Also trades as: IFT.NZ (NZE) · $vol 8M · IFT.AX (ASX) · $vol 3M

$7.85

-0.30 (-3.68%)

OTC · Industrials · Conglomerates · Tech Score Sell · Power 45 · $7.8B mcap · 939M float · 0.0001% daily turnover · Short 99% of daily vol

Revenue

$3.0B -11.1% ▼

5Y CAGR: +22.9%

Gross Profit

$2.0B +15.6% ▲

5Y CAGR: +17.9%

Operating Income

$691M +858.4% ▲

5Y CAGR: +68.9%

Net Income

$550M +292.0% ▲

EPS (Diluted)

$0.55 +277.4% ▲

EBITDA

$1.1B +25.8% ▲

5Y CAGR: +52.6%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$859M	$1.2B	$3.0B	$3.3B	$3.0B
YoY Growth	-18.9%	+38.7%	+151.3%	+11.7%	-11.1%
Cost of Revenue	$2M	$134M	$1.7B	$2.1B	$2.7B
Gross Profit	$856M	$1.1B	$1.4B	$1.7B	$2.0B
Gross Margin	99.7%	88.7%	47.0%	51.1%	66.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$334M	$452M	$589M	$1.8B	$1.9B
Operating Expenses	$921M	$1.0B	$1.1B	$3.2B	$1.3B
Operating Income	-$64M	$43M	$363M	-$91M	$691M
Operating Margin	-7.5%	3.6%	12.1%	-2.7%	23.2%
Interest Expense	$166M	$189M	$414M	$467M	$464M
Income Before Tax	$128M	$604M	$939M	-$212M	$155M
Tax Expense	$23M	$42M	$93M	$49M	-$139M
Net Income	$1.2B	$643M	$854M	-$286M	$550M
Net Margin	136.1%	54.0%	28.5%	-8.6%	18.5%
EPS (Diluted)	$1.62	$0.89	$1.06	$-0.31	$0.55
EBITDA	$386M	$900M	$752M	$863M	$1.1B
Shares Outstanding	723M	724M	809M	935M	566M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$604M	$587M	$1.4B	$1.8B	$1.8B	$2.0B	$2.0B	$1.6B
Cost of Revenue	$427M	$324M	$0	$1.7B	$0	$2.1B	$731M	$1.4B
Gross Profit	$177M	$263M	$1.4B	$50M	$1.8B	-$111M	$2.0B	$166M
Gross Margin	29.3%	44.8%	100.0%	2.8%	100.0%	-5.5%	100.0%	10.4%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$95M	$93M	$312M	$277M	$352M	$337M	$346M	$0
Operating Expenses	$144M	$162M	$1.2B	-$12M	$1.7B	-$372M	$1.3B	$18M
Operating Income	$34M	$101M	$269M	$61M	$136M	$261M	$662M	$148M
Operating Margin	5.6%	17.2%	18.8%	3.4%	7.5%	12.8%	33.2%	9.3%
Interest Expense	$89M	$100M	$155M	$212M	$206M	$223M	$130M	$236M
Income Before Tax	-$49M	-$600K	$1.2B	-$336M	-$129M	-$84M	$328M	-$174M
Tax Expense	$77M	-$35M	$52M	$34M	$78M	-$29M	$24M	-$116M
Net Income	$350M	$293M	$1.1B	-$321M	-$212M	-$74M	$606M	-$56M
Net Margin	58.0%	49.8%	80.5%	-18.0%	-11.6%	-3.7%	30.4%	-3.5%
EPS (Diluted)	$0.48	$0.40	$1.38	$-0.41	$-0.26	$-0.07	$0.33	$-0.06
EBITDA	$214M	$157M	$450M	$269M	$458M	$376M	$940M	$368M
Shares Outstanding	724M	724M	831M	786M	832M	1.04B	975M	574M

IFUUF OTC