Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 3.08 3.34 11.93 -2.56 -2.55
Price to Sales 2.54 2.50 2.56 5.23 2.29
Book Value Per Common Share 6.32 6.23 5.68 2.93 3.94
Price to Book 1.09 1.10 1.60 2.87 1.99
Price to Operating Cash Flow 6.56 7.41 8.48 16.66 8.81
Price to Free Cash Flow
Enterprise Value to EBITDA 66378.42 109543.80 74142.04 146015.94 32812.53
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2020-12-31
Price to Earnings 16.13 23.53 50.88 21.26 38.00 67.20 -50.00 -201.00 -72.30 374.50 38.44 126.50 -23.11
Price to Sales 1.89 2.81 5.54 1.80 2.88 5.06 1.45 1.71 4.08 1.42 1.76 4.42 1.69
Book Value Per Common Share 4.37 4.32 4.19 4.30 4.20 4.10 3.55 3.64 3.65 3.55 3.75 3.65 3.34 3.94
Price to Book 2.00 1.96 1.94 1.68 1.81 1.64 1.69 1.66 1.98 2.11 1.64 2.08 2.42 1.99
Price to Operating Cash Flow 4.83 6.97 15.05 4.60 7.43 16.82 4.39 6.87 21.43 5.12 6.73 22.14 5.74
Price to Free Cash Flow
Enterprise Value to EBITDA 50734.50 74283.50 149739.76 46777.06 76158.68 169060.60 76564.63 65030.83 154817.31 45584.83 47558.74 123214.97 47499.02

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 9.80 168.42
Revenue YoY -1.69 -22.09 20.50 -0.14
EBITDA YoY 65.31 -48.64 16.22 3.08
Net Profit YoY 8.22 168.23
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2020-12-31
Earning YoY 50.00 125.00 70.00 100.00 -87.50 166.67
Revenue YoY 50.81 101.54 51.95 97.98 17.31 98.81 50.99 103.64 50.48
EBITDA YoY 48.89 106.04 54.79 150.00 -15.44 98.92 27.26 110.45 50.34
Net Profit YoY 47.52 117.78 69.12 100.92 -86.77 -85.21 177.20 -68.45

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.11 0.07 0.21 0.01 0.13
Quick Ratio 0.39 0.34 0.37 0.27 0.42
Current Ratio 0.66 0.66 0.64 0.57 0.75
Debt to Equity 1.75 1.70 2.20 2.19 4.30
Long-Term Debt to Equity 1.55 1.50 1.81 1.92 3.88
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2020-12-31
Cash Per Common Share 0.20 0.18 0.11 0.23 0.16 0.13 0.39 0.29 0.33 0.05 0.07 0.02 0.07 0.27
Quick Ratio 0.39 0.27 0.44 0.48 0.41 0.36 0.32 0.38 0.45 0.22 0.25 0.30 0.30 0.42
Current Ratio 0.67 0.46 0.77 0.81 0.75 0.71 0.72 0.67 0.81 0.51 0.50 0.68 0.62 0.75
Debt to Equity 3.37 3.36 3.38 3.13 3.20 3.27 4.38 4.22 4.29 4.48 4.12 4.19 4.85 4.30
Long-Term Debt to Equity 2.96 2.80 3.07 2.81 2.85 2.89 3.68 3.53 3.69 3.64 3.42 3.71 4.33 3.88

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.40 2.27 0.79 -1.64 -3.92
ROE 6.59 6.11 2.51 -5.25 -20.80
Gross Margin
Operating Margin 25.85 10.47 8.07 -0.25 -1.30
EBITDA Margin 38.31 22.78 34.56 35.83 34.71
Net Profit Margin 10.23 9.29 2.70 -6.42 -11.90
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2020-12-31
ROA 2.82 1.91 0.89 1.93 1.15 0.57 -0.65 -0.15 -0.51 0.12 0.83 0.30 -1.77
ROE 12.31 8.35 3.88 7.98 4.83 2.45 -3.48 -0.80 -2.71 0.66 4.24 1.57 -10.32
Gross Margin
Operating Margin 25.14 25.73 24.80 26.05 25.21 17.46 6.58 3.61 2.58 4.23 9.20 5.02 -0.70
EBITDA Margin 37.35 37.83 37.01 38.51 37.80 29.94 18.99 26.35 26.33 31.21 37.04 35.84 35.57
Net Profit Margin 11.70 11.96 11.06 8.55 7.68 7.57 -3.00 -0.83 -5.56 0.45 4.55 3.34 -7.20

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2020-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 20,914,656.00 20,428,755.00 21,963,839.00 20,746,496.00 16,116,936.00
   Current Assets 1,006,781.00 1,005,812.00 1,736,635.00 994,478.00 967,394.00
      Cash and Short-Term Investments 205,926.00 131,068.00 388,219.00 26,400.00 207,747.00
            Cash and Cash Equivalents 205,926.00 131,068.00 388,219.00 26,400.00 207,747.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 393,511.00 390,471.00 597,313.00 442,158.00 336,033.00
      Inventory 196,731.00 230,108.00 410,255.00 347,851.00 174,839.00
      Other Current Assets 210,613.00 254,165.00 340,848.00 178,069.00 248,775.00
   Non-Current Assets 19,907,875.00 19,422,943.00 20,227,204.00 19,752,018.00 15,149,542.00
      Property, Plant, Equipment Net 327,951.00 374,895.00 504,423.00 490,053.00 858,517.00
      Goodwill 4,903,899.00 4,903,899.00 12,369,360.00 12,538,129.00 5,236,302.00
      Intangible Assets 4,854,099.00 4,877,493.00 5,091,747.00 5,413,351.00 10,072,302.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 218,639.00 225,499.00 187,766.00 140,604.00 104,791.00
      Other Non-Current Assets 9,603,287.00 9,041,157.00 2,073,908.00 1,169,881.00 -1,122,370.00
Liabilities 13,313,054.00 12,851,463.00 15,097,633.00 14,249,058.00 13,077,600.00
   Current Liabilities 1,523,252.00 1,513,255.00 2,695,527.00 1,750,827.00 1,296,092.00
      Payables and Expenses 789,907.00 900,510.00 1,386,495.00 1,312,941.00 905,746.00
            Account Payables 153,537.00 293,883.00 486,715.00 474,976.00 321,595.00
            Current Accrued Liabilities 636,370.00 606,627.00 899,780.00 837,965.00 584,151.00
      Short-Term Debt 195,791.00 320,612.00 871,917.00 117,592.00 44,764.00
      Other Current Liabilities 537,554.00 292,133.00 437,115.00 320,294.00 345,582.00
   Non-Current Liabilities 11,789,802.00 11,338,208.00 12,402,106.00 12,498,231.00 11,781,508.00
      Long-Term Debt 8,066,236.00 8,068,906.00 9,493,166.00 9,575,098.00 9,769,276.00
      Other Non-Current Liabilities 3,723,566.00 3,269,302.00 2,908,940.00 2,923,133.00 2,012,232.00
Equity 7,601,602.00 7,577,292.00 6,866,206.00 6,497,438.00 3,039,336.00
   Shareholders Equity 11,395,027.00 11,352,555.00 10,253,796.00 9,677,184.00 3,039,336.00
      Capital Stock 17,826.00 18,442.00 18,336.00 18,030.00 0
      Share Premium 7,117,098.00 7,413,305.00 7,380,759.00 7,261,267.00 6,640,763.00
      Retained Earnings -3,318,174.00 -3,617,718.00 -3,909,624.00 -3,952,590.00 -3,491,069.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -7,036.00 -16,162.00 -47,200.00 -68,973.00 -118,615.00
   Minority Interest 0 0 0 0 0
Investments 0 0 0 54,032.00 68,342.00
Debt 8,262,027.00 8,389,518.00 10,365,083.00 9,692,690.00 9,769,276.00
Net Debt 8,056,101.00 8,258,450.00 9,976,864.00 9,666,290.00 9,561,529.00
Common Shares Outstanding 0 0 0 0 771,013.64
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 4,898,446.00 4,982,659.00 6,395,310.00 5,307,111.00 5,314,787.00
   Selling, General and Administrative Expenses 1,477,334.00 1,540,099.00 1,932,604.00 1,789,126.00 1,723,713.00
Operating Income 1,207,081.00 511,759.00 563,677.00 16,605.00 35,301.00
Net Non-Operating Income -391,911.00 -578,286.00 -326,274.00 -487,794.00 -814,220.00
Interest Income 834.00 15,850.00 13,715.00 333.00 1,811.00
Interest Expense 451,000.00 588,000.00 279,000.00 458,000.00 710,000.00
Net Interest -450,166.00 -572,150.00 -265,285.00 -457,667.00 -708,189.00
EBT 815,170.00 -66,527.00 237,403.00 -471,189.00 -778,919.00
Income Tax 546,041.00 4,585.00 60,184.00 130,369.00 146,726.00
Equity Method Investments Income 0 6,572.00 -4,601.00 0 0
Net Income 501,053.00 463,009.00 172,618.00 -340,820.00 -632,193.00
EBIT 1,266,170.00 521,473.00 516,403.00 -13,189.00 -68,919.00
Deprecation and Amortization 610,389.00 613,679.00 1,693,575.00 1,914,779.00 1,913,767.00
EBITDA 1,876,559.00 1,135,152.00 2,209,978.00 1,901,590.00 1,844,848.00
EPS 0.00 0.00 0.00 -0.00 -0.00
Diluted EPS 0.00 0.00 0.00 -0.00 -0.00
Average Shares Outstanding Basic 1,802,532.00 1,823,176.00 1,806,420.00 3,301,460.00 1,552,676.00
Average Shares Outstanding Diluted 1,926,890.00 1,823,176.00 1,939,626.00 3,301,460.00 1,556,854.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,897,596.00 1,678,972.00 1,932,734.00 1,666,698.00 1,383,755.00
   Operating Net Income 2,004,212.00 1,389,027.00 517,854.00 -1,022,460.00 -1,896,579.00
   Deprecation and Amortization 610,389.00 613,679.00 1,693,575.00 1,914,779.00 1,913,767.00
   Deferred Income Tax 139,583.00 -20,130.00 31,209.00 -139,480.00 -173,415.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 271,149.00 217,900.00 254,934.00 287,962.00 474,274.00
   Other Operating Activities -1,127,737.00 -521,504.00 -564,838.00 625,897.00 1,065,708.00
Investing Cash Flow -1,124,808.00 351,276.00 -1,414,584.00 -1,727,045.00 -1,352,328.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 928,614.00 962,991.00 991,355.00 843,356.00 537,907.00
   Net Purchase/Sale of Investments Net -3,106.00 -28,672.00 13,444.00 -3,991.00 -45,100.00
   Net Purchase/Sale of Business -17,506.00 1,609,347.00 181,844.00 307,310.00 475,622.00
   Other Investing Activities -2,032,810.00 -2,192,390.00 -2,601,227.00 -2,873,720.00 -2,320,757.00
Financing Cash Flow -697,930.00 -2,287,399.00 -165,155.00 -251,268.00 266,322.00
   Net Issuance/Repayment of Debt 2,283,975.00 3,872,709.00 1,200,072.00 2,446,922.00 5,694,798.00
   Net Issuance/Repurchase of Equity 240,556.00 0 4,760,000.00 0 895,630.00
   Dividends Paid 182,266.00 128,587.00 127,125.00 116,348.00 109,328.00
   Other Financing Activities -3,404,727.00 -6,288,695.00 -6,252,352.00 -2,814,538.00 -6,433,434.00
Net Change in Cash 74,858.00 -257,151.00 352,995.00 -174,470.00 159,011.00
   Cash at Beginning of Period 129,207.00 387,101.00 20,585.00 207,747.00 0
   Cash at End of Period 204,065.00 129,950.00 373,580.00 33,277.00 0
Free Cash Flow 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 15,981,193.00 15,972,070.00 15,830,065.00 20,914,656.00 16,084,561.00 15,985,822.00 15,944,183.00 20,428,755.00 17,431,112.00 17,334,379.00 17,545,697.00 21,963,839.00 17,567,895.00 17,315,138.00 17,014,781.00 20,746,496.00 16,021,922.00 16,075,886.00 16,011,648.00 16,116,936.00
   Current Assets 987,986.00 940,258.00 857,540.00 1,006,781.00 1,002,893.00 985,541.00 1,000,994.00 1,005,812.00 1,635,393.00 1,554,967.00 1,624,567.00 1,736,635.00 1,364,315.00 1,183,693.00 1,067,404.00 994,478.00 871,663.00 948,647.00 867,821.00 967,394.00
      Cash and Short-Term Investments 171,034.00 152,442.00 91,186.00 205,926.00 204,749.00 148,917.00 118,696.00 131,068.00 356,064.00 260,800.00 303,552.00 388,219.00 45,734.00 63,609.00 17,404.00 26,400.00 61,207.00 150,439.00 122,554.00 207,747.00
            Cash and Cash Equivalents 171,034.00 152,442.00 91,186.00 205,926.00 204,749.00 148,917.00 118,696.00 131,068.00 356,064.00 260,800.00 303,552.00 388,219.00 45,734.00 63,609.00 17,404.00 26,400.00 61,207.00 150,439.00 122,554.00 207,747.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 400,437.00 406,594.00 395,281.00 393,511.00 396,913.00 386,484.00 387,498.00 390,471.00 384,393.00 621,871.00 598,163.00 597,313.00 539,573.00 534,113.00 453,823.00 442,158.00 363,060.00 356,736.00 331,698.00 336,033.00
      Inventory 190,436.00 185,690.00 188,818.00 196,731.00 203,007.00 203,022.00 209,765.00 230,108.00 206,502.00 370,473.00 398,890.00 410,255.00 423,540.00 396,618.00 380,765.00 347,851.00 269,381.00 242,505.00 224,639.00 174,839.00
      Other Current Assets 226,079.00 195,532.00 182,255.00 210,613.00 198,224.00 247,118.00 285,035.00 254,165.00 688,434.00 301,823.00 323,962.00 340,848.00 355,468.00 189,353.00 215,412.00 178,069.00 178,015.00 198,967.00 188,930.00 248,775.00
   Non-Current Assets 14,993,207.00 15,031,812.00 14,972,525.00 19,907,875.00 15,081,668.00 15,000,281.00 14,943,189.00 19,422,943.00 15,795,719.00 15,779,412.00 15,921,130.00 20,227,204.00 16,203,580.00 16,131,445.00 15,947,377.00 19,752,018.00 15,150,259.00 15,127,239.00 15,143,827.00 15,149,542.00
      Property, Plant, Equipment Net 324,969.00 322,998.00 320,804.00 327,951.00 342,537.00 345,893.00 343,722.00 374,895.00 363,055.00 468,906.00 478,556.00 504,423.00 512,284.00 490,359.00 485,744.00 490,053.00 334,862.00 325,349.00 455,895.00 858,517.00
      Goodwill 4,885,574.00 4,903,899.00 4,903,899.00 4,903,899.00 4,903,899.00 4,903,899.00 4,903,899.00 4,903,899.00 4,903,899.00 5,344,329.00 5,626,514.00 12,369,360.00 11,668,152.00 11,958,848.00 5,940,758.00 12,538,129.00 5,244,942.00 5,244,685.00 5,242,973.00 5,236,302.00
      Intangible Assets 4,867,486.00 4,875,837.00 4,806,326.00 4,854,099.00 4,898,878.00 4,835,809.00 4,843,986.00 4,877,493.00 4,823,473.00 5,004,029.00 5,019,815.00 5,091,747.00 5,185,952.00 5,237,681.00 5,285,664.00 5,413,351.00 5,520,747.00 5,649,464.00 5,809,295.00 10,072,302.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 218,639.00 0 0 0 225,499.00 0 0 0 187,766.00 0 0 0 140,604.00 0 0 0 104,791.00
      Other Non-Current Assets 4,915,178.00 4,929,078.00 4,941,496.00 9,603,287.00 4,936,354.00 4,914,680.00 4,851,582.00 9,041,157.00 5,705,292.00 4,962,148.00 4,796,245.00 2,073,908.00 -1,162,808.00 -1,555,443.00 4,235,211.00 1,169,881.00 4,049,708.00 3,907,741.00 3,635,664.00 -1,122,370.00
Liabilities 12,322,409.00 12,312,691.00 12,212,773.00 13,313,054.00 12,187,276.00 12,177,612.00 12,208,402.00 12,851,463.00 14,192,447.00 14,016,367.00 14,231,171.00 15,097,633.00 14,361,041.00 13,935,739.00 13,734,514.00 14,249,058.00 13,281,606.00 13,221,264.00 13,033,738.00 13,077,600.00
   Current Liabilities 1,477,575.00 2,051,886.00 1,117,134.00 1,523,252.00 1,245,357.00 1,315,346.00 1,409,066.00 1,513,255.00 2,279,122.00 2,318,906.00 1,998,543.00 2,695,527.00 2,685,727.00 2,364,850.00 1,578,991.00 1,750,827.00 1,408,836.00 1,421,272.00 1,314,956.00 1,296,092.00
      Payables and Expenses 684,008.00 707,630.00 627,479.00 789,907.00 761,272.00 834,406.00 842,182.00 900,510.00 857,829.00 1,097,192.00 1,138,776.00 1,386,495.00 1,399,120.00 1,132,530.00 1,092,760.00 1,312,941.00 1,029,447.00 1,046,853.00 943,877.00 905,746.00
            Account Payables 166,884.00 187,125.00 132,739.00 153,537.00 226,614.00 222,113.00 260,137.00 293,883.00 275,557.00 375,312.00 397,666.00 486,715.00 489,948.00 462,265.00 449,542.00 474,976.00 361,020.00 357,045.00 348,441.00 321,595.00
            Current Accrued Liabilities 517,124.00 520,505.00 494,740.00 636,370.00 534,658.00 612,293.00 582,045.00 606,627.00 582,272.00 721,880.00 741,110.00 899,780.00 909,172.00 670,265.00 643,218.00 837,965.00 668,427.00 689,808.00 595,436.00 584,151.00
      Short-Term Debt 521,725.00 1,064,298.00 206,632.00 195,791.00 196,563.00 192,220.00 322,070.00 320,612.00 835,292.00 836,075.00 464,566.00 871,917.00 857,746.00 844,195.00 126,363.00 117,592.00 101,358.00 90,777.00 80,170.00 44,764.00
      Other Current Liabilities 271,842.00 279,958.00 283,023.00 537,554.00 287,522.00 288,720.00 244,814.00 292,133.00 586,001.00 385,639.00 395,201.00 437,115.00 428,861.00 388,125.00 359,868.00 320,294.00 278,031.00 283,642.00 290,909.00 345,582.00
   Non-Current Liabilities 10,844,834.00 10,260,805.00 11,095,639.00 11,789,802.00 10,941,919.00 10,862,266.00 10,799,336.00 11,338,208.00 11,913,325.00 11,697,461.00 12,232,628.00 12,402,106.00 11,675,314.00 11,570,889.00 12,155,523.00 12,498,231.00 11,872,770.00 11,799,992.00 11,718,782.00 11,781,508.00
      Long-Term Debt 7,284,108.00 6,751,094.00 7,612,702.00 8,066,236.00 7,524,523.00 7,532,250.00 7,566,878.00 8,068,906.00 8,832,409.00 8,834,725.00 9,375,568.00 9,493,166.00 8,945,314.00 8,998,735.00 9,735,304.00 9,575,098.00 9,508,341.00 9,471,195.00 9,445,820.00 9,769,276.00
      Other Non-Current Liabilities 3,560,726.00 3,509,711.00 3,482,937.00 3,723,566.00 3,417,396.00 3,330,016.00 3,232,458.00 3,269,302.00 3,080,916.00 2,862,736.00 2,857,060.00 2,908,940.00 2,730,000.00 2,572,154.00 2,420,219.00 2,923,133.00 2,364,429.00 2,328,797.00 2,272,962.00 2,012,232.00
Equity 3,658,784.00 3,659,379.00 3,617,292.00 7,601,602.00 3,897,285.00 3,808,210.00 3,735,781.00 7,577,292.00 3,238,665.00 3,318,012.00 3,314,526.00 6,866,206.00 3,206,854.00 3,379,399.00 3,280,267.00 6,497,438.00 2,740,316.00 2,854,622.00 2,977,910.00 3,039,336.00
   Shareholders Equity 3,658,784.00 3,659,379.00 3,617,292.00 11,395,027.00 3,897,285.00 3,808,210.00 3,735,781.00 11,352,555.00 3,238,665.00 3,318,012.00 3,314,526.00 10,253,796.00 3,206,854.00 3,379,399.00 3,280,267.00 9,677,184.00 2,740,316.00 2,854,622.00 2,977,910.00 3,039,336.00
      Capital Stock 8,197.00 8,327.00 8,429.00 17,826.00 9,120.00 9,118.00 9,103.00 18,442.00 9,215.00 9,211.00 9,215.00 18,336.00 18,266.00 18,226.00 18,120.00 18,030.00 8,311.00 8,310.00 8,296.00 0
      Share Premium 6,666,054.00 6,764,716.00 6,840,189.00 7,117,098.00 7,358,241.00 7,347,061.00 7,317,895.00 7,413,305.00 7,407,164.00 7,390,269.00 7,380,867.00 7,380,759.00 7,273,501.00 7,295,665.00 7,262,237.00 7,261,267.00 6,677,875.00 6,665,145.00 6,644,332.00 6,640,763.00
      Retained Earnings -3,007,138.00 -3,106,714.00 -3,225,634.00 -3,318,174.00 -3,458,579.00 -3,535,042.00 -3,576,763.00 -3,617,718.00 -4,160,955.00 -4,041,963.00 -4,032,463.00 -3,909,624.00 -4,028,519.00 -3,874,045.00 -3,933,140.00 -3,952,590.00 -3,862,964.00 -3,724,139.00 -3,568,615.00 -3,491,069.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -8,329.00 -6,950.00 -5,692.00 -7,036.00 -2,497.00 -2,927.00 -2,454.00 -16,162.00 -1,759.00 -77,505.00 -84,093.00 -47,200.00 -97,261.00 -105,334.00 -117,890.00 -68,973.00 -165,906.00 -188,694.00 -212,103.00 -118,615.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 77,330.00 66,840.00 62,249.00 0 63,995.00 57,216.00 66,927.00 0 50,281.00 70,566.00 64,869.00 0 61,228.00 61,597.00 55,727.00 54,032.00 60,110.00 62,220.00 0 68,342.00
Debt 7,805,833.00 7,815,392.00 7,819,334.00 8,262,027.00 7,721,086.00 7,724,470.00 7,888,948.00 8,389,518.00 9,667,701.00 9,670,800.00 9,840,134.00 10,365,083.00 9,803,060.00 9,842,930.00 9,861,667.00 9,692,690.00 9,609,699.00 9,561,972.00 9,525,990.00 9,769,276.00
Net Debt 7,634,799.00 7,662,950.00 7,728,148.00 8,056,101.00 7,516,337.00 7,575,553.00 7,770,252.00 8,258,450.00 9,311,637.00 9,410,000.00 9,536,582.00 9,976,864.00 9,757,326.00 9,779,321.00 9,844,263.00 9,666,290.00 9,548,492.00 9,411,533.00 9,403,436.00 9,561,529.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 771,013.64
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 3,852,480.00 2,554,526.00 1,267,491.00 -2,343,163.00 3,638,067.00 2,394,231.00 1,209,311.00 -3,595,581.00 3,760,404.00 3,205,482.00 1,612,354.00 -3,045,082.00 4,749,868.00 3,145,777.00 1,544,747.00 -2,532,837.00 3,926,123.00 2,609,121.00 1,304,704.00
   Selling, General and Administrative Expenses 1,109,091.00 724,738.00 368,600.00 -773,645.00 1,105,523.00 747,003.00 398,453.00 -985,218.00 1,159,088.00 904,000.00 462,229.00 -969,005.00 1,449,844.00 969,417.00 482,348.00 -899,586.00 1,343,872.00 895,238.00 449,602.00
Operating Income 976,302.00 661,229.00 319,252.00 -467,413.00 902,674.00 576,324.00 195,496.00 105,369.00 247,302.00 116,366.00 42,722.00 -152,758.00 353,898.00 286,557.00 75,980.00 46,407.00 4,837.00 -18,259.00 -16,380.00
Net Non-Operating Income -357,190.00 -240,738.00 -125,743.00 165,449.00 -314,073.00 -169,978.00 -73,309.00 253,500.00 -402,391.00 -256,579.00 -172,816.00 34,735.00 -271,199.00 -84,999.00 -4,811.00 149,142.00 -379,790.00 -211,069.00 -46,077.00
Interest Income 0 0 0 834.00 0 0 0 15,850.00 0 0 0 13,715.00 0 0 0 333.00 0 0 0
Interest Expense 349,294.00 236,677.00 120,879.00 -194,061.00 358,980.00 197,150.00 88,931.00 -241,915.00 402,381.00 255,908.00 171,626.00 66,693.00 118,042.00 87,958.00 6,307.00 -151,497.00 347,524.00 214,249.00 47,724.00
Net Interest -349,294.00 -236,677.00 -120,879.00 194,895.00 -358,980.00 -197,150.00 -88,931.00 257,765.00 -402,381.00 -255,908.00 -171,626.00 -52,978.00 -118,042.00 -87,958.00 -6,307.00 151,830.00 -347,524.00 -214,249.00 -47,724.00
EBT 619,112.00 420,491.00 193,509.00 -301,964.00 588,601.00 406,346.00 122,187.00 358,869.00 -155,089.00 -140,213.00 -130,094.00 -118,023.00 82,699.00 201,558.00 71,169.00 195,549.00 -374,953.00 -229,328.00 -62,457.00
Income Tax 164,890.00 109,781.00 51,032.00 232,611.00 166,505.00 116,270.00 30,655.00 -168,928.00 12,438.00 118,002.00 43,073.00 -75,770.00 58,982.00 57,448.00 19,524.00 -31,858.00 92,080.00 55,584.00 14,563.00
Equity Method Investments Income 0 0 0 0 0 0 0 20,767.00 -7,103.00 -4,415.00 -2,677.00 -1,111.00 -2,542.00 -948.00 0 0 0 0 0
Net Income Including Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 0 23,717.00 144,110.00 0 0 0 0 0
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 0 -2,542.00 -948.00 0 0 0 0 0
Net Income 450,557.00 305,425.00 140,246.00 -85,539.00 311,096.00 183,945.00 91,551.00 692,196.00 -112,863.00 -26,626.00 -89,698.00 -43,364.00 21,175.00 143,162.00 51,645.00 163,691.00 -282,873.00 -173,744.00 -47,894.00
EBIT 968,406.00 657,168.00 314,388.00 -496,025.00 947,581.00 603,496.00 211,118.00 116,954.00 247,292.00 115,695.00 41,532.00 -51,330.00 200,741.00 289,516.00 77,476.00 44,052.00 -27,429.00 -15,079.00 -14,733.00
Deprecation and Amortization 470,501.00 309,269.00 154,676.00 -295,410.00 453,359.00 301,542.00 150,898.00 -965,155.00 466,886.00 728,893.00 383,055.00 -939,958.00 1,281,871.00 875,539.00 476,123.00 -923,200.00 1,424,090.00 944,080.00 469,809.00
EBITDA 1,438,907.00 966,437.00 469,064.00 -791,435.00 1,400,940.00 905,038.00 362,016.00 -848,201.00 714,178.00 844,588.00 424,587.00 -991,288.00 1,482,612.00 1,165,055.00 553,599.00 -879,148.00 1,396,661.00 929,001.00 455,076.00
EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.00 -0.00 -0.00 0.00 0.00 0.00 0.00 0.00 -0.00 0 0
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.00 -0.00 -0.00 0.00 0.00 0.00 0.00 0.00 -0.00 0 0
Average Shares Outstanding Basic 838,055.00 847,493.00 862,774.00 4,486,378.00 906,284.00 906,828.00 910,638.00 4,561,775.00 911,191.00 910,694.00 909,044.00 4,524,111.00 902,201.00 900,793.00 898,575.00 12,385,933.00 819,907.00 0 0
Average Shares Outstanding Diluted 901,240.00 910,304.00 926,057.00 4,798,160.00 968,041.00 968,220.00 973,139.00 4,561,775.00 911,191.00 910,694.00 909,044.00 4,002,942.00 912,441.00 965,750.00 1,877,371.00 11,620,771.00 1,585,069.00 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow 1,510,585.00 1,030,525.00 466,626.00 -818,434.00 1,425,223.00 927,005.00 363,802.00 -672,797.00 1,245,694.00 799,435.00 306,640.00 -519,043.00 1,321,069.00 822,636.00 308,072.00 -633,649.00 1,155,353.00 785,660.00 359,334.00
   Operating Net Income 1,351,671.00 916,275.00 420,738.00 1,417,620.00 311,096.00 183,945.00 91,551.00 1,618,214.00 -112,863.00 -26,626.00 -89,698.00 301,872.00 21,175.00 143,162.00 51,645.00 -517,949.00 -282,873.00 -173,744.00 -47,894.00
   Deprecation and Amortization 470,501.00 309,269.00 154,676.00 -295,410.00 453,359.00 301,542.00 150,898.00 -965,155.00 466,886.00 728,893.00 383,055.00 -939,958.00 1,281,871.00 875,539.00 476,123.00 -923,200.00 1,424,090.00 944,080.00 469,809.00
   Deferred Income Tax 46,332.00 2,488.00 2,634.00 -8,468.00 87,652.00 48,985.00 11,414.00 154,241.00 6,804.00 -131,226.00 -49,949.00 -83,352.00 48,138.00 50,251.00 16,172.00 46,917.00 -101,986.00 -62,596.00 -21,815.00
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital 324,496.00 163,197.00 133,682.00 -444,802.00 329,016.00 199,559.00 187,376.00 -941,026.00 506,698.00 383,623.00 268,605.00 -371,027.00 81,370.00 300,408.00 244,183.00 30,388.00 135,688.00 60,093.00 61,793.00
   Other Operating Activities -682,415.00 -360,704.00 -245,104.00 -1,487,374.00 244,100.00 192,974.00 -77,437.00 -539,071.00 378,169.00 -155,229.00 -205,373.00 573,422.00 -111,485.00 -546,724.00 -480,051.00 730,195.00 -19,566.00 17,827.00 -102,559.00
Investing Cash Flow -920,985.00 -622,559.00 -258,259.00 842,319.00 -1,034,364.00 -632,693.00 -300,070.00 2,330,097.00 -988,081.00 -654,700.00 -336,040.00 1,006,769.00 -1,208,790.00 -807,440.00 -405,123.00 619,878.00 -1,170,649.00 -777,162.00 -399,112.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 860,607.00 414,049.00 152,319.00 -180,790.00 603,674.00 347,447.00 158,283.00 -69,522.00 515,982.00 341,498.00 175,033.00 -746,403.00 815,164.00 576,207.00 346,387.00 -459,538.00 638,982.00 423,646.00 240,266.00
   Net Purchase/Sale of Investments Net -1,995.00 -2,056.00 -264.00 3,939.00 -3,506.00 -2,995.00 -544.00 -14,272.00 -8,848.00 -7,126.00 1,574.00 -13,036.00 13,664.00 13,189.00 -373.00 3,086.00 -3,524.00 -2,145.00 -1,408.00
   Net Purchase/Sale of Business 0 0 0 3,494.00 -21,000.00 0 0 1,609,347.00 0 0 0 102,216.00 39,825.00 39,835.00 -32.00 85,579.00 16,411.00 16,411.00 188,909.00
   Other Investing Activities -1,779,597.00 -1,034,552.00 -410,314.00 1,015,676.00 -1,613,532.00 -977,145.00 -457,809.00 804,544.00 -1,495,215.00 -989,072.00 -512,647.00 1,663,992.00 -2,077,443.00 -1,436,671.00 -751,105.00 990,751.00 -1,822,518.00 -1,215,074.00 -826,879.00
Financing Cash Flow -622,631.00 -459,589.00 -321,246.00 -31,539.00 -316,060.00 -275,345.00 -74,986.00 -1,714,127.00 -275,129.00 -257,515.00 -40,628.00 -178,301.00 -85,772.00 7,073.00 91,845.00 -26,762.00 -124,081.00 -59,740.00 -40,685.00
   Net Issuance/Repayment of Debt 2,637,757.00 1,394,945.00 1,155,333.00 -1,894,848.00 2,081,248.00 1,938,692.00 158,883.00 -461,273.00 1,570,984.00 1,544,572.00 1,218,426.00 -1,016,805.00 1,041,344.00 742,264.00 433,269.00 290,041.00 2,085,418.00 42,797.00 28,666.00
   Net Issuance/Repurchase of Equity 606,767.00 495,111.00 396,564.00 -39,512.00 93,356.00 93,356.00 93,356.00 0 0 0 0 4,760,000.00 0 0 0 0 0 0 0
   Dividends Paid 141,800.00 95,998.00 48,918.00 -64,327.00 132,214.00 82,172.00 32,207.00 -64,080.00 96,400.00 64,229.00 32,038.00 -62,923.00 95,164.00 63,288.00 31,596.00 -57,845.00 87,164.00 58,049.00 28,980.00
   Other Financing Activities -4,008,955.00 -2,445,643.00 -1,922,061.00 1,967,148.00 -2,622,878.00 -2,389,565.00 -359,432.00 -1,188,774.00 -1,942,513.00 -1,866,316.00 -1,291,092.00 -3,858,573.00 -1,222,280.00 -798,479.00 -373,020.00 -258,958.00 -2,296,663.00 -160,586.00 -98,331.00
Net Change in Cash -33,031.00 -51,623.00 -112,879.00 -7,654.00 74,799.00 18,967.00 -11,254.00 -56,827.00 -17,516.00 -112,780.00 -70,028.00 309,425.00 26,507.00 22,269.00 -5,206.00 96,612.00 -139,377.00 -51,242.00 -80,463.00
   Cash at Beginning of Period 204,065.00 204,065.00 204,065.00 211,719.00 129,950.00 129,950.00 129,950.00 186,777.00 373,580.00 373,580.00 373,580.00 64,155.00 33,277.00 33,277.00 33,277.00 -63,335.00 207,747.00 207,747.00 207,747.00
   Cash at End of Period 171,034.00 152,442.00 91,186.00 204,065.00 204,749.00 148,917.00 118,696.00 129,950.00 356,064.00 260,800.00 303,552.00 373,580.00 59,784.00 55,546.00 28,071.00 33,277.00 68,370.00 156,505.00 127,284.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0