enCore Energy Corp. logo EU - enCore Energy Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 2
HOLD 0
SELL 0
STRONG
SELL
0
| PRICE TARGET: $4.17 DETAILS
HIGH: $5.00
LOW: $3.75
MEDIAN: $3.75
CONSENSUS: $4.17
UPSIDE: 181.76%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1
Revenue
Revenue 18.3 12.4 8.9 3.7 18.2 13.4 9.3 5.3 30.4 0 5.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cost of Revenue 18.4 7.7 5.0 2.5 18.3 16.9 10.6 10.4 30.9 0 6.8 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0 0 0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit (0.1) 4.7 3.9 1.1 (0.0) (3.6) (1.3) (5.1) (0.5) 0 (1.3) 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 10.2 12.6 11.9 10.1 8.0 2.1 9.4 5.0 5.5 5.3 6.6 3.8 4.5 3.9 2.2 1.7 2.0 2.7 1.6 1.0 1.7 1.0 0.1 0.3 0.1 0.1 0.3 0.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.4 0.2 0.2 0.2 0.7 0.1 0.1 0.1 0.3 0.2 0.1 0.2 0.2 0.3 0.2 0.1 0.1 0.1
Other Expenses 14.3 8.9 6.1 10.3 7.6 35.4 6.7 12.8 6.3 13.3 0 5.5 5.9 4.0 4.2 3.8 2.7 0 1.0 0.9 0.9 0 0.4 0 0.1 0.2 0.0 0 0.0 0.0 (0.0) 0.0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) 0.0 0 (0.1) 0 (0.0) 0 0.1 0.0 0.1 (0.1) 0.0 0.0 0 (0.0) 0 (0.0) 0 0.0 0 0 (0.0) 0
Operating Expenses 24.4 21.5 17.9 20.4 15.6 37.4 16.0 17.9 11.8 18.7 6.6 9.3 10.5 7.9 6.4 5.5 4.7 2.7 2.5 1.9 2.6 1.0 0.4 0.3 0.1 0.3 0.3 0.5 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.0 0.2 0.5 0.2 0.2 0.3 0.8 (0.1) 0.2 0.1 0.3 0.3 0.1 0.2 0.3 0.3 0.2 0.1 0.1 0.1
Operating Income
Operating Income (24.5) (16.8) (14.0) (19.3) (15.6) (41.0) (17.4) (23.0) (12.3) (18.7) (7.9) (9.3) (10.5) (7.9) (6.4) (5.5) (4.7) (2.7) (2.5) (1.9) (2.6) (1.0) (0.5) (0.3) (0.1) (0.3) (0.4) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.2) (0.4) (0.2) 1.6 (0.3) (0.8) 0.1 (0.2) (0.1) (0.3) (0.3) (0.1) (0.2) (0.2) (0.3) (0.2) (0.1) (0.1) (0.1)
Interest Expense 1.8 1.8 1.1 0.2 0.3 0.4 0.4 0.4 0.4 0.5 1.2 1.2 0.6 0 0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0.0 0 0 0 0 0 0 0 0 0.0 0 0 0 0.0 0.0 0 0.0 0 0.0 0.0 0 0 0 0 0 0 0 0 0
Interest Income 0.4 0.7 0.5 0.2 0.3 0.5 0.7 0.9 0.4 0.0 0.0 0.0 0.3 0.3 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0 0 0 0
Profitability
EBITDA 6.4 (17.8) (2.2) (6.7) (23.1) (40.3) (17.3) (22.7) (11.6) (17.7) 9.2 (5.6) (9.9) (8.0) (6.0) (4.9) (4.8) (1.4) (2.5) (2.0) (2.6) (1.0) (0.5) (0.2) (0.1) (0.4) (0.4) (0.4) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0 (0.1) (0.1) (0.1) 0.0 (0.1) (0.1) (0.1) 0.4 (0.2) (0.1) (0.2) 1.6 (0.2) (0.4) (0.2) (0.2) (0.2) (0.8) (0.1) (0.2) (0.1) (0.3) (0.3) (0.1) (0.2) (0.3) (0.3) (0.2) (0.1) (0.1) (0.1)
EBIT 4.1 (21.0) (5.3) (8.6) (25.2) (42.0) (18.2) (23.5) (12.4) (20.7) 7.2 (7.9) (10.1) (8.1) (6.3) (5.3) (4.9) (1.4) (2.7) (2.4) (3.0) (1.0) (0.5) (0.2) (0.1) (0.4) (0.3) (0.4) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0 (0.0) (0.1) (0.1) (0.2) (0.2) (0.4) (0.2) (0.2) (0.3) (0.8) (0.1) (0.2) (0.1) (0.3) (0.3) (0.1) (0.2) (0.3) (0.3) (0.2) (0.1) (0.1) (0.1)
Income Before Tax 2.3 (22.8) (6.3) (8.8) (25.6) (42.4) (18.6) (23.9) (12.8) (22.1) 6.0 (10.0) (10.1) (7.8) (6.9) (2.2) (5.0) (1.3) (4.2) (1.7) (3.2) (1.0) (0.5) (0.2) (0.1) (0.4) (0.4) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0 (0.0) 0.1 (0.0) (0.1) (0.2) (0.1) (1.9) (2.9) (1.6) (0.3) (2.2) (0.0) (5.1) (0.1) (0.3) (0.3) (0.1) (0.2) (0.3) (0.3) 0 0 0 0
Income Tax Expense (0.2) (0.4) 0.1 0 (0.2) (5.9) (0.3) (0.3) (5.1) 0 (0.1) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) 0.0 0 (0.0) (0.0) (0.0) 0 (0.1) 0.0 0.0 (0.0) 0.0 0.0 0.0 (0.1) (0.0) (0.1) (0.0) (0.0) 0.2 (0.0) 3.1 6.2 2.7 0.0 3.0 0 4.9 (0.1) (0.0) (0.1) (0.1) (0.1) 0.0 (0.0) (0.0) 0.1 0.1 0.1
Net Income 5.4 (21.5) (4.8) (6.3) (24.2) (31.8) (15.8) (22.0) (7.3) (22.1) 6.1 (10.0) (10.1) (7.8) (6.9) (2.2) (5.0) (1.3) (4.2) (1.7) (3.2) (1.0) (0.5) (0.2) (0.1) (0.4) (0.3) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0 (0.0) 0.1 (0.0) (0.1) (0.2) (0.1) (2.0) (3.2) (1.6) (0.3) (2.2) (0.0) (5.1) (0.1) (0.3) (0.3) (0.1) (0.2) (0.3) (0.3) (0.2) (0.1) (0.1) (0.1)
Per Share Data
EPS (Basic) 0.03 -0.12 -0.04 -0.03 -0.13 -0.18 -0.09 -0.12 -0.04 -0.14 0.06 -0.07 -0.07 -0.07 -0.06 -0.02 -0.04 -0.03 -0.06 -0.03 -0.06 -0.02 -0.01 -0.01 -0.00 -0.01 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.01 -0.01 -0.11 -0.19 -0.10 -0.02 -0.17 -0.02 -0.77 -0.01 -0.04 -0.04 -0.01 -0.02 -0.04 -0.05 -0.03 -0.03 -0.04 -0.06
EPS (Diluted) 0.03 -0.12 -0.04 -0.03 -0.13 -0.18 -0.09 -0.12 -0.04 -0.14 0.04 -0.08 -0.07 -0.08 -0.06 -0.03 -0.04 -0.03 -0.06 -0.03 -0.06 -0.02 -0.01 -0.01 -0.00 -0.01 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.01 -0.01 -0.11 -0.20 -0.10 -0.02 -0.17 -0.02 -0.77 -0.01 -0.04 -0.04 -0.01 -0.02 -0.04 -0.05 -0.03 -0.03 -0.04 -0.06
Shares Outstanding 191.4 186.9 187.4 186.9 186.2 180.2 185.2 183.2 173.5 153.1 155.1 135.3 127.2 105.5 107.4 106.9 99.6 67.3 66.5 66.2 55.5 55.5 53.4 53.1 51.0 51.0 47.1 44.0 39.8 38.4 38.2 38.2 37.4 37.2 37.2 37.2 30.4 30.4 23.8 23.8 23.8 23.8 19.1 19.1 19.1 19.1 19.1 17.6 16.6 16.6 16.6 13.4 2.2 6.6 6.6 6.6 6.6 6.5 6.6 6.5 6.0 6.0 3.5 2.7 2.0
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2010 Q2
Current Assets
Cash & Cash Equivalents 41.6 52.4 91.9 26.9 29.7 39.7 46.3 76.3 90.1 7.5 2.7 0.5 3.2 2.5 12.7 26.0 26.4 9.2 11.6 4.9 18.4 6.6 2.5 2.9 3.0 2.1 2.9 3.4 1.0 0.9 1.1 1.3 1.5 1.6 1.6 1.9 2.0 0.1 0.1 0.2 0.3 1.7
Short-Term Investments 70.1 43.6 24.3 11.4 14.8 24.0 20.6 21.9 17.6 16.9 16.8 2.1 11.5 3.2 3.7 5.2 0 0 0 0 0 0 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 5.0 4.9 0 0 0 0 1.7 0 3.4 0.9 1.5 1.5 2.1 1.2 1.2 1.2 1.0 0.6 0.4 0 0 0.3 0.0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0.0 0.0 0 0.0
Inventory 9.9 5.3 11.0 9.7 6.2 21.0 35.7 46.6 12.8 0.0 0 0 0 (3.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 6.9 3.6 1.9 2.0 3.3 2.7 0 10.1 0 (0.0) 0 2.4 0.7 3.7 0 2.9 1.7 1.7 0.1 0.5 0.7 0.1 0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0.0 0
Total Current Assets 133.5 109.8 129.1 49.9 54.0 87.4 104.3 154.8 123.9 25.3 21.0 7.6 18.5 10.6 20.7 35.2 31.1 11.6 12.1 5.4 19.2 6.9 3.0 3.0 3.0 2.2 2.9 3.4 1.1 0.9 1.1 1.3 1.6 1.6 1.7 2.0 2.0 0.1 0.2 0.3 0.3 1.7
Non-Current Assets
Property, Plant & Equipment 43.6 44.2 302.2 299.3 299.1 296.2 305.8 414.2 291.5 289.9 284.6 280.5 276.2 147.7 146.4 184.4 139.7 137.9 12.7 10.7 10.5 10.3 4.1 5.3 3.9 3.8 5.1 4.8 4.9 4.9 4.6 4.7 4.4 3.9 4.0 3.9 4.0 4.0 3.8 3.7 3.7 0
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1.3 1.5 1.5 1.5 1.5 0.5 0.5 0.7 4.2 0.5 0.5 0.5 0.5 0.5 0.5 0.7 0.5 0.5 0.6 0.6 0.6 0.7 0.2 0.3 0.2 0.3 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 0.3 0.2 0.8 0.8 1.7 1.3 3.0 2.0 2.9 0.7 0.8 0 0.6 0.5 4.8 6.0 12.5 0.6 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 273.3 274.9 9.1 8.4 7.8 7.8 7.8 10.5 4.0 7.8 7.8 7.7 7.7 63.8 4.6 5.9 4.6 4.6 5.0 4.8 4.9 4.9 0.1 0.9 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0 0 0 0 0 0 0 0
Total Non-Current Assets 318.1 320.6 312.8 309.5 308.6 305.3 314.8 427.1 300.9 301.2 294.9 291.5 285.1 212.9 151.5 191.6 145.3 147.8 24.2 28.6 16.6 16.5 4.4 6.5 4.2 4.2 5.5 5.2 5.3 5.4 4.7 4.8 4.5 4.0 4.0 3.9 4.0 4.0 3.8 3.7 3.7 0
Total Assets 451.7 430.4 441.9 359.4 362.6 392.7 419.2 581.9 424.8 326.6 315.9 299.1 303.6 223.5 172.1 226.9 176.4 159.4 36.3 34.0 35.7 23.4 7.4 9.5 7.2 6.3 8.4 8.6 6.4 6.4 5.8 6.1 6.1 5.7 5.7 5.9 6.1 4.1 4.0 3.9 4.0 1.7
Current Liabilities
Account Payables 0.1 12.4 9.3 9.6 8.2 7.5 5.5 4.3 3.5 3.6 1.8 2.2 1.8 3.1 0.9 1.3 1.9 5.8 3.3 0.4 0.5 0.4 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.3 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0
Short-Term Debt 0.3 0.2 0 10.1 10.1 20.1 21.2 28.4 20.3 0 1.2 0 0.6 0 0 0.1 0 0 0 0 0 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 11.3 (0.2) 0 0 0 0 0 0.0 0 0 (0.2) 0 (0.1) (0.6) 0 0.3 0 0 0.0 0 0 0 0 0 0 0 0 0 (0.2) (0.2) 0 0 (0.1) 0 (0.1) (0.1) 0 0.2 0.3 0.2 0.1 0.0
Total Current Liabilities 12.1 13.7 9.5 19.7 18.4 30.1 27.1 33.0 24.1 6.3 3.4 2.5 2.6 3.6 1.1 1.8 1.9 5.9 4.3 0.4 0.6 0.9 0.1 0.1 0.3 0.3 0.4 0.5 0.3 0.3 0.3 0.5 0.4 0.2 0.2 0.2 0.2 0.4 0.4 0.3 0.3 0.0
Non-Current Liabilities
Long-Term Debt 110.2 110.0 109.3 0 0 0 0 0 0 19.2 38.2 56.9 56.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 26.2 26.4 26.9 26.8 26.8 27.0 0 0 0 28.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 19.0 18.9 18.2 17.8 17.3 16.9 11.3 15.2 11.0 10.8 10.7 10.6 10.4 4.8 4.5 5.7 4.3 4.2 6.7 6.3 6.7 6.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 158.4 158.4 154.7 44.7 44.3 44.1 11.5 15.5 11.2 58.3 49.2 67.9 67.0 4.8 4.6 5.8 4.4 4.3 6.9 6.3 6.7 6.7 0 0 0 0 0.0 0.1 0.1 0.1 0.1 0.3 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0
Total Liabilities 170.5 172.0 164.1 64.5 62.7 74.2 38.7 48.6 35.3 64.6 52.6 70.4 69.6 8.5 5.7 7.6 6.4 10.3 11.2 6.8 7.4 7.6 0.1 0.1 0.3 0.3 0.4 0.5 0.3 0.3 0.3 0.5 0.4 0.2 0.2 0.2 0.2 0.4 0.4 0.3 0.3 0.0
Stockholders' Equity
Common Stock 409.6 382.8 382.0 381.9 380.9 380.3 390.9 531.5 382.5 308.2 289.5 263.0 262.3 190.6 175.0 237.3 188.2 162.6 52.8 51.9 50.9 36.1 21.8 28.4 20.0 20.5 26.9 26.8 0 23.9 0 0 0 18.5 18.8 17.9 17.5 0 16.2 16.4 16.4 0
Retained Earnings (202.3) (207.7) (186.2) (181.4) (175.1) (150.8) (100.9) (115.9) (76.5) (89.5) (54.6) (63.9) (56.3) (48.9) (35.1) (41.5) (31.5) (32.4) (32.6) (28.7) (26.7) (23.4) (16.5) (21.5) (15.0) (16.2) (20.8) (20.4) (19.9) (19.8) (19.7) (19.6) (19.4) (19.4) (19.4) (19.3) (19.2) (19.1) (19.1) (19.0) (18.9) (0.2)
Accumulated Other Comprehensive Income (2.8) (2.6) (2.6) (2.3) (3.5) (3.6) 25.6 32.0 25.1 (1.8) 4.5 6.7 6.2 5.5 11.7 3.8 (1.6) 6.2 0.7 0.2 0.4 0.5 0.6 0.9 0.8 0.5 0.7 0.7 0.8 0.9 0.6 0.7 0.6 0.5 0.5 0.7 0.7 0.8 0.6 0.6 0.6 0
Total Stockholders' Equity 254.8 229.2 248.6 264.7 267.9 285.7 342.8 480.0 350.1 262.0 263.4 228.8 234.0 215.1 166.4 219.2 170.0 149.1 25.1 27.2 28.4 15.9 7.3 9.4 6.9 6.1 8.1 8.1 6.1 6.0 5.5 5.6 5.7 5.5 5.4 5.7 5.9 3.7 3.6 3.6 3.7 1.7
Total Liabilities & Equity 451.7 430.4 441.9 359.4 362.6 392.7 419.2 581.9 424.8 326.6 315.9 299.1 303.6 223.5 172.1 226.9 176.4 159.4 36.3 34.0 35.7 23.4 7.4 9.5 7.2 6.3 8.4 8.6 6.4 6.4 5.8 6.1 6.1 5.7 5.7 5.9 6.1 4.1 4.0 3.9 4.0 1.7
Debt Metrics
Total Debt 113.5 113.2 109.8 10.3 10.3 20.4 21.6 29.0 20.7 19.7 39.9 57.5 57.3 0.2 0.2 0.3 0.2 0.2 0.3 0.0 0.0 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Debt 72.0 60.8 17.9 (16.6) (19.4) (19.3) (24.8) (47.3) (69.4) 12.2 37.2 57.0 54.0 (2.3) (12.5) (25.6) (26.1) (8.9) (11.3) (4.9) (18.4) (6.2) (2.5) (2.9) (3.0) (2.1) (2.9) (3.4) (1.0) (0.9) (1.1) (1.3) (1.5) (1.6) (1.6) (1.9) (2.0) (0.1) (0.1) (0.2) (0.3) (1.7)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1
Operating Activities
Net Income 2.5 (22.4) (6.4) (8.8) (25.4) (52.5) (18.3) (23.6) (7.7) (16.7) 6.1 (7.5) (7.5) (6.4) (4.7) (1.7) (4.0) (1.3) (4.2) (1.7) (3.2) (1.0) (0.5) (0.3) (0.1) (0.4) (0.4) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0
Depreciation & Amortization 1.2 3.5 1.2 1.9 2.2 4.3 0.9 0.5 0.5 0.5 2.0 0.4 0.2 0.1 0.1 0.1 0.1 0 0.2 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock-Based Compensation 2.4 2.1 0.5 0.8 0.9 0.3 1.6 0.9 0.8 1.0 0 1.1 0.9 0.8 0 1.9 1.2 0 0.4 0.5 0.5 0 0.3 0.1 0.0 0.2 0.1 0.1 0.0 0 0 0 0.0 0 0 0 0 0 0 0 0
Change in Working Capital (9.3) 22.9 (10.6) 2.2 1.8 10.1 7.1 (23.8) (2.6) 0.3 1.9 (0.6) 48.8 (48.6) (1.9) (0.7) (5.7) 3.7 (0.3) 0.2 (0.3) (0.1) 0.0 (0.3) 0.0 (0.0) (0.1) 0.2 0.0 0.1 (0.2) 0.1 0.1 (0.0) 0.0 0.0 0.0 (0.0) 0.0 0.0 0.0
Other Non-Cash Items (18.2) 7.1 (5.0) (5.8) 12.8 29.5 3.3 9.0 5.9 0.2 (12.7) 7.7 (8.0) (0.3) 24.1 (2.4) 0.1 (1.8) 2.7 (0.7) (0.1) 0.6 0.0 (0.1) 0.0 0.0 0 0 0 0.0 0.0 0.0 0 (0.0) 0.0 0.0 0.0 0.0 0.0 0.0 (0.1)
Operating Cash Flow (21.4) 12.9 (20.3) (9.9) (7.7) (8.3) (5.5) (37.1) (3.0) (14.7) (2.8) 1.2 34.4 (54.5) 17.5 (2.9) (8.3) 0.7 (1.2) (1.3) (2.7) (0.5) (0.2) (0.6) (0.0) (0.2) (0.3) (0.3) (0.1) 0.1 (0.3) (0.0) (0.0) (0.1) (0.1) (0.0) (0.1) (0.1) (0.0) (0.0) (0.0)
Investing Activities
Capital Expenditure (1.0) (6.8) (6.0) (4.2) (5.0) 21.8 (1.5) (2.2) (1.6) (12.8) (1.5) (6.7) (1.9) (3.0) (2.9) (3.8) (1.7) (0.6) (1.0) (1.3) (0.3) 0.0 (0.2) (0.0) (0.1) (0.1) (0.2) (0.0) (0.0) (0.1) (0.2) (0.0) (0.0) 0.1 (0.2) (0.0) (0.3) 0.0 (0.1) (0.0) (0.1)
Acquisitions 0 0 0 0 0 (83.6) (1.9) 0 60 (54.5) 3.8 0 0 0 0.2 0 0 1.9 0 0 0 (0.3) 0 0 0 0 0 0 0 (0.0) (0.0) 0.0 0.0 0 0 0 0 0 0 0 0
Purchases of Investments (6.1) (29.0) (5.4) 0 0 0 (5.3) 0.0 (0.8) 3 0 0 (14.7) 0 0.0 0 0 (0.1) 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 9.7 5.2 1.1 14.4 0 (0.0) 0 0.0 0.5 (0.0) 0 0 0 (0.0) 0.5 0 4.2 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) 0.0 0.1
Other Investing Activities (8.6) (2.9) (1.3) (4.6) (3.7) (36.9) 1.2 (3.7) (63.3) 55.6 0 (1.0) (41.0) (6.2) (0.0) (3.3) (1.5) (3.3) 8.1 (11.6) (0.5) (0.1) 0 (0.8) 0 0 0 0 0 (0.1) (0.0) 0.0 (0.0) (0.1) 0 0 0 0 0 0 0
Investing Cash Flow (6.0) (32.5) (11.6) 5.6 (7.7) (98.7) (7.5) (5.8) (5.1) 1.9 (0.1) (4.8) (56.2) (9.2) (2.2) (3.7) 2.6 (1.5) 7.1 (12.9) (0.8) (0.5) (0.2) (0.8) (0.1) (0.1) (0.2) (0.0) (0.0) (0.2) (0.2) (0.0) (0.0) (0.0) (0.2) (0.0) (0.3) 0.0 (0.1) 0.0 0.0
Financing Activities
Net Debt Issuance 0 (20.6) 0 0 0 0.2 (0.1) (0.1) (0.1) (20.1) (19.7) (0.0) (0.0) (0.0) 0 (0.0) (0.0) 0 0 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
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 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 0.5 97.7 1.1 5.4 101.0 3.5 11.6 77.8 12.6 0.0 0.1 (3.0) 51.8 (0.0) 0.8 (1.1) (0.0) 0.7 0.7 0.3 0 0.8 0.0 1.5 0.2 0.1 2.6 0.2 0 0.1 0 0 0.0 (0.0) 0.0 0 0 0 0 0
Financing Cash Flow 17.9 (19.6) 97.7 1.1 5.4 100.9 3.4 9.5 89.8 16.9 5.6 0.4 22.5 52.9 (21.3) 0.8 21.9 0.8 0.7 0.7 15.3 3.5 0.8 0.0 1.5 0.2 0.1 2.6 0.2 (0.0) 0.1 0 0 (0.0) 0.1 (0.0) 2.2 0 0 0 0
Cash Position
Net Change in Cash (9.5) (39.5) 65.4 (2.5) (10.0) 1.6 (9.4) (34.3) 82.6 4.8 2.1 (2.7) 0.7 (10.2) (11.6) (6.2) 17.2 0.1 6.7 (13.5) 11.8 2.7 0.4 (1.3) 1.4 (0.1) (0.5) 2.3 0.1 (0.1) (0.2) (0.2) (0.0) (0.1) (0.3) (0.0) 1.9 (0.0) (0.1) (0.0) (0.0)
Cash at Beginning 60.8 100.3 34.9 37.5 47.5 66.7 63.5 97.8 15.2 2.7 0.5 3.2 2.5 12.7 24.2 26.3 9.2 9.1 4.9 18.4 6.6 2.5 2.9 4.2 2.8 2.9 3.4 1.0 0.9 1.1 1.3 1.5 1.6 1.6 1.9 2.0 0.1 0.1 0.2 0.3 0.3
Cash at End 51.3 60.8 100.3 34.9 37.5 68.2 54.1 63.5 97.8 7.5 2.7 0.5 3.2 2.5 12.6 20.1 26.3 9.2 11.6 4.9 18.4 5.2 3.3 2.9 4.2 2.8 2.9 3.4 1.0 0.9 1.1 1.3 1.5 1.6 1.6 1.9 2.0 0.1 0.1 0.2 0.3
Free Cash Flow (22.4) 6.2 (26.3) (14.1) (12.7) 13.5 (6.9) (39.2) (4.6) (27.5) (4.3) (5.6) 32.4 (57.5) 14.6 (6.6) (10.0) 0.1 (2.1) (2.6) (3.0) (0.5) (0.4) (0.6) (0.1) (0.2) (0.6) (0.3) (0.1) (0.0) (0.5) (0.1) (0.0) 0.0 (0.3) (0.0) (0.4) (0.0) (0.1) (0.0) (0.1)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2 2013 Q1 2012 Q4 2012 Q3 2012 Q2 2012 Q1 2011 Q4 2011 Q3 2011 Q2 2011 Q1 2010 Q4 2010 Q3 2010 Q2 2010 Q1
Income Statement
Revenue 18.3 12.4 8.9 3.7 18.2 13.4 9.3 5.3 30.4 0 5.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit (0.1) 4.7 3.9 1.1 (0.0) (3.6) (1.3) (5.1) (0.5) 0 (1.3) 0 0 0 0 0 0 0 0 0 0 (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 (0.0) (0.0) (0.0) 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income (24.5) (16.8) (14.0) (19.3) (15.6) (41.0) (17.4) (23.0) (12.3) (18.7) (7.9) (9.3) (10.5) (7.9) (6.4) (5.5) (4.7) (2.7) (2.5) (1.9) (2.6) (1.0) (0.5) (0.3) (0.1) (0.3) (0.4) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) (0.2) (0.4) (0.2) 1.6 (0.3) (0.8) 0.1 (0.2) (0.1) (0.3) (0.3) (0.1) (0.2) (0.2) (0.3) (0.2) (0.1) (0.1) (0.1)
Net Income 5.4 (21.5) (4.8) (6.3) (24.2) (31.8) (15.8) (22.0) (7.3) (22.1) 6.1 (10.0) (10.1) (7.8) (6.9) (2.2) (5.0) (1.3) (4.2) (1.7) (3.2) (1.0) (0.5) (0.2) (0.1) (0.4) (0.3) (0.5) (0.1) (0.1) (0.1) (0.1) (0.1) (0.0) (0.1) (0.1) (0.1) (0.1) (0.1) (0.1) 0.0 (0.0) 0.1 (0.0) (0.1) (0.2) (0.1) (2.0) (3.2) (1.6) (0.3) (2.2) (0.0) (5.1) (0.1) (0.3) (0.3) (0.1) (0.2) (0.3) (0.3) (0.2) (0.1) (0.1) (0.1)
EPS (Diluted) 0.03 -0.12 -0.04 -0.03 -0.13 -0.18 -0.09 -0.12 -0.04 -0.14 0.04 -0.08 -0.07 -0.08 -0.06 -0.03 -0.04 -0.03 -0.06 -0.03 -0.06 -0.02 -0.01 -0.01 -0.00 -0.01 -0.01 -0.01 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.01 -0.01 -0.11 -0.20 -0.10 -0.02 -0.17 -0.02 -0.77 -0.01 -0.04 -0.04 -0.01 -0.02 -0.04 -0.05 -0.03 -0.03 -0.04 -0.06
Balance Sheet
Cash & Equivalents 41.6 52.4 91.9 26.9 29.7 39.7 46.3 76.3 90.1 7.5 2.7 0.5 3.2 2.5 12.7 26.0 26.4 9.2 11.6 4.9 18.4 6.6 2.5 2.9 3.0 2.1 2.9 3.4 1.0 0.9 1.1 1.3 1.5 1.6 1.6 1.9 2.0 0.1 0.1 0.2 0.3 1.7
Total Assets 451.7 430.4 441.9 359.4 362.6 392.7 419.2 581.9 424.8 326.6 315.9 299.1 303.6 223.5 172.1 226.9 176.4 159.4 36.3 34.0 35.7 23.4 7.4 9.5 7.2 6.3 8.4 8.6 6.4 6.4 5.8 6.1 6.1 5.7 5.7 5.9 6.1 4.1 4.0 3.9 4.0 1.7
Total Debt 113.5 113.2 109.8 10.3 10.3 20.4 21.6 29.0 20.7 19.7 39.9 57.5 57.3 0.2 0.2 0.3 0.2 0.2 0.3 0.0 0.0 0.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stockholders' Equity 254.8 229.2 248.6 264.7 267.9 285.7 342.8 480.0 350.1 262.0 263.4 228.8 234.0 215.1 166.4 219.2 170.0 149.1 25.1 27.2 28.4 15.9 7.3 9.4 6.9 6.1 8.1 8.1 6.1 6.0 5.5 5.6 5.7 5.5 5.4 5.7 5.9 3.7 3.6 3.6 3.7 1.7
Cash Flow
Operating Cash Flow (21.4) 12.9 (20.3) (9.9) (7.7) (8.3) (5.5) (37.1) (3.0) (14.7) (2.8) 1.2 34.4 (54.5) 17.5 (2.9) (8.3) 0.7 (1.2) (1.3) (2.7) (0.5) (0.2) (0.6) (0.0) (0.2) (0.3) (0.3) (0.1) 0.1 (0.3) (0.0) (0.0) (0.1) (0.1) (0.0) (0.1) (0.1) (0.0) (0.0) (0.0)
Capital Expenditure (1.0) (6.8) (6.0) (4.2) (5.0) 21.8 (1.5) (2.2) (1.6) (12.8) (1.5) (6.7) (1.9) (3.0) (2.9) (3.8) (1.7) (0.6) (1.0) (1.3) (0.3) 0.0 (0.2) (0.0) (0.1) (0.1) (0.2) (0.0) (0.0) (0.1) (0.2) (0.0) (0.0) 0.1 (0.2) (0.0) (0.3) 0.0 (0.1) (0.0) (0.1)
Free Cash Flow (22.4) 6.2 (26.3) (14.1) (12.7) 13.5 (6.9) (39.2) (4.6) (27.5) (4.3) (5.6) 32.4 (57.5) 14.6 (6.6) (10.0) 0.1 (2.1) (2.6) (3.0) (0.5) (0.4) (0.6) (0.1) (0.2) (0.6) (0.3) (0.1) (0.0) (0.5) (0.1) (0.0) 0.0 (0.3) (0.0) (0.4) (0.0) (0.1) (0.0) (0.1)