| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $46.44M | $47.46M | $52.44M | $58.88M | $93.97M +102.4% | $71.68M +51.0% | $70.87M +35.1% | $71.55M +21.5% | Strengthening |
| Operating Profit | -$32.63M | -$33.84M | -$29.60M | -$25.04M | $10.29M | -$12.77M +62.3% | -$19.21M +35.1% | -$15.77M +37.0% | Strengthening |
| Net Profit | -$32.07M | -$33.69M | -$29.85M | -$25.61M | $9.55M | -$13.58M +59.7% | -$20.03M +32.9% | -$39.79M -55.3% | Strengthening |
| EPS | $-0.22 | — | $-0.20 | $-0.17 | $0.06 | — | $-0.13 +35.0% | $-0.25 -47.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $2.94M | $2.95M | $2.90M | $2.95M | $2.97M +1.1% | $2.95M +0.1% | $2.89M -0.6% | $2.69M -8.6% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -70.3% | -71.3% | -56.5% | -42.5% | 10.9% | -17.8% +75.0% | -27.1% +52.0% | -22.0% +48.2% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 2.3% | 2.4% | 2.1% | 1.8% | -0.7% -129.8% | 1.0% -59.7% | 1.4% -32.9% | 2.8% +55.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $55.03M | $96.58M | $123.44M | $139.06M | $90.03M | $65.06M | $47.92M | $70.50M | $169.87M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $180.72M | $612.69M | $726.91M | $402.75M | $562.15M | $410.19M | $283.75M | $300.19M | $420.56M |
| Net PP&E | $19.13M | $60.35M | $139.04M | $172.94M | $164.21M | $120.32M | $94.38M | $74.72M | $68.57M |
| Goodwill | $118.97M | $118.97M | $118.97M | $118.97M | $118.97M | $118.97M | $118.97M | $118.97M | $118.97M |
| Intangibles | $13.63M | $11.93M | $10.22M | $8.53M | $6.83M | $5.13M | $3.42M | $1.73M | $884.0K |
| Total Assets | $332.69M | $912.30M | $1.12B | $923.34M | $856.62M | $661.13M | $539.38M | $512.74M | $640.68M |
| LiabilitiesTotal Current Liabilities | $22.80M | $78.31M | $105.20M | $113.81M | $109.79M | $88.02M | $98.05M | $89.92M | $87.71M |
| Short-Term Debt | — | — | — | — | — | — | $865.0K | $4.64M | $0 |
| Long-Term Debt | — | — | — | — | $125.36M | $130.66M | $132.41M | $126.57M | $0 |
| Long-Term Leases | — | — | $104.33M | $106.69M | $98.77M | $89.39M | $79.15M | $70.23M | $66.80M |
| Total Liabilities | $29.94M | $341.26M | $373.15M | $319.24M | $392.52M | $352.86M | $336.89M | $287.74M | $490.02M |
| EquityCommon Stock & APIC | $1.0K | $12.0K | $14.0K | $14.0K | $14.0K | $14.0K | $14.0K | $15.0K | $16.0K |
| Retained Earnings | -$295.91M | -$365.48M | -$511.61M | -$718.89M | -$919.08M | -$1.14B | -$1.30B | -$1.36B | -$1.42B |
| Total Equity | -$258.11M | $571.04M | $743.27M | $603.99M | $464.17M | $308.40M | $202.71M | $218.79M | $142.91M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | -$85.36M | -$60.71M | $169.87M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$32.26M | $205.40M | -$149.68M | -$192.73M | -$183.94M | -$156.32M | -$95.21M | -$45.99M | -$21.01M |
| Cash from Investing | $736.0K | -$481.70M | -$117.04M | $181.21M | $2.90M | $129.65M | $77.79M | $37.95M | -$25.30M |
| Cash from Financing | $1.25M | $319.92M | $293.59M | $27.15M | $132.26M | $2.25M | $241.0K | $30.40M | $173.03M |
| SummaryCapital Expenditure | -$6.30M | -$11.20M | -$18.80M | -$61.75M | -$16.35M | -$10.70M | -$3.66M | -$2.96M | -$3.02M |
| Free Cash Flow | -$38.56M | $194.20M | -$168.49M | -$254.47M | -$200.29M | -$167.02M | -$98.88M | -$48.95M | -$24.03M |
| FCF Margin | -69.3% | 228.3% | -171.3% | -164.9% | -108.1% | -98.1% | -55.3% | -17.7% | -7.8% |