| Market Cap | $12.13B | |
| Enterprise Value | — | |
| Revenue | $757.1M | +167.7% |
| Gross Profit | $517.8M | +241.6% |
| EBITDA | -$39.0M | +754.1% |
| Net Income | $86.9M | — |
| Diluted EPS | $0.39 | — |
| Free Cash Flow | -$1.46B | — |
| DPS (FY2025) | $0.00 |
| Trailing yield | 0.00% |
| Payout ratio | — |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-06-30 | $0.00 | — | reported |
| Ratio | 2023 | 2024 | 2025 | Trend · 3y | vs own | vs sector |
|---|---|---|---|---|---|---|
| ▾Margins | ||||||
| Gross Margin | 47.80% | 53.49% | 68.27% | 83% | 76% | |
| Operating Margin | −208.24% | −14.55% | 3.46% | 83% | 33% | |
| EBITDA Margin | −167.62% | 12.41% | 39.61% | 83% | 62% | |
| NOPAT Margin | −164.51% | −11.49% | 3.22% | 83% | 30% | |
| Net Margin | −227.56% | −15.45% | 17.35% | 83% | 49% | |
| FCF Margin | −146.12% | −47.88% | −65.38% | 50% | 13% | |
| FCFF Margin | — | — | −63.33% | — | 50% | 5% |
| FCFE Margin | −158.61% | −47.88% | −65.38% | 50% | 15% | |
| OCF Margin | 7.59% | 27.90% | 49.08% | 83% | 74% | |
| Gross Profitability | — | 8.69% | 11.63% | 75% | 69% | |
| Capex Intensity | 153.71% | 75.78% | 114.46% | 50% | 94% | |
| ▸Returns on Capital · 3 ratios | ||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||
| ▸Earnings quality · 6 ratios | ||||||
| ▸Liquidity & coverage · 5 ratios | ||||||
| ▸Leverage · 2 ratios | ||||||
| ▸Working capital · 5 ratios | ||||||
| ▸Capital allocation · 1 ratios | ||||||
| ▸Per share · 3 ratios | ||||||
The five drivers multiply to 6.9% vs reported ROE 6.0%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|
| Revenue | $75.5M | $187.2M | $501.0M |
| YoY % | +147.9% | +167.7% | |
| Cost of Revenue | $39.4M | $87.1M | $159.0M |
| YoY % | +120.9% | +82.6% | |
| Selling & Marketing Expense | $716,000 | $2.1M | $2.9M |
| YoY % | +186.5% | +40.6% | |
| SG&A Expense | $49.0M | $70.4M | $136.5M |
| YoY % | +43.7% | +93.8% | |
| Operating Income | -$157.2M | -$27.2M | $17.3M |
| Interest Expense | $16.2M | $98,000 | $11.0M |
| YoY % | -99.4% | +11170.4% | |
| Interest & Investment Income | $924,000 | $5.8M | $7.5M |
| YoY % | +531.1% | +28.7% | |
| Other Non-Operating Income | $20,000 | $108,000 | $817,000 |
| YoY % | +440.0% | +656.5% | |
| Impairment of Real Estate | $105.2M | $0 | $7.2M |
| YoY % | -100.0% | ||
| Pretax Income | -$169.4M | -$25.5M | $93.5M |
| Income Tax | $2.4M | $3.5M | $6.6M |
| YoY % | +44.5% | +90.0% | |
| Net Income | -$171.8M | -$28.9M | $86.9M |
| EPS (Basic) | -$3.14 | -$0.29 | $0.41 |
| EPS (Diluted) | -$3.14 | -$0.29 | $0.39 |
| Weighted Avg Shares (Basic) | 54.8M | 99.6M | 214.6M |
| YoY % | +81.9% | +115.4% | |
| Weighted Avg Shares (Diluted) | 54.8M | 99.6M | 223.2M |
| YoY % | +81.9% | +124.1% | |
| Dividends Declared per Share | $0 | $0 | $0 |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
