$0.79

+0.02 (+2.88%)

Weekly Expected Move ±10.9%

$1 $1 $1 $1 $1

NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · Tech Score Sell · Power 27 · $38.2M mcap · 14M float · 0.473% daily turnover · Short 15% of daily vol

Credit Risk of going bust: not rated, debt is over 20 times the stock's value Debt: 98.1% of company value Bonds: none of note held by US funds details ▾

Not rated: debt is over 20 times the stock market value, where the model breaks down (deep distress or a data error). Altman Z'' -2.07.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$695M +8.7% ▲

5Y CAGR: +69.8%

Gross Profit

$256M -38.4% ▼

Operating Income

$71M +84.9% ▲

Net Income

-$59M +39.2% ▲

EPS (Diluted)

$-1.24 +38.0% ▲

EBITDA

$283M +17.6% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$107M	$12M	$446M	$639M	$695M
YoY Growth	+117.2%	-89.2%	+3758.1%	+43.5%	+8.7%
Cost of Revenue	$82M	$79M	$173M	$224M	$439M
Gross Profit	$25M	-$67M	$273M	$415M	$256M
Gross Margin	23.0%	-582.0%	61.3%	65.0%	36.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$88M	$80M	$115M	$171M	$183M
Operating Expenses	$216M	$210M	$302M	$377M	$185M
Operating Income	-$192M	-$277M	-$29M	$38M	$71M
Operating Margin	-179.3%	-2400.6%	-6.5%	6.0%	10.2%
Interest Expense	$91M	$92M	$130M	$134M	$128M
Income Before Tax	-$302M	-$361M	-$146M	-$98M	-$57M
Tax Expense	-$457K	$382K	-$81K	$7M	$8M
Net Income	-$253M	-$326M	-$134M	-$97M	-$59M
Net Margin	-236.3%	-2826.9%	-30.0%	-15.1%	-8.5%
EPS (Diluted)	$-10.92	$-7.36	$-2.76	$-2.00	$-1.24
EBITDA	-$84M	-$142M	$153M	$240M	$283M
Shares Outstanding	23M	49M	48M	48M	48M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$175M	$153M	$162M	$190M	$183M	$160M	$177M	$165M
Cost of Revenue	$61M	$54M	$51M	$119M	$58M	$51M	$51M	$102M
Gross Profit	$113M	$98M	$110M	$71M	$124M	$109M	$125M	$63M
Gross Margin	65.0%	64.4%	68.3%	37.6%	68.1%	68.2%	70.9%	38.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$46M	$43M	$41M	$48M	$46M	$49M	$45M	$48M
Operating Expenses	$97M	$95M	$95M	$48M	$100M	$102M	$97M	$48M
Operating Income	$16M	$3M	$15M	$23M	$24M	$7M	$28M	$15M
Operating Margin	9.1%	2.0%	9.4%	12.3%	13.1%	4.5%	15.9%	9.1%
Interest Expense	$33M	$33M	$32M	$33M	$31M	$31M	$30M	$30M
Income Before Tax	-$20M	-$30M	-$16M	-$1M	-$17M	-$23M	$6M	-$15M
Tax Expense	$3M	$199K	$2M	$3M	$3M	-$591K	$3M	$2M
Net Income	-$21M	-$28M	-$16M	-$4M	-$19M	-$20M	$3M	-$16M
Net Margin	-12.0%	-18.2%	-9.9%	-2.0%	-10.2%	-12.8%	1.6%	-9.5%
EPS (Diluted)	$-0.44	$-0.56	$-0.33	$-0.08	$-0.39	$-0.44	$0.06	$-0.32
EBITDA	$64M	$55M	$66M	$85M	$64M	$60M	$88M	$67M
Shares Outstanding	48M	48M	48M	48M	48M	48M	48M	48M

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