| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $147.75M | $164.00M | $160.03M | $165.19M | $173.57M +17.5% | $194.05M +18.3% | $189.72M +18.5% | $192.57M +16.6% | Strengthening |
| Operating Profit | -$14.60M | -$5.15M | -$12.77M | -$9.88M | -$7.55M +48.3% | $6.27M | -$2.27M +82.2% | -$2.28M +76.9% | Strengthening |
| Net Profit | -$17.94M | -$68.45M | $62.40M | -$11.37M | -$54.05M -201.3% | -$38.78M +43.3% | $38.94M -37.6% | -$27.23M -139.6% | Weakening |
| EPS | $-0.16 | — | $0.56 | $-0.10 | $-0.47 -193.7% | — | $0.33 -41.1% | $-0.23 -130.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $5.95M | $5.92M | $6.32M | $7.04M | $7.08M +19.1% | $7.26M +22.7% | $7.22M +14.3% | $7.32M +4.0% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$17.87M | -$68.36M | $62.49M | -$11.28M | -$54.03M -202.4% | -$38.63M +43.5% | $39.04M -37.5% | -$27.13M -140.6% | Weakening |
| MarginsOPM | -9.9% | -3.1% | -8.0% | -6.0% | -4.3% +56.0% | 3.2% | -1.2% +85.0% | -1.2% +80.1% | Strengthening |
| Tax | -0.4% | -0.1% | 0.1% | -0.8% | -0.0% +90.0% | -0.4% -185.7% | 0.3% +86.7% | -0.4% +53.2% | Weakening |
| ReturnsROIC | 1.4% | 5.3% | -4.9% | 0.9% | 4.2% +201.3% | 3.0% -43.3% | -3.0% +37.6% | 2.1% +139.6% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $34.39M | $154.45M | $350.85M | $418.17M | $293.79M | $175.71M | $172.21M | $151.23M | $119.13M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $89.15M | $406.76M | $421.47M | $517.81M | $372.26M | $235.95M | $232.67M | $227.49M | $193.32M |
| Net PP&E | $33.29M | $55.83M | $181.59M | $234.60M | $240.63M | $190.44M | $170.16M | $160.79M | $163.80M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | — | — | — | — | — |
| Total Assets | $135.42M | $465.25M | $605.11M | $754.94M | $615.64M | $446.92M | $423.10M | $409.03M | $378.29M |
| LiabilitiesTotal Current Liabilities | $88.35M | $118.55M | $148.26M | $187.99M | $207.51M | $188.86M | $248.68M | $264.24M | $233.48M |
| Short-Term Debt | $5.99M | — | — | — | — | — | — | — | — |
| Long-Term Debt | $3.25M | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | — | $115.08M | $143.16M | $125.12M | $104.86M | $85.79M | $66.79M | $64.40M |
| Total Liabilities | $98.91M | $128.00M | $413.82M | $681.82M | $785.73M | $750.22M | $830.47M | $824.55M | $756.02M |
| EquityCommon Stock & APIC | — | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K | $1.0K |
| Retained Earnings | -$257.67M | -$356.19M | -$532.02M | -$768.13M | -$951.15M | -$1.12B | -$1.25B | -$1.30B | -$1.28B |
| Total Equity | -$257.69M | $337.25M | $191.29M | $73.13M | -$170.09M | -$303.30M | -$407.38M | -$415.52M | -$377.73M |
| HighlightsNet Cash / (Debt) | $25.15M | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$47.20M | -$54.49M | -$134.42M | -$142.15M | -$91.56M | -$61.27M | $26.85M | $37.01M | $53.84M |
| Cash from Investing | -$33.92M | -$215.36M | $178.00M | -$43.44M | -$36.92M | -$42.13M | -$25.59M | -$29.22M | -$30.87M |
| Cash from Financing | $106.08M | $378.67M | $152.81M | $252.91M | $4.10M | $226.0K | -$4.76M | -$28.87M | $1.73M |
| SummaryCapital Expenditure | -$13.39M | -$24.76M | -$18.25M | -$37.47M | -$22.86M | -$29.18M | -$14.25M | -$18.64M | -$17.63M |
| Free Cash Flow | -$60.59M | -$79.25M | -$152.67M | -$179.62M | -$114.42M | -$90.44M | $12.60M | $18.37M | $36.21M |
| FCF Margin | -28.3% | -25.1% | -50.9% | -38.4% | -19.0% | -16.5% | 2.1% | 2.7% | 4.8% |