Loading the section
Company reports as filed with the U.S. Securities and Exchange Commission.
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue | 427m | 177m | 62m |
| Cost of revenue | 331m | 155m | 46m |
| Gross profit | 96m | 22m | 17m |
| Selling, general and administrative | 31m | 11m | 5m |
| Operating expenses | 37m | 13m | 5m |
| Operating income | 59m | 9m | 12m |
| Pre-tax income | 53m | 41m | 10m |
| Income tax | 15m | 781,238 | — |
| Net income | 40m | 41m | 10m |
| Earnings per share | 1.14 | 1.09 | 0.24 |
| Earnings per share, diluted | 1.13 | 1.09 | 0.24 |
| Weighted average shares | 30m | 31m | 41m |
| Weighted average shares, diluted | 30m | 31m | 41m |
| Metric | Aug 19, 2026 | Aug 18, 2026 | Dec 31, 2025 | Mar 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 59m | — | 14m | 18m | 2m |
| Receivables | — | — |
| Metric | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Operating cash flow | 133m | 47m | −13m |
| Depreciation and amortisation | 37m | 23m | 3m |
| Share-based compensation | 9m | 609,000 | — |
| Capital expenditure | 92m | 43m | 114m |
Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)
| — |
| 7m |
| — |
| — |
| Inventory | — | — | 80m | — | 20m | 40m | — |
| Current assets | — | — | 172m | — | 55m | 83m | — |
| Property, plant and equipment | — | — | 221m | — | 129m | 143m | — |
| Total assets | — | — | 441m | — | 240m | 238m | — |
| Current liabilities | — | — | 296m | — | 125m | 169m | — |
| Short-term debt | — | — | 5m | 19m | 16m | — | — |
| Long-term debt | — | — | — | — | 21m | 12m | — |
| Total liabilities | — | — | 330m | — | 180m | 181m | — |
| Equity | — | — | 111m | — | 59m | 57m | 8m |
| Shares outstanding | — | — | 37m | — | 34m | 41m | — |
| Shares issued | — | — | 38m | — | 47m | 41m | — |
| Investing cash flow |
| −98m |
| −44m |
| −114m |
| Financing cash flow | 9m | −2m | 146m |