| (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 | 9.7 | 7.3 | 6.8 | 8.5 | 10.4 | 8.7 | 8.2 | 10.4 | 11.3 | 15.7 | 8.0 | 9.0 | 8.6 | 12.4 | 10.6 | 9.6 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 32.3 | 33.0 | 38.6 | 41.3 | 44.3 | 33.9 | 26.2 | 21.6 |
| Cost of Revenue | 6.3 | 6.2 | 7.1 | 4.7 | 5.1 | 3.6 | 2.8 | 2.5 |
| Gross Profit | 26.0 | 26.8 | 31.5 | 36.5 | 39.2 | 30.2 | 23.4 | 19.1 |
| Operating Expenses | ||||||||
| Research & Development | 18.8 | 20.8 | 22.2 | 23.8 | 19.5 | 15.4 | 17.7 | 17.6 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (45.8) | (51.9) | (51.2) | (48.3) | (27.4) | (18.2) | (11.1) | (12.4) |
| Non-Operating | ||||||||
| Interest Income | 6.7 | 7.3 | 10.1 | 10.4 | 3.9 | 0.2 | 0.1 | 0.2 |
| Interest Expense | - | - | - | - | - | 0.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (39.1) | (44.6) | (41.1) | (37.9) | (23.6) | |||
| Per Share | ||||||||
| EPS Basic | (0.37) | (0.42) | (0.39) | (0.37) | (0.23) | (0.21) | (0.17) | (0.23) |
| EPS Diluted | (0.37) | (0.42) | (0.39) | (0.37) | (0.23) | (0.21) | ||
| Supplementary Data | ||||||||
| EBITDA | (41.5) | (47.6) | (46.9) | (44.1) | (24.7) | (16.8) | (10.0) | (11.8) |
| EBIT | (45.8) | (51.9) | (51.2) | (48.3) | (27.4) | (18.2) | ||
| 11.6 |
| 10.2 |
| 10.1 |
| 7.1 |
| 6.5 |
| - |
| 6.8 |
| 5.2 |
| - |
| Cost of Revenue | 1.6 | 1.6 | 1.6 | 1.5 | 1.5 | 2.3 | 1.9 | 1.5 | 1.4 | 1.6 | 0.8 | 1.4 | 1.0 | 1.5 | 1.4 | 1.1 | 1.1 | 1.2 | 0.9 | 0.8 | 0.7 | - | 0.7 | 0.5 | - |
| Gross Profit | 8.1 | 5.7 | 5.2 | 7.0 | 8.9 | 6.4 | 6.2 | 8.9 | 9.9 | 14.1 | 7.2 | 7.7 | 7.6 | 10.9 | 9.3 | 8.5 | 10.5 | 8.9 | 9.2 | 6.3 | 5.8 | - | 6.0 | 4.7 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 3.9 | 3.3 | 5.3 | 6.3 | 5.9 | 4.6 | 5.3 | 5.6 | 6.7 | 5.8 | 6.3 | 5.7 | 6.0 | 5.7 | 5.3 | 4.7 | 3.8 | 3.4 | 2.7 | 3.2 | 6.1 | - | 4.5 | 4.1 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 3.4 | 3.5 | 3.9 | 5.8 | 5.7 | 6.5 | 6.2 | 6.6 | 7.4 | 7.2 | 7.0 | 6.4 | 6.3 | 5.4 | 4.5 | 4.9 | 3.8 | ||||||||
| General & Administrative | 6.0 | 5.5 | 6.0 | 8.1 | 8.5 | 7.2 | 7.7 | 7.6 | 7.1 | 8.1 | 6.8 | 7.7 | 7.5 | 5.6 | 6.4 | 7.1 | 6.6 | ||||||||
| Depreciation & Amortization | 1.0 | 1.1 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 0.9 | 0.7 | 0.5 | |||||||||
| Amortization of Intangibles | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 14.3 | 16.9 | 19.4 | 21.2 | 21.2 | 19.3 | 20.3 | 20.9 | 22.2 | 22.2 | 21.2 | 20.7 | 20.8 | 17.6 | 17.0 | 17.2 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (6.2) | (11.2) | (14.1) | (14.2) | (12.3) | (12.9) | (14.1) | (12.0) | (12.3) | (8.1) | (14.0) | (13.1) | (13.2) | (6.8) | (7.7) | (8.7) | (4.2) | (5.0) | (2.4) | (4.4) | (6.4) | - | (2.8) | (2.8) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 1.4 | 1.6 | 1.7 | 1.9 | 2.0 | 2.3 | 2.5 | 2.6 | 2.7 | 2.8 | 2.7 | 2.6 | 2.3 | 2.0 | 1.4 | 0.5 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 1.4 | 1.6 | 1.7 | 1.9 | 2.0 | 2.3 | 2.5 | 2.6 | 2.7 | 2.8 | 2.7 | 2.6 | 2.3 | 1.9 | 1.3 | 0.5 | 0.1 | ||||||||
| Pre-Tax Income | (4.8) | (9.6) | (12.4) | (12.4) | (10.3) | (10.6) | (11.6) | (9.4) | (9.5) | (5.3) | (11.3) | (10.5) | (10.9) | - | - | - | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (4.8) | (9.6) | (12.4) | (12.4) | (10.3) | (10.6) | (11.6) | (9.4) | (9.5) | (5.3) | (11.3) | (10.5) | (10.9) | (4.8) | (6.4) | (8.3) | (4.1) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (4.8) | (9.6) | (12.4) | (12.4) | (10.3) | (10.6) | (11.6) | (9.4) | (9.5) | (5.3) | (11.3) | (10.5) | (10.9) | (4.8) | (6.4) | (8.3) | (4.1) | ||||||||
| Net Income Attributable To Parent | (4.8) | (9.6) | (12.4) | (12.4) | (10.3) | (10.6) | (11.6) | (9.4) | (9.5) | (5.3) | (11.3) | (10.5) | (10.9) | (4.8) | (6.4) | (8.3) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (4.8) | (9.6) | (12.4) | (12.4) | (10.3) | (10.6) | (11.6) | (9.4) | (9.5) | (5.3) | (11.3) | (10.5) | (10.9) | (4.8) | (6.4) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.04) | - | (0.12) | (0.12) | (0.10) | - | (0.11) | (0.09) | (0.09) | - | (0.11) | (0.10) | (0.11) | - | (0.06) | (0.08) | (0.04) | - | (0.03) | (0.05) | (0.09) | - | (0.04) | (0.05) | - |
| EPS Diluted | (0.04) | - | (0.12) | (0.12) | (0.10) | - | (0.11) | (0.09) | - | - | (0.11) | (0.10) | (0.11) | - | (0.06) | (0.08) | (0.04) | - | |||||||
| Shares Basic | 106.9 | - | 106.6 | 106.4 | 106.0 | - | 105.1 | 104.6 | 104.1 | - | 103.4 | 103.1 | 102.8 | - | 101.8 | 101.4 | 101.3 | - | |||||||
| Shares Diluted | 106.9 | - | 106.6 | 106.4 | 106.0 | - | 105.1 | 104.6 | 104.1 | - | 103.4 | 103.1 | 102.8 | - | 101.8 | 101.4 | 101.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (5.1) | (10.1) | (13.1) | (13.1) | (11.2) | (11.8) | (13.0) | (10.9) | (11.2) | (7.0) | (12.9) | (12.0) | (12.2) | (5.8) | (7.0) | (8.2) | (3.7) | (4.5) | (2.1) | (4.1) | (6.1) | - | (2.6) | (2.6) | - |
| EBIT | (6.2) | (11.2) | (14.1) | (14.2) | (12.3) | (12.9) | (14.1) | (12.0) | (12.3) | (8.1) | (14.0) | (13.1) | (13.2) | (6.8) | (7.7) | (8.7) | (4.2) | (5.0) | (2.4) | ||||||
| - |
| - |
| - |
| Selling & Marketing | 16.7 | 18.9 | 26.7 | 27.0 | 18.7 | 13.0 | 8.3 | 7.9 |
| General & Administrative | 25.6 | 28.1 | 29.7 | 30.1 | 25.8 | 18.7 | 7.4 | 5.6 |
| Depreciation & Amortization | 4.3 | 4.3 | 4.3 | 4.2 | 2.7 | 1.4 | 1.0 | 0.6 |
| Amortization of Intangibles | 0.1 | 0.1 | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 71.8 | 78.7 | 82.7 | 84.8 | 66.5 | 48.4 | 34.5 | 31.5 |
| 0.0 |
| 0.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 6.7 | 7.3 | 10.1 | 10.4 | 3.8 | (0.9) | (0.8) | (0.5) |
| Pre-Tax Income | (39.1) | (44.6) | (41.1) | (37.9) | - | - | - | - |
| (19.1) |
| (11.8) |
| (12.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (39.1) | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) |
| Net Income Attributable To Parent | (39.1) | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (39.1) | (44.6) | (41.1) | (37.9) | (23.6) | (19.1) | (11.8) | (12.9) |
| (0.17) |
| (0.23) |
| Shares Basic | 106.9 | 106.4 | 104.8 | 103.3 | 101.7 | 90.6 | 69.5 | 56.4 |
| Shares Diluted | 106.9 | 106.4 | 104.8 | 103.3 | 101.7 | 90.6 | 69.5 | 56.4 |
| (11.1) |
| (12.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.1 |
| 3.2 |
| 2.9 |
| 2.8 |
| - |
| 2.0 |
| 1.8 |
| - |
| 6.0 |
| 5.3 |
| 4.3 |
| 3.0 |
| - |
| 2.3 |
| 1.6 |
| - |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.3 |
| - |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.7 |
| 13.9 |
| 11.6 |
| 10.7 |
| 12.2 |
| - |
| 8.9 |
| 7.5 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| (0.2) |
| (0.0) |
| (0.7) |
| - |
| (0.3) |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.9) |
| (2.7) |
| (4.4) |
| (7.1) |
| (2.7) |
| (3.1) |
| (3.0) |
| (3.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.9) |
| (2.7) |
| (4.4) |
| (7.1) |
| (2.7) |
| (3.1) |
| (3.0) |
| (3.1) |
| (4.1) |
| (4.9) |
| (2.7) |
| (4.4) |
| (7.1) |
| (2.7) |
| (3.1) |
| (3.0) |
| (3.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.3) |
| (4.1) |
| (4.9) |
| (2.7) |
| (4.4) |
| (7.1) |
| (2.7) |
| (3.1) |
| (3.0) |
| (3.1) |
| (0.03) |
| (0.05) |
| (0.09) |
| - |
| (0.04) |
| (0.05) |
| - |
| 95.7 |
| 84.7 |
| 81.0 |
| - |
| 77.1 |
| 65.8 |
| - |
| 84.7 |
| 84.7 |
| 81.0 |
| - |
| 77.1 |
| 65.8 |
| - |
| (4.4) |
| (6.4) |
| - |
| (2.8) |
| (2.8) |
| - |