| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $28.07M | $30.09M | $32.63M | $35.05M | $39.52M +40.8% | $62.18M +106.6% | $48.58M +48.9% | $54.63M +55.9% | Strengthening |
| Operating Profit | -$27.51M | -$25.60M | -$23.83M | -$26.82M | -$24.25M +11.8% | $904.0K | -$19.21M +19.4% | -$20.05M +25.3% | Strengthening |
| Net Profit | -$25.59M | -$23.74M | -$22.02M | -$20.61M | -$21.73M +15.1% | $3.98M | -$17.46M +20.7% | -$18.11M +12.1% | Strengthening |
| EPS | $-0.54 | — | $-0.42 | $-0.38 | $-0.37 +31.5% | — | $-0.28 +33.3% | $-0.27 +28.9% | Strengthening |
| Other Income | $1.88M | $2.18M | $2.01M | $2.59M | $2.59M +37.7% | $3.50M +60.2% | $2.30M +14.5% | $2.06M -20.7% | Strengthening |
| Interest | $342.0K | $0 | $0 | $0 | $0 -100.0% | $0 | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$25.63M | -$23.42M | -$21.82M | -$24.23M | -$21.66M +15.5% | $4.40M | -$16.91M +22.5% | -$17.99M +25.8% | Strengthening |
| MarginsOPM | -98.0% | -85.1% | -73.0% | -76.5% | -61.4% +37.4% | 1.4% | -39.5% +45.8% | -36.7% +52.1% | Strengthening |
| Tax | 0.1% | -1.4% | -0.9% | 14.9% | -0.3% -335.7% | 9.4% | -3.3% -266.3% | -0.7% -104.6% | Weakening |
| ReturnsROIC | 2.5% | 2.4% | 2.2% | 2.0% | 2.2% -15.1% | -0.4% -116.8% | 1.7% -20.7% | 1.8% -12.1% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $16.85M | $11.36M | $182.64M | $122.93M | $50.99M | $45.54M | $67.41M | $91.76M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $21.22M | $207.36M | $162.50M | $263.16M | $219.85M | $278.89M | $345.69M |
| Net PP&E | — | $20.80M | $25.21M | $22.69M | $28.79M | $24.47M | $45.34M | $48.26M |
| Goodwill | — | $0 | $51.08M | $51.15M | $0 | — | $0 | $38.52M |
| Intangibles | — | $0 | $22.65M | $18.16M | $24.44M | $17.83M | $13.32M | $32.91M |
| Total Assets | — | $46.41M | $307.70M | $256.14M | $330.74M | $276.15M | $349.52M | $474.82M |
| LiabilitiesTotal Current Liabilities | — | $20.92M | $22.10M | $29.49M | $81.69M | $78.43M | $71.03M | $83.02M |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | $0 | $39.57M | $43.98M | $0 | — | — |
| Long-Term Leases | — | $11.91M | $16.21M | $13.40M | $18.83M | $13.05M | $12.94M | $11.62M |
| Total Liabilities | — | $83.10M | $47.00M | $84.52M | $151.07M | $95.24M | $87.78M | $103.51M |
| EquityCommon Stock & APIC | — | $0 | $17.0K | $19.0K | $42.0K | $47.0K | $48.0K | $48.0K |
| Retained Earnings | — | -$209.38M | -$303.36M | -$441.92M | -$816.03M | -$913.07M | -$973.45M | -$1.01B |
| Total Equity | -$100.32M | -$75.91M | $260.70M | $171.62M | $179.67M | $180.91M | $261.74M | $371.31M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$40.19M | -$42.12M | -$71.06M | -$110.69M | -$137.89M | -$33.69M | -$39.96M | -$53.81M |
| Cash from Investing | -$7.49M | -$3.51M | -$15.23M | -$5.15M | $50.60M | $14.65M | -$36.25M | -$72.39M |
| Cash from Financing | $50.51M | $39.86M | $258.30M | $55.60M | $15.66M | $15.39M | $97.61M | $140.71M |
| SummaryCapital Expenditure | -$7.49M | -$3.51M | -$4.28M | -$5.42M | -$3.01M | -$3.76M | -$24.89M | -$28.66M |
| Free Cash Flow | -$47.68M | -$45.63M | -$75.34M | -$116.11M | -$140.90M | -$37.45M | -$64.85M | -$82.47M |
| FCF Margin | -417.8% | -241.4% | -224.4% | -283.0% | -169.2% | -33.7% | -38.3% | -40.2% |