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 | 158.4M | 134.7M | 112.2M | 103.9M |
| Operating Revenue | 158.4M | 134.7M | 112.2M | 103.9M |
| Cost Of Revenue | 85.5M | 65.8M | 49.8M | 49.4M |
| Gross Profit | 72.9M | 68.9M | 62.4M | 54.5M |
| Selling General And Administration | 7.4M | 11.7M | 7.0M | 6.0M |
| General And Administrative Expense | 7.4M | 11.7M | 7.0M | 6.0M |
| Other Operating Expenses | 22.6M | 16.0M | 12.7M | 11.5M |
| Operating Expense | 30.0M | 27.7M | 19.7M | 17.5M |
| Operating Income | 42.9M | 41.2M | 42.7M | 37.1M |
| EBIT | 48.1M | -10.2M | 42.2M | 37.5M |
| Interest Expense | 1.8M | 1.8M | 1.5M | 746,794 |
| Interest Expense Non Operating | 1.8M | 1.8M | 1.5M | 746,794 |
| Interest Income | 1.0M | -- | -- | -- |
| Interest Income Non Operating | 1.0M | -- | -- | -- |
| Net Interest Income | -1.1M | -2.0M | -1.7M | -897,035 |
| Other Income Expense | 4.5M | -51.2M | -316,076 | 624,331 |
| Other Non Operating Income Expenses | -141,088 | 109,200 | 109,973 | 122,407 |
| Special Income Charges | -4.6M | -54.5M | -1.2M | -5,951 |
| Write Off | 5.6M | 0.00 | -- | -- |
| Gain On Sale Of Security | 9.3M | 3.2M | 742,774 | 507,875 |
| Pretax Income | 46.3M | -12.0M | 40.7M | 36.8M |
| Tax Provision | 58.9M | -2.7M | 7.9M | 20.7M |
| Tax Effect Of Unusual Items | 702,431 | -11.4M | -82,433 | 133,010 |
| Net Income From Continuing And Discontinued Operation | -11.6M | -6.6M | 30.8M | 15.9M |
| Net Income From Continuing Operation Net Minority Interest | -11.6M | -6.6M | 30.8M | 15.9M |
| Net Income Including Noncontrolling Interests | -12.6M | -9.3M | 32.8M | 16.1M |
| Minority Interests | 971,411 | 2.7M | -2.0M | -227,956 |
| Net Income Common Stockholders | -11.6M | -6.6M | 30.8M | 15.9M |
| Net Income | -11.6M | -6.6M | 30.8M | 15.9M |
| EBITDA | 88.1M | 11.2M | 53.8M | 49.0M |
| Normalized EBITDA | 83.4M | 62.6M | 54.2M | 48.5M |
| Reconciled Depreciation | 40.0M | 21.4M | 11.6M | 11.5M |
| Basic EPS | -0.10 | -0.07 | 0.48 | 0.26 |
| Diluted EPS | -0.10 | -0.07 | 0.48 | 0.26 |
| Basic Average Shares | 121.4M | 90.1M | 63.6M | 60.0M |
| Diluted Average Shares | 121.4M | 90.1M | 63.9M | 60.4M |
| Total Unusual Items | 4.7M | -51.3M | -426,049 | 501,924 |
| Total Unusual Items Excluding Goodwill | 4.7M | -51.3M | -426,049 | 501,924 |
| Tax Rate For Calcs | 0.15 | 0.22 | 0.19 | 0.27 |
| Normalized Income | -15.6M | 33.3M | 31.1M | 15.5M |
| Diluted NI Availto Com Stockholders | -11.6M | -6.6M | 30.8M | 15.9M |
| Impairment Of Capital Assets | 26,888 | 54.5M | 1.2M | 5,951 |
| Net Income Continuous Operations | -12.6M | -9.3M | 32.8M | 16.1M |
| Net Non Operating Interest Income Expense | -1.1M | -2.0M | -1.7M | -897,035 |
| Other Gand A | 6.0M | 10.5M | 5.4M | 5.5M |
| Other Special Charges | -1.0M | -- | -- | -- |
| Reconciled Cost Of Revenue | 85.5M | 65.8M | 49.8M | 49.4M |
| Salaries And Wages | 1.4M | 1.2M | 1.6M | 485,338 |
| Total Expenses | 115.5M | 93.5M | 69.6M | 66.8M |
| Total Operating Income As Reported | 44.3M | -13.2M | 41.6M | 37.2M |
| Total Other Finance Cost | 358,788 | 149,054 | 131,404 | 150,241 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 41.4M | 12.2M | 3.6M | 20.7M |
| Cash Cash Equivalents And Short Term Investments | 41.4M | 12.2M | 3.6M | 20.7M |
| Cash Financial | 41.4M | 12.2M | 3.6M | 20.7M |
| Accounts Receivable | -- | -- | 783,784 | 0.00 |
| Receivables | 7.6M | 6.7M | 8.9M | 4.2M |
| Inventory | 17.3M | 15.6M | 17.6M | 13.6M |
| Prepaid Assets | 3.1M | 1.8M | 2.0M | 2.7M |
| Current Assets | 71.8M | 39.0M | 32.1M | 41.2M |
| Gross PPE | 480.8M | 343.1M | 316.7M | 187.1M |
| Accumulated Depreciation | -155.5M | -119.5M | -97.7M | -87.2M |
| Net PPE | 325.3M | 223.7M | 219.0M | 99.9M |
| Goodwill And Other Intangible Assets | 495,086 | 539,568 | 386,885 | 58,849 |
| Total Non Current Assets | 328.1M | 228.0M | 219.7M | 101.4M |
| Total Assets | 399.9M | 267.0M | 251.8M | 142.7M |
| Current Debt | 29.3M | 50.6M | 12.7M | 6.7M |
| Current Debt And Capital Lease Obligation | 31.3M | 52.5M | 13.8M | 11.1M |
| Accounts Payable | 26.4M | 13.2M | 11.9M | 10.6M |
| Payables | 60.7M | 19.7M | 17.9M | 24.3M |
| Payables And Accrued Expenses | 60.7M | 19.7M | 18.0M | 24.3M |
| Current Accrued Expenses | 0.00 | 2,395 | 10,078 | 15,627 |
| Other Current Liabilities | 46.3M | 1.3M | -1.00 | -- |
| Current Liabilities | 138.5M | 73.5M | 31.8M | 35.5M |
| Long Term Debt | -- | -- | 51,624 | 305,032 |
| Long Term Debt And Capital Lease Obligation | 4.3M | 6.3M | 11.5M | 312,245 |
| Long Term Capital Lease Obligation | 4.3M | 6.3M | 11.4M | 7,213 |
| Other Non Current Liabilities | 2.0M | 1.9M | 1.4M | -- |
| Total Non Current Liabilities Net Minority Interest | 8.9M | 9.4M | 23.4M | 8.6M |
| Total Liabilities Net Minority Interest | 147.4M | 82.9M | 55.2M | 44.0M |
| Common Stock | 201.0M | 135.2M | 134.2M | 71.4M |
| Capital Stock | 201.0M | 135.2M | 134.2M | 71.4M |
| Retained Earnings | 36.7M | 48.2M | 54.9M | 24.1M |
| Gains Losses Not Affecting Retained Earnings | 12.8M | -3.9M | 308,168 | -1.1M |
| Other Equity Adjustments | 12.8M | -3.9M | 308,168 | -1.1M |
| Common Stock Equity | 254.7M | 183.7M | 193.2M | 97.4M |
| Stockholders Equity | 254.7M | 183.7M | 193.2M | 97.4M |
| Total Equity Gross Minority Interest | 252.4M | 184.1M | 196.6M | 98.6M |
| Minority Interest | -2.3M | 386,988 | 3.4M | 1.2M |
| Total Capitalization | 254.7M | 183.7M | 193.2M | 97.7M |
| Net Tangible Assets | 254.2M | 183.1M | 192.8M | 97.4M |
| Tangible Book Value | 254.2M | 183.1M | 192.8M | 97.4M |
| Working Capital | -66.7M | -34.6M | 336,687 | 5.8M |
| Invested Capital | 284.0M | 234.3M | 206.0M | 104.4M |
| Total Debt | 35.7M | 58.9M | 25.3M | 11.4M |
| Net Debt | -- | 38.4M | 9.2M | -- |
| Share Issued | 151.1M | 84.4M | 84.3M | 60.0M |
| Ordinary Shares Number | 151.1M | 84.4M | 84.3M | 60.0M |
| Buildings And Improvements | 20.9M | 18.1M | 18.9M | 13.1M |
| Capital Lease Obligations | 6.4M | 8.2M | 12.5M | 86,363 |
| Construction In Progress | 53.7M | 19.7M | 3.8M | 0.00 |
| Current Capital Lease Obligation | 2.0M | 1.9M | 1.1M | 79,150 |
| Current Deferred Assets | 2.4M | 2.6M | -- | -- |
| Derivative Product Liabilities | -- | 1.3M | -- | -- |
| Dueto Related Parties Current | 41,378 | 296,732 | 581,304 | 1.4M |
| Employee Benefits | 30,210 | 0.00 | -- | -- |
| Income Tax Payable | 24.9M | 14,708 | -- | -- |
| Interest Payable | 0.00 | 2,395 | 10,078 | 15,627 |
| Line Of Credit | 1.1M | 5.0M | 11.4M | 6.7M |
| Long Term Provisions | 2.6M | 1.2M | 424,138 | 378,385 |
| Machinery Furniture Equipment | 15.9M | 6.7M | 5.5M | 4.8M |
| Non Current Accounts Receivable | 1.7M | 3.0M | 258,386 | 1.5M |
| Non Current Deferred Assets | 604,371 | 818,480 | -- | -- |
| Non Current Deferred Liabilities | -- | -- | 10.1M | 7.9M |
| Non Current Deferred Taxes Assets | 604,371 | 818,480 | -- | -- |
| Non Current Deferred Taxes Liabilities | -- | -- | 10.1M | 7.9M |
| Other Current Borrowings | 28.2M | 45.7M | 1.3M | -- |
| Other Equity Interest | 4.2M | 4.2M | 3.8M | 3.0M |
| Other Payable | 9.3M | 6.2M | 5.5M | 12.3M |
| Other Properties | -- | 6.7M | 5.5M | 4.8M |
| Other Receivables | 281,454 | 93,084 | 40,687 | 65,960 |
| Pensionand Other Post Retirement Benefit Plans Current | 101,479 | 0.00 | -- | -- |
| Raw Materials | 13.1M | 11.3M | 13.1M | 9.7M |
| Taxes Receivable | 7.3M | 6.6M | 8.0M | 4.2M |
| Total Tax Payable | 24.9M | 14,708 | -- | -- |
| Work In Process | 4.2M | 4.3M | 4.6M | 4.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 46.9M | 53.3M | 29.8M | 43.9M |
| Cash Flow From Continuing Operating Activities | 46.9M | 53.3M | 29.8M | 43.9M |
| Depreciation And Amortization | 40.0M | 21.4M | 11.6M | 11.5M |
| Depreciation Amortization Depletion | 40.0M | 21.4M | 11.6M | 11.5M |
| Stock Based Compensation | 264,331 | 422,674 | 863,180 | 0.00 |
| Deferred Tax | 269,070 | -10.9M | 2.0M | 4.7M |
| Deferred Income Tax | 269,070 | -10.9M | 2.0M | 4.7M |
| Change In Working Capital | 27.2M | -891,234 | -18.8M | 11.5M |
| Changes In Account Receivables | -61,622 | 2.2M | -4.6M | -618,360 |
| Change In Receivables | 1.3M | -538,452 | -3.3M | 747,143 |
| Change In Inventory | -1.2M | 1.2M | -3.7M | -1.5M |
| Change In Payables And Accrued Expense | 27.1M | -2.9M | -13.5M | 13.2M |
| Change In Payable | 27.1M | -2.9M | -13.5M | 13.2M |
| Change In Other Working Capital | -- | -- | -- | 1.00 |
| Change In Other Current Liabilities | 1.3M | 1.1M | 1.4M | -- |
| Other Non Cash Items | 6.4M | 1.1M | 1.7M | 938,961 |
| Capital Expenditure | -81.2M | -60.6M | -35.1M | -35.2M |
| Purchase Of PPE | -81.1M | -60.4M | -35.0M | -35.2M |
| Net PPE Purchase And Sale | -81.1M | -60.4M | -35.0M | -35.2M |
| Investing Cash Flow | -112.3M | -76.7M | -47.7M | -34.9M |
| Cash Flow From Continuing Investing Activities | -112.3M | -76.7M | -47.7M | -34.9M |
| Issuance Of Debt | 0.00 | 47.0M | 1.3M | 4.1M |
| Repayment Of Debt | -26.2M | -8.5M | -5.2M | -5.6M |
| Net Issuance Payments Of Debt | -26.2M | 38.5M | 607,265 | 4.1M |
| Issuance Of Capital Stock | 126.5M | 0.00 | 126,250 | 83,670 |
| Net Common Stock Issuance | 126.5M | 0.00 | 126,250 | 83,670 |
| Common Stock Dividend Paid | -- | -- | 0.00 | -8,623 |
| Financing Cash Flow | 92.2M | 35.2M | 733,515 | 4.2M |
| Cash Flow From Continuing Financing Activities | 92.2M | 35.2M | 733,515 | 4.2M |
| Effect Of Exchange Rate Changes | 2.4M | -3.1M | 30,367 | -1.4M |
| Changes In Cash | 26.8M | 11.7M | -17.1M | 13.2M |
| Beginning Cash Position | 12.2M | 3.6M | 20.7M | 8.9M |
| End Cash Position | 41.4M | 12.2M | 3.6M | 20.7M |
| Free Cash Flow | -34.3M | -7.4M | -5.3M | 8.7M |
| Income Tax Paid Supplemental Data | 25.6M | 4.7M | 10.8M | 7.4M |
| Asset Impairment Charge | 26,888 | 54.5M | 1.2M | 5,951 |
| Cash Dividends Paid | -1.6M | -286,225 | 0.00 | -8,623 |
| Change In Account Payable | -- | -- | -13.5M | 13.2M |
| Change In Prepaid Assets | -1.2M | 159,557 | 243,864 | -985,354 |
| Common Stock Issuance | 126.5M | 0.00 | 126,250 | 83,670 |
| Gain Loss On Investment Securities | -17.3M | -1.0M | -- | -- |
| Interest Paid Cfo | -1.3M | -1.3M | -1.5M | -837,826 |
| Long Term Debt Issuance | 0.00 | 47.0M | 1.3M | 4.1M |
| Long Term Debt Payments | -1.7M | -2.1M | -5.2M | -5.6M |
| Net Foreign Currency Exchange Gain Loss | 3.9M | -711,247 | 0.00 | -- |
| Net Income From Continuing Operations | -12.6M | -9.3M | 32.8M | 16.1M |
| Net Intangibles Purchase And Sale | -75,351 | -244,568 | -121,080 | -3,700 |
| Net Long Term Debt Issuance | -1.7M | 44.9M | -3.9M | -1.5M |
| Net Other Financing Charges | -6.9M | -3.1M | -- | -- |
| Net Other Investing Changes | -31.1M | -16.1M | -12.6M | 334,055 |
| Net Short Term Debt Issuance | -24.5M | -6.4M | 4.5M | 5.6M |
| Operating Gains Losses | -13.4M | -1.7M | -- | -- |
| Proceeds From Stock Option Exercised | 404,971 | 89,830 | 126,250 | -- |
| Purchase Of Intangibles | -- | -- | -- | -3,700 |
| Short Term Debt Payments | -24.5M | -6.4M | -- | -- |