| (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 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 8.6 | 4.8 | 10.6 | 9.9 | 5.0 | 14.9 | 14.4 | 16.4 | 10.9 | 13.5 | 10.1 | 12.6 | 10.6 | 11.9 | 11.4 | 7.9 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 33.9 | 30.3 | 56.6 | 46.7 | 38.0 | 31.3 | 23.6 |
| Cost of Revenue | 13.7 | 10.6 | 16.7 | 15.7 | 10.8 | 3.6 | 2.1 |
| Gross Profit | 20.2 | 19.7 | 39.9 | 31.1 | 27.2 | 27.7 | 21.4 |
| Operating Expenses | |||||||
| Research & Development | 21.5 | 20.7 | 9.6 | 12.7 | 9.1 | 9.2 | 10.0 |
| Selling General & Administrative | 269.9 | 266.9 | 119.0 | 119.6 | 64.9 | ||
| Operating Income | |||||||
| Operating Income | (350.3) | (346.0) | (83.4) | (105.4) | (50.6) | (35.8) | (35.3) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | 0.0 | - |
| Interest Expense | 12.8 | 11.5 | 2.0 | 1.1 | 9.6 | 11.8 | 13.1 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | (0.1) |
| Net Income From Continuing Ops | (393.6) | (374.1) | (72.8) | (114.3) | (23.4) | (88.4) | |
| Per Share | |||||||
| EPS Basic | (60.90) | (36.48) | (7.24) | (1.28) | (0.17) | (0.67) | (0.36) |
| EPS Diluted | (60.90) | (36.48) | (8.05) | (1.28) | (0.17) | (0.67) | (0.36) |
| Supplementary Data | |||||||
| EBITDA | (343.8) | (341.4) | (79.4) | (101.3) | (46.7) | (32.1) | (31.5) |
| EBIT | (350.3) | (346.0) | (83.4) | (105.4) | (50.6) | (35.8) | (35.3) |
| 6.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 4.4 | 2.6 | 3.3 | 3.3 | 1.4 | 4.7 | 3.8 | 4.4 | 3.8 | 4.5 | 3.4 | 4.2 | 3.6 | 4.5 | 3.6 | 1.5 | 1.1 | - | - | - | - | - | - |
| Gross Profit | 4.2 | 2.2 | 7.2 | 6.6 | 3.6 | 10.2 | 10.7 | 12.0 | 7.0 | 8.9 | 6.7 | 8.4 | 7.0 | 7.4 | 7.8 | 6.4 | 5.7 | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 3.2 | 8.2 | 3.9 | 6.2 | 2.5 | 2.2 | 2.3 | 2.0 | 3.1 | 2.7 | 4.1 | 3.2 | 2.7 | 2.6 | 1.2 | 2.6 | 2.6 | - | - | - | - | - | - |
| Selling General & Administrative | 31.0 | 30.2 | 188.8 | 19.8 | 28.1 | 35.4 | 29.7 | 24.6 | 29.3 | 23.5 | 40.4 | 27.0 | 28.7 | 23.5 | 16.1 | 14.3 | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Depreciation & Amortization | 2.9 | 3.6 | 0.0 | 0.0 | 1.0 | 3.0 | 0.0 | 0.0 | 1.0 | 3.1 | 0.0 | 0.0 | 1.0 | 3.0 | 0.0 | 0.0 | |||||||
| Amortization of Intangibles | 2.1 | 1.3 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 3.0 | (0.5) | ||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (32.2) | (111.1) | (186.5) | (20.5) | (27.9) | (28.4) | (19.9) | (15.6) | (19.5) | (18.3) | (38.8) | (22.8) | (25.5) | (19.7) | (10.6) | (11.5) | (8.8) | (35.2) | (0.3) | (0.2) | (0.2) | (0.0) | - |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Interest Expense | 3.8 | 3.5 | 2.8 | 2.7 | 2.5 | 0.3 | 0.6 | 0.6 | 0.5 | 0.6 | 0.5 | 0.0 | (0.0) | 7.7 | 1.9 | 0.0 | 0.0 | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | (13.5) | 65.0 | (71.3) | (23.5) | 1.8 | 21.9 | 15.5 | (22.0) | (4.9) | (3.1) | 3.3 | (3.8) | (5.3) | 1.9 | 32.1 | (6.4) | (0.3) | ||||||
| Pre-Tax Income | (45.7) | (46.1) | (257.8) | (44.0) | (26.1) | (6.5) | (4.4) | (37.6) | (24.4) | (21.4) | (35.5) | (26.7) | (30.7) | (17.8) | 21.5 | (17.9) | |||||||
| 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 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (45.7) | (46.1) | (257.8) | (44.0) | (26.1) | (6.5) | (4.4) | (37.6) | (24.4) | (21.4) | (35.5) | (26.6) | (30.8) | (17.9) | 21.5 | (17.8) | (9.1) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (45.7) | (46.1) | (257.8) | (44.0) | (26.1) | (6.5) | (4.4) | (37.6) | (24.4) | (21.4) | (35.5) | (26.6) | (30.8) | (17.9) | 21.5 | (17.8) | (9.1) | ||||||
| Net Income Attributable To Parent | (45.7) | (46.1) | (257.8) | (44.0) | (26.1) | (6.5) | (4.4) | (37.6) | (24.4) | (21.4) | (35.5) | (26.6) | (30.8) | (17.9) | 21.5 | (17.8) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (43.3) | (33.1) | (257.2) | (86.1) | (26.1) | (6.5) | (4.4) | (37.6) | (24.4) | (21.4) | (88.2) | (26.6) | (30.8) | (17.9) | 21.5 | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (6.28) | - | (22.17) | (7.42) | (2.26) | - | (0.58) | (7.67) | (8.33) | - | (0.63) | (0.19) | (0.22) | - | 0.16 | (0.13) | (0.07) | - | (0.08) | (0.01) | 0.09 | - | - |
| EPS Diluted | (6.28) | - | (22.17) | (7.42) | (2.26) | - | (0.58) | (7.67) | (8.33) | - | (0.63) | (0.19) | (0.22) | - | 0.16 | (0.13) | (0.07) | - | |||||
| Shares Basic | 6.9 | - | 0.0 | 0.0 | 11.6 | - | 0.0 | 0.0 | 0.0 | - | 0.1 | 0.1 | 0.1 | - | 133.1 | 133.1 | 133.0 | - | |||||
| Shares Diluted | 6.9 | - | 0.0 | 0.0 | 11.6 | - | 0.0 | 0.0 | 0.0 | - | 0.1 | 0.1 | 0.1 | - | 133.3 | 133.1 | 133.0 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (29.3) | (107.5) | (186.5) | (20.5) | (26.9) | (25.4) | (19.9) | (15.6) | (18.4) | (15.3) | (38.8) | (22.8) | (24.4) | (16.8) | (10.6) | (11.5) | (7.9) | - | - | - | - | - | - |
| EBIT | (32.2) | (111.1) | (186.5) | (20.5) | (27.9) | (28.4) | (19.9) | (15.6) | (19.5) | (18.3) | (38.8) | (22.8) | (25.5) | (19.7) | (10.6) | (11.5) | (8.8) | (35.2) | (0.3) | ||||
| 50.6 |
| 43.0 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 6.5 | 4.6 | 4.0 | 4.1 | 4.0 | 3.8 | 3.8 |
| Amortization of Intangibles | 5.5 | 4.4 | 4.0 | 4.1 | 3.9 | 3.7 | 3.7 |
| Other Operating Expenses | - | - | - | - | - | 1.8 | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (43.3) | (28.0) | 10.6 | (8.9) | 27.3 | (52.6) | (12.3) |
| Pre-Tax Income | (393.6) | (374.0) | (72.8) | (114.3) | (23.4) | (88.4) | (47.6) |
| (47.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (393.6) | (374.1) | (72.8) | (114.3) | (23.4) | (88.4) | (47.5) |
| Net Income Attributable To Parent | (393.6) | (374.1) | (72.8) | (114.3) | (23.4) | (88.4) | (47.5) |
| Less: Minority Interest | - | 11.8 | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (419.7) | (402.5) | (72.8) | (167.0) | (23.4) | (88.4) | (47.5) |
| Shares Basic | 6.9 | 0.0 | 0.0 | 130.3 | 134.2 | 132.9 | 0.1 |
| Shares Diluted | 6.9 | 0.0 | 0.0 | 130.3 | 134.2 | 132.9 | 0.1 |
| 10.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.5 |
| (1.2) |
| (0.1) |
| 1.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| (88.1) |
| (1.4) |
| (0.2) |
| 1.3 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (88.1) |
| (1.4) |
| (0.2) |
| 1.3 |
| (0.0) |
| - |
| (9.1) |
| (88.1) |
| (1.4) |
| (0.2) |
| 1.3 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.8) |
| (9.1) |
| (88.1) |
| (1.4) |
| (0.2) |
| 1.3 |
| (0.0) |
| - |
| (0.08) |
| (0.01) |
| 0.09 |
| 0.00 |
| - |
| 17.3 |
| 17.3 |
| 15.5 |
| - |
| - |
| 17.3 |
| 17.3 |
| 3.4 |
| - |
| 0.0 |
| (0.2) |
| (0.2) |
| (0.0) |
| - |