Also trades as: CWY.AX (ASX) · $vol 27M

$1.85

-0.05 (-2.63%)

Weekly Expected Move ±7.2%

$2 $2 $2 $2 $2

OTC · Industrials · Waste Management · Tech Score Neutral · Power 60 · $4.1B mcap · 2.22B float · 0.0000% daily turnover · Short 62% of daily vol

Revenue

$4.3B +13.3% ▲

5Y CAGR: +12.6%

Gross Profit

$572M -84.9% ▼

5Y CAGR: -2.1%

Operating Income

$283M -7.3% ▼

5Y CAGR: +3.1%

Net Income

$98M -37.3% ▼

5Y CAGR: -7.5%

EPS (Diluted)

$0.04 -37.6% ▼

5Y CAGR: -9.1%

EBITDA

$725M +2.5% ▲

5Y CAGR: +7.6%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.0B	$3.5B	$3.8B	$3.8B	$4.3B
YoY Growth	+25.2%	+18.1%	+7.2%	+0.8%	+13.3%
Cost of Revenue	$2.3B	$3.1B	$2.8B	$0	$3.7B
Gross Profit	$693M	$365M	$912M	$3.8B	$572M
Gross Margin	23.3%	10.4%	24.3%	100.0%	13.3%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$1.0B	$1.2B	$58M	$1.4B	$289M
Operating Expenses	$524M	$210M	$570M	$3.5B	$289M
Operating Income	$169M	$111M	$342M	$305M	$283M
Operating Margin	5.7%	3.2%	9.1%	8.1%	6.6%
Interest Expense	$34M	$76M	$93M	$96M	$131M
Income Before Tax	$116M	$33M	$226M	$232M	$146M
Tax Expense	$36M	$10M	$68M	$74M	$48M
Net Income	$79M	$22M	$157M	$157M	$98M
Net Margin	2.7%	0.6%	4.2%	4.1%	2.3%
EPS (Diluted)	$0.04	$0.01	$0.07	$0.07	$0.04
EBITDA	$475M	$434M	$688M	$708M	$725M
Shares Outstanding	2.08B	2.22B	2.24B	2.24B	2.25B

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$1.8B	$1.7B	$1.9B	$1.9B	$1.9B	$1.9B	$2.2B	$2.1B
Cost of Revenue	$1.6B	$1.6B	$1.6B	$1.4B	$1.5B	$1.4B	$1.9B	$1.8B
Gross Profit	$187M	$194M	$244M	$494M	$444M	$519M	$300M	$296M
Gross Margin	10.6%	11.1%	13.1%	26.2%	22.9%	27.1%	13.8%	13.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$87M	$175M	$107M	$58M	$0	$61M	$119M	$144M
Operating Expenses	$87M	$142M	$79M	$314M	$269M	$339M	$119M	$144M
Operating Income	$100M	$52M	$162M	$180M	$174M	$180M	$181M	$151M
Operating Margin	5.7%	3.0%	8.7%	9.5%	9.0%	9.4%	8.3%	7.1%
Interest Expense	$33M	$38M	$44M	$90M	$44M	$46M	$59M	$72M
Income Before Tax	$69M	-$35M	$105M	$121M	$115M	$117M	$63M	$83M
Tax Expense	$20M	-$10M	$31M	$37M	$41M	$33M	$25M	$23M
Net Income	$48M	-$26M	$73M	$83M	$73M	$84M	$37M	$61M
Net Margin	2.7%	-1.5%	3.9%	4.4%	3.8%	4.4%	1.7%	2.9%
EPS (Diluted)	$0.02	$-0.01	$0.03	$0.04	$0.03	$0.04	$0.02	$0.03
EBITDA	$241M	$206M	$435M	$253M	$373M	$268M	$391M	$361M
Shares Outstanding	2.18B	2.23B	2.23B	2.24B	2.24B	2.24B	2.25B	2.25B

TSPCF OTC