| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $58.37M | $68.24M | $69.16M | $79.18M | $83.33M +42.8% | $76.38M +11.9% | $83.13M +20.2% | $94.50M +19.3% | Strengthening |
| Operating Profit | -$22.43M | -$19.71M | -$27.44M | -$22.19M | -$23.19M -3.4% | -$31.04M -57.5% | -$32.61M -18.8% | -$27.39M -23.4% | Weakening |
| Net Profit | -$20.97M | -$18.86M | -$24.74M | -$19.58M | -$21.41M -2.1% | -$29.85M -58.3% | -$31.64M -27.9% | -$26.86M -37.2% | Weakening |
| EPS | $-0.40 | — | $-0.45 | $-0.35 | $-0.38 +5.0% | — | $-0.56 -24.4% | $-0.47 -34.3% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $1.14M | $969.0K | $877.0K | $895.0K | $919.0K -19.4% | $895.0K -7.6% | $818.0K -6.7% | $842.0K -5.9% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | -$24.78M | -$19.44M | — | — | -$31.68M -27.8% | -$26.77M -37.7% | Weakening |
| MarginsOPM | -38.4% | -28.9% | -39.7% | -28.0% | -27.8% +27.6% | -40.6% -40.7% | -39.2% +1.1% | -29.0% -3.4% | Weakening |
| Tax | — | — | 0.2% | -0.7% | — | — | 0.1% -26.3% | -0.3% +50.0% | Strengthening |
| ReturnsROIC | 3.0% | 2.7% | 3.5% | 2.8% | 3.1% +2.1% | 4.3% +58.3% | 4.5% +27.9% | 3.8% +37.2% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $100.13M | $304.32M | $221.86M | $257.22M | $333.73M | $286.50M | $227.91M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $110.26M | $326.17M | $272.63M | $350.57M | $481.84M | $450.38M | $420.29M |
| Net PP&E | $12.91M | $8.32M | $32.14M | $48.99M | $45.65M | $47.94M | $48.60M |
| Goodwill | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — |
| Total Assets | $125.97M | $337.02M | $309.33M | $404.72M | $534.02M | $508.08M | $479.35M |
| LiabilitiesTotal Current Liabilities | $14.53M | $16.24M | $35.29M | $45.93M | $53.13M | $65.80M | $64.20M |
| Short-Term Debt | $4.55M | $0 | — | — | — | — | — |
| Long-Term Debt | $44.41M | $50.00M | $51.21M | $51.34M | $51.47M | $51.62M | $51.72M |
| Long-Term Leases | $4.10M | $1.99M | $23.98M | $26.18M | $26.87M | $24.65M | $23.28M |
| Total Liabilities | $65.01M | $69.93M | $112.26M | $123.97M | $131.80M | $142.21M | $139.28M |
| EquityCommon Stock & APIC | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$201.67M | -$261.52M | -$348.68M | -$454.57M | -$545.99M | -$641.56M | -$700.06M |
| Total Equity | -$182.89M | $267.09M | $197.07M | $280.75M | $402.22M | $365.87M | $340.07M |
| HighlightsNet Cash / (Debt) | $51.17M | $254.32M | — | — | — | — | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$48.34M | -$57.33M | -$80.38M | -$108.00M | -$99.21M | -$48.98M | -$74.34M |
| Cash from Investing | -$233.0K | -$592.0K | -$2.65M | -$25.21M | -$4.41M | -$9.36M | -$10.59M |
| Cash from Financing | $106.77M | $262.12M | $3.61M | $167.79M | $180.13M | $11.19M | $10.23M |
| SummaryCapital Expenditure | -$233.0K | -$592.0K | -$2.65M | -$25.21M | -$4.41M | -$9.36M | -$10.59M |
| Free Cash Flow | -$48.58M | -$57.93M | -$83.03M | -$133.21M | -$103.62M | -$58.34M | -$84.92M |
| FCF Margin | -629.5% | -168.0% | -110.7% | -97.8% | -46.2% | -18.9% | -25.2% |