| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 16.6 | 41.5 | 17.8 | 12.3 | 16.8 | 21.1 | 22.6 | 21.3 | 20.3 | 24.5 | 23.5 | 21.2 | 21.2 | 24.8 | 24.2 | 20.3 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||
| Revenues | 88.1 | 88.3 | 85.2 | 90.4 | 89.2 | 75.3 | 57.0 | 40.7 | 36.7 | 25.1 | 17.3 | 11.9 | 7.2 | 4.0 | 3.4 | 3.0 |
| Cost of Revenue | - | 9.6 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | 78.8 | 85.2 | 90.4 | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Operating Income | ||||||||||||||||
| Operating Income | - | - | - | - | - | - | - | - | - | 11.4 | 7.1 | 4.6 | 1.6 | 1.4 | ||
| Non-Operating | ||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.1 | 0.0 | 0.0 |
| Tax & Net | ||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 1.5 | 0.3 | |
| Per Share | ||||||||||||||||
| EPS Basic | (0.72) | (0.29) | (0.29) | (0.28) | (0.43) | (0.29) | (0.20) | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | 18.6 | 12.2 | 7.7 | 3.3 | 2.1 | 2.4 | 1.8 |
| 19.9 |
| 22.8 |
| 19.6 |
| 16.9 |
| 16.0 |
| 15.1 |
| 14.0 |
| 12.6 |
| 15.3 |
| 13.5 |
| 11.0 |
| 8.4 |
| 7.8 |
| 8.0 |
| 8.0 |
| 11.4 |
| 9.2 |
| 6.8 |
| 6.6 |
| 6.0 |
| 5.8 |
| 4.9 |
| 4.5 |
| 4.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.1 | 2.4 | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.3 | 6.9 | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 0.7 | 0.6 | 0.6 | 0.5 | 0.7 | 0.6 | 0.7 | 0.8 | 0.6 | 0.7 | 0.6 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.7 | |||||||||||||||||||||||
| Depreciation & Amortization | 10.4 | 9.4 | 8.4 | 8.4 | 8.4 | 8.6 | 8.8 | 8.8 | 8.8 | 9.8 | 9.2 | 9.0 | 9.1 | 9.5 | 9.1 | 8.4 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.3 | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | - | 29.3 | 13.3 | 12.5 | 13.1 | 13.8 | 15.7 | 13.4 | 13.0 | 15.6 | 14.1 | 13.4 | 13.8 | 15.2 | 14.6 | 12.2 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.3 | 2.5 | 2.8 | 2.9 | 2.9 | 2.9 | 2.6 | 2.3 | 1.8 | 1.6 |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 4.7 | 5.0 | 4.9 | 5.0 | 5.2 | 5.4 | 5.4 | 5.5 | 5.6 | 5.8 | 5.9 | 5.9 | 6.0 | 6.3 | 6.5 | 6.5 | 6.4 | 6.4 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | (0.0) | (0.0) | (0.0) | 0.0 | ||||||||||||||||||||||||
| Other Non-Operating Income | (4.3) | (7.9) | (2.4) | (7.7) | 11.4 | (6.7) | (6.9) | (8.7) | 6.3 | (7.0) | (6.3) | 0.0 | (5.7) | (8.5) | (7.8) | (7.5) | (5.4) | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.0) | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (4.3) | 4.2 | 2.1 | (7.9) | 15.1 | 0.5 | 0.0 | (0.8) | 13.6 | 1.8 | 3.1 | 7.9 | 1.8 | 1.1 | 1.8 | 0.6 | 1.2 | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (4.3) | 4.2 | 2.1 | (7.9) | 15.1 | 0.5 | 0.0 | (0.8) | 13.6 | 1.8 | 3.1 | 7.9 | 1.8 | 1.1 | 1.8 | 0.6 | 1.2 | |||||||||||||||||||||||
| Net Income Attributable To Parent | (4.3) | 4.2 | 2.1 | (7.9) | 15.1 | 0.5 | 0.0 | (0.8) | 13.6 | 1.8 | 3.1 | 7.9 | 1.8 | 1.1 | 1.8 | 0.6 | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | ||||||||||||||||||||||
| Less: Preferred Dividends | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.0 | 6.1 | 6.1 | 6.1 | 6.1 | 6.1 | 6.1 | 5.9 | 5.4 | 4.5 | 3.9 | |||||||||||||||||||||||
| Net Income To Common Shareholders | (10.0) | (1.8) | (3.9) | (13.9) | 9.1 | (5.5) | (5.8) | (6.7) | 7.4 | (4.3) | (3.0) | 1.7 | (4.3) | (4.8) | (3.6) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.24) | - | (0.11) | (0.38) | 0.25 | - | (0.16) | (0.19) | 0.21 | - | (0.08) | 0.05 | (0.12) | - | (0.10) | (0.11) | (0.08) | - | (0.05) | (0.12) | (0.08) | - | (0.04) | (0.10) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.24) | - | (0.11) | (0.38) | 0.25 | - | (0.16) | (0.19) | 0.21 | - | (0.08) | 0.05 | (0.12) | - | (0.10) | (0.11) | (0.08) | - | ||||||||||||||||||||||
| Shares Basic | 40.9 | - | 36.2 | 36.2 | 36.2 | - | 35.8 | 35.8 | 35.8 | - | 35.8 | 35.7 | 35.5 | - | 34.6 | 34.5 | 34.3 | - | ||||||||||||||||||||||
| Shares Diluted | 40.9 | - | 36.2 | 36.2 | 36.2 | - | 35.8 | 35.8 | 35.8 | - | 35.8 | 35.7 | 35.5 | - | 34.6 | 34.5 | 34.3 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.7 | 4.7 | 5.0 | 5.1 | 5.0 | 4.5 | 4.1 | 3.7 | 3.2 | 2.9 |
| EBIT | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 2.4 | 2.3 | 2.6 | 2.9 | 2.7 | 2.1 | 2.1 | 2.0 | 1.8 | 1.6 | 1.4 | 1.2 | 1.4 | 0.7 | 0.1 | 0.1 |
| Depreciation & Amortization | 36.5 | 34.5 | 35.1 | 37.2 | 35.4 | 27.2 | 16.7 | 12.8 | 9.4 | 7.2 | 5.2 | 3.1 | 1.7 | 0.7 | 0.5 | 0.5 |
| Amortization of Intangibles | - | - | - | 1.0 | 1.0 | 1.3 | 1.7 | 1.6 | 1.1 | 1.1 | 0.7 | 0.8 | 0.4 | 0.1 | 0.1 | 0.2 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | 68.3 | 55.9 | 56.9 | 55.3 | 43.6 | 29.4 | 21.4 | 24.6 | - | - | - | - | - | - | - |
| 1.9 |
| 1.3 |
| Interest Expense | 19.6 | 20.0 | 21.9 | 23.7 | 25.7 | 24.9 | 20.6 | 16.3 | 12.1 | 9.8 | 6.0 | 4.2 | 2.0 | 1.1 | 1.0 | 0.8 |
| Income From Equity Investments | - | - | - | - | (0.1) | (0.1) | (0.0) | 0.0 | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (22.2) | (6.5) | (16.0) | (18.9) | (29.2) | (28.2) | (22.7) | (17.5) | (9.3) | (11.4) | (6.6) | (4.0) | (1.7) | (1.1) | (1.0) | (1.3) |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.6 | (0.1) | 0.3 | 0.9 | 0.0 |
| 0.0 |
| Net Income From Continuing Ops | (5.9) | 13.5 | 13.3 | 14.6 | 4.7 | 3.5 | 5.0 | 1.8 | 2.8 | (0.0) | 0.5 | 0.6 | (0.1) | (1.2) | 0.6 | 0.0 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (5.9) | 13.5 | 13.3 | 14.6 | 4.7 | 3.5 | 5.0 | 1.8 | 2.8 | (0.0) | 0.5 | 0.6 | (0.1) | (1.2) | 0.6 | 0.0 |
| Net Income Attributable To Parent | (5.9) | 13.5 | 13.3 | 14.6 | 4.7 | 3.5 | 4.9 | 1.7 | 2.6 | (0.0) | 0.4 | 0.6 | (0.1) | (1.2) | 0.6 | 0.0 |
| Less: Minority Interest | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | (0.0) | 0.0 | 0.0 | 0.0 | - | - | - |
| Less: Preferred Dividends | 24.0 | 24.0 | 24.3 | 24.4 | 19.7 | 12.2 | 9.3 | 4.2 | 0.4 | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (29.6) | (10.5) | (10.5) | (9.9) | (15.0) | (8.8) | (4.4) | (2.5) | 2.3 | (0.0) | 0.4 | 0.6 | (0.1) | (1.2) | 0.6 | 0.0 |
| EPS Diluted | (0.72) | (0.29) | (0.29) | (0.28) | (0.43) | (0.29) | (0.20) | - | - | - | - | - | - | - | - | - |
| Shares Basic | 40.9 | 36.5 | 35.9 | 35.7 | 34.6 | 30.4 | 22.3 | - | - | - | - | - | - | - | - | - |
| Shares Diluted | 40.9 | 36.5 | 35.9 | 35.7 | 34.6 | 30.4 | 22.3 | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | 11.4 | 7.1 | 4.6 | 1.6 | 1.4 | 1.9 | 1.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.6 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.6 |
| 0.4 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.4 |
| 0.5 |
| 0.6 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.6 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.2 |
| 0.4 |
| 0.4 |
| 8.3 |
| 7.9 |
| 6.9 |
| 6.3 |
| 6.1 |
| 4.6 |
| 3.9 |
| 3.8 |
| 4.3 |
| 3.8 |
| 3.4 |
| 2.9 |
| 2.6 |
| 2.6 |
| 2.4 |
| 2.2 |
| 2.2 |
| 2.1 |
| 2.1 |
| 1.6 |
| 1.5 |
| 1.4 |
| 1.4 |
| 1.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.8 |
| 0.5 |
| 0.5 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.4 |
| 13.0 |
| 11.2 |
| 9.5 |
| 9.9 |
| 8.0 |
| 6.9 |
| 6.5 |
| 8.1 |
| 7.0 |
| 5.6 |
| 4.2 |
| 4.6 |
| 4.5 |
| 4.7 |
| 8.9 |
| 6.5 |
| - |
| 3.6 |
| 3.1 |
| - |
| - |
| - |
| - |
| 6.1 |
| 6.1 |
| 6.2 |
| 5.5 |
| 5.2 |
| 5.0 |
| 5.0 |
| 4.9 |
| 4.4 |
| 3.5 |
| 3.5 |
| 3.4 |
| 3.1 |
| 2.8 |
| 2.8 |
| 2.8 |
| 2.6 |
| 2.2 |
| 2.2 |
| 1.7 |
| 1.6 |
| 1.5 |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.8) |
| (6.9) |
| (7.9) |
| (5.6) |
| (7.0) |
| (5.6) |
| (6.0) |
| (4.1) |
| (5.6) |
| (4.9) |
| (3.9) |
| (3.1) |
| (4.6) |
| 2.7 |
| (4.3) |
| (3.1) |
| (3.2) |
| (3.2) |
| (2.7) |
| (2.4) |
| (2.2) |
| (1.8) |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.0 |
| 1.5 |
| (0.5) |
| 0.6 |
| 0.1 |
| 1.6 |
| 0.2 |
| 3.1 |
| 1.0 |
| 0.5 |
| 0.2 |
| 0.1 |
| (1.1) |
| 6.0 |
| (1.9) |
| (0.3) |
| (0.2) |
| (0.2) |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.0 |
| 1.5 |
| (0.5) |
| 0.6 |
| 0.1 |
| 1.6 |
| 0.2 |
| 3.1 |
| 1.0 |
| 0.5 |
| 0.2 |
| 0.1 |
| (1.1) |
| 6.0 |
| (1.9) |
| (0.3) |
| (0.2) |
| (0.2) |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.1 |
| 1.2 |
| 2.0 |
| 1.5 |
| (0.5) |
| 0.6 |
| 0.1 |
| 1.6 |
| 0.2 |
| 3.1 |
| 0.9 |
| 0.5 |
| 0.2 |
| 0.1 |
| (1.0) |
| 5.7 |
| (1.7) |
| (0.3) |
| (0.2) |
| (0.2) |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.0 |
| (0.0) |
| 0.0 |
| (0.0) |
| 0.0 |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.1) |
| 0.3 |
| (0.1) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 3.4 |
| 3.1 |
| 2.9 |
| 2.8 |
| 2.5 |
| 2.4 |
| 2.3 |
| 2.1 |
| 1.6 |
| 1.2 |
| 0.9 |
| 0.6 |
| 0.3 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| (3.9) |
| (2.7) |
| (1.4) |
| (1.6) |
| (3.5) |
| (2.2) |
| (2.4) |
| (0.8) |
| (2.1) |
| 0.9 |
| (0.6) |
| (0.6) |
| (0.7) |
| (0.5) |
| (1.3) |
| 5.6 |
| (1.7) |
| (0.3) |
| (0.2) |
| (0.2) |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.1 |
| (0.05) |
| (0.12) |
| (0.08) |
| - |
| (0.04) |
| (0.10) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.4 |
| 29.4 |
| 26.9 |
| - |
| 22.0 |
| 21.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.4 |
| 29.4 |
| 26.9 |
| - |
| 22.0 |
| 21.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.3 |
| 2.5 |
| 2.8 |
| 2.9 |
| 2.9 |
| 2.9 |
| 2.6 |
| 2.3 |
| 1.8 |
| 1.6 |