| (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 | 22.1 | 26.6 | 27.4 | 23.5 | 22.5 | 21.5 | 21.1 | 19.3 | 18.1 | 18.0 | 16.4 | 16.5 | 14.5 | 12.8 | 11.2 | 10.2 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 99.5 | 100.0 | 79.9 | 65.4 | 45.5 | 45.2 | 41.1 |
| Cost of Revenue | 21.6 | 22.8 | 20.8 | 17.3 | 13.0 | 11.7 | 10.9 |
| Gross Profit | 77.9 | 77.2 | 59.1 | 48.1 | 32.5 | 33.4 | 30.3 |
| Operating Expenses | |||||||
| Research & Development | 27.6 | 27.9 | 23.7 | 20.8 | 21.9 | 18.2 | 15.7 |
| Selling General & Administrative | - | - | 57.1 | 54.5 | 51.3 | ||
| Operating Income | |||||||
| Operating Income | (16.8) | (16.3) | (21.7) | (27.2) | (40.8) | (23.7) | (13.1) |
| Non-Operating | |||||||
| Interest Income | 2.6 | 2.8 | 3.0 | 3.1 | 1.6 | 0.4 | 0.0 |
| Interest Expense | 6.8 | 7.5 | 8.8 | 8.5 | 7.5 | 7.4 | 11.5 |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | (21.6) | (21.5) | (27.1) | (33.0) | (47.1) | (36.1) | |
| Per Share | |||||||
| EPS Basic | (0.64) | (0.66) | (0.93) | (1.27) | (1.91) | (2.17) | (117.85) |
| EPS Diluted | (0.64) | (0.66) | (0.93) | (1.27) | (1.91) | (2.17) | (117.85) |
| Supplementary Data | |||||||
| EBITDA | (16.5) | (16.1) | (21.5) | (27.0) | (40.5) | (23.4) | (12.7) |
| EBIT | (16.8) | (16.3) | (21.7) | (27.2) | (40.8) | (23.7) | (13.1) |
| 11.4 |
| 11.0 |
| 10.3 |
| 12.6 |
| 11.2 |
| 10.8 |
| 12.8 |
| 7.6 |
| 10.0 |
| Cost of Revenue | 4.0 | 6.0 | 6.2 | 5.4 | 5.2 | 5.3 | 5.6 | 5.1 | 4.8 | 4.5 | 4.2 | 4.5 | 4.1 | 4.0 | 3.2 | 2.7 | 3.1 | 2.9 | 2.8 | 3.3 | 2.7 | 2.5 | 3.2 | 2.2 | 2.9 |
| Gross Profit | 18.0 | 20.6 | 21.2 | 18.1 | 17.3 | 16.2 | 15.4 | 14.1 | 13.3 | 13.5 | 12.2 | 12.0 | 10.4 | 8.8 | 8.0 | 7.5 | 8.3 | 8.1 | 7.5 | 9.4 | 8.5 | 8.2 | 9.6 | 5.4 | 7.1 |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 7.2 | 7.0 | 6.6 | 6.8 | 7.4 | 6.1 | 5.8 | 6.1 | 5.8 | 5.4 | 4.8 | 5.3 | 5.3 | 5.1 | 5.6 | 5.7 | 5.6 | 5.3 | 4.3 | 4.4 | 4.1 | 3.9 | 3.7 | 3.3 | 4.8 |
| Selling General & Administrative | - | - | - | - | 15.0 | 13.8 | 13.9 | 14.3 | 15.1 | 13.2 | 13.4 | 14.5 | 13.4 | 13.6 | 12.6 | 12.8 | |||||||||
| Selling & Marketing | 11.6 | 10.9 | 12.6 | 12.0 | 11.0 | - | 9.9 | 9.8 | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 4.8 | 4.4 | 4.6 | 6.1 | 4.0 | - | 4.0 | 4.5 | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 0.1 | (0.0) | 0.1 | 0.1 | 0.0 | (0.0) | 0.1 | 0.1 | 0.0 | (0.1) | 0.1 | 0.1 | 0.0 | (0.0) | 0.1 | 0.1 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 23.6 | 22.3 | 23.8 | 25.0 | 22.5 | 19.8 | 19.7 | 20.4 | 20.9 | 18.6 | 18.2 | 19.8 | 18.7 | 18.7 | 18.2 | 18.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (5.6) | (1.8) | (2.6) | (6.8) | (5.1) | (3.7) | (4.2) | (6.2) | (7.5) | (5.1) | (6.0) | (7.9) | (8.3) | (9.9) | (10.2) | (11.0) | (9.8) | (9.0) | (6.2) | (4.6) | (3.9) | (3.0) | (1.2) | (3.4) | (5.5) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.8 | 0.4 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | - | - | - | - |
| Interest Expense | 1.5 | 1.6 | 1.6 | 2.1 | 2.2 | 2.2 | 2.2 | 2.2 | 2.3 | 2.2 | 2.2 | 2.1 | 2.0 | 1.9 | 1.9 | 1.9 | 1.8 | 1.9 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.2) | 0.0 | 0.1 | (0.5) | (0.1) | (0.1) | 0.2 | 0.1 | 0.1 | 0.3 | 0.1 | 0.1 | (0.8) | (0.1) | (0.1) | (0.1) | (0.0) | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (6.7) | (2.7) | (3.5) | (8.7) | (6.6) | (5.3) | (5.5) | (7.5) | (8.9) | (6.2) | (7.3) | (9.1) | (10.4) | (11.1) | (11.8) | (12.7) | (11.5) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (6.7) | (2.7) | (3.5) | (8.7) | (6.6) | (5.3) | (5.5) | (7.5) | (8.9) | (6.2) | (7.3) | (9.1) | (10.4) | (11.1) | (11.8) | (12.7) | (11.5) | ||||||||
| Net Income Attributable To Parent | (6.7) | (2.7) | (3.5) | (8.7) | (6.6) | (5.3) | (5.5) | (7.5) | (8.9) | (6.2) | (7.3) | (9.1) | (10.4) | (11.1) | (11.8) | (12.7) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (6.7) | (2.7) | (3.5) | (8.7) | (6.6) | (5.3) | (5.5) | (7.5) | (8.9) | (6.2) | (7.3) | (9.1) | (10.4) | (11.1) | (11.8) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.20) | - | (0.11) | (0.26) | (0.21) | - | (0.19) | (0.26) | (0.32) | - | (0.28) | (0.36) | (0.41) | - | (0.48) | (0.52) | (0.47) | - | (0.34) | (0.48) | (32.73) | - | (19.26) | (43.44) | (33.32) |
| EPS Diluted | (0.20) | - | (0.11) | (0.26) | (0.21) | - | (0.19) | (0.26) | (0.32) | - | (0.28) | (0.36) | (0.41) | - | (0.48) | (0.52) | (0.47) | - | |||||||
| Shares Basic | 33.7 | - | 33.1 | 32.9 | 31.5 | - | 29.4 | 28.9 | 28.3 | - | 26.0 | 25.5 | 25.1 | - | 24.7 | 24.5 | 24.3 | - | |||||||
| Shares Diluted | 33.7 | - | 33.1 | 32.9 | 31.5 | - | 29.4 | 28.9 | 28.3 | - | 26.0 | 25.5 | 25.1 | - | 24.7 | 24.5 | 24.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (5.5) | (1.8) | (2.5) | (6.7) | (5.1) | (3.7) | (4.1) | (6.1) | (7.5) | (5.1) | (5.9) | (7.8) | (8.3) | (9.9) | (10.1) | (10.9) | (9.7) | (9.0) | (6.1) | (4.5) | (3.8) | (3.0) | (1.1) | (3.3) | (5.4) |
| EBIT | (5.6) | (1.8) | (2.6) | (6.8) | (5.1) | (3.7) | (4.2) | (6.2) | (7.5) | (5.1) | (6.0) | (7.9) | (8.3) | (9.9) | (10.2) | (11.0) | (9.8) | (9.0) | (6.2) | ||||||
| 39.0 |
| 27.6 |
| Selling & Marketing | 47.2 | 46.6 | 39.7 | - | - | - | - |
| General & Administrative | 19.9 | 19.1 | 17.4 | - | - | - | - |
| Depreciation & Amortization | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 94.7 | 93.6 | 80.8 | 75.3 | 73.3 | 57.2 | 43.3 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.6) | (0.5) | 0.3 | (0.3) | (0.3) | (5.4) | 0.2 |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (24.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (21.6) | (21.5) | (27.1) | (33.0) | (47.1) | (36.1) | (24.3) |
| Net Income Attributable To Parent | (21.6) | (21.5) | (27.1) | (33.0) | (47.1) | (36.1) | (24.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (21.6) | (21.5) | (27.1) | (33.0) | (47.1) | (36.1) | (24.1) |
| Shares Basic | 33.7 | 32.7 | 29.1 | 25.9 | 24.6 | 16.6 | 0.2 |
| Shares Diluted | 33.7 | 32.7 | 29.1 | 25.9 | 24.6 | 16.6 | 0.2 |
| 12.4 |
| 11.7 |
| 9.4 |
| 9.5 |
| 8.3 |
| 7.3 |
| 7.1 |
| 5.6 |
| 7.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.0 |
| 17.1 |
| 13.8 |
| 14.0 |
| 12.4 |
| 11.2 |
| 10.7 |
| 8.9 |
| 12.5 |
| 1.8 |
| 1.9 |
| 1.8 |
| 1.9 |
| 2.8 |
| 3.8 |
| 3.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.2) |
| (2.1) |
| (3.1) |
| 0.2 |
| (0.2) |
| (1.5) |
| 1.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.7) |
| (8.1) |
| (8.5) |
| (8.8) |
| (4.6) |
| (4.1) |
| (8.8) |
| (6.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.7) |
| (8.1) |
| (8.5) |
| (8.8) |
| (4.6) |
| (4.1) |
| (8.8) |
| (6.7) |
| (11.5) |
| (10.7) |
| (8.1) |
| (8.5) |
| (8.8) |
| (4.6) |
| (4.1) |
| (8.8) |
| (6.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.7) |
| (11.5) |
| (10.7) |
| (8.1) |
| (8.5) |
| (8.8) |
| (4.6) |
| (3.9) |
| (8.8) |
| (6.7) |
| (0.34) |
| (0.48) |
| (32.73) |
| - |
| (19.26) |
| (43.44) |
| (33.32) |
| 24.1 |
| 17.6 |
| 0.3 |
| - |
| 0.2 |
| 0.2 |
| 0.2 |
| 24.1 |
| 17.6 |
| 0.3 |
| - |
| 0.2 |
| 0.2 |
| 0.2 |
| (4.6) |
| (3.9) |
| (3.0) |
| (1.2) |
| (3.4) |
| (5.5) |