Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 104.42 0.50 -0.19 0.91 -0.21
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 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -1.89 -0.49 -0.30
Price to Sales 7.60 2.83 1.87
Book Value Per Common Share 2.62 2.97 6.02 104.42 -1.57 -2.19 -0.56 0.50 1.73 -8.34 -0.36 -0.19 0.58 0.75 0.84 0.91 2.41 0.70 0.71 -0.21
Price to Book 1.51 0.50 0.31
Price to Operating Cash Flow -1.80 -0.77 -2.34
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -65.07 -24.63 11.15 -12.80
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 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY -48.48
Revenue YoY 76.43 67.41 -62.04 123.08 54.67 95.76 34.42 135.53 47.76 111.56
EBITDA YoY
Net Profit YoY -98.45 -47.68

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 4.80 0.37 0.05 0.26 0.08
Quick Ratio 0.08 0.23 0.12 0.50 0.05
Current Ratio 0.62 1.08 0.51 1.49 0.42
Debt to Equity 0.36 19.49 -15.17 1.50 -29.64
Long-Term Debt to Equity 0.03 14.56 -6.58 0.80 -2.33
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
Cash Per Common Share 0.13 1.08 0.81 2.52 166.49 243.34 0.20 0.24 385.36 1.00 0.02 0.04 28.40 0.07 0.17 0.22 0.23 0.09 0.18 0.08
Quick Ratio 0.13 0.53 0.12 0.08 0.02 0.08 0.06 0.23 0.36 0.08 0.05 0.12 0.12 0.23 0.35 0.50 0.63 0.37 0.32 0.05
Current Ratio 1.05 1.22 0.60 0.62 0.29 0.29 0.30 1.08 1.43 0.28 0.28 0.51 0.64 0.83 1.34 1.49 1.84 1.28 1.05 0.42
Debt to Equity 0.22 0.23 0.33 0.36 -7.60 -9.58 -36.76 19.49 6.08 -5.88 -7.73 -15.17 2.34 1.74 1.73 1.50 1.60 2.13 2.38 -29.64
Long-Term Debt to Equity 0.02 0.02 0.02 0.03 -0.43 -0.70 -3.35 14.56 4.56 -0.45 -0.65 -6.58 1.12 0.88 0.84 0.80 1.02 1.32 1.25 -2.33

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -0.67 -3.44 -24.91 0.46 -30.40
ROE -0.91 -70.46 352.84 1.16 870.67
Gross Margin 98.01 9.83 17.04 22.58 30.83
Operating Margin -106.10 -59.52 -74.51 -27.52 -57.89
EBITDA Margin -82.82 -46.96 -63.90 -17.92 -42.43
Net Profit Margin -11.77 -5.57 -37.34 1.20 -65.26
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
ROA -0.51 -0.53 -0.35 -1.00 -1.06 -0.54 -0.68 -0.09 1.09 -8.01 -2.85 -1.98 0.10 7.13 13.19
ROE -0.62 -0.65 -0.47 6.59 9.10 19.33 -4.79 0.42 -7.34 -26.77 -7.81 -5.41 0.27 22.35 44.59
Gross Margin 99.18 23.79 6.11 7.48 13.53 11.83 22.26 21.63 26.95 25.05 29.97 27.58 23.10
Operating Margin -220.62 -274.80 -275.00 -62.16 -40.10 -42.02 -52.02 -27.16 -25.70 -38.28 -16.70 -43.12 -29.14 -20.04 -3.05
EBITDA Margin -174.66 -220.80 -229.26 -57.45 -28.79 -29.71 -39.15 -12.67 -11.57 -29.05 -9.00 -36.16 -20.23 -11.21 6.20
Net Profit Margin -5.91 -11.80 -12.23 -7.69 -3.17 -3.70 -1.46 -0.30 7.68 -20.03 -10.17 -18.04 0.30 28.28 114.34

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 2024-12-31 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 66,515.00 17,480.00 21,476.00 33,560.00 31,732.00
   Current Assets 10,040.00 4,537.00 6,620.00 14,105.00 12,841.00
      Cash and Short-Term Investments 1,182.00 403.00 723.00 3,276.00 836.00
            Cash and Cash Equivalents 1,182.00 403.00 723.00 3,276.00 836.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 134.00 559.00 876.00 1,446.00 694.00
      Inventory 1,493.00 3,212.00 4,442.00 6,510.00 6,728.00
      Other Current Assets 7,231.00 363.00 579.00 2,873.00 4,583.00
   Non-Current Assets 56,475.00 12,943.00 14,856.00 19,455.00 18,891.00
      Property, Plant, Equipment Net 16,482.00 7,370.00 8,729.00 5,374.00 4,379.00
      Goodwill 33,310.00 0 0 0 0
      Intangible Assets 5,749.00 5,005.00 5,758.00 13,624.00 14,038.00
      Long-Term Investments 247.00 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 687.00 568.00 369.00 457.00 474.00
Liabilities 17,547.00 16,627.00 22,992.00 20,161.00 32,840.00
   Current Liabilities 16,151.00 4,205.00 13,011.00 9,498.00 30,259.00
      Payables and Expenses 4,884.00 2,651.00 3,237.00 2,098.00 3,316.00
            Account Payables 1,810.00 2,076.00 1,728.00 1,265.00 1,864.00
            Current Accrued Liabilities 1,513.00 575.00 1,509.00 833.00 1,452.00
      Short-Term Debt 10,330.00 1,374.00 4,433.00 7,400.00 10,750.00
      Other Current Liabilities 937.00 180.00 5,341.00 0.00 16,193.00
   Non-Current Liabilities 1,396.00 12,422.00 9,981.00 10,663.00 2,581.00
      Long-Term Debt 1,351.00 12,422.00 9,889.00 10,571.00 2,510.00
      Other Non-Current Liabilities 45.00 0.00 92.00 92.00 71.00
Equity 48,968.00 853.00 -1,516.00 13,399.00 -1,108.00
   Shareholders Equity 48,968.00 853.00 -3,032.00 13,399.00 -2,216.00
      Capital Stock 35,008.00 0 2.00 1.00 1.00
      Share Premium 141,877.00 83,559.00 73,503.00 72,003.00 52,985.00
      Retained Earnings -94,189.00 -82,706.00 -75,021.00 -58,605.00 -54,094.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -34.00 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 247.00 0 0 0 0
Debt 11,681.00 13,796.00 14,322.00 17,971.00 13,260.00
Net Debt 10,499.00 13,393.00 13,599.00 14,695.00 12,424.00
Common Shares Outstanding 468.95 1,705.99 16,199.27 14,791.45 10,382.01
Preferred Shares Outstanding 0 0 2,500.00 2,500.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 3,772.00 10,798.00 14,327.00 12,890.00 14,782.00
Cost Of Revenue 75.00 9,737.00 11,886.00 9,980.00 10,225.00
Gross Profit 3,697.00 1,061.00 2,441.00 2,910.00 4,557.00
Operating Expenses 14,666.00 5,881.00 9,090.00 9,810.00 12,743.00
   Selling, General and Administrative Expenses 5,373.00 6,245.00 9,032.00 9,391.00 13,109.00
   Other Operating Expenses 9,293.00 -364.00 58.00 419.00 -366.00
Operating Income -10,969.00 -4,820.00 -6,649.00 -6,900.00 -8,186.00
Net Non-Operating Income 4,731.00 -2,715.00 -9,617.00 846.00 -1,461.00
Interest Income 2,232.00 0 0 0 0
Interest Expense 2,236.00 1,108.00 5,591.00 2,507.00 1,089.00
Net Interest -4.00 0 0 0 0
EBT -6,238.00 -7,535.00 -16,266.00 -6,054.00 -9,647.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 1,299.00 0 0 0 0
Net Income Non-Controlling Interests -1,743.00 0 0 0 0
Net Income -444.00 -601.00 -5,349.00 155.00 -9,647.00
EBIT -4,002.00 -6,427.00 -10,675.00 -3,547.00 -8,558.00
Deprecation and Amortization 878.00 1,356.00 1,520.00 1,237.00 2,286.00
EBITDA -3,124.00 -5,071.00 -9,155.00 -2,310.00 -6,272.00
EPS -0.05 -0.01 -0.00 -0.00 0
Diluted EPS -0.05 -0.01 0 0 0
Average Shares Outstanding Basic 246.26 1,091.00 15,337.00 12,708.00 0
Average Shares Outstanding Diluted 246.26 1,091.00 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -3,229.00 -1,836.00 -877.00 -11,896.00 -6,012.00
   Operating Net Income -26,152.00 -22,605.00 -48,798.00 -6,588.00 0
   Deprecation and Amortization 878.00 1,356.00 1,520.00 1,237.00 2,286.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 443.00 649.00 288.00
   Change in Working Capital -938.00 -2,931.00 -1,388.00 2,022.00 -52.00
   Other Operating Activities 22,983.00 22,344.00 47,346.00 -9,216.00 -8,534.00
Investing Cash Flow -902.00 104.00 -2,317.00 3,205.00 137.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 71.00 492.00 2,877.00 379.00 1,148.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 388.00 0 0 0 0
   Other Investing Activities -1,361.00 -388.00 -5,194.00 2,826.00 -1,011.00
Financing Cash Flow 4,590.00 1,412.00 641.00 5,183.00 3,362.00
   Net Issuance/Repayment of Debt 2,334.00 40.00 15,557.00 6,587.00 6,777.00
   Net Issuance/Repurchase of Equity 6,180.00 2,796.00 198.00 6,095.00 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -3,924.00 -1,424.00 -15,114.00 -7,499.00 -3,415.00
Net Change in Cash 910.00 -320.00 -2,553.00 2,440.00 493.00
   Cash at Beginning of Period 272.00 723.00 3,276.00 836.00 343.00
   Cash at End of Period 1,182.00 403.00 723.00 3,276.00 836.00
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 63,181.00 68,571.00 63,753.00 66,515.00 16,224.00 16,589.00 17,022.00 17,480.00 18,780.00 19,707.00 20,253.00 21,476.00 29,926.00 31,774.00 34,414.00 33,560.00 29,440.00 27,198.00 28,109.00 31,732.00
   Current Assets 10,947.00 14,744.00 8,749.00 10,040.00 5,024.00 4,947.00 4,696.00 4,537.00 5,749.00 6,143.00 6,057.00 6,620.00 7,045.00 8,256.00 15,016.00 14,105.00 12,063.00 9,023.00 9,884.00 12,841.00
      Cash and Short-Term Investments 1,340.00 6,322.00 1,506.00 1,182.00 310.00 420.00 336.00 403.00 358.00 839.00 267.00 723.00 432.00 1,023.00 2,606.00 3,276.00 2,770.00 1,069.00 2,014.00 836.00
            Cash and Cash Equivalents 1,340.00 6,322.00 1,506.00 1,182.00 310.00 420.00 336.00 403.00 358.00 839.00 267.00 723.00 432.00 1,023.00 2,606.00 3,276.00 2,770.00 1,069.00 2,014.00 836.00
            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 41.00 33.00 189.00 134.00 105.00 1,017.00 673.00 559.00 1,089.00 926.00 860.00 876.00 913.00 1,253.00 1,255.00 1,446.00 1,338.00 1,524.00 999.00 694.00
      Inventory 0 0 1,407.00 1,493.00 1,793.00 3,043.00 3,189.00 3,212.00 3,563.00 3,610.00 3,989.00 4,442.00 4,975.00 5,231.00 6,085.00 6,510.00 6,058.00 6,283.00 6,155.00 6,728.00
      Other Current Assets 9,566.00 8,389.00 5,647.00 7,231.00 2,816.00 467.00 498.00 363.00 739.00 768.00 941.00 579.00 725.00 749.00 5,070.00 2,873.00 1,897.00 147.00 716.00 4,583.00
   Non-Current Assets 52,234.00 53,827.00 55,004.00 56,475.00 11,200.00 11,642.00 12,326.00 12,943.00 13,031.00 13,564.00 14,196.00 14,856.00 22,881.00 23,518.00 19,398.00 19,455.00 17,377.00 18,175.00 18,225.00 18,891.00
      Property, Plant, Equipment Net 13,418.00 14,122.00 15,324.00 16,482.00 542.00 6,422.00 6,959.00 7,370.00 7,232.00 7,648.00 8,187.00 8,729.00 9,184.00 9,689.00 5,453.00 5,374.00 3,336.00 4,009.00 3,931.00 4,379.00
      Goodwill 33,310.00 33,310.00 33,310.00 33,310.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 4,854.00 4,878.00 5,725.00 5,749.00 4,178.00 4,798.00 4,902.00 5,005.00 5,473.00 5,576.00 5,655.00 5,758.00 13,314.00 13,418.00 13,521.00 13,624.00 13,728.00 13,831.00 13,935.00 14,038.00
      Long-Term Investments 0 0 72.00 247.00 0 0 0 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 0 0 0 0 0 0 0
      Other Non-Current Assets 652.00 1,517.00 573.00 687.00 6,480.00 422.00 465.00 568.00 326.00 340.00 354.00 369.00 383.00 411.00 424.00 457.00 313.00 335.00 359.00 474.00
Liabilities 11,440.00 13,020.00 15,658.00 17,547.00 18,684.00 18,523.00 17,498.00 16,627.00 16,126.00 23,745.00 23,262.00 22,992.00 20,971.00 20,184.00 21,813.00 20,161.00 18,138.00 18,519.00 19,794.00 32,840.00
   Current Liabilities 10,452.00 12,063.00 14,589.00 16,151.00 17,628.00 17,168.00 15,902.00 4,205.00 4,017.00 21,941.00 21,292.00 13,011.00 10,949.00 9,960.00 11,179.00 9,498.00 6,568.00 7,032.00 9,393.00 30,259.00
      Payables and Expenses 1,851.00 1,097.00 937.00 4,884.00 1,806.00 3,658.00 3,131.00 2,651.00 2,667.00 3,844.00 3,506.00 3,237.00 3,876.00 2,971.00 3,404.00 2,098.00 2,321.00 2,587.00 2,571.00 3,316.00
            Account Payables 864.00 1,853.00 2,628.00 1,810.00 1,388.00 2,916.00 2,392.00 2,076.00 1,958.00 2,363.00 2,077.00 1,728.00 2,144.00 1,565.00 2,367.00 1,265.00 1,399.00 1,630.00 1,465.00 1,864.00
            Current Accrued Liabilities 987.00 1,857.00 1,760.00 1,513.00 418.00 742.00 739.00 575.00 709.00 1,481.00 1,429.00 1,509.00 1,732.00 1,406.00 1,037.00 833.00 922.00 957.00 1,106.00 1,452.00
      Short-Term Debt 8,601.00 8,049.00 13,796.00 10,330.00 12,521.00 13,284.00 12,026.00 1,374.00 1,205.00 12,065.00 19,745.00 4,433.00 4,556.00 5,063.00 6,700.00 7,400.00 4,227.00 4,426.00 6,780.00 10,750.00
      Other Current Liabilities 0.00 2,917.00 -144.00 937.00 3,301.00 226.00 745.00 180.00 145.00 6,032.00 -1,959.00 5,341.00 2,517.00 1,926.00 1,075.00 0.00 20.00 19.00 42.00 16,193.00
   Non-Current Liabilities 988.00 957.00 1,069.00 1,396.00 1,056.00 1,355.00 1,596.00 12,422.00 12,109.00 1,804.00 1,970.00 9,981.00 10,022.00 10,224.00 10,634.00 10,663.00 11,570.00 11,487.00 10,401.00 2,581.00
      Long-Term Debt 943.00 857.00 1,030.00 1,351.00 213.00 1,355.00 1,596.00 12,422.00 12,109.00 1,804.00 1,970.00 9,889.00 9,930.00 10,132.00 10,542.00 10,571.00 4,561.00 4,470.00 1,254.00 2,510.00
      Other Non-Current Liabilities 45.00 100.00 39.00 45.00 843.00 0.00 0.00 0.00 0.00 0.00 0.00 92.00 92.00 92.00 92.00 92.00 7,009.00 7,017.00 9,147.00 71.00
Equity 51,741.00 55,551.00 48,095.00 48,968.00 -2,460.00 -1,934.00 -476.00 853.00 2,654.00 -4,038.00 -3,009.00 -1,516.00 8,955.00 11,590.00 12,601.00 13,399.00 11,302.00 8,679.00 8,315.00 -1,108.00
   Shareholders Equity 51,744.00 54,620.00 47,099.00 48,968.00 -4,920.00 -3,868.00 -952.00 853.00 2,654.00 -8,076.00 -6,018.00 -3,032.00 8,955.00 11,590.00 12,601.00 13,399.00 33,906.00 8,679.00 8,315.00 -2,216.00
      Capital Stock 2.00 2.00 3.00 35,008.00 0 0 0 0 0 0 2.00 2.00 2.00 2.00 2.00 1.00 1.00 1.00 1.00 1.00
      Share Premium 167,670.00 166,523.00 152,736.00 141,877.00 84,499.00 83,628.00 83,561.00 83,559.00 83,185.00 74,299.00 73,646.00 73,503.00 74,228.00 74,092.00 73,278.00 72,003.00 67,653.00 60,832.00 58,700.00 52,985.00
      Retained Earnings -115,883.00 -111,927.00 -105,637.00 -94,189.00 -86,959.00 -85,562.00 -84,037.00 -82,706.00 -80,531.00 -78,337.00 -76,657.00 -75,021.00 -65,275.00 -62,504.00 -60,679.00 -58,605.00 -56,352.00 -52,154.00 -50,386.00 -54,094.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -47.00 20.00 -17.00 -34.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest -3.00 931.00 996.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 72.00 247.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 9,544.00 8,906.00 14,826.00 11,681.00 12,734.00 14,639.00 13,622.00 13,796.00 13,314.00 13,869.00 21,715.00 14,322.00 14,486.00 15,195.00 17,242.00 17,971.00 8,788.00 8,896.00 8,034.00 13,260.00
Net Debt 8,204.00 2,584.00 13,320.00 10,499.00 12,424.00 14,219.00 13,286.00 13,393.00 12,956.00 13,030.00 21,448.00 13,599.00 14,054.00 14,172.00 14,636.00 14,695.00 6,018.00 7,827.00 6,020.00 12,424.00
Common Shares Outstanding 19,747.23 18,362.71 7,819.81 468.95 3,140.62 1,763.49 1,707.75 1,705.99 1,538.41 968.18 16,660.17 16,199.27 15,446.69 15,446.69 15,085.82 14,791.45 14,087.03 12,417.58 11,637.41 10,382.01
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00 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 5,411.00 3,067.00 1,832.00 -6,369.00 2,106.00 5,548.00 2,487.00 -6,434.00 8,717.00 5,636.00 2,879.00 -10,323.00 11,967.00 8,903.00 3,780.00 -7,352.00 10,138.00 6,861.00 3,243.00
Cost Of Revenue 0 0 15.00 -9,040.00 1,605.00 5,209.00 2,301.00 -5,008.00 7,538.00 4,969.00 2,238.00 -6,829.00 9,378.00 6,504.00 2,833.00 -4,583.00 7,100.00 4,969.00 2,494.00
Gross Profit 0 0 1,817.00 2,671.00 501.00 339.00 186.00 -1,426.00 1,179.00 667.00 641.00 -3,494.00 2,589.00 2,399.00 947.00 -2,769.00 3,038.00 1,892.00 749.00
Operating Expenses 35,372.00 24,790.00 9,275.00 9,012.00 1,847.00 2,571.00 1,236.00 -3,792.00 4,483.00 3,309.00 1,881.00 -5,937.00 7,295.00 5,155.00 2,577.00 -7,056.00 8,234.00 5,584.00 3,048.00
   Selling, General and Administrative Expenses 12,522.00 9,493.00 5,062.00 -601.00 1,848.00 2,770.00 1,356.00 -3,719.00 4,651.00 3,438.00 1,875.00 -5,793.00 7,194.00 5,054.00 2,577.00 -6,932.00 7,813.00 5,523.00 2,987.00
   Other Operating Expenses 22,850.00 15,297.00 4,213.00 9,613.00 -1.00 -199.00 -120.00 -73.00 -168.00 -129.00 6.00 -144.00 101.00 101.00 0.00 -124.00 421.00 61.00 61.00
Operating Income -16,733.00 -12,860.00 -7,458.00 -6,341.00 -1,346.00 -2,232.00 -1,050.00 2,366.00 -3,304.00 -2,642.00 -1,240.00 2,443.00 -4,706.00 -2,756.00 -1,630.00 4,287.00 -5,196.00 -3,692.00 -2,299.00
Net Non-Operating Income 2,449.00 2,155.00 531.00 6,451.00 -928.00 -549.00 -243.00 335.00 -2,093.00 -599.00 -358.00 -6,292.00 -1,851.00 -1,068.00 -406.00 -4,331.00 1,357.00 1,746.00 2,074.00
Interest Income 2,341.00 2,276.00 1,888.00 2,232.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 2,346.00 2,277.00 1,889.00 467.00 965.00 556.00 248.00 -2,322.00 862.00 1,710.00 858.00 872.00 1,976.00 2,337.00 406.00 925.00 885.00 571.00 126.00
Net Interest -5.00 -1.00 -1.00 -4.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT -14,284.00 -10,705.00 -6,927.00 110.00 -2,274.00 -2,781.00 -1,293.00 2,701.00 -5,397.00 -3,241.00 -1,598.00 -3,849.00 -6,557.00 -3,824.00 -2,036.00 -44.00 -3,839.00 -1,946.00 -225.00
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -106.00 -192.00 -119.00 1,299.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests -214.00 -170.00 -105.00 -1,743.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income -320.00 -362.00 -224.00 -14.00 -162.00 -176.00 -92.00 -678.00 -127.00 -17.00 221.00 -1,365.00 -2,397.00 -905.00 -682.00 -5,523.00 30.00 1,940.00 3,708.00
EBIT -11,938.00 -8,428.00 -5,038.00 577.00 -1,309.00 -2,225.00 -1,045.00 379.00 -4,535.00 -1,531.00 -740.00 -2,977.00 -4,581.00 -1,487.00 -1,630.00 881.00 -2,954.00 -1,375.00 -99.00
Deprecation and Amortization 2,487.00 1,656.00 838.00 -155.00 99.00 628.00 306.00 -990.00 1,122.00 817.00 407.00 -533.00 1,104.00 686.00 263.00 -572.00 903.00 606.00 300.00
EBITDA -9,451.00 -6,772.00 -4,200.00 422.00 -1,210.00 -1,597.00 -739.00 -611.00 -3,413.00 -714.00 -333.00 -3,510.00 -3,477.00 -801.00 -1,367.00 309.00 -2,051.00 -769.00 201.00
EPS -0.00 -0.00 -0.01 0.00 -0.00 -0.00 -0.00 0.00 -0.01 -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 0.00 0 0 -0.00 0.00 -0.01 0 0 0.00 -0.00 -0.00 -0.00 0.00 0 0.00 0.00
Average Shares Outstanding Basic 10,386.75 5,855.40 1,864.79 -724.53 1.86 1.73 1,706.00 -12,952.93 0.93 841.00 16,475.00 31,341.79 15.21 15,090.00 14,901.00 15,915.00 12,145.00 11,683.00 11,089.00
Average Shares Outstanding Diluted 10,386.75 5,855.40 0 -720.94 0 0 1,706.00 4,363.07 0.93 0 0 10,002.07 15.21 15,090.00 14,901.00 8,794.00 0 14,401.00 11,981.00
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 -22,874.00 -11,198.00 -1,469.00 1,195.00 -3,206.00 -1,137.00 -81.00 928.00 -1,697.00 -639.00 -428.00 -1,163.00 151.00 271.00 -136.00 -7,674.00 -5,304.00 -318.00 1,400.00
   Operating Net Income -15,029.00 -11,067.00 -13,854.00 -10,297.00 -6,414.00 -5,562.00 -3,879.00 -535.00 -10,794.00 -6,482.00 -4,794.00 -13,583.00 -19,671.00 -11,472.00 -4,072.00 -6,678.00 90.00 0 0
   Deprecation and Amortization 2,487.00 1,656.00 838.00 -155.00 99.00 628.00 306.00 -990.00 1,122.00 817.00 407.00 -533.00 1,104.00 686.00 263.00 -572.00 903.00 606.00 300.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 100.00 100.00 -2,085.00 1,226.00 923.00 379.00 532.00 75.00 23.00 19.00
   Change in Working Capital -1,314.00 177.00 751.00 -715.00 -679.00 340.00 116.00 -1,659.00 -1,573.00 40.00 261.00 -2,729.00 64.00 -349.00 1,626.00 3,722.00 519.00 -550.00 -1,669.00
   Other Operating Activities -9,018.00 -1,964.00 10,796.00 12,362.00 3,788.00 3,457.00 3,376.00 4,312.00 9,548.00 4,886.00 3,598.00 17,767.00 17,428.00 10,483.00 1,668.00 -4,678.00 -6,891.00 -397.00 2,750.00
Investing Cash Flow -2,096.00 59.00 -65.00 -1,125.00 114.00 95.00 14.00 83.00 -24.00 73.00 -28.00 4,040.00 -2,483.00 -2,485.00 -1,389.00 -6,767.00 3,283.00 3,270.00 3,419.00
   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 203.00 134.00 65.00 -42.00 0 99.00 14.00 -129.00 374.00 219.00 28.00 -5,228.00 2,707.00 2,709.00 2,689.00 -285.00 299.00 261.00 104.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 388.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -2,299.00 -75.00 -130.00 -1,471.00 114.00 -4.00 0.00 212.00 -398.00 -146.00 -56.00 9,268.00 -5,190.00 -5,194.00 -4,078.00 -6,482.00 2,984.00 3,009.00 3,315.00
Financing Cash Flow 12,966.00 10,936.00 1,841.00 2,038.00 1,493.00 1,059.00 0 -626.00 1,356.00 682.00 0 337.00 -512.00 -39.00 855.00 10,399.00 1,303.00 -2,878.00 -3,641.00
   Net Issuance/Repayment of Debt 5,072.00 2,622.00 3,847.00 2,293.00 0 41.00 0 40.00 0 0 0 -1,533.00 7,709.00 6,236.00 3,145.00 -9,613.00 6,381.00 6,178.00 3,641.00
   Net Issuance/Repurchase of Equity 6,566.00 8,766.00 10,744.00 5,787.00 393.00 0 0 845.00 1,300.00 651.00 0 -196.00 197.00 197.00 0 4,086.00 2,009.00 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 1,328.00 -452.00 -12,750.00 -6,042.00 1,100.00 1,018.00 0 -1,511.00 56.00 31.00 0 2,066.00 -8,418.00 -6,472.00 -2,290.00 15,926.00 -7,087.00 -9,056.00 -7,282.00
Net Change in Cash 481.00 5,396.00 307.00 956.00 4.00 17.00 -67.00 385.00 -365.00 116.00 -456.00 3,214.00 -2,844.00 -2,253.00 -670.00 -905.00 1,934.00 233.00 1,178.00
   Cash at Beginning of Period 859.00 926.00 1,199.00 226.00 306.00 403.00 403.00 18.00 723.00 723.00 723.00 -2,491.00 3,276.00 3,276.00 3,276.00 4,181.00 836.00 836.00 836.00
   Cash at End of Period 1,340.00 6,322.00 1,506.00 1,182.00 310.00 420.00 336.00 403.00 358.00 839.00 267.00 723.00 432.00 1,023.00 2,606.00 3,276.00 2,770.00 1,069.00 2,014.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0