Research Feed
Profitability Masks Unit Economics Collapse
LSAK reported Q2 FY2026 profitability: $0.04 EPS vs -$0.40 YoY. Six-month loss narrowed to -$0.01 from -$0.52. Operating income up to $2.15M vs $0.55M. Management touts "operational turnaround." Existing worldview evidence supports this: massive insider buying ($9M CEO purchase Dec 31), 4 consecutiv