| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $22.84M | $25.78M | $25.11M | $25.66M | $30.46M +33.4% | $32.33M +25.4% | $27.92M +11.2% | $32.11M +25.2% | Strengthening |
| Operating Profit | -$36.61M | $28.50M | -$52.37M | $11.74M | $141.80M | -$193.00M -777.3% | -$142.91M -172.9% | -$82.61M -803.8% | Weakening |
| Net Profit | -$38.80M | $28.97M | -$57.71M | $14.87M | $150.88M | -$188.36M -750.1% | -$146.67M -154.1% | -$107.21M -820.8% | Weakening |
| EPS | $-0.26 | — | $-0.32 | $0.07 | $0.48 | — | $-0.45 -40.6% | $-0.31 -542.9% | Weakening |
| Other Income | -$1.56M | $1.71M | -$4.67M | $4.73M | $5.62M | $2.31M +35.5% | -$6.94M -48.7% | -$30.51M -745.5% | Weakening |
| Interest | — | — | — | — | — | — | $5.08M | $8.06M | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$38.17M | $30.20M | -$57.04M | $16.46M | $147.42M | -$193.78M -741.6% | -$149.86M -162.7% | -$113.13M -787.1% | Weakening |
| MarginsOPM | -160.3% | 110.5% | -208.6% | 45.8% | 465.5% | -596.9% -640.1% | -511.8% -145.3% | -257.3% -662.3% | Weakening |
| Tax | -1.6% | 4.1% | -1.2% | 9.7% | 0.5% | 2.6% -37.3% | -0.3% +76.3% | 1.3% -86.7% | Weakening |
| ReturnsROIC | 9.0% | -6.7% | 13.4% | -3.5% | -35.1% -488.9% | 43.8% | 34.1% +154.1% | 25.0% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.33M | $16.0K | $405.1K | $42.40M | $32.69M | $16.86M | $95.20M | $118.36M | $83.56M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $5.66M | $560.3K | $8.72M | $90.32M | $64.40M | $83.35M | $296.86M | $178.01M | $245.45M |
| Net PP&E | $723.8K | — | $29.85M | $32.49M | $22.61M | $87.69M | $122.27M | $372.30M | $684.50M |
| Goodwill | — | — | — | — | — | — | $19.38M | $20.15M | $19.40M |
| Intangibles | — | — | — | — | — | — | $13.03M | $12.82M | $12.00M |
| Total Assets | $12.48M | $4.52M | $39.89M | $173.68M | $100.42M | $189.33M | $538.25M | $1.17B | $1.24B |
| LiabilitiesTotal Current Liabilities | $403.2K | $429.6K | $1.89M | $5.04M | $7.44M | $27.08M | $55.03M | $92.95M | $162.50M |
| Short-Term Debt | — | — | — | — | — | — | — | — | $78.44M |
| Long-Term Debt | — | — | — | $2.77M | $3.04M | — | — | — | $25.46M |
| Long-Term Leases | — | — | — | — | — | $4.35M | $9.28M | $5.42M | $10.23M |
| Total Liabilities | $403.2K | $429.6K | $1.89M | $8.27M | $10.49M | $36.62M | $74.77M | $309.16M | $703.76M |
| EquityCommon Stock & APIC | $149.0K | $154.0K | $480.4K | $695.9K | $824.9K | $1.07M | $1.79M | $3.24M | $3.55M |
| Retained Earnings | -$4.32M | -$13.79M | -$15.70M | -$26.12M | -$131.42M | -$146.91M | -$98.21M | -$178.53M | -$433.21M |
| Total Equity | $11.61M | $3.83M | $37.63M | $165.40M | $89.93M | $152.70M | $463.48M | $723.99M | $395.16M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | -$20.34M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$5.05M | -$1.35M | -$971.7K | -$17.35M | -$8.50M | $1.11M | -$12.99M | -$288.92M | -$277.25M |
| Cash from Investing | -$3.33M | -$916.2K | -$4.49M | -$46.84M | -$18.61M | -$69.16M | -$149.02M | -$287.42M | -$451.63M |
| Cash from Financing | $5.94M | — | $5.25M | $106.19M | $18.71M | $52.22M | $242.86M | $599.08M | $630.50M |
| SummaryCapital Expenditure | -$753.1K | — | -$4.51M | -$46.84M | -$19.33M | -$66.66M | -$94.00M | -$285.93M | -$483.50M |
| Free Cash Flow | -$5.80M | — | -$5.48M | -$64.19M | -$27.83M | -$65.55M | -$106.99M | -$574.85M | -$760.75M |
| FCF Margin | -73.6% | — | -26.0% | -66.8% | -86.2% | -145.9% | -99.0% | -506.2% | -619.3% |