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 | 920.8M | 705.2M | 371.1M | 116.2M |
| Operating Revenue | 920.8M | 705.2M | 371.1M | 116.2M |
| Cost Of Revenue | 343.1M | 229.5M | 93.7M | 34.3M |
| Gross Profit | 577.7M | 475.7M | 277.5M | 81.9M |
| Selling General And Administration | 22.8M | 27.1M | 8.5M | 4.3M |
| General And Administrative Expense | 22.8M | 27.1M | 8.5M | 4.3M |
| Other Operating Expenses | 282.6M | 216.4M | 99.1M | 47.1M |
| Operating Expense | 305.4M | 243.5M | 107.6M | 51.3M |
| Operating Income | 272.3M | 232.1M | 169.9M | 30.6M |
| EBIT | 158.4M | 419.0M | 98.8M | -56.5M |
| Interest Expense | 90.6M | 90.1M | 29.9M | 11.1M |
| Interest Expense Non Operating | 90.6M | 90.1M | 29.9M | 11.1M |
| Interest Income | 2.7M | 2.0M | 467,000 | -- |
| Interest Income Non Operating | 2.7M | 2.0M | 467,000 | -- |
| Net Interest Income | -90.8M | -93.2M | -33.6M | -14.4M |
| Other Income Expense | -113.7M | 189.9M | -67.4M | -83.9M |
| Other Non Operating Income Expenses | -- | 246,000 | 13.7M | 256,000 |
| Special Income Charges | -5.7M | 165.3M | 2.2M | 6.4M |
| Restructuring And Mergern Acquisition | -26.0M | -173.6M | -13.7M | -5.3M |
| Gain On Sale Of Security | -108.0M | 24.4M | -83.3M | -90.5M |
| Pretax Income | 67.8M | 328.9M | 68.9M | -67.7M |
| Tax Provision | 13.7M | 38.3M | -5.9M | -2.6M |
| Tax Effect Of Unusual Items | -22.9M | 22.1M | -21.2M | -3.2M |
| Net Income From Continuing And Discontinued Operation | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Income From Continuing Operation Net Minority Interest | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Income Including Noncontrolling Interests | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Income Common Stockholders | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Income | 54.1M | 290.6M | 74.8M | -65.1M |
| EBITDA | 387.4M | 567.9M | 144.8M | -40.3M |
| Normalized EBITDA | 501.1M | 378.2M | 225.9M | 43.8M |
| Reconciled Depreciation | 229.0M | 148.9M | 46.0M | 16.2M |
| Basic EPS | 0.30 | 2.30 | 1.68 | -3.36 |
| Diluted EPS | 0.29 | 2.25 | 1.66 | -3.36 |
| Basic Average Shares | 180.9M | 126.2M | 44.4M | 19.3M |
| Diluted Average Shares | 185.6M | 129.2M | 45.0M | 22.0M |
| Total Unusual Items | -113.7M | 189.7M | -81.1M | -84.1M |
| Total Unusual Items Excluding Goodwill | -113.7M | 189.7M | -81.1M | -84.1M |
| Tax Rate For Calcs | 0.20 | 0.12 | 0.26 | 0.04 |
| Normalized Income | 144.8M | 123.0M | 134.6M | 15.8M |
| Diluted NI Availto Com Stockholders | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Income Continuous Operations | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Non Operating Interest Income Expense | -90.8M | -93.2M | -33.6M | -14.4M |
| Other Gand A | 12.5M | 19.6M | 8.0M | 3.8M |
| Other Special Charges | 31.7M | 8.3M | 11.5M | -1.0M |
| Reconciled Cost Of Revenue | 343.1M | 229.5M | 93.7M | 34.3M |
| Salaries And Wages | 10.4M | 7.5M | 537,000 | 452,000 |
| Total Expenses | 648.5M | 473.0M | 201.3M | 85.6M |
| Total Other Finance Cost | 2.9M | 5.1M | 4.2M | 3.3M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 48.4M | 26.5M | 10.3M | 2.4M |
| Cash Cash Equivalents And Short Term Investments | 48.4M | 26.5M | 10.3M | 2.4M |
| Cash Financial | 48.4M | 26.5M | 10.3M | 2.4M |
| Accounts Receivable | 112.9M | 70.7M | 40.9M | 20.0M |
| Receivables | 112.9M | 70.7M | 40.9M | 20.0M |
| Prepaid Assets | 24.2M | 16.7M | 8.5M | 6.5M |
| Current Assets | 196.9M | 130.7M | 61.6M | 28.9M |
| Gross PPE | 2.4B | 1.4B | 570.5M | 201.0M |
| Accumulated Depreciation | -444.5M | -223.0M | -75.1M | -29.8M |
| Net PPE | 2.0B | 1.2B | 495.4M | 171.2M |
| Total Non Current Assets | 2.0B | 1.2B | 521.3M | 192.2M |
| Total Assets | 2.2B | 1.3B | 582.9M | 221.1M |
| Current Debt | 90.4M | 220.0M | -- | -- |
| Current Debt And Capital Lease Obligation | 98.8M | 225.0M | 121.3M | 34.5M |
| Accounts Payable | 171.1M | 122.1M | 56.5M | 28.9M |
| Payables | 171.1M | 122.1M | 56.5M | 28.9M |
| Payables And Accrued Expenses | 171.1M | 122.1M | 56.5M | 28.9M |
| Other Current Liabilities | 21.1M | 31.9M | 46.4M | 31.7M |
| Current Liabilities | 304.9M | 390.4M | 224.2M | 95.1M |
| Long Term Debt | 784.2M | 232.3M | 124.1M | 58.6M |
| Long Term Debt And Capital Lease Obligation | 853.1M | 233.0M | 125.9M | 61.4M |
| Long Term Capital Lease Obligation | 68.9M | 735,000 | 1.8M | 2.8M |
| Total Non Current Liabilities Net Minority Interest | 1.1B | 336.1M | 220.2M | 156.3M |
| Total Liabilities Net Minority Interest | 1.4B | 726.6M | 444.4M | 251.4M |
| Common Stock | 426.1M | 292.4M | 122.0M | 45.6M |
| Capital Stock | 426.1M | 292.4M | 122.0M | 45.6M |
| Additional Paid In Capital | 54.3M | 46.8M | 14.7M | 12.9M |
| Retained Earnings | 316.3M | 262.2M | -28.4M | -103.2M |
| Common Stock Equity | 804.0M | 608.7M | 138.5M | -30.3M |
| Stockholders Equity | 804.0M | 608.7M | 138.5M | -30.3M |
| Total Equity Gross Minority Interest | 804.0M | 608.7M | 138.5M | -30.3M |
| Total Capitalization | 1.6B | 840.9M | 262.6M | 28.3M |
| Net Tangible Assets | 804.0M | 608.7M | 138.5M | -30.3M |
| Tangible Book Value | 804.0M | 608.7M | 138.5M | -30.3M |
| Working Capital | -108.0M | -259.7M | -162.6M | -66.2M |
| Invested Capital | 1.7B | 1.1B | 262.6M | 28.3M |
| Total Debt | 951.8M | 458.0M | 247.2M | 95.9M |
| Net Debt | 826.2M | 425.8M | 113.8M | 56.1M |
| Share Issued | 199.6M | 139.3M | 59.9M | 25.2M |
| Ordinary Shares Number | 199.6M | 139.3M | 59.9M | 25.2M |
| Buildings And Improvements | 17.1M | 8.5M | 3.6M | 3.4M |
| Capital Lease Obligations | 77.3M | 5.8M | 3.2M | 3.7M |
| Current Capital Lease Obligation | 8.4M | 5.0M | 1.4M | 933,000 |
| Current Provisions | 13.9M | 11.4M | -- | -- |
| Derivative Product Liabilities | 24.0M | 7.1M | 41.7M | 47.7M |
| Duefrom Related Parties Current | -- | -- | -- | 19.2M |
| Financial Assets | 10.5M | 0.00 | 600,000 | 0.00 |
| Hedging Assets Current | 11.3M | 16.8M | 2.0M | 0.00 |
| Long Term Provisions | 143.4M | 89.3M | 52.6M | 47.3M |
| Machinery Furniture Equipment | 10.7M | 3.0M | 1.6M | 1.3M |
| Non Current Deferred Assets | -- | 0.00 | 4.2M | 0.00 |
| Non Current Deferred Liabilities | 32.3M | 6.7M | 0.00 | -- |
| Non Current Deferred Taxes Assets | -- | 0.00 | 4.2M | 0.00 |
| Non Current Deferred Taxes Liabilities | 32.3M | 6.7M | 0.00 | -- |
| Non Current Prepaid Assets | -- | 0.00 | 21.1M | 21.0M |
| Other Current Borrowings | 90.4M | 220.0M | -- | -- |
| Other Equity Interest | 7.2M | 7.2M | 30.1M | 14.4M |
| Other Properties | 64.2M | 1.9M | 1.1M | 342,000 |
| Other Receivables | -- | -- | -- | 795,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 311.9M | 284.0M | 102.3M | -1.3M |
| Cash Flow From Continuing Operating Activities | 311.9M | 284.0M | 102.3M | -1.3M |
| Depreciation Amortization Depletion | 229.0M | 148.9M | 46.0M | 16.2M |
| Stock Based Compensation | 10.4M | 7.5M | 537,000 | 452,000 |
| Deferred Tax | 13.7M | 40.2M | -5.9M | -2.6M |
| Deferred Income Tax | 13.7M | 40.2M | -5.9M | -2.6M |
| Change In Working Capital | -36.9M | 21.0M | -14.5M | -26.7M |
| Other Non Cash Items | -34.2M | -168.9M | -16.3M | 2.8M |
| Capital Expenditure | -246.3M | -130.6M | -89.1M | -8.7M |
| Purchase Of PPE | -- | -- | -89.1M | -8.7M |
| Net PPE Purchase And Sale | -- | -- | -89.1M | -8.7M |
| Purchase Of Business | -564.4M | -466.7M | -248.4M | -82.3M |
| Sale Of Business | 25.1M | 0.00 | -- | -- |
| Investing Cash Flow | -749.5M | -576.4M | -318.2M | -87.9M |
| Cash Flow From Continuing Investing Activities | -749.5M | -576.4M | -318.2M | -87.9M |
| Issuance Of Debt | 874.3M | 361.4M | 230.0M | 84.1M |
| Repayment Of Debt | -513.9M | -170.0M | -95.1M | -19.9M |
| Net Issuance Payments Of Debt | 360.5M | 191.4M | 134.9M | 64.2M |
| Issuance Of Capital Stock | 150.0M | 125.0M | 95.8M | 32.2M |
| Repurchase Of Capital Stock | -15.8M | 0.00 | -- | -- |
| Net Common Stock Issuance | 134.2M | 125.0M | 95.8M | 32.2M |
| Common Stock Payments | -15.8M | 0.00 | -- | -- |
| Financing Cash Flow | 459.6M | 308.6M | 223.8M | 91.0M |
| Cash Flow From Continuing Financing Activities | 459.6M | 308.6M | 223.8M | 91.0M |
| Changes In Cash | 22.0M | 16.2M | 7.8M | 1.8M |
| Beginning Cash Position | 26.5M | 10.3M | 2.4M | 569,000 |
| End Cash Position | 48.4M | 26.5M | 10.3M | 2.4M |
| Free Cash Flow | 65.6M | 153.4M | 13.2M | -10.0M |
| Interest Paid Supplemental Data | 85.2M | 88.9M | 29.1M | 10.4M |
| Capital Expenditure Reported | -246.3M | -130.6M | -89.1M | -- |
| Common Stock Issuance | 150.0M | 125.0M | 95.8M | 32.2M |
| Gain Loss On Investment Securities | 21.0M | -63.6M | 6.1M | 74.7M |
| Long Term Debt Issuance | 874.3M | 361.4M | 230.0M | 84.1M |
| Long Term Debt Payments | -513.9M | -170.0M | -95.1M | -19.9M |
| Net Business Purchase And Sale | -539.3M | -466.7M | -248.4M | -82.3M |
| Net Foreign Currency Exchange Gain Loss | 23.1M | 0.00 | 42,000 | 21,000 |
| Net Income From Continuing Operations | 54.1M | 290.6M | 74.8M | -65.1M |
| Net Long Term Debt Issuance | 360.5M | 191.4M | 134.9M | 64.2M |
| Net Other Financing Charges | -35.4M | -7.7M | -8.0M | -5.4M |
| Net Other Investing Changes | 36.1M | 20.8M | 19.2M | 3.1M |
| Net Short Term Debt Issuance | -- | -- | -- | 0.00 |
| Operating Gains Losses | 75.8M | -55.4M | 17.6M | 73.6M |
| Proceeds From Stock Option Exercised | 237,000 | -31,000 | 1.2M | 50,000 |
| Short Term Debt Issuance | -- | -- | -- | 0.00 |