| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $38.78M | $30.54M | $30.02M | $37.93M | $44.04M +13.6% | $34.08M +11.6% | $35.07M +16.8% | $33.43M -11.9% | Strengthening |
| Operating Profit | -$26.28M | -$31.28M | -$33.26M | -$24.39M | -$15.22M +42.1% | -$17.84M +43.0% | -$26.76M +19.5% | -$22.53M +7.6% | Strengthening |
| Net Profit | -$32.07M | -$30.78M | -$23.46M | -$37.25M | -$33.13M -3.3% | -$102.20M -232.0% | -$22.39M +4.6% | -$67.02M -79.9% | Weakening |
| EPS | $-3.85 | — | $-2.77 | $-4.32 | $-3.82 +0.8% | — | $-1.02 +63.2% | $-2.32 +46.3% | Strengthening |
| Other Income | -$5.76M | $392.0K | $9.83M | -$12.82M | -$17.87M -210.2% | -$84.42M -21636.0% | $4.37M -55.6% | -$44.50M -247.0% | Weakening |
| Interest | $11.38M | $11.20M | $10.99M | $11.23M | $11.01M -3.3% | $12.62M +12.6% | $12.55M +14.2% | $13.14M +17.1% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$32.04M | -$30.89M | -$23.43M | -$37.21M | -$33.09M -3.3% | -$102.27M -231.1% | -$22.39M +4.4% | -$67.02M -80.1% | Weakening |
| MarginsOPM | -67.8% | -102.4% | -110.8% | -64.3% | -34.6% +49.0% | -52.4% +48.9% | -76.3% +31.1% | -67.4% -4.8% | Strengthening |
| Tax | -0.1% | 0.3% | -0.1% | -0.1% | -0.1% -11.1% | 0.1% -80.0% | 0.0% +100.0% | 0.0% +100.0% | Strengthening |
| ReturnsROIC | 1.7% | 1.7% | 1.3% | 2.0% | 1.8% +3.3% | 5.5% +232.0% | 1.2% -4.6% | 3.6% +79.9% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $118.02M | $128.86M | $85.92M | $190.46M | $135.19M | $52.23M | $62.48M | $60.54M | $54.98M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $334.61M | $278.57M | $276.53M | $275.61M | $350.16M | $233.92M | $156.46M | $103.15M | $106.38M |
| Net PP&E | $3.86M | $13.66M | $11.58M | $9.56M | $7.38M | $4.88M | $6.28M | $4.65M | $4.35M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $341.19M | $294.96M | $313.05M | $305.31M | $358.17M | $240.44M | $164.42M | $108.42M | $111.32M |
| LiabilitiesTotal Current Liabilities | $46.90M | $46.35M | $60.20M | $73.72M | $65.91M | $69.48M | $92.26M | $92.06M | $134.23M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $169.29M | — | — | — | — | — |
| Long-Term Leases | — | $13.20M | $11.29M | $8.97M | $6.10M | $2.79M | $6.71M | $5.74M | $5.18M |
| Total Liabilities | $158.02M | $245.19M | $262.50M | $384.98M | $374.83M | $376.64M | $350.44M | $401.34M | $441.49M |
| EquityCommon Stock & APIC | $6.0K | $7.0K | $7.0K | $8.0K | $12.0K | $12.0K | $13.0K | $14.0K | $14.0K |
| Retained Earnings | -$673.75M | -$873.34M | -$1.07B | -$1.18B | -$1.34B | -$1.49B | -$1.56B | -$1.76B | -$1.85B |
| Total Equity | $183.17M | $49.77M | $50.55M | -$79.67M | -$16.66M | -$136.21M | -$186.02M | -$292.93M | -$330.17M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$159.12M | -$190.82M | -$160.23M | -$107.12M | -$149.55M | -$92.72M | -$127.49M | -$75.37M | -$65.35M |
| Cash from Investing | -$107.66M | $78.45M | -$53.69M | $141.84M | -$104.26M | $7.94M | $95.47M | $43.38M | $2.97M |
| Cash from Financing | $316.11M | $124.31M | $172.08M | $73.65M | $193.74M | $1.12M | $41.65M | $30.05M | $78.60M |
| SummaryCapital Expenditure | -$2.36M | -$206.0K | -$145.0K | -$212.0K | -$118.0K | $0 | -$142.0K | $0 | — |
| Free Cash Flow | -$161.48M | -$191.03M | -$160.38M | -$107.33M | -$149.67M | -$92.72M | -$127.63M | -$75.37M | — |
| FCF Margin | -532.3% | -467.1% | -148.4% | -51.2% | -95.3% | -63.5% | -87.9% | -51.6% | — |