| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $52.39M | $54.17M | $55.81M | $58.47M | $61.34M +17.1% | $63.40M +17.0% | $65.50M +17.4% | $67.54M +15.5% | Strengthening |
| Operating Profit | -$6.63M | -$7.37M | -$9.32M | -$10.19M | -$8.94M -34.9% | -$2.16M +70.7% | -$6.02M +35.4% | -$4.39M +56.9% | Strengthening |
| Net Profit | -$5.88M | -$6.71M | -$8.82M | -$8.71M | -$8.67M -47.4% | -$1.85M +72.5% | -$5.77M +34.6% | -$4.26M +51.1% | Strengthening |
| EPS | $-0.08 | — | $-0.12 | $-0.11 | $-0.11 -37.5% | — | $-0.07 +41.7% | $-0.05 +54.5% | Strengthening |
| Other Income | — | — | — | — | — | — | — | — | — |
| Interest | $405.0K | $400.0K | $397.0K | $537.0K | $366.0K -9.6% | $400.0K +0.0% | $369.0K -7.1% | $420.0K -21.8% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | — | — | — | — | — | — | — | — | — |
| MarginsOPM | -12.7% | -13.6% | -16.7% | -17.4% | -14.6% -15.2% | -3.4% +74.9% | -9.2% +44.9% | -6.5% +62.7% | Strengthening |
| Tax | — | — | — | — | — | — | — | — | — |
| ReturnsROIC | 1.8% | 2.0% | 2.7% | 2.6% | 2.6% +47.4% | 0.6% -72.5% | 1.8% -34.6% | 1.3% -51.1% | Weakening |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $80.22M | $55.70M | $136.00M | $62.00M | $50.76M | $51.60M | $54.96M | $47.63M |
| Short-Term Investments | — | — | — | — | — | — | — | — |
| Total Current Assets | — | $67.67M | $154.45M | $132.89M | $129.78M | $120.74M | $104.99M | $104.71M |
| Net PP&E | — | $18.29M | $24.50M | $55.88M | $51.24M | $45.96M | $42.99M | $41.73M |
| Goodwill | — | — | — | — | — | $0 | $29.46M | $29.46M |
| Intangibles | — | — | — | — | — | $0 | $7.13M | $6.45M |
| Total Assets | — | $92.97M | $187.49M | $208.35M | $201.01M | $188.93M | $207.97M | $208.59M |
| LiabilitiesTotal Current Liabilities | — | $44.02M | $54.31M | $72.22M | $72.85M | $76.62M | $84.60M | $83.98M |
| Short-Term Debt | — | $400.0K | $0 | $10.00M | $0 | — | — | — |
| Long-Term Debt | — | $3.60M | $10.00M | $0 | — | — | — | — |
| Long-Term Leases | — | — | $0 | $46.91M | $43.08M | $38.96M | $34.55M | $32.18M |
| Total Liabilities | — | $54.98M | $75.18M | $125.13M | $122.06M | $121.96M | $125.58M | $123.62M |
| EquityCommon Stock & APIC | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | — | -$130.21M | -$181.90M | -$231.64M | -$262.67M | -$291.01M | -$319.06M | -$329.09M |
| Total Equity | -$85.99M | -$113.94M | $112.30M | $83.22M | $78.96M | $66.97M | $82.38M | $84.97M |
| HighlightsNet Cash / (Debt) | — | $51.70M | $126.00M | $52.00M | — | — | — | — |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$22.07M | -$15.52M | -$20.37M | -$12.77M | $10.22M | $14.15M | $17.54M | $16.85M |
| Cash from Investing | -$2.47M | -$3.86M | -$9.81M | -$54.03M | -$7.74M | $8.88M | -$6.85M | -$3.52M |
| Cash from Financing | $65.00M | -$5.15M | $110.48M | -$7.21M | -$13.72M | -$22.19M | -$7.33M | -$10.37M |
| SummaryCapital Expenditure | -$2.47M | -$2.76M | -$7.38M | -$1.90M | -$1.69M | -$2.19M | -$2.39M | -$2.56M |
| Free Cash Flow | -$24.54M | -$18.28M | -$27.75M | -$14.66M | $8.53M | $11.96M | $15.15M | $14.29M |
| FCF Margin | -53.6% | -22.9% | -23.9% | -10.3% | 5.0% | 5.9% | 6.3% | 5.5% |