| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $52.76M | $116.14M | $144.82M | $187.29M | $240.29M +355.4% | $184.69M +59.0% | $144.79M -0.0% | $137.22M -26.7% | Strengthening |
| Operating Profit | -$47.09M | $17.31M | $29.21M | $17.89M | -$76.41M -62.3% | -$116.40M -772.5% | -$233.52M -899.3% | -$620.38M -3568.2% | Weakening |
| Net Profit | -$51.70M | -$21.89M | -$16.14M | $176.68M | $384.61M | -$155.41M -610.0% | -$247.83M -1435.1% | -$684.00M -487.1% | Weakening |
| EPS | $-0.27 | $-0.10 | $-0.07 | — | $1.42 | $-0.52 -420.0% | $-0.74 -957.1% | — | Weakening |
| Other Income | -$3.33M | -$36.19M | -$40.32M | $156.02M | $651.70M | -$221.52M -512.1% | -$20.56M +49.0% | -$71.59M -145.9% | Weakening |
| Interest | $22.0K | $1.72M | $4.12M | $5.18M | $9.28M +42081.8% | $10.67M +519.5% | $14.84M +260.2% | $24.47M +372.1% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$50.42M | -$18.88M | -$11.11M | $173.91M | $575.30M | -$337.93M -1689.6% | -$254.09M -2187.8% | -$691.97M -497.9% | Weakening |
| MarginsOPM | -89.2% | 14.9% | 20.2% | 9.6% | -31.8% +64.4% | -63.0% -523.0% | -161.3% -899.6% | -452.1% -4833.9% | Weakening |
| Tax | -2.5% | -15.9% | -45.4% | -1.6% | 33.1% | 54.0% | 2.5% | 1.1% | Weakening |
| ReturnsROIC | 4.0% | 1.7% | 1.2% | -13.6% | -29.6% -843.9% | 12.0% +610.0% | 19.1% +1435.1% | 52.7% | Strengthening |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| AssetsCash & Equivalents | $68.89M | $404.60M | $564.53M | $5.90B |
| Short-Term Investments | — | — | — | — |
| Total Current Assets | — | $452.38M | $641.17M | $7.89B |
| Net PP&E | — | $442.71M | $1.93B | $6.76B |
| Goodwill | — | $0 | $0 | $36.58M |
| Intangibles | — | — | $0 | $317.43M |
| Total Assets | — | $1.15B | $2.94B | $15.79B |
| LiabilitiesTotal Current Liabilities | — | $51.07M | $149.35M | $2.22B |
| Short-Term Debt | — | — | $0 | $169.37M |
| Long-Term Debt | — | — | $962.76M | $7.42B |
| Long-Term Leases | — | $1.03M | $1.06M | $2.23M |
| Total Liabilities | — | $55.35M | $1.12B | $11.60B |
| EquityCommon Stock & APIC | — | — | — | — |
| Retained Earnings | — | -$683.11M | -$596.17M | -$1.30B |
| Total Equity | $305.45M | $1.10B | $1.82B | $4.19B |
| HighlightsNet Cash / (Debt) | — | — | -$398.24M | -$1.70B |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | $5.73M | $52.22M | $245.89M | $2.10B |
| Cash from Investing | -$71.47M | -$498.47M | -$1.38B | -$4.72B |
| Cash from Financing | $28.56M | $782.63M | $1.29B | $9.68B |
| SummaryCapital Expenditure | -$116.06M | -$141.85M | -$573.46M | -$3.00B |
| Free Cash Flow | -$110.33M | -$89.64M | -$327.57M | -$897.59M |
| FCF Margin | -146.1% | -47.9% | -65.4% | -127.0% |