| (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 | 62.6 | 80.0 | 68.0 | 71.1 | 63.8 | 85.5 | 71.8 | 67.3 | 66.7 | 84.6 | 63.7 | 63.3 | 55.4 | 74.3 | 64.5 | 63.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 281.7 | 282.9 | 291.3 | 267.0 | 256.4 | 226.9 | 148.7 | 113.9 |
| Cost of Revenue | 103.6 | 103.1 | 101.0 | 99.2 | 81.5 | 58.3 | 41.2 | 36.1 |
| Gross Profit | 178.1 | 179.8 | 190.2 | 167.8 | 174.9 | 168.6 | 107.6 | 77.8 |
| Operating Expenses | ||||||||
| Research & Development | 33.0 | 33.8 | 33.3 | 26.7 | 20.8 | 15.9 | 12.3 | 12.5 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (20.6) | (17.3) | 3.9 | 2.0 | 40.5 | 58.8 | 31.8 | 8.5 |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | 2.2 | 0.3 | 0.5 | 1.3 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | (2.3) | (1.5) | 5.3 | 1.6 | 8.8 | 8.2 | 5.0 | 2.6 |
| Net Income From Continuing Ops | (17.5) | (14.5) | 12.5 | 8.9 | 28.7 | |||
| Per Share | ||||||||
| EPS Basic | (0.37) | (0.31) | 0.25 | 0.17 | 0.55 | 1.13 | 0.51 | 0.04 |
| EPS Diluted | (0.37) | (0.31) | 0.23 | 0.16 | 0.50 | 1.00 | ||
| Supplementary Data | ||||||||
| EBITDA | (3.9) | 1.7 | 28.7 | 30.5 | 64.1 | 74.5 | 47.5 | 15.4 |
| EBIT | (20.6) | (17.3) | 3.9 | 2.0 | 40.5 | 58.8 | 31.8 | |
| 54.6 |
| 75.6 |
| 58.1 |
| 49.7 |
| 43.6 |
| 56.2 |
| 37.8 |
| 26.4 |
| 28.3 |
| Cost of Revenue | 26.1 | 25.5 | 25.4 | 26.6 | 25.6 | 24.9 | 25.5 | 25.2 | 25.4 | 24.2 | 26.1 | 25.1 | 23.9 | 23.0 | 21.6 | 19.0 | 18.0 | 16.9 | 16.0 | 13.1 | 12.3 | 11.5 | 10.5 | 9.2 | 10.1 |
| Gross Profit | 36.5 | 54.6 | 42.6 | 44.5 | 38.2 | 60.6 | 46.3 | 42.1 | 41.3 | 60.4 | 37.6 | 38.3 | 31.5 | 51.3 | 42.9 | 44.1 | 36.6 | 58.7 | 42.1 | 36.6 | 31.3 | 44.8 | 27.3 | 17.2 | 18.3 |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 8.0 | 6.3 | 9.6 | 9.1 | 8.8 | 7.8 | 8.8 | 8.7 | 8.0 | 6.8 | 6.6 | 6.7 | 6.5 | 5.9 | 5.1 | 5.1 | 4.8 | 4.1 | 4.1 | 3.9 | 3.7 | 3.0 | 3.4 | 3.0 | 2.9 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 29.0 | 25.2 | 25.7 | 25.2 | 26.8 | 23.8 | 23.7 | 23.1 | 24.8 | 20.4 | 19.5 | 19.8 | 23.1 | 17.8 | 16.1 | 18.2 | 16.5 | ||||||||
| General & Administrative | 14.8 | 14.5 | 15.6 | 15.6 | 14.6 | 14.2 | 15.1 | 14.3 | 14.0 | 12.8 | 12.0 | 18.9 | 12.6 | 11.1 | 12.1 | 11.0 | 10.8 | ||||||||
| Depreciation & Amortization | 3.5 | 3.3 | 4.2 | 5.7 | 5.8 | 5.7 | 6.1 | 6.4 | 6.6 | 6.8 | 7.2 | 7.2 | 7.3 | 7.3 | 6.4 | 4.9 | |||||||||
| Amortization of Intangibles | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 1.3 | - | 0.1 | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 51.7 | 46.0 | 51.0 | 49.9 | 50.1 | 45.8 | 47.6 | 46.1 | 46.8 | 40.0 | 38.2 | 45.4 | 42.2 | 34.8 | 33.3 | 34.3 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (15.3) | 8.5 | (8.4) | (5.5) | (11.9) | 14.8 | (1.4) | (4.0) | (5.5) | 20.4 | (0.6) | (7.1) | (10.7) | 16.5 | 9.6 | 9.8 | 4.6 | 28.0 | 14.0 | 10.1 | 6.6 | 22.2 | 7.8 | 0.7 | 1.0 |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (1.1) | 5.2 | (0.9) | (2.0) | (1.0) | 10.5 | (0.9) | 4.0 | 0.3 | 8.9 | 0.2 | (0.2) | (0.5) | 0.3 | (4.9) | (0.0) | 1.6 | ||||||||
| Pre-Tax Income | (15.1) | 9.6 | (8.2) | (6.1) | (11.3) | 18.4 | (0.3) | 2.4 | (2.7) | 23.0 | 1.9 | (5.2) | (9.2) | 16.8 | 4.7 | 9.7 | 6.2 | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (2.6) | 2.9 | (1.7) | (0.9) | (1.8) | 4.5 | 0.6 | 0.4 | (0.2) | 4.3 | 0.1 | 0.5 | (3.4) | 4.0 | 1.4 | 1.9 | 1.4 | 5.5 | 0.8 | (0.0) | 1.9 | 2.9 | 1.6 | 0.1 | 0.4 |
| Net Income From Continuing Ops | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | 4.8 | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | 4.8 | ||||||||
| Net Income Attributable To Parent | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | 7.8 | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (12.5) | 6.7 | (6.5) | (5.2) | (9.5) | 13.9 | (0.9) | 2.0 | (2.5) | 18.7 | 1.8 | (5.7) | (5.9) | 12.8 | 3.3 | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.27) | - | (0.14) | (0.11) | (0.20) | - | (0.02) | 0.04 | (0.05) | - | 0.03 | (0.11) | (0.11) | - | 0.06 | 0.15 | 0.09 | - | 0.27 | 0.20 | 0.10 | - | 0.12 | 0.00 | 0.00 |
| EPS Diluted | (0.27) | - | (0.14) | (0.11) | (0.20) | - | (0.02) | 0.04 | (0.05) | - | 0.03 | (0.11) | (0.11) | - | 0.06 | 0.14 | 0.08 | - | |||||||
| Shares Basic | 47.1 | - | 45.9 | 47.2 | 48.3 | - | 49.1 | 49.8 | 50.0 | - | 51.6 | 52.0 | 52.7 | - | 52.4 | 52.2 | 51.9 | - | |||||||
| Shares Diluted | 47.1 | - | 45.9 | 47.2 | 48.3 | - | 49.1 | 55.6 | 50.0 | - | 56.0 | 52.0 | 52.7 | - | 56.9 | 56.8 | 56.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (11.8) | 11.8 | (4.2) | 0.2 | (6.1) | 20.5 | 4.7 | 2.4 | 1.1 | 27.2 | 6.6 | 0.1 | (3.4) | 23.8 | 16.0 | 14.7 | 9.6 | 33.0 | 18.4 | 13.5 | 9.5 | 30.8 | 10.4 | 3.0 | 3.2 |
| EBIT | (15.3) | 8.5 | (8.4) | (5.5) | (11.9) | 14.8 | (1.4) | (4.0) | (5.5) | 20.4 | (0.6) | (7.1) | (10.7) | 16.5 | 9.6 | 9.8 | 4.6 | 28.0 | 14.0 | ||||||
| - |
| - |
| - |
| Selling & Marketing | 105.1 | 102.9 | 95.4 | 82.8 | 68.6 | 58.2 | 43.3 | 36.5 |
| General & Administrative | 60.6 | 60.3 | 57.7 | 56.2 | 44.9 | 35.8 | 20.3 | 20.3 |
| Depreciation & Amortization | 16.7 | 19.0 | 24.8 | 28.5 | 23.6 | 15.7 | 15.7 | 6.9 |
| Amortization of Intangibles | 1.6 | 1.6 | 1.6 | 2.4 | 0.6 | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 198.7 | 197.1 | 186.3 | 165.7 | 134.3 | 109.8 | 75.8 | 69.3 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.3 | 1.3 | 13.8 | 8.5 | (3.1) | 6.0 | (0.2) | 0.7 |
| Pre-Tax Income | (19.7) | (16.0) | 17.8 | 10.5 | 37.5 | 64.8 | 31.6 | 9.2 |
| 56.6 |
| 26.6 |
| 6.6 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (17.5) | (14.5) | 12.5 | 8.9 | 28.7 | 56.6 | 26.6 | 6.6 |
| Net Income Attributable To Parent | (17.5) | (14.5) | 12.5 | 8.9 | 28.7 | 56.6 | 26.6 | 6.6 |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (17.5) | (14.5) | 12.5 | 8.9 | 28.7 | 56.6 | 6.4 | 0.4 |
| 0.46 |
| 0.04 |
| Shares Basic | 47.1 | 47.0 | 49.2 | 51.8 | 52.3 | 50.2 | 12.6 | 10.0 |
| Shares Diluted | 47.1 | 47.0 | 54.3 | 56.0 | 56.9 | 56.6 | 17.1 | 12.2 |
| 8.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 16.4 |
| 15.0 |
| 14.0 |
| 12.8 |
| 13.2 |
| 10.9 |
| 9.2 |
| 10.0 |
| 10.2 |
| 8.9 |
| 8.6 |
| 8.1 |
| 6.5 |
| 5.2 |
| 4.2 |
| 4.3 |
| 5.0 |
| 5.0 |
| 4.4 |
| 3.4 |
| 2.9 |
| 8.6 |
| 2.6 |
| 2.3 |
| 2.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.0 |
| 30.7 |
| 28.0 |
| 26.4 |
| 24.7 |
| 22.6 |
| 19.5 |
| 16.4 |
| 17.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.8 |
| 0.3 |
| (0.2) |
| 0.2 |
| (0.5) |
| 0.1 |
| 0.0 |
| 0.3 |
| 33.7 |
| 14.3 |
| 9.9 |
| 6.8 |
| 21.7 |
| 7.9 |
| 0.7 |
| 1.3 |
| 28.2 |
| 13.5 |
| 9.9 |
| 4.9 |
| 18.8 |
| 6.2 |
| 0.7 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 28.2 |
| 13.5 |
| 9.9 |
| 4.9 |
| 18.8 |
| 6.2 |
| 0.7 |
| 0.9 |
| 4.8 |
| 28.2 |
| 13.5 |
| 9.9 |
| 4.9 |
| 18.8 |
| 6.2 |
| 0.7 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| 4.8 |
| 28.2 |
| 13.5 |
| 9.9 |
| 4.9 |
| (1.4) |
| 6.2 |
| 0.7 |
| 0.9 |
| 0.24 |
| 0.18 |
| 0.09 |
| - |
| 0.10 |
| 0.00 |
| 0.00 |
| 50.6 |
| 49.6 |
| 49.1 |
| - |
| 10.3 |
| 10.1 |
| 10.1 |
| 56.5 |
| 56.4 |
| 56.8 |
| - |
| 15.9 |
| 14.1 |
| 13.5 |
| 10.1 |
| 6.6 |
| 22.2 |
| 7.8 |
| 0.7 |
| 1.0 |