Financial Statements — AESI
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 |
|---|
| Accounts Receivable | 0.22 | 0.21 | 0.18 | 0.19 | 0.24 | 0.18 | 0.20 | 0.19 | 0.10 |
| Inventory | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 |
| Total Current Assets | 0.48 | 0.34 | 0.30 | 0.33 | 0.38 | 0.32 | 0.37 | 0.43 | 0.40 |
| Property, Plant & Equipment | 1.54 | 1.56 | 1.56 | 1.55 | 1.55 | 1.45 | 1.40 | 1.29 | 0.83 |
| Goodwill | 0.15 | 0.15 | 0.16 | 0.14 | 0.14 | 0.08 | 0.08 | 0.09 | -- |
| Intangible Assets | 0.16 | 0.17 | 0.18 | 0.19 | 0.20 | 0.11 | 0.11 | 0.11 | -- |
| Total Non-current Assets* | 2.08 | 1.96 | 1.94 | 1.91 | 1.92 | 1.66 | 1.62 | 1.52 | 0.84 |
| Total Assets | 2.56 | 2.30 | 2.23 | 2.25 | 2.29 | 1.97 | 1.98 | 1.94 | 1.24 |
| Accounts Payable | 0.08 | 0.10 | 0.09 | 0.09 | 0.12 | 0.12 | 0.10 | 0.10 | 0.06 |
| Total Current Liabilities | 0.26 | 0.29 | 0.22 | 0.21 | 0.23 | 0.26 | 0.24 | 0.19 | 0.10 |
| Long-term Debt | 0.91 | 0.56 | 0.53 | 0.53 | 0.54 | 0.18 | 0.18 | 0.18 | 0.18 |
| Total Non-current Liabilities* | 1.18 | 0.84 | 0.79 | 0.76 | 0.76 | 0.67 | 0.68 | 0.69 | 0.23 |
| Total Liabilities | 1.44 | 1.13 | 1.01 | 0.98 | 0.99 | 0.93 | 0.92 | 0.88 | 0.33 |
| Retained Earnings | (0.12) | (0.10) | (0.03) | -0.00 | 0.00 | 0.00 | 0.00 | (0.01) | (0.08) |
| Total Stockholder Equity | 1.11 | 1.17 | 1.22 | 1.27 | 1.30 | 1.05 | 1.06 | 1.07 | (0.08) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 |
|---|
| Total Revenue | 293.18 | 265.58 | 249.43 | 259.61 | 288.68 | 297.59 | 271.34 | 304.43 | 287.52 | 192.67 | 141.14 | 157.62 |
| Cost of Revenue* | 267.32 | 259.25 | 229.19 | 235.85 | 236.54 | 243.06 | 221.44 | 251.42 | 227.16 | 123.92 | 78.19 | 77.99 |
| Gross Profit | 25.86 | 6.33 | 20.24 | 23.76 | 52.14 | 54.53 | 49.90 | 53.02 | 60.36 | 68.75 | 62.95 | 79.63 |
| Selling, General & Admin | 39.41 | 35.75 | 33.72 | 36.32 | 34.37 | 34.41 | 24.45 | 25.46 | 27.27 | 29.07 | 13.65 | 14.30 |
| Total Operating Expenses | 48.40 | 38.81 | 35.13 | 42.30 | 22.00 | 39.20 | 19.16 | 37.78 | 32.13 | 29.07 | 13.65 | 14.30 |
| Operating Income | (22.55) | (32.48) | (14.90) | (18.54) | 7.19 | 15.33 | 30.74 | 15.24 | 28.22 | 39.68 | 49.30 | 65.32 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 11.19 | 10.46 | 4.98 | 2.23 | 1.50 |
| Pretax Income | (45.53) | (47.77) | (30.90) | (33.55) | (7.23) | 3.51 | 18.82 | 4.33 | 17.90 | 34.72 | 47.06 | 63.96 |
| Tax Provision | (20.43) | (0.51) | (8.66) | (9.83) | (1.68) | 2.29 | 4.42 | 0.42 | 3.07 | 7.94 | 11.01 | 7.64 |
| Net Income | (25.10) | (47.26) | (22.24) | (23.72) | (5.56) | 1.22 | 14.40 | 3.92 | 14.84 | 26.79 | 35.74 | 29.44 |
| Basic EPS | (0.20) | (0.38) | (0.19) | (0.19) | (0.04) | 0.01 | 0.12 | 0.04 | 0.13 | 0.26 | 0.28 | 0.51 |
| Diluted EPS | (0.20) | (0.38) | (0.19) | (0.19) | (0.04) | 0.01 | 0.12 | 0.04 | 0.13 | 0.26 | 0.27 | 0.51 |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 |
|---|
| Operating Cash Flow | (0.55) | 19.00 | 3.71 | 32.45 | 88.64 | (7.45) | 70.85 | 85.19 | 60.86 | 39.56 | 85.50 | 213.52 |
| Capital Expenditures | 153.83 | 29.28 | 21.81 | 33.81 | 40.27 | 52.39 | 76.43 | 86.28 | 115.79 | 95.49 | 119.79 | 245.69 |
| Free Cash Flow* | (154.38) | (10.28) | (18.10) | (1.36) | 48.37 | (59.84) | (5.58) | (1.09) | (54.93) | (55.92) | (34.29) | (32.17) |
| Investing Cash Flow | (151.52) | (22.61) | (19.59) | (56.46) | (40.27) | (228.50) | (82.92) | (76.28) | (115.79) | (237.72) | (119.79) | (245.69) |
| Financing Cash Flow | 280.51 | 2.77 | 15.17 | (13.44) | (38.24) | 232.92 | 5.14 | (35.00) | (27.46) | 175.10 | (20.07) | 214.70 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2024 | Q3
2023 |
|---|
| Dividends Per Share | 0.15 | 0.35 |
