Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 19.41 22.76 24.23 28.88
Price to Book
Price to Operating Cash Flow
Price to Free Cash Flow
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 6.27
Price to Sales
Book Value Per Common Share 17.55 17.89 18.85 19.41 20.36 21.21 22.57 22.76 22.65 22.54 23.56 24.23 55.33
Price to Book 0.66
Price to Operating Cash Flow 2.88
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
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 479900.00
Revenue YoY
EBITDA YoY
Net Profit YoY -55.14

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 1.89 2.83 0.53
Quick Ratio
Current Ratio
Debt to Equity 1.54 1.57 1.67 1.31
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 0.28 1.22 1.00 1.91 1.48 1.05 2.23 2.87 1.56 2.12 1.24 0.54 1.75
Quick Ratio
Current Ratio
Debt to Equity 1.46 1.60 1.53 1.54 1.47 1.49 1.50 1.57 1.54 1.59 1.64 1.67 1.35
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -1.31 2.07 -3.39 4.01
ROE -3.33 5.33 -9.05 9.29
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 67.16
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 3.35 -1.07 -0.02 -0.73 -0.39 0.85 0.80 -0.55 0.01 -0.36
ROE 8.23 -2.79 -0.05 -1.81 -0.96 2.13 2.04 -1.42 0.02 -0.84
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
Dividend Payout Ratio 75.49
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 453,634.00 549,239.00 619,486.00 648,301.00
      Cash and Short-Term Investments 17,532.00 26,912.00 5,148.00 0
            Cash and Cash Equivalents 17,532.00 26,912.00 5,148.00 28,919.00
            Short-Term Investments 0 0 0 0
      Net Receivables 6,088.00 5,162.00 4,828.00 26,214.00
      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 0 549,985.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 275,141.00 335,721.00 387,363.00 368,179.00
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 0 7,417.00
            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 0 347,191.00
      Other Non-Current Liabilities 0 0 0 0
Equity 178,493.00 213,518.00 232,123.00 280,122.00
   Shareholders Equity 178,493.00 213,518.00 232,123.00 280,122.00
      Capital Stock 92.00 94.00 96.00 97.00
      Share Premium 714,333.00 721,149.00 742,552.00 733,095.00
      Retained Earnings -535,932.00 -507,725.00 -510,525.00 -453,070.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Debt 106,983.00 231,185.00 282,415.00 347,191.00
Net Debt 89,451.00 204,273.00 277,267.00 318,272.00
Common Shares Outstanding 9,198.17 9,383.13 9,581.54 9,699.69
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 0 0 0 38,750.00
Interest Income 0 0 133,023.00 68,532.00
Interest Expense 40,333.00 49,393.00 17,701.00 13,644.00
Net Interest 0 0 115,322.00 0
Non-Interest Expense 0 0 0 9,447.00
Operating Expenses 0 0 0 11,282.00
   Selling, General and Administrative Expenses 3,654.00 4,342.00 5,184.00 9,447.00
   Other Operating Expenses 0 0 0 1,835.00
EBT 0 0 0 27,468.00
Income Tax 0.00 0.00 0.00 1,442.00
Net Income Including Non-Controlling Interests 0 0 0 26,026.00
Net Income -5,935.00 11,381.00 -20,996.00 26,026.00
Deprecation and Amortization 4,618.00 6,982.00 10,648.00 0
EPS -0.00 0.00 -0.00 0.00
Diluted EPS -0.00 0.00 -0.00 0.00
Average Shares Outstanding Basic 9,272.81 9,509.40 9,634.47 8,536.08
Average Shares Outstanding Diluted 9,272.81 9,509.40 9,634.47 8,536.08
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 56,634.00 120,899.00 -33,099.00 61,149.00
   Operating Net Income -5,935.00 11,381.00 -20,996.00 26,026.00
   Deprecation and Amortization 4,618.00 6,982.00 10,648.00 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital -1,383.00 -1,145.00 -22,426.00 9,257.00
   Other Operating Activities 59,334.00 103,681.00 -325.00 25,866.00
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 -88,245.00 -82,466.00 -2,110.00 -75,712.00
   Net Issuance/Repayment of Debt 87,479.00 55,500.00 21,571.00 -56,656.00
   Net Issuance/Repurchase of Equity 3,832.00 4,355.00 4,209.00 2,193.00
   Dividends Paid 25,258.00 25,631.00 23,550.00 -19,647.00
   Other Financing Activities -204,814.00 -167,952.00 -51,440.00 -1,602.00
Net Change in Cash -31,611.00 38,433.00 -35,209.00 -14,563.00
   Cash at Beginning of Period 71,564.00 33,131.00 68,340.00 82,903.00
   Cash at End of Period 39,953.00 71,564.00 33,131.00 68,340.00
Free Cash Flow 0 0 0 61,149.00
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 567,844.00 427,995.00 438,780.00 453,634.00 463,672.00 488,811.00 527,382.00 549,239.00 545,711.00 557,244.00 593,629.00 619,486.00 658,228.00
      Cash and Short-Term Investments 2,844.00 11,222.00 9,233.00 17,532.00 13,736.00 9,813.00 20,829.00 26,912.00 14,896.00 20,254.00 11,865.00 5,148.00 16,871.00
            Cash and Cash Equivalents 2,844.00 11,222.00 9,233.00 17,532.00 13,736.00 9,813.00 20,829.00 26,912.00 14,896.00 20,254.00 11,865.00 5,148.00 16,871.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 5,887.00 4,429.00 4,787.00 6,088.00 5,544.00 4,659.00 5,135.00 5,162.00 6,066.00 5,245.00 3,777.00 4,828.00 3,166.00
      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 336,540.00 263,266.00 265,269.00 275,141.00 275,690.00 292,382.00 316,775.00 335,721.00 330,956.00 342,231.00 368,523.00 387,363.00 378,107.00
      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 231,304.00 164,729.00 173,511.00 178,493.00 187,982.00 196,429.00 210,607.00 213,518.00 214,755.00 215,013.00 225,106.00 232,123.00 280,121.00
   Shareholders Equity 231,304.00 164,729.00 173,511.00 178,493.00 187,982.00 196,429.00 210,607.00 213,518.00 214,755.00 215,013.00 225,106.00 232,123.00 531,703.00
      Capital Stock 132.00 92.00 92.00 92.00 92.00 93.00 93.00 94.00 95.00 95.00 96.00 96.00 97.00
      Share Premium 763,828.00 714,459.00 714,398.00 714,333.00 714,933.00 715,488.00 716,883.00 721,149.00 734,659.00 735,808.00 736,207.00 742,552.00 731,358.00
      Retained Earnings -532,656.00 -549,822.00 -540,979.00 -535,932.00 -527,043.00 -519,152.00 -506,369.00 -507,725.00 -519,999.00 -520,890.00 -511,197.00 -510,525.00 -479,873.00
      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
Debt 159,494.00 107,356.00 107,168.00 106,983.00 106,792.00 191,252.00 197,555.00 231,185.00 244,664.00 252,575.00 275,766.00 282,415.00 267,894.00
Net Debt 156,650.00 96,134.00 97,935.00 89,451.00 93,056.00 181,439.00 176,726.00 204,273.00 229,768.00 232,321.00 263,901.00 277,267.00 251,023.00
Common Shares Outstanding 13,176.58 9,207.85 9,202.87 9,198.17 9,231.45 9,260.50 9,332.12 9,383.13 9,480.36 9,537.24 9,556.36 9,581.54 9,608.91
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
   Selling, General and Administrative Expenses 2,609.00 1,378.00 539.00 -2,626.00 2,688.00 2,336.00 1,256.00 -2,107.00 3,250.00 2,165.00 1,034.00 3,806.00
Interest Income 0 0 0 0 0 0 0 0 0 0 0 95,538.00
Interest Expense 25,688.00 16,435.00 8,287.00 -23,943.00 31,511.00 21,588.00 11,177.00 11,310.00 19,047.00 12,704.00 6,332.00 11,906.00
Net Interest 0 0 0 0 0 0 0 0 0 0 0 83,632.00
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 19,030.00 -4,600.00 -82.00 -5,139.00 -3,395.00 -1,887.00 4,486.00 9,999.00 4,386.00 -3,059.00 55.00 -2,349.00
Deprecation and Amortization 6,122.00 1,600.00 777.00 -2,769.00 3,454.00 2,657.00 1,276.00 -5,582.00 5,703.00 4,349.00 2,512.00 8,595.00
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 10,337.86 9,201.45 9,198.22 9,131.96 9,295.01 9,319.27 9,344.99 9,400.20 9,533.83 9,548.42 9,555.12 9,644.87
Average Shares Outstanding Diluted 10,397.94 9,201.45 9,198.22 9,131.96 9,295.01 9,319.27 9,344.99 9,400.20 9,533.83 9,548.42 9,555.12 9,644.87
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 41,326.00 5,890.00 558.00 -10,054.00 36,408.00 20,889.00 9,391.00 -58,882.00 79,002.00 60,857.00 39,922.00 -25,021.00
   Operating Net Income 19,030.00 -4,600.00 -82.00 -5,139.00 -3,395.00 -1,887.00 4,486.00 9,999.00 4,386.00 -3,059.00 55.00 -8,580.00
   Deprecation and Amortization 6,122.00 1,600.00 777.00 -2,769.00 3,454.00 2,657.00 1,276.00 -5,582.00 5,703.00 4,349.00 2,512.00 8,595.00
   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 -891.00 -12.00 1,879.00 -5,554.00 -1,669.00 -3,623.00 9,463.00 -732.00 -437.00 -59.00 83.00 -12,060.00
   Other Operating Activities 17,065.00 8,902.00 -2,016.00 3,408.00 38,018.00 23,742.00 -5,834.00 -62,567.00 69,350.00 59,626.00 37,272.00 -12,976.00
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 -63,833.00 -21,264.00 -17,000.00 90,117.00 -81,197.00 -55,814.00 -41,351.00 81,447.00 -78,424.00 -58,542.00 -26,947.00 -4,265.00
   Net Issuance/Repayment of Debt 75,700.00 12,100.00 12,100.00 0.00 87,479.00 0 0 -120,500.00 93,000.00 61,000.00 22,000.00 16,500.00
   Net Issuance/Repurchase of Equity 250.00 0 0 -2,771.00 3,144.00 2,506.00 953.00 -348.00 2,566.00 1,345.00 792.00 3,004.00
   Dividends Paid 15,565.00 9,164.00 4,900.00 -6,435.00 18,997.00 12,696.00 0 -12,543.00 19,188.00 12,706.00 6,280.00 17,335.00
   Other Financing Activities -155,348.00 -42,528.00 -34,000.00 99,323.00 -190,817.00 -71,016.00 -42,304.00 214,838.00 -193,178.00 -133,593.00 -56,019.00 -41,104.00
Net Change in Cash -22,507.00 -15,374.00 -16,442.00 80,063.00 -44,789.00 -34,925.00 -31,960.00 22,565.00 578.00 2,315.00 12,975.00 -29,286.00
   Cash at Beginning of Period 39,953.00 39,953.00 39,953.00 -40,110.00 71,564.00 71,564.00 71,564.00 48,999.00 33,131.00 33,131.00 33,131.00 68,340.00
   Cash at End of Period 17,446.00 24,579.00 23,511.00 39,953.00 26,775.00 36,639.00 39,604.00 71,564.00 33,709.00 35,446.00 46,106.00 39,054.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0