| In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
| | 20-F | 20-F | 20-F | 20-F | S-1/A |
| Revenues: |
| B P O Services | 2.0 | 2.3 | 1.7 | 2.0 | |
| Business Integration Services | 1.3 | 4.1 | 5.4 | 0.0 | |
| Customized cloud-based services | | | 5.0 | 2.0 | 12.7 |
| Standard Cloud Based Services | 2.1 | 2.0 | 1.4 | 12.9 | 2.1 |
| Other | 0.1 | 1.3 | 1.0 | 1.3 | 4.1 |
| Total revenues | 5.5 | 9.6 | 14.5 | 18.2 | 18.8 |
| Revenue growth [+] | -42.9% | -33.7% | -20.4% | -2.9% | |
| B P O Services | -11.5% | 29.5% | -13.0% | | |
| Business Integration Services | -67.5% | -24.6% | 19372.0% | | |
| Customized cloud-based services | | | 147.9% | -84.1% | |
| Standard Cloud Based Services | 6.0% | 41.5% | -89.1% | 523.1% | |
| Cost of goods sold | 3.5 | 7.4 | 4.7 | 8.0 | 9.3 |
| Gross profit | 2.0 | 2.3 | 9.8 | 10.3 | 9.5 |
| Gross margin | 35.9% | 23.5% | 67.5% | 56.2% | 50.5% |
| Selling, general and administrative [+] | 10.4 | 9.8 | 3.5 | 2.7 | 3.4 |
| Sales and marketing | 3.4 | 3.8 | 1.8 | 1.5 | 1.9 |
| General and administrative | 7.0 | 6.0 | 1.7 | 1.2 | 1.5 |
| Research and development | 3.3 | 3.3 | 1.9 | 1.5 | 3.0 |
| EBITDA [+] | -10.3 | -9.7 | 4.8 | 6.2 | 3.4 |
| EBITDA growth | 6.2% | -300.5% | -22.3% | 83.1% | |
| EBITDA margin | -187.6% | -100.9% | 33.4% | 34.2% | 18.1% |
| Depreciation | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 |
| EBITA | -10.6 | -9.8 | 4.8 | 6.1 | 3.3 |
| EBITA margin | -192.5% | -101.9% | 32.8% | 33.6% | 17.5% |
| Amortization of intangibles | 1.2 | 1.0 | 0.4 | 0.1 | 0.2 |
| EBIT [+] | -11.8 | -10.8 | 4.4 | 6.0 | 3.1 |
| EBIT growth | 9.0% | -346.8% | -27.7% | 96.9% | |
| EBIT margin | -213.5% | -111.8% | 30.1% | 33.1% | 16.3% |
| Non-recurring items [+] | 2.6 | 3.7 | | | |
| Asset impairment | 2.6 | 3.7 | | | |
| Interest expense, net [+] | 1.4 | 0.3 | 0.2 | 0.4 | 0.5 |
| Interest expense | 1.5 | 0.3 | 0.2 | 0.4 | 0.5 |
| Interest income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other income (expense), net | -0.4 | 0.7 | 0.2 | 0.1 | 0.0 |
| Pre-tax income | -16.3 | -14.1 | 4.3 | 5.8 | 2.6 |
| Income taxes | -0.1 | 0.1 | 0.3 | 0.7 | 0.1 |
| Tax rate | 0.5% | | 6.6% | 11.7% | 5.6% |
| Minority interest | -0.9 | -0.4 | 0.1 | 0.3 | 0.2 |
| Net income | -15.3 | -13.9 | 4.0 | 4.8 | 2.4 |
| Net margin | -277.3% | -143.9% | 27.5% | 26.6% | 13.0% |
| |
| Basic EPS [+] | ($2.65) | ($2.96) | $1.05 | $0.26 | $0.13 |
| Growth | -10.4% | -381.5% | 312.4% | 98.5% | |
| Diluted EPS [+] | ($2.65) | ($2.96) | $1.05 | $0.26 | $0.13 |
| Growth | -10.4% | -381.5% | 312.4% | 98.5% | |
| |
| Shares outstanding (basic) [+] | 5.8 | 4.7 | 3.8 | 19.0 | 19.0 |
| Growth | 22.8% | 23.3% | -80.0% | 0.0% | |
| Shares outstanding (diluted) [+] | 5.8 | 4.7 | 3.8 | 19.0 | 19.0 |
| Growth | 22.8% | 23.3% | -80.0% | 0.0% | |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |