| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $89.05M | $43.85M | $38.23M | $39.13M | $38.84M -56.4% | $53.95M +23.1% | $19.47M -49.1% | $20.16M -48.5% | Weakening |
| Operating Profit | -$55.20M | -$103.61M | -$80.97M | -$58.16M | -$90.02M -63.1% | -$86.13M +16.9% | -$71.37M +11.9% | -$58.55M -0.7% | Strengthening |
| Net Profit | -$56.40M | — | -$90.96M | -$60.30M | -$80.75M -43.2% | -$80.75M | -$82.59M +9.2% | -$46.71M +22.5% | Strengthening |
| EPS | $-1.08 | — | $-1.68 | $-1.10 | $-1.45 -34.3% | — | $-1.39 +17.3% | $-0.75 +31.8% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | -$9.25M | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$56.78M | -$107.86M | -$83.22M | -$53.48M | -$80.75M -42.2% | -$96.15M +10.9% | -$76.14M +8.5% | -$57.19M -6.9% | Strengthening |
| MarginsOPM | -62.0% | -236.3% | -211.8% | -148.6% | -231.8% -273.9% | -159.6% +32.4% | -366.5% -73.0% | -290.5% -95.4% | Weakening |
| Tax | 0.7% | 0.3% | -0.1% | 0.5% | 0.0% -100.0% | 0.7% +123.3% | 0.1% | -0.2% -141.5% | Weakening |
| ReturnsROIC | 0.9% | — | 1.4% | 1.0% | 1.3% +43.2% | 1.3% | 1.3% -9.2% | 0.7% -22.5% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $495.29M | $380.80M | $1.55B | $1.32B | $944.07M | $561.57M | $167.20M | $84.53M |
| Short-Term Investments | — | — | — | — | — | $0 | $255.42M | — |
| Total Current Assets | — | $426.54M | $1.72B | $1.45B | $1.00B | $602.74M | $471.84M | $332.54M |
| Net PP&E | — | $121.44M | $145.77M | $715.53M | $394.99M | $598.15M | $528.29M | $504.85M |
| Goodwill | $1.86M | $1.86M | $21.31M | $60.21M | $49.24M | $0 | — | — |
| Intangibles | — | $3.29M | $21.64M | $111.04M | $82.74M | $72.51M | $53.48M | $44.39M |
| Total Assets | — | $675.15M | $2.07B | $2.54B | $1.67B | $1.38B | $1.12B | $990.05M |
| LiabilitiesTotal Current Liabilities | — | $73.22M | $134.76M | $172.96M | $163.86M | $107.27M | $95.97M | $72.74M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $0 | $413.26M | $221.84M | $438.77M | $417.08M | $404.11M |
| Total Liabilities | — | $205.10M | $503.61M | $803.04M | $568.19M | $661.39M | $611.11M | $569.76M |
| EquityCommon Stock & APIC | — | $129.0K | $161.0K | $190.0K | $5.0K | $5.0K | $6.0K | $6.0K |
| Retained Earnings | — | -$467.88M | -$2.30B | -$4.40B | -$5.29B | -$5.84B | -$6.15B | -$6.28B |
| Total Equity | $501.85M | $461.38M | $1.51B | $1.74B | $1.10B | $716.06M | $508.59M | $420.28M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$44.66M | -$135.83M | -$253.82M | -$252.20M | -$295.50M | -$319.58M | -$171.06M | -$170.24M |
| Cash from Investing | -$74.60M | -$67.12M | -$73.26M | -$67.39M | -$80.69M | -$62.24M | -$240.29M | $56.50M |
| Cash from Financing | $410.38M | $90.32M | $1.53B | $95.34M | -$3.22M | -$1.74M | $17.77M | $34.55M |
| SummaryCapital Expenditure | -$22.22M | -$57.82M | -$56.52M | -$52.27M | -$40.80M | -$62.54M | -$7.67M | -$4.56M |
| Free Cash Flow | -$66.88M | -$193.65M | -$310.34M | -$304.47M | -$336.30M | -$382.13M | -$178.72M | -$174.80M |
| FCF Margin | -123.4% | -252.6% | -98.9% | -63.7% | -133.7% | -168.3% | -105.0% | -132.0% |