| (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 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||||
| Revenues | 1.1 | 1.4 | 1.5 | 1.0 | 0.8 | 0.9 | 0.6 | 1.6 | 1.5 | 0.6 | 3.6 | 1.2 | 0.7 | 3.6 | 1.7 | 1.2 | |||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 5.0 | 4.7 | 4.5 | 6.1 | 8.0 | 7.7 | 3.9 | 0.7 | 0.0 | 0.0 |
| Cost of Revenue | 2.2 | 2.0 | 2.0 | 3.2 | 4.3 | 5.7 | 2.6 | 0.4 | 0.0 | 0.0 |
| Gross Profit | 2.8 | 2.7 | 2.5 | 2.9 | 3.7 | 2.0 | 1.3 | 0.3 | 0.0 | 0.0 |
| Operating Expenses | ||||||||||
| Research & Development | (0.2) | 0.1 | 2.3 | 3.3 | 5.1 | 6.2 | 2.8 | 2.2 | 0.7 | 0.3 |
| Selling General & Administrative | 17.3 | 16.1 | 15.7 | |||||||
| Operating Income | ||||||||||
| Operating Income | (14.3) | (13.5) | (15.6) | (18.7) | (17.7) | (24.5) | (13.1) | (8.6) | (3.3) | (0.8) |
| Non-Operating | ||||||||||
| Interest Income | 0.0 | 0.0 | 0.2 | 0.4 | 0.1 | 0.0 | 0.1 | 0.3 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (15.0) | (10.3) | (5.9) | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.30) | (0.22) | (0.16) | (0.72) | (0.43) | (0.62) | - | - | (0.14) | (0.04) |
| EPS Diluted | (0.30) | (0.22) | (0.16) | (0.72) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (13.8) | (12.9) | (14.7) | (17.9) | (17.0) | (24.0) | (12.9) | (8.6) | (3.3) | (0.8) |
| EBIT | (14.3) | (13.5) | (15.6) | (18.7) | ||||||
| 1.6 |
| 2.4 |
| 1.8 |
| 1.9 |
| 1.5 |
| 2.1 |
| 1.0 |
| 0.8 |
| 0.0 |
| 0.3 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.4 | 0.7 | 0.6 | 0.5 | 0.2 | 0.5 | 0.4 | 0.6 | 0.6 | 0.9 | 1.5 | 0.5 | 0.4 | 1.9 | 0.8 | 0.7 | 0.9 | 1.7 | 1.1 | 2.0 | 0.9 | 1.3 | 0.7 | 0.6 | 0.0 | 0.2 | 0.2 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - | - | - |
| Gross Profit | 0.7 | 0.7 | 0.9 | 0.5 | 0.6 | 0.4 | 0.2 | 1.0 | 0.8 | (0.3) | 2.2 | 0.7 | 0.4 | 1.7 | 0.9 | 0.5 | 0.7 | 0.7 | 0.7 | (0.1) | 0.6 | 0.8 | 0.3 | 0.3 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||
| Research & Development | 0.1 | (0.7) | 0.2 | 0.2 | 0.4 | 0.4 | 0.5 | 0.7 | 0.8 | 0.6 | 0.6 | 1.0 | 1.1 | 0.9 | 1.2 | 1.5 | 1.5 | 1.9 | 2.1 | 1.2 | 1.1 | 1.3 | 0.9 | 0.6 | 0.0 | 0.6 | 0.7 | 0.5 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 |
| Selling General & Administrative | 5.4 | 5.3 | 3.5 | 3.2 | 4.1 | 4.7 | 3.3 | 3.5 | 4.2 | 5.8 | 4.3 | 4.7 | 3.5 | 4.4 | 3.6 | 3.8 | |||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Depreciation & Amortization | 0.1 | 0.4 | 0.0 | 0.0 | 0.2 | 0.4 | 0.1 | 0.1 | 0.2 | 0.4 | 0.1 | 0.1 | 0.2 | 0.3 | 0.1 | 0.1 | |||||||||||||||||||||||
| Amortization of Intangibles | 0.0 | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | ||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Total Operating Expenses | 5.5 | 4.7 | 3.6 | 3.3 | 4.5 | 5.0 | 3.9 | 4.2 | 5.0 | 6.3 | 4.9 | 5.7 | 4.6 | 5.3 | 4.8 | 5.2 | |||||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Income | (4.8) | (3.9) | (2.8) | (2.9) | (3.9) | (4.6) | (3.6) | (3.2) | (4.1) | (6.6) | (2.8) | (5.1) | (4.3) | (3.6) | (3.9) | (4.8) | (5.4) | (5.2) | (6.0) | (7.8) | (5.4) | (6.4) | (3.9) | (2.8) | (0.0) | (2.6) | (2.5) | (2.0) | (1.5) | (1.3) | (0.8) | (0.8) | (0.4) | (0.3) | (0.2) | (0.2) | (0.2) | (0.1) | (0.0) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | (0.0) | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Non-Operating Income | 0.2 | 0.0 | (0.0) | (0.9) | 4.0 | (3.0) | 5.6 | 2.8 | 4.3 | (11.8) | (0.0) | 0.1 | 0.2 | 0.1 | 0.0 | (0.0) | 0.0 | ||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (4.5) | (3.9) | (2.8) | (3.7) | 0.1 | (7.6) | 2.0 | (0.4) | 0.1 | (18.4) | (2.8) | (5.0) | (4.0) | (3.5) | (3.9) | (4.8) | (5.4) | ||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income | (4.5) | (3.9) | (2.8) | (3.7) | 0.1 | (7.6) | 2.0 | (0.4) | 0.1 | (18.4) | (2.8) | (5.0) | (4.0) | (3.5) | (3.9) | (4.8) | (5.4) | ||||||||||||||||||||||
| Net Income Attributable To Parent | (4.5) | (3.9) | (2.8) | (3.7) | 0.1 | (7.6) | 2.0 | (0.4) | 0.1 | (18.4) | (2.8) | (5.0) | (4.0) | (3.5) | (3.9) | (4.8) | |||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Less: Preferred Dividends | 0.2 | 0.4 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.5 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | - | 0.0 | - | - | ||||||||||||||||||||||
| Net Income To Common Shareholders | (4.8) | (4.4) | (2.9) | (3.9) | (0.1) | (7.8) | 1.7 | (0.9) | (0.1) | (18.6) | (3.0) | (5.0) | (4.0) | (3.5) | (3.9) | ||||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.09) | - | (0.06) | (0.07) | 0.00 | - | 0.04 | (0.02) | 0.00 | - | (0.07) | (0.12) | (0.10) | - | (0.09) | (0.12) | (0.13) | - | - | (0.20) | (0.14) | - | (0.11) | (0.09) | (0.08) | - | (0.08) | (0.07) | (0.05) | - | (0.04) | (0.03) | (0.02) | - | (0.01) | (0.01) | (0.01) | (0.01) | (0.01) |
| EPS Diluted | (0.09) | - | (0.06) | (0.07) | 0.00 | - | 0.04 | (0.02) | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Shares Basic | 54.0 | - | 51.1 | 50.6 | 48.4 | - | 45.9 | 45.3 | 44.2 | - | 42.7 | 41.7 | 41.4 | - | 41.1 | 41.0 | 40.9 | - | |||||||||||||||||||||
| Shares Diluted | 54.0 | - | 51.1 | 50.6 | 48.4 | - | 45.9 | 45.3 | 44.2 | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EBITDA | (4.7) | (3.6) | (2.7) | (2.8) | (3.8) | (4.2) | (3.5) | (3.1) | (3.9) | (6.3) | (2.6) | (5.0) | (4.1) | (3.3) | (3.8) | (4.7) | (5.3) | (5.0) | (6.0) | (7.7) | (5.3) | (6.3) | (3.8) | (2.8) | (0.0) | (2.6) | (2.5) | (2.0) | (1.5) | (1.3) | (0.8) | (0.8) | (0.4) | - | - | - | (0.2) | - | - |
| EBIT | (4.8) | (3.9) | (2.8) | (2.9) | (3.9) | (4.6) | (3.6) | (3.2) | (4.1) | (6.6) | (2.8) | (5.1) | (4.3) | (3.6) | (3.9) | (4.8) | (5.4) | (5.2) | (6.0) | ||||||||||||||||||||
| 18.4 |
| 16.4 |
| 20.3 |
| 11.6 |
| 6.7 |
| 2.6 |
| 0.5 |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | 0.5 | 0.6 | 0.8 | 0.8 | 0.8 | 0.5 | 0.2 | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | 0.5 | 0.5 | 0.3 | 0.3 | 0.2 | 0.0 | 0.0 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 17.1 | 16.2 | 18.0 | 21.6 | 21.5 | 26.5 | 14.4 | 8.9 | 3.3 | 0.8 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.7) | 3.2 | 9.7 | (11.5) | 0.1 | 0.0 | 0.5 | - | - | - |
| Pre-Tax Income | - | (10.3) | - | - | - | - | - | - | - | - |
| (30.2) |
| (17.6) |
| (24.4) |
| (12.6) |
| (8.3) |
| (3.3) |
| (0.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (15.0) | (10.3) | (5.9) | (30.2) | (17.6) | (24.4) | (12.6) | (8.3) | (3.3) | (0.8) |
| Net Income Attributable To Parent | (15.0) | (10.3) | (5.9) | (30.2) | (17.6) | (24.4) | (12.6) | (8.3) | (3.3) | (0.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | 1.0 | 0.9 | 1.2 | 0.4 | 0.0 | - | - | - | - | - |
| Net Income To Common Shareholders | (16.0) | (11.2) | (7.1) | (30.6) | (17.6) | (24.4) | (12.6) | (8.3) | (3.3) | (0.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 54.0 | 50.4 | 45.6 | 42.3 | 41.2 | 39.3 | - | - | 23.6 | 20.2 |
| Shares Diluted | 54.0 | 50.4 | 45.6 | 42.3 | - | - | - | - | - | - |
| (17.7) |
| (24.5) |
| (13.1) |
| (8.6) |
| (3.3) |
| (0.8) |
| 4.6 |
| 4.1 |
| 4.7 |
| 6.6 |
| 5.0 |
| 5.8 |
| 3.3 |
| 2.5 |
| 0.0 |
| 2.1 |
| 1.9 |
| 1.5 |
| 1.2 |
| 1.0 |
| 0.7 |
| 0.6 |
| 0.3 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.1 |
| 6.0 |
| 6.7 |
| 7.7 |
| 6.0 |
| 7.1 |
| 4.2 |
| 3.1 |
| 0.0 |
| 2.7 |
| 2.6 |
| 2.0 |
| 1.6 |
| 1.3 |
| 0.8 |
| 0.8 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.5 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| 0.0 |
| (0.0) |
| (0.0) |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.2) |
| (6.0) |
| (7.8) |
| (5.4) |
| (5.9) |
| (3.9) |
| (2.8) |
| (0.0) |
| (2.5) |
| (2.4) |
| (1.9) |
| (1.5) |
| (1.3) |
| (0.8) |
| (0.8) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.2) |
| (6.0) |
| (7.8) |
| (5.4) |
| (5.9) |
| (3.9) |
| (2.8) |
| (0.0) |
| (2.5) |
| (2.4) |
| (1.9) |
| (1.5) |
| (1.3) |
| (0.8) |
| (0.8) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.0) |
| (5.4) |
| (5.2) |
| (6.0) |
| (7.8) |
| (5.4) |
| (5.9) |
| (3.9) |
| (2.8) |
| (0.0) |
| (2.5) |
| (2.4) |
| (1.9) |
| (1.5) |
| (1.3) |
| (0.8) |
| (0.8) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| (5.4) |
| (5.2) |
| (6.0) |
| (7.8) |
| (5.4) |
| (5.9) |
| (3.9) |
| (2.8) |
| (0.0) |
| (2.5) |
| (2.4) |
| (1.9) |
| (1.5) |
| (1.3) |
| (0.8) |
| (0.8) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 38.2 |
| 37.6 |
| - |
| 36.4 |
| 31.2 |
| 30.0 |
| - |
| 29.7 |
| 27.8 |
| 27.4 |
| - |
| 22.8 |
| 22.8 |
| 22.8 |
| - |
| 20.4 |
| 20.0 |
| 19.1 |
| 4.9 |
| 4.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.8) |
| (5.4) |
| (6.4) |
| (3.9) |
| (2.8) |
| (0.0) |
| (2.6) |
| (2.5) |
| (2.0) |
| (1.5) |
| (1.3) |
| (0.8) |
| (0.8) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.0) |