| (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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 97.0 | 108.8 | 103.4 | 61.8 | 61.4 | 69.6 | 68.6 | 78.1 | 87.8 | 63.5 | 62.6 | 60.1 | 57.6 | 53.7 | 37.2 | 36.7 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | 371.0 | 335.4 | 304.1 | 243.8 | 160.5 | 137.6 |
| Cost of Revenue | 336.9 | 318.1 | 259.6 | 185.8 | 131.9 | 108.2 |
| Gross Profit | 34.1 | 17.3 | 44.5 | 58.0 | 28.7 | 29.4 |
| Operating Expenses | ||||||
| Research & Development | 31.5 | 19.8 | 6.1 | 5.0 | 4.9 | 4.5 |
| Selling General & Administrative | 235.4 | 171.3 | 71.4 | 68.5 | 70.3 | 78.7 |
| Operating Income | ||||||
| Operating Income | (285.1) | (229.7) | (42.2) | (15.5) | (146.4) | (70.2) |
| Non-Operating | ||||||
| Interest Income | - | - | - | - | - | - |
| Interest Expense | - | 39.8 | 13.5 | 10.7 | 8.2 | 6.5 |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | (24.2) | (25.0) | (2.0) | (0.5) | (8.0) | (11.3) |
| Net Income From Continuing Ops | (300.1) | (226.6) | (114.3) | (27.3) | (130.6) | (61.5) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (1.78) | (2.28) | (2.35) | (0.73) | (2.09) | (1.36) |
| EPS Diluted | (1.78) | (2.28) | (2.35) | (0.73) | (2.09) | (1.36) |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | - | (197.0) | (30.5) | (4.8) | (135.2) | (59.6) |
| EBIT | (285.1) | (229.7) | (42.2) | (15.5) | (146.4) | (70.2) |
| 32.9 |
| 41.1 |
| 32.7 |
| 32.1 |
| 31.7 |
| 12.5 |
| Cost of Revenue | 71.2 | 98.3 | 86.6 | 80.8 | 52.4 | 64.9 | 56.6 | 65.1 | 73.0 | 52.8 | 45.5 | 44.2 | 43.4 | 45.1 | 29.3 | 29.7 | 27.7 | 33.7 | 26.8 | 23.5 | 24.2 | 10.5 |
| Gross Profit | 25.8 | 10.5 | 16.8 | (19.1) | 9.0 | 4.6 | 12.0 | 13.0 | 14.8 | 10.7 | 17.1 | 15.9 | 14.2 | 8.6 | 7.9 | 7.0 | 5.2 | 7.4 | 5.9 | 8.6 | 7.5 | 1.9 |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 12.6 | 9.5 | 7.7 | 1.7 | 0.8 | 1.4 | 1.9 | 1.7 | 1.0 | 1.0 | 1.5 | 2.1 | 0.4 | 0.4 | 1.1 | 1.7 | 1.7 | 1.2 | 1.4 | 1.0 | 1.0 | 0.8 |
| Selling General & Administrative | 82.9 | 47.8 | 50.3 | 54.5 | 18.7 | 18.4 | 17.5 | 18.1 | 17.4 | 16.5 | 18.3 | 17.7 | 16.0 | 16.5 | 15.3 | 17.6 | ||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Depreciation & Amortization | 11.3 | - | - | - | 3.0 | - | - | - | 2.8 | - | - | - | 2.5 | - | - | - | ||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (69.7) | (81.6) | (41.9) | (91.9) | (14.3) | (19.0) | (12.5) | (7.1) | (3.6) | (6.8) | (2.7) | (3.9) | (2.2) | (25.8) | (10.3) | (92.8) | (17.6) | (16.3) | (31.1) | (15.6) | (7.2) | (2.9) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.7 | 2.4 | 1.7 | 1.5 | 1.5 | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | (1.1) | 4.1 | 13.8 | (13.9) | 14.8 | (45.9) | (5.3) | (7.9) | (1.5) | 1.2 | (1.2) | 1.0 | (2.4) | 1.6 | 0.2 | 15.5 | (1.2) | |||||
| Pre-Tax Income | (75.9) | (84.6) | (34.3) | (129.6) | (3.1) | (68.8) | (21.4) | (18.1) | (8.0) | (8.3) | (6.6) | (5.6) | (7.3) | (26.9) | (12.6) | (79.0) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 0.6 | 0.9 | 6.9 | (32.6) | (0.2) | (1.7) | (0.5) | 0.0 | 0.1 | (0.1) | (0.3) | (0.1) | (0.0) | (1.0) | (2.1) | (1.9) | (2.9) | (3.3) | (5.6) | (1.4) | (1.0) | (0.6) |
| Net Income From Continuing Ops | (76.5) | (85.5) | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.2) | (6.3) | (5.5) | (7.3) | (25.9) | (10.4) | (77.0) | (17.3) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (76.5) | (85.5) | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.2) | (6.3) | (5.5) | (7.3) | (25.9) | (10.4) | (77.0) | (17.3) | |||||
| Net Income Attributable To Parent | (76.5) | (85.5) | (41.2) | (97.0) | (2.9) | (67.2) | (21.0) | (18.1) | (8.1) | (8.3) | (6.3) | (5.5) | (7.3) | (25.9) | (10.4) | (77.0) | ||||||
| Less: Minority Interest | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.1 | (0.1) | (0.0) | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (78.0) | (96.3) | (42.8) | (126.7) | (6.5) | (92.1) | (24.3) | (27.8) | (11.1) | (16.3) | (9.1) | (10.3) | (11.6) | (27.6) | (10.4) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.40) | - | (0.29) | (1.41) | (0.09) | - | (0.37) | (0.42) | (0.17) | - | (0.14) | (0.16) | (0.18) | - | (0.16) | (1.22) | (0.28) | - | (0.55) | (0.43) | (0.21) | (0.06) |
| EPS Diluted | (0.40) | - | (0.29) | (1.41) | (0.09) | - | (0.37) | (0.42) | (0.17) | - | (0.14) | (0.16) | (0.18) | - | (0.16) | (1.22) | (0.28) | - | ||||
| Shares Basic | 193.7 | - | 145.7 | 89.6 | 71.2 | - | 66.5 | 65.7 | 65.6 | - | 64.8 | 64.3 | 64.3 | - | 63.5 | 63.0 | 62.7 | - | ||||
| Shares Diluted | 193.7 | - | 145.7 | 89.6 | 71.2 | - | 66.5 | 65.7 | 65.6 | - | 64.8 | 64.3 | 64.3 | - | 63.5 | 63.0 | 62.7 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (58.5) | - | - | - | (11.3) | - | - | - | (0.8) | - | - | - | 0.2 | - | - | - | (13.9) | - | (30.8) | - | (4.9) | (2.8) |
| EBIT | (69.7) | (81.6) | (41.9) | (91.9) | (14.3) | (19.0) | (12.5) | (7.1) | (3.6) | (6.8) | (2.7) | (3.9) | (2.2) | (25.8) | (10.3) | (92.8) | (17.6) | (16.3) | (31.1) | |||
| Selling & Marketing | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - |
| Depreciation & Amortization | - | 32.6 | 11.7 | 10.7 | 11.3 | 10.6 |
| Amortization of Intangibles | - | 24.8 | 7.6 | 7.2 | 8.0 | 8.6 |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - |
| - |
| 0.0 |
| 0.0 |
| 0.2 |
| 0.1 |
| 0.0 |
| Other Non-Operating Income | 2.9 | 18.8 | (60.6) | (1.5) | 16.1 | 3.8 |
| Pre-Tax Income | (324.3) | (251.6) | (116.3) | (27.8) | (138.6) | (72.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (300.1) | (226.6) | (114.3) | (27.3) | (130.6) | (61.5) |
| Net Income Attributable To Parent | (300.1) | (226.6) | (114.3) | (27.3) | (130.6) | (61.5) |
| Less: Minority Interest | - | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (343.9) | (272.3) | (155.4) | (47.3) | (132.4) | (61.5) |
| 193.7 |
| 119.5 |
| 66.1 |
| 64.7 |
| 63.3 |
| 45.1 |
| Shares Diluted | 193.7 | 119.5 | 66.1 | 64.7 | 63.3 | 45.1 |
| 21.0 |
| 21.0 |
| 34.3 |
| 12.1 |
| 11.3 |
| 3.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.2 |
| - |
| 3.7 |
| - |
| 0.3 |
| - |
| 2.3 |
| 0.1 |
| - |
| 2.3 |
| - |
| - |
| 1.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.7 |
| 1.8 |
| 1.4 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| 0.9 |
| 3.0 |
| 0.1 |
| (0.1) |
| (0.0) |
| (20.2) |
| (17.0) |
| (29.8) |
| (17.3) |
| (8.7) |
| (2.9) |
| (13.7) |
| (24.3) |
| (15.9) |
| (7.7) |
| (2.3) |
| - |
| - |
| - |
| - |
| - |
| (13.7) |
| (24.3) |
| (15.9) |
| (7.7) |
| (2.3) |
| (17.3) |
| (13.7) |
| (24.3) |
| (15.9) |
| (7.7) |
| (2.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (77.0) |
| (17.3) |
| (13.7) |
| (24.3) |
| (15.9) |
| (7.7) |
| (2.3) |
| (0.55) |
| (0.43) |
| (0.21) |
| (0.06) |
| 44.0 |
| 37.2 |
| 37.2 |
| 37.2 |
| 44.0 |
| 37.2 |
| 37.2 |
| 37.2 |
| (15.6) |
| (7.2) |
| (2.9) |