| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||||
| Revenues | 10.1 | 11.4 | 10.1 | 9.7 | 9.8 | 12.1 | 9.2 | 7.5 | 3.8 | 4.8 | 5.1 | 6.0 | 3.4 | 4.0 | 4.0 | 3.7 | |||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 41.2 | 40.9 | 32.6 | 19.2 | 15.6 | 13.9 | 7.6 | 3.8 | 2.4 | 1.6 | 1.1 |
| Cost of Revenue | 14.0 | 14.0 | 9.4 | 6.1 | 5.3 | 3.5 | 2.6 | 1.4 | 0.7 | 0.5 | 0.3 |
| Gross Profit | 27.2 | 26.9 | 23.2 | 13.2 | 10.3 | 10.3 | 5.0 | 2.4 | 1.7 | 1.1 | 0.8 |
| Operating Expenses | |||||||||||
| Research & Development | 6.8 | 6.9 | 4.8 | 2.6 | 2.5 | 2.6 | 1.7 | 1.7 | 1.8 | 1.8 | 1.1 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (14.0) | (14.4) | (6.2) | (8.2) | (10.7) | (10.3) | (10.5) | (10.8) | (10.5) | (6.5) | (3.3) |
| Non-Operating | |||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | 0.6 | 0.5 | 0.4 | 0.2 | 0.1 | 0.1 | - | - | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (15.1) | (15.6) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.36) | (0.37) | (0.16) | (0.28) | (1.52) | (1.89) | - | - | - | - | - |
| EPS Diluted | (0.36) | (0.37) | (0.16) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | - | (13.5) | (6.0) | (8.1) | (10.5) | (10.1) | (10.4) | (10.7) | (10.5) | (6.5) | (3.3) |
| EBIT | (14.0) | (14.4) | (6.2) | ||||||||
| 3.9 |
| 4.0 |
| 4.4 |
| 3.1 |
| 2.3 |
| 3.8 |
| 1.9 |
| 0.9 |
| 1.0 |
| 1.5 |
| 0.6 |
| 0.9 |
| 0.8 |
| 0.9 |
| 0.6 |
| 0.6 |
| 0.3 |
| 0.5 |
| 0.5 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.3 |
| Cost of Revenue | 3.2 | 3.6 | 3.6 | 3.6 | 3.2 | 3.5 | 2.3 | 2.2 | 1.5 | 1.7 | 1.6 | 1.7 | 1.1 | 1.4 | 1.3 | 1.3 | 1.3 | 0.9 | 1.1 | 0.9 | 0.6 | 1.0 | 0.9 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Gross Profit | 6.9 | 7.8 | 6.4 | 6.1 | 6.6 | 8.6 | 6.9 | 5.3 | 2.3 | 3.1 | 3.5 | 4.3 | 2.3 | 2.6 | 2.6 | 2.4 | 2.6 | 3.1 | 3.3 | 2.2 | 1.7 | 2.8 | 1.1 | 0.4 | 0.7 | 1.1 | 0.3 | 0.5 | 0.5 | 0.7 | 0.4 | 0.4 | 0.2 | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.2 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||
| Research & Development | 1.6 | 1.6 | 1.5 | 2.0 | 1.8 | 1.6 | 1.2 | 1.0 | 1.0 | 0.9 | 0.7 | 0.6 | 0.5 | 0.5 | 0.7 | 0.6 | 0.7 | 0.8 | 0.6 | 0.6 | 0.5 | 0.4 | 0.3 | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.4 | 0.4 | 0.3 | 0.7 | 0.4 | 0.2 | 0.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | 4.7 | 4.8 | 4.8 | 4.5 | 4.4 | 4.8 | 4.7 | |||||||||||||||||||||||
| Selling & Marketing | 4.8 | 5.5 | 5.3 | 5.2 | 4.4 | 3.7 | 3.4 | 2.8 | 2.4 | 2.4 | 2.4 | 2.3 | 2.0 | - | - | - | - | ||||||||||||||||||||||
| General & Administrative | 3.6 | 3.4 | 3.2 | 3.4 | 3.9 | 3.6 | 3.3 | 2.7 | 2.9 | 2.3 | 2.4 | 2.5 | 2.5 | - | - | - | - | ||||||||||||||||||||||
| Depreciation & Amortization | 0.3 | - | - | - | 0.2 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | ||||||||||||||||||||||
| Total Operating Expenses | 10.1 | 10.6 | 10.0 | 10.6 | 10.1 | 8.9 | 7.9 | 6.4 | 6.2 | 5.5 | 5.5 | 5.4 | 5.0 | 4.9 | 5.5 | 5.3 | |||||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Income | (3.2) | (2.8) | (3.5) | (4.6) | (3.5) | (0.2) | (1.0) | (1.1) | (3.9) | (2.4) | (2.0) | (1.1) | (2.7) | (2.2) | (2.8) | (2.9) | (2.7) | (2.7) | (2.0) | (2.6) | (2.9) | (1.7) | (2.5) | (2.8) | (3.4) | (2.6) | (2.8) | (2.7) | (2.7) | (2.7) | (2.7) | (2.7) | (2.4) | (1.8) | (1.4) | (1.9) | (1.4) | (0.9) | (0.7) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Non-Operating Income | 0.3 | (1.0) | (0.0) | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) | 0.0 | ||||||||||||||||||||||
| Pre-Tax Income | (2.8) | (3.7) | (3.5) | (4.5) | (3.3) | (0.2) | (0.9) | (1.0) | (3.8) | (2.4) | (2.0) | (1.0) | (2.6) | (2.2) | (2.8) | (2.9) | |||||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | (0.0) | 0.0 | (0.0) | 0.0 | (0.0) | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (3.0) | (3.8) | (3.7) | (4.6) | (3.5) | (0.3) | (1.0) | (1.1) | (3.8) | (2.5) | (2.0) | (1.0) | (2.6) | (2.2) | (2.8) | (2.9) | (2.8) | ||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income | (3.0) | (3.8) | (3.7) | (4.6) | (3.5) | (0.3) | (1.0) | (1.1) | (3.8) | (2.5) | (2.0) | (1.0) | (2.6) | (2.2) | (2.8) | (2.9) | (2.8) | ||||||||||||||||||||||
| Net Income Attributable To Parent | (3.0) | (3.8) | (3.7) | (4.6) | (3.5) | (0.3) | (1.0) | (1.1) | (3.8) | (2.5) | (2.0) | (1.0) | (2.6) | (2.2) | (2.8) | (2.9) | |||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income To Common Shareholders | (3.0) | (3.8) | (3.7) | (4.6) | (3.5) | (0.3) | (1.0) | (1.1) | (3.8) | (2.5) | (2.0) | (1.0) | (2.6) | (2.2) | (2.8) | ||||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.07) | - | (0.09) | (0.11) | (0.08) | - | (0.03) | (0.03) | (0.10) | - | (0.06) | (0.04) | (0.11) | - | (0.40) | (0.42) | (0.41) | - | (0.36) | (0.46) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.07) | - | (0.09) | (0.11) | (0.08) | - | (0.03) | (0.03) | (0.10) | - | (0.06) | (0.04) | (0.11) | - | (0.40) | (0.42) | (0.41) | - | |||||||||||||||||||||
| Shares Basic | 42.3 | - | 42.2 | 41.6 | 41.5 | - | 38.0 | 37.4 | 36.8 | - | 35.3 | 28.0 | 24.2 | - | 7.1 | 6.9 | 6.9 | - | |||||||||||||||||||||
| Shares Diluted | 42.3 | - | 42.2 | 41.6 | 41.5 | - | 38.0 | 37.4 | 36.8 | - | 35.3 | 28.0 | 24.2 | - | 7.1 | 6.9 | 6.9 | - | |||||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EBITDA | (2.9) | - | - | - | (3.4) | - | - | - | (3.9) | - | - | - | (2.6) | - | - | - | (2.7) | - | - | - | (2.9) | - | - | - | (3.4) | - | - | - | (2.7) | - | - | - | (2.4) | - | - | - | (1.4) | - | - |
| EBIT | (3.2) | (2.8) | (3.5) | (4.6) | (3.5) | (0.2) | (1.0) | (1.1) | (3.9) | (2.4) | (2.0) | (1.1) | (2.7) | (2.2) | (2.8) | (2.9) | (2.7) | (2.7) | (2.0) | ||||||||||||||||||||
| - |
| 18.8 |
| 18.4 |
| 18.0 |
| 13.8 |
| 11.5 |
| 10.4 |
| 5.8 |
| 3.0 |
| Selling & Marketing | 20.8 | 20.4 | 12.2 | 9.0 | - | - | - | - | - | - | - |
| General & Administrative | 13.6 | 14.0 | 12.4 | 9.7 | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 0.9 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | 0.0 | (0.0) | (0.0) | (0.0) | - | - | - | - | - |
| Total Operating Expenses | 41.2 | 41.3 | 29.4 | 21.4 | 20.9 | 20.6 | 15.5 | 13.2 | 12.2 | 7.6 | 4.1 |
| - |
| - |
| - |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.5) | (0.7) | 0.4 | 0.2 | 0.0 | (0.0) | (1.1) | 0.1 | 0.2 | (5.5) | (0.3) |
| Pre-Tax Income | (14.6) | (15.1) | (5.8) | (8.0) | (10.7) | (10.3) | (11.6) | - | - | - | - |
| (6.2) |
| (8.1) |
| (10.7) |
| (10.4) |
| (11.6) |
| (10.7) |
| (10.3) |
| (12.1) |
| (3.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (15.1) | (15.6) | (6.2) | (8.1) | (10.7) | (10.4) | (11.6) | (10.7) | (10.3) | (12.1) | (3.6) |
| Net Income Attributable To Parent | (15.1) | (15.6) | (6.2) | (8.1) | (10.7) | (10.4) | (11.6) | (10.7) | (10.3) | (12.1) | (3.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | (11.5) | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (15.1) | (15.6) | (6.2) | (8.1) | (10.7) | (11.0) | (12.2) | (11.5) | (10.3) | (12.7) | (4.4) |
| (0.28) |
| (1.52) |
| (1.89) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 42.3 | 41.9 | 37.8 | 29.5 | 7.1 | 5.8 | - | - | - | - | - |
| Shares Diluted | 42.3 | 41.9 | 37.8 | 29.5 | 7.1 | 5.8 | - | - | - | - | - |
| (8.2) |
| (10.7) |
| (10.3) |
| (10.5) |
| (10.8) |
| (10.5) |
| (6.5) |
| (3.3) |
| 4.7 |
| 5.0 |
| 4.7 |
| 4.2 |
| 4.1 |
| 4.1 |
| 3.3 |
| 2.9 |
| 3.6 |
| 3.2 |
| 2.7 |
| 2.8 |
| 2.8 |
| 2.9 |
| 2.7 |
| 2.6 |
| 2.2 |
| 1.8 |
| 1.5 |
| 1.4 |
| 1.1 |
| 0.8 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.3 |
| 5.8 |
| 5.3 |
| 4.8 |
| 4.6 |
| 4.5 |
| 3.6 |
| 3.3 |
| 4.1 |
| 3.7 |
| 3.1 |
| 3.2 |
| 3.2 |
| 3.4 |
| 3.1 |
| 3.1 |
| 2.6 |
| 2.2 |
| 1.8 |
| 2.1 |
| 1.5 |
| 1.0 |
| 0.9 |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.2) |
| (0.4) |
| (0.4) |
| (0.2) |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.1) |
| 0.2 |
| (5.4) |
| (0.2) |
| 0.1 |
| 0.1 |
| (2.7) |
| (2.7) |
| (2.0) |
| (2.6) |
| (2.9) |
| (1.7) |
| (2.8) |
| (3.3) |
| (3.8) |
| - |
| (2.8) |
| (2.6) |
| (2.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.7) |
| (2.1) |
| (2.6) |
| (3.0) |
| (1.7) |
| (2.8) |
| (3.3) |
| (3.8) |
| (2.8) |
| (2.8) |
| (2.6) |
| (2.6) |
| (2.7) |
| (2.6) |
| (2.6) |
| (2.3) |
| (1.9) |
| (1.3) |
| (7.4) |
| (1.6) |
| (1.0) |
| (0.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.7) |
| (2.1) |
| (2.6) |
| (3.0) |
| (1.7) |
| (2.8) |
| (3.3) |
| (3.8) |
| (2.8) |
| (2.8) |
| (2.6) |
| (2.6) |
| (2.7) |
| (2.6) |
| (2.6) |
| (2.3) |
| (1.9) |
| (1.3) |
| (7.4) |
| (1.6) |
| (1.0) |
| (0.8) |
| (2.8) |
| (2.7) |
| (2.1) |
| (2.6) |
| (3.0) |
| (1.7) |
| (2.8) |
| (3.3) |
| (3.8) |
| (2.8) |
| (2.8) |
| (2.6) |
| (2.6) |
| (2.7) |
| (2.6) |
| (2.6) |
| (2.3) |
| (1.9) |
| (1.3) |
| (7.4) |
| (1.6) |
| (1.0) |
| (0.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.9) |
| (2.8) |
| (3.4) |
| (2.1) |
| (2.6) |
| (3.0) |
| (1.7) |
| (2.8) |
| (3.3) |
| (4.5) |
| (2.8) |
| (2.8) |
| (2.6) |
| (3.4) |
| (2.7) |
| (2.6) |
| (2.6) |
| (2.3) |
| (1.9) |
| (1.3) |
| (7.8) |
| (1.7) |
| (1.2) |
| (1.0) |
| (0.36) |
| (0.46) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.7 |
| 5.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.7 |
| 5.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.6) |
| (2.9) |
| (1.7) |
| (2.5) |
| (2.8) |
| (3.4) |
| (2.6) |
| (2.8) |
| (2.7) |
| (2.7) |
| (2.7) |
| (2.7) |
| (2.7) |
| (2.4) |
| (1.8) |
| (1.4) |
| (1.9) |
| (1.4) |
| (0.9) |
| (0.7) |