Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 1.6B | 1.3B | 1.1B | 916.7M | 742.5M |
| Operating Revenue | 1.6B | 1.3B | 1.1B | 916.7M | 742.5M |
| Cost Of Revenue | 992.4M | 823.5M | 725.3M | 591.1M | 473.2M |
| Gross Profit | 559.9M | 471.3M | 399.6M | 325.6M | 269.4M |
| Selling General And Administration | 99.7M | 82.1M | 67.3M | 56.7M | 39.0M |
| General And Administrative Expense | 99.7M | 82.1M | 67.3M | 56.7M | 39.0M |
| Depreciation And Amortization In Income Statement | 204.3M | 169.6M | 151.7M | 134.9M | 109.7M |
| Operating Expense | 303.9M | 251.6M | 219.0M | 191.6M | 148.7M |
| Operating Income | 256.0M | 219.7M | 180.6M | 133.9M | 120.7M |
| EBIT | 136.9M | 206.7M | 161.4M | 117.0M | -2.2B |
| Interest Expense | 28.7M | 23.2M | 16.6M | 12.6M | 10.0M |
| Interest Expense Non Operating | 28.7M | 23.2M | 16.6M | 12.6M | 10.0M |
| Interest Income | -- | 3.0M | -- | 6.0M | -- |
| Interest Income Non Operating | -- | 3.0M | -- | 6.0M | -- |
| Net Interest Income | -22.1M | -21.7M | -18.7M | -9.4M | -11.6M |
| Other Income Expense | -125.7M | -14.6M | -17.1M | -20.2M | -2.3B |
| Other Non Operating Income Expenses | -22.4M | -13.4M | -15.4M | -20.5M | -2.3B |
| Special Income Charges | 29.7M | -100,000 | 0.00 | 0.00 | -1.6M |
| Restructuring And Mergern Acquisition | -154,000 | -517,000 | 0.00 | -- | -- |
| Gain On Sale Of Security | -132.0M | -1.3M | -1.9M | -286,000 | -584,000 |
| Earnings From Equity Interest | -1.1M | 209,000 | 139,000 | 584,000 | 1.4M |
| Pretax Income | 108.2M | 183.5M | 144.8M | 104.4M | -2.2B |
| Tax Provision | 38.2M | 34.0M | 29.3M | 16.8M | 21.6M |
| Tax Effect Of Unusual Items | -36.1M | -250,572 | -376,336 | -46,037 | -578,760 |
| Net Income From Continuing And Discontinued Operation | 41.8M | 92.0M | 71.8M | 52.9M | -1.9B |
| Net Income From Continuing Operation Net Minority Interest | 41.8M | 92.0M | 71.8M | 52.9M | -1.9B |
| Net Income Including Noncontrolling Interests | 70.1M | 149.5M | 115.4M | 87.6M | -2.2B |
| Minority Interests | -28.3M | -57.5M | -43.7M | -34.7M | 338.2M |
| Net Income Common Stockholders | 41.8M | 92.0M | 71.8M | 52.9M | -1.9B |
| Net Income | 41.8M | 92.0M | 71.8M | 52.9M | -1.9B |
| EBITDA | 341.2M | 376.3M | 313.1M | 252.0M | -2.1B |
| Normalized EBITDA | 443.4M | 377.6M | 315.0M | 252.3M | -2.1B |
| Reconciled Depreciation | 204.3M | 169.6M | 151.7M | 134.9M | 109.7M |
| Basic EPS | -- | 1.11 | 0.88 | 0.66 | -30.16 |
| Diluted EPS | -- | 1.11 | 0.88 | 0.66 | -30.16 |
| Basic Average Shares | -- | 82.8M | 81.9M | 80.5M | 63.3M |
| Diluted Average Shares | -- | 129.8M | 129.8M | 129.8M | 129.7M |
| Total Unusual Items | -102.2M | -1.4M | -1.9M | -286,000 | -2.2M |
| Total Unusual Items Excluding Goodwill | -102.2M | -1.4M | -1.9M | -286,000 | -2.2M |
| Tax Rate For Calcs | 0.35 | 0.19 | 0.20 | 0.16 | 0.27 |
| Normalized Income | 107.9M | 93.1M | 73.2M | 53.2M | -1.9B |
| Amortization | 162.6M | 135.5M | 121.1M | 107.1M | 85.1M |
| Amortization Of Intangibles Income Statement | 162.6M | 135.5M | 121.1M | 107.1M | 85.1M |
| Average Dilution Earnings | 24.0M | 52.1M | 42.0M | 34.2M | 2.0B |
| Depreciation Amortization Depletion Income Statement | 204.3M | 169.6M | 151.7M | 134.9M | 109.7M |
| Depreciation Income Statement | 41.7M | 34.1M | 30.6M | 27.9M | 24.6M |
| Diluted NI Availto Com Stockholders | 65.7M | 144.1M | 113.8M | 87.2M | 52.8M |
| Gain On Sale Of Business | 30.1M | 0.00 | -- | -- | -- |
| Impairment Of Capital Assets | 533,000 | 617,000 | 0.00 | 0.00 | 1.6M |
| Net Income Continuous Operations | 70.1M | 149.5M | 115.4M | 87.6M | -2.2B |
| Net Non Operating Interest Income Expense | -22.1M | -21.7M | -18.7M | -9.4M | -11.6M |
| Other Gand A | 87.9M | 71.1M | 59.0M | 49.0M | 33.3M |
| Preferred Stock Dividends | -- | -- | -- | -- | 25.7M |
| Reconciled Cost Of Revenue | 992.4M | 823.5M | 725.3M | 591.1M | 473.2M |
| Rent And Landing Fees | 11.8M | 11.0M | 8.4M | 7.6M | 5.7M |
| Rent Expense Supplemental | 11.8M | 11.0M | 8.4M | 7.6M | 5.7M |
| Total Expenses | 1.3B | 1.1B | 944.4M | 782.7M | 621.9M |
| Total Other Finance Cost | -6.6M | -1.6M | 2.1M | 2.8M | 1.6M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 326.7M | 206.2M | 179.1M | 136.8M | 75.3M |
| Cash Cash Equivalents And Short Term Investments | 326.7M | 206.2M | 179.1M | 136.8M | 75.3M |
| Cash Financial | 326.7M | 206.2M | 179.1M | 136.8M | 75.3M |
| Other Short Term Investments | 1,000 | 0.00 | 3,000 | 2,000 | 7,000 |
| Accounts Receivable | 175.6M | 142.8M | 134.1M | 95.8M | 70.7M |
| Receivables | 249.8M | 202.4M | 201.0M | 145.0M | 105.7M |
| Inventory | 7.1M | 4.9M | 4.5M | 1.4M | 570,000 |
| Prepaid Assets | -- | -- | -- | 26.6M | 19.4M |
| Other Current Assets | 47.7M | 40.9M | 33.2M | 26.6M | 19.4M |
| Current Assets | 631.2M | 454.4M | 417.7M | 309.8M | 201.0M |
| Gross PPE | 240.0M | 200.5M | 168.5M | 150.6M | 132.6M |
| Accumulated Depreciation | -116.0M | -101.6M | -87.4M | -76.7M | -62.9M |
| Net PPE | 124.0M | 98.9M | 81.1M | 74.0M | 69.7M |
| Goodwill | 309.0M | 250.5M | 235.7M | 222.3M | 191.1M |
| Goodwill And Other Intangible Assets | 1.2B | 950.7M | 903.7M | 874.0M | 744.1M |
| Other Intangible Assets | 892.3M | 700.2M | 668.0M | 651.7M | 553.1M |
| Investments And Advances | 515.4M | 2.5M | 2.4M | 2.1M | 998,000 |
| Long Term Equity Investment | 515.4M | 2.5M | 2.4M | 2.1M | 998,000 |
| Other Non Current Assets | 17.6M | 9.3M | 11.2M | 14.8M | 5.5M |
| Total Non Current Assets | 1.9B | 1.1B | 1.0B | 985.0M | 827.3M |
| Total Assets | 2.5B | 1.5B | 1.4B | 1.3B | 1.0B |
| Current Debt | 345.3M | 225.7M | 161.1M | 232.1M | 75.6M |
| Current Debt And Capital Lease Obligation | 376.2M | 249.3M | 181.7M | 251.0M | 91.8M |
| Accounts Payable | 365.2M | 250.4M | 211.4M | 174.8M | 136.0M |
| Payables | 428.2M | 281.7M | 243.8M | 200.3M | 156.3M |
| Payables And Accrued Expenses | 428.2M | 281.7M | 243.8M | 200.3M | 156.3M |
| Current Deferred Revenue | 207.1M | 166.6M | 138.9M | 117.0M | 82.2M |
| Other Current Liabilities | 1,000 | -- | -1,000 | 2,000 | 66.6M |
| Current Liabilities | 1.0B | 700.2M | 566.0M | 570.1M | 398.8M |
| Long Term Debt | 347.2M | 49.3M | 64.6M | 41.3M | 96.1M |
| Long Term Debt And Capital Lease Obligation | 414.7M | 102.5M | 106.1M | 77.9M | 135.1M |
| Long Term Capital Lease Obligation | 67.4M | 53.2M | 41.5M | 36.6M | 39.0M |
| Other Non Current Liabilities | 64.0M | 39.2M | 27.2M | 23.4M | 11.6M |
| Total Non Current Liabilities Net Minority Interest | 716.3M | 304.3M | 274.3M | 256.9M | 273.9M |
| Total Liabilities Net Minority Interest | 1.7B | 1.0B | 840.3M | 827.0M | 672.7M |
| Common Stock | 39.4M | 39.4M | 39.4M | 39.4M | 39.4M |
| Capital Stock | 39.4M | 39.4M | 39.4M | 39.4M | 2.1B |
| Retained Earnings | 309.8M | 266.3M | 297.4M | 226.9M | -1.8B |
| Gains Losses Not Affecting Retained Earnings | 124.6M | 5.6M | 2.4M | -232,000 | -380,000 |
| Common Stock Equity | 473.8M | 311.3M | 339.2M | 266.1M | -2.8B |
| Stockholders Equity | 473.8M | 311.3M | 339.2M | 266.1M | -705.6M |
| Total Equity Gross Minority Interest | 781.8M | 531.4M | 592.5M | 467.8M | 355.6M |
| Minority Interest | 308.0M | 220.1M | 253.3M | 201.7M | 1.1B |
| Total Capitalization | 821.0M | 360.6M | 403.8M | 307.4M | -609.5M |
| Net Tangible Assets | -727.5M | -639.4M | -564.5M | -607.9M | -1.4B |
| Tangible Book Value | -727.5M | -639.4M | -564.5M | -607.9M | -3.5B |
| Working Capital | -383.9M | -245.8M | -148.3M | -260.3M | -197.8M |
| Invested Capital | 1.2B | 586.3M | 564.9M | 539.5M | -2.6B |
| Total Debt | 790.9M | 351.8M | 287.8M | 328.9M | 226.9M |
| Net Debt | 365.9M | 68.9M | 46.6M | 136.7M | 96.4M |
| Share Issued | 83.3M | 83.1M | 81.9M | 81.9M | 40.5M |
| Ordinary Shares Number | 83.3M | 83.1M | 81.9M | 81.9M | 40.5M |
| Allowance For Doubtful Accounts Receivable | -9.9M | -9.0M | -7.5M | -5.7M | -4.3M |
| Buildings And Improvements | 114.1M | 94.1M | 76.7M | 68.1M | 56.6M |
| Capital Lease Obligations | 98.4M | 76.8M | 62.1M | 55.5M | 55.2M |
| Current Capital Lease Obligation | 30.9M | 23.6M | 20.6M | 18.8M | 16.2M |
| Current Deferred Liabilities | 207.1M | 166.6M | 138.9M | 117.0M | 82.2M |
| Current Provisions | 3.5M | 2.6M | 1.7M | 1.9M | 1.9M |
| Gross Accounts Receivable | 185.5M | 151.8M | 141.6M | 101.5M | 75.1M |
| Income Tax Payable | 39.2M | 18.2M | 20.1M | 11.5M | 11.4M |
| Leases | 8.9M | 7.7M | 7.0M | 6.1M | 5.4M |
| Line Of Credit | 332.9M | 217.5M | 152.6M | 127.1M | 46.5M |
| Machinery Furniture Equipment | 117.0M | 98.6M | 84.7M | 76.4M | 70.6M |
| Non Current Accounts Receivable | -- | -- | 11.2M | 14.8M | 5.5M |
| Non Current Deferred Assets | 23.6M | 20.1M | 16.6M | 20.1M | 7.0M |
| Non Current Deferred Liabilities | 197.5M | 152.5M | 139.6M | 153.2M | 126.3M |
| Non Current Deferred Revenue | 9.2M | 6.6M | 2.5M | 2.7M | 1.3M |
| Non Current Deferred Taxes Assets | 23.5M | 19.9M | 16.4M | 20.0M | 6.8M |
| Non Current Deferred Taxes Liabilities | 188.3M | 145.9M | 137.2M | 150.5M | 125.0M |
| Other Current Borrowings | 12.4M | 8.2M | 8.5M | 105.0M | 29.1M |
| Other Equity Interest | -- | -- | -- | -- | -1.0B |
| Other Payable | 23.7M | 13.1M | 12.3M | 14.0M | 8.9M |
| Other Properties | 70,000 | 70,000 | 111,000 | 89,000 | 37,000 |
| Other Receivables | 70.6M | 58.1M | 64.7M | 47.8M | 34.1M |
| Preferred Stock | -- | -- | -- | 0.00 | 2.0B |
| Preferred Stock Equity | -- | -- | -- | -- | 2.0B |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 3.6M | 1.5M | 2.3M | 1.5M | 943,000 |
| Total Tax Payable | 39.2M | 18.2M | 20.1M | 11.5M | 11.4M |
| Tradeand Other Payables Non Current | 40.1M | 10.1M | 1.3M | 2.3M | 945,000 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 412.7M | 347.6M | 246.6M | 203.0M | 176.4M |
| Cash Flow From Continuing Operating Activities | 412.7M | 347.6M | 246.6M | 203.0M | 176.4M |
| Depreciation And Amortization | 204.3M | 169.6M | 151.7M | 134.9M | 109.7M |
| Depreciation Amortization Depletion | 204.3M | 169.6M | 151.7M | 134.9M | 109.7M |
| Deferred Tax | 38.2M | 34.0M | 29.3M | 16.8M | 21.6M |
| Deferred Income Tax | 38.2M | 34.0M | 29.3M | 16.8M | 21.6M |
| Change In Working Capital | 28.4M | 27.1M | -20.1M | 504,000 | -8.0M |
| Changes In Account Receivables | 18.0M | 8.8M | -16.5M | -3.6M | -10.4M |
| Change In Receivables | 16.4M | 11.4M | -15.4M | -6.0M | -21.4M |
| Change In Inventory | -417,000 | 292,000 | 405,000 | -18,000 | -345,000 |
| Change In Payables And Accrued Expense | 22.2M | 7.8M | 10.7M | 12.1M | 9.3M |
| Change In Other Working Capital | 8.4M | 7.8M | 3.2M | 232,000 | 6.5M |
| Change In Other Current Assets | -12.6M | 4.3M | -11.4M | -8.7M | -3.6M |
| Change In Other Current Liabilities | -5.6M | -4.5M | -7.6M | 2.9M | 1.5M |
| Other Non Cash Items | 21.9M | 21.1M | 18.7M | 9.4M | 2.3B |
| Capital Expenditure | -10.7M | -8.3M | -7.8M | -7.3M | -5.4M |
| Purchase Of PPE | -10.7M | -8.3M | -7.8M | -7.3M | -5.4M |
| Net PPE Purchase And Sale | -10.7M | -8.3M | -7.8M | -7.3M | -5.4M |
| Purchase Of Business | -345.2M | -135.3M | -131.5M | -167.3M | -256.6M |
| Sale Of Business | 62.7M | 35.5M | 12.3M | 38.1M | 47.5M |
| Purchase Of Investment | -413.2M | 0.00 | -248,000 | 0.00 | -- |
| Sale Of Investment | 28.4M | 0.00 | -- | -- | -- |
| Net Investment Purchase And Sale | -384.9M | 0.00 | -248,000 | 0.00 | -- |
| Investing Cash Flow | -670.0M | -110.2M | -127.2M | -133.4M | -213.4M |
| Cash Flow From Continuing Investing Activities | -670.0M | -110.2M | -127.2M | -133.4M | -213.4M |
| Issuance Of Debt | 350.2M | 38.1M | 38.4M | 93.6M | 122.8M |
| Repayment Of Debt | -49.1M | -72.7M | -135.9M | -26.2M | -17.9M |
| Net Issuance Payments Of Debt | 416.1M | 30.4M | -72.5M | 67.4M | 104.9M |
| Common Stock Dividend Paid | 0.00 | -127.6M | 0.00 | 0.00 | -36.4M |
| Financing Cash Flow | 381.1M | -211.6M | -78.0M | -8.2M | 56.7M |
| Cash Flow From Continuing Financing Activities | 381.1M | -211.6M | -78.0M | -8.2M | 56.7M |
| Effect Of Exchange Rate Changes | -3.2M | 1.3M | 909,000 | 0.00 | 0.00 |
| Changes In Cash | 123.7M | 25.8M | 41.4M | 61.4M | 19.7M |
| Beginning Cash Position | 206.2M | 179.1M | 136.8M | 75.3M | 55.6M |
| End Cash Position | 326.7M | 206.2M | 179.1M | 136.8M | 75.3M |
| Free Cash Flow | 402.0M | 339.3M | 238.8M | 195.7M | 171.0M |
| Amortization Cash Flow | 162.6M | 135.5M | 121.1M | 107.1M | 85.1M |
| Amortization Of Intangibles | 162.6M | 135.5M | 121.1M | 107.1M | 85.1M |
| Asset Impairment Charge | 533,000 | 617,000 | 0.00 | 0.00 | 1.6M |
| Cash Dividends Paid | 0.00 | -127.6M | 0.00 | -66.6M | -36.4M |
| Depreciation | 41.7M | 34.1M | 30.6M | 27.9M | 24.6M |
| Earnings Losses From Equity Investments | 159.9M | -209,000 | -139,000 | -584,000 | -1.4M |
| Gain Loss On Investment Securities | -56.8M | -- | -- | -- | -- |
| Interest Paid Cff | -27.9M | -23.2M | -17.2M | -13.0M | -9.0M |
| Interest Received Cfi | 9.5M | 0.00 | 0.00 | 3.0M | 1.0M |
| Long Term Debt Issuance | 350.2M | 38.1M | 38.4M | 93.6M | 92.2M |
| Long Term Debt Payments | -49.1M | -72.7M | -135.9M | -24.4M | -17.9M |
| Net Business Purchase And Sale | -282.5M | -99.8M | -119.2M | -129.1M | -209.1M |
| Net Foreign Currency Exchange Gain Loss | -227,000 | 1.3M | 1.9M | 286,000 | 584,000 |
| Net Income From Continuing Operations | 70.1M | 149.5M | 115.4M | 87.6M | -2.2B |
| Net Long Term Debt Issuance | 301.1M | -34.6M | -97.5M | 69.2M | 74.4M |
| Net Other Financing Charges | -7.2M | -91.2M | 11.8M | 4.1M | -2.8M |
| Net Other Investing Changes | -1.6M | -2.1M | -- | -- | -- |
| Net Short Term Debt Issuance | 115.0M | 65.0M | 25.0M | -1.8M | 30.6M |
| Operating Gains Losses | 102.9M | 1.0M | 1.7M | -298,000 | -804,000 |
| Preferred Stock Dividend Paid | -- | -- | 0.00 | -66.6M | 0.00 |
| Short Term Debt Issuance | -- | -- | 1.3M | 0.00 | 30.6M |
| Short Term Debt Payments | -- | -- | -29.9M | -1.8M | -- |
| Taxes Refund Paid | -53.6M | -55.3M | -50.3M | -45.9M | -39.1M |