| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $84.71M | $88.71M | $92.79M | $96.06M | $99.01M +16.9% | $103.70M +16.9% | $110.72M +19.3% | $118.38M +23.2% | Strengthening |
| Operating Profit | -$36.04M | -$34.64M | -$41.56M | -$30.12M | -$29.93M +16.9% | -$32.90M +5.0% | -$45.86M -10.4% | -$36.28M -20.5% | Weakening |
| Net Profit | -$34.66M | -$31.59M | -$39.33M | $20.39M | -$27.14M +21.7% | -$30.51M +3.4% | -$44.02M -11.9% | -$35.05M -271.9% | Weakening |
| EPS | — | $-0.53 | $-0.66 | $0.34 | — | $-0.50 +5.7% | $-0.71 -7.6% | $-0.56 -264.7% | Weakening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $29.0K | $24.0K | $143.0K | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$34.75M | -$31.50M | -$39.15M | $20.58M | -$26.88M +22.6% | -$30.25M +3.9% | -$43.98M -12.3% | -$34.74M -268.8% | Weakening |
| MarginsOPM | -42.5% | -39.0% | -44.8% | -31.4% | -30.2% +29.0% | -31.7% +18.7% | -41.4% +7.5% | -30.6% +2.3% | Strengthening |
| Tax | 0.3% | -0.3% | -0.5% | 0.9% | -0.9% -439.3% | -0.8% -171.0% | -0.1% +77.8% | -0.9% -196.8% | Weakening |
| ReturnsROIC | 2.4% | 2.2% | 2.8% | -1.4% | 1.9% -21.7% | 2.1% -3.4% | 3.1% +11.9% | 2.5% | Strengthening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $80.76M | $46.73M | $93.67M | $465.83M | $378.69M | $286.47M | $226.32M | $183.05M | $117.44M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — |
| Total Current Assets | $95.67M | $160.13M | $334.87M | $546.50M | $596.48M | $424.26M | $346.78M | $332.97M | $321.30M |
| Net PP&E | $12.33M | $20.84M | $59.16M | $105.70M | $214.39M | $203.36M | $161.35M | $151.66M | $180.62M |
| Goodwill | $1.14M | $1.14M | $1.14M | $22.43M | $85.81M | $85.81M | $85.81M | $82.19M | $82.19M |
| Intangibles | $712.0K | $508.0K | $307.0K | $18.26M | $59.74M | $54.48M | $14.48M | $13.43M | $12.73M |
| Total Assets | $115.79M | $186.99M | $398.88M | $702.10M | $961.38M | $776.40M | $614.32M | $641.86M | $672.44M |
| LiabilitiesTotal Current Liabilities | $18.54M | $30.35M | $36.03M | $63.05M | $90.66M | $73.32M | $71.01M | $91.41M | $120.25M |
| Short-Term Debt | $2.50M | $3.33M | $3.33M | $1.55M | $0 | — | — | — | — |
| Long-Term Debt | $7.22M | $4.40M | $1.40M | — | — | — | — | — | — |
| Long-Term Leases | — | — | $24.84M | $53.16M | $81.27M | $79.17M | $70.22M | $61.75M | $84.96M |
| Total Liabilities | $26.73M | $34.91M | $62.62M | $121.28M | $171.99M | $152.97M | $141.63M | $168.90M | $226.70M |
| EquityCommon Stock & APIC | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | $1.0K |
| Retained Earnings | -$210.85M | -$318.52M | -$458.45M | -$610.55M | -$828.42M | -$1.03B | -$1.24B | -$1.32B | -$1.43B |
| Total Equity | -$201.42M | $152.08M | $336.26M | $580.82M | $789.38M | $623.43M | $472.69M | $472.96M | $445.74M |
| HighlightsNet Cash / (Debt) | $71.04M | $39.00M | $88.93M | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$66.16M | -$87.94M | -$142.25M | -$112.24M | -$124.39M | -$142.47M | -$64.09M | -$47.63M | -$53.07M |
| Cash from Investing | $27.31M | -$104.81M | -$114.65M | $156.16M | -$232.93M | $50.61M | -$3.07M | -$24.76M | -$45.24M |
| Cash from Financing | $88.82M | $158.58M | $303.73M | $329.18M | $270.53M | $911.0K | $6.89M | $28.54M | $13.80M |
| SummaryCapital Expenditure | -$3.69M | -$14.76M | -$9.87M | -$27.06M | -$101.86M | -$27.78M | -$5.08M | -$28.00M | -$40.05M |
| Free Cash Flow | -$69.85M | -$102.69M | -$152.12M | -$139.31M | -$226.24M | -$170.25M | -$69.17M | -$75.63M | -$93.12M |
| FCF Margin | -274.7% | -188.8% | -168.8% | -105.3% | -111.1% | -69.5% | -22.1% | -20.1% | -21.6% |