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 | 1.7B | 1.7B | 1.7B | 1.5B | 701.1M |
| Operating Revenue | 1.7B | 1.7B | 1.7B | 1.5B | 701.1M |
| Cost Of Revenue | 1.1B | 1.2B | 1.2B | 847.1M | 432.4M |
| Gross Profit | 591.1M | 584.2M | 502.8M | 615.1M | 268.6M |
| Selling General And Administration | 64.9M | 50.3M | 44.4M | 35.5M | 24.0M |
| General And Administrative Expense | 64.9M | 50.3M | 44.4M | 35.5M | 24.0M |
| Other Operating Expenses | 92.5M | 86.5M | 103.4M | 55.9M | 20.0M |
| Operating Expense | 157.4M | 136.8M | 147.8M | 91.4M | 44.0M |
| Operating Income | 433.7M | 447.4M | 355.0M | 523.7M | 224.6M |
| EBIT | 26.8M | 290.0M | 237.2M | 489.3M | 541.2M |
| Interest Expense | 66.9M | 80.6M | 95.9M | 44.6M | 21.5M |
| Interest Expense Non Operating | 66.9M | 80.6M | 95.9M | 44.6M | 21.5M |
| Net Interest Income | -78.3M | -90.1M | -103.7M | -48.6M | -21.5M |
| Other Income Expense | -395.4M | -148.0M | -109.9M | -30.4M | 316.6M |
| Special Income Charges | -406.5M | -85.1M | -126.0M | 9.8M | 390.6M |
| Restructuring And Mergern Acquisition | -- | -- | 0.00 | 9.5M | 8.1M |
| Gain On Sale Of Security | 11.0M | -62.9M | 16.1M | -40.2M | -74.0M |
| Pretax Income | -40.1M | 209.3M | 141.4M | 444.7M | 519.8M |
| Tax Provision | -3.7M | 47.1M | 47.2M | 99.5M | 129.3M |
| Tax Effect Of Unusual Items | -37.0M | -33.3M | -36.7M | -6.8M | 78.7M |
| Net Income From Continuing And Discontinued Operation | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Income From Continuing Operation Net Minority Interest | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Income Including Noncontrolling Interests | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Income Common Stockholders | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Income | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| EBITDA | 557.4M | 878.0M | 868.3M | 867.0M | 753.6M |
| Normalized EBITDA | 952.8M | 1.0B | 978.2M | 897.4M | 437.0M |
| Reconciled Depreciation | 530.6M | 588.0M | 631.1M | 377.7M | 212.3M |
| Basic EPS | -0.07 | 0.30 | 0.17 | 0.75 | 1.10 |
| Diluted EPS | -0.07 | 0.30 | 0.17 | 0.74 | 1.08 |
| Basic Average Shares | 501.2M | 542.5M | 556.5M | 460.3M | 353.6M |
| Diluted Average Shares | 501.2M | 546.9M | 560.0M | 464.3M | 360.8M |
| Total Unusual Items | -395.4M | -148.0M | -109.9M | -30.4M | 316.6M |
| Total Unusual Items Excluding Goodwill | -395.4M | -148.0M | -109.9M | -30.4M | 316.6M |
| Tax Rate For Calcs | 0.09 | 0.23 | 0.33 | 0.22 | 0.25 |
| Normalized Income | 322.1M | 276.9M | 167.4M | 368.8M | 152.6M |
| Diluted NI Availto Com Stockholders | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Gain On Sale Of Ppe | -406.5M | -85.1M | -126.0M | 19.2M | 8.7M |
| Impairment Of Capital Assets | -- | -- | -- | 0.00 | -390.0M |
| Net Income Continuous Operations | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Non Operating Interest Income Expense | -78.3M | -90.1M | -103.7M | -48.6M | -21.5M |
| Other Gand A | 37.0M | 32.7M | 31.4M | 27.7M | 18.0M |
| Reconciled Cost Of Revenue | 1.1B | 1.2B | 1.2B | 847.1M | 432.4M |
| Salaries And Wages | 27.8M | 17.6M | 13.1M | 7.8M | 6.0M |
| Total Expenses | 1.2B | 1.3B | 1.4B | 938.5M | 476.4M |
| Total Other Finance Cost | 11.5M | 9.4M | 7.8M | 4.0M | -- |
| 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 | 5.4M | 7.4M | 2.2M | -- | -- |
| Cash Cash Equivalents And Short Term Investments | 5.4M | 7.4M | 2.2M | -- | -- |
| Cash Financial | 5.4M | 7.4M | 2.2M | -- | -- |
| Accounts Receivable | 108.8M | 125.9M | 100.9M | 147.2M | 71.7M |
| Receivables | 114.2M | 139.2M | 135.1M | 171.2M | 79.9M |
| Prepaid Assets | 30.4M | 11.2M | 18.0M | 6.8M | 7.8M |
| Current Assets | 164.6M | 215.4M | 197.4M | 184.1M | 87.7M |
| Gross PPE | 5.1B | 3.8B | 5.6B | 5.9B | 3.4B |
| Accumulated Depreciation | -1.9B | -2.1B | -1.6B | -1.5B | -1.2B |
| Net PPE | 3.2B | 3.8B | 4.0B | 4.4B | 2.2B |
| Total Non Current Assets | 3.2B | 3.8B | 4.0B | 4.4B | 2.2B |
| Total Assets | 3.4B | 4.0B | 4.2B | 4.6B | 2.3B |
| Current Debt | 7.6M | 2.6M | 56.7M | 265.0M | -- |
| Current Debt And Capital Lease Obligation | 9.2M | 6.5M | 140.2M | 265.0M | 3.6M |
| Accounts Payable | 145.2M | 199.8M | 201.5M | 343.8M | 72.2M |
| Payables | 145.2M | 199.8M | 201.5M | 343.8M | 72.2M |
| Payables And Accrued Expenses | 145.2M | 199.8M | 201.5M | 343.8M | 72.2M |
| Other Current Liabilities | 7.7M | 67.9M | 20.7M | 22.9M | 13.4M |
| Current Liabilities | 183.5M | 275.4M | 375.4M | 642.9M | 94.5M |
| Long Term Debt | 683.0M | 738.1M | 771.8M | 930.2M | 477.4M |
| Long Term Debt And Capital Lease Obligation | 688.3M | 738.1M | 771.8M | 930.2M | 484.4M |
| Long Term Capital Lease Obligation | 5.4M | 7.1M | 9.8M | 6.4M | 6.9M |
| Other Non Current Liabilities | 164.1M | 206.7M | 175.8M | 32.1M | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 1.4B | 1.6B | 1.7B | 1.8B | 973.0M |
| Total Liabilities Net Minority Interest | 1.5B | 1.9B | 2.0B | 2.5B | 1.1B |
| Common Stock | 1.6B | 1.8B | 1.9B | 1.9B | 1.2B |
| Capital Stock | 1.6B | 1.8B | 1.9B | 1.9B | 1.2B |
| Additional Paid In Capital | 26.7M | 20.8M | 28.5M | 27.5M | 48.3M |
| Retained Earnings | 163.3M | 339.9M | 269.6M | 259.0M | -26.7M |
| Treasury Stock | 7.7M | 3.7M | 2.4M | 2.5M | 3.3M |
| Common Stock Equity | 1.8B | 2.1B | 2.2B | 2.2B | 1.3B |
| Stockholders Equity | 1.8B | 2.1B | 2.2B | 2.2B | 1.3B |
| Total Equity Gross Minority Interest | 1.8B | 2.1B | 2.2B | 2.2B | 1.3B |
| Total Capitalization | 2.5B | 2.9B | 2.9B | 3.1B | 1.7B |
| Net Tangible Assets | 1.8B | 2.1B | 2.2B | 2.2B | 1.3B |
| Tangible Book Value | 1.8B | 2.1B | 2.2B | 2.2B | 1.3B |
| Working Capital | -18.9M | -60.0M | -178.0M | -458.9M | -6.8M |
| Invested Capital | 2.5B | 2.9B | 3.0B | 3.4B | 1.7B |
| Total Debt | 697.5M | 738.1M | 912.0M | 1.2B | 488.0M |
| Net Debt | 685.1M | 730.7M | 826.3M | 1.2B | 477.4M |
| Share Issued | 486.9M | 523.1M | 557.0M | 556.4M | 407.9M |
| Ordinary Shares Number | 485.7M | 522.2M | 556.2M | 556.4M | 406.9M |
| Assets Held For Sale Current | 0.00 | 37.6M | 0.00 | -- | -- |
| Capital Lease Obligations | 7.0M | 11.1M | 12.8M | 10.8M | 10.5M |
| Current Capital Lease Obligation | 1.6M | 3.9M | 3.0M | 4.5M | 3.6M |
| Current Provisions | 4.9M | 7.7M | 13.0M | 11.2M | 5.3M |
| Derivative Product Liabilities | -- | -- | -- | 0.00 | 17,000 |
| Duefrom Related Parties Current | 4.4M | 6.0M | 6.3M | 14.8M | 4.9M |
| Employee Benefits | 13.3M | 8.1M | 4.2M | 5.6M | -- |
| Financial Assets | -- | -- | 0.00 | 254,000 | 77,000 |
| Hedging Assets Current | 14.6M | 20.1M | 42.1M | 6.0M | -- |
| Income Tax Payable | -- | -- | -- | 123.9M | 0.00 |
| Long Term Provisions | 129.2M | 172.6M | 177.0M | 253.8M | 279.2M |
| Non Current Deferred Assets | -- | -- | -- | -- | 0.00 |
| Non Current Deferred Liabilities | 360.1M | 474.1M | 535.5M | 597.4M | 208.3M |
| Non Current Deferred Taxes Assets | -- | -- | -- | -- | 0.00 |
| Non Current Deferred Taxes Liabilities | 360.1M | 474.1M | 535.5M | 597.4M | 208.3M |
| Non Current Note Receivables | -- | -- | 0.00 | 20.0M | 0.00 |
| Other Current Borrowings | 7.6M | 2.6M | 56.7M | 265.0M | -- |
| Other Properties | 5.0B | 3.8B | 5.6B | 5.9B | 5.6M |
| Other Receivables | 1.0M | 7.3M | 27.9M | 9.1M | 3.3M |
| Pensionand Other Post Retirement Benefit Plans Current | 16.5M | 8.0M | 5.7M | 6.4M | -- |
| Total Tax Payable | -- | -- | -- | 123.9M | 0.00 |
| Treasury Shares Number | 1.2M | 845,000 | 800,000 | -- | 937,799 |
| 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 | 778.9M | 833.2M | 631.6M | 805.4M | 297.9M |
| Cash Flow From Continuing Operating Activities | 778.9M | 833.2M | 631.6M | 805.4M | 297.9M |
| Depreciation And Amortization | 526.2M | 584.2M | 627.9M | -- | -- |
| Depreciation Amortization Depletion | 530.6M | 588.0M | 631.1M | 377.7M | 212.3M |
| Stock Based Compensation | 12.2M | 11.2M | 5.5M | 3.9M | 6.0M |
| Deferred Tax | -103.8M | -61.4M | -61.9M | 23.6M | 129.3M |
| Deferred Income Tax | -103.8M | -61.4M | -61.9M | 23.6M | 129.3M |
| Change In Working Capital | -7.0M | -4.6M | -120.0M | 95.8M | -29.8M |
| Other Non Cash Items | 12.4M | 2.0M | 3.1M | 315,000 | 16.5M |
| Capital Expenditure | -495.2M | -452.7M | -534.0M | -1.4B | -647.4M |
| Purchase Of PPE | -495.2M | -452.7M | -534.0M | -1.4B | -647.4M |
| Net PPE Purchase And Sale | -368.6M | -452.7M | -392.5M | -1.3B | -601.2M |
| Investing Cash Flow | -403.7M | -453.4M | -378.0M | -1.3B | -581.1M |
| Cash Flow From Continuing Investing Activities | -403.7M | -453.4M | -378.0M | -1.3B | -581.1M |
| Issuance Of Debt | 216.4M | -- | 66.6M | 546.7M | 265.3M |
| Repayment Of Debt | -293.0M | -190.4M | -351.6M | -132.1M | -40.9M |
| Net Issuance Payments Of Debt | -76.6M | -190.4M | -285.0M | 414.6M | 224.4M |
| Issuance Of Capital Stock | -- | -- | 0.00 | 136.9M | 71.2M |
| Repurchase Of Capital Stock | -203.5M | -147.0M | -9.6M | -35.9M | -13.1M |
| Net Common Stock Issuance | -203.5M | -147.0M | -9.6M | 101.0M | 58.2M |
| Common Stock Dividend Paid | -77.0M | -81.5M | -83.5M | -55.3M | 0.00 |
| Common Stock Payments | -203.5M | -147.0M | -9.6M | -35.9M | -13.0M |
| Financing Cash Flow | -377.1M | -374.7M | -251.4M | 465.2M | 283.2M |
| Cash Flow From Continuing Financing Activities | -377.1M | -374.7M | -251.4M | 465.2M | 283.2M |
| Changes In Cash | -1.9M | 5.2M | 2.2M | -- | -- |
| Beginning Cash Position | 7.4M | 2.2M | 0.00 | 0.00 | 0.00 |
| End Cash Position | 5.4M | 7.4M | 2.2M | 0.00 | 0.00 |
| Free Cash Flow | 283.7M | 380.6M | 97.7M | -602.1M | -349.5M |
| Income Tax Paid Supplemental Data | 143.6M | 87.2M | 246.9M | 0.00 | -- |
| Interest Paid Supplemental Data | 58.3M | 81.1M | 93.9M | 41.9M | -- |
| Asset Impairment Charge | -- | -- | -- | 0.00 | -390.0M |
| Cash Dividends Paid | -77.0M | -81.5M | -83.5M | -55.3M | 0.00 |
| Common Stock Issuance | -- | -- | 0.00 | 136.9M | 71.2M |
| Depletion | 4.4M | 3.9M | 3.2M | -- | -- |
| Depreciation | 526.2M | 584.2M | 627.9M | -- | -- |
| Gain Loss On Investment Securities | -30.3M | 51.6M | -46.2M | -21.8M | -1.3M |
| Gain Loss On Sale Of PPE | 401.0M | 84.1M | 126.0M | -19.2M | -8.7M |
| Interest Paid Cfo | -- | -- | -- | -41.9M | -21.5M |
| Long Term Debt Issuance | 216.4M | -- | 66.6M | 546.7M | 265.3M |
| Long Term Debt Payments | -293.0M | -190.4M | -351.6M | -132.1M | -40.9M |
| Net Foreign Currency Exchange Gain Loss | -- | -- | -- | -498,000 | 1.3M |
| Net Income From Continuing Operations | -36.3M | 162.2M | 94.2M | 345.2M | 390.5M |
| Net Long Term Debt Issuance | -76.6M | -190.4M | -285.0M | 414.6M | 224.4M |
| Net Other Financing Charges | -20.5M | 42.9M | 125.9M | 3.1M | -1.0M |
| Net Other Investing Changes | -35.2M | -728,000 | 14.5M | 60.0M | 20.1M |
| Net Preferred Stock Issuance | -- | -- | -- | 0.00 | -116,000 |
| Net Short Term Debt Issuance | -- | -- | -- | -43.3M | 0.00 |
| Operating Gains Losses | 370.8M | 135.7M | 79.7M | -41.1M | -8.8M |
| Preferred Stock Payments | -- | -- | -- | 0.00 | -116,000 |
| Proceeds From Stock Option Exercised | 499,000 | 1.3M | 763,000 | 1.8M | 1.6M |
| Sale Of PPE | 126.7M | -1.7M | 141.5M | 76.9M | 46.2M |
| Short Term Debt Payments | -- | -- | -- | -43.3M | 0.00 |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | -21.8M | -6.7M |