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 | 426.5M | 97.7M | 76.1M | -- |
| Operating Revenue | 426.5M | 97.7M | 76.1M | -- |
| Cost Of Revenue | 308.4M | 53.6M | 30.0M | -- |
| Gross Profit | 118.2M | 44.0M | 46.1M | -- |
| Selling General And Administration | 9.0M | 14.4M | 9.1M | -- |
| General And Administrative Expense | 9.0M | 14.4M | 9.1M | -- |
| Depreciation And Amortization In Income Statement | 31.5M | 25.6M | 19.4M | -- |
| Operating Expense | 40.4M | 40.0M | 28.5M | -- |
| Operating Income | 77.7M | 4.0M | 17.6M | -- |
| EBIT | -436.4M | -42.0M | 43.1M | -- |
| Interest Expense | 37.1M | 21.8M | 7.2M | -- |
| Interest Expense Non Operating | 37.1M | 21.8M | 7.2M | -- |
| Net Interest Income | -37.1M | -21.8M | -6.4M | -- |
| Other Income Expense | -514.1M | -46.0M | 24.6M | -- |
| Special Income Charges | -492.0M | -111,000 | -964,000 | -- |
| Restructuring And Mergern Acquisition | 2.1M | 111,000 | 964,000 | -- |
| Write Off | 801,000 | 0.00 | -- | -- |
| Gain On Sale Of Security | -26.7M | -46.6M | 25.4M | -- |
| Earnings From Equity Interest | 4.5M | 680,000 | 221,000 | -- |
| Pretax Income | -473.5M | -63.9M | 35.9M | -- |
| Tax Provision | -115.6M | -22.8M | 10.0M | -- |
| Tax Effect Of Unusual Items | -126.7M | -16.7M | 6.8M | -- |
| Net Income From Continuing And Discontinued Operation | -357.8M | -41.0M | 25.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | -357.8M | -41.0M | 25.9M | -- |
| Net Income Including Noncontrolling Interests | -357.8M | -41.0M | 25.9M | -- |
| Minority Interests | 0.00 | 0.00 | 0.00 | -- |
| Net Income Common Stockholders | -357.8M | -41.0M | 25.9M | -- |
| Net Income | -357.8M | -41.0M | 25.9M | -- |
| EBITDA | -404.9M | -16.4M | 62.5M | -- |
| Normalized EBITDA | 113.7M | 30.3M | 38.1M | -- |
| Reconciled Depreciation | 31.5M | 25.6M | 19.4M | -- |
| Basic EPS | -10.15 | -1.18 | 0.75 | -- |
| Diluted EPS | -10.15 | -1.18 | 0.74 | -- |
| Basic Average Shares | 35.3M | 34.7M | 34.7M | -- |
| Diluted Average Shares | 35.3M | 34.7M | 34.9M | -- |
| Total Unusual Items | -518.7M | -46.7M | 24.4M | -- |
| Total Unusual Items Excluding Goodwill | -518.7M | -46.7M | 24.4M | -- |
| Tax Rate For Calcs | 0.24 | 0.36 | 0.28 | -- |
| Normalized Income | 34.2M | -11.0M | 8.3M | -- |
| Depreciation Amortization Depletion Income Statement | 31.5M | 25.6M | 19.4M | -- |
| Depreciation Income Statement | 31.5M | 25.6M | 19.4M | -- |
| Diluted NI Availto Com Stockholders | -357.8M | -41.0M | 25.9M | -- |
| Gain On Sale Of Ppe | -489.0M | 0.00 | -- | -- |
| Net Income Continuous Operations | -357.8M | -41.0M | 25.9M | -- |
| Net Non Operating Interest Income Expense | -37.1M | -21.8M | -6.4M | -- |
| Other Gand A | 9.1M | 9.6M | 5.8M | -- |
| Reconciled Cost Of Revenue | 308.4M | 53.6M | 30.0M | -- |
| Salaries And Wages | -181,000 | 4.8M | 3.2M | -- |
| Total Expenses | 348.8M | 93.7M | 58.5M | -- |
| Total Operating Income As Reported | 77.7M | 4.0M | 17.6M | -- |
| Total Other Finance Cost | -- | -- | -800,000 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 44,000 | 105,000 | 11.4M | 1.0M |
| Cash Cash Equivalents And Short Term Investments | 44,000 | 105,000 | 11.4M | 1.0M |
| Cash Financial | -- | -- | 11.4M | 1.0M |
| Accounts Receivable | 13.9M | 7.0M | 3.9M | 7.0M |
| Receivables | 13.9M | 7.0M | 3.9M | 7.0M |
| Inventory | 42.2M | 43.8M | 24.6M | 0.00 |
| Prepaid Assets | -- | -- | -- | 474,000 |
| Other Current Assets | 3.4M | 8.3M | 403,000 | 474,000 |
| Current Assets | 73.9M | 59.5M | 54.3M | 9.1M |
| Gross PPE | 326.9M | 1.0B | 924.7M | 728.6M |
| Accumulated Depreciation | -29.7M | -51.5M | -26.0M | -6.7M |
| Net PPE | 297.2M | 996.2M | 898.7M | 721.9M |
| Investments And Advances | 35.4M | 31.0M | 30.3M | 0.00 |
| Long Term Equity Investment | 35.4M | 30.9M | 30.2M | 0.00 |
| Total Non Current Assets | 332.6M | 1.0B | 939.0M | 721.9M |
| Total Assets | 406.5M | 1.1B | 993.3M | 731.0M |
| Current Debt And Capital Lease Obligation | 7.0M | 201.6M | 6.1M | 5.5M |
| Payables And Accrued Expenses | 25.0M | 61.8M | 55.3M | 1.8M |
| Other Current Liabilities | 29.4M | 30.5M | 20.2M | -- |
| Current Liabilities | 61.4M | 293.9M | 81.6M | 7.3M |
| Long Term Debt | 180.3M | 132.5M | 198.4M | 59.0M |
| Long Term Debt And Capital Lease Obligation | 186.0M | 144.0M | 213.2M | 76.3M |
| Long Term Capital Lease Obligation | 5.7M | 11.4M | 14.9M | 17.4M |
| Total Non Current Liabilities Net Minority Interest | 187.4M | 279.7M | 361.6M | 208.1M |
| Total Liabilities Net Minority Interest | 248.8M | 573.6M | 443.2M | 215.4M |
| Common Stock | 517.5M | 513.0M | 512.6M | 512.5M |
| Capital Stock | 517.5M | 513.0M | 512.6M | 512.5M |
| Retained Earnings | -370.2M | -12.3M | 28.7M | 2.8M |
| Gains Losses Not Affecting Retained Earnings | 3.9M | 5.9M | -- | -- |
| Other Equity Adjustments | 3.9M | 5.9M | -- | -- |
| Common Stock Equity | 151.3M | 506.6M | 543.6M | 515.6M |
| Stockholders Equity | 151.3M | 506.6M | 543.6M | 515.6M |
| Total Equity Gross Minority Interest | 157.8M | 513.1M | 550.1M | 515.6M |
| Minority Interest | 6.5M | 6.5M | 6.5M | 0.00 |
| Total Capitalization | 331.6M | 639.2M | 742.0M | 574.5M |
| Net Tangible Assets | 151.3M | 506.6M | 543.6M | 515.6M |
| Tangible Book Value | 151.3M | 506.6M | 543.6M | 515.6M |
| Working Capital | 12.5M | -234.4M | -27.3M | 1.7M |
| Invested Capital | 331.6M | 639.2M | 742.0M | 574.5M |
| Total Debt | 193.0M | 345.6M | 219.4M | 81.9M |
| Net Debt | 180.3M | 132.4M | 187.0M | 57.9M |
| Share Issued | 36.4M | 34.8M | 34.7M | 34.7M |
| Ordinary Shares Number | 36.4M | 34.8M | 34.7M | 34.7M |
| Allowance For Doubtful Accounts Receivable | -- | -2.0M | -2.0M | -- |
| Assets Held For Sale Current | 14.3M | 0.00 | -- | -- |
| Available For Sale Securities | -- | 100,000 | 100,000 | -- |
| Capital Lease Obligations | 12.7M | 18.1M | 21.0M | 22.9M |
| Construction In Progress | 628,000 | 20.9M | 241.2M | 61.5M |
| Current Capital Lease Obligation | 7.0M | 6.6M | 6.1M | 5.5M |
| Derivative Product Liabilities | 0.00 | 18.8M | 8.7M | 2.1M |
| Financial Assets | -- | 0.00 | 9.9M | 0.00 |
| Finished Goods | 7.3M | 917,000 | 0.00 | -- |
| Gross Accounts Receivable | -- | 9.0M | 5.9M | -- |
| Hedging Assets Current | 0.00 | 304,000 | 14.1M | 543,000 |
| Investmentin Financial Assets | 0.00 | 100,000 | 100,000 | -- |
| Investmentsin Associatesat Cost | -- | -- | 30.3M | 0.00 |
| Investmentsin Joint Venturesat Cost | 35.4M | 30.9M | 30.2M | -- |
| Long Term Provisions | 1.4M | 1.2M | 1.2M | 1.2M |
| Machinery Furniture Equipment | 326.0M | 1.0B | 683.5M | 662.6M |
| Non Current Deferred Liabilities | 0.00 | 115.6M | 138.5M | 128.5M |
| Non Current Deferred Taxes Liabilities | 0.00 | 115.6M | 138.5M | 128.5M |
| Other Equity Interest | -- | 5.9M | 2.3M | 350,000 |
| Other Inventories | 22.6M | 15.9M | 23.5M | -- |
| Other Properties | 326,000 | 1.2M | 40,000 | 4.6M |
| Raw Materials | 12.3M | 27.0M | 1.1M | 0.00 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 54.6M | 22.8M | 67.4M | -- |
| Cash Flow From Continuing Operating Activities | 54.6M | 22.8M | 67.4M | -- |
| Depreciation And Amortization | 31.5M | 25.6M | 19.4M | -- |
| Depreciation Amortization Depletion | 31.5M | 25.6M | 19.4M | -- |
| Stock Based Compensation | -1.1M | 4.0M | 2.1M | -- |
| Deferred Tax | -115.6M | -22.8M | 10.0M | -- |
| Deferred Income Tax | -115.6M | -22.8M | 10.0M | -- |
| Change In Working Capital | -8.2M | -7.8M | 8.7M | -- |
| Changes In Account Receivables | -9.7M | -3.1M | 3.1M | -- |
| Change In Receivables | -9.7M | -3.1M | 3.1M | -- |
| Change In Inventory | 2.6M | -42.4M | -1.1M | -- |
| Change In Payables And Accrued Expense | -6.1M | 45.6M | 6.6M | -- |
| Other Non Cash Items | 37.1M | 21.8M | 7.2M | -- |
| Capital Expenditure | -24.0M | -202.8M | -244.6M | -- |
| Purchase Of PPE | -24.0M | -202.8M | -244.6M | -- |
| Net PPE Purchase And Sale | -24.0M | -202.8M | -244.6M | -- |
| Purchase Of Business | -2.1M | 0.00 | -30.1M | -- |
| Investing Cash Flow | 129.1M | -136.0M | -194.5M | -- |
| Cash Flow From Continuing Investing Activities | 129.1M | -136.0M | -194.5M | -- |
| Issuance Of Debt | 0.00 | 124.1M | 155.1M | -- |
| Repayment Of Debt | -157.9M | -6.7M | -6.0M | -- |
| Net Issuance Payments Of Debt | -157.9M | 117.4M | 149.1M | -- |
| Issuance Of Capital Stock | -- | -- | 0.00 | -- |
| Net Common Stock Issuance | -- | -- | 0.00 | -- |
| Financing Cash Flow | -183.8M | 102.0M | 137.4M | -- |
| Cash Flow From Continuing Financing Activities | -183.8M | 102.0M | 137.4M | -- |
| Changes In Cash | -61,000 | -11.3M | 10.4M | -- |
| Beginning Cash Position | 105,000 | 11.4M | 1.0M | -- |
| End Cash Position | 44,000 | 105,000 | 11.4M | -- |
| Free Cash Flow | 30.6M | -180.0M | -177.1M | -- |
| Asset Impairment Charge | 801,000 | 0.00 | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | -- |
| Change In Prepaid Assets | 4.9M | -7.9M | 71,000 | -- |
| Common Stock Issuance | -- | -- | 0.00 | -- |
| Depreciation | 31.5M | 25.6M | 19.4M | -- |
| Earnings Losses From Equity Investments | -4.5M | -680,000 | -221,000 | -- |
| Gain Loss On Investment Securities | -19.7M | 44.1M | -7.1M | -- |
| Interest Paid Cff | -27.8M | -15.4M | -11.7M | -- |
| Long Term Debt Issuance | 0.00 | 124.1M | 155.1M | -- |
| Long Term Debt Payments | -157.9M | -6.7M | -6.0M | -- |
| Net Business Purchase And Sale | -2.1M | 0.00 | -30.1M | -- |
| Net Foreign Currency Exchange Gain Loss | 1.2M | -386,000 | 1.4M | -- |
| Net Income From Continuing Operations | -357.8M | -41.0M | 25.9M | -- |
| Net Long Term Debt Issuance | -157.9M | 117.4M | 149.1M | -- |
| Net Other Financing Charges | 1.9M | -- | -8,000 | -- |
| Net Other Investing Changes | 155.2M | 66.8M | 80.2M | -- |
| Operating Gains Losses | 466.1M | 43.0M | -5.9M | -- |
| Unrealized Gain Loss On Investment Securities | 2.1M | 0.00 | -- | -- |