| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 107.5 | 111.7 | 115.0 | 112.2 | 110.1 | 111.0 | 117.1 | 123.7 | 122.2 | 135.9 | 155.6 | 170.4 | 183.7 | 210.5 | 227.0 | 239.9 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 446.4 | 449.0 | 474.0 | 645.7 | 904.6 | 741.1 | 418.1 | 429.6 |
| Cost of Revenue | 48.6 | 48.3 | 50.2 | 64.3 | 86.3 | 79.6 | 54.2 | 54.8 |
| Gross Profit | 397.8 | 400.7 | 423.9 | 581.4 | 818.4 | 661.5 | 364.0 | 374.8 |
| Operating Expenses | ||||||||
| Research & Development | 117.4 | 124.6 | 134.8 | 141.8 | 127.7 | 110.5 | 69.4 | 65.4 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (9.2) | (19.4) | 1.3 | 79.4 | 97.2 | (8.4) | 64.4 | (6.3) |
| Non-Operating | ||||||||
| Interest Income | - | 18.0 | 22.5 | 19.9 | 5.0 | 0.0 | - | - |
| Interest Expense | 29.7 | 29.6 | 29.6 | 29.4 | 28.5 | 0.9 | ||
| Tax & Net | ||||||||
| Income Tax Expense | 2.4 | 2.4 | 6.4 | 21.5 | 12.6 | (12.9) | (21.7) | 0.6 |
| Net Income From Continuing Ops | (24.9) | (33.0) | (12.9) | 49.1 | 61.5 | |||
| Per Share | ||||||||
| EPS Basic | (0.30) | (0.37) | (0.13) | 0.49 | 0.54 | 0.02 | 0.79 | (0.13) |
| EPS Diluted | (0.30) | (0.37) | (0.13) | 0.46 | 0.51 | 0.02 | ||
| Supplementary Data | ||||||||
| EBITDA | - | (6.9) | 13.6 | 91.1 | 107.9 | 1.1 | 74.4 | 2.6 |
| EBIT | (9.2) | (19.4) | 1.3 | 79.4 | 97.2 | (8.4) | 64.4 | |
| 227.3 |
| 220.1 |
| 212.7 |
| 183.0 |
| 125.4 |
| - |
| 102.9 |
| 87.7 |
| - |
| Cost of Revenue | 12.0 | 12.1 | 12.5 | 12.0 | 11.7 | 11.5 | 12.4 | 12.9 | 13.3 | 13.5 | 14.5 | 15.7 | 20.6 | 21.1 | 21.8 | 21.8 | 21.6 | 19.8 | 22.3 | 21.6 | 16.0 | - | 12.9 | 11.8 | - |
| Gross Profit | 95.6 | 99.5 | 102.5 | 100.3 | 98.4 | 99.5 | 104.7 | 110.7 | 108.9 | 122.4 | 141.1 | 154.7 | 163.1 | 189.4 | 205.1 | 218.2 | 205.7 | 200.4 | 190.4 | 161.4 | 109.4 | - | 89.9 | 75.8 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 26.1 | 28.4 | 30.9 | 32.1 | 33.3 | 31.7 | 33.7 | 33.3 | 36.1 | 32.8 | 32.1 | 38.6 | 38.3 | 34.2 | 33.0 | 30.9 | 29.6 | 28.4 | 27.2 | 37.9 | 17.0 | - | 16.9 | 16.3 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 55.0 | 51.4 | 60.0 | 58.1 | 58.5 | 54.7 | 54.9 | 51.5 | 54.7 | 49.1 | 55.6 | 72.2 | 88.4 | 97.6 | 112.6 | 136.6 | 137.6 | ||||||||
| General & Administrative | 16.0 | 15.8 | 16.7 | 16.8 | 18.3 | 17.1 | 19.3 | 16.5 | 19.1 | 27.3 | 20.6 | 21.4 | 25.5 | 29.2 | 30.1 | 25.5 | 24.2 | ||||||||
| Depreciation & Amortization | 2.9 | - | - | - | 3.0 | - | - | - | 3.1 | - | - | - | 2.7 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | 0.4 | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 97.1 | 95.5 | 107.5 | 106.9 | 110.1 | 103.5 | 107.9 | 101.3 | 109.8 | 109.2 | 108.4 | 132.2 | 152.2 | 160.9 | 175.7 | 193.1 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (1.5) | 4.0 | (5.0) | (6.7) | (11.7) | (4.0) | (3.2) | 9.4 | (0.9) | 13.3 | 32.7 | 22.5 | 11.0 | 28.4 | 29.5 | 25.1 | 14.2 | 25.5 | 18.0 | (68.3) | 16.5 | - | 23.1 | 21.6 | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.5 | 7.4 | 7.4 | 7.4 | 7.4 | 7.3 | 7.3 | 7.3 | 7.4 | 7.5 | 6.3 | 0.2 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (4.0) | (3.5) | (3.3) | (2.4) | (2.0) | (2.4) | (1.2) | (1.8) | (2.5) | (1.6) | (2.7) | (2.3) | (2.3) | (2.3) | (7.0) | (7.5) | (6.3) | ||||||||
| Pre-Tax Income | (5.6) | 0.5 | (8.3) | (9.1) | (13.7) | (6.4) | (4.4) | 7.7 | (3.4) | 11.7 | 30.0 | 20.2 | 8.6 | 26.1 | 22.4 | 17.6 | 7.9 | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.8) | 1.3 | 1.5 | 0.4 | (0.9) | 4.4 | (1.8) | 0.6 | 3.1 | 6.1 | 5.9 | 5.8 | 3.6 | 6.7 | 1.9 | 4.5 | (0.5) | 4.3 | (4.5) | (15.9) | 3.2 | - | 0.2 | 0.2 | - |
| Net Income From Continuing Ops | (4.7) | (0.8) | (9.8) | (9.5) | (12.8) | (10.8) | (2.6) | 7.0 | (6.5) | 5.6 | 24.1 | 14.4 | 5.0 | 19.4 | 20.6 | 13.1 | 8.4 | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (4.7) | (0.8) | (9.8) | (9.5) | (12.8) | (10.8) | (2.6) | 7.0 | (6.5) | 5.6 | 24.1 | 14.4 | 5.0 | 19.4 | 20.6 | 13.1 | 8.4 | ||||||||
| Net Income Attributable To Parent | (4.7) | (0.8) | (9.8) | (9.5) | (12.8) | (10.8) | (2.6) | 7.0 | (6.5) | 5.6 | 24.1 | 14.4 | 5.0 | 19.4 | 20.6 | 13.1 | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (4.7) | (0.8) | (9.8) | (9.5) | (12.8) | (10.8) | (2.6) | 7.0 | (6.5) | 5.6 | 24.1 | 14.4 | 5.0 | 19.4 | 20.6 | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.06) | - | (0.11) | (0.10) | (0.13) | - | (0.03) | 0.07 | (0.07) | - | 0.24 | 0.14 | 0.05 | - | 0.18 | 0.11 | 0.07 | - | 0.19 | (0.55) | 0.12 | - | 0.21 | 0.20 | - |
| EPS Diluted | (0.06) | - | (0.11) | (0.10) | (0.13) | - | (0.03) | 0.07 | (0.07) | - | 0.23 | 0.14 | 0.05 | - | 0.17 | 0.11 | 0.07 | - | |||||||
| Shares Basic | 83.7 | - | 86.3 | 90.6 | 98.1 | - | 98.5 | 99.2 | 99.0 | - | 99.8 | 100.2 | 104.3 | - | 113.1 | 116.8 | 118.8 | - | |||||||
| Shares Diluted | 83.7 | - | 86.3 | 90.6 | 98.1 | - | 98.5 | 103.0 | 99.0 | - | 104.7 | 105.4 | 110.0 | - | 119.8 | 124.1 | 127.1 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | 1.3 | - | - | - | (8.7) | - | - | - | 2.2 | - | - | - | 13.7 | - | - | - | 16.7 | - | - | - | 18.8 | - | - | - | - |
| EBIT | (1.5) | 4.0 | (5.0) | (6.7) | (11.7) | (4.0) | (3.2) | 9.4 | (0.9) | 13.3 | 32.7 | 22.5 | 11.0 | 28.4 | 29.5 | 25.1 | 14.2 | 25.5 | 18.0 | ||||||
| - |
| - |
| - |
| Selling & Marketing | 224.4 | 227.9 | 215.8 | 265.3 | 484.4 | 410.7 | 191.1 | 276.2 |
| General & Administrative | 65.3 | 67.6 | 72.0 | 94.9 | 109.0 | 148.8 | 39.0 | 39.5 |
| Depreciation & Amortization | - | 12.5 | 12.3 | 11.6 | 10.7 | 9.5 | 9.9 | 8.9 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 407.1 | 420.0 | 422.6 | 502.0 | 721.1 | 669.9 | 299.5 | 381.1 |
| 1.0 |
| 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (13.2) | (11.3) | (7.8) | (8.9) | (23.1) | (0.9) | (0.1) | 0.6 |
| Pre-Tax Income | (22.5) | (30.6) | (6.5) | 70.6 | 74.1 | (9.3) | 64.3 | (5.8) |
| 3.6 |
| 86.0 |
| (6.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (24.9) | (33.0) | (12.9) | 49.1 | 61.5 | 3.6 | 86.0 | (6.3) |
| Net Income Attributable To Parent | (24.9) | (33.0) | (12.9) | 49.1 | 61.5 | 3.6 | 86.0 | (6.3) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (24.9) | (33.0) | (12.9) | 49.1 | 61.5 | 2.0 | 63.0 | (10.1) |
| 0.70 |
| (0.13) |
| Shares Basic | 83.7 | 89.9 | 98.6 | 100.7 | 114.3 | 102.2 | 79.7 | 79.3 |
| Shares Diluted | 83.7 | 89.9 | 98.6 | 105.8 | 121.4 | 115.5 | 94.2 | 79.3 |
| (6.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 120.8 |
| 112.2 |
| 114.2 |
| 63.5 |
| - |
| 41.7 |
| 28.1 |
| - |
| 25.6 |
| 33.1 |
| 77.6 |
| 12.5 |
| - |
| 8.2 |
| 9.8 |
| - |
| 2.5 |
| - |
| - |
| - |
| 2.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 191.4 |
| 174.9 |
| 172.4 |
| 229.7 |
| 92.9 |
| - |
| 66.8 |
| 54.2 |
| - |
| 0.2 |
| 0.3 |
| 0.2 |
| - |
| 0.2 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.2) |
| (0.4) |
| (0.4) |
| 0.2 |
| - |
| 0.2 |
| (0.2) |
| - |
| 25.3 |
| 17.6 |
| (68.8) |
| 16.6 |
| - |
| 23.3 |
| 21.5 |
| - |
| 21.0 |
| 22.1 |
| (52.8) |
| 13.4 |
| 52.7 |
| 23.1 |
| 21.3 |
| (11.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 21.0 |
| 22.1 |
| (52.8) |
| 13.4 |
| 52.7 |
| 23.1 |
| 21.3 |
| (11.1) |
| 8.4 |
| 21.0 |
| 22.1 |
| (52.8) |
| 13.4 |
| 52.7 |
| 23.1 |
| 21.3 |
| (11.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.1 |
| 8.4 |
| 23.7 |
| 22.1 |
| (53.3) |
| 9.5 |
| 41.5 |
| 17.0 |
| 15.6 |
| (11.1) |
| 0.17 |
| (0.55) |
| 0.10 |
| - |
| 0.19 |
| 0.18 |
| - |
| 115.4 |
| 96.7 |
| 78.8 |
| - |
| 80.2 |
| 79.7 |
| - |
| 126.5 |
| 96.7 |
| 98.4 |
| - |
| 95.8 |
| 91.3 |
| - |
| (68.3) |
| 16.5 |
| - |
| 23.1 |
| 21.6 |
| - |