| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $4.45M | $2.92M | $3.12M | $8.84M | $54.34M +1121.7% | $92.02M +3054.6% | $132.87M +4158.5% | $171.68M +1842.7% | Strengthening |
| Operating Profit | -$29.19M | -$36.11M | -$35.42M | -$37.51M | $1.77M | $19.79M | $61.50M | $85.52M | Strengthening |
| Net Profit | -$31.03M | -$38.51M | -$38.37M | -$41.58M | -$3.53M +88.6% | $14.55M | $52.86M | $74.72M | Strengthening |
| EPS | $-0.40 | — | $-0.45 | $-0.49 | $-0.04 +90.0% | — | $0.60 | $0.84 | Strengthening |
| Other Income | -$1.84M | -$2.40M | -$2.94M | -$4.07M | -$5.30M -187.9% | -$5.23M -117.7% | -$4.72M -60.5% | -$3.82M +6.2% | Weakening |
| Interest | $3.66M | $4.51M | $4.67M | $5.66M | $6.95M +90.0% | $6.90M +53.1% | $6.49M +39.1% | $6.30M +11.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | -$38.37M | -$41.58M | — | — | $56.78M | $81.70M | — |
| MarginsOPM | -656.2% | -1237.8% | -1135.4% | -424.4% | 3.3% | 21.5% | 46.3% | 49.8% | Strengthening |
| Tax | — | — | 0.0% | 0.0% | — | — | 6.9% | 8.5% | — |
| ReturnsROIC | 6.2% | 7.7% | 7.7% | 8.3% | 0.7% -88.6% | -2.9% -137.8% | -10.6% -237.8% | -15.0% -279.7% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | — | $65.32M | $57.49M | $93.28M | $83.68M | $176.48M | $190.68M | $284.18M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $56.39M | $66.07M | $61.28M | $99.81M | $89.90M | $185.10M | $273.40M | $437.71M |
| Net PP&E | $12.08M | $9.45M | $7.43M | $6.25M | $6.18M | $12.48M | $15.79M | $38.62M |
| Goodwill | $0 | $3.90M | $3.90M | $3.90M | $3.90M | $3.90M | $3.90M | $3.90M |
| Intangibles | $0 | $5.53M | $4.39M | $3.73M | $3.43M | $3.16M | $2.95M | $2.85M |
| Total Assets | $68.84M | $99.53M | $93.73M | $129.20M | $118.33M | $230.31M | $327.93M | $521.92M |
| LiabilitiesTotal Current Liabilities | $16.87M | $11.74M | $7.33M | $8.80M | $18.55M | $41.78M | $135.77M | $189.30M |
| Short-Term Debt | $5.59M | $0 | — | — | — | — | — | — |
| Long-Term Debt | $10.29M | $10.29M | $10.41M | $19.88M | — | — | — | — |
| Long-Term Leases | $5.67M | $5.01M | $4.23M | $3.33M | $2.30M | — | — | — |
| Total Liabilities | $33.89M | $28.45M | $28.46M | $38.78M | $71.04M | $150.94M | $283.19M | $326.80M |
| EquityCommon Stock & APIC | $28.2K | $43.3K | $52.0K | $64.0K | $69.0K | $85.0K | $87.0K | $89.0K |
| Retained Earnings | -$215.24M | -$275.00M | -$309.58M | -$350.60M | -$429.10M | -$557.39M | -$626.31M | -$498.73M |
| Total Equity | $34.95M | $71.09M | $65.27M | $90.42M | $47.29M | $79.38M | $44.75M | $195.11M |
| HighlightsNet Cash / (Debt) | — | $55.02M | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$48.28M | -$54.14M | -$34.03M | -$28.59M | -$41.56M | -$93.42M | -$35.69M | $167.71M |
| Cash from Investing | -$1.85M | $247.9K | -$107.0K | -$587.0K | -$11.29M | -$8.44M | -$6.34M | -$20.01M |
| Cash from Financing | $66.39M | $63.42M | $26.32M | $64.96M | $43.25M | $194.66M | $59.73M | -$36.94M |
| SummaryCapital Expenditure | -$1.85M | -$752.1K | -$107.0K | -$592.0K | -$1.29M | -$4.95M | -$4.34M | -$17.01M |
| Free Cash Flow | -$50.13M | -$54.90M | -$34.14M | -$29.18M | -$42.85M | -$98.37M | -$40.02M | $150.69M |
| FCF Margin | -621.1% | -7422.2% | -265.6% | -183.1% | -245.0% | -702.9% | -25.3% | 33.4% |