| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $10.14M | $13.20M | $20.80M | $19.99M | $26.03M +156.8% | $32.86M +148.9% | $17.27M -17.0% | $26.16M +30.8% | Strengthening |
| Operating Profit | -$14.98M | -$13.43M | -$10.56M | -$11.50M | -$7.71M +48.6% | -$5.66M +57.9% | -$12.06M -14.2% | -$13.73M -19.4% | Strengthening |
| Net Profit | -$15.36M | -$12.23M | -$3.82M | -$15.43M | -$23.94M -55.9% | -$36.39M -197.4% | $32.60M | -$27.12M -75.8% | Weakening |
| EPS | $-1.21 | — | $-0.30 | $-1.18 | $-1.61 -33.1% | — | $2.09 | $-1.69 -43.2% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $14.0K | $217.0K | $711.0K | $731.0K | $1.99M +14100.0% | $4.78M +2100.5% | $3.90M +448.0% | $4.33M +492.7% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$15.12M | -$12.30M | -$3.56M | -$15.39M | -$23.89M -58.1% | -$36.20M -194.3% | $32.79M | -$26.91M -74.8% | Weakening |
| MarginsOPM | -147.8% | -101.7% | -50.8% | -57.5% | -29.6% +80.0% | -17.2% +83.1% | -69.8% -37.6% | -52.5% +8.8% | Strengthening |
| Tax | -1.6% | 0.6% | -7.1% | -0.3% | -0.2% +88.8% | -0.5% -194.5% | 0.6% | -0.8% -224.0% | Weakening |
| ReturnsROIC | 3.6% | 2.9% | 0.9% | 3.7% | 5.7% +55.9% | 8.6% +197.4% | -7.7% -953.6% | 6.4% +75.8% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $7.22M | $32.36M | $102.19M | $44.38M | $25.23M | $11.25M | $21.11M | $10.07M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $65.72M | $235.78M | $118.69M | $108.51M | $76.13M | $97.77M | $83.32M |
| Net PP&E | — | $882.0K | $3.31M | $2.86M | $3.64M | $3.37M | $4.78M | $5.29M |
| Goodwill | — | — | $0 | $7.54M | $7.35M | $7.14M | $7.44M | $7.66M |
| Intangibles | — | — | $0 | $1.11M | $542.0K | $0 | — | — |
| Total Assets | — | $71.39M | $243.02M | $134.40M | $123.07M | $89.93M | $111.81M | $98.06M |
| LiabilitiesTotal Current Liabilities | — | $59.81M | $93.25M | $60.34M | $54.66M | $49.07M | $68.22M | $91.23M |
| Short-Term Debt | — | $1.00M | $0 | $0 | — | $0 | $12.68M | $22.64M |
| Long-Term Debt | — | $784.0K | $0 | — | $0 | $9.47M | $9.92M | $0 |
| Long-Term Leases | — | $355.0K | $1.34M | $786.0K | $1.12M | $411.0K | $553.0K | $1.10M |
| Total Liabilities | — | $63.94M | $100.15M | $67.95M | $60.60M | $70.89M | $154.77M | $128.41M |
| EquityCommon Stock & APIC | — | $1.0K | $9.0K | $11.0K | $1.0K | $1.0K | $2.0K | $2.0K |
| Retained Earnings | — | -$42.64M | -$149.23M | -$248.84M | -$299.13M | -$347.74M | -$427.32M | -$421.84M |
| Total Equity | -$8.45M | $7.45M | $142.87M | $66.45M | $62.47M | $19.04M | -$42.96M | -$30.35M |
| HighlightsNet Cash / (Debt) | — | $30.57M | $102.19M | — | — | $1.78M | -$1.50M | -$12.57M |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$254.0K | $629.0K | -$132.85M | -$54.51M | -$52.66M | -$34.70M | -$33.44M | -$27.14M |
| Cash from Investing | -$18.0K | $1.87M | $21.31M | -$4.25M | -$397.0K | $6.26M | $2.80M | -$757.0K |
| Cash from Financing | $7.00M | $22.64M | $180.37M | $903.0K | $33.95M | $14.50M | $40.40M | $35.40M |
| SummaryCapital Expenditure | -$18.0K | -$256.0K | -$1.02M | -$985.0K | -$816.0K | -$1.65M | -$1.13M | -$1.37M |
| Free Cash Flow | -$272.0K | $373.0K | -$133.88M | -$55.49M | -$53.47M | -$36.34M | -$34.57M | -$28.52M |
| FCF Margin | -0.5% | 0.2% | -49.5% | -45.1% | -42.1% | -76.7% | -34.7% | -27.9% |