| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $37.43M | $46.50M | $57.34M | $62.47M | $58.77M +57.0% | $57.62M +23.9% | $53.54M -6.6% | $49.13M -21.4% | Stable |
| Operating Profit | -$12.51M | -$14.31M | $13.51M | $14.09M | $4.45M | -$8.55M +40.2% | -$4.70M -134.7% | -$6.33M -144.9% | Weakening |
| Net Profit | -$20.04M | -$22.80M | $6.11M | $247.0K | $540.0K | -$12.24M +46.3% | -$9.05M -248.1% | -$8.91M -3706.5% | Weakening |
| EPS | $-0.10 | — | $0.03 | $0.00 | $0.00 +100.0% | — | $-0.03 -200.0% | $-0.03 | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$20.04M | -$22.80M | $6.11M | $247.0K | $1.16M | -$11.23M +50.7% | -$8.93M -246.1% | -$8.84M -3678.1% | Weakening |
| MarginsOPM | -33.4% | -30.8% | 23.6% | 22.6% | 7.6% | -14.8% +51.8% | -8.8% -137.2% | -12.9% -157.1% | Weakening |
| Tax | 0.0% | — | 0.0% | 0.0% | 53.3% | -9.0% | -1.4% | -0.8% | Weakening |
| ReturnsROIC | 1.2% | 1.3% | -0.4% | -0.0% | -0.0% -102.7% | 0.7% -46.3% | 0.5% | 0.5% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $104.64M | $147.45M | $228.70M | $149.80M | $90.47M | $42.92M | $51.87M | $184.84M | $155.55M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $468.27M | $309.53M | $371.44M | $271.15M | $185.18M | $118.15M | $113.83M | $252.96M | $229.55M |
| Net PP&E | $8.02M | $39.42M | $35.50M | $40.61M | $34.37M | $16.05M | $10.42M | $4.88M | $7.31M |
| Goodwill | $55.05M | $55.05M | $55.05M | $59.04M | $59.04M | $59.04M | $59.04M | $59.04M | $59.04M |
| Intangibles | $328.15M | $291.21M | $144.17M | $108.13M | $72.08M | $36.04M | $0 | — | — |
| Total Assets | $996.54M | $771.20M | $644.14M | $529.35M | $356.05M | $241.70M | $220.67M | $376.56M | $349.66M |
| LiabilitiesTotal Current Liabilities | $265.69M | $208.12M | $187.15M | $261.05M | $129.54M | $99.87M | $80.91M | $162.94M | $160.87M |
| Short-Term Debt | $15.00M | — | $0 | $97.54M | $32.00M | $17.50M | $0 | $0 | $24.81M |
| Long-Term Debt | — | $75.81M | $96.38M | $0 | $34.08M | $17.18M | $38.69M | $48.25M | $24.75M |
| Long-Term Leases | — | $27.53M | $24.62M | $33.70M | $28.96M | $8.95M | $3.55M | $0 | $4.40M |
| Total Liabilities | $360.61M | $376.44M | $396.52M | $455.34M | $350.82M | $272.29M | $269.86M | $343.95M | $324.64M |
| EquityCommon Stock & APIC | $1.0K | $1.0K | $1.0K | $1.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K |
| Retained Earnings | -$514.39M | -$794.05M | -$1.18B | -$1.46B | -$1.56B | -$1.61B | -$1.68B | -$1.68B | -$1.70B |
| Total Equity | $635.93M | $392.88M | $244.35M | $74.01M | $5.23M | -$30.58M | -$49.19M | $32.61M | $25.02M |
| HighlightsNet Cash / (Debt) | — | — | $132.32M | $52.26M | $24.39M | $8.24M | $13.18M | $136.59M | $105.98M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$97.49M | -$257.44M | -$110.39M | -$252.97M | -$73.15M | -$23.38M | -$40.66M | $67.99M | $41.55M |
| Cash from Investing | $36.59M | $211.18M | -$40.00M | $39.94M | -$114.0K | $0 | -$33.0K | -$7.93M | -$12.10M |
| Cash from Financing | $96.56M | $88.97M | $231.72M | $133.73M | $14.60M | -$25.21M | $49.66M | $72.93M | -$11.20M |
| SummaryCapital Expenditure | -$1.61M | -$6.66M | -$317.0K | -$59.0K | -$114.0K | $0 | -$33.0K | -$291.0K | -$1.29M |
| Free Cash Flow | -$99.10M | -$264.10M | -$110.70M | -$253.02M | -$73.27M | -$23.38M | -$40.69M | $67.70M | $40.26M |
| FCF Margin | -47.7% | -78.8% | -37.6% | -119.5% | -25.1% | -12.0% | -25.4% | 28.7% | 18.4% |