| Metric | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| EarningsRevenue | $3.69M | $12.04M | $20.40M | $25.88M | $26.06M +605.4% | $34.13M +183.4% | $36.22M +77.5% | $39.66M +53.3% | Strengthening |
| Operating Profit | -$27.31M | -$15.42M | -$5.36M | -$71.04M | $4.14M | $9.31M | $52.15M | $16.78M | Strengthening |
| Net Profit | -$33.23M | -$35.74M | -$3.10M | $74.71M | -$544.0K +98.4% | $12.16M | $37.89M | $8.75M -88.3% | Weakening |
| EPS | $-0.69 | — | $-0.06 | $1.24 | $-0.01 +98.6% | — | $0.62 | $0.14 -88.7% | Weakening |
| Other Income | -$5.92M | -$4.95M | $3.44M | $147.94M | -$5.12M +13.5% | $3.35M | -$7.34M -313.1% | -$3.98M -102.7% | Weakening |
| Interest | $2.31M | $2.19M | $1.97M | $2.01M | $2.05M -11.3% | $1.95M -11.2% | $1.71M -13.1% | $0 -100.0% | Weakening |
| Depreciation | — | — | — | — | — | — | — | — | — |
| Profit before Tax | -$33.23M | -$20.37M | -$1.92M | $76.91M | -$977.0K +97.1% | $12.67M | $44.80M | $12.79M -83.4% | Weakening |
| MarginsOPM | -739.0% | -128.0% | -26.3% | -274.5% | 15.9% | 27.3% | 144.0% | 42.3% | Strengthening |
| Tax | 0.0% | -75.5% | -61.7% | 2.9% | 44.3% | 4.0% | 15.4% | 31.6% +1004.5% | Strengthening |
| ReturnsROIC | 8.9% | 9.5% | 0.8% | -19.9% | 0.1% -98.4% | -3.2% -134.0% | -10.1% -1322.7% | -2.3% +88.3% | Weakening |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| AssetsCash & Equivalents | $18.41M | $3.22M | $4.21M | $112.35M | $65.47M | $43.05M | $33.78M | $62.41M | $145.32M |
| Short-Term Investments | $3.26M | — | — | $0 | — | — | — | — | — |
| Total Current Assets | $23.72M | $6.97M | $8.38M | $115.06M | $92.83M | $86.94M | $86.03M | $223.01M | $251.30M |
| Net PP&E | $1.75M | $3.01M | $2.39M | $2.02M | $1.78M | $1.53M | $1.01M | $1.70M | $2.31M |
| Goodwill | — | — | — | — | $0 | $4.70M | $4.70M | $4.70M | $4.70M |
| Intangibles | — | — | — | — | $0 | $69.23M | $68.99M | $6.42M | $5.79M |
| Total Assets | $26.75M | $10.51M | $11.21M | $132.94M | $115.34M | $172.33M | $178.13M | $284.73M | $302.71M |
| LiabilitiesTotal Current Liabilities | $12.00M | $5.43M | $7.54M | $4.23M | $12.02M | $73.72M | $34.06M | $39.28M | $48.63M |
| Short-Term Debt | — | — | — | — | — | — | — | — | — |
| Long-Term Debt | $81.44M | $77.34M | $67.66M | — | — | $5.07M | $59.50M | $61.93M | $0 |
| Long-Term Leases | — | $1.90M | $1.59M | $1.23M | $843.0K | $456.0K | $372.0K | $859.0K | $870.0K |
| Total Liabilities | $93.31M | $84.96M | $77.62M | $5.82M | $40.22M | $110.46M | $138.46M | $130.07M | $85.06M |
| EquityCommon Stock & APIC | $3.0K | $0 | $0 | $4.0K | $3.0K | $4.0K | $5.0K | — | — |
| Retained Earnings | -$221.19M | -$245.71M | -$258.47M | -$267.03M | -$353.73M | -$399.78M | -$505.29M | -$422.06M | -$375.42M |
| Total Equity | -$66.57M | -$74.46M | -$66.41M | $101.66M | $75.12M | $61.86M | $39.67M | $154.66M | $217.65M |
| HighlightsNet Cash / (Debt) | — | — | — | — | — | — | — | — | — |
| Line item | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -$54.20M | -$23.74M | -$1.94M | $10.44M | -$18.72M | -$33.53M | -$69.67M | -$1.60M | $33.40M |
| Cash from Investing | $33.33M | $3.23M | -$33.0K | -$15.52M | -$36.72M | -$17.39M | -$22.16M | $18.13M | $106.72M |
| Cash from Financing | $28.02M | $4.94M | $2.74M | $113.11M | $8.35M | $28.46M | $82.11M | $12.06M | -$42.14M |
| SummaryCapital Expenditure | -$21.0K | -$26.0K | -$33.0K | -$102.0K | -$93.0K | -$296.0K | $0 | -$835.0K | -$775.0K |
| Free Cash Flow | -$54.22M | -$23.76M | -$1.97M | $10.34M | -$18.81M | -$33.83M | -$69.67M | -$2.43M | $32.62M |
| FCF Margin | — | -185.1% | -14.8% | 36.1% | -185.1% | -123.2% | -295.0% | -2.3% | 24.0% |