Total Assets

Up 37% (from $1,008,913K in Q1 2024 to $1,381,549K in Q1 2025)

The increase in Total Assets reflects the continued impact of the acquisition activity recorded in FY2024 (which boosted goodwill and intangibles) along with additional organic growth in Q1 2025. " "

Total Shareholders’ Equity

Up 62% (from $526,400K in Q1 2024 to $851,995K in Q1 2025)

The dramatic rise in equity builds on the capital-raising initiatives from FY2024 (e.g., increase in additional paid-in capital and issuance of equity consideration) that persisted into Q1 2025 despite later operating losses. " "

Cash and Cash Equivalents

Up 81% (from $50,780K in Q1 2024 to $91,652K in Q1 2025)

Improved liquidity in Q1 2025 is driven by strong financing and operational cash flows established in FY2024, which contributed to a significantly higher cash balance compared to the previous year. " "

Short-term Investments

Down 98% (from $21,730K in Q1 2024 to $531K in Q1 2025)

The drastic decline is due to the withdrawal or maturity of treasury bills and notes that dominated Q1 2024, with the portfolio shifting to a minimal balance of short-term deposits in Q1 2025, reflecting a strategic reallocation. " "

Goodwill

Up 44% (from $619,632K in Q1 2024 to $890,493K in Q1 2025)

The significant increase in goodwill continues the trend from FY2024, attributable to acquisition activity that created substantial intangible value and has been carried forward into Q1 2025. " "

Long-term Debt

Up 4% (from $378,155K in Q1 2024 to $392,270K in Q1 2025)

The modest rise in long-term debt indicates stable funding operations with a slight increase, possibly due to new credit facilities or refinancing actions, maintaining consistency with the previous period’s balance. " "