Cash Flow Statement

AnnualQuarterly

(in millions of USD)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Net Income
Net Income	(83.0)	(90.6)	(111.1)	(124.1)	(123.7)	(72.7)	(38.4)
Cash From Operating Activities
Depreciation & Amortization	7.5	8.4	8.5	8.7	6.5	3.0	2.5
Amortization Of Intangibles	-	-	-	-	-	-	-
Stock-Based Compensation	11.5	13.0	16.5	15.3	11.5	3.0	0.7
Deffered Income Tax	-	-	-	-	-	-	-
Asset Impairments	-	-	-	-	-	-	-
Gains & Losses On Investments	-	-	-	-	-	-	-
Change In Accounts Receivable	-	-	-	-	-	-	-
Change In Inventory	-	-	-	-	-	-	-
Change In Accounts Payable	-	(1.4)	(0.6)	(3.3)	1.7	8.6	0.1
Change In Other Working Capital	-	-	-	-	-	-	-
Other Operating Activities	-	(0.4)	(0.4)	(0.2)	(0.2)	(0.1)	-
Cash From Operating Activities	-	(68.3)	(90.5)	(102.1)	(104.4)	(60.8)	(35.4)
Cash From Investing Activities
Capital Expenditures	-	0.6	1.0	1.2	20.6	25.1	9.8
Acquisitions	-	-	-	-	-	-	-
Divestitures	-	-	-	-	-	-	-
Purchase Of Investments	-	0.0	87.1	56.6	140.5	213.4	-
Sales Of Investments	-	45.7	81.2	106.6	244.8	-	2.8
Other Investing Activities	-	0.0	(0.0)	0.0	(0.0)	-	-
Cash From Investing Activities	-	56.1	1.1	48.7	83.7	(238.6)	(7.0)
Cash From Financing Activities
Debt Issued	-	-	-	-	-	-	-
Debt Repaid	-	-	-	-	-	-	-
Common Stock Issuance	-	-	-	3.9	-	-	-
Common Stock Repurchased	-	-	-	-	-	0.0	0.0
Dividends Paid	-	-	-	-	-	-	-
Other Financing Activities	-	-	-	-	-	-	-
Cash From Financing Activities	-	108.4	47.7	4.0	77.8	209.0	147.3
Change In Cash & Equivalents
Effects Of Exchange Rate Changes	-	-	-	-	-	-	-
Net Change In Cash	-	96.2	(41.6)	(49.3)	57.0	(90.4)	104.8
Cash Beginning Of Period	-	-	-	-	-	-	-
Cash End Of Period	-	-	-	-	-	-	-
Free Cash Flow
Free Cash Flow	-	(68.9)	(91.5)	(103.3)	(125.1)	(85.9)	(45.2)
Free Cash Flow To Equity	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	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
Net Income
Net Income	(19.3)	(20.2)	(20.3)	(23.3)	(26.9)	(23.8)	(25.6)	(29.4)	(32.2)	(29.9)	(29.1)	(33.3)	(31.7)	(33.5)	(30.7)	(28.4)	(31.1)	(26.2)	(18.3)	(15.2)	(13.1)	(10.3)	(10.3)	(8.7)	(9.1)
Cash From Operating Activities
Depreciation & Amortization	1.8	1.8	1.9	2.1	2.7	2.1	2.1	2.1	2.2	2.2	2.2	2.2	2.1	2.1	2.1	1.3	1.0	0.9	0.7	0.7	0.7	-	0.6	0.6	-
Amortization Of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-Based Compensation	2.2	2.7	2.9	3.6	3.7	3.8	3.9	4.6	4.2	3.9	4.0	3.8	3.5	3.2	3.2	3.0	2.1
Deffered Income Tax	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Impairments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains & Losses On Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Accounts Receivable	10.6	-	-	-	0.0	-	-	-	-	-	-	-	-	-	-	-	-
Change In Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Accounts Payable	(1.5)	-	-	-	(0.4)	-	-	-	1.3	-	-	-	(1.3)	-	-	-	(1.8)
Change In Other Working Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Activities	(0.0)	-	-	-	(0.2)	-	-	-	(0.1)	-	-	-	(0.1)	-	-	-	-
Cash From Operating Activities	(19.2)	-	-	-	(23.1)	-	-	-	(28.7)	-	-	-	(30.3)	-	-
Cash From Investing Activities
Capital Expenditures	0.0	-	-	-	0.4	-	-	-	0.6	-	-	-	0.6	-	-	-	8.6	-	-	-	4.3	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Divestitures	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase Of Investments	-	-	-	-	-	-	-	-	23.6	-	-	-	25.8	-	-	-	43.2
Sales Of Investments	0.0	-	-	-	11.7	-	-	-	19.7	-	-	-	34.5	-	-	-	68.2
Other Investing Activities	-	-	-	-	-	-	-	-	(0.0)	-	-	-	0.0	-	-	-	-
Cash From Investing Activities	(0.0)	-	-	-	22.3	-	-	-	(4.5)	-	-	-	8.1	-	-
Cash From Financing Activities
Debt Issued	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Repaid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Issuance	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock Repurchased	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Financing Activities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash From Financing Activities	(0.4)	-	-	-	50.3	-	-	-	46.8	-	-	-	(0.5)	-	-
Change In Cash & Equivalents
Effects Of Exchange Rate Changes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Change In Cash	(19.7)	-	-	-	49.4	-	-	-	13.6	-	-	-	(22.7)	-	-	-	(12.3)	-
Cash Beginning Of Period	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash End Of Period	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow
Free Cash Flow	(19.2)	-	-	-	(23.5)	-	-	-	(29.2)	-	-	-	(30.9)	-	-	-	(37.4)	-	-	-	(20.1)	-	-	-	-
Free Cash Flow To Equity	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)

TTM

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

Net Income

(83.0)

(90.6)

(111.1)

(124.1)

(123.7)

(72.7)

(38.4)

Cash From Operating Activities

Depreciation & Amortization

7.5

8.4

8.5

8.7

6.5

3.0

2.5

Amortization Of Intangibles

Stock-Based Compensation

11.5

13.0

16.5

15.3

11.5

3.0

0.7

Deffered Income Tax

Asset Impairments

Gains & Losses On Investments

Change In Accounts Receivable

Change In Inventory

Change In Accounts Payable

(1.4)

(0.6)

(3.3)

1.7

8.6

0.1

Change In Other Working Capital

Other Operating Activities

(0.4)

(0.2)

(0.1)

Cash From Operating Activities

(68.3)

(90.5)

(102.1)

(104.4)

(60.8)

(35.4)

Cash From Investing Activities

Capital Expenditures

0.6

1.0

1.2

20.6

25.1

9.8

Acquisitions

Divestitures

Purchase Of Investments

0.0

87.1

56.6

140.5

213.4

Sales Of Investments

45.7

81.2

106.6

244.8

2.8

Other Investing Activities

0.0

(0.0)

0.0

(0.0)

Cash From Investing Activities

56.1

1.1

48.7

83.7

(238.6)

(7.0)

Cash From Financing Activities

Debt Issued

Debt Repaid

Common Stock Issuance

3.9

Common Stock Repurchased

0.0

Dividends Paid

Other Financing Activities

Cash From Financing Activities

108.4

47.7

4.0

77.8

209.0

147.3

Change In Cash & Equivalents

Effects Of Exchange Rate Changes

Net Change In Cash

96.2

(41.6)

(49.3)

57.0

(90.4)

104.8

Cash Beginning Of Period

Cash End Of Period

Free Cash Flow

(68.9)

(91.5)

(103.3)

(125.1)

(85.9)

(45.2)

Free Cash Flow To Equity

(in millions of USD)

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

Net Income

(19.3)

(20.2)

(20.3)

(23.3)

(26.9)

(23.8)

(25.6)

(29.4)

(32.2)

(29.9)

(29.1)

(33.3)

(31.7)

(33.5)

(30.7)

(28.4)

(31.1)

(26.2)

(18.3)

(15.2)

(13.1)

(10.3)

(8.7)

(9.1)

Cash From Operating Activities

Depreciation & Amortization

1.8

1.9

2.1

2.7

2.1

2.2

2.1

1.3

1.0

0.9

0.7

0.6

Amortization Of Intangibles

Stock-Based Compensation

2.2

2.7

2.9

3.6

3.7

3.8

3.9

4.6

4.2

3.9

4.0

3.8

3.5

3.2

3.0

2.1

Deffered Income Tax

Asset Impairments

Gains & Losses On Investments

Change In Accounts Receivable

10.6

0.0

Change In Inventory

Change In Accounts Payable

(1.5)

(0.4)

1.3

(1.3)

(1.8)

Change In Other Working Capital

Other Operating Activities

(0.0)

(0.2)

(0.1)

Cash From Operating Activities

(19.2)

(23.1)

(28.7)

(30.3)

Cash From Investing Activities

Capital Expenditures

0.0

0.4

0.6

8.6

4.3

Acquisitions

Divestitures

Purchase Of Investments

23.6

25.8

43.2

Sales Of Investments

0.0

11.7

19.7

34.5

68.2

Other Investing Activities

(0.0)

0.0

Cash From Investing Activities

(0.0)

22.3

(4.5)

8.1

Cash From Financing Activities

Debt Issued

Debt Repaid

Common Stock Issuance

Common Stock Repurchased

Dividends Paid

Other Financing Activities

Cash From Financing Activities

(0.4)

50.3

46.8

(0.5)

Change In Cash & Equivalents

Effects Of Exchange Rate Changes

Net Change In Cash

(19.7)

49.4

13.6

(22.7)

(12.3)

Cash Beginning Of Period

Cash End Of Period

Free Cash Flow

(19.2)

(23.5)

(29.2)

(30.9)

(37.4)

(20.1)

Free Cash Flow To Equity