| (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 | Q1 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 25.2 | 30.0 | 30.6 | 24.1 | 18.8 | 17.3 | 14.2 | 12.7 | 9.8 | 9.2 | 17.1 | 68.8 | 50.1 | - | 22.8 | 17.6 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 109.9 | 103.5 | 54.0 | 145.2 | 81.3 | - | - |
| Cost of Revenue | 61.9 | 59.2 | 58.2 | 93.9 | 56.6 | - | - |
| Gross Profit | 48.0 | 44.4 | (4.2) | 51.3 | 24.8 | - | - |
| Operating Expenses | |||||||
| Research & Development | 9.7 | 9.2 | 9.9 | 9.5 | 5.7 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (2.9) | (4.5) | (52.0) | (8.3) | (0.9) | (0.4) | (0.0) |
| Non-Operating | |||||||
| Interest Income | - | 0.9 | 0.9 | 2.3 | 0.2 | 0.0 | - |
| Interest Expense | 8.1 | 11.0 | 11.4 | 8.1 | 1.5 | - | - |
| Tax & Net | |||||||
| Income Tax Expense | 0.1 | 0.6 | 0.1 | 0.1 | 0.1 | - | - |
| Net Income From Continuing Ops | 3.4 | (1.9) | (62.7) | (4.4) | (13.4) | (0.4) | |
| Per Share | |||||||
| EPS Basic | 0.05 | (0.03) | (1.04) | (0.08) | (2.71) | - | - |
| EPS Diluted | 0.05 | (0.03) | (1.04) | (0.14) | (2.71) | - | - |
| Supplementary Data | |||||||
| EBITDA | (1.7) | (3.2) | (50.8) | (7.2) | (0.3) | - | - |
| EBIT | (2.9) | (4.5) | (52.0) | (8.3) | (0.9) | (0.4) | (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 14.4 | 16.7 | 17.6 | 13.3 | 11.7 | 29.8 | 12.5 | 8.8 | 7.0 | 6.4 | 12.9 | 42.9 | 31.7 | - | 16.2 | 12.1 | - | - | - | - | - | - | - |
| Gross Profit | 10.8 | 13.4 | 13.1 | 10.8 | 7.2 | (12.6) | 1.8 | 3.9 | 2.8 | 2.9 | 4.2 | 25.9 | 18.4 | - | 6.6 | 5.5 | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 2.6 | 2.3 | 2.5 | 2.3 | 2.2 | 2.3 | 2.4 | 2.7 | 2.5 | 2.4 | 2.4 | 2.4 | 2.2 | - | 1.6 | 1.4 | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | 4.5 | 4.6 | 4.5 | 4.4 | 3.9 | 3.9 | 4.4 | 4.1 | 4.6 | 5.7 | 5.6 | 5.2 | 4.8 | - | 3.0 | 2.3 | - | ||||||
| General & Administrative | 6.1 | 6.1 | 5.4 | 5.6 | 5.1 | 5.4 | 5.4 | 5.5 | 4.8 | 8.2 | 7.4 | 9.7 | 3.6 | - | 4.1 | 1.2 | - | ||||||
| Depreciation & Amortization | 0.3 | 0.5 | 0.2 | 0.2 | 0.4 | 0.4 | 0.2 | 0.3 | 0.3 | 0.5 | 0.2 | 0.2 | 0.2 | - | 0.2 | 0.1 | |||||||
| Amortization of Intangibles | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | (0.0) | 0.1 | 0.1 | 0.0 | - | 0.0 | 0.0 | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 13.2 | 13.0 | 12.4 | 12.3 | 11.2 | 11.5 | 12.2 | 12.3 | 11.9 | 16.4 | 15.4 | 17.2 | 10.5 | - | 8.7 | 4.9 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (2.4) | 0.3 | 0.6 | (1.5) | (4.0) | (24.1) | (10.4) | (8.4) | (9.1) | (13.5) | (11.2) | 8.7 | 7.8 | 0.7 | (2.1) | 0.6 | (0.2) | (0.3) | (0.1) | (0.0) | (0.0) | (0.0) | - |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | 0.2 | (0.5) | 0.5 | 0.2 | 0.0 | - | 0.0 | - | - | - | - |
| Interest Expense | 0.0 | 2.4 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.9 | 2.8 | 8.6 | (2.9) | 1.6 | 0.8 | - | (0.4) | (0.4) | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 0.5 | 11.3 | (2.6) | (2.8) | (2.7) | (2.6) | (2.7) | (2.9) | (2.4) | (1.1) | 51.2 | (41.8) | (0.9) | (6.9) | 0.3 | 0.4 | 0.0 | ||||||
| Pre-Tax Income | (1.9) | 11.6 | (1.9) | (4.3) | (6.7) | (26.7) | (13.1) | (11.3) | (11.5) | (7.4) | 40.0 | (33.1) | (0.3) | (4.6) | (2.4) | 0.2 | |||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | (0.2) | (0.1) | 0.2 | 0.2 | 0.3 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 11.0 | (10.9) | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (1.8) | 11.7 | (2.2) | (4.4) | (7.0) | (26.8) | (13.1) | (11.3) | (11.5) | (14.8) | 29.1 | (23.4) | 4.8 | (7.6) | (4.5) | (1.2) | (0.1) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (1.8) | 11.7 | (2.2) | (4.4) | (7.0) | (26.8) | (13.1) | (11.3) | (11.5) | (7.5) | 29.1 | (22.2) | (0.4) | 2.2 | (2.4) | 0.2 | (0.1) | ||||||
| Net Income Attributable To Parent | (1.8) | 11.7 | (2.2) | (4.4) | (7.0) | (26.8) | (13.1) | (11.3) | (11.5) | (14.8) | 29.1 | (22.2) | 6.9 | 0.9 | (2.4) | 0.2 | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | 1.2 | 2.2 | - | 2.1 | 1.4 | - | ||||||
| Net Income To Common Shareholders | (1.8) | 11.7 | (2.2) | (4.4) | (7.0) | (26.8) | (13.1) | (11.3) | (11.5) | (9.2) | 29.1 | (23.4) | 0.6 | (2.0) | (4.5) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.02) | - | (0.03) | (0.07) | (0.11) | - | (0.22) | (0.19) | (0.19) | - | 0.50 | (0.84) | 0.09 | - | (0.92) | (0.24) | - | - | - | - | - | - | - |
| EPS Diluted | (0.02) | - | (0.03) | (0.07) | (0.11) | - | (0.22) | (0.19) | (0.19) | - | (0.27) | (0.84) | 0.05 | - | (0.92) | (0.24) | - | - | |||||
| Shares Basic | 72.6 | - | 65.7 | 62.3 | 61.7 | - | 60.6 | 60.4 | 59.4 | - | 58.4 | 27.8 | 6.5 | - | 4.9 | 4.8 | - | - | |||||
| Shares Diluted | 72.6 | - | 65.7 | 62.3 | 61.7 | - | 60.6 | 60.4 | 59.4 | - | 68.4 | 27.8 | 11.0 | - | 4.9 | 4.8 | - | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (2.1) | 0.8 | 0.8 | (1.3) | (3.6) | (23.7) | (10.2) | (8.1) | (8.8) | (13.1) | (11.0) | 8.9 | 8.1 | - | (1.9) | 0.7 | - | - | - | - | - | - | - |
| EBIT | (2.4) | 0.3 | 0.6 | (1.5) | (4.0) | (24.1) | (10.4) | (8.4) | (9.1) | (13.5) | (11.2) | 8.7 | 7.8 | 0.7 | (2.1) | 0.6 | (0.2) | (0.3) | (0.1) | ||||
| - |
| Selling & Marketing | 18.0 | 17.4 | 16.9 | 21.3 | 11.0 | - | - |
| General & Administrative | 23.2 | 22.2 | 21.1 | 28.8 | 9.0 | - | - |
| Depreciation & Amortization | 1.2 | 1.3 | 1.2 | 1.1 | 0.6 | - | - |
| Amortization of Intangibles | 0.3 | 0.3 | 0.3 | 0.2 | 0.0 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 50.9 | 48.9 | 47.8 | 59.6 | 25.7 | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 6.4 | 3.2 | (10.6) | 7.4 | (6.1) | 0.0 | - |
| Pre-Tax Income | 3.5 | (1.3) | (62.6) | (0.8) | (7.0) | (0.4) | - |
| (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | 3.4 | (1.9) | (62.7) | (1.0) | (0.2) | (0.4) | (0.0) |
| Net Income Attributable To Parent | 3.4 | (1.9) | (62.7) | (1.0) | (7.0) | (0.4) | (0.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | 3.4 | 6.3 | - | - |
| Net Income To Common Shareholders | 3.4 | (1.9) | (62.7) | (3.0) | (13.4) | (0.4) | (0.0) |
| Shares Basic | 72.6 | 65.0 | 60.3 | 38.0 | 4.9 | - | - |
| Shares Diluted | 72.6 | 65.0 | 60.3 | 43.2 | 4.9 | - | - |
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| 0.0 |
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| (0.3) |
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| (5.7) |
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| (1.2) |
| (5.7) |
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