| (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 | 83.1 | 76.4 | 83.3 | 79.2 | 69.2 | 68.2 | 58.4 | 53.4 | 44.5 | 43.6 | 35.1 | 33.1 | 24.4 | 23.8 | 20.3 | 16.7 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 322.0 | 308.1 | 224.5 | 136.2 | 75.0 | 34.5 | 7.7 |
| Cost of Revenue | 116.0 | 111.8 | 87.4 | 65.1 | 37.9 | 18.6 | 9.0 |
| Gross Profit | 206.0 | 196.2 | 137.1 | 71.0 | 37.1 | 15.9 | (1.3) |
| Operating Expenses | |||||||
| Research & Development | 76.3 | 71.3 | 62.3 | 48.4 | 29.0 | 19.0 | 16.3 |
| Selling General & Administrative | 238.7 | 228.8 | 171.4 | 131.8 | 88.8 | ||
| Operating Income | |||||||
| Operating Income | (109.0) | (103.9) | (96.6) | (109.2) | (80.7) | (54.2) | (47.8) |
| Non-Operating | |||||||
| Interest Income | - | 12.2 | 10.9 | 7.6 | 2.5 | 0.1 | 0.2 |
| Interest Expense | 3.5 | 3.6 | 4.2 | 4.0 | 5.2 | 5.8 | 5.3 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.2 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (102.5) | (95.6) | (91.4) | (105.9) | (87.2) | (59.9) | |
| Per Share | |||||||
| EPS Basic | (1.81) | (1.72) | (1.75) | (2.24) | (1.96) | (3.63) | (14.47) |
| EPS Diluted | (1.81) | (1.72) | (1.75) | (2.24) | (1.96) | (3.63) | (14.47) |
| Supplementary Data | |||||||
| EBITDA | - | (97.5) | (91.4) | (105.4) | (77.9) | (50.8) | (44.9) |
| EBIT | (109.0) | (103.9) | (96.6) | (109.2) | (80.7) | (54.2) | (47.8) |
| 14.2 |
| 10.1 |
| 8.7 |
| 8.5 |
| 7.2 |
| - |
| 2.1 |
| - |
| - |
| Cost of Revenue | 29.2 | 30.1 | 29.3 | 27.4 | 25.0 | 24.6 | 21.5 | 21.9 | 19.5 | 22.3 | 16.2 | 14.7 | 11.9 | 13.1 | 10.1 | 8.2 | 6.5 | 5.6 | 4.4 | 4.9 | 3.7 | - | 2.1 | - | - |
| Gross Profit | 53.9 | 46.3 | 54.0 | 51.7 | 44.2 | 43.7 | 36.9 | 31.5 | 25.0 | 21.3 | 18.9 | 18.4 | 12.5 | 10.7 | 10.2 | 8.5 | 7.7 | 4.5 | 4.2 | 3.6 | 3.5 | - | (0.0) | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 21.5 | 19.1 | 18.2 | 17.6 | 16.4 | 15.1 | 16.6 | 17.5 | 13.1 | 14.5 | 11.6 | 11.6 | 10.7 | 9.7 | 7.6 | 6.7 | 5.0 | 5.1 | 4.9 | 4.5 | 4.5 | - | 3.9 | - | - |
| Selling General & Administrative | 65.1 | 58.3 | 59.0 | 56.3 | 55.2 | 48.3 | 42.7 | 40.8 | 39.6 | 36.3 | 32.9 | 32.4 | 30.1 | 26.0 | 24.8 | 19.7 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 1.7 | - | - | - | 1.5 | - | - | - | 1.2 | - | - | - | 0.8 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.1 | 0.1 | 0.1 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 86.6 | 77.4 | 77.2 | 73.9 | 71.6 | 63.4 | 59.3 | 58.3 | 52.7 | 50.8 | 44.5 | 44.1 | 40.9 | 35.7 | 32.3 | 26.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (32.6) | (31.0) | (23.2) | (22.2) | (27.4) | (19.7) | (22.4) | (26.8) | (27.6) | (29.6) | (25.6) | (25.6) | (28.4) | (25.0) | (22.1) | (17.9) | (15.7) | (16.8) | (12.8) | (13.2) | (11.3) | - | (11.0) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | 0.0 | - | 0.0 | - | 0.0 | - | - |
| Interest Expense | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 1.1 | 1.0 | 1.0 | 1.1 | 1.0 | 1.0 | 0.9 | 0.9 | 1.5 | 1.4 | 1.4 | 1.4 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.1) | ||||||||
| Pre-Tax Income | (31.7) | - | - | - | (24.8) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.0) | - | - | - | (0.0) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (31.6) | (29.8) | (21.4) | (19.6) | (24.7) | (18.9) | (21.0) | (25.6) | (26.0) | (27.5) | (24.6) | (25.3) | (28.5) | (28.2) | (22.6) | (19.2) | (17.2) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (31.6) | (29.8) | (21.4) | (19.6) | (24.7) | (18.9) | (21.0) | (25.6) | (26.0) | (27.5) | (24.6) | (25.3) | (28.5) | (28.2) | (22.6) | (19.2) | (17.2) | ||||||||
| Net Income Attributable To Parent | (31.6) | (29.8) | (21.4) | (19.6) | (24.7) | (18.9) | (21.0) | (25.6) | (26.0) | (27.5) | (24.6) | (25.3) | (28.5) | (28.2) | (22.6) | (19.2) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (31.6) | (29.8) | (21.4) | (19.6) | (24.7) | (18.9) | (21.0) | (25.6) | (26.0) | (27.5) | (24.6) | (25.3) | (28.5) | (28.2) | (22.6) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.56) | - | (0.38) | (0.35) | (0.45) | - | (0.40) | (0.50) | (0.51) | - | (0.51) | (0.56) | (0.63) | - | (0.51) | (0.43) | (0.39) | - | (1.22) | (2.60) | (2.65) | - | (2.77) | - | - |
| EPS Diluted | (0.56) | - | (0.38) | (0.35) | (0.45) | - | (0.40) | (0.50) | (0.51) | - | (0.51) | (0.56) | (0.63) | - | (0.51) | (0.43) | (0.39) | - | |||||||
| Shares Basic | 56.5 | - | 55.7 | 55.4 | 54.9 | - | 52.0 | 51.6 | 51.0 | - | 48.3 | 45.2 | 45.1 | - | 44.6 | 44.3 | 43.9 | - | |||||||
| Shares Diluted | 56.5 | - | 55.7 | 55.4 | 54.9 | - | 52.0 | 51.6 | 51.0 | - | 48.3 | 45.2 | 45.1 | - | 44.6 | 44.3 | 43.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (30.9) | - | - | - | (26.0) | - | - | - | (26.5) | - | - | - | (27.6) | - | - | - | (14.9) | - | - | - | (10.4) | - | - | - | - |
| EBIT | (32.6) | (31.0) | (23.2) | (22.2) | (27.4) | (19.7) | (22.4) | (26.8) | (27.6) | (29.6) | (25.6) | (25.6) | (28.4) | (25.0) | (22.1) | (17.9) | (15.7) | (16.8) | (12.8) | ||||||
| 51.0 |
| 30.3 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 6.4 | 5.2 | 3.8 | 2.8 | 3.3 | 2.9 |
| Amortization of Intangibles | - | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 315.0 | 300.1 | 233.7 | 180.2 | 117.8 | 70.0 | 46.5 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | (0.2) | (1.0) | (0.1) | (0.2) | (0.2) | (0.0) |
| Pre-Tax Income | - | (95.4) | (91.0) | (105.8) | - | - | - |
| (53.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (102.5) | (95.6) | (91.4) | (105.9) | (87.2) | (59.9) | (53.0) |
| Net Income Attributable To Parent | (102.5) | (95.6) | (91.4) | (105.9) | (87.2) | (59.9) | (53.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (102.5) | (95.6) | (91.4) | (105.9) | (87.2) | (59.9) | (53.0) |
| Shares Basic | 56.5 | 55.5 | 52.1 | 47.3 | 44.4 | 16.5 | 3.7 |
| Shares Diluted | 56.5 | 55.5 | 52.1 | 47.3 | 44.4 | 16.5 | 3.7 |
| 18.4 |
| 16.3 |
| 12.1 |
| 12.3 |
| 10.3 |
| - |
| 7.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| - |
| - |
| - |
| 0.9 |
| - |
| - |
| - |
| - |
| (0.1) |
| 0.2 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.4 |
| 21.3 |
| 17.0 |
| 16.8 |
| 14.9 |
| - |
| 10.9 |
| - |
| - |
| 1.5 |
| 1.4 |
| 1.5 |
| - |
| 1.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| - |
| (0.0) |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.3) |
| (14.1) |
| (14.6) |
| (12.8) |
| (15.3) |
| (12.0) |
| (12.6) |
| (13.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.3) |
| (14.1) |
| (14.6) |
| (12.8) |
| (15.3) |
| (12.0) |
| (12.6) |
| (13.1) |
| (17.2) |
| (18.3) |
| (14.1) |
| (14.6) |
| (12.8) |
| (15.3) |
| (12.0) |
| (12.6) |
| (13.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.2) |
| (17.2) |
| (18.3) |
| (14.1) |
| (14.6) |
| (12.8) |
| (15.3) |
| (12.0) |
| (12.6) |
| (13.1) |
| (1.22) |
| (2.60) |
| (2.65) |
| - |
| (2.77) |
| - |
| - |
| 11.6 |
| 5.6 |
| 4.8 |
| - |
| 4.3 |
| - |
| - |
| 11.6 |
| 5.6 |
| 4.8 |
| - |
| 4.3 |
| - |
| - |
| (13.2) |
| (11.3) |
| - |
| (11.0) |
| - |
| - |