| (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 | 275.0 | 249.0 | 315.0 | 342.0 | 282.0 | 294.0 | 319.0 | 360.0 | 257.0 | 232.0 | 308.0 | 293.0 | 245.0 | 24.0 | 302.0 | 362.0 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||
| Revenues | 1,181.0 | 1,188.0 | 1,230.0 | 1,078.0 | 969.0 | 722.0 | 917.0 | 855.0 | 771.0 | 807.0 | 772.0 | 501.0 | 359.0 | 179.0 | 93.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | |||||||||||||||
| Operating Income | 30.0 | (186.0) | (459.0) | (28.0) | 44.0 | 64.0 | 253.0 | 233.0 | 443.0 | 312.0 | 302.0 | 209.0 | 176.0 | 72.0 | |
| Non-Operating | |||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Tax & Net | |||||||||||||||
| Income Tax Expense | (87.0) | (78.0) | (42.0) | (25.0) | 161.0 | 37.0 | (19.0) | (26.0) | 6.0 | 167.0 | 57.0 | 33.0 | (14.0) | 8.0 | (9.0) |
| Per Share | |||||||||||||||
| EPS Basic | 1.09 | (0.30) | (0.25) | 2.18 | 5.62 | 1.77 | (0.81) | (1.51) | 3.05 | (1.18) | 1.90 | - | - | - | - |
| EPS Diluted | |||||||||||||||
| Supplementary Data | |||||||||||||||
| EBITDA | - | 358.0 | 72.0 | 476.0 | 422.0 | 306.0 | 500.0 | 469.0 | 642.0 | 516.0 | 515.0 | 366.0 | 273.0 | 127.0 | 73.0 |
| EBIT | |||||||||||||||
| 281.0 |
| (29.0) |
| 252.0 |
| 253.0 |
| 246.0 |
| 212.0 |
| 240.0 |
| 253.0 |
| 212.0 |
| 206.0 |
| 253.0 |
| 219.0 |
| 177.0 |
| 156.0 |
| 178.0 |
| 225.0 |
| 212.0 |
| 198.0 |
| 191.0 |
| 220.0 |
| 198.0 |
| 222.0 |
| 191.0 |
| 188.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Amortization of Intangibles | 20.0 | - | - | - | 20.0 | - | - | - | 21.0 | - | - | - | 20.0 | - | - | - | 39.0 | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 292.0 | 299.0 | 308.0 | 261.0 | 515.0 | 847.0 | 284.0 | 293.0 | 278.0 | 283.0 | 276.0 | 267.0 | 280.0 | 197.0 | 261.0 | 256.0 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (17.0) | (48.0) | 5.0 | 90.0 | (233.0) | (553.0) | 49.0 | 66.0 | (21.0) | (51.0) | 32.0 | 26.0 | (35.0) | (172.0) | 49.0 | 133.0 | 34.0 | (148.0) | 64.0 | 70.0 | 78.0 | 47.0 | 68.0 | 89.0 | 49.0 | 44.0 | 88.0 | 67.0 | 34.0 | 31.0 | 59.0 | 261.0 | 92.0 | 69.0 | 69.0 | 92.0 | 82.0 | 67.0 | 80.0 | 82.0 |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | 12.0 | 14.0 | 66.0 | 31.0 | 16.0 | (23.0) | 30.0 | 48.0 | 30.0 | (48.0) | 56.0 | 45.0 | 28.0 | 25.0 | 52.0 | 55.0 | ||||||||||||||||||||||||
| Other Non-Operating Income | (82.0) | (57.0) | (23.0) | (95.0) | (116.0) | 28.0 | (79.0) | 13.0 | 43.0 | (210.0) | 96.0 | 46.0 | (183.0) | 21.0 | 228.0 | 488.0 | 349.0 | |||||||||||||||||||||||
| Pre-Tax Income | (99.0) | (105.0) | (18.0) | (5.0) | (349.0) | (525.0) | (30.0) | 79.0 | 22.0 | (261.0) | 128.0 | 72.0 | (218.0) | (151.0) | 277.0 | 621.0 | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | (51.0) | (38.0) | 43.0 | (41.0) | (42.0) | (84.0) | 34.0 | 21.0 | (13.0) | (33.0) | 28.0 | 16.0 | (36.0) | (17.0) | 45.0 | 83.0 | 50.0 | (17.0) | 6.0 | (22.0) | 70.0 | 18.0 | 25.0 | 13.0 | (75.0) | 9.0 | (18.0) | (10.0) | (7.0) | (7.0) | 15.0 | (21.0) | 19.0 | 116.0 | 21.0 | 16.0 | 14.0 | 32.0 | 30.0 | (3.0) |
| Net Income From Continuing Ops | (48.0) | (67.0) | (61.0) | 36.0 | (307.0) | (441.0) | (64.0) | 58.0 | 35.0 | (228.0) | 100.0 | 56.0 | (182.0) | (134.0) | 232.0 | 538.0 | 333.0 | |||||||||||||||||||||||
| Net Income From Discontinued Ops | 0.0 | - | (3.0) | - | (21.0) | - | (19.0) | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (48.0) | (80.0) | (64.0) | 36.0 | (328.0) | (421.0) | (83.0) | 58.0 | 35.0 | 148.0 | 132.0 | 89.0 | (151.0) | 18.0 | 232.0 | 538.0 | 333.0 | |||||||||||||||||||||||
| Net Income Attributable To Parent | 33.0 | 28.0 | (37.0) | 79.0 | (98.0) | (115.0) | (40.0) | 62.0 | 70.0 | 112.0 | 53.0 | 49.0 | (14.0) | 35.0 | 79.0 | 219.0 | ||||||||||||||||||||||||
| Less: Minority Interest | (81.0) | - | (27.0) | (43.0) | (230.0) | - | (43.0) | (4.0) | (35.0) | - | 79.0 | 40.0 | (137.0) | - | 153.0 | 319.0 | 189.0 | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | 33.0 | 28.0 | (37.0) | 79.0 | (98.0) | (115.0) | (40.0) | 62.0 | 70.0 | 112.0 | 53.0 | 49.0 | (14.0) | 35.0 | 79.0 | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | 0.35 | - | (0.40) | 0.84 | (1.05) | - | (0.43) | 0.66 | 0.75 | - | 0.57 | 0.53 | (0.17) | - | 0.93 | 2.61 | 1.72 | - | 0.24 | (0.96) | 2.66 | - | 0.83 | 0.71 | (3.39) | - | (1.21) | (0.49) | (0.38) | - | 0.60 | 1.51 | 1.36 | - | 0.01 | 0.24 | 0.22 | - | - | - |
| EPS Diluted | 0.35 | - | (0.40) | 0.84 | (1.05) | - | (0.43) | 0.66 | 0.75 | - | 0.57 | 0.53 | 0.06 | - | 0.93 | 2.61 | 1.72 | - | ||||||||||||||||||||||
| Shares Basic | 94.1 | - | 94.0 | 94.0 | 93.7 | - | 93.5 | 93.5 | 93.5 | - | 93.4 | 92.3 | 87.3 | - | 85.1 | 83.9 | 83.9 | - | ||||||||||||||||||||||
| Shares Diluted | 94.1 | - | 94.0 | 94.0 | 93.7 | - | 93.5 | 93.5 | 93.5 | - | 93.4 | 92.3 | 87.9 | - | 85.6 | 83.9 | 84.0 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (17.0) | (48.0) | 5.0 | 90.0 | (233.0) | (553.0) | 49.0 | 66.0 | (21.0) | (51.0) | 32.0 | 26.0 | (35.0) | (172.0) | 49.0 | 133.0 | 34.0 | (148.0) | 64.0 | |||||||||||||||||||||
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Depreciation & Amortization | - | 544.0 | 531.0 | 504.0 | 378.0 | 242.0 | 247.0 | 236.0 | 199.0 | 204.0 | 213.0 | 157.0 | 97.0 | 55.0 | 24.0 |
| Amortization of Intangibles | - | 83.0 | 82.0 | 82.0 | 143.0 | 117.0 | 103.0 | 72.0 | 0.0 | 0.0 | 18.0 | 4.0 | 0.0 | (1.0) | (1.0) |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 1,160.0 | 1,383.0 | 1,702.0 | 1,106.0 | 961.0 | 653.0 | 662.0 | 622.0 | 481.0 | 495.0 | 470.0 | 292.0 | 183.0 | 107.0 | 44.0 |
| 49.0 |
| Interest Expense |
| - |
| - |
| - |
| - |
| - |
| - |
| 620.0 |
| 702.0 |
| 248.0 |
| 199.0 |
| 152.0 |
| 117.0 |
| 100.0 |
| 49.0 |
| 43.0 |
| Income From Equity Investments | 123.0 | 127.0 | 85.0 | 81.0 | 177.0 | 158.0 | 108.0 | 38.0 | 41.0 | 40.0 | 40.0 | 36.0 | 8.0 | 0.0 | - |
| Other Non-Operating Income | (257.0) | (291.0) | 5.0 | (251.0) | 1,086.0 | 239.0 | (510.0) | (663.0) | (170.0) | (31.0) | 138.0 | (69.0) | (93.0) | (44.0) | (42.0) |
| Pre-Tax Income | (227.0) | (477.0) | (454.0) | (279.0) | 1,130.0 | 303.0 | (257.0) | (430.0) | 273.0 | 281.0 | 440.0 | 140.0 | 83.0 | 28.0 | 7.0 |
| Net Income From Continuing Ops | (140.0) | (399.0) | (412.0) | (254.0) | 969.0 | 266.0 | (238.0) | (404.0) | 267.0 | 114.0 | 383.0 | 107.0 | 97.0 | 20.0 | 16.0 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (156.0) | (436.0) | (411.0) | 218.0 | 1,121.0 | 424.0 | (238.0) | (404.0) | 267.0 | 114.0 | 383.0 | 107.0 | 97.0 | 20.0 | 16.0 |
| Net Income Attributable To Parent | 103.0 | (28.0) | (23.0) | 200.0 | 477.0 | 137.0 | (55.0) | (88.0) | 167.0 | (64.0) | 83.0 | 10.0 | 3.0 | 20.0 | 16.0 |
| Less: Minority Interest | - | - | - | - | - | 287.0 | (188.0) | (333.0) | 75.0 | 175.0 | 300.0 | 97.0 | 66.0 | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 103.0 | (28.0) | (23.0) | 200.0 | 477.0 | 137.0 | (55.0) | (88.0) | 167.0 | (64.0) | 83.0 | 10.0 | 3.0 | 20.0 | 16.0 |
| 1.09 |
| - |
| - |
| - |
| 5.62 |
| 1.77 |
| (0.81) |
| (1.51) |
| 2.91 |
| (1.18) |
| 1.90 |
| - |
| - |
| - |
| - |
| Shares Basic | 94.1 | 93.9 | 93.5 | 91.6 | 84.9 | 77.2 | 68.4 | 58.8 | 54.9 | 54.2 | 43.8 | - | - | - | - |
| Shares Diluted | 94.1 | 93.9 | 93.5 | 91.6 | 84.9 | 77.4 | 68.4 | 58.8 | 74.6 | 54.2 | 43.8 | - | - | - | - |
| 30.0 |
| (186.0) |
| (459.0) |
| (28.0) |
| 44.0 |
| 64.0 |
| 253.0 |
| 233.0 |
| 443.0 |
| 312.0 |
| 302.0 |
| 209.0 |
| 176.0 |
| 72.0 |
| 49.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.0 |
| - |
| - |
| - |
| 26.0 |
| - |
| - |
| - |
| 9.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 247.0 |
| 119.0 |
| 188.0 |
| 178.0 |
| 168.0 |
| 163.0 |
| 172.0 |
| 164.0 |
| 163.0 |
| 162.0 |
| 165.0 |
| 152.0 |
| 143.0 |
| 278.0 |
| 119.0 |
| (36.0) |
| 120.0 |
| 129.0 |
| 122.0 |
| 128.0 |
| 116.0 |
| 155.0 |
| 111.0 |
| 106.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 21.0 |
| 103.0 |
| 45.0 |
| 50.0 |
| 61.0 |
| 43.0 |
| (52.0) |
| 41.0 |
| 77.0 |
| 45.0 |
| 26.0 |
| 47.0 |
| 42.0 |
| 43.0 |
| 17.0 |
| 44.0 |
| 29.0 |
| 18.0 |
| 8.0 |
| 21.0 |
| 9.0 |
| 0.0 |
| 2.0 |
| 23.0 |
| 13.0 |
| 3.0 |
| 2.0 |
| 22.0 |
| 14.0 |
| 2.0 |
| 20.0 |
| 11.0 |
| 7.0 |
| (66.0) |
| 36.0 |
| (294.0) |
| 563.0 |
| 131.0 |
| 152.0 |
| 51.0 |
| (844.0) |
| 49.0 |
| (349.0) |
| (201.0) |
| (162.0) |
| (154.0) |
| 66.0 |
| 10.0 |
| (92.0) |
| (9.0) |
| 2.0 |
| (14.0) |
| (10.0) |
| 184.0 |
| 85.0 |
| (44.0) |
| 383.0 |
| (214.0) |
| 100.0 |
| (224.0) |
| 641.0 |
| 178.0 |
| 220.0 |
| 140.0 |
| (795.0) |
| 93.0 |
| (261.0) |
| (134.0) |
| (128.0) |
| (123.0) |
| 125.0 |
| 271.0 |
| 0.0 |
| 60.0 |
| 71.0 |
| 78.0 |
| 72.0 |
| 251.0 |
| 165.0 |
| 38.0 |
| (197.0) |
| 94.0 |
| (202.0) |
| 571.0 |
| 33.0 |
| 195.0 |
| 127.0 |
| (593.0) |
| 84.0 |
| (243.0) |
| (124.0) |
| (121.0) |
| (116.0) |
| 110.0 |
| 292.0 |
| (19.0) |
| (56.0) |
| 50.0 |
| 62.0 |
| 58.0 |
| 219.0 |
| 135.0 |
| 41.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (39.0) |
| 94.0 |
| (202.0) |
| 571.0 |
| 33.0 |
| 195.0 |
| 127.0 |
| (593.0) |
| 84.0 |
| (243.0) |
| (124.0) |
| (121.0) |
| (116.0) |
| 110.0 |
| 292.0 |
| (19.0) |
| (56.0) |
| 50.0 |
| 62.0 |
| 58.0 |
| 219.0 |
| 135.0 |
| 41.0 |
| 144.0 |
| (9.0) |
| 18.0 |
| (74.0) |
| 202.0 |
| 64.0 |
| 56.0 |
| 47.0 |
| (222.0) |
| 34.0 |
| (72.0) |
| (28.0) |
| (22.0) |
| (22.0) |
| 33.0 |
| 82.0 |
| 74.0 |
| (90.0) |
| 1.0 |
| 13.0 |
| 12.0 |
| 43.0 |
| 27.0 |
| 8.0 |
| (30.0) |
| 76.0 |
| (128.0) |
| 369.0 |
| 96.0 |
| 138.0 |
| 78.0 |
| (500.0) |
| 47.0 |
| (173.0) |
| (102.0) |
| (105.0) |
| (101.0) |
| 71.0 |
| 204.0 |
| (99.0) |
| 31.0 |
| 49.0 |
| 49.0 |
| 46.0 |
| 176.0 |
| 108.0 |
| 33.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 219.0 |
| 144.0 |
| (9.0) |
| 18.0 |
| (74.0) |
| 202.0 |
| 64.0 |
| 56.0 |
| 47.0 |
| (222.0) |
| 34.0 |
| (72.0) |
| (28.0) |
| (22.0) |
| (22.0) |
| 33.0 |
| 82.0 |
| 74.0 |
| (90.0) |
| 1.0 |
| 13.0 |
| 12.0 |
| 43.0 |
| 27.0 |
| 8.0 |
| 0.24 |
| (0.96) |
| 2.66 |
| - |
| 0.76 |
| 0.69 |
| (3.39) |
| - |
| (1.21) |
| (0.49) |
| (0.38) |
| - |
| 0.58 |
| 1.42 |
| 1.22 |
| - |
| 0.01 |
| 0.24 |
| 0.22 |
| - |
| - |
| - |
| 76.6 |
| 76.3 |
| 75.9 |
| - |
| 67.7 |
| 65.5 |
| 65.5 |
| - |
| 59.9 |
| 56.2 |
| 56.1 |
| - |
| 54.9 |
| 54.3 |
| 54.3 |
| - |
| 54.3 |
| 54.3 |
| 54.2 |
| - |
| - |
| - |
| 76.6 |
| 76.3 |
| 76.0 |
| - |
| 75.9 |
| 75.8 |
| 65.5 |
| - |
| 59.9 |
| 56.2 |
| 56.1 |
| - |
| 74.6 |
| 74.0 |
| 74.0 |
| - |
| 54.3 |
| 54.3 |
| 54.2 |
| - |
| - |
| - |
| 70.0 |
| 78.0 |
| 47.0 |
| 68.0 |
| 89.0 |
| 49.0 |
| 44.0 |
| 88.0 |
| 67.0 |
| 34.0 |
| 31.0 |
| 59.0 |
| 261.0 |
| 92.0 |
| 69.0 |
| 69.0 |
| 92.0 |
| 82.0 |
| 67.0 |
| 80.0 |
| 82.0 |