| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $81.01M | $76.66M | $68.73M | $74.96M | $70.22M -13.3% | $61.59M -19.7% | $58.21M -15.3% | $68.83M -8.2% | Weakening |
| Operating Profit | -$30.91M | -$37.81M | -$64.37M | -$37.52M | -$112.33M -263.4% | -$119.41M -215.8% | -$41.10M +36.1% | -$30.81M +17.9% | Weakening |
| Net Profit | -$26.58M | -$44.86M | -$61.09M | -$31.84M | -$110.69M -316.5% | $422.64M | -$28.48M +53.4% | $16.40M | Strengthening |
| EPS | $-0.41 | — | $-0.80 | $-0.42 | $-1.44 -251.2% | — | $-0.06 +92.5% | $0.03 | Strengthening |
| Other Income | $4.38M | -$7.04M | $3.29M | $5.73M | $1.65M -62.3% | $542.05M | $12.64M +283.7% | $47.23M +724.3% | Strengthening |
| Interest | $1.03M | $1.02M | $1.02M | $2.00M | $4.42M +329.8% | $6.58M +542.3% | $6.73M +557.4% | $6.57M +228.2% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$26.53M | -$44.85M | -$61.08M | -$31.79M | -$110.68M -317.2% | $422.64M | -$28.47M +53.4% | $16.42M | Strengthening |
| MarginsOPM | -38.2% | -49.3% | -93.7% | -50.0% | -160.0% -319.2% | -193.9% -293.1% | -70.6% +24.6% | -44.8% +10.6% | Weakening |
| Tax | -0.0% | 0.0% | 0.0% | 0.0% | 0.0% +100.0% | 0.0% | 0.0% | 0.0% | — |
| ReturnsROIC | 2.6% | 4.3% | 5.9% | 3.1% | 10.7% +316.5% | -40.9% -1042.1% | 2.8% -53.4% | -1.6% -151.5% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $54.27M | $275.99M | $159.13M | $733.29M | $309.92M | $190.50M | $131.91M | $203.89M | $171.37M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $102.83M | $403.59M | $332.23M | $1.05B | $606.46M | $372.84M | $286.46M | $341.48M | $295.65M |
| Net PP&E | $30.53M | $47.47M | $129.87M | $253.30M | $344.60M | $324.51M | $308.86M | $218.92M | $206.28M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $133.75M | $451.92M | $468.01M | $1.38B | $1.06B | $774.45M | $678.15M | $614.75M | $559.85M |
| LiabilitiesTotal Current Liabilities | $25.17M | $47.70M | $88.97M | $94.19M | $75.84M | $74.35M | $61.45M | $74.92M | $112.24M |
| Short-Term Debt | $0 | $11.00M | $25.00M | $0 | $0 | $0 | $0 | $0 | $29.46M |
| Long-Term Debt | $30.39M | $19.57M | $0 | $1.13B | $1.13B | $1.14B | $1.14B | $415.74M | $294.34M |
| Long-Term Leases | — | — | $11.79M | $22.60M | $55.85M | $75.65M | $73.61M | $4.06M | $3.06M |
| Total Liabilities | $255.50M | $67.83M | $100.91M | $1.25B | $1.27B | $1.29B | $1.28B | $615.74M | $503.10M |
| EquityCommon Stock & APIC | $1.0K | $6.0K | $6.0K | $6.0K | $6.0K | $6.0K | $8.0K | $45.0K | $52.0K |
| Retained Earnings | -$129.67M | -$142.12M | -$194.87M | -$376.97M | -$743.11M | -$1.08B | -$1.24B | -$1.02B | -$1.03B |
| Total Equity | -$121.75M | $384.09M | $367.10M | $132.50M | -$203.55M | -$513.37M | -$601.21M | -$997.0K | $56.76M |
| HighlightsNet Cash / (Debt) | $23.88M | $245.42M | $134.13M | -$396.38M | -$823.69M | -$947.04M | -$1.01B | -$211.85M | -$152.43M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$37.72M | -$46.99M | -$39.99M | -$301.37M | -$320.24M | -$107.83M | -$98.81M | -$144.93M | -$110.11M |
| Cash from Investing | -$23.24M | -$26.16M | -$74.90M | -$147.48M | -$87.53M | -$9.49M | -$6.23M | -$10.25M | -$6.47M |
| Cash from Financing | $76.20M | $294.88M | -$1.76M | $1.02B | $276.0K | -$550.0K | $45.78M | $223.41M | $184.54M |
| SummaryCapital Expenditure | -$22.23M | -$23.80M | -$57.70M | -$135.96M | -$70.47M | -$10.56M | -$11.02M | -$12.31M | -$9.90M |
| Free Cash Flow | -$59.95M | -$70.79M | -$97.69M | -$437.33M | -$390.72M | -$118.39M | -$109.83M | -$157.24M | -$120.01M |
| FCF Margin | -68.2% | -23.8% | -24.0% | -94.1% | -93.3% | -34.5% | -33.6% | -57.1% | -46.4% |