Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 343.9M | 233.6M | 193.2M | 4.1M |
| Operating Revenue | 343.9M | 233.6M | 193.2M | 4.1M |
| Cost Of Revenue | 126.3M | 92.1M | 65.4M | 1.4M |
| Gross Profit | 217.6M | 141.5M | 127.9M | 2.7M |
| Selling General And Administration | 21.7M | 16.6M | 13.4M | 9.5M |
| General And Administrative Expense | 21.7M | 16.6M | 13.4M | 9.5M |
| Depreciation And Amortization In Income Statement | 407,000 | 504,000 | 277,000 | 154,000 |
| Other Operating Expenses | 35.1M | 35.2M | 19.4M | 15.3M |
| Operating Expense | 57.2M | 52.3M | 33.1M | 25.0M |
| Operating Income | 160.4M | 89.2M | 94.8M | -22.3M |
| EBIT | 182.6M | 18.9M | 86.8M | -24.9M |
| Interest Expense | 6.4M | 11.3M | 8.4M | 1.4M |
| Interest Expense Non Operating | 6.4M | 11.3M | 8.4M | 1.4M |
| Interest Income | 10.8M | 5.4M | 2.2M | 341,000 |
| Interest Income Non Operating | 10.8M | 5.4M | 2.2M | 341,000 |
| Net Interest Income | 4.5M | -5.9M | -6.2M | -1.1M |
| Other Income Expense | 11.4M | -75.7M | -10.2M | -2.9M |
| Other Non Operating Income Expenses | -- | -- | 41,000 | 809,000 |
| Special Income Charges | -5,000 | -74.3M | -13.2M | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | -220,000 |
| Gain On Sale Of Security | 11.4M | -1.4M | 3.1M | -3.7M |
| Pretax Income | 176.3M | 7.6M | 78.4M | -26.3M |
| Tax Provision | 87.3M | 34.6M | 32.6M | 0.00 |
| Tax Effect Of Unusual Items | 1.7M | -30.3M | -2.7M | 0.00 |
| Net Income From Continuing And Discontinued Operation | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Income From Continuing Operation Net Minority Interest | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Income Including Noncontrolling Interests | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Income Common Stockholders | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Income | 89.0M | -27.0M | 45.8M | -26.3M |
| EBITDA | 223.7M | 48.0M | 102.0M | -24.7M |
| Normalized EBITDA | 212.4M | 123.8M | 112.2M | -21.0M |
| Reconciled Depreciation | 41.1M | 29.2M | 15.2M | 154,000 |
| Basic EPS | 0.28 | -0.09 | 0.17 | -0.11 |
| Diluted EPS | 0.27 | -0.09 | 0.16 | -0.11 |
| Basic Average Shares | 318.7M | 311.5M | 272.2M | 241.4M |
| Diluted Average Shares | 333.9M | 311.5M | 292.8M | 241.4M |
| Total Unusual Items | 11.4M | -75.7M | -10.2M | -3.7M |
| Total Unusual Items Excluding Goodwill | 11.4M | -75.7M | -10.2M | -3.7M |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.00 |
| Normalized Income | 79.3M | 18.4M | 53.3M | -22.6M |
| Depreciation Amortization Depletion Income Statement | 407,000 | 504,000 | 277,000 | 154,000 |
| Depreciation Income Statement | 407,000 | 504,000 | 277,000 | 154,000 |
| Diluted NI Availto Com Stockholders | 89.0M | -27.0M | 45.8M | -26.3M |
| Impairment Of Capital Assets | 0.00 | 72.7M | 0.00 | -- |
| Net Income Continuous Operations | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Non Operating Interest Income Expense | 4.5M | -5.9M | -6.2M | -1.1M |
| Other Gand A | 8.9M | 6.7M | 5.5M | 4.3M |
| Other Special Charges | 5,000 | 1.5M | 13.2M | -220,000 |
| Reconciled Cost Of Revenue | 85.6M | 63.5M | 50.4M | 1.4M |
| Salaries And Wages | 12.8M | 9.9M | 7.9M | 5.3M |
| Total Expenses | 183.5M | 144.4M | 98.5M | 26.4M |
| Total Operating Income As Reported | 217.6M | 141.5M | 127.9M | 2.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 160.8M | 96.6M | 96.3M | 20.5M |
| Cash Cash Equivalents And Short Term Investments | 160.8M | 96.6M | 96.3M | 20.5M |
| Cash Financial | 160.8M | 96.6M | 96.3M | 20.5M |
| Accounts Receivable | 229,000 | 379,000 | 365,000 | 306,000 |
| Receivables | 8.7M | 15.9M | 9.0M | 17.1M |
| Inventory | 29.2M | 29.5M | 22.4M | 9.7M |
| Prepaid Assets | 3.3M | 3.1M | 2.8M | 1.1M |
| Current Assets | 204.6M | 145.2M | 132.9M | 48.3M |
| Gross PPE | 477.0M | 436.1M | 489.6M | 305.2M |
| Accumulated Depreciation | -92.4M | -54.3M | -22.5M | -1.0M |
| Net PPE | 384.6M | 381.7M | 467.2M | 304.1M |
| Other Non Current Assets | 8.3M | 8.1M | 6.2M | 5.0M |
| Total Non Current Assets | 393.7M | 390.6M | 481.0M | 316.6M |
| Total Assets | 598.3M | 535.8M | 613.8M | 364.9M |
| Current Debt | -- | -- | 22.8M | 25.3M |
| Current Debt And Capital Lease Obligation | 833,000 | 915,000 | 45.8M | 25.7M |
| Accounts Payable | 11.3M | 9.8M | 6.7M | 6.0M |
| Payables | 45.2M | 21.2M | 43.8M | 6.1M |
| Payables And Accrued Expenses | 50.7M | 27.7M | 48.8M | 12.1M |
| Current Accrued Expenses | 5.5M | 6.5M | 5.0M | 6.0M |
| Current Deferred Revenue | -- | 4.1M | 3.1M | -- |
| Current Liabilities | 51.6M | 28.7M | 97.8M | 37.8M |
| Long Term Debt | -- | 88.3M | 100.8M | 136.1M |
| Long Term Debt And Capital Lease Obligation | 1.3M | 90.3M | 103.1M | 137.1M |
| Long Term Capital Lease Obligation | 1.3M | 2.0M | 2.3M | 1.0M |
| Other Non Current Liabilities | 1.7M | 443,000 | 172,000 | 161,000 |
| Total Non Current Liabilities Net Minority Interest | 39.3M | 106.6M | 119.1M | 142.7M |
| Total Liabilities Net Minority Interest | 90.9M | 135.2M | 216.8M | 180.5M |
| Common Stock | 494.8M | 474.4M | 445.3M | 269.2M |
| Capital Stock | 494.8M | 474.4M | 445.3M | 269.2M |
| Retained Earnings | -8.8M | -97.8M | -70.8M | -116.5M |
| Gains Losses Not Affecting Retained Earnings | 21.4M | 23.9M | 22.4M | 31.7M |
| Other Equity Adjustments | 21.4M | 23.9M | 22.4M | 31.7M |
| Common Stock Equity | 507.4M | 400.5M | 397.0M | 184.4M |
| Stockholders Equity | 507.4M | 400.5M | 397.0M | 184.4M |
| Total Equity Gross Minority Interest | 507.4M | 400.5M | 397.0M | 184.4M |
| Total Capitalization | 507.4M | 488.9M | 497.8M | 320.5M |
| Net Tangible Assets | 507.4M | 400.5M | 397.0M | 184.4M |
| Tangible Book Value | 507.4M | 400.5M | 397.0M | 184.4M |
| Working Capital | 153.1M | 116.5M | 35.1M | 10.6M |
| Invested Capital | 507.4M | 488.9M | 520.6M | 345.8M |
| Total Debt | 2.2M | 91.3M | 149.0M | 162.8M |
| Net Debt | -- | -- | 27.3M | 140.8M |
| Share Issued | 321.7M | 315.1M | 305.8M | 247.6M |
| Ordinary Shares Number | 321.7M | 315.1M | 305.8M | 247.6M |
| Buildings And Improvements | 83.5M | 71.2M | 72.0M | 66,000 |
| Capital Lease Obligations | 2.2M | 2.9M | 3.2M | 1.4M |
| Construction In Progress | 5.3M | 4.9M | 0.00 | -- |
| Current Capital Lease Obligation | 833,000 | 915,000 | 846,000 | 372,000 |
| Current Deferred Liabilities | -- | 4.1M | 3.1M | -- |
| Derivative Product Liabilities | 249,000 | 0.00 | -- | -- |
| Financial Assets | 869,000 | 0.00 | -- | -- |
| Finished Goods | 8.5M | 4.0M | 1.4M | -- |
| Hedging Assets Current | 2.5M | 0.00 | -- | -- |
| Income Tax Payable | 29.0M | 8.0M | 33.1M | -- |
| Interest Payable | -- | 59,000 | 1.7M | 0.00 |
| Long Term Provisions | 9.8M | 7.4M | 8.3M | 5.5M |
| Machinery Furniture Equipment | 56.9M | 54.1M | 52.3M | 5.2M |
| Non Current Accounts Receivable | -- | 826,000 | 5.2M | 7.4M |
| Non Current Accrued Expenses | -- | -- | -- | 161,000 |
| Non Current Deferred Assets | -- | 0.00 | 2.4M | 0.00 |
| Non Current Deferred Liabilities | 26.2M | 8.4M | 7.5M | 0.00 |
| Non Current Deferred Revenue | 8.7M | 8.2M | 7.5M | 0.00 |
| Non Current Deferred Taxes Assets | -- | 0.00 | 2.4M | 0.00 |
| Non Current Deferred Taxes Liabilities | 17.6M | 193,000 | 0.00 | -- |
| Other Current Borrowings | -- | -- | 22.8M | 25.3M |
| Other Inventories | 1.1M | 913,000 | 1.9M | 2.5M |
| Other Payable | 4.9M | 3.4M | 3.9M | 139,000 |
| Other Properties | 6.8M | 8.0M | 6.8M | 3.4M |
| Raw Materials | 4.6M | 4.0M | 3.2M | 686,000 |
| Restricted Cash | -- | 0.00 | 2.3M | 0.00 |
| Taxes Receivable | 8.5M | 15.6M | 8.7M | 16.8M |
| Total Tax Payable | 29.0M | 8.0M | 33.1M | 0.00 |
| Work In Process | 15.0M | 20.5M | 16.0M | 6.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 174.6M | 65.3M | 95.3M | -24.7M |
| Cash Flow From Continuing Operating Activities | 174.6M | 65.3M | 95.3M | -24.7M |
| Depreciation And Amortization | -- | 29.2M | 15.2M | 154,000 |
| Depreciation Amortization Depletion | 41.1M | 29.2M | 15.2M | 154,000 |
| Stock Based Compensation | 4.8M | 3.2M | 2.4M | 2.3M |
| Deferred Tax | 87.3M | 34.6M | 32.6M | 0.00 |
| Deferred Income Tax | 87.3M | 34.6M | 32.6M | 0.00 |
| Change In Working Capital | 1.8M | -3.6M | -15.8M | -6.6M |
| Changes In Account Receivables | -504,000 | -294,000 | -47,000 | -604,000 |
| Change In Receivables | 1.6M | -868,000 | -8.1M | -604,000 |
| Change In Inventory | -1.4M | -5.6M | -9.2M | -10.8M |
| Change In Payables And Accrued Expense | 1.6M | 2.9M | 1.5M | 4.8M |
| Change In Payable | -- | 2.9M | 1.5M | 3.3M |
| Other Non Cash Items | 3.2M | 12.2M | 6.8M | 1.3M |
| Capital Expenditure | -29.4M | -20.9M | -18.0M | -96.2M |
| Purchase Of PPE | -16.1M | -8.1M | -18.0M | -96.2M |
| Net PPE Purchase And Sale | -16.1M | -8.1M | -18.0M | -96.2M |
| Purchase Of Business | -2.7M | 0.00 | -1.2M | 0.00 |
| Investing Cash Flow | -21.9M | -41.7M | -13.4M | -113.3M |
| Cash Flow From Continuing Investing Activities | -21.9M | -41.7M | -13.4M | -113.3M |
| Issuance Of Debt | -- | 113.3M | 128.1M | 0.00 |
| Repayment Of Debt | -89.7M | -37.5M | -144.5M | -649,000 |
| Net Issuance Payments Of Debt | -89.7M | -37.5M | -16.3M | -649,000 |
| Issuance Of Capital Stock | 0.00 | 18.4M | -- | 33.4M |
| Repurchase Of Capital Stock | -- | -- | -261,000 | -- |
| Net Common Stock Issuance | 0.00 | 18.4M | -261,000 | 33.4M |
| Common Stock Payments | -- | -- | -261,000 | -- |
| Financing Cash Flow | -86.6M | -23.1M | -5.4M | 86.0M |
| Cash Flow From Continuing Financing Activities | -86.6M | -23.1M | -5.4M | 86.0M |
| Effect Of Exchange Rate Changes | -1.9M | -83,000 | -814,000 | 393,000 |
| Changes In Cash | 66.1M | 437,000 | 76.6M | -52.1M |
| Beginning Cash Position | 96.6M | 96.3M | 20.5M | 72.2M |
| End Cash Position | 160.8M | 96.6M | 96.3M | 20.5M |
| Free Cash Flow | 145.2M | 44.4M | 77.3M | -121.0M |
| Asset Impairment Charge | 0.00 | 72.7M | 0.00 | -- |
| Capital Expenditure Reported | -13.3M | -12.7M | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -- | 2.9M | 1.5M | 3.3M |
| Change In Accrued Expense | -- | -- | -1.9M | 1.5M |
| Common Stock Issuance | 0.00 | 18.4M | -- | 33.4M |
| Depreciation | -- | 29.2M | 15.2M | 154,000 |
| Interest Paid Cff | -5.9M | -11.8M | -8.8M | -11.3M |
| Interest Received Cfo | -- | -- | 2.2M | 458,000 |
| Long Term Debt Issuance | -- | 113.3M | 128.1M | 0.00 |
| Long Term Debt Payments | -89.7M | -37.5M | -144.5M | -649,000 |
| Net Business Purchase And Sale | -2.7M | 0.00 | -1.2M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -6.7M | -843,000 | -1.9M | 3.9M |
| Net Income From Continuing Operations | 89.0M | -27.0M | 45.8M | -26.3M |
| Net Long Term Debt Issuance | -89.7M | -37.5M | -16.3M | -649,000 |
| Net Other Financing Charges | -- | -- | -129.4M | 49.7M |
| Net Other Investing Changes | 10.2M | -20.9M | 5.8M | -17.0M |
| Operating Gains Losses | -6.7M | 704,000 | 11.4M | 3.9M |
| Proceeds From Stock Option Exercised | 9.0M | 7.8M | 20.0M | 14.8M |
| Provisionand Write Offof Assets | -- | -- | -- | 84,000 |
| Taxes Refund Paid | -42.7M | -56.8M | -3.1M | 0.00 |
| Unrealized Gain Loss On Investment Securities | -3.1M | 0.00 | -- | -- |