| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $41.51M | $43.83M | $34.76M | $32.47M | $33.14M -20.1% | $27.30M -37.7% | $34.44M -0.9% | $36.75M +13.2% | Weakening |
| Operating Profit | -$10.54M | -$8.14M | -$21.21M | -$90.30M | -$21.86M -107.4% | -$80.53M -889.0% | -$24.25M -14.4% | -$28.56M +68.4% | Weakening |
| Net Profit | -$15.13M | -$138.18M | -$61.99M | -$228.62M | $2.52M | -$5.83M +95.8% | -$56.76M +8.4% | -$25.75M +88.7% | Strengthening |
| EPS | $-0.06 | — | $-0.25 | $-0.71 | $0.01 | — | $-0.12 +52.0% | $-0.05 +93.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$15.11M | -$138.46M | -$61.96M | -$228.60M | $2.54M | -$27.61M +80.1% | -$56.75M +8.4% | -$25.74M +88.7% | Strengthening |
| MarginsOPM | -25.4% | -18.6% | -61.0% | -278.1% | -66.0% -159.8% | -295.0% -1487.6% | -70.4% -15.4% | -77.7% +72.1% | Weakening |
| Tax | -0.1% | 0.2% | -0.0% | -0.0% | 0.7% | 78.9% +39340.0% | -0.0% +50.0% | -0.0% -100.0% | Strengthening |
| ReturnsROIC | 1.6% | 14.6% | 6.5% | 24.1% | -0.3% -116.7% | 0.6% -95.8% | 6.0% -8.4% | 2.7% -88.7% | Weakening |
| Line item | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.64M | $68.90M | $12.63M | $32.56M | $50.14M | $87.13M | $36.28M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | — | $206.18M | $54.34M | $63.78M | $93.76M | $330.54M | $372.88M |
| Net PP&E | — | $1.08M | $6.07M | $5.04M | $10.83M | $8.63M | $7.55M |
| Goodwill | $0 | $91.64M | $48.68M | $48.68M | $119.08M | $241.10M | $238.57M |
| Intangibles | — | $83.65M | $85.69M | $82.04M | $119.12M | $139.47M | $130.84M |
| Total Assets | — | $383.32M | $195.31M | $199.91M | $343.78M | $894.55M | $841.31M |
| LiabilitiesTotal Current Liabilities | — | $70.02M | $35.76M | $69.11M | $202.97M | $185.52M | $65.73M |
| Short-Term Debt | — | $4.23M | $2.06M | $1.23M | $818.0K | $16.56M | $16.64M |
| Long-Term Debt | — | $190.36M | $192.32M | $156.16M | $135.40M | $90.48M | $0 |
| Long-Term Leases | — | $0 | $5.09M | $4.31M | $9.12M | $6.67M | $5.26M |
| Total Liabilities | — | $260.95M | $233.18M | $229.91M | $347.49M | $282.68M | $70.99M |
| EquityCommon Stock & APIC | — | $14.0K | $14.0K | $17.0K | $26.0K | $46.0K | $49.0K |
| Retained Earnings | — | -$131.39M | -$253.06M | -$276.09M | -$571.64M | -$865.55M | -$948.07M |
| Total Equity | $11.68M | $159.69M | $9.76M | -$30.00M | -$3.71M | $611.87M | $770.32M |
| HighlightsNet Cash / (Debt) | — | -$125.70M | -$181.75M | -$124.83M | -$86.08M | -$19.92M | $19.64M |
| Line item | FY19 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $4.12M | -$19.78M | -$48.92M | -$18.31M | -$38.12M | -$41.95M | -$71.63M |
| Cash from Investing | -$18.0K | -$863.0K | -$5.23M | -$3.83M | $2.82M | -$606.68M | -$614.22M |
| Cash from Financing | -$2.84M | $180.86M | -$103.14M | $42.06M | $52.46M | $691.31M | $332.35M |
| SummaryCapital Expenditure | -$18.0K | -$645.0K | -$769.0K | -$2.0K | -$484.0K | -$525.0K | -$1.07M |
| Free Cash Flow | $4.10M | -$20.43M | -$49.69M | -$18.31M | -$38.60M | -$42.48M | -$72.70M |
| FCF Margin | 5.6% | -14.0% | -32.1% | -11.8% | -24.4% | -33.3% | -55.2% |