| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $75.22M | $78.13M | $79.95M | $83.27M | $88.56M +17.7% | $91.43M +17.0% | $93.49M +16.9% | $100.89M +21.2% | Strengthening |
| Operating Profit | — | — | — | -$27.09M | — | — | — | -$35.17M -29.8% | Weakening |
| Net Profit | -$16.85M | -$32.59M | -$22.23M | -$24.67M | -$23.99M -42.3% | -$17.66M +45.8% | -$23.27M -4.7% | -$34.62M -40.3% | Stable |
| EPS | $-0.14 | — | $-0.17 | $-0.19 | $-0.18 -28.6% | — | $-0.17 +0.0% | $-0.27 -42.1% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$16.11M | -$32.17M | -$21.45M | -$24.11M | -$23.06M -43.1% | -$16.71M +48.1% | -$22.18M -3.4% | -$33.41M -38.5% | Stable |
| MarginsOPM | — | — | — | -32.5% | — | — | — | -34.9% -7.2% | Weakening |
| Tax | -4.6% | -1.3% | -3.6% | -2.3% | -4.0% +12.8% | -5.7% -336.2% | -4.9% -35.3% | -3.6% -57.4% | Weakening |
| ReturnsROIC | 2.5% | 4.9% | 3.3% | 3.7% | 3.6% +42.3% | 2.6% -45.8% | 3.5% +4.7% | 5.2% +40.3% | Stable |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $79.84M | $117.78M | $307.44M | $218.49M | $248.49M | $171.68M | $81.12M | $73.78M |
| Short-Term Investments | — | — | $0 | $11.97M | $73.91M | $69.42M | $110.88M | $66.76M |
| Total Current Assets | — | $148.68M | $355.12M | $284.43M | $379.96M | $303.63M | $256.66M | $220.35M |
| Net PP&E | — | $2.67M | $4.83M | $19.00M | $16.92M | $21.62M | $27.68M | $27.28M |
| Goodwill | — | $1.00M | $4.07M | $4.07M | $4.07M | $24.37M | $25.18M | $25.18M |
| Intangibles | — | $1.96M | $3.55M | $2.02M | $609.0K | $4.36M | $6.38M | $15.56M |
| Total Assets | — | $175.08M | $400.39M | $413.75M | $433.68M | $445.91M | $420.68M | $356.58M |
| LiabilitiesTotal Current Liabilities | — | $53.32M | $90.59M | $109.18M | $132.29M | $144.51M | $164.75M | $210.44M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $0 | $7.09M | $3.60M | $1.77M | $6.88M | $5.54M |
| Total Liabilities | — | $54.39M | $93.84M | $118.79M | $138.93M | $149.35M | $175.34M | $220.38M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — |
| Retained Earnings | — | -$104.82M | -$179.81M | -$273.17M | -$363.53M | -$457.85M | -$546.39M | -$604.28M |
| Total Equity | -$62.88M | -$67.12M | $306.55M | $294.97M | $294.75M | $296.56M | $245.35M | $136.20M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$16.04M | -$10.39M | -$31.71M | -$5.38M | $25.63M | $18.51M | $29.82M | $31.76M |
| Cash from Investing | -$648.0K | -$5.91M | -$1.50M | -$89.39M | $9.32M | -$75.37M | -$55.08M | $69.08M |
| Cash from Financing | $874.0K | $54.24M | $222.64M | $5.83M | -$4.94M | -$19.94M | -$65.33M | -$146.71M |
| SummaryCapital Expenditure | -$648.0K | -$984.0K | -$1.53M | -$3.63M | -$1.28M | -$1.73M | -$1.62M | -$2.32M |
| Free Cash Flow | -$16.68M | -$11.38M | -$33.24M | -$9.02M | $24.35M | $16.78M | $28.20M | $29.44M |
| FCF Margin | -24.4% | -11.1% | -19.9% | -3.8% | 8.8% | 5.6% | 8.2% | 7.9% |