| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $14.71M | $15.49M | $16.53M | $16.50M | $17.41M +18.3% | $20.14M +30.0% | $22.94M +38.7% | $24.13M +46.2% | Strengthening |
| Operating Profit | -$7.92M | -$7.10M | -$7.71M | -$8.25M | -$8.71M -10.0% | -$8.47M -19.2% | -$9.30M -20.7% | -$13.91M -68.6% | Weakening |
| Net Profit | -$7.69M | -$8.20M | -$8.12M | -$9.13M | -$8.99M -17.0% | -$8.50M -3.7% | -$7.96M +2.0% | -$14.06M -54.1% | Weakening |
| EPS | $-0.20 | — | $-0.20 | $-0.22 | $-0.21 -5.0% | — | $-0.17 +15.0% | $-0.30 -36.4% | Weakening |
| Other Income | $775.0K | $824.0K | $718.0K | $786.0K | $636.0K -17.9% | $732.0K -11.2% | $670.0K -6.7% | $570.0K -27.5% | Weakening |
| Interest | $55.0K | $45.0K | $48.0K | $42.0K | $49.0K -10.9% | $54.0K +20.0% | $38.0K -20.8% | $30.0K -28.6% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.20M | -$6.32M | -$7.04M | -$7.50M | -$8.13M -12.9% | -$7.79M -23.2% | -$8.67M -23.2% | -$13.37M -78.1% | Weakening |
| MarginsOPM | -53.8% | -45.9% | -46.6% | -50.0% | -50.1% +7.0% | -42.0% +8.3% | -40.5% +13.0% | -57.6% -15.3% | Stable |
| Tax | 1.3% | -19.7% | -3.8% | -11.3% | -4.7% -465.6% | 0.2% | 42.7% | -5.2% +53.8% | Strengthening |
| ReturnsROIC | 4.0% | 4.2% | 4.2% | 4.7% | 4.6% +17.0% | 4.4% +3.7% | 4.1% -2.0% | 7.3% +54.1% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $11.74M | $85.83M | $37.42M | $13.70M | $13.68M | $33.90M | $93.27M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $28.95M | $106.65M | $81.11M | $58.43M | $69.08M | $82.39M | $146.34M |
| Net PP&E | $5.12M | $5.20M | $5.50M | $10.03M | $7.86M | $7.79M | $10.89M |
| Goodwill | $2.68M | $2.68M | $4.22M | $4.18M | $4.18M | $4.18M | $35.30M |
| Intangibles | $3.41M | $2.96M | $4.58M | $3.86M | $3.02M | $2.17M | $18.77M |
| Total Assets | $42.74M | $120.44M | $115.52M | $102.80M | $106.14M | $115.03M | $224.71M |
| LiabilitiesTotal Current Liabilities | $28.23M | $42.49M | $43.67M | $46.40M | $59.28M | $73.20M | $93.34M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | $2.08M | $1.85M | $1.01M | $3.61M | $3.00M | $3.12M | $3.73M |
| Total Liabilities | $49.03M | $67.54M | $77.98M | $87.70M | $107.32M | $129.66M | $157.04M |
| EquityCommon Stock & APIC | $18.0K | $31.0K | $34.0K | $37.0K | $40.0K | $44.0K | $49.0K |
| Retained Earnings | -$15.61M | -$38.99M | -$66.38M | -$103.25M | -$136.88M | -$171.63M | -$193.66M |
| Total Equity | -$12.01M | $52.90M | $37.53M | $15.10M | -$1.19M | -$14.63M | $67.67M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.16M | -$814.0K | -$6.77M | -$15.73M | -$720.0K | $6.73M | $8.51M |
| Cash from Investing | -$5.15M | -$1.36M | -$37.48M | -$4.69M | $970.0K | $12.03M | -$4.98M |
| Cash from Financing | $790.0K | $76.25M | -$4.15M | -$2.92M | -$262.0K | $1.42M | $73.60M |
| SummaryCapital Expenditure | -$654.0K | -$808.0K | -$1.05M | -$1.50M | -$324.0K | -$1.39M | -$1.74M |
| Free Cash Flow | $1.51M | -$1.62M | -$7.82M | -$17.23M | -$1.04M | $5.34M | $6.77M |
| FCF Margin | 4.7% | -4.3% | -15.5% | -32.1% | -1.8% | 7.6% | 8.0% |