| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $21.99M | $22.43M | $22.46M | $23.19M | $26.63M +21.1% | $19.90M -11.3% | $20.26M -9.8% | $24.26M +4.6% | Weakening |
| Operating Profit | -$22.49M | -$21.04M | -$21.63M | -$19.01M | -$18.16M +19.3% | -$22.45M -6.7% | -$19.42M +10.2% | -$22.14M -16.4% | Weakening |
| Net Profit | -$21.75M | $31.79M | -$19.88M | -$26.49M | -$29.24M -34.5% | -$36.13M -213.6% | -$19.51M +1.8% | -$22.16M +16.4% | Weakening |
| EPS | $-0.57 | — | $-0.41 | $-0.53 | $-0.45 +21.1% | — | $-0.21 +48.8% | $-0.24 +54.7% | Strengthening |
| Other Income | -$2.59M | $3.21M | $4.06M | -$3.16M | — | — | — | — | — |
| Interest | — | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$25.09M | -$24.41M | -$20.20M | -$25.61M | -$29.52M -17.7% | -$36.63M -50.1% | -$20.12M +0.4% | -$22.47M +12.2% | Weakening |
| MarginsOPM | -102.3% | -93.8% | -96.3% | -82.0% | -68.2% +33.3% | -112.8% -20.3% | -95.9% +0.5% | -91.2% -11.3% | Weakening |
| Tax | 10.3% | 0.7% | 1.6% | -3.5% | 1.0% -90.6% | 1.4% +104.5% | 3.0% +89.4% | 1.4% | Strengthening |
| ReturnsROIC | 3.5% | -5.1% | 3.2% | 4.3% | 4.7% +34.5% | 5.8% | 3.1% -1.8% | 3.6% -16.4% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $37.54M | $44.06M | $114.82M | $254.72M | $184.42M | $46.61M | $16.91M | $27.43M | $12.42M |
| Short-Term Investments | $13.56M | — | — | — | — | — | — | — | — |
| Total Current Assets | $86.52M | $81.11M | $156.57M | $379.08M | $278.00M | $185.81M | $59.41M | $73.91M | $47.48M |
| Net PP&E | $4.01M | $3.21M | $2.35M | $1.56M | $5.29M | $9.75M | $10.89M | $11.38M | $11.40M |
| Goodwill | $5.51M | $6.90M | $6.90M | $42.03M | $46.50M | $53.53M | $53.11M | $54.26M | $54.01M |
| Intangibles | $20.48M | $16.13M | $10.74M | $93.87M | $79.66M | $83.42M | $59.50M | $38.64M | $29.69M |
| Total Assets | $117.75M | $108.53M | $177.65M | $518.35M | $424.75M | $378.86M | $198.06M | $182.28M | $148.49M |
| LiabilitiesTotal Current Liabilities | $56.09M | $59.74M | $88.25M | $191.34M | $193.32M | $191.87M | $60.96M | $103.78M | $100.54M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | $77.50M | $41.18M | — | — |
| Long-Term Leases | — | — | — | — | $1.51M | $308.0K | $150.0K | $1.28M | $1.81M |
| Total Liabilities | $57.47M | $61.12M | $89.44M | $431.85M | $344.90M | $340.71M | $184.61M | $114.16M | $110.63M |
| EquityCommon Stock & APIC | $19.0K | $26.0K | $32.0K | $35.0K | $36.0K | $38.0K | $41.0K | $93.0K | $100.0K |
| Retained Earnings | -$170.41M | -$232.49M | -$280.37M | -$345.04M | -$371.27M | -$429.90M | -$467.28M | -$579.01M | -$620.68M |
| Total Equity | $60.28M | $47.41M | $88.21M | $86.50M | $79.85M | $38.15M | $13.45M | $68.12M | $37.87M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$41.77M | -$30.43M | $1.43M | $7.23M | $3.74M | -$76.42M | -$24.72M | -$53.20M | -$50.05M |
| Cash from Investing | $15.93M | $11.96M | -$119.0K | -$53.84M | -$12.10M | -$54.88M | -$1.61M | -$4.98M | -$4.70M |
| Cash from Financing | $34.29M | $24.61M | $69.44M | $186.51M | -$61.93M | $26.33M | -$37.06M | $69.42M | $53.03M |
| SummaryCapital Expenditure | -$3.72M | -$293.0K | -$175.0K | -$1.02M | -$4.76M | -$4.73M | -$6.10M | -$4.98M | -$4.70M |
| Free Cash Flow | -$45.49M | -$30.73M | $1.26M | $6.22M | -$1.03M | -$81.15M | -$30.82M | -$58.18M | -$54.75M |
| FCF Margin | -168.2% | -61.9% | 2.2% | 5.4% | -0.7% | -81.2% | -33.3% | -63.1% | -60.1% |