BUSEP: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Revenue	225m	245m	247m	167m	135m	132m
Interest expense	72m	89m	94m	63m	52m	49m
Pre-tax income	64m	77m	65m	−33m	43m	38m
Income tax	14m	20m	17m	−3m	11m	11m
Net income	50m	57m	47m	−30m	32m	27m
Earnings per share	0.52	0.58	0.53	−0.44	0.56	0.48
Earnings per share, diluted	0.52	0.58	0.52	−0.44	0.55	0.47
Weighted average shares	87m	89m	90m	69m	57m	57m
Weighted average shares, diluted	88m	90m	91m	69m	58m	58m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	288m	294m	385m	752m	1.20bn	698m	554m	285m
Property, plant and equipment	—	—	191m	181m	182m	119m	120m	122m
Goodwill	382m	383m	383m	382m	385m	334m	333m	333m
Total assets	18.04bn	18.10bn	18.19bn	18.92bn	19.46bn	12.05bn	11.99bn	11.97bn
Total liabilities	15.62bn	15.64bn	15.74bn	16.51bn	17.28bn	10.66bn	10.58bn	10.64bn
Equity	2.41bn	2.47bn	2.45bn	2.41bn	2.18bn	1.38bn	1.40bn	1.33bn
Shares outstanding	86m	88m	89m	89m	90m	57m	57m	57m
Shares issued	93m	93m	93m	93m	93m	60m	60m	60m
Treasury shares	7m	5m	4m	—	3m	3m	3m	3m

Metric	Mar 31, 2026	Mar 31, 2025
Operating cash flow	52m	8m
Depreciation and amortisation	4m	3m
Share-based compensation	4m	3m
Capital expenditure	2m	2m
Investing cash flow	55m	610m
Dividends paid	27m	14m
Share buybacks	66m	5m
Financing cash flow	−99m	−116m