Keel Infrastructure Corp.

KEEL

KEELKeel Infrastructure Corp. US flag

NASDAQ

4.69

USD

+0.04

- -

2.83BMarket Cap

Income Statement (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	- -	34	32	35	169	142	120	133	229
+ Sales & Services Revenue	- -	34	32	35	169	142	120	133	229
- Cost of Revenue	- -	23	21	32	58	132	144	149	248
+ Cost of Goods & Services	- -	23	21	32	58	132	144	149	248
Gross Profit	- -	11	11	3	111	11	-24	-16	-19
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	9	10	8	48	58	34	62	78
+ Selling, General & Admin	- -	9	10	8	43	52	34	64	78
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	5	7	- -	-2	- -
Operating Income (Loss)	- -	2	1	-5	63	-48	-58	-78	-97
- Non-Operating (Income) Loss	- -	20	2	11	20	145	-18	-71	111
+ Interest Expense, Net	- -	- -	3	6	3	14	1	-5	5
+ Interest Expense	- -	- -	3	6	3	14	3	1	12
- Interest Income	- -	- -	- -	- -	- -	- -	1	6	6
+ Other Non-Op (Income) Loss	- -	20	-1	5	17	132	-19	-66	106
Pretax Income	- -	-18	- -	-16	43	-193	-40	-7	-208
- Income Tax Expense (Benefit)	- -	- -	-3	- -	21	-17	- -	- -	- -
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	-18	2	-16	22	-176	-40	-7	-209
- Net Extraordinary Losses (Gains)	- -	-18	-2	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	-18	-2	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	- -	4	-16	22	-176	-40	-7	-209
- Minority Interest	- -	9	1	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	-9	3	-16	22	-176	-40	-7	-209
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	-9	3	-16	22	-176	-40	-7	-209
EBIT	- -	2	1	-5	63	-48	-58	-78	-97
EBITDA	- -	15	8	6	87	25	27	58	25
EBITDA Margin (%)	- -	43.22	25.59	17.6	51.62	17.33	22.19	43.21	11.07
EBITA	- -	2	1	-5	63	-48	-58	-78	-97
Gross Margin (%)	- -	32.18	35.28	8.28	65.56	7.38	-19.72	-11.94	-8.25
Operating Margin (%)	- -	6.1	4.49	-15.49	37.18	-33.52	-47.85	-58.4	-42.41
Profit Margin (%)	- -	-27.7	8.94	-46.94	13.06	-123.32	-33.17	-5.52	-90.94
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	- -	13	7	11	24	72	84	135	123
Basic Weighted Avg Shares	- -	57	67	85	158	208	262	415	552
Basic EPS, GAAP	- -	-0.16	0.04	-0.19	0.14	-0.84	-0.15	-0.02	-0.38
Basic EPS from Cont Ops	- -	-0.32	0.03	-0.19	0.14	-0.84	-0.15	-0.02	-0.38
Diluted Weighted Avg Shares	- -	57	71	85	170	208	262	415	552
Diluted EPS, GAAP	- -	-0.16	0.04	-0.19	0.13	-0.84	-0.15	-0.02	-0.38
Diluted EPS from Cont Ops	- -	-0.32	0.03	-0.19	0.13	-0.84	-0.15	-0.02	-0.38

Balance Sheet (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	8	3	7	9	287	69	130	214	826
+ Cash, Cash Equivalents & STI	5	1	2	6	192	35	116	147	573
+ Cash & Cash Equivalents	5	1	2	6	126	31	84	60	573
+ ST Investments	- -	- -	- -	- -	66	5	32	87	- -
+ Accounts & Notes Receiv	1	1	4	1	1	17	2	6	27
+ Accounts Receivable, Net	- -	1	2	1	1	1	1	1	5
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	1	- -	2	- -	- -	16	1	4	21
+ Inventories	- -	- -	- -	- -	1	1	1	1	9
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	6
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	1	1	1	1	3
+ Other ST Assets	3	1	1	2	94	16	11	60	218
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	26	23	46	43	255	274	249	449	470
+ Property, Plant & Equip, Net	21	21	44	41	107	268	240	301	392
+ Property, Plant & Equip	22	49	75	74	146	417	467	465	581
- Accumulated Depreciation	1	28	31	32	40	149	227	164	190
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	1
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	1
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	5	2	2	1	149	6	9	149	77
+ Total Intangible Assets	5	1	1	- -	19	- -	4	5	3
+ Goodwill	- -	- -	- -	- -	17	- -	- -	- -	- -
+ Other Intangible Assets	5	1	1	- -	2	- -	4	5	3
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	- -	1	1	1	130	6	5	144	74
Total Assets	35	26	53	52	543	343	379	663	1,296
+ Payables & Accruals	6	4	2	3	27	21	22	26	46
+ Accounts Payable	4	3	2	2	14	13	9	8	16
+ Accrued Taxes	1	1	- -	- -	12	- -	1	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	1	- -	8	12	18	30
+ ST Debt	- -	1	2	21	75	47	7	2	99
+ ST Borrowings	- -	1	1	17	70	43	4	- -	97
+ ST Finance Leases	- -	- -	1	4	4	4	3	2	2
+ Other ST Liabilities	- -	- -	- -	5	64	- -	40	- -	3
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	5	64	- -	40	- -	3
Total Current Liabilities	6	5	4	28	165	67	69	28	148
+ LT Debt	- -	1	21	8	10	18	13	21	585
+ LT Borrowings	- -	1	15	- -	1	4	- -	1	572
+ LT Finance Leases	- -	- -	6	7	9	14	13	20	13
+ Other LT Liabilities	1	- -	- -	- -	9	2	2	3	3
+ Accrued Liabilities	1	- -	- -	- -	8	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	2	2	3	3
Total Noncurrent Liabilities	1	1	21	8	19	20	15	24	588
Total Liabilities	7	6	25	36	184	88	84	52	736
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	23	39	34	38	381	453	592	939	1,173
+ Common Stock	- -	20	30	32	355	405	535	838	1,065
+ Additional Paid in Capital	23	20	3	6	26	48	57	101	108
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	5	-9	-6	-22	-22	-197	-300	-328	-612
+ Other Equity	- -	- -	3	6	- -	- -	3	23	- -
Equity Before Minority Interest	28	15	28	15	359	255	295	611	560
+ Minority/Non Controlling Interest	- -	5	- -	- -	- -	- -	- -	- -	- -
Total Equity	28	21	28	15	359	255	295	611	560
Total Liabilities & Equity	35	26	53	52	543	343	379	663	1,296
Shares Outstanding	15	40	84	89	195	224	334	479	602
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	6	11	14	18	16	22	14
Net Debt	-5	1	14	11	-54	16	-80	-58	96
Net Debt to Equity	-16.19	5.65	48.29	73.79	-15.16	6.4	-27.15	-9.48	17.13
Tangible Common Equity Ratio	77.72	77.87	52.53	29.36	64.96	74.44	77.61	92.11	43.1
Current Ratio	1.48	0.71	1.63	0.32	1.74	1.02	1.88	7.59	5.58
Cash Conversion Cycle	- -	-48.33	-27.2	-9.2	-46.83	-34.07	-24.02	-16.16	-4.91

Cash Flow Statement (USD)

API ChatGPT

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	- -	-18	2	-16	22	-176	-56	-28	-285
+ Depreciation & Amortization	- -	13	7	11	24	72	84	135	123
+ Non-Cash Items	- -	20	- -	9	-105	-15	-138	-241	-66
+ Stock-Based Compensation	- -	1	3	2	23	22	11	13	15
+ Deferred Income Taxes	- -	-1	-2	- -	9	-32	14	-2	- -
+ Asset Impairment Charge	- -	19	- -	- -	- -	93	13	4	102
+ Other Non-Cash Adj	- -	1	-1	7	-137	-98	-176	-256	-183
+ Chg in Non-Cash Work Cap	- -	- -	-3	3	15	-4	3	-7	1
+ (Inc) Dec in Accts Receiv	- -	- -	-2	- -	- -	- -	- -	-1	-2
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	-5
+ (Inc) Dec in Prepaid Assets	- -	-1	- -	- -	-1	- -	- -	5	- -
+ Inc (Dec) in Accts Payable	- -	- -	- -	2	21	- -	- -	-16	-2
+ Inc (Dec) in Other	- -	1	-1	1	-5	-5	3	4	10
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	14	6	7	-43	-122	-107	-142	-227
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	1	1	1	10	3	5	35
+ Disp of Fixed Prod Assets	- -	- -	1	1	1	10	3	5	35
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	-23	-24	-4	-193	-195	-71	-340	-120
+ Acq of Fixed Prod Assets	- -	-23	-24	-4	-193	-195	-71	-340	-120
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	3	5	- -	259	54	109	290	63
+ Increase in Capital Stock	- -	3	5	- -	259	54	109	290	73
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	-10
+ Net Change in LT Investment	- -	- -	- -	- -	6	188	142	140	15
+ Dec in LT Investment	- -	- -	- -	- -	13	382	178	177	205
+ Inc in LT Investment	- -	- -	- -	- -	-7	-194	-36	-36	-190
+ Net Cash From Acq & Div	- -	1	- -	- -	-23	- -	- -	- -	15
+ Cash from Divestitures	- -	1	- -	- -	- -	- -	- -	- -	63
+ Cash for Acq of Subs	- -	- -	- -	- -	-23	- -	- -	- -	-48
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	-2	16	159
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	-22	-22	-4	-209	4	71	-178	104
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	1	13	-2	49	-30	-33	-4	665
+ Cash From Debt	- -	2	15	- -	74	107	- -	2	666
+ Repayments of Debt	- -	- -	-2	-2	-25	-137	-33	-5	-2
+ Other Financing Activities	- -	- -	- -	2	63	- -	13	10	-33
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	- -	4	18	- -	372	24	89	296	694
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	- -	-4	2	4	120	-95	53	-24	571
EBITDA	- -	15	8	6	87	25	27	58	25
EBITDA Margin (%)	- -	43.22	25.59	17.6	51.62	17.33	22.19	43.21	11.07
Free Cash Flow	- -	-9	-18	3	-237	-317	-178	-482	-347
Net Cash Paid for Acquisitions	- -	-1	- -	- -	23	- -	- -	- -	-15
Free Cash Flow to Firm	- -	- -	- -	- -	-235	- -	- -	- -	- -
Free Cash Flow to Equity	- -	-7	-3	2	-186	-337	-208	-480	352
Free Cash Flow per Basic Share	- -	-0.16	-0.26	0.03	-1.5	-1.53	-0.68	-1.16	-0.63
Price/Free Cash Flow	- -	- -	0.91	13.78	5.73	1.26	-21.45	3.12	-12.22
Cash Flow to Net Income	- -	-1.47	2.08	-0.44	-1.96	0.7	2.68	19.26	1.09
Capital Expenditures	- -	-23	-24	-4	-193	-195	-71	-340	-120