Financial Statements — METCI
Balance Sheet
(in billions USD)| Metric | Q2
2026 | 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 | Q1
2021 |
|---|
| Cash & Equivalents | 0.28 | 0.36 | 0.19 | 0.03 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.03 | 0.04 | 0.05 | 0.04 | 0.07 | 0.05 | 0.02 | 0.01 |
| Accounts Receivable | 0.06 | 0.07 | 0.04 | 0.06 | 0.05 | 0.06 | 0.07 | 0.10 | 0.06 | 0.06 | 0.07 | 0.05 | 0.05 | 0.05 | 0.04 | 0.01 | 0.02 |
| Inventory | 0.10 | 0.11 | 0.08 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.05 | 0.07 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 | 0.02 |
| Total Current Assets | 0.46 | 0.54 | 0.33 | 0.15 | 0.16 | 0.15 | 0.16 | 0.18 | 0.17 | 0.18 | 0.18 | 0.14 | 0.13 | 0.14 | 0.10 | 0.06 | 0.06 |
| Property, Plant & Equipment | 0.53 | 0.52 | 0.49 | 0.49 | 0.49 | 0.48 | 0.47 | 0.47 | 0.46 | 0.46 | 0.44 | 0.40 | 0.34 | 0.25 | 0.18 | 0.18 | 0.18 |
| Total Non-current Assets* | 0.56 | 0.55 | 0.52 | 0.52 | 0.52 | 0.50 | 0.50 | 0.49 | 0.48 | 0.48 | 0.46 | 0.42 | 0.36 | 0.26 | 0.20 | 0.19 | 0.18 |
| Total Assets | 1.02 | 1.09 | 0.85 | 0.67 | 0.69 | 0.65 | 0.66 | 0.67 | 0.65 | 0.66 | 0.64 | 0.56 | 0.49 | 0.41 | 0.30 | 0.25 | 0.24 |
| Accounts Payable | 0.05 | 0.06 | 0.04 | 0.06 | 0.06 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 |
| Total Current Liabilities | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.11 | 0.12 | 0.15 | 0.14 | 0.14 | 0.15 | 0.15 | 0.11 | 0.08 | 0.05 | 0.04 | 0.03 |
| Long-term Debt | -- | -- | 0.12 | -- | -- | 0.04 | 0.04 | 0.02 | 0.03 | 0.06 | 0.05 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
| Total Non-current Liabilities* | 0.54 | 0.54 | 0.21 | 0.21 | 0.21 | 0.17 | 0.17 | 0.15 | 0.15 | 0.18 | 0.15 | 0.11 | 0.10 | 0.08 | 0.06 | 0.02 | 0.03 |
| Total Liabilities | 0.65 | 0.65 | 0.32 | 0.33 | 0.33 | 0.28 | 0.29 | 0.30 | 0.29 | 0.32 | 0.30 | 0.26 | 0.21 | 0.15 | 0.11 | 0.06 | 0.07 |
| Retained Earnings | (0.03) | (0.02) | 0.02 | 0.03 | 0.05 | 0.08 | 0.09 | 0.09 | 0.08 | 0.06 | 0.16 | 0.13 | 0.11 | 0.09 | 0.03 | 0.02 | 0.01 |
| Total Stockholder Equity | 0.38 | 0.44 | 0.53 | 0.35 | 0.36 | 0.36 | 0.37 | 0.37 | 0.35 | 0.34 | 0.34 | 0.30 | 0.28 | 0.25 | 0.19 | 0.19 | 0.17 |
* 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 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 144.80 | 121.61 | 128.01 | 121.00 | 152.96 | 134.66 | 170.89 | 167.41 | 155.32 | 172.68 | 202.73 | 186.97 | 137.47 | 166.36 | 135.23 | 136.93 | 138.66 | 154.88 | 87.51 | 76.38 |
| Cost of Revenue | 128.18 | 108.51 | 103.23 | 101.84 | 134.18 | 114.13 | 136.08 | 134.73 | 122.77 | 139.71 | 139.41 | 144.64 | 99.20 | 110.55 | 95.43 | 79.63 | 76.64 | 81.25 | 51.64 | 54.81 |
| Gross Profit | 16.62 | 13.10 | 24.77 | 19.15 | 18.78 | 20.52 | 34.81 | 32.68 | 32.55 | 32.96 | 63.32 | 42.33 | 38.27 | 55.81 | 39.80 | 57.29 | 62.01 | 73.63 | 35.86 | 21.57 |
| Selling, General & Admin | 17.58 | 20.29 | 23.44 | 16.14 | 15.18 | 14.60 | 11.35 | 12.92 | 10.90 | 14.11 | 11.31 | 11.46 | 14.32 | 11.74 | 10.75 | 8.67 | 8.79 | 11.82 | 5.86 | 5.90 |
| Total Operating Expenses | 34.87 | 37.40 | 40.38 | 33.64 | 32.62 | 32.55 | 28.46 | 31.09 | 27.13 | 29.69 | 26.07 | 26.25 | 28.22 | 23.94 | 21.68 | 20.60 | 19.32 | 20.74 | 13.36 | 12.80 |
| Operating Income | (18.25) | (24.30) | (15.61) | (14.48) | (13.84) | (12.02) | 6.35 | 1.59 | 5.42 | 3.28 | 37.25 | 16.08 | 10.05 | 31.87 | 18.12 | 36.69 | 42.69 | 52.89 | 22.50 | 8.77 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.13 | 1.14 | 0.93 |
| Pretax Income | (19.58) | (24.15) | (15.78) | (16.61) | (16.00) | (13.75) | 6.07 | (0.18) | 6.46 | 2.57 | 38.87 | 24.97 | 10.02 | 30.81 | 17.47 | 33.50 | 43.10 | 52.13 | 21.64 | 8.62 |
| Tax Provision | (4.16) | (5.83) | (1.07) | (3.30) | (2.03) | (4.29) | 2.21 | 0.06 | 0.92 | 0.54 | 8.83 | 5.51 | 2.47 | 5.55 | 3.08 | 6.60 | 9.82 | 10.66 | 3.00 | 1.59 |
| Net Income | (15.41) | (18.32) | (14.71) | (13.31) | (13.97) | (9.46) | 3.86 | (0.24) | 5.54 | 2.03 | 30.04 | 19.46 | 7.56 | 25.26 | 14.39 | 26.91 | 33.28 | 41.47 | 18.64 | 7.04 |
| Basic EPS | -- | -- | -- | -- | -- | -- | 0.06 | (0.03) | 0.08 | 0.00 | 0.62 | 0.41 | 0.17 | 0.57 | 0.33 | 0.61 | 0.75 | 0.94 | 0.41 | 0.16 |
| Diluted EPS | -- | -- | -- | -- | -- | -- | 0.06 | (0.03) | 0.08 | 0.00 | 0.59 | 0.40 | 0.17 | 0.57 | 0.34 | 0.60 | 0.74 | 0.92 | 0.41 | 0.16 |
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 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 12.17 | (34.60) | (18.37) | (1.44) | (4.26) | 26.04 | 15.68 | 37.38 | 34.41 | 25.19 | 41.56 | 69.90 | 28.22 | 21.36 | 29.07 | 49.50 | 31.93 | 77.37 | 15.58 | 4.84 |
| Capital Expenditures | 27.14 | 17.50 | 12.64 | 16.10 | 15.57 | 3.00 | 9.60 | 12.80 | 32.83 | 18.73 | 17.98 | 16.91 | 24.47 | 23.55 | 31.63 | 37.58 | 34.07 | 19.74 | 11.82 | 9.09 |
| Free Cash Flow* | (14.96) | (52.10) | (31.01) | (17.54) | (19.83) | 23.04 | 6.08 | 24.58 | 1.58 | 6.46 | 23.58 | 52.99 | 3.75 | (2.18) | (2.56) | 11.92 | (2.13) | 57.63 | 3.76 | (4.26) |
| Investing Cash Flow | (27.36) | (17.02) | (27.52) | (19.79) | (14.10) | (22.26) | (12.73) | (18.12) | (21.32) | (18.66) | (14.44) | (13.93) | (21.47) | (22.36) | (33.87) | (48.29) | (43.80) | (19.74) | (41.97) | (9.09) |
| Financing Cash Flow | (57.48) | (33.52) | 292.40 | 186.95 | 3.02 | 6.67 | 7.19 | (23.97) | (16.03) | (17.98) | (28.12) | (46.92) | (9.48) | 2.01 | (6.63) | 1.95 | (15.89) | (7.92) | 1.52 | 31.76 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2025 | Q3
2023 | Q2
2023 | Q1
2023 |
|---|
| Dividends Per Share | 0.19 | 0.11 | 0.11 | 0.13 |
