| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||||
| Revenues | 11.1 | 14.5 | 12.8 | 10.0 | 5.1 | 8.1 | 4.4 | 4.5 | 3.6 | 1.4 | 2.2 | 1.9 | 0.4 | - | 0.5 | - | |||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 48.5 | 42.5 | 20.6 | 5.9 | 1.4 | - | - | - | - | - | - |
| Cost of Revenue | 24.7 | 22.9 | 12.2 | 5.1 | 1.4 | - | - | - | - | - | - |
| Gross Profit | 23.8 | 19.5 | 8.5 | 0.7 | 0.1 | - | - | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 3.7 | 3.7 | 2.5 | 1.1 | 1.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 |
| Selling General & Administrative | 15.9 | 14.8 | |||||||||
| Operating Income | |||||||||||
| Operating Income | (5.9) | (8.2) | (19.0) | (20.3) | (3.0) | - | - | - | - | - | - |
| Non-Operating | |||||||||||
| Interest Income | - | 0.6 | 0.4 | 0.3 | - | - | - | - | - | - | - |
| Interest Expense | 1.0 | 1.1 | 1.0 | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | - | 4.0 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.0) | (12.1) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.05) | (0.06) | (0.11) | (0.14) | (0.03) | (0.05) | (0.05) | (0.16) | - | - | - |
| EPS Diluted | (0.05) | (0.06) | (0.11) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | (4.7) | (7.1) | (18.5) | (20.1) | (2.9) | - | - | - | - | - | - |
| EBIT | (5.9) | (8.2) | (19.0) | (20.3) | |||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 5.8 | 8.2 | 6.7 | 4.1 | 4.0 | 4.1 | 2.1 | 3.1 | 2.9 | 1.8 | 1.9 | 1.1 | 0.3 | - | 0.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 5.3 | 6.4 | 6.2 | 5.9 | 1.1 | 4.0 | 2.3 | 1.4 | 0.7 | (0.4) | 0.3 | 0.8 | 0.1 | - | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||
| Research & Development | 1.0 | 1.4 | 0.8 | 0.5 | 1.0 | 0.8 | 0.4 | 0.8 | 0.5 | 0.3 | 0.3 | 0.2 | 0.2 | - | 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 | 0.1 | 0.0 |
| Selling General & Administrative | 4.5 | 3.2 | 4.8 | 3.4 | 3.4 | 2.6 | 2.5 | 2.2 | 2.8 | 1.7 | 1.8 | 5.7 | 0.9 | - | 0.5 | 0.4 | |||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.9 | 0.2 | 0.1 | 0.1 | ||||||||||||||||||||||
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Total Operating Expenses | 9.0 | 6.9 | 8.0 | 5.8 | 7.0 | 5.8 | 5.5 | 5.5 | 10.6 | 11.7 | 2.2 | 6.0 | 1.1 | 1.5 | 0.7 | 0.7 | |||||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Income | (3.6) | (0.5) | (1.8) | 0.1 | (5.9) | (1.8) | (3.2) | (4.1) | (9.8) | (12.2) | (1.9) | (5.2) | (1.1) | - | (0.4) | (0.7) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-Operating | |||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.4 | - | - | - | 0.1 | - | 0.2 | - | 0.2 | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.3 | 0.3 | 0.2 | 0.2 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | (0.0) | 0.1 | 0.4 | 0.1 | - | 0.1 | 0.0 | - | - | |||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Non-Operating Income | 0.2 | (0.2) | (0.0) | 0.0 | 0.2 | (0.1) | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.3) | (0.2) | (0.2) | (0.1) | (0.0) | 0.0 | ||||||||||||||||||||||
| Pre-Tax Income | (3.4) | (0.7) | (1.9) | 0.1 | (5.7) | (1.9) | (3.2) | (4.1) | (9.8) | (12.1) | (1.9) | (5.5) | (1.3) | (1.9) | (0.5) | (0.8) | |||||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.2 | - | 1.8 | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (3.6) | (2.5) | (3.7) | (0.3) | (5.7) | (7.5) | (6.1) | (2.9) | (2.6) | (13.0) | (1.2) | (5.5) | (1.4) | (0.6) | (0.8) | (0.8) | (1.0) | ||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income | (3.6) | (2.5) | (3.7) | (0.3) | (5.7) | (7.5) | (6.1) | (2.9) | (2.6) | (13.0) | (1.2) | (5.5) | (1.4) | (0.6) | (0.8) | (0.8) | (1.0) | ||||||||||||||||||||||
| Net Income Attributable To Parent | (3.6) | (2.5) | (3.7) | (0.3) | (5.7) | (1.9) | (3.2) | (4.1) | (9.8) | (12.1) | (1.9) | (5.5) | (1.3) | (1.9) | (0.5) | (0.8) | |||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | 2.0 | 1.9 | - | - | 0.8 | 0.2 | - | - | |||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income To Common Shareholders | (3.6) | (2.5) | (3.7) | (0.3) | (5.7) | (7.3) | (6.1) | (2.9) | (2.8) | (14.9) | (1.2) | (1.9) | (3.0) | (4.3) | (0.5) | ||||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.02) | - | (0.02) | 0.00 | (0.03) | - | (0.02) | (0.02) | (0.06) | - | (0.01) | (0.04) | (0.01) | - | 0.00 | (0.01) | (0.00) | - | (0.02) | (0.02) | (0.01) | - | (0.02) | (0.01) | (0.01) | - | (0.06) | (0.03) | (0.02) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.02) | - | (0.02) | 0.00 | (0.03) | - | (0.02) | (0.02) | (0.06) | - | (0.01) | (0.04) | (0.01) | - | 0.00 | (0.01) | (0.00) | - | |||||||||||||||||||||
| Shares Basic | 196.0 | - | 193.6 | 193.6 | 178.8 | - | 170.8 | 170.7 | 170.7 | - | 147.7 | 143.6 | 128.2 | - | 128.3 | 128.3 | 37.8 | - | |||||||||||||||||||||
| Shares Diluted | 205.3 | - | 202.9 | 202.8 | 188.6 | - | 181.9 | 181.8 | 181.6 | - | 147.8 | 143.7 | 128.2 | - | 128.3 | 128.3 | 37.8 | - | |||||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EBITDA | (3.3) | (0.2) | (1.5) | 0.4 | (5.7) | (1.7) | (3.1) | (4.0) | (9.8) | (12.1) | (1.8) | (5.2) | (1.0) | - | (0.4) | (0.7) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (3.6) | (0.5) | (1.8) | 0.1 | (5.9) | (1.8) | (3.2) | (4.1) | (9.8) | (12.2) | (1.9) | (5.2) | (1.1) | - | (0.4) | (0.7) | - | - | - | ||||||||||||||||||||
| 10.2 |
| 10.1 |
| 1.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | 1.2 | 0.5 | 0.3 | 0.8 | 0.4 | 0.9 | 0.3 |
| Depreciation & Amortization | 1.2 | 1.1 | 0.4 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 29.7 | 27.7 | 27.4 | 21.0 | 3.0 | 1.4 | 1.1 | 3.4 | 1.0 | 1.0 | 0.5 |
| 0.5 |
| 0.2 |
| - |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | (0.1) | - | - | - | - | - |
| Other Non-Operating Income | 0.0 | 0.0 | (0.2) | (0.6) | (0.3) | (0.1) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) |
| Pre-Tax Income | (5.9) | (8.2) | (19.2) | (20.9) | (3.2) | (1.5) | (1.1) | (3.4) | (1.0) | (1.0) | (0.5) |
| (19.2) |
| (21.1) |
| (3.2) |
| (1.5) |
| (1.1) |
| (3.4) |
| (1.0) |
| (1.0) |
| (0.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (10.0) | (12.1) | (19.2) | (21.1) | (3.2) | (1.5) | (1.1) | (3.4) | (1.0) | (1.0) | (0.5) |
| Net Income Attributable To Parent | (10.0) | (12.1) | (19.2) | (20.9) | (3.2) | (1.5) | (1.1) | (3.4) | (1.0) | (1.0) | (0.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (10.0) | (12.1) | (19.2) | (20.9) | (5.6) | (1.5) | (1.1) | (3.4) | (1.0) | (1.0) | (0.5) |
| (0.14) |
| (0.03) |
| (0.05) |
| (0.05) |
| (0.16) |
| - |
| - |
| - |
| Shares Basic | 196.0 | 190.0 | 170.8 | 144.9 | 128.2 | 28.5 | 23.4 | 21.5 | - | - | - |
| Shares Diluted | 205.3 | 198.7 | 181.2 | 152.1 | 128.2 | 28.5 | 23.4 | 21.5 | - | - | - |
| (3.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| (1.5) |
| 1.4 |
| 0.5 |
| 0.4 |
| (0.3) |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.5 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.4 |
| 0.2 |
| 0.3 |
| 1.0 |
| 1.4 |
| 0.5 |
| 0.4 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.5 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 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 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| 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) |
| (0.0) |
| (0.0) |
| (0.1) |
| (0.4) |
| (0.4) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.4) |
| (0.2) |
| (0.3) |
| (1.1) |
| (1.4) |
| (0.5) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.0) |
| (0.4) |
| (0.4) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.4) |
| (0.2) |
| (0.3) |
| (1.1) |
| (1.4) |
| (0.5) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| (0.4) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.4) |
| (0.2) |
| (0.3) |
| (1.1) |
| (1.4) |
| (0.5) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.0) |
| (0.1) |
| (0.4) |
| (0.4) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.4) |
| (0.2) |
| (0.3) |
| (1.1) |
| (1.4) |
| (0.5) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.8) |
| (0.1) |
| (0.4) |
| (0.4) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.4) |
| (0.2) |
| (0.3) |
| (1.1) |
| (1.4) |
| (0.5) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.0) |
| (0.02) |
| (0.02) |
| (0.01) |
| - |
| (0.02) |
| (0.01) |
| (0.01) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.7 |
| 27.0 |
| 26.3 |
| - |
| 22.1 |
| 21.4 |
| 23.0 |
| - |
| 21.7 |
| 21.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.7 |
| 27.0 |
| 26.3 |
| - |
| 22.1 |
| 21.4 |
| 23.0 |
| - |
| - |
| - |
| 21.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |