| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $317.22M | $354.62M | $191.08M | $339.34M | $391.69M |
| Cost of Revenue | $271.77M | $255.81M | $264.29M | $284.37M | $240.91M |
| Gross Profit | $45.45M | $98.81M | $-73.22M | $54.97M | $150.78M |
| Gross Margin % | 14.33% | 27.86% | -38.32% | 16.20% | 38.50% |
| Operating Expenses | |||||
| R&D Expenses | $0.00 | $0.00 | $0.00 | - | - |
| SG&A Expenses | $13.48M | $17.59M | $15.62M | $18.80M | $22.89M |
| Other Operating Expenses | $0.00 | $0.00 | $-4.68M | - | - |
| Total Operating Expenses | $13.48M | $17.59M | $10.94M | $18.80M | $22.89M |
| Operating Performance | |||||
| Operating Income | $31.97M | $81.23M | $-144.46M | $41.87M | $127.89M |
| Operating Margin % | 10.08% | 22.91% | -75.61% | 12.34% | 32.65% |
| EBITDA | $87.70M | $145.06M | $-79.53M | $36.47M | $179.29M |
| EBITDA Margin % | 27.65% | 40.91% | -41.62% | 10.75% | 45.77% |
| Other Income/Expenses | |||||
| Interest Expense | $34.02M | $27.13M | $23.39M | $27.06M | $30.50M |
| Other Income/Expenses Net | $-42.25M | $-31.13M | $-26.81M | $-26.77M | $-29.06M |
| Income Before Tax | $-10.28M | $50.10M | $-171.27M | $15.10M | $98.83M |
| Income Tax Expense | $71.00K | $64.00K | $59.00K | $-289.00K | $120.00K |
| Net Performance | |||||
| Net Income | $-10.35M | $50.03M | $-171.33M | $15.10M | $98.71M |
| Net Margin % | -3.26% | 14.11% | -89.67% | 4.45% | 25.20% |
| EPS | $-0.07 | $0.34 | $-0.73 | $0.07 | $0.47 |
| Diluted EPS | $-0.07 | $0.34 | $-0.73 | $0.07 | $0.47 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $48.85M | $57.85M | $34.74M | $59.58M | $33.36M |
| Short Term Investments | $825.00K | - | - | - | - |
| Net Receivables | $24.58M | $6.35M | $9.37M | $20.47M | $26.29M |
| Inventory | $22.48M | $19.41M | $20.87M | $25.43M | $42.36M |
| Other Current Assets | $32.64M | $15.92M | $42.12M | $28.33M | $6.90M |
| Total Current Assets | $129.37M | $99.52M | $107.11M | $143.51M | $108.91M |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $901.47M | $873.80M | $742.15M | $735.13M | $768.58M |
| Long Term Investments | - | - | - | - | - |
| Tax Assets | - | - | - | - | - |
| Other Non-Current Assets | $57.00K | $1.02M | $1.90M | $2.09M | $1.70M |
| Total Non-Current Assets | $901.53M | $874.83M | $744.04M | $737.22M | $770.29M |
| Total Assets | |||||
| Total Assets | $1.03B | $974.35M | $851.15M | $880.74M | $879.20M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $8.41M | $4.10M | $6.55M | $6.96M | $3.45M |
| Short Term Debt | $23.54M | $22.09M | $37.55M | $39.70M | $31.90M |
| Tax Payables | - | - | - | - | - |
| Deferred Revenue | - | $140.00K | $2.76M | $6.15M | $3.95M |
| Other Current Liabilities | $27.09M | $13.35M | $20.79M | $20.46M | $27.74M |
| Total Current Liabilities | $59.03M | $39.68M | $67.65M | $73.27M | $70.48M |
| Non-Current Liabilities | |||||
| Long Term Debt | $376.30M | $335.35M | $284.56M | $266.34M | $269.70M |
| Other Non-Current Liabilities | $153.00K | $197.00K | $724.00K | $1.15M | $717.00K |
| Total Non-Current Liabilities | $376.45M | $335.54M | $285.28M | $267.49M | $270.41M |
| Total Liabilities | |||||
| Total Liabilities | $435.48M | $375.22M | $352.93M | $340.75M | $340.89M |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.47M | $1.51M | $1.84M | $2.09M | $2.09M |
| Retained Earnings | $-10.35M | - | $-171.33M | $-156.23M | $-57.52M |
| Accumulated Other Comprehensive Income/Loss | $-1.40M | $-1.32M | $-1.58M | $-1.81M | $-2.09M |
| Total Shareholders Equity | $595.42M | $599.13M | $498.22M | $539.98M | $538.30M |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $1.03B | $974.35M | $851.15M | $880.74M | $879.20M |
| Total Debt | $399.84M | $357.44M | $322.11M | $306.04M | $301.60M |
| Net Debt | $350.99M | $299.59M | $287.37M | $246.45M | $268.23M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $-10.35M | $50.03M | $-171.33M | $15.10M | $98.71M |
| Depreciation & Amortization | $63.97M | $67.83M | $68.35M | $50.42M | $51.40M |
| Stock Based Compensation | $156.00K | $285.00K | $339.00K | $476.00K | $2.20M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-1.99M | $18.11M | $-3.03M | $-11.10M | $-5.81M |
| Change in Inventory | $-2.18M | $3.07M | $-1.47M | $-4.56M | $-5.75M |
| Change in Accounts Payable | - | - | - | $230.00K | $-8.48M |
| Other Working Capital Changes | - | - | - | $15.43M | $15.38M |
| Total Working Capital Change | $6.83M | $10.07M | $1.70M | $-15.43M | $-4.67M |
| Other Operating | |||||
| Other Non-Cash Items | $-7.74M | $-17.28M | $56.48M | $-26.44M | $92.13M |
| Net Cash from Operations | $52.86M | $110.94M | $-44.46M | $24.13M | $139.45M |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-2.53M | $-18.08M | $-17.73M | $-95.42M | $-73.67M |
| Purchase of Investments | - | - | - | - | - |
| Sale of Investments | $212.00K | $602.00K | - | - | - |
| Other Investing Activities | - | - | $14.26M | - | - |
| Net Cash from Investing | $-2.32M | $-17.48M | $-3.47M | $-14.34M | $-73.67M |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-335.00M | $-75.53M | $-30.78M | $-105.41M | $-5.89M |
| Stock Repurchases | - | - | - | - | - |
| Dividends Paid | $-14.26M | $-67.24M | $-9.70M | $-22.68M | $-89.78M |
| Other Financing Activities | $293.08M | $28.98M | $-9.06M | $88.00M | $-669.00K |
| Net Cash from Financing | $-38.25M | $-93.08M | $30.51M | $9.01M | $-95.67M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $12.31M | $432.00K | $-17.42M | $18.65M | $-29.94M |
| Cash at Beginning of Period | $49.33M | $61.64M | $62.07M | $44.65M | $63.30M |
| Cash at End of Period | $61.64M | $62.07M | $44.65M | $63.30M | $33.36M |
| Key Metrics | |||||
| Operating Cash Flow | $52.86M | $110.94M | $-44.46M | $24.13M | $139.45M |
| Capital Expenditure | $-2.53M | $-18.08M | $-17.73M | $-95.42M | $-73.67M |
| Free Cash Flow | $50.33M | $92.87M | $-62.19M | $-71.28M | $65.78M |