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 | 614.0M | 837.7M | 751.1M | 920.0M | 497.5M |
| Operating Revenue | 609.9M | 829.9M | 734.9M | 905.7M | 483.9M |
| Cost Of Revenue | 279.8M | 775.4M | 322.8M | 49.0M | -137.4M |
| Gross Profit | 334.2M | 62.3M | 428.3M | 871.0M | 634.9M |
| Selling General And Administration | 32.3M | 28.7M | 35.2M | 46.5M | 34.7M |
| General And Administrative Expense | 32.3M | 28.7M | 35.2M | 46.5M | 34.7M |
| Other Operating Expenses | 249.1M | 283.1M | 247.8M | 206.0M | 144.2M |
| Operating Expense | 281.4M | 311.8M | 283.0M | 252.5M | 178.9M |
| Operating Income | 52.8M | -249.5M | 145.3M | 618.5M | 456.0M |
| EBIT | 69.9M | -231.8M | 172.6M | 595.3M | 444.1M |
| Interest Expense | 22.9M | 33.3M | 29.0M | 31.6M | 30.1M |
| Interest Expense Non Operating | 22.9M | 33.3M | 29.0M | 31.6M | 30.1M |
| Net Interest Income | -24.6M | -35.6M | -31.3M | -34.1M | -38.3M |
| Other Income Expense | 18.8M | 20.0M | 29.6M | -20.7M | -3.7M |
| Other Non Operating Income Expenses | 26.7M | 6.2M | 6.8M | 5.1M | 13.7M |
| Special Income Charges | -11.7M | -1.5M | -500,000 | -1.8M | -3.0M |
| Restructuring And Mergern Acquisition | 6.4M | 1.4M | 0.00 | 2.6M | 1.7M |
| Gain On Sale Of Security | 3.8M | 15.3M | 23.3M | -24.0M | -14.4M |
| Pretax Income | 47.0M | -265.1M | 143.6M | 563.7M | 414.0M |
| Tax Provision | 11.8M | -62.5M | 35.6M | -246.4M | 0.00 |
| Tax Effect Of Unusual Items | -2.0M | 3.3M | 5.7M | -6.8M | 0.00 |
| Net Income From Continuing And Discontinued Operation | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Income From Continuing Operation Net Minority Interest | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Income Including Noncontrolling Interests | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Income Common Stockholders | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Income | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| EBITDA | 273.1M | 15.3M | 383.6M | 595.3M | 444.1M |
| Normalized EBITDA | 281.0M | 1.5M | 360.8M | 621.1M | 461.5M |
| Reconciled Depreciation | 203.2M | 247.1M | 211.0M | -111.5M | -198.6M |
| Basic EPS | 0.51 | -2.67 | 1.33 | 9.88 | 5.52 |
| Diluted EPS | 0.49 | -2.67 | 1.28 | 9.60 | 5.34 |
| Basic Average Shares | 69.4M | 76.0M | 80.9M | 82.0M | 75.1M |
| Diluted Average Shares | 71.8M | 76.0M | 84.1M | 84.4M | 77.6M |
| Total Unusual Items | -7.9M | 13.8M | 22.8M | -25.8M | -17.4M |
| Total Unusual Items Excluding Goodwill | -7.9M | 13.8M | 22.8M | -25.8M | -17.4M |
| Tax Rate For Calcs | 0.25 | 0.24 | 0.25 | 0.26 | 0.00 |
| Normalized Income | 41.1M | -213.1M | 90.9M | 829.1M | 431.4M |
| Diluted NI Availto Com Stockholders | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Income Continuous Operations | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Non Operating Interest Income Expense | -24.6M | -35.6M | -31.3M | -34.1M | -38.3M |
| Other Gand A | 20.6M | 20.5M | 19.0M | 18.4M | 15.3M |
| Other Special Charges | 5.3M | 100,000 | 500,000 | -800,000 | 1.3M |
| Reconciled Cost Of Revenue | 279.8M | 775.4M | 322.8M | 49.0M | -137.4M |
| Salaries And Wages | 11.7M | 8.2M | 16.2M | 28.1M | 19.4M |
| Total Expenses | 561.2M | 1.1B | 605.8M | 301.5M | 41.5M |
| Total Other Finance Cost | 1.7M | 2.3M | 2.3M | 2.5M | 8.2M |
| 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 | -- | 0.00 | 500,000 | 800,000 | 7.3M |
| Cash Cash Equivalents And Short Term Investments | -- | 0.00 | 500,000 | 800,000 | 7.3M |
| Cash Financial | -- | 0.00 | 500,000 | 800,000 | 7.3M |
| Accounts Receivable | 56.1M | 88.0M | 70.0M | 82.6M | 68.9M |
| Receivables | 56.1M | 88.0M | 70.0M | 82.6M | 68.9M |
| Prepaid Assets | -- | -- | -- | -- | 9.1M |
| Other Current Assets | 11.0M | 12.0M | 12.8M | 10.7M | 9.1M |
| Current Assets | 90.1M | 492.1M | 94.6M | 100.3M | 87.1M |
| Gross PPE | 8.8B | 8.4B | 11.2B | 11.0B | 10.6B |
| Accumulated Depreciation | -7.3B | -7.1B | -9.3B | -9.1B | -9.2B |
| Net PPE | 1.5B | 1.3B | 1.9B | 1.9B | 1.3B |
| Other Non Current Assets | -1.0M | -- | -- | -300,000 | -- |
| Total Non Current Assets | 1.8B | 1.6B | 2.2B | 2.1B | 1.3B |
| Total Assets | 1.9B | 2.1B | 2.3B | 2.2B | 1.4B |
| Current Debt | 400,000 | 3.5M | 2.0M | -- | 391.0M |
| Current Debt And Capital Lease Obligation | 3.7M | 5.6M | 3.9M | 3.2M | 395.1M |
| Payables And Accrued Expenses | 155.0M | 175.8M | 193.5M | 185.6M | 107.8M |
| Other Current Liabilities | -- | 73.5M | 500,000 | -- | 4.2M |
| Current Liabilities | 167.6M | 275.3M | 230.0M | 222.9M | 530.5M |
| Long Term Debt | 179.9M | 332.4M | 218.0M | 225.3M | -- |
| Long Term Debt And Capital Lease Obligation | 196.1M | 336.9M | 224.1M | 228.1M | 4.6M |
| Long Term Capital Lease Obligation | 16.2M | 4.5M | 6.1M | 2.8M | 4.6M |
| Other Non Current Liabilities | 1.2M | 600,000 | 2.6M | 7.9M | 6.8M |
| Total Non Current Liabilities Net Minority Interest | 295.6M | 433.5M | 376.6M | 401.7M | 135.2M |
| Total Liabilities Net Minority Interest | 463.2M | 708.8M | 606.6M | 624.6M | 665.7M |
| Common Stock | 2.1B | 2.1B | 2.2B | 2.2B | 2.2B |
| Capital Stock | 2.1B | 2.1B | 2.2B | 2.2B | 2.2B |
| Retained Earnings | -802.8M | -838.0M | -635.4M | -743.4M | -1.6B |
| Gains Losses Not Affecting Retained Earnings | 109.6M | 108.6M | 104.1M | 101.2M | 103.2M |
| Other Equity Adjustments | 109.6M | 108.6M | 104.1M | 101.2M | 103.2M |
| Common Stock Equity | 1.4B | 1.4B | 1.6B | 1.6B | 763.5M |
| Stockholders Equity | 1.4B | 1.4B | 1.6B | 1.6B | 763.5M |
| Total Equity Gross Minority Interest | 1.4B | 1.4B | 1.6B | 1.6B | 763.5M |
| Total Capitalization | 1.6B | 1.7B | 1.9B | 1.8B | 763.5M |
| Net Tangible Assets | 1.4B | 1.4B | 1.6B | 1.6B | 763.5M |
| Tangible Book Value | 1.4B | 1.4B | 1.6B | 1.6B | 763.5M |
| Working Capital | -77.5M | 216.8M | -135.4M | -122.6M | -443.4M |
| Invested Capital | 1.6B | 1.7B | 1.9B | 1.8B | 1.2B |
| Total Debt | 199.8M | 342.5M | 228.0M | 231.3M | 399.7M |
| Net Debt | 180.3M | 335.9M | 219.5M | 224.5M | 383.7M |
| Share Issued | 67.3M | 73.7M | 77.6M | 82.4M | 80.8M |
| Ordinary Shares Number | 67.3M | 73.7M | 77.6M | 82.4M | 80.8M |
| Assets Held For Sale Current | 0.00 | 383.7M | 0.00 | -- | -- |
| Buildings And Improvements | 1.7M | 1.7M | 2.7M | 0.00 | 0.00 |
| Capital Lease Obligations | 19.5M | 6.6M | 8.0M | 6.0M | 8.7M |
| Current Capital Lease Obligation | 3.3M | 2.1M | 1.9M | 3.2M | 4.1M |
| Current Notes Payable | -- | -- | -- | -- | 54.9M |
| Current Provisions | 8.9M | 20.4M | 32.1M | 34.1M | 23.4M |
| Financial Assets | 8.7M | 0.00 | 1.0M | 0.00 | -- |
| Hedging Assets Current | 23.0M | 8.4M | 11.3M | 6.2M | 1.8M |
| Land And Improvements | -- | -- | -- | -- | 2.1M |
| Line Of Credit | 400,000 | 500,000 | 0.00 | -- | 321.5M |
| Long Term Provisions | 98.3M | 96.0M | 149.9M | 165.7M | 123.8M |
| Machinery Furniture Equipment | 26.9M | 11.0M | 10.0M | 23.7M | 22.7M |
| Non Current Deferred Assets | 261.5M | 273.3M | 210.8M | 246.4M | 0.00 |
| Non Current Deferred Taxes Assets | 261.5M | 273.3M | 210.8M | 246.4M | 0.00 |
| Other Current Borrowings | -- | 3.0M | 2.0M | -- | 14.6M |
| Other Properties | 182.3M | 182.1M | 181.3M | 179.5M | 178.6M |
| Properties | 8.5B | 8.2B | 11.0B | 10.8B | 10.4B |
| Treasury Shares Number | -- | -- | 0.00 | -- | -- |
| 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 | 239.8M | 361.9M | 352.7M | 456.8M | 198.7M |
| Cash Flow From Continuing Operating Activities | 239.8M | 361.9M | 352.7M | 456.8M | 198.7M |
| Depreciation And Amortization | -- | 1.8M | 3.4M | -- | -- |
| Depreciation Amortization Depletion | 203.2M | 247.1M | 211.0M | -111.5M | -198.6M |
| Stock Based Compensation | 8.3M | 8.2M | 8.0M | 4.7M | 2.3M |
| Deferred Tax | 11.8M | -62.5M | 35.6M | -246.4M | 0.00 |
| Deferred Income Tax | 11.8M | -62.5M | 35.6M | -246.4M | 0.00 |
| Change In Working Capital | 30.6M | -35.7M | 13.6M | 34.8M | -5.1M |
| Other Non Cash Items | -9.5M | -12.6M | -17.9M | -26.7M | -12.8M |
| Capital Expenditure | -299.2M | -426.5M | -293.1M | -319.4M | -141.0M |
| Purchase Of PPE | -300,000 | -83.4M | -600,000 | -4.6M | -100,000 |
| Net PPE Purchase And Sale | 208.0M | -83.4M | -600,000 | -4.6M | -100,000 |
| Purchase Of Business | -- | -- | -- | 0.00 | -33.7M |
| Sale Of Business | 91.4M | 0.00 | -- | -- | -- |
| Investing Cash Flow | -17.2M | -430.5M | -293.6M | -290.8M | -156.6M |
| Cash Flow From Continuing Investing Activities | -17.2M | -430.5M | -293.6M | -290.8M | -156.6M |
| Issuance Of Debt | 175.0M | 167.5M | 2.5M | 125.0M | 16.3M |
| Repayment Of Debt | -335.8M | -55.2M | -14.0M | -292.4M | -83.3M |
| Net Issuance Payments Of Debt | -160.8M | 112.3M | -11.5M | -167.4M | -67.0M |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 | 24.2M |
| Repurchase Of Capital Stock | -54.9M | -41.7M | -47.4M | 0.00 | -- |
| Net Common Stock Issuance | -54.9M | -41.7M | -47.4M | 0.00 | 24.2M |
| Common Stock Payments | -54.9M | -41.7M | -47.4M | 0.00 | -- |
| Financing Cash Flow | -222.5M | 67.6M | -59.4M | -172.5M | -42.9M |
| Cash Flow From Continuing Financing Activities | -222.5M | 67.6M | -59.4M | -172.5M | -42.9M |
| Changes In Cash | 100,000 | -1.0M | -300,000 | -6.5M | -800,000 |
| Beginning Cash Position | -500,000 | 500,000 | 800,000 | 7.3M | 8.1M |
| End Cash Position | -400,000 | -500,000 | 500,000 | 800,000 | 7.3M |
| Free Cash Flow | -59.4M | -64.6M | 59.6M | 137.4M | 57.7M |
| Income Tax Paid Supplemental Data | -- | -- | 0.00 | 0.00 | 0.00 |
| Interest Paid Supplemental Data | 22.0M | 32.1M | 27.5M | 29.2M | 30.1M |
| Asset Impairment Charge | -- | 415.3M | 2.7M | -- | -- |
| Capital Expenditure Reported | -298.9M | -343.1M | -292.5M | -314.8M | -140.9M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Stock Issuance | -- | -- | -- | 0.00 | 24.2M |
| Depletion | 203.2M | 245.3M | 211.0M | -111.5M | -198.6M |
| Depreciation | -- | 1.8M | 3.4M | -- | -- |
| Gain Loss On Investment Securities | -24.6M | 4.7M | -5.6M | -8.6M | 2.6M |
| Gain Loss On Sale Of Business | -15.2M | 0.00 | -- | -- | -- |
| Interest Paid Cff | -4.1M | -1.8M | -800,000 | -6.5M | 0.00 |
| Interest Paid Cfo | -- | -- | -- | 0.00 | -4.7M |
| Long Term Debt Issuance | 175.0M | 167.5M | 2.5M | 125.0M | 16.3M |
| Long Term Debt Payments | -335.8M | -55.2M | -14.0M | -292.4M | -83.3M |
| Net Business Purchase And Sale | 91.4M | 0.00 | -- | 0.00 | -33.7M |
| Net Foreign Currency Exchange Gain Loss | -- | -- | 0.00 | 700,000 | -200,000 |
| Net Income From Continuing Operations | 35.2M | -202.6M | 108.0M | 810.1M | 414.0M |
| Net Long Term Debt Issuance | -160.8M | 112.3M | -11.5M | -167.4M | -67.0M |
| Net Other Financing Charges | -700,000 | -1.8M | -800,000 | -6.5M | -- |
| Net Other Investing Changes | -17.7M | -4.0M | -500,000 | 28.6M | 18.1M |
| Operating Gains Losses | -39.8M | 4.7M | -5.6M | -7.9M | 2.4M |
| Proceeds From Stock Option Exercised | -2.0M | -1.2M | 300,000 | 1.4M | -100,000 |
| Provisionand Write Offof Assets | -- | -- | 0.00 | -300,000 | 1.2M |
| Sale Of PPE | 208.3M | 0.00 | -- | -- | -- |