| Schedule of Reportable Segment Financial Information |
The following table presents selected financial information with respect to the Company’s single reportable segment as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
March 31, |
|
|
Nine Months Ended
March 31, |
|
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
Revenues |
|
$ |
186,224 |
|
|
$ |
378,709 |
|
|
$ |
515,575 |
|
|
$ |
958,387 |
|
Cost of Revenues |
|
|
118,059 |
|
|
|
247,513 |
|
|
|
317,210 |
|
|
|
627,483 |
|
Gross Profit |
|
|
68,165 |
|
|
|
131,196 |
|
|
|
198,365 |
|
|
|
330,904 |
|
Operating Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
|
|
32,108 |
|
|
|
78,518 |
|
|
|
87,911 |
|
|
|
200,246 |
|
Depreciation and amortization |
|
|
13,657 |
|
|
|
13,342 |
|
|
|
46,508 |
|
|
|
40,069 |
|
Total operating expenses |
|
|
45,765 |
|
|
|
91,860 |
|
|
|
134,419 |
|
|
|
240,315 |
|
Income from Operations |
|
|
22,400 |
|
|
|
39,336 |
|
|
|
63,946 |
|
|
|
90,589 |
|
Total Other Expense, net |
|
|
(12,065 |
) |
|
|
(10,457 |
) |
|
|
(37,786 |
) |
|
|
(43,711 |
) |
Income Tax Expense |
|
|
(1,896 |
) |
|
|
(4,404 |
) |
|
|
(3,953 |
) |
|
|
(6,938 |
) |
Net Income |
|
$ |
8,439 |
|
|
$ |
24,475 |
|
|
$ |
22,207 |
|
|
$ |
39,940 |
|
|
The following table presents selected financial information with respect to the Company’s single operating segment as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Predecessor |
|
|
|
Successor |
|
|
|
Period from
July 1, 2023
to October 31,
2023 |
|
|
|
Period from
Inception to
June 30,
2024 |
|
|
Year Ended
June 30,
2025 |
|
Revenues |
|
$ |
64,478 |
|
|
|
$ |
181,310 |
|
|
$ |
753,188 |
|
Cost of Revenues |
|
|
40,664 |
|
|
|
|
113,570 |
|
|
|
475,122 |
|
Gross Profit |
|
|
23,814 |
|
|
|
|
67,740 |
|
|
|
278,066 |
|
Operating Expenses |
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
|
|
11,321 |
|
|
|
|
52,077 |
|
|
|
146,270 |
|
Depreciation and amortization |
|
|
93 |
|
|
|
|
20,418 |
|
|
|
59,559 |
|
Total Operating Expenses |
|
|
11,414 |
|
|
|
|
72,495 |
|
|
|
205,829 |
|
Income (Loss) from Operations |
|
|
12,400 |
|
|
|
|
(4,755 |
) |
|
|
72,237 |
|
Total Other Expense, net |
|
|
(749 |
) |
|
|
|
(20,404 |
) |
|
|
(49,451 |
) |
Income Tax (Expense) Benefit |
|
|
(3,190 |
) |
|
|
|
5,957 |
|
|
|
(5,340 |
) |
Net Income (Loss) |
|
$ |
8,461 |
|
|
|
$ |
(19,202 |
) |
|
$ |
17,446 |
|
|