BELFB

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings 12.93 5.88 3.99
Price to Sales 1.95 1.33 0.63
Book Value Per Common Share 25.85 52.37 40.53
Price to Book 3.19 1.27 0.81
Price to Operating Cash Flow 14.05 7.87 10.25
Price to Free Cash Flow
Enterprise Value to EBITDA 126347.60 85766.69 53391.63
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
Price to Earnings 13.53 14.02 26.83 11.82 12.15 24.62 5.02 8.82 16.78 4.16 4.50 22.58
Price to Sales 3.57 3.85 6.18 2.58 3.17 6.00 1.22 2.15 2.79 0.65 0.63 1.63
Book Value Per Common Share 30.84 29.07 26.94 57.17 54.89 53.17 48.79 46.34 42.30 35.44 34.30 33.04
Price to Book 4.57 3.36 2.78 1.37 1.19 1.13 0.98 1.24 0.89 0.71 0.45 0.54
Price to Operating Cash Flow 34.90 42.71 115.52 15.10 21.58 125.02 7.49 18.04 28.53 13.12 17.47 -28.83
Price to Free Cash Flow
Enterprise Value to EBITDA 152021.86 156219.13 271847.84 149327.15 161574.28 314218.72 74212.17 134620.37 209241.66 56753.77 63417.05 192259.29

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY -43.79 37.58
Revenue YoY -16.41 -2.20 20.38
EBITDA YoY -17.21 28.67 61.95
Net Profit YoY -44.52 40.13 112.28
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
Earning YoY 49.50 149.82 23.65 119.18 46.08 190.63 75.43 337.97
Revenue YoY 55.84 110.55 47.32 103.99 46.52 97.93 57.84 124.76
EBITDA YoY 48.52 127.93 29.76 109.26 50.78 137.39 81.16 164.29
Net Profit YoY 49.74 150.28 23.30 118.47 45.93 190.61 74.87 336.45

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 5.41 7.00 5.60
Quick Ratio 1.40 1.57 1.30
Current Ratio 2.92 3.45 2.80
Debt to Equity 1.15 0.68 1.14
Long-Term Debt to Equity 0.86 0.35 0.62
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
Cash Per Common Share 4.57 4.70 5.24 10.62 6.70 5.59 7.84 5.09 6.09 5.67 5.26 4.09
Quick Ratio 1.45 1.45 1.52 2.17 1.85 1.79 1.65 1.36 1.44 1.27 1.28 1.32
Current Ratio 3.06 3.05 3.31 4.00 4.19 4.21 3.08 2.79 2.95 2.75 2.80 3.05
Debt to Equity 0.87 0.96 1.05 0.59 0.59 0.60 0.74 0.81 1.07 1.35 1.40 1.42
Long-Term Debt to Equity 0.62 0.70 0.81 0.33 0.34 0.35 0.37 0.40 0.60 0.77 0.83 0.91

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA 4.31 12.92 9.40
ROE 9.28 21.68 20.08
Gross Margin 37.84 33.74 28.04
Operating Margin 12.32 13.46 9.54
EBITDA Margin 15.40 15.55 11.82
Net Profit Margin 7.66 11.54 8.05
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
ROA 7.03 4.71 1.90 7.32 6.11 2.86 11.05 7.67 2.54 6.98 4.08 0.97
ROE 13.16 9.21 3.90 11.64 9.73 4.58 19.23 13.91 5.24 16.37 9.78 2.35
Gross Margin 39.05 38.65 38.64 37.97 38.84 37.53 32.95 32.01 31.14 27.00 25.84 24.96
Operating Margin 19.47 20.47 18.35 14.47 16.87 16.23 14.45 14.05 11.44 9.08 7.29 5.35
EBITDA Margin 23.46 24.62 22.74 17.26 19.60 19.10 16.44 15.97 13.32 11.47 9.99 8.50
Net Profit Margin 13.41 13.96 11.74 11.11 13.27 12.39 12.36 12.41 8.46 7.97 7.19 3.70

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 949,789.00 571,631.00 560,466.00 511,846.00
   Current Assets 373,530.00 381,478.00 381,408.00 329,016.00
      Cash and Short-Term Investments 68,253.00 89,371.00 70,266.00 61,756.00
            Cash and Cash Equivalents 68,253.00 89,371.00 70,266.00 61,756.00
            Short-Term Investments 0 0 0 0
      Net Receivables 111,376.00 84,129.00 107,274.00 87,135.00
      Inventory 161,370.00 136,540.00 172,465.00 139,383.00
      Other Current Assets 32,531.00 71,438.00 31,403.00 40,742.00
   Non-Current Assets 576,259.00 190,153.00 179,058.00 182,830.00
      Property, Plant, Equipment Net 74,415.00 58,885.00 60,391.00 61,491.00
      Goodwill 208,036.00 26,642.00 52,697.00 58,300.00
      Intangible Assets 231,948.00 49,391.00 54,111.00 60,995.00
      Long-Term Investments 12,202.00 12,434.00 0 0
      Non-Current Deferred Assets 16,430.00 11,553.00 7,281.00 4,461.00
      Other Non-Current Assets 33,228.00 31,248.00 4,578.00 -2,417.00
Liabilities 508,627.00 231,073.00 298,120.00 303,103.00
   Current Liabilities 128,069.00 110,609.00 136,304.00 112,012.00
      Payables and Expenses 102,213.00 95,098.00 115,462.00 100,413.00
            Account Payables 49,182.00 40,441.00 64,589.00 65,960.00
            Current Accrued Liabilities 53,031.00 54,657.00 50,873.00 34,453.00
      Short-Term Debt 7,954.00 6,350.00 5,870.00 6,880.00
      Other Current Liabilities 17,902.00 9,161.00 14,972.00 4,719.00
   Non-Current Liabilities 380,558.00 120,464.00 161,816.00 191,091.00
      Long-Term Debt 310,258.00 74,212.00 110,742.00 127,168.00
      Other Non-Current Liabilities 70,300.00 46,252.00 51,074.00 63,923.00
Equity 441,162.00 340,558.00 262,346.00 208,743.00
   Shareholders Equity 326,122.00 669,079.00 508,146.00 398,623.00
      Capital Stock 1,258.00 1,279.00 1,281.00 1,252.00
      Share Premium 31,514.00 44,260.00 40,772.00 38,419.00
      Retained Earnings 345,031.00 307,510.00 237,188.00 187,935.00
      Treasury Shares 0 454.00 349.00 0
      Accumulated Other Comprehensive Income -17,227.00 -12,037.00 -16,546.00 -18,863.00
   Minority Interest 0 0 0 0
Investments 12,202.00 12,434.00 5,898.00 57.00
Debt 318,212.00 80,562.00 116,612.00 134,048.00
Net Debt 249,959.00 0 46,346.00 72,292.00
Common Shares Outstanding 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 534,792.00 639,813.00 654,233.00 543,494.00
Cost Of Revenue 332,434.00 423,964.00 470,780.00 409,111.00
Gross Profit 202,358.00 215,849.00 183,453.00 134,383.00
Operating Expenses 138,061.00 127,873.00 118,306.00 103,126.00
   Selling, General and Administrative Expenses 110,616.00 99,091.00 92,342.00 86,612.00
   Research and Development Expenses 23,586.00 22,487.00 20,238.00 21,891.00
   Other Operating Expenses 3,859.00 6,295.00 5,726.00 -5,377.00
Operating Income 64,297.00 87,976.00 65,147.00 31,257.00
Net Non-Operating Income -2,489.00 -4,676.00 -6,088.00 -3,930.00
Interest Expense 4,078.00 2,850.00 3,379.00 3,542.00
EBT 61,808.00 83,300.00 59,059.00 27,327.00
Income Tax 12,616.00 9,469.00 6,370.00 2,506.00
Net Income Including Non-Controlling Interests 49,192.00 0 0 0
Net Income Non-Controlling Interests -8,232.00 0 0 0
Net Income 40,960.00 73,831.00 52,689.00 24,821.00
EBIT 65,886.00 86,150.00 62,438.00 30,869.00
Deprecation and Amortization 16,457.00 13,312.00 14,863.00 16,861.00
EBITDA 82,343.00 99,462.00 77,301.00 47,730.00
EPS 0.01 0.01 0.01 0
Average Shares Outstanding Basic 12,615.00 12,776.00 12,537.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 74,064.00 108,349.00 40,257.00 4,632.00
   Operating Net Income 49,192.00 221,493.00 158,067.00 74,463.00
   Deprecation and Amortization 16,457.00 13,312.00 14,863.00 16,861.00
   Deferred Income Tax -6,267.00 -3,872.00 -4,594.00 441.00
   Share Based Compensation 3,740.00 3,486.00 2,382.00 2,300.00
   Change in Working Capital -32,448.00 -104,299.00 58,508.00 93,125.00
   Other Operating Activities 43,390.00 -21,771.00 -188,969.00 -182,558.00
Investing Cash Flow -297,893.00 -53,535.00 -6,999.00 -18,878.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 14,991.00 30,288.00 19,497.00 26,124.00
   Net Purchase/Sale of Investments Net 300,001.00 82,062.00 0 0
   Net Purchase/Sale of Business 320,481.00 15,345.00 0 37,525.00
   Other Investing Activities -933,366.00 -181,230.00 -26,496.00 -82,527.00
Financing Cash Flow 206,258.00 -38,597.00 -21,262.00 -8,400.00
   Net Issuance/Repayment of Debt 257,500.00 45,000.00 17,500.00 234,346.00
   Net Issuance/Repurchase of Equity 16,053.00 105.00 349.00 0
   Dividends Paid 3,453.00 3,492.00 3,413.00 3,379.00
   Other Financing Activities -70,748.00 -87,194.00 -42,524.00 -246,125.00
Net Change in Cash -21,118.00 19,105.00 8,510.00 -23,183.00
   Cash at Beginning of Period 89,371.00 70,266.00 61,756.00 84,939.00
   Cash at End of Period 68,253.00 89,371.00 70,266.00 61,756.00
Free Cash Flow 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
Assets 952,804.00 950,580.00 940,456.00 949,789.00 584,417.00 567,604.00 555,337.00 571,631.00 559,068.00 552,419.00 574,526.00 560,466.00 553,816.00 542,360.00 520,281.00 511,846.00 487,583.00 473,879.00 456,424.00
   Current Assets 387,686.00 378,615.00 368,425.00 373,530.00 387,649.00 376,021.00 364,339.00 381,478.00 363,016.00 354,254.00 382,601.00 381,408.00 377,365.00 361,102.00 334,090.00 329,016.00 315,545.00 299,427.00 279,360.00
      Cash and Short-Term Investments 57,743.00 59,284.00 65,927.00 68,253.00 134,266.00 84,976.00 71,320.00 89,371.00 100,225.00 65,053.00 77,840.00 70,266.00 70,895.00 65,830.00 51,235.00 61,756.00 61,961.00 66,425.00 74,040.00
            Cash and Cash Equivalents 57,743.00 59,284.00 65,927.00 68,253.00 134,266.00 84,976.00 71,320.00 89,371.00 100,225.00 65,053.00 77,840.00 70,266.00 70,895.00 65,830.00 51,235.00 61,756.00 61,961.00 66,425.00 74,040.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 126,007.00 121,241.00 103,643.00 111,376.00 75,998.00 81,153.00 83,458.00 84,129.00 94,265.00 106,913.00 108,965.00 107,274.00 103,221.00 98,777.00 93,683.00 87,135.00 86,031.00 86,917.00 74,070.00
      Inventory 166,112.00 164,648.00 164,815.00 161,370.00 124,885.00 127,931.00 130,459.00 136,540.00 139,997.00 157,265.00 165,814.00 172,465.00 164,381.00 160,593.00 155,341.00 139,383.00 128,179.00 116,170.00 106,737.00
      Other Current Assets 37,824.00 33,442.00 34,040.00 32,531.00 52,500.00 81,961.00 79,102.00 71,438.00 28,529.00 25,023.00 29,982.00 31,403.00 38,868.00 35,902.00 33,831.00 40,742.00 39,374.00 29,915.00 24,513.00
   Non-Current Assets 565,118.00 571,965.00 572,031.00 576,259.00 196,768.00 191,583.00 190,998.00 190,153.00 196,052.00 198,165.00 191,925.00 179,058.00 176,451.00 181,258.00 186,191.00 182,830.00 172,038.00 174,452.00 177,064.00
      Property, Plant, Equipment Net 69,535.00 72,634.00 72,233.00 74,415.00 59,636.00 57,027.00 57,364.00 58,885.00 59,853.00 61,217.00 58,820.00 60,391.00 56,055.00 60,339.00 62,695.00 61,491.00 46,867.00 47,813.00 50,480.00
      Goodwill 401,357.00 394,496.00 208,047.00 208,036.00 26,922.00 25,415.00 25,347.00 26,642.00 25,463.00 25,897.00 25,400.00 52,697.00 23,775.00 24,771.00 26,272.00 58,300.00 31,164.00 37,496.00 36,829.00
      Intangible Assets 221,212.00 225,006.00 228,391.00 231,948.00 45,850.00 46,715.00 47,868.00 49,391.00 50,662.00 52,021.00 53,163.00 54,111.00 54,725.00 56,563.00 58,878.00 60,995.00 62,698.00 62,655.00 64,319.00
      Long-Term Investments 13,882.00 13,999.00 13,126.00 12,202.00 13,084.00 12,728.00 12,968.00 12,434.00 11,883.00 12,967.00 11,933.00 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 12,715.00 15,868.00 17,024.00 16,430.00 16,612.00 14,525.00 13,052.00 11,553.00 11,936.00 10,466.00 8,359.00 7,281.00 8,965.00 7,422.00 5,294.00 4,461.00 5,671.00 5,096.00 5,774.00
      Other Non-Current Assets -153,583.00 -150,038.00 33,210.00 33,228.00 34,664.00 35,173.00 34,399.00 31,248.00 36,255.00 35,597.00 34,250.00 4,578.00 32,931.00 32,163.00 33,052.00 -2,417.00 25,638.00 21,392.00 19,662.00
Liabilities 443,773.00 464,871.00 482,521.00 508,627.00 217,055.00 211,189.00 208,680.00 231,073.00 237,657.00 247,929.00 296,463.00 298,120.00 317,783.00 316,365.00 304,925.00 303,103.00 287,381.00 277,281.00 270,101.00
   Current Liabilities 126,760.00 124,082.00 111,235.00 128,069.00 96,887.00 89,755.00 86,501.00 110,609.00 117,682.00 126,874.00 129,857.00 136,304.00 137,082.00 128,750.00 109,440.00 112,012.00 106,236.00 105,093.00 90,973.00
      Payables and Expenses 100,261.00 94,308.00 83,894.00 102,213.00 79,248.00 75,331.00 69,590.00 95,098.00 99,240.00 107,609.00 107,855.00 115,462.00 108,853.00 107,571.00 94,731.00 100,413.00 95,859.00 86,490.00 71,628.00
            Account Payables 54,219.00 53,685.00 46,110.00 49,182.00 37,139.00 36,415.00 32,818.00 40,441.00 43,984.00 51,754.00 60,237.00 64,589.00 66,191.00 70,020.00 64,615.00 65,960.00 57,610.00 53,020.00 42,452.00
            Current Accrued Liabilities 46,042.00 40,623.00 37,784.00 53,031.00 42,109.00 38,916.00 36,772.00 54,657.00 55,256.00 55,855.00 47,618.00 50,873.00 42,662.00 37,551.00 30,116.00 34,453.00 38,249.00 33,470.00 29,176.00
      Short-Term Debt 8,215.00 8,688.00 8,540.00 7,954.00 6,451.00 5,992.00 5,730.00 6,350.00 6,190.00 6,181.00 5,239.00 5,870.00 5,904.00 7,251.00 7,063.00 6,880.00 5,623.00 14,253.00 13,188.00
      Other Current Liabilities 18,284.00 21,086.00 18,801.00 17,902.00 11,188.00 8,432.00 11,181.00 9,161.00 12,252.00 13,084.00 16,763.00 14,972.00 22,325.00 13,928.00 7,646.00 4,719.00 4,754.00 4,350.00 6,157.00
   Non-Current Liabilities 317,013.00 340,789.00 371,286.00 380,558.00 120,168.00 121,434.00 122,179.00 120,464.00 119,975.00 121,055.00 166,606.00 161,816.00 180,701.00 187,615.00 195,485.00 191,091.00 181,145.00 172,188.00 179,128.00
      Long-Term Debt 241,242.00 269,658.00 302,344.00 310,258.00 76,808.00 76,131.00 75,727.00 74,212.00 75,551.00 76,623.00 115,072.00 110,742.00 124,992.00 129,565.00 130,790.00 127,168.00 118,444.00 110,007.00 114,004.00
      Other Non-Current Liabilities 75,771.00 71,131.00 68,942.00 70,300.00 43,360.00 45,303.00 46,452.00 46,252.00 44,424.00 44,432.00 51,534.00 51,074.00 55,709.00 58,050.00 64,695.00 63,923.00 62,701.00 62,181.00 65,124.00
Equity 509,031.00 485,709.00 457,935.00 441,162.00 367,362.00 356,415.00 346,657.00 340,558.00 321,411.00 304,490.00 278,063.00 262,346.00 236,033.00 225,995.00 215,356.00 208,743.00 200,202.00 196,598.00 186,323.00
   Shareholders Equity 389,580.00 366,815.00 338,719.00 326,122.00 722,569.00 696,098.00 677,857.00 669,079.00 623,452.00 592,124.00 540,698.00 508,146.00 443,083.00 429,249.00 413,678.00 398,623.00 380,714.00 375,342.00 352,152.00
      Capital Stock 1,270.00 1,270.00 1,271.00 1,258.00 1,258.00 1,260.00 1,274.00 1,279.00 1,277.00 1,278.00 1,280.00 1,281.00 1,248.00 1,250.00 1,251.00 1,252.00 1,240.00 1,241.00 1,234.00
      Share Premium 36,163.00 34,402.00 32,680.00 31,514.00 47,064.00 46,054.00 45,069.00 44,260.00 43,488.00 42,627.00 41,675.00 40,772.00 40,095.00 39,509.00 38,996.00 38,419.00 37,883.00 37,328.00 36,737.00
      Retained Earnings 409,417.00 388,035.00 362,041.00 345,031.00 347,702.00 340,462.00 322,508.00 307,510.00 296,365.00 277,790.00 250,885.00 237,188.00 224,022.00 208,326.00 192,143.00 187,935.00 180,769.00 175,883.00 168,846.00
      Treasury Shares 0 0 0 0 16,507.00 14,629.00 6,737.00 454.00 349.00 349.00 349.00 349.00 349.00 349.00 0 0 0 0 0
      Accumulated Other Comprehensive Income -19,090.00 -18,964.00 -19,091.00 -17,227.00 -12,155.00 -16,732.00 -15,457.00 -12,037.00 -19,370.00 -16,856.00 -15,428.00 -16,546.00 -28,983.00 -22,741.00 -17,034.00 -18,863.00 -19,690.00 -17,854.00 -20,494.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 13,882.00 13,999.00 13,126.00 12,202.00 13,084.00 12,728.00 12,968.00 12,434.00 11,883.00 12,967.00 11,933.00 5,898.00 5,946.00 3,875.00 2,978.00 57.00 0 0 0
Debt 249,457.00 278,346.00 310,884.00 318,212.00 83,259.00 82,123.00 81,457.00 80,562.00 81,741.00 82,804.00 120,311.00 116,612.00 130,896.00 136,816.00 137,853.00 134,048.00 124,067.00 124,260.00 127,192.00
Net Debt 191,714.00 219,062.00 244,957.00 249,959.00 0 0 10,137.00 0 0 17,751.00 42,471.00 46,346.00 60,001.00 70,986.00 86,618.00 72,292.00 62,106.00 57,835.00 53,152.00
Common Shares Outstanding 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 499,517.00 320,537.00 152,238.00 -239,526.00 384,933.00 261,295.00 128,090.00 -373,455.00 499,803.00 341,121.00 172,344.00 -274,805.00 485,030.00 307,290.00 136,718.00 -212,885.00 396,351.00 249,385.00 110,643.00
Cost Of Revenue 304,475.00 196,635.00 93,419.00 -146,181.00 238,782.00 159,821.00 80,012.00 -261,773.00 335,137.00 231,920.00 118,680.00 -213,777.00 354,084.00 227,879.00 102,594.00 -168,748.00 301,234.00 190,241.00 86,384.00
Gross Profit 195,042.00 123,902.00 58,819.00 -93,345.00 146,151.00 101,474.00 48,078.00 -111,682.00 164,666.00 109,201.00 53,664.00 -61,028.00 130,946.00 79,411.00 34,124.00 -44,137.00 95,117.00 59,144.00 24,259.00
Operating Expenses 109,822.00 69,019.00 33,796.00 -47,387.00 94,227.00 60,997.00 30,224.00 -61,514.00 93,157.00 62,204.00 34,026.00 -46,258.00 84,001.00 54,528.00 26,035.00 -39,890.00 75,155.00 48,055.00 19,806.00
   Selling, General and Administrative Expenses 93,225.00 60,421.00 29,507.00 -39,198.00 75,785.00 49,085.00 24,944.00 -50,786.00 74,149.00 50,432.00 25,296.00 -40,892.00 67,216.00 44,992.00 21,026.00 -42,709.00 64,757.00 43,569.00 20,995.00
   Research and Development Expenses 22,875.00 15,326.00 7,222.00 -9,490.00 16,652.00 11,209.00 5,215.00 -10,486.00 16,521.00 11,229.00 5,223.00 -8,657.00 14,381.00 9,505.00 5,009.00 -9,780.00 16,301.00 10,384.00 4,986.00
   Other Operating Expenses -6,278.00 -6,728.00 -2,933.00 1,301.00 1,790.00 703.00 65.00 -242.00 2,487.00 543.00 3,507.00 3,291.00 2,404.00 31.00 0.00 12,599.00 -5,903.00 -5,898.00 -6,175.00
Operating Income 85,220.00 54,883.00 25,023.00 -45,958.00 51,924.00 40,477.00 17,854.00 -50,168.00 71,509.00 46,997.00 19,638.00 -14,770.00 46,945.00 24,883.00 8,089.00 -4,247.00 19,962.00 11,089.00 4,453.00
Net Non-Operating Income 267.00 2,601.00 -1,238.00 -10,244.00 2,499.00 2,758.00 2,498.00 -1,101.00 -1,708.00 -965.00 -902.00 4,673.00 -5,337.00 -3,963.00 -1,461.00 -256.00 -2,556.00 -863.00 -255.00
Interest Expense 11,775.00 8,145.00 4,152.00 1,532.00 1,263.00 849.00 434.00 -2,425.00 2,402.00 1,890.00 983.00 -1,187.00 2,411.00 1,467.00 688.00 -1,796.00 3,014.00 1,523.00 801.00
EBT 85,487.00 57,484.00 23,785.00 -56,202.00 54,423.00 43,235.00 20,352.00 -51,269.00 69,801.00 46,032.00 18,736.00 -10,097.00 41,608.00 20,920.00 6,628.00 -4,503.00 17,406.00 10,226.00 4,198.00
Income Tax 17,817.00 12,369.00 5,463.00 -12,080.00 11,663.00 8,555.00 4,478.00 -6,386.00 8,006.00 3,685.00 4,164.00 665.00 2,959.00 1,182.00 1,564.00 60.00 593.00 854.00 999.00
Net Income Including Non-Controlling Interests 67,670.00 45,115.00 17,574.00 49,192.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests -685.00 -380.00 300.00 -8,232.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 66,985.00 44,735.00 17,874.00 -52,354.00 42,760.00 34,680.00 15,874.00 -44,883.00 61,795.00 42,347.00 14,572.00 -13,126.00 38,649.00 22,102.00 5,064.00 -6,271.00 16,813.00 11,080.00 3,199.00
EBIT 97,262.00 65,629.00 27,937.00 -54,670.00 55,686.00 44,084.00 20,786.00 -53,694.00 72,203.00 47,922.00 19,719.00 -11,284.00 44,019.00 22,387.00 7,316.00 -6,299.00 20,420.00 11,749.00 4,999.00
Deprecation and Amortization 19,936.00 13,284.00 6,684.00 -5,109.00 10,759.00 7,123.00 3,684.00 -6,457.00 9,962.00 6,571.00 3,236.00 -9,358.00 11,604.00 8,316.00 4,301.00 -8,276.00 12,514.00 8,478.00 4,145.00
EBITDA 117,198.00 78,913.00 34,621.00 -59,779.00 66,445.00 51,207.00 24,470.00 -60,151.00 82,165.00 54,493.00 22,955.00 -20,642.00 55,623.00 30,703.00 11,617.00 -14,575.00 32,934.00 20,227.00 9,144.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.00 0.00 0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 12,634.00 12,619.00 12,572.00 12,391.00 12,638.00 12,682.00 12,749.00 12,767.00 12,778.00 12,778.00 12,781.00 12,614.00 12,502.00 12,513.00 12,519.00 0.00 0 0 0
Average Shares Outstanding Diluted 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 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
Operating Cash Flow 51,044.00 28,864.00 8,147.00 -36,150.00 65,720.00 38,344.00 6,150.00 -30,567.00 81,425.00 40,656.00 16,835.00 12,790.00 24,069.00 11,146.00 -7,748.00 6,503.00 -1,714.00 -1,923.00 1,766.00
   Operating Net Income 67,670.00 45,115.00 18,322.00 -75,870.00 42,760.00 34,680.00 47,622.00 73,635.00 61,795.00 42,347.00 43,716.00 82,124.00 38,649.00 22,102.00 15,192.00 36,973.00 16,813.00 11,080.00 9,597.00
   Deprecation and Amortization 19,936.00 13,284.00 6,684.00 -5,109.00 10,759.00 7,123.00 3,684.00 -6,457.00 9,962.00 6,571.00 3,236.00 -9,358.00 11,604.00 8,316.00 4,301.00 -8,276.00 12,514.00 8,478.00 4,145.00
   Deferred Income Tax 1,722.00 -861.00 -1,412.00 3,705.00 -5,366.00 -2,930.00 -1,676.00 5,287.00 -4,894.00 -3,128.00 -1,137.00 3,935.00 -5,113.00 -2,965.00 -451.00 -59.00 -124.00 576.00 48.00
   Share Based Compensation 4,661.00 2,900.00 1,179.00 -1,621.00 2,782.00 1,775.00 804.00 -1,979.00 2,712.00 1,851.00 902.00 -953.00 1,672.00 1,087.00 576.00 -1,250.00 1,752.00 1,198.00 600.00
   Change in Working Capital 12,001.00 749.00 -23,054.00 58,813.00 -34,719.00 -27,790.00 -28,752.00 -50,561.00 -41,537.00 -4,182.00 -8,019.00 -51,910.00 64,187.00 38,633.00 7,598.00 -33,147.00 78,072.00 48,204.00 -4.00
   Other Operating Activities -54,946.00 -32,323.00 6,428.00 -16,068.00 49,504.00 25,486.00 -15,532.00 -50,492.00 53,387.00 -2,803.00 -21,863.00 -11,048.00 -86,930.00 -56,027.00 -34,964.00 12,262.00 -110,741.00 -71,459.00 -12,620.00
Investing Cash Flow -850.00 -1,679.00 -3,065.00 -255,775.00 -581.00 -25,956.00 -15,581.00 -22,132.00 -11,073.00 -6,619.00 -13,711.00 2,192.00 -3,779.00 -3,459.00 -1,953.00 16,596.00 -13,716.00 -12,520.00 -9,238.00
   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 16,341.00 11,585.00 2,848.00 -779.00 8,142.00 4,507.00 3,121.00 -880.00 15,062.00 12,320.00 3,786.00 6,292.00 7,445.00 3,633.00 2,127.00 -2,427.00 11,403.00 9,221.00 7,927.00
   Net Purchase/Sale of Investments Net 1,935.00 1,728.00 333.00 -269,183.00 271,543.00 224,049.00 73,592.00 80,157.00 1,905.00 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 320,481.00 0 0 0 -32,841.00 15,038.00 15,173.00 17,975.00 0 0 0 0 -71,720.00 37,525.00 37,525.00 34,195.00
   Other Investing Activities -19,126.00 -14,992.00 -6,246.00 -306,294.00 -280,266.00 -254,512.00 -92,294.00 -68,568.00 -43,078.00 -34,112.00 -35,472.00 -4,100.00 -11,224.00 -7,092.00 -4,080.00 90,743.00 -62,644.00 -59,266.00 -51,360.00
Financing Cash Flow -65,675.00 -39,841.00 -8,329.00 248,097.00 -18,870.00 -15,849.00 -7,120.00 31,380.00 -37,490.00 -36,658.00 4,171.00 -13,125.00 -5,319.00 -1,995.00 -823.00 5,974.00 -7,468.00 -4,604.00 -2,302.00
   Net Issuance/Repayment of Debt 78,500.00 47,500.00 17,500.00 257,500.00 0 0 0 -50,000.00 45,000.00 45,000.00 5,000.00 15,000.00 2,500.00 0 0 -4,461.00 234,346.00 2,974.00 1,487.00
   Net Issuance/Repurchase of Equity 0 0 0 -20,458.00 16,053.00 14,175.00 6,283.00 105.00 0 0 0 -349.00 349.00 349.00 0 0 0 0 0
   Dividends Paid 2,494.00 1,660.00 829.00 -1,545.00 2,487.00 1,674.00 837.00 -1,485.00 2,490.00 1,658.00 829.00 -1,526.00 2,470.00 1,646.00 823.00 -1,513.00 2,447.00 1,630.00 815.00
   Other Financing Activities -146,669.00 -89,001.00 -26,658.00 12,600.00 -37,410.00 -31,698.00 -14,240.00 82,760.00 -84,980.00 -83,316.00 -1,658.00 -26,250.00 -10,638.00 -3,990.00 -1,646.00 11,948.00 -244,261.00 -9,208.00 -4,604.00
Net Change in Cash -10,510.00 -8,969.00 -2,326.00 -43,567.00 44,895.00 -4,395.00 -18,051.00 -13,215.00 29,959.00 -5,213.00 7,574.00 5,818.00 9,139.00 4,074.00 -10,521.00 29,208.00 -22,978.00 -18,514.00 -10,899.00
   Cash at Beginning of Period 68,253.00 68,253.00 68,253.00 111,820.00 89,371.00 89,371.00 89,371.00 102,586.00 70,266.00 70,266.00 70,266.00 64,448.00 61,756.00 61,756.00 61,756.00 32,548.00 84,939.00 84,939.00 84,939.00
   Cash at End of Period 57,743.00 59,284.00 65,927.00 68,253.00 134,266.00 84,976.00 71,320.00 89,371.00 100,225.00 65,053.00 77,840.00 70,266.00 70,895.00 65,830.00 51,235.00 61,756.00 61,961.00 66,425.00 74,040.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0