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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	–	78	121	187	142	126	285	548	516	445
Cost of revenue	77	78	111	174	139	103	244	504	492	442
Gross profit	–	(0)	10	13	3	24	41	43	25	3
Selling, general and administrative	5	4	4	5	5	8	12	22	21	16
Operating income	0	(4)	6	6	(7)	16	29	21	25	3
Interest expense	–	–	0	0	0	0	0	2	3	3
Interest and investment income	0	0	0	0	0	–	–	–	–	–
Other non-operating income (expense)	–	–	–	–	0	(1)	2	0	0	0
Income before taxes	0	(4)	6	7	(7)	15	18	28	23	8
Income tax expense	0	(1)	2	2	(2)	4	4	7	6	2
Net income from continuing operations	0	(3)	4	5	(5)	11	14	21	17	6
Net income	0	(3)	4	5	(5)	11	14	21	17	6
Net income to common shareholders	–	–	–	–	–	11	14	21	17	6