Asset Management - Income

Category: Industry Averages Base Ticker: HIMYX

Methodology: Industry metrics are calculated using the Top 100 companies by revenue within the industry. Values shown represent averages, not aggregates, and are winsorized at the 80/20 percentile to reduce the impact of extreme outliers. All financials are USD-normalized and intended to reflect the core economic structure of the industry.

Industry Enterprise Value

Metric	MRQ	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
Stock Price	9.55	12.56	10.14	10.23	14.02	13.41	14.76	11.79	12.82	12.56	13.39	14.31	12.85	12.60	7.46	7.67	4.95	4.27	6.36	6.52	6.44	4.86	6.40	6.00	6.35	8.64	8.38	9.42	9.97	10.90	11.99
Market Capitalization	699.40M	842.11M	689.32M	710.31M	948.90M	717.80M	881.63M	673.72M	858.64M	779.57M	751.06M	757.17M	714.82M	552.97M	225.49M	234.12M	179.30M	185.01M	258.44M	267.48M	251.00M	200.77M	182.68M	168.79M	220.69M	282.30M	294.47M	338.58M	251.06M	334.25M	370.88M
(-) Cash & Equivalents	7.52M	5.86M	4.78M	9.70M	7.70M	1.47M	3.84M	5.34M	5.67M	4.50M	4.14M	4.18M	4.60M	3.05M	1.82M	1.81M	2.70M	4.03M	2.17M	2.73M	2.43M	1.40M	1.02M	0.39M	0.76M	0.16M	0.54M	0.13M	0.33M	0.48M	0.10M
(+) Total Debt	175.85M	247.24M	179.88M	188.33M	278.57M	173.95M	194.68M	105.70M	162.27M	167.80M	159.74M	179.69M	152.42M	0.00M	10.78M	7.06M	5.01M	5.05M	5.83M	6.37M	2.49M	1.76M	0.41M	1.12M	7.46M	1.93M	7.09M	15.24M	13.75M	21.98M	28.88M
Enterprise Value	907.25M	1,117.15M	834.95M	893.76M	1,189.30M	886.13M	1,126.78M	812.20M	1,039.01M	962.87M	899.57M	944.20M	876.96M	602.59M	242.43M	237.89M	185.60M	200.62M	265.22M	282.28M	254.50M	219.13M	203.24M	198.39M	224.72M	287.44M	312.95M	361.10M	315.45M	356.39M	397.53M

Industry Income Statement

Metric	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	153.437M	119.450M	67.329M	73.369M	155.509M	65.110M	113.285M	46.974M	108.542M	73.574M	64.572M	72.897M	68.377M	50.127M	30.440M	10.397M	-5.292M	24.245M	31.091M	28.456M	32.736M	17.066M	16.784M	21.092M	27.470M	26.965M	25.813M	19.610M	30.026M	31.826M
Cost of Revenue	12.254M	3.522M	7.633M	5.088M	9.258M	6.714M	8.420M	4.393M	7.560M	5.581M	2.437M	1.313M	0.000M	0.000M	0.140M	0.883M	1.428M	1.658M	1.360M	1.344M	0.640M	1.177M	1.176M	1.202M	1.398M	1.507M	1.685M	1.881M	2.282M	2.739M
Gross Profit	141.183M	115.927M	59.696M	68.281M	146.251M	58.396M	104.865M	42.581M	100.983M	67.993M	62.135M	71.584M	68.377M	50.127M	30.301M	9.514M	-6.720M	22.587M	29.731M	27.112M	32.096M	15.889M	15.608M	19.890M	26.072M	25.458M	24.128M	17.729M	27.744M	29.086M
Gross Margin	92.01%	97.05%	88.66%	93.07%	94.05%	89.69%	92.57%	90.65%	93.04%	92.41%	96.23%	98.20%	100.00%	100.00%	99.54%	91.50%	126.99%	93.16%	95.63%	95.28%	98.04%	93.11%	92.99%	94.30%	94.91%	94.41%	93.47%	90.41%	92.40%	91.39%
R&D Expenses	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M
SG&A Expenses	0.899M	2.058M	4.342M	3.638M	1.552M	2.628M	2.507M	2.852M	2.760M	4.342M	6.464M	6.130M	6.107M	4.491M	0.888M	0.802M	0.776M	1.081M	1.107M	1.102M	1.009M	1.137M	0.650M	1.187M	1.829M	1.182M	1.107M	1.118M	1.330M	1.101M
Operating Expenses	0.899M	2.058M	4.342M	3.638M	1.552M	2.628M	2.507M	2.852M	2.760M	4.342M	6.464M	6.130M	6.107M	4.491M	0.888M	0.802M	0.776M	1.081M	1.107M	1.102M	1.009M	1.137M	0.650M	1.187M	1.829M	1.182M	1.107M	1.118M	1.330M	1.101M
Operating Income	140.284M	113.869M	55.354M	64.643M	144.699M	55.768M	102.358M	39.729M	98.223M	63.651M	55.671M	65.455M	62.270M	45.635M	29.413M	8.712M	-7.496M	21.505M	28.625M	26.010M	31.087M	14.753M	14.958M	18.703M	24.243M	24.276M	23.021M	16.611M	26.414M	27.986M
Operating Margin	91.43%	95.33%	82.21%	88.11%	93.05%	85.65%	90.35%	84.58%	90.49%	86.51%	86.22%	89.79%	91.07%	91.04%	96.62%	83.79%	141.66%	88.70%	92.07%	91.41%	94.96%	86.45%	89.12%	88.67%	88.25%	90.03%	89.18%	84.71%	87.97%	87.93%
Interest Income	0.076M	34.249M	23.545M	13.005M	18.805M	13.633M	21.471M	17.919M	17.296M	2.158M	1.672M	1.887M	1.511M	2.359M	0.192M	0.180M	0.208M	0.085M	0.026M	0.003M	0.007M	0.001M	0.006M	0.010M	0.000M	0.000M	0.000M	0.000M	0.000M	0.000M
Interest Expense	4.285M	12.124M	7.638M	2.755M	2.248M	2.645M	5.928M	2.533M	2.667M	1.069M	0.641M	1.146M	0.359M	0.118M	0.824M	2.351M	-3.548M	3.902M	3.317M	2.409M	2.257M	1.174M	-6.256M	0.902M	-8.643M	-9.656M	-6.173M	6.772M	4.848M	8.618M
Net Interest Income	-4.209M	22.125M	15.906M	10.250M	16.557M	10.988M	15.542M	15.386M	14.629M	1.090M	1.030M	0.741M	1.153M	2.241M	-0.632M	-2.171M	3.757M	-3.817M	-3.291M	-2.406M	-2.250M	-1.173M	6.262M	-0.892M	8.643M	9.656M	6.173M	-6.772M	-4.848M	-8.618M
Other Income / Expense	0.687M	-1.347M	-22.882M	-146.684M	15.989M	-19.183M	-13.621M	-23.054M	-0.675M	0.094M	-21.875M	22.918M	5.036M	24.225M	4.921M	12.235M	-36.659M	8.941M	5.847M	9.291M	3.519M	10.280M	-14.651M	-11.357M	-21.464M	-29.854M	-23.927M	21.672M	7.207M	21.218M
Pre-Tax Income	136.761M	134.647M	48.378M	-71.790M	177.246M	47.573M	104.280M	32.060M	112.177M	64.835M	34.826M	89.114M	68.459M	72.101M	33.701M	18.776M	-40.398M	26.629M	31.181M	32.895M	32.356M	23.860M	6.569M	6.455M	11.422M	4.078M	5.267M	31.512M	28.774M	40.586M
Pre-Tax Margin	89.13%	112.72%	71.85%	-97.85%	113.98%	73.06%	92.05%	68.25%	103.35%	88.12%	53.93%	122.25%	100.12%	143.84%	110.71%	180.59%	763.42%	109.83%	100.29%	115.60%	98.84%	139.81%	39.14%	30.60%	41.58%	15.12%	20.41%	160.69%	95.83%	127.52%
Income Tax Expense	0.000M	0.000M	0.039M	0.000M	0.003M	0.000M	0.234M	-3.703M	29.453M	5.830M	0.099M	0.308M	5.124M	17.339M	0.030M	0.081M	0.288M	0.054M	0.028M	0.049M	0.048M	0.080M	0.175M	0.431M	2.823M	2.756M	2.793M	-0.614M	1.545M	-4.804M
Tax Rate	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%	0.22%	0.00%	26.26%	8.99%	0.28%	0.35%	7.48%	24.05%	0.09%	0.43%	0.00%	0.20%	0.09%	0.15%	0.15%	0.34%	2.66%	6.67%	24.71%	35.00%	35.00%	0.00%	5.37%	0.00%
Net Income	136.761M	134.647M	48.338M	-71.790M	177.242M	47.573M	104.046M	35.764M	82.724M	59.005M	34.727M	88.806M	63.335M	54.762M	33.672M	18.695M	-40.687M	26.575M	31.153M	32.846M	32.307M	23.780M	6.394M	6.024M	8.599M	1.322M	2.475M	32.125M	27.229M	45.390M
Net Margin	89.13%	112.72%	71.79%	-97.85%	113.98%	73.06%	91.84%	76.13%	76.21%	80.20%	53.78%	121.82%	92.63%	109.25%	110.61%	179.81%	768.87%	109.61%	100.20%	115.43%	98.69%	139.34%	38.10%	28.56%	31.30%	4.90%	9.59%	163.82%	90.68%	142.62%
EBIT	140.284M	113.869M	55.354M	64.643M	144.699M	55.768M	102.358M	39.729M	98.223M	63.651M	55.671M	65.455M	62.270M	45.635M	29.413M	8.712M	-7.496M	21.505M	28.625M	26.010M	31.087M	14.753M	14.958M	18.703M	24.243M	24.276M	23.021M	16.611M	26.414M	27.986M
Depreciation & Amortization	-19.768M	-7.859M	-21.950M	-18.286M	-19.595M	-15.751M	-31.315M	-28.880M	-39.692M	-41.518M	-45.886M	-39.053M	-49.060M	-26.870M	0.202M	9.661M	-34.716M	6.292M	4.829M	2.244M	1.694M	13.720M	-12.717M	-7.672M	-21.266M	-27.240M	-16.755M	17.903M	3.242M	35.509M
EBITDA	120.516M	106.010M	33.404M	46.357M	125.105M	40.017M	71.043M	10.849M	58.531M	22.133M	9.785M	26.401M	13.210M	18.766M	29.615M	18.373M	-42.213M	27.797M	33.454M	28.255M	32.781M	28.473M	2.241M	11.032M	2.977M	-2.964M	6.266M	34.513M	29.656M	63.495M
EBITDA Margin	78.54%	88.75%	49.61%	63.18%	80.45%	61.46%	62.71%	23.10%	53.92%	30.08%	15.15%	36.22%	19.32%	37.44%	97.29%	176.71%	797.71%	114.65%	107.60%	99.29%	100.14%	166.84%	13.35%	52.30%	10.84%	-10.99%	24.27%	176.00%	98.77%	199.51%
NOPAT	140.284M	113.869M	55.309M	64.643M	144.697M	55.768M	102.128M	39.729M	72.434M	57.928M	55.513M	65.228M	57.609M	34.661M	29.387M	8.674M	-7.496M	21.462M	28.599M	25.971M	31.040M	14.703M	14.560M	17.456M	18.251M	15.780M	14.963M	16.611M	24.996M	27.986M
NOPAT Margin	91.43%	95.33%	82.15%	88.11%	93.05%	85.65%	90.15%	84.58%	66.73%	78.73%	85.97%	89.48%	84.25%	69.15%	96.54%	83.43%	141.66%	88.52%	91.99%	91.27%	94.82%	86.16%	86.75%	82.76%	66.44%	58.52%	57.97%	84.71%	83.25%	87.93%
Owner's Earnings	116.994M	126.788M	26.389M	-90.076M	157.647M	31.822M	72.730M	6.883M	43.032M	17.486M	-11.159M	49.753M	14.276M	27.892M	33.874M	28.357M	-75.403M	32.868M	35.983M	35.091M	34.001M	37.500M	-6.323M	-1.648M	-12.667M	-25.918M	-14.280M	50.028M	30.471M	80.899M
Owner's Earnings Margin	76.25%	106.14%	39.19%	-122.77%	101.37%	48.87%	64.20%	14.65%	39.65%	23.77%	-17.28%	68.25%	20.88%	55.64%	111.28%	272.74%	1,424.92%	135.56%	115.73%	123.32%	103.87%	219.73%	-37.67%	-7.81%	-46.11%	-96.12%	-55.32%	255.12%	101.48%	254.19%
EPS	1.28	1.48	0.47	-0.70	2.28	0.69	1.46	0.46	0.91	0.74	0.51	1.32	0.90	0.98	0.78	0.38	-0.80	0.51	0.58	0.68	0.62	0.75	0.29	0.16	0.22	0.03	0.06	1.38	0.69	1.10
EPS (Diluted)	1.28	1.48	0.47	-0.70	2.28	0.69	1.46	0.46	0.91	0.74	0.51	1.32	0.90	0.98	0.78	0.38	-0.80	0.51	0.58	0.68	0.62	0.75	0.29	0.16	0.22	0.03	0.06	1.38	0.69	1.10
Shares (Diluted)	106,492,701	91,023,314	101,841,247	102,106,356	77,694,920	68,471,019	71,272,263	78,276,168	91,181,681	80,033,897	67,584,806	67,333,648	70,266,174	55,987,955	43,416,374	49,019,368	50,714,410	51,639,689	54,170,823	48,440,634	52,458,256	31,820,854	21,987,759	37,360,429	38,816,727	40,005,455	39,750,727	23,316,364	39,519,200	41,098,750

Industry Balance Sheet

Metric	MRQ	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
Cash & Cash Equivalents	9.08M	5.94M	5.04M	9.68M	8.41M	1.61M	3.66M	5.11M	5.23M	4.66M	4.13M	4.14M	4.51M	2.99M	1.94M	1.72M	2.67M	4.03M	2.13M	2.73M	2.43M	1.44M	1.02M	0.39M	0.76M	0.16M	0.54M	0.28M	0.54M	0.48M	0.12M
Short-Term Investments	2.36M	2.53M	3.48M	1.48M	2.67M	2.68M	4.13M	2.86M	6.73M	3.64M	1.60M	0.32M	0.37M	0.09M	0.47M	0.84M	0.73M	1.24M	1.04M	0.68M	0.59M	0.00M	0.08M	0.00M	0.00M	0.07M	0.05M	0.00M	0.00M	0.00M	0.00M
Cash & Short-Term Investments	11.44M	8.47M	8.52M	11.16M	11.08M	4.29M	7.80M	7.97M	11.96M	8.30M	5.73M	4.46M	4.87M	3.07M	2.41M	2.56M	3.40M	5.28M	3.16M	3.41M	3.02M	1.44M	1.10M	0.39M	0.76M	0.23M	0.59M	0.28M	0.54M	0.48M	0.12M
Net Receivables	14.38M	12.43M	11.81M	12.59M	15.23M	9.59M	13.92M	12.31M	15.28M	15.19M	13.58M	16.95M	15.74M	9.86M	3.87M	3.20M	2.22M	2.88M	3.49M	3.00M	3.06M	3.25M	4.01M	4.45M	6.47M	13.87M	10.20M	14.00M	20.14M	11.76M	24.28M
Inventory	0.00M	0.00M	0.00M	0.00M	1.91M	0.00M	6.61M	1.26M	1.36M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Assets	-0.23M	-3.95M	-1.93M	-1.49M	-2.30M	-3.34M	-6.56M	1.81M	0.17M	2.49M	3.91M	3.87M	4.43M	1.87M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.03M	0.14M	0.26M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Current Assets	25.59M	16.95M	18.41M	22.26M	25.92M	10.53M	21.76M	23.35M	28.77M	25.98M	23.22M	25.27M	25.05M	14.80M	6.28M	5.76M	5.62M	8.16M	6.65M	6.41M	6.08M	4.69M	5.14M	4.98M	7.50M	14.10M	10.79M	14.28M	20.69M	12.24M	24.39M
Property, Plant & Equipment	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Goodwill	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Intangible Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Investments	0.39M	965.84M	897.81M	923.68M	1,177.72M	937.80M	1,113.79M	758.05M	1,084.38M	884.02M	817.50M	884.66M	816.13M	687.04M	252.39M	243.38M	193.16M	222.23M	304.74M	282.63M	286.43M	255.08M	225.15M	205.22M	235.70M	330.05M	363.41M	417.51M	413.82M	402.55M	473.28M
Tax Assets	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.16M	0.14M	0.30M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Assets	560.32M	76.46M	2.35M	1.50M	-101.56M	-35.60M	-193.86M	-581.29M	-964.68M	-251.43M	-252.05M	-361.73M	-347.30M	-685.78M	-216.86M	-221.86M	-181.95M	-206.50M	-293.43M	-278.86M	-284.54M	-261.03M	-224.33M	-206.31M	-238.84M	-330.05M	-363.41M	-408.17M	-363.26M	-336.37M	-473.28M
Other Assets	0.00M	2.62M	0.25M	1.51M	0.68M	243.56M	1.16M	7.64M	1.08M	1.01M	0.21M	0.37M	0.17M	1.84M	0.13M	0.06M	0.07M	0.69M	0.05M	0.52M	0.43M	11.27M	0.05M	0.05M	0.56M	0.04M	0.04M	0.78M	6.25M	0.14M	0.66M
Total Non-Current Assets	560.71M	1,044.92M	900.40M	926.69M	1,076.84M	1,145.76M	921.09M	184.40M	120.78M	633.60M	565.65M	523.31M	469.00M	3.11M	35.66M	21.58M	11.27M	16.42M	11.36M	4.29M	2.32M	5.31M	1.03M	-0.91M	-2.29M	0.04M	0.04M	10.12M	56.81M	66.32M	0.66M
Total Assets	586.30M	1,061.87M	918.81M	948.96M	1,102.76M	1,156.30M	942.84M	207.75M	149.55M	659.58M	588.88M	548.59M	494.04M	17.91M	41.93M	27.34M	16.89M	24.58M	18.01M	10.70M	8.40M	10.00M	6.17M	4.07M	5.21M	14.13M	10.83M	24.41M	77.50M	78.56M	25.05M
Accounts Payable	15.02M	8.69M	5.84M	5.55M	10.91M	4.92M	8.52M	7.28M	8.32M	8.69M	6.24M	10.73M	10.67M	3.44M	1.39M	2.75M	2.32M	3.02M	3.06M	1.50M	2.58M	4.79M	3.93M	0.13M	0.23M	0.65M	0.16M	0.93M	7.71M	4.53M	0.53M
Short-Term Debt	12.25M	16.52M	16.79M	16.47M	31.07M	15.67M	12.74M	0.00M	4.84M	21.83M	23.72M	19.90M	23.28M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.04M	0.25M	7.17M	1.03M	6.89M	39.93M	24.70M	21.70M	33.00M
Tax Payables	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.01M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Revenue	0.00M	0.00M	0.00M	-4.05M	-7.84M	-0.31M	-31.50M	0.00M	-4.96M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Current Liabilities	-12.25M	-1.15M	-1.06M	0.52M	-2.75M	-1.34M	5.36M	2.39M	-7.61M	2.09M	3.04M	2.54M	3.03M	32.56M	-0.92M	-0.91M	-2.08M	-3.10M	-2.80M	-3.69M	-6.74M	-7.54M	-3.97M	0.05M	0.18M	-0.63M	-0.14M	2.70M	0.14M	0.18M	0.60M
Total Current Liabilities	15.02M	24.05M	21.57M	18.49M	31.40M	18.94M	-4.89M	9.68M	0.60M	32.61M	33.00M	33.18M	36.98M	36.00M	0.47M	1.84M	0.23M	-0.09M	0.26M	-2.18M	-4.16M	-2.75M	0.00M	0.43M	7.60M	1.05M	6.91M	43.56M	32.56M	26.42M	34.13M
Long-Term Debt	189.93M	191.99M	121.85M	166.55M	211.20M	160.41M	129.61M	115.80M	111.50M	146.21M	137.17M	105.90M	118.05M	30.96M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Capital Lease Obligations	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Tax Liabilities	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Non-Current Liabilities	52.89M	20.43M	9.77M	1.03M	1.43M	0.03M	0.00M	-67.37M	-41.31M	-1.41M	-0.02M	0.02M	-0.45M	-24.40M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.01M	0.01M	0.57M	0.00M	1.64M	3.28M	0.72M	0.43M
Total Non-Current Liabilities	242.82M	212.42M	131.62M	167.58M	212.63M	160.44M	129.61M	48.42M	70.18M	144.80M	137.15M	105.92M	117.61M	6.57M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.01M	0.01M	0.57M	0.00M	1.64M	3.28M	0.72M	0.43M
Total Liabilities	257.84M	236.47M	153.20M	186.07M	244.03M	179.38M	124.72M	58.10M	70.78M	177.41M	170.15M	139.10M	154.58M	42.57M	0.47M	1.84M	0.23M	-0.09M	0.26M	-2.18M	-4.16M	-2.75M	0.00M	0.44M	7.60M	1.62M	6.91M	45.20M	35.83M	27.14M	34.56M
Preferred Stock	0.00M	0.00M	0.03M	32.60M	0.00M	6.30M	20.33M	46.79M	15.78M	0.00M	0.15M	0.00M	1.98M	47.55M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock	308.17M	251.42M	216.41M	274.35M	222.74M	211.95M	208.98M	174.46M	201.10M	224.98M	215.66M	243.59M	245.46M	153.74M	6.10M	4.85M	8.84M	12.57M	8.99M	9.31M	8.58M	8.91M	21.51M	2.00M	2.07M	1.40M	1.51M	26.66M	26.76M	26.76M	1.06M
Retained Earnings	-121.46M	-32.48M	-49.91M	-19.64M	158.86M	136.74M	122.70M	10.79M	6.71M	-3.78M	-7.99M	23.64M	16.08M	-11.68M	-3.49M	-0.32M	1.26M	2.46M	4.34M	1.75M	0.75M	0.31M	0.51M	-1.29M	-4.05M	-4.96M	-1.59M	-0.33M	-0.14M	-0.22M	-0.64M
Accumulated OCI	0.00M	0.00M	0.00M	0.00M	4.65M	0.25M	4.82M	0.78M	84.41M	27.62M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-6.74M	0.90M	3.29M	2.59M	0.81M	-0.92M	-6.36M	1.99M	-6.17M	-13.16M	69.07M	74.27M	51.89M	121.38M
Minority Interest	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Total Shareholders’ Equity	186.71M	218.94M	166.53M	287.32M	386.25M	355.24M	356.82M	232.82M	308.00M	248.83M	207.82M	267.23M	263.52M	189.61M	2.61M	4.53M	10.10M	8.29M	14.23M	14.34M	11.93M	10.03M	21.10M	-5.65M	0.01M	-9.73M	-13.23M	95.39M	100.89M	78.42M	121.79M
Total Equity	186.71M	218.94M	166.53M	287.32M	386.25M	355.24M	356.82M	232.82M	308.00M	248.83M	207.82M	267.23M	263.52M	189.61M	2.61M	4.53M	10.10M	8.29M	14.23M	14.34M	11.93M	10.03M	21.10M	-5.65M	0.01M	-9.73M	-13.23M	95.39M	100.89M	78.42M	121.79M
Total Liabilities & Equity	444.55M	455.41M	319.72M	473.39M	630.28M	534.62M	481.54M	290.92M	378.78M	426.24M	377.97M	406.33M	418.11M	232.18M	3.08M	6.37M	10.33M	8.21M	14.50M	12.16M	7.77M	7.29M	21.10M	-5.21M	7.61M	-8.10M	-6.32M	140.59M	136.72M	105.56M	156.35M
Tangible Assets	586.30M	1,061.87M	918.81M	948.96M	1,102.76M	1,156.30M	942.84M	207.75M	149.55M	659.58M	588.88M	548.59M	494.04M	17.91M	41.93M	27.34M	16.89M	24.58M	18.01M	10.70M	8.40M	10.00M	6.17M	4.07M	5.21M	14.13M	10.83M	24.41M	77.50M	78.56M	25.05M
Tangible Equity	186.71M	218.94M	166.53M	287.32M	386.25M	355.24M	356.82M	232.82M	308.00M	248.83M	207.82M	267.23M	263.52M	189.61M	2.61M	4.53M	10.10M	8.29M	14.23M	14.34M	11.93M	10.03M	21.10M	-5.65M	0.01M	-9.73M	-13.23M	95.39M	100.89M	78.42M	121.79M
Tangible Book Value	186.71M	218.94M	166.53M	287.32M	386.25M	355.24M	356.82M	232.82M	308.00M	248.83M	207.82M	267.23M	263.52M	189.61M	2.61M	4.53M	10.10M	8.29M	14.23M	14.34M	11.93M	10.03M	21.10M	-5.65M	0.01M	-9.73M	-13.23M	95.39M	100.89M	78.42M	121.79M
Total Investments	8.46M	981.43M	919.09M	941.44M	1,193.30M	941.73M	1,128.92M	766.58M	1,058.94M	639.40M	819.80M	884.88M	816.59M	687.26M	260.59M	259.64M	211.13M	242.20M	345.34M	315.28M	324.54M	259.26M	232.68M	215.76M	247.76M	330.05M	363.41M	417.51M	413.82M	402.55M	473.28M
Net Debt	193.10M	202.57M	133.61M	173.34M	233.86M	174.47M	138.69M	110.69M	111.11M	163.37M	156.75M	121.66M	136.83M	27.98M	-1.94M	-1.72M	-2.67M	-4.03M	-2.13M	-2.73M	-2.43M	-1.44M	-0.97M	-0.14M	6.41M	0.87M	6.35M	39.65M	24.16M	21.22M	32.88M

Industry Capital

Metric	MRQ	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
Working Capital	13.15M	0.86M	0.05M	11.00M	8.16M	-5.92M	9.40M	-7.87M	9.10M	-54.57M	-52.81M	-40.62M	-35.05M	-33.73M	1.87M	0.67M	-0.28M	3.94M	-3.76M	-2.51M	-4.44M	-1.68M	-0.44M	-2.61M	-0.86M	-0.98M	-4.52M	-51.36M	-13.70M	-15.77M	-11.40M
Total Capital	973.31M	1,249.29M	1,029.29M	1,046.42M	1,403.64M	1,039.51M	1,234.88M	836.36M	1,189.73M	1,090.78M	1,028.56M	1,047.54M	985.02M	617.77M	244.10M	242.79M	191.83M	212.86M	304.32M	309.31M	297.22M	238.32M	195.84M	188.96M	254.86M	325.71M	351.01M	434.23M	410.89M	405.51M	481.15M
Capital Employed	1,042.71M	1,236.82M	1,094.99M	1,054.44M	1,469.35M	1,102.69M	1,383.56M	985.83M	1,360.63M	1,172.35M	1,057.15M	1,075.02M	960.43M	730.18M	284.70M	272.58M	220.75M	247.44M	343.62M	325.96M	328.57M	285.72M	248.14M	220.51M	254.87M	332.06M	370.43M	401.02M	402.57M	386.15M	456.86M
Invested Capital	964.23M	1,243.34M	1,024.26M	1,036.73M	1,395.23M	1,037.90M	1,231.22M	831.25M	1,184.50M	1,086.12M	1,024.42M	1,043.40M	980.52M	614.78M	242.16M	241.07M	189.16M	208.83M	302.19M	306.57M	294.79M	236.89M	194.82M	188.57M	254.09M	325.55M	350.48M	433.95M	410.35M	405.03M	481.04M

Industry Cash Flow Statement

Metric	TTM	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
Depreciation & Amortization	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Deferred Income Tax	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Stock-Based Compensation	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Change in Working Capital	1.25M	-0.41M	1.01M	-0.19M	0.31M	0.64M	0.03M	0.10M	0.06M	-1.07M	3.06M	0.14M	-0.79M	0.03M	-0.13M	0.19M	0.55M	4.03M	0.26M	0.72M	0.18M	0.76M	0.24M	-0.04M	-3.39M	4.72M	18.54M	12.26M	5.84M	11.40M	2.31M
Accounts Receivable	0.18M	-0.54M	0.38M	0.29M	-0.91M	0.44M	-0.32M	0.06M	0.61M	-0.78M	0.19M	-0.10M	-0.08M	-0.03M	0.00M	0.00M	0.00M	0.00M	-0.02M	0.00M	0.00M	0.00M	0.20M	0.38M	0.02M	0.00M	0.14M	-0.27M	0.09M	0.10M	-0.40M
Inventory	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Accounts Payable	-0.18M	0.47M	0.02M	-0.05M	0.34M	0.00M	0.03M	0.00M	-0.02M	0.01M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.02M	0.00M	0.00M	-0.19M	0.00M	0.00M	0.00M	0.00M	0.62M	3.92M	-0.75M	0.00M	0.00M
Other Working Capital	0.35M	-0.04M	0.32M	0.14M	0.16M	-0.24M	0.17M	0.01M	-0.01M	-0.04M	0.03M	0.00M	-0.06M	0.00M	0.00M	0.00M	0.73M	0.00M	4.25M	0.04M	0.00M	0.25M	3.77M	0.02M	0.00M	4.70M	6.98M	1.90M	20.55M	2.86M	2.45M
Other Non-Cash Items	-16.47M	-86.95M	25.29M	152.58M	-163.72M	6.19M	-46.03M	-14.43M	-54.48M	3.45M	7.67M	-53.71M	-44.58M	-57.69M	1.34M	-10.43M	-4.27M	14.96M	-0.12M	-3.42M	-3.46M	-1.07M	-0.63M	0.03M	3.12M	-0.46M	1.48M	1.05M	-6.51M	-3.61M	-20.16M
Net Cash from Operating Activities	81.07M	37.02M	61.38M	52.66M	26.68M	45.87M	47.54M	13.87M	49.20M	47.91M	39.32M	39.68M	25.37M	18.03M	8.79M	22.82M	28.56M	3.92M	33.98M	24.02M	25.89M	19.07M	36.14M	5.84M	5.97M	11.29M	29.01M	15.83M	29.77M	35.46M	30.51M
Capital Expenditures (PPE)	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Acquisitions (Net)	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Purchases of Investments	-715.40M	-332.64M	-178.86M	-234.55M	-322.80M	-183.56M	-233.79M	-120.38M	-250.00M	-110.74M	0.00M	0.00M	0.00M	0.00M	-0.89M	-0.40M	-0.58M	-0.65M	-0.54M	-0.54M	-1.08M	-1.66M	-1.88M	-3.60M	-7.93M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Sales / Maturities of Investments	738.11M	348.99M	203.15M	239.29M	284.59M	172.38M	234.55M	113.09M	234.90M	93.85M	0.00M	0.00M	0.00M	0.00M	1.06M	0.08M	0.60M	0.80M	0.50M	0.49M	0.60M	2.20M	1.88M	1.64M	3.09M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Investing Activities	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.54M	0.00M	0.00M	0.00M	0.00M	0.31M	0.00M
Net Cash from Investing Activities	14.22M	2.64M	13.89M	5.25M	-18.91M	5.14M	4.87M	-13.61M	-9.13M	-0.57M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.14M	0.00M	0.00M	0.35M	-0.30M	-0.31M	0.38M	-2.03M	-7.58M	-0.74M	0.00M	0.00M	0.00M	0.30M	-0.17M
Net Debt Issuance	6.04M	3.77M	-4.57M	-0.57M	17.92M	-1.75M	-0.18M	1.47M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Long-Term Debt Issuance	-1.07M	3.37M	-1.98M	-0.08M	17.65M	-1.72M	0.66M	1.44M	0.01M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Short-Term Debt Issuance	3.41M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Stock Issuance	2.97M	3.93M	0.48M	4.99M	2.19M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.22M	0.04M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	11.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock Issuance	15.89M	6.58M	1.19M	6.86M	5.80M	0.00M	1.13M	0.76M	0.41M	0.00M	0.00M	0.00M	0.00M	0.00M	0.63M	0.56M	0.14M	0.01M	0.00M	0.00M	0.00M	0.00M	0.01M	0.00M	11.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Common Stock Repurchased	-9.68M	-2.94M	-0.38M	-0.01M	0.00M	-0.01M	-1.05M	-0.04M	-0.44M	-0.46M	0.00M	-0.03M	0.00M	0.00M	-0.11M	-0.58M	-0.28M	-0.19M	-0.10M	-0.13M	-0.01M	-0.01M	0.05M	0.08M	0.14M	0.11M	6.31M	6.83M	1.08M	0.47M	0.49M
Preferred Stock Issuance	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Dividends Paid	-138.37M	-64.00M	-53.53M	-52.35M	-56.65M	-33.93M	-44.71M	-24.91M	-48.66M	-44.30M	-39.63M	-38.45M	-30.74M	-19.92M	-6.26M	-5.17M	-2.08M	-2.46M	-1.30M	-0.55M	-1.04M	-0.15M	-0.05M	0.00M	-1.54M	-2.32M	-2.39M	-2.72M	-2.98M	-2.99M	-4.07M
Common Dividends Paid	-97.36M	-64.89M	-53.02M	-52.37M	-55.98M	-33.49M	-44.75M	-23.84M	-48.28M	-42.19M	-37.51M	-37.10M	-29.36M	-20.04M	-7.59M	-5.40M	-1.73M	-1.67M	-1.23M	-0.49M	-1.04M	-0.06M	-0.05M	0.00M	-1.54M	-2.32M	-2.39M	-2.72M	-2.98M	-2.99M	-4.07M
Preferred Dividends Paid	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Other Financing Activities	3.58M	-0.14M	-0.74M	-2.06M	-0.04M	-0.21M	0.18M	3.74M	-0.18M	-3.82M	-0.46M	0.44M	10.55M	4.74M	-0.81M	-6.07M	-13.14M	-23.56M	-15.49M	-14.28M	-2.10M	-5.50M	-7.55M	-4.65M	-7.12M	-25.51M	-19.11M	-9.14M	-5.77M	-11.75M	-4.26M
Net Cash from Financing Activities	-84.53M	-36.55M	-58.74M	-54.57M	-10.15M	-34.10M	-38.62M	-13.60M	-25.58M	-45.04M	-36.85M	-33.27M	-14.30M	-13.01M	-13.53M	-19.39M	-22.10M	-35.36M	-30.17M	-17.06M	-13.21M	-14.62M	-15.01M	-3.02M	-4.07M	-36.75M	-31.53M	-26.45M	-24.86M	-23.48M	-23.89M
Effect of FX on Cash	-0.29M	0.00M	0.04M	-10.57M	4.87M	-0.47M	-7.37M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	-0.01M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Net Change in Cash	3.18M	0.31M	-0.58M	-0.77M	-1.32M	0.66M	1.34M	-2.20M	3.15M	-0.48M	0.23M	0.88M	1.18M	-0.16M	-0.48M	0.46M	3.98M	-11.79M	0.67M	3.07M	-0.39M	4.56M	6.89M	-1.39M	-6.42M	-22.57M	8.42M	6.34M	3.81M	1.52M	4.87M
Cash at Beginning of Period	5.94M	5.02M	8.88M	11.48M	9.44M	2.74M	5.38M	5.65M	5.08M	5.00M	3.10M	2.97M	1.12M	1.07M	1.50M	2.51M	3.53M	1.68M	2.70M	2.11M	2.87M	1.34M	0.34M	0.55M	0.55M	0.23M	0.28M	0.54M	0.48M	0.41M	0.22M
Cash at End of Period	14.01M	6.62M	6.32M	11.89M	10.03M	3.83M	6.84M	4.28M	5.96M	4.36M	3.64M	4.19M	3.80M	1.25M	1.91M	4.29M	6.52M	-8.11M	3.53M	6.25M	4.86M	6.78M	7.76M	0.61M	-5.92M	-22.24M	8.82M	6.97M	4.36M	2.44M	5.18M
Operating Cash Flow	80.18M	34.81M	64.41M	53.94M	26.35M	46.68M	47.54M	13.87M	49.20M	47.91M	39.32M	39.68M	25.37M	18.03M	8.79M	22.82M	28.56M	3.92M	33.98M	24.02M	25.89M	19.07M	36.14M	5.84M	5.97M	11.29M	29.01M	15.83M	29.77M	35.46M	30.51M
Capital Expenditure	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Free Cash Flow	80.88M	36.43M	65.62M	52.22M	26.13M	46.68M	47.39M	13.58M	48.60M	47.55M	39.01M	39.25M	25.07M	17.81M	8.77M	22.74M	28.55M	3.91M	33.98M	24.01M	25.86M	18.99M	36.10M	5.78M	5.85M	11.28M	29.01M	15.83M	29.77M	35.46M	30.38M

Industry Free Cash Flow

Metric	TTM	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
EBITDA	89.92M	98.99M	18.99M	-89.61M	126.13M	25.36M	35.03M	1.02M	40.08M	12.38M	0.69M	14.48M	12.31M	38.07M	23.79M	0.00M	16.28M	-39.26M	30.02M	38.07M	30.65M	30.78M	27.47M	-0.22M	3.99M	7.22M	-0.83M	3.25M	40.87M	32.71M	58.17M
(-) Tax Adjustment	0.00M	0.00M	0.02M	0.00M	0.00M	0.00M	0.08M	-0.12M	10.52M	1.11M	0.00M	0.05M	0.92M	9.16M	0.02M	0.00M	0.07M	0.28M	0.06M	0.03M	0.05M	0.05M	0.09M	-0.01M	0.27M	1.78M	-0.56M	1.72M	-0.80M	1.76M	-6.88M
(-) Change In Working Capital	1.25M	-0.41M	1.01M	-0.19M	0.31M	0.64M	0.03M	0.10M	0.06M	-1.07M	3.06M	0.14M	-0.79M	0.03M	-0.13M	0.19M	0.55M	4.03M	0.26M	0.72M	0.18M	0.76M	0.24M	-0.04M	-3.39M	4.72M	18.54M	12.26M	5.84M	11.40M	2.31M
(-) Capital Expenditure	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Unlevered Free Cash Flow	88.67M	99.39M	17.96M	-89.41M	125.81M	24.71M	34.92M	1.04M	29.50M	12.34M	-2.36M	14.30M	12.18M	28.89M	23.90M	-0.19M	15.66M	-43.57M	29.70M	37.32M	30.42M	29.97M	27.14M	-0.17M	7.11M	0.72M	-18.81M	-10.73M	35.83M	19.55M	62.74M
(-) Net Interest Income After Taxes	-4.21M	22.13M	15.89M	10.25M	16.56M	10.99M	15.51M	17.16M	10.79M	0.99M	1.03M	0.74M	1.07M	1.70M	-0.63M	0.00M	-2.16M	3.78M	-3.81M	-3.29M	-2.40M	-2.25M	-1.17M	6.10M	-0.83M	6.51M	3.13M	2.90M	-6.90M	-4.59M	-9.64M
Net Debt Issuance	6.04M	3.77M	-4.57M	-0.57M	17.92M	-1.75M	-0.18M	1.47M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M	0.00M
Levered Free Cash Flow	98.92M	81.04M	-2.51M	-100.23M	127.17M	11.98M	19.24M	-14.66M	18.71M	11.35M	-3.39M	13.56M	11.11M	27.19M	24.53M	-0.19M	17.82M	-47.36M	33.51M	40.60M	32.82M	32.22M	28.31M	-6.27M	7.95M	-5.79M	-21.94M	-13.63M	42.73M	24.14M	72.38M