| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $147.54M | $164.32M | $158.68M | $186.69M | $192.88M +30.7% | $208.89M +27.1% | $199.39M +25.7% | $224.17M +20.1% | Strengthening |
| Operating Profit | -$50.30M | -$4.08M | -$32.56M | -$18.71M | -$8.43M +83.2% | $2.29M | -$16.18M +50.3% | -$2.54M +86.4% | Strengthening |
| Net Profit | -$46.18M | -$1.33M | -$30.70M | -$14.22M | -$5.21M +88.7% | $5.58M | -$13.93M +54.6% | -$381.0K +97.3% | Strengthening |
| EPS | $-1.48 | — | $-0.97 | $-0.44 | $-0.16 +89.2% | — | $-0.43 +55.7% | $-0.01 +97.7% | Strengthening |
| Other Income | $4.31M | $2.90M | $2.52M | $4.31M | $3.24M -24.8% | $3.74M +28.9% | $2.75M +9.2% | $2.16M -49.8% | Weakening |
| Interest | $3.33M | $3.32M | $3.27M | $3.28M | $3.28M -1.4% | $3.32M +0.1% | $3.29M +0.5% | $3.29M +0.5% | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$45.99M | -$1.18M | -$30.04M | -$14.40M | -$5.19M +88.7% | $6.03M | -$13.43M +55.3% | -$381.0K +97.4% | Strengthening |
| MarginsOPM | -34.1% | -2.5% | -20.5% | -10.0% | -4.4% +87.2% | 1.1% | -8.1% +60.4% | -1.1% +88.7% | Strengthening |
| Tax | -0.4% | -12.8% | -2.2% | 1.3% | -0.5% -12.2% | 7.4% | -3.7% -68.3% | 0.0% -100.0% | Weakening |
| ReturnsROIC | 4.0% | 0.1% | 2.6% | 1.2% | 0.4% -88.7% | -0.5% -518.5% | 1.2% -54.6% | 0.0% -97.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $20.02M | $20.46M | $88.63M | $127.56M | $78.83M | $36.17M | $419.60M | $236.01M | $246.68M |
| Short-Term Investments | — | — | — | $111.57M | $134.31M | $97.59M | $115.96M | $347.75M | $344.60M |
| Total Current Assets | $104.30M | $172.79M | $377.82M | $305.52M | $288.77M | $230.81M | $645.82M | $702.76M | $755.95M |
| Net PP&E | $9.16M | $116.59M | $118.96M | $140.53M | $136.34M | $153.43M | $172.66M | $193.43M | $204.10M |
| Goodwill | $862.0K | $862.0K | $862.0K | $862.0K | $862.0K | $862.0K | $862.0K | $862.0K | $862.0K |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $117.52M | $306.21M | $511.74M | $462.97M | $448.22M | $433.14M | $931.45M | $1.02B | $1.09B |
| LiabilitiesTotal Current Liabilities | $30.33M | $52.07M | $65.67M | $87.85M | $89.10M | $107.37M | $110.92M | $151.89M | $196.10M |
| Short-Term Debt | $0 | $1.94M | $11.67M | $11.67M | $0 | — | — | — | — |
| Long-Term Debt | $34.90M | $32.99M | $21.34M | $9.69M | $34.94M | $34.95M | — | — | — |
| Long-Term Leases | $0 | $85.75M | $81.29M | $85.21M | $83.07M | $79.72M | $74.60M | $64.99M | $59.34M |
| Total Liabilities | $65.39M | $170.80M | $170.13M | $183.45M | $208.41M | $223.05M | $840.54M | $867.30M | $907.44M |
| EquityCommon Stock & APIC | $23.0K | $25.0K | $27.0K | $27.0K | $28.0K | $31.0K | $31.0K | $32.0K | $33.0K |
| Retained Earnings | -$205.82M | -$260.39M | -$304.68M | -$406.05M | -$522.20M | -$645.61M | -$758.89M | -$803.45M | -$817.76M |
| Total Equity | $52.14M | $135.41M | $341.61M | $279.51M | $239.81M | $210.10M | $90.91M | $152.75M | $185.98M |
| HighlightsNet Cash / (Debt) | -$14.88M | -$14.47M | $55.62M | $217.77M | $178.21M | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$29.09M | -$21.86M | -$13.76M | -$37.75M | -$23.01M | -$50.10M | $3.39M | $80.86M | $86.00M |
| Cash from Investing | $34.14M | -$89.27M | -$132.39M | $105.26M | -$52.43M | -$1.21M | -$122.98M | -$277.06M | -$156.43M |
| Cash from Financing | $6.30M | $111.58M | $214.32M | -$28.58M | $26.72M | $8.82M | $511.38M | $12.61M | $8.01M |
| SummaryCapital Expenditure | -$5.18M | -$20.46M | -$13.55M | -$28.07M | -$29.83M | -$40.42M | -$33.94M | -$46.34M | -$47.02M |
| Free Cash Flow | -$34.27M | -$42.32M | -$27.31M | -$65.82M | -$52.84M | -$90.53M | -$30.55M | $34.52M | $38.98M |
| FCF Margin | -23.3% | -19.7% | -10.3% | -20.4% | -12.9% | -18.4% | -5.2% | 4.6% | 4.7% |