Keel Infrastructure (KEEL)
Develops power-secured sites for HPC and AI data-center capacity leases.
$4.06
vs last close−0.09 (−2.17%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 46 | 50 | 42 | 45 | 56 | 67 | 78 | 69 | 15 | 37 | 30 |
| Cost of revenue | 43 | 44 | 61 | 53 | 57 | 55 | 67 | 83 | 72 | 25 | 63 | 117 |
| Gross profit | −9 | 2 | −11 | −11 | −12 | 1 | −1 | −5 | −3 | −10 | −26 | −87 |
| 10 | 14 | 13 | 12 | 32 | 18 | 32 | 34 | 26 | 39 | 27 | 54 | |
| 8 | 13 | 13 | 9 | 28 | 18 | 20 | 17 | 17 | 24 | 27 | 31 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | −2 | 1 | 0 |
| General & administrative | 8 | 13 | 13 | 9 | 27 | 18 | 20 | 16 | 17 | 26 | 26 | 31 |
| Other expenses | 1 | 1 | 0 | 3 | 5 | 0 | 12 | 17 | 9 | 15 | 0 | 23 |
| Operating income | −19 | −13 | −24 | −24 | −44 | −16 | −32 | −40 | −29 | −49 | −53 | −141 |
| 3 | −45 | 11 | −1 | 7 | 22 | 2 | 2 | −20 | −43 | −74 | 77 | |
| Interest income | 0 | 0 | 1 | 2 | 2 | 1 | 1 | 0 | 1 | 4 | 4 | 3 |
| Interest expense | 1 | 8 | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 4 | 5 | 2 |
| Other non-operating income | −3 | 37 | −12 | 1 | −8 | 0 | −3 | −4 | 18 | −11 | 0 | −79 |
| Income before tax | −16 | −58 | −12 | −25 | −37 | 5 | −30 | −37 | −49 | −92 | −128 | −64 |
| Income tax expense | 0 | 0 | −6 | 2 | 0 | −10 | 6 | −9 | −2 | 5 | 0 | 0 |
| Net income from continuing operations | −17 | −57 | −6 | −27 | −37 | 15 | −36 | −29 | −46 | −98 | −128 | −64 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −35 | −42 | −18 | −1 |
| Net income | −17 | −57 | −6 | −27 | −37 | 15 | −36 | −29 | −81 | −139 | −145 | −65 |
| EPS, basic | −$0.07 | −$0.18 | −$0.02 | −$0.07 | −$0.08 | $0.03 | −$0.07 | −$0.05 | −$0.14 | −$0.26 | −$0.24 | −$0.11 |
| EPS, diluted | −$0.07 | −$0.18 | −$0.02 | −$0.07 | −$0.08 | $0.03 | −$0.07 | −$0.05 | −$0.14 | −$0.26 | −$0.24 | −$0.11 |
| Weighted average shares, basic | 274 | 334 | 339 | 401 | 449 | 479 | 500 | 556 | 557 | 552 | 603 | 605 |
| Weighted average shares, diluted | 274 | 334 | 339 | 401 | 449 | 479 | 500 | 556 | 557 | 552 | 603 | 605 |
| EBITDA | 6 | −27 | 27 | 24 | −7 | 7 | 0 | 2 | −13 | −15 | −25 | −62 |
| Depreciation & amortization | 22 | 22 | 39 | 49 | 29 | 24 | 30 | 37 | 33 | 22 | 28 | 0 |
| EBIT | −15 | −49 | −12 | −25 | −36 | −17 | −30 | −35 | −47 | −38 | −53 | −62 |
