| Market Cap | $621.2M | |
| Enterprise Value | — | |
| Revenue | $455.6M | +18.5% |
| Gross Profit | — | — |
| EBITDA | — | — |
| Net Income | -$32.5M | +29.8% |
| Diluted EPS | $0.18 | +28.6% |
| Free Cash Flow | — | — |
| DPS (FY2025) | $0.44 |
| Trailing yield | 9.34% |
| Payout ratio | 236.9% |
| Growth streak | 0 yrs |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | $0.44 | +0.0% | reported |
| FY20242024-12-31 | $0.44 | +0.0% | reported |
| FY20232023-12-31 | $0.44 | +450.0% | reported |
| FY20222022-12-31 | $0.08 | — | reported |
| Ratio | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 6y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | |||||||||
| Operating Margin | −40.29% | 49.36% | 60.74% | 22.99% | 15.59% | 10.31% | 25% | 57% | |
| NOPAT Margin | — | 49.36% | 57.91% | 17.66% | 11.72% | 7.82% | 10% | 56% | |
| Net Margin | −27.47% | 37.37% | 52.74% | 20.58% | 4.94% | 5.41% | 42% | 54% | |
| OCF Margin | 76.70% | 62.43% | 69.64% | 76.86% | 72.56% | 65.83% | 25% | 93% | |
| ▸Returns on Capital · 3 ratios | |||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | |||||||||
| ▸Earnings quality · 3 ratios | |||||||||
| ▸Liquidity & coverage · 4 ratios | |||||||||
| ▸Leverage · 6 ratios | |||||||||
| ▸Working capital · 1 ratios | |||||||||
| ▸Capital allocation · 3 ratios | |||||||||
| ▸Per share · 2 ratios | |||||||||
The five drivers multiply to 4.3% vs reported ROE 3.9%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|
| Revenue | $87.1M | $290.2M | $497.4M | $394.1M | $380.0M | $450.3M |
| YoY % | +233.2% | +71.4% | -20.8% | -3.6% | +18.5% | |
| SG&A Expense | $10.1M | $10.2M | $14.2M | $27.9M | $24.6M | $31.0M |
| YoY % | +0.7% | +39.7% | +96.3% | -11.7% | +25.8% | |
| Total Operating Expenses | $122.2M | $147.0M | $195.3M | $303.5M | $320.8M | $403.9M |
| YoY % | +20.3% | +32.9% | +55.4% | +5.7% | +25.9% | |
| Operating Income | -$35.1M | $143.2M | $302.1M | $90.6M | $59.3M | $46.4M |
| YoY % | +110.9% | -70.0% | -34.6% | -21.7% | ||
| Interest Expense | — | — | $2.0M | $5.3M | $18.5M | $25.5M |
| YoY % | +167.2% | +247.5% | +38.1% | |||
| Other Non-Operating Income | — | — | $0 | $0 | $271,000 | -$94,000 |
| Gains on Sale of Real Estate | $648,000 | $2.3M | $0 | $0 | — | — |
| YoY % | +251.7% | -100.0% | ||||
| Impairment of Real Estate | $5.7M | $0 | $0 | $26.5M | $36.4M | $44.7M |
| YoY % | -100.0% | +37.3% | +22.8% | |||
| Pretax Income | -$23.9M | $108.5M | $275.2M | $105.6M | $25.0M | $32.1M |
| YoY % | +153.7% | -61.6% | -76.4% | +28.6% | ||
| Income Tax | — | $0 | $12.8M | $24.5M | $6.2M | $7.8M |
| YoY % | +90.5% | -74.6% | +25.0% | |||
| Net Income | -$23.9M | $108.5M | $262.3M | $81.1M | $18.8M | $24.4M |
| YoY % | +141.9% | -69.1% | -76.9% | +29.8% | ||
| EPS (Basic) | -$0.18 | $0.82 | $1.97 | $0.61 | $0.14 | $0.18 |
| YoY % | +140.2% | -69.0% | -77.0% | +28.6% | ||
| EPS (Diluted) | -$0.18 | $0.82 | $1.97 | $0.61 | $0.14 | $0.18 |
| YoY % | +140.2% | -69.0% | -77.0% | +28.6% | ||
| Weighted Avg Shares (Basic) | 132.9M | 132.9M | 132.9M | 133.1M | 130.2M | 130.4M |
| YoY % | 0.0% | 0.0% | +0.1% | -2.2% | +0.2% | |
| Weighted Avg Shares (Diluted) | 132.9M | 132.9M | 133.1M | 133.1M | 130.2M | 130.5M |
| YoY % | 0.0% | +0.1% | +0.0% | -2.2% | +0.2% | |
| Dividends Declared per Share | — | — | $0 | $0 | $0 | $0 |
| YoY % | +450.0% | 0.0% | 0.0% |
The sector classification is SIC-derived, not official GICS. Statement lines are XBRL facts as filed with the company's home regulator (SEC EDGAR for US filers; ESEF/EDINET and other national regulators for foreign filers); ratios and other derived figures are computed from them. A blank cell means the tag was absent — never imputed.
| Ex-date | Amount | Pay date | Freq | Source |
|---|---|---|---|---|
| 2026-05-29 | $0.1100 | 2026-06-12 | quarterly | licensed |
| 2026-02-27 | $0.1100 | — | quarterly | licensed |
| 2025-11-28 | $0.1100 | — | quarterly | licensed |
| 2025-08-29 | $0.1100 | — | quarterly | licensed |
| 2025-05-30 | $0.1100 | 2025-06-13 | quarterly | licensed |
| 2025-02-28 | $0.1100 | — | quarterly | licensed |
| 2024-11-29 | $0.1100 | — | quarterly | licensed |
| 2024-08-30 | $0.1100 | — | quarterly | licensed |
