Financial Statements — NCSM
Balance Sheet
(in millions 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 | 31.32 | 34.46 | 25.30 | 25.37 | 23.00 | 15.33 | 18.61 | 14.00 | 11.40 | 13.75 | 13.63 | 9.88 | 14.93 | 15.53 | 18.44 | 13.90 | 11.96 |
| Accounts Receivable | 33.10 | 35.80 | 36.06 | 34.22 | 38.40 | 36.65 | 24.51 | 33.92 | 30.25 | 22.17 | 29.72 | 34.39 | 20.30 | 28.46 | 22.62 | 17.81 | 22.11 |
| Inventory | 44.54 | 40.78 | 44.10 | 43.51 | 40.76 | 41.20 | 41.56 | 39.24 | 42.04 | 42.79 | 40.57 | 34.12 | 36.97 | 34.49 | 33.67 | 35.04 | 34.58 |
| Total Current Assets | 117.44 | 116.99 | 111.34 | 110.97 | 109.04 | 99.45 | 91.85 | 92.92 | 90.06 | 85.30 | 91.17 | 85.44 | 79.74 | 85.66 | 83.26 | 77.59 | 80.57 |
| Property, Plant & Equipment | 19.57 | 19.27 | 20.03 | 20.47 | 20.48 | 22.66 | 23.15 | 23.14 | 24.39 | 24.11 | 23.68 | 23.36 | 24.03 | 24.35 | 25.59 | 24.16 | 23.90 |
| Goodwill | 16.39 | 16.39 | 16.39 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 | 15.22 |
| Intangible Assets | 5.38 | 5.69 | 6.29 | 3.36 | 3.52 | 3.86 | 4.03 | 4.19 | 4.53 | 4.69 | 4.86 | 5.20 | 5.36 | 5.53 | 5.86 | 6.03 | 6.20 |
| Total Non-current Assets | 60.12 | 57.59 | 50.69 | 47.01 | 46.08 | 46.39 | 47.52 | 48.01 | 51.64 | 52.17 | 50.32 | 51.71 | 52.96 | 52.74 | 55.24 | 54.70 | 53.89 |
| Total Assets | 177.56 | 174.58 | 162.02 | 157.98 | 155.12 | 145.84 | 139.37 | 140.93 | 141.70 | 137.48 | 141.49 | 137.15 | 132.70 | 138.40 | 138.50 | 132.29 | 134.45 |
| Accounts Payable | 12.88 | 10.57 | 7.92 | 10.00 | 11.75 | 7.51 | 7.57 | 8.49 | 9.40 | 7.86 | 7.91 | 8.64 | 7.72 | 8.06 | 5.57 | 6.01 | 5.72 |
| Total Current Liabilities | 27.51 | 21.88 | 25.37 | 23.81 | 23.87 | 22.11 | 19.93 | 19.20 | 19.83 | 18.19 | 17.69 | 20.06 | 17.06 | 16.93 | 17.75 | 15.92 | 14.46 |
| Long-term Debt | 5.20 | 4.91 | 5.11 | 5.46 | 5.37 | 6.53 | 6.83 | 6.44 | 6.54 | 6.40 | 6.56 | 6.39 | 6.28 | 6.19 | 6.58 | 4.58 | 4.30 |
| Total Non-current Liabilities | 9.29 | 8.90 | 9.55 | 10.19 | 10.42 | 9.62 | 10.39 | 10.25 | 53.19 | 55.06 | 28.98 | 11.66 | 11.67 | 11.55 | 12.43 | 10.80 | 9.94 |
| Total Liabilities | 36.81 | 30.78 | 34.91 | 34.00 | 34.28 | 31.73 | 30.33 | 29.45 | 73.02 | 73.25 | 46.67 | 31.72 | 28.73 | 28.48 | 30.18 | 26.71 | 24.40 |
| Retained Earnings | (240.25) | (235.65) | (250.24) | (254.04) | (254.97) | (262.49) | (266.64) | (263.55) | (305.26) | (309.66) | (277.43) | (264.44) | (268.38) | (262.90) | (263.02) | (265.82) | (260.02) |
| Total Stockholder Equity | 120.21 | 124.83 | 110.14 | 106.44 | 103.17 | 96.04 | 91.03 | 93.72 | 50.62 | 45.87 | 76.61 | 87.50 | 86.08 | 92.02 | 90.07 | 87.26 | 91.48 |
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 | 38.36 | 45.64 | 50.63 | 46.54 | 36.45 | 50.01 | 45.00 | 44.01 | 29.69 | 43.86 | 35.25 | 38.28 | 25.39 | 43.55 | 40.19 | 48.87 | 27.46 | 39.11 | 36.12 | 32.41 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 22.36 | 22.57 | 16.93 | 25.01 | 24.11 | 28.39 | 18.52 | 24.20 | 20.19 | 17.64 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.89 | 15.71 | 8.46 | 18.54 | 16.08 | 20.48 | 8.94 | 14.91 | 15.93 | 14.78 |
| Selling, General & Admin | 17.96 | 15.73 | 14.21 | 14.82 | 13.63 | 16.20 | 15.03 | 14.14 | 14.82 | 13.83 | 13.22 | 12.67 | 14.48 | 16.15 | 13.19 | 15.38 | 13.75 | 16.02 | 13.51 | 10.98 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 14.44 | 13.84 | 15.59 | 17.26 | 14.27 | 16.43 | 14.85 | 17.11 | 14.65 | 12.14 |
| Operating Income | (5.60) | 0.85 | 5.22 | 3.06 | (2.03) | 4.29 | 2.94 | 3.04 | (4.15) | 2.50 | (1.55) | 1.87 | (7.13) | 1.28 | 1.81 | 4.05 | (5.91) | (2.20) | 1.28 | 2.64 |
| Pretax Income | (4.40) | 2.58 | 7.33 | 3.69 | 0.67 | 5.13 | 3.11 | 4.67 | (2.57) | 3.04 | 39.90 | 3.58 | (30.73) | (16.10) | 3.27 | 3.84 | (5.96) | (1.75) | 2.21 | 2.42 |
| Tax Provision | (1.37) | 0.83 | (8.31) | (0.55) | (1.03) | 0.67 | (0.61) | (0.04) | 0.27 | 0.49 | 0.06 | (0.54) | 1.35 | (1.10) | 0.97 | (0.12) | (0.48) | (0.02) | 0.22 | (0.81) |
| Net Income | (4.61) | (0.37) | 14.96 | 3.81 | 0.92 | 4.06 | 3.47 | 4.15 | (3.09) | 2.07 | 39.64 | 4.41 | (32.23) | (14.97) | 1.98 | 3.94 | (5.48) | (1.53) | 1.66 | 2.80 |
| Basic EPS | (1.71) | (0.14) | 5.76 | 1.47 | 0.36 | 1.58 | 1.35 | 1.63 | (1.21) | 0.83 | 16.07 | 1.78 | (13.02) | (6.10) | 0.83 | 1.61 | (2.25) | (0.64) | 0.70 | 1.16 |
| Diluted EPS | (1.71) | (0.14) | 5.43 | 1.37 | 0.34 | 1.51 | 1.34 | 1.60 | (1.21) | 0.82 | 16.08 | 1.77 | (13.02) | (6.10) | 0.86 | 1.58 | (2.25) | (0.64) | 0.72 | 1.14 |
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 | (1.92) | 1.28 | 13.13 | 7.17 | 3.52 | (1.64) | 10.64 | (2.02) | 5.98 | (1.88) | 6.22 | (0.40) | 0.51 | (1.55) | 7.61 | (3.84) | 0.90 | (6.10) | 4.86 | 5.63 |
| Capital Expenditures | 0.49 | 0.59 | 0.23 | 0.23 | 0.28 | 0.46 | 0.23 | 0.45 | 0.33 | 0.30 | 0.18 | 0.55 | 0.65 | 0.50 | 0.27 | 0.35 | 0.23 | 0.19 | 0.15 | 0.10 |
| Free Cash Flow* | (2.41) | 0.69 | 12.91 | 6.94 | 3.24 | (2.11) | 10.42 | (2.47) | 5.65 | (2.18) | 6.04 | (0.96) | (0.14) | (2.05) | 7.35 | (4.19) | 0.67 | (6.29) | 4.71 | 5.53 |
| Investing Cash Flow | (0.45) | (0.56) | (0.23) | (5.59) | (0.02) | (0.45) | 1.21 | (0.34) | (0.26) | (0.14) | (0.17) | (0.53) | (0.50) | (0.48) | (0.26) | (0.14) | (0.16) | (0.14) | (0.15) | 0.02 |
| Financing Cash Flow | (0.60) | (2.94) | (1.51) | (1.55) | (1.45) | (0.79) | (1.59) | (1.01) | (1.04) | (0.63) | (0.96) | (1.21) | 0.15 | (0.42) | (0.35) | (0.86) | (1.12) | (0.41) | (0.86) | (0.82) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2018 | Q1
2018 | Q4
2017 | Q3
2017 | Q2
2017 | Q1
2017 |
|---|
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
