| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $0 | — | $13.59M | $68.10M | $77.72M | $82.24M | $83.42M +513.8% | $98.86M +45.2% | Strengthening |
| Operating Profit | -$8.81M | -$1.08M | $1.75M | $18.94M | $27.05M | $17.84M | — | — | — |
| Net Profit | -$11.42M | -$11.94M | -$2.62M | $35.68M | $1.29M | -$2.30M +80.7% | -$152.67M -5733.9% | $109.02M +205.5% | Weakening |
| EPS | $-0.68 | — | $-3.49 | $1.04 | $0.44 | — | $-2.16 +38.1% | $1.75 +68.3% | Strengthening |
| Other Income | -$2.61M | -$10.85M | -$4.37M | $16.75M | -$25.76M -887.4% | $1.51M | -$216.91M -4863.7% | $83.47M +398.4% | Weakening |
| Interest | — | — | $1.20M | $8.10M | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$11.42M | -$11.94M | -$2.62M | $35.68M | $1.29M | $19.35M | -$191.07M -7201.0% | $128.83M +261.0% | Weakening |
| MarginsOPM | — | — | 12.9% | 27.8% | 34.8% | 21.7% | — | — | — |
| Tax | 0.0% | — | 0.0% | 0.0% | 0.0% | 111.9% | 20.1% | 15.4% | Weakening |
| ReturnsROIC | 8.8% | 9.2% | 2.0% | -27.4% | -1.0% -111.3% | 1.8% -80.7% | 117.2% +5733.9% | -83.7% -205.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $1.01M | $2.78M | $1.90M | $2.79M | $79.8K | $13.04M | $5.19M | $20.0K | $21.0K |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $2.12M | $3.22M | $2.22M | $10.83M | $79.8K | $13.53M | $18.30M | $79.72M | $41.90M |
| Net PP&E | $99.8K | $228.8K | $253.9K | $2.35M | $1.63M | $28.86M | $135.94M | $827.42M | $950.46M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | $132.0K | — | — | — | — | — | — |
| Total Assets | $2.23M | $3.46M | $2.67M | $13.20M | $1.84M | $45.68M | $156.55M | $944.55M | $1.01B |
| LiabilitiesTotal Current Liabilities | $7.14M | $7.70M | $7.07M | $6.04M | $2.22M | $5.42M | $63.01M | $125.78M | $167.41M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | $2.00M | $28.00M | — | — |
| Long-Term Leases | — | $79.8K | $137.7K | $101.1K | — | $94.0K | $1.04M | $1.79M | $1.54M |
| Total Liabilities | $7.14M | $9.71M | $9.52M | $9.00M | $2.22M | $5.51M | $103.79M | $678.24M | $739.02M |
| EquityCommon Stock & APIC | $351 | $351 | $351 | $819 | $1.2K | $98.0K | $230.0K | $625.0K | $1.06M |
| Retained Earnings | -$25.94M | -$28.10M | -$30.04M | -$47.31M | -$60.73M | -$78.85M | -$119.77M | -$87.72M | -$131.37M |
| Total Equity | -$4.91M | -$6.26M | -$6.84M | $4.20M | -$6.53M | $40.17M | $52.77M | $130.16M | $222.97M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$743.5K | -$705.6K | -$1.07M | -$6.97M | -$2.19M | -$11.94M | -$9.35M | $153.90M | $238.44M |
| Cash from Investing | -$11.4K | -$6.0K | -$156.7K | -$9.93M | -$1.82M | -$23.68M | -$83.41M | -$655.92M | -$277.53M |
| Cash from Financing | — | $2.47M | $347.5K | $17.79M | $1.47M | $48.58M | $84.91M | $496.84M | $28.46M |
| SummaryCapital Expenditure | -$11.4K | -$6.0K | -$24.7K | -$2.32M | -$5.30M | -$200.0K | -$28.62M | -$656.72M | -$259.76M |
| Free Cash Flow | -$754.9K | -$711.6K | -$1.10M | -$9.29M | -$7.49M | -$12.14M | -$37.96M | -$502.82M | -$21.32M |
| FCF Margin | -5.4% | -6.7% | -265.7% | -2510.8% | -1446.7% | -785.4% | -478.2% | -208.1% | -6.2% |