Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 1.7B | 1.9B | 3.4B | 2.9B | 1.9B |
| Operating Revenue | 1.7B | 1.9B | 3.4B | 2.9B | 1.9B |
| Cost Of Revenue | 1.3B | 1.3B | 2.5B | 1.8B | 1.2B |
| Gross Profit | 426.6M | 529.5M | 869.3M | 1.1B | 635.8M |
| Selling General And Administration | 91.9M | 70.2M | 107.5M | 79.3M | 51.9M |
| General And Administrative Expense | 91.9M | 70.2M | 107.5M | 79.3M | 51.9M |
| Other Operating Expenses | 108.3M | 102.3M | 118.6M | 94.5M | 59.9M |
| Operating Expense | 200.3M | 172.5M | 226.1M | 173.8M | 111.8M |
| Operating Income | 226.3M | 357.0M | 643.2M | 953.1M | 524.0M |
| EBIT | 8.3M | 171.9M | -356.8M | 971.3M | 1.8B |
| Interest Expense | 161.4M | 188.6M | 159.8M | 80.4M | 92.1M |
| Interest Expense Non Operating | 161.4M | 188.6M | 159.8M | 80.4M | 92.1M |
| Net Interest Income | -217.5M | -203.3M | -171.8M | -86.7M | -96.9M |
| Other Income Expense | -161.8M | -170.4M | -988.0M | 24.5M | 1.3B |
| Other Non Operating Income Expenses | -8.0M | 5.1M | 456,000 | -3.2M | 2.6M |
| Special Income Charges | -230.8M | -21.8M | -1.0B | 270.2M | 1.6B |
| Restructuring And Mergern Acquisition | 0.00 | 1.5M | 49.0M | 0.00 | -- |
| Gain On Sale Of Security | 76.9M | -153.8M | 35.5M | -242.5M | -285.0M |
| Pretax Income | -153.1M | -16.7M | -516.6M | 890.9M | 1.7B |
| Tax Provision | 123.7M | 80.7M | -283.2M | 35.3M | 81.2M |
| Tax Effect Of Unusual Items | -23.1M | -26.3M | -395.4M | 1.1M | 60.6M |
| Net Income From Continuing And Discontinued Operation | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| Net Income From Continuing Operation Net Minority Interest | -276.8M | -97.5M | -233.4M | 855.6M | 1.6B |
| Net Income Including Noncontrolling Interests | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| Net Income Common Stockholders | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| Net Income | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| EBITDA | 1.3B | 1.6B | 691.1M | 1.6B | 2.3B |
| Normalized EBITDA | 1.4B | 1.7B | 1.7B | 1.5B | 986.3M |
| Reconciled Depreciation | 1.3B | 1.4B | 1.0B | 587.0M | 464.6M |
| Basic EPS | -- | 0.29 | -0.33 | 1.53 | 2.86 |
| Diluted EPS | -- | 0.29 | -0.33 | 1.52 | 2.82 |
| Basic Average Shares | -- | 803.4M | 704.9M | 558.0M | 563.7M |
| Diluted Average Shares | -- | 807.7M | 704.9M | 563.8M | 571.6M |
| Total Unusual Items | -153.9M | -175.5M | -988.5M | 27.7M | 1.3B |
| Total Unusual Items Excluding Goodwill | -153.9M | -175.5M | -988.5M | 27.7M | 1.3B |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.04 | 0.05 |
| Normalized Income | -146.0M | 51.8M | 359.7M | 829.0M | 409.0M |
| Diluted NI Availto Com Stockholders | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| Gain On Sale Of Ppe | 2.5M | 4.1M | -141.3M | 4.9M | 9.7M |
| Impairment Of Capital Assets | 148.0M | 0.00 | 833.7M | -267.7M | -1.5B |
| Net Income Continuous Operations | -276.8M | -97.5M | -233.4M | 855.6M | 1.6B |
| Net Income Discontinuous Operations | -326.9M | 334.1M | -- | -- | -- |
| Net Non Operating Interest Income Expense | -217.5M | -203.3M | -171.8M | -86.7M | -96.9M |
| Other Gand A | 67.9M | 58.4M | 69.8M | 50.3M | 40.8M |
| Other Special Charges | 85.4M | 24.4M | -- | 2.5M | 1.9M |
| Reconciled Cost Of Revenue | 1.3B | 1.3B | 2.5B | 1.8B | 1.2B |
| Salaries And Wages | 24.0M | 11.9M | 37.7M | 29.1M | 11.1M |
| Total Expenses | 1.5B | 1.5B | 2.7B | 1.9B | 1.3B |
| Total Other Finance Cost | 56.1M | 14.7M | 11.9M | 6.3M | 4.9M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 953.1M | 16.6M | 55.8M | 5.5M | 0.00 |
| Cash Cash Equivalents And Short Term Investments | 953.1M | 16.6M | 55.8M | 5.5M | 0.00 |
| Cash Financial | 953.1M | 16.6M | 55.8M | 5.5M | 0.00 |
| Accounts Receivable | 32.9M | 61.6M | 339.4M | 222.1M | 173.4M |
| Receivables | 135.2M | 387.3M | 339.4M | 222.1M | 173.4M |
| Prepaid Assets | -- | -- | 21.5M | -- | -- |
| Other Current Assets | 35.0M | 20.2M | 21.5M | 6.4M | -- |
| Current Assets | 1.2B | 449.6M | 440.0M | 244.1M | 182.1M |
| Gross PPE | 7.5B | 17.6B | 15.7B | 12.2B | 11.8B |
| Accumulated Depreciation | -5.4B | -10.5B | -8.9B | -7.4B | -7.2B |
| Net PPE | 2.1B | 7.1B | 6.7B | 4.8B | 4.7B |
| Other Non Current Assets | 28.2M | 56.3M | 61.7M | -- | -- |
| Total Non Current Assets | 2.2B | 7.3B | 7.0B | 4.9B | 4.7B |
| Total Assets | 3.3B | 7.8B | 7.5B | 5.1B | 4.8B |
| Current Debt And Capital Lease Obligation | 7.2M | 9.2M | 13.4M | 3.5M | 2.9M |
| Accounts Payable | 236.4M | 512.5M | 477.3M | 227.3M | 190.7M |
| Payables | 253.6M | 530.1M | 495.7M | 227.3M | 190.7M |
| Payables And Accrued Expenses | 253.6M | 530.1M | 495.7M | 227.3M | 190.7M |
| Other Current Liabilities | 26.1M | -- | -- | -- | 134.0M |
| Current Liabilities | 330.2M | 573.7M | 558.0M | 288.5M | 338.7M |
| Long Term Debt | 95.0M | 2.3B | 2.4B | 930.6M | 1.4B |
| Long Term Debt And Capital Lease Obligation | 110.8M | 2.3B | 2.4B | 933.6M | 1.4B |
| Long Term Capital Lease Obligation | 15.8M | 15.5M | 16.1M | 3.0M | 4.8M |
| Other Non Current Liabilities | -- | 20.9M | 19.1M | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 626.2M | 3.0B | 3.1B | 1.8B | 2.3B |
| Total Liabilities Net Minority Interest | 956.4M | 3.6B | 3.6B | 2.1B | 2.6B |
| Common Stock | 6.1B | 6.1B | 6.5B | 5.5B | 5.7B |
| Capital Stock | 6.1B | 6.1B | 6.5B | 5.5B | 5.7B |
| Additional Paid In Capital | 397.7M | 361.9M | 193.1M | 89.9M | 13.6M |
| Retained Earnings | -4.1B | -3.4B | -3.6B | -3.3B | -4.2B |
| Gains Losses Not Affecting Retained Earnings | 13.4M | 1.1B | 690.9M | 756.2M | 632.1M |
| Other Equity Adjustments | 13.4M | 1.1B | 690.9M | 756.2M | 632.1M |
| Common Stock Equity | 2.4B | 4.2B | 3.8B | 3.0B | 2.2B |
| Stockholders Equity | 2.4B | 4.2B | 3.8B | 3.0B | 2.2B |
| Total Equity Gross Minority Interest | 2.4B | 4.2B | 3.8B | 3.0B | 2.2B |
| Total Capitalization | 2.5B | 6.4B | 6.2B | 4.0B | 3.6B |
| Net Tangible Assets | 2.4B | 4.2B | 3.8B | 3.0B | 2.2B |
| Tangible Book Value | 2.4B | 4.2B | 3.8B | 3.0B | 2.2B |
| Working Capital | 860.2M | -124.1M | -118.0M | -44.5M | -156.7M |
| Invested Capital | 2.5B | 6.4B | 6.2B | 4.0B | 3.6B |
| Total Debt | 118.0M | 2.3B | 2.4B | 937.2M | 1.4B |
| Net Debt | -- | 2.2B | 2.4B | 925.2M | 1.4B |
| Share Issued | 765.6M | 773.6M | 821.7M | 544.9M | 564.2M |
| Ordinary Shares Number | 765.6M | 773.6M | 821.7M | 544.9M | 564.2M |
| Assets Held For Sale Current | 38.1M | 0.00 | -- | -- | -- |
| Buildings And Improvements | 5.8M | 13.1M | -- | -- | -- |
| Capital Lease Obligations | 23.0M | 24.7M | 29.4M | 6.5M | 7.8M |
| Current Capital Lease Obligation | 7.2M | 9.2M | 13.4M | 3.5M | 2.9M |
| Current Provisions | 17.1M | 15.7M | 20.4M | 12.8M | 11.1M |
| Derivative Product Liabilities | 0.00 | 1.6M | 0.00 | -- | -- |
| Dividends Payable | 17.3M | 17.6M | 18.4M | 0.00 | -- |
| Employee Benefits | 8.7M | 5.9M | 7.2M | 9.2M | -- |
| Gross Accounts Receivable | 32.9M | 61.6M | -- | -- | -- |
| Hedging Assets Current | 28.9M | 25.6M | 23.3M | 10.1M | 8.7M |
| Long Term Provisions | 506.7M | 625.3M | 603.0M | 576.1M | 732.6M |
| Machinery Furniture Equipment | 950,000 | 734,000 | -- | -- | -- |
| Non Current Deferred Assets | 46.3M | 178.2M | 213.1M | 57.2M | 0.00 |
| Non Current Deferred Liabilities | 0.00 | 88.6M | 21.3M | 265.9M | 167.5M |
| Non Current Deferred Taxes Assets | 46.3M | 178.2M | 213.1M | 57.2M | 0.00 |
| Non Current Deferred Taxes Liabilities | 0.00 | 88.6M | 21.3M | 265.9M | 167.5M |
| Other Properties | 21.7M | 16.3M | 36.1M | 13.0M | 15.4M |
| Other Receivables | 102.3M | 325.7M | -- | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 26.1M | 18.8M | 28.5M | 44.9M | -- |
| Tradeand Other Payables Non Current | -- | -- | -- | 9.2M | 0.00 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.5B | 1.9B | 1.3B | 1.2B | 712.4M |
| Cash Flow From Continuing Operating Activities | 1.5B | 1.9B | 1.3B | 1.2B | 712.4M |
| Depreciation Amortization Depletion | 1.3B | 1.4B | 1.0B | 587.0M | 464.6M |
| Stock Based Compensation | -- | 0.00 | 16.2M | 3.2M | 6.4M |
| Deferred Tax | 112.2M | 114.9M | -297.6M | 31.7M | 80.0M |
| Deferred Income Tax | 112.2M | 114.9M | -297.6M | 31.7M | 80.0M |
| Change In Working Capital | 18.1M | -17.9M | -220.9M | 26.1M | -26.6M |
| Other Non Cash Items | 129.7M | 34.3M | 13.6M | 32.3M | 24.8M |
| Capital Expenditure | -1.3B | -1.3B | -1.1B | -524.0M | -315.8M |
| Purchase Of PPE | -1.3B | -1.3B | -1.1B | -524.0M | -315.8M |
| Net PPE Purchase And Sale | -1.3B | -1.3B | -1.1B | -524.0M | -308.0M |
| Purchase Of Business | -- | 0.00 | -662.6M | 0.00 | -- |
| Investing Cash Flow | 1.8B | -1.3B | -1.5B | -489.0M | -310.8M |
| Cash Flow From Continuing Investing Activities | 1.8B | -1.3B | -1.5B | -489.0M | -310.8M |
| Issuance Of Debt | 0.00 | 780.9M | 1.5B | 0.00 | 0.00 |
| Repayment Of Debt | -2.2B | -1.1B | -954.4M | -517.3M | -401.6M |
| Net Issuance Payments Of Debt | -2.2B | -355.2M | 569.2M | -517.3M | -401.6M |
| Repurchase Of Capital Stock | -29.4M | -222.2M | -221.9M | -159.0M | 0.00 |
| Net Common Stock Issuance | -29.4M | -222.2M | -221.9M | -159.0M | 0.00 |
| Common Stock Dividend Paid | -69.2M | -72.0M | -37.5M | 0.00 | -- |
| Common Stock Payments | -29.4M | -222.2M | -221.9M | -159.0M | 0.00 |
| Financing Cash Flow | -2.3B | -668.2M | 266.2M | -678.4M | -401.6M |
| Cash Flow From Continuing Financing Activities | -2.3B | -668.2M | 266.2M | -678.4M | -401.6M |
| Changes In Cash | 936.5M | -39.2M | 50.4M | 5.5M | -- |
| Beginning Cash Position | 16.6M | 55.8M | 5.5M | 0.00 | 0.00 |
| End Cash Position | 953.1M | 16.6M | 55.8M | 5.5M | 0.00 |
| Free Cash Flow | 207.5M | 593.8M | 239.6M | 648.8M | 396.6M |
| Income Tax Paid Supplemental Data | 22.1M | 19.4M | 3.6M | 2.3M | 253,000 |
| Interest Paid Supplemental Data | 202.5M | 200.2M | 153.2M | 84.2M | 93.1M |
| Asset Impairment Charge | 148.0M | 0.00 | 833.7M | -267.7M | -1.5B |
| Cash Dividends Paid | -69.2M | -72.0M | -37.5M | 0.00 | -- |
| Gain Loss On Investment Securities | -2.6M | -654,000 | 9.3M | -135.5M | 103.6M |
| Long Term Debt Issuance | 0.00 | 780.9M | 1.5B | 0.00 | 0.00 |
| Long Term Debt Payments | -2.2B | -1.1B | -954.4M | -517.3M | -256.3M |
| Net Business Purchase And Sale | -- | 0.00 | -662.6M | 0.00 | -- |
| Net Foreign Currency Exchange Gain Loss | -88.5M | 153.9M | -14.3M | 45.1M | -1.9M |
| Net Income From Continuing Operations | -603.8M | 236.6M | -233.4M | 855.6M | 1.6B |
| Net Long Term Debt Issuance | -2.2B | -355.2M | 569.2M | -517.3M | -256.3M |
| Net Other Financing Charges | -4.6M | -18.8M | -43.5M | -2.1M | -- |
| Net Other Investing Changes | 3.0B | 35.1M | 207.1M | 35.0M | -2.8M |
| Net Short Term Debt Issuance | -- | -- | -- | -137.0M | -145.3M |
| Operating Gains Losses | 417.0M | 154.5M | 136.2M | -95.3M | 92.1M |
| Sale Of PPE | 23.3M | 0.00 | -- | 25.6M | 7.8M |
| Short Term Debt Payments | -- | -- | -- | -137.0M | -145.3M |