Financial Statements — PANL
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 | 105.68 | 89.74 | 94.02 | 59.25 | 63.95 | 93.12 | 77.95 | 95.87 | 87.36 | 84.30 | 129.15 | 117.95 | 102.18 | 69.92 | 49.16 | 40.61 | 42.02 |
| Accounts Receivable | 59.15 | 61.28 | 45.57 | 49.33 | 47.92 | 44.16 | 41.33 | 42.00 | 53.50 | 42.82 | 33.44 | 42.34 | 41.10 | 41.37 | 41.30 | 30.76 | 29.25 |
| Inventory | 51.10 | 40.26 | 36.14 | 38.58 | 36.03 | 26.74 | 28.89 | 22.15 | 26.35 | 27.45 | 26.73 | 30.65 | 52.82 | 39.21 | 24.88 | 23.18 | 15.63 |
| Total Current Assets | 265.94 | 250.79 | 212.62 | 184.01 | 175.90 | 196.24 | 181.35 | 195.56 | 198.48 | 186.93 | 219.76 | 222.69 | 234.16 | 206.67 | 168.18 | 133.13 | 110.64 |
| Property, Plant & Equipment | 667.19 | 674.96 | 683.94 | 694.40 | 705.35 | 514.58 | 464.35 | 469.08 | 479.98 | 486.38 | 461.74 | 465.14 | 469.97 | 474.30 | 439.12 | 388.57 | 278.57 |
| Goodwill | 3.11 | 3.11 | 3.10 | 3.10 | 3.10 | 3.10 | 3.10 | 3.10 | 3.10 | 3.10 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 690.73 | 699.91 | 719.52 | 731.99 | 742.09 | 552.93 | 511.57 | 507.75 | 530.11 | 537.64 | 510.47 | 516.23 | 520.46 | 524.19 | 488.60 | 442.30 | 339.53 |
| Total Assets | 956.68 | 950.70 | 932.15 | 916.00 | 917.99 | 749.17 | 692.92 | 703.31 | 728.59 | 724.57 | 730.23 | 738.91 | 754.62 | 730.86 | 656.78 | 575.43 | 450.17 |
| Total Current Liabilities | 192.18 | 153.59 | 130.93 | 126.01 | 109.00 | 95.91 | 83.97 | 99.34 | 115.29 | 110.70 | 87.12 | 91.10 | 118.89 | 114.24 | 104.87 | 86.49 | 60.93 |
| Long-term Debt | 235.64 | 242.59 | 256.17 | 244.69 | 250.99 | 133.55 | 90.52 | 95.93 | 102.46 | 105.70 | 108.94 | 109.36 | 112.48 | 118.03 | 124.44 | 115.23 | 98.94 |
| Total Non-current Liabilities* | 269.81 | 310.28 | 380.96 | 375.63 | 388.19 | 320.66 | 277.42 | 271.96 | 286.60 | 301.65 | 329.34 | 344.40 | 348.09 | 350.99 | 318.55 | 281.40 | 199.80 |
| Total Liabilities* | 508.05 | 509.64 | 511.88 | 501.64 | 497.19 | 416.58 | 361.39 | 371.30 | 401.88 | 412.35 | 416.46 | 435.50 | 466.98 | 465.23 | 423.42 | 367.89 | 260.73 |
| Retained Earnings | 189.23 | 182.28 | 163.59 | 154.61 | 160.60 | 165.42 | 165.00 | 166.01 | 162.54 | 148.33 | 150.14 | 140.70 | 125.25 | 103.55 | 72.17 | 46.72 | 29.03 |
| Total Stockholder Equity | 448.63 | 441.06 | 420.26 | 414.35 | 420.80 | 332.59 | 331.53 | 332.00 | 326.71 | 312.23 | 313.77 | 303.41 | 287.64 | 265.63 | 233.36 | 207.54 | 189.44 |
* 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 | 187.12 | 170.58 | 183.88 | 168.67 | 156.69 | 122.80 | 147.17 | 153.12 | 131.50 | 104.75 | 131.88 | 135.62 | 118.08 | 113.70 | 127.92 | 184.48 | 195.54 | 191.76 | 234.56 | 213.03 |
| Selling, General & Admin | 8.96 | 10.03 | 6.74 | 9.88 | 7.17 | 7.27 | 6.28 | 6.04 | 5.03 | 7.28 | 5.67 | 5.50 | 5.92 | 5.69 | 3.91 | 5.78 | 5.14 | 5.28 | 4.29 | 4.44 |
| Total Operating Expenses | 165.77 | 160.11 | 166.44 | 151.75 | 153.04 | 119.88 | 132.37 | 138.11 | 123.88 | 93.72 | 121.32 | 115.90 | 110.22 | 107.20 | 109.19 | 153.97 | 159.30 | 171.74 | 203.76 | 187.49 |
| Operating Income | 21.35 | 10.47 | 17.44 | 16.92 | 3.65 | 2.93 | 14.81 | 15.00 | 7.61 | 11.03 | 10.56 | 19.71 | 7.85 | 6.50 | 18.74 | 30.51 | 36.24 | 20.02 | 30.79 | 25.54 |
| Net Income | 10.20 | 13.29 | 11.88 | 12.21 | (2.74) | (1.98) | 8.44 | 5.11 | 3.68 | 11.67 | 1.14 | 18.87 | 2.84 | 3.47 | 15.50 | 18.79 | 25.03 | 20.17 | 15.15 | 27.00 |
| Basic EPS | 0.16 | 0.21 | 0.18 | 0.19 | (0.04) | (0.03) | 0.19 | 0.11 | 0.08 | 0.26 | 0.03 | 0.42 | 0.06 | 0.08 | 0.36 | 0.42 | 0.56 | 0.45 | 0.35 | 0.61 |
| Diluted EPS | 0.16 | 0.21 | 0.18 | 0.19 | (0.04) | (0.03) | 0.19 | 0.11 | 0.08 | 0.25 | 0.02 | 0.42 | 0.06 | 0.08 | 0.33 | 0.42 | 0.56 | 0.45 | 0.34 | 0.60 |
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 | 21.38 | 4.49 | 15.13 | 28.56 | 14.39 | (4.36) | 19.28 | 28.45 | 8.96 | 9.00 | 23.90 | 16.30 | 2.01 | 11.57 | 32.93 | 32.64 | 37.16 | 32.06 | 19.07 | 23.14 |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.07 | (0.09) | 0.03 |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 37.16 | 31.99 | 19.16 | 23.12 |
| Investing Cash Flow | 8.42 | (1.31) | 9.50 | 4.32 | (1.95) | (0.46) | (10.34) | (48.21) | (8.94) | (0.20) | 9.03 | (1.34) | (32.47) | 8.79 | (17.00) | (1.32) | 8.06 | (18.25) | (37.94) | (51.20) |
| Financing Cash Flow | (13.87) | (16.49) | (15.59) | 2.15 | (17.14) | (18.04) | (15.26) | 34.93 | (17.95) | (11.96) | (21.26) | (11.90) | (14.39) | (19.60) | (5.50) | (15.55) | (12.96) | (0.10) | 25.92 | 36.60 |
* Derived from reported values
