SRFM: financial statements from SEC

Income statement

Metric	31 Mar 2026	30 Sept 2025	30 Jun 2025	31 Mar 2025	30 Sept 2024	30 Jun 2024
Revenue	26M	29M	27M	24M	28M	32M
Cost of revenue	26M	28M	24M	25M	27M	28M
Selling, general and administrative	6M	11M	13M	11M	415,000	20M
Operating expenses	39M	46M	43M	42M	37M	58M
Operating income	−13M	−17M	−16M	−19M	−9M	−25M
Interest expense	—	—	—	—	—	2M
Pre-tax income	−20M	−27M	−28M	−19M	−12M	−27M
Income tax	−39,000	−62,000	−64,000	−53,000	−14,000	−35,000
Net income	−20M	−27M	−28M	−18M	−12M	−27M
Earnings per share	−0.26	−0.64	−1.34	−1.09	−0.94	−2.31
Earnings per share, diluted	−0.26	−0.64	−1.34	−1.09	−0.94	−2.31
Weighted average shares	77M	42M	21M	17M	13M	12M
Weighted average shares, diluted	77M	42M	21M	17M	13M	12M

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	4M	13M	7M	23M	7M	21M	1M	2M
Receivables	4M	4M	5M	5M	5M	4M	4M	4M
Current assets	21M	31M	22M	39M	20M	34M	14M	16M
Property, plant and equipment	47M	46M	44M	42M	40M	42M	44M	47M
Total assets	121M	132M	107M	129M	105M	124M	98M	106M
Current liabilities	133M	134M	88M	97M	92M	90M	133M	187M
Short-term debt	3M	3M	3M	3M	3M	3M	5M	5M
Long-term debt	14M	14M	61M	61M	60M	60M	18M	18M
Total liabilities	177M	187M	199M	244M	241M	244M	233M	234M
Equity	−63M	−55M	−93M	−115M	−136M	−120M	−136M	−128M
Shares outstanding	78M	73M	47M	37M	17M	17M	13M	87M
Shares issued	78M	73M	47M	37M	17M	17M	13M	87M

Metric	31 Mar 2026	30 Sept 2025	30 Jun 2025	31 Mar 2025	30 Sept 2024	30 Jun 2024
Operating cash flow	−12M	—	—	−16M	—	—
Depreciation and amortisation	3M	2M	2M	2M	2M	2M
Capital expenditure	3M	—	—	1M	—	—
Investing cash flow	−4M	—	—	782,000	—	—
Financing cash flow	7M	—	—	542,000	—	—