| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 1,630.0 | 1,633.0 | 1,633.0 | 1,550.0 | 1,337.0 | 1,338.0 | 1,305.0 | 1,242.0 | 1,075.0 | 1,036.0 | 1,032.0 | 978.0 | 819.0 | 769.0 | 752.0 | 675.0 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 6,446.0 | 6,153.0 | 4,960.0 | 3,865.0 | 2,731.0 | 1,705.0 | 823.0 | 665.0 |
| Cost of Revenue | 4,752.0 | 4,560.0 | 3,770.0 | 3,031.0 | 2,220.0 | 1,391.0 | 683.0 | 603.0 |
| Gross Profit | 1,694.0 | 1,593.0 | 1,190.0 | 834.0 | 511.0 | 314.0 | 140.0 | 62.0 |
| Operating Expenses | ||||||||
| Research & Development | 387.0 | 374.0 | 351.0 | 358.0 | 282.0 | 163.0 | 109.0 | 64.0 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | 359.0 | 292.0 | 16.0 | (287.0) | (384.0) | (228.0) | (220.0) | (213.0) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | 0.0 | 1.0 | 2.0 |
| Interest Expense | - | - | - | - | - | 12.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 7.0 | 4.0 | 3.0 | 2.0 | (2.0) | (3.0) | 0.0 | (3.0) |
| Net Income From Continuing Ops | 412.0 | 342.0 | 19.0 | (246.0) | (275.0) | |||
| Per Share | ||||||||
| EPS Basic | 0.70 | 0.59 | 0.03 | (0.46) | (0.54) | (1.68) | (1.25) | (1.08) |
| EPS Diluted | 0.68 | 0.56 | 0.03 | (0.47) | (0.72) | (1.68) | ||
| Supplementary Data | ||||||||
| EBITDA | - | 356.0 | 62.0 | (255.0) | (360.0) | (207.0) | (193.0) | (206.0) |
| EBIT | 359.0 | 292.0 | 16.0 | (287.0) | (384.0) | (228.0) | ||
| 535.0 |
| 511.0 |
| 486.0 |
| 426.0 |
| 282.0 |
| 236.8 |
| Cost of Revenue | 1,183.0 | 1,210.0 | 1,201.0 | 1,158.0 | 991.0 | 1,005.0 | 983.0 | 956.0 | 826.0 | 810.0 | 806.0 | 770.0 | 645.0 | 611.0 | 601.0 | 562.0 | 446.0 | 438.0 | 403.0 | 337.0 | 213.0 | 188.4 |
| Gross Profit | 447.0 | 423.0 | 432.0 | 392.0 | 346.0 | 333.0 | 322.0 | 286.0 | 249.0 | 226.0 | 226.0 | 208.0 | 174.0 | 158.0 | 151.0 | 113.0 | 89.0 | 73.0 | 83.0 | 89.0 | 69.0 | 48.3 |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 97.0 | 97.0 | 102.0 | 91.0 | 84.0 | 92.0 | 89.0 | 87.0 | 83.0 | 94.0 | 87.0 | 92.0 | 85.0 | 79.0 | 74.0 | 67.0 | 62.0 | 50.0 | 40.0 | 50.0 | 23.0 | 34.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 156.0 | 153.0 | 144.0 | 141.0 | 133.0 | 129.0 | 119.0 | 115.0 | 107.0 | 102.0 | 100.0 | 100.0 | 99.0 | 87.0 | 84.0 | 77.0 | 71.0 | |||||
| General & Administrative | 84.0 | 84.0 | 102.0 | 79.0 | 79.0 | 78.0 | 80.0 | 75.0 | 74.0 | 86.0 | 98.0 | 96.0 | 82.0 | 91.0 | 78.0 | 68.0 | 57.0 | |||||
| Depreciation & Amortization | 10.0 | - | - | - | 19.0 | - | - | - | 11.0 | - | - | - | 6.0 | - | - | - | ||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | 337.0 | 338.0 | 348.0 | 312.0 | 303.0 | 300.0 | 288.0 | 281.0 | 305.0 | 282.0 | 285.0 | 288.0 | 266.0 | 257.0 | 236.0 | 212.0 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | 110.0 | 85.0 | 84.0 | 80.0 | 43.0 | 33.0 | 34.0 | 5.0 | (56.0) | (56.0) | (59.0) | (80.0) | (92.0) | (99.0) | (85.0) | (99.0) | (101.0) | (117.0) | (55.0) | (51.0) | (5.0) | (38.7) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | 0.1 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | - | - | 0.0 | 0.0 | - | - | 15.0 | 0.0 | - | 3.0 | 0.0 | 0.0 | 0.0 | 1.0 | 1.0 | 0.0 | (1.0) | |||||
| Pre-Tax Income | 131.0 | 101.0 | 104.0 | 83.0 | 58.0 | 33.0 | 57.0 | 14.0 | (82.0) | (35.0) | (31.0) | (97.0) | (81.0) | (98.0) | (102.0) | (54.0) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 5.0 | 0.0 | (1.0) | 3.0 | 2.0 | 1.0 | 1.0 | 0.0 | 1.0 | 1.0 | 0.0 | 1.0 | 0.0 | 2.0 | (4.0) | 0.0 | 0.0 | 1.0 | 0.0 | (4.0) | 0.0 | 0.1 |
| Net Income From Continuing Ops | 126.0 | 101.0 | 105.0 | 80.0 | 56.0 | 32.0 | 56.0 | 14.0 | (83.0) | (36.0) | (31.0) | (98.0) | (81.0) | (100.0) | (98.0) | (54.0) | (23.0) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | 126.0 | 101.0 | 105.0 | 80.0 | 56.0 | 32.0 | 56.0 | 14.0 | (83.0) | (36.0) | (31.0) | (98.0) | (81.0) | (100.0) | (98.0) | (54.0) | (23.0) | |||||
| Net Income Attributable To Parent | 126.0 | 101.0 | 105.0 | 80.0 | 56.0 | 32.0 | 56.0 | 14.0 | (83.0) | (36.0) | (31.0) | (98.0) | (81.0) | (100.0) | (98.0) | (54.0) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | 126.0 | 101.0 | 105.0 | 80.0 | 56.0 | 32.0 | 56.0 | 14.0 | (83.0) | (36.0) | (31.0) | (98.0) | (81.0) | (100.0) | (98.0) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | 0.21 | - | 0.18 | 0.14 | 0.10 | - | 0.10 | 0.03 | (0.15) | - | (0.06) | (0.19) | (0.15) | - | (0.19) | (0.11) | (0.05) | - | (1.06) | (0.64) | (0.48) | (0.31) |
| EPS Diluted | 0.20 | - | 0.16 | 0.13 | 0.09 | - | 0.07 | 0.02 | (0.15) | - | (0.09) | (0.19) | (0.16) | - | (0.19) | (0.11) | (0.20) | - | ||||
| Shares Basic | 587.0 | - | 585.0 | 580.0 | 575.0 | - | 563.0 | 556.0 | 547.0 | - | 535.0 | 529.0 | 524.0 | - | 513.7 | 509.5 | 505.4 | - | ||||
| Shares Diluted | 602.0 | - | 609.0 | 605.0 | 603.0 | - | 590.0 | 587.0 | 547.0 | - | 536.0 | 529.0 | 525.0 | - | 513.7 | 509.5 | 507.0 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | 120.0 | - | - | - | 62.0 | - | - | - | (45.0) | - | - | - | (86.0) | - | - | - | (95.0) | - | - | - | (1.0) | - |
| EBIT | 110.0 | 85.0 | 84.0 | 80.0 | 43.0 | 33.0 | 34.0 | 5.0 | (56.0) | (56.0) | (59.0) | (80.0) | (92.0) | (99.0) | (85.0) | (99.0) | (101.0) | (117.0) | (55.0) | |||
| - |
| - |
| - |
| Selling & Marketing | 594.0 | 571.0 | 470.0 | 401.0 | 319.0 | 190.0 | 138.0 | 128.0 |
| General & Administrative | 349.0 | 344.0 | 307.0 | 362.0 | 294.0 | 189.0 | 113.0 | 83.0 |
| Depreciation & Amortization | - | 64.0 | 46.0 | 32.0 | 24.0 | 21.0 | 27.0 | 7.0 |
| Amortization of Intangibles | - | - | - | - | 5.0 | 4.0 | 4.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 1,335.0 | 1,301.0 | 1,174.0 | 1,121.0 | 895.0 | 542.0 | 360.0 | 275.0 |
| 13.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | 0.0 | 13.0 | 3.0 | 1.0 | 0.0 | (1.0) | 0.0 |
| Pre-Tax Income | 419.0 | 346.0 | 22.0 | (244.0) | (277.0) | (490.0) | (248.0) | (212.0) |
| (487.0) |
| (248.0) |
| (209.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 412.0 | 342.0 | 19.0 | (246.0) | (275.0) | (487.0) | (248.0) | (209.0) |
| Net Income Attributable To Parent | 412.0 | 342.0 | 19.0 | (246.0) | (275.0) | (487.0) | (248.0) | (209.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 412.0 | 342.0 | 19.0 | (246.0) | (275.0) | (487.0) | (249.0) | (209.0) |
| (1.25) |
| (1.08) |
| Shares Basic | 587.0 | 582.0 | 559.0 | 532.0 | 512.0 | 290.0 | 200.0 | 194.8 |
| Shares Diluted | 602.0 | 607.0 | 591.0 | 533.0 | 512.0 | 290.0 | 200.0 | 194.8 |
| (220.0) |
| (213.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| 61.0 |
| 56.0 |
| 41.0 |
| 32.0 |
| 32.2 |
| 79.0 |
| 42.0 |
| 49.0 |
| 19.0 |
| 20.5 |
| 6.0 |
| - |
| - |
| - |
| 4.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 190.0 |
| 190.0 |
| 138.0 |
| 140.0 |
| 74.0 |
| 87.0 |
| 0.2 |
| - |
| - |
| 5.7 |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| (1.0) |
| 0.0 |
| 0.0 |
| 0.1 |
| (23.0) |
| 2.0 |
| (254.0) |
| (139.0) |
| (99.0) |
| (62.5) |
| 1.0 |
| (254.0) |
| (135.0) |
| (99.0) |
| (62.6) |
| - |
| - |
| - |
| - |
| - |
| 1.0 |
| (254.0) |
| (135.0) |
| (99.0) |
| (62.6) |
| (23.0) |
| 1.0 |
| (254.0) |
| (135.0) |
| (99.0) |
| (62.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (54.0) |
| (23.0) |
| 1.0 |
| (254.0) |
| (135.0) |
| (99.0) |
| (62.6) |
| (1.06) |
| (0.64) |
| (0.48) |
| (0.31) |
| 239.4 |
| 211.8 |
| 205.4 |
| 200.6 |
| 239.4 |
| 211.8 |
| 205.4 |
| 200.6 |
| (51.0) |
| (5.0) |
| (38.7) |