Loading company

Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	694	671	1,088	1,017	638	573	738	782	693	669
Cost of revenue	288	521	835	803	562	470	579	607	536	536
Gross profit	406	150	254	215	76	103	159	175	156	133
Research and development	–	5	7	7	6	4	4	5	5	5
Selling, general and administrative	124	115	138	123	94	84	96	94	95	90
Total operating expenses	764	744	1,094	1,246	–	–	–	–	–	–
Operating income	(69)	(74)	(6)	(228)	(534)	(65)	3	23	(2)	(98)
Interest expense	5	5	19	18	14	10	11	10	9	8
Interest and investment income	0	0	0	0	0	0	0	1	1	2
Other non-operating income (expense)	1	1	3	5	14	2	3	1	2	1
Income before taxes	(73)	(77)	(22)	(241)	(534)	(73)	(4)	16	(8)	(103)
Income tax expense	(27)	7	(3)	(9)	(66)	(9)	5	3	3	7
Net income from continuing operations	(46)	(85)	(19)	(232)	(468)	(64)	(10)	13	(11)	(109)
Net income	(46)	(85)	(19)	(232)	(468)	(64)	(10)	13	(11)	(109)
Net income to common shareholders	(46)	(85)	(19)	(232)	(468)	(64)	(10)	13	(11)	(109)