| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $104.81M | $132.39M | $122.57M | $144.50M | $155.08M +48.0% | $179.65M +35.7% | $200.35M +63.5% | $234.07M +62.0% | Strengthening |
| Operating Profit | -$51.90M | -$51.55M | -$59.19M | -$59.64M | -$58.97M -13.6% | -$51.04M +1.0% | -$55.97M +5.4% | -$57.51M +3.6% | Strengthening |
| Net Profit | -$51.94M | -$52.34M | -$60.62M | -$66.41M | -$18.26M +64.8% | -$52.92M -1.1% | -$45.02M +25.7% | -$49.26M +25.8% | Strengthening |
| EPS | $-0.10 | — | $-0.12 | $-0.13 | $-0.03 +70.0% | — | $-0.07 +41.7% | $-0.08 +38.5% | Strengthening |
| Other Income | $904.0K | -$121.0K | -$2.24M | -$3.84M | -$379.0K -141.9% | $9.40M | $9.15M | $13.58M | Strengthening |
| Interest | — | — | $6.79M | $7.39M | — | — | $1.27M -81.3% | $581.0K -92.1% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$50.99M | -$51.67M | -$61.43M | -$63.48M | -$59.35M -16.4% | -$41.64M +19.4% | -$46.81M +23.8% | -$43.93M +30.8% | Strengthening |
| MarginsOPM | -49.5% | -38.9% | -48.3% | -41.3% | -38.0% +23.2% | -28.4% +27.0% | -27.9% +42.1% | -24.6% +40.5% | Strengthening |
| Tax | -1.9% | -1.3% | 1.3% | -4.6% | 69.2% | -27.1% -1967.2% | 3.8% +190.2% | -12.1% -162.0% | Weakening |
| ReturnsROIC | 4.1% | 4.1% | 4.7% | 5.2% | 1.4% -64.8% | 4.1% +1.1% | 3.5% -25.7% | 3.9% -25.8% | Weakening |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $52.79M | $690.96M | $242.51M | $162.52M | $271.04M | $828.66M | $2.13B |
| Short-Term Investments | — | $0 | $229.28M | $82.25M | $147.95M | $187.92M | $172.70M |
| Total Current Assets | $93.11M | $774.76M | $662.29M | $476.72M | $692.62M | $1.37B | $2.90B |
| Net PP&E | $76.73M | $93.76M | $136.75M | $204.81M | $248.50M | $409.84M | $507.64M |
| Goodwill | $3.13M | $43.31M | $71.02M | $71.02M | $71.02M | $205.75M | $299.07M |
| Intangibles | $11.35M | $57.49M | $79.69M | $68.09M | $58.64M | $224.75M | $320.42M |
| Total Assets | $187.87M | $980.85M | $989.12M | $941.21M | $1.18B | $2.32B | $4.19B |
| LiabilitiesTotal Current Liabilities | $48.42M | $96.31M | $162.94M | $223.37M | $339.52M | $334.48M | $528.20M |
| Short-Term Debt | $0 | $2.83M | $2.91M | $17.76M | $12.04M | $0 | — |
| Long-Term Debt | $0 | $97.30M | $100.04M | $87.59M | $44.05M | $1.72M | $1.72M |
| Long-Term Leases | $27.30M | $28.30M | $34.27M | $56.10M | $51.97M | $85.19M | $104.38M |
| Total Liabilities | $79.62M | $282.40M | $315.92M | $386.67M | $801.89M | $602.62M | $695.22M |
| EquityCommon Stock & APIC | $8.0K | $45.0K | $48.0K | $49.0K | $50.0K | $54.0K | $60.0K |
| Retained Earnings | -$187.69M | -$305.01M | -$440.95M | -$623.53M | -$813.70M | -$1.01B | -$1.11B |
| Total Equity | -$166.71M | $698.45M | $673.21M | $554.54M | $382.45M | $1.72B | $3.49B |
| HighlightsNet Cash / (Debt) | $52.79M | $590.84M | $368.84M | $139.42M | $362.90M | $1.01B | — |
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$27.76M | -$71.79M | -$106.54M | -$98.87M | -$48.89M | -$165.52M | -$222.46M |
| Cash from Investing | -$37.33M | -$92.13M | -$346.08M | $12.02M | -$98.33M | -$347.40M | -$395.98M |
| Cash from Financing | $21.48M | $799.94M | $2.04M | $7.37M | $256.68M | $1.07B | $2.19B |
| SummaryCapital Expenditure | -$25.12M | -$25.70M | -$42.41M | -$54.71M | -$67.09M | -$156.28M | -$148.68M |
| Free Cash Flow | -$52.88M | -$97.49M | -$148.95M | -$153.57M | -$115.98M | -$321.81M | -$371.14M |
| FCF Margin | -150.4% | -156.6% | -70.6% | -62.8% | -26.6% | -53.5% | -48.3% |