ARWR
Valuation Ratios
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Price to Earnings | -3.87 | -13.99 | -19.79 | -45.90 |
| Price to Sales | 654.39 | 11.92 | 14.33 | 46.83 |
| Book Value Per Common Share | 1.49 | 2.53 | 3.76 | |
| Price to Book | 12.99 | 10.63 | 8.79 | |
| Price to Operating Cash Flow | -5.01 | -18.64 | -25.60 | 37.83 |
| Price to Free Cash Flow | -3.84 | -8.68 | -18.44 | 43.86 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -12.54 | 4.58 | -13.53 | -18.83 | -24.68 | -104.00 | -110.50 | -383.65 | ||||
| Price to Sales | 79.12 | 3.13 | 940.00 | 924.47 | 68.77 | 252.57 | 370.14 | |||||
| Book Value Per Common Share | 3.78 | 4.95 | 0.42 | 1.49 | 2.66 | 1.49 | 2.53 | 3.55 | 3.76 | |||
| Price to Book | 4.18 | 2.57 | 44.89 | 12.99 | 9.77 | 20.51 | 10.63 | 11.42 | 8.79 | |||
| Price to Operating Cash Flow | -14.20 | 3.69 | -16.05 | -27.97 | -27.89 | -56.95 | -112.97 | -202.56 | ||||
| Price to Free Cash Flow | -13.98 | 3.74 | -15.26 | -24.86 | -17.62 | -37.59 | -103.25 | -182.56 | ||||
| Enterprise Value to EBITDA | 44265.45 |
Earnings Data
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -98.52 | -1.03 | 75.89 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||
| Revenue YoY | -94.88 | 21608.36 | -94.32 | 127.95 | 28.80 | |||||||
| EBITDA YoY | ||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Cash Per Common Share | 5.68 | 3.78 | 3.57 | 3.55 |
| Quick Ratio | 2.72 | 2.58 | ||
| Current Ratio | 6.74 | 3.98 | 2.92 | 2.62 |
| Debt to Equity | 4.97 | 1.67 | 0.65 | 0.74 |
| Long-Term Debt to Equity | 4.43 | 1.30 | 0.32 | 0.38 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 6.48 | 8.23 | 4.43 | 5.48 | 3.50 | 2.05 | 3.76 | 4.73 | 3.55 | 3.16 | 3.53 | 2.97 |
| Quick Ratio | 4.68 | 4.99 | 5.92 | 4.44 | 2.72 | 2.41 | 2.58 | 12.53 | ||||
| Current Ratio | 4.87 | 5.15 | 6.09 | 6.74 | 4.65 | 3.73 | 3.98 | 4.71 | 2.92 | 2.47 | 2.62 | 12.90 |
| Debt to Equity | 1.66 | 1.30 | 17.08 | 4.97 | 1.61 | 2.61 | 1.67 | 1.25 | 0.65 | 0.71 | 0.74 | 0.10 |
| Long-Term Debt to Equity | 1.28 | 0.98 | 15.41 | 4.43 | 1.32 | 2.24 | 1.30 | 0.94 | 0.32 | 0.35 | 0.38 | 0.04 |
Profitability
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| ROA | -52.60 | -26.81 | -25.44 | -19.83 |
| ROE | -313.77 | -71.48 | -42.09 | -34.45 |
| Gross Margin | ||||
| Operating Margin | -16336.47 | -78.16 | -71.01 | -101.85 |
| EBITDA Margin | -15812.81 | -72.97 | -66.72 | -95.87 |
| Net Profit Margin | -16882.37 | -85.27 | -72.39 | -101.85 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -12.69 | 23.54 | -17.07 | -19.33 | -21.21 | -4.64 | -9.85 | -4.15 | ||||
| ROE | -33.71 | 54.14 | -308.67 | -50.39 | -76.48 | -10.43 | -16.88 | -4.56 | ||||
| Gross Margin | ||||||||||||
| Operating Margin | -557.16 | 72.09 | -6138.76 | -3754.49 | -66.55 | -229.13 | -97.32 | |||||
| EBITDA Margin | -534.75 | 73.21 | -5929.36 | -3634.44 | -62.26 | -219.76 | -88.64 | |||||
| Net Profit Margin | -631.11 | 68.26 | -6923.40 | -3741.59 | -66.07 | -229.13 | -97.32 |
Dividends
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Assets | 1,139,802.00 | 765,552.00 | 691,939.00 | 710,148.00 |
| Current Assets | 695,471.00 | 419,521.00 | 405,299.00 | 384,597.00 |
| Cash and Short-Term Investments | 680,961.00 | 403,626.00 | 376,396.00 | 367,789.00 |
| Cash and Cash Equivalents | 102,685.00 | 110,891.00 | 108,005.00 | 184,434.00 |
| Short-Term Investments | 578,276.00 | 292,735.00 | 268,391.00 | 183,355.00 |
| Net Receivables | 0 | 0 | 1,410.00 | 10,255.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 14,510.00 | 15,895.00 | 27,493.00 | 6,553.00 |
| Non-Current Assets | 444,331.00 | 346,031.00 | 286,640.00 | 325,551.00 |
| Property, Plant, Equipment Net | 431,287.00 | 335,559.00 | 168,588.00 | 66,021.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 8,562.00 | 10,262.00 | 11,962.00 | 13,663.00 |
| Long-Term Investments | 0 | 0 | 105,872.00 | 245,595.00 |
| Non-Current Deferred Assets | 81,556.00 | 59,441.00 | 38,810.00 | 0 |
| Other Non-Current Assets | -77,074.00 | -59,231.00 | -38,592.00 | 272.00 |
| Liabilities | 948,739.00 | 478,390.00 | 273,600.00 | 301,326.00 |
| Current Liabilities | 103,168.00 | 105,456.00 | 138,850.00 | 146,536.00 |
| Payables and Expenses | 96,394.00 | 93,592.00 | 61,975.00 | 33,231.00 |
| Account Payables | 11,388.00 | 35,866.00 | 2,868.00 | 9,457.00 |
| Current Accrued Liabilities | 85,006.00 | 57,726.00 | 59,107.00 | 23,774.00 |
| Short-Term Debt | 6,342.00 | 10,563.00 | 2,776.00 | 2,250.00 |
| Other Current Liabilities | 432.00 | 1,301.00 | 74,099.00 | 111,055.00 |
| Non-Current Liabilities | 845,571.00 | 372,934.00 | 134,750.00 | 154,790.00 |
| Long-Term Debt | 504,210.00 | 104,608.00 | 78,800.00 | 23,295.00 |
| Other Non-Current Liabilities | 341,361.00 | 268,326.00 | 55,950.00 | 131,495.00 |
| Equity | 191,063.00 | 287,162.00 | 418,339.00 | 408,822.00 |
| Shareholders Equity | 185,444.00 | 271,343.00 | 398,520.00 | 0 |
| Capital Stock | 217.00 | 200.00 | 198.00 | 197.00 |
| Share Premium | 1,806,000.00 | 1,300,395.00 | 1,219,213.00 | 1,053,386.00 |
| Retained Earnings | -1,625,523.00 | -1,026,030.00 | -820,755.00 | -644,692.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 4,750.00 | -3,222.00 | -136.00 | -69.00 |
| Minority Interest | 5,619.00 | 15,819.00 | 19,819.00 | 0 |
| Investments | 578,276.00 | 292,735.00 | 374,263.00 | 428,950.00 |
| Debt | 510,552.00 | 115,171.00 | 81,576.00 | 25,545.00 |
| Common Shares Outstanding | 124,376.00 | 107,312.00 | 105,960.00 | 104,327.00 |
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Revenues | 3,551.00 | 240,735.00 | 243,231.00 | 138,287.00 |
| Operating Expenses | 604,631.00 | 445,737.00 | 421,738.00 | 287,323.00 |
| Selling, General and Administrative Expenses | 98,761.00 | 92,549.00 | 124,431.00 | 80,981.00 |
| Research and Development Expenses | 505,870.00 | 353,188.00 | 297,307.00 | 206,342.00 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -601,080.00 | -205,002.00 | -178,507.00 | -149,036.00 |
| Net Non-Operating Income | -11,380.00 | -1,489.00 | 5,798.00 | 8,190.00 |
| Interest Expense | 32,352.00 | 18,326.00 | 0.00 | 0.00 |
| Net Interest | 0 | 0 | 5,033.00 | 6,120.00 |
| EBT | -612,460.00 | -206,491.00 | -172,709.00 | -140,846.00 |
| Income Tax | 2,767.00 | 2,784.00 | 3,785.00 | 2.00 |
| Net Income Including Non-Controlling Interests | -609,693.00 | -209,275.00 | -176,494.00 | -140,848.00 |
| Net Income Non-Controlling Interests | 10,200.00 | 4,000.00 | 431.00 | 0.00 |
| Net Income | -599,493.00 | -205,275.00 | -176,063.00 | -140,848.00 |
| EBIT | -580,108.00 | -188,165.00 | -172,709.00 | -140,846.00 |
| Deprecation and Amortization | 18,595.00 | 12,493.00 | 10,421.00 | 8,267.00 |
| EBITDA | -561,513.00 | -175,672.00 | -162,288.00 | -132,579.00 |
| EPS | -0.01 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.01 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 119,784.00 | 106,750.00 | 105,426.00 | 103,745.00 |
| Average Shares Outstanding Diluted | 119,784.00 | 106,750.00 | 105,426.00 | 103,745.00 |
| Breakdown | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|
| Operating Cash Flow | -462,851.00 | -153,890.00 | -136,131.00 | 171,224.00 |
| Operating Net Income | -609,693.00 | -209,275.00 | -176,494.00 | -140,848.00 |
| Deprecation and Amortization | 18,595.00 | 12,493.00 | 10,421.00 | 8,267.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 73,968.00 | 78,130.00 | 120,893.00 | 76,673.00 |
| Change in Working Capital | 25,091.00 | -51,547.00 | -98,293.00 | 226,866.00 |
| Other Operating Activities | 29,188.00 | 16,309.00 | 7,342.00 | 266.00 |
| Investing Cash Flow | -420,072.00 | -96,155.00 | -5,417.00 | -141,678.00 |
| Capital Expenditure | -141,469.00 | -176,737.00 | -52,777.00 | -23,567.00 |
| Net Purchase/Sale of PPE | -141,469.00 | -176,737.00 | -52,777.00 | -23,567.00 |
| Net Purchase/Sale of Investments Net | -278,603.00 | 80,582.00 | 47,360.00 | -118,111.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 141,469.00 | 176,737.00 | 52,777.00 | 23,567.00 |
| Financing Cash Flow | 870,520.00 | 253,053.00 | 65,186.00 | 11,305.00 |
| Net Issuance/Repayment of Debt | 392,000.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 431,654.00 | 3,053.00 | 65,186.00 | 11,305.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 46,866.00 | 250,000.00 | 0.00 | 0.00 |
| Net Change in Cash | -12,403.00 | 3,008.00 | -76,362.00 | 40,851.00 |
| Cash at Beginning of Period | 115,103.00 | 107,892.00 | 184,367.00 | 143,583.00 |
| Cash at End of Period | 102,700.00 | 110,900.00 | 108,005.00 | 184,434.00 |
| Free Cash Flow | -604,320.00 | -330,627.00 | -188,908.00 | 147,657.00 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2022-12-31 | 2022-09-30 | 2021-12-31 | 2021-09-30 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 1,380,612.00 | 1,573,498.00 | 1,013,694.00 | 1,139,802.00 | 883,759.00 | 626,286.00 | 765,552.00 | 891,489.00 | 691,939.00 | 638,539.00 | 710,148.00 | 499,251.00 |
| Current Assets | 946,923.00 | 1,135,220.00 | 570,536.00 | 695,471.00 | 450,062.00 | 237,899.00 | 419,521.00 | 574,999.00 | 405,299.00 | 338,278.00 | 384,597.00 | 323,716.00 |
| Cash and Short-Term Investments | 900,372.00 | 1,097,409.00 | 552,935.00 | 680,961.00 | 434,471.00 | 220,279.00 | 403,626.00 | 501,831.00 | 376,396.00 | 330,134.00 | 367,789.00 | 305,327.00 |
| Cash and Cash Equivalents | 129,793.00 | 185,709.00 | 53,889.00 | 102,685.00 | 67,199.00 | 58,215.00 | 110,891.00 | 202,249.00 | 108,005.00 | 91,587.00 | 184,434.00 | 139,921.00 |
| Short-Term Investments | 770,579.00 | 911,700.00 | 499,046.00 | 578,276.00 | 367,272.00 | 162,064.00 | 292,735.00 | 299,582.00 | 268,391.00 | 238,547.00 | 183,355.00 | 165,406.00 |
| Net Receivables | 9,699.00 | 2,365.00 | 2,500.00 | 0 | 0 | 0 | 0 | 39,568.00 | 1,410.00 | 150.00 | 10,255.00 | 9,002.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 36,852.00 | 35,446.00 | 15,101.00 | 14,510.00 | 0 | 17,620.00 | 15,895.00 | 33,600.00 | 27,493.00 | 7,994.00 | 6,553.00 | 9,387.00 |
| Non-Current Assets | 433,689.00 | 438,278.00 | 443,158.00 | 444,331.00 | 433,697.00 | 388,387.00 | 346,031.00 | 316,490.00 | 286,640.00 | 300,261.00 | 325,551.00 | 175,535.00 |
| Property, Plant, Equipment Net | 425,050.00 | 429,255.00 | 431,938.00 | 431,287.00 | 420,250.00 | 378,318.00 | 335,559.00 | 188,969.00 | 168,588.00 | 69,178.00 | 66,021.00 | 49,477.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 7,286.00 | 7,711.00 | 8,137.00 | 8,562.00 | 8,987.00 | 9,837.00 | 10,262.00 | 11,537.00 | 11,962.00 | 13,238.00 | 13,663.00 | 14,938.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115,774.00 | 105,872.00 | 217,572.00 | 245,595.00 | 110,855.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 81,556.00 | 0 | 0 | 59,441.00 | 0 | 38,810.00 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,353.00 | 1,312.00 | 3,083.00 | -77,074.00 | 4,460.00 | 232.00 | -59,231.00 | 210.00 | -38,592.00 | 273.00 | 272.00 | 265.00 |
| Liabilities | 860,806.00 | 889,273.00 | 957,619.00 | 948,739.00 | 544,785.00 | 452,572.00 | 478,390.00 | 495,117.00 | 273,600.00 | 265,979.00 | 301,326.00 | 44,779.00 |
| Current Liabilities | 194,530.00 | 220,541.00 | 93,758.00 | 103,168.00 | 96,714.00 | 63,723.00 | 105,456.00 | 122,009.00 | 138,850.00 | 137,032.00 | 146,536.00 | 25,094.00 |
| Payables and Expenses | 117,166.00 | 105,043.00 | 85,133.00 | 96,394.00 | 90,244.00 | 59,841.00 | 93,592.00 | 53,064.00 | 61,975.00 | 25,554.00 | 33,231.00 | 17,150.00 |
| Account Payables | 33,050.00 | 9,980.00 | 14,457.00 | 11,388.00 | 26,550.00 | 4,460.00 | 35,866.00 | 796.00 | 2,868.00 | 4,068.00 | 9,457.00 | 4,827.00 |
| Current Accrued Liabilities | 84,116.00 | 95,063.00 | 70,676.00 | 85,006.00 | 63,694.00 | 55,381.00 | 57,726.00 | 52,268.00 | 59,107.00 | 21,486.00 | 23,774.00 | 12,323.00 |
| Short-Term Debt | 47,010.00 | 71,782.00 | 8,185.00 | 6,342.00 | 6,053.00 | 3,421.00 | 10,563.00 | 2,664.00 | 2,776.00 | 2,826.00 | 2,250.00 | 1,183.00 |
| Other Current Liabilities | 30,354.00 | 43,716.00 | 440.00 | 432.00 | 417.00 | 461.00 | 1,301.00 | 66,281.00 | 74,099.00 | 108,652.00 | 111,055.00 | 6,761.00 |
| Non-Current Liabilities | 666,276.00 | 668,732.00 | 863,861.00 | 845,571.00 | 448,071.00 | 388,849.00 | 372,934.00 | 373,108.00 | 134,750.00 | 128,947.00 | 154,790.00 | 19,685.00 |
| Long-Term Debt | 306,022.00 | 316,456.00 | 517,085.00 | 504,210.00 | 112,040.00 | 115,157.00 | 104,608.00 | 79,470.00 | 78,800.00 | 22,489.00 | 23,295.00 | 19,685.00 |
| Other Non-Current Liabilities | 360,254.00 | 352,276.00 | 346,776.00 | 341,361.00 | 336,031.00 | 273,692.00 | 268,326.00 | 293,638.00 | 55,950.00 | 106,458.00 | 131,495.00 | 0.00 |
| Equity | 519,806.00 | 684,225.00 | 56,075.00 | 191,063.00 | 338,974.00 | 173,714.00 | 287,162.00 | 396,372.00 | 418,339.00 | 372,560.00 | 408,822.00 | 454,472.00 |
| Shareholders Equity | 522,313.00 | 683,321.00 | 52,589.00 | 185,444.00 | 330,547.00 | 160,407.00 | 271,343.00 | 377,039.00 | 398,520.00 | 0 | 0 | 0 |
| Capital Stock | 230.00 | 230.00 | 218.00 | 217.00 | 217.00 | 200.00 | 200.00 | 199.00 | 198.00 | 197.00 | 197.00 | 195.00 |
| Share Premium | 2,120,130.00 | 2,106,864.00 | 1,846,842.00 | 1,806,000.00 | 1,786,304.00 | 1,320,356.00 | 1,300,395.00 | 1,239,178.00 | 1,219,213.00 | 1,080,035.00 | 1,053,386.00 | 978,655.00 |
| Retained Earnings | -1,603,404.00 | -1,428,163.00 | -1,798,608.00 | -1,625,523.00 | -1,454,987.00 | -1,158,894.00 | -1,026,030.00 | -862,080.00 | -820,755.00 | -707,564.00 | -644,692.00 | -524,576.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 5,357.00 | 4,390.00 | 4,137.00 | 4,750.00 | -987.00 | -1,255.00 | -3,222.00 | -258.00 | -136.00 | -108.00 | -69.00 | 198.00 |
| Minority Interest | -2,507.00 | 904.00 | 3,486.00 | 5,619.00 | 8,427.00 | 13,307.00 | 15,819.00 | 19,333.00 | 19,819.00 | 0 | 0 | 0 |
| Investments | 0 | 0 | 499,046.00 | 578,276.00 | 0 | 162,064.00 | 292,735.00 | 415,356.00 | 374,263.00 | 456,119.00 | 428,950.00 | 276,261.00 |
| Debt | 353,032.00 | 388,238.00 | 525,270.00 | 510,552.00 | 118,093.00 | 118,578.00 | 115,171.00 | 82,134.00 | 81,576.00 | 25,315.00 | 25,545.00 | 20,868.00 |
| Net Debt | 110,539.00 | 88,218.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 138,144.00 | 138,062.00 | 125,572.00 | 124,376.00 | 124,227.00 | 107,500.00 | 107,312.00 | 106,140.00 | 105,960.00 | 104,798.19 | 104,327.00 | 103,194.24 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 27,767.00 | 542,709.00 | 2,500.00 | 0.00 | 0 | 0 | 3,551.00 | 62,546.00 | 27,439.00 | 21,303.00 |
| Interest Income | 11,019.00 | 9,615.00 | 0 | 0 | 6,498.00 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 24,382.00 | 21,639.00 | 21,646.00 | 21,891.00 | 5,094.00 | 0 | 5,367.00 | 167.00 | 0.00 | 0.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -167.00 | 1,156.00 | 2,169.00 |
| Non-Interest Expense | 30,444.00 | 27,894.00 | 0 | 0 | 23,197.00 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 193,317.00 | 161,507.00 | 163,912.00 | 288,394.00 | 176,141.00 | 0 | 140,096.00 | 104,680.00 | 90,760.00 | 45,357.00 |
| Selling, General and Administrative Expenses | 30,444.00 | 27,894.00 | 26,910.00 | 51,959.00 | 23,197.00 | 0 | 23,605.00 | 20,985.00 | 24,995.00 | 8,802.00 |
| Research and Development Expenses | 162,368.00 | 133,102.00 | 137,002.00 | 236,948.00 | 152,431.00 | 0 | 116,491.00 | 83,695.00 | 65,765.00 | 36,555.00 |
| Other Operating Expenses | 0 | 0 | 0.00 | 0.00 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -165,550.00 | 381,202.00 | -161,412.00 | -288,394.00 | -176,141.00 | 0 | -136,545.00 | -42,134.00 | -63,321.00 | -24,054.00 |
| Net Non-Operating Income | -176.00 | 438.00 | -13,703.00 | -9,996.00 | 760.00 | 0 | -2,144.00 | 340.00 | 449.00 | 3,322.00 |
| EBT | -179,089.00 | 369,616.00 | -175,115.00 | -299,794.00 | -173,977.00 | 0 | -138,689.00 | -41,794.00 | -62,872.00 | -20,732.00 |
| Income Tax | -437.00 | 1,753.00 | 103.00 | -546.00 | 0 | 0 | 3,313.00 | 17.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | -178,652.00 | 367,863.00 | -175,218.00 | -300,340.00 | -173,977.00 | 0 | -135,376.00 | -41,811.00 | -62,872.00 | -20,732.00 |
| Net Income Non-Controlling Interests | 3,411.00 | 2,582.00 | 2,133.00 | 4,504.00 | 3,184.00 | 0 | 2,512.00 | 486.00 | 0.00 | 0.00 |
| Net Income | -175,241.00 | 370,445.00 | -173,085.00 | -295,836.00 | -170,793.00 | 0 | -132,864.00 | -41,325.00 | -62,872.00 | -20,732.00 |
| EBIT | -154,707.00 | 391,255.00 | -153,469.00 | -277,903.00 | -168,883.00 | 0 | -133,322.00 | -41,627.00 | -62,872.00 | -20,732.00 |
| Deprecation and Amortization | 6,223.00 | 6,084.00 | 5,235.00 | 9,550.00 | 4,782.00 | 0 | 4,263.00 | 2,689.00 | 2,573.00 | 1,848.00 |
| EBITDA | -148,484.00 | 397,339.00 | -148,234.00 | -268,353.00 | -164,101.00 | 0 | -129,059.00 | -38,938.00 | -60,299.00 | -18,884.00 |
| EPS | -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 |
| Average Shares Outstanding Basic | 139,039.00 | 133,363.00 | 124,848.00 | 124,237.00 | 124,199.00 | 123,285.00 | 107,415.00 | 106,039.00 | 104,534.00 | 102,757.00 |
| Average Shares Outstanding Diluted | 139,039.00 | 134,484.00 | 124,848.00 | 124,237.00 | 124,199.00 | 123,285.00 | 107,415.00 | 106,039.00 | 104,534.00 | 102,757.00 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -154,720.00 | 460,053.00 | -146,272.00 | -115,418.00 | -117,840.00 | -75,516.00 | -61,347.00 | -38,922.00 |
| Operating Net Income | -178,652.00 | 367,863.00 | -175,218.00 | -173,977.00 | -135,376.00 | -41,811.00 | -62,872.00 | -20,732.00 |
| Deprecation and Amortization | 6,223.00 | 6,084.00 | 5,235.00 | 4,782.00 | 4,263.00 | 2,689.00 | 2,573.00 | 1,848.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 13,043.00 | 16,027.00 | 15,209.00 | 17,050.00 | 19,694.00 | 19,390.00 | 24,504.00 | 8,144.00 |
| Change in Working Capital | -17,960.00 | 45,525.00 | -7,440.00 | 24,644.00 | -10,873.00 | -59,323.00 | -25,272.00 | -27,880.00 |
| Other Operating Activities | 22,626.00 | 24,554.00 | 15,942.00 | 12,083.00 | 4,452.00 | 3,539.00 | -280.00 | -302.00 |
| Investing Cash Flow | 141,390.00 | -420,213.00 | 76,910.00 | 6,949.00 | 64,839.00 | -80,694.00 | -33,385.00 | 30,158.00 |
| Capital Expenditure | 0 | 0 | -7,516.00 | 0 | -68,656.00 | -38,911.00 | -5,778.00 | -4,271.00 |
| Net Purchase/Sale of PPE | -2,364.00 | -5,297.00 | -7,516.00 | -14,449.00 | -68,656.00 | -38,911.00 | -5,778.00 | -4,271.00 |
| Net Purchase/Sale of Investments Net | 143,754.00 | -414,916.00 | 84,426.00 | 21,398.00 | 133,495.00 | -41,783.00 | -27,607.00 | 34,429.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 7,516.00 | 0.00 | 68,656.00 | 38,911.00 | 5,778.00 | 4,271.00 |
| Financing Cash Flow | -42,679.00 | 92,382.00 | 20,634.00 | 50,387.00 | 267.00 | 250,576.00 | 1,885.00 | 5,102.00 |
| Net Issuance/Repayment of Debt | -50,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 25,634.00 | 0 | 267.00 | 250,576.00 | 1,885.00 | 5,102.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 7,321.00 | 0 | -5,000.00 | 50,387.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Change in Cash | -56,009.00 | 132,222.00 | -48,728.00 | -58,082.00 | -52,734.00 | 94,366.00 | -92,847.00 | -3,662.00 |
| Cash at Beginning of Period | 185,709.00 | 53,889.00 | 102,628.00 | 127,704.00 | 110,949.00 | 107,883.00 | 184,434.00 | 143,583.00 |
| Cash at End of Period | 129,793.00 | 185,709.00 | 53,900.00 | 69,399.00 | 58,215.00 | 202,249.00 | 91,587.00 | 139,921.00 |
| Free Cash Flow | -157,084.00 | 454,756.00 | -153,788.00 | -129,867.00 | -186,496.00 | -114,427.00 | -67,125.00 | -43,193.00 |