Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 467.7M | 286.7M | 264.7M | 246.0M | 173.3M |
| Operating Revenue | 467.7M | 286.7M | 264.7M | 246.0M | 173.3M |
| Cost Of Revenue | 229.9M | 187.6M | 215.4M | 182.2M | 125.1M |
| Gross Profit | 237.8M | 99.1M | 49.4M | 63.8M | 48.2M |
| Selling General And Administration | 19.0M | 14.7M | 16.0M | 17.9M | 13.6M |
| General And Administrative Expense | 19.0M | 14.7M | 16.0M | 17.9M | 13.6M |
| Depreciation And Amortization In Income Statement | 350,000 | 335,000 | 319,000 | 354,000 | 372,000 |
| Other Operating Expenses | 8.2M | 7.2M | 8.1M | 7.7M | 7.9M |
| Operating Expense | 27.5M | 22.2M | 24.4M | 25.9M | 21.9M |
| Operating Income | 210.3M | 76.9M | 24.9M | 37.9M | 26.3M |
| EBIT | 262.9M | 70.6M | 43.0M | 33.3M | 21.5M |
| Interest Expense | 1.2M | 4.3M | 5.0M | 4.2M | 1.4M |
| Interest Expense Non Operating | 1.2M | 4.3M | 5.0M | 4.2M | 1.4M |
| Interest Income | 4.5M | 2.9M | 3.6M | 3.7M | 325,000 |
| Interest Income Non Operating | 4.5M | 2.9M | 3.6M | 3.7M | 325,000 |
| Net Interest Income | -433,000 | -1.4M | -1.4M | -550,000 | -4.1M |
| Other Income Expense | 51.8M | -9.1M | 14.5M | -8.3M | -2.1M |
| Special Income Charges | 23.3M | -3.6M | 0.00 | -5.6M | 0.00 |
| Restructuring And Mergern Acquisition | 403,000 | 3.6M | 0.00 | 5.6M | 0.00 |
| Write Off | -- | -- | -- | -- | 0.00 |
| Gain On Sale Of Security | 28.5M | -5.6M | 14.5M | -2.7M | -2.1M |
| Pretax Income | 261.6M | 66.3M | 38.0M | 29.1M | 20.2M |
| Tax Provision | 156.4M | 23.4M | -18.6M | 22.8M | 33.6M |
| Tax Effect Of Unusual Items | 7.8M | -3.2M | 2.2M | -1.2M | -319,200 |
| Net Income From Continuing And Discontinued Operation | 83.1M | 27.0M | 56.6M | 6.2M | -13.5M |
| Net Income From Continuing Operation Net Minority Interest | 83.1M | 27.0M | 56.6M | 6.2M | -13.5M |
| Net Income Including Noncontrolling Interests | 105.2M | 43.0M | 56.6M | 6.2M | -13.5M |
| Minority Interests | -22.1M | -16.0M | -- | -- | -- |
| Net Income Common Stockholders | 83.1M | 27.0M | 56.6M | 6.2M | -13.5M |
| Net Income | 83.1M | 27.0M | 56.6M | 6.2M | -13.5M |
| EBITDA | 335.7M | 125.8M | 117.1M | 96.0M | 56.6M |
| Normalized EBITDA | 283.8M | 135.0M | 102.6M | 104.3M | 58.7M |
| Reconciled Depreciation | 72.8M | 55.2M | 74.1M | 62.8M | 35.0M |
| Basic EPS | -- | -- | 0.11 | 0.01 | -- |
| Diluted EPS | -- | -- | 0.11 | 0.01 | -- |
| Basic Average Shares | -- | -- | 485.1M | 453.1M | -- |
| Diluted Average Shares | -- | -- | 488.6M | 456.4M | -- |
| Total Unusual Items | 51.8M | -9.1M | 14.5M | -8.3M | -2.1M |
| Total Unusual Items Excluding Goodwill | 51.8M | -9.1M | 14.5M | -8.3M | -2.1M |
| Tax Rate For Calcs | 0.15 | 0.35 | 0.15 | 0.15 | 0.15 |
| Normalized Income | 39.1M | 32.9M | 44.3M | 13.3M | -11.7M |
| Depreciation Amortization Depletion Income Statement | 350,000 | 335,000 | 319,000 | 354,000 | 372,000 |
| Depreciation Income Statement | 350,000 | 335,000 | 319,000 | 354,000 | 372,000 |
| Diluted NI Availto Com Stockholders | 83.1M | 27.0M | 56.6M | 6.2M | -13.5M |
| Gain On Sale Of Ppe | -- | -- | -- | -- | 0.00 |
| Impairment Of Capital Assets | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | 105.2M | 43.0M | 56.6M | 6.2M | -13.5M |
| Net Non Operating Interest Income Expense | -433,000 | -1.4M | -1.4M | -550,000 | -4.1M |
| Other Gand A | 7.3M | 6.1M | 6.7M | 6.3M | 6.6M |
| Reconciled Cost Of Revenue | 157.5M | 132.8M | 141.6M | 119.8M | 90.4M |
| Salaries And Wages | 11.6M | 8.6M | 9.3M | 11.6M | 7.0M |
| Total Expenses | 257.5M | 209.9M | 239.8M | 208.1M | 147.0M |
| Total Operating Income As Reported | 243.2M | 78.8M | 39.5M | 35.5M | 25.7M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 793.4M | 435.4M | 384.8M | 351.3M | 202.2M |
| Cash Cash Equivalents And Short Term Investments | 973.8M | 575.2M | 466.6M | 417.4M | 252.0M |
| Other Short Term Investments | 180.4M | 139.9M | 81.8M | 66.1M | 49.8M |
| Accounts Receivable | 86.4M | 39.3M | 36.2M | 34.7M | 12.3M |
| Receivables | 122.2M | 83.2M | 77.8M | 72.6M | 46.2M |
| Inventory | 84.8M | 96.2M | 83.0M | 83.4M | 62.5M |
| Other Current Assets | 12.0M | 15.7M | 12.8M | 16.1M | 8.2M |
| Current Assets | 1.2B | 770.3M | 640.2M | 589.5M | 368.8M |
| Gross PPE | 3.9B | 4.7B | 4.6B | 4.6B | 2.0B |
| Accumulated Depreciation | -673.4M | -1.4B | -1.4B | -1.3B | -611.1M |
| Net PPE | 3.3B | 3.2B | 3.2B | 3.3B | 1.4B |
| Other Non Current Assets | 144.3M | 133.4M | 125.3M | 111.3M | 106.1M |
| Total Non Current Assets | 3.5B | 3.5B | 3.5B | 3.4B | 1.6B |
| Total Assets | 4.7B | 4.2B | 4.1B | 4.0B | 2.0B |
| Current Debt | 151,000 | 196,000 | 395,000 | 180,000 | 426,000 |
| Current Debt And Capital Lease Obligation | 11.3M | 14.4M | 12.7M | 14.9M | 17.0M |
| Accounts Payable | 115.3M | 110.5M | 117.9M | 103.4M | 58.6M |
| Payables | 365.4M | 133.8M | 127.9M | 111.2M | 84.1M |
| Payables And Accrued Expenses | 446.7M | 192.7M | 182.5M | 167.7M | 126.0M |
| Current Accrued Expenses | 81.3M | 58.9M | 54.6M | 56.5M | 41.9M |
| Current Deferred Revenue | 592,000 | 7.6M | 142,000 | 1.4M | 580,000 |
| Other Current Liabilities | -1,000 | 13.2M | -- | -- | -- |
| Current Liabilities | 459.1M | 227.9M | 196.0M | 184.6M | 144.3M |
| Long Term Debt | 291.7M | 216.2M | 213.7M | 211.1M | 208.7M |
| Long Term Debt And Capital Lease Obligation | 297.5M | 222.8M | 221.8M | 219.9M | 220.0M |
| Long Term Capital Lease Obligation | 5.7M | 6.6M | 8.1M | 8.7M | 11.3M |
| Other Non Current Liabilities | 7.3M | 7.1M | 6.7M | 5.7M | 5.6M |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 1.0B | 995.6M | 1.0B | 484.4M |
| Total Liabilities Net Minority Interest | 1.5B | 1.2B | 1.2B | 1.2B | 628.7M |
| Common Stock | 3.1B | 3.1B | 3.0B | 3.0B | 2.0B |
| Capital Stock | 3.1B | 3.1B | 3.0B | 3.0B | 2.0B |
| Retained Earnings | -562.0M | -642.6M | -667.2M | -717.6M | -717.1M |
| Gains Losses Not Affecting Retained Earnings | 243.8M | 176.7M | 126.4M | 123.8M | 90.0M |
| Common Stock Equity | 2.8B | 2.6B | 2.5B | 2.4B | 1.4B |
| Stockholders Equity | 2.8B | 2.6B | 2.5B | 2.4B | 1.4B |
| Total Equity Gross Minority Interest | 3.2B | 3.0B | 2.9B | 2.8B | 1.4B |
| Minority Interest | 412.0M | 407.9M | 405.4M | 411.1M | 0.00 |
| Total Capitalization | 3.1B | 2.8B | 2.7B | 2.6B | 1.6B |
| Net Tangible Assets | 2.8B | 2.6B | 2.5B | 2.4B | 1.4B |
| Tangible Book Value | 2.8B | 2.6B | 2.5B | 2.4B | 1.4B |
| Working Capital | 733.6M | 542.4M | 444.1M | 404.8M | 224.5M |
| Invested Capital | 3.1B | 2.8B | 2.7B | 2.6B | 1.6B |
| Total Debt | 308.7M | 237.2M | 234.5M | 234.8M | 237.0M |
| Net Debt | -- | -- | -- | -- | 6.9M |
| Share Issued | 491.3M | 490.0M | 487.3M | 484.6M | 301.9M |
| Ordinary Shares Number | 491.3M | 490.0M | 487.3M | 484.6M | 301.9M |
| Capital Lease Obligations | 16.5M | 20.4M | 20.1M | 23.0M | 27.5M |
| Construction In Progress | 85.1M | 70.7M | 63.6M | 53.8M | 43.3M |
| Current Capital Lease Obligation | 10.8M | 13.9M | 12.0M | 14.3M | 16.2M |
| Current Deferred Liabilities | 592,000 | 7.6M | 142,000 | 1.4M | 580,000 |
| Current Provisions | 590,000 | -- | 641,000 | 709,000 | 709,000 |
| Finished Goods | 62.2M | 21.1M | 60.5M | 62.5M | 43.2M |
| Income Tax Payable | 239.4M | 17.3M | 6.5M | 6.1M | 22.8M |
| Land And Improvements | 366.9M | 366.1M | 365.3M | 363.3M | 257.8M |
| Leases | 5.0M | 5.7M | 6.0M | 6.5M | 7.0M |
| Long Term Provisions | 187.1M | 177.1M | 175.0M | 172.3M | 159.1M |
| Machinery Furniture Equipment | 740.7M | 736.3M | 730.3M | 724.3M | 648.4M |
| Non Current Accounts Receivable | 11.1M | 15.9M | 15.6M | 15.7M | 10.8M |
| Non Current Deferred Assets | 80.4M | 62.0M | 57.2M | 44.9M | 46.4M |
| Non Current Deferred Liabilities | 571.0M | 571.4M | 571.0M | 597.8M | 80.1M |
| Non Current Deferred Taxes Assets | 80.4M | 62.0M | 57.2M | 44.9M | 46.4M |
| Non Current Deferred Taxes Liabilities | 571.0M | 571.4M | 571.0M | 597.8M | 80.1M |
| Non Current Note Receivables | 5.0M | -- | -- | -- | 5.0M |
| Non Current Prepaid Assets | 6.5M | 6.6M | 5.8M | 5.8M | 5.7M |
| Other Current Borrowings | 151,000 | 196,000 | 395,000 | 180,000 | 426,000 |
| Other Payable | -- | 641,000 | -- | -- | -- |
| Other Properties | 50.6M | 53.7M | 52.1M | 54.6M | 57.0M |
| Raw Materials | 18.8M | 69.8M | 18.5M | 16.3M | 15.2M |
| Taxes Receivable | 35.8M | 43.9M | 41.7M | 38.0M | 33.9M |
| Total Tax Payable | 250.1M | 22.7M | 9.9M | 7.8M | 25.5M |
| Tradeand Other Payables Non Current | 0.00 | 21.7M | 21.1M | 19.6M | 19.7M |
| Work In Process | 3.7M | 5.3M | 4.1M | 4.5M | 4.2M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 267.9M | 112.5M | 90.1M | 55.5M | 81.7M |
| Cash Flow From Continuing Operating Activities | 267.9M | 112.5M | 90.1M | 55.5M | 81.7M |
| Depreciation Amortization Depletion | 72.8M | 55.2M | 74.1M | 62.8M | 35.0M |
| Stock Based Compensation | 2.6M | 2.6M | 3.0M | 4.5M | 2.4M |
| Deferred Tax | 156.4M | 23.4M | -18.6M | 22.8M | 33.6M |
| Deferred Income Tax | 156.4M | 23.4M | -18.6M | 22.8M | 33.6M |
| Change In Working Capital | -25.2M | -16.8M | 5.8M | -26.5M | 19.4M |
| Changes In Account Receivables | -47.1M | -3.1M | -6.5M | 1.6M | 1.5M |
| Change In Receivables | -39.3M | -5.6M | -10.1M | -440,000 | 9.0M |
| Change In Inventory | 10.2M | -9.8M | -837,000 | 158,000 | 5.6M |
| Change In Payables And Accrued Expense | 11.0M | 9.7M | 27.5M | -19.6M | 5.7M |
| Change In Payable | 11.0M | 9.7M | 27.5M | -19.6M | 5.7M |
| Change In Other Working Capital | -10.9M | -8.1M | -14.1M | -5.2M | -2.2M |
| Other Non Cash Items | 2.6M | 8.9M | 2.6M | 10.5M | 5.8M |
| Capital Expenditure | -47.4M | -57.3M | -49.5M | -61.4M | -24.6M |
| Purchase Of PPE | -16.5M | -17.1M | -18.0M | -15.5M | -2.1M |
| Net PPE Purchase And Sale | -16.5M | -17.1M | -18.0M | -15.5M | -2.1M |
| Sale Of Business | 0.00 | 0.00 | 0.00 | 159.6M | -- |
| Investing Cash Flow | -18.4M | -58.0M | -47.8M | 96.0M | -24.4M |
| Cash Flow From Continuing Investing Activities | -18.4M | -58.0M | -47.8M | 96.0M | -24.4M |
| Repayment Of Debt | -219.0M | -5.3M | -3.9M | -4.6M | -4.7M |
| Net Issuance Payments Of Debt | 121.5M | -5.3M | -3.9M | -4.6M | -4.7M |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Repurchase Of Capital Stock | -4.4M | 0.00 | -2.8M | -1.4M | -- |
| Net Common Stock Issuance | -4.4M | 0.00 | -2.8M | -1.4M | -271,000 |
| Common Stock Dividend Paid | -2.6M | -2.3M | -2.2M | -2.8M | -1.4M |
| Common Stock Payments | -4.4M | 0.00 | -2.8M | -1.4M | -- |
| Financing Cash Flow | 106.5M | -4.5M | -11.1M | -2.3M | -8.1M |
| Cash Flow From Continuing Financing Activities | 106.5M | -4.5M | -11.1M | -2.3M | -8.1M |
| Effect Of Exchange Rate Changes | 2.0M | 580,000 | 2.2M | -47,000 | -1.8M |
| Changes In Cash | 356.0M | 50.0M | 31.2M | 149.2M | 49.2M |
| Beginning Cash Position | 435.4M | 384.8M | 351.3M | 202.2M | 154.7M |
| End Cash Position | 793.4M | 435.4M | 384.8M | 351.3M | 202.2M |
| Free Cash Flow | 220.5M | 55.2M | 40.6M | -5.9M | 57.0M |
| Asset Impairment Charge | -- | -- | -- | -- | 0.00 |
| Capital Expenditure Reported | -31.0M | -40.2M | -31.6M | -45.8M | -22.5M |
| Cash Dividends Paid | -2.6M | -2.3M | -2.2M | -2.8M | -1.4M |
| Change In Account Payable | 11.8M | 14.2M | 16.1M | -3.1M | 6.5M |
| Change In Income Tax Payable | -736,000 | -4.6M | 11.4M | -16.5M | -826,000 |
| Change In Prepaid Assets | 3.8M | -2.9M | 3.3M | -1.4M | 1.3M |
| Change In Tax Payable | -736,000 | -4.6M | 11.4M | -16.5M | -826,000 |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Gain Loss On Sale Of PPE | -- | -- | -- | -- | 0.00 |
| Interest Paid Cff | -1.8M | -2.1M | -2.2M | -1.9M | -1.7M |
| Long Term Debt Payments | -219.0M | -5.3M | -3.9M | -4.6M | -4.7M |
| Net Business Purchase And Sale | 0.00 | 0.00 | 0.00 | 159.6M | -- |
| Net Income From Continuing Operations | 105.2M | 43.0M | 56.6M | 6.2M | -13.5M |
| Net Long Term Debt Issuance | 121.5M | -5.3M | -3.9M | -4.6M | -4.7M |
| Net Other Financing Charges | -18.0M | -13.5M | -9.7M | -- | -- |
| Net Other Investing Changes | 29.1M | -615,000 | 1.7M | -2.2M | 252,000 |
| Proceeds From Stock Option Exercised | 11.9M | 18.7M | 9.8M | 8.3M | 80,000 |
| Taxes Refund Paid | -7.9M | -12.0M | -30.6M | -28.0M | -188,000 |
| Unrealized Gain Loss On Investment Securities | -18.3M | 8.3M | -2.7M | 3.2M | -950,000 |