ARQT
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -12.01 | -0.85 | -2.61 | -4.96 | |
| Price to Sales | 8.57 | 3.76 | 220.90 | ||
| Book Value Per Common Share | 1.34 | 0.92 | 3.43 | 5.92 | 6.24 |
| Price to Book | 10.42 | 3.53 | 4.31 | 3.50 | 4.50 |
| Price to Operating Cash Flow | -15.02 | -0.91 | -3.16 | -5.87 | -10.79 |
| 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 | -72.50 | -43.81 | -78.20 | -8.61 | -12.40 | -30.97 | -1.66 | -3.87 | -8.40 | -4.23 | -8.26 | -15.17 | -8.69 | -17.06 | ||||||
| Price to Sales | 9.70 | 12.04 | 29.94 | 8.89 | 13.56 | 22.20 | 7.08 | 73.31 | 241.76 | 1394.89 | ||||||||||
| Book Value Per Common Share | 1.31 | 1.16 | 1.20 | 1.34 | 1.34 | 1.60 | 1.95 | 0.92 | 0.76 | 1.31 | 2.28 | 3.43 | 4.45 | 3.79 | 4.94 | 5.92 | 7.24 | 8.28 | 9.04 | 6.24 |
| Price to Book | 14.34 | 12.09 | 13.06 | 10.42 | 6.95 | 5.81 | 5.09 | 3.53 | 7.03 | 7.30 | 4.83 | 4.31 | 4.30 | 5.62 | 3.90 | 3.50 | 3.30 | 3.30 | 3.20 | 4.50 |
| Price to Operating Cash Flow | -75.19 | -59.01 | -64.90 | -9.99 | -14.21 | -34.82 | -1.71 | -3.98 | -8.37 | -5.43 | -9.13 | -17.08 | -9.55 | -16.18 | -31.24 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 229.74 | 1517.09 | |||
| 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 | 67.34 | 123.78 | 55.65 | 62.25 | 1686.91 | 478.10 | 186.62 | -6.08 | ||||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.89 | 3.94 | 7.44 | 7.83 | 6.56 |
| Quick Ratio | 3.72 | 6.40 | 11.06 | ||
| Current Ratio | 4.15 | 7.08 | 11.57 | 12.09 | 12.96 |
| Debt to Equity | 1.21 | 2.85 | 1.14 | 0.37 | 0.10 |
| Long-Term Debt to Equity | 0.70 | 2.32 | 0.96 | 0.26 | 0.02 |
| 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 | 1.51 | 1.51 | 1.58 | 1.94 | 2.77 | 3.10 | 3.64 | 2.82 | 3.70 | 4.38 | 5.43 | 6.71 | 8.99 | 5.54 | 6.80 | 7.70 | 7.47 | 8.41 | 8.92 | 6.56 |
| Quick Ratio | 3.07 | 2.87 | 3.12 | 3.72 | 2.27 | 7.92 | 9.34 | 6.40 | 5.89 | 7.80 | 9.32 | 11.06 | 12.92 | |||||||
| Current Ratio | 3.50 | 3.20 | 3.55 | 4.15 | 2.46 | 8.46 | 9.89 | 7.08 | 6.72 | 8.43 | 9.93 | 11.57 | 13.39 | 10.75 | 10.89 | 12.09 | 20.03 | 32.03 | 30.43 | 12.96 |
| Debt to Equity | 1.35 | 1.54 | 1.41 | 1.21 | 1.79 | 1.39 | 1.13 | 2.85 | 5.27 | 2.98 | 1.72 | 1.14 | 0.88 | 0.54 | 0.43 | 0.37 | 0.07 | 0.04 | 0.05 | 0.10 |
| Long-Term Debt to Equity | 0.72 | 0.79 | 0.77 | 0.70 | 0.69 | 1.11 | 0.92 | 2.32 | 4.37 | 2.53 | 1.45 | 0.96 | 0.74 | 0.40 | 0.30 | 0.26 | 0.01 | 0.01 | 0.01 | 0.02 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -40.14 | -76.79 | -69.32 | -50.56 | -45.49 |
| ROE | -88.89 | -295.65 | -148.61 | -69.32 | -50.14 |
| Gross Margin | 81.53 | 91.63 | |||
| Operating Margin | -8025.12 | ||||
| EBITDA Margin | -7930.01 | ||||
| Net Profit Margin | -71.25 | -439.79 | -8449.76 |
| 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 | -9.04 | -11.62 | -7.28 | -29.55 | -19.72 | -7.39 | -66.85 | -47.11 | -21.11 | -47.05 | -43.84 | -17.67 | -34.89 | -18.03 | -7.65 | |||||
| ROE | -21.22 | -29.46 | -17.57 | -82.51 | -47.05 | -15.73 | -419.24 | -187.67 | -57.32 | -88.43 | -67.42 | -25.35 | -37.20 | -18.83 | -7.99 | |||||
| Gross Margin | 81.38 | 80.25 | 77.70 | 90.24 | 91.64 | 93.43 | ||||||||||||||
| Operating Margin | -1714.97 | -2627.04 | -31820.97 | |||||||||||||||||
| EBITDA Margin | -1653.38 | -2533.15 | -31719.59 | |||||||||||||||||
| Net Profit Margin | -13.60 | -27.79 | -38.06 | -103.25 | -109.06 | -71.38 | -425.03 | -1895.51 | -2880.26 | -33026.07 |
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 | 348,889.00 | 341,365.00 | 449,274.00 | 408,152.00 | 298,269.00 |
| Current Assets | 335,820.00 | 330,431.00 | 437,406.00 | 402,773.00 | 292,826.00 |
| Cash and Short-Term Investments | 228,572.00 | 272,786.00 | 409,589.00 | 387,059.00 | 284,441.00 |
| Cash and Cash Equivalents | 71,952.00 | 89,323.00 | 53,641.00 | 96,449.00 | 65,082.00 |
| Short-Term Investments | 156,620.00 | 183,463.00 | 355,948.00 | 290,610.00 | 219,359.00 |
| Net Receivables | 73,066.00 | 25,807.00 | 8,458.00 | 0 | 0 |
| Inventory | 14,526.00 | 13,134.00 | 7,514.00 | 0 | 0 |
| Other Current Assets | 19,656.00 | 18,704.00 | 11,845.00 | 15,714.00 | 8,385.00 |
| Non-Current Assets | 13,069.00 | 10,934.00 | 11,868.00 | 5,379.00 | 5,443.00 |
| Property, Plant, Equipment Net | 2,994.00 | 3,900.00 | 4,602.00 | 5,301.00 | 5,365.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 9,479.00 | 6,438.00 | 7,188.00 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 596.00 | 596.00 | 78.00 | 78.00 | 78.00 |
| Liabilities | 191,348.00 | 252,698.00 | 239,693.00 | 110,475.00 | 27,648.00 |
| Current Liabilities | 81,013.00 | 46,668.00 | 37,807.00 | 33,326.00 | 22,602.00 |
| Payables and Expenses | 80,193.00 | 45,933.00 | 37,150.00 | 32,893.00 | 22,602.00 |
| Account Payables | 14,220.00 | 11,992.00 | 8,827.00 | 7,353.00 | 7,140.00 |
| Current Accrued Liabilities | 65,973.00 | 33,941.00 | 28,323.00 | 25,540.00 | 15,462.00 |
| Short-Term Debt | 820.00 | 735.00 | 657.00 | 433.00 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 110,335.00 | 206,030.00 | 201,886.00 | 77,149.00 | 5,046.00 |
| Long-Term Debt | 109,765.00 | 205,181.00 | 201,886.00 | 77,124.00 | 4,964.00 |
| Other Non-Current Liabilities | 570.00 | 849.00 | 0.00 | 25.00 | 82.00 |
| Equity | 157,541.00 | 88,667.00 | 209,581.00 | 297,677.00 | 270,621.00 |
| Shareholders Equity | 157,541.00 | 88,667.00 | 209,581.00 | 297,677.00 | 270,621.00 |
| Capital Stock | 12.00 | 9.00 | 6.00 | 5.00 | 4.00 |
| Share Premium | 1,279,479.00 | 1,070,558.00 | 930,425.00 | 706,233.00 | 472,569.00 |
| Retained Earnings | -1,121,943.00 | -981,904.00 | -719,764.00 | -408,306.00 | -201,950.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -7.00 | 4.00 | -1,086.00 | -255.00 | -2.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 156,620.00 | 183,463.00 | 355,948.00 | 290,610.00 | 219,359.00 |
| Debt | 110,585.00 | 205,916.00 | 202,543.00 | 77,557.00 | 4,964.00 |
| Common Shares Outstanding | 117,848.03 | 96,787.34 | 61,036.79 | 50,255.61 | 43,338.44 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 196,542.00 | 59,606.00 | 3,686.00 | 0 | 0 |
| Cost Of Revenue | 36,297.00 | 4,987.00 | 0 | 0 | 0 |
| Gross Profit | 160,245.00 | 54,619.00 | 0 | 0 | 0 |
| Operating Expenses | 288,642.00 | 295,720.00 | 305,313.00 | 206,529.00 | 136,645.00 |
| Selling, General and Administrative Expenses | 458,299.00 | 185,145.00 | 122,124.00 | 60,971.00 | 21,337.00 |
| Research and Development Expenses | 96,052.00 | 110,575.00 | 182,435.00 | 145,558.00 | 115,308.00 |
| Other Operating Expenses | -265,709.00 | 0.00 | 754.00 | 0.00 | 0.00 |
| Operating Income | -128,397.00 | -241,101.00 | -301,627.00 | -206,529.00 | -136,645.00 |
| Net Non-Operating Income | 0 | 0 | -9,831.00 | 173.00 | 967.00 |
| Interest Expense | 27,168.00 | 29,712.00 | 15,652.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | -311,458.00 | -206,356.00 | -135,678.00 |
| Income Tax | 647.00 | 3,113.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -140,039.00 | -262,140.00 | -311,458.00 | -206,356.00 | -135,678.00 |
| EBIT | 0 | 0 | -295,806.00 | -206,356.00 | -135,678.00 |
| Deprecation and Amortization | 11,908.00 | 9,970.00 | 3,506.00 | 2,691.00 | 383.00 |
| EBITDA | 0 | 0 | -292,300.00 | -203,665.00 | -135,295.00 |
| EPS | -0.00 | -0.00 | -0.01 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.01 | -0.00 | 0 |
| Average Shares Outstanding Basic | 120,957.63 | 69,305.49 | 55,032.26 | 49,405.57 | 0 |
| Average Shares Outstanding Diluted | 120,957.63 | 69,305.49 | 55,032.26 | 49,405.57 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -112,158.00 | -247,057.00 | -257,715.00 | -174,627.00 | -113,033.00 |
| Operating Net Income | -420,117.00 | -262,140.00 | -311,458.00 | -206,356.00 | -135,678.00 |
| Deprecation and Amortization | 11,908.00 | 9,970.00 | 3,506.00 | -2,691.00 | 383.00 |
| Deferred Income Tax | -152.00 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 41,730.00 | 38,813.00 | 32,682.00 | 23,892.00 | 7,943.00 |
| Change in Working Capital | 82,869.00 | 40,336.00 | 15,258.00 | 18,035.00 | 20,963.00 |
| Other Operating Activities | 171,604.00 | -74,036.00 | 2,297.00 | -7,507.00 | -6,644.00 |
| Investing Cash Flow | 28,820.00 | 180,232.00 | -87,199.00 | -75,953.00 | -181,824.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 5,143.00 | 428.00 | 7,833.00 | 995.00 | 321.00 |
| Net Purchase/Sale of Investments Net | 543,603.00 | 632,340.00 | 766,862.00 | 510,058.00 | 376,703.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -519,926.00 | -452,536.00 | -861,894.00 | -587,006.00 | -558,848.00 |
| Financing Cash Flow | 66,202.00 | 101,323.00 | 301,798.00 | 281,947.00 | 298,145.00 |
| Net Issuance/Repayment of Debt | 100,000.00 | 0 | 125,000.00 | 73,987.00 | 0 |
| Net Issuance/Repurchase of Equity | 164,489.00 | 1,247.00 | 162,608.00 | 208,755.00 | 297,528.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -198,287.00 | 100,076.00 | 14,190.00 | -795.00 | 617.00 |
| Net Change in Cash | -17,371.00 | 34,448.00 | -43,116.00 | 31,367.00 | 3,288.00 |
| Cash at Beginning of Period | 89,323.00 | 54,875.00 | 97,991.00 | 66,624.00 | 63,336.00 |
| Cash at End of Period | 71,952.00 | 89,323.00 | 54,875.00 | 97,991.00 | 66,624.00 |
| 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 | 370,977.00 | 352,433.00 | 344,105.00 | 348,889.00 | 437,354.00 | 444,759.00 | 478,541.00 | 341,365.00 | 292,959.00 | 320,689.00 | 379,458.00 | 449,274.00 | 508,914.00 | 300,464.00 | 364,109.00 | 408,152.00 | 387,008.00 | 432,892.00 | 471,416.00 | 298,269.00 |
| Current Assets | 349,224.00 | 332,778.00 | 323,671.00 | 335,820.00 | 423,720.00 | 434,591.00 | 468,062.00 | 330,431.00 | 281,548.00 | 308,868.00 | 367,676.00 | 437,406.00 | 496,719.00 | 295,426.00 | 358,918.00 | 402,773.00 | 381,770.00 | 427,554.00 | 465,975.00 | 292,826.00 |
| Cash and Short-Term Investments | 191,376.00 | 191,131.00 | 198,705.00 | 228,572.00 | 331,178.00 | 363,054.00 | 404,483.00 | 272,786.00 | 227,113.00 | 268,671.00 | 332,405.00 | 409,589.00 | 476,963.00 | 282,169.00 | 343,601.00 | 387,059.00 | 367,270.00 | 409,364.00 | 444,927.00 | 284,441.00 |
| Cash and Cash Equivalents | 47,428.00 | 73,048.00 | 53,721.00 | 71,952.00 | 135,468.00 | 84,887.00 | 190,714.00 | 89,323.00 | 107,471.00 | 105,114.00 | 81,405.00 | 53,641.00 | 81,543.00 | 61,512.00 | 69,795.00 | 96,449.00 | 51,778.00 | 89,128.00 | 288,690.00 | 65,082.00 |
| Short-Term Investments | 143,948.00 | 118,083.00 | 144,984.00 | 156,620.00 | 195,710.00 | 278,167.00 | 213,769.00 | 183,463.00 | 119,642.00 | 163,557.00 | 251,000.00 | 355,948.00 | 395,420.00 | 220,657.00 | 273,806.00 | 290,610.00 | 315,492.00 | 320,236.00 | 156,237.00 | 219,359.00 |
| Net Receivables | 115,116.00 | 106,688.00 | 85,415.00 | 73,066.00 | 60,119.00 | 43,411.00 | 37,154.00 | 25,807.00 | 19,417.00 | 17,207.00 | 12,769.00 | 8,458.00 | 2,431.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 22,419.00 | 16,324.00 | 16,614.00 | 14,526.00 | 14,015.00 | 13,880.00 | 13,247.00 | 13,134.00 | 13,913.00 | 10,474.00 | 8,551.00 | 7,514.00 | 4,307.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 20,313.00 | 18,635.00 | 22,937.00 | 19,656.00 | 18,408.00 | 14,246.00 | 13,178.00 | 18,704.00 | 21,105.00 | 12,516.00 | 13,951.00 | 11,845.00 | 13,018.00 | 13,257.00 | 15,317.00 | 15,714.00 | 14,500.00 | 18,190.00 | 21,048.00 | 8,385.00 |
| Non-Current Assets | 21,753.00 | 19,655.00 | 20,434.00 | 13,069.00 | 13,634.00 | 10,168.00 | 10,479.00 | 10,934.00 | 11,411.00 | 11,821.00 | 11,782.00 | 11,868.00 | 12,195.00 | 5,038.00 | 5,191.00 | 5,379.00 | 5,238.00 | 5,338.00 | 5,441.00 | 5,443.00 |
| Property, Plant, Equipment Net | 5,782.00 | 3,122.00 | 3,338.00 | 2,994.00 | 3,246.00 | 3,510.00 | 3,633.00 | 3,900.00 | 4,190.00 | 4,413.00 | 4,704.00 | 4,602.00 | 4,742.00 | 4,960.00 | 5,113.00 | 5,301.00 | 5,160.00 | 5,260.00 | 5,363.00 | 5,365.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 15,375.00 | 15,937.00 | 16,500.00 | 9,479.00 | 9,792.00 | 6,063.00 | 6,250.00 | 6,438.00 | 6,625.00 | 6,812.00 | 7,000.00 | 7,188.00 | 7,375.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 596.00 | 596.00 | 596.00 | 596.00 | 596.00 | 595.00 | 596.00 | 596.00 | 596.00 | 596.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 | 78.00 |
| Liabilities | 212,904.00 | 213,459.00 | 201,447.00 | 191,348.00 | 280,713.00 | 258,332.00 | 253,599.00 | 252,698.00 | 246,242.00 | 240,181.00 | 239,726.00 | 239,693.00 | 238,140.00 | 105,082.00 | 110,337.00 | 110,475.00 | 24,013.00 | 18,404.00 | 20,422.00 | 27,648.00 |
| Current Liabilities | 99,770.00 | 103,936.00 | 91,129.00 | 81,013.00 | 172,426.00 | 51,352.00 | 47,309.00 | 46,668.00 | 41,889.00 | 36,659.00 | 37,025.00 | 37,807.00 | 37,102.00 | 27,482.00 | 32,963.00 | 33,326.00 | 19,058.00 | 13,347.00 | 15,314.00 | 22,602.00 |
| Payables and Expenses | 98,770.00 | 102,936.00 | 90,287.00 | 80,193.00 | 72,115.00 | 50,575.00 | 46,553.00 | 45,933.00 | 41,174.00 | 35,964.00 | 36,349.00 | 37,150.00 | 36,463.00 | 26,900.00 | 32,456.00 | 32,893.00 | 18,752.00 | 13,241.00 | 15,314.00 | 22,602.00 |
| Account Payables | 5,795.00 | 15,082.00 | 24,529.00 | 14,220.00 | 19,325.00 | 7,943.00 | 12,969.00 | 11,992.00 | 13,179.00 | 17,156.00 | 12,485.00 | 8,827.00 | 8,666.00 | 8,437.00 | 12,466.00 | 7,353.00 | 4,871.00 | 2,676.00 | 3,146.00 | 7,140.00 |
| Current Accrued Liabilities | 92,975.00 | 87,854.00 | 65,758.00 | 65,973.00 | 52,790.00 | 42,632.00 | 33,584.00 | 33,941.00 | 27,995.00 | 18,808.00 | 23,864.00 | 28,323.00 | 27,797.00 | 18,463.00 | 19,990.00 | 25,540.00 | 13,881.00 | 10,565.00 | 12,168.00 | 15,462.00 |
| Short-Term Debt | 1,000.00 | 1,000.00 | 842.00 | 820.00 | 199,811.00 | 777.00 | 756.00 | 735.00 | 715.00 | 695.00 | 676.00 | 657.00 | 639.00 | 582.00 | 507.00 | 433.00 | 306.00 | 106.00 | 0 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | -99,500.00 | 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 |
| Non-Current Liabilities | 113,134.00 | 109,523.00 | 110,318.00 | 110,335.00 | 108,287.00 | 206,980.00 | 206,290.00 | 206,030.00 | 204,353.00 | 203,522.00 | 202,701.00 | 201,886.00 | 201,038.00 | 77,600.00 | 77,374.00 | 77,149.00 | 4,955.00 | 5,057.00 | 5,108.00 | 5,046.00 |
| Long-Term Debt | 112,774.00 | 109,163.00 | 109,958.00 | 109,765.00 | 107,867.00 | 206,786.00 | 205,984.00 | 205,181.00 | 204,353.00 | 203,522.00 | 202,701.00 | 201,886.00 | 201,038.00 | 77,588.00 | 77,355.00 | 77,124.00 | 4,924.00 | 5,032.00 | 5,050.00 | 4,964.00 |
| Other Non-Current Liabilities | 360.00 | 360.00 | 360.00 | 570.00 | 420.00 | 194.00 | 306.00 | 849.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 12.00 | 19.00 | 25.00 | 31.00 | 25.00 | 58.00 | 82.00 |
| Equity | 158,073.00 | 138,974.00 | 142,658.00 | 157,541.00 | 156,641.00 | 186,427.00 | 224,942.00 | 88,667.00 | 46,717.00 | 80,508.00 | 139,732.00 | 209,581.00 | 270,774.00 | 195,382.00 | 253,772.00 | 297,677.00 | 362,995.00 | 414,488.00 | 450,994.00 | 270,621.00 |
| Shareholders Equity | 158,073.00 | 138,974.00 | 142,658.00 | 157,541.00 | 156,641.00 | 186,427.00 | 224,942.00 | 88,667.00 | 46,717.00 | 80,508.00 | 139,732.00 | 209,581.00 | 270,774.00 | 195,382.00 | 253,772.00 | 297,677.00 | 362,995.00 | 414,488.00 | 450,994.00 | 270,621.00 |
| Capital Stock | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 12.00 | 9.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 4.00 |
| Share Premium | 1,313,602.00 | 1,301,886.00 | 1,289,789.00 | 1,279,479.00 | 1,267,251.00 | 1,256,327.00 | 1,242,349.00 | 1,070,558.00 | 962,515.00 | 951,649.00 | 940,004.00 | 930,425.00 | 920,109.00 | 736,665.00 | 727,417.00 | 706,233.00 | 699,988.00 | 694,519.00 | 688,939.00 | 472,569.00 |
| Retained Earnings | -1,155,479.00 | -1,162,889.00 | -1,147,003.00 | -1,121,943.00 | -1,111,155.00 | -1,069,618.00 | -1,017,286.00 | -981,904.00 | -915,620.00 | -870,855.00 | -799,864.00 | -719,764.00 | -647,745.00 | -540,036.00 | -472,630.00 | -408,306.00 | -336,980.00 | -280,000.00 | -237,992.00 | -201,950.00 |
| 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 | -62.00 | -35.00 | -140.00 | -7.00 | 533.00 | -294.00 | -133.00 | 4.00 | -184.00 | -292.00 | -414.00 | -1,086.00 | -1,596.00 | -1,252.00 | -1,020.00 | -255.00 | -18.00 | -36.00 | 42.00 | -2.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 143,948.00 | 118,083.00 | 144,984.00 | 156,620.00 | 195,710.00 | 278,167.00 | 213,769.00 | 183,463.00 | 119,642.00 | 163,557.00 | 251,000.00 | 355,948.00 | 395,420.00 | 220,657.00 | 273,806.00 | 290,610.00 | 315,492.00 | 320,236.00 | 156,237.00 | 219,359.00 |
| Debt | 113,774.00 | 110,163.00 | 110,800.00 | 110,585.00 | 307,678.00 | 207,563.00 | 206,740.00 | 205,916.00 | 205,068.00 | 204,217.00 | 203,377.00 | 202,543.00 | 201,677.00 | 78,170.00 | 77,862.00 | 77,557.00 | 5,230.00 | 5,138.00 | 5,050.00 | 4,964.00 |
| Common Shares Outstanding | 120,288.15 | 119,797.74 | 119,137.79 | 117,848.03 | 116,998.83 | 116,480.27 | 115,505.44 | 96,787.34 | 61,858.04 | 61,630.02 | 61,357.93 | 61,036.79 | 60,908.64 | 51,526.15 | 51,360.35 | 50,255.61 | 50,134.81 | 50,045.60 | 49,887.01 | 43,338.44 |
| 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 | 246,569.00 | 147,350.00 | 65,846.00 | -58,636.00 | 125,182.00 | 80,427.00 | 49,569.00 | 2,774.00 | 46,080.00 | 7,971.00 | 2,781.00 | 2,961.00 | 725.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Revenue | 45,910.00 | 29,102.00 | 14,681.00 | 14,098.00 | 12,223.00 | 6,720.00 | 3,256.00 | 4,987.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 200,659.00 | 118,248.00 | 51,165.00 | -72,734.00 | 112,959.00 | 73,707.00 | 46,313.00 | 54,619.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 231,273.00 | 157,388.00 | 75,694.00 | -178,423.00 | 233,724.00 | 155,406.00 | 77,935.00 | -160,337.00 | 226,012.00 | 150,999.00 | 79,046.00 | -119,698.00 | 233,928.00 | 128,455.00 | 62,628.00 | -42,964.00 | 135,243.00 | 78,165.00 | 36,085.00 |
| Selling, General and Administrative Expenses | 390,762.00 | 266,089.00 | 127,886.00 | 118,754.00 | 171,784.00 | 112,967.00 | 54,794.00 | -83,120.00 | 136,471.00 | 88,876.00 | 42,918.00 | -34,611.00 | 85,101.00 | 49,628.00 | 22,006.00 | -21,495.00 | 42,243.00 | 25,769.00 | 14,454.00 |
| Research and Development Expenses | 70,062.00 | 45,678.00 | 21,360.00 | -31,468.00 | 61,940.00 | 42,439.00 | 23,141.00 | -72,134.00 | 86,800.00 | 60,564.00 | 35,345.00 | -85,572.00 | 148,558.00 | 78,827.00 | 40,622.00 | -21,469.00 | 93,000.00 | 52,396.00 | 21,631.00 |
| Other Operating Expenses | -229,551.00 | -154,379.00 | -73,552.00 | -265,709.00 | 0.00 | 0.00 | 0.00 | -5,083.00 | 2,741.00 | 1,559.00 | 783.00 | 485.00 | 269.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -30,614.00 | -39,140.00 | -24,529.00 | 105,689.00 | -120,765.00 | -81,699.00 | -31,622.00 | 158,124.00 | -179,932.00 | -143,028.00 | -76,265.00 | 122,659.00 | -233,203.00 | -128,455.00 | -62,628.00 | 42,964.00 | -135,243.00 | -78,165.00 | -36,085.00 |
| Net Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,063.00 | -3,835.00 | 1,376.00 | -6,236.00 | -3,275.00 | -1,696.00 | -198.00 | 213.00 | 115.00 | 43.00 |
| Interest Expense | 9,082.00 | 6,011.00 | 2,982.00 | -16,893.00 | 21,617.00 | 14,964.00 | 7,480.00 | -13,671.00 | 21,950.00 | 14,391.00 | 7,042.00 | 1,239.00 | 8,737.00 | 3,838.00 | 1,838.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -151,091.00 | -80,100.00 | 124,035.00 | -239,439.00 | -131,730.00 | -64,324.00 | 42,766.00 | -135,030.00 | -78,050.00 | -36,042.00 |
| Income Tax | 701.00 | 621.00 | 279.00 | -325.00 | 324.00 | 324.00 | 324.00 | 25.00 | 3,088.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -33,536.00 | -40,946.00 | -25,060.00 | 112,308.00 | -129,251.00 | -87,714.00 | -35,382.00 | 164,907.00 | -195,856.00 | -151,091.00 | -80,100.00 | 124,035.00 | -239,439.00 | -131,730.00 | -64,324.00 | 42,766.00 | -135,030.00 | -78,050.00 | -36,042.00 |
| EBIT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -136,700.00 | -73,058.00 | 125,274.00 | -230,702.00 | -127,892.00 | -62,486.00 | 42,766.00 | -135,030.00 | -78,050.00 | -36,042.00 |
| Deprecation and Amortization | 10,309.00 | 8,596.00 | 7,102.00 | -5,139.00 | 9,847.00 | 5,020.00 | 2,180.00 | -4,469.00 | 6,919.00 | 4,909.00 | 2,611.00 | 1,955.00 | 735.00 | 427.00 | 389.00 | -819.00 | 2,017.00 | 1,055.00 | 438.00 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -131,791.00 | -70,447.00 | 127,229.00 | -229,967.00 | -127,465.00 | -62,097.00 | 41,947.00 | -133,013.00 | -76,995.00 | -35,604.00 |
| 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 |
| 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 |
| Average Shares Outstanding Basic | 126,891.00 | 126,519.00 | 126,036.86 | 135,889.63 | 119,627.69 | 117,264.69 | 111,048.52 | 93,290.26 | 61,462.03 | 61,300.58 | 61,169.09 | 65,616.11 | 53,028.96 | 50,970.46 | 50,513.52 | 99,837.27 | 49,136.77 | 48,648.26 | 0 |
| Average Shares Outstanding Diluted | 126,891.00 | 126,519.00 | 126,036.86 | 135,889.63 | 119,627.69 | 117,264.69 | 111,048.52 | 93,290.26 | 61,462.03 | 61,300.58 | 61,169.09 | 65,616.11 | 53,028.96 | 50,970.46 | 50,513.52 | 99,837.27 | 49,136.77 | 48,648.26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -31,810.00 | -30,056.00 | -30,380.00 | 107,577.00 | -111,410.00 | -76,722.00 | -31,603.00 | 170,929.00 | -190,813.00 | -146,829.00 | -80,344.00 | 104,865.00 | -186,650.00 | -118,955.00 | -56,975.00 | 76,528.00 | -122,918.00 | -82,034.00 | -46,203.00 |
| Operating Net Income | -33,536.00 | -40,946.00 | -75,180.00 | -167,770.00 | -129,251.00 | -87,714.00 | -35,382.00 | 164,907.00 | -195,856.00 | -151,091.00 | -80,100.00 | 124,035.00 | -239,439.00 | -131,730.00 | -64,324.00 | 42,766.00 | -135,030.00 | -78,050.00 | -36,042.00 |
| Deprecation and Amortization | 10,309.00 | 8,596.00 | 7,102.00 | -5,139.00 | 9,847.00 | 5,020.00 | 2,180.00 | -4,469.00 | 6,919.00 | 4,909.00 | 2,611.00 | 3,587.00 | 735.00 | -427.00 | -389.00 | 819.00 | -2,017.00 | -1,055.00 | -438.00 |
| Deferred Income Tax | 0 | 0 | 0 | -152.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 30,304.00 | 20,267.00 | 9,778.00 | -23,190.00 | 32,337.00 | 22,553.00 | 10,030.00 | -20,779.00 | 30,056.00 | 20,057.00 | 9,479.00 | -11,898.00 | 23,418.00 | 14,629.00 | 6,533.00 | -15,660.00 | 18,206.00 | 12,843.00 | 8,503.00 |
| Change in Working Capital | 68,283.00 | 55,917.00 | 17,677.00 | 2,498.00 | 55,334.00 | 18,455.00 | 6,582.00 | -9,809.00 | 31,467.00 | 11,998.00 | 6,680.00 | 17,133.00 | 6,399.00 | -7,938.00 | -336.00 | 8,670.00 | 2,749.00 | 834.00 | 5,782.00 |
| Other Operating Activities | -107,170.00 | -73,890.00 | 10,243.00 | 301,330.00 | -79,677.00 | -35,036.00 | -15,013.00 | 41,079.00 | -63,399.00 | -32,702.00 | -19,014.00 | -27,992.00 | 22,237.00 | 6,511.00 | 1,541.00 | 39,933.00 | -6,826.00 | -16,606.00 | -24,008.00 |
| Investing Cash Flow | 3,926.00 | 29,173.00 | 11,750.00 | 154,408.00 | -6,057.00 | -90,834.00 | -28,697.00 | -366,806.00 | 242,418.00 | 196,869.00 | 107,751.00 | -40,958.00 | -129,400.00 | 67,862.00 | 15,297.00 | 64,426.00 | -99,452.00 | -102,923.00 | 61,996.00 |
| 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 | 10,686.00 | 10,686.00 | 608.00 | 5,000.00 | 143.00 | 0 | 0 | -434.00 | 422.00 | 358.00 | 82.00 | 7,295.00 | 210.00 | 204.00 | 124.00 | -890.00 | 734.00 | 597.00 | 554.00 |
| Net Purchase/Sale of Investments Net | 330,224.00 | 218,383.00 | 124,578.00 | -481,152.00 | 468,928.00 | 372,620.00 | 183,207.00 | -380,760.00 | 458,160.00 | 367,773.00 | 187,167.00 | -347,485.00 | 648,362.00 | 339,556.00 | 126,429.00 | -263,736.00 | 389,818.00 | 321,426.00 | 62,550.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -336,984.00 | -199,896.00 | -113,436.00 | 630,560.00 | -475,128.00 | -463,454.00 | -211,904.00 | 14,388.00 | -216,164.00 | -171,262.00 | -79,498.00 | 299,232.00 | -777,972.00 | -271,898.00 | -111,256.00 | 329,052.00 | -490,004.00 | -424,946.00 | -1,108.00 |
| Financing Cash Flow | 3,251.00 | 1,775.00 | 395.00 | -422,394.00 | 163,613.00 | 163,219.00 | 161,764.00 | 98,022.00 | 2,034.00 | 1,167.00 | 100.00 | -29,601.00 | 300,836.00 | 15,847.00 | 14,716.00 | -343,937.00 | 209,066.00 | 209,003.00 | 207,815.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 100,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 125,000.00 | 0 | 0 | 73,987.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 1,932.00 | 456.00 | 395.00 | -322,809.00 | 162,964.00 | 162,570.00 | 161,764.00 | -68.00 | 1,041.00 | 174.00 | 100.00 | -660.00 | 162,592.00 | 416.00 | 260.00 | -416,173.00 | 208,588.00 | 208,525.00 | 207,815.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 1,319.00 | 1,319.00 | 0.00 | -199,585.00 | 649.00 | 649.00 | 0.00 | 98,090.00 | 993.00 | 993.00 | 0.00 | -28,941.00 | 13,244.00 | 15,431.00 | 14,456.00 | -1,751.00 | 478.00 | 478.00 | 0.00 |
| Net Change in Cash | -24,524.00 | 1,096.00 | -18,231.00 | -160,471.00 | 46,145.00 | -4,436.00 | 101,391.00 | -97,692.00 | 53,521.00 | 51,164.00 | 27,455.00 | 34,306.00 | -15,214.00 | -35,246.00 | -26,962.00 | -202,983.00 | -13,304.00 | 24,046.00 | 223,608.00 |
| Cash at Beginning of Period | 71,952.00 | 71,952.00 | 71,952.00 | 232,423.00 | 89,323.00 | 89,323.00 | 89,323.00 | 187,015.00 | 54,875.00 | 54,875.00 | 54,875.00 | 20,569.00 | 97,991.00 | 97,991.00 | 97,991.00 | 300,974.00 | 66,624.00 | 66,624.00 | 66,624.00 |
| Cash at End of Period | 47,428.00 | 73,048.00 | 53,721.00 | 71,952.00 | 135,468.00 | 84,887.00 | 190,714.00 | 89,323.00 | 108,396.00 | 106,039.00 | 82,330.00 | 54,875.00 | 82,777.00 | 62,745.00 | 71,029.00 | 97,991.00 | 53,320.00 | 90,670.00 | 290,232.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |