| (in millions of USD, except per-share data) | Q1 FY 27 | Q4 FY 26 | Q3 FY 26 | Q2 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | 94.2 | 86.8 | 81.3 | 73.4 | 66.3 | 61.6 | 61.3 | 61.1 | 60.4 | 58.9 | 55.4 | 53.8 | 52.7 | 53.0 | 49.7 | 48.5 | |||||
| (in millions of USD, except per-share data) | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 335.6 | 307.7 | 244.4 | 220.7 | 191.3 | 131.2 | 113.2 | 95.7 |
| Cost of Revenue | 149.3 | 135.2 | 104.6 | 107.7 | 97.2 | 83.0 | 87.4 | 102.4 |
| Gross Profit | 186.3 | 172.5 | 139.7 | 113.0 | 94.0 | 48.2 | 25.8 | (6.7) |
| Operating Expenses | ||||||||
| Research & Development | 117.1 | 106.7 | 101.0 | 116.3 | 110.9 | 66.7 | 43.8 | 37.9 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (107.2) | (95.1) | (116.1) | (169.7) | (175.7) | (128.1) | (87.4) | (106.5) |
| Non-Operating | ||||||||
| Interest Income | 17.6 | 14.3 | 10.3 | 15.4 | 7.7 | 0.0 | 0.1 | - |
| Interest Expense | - | 3.4 | 0.8 | 0.0 | 0.0 | 8.8 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 4.7 | 4.7 | 2.5 | 0.8 | 0.8 | 2.1 | 1.1 | 0.1 |
| Net Income From Continuing Ops | (373.1) | (246.9) | (123.2) | (140.5) | (162.0) | |||
| Per Share | ||||||||
| EPS Basic | (1.08) | (0.80) | (0.42) | (0.50) | (0.61) | (1.72) | (2.87) | (2.89) |
| EPS Diluted | (1.08) | (0.80) | (0.42) | (0.50) | (0.61) | (1.72) | ||
| Supplementary Data | ||||||||
| EBITDA | (65.3) | (53.2) | (70.5) | (122.1) | (132.3) | (83.0) | (25.2) | (28.8) |
| EBIT | (107.2) | (95.1) | (116.1) | (169.7) | (175.7) | (128.1) | ||
| 40.1 |
| - |
| 31.7 |
| 30.4 |
| 32.0 |
| Cost of Revenue | 43.7 | 39.8 | 34.7 | 31.1 | 29.7 | 23.3 | 23.7 | 28.8 | 28.8 | 26.4 | 29.4 | 27.5 | 24.6 | 23.9 | 24.7 | 25.0 | 23.6 | - | 20.8 | 19.8 | 19.1 |
| Gross Profit | 50.4 | 47.0 | 46.6 | 42.3 | 36.6 | 38.2 | 37.5 | 32.3 | 31.7 | 32.5 | 26.0 | 26.3 | 28.1 | 29.1 | 25.0 | 23.5 | 16.5 | - | 10.9 | 10.6 | 12.8 |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 33.4 | 32.2 | 27.3 | 24.2 | 23.1 | 23.0 | 25.2 | 27.3 | 25.6 | 28.4 | 33.0 | 26.7 | 28.2 | 31.8 | 27.6 | 26.7 | 24.8 | - | 15.0 | 12.4 | 12.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | 22.8 | 20.0 | 18.8 | 17.6 | 16.3 | 15.7 | 16.8 | 23.7 | 21.5 | 20.1 | 20.8 | 22.3 | 23.1 | 20.3 | 19.4 | 19.5 | 18.9 | ||||
| General & Administrative | 29.1 | 30.8 | 18.8 | 18.5 | 20.0 | 18.9 | 18.1 | 20.9 | 19.2 | 17.9 | 20.1 | 20.5 | 21.5 | 19.6 | 20.6 | 19.9 | 20.6 | ||||
| Depreciation & Amortization | 11.2 | 14.6 | 7.7 | 8.4 | 11.1 | 13.3 | 8.0 | 11.2 | 13.1 | 14.7 | 11.9 | 10.8 | 10.2 | 12.1 | 9.4 | 10.2 | |||||
| Amortization of Intangibles | 1.6 | 1.5 | 1.5 | 1.5 | 1.4 | 1.4 | 1.5 | 1.4 | 1.5 | 1.3 | 1.3 | 0.9 | 1.1 | 0.8 | 0.7 | 0.7 | 0.7 | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 85.3 | 83.0 | 64.9 | 60.2 | 59.4 | 57.6 | 60.1 | 71.9 | 66.3 | 66.4 | 73.9 | 69.6 | 72.8 | 71.7 | 67.6 | 66.1 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (34.9) | (36.0) | (18.3) | (18.0) | (22.8) | (19.4) | (22.6) | (39.6) | (34.6) | (33.9) | (47.9) | (43.3) | (44.7) | (42.7) | (42.6) | (42.6) | (47.7) | (120.6) | (28.3) | (24.3) | (18.3) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 5.2 | 5.9 | 4.4 | 2.2 | 1.9 | 2.0 | 2.4 | 2.8 | 3.1 | 3.7 | 3.4 | 3.8 | 4.5 | 3.4 | 2.9 | 1.3 | 0.1 | 0.0 | 0.0 | - | - |
| Interest Expense | 1.4 | - | 1.0 | - | 0.5 | - | 0.3 | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | (103.0) | (114.0) | (40.1) | (4.1) | 11.1 | (14.7) | 2.6 | 1.8 | 5.7 | 3.4 | 10.2 | 5.9 | 10.6 | 4.8 | 2.8 | 3.3 | 3.7 | ||||
| Pre-Tax Income | (137.9) | (150.0) | (58.4) | (22.1) | (11.7) | (34.1) | (20.1) | (37.8) | (28.9) | (30.5) | (37.6) | (37.4) | (34.1) | (37.9) | (39.8) | (39.4) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 1.0 | 2.4 | 0.8 | 0.5 | 0.9 | 1.1 | 0.0 | 0.9 | 0.4 | (0.4) | 0.4 | 0.6 | 0.3 | (0.1) | 0.4 | 0.2 | 0.3 | - | 0.4 | 0.2 | 0.3 |
| Net Income From Continuing Ops | (138.9) | (152.5) | (59.2) | (22.6) | (12.6) | (35.2) | (20.1) | (38.7) | (29.3) | (30.1) | (38.0) | (38.0) | (34.4) | (37.8) | (40.2) | (39.5) | (44.4) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (138.9) | (152.5) | (59.2) | (22.6) | (12.6) | (35.2) | (20.1) | (38.7) | (29.3) | (30.1) | (38.0) | (38.0) | (34.4) | (37.8) | (40.2) | (39.5) | (44.4) | ||||
| Net Income Attributable To Parent | (138.9) | (152.5) | (59.2) | (22.6) | (12.6) | (35.2) | (20.1) | (38.7) | (29.3) | (30.1) | (38.0) | (38.0) | (34.4) | (37.8) | (40.2) | (39.5) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (138.9) | (152.5) | (59.2) | (22.6) | (12.6) | (35.2) | (20.1) | (38.7) | (29.3) | (30.1) | (38.0) | (38.0) | (34.4) | (37.8) | (40.2) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.40) | - | (0.19) | (0.07) | (0.04) | - | (0.07) | (0.13) | (0.10) | - | (0.13) | (0.14) | (0.13) | - | (0.15) | (0.15) | (0.17) | - | (0.88) | (0.44) | (0.64) |
| EPS Diluted | (0.40) | - | (0.19) | (0.07) | (0.04) | - | (0.07) | (0.13) | (0.10) | - | (0.13) | (0.14) | (0.13) | - | (0.15) | (0.15) | (0.17) | - | |||
| Shares Basic | 345.5 | - | 309.2 | 304.1 | 300.3 | - | 293.3 | 290.4 | 288.3 | - | 284.2 | 275.1 | 272.3 | - | 267.9 | 266.2 | 264.1 | - | |||
| Shares Diluted | 345.5 | - | 309.2 | 304.1 | 300.3 | - | 293.3 | 290.4 | 288.3 | - | 284.2 | 275.1 | 272.3 | - | 267.9 | 266.2 | 264.1 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (23.7) | (21.4) | (10.6) | (9.6) | (11.7) | (6.0) | (14.6) | (28.4) | (21.5) | (19.2) | (36.0) | (32.5) | (34.4) | (30.6) | (33.2) | (32.4) | (36.1) | - | (18.7) | (15.3) | (6.8) |
| EBIT | (34.9) | (36.0) | (18.3) | (18.0) | (22.8) | (19.4) | (22.6) | (39.6) | (34.6) | (33.9) | (47.9) | (43.3) | (44.7) | (42.7) | (42.6) | (42.6) | (47.7) | (120.6) | (28.3) | ||
| - |
| - |
| - |
| Selling & Marketing | 79.1 | 72.7 | 77.7 | 86.3 | 78.0 | 52.9 | 37.3 | 34.9 |
| General & Administrative | 97.2 | 88.1 | 77.1 | 80.1 | 80.7 | 56.7 | 32.1 | 27.0 |
| Depreciation & Amortization | 41.9 | 41.8 | 45.6 | 47.6 | 43.3 | 45.0 | 62.2 | 77.6 |
| Amortization of Intangibles | 6.1 | 5.9 | 5.8 | 4.6 | 2.9 | 2.0 | 2.4 | 3.2 |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 293.5 | 267.6 | 255.8 | 282.7 | 269.7 | 176.3 | 113.2 | 99.8 |
| 9.4 |
| 6.9 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (261.2) | (147.1) | (4.6) | 30.1 | 14.6 | (7.0) | (38.6) | (17.1) |
| Pre-Tax Income | (368.4) | (242.2) | (120.7) | (139.7) | (161.1) | (135.0) | (126.0) | (123.6) |
| (137.1) |
| (127.1) |
| (123.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (373.1) | (246.9) | (123.2) | (140.5) | (162.0) | (137.1) | (127.1) | (123.7) |
| Net Income Attributable To Parent | (373.1) | (246.9) | (123.2) | (140.5) | (162.0) | (137.1) | (127.1) | (123.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (373.1) | (246.9) | (123.2) | (140.5) | (162.0) | (137.1) | (127.1) | (123.7) |
| (2.87) |
| (2.89) |
| Shares Basic | 345.5 | 307.8 | 292.1 | 279.6 | 267.1 | 79.6 | 44.2 | 42.9 |
| Shares Diluted | 345.5 | 307.8 | 292.1 | 279.6 | 267.1 | 79.6 | 44.2 | 42.9 |
| (87.4) |
| (106.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.4 |
| 10.6 |
| 10.7 |
| 49.4 |
| 11.8 |
| 11.8 |
| 8.3 |
| 11.6 |
| - |
| 9.6 |
| 9.0 |
| 11.5 |
| - |
| 0.5 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| 64.2 |
| - |
| 39.2 |
| 34.9 |
| 31.1 |
| 2.6 |
| 2.6 |
| 2.5 |
| - |
| - |
| - |
| - |
| 7.0 |
| (12.8) |
| 4.1 |
| (10.7) |
| (44.0) |
| - |
| (41.1) |
| (20.2) |
| (29.0) |
| (115.7) |
| (41.5) |
| (20.4) |
| (29.3) |
| - |
| - |
| - |
| - |
| (115.7) |
| (41.5) |
| (20.4) |
| (29.3) |
| (44.4) |
| (115.7) |
| (41.5) |
| (20.4) |
| (29.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (39.5) |
| (44.4) |
| (115.7) |
| (41.5) |
| (20.4) |
| (29.3) |
| (0.88) |
| (0.46) |
| (0.64) |
| 47.1 |
| 46.2 |
| 45.7 |
| 47.1 |
| 46.7 |
| 45.7 |
| (24.3) |
| (18.3) |