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 | $0.39 | $0.41 | +5.1% | — | $5.7M | — |
| Q1 26 | $0.42 | $0.41 | -2.4% | — | $12.5M | — |
| Q4 25 | $0.43 | $0.44 | +2.3% | — | $19.7M | — |
| Q3 25 | $0.45 | $0.43 | -4.4% | — | $21.6M | — |
| Q2 25 | $0.46 | $0.46 | 0.0% | — | $18.9M | — |
| Q1 25 | $0.56 | $0.53 | -5.4% | — | $16.5M | — |
| Q4 24 | $0.58 | $0.55 | -5.2% | — | $29M | — |
| Q3 24 | $0.59 | $0.58 | -1.7% | — | $33.8M | — |
| Q2 24 | $0.58 | $0.57 | -1.7% | — | $19.6M | — |
| Q1 24 | $0.51 | $0.56 | +9.8% | — | $27.4M | — |
| Q4 23 | $0.63 | $0.66 | +4.8% | — | $30.8M | — |
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 | — | $1.3 | — | — | $76.6M | — |
| FY24 | — | $2.15 | — | — | $111.4M | — |
| FY23 | — | $1.39 | — | — | $86M | — |
| FY22 | — | $0.32 | — | — | $23.4M | — |
| FY21 | — | $0.5 | — |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | $4.2M | $29.4M | $23.4M | $86M | $111.4M | $76.6M |
| YoY change | — | +596.5% | -20.5% | +267.8% | +29.5% | -31.2% |
Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 |
|---|
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Revenue | 4.2M | 29.4M | 23.4M | 86M | 111.4M | 76.6M |
| Cost of revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — |
| Selling, general & administrative | 2.5M | 2.7M | 4M | 6.2M | 6.5M | 8.2M |
| Operating expenses | 2.1M | 2.2M | 6.1M | 9.3M | -5.1M | 10.8M |
| Operating income | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — |
| Pretax income | 2.1M | 27.3M | 17.3M | 76.8M | 116.5M | 65.8M |
| Income tax | — | 0 | 24K | 830K | 154K | 149K |
| Net income | 2.1M | 27.3M | 17.3M | 75.9M | 116.3M | 65.6M |
| Net margin | 50.8% | 92.7% | 73.9% | 88.3% | 104.4% | 85.6% |
| EBITDA | — | — | — | — | — | — |
| EPS | 0.04 | 0.5 | 0.32 | 1.39 | 2.15 | 1.3 |
| Diluted EPS | 0.04 | 0.5 | 0.32 | 1.39 | 2.15 | 1.3 |
Revenue, gross profit, operating income, and net income per period.
Click a row to chart it; unreported figures show a dash.
| Period | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.3M | 30.8M | 27.4M | 19.6M | 33.8M | 29M | 16.5M | 18.9M | 21.6M | 19.7M | 12.5M | 5.7M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Research & development | — | — | — | — | — | — | — | — | — | — | — | — |
| Selling, general & administrative | 1.3M | 1.2M | 1.7M | 1.8M | 1.7M | 1.4M | 1.6M | 2.2M | 2.1M | 2.4M | 2M | 2M |
| Operating expenses | 2.2M | 1.2M | -2.8M | -273K | -2.9M | -717K | 1.5M | 3M | 2.9M | 3.5M | 3.6M | 2.8M |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — | — | — | — | — |
| Non-operating income, net | — | — | — | — | — | — | — | — | — | — | — | — |
| Pretax income | 20.1M | 29.6M | 30.2M | 19.9M | 36.6M | 29.8M | 15M | 15.9M | 18.7M | 16.2M | 8.9M | 2.9M |
| Income tax | -27K | — | 141K | -282K | -18K | 313K | -39K | -92K | 4K | 276K | 255K | -680K |
| Net income | 20.1M | 28.8M | 30M | 20.2M | 36.6M | 29.5M | 15M | 16M | 18.7M | 15.9M | 8.7M | 3.6M |
| Net margin | 90.3% | 93.4% | 109.7% | 102.8% | 108.5% | 101.4% | 91.1% | 84.8% | 86.5% | 81% | 69.4% | 63.4% |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — |
| EPS | 0.37 | — | 0.57 | 0.37 | 0.67 | — | 0.29 | 0.32 | 0.38 | 0.32 | 0.18 | 0.07 |
| Diluted EPS | 0.37 | — | 0.57 | 0.37 | 0.67 | — | 0.29 | 0.32 | 0.38 | 0.32 | 0.18 | 0.07 |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Market cap | — | — | — | — | 908.1M | 670.8M | 574.9M |
| Enterprise value | — | — | — | — | 2B | 1.7B | 0 |
| Shares outstanding | 54.8M | 54.8M | 54.8M | 54.8M | 54.1M | 50.3M | 50.3M |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| P/E | — | — | — | — | 7.81 | 10.2 | 12.6 |
| P/S | — | — | — | — | 8.15 | 8.76 | 7.5 |
| P/B | — | — | — | — | 0.94 | 0.77 | 0.68 |
| EV/Sales | — | — | — | — | 17.7 | 22.5 | 0 |
| Earnings yield | — | — | — | — | 12.8% | 9.78% | 7.95% |
| FCF yield | — | — | — | — | -32.7% | 28.9% | 11.4% |
| PEG | — | — | — | — | — | — | -0.16 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | — | 0% |
| Net margin | 50.8% | 92.7% | 73.9% | 88.3% | 104.4% | 85.6% | 0% |
| ROE | — | 7.29% | 3.29% | 10.2% | 12% | 7.5% | 7.5% |
| ROA | — | — | — | — | 5.43% | 3.19% | 3.19% |
| Return on tangible assets | — | — | — | — | 5.43% | 3.19% | 2.36% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Debt / equity | — | 1.09 | 1.33 | 1.26 | 1.14 | 1.27 | 0 |
| Debt / assets | — | — | — | — | 0.52 | 0.54 | 0.55 |
| Effective tax rate | — | 0% | 0.14% | 1.08% | 0.13% | 0.23% | 0% |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Revenue per share | 0.08 | 0.54 | 0.43 | 1.57 | 2.06 | 1.52 | 1.52 |
| EPS (basic) | 0.04 | 0.5 | 0.32 | 1.39 | 2.15 | 1.3 | 1.3 |
| EPS (diluted) | 0.04 | 0.5 | 0.32 | 1.39 | 2.15 | 1.3 | 0.93 |
| Book value per share | — | 6.82 | 9.58 | 13.6 | 17.9 | 17.4 | 17.2 |
| FCF per share | -2.78 | -7.1 | -7.81 | -6.74 | -5.49 | 3.86 | 2.29 |
| Cash per share | — | 0.64 | 0.72 | 1.23 | 0.8 | 1.24 | 0.1 |
| Metric | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | Current |
|---|---|---|---|---|---|---|---|
| Payout ratio | 152.9% | 54% | 200.5% | 83.2% | 81.9% | 155.8% | 178.7% |
| Dividend yield | — | — | — | — | 10.5% | 15.2% | 13% |
Split-adjusted payout per share by ex-dividend date.
| Ex-dividend | Amount |
|---|---|
| Jun 30, 2026 | $0.38 |
| Mar 31, 2026 | $0.40 |
| Dec 31, 2025 | $0.45 |
| Sep 30, 2025 | $0.45 |
| Jun 30, 2025 | $0.45 |
| Mar 31, 2025 | $0.45 |
| Feb 12, 2025 | $0.10 |
| Dec 31, 2024 | $0.45 |
| — |
| $29.4M |
| — |
| FY20 | — | $0.04 | — | — | $4.2M | — |
| Q4 24 |
|---|
| Q1 25 |
|---|
| Q2 25 |
|---|
| Q3 25 |
|---|
| Q4 25 |
|---|
| Q1 26 |
|---|
| Q2 26 |
|---|
| Revenue | $22.3M | $30.8M | $27.4M | $19.6M | $33.8M | $29M | $16.5M | $18.9M | $21.6M | $19.7M | $12.5M | $5.7M |
| YoY change | +224.8% | +244% | +92% | +15.6% | +51.2% | -5.69% | -39.7% | -3.9% | -36.1% | -32.3% | -24.1% | -70% |
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 | 35.2M | 39.3M | 67.4M | 43.3M | 62.5M |
| Receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Total current assets | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — |
| Total assets | — | — | — | 2.1B | 2.1B |
| Accounts payable | 36.4M | 25.8M | 35.3M | 61.1M | 41.5M |
| Short-term debt | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — |
| Long-term debt | 406.4M | 699.8M | 943.9M | 1.1B | 1.1B |
| Total liabilities | — | — | — | 1.2B | 1.2B |
| Shareholders' equity | 374.1M | 525M | 747.9M | 970.3M | 875.2M |
| Total debt | 406.4M | 699.8M | 943.9M | 1.1B | 1.1B |
| Net debt | 371.2M | 660.5M | 876.5M | 1.1B | 1.1B |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & short-term investments | 36M | 67.4M | 64.1M | 71M | 69.3M | 43.3M | 49.2M | 44M | 46.3M | 62.5M | 50.4M | 45.8M |
| Receivables | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current assets | — | — | — | — | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | — | — | — | — | — | — | — | — | — | — |
| Goodwill & intangibles | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | — | — | 1.9B | 2.1B | 2.1B | 2.1B | 2.2B | 2.1B | 2B | 2.1B | 2B | 2B |
| Accounts payable | 35.8M | 35.3M | 56.6M | 72.1M | 51M | 61.1M | 48.9M | 45.1M | 36.3M | 41.5M | 33.2M | 35.6M |
| Short-term debt | — | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-term debt | 860.2M | 943.9M | 817.2M | 1B | 1.1B | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Total liabilities | — | — | 877.3M | 1.1B | 1.1B | 1.2B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B |
| Shareholders' equity | 639M | 747.9M | 998.2M | 986.4M | 990.6M | 970.3M | 920M | 887.7M | 881.5M | 875.2M | 864.1M | 849M |
| Total debt | 860.2M | 943.9M | 817.2M | 1B | 1.1B | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Net debt | 824.2M | 876.5M | 753.1M | 949.7M | 1B | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B | 1.1B | 1B |
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 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|
| Net income | 2.1M | 27.3M | 17.3M | 75.9M | 116.3M | 65.6M |
| Depreciation & amortization | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — |
| Change in working capital | 612K | -7.1M | -1.2M | -7.8M | 2.7M | 4.5M |
| Operating cash flow | 2.7M | 19.9M | 14.9M | 64.3M | 111.2M | 194.2M |
| Capital expenditure | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — |
| Dividends paid | -3.3M | -14.7M | -34.7M | -63.2M | -95.2M | -102.3M |
| Share repurchases | — | — | 0 | 0 | -33.5M | -65.7M |
| Financing cash flow | 165.5M | 412.4M | 435.3M | 402.1M | 275.9M | -169.4M |
| Net change in cash | 168.2M | 432.2M | 450.2M | 466.5M | 387.2M | 24.8M |
| Free cash flow | -152.1M | -389.1M | -427.8M | -369.5M | -297.2M | 194.2M |
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 | Q3 23 | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | Q4 25 | Q1 26 | Q2 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | 20.1M | 28.8M | 30M | 20.2M | 36.6M | 29.5M | 15M | 16M | 18.7M | 15.9M | 8.7M | 3.6M |
| Depreciation & amortization | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | — |
| Change in working capital | -6.8M | -57K | 5.1M | -4.3M | -2.8M | 4.8M | -18.6M | 18.9M | 1.6M | 2.6M | -362K | 198K |
| Operating cash flow | 12.4M | 27.3M | 33.4M | 14.2M | 31.1M | 32.5M | -5.6M | 137.1M | 37.3M | 28.6M | -13.7M | 61M |
| Capital expenditure | — | — | — | — | — | — | — | — | — | — | — | — |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | -14.8M | -16.7M | -19.3M | -21.5M | -26.5M | -27.9M | -29.5M | -28.3M | -22.3M | -22.2M | -22.2M | -19.8M |
| Share repurchases | 0 | — | — | -5.1M | -5.9M | -22.4M | -37.1M | -26M | -2.7M | 0 | 0 | 0 |
| Financing cash flow | 104.8M | 168.5M | 95.9M | 176.6M | 40.7M | -37.3M | 20.3M | -142.3M | -34.9M | -12.4M | 3.1M | -65.7M |
| Net change in cash | 117.3M | 195.8M | 129.4M | 190.8M | 71.9M | -4.8M | 14.7M | -5.2M | 2.3M | 16.1M | -10.7M | -4.6M |
| Free cash flow | -114.3M | -134.7M | -97.6M | -169.4M | -42.3M | 12M | -8.8M | 137.1M | 37.3M | 28.6M | -13.7M | 61M |