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 | 1.8B | 912.8M | 1.1B | 952.2M | 1.1B |
| Operating Revenue | 1.8B | 912.8M | 1.1B | 952.2M | 1.1B |
| Cost Of Revenue | 1.2B | 708.6M | 979.2M | 868.3M | 851.7M |
| Gross Profit | 642.1M | 204.2M | 109.0M | 83.9M | 230.6M |
| Selling General And Administration | 103.9M | 50.3M | 45.2M | 45.6M | 51.3M |
| General And Administrative Expense | 103.9M | 50.3M | 45.2M | 45.6M | 51.3M |
| Depreciation And Amortization In Income Statement | -- | 2.1M | 1.1M | 1.0M | 1.2M |
| Other Operating Expenses | 10.9M | 1.6M | 11.7M | 18.4M | 16.3M |
| Operating Expense | 209.8M | 52.5M | 73.2M | 74.0M | 84.1M |
| Operating Income | 432.3M | 151.7M | 35.8M | 9.9M | 146.5M |
| EBIT | 310.7M | 624.6M | 75.0M | -58.1M | 576.6M |
| Interest Expense | 179.3M | 91.3M | 60.2M | 40.4M | 41.6M |
| Interest Expense Non Operating | 179.3M | 91.3M | 60.2M | 40.4M | 41.6M |
| Interest Income | 10.9M | 7.1M | 11.7M | 5.6M | 2.8M |
| Interest Income Non Operating | 10.9M | 7.1M | 11.7M | 5.6M | 2.8M |
| Net Interest Income | -168.3M | -84.2M | -48.5M | -34.7M | -38.7M |
| Other Income Expense | -132.6M | 465.8M | 27.5M | -73.6M | 427.3M |
| Other Non Operating Income Expenses | -760,000 | 7.0M | -16.1M | -691,000 | -22.4M |
| Special Income Charges | -36.1M | 562.0M | 27.1M | -7.3M | 164.7M |
| Restructuring And Mergern Acquisition | 49.1M | -556.6M | 3.0M | 0.00 | -81.4M |
| Write Off | -- | -- | 13.8M | 446,000 | 7.0M |
| Gain On Sale Of Security | -95.8M | -103.1M | 34.0M | -59.5M | 284.2M |
| Earnings From Equity Interest | -- | 6.3M | -17.5M | -6.2M | 735,000 |
| Pretax Income | 131.4M | 533.3M | 14.8M | -98.4M | 535.0M |
| Tax Provision | 150.2M | 273.0M | -14.1M | 7.6M | -19.9M |
| Tax Effect Of Unusual Items | -19.8M | 68.8M | 24.4M | -17.5M | 119.0M |
| Net Income From Continuing And Discontinued Operation | 221.5M | 339.3M | 28.9M | -106.0M | 554.9M |
| Net Income From Continuing Operation Net Minority Interest | -18.9M | 260.3M | 28.9M | -106.0M | 554.9M |
| Net Income Including Noncontrolling Interests | 221.5M | 339.3M | 28.9M | -106.0M | 554.9M |
| Net Income Common Stockholders | 221.5M | 339.3M | 28.9M | -106.0M | 554.9M |
| Net Income | 221.5M | 339.3M | 28.9M | -106.0M | 554.9M |
| EBITDA | 828.2M | 847.2M | 291.1M | 130.8M | 774.7M |
| Normalized EBITDA | 960.0M | 388.4M | 230.0M | 197.5M | 325.8M |
| Reconciled Depreciation | 517.5M | 222.6M | 216.1M | 188.8M | 198.1M |
| Basic EPS | 0.35 | 0.85 | 0.09 | -0.35 | 1.95 |
| Diluted EPS | 0.35 | 0.75 | 0.09 | -0.35 | 1.69 |
| Basic Average Shares | 630.3M | 400.1M | 312.8M | 304.0M | 284.9M |
| Diluted Average Shares | 630.3M | 473.5M | 316.3M | 304.0M | 333.7M |
| Total Unusual Items | -131.9M | 458.8M | 61.1M | -66.7M | 448.9M |
| Total Unusual Items Excluding Goodwill | -131.9M | 458.8M | 61.1M | -66.7M | 448.9M |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 93.2M | -129.7M | -7.8M | -56.8M | 224.9M |
| Average Dilution Earnings | -- | 18.2M | 0.00 | 0.00 | 8.6M |
| Depreciation Amortization Depletion Income Statement | -- | 2.1M | 1.1M | 1.0M | 1.2M |
| Depreciation Income Statement | -- | 2.1M | 1.1M | 1.0M | 1.2M |
| Diluted NI Availto Com Stockholders | 221.5M | 339.3M | 28.9M | -106.0M | 563.5M |
| Gain On Sale Of Business | -- | 0.00 | 34.5M | -7.0M | 95.7M |
| Gain On Sale Of Ppe | -- | -- | -328,000 | -5.2M | -12.4M |
| Net Income Continuous Operations | -18.9M | 260.3M | 28.9M | -106.0M | 554.9M |
| Net Income Discontinuous Operations | 240.3M | 79.0M | -- | -- | -- |
| Net Non Operating Interest Income Expense | -168.3M | -84.2M | -48.5M | -34.7M | -38.7M |
| Other Gand A | 38.3M | 21.5M | 17.7M | 24.0M | 25.5M |
| Other Special Charges | -13.0M | -5.4M | 4.3M | -5.0M | -186.1M |
| Provision For Doubtful Accounts | -- | -31,000 | 13.8M | 446,000 | 7.0M |
| Reconciled Cost Of Revenue | 1.2B | 708.6M | 764.2M | 868.3M | 654.8M |
| Salaries And Wages | 65.6M | 28.7M | 27.5M | 21.7M | 25.8M |
| Total Expenses | 1.4B | 761.1M | 1.1B | 942.2M | 935.8M |
| Total Operating Income As Reported | 432.3M | 151.7M | 49.6M | 10.4M | 146.5M |
| 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 | 407.4M | 239.3M | 192.0M | 200.8M | 305.5M |
| Cash Cash Equivalents And Short Term Investments | 570.0M | 245.5M | 284.7M | 237.6M | 546.0M |
| Other Short Term Investments | 162.7M | 6.1M | 92.7M | 36.9M | 240.5M |
| Accounts Receivable | 7.1M | 3.9M | 9.9M | 8.2M | 14.2M |
| Receivables | 65.5M | 70.0M | 82.3M | 76.1M | 50.3M |
| Inventory | 369.8M | 417.5M | 412.0M | 265.1M | 201.6M |
| Prepaid Assets | 26.4M | 44.5M | 35.1M | -- | 33.5M |
| Other Current Assets | 10.6M | 6.5M | 2.1M | 40.0M | 33.5M |
| Current Assets | 2.0B | 784.1M | 834.0M | 655.1M | 1.2B |
| Gross PPE | 8.8B | 6.5B | 4.0B | 3.3B | 2.8B |
| Accumulated Depreciation | -840.0M | -921.8M | -761.8M | -505.3M | -296.6M |
| Net PPE | 7.9B | 5.6B | 3.2B | 2.8B | 2.5B |
| Investments And Advances | 0.00 | 32.3M | 29.3M | 153.1M | 127.6M |
| Long Term Equity Investment | -- | 0.00 | 29.3M | 150.8M | 125.3M |
| Other Non Current Assets | 635.8M | 292.4M | 222.9M | 167.4M | 148.6M |
| Total Non Current Assets | 8.6B | 5.9B | 3.5B | 3.2B | 2.8B |
| Total Assets | 10.5B | 6.7B | 4.4B | 3.9B | 4.0B |
| Current Debt | 181.3M | 135.6M | 138.6M | -- | 26.7M |
| Current Debt And Capital Lease Obligation | 181.3M | 135.6M | 138.6M | -- | 26.7M |
| Accounts Payable | 104.5M | 128.5M | 112.8M | 122.5M | 109.3M |
| Payables | 265.9M | 155.9M | 128.6M | 136.3M | 114.9M |
| Payables And Accrued Expenses | 455.5M | 268.4M | 246.5M | 239.8M | 190.1M |
| Current Accrued Expenses | 189.6M | 112.6M | 117.9M | 103.5M | 75.2M |
| Current Deferred Revenue | 127.6M | 116.3M | 39.6M | 0.00 | -- |
| Other Current Liabilities | 497.5M | 168.7M | 54.9M | 31.9M | 185.8M |
| Current Liabilities | 1.3B | 689.1M | 479.6M | 271.7M | 402.6M |
| Long Term Debt | 1.4B | 1.2B | 786.4M | 828.0M | 514.0M |
| Long Term Debt And Capital Lease Obligation | 1.4B | 1.3B | 806.8M | 842.1M | 541.0M |
| Long Term Capital Lease Obligation | 73.7M | 60.5M | 20.4M | 14.1M | 26.9M |
| Other Non Current Liabilities | 151.0M | 92.9M | 40.3M | 13.8M | 10.6M |
| Total Non Current Liabilities Net Minority Interest | 3.5B | 2.6B | 1.4B | 1.2B | 979.5M |
| Total Liabilities Net Minority Interest | 4.7B | 3.3B | 1.9B | 1.5B | 1.4B |
| Common Stock | 4.9B | 2.8B | 2.1B | 2.0B | 2.0B |
| Capital Stock | 4.9B | 2.8B | 2.1B | 2.0B | 2.0B |
| Retained Earnings | 820.0M | 613.7M | 348.5M | 326.3M | 446.6M |
| Gains Losses Not Affecting Retained Earnings | 100.6M | -14.9M | 8.3M | -10.5M | 132.0M |
| Other Equity Adjustments | 100.6M | -14.9M | 8.3M | -10.5M | 132.0M |
| Common Stock Equity | 5.8B | 3.4B | 2.4B | 2.4B | 2.6B |
| Stockholders Equity | 5.8B | 3.4B | 2.4B | 2.4B | 2.6B |
| Total Equity Gross Minority Interest | 5.8B | 3.4B | 2.4B | 2.4B | 2.6B |
| Total Capitalization | 7.2B | 4.6B | 3.2B | 3.2B | 3.1B |
| Net Tangible Assets | 5.8B | 3.4B | 2.4B | 2.4B | 2.6B |
| Tangible Book Value | 5.8B | 3.4B | 2.4B | 2.4B | 2.6B |
| Working Capital | 708.6M | 95.0M | 354.4M | 383.4M | 760.7M |
| Invested Capital | 7.3B | 4.7B | 3.4B | 3.2B | 3.1B |
| Total Debt | 1.6B | 1.4B | 945.4M | 842.1M | 567.6M |
| Net Debt | 1.1B | 1.1B | 733.0M | 627.3M | 235.2M |
| Share Issued | 785.6M | 455.2M | 318.0M | 307.4M | 301.3M |
| Ordinary Shares Number | 785.6M | 455.2M | 318.0M | 307.4M | 301.3M |
| Assets Held For Sale Current | 928.3M | 0.00 | -- | 0.00 | 207.5M |
| Available For Sale Securities | -- | 32.3M | -- | -- | -- |
| Capital Lease Obligations | 73.7M | 60.5M | 20.4M | 14.1M | 26.9M |
| Construction In Progress | 39.6M | 212.3M | 746.1M | 382.3M | 177.9M |
| Current Deferred Liabilities | 127.6M | 116.3M | 39.6M | 0.00 | -- |
| Derivative Product Liabilities | 46.7M | 46.4M | 11.1M | 8.8M | 7.2M |
| Employee Benefits | 26.6M | 11.7M | 3.0M | 1.5M | 1.4M |
| Financial Assets | -- | 81,000 | 496,000 | 525,000 | 218,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | -- | -- | 0.00 | 2.3M | 2.3M |
| Hedging Assets Current | -- | 0.00 | 17.7M | 36.2M | 124.2M |
| Income Tax Payable | 153.1M | 10.1M | 6.4M | 9.4M | 5.6M |
| Interest Payable | -- | -- | -- | -- | 0.00 |
| Investmentin Financial Assets | 0.00 | 32.3M | 0.00 | 2.3M | 2.3M |
| Investmentsin Associatesat Cost | -- | 0.00 | 29.3M | 150.8M | 125.3M |
| Long Term Provisions | 229.8M | 136.6M | 127.9M | 95.5M | 95.6M |
| Machinery Furniture Equipment | 2.5B | 1.9B | 971.9M | 820.5M | 666.2M |
| Non Current Accounts Receivable | -- | 8.6M | 13.4M | 39.8M | 19.2M |
| Non Current Deferred Assets | 0.00 | 2.3M | 0.00 | 0.00 | 10.6M |
| Non Current Deferred Liabilities | 1.6B | 1.1B | 439.2M | 271.2M | 323.8M |
| Non Current Deferred Revenue | 165.1M | 266.7M | 194.5M | 0.00 | -- |
| Non Current Deferred Taxes Assets | 0.00 | 2.3M | 0.00 | 0.00 | 10.6M |
| Non Current Deferred Taxes Liabilities | 1.4B | 800.0M | 244.7M | 271.2M | 323.8M |
| Non Current Note Receivables | 18.8M | 29.1M | 25.2M | 0.00 | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 19.3M | 6.3M | -- | -- | -- |
| Other Current Borrowings | 181.3M | 135.6M | 138.6M | -- | 26.7M |
| Other Receivables | 17.0M | 19.0M | 9.6M | 18.1M | 3.4M |
| Taxes Receivable | 41.4M | 47.1M | 62.8M | 49.8M | 32.7M |
| Total Tax Payable | 161.4M | 27.4M | 15.8M | 13.8M | 5.6M |
| Treasury Shares Number | -- | -- | 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 | 818.3M | 372.2M | 358.5M | 56.5M | 320.8M |
| Cash Flow From Continuing Operating Activities | 818.3M | 372.2M | 358.5M | 56.5M | 320.8M |
| Depreciation Amortization Depletion | 517.5M | 222.6M | 216.1M | 188.8M | 198.1M |
| Stock Based Compensation | -- | -- | -- | -- | 7.3M |
| Deferred Tax | 191.1M | 290.8M | -14.1M | 7.6M | -19.9M |
| Deferred Income Tax | 191.1M | 290.8M | -14.1M | 7.6M | -19.9M |
| Change In Working Capital | -96.8M | -58.0M | -169.0M | -87.8M | 56.7M |
| Change In Receivables | 13.3M | 7.0M | -27.1M | -14.4M | -3.8M |
| Change In Inventory | -157.8M | -72.4M | -165.7M | -69.6M | 20.2M |
| Change In Payables And Accrued Expense | 29.9M | 18.7M | 20.1M | 1.1M | 37.4M |
| Change In Payable | 29.9M | 18.7M | 20.1M | 1.1M | -- |
| Change In Other Current Liabilities | -- | -- | -- | 3.8M | 0.00 |
| Other Non Cash Items | -20.9M | -504.8M | 335.5M | -9.3M | -1.0M |
| Capital Expenditure | -692.3M | -412.1M | -523.3M | -557.1M | -344.2M |
| Purchase Of PPE | -- | -- | -- | -557.1M | -344.2M |
| Net PPE Purchase And Sale | -- | -- | -- | -557.1M | -344.2M |
| Purchase Of Business | 0.00 | -744.1M | 0.00 | -3.3M | -91.8M |
| Sale Of Business | 193.1M | 0.00 | 22.8M | 0.00 | 8.3M |
| Purchase Of Investment | -40.0M | 0.00 | -8.9M | -7.4M | 0.00 |
| Sale Of Investment | 3.0M | 48.2M | 53.4M | 92.0M | 0.00 |
| Net Investment Purchase And Sale | -37.0M | 48.2M | 44.4M | 84.6M | 0.00 |
| Investing Cash Flow | -458.7M | -1.1B | -462.7M | -419.0M | -347.6M |
| Cash Flow From Continuing Investing Activities | -458.7M | -1.1B | -462.7M | -419.0M | -347.6M |
| Issuance Of Debt | 85.0M | 560.0M | 426.2M | 299.8M | 0.00 |
| Repayment Of Debt | -146.2M | -36.8M | -329.5M | -37.2M | -55.3M |
| Net Issuance Payments Of Debt | -61.2M | 523.2M | 96.7M | 262.6M | -55.3M |
| Issuance Of Capital Stock | 0.00 | 335.6M | 40.8M | 7.2M | 59.5M |
| Net Common Stock Issuance | 0.00 | 335.6M | 40.8M | 7.2M | 59.5M |
| Financing Cash Flow | -171.9M | 792.5M | 92.5M | 254.3M | -1.6M |
| Cash Flow From Continuing Financing Activities | -171.9M | 792.5M | 92.5M | 254.3M | -1.6M |
| Effect Of Exchange Rate Changes | 2.9M | -5.6M | 2.9M | -1.1M | -6.5M |
| Changes In Cash | 187.8M | 52.9M | -11.7M | -108.2M | -28.4M |
| Beginning Cash Position | 239.3M | 192.0M | 200.8M | 310.1M | 344.9M |
| End Cash Position | 430.0M | 239.3M | 192.0M | 200.8M | 310.1M |
| Free Cash Flow | 126.0M | -39.9M | -164.8M | -500.6M | -23.4M |
| Asset Impairment Charge | -- | -31,000 | 13.8M | 0.00 | -81.4M |
| Capital Expenditure Reported | -692.3M | -412.1M | -523.3M | -557.1M | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | 29.9M | 18.7M | 20.1M | 1.1M | -- |
| Change In Prepaid Assets | 17.8M | -11.3M | 3.7M | -4.9M | 2.8M |
| Common Stock Issuance | 0.00 | 335.6M | 40.8M | 7.2M | 59.5M |
| Earnings Losses From Equity Investments | -- | -702,000 | 17.5M | 6.2M | -186.1M |
| Gain Loss On Investment Securities | 114.0M | 123.3M | -31.6M | 53.8M | -90.6M |
| Gain Loss On Sale Of Business | -- | 0.00 | -34.5M | 0.00 | -- |
| Interest Paid Cff | -132.6M | -112.6M | -65.9M | -33.6M | -22.1M |
| Long Term Debt Issuance | 85.0M | 560.0M | 426.2M | 299.8M | 0.00 |
| Long Term Debt Payments | -121.4M | -29.5M | -329.5M | -37.2M | -55.3M |
| Net Business Purchase And Sale | 193.1M | -744.1M | 22.8M | -3.3M | -83.5M |
| Net Foreign Currency Exchange Gain Loss | 21.1M | -21.4M | 9.4M | 12.6M | -3.0M |
| Net Income From Continuing Operations | 221.5M | 339.3M | 28.9M | -106.0M | 554.9M |
| Net Long Term Debt Issuance | -36.4M | 530.5M | 96.7M | 262.6M | -55.3M |
| Net Other Financing Charges | 21.9M | 46.4M | 17.4M | 6.6M | -1.3M |
| Net Other Investing Changes | 77.5M | -3.7M | -6.7M | 56.8M | 80.2M |
| Net Short Term Debt Issuance | -24.9M | -7.3M | 253.7M | 299.8M | 0.00 |
| Operating Gains Losses | 135.1M | 101.9M | -39.1M | 84.9M | -361.6M |
| Proceeds From Stock Option Exercised | -- | 2.5M | 3.5M | 11.5M | 17.7M |
| Provisionand Write Offof Assets | -- | -- | 13.8M | 446,000 | -- |
| Short Term Debt Issuance | -- | -- | 253.7M | 299.8M | 0.00 |
| Short Term Debt Payments | -24.9M | -7.3M | -- | -- | -- |
| Taxes Refund Paid | -129.2M | -19.6M | -13.6M | -22.1M | -24.9M |