| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $57.70M | $151.60M | $73.10M | $154.50M | $74.90M +29.8% | $146.20M -3.6% | $76.70M +4.9% | $176.10M +14.0% | Strengthening |
| Operating Profit | -$7.60M | $45.10M | $20.50M | $33.50M | -$16.60M -118.4% | $12.80M -71.6% | $800.0K -96.1% | $10.40M -69.0% | Weakening |
| Net Profit | -$5.00M | $53.70M | $27.20M | $28.90M | $3.90M | $17.80M -66.9% | $10.00M -63.2% | $16.80M -41.9% | Weakening |
| EPS | $-0.30 | — | $1.60 | $1.63 | $0.21 | — | $0.51 -68.1% | $0.85 -47.9% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$5.90M | $47.80M | $35.20M | $37.40M | -$8.00M -35.6% | $21.30M -55.4% | $12.50M -64.5% | $21.60M -42.2% | Weakening |
| MarginsOPM | -13.2% | 29.8% | 28.0% | 21.7% | -22.2% -68.3% | 8.8% -70.6% | 1.0% -96.3% | 5.9% -72.7% | Weakening |
| Tax | 15.3% | -12.3% | 22.7% | 22.7% | 148.8% +875.4% | 16.4% | 20.0% -12.0% | 22.2% -2.2% | Weakening |
| ReturnsROIC | -17.7% | 189.8% | 96.1% | 102.1% | 13.8% | 62.9% -66.9% | 35.3% -63.2% | 59.4% -41.9% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $123.10M | $130.70M | $152.00M | $193.80M | $179.90M | $201.20M | $671.40M | $1.96B | $1.87B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $484.50M | $369.60M | $406.10M | $465.90M | $587.10M | $685.40M | $1.02B | $2.36B | $2.32B |
| Net PP&E | $4.20M | $10.90M | $9.50M | $7.40M | $13.40M | $9.70M | $11.00M | $31.30M | $142.50M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | $76.00M | $69.50M | $62.80M | $54.70M | $45.70M | $39.40M | $29.60M | $21.20M | $16.90M |
| Total Assets | $571.70M | $455.90M | $486.30M | $572.40M | $705.50M | $796.20M | $1.09B | $2.45B | $2.53B |
| LiabilitiesTotal Current Liabilities | $438.70M | $336.80M | $366.10M | $393.30M | $449.20M | $471.10M | $346.80M | $422.80M | $429.50M |
| Short-Term Debt | $32.80M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $6.10M | $0 | $0 |
| Long-Term Debt | $120.20M | $114.10M | $108.00M | $101.80M | $95.70M | $89.60M | $472.50M | $1.17B | $1.18B |
| Long-Term Leases | — | $7.00M | $4.30M | $3.00M | $6.10M | $2.60M | $1.20M | $1.00M | — |
| Total Liabilities | $893.60M | $792.80M | $806.90M | $714.30M | $779.60M | $763.90M | $932.00M | $1.68B | $1.69B |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — | — |
| Retained Earnings | -$388.50M | -$405.00M | -$407.70M | -$284.60M | -$233.90M | -$149.50M | -$76.30M | $1.50M | $28.30M |
| Total Equity | -$321.90M | -$336.90M | -$320.60M | -$141.90M | -$74.10M | $32.30M | $161.40M | $765.10M | $845.40M |
| HighlightsNet Cash / (Debt) | -$29.90M | $10.50M | $37.90M | $85.90M | $78.10M | $105.50M | $192.80M | $782.40M | $691.00M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$74.40M | $11.30M | $67.10M | $50.00M | $20.60M | $9.10M | $37.00M | $51.00M | -$55.00M |
| Cash from Investing | $400.0K | $600.0K | -$1.40M | -$1.20M | -$700.0K | -$1.60M | -$4.10M | -$19.70M | -$108.80M |
| Cash from Financing | -$11.10M | -$35.00M | -$44.40M | -$9.90M | -$4.30M | $13.90M | $437.10M | $1.22B | $1.22B |
| SummaryCapital Expenditure | -$100.0K | -$100.0K | -$1.40M | -$1.20M | -$700.0K | -$1.60M | -$4.10M | -$19.70M | -$108.80M |
| Free Cash Flow | -$74.50M | $11.20M | $65.70M | $48.80M | $19.90M | $7.50M | $32.90M | $31.30M | -$163.80M |
| FCF Margin | -38.6% | 5.3% | 26.6% | 16.4% | 6.8% | 2.3% | 7.4% | 7.0% | -34.6% |