| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 144.8 | 134.3 | 144.3 | 132.3 | 135.6 | 121.3 | 135.4 | 163.6 | 161.3 | 148.6 | 158.2 | 139.0 | 142.6 | 128.5 | 136.3 | 138.3 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 555.7 | 546.5 | 581.6 | 588.4 | 539.4 | 454.8 | 357.6 | 519.7 | 354.5 | 313.3 |
| Cost of Revenue | 506.0 | 492.5 | 510.5 | 518.7 | 478.3 | 403.5 | 326.1 | 461.0 | 303.9 | 278.6 |
| Gross Profit | 49.6 | 54.0 | 71.1 | 69.7 | 61.1 | 51.4 | 31.5 | 58.7 | 50.6 | 34.7 |
| Operating Expenses | ||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (13.1) | (3.8) | 44.6 | 20.2 | 25.8 | (7.4) | (6.5) | (2.0) | 22.2 | 9.4 |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 12.3 | 10.2 | 11.0 | 11.1 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | (9.2) | (5.9) | 7.6 | 1.0 | 3.7 | (1.9) | (2.1) | (4.1) | (0.5) | 0.0 |
| Net Income From Continuing Ops | (16.3) | (8.1) | 26.0 | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.80) | (0.40) | 1.26 | 0.38 | 0.92 | (0.37) | (0.36) | (0.27) | - | - |
| EPS Diluted | (0.80) | (0.40) | 1.24 | 0.38 | ||||||
| Supplementary Data | ||||||||||
| EBITDA | 18.5 | 27.7 | 75.2 | 47.5 | 48.1 | 13.7 | 14.9 | 20.3 | 38.5 | 26.4 |
| EBIT | (13.1) | (3.8) | 44.6 | 20.2 | ||||||
| 136.3 |
| 113.0 |
| 109.0 |
| 120.2 |
| 112.6 |
| 95.3 |
| 91.1 |
| 62.6 |
| 108.6 |
| 102.3 |
| 128.5 |
| 145.1 |
| 143.7 |
| 91.4 |
| 84.3 |
| 91.5 |
| 87.2 |
| Cost of Revenue | 133.8 | 125.1 | 128.4 | 118.7 | 120.3 | 110.5 | 118.3 | 141.4 | 140.3 | 130.4 | 139.2 | 122.9 | 126.3 | 116.1 | 120.8 | 120.1 | 121.4 | 103.6 | 98.1 | 103.9 | 97.8 | 84.3 | 81.3 | 63.7 | 96.8 | 98.3 | 113.9 | 124.6 | 124.2 | 81.0 | 71.5 | 76.0 | 75.4 |
| Gross Profit | 11.0 | 9.1 | 15.9 | 13.6 | 15.3 | 10.8 | 17.1 | 22.3 | 20.9 | 18.2 | 19.0 | 16.1 | 16.4 | 12.5 | 15.5 | 18.3 | 14.9 | 9.4 | 10.9 | 16.3 | 14.8 | 11.1 | 9.7 | (1.2) | 11.8 | 4.0 | 14.6 | 20.5 | 19.6 | 10.4 | 12.8 | 15.5 | 11.8 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Depreciation & Amortization | 7.8 | 7.9 | 8.0 | 7.9 | 7.8 | 7.7 | 7.7 | 7.7 | 7.5 | 7.5 | 7.4 | 6.3 | 6.1 | 6.0 | 5.4 | 5.5 | |||||||||||||||||
| Amortization of Intangibles | 3.1 | 3.1 | 3.1 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 2.1 | 2.2 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | 1.7 | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (7.7) | (5.5) | 0.0 | 0.1 | 1.6 | 23.0 | 5.7 | 8.2 | 7.6 | 5.4 | 5.9 | 4.3 | 4.7 | 2.8 | 8.9 | 8.5 | 5.6 | (17.1) | 0.9 | 4.8 | 4.1 | 0.6 | 0.3 | (8.9) | 1.6 | (4.6) | 13.2 | (16.7) | 6.1 | 1.6 | 5.7 | 9.5 | 5.4 |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 3.7 | 3.8 | 3.4 | 1.4 | 1.6 | 2.0 | 2.7 | 3.0 | 3.4 | 3.6 | 3.9 | 2.0 | 1.7 | 1.2 | 0.8 | 0.8 | 0.6 | 0.4 | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Pre-Tax Income | (11.5) | (9.4) | (3.4) | (1.3) | 0.0 | 21.0 | 3.1 | 5.2 | 4.3 | 1.8 | 2.0 | 2.1 | 3.0 | 1.6 | 8.1 | 7.7 | 5.0 | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | (3.3) | (5.0) | (0.7) | (0.2) | (0.0) | 5.1 | 0.1 | 1.4 | 1.0 | (0.4) | 0.6 | 0.5 | 0.4 | (0.8) | 1.5 | 1.8 | 1.2 | (4.0) | 0.1 | 1.0 | 1.0 | (1.0) | 0.7 | (2.5) | 0.7 | (3.9) | 2.5 | (3.5) | 0.8 | - | 0.0 | - | 0.0 |
| Net Income From Continuing Ops | (8.2) | (4.4) | (2.7) | (1.1) | 0.0 | 16.0 | 3.0 | 3.8 | 3.2 | 2.2 | 1.4 | 1.6 | 2.6 | 2.4 | 6.6 | 5.9 | 3.8 | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (8.2) | (4.4) | (2.7) | (1.1) | 0.0 | 16.0 | 3.0 | 3.8 | 3.2 | 2.2 | 1.4 | 1.6 | 2.6 | 2.4 | 6.6 | 5.9 | 3.8 | ||||||||||||||||
| Net Income Attributable To Parent | (8.2) | (4.4) | (2.7) | (1.1) | 0.0 | 16.0 | 3.0 | 3.8 | 3.2 | 2.2 | 1.4 | 1.6 | 2.6 | 2.4 | 6.6 | 5.9 | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (8.2) | (4.4) | (2.7) | (1.1) | 0.0 | 16.0 | 3.0 | 3.8 | 3.2 | 2.2 | 1.4 | 1.6 | 2.6 | 2.4 | 6.6 | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.40) | - | (0.13) | (0.05) | 0.00 | - | 0.14 | 0.18 | 0.16 | - | 0.07 | 0.08 | 0.13 | - | 0.32 | 0.29 | 0.19 | - | 0.01 | 0.16 | 0.13 | - | (0.05) | (0.35) | 0.00 | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.40) | - | (0.13) | (0.05) | 0.00 | - | 0.14 | 0.18 | 0.16 | - | 0.07 | 0.08 | 0.12 | - | 0.32 | 0.29 | 0.19 | - | |||||||||||||||
| Shares Basic | 20.4 | - | 20.4 | 20.5 | 20.5 | - | 20.7 | 20.6 | 20.5 | - | 20.4 | 20.5 | 20.3 | - | 20.4 | 20.6 | 20.4 | - | |||||||||||||||
| Shares Diluted | 20.4 | - | 20.7 | 20.7 | 20.8 | - | 21.1 | 21.0 | 20.7 | - | 20.6 | 20.8 | 20.7 | - | 20.4 | 20.7 | 20.5 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | 0.1 | 2.4 | 8.1 | 7.9 | 9.3 | 30.8 | 13.5 | 15.8 | 15.2 | 12.8 | 13.3 | 10.5 | 10.8 | 8.8 | 14.3 | 14.0 | 11.0 | (11.6) | 6.1 | 10.0 | 9.1 | - | - | - | 7.2 | - | - | - | 13.7 | - | - | - | 10.3 |
| EBIT | (7.7) | (5.5) | 0.0 | 0.1 | 1.6 | 23.0 | 5.7 | 8.2 | 7.6 | 5.4 | 5.9 | 4.3 | 4.7 | 2.8 | 8.9 | 8.5 | 5.6 | (17.1) | 0.9 | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 31.6 | 31.6 | 30.7 | 27.3 | 22.4 | 21.1 | 21.4 | 22.3 | 16.4 | 17.0 |
| Amortization of Intangibles | 11.1 | 9.7 | 6.9 | 7.7 | 7.0 | 10.7 | 10.7 | 10.7 | 4.1 | 3.8 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| 3.4 |
| 2.0 |
| 2.7 |
| 6.7 |
| 3.9 |
| 4.2 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | (25.6) | (14.1) | 33.6 | 8.9 | 22.4 | (9.4) | (9.2) | (8.8) | 17.5 | 5.2 |
| 7.8 |
| 18.7 |
| (7.5) |
| (7.1) |
| (4.8) |
| 17.9 |
| 5.2 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (16.3) | (8.1) | 26.0 | 7.8 | 18.7 | (7.5) | (7.1) | (4.8) | 17.9 | 5.2 |
| Net Income Attributable To Parent | (16.3) | (8.1) | 26.0 | 7.8 | 18.7 | (7.5) | (7.1) | (4.8) | 17.9 | 5.2 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (16.3) | (8.1) | 26.0 | 7.8 | 18.7 | (7.5) | (7.1) | (4.8) | 17.9 | 5.2 |
| 0.91 |
| (0.36) |
| (0.36) |
| (0.27) |
| - |
| - |
| Shares Basic | 20.4 | 20.5 | 20.6 | 20.4 | 20.4 | 20.4 | 19.9 | 17.4 | - | - |
| Shares Diluted | 20.4 | 20.5 | 21.0 | 20.7 | 20.7 | 20.8 | 19.9 | 17.4 | - | - |
| 25.8 |
| (7.4) |
| (6.5) |
| (2.0) |
| 22.2 |
| 9.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.5 |
| 5.6 |
| 5.3 |
| 5.2 |
| 5.1 |
| - |
| - |
| - |
| 5.6 |
| - |
| - |
| - |
| 7.7 |
| - |
| - |
| - |
| 5.0 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 2.7 |
| 1.3 |
| 0.9 |
| 0.9 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.8 |
| 0.9 |
| 1.0 |
| 2.0 |
| 2.8 |
| 1.3 |
| 0.8 |
| 0.9 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| (17.6) |
| 0.3 |
| 4.3 |
| 3.5 |
| (0.0) |
| (0.4) |
| (9.5) |
| 0.7 |
| (5.5) |
| 12.3 |
| (18.8) |
| 3.2 |
| 0.1 |
| 4.8 |
| 8.1 |
| 4.5 |
| (13.6) |
| 0.3 |
| 3.3 |
| 2.5 |
| 1.0 |
| (1.1) |
| (7.0) |
| 0.1 |
| (1.7) |
| 9.7 |
| (15.3) |
| 2.5 |
| 0.6 |
| 4.8 |
| 8.1 |
| 4.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.6) |
| 0.3 |
| 3.3 |
| 2.5 |
| 1.0 |
| (1.1) |
| (7.0) |
| 0.1 |
| (1.7) |
| 9.7 |
| (15.3) |
| 2.5 |
| 0.6 |
| 4.8 |
| 8.1 |
| 4.4 |
| 3.8 |
| (13.6) |
| 0.3 |
| 3.3 |
| 2.5 |
| 1.0 |
| (1.1) |
| (7.0) |
| 0.1 |
| (1.7) |
| 9.7 |
| (15.3) |
| 2.5 |
| 0.6 |
| 4.8 |
| 8.1 |
| 4.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.9 |
| 3.8 |
| (13.6) |
| 0.3 |
| 3.3 |
| 2.5 |
| 1.0 |
| (1.1) |
| (7.0) |
| 0.1 |
| (1.7) |
| 9.7 |
| (15.3) |
| 2.5 |
| 0.6 |
| 4.8 |
| 8.1 |
| 4.4 |
| 0.01 |
| 0.16 |
| 0.12 |
| - |
| (0.05) |
| (0.35) |
| 0.00 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.5 |
| 20.5 |
| 20.2 |
| - |
| 20.1 |
| 19.9 |
| 19.5 |
| - |
| - |
| 16.8 |
| - |
| - |
| - |
| 14.3 |
| - |
| 21.0 |
| 20.9 |
| 20.7 |
| - |
| 20.1 |
| 19.9 |
| 19.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.8 |
| 4.1 |
| 0.6 |
| 0.3 |
| (8.9) |
| 1.6 |
| (4.6) |
| 13.2 |
| (16.7) |
| 6.1 |
| 1.6 |
| 5.7 |
| 9.5 |
| 5.4 |