| (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 | Q3 FY 17 | Q2 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||
| Revenues | 34.5 | 41.8 | 37.3 | 38.1 | 32.0 | 22.5 | 18.5 | 16.5 | 17.4 | 20.3 | 17.9 | 17.6 | 15.5 | 18.2 | 16.5 | 16.3 | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 151.6 | 149.2 | 74.9 | 71.3 | 65.2 | 55.3 | 49.2 | 62.7 | 52.8 | 40.4 | 34.2 |
| Cost of Revenue | 78.9 | 76.8 | 20.7 | 19.6 | 15.5 | 11.7 | 11.6 | 15.4 | 12.4 | 9.6 | 6.6 |
| Gross Profit | 72.7 | 72.3 | 54.2 | 51.7 | 49.7 | 43.7 | 37.7 | 47.3 | 40.3 | 30.8 | 27.6 |
| Operating Expenses | |||||||||||
| Research & Development | 6.3 | 6.6 | 12.8 | 9.5 | 9.3 | 7.9 | 9.2 | 13.7 | 8.2 | 7.9 | 8.2 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (29.4) | (31.4) | (34.6) | (30.6) | (35.1) | (27.6) | (22.3) | (26.9) | (19.8) | (13.6) | (9.3) |
| Non-Operating | |||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 8.8 | 8.4 | 7.3 | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (37.2) | (39.1) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.53) | (0.59) | (1.38) | (1.05) | (1.38) | (1.22) | (1.46) | (1.58) | - | - | - |
| EPS Diluted | (0.53) | (0.59) | (1.38) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | (26.1) | (28.0) | (32.5) | (28.5) | (33.5) | (26.5) | (21.4) | (25.9) | (19.0) | (13.0) | (8.7) |
| EBIT | (29.4) | (31.4) | (34.6) | ||||||||
| 14.2 |
| 15.0 |
| 13.8 |
| 14.2 |
| 12.3 |
| 15.6 |
| 12.4 |
| 9.7 |
| 11.5 |
| 17.4 |
| 16.0 |
| 16.6 |
| 12.7 |
| 15.6 |
| 13.7 |
| 13.3 |
| 10.2 |
| 10.5 |
| 10.3 |
| Cost of Revenue | 18.3 | 20.1 | 20.2 | 20.4 | 16.2 | 7.6 | 4.5 | 4.3 | 4.3 | 4.5 | 6.1 | 4.8 | 4.1 | 4.4 | 3.6 | 4.0 | 3.5 | 3.5 | 3.1 | 2.8 | 2.2 | 3.8 | 2.7 | 2.3 | 2.8 | 4.2 | 4.2 | 4.2 | 2.8 | 3.7 | 3.0 | 3.2 | 2.5 | 2.6 | 2.5 |
| Gross Profit | 16.2 | 21.7 | 17.1 | 17.8 | 15.7 | 14.9 | 14.0 | 12.2 | 13.1 | 15.8 | 11.8 | 12.8 | 11.4 | 13.8 | 12.9 | 12.3 | 10.7 | 11.5 | 10.7 | 11.5 | 10.1 | 11.8 | 9.8 | 7.4 | 8.7 | 13.1 | 11.8 | 12.4 | 9.9 | 11.9 | 10.7 | 10.0 | 7.7 | 7.9 | 7.8 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 1.4 | 1.7 | 1.5 | 1.8 | 1.6 | 5.8 | 2.4 | 2.2 | 2.3 | 2.2 | 2.2 | 2.4 | 2.8 | 3.1 | 2.3 | 2.0 | 1.8 | 1.7 | 1.6 | 2.3 | 2.3 | 2.1 | 2.0 | 2.1 | 3.0 | 4.2 | 3.5 | 3.2 | 2.8 | 2.2 | 2.1 | 2.3 | 1.6 | 1.8 | 2.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Selling & Marketing | 10.7 | 11.7 | 11.8 | 11.9 | 12.0 | 9.8 | 11.9 | 12.3 | 11.6 | 11.7 | 12.1 | 11.6 | 11.9 | 12.0 | 11.6 | 13.7 | 12.6 | ||||||||||||||||||
| General & Administrative | 13.0 | 13.3 | 11.1 | 12.2 | 13.1 | 10.8 | 7.4 | 6.1 | 6.0 | 6.3 | 6.3 | 6.2 | 6.6 | 6.4 | 6.4 | 6.4 | 6.4 | ||||||||||||||||||
| Depreciation & Amortization | 0.7 | 1.6 | 0.5 | 0.5 | 0.9 | 0.4 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.4 | 0.3 | |||||||||||||||||||
| Amortization of Intangibles | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | 25.1 | 26.7 | 24.4 | 25.8 | 26.8 | 26.4 | 21.7 | 20.7 | 19.9 | 20.2 | 20.6 | 20.1 | 21.3 | 21.5 | 20.4 | 22.1 | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (9.0) | (5.0) | (7.3) | (8.1) | (11.0) | (11.5) | (7.7) | (8.5) | (6.9) | (4.4) | (8.9) | (7.3) | (9.9) | (7.7) | (7.5) | (9.8) | (10.1) | (6.9) | (7.2) | (6.6) | (6.9) | (2.7) | (2.4) | (6.9) | (10.4) | (6.9) | (6.3) | (6.6) | (7.1) | (5.7) | (4.3) | (5.2) | (4.6) | (2.8) | (2.6) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 2.3 | 2.3 | 2.2 | 2.0 | 1.9 | 1.8 | 1.7 | 2.0 | 1.8 | 1.8 | 1.2 | 1.1 | 1.3 | 1.2 | 1.1 | 1.0 | 1.0 | 1.1 | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | 1.0 | 0.2 | 0.1 | 0.2 | 0.2 | 0.5 | 0.5 | 0.7 | 0.8 | 0.9 | 0.7 | 3.6 | 0.6 | 0.6 | 0.9 | 0.4 | 0.3 | ||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.8) | (7.2) | (9.4) | (9.8) | (12.7) | (12.7) | (13.3) | (9.8) | (7.9) | (5.4) | (9.4) | (4.9) | (10.5) | (8.3) | (7.6) | (10.4) | (10.8) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | (10.8) | (7.2) | (9.4) | (9.8) | (12.7) | (12.7) | (13.3) | (9.8) | (7.9) | (5.4) | (9.4) | (4.9) | (10.5) | (8.3) | (7.6) | (10.4) | (10.8) | ||||||||||||||||||
| Net Income Attributable To Parent | (10.8) | (7.2) | (9.0) | (10.1) | (12.7) | (12.7) | (13.3) | (9.8) | (7.9) | (5.4) | (9.4) | (4.9) | (10.5) | (8.3) | (7.6) | (10.4) | |||||||||||||||||||
| Less: Minority Interest | 0.0 | (0.0) | (0.4) | 0.3 | (0.0) | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | (10.8) | (7.2) | (9.0) | (10.1) | (12.7) | (12.7) | (13.3) | (9.8) | (7.9) | (5.4) | (9.4) | (4.9) | (10.5) | (8.3) | (7.6) | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | (0.16) | - | (0.13) | (0.15) | (0.21) | - | (0.44) | (0.33) | (0.27) | - | (0.33) | (0.17) | (0.38) | - | (0.28) | (0.39) | (0.41) | - | (0.31) | (0.29) | (0.31) | - | (0.18) | (0.41) | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.16) | - | (0.13) | (0.15) | (0.21) | - | (0.44) | (0.33) | (0.27) | - | (0.33) | (0.17) | (0.38) | - | (0.28) | (0.39) | (0.41) | - | |||||||||||||||||
| Shares Basic | 69.6 | - | 67.3 | 66.2 | 61.5 | - | 30.3 | 30.1 | 29.5 | - | 28.9 | 28.6 | 28.0 | - | 27.0 | 26.8 | 26.6 | - | |||||||||||||||||
| Shares Diluted | 69.6 | - | 67.3 | 66.2 | 61.5 | - | 30.3 | 30.1 | 29.5 | - | 28.9 | 28.6 | 28.0 | - | 27.0 | 26.8 | 26.6 | - | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | (8.3) | (3.5) | (6.8) | (7.6) | (10.1) | (11.1) | (7.2) | (7.9) | (6.3) | (3.9) | (8.4) | (6.8) | (9.4) | (7.1) | (7.1) | (9.5) | (9.8) | (6.6) | (7.0) | (6.3) | (6.6) | (2.4) | (2.2) | (6.7) | (10.1) | (6.7) | (6.0) | (6.3) | (6.9) | (5.4) | (4.1) | (4.9) | (4.5) | (2.7) | (2.5) |
| EBIT | (9.0) | (5.0) | (7.3) | (8.1) | (11.0) | (11.5) | (7.7) | (8.5) | (6.9) | (4.4) | (8.9) | (7.3) | (9.9) | (7.7) | (7.5) | (9.8) | (10.1) | (6.9) | (7.2) | ||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 46.2 | 47.5 | 45.6 | 47.3 | 50.0 | 37.7 | 32.6 | 43.0 | 38.3 | 27.9 | 21.8 |
| General & Administrative | 49.6 | 49.7 | 30.3 | 25.4 | 25.5 | 25.6 | 18.2 | 17.5 | 13.7 | 8.6 | 6.9 |
| Depreciation & Amortization | 3.3 | 3.5 | 2.1 | 2.0 | 1.6 | 1.1 | 0.9 | 1.1 | 0.9 | 0.6 | 0.7 |
| Amortization of Intangibles | 1.5 | 1.5 | 0.1 | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 102.1 | 103.7 | 88.7 | 82.3 | 84.8 | 71.2 | 60.0 | 74.2 | 60.2 | 44.4 | 36.9 |
| 5.4 |
| 4.3 |
| 4.0 |
| 4.5 |
| 3.7 |
| 3.7 |
| 2.8 |
| 1.8 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.5 | 0.7 | 2.5 | 5.8 | 2.2 | 0.4 | 0.3 | 1.6 | (0.6) | 0.4 | (0.1) |
| Pre-Tax Income | - | - | - | - | - | - | - | (29.0) | (24.1) | (16.1) | (11.2) |
| (43.7) |
| (30.2) |
| (37.2) |
| (31.2) |
| (27.5) |
| (29.0) |
| (24.1) |
| (16.1) |
| (11.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (37.2) | (39.1) | (43.7) | (30.2) | (37.2) | (31.2) | (27.5) | (29.0) | (24.1) | (16.1) | (11.2) |
| Net Income Attributable To Parent | (37.1) | (39.0) | (43.7) | (30.2) | (37.2) | (31.2) | (27.5) | (29.0) | (24.1) | (16.1) | (11.2) |
| Less: Minority Interest | (0.1) | (0.1) | (0.0) | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (37.1) | (39.0) | (43.7) | (30.2) | (37.2) | (31.2) | (27.5) | (29.0) | (24.1) | (16.1) | (11.2) |
| (1.05) |
| (1.38) |
| (1.22) |
| (1.46) |
| (1.58) |
| - |
| - |
| - |
| Shares Basic | 69.6 | 66.0 | 31.7 | 28.7 | 26.9 | 25.5 | 18.8 | 18.4 | - | - | - |
| Shares Diluted | 69.6 | 66.0 | 31.7 | 28.7 | 26.9 | 25.5 | 18.8 | 18.4 | - | - | - |
| (30.6) |
| (35.1) |
| (27.6) |
| (22.3) |
| (26.9) |
| (19.8) |
| (13.6) |
| (9.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.3 |
| 9.8 |
| 9.0 |
| 8.6 |
| 7.6 |
| 6.1 |
| 8.2 |
| 10.7 |
| 11.5 |
| 10.4 |
| 11.5 |
| 9.6 |
| 10.6 |
| 9.7 |
| 9.8 |
| 8.1 |
| 6.6 |
| 6.4 |
| 6.3 |
| 6.4 |
| 6.7 |
| 6.1 |
| 4.7 |
| 4.2 |
| 4.0 |
| 5.3 |
| 4.3 |
| 4.3 |
| 4.3 |
| 4.6 |
| 4.7 |
| 3.2 |
| 3.1 |
| 2.6 |
| 2.3 |
| 1.8 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.8 |
| 18.4 |
| 17.8 |
| 18.0 |
| 17.0 |
| 14.5 |
| 12.2 |
| 14.3 |
| 19.0 |
| 20.1 |
| 18.1 |
| 19.0 |
| 17.0 |
| 17.6 |
| 15.0 |
| 15.2 |
| 12.3 |
| 10.7 |
| 10.4 |
| 1.0 |
| 1.0 |
| 1.0 |
| 1.0 |
| 1.0 |
| 1.0 |
| 1.5 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.8 |
| 0.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.5 |
| 0.3 |
| (1.4) |
| 0.0 |
| (0.1) |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.6) |
| (8.2) |
| (7.5) |
| (7.9) |
| (3.7) |
| (3.4) |
| (7.8) |
| (12.6) |
| (7.6) |
| (6.9) |
| (7.1) |
| (7.5) |
| (6.1) |
| (5.0) |
| (7.5) |
| (5.5) |
| (3.8) |
| (2.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.6) |
| (8.2) |
| (7.5) |
| (7.9) |
| (3.7) |
| (3.4) |
| (7.8) |
| (12.6) |
| (7.6) |
| (6.9) |
| (7.1) |
| (7.5) |
| (6.1) |
| (5.0) |
| (7.5) |
| (5.5) |
| (3.8) |
| (2.9) |
| (10.8) |
| (7.6) |
| (8.2) |
| (7.5) |
| (7.9) |
| (3.7) |
| (3.4) |
| (7.8) |
| (12.6) |
| (7.6) |
| (6.9) |
| (7.1) |
| (7.5) |
| (6.1) |
| (5.0) |
| (7.5) |
| (5.5) |
| (3.8) |
| (2.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.4) |
| (10.8) |
| (7.6) |
| (8.2) |
| (7.5) |
| (7.9) |
| (3.7) |
| (3.4) |
| (7.8) |
| (12.6) |
| (7.6) |
| (6.9) |
| (7.1) |
| (7.5) |
| (6.1) |
| (5.0) |
| (7.5) |
| (5.5) |
| (3.8) |
| (2.9) |
| (0.31) |
| (0.29) |
| (0.31) |
| - |
| (0.18) |
| (0.41) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.3 |
| 25.9 |
| 25.2 |
| - |
| 18.9 |
| 18.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.3 |
| 25.9 |
| 25.2 |
| - |
| 18.9 |
| 18.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.6) |
| (6.9) |
| (2.7) |
| (2.4) |
| (6.9) |
| (10.4) |
| (6.9) |
| (6.3) |
| (6.6) |
| (7.1) |
| (5.7) |
| (4.3) |
| (5.2) |
| (4.6) |
| (2.8) |
| (2.6) |