| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $75.02M | $96.30M | $126.33M | $149.33M | $166.84M +122.4% | $179.70M +86.6% | $196.24M +55.3% | $219.40M +46.9% | Strengthening |
| Operating Profit | $5.27M | $25.74M | $22.05M | $35.57M | $37.91M +619.8% | $39.85M +54.8% | $50.56M +129.2% | $56.51M +58.9% | Strengthening |
| Net Profit | -$968.0K | $6.25M | $5.32M | $11.96M | $14.55M | -$1.66M -126.5% | $21.44M +303.0% | $20.49M +71.4% | Strengthening |
| EPS | — | — | — | — | — | — | — | — | — |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | $6.20M | $7.01M | — | — | $4.77M -23.0% | $16.92M +141.4% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$1.75M | $18.35M | $16.88M | $30.09M | $28.88M | -$2.77M -115.1% | $47.28M +180.0% | $30.22M +0.4% | Strengthening |
| MarginsOPM | 7.0% | 26.7% | 17.5% | 23.8% | 22.7% +223.6% | 22.2% -17.0% | 25.8% +47.5% | 25.8% +8.1% | Strengthening |
| Tax | -26.3% | 23.7% | 23.2% | 19.8% | 14.1% | -26.9% -213.5% | 32.2% +38.9% | 16.5% -16.6% | Weakening |
| ReturnsROIC | -1.8% | 11.7% | 9.9% | 22.3% | 27.2% | -3.1% -126.5% | 40.0% +303.0% | 38.3% +71.4% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $25.06M | $66.88M | $60.37M | $36.50M | $8.84M | $5.83M | $114.25M | $353.32M | $824.10M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $80.77M | $117.58M | $81.73M | $81.07M | $88.74M | $67.14M | $250.98M | $483.02M | $1.07B |
| Net PP&E | $296.54M | $314.45M | $250.59M | $244.27M | $302.19M | $335.84M | $9.97M | $10.63M | $17.64M |
| Goodwill | $17.24M | $17.24M | $13.00M | $13.00M | $13.00M | $13.00M | $103.98M | $105.36M | $105.36M |
| Intangibles | $4.54M | $3.76M | $2.98M | $2.20M | $1.43M | $702.0K | $71.52M | $59.80M | $69.20M |
| Total Assets | $458.61M | $505.07M | $411.90M | $406.22M | $462.58M | $468.30M | $1.13B | $2.14B | $4.21B |
| LiabilitiesTotal Current Liabilities | $35.33M | $20.39M | $20.21M | $29.30M | $55.91M | $37.20M | $65.53M | $163.30M | $259.28M |
| Short-Term Debt | — | — | — | — | — | — | $8.13M | $4.03M | $11.39M |
| Long-Term Debt | — | — | — | — | — | $30.00M | $307.61M | $179.99M | $1.60B |
| Long-Term Leases | — | $7.86M | $7.42M | $6.70M | $6.21M | $11.54M | $8.06M | $8.16M | $13.89M |
| Total Liabilities | $117.73M | $95.41M | $96.42M | $108.35M | $145.45M | $152.72M | $463.73M | $1.32B | $3.05B |
| EquityCommon Stock & APIC | — | — | — | — | — | — | — | — | — |
| Retained Earnings | $35.51M | $74.22M | $20.55M | $5.92M | $12.85M | $17.31M | $17.66M | $26.07M | $53.54M |
| Total Equity | $198.45M | $263.85M | $201.25M | $203.15M | $215.72M | $205.98M | $355.62M | $564.34M | $901.98M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | -$201.47M | $169.30M | -$784.88M |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $116.36M | $114.87M | $43.85M | $16.47M | $68.00M | $89.35M | $59.37M | $209.10M | $424.71M |
| Cash from Investing | -$160.54M | -$34.00M | -$3.77M | -$19.52M | -$79.54M | -$62.00M | -$305.03M | -$686.36M | -$1.30B |
| Cash from Financing | $5.82M | -$39.04M | -$46.59M | -$20.82M | -$16.12M | -$30.35M | $399.70M | $670.70M | $1.63B |
| SummaryCapital Expenditure | -$161.08M | -$34.85M | -$4.66M | -$19.64M | -$81.41M | -$64.39M | -$188.42M | -$646.76M | -$1.15B |
| Free Cash Flow | -$44.71M | $80.02M | $39.19M | -$3.17M | -$13.41M | $24.96M | -$129.05M | -$437.65M | -$727.80M |
| FCF Margin | -22.7% | 33.1% | 38.1% | -2.0% | -4.2% | 8.5% | -41.2% | -70.3% | -95.5% |