| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $19.67M | $21.37M | $22.15M | $23.35M | $24.33M +23.7% | $26.00M +21.7% | $26.65M +20.3% | $28.58M +22.4% | Strengthening |
| Operating Profit | $4.79M | $9.24M | $6.28M | $8.71M | $9.15M +91.1% | $10.20M +10.4% | $9.24M +47.1% | $11.29M +29.6% | Strengthening |
| Net Profit | $1.07M | $4.50M | $2.08M | $3.61M | $3.81M +255.7% | $4.64M +3.1% | $3.83M +83.8% | $5.05M +39.8% | Strengthening |
| EPS | $0.03 | — | $0.06 | $0.12 | $0.13 +333.3% | — | $0.11 +83.3% | $0.15 +25.0% | Strengthening |
| Other Income | $9.0K | — | — | — | — | — | — | — | — |
| Interest | $3.25M | $3.27M | $3.44M | $3.82M | $3.90M +20.2% | $4.08M +24.8% | $4.12M +20.0% | $4.58M +19.9% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | $1.38M | $5.73M | $2.67M | $4.68M | $4.89M +254.8% | $5.88M +2.8% | $4.86M +82.1% | $6.43M +37.3% | Strengthening |
| MarginsOPM | 24.4% | 43.3% | 28.4% | 37.3% | 37.6% +54.5% | 39.2% -9.3% | 34.7% +22.2% | 39.5% +5.9% | Strengthening |
| Tax | 2.1% | 0.8% | 0.5% | 0.2% | 0.1% -94.3% | -0.1% -106.7% | 0.5% -9.6% | 0.4% +100.0% | Weakening |
| ReturnsROIC | -1.4% | -5.7% | -2.6% | -4.6% | -4.8% -255.7% | -5.9% -3.1% | -4.8% -83.8% | -6.4% -39.8% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $12.48M | $2.21M | $5.86M | $1.50M | $2.23M | $1.80M | $1.45M | $1.83M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Net PP&E | — | $1.10M | $1.06M | $1.01M | $967.0K | $2.19M | $2.24M | $2.11M |
| Goodwill | — | — | $0 | $1.54M | $1.54M | $1.54M | $1.54M | — |
| Intangibles | $7.32M | $13.02M | $14.40M | $15.69M | $14.15M | $12.94M | $16.41M | $18.41M |
| Total Assets | $136.79M | $258.88M | $377.72M | $501.30M | $567.35M | $646.82M | $759.06M | $836.57M |
| LiabilitiesTotal Current Liabilities | — | — | — | — | — | — | — | — |
| Short-Term Debt | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | $124.63M | $95.35M | $196.66M | $240.62M | $296.71M | $361.14M | $382.12M |
| Long-Term Leases | — | — | — | — | — | — | — | — |
| Total Liabilities | $66.96M | $139.25M | $112.24M | $217.59M | $265.72M | $329.32M | $399.50M | $419.29M |
| EquityCommon Stock & APIC | $52.9K | $95.0K | $186.0K | $195.0K | — | — | — | — |
| Retained Earnings | -$2.58M | -$8.92M | -$18.88M | -$32.56M | -$48.55M | -$64.21M | -$74.02M | -$78.93M |
| Total Equity | $48.87M | $91.99M | $220.04M | $229.23M | $243.56M | $251.28M | $285.20M | $334.61M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $2.86M | $9.40M | $17.09M | $24.59M | $28.43M | $33.50M | $44.51M | $47.30M |
| Cash from Investing | -$72.65M | -$126.15M | -$106.72M | -$120.15M | -$72.61M | -$79.15M | -$123.69M | -$158.18M |
| Cash from Financing | $82.12M | $106.84M | $93.39M | $90.57M | $45.01M | $45.32M | $78.74M | $111.58M |
| SummaryCapital Expenditure | -$85.55M | -$970.0K | -$1.90M | -$3.69M | -$2.87M | -$93.58M | -$130.04M | -$85.63M |
| Free Cash Flow | -$82.69M | $8.43M | $15.20M | $20.90M | $25.56M | -$60.07M | -$85.53M | -$38.33M |
| FCF Margin | -732.5% | 34.5% | 38.0% | 39.2% | 40.1% | -78.7% | -89.3% | -36.3% |