Financials

Income Statement Balance Sheet Cash Flow Ratios

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operations
Operating Cash Flow	-76.45M	14.14M	111.76M	-102.00M	-14.53M
Free Cash Flow	-79.48M	5.40M	111.27M	-110.23M	-17.03M
Capital Expenditures	-3.04M	-8.74M	-0.50M	-8.22M	-2.50M
Investing & Financing
Investing Cash Flow	-3.66M	-12.04M	-1.27M	-8.45M	-2.50M
Financing Cash Flow	69.03M	14.20M	-112.13M	90.04M	43.04M
Dividends Paid	—	-20.00M	-20.00M	—	—
Operating Activities
Operating Cash Flow	-76.45M	14.14M	111.76M	-102.00M	-14.53M
Net Income	32.58M	32.25M	20.31M	29.90M	19.20M
Change in Accounts Payable	120.72M	37.99M	65.78M	-60.85M	48.86M
Change in Accounts Receivable	-212.68M	-22.41M	16.12M	-100.02M	-46.59M
Change in Inventory	-54.48M	-69.79M	-6.36M	32.30M	-48.00M
Change in Other Net Operating Assets	0.27M	3.40M	-0.62M	0.36M	-0.03M
Change in Working Capital	-146.17M	-50.81M	74.92M	-128.21M	-45.76M
Other Operating Activities	24.78M	13.43M	10.24M	-10.04M	5.51M
Provision & Write-off of Bad Debts	6.29M	13.68M	0.80M	0.95M	1.07M
Depreciation & Amortization	5.76M	5.54M	5.50M	5.42M	5.23M
Other Amortization	—	116.41K	—	—	—
Cash Interest Paid	4.84M	6.39M	0.97M	1.24M	4.32M
Asset Writedown & Restructuring Costs	303.32K	—	-0.00K	-25.79K	208.07K
Investing Activities
Investing Cash Flow	-3.66M	-12.04M	-1.27M	-8.45M	-2.50M
Capital Expenditures	-3.04M	-8.74M	-0.50M	-8.22M	-2.50M
Investment in Securities	—	—	—	—	—
Sale (Purchase) of Intangibles	-0.63M	-3.37M	-0.77M	-0.23M	—
Sale of Property, Plant & Equipment	—	0.08M	—	—	—
Loss (Gain) From Sale of Assets	—	-0.06M	—	—	—
Financing Activities
Financing Cash Flow	69.03M	14.20M	-112.13M	90.04M	43.04M
Common Dividends Paid	—	-20.00M	-20.00M	—	—
Short-Term Debt Issued	311.89M	—	—	—	147.28M
Total Debt Issued	311.89M	193.42M	145.84M	243.48M	147.28M
Long-Term Debt Repaid	-3.98M	—	—	—	-0.06M
Short-Term Debt Repaid	-234.04M	—	—	—	-99.86M
Total Debt Repaid	-238.02M	-149.80M	-237.96M	-153.44M	-99.92M
Net Debt Issued (Repaid)	73.87M	43.62M	-92.13M	90.04M	47.36M
Other Financing Activities	-4.84M	-9.42M	—	—	-4.32M
Free Cash Flow & Returns
Free Cash Flow	-79.48M	5.40M	111.27M	-110.23M	-17.03M
Free Cash Flow Growth	—	—	—	—	—
Free Cash Flow Margin	-17.2%	+1.4%	+29.2%	-28.9%	-5.0%
Free Cash Flow Per Share	-1.99	0.14	2.78	-2.76	-0.43
Levered Free Cash Flow	-83.06M	-11.90M	86.52M	-97.43M	-31.78M
Unlevered Free Cash Flow	-78.46M	-11.90M	90.08M	-94.72M	-29.12M
Operating Cash Flow Growth	—	—	—	—	—
Net Cash Flow	-11.08M	16.30M	-1.63M	-20.42M	26.01M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operations
Operating Cash Flow	-76.45M	14.14M	111.76M	-102.00M	-14.53M
Free Cash Flow	-79.48M	5.40M	111.27M	-110.23M	-17.03M
Capital Expenditures	-3.04M	-8.74M	-0.50M	-8.22M	-2.50M
Investing & Financing
Investing Cash Flow	-3.66M	-12.04M	-1.27M	-8.45M	-2.50M
Financing Cash Flow	69.03M	14.20M	-112.13M	90.04M	43.04M
Dividends Paid	—	-20.00M	-20.00M	—	—
Operating Activities
Operating Cash Flow	-76.45M	14.14M	111.76M	-102.00M	-14.53M
Net Income	32.58M	32.25M	20.31M	29.90M	19.20M
Change in Accounts Payable	120.72M	37.99M	65.78M	-60.85M	48.86M
Change in Accounts Receivable	-212.68M	-22.41M	16.12M	-100.02M	-46.59M
Change in Inventory	-54.48M	-69.79M	-6.36M	32.30M	-48.00M
Change in Other Net Operating Assets	0.27M	3.40M	-0.62M	0.36M	-0.03M
Change in Working Capital	-146.17M	-50.81M	74.92M	-128.21M	-45.76M
Other Operating Activities	24.78M	13.43M	10.24M	-10.04M	5.51M
Provision & Write-off of Bad Debts	6.29M	13.68M	0.80M	0.95M	1.07M
Depreciation & Amortization	5.76M	5.54M	5.50M	5.42M	5.23M
Other Amortization	—	116.41K	—	—	—
Cash Interest Paid	4.84M	6.39M	0.97M	1.24M	4.32M
Asset Writedown & Restructuring Costs	303.32K	—	-0.00K	-25.79K	208.07K
Investing Activities
Investing Cash Flow	-3.66M	-12.04M	-1.27M	-8.45M	-2.50M
Capital Expenditures	-3.04M	-8.74M	-0.50M	-8.22M	-2.50M
Investment in Securities	—	—	—	—	—
Sale (Purchase) of Intangibles	-0.63M	-3.37M	-0.77M	-0.23M	—
Sale of Property, Plant & Equipment	—	0.08M	—	—	—
Loss (Gain) From Sale of Assets	—	-0.06M	—	—	—
Financing Activities
Financing Cash Flow	69.03M	14.20M	-112.13M	90.04M	43.04M
Common Dividends Paid	—	-20.00M	-20.00M	—	—
Short-Term Debt Issued	311.89M	—	—	—	147.28M
Total Debt Issued	311.89M	193.42M	145.84M	243.48M	147.28M
Long-Term Debt Repaid	-3.98M	—	—	—	-0.06M
Short-Term Debt Repaid	-234.04M	—	—	—	-99.86M
Total Debt Repaid	-238.02M	-149.80M	-237.96M	-153.44M	-99.92M
Net Debt Issued (Repaid)	73.87M	43.62M	-92.13M	90.04M	47.36M
Other Financing Activities	-4.84M	-9.42M	—	—	-4.32M
Free Cash Flow & Returns
Free Cash Flow	-79.48M	5.40M	111.27M	-110.23M	-17.03M
Free Cash Flow Growth	—	—	—	—	—
Free Cash Flow Margin	-17.2%	+1.4%	+29.2%	-28.9%	-5.0%
Free Cash Flow Per Share	-1.99	0.14	2.78	-2.76	-0.43
Levered Free Cash Flow	-83.06M	-11.90M	86.52M	-97.43M	-31.78M
Unlevered Free Cash Flow	-78.46M	-11.90M	90.08M	-94.72M	-29.12M
Operating Cash Flow Growth	—	—	—	—	—
Net Cash Flow	-11.08M	16.30M	-1.63M	-20.42M	26.01M

Financials

Quarterly (SAR)

MESC

Quarterly (SAR)