| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | 20.6 | 22.6 | 21.5 | 23.9 | 22.5 | 23.8 | 20.4 | 20.8 | 18.9 | 19.3 | 17.7 | 17.2 | 14.5 | 15.4 | 13.5 | 14.0 | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 88.5 | 90.5 | 83.8 | 68.7 | 53.7 | 48.4 | 32.7 | 32.6 | 20.0 |
| Cost of Revenue | 21.7 | 23.4 | 21.8 | 17.9 | 13.8 | 12.8 | 11.5 | 10.2 | 7.7 |
| Gross Profit | 66.8 | 67.1 | 62.0 | 50.8 | 39.9 | 35.6 | 21.2 | 22.4 | 12.3 |
| Operating Expenses | |||||||||
| Research & Development | 19.6 | 19.5 | 17.6 | 18.1 | 15.4 | 13.1 | 7.5 | 6.0 | 7.0 |
| Selling General & Administrative | 99.3 | 101.3 | 102.1 | 94.6 | |||||
| Operating Income | |||||||||
| Operating Income | (52.1) | (53.7) | (57.7) | (61.9) | (58.6) | (47.3) | (32.3) | (17.8) | (15.1) |
| Non-Operating | |||||||||
| Interest Income | 2.1 | 2.7 | 5.1 | 5.6 | 1.5 | 0.4 | 0.2 | 0.4 | 0.0 |
| Interest Expense | 3.4 | 3.2 | 3.5 | 3.2 | 1.1 | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 0.6 | 0.6 | 0.5 | 0.6 | 0.4 | 0.3 | 0.2 | 0.4 | 0.0 |
| Net Income From Continuing Ops | (53.2) | (54.0) | (56.4) | (60.8) | |||||
| Per Share | |||||||||
| EPS Basic | (1.27) | (1.33) | (1.44) | (1.60) | (1.59) | (1.35) | (3.16) | - | - |
| EPS Diluted | (1.27) | (1.33) | (1.44) | (1.60) | (1.59) | ||||
| Supplementary Data | |||||||||
| EBITDA | (51.1) | (52.6) | (56.6) | (60.5) | (57.2) | (46.6) | (32.0) | (17.6) | (15.0) |
| EBIT | (52.1) | (53.7) | (57.7) | (61.9) | (58.6) | ||||
| 10.8 |
| 13.7 |
| 13.3 |
| 12.2 |
| 9.2 |
| 9.8 |
| 10.6 |
| 3.7 |
| 8.6 |
| - |
| 9.1 |
| - |
| - |
| Cost of Revenue | 4.5 | 5.1 | 5.5 | 6.7 | 6.2 | 6.2 | 5.4 | 5.5 | 4.8 | 4.9 | 4.6 | 4.5 | 3.9 | 4.2 | 3.4 | 3.5 | 2.7 | 3.5 | 3.5 | 3.2 | 2.6 | 2.8 | 3.2 | 2.7 | 3.0 | - | 2.7 | - | - |
| Gross Profit | 16.0 | 17.5 | 16.1 | 17.2 | 16.3 | 17.6 | 15.0 | 15.3 | 14.1 | 14.4 | 13.0 | 12.7 | 10.6 | 11.2 | 10.2 | 10.4 | 8.1 | 10.3 | 9.7 | 9.0 | 6.6 | 7.1 | 7.5 | 1.0 | 5.7 | - | 6.4 | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 4.9 | 4.6 | 4.8 | 5.3 | 4.8 | 4.0 | 3.7 | 5.6 | 4.2 | 3.9 | 4.2 | 5.7 | 4.3 | 3.9 | 4.4 | 3.6 | 3.5 | 3.7 | 2.8 | 3.5 | 3.0 | 2.5 | 2.0 | 1.4 | 1.6 | - | 1.4 | - | - |
| Selling General & Administrative | 24.1 | 22.9 | 25.6 | 26.7 | 26.1 | 27.0 | 25.4 | 25.3 | 24.4 | 24.4 | 24.0 | 23.5 | 22.7 | 21.9 | 19.7 | 21.2 | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Depreciation & Amortization | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.1 | (0.2) | 0.1 | 0.1 | 0.1 | (0.2) | 0.1 | 0.1 | 0.1 | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 29.0 | 27.4 | 30.4 | 32.0 | 30.9 | 31.0 | 29.2 | 30.9 | 28.6 | 28.3 | 28.2 | 29.2 | 27.0 | 25.8 | 24.1 | 24.8 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (13.0) | (9.9) | (14.4) | (14.8) | (14.6) | (13.4) | (14.1) | (15.6) | (14.5) | (13.9) | (15.2) | (16.4) | (16.4) | (14.6) | (13.9) | (14.4) | (15.7) | (12.4) | (9.8) | (12.7) | (12.5) | (9.4) | (5.3) | (11.5) | (6.1) | - | (3.6) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | 0.4 | 0.5 | 0.6 | 0.7 | 0.9 | 1.0 | 1.3 | 1.3 | 1.4 | 1.5 | 1.5 | 1.4 | 1.1 | 0.7 | 0.5 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | - | 0.2 | - | - |
| Interest Expense | 1.0 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.6 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 0.1 | (0.0) | 0.8 | (0.1) | 0.2 | 0.1 | (0.2) | (0.0) | 0.4 | (0.4) | (0.3) | (0.2) | 0.1 | 0.2 | (0.4) | (0.2) | 0.0 | ||||||||||||
| Pre-Tax Income | (13.5) | (10.2) | (13.8) | (15.0) | (14.3) | (13.1) | (14.0) | (15.2) | (13.6) | (13.6) | (14.8) | (16.1) | (15.7) | (14.0) | (14.2) | (14.6) | |||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.0 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | - | 0.1 | - | - |
| Net Income From Continuing Ops | (13.7) | (10.4) | (14.0) | (15.2) | (14.4) | (13.2) | (14.1) | (15.3) | (13.7) | (13.9) | (14.9) | (16.2) | (15.9) | (14.3) | (14.2) | (14.6) | (15.8) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (13.7) | (10.4) | (14.0) | (15.2) | (14.4) | (13.2) | (14.1) | (15.3) | (13.7) | (13.9) | (14.9) | (16.2) | (15.9) | (14.3) | (14.2) | (14.6) | (15.8) | ||||||||||||
| Net Income Attributable To Parent | (13.7) | (10.4) | (14.0) | (15.2) | (14.4) | (13.2) | (14.1) | (15.3) | (13.7) | (13.9) | (14.9) | (16.2) | (15.9) | (14.3) | (14.2) | (14.6) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (13.7) | (10.4) | (14.0) | (15.2) | (14.4) | (13.2) | (14.1) | (15.3) | (13.7) | (13.9) | (14.9) | (16.2) | (15.9) | (14.3) | (14.2) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.34) | (0.38) | (0.36) | - | (0.36) | (0.39) | (0.36) | - | (0.39) | (0.43) | (0.42) | - | (0.38) | (0.40) | (0.43) | - | (0.28) | (0.36) | (0.35) | - | (1.37) | (6.15) | (3.76) | - | - | - | - |
| EPS Diluted | (0.33) | - | (0.34) | (0.38) | (0.36) | - | (0.36) | (0.39) | (0.36) | - | (0.39) | (0.43) | (0.42) | - | (0.38) | (0.40) | (0.43) | - | |||||||||||
| Shares Basic | 41.9 | - | 40.9 | 40.4 | 40.0 | - | 39.3 | 38.9 | 38.6 | - | 38.1 | 37.8 | 37.6 | - | 37.2 | 37.0 | 36.8 | - | |||||||||||
| Shares Diluted | 41.9 | - | 40.9 | 40.4 | 40.0 | - | 39.3 | 38.9 | 38.6 | - | 38.1 | 37.8 | 37.6 | - | 37.2 | 37.0 | 36.8 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (12.8) | (9.7) | (14.1) | (14.5) | (14.3) | (13.2) | (13.8) | (15.3) | (14.2) | (13.5) | (14.8) | (16.1) | (16.1) | (14.1) | (13.6) | (14.1) | (15.4) | (12.1) | (9.6) | (12.6) | (12.4) | (9.4) | (5.2) | (11.4) | (6.0) | - | (3.5) | - | - |
| EBIT | (13.0) | (9.9) | (14.4) | (14.8) | (14.6) | (13.4) | (14.1) | (15.6) | (14.5) | (13.9) | (15.2) | (16.4) | (16.4) | (14.6) | (13.9) | (14.4) | (15.7) | (12.4) | (9.8) | ||||||||||
| 83.1 |
| 69.9 |
| 46.1 |
| 34.2 |
| 20.3 |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 1.0 | 1.1 | 1.1 | 1.4 | 1.4 | 0.7 | 0.3 | 0.2 | 0.1 |
| Amortization of Intangibles | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 118.9 | 120.8 | 119.7 | 112.7 | 98.5 | 82.9 | 53.5 | 40.3 | 27.3 |
| 0.8 |
| 3.2 |
| 2.3 |
| 2.5 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.7 | 0.8 | 0.3 | (0.7) | (0.4) | (0.6) | 3.3 | (0.6) | (0.9) |
| Pre-Tax Income | (52.6) | (53.4) | (55.9) | (60.3) | (58.6) | (48.3) | (32.0) | (20.3) | (18.5) |
| (58.9) |
| (48.7) |
| (32.2) |
| (20.7) |
| (18.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (53.2) | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| Net Income Attributable To Parent | (53.2) | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (53.2) | (54.0) | (56.4) | (60.8) | (58.9) | (48.7) | (32.2) | (20.7) | (18.5) |
| (1.35) |
| (3.16) |
| - |
| - |
| Shares Basic | 41.9 | 40.7 | 39.1 | 38.0 | 37.1 | 36.1 | 10.2 | - | - |
| Shares Diluted | 41.9 | 40.7 | 39.1 | 38.0 | 37.1 | 36.1 | 10.2 | - | - |
| (47.3) |
| (32.3) |
| (17.8) |
| (15.1) |
| 20.2 |
| 18.9 |
| 16.7 |
| 18.2 |
| 16.1 |
| 14.0 |
| 10.8 |
| 11.1 |
| 10.2 |
| - |
| 8.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| (0.2) |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.2) |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.8 |
| 22.6 |
| 19.5 |
| 21.7 |
| 19.1 |
| 16.4 |
| 12.8 |
| 12.5 |
| 11.8 |
| - |
| 10.0 |
| - |
| - |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 1.1 |
| 0.9 |
| 0.9 |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| (0.3) |
| (0.1) |
| 0.2 |
| 0.2 |
| 2.6 |
| 0.6 |
| (0.1) |
| - |
| (0.3) |
| - |
| - |
| (15.8) |
| (12.9) |
| (10.1) |
| (12.9) |
| (12.4) |
| (9.3) |
| (3.8) |
| (11.9) |
| (7.1) |
| - |
| (4.2) |
| - |
| - |
| (13.0) |
| (10.2) |
| (13.0) |
| (12.5) |
| (9.3) |
| (3.9) |
| (11.9) |
| (7.2) |
| (4.7) |
| (4.3) |
| (5.6) |
| (6.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.0) |
| (10.2) |
| (13.0) |
| (12.5) |
| (9.3) |
| (3.9) |
| (11.9) |
| (7.2) |
| (4.7) |
| (4.3) |
| (5.6) |
| (6.1) |
| (15.8) |
| (13.0) |
| (10.2) |
| (13.0) |
| (12.5) |
| (9.3) |
| (3.9) |
| (11.9) |
| (7.2) |
| (4.7) |
| (4.3) |
| (5.6) |
| (6.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.6) |
| (15.8) |
| (13.0) |
| (10.2) |
| (13.0) |
| (12.5) |
| (9.3) |
| (3.9) |
| (11.9) |
| (7.2) |
| (4.7) |
| (4.3) |
| (5.6) |
| (6.1) |
| (0.28) |
| (0.36) |
| (0.35) |
| - |
| (1.37) |
| (6.15) |
| (3.76) |
| - |
| - |
| - |
| - |
| 36.4 |
| 36.0 |
| 35.4 |
| - |
| 2.8 |
| 1.9 |
| - |
| - |
| - |
| - |
| - |
| 36.4 |
| 36.0 |
| 35.4 |
| - |
| 2.8 |
| 1.9 |
| - |
| - |
| - |
| - |
| - |
| (12.7) |
| (12.5) |
| (9.4) |
| (5.3) |
| (11.5) |
| (6.1) |
| - |
| (3.6) |
| - |
| - |