| (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 | Q3 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | 13.9 | 13.3 | 12.9 | 12.0 | 11.7 | 11.6 | 11.8 | 10.0 | 9.9 | 9.2 | 9.2 | 7.7 | 8.1 | 9.0 | 8.8 | 8.7 | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 52.2 | 49.9 | 43.3 | 34.2 | 35.8 | 36.8 | 25.8 | 13.1 |
| Cost of Revenue | 33.5 | 31.0 | 25.6 | 23.9 | 30.6 | 27.4 | 19.2 | 8.0 |
| Gross Profit | 18.7 | 18.9 | 17.7 | 10.3 | 5.2 | 9.4 | 6.6 | 5.1 |
| Operating Expenses | ||||||||
| Research & Development | - | 0.3 | 0.1 | 0.2 | 0.4 | 1.0 | 0.5 | 0.3 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (6.2) | (3.4) | (2.2) | (10.7) | (40.4) | (24.0) | (12.9) | (8.8) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | 0.0 | 0.1 | 0.2 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | (4.7) | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (1.3) | (3.3) | (1.8) | (10.2) | (40.3) | |||
| Per Share | ||||||||
| EPS Basic | (0.17) | (0.31) | (0.18) | (1.09) | (4.41) | (2.66) | (2.61) | (0.29) |
| EPS Diluted | (0.15) | - | - | (1.09) | (4.41) | (2.66) | ||
| Supplementary Data | ||||||||
| EBITDA | (5.9) | (3.2) | (1.9) | (10.4) | (39.2) | (23.0) | (12.5) | (8.5) |
| EBIT | (6.2) | (3.4) | (2.2) | (10.7) | (40.4) | (24.0) | ||
| 9.3 |
| 9.4 |
| 10.9 |
| 9.2 |
| 7.4 |
| 7.2 |
| 7.5 |
| 5.6 |
| 5.5 |
| 3.5 |
| Cost of Revenue | 9.3 | 8.8 | 8.2 | 7.2 | 6.8 | 7.1 | 6.7 | 5.8 | 5.9 | 5.5 | 6.3 | 5.8 | 6.2 | 9.4 | 6.8 | 7.1 | 7.4 | 7.2 | 7.7 | 7.0 | 5.6 | 5.8 | 5.7 | 4.3 | 3.4 | 2.0 |
| Gross Profit | 4.6 | 4.5 | 4.7 | 4.8 | 4.9 | 4.5 | 5.1 | 4.2 | 4.0 | 3.7 | 2.8 | 1.9 | 1.9 | (0.4) | 2.1 | 1.6 | 1.9 | 2.2 | 3.2 | 2.2 | 1.8 | 1.4 | 1.8 | 1.3 | 2.1 | 1.5 |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | 3.8 | 3.3 | 3.0 | 3.0 | 2.9 | 2.6 | 2.7 | 2.4 | 2.9 | 1.9 | 3.4 | 2.8 | 3.1 | 3.4 | 3.4 | 3.8 | 4.0 | |||||||||
| General & Administrative | 3.9 | 3.1 | 2.7 | 2.2 | 2.2 | 2.4 | 2.6 | 2.1 | 2.2 | 1.8 | 2.2 | 2.7 | 3.1 | 11.7 | 4.4 | 2.6 | 11.8 | |||||||||
| Depreciation & Amortization | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.5 | 0.2 | 0.2 | ||||||||||
| Amortization of Intangibles | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 7.7 | 6.3 | 5.7 | 5.2 | 5.1 | 5.0 | 5.3 | 4.5 | 5.1 | 3.7 | 5.6 | 5.5 | 6.2 | 15.3 | 7.9 | 6.5 | ||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (3.0) | (1.8) | (1.0) | (0.4) | (0.2) | (0.5) | (0.3) | (0.3) | (1.1) | 0.0 | (2.8) | (3.7) | (4.3) | (15.7) | (5.8) | (4.9) | (14.0) | (7.0) | (5.3) | (6.3) | (5.3) | (4.5) | (3.4) | (3.0) | (2.0) | (2.4) |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | (0.2) | |||||||||
| Pre-Tax Income | (3.0) | (1.8) | (1.0) | (0.4) | (0.1) | (0.4) | (0.2) | (0.2) | (1.0) | 0.1 | (2.7) | (3.5) | (4.1) | (15.5) | (5.7) | (4.9) | ||||||||||
| Tax & Net | ||||||||||||||||||||||||||
| Income Tax Expense | (4.7) | (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 | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - | - |
| Net Income From Continuing Ops | 1.8 | (1.8) | (1.0) | (0.4) | (0.2) | (0.4) | (0.2) | (0.2) | (1.0) | 0.1 | (2.7) | (3.5) | (4.1) | (15.6) | (5.7) | (4.9) | (14.1) | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | 1.8 | (1.8) | (1.0) | (0.4) | (0.2) | (0.4) | (0.2) | (0.2) | (1.0) | 0.1 | (2.7) | (3.5) | (4.1) | (15.6) | (5.7) | (4.9) | (14.1) | |||||||||
| Net Income Attributable To Parent | 1.8 | (1.8) | (1.0) | (0.4) | (0.2) | (0.4) | (0.2) | (0.2) | (1.0) | 0.1 | (2.7) | (3.5) | (4.1) | (15.6) | (5.7) | (4.9) | ||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | 1.3 | (1.8) | (1.0) | (0.4) | (0.2) | (0.4) | (0.2) | (0.2) | (1.0) | 0.1 | (2.7) | (3.5) | (4.1) | (15.6) | (5.7) | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | 0.12 | - | (0.09) | (0.03) | (0.02) | - | (0.02) | (0.02) | (0.11) | - | (0.28) | (0.38) | (0.45) | - | (0.63) | (0.54) | (1.55) | - | (0.59) | (0.70) | (0.60) | - | (0.86) | (0.93) | (0.47) | (0.66) |
| EPS Diluted | 0.11 | - | - | - | (0.02) | - | - | - | - | - | (0.28) | (0.38) | (0.45) | - | (0.63) | (0.54) | (1.55) | - | ||||||||
| Shares Basic | 10.8 | - | 10.7 | 10.5 | 10.3 | - | 10.3 | 9.8 | 9.4 | - | 9.3 | 9.3 | 9.2 | - | 9.2 | 9.1 | 9.1 | - | ||||||||
| Shares Diluted | 11.6 | - | - | - | 10.3 | - | - | - | - | - | - | 9.3 | 9.2 | - | 9.2 | 9.1 | 9.1 | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | (2.8) | (1.7) | (0.9) | (0.3) | (0.2) | (0.4) | (0.2) | (0.3) | (1.0) | 0.2 | (2.8) | (3.6) | (4.2) | (15.2) | (5.7) | (4.7) | (13.7) | (6.5) | (5.2) | (6.1) | (5.2) | (4.4) | (3.3) | (2.9) | (1.9) | - |
| EBIT | (3.0) | (1.8) | (1.0) | (0.4) | (0.2) | (0.5) | (0.3) | (0.3) | (1.1) | 0.0 | (2.8) | (3.7) | (4.3) | (15.7) | (5.8) | (4.9) | (14.0) | (7.0) | (5.3) | |||||||
| - |
| - |
| - |
| Selling & Marketing | 13.0 | 12.1 | 10.6 | 11.2 | 14.5 | 15.9 | 10.2 | 8.3 |
| General & Administrative | 11.9 | 10.2 | 9.3 | 9.8 | 30.6 | 16.5 | 8.8 | 5.2 |
| Depreciation & Amortization | 0.4 | 0.3 | 0.3 | 0.3 | 1.1 | 1.0 | 0.5 | 0.3 |
| Amortization of Intangibles | 0.3 | 0.2 | 0.2 | 0.2 | 0.4 | 0.4 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | (0.2) | (0.1) | - | - |
| Total Operating Expenses | 24.9 | 22.3 | 19.9 | 21.0 | 45.6 | 33.4 | 19.5 | 13.8 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.2 | 0.2 | 0.4 | 0.6 | 0.0 | 0.1 | 0.1 | 0.2 |
| Pre-Tax Income | (6.1) | (3.2) | (1.8) | (10.1) | (40.3) | (23.9) | (12.9) | (8.5) |
| (23.9) |
| (14.5) |
| (1.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (1.3) | (3.3) | (1.8) | (10.2) | (40.3) | (23.9) | (12.9) | (8.5) |
| Net Income Attributable To Parent | (1.3) | (3.3) | (1.8) | (10.2) | (40.3) | (23.9) | (12.9) | (8.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (1.8) | (3.3) | (1.8) | (10.2) | (40.3) | (23.9) | (14.5) | (1.1) |
| (2.61) |
| (0.29) |
| Shares Basic | 10.8 | 10.6 | 9.9 | 9.3 | 9.1 | 9.0 | 5.5 | 3.7 |
| Shares Diluted | 11.6 | - | - | - | 9.1 | 9.0 | 5.5 | 3.7 |
| (12.9) |
| (8.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.7 |
| 4.0 |
| 3.9 |
| 3.3 |
| 2.6 |
| 2.8 |
| 2.4 |
| 2.4 |
| 2.4 |
| 4.4 |
| 4.3 |
| 4.2 |
| 3.6 |
| 3.2 |
| 2.2 |
| 1.8 |
| 1.6 |
| 1.4 |
| 0.3 |
| 0.5 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.9 |
| 9.2 |
| 8.5 |
| 8.5 |
| 7.2 |
| 5.9 |
| 5.1 |
| 4.3 |
| 4.1 |
| 3.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (14.1) |
| (7.0) |
| (5.3) |
| (6.3) |
| (5.3) |
| (4.5) |
| (3.4) |
| (3.0) |
| (2.0) |
| (2.4) |
| (6.9) |
| (5.4) |
| (6.3) |
| (5.3) |
| (6.1) |
| (3.4) |
| (3.0) |
| (2.0) |
| (2.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.9) |
| (5.4) |
| (6.3) |
| (5.3) |
| (4.5) |
| (3.4) |
| (3.0) |
| (2.0) |
| (2.4) |
| (14.1) |
| (6.9) |
| (5.4) |
| (6.3) |
| (5.3) |
| (4.5) |
| (3.4) |
| (3.0) |
| (2.0) |
| (2.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.9) |
| (14.1) |
| (6.9) |
| (5.4) |
| (6.3) |
| (5.3) |
| (4.5) |
| (4.0) |
| (4.0) |
| (2.0) |
| (2.4) |
| (0.59) |
| (0.70) |
| (0.60) |
| - |
| (0.86) |
| (0.93) |
| (0.47) |
| (0.66) |
| 9.0 |
| 9.0 |
| 8.9 |
| - |
| 4.7 |
| 4.3 |
| 4.3 |
| 3.6 |
| 9.0 |
| 9.0 |
| 8.9 |
| - |
| 4.7 |
| 4.3 |
| 4.3 |
| 3.6 |
| (6.3) |
| (5.3) |
| (4.5) |
| (3.4) |
| (3.0) |
| (2.0) |
| (2.4) |