| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $12.78M | $14.71M | $15.09M | $17.23M | $19.37M +51.5% | $22.57M +53.4% | $24.55M +62.7% | $28.64M +66.2% | Strengthening |
| Operating Profit | -$18.43M | -$19.13M | -$20.60M | -$48.21M | -$28.88M -56.7% | -$31.75M -66.0% | -$34.77M -68.8% | -$39.34M +18.4% | Weakening |
| Net Profit | -$19.88M | -$20.37M | -$21.51M | -$52.05M | -$25.83M -29.9% | -$32.78M -61.0% | -$34.17M -58.8% | -$38.84M +25.4% | Weakening |
| EPS | $-1.12 | $-1.19 | $-1.25 | — | $-0.50 +55.4% | $-0.64 +46.2% | $-0.61 +51.2% | — | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.87M | $2.32M | $1.78M | $1.76M | $1.91M +2.0% | $1.90M -18.0% | $1.89M +5.9% | $1.84M +4.8% | Stable |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$20.32M | -$20.61M | -$21.74M | -$51.01M | -$25.79M -27.0% | -$32.75M -58.9% | -$34.13M -57.0% | -$38.64M +24.2% | Weakening |
| MarginsOPM | -144.2% | -130.1% | -136.5% | -279.8% | -149.1% -3.4% | -140.7% -8.2% | -141.6% -3.7% | -137.4% +50.9% | Strengthening |
| Tax | -0.0% | -0.0% | -0.1% | -0.2% | -0.1% -333.3% | -0.1% -150.0% | -0.1% -25.0% | -0.5% -150.0% | Weakening |
| ReturnsROIC | 3.4% | 3.4% | 3.6% | 8.8% | 4.4% +29.9% | 5.5% +61.0% | 5.8% +58.8% | 6.5% -25.4% | Strengthening |
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| AssetsCash & Equivalents | $8.25M | $237.59M | $99.71M |
| Short-Term Investments | — | — | — |
| Total Current Assets | $14.91M | $255.33M | $222.36M |
| Net PP&E | $28.39M | $36.91M | $62.45M |
| Goodwill | — | — | — |
| Intangibles | — | — | — |
| Total Assets | $45.95M | $295.74M | $358.46M |
| LiabilitiesTotal Current Liabilities | $32.97M | $37.98M | $50.37M |
| Short-Term Debt | — | — | — |
| Long-Term Debt | $42.54M | $41.10M | $42.65M |
| Long-Term Leases | $2.63M | $3.03M | $4.11M |
| Total Liabilities | $78.22M | $90.34M | $98.81M |
| EquityCommon Stock & APIC | $19.91M | $51.35M | $58.38M |
| Retained Earnings | -$406.44M | -$520.25M | -$651.86M |
| Total Equity | -$209.38M | $205.41M | $259.66M |
| HighlightsNet Cash / (Debt) | — | — | — |
| Line item | FY24 | FY25 | FY26 |
|---|---|---|---|
| ActivitiesCash from Operating | -$72.23M | -$77.61M | -$81.70M |
| Cash from Investing | -$12.23M | -$23.31M | -$203.28M |
| Cash from Financing | $77.72M | $330.26M | $147.09M |
| SummaryCapital Expenditure | -$12.23M | -$22.94M | -$34.89M |
| Free Cash Flow | -$84.46M | -$100.54M | -$116.59M |
| FCF Margin | -303.7% | -168.1% | -122.6% |