| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | 51.0 | 37.8 | 27.5 | 24.2 | 20.3 | 24.6 | 25.2 | 21.8 | 18.8 | 23.5 | 20.9 | 21.1 | 17.2 | 18.1 | 16.1 | 16.6 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 140.5 | 109.8 | 90.4 | 82.7 | 64.4 | 48.0 | 11.8 | 0.0 | 1.1 | 8.2 | 17.5 | - |
| Cost of Revenue | 14.3 | 12.4 | 8.9 | 9.4 | 7.7 | 5.2 | 1.0 | - | 1.8 | 0.6 | 0.0 | - |
| Gross Profit | 126.2 | 97.3 | 81.5 | 73.4 | 56.7 | 42.9 | 10.8 | - | (0.7) | 7.6 | 17.5 | - |
| Operating Expenses | ||||||||||||
| Research & Development | 62.8 | 67.1 | 57.1 | 45.6 | 52.9 | 47.6 | 47.3 | 49.3 | 36.9 | 18.7 | - | - |
| Selling General & Administrative | 171.6 | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (108.2) | (124.9) | (96.8) | (65.5) | (79.0) | (92.3) | (126.7) | (109.5) | (77.2) | (20.0) | 0.8 | (12.4) |
| Non-Operating | ||||||||||||
| Interest Income | 4.7 | 6.0 | 8.9 | 2.6 | 0.9 | 0.4 | 2.0 | 4.6 | - | - | - | - |
| Interest Expense | - | - | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | (5.1) | 0.1 | 2.8 | 3.9 | 1.8 | 1.4 | 3.4 | - | 0.1 | 0.0 | - | - |
| Net Income From Continuing Ops | (133.2) | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | (2.65) | (3.19) | (2.96) | (3.55) | (4.81) | (4.96) | - | - | - | - | - | - |
| EPS Diluted | - | - | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | (107.9) | (124.6) | (96.5) | (64.7) | (78.1) | (91.5) | (126.3) | (109.2) | (76.8) | (19.8) | 1.0 | (12.3) |
| EBIT | (108.2) | (124.9) | ||||||||||
| 13.6 |
| 16.2 |
| 11.4 |
| 13.0 |
| 7.5 |
| - |
| 3.5 |
| 0.4 |
| - |
| - |
| - |
| 0.0 |
| - |
| 0.0 |
| 0.3 |
| 0.4 |
| 0.5 |
| - |
| 7.8 |
| - |
| 0.0 |
| Cost of Revenue | 4.1 | 3.3 | 3.3 | 3.6 | 2.3 | 2.5 | 2.5 | 2.2 | 1.7 | 2.3 | 2.4 | 2.4 | 2.3 | 2.3 | 2.0 | 1.8 | 1.5 | 1.6 | 1.2 | 1.4 | 0.9 | - | 0.3 | 0.0 | - | - | - | - | - | 0.0 | 1.1 | 0.3 | 0.4 | - | 0.3 | - | 0.0 |
| Gross Profit | 46.8 | 34.5 | 24.2 | 20.7 | 17.9 | 22.1 | 22.8 | 19.6 | 17.1 | 21.2 | 18.5 | 18.7 | 14.9 | 15.8 | 14.1 | 14.8 | 12.0 | 14.6 | 10.1 | 11.6 | 6.6 | - | 3.2 | 0.3 | - | - | - | - | - | 0.0 | (0.8) | 0.0 | 0.1 | - | 7.5 | - | 0.0 |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | 15.6 | 14.3 | 14.0 | 18.9 | 19.9 | 14.9 | 11.4 | 15.4 | 15.5 | 11.3 | 10.2 | 11.6 | 12.5 | 14.5 | 13.1 | 12.6 | 12.7 | 13.1 | 11.9 | 12.1 | 10.5 | 12.4 | 10.2 | 8.1 | 16.6 | 20.1 | 9.5 | 10.0 | 9.7 | 11.5 | 9.6 | 8.3 | 7.6 | 6.8 | 5.6 | 3.7 | 2.7 |
| Selling General & Administrative | 51.5 | 39.3 | 37.6 | 43.2 | 35.0 | 34.9 | 28.9 | 30.1 | 27.3 | 24.6 | 21.8 | 22.5 | 24.5 | 21.6 | 19.1 | 20.8 | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Depreciation & Amortization | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | |||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (20.3) | (19.1) | (27.4) | (41.4) | (36.9) | (27.7) | (17.5) | (25.8) | (25.7) | (14.6) | (13.5) | (15.4) | (22.0) | (20.3) | (18.1) | (18.7) | (22.0) | (19.9) | (23.4) | (22.8) | (26.1) | (27.3) | (29.1) | (31.8) | (38.6) | (39.8) | (23.5) | (23.8) | (22.4) | (24.0) | (21.1) | (18.4) | (13.6) | (10.2) | (0.3) | (6.0) | (3.5) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | 0.9 | 0.9 | 1.2 | 1.7 | 2.2 | 2.8 | 2.8 | 1.5 | 1.8 | 0.7 | 0.8 | 0.4 | 0.6 | - | 0.4 | - | 0.0 | - | - | - | 0.2 | - | - | - | 0.8 | - | - | - | 1.0 | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Non-Operating Income | (0.3) | (0.0) | (0.2) | (0.4) | (0.1) | (0.1) | (0.2) | 0.2 | (0.2) | 0.8 | 0.1 | (0.0) | (0.0) | - | 0.0 | - | (0.0) | ||||||||||||||||||||
| Pre-Tax Income | (28.3) | (26.6) | (34.4) | (48.9) | (43.5) | (34.9) | (23.6) | (33.4) | (32.2) | (22.2) | (21.9) | (24.1) | (30.2) | (28.2) | (25.1) | (26.7) | |||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | (4.8) | (0.3) | (1.1) | 1.0 | 0.4 | 2.6 | 0.1 | 0.0 | 0.1 | 3.9 | (0.0) | 0.1 | 0.0 | 0.7 | 0.7 | 0.0 | 0.3 | 1.1 | 0.0 | 0.3 | 0.0 | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (23.6) | (26.4) | (33.3) | (49.9) | (43.8) | (37.5) | (23.7) | (33.4) | (32.3) | (26.0) | (21.9) | (24.1) | (30.2) | (28.9) | (25.8) | (26.7) | (28.4) | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | (23.6) | (26.4) | (33.3) | (49.9) | (43.8) | (37.5) | (23.7) | (33.4) | (32.3) | (26.0) | (21.9) | (24.1) | (30.2) | (28.9) | (25.8) | (26.7) | (28.4) | ||||||||||||||||||||
| Net Income Attributable To Parent | (23.6) | (26.4) | (33.3) | (49.9) | (43.8) | (37.5) | (23.7) | (33.4) | (32.3) | (26.0) | (21.9) | (24.1) | (30.2) | (28.9) | (25.8) | (26.7) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | (23.6) | (26.4) | (33.3) | (49.9) | (43.8) | (37.5) | (23.7) | (33.4) | (32.3) | (26.0) | (21.9) | (24.1) | (30.2) | (28.9) | (25.8) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.47) | - | (0.69) | (1.05) | (0.92) | - | (0.51) | (0.82) | (0.87) | - | (0.68) | (1.03) | (1.30) | - | (1.13) | (1.18) | (1.25) | - | (1.35) | (1.17) | (1.17) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Shares Basic | 50.2 | - | 48.1 | 47.7 | 47.4 | - | 46.8 | 40.5 | 37.1 | - | 32.3 | 23.5 | 23.3 | - | 22.8 | 22.7 | 22.6 | - | |||||||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | (20.2) | (19.1) | (27.3) | (41.3) | (36.8) | (27.7) | (17.4) | (25.7) | (25.6) | (14.4) | (13.3) | (15.2) | (21.8) | (20.0) | (17.9) | (18.5) | (21.7) | (19.7) | (23.2) | (22.6) | (25.9) | (27.1) | (29.0) | (31.7) | (38.5) | (39.8) | (23.4) | (23.7) | (22.3) | (24.0) | (21.0) | (18.4) | (13.4) | - | - | - | - |
| EBIT | (20.3) | (19.1) | (27.4) | (41.4) | (36.9) | (27.7) | (17.5) | (25.8) | (25.7) | (14.6) | (13.5) | (15.4) | (22.0) | (20.3) | (18.1) | (18.7) | (22.0) | (19.9) | (23.4) | ||||||||||||||||||
| 155.1 |
| 121.2 |
| 93.3 |
| 82.8 |
| 87.5 |
| 90.2 |
| 60.2 |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | 60.2 | 39.6 | 8.8 | 6.4 | 1.9 |
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.8 | 0.9 | 0.8 | 0.4 | 0.3 | 0.4 | 0.2 | 0.2 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | 109.5 | 76.5 | 27.5 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.9) | (0.7) | (0.2) | 0.8 | 0.1 | (0.2) | - | (0.3) | (0.1) | 0.0 | - | - |
| Pre-Tax Income | (138.3) | (153.4) | (124.0) | (98.3) | (108.0) | (109.4) | (125.1) | (105.1) | (75.5) | (20.0) | (1.9) | (12.7) |
| (153.5) |
| (126.9) |
| (102.2) |
| (109.8) |
| (110.8) |
| (128.5) |
| (105.1) |
| (75.7) |
| (20.0) |
| (1.9) |
| (12.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (133.2) | (153.5) | (126.9) | (102.2) | (109.8) | (110.8) | (128.5) | (105.1) | (75.7) | (20.0) | (1.9) | (12.7) |
| Net Income Attributable To Parent | (133.2) | (153.5) | (126.9) | (102.2) | (109.8) | (110.8) | (128.5) | (105.1) | (75.7) | (20.0) | (1.9) | (12.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | 0.8 | 2.5 | 0.9 |
| Net Income To Common Shareholders | (133.2) | (153.5) | (126.9) | (102.2) | (109.8) | (110.8) | (128.5) | (105.1) | (75.7) | (20.8) | (4.4) | (13.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 50.2 | 48.1 | 42.9 | 28.8 | 22.8 | 22.3 | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - |
| (96.8) |
| (65.5) |
| (79.0) |
| (92.3) |
| (126.7) |
| (109.5) |
| (77.2) |
| (20.0) |
| 0.8 |
| (12.4) |
| 21.3 |
| 21.4 |
| 21.6 |
| 22.3 |
| 22.2 |
| 22.2 |
| 22.1 |
| 24.0 |
| 22.0 |
| 19.7 |
| 14.0 |
| 13.8 |
| 12.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
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| - |
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| - |
| - |
| - |
| - |
| - |
| 19.7 |
| 14.0 |
| 13.8 |
| 12.7 |
| 12.6 |
| 10.7 |
| 10.2 |
| 6.1 |
| 3.4 |
| 2.2 |
| 2.3 |
| 0.9 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.2 |
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| (28.1) |
| (27.3) |
| (30.2) |
| (25.9) |
| (25.9) |
| - |
| (28.8) |
| (31.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.5) |
| (30.2) |
| (26.2) |
| (25.9) |
| (30.5) |
| (28.8) |
| (31.3) |
| (37.8) |
| (39.0) |
| (22.3) |
| (22.5) |
| (21.4) |
| (23.7) |
| (20.5) |
| (18.0) |
| (13.4) |
| (10.1) |
| (0.3) |
| (6.2) |
| (3.4) |
| - |
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| (28.5) |
| (30.2) |
| (26.2) |
| (25.9) |
| (30.5) |
| (28.8) |
| (31.3) |
| (37.8) |
| (39.0) |
| (22.3) |
| (22.5) |
| (21.4) |
| (23.7) |
| (20.5) |
| (18.0) |
| (13.4) |
| (10.1) |
| (0.3) |
| (6.2) |
| (3.4) |
| (28.4) |
| (28.5) |
| (30.2) |
| (26.2) |
| (25.9) |
| (30.5) |
| (28.8) |
| (31.3) |
| (37.8) |
| (39.0) |
| (22.3) |
| (22.5) |
| (21.4) |
| (23.7) |
| (20.5) |
| (18.0) |
| (13.4) |
| (10.1) |
| (0.3) |
| (6.2) |
| (3.4) |
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| 0.2 |
| 0.6 |
| (26.7) |
| (28.4) |
| (28.5) |
| (30.2) |
| (26.2) |
| (25.9) |
| (30.5) |
| (28.8) |
| (31.3) |
| (37.8) |
| (39.0) |
| (22.3) |
| (22.5) |
| (21.4) |
| (23.7) |
| (20.5) |
| (18.0) |
| (13.4) |
| (10.1) |
| (0.3) |
| (6.4) |
| (4.0) |
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| 22.4 |
| 22.3 |
| 22.2 |
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| (22.8) |
| (26.1) |
| (27.3) |
| (29.1) |
| (31.8) |
| (38.6) |
| (39.8) |
| (23.5) |
| (23.8) |
| (22.4) |
| (24.0) |
| (21.1) |
| (18.4) |
| (13.6) |
| (10.2) |
| (0.3) |
| (6.0) |
| (3.5) |