| (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 | 41.9 | 41.2 | 40.9 | 38.1 | 36.7 | 37.0 | 36.3 | 36.0 | 35.6 | 35.7 | 34.9 | 34.3 | 33.1 | 32.5 | 34.5 | 33.7 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 162.1 | 156.8 | 144.8 | 138.1 | 135.2 | 114.3 | 68.4 |
| Cost of Revenue | 40.7 | 39.4 | 37.4 | 34.9 | 34.2 | 31.1 | 20.4 |
| Gross Profit | 121.4 | 117.4 | 107.4 | 103.1 | 101.0 | 83.2 | 48.0 |
| Operating Expenses | |||||||
| Research & Development | 57.0 | 56.6 | 51.5 | 51.6 | 59.3 | 34.4 | 26.6 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (45.6) | (48.1) | (61.7) | (49.8) | (71.8) | (23.8) | (22.5) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | 0.7 | 0.7 | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 |
| Net Income From Continuing Ops | (42.6) | (44.4) | (55.8) | (42.2) | (70.8) | (24.3) | |
| Per Share | |||||||
| EPS Basic | (0.67) | (0.72) | (0.93) | (0.70) | (1.20) | (0.73) | (1.74) |
| EPS Diluted | (0.67) | (0.72) | (0.93) | (0.70) | (1.20) | (0.73) | (1.74) |
| Supplementary Data | |||||||
| EBITDA | (41.9) | (44.5) | (57.8) | (45.7) | (68.8) | (22.2) | (20.9) |
| EBIT | (45.6) | (48.1) | (61.7) | (49.8) | (71.8) | (23.8) | (22.5) |
| 34.5 |
| 33.8 |
| 29.9 |
| 29.5 |
| 21.1 |
| - |
| 17.9 |
| 15.7 |
| - |
| Cost of Revenue | 10.8 | 10.2 | 10.0 | 9.7 | 9.5 | 9.5 | 9.7 | 9.3 | 8.9 | 8.7 | 8.9 | 9.0 | 8.3 | 8.1 | 8.6 | 8.5 | 9.0 | 8.8 | 7.8 | 8.7 | 5.8 | - | 5.5 | 4.5 | - |
| Gross Profit | 31.1 | 30.9 | 30.9 | 28.4 | 27.2 | 27.5 | 26.5 | 26.7 | 26.7 | 27.0 | 26.0 | 25.2 | 24.9 | 24.5 | 25.8 | 25.2 | 25.5 | 25.0 | 22.0 | 20.9 | 15.3 | - | 12.3 | 11.2 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 14.7 | 15.0 | 13.4 | 14.0 | 14.3 | 13.8 | 12.8 | 12.9 | 12.1 | 10.5 | 12.1 | 13.3 | 15.8 | 16.1 | 15.7 | 15.2 | 12.3 | 10.6 | 9.7 | 7.9 | 6.3 | - | 6.2 | 6.2 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 16.1 | 15.2 | 15.0 | 15.2 | 14.5 | 15.1 | 15.0 | 15.5 | 15.8 | 14.3 | 16.7 | 18.1 | 19.1 | 18.2 | 19.3 | 18.9 | 16.4 | ||||||||
| General & Administrative | 10.4 | 10.0 | 16.9 | 11.0 | 11.0 | 9.5 | 9.7 | 10.7 | 11.2 | 9.9 | 0.1 | 10.9 | 12.3 | 10.2 | 10.9 | 11.1 | 8.5 | ||||||||
| Depreciation & Amortization | 1.0 | 1.1 | 0.8 | 0.8 | 0.9 | 1.1 | 0.9 | 0.9 | 1.1 | 1.3 | 1.0 | 0.9 | 1.0 | 1.1 | 0.8 | 0.6 | |||||||||
| Amortization of Intangibles | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | (0.1) | 0.2 | 0.1 | 0.1 | - | 0.2 | 0.1 | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 41.2 | 40.2 | 45.4 | 40.2 | 39.8 | 53.6 | 37.4 | 39.1 | 39.1 | 34.7 | 28.9 | 42.2 | 47.1 | 44.5 | 45.9 | 45.2 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (10.1) | (9.2) | (14.5) | (11.8) | (12.6) | (26.1) | (10.9) | (12.4) | (12.3) | (7.7) | (2.9) | (17.0) | (22.3) | (20.0) | (20.1) | (20.0) | (11.8) | (8.9) | (9.1) | (3.0) | (2.8) | - | (3.0) | (5.3) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.6 | 1.0 | 0.9 | 1.2 | 1.4 | 1.0 | 1.8 | 1.7 | 1.8 | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | (9.5) | (8.2) | (13.5) | (10.6) | (11.3) | (25.2) | (9.0) | (10.7) | (10.5) | (5.6) | (1.0) | (14.9) | (20.3) | (18.6) | (20.0) | (20.1) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.3 | 0.1 | 0.2 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (9.6) | (8.5) | (13.7) | (10.8) | (11.4) | (25.2) | (9.2) | (10.8) | (10.6) | (5.8) | (1.0) | (14.9) | (20.4) | (18.7) | (20.1) | (20.2) | (11.8) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (9.6) | (8.5) | (13.7) | (10.8) | (11.4) | (25.2) | (9.2) | (10.8) | (10.6) | (5.8) | (1.0) | (14.9) | (20.4) | (18.7) | (20.1) | (20.2) | (11.8) | ||||||||
| Net Income Attributable To Parent | (9.6) | (8.5) | (13.7) | (10.8) | (11.4) | (25.2) | (9.2) | (10.8) | (10.6) | (5.8) | (1.0) | (14.9) | (20.4) | (18.7) | (20.1) | (20.2) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (9.6) | (8.5) | (13.7) | (10.8) | (11.4) | (25.2) | (9.2) | (10.8) | (10.6) | (5.8) | (1.0) | (14.9) | (20.4) | (18.7) | (20.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.15) | - | (0.22) | (0.18) | (0.19) | - | (0.15) | (0.18) | (0.17) | - | (0.02) | (0.25) | (0.34) | - | (0.34) | (0.35) | (0.20) | - | (0.19) | (0.23) | (0.22) | - | (0.24) | (0.42) | - |
| EPS Diluted | (0.15) | - | (0.22) | (0.18) | (0.19) | - | (0.15) | (0.18) | (0.17) | - | (0.02) | (0.25) | (0.34) | - | (0.34) | (0.35) | (0.20) | - | |||||||
| Shares Basic | 63.7 | - | 62.1 | 61.2 | 60.6 | - | 59.7 | 59.8 | 61.2 | - | 60.4 | 59.9 | 59.4 | - | 58.6 | 58.3 | 58.0 | - | |||||||
| Shares Diluted | 63.7 | - | 62.1 | 61.2 | 60.6 | - | 59.7 | 59.8 | 61.2 | - | 60.4 | 59.9 | 59.4 | - | 58.6 | 58.3 | 58.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (9.1) | (8.1) | (13.7) | (11.0) | (11.7) | (25.1) | (10.0) | (11.5) | (11.3) | (6.4) | (1.9) | (16.1) | (21.3) | (18.9) | (19.3) | (19.4) | (11.3) | (8.5) | (8.7) | (2.6) | (2.4) | - | (2.6) | (4.9) | - |
| EBIT | (10.1) | (9.2) | (14.5) | (11.8) | (12.6) | (26.1) | (10.9) | (12.4) | (12.3) | (7.7) | (2.9) | (17.0) | (22.3) | (20.0) | (20.1) | (20.0) | (11.8) | (8.9) | (9.1) | ||||||
| - |
| Selling & Marketing | 61.6 | 60.0 | 61.4 | 68.1 | 72.8 | 47.0 | 31.1 |
| General & Administrative | 48.3 | 48.9 | 41.0 | 33.2 | 40.7 | 25.6 | 13.9 |
| Depreciation & Amortization | 3.7 | 3.7 | 3.9 | 4.2 | 3.0 | 1.7 | 1.6 |
| Amortization of Intangibles | 0.1 | 0.2 | 0.3 | 0.3 | 0.2 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 167.0 | 165.5 | 169.2 | 153.0 | 172.8 | 107.1 | 70.5 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.8 | 4.5 | 6.3 | - | - | - | - |
| Pre-Tax Income | (41.9) | (43.6) | (55.4) | (41.7) | (70.6) | (24.3) | (22.8) |
| (22.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (42.6) | (44.4) | (55.8) | (42.2) | (70.8) | (24.3) | (22.9) |
| Net Income Attributable To Parent | (42.6) | (44.4) | (55.8) | (42.2) | (70.8) | (24.3) | (22.9) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (42.6) | (44.4) | (55.8) | (42.2) | (70.8) | (24.4) | (23.0) |
| Shares Basic | 63.7 | 61.7 | 60.2 | 60.1 | 58.8 | 33.2 | 13.2 |
| Shares Diluted | 63.7 | 61.7 | 60.2 | 60.1 | 58.8 | 33.2 | 13.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.2 |
| 13.2 |
| 10.8 |
| 7.9 |
| - |
| 7.2 |
| 7.2 |
| - |
| 8.2 |
| 8.3 |
| 5.1 |
| 4.1 |
| - |
| 3.0 |
| 3.1 |
| - |
| 0.5 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| - |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.3 |
| 34.0 |
| 31.1 |
| 23.8 |
| 18.2 |
| - |
| 15.4 |
| 16.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.8) |
| (9.1) |
| (9.2) |
| (3.0) |
| (2.9) |
| - |
| (3.2) |
| (5.5) |
| - |
| (9.1) |
| (9.2) |
| (3.1) |
| (2.9) |
| (3.0) |
| (3.2) |
| (5.5) |
| (11.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.1) |
| (9.2) |
| (3.1) |
| (2.9) |
| (3.0) |
| (3.2) |
| (5.5) |
| (11.2) |
| (11.8) |
| (9.1) |
| (9.2) |
| (3.1) |
| (2.9) |
| (3.0) |
| (3.2) |
| (5.5) |
| (11.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (20.2) |
| (11.8) |
| (9.1) |
| (9.2) |
| (3.1) |
| (3.0) |
| (3.0) |
| (3.2) |
| (5.5) |
| (11.2) |
| (0.19) |
| (0.23) |
| (0.22) |
| - |
| (0.24) |
| (0.42) |
| - |
| 47.7 |
| 13.6 |
| 13.4 |
| - |
| 13.2 |
| 13.1 |
| - |
| 47.7 |
| 13.6 |
| 13.4 |
| - |
| 13.2 |
| 13.1 |
| - |
| (3.0) |
| (2.8) |
| - |
| (3.0) |
| (5.3) |
| - |