CTO: financial statements from SEC

Income statement

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Revenue	41M	38M	38M	36M	32M	29M
Cost of revenue	10M	9M	10M	9M	8M	8M
Selling, general and administrative	5M	5M	4M	5M	4M	3M
Operating income	10M	10M	−13M	8M	5M	5M
Pre-tax income	6M	3M	−23M	2M	6M	1M
Income tax	60,000	58,000	194,000	51,000	132,000	73,000
Net income	6M	3M	−23M	2M	6M	1M
Earnings per share	0.13	0.03	−0.77	0.01	0.17	−0.03
Earnings per share, diluted	0.13	0.03	−0.77	0.01	0.17	−0.03
Weighted average shares	33M	33M	33M	32M	25M	23M
Weighted average shares, diluted	33M	33M	33M	32M	26M	23M

Metric	31/03/2026	31/12/2025	30/09/2025	30/06/2025	31/03/2025	31/12/2024	30/09/2024	30/06/2024
Cash and equivalents	8M	6M	9M	9M	8M	9M	8M	5M
Total assets	1.30B	1.26B	1.22B	1.23B	1.24B	1.18B	1.18B	1.01B
Long-term debt	650M	616M	604M	605M	602M	519M	527M	483M
Total liabilities	724M	697M	665M	659M	650M	569M	580M	518M
Equity	575M	567M	557M	574M	594M	613M	596M	492M
Shares outstanding	33M	32M	33M	33M	32M	32M	30M	23M
Shares issued	33M	32M	33M	33M	32M	32M	30M	23M

Metric	31/03/2026	30/09/2025	30/06/2025	31/03/2025	30/09/2024	30/06/2024
Operating cash flow	15M	—	—	10M	—	—
Depreciation and amortisation	16M	15M	15M	14M	13M	12M
Share-based compensation	1M	—	—	1M	—	—
Investing cash flow	−69M	—	—	−81M	—	—
Dividends paid	13M	—	—	12M	—	—
Financing cash flow	32M	—	—	68M	—	—