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 | 562.1M | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 562.1M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 526.1M | 0.00 | -- | -- | -- |
| Gross Profit | 36.0M | 0.00 | -- | -- | -- |
| Selling General And Administration | 36.4M | 32.4M | 31.9M | 27.0M | 18.0M |
| General And Administrative Expense | 36.4M | 32.4M | 31.9M | 27.0M | 18.0M |
| Operating Expense | 36.4M | 32.4M | 31.9M | 27.0M | 18.0M |
| Operating Income | -400,000 | -32.4M | -31.9M | -27.0M | -18.0M |
| EBIT | 51.4M | -278.9M | 94.7M | -56.8M | 209.0M |
| Interest Expense | 39.6M | 200,000 | 7.6M | 3.5M | 18.3M |
| Interest Expense Non Operating | 39.6M | 200,000 | 7.6M | 3.5M | 18.3M |
| Interest Income | 4.1M | 7.6M | 7.8M | 2.4M | 100,000 |
| Interest Income Non Operating | 4.1M | 7.6M | 7.8M | 2.4M | 100,000 |
| Net Interest Income | -43.7M | 2.7M | 200,000 | -1.1M | -18.2M |
| Other Income Expense | 55.9M | -249.4M | 118.8M | -32.2M | 226.9M |
| Special Income Charges | 55.9M | -436.7M | -62.2M | -170.6M | 0.00 |
| Write Off | -55.9M | 436.7M | 0.00 | -- | -- |
| Gain On Sale Of Security | -- | -- | -- | -- | -7,000 |
| Earnings From Equity Interest | 0.00 | 187.3M | 181.0M | 138.4M | 226.9M |
| Pretax Income | 11.8M | -279.1M | 87.1M | -60.3M | 190.7M |
| Tax Provision | 43.4M | 0.00 | -- | -- | -- |
| Tax Effect Of Unusual Items | 8.4M | 0.00 | -24.9M | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Income From Continuing Operation Net Minority Interest | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Income Including Noncontrolling Interests | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Income Common Stockholders | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Income | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| EBITDA | 260.4M | -278.9M | 94.7M | -56.8M | 209.0M |
| Normalized EBITDA | 204.5M | 157.8M | 156.9M | 113.8M | 209.0M |
| Reconciled Depreciation | 209.0M | 0.00 | -- | -- | -- |
| Basic EPS | -0.05 | -0.62 | 0.19 | -0.13 | 0.40 |
| Diluted EPS | -0.05 | -0.62 | 0.18 | -0.13 | 0.40 |
| Basic Average Shares | 624.5M | 449.4M | 462.2M | 474.4M | 473.3M |
| Diluted Average Shares | 624.5M | 449.4M | 472.9M | 474.4M | 477.4M |
| Total Unusual Items | 55.9M | -436.7M | -62.2M | -170.6M | 0.00 |
| Total Unusual Items Excluding Goodwill | 55.9M | -436.7M | -62.2M | -170.6M | 0.00 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.40 | 0.00 | 0.27 |
| Normalized Income | -79.1M | 157.6M | 124.4M | 110.3M | 190.7M |
| Average Dilution Earnings | 0.00 | 0.00 | -- | -- | -- |
| Diluted NI Availto Com Stockholders | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Impairment Of Capital Assets | -- | 0.00 | 62.2M | 170.6M | 0.00 |
| Net Income Continuous Operations | -31.6M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Non Operating Interest Income Expense | -43.7M | 2.7M | 200,000 | -1.1M | -18.2M |
| Other Gand A | 36.4M | 32.4M | 31.9M | 27.0M | 5.4M |
| Reconciled Cost Of Revenue | 526.1M | 0.00 | -- | -- | -- |
| Salaries And Wages | -- | -- | -- | 15.7M | 12.6M |
| Total Expenses | 562.5M | 32.4M | 31.9M | 27.0M | 18.0M |
| Total Operating Income As Reported | -400,000 | -32.4M | 86.9M | -59.2M | 208.9M |
| Total Other Finance Cost | 8.2M | 4.7M | -- | -- | -- |
| 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 | 174.7M | 61.4M | 232.0M | 199.7M | 58.5M |
| Cash Cash Equivalents And Short Term Investments | 174.7M | 61.4M | 232.0M | 199.7M | 58.5M |
| Accounts Receivable | 5.6M | 0.00 | 5.1M | 1.4M | 600,000 |
| Receivables | 77.7M | 8.3M | 5.1M | 1.4M | 600,000 |
| Inventory | 94.2M | 0.00 | -- | -- | -- |
| Current Assets | 348.8M | 76.7M | 237.1M | 201.1M | 59.5M |
| Gross PPE | 1.8B | 32.5M | 19.1M | -- | -- |
| Accumulated Depreciation | -313.2M | -- | -- | -- | -- |
| Net PPE | 1.5B | 32.5M | 19.1M | 63.6M | 194.3M |
| Investments And Advances | 142.2M | 506.0M | 707.2M | 651.0M | 737.8M |
| Long Term Equity Investment | 142.2M | 506.0M | 707.2M | 651.0M | 737.8M |
| Total Non Current Assets | 1.6B | 538.5M | 729.1M | 716.6M | 932.1M |
| Total Assets | 2.0B | 615.2M | 966.2M | 917.7M | 991.6M |
| Current Debt And Capital Lease Obligation | 68.6M | 700,000 | -- | -- | -- |
| Payables | 175.3M | 2.0M | 14.2M | 27.2M | 3.7M |
| Payables And Accrued Expenses | 199.3M | 9.7M | 14.2M | 27.2M | 3.7M |
| Current Accrued Expenses | 24.0M | 7.7M | -- | 27.2M | 3.7M |
| Current Liabilities | 367.7M | 14.6M | 22.4M | 44.5M | 7.7M |
| Long Term Debt | 262.3M | -- | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 265.2M | 2.6M | -- | -- | -- |
| Long Term Capital Lease Obligation | 2.9M | 2.6M | 0.00 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 818.3M | 51.8M | 49.2M | 42.6M | 35.9M |
| Total Liabilities Net Minority Interest | 1.2B | 66.4M | 71.6M | 87.1M | 43.6M |
| Common Stock | 1.5B | 1.2B | 1.3B | 1.3B | 1.3B |
| Capital Stock | 1.5B | 1.2B | 1.3B | 1.3B | 1.3B |
| Additional Paid In Capital | 95.5M | 87.4M | 61.6M | 59.2M | 51.1M |
| Retained Earnings | -865.8M | -734.0M | -432.3M | -496.3M | -412.2M |
| Treasury Stock | 0.00 | 400,000 | 0.00 | -- | -- |
| Gains Losses Not Affecting Retained Earnings | -- | -- | -- | 0.00 | 0.00 |
| Common Stock Equity | 765.9M | 548.8M | 894.6M | 830.6M | 948.0M |
| Stockholders Equity | 765.9M | 548.8M | 894.6M | 830.6M | 948.0M |
| Total Equity Gross Minority Interest | 765.9M | 548.8M | 894.6M | 830.6M | 948.0M |
| Total Capitalization | 1.0B | 548.8M | 894.6M | 830.6M | 948.0M |
| Net Tangible Assets | 765.9M | 548.8M | 894.6M | 830.6M | 948.0M |
| Tangible Book Value | 765.9M | 548.8M | 894.6M | 830.6M | 948.0M |
| Working Capital | -18.9M | 62.1M | 214.7M | 156.6M | 51.8M |
| Invested Capital | 1.0B | 548.8M | 894.6M | 830.6M | 948.0M |
| Total Debt | 333.8M | 3.3M | 0.00 | -- | -- |
| Net Debt | 87.6M | -- | -- | -- | -- |
| Share Issued | 675.9M | 439.1M | 463.8M | 462.8M | 474.7M |
| Ordinary Shares Number | 675.9M | 439.1M | 463.8M | 462.8M | 474.7M |
| Assets Held For Sale Current | 0.00 | 7.0M | 0.00 | -- | -- |
| Buildings And Improvements | -- | 3.2M | 0.00 | -- | -- |
| Capital Lease Obligations | 3.8M | 3.3M | 0.00 | -- | -- |
| Current Capital Lease Obligation | 900,000 | 700,000 | 0.00 | -- | -- |
| Current Provisions | -- | -- | -- | 10.0M | 2.9M |
| Dueto Related Parties Current | -- | -- | 14.2M | 27.2M | 3.7M |
| Employee Benefits | 3.4M | 3.1M | 5.9M | 5.3M | 3.9M |
| Hedging Assets Current | 2.2M | -- | -- | -- | -- |
| Investmentsin Associatesat Cost | 142.2M | 177.6M | 134.7M | 137.3M | 120.7M |
| Investmentsin Joint Venturesat Cost | 0.00 | 328.4M | 572.5M | 513.7M | 617.1M |
| Loans Receivable | 0.00 | 4.3M | 0.00 | -- | -- |
| Long Term Provisions | 267.9M | 46.1M | 43.3M | 37.3M | 32.0M |
| Non Current Deferred Liabilities | 281.8M | 0.00 | -- | -- | -- |
| Non Current Deferred Taxes Liabilities | 281.8M | 0.00 | -- | -- | -- |
| Non Current Note Receivables | -- | 0.00 | 2.8M | 2.0M | 0.00 |
| Other Payable | 126.8M | 2.0M | -- | -- | 784,000 |
| Other Properties | 3.7M | 3.2M | 19.1M | -- | -- |
| Other Receivables | 72.1M | 4.0M | -- | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 99.8M | 4.2M | 8.2M | 7.3M | 4.0M |
| Restricted Cash | -- | -- | -- | 400,000 | 400,000 |
| Total Tax Payable | 48.5M | 0.00 | -- | -- | -- |
| Treasury Shares Number | -- | 0.00 | 0.00 | 200,000 | -- |
| 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 | 272.6M | -48.5M | -53.3M | -15.5M | -10.8M |
| Cash Flow From Continuing Operating Activities | 272.6M | -48.5M | -53.3M | -15.5M | -10.8M |
| Depreciation Amortization Depletion | 209.0M | 0.00 | -- | -- | -- |
| Stock Based Compensation | -- | 1.5M | 11.3M | 9.5M | 6.3M |
| Deferred Tax | -135.9M | 0.00 | -- | -- | -- |
| Deferred Income Tax | -135.9M | 0.00 | -- | -- | -- |
| Change In Working Capital | 94.0M | -14.8M | -28.8M | 1.5M | 200,000 |
| Change In Other Current Assets | 181.5M | -1.5M | -4.2M | 100,000 | -- |
| Change In Other Current Liabilities | -87.5M | -13.3M | -24.6M | 1.4M | -- |
| Other Non Cash Items | 46.5M | -4.0M | -4.1M | 1.6M | 18.9M |
| Capital Expenditure | -76.0M | -7.7M | -15.4M | -3.3M | -4.6M |
| Purchase Of PPE | -76.0M | -7.7M | -15.4M | -3.3M | -4.6M |
| Net PPE Purchase And Sale | -76.0M | -7.7M | -15.4M | -3.3M | -4.6M |
| Purchase Of Business | 0.00 | -88.6M | -44.4M | -24.8M | -2.0M |
| Sale Of Business | 380.4M | 0.00 | -- | -- | -- |
| Investing Cash Flow | 404.7M | -53.7M | 114.7M | 219.9M | 187.7M |
| Cash Flow From Continuing Investing Activities | 404.7M | -53.7M | 114.7M | 219.9M | 187.7M |
| Issuance Of Debt | -- | -- | -- | 0.00 | 98.0M |
| Repayment Of Debt | -420.7M | -500,000 | 0.00 | 0.00 | -239.0M |
| Net Issuance Payments Of Debt | -420.7M | -500,000 | 0.00 | 0.00 | -141.0M |
| Repurchase Of Capital Stock | -8.3M | -45.3M | -6.0M | -39.9M | -400,000 |
| Net Common Stock Issuance | -8.3M | -45.3M | -6.0M | -39.9M | -400,000 |
| Common Stock Dividend Paid | -100.2M | -22.6M | -23.1M | -23.8M | 0.00 |
| Common Stock Payments | -8.3M | -45.3M | -6.0M | -39.9M | -400,000 |
| Financing Cash Flow | -564.0M | -68.4M | -29.1M | -63.7M | -158.5M |
| Cash Flow From Continuing Financing Activities | -564.0M | -68.4M | -29.1M | -63.7M | -158.5M |
| Effect Of Exchange Rate Changes | 0.00 | 0.00 | 0.00 | 100,000 | 0.00 |
| Changes In Cash | 113.3M | -170.6M | 32.3M | 140.7M | 18.4M |
| Beginning Cash Position | 61.4M | 232.0M | 199.7M | 58.9M | 40.5M |
| End Cash Position | 174.7M | 61.4M | 232.0M | 199.7M | 58.9M |
| Free Cash Flow | 196.6M | -56.2M | -68.7M | -18.8M | -15.4M |
| Income Tax Paid Supplemental Data | -- | -- | -- | -- | 110,000 |
| Asset Impairment Charge | 49.4M | 436.7M | 62.2M | 170.6M | 0.00 |
| Capital Expenditure Reported | -- | -- | -- | -- | 0.00 |
| Cash Dividends Paid | -100.2M | -22.6M | -23.1M | -23.8M | 0.00 |
| Depletion | 209.0M | 0.00 | -- | -- | -- |
| Dividends Received Cfi | 91.6M | 36.0M | 175.0M | 250.0M | 200.0M |
| Earnings Losses From Equity Investments | 0.00 | -187.3M | -181.0M | -138.4M | -226.9M |
| Interest Paid Cff | -34.8M | 0.00 | -- | -3.5M | -18.3M |
| Interest Received Cfi | 4.2M | 7.6M | -- | -- | -- |
| Long Term Debt Issuance | -- | -- | -- | 0.00 | 98.0M |
| Long Term Debt Payments | -420.7M | -500,000 | 0.00 | 0.00 | -239.0M |
| Net Business Purchase And Sale | 380.4M | -88.6M | -44.4M | -24.8M | -2.0M |
| Net Income From Continuing Operations | 11.8M | -279.1M | 87.1M | -60.3M | 190.7M |
| Net Long Term Debt Issuance | -420.7M | -500,000 | 0.00 | 0.00 | -141.0M |
| Net Other Financing Charges | -- | -- | -- | 2.4M | 100,000 |
| Net Other Investing Changes | 4.5M | -1.0M | -500,000 | -2.0M | -5.7M |
| Operating Gains Losses | -- | -187.3M | -181.0M | -138.4M | -226.9M |
| Proceeds From Stock Option Exercised | -- | -- | -- | 3.3M | 1.1M |
| Unrealized Gain Loss On Investment Securities | -2.2M | 0.00 | -- | -- | -- |