ADTN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -1.47 | -2.15 | -626.33 | -126.83 | 295.40 |
| Price to Sales | 0.71 | 0.50 | 1.14 | 1.97 | 1.40 |
| Book Value Per Common Share | 14.31 | 15.22 | |||
| Price to Book | 1.59 | 0.97 | |||
| Price to Operating Cash Flow | 6.38 | -12.62 | -26.49 | 368.82 | -42.91 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA | 60476875.75 | 1269382.47 | 730109.41 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -18.76 | -23.61 | -62.29 | -1.16 | -1.11 | -1.32 | -4.60 | -12.10 | -36.05 | -27.19 | 876.50 | -922.50 | -208.44 | 172.08 | 834.00 | |||||
| Price to Sales | 0.94 | 1.39 | 2.80 | 0.69 | 0.92 | 1.90 | 0.70 | 1.27 | 3.84 | 1.68 | 2.64 | 5.86 | 2.22 | 3.69 | 6.32 | |||||
| Book Value Per Common Share | 13.85 | 14.07 | 14.31 | 14.65 | 15.21 | 15.03 | 15.22 | |||||||||||||
| Price to Book | 1.27 | 1.31 | 1.59 | 1.28 | 1.36 | 1.11 | 0.97 | |||||||||||||
| Price to Operating Cash Flow | 8.54 | 9.48 | 16.06 | 4.75 | 7.34 | 11.71 | -22.01 | -22.82 | -62.37 | -26.20 | -145.48 | 186.18 | 31.47 | 54.86 | 75.44 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA | 147573.05 | 253054.92 | 405579.69 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -19.70 | 12.05 | 82.15 | 11.15 | |
| EBITDA YoY | -97.26 | -9.58 | |||
| Net Profit YoY | 56627.27 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 500.00 | |||||||||||||||||||
| Revenue YoY | 54.49 | 106.99 | 50.36 | 99.92 | 41.81 | 101.07 | 104.33 | 111.34 | 51.00 | 112.31 | ||||||||||
| EBITDA YoY | 79.43 | 65.02 | -97.37 | -33.04 | 160.28 | |||||||||||||||
| Net Profit YoY | -6.60 | 356.63 | -71.48 | 17.63 | 567.63 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 3.19 | 1.11 | 1.75 | 1.17 | 1.32 |
| Quick Ratio | 1.50 | 1.15 | 0.86 | 1.46 | 1.95 |
| Current Ratio | 2.08 | 2.64 | 1.81 | 2.42 | 3.37 |
| Debt to Equity | 1.12 | 0.61 | 0.44 | 0.59 | 0.41 |
| Long-Term Debt to Equity | 0.59 | 0.34 | 0.07 | 0.16 | 0.16 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 2.68 | 2.84 | 2.78 | 3.18 | 2.64 | 2.93 | 2.94 | 1.11 | 1.48 | 1.63 | 1.76 | 1.40 | 1.96 | 0.92 | 1.11 | 1.16 | 1.61 | 1.50 | 1.41 | 1.31 |
| Quick Ratio | 1.30 | 1.29 | 1.31 | 1.50 | 1.29 | 1.48 | 1.53 | 1.15 | 1.30 | 1.29 | 0.82 | 0.86 | 0.88 | 1.12 | 1.21 | 1.46 | 1.58 | 1.86 | 1.90 | 1.95 |
| Current Ratio | 1.96 | 1.96 | 2.02 | 2.08 | 2.10 | 2.31 | 2.47 | 2.64 | 2.73 | 2.75 | 1.69 | 1.81 | 1.67 | 2.14 | 2.20 | 2.42 | 2.61 | 2.97 | 3.18 | 3.37 |
| Debt to Equity | 1.22 | 1.13 | 1.12 | 1.12 | 1.00 | 0.96 | 0.88 | 0.61 | 0.56 | 0.53 | 0.54 | 0.44 | 0.55 | 0.72 | 0.67 | 0.59 | 0.53 | 0.47 | 0.43 | 0.41 |
| Long-Term Debt to Equity | 0.66 | 0.59 | 0.58 | 0.59 | 0.52 | 0.52 | 0.48 | 0.34 | 0.30 | 0.28 | 0.12 | 0.07 | 0.11 | 0.14 | 0.15 | 0.16 | 0.17 | 0.16 | 0.16 | 0.16 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 0.00 | 5.56 | 0.01 | -0.12 | 0.45 |
| ROE | 0.00 | 8.95 | 0.01 | -0.19 | 0.64 |
| Gross Margin | 35.80 | 28.98 | 31.91 | 38.79 | 42.95 |
| Operating Margin | -44.46 | -18.68 | -6.56 | -1.29 | -1.36 |
| EBITDA Margin | -34.60 | -8.85 | 0.02 | 1.57 | 1.93 |
| Net Profit Margin | 0.00 | 8.15 | 0.02 | -0.12 | 0.47 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.03 | 0.03 | 0.01 | -0.01 | 0.00 | 0.00 | 4.56 | 3.58 | 0.00 | -0.02 | 0.17 | -0.04 | -0.08 | 1.08 | 0.17 | |||||
| ROE | 0.07 | 0.07 | 0.01 | -0.03 | -0.01 | -0.01 | 7.11 | 5.50 | 0.00 | -0.02 | 0.29 | -0.07 | -0.12 | 1.59 | 0.24 | |||||
| Gross Margin | 38.02 | 37.85 | 38.42 | 35.17 | 34.02 | 31.95 | 27.57 | 27.69 | 27.11 | 32.95 | 35.77 | 35.15 | 40.10 | 42.94 | 42.03 | |||||
| Operating Margin | -2.22 | -3.26 | -1.80 | -58.35 | -82.66 | -148.47 | -19.09 | -13.67 | -14.98 | -7.09 | 0.06 | -2.47 | -0.39 | 2.83 | 1.56 | |||||
| EBITDA Margin | 6.40 | 5.51 | 6.92 | -48.29 | -72.67 | -138.51 | -9.19 | -3.31 | -4.66 | -1.88 | 2.27 | -0.10 | 2.60 | 5.87 | 4.79 | |||||
| Net Profit Margin | 0.04 | 0.07 | 0.03 | -0.03 | -0.01 | -0.03 | 8.60 | 10.36 | -0.01 | -0.04 | 0.31 | -0.15 | -0.11 | 2.21 | 0.70 |
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 | 2024-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 1,179,372.00 | 1,682,512.00 | 1,881,865.00 | 569,017.00 | 525,679.00 |
| Current Assets | 610,605.00 | 736,856.00 | 882,358.00 | 376,325.00 | 317,418.00 |
| Cash and Short-Term Investments | 251,767.00 | 87,200.00 | 108,900.00 | 57,000.00 | 63,300.00 |
| Cash and Cash Equivalents | 251,767.00 | 212,167.00 | 108,644.00 | 56,818.00 | 60,179.00 |
| Short-Term Investments | 0 | 0 | 340.00 | 350.00 | 3,131.00 |
| Net Receivables | 187,805.00 | 233,895.00 | 312,266.00 | 169,970.00 | 120,358.00 |
| Inventory | 269,337.00 | 362,295.00 | 427,531.00 | 139,891.00 | 125,457.00 |
| Other Current Assets | -98,304.00 | 53,466.00 | 33,661.00 | 9,464.00 | 8,303.00 |
| Non-Current Assets | 568,767.00 | 945,656.00 | 999,507.00 | 192,692.00 | 208,261.00 |
| Property, Plant, Equipment Net | 236,184.00 | 160,494.00 | 141,039.00 | 60,688.00 | 67,708.00 |
| Goodwill | 52,918.00 | 1,057,330.00 | 1,113,948.00 | 6,968.00 | 6,968.00 |
| Intangible Assets | 284,893.00 | 327,985.00 | 401,211.00 | 19,293.00 | 23,470.00 |
| Long-Term Investments | 32,060.00 | 27,743.00 | 32,665.00 | 70,615.00 | 80,130.00 |
| Non-Current Deferred Assets | 17,826.00 | 25,787.00 | 6,210.00 | 9,079.00 | 9,869.00 |
| Other Non-Current Assets | -55,114.00 | -653,683.00 | -695,566.00 | 26,049.00 | 20,116.00 |
| Liabilities | 622,015.00 | 636,934.00 | 578,252.00 | 211,915.00 | 152,735.00 |
| Current Liabilities | 293,645.00 | 279,511.00 | 488,575.00 | 155,359.00 | 94,193.00 |
| Payables and Expenses | 205,240.00 | 195,173.00 | 291,613.00 | 123,949.00 | 66,492.00 |
| Account Payables | 170,451.00 | 162,922.00 | 237,699.00 | 102,489.00 | 49,929.00 |
| Current Accrued Liabilities | 34,789.00 | 32,251.00 | 53,914.00 | 21,460.00 | 16,563.00 |
| Short-Term Debt | 7,154.00 | 7,720.00 | 169,732.00 | 1,730.00 | 1,806.00 |
| Other Current Liabilities | 81,251.00 | 76,618.00 | 27,230.00 | 29,680.00 | 25,895.00 |
| Non-Current Liabilities | 328,370.00 | 357,423.00 | 89,677.00 | 56,556.00 | 58,542.00 |
| Long-Term Debt | 189,576.00 | 195,000.00 | 22,807.00 | 3,269.00 | 3,574.00 |
| Other Non-Current Liabilities | 138,794.00 | 162,423.00 | 66,870.00 | 53,287.00 | 54,968.00 |
| Equity | 557,357.00 | 1,045,578.00 | 1,303,613.00 | 357,102.00 | 372,944.00 |
| Shareholders Equity | 0 | 0 | 0 | 702,290.00 | 734,249.00 |
| Capital Stock | 795.00 | 790.00 | 781.00 | 797.00 | 797.00 |
| Share Premium | 808,913.00 | 795,304.00 | 895,834.00 | 288,946.00 | 281,466.00 |
| Retained Earnings | -680,993.00 | -243,908.00 | 55,338.00 | 740,820.00 | 781,813.00 |
| Treasury Shares | 5,198.00 | 5,825.00 | 4,125.00 | 661,547.00 | 679,493.00 |
| Accumulated Other Comprehensive Income | 10,897.00 | 47,461.00 | 46,713.00 | -11,914.00 | -11,639.00 |
| Minority Interest | 0 | 0 | 309,072.00 | 0 | 0 |
| Investments | 32,060.00 | 27,743.00 | 33,005.00 | 70,965.00 | 83,261.00 |
| Debt | 189,576.00 | 195,000.00 | 169,732.00 | 4,999.00 | 5,380.00 |
| Net Debt | 0 | 107,800.00 | 60,832.00 | 0 | 0 |
| Common Shares Outstanding | 79,218.00 | 78,674.00 | 77,889.00 | 49,063.00 | 48,241.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 922,720.00 | 1,149,100.00 | 1,025,536.00 | 563,004.00 | 506,510.00 |
| Cost Of Revenue | 592,406.00 | 816,037.00 | 698,284.00 | 344,627.00 | 288,959.00 |
| Gross Profit | 330,314.00 | 333,063.00 | 327,252.00 | 218,377.00 | 217,551.00 |
| Operating Expenses | 747,415.00 | 554,334.00 | 400,079.00 | 233,077.00 | 227,324.00 |
| Selling, General and Administrative Expenses | 233,369.00 | 258,149.00 | 208,889.00 | 124,414.00 | 113,972.00 |
| Research and Development Expenses | 221,463.00 | 258,311.00 | 173,757.00 | 108,663.00 | 113,287.00 |
| Other Operating Expenses | 292,583.00 | 37,874.00 | 17,433.00 | 0.00 | 65.00 |
| Operating Income | -417,101.00 | -221,271.00 | -72,827.00 | -14,700.00 | -9,773.00 |
| Net Non-Operating Income | -15,179.00 | -9,706.00 | 2,079.00 | 7,406.00 | 2,900.00 |
| Interest Expense | 22,053.00 | 16,299.00 | 3,437.00 | 34.00 | 5.00 |
| EBT | -432,280.00 | -230,977.00 | -70,748.00 | -7,294.00 | -6,873.00 |
| Income Tax | 8,769.00 | 28,186.00 | 62,025.00 | 2,629.00 | 8,848.00 |
| Net Income Including Non-Controlling Interests | -9,825.00 | 90,455.00 | 13,916.00 | 0 | 0 |
| Net Income Non-Controlling Interests | 9,824.00 | 3,145.00 | -13,751.00 | 0 | 0 |
| Net Income | -1.00 | 93,600.00 | 165.00 | -690.00 | 2,378.00 |
| EBIT | -410,227.00 | -214,678.00 | -67,311.00 | -7,260.00 | -6,868.00 |
| Deprecation and Amortization | 90,985.00 | 112,949.00 | 67,553.00 | 16,084.00 | 16,627.00 |
| EBITDA | -319,242.00 | -101,729.00 | 242.00 | 8,824.00 | 9,759.00 |
| EPS | -0.01 | -0.00 | -0.00 | -0.00 | 0.00 |
| Diluted EPS | -0.01 | -0.00 | -0.00 | -0.00 | 0.00 |
| Average Shares Outstanding Basic | 78,928.00 | 78,416.00 | 62,346.00 | 48,582.00 | 47,996.00 |
| Average Shares Outstanding Diluted | 78,928.00 | 78,416.00 | 62,346.00 | 48,582.00 | 48,288.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 103,070.00 | -45,604.00 | -44,228.00 | 3,008.00 | -16,518.00 |
| Operating Net Income | -441,048.00 | -259,343.00 | -17,776.00 | -8,635.00 | 2,378.00 |
| Deprecation and Amortization | 90,985.00 | 112,949.00 | 67,553.00 | 16,084.00 | 16,627.00 |
| Deferred Income Tax | 2,247.00 | 15,558.00 | -62,388.00 | -1,784.00 | -1,356.00 |
| Share Based Compensation | 15,342.00 | 16,016.00 | 28,322.00 | 7,480.00 | 6,834.00 |
| Change in Working Capital | -120,007.00 | -171,744.00 | 98,008.00 | 137,699.00 | 50,164.00 |
| Other Operating Activities | 555,551.00 | 240,960.00 | -157,947.00 | -147,836.00 | -91,165.00 |
| Investing Cash Flow | -62,208.00 | -32,204.00 | 55,831.00 | 10,266.00 | 41,399.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 63,125.00 | 43,121.00 | 17,084.00 | 5,669.00 | 6,415.00 |
| Net Purchase/Sale of Investments Net | 1,508.00 | 11,435.00 | 75,560.00 | 85,497.00 | 162,390.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -126,841.00 | -86,760.00 | -36,813.00 | -80,900.00 | -127,406.00 |
| Financing Cash Flow | -50,011.00 | 58,867.00 | 52,936.00 | -12,958.00 | -42,977.00 |
| Net Issuance/Repayment of Debt | 57,000.00 | 253,611.00 | 235,589.00 | 30,000.00 | 24,600.00 |
| Net Issuance/Repurchase of Equity | 824.00 | 540.00 | 6,904.00 | 6,431.00 | 0 |
| Dividends Paid | 0 | 21,237.00 | 22,885.00 | 17,529.00 | 17,334.00 |
| Other Financing Activities | -107,835.00 | -216,521.00 | -212,442.00 | -66,918.00 | -84,911.00 |
| Net Change in Cash | -9,149.00 | -18,941.00 | 64,539.00 | 316.00 | -18,096.00 |
| Cash at Beginning of Period | 86,716.00 | 106,108.00 | 44,105.00 | 56,502.00 | 78,275.00 |
| Cash at End of Period | 77,567.00 | 87,167.00 | 108,644.00 | 56,818.00 | 60,179.00 |
| 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 | 1,208,908.00 | 1,216,295.00 | 1,193,239.00 | 1,179,372.00 | 1,273,146.00 | 1,290,782.00 | 1,327,906.00 | 1,682,512.00 | 1,742,169.00 | 1,882,938.00 | 1,938,595.00 | 1,881,865.00 | 1,838,054.00 | 600,179.00 | 589,092.00 | 569,017.00 | 557,912.00 | 551,426.00 | 530,763.00 | 525,679.00 |
| Current Assets | 603,117.00 | 607,228.00 | 611,847.00 | 610,605.00 | 638,856.00 | 668,319.00 | 696,958.00 | 736,856.00 | 779,559.00 | 850,024.00 | 883,808.00 | 882,358.00 | 875,555.00 | 431,864.00 | 402,141.00 | 376,325.00 | 349,530.00 | 344,497.00 | 324,345.00 | 317,418.00 |
| Cash and Short-Term Investments | 213,882.00 | 226,271.00 | 221,321.00 | 251,767.00 | 208,456.00 | 231,185.00 | 231,757.00 | 87,200.00 | 116,092.00 | 127,383.00 | 137,515.00 | 108,900.00 | 111,902.00 | 45,141.00 | 54,460.00 | 57,000.00 | 78,215.00 | 72,799.00 | 67,988.00 | 63,300.00 |
| Cash and Cash Equivalents | 213,882.00 | 226,271.00 | 221,321.00 | 251,767.00 | 208,456.00 | 231,185.00 | 231,757.00 | 212,167.00 | 116,092.00 | 124,294.00 | 136,457.00 | 108,644.00 | 111,099.00 | 43,368.00 | 54,031.00 | 56,818.00 | 75,605.00 | 69,981.00 | 63,896.00 | 60,179.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,089.00 | 1,058.00 | 340.00 | 803.00 | 1,773.00 | 429.00 | 350.00 | 2,610.00 | 2,818.00 | 4,092.00 | 3,131.00 |
| Net Receivables | 187,330.00 | 173,122.00 | 176,132.00 | 187,805.00 | 184,896.00 | 197,612.00 | 199,670.00 | 233,895.00 | 253,670.00 | 271,959.00 | 292,981.00 | 312,266.00 | 347,851.00 | 180,501.00 | 167,484.00 | 169,970.00 | 134,013.00 | 142,856.00 | 125,870.00 | 120,358.00 |
| Inventory | 223,755.00 | 240,081.00 | 253,639.00 | 269,337.00 | 282,926.00 | 287,860.00 | 322,147.00 | 362,295.00 | 373,971.00 | 416,802.00 | 416,291.00 | 427,531.00 | 416,163.00 | 196,916.00 | 171,121.00 | 139,891.00 | 127,241.00 | 119,012.00 | 122,862.00 | 125,457.00 |
| Other Current Assets | -21,850.00 | -32,246.00 | -39,245.00 | -98,304.00 | -37,422.00 | -48,338.00 | -56,616.00 | 53,466.00 | 35,826.00 | 33,880.00 | 37,021.00 | 33,661.00 | -361.00 | 9,306.00 | 9,076.00 | 9,464.00 | 10,061.00 | 9,830.00 | 7,625.00 | 8,303.00 |
| Non-Current Assets | 605,791.00 | 609,067.00 | 581,392.00 | 568,767.00 | 634,290.00 | 622,463.00 | 630,948.00 | 945,656.00 | 962,610.00 | 1,032,914.00 | 1,054,787.00 | 999,507.00 | 962,499.00 | 168,315.00 | 186,951.00 | 192,692.00 | 208,382.00 | 206,929.00 | 206,418.00 | 208,261.00 |
| Property, Plant, Equipment Net | 121,465.00 | 111,936.00 | 109,609.00 | 236,184.00 | 147,428.00 | 134,578.00 | 126,969.00 | 160,494.00 | 118,623.00 | 115,719.00 | 111,969.00 | 141,039.00 | 132,658.00 | 53,432.00 | 54,384.00 | 60,688.00 | 56,556.00 | 58,270.00 | 60,157.00 | 67,708.00 |
| Goodwill | 59,919.00 | 60,194.00 | 55,261.00 | 52,918.00 | 56,884.00 | 54,897.00 | 55,129.00 | 1,057,330.00 | 1,028,666.00 | 1,126,826.00 | 1,122,010.00 | 1,113,948.00 | 1,074,938.00 | 6,968.00 | 6,968.00 | 6,968.00 | 6,968.00 | 6,968.00 | 6,968.00 | 6,968.00 |
| Intangible Assets | 302,281.00 | 310,169.00 | 293,064.00 | 284,893.00 | 286,098.00 | 290,793.00 | 306,448.00 | 327,985.00 | 328,695.00 | 355,084.00 | 379,286.00 | 401,211.00 | 393,575.00 | 17,473.00 | 18,405.00 | 19,293.00 | 20,291.00 | 21,354.00 | 22,384.00 | 23,470.00 |
| Long-Term Investments | 35,279.00 | 33,116.00 | 29,973.00 | 32,060.00 | 31,506.00 | 30,159.00 | 29,252.00 | 27,743.00 | 25,179.00 | 31,238.00 | 32,994.00 | 32,665.00 | 50,131.00 | 52,297.00 | 67,713.00 | 70,615.00 | 83,935.00 | 82,778.00 | 81,266.00 | 80,130.00 |
| Non-Current Deferred Assets | 17,826.00 | 17,826.00 | 17,826.00 | 17,826.00 | 25,697.00 | 24,931.00 | 25,421.00 | 25,787.00 | 90,260.00 | 82,076.00 | 81,631.00 | 6,210.00 | 0 | 8,508.00 | 8,939.00 | 9,079.00 | 8,957.00 | 9,165.00 | 9,448.00 | 9,869.00 |
| Other Non-Current Assets | 69,021.00 | 75,826.00 | 75,659.00 | -55,114.00 | 86,677.00 | 87,105.00 | 87,729.00 | -653,683.00 | -628,813.00 | -678,029.00 | -673,103.00 | -695,566.00 | -688,803.00 | 29,637.00 | 30,542.00 | 26,049.00 | 31,675.00 | 28,394.00 | 26,195.00 | 20,116.00 |
| Liabilities | 665,237.00 | 644,593.00 | 631,412.00 | 622,015.00 | 637,376.00 | 630,810.00 | 620,488.00 | 636,934.00 | 625,355.00 | 655,006.00 | 675,765.00 | 578,252.00 | 653,227.00 | 251,642.00 | 236,776.00 | 211,915.00 | 194,159.00 | 175,911.00 | 160,388.00 | 152,735.00 |
| Current Liabilities | 307,752.00 | 309,660.00 | 303,441.00 | 293,645.00 | 304,824.00 | 289,712.00 | 282,746.00 | 279,511.00 | 285,292.00 | 309,641.00 | 522,204.00 | 488,575.00 | 525,291.00 | 201,713.00 | 182,773.00 | 155,359.00 | 134,044.00 | 116,069.00 | 102,155.00 | 94,193.00 |
| Payables and Expenses | 219,645.00 | 208,838.00 | 198,821.00 | 205,240.00 | 215,727.00 | 198,298.00 | 191,218.00 | 195,173.00 | 195,172.00 | 223,892.00 | 248,326.00 | 291,613.00 | 344,459.00 | 162,249.00 | 144,583.00 | 123,949.00 | 102,258.00 | 84,525.00 | 73,097.00 | 66,492.00 |
| Account Payables | 188,947.00 | 178,287.00 | 171,912.00 | 170,451.00 | 173,354.00 | 158,550.00 | 159,083.00 | 162,922.00 | 148,913.00 | 171,735.00 | 198,596.00 | 237,699.00 | 276,026.00 | 144,432.00 | 127,111.00 | 102,489.00 | 79,074.00 | 66,499.00 | 55,476.00 | 49,929.00 |
| Current Accrued Liabilities | 30,698.00 | 30,551.00 | 26,909.00 | 34,789.00 | 42,373.00 | 39,748.00 | 32,135.00 | 32,251.00 | 46,259.00 | 52,157.00 | 49,730.00 | 53,914.00 | 68,433.00 | 17,817.00 | 17,472.00 | 21,460.00 | 23,184.00 | 18,026.00 | 17,621.00 | 16,563.00 |
| Short-Term Debt | 0 | 0 | 0 | 7,154.00 | 0 | 0 | 0 | 7,720.00 | 10,580.00 | 10,912.00 | 190,843.00 | 169,732.00 | 144,067.00 | 0 | 0 | 1,730.00 | 0 | 0 | 0 | 1,806.00 |
| Other Current Liabilities | 88,107.00 | 100,822.00 | 104,620.00 | 81,251.00 | 89,097.00 | 91,414.00 | 91,528.00 | 76,618.00 | 79,540.00 | 74,837.00 | 83,035.00 | 27,230.00 | 36,765.00 | 39,464.00 | 38,190.00 | 29,680.00 | 31,786.00 | 31,544.00 | 29,058.00 | 25,895.00 |
| Non-Current Liabilities | 357,485.00 | 334,933.00 | 327,971.00 | 328,370.00 | 332,552.00 | 341,098.00 | 337,742.00 | 357,423.00 | 340,063.00 | 345,365.00 | 153,561.00 | 89,677.00 | 127,936.00 | 49,929.00 | 54,003.00 | 56,556.00 | 60,115.00 | 59,842.00 | 58,233.00 | 58,542.00 |
| Long-Term Debt | 217,882.00 | 190,180.00 | 190,085.00 | 189,576.00 | 189,849.00 | 190,273.00 | 195,000.00 | 195,000.00 | 200,000.00 | 200,000.00 | 0 | 22,807.00 | 21,490.00 | 0 | 0 | 3,269.00 | 0 | 0 | 0 | 3,574.00 |
| Other Non-Current Liabilities | 139,603.00 | 144,753.00 | 137,886.00 | 138,794.00 | 142,703.00 | 150,825.00 | 142,742.00 | 162,423.00 | 140,063.00 | 145,365.00 | 0 | 66,870.00 | 106,446.00 | 0 | 0 | 53,287.00 | 0 | 0 | 0 | 54,968.00 |
| Equity | 543,671.00 | 571,702.00 | 561,827.00 | 557,357.00 | 635,770.00 | 659,972.00 | 707,418.00 | 1,045,578.00 | 1,116,814.00 | 1,227,932.00 | 1,262,830.00 | 1,303,613.00 | 1,184,827.00 | 348,537.00 | 352,316.00 | 357,102.00 | 363,753.00 | 375,515.00 | 370,375.00 | 372,944.00 |
| Shareholders Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 680,378.00 | 691,076.00 | 702,290.00 | 713,040.00 | 737,890.00 | 727,155.00 | 734,249.00 |
| Capital Stock | 801.00 | 800.00 | 800.00 | 795.00 | 792.00 | 791.00 | 791.00 | 790.00 | 787.00 | 787.00 | 787.00 | 781.00 | 776.00 | 797.00 | 797.00 | 797.00 | 797.00 | 797.00 | 797.00 | 797.00 |
| Share Premium | 799,949.00 | 814,749.00 | 812,071.00 | 808,913.00 | 806,187.00 | 802,737.00 | 798,897.00 | 795,304.00 | 770,565.00 | 766,428.00 | 762,035.00 | 895,834.00 | 883,210.00 | 292,727.00 | 290,839.00 | 288,946.00 | 286,923.00 | 285,081.00 | 283,273.00 | 281,466.00 |
| Retained Earnings | -728,714.00 | -719,183.00 | -700,502.00 | -680,993.00 | -635,164.00 | -606,375.00 | -558,363.00 | -243,908.00 | -113,289.00 | -41,010.00 | 8,006.00 | 55,338.00 | 31,535.00 | 731,821.00 | 734,249.00 | 740,820.00 | 760,398.00 | 776,054.00 | 776,121.00 | 781,813.00 |
| Treasury Shares | 5,108.00 | 5,108.00 | 5,108.00 | 5,198.00 | 5,198.00 | 5,198.00 | 5,198.00 | 5,825.00 | 5,970.00 | 5,943.00 | 5,917.00 | 4,125.00 | 4,083.00 | 660,112.00 | 660,013.00 | 661,547.00 | 669,899.00 | 673,277.00 | 676,221.00 | 679,493.00 |
| Accumulated Other Comprehensive Income | 74,655.00 | 78,355.00 | 31,632.00 | 10,897.00 | 47,377.00 | 28,274.00 | 29,656.00 | 47,461.00 | 32,800.00 | 62,208.00 | 55,251.00 | 46,713.00 | -40,288.00 | -16,696.00 | -13,556.00 | -11,914.00 | -14,466.00 | -13,140.00 | -13,595.00 | -11,639.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 309,072.00 | 313,677.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 35,279.00 | 33,116.00 | 29,973.00 | 32,060.00 | 31,506.00 | 30,159.00 | 29,252.00 | 27,743.00 | 25,179.00 | 34,327.00 | 34,052.00 | 33,005.00 | 50,934.00 | 54,070.00 | 68,142.00 | 70,965.00 | 86,545.00 | 85,596.00 | 85,358.00 | 83,261.00 |
| Debt | 217,882.00 | 190,180.00 | 190,085.00 | 189,576.00 | 189,849.00 | 190,273.00 | 195,000.00 | 195,000.00 | 421,160.00 | 421,824.00 | 190,843.00 | 169,732.00 | 144,067.00 | 0 | 0 | 4,999.00 | 0 | 0 | 0 | 5,380.00 |
| Net Debt | 4,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 107,800.00 | 305,068.00 | 294,441.00 | 53,328.00 | 60,832.00 | 32,165.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 79,831.00 | 79,779.00 | 79,707.00 | 79,218.00 | 78,967.00 | 78,855.00 | 78,850.00 | 78,674.00 | 78,391.00 | 78,364.00 | 78,361.00 | 77,889.00 | 77,619.00 | 49,126.00 | 49,133.00 | 49,063.00 | 48,680.00 | 48,524.00 | 48,388.00 | 48,241.00 |
| 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 | 792,247.00 | 512,812.00 | 247,744.00 | -435,485.00 | 679,868.00 | 452,164.00 | 226,173.00 | -749,723.00 | 923,621.00 | 651,290.00 | 323,912.00 | -122,803.00 | 667,265.00 | 326,556.00 | 154,518.00 | -244,140.00 | 408,846.00 | 270,765.00 | 127,533.00 |
| Cost Of Revenue | 491,021.00 | 318,712.00 | 152,568.00 | -300,633.00 | 440,787.00 | 298,334.00 | 153,918.00 | -560,019.00 | 669,023.00 | 470,929.00 | 236,104.00 | -59,068.00 | 447,416.00 | 209,734.00 | 100,202.00 | -128,705.00 | 244,904.00 | 154,496.00 | 73,932.00 |
| Gross Profit | 301,226.00 | 194,100.00 | 95,176.00 | -134,852.00 | 239,081.00 | 153,830.00 | 72,255.00 | -189,704.00 | 254,598.00 | 180,361.00 | 87,808.00 | -63,735.00 | 219,849.00 | 116,822.00 | 54,316.00 | -115,435.00 | 163,942.00 | 116,269.00 | 53,601.00 |
| Operating Expenses | 321,300.00 | 211,386.00 | 99,144.00 | -837,384.00 | 641,050.00 | 531,815.00 | 411,934.00 | -296,181.00 | 438,254.00 | 274,721.00 | 137,540.00 | -22,864.00 | 259,802.00 | 108,757.00 | 54,384.00 | -106,936.00 | 171,404.00 | 113,673.00 | 54,936.00 |
| Selling, General and Administrative Expenses | 168,866.00 | 110,632.00 | 50,285.00 | -120,538.00 | 176,214.00 | 118,593.00 | 59,100.00 | -140,115.00 | 196,887.00 | 133,980.00 | 67,397.00 | -5,416.00 | 130,646.00 | 55,766.00 | 27,893.00 | -50,595.00 | 89,273.00 | 58,301.00 | 27,435.00 |
| Research and Development Expenses | 152,434.00 | 100,754.00 | 48,859.00 | -131,680.00 | 172,253.00 | 120,639.00 | 60,251.00 | -156,066.00 | 203,493.00 | 140,741.00 | 70,143.00 | -17,912.00 | 112,187.00 | 52,991.00 | 26,491.00 | -56,341.00 | 82,131.00 | 55,372.00 | 27,501.00 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | -585,166.00 | 292,583.00 | 292,583.00 | 292,583.00 | 0.00 | 37,874.00 | 0.00 | 0.00 | 464.00 | 16,969.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -20,074.00 | -17,286.00 | -3,968.00 | 702,532.00 | -401,969.00 | -377,985.00 | -339,679.00 | 106,477.00 | -183,656.00 | -94,360.00 | -49,732.00 | -40,871.00 | -39,953.00 | 8,065.00 | -68.00 | -8,499.00 | -7,462.00 | 2,596.00 | -1,335.00 |
| Net Non-Operating Income | -12,551.00 | -8,750.00 | -5,252.00 | 4,743.00 | -11,932.00 | -7,278.00 | -712.00 | -1,130.00 | -4,487.00 | -2,022.00 | -2,067.00 | 22,664.00 | -8,801.00 | -8,006.00 | -3,778.00 | -6,804.00 | 5,841.00 | 5,055.00 | 3,314.00 |
| Interest Expense | 15,051.00 | 9,325.00 | 4,761.00 | -11,232.00 | 17,183.00 | 11,504.00 | 4,598.00 | -6,197.00 | 11,858.00 | 7,351.00 | 3,287.00 | 1,856.00 | 1,427.00 | 124.00 | 30.00 | -2.00 | 18.00 | 12.00 | 6.00 |
| EBT | -32,625.00 | -26,036.00 | -9,220.00 | 707,275.00 | -413,901.00 | -385,263.00 | -340,391.00 | 105,347.00 | -188,143.00 | -96,382.00 | -51,799.00 | -18,207.00 | -48,754.00 | 59.00 | -3,846.00 | -15,303.00 | -1,621.00 | 7,651.00 | 1,979.00 |
| Income Tax | 1,984.00 | 791.00 | 355.00 | -42,605.00 | 16,187.00 | 16,525.00 | 18,662.00 | -38,960.00 | 36,130.00 | 19,691.00 | 11,325.00 | 54,496.00 | 4,631.00 | 417.00 | 2,481.00 | -3,709.00 | 3,269.00 | 2,022.00 | 1,047.00 |
| Net Income Including Non-Controlling Interests | -6,743.00 | -4,213.00 | -2,236.00 | 18,298.00 | -7,593.00 | -14,691.00 | -5,839.00 | -58,267.00 | 84,784.00 | 67,170.00 | -3,232.00 | 8,371.00 | 5,545.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Non-Controlling Interests | 7,097.00 | 4,592.00 | 2,319.00 | -18,007.00 | 7,417.00 | 14,634.00 | 5,780.00 | 4,988.00 | -5,384.00 | 330.00 | 3,211.00 | -7,926.00 | -5,825.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 354.00 | 379.00 | 83.00 | 291.00 | -176.00 | -57.00 | -59.00 | -53,279.00 | 79,400.00 | 67,500.00 | -21.00 | -333.00 | -280.00 | 1,016.00 | -238.00 | -7,123.00 | -445.00 | 5,982.00 | 896.00 |
| EBIT | -17,574.00 | -16,711.00 | -4,459.00 | 696,043.00 | -396,718.00 | -373,759.00 | -335,793.00 | 99,150.00 | -176,285.00 | -89,031.00 | -48,512.00 | -16,351.00 | -47,327.00 | 183.00 | -3,816.00 | -15,305.00 | -1,603.00 | 7,663.00 | 1,985.00 |
| Deprecation and Amortization | 68,316.00 | 44,990.00 | 21,596.00 | -45,120.00 | 68,421.00 | 45,156.00 | 22,528.00 | -79,342.00 | 91,422.00 | 67,467.00 | 33,402.00 | 21,874.00 | 34,783.00 | 7,235.00 | 3,661.00 | -8,516.00 | 12,246.00 | 8,232.00 | 4,122.00 |
| EBITDA | 50,742.00 | 28,279.00 | 17,137.00 | 650,923.00 | -328,297.00 | -328,603.00 | -313,265.00 | 19,808.00 | -84,863.00 | -21,564.00 | -15,110.00 | 5,523.00 | -12,544.00 | 7,418.00 | -155.00 | -23,821.00 | 10,643.00 | 15,895.00 | 6,107.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -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 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -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 |
| Average Shares Outstanding Basic | 79,696.00 | 79,642.00 | 79,534.00 | 79,222.00 | 78,873.00 | 78,803.00 | 78,814.00 | 78,564.00 | 78,378.00 | 78,364.00 | 78,358.00 | 93,986.00 | 57,175.00 | 49,110.00 | 49,113.00 | 49,129.00 | 48,470.00 | 48,393.00 | 48,336.00 |
| Average Shares Outstanding Diluted | 79,696.00 | 79,642.00 | 79,534.00 | 79,222.00 | 78,873.00 | 78,803.00 | 78,814.00 | 78,564.00 | 78,378.00 | 78,364.00 | 78,358.00 | 93,283.00 | 57,175.00 | 49,813.00 | 49,113.00 | 47,629.00 | 48,470.00 | 49,225.00 | 49,004.00 |
| 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 | 87,529.00 | 75,341.00 | 43,181.00 | -88,550.00 | 98,526.00 | 56,496.00 | 36,598.00 | 39,796.00 | -29,314.00 | -36,160.00 | -19,926.00 | -446.00 | -42,733.00 | -5,918.00 | 4,869.00 | -54,781.00 | 28,891.00 | 18,213.00 | 10,685.00 |
| Operating Net Income | -34,963.00 | -27,206.00 | -8,948.00 | 646,841.00 | -397,538.00 | -368,681.00 | -321,670.00 | 50,548.00 | -152,317.00 | -76,668.00 | -80,906.00 | 26,178.00 | -43,843.00 | 1,016.00 | -1,127.00 | -11,068.00 | -4,445.00 | 5,982.00 | 896.00 |
| Deprecation and Amortization | 68,316.00 | 44,990.00 | 21,596.00 | -45,120.00 | 68,421.00 | 45,156.00 | 22,528.00 | -79,342.00 | 91,422.00 | 67,467.00 | 33,402.00 | 21,874.00 | 34,783.00 | 7,235.00 | 3,661.00 | -8,516.00 | 12,246.00 | 8,232.00 | 4,122.00 |
| Deferred Income Tax | 715.00 | 1,189.00 | -157.00 | 49,068.00 | -13,399.00 | -13,684.00 | -19,738.00 | 117,480.00 | -45,941.00 | -31,962.00 | -24,019.00 | -35,929.00 | -26,366.00 | -93.00 | 0 | -2,662.00 | 437.00 | 441.00 | 0 |
| Share Based Compensation | 8,738.00 | 5,888.00 | 3,210.00 | -7,825.00 | 11,417.00 | 7,793.00 | 3,957.00 | -8,128.00 | 12,229.00 | 8,103.00 | 3,812.00 | 6,736.00 | 15,912.00 | 3,781.00 | 1,893.00 | -3,399.00 | 5,457.00 | 3,615.00 | 1,807.00 |
| Change in Working Capital | -85,899.00 | -72,778.00 | -28,377.00 | 115,135.00 | -106,190.00 | -77,382.00 | -51,570.00 | 100,262.00 | -135,217.00 | -96,213.00 | -40,576.00 | -246,963.00 | 181,220.00 | 109,241.00 | 54,510.00 | 19,231.00 | 62,667.00 | 41,852.00 | 13,949.00 |
| Other Operating Activities | 130,622.00 | 123,258.00 | 55,857.00 | -846,649.00 | 535,815.00 | 463,294.00 | 403,091.00 | -141,024.00 | 200,510.00 | 93,113.00 | 88,361.00 | 227,658.00 | -204,439.00 | -127,098.00 | -54,068.00 | -48,367.00 | -47,471.00 | -41,909.00 | -10,089.00 |
| Investing Cash Flow | -49,147.00 | -32,093.00 | -18,338.00 | 25,772.00 | -46,901.00 | -28,534.00 | -12,545.00 | 14,816.00 | -22,758.00 | -17,468.00 | -6,794.00 | 10,366.00 | 43,381.00 | 4,784.00 | -2,700.00 | 17,624.00 | -3,620.00 | -1,734.00 | -2,004.00 |
| 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 | 49,557.00 | 32,528.00 | 18,695.00 | -27,801.00 | 48,183.00 | 29,369.00 | 13,374.00 | -19,110.00 | 33,674.00 | 20,118.00 | 8,439.00 | 2,185.00 | 10,153.00 | 3,285.00 | 1,461.00 | -854.00 | 3,572.00 | 2,210.00 | 741.00 |
| Net Purchase/Sale of Investments Net | 1,278.00 | 970.00 | 830.00 | -1,876.00 | 1,390.00 | 1,077.00 | 917.00 | -4,017.00 | 11,352.00 | 2,654.00 | 1,446.00 | -40,971.00 | 52,689.00 | 42,073.00 | 21,769.00 | -33,816.00 | 57,158.00 | 40,718.00 | 21,437.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -99,982.00 | -65,591.00 | -37,863.00 | 55,449.00 | -96,474.00 | -58,980.00 | -26,836.00 | 37,943.00 | -67,784.00 | -40,240.00 | -16,679.00 | 49,152.00 | -19,461.00 | -40,574.00 | -25,930.00 | 52,294.00 | -64,350.00 | -44,662.00 | -24,182.00 |
| Financing Cash Flow | -18,046.00 | -19,487.00 | 324.00 | 8,642.00 | -49,659.00 | -4,832.00 | -4,162.00 | -125,251.00 | 60,311.00 | 68,179.00 | 55,628.00 | 4,305.00 | 61,129.00 | -8,574.00 | -3,924.00 | 2,694.00 | -7,126.00 | -5,296.00 | -3,230.00 |
| Net Issuance/Repayment of Debt | 414,250.00 | 24,000.00 | 0 | 47,000.00 | 5,000.00 | 5,000.00 | 0 | -428,474.00 | 237,924.00 | 237,769.00 | 206,392.00 | -91,609.00 | 219,198.00 | 84,000.00 | 24,000.00 | 30,000.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 1,434.00 | 1,163.00 | 756.00 | 167.00 | 219.00 | 219.00 | 219.00 | 132.00 | 187.00 | 163.00 | 58.00 | 266.00 | 5,434.00 | 636.00 | 568.00 | -4,476.00 | 6,111.00 | 3,552.00 | 1,244.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,232.00 | 21,237.00 | 14,156.00 | 7,076.00 | -6,289.00 | 15,859.00 | 8,877.00 | 4,438.00 | -8,691.00 | 13,124.00 | 8,735.00 | 4,361.00 |
| Other Financing Activities | -433,730.00 | -44,650.00 | -432.00 | -38,525.00 | -54,878.00 | -10,051.00 | -4,381.00 | 324,323.00 | -199,037.00 | -183,909.00 | -157,898.00 | 101,937.00 | -179,362.00 | -102,087.00 | -32,930.00 | -14,139.00 | -26,361.00 | -17,583.00 | -8,835.00 |
| Net Change in Cash | 20,336.00 | 23,761.00 | 25,167.00 | -54,136.00 | 1,966.00 | 23,130.00 | 19,891.00 | -70,639.00 | 8,239.00 | 14,551.00 | 28,908.00 | 14,225.00 | 61,777.00 | -9,708.00 | -1,755.00 | -34,463.00 | 18,145.00 | 11,183.00 | 5,451.00 |
| Cash at Beginning of Period | 80,893.00 | 82,510.00 | 76,154.00 | 131,703.00 | 86,490.00 | 88,055.00 | 86,866.00 | 157,806.00 | 107,853.00 | 109,743.00 | 107,549.00 | 94,419.00 | 49,322.00 | 53,076.00 | 55,786.00 | 91,281.00 | 57,460.00 | 58,798.00 | 58,445.00 |
| Cash at End of Period | 101,229.00 | 106,271.00 | 101,321.00 | 77,567.00 | 88,456.00 | 111,185.00 | 106,757.00 | 87,167.00 | 116,092.00 | 124,294.00 | 136,457.00 | 108,644.00 | 111,099.00 | 43,368.00 | 54,031.00 | 56,818.00 | 75,605.00 | 69,981.00 | 63,896.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |