| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $64.52M | $65.41M | $55.21M | $44.71M | $47.03M -27.1% | $61.82M -5.5% | $44.85M -18.8% | $48.45M +8.4% | Weakening |
| Operating Profit | -$3.89M | -$5.44M | -$7.08M | -$7.11M | -$6.30M -62.1% | $163.0K | -$3.91M +44.8% | -$4.95M +30.3% | Strengthening |
| Net Profit | -$7.94M | -$3.43M | -$8.27M | -$7.22M | -$7.56M +4.9% | -$4.12M -20.1% | -$5.35M +35.3% | -$6.18M +14.5% | Strengthening |
| EPS | $-0.48 | — | $-0.39 | $-0.30 | $-0.27 +43.7% | — | $-0.17 +56.4% | $-0.20 +33.3% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.28M | -$8.46M | -$880.0K | -$702.0K | $711.0K -44.5% | -$2.20M +74.0% | -$605.0K +31.3% | -$637.0K +9.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$7.98M | -$5.34M | -$8.04M | -$7.33M | -$7.57M +5.2% | -$4.24M +20.7% | -$5.35M +33.4% | -$6.17M +15.8% | Strengthening |
| MarginsOPM | -6.0% | -8.3% | -12.8% | -15.9% | -13.4% -122.2% | 0.3% | -8.7% +32.0% | -10.2% +35.7% | Strengthening |
| Tax | 0.4% | 35.8% | -2.9% | 1.5% | 0.2% -63.6% | 2.7% -92.3% | -0.1% +97.9% | -0.1% -105.5% | Weakening |
| ReturnsROIC | 1.8% | 0.8% | 1.8% | 1.6% | 1.7% -4.9% | 0.9% +20.1% | 1.2% -35.3% | 1.4% -14.5% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $17.77M | $18.68M | $21.09M | $34.47M | $25.55M | $15.80M | $9.44M | $12.94M | $6.88M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $68.39M | $81.52M | $86.19M | $107.20M | $92.22M | $78.41M | $65.95M | $67.47M | $52.63M |
| Net PP&E | $1.38M | $12.73M | $10.48M | $8.26M | $6.17M | $3.99M | $1.87M | $2.96M | $2.64M |
| Goodwill | $159.79M | $165.91M | $165.09M | $165.09M | $55.11M | $1.26M | $0 | $0 | $0 |
| Intangibles | $61.81M | $55.60M | $45.42M | $35.75M | $28.75M | $26.81M | $21.80M | $17.28M | $16.72M |
| Total Assets | $293.27M | $317.09M | $310.22M | $318.18M | $183.97M | $93.62M | $93.62M | $89.13M | $75.13M |
| LiabilitiesTotal Current Liabilities | $33.37M | $52.23M | $50.22M | $57.94M | $50.22M | $49.21M | $64.68M | $65.03M | $59.68M |
| Short-Term Debt | $3.50M | $6.87M | $7.29M | $5.00M | $5.00M | $5.00M | $31.61M | $30.85M | $26.76M |
| Long-Term Debt | $51.97M | $44.10M | $33.28M | $40.33M | $35.59M | $25.49M | $3.97M | $3.73M | $5.16M |
| Long-Term Leases | — | $9.06M | $7.29M | $5.69M | $3.74M | $1.70M | $9.0K | $1.99M | $1.58M |
| Total Liabilities | $86.10M | $106.16M | $93.33M | $104.77M | $90.01M | $77.46M | $68.66M | $70.92M | $67.03M |
| EquityCommon Stock & APIC | $38.0K | $39.0K | $40.0K | $42.0K | $42.0K | $43.0K | $47.0K | $53.0K | $55.0K |
| Retained Earnings | -$185.37M | -$187.12M | -$184.91M | -$194.97M | -$318.30M | -$381.52M | -$410.80M | -$437.96M | -$449.49M |
| Total Equity | $207.17M | $210.94M | $216.88M | $213.41M | $93.95M | $34.40M | $24.95M | $18.21M | $8.10M |
| HighlightsNet Cash / (Debt) | -$37.70M | -$32.29M | -$19.49M | -$10.86M | -$15.05M | -$14.68M | -$26.14M | -$21.64M | -$25.04M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $23.48M | $26.02M | $20.30M | $12.42M | $1.96M | $8.14M | -$14.10M | -$1.47M | -$4.20M |
| Cash from Investing | -$22.59M | -$11.96M | -$4.27M | -$2.99M | -$5.44M | -$7.11M | -$6.21M | -$6.37M | -$6.14M |
| Cash from Financing | $1.79M | -$13.15M | -$13.62M | $2.47M | -$5.45M | -$10.77M | $15.21M | $10.79M | $10.61M |
| SummaryCapital Expenditure | -$238.0K | -$2.09M | -$64.0K | -$36.0K | -$17.0K | -$25.0K | -$13.0K | -$69.0K | -$126.0K |
| Free Cash Flow | $23.25M | $23.93M | $20.23M | $12.39M | $1.95M | $8.11M | -$14.12M | -$1.54M | -$4.32M |
| FCF Margin | 9.3% | 8.5% | 6.5% | 3.8% | 0.5% | 2.7% | -5.5% | -0.7% | -2.1% |