Financial Statements — ACDC
Balance Sheet
(in billions USD)| Metric | 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 |
|---|
| Cash & Equivalents | 0.03 | 0.06 | 0.03 | 0.02 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.07 | 0.06 | 0.07 | 0.03 |
| Accounts Receivable | 0.32 | 0.27 | 0.33 | 0.41 | 0.36 | 0.38 | 0.38 | 0.33 | 0.46 | 0.59 | 0.50 | 0.44 | 0.30 |
| Inventory | 0.16 | 0.17 | 0.18 | 0.20 | 0.24 | 0.26 | 0.22 | 0.27 | 0.30 | 0.28 | 0.24 | 0.19 | 0.14 |
| Total Current Assets | 0.53 | 0.54 | 0.58 | 0.67 | 0.68 | 0.70 | 0.66 | 0.68 | 0.83 | 0.99 | 0.84 | 0.74 | 0.49 |
| Property, Plant & Equipment | 1.41 | 1.57 | 1.64 | 1.71 | 1.83 | 1.87 | 1.69 | 1.85 | 1.91 | 1.91 | 0.82 | 0.66 | 0.62 |
| Goodwill | 0.29 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 | 0.34 | 0.32 | 0.32 | 0.33 | 0.10 | 0.08 | -- |
| Intangible Assets | 0.10 | 0.12 | 0.13 | 0.14 | 0.16 | 0.16 | 0.16 | 0.18 | 0.19 | 0.20 | 0.03 | 0.03 | 0.03 |
| Total Non-current Assets* | 2.02 | 2.20 | 2.25 | 2.35 | 2.46 | 2.46 | 2.34 | 2.54 | 2.62 | 2.65 | 1.14 | 0.93 | 0.83 |
| Total Assets | 2.55 | 2.74 | 2.83 | 3.02 | 3.14 | 3.16 | 3.01 | 3.22 | 3.45 | 3.64 | 1.98 | 1.66 | 1.31 |
| Accounts Payable | 0.30 | 0.28 | 0.34 | 0.35 | 0.36 | 0.33 | 0.28 | 0.34 | 0.43 | 0.52 | 0.21 | 0.18 | 0.22 |
| Total Current Liabilities | 0.65 | 0.60 | 0.64 | 0.68 | 0.71 | 0.70 | 0.62 | 0.70 | 0.84 | 0.94 | 0.55 | 0.45 | 0.42 |
| Long-term Debt | 0.87 | 0.91 | 0.94 | 0.97 | 0.99 | 1.01 | 0.90 | 0.90 | 1.02 | 1.05 | 0.48 | 0.43 | 0.49 |
| Total Non-current Liabilities* | 1.11 | 1.13 | 1.17 | 1.21 | 1.19 | 1.19 | 1.05 | 1.16 | 1.29 | 1.25 | 0.57 | 0.50 | 0.65 |
| Total Liabilities | 1.77 | 1.72 | 1.81 | 1.90 | 1.91 | 1.89 | 1.67 | 1.86 | 2.12 | 2.18 | 1.12 | 0.96 | 1.07 |
| Retained Earnings | (0.70) | (0.47) | (0.36) | (0.25) | (0.13) | (0.08) | (0.02) | 0.08 | 0.11 | 0.11 | 0.87 | 1.41 | -- |
| Total Stockholder Equity | 0.62 | 0.86 | 0.88 | 0.99 | 1.10 | 1.15 | 1.21 | 1.25 | 1.28 | 0.12 | (0.87) | (1.41) | 0.24 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | 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 |
|---|
| Total Revenue | 449.60 | 436.50 | 403.10 | 501.90 | 600.30 | 454.70 | 575.30 | 579.40 | 581.50 | 494.90 | 574.20 | 709.20 | 851.70 | 794.05 | 696.73 | 589.84 | 344.98 |
| Cost of Revenue | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 851.70 | 794.05 | 696.73 | 589.84 | 344.98 |
| Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling, General & Admin | 43.60 | 42.50 | 43.00 | 51.40 | 53.60 | 48.00 | 51.90 | 54.10 | 50.60 | 60.90 | 61.00 | 70.30 | 76.30 | 51.14 | 70.29 | 87.55 | 34.13 |
| Total Operating Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | (106.70) | (113.77) | (168.95) | (95.49) | (34.19) |
| Operating Income | (46.40) | (108.70) | (78.80) | (54.30) | 16.00 | (46.80) | (4.30) | (49.20) | 39.90 | (14.30) | 20.50 | 53.70 | 106.70 | 113.77 | 168.95 | 95.49 | 34.19 |
| Interest Expense | 32.80 | 33.30 | 34.50 | 35.10 | 35.90 | 38.80 | 40.60 | 39.60 | 37.60 | 38.80 | 40.20 | 41.00 | 34.90 | 20.52 | 16.26 | 13.45 | 9.27 |
| Pretax Income | (79.20) | (141.60) | (112.60) | (99.10) | (15.10) | (83.80) | (45.00) | (89.30) | 3.30 | (104.90) | (24.60) | 5.00 | 66.50 | 101.20 | 151.52 | 74.21 | 24.88 |
| Tax Provision | 1.60 | 2.60 | (20.20) | 4.40 | 0.30 | 17.90 | (1.50) | (23.70) | 0.30 | (10.60) | (6.70) | 9.60 | 6.70 | (3.92) | 8.16 | 4.11 | 0.75 |
| Net Income | (83.50) | (144.70) | (100.90) | (105.90) | (17.50) | (105.00) | (45.20) | (66.70) | 1.80 | (92.30) | (24.50) | (2.90) | 22.00 | 16.30 | 44.93 | 6.56 | 23.71 |
| Basic EPS | (0.47) | (0.83) | (0.60) | (0.67) | (0.12) | (0.67) | (0.29) | (0.42) | 0.00 | (0.99) | (0.21) | (0.02) | 0.40 | 0.80 | 1.09 | 0.16 | -- |
| Diluted EPS | (0.47) | (0.83) | (0.60) | (0.67) | (0.12) | (0.67) | (0.29) | (0.42) | 0.00 | (0.99) | (0.21) | (0.02) | 0.40 | 0.80 | 1.09 | 0.16 | -- |
Cash Flow Statement
(in millions USD)| Metric | 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 |
|---|
| Operating Cash Flow | 9.30 | 49.50 | 0.90 | 100.40 | 38.70 | 76.50 | 98.20 | 113.50 | 79.10 | (506.50) | 123.60 | 153.70 | 233.50 | 158.54 | 172.20 | 10.47 | 43.72 |
| Capital Expenditures | 40.70 | 36.60 | 34.30 | 46.50 | 52.50 | 63.20 | 70.00 | 61.90 | 59.90 | 33.10 | 52.60 | 98.10 | 83.20 | 116.72 | 123.41 | 74.58 | 41.49 |
| Free Cash Flow* | (31.40) | 12.90 | (33.40) | 53.90 | (13.80) | 13.30 | 28.20 | 51.60 | 19.20 | (539.60) | 71.00 | 55.60 | 150.30 | 41.81 | 48.79 | (64.11) | 2.23 |
| Investing Cash Flow | (34.50) | (35.70) | (30.10) | (46.20) | (51.70) | (20.50) | (67.00) | (231.50) | (53.30) | 639.50 | (51.00) | (115.90) | (525.80) | (398.84) | (241.43) | (53.62) | (334.70) |
| Financing Cash Flow | 35.80 | (48.90) | 61.20 | (44.20) | 14.20 | (66.70) | (29.70) | 113.70 | (22.80) | (120.90) | (74.60) | (82.70) | 327.10 | 211.44 | 60.22 | 57.93 | 316.32 |
* Derived from reported values
