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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 | Q1 FY212021-03-31 | Q4 FY202020-12-31 | Q3 FY202020-09-30 | Q2 FY202020-06-30 | Q1 FY202020-03-31 | Q4 FY192019-12-31 | Q3 FY192019-09-30 | Q2 FY192019-06-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $84.13M | $76.30M | $69.49M | $62.59M | $61.02M | $64.63M | $52.51M | $51.12M |
| Cost of revenue | $36.20M | $33.98M | $29.83M | $25.99M | $26.68M | $29.99M | $25.01M | $23.01M |
| Gross profit | $47.93M | $42.32M | $39.66M | $36.60M | $34.34M | $34.63M | $27.49M | $28.11M |
| Gross margin | 57.0% | 55.5% | 57.1% | 58.5% | 56.3% | 53.6% | 52.4% | 55.0% |
| Research and development | $14.52M | $15.75M | $12.96M | $12.62M | $11.68M | $9.72M | $10.55M | $11.65M |
| Selling, general and administrative | $13.08M | $9.10M | $10.55M | $13.04M | $9.15M | $9.77M | $9.81M | $9.03M |
| Operating expenses | $28.17M | $25.48M | $24.13M | $26.29M | $21.46M | $20.15M | $21.02M | $21.34M |
| Operating income | $19.76M | $16.85M | $15.53M | $10.32M | $12.88M | $14.48M | $6.47M | $6.78M |
| Operating margin | 23.5% | 22.1% | 22.3% | 16.5% | 21.1% | 22.4% | 12.3% | 13.3% |
| EBITDA | $21.91M | $16.85M | $17.98M | $12.35M | $12.88M | $14.48M | $10.32M | $9.55M |
| Interest income | $424.00K | −$1.34M | $846.00K | $387.00K | $1.03M | $826.00K | $887.00K | $855.00K |
| Income before taxes | $20.18M | $15.51M | $16.37M | $10.70M | $13.91M | $15.31M | $7.36M | $7.63M |
| Income taxes | $2.57M | $1.85M | $2.48M | $2.03M | $2.23M | $2.92M | −$1.20M | $1.16M |
| Net income | $17.62M | $13.66M | $13.90M | $8.67M | $11.68M | $12.39M | $8.56M | $6.47M |
| Net margin | 20.9% | 17.9% | 20.0% | 13.9% | 19.1% | 19.2% | 16.3% | 12.7% |
| EPS, basic | $0.62 | $0.49 | $0.49 | $0.31 | $0.42 | $0.44 | $0.31 | $0.23 |
| EPS, diluted | $0.60 | $0.47 | $0.48 | $0.30 | $0.41 | $0.43 | $0.30 | $0.23 |
| Diluted shares | 29.31M | 28.95M | 29.02M | 28.89M | 28.76M | 28.57M | 28.47M | 28.56M |
Figures describe Nova shares, not any token. As of Feb 17, 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.