| (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 | 21.1 | 23.0 | 22.9 | 19.7 | 16.3 | 6.8 | 7.0 | 7.4 | 6.6 | 5.7 | 6.2 | 6.1 | 5.2 | 4.9 | 4.1 | 3.8 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 86.6 | 81.8 | 27.8 | 23.2 | 15.0 | 7.2 | 3.6 |
| Cost of Revenue | 78.5 | 74.9 | 26.0 | 21.8 | 15.2 | 7.0 | 3.5 |
| Gross Profit | 8.1 | 6.9 | 1.8 | 1.4 | (0.2) | 0.2 | 0.0 |
| Operating Expenses | |||||||
| Research & Development | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (74.5) | (70.2) | (11.7) | (8.5) | (17.5) | (8.8) | (6.9) |
| Non-Operating | |||||||
| Interest Income | - | 0.0 | 0.3 | 0.0 | 0.1 | - | - |
| Interest Expense | 14.6 | 17.3 | 9.4 | 1.7 | 0.1 | 0.8 | 0.3 |
| Tax & Net | |||||||
| Income Tax Expense | - | - | - | - | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (90.0) | (88.2) | (21.4) | (10.5) | (17.5) | (9.4) | |
| Per Share | |||||||
| EPS Basic | (0.59) | (0.72) | (5.97) | (6.98) | (5.30) | (0.46) | - |
| EPS Diluted | (0.59) | (0.72) | (5.97) | (6.98) | (5.30) | - | - |
| Supplementary Data | |||||||
| EBITDA | (71.7) | (67.8) | (10.2) | (7.4) | (15.7) | (7.9) | (6.5) |
| EBIT | (74.5) | (70.2) | (11.7) | (8.5) | (17.5) | (8.8) | (6.9) |
| 2.3 |
| 2.0 |
| 1.9 |
| 1.9 |
| 1.5 |
| - |
| 1.1 |
| - |
| - |
| Cost of Revenue | 19.3 | 20.6 | 20.4 | 18.1 | 15.8 | 6.6 | 6.4 | 6.8 | 6.1 | 5.3 | 5.8 | 5.6 | 5.1 | 4.9 | 4.2 | 3.8 | 2.3 | 2.0 | 1.8 | 1.8 | 1.4 | - | 1.1 | - | - |
| Gross Profit | 1.7 | 2.4 | 2.4 | 1.6 | 0.5 | 0.2 | 0.6 | 0.6 | 0.5 | 0.4 | 0.3 | 0.5 | 0.2 | (0.1) | (0.1) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | - | 0.1 | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 10.7 | 17.6 | 10.9 | 31.8 | 5.5 | 4.1 | 3.2 | 2.8 | 1.9 | 2.5 | 1.7 | 2.4 | 2.2 | - | 3.5 | 3.4 | - | ||||||||
| Depreciation & Amortization | 1.1 | 0.7 | 0.5 | 0.6 | 0.6 | 0.7 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 1.0 | 0.2 | 0.2 | |||||||||
| Amortization of Intangibles | - | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 11.8 | (11.5) | 31.9 | 50.5 | 6.3 | (14.9) | 10.0 | 10.0 | 8.5 | 8.1 | 7.8 | 8.3 | 7.5 | 11.1 | 8.2 | 7.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (10.1) | (24.7) | (9.0) | (30.8) | (5.8) | (4.3) | (3.0) | (2.6) | (1.9) | (2.5) | (1.6) | (2.2) | (2.3) | (6.3) | (4.1) | (3.9) | (3.3) | (3.7) | (2.0) | (1.9) | (1.2) | - | (0.7) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.0 | - | 0.0 | 0.0 | - | - | 0.0 | - | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| Interest Expense | 0.7 | 5.2 | 4.4 | 4.3 | 3.3 | (1.2) | 6.8 | 3.1 | 0.7 | 0.7 | 0.6 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.7) | (3.5) | (6.0) | (5.4) | (3.2) | 1.8 | (7.6) | (3.0) | (0.8) | (1.0) | (0.6) | (0.3) | (0.0) | - | (0.0) | (0.0) | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | (2.3) | (6.3) | (4.1) | (3.9) | (3.3) | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.8) | (28.1) | (15.0) | (36.1) | (8.9) | (2.5) | (10.6) | (5.6) | (2.7) | (3.4) | (2.2) | (2.5) | (2.3) | (6.3) | (4.1) | (3.9) | (3.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (10.8) | (28.1) | (15.0) | (36.1) | (8.9) | (2.5) | (10.6) | (5.6) | (2.7) | (3.4) | (2.2) | (2.5) | (2.3) | (6.3) | (4.1) | (3.9) | (3.3) | ||||||||
| Net Income Attributable To Parent | (10.7) | (26.7) | (14.1) | (36.1) | (8.8) | (2.5) | (10.6) | (5.6) | (2.7) | (3.4) | (2.2) | (2.5) | (2.3) | (6.3) | (4.1) | (3.9) | |||||||||
| Less: Minority Interest | (0.0) | (1.5) | (0.7) | (0.0) | (0.2) | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (10.9) | (26.2) | (14.3) | (36.3) | (9.0) | (2.7) | (10.6) | (5.6) | (2.7) | (3.4) | (2.2) | (2.5) | (2.3) | (6.3) | (4.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.07) | - | (0.12) | (0.30) | (1.59) | - | (0.71) | (0.06) | (1.48) | - | (1.46) | (1.78) | (0.70) | - | (1.23) | (1.18) | (0.98) | - | (0.13) | (0.11) | (0.08) | - | - | - | - |
| EPS Diluted | (0.07) | - | (0.12) | (0.30) | (1.59) | - | (0.71) | (0.06) | (1.48) | - | (1.46) | (1.78) | (0.70) | - | (1.23) | (1.18) | - | - | |||||||
| Shares Basic | 149.3 | - | 125.2 | 119.1 | 5.6 | - | 15.0 | 100.2 | 1.8 | - | 1.5 | 1.4 | 3.3 | - | 3.3 | 3.3 | 3.3 | - | |||||||
| Shares Diluted | 149.3 | - | 125.2 | 119.1 | 5.6 | - | 15.0 | 100.2 | 1.8 | - | 1.5 | 1.4 | 3.3 | - | 3.3 | 3.3 | - | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (9.0) | (24.0) | (8.5) | (30.2) | (5.2) | (3.5) | (2.7) | (2.3) | (1.6) | (2.2) | (1.3) | (1.9) | (2.0) | (5.3) | (3.8) | (3.6) | (2.9) | (3.4) | (1.8) | (1.7) | (1.1) | - | (0.6) | - | - |
| EBIT | (10.1) | (24.7) | (9.0) | (30.8) | (5.8) | (4.3) | (3.0) | (2.6) | (1.9) | (2.5) | (1.6) | (2.2) | (2.3) | (6.3) | (4.1) | (3.9) | (3.3) | (3.7) | (2.0) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 71.1 | 65.9 | 12.0 | 8.8 | 15.5 | - | - |
| Depreciation & Amortization | 2.9 | 2.4 | 1.5 | 1.1 | 1.8 | 0.9 | 0.5 |
| Amortization of Intangibles | - | 0.4 | 0.4 | - | 0.5 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 82.6 | 77.1 | 13.5 | 31.7 | 32.5 | 16.0 | 10.5 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (15.5) | (18.0) | (9.7) | (1.9) | (0.0) | - | - |
| Pre-Tax Income | - | - | - | - | (17.5) | (9.4) | (7.3) |
| (7.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (90.0) | (88.2) | (21.4) | (10.5) | (17.5) | (9.4) | (7.3) |
| Net Income Attributable To Parent | (87.7) | (85.7) | (21.4) | (10.5) | (17.5) | (9.4) | (7.3) |
| Less: Minority Interest | (2.3) | (2.4) | - | - | - | - | - |
| Less: Preferred Dividends | - | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Net Income To Common Shareholders | (87.7) | (85.7) | (21.7) | (10.5) | (17.5) | (9.4) | (7.3) |
| Shares Basic | 149.3 | 122.1 | 3.6 | 1.5 | 3.3 | 20.2 | - |
| Shares Diluted | 149.3 | 122.1 | 3.6 | 1.5 | 3.3 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.6 |
| 5.7 |
| 3.9 |
| 3.7 |
| 2.8 |
| - |
| 1.8 |
| - |
| - |
| 0.5 |
| 0.1 |
| 0.1 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.7) |
| (2.4) |
| (2.0) |
| (1.3) |
| - |
| (0.7) |
| - |
| - |
| (3.7) |
| (2.4) |
| (2.0) |
| (1.3) |
| (4.2) |
| (0.7) |
| (2.0) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.7) |
| (2.4) |
| (2.0) |
| (1.3) |
| (4.2) |
| (0.7) |
| (2.0) |
| (0.4) |
| (3.3) |
| (3.7) |
| (2.4) |
| (2.0) |
| (1.3) |
| (4.2) |
| (0.7) |
| (2.0) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.9) |
| (3.3) |
| (3.7) |
| (2.4) |
| (2.0) |
| (1.3) |
| (4.2) |
| (0.7) |
| (2.0) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.6 |
| 17.9 |
| 17.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.9) |
| (1.2) |
| - |
| (0.7) |
| - |
| - |