Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -20.91 -22.67 -12.97 46.06
Price to Sales 2.05 1.77 1.96 1.99
Book Value Per Common Share 7.40 7.67 7.17 7.90 7.68
Price to Book 1.27 1.24 1.30 0.99
Price to Operating Cash Flow 26.12 11.15 13.74 109.66
Price to Free Cash Flow
Enterprise Value to EBITDA 57548.14 149417.95 185119.11 66284.07
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 -16.08 -31.48 -106.11 -27.42 -46.67 -778.00 -35.04 -71.53 725.00 -8.54 -12.95 -39.67 23.10 80.64 -95.50
Price to Sales 2.21 4.07 7.39 2.63 3.60 6.23 2.16 3.93 8.92 1.73 2.56 4.90 3.13 4.57 7.33
Book Value Per Common Share 6.96 7.10 7.29 7.40 7.50 7.54 7.68 7.67 7.71 7.09 7.24 7.17 7.17 7.42 7.72 7.90 8.11 7.82 7.60 7.68
Price to Book 1.18 1.37 1.31 1.27 1.21 1.11 1.01 1.24 1.23 1.71 2.00 1.30 0.80 0.77 0.77 0.99 1.11 1.13 1.00
Price to Operating Cash Flow 20.46 51.34 129.05 -595.39 -125.00 -49.94 16.95 40.89 64.30 16.52 15.29 47.15 -150.42 -88.97 -117.54
Price to Free Cash Flow
Enterprise Value to EBITDA 59494.93 111043.45 200351.68 239587.14 302794.36 386876.44 163357.09 229239.79 417799.11 239795.58 364000.47 412520.48 82351.97 144546.11 482153.20

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 0.60 24.27 25.98 16.12
EBITDA YoY 173.82 55.93 -56.83 879.26
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 19900.00 254.55
Revenue YoY 55.79 86.43 49.09 88.60 46.21 92.00 49.07 83.43 48.64 86.70
EBITDA YoY 58.89 86.05 -39.07 39.43 38.86 31.03 53.48 52.47 8.95 86.41 288.85
Net Profit YoY -96.87 245.98

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.02 1.82 1.30 0.98 1.80
Quick Ratio 0.20 0.23 0.16 0.10 0.10
Current Ratio 1.06 1.11 1.03 1.07 1.02
Debt to Equity 1.21 1.32 1.89 1.74 2.54
Long-Term Debt to Equity 0.08 0.06 0.27 0.27 0.14
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 1.21 2.95 0.89 1.00 0.85 1.26 1.46 1.61 1.98 1.53 1.39 1.29 0.90 1.08 0.96 0.95 0.78 1.07 1.28 1.51
Quick Ratio 0.27 0.40 0.14 0.20 0.18 0.23 0.20 0.23 0.30 0.22 0.17 0.16 0.12 0.14 0.10 0.10 0.10 0.11 0.10 0.10
Current Ratio 1.08 1.27 1.03 1.06 1.07 1.11 1.09 1.11 1.16 1.06 1.06 1.03 1.03 1.07 1.06 1.07 1.09 1.07 1.03 1.02
Debt to Equity 1.32 1.60 1.52 1.21 1.15 1.15 1.37 1.32 1.06 1.73 1.94 1.89 1.71 1.64 1.90 1.74 1.42 1.58 2.05 2.54
Long-Term Debt to Equity 0.39 0.39 0.09 0.08 0.08 0.08 0.07 0.06 0.05 0.27 0.26 0.27 0.28 0.30 0.27 0.27 0.27 0.11 0.12 0.14

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -2.70 -2.08 -3.45 0.74 -3.16
ROE -5.97 -4.81 -9.97 2.02 -11.20
Gross Margin 68.54 71.83 65.23 61.22 58.15
Operating Margin -8.19 -4.04 -10.35 7.93 -20.99
EBITDA Margin 36.41 13.37 10.66 31.10 3.69
Net Profit Margin -9.83 -7.74 -15.10 4.20 -24.90
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 -3.11 -1.69 -0.48 -2.00 -1.11 -0.07 -1.43 -0.85 0.08 -3.43 -2.25 -0.67 1.91 0.56 -0.36
ROE -7.19 -4.39 -1.21 -4.30 -2.39 -0.16 -2.94 -2.33 0.23 -9.28 -5.94 -1.95 4.63 1.45 -1.10
Gross Margin 66.84 68.51 70.60 68.74 69.48 71.42 72.94 73.12 73.80 62.18 62.12 63.55 60.61 60.69 63.08
Operating Margin -9.04 -9.43 -4.75 -8.40 -6.73 -0.30 -1.12 0.79 6.19 -15.33 -15.40 -8.92 16.62 8.16 -6.41
EBITDA Margin 37.75 37.02 37.09 11.26 12.04 16.36 15.50 17.30 21.64 7.23 7.07 11.90 39.76 31.70 15.22
Net Profit Margin -13.71 -13.11 -6.88 -9.63 -7.82 -0.97 -6.07 -5.40 1.03 -20.15 -19.89 -12.40 13.64 5.86 -8.07

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 436,638.00 443,868.00 419,908.00 433,245.00 515,423.00
   Current Assets 237,277.00 267,220.00 243,276.00 249,832.00 358,231.00
      Cash and Short-Term Investments 26,698.00 40,359.00 26,184.00 18,986.00 28,577.00
            Cash and Cash Equivalents 21,425.00 30,317.00 17,010.00 13,427.00 28,577.00
            Short-Term Investments 5,273.00 10,042.00 9,174.00 5,559.00 0
      Net Receivables 18,154.00 14,202.00 12,123.00 5,308.00 4,852.00
      Inventory 195.00 155.00 251.00 246.00 449.00
      Other Current Assets 192,230.00 212,504.00 204,718.00 225,292.00 324,353.00
   Non-Current Assets 199,361.00 176,648.00 176,632.00 183,413.00 157,192.00
      Property, Plant, Equipment Net 23,710.00 19,508.00 18,504.00 14,693.00 14,731.00
      Goodwill 94,724.00 86,011.00 86,011.00 86,011.00 73,958.00
      Intangible Assets 69,114.00 62,082.00 66,594.00 78,573.00 64,552.00
      Long-Term Investments 63,055.00 61,728.00 47,382.00 26,501.00 0
      Non-Current Deferred Assets 326.00 1.00 9.00 27.00 148.00
      Other Non-Current Assets -51,568.00 -52,682.00 -41,868.00 -22,392.00 3,803.00
Liabilities 239,323.00 252,213.00 274,842.00 275,005.00 369,770.00
   Current Liabilities 223,636.00 241,340.00 235,183.00 232,826.00 350,023.00
      Payables and Expenses 12,449.00 12,951.00 11,713.00 6,569.00 5,584.00
            Account Payables 1,364.00 2,570.00 2,194.00 565.00 1,288.00
            Current Accrued Liabilities 11,085.00 10,381.00 9,519.00 6,004.00 4,296.00
      Short-Term Debt 8,446.00 1,517.00 5,966.00 3,458.00 14,143.00
      Other Current Liabilities 202,741.00 226,872.00 217,504.00 222,799.00 330,296.00
   Non-Current Liabilities 15,687.00 10,873.00 39,659.00 42,179.00 19,747.00
      Long-Term Debt 9,287.00 8,920.00 37,254.00 37,866.00 17,591.00
      Other Non-Current Liabilities 6,400.00 1,953.00 2,405.00 4,313.00 2,156.00
Equity 197,315.00 191,655.00 145,066.00 158,240.00 145,653.00
   Shareholders Equity 197,315.00 191,655.00 145,066.00 158,240.00 145,653.00
      Capital Stock 267.00 254.00 206.00 204.00 193.00
      Share Premium 504,849.00 487,973.00 433,586.00 429,912.00 419,827.00
      Retained Earnings -307,226.00 -290,440.00 -281,226.00 -266,760.00 -269,954.00
      Treasury Shares 0 5,017.00 5,017.00 5,017.00 5,017.00
      Accumulated Other Comprehensive Income -575.00 -1,115.00 -2,483.00 -99.00 604.00
   Minority Interest 0 0 0 0 0
Investments 68,328.00 71,770.00 56,556.00 32,060.00 25,919.00
Debt 17,733.00 10,437.00 43,220.00 41,324.00 31,734.00
Net Debt 0 0 17,036.00 22,338.00 3,157.00
Common Shares Outstanding 26,671.00 24,998.00 20,244.00 20,028.00 18,970.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 119,792.00 119,082.00 95,828.00 76,064.00 65,507.00
Cost Of Revenue 37,685.00 33,545.00 33,318.00 29,500.00 27,414.00
Gross Profit 82,107.00 85,537.00 62,510.00 46,564.00 38,093.00
Operating Expenses 92,844.00 88,536.00 73,817.00 59,376.00 51,846.00
   Selling, General and Administrative Expenses 68,815.00 68,067.00 54,184.00 43,018.00 36,340.00
   Research and Development Expenses 7,807.00 6,846.00 6,147.00 5,410.00 5,959.00
   Other Operating Expenses 16,222.00 13,623.00 13,486.00 10,948.00 9,547.00
Operating Income -10,737.00 -2,999.00 -11,307.00 -12,812.00 -13,753.00
Net Non-Operating Income -103.00 -6,106.00 -3,047.00 16,807.00 -2,221.00
Interest Expense 1,024.00 4,297.00 4,438.00 2,038.00 2,221.00
Net Interest 0 -4,297.00 -4,438.00 -2,038.00 0
EBT -10,840.00 -9,105.00 -14,354.00 3,995.00 -15,974.00
Income Tax 933.00 109.00 112.00 802.00 337.00
Net Income -11,773.00 -9,214.00 -14,466.00 3,193.00 -16,311.00
EBIT -9,816.00 -4,808.00 -9,916.00 6,033.00 -13,753.00
Deprecation and Amortization 53,427.00 20,735.00 20,130.00 17,626.00 16,169.00
EBITDA 43,611.00 15,927.00 10,214.00 23,659.00 2,416.00
EPS -0.00 -0.00 -0.00 0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00
Average Shares Outstanding Basic 26,054.00 22,138.00 20,117.00 19,313.00 15,910.00
Average Shares Outstanding Diluted 26,054.00 22,138.00 20,117.00 19,509.00 15,910.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 9,388.00 18,900.00 13,674.00 1,378.00 -1,707.00
   Operating Net Income -35,319.00 -9,214.00 -14,466.00 3,193.00 -16,311.00
   Deprecation and Amortization 53,427.00 20,735.00 20,130.00 17,626.00 16,169.00
   Deferred Income Tax 884.00 225.00 -92.00 707.00 551.00
   Share Based Compensation 6,444.00 5,430.00 3,179.00 2,990.00 2,365.00
   Change in Working Capital 73.00 -8,778.00 12,965.00 11,127.00 -4,016.00
   Other Operating Activities -16,121.00 10,502.00 -8,042.00 -34,265.00 -465.00
Investing Cash Flow -19,256.00 -29,525.00 -35,999.00 -36,970.00 -201,134.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 24,135.00 16,263.00 8,835.00 29,800.00 3,637.00
   Net Purchase/Sale of Investments Net 36,165.00 42,032.00 47,300.00 50,932.00 0
   Net Purchase/Sale of Business 0 0 0 763.00 13,141.00
   Other Investing Activities -79,556.00 -87,820.00 -92,134.00 -118,465.00 -217,912.00
Financing Cash Flow -22,042.00 24,205.00 -12,376.00 -90,650.00 202,592.00
   Net Issuance/Repayment of Debt 5,415.00 35,938.00 1,688.00 44,082.00 21,090.00
   Net Issuance/Repurchase of Equity 1,370.00 46,800.00 497.00 678.00 21,392.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -28,827.00 -58,533.00 -14,561.00 -135,410.00 160,110.00
Net Change in Cash -31,910.00 13,580.00 -34,701.00 -126,242.00 -249.00
   Cash at Beginning of Period 177,622.00 164,042.00 198,743.00 324,985.00 28,826.00
   Cash at End of Period 145,712.00 177,622.00 164,042.00 198,743.00 28,577.00
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 447,076.00 505,565.00 498,941.00 436,638.00 428,109.00 420,118.00 469,338.00 443,868.00 394,497.00 401,018.00 438,844.00 419,908.00 391,124.00 394,603.00 449,863.00 433,245.00 392,076.00 385,622.00 441,103.00 515,423.00
   Current Assets 193,093.00 299,575.00 293,085.00 237,277.00 226,889.00 232,346.00 282,440.00 267,220.00 224,423.00 228,853.00 264,958.00 243,276.00 210,656.00 215,392.00 268,262.00 249,832.00 204,514.00 234,687.00 286,376.00 358,231.00
      Cash and Short-Term Investments 32,896.00 80,033.00 23,979.00 26,698.00 21,902.00 32,156.00 37,047.00 40,359.00 42,084.00 31,375.00 28,227.00 26,184.00 18,100.00 21,755.00 19,281.00 18,986.00 14,803.00 20,292.00 24,290.00 28,577.00
            Cash and Cash Equivalents 21,520.00 66,000.00 14,076.00 21,425.00 11,248.00 20,736.00 23,166.00 30,317.00 32,787.00 21,613.00 21,438.00 17,010.00 10,885.00 14,594.00 12,054.00 13,427.00 11,506.00 20,292.00 24,290.00 28,577.00
            Short-Term Investments 11,376.00 14,033.00 9,903.00 5,273.00 10,654.00 11,420.00 13,881.00 10,042.00 9,297.00 9,762.00 6,789.00 9,174.00 7,215.00 7,161.00 7,227.00 5,559.00 3,297.00 0 0 0
      Net Receivables 14,563.00 13,623.00 15,800.00 18,154.00 17,233.00 16,273.00 15,074.00 14,202.00 15,133.00 16,629.00 14,762.00 12,123.00 6,821.00 5,736.00 6,608.00 5,308.00 4,595.00 3,482.00 3,873.00 4,852.00
      Inventory 2,304.00 142.00 220.00 195.00 233.00 263.00 205.00 155.00 93.00 134.00 218.00 251.00 323.00 289.00 286.00 246.00 303.00 279.00 349.00 449.00
      Other Current Assets 143,330.00 205,777.00 253,086.00 192,230.00 187,521.00 183,654.00 230,114.00 212,504.00 167,113.00 180,715.00 221,751.00 204,718.00 185,412.00 187,612.00 242,087.00 225,292.00 184,813.00 210,634.00 257,864.00 324,353.00
   Non-Current Assets 253,983.00 205,990.00 205,856.00 199,361.00 201,220.00 187,772.00 186,898.00 176,648.00 170,074.00 172,165.00 173,886.00 176,632.00 180,468.00 179,211.00 181,601.00 183,413.00 187,562.00 150,935.00 154,727.00 157,192.00
      Property, Plant, Equipment Net 31,366.00 28,030.00 25,402.00 23,710.00 22,891.00 21,673.00 20,496.00 19,508.00 18,701.00 18,486.00 18,475.00 18,504.00 19,333.00 14,953.00 13,979.00 14,693.00 14,934.00 14,013.00 15,016.00 14,731.00
      Goodwill 115,759.00 94,724.00 94,724.00 94,724.00 94,724.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,011.00 86,114.00 73,958.00 73,958.00 73,958.00
      Intangible Assets 92,231.00 69,596.00 73,003.00 69,114.00 73,429.00 70,319.00 70,960.00 62,082.00 57,326.00 60,635.00 63,024.00 66,594.00 70,238.00 73,657.00 77,205.00 78,573.00 82,385.00 58,739.00 61,646.00 64,552.00
      Long-Term Investments 73,015.00 59,793.00 62,189.00 63,055.00 61,455.00 59,145.00 58,851.00 61,728.00 59,692.00 61,098.00 55,003.00 47,382.00 48,064.00 39,964.00 27,656.00 26,501.00 14,154.00 0 0 0
      Non-Current Deferred Assets 0 0 0 326.00 0 0 0 1.00 0 0 0 9.00 0 0 0 27.00 0 0 0 148.00
      Other Non-Current Assets -58,388.00 -46,153.00 -49,462.00 -51,568.00 -51,279.00 -49,376.00 -49,420.00 -52,682.00 -51,656.00 -54,065.00 -48,627.00 -41,868.00 -43,178.00 -35,374.00 -23,250.00 -22,392.00 -10,025.00 4,225.00 4,107.00 3,803.00
Liabilities 253,989.00 311,313.00 301,278.00 239,323.00 228,956.00 224,587.00 271,663.00 252,213.00 202,835.00 254,204.00 289,633.00 274,842.00 246,562.00 245,063.00 294,973.00 275,005.00 230,137.00 236,203.00 296,452.00 369,770.00
   Current Liabilities 178,255.00 235,307.00 284,085.00 223,636.00 212,461.00 208,683.00 258,400.00 241,340.00 192,789.00 215,270.00 250,767.00 235,183.00 205,477.00 200,941.00 252,430.00 232,826.00 187,158.00 219,851.00 279,036.00 350,023.00
      Payables and Expenses 14,208.00 12,260.00 11,457.00 12,449.00 13,881.00 12,304.00 12,179.00 12,951.00 12,636.00 12,733.00 11,148.00 11,713.00 9,638.00 8,847.00 7,306.00 6,569.00 5,749.00 4,179.00 5,424.00 5,584.00
            Account Payables 2,567.00 1,595.00 2,475.00 1,364.00 1,317.00 1,240.00 1,610.00 2,570.00 1,696.00 1,365.00 1,744.00 2,194.00 1,322.00 862.00 1,619.00 565.00 1,299.00 1,272.00 750.00 1,288.00
            Current Accrued Liabilities 11,641.00 10,665.00 8,982.00 11,085.00 12,564.00 11,064.00 10,569.00 10,381.00 10,940.00 11,368.00 9,404.00 9,519.00 8,316.00 7,985.00 5,687.00 6,004.00 4,450.00 2,907.00 4,674.00 4,296.00
      Short-Term Debt 8,084.00 4,484.00 9,380.00 8,446.00 1,600.00 1,555.00 1,533.00 1,517.00 1,705.00 8,082.00 7,089.00 5,966.00 4,750.00 3,329.00 3,153.00 3,458.00 3,631.00 4,971.00 13,886.00 14,143.00
      Other Current Liabilities 155,963.00 218,563.00 263,248.00 202,741.00 196,980.00 194,824.00 244,688.00 226,872.00 178,448.00 194,455.00 232,530.00 217,504.00 191,089.00 188,765.00 241,971.00 222,799.00 177,778.00 210,701.00 259,726.00 330,296.00
   Non-Current Liabilities 75,734.00 76,006.00 17,193.00 15,687.00 16,495.00 15,904.00 13,263.00 10,873.00 10,046.00 38,934.00 38,866.00 39,659.00 41,085.00 44,122.00 42,543.00 42,179.00 42,979.00 16,352.00 17,416.00 19,747.00
      Long-Term Debt 69,082.00 68,550.00 10,064.00 9,287.00 11,338.00 10,014.00 9,537.00 8,920.00 7,589.00 35,857.00 36,576.00 37,254.00 38,275.00 38,908.00 38,417.00 37,866.00 37,844.00 14,448.00 15,759.00 17,591.00
      Other Non-Current Liabilities 6,652.00 7,456.00 7,129.00 6,400.00 5,157.00 5,890.00 3,726.00 1,953.00 2,457.00 3,077.00 2,290.00 2,405.00 2,810.00 5,214.00 4,126.00 4,313.00 5,135.00 1,904.00 1,657.00 2,156.00
Equity 193,087.00 194,252.00 197,663.00 197,315.00 199,153.00 195,531.00 197,675.00 191,655.00 191,662.00 146,814.00 149,211.00 145,066.00 144,562.00 149,540.00 154,890.00 158,240.00 161,939.00 149,419.00 144,651.00 145,653.00
   Shareholders Equity 193,087.00 194,252.00 197,663.00 197,315.00 199,153.00 195,531.00 197,675.00 191,655.00 191,662.00 146,814.00 149,211.00 145,066.00 144,562.00 149,540.00 154,890.00 158,240.00 161,939.00 149,419.00 144,651.00 145,653.00
      Capital Stock 277.00 274.00 271.00 267.00 265.00 259.00 258.00 254.00 252.00 211.00 210.00 206.00 205.00 205.00 205.00 204.00 204.00 195.00 194.00 193.00
      Share Premium 513,587.00 509,630.00 507,149.00 504,849.00 502,920.00 496,743.00 494,537.00 487,973.00 485,981.00 438,767.00 436,907.00 433,586.00 432,445.00 431,647.00 430,641.00 429,912.00 428,894.00 421,633.00 420,561.00 419,827.00
      Retained Earnings -321,109.00 -315,747.00 -309,624.00 -307,226.00 -304,022.00 -300,121.00 -295,761.00 -290,440.00 -286,858.00 -284,652.00 -280,887.00 -281,226.00 -280,170.00 -275,637.00 -269,777.00 -266,760.00 -262,459.00 -267,788.00 -271,552.00 -269,954.00
      Treasury Shares 0 0 0 0 0 0 0 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00 5,017.00
      Accumulated Other Comprehensive Income 332.00 95.00 -133.00 -575.00 -10.00 -1,350.00 -1,359.00 -1,115.00 -2,696.00 -2,495.00 -2,002.00 -2,483.00 -2,901.00 -1,658.00 -1,162.00 -99.00 317.00 396.00 465.00 604.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 84,391.00 73,826.00 72,092.00 68,328.00 72,109.00 70,565.00 72,732.00 71,770.00 68,989.00 70,860.00 61,792.00 56,556.00 55,279.00 47,125.00 34,883.00 32,060.00 17,451.00 19,076.00 24,233.00 25,919.00
Debt 77,166.00 73,034.00 19,444.00 17,733.00 12,938.00 11,569.00 11,070.00 10,437.00 9,294.00 43,939.00 43,665.00 43,220.00 43,025.00 42,237.00 41,570.00 41,324.00 41,475.00 19,419.00 29,645.00 31,734.00
Net Debt 44,270.00 0 0 0 0 0 0 0 0 12,564.00 15,438.00 17,036.00 24,925.00 20,482.00 22,289.00 22,338.00 26,672.00 0 5,355.00 3,157.00
Common Shares Outstanding 27,727.00 27,365.00 27,122.00 26,671.00 26,540.00 25,918.00 25,749.00 24,998.00 24,851.00 20,705.00 20,619.00 20,244.00 20,160.00 20,141.00 20,071.00 20,028.00 19,968.00 19,099.00 19,021.00 18,970.00
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 101,230.00 64,978.00 34,854.00 -60,556.00 89,000.00 59,696.00 31,652.00 -70,284.00 92,818.00 63,484.00 33,064.00 -39,674.00 66,536.00 44,633.00 24,333.00 -35,659.00 54,951.00 36,970.00 19,802.00
Cost Of Revenue 33,569.00 20,459.00 10,246.00 -17,402.00 27,821.00 18,221.00 9,045.00 -17,305.00 25,120.00 17,066.00 8,664.00 -17,623.00 25,164.00 16,908.00 8,869.00 -13,989.00 21,646.00 14,533.00 7,310.00
Gross Profit 67,661.00 44,519.00 24,608.00 -43,154.00 61,179.00 41,475.00 22,607.00 -52,979.00 67,698.00 46,418.00 24,400.00 -22,051.00 41,372.00 27,725.00 15,464.00 -21,670.00 33,305.00 22,437.00 12,492.00
Operating Expenses 77,827.00 51,186.00 26,623.00 -45,726.00 69,424.00 46,098.00 23,048.00 -46,742.00 66,934.00 45,907.00 22,437.00 -32,661.00 53,099.00 35,744.00 17,635.00 -25,476.00 43,016.00 28,075.00 13,761.00
   Selling, General and Administrative Expenses 60,101.00 39,403.00 20,286.00 -35,817.00 51,930.00 34,872.00 17,830.00 -36,994.00 51,898.00 36,007.00 17,156.00 -22,307.00 38,442.00 25,667.00 12,382.00 -19,097.00 31,454.00 20,552.00 10,109.00
   Research and Development Expenses 4,476.00 3,302.00 2,029.00 -3,397.00 5,704.00 3,731.00 1,769.00 -3,544.00 5,107.00 3,304.00 1,979.00 -3,490.00 4,523.00 3,293.00 1,821.00 -2,153.00 3,972.00 2,467.00 1,124.00
   Other Operating Expenses 13,250.00 8,481.00 4,308.00 -6,512.00 11,790.00 7,495.00 3,449.00 -6,204.00 9,929.00 6,596.00 3,302.00 -6,864.00 10,134.00 6,784.00 3,432.00 -4,226.00 7,590.00 5,056.00 2,528.00
Operating Income -10,166.00 -6,667.00 -2,015.00 2,572.00 -8,245.00 -4,623.00 -441.00 -6,237.00 764.00 511.00 1,963.00 10,610.00 -11,727.00 -8,019.00 -2,171.00 3,806.00 -9,711.00 -5,638.00 -1,269.00
Net Non-Operating Income -2,216.00 -720.00 -92.00 -598.00 110.00 219.00 166.00 5,431.00 -6,129.00 -3,547.00 -1,861.00 0.00 -1,477.00 -754.00 -816.00 -9,044.00 17,868.00 8,207.00 -224.00
Interest Expense 3,226.00 1,260.00 451.00 -206.00 662.00 388.00 180.00 -5,506.00 4,321.00 3,538.00 1,944.00 -1,285.00 3,006.00 1,901.00 816.00 390.00 977.00 447.00 224.00
Net Interest 0 0 0 0 0 0 0 5,506.00 -4,321.00 -3,538.00 -1,944.00 1,285.00 -3,006.00 -1,901.00 -816.00 -390.00 -977.00 -447.00 -224.00
EBT -12,382.00 -7,387.00 -2,107.00 1,974.00 -8,135.00 -4,404.00 -275.00 -806.00 -5,365.00 -3,036.00 102.00 10,610.00 -13,204.00 -8,773.00 -2,987.00 -5,238.00 8,157.00 2,569.00 -1,493.00
Income Tax 1,501.00 1,134.00 291.00 202.00 434.00 264.00 33.00 -785.00 267.00 390.00 237.00 -228.00 206.00 104.00 30.00 -369.00 663.00 403.00 105.00
Net Income -13,883.00 -8,521.00 -2,398.00 1,772.00 -8,569.00 -4,668.00 -308.00 -495.00 -5,632.00 -3,426.00 339.00 10,838.00 -13,410.00 -8,877.00 -3,017.00 -4,869.00 7,494.00 2,166.00 -1,598.00
EBIT -9,156.00 -6,127.00 -1,656.00 1,768.00 -7,473.00 -4,016.00 -95.00 -6,312.00 -1,044.00 502.00 2,046.00 9,325.00 -10,198.00 -6,872.00 -2,171.00 -4,848.00 9,134.00 3,016.00 -1,269.00
Deprecation and Amortization 47,372.00 30,179.00 14,584.00 19,450.00 17,498.00 11,206.00 5,273.00 -10,291.00 15,435.00 10,481.00 5,110.00 -9,969.00 15,007.00 10,026.00 5,066.00 -8,074.00 12,713.00 8,704.00 4,283.00
EBITDA 38,216.00 24,052.00 12,928.00 21,218.00 10,025.00 7,190.00 5,178.00 -16,603.00 14,391.00 10,983.00 7,156.00 -644.00 4,809.00 3,154.00 2,895.00 -12,922.00 21,847.00 11,720.00 3,014.00
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 27,257.00 27,100.00 26,961.00 27,425.00 25,870.00 25,587.00 25,334.00 26,501.00 21,204.00 20,500.00 20,347.00 20,268.00 20,092.00 20,067.00 20,041.00 20,129.00 19,083.00 19,033.00 19,007.00
Average Shares Outstanding Diluted 27,257.00 27,100.00 26,961.00 27,425.00 25,870.00 25,587.00 25,334.00 25,807.00 21,204.00 20,500.00 21,041.00 20,268.00 20,092.00 20,067.00 20,041.00 20,588.00 19,243.00 19,198.00 19,007.00
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 10,924.00 5,151.00 1,996.00 15,448.00 -394.00 -1,719.00 -3,947.00 -3,619.00 11,835.00 6,096.00 4,588.00 -3,294.00 6,957.00 7,481.00 2,530.00 5,655.00 -1,144.00 -1,898.00 -1,235.00
   Operating Net Income -13,883.00 -8,521.00 -7,194.00 -21,774.00 -8,569.00 -4,668.00 -308.00 -495.00 -5,632.00 -3,426.00 339.00 10,838.00 -13,410.00 -8,877.00 -3,017.00 -4,869.00 7,494.00 2,166.00 -1,598.00
   Deprecation and Amortization 47,372.00 30,179.00 14,584.00 19,450.00 17,498.00 11,206.00 5,273.00 -10,291.00 15,435.00 10,481.00 5,110.00 -9,969.00 15,007.00 10,026.00 5,066.00 -8,074.00 12,713.00 8,704.00 4,283.00
   Deferred Income Tax 1,503.00 1,134.00 291.00 217.00 388.00 255.00 24.00 101.00 111.00 86.00 -73.00 -352.00 163.00 75.00 22.00 -308.00 559.00 358.00 98.00
   Share Based Compensation 5,721.00 3,754.00 1,863.00 -3,829.00 4,981.00 3,390.00 1,902.00 -2,996.00 4,170.00 2,919.00 1,337.00 -1,435.00 2,341.00 1,544.00 729.00 -1,100.00 2,124.00 1,340.00 626.00
   Change in Working Capital -9,487.00 -5,678.00 -3,998.00 19,842.00 -6,249.00 -5,207.00 -8,313.00 21,399.00 -10,328.00 -9,835.00 -10,014.00 10,295.00 7,031.00 243.00 -4,604.00 9,449.00 9,461.00 -4,796.00 -2,987.00
   Other Operating Activities -20,302.00 -15,717.00 -3,550.00 1,542.00 -8,443.00 -6,695.00 -2,525.00 -11,337.00 8,079.00 5,871.00 7,889.00 -12,671.00 -4,175.00 4,470.00 4,334.00 10,557.00 -33,495.00 -9,670.00 -1,657.00
Investing Cash Flow -78,170.00 -17,814.00 -12,630.00 10,807.00 -18,209.00 -7,359.00 -4,495.00 12,564.00 -18,176.00 -17,266.00 -6,647.00 26,281.00 -33,991.00 -21,570.00 -6,719.00 -86,266.00 -21,042.00 5,180.00 65,158.00
   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 25,753.00 13,209.00 9,307.00 -9,384.00 20,620.00 9,514.00 3,385.00 2,967.00 7,091.00 4,321.00 1,884.00 -5,727.00 7,696.00 4,150.00 2,716.00 -2,656.00 28,778.00 2,397.00 1,281.00
   Net Purchase/Sale of Investments Net 58,393.00 20,003.00 9,855.00 -9,075.00 24,239.00 15,079.00 5,922.00 -30,349.00 31,941.00 24,825.00 15,615.00 -20,638.00 40,613.00 22,320.00 5,005.00 33,993.00 9,126.00 7,813.00 0
   Net Purchase/Sale of Business 37,500.00 0 0 0 7,900.00 0 0 0 0 0 0 0 0 1,970.00 1,970.00 0.00 763.00 0 0
   Other Investing Activities -199,816.00 -51,026.00 -31,792.00 37,166.00 -70,968.00 -31,952.00 -13,802.00 39,946.00 -57,208.00 -46,412.00 -24,146.00 56,586.00 -82,300.00 -50,010.00 -16,410.00 -117,603.00 -59,709.00 -5,030.00 63,877.00
Financing Cash Flow 7,001.00 73,097.00 63,925.00 11,122.00 -26,291.00 -27,935.00 21,062.00 40,079.00 -21,400.00 -15,602.00 21,128.00 32,884.00 -34,032.00 -32,524.00 21,296.00 229,207.00 -133,990.00 -117,657.00 -68,210.00
   Net Issuance/Repayment of Debt 62,987.00 62,982.00 0 4,995.00 420.00 0 0 -564.00 35,627.00 643.00 232.00 0.00 1,688.00 0 0 -5,487.00 44,498.00 3,090.00 1,981.00
   Net Issuance/Repurchase of Equity 1,011.00 1,034.00 441.00 -280.00 902.00 572.00 176.00 -3,440.00 45,986.00 2,266.00 1,988.00 113.00 192.00 192.00 0 -424.00 526.00 468.00 108.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -56,997.00 9,081.00 63,484.00 6,407.00 -27,613.00 -28,507.00 20,886.00 44,083.00 -103,013.00 -18,511.00 18,908.00 32,771.00 -35,912.00 -32,716.00 21,296.00 235,118.00 -179,014.00 -121,215.00 -70,299.00
Net Change in Cash -60,245.00 60,434.00 53,291.00 37,377.00 -44,894.00 -37,013.00 12,620.00 49,024.00 -27,741.00 -26,772.00 19,069.00 55,871.00 -61,066.00 -46,613.00 17,107.00 148,596.00 -156,176.00 -114,375.00 -4,287.00
   Cash at Beginning of Period 145,712.00 145,712.00 145,712.00 108,335.00 177,622.00 177,622.00 177,622.00 128,598.00 164,042.00 164,042.00 164,042.00 108,171.00 198,641.00 198,743.00 198,743.00 50,147.00 324,985.00 324,985.00 28,577.00
   Cash at End of Period 85,467.00 206,146.00 199,003.00 145,712.00 132,728.00 140,609.00 190,242.00 177,622.00 136,301.00 137,270.00 183,111.00 164,042.00 137,575.00 152,130.00 215,850.00 198,743.00 168,809.00 210,610.00 24,290.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0