| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q1 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | 26.6 | 26.0 | 24.3 | 23.4 | 22.2 | 21.4 | 19.7 | 18.1 | 17.3 | 17.0 | 16.1 | 15.5 | 15.1 | 14.9 | 13.8 | 12.7 | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 100.3 | 95.8 | 76.4 | 63.7 | 53.3 | 39.9 | 24.4 | 11.3 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | 37.3 | 34.3 | 21.2 | 14.0 | 9.7 | 5.9 | 2.0 | 0.1 |
| Non-Operating | ||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 15.9 | 15.2 | 12.0 | 9.3 | 5.4 | 2.7 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
| Net Income From Continuing Ops | 20.3 | 18.1 | 8.3 | 4.6 | 4.7 | |||
| Per Share | ||||||||
| EPS Basic | 0.48 | 0.47 | 0.21 | 0.12 | 0.15 | 0.10 | (0.10) | (0.30) |
| EPS Diluted | 0.48 | 0.47 | 0.21 | 0.12 | 0.15 | 0.10 | ||
| Supplementary Data | ||||||||
| EBITDA | 62.1 | 58.3 | 43.4 | 33.7 | 27.4 | 19.9 | 11.2 | 3.9 |
| EBIT | 37.3 | 34.3 | 21.2 | 14.0 | 9.7 | 5.9 | 2.0 | |
| 11.9 |
| 11.1 |
| 10.5 |
| 9.4 |
| 8.8 |
| 7.4 |
| 6.3 |
| 5.6 |
| 5.2 |
| - |
| 3.0 |
| 2.4 |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| General & Administrative | 5.4 | 4.2 | 3.8 | 4.3 | 4.9 | 3.9 | 3.9 | 3.9 | 4.3 | 3.5 | 3.4 | 3.6 | 4.2 | 3.1 | 3.0 | 3.3 | 3.6 | |||||||||||||
| Depreciation & Amortization | 6.4 | 6.3 | 6.1 | 5.9 | 5.6 | 5.6 | 5.8 | 5.5 | 5.3 | 5.2 | 4.9 | 4.8 | 4.8 | 4.8 | 4.6 | 4.2 | ||||||||||||||
| Amortization of Intangibles | 1.7 | 1.8 | 1.8 | 1.8 | 1.7 | 1.8 | 2.0 | 2.0 | 1.8 | 1.8 | 1.7 | 1.8 | 1.8 | 1.7 | 1.8 | 1.7 | 1.8 | |||||||||||||
| Other Operating Expenses | 2.8 | 2.9 | 2.4 | 2.0 | 2.5 | 2.1 | 2.5 | 2.1 | 2.4 | 1.9 | 1.9 | 1.4 | 1.6 | 1.5 | 1.3 | 1.2 | 1.5 | |||||||||||||
| Total Operating Expenses | 17.4 | 15.8 | 15.2 | 14.6 | 15.8 | 14.5 | 14.9 | 13.9 | 14.2 | 13.0 | 12.3 | 11.8 | 12.6 | 11.4 | 10.9 | 10.5 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | 9.2 | 10.2 | 9.1 | 8.7 | 6.3 | 9.2 | 4.8 | 4.1 | 3.0 | 4.0 | 3.8 | 3.6 | 2.5 | 3.5 | 2.9 | 2.3 | 1.1 | 1.7 | 1.6 | 1.5 | 1.1 | 1.2 | 0.6 | 0.4 | (0.2) | - | (0.3) | 0.1 | - | - |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - | - |
| Interest Expense | 4.1 | 4.1 | 3.9 | 3.8 | 3.4 | 3.3 | 3.2 | 2.9 | 2.6 | 2.5 | 2.4 | 2.3 | 2.0 | 1.9 | 1.7 | 1.1 | 0.7 | 0.7 | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Non-Operating Income | - | - | - | - | 0.0 | (0.1) | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.3 | 0.0 | 0.2 | 0.5 | |||||||||||||
| Pre-Tax Income | 4.9 | 5.9 | 4.9 | 4.7 | 2.7 | 5.7 | 1.4 | 1.1 | 0.3 | 1.5 | 1.5 | 1.3 | 0.4 | 1.7 | 1.1 | 1.2 | 0.7 | |||||||||||||
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | (0.0) | 0.0 | - | - |
| Net Income From Continuing Ops | 4.8 | 5.9 | 4.9 | 4.7 | 2.7 | 5.7 | 1.3 | 1.0 | 0.3 | 1.5 | 1.4 | 1.3 | 0.4 | 1.7 | 1.2 | 1.2 | 0.7 | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income | 4.8 | 5.9 | 4.9 | 4.7 | 2.7 | 5.7 | 1.3 | 1.0 | 0.3 | 1.5 | 1.4 | 1.3 | 0.4 | 1.7 | 1.2 | 1.2 | 0.7 | |||||||||||||
| Net Income Attributable To Parent | 3.8 | 4.6 | 3.8 | 3.6 | 2.1 | 4.5 | 1.1 | 0.8 | 0.2 | 1.2 | 1.2 | 1.0 | 0.3 | 1.4 | 0.9 | 1.0 | ||||||||||||||
| Less: Minority Interest | 1.0 | - | - | - | 0.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | 3.1 | 3.9 | 3.2 | 2.9 | 1.5 | 3.9 | 0.7 | 0.4 | (0.2) | 0.8 | 0.8 | 0.7 | 0.0 | 1.1 | 0.7 | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | 0.11 | - | 0.13 | 0.12 | 0.06 | - | 0.03 | 0.02 | (0.01) | - | 0.04 | 0.03 | 0.00 | - | 0.04 | 0.04 | 0.02 | - | 0.03 | 0.04 | 0.00 | - | (0.01) | (0.05) | (0.14) | - | (0.06) | (0.08) | - | - |
| EPS Diluted | 0.11 | - | 0.13 | 0.12 | 0.06 | - | 0.03 | 0.02 | (0.01) | - | 0.04 | 0.03 | 0.00 | - | 0.04 | 0.04 | 0.02 | - | ||||||||||||
| Shares Basic | 27.1 | - | 24.6 | 23.5 | 23.2 | - | 22.7 | 22.3 | 22.0 | - | 20.3 | 19.5 | 19.3 | - | 18.6 | 18.4 | 18.4 | - | ||||||||||||
| Shares Diluted | 27.3 | - | 24.6 | 23.5 | 23.2 | - | 22.7 | 22.3 | 22.0 | - | 20.3 | 19.5 | 19.3 | - | 18.6 | 18.4 | 18.4 | - | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | 15.6 | 16.5 | 15.3 | 14.6 | 11.9 | 14.9 | 10.5 | 9.6 | 8.3 | 9.2 | 8.7 | 8.4 | 7.4 | 8.2 | 7.6 | 6.5 | 5.2 | 5.6 | 5.3 | 4.8 | 4.3 | 3.7 | 3.0 | 2.6 | 1.8 | - | 0.7 | 0.9 | - | - |
| EBIT | 9.2 | 10.2 | 9.1 | 8.7 | 6.3 | 9.2 | 4.8 | 4.1 | 3.0 | 4.0 | 3.8 | 3.6 | 2.5 | 3.5 | 2.9 | 2.3 | 1.1 | 1.7 | 1.6 | |||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 17.6 | 17.2 | 16.0 | 14.7 | 13.1 | 10.6 | 8.2 | 4.8 |
| Depreciation & Amortization | 24.8 | 24.0 | 22.2 | 19.7 | 17.7 | 14.0 | 9.2 | 3.8 |
| Amortization of Intangibles | 7.1 | 7.1 | 7.6 | 7.1 | 7.0 | 6.3 | 4.7 | 2.1 |
| Other Operating Expenses | 10.1 | 9.7 | 9.1 | 6.8 | 5.6 | 4.0 | 1.9 | 1.2 |
| Total Operating Expenses | 63.0 | 61.4 | 57.6 | 49.7 | 43.6 | 34.0 | 22.4 | 11.2 |
| 2.3 |
| 1.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | 0.0 | 0.0 | 0.7 | 1.0 | 0.4 | 0.2 | - |
| Pre-Tax Income | 20.3 | 18.1 | 8.4 | 4.7 | 4.8 | 2.7 | (0.6) | (1.5) |
| 2.6 |
| (0.6) |
| (1.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 20.3 | 18.1 | 8.3 | 4.6 | 4.7 | 2.6 | (0.6) | (1.5) |
| Net Income Attributable To Parent | 15.9 | 14.1 | 6.6 | 3.7 | 3.9 | 2.1 | (0.4) | (1.5) |
| Less: Minority Interest | - | 3.9 | 1.7 | 0.9 | 0.9 | 0.5 | (0.3) | (0.5) |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 13.1 | 11.5 | 4.8 | 2.3 | 2.9 | 1.4 | (0.7) | (1.5) |
| (0.10) |
| - |
| Shares Basic | 27.1 | 24.3 | 22.6 | 20.1 | 18.5 | 13.7 | 7.0 | - |
| Shares Diluted | 27.3 | 24.3 | 22.6 | 20.1 | 18.5 | 13.7 | 7.0 | - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.8 |
| 2.6 |
| 2.7 |
| 2.6 |
| 2.0 |
| 2.0 |
| 1.9 |
| 2.3 |
| - |
| 1.6 |
| 1.0 |
| - |
| - |
| 4.1 |
| 3.9 |
| 3.7 |
| 3.2 |
| 3.2 |
| 2.6 |
| 2.4 |
| 2.2 |
| 2.0 |
| - |
| 1.1 |
| 0.8 |
| - |
| - |
| 1.7 |
| 1.7 |
| 1.5 |
| 1.4 |
| 1.3 |
| 1.2 |
| 1.1 |
| 1.1 |
| - |
| - |
| - |
| - |
| - |
| 1.3 |
| 1.0 |
| 0.8 |
| 0.9 |
| 0.7 |
| 0.5 |
| 0.4 |
| 0.4 |
| - |
| 0.3 |
| 0.2 |
| - |
| - |
| 10.9 |
| 9.4 |
| 8.9 |
| 7.9 |
| 7.7 |
| 6.2 |
| 5.7 |
| 5.2 |
| 5.4 |
| - |
| 3.4 |
| 2.3 |
| - |
| - |
| 0.7 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.7 |
| - |
| 0.0 |
| 0.2 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| 0.7 |
| 0.9 |
| 0.1 |
| 0.7 |
| 0.0 |
| (0.2) |
| (1.0) |
| - |
| (0.4) |
| (0.3) |
| - |
| - |
| 0.9 |
| 0.7 |
| 0.8 |
| 0.1 |
| 0.6 |
| (0.0) |
| (0.2) |
| (1.0) |
| (1.1) |
| (0.4) |
| (0.3) |
| 0.3 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.9 |
| 0.7 |
| 0.8 |
| 0.1 |
| 0.6 |
| (0.0) |
| (0.2) |
| (1.0) |
| (1.1) |
| (0.4) |
| (0.3) |
| 0.3 |
| 0.1 |
| 0.6 |
| 0.8 |
| 0.5 |
| 0.7 |
| 0.1 |
| 0.8 |
| (0.0) |
| (0.2) |
| (1.0) |
| (1.1) |
| (0.3) |
| (0.4) |
| 0.3 |
| 0.1 |
| - |
| - |
| - |
| (0.7) |
| 0.0 |
| 0.1 |
| 0.4 |
| - |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.4 |
| 0.6 |
| 0.4 |
| 0.5 |
| (0.0) |
| 0.3 |
| (0.1) |
| (0.2) |
| (0.7) |
| (1.1) |
| (0.3) |
| (0.4) |
| 0.3 |
| 0.1 |
| 0.03 |
| 0.04 |
| 0.00 |
| - |
| (0.01) |
| (0.05) |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.4 |
| 13.1 |
| 12.4 |
| - |
| 8.4 |
| 5.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.4 |
| 13.1 |
| 12.4 |
| - |
| 8.4 |
| 5.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.5 |
| 1.1 |
| 1.2 |
| 0.6 |
| 0.4 |
| (0.2) |
| - |
| (0.3) |
| 0.1 |
| - |
| - |