Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.
Outlined bar is the consensus estimate; solid is reported.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| Q2 23 | -$0.34 | -$0.43 | -26.5% | — | — | — |
| Q1 23 | -$0.34 | -$0.43 | -26.5% | — | — | — |
| Q4 22 | — | -$0.39 | — | — | — | — |
| Q3 22 | -$0.36 | -$0.1 | +72.2% | — | — | — |
| Q2 22 | -$0.13 | -$0.25 | -92.3% | — | — | — |
| Q1 22 | -$0.14 | -$0.21 | -50.0% | — | — | — |
| Q4 21 | -$0.26 | -$0.22 | +15.4% | — | — | — |
Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.
Periods without a consensus estimate or a reported figure show a dash.
| Period | EPS estimate | EPS actual | EPS surprise % | Revenue estimate | Revenue actual | Revenue surprise % |
|---|---|---|---|---|---|---|
| FY25 | — | $0.03 | — | — | $210.4M | — |
| FY24 | — | $0.09 | — | — | $200.7M | — |
| FY23 | — | -$0.05 | — | — | $161.6M | — |
| FY22 | — | -$1.03 | — | — | $115.7M | — |
| FY21 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | $61.6M | $70.5M | $80.3M | $115.7M | $161.6M | $200.7M | $210.4M |
| YoY change | — | +14.5% | +13.8% | +44.2% | +39.7% | +24.2% | +4.83% |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Revenue | 61.6M | 70.5M | 80.3M | 115.7M | 161.6M | 200.7M | 210.4M |
| Cost of revenue | 2.2M | 4.3M | 4M | 4.8M | 6.3M | 7.7M | 8.3M |
| Gross profit | 59.3M | 66.2M | 76.2M | 110.9M | 155.4M | 193M | 202.1M |
| Gross margin | 96.4% | 94% | 95% | 95.8% | 96.1% | 96.1% | 96% |
| Research & development | — | — | — | — | — | — | — |
| Selling, general & administrative | 66.3M | 69.4M | 91.8M | 153.6M | 152.3M | 167.3M | 173.2M |
| Operating expenses | 66.6M | 70.7M | 92.6M | 154.7M | 153.7M | 168.4M | 174.4M |
| Operating income | -15.9M | -14.2M | -25.5M | -55.9M | -14.8M | 4.3M | 5.7M |
| Operating margin | -25.8% | -20.2% | -31.8% | -48.3% | -9.13% | 2.16% | 2.73% |
| Non-operating income, net | -182.5M | -81.7M | -41.6M | 12.3M | 4M | 543K | -2.5M |
| Pretax income | -16.1M | -14.8M | -67M | -43.4M | -8.9M | 5.4M | 3.3M |
| Income tax | -53K | 1.5M | 966K | 3M | -6.5M | 1.5M | 2M |
| Net income | -16.1M | -16.3M | -68M | -46.4M | -2.4M | 3.9M | 1.3M |
| Net margin | -26.1% | -23.1% | -84.7% | -40.1% | -1.49% | 1.95% | 0.62% |
| EBITDA | -14.7M | -13.1M | -24.8M | -67.6M | -18.7M | 4.2M | 8.9M |
| EPS | -0.36 | -0.36 | -10.2 | -1.03 | -0.05 | 0.09 | 0.03 |
| Diluted EPS | -0.36 | -0.36 | -10.2 | -1.03 | -0.05 | 0.08 | 0.03 |
What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.
Click a row to chart it; unreported figures show a dash.
| Period | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 5.3M | 12.4M | 15.7M | 98.8M | 60.6M | 51.7M | 53.8M | 59.6M |
| Receivables | 26.7M | 29.2M | 835K | 3.3M | 4.2M | 8M | 1.1M | 855K |
| Inventory | — | — | — | — | — | — | — | — |
| Total current assets | 33.1M | 42.1M | 17.3M | 104.7M | 68.3M | 65.3M | 62.9M | 67.5M |
| Property, plant & equipment | 44K | 92K | 116K | 133K | 971K | 331K | 2.4M | 2.4M |
| Goodwill & intangibles | 6M | 4M | 2.3M | 938K | 20K | 20K | 0 | — |
| Total assets | 36.1M | 44.2M | 18.5M | 105.3M | 69.3M | 73.8M | 74.5M | 80.9M |
| Accounts payable | 11.7M | 18.5M | 13M | 19.7M | 23.8M | 31.8M | 24.6M | 22.4M |
| Short-term debt | 26.1M | 30.2M | 17.8M | 3M | 4.2M | 5.1M | 3.7M | 2.3M |
| Total current liabilities | 41.9M | 54.1M | 37M | 31.6M | 42.8M | 52.1M | 45M | 49.3M |
| Long-term debt | 13.5M | 21.4M | 21.4M | — | 710K | 0 | 1.6M | 1.6M |
| Total liabilities | 55.4M | 75.6M | 58.5M | 37.1M | 44.8M | 52.5M | 50.3M | 52.2M |
| Shareholders' equity | -19.4M | -31.3M | -39.9M | 68.2M | 24.5M | 21.3M | 24.2M | 28.7M |
| Total debt | 39.6M | 51.7M | 39.2M | 3M | 5M | 5.1M | 5.4M | 3.9M |
| Net debt | 37M | 43.7M | 28.3M | -91.9M | -48.9M | -36.2M | -34.9M | -46.1M |
Annual history by fiscal year; click a table row below to chart a different metric.
Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 133.1M | 293.4M | 365.3M | 365.3M |
| Enterprise value | — | — | — | — | — | 86.5M | 244.9M | 309.6M | 309.6M |
| Shares outstanding | — | 43M | 40.7M | 6.7M | 45.1M | 45.3M | 45.5M | 45.5M | 45.5M |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | — | 75 | 282.1 | 282.1 |
| P/S | — | — | — | — | — | 0.82 | 1.46 | 1.74 | 1.74 |
| P/B | — | — | — | — | — | 6.25 | 12.1 | 12.7 | 12.7 |
| EV/EBITDA | — | — | — | — | — | -4.64 | 58.7 | 35 | 35 |
| EV/Sales | — | — | — | — | — | 0.54 | 1.22 | 1.47 | 1.47 |
| Earnings yield | — | — | — | — | — | — | 1.33% | 0.35% | 0.35% |
| FCF yield | — | — | — | — | — | -8.88% | 1.26% | 4.5% | 4.5% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Gross margin | — | 96.4% | 94% | 95% | 95.8% | 96.1% | 96.1% | 96% | 96% |
| Operating margin | — | -25.8% | -20.2% | -31.8% | -48.3% | -9.13% | 2.16% | 2.73% | 2.73% |
| Net margin | — | -26.1% | -23.1% | -84.7% | -40.1% | -1.49% | 1.95% | 0.62% | 0.62% |
| ROE | — | 51.4% | 40.8% | -99.8% | -189% | -11.3% | 16.1% | 4.51% | 4.51% |
| ROA | — | -36.4% | -87.8% | -64.6% | -66.9% | -3.27% | 5.25% | 1.6% | 1.6% |
| ROIC | — | -199.7% | 87.1% | 92.2% | 179.8% | 58.4% | -13% | -8.3% | -8.3% |
| Return on tangible assets | — | -40% | -99.9% | -65.2% | -66.9% | -3.27% | 5.25% | 1.6% | 1.6% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Current ratio | — | 0.78 | 0.47 | 3.31 | 1.6 | 1.25 | 1.4 | 1.37 | 1.37 |
| Quick ratio | — | 0.78 | 0.47 | 3.31 | 1.6 | 1.25 | 1.4 | 1.37 | 1.37 |
| Debt / equity | — | -1.65 | -0.98 | 0.04 | 0.2 | 0.24 | 0.22 | 0.14 | 0.14 |
| Debt / assets | — | 1.17 | 2.11 | 0.03 | 0.07 | 0.07 | 0.07 | 0.05 | 0.05 |
| Net debt / EBITDA | — | -2.68 | -1.79 | 3.87 | 0.82 | 2.5 | -11.6 | -6.29 | -6.29 |
| Interest coverage | — | -59 | -20.5 | -11.2K | -4.42 | — | — | — | — |
| Effective tax rate | — | 0% | 0% | 0% | 0% | 0% | 27.2% | 60.9% | 60.9% |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Revenue per share | — | 1.43 | 1.73 | 12 | 2.57 | 3.57 | 4.41 | 4.62 | 4.62 |
| EPS (basic) | — | -0.36 | -0.36 | -10.2 | -1.03 | -0.05 | 0.09 | 0.03 | 0.03 |
| EPS (diluted) | — | -0.36 | -0.36 | -10.2 | -1.03 | -0.05 | 0.08 | 0.03 | 0.03 |
| Book value per share | — | -0.73 | -0.98 | 10.2 | 0.54 | 0.47 | 0.53 | 0.63 | 0.63 |
| FCF per share | — | -0.03 | 0.08 | -0.86 | -0.94 | -0.26 | 0.08 | 0.36 | 0.36 |
| Cash per share | — | 0.29 | 0.39 | 14.8 | 1.34 | 1.14 | 1.18 | 1.31 | 1.31 |
| Capex per share | — | 0 | 0 | 0.01 | 0 | — | — | — | — |
| Metric | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|---|---|
| Capex / revenue | — | 0.12% | 0.08% | 0.1% | 0.14% | — | — | — | — |
| Capex / operating cash flow | — | -6.65% | 1.45% | -0.18% | -0.47% | — | — | — | — |
| Payout ratio | — | — | — | — | 0% | 0% | 0% | 0% | 0% |
| Dividend yield | — | — | — | — | — | 0% | 0% | 0% | 0% |
| -$10.2 |
| — |
| — |
| $80.3M |
| — |
| FY20 | — | -$0.36 | — | — | $70.5M | — |
| FY19 | — | -$0.36 | — | — | $61.6M | — |
Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.
Click a row to chart it; unreported figures show a dash.
| Period | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|
| Net income | -16.1M | -14.8M | -67M | -43.4M | -8.9M | 5.4M | 3.3M |
| Depreciation & amortization | 1.2M | 931K | 721K | 556K | 114K | 146K | 121K |
| Stock-based compensation | — | — | — | — | — | — | — |
| Change in working capital | 13.6M | 17.1M | 21.1M | 10.5M | 2M | -541K | 6.6M |
| Operating cash flow | -1.1M | 3.8M | -45.1M | -35M | -11.6M | 3.9M | 16.5M |
| Capital expenditure | -75K | -55K | -80K | -164K | — | — | — |
| Investing cash flow | -275K | -72K | -83K | -164K | 0 | — | — |
| Dividends paid | — | — | — | 0 | 0 | 0 | 0 |
| Share repurchases | — | — | — | — | 0 | 0 | -2.4M |
| Financing cash flow | 6.8M | -175K | 90.3M | 0 | 1.3M | -3.7M | -5.9M |
| Net change in cash | 5.4M | 3.5M | 45M | -35.1M | -10.3M | 266K | 10.6M |
| Free cash flow | -1.3M | 3.4M | -5.7M | -42.5M | -11.8M | 3.7M | 16.4M |