# Keel Infrastructure Corp.: financial statements, quarterly

KEEL · Nasdaq · CIK 1812477 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/keel.md) · [Financials](/companies/keel/financials.md) · [Filings](/companies/keel/filings.md) · [Insiders](/companies/keel/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/keel/financials.md?period=annual).

## Income statement

| Line item | Unit | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: |
| Revenue | $m | [47.7](/filings/0001213900-26-054166.md) | [60.9](/filings/0001812477-26-000023.md) | [37.0](/filings/0001213900-26-054166.md) | [30.4](/filings/0001812477-26-000023.md) |
| Cost of revenue | $m | [47.4](/filings/0001213900-26-054166.md) | [64.8](/filings/0001812477-26-000023.md) | [63.3](/filings/0001213900-26-054166.md) | [117](/filings/0001812477-26-000023.md) |
| Gross profit | $m | [0.3](/filings/0001213900-26-054166.md) | [(3.9)](/filings/0001812477-26-000023.md) | [(26.3)](/filings/0001213900-26-054166.md) | [(86.8)](/filings/0001812477-26-000023.md) |
| Operating income | $m | [(34.8)](/filings/0001213900-26-054166.md) | [10.8](/filings/0001812477-26-000023.md) | [(98.4)](/filings/0001213900-26-054166.md) | [(141)](/filings/0001812477-26-000023.md) |
| Interest expense | $m | [0.2](/filings/0001213900-26-054166.md) | [1.6](/filings/0001812477-26-000023.md) | [3.6](/filings/0001213900-26-054166.md) | [2.1](/filings/0001812477-26-000023.md) |
| Income tax | $m | [0.2](/filings/0001213900-26-054166.md) | [0.0](/filings/0001812477-26-000023.md) | [(0.0)](/filings/0001213900-26-054166.md) | [0.0](/filings/0001812477-26-000023.md) |
| Net income | $m | [(55.6)](/filings/0001213900-26-054166.md) | [(5.5)](/filings/0001812477-26-000023.md) | [(145)](/filings/0001213900-26-054166.md) | [(65.0)](/filings/0001812477-26-000023.md) |
| Diluted EPS | $ per share | [(0.11)](/filings/0001213900-26-054166.md) | [(0.01)](/filings/0001812477-26-000023.md) | [(0.24)](/filings/0001213900-26-054166.md) | [(0.11)](/filings/0001812477-26-000023.md) |
| Basic EPS | $ per share | [(0.11)](/filings/0001213900-26-054166.md) | [(0.01)](/filings/0001812477-26-000023.md) | [(0.24)](/filings/0001213900-26-054166.md) | [(0.11)](/filings/0001812477-26-000023.md) |

- Revenue: us-gaap:Revenues, us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | period not labelled (2019-12-31) | period not labelled (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | period not labelled (2025-03-31) | period not labelled (2025-06-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [2.2](/filings/0001213900-22-015279.md) | [5.9](/filings/0001213900-23-021559.md) | [126](/filings/0001213900-24-107072.md) | [30.9](/filings/0001213900-25-026575.md) | [84.0](/filings/0001213900-26-037514.md) | [59.5](/filings/0001213900-26-037514.md) | [38.5](/filings/0001213900-26-054166.md) | [85.4](/filings/0001812477-26-000023.md) | [573](/filings/0001812477-26-000023.md) | [357](/filings/0001213900-26-054166.md) | [716](/filings/0001812477-26-000023.md) |
| Current assets | $m | not reported | [9.2](/filings/0001213900-22-015279.md) | [287](/filings/0001213900-23-021559.md) | [69.1](/filings/0001213900-24-107072.md) | [130](/filings/0001213900-25-026575.md) | [214](/filings/0001213900-26-037514.md) | not reported | not reported | [826](/filings/0001812477-26-000023.md) | [576](/filings/0001213900-26-054166.md) | [896](/filings/0001812477-26-000023.md) |
| Total assets | $m | not reported | [51.7](/filings/0001213900-22-015279.md) | [543](/filings/0001213900-23-021559.md) | [343](/filings/0001213900-24-107072.md) | [379](/filings/0001213900-25-026575.md) | [663](/filings/0001213900-26-037514.md) | not reported | not reported | [1,296](/filings/0001812477-26-000023.md) | [1,067](/filings/0001213900-26-054166.md) | [1,416](/filings/0001812477-26-000023.md) |
| Current liabilities | $m | not reported | [28.5](/filings/0001213900-22-015279.md) | [101](/filings/0001213900-23-021559.md) | [67.4](/filings/0001213900-24-107072.md) | [69.2](/filings/0001213900-25-026575.md) | [28.2](/filings/0001213900-26-037514.md) | not reported | not reported | [148](/filings/0001812477-26-000023.md) | [59.9](/filings/0001213900-26-054166.md) | [55.1](/filings/0001812477-26-000023.md) |
| Total liabilities | $m | not reported | [36.3](/filings/0001213900-22-015279.md) | [120](/filings/0001213900-23-021559.md) | [87.7](/filings/0001213900-24-107072.md) | [84.0](/filings/0001213900-25-026575.md) | [52.0](/filings/0001213900-26-037514.md) | not reported | not reported | [736](/filings/0001812477-26-000023.md) | [648](/filings/0001213900-26-054166.md) | [1,087](/filings/0001812477-26-000023.md) |
| Long-term debt | $m | not reported | not reported | not reported | not reported | [4.0](/filings/0001213900-26-037514.md) | [1.4](/filings/0001213900-26-037514.md) | not reported | not reported | [572](/filings/0001812477-26-000023.md) | [573](/filings/0001213900-26-054166.md) | [1,019](/filings/0001812477-26-000023.md) |
| Current portion of debt | $m | not reported | not reported | not reported | not reported | not reported | [0.1](/filings/0001213900-26-037514.md) | not reported | not reported | [97.0](/filings/0001812477-26-000023.md) | [4.2](/filings/0001213900-26-054166.md) | [6.8](/filings/0001812477-26-000023.md) |
| Shareholders' equity | $m | [28.1](/filings/0001213900-22-015279.md) | [15.4](/filings/0001213900-23-021559.md) | [359](/filings/0001213900-24-107072.md) | [247](/filings/0001213900-26-037514.md) | [325](/filings/0001213900-26-037514.md) | [611](/filings/0001812477-26-000023.md) | [661](/filings/0001812477-26-000023.md) | [662](/filings/0001812477-26-000023.md) | [560](/filings/0001812477-26-000023.md) | [419](/filings/0001812477-26-000023.md) | [329](/filings/0001812477-26-000023.md) |

- Cash and equivalents: ifrs-full:CashAndCashEquivalents, us-gaap:Cash
- Current assets: ifrs-full:CurrentAssets, us-gaap:AssetsCurrent
- Total assets: ifrs-full:Assets, us-gaap:Assets
- Current liabilities: ifrs-full:CurrentLiabilities, us-gaap:LiabilitiesCurrent
- Total liabilities: ifrs-full:Liabilities, us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt, us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: ifrs-full:Equity, us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [(18.8)](/filings/0001213900-26-054166.md) | [(74.9) d](/filings/0001812477-26-000023.md) | [(64.7)](/filings/0001213900-26-054166.md) | [(52.9) d](/filings/0001812477-26-000023.md) |
| Capital expenditure | $m | [43.3](/filings/0001213900-26-054166.md) | [18.7 d](/filings/0001812477-26-000023.md) | [10.3](/filings/0001213900-26-054166.md) | [43.1 d](/filings/0001812477-26-000023.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets

## Shares

| Line item | Unit | period not labelled (2025-03-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [500](/filings/0001213900-26-054166.md) | [603](/filings/0001213900-26-054166.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 617,573,212 at 2026-08-07, from the cover of the [10-Q filed 2026-08-10](/filings/0001812477-26-000023.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:48 ET. No prices; not investment advice.