FRA:68S Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	106.7	114.26	5.83	8.84	36.5	60.37
Short-Term Investments	-	-	-	0.12	0.08	0.08
Cash & Short-Term Investments	106.7	114.26	5.83	8.96	36.57	60.44
Cash Growth	472.63%	1858.77%	-34.88%	-75.51%	-39.49%	-11.28%
Accounts Receivable	130.37	71.77	47.29	69.47	33.12	18.24
Other Receivables	-	1	-	1.9	1.9	-
Receivables	130.37	72.77	47.29	71.37	35.02	18.24
Inventory	12.41	10.95	6.67	5.29	1.65	0.95
Prepaid Expenses	12.1	7.29	4.24	0.96	0.72	0.55
Restricted Cash	-	45.61	-	-	-	-
Other Current Assets	-	0.1	3.1	2.17	7.1	1.54
Total Current Assets	261.58	250.98	67.14	88.74	81.07	81.73
Property, Plant & Equipment	1,050	648.73	335.84	302.19	244.27	250.59
Goodwill	106.45	103.99	13	13	13	13
Other Intangible Assets	62.74	71.52	0.7	1.43	2.2	2.98
Long-Term Deferred Tax Assets	78.67	43.57	48.01	55.37	62.94	59.81
Other Long-Term Assets	7.73	4.1	3.6	1.84	2.73	3.78
Total Assets	1,567	1,123	468.3	462.58	406.22	411.9
Accounts Payable	42.64	21.09	12.65	25.93	9.93	6.86
Accrued Expenses	32.67	23.16	19.49	25.25	16.77	11.76
Current Portion of Long-Term Debt	17.88	8.13	-	-	-	-
Current Portion of Leases	3.68	3.91	3.85	2.84	0.75	0.68
Current Unearned Revenue	6.72	4.92	-	-	-	-
Other Current Liabilities	5.65	4.33	1.21	1.88	1.85	0.91
Total Current Liabilities	109.24	65.53	37.2	55.91	29.3	20.21
Long-Term Debt	514.4	307.61	30	8	-	-
Long-Term Leases	9.27	9.24	13.94	9.64	6.77	7.52
Other Long-Term Liabilities	75.19	73.77	71.57	71.9	72.28	68.69
Total Liabilities	708.09	456.15	152.72	145.45	108.35	96.42
Common Stock	0.47	0.36	0.29	0.32	0.31	0.29
Additional Paid-In Capital	511.99	337.6	188.38	202.55	196.91	180.42
Retained Earnings	34.1	17.66	17.31	12.85	5.93	20.55
Total Common Equity	546.55	355.62	205.98	215.72	203.15	201.25
Minority Interest	312.44	311.11	109.6	101.41	94.73	114.23
Shareholders' Equity	859	666.73	315.58	317.13	297.88	315.48
Total Liabilities & Equity	1,567	1,123	468.3	462.58	406.22	411.9
Total Debt	545.22	328.88	47.79	20.48	7.52	8.2
Net Cash (Debt)	-438.52	-214.62	-41.96	-11.53	29.05	52.25
Net Cash Growth	-	-	-	-	-44.40%	-12.21%
Net Cash Per Share	-11.88	-7.34	-1.41	-0.37	0.94	1.81
Filing Date Shares Outstanding	48.8	38.01	29.34	33.55	31.99	30.15
Total Common Shares Outstanding	48.65	38.01	28.97	31.64	31.15	28.94
Working Capital	152.34	185.44	29.94	32.83	51.77	61.53
Book Value Per Share	11.23	9.36	7.11	6.82	6.52	6.95
Tangible Book Value	377.37	180.12	192.28	201.28	187.94	185.27
Tangible Book Value Per Share	7.76	4.74	6.64	6.36	6.03	6.40
Land	0.6	0.6	0.6	0.61	0.61	0.61
Buildings	4.9	4.9	4.9	4.6	4.43	4.34
Machinery	491.56	490.63	480.02	390	319.17	309.63
Construction In Progress	-	-	-	30.11	19.95	12.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.