| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $463.0K | $16.93M | $1.58M | $66.77M | $1.94M +318.1% | $17.75M +4.9% | $19.36M +1125.8% | $28.62M -57.1% | Strengthening |
| Operating Profit | -$140.80M | -$139.04M | -$155.63M | -$111.51M | -$166.75M -18.4% | -$178.37M -28.3% | -$183.62M -18.0% | -$179.17M -60.7% | Weakening |
| Net Profit | -$160.54M | -$150.02M | -$161.38M | -$134.37M | -$306.18M -90.7% | -$183.03M -22.0% | -$206.03M -27.7% | -$198.76M -47.9% | Weakening |
| EPS | $-1.36 | — | $-1.36 | $-1.12 | $-2.55 -87.5% | — | $-1.67 -22.8% | $-1.50 -33.9% | Weakening |
| Other Income | $17.05M | $15.01M | $13.70M | $13.00M | $10.25M -39.9% | $11.47M -23.6% | $11.02M -19.6% | $13.94M +7.2% | Weakening |
| Interest | $8.93M | $8.94M | — | $11.08M | $11.35M +27.2% | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -30410.6% | -821.4% | -9856.3% | -167.0% | -8613.4% +71.7% | -1004.6% -22.3% | -948.7% +90.4% | -626.0% -274.8% | Weakening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.1% | 3.9% | 4.1% | 3.5% | 7.9% +90.7% | 4.7% +22.0% | 5.3% +27.7% | 5.1% +47.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $42.26M | $36.43M | $82.98M | $112.67M | $65.58M | $113.02M | $94.86M | $122.52M | $255.27M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $207.67M | $233.75M | $474.22M | $535.67M | $795.19M | $628.05M | $1.11B | $916.98M | $1.21B |
| Net PP&E | $3.20M | $4.53M | $16.27M | $146.41M | $163.19M | $147.74M | $140.97M | $155.17M | $151.81M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $211.18M | $289.81M | $533.80M | $841.32M | $1.01B | $824.32M | $1.40B | $1.42B | $1.92B |
| LiabilitiesTotal Current Liabilities | $22.19M | $26.02M | $31.20M | $71.86M | $84.62M | $102.68M | $179.67M | $202.45M | $181.43M |
| Short-Term Debt | $2.61M | $0 | $0 | — | $958.0K | $10.08M | $11.52M | $41.18M | $27.36M |
| Long-Term Debt | $39.81M | $45.05M | $46.21M | $47.37M | $63.81M | $58.38M | $93.23M | $246.38M | $248.20M |
| Long-Term Leases | $771.0K | $2.19M | $440.0K | $112.23M | $126.89M | $120.43M | $112.58M | $107.97M | $102.43M |
| Total Liabilities | $185.24M | $300.75M | $420.42M | $597.46M | $1.12B | $1.21B | $1.54B | $2.08B | $2.10B |
| EquityCommon Stock & APIC | $55.0K | $59.0K | $70.0K | $84.0K | $94.0K | $102.0K | $118.0K | $123.0K | $138.0K |
| Retained Earnings | -$743.32M | -$865.02M | -$992.31M | -$1.21B | -$1.59B | -$2.11B | -$2.70B | -$3.49B | -$3.89B |
| Total Equity | $25.93M | -$10.94M | $113.38M | $243.86M | -$107.90M | -$386.32M | -$135.37M | -$659.63M | -$173.49M |
| HighlightsNet Cash / (Debt) | -$157.0K | -$8.62M | $36.78M | — | $814.0K | $44.56M | -$9.89M | -$165.05M | -$20.29M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$101.22M | -$90.91M | $8.94M | -$142.52M | -$299.52M | -$414.33M | -$395.89M | -$510.01M | -$555.45M |
| Cash from Investing | $5.13M | -$74.71M | -$196.51M | -$147.78M | -$262.13M | $239.25M | -$553.10M | $16.67M | -$503.68M |
| Cash from Financing | $13.13M | $159.79M | $234.12M | $319.98M | $516.17M | $221.32M | $930.61M | $524.46M | $1.24B |
| SummaryCapital Expenditure | -$889.0K | -$2.62M | -$11.05M | -$48.87M | -$11.34M | -$1.42M | -$3.91M | -$24.81M | -$25.26M |
| Free Cash Flow | -$102.10M | -$93.53M | -$2.11M | -$191.39M | -$310.85M | -$415.75M | -$399.80M | -$534.82M | -$580.72M |
| FCF Margin | -324.1% | -348.1% | -3.8% | -271.8% | -328.6% | -5521.2% | -2164.1% | -607.5% | -858.2% |