| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $34.85M | $36.16M | $52.92M | $104.64M | $64.22M +84.3% | $126.59M +250.1% | $126.64M +139.3% | $293.87M +180.8% | Strengthening |
| Operating Profit | $25.29M | -$12.80M | -$18.94M | -$65.72M | -$22.29M -188.1% | -$30.96M -141.8% | -$85.67M -352.2% | -$97.55M -48.4% | Weakening |
| Net Profit | -$4.25M | -$138.73M | — | — | -$16.93M -298.5% | -$14.45M +89.6% | — | — | Strengthening |
| EPS | $-0.03 | $-0.66 | $-0.16 | — | $-0.07 -133.3% | $-0.07 +89.4% | $-0.36 -125.0% | — | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $2.96M | $2.93M | $8.90M | $17.35M | $3.95M +33.4% | $11.48M +292.1% | -$2.39M -126.8% | $16.47M -5.1% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $15.91M | -$128.36M | -$35.44M | -$83.08M | -$26.24M -264.9% | -$26.55M +79.3% | -$70.56M -99.1% | -$58.19M +30.0% | Strengthening |
| MarginsOPM | 72.6% | -35.4% | -35.8% | -62.8% | -34.7% -147.8% | -24.4% +31.0% | -67.7% -89.0% | -33.2% +47.2% | Weakening |
| Tax | 0.0% | 0.0% | -0.3% | 0.0% | -0.0% | -0.1% | 0.0% +100.0% | -3.0% -15300.0% | Weakening |
| ReturnsROIC | 0.6% | 21.0% | — | — | 2.6% +298.5% | 2.2% -89.6% | — | — | Weakening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $11.75M | $38.80M | $29.00M | $3.34M | $43.95M | $1.59B |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $11.76M | $40.36M | $45.67M | $404.14M | $132.80M | $4.66B |
| Net PP&E | $20.0K | $65.37M | $199.44M | $330.62M | $1.34B | $4.31B |
| Goodwill | — | — | — | — | $0 | $54.51M |
| Intangibles | — | — | — | — | — | — |
| Total Assets | $15.05M | $119.98M | $263.96M | $762.87M | $1.87B | $9.93B |
| LiabilitiesTotal Current Liabilities | $2.50M | $29.00M | $115.46M | $554.11M | $499.73M | $1.16B |
| Short-Term Debt | — | — | — | — | — | — |
| Long-Term Debt | — | $7.19M | — | — | — | — |
| Long-Term Leases | — | $936.0K | $1.00M | $1.07M | $58.80M | $47.18M |
| Total Liabilities | $2.50M | $40.74M | $194.28M | $638.04M | $1.24B | $6.19B |
| EquityCommon Stock & APIC | $2.0K | $98.0K | $101.0K | $144.0K | $230.0K | $296.0K |
| Retained Earnings | -$21.62M | -$56.07M | -$100.72M | -$249.99M | -$481.06M | -$662.33M |
| Total Equity | -$2.58M | $72.26M | $59.52M | $124.83M | $497.69M | $1.72B |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$83.0K | -$872.0K | $58.73M | $13.79M | -$115.40M | $89.69M |
| Cash from Investing | -$3.30M | -$45.87M | -$132.09M | -$172.44M | -$667.65M | -$2.94B |
| Cash from Financing | $15.13M | $81.29M | $70.63M | $146.76M | $874.69M | $6.88B |
| SummaryCapital Expenditure | -$20.0K | -$58.25M | -$131.28M | -$141.81M | -$681.60M | -$2.87B |
| Free Cash Flow | -$103.0K | -$59.12M | -$72.54M | -$128.01M | -$797.00M | -$2.78B |
| FCF Margin | — | -691.6% | -131.0% | -77.3% | -348.7% | -454.1% |