| (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 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 5.3 | 5.7 | 3.6 | 2.1 | 1.3 | 0.7 | 0.1 | 0.0 | 0.0 | (1.6) | 0.0 | 1.6 | 0.0 | (5.1) | 0.0 | 2.4 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | 16.7 | 12.8 | 0.9 | 0.1 | 0.0 | 10.5 | 10.0 | 9.1 | 0.0 | 0.0 | - | - | - | - |
| Cost of Revenue | 4.8 | 3.9 | 0.2 | 0.0 | 3.3 | 4.5 | 4.8 | 4.9 | 0.1 | 0.0 | - | - | - | - |
| Gross Profit | 11.9 | 8.9 | 0.7 | 0.0 | (3.3) | 6.0 | 5.2 | 4.2 | (0.0) | (0.0) | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | - | - | - | - | 5.2 | 12.3 | 7.9 | 4.3 | 1.0 | 0.4 | 0.3 | 0.2 | 0.2 | 0.5 |
| Operating Income | ||||||||||||||
| Operating Income | (37.7) | (36.4) | (11.6) | (13.8) | (18.9) | (33.7) | (24.7) | (15.8) | (7.8) | (4.7) | (3.1) | (6.8) | (4.9) | (4.6) |
| Non-Operating | ||||||||||||||
| Interest Income | 1.3 | 1.0 | 0.7 | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | - | (0.2) | - | - | - | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | - | - | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | (4.09) | (5.96) | (19.36) | (441.48) | (6.68) | (0.55) | - | - | - | - | - | - | - | - |
| EPS Diluted | ||||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | (36.6) | (35.1) | (10.6) | (11.5) | (17.8) | (32.0) | (23.2) | (14.8) | (7.8) | (4.7) | (3.1) | (6.4) | (4.9) | (4.6) |
| EBIT | ||||||||||||||
| 2.7 |
| 2.7 |
| 2.9 |
| 2.4 |
| 2.5 |
| 2.1 |
| 2.9 |
| 2.7 |
| 2.4 |
| 2.5 |
| 2.9 |
| 3.7 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| Cost of Revenue | 1.3 | 2.0 | 0.9 | 0.6 | 0.3 | 0.1 | 0.1 | 0.0 | 0.0 | (0.7) | 0.0 | 0.0 | 0.7 | 1.5 | 0.0 | 0.8 | 1.0 | 1.1 | 1.1 | 1.1 | 1.2 | 1.3 | 1.3 | 1.1 | 1.1 | 1.3 | 1.5 | 2.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Gross Profit | 4.0 | 3.7 | 2.7 | 1.5 | 1.0 | 0.6 | 0.1 | 0.0 | 0.0 | (0.9) | 0.0 | 1.6 | (0.7) | (6.6) | 0.0 | 1.6 | 1.7 | 1.6 | 1.8 | 1.3 | 1.3 | 0.8 | 1.6 | 1.5 | 1.3 | 1.2 | 1.4 | 1.7 | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | 0.6 | 0.9 | 1.4 | 1.4 | 1.6 | 2.7 | 3.5 | 3.2 | 2.9 | 2.6 | 2.4 | 1.6 | 1.3 | 1.2 | 1.2 | 1.3 | 0.6 | 0.5 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 7.8 | 9.4 | 24.1 | 4.1 | 3.3 | 4.0 | 2.1 | 2.1 | 3.0 | 2.4 | 2.9 | 2.7 | 3.5 | 0.8 | 5.1 | 4.8 | 7.0 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.6 | 0.6 | 0.6 | 0.6 | 0.2 | 0.4 | 0.0 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.4 | 0.4 | 0.4 | 0.4 | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 7.8 | 15.5 | 25.3 | 5.1 | 3.4 | 4.4 | 2.4 | 2.4 | 3.2 | 3.0 | 3.4 | 3.3 | 4.1 | (0.5) | 5.6 | 4.8 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (3.9) | (9.1) | (21.7) | (2.9) | (2.7) | (3.7) | (2.3) | (2.4) | (3.2) | (3.0) | (3.4) | (3.3) | (4.1) | (1.2) | (5.6) | (4.8) | (7.3) | (7.3) | (8.2) | (8.9) | (9.3) | (8.5) | (7.9) | (4.5) | (3.9) | (5.9) | (3.6) | (3.5) | (2.8) | (2.1) | (0.7) | 0.4 | (5.4) | (1.4) | (1.2) | (1.4) | (0.7) | (0.5) | (0.9) | (1.1) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.3 | 0.5 | 0.3 | 0.1 | 0.1 | - | 0.2 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | (0.0) | 0.3 | 0.4 | 0.8 | 0.9 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | (87.1) | (233.6) | 120.8 | 0.3 | 0.2 | 0.3 | 0.3 | 0.7 | (0.2) | 0.1 | (0.2) | (0.5) | (0.5) | 2.0 | (0.1) | 0.7 | 0.3 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | 14.4 | (0.3) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (91.0) | (242.7) | 99.1 | (2.6) | (2.4) | (3.4) | (2.0) | (1.7) | (3.4) | (2.9) | (3.5) | (3.8) | (4.6) | 0.8 | (5.7) | (4.1) | (7.0) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | (0.0) | (0.2) | (6.1) | (0.9) | - | - | - | - | |||||||||||||||||||||||
| Net Income | (91.0) | (228.3) | 84.7 | (2.4) | (2.4) | (3.4) | (2.0) | (1.7) | (3.4) | (6.7) | (3.7) | (6.1) | (5.5) | (20.2) | (8.0) | (2.2) | (7.0) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (91.0) | (227.9) | 84.3 | (2.4) | (2.6) | (3.2) | (2.0) | (1.7) | (3.4) | (2.9) | (3.7) | (9.9) | (5.5) | (16.0) | (8.0) | (6.4) | ||||||||||||||||||||||||
| Less: Minority Interest | 0.1 | (0.4) | 0.4 | 0.0 | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | 0.1 | 0.1 | - | 0.0 | 0.1 | 0.1 | 0.1 | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (91.0) | (227.9) | 83.3 | (2.5) | (2.6) | (3.4) | (2.7) | (1.8) | (3.5) | (2.9) | (3.7) | (9.9) | (5.7) | (16.3) | (8.0) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.56) | - | 2.23 | (1.79) | (2.51) | - | (3.82) | (3.35) | (22.60) | - | (130.64) | (0.94) | (1.35) | - | (3.14) | (2.63) | (3.66) | - | (0.14) | (0.19) | (0.16) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.56) | - | 2.23 | (1.79) | (2.51) | - | (3.82) | (3.35) | (22.60) | - | (130.64) | (0.94) | (1.35) | - | (3.14) | (2.63) | - | - | ||||||||||||||||||||||
| Shares Basic | 58.2 | - | 37.3 | 1.4 | 1.0 | - | 0.7 | 0.5 | 0.2 | - | 0.0 | 4.0 | 3.6 | - | 2.6 | 2.4 | 1.9 | - | ||||||||||||||||||||||
| Shares Diluted | 58.2 | - | 37.3 | 1.4 | 1.0 | - | 0.7 | 0.5 | 0.2 | - | 0.0 | 4.0 | 3.6 | - | 2.6 | 2.4 | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (3.9) | (8.8) | (21.4) | (2.6) | (2.4) | (3.4) | (2.0) | (2.1) | (3.0) | (2.4) | (2.8) | (2.7) | (3.5) | (1.0) | (5.1) | (4.8) | (6.9) | (6.8) | (7.8) | (8.5) | (8.9) | (8.1) | (7.5) | (4.1) | (3.5) | (6.0) | (3.1) | (2.9) | (2.8) | (2.1) | (0.7) | 0.4 | (5.4) | - | - | - | (0.7) | - | - | - |
| EBIT | (3.9) | (9.1) | (21.7) | (2.9) | (2.7) | (3.7) | (2.3) | (2.4) | (3.2) | (3.0) | (3.4) | (3.3) | (4.1) | (1.2) | (5.6) | (4.8) | (7.3) | (7.3) | (8.2) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 45.4 | 40.9 | 11.2 | 11.5 | 17.8 | 25.7 | 20.5 | 14.7 | 6.8 | 4.3 | 2.9 | 5.2 | 4.7 | 4.1 |
| Depreciation & Amortization | 1.0 | 1.3 | 1.1 | 2.3 | 1.1 | 1.7 | 1.5 | 1.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 |
| Amortization of Intangibles | - | 0.2 | 0.0 | - | 1.4 | 1.5 | 1.3 | 1.0 | - | - | - | 0.3 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 53.7 | 49.2 | 12.5 | 13.9 | 18.9 | 39.7 | 29.9 | 20.1 | 7.8 | (4.7) | (3.1) | 6.8 | - | - |
| - |
| 0.0 |
| 0.2 |
| 1.2 |
| 1.4 |
| 2.6 |
| 0.9 |
| 0.2 |
| 0.4 |
| 0.6 |
| 0.3 |
| 0.2 |
| 0.3 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (199.5) | (112.2) | 1.1 | (1.0) | 2.9 | (0.8) | (0.2) | (0.1) | (4.3) | (2.6) | (1.1) | (0.2) | - | - |
| Pre-Tax Income | - | (148.6) | (10.5) | - | - | (34.5) | (25.0) | (15.9) | - | - | - | - | - | - |
| (237.1) |
| (148.6) |
| (10.5) |
| (14.8) |
| (16.0) |
| (34.5) |
| (25.0) |
| (15.9) |
| (12.1) |
| (7.3) |
| (4.3) |
| (7.0) |
| (5.2) |
| (4.6) |
| Net Income From Discontinued Ops | - | - | - | (7.2) | (21.5) | - | - | - | - | - | - | - | - | - |
| Net Income | (236.9) | (148.4) | (10.5) | (22.0) | (37.4) | (34.5) | (25.0) | (15.9) | (12.1) | (7.3) | (4.3) | (7.0) | (5.2) | (4.6) |
| Net Income Attributable To Parent | (237.0) | (148.5) | (10.3) | (22.0) | (37.4) | (34.5) | (25.0) | (15.9) | (12.1) | (7.3) | (4.3) | (7.0) | (5.2) | (4.6) |
| Less: Minority Interest | 0.0 | 0.1 | (0.2) | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | 0.2 | 0.2 | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (238.1) | (149.6) | (11.5) | (22.2) | (37.7) | (34.8) | (28.9) | (15.9) | (12.1) | (7.3) | (4.3) | (7.0) | (5.2) | (4.6) |
| (4.09) |
| (5.96) |
| (19.36) |
| (441.48) |
| (6.68) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 58.2 | 25.1 | 0.6 | 0.0 | 2.4 | 63.3 | - | - | - | - | - | - | - | - |
| Shares Diluted | 58.2 | 25.1 | 0.6 | 0.0 | 2.4 | - | - | - | - | - | - | - | - | - |
| (37.7) |
| (36.4) |
| (11.6) |
| (13.8) |
| (18.9) |
| (33.7) |
| (24.7) |
| (15.8) |
| (7.8) |
| (4.7) |
| (3.1) |
| (6.8) |
| (4.9) |
| (4.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.7 |
| 6.1 |
| 6.5 |
| 7.3 |
| 6.3 |
| 6.7 |
| 4.0 |
| 3.5 |
| 6.0 |
| 3.3 |
| 3.3 |
| 2.2 |
| 1.5 |
| 0.5 |
| (0.5) |
| 5.3 |
| 1.3 |
| 1.1 |
| 1.4 |
| 0.6 |
| 0.5 |
| 0.9 |
| 1.0 |
| 0.4 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| (0.0) |
| 0.5 |
| 0.6 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| 2.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.0 |
| 8.9 |
| 10.0 |
| 10.2 |
| 10.6 |
| 9.3 |
| 9.5 |
| 6.0 |
| 5.2 |
| 7.1 |
| 5.0 |
| 5.2 |
| 2.8 |
| 12.9 |
| 0.7 |
| (0.4) |
| (5.4) |
| (1.4) |
| (1.2) |
| (1.4) |
| (0.7) |
| - |
| 0.9 |
| 1.1 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.8 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.3 |
| 0.1 |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.7 |
| (0.6) |
| (2.9) |
| 1.0 |
| (3.8) |
| 0.6 |
| 1.1 |
| 1.9 |
| (1.5) |
| 0.5 |
| 1.1 |
| (0.2) |
| (1.8) |
| (0.8) |
| 1.4 |
| (3.1) |
| (1.1) |
| (0.7) |
| (0.7) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.5) |
| (8.8) |
| (11.8) |
| (8.3) |
| (12.3) |
| (7.3) |
| (3.4) |
| (1.9) |
| (7.5) |
| (3.1) |
| (2.3) |
| (3.0) |
| (3.9) |
| (1.5) |
| 1.8 |
| (8.5) |
| (2.4) |
| (1.9) |
| (2.1) |
| (0.9) |
| (1.2) |
| (1.1) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.5) |
| (8.8) |
| (11.8) |
| (8.3) |
| (12.3) |
| (7.3) |
| (3.4) |
| (1.9) |
| (7.5) |
| (3.1) |
| (2.3) |
| (3.0) |
| (3.9) |
| (1.5) |
| 1.8 |
| (8.5) |
| (2.4) |
| (1.9) |
| (2.1) |
| (0.9) |
| (1.2) |
| (1.1) |
| (1.3) |
| (7.0) |
| (5.5) |
| (8.8) |
| (11.8) |
| (8.3) |
| (12.3) |
| (7.3) |
| (3.4) |
| (1.9) |
| (7.5) |
| (3.1) |
| (2.3) |
| (3.0) |
| (3.9) |
| (1.5) |
| 1.8 |
| (8.5) |
| (2.4) |
| (1.9) |
| (2.1) |
| (0.9) |
| (1.2) |
| (1.1) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.4) |
| (7.0) |
| (5.5) |
| (9.2) |
| (11.8) |
| (8.3) |
| (12.3) |
| (7.3) |
| (3.4) |
| (5.9) |
| (7.5) |
| (3.1) |
| (2.3) |
| (3.0) |
| (3.9) |
| (1.5) |
| 1.8 |
| (8.5) |
| (2.4) |
| (1.9) |
| (2.1) |
| (0.9) |
| (1.2) |
| (1.1) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 66.8 |
| 63.1 |
| 52.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.9) |
| (9.3) |
| (8.5) |
| (7.9) |
| (4.5) |
| (3.9) |
| (5.9) |
| (3.6) |
| (3.5) |
| (2.8) |
| (2.1) |
| (0.7) |
| 0.4 |
| (5.4) |
| (1.4) |
| (1.2) |
| (1.4) |
| (0.7) |
| (0.5) |
| (0.9) |
| (1.1) |