| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 364.6 | 375.6 | 383.0 | 347.9 | 297.4 | 151.5 | 65.1 | 45.9 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (458.2) | (472.6) | (525.2) | (479.0) | (420.6) | (215.3) | (81.0) | (55.8) |
| Non-Operating | ||||||||
| Interest Income | 37.8 | 38.6 | 46.0 | 36.5 | 10.9 | 1.9 | 1.1 | 3.6 |
| Interest Expense | 2.0 | 2.0 | 2.2 | 2.4 | 2.4 | 1.4 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 1.4 | 1.5 | (0.3) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (421.4) | (435.1) | (477.9) | (445.1) | (411.9) | |||
| Per Share | ||||||||
| EPS Basic | (0.69) | (0.76) | (0.94) | (0.96) | (0.95) | (0.11) | (6.67) | (0.21) |
| EPS Diluted | (0.69) | (0.76) | (0.94) | (0.96) | (0.95) | (0.52) | ||
| Supplementary Data | ||||||||
| EBITDA | (396.2) | (407.0) | (467.4) | (437.1) | (392.3) | (204.1) | (74.2) | (51.1) |
| EBIT | (458.2) | (472.6) | (525.2) | (479.0) | (420.6) | (215.3) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 84.6 | 86.8 | 92.1 | 101.2 | 95.6 | 104.4 | 97.0 | 97.7 | 83.8 | 96.4 | 88.2 | 86.5 | 76.9 | 83.4 | 87.6 | 65.1 | 61.3 | 46.8 | 39.5 | 35.8 | 29.5 | 22.7 | 17.0 | 12.0 | 13.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 24.6 | 23.7 | 22.9 | 22.4 | 28.0 | 24.3 | 33.2 | 36.7 | 48.1 | 28.2 | 32.7 | 37.1 | 33.0 | 30.1 | 33.1 | 30.7 | 29.3 | ||||||||
| Depreciation & Amortization | 14.8 | 13.5 | 14.2 | 19.5 | 18.3 | 18.0 | 14.9 | 12.9 | 12.0 | - | - | - | 9.5 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 109.2 | 110.5 | 115.0 | 123.6 | 123.6 | 128.7 | 130.2 | 134.5 | 131.9 | 124.6 | 120.9 | 123.5 | 110.0 | 113.4 | 120.7 | 95.9 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (109.2) | (110.5) | (115.0) | (123.6) | (123.6) | (128.7) | (130.2) | (134.5) | (131.9) | (124.6) | (120.9) | (123.5) | (110.0) | (113.4) | (120.7) | (95.9) | (90.7) | (67.1) | (53.8) | (49.6) | (44.7) | (30.2) | (20.7) | (14.2) | (15.9) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 8.9 | 9.9 | 10.0 | 8.9 | 9.8 | 10.6 | 11.3 | 12.0 | 12.1 | 12.4 | 10.5 | 7.3 | 6.3 | 5.1 | 3.5 | 1.5 | 0.8 | 0.7 | 0.6 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | 0.5 |
| Interest Expense | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.0) | (24.7) | 9.2 | 8.9 | 9.2 | 14.0 | 10.5 | 11.5 | 11.3 | 11.3 | 10.3 | 7.0 | 5.3 | 4.4 | 3.0 | 1.0 | 0.3 | ||||||||
| Pre-Tax Income | (100.8) | - | - | - | (114.3) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 1.4 | 0.0 | 0.0 | 0.2 | (0.3) | 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 | (100.8) | (100.1) | (105.8) | (114.7) | (114.4) | (114.7) | (119.7) | (123.0) | (120.6) | (113.3) | (110.6) | (116.5) | (104.6) | (109.1) | (117.7) | (94.8) | (90.4) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (100.8) | (100.1) | (105.8) | (114.7) | (114.4) | (114.7) | (119.7) | (123.0) | (120.6) | (113.3) | (110.6) | (116.5) | (104.6) | (109.1) | (117.7) | (94.8) | (90.4) | ||||||||
| Net Income Attributable To Parent | (100.8) | (100.1) | (105.8) | (114.7) | (114.4) | (114.7) | (119.6) | (123.0) | (120.6) | (113.4) | (110.6) | (116.5) | (104.6) | (109.1) | (117.7) | (94.8) | |||||||||
| Less: Minority Interest | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (100.8) | (100.1) | (105.8) | (114.7) | (114.4) | (114.7) | (119.6) | (123.0) | (120.6) | (113.4) | (110.6) | (116.5) | (104.6) | (109.1) | (117.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.16) | - | (0.18) | (0.20) | (0.21) | - | (0.23) | (0.25) | (0.24) | - | (0.23) | (0.26) | (0.24) | - | (0.27) | (0.22) | (0.21) | - | 0.04 | 0.20 | - | - | (1.57) | (0.06) | - |
| EPS Diluted | (0.16) | - | (0.18) | (0.20) | (0.21) | - | (0.23) | (0.25) | (0.24) | - | (0.23) | (0.26) | (0.24) | - | (0.27) | (0.22) | (0.21) | - | |||||||
| Shares Basic | 611.0 | - | 588.7 | 561.7 | 548.0 | - | 509.0 | 501.2 | 496.1 | - | 471.8 | 445.3 | 440.1 | - | 434.1 | 431.5 | 429.3 | - | |||||||
| Shares Diluted | 611.0 | - | 588.7 | 561.7 | 548.0 | - | 509.0 | 501.2 | 496.1 | - | 471.8 | 445.3 | 440.1 | - | 434.1 | 431.5 | 429.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (94.4) | (96.9) | (100.8) | (104.1) | (105.2) | (110.7) | (115.3) | (121.6) | (119.9) | - | - | - | (100.5) | - | - | - | (85.9) | - | - | - | (42.6) | - | - | - | (14.5) |
| EBIT | (109.2) | (110.5) | (115.0) | (123.6) | (123.6) | (128.7) | (130.2) | (134.5) | (131.9) | (124.6) | (120.9) | (123.5) | (110.0) | (113.4) | (120.7) | (95.9) | (90.7) | (67.1) | (53.8) | ||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 93.6 | 97.0 | 142.2 | 131.1 | 123.2 | 63.8 | 15.9 | 9.9 |
| Depreciation & Amortization | 62.0 | 65.6 | 57.8 | 42.0 | 28.3 | 11.2 | 6.9 | 4.7 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 458.2 | 472.6 | 525.2 | 479.0 | 420.6 | 215.3 | 81.0 | 55.8 |
| 20.8 |
| 0.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (6.7) | 2.5 | 47.3 | 34.0 | 8.7 | 169.3 | (1,600.8) | 4.6 |
| Pre-Tax Income | - | (433.5) | (478.2) | (445.1) | - | - | - | - |
| (46.0) |
| (1,681.8) |
| (51.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (421.4) | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) |
| Net Income Attributable To Parent | (421.4) | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) |
| Less: Minority Interest | - | - | (0.1) | 0.1 | 0.0 | (0.0) | (0.0) | 0.0 |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (421.4) | (435.1) | (477.9) | (445.1) | (411.9) | (46.0) | (1,681.8) | (51.3) |
| (6.67) |
| (0.21) |
| Shares Basic | 611.0 | 576.0 | 508.1 | 462.2 | 433.0 | 404.3 | 252.1 | 239.6 |
| Shares Diluted | 611.0 | 576.0 | 508.1 | 462.2 | 433.0 | 409.5 | 252.1 | 239.6 |
| (81.0) |
| (55.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.3 |
| 14.4 |
| 13.8 |
| 15.2 |
| 7.5 |
| 3.7 |
| 2.2 |
| 2.6 |
| 4.7 |
| - |
| - |
| - |
| 2.1 |
| - |
| - |
| - |
| 1.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 90.7 |
| 67.1 |
| 53.8 |
| 49.6 |
| 44.7 |
| 30.2 |
| 20.7 |
| 14.2 |
| 15.9 |
| 0.4 |
| 0.2 |
| - |
| - |
| 8.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| 69.2 |
| 130.6 |
| (30.4) |
| (1,246.4) |
| (355.2) |
| 0.3 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (67.2) |
| 15.4 |
| 81.0 |
| (75.1) |
| (1,276.6) |
| (375.9) |
| (13.9) |
| (15.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (67.2) |
| 15.4 |
| 81.0 |
| (75.1) |
| (1,276.6) |
| (375.9) |
| (13.9) |
| (15.4) |
| (90.4) |
| (67.2) |
| 15.4 |
| 81.0 |
| (75.1) |
| (1,276.6) |
| (375.9) |
| (13.9) |
| (15.4) |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (94.8) |
| (90.4) |
| (67.2) |
| 15.4 |
| 81.0 |
| (75.1) |
| (1,276.6) |
| (375.9) |
| (13.9) |
| (15.4) |
| (0.13) |
| (0.12) |
| - |
| - |
| (1.57) |
| (0.06) |
| - |
| 417.8 |
| 405.0 |
| - |
| - |
| 239.9 |
| 239.8 |
| - |
| 420.6 |
| 410.4 |
| - |
| - |
| 239.9 |
| 239.8 |
| - |
| (49.6) |
| (44.7) |
| (30.2) |
| (20.7) |
| (14.2) |
| (15.9) |