| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $65.61M | $65.23M | $54.18M | $65.09M | $68.90M +5.0% | $69.48M +6.5% | $61.67M +13.8% | $74.55M +14.5% | Strengthening |
| Operating Profit | -$20.78M | -$17.10M | -$27.01M | -$20.28M | -$17.23M +17.1% | -$7.42M +56.6% | -$15.33M +43.2% | -$5.67M +72.1% | Strengthening |
| Net Profit | -$14.90M | -$12.12M | -$21.95M | -$15.36M | -$12.86M +13.7% | -$4.03M +66.7% | -$11.42M +48.0% | -$2.12M +86.2% | Strengthening |
| EPS | $-0.04 | — | $-0.06 | $-0.04 | $-0.03 +25.0% | — | $-0.03 +50.0% | $-0.01 +75.0% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$14.73M | -$12.10M | -$21.81M | -$15.09M | -$12.73M +13.6% | -$2.95M +75.6% | -$11.28M +48.3% | -$1.83M +87.9% | Strengthening |
| MarginsOPM | -31.7% | -26.2% | -49.9% | -31.1% | -25.0% +21.0% | -10.7% +59.2% | -24.9% +50.1% | -7.6% +75.6% | Strengthening |
| Tax | -1.1% | -0.2% | -0.7% | -1.8% | -1.0% +9.6% | -36.8% -19268.4% | -1.2% -86.2% | -16.1% -803.4% | Weakening |
| ReturnsROIC | 1.6% | 1.3% | 2.4% | 1.6% | 1.4% -13.7% | 0.4% -66.7% | 1.2% -48.0% | 0.2% -86.2% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $83.64M | $521.81M | $55.24M | $60.23M | $45.55M | $63.34M | $63.55M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $165.35M | $761.74M | $625.26M | $566.94M | $466.69M | $448.24M | $425.69M |
| Net PP&E | $43.49M | $71.97M | $64.37M | $65.05M | $17.20M | $13.21M | $11.32M |
| Goodwill | $1.21M | $1.21M | $1.21M | $1.21M | $1.21M | $1.21M | $1.21M |
| Intangibles | $6.99M | $4.83M | $3.07M | $1.30M | $257.0K | — | — |
| Total Assets | $217.75M | $840.09M | $699.56M | $654.56M | $513.95M | $486.80M | $461.86M |
| LiabilitiesTotal Current Liabilities | $32.18M | $33.50M | $34.66M | $35.41M | $27.94M | $31.95M | $32.09M |
| Short-Term Debt | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — |
| Long-Term Leases | $36.25M | $61.60M | $53.83M | $60.38M | $32.25M | $23.35M | $18.85M |
| Total Liabilities | $68.44M | $95.10M | $88.49M | $96.01M | $60.47M | $55.52M | $51.24M |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — |
| Retained Earnings | -$385.01M | -$480.34M | -$618.25M | -$766.02M | -$864.08M | -$918.29M | -$931.83M |
| Total Equity | -$297.86M | $744.99M | $611.07M | $558.56M | $453.49M | $431.28M | $410.63M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$41.60M | -$51.27M | -$60.50M | -$59.27M | -$20.20M | $6.47M | $12.76M |
| Cash from Investing | $36.79M | -$149.52M | -$342.45M | $66.49M | $86.43M | $42.57M | $36.48M |
| Cash from Financing | $6.37M | $637.58M | -$64.35M | $8.92M | -$81.03M | -$33.99M | -$47.88M |
| SummaryCapital Expenditure | -$5.02M | -$8.85M | -$3.16M | -$267.0K | -$404.0K | -$580.0K | -$486.0K |
| Free Cash Flow | -$46.63M | -$60.11M | -$63.66M | -$59.54M | -$20.61M | $5.89M | $12.27M |
| FCF Margin | -37.8% | -31.3% | -29.9% | -27.3% | -8.3% | 2.3% | 4.5% |