Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 8.68 8.54 47.52 84.59 19.39
Price to Sales 0.79 1.24 1.44 2.86 2.63
Book Value Per Common Share 37.42 41.39 32.51 30.86 29.28
Price to Book 1.62 2.17 2.86 5.35 4.45
Price to Operating Cash Flow 6.34 13.10 19.98 36.51 24.29
Price to Free Cash Flow
Enterprise Value to EBITDA 38808.84 90478.41 119028.61 243433.85 122074.12
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 718.50 39.89 -1190.00 12.50 16.61 100.82 13.56 73.98 207.76 71.10 2226.75 443.37 78.82 99.58 133.88
Price to Sales 1.25 1.52 2.84 1.28 1.93 4.47 1.80 2.77 6.31 1.65 2.93 7.76 3.51 5.43 9.27
Book Value Per Common Share 42.86 44.50 40.04 37.42 37.80 43.00 40.88 41.39 38.11 32.64 33.18 32.51 30.25 29.89 30.99 30.86 30.66 30.76 29.86 29.28
Price to Book 2.01 1.53 1.49 1.62 1.91 1.64 1.95 2.17 2.59 3.13 3.38 2.86 2.59 2.98 3.86 5.35 4.86 5.11 4.62 4.45
Price to Operating Cash Flow 13.98 19.51 50.16 13.69 21.65 89.83 21.36 52.77 -3379.22 64.20 -225.49 -160.47 72.85 77.49 147.91
Price to Free Cash Flow
Enterprise Value to EBITDA 107556.16 93553.21 179695.36 58113.27 89013.11 301795.04 133865.36 217753.32 488302.91 144640.51 322622.91 728796.99 266166.82 385150.16 598667.01

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -33.62 435.71 0.51 -70.98
Revenue YoY -1.69 14.65 11.98 19.53
EBITDA YoY 32.38 30.52 15.66 -36.40
Net Profit YoY -39.18 394.61 0.68 -67.29
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 -92.98 35.85 436.71 789900.00 426.81 155.56 2650.00 -85.19 19.62 53.40
Revenue YoY 51.95 107.94 48.77 103.06 51.05 107.93 56.03 97.10 46.67 94.63
EBITDA YoY 9.32 114.31 38.01 193.87 57.09 113.18 95.86 68.09 37.01 77.37
Net Profit YoY -92.93 38100.00 31.40 430.28 -35.69 403.22 149.38 39.66 684.09 -50.56 22.05 55.25

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 6.18 5.97 5.71 11.85 10.83
Quick Ratio 0.90 1.03 0.97 1.36 1.35
Current Ratio 1.59 1.78 1.73 2.10 2.04
Debt to Equity 0.40 0.32 0.37 0.31 0.31
Long-Term Debt to Equity 0.26 0.20 0.23 0.18 0.18
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 2020-12-31
Cash Per Common Share 7.41 6.52 4.82 6.74 9.66 10.48 3.42 5.93 6.56 4.79 4.06 5.71 17.92 17.24 18.01 11.85 10.63 11.01 10.66 10.57
Quick Ratio 1.10 1.09 0.97 0.90 1.07 1.09 0.77 1.03 1.16 1.10 1.03 0.97 1.99 1.92 1.91 1.36 1.46 1.44 1.43 1.35
Current Ratio 1.79 1.76 1.61 1.59 1.50 1.49 1.29 1.78 1.81 1.76 1.71 1.73 2.66 2.63 2.60 2.10 2.11 2.06 1.97 2.04
Debt to Equity 1.46 1.40 1.50 0.40 1.69 1.10 1.07 0.32 1.14 1.32 1.34 0.37 1.38 1.40 1.37 0.31 1.08 1.09 1.11 0.31
Long-Term Debt to Equity 0.95 0.92 0.98 0.26 1.06 0.60 0.55 0.20 0.72 0.84 0.86 0.23 0.89 0.92 0.89 0.18 0.63 0.63 0.63 0.18

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 3.57 5.65 1.25 1.48 4.58
ROE 5.01 7.45 1.71 1.93 6.02
Gross Margin 4.88 4.60 4.65 3.78 14.85
Operating Margin 12.62 8.09 6.91 6.79 16.21
EBITDA Margin 18.58 13.80 12.12 11.74 22.06
Net Profit Margin 9.07 14.65 3.40 3.78 13.81
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 0.11 1.60 0.00 6.13 4.67 0.92 8.57 1.83 0.75 1.73 0.22 0.44 3.17 2.58 1.69
ROE 0.28 3.83 0.01 16.51 9.82 1.91 18.36 4.24 1.75 4.12 0.53 1.03 6.58 5.37 3.56
Gross Margin 99.98 99.90 99.92 17.71 17.57 16.85 16.14 15.85 15.46 14.05 12.22 13.83 15.57 16.48 17.60
Operating Margin 5.50 9.89 9.29 13.74 15.33 8.86 8.19 7.67 7.20 6.06 3.51 5.19 8.11 9.13 10.69
EBITDA Margin 11.39 15.83 15.36 19.67 21.20 14.65 13.77 13.24 12.91 11.40 9.08 10.65 13.18 14.11 15.49
Net Profit Margin 0.18 3.81 0.02 10.26 11.62 4.45 13.44 4.03 3.36 2.69 0.53 2.13 4.87 5.85 7.33

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 50,075,000.00 52,034,000.00 47,499,000.00 39,971,000.00 39,394,000.00
   Current Assets 8,553,000.00 8,928,000.00 8,843,000.00 9,230,000.00 8,605,000.00
   Deposits 4,000.00 6,000.00 7,000.00 6,000.00 5,000.00
      Cash and Short-Term Investments 1,585,000.00 1,654,000.00 1,548,000.00 3,205,000.00 2,853,000.00
            Cash and Cash Equivalents 1,574,000.00 1,640,000.00 1,531,000.00 3,139,000.00 2,853,000.00
            Short-Term Investments 11,000.00 14,000.00 17,000.00 66,000.00 0
      Net Receivables 3,261,000.00 3,546,000.00 3,433,000.00 2,784,000.00 2,812,000.00
      Inventory 2,320,000.00 2,365,000.00 2,340,000.00 2,014,000.00 1,297,000.00
      Other Current Assets 1,387,000.00 1,363,000.00 1,522,000.00 1,227,000.00 1,643,000.00
   Non-Current Assets 41,522,000.00 43,106,000.00 38,656,000.00 30,741,000.00 30,789,000.00
      Property, Plant, Equipment Net 5,171,000.00 5,273,000.00 4,820,000.00 4,487,000.00 4,575,000.00
      Goodwill 17,351,000.00 15,453,000.00 15,318,000.00 7,533,000.00 7,740,000.00
      Intangible Assets 2,140,000.00 2,399,000.00 2,585,000.00 964,000.00 1,091,000.00
      Long-Term Investments 4,168,000.00 3,086,000.00 3,651,000.00 1,797,000.00 2,011,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 12,692,000.00 16,895,000.00 12,282,000.00 15,960,000.00 15,372,000.00
Liabilities 14,373,000.00 12,583,000.00 12,790,000.00 9,446,000.00 9,422,000.00
   Current Liabilities 5,366,000.00 5,030,000.00 5,117,000.00 4,401,000.00 4,212,000.00
      Payables and Expenses 4,622,000.00 4,799,000.00 4,834,000.00 4,199,000.00 3,956,000.00
            Account Payables 2,870,000.00 3,151,000.00 3,150,000.00 2,953,000.00 2,571,000.00
            Current Accrued Liabilities 1,752,000.00 1,648,000.00 1,684,000.00 1,246,000.00 1,385,000.00
      Short-Term Debt 509,000.00 9,000.00 31,000.00 8,000.00 90,000.00
      Other Current Liabilities 235,000.00 222,000.00 252,000.00 194,000.00 166,000.00
   Non-Current Liabilities 9,315,000.00 7,861,000.00 8,012,000.00 5,351,000.00 5,477,000.00
      Long-Term Debt 8,255,000.00 6,657,000.00 6,821,000.00 4,363,000.00 4,311,000.00
      Other Non-Current Liabilities 1,060,000.00 1,204,000.00 1,191,000.00 988,000.00 1,166,000.00
Equity 35,702,000.00 39,451,000.00 34,709,000.00 30,525,000.00 29,972,000.00
   Shareholders Equity 8,796,000.00 11,548,000.00 8,809,000.00 8,347,000.00 7,905,000.00
      Capital Stock 2,000.00 3,000.00 3,000.00 3,000.00 3,000.00
      Share Premium 2,966,000.00 4,028,000.00 3,989,000.00 3,939,000.00 3,897,000.00
      Retained Earnings 7,002,000.00 8,162,000.00 5,608,000.00 5,077,000.00 4,550,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -2,348,000.00 -1,290,000.00 -1,582,000.00 -1,344,000.00 -1,090,000.00
   Minority Interest 197,000.00 197,000.00 189,000.00 214,000.00 195,000.00
Investments 4,168,000.00 3,086,000.00 3,651,000.00 1,797,000.00 2,011,000.00
Debt 8,764,000.00 6,666,000.00 6,852,000.00 4,371,000.00 4,401,000.00
Net Debt 7,179,000.00 5,012,000.00 5,304,000.00 1,166,000.00 1,548,000.00
Common Shares Outstanding 235,035.74 279,033.36 270,949.58 270,514.14 270,025.38
Preferred Shares Outstanding 0 0 11,500.00 11,500.00 11,500.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 19,713,000.00 20,051,000.00 17,489,000.00 15,618,000.00 13,066,000.00
Cost Of Revenue 18,751,000.00 19,129,000.00 16,676,000.00 15,027,000.00 11,126,000.00
Gross Profit 962,000.00 922,000.00 813,000.00 591,000.00 1,940,000.00
Operating Expenses -880,000.00 -637,000.00 -450,000.00 -598,000.00 -178,000.00
   Selling, General and Administrative Expenses 1,020,000.00 1,436,000.00 1,138,000.00 1,075,000.00 976,000.00
   Research and Development Expenses 1,097,000.00 1,289,000.00 1,120,000.00 1,030,000.00 1,024,000.00
   Other Operating Expenses -2,997,000.00 -3,362,000.00 -2,708,000.00 -2,703,000.00 -2,178,000.00
Operating Income 1,842,000.00 1,559,000.00 1,263,000.00 1,189,000.00 2,118,000.00
Net Non-Operating Income 309,000.00 -222,000.00 -273,000.00 -279,000.00 -164,000.00
Interest Income 337,000.00 285,000.00 219,000.00 150,000.00 164,000.00
Interest Expense 337,000.00 285,000.00 219,000.00 150,000.00 164,000.00
Net Interest 337,000.00 285,000.00 219,000.00 150,000.00 164,000.00
EBT 2,151,000.00 1,337,000.00 990,000.00 910,000.00 1,954,000.00
Income Tax 223,000.00 1,936,000.00 120,000.00 97,000.00 46,000.00
Equity Method Investments Income -236,000.00 -598,000.00 -849,000.00 -400,000.00 -166,000.00
Net Income Including Non-Controlling Interests 1,740,000.00 2,910,000.00 601,000.00 571,000.00 1,786,000.00
Net Income Non-Controlling Interests 47,000.00 28,000.00 -7,000.00 19,000.00 18,000.00
Net Income 1,787,000.00 2,938,000.00 594,000.00 590,000.00 1,804,000.00
EBIT 2,488,000.00 1,622,000.00 1,209,000.00 1,060,000.00 2,118,000.00
Deprecation and Amortization 1,175,000.00 1,145,000.00 911,000.00 773,000.00 764,000.00
EBITDA 3,663,000.00 2,767,000.00 2,120,000.00 1,833,000.00 2,882,000.00
EPS 0.01 0.01 0.00 0.00 0.01
Diluted EPS 0.01 0.01 0.00 0.00 0.01
Average Shares Outstanding Basic 256,380.00 276,920.00 270,900.00 270,460.00 263,430.00
Average Shares Outstanding Diluted 256,660.00 282,880.00 271,180.00 271,220.00 270,700.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 2,446,000.00 1,896,000.00 1,263,000.00 1,222,000.00 1,413,000.00
   Operating Net Income 1,547,000.00 2,459,000.00 -589,000.00 1,415,000.00 5,294,000.00
   Deprecation and Amortization 1,175,000.00 1,145,000.00 911,000.00 773,000.00 764,000.00
   Deferred Income Tax -34,000.00 1,626,000.00 -144,000.00 -60,000.00 -52,000.00
   Share Based Compensation 120,000.00 115,000.00 86,000.00 87,000.00 60,000.00
   Change in Working Capital -361,000.00 351,000.00 961,000.00 903,000.00 390,000.00
   Other Operating Activities -1,000.00 -3,800,000.00 38,000.00 -1,896,000.00 -5,043,000.00
Investing Cash Flow -507,000.00 -1,002,000.00 -5,182,000.00 -729,000.00 -626,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 836,000.00 910,000.00 848,000.00 620,000.00 584,000.00
   Net Purchase/Sale of Investments Net 0 0 3,000.00 43,000.00 0
   Net Purchase/Sale of Business 569,000.00 75,000.00 4,352,000.00 132,000.00 51,000.00
   Other Investing Activities -1,912,000.00 -1,987,000.00 -10,385,000.00 -1,524,000.00 -1,261,000.00
Financing Cash Flow -1,965,000.00 -807,000.00 2,359,000.00 -191,000.00 1,613,000.00
   Net Issuance/Repayment of Debt 5,787,000.00 286,000.00 3,000.00 -14,000.00 -333,000.00
   Net Issuance/Repurchase of Equity 4,104,000.00 398,000.00 0 0 2,287,000.00
   Dividends Paid 0 34,000.00 72,000.00 63,000.00 98,000.00
   Other Financing Activities -11,856,000.00 -1,525,000.00 2,284,000.00 -240,000.00 -439,000.00
Net Change in Cash -66,000.00 85,000.00 -1,584,000.00 286,000.00 2,424,000.00
   Cash at Beginning of Period 1,640,000.00 1,555,000.00 3,139,000.00 2,853,000.00 429,000.00
   Cash at End of Period 1,574,000.00 1,640,000.00 1,555,000.00 3,139,000.00 2,853,000.00
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 23,497,000.00 23,942,000.00 23,102,000.00 50,075,000.00 24,766,000.00 24,751,000.00 23,644,000.00 52,034,000.00 23,711,000.00 22,098,000.00 21,716,000.00 47,499,000.00 19,971,000.00 19,908,000.00 20,404,000.00 39,971,000.00 17,651,000.00 17,780,000.00 17,476,000.00 39,394,000.00
   Current Assets 8,760,000.00 8,373,000.00 7,738,000.00 8,553,000.00 8,688,000.00 8,829,000.00 7,691,000.00 8,928,000.00 8,490,000.00 8,072,000.00 7,725,000.00 8,843,000.00 10,983,000.00 10,558,000.00 10,774,000.00 9,230,000.00 8,104,000.00 8,055,000.00 7,801,000.00 8,605,000.00
   Deposits 6,000.00 8,000.00 5,000.00 4,000.00 5,000.00 5,000.00 5,000.00 6,000.00 7,000.00 9,000.00 9,000.00 7,000.00 9,000.00 8,000.00 9,000.00 6,000.00 6,000.00 7,000.00 5,000.00 5,000.00
      Cash and Short-Term Investments 1,643,000.00 1,460,000.00 1,110,000.00 1,585,000.00 2,545,000.00 2,857,000.00 941,000.00 1,654,000.00 1,808,000.00 1,302,000.00 1,100,000.00 1,548,000.00 4,854,000.00 4,670,000.00 4,877,000.00 3,205,000.00 2,876,000.00 2,978,000.00 2,882,000.00 2,853,000.00
            Cash and Cash Equivalents 1,643,000.00 1,449,000.00 1,101,000.00 1,574,000.00 1,054,000.00 1,409,000.00 941,000.00 1,640,000.00 1,808,000.00 1,302,000.00 1,100,000.00 1,531,000.00 4,854,000.00 4,670,000.00 4,877,000.00 3,139,000.00 2,793,000.00 2,978,000.00 2,882,000.00 2,853,000.00
            Short-Term Investments 0 11,000.00 9,000.00 11,000.00 1,491,000.00 1,448,000.00 0 14,000.00 0 0 0 17,000.00 0 0 0 66,000.00 83,000.00 0 0 0
      Net Receivables 3,713,000.00 3,717,000.00 3,549,000.00 3,261,000.00 3,653,000.00 3,592,000.00 3,652,000.00 3,546,000.00 3,647,000.00 3,729,000.00 3,564,000.00 3,433,000.00 3,366,000.00 3,028,000.00 3,054,000.00 2,784,000.00 2,715,000.00 2,654,000.00 2,798,000.00 2,812,000.00
      Inventory 2,597,000.00 2,475,000.00 2,429,000.00 2,320,000.00 2,550,000.00 2,370,000.00 2,371,000.00 2,365,000.00 2,432,000.00 2,380,000.00 2,485,000.00 2,340,000.00 2,306,000.00 2,362,000.00 2,312,000.00 2,014,000.00 2,119,000.00 1,801,000.00 1,525,000.00 1,297,000.00
      Other Current Assets 807,000.00 721,000.00 650,000.00 1,387,000.00 -60,000.00 10,000.00 727,000.00 1,363,000.00 603,000.00 661,000.00 576,000.00 1,522,000.00 457,000.00 498,000.00 531,000.00 1,227,000.00 394,000.00 622,000.00 596,000.00 1,643,000.00
   Non-Current Assets 14,737,000.00 15,569,000.00 15,364,000.00 41,522,000.00 16,078,000.00 15,922,000.00 15,953,000.00 43,106,000.00 15,221,000.00 14,026,000.00 13,991,000.00 38,656,000.00 8,988,000.00 9,350,000.00 9,630,000.00 30,741,000.00 9,547,000.00 9,725,000.00 9,675,000.00 30,789,000.00
      Property, Plant, Equipment Net 4,216,000.00 4,267,000.00 4,182,000.00 5,171,000.00 4,296,000.00 4,246,000.00 4,294,000.00 5,273,000.00 4,090,000.00 4,062,000.00 3,988,000.00 4,820,000.00 3,563,000.00 3,625,000.00 3,672,000.00 4,487,000.00 3,574,000.00 3,571,000.00 3,523,000.00 4,575,000.00
      Goodwill 6,224,000.00 5,248,000.00 5,088,000.00 17,351,000.00 5,170,000.00 5,078,000.00 5,110,000.00 15,453,000.00 5,073,000.00 5,140,000.00 5,099,000.00 15,318,000.00 2,274,000.00 2,392,000.00 2,479,000.00 7,533,000.00 2,504,000.00 2,547,000.00 2,503,000.00 7,740,000.00
      Intangible Assets 2,055,000.00 2,105,000.00 2,105,000.00 2,140,000.00 2,235,000.00 2,263,000.00 2,326,000.00 2,399,000.00 2,423,000.00 2,487,000.00 2,534,000.00 2,585,000.00 806,000.00 876,000.00 924,000.00 964,000.00 973,000.00 1,021,000.00 1,033,000.00 1,091,000.00
      Long-Term Investments 3,763,000.00 3,788,000.00 4,155,000.00 4,168,000.00 2,869,000.00 2,876,000.00 1,555,000.00 3,086,000.00 1,693,000.00 1,783,000.00 1,854,000.00 3,651,000.00 1,960,000.00 2,070,000.00 1,949,000.00 1,797,000.00 1,852,000.00 1,908,000.00 1,962,000.00 2,011,000.00
      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 -1,521,000.00 161,000.00 -166,000.00 12,692,000.00 1,508,000.00 1,459,000.00 2,668,000.00 16,895,000.00 1,942,000.00 554,000.00 516,000.00 12,282,000.00 385,000.00 387,000.00 606,000.00 15,960,000.00 644,000.00 678,000.00 654,000.00 15,372,000.00
Liabilities 13,933,000.00 13,967,000.00 13,848,000.00 14,373,000.00 15,568,000.00 12,981,000.00 12,225,000.00 12,583,000.00 12,638,000.00 12,576,000.00 12,444,000.00 12,790,000.00 11,590,000.00 11,626,000.00 11,804,000.00 9,446,000.00 9,152,000.00 9,255,000.00 9,200,000.00 9,422,000.00
   Current Liabilities 4,885,000.00 4,751,000.00 4,794,000.00 5,366,000.00 5,804,000.00 5,908,000.00 5,956,000.00 5,030,000.00 4,696,000.00 4,589,000.00 4,508,000.00 5,117,000.00 4,129,000.00 4,019,000.00 4,146,000.00 4,401,000.00 3,834,000.00 3,905,000.00 3,962,000.00 4,212,000.00
      Payables and Expenses 4,868,000.00 4,719,000.00 4,553,000.00 4,622,000.00 4,547,000.00 4,433,000.00 4,469,000.00 4,799,000.00 4,653,000.00 4,552,000.00 4,463,000.00 4,834,000.00 4,113,000.00 4,002,000.00 4,111,000.00 4,199,000.00 3,826,000.00 3,889,000.00 3,884,000.00 3,956,000.00
            Account Payables 3,130,000.00 3,039,000.00 2,890,000.00 2,870,000.00 2,989,000.00 2,915,000.00 2,893,000.00 3,151,000.00 3,056,000.00 3,028,000.00 2,996,000.00 3,150,000.00 2,775,000.00 2,749,000.00 2,910,000.00 2,953,000.00 2,544,000.00 2,574,000.00 2,624,000.00 2,571,000.00
            Current Accrued Liabilities 1,738,000.00 1,680,000.00 1,663,000.00 1,752,000.00 1,558,000.00 1,518,000.00 1,576,000.00 1,648,000.00 1,597,000.00 1,524,000.00 1,467,000.00 1,684,000.00 1,338,000.00 1,253,000.00 1,201,000.00 1,246,000.00 1,282,000.00 1,315,000.00 1,260,000.00 1,385,000.00
      Short-Term Debt 17,000.00 32,000.00 241,000.00 509,000.00 1,257,000.00 1,475,000.00 1,487,000.00 9,000.00 43,000.00 37,000.00 45,000.00 31,000.00 16,000.00 17,000.00 35,000.00 8,000.00 8,000.00 16,000.00 78,000.00 90,000.00
      Other Current Liabilities 0.00 0.00 0.00 235,000.00 0.00 0.00 0.00 222,000.00 0.00 0.00 0.00 252,000.00 0.00 0.00 0.00 194,000.00 0.00 0.00 0.00 166,000.00
   Non-Current Liabilities 9,048,000.00 9,216,000.00 9,054,000.00 9,315,000.00 9,764,000.00 7,073,000.00 6,269,000.00 7,861,000.00 7,942,000.00 7,987,000.00 7,936,000.00 8,012,000.00 7,461,000.00 7,607,000.00 7,658,000.00 5,351,000.00 5,318,000.00 5,350,000.00 5,238,000.00 5,477,000.00
      Long-Term Debt 8,017,000.00 8,180,000.00 8,068,000.00 8,255,000.00 8,704,000.00 5,941,000.00 5,163,000.00 6,657,000.00 6,838,000.00 6,855,000.00 6,828,000.00 6,821,000.00 6,661,000.00 6,767,000.00 6,806,000.00 4,363,000.00 4,301,000.00 4,326,000.00 4,222,000.00 4,311,000.00
      Other Non-Current Liabilities 1,031,000.00 1,036,000.00 986,000.00 1,060,000.00 1,060,000.00 1,132,000.00 1,106,000.00 1,204,000.00 1,104,000.00 1,132,000.00 1,108,000.00 1,191,000.00 800,000.00 840,000.00 852,000.00 988,000.00 1,017,000.00 1,024,000.00 1,016,000.00 1,166,000.00
Equity 9,564,000.00 9,975,000.00 9,254,000.00 35,702,000.00 9,198,000.00 11,770,000.00 11,419,000.00 39,451,000.00 11,073,000.00 9,522,000.00 9,272,000.00 34,709,000.00 8,381,000.00 8,282,000.00 8,600,000.00 30,525,000.00 8,499,000.00 8,525,000.00 8,276,000.00 29,972,000.00
   Shareholders Equity 9,282,000.00 9,690,000.00 8,961,000.00 8,796,000.00 8,882,000.00 11,467,000.00 11,120,000.00 11,548,000.00 10,778,000.00 9,232,000.00 8,983,000.00 8,809,000.00 8,195,000.00 8,099,000.00 8,396,000.00 8,347,000.00 8,294,000.00 8,322,000.00 8,077,000.00 7,905,000.00
      Capital Stock 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
      Share Premium 3,632,000.00 3,605,000.00 3,372,000.00 2,966,000.00 2,940,000.00 3,947,000.00 3,968,000.00 4,028,000.00 4,032,000.00 4,001,000.00 3,972,000.00 3,989,000.00 3,968,000.00 3,949,000.00 3,908,000.00 3,939,000.00 3,928,000.00 3,909,000.00 3,881,000.00 3,897,000.00
      Retained Earnings 6,357,000.00 6,797,000.00 6,598,000.00 7,002,000.00 6,734,000.00 8,401,000.00 7,847,000.00 8,162,000.00 7,522,000.00 5,893,000.00 5,690,000.00 5,608,000.00 5,375,000.00 5,089,000.00 5,150,000.00 5,077,000.00 5,062,000.00 4,976,000.00 4,829,000.00 4,550,000.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -709,000.00 -714,000.00 -1,011,000.00 -2,348,000.00 -1,588,000.00 -1,768,000.00 -1,396,000.00 -1,290,000.00 -1,558,000.00 -1,330,000.00 -1,364,000.00 -1,582,000.00 -2,302,000.00 -1,884,000.00 -1,330,000.00 -1,344,000.00 -1,398,000.00 -1,132,000.00 -1,272,000.00 -1,090,000.00
   Minority Interest 180,000.00 182,000.00 198,000.00 197,000.00 217,000.00 208,000.00 202,000.00 197,000.00 202,000.00 193,000.00 192,000.00 189,000.00 186,000.00 183,000.00 204,000.00 214,000.00 205,000.00 203,000.00 199,000.00 195,000.00
Investments 3,763,000.00 3,788,000.00 4,155,000.00 4,168,000.00 4,360,000.00 4,324,000.00 1,555,000.00 3,086,000.00 1,693,000.00 1,783,000.00 1,854,000.00 3,651,000.00 1,960,000.00 2,070,000.00 1,949,000.00 1,797,000.00 1,852,000.00 1,908,000.00 1,962,000.00 2,011,000.00
Debt 8,034,000.00 8,212,000.00 8,309,000.00 8,764,000.00 9,961,000.00 7,416,000.00 6,650,000.00 6,666,000.00 6,881,000.00 6,892,000.00 6,873,000.00 6,852,000.00 6,677,000.00 6,784,000.00 6,841,000.00 4,371,000.00 4,309,000.00 4,342,000.00 4,300,000.00 4,401,000.00
Net Debt 6,391,000.00 6,752,000.00 7,199,000.00 7,179,000.00 7,416,000.00 4,559,000.00 5,709,000.00 5,012,000.00 5,073,000.00 5,590,000.00 5,773,000.00 5,304,000.00 1,823,000.00 2,114,000.00 1,964,000.00 1,166,000.00 1,433,000.00 1,364,000.00 1,418,000.00 1,548,000.00
Common Shares Outstanding 216,551.97 217,759.81 223,776.58 235,035.74 234,992.96 266,704.20 272,044.11 279,033.36 282,824.28 282,824.28 270,718.10 270,949.58 270,932.77 270,932.77 270,915.29 270,514.14 270,507.57 270,507.57 270,462.75 270,025.38
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00 11,500.00
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 15,245,000.00 10,033,000.00 4,825,000.00 -9,946,000.00 14,806,000.00 9,952,000.00 4,901,000.00 -9,917,000.00 15,132,000.00 10,018,000.00 4,818,000.00 -7,773,000.00 12,849,000.00 8,235,000.00 4,178,000.00 -7,719,000.00 11,484,000.00 7,830,000.00 4,023,000.00
Cost Of Revenue 3,000.00 10,000.00 4,000.00 -5,711,000.00 12,184,000.00 8,203,000.00 4,075,000.00 -6,063,000.00 12,689,000.00 8,430,000.00 4,073,000.00 -5,197,000.00 11,044,000.00 7,229,000.00 3,600,000.00 -4,524,000.00 9,696,000.00 6,540,000.00 3,315,000.00
Gross Profit 15,242,000.00 10,023,000.00 4,821,000.00 -4,235,000.00 2,622,000.00 1,749,000.00 826,000.00 -3,854,000.00 2,443,000.00 1,588,000.00 745,000.00 -2,576,000.00 1,805,000.00 1,006,000.00 578,000.00 -3,195,000.00 1,788,000.00 1,290,000.00 708,000.00
Operating Expenses 14,483,000.00 9,089,000.00 4,373,000.00 -3,435,000.00 1,259,000.00 889,000.00 407,000.00 -3,103,000.00 1,239,000.00 830,000.00 397,000.00 -2,407,000.00 982,000.00 653,000.00 322,000.00 -2,312,000.00 859,000.00 576,000.00 279,000.00
   Selling, General and Administrative Expenses 416,000.00 256,000.00 124,000.00 -1,219,000.00 1,102,000.00 771,000.00 366,000.00 -656,000.00 1,055,000.00 695,000.00 342,000.00 -531,000.00 835,000.00 560,000.00 274,000.00 -485,000.00 784,000.00 521,000.00 255,000.00
   Research and Development Expenses 0 0 0 1,097,000.00 0 0 0 1,289,000.00 0 0 0 1,120,000.00 0 0 0 1,030,000.00 0 0 0
   Other Operating Expenses 14,067,000.00 8,833,000.00 4,249,000.00 -3,313,000.00 157,000.00 118,000.00 41,000.00 -3,736,000.00 184,000.00 135,000.00 55,000.00 -2,996,000.00 147,000.00 93,000.00 48,000.00 -2,857,000.00 75,000.00 55,000.00 24,000.00
Operating Income 759,000.00 934,000.00 448,000.00 -800,000.00 1,363,000.00 860,000.00 419,000.00 -751,000.00 1,204,000.00 758,000.00 348,000.00 -169,000.00 823,000.00 353,000.00 256,000.00 -883,000.00 929,000.00 714,000.00 429,000.00
Net Non-Operating Income -194,000.00 -126,000.00 -93,000.00 -619,000.00 441,000.00 537,000.00 -50,000.00 153,000.00 -178,000.00 -129,000.00 -68,000.00 173,000.00 -201,000.00 -163,000.00 -82,000.00 -51,000.00 -112,000.00 -77,000.00 -39,000.00
Interest Income 321,000.00 208,000.00 104,000.00 -210,000.00 297,000.00 165,000.00 85,000.00 -279,000.00 290,000.00 185,000.00 89,000.00 -126,000.00 192,000.00 108,000.00 45,000.00 -98,000.00 122,000.00 83,000.00 43,000.00
Interest Expense 274,000.00 184,000.00 93,000.00 -87,000.00 230,000.00 129,000.00 65,000.00 -135,000.00 214,000.00 139,000.00 67,000.00 -80,000.00 157,000.00 99,000.00 43,000.00 -82,000.00 114,000.00 78,000.00 40,000.00
Net Interest 47,000.00 24,000.00 11,000.00 214,000.00 67,000.00 36,000.00 20,000.00 141,000.00 76,000.00 46,000.00 22,000.00 173,000.00 35,000.00 9,000.00 2,000.00 134,000.00 8,000.00 5,000.00 3,000.00
EBT 565,000.00 808,000.00 355,000.00 -1,419,000.00 1,804,000.00 1,397,000.00 369,000.00 -598,000.00 1,026,000.00 629,000.00 280,000.00 4,000.00 622,000.00 190,000.00 174,000.00 -934,000.00 817,000.00 637,000.00 390,000.00
Income Tax 503,000.00 396,000.00 359,000.00 -147,000.00 165,000.00 129,000.00 76,000.00 588,000.00 1,253,000.00 61,000.00 34,000.00 -25,000.00 92,000.00 34,000.00 19,000.00 -122,000.00 98,000.00 74,000.00 47,000.00
Equity Method Investments Income -54,000.00 -42,000.00 -20,000.00 328,000.00 -220,000.00 -206,000.00 -138,000.00 330,000.00 -454,000.00 -310,000.00 -164,000.00 -49,000.00 -404,000.00 -270,000.00 -126,000.00 166,000.00 -292,000.00 -190,000.00 -84,000.00
Net Income Including Non-Controlling Interests 11,000.00 372,000.00 0.00 -1,102,000.00 1,485,000.00 1,145,000.00 212,000.00 358,000.00 2,004,000.00 391,000.00 157,000.00 77,000.00 366,000.00 70,000.00 88,000.00 -717,000.00 548,000.00 450,000.00 290,000.00
Net Income Non-Controlling Interests 16,000.00 10,000.00 1,000.00 -4,000.00 34,000.00 11,000.00 6,000.00 -19,000.00 29,000.00 13,000.00 5,000.00 39,000.00 -21,000.00 -26,000.00 1,000.00 -5,000.00 11,000.00 8,000.00 5,000.00
Net Income 27,000.00 382,000.00 1,000.00 -1,106,000.00 1,519,000.00 1,156,000.00 218,000.00 339,000.00 2,033,000.00 404,000.00 162,000.00 116,000.00 345,000.00 44,000.00 89,000.00 -722,000.00 559,000.00 458,000.00 295,000.00
EBIT 839,000.00 992,000.00 448,000.00 -1,506,000.00 2,034,000.00 1,526,000.00 434,000.00 -733,000.00 1,240,000.00 768,000.00 347,000.00 -76,000.00 779,000.00 289,000.00 217,000.00 -1,016,000.00 931,000.00 715,000.00 430,000.00
Deprecation and Amortization 897,000.00 596,000.00 293,000.00 -571,000.00 878,000.00 584,000.00 284,000.00 -531,000.00 843,000.00 558,000.00 275,000.00 -462,000.00 686,000.00 459,000.00 228,000.00 -393,000.00 583,000.00 390,000.00 193,000.00
EBITDA 1,736,000.00 1,588,000.00 741,000.00 -2,077,000.00 2,912,000.00 2,110,000.00 718,000.00 -1,264,000.00 2,083,000.00 1,326,000.00 622,000.00 -538,000.00 1,465,000.00 748,000.00 445,000.00 -1,409,000.00 1,514,000.00 1,105,000.00 623,000.00
EPS 0.00 0.00 -0.00 -0.00 0.01 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
Diluted EPS 0.00 0.00 -0.00 0.00 0.01 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
Average Shares Outstanding Basic 221,720.00 223,910.00 230,160.00 214,090.00 263,550.00 272,690.00 275,190.00 289,250.00 275,560.00 271,860.00 271,010.00 271,070.00 270,880.00 270,860.00 270,790.00 270,690.00 270,440.00 270,400.00 270,310.00
Average Shares Outstanding Diluted 222,300.00 224,320.00 230,160.00 214,690.00 263,770.00 272,870.00 275,310.00 304,940.00 283,440.00 271,970.00 271,170.00 271,350.00 271,100.00 271,110.00 271,160.00 271,500.00 271,140.00 271,100.00 271,140.00
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 1,367,000.00 783,000.00 273,000.00 -71,000.00 1,386,000.00 887,000.00 244,000.00 107,000.00 1,272,000.00 526,000.00 -9,000.00 1,242,000.00 330,000.00 -107,000.00 -202,000.00 -132,000.00 553,000.00 549,000.00 252,000.00
   Operating Net Income 37,000.00 386,000.00 -10,000.00 -1,637,000.00 1,655,000.00 1,261,000.00 268,000.00 642,000.00 1,668,000.00 138,000.00 11,000.00 -1,138,000.00 582,000.00 -178,000.00 145,000.00 -2,653,000.00 1,741,000.00 1,417,000.00 910,000.00
   Deprecation and Amortization 897,000.00 596,000.00 293,000.00 -571,000.00 878,000.00 584,000.00 284,000.00 -531,000.00 843,000.00 558,000.00 275,000.00 -462,000.00 686,000.00 459,000.00 228,000.00 -393,000.00 583,000.00 390,000.00 193,000.00
   Deferred Income Tax 353,000.00 306,000.00 336,000.00 -96,000.00 -1,000.00 31,000.00 32,000.00 3,058,000.00 -1,408,000.00 -17,000.00 -7,000.00 -132,000.00 -6,000.00 -5,000.00 -1,000.00 -62,000.00 -5,000.00 4,000.00 3,000.00
   Share Based Compensation 113,000.00 71,000.00 32,000.00 -55,000.00 91,000.00 57,000.00 27,000.00 -37,000.00 82,000.00 51,000.00 19,000.00 -30,000.00 65,000.00 46,000.00 5,000.00 -75,000.00 76,000.00 57,000.00 29,000.00
   Change in Working Capital 1,190,000.00 923,000.00 453,000.00 -426,000.00 254,000.00 -90,000.00 -99,000.00 -412,000.00 358,000.00 316,000.00 89,000.00 -489,000.00 681,000.00 332,000.00 437,000.00 -358,000.00 604,000.00 398,000.00 259,000.00
   Other Operating Activities -1,223,000.00 -1,499,000.00 -831,000.00 2,714,000.00 -1,491,000.00 -956,000.00 -268,000.00 -2,613,000.00 -271,000.00 -520,000.00 -396,000.00 3,493,000.00 -1,678,000.00 -761,000.00 -1,016,000.00 3,409,000.00 -2,446,000.00 -1,717,000.00 -1,142,000.00
Investing Cash Flow -345,000.00 -212,000.00 -203,000.00 1,711,000.00 -1,084,000.00 -829,000.00 -305,000.00 692,000.00 -795,000.00 -590,000.00 -309,000.00 -3,099,000.00 -913,000.00 -705,000.00 -465,000.00 189,000.00 -470,000.00 -314,000.00 -134,000.00
   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 491,000.00 348,000.00 198,000.00 -589,000.00 667,000.00 493,000.00 265,000.00 -559,000.00 706,000.00 494,000.00 269,000.00 -527,000.00 669,000.00 457,000.00 249,000.00 -212,000.00 434,000.00 263,000.00 135,000.00
   Net Purchase/Sale of Investments Net 12,000.00 1,000.00 0 0 0 0 0 0 0 0 0 -5,000.00 3,000.00 3,000.00 2,000.00 29,000.00 14,000.00 0 0
   Net Purchase/Sale of Business 214,000.00 214,000.00 12,000.00 -528,000.00 569,000.00 488,000.00 40,000.00 -212,000.00 106,000.00 106,000.00 75,000.00 3,608,000.00 262,000.00 261,000.00 221,000.00 39,000.00 47,000.00 46,000.00 0
   Other Investing Activities -1,062,000.00 -775,000.00 -413,000.00 2,828,000.00 -2,320,000.00 -1,810,000.00 -610,000.00 1,463,000.00 -1,607,000.00 -1,190,000.00 -653,000.00 -6,175,000.00 -1,847,000.00 -1,426,000.00 -937,000.00 333,000.00 -965,000.00 -623,000.00 -269,000.00
Financing Cash Flow -985,000.00 -732,000.00 -553,000.00 -187,000.00 -888,000.00 -264,000.00 -626,000.00 -303,000.00 -201,000.00 -181,000.00 -122,000.00 -4,822,000.00 2,376,000.00 2,394,000.00 2,411,000.00 117,000.00 -128,000.00 -103,000.00 -77,000.00
   Net Issuance/Repayment of Debt -211,000.00 -458,000.00 -279,000.00 383,000.00 5,421,000.00 -11,000.00 -6,000.00 310,000.00 -14,000.00 -6,000.00 -4,000.00 7,000.00 -1,000.00 -2,000.00 -1,000.00 12,000.00 -14,000.00 -4,000.00 -8,000.00
   Net Issuance/Repurchase of Equity 96,000.00 0 0 -1,630,000.00 4,104,000.00 1,030,000.00 600,000.00 134,000.00 98,000.00 98,000.00 68,000.00 0 0 0 0 0 0 0 0
   Dividends Paid 6,000.00 0 0 0 0 0 0 -46,000.00 32,000.00 32,000.00 16,000.00 -47,000.00 55,000.00 40,000.00 24,000.00 -32,000.00 47,000.00 32,000.00 16,000.00
   Other Financing Activities -876,000.00 -274,000.00 -274,000.00 1,060,000.00 -10,413,000.00 -1,283,000.00 -1,220,000.00 -701,000.00 -317,000.00 -305,000.00 -202,000.00 -4,782,000.00 2,322,000.00 2,356,000.00 2,388,000.00 137,000.00 -161,000.00 -131,000.00 -85,000.00
Net Change in Cash 69,000.00 -125,000.00 -473,000.00 1,450,000.00 -586,000.00 -231,000.00 -699,000.00 523,000.00 253,000.00 -253,000.00 -438,000.00 -6,618,000.00 1,739,000.00 1,557,000.00 1,738,000.00 192,000.00 -60,000.00 125,000.00 29,000.00
   Cash at Beginning of Period 1,574,000.00 1,574,000.00 1,574,000.00 124,000.00 1,640,000.00 1,640,000.00 1,640,000.00 1,117,000.00 1,555,000.00 1,555,000.00 1,555,000.00 8,173,000.00 3,139,000.00 3,139,000.00 3,139,000.00 2,947,000.00 2,853,000.00 2,853,000.00 2,853,000.00
   Cash at End of Period 1,643,000.00 1,449,000.00 1,101,000.00 1,574,000.00 1,054,000.00 1,409,000.00 941,000.00 1,640,000.00 1,808,000.00 1,302,000.00 1,117,000.00 1,555,000.00 4,878,000.00 4,696,000.00 4,877,000.00 3,139,000.00 2,793,000.00 2,978,000.00 2,882,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0