Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 7.72 7.21 7.28 9.26
Price to Sales 8.29
Book Value Per Common Share 11.29 11.28 11.05 11.36
Price to Book 0.85 0.76 0.74 0.97
Price to Operating Cash Flow 8.29 11.94 9.72 -1.82
Price to Free Cash Flow -1.82
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Price to Earnings 10.31 17.25 38.16 10.21 14.52 33.21 10.13 13.75 31.76 10.60
Price to Sales
Book Value Per Common Share 11.10 11.18 11.29 11.29 11.32 11.36 11.44 11.28 11.25 11.34 11.17 11.05 11.28
Price to Book 0.79 0.82 0.84 0.85 0.87 0.86 0.81 0.76 0.79 0.69 0.71 0.74 0.73
Price to Operating Cash Flow -20.96 -15.92 -129.62 6.20 7.20 201.74 -15.40 -31.04 -9.31 7.62
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 4.20 6.25 -5.88
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Earning YoY 60.38 112.00 43.28 139.29 54.39 128.00 -67.95
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.86 0.66 1.35
Quick Ratio
Current Ratio
Debt to Equity 1.26 1.24 1.27 1.91
Long-Term Debt to Equity
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
Cash Per Common Share 0.79 0.47 0.95 0.87 0.62 0.80 0.60 0.66 0.46 0.75 0.51 1.29 1.36
Quick Ratio
Current Ratio
Debt to Equity 1.42 1.38 1.35 1.26 1.18 1.17 1.23 1.24 1.29 1.26 1.26 1.27 1.16
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 3.60
ROE 10.47
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 89.51
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 2023-06-30 2023-03-31 2022-12-31 2022-09-30
ROA
ROE
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00
Dividend Payout Ratio 68.94
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 2,695,660.00 2,677,453.00 2,709,957.00 2,160,906.00
      Cash and Short-Term Investments 91,339.00 70,528.00 139,415.00 0
            Cash and Cash Equivalents 91,339.00 70,528.00 139,415.00 84,253.00
            Short-Term Investments 0 0 0 0
      Net Receivables 16,427.00 1,299.00 0 253,377.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 1,816,935.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 1,505,306.00 1,480,894.00 1,517,628.00 1,418,975.00
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 0 34,831.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 0 0 0 1,372,745.00
      Other Non-Current Liabilities 0 0 0 0
Equity 1,190,354.00 1,196,559.00 1,192,329.00 741,931.00
   Shareholders Equity 1,190,354.00 1,196,559.00 1,192,329.00 741,931.00
      Capital Stock 105.00 106.00 108.00 65.00
      Share Premium 1,846,977.00 1,854,457.00 1,855,975.00 1,027,687.00
      Retained Earnings -656,728.00 -658,004.00 -663,754.00 -285,821.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Investments 151,716.00 115,601.00 107,680.00 0
Debt 1,011,831.00 720,583.00 718,978.00 1,372,745.00
Net Debt 920,492.00 650,055.00 579,563.00 1,288,492.00
Common Shares Outstanding 105,408.94 106,067.07 107,916.17 65,316.08
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 0 0 0 86,788.00
Interest Income 85,516.00 84,711.00 56,865.00 113,436.00
Interest Expense 85,516.00 84,711.00 56,865.00 33,014.00
Net Interest 85,516.00 84,711.00 56,865.00 0
Non-Interest Expense 0 0 0 9,095.00
Operating Expenses 0 0 0 9,095.00
   Selling, General and Administrative Expenses 9,832.00 9,984.00 9,917.00 9,095.00
EBT 0 0 0 77,693.00
Income Tax 0.00 0.00 0.00 8.00
Net Income Including Non-Controlling Interests 0 0 0 77,685.00
Net Income 0 0 0 77,685.00
Deprecation and Amortization 11,651.00 8,425.00 11,538.00 0
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 105,793.12 107,040.68 102,911.99 65,316.08
Average Shares Outstanding Diluted 105,793.12 107,040.68 102,911.99 65,316.08
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 122,161.00 76,944.00 86,267.00 -396,553.00
   Operating Net Income 110,289.00 127,999.00 4,681.00 77,685.00
   Deprecation and Amortization 11,651.00 8,425.00 11,538.00 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital 1,641.00 16,414.00 11,990.00 -10,741.00
   Other Operating Activities -1,420.00 -75,894.00 58,058.00 -463,497.00
Investing Cash Flow 0 0 0 0
   Capital Expenditure 0.00 0.00 0.00 0
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 0 0
Financing Cash Flow -101,350.00 -145,831.00 -31,105.00 388,319.00
   Net Issuance/Repayment of Debt 984,068.00 206,552.00 392,718.00 449,152.00
   Net Issuance/Repurchase of Equity 6,442.00 14,772.00 32,105.00 0
   Dividends Paid 110,052.00 108,997.00 93,726.00 -53,559.00
   Other Financing Activities -1,201,912.00 -476,152.00 -549,654.00 -7,274.00
Net Change in Cash 20,811.00 -68,887.00 55,162.00 -8,234.00
   Cash at Beginning of Period 70,528.00 139,415.00 84,253.00 92,487.00
   Cash at End of Period 91,339.00 70,528.00 139,415.00 84,253.00
Free Cash Flow 0 0 0 -396,553.00
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
Assets 2,821,892.00 2,793,307.00 2,791,309.00 2,695,660.00 2,605,078.00 2,603,643.00 2,698,686.00 2,677,453.00 2,741,710.00 2,730,413.00 2,726,921.00 2,709,957.00 2,646,988.00
      Cash and Short-Term Investments 83,206.00 49,261.00 100,616.00 91,339.00 65,994.00 84,363.00 64,113.00 70,528.00 49,758.00 80,330.00 55,395.00 139,415.00 137,323.00
            Cash and Cash Equivalents 83,206.00 49,261.00 100,616.00 91,339.00 65,994.00 84,363.00 64,113.00 70,528.00 49,758.00 80,330.00 55,395.00 139,415.00 137,323.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 94,383.00 15,522.00 340.00 16,427.00 12,820.00 25,631.00 2,159.00 1,299.00 53,961.00 27,780.00 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0 0 0 0 0 0 0 0 0 0
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 1,655,097.00 1,617,463.00 1,602,506.00 1,505,306.00 1,410,637.00 1,401,767.00 1,486,810.00 1,480,894.00 1,543,486.00 1,522,816.00 1,521,920.00 1,517,628.00 1,418,927.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 1,166,795.00 1,175,844.00 1,188,803.00 1,190,354.00 1,194,441.00 1,201,876.00 1,211,876.00 1,196,559.00 1,198,224.00 1,207,597.00 1,205,001.00 1,192,329.00 1,228,061.00
   Shareholders Equity 1,166,795.00 1,175,844.00 1,188,803.00 1,190,354.00 1,194,441.00 1,201,876.00 1,211,876.00 1,196,559.00 1,198,224.00 1,207,597.00 1,205,001.00 1,192,329.00 1,228,061.00
      Capital Stock 105.00 105.00 105.00 105.00 106.00 106.00 106.00 106.00 107.00 107.00 108.00 108.00 109.00
      Share Premium 1,844,638.00 1,844,638.00 1,845,526.00 1,846,977.00 1,849,484.00 1,851,442.00 1,853,350.00 1,854,457.00 1,845,122.00 1,845,122.00 1,855,975.00 1,855,975.00 1,575,568.00
      Retained Earnings -677,948.00 -668,899.00 -656,828.00 -656,728.00 -655,149.00 -649,672.00 -641,580.00 -658,004.00 -647,005.00 -637,632.00 -651,082.00 -663,754.00 -347,616.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 114,791.00 105,761.00 139,308.00 151,716.00 109,963.00 105,442.00 107,911.00 115,601.00 116,640.00 123,944.00 118,606.00 107,680.00 114,865.00
Debt 1,265,550.00 1,021,059.00 1,018,281.00 1,011,831.00 1,021,044.00 1,009,085.00 1,010,811.00 720,583.00 720,187.00 719,790.00 719,351.00 718,978.00 718,592.00
Net Debt 1,182,344.00 971,798.00 917,665.00 920,492.00 955,050.00 924,722.00 946,698.00 650,055.00 670,429.00 639,460.00 663,956.00 579,563.00 581,269.00
Common Shares Outstanding 105,158.94 105,158.94 105,258.94 105,408.94 105,558.94 105,757.99 105,951.16 106,067.07 106,516.17 106,516.17 107,916.17 107,916.17 108,882.10
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 2022-09-30
Cost Of Revenue 2,500.00 1,200.00 400.00 0 1,600.00 600.00 300.00 0 800.00 400.00 200.00 0
   Selling, General and Administrative Expenses 5,884.00 3,989.00 1,694.00 -5,309.00 7,446.00 5,019.00 2,676.00 -5,481.00 7,546.00 5,183.00 2,736.00 8,686.00
Interest Income 63,882.00 42,373.00 20,196.00 -41,841.00 64,419.00 41,856.00 21,082.00 -36,688.00 61,956.00 40,127.00 19,316.00 40,170.00
Interest Expense 63,882.00 42,373.00 20,196.00 -41,841.00 64,419.00 41,856.00 21,082.00 -36,688.00 61,956.00 40,127.00 19,316.00 40,170.00
Net Interest 63,882.00 42,373.00 20,196.00 -41,841.00 64,419.00 41,856.00 21,082.00 -36,688.00 61,956.00 40,127.00 19,316.00 40,170.00
EBT 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 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 Income 0 0 0 0 0 0 0 0 0 0 0 0
Deprecation and Amortization 7,962.00 5,213.00 2,648.00 -4,312.00 8,071.00 5,473.00 2,419.00 -3,728.00 6,042.00 4,094.00 2,017.00 8,579.00
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 105,253.99 105,302.31 105,373.38 105,281.52 105,883.52 105,968.57 106,038.87 105,333.23 107,266.07 107,647.24 107,916.17 100,993.58
Average Shares Outstanding Diluted 105,253.99 105,302.31 105,373.38 105,281.52 105,883.52 105,968.57 106,038.87 105,333.23 107,266.07 107,647.24 107,916.17 100,993.58
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 2022-09-30
Operating Cash Flow -43,985.00 -60,462.00 -7,752.00 -193,251.00 167,318.00 143,203.00 4,891.00 258,220.00 -62,060.00 -27,196.00 -92,020.00 109,681.00
   Operating Net Income 76,686.00 53,135.00 32,576.00 -82,614.00 85,461.00 63,441.00 44,001.00 -89,509.00 98,089.00 79,768.00 39,651.00 5,932.00
   Deprecation and Amortization 7,962.00 5,213.00 2,648.00 -4,312.00 8,071.00 5,473.00 2,419.00 -3,728.00 6,042.00 4,094.00 2,017.00 8,579.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -8,869.00 -698.00 -8,538.00 31,489.00 -6,068.00 -16,360.00 -7,420.00 -22,897.00 11,375.00 12,339.00 15,597.00 45,645.00
   Other Operating Activities -119,764.00 -118,112.00 -34,438.00 -137,814.00 79,854.00 90,649.00 -34,109.00 374,354.00 -177,566.00 -123,397.00 -149,285.00 49,525.00
Investing Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0
   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 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow 35,852.00 18,384.00 17,029.00 211,176.00 -171,852.00 -129,368.00 -11,306.00 -94,345.00 -27,597.00 -31,889.00 8,000.00 -56,611.00
   Net Issuance/Repayment of Debt 1,322,334.00 254,971.00 156,844.00 -1,213,539.00 860,068.00 713,039.00 624,500.00 69,552.00 67,000.00 35,000.00 35,000.00 332,718.00
   Net Issuance/Repurchase of Equity 2,339.00 2,339.00 1,451.00 -2,653.00 4,973.00 3,015.00 1,107.00 -6,936.00 10,854.00 10,854.00 0 23,623.00
   Dividends Paid 97,906.00 65,306.00 32,676.00 -55,240.00 82,606.00 55,109.00 27,577.00 -52,968.00 81,340.00 53,646.00 26,979.00 67,727.00
   Other Financing Activities -1,386,727.00 -304,232.00 -173,942.00 1,482,608.00 -1,119,499.00 -900,531.00 -664,490.00 -103,993.00 -186,791.00 -131,389.00 -53,979.00 -480,679.00
Net Change in Cash -8,133.00 -42,078.00 9,277.00 17,925.00 -4,534.00 13,835.00 -6,415.00 163,875.00 -89,657.00 -59,085.00 -84,020.00 53,070.00
   Cash at Beginning of Period 91,339.00 91,339.00 91,339.00 73,414.00 70,528.00 70,528.00 70,528.00 -93,347.00 139,415.00 139,415.00 139,415.00 84,253.00
   Cash at End of Period 83,206.00 49,261.00 100,616.00 91,339.00 65,994.00 84,363.00 64,113.00 70,528.00 49,758.00 80,330.00 55,395.00 137,323.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0