| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $48.12M | $66.41M | $78.33M | $102.66M | $118.70M +146.7% | $151.67M +128.4% | $162.05M +106.9% | $173.91M +69.4% | Strengthening |
| Operating Profit | -$25.16M | -$24.42M | -$26.28M | -$22.18M | -$14.53M +42.3% | -$7.98M +67.3% | -$6.12M +76.7% | -$19.91M +10.3% | Strengthening |
| Net Profit | -$23.42M | -$23.11M | -$25.12M | -$20.34M | -$12.59M +46.3% | -$8.37M +63.8% | -$6.97M +72.3% | -$18.55M +8.8% | Strengthening |
| EPS | $-0.61 | — | $-0.64 | $-0.48 | $-0.30 +50.8% | — | $-0.16 +75.0% | $-0.43 +10.4% | Strengthening |
| Other Income | $1.74M | $1.31M | $1.16M | $1.84M | $1.94M +11.6% | $1.66M +27.1% | $1.51M +29.9% | $4.07M +120.9% | Strengthening |
| Interest | $2.44M | $2.31M | $2.21M | $2.24M | $2.27M -7.2% | $2.21M -4.2% | $2.13M -3.8% | $2.16M -3.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -52.3% | -36.8% | -33.5% | -21.6% | -12.2% +76.6% | -5.3% +85.7% | -3.8% +88.7% | -11.4% +47.0% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 3.4% | 3.3% | 3.6% | 2.9% | 1.8% -46.3% | 1.2% -63.8% | 1.0% -72.3% | 2.7% -8.8% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $2.38M | $57.95M | $168.13M | $171.33M | $71.66M | $224.95M | $94.82M | $183.64M | $204.59M |
| Short-Term Investments | — | — | $0 | $483.0K | $145.37M | $2.50M | $196.56M | $233.63M | $245.09M |
| Total Current Assets | — | $58.03M | $170.66M | $175.95M | $225.38M | $256.13M | $356.70M | $522.78M | $561.99M |
| Net PP&E | — | $280.0K | $1.24M | $1.83M | $1.53M | $3.35M | $2.87M | $21.75M | $30.40M |
| Goodwill | — | — | — | — | — | — | — | — | — |
| Intangibles | — | — | — | — | $0 | $3.87M | $8.33M | $7.37M | $6.88M |
| Total Assets | — | $58.32M | $171.97M | $178.91M | $227.86M | $265.49M | $376.99M | $562.16M | $611.14M |
| LiabilitiesTotal Current Liabilities | — | $819.0K | $5.39M | $11.48M | $15.43M | $36.94M | $80.61M | $135.69M | $175.75M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | $0 | $19.43M | $29.82M | $71.84M | $72.44M | $72.76M |
| Long-Term Leases | — | $100.0K | $549.0K | $585.0K | $52.0K | $1.51M | $0 | $10.60M | $15.89M |
| Total Liabilities | — | $919.0K | $5.99M | $12.18M | $34.96M | $68.50M | $152.46M | $218.73M | $264.41M |
| EquityCommon Stock & APIC | — | $2.0K | $4.0K | $4.0K | $5.0K | $5.0K | $6.0K | $6.0K | $6.0K |
| Retained Earnings | — | -$6.03M | -$32.84M | -$46.67M | -$108.76M | -$244.66M | -$360.21M | -$426.63M | -$452.15M |
| Total Equity | -$1.35M | -$6.00M | $165.98M | $166.73M | $192.90M | $196.99M | $224.53M | $343.43M | $346.73M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$3.67M | -$21.14M | $3.75M | -$49.03M | -$117.49M | -$83.03M | -$12.45M | $74.16M |
| Cash from Investing | -$175.0K | -$456.0K | -$586.0K | -$144.63M | $140.60M | -$199.19M | -$42.12M | $23.85M |
| Cash from Financing | $59.45M | $131.77M | $21.0K | $93.99M | $130.18M | $154.66M | $143.39M | $9.38M |
| SummaryCapital Expenditure | -$175.0K | -$456.0K | -$586.0K | -$506.0K | -$1.50M | -$1.57M | -$9.86M | -$18.16M |
| Free Cash Flow | -$3.85M | -$21.59M | $3.16M | -$49.54M | -$119.00M | -$84.59M | -$22.31M | $56.00M |
| FCF Margin | — | — | 5.5% | -191.9% | -682.0% | -46.2% | -4.9% | 9.2% |