Financial Statements — VMD
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 | 10.68 | 9.76 | 11.12 | 20.02 | 10.16 | 11.35 | 8.81 | 7.31 | 10.08 | 10.22 | 23.54 | 21.48 | 21.92 | 29.25 | 26.87 | 31.15 | 31.10 |
| Accounts Receivable | 32.23 | 31.18 | 27.41 | 26.55 | 26.79 | 27.05 | 27.06 | 24.48 | 17.93 | 17.89 | 16.32 | 14.98 | 14.29 | 13.60 | 12.70 | 12.13 | 13.28 |
| Inventory | 5.27 | 5.18 | 5.27 | 4.32 | 4.51 | 4.31 | 4.42 | 4.35 | 4.67 | 4.48 | 3.45 | 3.18 | 2.85 | 2.50 | 2.62 | 2.56 | 2.22 |
| Total Current Assets | 53.97 | 49.81 | 49.98 | 55.29 | 49.12 | 47.70 | 44.98 | 38.62 | 35.86 | 35.95 | 46.71 | 42.86 | 41.86 | 47.80 | 47.37 | 47.05 | 48.27 |
| Property, Plant & Equipment | 77.16 | 76.01 | 80.51 | 79.74 | 81.05 | 74.40 | 74.70 | 73.51 | 73.42 | 72.88 | 68.44 | 68.11 | 66.69 | 63.98 | 59.04 | 54.35 | 54.00 |
| Goodwill | 58.94 | 58.94 | 58.46 | 32.99 | 32.99 | 32.99 | 32.99 | 29.77 | 29.70 | 29.76 | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 1.16 | 1.22 | 1.35 | 0.78 | 0.82 | 0.88 | 0.91 | 0.53 | 0.69 | 0.69 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets | 150.26 | 147.55 | 152.38 | 129.31 | 128.96 | 121.83 | 118.97 | 116.26 | 113.54 | 113.17 | 77.93 | 76.56 | 74.05 | 71.20 | 68.12 | 63.97 | 64.73 |
| Total Assets | 204.22 | 197.36 | 202.36 | 184.60 | 178.08 | 169.53 | 163.95 | 154.88 | 149.40 | 149.12 | 124.63 | 119.42 | 115.90 | 119.01 | 115.49 | 111.01 | 113.00 |
| Total Current Liabilities | 47.89 | 40.71 | 44.19 | 37.27 | 35.49 | 36.44 | 31.48 | 30.12 | 31.55 | 31.58 | 23.42 | 20.56 | 17.86 | 17.73 | 20.20 | 18.32 | 21.86 |
| Long-term Debt | 6.37 | 8.33 | 19.59 | 3.47 | 3.53 | 3.65 | 8.72 | 5.91 | 8.10 | 12.11 | -- | 4.16 | 4.23 | 4.27 | 4.35 | 4.85 | 5.32 |
| Total Non-current Liabilities | 10.37 | 10.86 | 22.68 | 5.71 | 5.84 | 6.29 | 11.29 | 8.49 | 9.03 | 13.04 | 1.17 | 4.95 | 4.82 | 5.23 | 5.91 | 6.43 | 7.73 |
| Total Liabilities | 58.26 | 51.57 | 66.86 | 42.98 | 41.33 | 42.73 | 42.77 | 38.60 | 40.59 | 44.61 | 24.59 | 25.51 | 22.68 | 22.96 | 26.11 | 24.75 | 29.58 |
| Retained Earnings | 108.24 | 105.47 | 97.25 | 93.84 | 90.73 | 85.38 | 81.59 | 80.14 | 76.02 | 73.17 | 70.86 | 68.12 | 68.94 | 73.09 | 69.25 | 67.46 | 65.89 |
| Total Stockholder Equity | 144.03 | 143.86 | 133.61 | 139.73 | 134.76 | 124.96 | 119.37 | 116.27 | 108.81 | 104.51 | 100.04 | 93.91 | 93.23 | 96.04 | 89.38 | 86.26 | 83.42 |
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 | 78.10 | 75.41 | 76.18 | 71.91 | 63.06 | 59.13 | 60.70 | 58.00 | 54.97 | 50.59 | 50.74 | 49.40 | 43.31 | 39.56 | 37.51 | 35.76 | 33.31 | 32.26 | 31.96 | 29.29 |
| Cost of Revenue | 33.05 | 32.59 | 32.08 | 30.57 | 26.33 | 25.85 | 24.56 | 23.63 | 22.07 | 20.79 | 18.63 | 18.84 | 17.20 | 15.55 | 14.61 | 14.11 | 12.92 | 12.51 | 12.30 | 10.90 |
| Gross Profit | 45.05 | 42.83 | 44.10 | 41.35 | 36.73 | 33.28 | 36.14 | 34.37 | 32.89 | 29.80 | 32.11 | 30.56 | 26.11 | 24.00 | 22.90 | 21.65 | 20.39 | 19.74 | 19.66 | 18.38 |
| Research & Development | 0.50 | 0.58 | 0.60 | 0.78 | 0.85 | 0.80 | 0.80 | 0.76 | 0.76 | 0.75 | 0.65 | 0.59 | 0.76 | 0.78 | 0.72 | 0.67 | 0.67 | 0.63 | 0.61 | 0.58 |
| Selling, General & Admin | 37.13 | 34.79 | 32.22 | 31.92 | 28.80 | 28.43 | 28.21 | 26.67 | 26.50 | 24.81 | 23.91 | 23.65 | 20.56 | 19.76 | 17.17 | 17.68 | 17.54 | 15.78 | 14.24 | 13.26 |
| Total Operating Expenses* | 40.59 | 38.53 | 35.73 | 35.70 | 31.64 | 29.44 | 29.69 | 28.74 | 29.28 | 27.60 | 26.82 | 26.36 | 45.28 | 22.07 | 19.36 | 20.18 | 19.39 | 17.50 | 15.00 | 15.46 |
| Operating Income | 4.46 | 4.30 | 8.37 | 5.64 | 5.10 | 3.84 | 6.45 | 5.63 | 3.62 | 2.20 | 5.29 | 4.21 | 2.90 | 1.93 | 3.53 | 1.47 | 1.00 | 2.25 | 4.67 | 2.92 |
| Pretax Income | 4.05 | 3.99 | 8.01 | 5.14 | 4.96 | 3.66 | 6.31 | 5.50 | 2.25 | 2.12 | 5.08 | 4.24 | 3.06 | 2.02 | 3.58 | 1.51 | 1.39 | 2.51 | 5.06 | 3.18 |
| Tax Provision | 1.15 | 1.28 | 2.19 | 1.54 | 1.71 | 0.95 | 1.88 | 1.59 | 0.77 | 0.52 | 1.60 | 1.32 | 0.73 | 0.50 | 1.15 | 0.46 | 0.42 | 0.75 | 0.97 | 1.39 |
| Net Income | 2.76 | 2.58 | 5.64 | 3.51 | 3.16 | 2.63 | 4.32 | 3.88 | 1.47 | 1.60 | 3.48 | 2.92 | 2.33 | 1.52 | 2.44 | 1.06 | 0.97 | 1.76 | 4.09 | 1.79 |
| Basic EPS | 0.07 | 0.07 | 0.14 | 0.09 | 0.08 | 0.07 | 0.11 | 0.10 | 0.04 | 0.04 | 0.09 | 0.08 | 0.06 | 0.04 | 0.07 | 0.03 | 0.02 | 0.04 | 0.10 | 0.05 |
| Diluted EPS | 0.07 | 0.06 | 0.14 | 0.09 | 0.08 | 0.06 | 0.10 | 0.10 | 0.04 | 0.04 | 0.08 | 0.07 | 0.06 | 0.04 | 0.07 | 0.03 | 0.02 | 0.04 | 0.10 | 0.04 |
* 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 | 15.90 | 8.07 | 18.44 | 18.37 | 12.25 | 2.85 | 14.99 | 12.75 | 10.18 | 1.18 | 13.28 | 13.81 | 7.62 | 10.50 | 7.68 | 7.97 | 4.95 | 7.15 | 8.65 | 5.03 |
| Capital Expenditures | 8.46 | 6.71 | 8.74 | 7.64 | 8.13 | 15.48 | 11.83 | 11.00 | 8.93 | 6.01 | 7.93 | 7.40 | 6.08 | 4.68 | 5.57 | 6.34 | 7.03 | 3.96 | 6.66 | 8.03 |
| Free Cash Flow* | 7.44 | 1.36 | 9.70 | 10.73 | 4.13 | (12.63) | 3.16 | 1.74 | 1.25 | (4.83) | 5.35 | 6.41 | 1.55 | 5.82 | 2.11 | 1.64 | (2.08) | 3.18 | 1.99 | (3.00) |
| Investing Cash Flow | (7.84) | (5.48) | (7.61) | (32.30) | (1.73) | (8.53) | (9.20) | (4.97) | (11.17) | (5.36) | (7.49) | (8.51) | (32.21) | (3.90) | (7.38) | (6.10) | (6.69) | (3.81) | (6.56) | (8.43) |
| Financing Cash Flow | (7.15) | (6.32) | (8.45) | 5.04 | (0.67) | (1.70) | 0.40 | (5.24) | 2.48 | (1.34) | (3.03) | (5.45) | 11.26 | 0.04 | (4.87) | (2.31) | (5.58) | (2.50) | (0.55) | (0.89) |
* Derived from reported values
