Financial Statements — NDLS
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 | 1.30 | 1.44 | 4.69 | 2.26 | 1.40 | 3.31 | 1.81 | 1.33 | 2.53 | 3.14 | 2.06 | 1.84 | 1.79 | 1.60 | 3.15 | 17.32 | 3.12 |
| Accounts Receivable | 4.79 | 4.29 | 4.11 | 3.77 | 4.11 | 4.13 | 3.96 | 4.33 | 4.81 | 4.92 | 4.76 | 5.12 | 3.97 | 4.43 | 3.85 | 4.35 | 3.35 |
| Inventory | 9.31 | 9.58 | 10.41 | 10.65 | 11.11 | 10.44 | 10.42 | 10.19 | 10.31 | 10.20 | 9.94 | 10.05 | 9.93 | 9.72 | 9.71 | 9.53 | 9.41 |
| Total Current Assets | 18.52 | 18.06 | 23.82 | 21.27 | 20.51 | 23.41 | 22.49 | 22.24 | 22.77 | 23.82 | 21.09 | 21.65 | 20.50 | 19.63 | 21.46 | 34.96 | 19.47 |
| Property, Plant & Equipment | 94.40 | 102.50 | 114.48 | 122.94 | 137.58 | 139.77 | 139.99 | 151.32 | 149.44 | 140.05 | 134.72 | 124.43 | 124.03 | 122.32 | 121.59 | 122.40 | 121.72 |
| Goodwill | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 | 7.15 |
| Intangible Assets | 0.40 | 0.41 | 0.43 | 0.47 | 0.50 | 0.50 | 0.52 | 0.53 | 0.57 | 0.58 | 0.60 | 0.62 | 0.64 | 0.65 | 0.72 | 0.73 | 0.75 |
| Total Non-current Assets | 217.25 | 228.26 | 256.75 | 273.31 | 298.94 | 317.13 | 323.80 | 338.14 | 346.06 | 333.75 | 327.96 | 321.60 | 318.09 | 318.14 | 323.04 | 325.19 | 323.71 |
| Total Assets | 235.77 | 246.32 | 280.57 | 294.58 | 319.45 | 340.54 | 346.29 | 360.38 | 368.83 | 357.57 | 349.04 | 343.25 | 338.58 | 337.77 | 344.50 | 360.16 | 343.18 |
| Accounts Payable | 16.59 | 16.36 | 18.79 | 18.84 | 17.14 | 20.04 | 17.90 | 17.58 | 22.07 | 14.54 | 15.52 | 15.60 | 15.28 | 15.31 | 12.44 | 12.59 | 11.46 |
| Total Current Liabilities | 62.97 | 64.35 | 70.65 | 68.37 | 70.11 | 76.22 | 71.33 | 72.51 | 75.59 | 64.54 | 67.97 | 66.46 | 69.97 | 67.61 | 68.31 | 70.76 | 63.12 |
| Long-term Debt | 104.41 | 105.60 | 108.16 | 106.44 | 100.62 | 88.36 | 84.78 | 81.18 | 64.04 | 63.20 | 51.22 | 36.14 | 31.14 | 32.31 | 20.79 | 35.75 | 36.02 |
| Total Non-current Liabilities* | 223.82 | 230.01 | 248.82 | 256.98 | 263.24 | 260.58 | 265.32 | 265.96 | 260.73 | 256.95 | 245.15 | 240.41 | 233.73 | 238.12 | 235.09 | 253.95 | 251.94 |
| Total Liabilities | 286.79 | 294.36 | 319.47 | 325.35 | 333.36 | 336.80 | 336.65 | 338.47 | 336.32 | 321.49 | 313.11 | 306.87 | 303.69 | 305.73 | 303.40 | 324.71 | 315.05 |
| Retained Earnings | (234.39) | (230.44) | (220.22) | (211.07) | (193.51) | (174.76) | (168.01) | (154.38) | (142.11) | (142.81) | (141.50) | (139.36) | (140.16) | (141.50) | (130.34) | (135.03) | (140.72) |
| Total Stockholder Equity | (51.02) | (48.04) | (38.90) | (30.77) | (13.90) | 3.74 | 9.64 | 21.90 | 32.52 | 36.08 | 35.93 | 36.38 | 34.89 | 32.05 | 41.10 | 35.44 | 28.13 |
* 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 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 127.04 | 123.79 | 122.78 | 122.09 | 126.43 | 123.79 | 121.77 | 122.75 | 127.35 | 121.40 | 127.85 | 125.15 | 126.08 | 136.47 | 129.38 | 131.07 | 112.56 | 114.80 | 125.13 | 125.65 |
| Selling, General & Admin | 13.86 | 12.51 | 11.65 | 12.27 | 12.40 | 12.81 | 11.32 | 12.89 | 13.57 | 13.04 | 11.86 | 12.46 | 13.64 | 13.72 | 11.60 | 12.74 | 11.84 | 11.44 | 12.19 | 12.98 |
| Operating Income | (1.54) | (0.81) | (4.11) | (6.32) | (14.78) | (6.39) | (7.36) | (4.80) | (11.52) | (4.10) | 2.03 | (0.28) | (2.23) | 1.84 | 1.53 | 1.88 | (6.07) | (4.35) | 5.32 | 6.21 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 1.60 | 2.08 | 2.00 | 1.98 | 1.19 | 1.05 | 0.96 | 0.78 | 0.74 | 0.49 | 0.44 | 0.37 | 0.59 | 0.50 |
| Pretax Income | (3.93) | (3.41) | (6.79) | (9.15) | (17.53) | (9.03) | (9.69) | (6.88) | (13.51) | (6.07) | 0.85 | (1.33) | (3.19) | 1.05 | 0.79 | 1.39 | (6.51) | (4.72) | 4.73 | 5.71 |
| Tax Provision | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | (0.13) | 0.11 | 0.07 | 0.15 | (0.03) | (0.07) | 0.08 | -0.00 | 0.04 | (0.08) | 0.02 | 0.03 | 0.03 |
| Net Income | (3.95) | (3.42) | (6.81) | (9.15) | (17.55) | (9.06) | (9.69) | (6.75) | (13.62) | (6.14) | 0.70 | (1.30) | (3.11) | 0.98 | 0.80 | 1.35 | (6.43) | (4.74) | 4.70 | 5.68 |
| Basic EPS | (0.67) | (0.58) | (6.58) | (0.20) | (0.38) | (0.20) | (0.21) | (0.15) | (0.30) | (0.14) | 0.02 | (0.03) | (0.07) | 0.02 | 0.02 | 0.03 | (0.14) | (0.10) | 0.10 | 0.12 |
| Diluted EPS | (0.67) | (0.58) | (6.58) | (0.20) | (0.38) | (0.20) | (0.21) | (0.15) | (0.30) | (0.14) | 0.02 | (0.03) | (0.07) | 0.02 | 0.02 | 0.03 | (0.14) | (0.10) | 0.10 | 0.12 |
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 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 3.31 | 6.02 | (1.07) | 5.18 | (0.85) | 4.03 | (9.98) | 5.82 | 4.72 | 7.01 | 16.95 | 3.16 | 7.22 | 1.74 | 1.78 | 12.10 | (6.06) | 6.27 | 6.65 | 19.47 |
| Capital Expenditures | 1.51 | 2.08 | 2.34 | 3.74 | 3.40 | 2.92 | 3.79 | 7.15 | 9.18 | 8.65 | 12.81 | 13.48 | 10.44 | 11.34 | 5.83 | 8.31 | 8.41 | 5.81 | 5.49 | 4.74 |
| Free Cash Flow* | 1.80 | 3.94 | (3.41) | 1.44 | (4.25) | 1.12 | (13.78) | (1.33) | (4.46) | (1.64) | 4.14 | (10.31) | (3.21) | (9.60) | (4.05) | 3.79 | (14.47) | 0.46 | 1.16 | 14.72 |
| Investing Cash Flow | (1.51) | (2.08) | (2.34) | (3.74) | (3.40) | (2.92) | (3.79) | (7.15) | (7.13) | (8.65) | (12.81) | (13.38) | (10.44) | (11.34) | (5.82) | (8.31) | (6.83) | (5.81) | (5.08) | (4.74) |
| Financing Cash Flow | (1.94) | (3.76) | (0.02) | 0.99 | 5.12 | (0.87) | 11.62 | 2.83 | 2.88 | (0.04) | (4.75) | 11.29 | 3.76 | 9.28 | 4.10 | (3.60) | 12.24 | (1.35) | (15.74) | (0.52) |
* Derived from reported values
