| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $40.23M | $44.51M | $41.38M | $51.30M | $53.78M +33.7% | $64.62M +45.2% | $59.88M +44.7% | $67.54M +31.7% | Strengthening |
| Operating Profit | -$13.14M | -$18.67M | -$16.95M | -$14.11M | -$4.03M +69.4% | -$3.93M +79.0% | -$6.51M +61.6% | -$4.29M +69.6% | Strengthening |
| Net Profit | -$16.68M | -$34.53M | -$20.71M | -$16.59M | -$11.15M +33.2% | -$2.62M +92.4% | -$13.38M +35.4% | -$11.75M +29.2% | Strengthening |
| EPS | $-0.59 | — | $-0.70 | $-0.57 | $-0.38 +35.6% | — | $-0.45 +35.7% | $-0.39 +31.6% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $5.31M | $5.95M | $5.85M | $5.96M | $6.20M +16.8% | $7.24M +21.8% | $7.09M +21.1% | $7.03M +18.1% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$16.17M | -$35.94M | -$19.80M | -$15.59M | -$10.72M +33.7% | -$11.91M +66.8% | -$13.09M +33.9% | -$11.74M +24.7% | Strengthening |
| MarginsOPM | -32.7% | -41.9% | -41.0% | -27.5% | -7.5% +77.1% | -6.1% +85.5% | -10.9% +73.5% | -6.3% +76.9% | Strengthening |
| Tax | -3.1% | 3.9% | -4.6% | -6.4% | -4.0% -25.4% | 78.0% +1891.1% | -2.2% +52.4% | -0.1% +99.2% | Strengthening |
| ReturnsROIC | 23.7% | 49.1% | 29.5% | 23.6% | 15.9% -33.2% | 3.7% -92.4% | 19.0% -35.4% | 16.7% -29.2% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $52.64M | $37.66M | $84.52M | $53.41M | $66.36M | $40.03M | $90.35M | $75.57M | $71.16M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $99.44M | $95.84M | $132.30M | $113.27M | $149.90M | $174.90M | $243.04M | $249.94M | $247.73M |
| Net PP&E | $12.91M | $16.42M | $18.81M | $20.86M | $54.79M | $80.59M | $83.59M | $79.95M | $77.51M |
| Goodwill | $465.0K | $465.0K | $465.0K | $465.0K | $465.0K | $465.0K | $1.21M | $1.21M | $1.21M |
| Intangibles | $3.44M | $3.44M | $4.15M | $4.37M | $4.61M | $7.99M | $11.68M | $9.94M | $9.43M |
| Total Assets | $116.57M | $116.53M | $156.39M | $139.53M | $211.06M | $268.64M | $346.83M | $357.17M | $351.93M |
| LiabilitiesTotal Current Liabilities | $16.45M | $23.24M | $25.90M | $31.89M | $38.96M | $57.15M | $68.28M | $82.14M | $64.56M |
| Short-Term Debt | — | — | — | — | — | — | $0 | — | — |
| Long-Term Debt | — | $48.14M | $49.83M | $51.91M | $175.46M | $188.74M | $219.58M | $247.52M | $261.70M |
| Long-Term Leases | — | — | $1.92M | $1.90M | $3.20M | $2.71M | $4.20M | $2.82M | $1.97M |
| Total Liabilities | $47.09M | $76.92M | $81.43M | $88.79M | $219.25M | $250.25M | $293.74M | $333.62M | $330.32M |
| EquityCommon Stock & APIC | $145.71M | $147.69M | $213.47M | $219.74M | $223.64M | $315.63M | $420.36M | $433.38M | $450.59M |
| Retained Earnings | -$88.97M | -$127.13M | -$165.25M | -$206.38M | -$281.59M | -$360.10M | -$444.69M | -$495.76M | -$520.89M |
| Total Equity | $69.48M | $39.61M | $74.96M | $50.74M | -$8.19M | $18.39M | $53.09M | $23.55M | $21.61M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | -$129.23M | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$33.88M | -$29.98M | -$12.51M | -$27.53M | -$52.17M | -$88.51M | -$58.52M | -$50.89M | -$32.32M |
| Cash from Investing | -$5.73M | -$7.77M | -$5.56M | -$7.16M | -$34.79M | -$24.55M | -$15.61M | -$7.03M | -$9.23M |
| Cash from Financing | $81.53M | $22.79M | $64.67M | $4.05M | $100.25M | $86.23M | $125.89M | $40.43M | $58.11M |
| SummaryCapital Expenditure | -$1.73M | -$6.29M | -$2.11M | -$2.42M | -$2.85M | -$7.91M | -$6.11M | -$6.05M | -$9.18M |
| Free Cash Flow | -$35.62M | -$36.27M | -$14.62M | -$29.96M | -$55.02M | -$96.42M | -$64.63M | -$56.94M | -$41.51M |
| FCF Margin | -58.2% | -40.5% | -17.3% | -23.6% | -34.0% | -58.4% | -38.9% | -27.0% | -16.9% |