| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $1.48M | $4.13M | $4.25M | $6.27M | $10.10M +582.0% | $30.11M +629.2% | $50.12M +1079.9% | $83.77M +1235.4% | Strengthening |
| Operating Profit | -$8.66M | -$8.52M | -$10.31M | -$9.25M | -$15.50M -79.0% | -$23.32M -173.8% | -$42.67M -313.9% | -$162.95M -1661.6% | Weakening |
| Net Profit | -$9.53M | -$10.33M | -$14.14M | -$10.75M | -$7.48M +21.5% | -$99.87M -866.3% | $362.80M | -$88.39M -722.3% | Weakening |
| EPS | $-0.15 | — | $-0.15 | $-0.08 | $-0.03 +80.0% | — | $0.58 | $-0.18 -125.0% | Weakening |
| Other Income | -$865.6K | -$1.82M | -$3.83M | -$1.50M | $8.33M | -$77.51M -4164.9% | $404.17M | $44.20M | Weakening |
| Interest | $871.3K | $1.26M | $3.87M | $1.56M | $444.4K -49.0% | $701.6K -44.4% | $338.0K -91.3% | $1.04M -33.3% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$9.53M | -$10.33M | -$14.14M | -$10.75M | -$7.17M +24.7% | -$100.83M -875.6% | $361.50M | -$118.75M -1004.5% | Weakening |
| MarginsOPM | -584.9% | -206.3% | -242.7% | -147.5% | -153.5% +73.7% | -77.5% +62.5% | -85.1% +64.9% | -194.5% -31.9% | Strengthening |
| Tax | — | — | — | 0.0% | -4.3% | — | 0.1% | 24.5% | Strengthening |
| ReturnsROIC | 10.2% | 11.0% | 15.1% | 11.5% | 8.0% -21.5% | 106.7% +866.3% | -387.5% -2666.5% | 94.4% +722.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.13M | $2.15M | $26.06M | $40.82M | $29.78M | $14.98M | $29.96M | $550.74M | $657.91M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.04M | $3.30M | $27.89M | $44.66M | $35.80M | $23.61M | $47.52M | $685.90M | $1.61B |
| Net PP&E | $502.1K | $583.7K | $214.1K | $1.87M | $5.95M | $8.88M | $6.51M | $20.58M | $54.70M |
| Goodwill | — | — | — | $45.03M | $25.61M | $27.75M | $27.75M | $251.81M | $661.36M |
| Intangibles | $53.3K | $126.3K | $379.5K | $25.17M | $28.86M | $31.33M | $27.18M | $136.89M | $583.27M |
| Total Assets | $2.66M | $4.26M | $28.51M | $117.44M | $97.95M | $92.16M | $109.62M | $1.13B | $2.99B |
| LiabilitiesTotal Current Liabilities | $17.25M | $16.06M | $12.49M | $4.62M | $22.73M | $35.94M | $50.58M | $141.82M | $163.08M |
| Short-Term Debt | — | $10.10M | $7.06M | — | — | — | — | — | — |
| Long-Term Debt | — | $500.0K | $907.0K | $300.0K | — | — | $300.0K | — | — |
| Long-Term Leases | — | $52.4K | — | $241.7K | $2.46M | $5.80M | $4.96M | $9.64M | $27.68M |
| Total Liabilities | $17.55M | $16.69M | $13.43M | $5.21M | $39.72M | $47.11M | $73.68M | $661.23M | $1.42B |
| EquityCommon Stock & APIC | $5.0K | $2.0K | $2.7K | $4.1K | $4.4K | $6.2K | $9.0K | $38.0K | $52.0K |
| Retained Earnings | -$32.38M | -$51.77M | -$65.25M | -$80.27M | -$153.52M | -$198.36M | -$236.37M | -$368.39M | -$93.68M |
| Total Equity | -$14.88M | -$12.43M | $15.08M | $112.23M | $58.22M | $33.14M | $16.58M | $437.81M | $1.57B |
| HighlightsNet Cash / (Debt) | — | -$8.45M | $18.09M | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$8.52M | -$14.66M | -$7.53M | -$16.90M | -$37.96M | -$34.02M | -$33.47M | -$38.75M | -$161.06M |
| Cash from Investing | -$629.7K | -$354.8K | -$16.1K | -$10.21M | -$6.93M | $536.3K | -$1.73M | -$260.13M | -$1.02B |
| Cash from Financing | $9.82M | $16.04M | $31.46M | $41.86M | $33.86M | $18.73M | $50.18M | $862.65M | $1.78B |
| SummaryCapital Expenditure | -$544.2K | -$77.9K | -$8.6K | -$923.7K | -$2.88M | -$211.0K | -$1.64M | -$2.03M | -$10.86M |
| Free Cash Flow | -$9.06M | -$14.74M | -$7.54M | -$17.82M | -$40.84M | -$34.23M | -$35.10M | -$40.78M | -$171.92M |
| FCF Margin | -4768.5% | -4601.5% | -348.6% | -613.0% | -1921.3% | -218.1% | -488.0% | -80.4% | -98.7% |