BLDP - Ballard Power Systems Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$3.60
DETAILS
HIGH:
$5.00
LOW:
$2.00
MEDIAN:
$3.70
CONSENSUS:
$3.60
DOWNSIDE:
35.02%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||
| Revenue | 101.1 | 69.7 | 102.4 | 83.8 | 104.5 | 103.9 | 105.7 | 96.6 | 121.3 | 85.3 | 56.5 | 68.7 | 61.3 | 43.7 | 76.0 | 65.0 | 46.7 | 59.6 | 65.5 | 49.8 | 53.7 | 81.4 | 119.6 | 90.9 | 60.7 | 27.4 | 22.9 | 16.2 | 16.9 | 18.8 | 15.4 | 13.7 | 10.9 |
| Cost of Revenue | 98.7 | 91.7 | 124.2 | 96.9 | 90.5 | 82.9 | 83.4 | 66.9 | 79.7 | 61.1 | 46.5 | 58.5 | 44.5 | 36.3 | 62.1 | 54.8 | 40.8 | 47.4 | 25.1 | 21.2 | 31.3 | 59.6 | 76.1 | 67.1 | 33.4 | 30.2 | 16.0 | 10 | 13.7 | 15.4 | 8.6 | 8.6 | 9.9 |
| Gross Profit | 2.4 | (22.0) | (21.8) | (13.1) | 14.0 | 21.0 | 22.3 | 29.7 | 41.6 | 24.2 | 10.0 | 10.2 | 16.8 | 7.4 | 13.9 | 10.2 | 5.9 | 12.2 | 40.5 | 28.6 | 22.4 | 21.8 | 43.5 | 23.8 | 27.3 | (2.8) | 6.8 | 6.2 | 3.2 | 3.4 | 6.8 | 5.1 | 0.9 |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| R&D Expenses | 57.5 | 94.5 | 98.3 | 96.0 | 62.2 | 35.5 | 25.3 | 27.0 | 25.0 | 19.8 | 16.2 | 14.3 | 17.1 | 19.3 | 25.5 | 23.8 | 26.6 | 37.2 | 58.5 | 52.3 | 75.5 | 91.7 | 103.9 | 113.7 | 82.7 | 57.7 | 42.8 | 23.5 | 12.7 | 0 | 0 | 0 | 2.0 |
| SG&A Expenses | 26.5 | 37.0 | 39.0 | 41.8 | 37.9 | 24.9 | 20.6 | 23.2 | 20.9 | 20.5 | 18.4 | 18.0 | 19.4 | 19.2 | 22.0 | 22.2 | 18.0 | 20.1 | 28.0 | 20.5 | 25.6 | 25.7 | 27.2 | 32.0 | 18.5 | 11.6 | 10.1 | 6.9 | 5.8 | 15.5 | 13.5 | 7.6 | 1.8 |
| Other Expenses | (0.1) | 29.8 | 3.8 | 8.1 | 1.9 | 0.4 | 1.9 | (0.1) | 0.0 | (0.1) | (0.1) | (0.1) | 0 | (0.0) | 0 | 6.5 | 6.6 | 6.0 | 15.7 | 16.4 | 26.1 | 40.1 | 46.4 | 44.6 | 5.0 | 9.7 | 7.4 | 5.7 | 3.1 | 1.5 | 1 | 1 | 0.8 |
| Operating Expenses | 83.9 | 161.3 | 141.1 | 145.8 | 102.0 | 60.7 | 47.8 | 50.2 | 45.9 | 40.3 | 34.6 | 32.3 | 36.5 | 38.5 | 47.5 | 52.4 | 51.2 | 63.3 | 102.3 | 89.2 | 127.1 | 157.5 | 177.4 | 190.4 | 106.2 | 79.0 | 60.2 | 36.1 | 21.6 | 17 | 14.5 | 8.6 | 4.5 |
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (81.5) | (183.3) | (162.9) | (158.9) | (88.0) | (39.8) | (25.4) | (20.8) | (4.9) | (18.1) | (24.9) | (28.1) | (19.4) | (31.1) | (33.6) | (42.8) | (52.0) | (51.1) | (61.8) | (60.5) | (104.7) | (135.8) | (142.8) | (194.1) | (82.6) | (81.8) | (53.4) | (29.9) | (18.4) | (13.6) | (7.7) | (3.5) | (3.6) |
| Interest Expense | 1.9 | 2.1 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 0.5 | 0.7 | 0.7 | 0.8 | 0.9 | 1.5 | 1.7 | 1.4 | 1.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.2 |
| Interest Income | 25.0 | 0 | 0 | 18.8 | 3.7 | 1.2 | 3.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.6 | 16.5 | 24.5 | 29.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||||||||||||||||||||||||
| EBITDA | (77.4) | (309.3) | (122.3) | (145.1) | (86.7) | (40.2) | (26.0) | (20.3) | (0.7) | (15.9) | (1.1) | (22.5) | (13.6) | (36.2) | (32.5) | (26.8) | 6.8 | (43.0) | (43.7) | (37.4) | (59.1) | (90.4) | (79.5) | (116.0) | (88.7) | (68.6) | (46.4) | (24.5) | (15.3) | (12.1) | (6.7) | (2.5) | (2.9) |
| EBIT | (81.5) | (321.3) | (135.3) | (158.9) | (96.3) | (47.8) | (33.5) | (25.1) | (6.0) | (20.4) | (5.2) | (28.2) | (19.8) | (42.0) | (38.4) | (34.6) | (3.5) | (51.0) | (61.8) | (60.5) | (88.3) | (135.8) | (133.9) | (166.6) | (103.4) | (77) | (53.4) | (30.1) | (18.4) | (13.6) | (7.7) | (3.5) | (3.6) |
| Income Before Tax | (92.5) | (323.4) | (144.1) | (177.0) | (114.6) | (49.3) | (35.3) | (27.0) | (6.5) | (21.3) | (6.4) | (29.3) | (21.2) | (43.4) | (35.8) | (38.8) | (3.3) | 34.1 | (56.9) | (58.4) | (86.8) | (175.0) | (124.3) | (146.5) | (95.3) | (55.9) | (50.7) | 1.3 | 1.9 | (4.3) | (5.3) | (3.7) | (2.3) |
| Income Tax Expense | 0.1 | 0.1 | 0.2 | (3.5) | (0.2) | 0.1 | 0.0 | 0.4 | 1.6 | 0.4 | 0.2 | 0.4 | 0.5 | 11.0 | 0.4 | 0.0 | (0.0) | 0.0 | (0.1) | (1.4) | 0.2 | 0.4 | 0.7 | 1.2 | 0.9 | 1.3 | 0.5 | 0.8 | 0.5 | 0.2 | 0.1 | 0 | (1.3) |
| Net Income | (92.5) | (324.2) | (177.7) | (173.5) | (114.4) | (51.4) | (39.0) | (27.3) | (8.0) | (21.7) | (5.8) | (27.9) | (20.0) | (42.1) | (33.4) | (34.9) | (3.3) | 34.1 | (57.3) | (181.1) | (87.0) | (175.4) | (125.1) | (147.7) | (96.2) | (57.2) | (51.2) | 0.5 | 1.4 | (4.5) | (5.4) | (3.7) | (2.3) |
| Per Share Data | |||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.31 | -1.08 | -0.61 | -0.58 | -0.39 | -0.20 | -0.17 | -0.15 | -0.05 | -0.13 | -0.04 | -0.22 | -0.20 | -0.48 | -0.40 | -0.42 | -0.04 | 0.37 | -0.50 | -1.60 | -0.73 | -1.48 | -1.07 | -1.40 | -1.05 | -0.65 | -0.62 | -0.00 | 0.03 | -0.10 | -0.17 | -0.14 | -0.11 |
| EPS (Diluted) | -0.30 | -1.08 | -0.61 | -0.58 | -0.39 | -0.20 | -0.17 | -0.15 | -0.05 | -0.13 | -0.04 | -0.22 | -0.20 | -0.48 | -0.40 | -0.42 | -0.04 | 0.37 | -0.50 | -1.60 | -0.71 | -1.48 | -1.07 | -1.40 | -1.05 | -0.65 | -0.62 | -0.00 | 0.03 | -0.10 | -0.17 | -0.14 | -0.11 |
| Shares Outstanding | 303.0 | 299.3 | 298.7 | 298.1 | 295.3 | 248.5 | 232.8 | 185.8 | 176.3 | 163.4 | 140.4 | 127.4 | 100.0 | 87.6 | 84.4 | 84.1 | 83.6 | 84.9 | 114.6 | 113.4 | 119.7 | 118.5 | 117.4 | 105.4 | 91.4 | 88.2 | 82.5 | 70 | 40 | 45 | 31.8 | 26.4 | 22.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 | 2008 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||
| Cash & Cash Equivalents | 526.1 | 603.9 | 751.1 | 913.7 | 1,122.4 | 763.4 | 147.8 | 192.2 | 60.3 | 72.6 | 43.3 | 54.1 | 188.7 | 278.1 | 237.2 | 140.8 | 192.5 | 59.7 | 225.1 | 101.1 | 49.4 | 15.3 | 7.6 | 6.2 |
| Short-Term Investments | 4.2 | 2.1 | 2.1 | 2.0 | 3.0 | 2 | 0 | 0 | 0 | 0 | 38.9 | 31.3 | 51.5 | 49.0 | 139.6 | 280.5 | 320.7 | 187.9 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 24.2 | 32.0 | 58.6 | 38.6 | 46.3 | 56.8 | 49.3 | 38.5 | 23.1 | 11.0 | 12.9 | 18.9 | 10.3 | 22.6 | 28.3 | 17.3 | 15.4 | 18.6 | 8.9 | 15 | 7.8 | 4.8 | 5.5 | 3.2 |
| Inventory | 43.7 | 56.4 | 45.9 | 58.0 | 51.4 | 28.5 | 30.1 | 29.3 | 17.3 | 17.2 | 9.2 | 10.4 | 12.3 | 26.3 | 26.1 | 28.0 | 11.8 | 6.0 | 4.3 | 0.9 | 1.8 | 2 | 0.9 | 1.1 |
| Other Current Assets | 2.2 | 4.4 | 7.1 | 8.9 | 4.4 | 0 | 2.3 | 0 | 0 | 3.9 | 0 | 0 | 13.0 | 0 | 0 | 0 | 0.4 | 0.8 | 60.5 | 18.1 | 6.5 | 6.5 | 11.8 | 8.5 |
| Total Current Assets | 600.3 | 698.9 | 864.7 | 1,028.5 | 1,227.5 | 854.3 | 229.5 | 261.6 | 102.8 | 107.8 | 106.4 | 116.1 | 278.2 | 378.5 | 433.3 | 467.5 | 540.9 | 272.9 | 298.8 | 135.1 | 65.5 | 28.6 | 25.8 | 19.0 |
| Non-Current Assets | ||||||||||||||||||||||||
| Property, Plant & Equipment | 32.1 | 30.4 | 116.3 | 82.4 | 56.0 | 49.3 | 42.8 | 21.6 | 15.3 | 15.7 | 39.3 | 38.8 | 66.8 | 85.7 | 97.9 | 109.0 | 57.9 | 44.5 | 29.3 | 16.2 | 12.7 | 6.9 | 3 | 2.3 |
| Goodwill | 0 | 0 | 40.3 | 64.3 | 64.2 | 40.3 | 40.3 | 40.3 | 40.6 | 40.6 | 48.1 | 48.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0.2 | 1.8 | 1.4 | 5.2 | 20.8 | 3.8 | 5.7 | 8.3 | 17.9 | 18.1 | 0.8 | 3.7 | 217.2 | 353.7 | 356.7 | 355.4 | 28.5 | 32.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 47.9 | 45.8 | 54.2 | 66.4 | 70.2 | 27.6 | 21.6 | 14.0 | 0.7 | 1.2 | 0.6 | 1.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.5 | 0.5 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 1.8 | 96.8 | 17.0 | 29.9 | 27.4 | 79.4 | 77.3 | 117.9 | 87 | 0 | (0.1) | 0 | 0.1 |
| Total Non-Current Assets | 80.8 | 78.4 | 212.8 | 218.6 | 211.5 | 121.3 | 110.8 | 84.5 | 74.9 | 75.7 | 88.9 | 92.4 | 380.9 | 456.4 | 484.5 | 491.8 | 165.8 | 153.9 | 147.2 | 103.2 | 12.7 | 6.8 | 3 | 2.3 |
| Total Assets | 681.1 | 777.3 | 1,077.5 | 1,247.1 | 1,439.0 | 975.6 | 340.3 | 346.1 | 177.7 | 183.4 | 195.3 | 208.4 | 659.2 | 834.8 | 917.8 | 959.3 | 706.7 | 426.8 | 446 | 238.3 | 78.2 | 35.4 | 28.8 | 21.3 |
| Current Liabilities | ||||||||||||||||||||||||
| Account Payables | 12.0 | 12.3 | 13.7 | 20.4 | 13.7 | 9.1 | 14.9 | 6.9 | 13.2 | 6.0 | 6.7 | 6.3 | 24.6 | 42.9 | 46.7 | 17.9 | 19.4 | 15.1 | 14.4 | 10 | 8 | 6.1 | 3.6 | 2.2 |
| Short-Term Debt | 3.4 | 0 | 0 | 0 | 3.2 | 0 | 2.4 | 0 | 0 | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.9 | 0 | 1.6 | 0.9 |
| Deferred Revenue | 8.4 | 6.6 | 0 | 8.0 | 12.1 | 9.9 | 20.2 | 16.7 | 8.1 | 20.6 | 1.6 | 0.9 | 2.7 | 3.9 | 4.5 | 1.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 25.1 | 36.0 | 33.2 | 40.8 | 37.3 | 30.4 | 14.0 | 40.2 | 17.5 | 15.4 | 5.2 | 0 | 14.7 | 0 | 0 | 41.4 | 17.9 | 17.3 | 14.6 | 11.5 | 3.9 | 3.5 | 7.6 | 3.9 |
| Total Current Liabilities | 60.9 | 75.6 | 70.6 | 73.2 | 83.0 | 52.1 | 64.5 | 47.7 | 39.4 | 43.0 | 30.1 | 26.6 | 69.2 | 79.8 | 76.9 | 77.9 | 37.4 | 32.5 | 29.1 | 21.6 | 12.8 | 9.6 | 12.8 | 7.0 |
| Non-Current Liabilities | ||||||||||||||||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.2 | 0.3 | 0.4 | 0.4 | 0.8 | 1 | 1.4 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 3.6 | 3.9 | 0 | 16.6 | 12.7 | 17.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 2.8 | 2.7 | 1.9 | 2.3 | 10.8 | 1.8 | 6.1 | 8.2 | 9.2 | 9.0 | 4.6 | 16.3 | 10.9 | 13.4 | 11.4 | 7.7 | 4.0 | 0 | 0 | (0.1) | 0 | 0.1 | 0 | 0.1 |
| Total Non-Current Liabilities | 31.4 | 28.7 | 15.7 | 15.0 | 29.5 | 22.6 | 25.5 | 15.8 | 18.4 | 18.9 | 6.4 | 20.5 | 14.9 | 13.4 | 11.4 | 7.7 | 4.1 | 0.2 | 0.3 | 0.3 | 0.4 | 0.9 | 1 | 1.5 |
| Total Liabilities | 92.3 | 104.3 | 86.3 | 88.2 | 112.6 | 74.7 | 90.1 | 63.5 | 57.8 | 61.9 | 36.4 | 47.1 | 84.1 | 93.1 | 88.3 | 85.6 | 41.5 | 32.7 | 29.4 | 21.9 | 13.2 | 10.5 | 13.8 | 8.5 |
| Stockholders' Equity | ||||||||||||||||||||||||
| Common Stock | 2,428.8 | 2,428.6 | 2,425.6 | 2,420.4 | 2,413.0 | 1,884.7 | 1,182.7 | 1,174.9 | 986.5 | 977.7 | 835.4 | 832.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | (2,147.8) | (2,060.8) | (1,737.5) | (1,560.8) | (1,385.7) | (1,275.5) | (1,223.8) | (1,184.4) | (1,157.4) | (1,149.1) | (960.7) | (954.6) | (663.3) | (487.9) | (362.1) | (214.4) | (125.5) | (70.8) | (18.3) | (20.4) | (22.7) | (18.3) | (12.6) | (9.3) |
| Accumulated Other Comprehensive Income | (1.6) | (4.8) | (3.0) | (1.5) | 1.7 | 0.9 | 0.8 | 0.9 | 0.2 | 0.7 | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (0.2) | (18.8) | (12.8) | (7.7) | (5.3) | (3.4) | (3.1) | (3.6) | (2.7) |
| Total Stockholders' Equity | 588.9 | 673.0 | 991.2 | 1,158.9 | 1,326.4 | 900.9 | 250.3 | 282.6 | 119.9 | 124.8 | 158.9 | 161.3 | 575.1 | 741.7 | 824.8 | 837.2 | 654.2 | 386.2 | 405.5 | 216 | 64.6 | 24.9 | 15 | 12.7 |
| Total Liabilities & Equity | 681.1 | 777.3 | 1,077.5 | 1,247.1 | 1,439.0 | 975.6 | 340.3 | 346.1 | 177.7 | 183.4 | 195.3 | 208.4 | 659.2 | 834.8 | 917.8 | 959.3 | 706.7 | 426.8 | 446 | 238.3 | 78.2 | 35.4 | 28.8 | 21.3 |
| Debt Metrics | ||||||||||||||||||||||||
| Total Debt | 22.1 | 23.9 | 17.9 | 15.7 | 17.1 | 17.9 | 19.8 | 5.7 | 6.9 | 7.5 | 2.1 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.3 | 0.4 | 0.5 | 1.3 | 0.8 | 2.6 | 2.3 |
| Net Debt | (504.0) | (580.1) | (733.2) | (898.0) | (1,105.3) | (745.6) | (128.0) | (186.5) | (53.4) | (65.1) | (41.2) | (54.1) | (188.7) | (278.1) | (237.2) | (140.8) | (192.3) | (59.4) | (224.7) | (100.6) | (48.1) | (14.5) | (5) | (3.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | (92.5) | (324.2) | (177.7) | (173.5) | (114.2) | (51.4) | (39.0) | (27.3) | (8.0) | (21.7) | (87.0) | (175.4) | (125.1) | (147.7) | (96.2) | (57.2) | (51.2) | 0.5 | 1.4 | (4.5) | (5.4) | (3.7) | (2.3) |
| Depreciation & Amortization | 4.1 | 12.0 | 13.5 | 13.8 | 9.8 | 7.6 | 7.5 | 5.0 | 5.1 | 4.5 | 29.2 | 45.3 | 54.4 | 50.6 | 14.6 | 9.0 | 7.0 | 5.5 | 3.1 | 1.5 | 1 | 1 | 0.8 |
| Stock-Based Compensation | 0 | 7.5 | 11.0 | 9.4 | 9.7 | 6.2 | 3.6 | 2.9 | 3.1 | 3.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 18.4 | 5.0 | (17.1) | (17.9) | (11.6) | (17.1) | (0.1) | (17.3) | (12.3) | 8.5 | (17.3) | 4.1 | 9.7 | (16.5) | 14.1 | 6.7 | (9.4) | 10.6 | 3.2 | 0.2 | (2.9) | 2.9 | 3.6 |
| Other Non-Cash Items | 12.9 | 191.5 | 65.7 | 39.7 | 26.2 | (0.8) | (0.4) | (1.1) | (0.3) | (0.5) | (1.6) | 47.7 | 18.2 | (12.8) | 12.6 | 1.8 | 8.2 | (18.3) | (17.5) | (7.3) | (1.5) | (0.1) | (0.2) |
| Operating Cash Flow | (57.2) | (108.1) | (104.6) | (132.2) | (80.5) | (42.9) | (14.2) | (31.7) | (9.8) | (3.9) | (76.7) | (78.3) | (42.8) | (126.4) | (54.8) | (39.7) | (45.4) | (1.7) | (9.8) | (10.1) | (8.8) | 0.1 | 1.9 |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditure | (10.0) | (27.6) | (41.4) | (34.5) | (14.7) | (12.9) | (13.9) | (9.9) | (6.4) | (6.9) | (6.6) | (7.1) | (5.7) | (20.3) | (18.3) | (21.4) | (17.7) | (17.5) | (7.5) | (7.3) | (5.3) | (1.9) | (0.7) |
| Acquisitions | 0.1 | (0.1) | (2) | (24.2) | (19.5) | (22.5) | (20.9) | (14.6) | (1.0) | (0.2) | 0 | 0 | (1.9) | (0.3) | (27.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (11.0) | (12.0) | (11.9) | (17.9) | (51.8) | (25.8) | (21.4) | (13.9) | (0.0) | (0.2) | (33.3) | (5.2) | (2.0) | (2.6) | (14.4) | (139.3) | (123.7) | (43.7) | (11.5) | (0.4) | 0 | (3.6) | (8.4) |
| Sales/Maturities of Investments | 0 | 0 | 1 | 1.0 | 0.3 | 25.8 | 21.4 | 0 | 3.4 | 0 | 0 | 0 | 90.6 | 140.8 | 21.5 | 0 | 0 | 0 | 0 | 0 | 5.7 | 0 | 0 |
| Other Investing Activities | 0 | 1.4 | (0.2) | (0.6) | (1.5) | (1.0) | 2.1 | 1.3 | (2.3) | 12.3 | 25.1 | 0.0 | 1.1 | 4.2 | 3.8 | (27.8) | 0 | (47.8) | (90) | 0 | 0 | 0 | (0.1) |
| Investing Cash Flow | (21.3) | (36.5) | (54.3) | (75.6) | (85.6) | (36.4) | (32.7) | (23.1) | (6.5) | 5.2 | (14.8) | (12.3) | 82.1 | 121.7 | (35.1) | (188.5) | (141.4) | (109) | (109) | (7.7) | 0.4 | (5.5) | (9.1) |
| Financing Activities | |||||||||||||||||||||||
| Net Debt Issuance | (3.0) | (3.3) | (4.0) | (3.3) | (2.8) | (2.5) | (2.1) | (0.6) | (0.6) | (1.0) | 0 | 0 | 0 | 0 | 0 | (0.1) | (0.1) | (0.1) | (0.8) | 0 | 0.8 | 0.7 | (0.8) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.1) | 1.8 | 0.3 | 0.9 | 2.4 | 4.4 | 4.6 | 3.1 | 5.6 | 3.8 | 1.1 | (0.0) | (0.0) | (0.1) | (0.1) | 0.0 | 2.0 | 5.7 | 14.9 | 0.4 | 0 | (0.2) | 0.1 |
| Financing Cash Flow | (2.6) | (1.5) | (3.7) | (2.4) | 526.9 | 696.5 | 2.6 | 186.1 | 5.0 | 31 | 51.7 | 1.2 | 1.5 | 101.2 | 49.6 | 363.1 | 5.9 | 242.5 | 172.6 | 51.9 | 15.8 | 7.2 | 9.2 |
| Cash Position | |||||||||||||||||||||||
| Net Change in Cash | (77.5) | (147.2) | (162.6) | (210.2) | 360.5 | 615.6 | (44.4) | 132.0 | (12.4) | 32.6 | (39.8) | (89.4) | 40.9 | 96.5 | (40.5) | 134.9 | (180.9) | 131.7 | 53.8 | 34.1 | 7.4 | 1.8 | 2.0 |
| Cash at Beginning | 603.6 | 751.1 | 913.7 | 1,123.9 | 763.4 | 147.8 | 192.2 | 60.3 | 72.6 | 40.0 | 188.7 | 278.1 | 237.2 | 140.8 | 181.3 | 57.7 | 240.6 | 93.4 | 47.3 | 15.2 | 7.8 | 5.8 | 4.1 |
| Cash at End | 526.1 | 603.9 | 751.1 | 913.7 | 1,123.9 | 763.4 | 147.8 | 192.2 | 60.3 | 72.6 | 148.9 | 188.7 | 278.1 | 237.2 | 140.8 | 192.5 | 59.7 | 225.1 | 101.1 | 49.3 | 15.2 | 7.6 | 6.1 |
| Free Cash Flow | (67.2) | (135.7) | (145.9) | (166.7) | (95.2) | (55.8) | (28.2) | (41.5) | (16.2) | (10.8) | (83.3) | (85.3) | (48.5) | (146.8) | (73.1) | (61.1) | (63.1) | (19.2) | (17.3) | (17.4) | (14.1) | (1.8) | 1.2 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||||||||||||||||||
| Revenue | 101.1 | 69.7 | 102.4 | 83.8 | 104.5 | 103.9 | 105.7 | 96.6 | 121.3 | 85.3 | 56.5 | 68.7 | 61.3 | 43.7 | 76.0 | 65.0 | 46.7 | 59.6 | 65.5 | 49.8 | 53.7 | 81.4 | 119.6 | 90.9 | 60.7 | 27.4 | 22.9 | 16.2 | 16.9 | 18.8 | 15.4 | 13.7 | 10.9 |
| Gross Profit | 2.4 | (22.0) | (21.8) | (13.1) | 14.0 | 21.0 | 22.3 | 29.7 | 41.6 | 24.2 | 10.0 | 10.2 | 16.8 | 7.4 | 13.9 | 10.2 | 5.9 | 12.2 | 40.5 | 28.6 | 22.4 | 21.8 | 43.5 | 23.8 | 27.3 | (2.8) | 6.8 | 6.2 | 3.2 | 3.4 | 6.8 | 5.1 | 0.9 |
| Operating Income | (81.5) | (183.3) | (162.9) | (158.9) | (88.0) | (39.8) | (25.4) | (20.8) | (4.9) | (18.1) | (24.9) | (28.1) | (19.4) | (31.1) | (33.6) | (42.8) | (52.0) | (51.1) | (61.8) | (60.5) | (104.7) | (135.8) | (142.8) | (194.1) | (82.6) | (81.8) | (53.4) | (29.9) | (18.4) | (13.6) | (7.7) | (3.5) | (3.6) |
| Net Income | (92.5) | (324.2) | (177.7) | (173.5) | (114.4) | (51.4) | (39.0) | (27.3) | (8.0) | (21.7) | (5.8) | (27.9) | (20.0) | (42.1) | (33.4) | (34.9) | (3.3) | 34.1 | (57.3) | (181.1) | (87.0) | (175.4) | (125.1) | (147.7) | (96.2) | (57.2) | (51.2) | 0.5 | 1.4 | (4.5) | (5.4) | (3.7) | (2.3) |
| EPS (Diluted) | -0.30 | -1.08 | -0.61 | -0.58 | -0.39 | -0.20 | -0.17 | -0.15 | -0.05 | -0.13 | -0.04 | -0.22 | -0.20 | -0.48 | -0.40 | -0.42 | -0.04 | 0.37 | -0.50 | -1.60 | -0.71 | -1.48 | -1.07 | -1.40 | -1.05 | -0.65 | -0.62 | -0.00 | 0.03 | -0.10 | -0.17 | -0.14 | -0.11 |
| Balance Sheet | |||||||||||||||||||||||||||||||||
| Cash & Equivalents | 526.1 | 603.9 | 751.1 | 913.7 | 1,122.4 | 763.4 | 147.8 | 192.2 | 60.3 | 72.6 | 43.3 | 54.1 | 188.7 | 278.1 | 237.2 | 140.8 | 192.5 | 59.7 | 225.1 | 101.1 | 49.4 | 15.3 | 7.6 | 6.2 | |||||||||
| Total Assets | 681.1 | 777.3 | 1,077.5 | 1,247.1 | 1,439.0 | 975.6 | 340.3 | 346.1 | 177.7 | 183.4 | 195.3 | 208.4 | 659.2 | 834.8 | 917.8 | 959.3 | 706.7 | 426.8 | 446 | 238.3 | 78.2 | 35.4 | 28.8 | 21.3 | |||||||||
| Total Debt | 22.1 | 23.9 | 17.9 | 15.7 | 17.1 | 17.9 | 19.8 | 5.7 | 6.9 | 7.5 | 2.1 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.3 | 0.4 | 0.5 | 1.3 | 0.8 | 2.6 | 2.3 | |||||||||
| Stockholders' Equity | 588.9 | 673.0 | 991.2 | 1,158.9 | 1,326.4 | 900.9 | 250.3 | 282.6 | 119.9 | 124.8 | 158.9 | 161.3 | 575.1 | 741.7 | 824.8 | 837.2 | 654.2 | 386.2 | 405.5 | 216 | 64.6 | 24.9 | 15 | 12.7 | |||||||||
| Cash Flow | |||||||||||||||||||||||||||||||||
| Operating Cash Flow | (57.2) | (108.1) | (104.6) | (132.2) | (80.5) | (42.9) | (14.2) | (31.7) | (9.8) | (3.9) | (76.7) | (78.3) | (42.8) | (126.4) | (54.8) | (39.7) | (45.4) | (1.7) | (9.8) | (10.1) | (8.8) | 0.1 | 1.9 | ||||||||||
| Capital Expenditure | (10.0) | (27.6) | (41.4) | (34.5) | (14.7) | (12.9) | (13.9) | (9.9) | (6.4) | (6.9) | (6.6) | (7.1) | (5.7) | (20.3) | (18.3) | (21.4) | (17.7) | (17.5) | (7.5) | (7.3) | (5.3) | (1.9) | (0.7) | ||||||||||
| Free Cash Flow | (67.2) | (135.7) | (145.9) | (166.7) | (95.2) | (55.8) | (28.2) | (41.5) | (16.2) | (10.8) | (83.3) | (85.3) | (48.5) | (146.8) | (73.1) | (61.1) | (63.1) | (19.2) | (17.3) | (17.4) | (14.1) | (1.8) | 1.2 | ||||||||||