| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 79.0 | 73.9 | 74.0 | 71.9 | 71.9 | 63.0 | 60.3 | 58.9 | 65.1 | 57.6 | 54.8 | 54.1 | 55.1 | 46.2 | 50.3 | 53.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 298.8 | 291.8 | 247.2 | 221.6 | 209.5 | 303.1 | 247.2 | 91.9 |
| Cost of Revenue | 243.4 | 240.2 | 201.4 | 179.9 | 172.1 | 214.1 | 167.4 | 71.2 |
| Gross Profit | 55.5 | 51.6 | 45.8 | 41.7 | 37.4 | 89.0 | 79.8 | 20.7 |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | 4.4 | (0.5) | (8.1) | (18.8) | (28.4) | 1.7 | 36.9 | (9.4) |
| Non-Operating | ||||||||
| Interest Income | 0.3 | 0.2 | 1.2 | 1.7 | 0.7 | 0.0 | 1.1 | 0.6 |
| Interest Expense | 18.5 | 20.6 | 18.9 | 17.8 | 19.3 | 16.5 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.2 | 0.3 | 0.1 | 0.2 | (0.1) | 0.5 | 0.5 | 0.0 |
| Net Income From Continuing Ops | 12.7 | 1.4 | (25.9) | (36.7) | (40.5) | |||
| Per Share | ||||||||
| EPS Basic | 1.01 | (0.11) | (5.96) | (8.97) | (10.30) | 0.31 | 0.73 | (0.73) |
| EPS Diluted | 1.01 | (0.11) | (5.96) | (8.97) | (10.30) | 0.26 | ||
| Supplementary Data | ||||||||
| EBITDA | - | 163.8 | 132.5 | 107.7 | 88.4 | 145.7 | 148.4 | 37.7 |
| EBIT | 4.4 | (0.5) | (8.1) | (18.8) | (28.4) | 1.7 | ||
| 59.9 |
| 73.3 |
| 71.7 |
| 77.5 |
| 80.6 |
| - |
| 71.2 |
| 60.7 |
| - |
| Cost of Revenue | 60.8 | 62.4 | 59.5 | 60.7 | 57.6 | 55.6 | 48.4 | 48.9 | 48.6 | 48.7 | 43.3 | 44.7 | 43.2 | 40.7 | 38.4 | 44.8 | 48.1 | 52.0 | 53.4 | 55.9 | 52.9 | - | 47.0 | 42.2 | - |
| Gross Profit | 18.2 | 11.5 | 14.6 | 11.2 | 14.3 | 7.4 | 11.9 | 9.9 | 16.5 | 8.9 | 11.5 | 9.5 | 11.9 | 5.5 | 11.9 | 8.2 | 11.8 | 21.3 | 18.4 | 21.5 | 27.8 | - | 24.2 | 18.5 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | 2.6 | 2.7 | 2.7 | 2.9 | 3.6 | 3.3 | 3.6 | 3.8 | ||||||||
| Depreciation & Amortization | 40.7 | - | - | - | 39.4 | - | - | - | 34.0 | - | - | - | 29.7 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 4.3 | (1.0) | 2.5 | (1.4) | (0.5) | (4.8) | (4.4) | (2.6) | 3.8 | (10.6) | (0.4) | (4.0) | (3.7) | (10.8) | (4.7) | (8.2) | (4.8) | (1.2) | (2.6) | (9.0) | 14.4 | 14.8 | 13.6 | 8.8 | (0.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.6 | 0.5 | 0.2 | 0.0 | 0.0 | - | 0.0 | - | 0.0 | 0.0 | 0.0 | 0.1 | 1.0 |
| Interest Expense | 3.1 | 4.1 | 5.9 | 5.4 | 5.1 | 4.8 | 4.8 | 4.7 | 4.5 | 4.3 | 4.3 | 4.1 | 5.2 | 5.5 | 5.1 | 4.4 | 4.3 | 4.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | 5.6 | 20.1 | (5.0) | (7.8) | (5.7) | (9.5) | (8.8) | (6.8) | (0.6) | (14.5) | (4.0) | (7.4) | (10.5) | (15.1) | (9.1) | (10.3) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.0) | 0.3 | (0.1) | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (0.2) | 0.1 | 0.1 | 0.0 | (0.3) | 0.8 | (1.8) | 1.8 | (0.1) | 0.2 | 0.1 | 0.2 |
| Net Income From Continuing Ops | 5.7 | 19.8 | (4.9) | (7.8) | (5.7) | (9.6) | (8.9) | (6.9) | (0.6) | (14.6) | (4.1) | (7.4) | (10.5) | (14.9) | (9.2) | (10.3) | (6.0) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | 5.7 | 19.8 | (4.9) | (7.8) | (5.7) | (9.6) | (8.9) | (6.9) | (0.6) | (14.6) | (4.1) | (7.4) | (10.5) | (14.9) | (9.2) | (10.3) | (6.0) | ||||||||
| Net Income Attributable To Parent | 5.7 | 19.8 | (4.9) | (7.8) | (5.7) | (9.6) | (8.9) | (6.9) | (0.6) | (14.6) | (4.1) | (7.4) | (10.5) | (14.9) | (9.2) | (10.3) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | 0.4 | 17.9 | (4.9) | (7.8) | (5.7) | (9.6) | (8.9) | (6.9) | (0.6) | (14.6) | (4.1) | (7.4) | (10.5) | (16.5) | (8.2) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | 0.07 | - | (0.94) | (1.63) | (1.23) | - | (2.05) | (1.61) | (0.13) | - | (0.98) | (1.83) | (2.65) | - | (2.34) | (2.64) | (0.06) | - | 0.14 | (0.17) | 0.26 | - | 0.32 | 0.17 | - |
| EPS Diluted | 0.07 | - | (0.94) | (1.63) | (1.23) | - | (2.05) | (1.61) | (0.13) | - | (0.98) | (1.83) | (2.65) | - | (2.34) | (2.64) | (0.06) | - | |||||||
| Shares Basic | 5.5 | - | 5.3 | 4.8 | 4.6 | - | 4.3 | 4.3 | 4.2 | - | 4.1 | 4.1 | 4.0 | - | 3.9 | 3.9 | 97.9 | - | |||||||
| Shares Diluted | 5.5 | - | 5.3 | 4.8 | 4.6 | - | 4.3 | 4.3 | 4.2 | - | 4.1 | 4.1 | 4.0 | - | 3.9 | 3.9 | 97.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | 45.0 | - | - | - | 38.9 | - | - | - | 37.8 | - | - | - | 26.0 | - | - | - | 27.9 | - | - | - | 50.5 | - | - | - | - |
| EBIT | 4.3 | (1.0) | 2.5 | (1.4) | (0.5) | (4.8) | (4.4) | (2.6) | 3.8 | (10.6) | (0.4) | (4.0) | (3.7) | (10.8) | (4.7) | (8.2) | (4.8) | (1.2) | (2.6) | ||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | - | 11.2 | 10.9 | 10.9 | 14.3 | 11.3 | 4.3 | 4.2 |
| Depreciation & Amortization | - | 164.3 | 140.6 | 126.5 | 116.8 | 144.0 | 111.4 | 47.1 |
| Amortization of Intangibles | - | 1.1 | 1.1 | 0.9 | 0.5 | 0.2 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - |
| 13.6 |
| 8.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | (30.9) | - |
| Pre-Tax Income | 13.0 | 1.7 | (25.8) | (36.5) | (40.5) | 21.7 | 23.0 | (18.8) |
| 21.2 |
| (31.9) |
| (3.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 12.7 | 1.4 | (25.9) | (36.7) | (40.5) | 21.2 | (31.9) | (3.1) |
| Net Income Attributable To Parent | 12.7 | 1.4 | (25.9) | (36.7) | (40.5) | 21.2 | 22.5 | (18.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 5.5 | (0.6) | (25.9) | (36.7) | (40.5) | 21.2 | 22.5 | (18.8) |
| 0.48 |
| (0.73) |
| Shares Basic | 5.5 | 5.0 | 4.3 | 4.1 | 3.9 | 68.5 | 30.9 | 25.7 |
| Shares Diluted | 5.5 | 5.0 | 4.3 | 4.1 | 3.9 | 80.6 | 46.9 | 25.7 |
| 36.9 |
| (9.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.0 |
| 3.6 |
| 2.5 |
| 1.2 |
| 1.8 |
| 1.3 |
| 0.9 |
| 0.2 |
| 32.7 |
| - |
| - |
| - |
| 36.1 |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.2 |
| 4.1 |
| 4.1 |
| - |
| 3.5 |
| 3.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.0) |
| 7.2 |
| 14.5 |
| (9.9) |
| 9.9 |
| 2.1 |
| 10.1 |
| 5.2 |
| 5.7 |
| 15.4 |
| 13.7 |
| (8.1) |
| 0.2 |
| (52.3) |
| 9.8 |
| 5.1 |
| 5.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.4 |
| 13.7 |
| (8.1) |
| 0.2 |
| (52.3) |
| 9.8 |
| 5.1 |
| 5.5 |
| (6.0) |
| 7.5 |
| 13.7 |
| (8.1) |
| 8.1 |
| 2.1 |
| 9.8 |
| 5.1 |
| 5.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.7) |
| (6.0) |
| 7.5 |
| 13.7 |
| (8.1) |
| 8.1 |
| 2.1 |
| 9.8 |
| 5.1 |
| 5.5 |
| 0.13 |
| (0.17) |
| 0.15 |
| - |
| 0.21 |
| 0.09 |
| - |
| 97.1 |
| 47.0 |
| 31.6 |
| - |
| 30.8 |
| 30.6 |
| - |
| 105.6 |
| 47.0 |
| 52.3 |
| - |
| 46.2 |
| 54.2 |
| - |
| (9.0) |
| 14.4 |
| 14.8 |
| 13.6 |
| 8.8 |
| (0.2) |