Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.59
Price to Sales 0.10
Book Value Per Common Share 4.05 12.34 33.88 1.40
Price to Book 1.52
Price to Operating Cash Flow 16.37
Price to Free Cash Flow -21.18
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30
Price to Earnings 11.61 -4.85 -8.92 -1.22 -3.27 -4.57
Price to Sales 0.69 0.45 0.71 0.49 0.38 0.54
Book Value Per Common Share 3.48 2.85 3.49 4.05 8.44 10.76 0.61 0.91
Price to Book 1.70 1.44 2.14 1.52 0.68 0.89
Price to Operating Cash Flow 4.07 6.76 22.01 -6.27 36.16 7.11
Price to Free Cash Flow 4.60 11.83 31.29 -5.78 742.86 8.73
Enterprise Value to EBITDA 50060.06 2062123.00 247557.84

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY -20.55 -23.85 -20.77
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30
Earning YoY
Revenue YoY -6.34 -11.64 -16.22 -15.48 -14.87 -17.15 -19.11 -9.95
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 2.95 5.34 13.02 0.39
Quick Ratio 0.17 0.21 0.44 0.46
Current Ratio 0.62 0.72 1.01 1.27
Debt to Equity 5.20 2.35 1.10 0.65
Long-Term Debt to Equity 0.67 0.35 0.22 0.04
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30
Cash Per Common Share 4.84 3.66 3.25 2.93 4.71 6.39 0.21 0.19
Quick Ratio 0.38 0.28 0.20 0.17 0.23 0.28 0.38 0.30
Current Ratio 0.65 0.60 0.52 0.62 0.64 0.72 0.96 0.94
Debt to Equity 4.93 6.24 5.35 5.20 2.86 2.62 1.19 0.75
Long-Term Debt to Equity 1.16 1.47 0.40 0.67 0.32 0.38 0.25 0.05

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -41.04 -55.14 -43.80 -35.82
ROE -254.32 -184.44 -91.80 -59.26
Gross Margin 68.61 61.29 53.39 62.38
Operating Margin -15.41 -27.27 -28.01 -27.86
EBITDA Margin -4.16 -15.25 -13.69 -21.04
Net Profit Margin -17.11 -28.96 -28.05 -26.14
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30
ROA 2.44 -4.04 -3.77 -19.80 -5.32 -5.40 -7.02 -8.54
ROE 14.46 -29.27 -23.92 -122.68 -20.56 -19.54 -15.40 -14.94
Gross Margin 74.56 72.31 71.24 70.48 67.33 67.71 63.04 48.72
Operating Margin 7.64 -7.09 -3.65 -38.04 -10.02 -8.73 -16.91 -23.53
EBITDA Margin 14.00 -0.34 0.35 -19.72 1.56 -4.25 -9.52 -14.94
Net Profit Margin 5.96 -9.23 -7.94 -40.01 -11.75 -11.84 -20.14 -23.37

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 174,556.00 276,839.00 443,395.00 637,612.00
   Current Assets 78,685.00 119,273.00 186,454.00 299,372.00
   Deposits 0 0 0 8,915.00
      Cash and Short-Term Investments 20,087.00 33,309.00 80,091.00 107,054.00
            Cash and Cash Equivalents 20,087.00 33,309.00 80,091.00 107,054.00
            Short-Term Investments 0 0 0 0
      Net Receivables 1,449.00 1,270.00 866.00 1,225.00
      Inventory 16,303.00 24,976.00 54,060.00 132,730.00
      Other Current Assets 40,846.00 59,718.00 51,437.00 58,363.00
   Non-Current Assets 95,871.00 157,566.00 256,941.00 338,240.00
      Property, Plant, Equipment Net 15,812.00 48,118.00 79,177.00 119,498.00
      Goodwill 65,166.00 85,166.00 125,166.00 125,166.00
      Intangible Assets 0 0 8,204.00 46,367.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 47,209.00
Liabilities 146,386.00 194,079.00 231,853.00 252,227.00
   Current Liabilities 127,638.00 165,203.00 184,640.00 236,232.00
      Payables and Expenses 29,336.00 48,472.00 61,786.00 122,904.00
            Account Payables 9,534.00 10,659.00 17,940.00 48,379.00
            Current Accrued Liabilities 16,677.00 33,850.00 39,028.00 74,525.00
      Short-Term Debt 10,838.00 9,903.00 3,400.00 0
      Other Current Liabilities 87,464.00 106,828.00 119,454.00 113,328.00
   Non-Current Liabilities 18,748.00 28,876.00 47,213.00 15,995.00
      Long-Term Debt 11,641.00 22,916.00 43,053.00 0
      Other Non-Current Liabilities 7,107.00 5,960.00 4,160.00 0
Equity 28,170.00 82,760.00 211,542.00 385,385.00
   Shareholders Equity 28,170.00 82,760.00 211,542.00 385,385.00
      Capital Stock 2.00 2.00 2.00 17.00
      Share Premium 671,735.00 654,657.00 630,738.00 610,418.00
      Retained Earnings -643,518.00 -571,876.00 -419,235.00 -225,043.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -49.00 -23.00 37.00 -21.00
   Minority Interest 0 0 0 0
Investments 0 0 0 314.00
Debt 22,479.00 32,819.00 46,453.00 6,900.00
Common Shares Outstanding 6,947.83 6,707.36 6,243.24 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 418,796.00 527,109.00 692,199.00 873,645.00
Cost Of Revenue 131,452.00 204,022.00 322,626.00 328,662.00
Interest Expense 6,882.00 8,874.00 3,368.00 536.00
Non-Interest Expense 249,335.00 340,079.00 438,413.00 0
Gross Profit 287,344.00 323,087.00 369,573.00 544,983.00
Operating Expenses 325,705.00 414,486.00 542,776.00 842,301.00
   Selling, General and Administrative Expenses 249,335.00 340,079.00 438,413.00 627,812.00
   Research and Development Expenses 76,370.00 74,407.00 104,363.00 4,600.00
   Other Operating Expenses 0 0 0 209,889.00
Operating Income -38,361.00 -91,399.00 -173,203.00 -297,318.00
Net Non-Operating Income 2,922.00 1,747.00 958.00 53,397.00
EBT -71,403.00 -152,604.00 -197,245.00 -243,921.00
Income Tax 239.00 37.00 -3,053.00 15,539.00
Net Income Including Non-Controlling Interests -71,642.00 -152,641.00 -194,192.00 0
Net Income -71,642.00 -152,641.00 -194,192.00 -228,382.00
EBIT -64,521.00 -143,730.00 -193,877.00 -243,385.00
Deprecation and Amortization 47,106.00 63,328.00 99,124.00 59,597.00
EBITDA -17,415.00 -80,402.00 -94,753.00 -183,788.00
EPS -0.01 -0.02 -0.03 -0.00
Diluted EPS -0.01 -0.02 -0.03 -0.00
Average Shares Outstanding Basic 6,818.05 6,238.78 6,149.78 275,359.00
Average Shares Outstanding Diluted 6,818.05 6,238.78 6,149.78 275,359.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 2,562.00 -22,537.00 -47,173.00 -215,249.00
   Operating Net Income -71,642.00 -152,641.00 -194,192.00 -228,382.00
   Deprecation and Amortization 47,106.00 63,328.00 99,124.00 59,597.00
   Deferred Income Tax 5.00 -191.00 -2,961.00 -15,862.00
   Share Based Compensation 17,069.00 23,891.00 17,620.00 16,413.00
   Change in Working Capital -17,993.00 -20,464.00 -20,764.00 -83,093.00
   Other Operating Activities 28,017.00 63,540.00 54,000.00 36,078.00
Investing Cash Flow 1,058.00 -10,826.00 -26,493.00 -125,191.00
   Capital Expenditure 0 0 0 -77,911.00
   Net Purchase/Sale of PPE 1,058.00 -6,576.00 -26,493.00 -77,911.00
   Net Purchase/Sale of Investments Net 0 0 0 -5,000.00
   Net Purchase/Sale of Business 0 0 0 -37,280.00
   Other Investing Activities 0 0 0.00 72,911.00
Financing Cash Flow -15,868.00 -13,717.00 47,561.00 390,651.00
   Net Issuance/Repayment of Debt -15,877.00 -17,000.00 49,375.00 -42,000.00
   Net Issuance/Repurchase of Equity 0 0 0 4,680.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 0 0 0 427,971.00
Net Change in Cash -12,248.00 -47,080.00 -26,105.00 50,227.00
   Cash at Beginning of Period 33,409.00 80,091.00 107,054.00 56,827.00
   Cash at End of Period 20,187.00 33,409.00 80,091.00 107,054.00
Free Cash Flow -1,980.00 -29,113.00 -73,666.00 -293,160.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30 2022-03-31 2021-12-31 2021-03-31
Assets 146,412.00 145,894.00 152,539.00 174,556.00 225,465.00 263,022.00 415,773.00 490,039.00 544,194.00 637,612.00 300,989.80
   Current Assets 60,376.00 57,295.00 61,658.00 78,685.00 95,251.00 116,442.00 171,787.00 184,476.00 220,548.00 299,372.00 985.37
   Deposits 0 0 195.00 0 0 2,107.00 5,876.00 7,070.00 3,617.00 8,915.00 0
      Cash and Short-Term Investments 33,849.00 25,461.00 22,376.00 20,087.00 32,213.00 43,179.00 66,393.00 57,060.00 63,426.00 107,054.00 730.43
            Cash and Cash Equivalents 33,849.00 25,461.00 18,126.00 20,087.00 32,213.00 38,929.00 66,393.00 57,060.00 63,426.00 107,054.00 730.43
            Short-Term Investments 0 0 4,250.00 0 0 4,250.00 0 0 0 0 0
      Net Receivables 1,454.00 1,851.00 1,933.00 1,449.00 1,689.00 1,613.00 1,839.00 1,382.00 1,296.00 1,225.00 0
      Inventory 11,149.00 11,406.00 13,480.00 16,303.00 18,008.00 20,807.00 48,304.00 72,271.00 99,993.00 132,730.00 0
      Other Current Assets 13,924.00 18,577.00 23,869.00 40,846.00 43,341.00 50,843.00 55,251.00 53,763.00 55,833.00 58,363.00 254.93
   Non-Current Assets 86,036.00 88,599.00 90,881.00 95,871.00 130,214.00 146,580.00 243,986.00 305,563.00 323,646.00 338,240.00 300,004.43
      Property, Plant, Equipment Net 11,694.00 13,146.00 10,661.00 15,812.00 27,699.00 36,560.00 67,395.00 92,301.00 102,978.00 119,498.00 0
      Goodwill 65,166.00 65,166.00 65,166.00 65,166.00 85,166.00 85,166.00 125,166.00 0 0 125,166.00 0
      Intangible Assets 0 0 0 0 14,498.00 0 6,926.00 0 0 46,367.00 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 300,004.43
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 15,054.00 0 2,851.00 24,854.00 44,499.00 213,262.00 220,668.00 47,209.00 0.00
Liabilities 121,722.00 125,736.00 128,504.00 146,386.00 167,090.00 190,281.00 226,216.00 209,883.00 225,967.00 252,227.00 58,801.61
   Current Liabilities 93,078.00 96,134.00 118,844.00 127,638.00 148,617.00 162,679.00 178,295.00 196,871.00 210,285.00 236,232.00 2,695.95
      Payables and Expenses 21,055.00 19,704.00 27,746.00 29,336.00 31,034.00 49,156.00 71,538.00 85,025.00 95,523.00 122,904.00 2,675.35
            Account Payables 4,280.00 4,970.00 8,173.00 9,534.00 7,110.00 8,432.00 16,754.00 22,676.00 25,626.00 48,379.00 2,675.35
            Current Accrued Liabilities 14,297.00 11,975.00 19,573.00 16,677.00 20,465.00 40,724.00 54,784.00 62,349.00 69,897.00 74,525.00 0
      Short-Term Debt 1,591.00 1,361.00 16,425.00 10,838.00 12,800.00 5,875.00 1,250.00 0 0 0 0
      Other Current Liabilities 70,432.00 75,069.00 74,673.00 87,464.00 104,783.00 107,648.00 105,507.00 111,846.00 114,762.00 113,328.00 20.60
   Non-Current Liabilities 28,644.00 29,602.00 9,660.00 18,748.00 18,473.00 27,602.00 47,921.00 13,012.00 15,682.00 15,995.00 56,105.66
      Long-Term Debt 23,898.00 24,669.00 0 11,641.00 11,867.00 18,680.00 40,276.00 0 0 0 0
      Other Non-Current Liabilities 4,746.00 4,933.00 0 7,107.00 6,606.00 8,922.00 7,645.00 0 0 0 0
Equity 24,690.00 20,158.00 24,035.00 28,170.00 58,375.00 72,741.00 189,557.00 280,156.00 318,227.00 385,385.00 242,188.19
   Shareholders Equity 24,690.00 20,158.00 24,035.00 28,170.00 58,375.00 72,741.00 189,557.00 280,156.00 318,227.00 385,385.00 5,000.01
      Capital Stock 2.00 2.00 0 2.00 2.00 1.00 14.00 0 14.00 17.00 0.63
      Share Premium 676,353.00 675,386.00 673,357.00 671,735.00 667,300.00 658,816.00 638,135.00 620,643.00 616,905.00 610,418.00 29,506.03
      Retained Earnings -651,597.00 -655,166.00 -649,266.00 -643,518.00 -608,960.00 -586,092.00 -448,423.00 -340,443.00 -298,576.00 -225,043.00 -24,507.40
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -68.00 -64.00 -58.00 -49.00 33.00 15.00 -187.00 -75.00 -133.00 -21.00 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 4,250.00 0 0 4,250.00 0 0 0 314.00 300,004.43
Debt 25,489.00 26,030.00 16,425.00 22,479.00 24,667.00 24,555.00 41,526.00 0 0 6,900.00 0
Common Shares Outstanding 7,088.04 7,066.13 0 6,947.83 6,916.17 0 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30 2022-03-31 2021-03-31
Revenues 59,887.00 63,941.00 72,363.00 86,374.00 102,193.00 120,046.00 144,901.00 179,136.00 198,922.00 0
Cost Of Revenue 15,238.00 17,703.00 20,814.00 25,499.00 33,382.00 38,764.00 53,561.00 91,867.00 105,905.00 0
Interest Income 0 0 3,265.00 0 0 0 0 0 0 0
Interest Expense 1,056.00 1,268.00 3,065.00 1,709.00 1,646.00 3,675.00 4,631.00 3.00 19.00 0.00
Net Interest 0 0 200.00 0 0 0 0 0 0 0
Non-Interest Expense 29,269.00 37,099.00 0 50,543.00 57,352.00 0 0 0 0 0
Gross Profit 44,649.00 46,238.00 51,549.00 60,875.00 68,811.00 81,282.00 91,340.00 87,269.00 93,017.00 0
Operating Expenses 39,675.00 47,710.00 55,223.00 72,652.00 76,734.00 92,105.00 118,775.00 131,673.00 167,437.00 2,724.77
   Selling, General and Administrative Expenses 29,269.00 37,099.00 42,627.00 50,543.00 57,352.00 72,744.00 94,292.00 106,208.00 126,517.00 0
   Research and Development Expenses 10,406.00 10,611.00 0 22,109.00 19,382.00 0 0 0 0 0
   Other Operating Expenses 0 0 12,596.00 0 0 19,361.00 24,483.00 25,465.00 40,920.00 2,724.77
Operating Income 4,974.00 -1,472.00 -3,674.00 -11,777.00 -7,923.00 -10,823.00 -27,435.00 -44,404.00 -74,420.00 -2,724.77
Net Non-Operating Income 352.00 41.00 -2,029.00 679.00 1,358.00 -3,331.00 -1,705.00 2,256.00 181.00 -13,865.79
EBT 3,520.00 -5,799.00 -5,703.00 -34,563.00 -11,888.00 -14,154.00 -29,140.00 -42,148.00 -74,239.00 -16,590.56
Income Tax -49.00 101.00 45.00 -5.00 115.00 62.00 48.00 281.00 706.00 0.00
Net Income Including Non-Controlling Interests 3,569.00 -5,900.00 0 -34,558.00 -12,003.00 0 0 0 0 0
Net Income 3,569.00 -5,900.00 -5,748.00 -34,558.00 -12,003.00 -14,216.00 -29,188.00 -41,867.00 -73,533.00 -16,590.56
EBIT 4,576.00 -4,531.00 -2,638.00 -32,854.00 -10,242.00 -10,479.00 -24,509.00 -42,145.00 -74,220.00 -16,590.56
Deprecation and Amortization 3,806.00 4,311.00 2,888.00 15,825.00 11,840.00 5,378.00 10,713.00 15,380.00 21,587.00 0.00
EBITDA 8,382.00 -220.00 250.00 -17,029.00 1,598.00 -5,101.00 -13,796.00 -26,765.00 -52,633.00 0
EPS 0.00 -0.00 -0.00 -0.01 -0.00 -0.00 -0.00 -0.00 0 0
Diluted EPS 0.00 -0.00 -0.00 -0.01 -0.00 -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 6,999.25 6,951.00 6,883.00 6,857.00 6,840.96 6,761.00 309,141.00 307,205.00 0 0
Average Shares Outstanding Diluted 7,046.07 6,951.00 6,883.00 6,857.00 6,840.96 6,761.00 309,141.00 307,205.00 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-06-30 2022-03-31 2021-03-31
Operating Cash Flow 10,187.00 4,238.00 2,342.00 -6,729.00 1,082.00 9,134.00 -7,869.00 0 -33,371.00 -453.39
   Operating Net Income 3,569.00 -5,900.00 -5,748.00 -34,558.00 -12,003.00 -14,216.00 -29,188.00 -41,867.00 -73,533.00 -16,509.56
   Deprecation and Amortization 3,806.00 4,311.00 2,888.00 15,825.00 11,840.00 5,378.00 10,713.00 15,380.00 21,587.00 0
   Deferred Income Tax 0 0 0 3.00 1.00 -3.00 -53.00 0 -808.00 0
   Share Based Compensation 1,003.00 2,015.00 1,726.00 4,374.00 3,591.00 4,365.00 9,555.00 0 4,564.00 0
   Change in Working Capital -449.00 2,072.00 -541.00 -15,114.00 -4,038.00 9,067.00 -5,676.00 0 -1,689.00 16,121.00
   Other Operating Activities 0 1,740.00 4,017.00 22,741.00 1,691.00 4,543.00 6,780.00 0 16,508.00 -64.83
Investing Cash Flow -1,187.00 -1,817.00 -694.00 -568.00 -1,029.00 3,901.00 -3,417.00 0 -12,403.00 0
   Capital Expenditure 0 0 -694.00 0 0 -1,699.00 -3,417.00 0.00 -12,403.00 0.00
   Net Purchase/Sale of PPE -1,187.00 -1,817.00 -694.00 -568.00 -1,029.00 3,901.00 -3,417.00 0 -12,403.00 0
   Net Purchase/Sale of Investments Net 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
   Other Investing Activities 0.00 0.00 694.00 0.00 0.00 1,699.00 3,417.00 0 12,403.00 0
Financing Cash Flow -274.00 4,514.00 -3,729.00 -4,058.00 -306.00 -7,219.00 -2,441.00 0 1,923.00 0
   Net Issuance/Repayment of Debt 0 6,043.00 -3,625.00 -4,119.00 -312.00 -7,013.00 -313.00 0 0 0
   Net Issuance/Repurchase of Equity 0 0 47.00 0 0 0 0 0 2,115.00 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -274.00 -1,529.00 -151.00 61.00 6.00 -206.00 -2,128.00 0 -192.00 0
Net Change in Cash 8,726.00 6,935.00 -2,061.00 -11,355.00 -253.00 5,520.00 -13,698.00 0 -43,628.00 -453.39
   Cash at Beginning of Period 25,561.00 18,126.00 20,187.00 32,313.00 32,327.00 33,409.00 80,091.00 0 107,054.00 0
   Cash at End of Period 33,949.00 25,561.00 18,126.00 20,187.00 32,313.00 38,929.00 66,393.00 57,060.00 63,426.00 0
Free Cash Flow 9,000.00 2,421.00 1,648.00 -7,297.00 53.00 7,435.00 -11,286.00 0 -45,774.00 0