| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $33.43M | $38.09M | $50.92M | $18.66M | $5.96M -82.2% | $663.0K -98.3% | $10.26M -79.9% | $1.42M -92.4% | Weakening |
| Operating Profit | $4.11M | $17.68M | $22.62M | -$1.29M | -$15.77M -483.6% | -$27.93M -258.0% | -$19.67M -187.0% | -$23.78M -1749.2% | Weakening |
| Net Profit | $5.74M | $18.88M | $23.52M | -$154.0K | -$14.23M -348.1% | -$26.51M -240.4% | -$18.25M -177.6% | -$20.67M -13319.5% | Weakening |
| EPS | — | — | — | — | — | — | — | — | — |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $5.80M | $18.94M | $23.59M | -$91.0K | -$14.17M -344.5% | -$26.45M -239.7% | -$18.19M -177.1% | -$20.61M -22544.0% | Weakening |
| MarginsOPM | 12.3% | 46.4% | 44.4% | -6.9% | -264.4% -2249.8% | -4212.8% -9177.4% | -191.8% -531.6% | -1677.1% -24240.8% | Weakening |
| Tax | 1.1% | 0.3% | 0.3% | -69.2% | -0.4% -139.0% | -0.2% -163.6% | -0.3% -223.1% | -0.3% +99.6% | Weakening |
| ReturnsROIC | -0.8% | -2.5% | -3.1% | 0.0% | 1.9% | 3.5% | 2.4% | 2.8% +13319.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $247.58M | $188.43M | $191.86M | $205.53M | $193.65M | $17.17M | $38.05M | $12.67M | $17.22M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $445.48M | $303.33M | $324.01M | $310.30M | $237.10M | $182.94M | $107.31M | $143.92M | $373.15M |
| Net PP&E | $6.93M | $32.75M | $29.45M | $25.32M | $21.02M | $16.18M | $10.60M | $4.70M | $6.12M |
| Goodwill | $949.0K | $949.0K | $949.0K | $949.0K | $949.0K | $949.0K | $949.0K | $949.0K | $949.0K |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $457.11M | $341.28M | $358.66M | $339.41M | $260.89M | $201.79M | $120.53M | $151.57M | $381.23M |
| LiabilitiesTotal Current Liabilities | $97.91M | $85.59M | $68.11M | $77.87M | $152.61M | $155.91M | $85.77M | $46.62M | $39.86M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $24.87M | $21.68M | $18.06M | $13.97M | $9.38M | $4.24M | $0 | $4.21M |
| Total Liabilities | $326.23M | $290.17M | $366.44M | $339.87M | $346.64M | $249.24M | $120.99M | $52.56M | $79.16M |
| EquityCommon Stock & APIC | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $2.0K | $2.0K |
| Retained Earnings | -$314.98M | -$442.87M | -$507.69M | -$623.56M | -$722.88M | -$723.45M | -$691.58M | -$711.95M | -$750.86M |
| Total Equity | $135.83M | $25.47M | -$7.77M | -$459.0K | -$85.75M | -$47.45M | -$456.0K | $99.01M | $302.07M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$75.52M | -$140.48M | $5.26M | -$119.03M | -$110.79M | -$56.03M | -$86.23M | -$75.59M | -$82.41M |
| Cash from Investing | $5.93M | $79.70M | -$18.72M | $22.49M | $98.26M | -$150.67M | $99.70M | -$59.74M | -$200.80M |
| Cash from Financing | $139.62M | $1.63M | $16.89M | $110.21M | $648.0K | $30.23M | $7.52M | $110.45M | $251.89M |
| SummaryCapital Expenditure | -$3.79M | -$3.50M | -$2.31M | -$1.61M | -$1.74M | -$840.0K | -$310.0K | -$220.0K | -$74.0K |
| Free Cash Flow | -$79.31M | -$143.98M | $2.95M | -$120.64M | -$112.53M | -$56.88M | -$86.54M | -$75.81M | -$82.48M |
| FCF Margin | -133.3% | -535.2% | 4.3% | -323.3% | -211.7% | -56.2% | -62.7% | -99.5% | -450.7% |