Revenue
2023
2024
2025
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $34.0M | $3.8M | $1.3M |
| Operating expenses | $14.1M | $2.6M | $2.2M |
| Operating income | — | $141,762 | −$4.4M |
| Operating margin | — | 3.69% | −334.22% |
| EBITDA | — | $141,762 | −$4.4M |
| EBITDA margin | — | 3.69% | −334.22% |
| Net income | $46.7M | −$1.3M | −$4.2M |
| Net profit margin | 137.23% | −33.56% | −316.94% |
| Basic EPSper basic share | $8.08 | -$0.47 | -$0.42 |
| Diluted EPSper diluted share | $8.08 | -$0.47 | -$0.42 |
Reported shareholders
| Holder | % owned |
|---|---|
Kestrel Intermediate Ledbetter Holdings LLC | ≈23.16%1.81M shares |
Ledbetter Terry Lee | ≈13.28%1.04M shares |
LEDBETTER BRADFORD LUKE | ≈13.28%1.04M shares |
Ledbetter Reta Laurie / Terry Lee Ledbetter & Reta Laurie Ledbetter 2000 Revocable Trust, dated April 10, 2000, as amended | ≈11.58%905.88K shares |
Amtrust Financial Services, Inc. | ≈9.92%776.47K shares |
Haveron Patrick J | ≈3.45%270.21K shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.39%265.63K shares |
BlackRock, Inc. | 2.34%182.91K shares |
Whitefort Capital Management, LP | 2.06%160.92K shares |
METZ LAWRENCE F. | ≈1.31%102.6K shares |
GEODE CAPITAL MANAGEMENT, LLC | 1.06%82.74K shares |
DIMENSIONAL FUND ADVISORS LP | 0.94%73.69K shares |
Russell Investments Group, Ltd. | 0.86%66.94K shares |
VANGUARD FIDUCIARY TRUST CO | 0.50%39.33K shares |
MILLENNIUM MANAGEMENT LLC | 0.40%31.15K shares |
STATE STREET CORP | 0.34%26.73K shares |
GOLDMAN SACHS GROUP INC | 0.32%24.97K shares |
NIGRO STEVEN HAROLD | ≈0.28%22.06K shares |
Sowell Financial Services LLC | 0.26%20.66K shares |
NORTHERN TRUST CORP | 0.20%15.46K shares |
Percentages use 7.82M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.