Financial Statements — MCW
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 0.05 | 0.04 | 0.03 | 0.04 | 0.02 | 0.00 | 0.01 | 0.06 | 0.14 | 0.07 | 0.07 | 0.04 | 0.07 | 0.16 | 0.15 |
| Accounts Receivable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Inventory | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 0.09 | 0.07 | 0.06 | 0.07 | 0.05 | 0.05 | 0.05 | 0.11 | 0.18 | 0.10 | 0.11 | 0.08 | 0.10 | 0.19 | 0.18 |
| Property, Plant & Equipment | 0.93 | 0.92 | 0.88 | 0.84 | 0.87 | 0.82 | 0.77 | 0.66 | 0.60 | 0.60 | 0.51 | 0.52 | 0.49 | 0.30 | 0.28 |
| Goodwill | 1.13 | 1.13 | 1.13 | 1.13 | 1.13 | 1.13 | 1.13 | 1.14 | 1.11 | 1.11 | 1.11 | 1.10 | 1.06 | 0.76 | 0.76 |
| Intangible Assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Non-current Assets* | 3.12 | 3.07 | 3.05 | 3.02 | 2.99 | 2.92 | 2.87 | 2.75 | 2.65 | 2.61 | 2.52 | 2.49 | 2.40 | 1.89 | 1.86 |
| Total Assets | 3.21 | 3.14 | 3.11 | 3.09 | 3.05 | 2.97 | 2.93 | 2.86 | 2.83 | 2.72 | 2.63 | 2.56 | 2.50 | 2.08 | 2.04 |
| Accounts Payable | 0.03 | 0.04 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 |
| Total Current Liabilities | 0.18 | 0.19 | 0.18 | 0.19 | 0.19 | 0.18 | 0.17 | 0.17 | 0.19 | 0.15 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 |
| Long-term Debt | 0.79 | 0.83 | 0.85 | 0.85 | 0.93 | 0.92 | 0.91 | 0.90 | 0.90 | 0.90 | 0.90 | 0.90 | 0.89 | 0.60 | 0.60 |
| Total Non-current Liabilities* | 1.85 | 1.84 | 1.86 | 1.86 | 1.87 | 1.84 | 1.82 | 1.79 | 1.78 | 1.73 | 1.71 | 1.68 | 1.66 | 1.33 | 1.33 |
| Total Liabilities | 2.03 | 2.04 | 2.04 | 2.06 | 2.07 | 2.02 | 2.00 | 1.97 | 1.97 | 1.89 | 1.86 | 1.81 | 1.80 | 1.47 | 1.47 |
| Retained Earnings | 0.30 | 0.25 | 0.22 | 0.19 | 0.16 | 0.13 | 0.11 | 0.08 | 0.06 | 0.04 | -0.00 | (0.03) | (0.06) | (0.13) | (0.16) |
| Total Stockholder Equity | 1.18 | 1.11 | 1.07 | 1.03 | 0.98 | 0.95 | 0.93 | 0.89 | 0.87 | 0.83 | 0.78 | 0.75 | 0.70 | 0.61 | 0.57 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 277.91 | 261.24 | 263.42 | 265.42 | 261.66 | 251.17 | 249.33 | 255.04 | 239.18 | 230.14 | 234.08 | 236.89 | 225.96 | 214.35 | 217.58 | 225.16 | 219.42 | 191.46 | 194.31 | 197.08 |
| Selling, General & Admin | 28.76 | 25.54 | 22.69 | 25.11 | 24.66 | 27.92 | 25.44 | 24.91 | 29.71 | 27.27 | 26.43 | 27.83 | 24.18 | 24.82 | 24.74 | 25.61 | 23.69 | 28.80 | 22.17 | 188.90 |
| Total Operating Expenses | 218.90 | 220.01 | 211.56 | 211.27 | 208.69 | 219.37 | 199.74 | 200.04 | 196.64 | 193.26 | 191.02 | 184.26 | 180.38 | 175.79 | 174.67 | 170.84 | 167.49 | 144.47 | 154.79 | 335.03 |
| Operating Income | 59.01 | 41.24 | 51.85 | 54.15 | 52.97 | 31.80 | 49.59 | 55.00 | 42.55 | 36.88 | 43.06 | 52.63 | 45.58 | 38.56 | 42.91 | 54.32 | 51.93 | 46.99 | 39.52 | (137.95) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | 20.25 | 20.02 | 19.96 | 19.10 | 18.30 | 17.75 | 14.87 | 10.10 | 8.76 | 8.17 | 6.01 | 5.72 | 13.74 |
| Pretax Income | 46.73 | 27.10 | 37.80 | 38.99 | 36.94 | 13.16 | 28.93 | 34.75 | 25.83 | 16.92 | 23.96 | 34.34 | 27.83 | 23.69 | 32.81 | 45.55 | 43.77 | 40.96 | 33.81 | (154.87) |
| Tax Provision | 12.55 | 7.03 | 10.39 | 10.40 | 9.94 | 3.99 | 6.59 | 12.66 | 9.19 | 4.54 | 4.47 | 7.21 | 6.70 | 5.94 | 8.81 | 9.89 | 8.28 | 4.65 | 6.44 | (44.57) |
| Net Income | 34.18 | 20.07 | 27.41 | 28.60 | 27.00 | 9.17 | 22.34 | 22.09 | 16.64 | 12.38 | 19.49 | 27.13 | 21.14 | 17.76 | 24.00 | 35.66 | 35.49 | 36.31 | 27.37 | (110.30) |
| Basic EPS | 0.10 | 0.07 | 0.08 | 0.09 | 0.08 | 0.03 | 0.07 | 0.07 | 0.05 | 0.04 | 0.06 | 0.09 | 0.07 | 0.05 | 0.08 | 0.12 | 0.12 | 0.13 | 0.09 | (0.42) |
| Diluted EPS | 0.10 | 0.06 | 0.08 | 0.09 | 0.08 | 0.02 | 0.07 | 0.07 | 0.05 | 0.04 | 0.06 | 0.08 | 0.06 | 0.05 | 0.07 | 0.11 | 0.11 | 0.13 | 0.08 | (0.42) |
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 79.66 | 59.97 | 91.36 | 46.83 | 87.55 | 49.78 | 79.96 | 60.89 | 57.99 | 39.17 | 48.36 | 50.11 | 67.02 | 43.75 | 50.84 | 53.07 | 81.54 | 20.05 | 33.63 | 119.68 |
| Capital Expenditures | 46.69 | 76.75 | 65.54 | 58.03 | 55.08 | 70.18 | 96.80 | 81.25 | 81.84 | 109.43 | 90.82 | 55.81 | 72.06 | 59.60 | 55.62 | 46.38 | 30.02 | 39.43 | 42.14 | 44.19 |
| Free Cash Flow* | 32.97 | (16.77) | 25.81 | (11.20) | 32.47 | (20.40) | (16.84) | (20.36) | (23.85) | (70.26) | (42.46) | (5.70) | (5.04) | (15.85) | (4.78) | 6.69 | 51.53 | (19.39) | (8.50) | 75.48 |
| Investing Cash Flow | (46.50) | (35.04) | (60.47) | (56.37) | (54.96) | 23.61 | (78.82) | (67.70) | (76.94) | (85.71) | (123.42) | 12.93 | (63.16) | (56.35) | (14.02) | (89.75) | (30.01) | (453.37) | (23.81) | (66.64) |
| Financing Cash Flow | (6.84) | (32.18) | (21.74) | (3.12) | (60.91) | (22.40) | 11.74 | (0.26) | 10.65 | 3.43 | 1.06 | 3.23 | 0.89 | 2.87 | 0.36 | 4.01 | (0.95) | 290.68 | (5.66) | (12.56) |
* Derived from reported values
