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 26 | — | $0.03 | — | — | $18M | — |
| Q1 26 | -$0.01 | $0.03 | +400.0% | — | $18.2M | — |
| Q4 25 | -$0.02 | -$0.19 | -850.0% | — | $16.5M | — |
| Q3 25 | -$0.02 | -$0.06 | -200.0% | — | $16.8M | — |
| Q2 25 | -$0.02 | $0.01 | +150.0% | — | $17.5M | — |
| Q1 25 | -$0.01 | $0.01 | +200.0% | — | $16.2M | — |
| Q4 24 | $0.01 | -$0.41 | -4200.0% | — | $15.2M | — |
| Q3 24 | -$0.17 | -$0.07 | +58.8% | — | $14.5M | — |
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 | — | -$0.22 | — | — | $66.9M | — |
| FY24 | — | -$0.66 | — | — | $59.3M | — |
| FY23 | — | -$0.07 | — | — | $48.3M | — |
| FY22 | — | -$0.3 | — | — | $39.9M | — |
| FY21 | — | -$0.19 | — | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $33.9M | $39.9M | $48.3M | $59.3M | $66.9M |
| YoY change | — | +17.6% | +21.1% | +22.9% | +12.7% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 33.9M | 39.9M | 48.3M | 59.3M | 66.9M |
| Cost of revenue | 6.8M | 9.1M | 11.6M | 12.5M | 9.7M |
| Gross profit | 27.1M | 30.8M | 36.7M | 46.9M | 57.1M |
| Gross margin | 79.8% | 77.3% | 76% | 79% | 85.4% |
| Research & development | — | — | — | — | — |
| Selling, general & administrative | 1.2M | 1.2M | 8.1M | 4.8M | 12.9M |
| Operating expenses | 1.2M | 1.2M | 8.1M | 4.8M | 12.9M |
| Operating income | 6.6M | 7.8M | 3.9M | 13.1M | 11.1M |
| Operating margin | 19.3% | 19.6% | 8.08% | 22.1% | 16.6% |
| Non-operating income, net | — | -201.4K | 318K | -3.9M | 1.7M |
| Pretax income | -2.8M | -4.8M | -14.2M | -14M | -5.2M |
| Income tax | 207.8K | 430.2K | 316K | 575K | 350K |
| Net income | -2.9M | -5.4M | -1.5M | -14.5M | -5.6M |
| Net margin | -8.52% | -13.5% | -3.16% | -24.5% | -8.32% |
| EBITDA | 25.9M | 30.2M | 30.1M | 43.7M | 47.8M |
| EPS | -0.19 | -0.3 | -0.07 | -0.66 | -0.22 |
| Diluted EPS | -0.19 | -0.3 | -0.07 | -0.66 | -0.22 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q2 23 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.5M | 11.6M | 24M | 14.6M | 14.5M | 15.2M | 16.2M | 17.5M | 16.8M | 16.5M | 18.2M | 18M |
| Cost of revenue | 2.8M | 2.7M | -1.6M | 3.2M | 3.5M | 2.2M | 2.4M | 2.7M | 2.2M | 2.4M | 2.3M | 2.3M |
| Gross profit | 8.7M | 8.9M | 25.6M | 11.4M | 11M | 13M | 13.9M | 14.8M | 14.5M | 14.1M | 15.9M | 15.7M |
| Gross margin | 75.9% | 76.4% | 106.8% | 77.8% | 75.7% | 85.7% | 85.4% | 84.5% | 86.8% | 85.2% | 87.2% | 87.4% |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 2.2M | 2.9M | 6.4M | 640K | 697K | 2.8M | 2.8M | 3.3M | 3.1M | 3.7M | 3.7M | 3.8M |
| Operating expenses | 2.2M | 2.9M | 6.4M | 640K | 697K | 2.8M | 2.8M | 3.3M | 3.1M | 3.7M | 3.7M | 3.8M |
| Operating income | 820K | -229K | 7.6M | 3.8M | 3.2M | 2.8M | 3.2M | 2M | 4.1M | 1.9M | 4.5M | 3.7M |
| Operating margin | 7.13% | -1.97% | 31.7% | 25.7% | 21.9% | 18.1% | 19.8% | 11.5% | 24.4% | 11.4% | 24.9% | 20.5% |
| Non-operating income, net | -332K | — | -16.2M | -51K | — | -3.9M | 39K | -1.7M | 6.1M | -2.8M | 151K | 2.1M |
| Pretax income | -3.4M | -4.8M | -14.2M | -2.9M | -3.3M | -4.6M | -1.2M | -4.3M | 5.6M | -5.2M | 470K | 1.6M |
| Income tax | 147K | 48K | 184.1K | 119K | 63K | 231K | 102K | 194K | 52K | 2K | 70K | 94K |
| Net income | -3.6M | -4.9M | -14.4M | -3M | -3.3M | -4.8M | -1.3M | -4.5M | 5.5M | -5.2M | 400K | 1.5M |
| Net margin | -31% | -42.1% | -60.3% | -20.6% | -23% | -31.8% | -8.23% | -25.9% | 33.1% | -31.8% | 2.2% | 8.43% |
| EBITDA | 6.5M | 6.2M | 2.6M | 11.2M | 10.9M | 10.3M | 11.7M | 12.5M | 12.1M | 11.4M | 12.8M | 12.4M |
| EPS | -0.17 | -0.24 | — | -0.15 | -0.16 | -0.19 | -0.06 | -0.16 | 0.19 | -0.19 | 0 | 0.03 |
| Diluted EPS | -0.17 | -0.24 | — | -0.15 | -0.16 | -0.19 | -0.06 | -0.16 | 0.19 | -0.19 | 0 | 0.03 |
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 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | — | 513.8M |
| Enterprise value | — | — | — | — | — | 843.3M |
| Shares outstanding | 15M | 15M | 15M | 17.3M | 19.8M | 19.8M |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| P/E | — | — | — | — | — | 588 |
| P/S | — | — | — | — | — | 7.75 |
| P/B | — | — | — | — | — | 0.95 |
| EV/EBITDA | — | — | — | — | — | 17 |
| EV/Sales | — | — | — | — | — | 12.3 |
| Earnings yield | — | — | — | — | — | 0.17% |
| FCF yield | — | — | — | — | — | 13.7% |
| PEG | — | — | — | — | — | -4.95 |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Gross margin | 79.8% | 77.3% | 76% | 79% | 85.4% | 87.4% |
| Operating margin | 19.3% | 19.6% | 8.08% | 22.1% | 16.6% | 21.2% |
| Net margin | -8.52% | -13.5% | -3.16% | -24.5% | -8.32% | 2.12% |
| ROE | -1.31% | -2.48% | -0.77% | -2.78% | -1.13% | 0.43% |
| ROA | -0.52% | -0.86% | -0.2% | -1.77% | -0.65% | 1.07% |
| ROIC | 1.38% | 1.65% | 0.61% | 1.64% | 1.37% | 1.49% |
| Return on tangible assets | -0.87% | -1.33% | -0.29% | -2.46% | -0.85% | 0.32% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Current ratio | 4.73 | 4.18 | 1.68 | 1.23 | 1.2 | 1.04 |
| Quick ratio | 4.73 | 4.18 | 1.68 | 1.23 | 1.2 | 0.98 |
| Debt / equity | 1.31 | 1.38 | 2.3 | 0.54 | 0.67 | 0.62 |
| Debt / assets | 0.51 | 0.48 | 0.59 | 0.34 | 0.38 | 0.38 |
| Net debt / EBITDA | 9.9 | 8.54 | 14.7 | 6.32 | 6.59 | 6.91 |
| Interest coverage | 0.7 | 0.61 | 0.23 | 0.4 | 0.71 | 1.14 |
| Effective tax rate | 0% | 0% | 0% | 0% | 0% | 8.94% |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Revenue per share | 2.26 | 2.66 | 3.22 | 3.43 | 3.39 | 3.14 |
| EPS (basic) | -0.19 | -0.3 | -0.07 | -0.66 | -0.22 | -0.22 |
| EPS (diluted) | -0.19 | -0.3 | -0.07 | -0.66 | -0.22 | 0.03 |
| Book value per share | 14.7 | 14.5 | 13.2 | 30.2 | 25 | 18.5 |
| FCF per share | 1.12 | 1.54 | 1.14 | 1.04 | 2.13 | 1.87 |
| Cash per share | 2.13 | 2.74 | 0.77 | 0.29 | 0.68 | 0.35 |
| Capex per share | 0 | 0 | — | — | — | — |
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|
| Capex / revenue | 0.06% | 0% | — | — | — | — |
| Capex / operating cash flow | 0.13% | 0% | — | — | — | — |
| Payout ratio | -464.8% | -291.4% | -1.1K% | -10.5% | -298.4% | 2.9K% |
| Dividend yield | — | — | — | — | — | 5.06% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 30, 2026 | $0.215 |
| Mar 31, 2026 | $0.215 |
| Dec 31, 2025 | $0.215 |
| Sep 30, 2025 | $0.215 |
| Jun 30, 2025 | $0.215 |
| Mar 31, 2025 | $0.215 |
| Dec 31, 2024 | $0.215 |
| $33.9M |
| — |
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $11.5M | $11.6M | $24M | $14.6M | $14.5M | $15.2M | $16.2M | $17.5M | $16.8M | $16.5M | $18.2M | $18M |
| YoY change | — | +20% | +136% | +26.9% | +25% | -36.7% | — | +19.6% | +15.3% | +8.76% | +12% | +3.08% |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash & short-term investments | 31.9M | 41.1M | 11.6M | 5.1M | 13.5M |
| Receivables | 2.4M | 1.3M | 1.7M | 2M | 2.9M |
| Inventory | — | — | — | — | — |
| Total current assets | 42.1M | 50.9M | 29.3M | 21.9M | 38.9M |
| Property, plant & equipment | — | — | — | — | — |
| Goodwill & intangibles | 226.9M | 221.9M | 238.9M | 229.7M | 199M |
| Total assets | 559.8M | 626.8M | 772M | 821.8M | 854.4M |
| Accounts payable | 8.6M | 11.9M | 17.5M | 17.9M | 32.5M |
| Short-term debt | — | — | — | — | — |
| Total current liabilities | 8.9M | 12.2M | 17.5M | 17.9M | 32.5M |
| Long-term debt | 288M | 298.9M | 453.9M | 281.3M | 328.7M |
| Total liabilities | 339.8M | 409.5M | 574.9M | 299.1M | 361.2M |
| Shareholders' equity | 220M | 217.3M | 197.1M | 522.7M | 493.2M |
| Total debt | 288M | 298.9M | 453.9M | 281.3M | 328.7M |
| Net debt | 256.2M | 257.8M | 442.3M | 276.2M | 315.2M |
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 | Q4 22 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 41.1M | 15.2M | 11.6M | 71.5M | 9.9M | 3.3M | 8.4M | 19.6M | 13.5M | 9.3M | 6M |
| Receivables | 1.3M | 1.8M | 1.7M | — | 1.4M | 2.5M | 3.5M | 3.3M | 2.9M | 2.3M | 1.6M |
| Inventory | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | 50.9M | 24.2M | 29.3M | 71.5M | 20M | 28.9M | 49.8M | 50.2M | 38.9M | 36.7M | 28.2M |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | 221.9M | 214.8M | 238.9M | 108.9M | 206.2M | 231.2M | 213.5M | 203.4M | 199M | 194.7M | 199.3M |
| Total assets | 626.8M | 657.6M | 772M | 798.4M | 733.1M | 860.8M | 856.5M | 846.8M | 854.4M | 869.8M | 900.4M |
| Accounts payable | 11.9M | 17.8M | 17.5M | 14M | 15.9M | 19M | 21.1M | 21.5M | 32.5M | 28.5M | 28.8M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | 12.2M | 20.4M | 17.5M | 14M | 15.9M | 19M | 21.1M | 21.5M | 32.5M | 28.5M | 28.8M |
| Long-term debt | 298.9M | 339M | 453.9M | 264.9M | 432.5M | 326.3M | 331.4M | 321.1M | 328.7M | 327.1M | 343M |
| Total liabilities | 409.5M | 462.9M | 574.9M | 278.8M | 552.1M | 345.2M | 352.6M | 342.6M | 361.2M | 355.6M | 371.7M |
| Shareholders' equity | 217.3M | 194.7M | 197.1M | 519.6M | 181M | 515.6M | 504M | 504.2M | 493.2M | 514.2M | 528.6M |
| Total debt | 298.9M | 339M | 453.9M | 264.9M | 432.5M | 326.3M | 331.4M | 321.1M | 328.7M | 327.1M | 343M |
| Net debt | 257.8M | 323.8M | 442.3M | 193.4M | 422.6M | 323M | 323M | 301.5M | 315.2M | 317.8M | 337M |
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 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Net income | -2.9M | -5.4M | -1.5M | -14.5M | -5.6M |
| Depreciation & amortization | 16.6M | 22.4M | 26.2M | 30.3M | 36.5M |
| Stock-based compensation | — | — | 0 | 608K | 2M |
| Change in working capital | 446.2K | 2.2M | 3M | -3.6M | 8.6M |
| Operating cash flow | 14.9M | 20.3M | 16.4M | 16.4M | 42.1M |
| Capital expenditure | -19.5K | 0 | — | — | — |
| Investing cash flow | -19.5K | 0 | -23.4M | 0 | 5.9M |
| Dividends paid | -13.4M | -15.7M | -16.7M | -1.5M | -16.6M |
| Share repurchases | -1.5M | -3.1M | -7.1M | 0 | — |
| Financing cash flow | 138.7M | 68.3M | 52.6M | 64.6M | 22.6M |
| Net change in cash | 153.6M | 88.6M | 45.6M | 81M | 70.6M |
| Free cash flow | 16.7M | 23.1M | 17.1M | 17.9M | 42.1M |
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 | Q4 22 | Q3 23 | Q4 23 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -2M | -4.9M | 8.4M | -3M | -20M | -4.8M | -1.3M | -4.5M | 5.5M | -5.2M | 400K | 1.5M |
| Depreciation & amortization | 5.8M | 6.5M | 8M | 7.5M | 7.7M | 7.5M | 8.4M | 10.4M | 8M | 9.5M | 8.3M | 8.7M |
| Stock-based compensation | — | — | — | — | 0 | 608K | 615K | 200K | 750K | 398K | 1.1M | 655K |
| Change in working capital | 1.2M | -529K | 753.7K | 83K | 5.1M | -6M | -1.2M | -264K | -574K | 465K | -283K | 1.4M |
| Operating cash flow | 5.3M | 1.3M | 5M | 5.1M | 10.1M | -1.2M | 7.1M | 9.3M | 8.3M | 16.5M | 7.1M | 11.4M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | 0 | -608K | 0 | 559K | -7.1M | 1.3M | 11.2M | -40K | 4K |
| Dividends paid | -4.1M | -4.2M | -4.4M | -1.5M | -4K | -16K | -3.8M | -3.8M | -4.4M | -4.6M | -4.8M | -5.1M |
| Share repurchases | -1.7M | -750K | 0 | — | 0 | 0 | — | — | — | — | — | — |
| Financing cash flow | 37.5M | 27.2M | 21.9M | -4.6M | -13.7M | 95M | 37.4M | 306K | -16M | 858K | 14.4M | 26.7M |
| Net change in cash | 42.8M | 28.5M | 26.9M | 539K | -4.2M | 93.8M | 45M | 2.4M | -6.5M | 28.5M | 21.5M | 38.1M |
| Free cash flow | 5.9M | 1.9M | 1.6M | 5.1M | 10.1M | 2.7M | 8.1M | 9.3M | 8.3M | 16.5M | 7.1M | 11.4M |