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 | 494.4M | 344.5M | 172.8M | 133.6M |
| Operating Revenue | 494.4M | 344.5M | 172.8M | 133.6M |
| Cost Of Revenue | 333.2M | 357.9M | 201.5M | 123.2M |
| Gross Profit | 161.2M | -13.5M | -28.7M | 10.4M |
| Selling General And Administration | 6.3M | 4.6M | 4.2M | 4.4M |
| General And Administrative Expense | 6.3M | 4.6M | 4.2M | 4.4M |
| Other Operating Expenses | 9.7M | 13.4M | 75.4M | 39.3M |
| Operating Expense | 16.0M | 17.9M | 79.6M | 43.7M |
| Operating Income | 145.2M | -31.4M | -108.3M | -33.3M |
| EBIT | 148.5M | -30.8M | -79.9M | -29.1M |
| Interest Expense | 36.9M | 31.3M | 8.9M | 1.5M |
| Interest Expense Non Operating | 36.9M | 31.3M | 8.9M | 1.5M |
| Interest Income | 2.2M | 1.9M | 1.0M | 383,000 |
| Interest Income Non Operating | 2.2M | 1.9M | 1.0M | 383,000 |
| Net Interest Income | -34.7M | -29.4M | -7.9M | -1.1M |
| Other Income Expense | 1.1M | -1.4M | 27.4M | 3.8M |
| Other Non Operating Income Expenses | -- | 1,000 | -- | 31,000 |
| Special Income Charges | 100,000 | -916,000 | 26.9M | 3.7M |
| Gain On Sale Of Security | 967,000 | -443,000 | 570,000 | 128,000 |
| Pretax Income | 111.6M | -62.2M | -88.8M | -30.6M |
| Tax Provision | 5.3M | -25.4M | -12.8M | -4.6M |
| Tax Effect Of Unusual Items | 50,149 | -543,600 | 4.0M | 565,157 |
| Net Income From Continuing And Discontinued Operation | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Income From Continuing Operation Net Minority Interest | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Income Including Noncontrolling Interests | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Income Common Stockholders | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Income | 106.3M | -36.7M | -76.0M | -26.1M |
| EBITDA | 210.0M | 18.0M | -39.9M | 11.8M |
| Normalized EBITDA | 208.9M | 19.4M | -67.4M | 8.0M |
| Reconciled Depreciation | 61.5M | 48.9M | 39.9M | 41.0M |
| Basic EPS | 0.66 | -0.23 | -0.51 | -0.19 |
| Diluted EPS | 0.65 | -0.23 | -0.51 | -0.19 |
| Basic Average Shares | 161.9M | 157.2M | 148.4M | 135.2M |
| Diluted Average Shares | 162.4M | 157.2M | 148.4M | 135.2M |
| Total Unusual Items | 1.1M | -1.4M | 27.4M | 3.8M |
| Total Unusual Items Excluding Goodwill | 1.1M | -1.4M | 27.4M | 3.8M |
| Tax Rate For Calcs | 0.05 | 0.40 | 0.14 | 0.15 |
| Normalized Income | 105.2M | -35.9M | -99.5M | -29.3M |
| Diluted NI Availto Com Stockholders | 106.3M | -36.7M | -76.0M | -26.1M |
| Gain On Sale Of Ppe | 100,000 | -916,000 | 16.9M | 3.7M |
| Impairment Of Capital Assets | -- | -- | -- | -3.6M |
| Net Income Continuous Operations | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Non Operating Interest Income Expense | -34.7M | -29.4M | -7.9M | -1.1M |
| Other Gand A | 6.3M | 4.6M | 4.2M | 4.4M |
| Other Special Charges | -- | -- | -10.0M | -- |
| Reconciled Cost Of Revenue | 333.2M | 357.9M | 201.5M | 123.2M |
| Total Expenses | 349.2M | 375.9M | 281.1M | 166.9M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 58.1M | 24.9M | 27.5M | 33.3M |
| Cash Cash Equivalents And Short Term Investments | 58.1M | 24.9M | 27.5M | 33.4M |
| Cash Financial | -- | 24.9M | 27.5M | 33.3M |
| Other Short Term Investments | -- | -- | 0.00 | 81,000 |
| Accounts Receivable | 23.6M | 19.2M | 19.2M | 4.2M |
| Receivables | 30.1M | 32.0M | 30.0M | 8.9M |
| Inventory | 85.5M | 57.3M | 51.6M | 27.6M |
| Prepaid Assets | 6.0M | 5.7M | 5.1M | 3.6M |
| Current Assets | 179.7M | 119.9M | 114.3M | 73.5M |
| Gross PPE | 2.1B | 1.9B | 1.7B | 1.6B |
| Accumulated Depreciation | -682.5M | -614.9M | -588.8M | -550.3M |
| Net PPE | 1.4B | 1.2B | 1.1B | 1.1B |
| Other Non Current Assets | 41.9M | 36.9M | 34.0M | 38.1M |
| Total Non Current Assets | 1.5B | 1.3B | 1.2B | 1.1B |
| Total Assets | 1.7B | 1.4B | 1.3B | 1.2B |
| Current Debt | 277.5M | 206.6M | 108.6M | 32.4M |
| Current Debt And Capital Lease Obligation | 277.5M | 206.6M | 108.6M | 32.4M |
| Accounts Payable | 77.7M | 69.3M | 70.8M | 59.6M |
| Payables | 80.0M | 70.1M | 70.8M | 59.7M |
| Payables And Accrued Expenses | 99.8M | 80.9M | 70.8M | 59.7M |
| Current Accrued Expenses | 19.8M | 10.8M | -- | -- |
| Current Liabilities | 377.3M | 287.5M | 179.4M | 92.6M |
| Long Term Debt | 95.3M | 113.1M | 89.2M | 2.6M |
| Long Term Debt And Capital Lease Obligation | 95.3M | 113.1M | 89.2M | 2.6M |
| Total Non Current Liabilities Net Minority Interest | 457.0M | 408.2M | 384.6M | 330.7M |
| Total Liabilities Net Minority Interest | 834.2M | 695.8M | 564.0M | 423.2M |
| Common Stock | 437.0M | 437.0M | 420.4M | 379.6M |
| Capital Stock | 437.0M | 437.0M | 420.4M | 379.6M |
| Additional Paid In Capital | 50.0M | 49.5M | 48.7M | 41.4M |
| Retained Earnings | 328.1M | 221.8M | 258.6M | 334.5M |
| Gains Losses Not Affecting Retained Earnings | 8.5M | 7.9M | 8.0M | 7.6M |
| Common Stock Equity | 823.6M | 716.2M | 735.7M | 763.1M |
| Stockholders Equity | 823.6M | 716.2M | 735.7M | 763.1M |
| Total Equity Gross Minority Interest | 823.6M | 716.2M | 735.7M | 763.1M |
| Total Capitalization | 919.0M | 829.4M | 824.9M | 765.7M |
| Net Tangible Assets | 823.6M | 716.2M | 735.7M | 763.1M |
| Tangible Book Value | 823.6M | 716.2M | 735.7M | 763.1M |
| Working Capital | -197.5M | -167.6M | -65.1M | -19.1M |
| Invested Capital | 1.2B | 1.0B | 933.5M | 798.1M |
| Total Debt | 372.9M | 319.8M | 197.8M | 35.0M |
| Net Debt | 314.7M | 294.9M | 170.2M | 1.7M |
| Share Issued | 161.9M | 161.9M | 154.9M | 142.6M |
| Ordinary Shares Number | 161.9M | 161.9M | 154.9M | 142.6M |
| Current Notes Payable | -- | 103.5M | 101.0M | 29.5M |
| Current Provisions | -- | -- | -- | 486,000 |
| Finished Goods | 19.7M | 18.6M | 22.6M | 7.4M |
| Foreign Currency Translation Adjustments | 8.5M | 7.9M | 8.0M | 7.6M |
| Interest Payable | 13.4M | 6.1M | -- | -- |
| Line Of Credit | 90.5M | 103.5M | -- | -- |
| Long Term Provisions | 217.2M | 149.3M | 130.0M | 147.6M |
| Machinery Furniture Equipment | 911.3M | 817.7M | 738.0M | 656.7M |
| Non Current Deferred Assets | 5.1M | 8.2M | 5.1M | 10.0M |
| Non Current Deferred Liabilities | 141.2M | 142.3M | 165.4M | 180.5M |
| Non Current Deferred Taxes Assets | 5.1M | 8.2M | 5.1M | 10.0M |
| Non Current Deferred Taxes Liabilities | 141.2M | 142.3M | 165.4M | 180.5M |
| Other Current Borrowings | 187.0M | 103.1M | 7.6M | 2.9M |
| Raw Materials | 65.8M | 38.6M | 29.0M | 20.2M |
| Taxes Receivable | 6.6M | 12.9M | 10.8M | 4.6M |
| Total Tax Payable | 2.3M | 741,000 | 0.00 | 91,000 |
| Tradeand Other Payables Non Current | 3.2M | 3.4M | 0.00 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 155.4M | -3.8M | -86.8M | 15.0M |
| Cash Flow From Continuing Operating Activities | 155.4M | -3.8M | -86.8M | 15.0M |
| Depreciation Amortization Depletion | 61.5M | 48.9M | 39.9M | 41.0M |
| Stock Based Compensation | 552,000 | 709,000 | 189,000 | 405,000 |
| Deferred Tax | 1.9M | -26.3M | -12.7M | -5.3M |
| Deferred Income Tax | 1.9M | -26.3M | -12.7M | -5.3M |
| Change In Working Capital | -20.4M | -3.3M | -26.6M | 6.2M |
| Change In Receivables | -4.1M | -1.9M | -13.0M | -410,000 |
| Change In Inventory | -27.8M | -8.9M | -19.7M | -6.4M |
| Change In Payables And Accrued Expense | 11.8M | 8.0M | 8.1M | 14.3M |
| Change In Payable | 11.8M | 8.0M | 8.1M | 14.3M |
| Change In Other Working Capital | -- | -- | -487,000 | -584,000 |
| Other Non Cash Items | 42.0M | 36.1M | 13.0M | 4.6M |
| Capital Expenditure | -182.2M | -122.5M | -144.5M | -102.2M |
| Purchase Of PPE | -182.2M | -122.5M | -144.5M | -102.2M |
| Net PPE Purchase And Sale | -182.1M | -122.1M | -121.8M | -102.2M |
| Investing Cash Flow | -161.1M | -125.3M | -127.8M | -102.9M |
| Cash Flow From Continuing Investing Activities | -161.1M | -125.3M | -127.8M | -102.9M |
| Issuance Of Debt | 159.3M | 146.7M | 214.2M | 65.0M |
| Repayment Of Debt | -121.7M | -36.8M | -46.6M | -38.0M |
| Net Issuance Payments Of Debt | 37.6M | 109.9M | 167.5M | 27.0M |
| Issuance Of Capital Stock | 0.00 | 16.6M | 40.7M | 60.1M |
| Net Common Stock Issuance | 0.00 | 16.6M | 40.7M | 60.1M |
| Financing Cash Flow | 37.6M | 126.6M | 208.3M | 87.2M |
| Cash Flow From Continuing Financing Activities | 37.6M | 126.6M | 208.3M | 87.2M |
| Effect Of Exchange Rate Changes | 1.2M | -21,000 | 534,000 | -35,000 |
| Changes In Cash | 32.0M | -2.6M | -6.3M | -676,000 |
| Beginning Cash Position | 24.9M | 27.5M | 33.3M | 34.0M |
| End Cash Position | 58.1M | 24.9M | 27.5M | 33.3M |
| Free Cash Flow | -26.8M | -126.3M | -231.3M | -87.2M |
| Asset Impairment Charge | -- | 107,000 | 189,000 | -3.6M |
| Change In Account Payable | 8.4M | 7.1M | 7.9M | 13.6M |
| Change In Income Tax Payable | 3.4M | 891,000 | 230,000 | 727,000 |
| Change In Prepaid Assets | -336,000 | -545,000 | -1.5M | -763,000 |
| Change In Tax Payable | 3.4M | 891,000 | 230,000 | 727,000 |
| Common Stock Issuance | 0.00 | 16.6M | 40.7M | 60.1M |
| Gain Loss On Sale Of PPE | -100,000 | 916,000 | -17.1M | 0.00 |
| Interest Paid Cfo | -33.8M | -23.9M | -6.9M | -1.3M |
| Long Term Debt Issuance | 55.0M | 83.6M | 99.7M | 10.0M |
| Long Term Debt Payments | -52.7M | -5.3M | -3.6M | -12.5M |
| Net Foreign Currency Exchange Gain Loss | -967,000 | 15,000 | -490,000 | 31,000 |
| Net Income From Continuing Operations | 106.3M | -36.7M | -76.0M | -26.1M |
| Net Long Term Debt Issuance | 2.3M | 78.3M | 96.0M | -2.5M |
| Net Other Investing Changes | 21.0M | -3.2M | -6.0M | -741,000 |
| Net Short Term Debt Issuance | 35.3M | 31.6M | 71.5M | 29.5M |
| Operating Gains Losses | -1.1M | 931,000 | -17.5M | 31,000 |
| Proceeds From Stock Option Exercised | -- | 0.00 | 7,000 | 98,000 |
| Sale Of PPE | 158,000 | 344,000 | 22.7M | 27,000 |
| Short Term Debt Issuance | 104.3M | 63.1M | 114.5M | 55.0M |
| Short Term Debt Payments | -69.0M | -31.5M | -43.0M | -25.5M |
| Taxes Refund Paid | -1.6M | -150,000 | -321,000 | -949,000 |