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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $136.00M | −$254.00M | $104.00M | $373.00M | $30.00M | $333.00M | $383.00M | $441.00M |
| Cost of revenue | $101.00M | $105.00M | $110.00M | $116.00M | $125.00M | $113.00M | $116.00M | $118.00M |
| Gross profit | $35.00M | −$359.00M | −$6.00M | $257.00M | −$95.00M | $220.00M | $267.00M | $323.00M |
| Gross margin | 25.7% | — | -5.8% | 68.9% | -316.7% | 66.1% | 69.7% | 73.2% |
| Selling, general and administrative | $4.00M | $3.00M | $3.00M | $3.00M | $3.00M | $4.00M | $4.00M | $2.00M |
| Operating expenses | $80.00M | $82.00M | $89.00M | $94.00M | $103.00M | $100.00M | $97.00M | $108.00M |
| Operating income | −$45.00M | −$441.00M | −$95.00M | $163.00M | −$198.00M | $120.00M | $170.00M | $215.00M |
| Operating margin | -33.1% | — | -91.3% | 43.7% | -660.0% | 36.0% | 44.4% | 48.8% |
| EBITDA | −$43.00M | −$441.00M | −$91.00M | $163.00M | −$195.00M | $120.00M | $170.00M | $215.00M |
| Income before taxes | −$34.00M | −$441.00M | −$95.00M | $90.00M | −$198.00M | $120.00M | $170.00M | $171.00M |
| Income taxes | $0 | $0 | $19.00M | $4.00M | $11.00M | $0 | $23.00M | — |
| Net income | −$34.00M | −$441.00M | −$114.00M | $86.00M | −$209.00M | $120.00M | $147.00M | $171.00M |
| Net margin | -25.0% | — | -109.6% | 23.1% | -696.7% | 36.0% | 38.4% | 38.8% |
| EPS, basic | −$0.13 | −$1.57 | −$0.41 | $0.76 | −$0.75 | $0.43 | $0.52 | $0.57 |
| EPS, diluted | −$0.13 | −$1.57 | −$0.41 | $0.76 | −$0.75 | $0.43 | $0.52 | $0.57 |
| Diluted shares | 280.24M | 280.07M | 280.07M | 280.07M | 280.07M | 280.07M | 280.07M | 280.07M |
Figures describe FSK shares, not any token. As of Aug 6, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.