Financial Statements — TTI
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 | 154.58 | 35.47 | 67.15 | 68.75 | 41.00 | 48.36 | 37.71 | 35.94 | 33.83 | 27.68 | 16.68 | 25.25 | 36.33 | 32.85 | 41.86 | 50.31 | 54.16 |
| Accounts Receivable | 114.37 | 115.77 | 116.38 | 110.30 | 120.90 | 110.05 | 140.81 | 132.43 | 122.90 | 130.39 | 117.60 | 105.66 | 104.06 | 103.46 | 79.12 | 79.47 | 62.41 |
| Inventory | 117.06 | 119.97 | 105.86 | 108.54 | 106.49 | 97.70 | 82.78 | 94.29 | 92.13 | 81.83 | 83.94 | 71.56 | 62.60 | 64.65 | 72.29 | 70.07 | 74.46 |
| Total Current Assets | 410.97 | 297.17 | 313.88 | 311.63 | 291.05 | 278.53 | 289.62 | 287.56 | 270.43 | 260.95 | 236.82 | 224.29 | 223.70 | 217.25 | 209.39 | 215.80 | 205.39 |
| Property, Plant & Equipment | 230.17 | 203.22 | 173.20 | 162.39 | 149.28 | 129.26 | 121.58 | 113.37 | 106.08 | 109.49 | 105.25 | 95.03 | 94.72 | 89.39 | 87.35 | 91.42 | 92.56 |
| Intangible Assets | 19.74 | 20.60 | 22.34 | 23.24 | 24.07 | 26.03 | 27.03 | 28.07 | 30.13 | 31.10 | 32.01 | 33.67 | 34.75 | 35.85 | 38.07 | 39.24 | 40.34 |
| Total Non-current Assets* | 389.14 | 365.18 | 341.29 | 333.94 | 323.03 | 222.63 | 210.10 | 203.76 | 201.99 | 209.04 | 198.77 | 189.19 | 192.92 | 189.52 | 201.85 | 201.01 | 201.79 |
| Total Assets | 800.11 | 662.35 | 655.17 | 645.58 | 614.09 | 501.16 | 499.73 | 491.33 | 472.42 | 469.99 | 435.58 | 413.49 | 416.61 | 406.77 | 411.24 | 416.81 | 407.18 |
| Total Current Liabilities | 167.28 | 147.11 | 133.29 | 126.34 | 114.37 | 119.41 | 120.34 | 117.93 | 126.54 | 125.83 | 111.45 | 111.50 | 109.57 | 97.04 | 92.58 | 95.71 | 83.23 |
| Long-term Debt | 190.00 | 190.00 | 180.92 | 180.50 | 180.10 | 179.71 | 179.67 | 179.39 | 156.75 | 156.01 | 160.51 | 153.87 | 153.19 | 152.53 | 164.23 | 163.60 | 163.00 |
| Total Non-current Liabilities | 226.31 | 229.62 | 226.46 | 229.62 | 227.97 | 226.33 | 225.81 | 227.25 | 204.74 | 207.10 | 207.98 | 200.23 | 201.51 | 202.83 | 218.58 | 222.04 | 221.49 |
| Total Liabilities* | 392.32 | 375.46 | 358.49 | 354.70 | 341.08 | 344.49 | 344.89 | 343.92 | 330.03 | 331.68 | 318.20 | 310.52 | 309.90 | 298.71 | 310.05 | 316.65 | 303.77 |
| Retained Earnings | (146.86) | (157.10) | (148.92) | (153.07) | (164.38) | (271.15) | (268.15) | (275.79) | (272.82) | (278.24) | (296.45) | (300.59) | (300.87) | (302.61) | (309.19) | (311.70) | (304.95) |
| Total Stockholder Equity | 407.80 | 286.88 | 296.69 | 290.88 | 273.00 | 156.67 | 154.84 | 147.40 | 142.39 | 138.31 | 117.39 | 102.97 | 106.72 | 108.05 | 101.19 | 100.16 | 103.41 |
* 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 | 185.66 | 156.25 | 146.68 | 153.24 | 173.87 | 157.14 | 134.50 | 141.70 | 171.94 | 150.97 | 153.13 | 151.46 | 175.46 | 146.21 | 147.45 | 135.01 | 140.72 | 130.04 | 113.15 | 95.47 |
| Cost of Revenue* | 130.34 | 108.85 | 105.43 | 107.38 | 116.35 | 104.57 | 94.02 | 107.34 | 128.68 | 119.87 | 122.88 | 113.54 | 126.31 | 109.89 | 116.34 | 105.54 | 112.61 | 97.62 | 93.96 | 79.73 |
| Gross Profit | 45.71 | 38.23 | 28.43 | 36.37 | 48.24 | 42.91 | 31.14 | 34.36 | 43.25 | 31.10 | 30.24 | 37.92 | 49.16 | 36.32 | 31.11 | 29.47 | 28.11 | 32.42 | 19.19 | 15.75 |
| Selling, General & Admin | 25.58 | 25.41 | 25.93 | 25.24 | 25.26 | 24.13 | 23.13 | 22.41 | 22.14 | 22.30 | 23.34 | 23.84 | 26.23 | 23.19 | 23.85 | 23.83 | 23.62 | 20.64 | 18.97 | 18.71 |
| Total Operating Expenses | 25.58 | 25.41 | 25.93 | 25.24 | 25.26 | 24.13 | 23.13 | 66.84 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | 20.13 | 12.82 | 2.50 | 11.13 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest Expense | 3.27 | 3.24 | -- | 4.45 | 4.19 | 4.72 | -- | 5.10 | 6.19 | 5.95 | 6.26 | 5.64 | 5.94 | 5.09 | 5.89 | 4.00 | 3.61 | 3.32 | 4.18 | 4.08 |
| Pretax Income | 15.85 | 11.59 | (6.12) | 8.11 | 19.44 | 5.09 | 7.39 | 7.58 | 12.48 | 1.30 | (3.63) | 6.72 | 21.08 | 7.53 | (1.16) | 2.12 | 1.28 | 8.93 | (0.76) | 3.08 |
| Tax Provision | 5.62 | 3.27 | 9.17 | 3.95 | 8.13 | 1.04 | (94.84) | 4.74 | 4.84 | 0.38 | 0.61 | 1.25 | 2.88 | 1.49 | 0.67 | 2.18 | (0.48) | 1.20 | (0.05) | 0.59 |
| Net Income | 10.24 | 8.32 | (16.50) | 4.15 | 11.31 | 4.05 | 102.72 | (3.00) | 7.64 | 0.92 | (3.89) | 5.42 | 18.22 | 6.04 | (1.90) | 0.28 | 1.75 | 7.72 | (1.14) | 2.51 |
| Basic EPS | 0.07 | 0.06 | (0.12) | 0.03 | 0.08 | 0.03 | 0.78 | (0.02) | 0.06 | 0.01 | (0.03) | 0.04 | 0.14 | 0.05 | (0.01) | 0.00 | 0.01 | 0.06 | (0.01) | 0.02 |
| Diluted EPS | 0.07 | 0.06 | (0.12) | 0.03 | 0.08 | 0.03 | 0.77 | (0.02) | 0.06 | 0.01 | (0.03) | 0.04 | 0.14 | 0.05 | (0.01) | 0.00 | 0.01 | 0.06 | (0.01) | 0.02 |
* Derived from reported values
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 | 34.39 | (11.86) | 31.73 | 16.37 | 48.33 | 3.94 | 5.64 | 19.87 | 24.83 | (13.82) | 18.88 | 13.97 | 28.37 | 8.99 | (6.99) | 2.15 | 17.87 | 5.93 | (5.77) | 2.82 |
| Capital Expenditures | 23.32 | 19.02 | 27.64 | 15.74 | 19.49 | 17.96 | 14.89 | 14.57 | 15.39 | 15.83 | 7.91 | 6.97 | 10.49 | 12.78 | 7.38 | 12.27 | 11.11 | 9.31 | 5.91 | 2.13 |
| Free Cash Flow* | 11.07 | (30.87) | 4.09 | 0.63 | 28.85 | (14.02) | (9.25) | 5.30 | 9.44 | (29.64) | 10.96 | 7.01 | 17.88 | (3.80) | (14.37) | (10.12) | 6.76 | (3.37) | (11.68) | 0.69 |
| Investing Cash Flow | (23.45) | (18.73) | (27.35) | (15.75) | (19.62) | 1.35 | (14.61) | (13.40) | (15.29) | (15.75) | 1.89 | (6.91) | (10.81) | (11.20) | (8.22) | (12.36) | (10.33) | (5.59) | 6.99 | (1.71) |
| Financing Cash Flow | 108.48 | (6.72) | 1.18 | (1.97) | (2.49) | (2.09) | (1.13) | (0.98) | (2.37) | 13.35 | (2.77) | (0.14) | (6.89) | 5.14 | 2.81 | 0.00 | (3.50) | 0.72 | (11.40) | (8.88) |
* Derived from reported values