Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 20.69 21.23 93.35 13.64 -4.85
Price to Sales 0.70 0.48 0.56 1.06 1.80
Book Value Per Common Share 35.51 16.31 29.92 30.19 24.20
Price to Book 1.82 2.40 1.44 1.73 2.15
Price to Operating Cash Flow 5.58 4.74 3.84 6.33 -27.43
Price to Free Cash Flow
Enterprise Value to EBITDA 18618.30 49264.45 38675.44 45649.22
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
Price to Earnings 75.42 989.60 -36.46 17.59 57.71 -40.94 19.94 69.06 -37.80 139.82 -1335.00 -50.89 15.88 28.31 -65.91
Price to Sales 0.56 0.88 1.93 0.70 0.99 2.43 0.60 1.35 2.44 0.69 1.17 4.35 1.71 3.23 10.79
Book Value Per Common Share 34.96 34.20 33.67 35.51 35.51 33.41 31.64 16.31 32.20 31.03 28.99 29.92 30.17 29.97 28.85 30.19 28.18 26.54 23.10
Price to Book 1.42 1.45 1.46 1.82 1.27 1.21 1.36 2.40 1.15 1.71 1.45 1.44 1.30 1.34 2.01 1.73 2.08 2.27 3.00
Price to Operating Cash Flow 5.57 7.17 13.20 4.79 5.84 18.55 4.28 8.15 24.10 3.51 4.09 25.46 8.12 7.46 51.51
Price to Free Cash Flow
Enterprise Value to EBITDA 18505.46 30917.50 243901.39 66383.65 130347.40 72628.85 197449.83 140272.19 274421.18 82136.27 215175.52

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 70.11 300.00 -87.96
Revenue YoY 12.56 8.09 56.19 73.19
EBITDA YoY 114.10 41.24 -1.46
Net Profit YoY 68.09 305.17 -87.87
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
Earning YoY 1220.00 267.14 141.56 73.24
Revenue YoY 55.05 118.07 59.89 129.79 56.40 129.24 65.18 158.12 84.04 191.59
EBITDA YoY 68.02 643.95 -91.96 119.13 89.21 91.35 154.70
Net Profit YoY 1216.67 268.18 141.84 72.93

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 19.85 14.06 19.08 24.92 27.10
Quick Ratio 0.52 0.51 0.62 0.93 0.90
Current Ratio 0.61 0.61 0.68 0.98 0.93
Debt to Equity 3.52 2.55 2.72 2.67 3.70
Long-Term Debt to Equity 2.12 1.47 1.54 1.62 2.26
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
Cash Per Common Share 19.32 17.79 20.24 20.34 20.07 19.89 18.08 7.10 19.24 19.16 19.05 18.95 24.91 27.13 22.94 24.75 25.59 31.70 28.55
Quick Ratio 0.46 0.48 0.47 0.52 0.49 0.58 0.55 0.51 0.55 0.56 0.59 0.62 0.76 0.80 0.80 0.93 0.94 0.94 0.86
Current Ratio 0.52 0.52 0.56 0.61 0.60 0.68 0.65 0.61 0.72 0.63 0.64 0.68 0.81 0.86 0.87 0.98 0.99 0.98 0.90
Debt to Equity 3.97 4.04 3.79 3.52 3.37 2.63 2.72 2.55 2.71 2.75 2.88 2.72 2.80 2.90 2.91 2.67 2.93 3.41 3.96
Long-Term Debt to Equity 2.31 2.34 2.17 2.12 1.97 1.45 1.51 1.47 1.47 1.44 1.56 1.54 1.57 1.61 1.65 1.62 1.79 1.95 2.30

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.00 1.61 0.41 3.43 -9.43
ROE 9.03 5.71 1.52 12.58 -44.31
Gross Margin 78.70 15.47 8.77 24.01 18.87
Operating Margin 22.56 14.86 10.38 16.89 -149.55
EBITDA Margin 36.49 19.18 14.68 23.27 -137.77
Net Profit Margin 3.37 2.25 0.60 7.74 -37.13
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
ROA 0.39 0.03 -0.84 1.66 0.57 -0.89 1.56 0.66 -0.99 0.25 -0.03 -1.01 3.31 1.82 -0.92
ROE 1.96 0.15 -4.01 7.23 2.08 -3.32 5.79 2.48 -3.85 0.94 -0.11 -3.93 13.03 8.00 -4.56
Gross Margin 75.74 76.09 74.75 25.52 22.23 13.98 17.78 18.06 0.46 8.01 11.13 19.16 24.50 18.42 -3.14
Operating Margin 13.24 10.58 -9.69 5.68 2.69 -7.97 4.05 2.50 -9.06 0.61 -0.48 -12.25 14.03 6.71 -111.79
EBITDA Margin 29.23 26.97 7.91 10.47 7.64 -2.33 8.24 6.81 -4.33 4.94 4.26 -6.19 20.90 15.10 -99.62
Net Profit Margin 0.74 0.09 -5.29 3.95 1.72 -5.91 3.01 1.95 -6.47 0.50 -0.09 -8.51 10.76 11.45 -16.44

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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 19,768,000.00 14,613,000.00 14,186,000.00 13,951,000.00 14,046,000.00
   Current Assets 3,760,000.00 2,705,000.00 3,040,000.00 3,920,000.00 4,006,000.00
      Cash and Short-Term Investments 2,504,000.00 1,791,000.00 2,417,000.00 3,116,000.00 3,346,000.00
            Cash and Cash Equivalents 1,201,000.00 281,000.00 338,000.00 470,000.00 1,370,000.00
            Short-Term Investments 1,274,000.00 1,510,000.00 2,079,000.00 2,646,000.00 16,000.00
      Net Receivables 676,000.00 485,000.00 379,000.00 608,000.00 528,000.00
      Inventory 199,000.00 116,000.00 104,000.00 62,000.00 57,000.00
      Other Current Assets 381,000.00 313,000.00 140,000.00 134,000.00 75,000.00
   Non-Current Assets 16,008,000.00 11,908,000.00 11,146,000.00 10,031,000.00 10,040,000.00
      Property, Plant, Equipment Net 34,127,000.00 28,469,000.00 25,900,000.00 22,942,000.00 22,282,000.00
      Goodwill 6,229,000.00 2,033,000.00 2,038,000.00 2,044,000.00 1,943,000.00
      Intangible Assets 873,000.00 0 0 0 107,000.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -25,221,000.00 -18,594,000.00 -16,792,000.00 -14,955,000.00 -14,292,000.00
Liabilities 15,396,000.00 10,500,000.00 10,370,000.00 10,150,000.00 11,058,000.00
   Current Liabilities 6,145,000.00 4,459,000.00 4,493,000.00 3,991,000.00 4,293,000.00
      Payables and Expenses 2,184,000.00 1,591,000.00 1,686,000.00 1,282,000.00 1,059,000.00
            Account Payables 186,000.00 207,000.00 221,000.00 200,000.00 108,000.00
            Current Accrued Liabilities 1,998,000.00 1,384,000.00 1,465,000.00 1,082,000.00 951,000.00
      Short-Term Debt 657,000.00 511,000.00 504,000.00 634,000.00 1,428,000.00
      Other Current Liabilities 3,304,000.00 2,357,000.00 2,303,000.00 2,075,000.00 1,806,000.00
   Non-Current Liabilities 9,251,000.00 6,041,000.00 5,877,000.00 6,159,000.00 6,765,000.00
      Long-Term Debt 5,736,000.00 3,307,000.00 3,276,000.00 3,452,000.00 3,625,000.00
      Other Non-Current Liabilities 3,515,000.00 2,734,000.00 2,601,000.00 2,707,000.00 3,140,000.00
Equity 4,372,000.00 4,113,000.00 3,816,000.00 3,801,000.00 2,988,000.00
   Shareholders Equity 4,372,000.00 4,113,000.00 3,816,000.00 3,801,000.00 2,988,000.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
      Share Premium 811,000.00 695,000.00 577,000.00 494,000.00 391,000.00
      Retained Earnings 4,930,000.00 4,535,000.00 4,300,000.00 4,242,000.00 3,764,000.00
      Treasury Shares 1,131,000.00 819,000.00 674,000.00 674,000.00 674,000.00
      Accumulated Other Comprehensive Income -239,000.00 -306,000.00 -753,000.00 -245,000.00 -515,000.00
   Minority Interest 0 0 0 0 0
Investments 1,274,000.00 1,510,000.00 2,079,000.00 2,646,000.00 1,976,000.00
Debt 6,393,000.00 3,818,000.00 3,780,000.00 4,086,000.00 5,053,000.00
Net Debt 3,889,000.00 2,027,000.00 1,363,000.00 970,000.00 1,707,000.00
Common Shares Outstanding 123,119.20 252,180.35 127,533.92 125,905.86 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 11,735,000.00 10,426,000.00 9,646,000.00 6,176,000.00 3,566,000.00
Cost Of Revenue 2,500,000.00 8,813,000.00 8,800,000.00 4,693,000.00 2,893,000.00
Gross Profit 9,235,000.00 1,613,000.00 846,000.00 1,483,000.00 673,000.00
Operating Expenses 8,665,000.00 1,219,000.00 776,000.00 798,000.00 2,448,000.00
   Selling, General and Administrative Expenses 971,000.00 303,000.00 295,000.00 173,000.00 101,000.00
   Other Operating Expenses 7,694,000.00 916,000.00 481,000.00 625,000.00 2,347,000.00
Operating Income 570,000.00 394,000.00 70,000.00 685,000.00 -1,775,000.00
Net Non-Operating Income 1,608,000.00 1,034,000.00 823,000.00 230,000.00 -3,656,000.00
Interest Income 810,000.00 201,000.00 161,000.00 153,000.00 129,000.00
Interest Expense 469,000.00 121,000.00 108,000.00 128,000.00 98,000.00
Net Interest 341,000.00 80,000.00 53,000.00 25,000.00 31,000.00
EBT 2,178,000.00 1,428,000.00 893,000.00 915,000.00 -5,431,000.00
Income Tax 150,000.00 88,000.00 21,000.00 151,000.00 516,000.00
Net Income 395,000.00 235,000.00 58,000.00 478,000.00 -1,324,000.00
EBIT 2,647,000.00 1,549,000.00 1,001,000.00 1,043,000.00 -5,333,000.00
Deprecation and Amortization 1,635,000.00 451,000.00 415,000.00 394,000.00 420,000.00
EBITDA 4,282,000.00 2,000,000.00 1,416,000.00 1,437,000.00 -4,913,000.00
EPS 0.00 0.00 0.00 0.00 -0.01
Diluted EPS 0.00 0.00 0.00 0.00 -0.01
Average Shares Outstanding Basic 126,136.00 127,375.00 126,657.00 125,063.00 123,450.00
Average Shares Outstanding Diluted 128,372.00 128,708.00 127,899.00 126,775.00 123,450.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,464,000.00 1,050,000.00 1,418,000.00 1,030,000.00 -234,000.00
   Operating Net Income 395,000.00 235,000.00 58,000.00 478,000.00 -1,324,000.00
   Deprecation and Amortization 1,635,000.00 451,000.00 415,000.00 394,000.00 420,000.00
   Deferred Income Tax 129,000.00 95,000.00 35,000.00 95,000.00 -293,000.00
   Share Based Compensation 63,000.00 85,000.00 42,000.00 51,000.00 24,000.00
   Change in Working Capital 172,000.00 -81,000.00 179,000.00 33,000.00 921,000.00
   Other Operating Activities -930,000.00 265,000.00 689,000.00 -21,000.00 18,000.00
Investing Cash Flow -634,000.00 -964,000.00 -1,218,000.00 -1,008,000.00 -593,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 464,000.00 1,965,000.00 3,745,000.00 810,000.00 833,000.00
   Net Purchase/Sale of Investments Net 2,378,000.00 1,806,000.00 4,055,000.00 7,908,000.00 5,302,000.00
   Net Purchase/Sale of Business 659,000.00 0 0 0 0
   Other Investing Activities -4,135,000.00 -4,735,000.00 -9,018,000.00 -9,726,000.00 -6,728,000.00
Financing Cash Flow 119,000.00 -147,000.00 -325,000.00 -914,000.00 1,981,000.00
   Net Issuance/Repayment of Debt 4,225,000.00 975,000.00 385,000.00 1,697,000.00 3,129,000.00
   Net Issuance/Repurchase of Equity 312,000.00 137,000.00 0 0 31,000.00
   Dividends Paid 0 0 0 0 45,000.00
   Other Financing Activities -4,418,000.00 -1,259,000.00 -710,000.00 -2,611,000.00 -1,224,000.00
Net Change in Cash 949,000.00 -61,000.00 -125,000.00 -892,000.00 1,154,000.00
   Cash at Beginning of Period 308,000.00 369,000.00 494,000.00 1,386,000.00 232,000.00
   Cash at End of Period 1,257,000.00 308,000.00 369,000.00 494,000.00 1,386,000.00
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 20,012,000.00 19,885,000.00 19,818,000.00 19,768,000.00 19,559,000.00 15,342,000.00 14,813,000.00 14,613,000.00 15,165,000.00 14,829,000.00 14,296,000.00 14,186,000.00 14,531,000.00 14,800,000.00 14,210,000.00 13,951,000.00 13,882,000.00 14,656,000.00 14,262,000.00 14,046,000.00
   Current Assets 3,466,000.00 3,507,000.00 3,721,000.00 3,760,000.00 3,737,000.00 3,376,000.00 3,129,000.00 2,705,000.00 3,644,000.00 3,244,000.00 3,099,000.00 3,040,000.00 3,810,000.00 4,232,000.00 3,974,000.00 3,920,000.00 4,001,000.00 4,771,000.00 4,284,000.00 4,006,000.00
      Cash and Short-Term Investments 2,300,000.00 2,152,000.00 2,492,000.00 2,504,000.00 2,532,000.00 2,509,000.00 2,278,000.00 1,791,000.00 2,451,000.00 2,442,000.00 2,429,000.00 2,417,000.00 3,150,000.00 3,425,000.00 2,890,000.00 3,116,000.00 3,195,000.00 3,951,000.00 3,549,000.00 3,346,000.00
            Cash and Cash Equivalents 778,000.00 750,000.00 1,044,000.00 1,201,000.00 1,069,000.00 1,132,000.00 913,000.00 281,000.00 674,000.00 536,000.00 516,000.00 338,000.00 688,000.00 778,000.00 628,000.00 470,000.00 495,000.00 1,025,000.00 1,076,000.00 1,370,000.00
            Short-Term Investments 1,494,000.00 1,374,000.00 1,420,000.00 1,274,000.00 1,490,000.00 1,394,000.00 1,393,000.00 1,510,000.00 1,804,000.00 1,906,000.00 1,913,000.00 2,079,000.00 2,462,000.00 2,647,000.00 2,262,000.00 2,646,000.00 2,700,000.00 2,926,000.00 2,473,000.00 16,000.00
      Net Receivables 763,000.00 1,043,000.00 680,000.00 676,000.00 510,000.00 370,000.00 384,000.00 485,000.00 341,000.00 447,000.00 434,000.00 379,000.00 425,000.00 477,000.00 766,000.00 608,000.00 593,000.00 628,000.00 569,000.00 528,000.00
      Inventory 229,000.00 218,000.00 206,000.00 199,000.00 202,000.00 106,000.00 104,000.00 116,000.00 122,000.00 107,000.00 105,000.00 104,000.00 94,000.00 93,000.00 78,000.00 62,000.00 62,000.00 52,000.00 57,000.00 57,000.00
      Other Current Assets 174,000.00 94,000.00 343,000.00 381,000.00 493,000.00 391,000.00 363,000.00 313,000.00 730,000.00 248,000.00 131,000.00 140,000.00 141,000.00 237,000.00 240,000.00 134,000.00 151,000.00 140,000.00 109,000.00 75,000.00
   Non-Current Assets 16,546,000.00 16,378,000.00 16,097,000.00 16,008,000.00 15,822,000.00 11,966,000.00 11,684,000.00 11,908,000.00 11,521,000.00 11,585,000.00 11,197,000.00 11,146,000.00 10,721,000.00 10,568,000.00 10,236,000.00 10,031,000.00 9,881,000.00 9,885,000.00 9,978,000.00 10,040,000.00
      Property, Plant, Equipment Net 35,749,000.00 35,434,000.00 34,542,000.00 34,127,000.00 16,416,000.00 14,200,000.00 13,807,000.00 28,469,000.00 13,480,000.00 27,396,000.00 26,055,000.00 25,900,000.00 24,594,000.00 23,987,000.00 23,182,000.00 22,942,000.00 22,616,000.00 22,470,000.00 22,350,000.00 22,282,000.00
      Goodwill 2,723,000.00 2,724,000.00 2,724,000.00 6,229,000.00 2,703,000.00 2,033,000.00 2,033,000.00 2,033,000.00 2,034,000.00 2,036,000.00 2,037,000.00 2,038,000.00 2,040,000.00 2,041,000.00 2,042,000.00 2,044,000.00 1,943,000.00 1,943,000.00 1,943,000.00 1,943,000.00
      Intangible Assets 829,000.00 844,000.00 859,000.00 873,000.00 888,000.00 0 0 0 0 0 0 0 0 0 0 0 102,000.00 103,000.00 105,000.00 107,000.00
      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 -22,755,000.00 -22,624,000.00 -22,028,000.00 -25,221,000.00 -4,185,000.00 -4,267,000.00 -4,156,000.00 -18,594,000.00 -3,993,000.00 -17,847,000.00 -16,895,000.00 -16,792,000.00 -15,913,000.00 -15,460,000.00 -14,988,000.00 -14,955,000.00 -14,780,000.00 -14,631,000.00 -14,420,000.00 -14,292,000.00
Liabilities 15,983,000.00 15,943,000.00 15,681,000.00 15,396,000.00 15,080,000.00 11,116,000.00 10,836,000.00 10,500,000.00 11,072,000.00 10,878,000.00 10,607,000.00 10,370,000.00 10,705,000.00 11,001,000.00 10,573,000.00 10,150,000.00 10,351,000.00 11,332,000.00 11,387,000.00 11,058,000.00
   Current Liabilities 6,659,000.00 6,709,000.00 6,700,000.00 6,145,000.00 6,248,000.00 4,968,000.00 4,829,000.00 4,459,000.00 5,074,000.00 5,176,000.00 4,857,000.00 4,493,000.00 4,709,000.00 4,902,000.00 4,570,000.00 3,991,000.00 4,024,000.00 4,846,000.00 4,762,000.00 4,293,000.00
      Payables and Expenses 2,140,000.00 2,033,000.00 2,028,000.00 2,184,000.00 1,200,000.00 1,055,000.00 972,000.00 1,591,000.00 1,035,000.00 1,546,000.00 1,545,000.00 1,686,000.00 1,590,000.00 1,496,000.00 1,325,000.00 1,282,000.00 1,210,000.00 1,259,000.00 1,130,000.00 1,059,000.00
            Account Payables 322,000.00 240,000.00 237,000.00 186,000.00 242,000.00 203,000.00 181,000.00 207,000.00 229,000.00 212,000.00 206,000.00 221,000.00 202,000.00 286,000.00 299,000.00 200,000.00 181,000.00 159,000.00 133,000.00 108,000.00
            Current Accrued Liabilities 1,818,000.00 1,793,000.00 1,791,000.00 1,998,000.00 958,000.00 852,000.00 791,000.00 1,384,000.00 806,000.00 1,334,000.00 1,339,000.00 1,465,000.00 1,388,000.00 1,210,000.00 1,026,000.00 1,082,000.00 1,029,000.00 1,100,000.00 997,000.00 951,000.00
      Short-Term Debt 744,000.00 725,000.00 741,000.00 657,000.00 523,000.00 359,000.00 301,000.00 511,000.00 736,000.00 849,000.00 481,000.00 504,000.00 584,000.00 616,000.00 564,000.00 634,000.00 685,000.00 1,132,000.00 1,517,000.00 1,428,000.00
      Other Current Liabilities 3,775,000.00 3,951,000.00 3,931,000.00 3,304,000.00 4,525,000.00 3,554,000.00 3,556,000.00 2,357,000.00 3,303,000.00 2,781,000.00 2,831,000.00 2,303,000.00 2,535,000.00 2,790,000.00 2,681,000.00 2,075,000.00 2,129,000.00 2,455,000.00 2,115,000.00 1,806,000.00
   Non-Current Liabilities 9,324,000.00 9,234,000.00 8,981,000.00 9,251,000.00 8,832,000.00 6,148,000.00 6,007,000.00 6,041,000.00 5,998,000.00 5,702,000.00 5,750,000.00 5,877,000.00 5,996,000.00 6,099,000.00 6,003,000.00 6,159,000.00 6,327,000.00 6,486,000.00 6,625,000.00 6,765,000.00
      Long-Term Debt 5,727,000.00 5,648,000.00 5,535,000.00 5,736,000.00 4,159,000.00 2,313,000.00 2,264,000.00 3,307,000.00 2,128,000.00 3,037,000.00 3,250,000.00 3,276,000.00 3,371,000.00 3,466,000.00 3,435,000.00 3,452,000.00 3,431,000.00 3,541,000.00 3,608,000.00 3,625,000.00
      Other Non-Current Liabilities 3,597,000.00 3,586,000.00 3,446,000.00 3,515,000.00 4,673,000.00 3,835,000.00 3,743,000.00 2,734,000.00 3,870,000.00 2,665,000.00 2,500,000.00 2,601,000.00 2,625,000.00 2,633,000.00 2,568,000.00 2,707,000.00 2,896,000.00 2,945,000.00 3,017,000.00 3,140,000.00
Equity 4,029,000.00 3,942,000.00 4,137,000.00 4,372,000.00 4,479,000.00 4,226,000.00 3,977,000.00 4,113,000.00 4,093,000.00 3,951,000.00 3,689,000.00 3,816,000.00 3,826,000.00 3,799,000.00 3,637,000.00 3,801,000.00 3,531,000.00 3,324,000.00 2,875,000.00 2,988,000.00
   Shareholders Equity 4,029,000.00 3,942,000.00 4,137,000.00 4,372,000.00 4,479,000.00 4,226,000.00 3,977,000.00 4,113,000.00 4,093,000.00 3,951,000.00 3,689,000.00 3,816,000.00 3,826,000.00 3,799,000.00 3,637,000.00 3,801,000.00 3,531,000.00 3,324,000.00 2,875,000.00 2,988,000.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
      Share Premium 913,000.00 899,000.00 844,000.00 811,000.00 769,000.00 757,000.00 707,000.00 695,000.00 659,000.00 648,000.00 587,000.00 577,000.00 549,000.00 542,000.00 503,000.00 494,000.00 462,000.00 454,000.00 409,000.00 391,000.00
      Retained Earnings 5,009,000.00 4,936,000.00 4,764,000.00 4,930,000.00 4,859,000.00 4,623,000.00 4,403,000.00 4,535,000.00 4,537,000.00 4,398,000.00 4,158,000.00 4,300,000.00 4,278,000.00 4,238,000.00 4,099,000.00 4,242,000.00 4,224,000.00 4,030,000.00 3,633,000.00 3,764,000.00
      Treasury Shares 1,671,000.00 1,666,000.00 1,238,000.00 1,131,000.00 882,000.00 868,000.00 840,000.00 819,000.00 744,000.00 731,000.00 692,000.00 674,000.00 674,000.00 674,000.00 674,000.00 674,000.00 674,000.00 674,000.00 674,000.00 674,000.00
      Accumulated Other Comprehensive Income -223,000.00 -228,000.00 -234,000.00 -239,000.00 -268,000.00 -287,000.00 -294,000.00 -306,000.00 -360,000.00 -730,000.00 -730,000.00 -753,000.00 -328,000.00 -308,000.00 -292,000.00 -245,000.00 -482,000.00 -487,000.00 -494,000.00 -515,000.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1,494,000.00 1,374,000.00 1,420,000.00 1,274,000.00 1,490,000.00 1,394,000.00 1,393,000.00 1,510,000.00 1,804,000.00 1,906,000.00 1,913,000.00 2,079,000.00 2,462,000.00 2,647,000.00 2,262,000.00 2,646,000.00 2,700,000.00 2,926,000.00 2,473,000.00 1,976,000.00
Debt 6,471,000.00 6,373,000.00 6,276,000.00 6,393,000.00 4,625,000.00 2,672,000.00 2,565,000.00 3,818,000.00 2,412,000.00 3,886,000.00 3,731,000.00 3,780,000.00 3,955,000.00 4,082,000.00 3,999,000.00 4,086,000.00 4,116,000.00 4,673,000.00 5,125,000.00 5,053,000.00
Net Debt 4,171,000.00 4,221,000.00 3,784,000.00 3,889,000.00 2,093,000.00 163,000.00 287,000.00 2,027,000.00 0 1,444,000.00 1,302,000.00 1,363,000.00 805,000.00 657,000.00 1,109,000.00 970,000.00 921,000.00 722,000.00 1,576,000.00 1,707,000.00
Common Shares Outstanding 115,232.54 115,276.01 122,884.52 123,119.20 126,125.77 126,475.29 125,705.96 252,180.35 127,120.17 127,348.34 127,243.45 127,533.92 126,834.10 126,759.71 126,087.86 125,905.86 125,305.29 125,229.46 124,442.10 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
Revenues 10,607,000.00 6,841,000.00 3,137,000.00 -3,827,000.00 8,201,000.00 5,129,000.00 2,232,000.00 -4,677,000.00 7,873,000.00 5,034,000.00 2,196,000.00 -3,541,000.00 7,167,000.00 4,339,000.00 1,681,000.00 -1,222,000.00 4,277,000.00 2,324,000.00 797,000.00
Cost Of Revenue 2,573,000.00 1,636,000.00 792,000.00 -9,517,000.00 6,108,000.00 3,989,000.00 1,920,000.00 -3,971,000.00 6,473,000.00 4,125,000.00 2,186,000.00 -3,008,000.00 6,593,000.00 3,856,000.00 1,359,000.00 -1,254,000.00 3,229,000.00 1,896,000.00 822,000.00
Gross Profit 8,034,000.00 5,205,000.00 2,345,000.00 5,690,000.00 2,093,000.00 1,140,000.00 312,000.00 -706,000.00 1,400,000.00 909,000.00 10,000.00 -533,000.00 574,000.00 483,000.00 322,000.00 32,000.00 1,048,000.00 428,000.00 -25,000.00
Operating Expenses 7,806,000.00 5,125,000.00 2,542,000.00 5,607,000.00 1,596,000.00 984,000.00 478,000.00 -773,000.00 1,038,000.00 758,000.00 196,000.00 -773,000.00 527,000.00 498,000.00 524,000.00 220,000.00 402,000.00 40,000.00 136,000.00
   Selling, General and Administrative Expenses 1,078,000.00 704,000.00 346,000.00 156,000.00 440,000.00 254,000.00 121,000.00 -441,000.00 380,000.00 251,000.00 113,000.00 -385,000.00 358,000.00 228,000.00 94,000.00 -233,000.00 232,000.00 141,000.00 33,000.00
   Other Operating Expenses 6,728,000.00 4,421,000.00 2,196,000.00 5,451,000.00 1,156,000.00 730,000.00 357,000.00 -332,000.00 658,000.00 507,000.00 83,000.00 -388,000.00 169,000.00 270,000.00 430,000.00 453,000.00 170,000.00 -101,000.00 103,000.00
Operating Income 228,000.00 80,000.00 -197,000.00 83,000.00 497,000.00 156,000.00 -166,000.00 67,000.00 362,000.00 151,000.00 -186,000.00 240,000.00 47,000.00 -15,000.00 -202,000.00 -188,000.00 646,000.00 388,000.00 -161,000.00
Net Non-Operating Income 494,000.00 202,000.00 -329,000.00 1,669,000.00 -31,000.00 -18,000.00 -12,000.00 1,115,000.00 -43,000.00 -25,000.00 -13,000.00 836,000.00 -3,000.00 -6,000.00 -4,000.00 1,341,000.00 -46,000.00 -303,000.00 -762,000.00
Interest Income 1,021,000.00 666,000.00 340,000.00 810,000.00 0 0 0 201,000.00 0 0 0 161,000.00 0 0 0 -10,000.00 0 110,000.00 53,000.00
Interest Expense 682,000.00 442,000.00 222,000.00 469,000.00 0.00 0.00 0.00 121,000.00 0.00 0.00 0.00 108,000.00 0.00 0.00 0.00 25,000.00 0.00 71,000.00 32,000.00
Net Interest 339,000.00 224,000.00 118,000.00 214,000.00 69,000.00 41,000.00 17,000.00 -38,000.00 62,000.00 39,000.00 17,000.00 -7,000.00 35,000.00 18,000.00 7,000.00 -92,000.00 57,000.00 39,000.00 21,000.00
EBT 722,000.00 282,000.00 -526,000.00 1,752,000.00 466,000.00 138,000.00 -178,000.00 1,182,000.00 319,000.00 126,000.00 -199,000.00 1,076,000.00 44,000.00 -21,000.00 -206,000.00 1,153,000.00 600,000.00 85,000.00 -923,000.00
Income Tax 37,000.00 1,000.00 67,000.00 -88,000.00 142,000.00 50,000.00 46,000.00 -79,000.00 82,000.00 28,000.00 57,000.00 -67,000.00 8,000.00 17,000.00 63,000.00 -120,000.00 140,000.00 89,000.00 42,000.00
Net Income 79,000.00 6,000.00 -166,000.00 115,000.00 324,000.00 88,000.00 -132,000.00 42,000.00 237,000.00 98,000.00 -142,000.00 169,000.00 36,000.00 -4,000.00 -143,000.00 -117,000.00 460,000.00 266,000.00 -131,000.00
EBIT 1,404,000.00 724,000.00 -304,000.00 2,221,000.00 466,000.00 138,000.00 -178,000.00 1,303,000.00 319,000.00 126,000.00 -199,000.00 1,184,000.00 44,000.00 -21,000.00 -206,000.00 1,178,000.00 600,000.00 156,000.00 -891,000.00
Deprecation and Amortization 1,696,000.00 1,121,000.00 552,000.00 862,000.00 393,000.00 254,000.00 126,000.00 -200,000.00 330,000.00 217,000.00 104,000.00 -203,000.00 310,000.00 206,000.00 102,000.00 -192,000.00 294,000.00 195,000.00 97,000.00
EBITDA 3,100,000.00 1,845,000.00 248,000.00 3,083,000.00 859,000.00 392,000.00 -52,000.00 1,103,000.00 649,000.00 343,000.00 -95,000.00 981,000.00 354,000.00 185,000.00 -104,000.00 986,000.00 894,000.00 351,000.00 -794,000.00
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 119,061.00 120,979.00 123,134.00 126,256.00 126,165.00 126,153.00 125,970.00 127,154.00 127,375.00 127,470.00 127,501.00 127,939.00 126,440.00 126,265.00 125,984.00 126,467.00 124,846.00 124,640.00 124,299.00
Average Shares Outstanding Diluted 121,193.00 123,183.00 123,134.00 131,314.00 128,347.00 127,857.00 125,970.00 129,386.00 129,085.00 128,860.00 127,501.00 131,260.00 128,087.00 126,265.00 125,984.00 130,088.00 126,325.00 126,388.00 124,299.00
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 1,064,000.00 835,000.00 459,000.00 -890,000.00 1,190,000.00 872,000.00 292,000.00 -1,107,000.00 1,103,000.00 832,000.00 222,000.00 -1,513,000.00 1,409,000.00 1,235,000.00 287,000.00 -1,045,000.00 901,000.00 1,007,000.00 167,000.00
   Operating Net Income 79,000.00 6,000.00 -166,000.00 115,000.00 324,000.00 88,000.00 -132,000.00 42,000.00 237,000.00 98,000.00 -142,000.00 169,000.00 36,000.00 -4,000.00 -143,000.00 -117,000.00 460,000.00 266,000.00 -131,000.00
   Deprecation and Amortization 1,696,000.00 1,121,000.00 552,000.00 862,000.00 393,000.00 254,000.00 126,000.00 -200,000.00 330,000.00 217,000.00 104,000.00 -203,000.00 310,000.00 206,000.00 102,000.00 -192,000.00 294,000.00 195,000.00 97,000.00
   Deferred Income Tax 0 0 0 129,000.00 0 0 0 95,000.00 0 0 0 35,000.00 0 0 0 95,000.00 0 0 0
   Share Based Compensation -9,000.00 10,000.00 20,000.00 -48,000.00 55,000.00 37,000.00 19,000.00 -67,000.00 73,000.00 56,000.00 23,000.00 -16,000.00 33,000.00 20,000.00 5,000.00 -20,000.00 35,000.00 24,000.00 12,000.00
   Change in Working Capital 392,000.00 801,000.00 626,000.00 -1,153,000.00 239,000.00 486,000.00 600,000.00 -1,398,000.00 236,000.00 502,000.00 579,000.00 -1,858,000.00 486,000.00 827,000.00 724,000.00 -970,000.00 130,000.00 562,000.00 311,000.00
   Other Operating Activities -1,094,000.00 -1,103,000.00 -573,000.00 -795,000.00 179,000.00 7,000.00 -321,000.00 421,000.00 227,000.00 -41,000.00 -342,000.00 360,000.00 544,000.00 186,000.00 -401,000.00 159,000.00 -18,000.00 -40,000.00 -122,000.00
Investing Cash Flow -996,000.00 -747,000.00 -381,000.00 -381,000.00 -436,000.00 -135,000.00 318,000.00 265,000.00 -810,000.00 -479,000.00 60,000.00 352,000.00 -888,000.00 -721,000.00 39,000.00 1,548,000.00 -943,000.00 -1,070,000.00 -543,000.00
   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 363,000.00 218,000.00 96,000.00 -208,000.00 320,000.00 207,000.00 145,000.00 -400,000.00 1,313,000.00 854,000.00 198,000.00 1,415,000.00 1,206,000.00 755,000.00 369,000.00 257,000.00 328,000.00 174,000.00 51,000.00
   Net Purchase/Sale of Investments Net 2,127,000.00 1,536,000.00 815,000.00 513,000.00 1,393,000.00 419,000.00 53,000.00 -1,210,000.00 1,431,000.00 993,000.00 592,000.00 -3,516,000.00 3,403,000.00 2,735,000.00 1,433,000.00 -4,243,000.00 6,091,000.00 4,080,000.00 1,980,000.00
   Net Purchase/Sale of Business 0 0 0 0.00 659,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -3,486,000.00 -2,501,000.00 -1,292,000.00 -686,000.00 -2,808,000.00 -761,000.00 120,000.00 1,875,000.00 -3,554,000.00 -2,326,000.00 -730,000.00 2,453,000.00 -5,497,000.00 -4,211,000.00 -1,763,000.00 5,534,000.00 -7,362,000.00 -5,324,000.00 -2,574,000.00
Financing Cash Flow -490,000.00 -544,000.00 -236,000.00 30,000.00 7,000.00 87,000.00 -5,000.00 120,000.00 12,000.00 -165,000.00 -114,000.00 345,000.00 -296,000.00 -206,000.00 -168,000.00 110,000.00 -825,000.00 -281,000.00 82,000.00
   Net Issuance/Repayment of Debt 389,000.00 236,000.00 156,000.00 3,397,000.00 577,000.00 149,000.00 102,000.00 488,000.00 242,000.00 149,000.00 96,000.00 -357,000.00 333,000.00 239,000.00 170,000.00 -746,000.00 1,647,000.00 681,000.00 115,000.00
   Net Issuance/Repurchase of Equity 540,000.00 535,000.00 105,000.00 180,000.00 63,000.00 49,000.00 20,000.00 -8,000.00 70,000.00 57,000.00 18,000.00 0 0 0 0 0 0 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -1,419,000.00 -1,315,000.00 -497,000.00 -3,547,000.00 -633,000.00 -111,000.00 -127,000.00 -360,000.00 -300,000.00 -371,000.00 -228,000.00 702,000.00 -629,000.00 -445,000.00 -338,000.00 856,000.00 -2,472,000.00 -962,000.00 -33,000.00
Net Change in Cash -422,000.00 -456,000.00 -158,000.00 -1,241,000.00 761,000.00 824,000.00 605,000.00 -722,000.00 305,000.00 188,000.00 168,000.00 -816,000.00 225,000.00 308,000.00 158,000.00 613,000.00 -867,000.00 -344,000.00 -294,000.00
   Cash at Beginning of Period 1,257,000.00 1,257,000.00 1,257,000.00 2,498,000.00 308,000.00 308,000.00 308,000.00 1,030,000.00 369,000.00 369,000.00 369,000.00 1,185,000.00 494,000.00 494,000.00 494,000.00 -119,000.00 1,386,000.00 1,386,000.00 1,386,000.00
   Cash at End of Period 835,000.00 801,000.00 1,099,000.00 1,257,000.00 1,069,000.00 1,132,000.00 913,000.00 308,000.00 674,000.00 557,000.00 537,000.00 369,000.00 719,000.00 802,000.00 652,000.00 494,000.00 519,000.00 1,042,000.00 1,092,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0