| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $68.64M | $69.56M | $61.40M | $61.76M | $103.43M +50.7% | $108.79M +56.4% | $96.97M +57.9% | $117.07M +89.6% | Strengthening |
| Operating Profit | -$12.51M | -$18.98M | -$14.32M | -$91.89M | -$41.85M -234.5% | -$81.62M -330.0% | -$69.70M -386.8% | -$22.09M +76.0% | Weakening |
| Net Profit | -$20.96M | -$67.17M | -$2.95M | -$96.98M | -$41.15M -96.3% | -$85.47M -27.3% | -$76.50M -2495.0% | -$40.97M +57.8% | Weakening |
| EPS | $-0.37 | — | $-0.09 | $-1.41 | $-0.29 +21.6% | — | $-0.40 -344.4% | $-0.19 +86.5% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$21.43M | -$68.84M | -$3.13M | -$129.58M | -$34.29M -60.0% | -$84.56M -22.8% | -$75.86M -2323.7% | -$39.11M +69.8% | Weakening |
| MarginsOPM | -18.2% | -27.3% | -23.3% | -148.8% | -40.5% -121.9% | -75.0% -174.9% | -71.9% -208.2% | -18.9% +87.3% | Weakening |
| Tax | 2.2% | 2.4% | 5.8% | 25.2% | -20.0% -1009.5% | -1.1% -144.4% | -0.8% -114.5% | -4.8% -118.9% | Weakening |
| ReturnsROIC | 2.8% | 9.1% | 0.4% | 13.1% | 5.6% +96.3% | 11.6% +27.3% | 10.3% +2495.0% | 5.5% -57.8% | Strengthening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $22.08M | $20.52M | $28.32M | $30.28M | $33.71M | $94.47M | $556.97M |
| Short-Term Investments | — | — | — | — | — | — | — |
| Total Current Assets | $39.31M | $55.22M | $96.17M | $109.31M | $125.92M | $252.81M | $761.16M |
| Net PP&E | $3.26M | $19.38M | $25.86M | $29.09M | $33.11M | $80.94M | $90.48M |
| Goodwill | $52.71M | $96.31M | $64.62M | $65.76M | $71.16M | $779.11M | $772.17M |
| Intangibles | $60.96M | $90.84M | $66.87M | $62.98M | $61.79M | $336.15M | $319.10M |
| Total Assets | $156.77M | $261.76M | $257.70M | $271.27M | $292.62M | $1.45B | $1.94B |
| LiabilitiesTotal Current Liabilities | $33.56M | $51.24M | $94.74M | $112.04M | $149.34M | $155.61M | $194.24M |
| Short-Term Debt | $1.07M | $2.68M | $2.58M | $1.38M | $1.27M | $5.16M | $4.50M |
| Long-Term Debt | $76.64M | $74.87M | $74.75M | $86.84M | $124.46M | $80.04M | $43.56M |
| Long-Term Leases | — | $0 | $12.67M | $12.30M | $13.44M | $30.47M | $32.70M |
| Total Liabilities | $117.58M | $154.53M | $187.81M | $218.44M | $344.53M | $312.09M | $313.49M |
| EquityCommon Stock & APIC | $4.0K | $6.0K | $6.0K | $7.0K | $7.0K | $19.0K | $25.0K |
| Retained Earnings | -$14.37M | -$75.91M | -$206.53M | -$233.79M | -$348.11M | -$621.76M | -$739.24M |
| Total Equity | $39.20M | $107.22M | -$6.70M | -$43.51M | -$188.71M | $1.06B | $1.63B |
| HighlightsNet Cash / (Debt) | -$55.64M | -$57.03M | -$49.01M | -$57.94M | -$92.02M | $9.27M | $508.91M |
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$37.36M | -$31.66M | $1.23M | -$17.35M | -$177.33M | -$76.19M |
| Cash from Investing | -$38.54M | -$37.38M | -$8.33M | -$7.20M | -$175.07M | -$29.78M |
| Cash from Financing | $74.21M | $76.56M | $9.06M | $43.72M | $397.50M | $585.47M |
| SummaryCapital Expenditure | -$2.09M | -$3.63M | -$5.62M | -$6.40M | -$13.48M | -$22.01M |
| Free Cash Flow | -$39.45M | -$35.28M | -$4.39M | -$23.75M | -$190.81M | -$98.20M |
| FCF Margin | -28.7% | -22.0% | -1.8% | -7.8% | -56.9% | -23.0% |