Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 199.7M | 216.7M | 69.3M | 76.4M | 0.00 |
| Operating Revenue | 199.7M | 216.7M | 69.3M | 76.4M | 0.00 |
| Cost Of Revenue | 277.9M | 161.0M | 23.9M | 63.3M | -- |
| Gross Profit | -78.2M | 55.7M | 45.4M | 13.1M | -- |
| Selling General And Administration | 5.0M | 9.2M | 8.7M | 13.5M | 13.3M |
| General And Administrative Expense | 5.0M | 9.2M | 8.7M | 13.5M | 13.3M |
| Other Operating Expenses | -- | 3.0M | 2.8M | 500,000 | -- |
| Operating Expense | 5.0M | 9.2M | 8.7M | 13.5M | -291.7M |
| Operating Income | -83.2M | 46.5M | 36.7M | -400,000 | 291.7M |
| EBIT | -62.4M | 35.3M | 35.1M | 56.9M | 7.2M |
| Interest Expense | 33.3M | 3.0M | 14.6M | 2.2M | 1.0M |
| Interest Expense Non Operating | 33.3M | 3.0M | 14.6M | 2.2M | 1.0M |
| Interest Income | 500,000 | 1.2M | 1.3M | 1.1M | 100,000 |
| Interest Income Non Operating | 500,000 | 1.2M | 1.3M | 1.1M | 100,000 |
| Net Interest Income | -12.0M | -13.8M | -16.2M | -1.7M | -900,000 |
| Other Income Expense | -500,000 | -400,000 | -- | 56.8M | -284.6M |
| Special Income Charges | 0.00 | 0.00 | 0.00 | 42.9M | -436.7M |
| Write Off | 0.00 | 0.00 | 0.00 | -42.9M | -- |
| Earnings From Equity Interest | -500,000 | -400,000 | 0.00 | 13.9M | 152.1M |
| Pretax Income | -95.7M | 32.3M | 20.5M | 54.7M | 6.2M |
| Tax Provision | -4.9M | 27.1M | 17.4M | 3.8M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 3.0M | -65.5M |
| Net Income From Continuing And Discontinued Operation | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Net Income From Continuing Operation Net Minority Interest | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Net Income Including Noncontrolling Interests | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Net Income Common Stockholders | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Net Income | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| EBITDA | -9.1M | 108.6M | 105.4M | 69.0M | 7.2M |
| Normalized EBITDA | -9.1M | 108.6M | 105.4M | 26.1M | 443.9M |
| Reconciled Depreciation | 53.3M | 73.3M | 70.3M | 12.1M | -- |
| Basic EPS | -- | 0.01 | 0.00 | 0.11 | -- |
| Diluted EPS | -- | 0.01 | 0.00 | 0.11 | -- |
| Basic Average Shares | -- | 675.5M | 675.0M | 468.5M | -- |
| Diluted Average Shares | -- | 682.8M | 682.0M | 476.8M | -- |
| Total Unusual Items | 0.00 | 0.00 | 0.00 | 42.9M | -436.7M |
| Total Unusual Items Excluding Goodwill | 0.00 | 0.00 | 0.00 | 42.9M | -436.7M |
| Tax Rate For Calcs | 0.05 | 0.15 | 0.15 | 0.07 | 0.15 |
| Normalized Income | -90.8M | 5.2M | 3.1M | 11.0M | 377.4M |
| Average Dilution Earnings | 0.00 | 0.00 | -- | -- | -- |
| Diluted NI Availto Com Stockholders | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Impairment Of Capital Assets | -- | -- | -- | -- | 0.00 |
| Net Income Continuous Operations | -90.8M | 5.2M | 3.1M | 50.9M | 6.2M |
| Net Non Operating Interest Income Expense | -12.0M | -13.8M | -16.2M | -1.7M | -900,000 |
| Other Gand A | 5.0M | 9.2M | 8.7M | 13.5M | 13.3M |
| Reconciled Cost Of Revenue | 277.9M | 161.0M | 23.9M | 63.3M | -- |
| Total Expenses | 282.9M | 170.2M | 32.6M | 76.8M | -291.7M |
| Total Operating Income As Reported | -83.2M | 46.5M | -- | -400,000 | 7.1M |
| Total Other Finance Cost | -20.8M | 12.0M | 2.9M | 600,000 | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 174.7M | 176.7M | 266.6M | 428.4M | 61.4M |
| Cash Cash Equivalents And Short Term Investments | 174.7M | 176.7M | 266.6M | 428.4M | 61.4M |
| Accounts Receivable | 5.6M | 6.1M | 69.0M | 156.2M | 0.00 |
| Receivables | 77.7M | 111.0M | 231.8M | 211.9M | 8.3M |
| Inventory | 94.2M | 94.8M | 95.6M | 94.8M | 0.00 |
| Current Assets | 348.8M | 382.5M | 594.0M | 735.1M | 76.7M |
| Gross PPE | 1.8B | 1.6B | 1.7B | 1.6B | 32.5M |
| Accumulated Depreciation | -313.2M | -- | -- | -- | -- |
| Net PPE | 1.5B | 1.6B | 1.7B | 1.6B | 32.5M |
| Investments And Advances | 142.2M | 142.7M | 143.1M | 143.1M | 506.0M |
| Long Term Equity Investment | 142.2M | 142.7M | 143.1M | 143.1M | 506.0M |
| Total Non Current Assets | 1.6B | 1.7B | 1.8B | 1.8B | 538.5M |
| Total Assets | 2.0B | 2.1B | 2.4B | 2.5B | 615.2M |
| Current Debt And Capital Lease Obligation | 68.6M | 64.3M | 164.6M | 214.4M | 700,000 |
| Payables | 175.3M | 153.9M | 193.8M | 215.4M | 2.0M |
| Payables And Accrued Expenses | 199.3M | 172.6M | 212.1M | 237.3M | 9.7M |
| Current Accrued Expenses | 24.0M | 18.7M | 18.3M | 21.9M | 7.7M |
| Current Liabilities | 367.7M | 335.0M | 473.8M | 551.6M | 14.6M |
| Long Term Debt | 262.3M | 296.6M | 376.1M | 406.3M | -- |
| Long Term Debt And Capital Lease Obligation | 265.2M | 299.8M | 378.6M | 408.8M | 2.6M |
| Long Term Capital Lease Obligation | 2.9M | 3.2M | 2.5M | 2.5M | 2.6M |
| Total Non Current Liabilities Net Minority Interest | 818.3M | 912.2M | 1.0B | 1.0B | 51.8M |
| Total Liabilities Net Minority Interest | 1.2B | 1.2B | 1.5B | 1.6B | 66.4M |
| Common Stock | 1.5B | 1.5B | 1.5B | 1.5B | 1.2B |
| Capital Stock | 1.5B | 1.5B | 1.5B | 1.5B | 1.2B |
| Additional Paid In Capital | 95.5M | 95.5M | 95.5M | 95.5M | 87.4M |
| Retained Earnings | -865.8M | -750.0M | -730.1M | -708.1M | -734.0M |
| Treasury Stock | 0.00 | 0.00 | 0.00 | 0.00 | 400,000 |
| Common Stock Equity | 765.9M | 881.3M | 901.2M | 922.2M | 548.8M |
| Stockholders Equity | 765.9M | 881.3M | 901.2M | 922.2M | 548.8M |
| Total Equity Gross Minority Interest | 765.9M | 881.3M | 901.2M | 922.2M | 548.8M |
| Total Capitalization | 1.0B | 1.2B | 1.3B | 1.3B | 548.8M |
| Net Tangible Assets | 765.9M | 881.3M | 901.2M | 922.2M | 548.8M |
| Tangible Book Value | 765.9M | 881.3M | 901.2M | 922.2M | 548.8M |
| Working Capital | -18.9M | 47.5M | 120.2M | 183.5M | 62.1M |
| Invested Capital | 1.0B | 1.2B | 1.3B | 1.3B | 548.8M |
| Total Debt | 333.8M | 364.1M | 543.2M | 623.2M | 3.3M |
| Net Debt | 87.6M | 119.9M | 109.5M | -- | -- |
| Share Issued | 675.9M | 675.5M | 675.5M | 674.7M | 439.1M |
| Ordinary Shares Number | 675.9M | 675.5M | 675.5M | 674.7M | 439.1M |
| Assets Held For Sale Current | 0.00 | 0.00 | 0.00 | 0.00 | 7.0M |
| Buildings And Improvements | -- | -- | -- | -- | 3.2M |
| Capital Lease Obligations | 3.8M | 4.1M | 3.2M | 3.2M | 3.3M |
| Current Capital Lease Obligation | 900,000 | 900,000 | 700,000 | 700,000 | 700,000 |
| Current Provisions | -- | 98.1M | 97.1M | 99.9M | -- |
| Dividends Payable | -- | -- | -- | 25.0M | -- |
| Employee Benefits | 3.4M | -- | -- | -- | 3.1M |
| Hedging Assets Current | 2.2M | -- | -- | -- | -- |
| Investmentsin Associatesat Cost | 142.2M | 142.7M | 143.1M | 143.1M | 177.6M |
| Investmentsin Joint Venturesat Cost | 0.00 | 0.00 | 0.00 | 0.00 | 328.4M |
| Loans Receivable | 0.00 | 0.00 | 0.00 | 0.00 | 4.3M |
| Long Term Provisions | 267.9M | 270.3M | 266.1M | 295.5M | 46.1M |
| Non Current Deferred Liabilities | 281.8M | 342.1M | 371.1M | 331.1M | 0.00 |
| Non Current Deferred Taxes Liabilities | 281.8M | 342.1M | 371.1M | 331.1M | 0.00 |
| Non Current Note Receivables | -- | -- | -- | -- | 0.00 |
| Other Payable | 126.8M | 105.5M | 147.7M | 140.5M | 2.0M |
| Other Properties | 3.7M | 4.2M | 3.5M | 3.2M | 3.2M |
| Other Receivables | 72.1M | 104.9M | 162.8M | 55.7M | 4.0M |
| Pensionand Other Post Retirement Benefit Plans Current | 99.8M | -- | -- | -- | 4.2M |
| Total Tax Payable | 48.5M | 48.4M | 46.1M | 49.9M | 0.00 |
| Treasury Shares Number | -- | -- | -- | -- | 0.00 |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 79.1M | 146.7M | 10.4M | 36.4M | -16.1M |
| Cash Flow From Continuing Operating Activities | 79.1M | 146.7M | 10.4M | 36.4M | -16.1M |
| Depreciation Amortization Depletion | 53.3M | 73.3M | 70.3M | 12.1M | -- |
| Stock Based Compensation | -- | -- | -- | 4.0M | 200,000 |
| Deferred Tax | -55.4M | -56.1M | -8.4M | -16.0M | -- |
| Deferred Income Tax | -55.4M | -56.1M | -8.4M | -16.0M | -- |
| Change In Working Capital | 60.4M | 81.1M | -84.8M | 37.3M | -4.0M |
| Other Non Cash Items | 12.9M | 15.7M | 12.8M | 1.1M | 1.9M |
| Capital Expenditure | -19.8M | -21.8M | -30.4M | -3.6M | -900,000 |
| Purchase Of PPE | -19.8M | -21.8M | -30.4M | -3.6M | -900,000 |
| Net PPE Purchase And Sale | -19.8M | -21.8M | -30.4M | -3.6M | -900,000 |
| Purchase Of Business | 0.00 | 0.00 | 0.00 | -- | -61.1M |
| Sale Of Business | 0.00 | 0.00 | -- | 380.4M | -- |
| Purchase Of Investment | -- | -- | -400,000 | -- | -- |
| Net Investment Purchase And Sale | -- | -- | -400,000 | -- | -- |
| Investing Cash Flow | -19.2M | -20.7M | -29.2M | 473.8M | -51.2M |
| Cash Flow From Continuing Investing Activities | -19.2M | -20.7M | -29.2M | 473.8M | -51.2M |
| Repayment Of Debt | -30.2M | -180.2M | -80.2M | -130.1M | -200,000 |
| Net Issuance Payments Of Debt | -30.2M | -180.2M | -80.2M | -130.1M | -200,000 |
| Repurchase Of Capital Stock | 0.00 | 0.00 | 0.00 | -8.3M | -6.2M |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | -8.3M | -6.2M |
| Common Stock Dividend Paid | -25.0M | -25.1M | -50.1M | 0.00 | 0.00 |
| Common Stock Payments | 0.00 | 0.00 | 0.00 | -8.3M | -6.2M |
| Financing Cash Flow | -61.9M | -215.9M | -142.9M | -143.3M | -6.4M |
| Cash Flow From Continuing Financing Activities | -61.9M | -215.9M | -142.9M | -143.3M | -6.4M |
| Effect Of Exchange Rate Changes | 0.00 | 0.00 | -100,000 | 100,000 | -1.0M |
| Changes In Cash | -2.0M | -89.9M | -161.7M | 366.9M | -73.7M |
| Beginning Cash Position | 176.7M | 266.6M | 428.4M | 61.4M | 136.1M |
| End Cash Position | 174.7M | 176.7M | 266.6M | 428.4M | 61.4M |
| Free Cash Flow | 59.3M | 124.9M | -20.0M | 32.8M | -17.0M |
| Asset Impairment Charge | 105.3M | 0.00 | 0.00 | -42.9M | 131.7M |
| Cash Dividends Paid | -25.0M | -25.1M | -50.1M | 0.00 | 0.00 |
| Depletion | 53.3M | 73.3M | 70.3M | 12.1M | -- |
| Dividends Received Cfi | 0.00 | 0.00 | 0.00 | 91.6M | 11.0M |
| Earnings Losses From Equity Investments | 500,000 | 400,000 | 0.00 | -13.9M | -152.1M |
| Interest Paid Cff | -6.7M | -10.6M | -12.6M | -4.9M | -- |
| Interest Received Cfi | 600,000 | 1.1M | 1.6M | 900,000 | -- |
| Long Term Debt Payments | -30.2M | -180.2M | -80.2M | -130.1M | -200,000 |
| Net Business Purchase And Sale | 0.00 | 0.00 | 0.00 | 380.4M | -61.1M |
| Net Income From Continuing Operations | -95.7M | 32.3M | 20.5M | 54.7M | 6.2M |
| Net Long Term Debt Issuance | -30.2M | -180.2M | -80.2M | -130.1M | -200,000 |
| Net Other Investing Changes | 0.00 | -- | -- | 4.5M | -200,000 |
| Operating Gains Losses | -- | 400,000 | -- | -13.9M | -152.1M |