| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $62.93M | $60.99M | $60.81M | $57.39M | $53.55M -14.9% | $52.69M -13.6% | $90.65M +49.1% | $108.49M +89.0% | Strengthening |
| Operating Profit | -$39.54M | -$43.96M | -$34.78M | -$43.88M | -$67.02M -69.5% | -$3.69M +91.6% | -$24.12M +30.6% | -$32.03M +27.0% | Strengthening |
| Net Profit | -$25.52M | -$22.34M | -$22.65M | -$30.87M | -$41.78M -63.7% | $9.43M | -$7.97M +64.8% | -$20.30M +34.3% | Strengthening |
| EPS | $-0.16 | — | $-0.14 | $-0.19 | $-0.24 -50.0% | — | $-0.04 +71.4% | $-0.11 +42.1% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $6.65M | $6.76M | $7.62M | $5.41M | $8.57M +28.9% | $9.89M +46.2% | $9.85M +29.3% | $9.70M +79.2% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$34.87M | -$33.96M | -$27.18M | -$42.72M | -$58.43M -67.6% | $10.56M | -$13.64M +49.8% | -$29.34M +31.3% | Strengthening |
| MarginsOPM | -62.8% | -72.1% | -57.2% | -76.5% | -125.2% -99.2% | -7.0% +90.3% | -26.6% +53.5% | -29.5% +61.4% | Strengthening |
| Tax | 26.8% | 34.2% | 16.7% | 27.7% | 28.5% +6.3% | 10.7% -68.7% | 41.6% +149.6% | 30.8% +11.1% | Strengthening |
| ReturnsROIC | -12.4% | -10.8% | -11.0% | -15.0% | -20.3% -63.7% | 4.6% | -3.9% +64.8% | -9.8% +34.3% | Strengthening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.76M | $519.65M | $1.18B | $136.63M | $263.35M | $282.44M | $1.17B | $429.07M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | $27.41M | $561.05M | $1.28B | $1.29B | $1.13B | $1.03B | $2.17B | $1.75B |
| Net PP&E | $46.96M | $503.06M | $610.95M | $935.84M | $1.17B | $1.26B | $1.38B | $1.63B |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $89.0K | $8.88M | $7.37M | $6.17M | — |
| Total Assets | $101.79M | $1.07B | $1.89B | $2.24B | $2.34B | $2.33B | $3.86B | $3.73B |
| LiabilitiesTotal Current Liabilities | $31.32M | $43.06M | $59.54M | $97.48M | $108.55M | $164.02M | $299.05M | $183.54M |
| Short-Term Debt | — | $2.40M | $0 | — | — | $0 | $67.41M | $0 |
| Long-Term Debt | — | $961.0K | $674.93M | $678.44M | $681.98M | $908.73M | $931.33M | $934.58M |
| Long-Term Leases | $351.0K | $357.0K | $0 | $15.0K | $6.83M | $5.80M | $8.43M | $14.20M |
| Total Liabilities | $119.82M | $220.41M | $880.93M | $925.15M | $970.67M | $1.28B | $1.47B | $1.36B |
| EquityCommon Stock & APIC | $7.0K | $17.0K | $18.0K | $18.0K | $17.0K | $18.0K | $19.0K | $19.0K |
| Retained Earnings | -$40.80M | -$62.62M | $72.42M | $361.42M | $385.73M | $320.30M | $234.43M | $206.16M |
| Total Equity | -$18.02M | $853.88M | $1.01B | $1.31B | $1.37B | $1.05B | $1.98B | $1.96B |
| HighlightsNet Cash / (Debt) | — | $516.29M | $504.37M | — | — | -$626.29M | $167.27M | -$505.51M |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$437.0K | $3.28M | $101.97M | $343.51M | $62.70M | $13.35M | -$155.75M | -$83.96M |
| Cash from Investing | $5.62M | -$22.37M | -$119.36M | -$1.36B | $68.70M | $10.06M | -$206.05M | -$914.79M |
| Cash from Financing | -$4.10M | $521.96M | $666.11M | -$24.19M | -$9.92M | -$4.79M | $1.25B | $1.17B |
| SummaryCapital Expenditure | -$2.27M | -$22.37M | -$123.87M | -$326.60M | -$261.90M | -$186.42M | -$172.38M | -$420.61M |
| Free Cash Flow | -$2.71M | -$19.09M | -$21.90M | $16.92M | -$199.20M | -$173.07M | -$328.13M | -$504.58M |
| FCF Margin | -3.7% | -14.2% | -6.6% | 3.2% | -78.6% | -84.9% | -146.2% | -165.2% |