| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $74.75M | $91.93M | $91.92M | $93.53M | $98.04M +31.2% | $97.66M +6.2% | $122.63M +33.4% | $207.65M +122.0% | Strengthening |
| Operating Profit | — | — | $20.14M | — | — | — | — | — | — |
| Net Profit | -$13.76M | -$5.50M | -$12.53M | -$1.56M | -$26.91M -95.6% | -$29.78M -441.0% | -$41.23M -229.1% | -$24.46M -1465.2% | Weakening |
| EPS | $-0.98 | — | $-0.77 | $-0.16 | $-1.56 -59.2% | — | $-2.39 -210.4% | $-0.52 -225.0% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $9.84M | $9.60M | $9.45M | $9.27M | $9.91M +0.7% | $10.01M +4.3% | $12.83M +35.9% | $22.51M +142.8% | Strengthening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$14.20M | -$6.17M | -$12.95M | -$1.88M | -$27.26M -92.0% | -$30.07M -387.2% | -$41.24M -218.5% | -$24.40M -1196.3% | Weakening |
| MarginsOPM | — | — | 21.9% | — | — | — | — | — | — |
| Tax | -0.5% | -0.8% | -0.6% | -4.8% | -0.3% +33.3% | -0.3% +66.7% | -0.5% +13.8% | -1.3% +72.5% | Strengthening |
| ReturnsROIC | 2.5% | 1.0% | 2.3% | 0.3% | 4.8% +95.6% | 5.4% +441.0% | 7.4% +229.1% | 4.4% +1465.2% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $31.31M | $23.98M | $17.89M | $78.69M | $16.91M | $4.08M | $16.99M | $11.01M | $48.71M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $73.46M | $63.21M | $43.43M | $106.19M | $43.57M | $32.34M | $64.09M | $77.88M | $110.44M |
| Net PP&E | $1.06B | $1.19B | $656.27M | $621.48M | $604.50M | $578.40M | $576.40M | $560.70M | $2.19B |
| Goodwill | — | — | — | — | — | — | — | $0 | $52.71M |
| Intangibles | — | — | — | — | — | — | $24.53M | $19.74M | $181.71M |
| Total Assets | $1.15B | $1.27B | $702.83M | $728.55M | $661.27M | $621.46M | $841.92M | $844.85M | $2.55B |
| LiabilitiesTotal Current Liabilities | $85.03M | $129.03M | $373.12M | $120.48M | $94.32M | $100.86M | $75.61M | $105.13M | $125.36M |
| Short-Term Debt | — | — | $304.16M | $69.77M | $46.03M | $42.32M | $15.49M | $7.29M | $16.14M |
| Long-Term Debt | — | — | $604.73M | $613.34M | $625.00M | $587.10M | $635.90M | $682.45M | $1.56B |
| Long-Term Leases | — | $208.57M | $243.0K | $103.0K | — | — | — | — | — |
| Total Liabilities | $1.11B | $1.25B | $982.10M | $734.11M | $719.43M | $688.01M | $712.31M | $788.59M | $1.68B |
| EquityCommon Stock & APIC | $318.0K | $319.0K | $21.0K | $66.0K | $67.0K | $82.0K | $190.0K | $188.0K | $474.0K |
| Retained Earnings | -$149.50M | -$172.90M | -$468.26M | -$342.66M | -$397.06M | -$418.17M | -$420.22M | -$491.00M | -$556.70M |
| Total Equity | $35.27M | $14.38M | -$279.26M | -$46.81M | -$101.71M | -$115.09M | $71.78M | -$11.0K | $861.59M |
| HighlightsNet Cash / (Debt) | — | — | -$891.01M | -$604.42M | -$654.12M | -$625.34M | -$634.40M | -$678.73M | -$1.52B |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | $36.87M | $5.23M | -$6.79M | -$28.80M | -$2.58M | $10.68M | -$1.78M | $24.36M | -$15.56M |
| Cash from Investing | -$21.91M | $47.78M | $8.51M | -$10.44M | -$36.90M | -$16.56M | -$208.92M | -$70.69M | -$956.15M |
| Cash from Financing | -$1.67M | -$60.26M | -$15.92M | $99.42M | -$22.65M | -$7.11M | $232.04M | $37.51M | $1.00B |
| SummaryCapital Expenditure | -$21.96M | -$20.31M | -$15.63M | -$10.44M | -$24.56M | -$17.94M | -$25.17M | -$33.28M | -$37.15M |
| Free Cash Flow | $14.90M | -$15.08M | -$22.43M | -$39.24M | -$27.14M | -$7.25M | -$26.95M | -$8.92M | -$52.71M |
| FCF Margin | 3.2% | -3.4% | -5.8% | -16.7% | -11.4% | -2.8% | -8.9% | -2.3% | -10.0% |