| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $83.31M | $80.76M | $96.16M | $122.29M | $140.56M +68.7% | $143.52M +77.7% | $188.36M +95.9% | $186.77M +52.7% | Strengthening |
| Operating Profit | — | — | — | — | — | — | — | — | — |
| Net Profit | — | — | — | — | — | — | — | — | — |
| EPS | $-0.45 | — | $0.95 | $-0.73 | $-1.38 -206.7% | — | $-1.32 -238.9% | $-1.41 -93.2% | Weakening |
| Other Income | -$35.78M | -$45.50M | $85.72M | -$62.21M | -$120.01M -235.4% | -$66.83M -46.9% | -$126.50M -247.6% | -$104.38M -67.8% | Weakening |
| Interest | $31.51M | $33.31M | $43.11M | $59.20M | $73.31M +132.6% | $90.29M +171.0% | $82.49M +91.3% | $105.49M +78.2% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$43.05M | -$123.34M | $78.65M | -$69.01M | -$99.46M -131.0% | -$65.56M +46.8% | -$123.69M -257.3% | -$151.02M -118.8% | Weakening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | 0.2% | -1.1% | -52.8% | -1.4% | -5.1% -2533.3% | -49.1% -4442.6% | -2.9% +94.6% | 7.7% | Weakening |
| ReturnsROIC | — | — | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $55.42M | $49.87M | $36.49M | $29.37M | $27.79M | $57.35M | $32.63M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | — | $277.80M | $277.80M | $185.50M | $219.85M | $484.01M | $367.77M |
| Net PP&E | — | $1.59B | $1.74B | $1.70B | $1.72B | $4.72B | $3.29B |
| Goodwill | — | $257.14M | $260.25M | $275.37M | $275.37M | $365.70M | $275.37M |
| Intangibles | — | $67.74M | $60.20M | $52.62M | $46.23M | $43.17M | $55.98M |
| Total Assets | — | $2.48B | $2.48B | $2.38B | $2.37B | $5.75B | $5.75B |
| LiabilitiesTotal Current Liabilities | — | $159.58M | $159.58M | $150.64M | $250.79M | $410.00M | $1.33B |
| Short-Term Debt | — | $0 | $0 | $0 | $48.59M | $65.44M | $476.77M |
| Long-Term Debt | — | $1.23B | $1.23B | $1.34B | $1.54B | $3.71B | $2.29B |
| Long-Term Leases | — | $67.50M | $63.15M | $62.44M | $60.89M | $71.00M | $91.47M |
| Total Liabilities | — | $1.69B | $1.69B | $1.64B | $1.92B | $4.80B | $5.11B |
| EquityCommon Stock & APIC | — | $0 | $994.0K | $1.01M | $1.14M | $1.16M | $1.18M |
| Retained Earnings | — | $0 | -$60.84M | -$182.17M | -$405.82M | -$512.99M | -$754.01M |
| Total Equity | $995.40M | $1.46B | $551.62M | $484.29M | $202.65M | $21.32M | -$329.78M |
| HighlightsNet Cash / (Debt) | — | -$1.18B | -$1.19B | -$1.31B | -$1.56B | -$3.72B | -$2.73B |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$46.86M | -$61.72M | -$42.69M | $5.51M | -$15.28M | -$118.01M | -$57.48M |
| Cash from Investing | -$252.22M | -$828.72M | -$267.27M | -$147.12M | -$118.14M | -$1.14B | -$1.40B |
| Cash from Financing | $337.63M | $1.14B | $157.74M | $79.45M | $193.23M | $1.44B | $1.21B |
| SummaryCapital Expenditure | -$247.52M | -$140.90M | -$217.14M | -$99.02M | -$79.54M | -$280.53M | -$261.24M |
| Free Cash Flow | -$294.38M | -$202.61M | -$259.83M | -$93.51M | -$94.81M | -$398.53M | -$318.71M |
| FCF Margin | -429.4% | -168.5% | -99.2% | -29.2% | -28.6% | -79.3% | -48.3% |