| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $23.31M | $48.84M | $124.42M | $51.24M | $59.45M +155.0% | $50.13M +2.6% | $54.24M -56.4% | $114.56M +123.6% | Strengthening |
| Operating Profit | -$10.27M | -$15.81M | $38.30M | -$12.38M | -$6.43M +37.4% | -$13.09M +17.2% | -$8.36M -121.8% | $8.52M | Weakening |
| Net Profit | -$14.00M | -$13.43M | $24.29M | -$3.29M | -$2.73M +80.5% | $3.42M | -$15.74M -164.8% | $47.0K | Weakening |
| EPS | $-0.14 | — | $0.25 | $-0.03 | $-0.03 +78.6% | — | $-0.16 -164.0% | $0.00 +100.0% | Weakening |
| Other Income | $4.11M | $1.01M | -$8.70M | $11.49M | $3.06M -25.5% | $19.04M +1785.0% | -$11.81M -35.8% | -$18.28M -259.0% | Strengthening |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$6.16M | -$14.80M | $29.61M | -$890.0K | -$3.36M +45.4% | $5.95M | -$20.16M -168.1% | -$9.76M -996.6% | Weakening |
| MarginsOPM | -44.1% | -32.4% | 30.8% | -24.2% | -10.8% +75.5% | -26.1% +19.4% | -15.4% -150.0% | 7.4% | Weakening |
| Tax | -89.2% | 5.2% | 20.5% | -61.5% | 28.8% | 19.8% +278.6% | 12.7% -38.1% | 13.5% | Strengthening |
| ReturnsROIC | 5.2% | 5.0% | -9.0% | 1.2% | 1.0% -80.5% | -1.3% -125.5% | 5.8% | -0.0% -101.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $128.81M | $57.36M | $165.55M | $308.94M | $287.79M | $340.09M | $273.88M | $306.72M | $307.63M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $201.47M | $173.26M | $457.67M | $730.68M | $427.99M | $554.51M | $420.15M | $450.09M | $466.14M |
| Net PP&E | $0 | $1.26M | $1.22M | $6.21M | $5.54M | $4.23M | $33.15M | $32.79M | $30.95M |
| Goodwill | — | — | $0 | $7.47M | $7.54M | $8.99M | $29.34M | $25.79M | $25.57M |
| Intangibles | $6.59M | $7.81M | $16.91M | $48.79M | $36.66M | $33.56M | $55.43M | $48.15M | $42.94M |
| Total Assets | $223.95M | $218.16M | $511.31M | $798.86M | $482.93M | $633.54M | $756.39M | $770.96M | $791.53M |
| LiabilitiesTotal Current Liabilities | $31.04M | $11.71M | $124.82M | $200.19M | $87.21M | $27.64M | $49.64M | $49.04M | $97.83M |
| Short-Term Debt | — | — | — | — | — | — | $2.40M | $0 | — |
| Long-Term Debt | — | — | — | — | — | — | — | $91.90M | $90.88M |
| Long-Term Leases | $0 | $1.26M | $951.0K | $2.03M | $1.87M | $1.74M | $6.78M | $8.42M | $7.86M |
| Total Liabilities | $32.71M | $35.11M | $212.07M | $353.63M | $193.68M | $43.94M | $203.78M | $186.92M | $234.51M |
| EquityCommon Stock & APIC | $50.0K | $50.0K | $49.0K | $49.0K | $43.0K | $100.0K | $96.0K | $96.0K | $97.0K |
| Retained Earnings | -$422.54M | -$439.66M | -$330.92M | -$181.72M | -$306.79M | -$239.73M | -$275.79M | -$254.10M | -$269.80M |
| Total Equity | $189.39M | $173.13M | $277.27M | $419.43M | $258.28M | $568.27M | $514.83M | $543.45M | $526.79M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | $214.82M | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $20.88M | -$2.31M | -$19.62M | $13.33M | -$37.34M | -$22.51M | $50.12M | $75.24M | $30.00M |
| Cash from Investing | -$24.07M | -$68.06M | $18.60M | $35.75M | $184.46M | $16.18M | -$212.96M | -$21.01M | -$22.55M |
| Cash from Financing | -$4.61M | $33.92M | $109.21M | $59.74M | -$166.14M | $58.63M | $97.56M | -$22.73M | -$17.25M |
| SummaryCapital Expenditure | -$34.0K | -$183.0K | -$199.0K | -$91.0K | -$732.0K | -$189.0K | -$148.67M | -$14.17M | -$24.12M |
| Free Cash Flow | $20.84M | -$2.49M | -$19.82M | $13.23M | -$38.07M | -$22.70M | -$98.55M | $61.07M | $5.89M |
| FCF Margin | 15.8% | -22.2% | -66.5% | 110.3% | -64.3% | -18.1% | -80.6% | 21.4% | 2.1% |