| Market Cap | $1.22B | |
| Enterprise Value | $1.59B | |
| Revenue | $692.1M | +98.7% |
| Gross Profit | — | — |
| EBITDA | $252.9M | +119.6% |
| Net Income | $46.3M | +90.8% |
| Diluted EPS | $0.64 | — |
| Free Cash Flow | -$583.4M | — |
| DPS (FY2025) | — |
| Trailing yield | — |
| Payout ratio | 72.1% |
| Growth streak | — |
| 5y DPS growth | — |
| Fiscal year | DPS | YoY | Basis |
|---|---|---|---|
| FY20252025-12-31 | — | — | reported |
| FY20242024-12-31 | — | — | reported |
| FY20232023-12-31 | — | — | reported |
| FY20222022-12-31 | — |
| Ratio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend · 11y | vs own | vs sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ▾Margins | ||||||||||||||
| Operating Margin | −8.54% | 15.76% | 37.78% | 50.35% | 44.66% | −58.17% | −0.24% | 13.06% | 17.03% | 16.87% | 21.76% | 68% | 91% | |
| EBITDA Margin | 8.32% | 36.64% | 47.62% | 59.69% | 55.80% | −31.93% | 16.85% | 22.57% | 29.39% | 31.95% | 35.31% | 59% | 92% | |
| NOPAT Margin | −6.75% | 15.52% | 11.46% | 43.75% | 37.61% | −45.95% | −0.19% | 10.60% | 14.18% | 13.21% | 17.39% | 77% | 90% | |
| Net Margin | — | — | −6.19% | 21.52% | 21.52% | −28.49% | −0.55% | 6.61% | 8.31% | 5.05% | 4.85% | 39% | 56% | |
| FCF Margin | −180.46% | −35.13% | −99.69% | −22.67% | 33.11% | 38.06% | −1.99% | −4.19% | 8.52% | −41.22% | −70.34% | 23% | 6% | |
| FCFF Margin | — | — | — | — | — | — | — | — | 9.50% | −37.90% | −66.80% | 17% | 1% | |
| OCF Margin | 15.18% | 24.90% | 39.66% | 59.01% | 47.53% | 42.59% | 10.35% | 21.25% | 30.50% | 18.96% | 33.61% | 59% | 94% | |
| Capex Intensity | 195.64% | 60.03% | 139.35% | 81.68% | 14.42% | 4.53% | 12.34% | 25.44% | 21.98% | 60.18% | 103.95% | 77% | 98% | |
| ▸Returns on Capital · 6 ratios | ||||||||||||||
| ▸DuPont factors (ROE drivers) · 4 ratios | ||||||||||||||
| ▸Earnings quality · 7 ratios | ||||||||||||||
| ▸Liquidity & coverage · 9 ratios | ||||||||||||||
| ▸Leverage · 9 ratios | ||||||||||||||
| ▸Working capital · 3 ratios | ||||||||||||||
| ▸Capital allocation · 5 ratios | ||||||||||||||
| ▸Per share · 3 ratios | ||||||||||||||
| ▸Other · 1 ratios | ||||||||||||||
The five drivers multiply to 7.0% vs reported ROE 6.6%. High ROE from margin and turnover is earned; from the equity multiplier it is borrowed.
| Line | 2015↗ | 2016↗ | 2017↗ | 2018↗ | 2019↗ | 2020↗ | 2021↗ | 2022↗ | 2023↗ | 2024↗ | 2025↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.2M | $18.2M | $67.4M | $197.2M | $241.7M | $103.0M | $159.2M | $320.0M | $292.9M | $313.1M | $622.2M |
| YoY % | +27.8% | +271.2% | +192.6% | +22.6% | -57.4% | +54.6% | +101.0% | -8.5% | +6.9% | +98.7% | |
| R&D Expense | $141,000 | $476,000 | $210,000 | $0 | $0 | $0 | — | — | — | — | — |
| YoY % | +237.6% | -55.9% | -100.0% | ||||||||
| SG&A Expense | $2.7M | $2.1M | $14.3M | $16.8M | $18.6M | $16.5M | $19.3M | $23.1M | $27.0M | $35.6M | $61.7M |
| YoY % | -21.3% | +581.6% | +17.3% | +10.9% | -11.3% | +16.9% | +19.8% | +16.8% | +32.2% | +73.1% | |
| Total Operating Expenses | $15.4M | $15.3M | $41.9M | $97.9M | $133.8M | $162.9M | $159.6M | $278.2M | $243.0M | $260.3M | $486.8M |
| YoY % | -0.8% | +174.2% | +133.5% | +36.6% | +21.8% | -2.0% | +74.3% | -12.6% | +7.1% | +87.0% | |
| Operating Income | -$1.2M | $2.9M | $25.5M | $99.3M | $107.9M | -$59.9M | -$387,000 | $41.8M | $49.9M | $52.8M | $135.4M |
| YoY % | +789.9% | +290.0% | +8.7% | +19.4% | +5.8% | +156.3% | |||||
| Interest Expense | — | — | — | — | — | — | — | — | $3.5M | $13.3M | $27.6M |
| YoY % | +284.6% | +107.9% | |||||||||
| Interest & Investment Income | — | — | — | — | — | — | — | — | $144,000 | $1.5M | $6.7M |
| YoY % | +916.7% | +359.8% | |||||||||
| Other Non-Operating Income | -$71,000 | $8,000 | — | — | — | — | — | — | — | — | — |
| Impairment of Real Estate | — | — | — | — | — | $47.8M | — | — | $1.4M | $0 | $0 |
| YoY % | -100.0% | ||||||||||
| Pretax Income | -$1.3M | $2.8M | $48.4M | $98.9M | $107.3M | -$60.1M | -$634,000 | $41.3M | $46.6M | $36.9M | $73.1M |
| YoY % | +1600.1% | +104.4% | +8.5% | +12.8% | -20.8% | +97.9% | |||||
| Income Tax | $67,000 | $43,000 | $33.7M | $13.0M | $16.9M | -$9.0M | $626,000 | $7.8M | $7.8M | $8.0M | $14.7M |
| YoY % | -35.8% | +78293.0% | -61.6% | +30.7% | +1146.5% | +0.2% | +2.4% | +83.4% | |||
| Net Income (incl. NCI) | -$1.4M | $2.8M | $14.7M | $86.0M | $90.4M | -$51.1M | -$1.3M | $33.5M | $38.8M | $28.9M | $58.4M |
| YoY % | +423.6% | +485.6% | +5.1% | +15.7% | -25.4% | +102.0% | |||||
| Minority Interest (P&L) | — | — | $15.2M | $43.5M | $38.4M | -$21.8M | -$392,000 | $12.4M | $14.4M | $13.1M | $28.2M |
| YoY % | +186.6% | -11.9% | +16.9% | -9.2% | +115.4% | ||||||
| Net Income | — | — | -$4.2M | $42.4M | $52.0M | -$29.3M | -$868,000 | $21.2M | $24.3M | $15.8M | $30.2M |
| YoY % | +22.6% | +15.0% | -35.0% | +90.8% | |||||||
| Net Income to Common | — | — | -$4.2M | $41.2M | $50.9M | -$29.7M | -$1.2M | $20.3M | $23.2M | $14.8M | $28.9M |
| YoY % | +23.5% | +14.2% | -36.2% | +95.3% | |||||||
| EPS (Basic) | — | — | -$0.34 | $1.60 | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | -$0.34 | $1.59 | — | — | — | — | — | — | — |
| Weighted Avg Shares (Basic) | — | — | 12,117 | 25,678 | — | — | — | — | — | — | — |
| YoY % | +111.9% | ||||||||||
| Weighted Avg Shares (Diluted) | — | — | 12,117 | 25,829 | — | — | — | — | — | — | — |
| YoY % | +113.2% |
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.
| — |
| reported |
| FY20212021-12-31 | — | — | reported |
| FY20202020-12-31 | — | — | reported |
| FY20192019-12-31 | — | — | reported |
| FY20182018-12-31 | $106.47 | — | derived (paid ÷ diluted shares) |
