Valuation Ratios

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Price to Earnings 19.91 19.66
Price to Sales 2.64 1.70
Book Value Per Common Share 39.88 36.33 34.44 33.01
Price to Book 3.19 1.88
Price to Operating Cash Flow 13.96 9.09
Price to Free Cash Flow
Enterprise Value to EBITDA 113573.80 84851.37
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 2023-03-31 2022-12-31 2022-09-30
Price to Earnings 90.32 20.62 27.95 61.87 23.58 47.54
Price to Sales 12.06 2.83 3.95 6.82 1.75 3.14
Book Value Per Common Share 40.13 39.88 39.24 38.59 36.85 36.33 34.98 34.65 34.12 34.15 33.51 33.26
Price to Book 3.85 3.19 2.56 2.35 2.05 1.88 1.47 1.70
Price to Operating Cash Flow 42.72 13.54 48.56 31.88 8.06 25.87
Price to Free Cash Flow
Enterprise Value to EBITDA 518128.26 118506.43 165586.76 332997.39 89216.72 174794.18

Earnings Data

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Earning YoY 84.15 66.83 -68.34
Revenue YoY 12.85 9.22 4.99
EBITDA YoY 32.96 -5.74 37.31
Net Profit YoY 73.32 46.51 -69.98
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 2023-03-31 2022-12-31 2022-09-30
Earning YoY 50.15 166.39 75.81 376.92 -83.44 170.69 1060.00
Revenue YoY 53.87 107.27 54.15 106.61 -66.04 51.31 102.47
EBITDA YoY 51.56 139.31 63.22 162.09 -76.06 70.96 130.17
Net Profit YoY 49.85 164.32 72.86 374.70 -85.03 170.03 1101.46

Financial Strength

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Cash Per Common Share 5.42 5.61 6.08 7.17
Quick Ratio 0.68 0.71 0.87 1.01
Current Ratio 0.82 0.86 1.11 1.32
Debt to Equity 0.92 1.00 0.93 1.03
Long-Term Debt to Equity 0.57 0.65 0.63 0.75
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 2023-03-31 2022-12-31 2022-09-30
Cash Per Common Share 7.37 5.60 5.91 5.20 7.07 5.87 4.68 4.58 6.39 7.01 4.63 7.29
Quick Ratio 0.80 0.68 0.71 0.89 0.80 0.71 0.64 0.80 0.83 0.98 0.83 0.90
Current Ratio 0.98 0.82 0.83 1.06 0.94 0.86 0.76 0.95 0.95 1.22 1.14 1.16
Debt to Equity 0.97 0.92 0.95 0.89 1.03 1.00 1.06 0.97 1.03 0.90 0.87 0.98
Long-Term Debt to Equity 0.57 0.57 0.57 0.63 0.63 0.65 0.67 0.68 0.67 0.61 0.62 0.66

Profitability

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
ROA 8.61 4.99 3.32 10.26
ROE 16.54 9.99 6.41 20.85
Gross Margin 56.86 55.92 55.30 52.25
Operating Margin 19.62 14.36 11.74 3.43
EBITDA Margin 22.52 19.12 22.15 16.94
Net Profit Margin 13.26 8.63 6.43 22.51
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 2023-03-31 2022-12-31 2022-09-30
ROA 2.16 6.55 4.48 1.64 3.22 1.87 0.38 2.48 0.93 0.07
ROE 4.24 12.76 8.48 3.32 6.61 3.69 0.77 4.71 1.73 0.15
Gross Margin 56.57 56.99 56.93 55.44 56.07 55.30 54.28 55.37 55.57 54.97
Operating Margin 19.03 20.39 20.69 17.46 13.38 12.15 8.24 12.14 9.49 6.96
EBITDA Margin 23.42 23.29 23.65 20.48 18.52 17.49 13.79 19.56 17.31 15.23
Net Profit Margin 13.38 13.74 14.10 11.06 7.44 6.63 2.89 6.55 3.67 0.62

Dividends

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
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 2023-03-31 2022-12-31 2022-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets 2,752,352.00 2,741,417.00 2,810,541.00 3,030,240.00
   Current Assets 416,190.00 418,085.00 480,297.00 557,104.00
      Cash and Short-Term Investments 201,164.00 221,202.00 272,194.00 346,973.00
            Cash and Cash Equivalents 201,164.00 221,202.00 272,194.00 346,973.00
            Short-Term Investments 0 0 0 0
      Net Receivables 146,189.00 126,833.00 102,749.00 81,635.00
      Inventory 0 0 0 0
      Other Current Assets 68,837.00 70,050.00 105,354.00 128,496.00
   Non-Current Assets 2,336,162.00 2,323,332.00 2,330,244.00 2,473,136.00
      Property, Plant, Equipment Net 447,325.00 425,279.00 419,326.00 467,921.00
      Goodwill 961,262.00 961,262.00 961,262.00 961,262.00
      Intangible Assets 765,474.00 776,694.00 812,338.00 873,577.00
      Long-Term Investments 33,116.00 36,214.00 0 0
      Non-Current Deferred Assets 32,956.00 49,088.00 56,694.00 51,093.00
      Other Non-Current Assets 96,029.00 74,795.00 80,624.00 119,283.00
Liabilities 1,318,727.00 1,372,282.00 1,353,205.00 1,538,854.00
   Current Liabilities 507,927.00 487,657.00 431,203.00 423,647.00
      Payables and Expenses 258,677.00 270,956.00 239,659.00 223,056.00
            Account Payables 105,017.00 102,626.00 81,812.00 57,140.00
            Current Accrued Liabilities 153,660.00 168,330.00 157,847.00 165,916.00
      Short-Term Debt 35,159.00 31,429.00 37,673.00 50,781.00
      Other Current Liabilities 214,091.00 185,272.00 153,871.00 149,810.00
   Non-Current Liabilities 810,800.00 884,625.00 922,002.00 1,115,207.00
      Long-Term Debt 738,841.00 816,424.00 858,518.00 1,015,953.00
      Other Non-Current Liabilities 71,959.00 68,201.00 63,484.00 99,254.00
Equity 1,433,625.00 1,369,135.00 1,457,336.00 1,491,386.00
   Shareholders Equity 1,433,625.00 1,369,135.00 1,457,336.00 1,491,386.00
      Capital Stock 839.00 832.00 822.00 818.00
      Share Premium 664,300.00 611,949.00 568,761.00 521,848.00
      Retained Earnings 2,777,574.00 2,540,509.00 2,403,750.00 2,310,396.00
      Treasury Shares 2,006,861.00 1,781,928.00 1,513,770.00 1,339,449.00
      Accumulated Other Comprehensive Income -2,227.00 -2,227.00 -2,227.00 -2,227.00
   Minority Interest 0 0 0 0
Investments 46,441.00 41,453.00 0 0
Debt 774,000.00 847,853.00 896,191.00 1,066,734.00
Net Debt 572,836.00 626,651.00 422,883.00 491,935.00
Common Shares Outstanding 35,952.00 37,681.00 42,310.00 45,177.00
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Revenues 1,788,290.00 1,584,652.00 1,450,826.00 1,381,842.00
Cost Of Revenue 771,430.00 698,548.00 648,486.00 659,776.00
Interest Income 0 0 10,654.00 3,820.00
Interest Expense 52,318.00 63,659.00 58,246.00 98,940.00
Non-Interest Expense 0 0 586,009.00 566,494.00
Provisions for Credit Losses 1,940.00 2,938.00 0 0
Gross Profit 1,016,860.00 886,104.00 802,340.00 722,066.00
Operating Expenses 675,318.00 669,050.00 586,009.00 566,494.00
   Selling, General and Administrative Expenses 672,004.00 632,965.00 586,009.00 566,494.00
   Other Operating Expenses 3,314.00 36,085.00 0 0
Operating Income 341,542.00 217,054.00 216,331.00 155,572.00
Net Non-Operating Income -43,028.00 -53,117.00 6,965.00 1,108.00
EBT 298,514.00 163,937.00 112,035.00 -51,494.00
Income Tax 65,837.00 26,224.00 10,283.00 -15,539.00
Net Income Including Non-Controlling Interests 0 0 93,358.00 310,991.00
Net Income 237,065.00 136,777.00 93,358.00 310,991.00
EBIT 350,832.00 227,596.00 170,281.00 47,446.00
Deprecation and Amortization 51,922.00 75,320.00 151,085.00 186,596.00
EBITDA 402,754.00 302,916.00 321,366.00 234,042.00
EPS 0.01 0.00 0.00 0.01
Diluted EPS 0.01 0.00 0.00 0.01
Average Shares Outstanding Basic 37,085.00 39,413.00 44,781.00 48,388.00
Average Shares Outstanding Diluted 38,334.00 40,307.00 45,600.00 48,388.00
Breakdown 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Cash Flow 337,899.00 295,775.00 191,914.00 10,601.00
   Operating Net Income 237,065.00 136,777.00 101,752.00 -35,955.00
   Deprecation and Amortization 51,922.00 75,320.00 151,085.00 186,596.00
   Deferred Income Tax 18,413.00 11,073.00 -5,087.00 -544.00
   Share Based Compensation 41,590.00 25,947.00 14,299.00 22,611.00
   Change in Working Capital 79,387.00 163,967.00 -103,787.00 -83,201.00
   Other Operating Activities -90,478.00 -117,309.00 33,652.00 -78,906.00
Investing Cash Flow -41,921.00 -47,850.00 23,739.00 -551,804.00
   Capital Expenditure 0.00 0.00 -26,014.00 -31,054.00
   Net Purchase/Sale of PPE 57,661.00 48,893.00 0 0
   Net Purchase/Sale of Investments Net 5,168.00 2,421.00 6,127.00 -177.00
   Net Purchase/Sale of Business 0 0 0 -1,488,054.00
   Other Investing Activities -104,750.00 -99,164.00 43,626.00 967,481.00
Financing Cash Flow -316,016.00 -301,798.00 -288,515.00 -424,476.00
   Net Issuance/Repayment of Debt 119,746.00 53,792.00 -150,861.00 -229,713.00
   Net Issuance/Repurchase of Equity 224,434.00 279,865.00 -123,133.00 -120,000.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -660,196.00 -635,455.00 -14,521.00 -74,763.00
Net Change in Cash -20,038.00 -53,873.00 -72,862.00 -965,679.00
   Cash at Beginning of Period 221,202.00 275,075.00 347,937.00 1,313,616.00
   Cash at End of Period 201,164.00 221,202.00 275,075.00 347,937.00
Free Cash Flow 0 0 165,900.00 -20,453.00
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 2023-03-31 2022-12-31 2022-09-30
Assets 2,867,463.00 2,752,352.00 2,789,759.00 2,722,955.00 2,817,707.00 2,741,417.00 2,715,034.00 2,700,925.00 2,794,161.00 2,867,117.00 2,843,038.00 2,996,049.00
   Current Assets 567,217.00 416,190.00 450,343.00 407,085.00 516,914.00 418,085.00 387,634.00 378,099.00 472,928.00 533,034.00 423,116.00 569,922.00
      Cash and Short-Term Investments 266,185.00 201,164.00 221,181.00 195,419.00 266,872.00 221,202.00 187,324.00 186,077.00 264,426.00 317,177.00 210,010.00 329,995.00
            Cash and Cash Equivalents 266,185.00 201,164.00 221,181.00 195,419.00 266,872.00 221,202.00 187,324.00 186,077.00 264,426.00 317,177.00 210,010.00 329,995.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 194,837.00 146,189.00 162,972.00 146,973.00 171,509.00 126,833.00 140,909.00 133,666.00 147,752.00 113,284.00 99,542.00 111,858.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 106,195.00 68,837.00 66,190.00 64,693.00 78,533.00 70,050.00 59,401.00 58,356.00 60,750.00 102,573.00 113,564.00 128,069.00
   Non-Current Assets 2,300,246.00 2,336,162.00 2,339,416.00 2,315,870.00 2,300,793.00 2,323,332.00 2,327,400.00 2,322,826.00 2,321,233.00 2,334,083.00 2,419,922.00 2,426,127.00
      Property, Plant, Equipment Net 447,119.00 447,325.00 449,229.00 434,678.00 416,424.00 425,279.00 442,290.00 437,347.00 435,821.00 426,068.00 450,714.00 439,868.00
      Goodwill 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00 961,262.00
      Intangible Assets 762,669.00 765,474.00 768,279.00 771,084.00 773,889.00 776,694.00 784,042.00 792,328.00 801,661.00 824,641.00 838,873.00 855,049.00
      Long-Term Investments 32,033.00 33,116.00 33,421.00 34,032.00 35,277.00 36,214.00 36,081.00 36,775.00 36,625.00 39,947.00 39,043.00 37,467.00
      Non-Current Deferred Assets 0 32,956.00 33,157.00 28,413.00 33,454.00 49,088.00 64,213.00 58,212.00 54,855.00 54,494.00 52,460.00 49,318.00
      Other Non-Current Assets 97,163.00 96,029.00 94,068.00 86,401.00 80,487.00 74,795.00 39,512.00 36,902.00 31,009.00 27,671.00 77,570.00 83,163.00
Liabilities 1,409,839.00 1,318,727.00 1,357,046.00 1,284,045.00 1,427,755.00 1,372,282.00 1,394,071.00 1,331,526.00 1,415,498.00 1,356,732.00 1,320,316.00 1,486,010.00
   Current Liabilities 576,616.00 507,927.00 540,569.00 384,554.00 551,309.00 487,657.00 509,110.00 398,573.00 495,635.00 437,920.00 371,462.00 490,549.00
      Payables and Expenses 219,357.00 258,677.00 257,876.00 180,398.00 228,472.00 270,956.00 274,069.00 231,696.00 209,399.00 216,021.00 207,359.00 213,246.00
            Account Payables 104,576.00 105,017.00 98,709.00 66,920.00 91,421.00 102,626.00 92,198.00 88,093.00 76,866.00 73,307.00 71,189.00 64,407.00
            Current Accrued Liabilities 114,781.00 153,660.00 159,167.00 113,478.00 137,051.00 168,330.00 181,871.00 143,603.00 132,533.00 142,714.00 136,170.00 148,839.00
      Short-Term Debt 34,392.00 35,159.00 34,882.00 32,633.00 32,266.00 31,429.00 32,475.00 31,596.00 35,681.00 46,411.00 48,445.00 50,065.00
      Other Current Liabilities 322,867.00 214,091.00 247,811.00 171,523.00 290,571.00 185,272.00 202,566.00 135,281.00 250,555.00 175,488.00 115,658.00 227,238.00
   Non-Current Liabilities 833,223.00 810,800.00 816,477.00 899,491.00 876,446.00 884,625.00 884,961.00 932,953.00 919,863.00 918,812.00 948,854.00 995,461.00
      Long-Term Debt 741,558.00 738,841.00 745,646.00 831,975.00 811,075.00 816,424.00 807,823.00 864,976.00 856,248.00 858,614.00 860,277.00 906,536.00
      Other Non-Current Liabilities 91,665.00 71,959.00 70,831.00 67,516.00 65,371.00 68,201.00 77,138.00 67,977.00 63,615.00 60,198.00 88,577.00 88,925.00
Equity 1,457,624.00 1,433,625.00 1,432,713.00 1,438,910.00 1,389,952.00 1,369,135.00 1,320,963.00 1,369,399.00 1,378,663.00 1,510,385.00 1,522,722.00 1,510,039.00
   Shareholders Equity 1,457,624.00 1,433,625.00 1,432,713.00 1,438,910.00 1,389,952.00 1,369,135.00 1,320,963.00 1,369,399.00 1,378,663.00 1,510,385.00 1,522,722.00 1,510,039.00
      Capital Stock 847.00 839.00 839.00 839.00 838.00 832.00 831.00 831.00 826.00 822.00 822.00 821.00
      Share Premium 673,022.00 664,300.00 653,635.00 642,975.00 631,033.00 611,949.00 603,671.00 597,587.00 576,758.00 564,363.00 561,376.00 529,229.00
      Retained Earnings 2,839,406.00 2,777,574.00 2,723,362.00 2,662,530.00 2,586,674.00 2,540,509.00 2,491,090.00 2,454,269.00 2,414,378.00 2,381,506.00 2,349,146.00 2,325,002.00
      Treasury Shares 2,053,424.00 2,006,861.00 1,942,896.00 1,865,207.00 1,826,366.00 1,781,928.00 1,772,402.00 1,681,061.00 1,611,072.00 1,434,079.00 1,386,395.00 1,342,786.00
      Accumulated Other Comprehensive Income -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00 -2,227.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0
Investments 52,019.00 46,441.00 44,183.00 39,447.00 40,596.00 41,453.00 41,053.00 41,716.00 41,436.00 46,125.00 45,103.00 43,422.00
Debt 775,950.00 774,000.00 780,528.00 864,608.00 843,341.00 847,853.00 840,298.00 896,572.00 891,929.00 905,025.00 908,722.00 956,601.00
Net Debt 509,765.00 572,836.00 559,347.00 669,189.00 576,469.00 626,651.00 652,974.00 710,495.00 627,503.00 587,848.00 698,712.00 626,606.00
Common Shares Outstanding 36,324.00 35,952.00 36,512.00 37,289.00 37,716.00 37,681.00 37,765.00 39,526.00 40,401.00 44,232.00 45,443.00 45,396.00
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 2023-03-31 2022-12-31 2022-09-30
Revenues 462,288.00 -825,423.00 1,331,184.00 865,129.00 417,400.00 -721,025.00 1,174,745.00 762,087.00 368,845.00 1,086,185.00 717,861.00 354,559.00
Cost Of Revenue 200,767.00 -359,696.00 572,500.00 372,631.00 185,995.00 -326,765.00 516,008.00 340,687.00 168,618.00 484,768.00 318,948.00 159,645.00
Interest Income 0 0 0 0 0 0 0 0 0 47,806.00 33,349.00 17,760.00
Interest Expense 11,090.00 -32,020.00 41,465.00 28,391.00 14,482.00 -33,258.00 48,910.00 32,350.00 15,657.00 47,806.00 33,349.00 17,760.00
Net Interest 0 0 0 0 0 0 0 0 0 47,806.00 33,349.00 17,760.00
Provisions for Credit Losses 406.00 -4,529.00 2,421.00 2,217.00 1,831.00 -2,931.00 2,034.00 2,571.00 1,264.00 2,640.00 1,736.00 950.00
Gross Profit 261,521.00 -465,727.00 758,684.00 492,498.00 231,405.00 -394,260.00 658,737.00 421,400.00 200,227.00 601,417.00 398,913.00 194,914.00
Operating Expenses 176,044.00 -298,306.00 494,067.00 318,390.00 161,167.00 -347,783.00 510,206.00 334,594.00 172,033.00 472,804.00 329,793.00 171,821.00
   Selling, General and Administrative Expenses 175,734.00 -294,184.00 491,141.00 315,974.00 159,073.00 -333,177.00 478,368.00 321,679.00 166,095.00 432,713.00 289,009.00 148,341.00
   Other Operating Expenses 310.00 -4,122.00 2,926.00 2,416.00 2,094.00 -14,606.00 31,838.00 12,915.00 5,938.00 40,091.00 40,784.00 23,480.00
Operating Income 85,477.00 -167,421.00 264,617.00 174,108.00 70,238.00 -46,477.00 148,531.00 86,806.00 28,194.00 128,613.00 69,120.00 23,093.00
Net Non-Operating Income -8,604.00 27,004.00 -34,686.00 -23,510.00 -11,836.00 27,161.00 -40,262.00 -26,573.00 -13,443.00 -44,505.00 -34,356.00 -16,193.00
EBT 76,873.00 -140,417.00 229,931.00 150,598.00 58,402.00 -19,316.00 108,269.00 60,233.00 14,751.00 84,108.00 34,764.00 6,900.00
Income Tax 15,811.00 -31,213.00 51,716.00 33,177.00 12,157.00 -8,285.00 21,156.00 10,561.00 2,792.00 5,906.00 5,301.00 1,054.00
Net Income 61,832.00 -113,974.00 182,853.00 122,021.00 46,165.00 -11,764.00 87,358.00 50,537.00 10,646.00 71,114.00 26,336.00 2,192.00
EBIT 87,963.00 -172,437.00 271,396.00 178,989.00 72,884.00 -52,574.00 157,179.00 92,583.00 30,408.00 131,914.00 68,113.00 24,660.00
Deprecation and Amortization 20,317.00 -24,971.00 38,682.00 25,603.00 12,608.00 -46,261.00 60,402.00 40,724.00 20,455.00 80,554.00 56,165.00 29,333.00
EBITDA 108,280.00 -197,408.00 310,078.00 204,592.00 85,492.00 -98,835.00 217,581.00 133,307.00 50,863.00 212,468.00 124,278.00 53,993.00
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
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
Average Shares Outstanding Basic 36,111.00 35,607.00 37,434.00 37,578.00 37,721.00 35,617.00 40,000.00 40,636.00 41,399.00 45,276.00 45,350.00 45,274.00
Average Shares Outstanding Diluted 37,057.00 36,889.00 38,583.00 38,755.00 39,109.00 36,684.00 40,874.00 41,486.00 42,184.00 46,089.00 46,232.00 46,342.00
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 2023-03-31 2022-12-31 2022-09-30
Operating Cash Flow 130,549.00 -99,921.00 278,207.00 70,297.00 89,316.00 -151,699.00 255,205.00 92,584.00 99,685.00 149,417.00 41,414.00 91,394.00
   Operating Net Income 61,832.00 -113,974.00 182,853.00 122,021.00 46,165.00 -11,764.00 87,358.00 50,537.00 10,646.00 71,114.00 26,336.00 2,192.00
   Deprecation and Amortization 20,317.00 -24,971.00 38,682.00 25,603.00 12,608.00 -46,261.00 60,402.00 40,724.00 20,455.00 80,554.00 56,165.00 29,333.00
   Deferred Income Tax 54,413.00 -41,553.00 19,994.00 23,516.00 16,456.00 13,901.00 -4,650.00 -343.00 2,165.00 -1,718.00 -245.00 2,629.00
   Share Based Compensation 8,293.00 -19,960.00 31,181.00 20,918.00 9,451.00 -14,418.00 19,405.00 13,505.00 7,455.00 10,908.00 8,113.00 6,145.00
   Change in Working Capital 162,988.00 -99,229.00 110,175.00 -61,035.00 129,476.00 -215,658.00 177,367.00 49,073.00 153,185.00 19,295.00 -32,394.00 98,687.00
   Other Operating Activities -177,294.00 199,766.00 -104,678.00 -60,726.00 -124,840.00 122,501.00 -84,677.00 -60,912.00 -94,221.00 -30,736.00 -16,561.00 -47,592.00
Investing Cash Flow -16,023.00 18,095.00 -30,265.00 -20,216.00 -9,535.00 49,182.00 -51,886.00 -30,200.00 -14,946.00 64,568.00 -22,668.00 -11,913.00
   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
   Net Purchase/Sale of PPE 16,023.00 -5,184.00 31,337.00 21,094.00 10,414.00 -48,495.00 52,014.00 30,328.00 15,046.00 19,056.00 9,747.00 5,551.00
   Net Purchase/Sale of Investments Net 100.00 -7,469.00 5,168.00 3,974.00 3,495.00 -527.00 1,124.00 1,124.00 700.00 55,943.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -32,146.00 30,748.00 -66,770.00 -45,284.00 -23,444.00 98,204.00 -105,024.00 -61,652.00 -30,692.00 -10,431.00 -32,415.00 -17,464.00
Financing Cash Flow -49,505.00 41,922.00 -247,963.00 -75,864.00 -34,111.00 236,042.00 -291,070.00 -151,382.00 -95,388.00 -210,874.00 -166,420.00 -102,974.00
   Net Issuance/Repayment of Debt 0 -19,746.00 119,746.00 9,873.00 9,873.00 0.00 53,792.00 0 0 150,861.00 150,861.00 100,861.00
   Net Issuance/Repurchase of Equity 8,137.00 -60,384.00 157,366.00 84,466.00 42,986.00 -254,029.00 266,456.00 176,221.00 91,217.00 46,783.00 1,711.00 1,373.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -57,642.00 122,052.00 -525,075.00 -170,203.00 -86,970.00 490,071.00 -611,318.00 -327,603.00 -186,605.00 -408,518.00 -318,992.00 -205,208.00
Net Change in Cash 65,021.00 -39,904.00 -21.00 -25,783.00 45,670.00 133,525.00 -87,751.00 -88,998.00 -10,649.00 -30,760.00 -137,927.00 -17,942.00
   Cash at Beginning of Period 201,164.00 241,068.00 221,202.00 221,202.00 221,202.00 87,677.00 275,075.00 275,075.00 275,075.00 347,937.00 347,937.00 347,937.00
   Cash at End of Period 266,185.00 201,164.00 221,181.00 195,419.00 266,872.00 221,202.00 187,324.00 186,077.00 264,426.00 317,177.00 210,010.00 329,995.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0