Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 68.67 38.00 -31.08
Price to Sales 1.07 0.69 0.18
Book Value Per Common Share -3.09 -1.14 -0.76 -0.86
Price to Book -2.00 -4.32 -4.88
Price to Operating Cash Flow 4.68 4.72 -3.28
Price to Free Cash Flow 5.53 5.25 -2.73
Enterprise Value to EBITDA 135848.09 137542.50 241245.54
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-12-31
Price to Earnings 11.54 40.20 7.57 16.41 -96.67 -15.87
Price to Sales 1.96 2.60 2.14 3.37 4.29 2.43
Book Value Per Common Share -2.30 -2.69 -2.86 -4.19 -1.02 -2.76 -0.76
Price to Book -1.31 -1.50 -1.17 -1.33 -5.67 -2.24 -4.88
Price to Operating Cash Flow 6.68 17.94 16.21 11.14 27.24 8.38
Price to Free Cash Flow 7.02 24.81 22.70 12.75 31.78 8.63
Enterprise Value to EBITDA 78350.38 129524.85 49420.00 85919.27

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -30.77
Revenue YoY 6.38 12.37
EBITDA YoY 68.84 2.58
Net Profit YoY -4.79
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-12-31
Earning YoY 160.00 -77.27 29.41
Revenue YoY -1.86 -0.26 -4.66 9.79 4.37
EBITDA YoY 23.37 -53.64 5.00
Net Profit YoY 157.08 -76.78 28.18

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 1.15 3.46 9.83 0.01
Quick Ratio 0.91 4.31 4.59
Current Ratio 1.32 5.51 5.39 0.20
Debt to Equity -2.20 -5.25 -2.92 0.08
Long-Term Debt to Equity -1.69 -4.64 -2.59 0.07
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-12-31
Cash Per Common Share 0.90 0.62 1.32 1.23 2.28 4.98 1.36
Quick Ratio 0.65 0.57 1.02 1.01 3.61 4.80 4.59
Current Ratio 1.01 0.98 1.42 1.50 4.75 5.41 5.39
Debt to Equity -2.70 -2.33 -2.45 -1.80 -4.57 -2.42 -2.92
Long-Term Debt to Equity -1.84 -1.69 -1.88 -1.43 -4.03 -2.18 -2.59

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 2.58 2.14 -0.87 3.49
ROE -3.09 -9.07 1.66 3.77
Gross Margin 11.56 37.55 33.83
Operating Margin 6.09 3.37 4.12
EBITDA Margin 7.91 4.98 5.46
Net Profit Margin 1.60 1.79 -0.59
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-12-31
ROA 7.36 3.04 11.12 10.57 -1.29 -5.71
ROE -12.51 -4.04 -16.17 -8.44 4.61 8.12
Gross Margin 71.77 71.60 22.78 70.27 42.88 38.11
Operating Margin 23.32 18.27 41.56 37.75 -3.56 -40.97
EBITDA Margin 25.31 20.13 43.31 39.33 -1.95 -39.77
Net Profit Margin 17.07 6.52 28.00 20.83 -4.42 -15.18

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 2024-09-30 2024-03-31 2023-03-31 2022-12-31
Dividend Yield 0.00 0.00 0.00
Dividend Payout Ratio 0.10 27.85 4.23

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 122,370.00 155,295.00 111,645.00 318,033.41
   Current Assets 68,127.00 122,343.00 101,178.00 451.62
      Cash and Short-Term Investments 39,342.00 89,002.00 79,231.00 130.36
            Cash and Cash Equivalents 39,342.00 89,002.00 79,231.00 130.36
            Short-Term Investments 0 0 0 0
      Net Receivables 7,631.00 6,809.00 6,948.00 0
      Inventory 14,845.00 17,307.00 11,183.00 0
      Other Current Assets 6,309.00 9,225.00 3,816.00 321.26
   Non-Current Assets 54,243.00 32,952.00 10,467.00 317,581.79
      Property, Plant, Equipment Net 10,219.00 3,095.00 3,556.00 0
      Goodwill 5,833.00 0 0 0
      Intangible Assets 5,500.00 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 28,742.00 24,884.00 1,838.00 0
      Other Non-Current Assets 3,949.00 4,973.00 5,073.00 0
Liabilities 224,570.00 191,841.00 169,919.00 23,163.34
   Current Liabilities 51,514.00 22,215.00 18,766.00 2,272.18
      Payables and Expenses 17,106.00 12,652.00 10,386.00 2,111.30
            Account Payables 5,813.00 4,155.00 4,112.00 281.30
            Current Accrued Liabilities 11,293.00 8,497.00 6,274.00 1,830.00
      Short-Term Debt 6,773.00 6,561.00 6,415.00 0
      Other Current Liabilities 27,635.00 3,002.00 1,965.00 160.87
   Non-Current Liabilities 173,056.00 169,626.00 151,153.00 20,891.17
      Long-Term Debt 104,089.00 108,310.00 114,013.00 0
      Other Non-Current Liabilities 68,967.00 61,316.00 37,140.00 0
Equity -102,200.00 -36,546.00 -58,274.00 294,870.07
   Shareholders Equity -105,928.00 -29,397.00 -44,459.00 -22,629.94
      Capital Stock 1.00 3.00 5.00 0
      Share Premium 0 0 0 0
      Retained Earnings -100,297.00 -29,391.00 -44,460.00 -22,630.73
      Treasury Shares -5,600.00 0 0 0
      Accumulated Other Comprehensive Income -35.00 -12.00 -5.00 0
   Minority Interest 3,728.00 -7,149.00 -13,815.00 0
Debt 110,862.00 114,871.00 120,428.00 0
Net Debt 71,520.00 25,869.00 41,197.00 0
Common Shares Outstanding 0 0 58,221.21 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 197,191.00 185,360.00 164,957.00 0
Cost Of Revenue 174,390.00 115,754.00 109,150.00 0
Gross Profit 22,801.00 69,606.00 55,807.00 0
Operating Expenses -8,810.00 40,949.00 116,529.00 3,321.69
   Selling, General and Administrative Expenses 107,450.00 98,826.00 169,032.00 0
   Other Operating Expenses -116,260.00 -57,877.00 -52,503.00 3,321.69
Operating Income 31,611.00 28,657.00 -60,722.00 -3,321.69
Net Non-Operating Income -30,595.00 -28,780.00 62,434.00 0
Interest Expense 11,001.00 6,363.00 5,091.00 0.00
Net Interest -11,001.00 -6,363.00 -5,091.00 0
EBT 1,016.00 -123.00 1,712.00 0
Income Tax 970.00 2,682.00 388.00 0.00
Net Income Including Non-Controlling Interests 46.00 -2,805.00 1,324.00 0
Net Income Non-Controlling Interests 3,111.00 6,121.00 -2,293.00 0
Net Income 3,157.00 3,316.00 -969.00 11,112.91
EBIT 12,017.00 6,240.00 6,803.00 0
Deprecation and Amortization 3,574.00 2,994.00 2,199.00 0.00
EBITDA 15,591.00 9,234.00 9,002.00 0
EPS 0.00 0.00 -0.00 0.00
Diluted EPS 0.00 0.00 -0.00 0.00
Average Shares Outstanding Basic 34,270.81 25,709.34 8,059.37 26,265.07
Average Shares Outstanding Diluted 34,270.81 25,709.34 8,059.37 26,265.07
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 45,243.00 26,883.00 -9,157.00 -1,370.78
   Operating Net Income 46.00 -2,805.00 1,324.00 11,112.91
   Deprecation and Amortization 3,574.00 2,994.00 2,199.00 0
   Deferred Income Tax -2,898.00 721.00 -743.00 0
   Share Based Compensation 8,735.00 9,057.00 82,180.00 0
   Change in Working Capital 9,934.00 -8,927.00 -35,814.00 1,790.05
   Other Operating Activities 25,852.00 25,843.00 -58,303.00 -14,273.73
Investing Cash Flow -18,798.00 -2,713.00 -1,838.00 -317,500.00
   Capital Expenditure -6,956.00 -2,713.00 -1,838.00 0.00
   Net Purchase/Sale of PPE -6,956.00 -2,713.00 -1,838.00 0
   Net Purchase/Sale of Investments Net 0 0 0 317,500.00
   Net Purchase/Sale of Business -11,842.00 0 0 0
   Other Investing Activities 6,956.00 2,713.00 1,838.00 -635,000.00
Financing Cash Flow -76,083.00 -14,380.00 63,460.00 318,999.54
   Net Issuance/Repayment of Debt 0 0 0 -122.50
   Net Issuance/Repurchase of Equity 8,271.00 564.00 0 319,500.00
   Dividends Paid 4,744.00 8,694.00 12,886.00 0
   Other Financing Activities -89,098.00 -23,638.00 50,574.00 -377.96
Net Change in Cash -49,660.00 9,771.00 52,465.00 0
   Cash at Beginning of Period 89,002.00 79,231.00 26,766.00 0
   Cash at End of Period 39,342.00 89,002.00 79,231.00 0
Free Cash Flow 38,287.00 24,170.00 -10,995.00 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Assets 111,324.00 104,798.00 123,379.00 122,370.00 101,252.00 160,108.00 155,295.00 119,135.00 111,645.00 317,947.99 318,033.41 319,014.54
   Current Assets 57,123.00 49,504.00 68,680.00 68,127.00 69,983.00 114,361.00 122,343.00 107,456.00 101,178.00 365.67 451.62 1,500.13
      Cash and Short-Term Investments 28,048.00 19,601.00 41,700.00 39,342.00 38,225.00 78,787.00 89,002.00 87,608.00 79,231.00 67.90 130.36 922.48
            Cash and Cash Equivalents 28,048.00 19,601.00 41,700.00 39,342.00 38,225.00 78,787.00 89,002.00 87,608.00 79,231.00 67.90 130.36 922.48
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 8,314.00 9,172.00 7,765.00 7,631.00 8,895.00 8,022.00 6,809.00 7,646.00 6,948.00 0 0 0
      Inventory 16,446.00 12,132.00 13,451.00 14,845.00 16,200.00 18,917.00 17,307.00 9,623.00 11,183.00 0 0 0
      Other Current Assets 4,315.00 8,599.00 5,764.00 6,309.00 6,663.00 8,635.00 9,225.00 2,579.00 3,816.00 297.78 321.26 577.65
   Non-Current Assets 54,201.00 55,294.00 54,699.00 54,243.00 31,269.00 45,747.00 32,952.00 11,679.00 10,467.00 317,582.32 317,581.79 317,514.41
      Property, Plant, Equipment Net 12,904.00 12,906.00 11,502.00 10,219.00 9,189.00 4,393.00 3,095.00 3,290.00 3,556.00 0 0 0
      Goodwill 5,833.00 5,833.00 5,833.00 5,833.00 5,516.00 5,525.00 0 0 0 0 0 0
      Intangible Assets 8,068.00 8,465.00 5,192.00 5,500.00 10,640.00 6,015.00 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 27,324.00 28,018.00 28,340.00 28,742.00 5,924.00 24,884.00 24,884.00 3,183.00 1,838.00 0 0 0
      Other Non-Current Assets 72.00 72.00 3,832.00 3,949.00 0.00 4,930.00 4,973.00 5,206.00 5,073.00 0 0 0
Liabilities 176,791.00 183,638.00 208,205.00 224,570.00 228,076.00 205,008.00 191,841.00 202,944.00 169,919.00 21,766.62 23,163.34 39,156.61
   Current Liabilities 56,308.00 50,537.00 48,470.00 51,514.00 46,510.00 24,057.00 22,215.00 19,860.00 18,766.00 3,226.83 2,272.18 58.53
      Payables and Expenses 9,402.00 8,648.00 13,563.00 17,106.00 7,491.00 13,925.00 12,652.00 11,315.00 10,386.00 2,966.94 2,111.30 9.21
            Account Payables 4,359.00 3,863.00 3,335.00 5,813.00 4,374.00 4,196.00 4,155.00 5,063.00 4,112.00 302.82 281.30 0.56
            Current Accrued Liabilities 5,043.00 4,785.00 10,228.00 11,293.00 2,911.00 9,729.00 8,497.00 6,252.00 6,274.00 2,664.12 1,830.00 8.66
      Short-Term Debt 6,824.00 6,807.00 6,790.00 6,773.00 6,732.00 6,656.00 6,561.00 6,467.00 6,415.00 72.80 0 0
      Other Current Liabilities 40,082.00 35,082.00 28,117.00 27,635.00 32,287.00 3,476.00 3,002.00 2,078.00 1,965.00 187.08 160.87 49.31
   Non-Current Liabilities 120,483.00 133,101.00 159,735.00 173,056.00 181,566.00 180,951.00 169,626.00 183,084.00 151,153.00 18,539.79 20,891.17 39,098.08
      Long-Term Debt 99,582.00 101,087.00 102,594.00 104,089.00 115,574.00 107,187.00 108,310.00 112,574.00 114,013.00 0 0 0
      Other Non-Current Liabilities 20,901.00 32,014.00 57,141.00 68,967.00 65,992.00 73,764.00 61,316.00 70,510.00 37,140.00 0 0 0
Equity -65,467.00 -78,840.00 -84,826.00 -102,200.00 -126,824.00 -44,900.00 -36,546.00 -83,809.00 -58,274.00 296,181.37 294,870.07 279,857.93
   Shareholders Equity -72,751.00 -85,104.00 -89,981.00 -105,928.00 -130,342.00 -35,399.00 -29,397.00 -48,538.00 -44,459.00 -21,318.63 -22,629.94 5,000.00
      Capital Stock 4.00 4.00 1.00 1.00 4.00 3.00 3.00 2.00 5.00 0 0 0.43
      Share Premium 0 0 0 0 0 0 0 0 0 136.83 0 8,942.16
      Retained Earnings -63,760.00 -79,478.00 -84,346.00 -100,297.00 -124,717.00 -31,303.00 -29,391.00 -48,532.00 -44,460.00 -21,456.25 -22,630.73 -3,943.37
      Treasury Shares 8,965.00 5,600.00 -5,600.00 -5,600.00 5,600.00 -4,088.00 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -30.00 -30.00 -39.00 -35.00 -29.00 -14.00 -12.00 -12.00 -5.00 0 0 0
   Minority Interest 7,284.00 6,264.00 5,155.00 3,728.00 3,518.00 -9,501.00 -7,149.00 -35,271.00 -13,815.00 0 0 0
Debt 106,406.00 107,894.00 109,384.00 110,862.00 122,306.00 113,843.00 114,871.00 119,041.00 120,428.00 72.80 0 0
Net Debt 75,332.00 85,135.00 67,684.00 71,520.00 80,573.00 35,056.00 25,869.00 31,433.00 41,197.00 4.90 0 0
Common Shares Outstanding 31,692.73 31,692.73 0 0 31,112.66 0 0 0 58,221.21 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 47,956.00 48,863.00 48,992.00 51,384.00 46,804.00 44,843.00 0 0
Cost Of Revenue 13,538.00 13,875.00 37,830.00 15,278.00 26,734.00 27,754.00 0 0
Interest Expense 2,733.00 2,852.00 2,905.00 3,542.00 1,660.00 2,426.00 0.00 0.00
Net Interest 0 0 -2,905.00 0 -1,660.00 -2,426.00 0 0
Non-Interest Expense 26,151.00 24,223.00 0 23,922.00 0 0 0 0
Gross Profit 34,418.00 34,988.00 11,162.00 36,106.00 20,070.00 17,089.00 0 0
Operating Expenses 26,151.00 24,223.00 1,472.00 23,922.00 9,643.00 9,208.00 1,240.37 1,070.32
   Selling, General and Administrative Expenses 26,151.00 24,223.00 26,692.00 23,922.00 23,010.00 23,085.00 0 0
   Other Operating Expenses 0 0 -25,220.00 0 -13,367.00 -13,877.00 1,240.37 1,070.32
Operating Income 8,267.00 10,765.00 9,690.00 12,184.00 10,427.00 7,881.00 -1,240.37 -1,070.32
Net Non-Operating Income -3.00 -6.00 7,765.00 0 -13,751.00 -28,681.00 0 0
EBT 8,451.00 6,075.00 17,455.00 15,855.00 -3,324.00 -20,800.00 0 0
Income Tax -765.00 2,150.00 1,616.00 3,198.00 2,486.00 630.00 0.00 0.00
Net Income Including Non-Controlling Interests 9,216.00 3,925.00 15,839.00 12,657.00 -5,810.00 -21,430.00 0 0
Net Income Non-Controlling Interests -1,028.00 -740.00 -2,121.00 -1,955.00 3,740.00 14,625.00 0 0
Net Income 8,188.00 3,185.00 13,718.00 10,702.00 -2,070.00 -6,805.00 1,174.48 -3,943.37
EBIT 11,184.00 8,927.00 20,360.00 19,397.00 -1,664.00 -18,374.00 0 0
Deprecation and Amortization 952.00 910.00 857.00 810.00 750.00 538.00 0.00 0.00
EBITDA 12,136.00 9,837.00 21,217.00 20,207.00 -914.00 -17,836.00 0 0
EPS 0.00 0.00 0.00 0.00 -0.00 -0.00 0 0
Diluted EPS 0.00 0.00 0.00 0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 31,331.97 31,625.49 31,485.78 31,045.17 34,621.17 17,585.04 0 0
Average Shares Outstanding Diluted 36,708.87 31,743.16 36,952.96 32,260.81 34,621.17 17,585.04 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow 14,072.00 7,086.00 6,467.00 15,556.00 7,372.00 12,992.00 -335.04 -627.00
   Operating Net Income 9,216.00 3,925.00 15,839.00 12,657.00 -5,810.00 -21,430.00 1,174.48 -3,943.37
   Deprecation and Amortization 952.00 910.00 857.00 810.00 750.00 538.00 0 0
   Deferred Income Tax -246.00 777.00 508.00 2,233.00 0 103.00 0 0
   Share Based Compensation 2,410.00 2,186.00 2,127.00 2,245.00 1,763.00 2,170.00 0 0
   Change in Working Capital 3,120.00 -4,648.00 -4,707.00 2,349.00 -1,933.00 3,090.00 879.12 -568.43
   Other Operating Activities -1,380.00 3,936.00 -8,157.00 -4,738.00 12,602.00 28,521.00 -2,388.64 3,884.81
Investing Cash Flow -690.00 -1,962.00 -1,848.00 -1,974.00 -12,176.00 -380.00 63.75 -317,500.00
   Capital Expenditure -191.00 -153.00 -1,848.00 -424.00 -1,054.00 -380.00 0.00 0.00
   Net Purchase/Sale of PPE -499.00 -1,809.00 -1,848.00 -1,550.00 -1,054.00 -380.00 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 317,500.00 317,500.00
   Net Purchase/Sale of Business 0 0 0 0 -11,122.00 0 0 0
   Other Investing Activities 0 0 1,848.00 0.00 1,054.00 380.00 -317,436.25 -635,000.00
Financing Cash Flow -4,935.00 -27,232.00 -2,257.00 -1,768.00 -5,409.00 -4,235.00 208.83 319,047.89
   Net Issuance/Repayment of Debt -1,562.00 -1,562.00 0 -1,562.00 0 0 0 -122.50
   Net Issuance/Repurchase of Equity -3,365.00 72.00 0 0 4,412.00 420.00 0 319,500.00
   Dividends Paid -8.00 -887.00 694.00 -453.00 83.00 3,093.00 0 0
   Other Financing Activities 0.00 -24,855.00 -2,951.00 247.00 -9,904.00 -7,748.00 208.83 -329.61
Net Change in Cash 8,447.00 -22,108.00 2,358.00 11,814.00 -10,215.00 8,377.00 0 0
   Cash at Beginning of Period 19,601.00 41,700.00 39,342.00 26,419.00 89,002.00 79,231.00 0 0
   Cash at End of Period 28,048.00 19,601.00 41,700.00 38,225.00 78,787.00 87,608.00 0 0
Free Cash Flow 13,382.00 5,124.00 4,619.00 13,582.00 6,318.00 12,612.00 0 0