Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -89.46 -36.19 -22.80 -27.48
Price to Sales 10.87 8.61 6.50 8.50
Book Value Per Common Share 3.50 3.36 3.63 3.83
Price to Book 10.49 7.22 4.02 5.24
Price to Operating Cash Flow 195.00 -130.38 -35.11 -44.69
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
Price to Earnings -70.97 -143.52 -328.13 -92.76 -118.67 -204.75 -33.74 -44.30 -70.33 -25.51 -37.54 -95.40 -41.13 -63.70
Price to Sales 7.96 14.78 27.48 12.68 17.55 31.29 8.80 12.10 19.50 9.18 13.18 28.82 12.67 20.60
Book Value Per Common Share 3.33 3.31 3.24 3.50 3.37 3.31 3.31 3.36 3.37 3.42 3.53 3.63 3.58 3.69 3.78 3.83 3.92 4.03 -81.10
Price to Book 7.45 9.12 8.10 10.49 9.36 8.62 7.42 7.22 5.40 4.79 3.58 4.02 4.20 3.77 3.78 5.24 6.30 8.85
Price to Operating Cash Flow 97.64 -688.13 -474.68 247.96 1849.35 2507.14 -139.62 -99.33 -121.61 -56.77 -64.88 -155.71 -82.74 -117.26
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 26.06 29.65 34.25
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
Earning YoY
Revenue YoY 53.81 114.54 54.27 107.92 53.84 109.61 56.03 112.82 56.83 110.34
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 1.17 0.98 2.16 4.78
Quick Ratio 3.39 3.24 5.35 9.92
Current Ratio 3.98 3.77 5.82 10.40
Debt to Equity 0.22 0.23 0.46 0.27
Long-Term Debt to Equity 0.10 0.11 0.34 0.17
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 2.18 2.19 2.24 1.13 1.85 0.90 0.90 0.95 1.91 1.90 2.01 2.13 2.30 2.36 3.32 3.43 5.58 8.38 29.02
Quick Ratio 3.42 4.12 4.37 3.39 4.65 3.12 3.31 3.24 4.26 4.91 5.08 5.35 5.87 6.43 9.28 9.92 9.27 11.98 6.12
Current Ratio 2.17 2.68 2.75 3.98 3.52 3.75 3.92 3.77 4.73 5.44 5.62 5.82 6.38 6.97 9.78 10.40 9.72 12.46 6.64
Debt to Equity 1.39 1.44 1.51 0.22 0.25 0.23 0.23 0.23 0.50 0.47 0.47 0.46 0.48 0.46 0.26 0.27 0.28 0.21 0.46
Long-Term Debt to Equity 1.16 1.25 1.32 0.10 0.11 0.11 0.12 0.11 0.35 0.34 0.34 0.34 0.36 0.35 0.16 0.17 0.17 0.13 0.29

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -9.34 -15.74 -11.99 -10.73
ROE -11.44 -19.36 -17.54 -13.59
Gross Margin 58.90 54.42 53.03 55.08
Operating Margin -12.00 -20.95 -27.02
EBITDA Margin -8.85 -16.94 -23.07
Net Profit Margin -12.23 -23.76 -28.69 -30.77
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 -4.34 -2.55 -0.93 -7.86 -5.88 -2.88 -10.41 -7.34 -3.52 -11.06 -6.85 -3.11 -7.58 -5.24 -4.39
ROE -10.34 -6.22 -2.34 -9.81 -7.26 -3.54 -15.61 -10.77 -5.17 -16.37 -10.03 -3.92 -9.69 -6.34 -6.41
Gross Margin 58.08 58.78 59.04 58.73 58.63 57.84 53.84 53.76 53.57 53.55 54.64 55.39 55.28 54.72 53.41
Operating Margin -12.65 -13.82 -14.62 -13.31 -14.68 -14.67 -22.93 -24.54 -25.02 -34.47 -33.91 -29.09 -29.68 -30.94 -31.78
EBITDA Margin -6.75 -8.49 -11.11 -10.10 -11.41 -11.31 -18.88 -20.44 -20.71 -30.77 -30.80 -26.82 -27.51 -28.68 -29.41
Net Profit Margin -11.22 -10.20 -7.99 -13.59 -15.00 -15.02 -25.95 -27.61 -28.27 -36.10 -35.29 -29.93 -30.51 -31.81 -32.71

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
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
Assets 437,277.00 399,825.00 488,885.00 436,510.00
   Current Assets 181,377.00 148,585.00 242,165.00 345,161.00
      Cash and Short-Term Investments 115,734.00 92,123.00 196,355.00 308,581.00
            Cash and Cash Equivalents 94,359.00 40,927.00 108,720.00 308,581.00
            Short-Term Investments 21,375.00 51,196.00 87,635.00 0
      Net Receivables 38,739.00 35,499.00 26,246.00 20,821.00
      Inventory 0 0 0 0
      Other Current Assets 26,904.00 20,963.00 19,564.00 15,759.00
   Non-Current Assets 255,900.00 251,240.00 246,720.00 91,349.00
      Property, Plant, Equipment Net 36,640.00 32,700.00 28,231.00 11,828.00
      Goodwill 148,050.00 148,050.00 247,943.00 79,640.00
      Intangible Assets 29,021.00 35,807.00 42,593.00 11,164.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 42,189.00 34,683.00 -72,047.00 -11,283.00
Liabilities 80,247.00 74,884.00 154,839.00 91,899.00
   Current Liabilities 45,570.00 39,430.00 41,614.00 33,198.00
      Payables and Expenses 30,649.00 27,541.00 25,934.00 22,732.00
            Account Payables 6,129.00 7,778.00 4,291.00 3,649.00
            Current Accrued Liabilities 24,520.00 19,763.00 21,643.00 19,083.00
      Short-Term Debt 1,343.00 1,205.00 6,845.00 1,563.00
      Other Current Liabilities 13,578.00 10,684.00 8,835.00 8,903.00
   Non-Current Liabilities 34,677.00 35,454.00 113,225.00 58,701.00
      Long-Term Debt 17,109.00 18,052.00 97,209.00 23,053.00
      Other Non-Current Liabilities 17,568.00 17,402.00 16,016.00 35,648.00
Equity 357,030.00 324,941.00 334,046.00 344,611.00
   Shareholders Equity 357,030.00 324,941.00 334,046.00 344,611.00
      Capital Stock 102.00 97.00 92.00 90.00
      Share Premium 833,129.00 760,210.00 706,407.00 658,374.00
      Retained Earnings -476,201.00 -435,366.00 -372,453.00 -313,853.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Investments 21,375.00 51,196.00 87,635.00 100.00
Debt 18,452.00 19,257.00 104,054.00 24,616.00
Common Shares Outstanding 102,088.78 96,722.10 92,112.75 89,954.66
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 333,849.00 264,831.00 204,270.00 152,159.00
Cost Of Revenue 137,219.00 120,720.00 95,946.00 68,352.00
Gross Profit 196,630.00 144,111.00 108,324.00 83,807.00
Operating Expenses 241,256.00 207,816.00 166,013.00 126,723.00
   Selling, General and Administrative Expenses 143,415.00 121,457.00 108,058.00 77,923.00
   Research and Development Expenses 96,211.00 84,661.00 69,329.00 48,800.00
   Other Operating Expenses 1,630.00 1,698.00 -11,374.00 0.00
Operating Income -44,626.00 -63,705.00 -57,689.00 -42,916.00
Net Non-Operating Income 4,099.00 836.00 -1,372.00 0
Interest Income 5,021.00 15,479.00 6,564.00 1,673.00
Interest Expense 461.00 7,384.00 3,868.00 1,186.00
Net Interest 4,560.00 8,095.00 2,696.00 487.00
EBT -40,527.00 -62,869.00 -59,061.00 0
Income Tax 308.00 44.00 461.00 172.00
Net Income -40,835.00 -62,913.00 -58,600.00 -46,822.00
EBIT -40,066.00 -55,485.00 -55,193.00 0
Deprecation and Amortization 10,508.00 10,631.00 8,075.00 3,443.00
EBITDA -29,558.00 -44,854.00 -47,118.00 0
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 98,892.69 94,080.80 90,956.52 64,510.46
Average Shares Outstanding Diluted 98,892.69 94,080.80 90,956.52 64,510.46
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 18,597.00 -17,502.00 -37,788.00 -28,959.00
   Operating Net Income -40,835.00 -62,913.00 -58,600.00 -46,822.00
   Deprecation and Amortization 10,508.00 10,631.00 8,075.00 3,443.00
   Deferred Income Tax 109.00 -32.00 -690.00 85.00
   Share Based Compensation 59,437.00 51,231.00 45,395.00 14,535.00
   Change in Working Capital 13,270.00 12,548.00 6,371.00 19,027.00
   Other Operating Activities -23,892.00 -28,967.00 -38,339.00 -19,227.00
Investing Cash Flow 23,041.00 33,911.00 -224,008.00 -22,023.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 7,855.00 6,292.00 4,702.00 3,697.00
   Net Purchase/Sale of Investments Net 111,728.00 321,835.00 286,967.00 0
   Net Purchase/Sale of Business 0 0 131,839.00 18,326.00
   Other Investing Activities -96,542.00 -294,216.00 -647,516.00 -44,046.00
Financing Cash Flow 11,794.00 -87,819.00 61,179.00 192,273.00
   Net Issuance/Repayment of Debt 0 85,000.00 109,688.00 313.00
   Net Issuance/Repurchase of Equity 24,977.00 17,107.00 5,305.00 209,069.00
   Dividends Paid 0 0 0 4,969.00
   Other Financing Activities -13,183.00 -189,926.00 -53,814.00 -22,078.00
Net Change in Cash 53,432.00 -71,410.00 -200,617.00 141,291.00
   Cash at Beginning of Period 40,927.00 112,337.00 312,954.00 171,663.00
   Cash at End of Period 94,359.00 40,927.00 112,337.00 312,954.00
Free Cash Flow 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
Assets 835,175.00 840,389.00 837,161.00 437,277.00 422,193.00 403,857.00 397,642.00 399,825.00 482,193.00 472,928.00 482,064.00 488,885.00 485,285.00 491,110.00 430,903.00 436,510.00 441,792.00 424,742.00 248,019.00
   Current Assets 174,868.00 177,831.00 174,241.00 181,377.00 169,006.00 151,956.00 145,633.00 148,585.00 232,656.00 226,308.00 236,500.00 242,165.00 255,316.00 261,090.00 339,879.00 345,161.00 350,818.00 368,194.00 191,494.00
      Cash and Short-Term Investments 225,296.00 225,856.00 229,845.00 115,734.00 181,121.00 87,394.00 87,304.00 92,123.00 178,246.00 176,306.00 185,395.00 196,355.00 208,851.00 213,354.00 299,279.00 308,581.00 314,402.00 338,477.00 162,075.00
            Cash and Cash Equivalents 57,316.00 52,426.00 61,660.00 94,359.00 80,956.00 61,432.00 44,179.00 40,927.00 76,381.00 90,296.00 114,287.00 108,720.00 96,636.00 89,117.00 187,291.00 308,581.00 314,402.00 338,477.00 162,075.00
            Short-Term Investments 167,980.00 173,430.00 168,185.00 21,375.00 100,165.00 25,962.00 43,125.00 51,196.00 101,865.00 86,010.00 71,108.00 87,635.00 112,215.00 124,237.00 111,988.00 0 0 0 0
      Net Receivables 50,675.00 47,679.00 46,790.00 38,739.00 42,408.00 38,952.00 35,717.00 35,499.00 31,266.00 28,152.00 28,429.00 26,246.00 26,304.00 27,367.00 23,350.00 20,821.00 20,281.00 15,590.00 14,614.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -101,103.00 -95,704.00 -102,394.00 26,904.00 -54,523.00 25,610.00 22,612.00 20,963.00 23,144.00 21,850.00 22,676.00 19,564.00 20,161.00 20,369.00 17,250.00 15,759.00 16,135.00 14,127.00 14,805.00
   Non-Current Assets 660,307.00 662,558.00 662,920.00 255,900.00 253,187.00 251,901.00 252,009.00 251,240.00 249,537.00 246,620.00 245,564.00 246,720.00 229,969.00 230,020.00 91,024.00 91,349.00 90,974.00 56,548.00 56,525.00
      Property, Plant, Equipment Net 39,293.00 38,403.00 37,571.00 36,640.00 35,913.00 34,719.00 33,696.00 32,700.00 32,293.00 28,844.00 28,322.00 28,231.00 13,468.00 13,503.00 12,754.00 11,828.00 10,891.00 10,418.00 10,308.00
      Goodwill 658,758.00 659,577.00 400,158.00 148,050.00 148,050.00 148,050.00 148,050.00 148,050.00 148,050.00 148,050.00 248,009.00 247,943.00 243,981.00 147,402.00 48,091.00 79,640.00 48,391.00 16,542.00 16,542.00
      Intangible Assets 165,562.00 172,182.00 178,801.00 29,021.00 30,718.00 32,414.00 34,111.00 35,807.00 37,504.00 39,200.00 40,897.00 42,593.00 44,290.00 44,918.00 10,762.00 11,164.00 11,309.00 7,848.00 8,057.00
      Long-Term Investments 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
      Other Non-Current Assets -203,306.00 -207,604.00 46,390.00 42,189.00 38,506.00 36,718.00 36,152.00 34,683.00 31,690.00 30,526.00 -71,664.00 -72,047.00 -71,770.00 24,197.00 19,417.00 -11,283.00 20,383.00 21,740.00 21,618.00
Liabilities 485,059.00 496,373.00 503,117.00 80,247.00 83,689.00 76,673.00 74,735.00 74,884.00 160,539.00 150,404.00 153,937.00 154,839.00 157,411.00 155,565.00 88,788.00 91,899.00 96,274.00 73,484.00 78,408.00
   Current Liabilities 80,631.00 66,410.00 63,282.00 45,570.00 48,037.00 40,520.00 37,174.00 39,430.00 49,176.00 41,605.00 42,101.00 41,614.00 40,038.00 37,444.00 34,752.00 33,198.00 36,104.00 29,553.00 28,851.00
      Payables and Expenses 47,905.00 37,669.00 32,586.00 30,649.00 33,640.00 26,673.00 23,435.00 27,541.00 31,995.00 24,308.00 24,883.00 25,934.00 28,490.00 26,411.00 24,148.00 22,732.00 27,270.00 21,321.00 20,850.00
            Account Payables 7,261.00 6,704.00 5,180.00 6,129.00 5,591.00 5,794.00 6,533.00 7,778.00 5,693.00 1,046.00 3,163.00 4,291.00 3,214.00 3,787.00 2,963.00 3,649.00 2,538.00 2,575.00 4,725.00
            Current Accrued Liabilities 40,644.00 30,965.00 27,406.00 24,520.00 28,049.00 20,879.00 16,902.00 19,763.00 26,302.00 23,262.00 21,720.00 21,643.00 25,276.00 22,624.00 21,185.00 19,083.00 24,732.00 18,746.00 16,125.00
      Short-Term Debt 1,578.00 1,584.00 1,559.00 1,343.00 1,309.00 1,275.00 1,242.00 1,205.00 7,868.00 8,483.00 7,368.00 6,845.00 2,125.00 1,063.00 1,875.00 1,563.00 1,250.00 938.00 625.00
      Other Current Liabilities 31,148.00 27,157.00 29,137.00 13,578.00 13,088.00 12,572.00 12,497.00 10,684.00 9,313.00 8,814.00 9,850.00 8,835.00 9,423.00 9,970.00 8,729.00 8,903.00 7,584.00 7,294.00 7,376.00
   Non-Current Liabilities 404,428.00 429,963.00 439,835.00 34,677.00 35,652.00 36,153.00 37,561.00 35,454.00 111,363.00 108,799.00 111,836.00 113,225.00 117,373.00 118,121.00 54,036.00 58,701.00 60,170.00 43,931.00 49,557.00
      Long-Term Debt 376,865.00 401,721.00 411,630.00 17,109.00 17,395.00 17,736.00 18,065.00 18,052.00 94,428.00 92,955.00 95,983.00 97,209.00 82,415.00 83,391.00 22,438.00 23,053.00 23,668.00 23,967.00 24,267.00
      Other Non-Current Liabilities 27,563.00 28,242.00 28,205.00 17,568.00 18,257.00 18,417.00 19,496.00 17,402.00 16,935.00 15,844.00 15,853.00 16,016.00 34,958.00 34,730.00 31,598.00 35,648.00 36,502.00 19,964.00 25,290.00
Equity 350,116.00 344,016.00 334,044.00 357,030.00 338,504.00 327,184.00 322,907.00 324,941.00 321,654.00 322,524.00 328,127.00 334,046.00 327,874.00 335,545.00 342,115.00 344,611.00 345,518.00 351,258.00 169,611.00
   Shareholders Equity 350,116.00 344,016.00 334,044.00 357,030.00 338,504.00 327,184.00 322,907.00 324,941.00 321,654.00 322,524.00 328,127.00 334,046.00 327,874.00 335,545.00 342,115.00 344,611.00 345,518.00 351,258.00 -547,858.00
      Capital Stock 105.00 104.00 103.00 102.00 100.00 99.00 98.00 97.00 95.00 94.00 93.00 92.00 91.00 91.00 90.00 90.00 88.00 87.00 7.00
      Share Premium 862,423.00 841,520.00 817,958.00 833,129.00 806,962.00 786,201.00 769,608.00 760,210.00 744,212.00 729,607.00 717,450.00 706,407.00 695,324.00 682,946.00 669,284.00 658,374.00 645,934.00 640,456.00 3,974.00
      Retained Earnings -512,412.00 -497,608.00 -484,017.00 -476,201.00 -468,558.00 -459,116.00 -446,799.00 -435,366.00 -422,653.00 -407,177.00 -389,416.00 -372,453.00 -367,541.00 -347,492.00 -327,259.00 -313,853.00 -300,504.00 -289,285.00 -277,910.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 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
Investments 167,980.00 173,430.00 168,185.00 21,375.00 100,165.00 25,962.00 43,125.00 51,196.00 101,865.00 86,010.00 71,108.00 87,635.00 112,215.00 124,237.00 111,988.00 100.00 0 0 0
Debt 378,443.00 403,305.00 413,189.00 18,452.00 18,704.00 19,011.00 19,307.00 19,257.00 102,296.00 101,438.00 103,351.00 104,054.00 84,540.00 84,454.00 24,313.00 24,616.00 24,918.00 24,905.00 24,892.00
Net Debt 153,147.00 177,449.00 183,344.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 105,004.01 104,083.14 103,019.98 102,088.78 100,496.65 98,985.37 97,515.48 96,722.10 95,361.79 94,228.88 92,864.74 92,112.75 91,478.00 91,036.11 90,469.64 89,954.66 88,147.85 87,186.73 6,755.18
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 322,848.00 209,894.00 97,835.00 -144,758.00 244,193.00 158,287.00 76,127.00 -114,386.00 193,462.00 125,759.00 59,996.00 -84,572.00 148,732.00 95,320.00 44,790.00 -60,790.00 109,724.00 69,963.00 33,262.00
Cost Of Revenue 135,328.00 86,516.00 40,075.00 -61,133.00 100,773.00 65,484.00 32,095.00 -54,585.00 89,300.00 58,147.00 27,858.00 -36,352.00 69,081.00 43,237.00 19,980.00 -27,886.00 49,064.00 31,677.00 15,497.00
Gross Profit 187,520.00 123,378.00 57,760.00 -83,625.00 143,420.00 92,803.00 44,032.00 -59,801.00 104,162.00 67,612.00 32,138.00 -48,220.00 79,651.00 52,083.00 24,810.00 -32,904.00 60,660.00 38,286.00 17,765.00
Operating Expenses 231,660.00 154,637.00 73,156.00 -112,936.00 179,420.00 118,375.00 56,397.00 -98,467.00 154,768.00 102,431.00 49,084.00 -88,136.00 131,860.00 84,473.00 37,816.00 -47,573.00 90,554.00 57,038.00 26,704.00
   Selling, General and Administrative Expenses 135,679.00 90,700.00 41,670.00 -67,764.00 107,287.00 70,734.00 33,158.00 -56,913.00 90,302.00 60,079.00 27,989.00 -51,416.00 81,936.00 53,878.00 23,660.00 -26,543.00 54,657.00 34,018.00 15,791.00
   Research and Development Expenses 87,207.00 57,116.00 26,885.00 -44,200.00 70,862.00 46,729.00 22,820.00 -40,473.00 63,170.00 41,415.00 20,549.00 -24,551.00 48,973.00 30,751.00 14,156.00 -21,030.00 35,897.00 23,020.00 10,913.00
   Other Operating Expenses 8,774.00 6,821.00 4,601.00 -972.00 1,271.00 912.00 419.00 -1,081.00 1,296.00 937.00 546.00 -12,169.00 951.00 -156.00 0.00 0.00 0.00 0.00 0.00
Operating Income -44,140.00 -31,259.00 -15,396.00 29,311.00 -36,000.00 -25,572.00 -12,365.00 38,666.00 -50,606.00 -34,819.00 -16,946.00 39,916.00 -52,209.00 -32,390.00 -13,006.00 14,669.00 -29,894.00 -18,752.00 -8,939.00
Net Non-Operating Income -3,681.00 -1,729.00 295.00 -2,381.00 3,163.00 2,196.00 1,121.00 -451.00 729.00 379.00 179.00 1,346.00 -1,399.00 -1,006.00 -313.00 0 -3,579.00 -3,502.00 -1,940.00
Interest Income 10,253.00 6,249.00 1,897.00 -2,441.00 3,817.00 2,490.00 1,155.00 -6,665.00 11,336.00 7,325.00 3,483.00 842.00 3,719.00 1,607.00 396.00 -672.00 1,272.00 749.00 324.00
Interest Expense 6,967.00 3,989.00 801.00 -86.00 327.00 147.00 73.00 -3,470.00 5,514.00 3,583.00 1,757.00 169.00 2,336.00 1,075.00 288.00 -640.00 908.00 608.00 310.00
Net Interest 3,286.00 2,260.00 1,096.00 -2,355.00 3,490.00 2,343.00 1,082.00 -3,195.00 5,822.00 3,742.00 1,726.00 673.00 1,383.00 532.00 108.00 -32.00 364.00 141.00 14.00
EBT -47,821.00 -32,988.00 -15,101.00 26,930.00 -32,837.00 -23,376.00 -11,244.00 38,215.00 -49,877.00 -34,440.00 -16,767.00 41,262.00 -53,608.00 -33,396.00 -13,319.00 0 -33,473.00 -22,254.00 -10,879.00
Income Tax 11,610.00 11,581.00 7,285.00 -610.00 355.00 374.00 189.00 -759.00 323.00 284.00 196.00 51.00 80.00 243.00 87.00 172.00 0.00 0.00 0.00
Net Income -36,211.00 -21,407.00 -7,816.00 27,540.00 -33,192.00 -23,750.00 -11,433.00 38,974.00 -50,200.00 -34,724.00 -16,963.00 42,133.00 -53,688.00 -33,639.00 -13,406.00 19,784.00 -33,473.00 -22,254.00 -10,879.00
EBIT -40,854.00 -28,999.00 -14,300.00 26,844.00 -32,510.00 -23,229.00 -11,171.00 34,745.00 -44,363.00 -30,857.00 -15,010.00 41,431.00 -51,272.00 -32,321.00 -13,031.00 0 -32,565.00 -21,646.00 -10,569.00
Deprecation and Amortization 19,055.00 11,186.00 3,430.00 -5,083.00 7,854.00 5,175.00 2,562.00 -4,942.00 7,841.00 5,146.00 2,586.00 -1,417.00 5,512.00 2,962.00 1,018.00 -1,309.00 2,384.00 1,582.00 786.00
EBITDA -21,799.00 -17,813.00 -10,870.00 21,761.00 -24,656.00 -18,054.00 -8,609.00 29,803.00 -36,522.00 -25,711.00 -12,424.00 40,014.00 -45,760.00 -29,359.00 -12,013.00 0 -30,181.00 -20,064.00 -9,783.00
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 103,395.50 102,912.71 102,430.67 102,935.25 98,165.90 97,524.38 96,945.23 97,579.74 93,477.49 92,868.62 92,397.34 92,454.65 90,703.06 90,459.50 90,208.87 155,738.22 56,320.29 40,399.14 5,584.18
Average Shares Outstanding Diluted 103,395.50 102,912.71 102,430.67 102,935.25 98,165.90 97,524.38 96,945.23 97,579.74 93,477.49 92,868.62 92,397.34 92,454.65 90,703.06 90,459.50 90,208.87 155,738.22 56,320.29 40,399.14 5,584.18
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 26,300.00 -4,507.00 -5,664.00 3,661.00 12,486.00 1,499.00 951.00 19,635.00 -12,197.00 -15,325.00 -9,615.00 13,917.00 -24,045.00 -19,369.00 -8,291.00 2,083.00 -16,802.00 -12,288.00 -1,952.00
   Operating Net Income -36,211.00 -21,407.00 -7,816.00 27,540.00 -33,192.00 -23,750.00 -11,433.00 38,974.00 -50,200.00 -34,724.00 -16,963.00 42,133.00 -53,688.00 -33,639.00 -13,406.00 19,784.00 -33,473.00 -22,254.00 -10,879.00
   Deprecation and Amortization 19,055.00 11,186.00 3,430.00 -5,083.00 7,854.00 5,175.00 2,562.00 -4,942.00 7,841.00 5,146.00 2,586.00 -1,417.00 5,512.00 2,962.00 1,018.00 -1,309.00 2,384.00 1,582.00 786.00
   Deferred Income Tax -11,971.00 -12,006.00 -8,312.00 -24.00 61.00 47.00 25.00 -282.00 118.00 85.00 47.00 -806.00 -80.00 162.00 34.00 85.00 0 0 0
   Share Based Compensation 56,336.00 35,608.00 16,093.00 -26,502.00 43,822.00 28,565.00 13,552.00 -22,522.00 37,914.00 24,399.00 11,440.00 -19,624.00 33,596.00 21,449.00 9,974.00 883.00 7,793.00 4,441.00 1,418.00
   Change in Working Capital 35,952.00 28,918.00 13,507.00 -16,432.00 18,831.00 9,239.00 1,632.00 -7,445.00 14,145.00 1,477.00 4,371.00 -16,613.00 10,133.00 10,119.00 2,732.00 -20,176.00 18,289.00 11,778.00 9,136.00
   Other Operating Activities -36,861.00 -46,806.00 -22,566.00 24,162.00 -24,890.00 -17,777.00 -5,387.00 15,852.00 -22,015.00 -11,708.00 -11,096.00 10,244.00 -19,518.00 -20,422.00 -8,643.00 2,816.00 -11,795.00 -7,835.00 -2,413.00
Investing Cash Flow -393,464.00 -392,360.00 -389,413.00 -32,088.00 26,046.00 22,275.00 6,808.00 34,600.00 -16,358.00 -96.00 15,765.00 396,863.00 -247,674.00 -259,576.00 -113,621.00 644.00 -20,471.00 -1,446.00 -750.00
   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 6,411.00 4,090.00 1,931.00 -3,605.00 6,045.00 3,746.00 1,669.00 -2,773.00 4,617.00 3,078.00 1,370.00 -3,538.00 3,742.00 2,956.00 1,542.00 8.00 2,145.00 1,120.00 424.00
   Net Purchase/Sale of Investments Net 60,154.00 47,171.00 31,783.00 -61,777.00 93,533.00 57,197.00 22,775.00 -72,981.00 207,445.00 128,262.00 59,109.00 -203,294.00 215,593.00 162,589.00 112,079.00 0 0 0 0
   Net Purchase/Sale of Business 375,499.00 375,499.00 375,499.00 0 0 0 0 0 0 0 0 -131,531.00 131,339.00 132,031.00 0 -652.00 18,326.00 326.00 326.00
   Other Investing Activities -835,528.00 -819,120.00 -798,626.00 33,294.00 -73,532.00 -38,668.00 -17,636.00 110,354.00 -228,420.00 -131,436.00 -44,714.00 735,226.00 -598,348.00 -557,152.00 -227,242.00 1,288.00 -40,942.00 -2,892.00 -1,500.00
Financing Cash Flow 330,121.00 354,934.00 362,378.00 18,073.00 1,497.00 -3,269.00 -4,507.00 -78,430.00 -4,801.00 -4,020.00 -568.00 -64,921.00 62,893.00 62,584.00 623.00 -178,022.00 186,886.00 185,422.00 -2,013.00
   Net Issuance/Repayment of Debt 430,513.00 405,513.00 395,513.00 0 0 0 0 81,812.00 2,125.00 1,063.00 0 -110,001.00 109,688.00 109,688.00 313.00 313.00 0 0 0
   Net Issuance/Repurchase of Equity 5,385.00 5,198.00 1,523.00 -400.00 14,680.00 9,526.00 1,171.00 788.00 9,694.00 5,209.00 1,416.00 -863.00 3,950.00 1,282.00 936.00 -201,868.00 203,369.00 201,242.00 6,326.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -4,969.00 4,969.00 4,969.00 0
   Other Financing Activities -105,777.00 -55,777.00 -34,658.00 18,473.00 -13,183.00 -12,795.00 -5,678.00 -161,030.00 -16,620.00 -10,292.00 -1,984.00 45,943.00 -50,745.00 -48,386.00 -626.00 28,502.00 -21,452.00 -20,789.00 -8,339.00
Net Change in Cash -37,043.00 -41,933.00 -32,699.00 -10,354.00 40,029.00 20,505.00 3,252.00 -24,195.00 -33,356.00 -19,441.00 5,582.00 345,859.00 -208,826.00 -216,361.00 -121,289.00 -175,295.00 149,613.00 171,688.00 -4,715.00
   Cash at Beginning of Period 94,359.00 94,359.00 94,359.00 104,713.00 40,927.00 40,927.00 40,927.00 65,122.00 112,337.00 112,337.00 112,337.00 -233,522.00 312,954.00 312,954.00 312,954.00 488,249.00 171,663.00 171,663.00 171,663.00
   Cash at End of Period 57,316.00 52,426.00 61,660.00 94,359.00 80,956.00 61,432.00 44,179.00 40,927.00 78,981.00 92,896.00 117,919.00 112,337.00 104,128.00 96,593.00 191,665.00 312,954.00 321,276.00 343,351.00 166,948.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0