| (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 | 13.4 | 17.4 | 14.0 | 13.0 | 11.8 | 14.3 | 14.5 | 11.5 | 7.4 | 14.4 | 14.3 | 12.1 | 9.5 | 11.6 | 15.8 | 11.1 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 57.8 | 56.2 | 47.7 | 50.2 | 46.9 | 42.2 | 26.9 |
| Cost of Revenue | 28.0 | 27.8 | 23.2 | 24.9 | 20.8 | 19.0 | 12.0 |
| Gross Profit | 29.8 | 28.4 | 24.5 | 25.3 | 26.0 | 23.2 | 14.9 |
| Operating Expenses | |||||||
| Research & Development | 15.2 | 15.6 | 15.0 | 21.9 | 17.5 | 13.1 | 8.2 |
| Selling General & Administrative | 38.2 | 38.5 | 39.5 | 46.1 | 43.9 | ||
| Operating Income | |||||||
| Operating Income | (41.3) | (39.4) | (57.4) | (42.8) | (35.4) | (22.1) | (5.8) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | 0.2 | 0.1 | 0.5 | 1.0 |
| Tax & Net | |||||||
| Income Tax Expense | - | (0.1) | (0.3) | (0.2) | 0.0 | - | - |
| Net Income From Continuing Ops | (35.4) | (33.3) | (53.1) | (36.4) | (33.6) | (22.2) | |
| Per Share | |||||||
| EPS Basic | (0.98) | 0.54 | (2.12) | (1.13) | (1.07) | (0.79) | (2.35) |
| EPS Diluted | (0.98) | 0.54 | (2.12) | (1.13) | (1.07) | (0.79) | (2.35) |
| Supplementary Data | |||||||
| EBITDA | - | (35.0) | (52.7) | (40.4) | (33.8) | (21.1) | (5.0) |
| EBIT | (41.3) | (39.4) | (57.4) | (42.8) | (35.4) | (22.1) | (5.8) |
| 8.3 |
| 15.8 |
| 12.5 |
| 8.3 |
| 5.5 |
| 5.7 |
| 6.0 |
| 11.1 |
| 4.0 |
| Cost of Revenue | 6.5 | 8.2 | 6.7 | 6.7 | 6.2 | 7.7 | 6.7 | 5.3 | 3.5 | 7.1 | 6.4 | 6.3 | 5.1 | 5.7 | 6.5 | 4.5 | 4.2 | 6.7 | 5.7 | 3.9 | 2.6 | 3.1 | 2.2 | 4.7 | 1.9 |
| Gross Profit | 6.9 | 9.2 | 7.4 | 6.4 | 5.5 | 6.7 | 7.8 | 6.2 | 3.9 | 7.3 | 7.9 | 5.8 | 4.4 | 5.9 | 9.3 | 6.6 | 4.1 | 9.1 | 6.8 | 4.4 | 2.9 | 2.6 | 3.8 | 6.4 | 2.1 |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 3.5 | 3.5 | 3.8 | 4.4 | 3.8 | 3.9 | 4.2 | 3.6 | 3.3 | 5.4 | 5.5 | 5.5 | 5.4 | 4.7 | 4.7 | 4.3 | 3.9 | 3.7 | 3.3 | 3.1 | 3.0 | 2.3 | 2.0 | 1.8 | 2.2 |
| Selling General & Administrative | 9.9 | 8.8 | 9.1 | 10.3 | 10.2 | 10.5 | 9.7 | 11.1 | 8.2 | 11.5 | 11.3 | 11.2 | 12.0 | 11.6 | 11.8 | 10.7 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 1.1 | - | 0.4 | - | 1.3 | - | 0.3 | - | 1.3 | - | - | - | 0.6 | - | - | - | |||||||||
| Amortization of Intangibles | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.5 | 0.7 | 0.5 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | - | 0.1 | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 19.8 | 6.1 | 23.7 | 21.5 | 16.6 | 23.4 | 32.3 | 14.7 | 11.5 | 17.0 | 17.0 | 16.7 | 17.4 | 16.3 | 16.5 | 15.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (12.9) | 3.1 | (16.3) | (15.2) | (11.0) | (16.7) | (24.5) | (8.5) | (7.6) | (9.7) | (9.1) | (10.9) | (13.0) | (10.3) | (7.2) | (8.4) | (9.5) | (3.5) | (5.3) | (7.5) | (5.8) | (3.9) | (1.3) | 2.1 | (2.8) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | (0.4) | - | 0.6 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.9 | 1.1 | 1.4 | 2.3 | 1.2 | 0.7 | 0.8 | 1.0 | 1.7 | 2.2 | 1.9 | 1.5 | 0.5 | 0.5 | 0.9 | 0.3 | 0.1 | ||||||||
| Pre-Tax Income | - | - | (14.9) | (12.8) | - | (10.9) | (23.6) | (7.6) | (11.0) | (7.5) | (7.2) | (9.4) | (12.5) | - | (6.3) | (8.1) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | 0.0 | 0.1 | - | (0.1) | (0.1) | (0.1) | (0.1) | - | (0.1) | (0.1) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (12.0) | 4.4 | (14.9) | (12.9) | (9.8) | (16.0) | (23.6) | (7.6) | (5.9) | (7.4) | (7.1) | (9.3) | (12.5) | (9.8) | (6.3) | (8.1) | (9.4) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (12.0) | 4.2 | (15.0) | (13.3) | 43.6 | (19.4) | (29.3) | (12.5) | (10.9) | (7.4) | (7.1) | (9.3) | (12.5) | (9.8) | (6.3) | (8.1) | (9.4) | ||||||||
| Net Income Attributable To Parent | (12.0) | 4.2 | (15.0) | (13.3) | 43.6 | (19.4) | (29.3) | (12.5) | (10.9) | (7.4) | (7.1) | (9.3) | (12.5) | (9.8) | (6.3) | (8.1) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (12.0) | 4.2 | (15.0) | (13.3) | 43.6 | (19.4) | (29.3) | (12.5) | (10.9) | (7.4) | (7.1) | (9.3) | (12.5) | (9.8) | (6.3) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.32) | - | (0.41) | (0.37) | 1.23 | - | (0.84) | (0.37) | (0.33) | - | (0.22) | (0.29) | (0.39) | - | (0.20) | (0.26) | (0.30) | - | (0.19) | (0.27) | (0.22) | - | (0.35) | 0.11 | (0.60) |
| EPS Diluted | (0.32) | - | (0.41) | (0.37) | 1.23 | - | (0.84) | (0.37) | (0.33) | - | (0.22) | (0.29) | (0.39) | - | (0.20) | (0.26) | (0.30) | - | |||||||
| Shares Basic | 36.8 | - | 36.1 | 35.9 | 35.4 | - | 34.7 | 34.1 | 32.7 | - | 32.3 | 32.2 | 32.0 | - | 31.6 | 31.4 | 31.2 | - | |||||||
| Shares Diluted | 36.8 | - | 36.1 | 35.9 | 35.4 | - | 34.7 | 34.1 | 32.7 | - | 32.3 | 32.2 | 32.0 | - | 31.6 | 31.4 | 31.2 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (11.7) | - | (15.9) | - | (9.7) | - | (24.2) | - | (6.3) | - | - | - | (12.4) | - | - | - | (9.3) | - | - | - | (5.7) | - | - | - | (2.6) |
| EBIT | (12.9) | 3.1 | (16.3) | (15.2) | (11.0) | (16.7) | (24.5) | (8.5) | (7.6) | (9.7) | (9.1) | (10.9) | (13.0) | (10.3) | (7.2) | (8.4) | (9.5) | (3.5) | (5.3) | ||||||
| 32.2 |
| 12.5 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 4.5 | 4.7 | 2.4 | 1.6 | 0.9 | 0.8 |
| Amortization of Intangibles | 2.9 | 2.9 | 1.9 | 0.9 | 0.3 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 71.0 | 67.8 | 81.9 | 68.1 | 61.4 | 45.3 | 20.7 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.8 | 6.1 | 4.3 | 6.1 | 1.8 | (0.1) | (7.0) |
| Pre-Tax Income | - | (33.3) | (53.1) | (36.6) | (33.6) | - | - |
| (12.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (36.1) | 19.5 | (72.2) | (36.4) | (33.6) | (22.2) | (12.8) |
| Net Income Attributable To Parent | (36.1) | 19.5 | (72.2) | (36.4) | (33.6) | (22.2) | (12.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (36.1) | 19.5 | (72.2) | (36.4) | (33.6) | (22.2) | (12.9) |
| Shares Basic | 36.8 | 35.9 | 34.1 | 32.2 | 31.5 | 28.0 | 5.5 |
| Shares Diluted | 36.8 | 35.9 | 34.1 | 32.2 | 31.5 | 28.0 | 5.5 |
| 9.7 |
| 8.9 |
| 8.8 |
| 8.8 |
| 5.8 |
| 4.2 |
| 3.2 |
| 2.4 |
| 2.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.7 |
| 12.7 |
| 12.1 |
| 11.8 |
| 8.7 |
| 6.5 |
| 5.1 |
| 4.3 |
| 4.9 |
| 0.0 |
| 0.0 |
| 0.4 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| (0.3) |
| (6.3) |
| (0.4) |
| (0.0) |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.5) |
| (5.2) |
| (7.4) |
| (6.1) |
| (10.2) |
| (1.7) |
| 2.1 |
| (3.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.5) |
| (5.2) |
| (7.4) |
| (6.1) |
| (10.2) |
| (1.7) |
| 2.1 |
| (3.0) |
| (9.4) |
| (3.5) |
| (5.2) |
| (7.4) |
| (6.1) |
| (10.2) |
| (1.7) |
| 2.1 |
| (3.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.1) |
| (9.4) |
| (3.5) |
| (5.2) |
| (7.4) |
| (6.1) |
| (8.7) |
| (1.7) |
| 0.5 |
| (3.0) |
| (0.19) |
| (0.27) |
| (0.22) |
| - |
| (0.34) |
| 0.10 |
| (0.60) |
| 27.7 |
| 27.3 |
| 27.3 |
| - |
| 5.0 |
| 5.0 |
| 5.0 |
| 27.7 |
| 27.3 |
| 27.3 |
| - |
| - |
| 5.6 |
| - |
| (7.5) |
| (5.8) |
| (3.9) |
| (1.3) |
| 2.1 |
| (2.8) |