| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $136.60M | $148.80M | $151.20M | $164.10M | $194.50M +42.4% | $228.10M +53.3% | $258.00M +70.6% | $294.40M +79.4% | Strengthening |
| Operating Profit | — | — | — | — | — | — | — | — | — |
| Net Profit | -$67.70M | -$30.00M | -$62.40M | -$43.90M | -$37.50M +44.6% | -$21.70M +27.7% | -$35.80M +42.6% | -$43.40M +1.1% | Strengthening |
| EPS | $-0.95 | — | $-0.86 | $-0.60 | $-0.51 +46.3% | — | $-0.47 +45.3% | $-0.56 +6.7% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$65.80M | -$37.80M | -$61.40M | -$42.60M | -$36.30M +44.8% | -$20.60M +45.5% | -$34.60M +43.6% | -$41.80M +1.9% | Strengthening |
| MarginsOPM | — | — | — | — | — | — | — | — | — |
| Tax | -2.9% | 20.6% | -1.6% | -3.0% | -3.3% -14.5% | -5.3% -125.9% | -3.5% -112.9% | -3.8% -25.6% | Weakening |
| ReturnsROIC | 4.4% | 1.9% | 4.0% | 2.8% | 2.4% -44.6% | 1.4% -27.7% | 2.3% -42.6% | 2.8% -1.1% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $102.40M | $270.00M | $570.80M | $270.60M | $282.50M | $264.50M | $376.00M | $385.00M | $367.60M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — | — |
| Net PP&E | — | $3.10M | $5.70M | $33.60M | $46.00M | $34.80M | $31.30M | $35.60M | $18.90M |
| Goodwill | — | — | — | $0 | $19.00M | $19.00M | $19.00M | $19.00M | $19.00M |
| Intangibles | — | — | — | $600.0K | $32.50M | $22.90M | $13.60M | $8.10M | $8.10M |
| Total Assets | — | $414.30M | $828.70M | $1.51B | $1.69B | $1.63B | $1.85B | $1.93B | $2.01B |
| LiabilitiesTotal Current Liabilities | — | — | — | — | — | — | — | — | — |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | — | — | — | — | — | — | — |
| Total Liabilities | — | $116.60M | $287.70M | $522.30M | $823.90M | $924.40M | $1.26B | $1.39B | $1.51B |
| EquityCommon Stock & APIC | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | — | -$198.30M | -$320.60M | -$561.90M | -$859.70M | -$1.10B | -$1.30B | -$1.46B | -$1.54B |
| Total Equity | -$79.10M | -$182.50M | $541.00M | $988.20M | $866.80M | $708.90M | $593.40M | $533.60M | $499.50M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$40.80M | -$78.10M | -$91.70M | -$144.60M | -$163.00M | -$119.10M | -$11.40M | -$16.50M | $21.20M |
| Cash from Investing | $6.40M | -$54.00M | $50.10M | -$804.80M | $181.10M | $88.70M | $40.60M | -$89.10M | -$145.10M |
| Cash from Financing | $119.90M | $300.10M | $341.10M | $649.60M | $3.60M | $15.40M | $87.70M | $106.60M | $116.90M |
| SummaryCapital Expenditure | -$700.0K | -$2.70M | -$4.40M | -$9.40M | -$10.10M | -$9.20M | -$9.40M | -$9.40M | -$13.10M |
| Free Cash Flow | -$41.50M | -$80.80M | -$96.10M | -$154.00M | -$173.10M | -$128.30M | -$20.80M | -$25.90M | $8.10M |
| FCF Margin | -184.4% | -120.1% | -101.8% | -119.9% | -67.4% | -29.9% | -4.0% | -3.5% | 0.8% |