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 | 283.5M | 271.5M | 43.4M | 0.00 |
| Operating Revenue | 283.5M | 271.5M | 43.4M | 0.00 |
| Cost Of Revenue | 165.8M | 174.3M | 26.8M | 0.00 |
| Gross Profit | 117.7M | 97.2M | 16.7M | 0.00 |
| Selling General And Administration | 11.9M | 9.5M | 7.3M | 6.7M |
| General And Administrative Expense | 11.9M | 9.5M | 7.3M | 6.7M |
| Depreciation And Amortization In Income Statement | 101,000 | 106,000 | 118,000 | 257,841 |
| Other Operating Expenses | 1.6M | 5.6M | 7.9M | 1.6M |
| Operating Expense | 13.6M | 15.2M | 15.4M | 8.6M |
| Operating Income | 104.1M | 81.9M | 1.3M | -8.6M |
| EBIT | 98.6M | 78.1M | 3.5M | -18.7M |
| Interest Expense | 13.7M | 15.2M | 1.6M | 28,773 |
| Interest Expense Non Operating | 13.7M | 15.2M | 1.6M | 28,773 |
| Interest Income | 1.0M | 809,000 | 77,000 | 173,218 |
| Interest Income Non Operating | 1.0M | 809,000 | 77,000 | 173,218 |
| Net Interest Income | -13.9M | -15.0M | -1.7M | 144,445 |
| Other Income Expense | -5.3M | -4.1M | 2.2M | -10.3M |
| Other Non Operating Income Expenses | -7.7M | -1.6M | 1.3M | -929,488 |
| Gain On Sale Of Security | 2.4M | -2.6M | 905,000 | -9.4M |
| Pretax Income | 84.9M | 62.9M | 1.9M | -18.7M |
| Tax Provision | 20.8M | 13.2M | 0.00 | 0.00 |
| Tax Effect Of Unusual Items | 588,203 | -536,963 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | 55.7M | 43.1M | 930,000 | -18.6M |
| Net Income From Continuing Operation Net Minority Interest | 55.7M | 43.1M | 930,000 | -18.6M |
| Net Income Including Noncontrolling Interests | 64.1M | 49.6M | 1.9M | -18.7M |
| Minority Interests | -8.4M | -6.5M | -956,000 | 147,106 |
| Net Income Common Stockholders | 55.7M | 43.1M | 930,000 | -18.6M |
| Net Income | 55.7M | 43.1M | 930,000 | -18.6M |
| EBITDA | 127.0M | 107.9M | 6.4M | -18.4M |
| Normalized EBITDA | 124.6M | 110.4M | 5.5M | -9.1M |
| Reconciled Depreciation | 28.5M | 29.8M | 2.9M | 257,841 |
| Basic EPS | 0.14 | 0.12 | 0.00 | -0.06 |
| Diluted EPS | 0.13 | 0.12 | 0.00 | -0.06 |
| Basic Average Shares | 407.1M | 358.2M | 329.9M | 317.9M |
| Diluted Average Shares | 414.3M | 368.3M | 346.6M | 317.9M |
| Total Unusual Items | 2.4M | -2.6M | 905,000 | -9.4M |
| Total Unusual Items Excluding Goodwill | 2.4M | -2.6M | 905,000 | -9.4M |
| Tax Rate For Calcs | 0.25 | 0.21 | 0.00 | 0.00 |
| Normalized Income | 53.9M | 45.2M | 25,000 | -9.2M |
| Depreciation Amortization Depletion Income Statement | 101,000 | 106,000 | 118,000 | 257,841 |
| Depreciation Income Statement | 101,000 | 106,000 | 118,000 | 257,841 |
| Diluted NI Availto Com Stockholders | 55.7M | 43.1M | 930,000 | -18.6M |
| Net Income Continuous Operations | 64.1M | 49.6M | 1.9M | -18.7M |
| Net Non Operating Interest Income Expense | -13.9M | -15.0M | -1.7M | 144,445 |
| Other Gand A | 9.2M | 7.3M | 5.5M | 4.9M |
| Reconciled Cost Of Revenue | 137.4M | 144.6M | 24.0M | 0.00 |
| Salaries And Wages | 2.8M | 2.2M | 1.9M | 1.8M |
| Total Expenses | 179.4M | 189.6M | 42.1M | 8.6M |
| Total Operating Income As Reported | 104.1M | 81.9M | 1.3M | -- |
| Total Other Finance Cost | 1.3M | 539,000 | 95,000 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 74.0M | 19.5M | 9.2M | 36.1M |
| Cash Cash Equivalents And Short Term Investments | 74.0M | 19.5M | 9.2M | 36.1M |
| Cash Financial | 74.0M | 19.5M | 9.2M | 36.1M |
| Receivables | 18.6M | 9.5M | 5.4M | 313,391 |
| Inventory | 12.8M | 13.7M | 12.7M | 356,961 |
| Prepaid Assets | -- | 7.6M | 4.0M | 2.4M |
| Other Current Assets | 10.9M | 10.3M | -- | -- |
| Current Assets | 116.3M | 52.9M | 31.2M | 39.1M |
| Gross PPE | 286.8M | 236.7M | 195.6M | 105.6M |
| Accumulated Depreciation | -73.2M | -43.5M | -12.3M | -8.3M |
| Net PPE | 213.5M | 193.2M | 183.3M | 97.3M |
| Investments And Advances | -- | 36,000 | 306,000 | 403,144 |
| Other Non Current Assets | 88.7M | 58.3M | 37.4M | -- |
| Total Non Current Assets | 332.3M | 267.2M | 221.1M | 101.4M |
| Total Assets | 448.6M | 320.1M | 252.3M | 140.5M |
| Current Debt | -- | 20.2M | 33.0M | -- |
| Current Debt And Capital Lease Obligation | 19.2M | 20.4M | 33.2M | 137,082 |
| Accounts Payable | 19.9M | 21.8M | 17.5M | 6.3M |
| Payables | 40.5M | 41.5M | 18.2M | 6.6M |
| Payables And Accrued Expenses | 64.8M | 63.0M | 37.8M | 19.2M |
| Current Accrued Expenses | 24.2M | 21.5M | 19.6M | 12.7M |
| Other Current Liabilities | -- | -- | 2.8M | -- |
| Current Liabilities | 84.0M | 83.4M | 73.8M | 19.4M |
| Long Term Debt | 80.4M | 72.4M | 88.9M | 45.8M |
| Long Term Debt And Capital Lease Obligation | 80.9M | 73.0M | 89.7M | 46.3M |
| Long Term Capital Lease Obligation | 421,000 | 648,000 | 827,000 | 441,431 |
| Other Non Current Liabilities | 9.6M | 6.7M | 6.3M | 7.7M |
| Total Non Current Liabilities Net Minority Interest | 100.6M | 90.3M | 108.2M | 67.3M |
| Total Liabilities Net Minority Interest | 184.6M | 173.7M | 182.0M | 86.6M |
| Common Stock | 359.3M | 306.9M | 280.9M | 268.2M |
| Capital Stock | 359.3M | 306.9M | 280.9M | 268.2M |
| Additional Paid In Capital | 5.5M | 5.5M | 5.5M | 5.5M |
| Retained Earnings | -133.6M | -189.3M | -232.4M | -233.4M |
| Gains Losses Not Affecting Retained Earnings | 325,000 | 682,000 | 489,000 | 847,680 |
| Common Stock Equity | 257.8M | 148.9M | 79.1M | 64.0M |
| Stockholders Equity | 257.8M | 148.9M | 79.1M | 64.0M |
| Total Equity Gross Minority Interest | 264.0M | 146.4M | 70.3M | 53.9M |
| Minority Interest | 6.2M | -2.5M | -8.8M | -10.1M |
| Total Capitalization | 338.2M | 221.2M | 168.0M | 109.8M |
| Net Tangible Assets | 257.8M | 148.9M | 79.1M | 64.0M |
| Tangible Book Value | 257.8M | 148.9M | 79.1M | 64.0M |
| Working Capital | 32.3M | -30.5M | -42.6M | 19.8M |
| Invested Capital | 338.2M | 221.2M | 201.0M | 109.8M |
| Total Debt | 100.1M | 93.4M | 122.9M | 46.4M |
| Net Debt | 6.4M | 52.9M | 112.7M | 9.7M |
| Share Issued | 466.1M | 365.1M | 336.3M | 323.9M |
| Ordinary Shares Number | 466.1M | 365.1M | 336.3M | 323.9M |
| Available For Sale Securities | -- | 36,000 | 306,000 | 403,144 |
| Buildings And Improvements | 13.1M | 9.4M | 7.9M | -- |
| Capital Lease Obligations | 624,000 | 851,000 | 1.0M | 578,513 |
| Construction In Progress | 11.3M | 40.7M | 7.4M | -- |
| Current Capital Lease Obligation | 203,000 | 203,000 | 203,000 | 137,082 |
| Derivative Product Liabilities | -- | -- | 0.00 | 8.6M |
| Finished Goods | 4.6M | 5.6M | -- | -- |
| Foreign Currency Translation Adjustments | 325,000 | 682,000 | 489,000 | 847,680 |
| Income Tax Payable | 19.2M | 18.3M | 0.00 | -- |
| Investmentin Financial Assets | -- | 36,000 | 306,000 | 403,144 |
| Land And Improvements | 38.8M | 16.3M | -- | -- |
| Long Term Provisions | 10.1M | 10.6M | 12.2M | 4.7M |
| Machinery Furniture Equipment | 205.1M | 170.2M | 161.8M | -- |
| Non Current Accounts Receivable | 17.7M | 10.9M | -- | -- |
| Non Current Deferred Assets | 12.3M | 4.8M | 0.00 | 3.7M |
| Non Current Deferred Taxes Assets | 12.3M | 4.8M | 0.00 | -- |
| Other Current Borrowings | -- | 20.2M | 33.0M | -- |
| Other Equity Interest | 26.3M | 25.1M | 24.7M | 22.8M |
| Other Receivables | -- | 2.7M | 3.1M | 245,229 |
| Raw Materials | 8.2M | 8.0M | -- | -- |
| Taxes Receivable | 18.6M | 9.5M | 2.3M | 68,162 |
| Total Tax Payable | 20.7M | 19.7M | 673,000 | 243,324 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 57.7M | 80.0M | 6.6M | -5.9M |
| Cash Flow From Continuing Operating Activities | 57.7M | 80.0M | 6.6M | -5.9M |
| Depreciation And Amortization | -- | -- | 2.9M | 257,841 |
| Depreciation Amortization Depletion | 28.5M | 29.8M | 2.9M | 257,841 |
| Stock Based Compensation | 2.8M | 2.2M | 1.9M | 1.8M |
| Deferred Tax | 20.8M | 13.2M | 0.00 | -- |
| Deferred Income Tax | 20.8M | 13.2M | 0.00 | -- |
| Change In Working Capital | -40.7M | -43.1M | 559,000 | 608,713 |
| Change In Inventory | -18.3M | -28.8M | 1,000 | -7,687 |
| Change In Payables And Accrued Expense | -1.9M | 7.0M | 938,000 | 433,177 |
| Change In Payable | -1.9M | 7.0M | 938,000 | 433,177 |
| Change In Other Current Assets | -20.6M | -21.4M | -380,000 | 183,223 |
| Other Non Cash Items | 19.8M | 16.5M | 240,000 | 394,193 |
| Capital Expenditure | -47.0M | -44.5M | -106.1M | -76.9M |
| Purchase Of PPE | -47.0M | -44.5M | -106.1M | -76.9M |
| Net PPE Purchase And Sale | -47.0M | -44.5M | -106.1M | -76.9M |
| Investing Cash Flow | -46.0M | -43.8M | -106.0M | -76.8M |
| Cash Flow From Continuing Investing Activities | -46.0M | -43.8M | -106.0M | -76.8M |
| Issuance Of Debt | 47.7M | 0.00 | 77.4M | 52.2M |
| Repayment Of Debt | -39.5M | -34.0M | -163,000 | -57,776 |
| Net Issuance Payments Of Debt | 8.2M | -34.0M | 77.2M | 52.1M |
| Issuance Of Capital Stock | 47.4M | 12.1M | 0.00 | 57.5M |
| Net Common Stock Issuance | 47.4M | 12.1M | 0.00 | 57.5M |
| Financing Cash Flow | 45.1M | -25.4M | 74.0M | 108.5M |
| Cash Flow From Continuing Financing Activities | 45.1M | -25.4M | 74.0M | 108.5M |
| Effect Of Exchange Rate Changes | -2.3M | -468,000 | -1.6M | 1.4M |
| Changes In Cash | 56.8M | 10.8M | -25.4M | 25.8M |
| Beginning Cash Position | 19.5M | 9.2M | 36.1M | 8.9M |
| End Cash Position | 74.0M | 19.5M | 9.2M | 36.1M |
| Free Cash Flow | 10.7M | 35.4M | -99.5M | -82.9M |
| Asset Impairment Charge | -8.9M | 8.9M | 0.00 | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Account Payable | -- | 7.0M | 938,000 | -- |
| Change In Income Tax Payable | -- | 18.3M | 0.00 | -- |
| Change In Tax Payable | -- | 18.3M | 0.00 | -- |
| Common Stock Issuance | 47.4M | 12.1M | 0.00 | 57.5M |
| Depreciation | -- | -- | 2.9M | 257,841 |
| Gain Loss On Investment Securities | -- | 623,000 | -1.9M | 7.8M |
| Interest Paid Cff | -9.4M | -10.6M | -8.5M | -28,773 |
| Interest Received Cfi | 1.0M | 768,000 | 77,000 | 173,218 |
| Long Term Debt Issuance | 47.7M | 0.00 | 77.4M | 52.2M |
| Long Term Debt Payments | -39.5M | -34.0M | -163,000 | -57,776 |
| Net Foreign Currency Exchange Gain Loss | -2.4M | 2.8M | 967,000 | 1.5M |
| Net Income From Continuing Operations | 64.1M | 49.6M | 1.9M | -18.7M |
| Net Long Term Debt Issuance | 8.2M | -34.0M | 77.2M | 52.1M |
| Net Other Financing Charges | -2.4M | -452,000 | -748,000 | -1.6M |
| Operating Gains Losses | -2.4M | 2.8M | -905,000 | 9.4M |
| Proceeds From Stock Option Exercised | 1.2M | 7.6M | 6.0M | 504,978 |
| Sale Of PPE | -- | -- | -- | -76.9M |
| Taxes Refund Paid | -26.2M | 0.00 | -- | -- |
| Unrealized Gain Loss On Investment Securities | -- | 272,000 | 69,000 | 390,850 |