| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $854.0K | $7.25M | $10.46M | $15.24M | $30.51M +3472.8% | $58.00M +699.6% | $56.96M +444.7% | $68.78M +351.4% | Strengthening |
| Operating Profit | -$53.33M | -$51.70M | -$52.93M | -$63.85M | -$61.22M -14.8% | -$81.27M -57.2% | -$79.31M -49.8% | -$83.81M -31.3% | Weakening |
| Net Profit | -$342.87M | -$268.12M | $15.14M | -$222.94M | -$641.39M -87.1% | -$120.45M +55.1% | $508.88M +3262.1% | -$275.71M -23.7% | Strengthening |
| EPS | $-1.77 | — | $0.42 | $-1.05 | $-4.91 -177.4% | — | $2.43 +478.6% | $-1.20 -14.3% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $5.44M | $5.59M | $6.76M | $7.49M | $5.17M -4.9% | $9.16M +63.9% | $12.24M +81.1% | $11.97M +59.8% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$342.88M | -$268.12M | $15.14M | -$222.93M | -$641.39M -87.1% | -$120.44M +55.1% | $508.89M +3261.0% | -$275.70M -23.7% | Strengthening |
| MarginsOPM | -6244.3% | -712.8% | -506.2% | -419.1% | -200.7% +96.8% | -140.1% +80.3% | -139.2% +72.5% | -121.9% +70.9% | Strengthening |
| Tax | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -0.0% | 0.0% -100.0% | 0.0% | Weakening |
| ReturnsROIC | 14.9% | 11.6% | -0.7% | 9.7% | 27.9% +87.1% | 5.2% -55.1% | -22.1% -3262.1% | 12.0% +23.7% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $862.0K | $121.85M | $104.83M | $17.08M | $69.47M | $74.29M | $567.99M | $305.49M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $5.98M | $127.37M | $142.57M | $55.15M | $122.33M | $179.91M | $708.48M | $514.00M |
| Net PP&E | $5.32M | $5.65M | $16.36M | $31.48M | $41.89M | $48.57M | $134.84M | $198.18M |
| Goodwill | — | $0 | $4.33M | $4.33M | $4.33M | $4.33M | $4.33M | $4.33M |
| Intangibles | $360.0K | $320.0K | $280.0K | $240.0K | $295.0K | $240.0K | $979.0K | $1.51M |
| Total Assets | $13.06M | $138.26M | $169.18M | $106.79M | $186.49M | $260.32M | $885.20M | $906.78M |
| LiabilitiesTotal Current Liabilities | $86.73M | $13.59M | $29.92M | $60.58M | $60.87M | $64.97M | $143.54M | $157.89M |
| Short-Term Debt | $76.56M | $924.0K | $6.57M | $5.56M | $3.33M | $2.01M | $372.0K | $0 |
| Long-Term Debt | $0 | $427.0K | $102.64M | $170.27M | $200.53M | $314.88M | $812.89M | $617.12M |
| Long-Term Leases | — | $0 | $3.22M | $4.13M | $3.35M | $1.63M | $19.18M | $21.93M |
| Total Liabilities | $87.41M | $17.48M | $136.73M | $239.50M | $297.29M | $842.09M | $1.76B | $1.22B |
| EquityCommon Stock & APIC | $0 | $5.0K | $5.0K | $9.0K | $21.0K | $23.0K | $32.0K | $32.0K |
| Retained Earnings | -$204.07M | -$292.31M | -$416.53M | -$646.34M | -$875.85M | -$1.56B | -$2.54B | -$2.30B |
| Total Equity | -$183.72M | $120.78M | $32.45M | -$132.71M | -$110.80M | -$1.07B | -$2.24B | -$1.03B |
| HighlightsNet Cash / (Debt) | -$75.70M | $120.50M | -$4.38M | -$158.75M | -$134.39M | -$242.60M | -$245.27M | -$311.63M |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$23.83M | -$26.56M | -$116.15M | -$196.86M | -$145.02M | -$153.94M | -$211.19M | -$307.90M |
| Cash from Investing | -$2.90M | -$6.63M | -$23.34M | -$17.17M | -$29.46M | -$33.19M | -$54.69M | -$113.28M |
| Cash from Financing | $22.10M | $154.18M | $123.32M | $139.54M | $227.92M | $205.83M | $787.09M | $602.08M |
| SummaryCapital Expenditure | -$2.30M | -$3.60M | -$15.59M | -$20.07M | -$29.32M | -$33.15M | -$53.78M | -$112.29M |
| Free Cash Flow | -$26.13M | -$30.16M | -$131.74M | -$216.93M | -$174.34M | -$187.09M | -$264.97M | -$420.19M |
| FCF Margin | -5268.8% | -13773.5% | -2865.1% | -1210.3% | -1064.5% | -1198.8% | -232.0% | -196.1% |