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 | 258.0M | 157.0M | 197.0M | 226.0M | 237.0M |
| Operating Revenue | 241.0M | 144.0M | 185.0M | 224.0M | 228.0M |
| Selling General And Administration | 16.0M | 16.0M | 21.0M | 18.0M | 17.0M |
| General And Administrative Expense | 16.0M | 16.0M | 21.0M | 18.0M | 17.0M |
| Research And Development | 20.0M | 16.0M | 15.0M | 11.0M | 16.0M |
| Depreciation And Amortization In Income Statement | 86.0M | 82.0M | 79.0M | 80.0M | 78.0M |
| Other Operating Expenses | 58.0M | 44.0M | 48.0M | 52.0M | 53.0M |
| Operating Expense | 180.0M | 158.0M | 163.0M | 161.0M | 164.0M |
| Operating Income | 78.0M | -1.0M | 34.0M | 65.0M | 73.0M |
| EBIT | 66.0M | 3.0M | 31.0M | 91.0M | 40.0M |
| Interest Expense | 38.0M | 42.0M | 39.0M | 35.0M | 34.0M |
| Interest Expense Non Operating | 38.0M | 42.0M | 39.0M | 35.0M | 34.0M |
| Net Interest Income | -46.0M | -42.0M | -39.0M | -35.0M | -36.0M |
| Other Income Expense | -4.0M | 4.0M | -3.0M | 26.0M | -31.0M |
| Other Non Operating Income Expenses | 0.00 | -2.0M | -- | -1.0M | -4.0M |
| Special Income Charges | -10.0M | 0.00 | -1.0M | -1.0M | -30.0M |
| Restructuring And Mergern Acquisition | -- | -- | -- | 1.0M | 0.00 |
| Write Off | -7.0M | 0.00 | 1.0M | -- | 30.0M |
| Earnings From Equity Interest | 6.0M | 6.0M | -2.0M | 28.0M | 3.0M |
| Pretax Income | 28.0M | -39.0M | -8.0M | 56.0M | 6.0M |
| Tax Provision | 2.0M | -9.0M | -4.0M | 15.0M | 8.0M |
| Tax Effect Of Unusual Items | -714,286 | 0.00 | -150,000 | -267,857 | -4.5M |
| Net Income From Continuing And Discontinued Operation | 14.0M | -27.0M | -10.0M | 30.0M | -16.0M |
| Net Income From Continuing Operation Net Minority Interest | 14.0M | -27.0M | -10.0M | 30.0M | -16.0M |
| Net Income Including Noncontrolling Interests | 26.0M | -30.0M | -4.0M | 41.0M | -2.0M |
| Minority Interests | -12.0M | 3.0M | -6.0M | -11.0M | -14.0M |
| Net Income Common Stockholders | 14.0M | -27.0M | -10.0M | 30.0M | -16.0M |
| Net Income | 14.0M | -27.0M | -10.0M | 30.0M | -16.0M |
| EBITDA | 152.0M | 85.0M | 110.0M | 171.0M | 118.0M |
| Normalized EBITDA | 162.0M | 85.0M | 111.0M | 172.0M | 148.0M |
| Reconciled Depreciation | 86.0M | 82.0M | 79.0M | 80.0M | 78.0M |
| Basic EPS | -- | -0.26 | -0.10 | 0.29 | -- |
| Diluted EPS | -- | -0.26 | -0.10 | 0.29 | -- |
| Basic Average Shares | -- | 102.8M | 102.8M | 102.8M | -- |
| Diluted Average Shares | -- | 102.8M | 102.8M | 102.8M | -- |
| Total Unusual Items | -10.0M | 0.00 | -1.0M | -1.0M | -30.0M |
| Total Unusual Items Excluding Goodwill | -10.0M | 0.00 | -1.0M | -1.0M | -30.0M |
| Tax Rate For Calcs | 0.07 | 0.23 | 0.15 | 0.27 | 0.15 |
| Normalized Income | 23.3M | -27.0M | -9.2M | 30.7M | 9.5M |
| Amortization | 86.0M | 82.0M | 79.0M | 74.0M | 73.0M |
| Amortization Of Intangibles Income Statement | 86.0M | 82.0M | 79.0M | 74.0M | 73.0M |
| Depreciation Amortization Depletion Income Statement | 86.0M | 82.0M | 79.0M | 80.0M | 78.0M |
| Depreciation Income Statement | -- | -- | -- | 6.0M | -- |
| Diluted NI Availto Com Stockholders | 14.0M | -27.0M | -10.0M | 30.0M | -16.0M |
| Net Income Continuous Operations | 26.0M | -30.0M | -4.0M | 41.0M | -2.0M |
| Net Non Operating Interest Income Expense | -46.0M | -42.0M | -39.0M | -35.0M | -36.0M |
| Other Gand A | 16.0M | 16.0M | 21.0M | 18.0M | 17.0M |
| Total Expenses | 180.0M | 158.0M | 163.0M | 161.0M | 164.0M |
| Total Operating Income As Reported | 68.0M | -1.0M | 34.0M | 65.0M | 78.0M |
| 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 | 292.0M | 288.0M | 347.0M | 388.0M | 592.0M |
| Cash Cash Equivalents And Short Term Investments | 293.0M | 288.0M | 347.0M | 388.0M | 592.0M |
| Other Short Term Investments | 1.0M | -- | -- | -- | -- |
| Accounts Receivable | 245.0M | 188.0M | 171.0M | 239.0M | 264.0M |
| Receivables | 276.0M | 289.0M | 233.0M | 239.0M | 264.0M |
| Other Current Assets | 36.0M | 38.0M | 40.0M | 44.0M | 37.0M |
| Current Assets | 656.0M | 683.0M | 689.0M | 746.0M | 923.0M |
| Gross PPE | 6.9B | 4.7B | 4.6B | 4.6B | 6.3B |
| Accumulated Depreciation | -2.2B | -- | -- | -- | -1.9B |
| Net PPE | 4.7B | 4.7B | 4.6B | 4.6B | 4.4B |
| Goodwill | 246.0M | 247.0M | 245.0M | 242.0M | 237.0M |
| Goodwill And Other Intangible Assets | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Other Intangible Assets | 951.0M | 961.0M | 957.0M | 962.0M | 963.0M |
| Investments And Advances | 675.0M | 591.0M | 599.0M | 601.0M | 592.0M |
| Long Term Equity Investment | 646.0M | 574.0M | 578.0M | 589.0M | 580.0M |
| Other Non Current Assets | 282.0M | 308.0M | 268.0M | 255.0M | 269.0M |
| Total Non Current Assets | 7.0B | 7.0B | 6.9B | 6.8B | 6.7B |
| Total Assets | 7.6B | 7.6B | 7.6B | 7.6B | 7.6B |
| Current Debt | 232.0M | 244.0M | 341.0M | 359.0M | 344.0M |
| Current Debt And Capital Lease Obligation | 255.0M | 268.0M | 363.0M | 381.0M | 366.0M |
| Accounts Payable | 242.0M | 270.0M | 269.0M | 405.0M | 590.0M |
| Payables | 242.0M | 270.0M | 269.0M | 405.0M | 590.0M |
| Payables And Accrued Expenses | 242.0M | 270.0M | 269.0M | 405.0M | 590.0M |
| Current Accrued Expenses | -- | -- | -- | -- | 129.0M |
| Other Current Liabilities | 13.0M | 4.0M | 6.0M | 9.0M | 9.0M |
| Current Liabilities | 510.0M | 542.0M | 638.0M | 795.0M | 965.0M |
| Long Term Debt | 4.1B | 4.0B | 3.8B | 3.7B | 3.6B |
| Long Term Debt And Capital Lease Obligation | 4.4B | 4.4B | 4.2B | 4.0B | 3.9B |
| Long Term Capital Lease Obligation | 324.0M | 330.0M | 325.0M | 327.0M | 318.0M |
| Other Non Current Liabilities | 398.0M | 398.0M | 379.0M | 363.0M | 344.0M |
| Total Non Current Liabilities Net Minority Interest | 5.1B | 5.1B | 4.9B | 4.7B | 4.6B |
| Total Liabilities Net Minority Interest | 5.7B | 5.7B | 5.6B | 5.5B | 5.6B |
| Common Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Capital Stock | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Additional Paid In Capital | 13.0M | 13.0M | 13.0M | 13.0M | 12.0M |
| Retained Earnings | 90.0M | 93.0M | 136.0M | 164.0M | 151.0M |
| Gains Losses Not Affecting Retained Earnings | 116.0M | 98.0M | 101.0M | 101.0M | 115.0M |
| Other Equity Adjustments | 116.0M | 98.0M | 101.0M | 101.0M | 115.0M |
| Common Stock Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B |
| Stockholders Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B |
| Total Equity Gross Minority Interest | 2.0B | 2.0B | 2.0B | 2.0B | 2.0B |
| Minority Interest | 449.0M | 430.0M | 431.0M | 446.0M | 424.0M |
| Total Capitalization | 5.6B | 5.6B | 5.4B | 5.3B | 5.2B |
| Net Tangible Assets | 345.0M | 319.0M | 371.0M | 397.0M | 401.0M |
| Tangible Book Value | 345.0M | 319.0M | 371.0M | 397.0M | 401.0M |
| Working Capital | 146.0M | 141.0M | 51.0M | -49.0M | -42.0M |
| Invested Capital | 5.9B | 5.8B | 5.8B | 5.6B | 5.6B |
| Total Debt | 4.7B | 4.6B | 4.5B | 4.4B | 4.3B |
| Net Debt | 4.0B | 4.0B | 3.8B | 3.6B | 3.4B |
| Share Issued | 102.8M | 102.8M | 102.8M | 102.8M | 102.8M |
| Ordinary Shares Number | 102.8M | 102.8M | 102.8M | 102.8M | 102.8M |
| Available For Sale Securities | 29.0M | 17.0M | 21.0M | 12.0M | 12.0M |
| Capital Lease Obligations | 347.0M | 354.0M | 347.0M | 349.0M | 340.0M |
| Construction In Progress | 568.0M | 663.0M | -- | -- | 814.0M |
| Current Capital Lease Obligation | 23.0M | 24.0M | 22.0M | 22.0M | 22.0M |
| Derivative Product Liabilities | 99.0M | 108.0M | 102.0M | 106.0M | 70.0M |
| Dueto Related Parties Current | -- | -- | -- | -- | -- |
| Dueto Related Parties Non Current | -- | -- | -- | -- | -- |
| Financial Assets | 174.0M | 158.0M | 162.0M | 165.0M | 174.0M |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | 0.00 | -- | -- | -- |
| Hedging Assets Current | -- | 3.0M | 4.0M | 11.0M | 11.0M |
| Interest Payable | -- | -- | -- | -- | 15.0M |
| Investmentin Financial Assets | 29.0M | 17.0M | 21.0M | 12.0M | 12.0M |
| Line Of Credit | 0.00 | 1.0M | 0.00 | 13.0M | 5.0M |
| Loans Receivable | 31.0M | 101.0M | 62.0M | -- | -- |
| Long Term Provisions | -- | -- | -- | -- | -- |
| Non Current Deferred Liabilities | 246.0M | 249.0M | 260.0M | 261.0M | 256.0M |
| Non Current Deferred Taxes Liabilities | 246.0M | 249.0M | 260.0M | 261.0M | 256.0M |
| Other Current Borrowings | 232.0M | 243.0M | 341.0M | 346.0M | 339.0M |
| Other Payable | -- | -- | -- | -- | 72.0M |
| Other Properties | 578.0M | 416.0M | 4.6B | 4.6B | 552.0M |
| Restricted Cash | 51.0M | 65.0M | 65.0M | 64.0M | 19.0M |
| Total Tax Payable | -- | -- | -- | -- | -- |
| Tradeand Other Payables Non Current | -- | 21.0M | 8.0M | 9.0M | 9.0M |
| 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 | 46.0M | 37.0M | 107.0M | 172.0M | 31.0M |
| Cash Flow From Continuing Operating Activities | 46.0M | 37.0M | 107.0M | 172.0M | 31.0M |
| Depreciation And Amortization | 86.0M | 82.0M | 79.0M | 80.0M | 78.0M |
| Depreciation Amortization Depletion | 86.0M | 82.0M | 79.0M | 80.0M | 78.0M |
| Deferred Tax | 2.0M | -9.0M | -4.0M | 15.0M | 8.0M |
| Deferred Income Tax | 2.0M | -9.0M | -4.0M | 15.0M | 8.0M |
| Change In Working Capital | -72.0M | -18.0M | 23.0M | 37.0M | -74.0M |
| Other Non Cash Items | 46.0M | 43.0M | 43.0M | 39.0M | 26.0M |
| Capital Expenditure | -129.0M | -85.0M | -158.0M | -274.0M | -206.0M |
| Purchase Of PPE | -115.0M | -77.0M | -141.0M | -274.0M | -172.0M |
| Net PPE Purchase And Sale | -115.0M | -77.0M | -141.0M | -274.0M | -172.0M |
| Purchase Of Business | -27.0M | -1.0M | -44.0M | -12.0M | -37.0M |
| Sale Of Business | -- | -- | -- | -- | 0.00 |
| Investing Cash Flow | -73.0M | -129.0M | -235.0M | -361.0M | -245.0M |
| Cash Flow From Continuing Investing Activities | -73.0M | -129.0M | -235.0M | -361.0M | -245.0M |
| Issuance Of Debt | 20.0M | 221.0M | 379.0M | 63.0M | 530.0M |
| Repayment Of Debt | -71.0M | -187.0M | -232.0M | -64.0M | -60.0M |
| Net Issuance Payments Of Debt | 46.0M | 58.0M | 147.0M | -1.0M | 613.0M |
| Repurchase Of Capital Stock | -- | 0.00 | -2.0M | -- | -- |
| Net Common Stock Issuance | -- | 0.00 | -2.0M | -- | -- |
| Common Stock Payments | -- | 0.00 | -2.0M | -- | -- |
| Financing Cash Flow | 32.0M | 33.0M | 94.0M | -27.0M | 519.0M |
| Cash Flow From Continuing Financing Activities | 32.0M | 33.0M | 94.0M | -27.0M | 519.0M |
| Effect Of Exchange Rate Changes | 0.00 | -1.0M | 6.0M | 4.0M | -6.0M |
| Changes In Cash | 5.0M | -59.0M | -34.0M | -216.0M | 305.0M |
| Beginning Cash Position | 287.0M | 347.0M | 375.0M | 587.0M | 288.0M |
| End Cash Position | 292.0M | 287.0M | 347.0M | 375.0M | 587.0M |
| Free Cash Flow | -83.0M | -48.0M | -51.0M | -102.0M | -175.0M |
| Amortization Cash Flow | 86.0M | 82.0M | 79.0M | 74.0M | 73.0M |
| Amortization Of Intangibles | 86.0M | 82.0M | 79.0M | 74.0M | 73.0M |
| Asset Impairment Charge | 10.0M | 0.00 | 1.0M | -- | -- |
| Cash Dividends Paid | -17.0M | -17.0M | -17.0M | -17.0M | -17.0M |
| Depreciation | -- | -- | -- | 6.0M | -- |
| Dividend Received Cfo | 5.0M | 10.0M | 14.0M | 22.0M | 5.0M |
| Earnings Losses From Equity Investments | -6.0M | -6.0M | 2.0M | -28.0M | -3.0M |
| Interest Paid Cfo | -51.0M | -33.0M | -44.0M | -30.0M | -41.0M |
| Interest Received Cfo | 1.0M | 4.0M | 3.0M | 3.0M | 5.0M |
| Long Term Debt Issuance | 20.0M | 221.0M | 379.0M | 63.0M | 530.0M |
| Long Term Debt Payments | -71.0M | -187.0M | -232.0M | -64.0M | -60.0M |
| Net Business Purchase And Sale | -27.0M | -1.0M | -44.0M | -12.0M | -37.0M |
| Net Income From Continuing Operations | 26.0M | -30.0M | -4.0M | 41.0M | -2.0M |
| Net Intangibles Purchase And Sale | -14.0M | -8.0M | -17.0M | -- | -34.0M |
| Net Long Term Debt Issuance | -51.0M | 34.0M | 147.0M | -1.0M | 470.0M |
| Net Other Financing Charges | 1.0M | -8.0M | -34.0M | -9.0M | -77.0M |
| Net Other Investing Changes | 83.0M | -43.0M | -33.0M | -75.0M | 0.00 |
| Net Short Term Debt Issuance | -- | 24.0M | -- | -- | -- |
| Operating Gains Losses | -6.0M | -6.0M | 2.0M | -28.0M | -3.0M |
| Purchase Of Intangibles | -14.0M | -8.0M | -17.0M | -- | -34.0M |
| Taxes Refund Paid | -1.0M | -6.0M | -6.0M | -7.0M | -6.0M |