| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $87.21M | $94.34M | $98.78M | $108.72M | $70.26M -19.4% | $75.15M -20.3% | $53.26M -46.1% | $51.60M -52.5% | Weakening |
| Operating Profit | -$72.59M | -$75.29M | -$87.58M | -$88.97M | -$124.82M -72.0% | -$112.11M -48.9% | -$140.41M -60.3% | -$121.16M -36.2% | Weakening |
| Net Profit | -$62.83M | -$65.97M | -$80.20M | -$79.70M | -$116.77M -85.9% | -$104.67M -58.7% | -$133.36M -66.3% | -$115.57M -45.0% | Weakening |
| EPS | $-0.50 | $-0.52 | $-0.62 | — | $-0.86 -72.0% | $-0.75 -44.2% | $-0.94 -51.6% | — | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$62.55M | -$65.72M | -$79.86M | -$79.59M | -$116.47M -86.2% | -$104.43M -58.9% | -$133.19M -66.8% | -$115.46M -45.1% | Weakening |
| MarginsOPM | -83.2% | -79.8% | -88.7% | -81.8% | -177.7% -113.4% | -149.2% -86.9% | -263.6% -197.3% | -234.8% -186.9% | Weakening |
| Tax | -0.4% | -0.4% | -0.4% | -0.1% | -0.3% +39.5% | -0.2% +41.0% | -0.1% +69.0% | -0.1% +28.6% | Strengthening |
| ReturnsROIC | 2.7% | 2.8% | 3.4% | 3.4% | 5.0% +85.9% | 4.4% +58.7% | 5.7% +66.3% | 4.9% +45.0% | Strengthening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $98.61M | $33.10M | $115.36M | $339.53M | $284.83M | $167.15M | $164.36M | $66.20M |
| Short-Term Investments | — | — | — | — | $446.15M | $583.22M | $578.33M | $509.25M |
| Total Current Assets | — | $281.20M | $1.17B | $1.06B | $888.88M | $904.39M | $904.25M | $707.96M |
| Net PP&E | — | $17.13M | $11.23M | $43.53M | $102.15M | $107.30M | $98.62M | $85.69M |
| Goodwill | — | $625.0K | $625.0K | $625.0K | $625.0K | $625.0K | $625.0K | $625.0K |
| Intangibles | — | — | — | — | — | — | — | — |
| Total Assets | — | $305.11M | $1.20B | $1.17B | $1.10B | $1.04B | $1.03B | $816.27M |
| LiabilitiesTotal Current Liabilities | — | $81.04M | $124.48M | $150.17M | $136.04M | $102.33M | $131.88M | $106.57M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $5.65M | $1.74M | $26.85M | $37.32M | $55.60M | $55.49M | $53.10M |
| Total Liabilities | — | $93.80M | $135.30M | $181.41M | $173.36M | $164.87M | $187.58M | $162.52M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — |
| Retained Earnings | — | -$293.64M | -$349.33M | -$541.40M | -$810.24M | -$1.09B | -$1.38B | -$1.85B |
| Total Equity | -$165.43M | -$182.70M | $1.06B | $989.48M | $929.66M | $873.35M | $838.30M | $653.75M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$34.88M | -$61.28M | -$37.55M | -$86.46M | -$115.69M | -$62.36M | -$41.41M | -$190.23M |
| Cash from Investing | -$96.23M | -$124.07M | -$767.15M | $317.01M | $59.95M | -$66.61M | $16.40M | $75.08M |
| Cash from Financing | $54.47M | $119.85M | $887.36M | $5.71M | $621.0K | $11.29M | $22.22M | $16.98M |
| SummaryCapital Expenditure | -$6.81M | -$2.30M | -$1.63M | -$3.79M | -$70.52M | -$25.26M | -$3.04M | -$1.91M |
| Free Cash Flow | -$41.69M | -$63.58M | -$39.18M | -$90.25M | -$186.21M | -$87.62M | -$44.45M | -$192.14M |
| FCF Margin | -45.5% | -40.6% | -21.4% | -35.7% | -69.8% | -28.2% | -11.4% | -76.8% |