| (in millions of USD, except per-share data) | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q3 FY 23 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 505.1 | 568.5 | 540.7 | 354.0 | 350.6 | 372.5 | 340.8 | 200.7 | 214.6 |
| Cost of Revenue | 466.1 | 523.7 | 492.9 | 320.0 | 320.6 | 340.4 | 308.9 | 180.0 | 195.9 |
| Gross Profit | 39.0 | 44.9 | 47.9 | 33.9 | 30.0 | 32.1 | 31.9 | 20.8 | 18.8 |
| Operating Expenses | |||||||||
| Research & Development | 4.8 | 4.7 | 4.0 | 3.9 | 4.0 | 3.0 | 2.6 | 2.5 | 1.9 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (5.2) | (0.5) | 1.7 | (5.2) | (6.4) | (2.5) | (0.6) | (15.7) | (4.0) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | 0.0 | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | 0.1 | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (4.2) | (0.3) | 1.6 | (5.1) | |||||
| Per Share | |||||||||
| EPS Basic | - | 0.00 | 0.01 | (0.02) | - | (0.01) | (0.01) | (0.09) | (0.02) |
| EPS Diluted | - | 0.00 | 0.01 | (0.02) | - | ||||
| Supplementary Data | |||||||||
| EBITDA | (4.7) | 0.1 | 2.1 | (4.8) | (6.0) | (2.1) | (0.3) | (15.4) | (3.7) |
| EBIT | (5.2) | (0.5) | 1.7 | (5.2) | (6.4) | ||||
| (in millions of USD, except per-share data) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenues | |||
| Revenues | 1,968.4 | 1,264.6 | 689.2 |
| Cost of Revenue | 1,802.7 | 1,149.9 | 626.3 |
| Gross Profit | 165.7 | 114.7 | 62.9 |
| Operating Expenses | |||
| Research & Development | 17.4 | 12.2 | 7.4 |
| Selling General & Administrative | - | - | - |
| Selling & Marketing | 82.4 | 57.5 | 38.6 |
| General & Administrative | |||
| Operating Income | |||
| Operating Income | (9.2) | (25.2) | (26.0) |
| Non-Operating | |||
| Interest Income | 0.8 | 0.5 | - |
| Interest Expense | - | - | - |
| Income From Equity Investments | - | - | - |
| Other Non-Operating Income | |||
| Tax & Net | |||
| Income Tax Expense | (0.7) | - | - |
| Net Income From Continuing Ops | (8.1) | (26.5) | (27.2) |
| Net Income From Discontinued Ops | - | - | - |
| Net Income | |||
| Per Share | |||
| EPS Basic | (0.04) | (0.14) | (0.15) |
| EPS Diluted | (0.04) | (0.14) | (0.15) |
| Shares Basic | 219.9 | 191.2 | 178.1 |
| Shares Diluted | 219.9 | ||
| Supplementary Data | |||
| EBITDA | (7.3) | (23.8) | (24.9) |
| EBIT | (9.2) | (25.2) | (26.0) |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 20.4 | 21.0 | 23.3 | 17.7 | 13.7 | 15.3 | 15.9 | 12.6 | 11.6 |
| General & Administrative | 18.4 | 19.6 | 18.9 | 17.5 | 18.6 | 16.3 | 14.0 | 12.1 | 9.2 |
| Depreciation & Amortization | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 |
| Amortization of Intangibles | 0.4 | 0.4 | 0.2 | 0.2 | - | 0.2 | 0.2 | - | - |
| Other Operating Expenses | 14.6 | 15.7 | 17.6 | 12.5 | 9.5 | 11.7 | 12.5 | 9.1 | 7.9 |
| Total Operating Expenses | 44.3 | 45.3 | 46.2 | 39.1 | 36.4 | 34.6 | 32.5 | 36.5 | 22.7 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.0 |
| Pre-Tax Income | - | (0.2) | - | - | - | (2.5) | - | - | - |
| (6.7) |
| (2.5) |
| (1.1) |
| (16.1) |
| (3.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (4.2) | (0.3) | 1.6 | (5.1) | (6.7) | (2.5) | (1.1) | (16.1) | (3.9) |
| Net Income Attributable To Parent | (4.2) | (0.4) | 1.5 | (5.0) | (6.6) | (2.6) | (1.2) | (16.1) | (4.0) |
| Less: Minority Interest | (0.0) | 0.2 | 0.0 | (0.2) | - | 0.0 | 0.1 | - | 0.1 |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (4.2) | (0.4) | 1.5 | (5.0) | (6.6) | (2.6) | (1.2) | (16.1) | (4.0) |
| (0.01) |
| (0.01) |
| (0.09) |
| (0.02) |
| Shares Basic | - | 219.0 | 214.8 | - | - | 196.7 | 189.0 | 184.7 | 180.6 |
| Shares Diluted | - | 219.0 | 233.4 | 204.4 | - | 196.7 | 189.0 | 184.7 | 180.6 |
| (2.5) |
| (0.6) |
| (15.7) |
| (4.0) |
| 74.4 |
| 61.1 |
| 42.9 |
| Depreciation & Amortization | 1.9 | 1.4 | 1.1 |
| Amortization of Intangibles | 1.2 | 0.9 | 0.8 |
| Other Operating Expenses | 60.5 | 42.7 | 27.9 |
| Total Operating Expenses | 174.9 | 140.0 | 88.9 |
| 1.0 |
| 0.5 |
| (0.6) |
| Pre-Tax Income | (8.8) | (26.5) | - |
| (8.1) |
| (26.5) |
| (27.2) |
| Net Income Attributable To Parent | (8.1) | (26.5) | (27.5) |
| Less: Minority Interest | 0.0 | 0.1 | 0.3 |
| Less: Preferred Dividends | - | - | - |
| Net Income To Common Shareholders | (8.1) | (26.5) | (27.5) |
| 191.2 |
| 178.1 |