AIRG

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -8.94 -2.97 -7.66 -10.52 -52.29
Price to Sales 1.29 0.66 0.87 1.66 3.56
Book Value Per Common Share 2.69 3.00 3.89 4.37 4.88
Price to Book 2.63 1.19 1.67 2.43 3.64
Price to Operating Cash Flow -22.12 -11.21 14.92 -9.53 46.63
Price to Free Cash Flow
Enterprise Value to EBITDA
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 -12.76 -16.08 -25.92 -12.16 -13.13 -23.70 -5.48 -11.02 -19.18 -13.60 -19.80 -30.32 -23.35 -85.92 1059.50
Price to Sales 1.29 1.91 3.25 1.81 2.20 4.03 0.83 1.73 3.35 1.31 2.25 4.38 2.51 5.92 12.03
Book Value Per Common Share 2.49 2.50 2.57 2.69 2.72 2.80 2.84 3.00 3.42 3.56 3.68 3.89 4.11 4.14 4.20 4.37 4.73 4.92 5.04 4.88
Price to Book 1.74 1.67 1.31 2.63 2.78 2.16 1.92 1.19 1.07 1.52 1.46 1.67 1.75 1.96 1.80 2.43 2.66 4.19 4.21 3.64
Price to Operating Cash Flow -39.13 -54.64 -38.08 -23.54 -27.92 -51.32 -27.91 -27.86 -38.44 35.24 41.79 18.49 -18.21 -36.77 -53.35
Price to Free Cash Flow
Enterprise Value to EBITDA 137183.76 231738.28 1517003.15

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 8.14 -26.16 18.08 32.52
EBITDA YoY
Net Profit YoY
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
Revenue YoY 54.68 113.40 54.74 106.70 42.44 96.27 52.16 110.07 44.57 99.54
EBITDA YoY 75.97 719.47
Net Profit YoY 300.00 -57.81

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.77 0.76 1.17 1.45 3.93
Quick Ratio 1.49 1.53 1.60 1.27 6.27
Current Ratio 1.91 1.91 2.11 1.78 6.63
Debt to Equity 0.56 0.34 0.37 0.50 0.15
Long-Term Debt to Equity 0.13 0.03 0.04 0.05 0.01
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 0.60 0.66 0.64 0.74 0.67 0.78 0.68 0.75 0.96 0.90 0.96 1.16 1.55 1.53 1.84 1.44 1.90 2.03 2.17 3.90
Quick Ratio 1.69 1.65 1.65 1.49 1.58 1.66 1.44 1.53 1.71 1.60 1.69 1.60 1.76 1.73 1.23 1.27 1.54 1.68 3.29 6.27
Current Ratio 2.13 2.08 2.11 1.91 1.92 2.07 1.79 1.91 2.34 2.18 2.27 2.11 2.09 2.02 1.69 1.78 1.96 2.01 3.75 6.63
Debt to Equity 0.53 0.53 0.52 0.56 0.40 0.34 0.40 0.34 0.29 0.34 0.32 0.37 0.39 0.40 0.56 0.50 0.45 0.43 0.38 0.15
Long-Term Debt to Equity 0.13 0.13 0.14 0.13 0.01 0.02 0.02 0.03 0.03 0.03 0.04 0.04 0.05 0.05 0.05 0.05 0.05 0.05 0.19 0.01

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -17.93 -29.43 -15.92 1.05 -5.97
ROE -28.05 -39.56 -21.74 1.58 -6.87
Gross Margin 40.93 37.05 36.86 38.29 46.57
Operating Margin -29.18 -43.90 -11.30 -18.88 -6.20
EBITDA Margin -17.47 -37.42 -6.42 -13.36 -4.08
Net Profit Margin -14.34 -22.18 -11.41 1.09 -6.76
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 -8.75 -6.64 -3.35 -15.55 -11.71 -5.74 -15.00 -10.23 -5.67 -9.33 -7.01 -3.76 0.58 0.14 0.34
ROE -13.40 -10.14 -5.10 -21.83 -15.73 -8.05 -19.42 -13.65 -7.46 -12.95 -9.80 -5.89 0.84 0.20 0.47
Gross Margin 43.15 42.90 42.95 40.51 39.86 39.18 38.79 39.03 38.42 39.47 39.80 40.84 39.38 40.94 39.69
Operating Margin -9.93 -11.64 -12.67 -15.09 -17.25 -18.23 -14.92 -15.44 -16.88 -9.47 -11.02 -13.90 -15.27 -13.31 -10.82
EBITDA Margin 9.53 8.37 2.18 -9.27 -11.24 -12.00 -8.99 -9.78 -11.41 -4.52 -6.00 -8.62 -10.01 -8.29 -5.94
Net Profit Margin -10.05 -11.78 -12.87 -14.78 -16.89 -17.25 -15.11 -15.69 -17.38 -9.71 -11.25 -14.39 0.80 0.29 1.36

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 48,443.00 42,229.00 54,400.00 66,390.00 54,927.00
   Current Assets 25,831.00 19,081.00 27,154.00 35,489.00 45,433.00
      Cash and Short-Term Investments 8,510.00 7,881.00 11,903.00 14,511.00 38,173.00
            Cash and Cash Equivalents 8,510.00 7,881.00 11,903.00 14,511.00 38,173.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 11,671.00 7,375.00 8,741.00 10,757.00 4,782.00
      Inventory 9,194.00 5,962.00 4,226.00 8,949.00 1,016.00
      Other Current Assets -3,544.00 -2,137.00 2,284.00 1,272.00 1,462.00
   Non-Current Assets 22,612.00 23,148.00 27,246.00 30,901.00 9,494.00
      Property, Plant, Equipment Net 5,894.00 3,899.00 4,982.00 8,675.00 2,377.00
      Goodwill 10,845.00 10,845.00 17,945.00 10,845.00 3,700.00
      Intangible Assets 5,799.00 8,234.00 11,203.00 14,229.00 541.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 74.00 170.00 -6,884.00 -2,848.00 2,876.00
Liabilities 17,474.00 10,816.00 14,575.00 22,217.00 7,185.00
   Current Liabilities 13,501.00 9,991.00 12,900.00 19,887.00 6,856.00
      Payables and Expenses 11,540.00 7,200.00 9,381.00 7,487.00 5,669.00
            Account Payables 9,499.00 6,472.00 6,507.00 5,474.00 2,975.00
            Current Accrued Liabilities 2,041.00 728.00 2,874.00 2,013.00 2,694.00
      Short-Term Debt 89.00 865.00 904.00 841.00 0
      Other Current Liabilities 1,872.00 1,926.00 2,615.00 11,559.00 1,187.00
   Non-Current Liabilities 3,973.00 825.00 1,675.00 2,330.00 329.00
      Long-Term Debt 3,810.00 674.00 1,536.00 2,221.00 0
      Other Non-Current Liabilities 163.00 151.00 139.00 109.00 0
Equity 30,969.00 31,413.00 39,825.00 44,173.00 47,742.00
   Shareholders Equity 30,969.00 31,413.00 39,825.00 44,173.00 47,742.00
      Capital Stock 0 0 0 0 0
      Share Premium 0 0 0 0 0
      Retained Earnings -87,209.00 -78,521.00 -66,093.00 -57,434.00 -47,347.00
      Treasury Shares 5,364.00 5,364.00 5,364.00 5,364.00 5,267.00
      Accumulated Other Comprehensive Income -4.00 3.00 0 0 0
   Minority Interest 0 0 0 0 0
Debt 3,899.00 1,539.00 2,440.00 3,062.00 0
Common Shares Outstanding 11,529.00 10,469.00 10,226.00 10,097.00 9,784.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 60,599.00 56,040.00 75,895.00 64,273.00 48,502.00
Cost Of Revenue 35,797.00 35,277.00 47,923.00 39,666.00 25,917.00
Gross Profit 24,802.00 20,763.00 27,972.00 24,607.00 22,585.00
Operating Expenses 33,730.00 33,163.00 36,552.00 36,731.00 25,769.00
   Selling, General and Administrative Expenses 21,866.00 22,658.00 25,207.00 23,771.00 16,612.00
   Research and Development Expenses 11,864.00 10,505.00 11,345.00 10,920.00 9,157.00
   Other Operating Expenses 0.00 0.00 0.00 2,040.00 0.00
Operating Income -8,928.00 -12,400.00 -8,580.00 -12,124.00 -3,184.00
Net Non-Operating Income -8,752.00 -12,200.00 5.00 -12.00 178.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT -17,680.00 -24,600.00 -8,575.00 -12,136.00 -3,006.00
Income Tax 152.00 128.00 84.00 2,049.00 273.00
Net Income -8,688.00 -12,428.00 -8,659.00 700.00 -3,279.00
EBIT -17,680.00 -24,600.00 -8,575.00 -12,136.00 -3,006.00
Deprecation and Amortization 7,093.00 3,630.00 3,701.00 3,550.00 1,028.00
EBITDA -10,587.00 -20,970.00 -4,874.00 -8,586.00 -1,978.00
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 11,053.00 10,392.00 10,190.00 10,019.00 9,714.00
Average Shares Outstanding Diluted 11,053.00 10,392.00 10,190.00 10,019.00 9,714.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -3,527.00 -3,301.00 4,446.00 -11,170.00 3,704.00
   Operating Net Income -8,688.00 -12,428.00 -8,659.00 -10,087.00 -3,279.00
   Deprecation and Amortization 7,093.00 3,630.00 3,701.00 3,550.00 1,028.00
   Deferred Income Tax 11.00 12.00 30.00 -2,279.00 6.00
   Share Based Compensation 4,635.00 3,681.00 4,978.00 4,049.00 2,564.00
   Change in Working Capital 9,662.00 -5,364.00 -4,861.00 11,724.00 -3,371.00
   Other Operating Activities -16,240.00 7,168.00 9,257.00 -18,127.00 6,756.00
Investing Cash Flow -178.00 -346.00 -750.00 -14,921.00 20,886.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 178.00 346.00 776.00 736.00 727.00
   Net Purchase/Sale of Investments Net 0 0 0 0 23,119.00
   Net Purchase/Sale of Business 0 0 0 14,185.00 0
   Other Investing Activities -356.00 -692.00 -1,526.00 -29,842.00 -2,960.00
Financing Cash Flow 4,301.00 -458.00 -6,304.00 2,429.00 561.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 4,395.00 232.00 228.00 2,623.00 1,777.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -94.00 -690.00 -6,532.00 -194.00 -1,216.00
Net Change in Cash 589.00 -4,102.00 -2,608.00 -23,662.00 25,151.00
   Cash at Beginning of Period 7,976.00 12,078.00 14,686.00 38,348.00 13,197.00
   Cash at End of Period 8,565.00 7,976.00 12,078.00 14,686.00 38,348.00
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 45,544.00 45,521.00 46,116.00 48,443.00 43,254.00 42,437.00 42,798.00 42,229.00 46,302.00 49,512.00 50,423.00 54,400.00 58,293.00 59,045.00 66,995.00 66,390.00 69,192.00 71,143.00 69,361.00 54,927.00
   Current Assets 25,241.00 24,553.00 24,026.00 25,831.00 23,265.00 21,311.00 20,820.00 19,081.00 22,252.00 24,381.00 24,197.00 27,154.00 29,992.00 29,716.00 37,000.00 35,489.00 37,350.00 38,200.00 35,673.00 45,433.00
      Cash and Short-Term Investments 7,091.00 7,678.00 7,401.00 8,510.00 7,346.00 8,416.00 7,169.00 7,881.00 9,989.00 9,270.00 9,839.00 11,903.00 15,785.00 15,619.00 18,655.00 14,511.00 18,954.00 20,240.00 21,458.00 38,173.00
            Cash and Cash Equivalents 7,091.00 7,678.00 7,401.00 8,510.00 7,346.00 8,416.00 7,169.00 7,881.00 9,989.00 9,270.00 9,839.00 11,903.00 15,785.00 15,619.00 18,655.00 14,511.00 18,954.00 20,240.00 21,458.00 38,173.00
            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 12,885.00 11,826.00 11,371.00 11,671.00 11,800.00 8,642.00 9,644.00 7,375.00 6,272.00 8,626.00 8,148.00 8,741.00 9,452.00 9,822.00 8,179.00 10,757.00 10,351.00 11,644.00 9,853.00 4,782.00
      Inventory 8,826.00 8,665.00 8,743.00 9,194.00 6,911.00 8,255.00 6,362.00 5,962.00 10,470.00 12,569.00 12,369.00 4,226.00 9,345.00 8,621.00 8,719.00 8,949.00 6,546.00 4,549.00 2,409.00 1,016.00
      Other Current Assets -3,561.00 -3,616.00 -3,489.00 -3,544.00 -2,792.00 -4,002.00 -2,355.00 -2,137.00 -4,479.00 -6,084.00 -6,159.00 2,284.00 -4,590.00 -4,346.00 1,447.00 1,272.00 1,499.00 1,767.00 1,953.00 1,462.00
   Non-Current Assets 20,303.00 20,968.00 22,090.00 22,612.00 19,989.00 21,126.00 21,978.00 23,148.00 24,050.00 25,131.00 26,226.00 27,246.00 28,301.00 29,329.00 29,995.00 30,901.00 31,842.00 32,943.00 33,688.00 9,494.00
      Property, Plant, Equipment Net 6,457.00 5,831.00 6,163.00 5,894.00 3,066.00 3,366.00 3,485.00 3,899.00 4,058.00 4,358.00 4,705.00 4,982.00 5,253.00 5,491.00 8,533.00 8,675.00 9,138.00 9,452.00 9,409.00 2,377.00
      Goodwill 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 10,845.00 17,945.00 10,845.00 10,845.00 17,990.00 10,845.00 10,845.00 10,845.00 10,845.00 3,700.00
      Intangible Assets 3,626.00 4,218.00 5,008.00 5,799.00 6,009.00 6,751.00 7,493.00 8,234.00 8,977.00 9,718.00 10,460.00 11,203.00 11,960.00 12,716.00 13,472.00 14,229.00 14,985.00 15,750.00 16,517.00 541.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets -625.00 74.00 74.00 74.00 69.00 164.00 155.00 170.00 170.00 210.00 216.00 -6,884.00 243.00 277.00 -10,000.00 -2,848.00 -3,126.00 -3,104.00 -3,083.00 2,876.00
Liabilities 15,809.00 15,735.00 15,790.00 17,474.00 12,443.00 10,847.00 12,285.00 10,816.00 10,537.00 12,433.00 12,123.00 14,575.00 16,281.00 16,797.00 24,172.00 22,217.00 21,418.00 21,557.00 18,963.00 7,185.00
   Current Liabilities 11,827.00 11,787.00 11,395.00 13,501.00 12,099.00 10,307.00 11,651.00 9,991.00 9,514.00 11,207.00 10,660.00 12,900.00 14,367.00 14,733.00 21,857.00 19,887.00 19,041.00 18,990.00 9,505.00 6,856.00
      Payables and Expenses 8,485.00 8,259.00 9,728.00 11,540.00 9,198.00 7,139.00 7,955.00 7,200.00 6,067.00 6,759.00 7,615.00 9,381.00 10,319.00 9,259.00 8,511.00 7,487.00 7,644.00 8,028.00 6,379.00 5,669.00
            Account Payables 7,938.00 7,061.00 7,870.00 9,499.00 7,438.00 5,844.00 7,156.00 6,472.00 5,425.00 5,659.00 6,744.00 6,507.00 7,827.00 7,062.00 7,043.00 5,474.00 5,891.00 6,105.00 4,848.00 2,975.00
            Current Accrued Liabilities 547.00 1,198.00 1,858.00 2,041.00 1,760.00 1,295.00 799.00 728.00 642.00 1,100.00 871.00 2,874.00 2,492.00 2,197.00 1,468.00 2,013.00 1,753.00 1,923.00 1,531.00 2,694.00
      Short-Term Debt 729.00 573.00 197.00 89.00 848.00 881.00 848.00 865.00 909.00 921.00 889.00 904.00 888.00 837.00 844.00 841.00 864.00 883.00 981.00 0
      Other Current Liabilities 2,613.00 2,955.00 1,470.00 1,872.00 2,053.00 2,287.00 2,848.00 1,926.00 2,538.00 3,527.00 2,156.00 2,615.00 3,160.00 4,637.00 12,502.00 11,559.00 10,533.00 10,079.00 2,145.00 1,187.00
   Non-Current Liabilities 3,982.00 3,948.00 4,395.00 3,973.00 344.00 540.00 634.00 825.00 1,023.00 1,226.00 1,463.00 1,675.00 1,914.00 2,064.00 2,315.00 2,330.00 2,377.00 2,567.00 9,458.00 329.00
      Long-Term Debt 3,821.00 3,783.00 4,228.00 3,810.00 181.00 370.00 476.00 674.00 878.00 1,080.00 1,321.00 1,536.00 1,782.00 1,937.00 2,198.00 2,221.00 2,274.00 2,470.00 2,686.00 0
      Other Non-Current Liabilities 161.00 165.00 167.00 163.00 163.00 170.00 158.00 151.00 145.00 146.00 142.00 139.00 132.00 127.00 117.00 109.00 103.00 97.00 6,772.00 0
Equity 29,735.00 29,786.00 30,326.00 30,969.00 30,811.00 31,590.00 30,513.00 31,413.00 35,765.00 37,079.00 38,300.00 39,825.00 42,012.00 42,248.00 42,823.00 44,173.00 47,774.00 49,586.00 50,398.00 47,742.00
   Shareholders Equity 29,735.00 29,786.00 30,326.00 30,969.00 30,811.00 31,590.00 30,513.00 31,413.00 35,765.00 37,079.00 38,300.00 39,825.00 42,012.00 42,248.00 42,823.00 44,173.00 47,774.00 49,586.00 50,398.00 47,742.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings -91,194.00 -90,230.00 -88,755.00 -87,209.00 -85,246.00 -83,489.00 -80,976.00 -78,521.00 -73,037.00 -71,156.00 -68,951.00 -66,093.00 -62,873.00 -61,574.00 -59,955.00 -57,434.00 -52,788.00 -49,719.00 -47,110.00 -47,347.00
      Treasury Shares 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,364.00 5,267.00 5,267.00 5,267.00
      Accumulated Other Comprehensive Income -12.00 1.00 -3.00 -4.00 9.00 -1.00 1.00 3.00 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 4,550.00 4,356.00 4,425.00 3,899.00 1,029.00 1,251.00 1,324.00 1,539.00 1,787.00 2,001.00 2,210.00 2,440.00 2,670.00 2,774.00 3,042.00 3,062.00 3,138.00 3,353.00 3,667.00 0
Common Shares Outstanding 11,942.00 11,903.00 11,794.00 11,529.00 11,340.00 11,301.00 10,761.00 10,469.00 10,444.00 10,423.00 10,407.00 10,226.00 10,224.00 10,200.00 10,189.00 10,097.00 10,095.00 10,077.00 10,003.00 9,784.00
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 39,654.00 25,636.00 12,013.00 -28,563.00 45,516.00 29,415.00 14,231.00 -38,648.00 45,970.00 32,274.00 16,444.00 -34,441.00 56,006.00 36,808.00 17,522.00 -37,907.00 50,129.00 34,674.00 17,377.00
Cost Of Revenue 22,544.00 14,637.00 6,853.00 -17,627.00 27,078.00 17,691.00 8,655.00 -22,663.00 28,137.00 19,677.00 10,126.00 -18,504.00 33,902.00 22,159.00 10,366.00 -21,679.00 30,387.00 20,478.00 10,480.00
Gross Profit 17,110.00 10,999.00 5,160.00 -10,936.00 18,438.00 11,724.00 5,576.00 -15,985.00 17,833.00 12,597.00 6,318.00 -15,937.00 22,104.00 14,649.00 7,156.00 -16,228.00 19,742.00 14,196.00 6,897.00
Operating Expenses 23,173.00 16,095.00 8,256.00 -16,719.00 25,386.00 16,858.00 8,205.00 -18,289.00 24,745.00 17,599.00 9,108.00 -19,125.00 27,407.00 18,688.00 9,582.00 -18,261.00 27,403.00 18,811.00 8,778.00
   Selling, General and Administrative Expenses 15,981.00 11,044.00 5,758.00 -10,136.00 16,295.00 10,622.00 5,085.00 -13,969.00 17,408.00 12,560.00 6,659.00 -11,907.00 18,290.00 12,484.00 6,340.00 -11,736.00 17,613.00 11,822.00 6,072.00
   Research and Development Expenses 7,192.00 5,051.00 2,498.00 -6,583.00 9,091.00 6,236.00 3,120.00 -4,320.00 7,337.00 5,039.00 2,449.00 -7,218.00 9,117.00 6,204.00 3,242.00 -5,348.00 8,130.00 5,432.00 2,706.00
   Other Operating Expenses 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 -1,177.00 1,660.00 1,557.00 0.00
Operating Income -6,063.00 -5,096.00 -3,096.00 5,783.00 -6,948.00 -5,134.00 -2,629.00 2,304.00 -6,912.00 -5,002.00 -2,790.00 3,188.00 -5,303.00 -4,039.00 -2,426.00 2,033.00 -7,661.00 -4,615.00 -1,881.00
Net Non-Operating Income 2,126.00 2,113.00 1,574.00 -8,924.00 78.00 60.00 34.00 -12,285.00 52.00 19.00 14.00 36.00 -2.00 -19.00 -10.00 -18.00 6.00 -1.00 1.00
Interest Expense 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 Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21.00 0 0
EBT -3,937.00 -2,983.00 -1,522.00 -3,141.00 -6,870.00 -5,074.00 -2,595.00 -9,981.00 -6,860.00 -4,983.00 -2,776.00 3,224.00 -5,305.00 -4,058.00 -2,436.00 2,015.00 -7,655.00 -4,616.00 -1,880.00
Income Tax 48.00 38.00 24.00 -239.00 145.00 106.00 140.00 -118.00 84.00 80.00 82.00 -217.00 134.00 82.00 85.00 -4,526.00 2,214.00 2,244.00 2,117.00
Net Income -3,985.00 -3,021.00 -1,546.00 5,460.00 -6,725.00 -4,968.00 -2,455.00 2,437.00 -6,944.00 -5,063.00 -2,858.00 3,441.00 -5,439.00 -4,140.00 -2,521.00 -37.00 400.00 100.00 237.00
EBIT -3,937.00 -2,983.00 -1,522.00 -3,141.00 -6,870.00 -5,074.00 -2,595.00 -9,981.00 -6,860.00 -4,983.00 -2,776.00 3,224.00 -5,305.00 -4,058.00 -2,436.00 2,015.00 -7,655.00 -4,616.00 -1,880.00
Deprecation and Amortization 7,715.00 5,130.00 1,784.00 1,787.00 2,651.00 1,768.00 887.00 -1,824.00 2,727.00 1,827.00 900.00 -1,845.00 2,771.00 1,850.00 925.00 -1,675.00 2,637.00 1,741.00 847.00
EBITDA 3,778.00 2,147.00 262.00 -1,354.00 -4,219.00 -3,306.00 -1,708.00 -11,805.00 -4,133.00 -3,156.00 -1,876.00 1,379.00 -2,534.00 -2,208.00 -1,511.00 340.00 -5,018.00 -2,875.00 -1,033.00
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 -0.00 0.00
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 -0.00 0.00
Average Shares Outstanding Basic 11,782.00 11,711.00 11,579.00 12,014.00 10,930.00 10,736.00 10,532.00 10,592.00 10,370.00 10,340.00 10,266.00 10,263.00 10,179.00 10,188.00 10,130.00 10,266.00 9,993.00 9,948.00 9,869.00
Average Shares Outstanding Diluted 11,782.00 11,711.00 11,579.00 12,014.00 10,930.00 10,736.00 10,532.00 10,592.00 10,370.00 10,340.00 10,266.00 10,263.00 10,179.00 10,188.00 10,130.00 -960,937.00 9,993.00 9,948.00 981,072.00
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 -1,307.00 -896.00 -1,025.00 3,415.00 -3,501.00 -2,322.00 -1,119.00 1,501.00 -1,364.00 -2,004.00 -1,434.00 -3,769.00 2,083.00 1,980.00 4,152.00 5,250.00 -6,921.00 -5,579.00 -3,920.00
   Operating Net Income -3,985.00 -3,021.00 -1,546.00 5,460.00 -6,725.00 -4,968.00 -2,455.00 2,437.00 -6,944.00 -5,063.00 -2,858.00 3,441.00 -5,439.00 -4,140.00 -2,521.00 -2,511.00 -5,441.00 -2,372.00 237.00
   Deprecation and Amortization 7,715.00 5,130.00 1,784.00 1,787.00 2,651.00 1,768.00 887.00 -1,824.00 2,727.00 1,827.00 900.00 -1,845.00 2,771.00 1,850.00 925.00 -1,675.00 2,637.00 1,741.00 847.00
   Deferred Income Tax -1.00 3.00 5.00 -27.00 12.00 19.00 7.00 -5.00 7.00 7.00 3.00 -20.00 24.00 18.00 8.00 -5.00 -2,285.00 -2,291.00 2,302.00
   Share Based Compensation 1,890.00 1,510.00 907.00 -1,998.00 3,334.00 2,253.00 1,046.00 -1,721.00 2,472.00 1,949.00 981.00 -2,293.00 3,575.00 2,455.00 1,241.00 -1,819.00 3,004.00 1,936.00 928.00
   Change in Working Capital -1,625.00 -3,571.00 -2,516.00 -1,300.00 6,330.00 1,440.00 3,192.00 3,683.00 -5,392.00 -1,903.00 -1,752.00 -5,254.00 2,014.00 182.00 -1,803.00 -11,802.00 9,612.00 9,298.00 4,616.00
   Other Operating Activities -5,301.00 -947.00 341.00 -507.00 -9,103.00 -2,834.00 -3,796.00 -1,069.00 5,766.00 1,179.00 1,292.00 2,202.00 -862.00 1,615.00 6,302.00 23,062.00 -14,448.00 -13,891.00 -12,850.00
Investing Cash Flow -288.00 -58.00 -42.00 209.00 -177.00 -150.00 -60.00 19.00 -172.00 -104.00 -89.00 166.00 -624.00 -164.00 -128.00 28,646.00 -14,727.00 -14,594.00 -14,246.00
   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 288.00 58.00 42.00 -209.00 177.00 150.00 60.00 -19.00 172.00 104.00 89.00 -180.00 644.00 184.00 128.00 -276.00 542.00 409.00 61.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -28,370.00 14,185.00 14,185.00 14,185.00
   Other Investing Activities -576.00 -116.00 -84.00 418.00 -354.00 -300.00 -120.00 38.00 -344.00 -208.00 -178.00 346.00 -1,268.00 -348.00 -256.00 57,292.00 -29,454.00 -29,188.00 -28,492.00
Financing Cash Flow 184.00 117.00 -43.00 -2,278.00 3,098.00 3,012.00 469.00 1,066.00 -458.00 -525.00 -541.00 7,235.00 -6,780.00 -6,879.00 120.00 -3,691.00 2,429.00 2,240.00 1,451.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 375.00 308.00 148.00 -3,169.00 3,193.00 3,107.00 1,264.00 -302.00 232.00 165.00 137.00 -263.00 235.00 136.00 120.00 -3,691.00 2,623.00 2,240.00 1,451.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -191.00 -191.00 -191.00 891.00 -95.00 -95.00 -795.00 1,368.00 -690.00 -690.00 -678.00 7,498.00 -7,015.00 -7,015.00 0.00 0.00 -194.00 0.00 0.00
Net Change in Cash -1,419.00 -832.00 -1,109.00 1,341.00 -575.00 535.00 -712.00 2,589.00 -1,994.00 -2,633.00 -2,064.00 3,632.00 -5,321.00 -5,063.00 4,144.00 30,205.00 -19,219.00 -17,933.00 -16,715.00
   Cash at Beginning of Period 8,565.00 8,565.00 8,565.00 7,224.00 7,976.00 7,976.00 7,976.00 5,387.00 12,078.00 12,078.00 12,078.00 8,446.00 14,686.00 14,686.00 14,686.00 -15,519.00 38,348.00 38,348.00 38,348.00
   Cash at End of Period 7,146.00 7,733.00 7,456.00 8,565.00 7,401.00 8,511.00 7,264.00 7,976.00 10,084.00 9,445.00 10,014.00 12,078.00 9,365.00 9,623.00 18,830.00 14,686.00 19,129.00 20,415.00 21,633.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0