| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $62.17M | $103.32M | $137.25M | $212.80M | $287.27M +362.0% | $321.08M +210.8% | $311.34M +126.8% | $364.25M +71.2% | Strengthening |
| Operating Profit | -$116.30M | -$67.00M | -$79.31M | -$47.20M | -$113.97M +2.0% | -$59.61M +11.0% | -$92.72M -16.9% | -$56.31M -19.3% | Weakening |
| Net Profit | -$106.96M | -$59.42M | -$73.24M | -$42.28M | -$114.19M -6.8% | -$58.58M +1.4% | -$94.39M -28.9% | -$57.94M -37.0% | Weakening |
| EPS | $-4.92 | — | $-2.61 | $-1.50 | $-4.01 +18.5% | — | $-3.25 -24.5% | $-1.99 -32.7% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $3.68M | $3.50M | $3.30M | $3.26M | $7.45M +102.5% | $8.30M +137.2% | $7.82M +137.2% | $7.94M +143.3% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -187.1% | -64.8% | -57.8% | -22.2% | -39.7% +78.8% | -18.6% +71.4% | -29.8% +48.5% | -15.5% +30.3% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 4.8% | 2.6% | 3.3% | 1.9% | 5.1% +6.8% | 2.6% -1.4% | 4.2% +28.9% | 2.6% +37.0% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $57.38M | $46.70M | $54.00M | $36.27M | $331.55M | $99.92M | $100.02M | $198.69M | $292.73M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $485.20M | $440.20M | $285.16M | $271.68M | $361.37M | $637.28M | $1.03B | $1.25B | $1.20B |
| Net PP&E | $227.0K | $1.86M | $1.83M | $1.65M | $1.20M | $3.27M | $4.59M | $6.44M | $17.17M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | $0 | $4.73M | $7.38M | $7.19M |
| Total Assets | $485.43M | $442.06M | $287.00M | $273.33M | $362.57M | $640.55M | $1.04B | $1.26B | $1.24B |
| LiabilitiesTotal Current Liabilities | $8.44M | $25.13M | $46.56M | $76.84M | $115.89M | $118.55M | $169.28M | $310.29M | $374.20M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $0 | $49.29M | $115.48M | $117.57M | $339.88M | $340.79M |
| Long-Term Leases | — | $361.0K | $468.0K | $387.0K | $0 | $1.19M | $1.02M | $6.73M | $5.92M |
| Total Liabilities | $8.44M | $25.49M | $47.02M | $77.22M | $165.18M | $235.21M | $287.86M | $656.90M | $720.92M |
| EquityCommon Stock & APIC | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K |
| Retained Earnings | -$139.27M | -$223.22M | -$425.46M | -$667.31M | -$962.66M | -$1.34B | -$1.80B | -$2.09B | -$2.24B |
| Total Equity | $476.98M | $416.56M | $239.97M | $196.11M | $197.39M | $405.33M | $754.38M | $602.69M | $523.72M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$25.51M | -$41.62M | -$157.56M | -$183.92M | -$224.86M | -$324.23M | -$455.57M | -$189.55M | -$197.72M |
| Cash from Investing | -$380.08M | $30.71M | $159.78M | -$5.05M | $206.69M | -$502.52M | -$274.39M | $32.32M | $46.97M |
| Cash from Financing | $314.33M | $235.0K | $5.09M | $171.24M | $313.45M | $595.12M | $735.06M | $255.98M | $251.04M |
| SummaryCapital Expenditure | -$22.0K | -$172.0K | -$334.0K | -$209.0K | -$217.0K | -$1.48M | -$1.46M | -$467.0K | -$8.57M |
| Free Cash Flow | -$25.53M | -$41.80M | -$157.90M | -$184.13M | -$225.07M | -$325.71M | -$457.03M | -$190.02M | -$206.28M |
| FCF Margin | — | — | — | — | — | — | -253.7% | -19.8% | -16.1% |