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 | 765.7M | 668.4M | 499.7M | 255.7M | 228.4M |
| Operating Revenue | 765.7M | 668.4M | 499.7M | 255.7M | 228.4M |
| Cost Of Revenue | 364.0M | 344.1M | 266.0M | 138.9M | 125.3M |
| Gross Profit | 401.7M | 324.2M | 233.7M | 116.8M | 103.1M |
| Selling General And Administration | 57.2M | 54.4M | 41.7M | 26.8M | 13.3M |
| General And Administrative Expense | 57.2M | 54.4M | 41.7M | 26.8M | 13.3M |
| Depreciation And Amortization In Income Statement | 116.5M | 117.1M | 88.2M | 37.1M | 30.7M |
| Other Operating Expenses | 60.6M | 50.4M | 39.4M | 11.0M | 20.8M |
| Operating Expense | 234.4M | 221.9M | 169.3M | 75.0M | 64.8M |
| Operating Income | 167.3M | 102.3M | 64.4M | 41.8M | 38.3M |
| EBIT | 166.2M | -219.4M | -2.8B | 36.5M | 38.3M |
| Interest Expense | 15.7M | 19.9M | 12.2M | 581,000 | 736,000 |
| Interest Expense Non Operating | 15.7M | 19.9M | 12.2M | 581,000 | 736,000 |
| Interest Income | 4.4M | 1.8M | -- | -- | -- |
| Interest Income Non Operating | 4.4M | 1.8M | -- | -- | -- |
| Net Interest Income | -11.4M | -18.3M | -12.1M | -1.5M | -1.0M |
| Other Income Expense | -5.3M | -323.2M | -2.9B | -4.4M | 277,000 |
| Other Non Operating Income Expenses | -- | -317.4M | -2.9B | -6.3M | -- |
| Special Income Charges | 2.2M | 0.00 | -- | -- | -- |
| Restructuring And Mergern Acquisition | -2.2M | 0.00 | -- | -- | -- |
| Gain On Sale Of Security | -7.4M | -5.9M | 1.0M | 1.9M | 277,000 |
| Pretax Income | 150.6M | -239.2M | -2.8B | 35.9M | 37.5M |
| Tax Provision | 31.8M | 19.7M | 7.9M | 8.5M | 10.1M |
| Tax Effect Of Unusual Items | -1.1M | -881,250 | 410,400 | 458,552 | 74,312 |
| Net Income From Continuing And Discontinued Operation | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Income From Continuing Operation Net Minority Interest | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Income Including Noncontrolling Interests | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Income Common Stockholders | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Income | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| EBITDA | 282.7M | -102.1M | -2.7B | 73.6M | 69.0M |
| Normalized EBITDA | 288.0M | -96.2M | -2.7B | 71.7M | 68.7M |
| Reconciled Depreciation | 116.5M | 117.3M | 88.2M | 37.1M | 30.7M |
| Basic EPS | 0.46 | -1.21 | -38.97 | 0.28 | 0.28 |
| Diluted EPS | 0.46 | -1.21 | -38.97 | 0.28 | 0.28 |
| Basic Average Shares | 256.6M | 214.2M | 72.5M | 98.7M | 98.7M |
| Diluted Average Shares | 256.6M | 255.8M | 245.1M | 98.7M | 98.7M |
| Total Unusual Items | -5.3M | -5.9M | 1.0M | 1.9M | 277,000 |
| Total Unusual Items Excluding Goodwill | -5.3M | -5.9M | 1.0M | 1.9M | 277,000 |
| Tax Rate For Calcs | 0.21 | 0.15 | 0.40 | 0.24 | 0.27 |
| Normalized Income | 122.9M | -253.9M | -2.8B | 25.9M | 27.3M |
| Amortization | 108.4M | 108.1M | 80.3M | 31.8M | 25.5M |
| Amortization Of Intangibles Income Statement | 108.4M | 108.1M | 80.3M | 31.8M | 25.5M |
| Average Dilution Earnings | 0.00 | 298.7M | -- | -- | -- |
| Depreciation Amortization Depletion Income Statement | 116.5M | 117.1M | 88.2M | 37.1M | 30.7M |
| Depreciation Income Statement | 8.1M | 9.1M | 7.9M | 5.3M | 5.2M |
| Diluted NI Availto Com Stockholders | 118.8M | 39.8M | -2.8B | 27.4M | 27.5M |
| Net Income Continuous Operations | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Non Operating Interest Income Expense | -11.4M | -18.3M | -12.1M | -1.5M | -1.0M |
| Other Gand A | 53.2M | 48.1M | 38.1M | 23.9M | 11.2M |
| Reconciled Cost Of Revenue | 364.0M | 344.0M | 266.0M | 138.9M | 125.3M |
| Rent And Landing Fees | 4.1M | 6.2M | 3.7M | 2.9M | 2.1M |
| Rent Expense Supplemental | 4.1M | 6.2M | 3.7M | 2.9M | 2.1M |
| Total Expenses | 598.4M | 566.0M | 435.3M | 213.9M | 190.1M |
| Total Other Finance Cost | 192,000 | 254,000 | -94,000 | 946,000 | 285,000 |
| 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 | 352.4M | 211.0M | 146.5M | 67.1M | 27.1M |
| Cash Cash Equivalents And Short Term Investments | 352.4M | 211.0M | 146.5M | 67.1M | 27.1M |
| Cash Financial | 352.4M | 211.0M | 146.5M | 67.1M | 27.1M |
| Accounts Receivable | 163.2M | 158.5M | 105.0M | 64.8M | 45.1M |
| Receivables | 239.9M | 217.8M | 175.6M | 83.0M | 170.5M |
| Inventory | 557,000 | 693,000 | 521,000 | 60,000 | 26,000 |
| Prepaid Assets | -- | -- | -- | 13.9M | 10.2M |
| Other Current Assets | 22.0M | 18.9M | 13.9M | 14.7M | 10.2M |
| Current Assets | 615.5M | 453.3M | 336.7M | 164.9M | 207.8M |
| Gross PPE | 51.3M | 46.2M | 40.2M | 26.3M | 23.0M |
| Accumulated Depreciation | -37.2M | -31.7M | -24.1M | -17.9M | -15.9M |
| Net PPE | 14.1M | 14.5M | 16.1M | 8.5M | 7.0M |
| Goodwill | 82.4M | 81.6M | 66.9M | 1.3M | 0.00 |
| Goodwill And Other Intangible Assets | 728.4M | 798.6M | 763.8M | 208.1M | 103.2M |
| Other Intangible Assets | 646.0M | 717.0M | 696.9M | 206.8M | 103.2M |
| Other Non Current Assets | 8.4M | 5.1M | 4.3M | 4.5M | 1.2M |
| Total Non Current Assets | 771.7M | 835.1M | 799.2M | 227.9M | 120.6M |
| Total Assets | 1.4B | 1.3B | 1.1B | 392.8M | 328.4M |
| Current Debt | 2.0M | 3.2M | 3.1M | 975,000 | -- |
| Current Debt And Capital Lease Obligation | 5.1M | 7.4M | 9.4M | 3.0M | 2.4M |
| Accounts Payable | 123.8M | 107.9M | 97.5M | 65.4M | 51.2M |
| Payables | 140.3M | 121.2M | 112.4M | 110.5M | 59.8M |
| Payables And Accrued Expenses | 140.3M | 121.2M | 112.4M | 110.5M | 59.8M |
| Current Deferred Revenue | 94.8M | 89.5M | 91.7M | 61.5M | 64.0M |
| Other Current Liabilities | -- | -- | 4.5B | -- | -- |
| Current Liabilities | 240.3M | 218.3M | 4.7B | 175.1M | 126.2M |
| Long Term Debt | 208.0M | 275.4M | 149.6M | 18.1M | -- |
| Long Term Debt And Capital Lease Obligation | 211.6M | 279.1M | 156.6M | 22.9M | 2.2M |
| Long Term Capital Lease Obligation | 3.6M | 3.6M | 6.9M | 4.7M | 2.2M |
| Other Non Current Liabilities | -- | 170,000 | 2.8M | 973,000 | 1.9M |
| Total Non Current Liabilities Net Minority Interest | 327.9M | 391.4M | 294.8M | 64.0M | 29.0M |
| Total Liabilities Net Minority Interest | 568.1M | 609.7M | 5.0B | 239.0M | 155.3M |
| Common Stock | 490.7M | 490.7M | 0.00 | 0.00 | 0.00 |
| Capital Stock | 490.7M | 490.7M | 0.00 | 0.00 | 0.00 |
| Additional Paid In Capital | 185.1M | 185.1M | -1.0B | 162.7M | 169.9M |
| Retained Earnings | 135.3M | 16.5M | -2.8B | 0.00 | 0.00 |
| Gains Losses Not Affecting Retained Earnings | 8.0M | -13.6M | -6.3M | -8.9M | 3.2M |
| Other Equity Adjustments | 8.0M | -13.6M | -6.3M | -8.9M | 3.2M |
| Common Stock Equity | 819.1M | 678.7M | -3.8B | 153.8M | 173.1M |
| Stockholders Equity | 819.1M | 678.7M | -3.8B | 153.8M | 173.1M |
| Total Equity Gross Minority Interest | 819.1M | 678.7M | -3.8B | 153.8M | 173.1M |
| Total Capitalization | 1.0B | 954.2M | -3.7B | 171.9M | 173.1M |
| Net Tangible Assets | 90.8M | -119.9M | -4.6B | -54.3M | 69.9M |
| Tangible Book Value | 90.8M | -119.9M | -4.6B | -54.3M | 69.9M |
| Working Capital | 375.3M | 235.0M | -4.3B | -10.2M | 81.6M |
| Invested Capital | 1.0B | 957.4M | -3.7B | 172.9M | 173.1M |
| Total Debt | 216.7M | 286.5M | 166.0M | 25.9M | 4.6M |
| Net Debt | -- | 67.7M | 6.2M | -- | -- |
| Share Issued | 256.6M | 256.6M | 74.1M | 73.8M | 98.7M |
| Ordinary Shares Number | 256.6M | 256.6M | 74.1M | 73.8M | 98.7M |
| Allowance For Doubtful Accounts Receivable | -8.7M | -8.6M | -5.1M | -4.7M | -- |
| Buildings And Improvements | 22.1M | 20.0M | 21.1M | 10.0M | 8.4M |
| Capital Lease Obligations | 6.8M | 7.9M | 13.3M | 6.8M | 4.6M |
| Current Capital Lease Obligation | 3.1M | 4.2M | 6.4M | 2.1M | 2.4M |
| Current Deferred Assets | -- | -- | -- | 892,000 | 0.00 |
| Current Deferred Liabilities | 94.8M | 89.5M | 91.7M | 61.5M | 64.0M |
| Current Provisions | -- | 156,000 | -- | 22,000 | 27,000 |
| Duefrom Related Parties Current | -- | -- | -- | 0.00 | 111.6M |
| Dueto Related Parties Current | 860,000 | 3.0M | 2.4M | 35.5M | 0.00 |
| Employee Benefits | 3.2M | 0.00 | -- | -- | -- |
| Foreign Currency Translation Adjustments | -- | -- | -- | -8.9M | 3.2M |
| Gross Accounts Receivable | 171.9M | 167.1M | 110.0M | 69.5M | -- |
| Income Tax Payable | 9.0M | 10.3M | 12.4M | 8.4M | 5.7M |
| Leases | 1.6M | 2.3M | 1.4M | 1.4M | 1.6M |
| Long Term Provisions | 2.3M | 2.0M | 4.8M | 4.4M | 6.5M |
| Machinery Furniture Equipment | 25.2M | 21.9M | 16.9M | 14.2M | 13.0M |
| Non Current Accounts Receivable | 2.8M | 4.6M | 6.7M | 3.0M | 3.8M |
| Non Current Deferred Assets | 18.1M | 12.3M | 8.2M | 3.8M | 5.4M |
| Non Current Deferred Liabilities | 110.8M | 110.2M | 130.7M | 35.7M | 18.4M |
| Non Current Deferred Revenue | 2.2M | 3.0M | 5.5M | 1.7M | 1.8M |
| Non Current Deferred Taxes Assets | 15.5M | 9.5M | 6.2M | 2.9M | 3.6M |
| Non Current Deferred Taxes Liabilities | 108.6M | 107.2M | 125.1M | 34.0M | 16.6M |
| Non Current Pension And Other Postretirement Benefit Plans | 3.2M | 0.00 | -- | -- | -- |
| Other Current Borrowings | 2.0M | 3.2M | 3.1M | 975,000 | -- |
| Other Payable | 6.6M | 17,000 | 19,000 | 1.2M | 3.0M |
| Other Properties | 2.5M | 2.0M | 822,000 | 670,000 | 51,000 |
| Other Receivables | 47.5M | 38.5M | 60.7M | 12.9M | 10.3M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Restricted Cash | 641,000 | 4.9M | 226,000 | 130,000 | -- |
| Taxes Receivable | 29.2M | 20.8M | 9.9M | 5.2M | 3.4M |
| Total Tax Payable | 9.0M | 10.3M | 12.4M | 8.4M | 5.7M |
| 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 | 236.5M | 115.0M | 108.2M | 34.6M | 86.0M |
| Cash Flow From Continuing Operating Activities | 236.7M | 115.7M | 108.2M | 34.6M | 86.0M |
| Depreciation And Amortization | 116.5M | 117.3M | 88.2M | 37.1M | 30.7M |
| Depreciation Amortization Depletion | 116.5M | 117.3M | 88.2M | 37.1M | 30.7M |
| Deferred Tax | 31.8M | 19.7M | 7.9M | 8.5M | 10.1M |
| Deferred Income Tax | 31.8M | 19.7M | 7.9M | 8.5M | 10.1M |
| Change In Working Capital | -18.5M | -77.9M | -12.5M | -26.8M | 17.3M |
| Changes In Account Receivables | 11.2M | -59.7M | 2.8M | -9.6M | 7.9M |
| Change In Receivables | 3.9M | -54.5M | -9.2M | -8.1M | 6.7M |
| Change In Inventory | 727,000 | -172,000 | 11,000 | -19,000 | -28,000 |
| Change In Payables And Accrued Expense | -7.7M | -6.4M | -5.0M | -6.8M | -2.6M |
| Change In Payable | -7.7M | -6.4M | -- | -- | -- |
| Change In Other Working Capital | -7.2M | -10.2M | -13.4M | -8.3M | 12.6M |
| Change In Other Current Assets | -8.1M | -579,000 | 13.9M | -1.4M | 604,000 |
| Change In Other Current Liabilities | -195,000 | -5.9M | 1.2M | -2.1M | -11,000 |
| Other Non Cash Items | 16.4M | 336.0M | 2.9B | -603,000 | 5.0M |
| Capital Expenditure | -4.2M | -2.9M | -1.1M | -783,000 | -700,000 |
| Purchase Of PPE | -4.2M | -2.9M | -1.1M | -783,000 | -700,000 |
| Net PPE Purchase And Sale | -4.0M | -2.9M | -1.1M | -783,000 | -700,000 |
| Purchase Of Business | -23.1M | -145.3M | -358.3M | -119.9M | -16.4M |
| Sale Of Business | 6.3M | 4.7M | 41.3M | 5.3M | 2.9M |
| Investing Cash Flow | -12.4M | -147.6M | -318.4M | -115.3M | -14.2M |
| Cash Flow From Continuing Investing Activities | -12.4M | -147.6M | -318.4M | -115.3M | -14.2M |
| Issuance Of Debt | 55.0M | 155.5M | 185.9M | 19.7M | 0.00 |
| Repayment Of Debt | -130.3M | -33.9M | -56.2M | -3.0M | -2.7M |
| Net Issuance Payments Of Debt | -75.3M | 121.6M | 129.7M | 16.6M | -2.7M |
| Issuance Of Capital Stock | -- | 0.00 | 181.5M | 0.00 | -- |
| Financing Cash Flow | -90.3M | 100.2M | 287.1M | 120.8M | -79.6M |
| Cash Flow From Continuing Financing Activities | -90.3M | 100.2M | 287.1M | 120.8M | -79.6M |
| Effect Of Exchange Rate Changes | 7.7M | -3.0M | 2.5M | -107,000 | -247,000 |
| Changes In Cash | 133.8M | 67.5M | 77.0M | 40.1M | -7.8M |
| Beginning Cash Position | 211.0M | 146.5M | 67.1M | 27.1M | 35.1M |
| End Cash Position | 352.4M | 211.0M | 146.5M | 67.1M | 27.1M |
| Free Cash Flow | 232.3M | 112.0M | 107.1M | 33.8M | 85.3M |
| Amortization Cash Flow | 108.4M | 108.1M | 80.3M | 31.8M | 25.5M |
| Amortization Of Intangibles | 108.4M | 108.1M | 80.3M | 31.8M | 25.5M |
| Cash Dividends Paid | 0.00 | 0.00 | -24,000 | 0.00 | 0.00 |
| Change In Account Payable | -5.6M | -6.3M | -- | -- | -- |
| Depreciation | 8.1M | 9.2M | 7.9M | 5.3M | 5.2M |
| Interest Paid Cff | -14.4M | -19.2M | -11.0M | -396,000 | -153,000 |
| Interest Received Cfi | 4.2M | 1.1M | -- | -- | -- |
| Long Term Debt Issuance | 55.0M | 155.5M | 185.9M | 19.7M | 0.00 |
| Long Term Debt Payments | -130.3M | -33.9M | -56.2M | -3.0M | -2.7M |
| Net Business Purchase And Sale | -16.8M | -140.6M | -317.0M | -114.6M | -13.5M |
| Net Foreign Currency Exchange Gain Loss | 7.4M | 5.9M | -1.0M | -1.9M | -277,000 |
| Net Income From Continuing Operations | 118.8M | -258.9M | -2.8B | 27.4M | 27.5M |
| Net Long Term Debt Issuance | -75.3M | 121.6M | 129.7M | 16.6M | -2.7M |
| Net Other Financing Charges | -574,000 | -2.2M | -13.1M | 104.6M | -76.8M |
| Net Other Investing Changes | 4.2M | -5.2M | -238,000 | -- | -- |
| Net Preferred Stock Issuance | -- | 0.00 | 181.5M | 0.00 | -- |
| Operating Gains Losses | 7.4M | 5.9M | -1.0M | -1.9M | -277,000 |
| Preferred Stock Issuance | -- | 0.00 | 181.5M | 0.00 | -- |
| Sale Of PPE | 169,000 | 0.00 | -- | -- | -- |
| Taxes Refund Paid | -36.0M | -27.2M | -31.1M | -9.1M | -4.2M |