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 | 168.4M | 89.0M | 54.5M | 4.9M |
| Operating Revenue | 168.4M | 89.0M | 54.5M | 4.9M |
| Cost Of Revenue | 86.8M | 43.4M | 23.6M | 2.7M |
| Gross Profit | 81.6M | 45.6M | 30.9M | 2.2M |
| Selling General And Administration | 14.2M | 10.4M | 5.0M | 982,000 |
| General And Administrative Expense | 14.2M | 10.4M | 5.0M | 982,000 |
| Other Operating Expenses | 17.2M | 16.2M | 4.6M | 416,000 |
| Operating Expense | 31.4M | 26.6M | 9.6M | 1.4M |
| Operating Income | 50.2M | 19.0M | 21.3M | 843,000 |
| EBIT | 66.0M | 28.5M | 10.2M | 843,000 |
| Interest Expense | 7.0M | 1.9M | 343,000 | -- |
| Interest Expense Non Operating | 7.0M | 1.9M | 343,000 | -- |
| Interest Income | -- | -- | -- | 20,000 |
| Interest Income Non Operating | -- | -- | -- | 20,000 |
| Net Interest Income | -7.1M | -1.9M | -343,000 | 20,000 |
| Other Income Expense | 15.9M | 9.5M | -11.1M | 6.8M |
| Other Non Operating Income Expenses | 178,000 | -- | -- | -- |
| Special Income Charges | 25.4M | 1.1M | 0.00 | 8.1M |
| Restructuring And Mergern Acquisition | -25.4M | -1.1M | 0.00 | -8.1M |
| Gain On Sale Of Security | -9.7M | 8.3M | -11.1M | -1.2M |
| Pretax Income | 59.0M | 26.6M | 9.8M | 7.7M |
| Tax Provision | 9.1M | 8.0M | -14.8M | 0.00 |
| Tax Effect Of Unusual Items | 2.4M | 2.9M | -2.9M | 0.00 |
| Net Income From Continuing And Discontinued Operation | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Income From Continuing Operation Net Minority Interest | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Income Including Noncontrolling Interests | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Income Common Stockholders | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Income | 50.0M | 18.6M | 24.6M | 7.7M |
| EBITDA | 115.9M | 56.0M | 23.6M | 2.2M |
| Normalized EBITDA | 100.2M | 46.5M | 34.7M | -4.6M |
| Reconciled Depreciation | 49.8M | 27.5M | 13.5M | 1.4M |
| Basic EPS | 0.73 | 0.31 | 0.47 | 0.34 |
| Diluted EPS | 0.72 | 0.30 | 0.47 | 0.33 |
| Basic Average Shares | 68.7M | 60.3M | 52.1M | 22.7M |
| Diluted Average Shares | 69.7M | 61.1M | 52.5M | 23.2M |
| Total Unusual Items | 15.7M | 9.5M | -11.1M | 6.8M |
| Total Unusual Items Excluding Goodwill | 15.7M | 9.5M | -11.1M | 6.8M |
| Tax Rate For Calcs | 0.15 | 0.30 | 0.26 | 0.00 |
| Normalized Income | 36.7M | 11.9M | 32.8M | 863,000 |
| Diluted NI Availto Com Stockholders | 50.0M | 18.6M | 24.6M | 7.7M |
| Gain On Sale Of Ppe | -- | 1.3M | 0.00 | -- |
| Net Income Continuous Operations | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Non Operating Interest Income Expense | -7.1M | -1.9M | -343,000 | 20,000 |
| Other Gand A | 10.6M | 7.3M | 3.3M | 675,000 |
| Other Special Charges | -- | -1.3M | -- | -- |
| Reconciled Cost Of Revenue | 86.8M | 43.4M | 23.6M | 2.7M |
| Salaries And Wages | 3.6M | 3.0M | 1.7M | 307,000 |
| Total Expenses | 118.2M | 69.9M | 33.2M | 4.1M |
| Total Other Finance Cost | 63,000 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 2.6M | 0.00 | 1.9M | 15.3M |
| Cash Cash Equivalents And Short Term Investments | 2.6M | 0.00 | 1.9M | 15.3M |
| Accounts Receivable | 26.3M | 10.8M | 8.5M | 6.8M |
| Receivables | 26.3M | 10.8M | 8.5M | 6.8M |
| Inventory | 3.3M | 1.0M | 829,000 | 0.00 |
| Prepaid Assets | 2.8M | 433,000 | 524,000 | 247,000 |
| Other Current Assets | 2.8M | 433,000 | 524,000 | 247,000 |
| Current Assets | 44.7M | 21.1M | 13.3M | 22.4M |
| Gross PPE | 590.0M | 277.5M | 181.6M | 85.7M |
| Accumulated Depreciation | -93.9M | -43.0M | -15.4M | -1.4M |
| Net PPE | 496.0M | 234.5M | 166.2M | 84.3M |
| Total Non Current Assets | 517.9M | 250.1M | 190.8M | 93.4M |
| Total Assets | 562.6M | 271.2M | 204.0M | 115.9M |
| Current Debt And Capital Lease Obligation | 357,000 | -- | -- | -- |
| Accounts Payable | 60.5M | 33.9M | 28.1M | 17.0M |
| Payables | 60.5M | 33.9M | 28.1M | 17.0M |
| Payables And Accrued Expenses | 60.5M | 33.9M | 28.1M | 17.0M |
| Other Current Liabilities | 2.8M | -- | 749,000 | 1.3M |
| Current Liabilities | 74.7M | 34.0M | 28.8M | 18.3M |
| Long Term Debt | 127.5M | 29.3M | 12.0M | -- |
| Long Term Debt And Capital Lease Obligation | 132.1M | 29.3M | 12.0M | -- |
| Long Term Capital Lease Obligation | 4.6M | 0.00 | -- | -- |
| Other Non Current Liabilities | 19.4M | -- | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 177.9M | 37.8M | 15.7M | 2.1M |
| Total Liabilities Net Minority Interest | 252.6M | 71.8M | 44.5M | 20.4M |
| Common Stock | 206.3M | 143.0M | 123.4M | 85.5M |
| Capital Stock | 206.3M | 143.0M | 123.4M | 85.5M |
| Additional Paid In Capital | 2.9M | 3.4M | 1.8M | 307,000 |
| Retained Earnings | 100.8M | 50.9M | 32.3M | 7.7M |
| Common Stock Equity | 310.0M | 199.3M | 159.5M | 95.5M |
| Stockholders Equity | 310.0M | 199.3M | 159.5M | 95.5M |
| Total Equity Gross Minority Interest | 310.0M | 199.3M | 159.5M | 95.5M |
| Total Capitalization | 437.5M | 228.6M | 171.5M | 95.5M |
| Net Tangible Assets | 310.0M | 199.3M | 159.5M | 95.5M |
| Tangible Book Value | 310.0M | 199.3M | 159.5M | 95.5M |
| Working Capital | -30.0M | -12.9M | -15.5M | 4.1M |
| Invested Capital | 437.5M | 228.6M | 171.5M | 95.5M |
| Total Debt | 132.5M | 29.3M | 12.0M | -- |
| Net Debt | 125.0M | 29.3M | 10.1M | -- |
| Share Issued | 93.0M | 62.5M | 54.8M | 43.8M |
| Ordinary Shares Number | 92.9M | 62.5M | 54.8M | 43.8M |
| Buildings And Improvements | 4.8M | 0.00 | -- | -- |
| Capital Lease Obligations | 5.0M | 0.00 | -- | -- |
| Current Capital Lease Obligation | 357,000 | 0.00 | -- | -- |
| Current Provisions | 5.8M | 77,000 | -- | -- |
| Derivative Product Liabilities | 225,000 | 0.00 | 0.00 | 86,000 |
| Employee Benefits | 914,000 | 0.00 | -- | -- |
| Financial Assets | 429,000 | 545,000 | 0.00 | -- |
| Finished Goods | 3.3M | 1.0M | 829,000 | 0.00 |
| Hedging Assets Current | 9.8M | 8.8M | 1.4M | 62,000 |
| Long Term Provisions | 44.6M | 8.5M | 3.7M | 2.0M |
| Machinery Furniture Equipment | 190,000 | 0.00 | -- | -- |
| Non Current Deferred Assets | 21.4M | 15.0M | 24.6M | 9.1M |
| Non Current Deferred Taxes Assets | 21.4M | 15.0M | 24.6M | 9.1M |
| Other Equity Interest | -- | 2.0M | 2.0M | 2.0M |
| Other Properties | 5.9M | -- | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 5.4M | 0.00 | -- | -- |
| Treasury Shares Number | 166,958 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 95.8M | 55.4M | 23.9M | 1.1M |
| Cash Flow From Continuing Operating Activities | 95.8M | 55.4M | 23.9M | 1.1M |
| Depreciation Amortization Depletion | 49.8M | 27.5M | 13.5M | 1.4M |
| Stock Based Compensation | 3.6M | 3.0M | 1.7M | 307,000 |
| Deferred Tax | 9.1M | 8.0M | -14.8M | 0.00 |
| Deferred Income Tax | 9.1M | 8.0M | -14.8M | 0.00 |
| Change In Working Capital | 3.1M | 1.2M | 834,000 | -480,000 |
| Other Non Cash Items | -32.0M | 7.0M | 67,000 | -9.1M |
| Capital Expenditure | -156.5M | -76.8M | -67.6M | -71.1M |
| Purchase Of PPE | -62.7M | -33.2M | -67.6M | -71.1M |
| Net PPE Purchase And Sale | -62.7M | -25.2M | -67.6M | -71.1M |
| Purchase Of Business | -- | -- | 0.00 | -55.3M |
| Investing Cash Flow | -173.0M | -94.4M | -86.3M | -67.2M |
| Cash Flow From Continuing Investing Activities | -173.0M | -94.4M | -86.3M | -67.2M |
| Issuance Of Debt | 94.7M | 17.3M | 12.0M | -- |
| Repayment Of Debt | -14.3M | -254,000 | -- | -- |
| Net Issuance Payments Of Debt | 80.4M | 17.1M | 12.0M | -- |
| Issuance Of Capital Stock | -- | 19.9M | 38.7M | 83.5M |
| Repurchase Of Capital Stock | -624,000 | -- | -- | -- |
| Net Common Stock Issuance | -624,000 | 19.9M | 38.7M | 83.5M |
| Common Stock Payments | -624,000 | -- | -- | -- |
| Financing Cash Flow | 79.8M | 37.0M | 49.1M | 81.3M |
| Cash Flow From Continuing Financing Activities | 79.8M | 37.0M | 49.1M | 81.3M |
| Changes In Cash | 2.6M | -1.9M | -13.3M | 15.3M |
| Beginning Cash Position | 0.00 | 1.9M | 15.3M | 0.00 |
| End Cash Position | 2.6M | 0.00 | 1.9M | 15.3M |
| Free Cash Flow | -60.7M | -21.4M | -43.8M | -70.0M |
| Capital Expenditure Reported | -93.8M | -43.7M | -- | -17.4M |
| Common Stock Issuance | -- | 19.9M | 38.7M | 83.5M |
| Depletion | -- | 27.5M | 13.5M | 1.4M |
| Gain Loss On Investment Securities | 12.3M | -8.7M | -2.0M | 1.3M |
| Gain Loss On Sale Of PPE | 0.00 | -1.3M | 0.00 | -- |
| Long Term Debt Issuance | 94.7M | 17.3M | 12.0M | -- |
| Long Term Debt Payments | -14.3M | -254,000 | -- | -- |
| Net Business Purchase And Sale | -- | -- | 0.00 | -55.3M |
| Net Income From Continuing Operations | 50.0M | 18.6M | 24.6M | 7.7M |
| Net Long Term Debt Issuance | 80.4M | 17.1M | 12.0M | -- |
| Net Other Financing Charges | -- | -254,000 | -1.7M | -2.1M |
| Net Other Investing Changes | -16.5M | -25.5M | -18.6M | 4.0M |
| Operating Gains Losses | 12.3M | -9.9M | -2.0M | 1.3M |
| Sale Of PPE | 0.00 | 8.0M | 0.00 | -- |