| (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 | 121.1 | 140.3 | 118.1 | 119.3 | 104.7 | 100.4 | 111.2 | 110.8 | 115.4 | 114.6 | 129.6 | 98.8 | 87.4 | 64.1 | 77.4 | 70.9 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 498.8 | 482.4 | 437.8 | 430.3 | 275.9 | 192.4 | 72.3 | 77.6 |
| Cost of Revenue | 133.4 | 142.4 | 235.9 | 229.4 | 107.6 | 58.7 | 17.6 | 21.5 |
| Gross Profit | 365.4 | 340.0 | 201.9 | 200.9 | 168.4 | 133.7 | 54.7 | 56.1 |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | 49.7 | 36.6 | (64.6) | (190.4) | (177.0) | (83.4) | (42.2) | (88.1) |
| Non-Operating | ||||||||
| Interest Income | 1.5 | 1.6 | 1.7 | 3.9 | 0.7 | 0.0 | - | - |
| Interest Expense | 54.9 | 51.6 | 42.5 | 31.8 | 8.7 | 5.8 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 12.3 | 11.4 | 2.1 | 0.6 | 0.8 | (10.3) | (1.7) | 0.1 |
| Net Income From Continuing Ops | 13.5 | 15.3 | (32.8) | (133.9) | (156.6) | |||
| Per Share | ||||||||
| EPS Basic | (0.16) | (0.03) | (0.33) | (1.39) | (1.61) | (1.14) | (1.96) | (3.31) |
| EPS Diluted | (0.16) | (0.03) | (0.33) | (1.39) | (1.61) | (1.14) | ||
| Supplementary Data | ||||||||
| EBITDA | - | 61.0 | (39.0) | (165.9) | (149.1) | (67.0) | (35.6) | (80.7) |
| EBIT | 49.7 | 36.6 | (64.6) | (190.4) | (177.0) | (83.4) | ||
| 63.6 |
| 51.6 |
| 62.8 |
| 51.3 |
| 26.7 |
| 18.6 |
| 21.5 |
| 17.1 |
| 15.1 |
| Cost of Revenue | 30.3 | 28.6 | 31.1 | 43.4 | 39.3 | 14.0 | 49.5 | 94.0 | 78.4 | 43.8 | 53.0 | 81.3 | 51.3 | 20.2 | 32.9 | 29.3 | 25.2 | 14.1 | 19.2 | 19.5 | 5.9 | 4.3 | 5.4 | 3.8 | 4.1 |
| Gross Profit | 90.8 | 111.7 | 86.9 | 75.9 | 65.4 | 86.3 | 61.7 | 16.8 | 37.1 | 70.8 | 76.6 | 17.4 | 36.1 | 43.9 | 44.4 | 41.7 | 38.4 | 37.4 | 43.6 | 31.8 | 20.8 | 14.3 | 16.1 | 13.3 | 11.0 |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 40.1 | 53.0 | 30.2 | 26.9 | 29.5 | 28.5 | 27.2 | 33.2 | 33.9 | 36.9 | 40.1 | 34.6 | 32.6 | 28.0 | 30.6 | 29.2 | 26.1 | ||||||||
| General & Administrative | 25.9 | 23.3 | 27.1 | 30.9 | 24.0 | 22.3 | 24.3 | 23.2 | 25.5 | 23.6 | 28.7 | 22.8 | 26.1 | 29.7 | 25.1 | 28.3 | 26.7 | ||||||||
| Depreciation & Amortization | 5.1 | - | - | - | 6.0 | 7.0 | 6.0 | 6.2 | 6.3 | 5.9 | 6.3 | 6.2 | 6.0 | 6.4 | 8.7 | 6.4 | |||||||||
| Amortization of Intangibles | 2.6 | 2.6 | 4.0 | 3.9 | 4.4 | 4.6 | 4.5 | 4.7 | 4.7 | 4.7 | 4.9 | 4.9 | 4.9 | 5.3 | 7.6 | 5.4 | 5.5 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | - | - | - | - | - | 75.3 | 113.7 | 163.3 | 150.1 | 107.2 | 129.4 | 258.2 | 125.9 | 97.9 | 160.3 | 102.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 11.8 | 16.5 | 16.3 | 5.0 | (1.3) | 25.1 | (2.5) | (52.5) | (34.7) | 7.4 | 0.2 | (159.4) | (38.5) | (33.8) | (82.9) | (31.7) | (28.7) | (18.2) | (12.6) | (22.9) | (29.6) | (20.0) | (3.8) | (5.0) | (13.4) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.6 | 1.2 | 1.4 | 0.7 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 14.6 | 14.3 | 14.0 | 12.1 | 11.2 | 10.8 | 10.6 | 10.3 | 10.8 | 10.6 | 10.3 | 8.8 | 2.2 | 2.2 | 2.2 | 1.9 | 2.4 | 1.5 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (8.1) | (4.9) | (13.0) | 2.1 | 5.9 | 6.8 | 16.7 | (11.2) | 21.5 | (9.3) | (5.8) | 72.5 | (0.3) | (1.1) | (1.6) | 4.8 | 19.2 | ||||||||
| Pre-Tax Income | 3.7 | 11.6 | 3.3 | 7.2 | 4.6 | 31.9 | 14.2 | (63.6) | (13.2) | (1.9) | (5.6) | (86.9) | (38.9) | (34.9) | (84.5) | (26.9) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 1.8 | 7.3 | 4.3 | (1.1) | 0.9 | 1.4 | (0.2) | 0.7 | 0.2 | 0.6 | 0.1 | 0.0 | (0.1) | 0.6 | (0.0) | 0.5 | (0.2) | (0.4) | (1.8) | (7.7) | (0.4) | (1.7) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 1.9 | 4.3 | (1.0) | 8.2 | 3.7 | 30.5 | 14.4 | (64.3) | (13.4) | (2.5) | (5.7) | (87.0) | (38.7) | (35.5) | (84.5) | (27.3) | (9.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | 1.9 | 4.3 | (1.0) | 8.2 | 3.7 | 30.5 | 14.4 | (64.3) | (13.4) | (2.5) | (5.7) | (87.0) | (38.7) | (35.5) | (84.5) | (27.3) | (9.3) | ||||||||
| Net Income Attributable To Parent | (4.7) | (3.5) | (10.9) | 2.6 | 8.4 | 30.5 | 14.4 | (64.3) | (13.4) | (2.5) | (5.7) | (87.0) | (38.7) | (35.5) | (84.5) | (27.3) | |||||||||
| Less: Minority Interest | 6.6 | 7.8 | 9.9 | 5.7 | (4.7) | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (4.7) | (3.5) | (10.9) | 2.6 | 8.4 | 30.5 | 14.4 | (64.3) | (13.4) | (2.5) | (5.7) | (87.0) | (38.7) | (35.5) | (84.5) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.04) | - | (0.10) | 0.03 | 0.08 | - | 0.14 | (0.65) | (0.14) | - | (0.06) | (0.91) | (0.41) | - | (0.86) | (0.28) | (0.10) | - | (0.05) | (0.17) | (0.76) | - | (0.25) | (0.18) | (0.53) |
| EPS Diluted | (0.04) | - | (0.10) | 0.00 | 0.07 | - | 0.12 | (0.65) | (0.14) | - | (0.06) | (0.91) | (0.41) | - | (0.86) | (0.28) | (0.10) | - | |||||||
| Shares Basic | 106.1 | - | 104.3 | 103.2 | 101.7 | - | 100.4 | 99.2 | 97.5 | - | 96.4 | 95.7 | 95.2 | - | 97.8 | 97.1 | 96.1 | - | |||||||
| Shares Diluted | 106.1 | - | 104.3 | 131.7 | 113.3 | - | 124.0 | 99.2 | 97.5 | - | 96.4 | 95.7 | 95.2 | - | 97.8 | 97.1 | 96.1 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | 16.9 | - | - | - | 4.7 | 32.0 | 3.5 | (46.3) | (28.4) | 13.3 | 6.5 | (153.2) | (32.5) | (27.4) | (74.2) | (25.3) | (22.2) | (12.6) | (8.2) | (19.0) | (27.2) | - | (0.7) | - | (11.6) |
| EBIT | 11.8 | 16.5 | 16.3 | 5.0 | (1.3) | 25.1 | (2.5) | (52.5) | (34.7) | 7.4 | 0.2 | (159.4) | (38.5) | (33.8) | (82.9) | (31.7) | (28.7) | (18.2) | (12.6) | ||||||
| - |
| - |
| - |
| Selling & Marketing | 150.1 | 139.6 | 122.9 | 144.3 | 113.8 | 84.3 | 41.7 | 56.2 |
| General & Administrative | 107.1 | 105.2 | 95.2 | 101.1 | 109.8 | 84.7 | 28.2 | 52.0 |
| Depreciation & Amortization | - | 24.5 | 25.5 | 24.4 | 27.9 | 16.4 | 6.6 | 7.4 |
| Amortization of Intangibles | 13.1 | 14.9 | 18.5 | 19.4 | 23.8 | 12.3 | 2.9 | 3.7 |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | 502.4 | 620.7 | 453.0 | 275.8 | 114.5 | 165.7 |
| 14.7 |
| 7.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (23.8) | (9.8) | 33.9 | 57.0 | 21.3 | (33.5) | (13.5) | (15.1) |
| Pre-Tax Income | 25.8 | 26.7 | (30.7) | (133.3) | (155.7) | (116.9) | (55.7) | (103.2) |
| (106.6) |
| (54.0) |
| (103.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 13.5 | 15.3 | (32.8) | (133.9) | (156.6) | (106.6) | (54.0) | (103.3) |
| Net Income Attributable To Parent | (16.5) | (3.4) | (32.8) | (133.9) | (156.6) | (106.6) | (54.0) | (103.3) |
| Less: Minority Interest | 30.0 | 18.7 | 0.0 | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (16.5) | (3.4) | (32.8) | (133.9) | (156.6) | (106.6) | (71.3) | (103.3) |
| (2.03) |
| (3.31) |
| Shares Basic | 106.1 | 103.7 | 99.6 | 96.1 | 97.4 | 93.9 | 36.3 | 31.2 |
| Shares Diluted | 106.1 | 103.7 | 99.6 | 96.1 | 97.4 | 93.9 | 36.4 | 31.2 |
| (42.2) |
| (88.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.6 |
| 22.9 |
| 23.1 |
| 14.6 |
| 11.2 |
| 8.8 |
| 8.8 |
| 12.9 |
| 18.1 |
| 22.0 |
| 20.6 |
| 24.0 |
| 12.7 |
| 5.5 |
| 5.9 |
| 4.2 |
| 6.5 |
| 5.6 |
| 4.4 |
| 3.9 |
| 2.5 |
| - |
| 3.1 |
| - |
| 1.8 |
| 5.3 |
| 3.0 |
| 2.7 |
| 1.3 |
| 0.8 |
| 0.7 |
| 0.7 |
| 0.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 92.2 |
| 69.8 |
| 75.4 |
| 74.3 |
| 56.4 |
| 38.6 |
| 25.4 |
| 22.1 |
| 28.5 |
| 1.9 |
| 1.2 |
| 1.2 |
| 4.4 |
| 4.0 |
| 3.3 |
| 3.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.3) |
| 5.7 |
| (1.1) |
| (35.8) |
| (2.2) |
| (5.1) |
| (1.3) |
| (5.0) |
| (9.5) |
| (20.5) |
| (6.9) |
| (24.0) |
| (65.5) |
| (22.2) |
| (8.9) |
| (6.3) |
| (18.3) |
| (20.1) |
| (5.1) |
| (16.3) |
| (65.1) |
| (32.3) |
| (3.1) |
| (0.2) |
| (18.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (20.1) |
| (5.1) |
| (16.3) |
| (65.1) |
| (32.3) |
| (3.1) |
| (0.2) |
| (18.4) |
| (9.3) |
| (20.1) |
| (5.1) |
| (16.3) |
| (65.1) |
| (20.5) |
| (8.9) |
| (6.3) |
| (18.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.3) |
| (9.3) |
| (20.1) |
| (5.1) |
| (16.3) |
| (65.1) |
| (37.8) |
| (8.9) |
| (6.3) |
| (18.4) |
| (0.08) |
| (0.17) |
| (0.76) |
| - |
| (0.25) |
| (0.18) |
| (0.53) |
| 96.8 |
| 95.2 |
| 85.3 |
| - |
| 35.8 |
| 35.5 |
| 35.0 |
| 97.5 |
| 95.2 |
| 85.3 |
| - |
| 35.8 |
| 35.5 |
| 35.0 |
| (22.9) |
| (29.6) |
| (20.0) |
| (3.8) |
| (5.0) |
| (13.4) |