FIP Snapshot del titolo Prezzo, capitalizzazione di mercato, P/E, EPS, ROE, debito/capitale proprio, intervallo 52 settimane

03

Prezzo $2.69

Capitalizzazione di Mercato (MRQ) $317M

P/E (TTM) -0.5

EPS (TTM) $-5.15

Ricavi (TTM) $659M

Rendimento div. 4.4%

ROE (TTM) -2052.5%

D/E Debito/Patrimonio (MRQ) -8.4

Intervallo 52 sett. $3–$7

FIP Grafico del prezzo delle azioni OHLCV giornaliero con indicatori tecnici — panoramica, zoom e personalizza la tua visualizzazione

04

intervallo

barre

La granularità delle barre si adatta al periodo selezionato — passa il mouse sul grafico per vedere apertura/massimo/minimo/chiusura di una barra.

Performance decennale Andamento di ricavi, utile netto, margini e EPS

06

Ricavi$503M

2020-12-31 → 2025-12-31

EPS$-2.26

2020-12-31 → 2025-12-31

Flusso di cassa libero$-399M

2022-12-31 → 2025-12-31

Margine netto-71.1%

2022-12-31 → 2025-12-31

Valutazione e Rapporti 07–12

Valutazione Rapporti P/E, P/S, P/B, EV/EBITDA — il titolo è costoso o economico?

Metrica	FIP	media 5 anni	Mediana dei peer	Verdetto
P/E (TTM)	-0.5media 5 anni ≈-2.1	≈-2.1	·	·
P/S (TTM)	0.5media 5 anni ≈1.5	≈1.5	5.9	Sottovalutato
P/B (MRQ)	-1.0media 5 anni ≈7.6	≈7.6	·	·
EV / EBITDA	30.4media 5 anni ≈26.1	≈26.1	·	·
Prezzo / FCF (TTM)	-1.0media 5 anni ≈-3.8	≈-3.8	·	·
Prezzo / Flusso di cassa (TTM)	-5.5media 5 anni ≈1.4	≈1.4	·	·
EV / Revenue (EV / Ricavi)	8.0media 5 anni ≈6.7	≈6.7	·	·
EV / FCF	-10.1media 5 anni ≈-14.9	≈-14.9	·	·
Prezzo / Valore contabile tangibile (MRQ)	-0.8	·	·	·

La mediana dei peer viene calcolata su base standardizzata per metrica e potrebbe non corrispondere sempre alla base TTM/MRQ mostrata per questo titolo.

Redditività Margini lordi, operativi e netti; ROE, ROA, ROIC

Metrica	FIP	media 5 anni	Mediana dei peer	Verdetto
EBITDA Margin (Margine EBITDA)	26.4%media 5 anni ≈25.6%	≈25.6%	36.4%	Debole
Margine ante imposte (TTM)	-66.7%media 5 anni ≈-57.3%	≈-57.3%	30.6%	Debole
Margine di Profitto Netto (TTM)	-71.1%media 5 anni ≈-58.0%	≈-58.0%	23.3%	Debole
ROA (TTM)	-9.2%media 5 anni ≈-7.3%	≈-7.3%	6.6%	Debole
ROE (TTM)	-2052.5%media 5 anni ≈-65.7%	≈-65.7%	20.8%	Debole

Salute finanziaria Debito, liquidità, solvibilità — solidità del bilancio

Metrica	FIP	media 5 anni	Mediana dei peer	Verdetto
Debito / Patrimonio Netto (MRQ)	-8.4media 5 anni ≈47.5	≈47.5	·	·
Rapporto corrente (MRQ)	0.3media 5 anni ≈1.3	≈1.3	0.8	Bassa liquidità
Quick Ratio	0.1media 5 anni ≈0.2	≈0.2	0.6	Bassa liquidità
Debito a lungo termine / Patrimonio netto (MRQ)	-6.9media 5 anni ≈46.6	≈46.6	·	·

Crescita Crescita di ricavi, EPS e utile netto: YoY, CAGR 3Y, CAGR 5Y

Metrica	FIP	media 5 anni	Mediana dei peer	Verdetto
Revenue YoY (Ricavi YoY)	51.6%media 5 anni ≈54.1%	≈54.1%	·	·
Revenue CAGR 3Y (CAGR Ricavi 3Y)	24.2%media 5 anni ≈43.9%	≈43.9%	·	·
Revenue CAGR 5Y (CAGR Ricavi 5Y)	48.9%	·	·	·

Metriche per Azione EPS, valore contabile per azione, flusso di cassa per azione, dividendo per azione

Metrica	FIP	media 5 anni	Mediana dei peer	Verdetto
EPS (Diluted) (EPS (Diluito))	$-2.26media 5 anni ≈$-1.86	≈$-1.86	·	·
Revenue / Share (Ricavi / Azione)	$4.36media 5 anni ≈$3.27	≈$3.27	·	·
Cash Flow / Share (Flusso di cassa / Azione)	$-1.02media 5 anni ≈$-0.38	≈$-0.38	·	·
Cash / Share (Liquidità / Azione)	$0.49media 5 anni ≈$0.35	≈$0.35	·	·

Efficienza del Capitale Rotazione delle attività, rotazione delle scorte, rotazione dei crediti

Metrica	Tendenza 5 anni	FIP	media 5 anni	Mediana dei peer	Verdetto
Asset Turnover (Rotazione delle attività)		0.1media 5 anni ≈0.1	≈0.1	0.3	Debole
Revenue / Employee (Ricavi / Dipendente)		≈$452.7K	·	·	·

valore · ≈ media 5 anni · mediana del settore · giudizio rispetto alla mediana

Dividendi Rendimento, payout ratio, storico dividendi, CAGR 5Y

13

Dividend Yield4.4%

Rapporto di Distribuzione Utili-9.1%

Pagamento annualizzato≈$0.12Pagato trimestralmente

Data ex-dividendo	Importo	Valuta	Rendimento
Ago 24, 2026	$0,03	USD	≈3.2%
Mag 18, 2026	$0,03	USD	≈2.8%
Mar 13, 2026	$0,03	USD	≈2.3%
Nov 14, 2025	$0,03	USD	≈2.7%
Ago 25, 2025	$0,03	USD	≈2.3%
Mag 19, 2025	$0,03	USD	≈2.4%
Mar 14, 2025	$0,03	USD	≈2.5%
Nov 12, 2024	$0,03	USD	≈1.3%
Ago 12, 2024	$0,03	USD	≈1.3%
Mag 16, 2024	$0,03	USD	≈1.5%
Mar 26, 2024	$0,03	USD	≈2.0%
Nov 8, 2023	$0,03	USD	≈3.6%
Ago 7, 2023	$0,03	USD	≈3.3%
Mag 12, 2023	$0,03	USD	≈2.9%
Mar 13, 2023	$0,03	USD	≈2.3%
Nov 10, 2022	$0,03	USD	≈1.2%

Cronologia utili EPS effettivo vs stima, surprise %, tasso di superamento, data prossimi utili

14

Sorpresa media -39.7%

Prossimo report Ott 28, 2026

Periodo	Rapporto	EPS Actual	EPS Stimato	Sorpresa
30 Giugno 2026	Ago 5, 2026	$-1.41	$-0.57	-146.0%
31 Marzo 2026	Mag 13, 2026	$-1.00	$-0.42	-136.3%
31 Dicembre 2025		$-1.08	$-0.43	-151.2%
30 Settembre 2025		$-1.37	$-0.60	-129.9%
30 Giugno 2025		$-0.65	$-0.37	-75.7%
31 Marzo 2025		$0.89	$-0.30	400.8%

Fondamentali Completi Tutte le metriche per anno — conto economico, stato patrimoniale, rendiconto finanziario

15

Conto Economico 13

Metrica	2025	2024	2023	2022	2021
Revenue	$503M	$331M	$320M	$262M	$120M
SG&A Expense	$16M	$15M	$13M	$11M	$9M
Operating Expenses	$300M	$248M	$254M	$208M	$99M
Interest Expense	$266M	$122M	$100M	$53M	$16M
Other Non-op	$21M	$21M	$7M	$-3M	$-9M
Pretax Income	$-155M	$-263M	$-157M	$-183M	$-110M
Income Tax	$-3M	$3M	$2M	$4M	$-4M
Net Income	$-152M	$-266M	$-160M	$-188M	$-106M
EPS (Basic)	$-2.24	$-2.72	$-1.78	$-1.73	$-0.80
EPS (Diluted)	$-2.26	$-2.72	$-1.79	$-1.73	$-0.80
Shares (Basic)	115,214,910	108,217,871	102,960,812	102,747,121	99,387,467
Shares (Diluted)	115,214,910	108,217,871	102,960,812	102,747,121	99,387,467
EBITDA	$132M	$79M	$81M	$71M	·

Stato Patrimoniale 22

Metrica	2025	2024	2023	2022	2021
Cash & Equivalents	$57M	$28M	$29M	$36M	$50M
Other Current Assets	$63M	$20M	$42M	$67M	$61M
Current Assets	$484M	$220M	$186M	$278M	$278M
PP&E (Net)	$4.58B	$1.65B	$1.63B	$1.67B	$1.52B
PP&E (Gross)	$5.06B	$2.00B	$1.91B	$1.88B	$1.66B
Accum. Depreciation	$478M	$351M	$276M	$206M	$144M
Goodwill	$366M	$275M	$275M	$260M	$257M
Intangibles	$43M	$46M	$53M	$60M	$68M
Other Non-current Assets	$82M	$62M	$57M	$27M	$25M
Total Assets	$5.75B	$2.37B	$2.38B	$2.48B	$2.48B
Current Liabilities	$410M	$251M	$151M	$160M	$160M
Capital Leases	$71M	$61M	$62M	$63M	$68M
Total Liabilities	$4.80B	$1.92B	$1.64B	$1.69B	$1.69B
Long-term Debt	$3.77B	$1.59B	$1.34B	$1.23B	$1.23B
Total Debt	$3.77B	$1.59B	$1.34B	$1.23B	·
Common Stock	$1M	$1M	$1M	$994.0K	$0
Paid-in Capital	$624M	$764M	$844M	$912M	$0
Retained Earnings	$-513M	$-406M	$-182M	$-61M	$0
AOCI	$-91M	$-157M	$-179M	$-300M	$-155M
Stockholders' Equity	$21M	$203M	$484M	$552M	$1.46B
Liabilities + Equity	$5.75B	$2.37B	$2.38B	$2.48B	$2.48B
Shares Outstanding	116,294,461	113,934,860	100,589,572	99,445,074	·

Flusso di cassa 16

Metrica	2025	2024	2023	2022	2021
D&A	$132M	$79M	$81M	$71M	$54M
Deferred Tax	$-6M	$2M	$2M	$4M	$-4M
Other Non-cash	$-93M	$169M	$82M	$70M	·
Operating Cash Flow	$-118M	$-15M	$6M	$-43M	$-62M
CapEx	$281M	$80M	$99M	$217M	$141M
Investing Cash Flow	$-1.14B	$-118M	$-147M	$-267M	$-829M
Debt Issued	$1.79B	$498M	$181M	$519M	$451M
Net Debt Issued	$1.01B	$251M	$106M	$519M	·
Stock Issued	$3M	$0	$0	·	·
Net Stock Activity	$3M	·	·	·	·
Dividends Paid	$14M	$13M	$12M	$3M	$0
Financing Cash Flow	$1.44B	$193M	$79M	$158M	$1.14B
Net Change in Cash	$179M	$60M	$-62M	$-152M	$246M
Taxes Paid	·	$457.0K	$459.0K	$379.0K	$334.0K
Free Cash Flow	$-399M	$-95M	$-94M	$-260M	·
Levered FCF	$-659M	$-218M	$-195M	$-314M	·

Redditività 5

Metrica	2025	2024	2023	2022	2021
Net Margin	-30.3%	-80.3%	-49.9%	-71.6%	·
Pretax Margin	-30.9%	-79.3%	-49.1%	-69.9%	·
EBITDA Margin	26.4%	23.9%	25.3%	27.0%	·
ROA	-3.7%	-11.2%	-6.6%	-7.6%	·
ROE	-135.8%	-77.5%	-30.8%	-18.6%	·

Liquidità e Solvibilità 4

Metrica	2025	2024	2023	2022	2021
Current Ratio	1.2	0.9	1.2	1.7	·
Quick Ratio	0.1	0.1	0.2	0.2	·
Debt / Equity	177.0	7.8	2.8	2.2	·
LT Debt / Equity	173.9	7.6	2.8	2.2	·

Efficienza 1

Metrica	Tendenza	2025	2024	2023	2022	2021
Asset Turnover		0.1	0.1	0.1	0.1	·

Per Azione 5

Metrica	2025	2024	2023	2022	2021
Book Value / Share	$0.18	$1.78	$4.81	$5.55	·
Revenue / Share	$4.36	$3.06	$3.11	$2.55	·
Cash Flow / Share	$-1.02	$-0.14	$0.05	$-0.42	·
Cash / Share	$0.49	$0.24	$0.29	$0.37	·
EPS (TTM)	$-2.26	$-2.72	$-1.79	$-1.73	·

Tassi di Crescita 3

Metrica	2025	2024	2023	2022	2021
Revenue YoY	51.6%	3.4%	22.3%	117.9%	75.3%
Revenue CAGR 3Y	24.2%	40.2%	67.2%	·	·
Revenue CAGR 5Y	48.9%	·	·	·	·

Valutazione (TTM) 17

Metrica	2025	2024	2023	2022	2021
Revenue TTM	$503M	$331M	$320M	$262M	·
Net Income TTM	$-152M	$-266M	$-160M	$-188M	·
Market Cap	$536M	$827M	$391M	$293M	·
Enterprise Value	$4.25B	$2.39B	$1.70B	$1.49B	·
P/E	-2.0	-2.7	-2.2	-1.7	·
P/S	1.1	2.5	1.2	1.1	·
P/B	25.1	4.1	0.8	0.5	·
P / Tangible Book	·	·	2.5	1.3	·
P / Cash Flow	-4.5	-54.1	71.0	-6.9	·
P / FCF	-1.3	-8.7	-4.2	-1.1	·
EV / EBITDA	32.1	30.1	21.0	21.0	·
EV / FCF	-10.7	-25.2	-18.2	-5.7	·
EV / Revenue	8.5	7.2	5.3	5.7	·
Dividend Yield	2.6%	1.6%	3.2%	1.1%	·
Earnings Yield	-49.0%	-37.5%	-46.0%	-58.6%	·
Payout Ratio	-9.1%	-4.9%	-7.7%	-1.6%	·
Annual Payout	$14M	$13M	$12M	$3M	·

Conto Economico 13

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$187M	$188M	$144M	$141M	$122M	$96M	$81M	$83M	$85M	$83M	$81M	$81M	$82M	$76M	$71M	$79M
SG&A Expense	$4M	$4M	$4M	$3M	$4M	$5M	$4M	$3M	$3M	$5M	$3M	$2M	$4M	$3M	$3M	$3M
Operating Expenses	$233M	$186M	$-54M	$120M	$129M	$103M	$-25M	$91M	$88M	$94M	$-24M	$95M	$91M	$92M	$-26M	$88M
Interest Expense	$105M	$82M	$90M	$73M	$59M	$43M	$33M	$32M	$30M	$28M	$26M	$26M	$24M	$23M	$21M	$19M
Other Non-op	$3M	$3M	$8M	$6M	$3M	$4M	$5M	$7M	$7M	$2M	$3M	$2M	$1M	$221.0K	$-1M	$-1M
Pretax Income	$-151M	$-124M	$-66M	$-99M	$-69M	$79M	$-123M	$-43M	$-48M	$-48M	$-40M	$-50M	$-33M	$-34M	$-57M	$-42M
Income Tax	$-12M	$4M	$32M	$5M	$952.0K	$-42M	$1M	$-92.0K	$267.0K	$2M	$-90.0K	$8.0K	$823.0K	$2M	$-618.0K	$2M
Net Income	$-139M	$-127M	$-98M	$-105M	$-70M	$120M	$-125M	$-43M	$-48M	$-50M	$-40M	$-50M	$-34M	$-36M	$-56M	$-43M
EPS (Basic)	$-1.41	$-1.32	$-1.08	$-1.38	$-0.73	$0.95	$-1.21	$-0.45	$-0.52	$-0.54	$-0.46	$-0.55	$-0.38	$-0.39	$-0.57	$-0.43
EPS (Diluted)	$-1.41	$-1.32	$-1.04	$-1.38	$-0.73	$0.89	$-1.21	$-0.45	$-0.52	$-0.54	$-0.46	$-0.55	$-0.38	$-0.40	$-0.57	$-0.43
Shares (Basic)	118,163,955	116,689,474	·	115,555,973	114,880,817	114,101,860	·	109,723,831	105,039,831	104,189,287	·	102,820,651	102,793,800	102,787,640	·	102,730,033
Shares (Diluted)	118,163,955	116,689,474	·	115,555,973	114,880,817	122,758,859	·	109,723,831	105,039,831	104,189,287	·	102,820,651	102,793,800	102,787,640	·	102,730,033
EBITDA	$40M	$51M	·	$35M	$34M	$25M	·	$19M	$20M	$21M	·	$20M	$20M	$20M	·	$18M

Stato Patrimoniale 22

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$33M	$38M	$57M	$35M	$34M	$26M	$28M	$20M	$33M	$23M	·	$24M	$43M	$40M	·	$69M
Other Current Assets	$48M	$73M	$63M	$25M	$23M	$30M	$20M	$47M	$51M	$46M	·	$37M	$61M	$59M	·	$78M
Current Assets	$368M	$398M	$484M	$443M	$539M	$319M	$220M	$247M	$289M	$165M	·	$180M	$214M	$239M	·	$353M
PP&E (Net)	$3.14B	$4.58B	$4.58B	$3.26B	$3.23B	$3.19B	$1.65B	$1.62B	$1.61B	$1.61B	·	$1.66B	$1.69B	$1.69B	·	$1.64B
PP&E (Gross)	$3.62B	$5.10B	$5.06B	$3.70B	$3.64B	$3.56B	$2.00B	$1.96B	$1.92B	$1.91B	·	$1.92B	$1.93B	$1.91B	·	$1.83B
Accum. Depreciation	$484M	$526M	$478M	$440M	$407M	$374M	$351M	$333M	$316M	$298M	·	$260M	$242M	$224M	·	$190M
Goodwill	$275M	$366M	$366M	$401M	$401M	$403M	$275M	$275M	$275M	$275M	·	$275M	$260M	$260M	·	$263M
Intangibles	$56M	$42M	$43M	$44M	$45M	$47M	$46M	$47M	$49M	$51M	·	$55M	$56M	$58M	·	$62M
Other Non-current Assets	$100M	$99M	·	$71M	$67M	$67M	·	$84M	$65M	$71M	·	$38M	$45M	$27M	·	$26M
Total Assets	$5.75B	$5.69B	$5.75B	$5.45B	$4.41B	$4.14B	$2.37B	$2.44B	$2.45B	$2.34B	·	$2.39B	$2.44B	$2.45B	·	$2.53B
Current Liabilities	$1.33B	$362M	$410M	$1.77B	$363M	$371M	$251M	$174M	$138M	$240M	·	$162M	$182M	$155M	·	$172M
Capital Leases	$91M	$85M	$71M	$61M	$60M	$60M	$61M	$62M	$61M	$62M	·	$61M	$62M	$63M	·	$62M
Total Liabilities	$5.11B	$4.87B	$4.80B	$4.37B	$3.63B	$3.28B	$1.92B	$1.82B	$1.81B	$1.68B	·	$1.60B	$1.61B	$1.65B	·	$1.72B
Long-term Debt	$2.76B	$3.81B	$3.77B	$3.73B	$3.08B	$2.75B	$1.59B	$1.54B	$1.55B	$1.34B	·	$1.32B	$1.30B	$1.27B	·	$1.19B
Total Debt	$2.76B	$3.81B	·	$3.73B	$3.08B	$2.66B	·	$1.54B	$1.55B	$1.27B	·	$1.32B	$1.30B	$1.27B	·	$1.19B
Common Stock	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	$1M	·	$994.0K	$994.0K	$994.0K	·	$994.0K
Paid-in Capital	$554M	$590M	$624M	$675M	$725M	$748M	$764M	$786M	$804M	$823M	·	$863M	$875M	$893M	·	$929M
Retained Earnings	$-754M	$-626M	$-513M	$-439M	$-333M	$-274M	$-406M	$-292M	$-259M	$-222M	·	$-151M	$-110M	$-87M	·	$-14M
AOCI	$-131M	$-87M	$-91M	$-56M	$-17M	$943.0K	$-157M	$-125M	$-151M	$-200M	$-179M	$-179M	$-185M	$-247M	$-300M	$-342M
Stockholders' Equity	$-330M	$-122M	$21M	$181M	$375M	$476M	$203M	$371M	$395M	$403M	·	$534M	$581M	$560M	·	$574M
Liabilities + Equity	$5.75B	$5.69B	$5.75B	$5.45B	$4.41B	$4.14B	$2.37B	$2.44B	$2.45B	$2.34B	·	$2.39B	$2.44B	$2.45B	·	$2.53B
Shares Outstanding	118,181,737	118,163,555	116,294,461	116,294,461	115,087,817	114,761,435	113,934,860	113,745,115	101,704,885	101,693,823	·	99,490,386	99,470,553	99,445,074	·	99,387,467

Flusso di cassa 14

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
D&A	$40M	$51M	$39M	$35M	$34M	$25M	$19M	$19M	$20M	$21M	$20M	$20M	$20M	$20M	$18M	$18M
Deferred Tax	·	·	$30M	$5M	$529.0K	$-42M	$733.0K	$-306.0K	$156.0K	$1M	$-132.0K	$38.0K	$563.0K	$2M	$-866.0K	$2M
Other Non-cash	·	$7M	·	·	·	$-189M	·	·	·	$25M	·	·	·	$2M	·	·
Operating Cash Flow	$39M	$-69M	$-3M	$-24M	$-5M	$-86M	$-8M	$14M	$-18M	$-4M	$8M	$15M	$-5M	$-12M	$-5M	$18M
CapEx	$83M	$46M	$66M	$66M	$82M	$67M	$26M	$26M	$15M	$13M	$20M	$13M	$26M	$40M	$45M	$58M
Investing Cash Flow	$-133M	$-45M	$-46M	$-1.18B	$-86M	$164M	$-28M	$-37M	$-34M	$-19M	$-8M	$-45M	$-28M	$-67M	$-72M	$-74M
Debt Issued	$98M	$1.31B	$50M	$1.25B	$466M	$28M	$49M	$0	$450M	$0	$19M	$96M	$25M	$42M	$37M	$473M
Net Debt Issued	·	$-11M	·	·	·	$28M	·	·	·	$0	·	·	·	$42M	·	·
Stock Issued	·	·	$0	·	·	·	$0	·	·	·	·	·	·	·	·	·
Dividends Paid	$4M	$4M	$3M	$3M	$3M	$3M	$3M	$3M	$6M	$0	$3M	$3M	$3M	$3M	$3M	$0
Financing Cash Flow	$72M	$16M	$21M	$1.11B	$316M	$-3M	$39M	$-19M	$174M	$-454.0K	$10M	$10M	$21M	$38M	$30M	$6M
Net Change in Cash	$-55M	$-99M	$-28M	$-94M	$225M	$76M	$3M	$-42M	$122M	$-23M	$10M	$-20M	$-11M	$-41M	$-47M	$-50M
Free Cash Flow	·	$-116M	·	·	·	$-152M	·	·	·	$-17M	·	·	·	$-52M	·	·
Levered FCF	·	$-201M	·	·	·	$-218M	·	·	·	$-45M	·	·	·	$-76M	·	·

Redditività 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Net Margin	-74.7%	-67.5%	·	-74.4%	-57.2%	125.0%	·	-51.6%	-56.7%	-60.9%	·	-62.0%	-41.4%	-46.9%	·	-55.0%
Pretax Margin	-80.9%	-65.7%	·	-70.8%	-56.4%	81.8%	·	-51.7%	-56.4%	-58.8%	·	-62.0%	-40.4%	-44.7%	·	-53.0%
EBITDA Margin	21.2%	26.9%	·	24.8%	27.8%	26.0%	·	23.4%	23.8%	24.9%	·	25.0%	24.8%	26.3%	·	23.1%
ROA	-2.8%	-2.6%	·	-2.6%	-2.0%	3.7%	·	-1.8%	-2.0%	-2.1%	·	-2.0%	-1.4%	-2.9%	·	-3.4%
ROE	-610.4%	-71.9%	·	-37.9%	-18.2%	27.4%	·	-9.5%	-9.9%	-10.4%	·	-9.0%	-3.5%	-12.8%	·	-15.1%

Liquidità e Solvibilità 4

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	0.3	1.1	·	0.3	1.5	0.9	·	1.4	2.1	0.7	·	1.1	1.2	1.5	·	2.1
Quick Ratio	0.0	0.1	·	0.0	0.1	0.1	·	0.1	0.2	0.1	·	0.2	0.2	0.3	·	0.4
Debt / Equity	-8.4	-31.1	·	20.6	8.2	5.6	·	4.1	3.9	3.1	·	2.5	2.2	2.3	·	2.1
LT Debt / Equity	-6.9	-30.9	·	12.2	8.0	5.6	·	4.1	3.9	3.1	·	2.5	2.2	2.3	·	2.1

Efficienza 1

Metrica	Tendenza	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover		0.0	0.0	·	0.0	0.0	0.0	·	0.0	0.0	0.0	·	0.0	0.0	0.1	·	0.1

Per Azione 5

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$-2.79	$-1.04	·	$1.56	$3.26	$4.15	·	$3.26	$3.88	$3.96	·	$5.37	$5.84	$5.63	·	$5.77
Revenue / Share	$1.58	$1.61	·	$1.22	$1.06	$0.78	·	$0.76	$0.81	$0.79	·	$0.78	$0.80	$0.74	·	$0.76
Cash Flow / Share	·	$-0.59	·	·	·	$-0.70	·	·	·	$-0.04	·	·	·	$-0.12	·	·
Cash / Share	$0.28	$0.32	·	$0.30	$0.29	$0.23	·	$0.18	$0.33	$0.23	·	$0.25	$0.43	$0.40	·	$0.70
EPS (TTM)	$-5.15	$-4.47	·	$-2.43	$-1.50	$-1.29	·	$-1.97	$-2.07	$-1.93	·	$-1.90	$-1.78	$-1.70	·	$-1.34

Valutazione (TTM) 14

Metrica	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$659M	$595M	·	$440M	$383M	$345M	·	$332M	$330M	$327M	·	$310M	$308M	$292M	·	$238M
Net Income TTM	$-469M	$-399M	·	$-179M	$-117M	$-96M	·	$-181M	$-188M	$-174M	·	$-176M	$-169M	$-173M	·	$-157M
Market Cap	$548M	$584M	·	$507M	$710M	$520M	·	$1.06B	$878M	$639M	·	$320M	$367M	$298M	·	$239M
Enterprise Value	$3.28B	$4.36B	·	$4.20B	$3.76B	$3.16B	·	$2.58B	$2.40B	$1.88B	·	$1.61B	$1.63B	$1.53B	·	$1.36B
P/E	-0.9	-1.1	·	-1.8	-4.1	-3.5	·	-4.8	-4.2	-3.3	·	-1.7	-2.1	-1.8	·	-1.8
P/S	0.8	1.0	·	1.2	1.9	1.5	·	3.2	2.7	2.0	·	1.0	1.2	1.0	·	1.0
P/B	-1.7	-4.8	·	2.8	1.9	1.1	·	2.9	2.2	1.6	·	0.6	0.6	0.5	·	0.4
P / Tangible Book	·	·	·	·	·	19.6	·	22.1	12.4	8.4	·	1.6	1.4	1.2	·	1.0
P / Cash Flow	·	-8.4	·	·	·	-6.1	·	·	·	-164.5	·	·	·	-24.6	·	·
EV / Revenue	5.0	7.3	·	9.6	9.8	9.1	·	7.8	7.3	5.8	·	5.2	5.3	5.2	·	5.7
Dividend Yield	2.6%	2.4%	·	2.7%	1.9%	3.2%	·	1.2%	1.4%	1.5%	·	3.9%	2.5%	2.1%	·	·
Earnings Yield	-111.0%	-90.5%	·	-55.7%	-24.3%	-28.5%	·	-21.1%	-24.0%	-30.7%	·	-59.0%	-48.2%	-56.7%	·	-55.8%
Payout Ratio	·	-2.8%	·	·	·	2.9%	·	·	·	0.00%	·	·	·	-8.6%	·	·
Annual Payout	$14M	$14M	·	$14M	$14M	$17M	·	$13M	$13M	$9M	·	$12M	$9M	$6M	·	·

Periodo più recente a sinistra · valori nulli mostrati come ·

Bilanci Conto economico, stato patrimoniale, flusso di cassa — annuale, ultimi 5 anni

16

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Ricavi	$503M	$331M	$320M	$262M	$120M
Utile netto	$-152M	$-266M	$-160M	$-188M	$-106M
EPS Diluito	$-2.26	$-2.72	$-1.79	$-1.73	$-0.80

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Debito / Patrimonio Netto	177.0	7.8	2.8	2.2	·
Rapporto corrente	1.2	0.9	1.2	1.7	·
Quick Ratio	0.1	0.1	0.2	0.2	·

Metrica	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Flusso di cassa libero	$-399M	$-95M	$-94M	$-260M	·

Proprietari istituzionali (13F) 199 filer · $519.4M totale · Aggiornato al 30 Giugno 2026

17

Istituzioni che segnalano il possesso di questo titolo nel loro Modulo SEC 13F trimestrale. Solo posizioni lunghe; un singolo depositante può apparire due volte per diverse gambe di opzioni. Grandi posizioni put/call contrapposte riflettono tipicamente market-making o inventario coperto, non convinzione direzionale.

Detentori 199

Valore detenuto $519.4M

Nuove posizioni 23

Posizioni chiuse 27

Attività istituzionale — Q2 2026 vs trimestre precedente

Nuove posizioni	Posizioni chiuse	Aumentato	Diminuito	Variazione netta delle azioni
23 (-13 vs trimestre precedente)	27 (+5 vs trimestre precedente)	63 (+3 vs trimestre precedente)	51 (+2 vs trimestre precedente)	+4.4M

Confrontato con Q1 2026. Le dichiarazioni SEC Form 13F sono dovute entro 45 giorni dalla fine del trimestre più un breve margine per i dichiaranti in ritardo — i trimestri ancora all'interno di questa finestra vengono saltati a favore della coppia più recente completamente riportata.

Istituzione	Valore	Azioni	% di 13F tracciati	Tipo
WELLINGTON MANAGEMENT GROUP LLP	$62.595.229	13.490.351	12,05%	Azioni
WASHINGTON STATE INVESTMENT BOARD	$54.686.015	11.785.779	10,53%	Azioni
BlackRock, Inc.	$41.530.869	8.950.618	8,00%	Azioni
FRONTIER CAPITAL MANAGEMENT CO LLC	$38.315.748	8.257.704	7,38%	Azioni
VANGUARD GROUP INC	$29.046.795	6.300.823	5,59%	Azioni
CASPIAN CAPITAL LP	$24.180.464	5.211.307	4,66%	Azioni
VANGUARD CAPITAL MANAGEMENT LLC	$22.494.511	4.847.955	4,33%	Azioni
ALLIANCEBERNSTEIN L.P.	$21.011.262	4.253.292	4,05%	Azioni
Long Focus Capital Management, LLC	$16.319.850	3.517.209	3,14%	Azioni
ROYCE & ASSOCIATES LP	$15.346.048	3.307.338	2,95%	Azioni
STATE STREET CORP	$13.928.245	3.001.777	2,68%	Azioni
GEODE CAPITAL MANAGEMENT, LLC	$13.675.666	2.946.803	2,63%	Azioni
First Eagle Investment Management, LLC	$12.748.688	2.747.562	2,45%	Azioni
GARNET EQUITY CAPITAL HOLDINGS, INC.	$10.041.781	2.164.177	1,93%	Azioni
Shay Capital LLC	$9.901.997	2.134.051	1,91%	Azioni
Pingora Partners LLC	$9.716.406	2.094.053	1,87%	Azioni
CenterBook Partners LP	$9.108.213	1.962.977	1,75%	Azioni
Diamond Hill Capital Management, LLC (Investment Advisor)	$8.591.484	1.851.613	1,65%	Azioni
GOLDMAN SACHS GROUP INC	$6.261.810	1.349.528	1,21%	Azioni
American Assets Capital Advisers	$5.615.676	1.287.999	1,08%	Azioni
ARES MANAGEMENT LLC	$5.556.651	1.197.554	1,07%	Azioni
BARD ASSOCIATES INC	$5.551.607	1.196.467	1,07%	Azioni
UBS Group AG	$4.895.891	1.055.149	0,94%	Azioni
NORTHERN TRUST CORP	$4.849.376	1.045.124	0,93%	Azioni
CITADEL ADVISORS LLC	$4.363.786	940.471	0,84%	Azioni
VANGUARD PORTFOLIO MANAGEMENT LLC	$4.160.540	896.668	0,80%	Azioni
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$4.136.212	891.425	0,80%	Azioni
Occam Crest Management LP	$4.082.400	1.080.000	0,79%	Azioni
VANGUARD FIDUCIARY TRUST CO	$3.866.934	833.391	0,74%	Azioni
Orchard Capital Management, LLC	$3.815.709	822.351	0,73%	Azioni
Cruiser Capital Advisors, LLC	$3.222.160	694.431	0,62%	Azioni
FIFTH THIRD BANCORP	$2.535.811	546.511	0,49%	Azioni
WELLS FARGO & COMPANY/MN	$2.181.483	470.147	0,42%	Azioni
DIMENSIONAL FUND ADVISORS LP	$2.014.910	434.779	0,39%	Azioni
TUDOR INVESTMENT CORP ET AL	$1.642.866	354.066	0,32%	Azioni
COMERICA BANK	$1.630.308	353.646	0,31%	Azioni
LAZARD ASSET MANAGEMENT LLC	$1.545.092	332.994	0,30%	Azioni
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	$1.457.038	294.947	0,28%	Azioni
Bank of New York Mellon Corp	$1.425.903	307.307	0,27%	Azioni
KIM, LLC	$1.363.701	293.901	0,26%	Azioni
BANK OF AMERICA CORP /DE/	$1.343.393	289.525	0,26%	Azioni
Nuveen, LLC	$1.341.629	289.144	0,26%	Azioni
Swiss National Bank	$1.045.392	225.300	0,20%	Azioni
Biltmore Family Office, LLC	$1.040.509	224.248	0,20%	Azioni
Inscription Capital, LLC	$940.774	202.753	0,18%	Azioni
JANE STREET GROUP, LLC	$895.877	193.077	0,17%	Azioni
CM WEALTH ADVISORS LLC	$893.924	192.656	0,17%	Azioni
RHUMBLINE ADVISERS	$838.203	180.649	0,16%	Azioni
MORGAN STANLEY	$826.537	178.133	0,16%	Azioni
MYDA Advisors LLC	$821.280	177.000	0,16%	Azioni

Mostra tutti i 199 proprietari istituzionali →

Attivisti e proprietari del 5%+ 1 partecipazione

18

Investitori che hanno depositato SEC Schedule 13D — proprietà effettiva superiore al 5% con l'intento di influenzare l'emittente (partecipazioni attiviste, campagne per il consiglio di amministrazione, M&A). Ogni riga mostra lo stato più recente noto della posizione di quel depositante.

Depositante	Depositato	Partecipazione	Stato	Scopo	Deposito
LIF AIV 1, L.P., Labor Impact Fund, L.P., GCM Investments GP, LLC, Grosvenor Capital Management Holdings, LLLP, GCM Grosvenor Holdings, LLC, GCM Grosvenor Inc., GCM V, LLC, Sacks Michael Jay ×2 depositi	02 Luglio 2026	15,84%	Modifica	·	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Insider aziendali 7 insider · 3 dirigenti · 4 direttori

19

Insider	Ruolo	Ultima attività	Azioni possedute	Acquisti 12m	Netto 12m
Kenneth J. Nicholson	CEO and President	20 Agosto 2025 M	2.175.539	0	$0
Carl Russell Fletcher IV	CFO and CAO	28 Maggio 2026 P	40.000	1	$45.800
Scott Christopher	CFO, CAO	03 Agosto 2022 P	17.800	0	$0
James L. Hamilton	Direttore	29 Giugno 2026 A	9.410	0	$0
Judith A Hannaway	Direttore	29 Giugno 2026 A	14.047	0	$0
Ray M Robinson	Direttore	29 Giugno 2026 A	111.991	0	$0
Joseph P. Adams Jr.	Direttore	27 Maggio 2025 M	725.127	0	$0

Insider dai depositi SEC Modulo 3/4/5; netto = solo acquisti/vendite di mercato

Proprietà ETF Posseduti da 24 ETF

20

Il peso riflette solo le partecipazioni azionarie dirette (N-PORT); fondi a leva o basati su derivati possono detenere ulteriore esposizione swap non mostrata.

Fondo	Peso	Unità	Aggiornato al	Fonte
ESSC · Strategy Shares	0,15%	14.416 NS	31 Luglio 2026	N-PORT
IWC · iShares Trust	0,09%	376.064 SH	11 Settembre 2026	Giornaliero
IYT · iShares Trust	0,05%	314.638 SH	11 Settembre 2026	Giornaliero
VTWG · VANGUARD SCOTTSDALE FUNDS	0,03%	118.189 SH	19 Agosto 2026	Giornaliero
TPOR · Direxion Shares ETF Trust	0,02%	1.173 NS	31 Luglio 2026	N-PORT
IWO · iShares Trust	0,02%	1.034.595 SH	11 Settembre 2026	Giornaliero
VTWO · VANGUARD SCOTTSDALE FUNDS	0,02%	633.513 SH	19 Agosto 2026	Giornaliero
RSSL · Global X Funds	0,01%	52.613 NS	31 Luglio 2026	N-PORT
IWM · iShares Trust	0,01%	2.766.377 SH	11 Settembre 2026	Giornaliero
VXF · VANGUARD INDEX FUNDS	0,01%	1.371.637 SH	19 Agosto 2026	Giornaliero
VIS · VANGUARD WORLD FUND	0,01%	136.349 SH	19 Agosto 2026	Giornaliero
PRFZ · Invesco Exchange-Traded Fund Trust	0,01%	71.764 SH	02 Ottobre 2026	Giornaliero
FIDU · FIDELITY COVINGTON TRUST	0,01%	35.831 NS	31 Luglio 2026	N-PORT
WSML · iShares Trust	0,00%	7.864 SH	11 Settembre 2026	Giornaliero
OMFS · Invesco Exchange-Traded Self-Indexe…	0,00%	3.699 SH	02 Ottobre 2026	Giornaliero
ITOT · iShares Trust	0,00%	195.666 SH	11 Settembre 2026	Giornaliero
DFAS · Dimensional ETF Trust	0,00%	30.624 NS	31 Luglio 2026	N-PORT
IWV · iShares Trust	0,00%	33.449 SH	11 Settembre 2026	Giornaliero
DCOR · Dimensional ETF Trust	0,00%	4.424 NS	31 Luglio 2026	N-PORT
DFAU · Dimensional ETF Trust	0,00%	8.776 NS	31 Luglio 2026	N-PORT
DFUS · Dimensional ETF Trust	0,00%	14.279 NS	31 Luglio 2026	N-PORT
DFAC · Dimensional ETF Trust	0,00%	37.621 NS	31 Luglio 2026	N-PORT
VTI · VANGUARD INDEX FUNDS	0,00%	3.368.534 SH	19 Agosto 2026	Giornaliero
VTHR · VANGUARD SCOTTSDALE FUNDS	0,00%	8.617 SH	19 Agosto 2026	Giornaliero

FIP Consenso degli analisti Opinioni degli analisti, sia rialziste che ribassiste, target price a 12 mesi, potenziale di rialzo

21

rating · 8 analisti COMPRA

Target mediano $9.50 +253,8%

3 37,5% Acquisto forte

4 50,0% Compra

1 12,5% Mantieni

0 0,0% Vendi

0 0,0% Vendita forte

Target Price a 12 Mesi

4 analisti · 2026-09-30

Target medio $9.94 +270,1%

← Sotto tutti i target Prezzo attuale $2.69

Basso$8.75 Media$9.94 Alto$12.00

Confronto Peer (GICS sub-settore industriale) Metriche chiave rispetto ai pari del settore

22

Base FY, prezzi alla chiusura dell'ultimo anno fiscale di ciascuna società.

Ticker	Capitalizzazione di Mercato	P/E	Rev YoY	Margine Netto	ROE	Margine lordo
FIP	$536M	-2.0	51.6%	-30.3%	-135.8%	·
UNP	$137.23B	19.3	1.1%	29.1%	41.1%	·
CSX	$67.42B	23.5	-3.1%	20.5%	22.6%	·
NSC	$64.79B	22.6	0.47%	23.6%	18.9%	·

Le Mie Metriche La tua watchlist personale — righe selezionate da Fondamentali Completi

26

Scegli le metriche che contano per te: fai clic sul + accanto a qualsiasi riga in Fondamentali Completi sopra.

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FIP FTAI Infrastructure Inc. - Common Stock