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 | 60.4B | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 60.4B | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 60.5B | 42.7B | 51.7B | -- | -- |
| Gross Profit | -115.9M | -109.3M | -106.7M | -- | -- |
| Selling General And Administration | 257.9M | 3.2M | 2.2M | 2.5M | 4.3M |
| General And Administrative Expense | 257.9M | 3.2M | 2.2M | 2.5M | 4.3M |
| Other Operating Expenses | -948.9M | -1.2B | -582.9M | -- | -- |
| Operating Expense | -691.0M | 3.2M | 2.2M | 2.5M | 4.3M |
| Operating Income | 575.1M | -3.2M | -2.2M | -2.5M | -4.3M |
| EBIT | -211.4M | -3.2M | -2.2M | -2.5M | -4.3M |
| Interest Expense | 59.2M | 30.8M | 27.3M | -- | -- |
| Interest Expense Non Operating | 59.2M | 30.8M | 27.3M | -- | -- |
| Interest Income | -- | 7.7M | 5.1M | 1.9M | 0.00 |
| Interest Income Non Operating | -- | 7.7M | 5.1M | 1.9M | 0.00 |
| Net Interest Income | -59.2M | 7.7M | 5.1M | 1.9M | 0.00 |
| Other Income Expense | -786.5M | 126.2M | 490.3M | -578.0M | 508.3M |
| Other Non Operating Income Expenses | 2.7M | 821,000 | -9,000 | 6.0M | -2.5M |
| Special Income Charges | -753.7M | 0.00 | 390.9M | -252.5M | 0.00 |
| Write Off | -- | 0.00 | -390.9M | 252.5M | 0.00 |
| Gain On Sale Of Security | -35.5M | -31.7M | -9.6M | -- | -- |
| Earnings From Equity Interest | -- | 125.4M | 99.4M | -331.5M | 510.8M |
| Pretax Income | -270.7M | 130.7M | 493.2M | -578.6M | 504.0M |
| Tax Provision | -29.3M | 51.9M | 38.5M | -55.9M | 102.0M |
| Tax Effect Of Unusual Items | -85.5M | 0.00 | 30.5M | -24.4M | 0.00 |
| Net Income From Continuing And Discontinued Operation | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Income From Continuing Operation Net Minority Interest | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Income Including Noncontrolling Interests | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Income Common Stockholders | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Income | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| EBITDA | -177.4M | -3.2M | -2.2M | -2.5M | -4.3M |
| Normalized EBITDA | 611.9M | -3.2M | -393.0M | 250.0M | -4.3M |
| Reconciled Depreciation | 34.1M | 46.9M | 22.9M | -- | -- |
| Basic EPS | -1.52 | 0.96 | 0.72 | -4.99 | -- |
| Diluted EPS | -1.52 | 0.84 | 0.60 | -4.99 | -- |
| Basic Average Shares | 159.2M | 120.8M | 105.7M | 104.8M | -- |
| Diluted Average Shares | 366.5M | 356.7M | 326.0M | 104.8M | -- |
| Total Unusual Items | -789.2M | 0.00 | 390.9M | -252.5M | 0.00 |
| Total Unusual Items Excluding Goodwill | -789.2M | 0.00 | 390.9M | -252.5M | 0.00 |
| Tax Rate For Calcs | 0.11 | 0.40 | 0.08 | 0.10 | 0.20 |
| Normalized Income | 462.4M | 78.9M | 94.4M | -294.6M | 402.1M |
| Average Dilution Earnings | -- | 0.00 | 9.4M | 0.00 | 928.4M |
| Diluted NI Availto Com Stockholders | -241.3M | 78.9M | 464.1M | -522.7M | 1.3B |
| Impairment Of Capital Assets | 753.7M | 331.9M | 98.3M | -- | -- |
| Net Income Continuous Operations | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Non Operating Interest Income Expense | -59.2M | 7.7M | 5.1M | 1.9M | 0.00 |
| Other Gand A | 257.9M | 2.4M | 1.2M | 1.5M | 3.7M |
| Other Taxes | -- | -- | -- | -6.0M | 2.5M |
| Reconciled Cost Of Revenue | 60.5B | 42.7B | 51.7B | -- | -- |
| Salaries And Wages | -- | 810,000 | 926,000 | 986,000 | 565,000 |
| Total Expenses | 59.8B | 3.2M | 2.2M | 2.5M | 4.3M |
| 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 | 1.2B | 1.8M | 833,000 | 10.0M | 26.8M |
| Cash Cash Equivalents And Short Term Investments | 2.9B | 1.8M | 833,000 | 10.0M | 26.8M |
| Cash Financial | -- | 1.8M | 833,000 | 10.0M | 26.8M |
| Other Short Term Investments | 1.7B | 1.2B | -- | -- | -- |
| Accounts Receivable | 34.0M | 12,000 | 123,000 | 16,000 | 3,000 |
| Receivables | 1.7B | 114.6M | 88.4M | 68.9M | 20.5M |
| Prepaid Assets | 34.2M | 4.8M | -- | -- | -- |
| Other Current Assets | 2.8B | 2.5B | -- | -- | -- |
| Current Assets | 8.5B | 116.4M | 89.2M | 78.9M | 47.3M |
| Gross PPE | 1.5B | 346.0M | -- | -- | -- |
| Accumulated Depreciation | -118.4M | -108.9M | -- | -- | -- |
| Net PPE | 1.4B | 237.0M | -- | -- | -- |
| Goodwill | 66.5M | 58.0M | -- | -- | -- |
| Goodwill And Other Intangible Assets | 93.3M | 79.0M | -- | -- | -- |
| Other Intangible Assets | 26.8M | 21.0M | -- | -- | -- |
| Investments And Advances | 1.0B | 1.0B | 763.9M | 257.8M | 841.5M |
| Long Term Equity Investment | -- | 1.0B | 763.9M | 257.8M | 841.5M |
| Other Non Current Assets | 276.3M | 107.1M | -- | -- | -- |
| Total Non Current Assets | 2.8B | 1.0B | 786.0M | 315.4M | 841.5M |
| Total Assets | 11.3B | 1.1B | 875.2M | 394.3M | 888.8M |
| Current Debt | 2.8B | 2.1B | -- | -- | -- |
| Current Debt And Capital Lease Obligation | 2.8B | 2.1B | -- | -- | -- |
| Accounts Payable | 17.6M | 6.9M | -- | -- | -- |
| Payables | 2.2B | 43.5M | 57.2M | 56.8M | 46.1M |
| Payables And Accrued Expenses | 2.2B | 43.5M | 57.2M | 56.8M | 46.1M |
| Current Accrued Expenses | 22.9M | 18.7M | -- | -- | -- |
| Current Deferred Revenue | 441,000 | 358,000 | -- | -- | -- |
| Other Current Liabilities | 125.5M | 178.9M | -- | -- | 20.5M |
| Current Liabilities | 5.3B | 43.5M | 57.2M | 56.8M | 66.6M |
| Long Term Debt | 2.5B | 845.2M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 2.5B | 852.1M | -- | -- | -- |
| Long Term Capital Lease Obligation | 8.6M | 6.9M | -- | -- | -- |
| Other Non Current Liabilities | 111.9M | 142.5M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 3.0B | 54.7M | 37.0M | 38.2M | 35.9M |
| Total Liabilities Net Minority Interest | 8.3B | 98.2M | 94.2M | 95.0M | 102.5M |
| Common Stock | 192,000 | 564.3M | 422.2M | 419.9M | 417.4M |
| Capital Stock | 192,000 | 564.3M | 422.2M | 419.9M | 417.4M |
| Additional Paid In Capital | 1.6B | 0.00 | -- | -- | -- |
| Retained Earnings | 342.9M | 342.9M | 264.1M | -190.7M | 332.0M |
| Gains Losses Not Affecting Retained Earnings | -2.0M | 115.9M | 94.8M | 70.1M | 36.9M |
| Other Equity Adjustments | -2.0M | 115.9M | 94.8M | 70.1M | 36.9M |
| Common Stock Equity | 2.0B | 1.0B | 781.0M | 299.3M | 786.3M |
| Stockholders Equity | 2.0B | 1.0B | 781.0M | 299.3M | 786.3M |
| Total Equity Gross Minority Interest | 3.0B | 1.0B | 781.0M | 299.3M | 786.3M |
| Minority Interest | 1.1B | 0.00 | -- | -- | -- |
| Total Capitalization | 4.4B | 1.0B | 781.0M | 299.3M | 786.3M |
| Net Tangible Assets | 1.9B | 1.0B | 781.0M | 299.3M | 786.3M |
| Tangible Book Value | 1.9B | 1.0B | 781.0M | 299.3M | 786.3M |
| Working Capital | 3.2B | 72.9M | 32.0M | 22.1M | -19.3M |
| Invested Capital | 7.3B | 1.0B | 781.0M | 299.3M | 786.3M |
| Total Debt | 5.3B | 3.0B | -- | -- | -- |
| Net Debt | 4.1B | 2.5B | -- | -- | -- |
| Share Issued | 192.7M | 127.6M | 109.3M | 104.8M | 101.6M |
| Ordinary Shares Number | 192.7M | 127.6M | 109.3M | 104.8M | 101.6M |
| Capital Lease Obligations | 8.6M | 6.9M | -- | -- | -- |
| Construction In Progress | 1.3B | 35.8M | -- | -- | -- |
| Current Deferred Liabilities | 441,000 | 358,000 | -- | -- | -- |
| Current Notes Payable | 0.00 | 96.9M | -- | -- | -- |
| Duefrom Related Parties Current | -- | 95.8M | 66.0M | 45.2M | 0.00 |
| Dueto Related Parties Current | -- | -- | -- | 0.00 | 25.2M |
| Hedging Assets Current | 83.8M | 207.7M | -- | -- | -- |
| Interest Payable | 13.2M | 15.5M | -- | -- | -- |
| Investmentsin Associatesat Cost | -- | 1.0B | 763.9M | 257.8M | 841.5M |
| Land And Improvements | 35.3M | 12.8M | -- | -- | -- |
| Loans Receivable | 1.6B | 1.1B | -- | -- | -- |
| Non Current Accounts Receivable | 4.7M | 7.1M | -- | -- | -- |
| Non Current Deferred Assets | -- | 0.00 | 22.2M | 57.6M | 0.00 |
| Non Current Deferred Liabilities | 183.3M | 17.7M | 0.00 | 0.00 | 30.6M |
| Non Current Deferred Revenue | 183.3M | 0.00 | -- | -- | -- |
| Non Current Deferred Taxes Assets | -- | 0.00 | 22.2M | 57.6M | 0.00 |
| Non Current Deferred Taxes Liabilities | -- | 17.7M | 0.00 | 0.00 | 30.6M |
| Non Current Note Receivables | 11.5M | 0.00 | -- | -- | -- |
| Other Current Borrowings | 2.8B | 2.0B | -- | -- | -- |
| Other Payable | 2.2B | 1.5B | -- | -- | -- |
| Other Properties | 82.8M | 124.8M | -- | -- | -- |
| Other Receivables | 3.8M | 282,000 | 267,000 | 653,000 | 20.5M |
| Pensionand Other Post Retirement Benefit Plans Current | 93.6M | 71.6M | -- | -- | -- |
| Properties | 79.2M | 172.6M | -- | -- | -- |
| Restricted Cash | 1.0B | 363.0M | -- | -- | -- |
| Taxes Receivable | 17.2M | 18.5M | 22.1M | 23.0M | 0.00 |
| Total Tax Payable | 3.4M | 43.5M | 57.2M | 56.8M | 20.9M |
| Tradeand Other Payables Non Current | 209.3M | 37.0M | 37.0M | 38.2M | 5.3M |
| 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 | -316.6M | -18.5M | -16.5M | -76.8M | -19.5M |
| Cash Flow From Continuing Operating Activities | -316.6M | -18.5M | -16.5M | -76.8M | -19.5M |
| Depreciation And Amortization | 34.1M | 46.9M | 22.9M | -- | -- |
| Depreciation Amortization Depletion | 34.1M | 46.9M | 22.9M | -- | -- |
| Stock Based Compensation | 53.6M | 74.9M | 81.7M | -- | -- |
| Deferred Tax | 41.1M | 64.8M | 36.2M | -112.5M | 61.4M |
| Deferred Income Tax | 41.1M | 64.8M | 36.2M | -112.5M | 61.4M |
| Change In Working Capital | 676.0M | -40.0M | -19.6M | -28.1M | 23.7M |
| Changes In Account Receivables | 24.7M | 3.5M | -107,000 | -13,000 | -3,000 |
| Change In Receivables | 25.2M | -26.3M | -21.2M | -96.9M | -3,000 |
| Change In Payables And Accrued Expense | 17.9M | -13.7M | 1.6M | 68.8M | 23.7M |
| Change In Payable | -- | -13.7M | 1.6M | 68.8M | 23.7M |
| Change In Other Working Capital | 266.6M | 304.7M | 73.7M | -73.2M | -- |
| Change In Other Current Assets | 188.2M | 153.2M | 150.3M | -- | -- |
| Change In Other Current Liabilities | 251.6M | -294.8M | -17.7M | -- | -- |
| Other Non Cash Items | -1.3B | 76,000 | 269,000 | -- | -- |
| Capital Expenditure | -1.2B | -59.0M | -45.6M | -- | -- |
| Purchase Of PPE | -1.2B | -59.0M | -45.6M | -- | -- |
| Net PPE Purchase And Sale | -1.2B | -56.1M | -45.0M | -- | -- |
| Purchase Of Business | -7.8M | -104.8M | 0.00 | -- | -- |
| Sale Of Business | -- | -- | 6.9M | 107.4M | 12.2M |
| Purchase Of Investment | -2.6B | -3.3B | -192.3M | -- | -- |
| Sale Of Investment | 2.6B | 2.9B | 209.5M | -- | -- |
| Net Investment Purchase And Sale | -5.1M | -382.0M | 17.2M | -- | -- |
| Investing Cash Flow | -1.3B | -85.3M | 6.9M | 107.4M | 12.2M |
| Cash Flow From Continuing Investing Activities | -1.3B | -85.3M | 6.9M | 107.4M | 12.2M |
| Issuance Of Debt | 2.5B | 1.0B | 117.2M | -- | -- |
| Repayment Of Debt | -820.9M | -228.6M | -25.7M | -- | -- |
| Net Issuance Payments Of Debt | 1.7B | 806.5M | 91.5M | -- | -- |
| Issuance Of Capital Stock | -- | 125.4M | 11.1M | 5.9M | 34.1M |
| Repurchase Of Capital Stock | -51.4M | -20.5M | -10.7M | -53.3M | 0.00 |
| Net Common Stock Issuance | -51.4M | 104.8M | 439,000 | -47.4M | 34.1M |
| Common Stock Dividend Paid | -49.3M | -55.3M | -22.4M | -- | -- |
| Common Stock Payments | -51.4M | -20.5M | -10.7M | -53.3M | 0.00 |
| Financing Cash Flow | 2.4B | 104.8M | 439,000 | -47.4M | 34.1M |
| Cash Flow From Continuing Financing Activities | 2.4B | 104.8M | 439,000 | -47.4M | 34.1M |
| Changes In Cash | 784.1M | 979,000 | -9.2M | -16.8M | 26.8M |
| Beginning Cash Position | 462.1M | 833,000 | 10.0M | 26.8M | 0.00 |
| End Cash Position | 1.2B | 1.8M | 833,000 | 10.0M | 26.8M |
| Free Cash Flow | -1.5B | -18.5M | -16.5M | -76.8M | -19.5M |
| Income Tax Paid Supplemental Data | 5.8M | 8.6M | 2.8M | 3.1M | 19.7M |
| Interest Paid Supplemental Data | 53.3M | 51.1M | 23.3M | -- | -- |
| Asset Impairment Charge | 344.2M | 0.00 | -390.9M | 252.5M | 0.00 |
| Cash Dividends Paid | -49.3M | -55.3M | -22.4M | -- | -- |
| Change In Income Tax Payable | -- | -13.7M | 1.6M | 68.8M | 23.7M |
| Change In Prepaid Assets | -73.4M | 10.0M | -8.5M | -- | -- |
| Change In Tax Payable | -- | -13.7M | 1.6M | 68.8M | 23.7M |
| Common Stock Issuance | -- | 125.4M | 11.1M | 5.9M | 34.1M |
| Dividends Received Cfi | -- | 19.5M | 6.9M | -- | -- |
| Earnings Losses From Equity Investments | -- | -122.2M | -97.2M | 334.0M | -506.7M |
| Gain Loss On Investment Securities | 35.5M | 31.7M | 9.6M | -- | -- |
| Long Term Debt Issuance | 2.1B | 388.9M | 0.00 | -- | -- |
| Net Business Purchase And Sale | -7.8M | -104.8M | 0.00 | 107.4M | 12.2M |
| Net Income From Continuing Operations | -241.3M | 78.9M | 454.8M | -522.7M | 402.1M |
| Net Long Term Debt Issuance | 2.1B | 388.9M | 0.00 | -- | -- |
| Net Other Financing Charges | 834.1M | 141.4M | 5.0M | -- | -- |
| Net Other Investing Changes | -96.5M | -78.5M | -213.1M | -- | -- |
| Net Short Term Debt Issuance | -440.6M | 417.6M | 91.5M | -- | -- |
| Operating Gains Losses | 35.5M | -122.2M | -97.2M | 334.0M | -506.7M |
| Proceeds From Stock Option Exercised | -- | -- | -- | -- | 34.1M |
| Provisionand Write Offof Assets | -2.6M | 3.6M | 0.00 | -- | -- |
| Sale Of PPE | 11.3M | 3.0M | 653,000 | -- | -- |
| Short Term Debt Issuance | 380.3M | 646.2M | 117.2M | -- | -- |
| Short Term Debt Payments | -820.9M | -228.6M | -25.7M | -- | -- |