| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $24.10M | $42.22M | $48.96M | $43.56M | $71.71M +197.5% | $59.71M +41.4% | $34.84M -28.8% | $24.84M -43.0% | Weakening |
| Operating Profit | -$91.39M | $17.08M | -$38.09M | -$45.24M | -$37.62M +58.8% | -$300.62M -1860.0% | -$114.57M -200.8% | -$78.54M -73.6% | Weakening |
| Net Profit | -$86.75M | $17.51M | -$38.98M | -$45.78M | -$3.28M +96.2% | -$734.21M -4293.1% | -$114.32M -193.3% | -$267.53M -484.4% | Weakening |
| EPS | $-0.26 | — | $-0.11 | $-0.12 | $-0.01 +96.2% | — | $-0.28 -154.5% | $-0.65 -441.7% | Weakening |
| Other Income | — | — | — | $379.0K | — | — | — | -$188.63M -49869.4% | Weakening |
| Interest | $346.0K | $590.0K | $777.0K | $1.14M | $1.29M +271.7% | $33.36M +5554.1% | $59.16M +7513.6% | $66.74M +5769.5% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$90.56M | $15.54M | -$38.83M | -$44.86M | -$3.59M +96.0% | -$738.28M -4851.4% | -$113.91M -193.3% | -$267.16M -495.5% | Weakening |
| MarginsOPM | -379.2% | 40.5% | -77.8% | -103.8% | -52.5% +86.2% | -503.4% -1344.6% | -328.9% -322.7% | -316.2% -204.5% | Weakening |
| Tax | 4.2% | -12.7% | -0.4% | -2.0% | 8.4% +101.2% | 0.6% | -0.4% +2.7% | -0.1% +93.1% | Strengthening |
| ReturnsROIC | 6.3% | -1.3% | 2.8% | 3.3% | 0.2% -96.2% | 53.0% | 8.3% +193.3% | 19.3% +484.4% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.28M | $209.84M | $11.93M | $74.18M | $5.58M | $628.26M | $831.83M |
| Short-Term Investments | $170.03M | — | — | — | — | — | — |
| Total Current Assets | $1.57M | $223.66M | $47.73M | $155.50M | $168.21M | $2.65B | $4.13B |
| Net PP&E | — | $5.12M | $196.28M | $250.89M | $493.43M | $644.74M | $2.17B |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | $5.00M | — | $596.0K | $8.11M | $8.88M | $77.39M | $76.93M |
| Total Assets | $171.60M | $354.17M | $418.46M | $566.14M | $855.45M | $4.29B | $7.50B |
| LiabilitiesTotal Current Liabilities | $129.4K | $499.0K | $40.33M | $33.79M | $131.78M | $699.07M | $1.38B |
| Short-Term Debt | — | — | — | $0 | $32.33M | $37.79M | $94.48M |
| Long-Term Debt | — | — | — | — | $0 | $2.71B | $5.45B |
| Long-Term Leases | — | — | $4.49M | $6.28M | $9.83M | $8.54M | $37.94M |
| Total Liabilities | $252.5K | $636.0K | $75.57M | $74.80M | $173.49M | $3.46B | $6.91B |
| EquityCommon Stock & APIC | $4.5K | $252.0K | $251.0K | $296.0K | $361.0K | $412.0K | $424.0K |
| Retained Earnings | -$107.0K | -$72.16M | -$111.21M | -$136.78M | -$181.41M | -$1.00B | -$1.39B |
| Total Equity | $1.35M | $353.53M | $342.89M | $491.34M | $681.95M | $805.53M | $562.06M |
| HighlightsNet Cash / (Debt) | — | — | — | — | -$26.75M | -$2.12B | -$4.71B |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$31.67M | -$20.91M | -$94.24M | -$87.51M | -$207.94M | -$256.49M |
| Cash from Investing | -$120.14M | -$173.91M | $52.76M | -$192.13M | -$336.61M | -$1.02B |
| Cash from Financing | $361.65M | -$3.09M | $115.66M | $213.51M | $3.19B | $5.76B |
| SummaryCapital Expenditure | -$5.11M | -$39.22M | -$20.48M | -$139.50M | -$487.92M | -$1.23B |
| Free Cash Flow | -$36.78M | -$60.13M | -$114.72M | -$227.01M | -$695.86M | -$1.49B |
| FCF Margin | — | -1980.0% | -90.4% | -150.1% | -310.7% | -779.9% |