| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $58.48M | $54.66M | $62.52M | $50.31M | $52.44M -10.3% | $44.78M -18.1% | $186.73M +198.7% | $206.17M +309.8% | Strengthening |
| Operating Profit | -$13.72M | -$13.40M | -$10.08M | -$28.64M | -$15.42M -12.4% | -$33.09M -147.0% | -$39.20M -289.0% | -$47.14M -64.6% | Weakening |
| Net Profit | -$55.40M | -$149.20M | -$11.40M | -$25.18M | -$6.84M +87.6% | -$39.88M +73.3% | -$37.39M -228.1% | -$46.45M -84.4% | Weakening |
| EPS | $-0.83 | — | $-0.11 | $-0.22 | $-0.06 +92.8% | — | $-0.25 -127.3% | $-0.29 -31.8% | Weakening |
| Other Income | -$66.64M | -$151.75M | $11.05M | -$9.57M | $5.46M | -$22.60M +85.1% | -$13.32M -220.6% | -$15.70M -64.1% | Weakening |
| Interest | $13.0K | — | $26.0K | $72.0K | $1.34M +10238.5% | $2.73M | $4.88M +18688.5% | $4.48M +6126.4% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$80.36M | -$165.15M | $975.0K | -$38.21M | -$9.96M +87.6% | -$55.70M +66.3% | -$52.53M -5487.3% | -$62.83M -64.5% | Weakening |
| MarginsOPM | -23.5% | -24.5% | -16.1% | -56.9% | -29.4% -25.3% | -73.9% -201.5% | -21.0% -30.2% | -22.9% +59.8% | Weakening |
| Tax | -0.1% | 0.0% | 0.0% | 0.0% | -0.1% +16.7% | -7.1% -71100.0% | 0.0% | -0.0% | Weakening |
| ReturnsROIC | 21.5% | 58.0% | 4.4% | 9.8% | 2.7% -87.6% | 15.5% -73.3% | 14.5% +228.1% | 18.1% +84.4% | Strengthening |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $359.6K | $25.76M | $4.50M | $207.61M | $582.61M | $367.35M |
| Short-Term Investments | — | — | — | — | — | — |
| Total Current Assets | $835.1K | $40.99M | $31.61M | $293.16M | $618.81M | $662.82M |
| Net PP&E | — | $26.00M | $54.20M | $62.13M | $105.31M | $337.33M |
| Goodwill | — | — | — | $0 | $18.70M | $379.22M |
| Intangibles | — | — | — | $0 | $12.97M | $297.07M |
| Total Assets | $330.92M | $67.00M | $85.91M | $355.40M | $757.15M | $1.89B |
| LiabilitiesTotal Current Liabilities | $219.5K | $86.07M | $81.53M | $98.83M | $124.83M | $399.83M |
| Short-Term Debt | — | $16.10M | $8.00M | $0 | — | — |
| Long-Term Debt | — | $3.86M | $0 | $0 | $335.33M | $336.35M |
| Long-Term Leases | — | $5.08M | $30.55M | $35.26M | $26.29M | $68.30M |
| Total Liabilities | $11.76M | $117.89M | $137.48M | $351.48M | $553.45M | $975.76M |
| EquityCommon Stock & APIC | $139 | $139 | — | — | — | — |
| Retained Earnings | -$315.5K | -$65.86M | -$248.62M | -$996.45M | -$721.46M | -$257.15M |
| Total Equity | -$51.84M | -$50.89M | -$261.44M | -$1.01B | -$754.96M | -$290.65M |
| HighlightsNet Cash / (Debt) | — | $5.80M | -$3.50M | $207.61M | — | — |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.20M | $784.0K | -$45.28M | -$57.59M | -$14.32M | -$126.35M |
| Cash from Investing | -$329.75M | -$16.41M | -$29.91M | -$10.11M | -$56.58M | -$523.41M |
| Cash from Financing | $331.31M | $12.10M | $53.92M | $272.79M | $446.59M | $681.84M |
| SummaryCapital Expenditure | — | -$16.41M | -$29.91M | -$10.11M | -$41.63M | -$61.40M |
| Free Cash Flow | — | -$15.62M | -$75.19M | -$67.70M | -$55.95M | -$187.75M |
| FCF Margin | — | -18.2% | -94.5% | -29.7% | -26.6% | -38.3% |