| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $57.70M | $68.11M | $60.31M | $69.49M | $83.57M +44.8% | $113.28M +66.3% | $113.57M +88.3% | $157.43M +126.5% | Strengthening |
| Operating Profit | -$24.86M | -$23.02M | -$28.11M | -$24.61M | -$16.02M +35.6% | $1.76M | -$12.34M +56.1% | $8.21M | Strengthening |
| Net Profit | -$19.32M | -$18.81M | -$23.88M | -$20.18M | -$8.01M +58.5% | $9.17M | -$5.22M +78.2% | $18.16M | Strengthening |
| EPS | $-0.83 | — | $-1.01 | $-0.84 | $-0.31 +62.7% | — | $-0.20 +80.2% | $0.69 | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | — | — | — | $0 | — | — | — | $2.25M | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$19.20M | -$18.44M | -$23.81M | -$20.14M | -$7.90M +58.8% | $9.55M | -$5.20M +78.1% | $18.20M | Strengthening |
| MarginsOPM | -43.1% | -33.8% | -46.6% | -35.4% | -19.2% +55.5% | 1.6% | -10.9% +76.7% | 5.2% | Strengthening |
| Tax | -0.6% | -2.0% | -0.3% | -0.2% | -1.4% -125.8% | 4.0% | -0.3% +3.6% | 0.2% | Strengthening |
| ReturnsROIC | 9.1% | 8.9% | 11.3% | 9.5% | 3.8% -58.5% | -4.3% -148.7% | 2.5% -78.2% | -8.6% -190.0% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | — | — | $73.53M | $559.46M | $34.60M | $9.47M | $6.11M | $16.76M | $1.92B |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $53.10M | $99.66M | $113.18M | $625.94M | $669.07M | $623.24M | $544.06M | $949.28M | $2.13B |
| Net PP&E | $11.28M | $19.08M | $20.60M | $46.10M | $69.62M | $62.95M | $89.04M | $109.20M | $124.25M |
| Goodwill | — | — | — | — | $0 | $87.10M | $87.10M | $87.10M | $87.10M |
| Intangibles | $8.14M | $4.49M | $2.07M | $5.98M | $5.21M | $177.08M | $163.56M | $147.37M | $136.02M |
| Total Assets | $72.69M | $123.39M | $136.01M | $678.21M | $750.62M | $951.68M | $884.96M | $1.29B | $2.51B |
| LiabilitiesTotal Current Liabilities | $58.68M | $53.31M | $19.14M | $37.38M | $33.79M | $121.39M | $108.45M | $84.00M | $109.74M |
| Short-Term Debt | $46.00M | $41.00M | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Leases | — | $7.94M | $6.99M | $6.40M | $8.15M | $5.42M | $3.49M | $1.13M | $4.69M |
| Total Liabilities | $61.67M | $61.25M | $26.13M | $45.71M | $42.14M | $243.63M | $185.24M | $138.52M | $1.48B |
| EquityCommon Stock & APIC | $1.0K | $2.0K | $2.0K | $2.0K | $2.0K | $2.0K | — | — | — |
| Retained Earnings | -$47.42M | -$54.02M | -$63.40M | -$31.12M | -$7.87M | -$88.40M | -$182.00M | -$224.90M | -$211.97M |
| Total Equity | $11.02M | $62.14M | $109.88M | $632.50M | $708.48M | $708.05M | $699.72M | $1.16B | $1.03B |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$1.05M | $7.38M | $16.60M | $59.08M | $39.75M | $8.06M | $23.19M | $87.15M | $127.74M |
| Cash from Investing | -$5.01M | -$3.20M | -$7.79M | -$33.79M | -$560.09M | -$36.66M | $64.76M | -$427.87M | $556.91M |
| Cash from Financing | $4.85M | $51.35M | $1.30M | $460.65M | -$4.52M | $3.47M | -$91.31M | $351.37M | $1.06B |
| SummaryCapital Expenditure | -$2.31M | -$1.43M | -$6.10M | -$30.88M | -$31.79M | -$8.95M | -$36.22M | -$52.03M | -$43.25M |
| Free Cash Flow | -$3.36M | $5.95M | $10.51M | $28.20M | $7.96M | -$889.0K | -$13.03M | $35.13M | $84.49M |
| FCF Margin | -3.9% | 7.1% | 9.0% | 12.9% | 2.8% | -0.6% | -6.4% | 10.8% | 18.1% |