Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (SAR)

1-5

	Q4 2026Mar 31, 2026	Q3 2026Dec 31, 2025	Q2 2026Sep 30, 2025	Q1 2026Jun 30, 2025	Q4 2025Mar 31, 2025
Operating Summary
Revenue	700.94M	640.73M	570.87M	385.19M	400.37M
Cost of Revenue	511.27M	462.81M	398.04M	280.20M	296.78M
Gross Profit	189.68M	177.92M	172.83M	104.99M	103.58M
SG&A	10.19M	7.57M	7.97M	7.32M	9.45M
Operating Expenses	28.80M	0.23M	2.77M	0.41M	17.37M
Operating Income	160.88M	177.69M	170.06M	104.58M	86.22M
Interest Income	19.35M	—	—	—	11.02M
Interest Expense	—	-2.20M	-2.48M	-3.33M	—
Other Income/Expense	-3.72M	—	—	—	-3.67M
Pretax Income	176.50M	175.49M	167.58M	101.25M	94.22M
Income Tax	12.09M	15.49M	9.00M	10.98M	8.63M
Net Income	164.41M	160.00M	158.58M	90.27M	85.59M
EBITDA	164.90M	181.54M	174.06M	108.42M	90.97M
EBIT	160.88M	177.69M	170.06M	104.58M	86.22M
EPS (Basic)	5.22	5.08	5.03	2.87	2.72
EPS (Diluted)	5.22	5.08	5.03	2.87	2.72
Margins & Efficiency
Gross Margin %	+27.1%	+27.8%	+30.3%	+27.3%	+25.9%
EBITDA Margin %	+23.5%	+28.3%	+30.5%	+28.1%	+22.7%
Net Margin %	+23.5%	+25.0%	+27.8%	+23.4%	+21.4%
Revenue & Income
Revenue	700.94M	640.73M	570.87M	385.19M	400.37M
Revenue Growth (YoY)	+75.1%	+21.4%	+5.7%	+5.7%	-44.5%
Interest & Investment Income	19.35M	—	—	—	11.02M
Currency Exchange Gain (Loss)	-0.01M	—	—	—	0.65M
Expenses & Provisions
Cost of Revenue	511.27M	462.81M	398.04M	280.20M	296.78M
Selling, General & Admin	10.19M	7.57M	7.97M	7.32M	9.45M
Operating Expenses	28.80M	0.23M	2.77M	0.41M	17.37M
Other Operating Expenses	18.50M	-7.36M	-5.21M	-5.93M	7.78M
Interest Expense	—	-2.20M	-2.48M	-3.33M	—
Other Non Operating Income (Expenses)	-3.72M	—	—	—	-3.67M
D&A For EBITDA	4.02M	3.85M	4.00M	3.83M	4.75M
Profitability & Returns
Gross Profit	189.68M	177.92M	172.83M	104.99M	103.58M
Gross Margin	+27.1%	+27.8%	+30.3%	+27.3%	+25.9%
EBIT	160.88M	177.69M	170.06M	104.58M	86.22M
EBIT Margin	+23.0%	+27.7%	+29.8%	+27.2%	+21.5%
EBITDA	164.90M	181.54M	174.06M	108.42M	90.97M
EBITDA Margin	+23.5%	+28.3%	+30.5%	+28.1%	+22.7%
EBT Excluding Unusual Items	176.50M	175.49M	167.58M	101.25M	94.22M
Pretax Income	176.50M	175.49M	167.58M	101.25M	94.22M
Operating Income	160.88M	177.69M	170.06M	104.58M	86.22M
Operating Margin	+23.0%	+27.7%	+29.8%	+27.2%	+21.5%
Profit Margin	+23.5%	+25.0%	+27.8%	+23.4%	+21.4%
Net Income	164.41M	160.00M	158.58M	90.27M	85.59M
Net Income to Common	164.41M	160.00M	158.58M	90.27M	85.59M
Net Income Growth	+92.1%	+42.3%	+40.5%	+26.7%	-52.3%
Income Tax Expense	12.09M	15.49M	9.00M	10.98M	8.63M
Effective Tax Rate	+6.8%	+8.8%	+5.4%	+10.8%	+9.2%
Per Share & Capital
EPS (Basic)	5.22	5.08	5.03	2.87	2.72
EPS (Diluted)	5.22	5.08	5.03	2.87	2.72
EPS Growth	+92.1%	+42.3%	+40.5%	+26.7%	-52.3%
Dividend Per Share	—	—	2.00	—	2.50
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	31.50M	31.50M	31.50M	31.50M	31.50M
Shares Outstanding (Diluted)	31.50M	31.50M	31.50M	31.50M	31.50M
Dividend Growth	—	—	+33.3%	—	+66.7%
Free Cash Flow	318.58M	98.60M	265.12M	248.40M	-117.83M
Free Cash Flow Margin	+45.5%	+15.4%	+46.4%	+64.5%	-29.4%
Free Cash Flow Per Share	10.11	3.13	8.42	7.89	-3.74
Payout Ratio	—	+39.4%	+49.7%	—	+55.2%
Supplemental
Other Unusual Items	—	—	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q4 2026Mar 31, 2026	Q3 2026Dec 31, 2025	Q2 2026Sep 30, 2025	Q1 2026Jun 30, 2025	Q4 2025Mar 31, 2025
Operating Summary
Revenue	700.94M	640.73M	570.87M	385.19M	400.37M
Cost of Revenue	511.27M	462.81M	398.04M	280.20M	296.78M
Gross Profit	189.68M	177.92M	172.83M	104.99M	103.58M
SG&A	10.19M	7.57M	7.97M	7.32M	9.45M
Operating Expenses	28.80M	0.23M	2.77M	0.41M	17.37M
Operating Income	160.88M	177.69M	170.06M	104.58M	86.22M
Interest Income	19.35M	—	—	—	11.02M
Interest Expense	—	-2.20M	-2.48M	-3.33M	—
Other Income/Expense	-3.72M	—	—	—	-3.67M
Pretax Income	176.50M	175.49M	167.58M	101.25M	94.22M
Income Tax	12.09M	15.49M	9.00M	10.98M	8.63M
Net Income	164.41M	160.00M	158.58M	90.27M	85.59M
EBITDA	164.90M	181.54M	174.06M	108.42M	90.97M
EBIT	160.88M	177.69M	170.06M	104.58M	86.22M
EPS (Basic)	5.22	5.08	5.03	2.87	2.72
EPS (Diluted)	5.22	5.08	5.03	2.87	2.72
Margins & Efficiency
Gross Margin %	+27.1%	+27.8%	+30.3%	+27.3%	+25.9%
EBITDA Margin %	+23.5%	+28.3%	+30.5%	+28.1%	+22.7%
Net Margin %	+23.5%	+25.0%	+27.8%	+23.4%	+21.4%
Revenue & Income
Revenue	700.94M	640.73M	570.87M	385.19M	400.37M
Revenue Growth (YoY)	+75.1%	+21.4%	+5.7%	+5.7%	-44.5%
Interest & Investment Income	19.35M	—	—	—	11.02M
Currency Exchange Gain (Loss)	-0.01M	—	—	—	0.65M
Expenses & Provisions
Cost of Revenue	511.27M	462.81M	398.04M	280.20M	296.78M
Selling, General & Admin	10.19M	7.57M	7.97M	7.32M	9.45M
Operating Expenses	28.80M	0.23M	2.77M	0.41M	17.37M
Other Operating Expenses	18.50M	-7.36M	-5.21M	-5.93M	7.78M
Interest Expense	—	-2.20M	-2.48M	-3.33M	—
Other Non Operating Income (Expenses)	-3.72M	—	—	—	-3.67M
D&A For EBITDA	4.02M	3.85M	4.00M	3.83M	4.75M
Profitability & Returns
Gross Profit	189.68M	177.92M	172.83M	104.99M	103.58M
Gross Margin	+27.1%	+27.8%	+30.3%	+27.3%	+25.9%
EBIT	160.88M	177.69M	170.06M	104.58M	86.22M
EBIT Margin	+23.0%	+27.7%	+29.8%	+27.2%	+21.5%
EBITDA	164.90M	181.54M	174.06M	108.42M	90.97M
EBITDA Margin	+23.5%	+28.3%	+30.5%	+28.1%	+22.7%
EBT Excluding Unusual Items	176.50M	175.49M	167.58M	101.25M	94.22M
Pretax Income	176.50M	175.49M	167.58M	101.25M	94.22M
Operating Income	160.88M	177.69M	170.06M	104.58M	86.22M
Operating Margin	+23.0%	+27.7%	+29.8%	+27.2%	+21.5%
Profit Margin	+23.5%	+25.0%	+27.8%	+23.4%	+21.4%
Net Income	164.41M	160.00M	158.58M	90.27M	85.59M
Net Income to Common	164.41M	160.00M	158.58M	90.27M	85.59M
Net Income Growth	+92.1%	+42.3%	+40.5%	+26.7%	-52.3%
Income Tax Expense	12.09M	15.49M	9.00M	10.98M	8.63M
Effective Tax Rate	+6.8%	+8.8%	+5.4%	+10.8%	+9.2%
Per Share & Capital
EPS (Basic)	5.22	5.08	5.03	2.87	2.72
EPS (Diluted)	5.22	5.08	5.03	2.87	2.72
EPS Growth	+92.1%	+42.3%	+40.5%	+26.7%	-52.3%
Dividend Per Share	—	—	2.00	—	2.50
Shares Change (YoY)	—	—	—	—	—
Shares Outstanding (Basic)	31.50M	31.50M	31.50M	31.50M	31.50M
Shares Outstanding (Diluted)	31.50M	31.50M	31.50M	31.50M	31.50M
Dividend Growth	—	—	+33.3%	—	+66.7%
Free Cash Flow	318.58M	98.60M	265.12M	248.40M	-117.83M
Free Cash Flow Margin	+45.5%	+15.4%	+46.4%	+64.5%	-29.4%
Free Cash Flow Per Share	10.11	3.13	8.42	7.89	-3.74
Payout Ratio	—	+39.4%	+49.7%	—	+55.2%
Supplemental
Other Unusual Items	—	—	—	—	—

Financials

Quarterly (SAR)

EAST PIPES

Quarterly (SAR)