| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $33.25M | $41.83M | $32.70M | $48.50M | $51.30M +54.3% | $57.25M +36.9% | $60.11M +83.8% | $71.25M +46.9% | Strengthening |
| Operating Profit | -$43.88M | -$41.25M | -$47.00M | -$45.30M | -$52.65M -20.0% | -$47.06M -14.1% | -$52.36M -11.4% | -$48.55M -7.2% | Weakening |
| Net Profit | -$43.64M | -$43.33M | -$49.50M | -$46.63M | -$52.90M -21.2% | -$47.51M -9.6% | -$55.64M -12.4% | -$49.30M -5.7% | Weakening |
| EPS | $-0.73 | — | $-0.81 | $-0.75 | $-0.82 -12.3% | — | $-0.83 -2.5% | $-0.73 +2.7% | Stable |
| Other Income | -$100.0K | -$2.16M | -$2.41M | -$999.0K | -$140.0K -40.0% | -$473.0K +78.1% | -$2.73M -13.2% | -$302.0K +69.8% | Strengthening |
| Interest | $5.24M | $6.00M | $5.41M | $5.82M | $4.74M -9.5% | $4.62M -23.1% | $4.58M -15.3% | $4.54M -22.0% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$43.98M | -$43.42M | -$49.42M | -$46.30M | -$52.79M -20.0% | -$47.54M -9.5% | -$55.09M -11.5% | -$48.85M -5.5% | Weakening |
| MarginsOPM | -132.0% | -98.6% | -143.7% | -93.4% | -102.6% +22.2% | -82.2% +16.6% | -87.1% +39.4% | -68.1% +27.0% | Strengthening |
| Tax | 0.8% | 0.2% | -0.2% | -0.7% | -0.2% -126.9% | 0.1% -65.0% | -1.0% -518.8% | -0.9% -24.7% | Weakening |
| ReturnsROIC | 3.0% | 3.0% | 3.4% | 3.2% | 3.6% +21.2% | 3.3% +9.6% | 3.8% +12.4% | 3.4% +5.7% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $49.54M | $62.29M | $100.85M | $59.25M | $127.68M | $60.08M | $89.14M | $54.30M | $65.61M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $258.69M | $302.40M | $181.67M | $308.39M | $354.24M | $308.27M | $374.20M | $466.92M | $426.56M |
| Net PP&E | $4.38M | $5.72M | $5.00M | $4.33M | $3.38M | $2.12M | $4.11M | $4.15M | $2.92M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | $4.66M | $7.88M | $7.03M | $6.17M | $5.32M | $4.89M |
| Total Assets | $260.21M | $308.52M | $187.07M | $329.52M | $382.48M | $332.75M | $392.27M | $480.20M | $437.27M |
| LiabilitiesTotal Current Liabilities | $13.58M | $24.42M | $17.99M | $43.43M | $39.81M | $55.20M | $115.52M | $105.94M | $123.59M |
| Short-Term Debt | — | — | — | — | — | — | $1.54M | $7.30M | $12.70M |
| Long-Term Debt | — | — | — | — | — | $106.14M | $108.27M | $100.89M | $93.40M |
| Long-Term Leases | — | — | — | $1.95M | $1.26M | $490.0K | $3.94M | $3.34M | $2.98M |
| Total Liabilities | $13.95M | $27.50M | $20.55M | $45.37M | $118.22M | $162.99M | $227.72M | $210.17M | $219.97M |
| EquityCommon Stock & APIC | $34.0K | $44.0K | $44.0K | $50.0K | $56.0K | $59.0K | $61.0K | $67.0K | $69.0K |
| Retained Earnings | -$184.60M | -$325.33M | -$459.33M | -$528.94M | -$710.06M | -$894.74M | -$1.16B | -$1.35B | -$1.46B |
| Total Equity | $246.26M | $281.02M | $166.53M | $284.15M | $264.26M | $169.76M | $21.73M | $139.07M | $102.98M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | -$20.67M | -$53.88M | -$40.49M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$62.06M | -$122.75M | -$121.98M | -$146.00M | -$173.43M | -$136.16M | -$113.88M | -$115.67M | -$105.35M |
| Cash from Investing | -$87.15M | -$27.97M | $158.53M | -$62.16M | $28.03M | -$5.67M | -$48.17M | -$137.15M | -$144.94M |
| Cash from Financing | $164.69M | $163.47M | $2.01M | $166.48M | $213.83M | $74.37M | $191.24M | $217.96M | $179.79M |
| SummaryCapital Expenditure | -$722.0K | -$3.38M | -$214.0K | -$434.0K | -$281.0K | -$47.0K | $0 | -$953.0K | — |
| Free Cash Flow | -$62.78M | -$126.14M | -$122.19M | -$146.44M | -$173.71M | -$136.20M | -$113.88M | -$116.63M | — |
| FCF Margin | — | — | — | -4642.9% | -734.9% | -175.9% | -87.5% | -61.5% | — |