| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $48.00M | $26.00M | $28.00M | $160.00M | $26.00M -45.8% | $33.00M +26.9% | $17.00M -39.3% | $41.00M -74.4% | Weakening |
| Operating Profit | -$105.00M | -$103.00M | -$122.00M | -$8.00M | -$142.00M -35.2% | -$114.00M -10.7% | -$134.00M -9.8% | -$96.00M -1100.0% | Weakening |
| Net Profit | -$92.00M | -$94.00M | -$112.00M | $0 | -$135.00M -46.7% | -$106.00M -12.8% | -$128.00M -14.3% | -$91.00M | Weakening |
| EPS | $-1.00 | — | $-1.14 | $0.00 | $-1.27 -27.0% | — | $-1.02 +10.5% | $-0.72 | Strengthening |
| Other Income | $13.00M | $10.00M | $10.00M | $8.00M | $7.00M -46.2% | $8.00M -20.0% | $6.00M -40.0% | $5.00M -37.5% | Weakening |
| Interest | $1.00M | $2.00M | $1.00M | $2.00M | $3.00M +200.0% | $2.00M +0.0% | $3.00M +200.0% | $3.00M +50.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$92.00M | -$93.00M | -$112.00M | $0 | -$135.00M -46.7% | -$106.00M -14.0% | -$128.00M -14.3% | -$91.00M | Weakening |
| MarginsOPM | -218.8% | -396.1% | -435.7% | -5.0% | -546.1% -149.7% | -345.4% +12.8% | -788.2% -80.9% | -234.2% -4583.0% | Weakening |
| Tax | 0.0% | -1.1% | 0.0% | — | 0.0% | 0.0% +100.0% | 0.0% | 0.0% | Strengthening |
| ReturnsROIC | -19.8% | -20.2% | -24.1% | 0.0% | -29.0% -46.7% | -22.8% -12.8% | -27.5% -14.3% | -19.6% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $71.06M | $57.94M | $173.41M | $148.00M | $206.00M | $127.00M | $150.00M | $222.00M | $150.00M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $258.95M | $192.71M | $735.82M | $1.26B | $1.07B | $831.00M | $1.02B | $1.01B | $756.00M |
| Net PP&E | $11.11M | $9.33M | $23.59M | $137.00M | $135.00M | $143.00M | $112.00M | $98.00M | $36.00M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $274.93M | $203.11M | $772.29M | $1.59B | $1.34B | $1.09B | $1.15B | $1.14B | $924.00M |
| LiabilitiesTotal Current Liabilities | $16.93M | $22.71M | $121.67M | $166.00M | $193.00M | $184.00M | $226.00M | $231.00M | $198.00M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | $0 | $48.00M | $99.00M | $101.00M |
| Long-Term Leases | — | — | $15.24M | $117.00M | $117.00M | $110.00M | $99.00M | $86.00M | — |
| Total Liabilities | $39.98M | $39.27M | $269.99M | $750.45M | $688.00M | $633.00M | $665.00M | $508.00M | $460.00M |
| EquityCommon Stock & APIC | $4.0K | $4.0K | $6.0K | $1.12B | $1.21B | $1.31B | $1.62B | $2.12B | $2.17B |
| Retained Earnings | -$122.83M | -$205.33M | -$328.18M | -$275.00M | -$542.00M | -$849.00M | -$1.13B | -$1.49B | -$1.70B |
| Total Equity | $234.94M | $164.00M | $502.00M | $842.00M | $657.00M | $462.00M | $485.00M | $631.00M | $464.00M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$43.00M | -$73.46M | $111.00M | -$256.00M | $438.00M | -$306.00M | -$170.00M | -$482.00M | -$474.00M |
| Cash from Investing | -$113.44M | $59.21M | -$434.00M | -$4.00M | -$413.00M | $194.00M | -$84.00M | $66.00M | $63.00M |
| Cash from Financing | $129.07M | $1.12M | $439.00M | $237.00M | $33.00M | $33.00M | $277.00M | $488.00M | $313.00M |
| SummaryCapital Expenditure | -$3.74M | -$1.93M | -$3.00M | -$26.00M | -$6.00M | -$24.00M | -$6.00M | -$2.00M | -$1.00M |
| Free Cash Flow | -$46.74M | -$75.39M | $108.00M | -$282.00M | $432.00M | -$330.00M | -$176.00M | -$484.00M | -$475.00M |
| FCF Margin | -559.5% | -502.6% | 138.5% | -73.6% | 385.7% | -282.1% | -68.2% | -196.0% | -406.0% |