| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $67.53M | $67.51M | $75.29M | $98.03M | $92.30M +36.7% | $118.47M +75.5% | $109.53M +45.5% | $82.65M -15.7% | Strengthening |
| Operating Profit | -$31.79M | -$35.02M | -$33.40M | -$30.81M | -$34.08M -7.2% | -$12.37M +64.7% | -$36.35M -8.8% | -$40.15M -30.3% | Strengthening |
| Net Profit | -$11.71M | -$12.41M | -$11.36M | -$13.00M | -$12.38M -5.8% | -$4.83M +61.1% | -$16.42M -44.5% | -$20.77M -59.8% | Weakening |
| EPS | $-0.11 | — | $-0.09 | $-0.10 | $-0.09 +18.2% | — | $-0.12 -33.3% | $-0.15 -50.0% | Weakening |
| Other Income | -$1.48M | -$2.96M | $7.26M | $994.0K | $510.0K | $1.33M | -$622.0K -108.6% | -$6.44M -748.3% | Weakening |
| Interest | $0 | $73.0K | $517.0K | $909.0K | $1.91M | $2.81M +3756.2% | $2.97M +474.3% | $8.15M +796.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$33.27M | -$37.99M | -$26.14M | -$29.82M | -$33.57M -0.9% | -$11.04M +70.9% | -$36.97M -41.4% | -$46.59M -56.3% | Weakening |
| MarginsOPM | -47.1% | -51.9% | -44.4% | -31.4% | -36.9% +21.5% | -10.4% +79.9% | -33.2% +25.2% | -48.6% -54.6% | Strengthening |
| Tax | -0.1% | 6.3% | -0.3% | -0.0% | 15.5% | 0.1% -99.2% | -0.0% +91.4% | 0.5% | Weakening |
| ReturnsROIC | 57.3% | 60.7% | 55.6% | 63.6% | 60.6% +5.8% | 23.6% -61.1% | 80.3% +44.5% | 101.6% +59.8% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $7.91M | $484.88M | $245.72M | $208.67M | $117.27M | $151.00M | $121.82M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $19.97M | $506.35M | $275.48M | $267.41M | $205.38M | $296.48M | $272.82M |
| Net PP&E | $71.27M | $133.28M | $359.97M | $456.95M | $504.26M | $563.71M | $583.69M |
| Goodwill | $22.11M | $31.05M | $31.05M | $31.05M | $31.05M | $31.05M | $31.05M |
| Intangibles | $67.96M | $72.23M | $60.61M | $49.00M | $38.75M | $32.42M | $30.03M |
| Total Assets | $182.14M | $746.32M | $729.72M | $806.61M | $803.76M | $964.83M | $966.90M |
| LiabilitiesTotal Current Liabilities | $63.58M | $46.87M | $87.34M | $89.35M | $111.41M | $135.32M | $124.69M |
| Short-Term Debt | — | — | — | — | $0 | $2.15M | $3.58M |
| Long-Term Debt | — | — | — | — | $0 | $204.32M | $293.67M |
| Long-Term Leases | — | — | $45.69M | $61.99M | $83.04M | $96.98M | $108.58M |
| Total Liabilities | $92.65M | $158.40M | $212.60M | $266.24M | $360.03M | $578.89M | $657.31M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$47.79M | -$1.36B | -$375.66M | -$248.55M | -$256.14M | -$124.69M | -$20.44M |
| Total Equity | $89.49M | -$1.36B | -$358.10M | -$160.59M | -$256.11M | -$116.90M | -$20.45M |
| HighlightsNet Cash / (Debt) | — | — | — | — | $117.27M | -$55.46M | -$175.43M |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$20.08M | -$29.60M | -$58.79M | -$37.05M | -$7.26M | -$7.73M | -$53.42M |
| Cash from Investing | -$19.34M | -$87.77M | -$199.71M | -$143.31M | -$94.47M | -$116.68M | -$139.85M |
| Cash from Financing | $47.08M | $594.63M | $19.81M | $143.02M | $13.09M | $214.65M | $207.55M |
| SummaryCapital Expenditure | -$19.34M | -$65.00M | -$200.25M | -$158.90M | -$94.79M | -$116.71M | -$139.91M |
| Free Cash Flow | -$39.42M | -$94.61M | -$259.05M | -$195.95M | -$102.04M | -$124.44M | -$193.34M |
| FCF Margin | -302.1% | -425.9% | -474.5% | -121.7% | -39.7% | -32.4% | -48.0% |