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 | 1.6B | 1.1B | 807.6M | 641.2M | 476.9M |
| Operating Revenue | 1.6B | 1.1B | 807.6M | 641.2M | 476.9M |
| Cost Of Revenue | 1.2B | 798.4M | 563.6M | 412.8M | 309.1M |
| Gross Profit | 409.7M | 281.7M | 244.0M | 228.4M | 167.8M |
| Selling General And Administration | 129.2M | 91.0M | 80.7M | 68.5M | 71.8M |
| General And Administrative Expense | 82.8M | 55.9M | 47.5M | 43.4M | 45.9M |
| Research And Development | 38.1M | 36.9M | 39.3M | 32.8M | 21.1M |
| Depreciation And Amortization In Income Statement | 84.6M | 47.0M | 46.5M | 52.5M | 56.3M |
| Other Operating Expenses | -- | -- | -- | -- | -24.8M |
| Operating Expense | 251.9M | 174.9M | 166.5M | 153.8M | 124.4M |
| Operating Income | 157.8M | 106.8M | 77.5M | 74.6M | 43.4M |
| EBIT | 169.4M | 139.0M | 75.9M | 47.7M | 38.1M |
| Interest Expense | 17.0M | 28.0M | 8.6M | 13.5M | 26.8M |
| Interest Expense Non Operating | 17.0M | 28.0M | 8.6M | 13.5M | 26.8M |
| Interest Income | 7.8M | 7.0M | 2.0M | 400,000 | -- |
| Interest Income Non Operating | 7.8M | 7.0M | 2.0M | 400,000 | -- |
| Net Interest Income | -9.2M | -21.0M | -6.6M | -34.2M | -32.2M |
| Other Income Expense | 3.8M | 25.2M | -3.6M | -6.2M | 100,000 |
| Other Non Operating Income Expenses | 1.0M | 6.5M | -- | -- | 800,000 |
| Gain On Sale Of Security | 2.8M | 18.7M | -3.6M | -6.2M | -700,000 |
| Pretax Income | 152.4M | 111.0M | 67.3M | 34.2M | 11.3M |
| Tax Provision | 43.9M | 31.6M | 18.5M | 7.9M | 8.4M |
| Tax Effect Of Unusual Items | 806,562 | 5.3M | -989,599 | -1.4M | -185,500 |
| Net Income From Continuing And Discontinued Operation | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Income From Continuing Operation Net Minority Interest | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Income Including Noncontrolling Interests | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Income Common Stockholders | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Income | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| EBITDA | 310.0M | 230.0M | 154.0M | 123.9M | 117.9M |
| Normalized EBITDA | 307.2M | 211.3M | 157.6M | 145.5M | 118.6M |
| Reconciled Depreciation | 140.6M | 91.0M | 78.1M | 76.2M | 79.8M |
| Basic EPS | -- | 0.66 | 0.41 | 0.22 | 0.03 |
| Diluted EPS | -- | 0.63 | 0.40 | 0.21 | 0.02 |
| Basic Average Shares | -- | 120.1M | 119.3M | 119.0M | 109.3M |
| Diluted Average Shares | -- | 126.0M | 121.2M | 122.5M | 116.3M |
| Total Unusual Items | 2.8M | 18.7M | -3.6M | -6.2M | -700,000 |
| Total Unusual Items Excluding Goodwill | 2.8M | 18.7M | -3.6M | -6.2M | -700,000 |
| Tax Rate For Calcs | 0.29 | 0.28 | 0.27 | 0.23 | 0.27 |
| Normalized Income | 106.5M | 66.0M | 51.4M | 31.1M | 3.4M |
| Amortization | 84.6M | 47.0M | 46.5M | 52.5M | 56.3M |
| Amortization Of Intangibles Income Statement | 84.6M | 47.0M | 46.5M | 52.5M | 56.3M |
| Depreciation Amortization Depletion Income Statement | 84.6M | 47.0M | 46.5M | 52.5M | 56.3M |
| Diluted NI Availto Com Stockholders | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Income Continuous Operations | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Non Operating Interest Income Expense | -9.2M | -21.0M | -6.6M | -34.2M | -32.2M |
| Other Gand A | 65.1M | 43.5M | 37.5M | 34.9M | 32.4M |
| Reconciled Cost Of Revenue | 1.2B | 754.4M | 532.0M | 389.1M | 285.6M |
| Salaries And Wages | 17.7M | 12.4M | 10.0M | 8.5M | 13.5M |
| Selling And Marketing Expense | 46.4M | 35.1M | 33.2M | 25.1M | 25.9M |
| Total Expenses | 1.5B | 973.3M | 730.1M | 566.6M | 433.5M |
| Total Operating Income As Reported | 157.8M | 106.8M | 77.5M | 74.6M | 18.6M |
| 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 | 152.0M | 166.7M | 22.5M | 39.3M | 83.6M |
| Cash Cash Equivalents And Short Term Investments | 152.0M | 166.7M | 22.5M | 39.3M | 83.6M |
| Cash Financial | 152.0M | 166.7M | 22.5M | 39.3M | 83.6M |
| Accounts Receivable | 85.5M | 71.0M | 144.1M | 148.0M | 82.4M |
| Receivables | 385.7M | 380.0M | 399.9M | 311.6M | 189.4M |
| Inventory | 23.5M | 8.1M | 9.9M | 7.5M | 8.0M |
| Other Current Assets | 53.3M | 71.7M | 24.3M | 19.8M | 12.8M |
| Current Assets | 614.5M | 626.5M | 456.6M | 378.2M | 293.8M |
| Gross PPE | 848.9M | 668.4M | 477.5M | 265.7M | 138.3M |
| Accumulated Depreciation | -84.8M | -56.4M | -36.6M | -23.5M | -13.6M |
| Net PPE | 764.1M | 612.0M | 440.9M | 242.2M | 124.7M |
| Goodwill | 800.4M | 441.0M | 439.8M | 419.9M | 419.9M |
| Goodwill And Other Intangible Assets | 1.7B | 1.0B | 1.0B | 972.3M | 991.1M |
| Other Intangible Assets | 876.7M | 580.0M | 582.5M | 552.4M | 571.2M |
| Investments And Advances | 11.3M | 0.00 | -- | -- | -- |
| Long Term Equity Investment | 11.3M | 0.00 | -- | -- | -- |
| Other Non Current Assets | 279.2M | 328.1M | 227.0M | 139.0M | 105.7M |
| Total Non Current Assets | 2.7B | 2.0B | 1.7B | 1.4B | 1.2B |
| Total Assets | 3.4B | 2.6B | 2.2B | 1.8B | 1.5B |
| Current Debt And Capital Lease Obligation | 20.2M | 16.2M | 10.9M | 6.7M | 7.9M |
| Accounts Payable | 391.4M | 248.7M | 219.1M | 124.3M | 71.3M |
| Payables | 479.5M | 310.8M | 280.9M | 190.3M | 121.9M |
| Payables And Accrued Expenses | 479.5M | 310.8M | 280.9M | 190.3M | 121.9M |
| Current Deferred Revenue | 798.9M | 761.3M | 76.9M | 110.8M | 91.5M |
| Other Current Liabilities | 19.2M | 2.7M | 4.5M | 10.8M | 4.6M |
| Current Liabilities | 1.3B | 1.1B | 373.2M | 318.6M | 225.9M |
| Long Term Debt | 272.0M | -- | 438.9M | 243.6M | 144.7M |
| Long Term Debt And Capital Lease Obligation | 390.9M | 120.6M | 514.1M | 245.2M | 152.5M |
| Long Term Capital Lease Obligation | 118.9M | 120.6M | 75.2M | 1.6M | 7.8M |
| Other Non Current Liabilities | 23.4M | 800,000 | 6.1M | 1.1M | 2.3M |
| Total Non Current Liabilities Net Minority Interest | 683.4M | 330.5M | 723.8M | 431.6M | 347.0M |
| Total Liabilities Net Minority Interest | 2.0B | 1.4B | 1.1B | 750.2M | 572.9M |
| Common Stock | 1.0B | 975.8M | 956.1M | 951.6M | 950.7M |
| Capital Stock | 1.0B | 975.8M | 956.1M | 951.6M | 950.7M |
| Additional Paid In Capital | 36.0M | 38.0M | 31.3M | 25.0M | 16.9M |
| Retained Earnings | 247.2M | 138.7M | 58.7M | 9.9M | -14.4M |
| Gains Losses Not Affecting Retained Earnings | 29.1M | 23.5M | 18.6M | 14.1M | 8.5M |
| Other Equity Adjustments | 29.1M | 23.5M | 18.6M | 14.1M | 8.5M |
| Common Stock Equity | 1.4B | 1.2B | 1.1B | 1.0B | 961.7M |
| Stockholders Equity | 1.4B | 1.2B | 1.1B | 1.0B | 961.7M |
| Total Equity Gross Minority Interest | 1.4B | 1.2B | 1.1B | 1.0B | 961.7M |
| Total Capitalization | 1.6B | 1.2B | 1.5B | 1.2B | 1.1B |
| Net Tangible Assets | -322.1M | 155.0M | 42.4M | 28.3M | -29.4M |
| Tangible Book Value | -322.1M | 155.0M | 42.4M | 28.3M | -29.4M |
| Working Capital | -703.3M | -464.5M | 83.4M | 59.6M | 67.9M |
| Invested Capital | 1.6B | 1.2B | 1.5B | 1.2B | 1.1B |
| Total Debt | 411.1M | 136.8M | 525.0M | 251.9M | 160.4M |
| Net Debt | 120.0M | -- | 416.4M | 204.3M | 61.1M |
| Share Issued | 126.3M | 121.5M | 119.5M | 119.0M | 118.7M |
| Ordinary Shares Number | 126.3M | 121.5M | 119.4M | 119.0M | 118.7M |
| Buildings And Improvements | 112.3M | 111.8M | 69.4M | 6.7M | 13.5M |
| Capital Lease Obligations | 139.1M | 136.8M | 86.1M | 8.3M | 15.7M |
| Construction In Progress | 405.6M | 305.0M | 268.0M | 156.4M | 42.6M |
| Current Capital Lease Obligation | 20.2M | 16.2M | 10.9M | 6.7M | 7.9M |
| Current Deferred Liabilities | 798.9M | 761.3M | 76.9M | 110.8M | 91.5M |
| Current Provisions | -- | -- | -- | -- | 3.4M |
| Employee Benefits | -- | -- | -- | 21.5M | 33.8M |
| Finished Goods | 2.4M | 0.00 | -- | -- | -- |
| Income Tax Payable | 11.0M | 1.9M | 4.4M | 11.9M | 11.8M |
| Inventories Adjustments Allowances | -1.0M | -300,000 | -- | -- | -- |
| Land And Improvements | 200.7M | 142.5M | 86.0M | 71.5M | 58.1M |
| Long Term Provisions | -- | -- | -- | -- | 1.4M |
| Machinery Furniture Equipment | 52.2M | 38.8M | 23.6M | 15.0M | 10.7M |
| Non Current Deferred Assets | 10.0M | 9.9M | 14.9M | 19.1M | 19.3M |
| Non Current Deferred Liabilities | 245.7M | 185.4M | 180.8M | 163.8M | 158.4M |
| Non Current Deferred Taxes Assets | 10.0M | 9.9M | 14.9M | 19.1M | 19.3M |
| Non Current Deferred Taxes Liabilities | 245.7M | 185.4M | 180.8M | 163.8M | 158.4M |
| Other Payable | 77.1M | 60.2M | 57.4M | 54.1M | 38.8M |
| Other Properties | 78.1M | 70.3M | 30.5M | 16.1M | 13.4M |
| Other Receivables | 250.7M | 277.5M | 214.2M | 134.3M | 94.4M |
| Pensionand Other Post Retirement Benefit Plans Current | -- | -- | -- | 54.1M | 38.8M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 15.7M | 6.1M | -- | -- | -- |
| Receivables Adjustments Allowances | -3.4M | -22.5M | -5.7M | -5.8M | -500,000 |
| Taxes Receivable | 52.9M | 54.0M | 47.3M | 35.1M | 13.1M |
| Total Tax Payable | 11.0M | 1.9M | 4.4M | 11.9M | 11.8M |
| Tradeand Other Payables Non Current | 23.4M | 23.7M | 22.8M | 21.5M | 33.8M |
| Treasury Shares Number | 0.00 | 19,529 | 79,383 | -- | -- |
| Work In Process | 6.4M | 2.3M | -- | -- | -- |
| 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 | 407.5M | 812.7M | 13.5M | 57.0M | 72.1M |
| Cash Flow From Continuing Operating Activities | 407.5M | 812.7M | 13.5M | 57.0M | 72.1M |
| Depreciation And Amortization | 140.6M | 91.0M | 78.1M | 76.2M | 79.8M |
| Depreciation Amortization Depletion | 140.6M | 91.0M | 78.1M | 76.2M | 79.8M |
| Stock Based Compensation | 12.8M | 10.4M | 10.0M | 8.5M | 13.5M |
| Deferred Tax | -2.2M | -11.0M | -14.8M | -46.6M | -17.2M |
| Deferred Income Tax | -2.2M | -11.0M | -14.8M | -46.6M | -17.2M |
| Change In Working Capital | 154.3M | 636.5M | -95.6M | -26.8M | -13.6M |
| Changes In Account Receivables | -31.9M | 95.7M | -7.5M | -62.9M | -12.5M |
| Change In Receivables | 54.6M | 6.7M | -69.6M | -100.2M | -18.0M |
| Change In Inventory | -12.5M | -1.5M | -2.4M | 500,000 | -1.5M |
| Change In Payables And Accrued Expense | 50.9M | 43.0M | 66.3M | 59.6M | -1.6M |
| Change In Payable | 50.9M | 43.0M | 66.3M | 59.6M | -1.6M |
| Change In Other Working Capital | 45.1M | 690.5M | -32.1M | 36.5M | 26.2M |
| Change In Other Current Assets | -17.2M | -2.0M | 500,000 | -1.0M | -400,000 |
| Change In Other Current Liabilities | 15.7M | -5.7M | 1.9M | 2.4M | -14.7M |
| Other Non Cash Items | 9.2M | 21.0M | 6.6M | 34.3M | 32.2M |
| Capital Expenditure | -275.4M | -204.9M | -193.2M | -180.1M | -94.6M |
| Purchase Of PPE | -175.3M | -141.2M | -148.0M | -137.8M | -52.5M |
| Net PPE Purchase And Sale | -175.3M | -141.2M | -148.0M | -137.8M | -52.5M |
| Purchase Of Business | -372.6M | -36.5M | -24.4M | 0.00 | -6.2M |
| Investing Cash Flow | -614.6M | -227.0M | -217.6M | -180.1M | -98.8M |
| Cash Flow From Continuing Investing Activities | -614.6M | -227.0M | -217.6M | -180.1M | -98.8M |
| Issuance Of Debt | 645.0M | 110.0M | 195.0M | 245.0M | 0.00 |
| Repayment Of Debt | -478.4M | -557.9M | -8.4M | -157.8M | -432.0M |
| Net Issuance Payments Of Debt | 166.6M | -447.9M | 186.6M | 87.2M | -432.0M |
| Issuance Of Capital Stock | -- | -- | -- | 500,000 | 462.6M |
| Net Common Stock Issuance | -- | -- | -- | 500,000 | 462.6M |
| Financing Cash Flow | 196.3M | -436.1M | 187.4M | 78.8M | 30.6M |
| Cash Flow From Continuing Financing Activities | 196.3M | -436.1M | 187.4M | 78.8M | 30.6M |
| Effect Of Exchange Rate Changes | -3.9M | -5.4M | -100,000 | 0.00 | 1.1M |
| Changes In Cash | -10.8M | 149.6M | -16.7M | -44.3M | 3.9M |
| Beginning Cash Position | 166.7M | 22.5M | 39.3M | 83.6M | 78.6M |
| End Cash Position | 152.0M | 166.7M | 22.5M | 39.3M | 83.6M |
| Free Cash Flow | 132.1M | 607.8M | -179.7M | -123.1M | -22.5M |
| Amortization Cash Flow | 98.3M | 59.3M | 55.4M | 58.2M | 61.0M |
| Amortization Of Intangibles | 98.3M | 59.3M | 55.4M | 58.2M | 61.0M |
| Asset Impairment Charge | 0.00 | 3.3M | 4.8M | 0.00 | -- |
| Change In Prepaid Assets | 17.7M | -94.5M | -60.2M | -24.6M | -3.6M |
| Common Stock Issuance | -- | -- | -- | 500,000 | 462.6M |
| Depreciation | 42.3M | 31.7M | 22.7M | 18.0M | 18.8M |
| Interest Paid Cfo | -15.0M | -25.4M | -18.5M | -19.6M | -24.1M |
| Long Term Debt Issuance | 645.0M | 110.0M | 195.0M | 245.0M | 0.00 |
| Long Term Debt Payments | -478.4M | -557.9M | -8.4M | -157.8M | -432.0M |
| Net Business Purchase And Sale | -372.6M | -36.5M | -24.4M | 0.00 | -6.2M |
| Net Income From Continuing Operations | 108.5M | 79.4M | 48.8M | 26.3M | 2.9M |
| Net Intangibles Purchase And Sale | -100.1M | -63.7M | -45.2M | -42.3M | -40.1M |
| Net Long Term Debt Issuance | 166.6M | -447.9M | 186.6M | 87.2M | -432.0M |
| Net Other Financing Charges | -8.3M | -- | -- | -8.9M | -- |
| Net Other Investing Changes | 33.4M | 14.4M | -- | -- | -- |
| Operating Gains Losses | -- | -5.8M | -- | -- | -- |
| Proceeds From Stock Option Exercised | 38.0M | 11.8M | 800,000 | 500,000 | -- |
| Purchase Of Intangibles | -100.1M | -63.7M | -45.2M | -42.3M | -42.1M |
| Sale Of Intangibles | -- | -- | -- | 0.00 | 2.0M |
| Taxes Refund Paid | 4.3M | 14.5M | -6.7M | -5.2M | -600,000 |
| Unrealized Gain Loss On Investment Securities | -5.0M | -1.2M | 800,000 | 9.9M | -800,000 |