Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -22.96 7.36 -10.55 33.53 36.98
Price to Sales 1.40 1.32 1.70 3.37 3.50
Book Value Per Common Share 13.65 16.60 11.57 18.08 17.07
Price to Book 2.14 2.33 4.40 4.75 4.70
Price to Operating Cash Flow 14.59 11.33 21.21 19.39 21.86
Price to Free Cash Flow
Enterprise Value to EBITDA 131732.37 115961.74 174387.65 188557.28
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 69.00 72.10 136.92 -140.63 -61.94 610.57 7.93 -239.79 450.67 -10.36 100.36 553.86 38.67 68.22 142.95
Price to Sales 1.41 2.85 6.68 2.45 2.30 6.04 1.75 3.19 5.61 2.41 4.33 10.52 4.36 6.71 14.46
Book Value Per Common Share 14.12 14.30 13.83 15.47 15.02 16.09 16.01 11.01 11.64 11.00 17.61 18.04 17.44 16.85 16.74
Price to Book 1.61 2.12 2.48 2.46 2.23 2.66 2.36 4.14 3.48 4.89 3.65 4.30 4.61 4.78 5.04
Price to Operating Cash Flow 44.75 645.63 -45.40 36.40 61.24 133.19 15.98 27.78 42.76 35.09 67.02 187.52 26.46 47.51 112.98
Price to Free Cash Flow
Enterprise Value to EBITDA 113077.77 233131.05 539249.86 185666.74 248209.55 393352.07 191166.71 319319.67 394688.28 247188.93 692761.68 208536.41 328516.43 717028.11

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 17.97
Revenue YoY -28.20 -1.99 18.22 9.52
EBITDA YoY -33.08 14.08
Net Profit YoY -99.85 17606.67 -98.83 16.52
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY -21.43 68.00 357.14 76.27 100.00
Revenue YoY 52.16 107.05 6.47 106.12 51.36 97.86 50.62 101.05 53.38 105.16
EBITDA YoY 55.34 104.62 51.75 24.28 38.37 39.11 132.15 57.09 107.91
Net Profit YoY -21.20 72.22 50.00 -94.59 -80.63 24010.00 -77.27 -98.14 354.93 75.50 100.00

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 6.91 12.62 6.78 11.85 14.60
Quick Ratio 0.80 1.40 1.28 2.03 2.85
Current Ratio 1.36 1.48 1.69 2.09 2.52
Debt to Equity 2.67 2.34 3.80 2.68 1.29
Long-Term Debt to Equity 1.74 1.57 2.99 2.21 0.91
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 3.36 3.29 4.48 2.79 4.12 5.96 11.44 3.40 3.31 3.18 3.68 4.56 6.48 6.22 6.30
Quick Ratio 0.93 1.18 1.13 0.51 0.77 0.87 1.34 0.73 0.89 1.12 1.10 1.22 1.55 1.54 1.60
Current Ratio 1.84 2.30 2.02 1.43 1.40 1.48 1.94 1.42 1.70 2.11 2.01 2.10 2.37 2.39 2.47
Debt to Equity 1.92 1.89 2.02 2.36 2.41 2.37 2.75 3.95 3.76 4.01 2.58 2.59 1.25 1.31 1.29
Long-Term Debt to Equity 1.40 1.48 1.53 1.58 1.62 1.60 1.99 2.93 2.96 3.35 2.14 2.16 0.86 0.91 0.92

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.02 9.39 0.05 3.83 5.50
ROE 0.06 31.37 0.25 14.08 12.63
Gross Margin 37.46 33.59 35.71 39.93 39.30
Operating Margin 1.24 2.86 -12.82 12.37 11.51
EBITDA Margin 10.61 11.39 -3.54 19.33 18.56
Net Profit Margin 0.04 17.93 0.10 10.04 9.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 0.81 1.03 0.59 0.01 0.01 0.13 7.86 0.04 0.16 0.02 1.01 0.22 5.28 3.03 1.53
ROE 2.37 2.98 1.79 0.04 0.03 0.45 29.52 0.18 0.74 0.11 3.63 0.78 11.87 6.98 3.51
Gross Margin 33.88 34.08 32.80 38.37 38.06 38.61 32.06 33.05 36.91 35.04 37.58 36.36 39.90 39.34 38.87
Operating Margin 3.53 2.96 2.97 3.67 0.85 6.04 0.55 1.30 5.48 -20.31 7.67 4.94 13.97 13.17 12.80
EBITDA Margin 12.49 12.24 12.38 13.21 9.27 15.37 9.14 10.00 14.22 -10.79 17.54 15.19 20.93 20.43 20.16
Net Profit Margin 2.07 3.99 4.80 0.04 0.03 1.03 22.06 0.14 1.21 0.05 4.33 1.92 11.28 9.86 10.12

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 25,782,000.00 28,276,000.00 28,287,000.00 33,521,000.00 20,019,000.00
   Current Assets 8,853,000.00 9,600,000.00 8,011,000.00 8,872,000.00 8,411,000.00
      Cash and Short-Term Investments 3,524,000.00 6,384,000.00 3,418,000.00 5,951,000.00 7,430,000.00
            Cash and Cash Equivalents 3,524,000.00 6,384,000.00 3,418,000.00 5,951,000.00 7,430,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,679,000.00 2,690,000.00 2,659,000.00 2,629,000.00 2,077,000.00
      Inventory 2,046,000.00 2,824,000.00 2,718,000.00 2,453,000.00 1,916,000.00
      Other Current Assets 1,604,000.00 -2,298,000.00 -784,000.00 -2,161,000.00 -3,012,000.00
   Non-Current Assets 16,929,000.00 18,676,000.00 20,276,000.00 24,649,000.00 11,608,000.00
      Property, Plant, Equipment Net 3,176,000.00 4,957,000.00 5,529,000.00 5,808,000.00 5,325,000.00
      Goodwill 17,815,000.00 22,406,000.00 6,843,000.00 9,836,000.00 3,217,000.00
      Intangible Assets 5,223,000.00 6,079,000.00 6,793,000.00 7,792,000.00 1,671,000.00
      Long-Term Investments 109,000.00 194,000.00 247,000.00 154,000.00 135,000.00
      Non-Current Deferred Assets 204,000.00 384,000.00 280,000.00 376,000.00 748,000.00
      Other Non-Current Assets -9,598,000.00 -15,344,000.00 584,000.00 683,000.00 512,000.00
Liabilities 18,758,000.00 19,808,000.00 22,392,000.00 24,400,000.00 11,293,000.00
   Current Liabilities 6,511,000.00 6,503,000.00 4,745,000.00 4,236,000.00 3,333,000.00
      Payables and Expenses 1,861,000.00 2,594,000.00 2,202,000.00 2,479,000.00 2,927,000.00
            Account Payables 968,000.00 1,241,000.00 1,139,000.00 1,246,000.00 1,043,000.00
            Current Accrued Liabilities 1,861,000.00 2,594,000.00 2,202,000.00 2,479,000.00 415,000.00
      Short-Term Debt 2,752,000.00 2,668,000.00 1,404,000.00 511,000.00 406,000.00
      Other Current Liabilities 1,898,000.00 1,241,000.00 1,139,000.00 1,246,000.00 0.00
   Non-Current Liabilities 12,247,000.00 13,305,000.00 17,647,000.00 20,164,000.00 7,960,000.00
      Long-Term Debt 10,617,000.00 11,568,000.00 456,000.00 522,000.00 501,000.00
      Other Non-Current Liabilities 1,630,000.00 1,737,000.00 17,191,000.00 19,642,000.00 7,459,000.00
Equity 7,024,000.00 8,468,000.00 5,895,000.00 9,121,000.00 8,726,000.00
   Shareholders Equity 6,964,000.00 8,402,000.00 5,833,000.00 9,077,000.00 8,689,000.00
      Capital Stock 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00
      Share Premium 6,421,000.00 6,389,000.00 6,322,000.00 6,197,000.00 6,043,000.00
      Retained Earnings 14,929,000.00 16,114,000.00 14,050,000.00 17,065,000.00 16,328,000.00
      Treasury Shares 11,059,000.00 11,230,000.00 11,389,000.00 11,488,000.00 11,051,000.00
      Accumulated Other Comprehensive Income -4,118,000.00 -3,674,000.00 -3,952,000.00 -3,506,000.00 -3,467,000.00
   Minority Interest 60,000.00 66,000.00 62,000.00 44,000.00 37,000.00
Investments 1,540,000.00 2,430,000.00 2,400,000.00 2,400,000.00 1,700,000.00
Debt 13,369,000.00 14,236,000.00 1,860,000.00 1,033,000.00 907,000.00
Net Debt 9,845,000.00 7,852,000.00 0 0 0
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 10,636,000.00 14,813,000.00 15,113,000.00 12,784,000.00 11,673,000.00
Cost Of Revenue 6,652,000.00 9,838,000.00 9,716,000.00 7,679,000.00 7,086,000.00
Gross Profit 3,984,000.00 4,975,000.00 5,397,000.00 5,105,000.00 4,587,000.00
Operating Expenses 718,000.00 237,000.00 4,939,000.00 -2,102,000.00 -2,148,000.00
   Selling, General and Administrative Expenses 5,375,000.00 3,946,000.00 3,887,000.00 2,867,000.00 2,469,000.00
   Research and Development Expenses 1,081,000.00 667,000.00 605,000.00 534,000.00 521,000.00
   Other Operating Expenses -5,738,000.00 -4,376,000.00 447,000.00 -5,503,000.00 -5,138,000.00
Operating Income 3,266,000.00 4,738,000.00 458,000.00 7,207,000.00 6,735,000.00
Net Non-Operating Income -3,555,000.00 -4,841,000.00 -2,822,000.00 -5,843,000.00 -5,554,000.00
Interest Income -287,000.00 79,000.00 31,000.00 25,000.00 28,000.00
Interest Expense 421,000.00 527,000.00 426,000.00 217,000.00 162,000.00
Net Interest -708,000.00 -448,000.00 -395,000.00 -192,000.00 -134,000.00
EBT -289,000.00 -103,000.00 -2,364,000.00 1,364,000.00 1,181,000.00
Income Tax 38,000.00 28,000.00 67,000.00 159,000.00 158,000.00
Net Income Including Non-Controlling Interests -7,000.00 2,649,000.00 3,000.00 1,273,000.00 1,094,000.00
Net Income Non-Controlling Interests 11,000.00 7,000.00 12,000.00 11,000.00 8,000.00
Net Income 4,000.00 2,656,000.00 15,000.00 1,284,000.00 1,102,000.00
EBIT 132,000.00 424,000.00 -1,938,000.00 1,581,000.00 1,343,000.00
Deprecation and Amortization 997,000.00 1,263,000.00 1,403,000.00 890,000.00 823,000.00
EBITDA 1,129,000.00 1,687,000.00 -535,000.00 2,471,000.00 2,166,000.00
EPS -0.00 0.01 -0.00 0.00 0.00
Diluted EPS -0.00 0.01 -0.00 0.00 0.00
Average Shares Outstanding Basic 510,000.00 506,000.00 504,000.00 502,000.00 509,000.00
Average Shares Outstanding Diluted 510,000.00 506,000.00 504,000.00 508,000.00 517,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,019,000.00 1,726,000.00 1,211,000.00 2,222,000.00 1,868,000.00
   Operating Net Income -1,925,000.00 7,982,000.00 -7,275,000.00 3,874,000.00 3,322,000.00
   Deprecation and Amortization 997,000.00 1,263,000.00 1,403,000.00 890,000.00 823,000.00
   Deferred Income Tax -262,000.00 -499,000.00 -225,000.00 -146,000.00 -88,000.00
   Share Based Compensation 114,000.00 133,000.00 154,000.00 146,000.00 130,000.00
   Change in Working Capital 473,000.00 327,000.00 197,000.00 460,000.00 431,000.00
   Other Operating Activities 1,622,000.00 -7,480,000.00 6,957,000.00 -3,002,000.00 -2,750,000.00
Investing Cash Flow -1,252,000.00 3,213,000.00 -931,000.00 -11,200,000.00 -1,179,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 446,000.00 692,000.00 679,000.00 743,000.00 709,000.00
   Net Purchase/Sale of Investments Net 18,000.00 -26,000.00 291,000.00 339,000.00 348,000.00
   Net Purchase/Sale of Business 14,000.00 6,000.00 263,000.00 10,502,000.00 494,000.00
   Other Investing Activities -1,730,000.00 2,541,000.00 -2,164,000.00 -22,784,000.00 -2,730,000.00
Financing Cash Flow -1,081,000.00 -3,489,000.00 -1,438,000.00 8,245,000.00 -345,000.00
   Net Issuance/Repayment of Debt 10,075,000.00 4,975,000.00 1,009,000.00 14,972,000.00 2,840,000.00
   Net Issuance/Repurchase of Equity 0 0 32,000.00 600,000.00 500,000.00
   Dividends Paid 590,000.00 586,000.00 573,000.00 530,000.00 473,000.00
   Other Financing Activities -11,746,000.00 -9,050,000.00 -3,052,000.00 -7,857,000.00 -4,158,000.00
Net Change in Cash -784,000.00 1,476,000.00 -1,234,000.00 -780,000.00 401,000.00
   Cash at Beginning of Period 3,198,000.00 1,722,000.00 2,956,000.00 3,736,000.00 3,335,000.00
   Cash at End of Period 2,414,000.00 3,198,000.00 1,722,000.00 2,956,000.00 3,736,000.00
Free Cash Flow 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 21,067,000.00 21,046,000.00 21,304,000.00 25,782,000.00 26,676,000.00 26,312,000.00 27,788,000.00 28,276,000.00 30,656,000.00 27,885,000.00 28,291,000.00 28,287,000.00 27,965,000.00 31,831,000.00 32,716,000.00 33,521,000.00 19,807,000.00 19,682,000.00 19,466,000.00 20,019,000.00
   Current Assets 6,933,000.00 6,749,000.00 7,035,000.00 8,853,000.00 8,864,000.00 8,593,000.00 9,400,000.00 9,600,000.00 12,034,000.00 8,205,000.00 8,099,000.00 8,011,000.00 7,810,000.00 7,882,000.00 8,173,000.00 8,872,000.00 8,167,000.00 8,004,000.00 7,856,000.00 8,411,000.00
      Cash and Short-Term Investments 1,726,000.00 1,686,000.00 2,294,000.00 3,524,000.00 1,420,000.00 2,095,000.00 3,026,000.00 6,384,000.00 5,788,000.00 1,722,000.00 1,673,000.00 3,418,000.00 1,601,000.00 1,852,000.00 2,294,000.00 5,951,000.00 3,258,000.00 3,136,000.00 3,182,000.00 7,430,000.00
            Cash and Cash Equivalents 1,726,000.00 1,686,000.00 2,294,000.00 3,524,000.00 1,420,000.00 2,095,000.00 3,026,000.00 6,384,000.00 5,788,000.00 1,722,000.00 1,673,000.00 3,418,000.00 1,601,000.00 1,852,000.00 2,294,000.00 5,951,000.00 3,258,000.00 3,136,000.00 3,182,000.00 7,430,000.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,777,000.00 1,773,000.00 1,646,000.00 1,679,000.00 1,729,000.00 2,639,000.00 2,521,000.00 2,690,000.00 2,512,000.00 2,495,000.00 2,547,000.00 2,659,000.00 2,555,000.00 2,473,000.00 2,471,000.00 2,629,000.00 2,074,000.00 2,021,000.00 1,915,000.00 2,077,000.00
      Inventory 2,460,000.00 2,384,000.00 2,170,000.00 2,046,000.00 2,103,000.00 2,985,000.00 2,988,000.00 2,824,000.00 2,873,000.00 2,897,000.00 2,922,000.00 2,718,000.00 2,675,000.00 2,663,000.00 2,548,000.00 2,453,000.00 2,025,000.00 2,065,000.00 2,017,000.00 1,916,000.00
      Other Current Assets 970,000.00 906,000.00 925,000.00 1,604,000.00 3,612,000.00 874,000.00 865,000.00 -2,298,000.00 861,000.00 1,091,000.00 957,000.00 -784,000.00 979,000.00 894,000.00 860,000.00 -2,161,000.00 810,000.00 782,000.00 742,000.00 -3,012,000.00
   Non-Current Assets 14,134,000.00 14,297,000.00 14,269,000.00 16,929,000.00 17,812,000.00 17,719,000.00 18,388,000.00 18,676,000.00 18,622,000.00 19,680,000.00 20,192,000.00 20,276,000.00 20,155,000.00 23,949,000.00 24,543,000.00 24,649,000.00 11,640,000.00 11,678,000.00 11,610,000.00 11,608,000.00
      Property, Plant, Equipment Net 3,082,000.00 3,091,000.00 3,018,000.00 3,176,000.00 3,160,000.00 4,838,000.00 4,901,000.00 4,957,000.00 4,797,000.00 5,027,000.00 5,554,000.00 5,529,000.00 5,345,000.00 5,542,000.00 5,723,000.00 5,808,000.00 5,163,000.00 5,216,000.00 5,181,000.00 5,325,000.00
      Goodwill 5,400,000.00 5,395,000.00 5,338,000.00 17,815,000.00 5,783,000.00 6,001,000.00 6,430,000.00 22,406,000.00 6,407,000.00 6,418,000.00 6,868,000.00 6,843,000.00 6,639,000.00 9,644,000.00 9,816,000.00 9,836,000.00 3,098,000.00 3,148,000.00 6,225,000.00 3,217,000.00
      Intangible Assets 4,805,000.00 4,950,000.00 5,081,000.00 5,223,000.00 5,449,000.00 5,741,000.00 5,905,000.00 6,079,000.00 6,230,000.00 6,470,000.00 6,640,000.00 6,793,000.00 6,927,000.00 7,459,000.00 7,693,000.00 7,792,000.00 1,876,000.00 1,910,000.00 1,962,000.00 1,671,000.00
      Long-Term Investments 0 0 0 109,000.00 0 0 0 194,000.00 0 0 0 247,000.00 0 0 0 154,000.00 0 0 0 135,000.00
      Non-Current Deferred Assets 0 0 0 204,000.00 0 0 0 384,000.00 0 0 0 280,000.00 0 0 0 376,000.00 0 0 0 748,000.00
      Other Non-Current Assets 847,000.00 861,000.00 832,000.00 -9,598,000.00 3,420,000.00 1,139,000.00 1,152,000.00 -15,344,000.00 1,188,000.00 1,765,000.00 1,130,000.00 584,000.00 1,244,000.00 1,304,000.00 1,311,000.00 683,000.00 1,503,000.00 1,404,000.00 -1,758,000.00 512,000.00
Liabilities 13,853,000.00 13,753,000.00 14,250,000.00 18,758,000.00 18,734,000.00 18,604,000.00 19,553,000.00 19,808,000.00 22,490,000.00 22,254,000.00 22,350,000.00 22,392,000.00 22,386,000.00 22,928,000.00 23,597,000.00 24,400,000.00 10,992,000.00 11,147,000.00 10,976,000.00 11,293,000.00
   Current Liabilities 3,775,000.00 2,939,000.00 3,481,000.00 6,511,000.00 6,200,000.00 6,131,000.00 6,365,000.00 6,503,000.00 6,209,000.00 5,765,000.00 4,760,000.00 4,745,000.00 3,708,000.00 3,916,000.00 3,890,000.00 4,236,000.00 3,441,000.00 3,344,000.00 3,187,000.00 3,333,000.00
      Payables and Expenses 3,020,000.00 2,931,000.00 2,819,000.00 1,861,000.00 2,613,000.00 3,663,000.00 3,731,000.00 2,594,000.00 3,783,000.00 3,518,000.00 3,607,000.00 2,202,000.00 3,429,000.00 3,508,000.00 3,481,000.00 2,479,000.00 2,931,000.00 2,887,000.00 2,780,000.00 2,927,000.00
            Account Payables 953,000.00 995,000.00 963,000.00 968,000.00 841,000.00 1,251,000.00 1,329,000.00 1,241,000.00 1,246,000.00 1,240,000.00 1,290,000.00 1,139,000.00 1,234,000.00 1,282,000.00 1,223,000.00 1,246,000.00 999,000.00 1,005,000.00 1,023,000.00 1,043,000.00
            Current Accrued Liabilities 2,067,000.00 1,936,000.00 1,856,000.00 1,861,000.00 1,772,000.00 2,412,000.00 2,402,000.00 2,594,000.00 2,537,000.00 2,278,000.00 2,317,000.00 2,202,000.00 2,195,000.00 2,226,000.00 2,258,000.00 2,479,000.00 1,932,000.00 1,882,000.00 1,757,000.00 415,000.00
      Short-Term Debt 755,000.00 8,000.00 662,000.00 2,752,000.00 2,498,000.00 2,468,000.00 2,634,000.00 2,668,000.00 2,426,000.00 2,177,000.00 1,153,000.00 1,404,000.00 279,000.00 408,000.00 409,000.00 511,000.00 510,000.00 457,000.00 407,000.00 406,000.00
      Other Current Liabilities 0.00 0.00 0.00 1,898,000.00 1,089,000.00 0.00 0.00 1,241,000.00 0.00 70,000.00 0.00 1,139,000.00 0.00 0.00 0.00 1,246,000.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 10,078,000.00 10,814,000.00 10,769,000.00 12,247,000.00 12,534,000.00 12,473,000.00 13,188,000.00 13,305,000.00 16,281,000.00 16,489,000.00 17,590,000.00 17,647,000.00 18,678,000.00 19,012,000.00 19,707,000.00 20,164,000.00 7,551,000.00 7,803,000.00 7,789,000.00 7,960,000.00
      Long-Term Debt 210,000.00 225,000.00 235,000.00 10,617,000.00 10,696,000.00 10,875,000.00 11,536,000.00 11,568,000.00 14,503,000.00 14,744,000.00 15,736,000.00 456,000.00 16,607,000.00 470,000.00 508,000.00 522,000.00 484,000.00 469,000.00 472,000.00 501,000.00
      Other Non-Current Liabilities 9,868,000.00 10,589,000.00 10,534,000.00 1,630,000.00 1,838,000.00 1,598,000.00 1,652,000.00 1,737,000.00 1,778,000.00 1,745,000.00 1,854,000.00 17,191,000.00 2,071,000.00 18,542,000.00 19,199,000.00 19,642,000.00 7,067,000.00 7,334,000.00 7,317,000.00 7,459,000.00
Equity 7,214,000.00 7,293,000.00 7,054,000.00 7,024,000.00 7,942,000.00 7,708,000.00 8,235,000.00 8,468,000.00 8,166,000.00 5,631,000.00 5,941,000.00 5,895,000.00 5,579,000.00 8,903,000.00 9,119,000.00 9,121,000.00 8,815,000.00 8,535,000.00 8,490,000.00 8,726,000.00
   Shareholders Equity 7,241,000.00 7,320,000.00 7,081,000.00 6,964,000.00 7,872,000.00 7,643,000.00 8,173,000.00 8,402,000.00 8,101,000.00 5,569,000.00 5,879,000.00 5,833,000.00 5,535,000.00 8,859,000.00 9,075,000.00 9,077,000.00 8,770,000.00 8,494,000.00 8,452,000.00 8,689,000.00
      Capital Stock 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00 683,000.00
      Share Premium 6,345,000.00 6,328,000.00 6,309,000.00 6,421,000.00 6,391,000.00 6,353,000.00 6,339,000.00 6,389,000.00 6,368,000.00 6,341,000.00 6,312,000.00 6,322,000.00 6,297,000.00 6,253,000.00 6,207,000.00 6,197,000.00 6,131,000.00 6,090,000.00 6,043,000.00 6,043,000.00
      Retained Earnings 14,837,000.00 14,970,000.00 14,968,000.00 14,929,000.00 15,529,000.00 15,539,000.00 16,003,000.00 16,114,000.00 16,015,000.00 13,655,000.00 13,947,000.00 14,050,000.00 14,015,000.00 17,099,000.00 16,994,000.00 17,065,000.00 16,967,000.00 16,658,000.00 16,502,000.00 16,328,000.00
      Treasury Shares 10,891,000.00 10,915,000.00 10,937,000.00 11,059,000.00 11,084,000.00 11,104,000.00 11,130,000.00 11,230,000.00 11,249,000.00 11,296,000.00 11,324,000.00 11,389,000.00 11,406,000.00 11,409,000.00 11,422,000.00 11,488,000.00 11,529,000.00 11,561,000.00 11,296,000.00 11,051,000.00
      Accumulated Other Comprehensive Income -3,733,000.00 -3,746,000.00 -3,942,000.00 -4,118,000.00 -3,647,000.00 -3,828,000.00 -3,722,000.00 -3,674,000.00 -3,716,000.00 -3,814,000.00 -3,739,000.00 -3,952,000.00 -4,054,000.00 -3,767,000.00 -3,387,000.00 -3,506,000.00 -3,482,000.00 -3,376,000.00 -3,480,000.00 -3,467,000.00
   Minority Interest -27,000.00 -27,000.00 -27,000.00 60,000.00 70,000.00 65,000.00 62,000.00 66,000.00 65,000.00 62,000.00 62,000.00 62,000.00 44,000.00 44,000.00 44,000.00 44,000.00 45,000.00 41,000.00 38,000.00 37,000.00
Investments 1,640,000.00 1,620,000.00 1,490,000.00 1,540,000.00 1,540,000.00 2,370,000.00 2,260,000.00 2,430,000.00 2,280,000.00 2,270,000.00 2,300,000.00 2,400,000.00 2,300,000.00 2,300,000.00 2,300,000.00 2,400,000.00 1,800,000.00 1,800,000.00 1,600,000.00 1,700,000.00
Debt 965,000.00 233,000.00 897,000.00 13,369,000.00 13,194,000.00 13,343,000.00 14,170,000.00 14,236,000.00 16,929,000.00 16,921,000.00 16,889,000.00 1,860,000.00 16,886,000.00 878,000.00 917,000.00 1,033,000.00 994,000.00 926,000.00 879,000.00 907,000.00
Net Debt 0 0 0 9,845,000.00 11,774,000.00 11,248,000.00 11,144,000.00 7,852,000.00 11,141,000.00 15,199,000.00 15,216,000.00 0 15,285,000.00 0 0 0 0 0 0 0
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 8,270,000.00 5,435,000.00 2,625,000.00 -8,243,000.00 7,883,000.00 7,404,000.00 3,592,000.00 -6,984,000.00 10,928,000.00 7,220,000.00 3,649,000.00 -7,273,000.00 11,226,000.00 7,453,000.00 3,707,000.00 -5,476,000.00 9,270,000.00 6,044,000.00 2,946,000.00
Cost Of Revenue 5,468,000.00 3,583,000.00 1,764,000.00 -4,997,000.00 4,858,000.00 4,586,000.00 2,205,000.00 -4,723,000.00 7,425,000.00 4,834,000.00 2,302,000.00 -4,587,000.00 7,292,000.00 4,652,000.00 2,359,000.00 -3,359,000.00 5,571,000.00 3,666,000.00 1,801,000.00
Gross Profit 2,802,000.00 1,852,000.00 861,000.00 -3,246,000.00 3,025,000.00 2,818,000.00 1,387,000.00 -2,261,000.00 3,503,000.00 2,386,000.00 1,347,000.00 -2,686,000.00 3,934,000.00 2,801,000.00 1,348,000.00 -2,117,000.00 3,699,000.00 2,378,000.00 1,145,000.00
Operating Expenses -141,000.00 -53,000.00 -11,000.00 -513,000.00 398,000.00 703,000.00 130,000.00 -736,000.00 354,000.00 496,000.00 123,000.00 3,817,000.00 2,005,000.00 -606,000.00 -277,000.00 1,249,000.00 -1,779,000.00 -1,065,000.00 -507,000.00
   Selling, General and Administrative Expenses 3,970,000.00 2,650,000.00 1,309,000.00 94,000.00 2,206,000.00 2,048,000.00 1,027,000.00 -1,984,000.00 2,961,000.00 1,959,000.00 1,010,000.00 -2,168,000.00 2,975,000.00 2,028,000.00 1,052,000.00 -1,044,000.00 1,982,000.00 1,302,000.00 627,000.00
   Research and Development Expenses 774,000.00 541,000.00 270,000.00 177,000.00 379,000.00 349,000.00 176,000.00 -321,000.00 495,000.00 329,000.00 164,000.00 -293,000.00 450,000.00 298,000.00 150,000.00 -257,000.00 396,000.00 267,000.00 128,000.00
   Other Operating Expenses -4,885,000.00 -3,244,000.00 -1,590,000.00 -784,000.00 -2,187,000.00 -1,694,000.00 -1,073,000.00 1,569,000.00 -3,102,000.00 -1,792,000.00 -1,051,000.00 6,278,000.00 -1,420,000.00 -2,932,000.00 -1,479,000.00 2,550,000.00 -4,157,000.00 -2,634,000.00 -1,262,000.00
Operating Income 2,943,000.00 1,905,000.00 872,000.00 -2,733,000.00 2,627,000.00 2,115,000.00 1,257,000.00 -1,525,000.00 3,149,000.00 1,890,000.00 1,224,000.00 -6,503,000.00 1,929,000.00 3,407,000.00 1,625,000.00 -3,366,000.00 5,478,000.00 3,443,000.00 1,652,000.00
Net Non-Operating Income -2,692,000.00 -1,775,000.00 -875,000.00 2,242,000.00 -2,395,000.00 -2,259,000.00 -1,143,000.00 1,849,000.00 -3,484,000.00 -2,055,000.00 -1,151,000.00 6,223,000.00 -4,499,000.00 -3,016,000.00 -1,530,000.00 2,501,000.00 -4,311,000.00 -2,721,000.00 -1,312,000.00
Interest Income -152,000.00 -104,000.00 4,000.00 -158,000.00 -198,000.00 44,000.00 25,000.00 25,000.00 26,000.00 18,000.00 10,000.00 9,000.00 12,000.00 7,000.00 3,000.00 6,000.00 10,000.00 6,000.00 3,000.00
Interest Expense 41,000.00 31,000.00 81,000.00 54,000.00 57,000.00 207,000.00 103,000.00 -254,000.00 395,000.00 259,000.00 127,000.00 -133,000.00 290,000.00 181,000.00 88,000.00 -22,000.00 128,000.00 74,000.00 37,000.00
Net Interest -193,000.00 -135,000.00 -77,000.00 -209,000.00 -255,000.00 -166,000.00 -78,000.00 279,000.00 -369,000.00 -241,000.00 -117,000.00 142,000.00 -278,000.00 -174,000.00 -85,000.00 28,000.00 -118,000.00 -68,000.00 -34,000.00
EBT 251,000.00 130,000.00 -3,000.00 -491,000.00 232,000.00 -144,000.00 114,000.00 324,000.00 -335,000.00 -165,000.00 73,000.00 -280,000.00 -2,570,000.00 391,000.00 95,000.00 -865,000.00 1,167,000.00 722,000.00 340,000.00
Income Tax 119,000.00 53,000.00 65,000.00 -242,000.00 71,000.00 131,000.00 78,000.00 -223,000.00 195,000.00 28,000.00 28,000.00 -33,000.00 24,000.00 57,000.00 19,000.00 -162,000.00 123,000.00 145,000.00 53,000.00
Net Income Including Non-Controlling Interests 513,000.00 651,000.00 378,000.00 -33,000.00 -6,000.00 -3,000.00 35,000.00 194,000.00 2,405,000.00 7,000.00 43,000.00 -382,000.00 -2,000.00 318,000.00 69,000.00 -653,000.00 1,039,000.00 591,000.00 296,000.00
Net Income Non-Controlling Interests -342,000.00 -434,000.00 -252,000.00 -5,000.00 9,000.00 5,000.00 2,000.00 -3,000.00 6,000.00 3,000.00 1,000.00 -3,000.00 8,000.00 5,000.00 2,000.00 -3,000.00 7,000.00 5,000.00 2,000.00
Net Income 171,000.00 217,000.00 126,000.00 -38,000.00 3,000.00 2,000.00 37,000.00 191,000.00 2,411,000.00 10,000.00 44,000.00 -385,000.00 6,000.00 323,000.00 71,000.00 -656,000.00 1,046,000.00 596,000.00 298,000.00
EBIT 292,000.00 161,000.00 78,000.00 -437,000.00 289,000.00 63,000.00 217,000.00 70,000.00 60,000.00 94,000.00 200,000.00 -413,000.00 -2,280,000.00 572,000.00 183,000.00 -887,000.00 1,295,000.00 796,000.00 377,000.00
Deprecation and Amortization 741,000.00 504,000.00 247,000.00 -713,000.00 752,000.00 623,000.00 335,000.00 -623,000.00 939,000.00 628,000.00 319,000.00 -781,000.00 1,069,000.00 735,000.00 380,000.00 -411,000.00 645,000.00 439,000.00 217,000.00
EBITDA 1,033,000.00 665,000.00 325,000.00 -1,150,000.00 1,041,000.00 686,000.00 552,000.00 -553,000.00 999,000.00 722,000.00 519,000.00 -1,194,000.00 -1,211,000.00 1,307,000.00 563,000.00 -1,298,000.00 1,940,000.00 1,235,000.00 594,000.00
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 -0.01 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 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 513,000.00 512,000.00 512,000.00 514,000.00 509,000.00 509,000.00 508,000.00 507,000.00 506,000.00 506,000.00 505,000.00 507,000.00 503,000.00 503,000.00 503,000.00 496,000.00 503,000.00 504,000.00 505,000.00
Average Shares Outstanding Diluted 514,000.00 514,000.00 514,000.00 510,000.00 511,000.00 509,000.00 510,000.00 505,000.00 506,000.00 506,000.00 507,000.00 496,000.00 503,000.00 508,000.00 509,000.00 502,000.00 509,000.00 510,000.00 511,000.00
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 261,000.00 24,000.00 -386,000.00 47,000.00 531,000.00 278,000.00 163,000.00 -778,000.00 1,195,000.00 830,000.00 479,000.00 -251,000.00 772,000.00 482,000.00 208,000.00 -538,000.00 1,529,000.00 854,000.00 377,000.00
   Operating Net Income 513,000.00 651,000.00 378,000.00 -826,000.00 -393,000.00 -821,000.00 115,000.00 888,000.00 7,245,000.00 -285,000.00 134,000.00 -645,000.00 -7,826,000.00 979,000.00 217,000.00 -1,974,000.00 3,152,000.00 1,798,000.00 898,000.00
   Deprecation and Amortization 741,000.00 504,000.00 247,000.00 -713,000.00 752,000.00 623,000.00 335,000.00 -623,000.00 939,000.00 628,000.00 319,000.00 -781,000.00 1,069,000.00 735,000.00 380,000.00 -411,000.00 645,000.00 439,000.00 217,000.00
   Deferred Income Tax -115,000.00 -165,000.00 -142,000.00 78,000.00 -136,000.00 -135,000.00 -69,000.00 304,000.00 -597,000.00 -156,000.00 -50,000.00 91,000.00 -174,000.00 -87,000.00 -55,000.00 13,000.00 -98,000.00 -36,000.00 -25,000.00
   Share Based Compensation 80,000.00 45,000.00 10,000.00 -39,000.00 75,000.00 53,000.00 25,000.00 -57,000.00 103,000.00 62,000.00 25,000.00 -77,000.00 122,000.00 77,000.00 32,000.00 -28,000.00 93,000.00 59,000.00 22,000.00
   Change in Working Capital 400,000.00 330,000.00 136,000.00 -356,000.00 261,000.00 360,000.00 208,000.00 -558,000.00 341,000.00 303,000.00 241,000.00 -904,000.00 708,000.00 423,000.00 -30,000.00 -192,000.00 342,000.00 212,000.00 98,000.00
   Other Operating Activities -1,358,000.00 -1,341,000.00 -1,015,000.00 1,903,000.00 -28,000.00 198,000.00 -451,000.00 -732,000.00 -6,836,000.00 278,000.00 -190,000.00 2,065,000.00 6,873,000.00 -1,645,000.00 -336,000.00 2,054,000.00 -2,605,000.00 -1,618,000.00 -833,000.00
Investing Cash Flow 3,039,000.00 3,150,000.00 3,265,000.00 436,000.00 -842,000.00 -514,000.00 -332,000.00 626,000.00 3,443,000.00 -686,000.00 -170,000.00 539,000.00 -675,000.00 -491,000.00 -304,000.00 -9,003,000.00 -933,000.00 -726,000.00 -538,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 382,000.00 271,000.00 122,000.00 -358,000.00 323,000.00 299,000.00 182,000.00 -310,000.00 502,000.00 328,000.00 172,000.00 -251,000.00 479,000.00 311,000.00 140,000.00 -265,000.00 508,000.00 329,000.00 171,000.00
   Net Purchase/Sale of Investments Net -32,000.00 -32,000.00 2,000.00 -50,000.00 26,000.00 26,000.00 16,000.00 3,000.00 -19,000.00 -5,000.00 -5,000.00 321,000.00 -10,000.00 -10,000.00 -10,000.00 411,000.00 -38,000.00 -20,000.00 -14,000.00
   Net Purchase/Sale of Business 0 0 0 14,000.00 0 0 0 -6,000.00 6,000.00 3,000.00 3,000.00 -307,000.00 206,000.00 190,000.00 174,000.00 9,241,000.00 463,000.00 417,000.00 381,000.00
   Other Investing Activities 2,689,000.00 2,911,000.00 3,141,000.00 830,000.00 -1,191,000.00 -839,000.00 -530,000.00 939,000.00 2,954,000.00 -1,012,000.00 -340,000.00 776,000.00 -1,350,000.00 -982,000.00 -608,000.00 -18,390,000.00 -1,866,000.00 -1,452,000.00 -1,076,000.00
Financing Cash Flow -4,069,000.00 -3,988,000.00 -3,226,000.00 1,357,000.00 -1,222,000.00 -1,076,000.00 -140,000.00 -2,071,000.00 -554,000.00 -492,000.00 -372,000.00 1,446,000.00 -1,319,000.00 -1,017,000.00 -548,000.00 10,341,000.00 -1,031,000.00 -707,000.00 -358,000.00
   Net Issuance/Repayment of Debt 3,205,000.00 3,205,000.00 2,525,000.00 6,752,000.00 1,649,000.00 1,646,000.00 28,000.00 4,213,000.00 917,000.00 91,000.00 -246,000.00 -1,727,000.00 1,673,000.00 704,000.00 359,000.00 14,213,000.00 708,000.00 51,000.00 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0.00 32,000.00 0 0 -818,000.00 600,000.00 565,000.00 253,000.00
   Dividends Paid 261,000.00 174,000.00 87,000.00 -295,000.00 443,000.00 295,000.00 147,000.00 -291,000.00 439,000.00 292,000.00 146,000.00 -275,000.00 427,000.00 281,000.00 140,000.00 -234,000.00 390,000.00 249,000.00 125,000.00
   Other Financing Activities -7,535,000.00 -7,367,000.00 -5,838,000.00 -5,100,000.00 -3,314,000.00 -3,017,000.00 -315,000.00 -5,993,000.00 -1,910,000.00 -875,000.00 -272,000.00 3,448,000.00 -3,451,000.00 -2,002,000.00 -1,047,000.00 -2,820,000.00 -2,729,000.00 -1,572,000.00 -736,000.00
Net Change in Cash -686,000.00 -726,000.00 -118,000.00 1,604,000.00 -1,118,000.00 -1,102,000.00 -168,000.00 -2,553,000.00 4,070,000.00 4,000.00 -45,000.00 1,875,000.00 -1,352,000.00 -1,100,000.00 -657,000.00 841,000.00 -475,000.00 -596,000.00 -550,000.00
   Cash at Beginning of Period 2,414,000.00 2,414,000.00 2,414,000.00 810,000.00 3,198,000.00 3,198,000.00 3,198,000.00 5,751,000.00 1,722,000.00 1,722,000.00 1,722,000.00 -153,000.00 2,956,000.00 2,956,000.00 2,956,000.00 2,115,000.00 3,736,000.00 3,736,000.00 3,736,000.00
   Cash at End of Period 1,728,000.00 1,688,000.00 2,296,000.00 2,414,000.00 2,080,000.00 2,096,000.00 3,030,000.00 3,198,000.00 5,792,000.00 1,726,000.00 1,677,000.00 1,722,000.00 1,604,000.00 1,856,000.00 2,299,000.00 2,956,000.00 3,261,000.00 3,140,000.00 3,186,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0