Financial Statements — VTS
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 |
|---|
| Cash & Equivalents | 0.88 | 3.18 | 5.57 | 1.96 | 4.50 | 2.42 | 0.12 | 1.38 | 1.75 | 3.36 | 3.38 |
| Accounts Receivable | 52.43 | 41.34 | 34.83 | 46.95 | 56.63 | 36.36 | 46.32 | 41.29 | 38.20 | 26.40 | 30.40 |
| Total Current Assets | 58.36 | 48.73 | 57.04 | 67.98 | 70.45 | 54.29 | 48.99 | 45.89 | 41.50 | 39.81 | 42.87 |
| Property, Plant & Equipment | 0.10 | 0.11 | 0.14 | 0.15 | 0.17 | 0.19 | 0.19 | 0.19 | 0.17 | 0.08 | 0.10 |
| Total Non-current Assets* | 865.29 | 833.86 | 875.88 | 883.53 | 904.79 | 736.95 | 729.44 | 703.85 | 699.47 | 661.91 | 647.07 |
| Total Assets | 923.65 | 882.59 | 932.92 | 951.50 | 975.24 | 791.24 | 778.43 | 749.73 | 740.97 | 701.71 | 689.93 |
| Accounts Payable | 11.83 | 15.78 | 20.09 | 24.44 | 35.27 | 16.04 | 13.61 | 18.50 | 24.47 | 13.17 | 9.63 |
| Total Current Liabilities | 55.22 | 87.00 | 66.78 | 71.77 | 96.62 | 72.70 | 59.17 | 52.38 | 83.42 | 43.38 | 28.21 |
| Total Non-current Liabilities* | 244.51 | 225.14 | 215.89 | 207.86 | 210.93 | 198.15 | 200.76 | 174.63 | 116.34 | 100.58 | 98.61 |
| Total Liabilities | 299.72 | 312.14 | 282.67 | 279.63 | 307.55 | 270.86 | 259.92 | 227.02 | 199.76 | 143.96 | 126.82 |
| Retained Earnings | (11.25) | (44.33) | (1.31) | 22.20 | (2.46) | 4.61 | (12.83) | (23.76) | (41.49) | (40.03) | (49.65) |
| Total Stockholder Equity | 623.92 | 570.45 | 650.26 | 671.88 | 667.69 | 520.39 | 518.51 | 522.72 | 541.21 | 557.75 | 563.11 |
* 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 |
|---|
| Total Revenue | 91.00 | 67.41 | 58.62 | 67.44 | 81.76 | 66.17 | 55.93 | 58.28 | 66.60 | 61.19 | 69.30 | 55.05 | 51.59 | 57.96 | 79.20 |
| Selling, General & Admin | 6.15 | 8.59 | 6.13 | 5.74 | 0.31 | 12.13 | 8.18 | 5.23 | 4.72 | 5.37 | 4.79 | 3.82 | 4.46 | 10.86 | 7.58 |
| Total Operating Expenses | 70.13 | 61.50 | 65.64 | 67.33 | 63.10 | 60.79 | 53.83 | 49.30 | 49.78 | 48.11 | 49.42 | 39.12 | 38.87 | 71.64 | 40.99 |
| Operating Income | 20.88 | 5.91 | (7.01) | 0.11 | 18.66 | 5.38 | 2.10 | 8.98 | 16.81 | 13.08 | 19.88 | 15.94 | 12.72 | (13.68) | 38.20 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.20 | 1.81 | 1.17 | 1.12 | 1.18 | 1.15 |
| Pretax Income | 39.86 | (51.74) | (0.36) | (1.56) | 34.53 | 2.47 | (6.62) | 23.66 | 14.61 | (2.92) | 35.48 | (2.26) | 16.43 | (7.44) | -- |
| Tax Provision | 6.78 | (9.46) | 0.38 | (0.25) | 9.87 | (0.20) | (1.49) | 6.22 | 3.68 | (0.73) | 15.56 | (0.80) | 6.81 | 40.37 | -- |
| Net Income | 33.08 | (42.28) | (0.74) | (1.31) | 24.66 | 2.67 | (5.12) | 17.44 | 10.93 | (2.19) | 19.92 | (1.47) | 9.62 | (47.81) | 23.57 |
| Basic EPS | 0.79 | (1.05) | 0.00 | (0.03) | 0.62 | 0.08 | (0.15) | 0.56 | 0.36 | (0.07) | 0.70 | (0.05) | 0.29 | (1.67) | 0.05 |
| Diluted EPS | 0.77 | (1.05) | (0.01) | (0.03) | 0.60 | 0.08 | (0.15) | 0.53 | 0.33 | (0.07) | 0.70 | (0.05) | 0.29 | (1.67) | 0.05 |
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 |
|---|
| Operating Cash Flow | 25.44 | 24.02 | 37.44 | 49.40 | 66.02 | 17.49 | 34.69 | 45.73 | 35.16 | 39.42 | 31.64 | 32.06 | 39.03 | 39.21 | -- |
| Capital Expenditures | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.03 | 0.05 | 0.11 | 0.01 | 0.01 | 6.51 |
| Free Cash Flow* | 25.44 | 24.02 | 37.44 | 49.40 | 66.01 | 17.49 | 34.68 | 45.71 | 35.14 | 39.39 | 31.59 | 31.95 | 39.02 | 39.20 | -- |
| Investing Cash Flow | (20.70) | (18.69) | (29.76) | (31.79) | (35.74) | (30.37) | (28.22) | (17.22) | (37.66) | (32.21) | (43.21) | (34.17) | (20.55) | (22.73) | -- |
| Financing Cash Flow | (7.04) | (3.48) | (11.93) | (14.01) | (32.80) | 14.41 | (5.93) | (26.20) | 1.25 | (6.38) | 10.38 | 0.50 | (18.49) | (23.11) | -- |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 |
|---|
| Dividends Per Share | 0.44 | 0.44 | 0.56 | 0.53 | 0.53 | 0.50 | 0.53 |
