HLIT: 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	122M	142M	138M	133M	196M	139M
Cost of revenue	58M	65M	64M	55M	91M	65M
Gross profit	64M	77M	74M	79M	105M	73M
Research and development	21M	30M	29M	31M	30M	29M
Selling, general and administrative	22M	37M	38M	37M	36M	40M
Operating expenses	43M	67M	70M	68M	69M	89M
Operating income	20M	10M	4M	10M	35M	−16M
Pre-tax income	19M	9M	3M	8M	29M	−16M
Income tax	10M	6M	105,000	3M	7M	−4M
Net income	7M	3M	3M	6M	22M	−13M
Earnings per share	0.07	0.02	0.03	0.05	0.19	−0.11
Earnings per share, diluted	0.07	0.02	0.03	0.05	0.19	−0.11
Weighted average shares	110M	113M	113M	116M	116M	115M
Weighted average shares, diluted	111M	113M	113M	117M	117M	115M

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	109M	124M	127M	124M	149M	101M	58M	46M
Receivables	83M	86M	105M	121M	99M	144M	174M	120M
Inventory	51M	48M	69M	71M	62M	43M	74M	84M
Current assets	485M	494M	327M	343M	341M	565M	336M	285M
Property, plant and equipment	25M	26M	28M	28M	27M	25M	28M	30M
Goodwill	61M	61M	242M	242M	238M	61M	240M	238M
Total assets	705M	718M	759M	783M	774M	797M	760M	714M
Current liabilities	214M	198M	157M	172M	165M	192M	162M	152M
Short-term debt	3M	3M	3M	3M	—	2M	—	—
Long-term debt	108M	109M	110M	111M	111M	112M	113M	114M
Total liabilities	350M	335M	316M	337M	328M	331M	331M	321M
Equity	355M	383M	443M	446M	446M	465M	429M	393M
Shares outstanding	108M	111M	112M	113M	115M	117M	117M	116M
Shares issued	108M	111M	112M	113M	115M	117M	117M	116M

Metric	31/03/2026	31/03/2025
Operating cash flow	32M	84M
Depreciation and amortisation	3M	3M
Share-based compensation	10M	8M
Capital expenditure	1M	2M
Investing cash flow	−1M	−2M
Share buybacks	43M	36M
Financing cash flow	−45M	−36M