Financial Statements — NL
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 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 106.99 | 101.91 | 101.92 | 111.47 | 110.00 | 145.96 | 167.45 | 138.26 | 65.84 | 58.52 | 48.15 | 127.95 | 151.25 | 142.20 | 145.27 | 134.83 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | 11.93 | 29.66 | 80.22 | 95.72 | 95.69 | -- | -- | -- | -- | -- |
| Inventory | 31.76 | 30.07 | 30.95 | 32.90 | 29.16 | 28.01 | 27.36 | 27.54 | 34.28 | 33.77 | 30.24 | 33.34 | 33.30 | 23.54 | 19.95 | 18.15 |
| Total Current Assets | 163.63 | 155.86 | 174.30 | 183.69 | 179.62 | 225.58 | 227.36 | 218.30 | 206.12 | 208.37 | 198.64 | 186.01 | 208.96 | 186.72 | 186.63 | 175.10 |
| Property, Plant & Equipment | 23.48 | 23.45 | 23.98 | 23.90 | 23.55 | 24.26 | 24.74 | 25.18 | 26.22 | 27.12 | 27.91 | 29.06 | 29.46 | 28.54 | 28.71 | 28.46 |
| Goodwill | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 | 27.16 |
| Total Non-current Assets* | 306.95 | 305.33 | 325.90 | 340.02 | 340.41 | 360.07 | 352.67 | 350.51 | 364.37 | 378.05 | 395.33 | 397.40 | 431.44 | 386.33 | 388.72 | 383.98 |
| Total Assets | 470.57 | 461.19 | 500.20 | 523.70 | 520.03 | 585.65 | 580.03 | 568.82 | 570.48 | 586.42 | 593.97 | 583.41 | 640.41 | 573.04 | 575.35 | 559.08 |
| Accounts Payable | 3.95 | 3.24 | 3.25 | 4.12 | 3.97 | 3.29 | 3.79 | 3.07 | 3.99 | 5.22 | 3.93 | 5.17 | 6.42 | 4.50 | 3.75 | 3.06 |
| Total Current Liabilities | 18.13 | 14.63 | 35.17 | 33.98 | 30.94 | 33.57 | 29.56 | 24.60 | 30.02 | 29.34 | 26.72 | 32.03 | 31.50 | 30.13 | 27.54 | 24.88 |
| Total Non-current Liabilities | 70.60 | 68.93 | 71.76 | 72.71 | 72.26 | 147.15 | 155.25 | 154.13 | 154.76 | 168.31 | 175.98 | 167.84 | 187.93 | 177.53 | 189.23 | 187.38 |
| Total Liabilities* | 107.54 | 101.86 | 124.83 | 126.12 | 122.38 | 199.61 | 206.93 | 200.69 | 206.25 | 218.76 | 223.68 | 220.24 | 242.36 | 230.15 | 239.05 | 234.24 |
| Retained Earnings | 252.90 | 248.84 | 284.75 | 307.28 | 311.33 | 302.42 | 291.32 | 287.40 | 280.30 | 283.78 | 290.31 | 309.92 | 339.33 | 285.36 | 277.97 | 268.21 |
| Total Stockholder Equity | 363.03 | 359.33 | 375.38 | 397.58 | 397.64 | 386.04 | 373.09 | 368.13 | 364.24 | 367.66 | 370.29 | 363.17 | 398.04 | 342.90 | 336.30 | 324.84 |
* 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 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Total Revenue | 43.61 | 40.57 | 37.70 | 39.95 | 40.37 | 40.27 | 38.42 | 33.67 | 35.89 | 37.97 | 43.17 | 40.35 | 36.62 | 41.15 | 39.97 | 42.86 | 41.68 | 34.08 | 34.56 | 36.25 |
| Cost of Revenue | 28.08 | 27.32 | 25.60 | 28.92 | 27.48 | 28.11 | 27.35 | 24.20 | 24.72 | 28.30 | 29.54 | 27.74 | 26.34 | 28.45 | 28.82 | 30.93 | 28.05 | 24.60 | 23.63 | 24.95 |
| Gross Profit | 15.54 | 13.25 | 12.10 | 11.03 | 12.89 | 12.16 | 11.06 | 9.47 | 11.17 | 9.67 | 13.62 | 12.62 | 10.27 | 12.70 | 11.15 | 11.94 | 13.63 | 9.49 | 10.92 | 11.31 |
| Selling, General & Admin | 6.62 | 6.20 | 6.44 | 6.27 | 6.57 | 6.29 | 6.19 | 2.41 | 4.29 | 2.36 | 2.65 | 2.86 | 2.95 | 2.84 | 3.03 | 2.70 | 3.54 | 2.52 | 2.87 | 2.88 |
| Total Operating Expenses | 9.40 | 9.15 | 9.22 | 9.18 | 10.09 | 9.02 | (22.63) | 7.43 | 10.37 | 8.31 | 8.79 | 8.94 | 8.85 | 8.51 | 8.71 | 8.72 | 9.42 | 8.14 | 8.64 | 8.42 |
| Operating Income | 6.13 | 4.11 | 2.88 | 1.85 | 2.80 | 3.15 | 33.69 | 2.04 | 0.79 | 1.36 | 4.83 | 3.68 | 1.42 | 4.20 | 2.44 | 3.22 | 4.21 | 1.35 | 2.28 | 2.89 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.15 | 0.14 | 0.15 | 0.20 | 0.20 | 0.20 | 0.20 | 0.25 | 0.25 | 0.25 | 0.30 | 0.30 |
| Pretax Income | 12.35 | 6.57 | (45.51) | (8.22) | 1.01 | 1.30 | 20.38 | 44.88 | 9.76 | 8.30 | 8.29 | (0.30) | (9.89) | (4.52) | (6.23) | (13.93) | 37.49 | 17.35 | 11.91 | 15.21 |
| Tax Provision | 2.46 | 1.47 | (15.13) | (0.85) | (0.04) | (0.02) | 3.26 | 8.51 | 1.30 | 0.99 | (0.16) | (0.96) | (7.30) | 1.42 | (0.78) | (5.58) | 6.44 | 2.02 | 1.05 | 1.90 |
| Net Income | 8.95 | 4.34 | (30.98) | (7.87) | 0.36 | 0.67 | 16.54 | 36.01 | 7.84 | 6.84 | 7.59 | (0.07) | (3.11) | (6.72) | (6.06) | (8.90) | 30.25 | 14.92 | 10.31 | 12.70 |
| Basic EPS | 0.18 | 0.09 | (0.63) | (0.16) | 0.01 | 0.01 | 0.34 | 0.74 | 0.16 | 0.14 | 0.15 | 0.00 | (0.06) | (0.14) | (0.13) | (0.18) | 0.62 | -- | -- | -- |
| Diluted EPS | 0.27 | 0.09 | (0.63) | (0.16) | 0.01 | 0.01 | 0.34 | 0.74 | 0.16 | 0.14 | (0.81) | 0.00 | (0.06) | 0.82 | (0.13) | (0.18) | 0.62 | -- | -- | -- |
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 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 10.97 | (3.54) | (4.15) | 7.94 | 7.29 | (47.47) | 8.98 | (5.68) | 15.53 | 6.74 | 21.54 | (5.46) | 13.65 | 7.28 | 14.20 | 12.73 | 3.00 | 7.35 | (3.35) | 11.54 |
| Capital Expenditures | 1.12 | 0.40 | 0.60 | 0.98 | 1.34 | 0.82 | 0.24 | 0.46 | 0.43 | 0.31 | 0.57 | 0.09 | 0.21 | 0.27 | 0.69 | 3.01 | 1.72 | 1.83 | 0.67 | 1.03 |
| Free Cash Flow* | 9.85 | (3.95) | (4.75) | 6.95 | 5.94 | (48.30) | 8.74 | (6.15) | 15.11 | 6.44 | 20.97 | (5.55) | 13.44 | 7.01 | 13.51 | 9.73 | 1.28 | 5.52 | (4.02) | 10.51 |
| Investing Cash Flow | (0.52) | 0.20 | (0.50) | (0.18) | (0.94) | (0.81) | 3.36 | 12.84 | 18.18 | 24.50 | 28.83 | 16.71 | 0.65 | (24.09) | (69.14) | 1.27 | (1.12) | 1.27 | 3.53 | 2.17 |
| Financing Cash Flow | (5.36) | (5.36) | (4.87) | (16.70) | (4.87) | (4.86) | (4.38) | (28.51) | (4.38) | (4.37) | (3.81) | (3.81) | (3.81) | (3.80) | (3.79) | (33.01) | (3.82) | (3.81) | (3.26) | (3.26) |
* Derived from reported values
Dividends Per Share
(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 | Q3
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Dividends Per Share | 0.10 | 0.10 | 0.09 | 0.30 | 0.09 | 0.09 | 0.08 | 0.51 | 0.08 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 | 0.42 | 0.07 | (5.88) | 0.06 | 6.00 | 0.06 |
