Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 387.0M | 426.0M | 477.2M | 586.9M |
| Operating Revenue | 387.0M | 426.0M | 477.2M | 586.9M |
| Cost Of Revenue | 333.0M | 367.6M | 453.0M | 450.6M |
| Gross Profit | 54.0M | 58.4M | 24.1M | 136.3M |
| Selling General And Administration | 54.6M | 61.5M | 54.7M | 73.6M |
| General And Administrative Expense | 48.3M | 52.7M | 46.5M | 52.9M |
| Research And Development | 3.2M | 3.1M | 3.4M | 3.7M |
| Other Operating Expenses | 2.2M | 27.4M | 714,000 | 289,000 |
| Operating Expense | 59.9M | 91.9M | 58.8M | 77.6M |
| Operating Income | -5.9M | -33.5M | -34.7M | 58.7M |
| EBIT | -7.3M | -28.2M | -35.3M | 58.7M |
| Interest Expense | 11.4M | 10.5M | 5.1M | 4.2M |
| Interest Expense Non Operating | 11.4M | 10.5M | 5.1M | 4.2M |
| Net Interest Income | -13.2M | -11.4M | -6.1M | -4.2M |
| Other Income Expense | 400,000 | 6.2M | 351,000 | -- |
| Special Income Charges | 96,000 | 5.6M | 37,000 | -- |
| Restructuring And Mergern Acquisition | -96,000 | -5.6M | -37,000 | -- |
| Gain On Sale Of Security | 304,000 | 581,000 | 314,000 | -- |
| Pretax Income | -18.7M | -38.8M | -40.4M | 54.5M |
| Tax Provision | 1.7M | 3.0M | -8.5M | 7.8M |
| Tax Effect Of Unusual Items | 60,000 | 2.5M | 74,001 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Income From Continuing Operation Net Minority Interest | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Income Including Noncontrolling Interests | -20.4M | -41.7M | -31.9M | 46.7M |
| Minority Interests | -- | -- | -- | 0.00 |
| Net Income Common Stockholders | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Income | -20.4M | -41.7M | -31.9M | 46.7M |
| EBITDA | 13.7M | -5.9M | -13.4M | 79.6M |
| Normalized EBITDA | 13.3M | -12.1M | -13.7M | 79.6M |
| Reconciled Depreciation | 21.0M | 22.3M | 21.9M | 20.9M |
| Basic EPS | -0.75 | -1.54 | -1.18 | 1.73 |
| Diluted EPS | -0.75 | -1.54 | -1.18 | 1.65 |
| Basic Average Shares | 27.1M | 27.1M | 27.1M | 27.0M |
| Diluted Average Shares | 27.1M | 27.1M | 27.1M | 28.3M |
| Total Unusual Items | 400,000 | 6.2M | 351,000 | -- |
| Total Unusual Items Excluding Goodwill | 400,000 | 6.2M | 351,000 | -- |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.21 | 0.14 |
| Normalized Income | -20.7M | -45.5M | -32.2M | 46.7M |
| Diluted NI Availto Com Stockholders | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Income Continuous Operations | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Non Operating Interest Income Expense | -13.2M | -11.4M | -6.1M | -4.2M |
| Other Gand A | 48.3M | 52.7M | 46.5M | 52.9M |
| Reconciled Cost Of Revenue | 333.0M | 367.6M | 453.0M | 450.6M |
| Selling And Marketing Expense | 6.3M | 8.7M | 8.2M | 20.7M |
| Total Expenses | 393.0M | 459.5M | 511.8M | 528.1M |
| Total Operating Income As Reported | -5.9M | -33.5M | -34.7M | 58.7M |
| Total Other Finance Cost | 1.8M | 890,000 | 940,000 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 6.5M | 29.0M | 18.6M | 7.1M |
| Cash Cash Equivalents And Short Term Investments | 6.5M | 29.0M | 18.6M | 7.1M |
| Accounts Receivable | 67.8M | 71.0M | 92.6M | 80.3M |
| Receivables | 71.7M | 81.3M | 103.1M | 88.6M |
| Inventory | 57.1M | 64.2M | 92.8M | 122.1M |
| Prepaid Assets | 6.6M | 8.4M | 9.3M | 10.0M |
| Current Assets | 142.0M | 182.9M | 223.8M | 227.9M |
| Gross PPE | 203.8M | 192.3M | 185.4M | 177.9M |
| Accumulated Depreciation | -119.8M | -107.7M | -96.1M | -84.7M |
| Net PPE | 83.9M | 84.6M | 89.3M | 93.1M |
| Goodwill | 24.9M | 24.9M | 51.6M | 51.6M |
| Goodwill And Other Intangible Assets | 71.2M | 78.7M | 113.2M | 121.1M |
| Other Intangible Assets | 46.3M | 53.8M | 61.7M | 69.5M |
| Other Non Current Assets | 2.4M | 446,000 | 446,000 | 446,000 |
| Total Non Current Assets | 167.6M | 173.8M | 217.0M | 215.4M |
| Total Assets | 309.5M | 356.7M | 440.8M | 443.3M |
| Current Debt | 2.4M | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 5.0M | 2.4M | 2.3M | 2.4M |
| Accounts Payable | 57.5M | 68.1M | 85.2M | 103.0M |
| Payables | 58.1M | 68.1M | 85.8M | 103.0M |
| Payables And Accrued Expenses | 58.1M | 68.1M | 85.8M | 103.0M |
| Other Current Liabilities | -38,000 | -- | -- | -- |
| Current Liabilities | 63.3M | 72.9M | 90.2M | 108.2M |
| Long Term Debt | 103.0M | 117.5M | 128.7M | 63.2M |
| Long Term Debt And Capital Lease Obligation | 112.4M | 128.9M | 141.4M | 78.3M |
| Long Term Capital Lease Obligation | 9.4M | 11.5M | 12.7M | 15.0M |
| Total Non Current Liabilities Net Minority Interest | 120.2M | 134.9M | 153.5M | 99.9M |
| Total Liabilities Net Minority Interest | 183.5M | 207.8M | 243.8M | 208.1M |
| Common Stock | 88.0M | 88.0M | 87.8M | 87.9M |
| Capital Stock | 88.0M | 88.0M | 87.8M | 87.9M |
| Additional Paid In Capital | 6.5M | 5.5M | 4.6M | 2.5M |
| Retained Earnings | 31.5M | 55.4M | 104.6M | 144.7M |
| Common Stock Equity | 126.0M | 148.9M | 197.0M | 235.1M |
| Stockholders Equity | 126.0M | 148.9M | 197.0M | 235.1M |
| Total Equity Gross Minority Interest | 126.0M | 148.9M | 197.0M | 235.1M |
| Total Capitalization | 229.0M | 266.3M | 325.7M | 298.4M |
| Net Tangible Assets | 54.8M | 70.2M | 83.8M | 114.1M |
| Tangible Book Value | 54.8M | 70.2M | 83.8M | 114.1M |
| Working Capital | 78.7M | 109.9M | 133.5M | 119.7M |
| Invested Capital | 231.4M | 266.3M | 325.7M | 298.4M |
| Total Debt | 117.4M | 131.3M | 143.7M | 80.6M |
| Net Debt | 98.9M | 88.5M | 110.1M | 56.1M |
| Share Issued | 27.1M | 27.1M | 27.1M | 27.0M |
| Ordinary Shares Number | 27.1M | 27.1M | 27.1M | 27.0M |
| Allowance For Doubtful Accounts Receivable | -187,000 | -669,000 | -725,000 | -601,000 |
| Capital Lease Obligations | 12.0M | 13.9M | 15.0M | 17.4M |
| Construction In Progress | 9.2M | 9.7M | 7.7M | 14.7M |
| Current Capital Lease Obligation | 2.6M | 2.4M | 2.3M | 2.4M |
| Current Provisions | 198,000 | 2.4M | 2.1M | 2.8M |
| Derivative Product Liabilities | 0.00 | -252,000 | -52,000 | -48,000 |
| Employee Benefits | 385,000 | 441,000 | 408,000 | 579,000 |
| Finished Goods | 23.2M | 36.4M | 92.7M | 76.8M |
| Gross Accounts Receivable | 68.0M | 71.7M | 93.4M | 80.9M |
| Income Tax Payable | 552,000 | 0.00 | 609,000 | 0.00 |
| Inventories Adjustments Allowances | -13.3M | -17.0M | -63.1M | -8.4M |
| Long Term Provisions | 4.3M | 2.7M | 8.5M | 17.5M |
| Machinery Furniture Equipment | 138.4M | 127.5M | 123.8M | 110.8M |
| Non Current Deferred Assets | 9.7M | 9.7M | 11.8M | 0.00 |
| Non Current Deferred Liabilities | 3.1M | 3.1M | 3.2M | 3.6M |
| Non Current Deferred Taxes Assets | 9.7M | 9.7M | 11.8M | 0.00 |
| Non Current Deferred Taxes Liabilities | 3.1M | 3.1M | 3.2M | 3.6M |
| Non Current Note Receivables | 312,000 | 395,000 | 2.2M | 709,000 |
| Non Current Pension And Other Postretirement Benefit Plans | 385,000 | 441,000 | -- | -- |
| Other Current Borrowings | 2.4M | -- | -- | -- |
| Other Inventories | 1.9M | 535,000 | 1.6M | 658,000 |
| Other Receivables | 1.7M | 2.2M | 2.0M | 2.2M |
| Properties | 56.2M | 55.0M | 54.0M | 52.4M |
| Raw Materials | 38.0M | 34.1M | 53.3M | 49.3M |
| Taxes Receivable | 2.2M | 8.1M | 8.5M | 6.1M |
| Total Tax Payable | 552,000 | 0.00 | 609,000 | 0.00 |
| Tradeand Other Payables Non Current | 118,000 | 0.00 | -- | -- |
| Work In Process | 7.3M | 10.1M | 8.2M | 3.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 8.8M | 40.9M | -30.8M | 2.0M |
| Cash Flow From Continuing Operating Activities | 8.8M | 40.9M | -30.8M | 2.0M |
| Depreciation And Amortization | 21.0M | 22.3M | 21.9M | 20.9M |
| Depreciation Amortization Depletion | 21.0M | 22.3M | 21.9M | 20.9M |
| Stock Based Compensation | 1.2M | 1.4M | -5.4M | 9.4M |
| Deferred Tax | 1.2M | 2.1M | -9.4M | 7.0M |
| Deferred Income Tax | 1.2M | 2.1M | -9.4M | 7.0M |
| Change In Working Capital | -6.4M | 26.7M | -58.5M | -65.5M |
| Change In Receivables | 3.8M | 21.2M | -12.3M | -12.1M |
| Change In Inventory | 974,000 | 20.6M | -25.1M | -74.4M |
| Change In Payables And Accrued Expense | -10.4M | -15.9M | -20.0M | 25.0M |
| Change In Payable | -10.4M | -15.9M | -20.0M | 25.0M |
| Change In Other Working Capital | -794,000 | -286,000 | -1.8M | -1.1M |
| Other Non Cash Items | 12.8M | 5.4M | 5.6M | 4.0M |
| Capital Expenditure | -10.6M | -8.5M | -10.2M | -18.0M |
| Purchase Of PPE | -9.9M | -7.3M | -8.8M | -16.9M |
| Net PPE Purchase And Sale | -9.9M | -7.3M | -8.8M | -16.9M |
| Purchase Of Business | -- | -- | 0.00 | -48.5M |
| Sale Of Business | -- | -- | 0.00 | 1.9M |
| Investing Cash Flow | -10.6M | -8.5M | -10.2M | -64.6M |
| Cash Flow From Continuing Investing Activities | -10.6M | -8.5M | -10.2M | -64.6M |
| Issuance Of Debt | 55.0M | 0.00 | 239,000 | 65.0M |
| Repayment Of Debt | -69.3M | -13.5M | -4.1M | -74.2M |
| Net Issuance Payments Of Debt | -14.3M | -13.5M | 61.2M | -9.2M |
| Common Stock Dividend Paid | -4.2M | -8.0M | -8.3M | -7.4M |
| Financing Cash Flow | -20.8M | -22.2M | 52.2M | -17.5M |
| Cash Flow From Continuing Financing Activities | -20.8M | -22.2M | 52.2M | -17.5M |
| Effect Of Exchange Rate Changes | 120,000 | 180,000 | 183,000 | 223,000 |
| Changes In Cash | -22.6M | 10.3M | 11.2M | -80.1M |
| Beginning Cash Position | 29.0M | 18.6M | 7.1M | 87.0M |
| End Cash Position | 6.5M | 29.0M | 18.6M | 7.1M |
| Free Cash Flow | -1.9M | 32.4M | -41.0M | -16.0M |
| Amortization Cash Flow | 8.2M | 9.2M | 9.3M | 7.7M |
| Amortization Of Intangibles | 8.2M | 9.2M | 9.3M | 7.7M |
| Asset Impairment Charge | 6.0M | 36.5M | 57.0M | 0.00 |
| Cash Dividends Paid | -4.2M | -8.0M | -8.3M | -7.4M |
| Change In Prepaid Assets | 76,000 | 968,000 | 727,000 | -3.1M |
| Depreciation | 12.8M | 13.1M | 12.6M | 13.1M |
| Interest Paid Cfo | -10.3M | -10.8M | -5.6M | -3.5M |
| Long Term Debt Issuance | 55.0M | 0.00 | 239,000 | 0.00 |
| Long Term Debt Payments | -69.3M | -13.5M | -4.1M | -74.2M |
| Net Business Purchase And Sale | -- | -- | 0.00 | -46.6M |
| Net Foreign Currency Exchange Gain Loss | 98,000 | -626,000 | 135,000 | 1.0M |
| Net Income From Continuing Operations | -20.4M | -41.7M | -31.9M | 46.7M |
| Net Intangibles Purchase And Sale | -730,000 | -1.2M | -1.4M | -1.1M |
| Net Long Term Debt Issuance | -14.3M | -13.5M | -3.9M | -74.2M |
| Net Other Financing Charges | -2.3M | -666,000 | 8,000 | -1.6M |
| Net Other Investing Changes | 26,000 | 41,000 | 3,000 | -- |
| Net Short Term Debt Issuance | -- | -11.0M | 65.1M | 65.0M |
| Operating Gains Losses | 98,000 | -626,000 | 135,000 | -5.5M |
| Proceeds From Stock Option Exercised | -- | 0.00 | -693,000 | 656,000 |
| Purchase Of Intangibles | -730,000 | -1.2M | -1.4M | -1.1M |
| Sale Of PPE | -- | -- | 3,000 | 9,000 |
| Short Term Debt Issuance | -- | -- | 65.1M | 65.0M |
| Taxes Refund Paid | 3.4M | -356,000 | -4.7M | -11.5M |