Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings 15.65 9.65
Price to Sales 260.51 182.26
Book Value Per Common Share 55.09 52.40
Price to Book 0.31 0.27
Price to Operating Cash Flow 8.69 7.73
Price to Free Cash Flow
Enterprise Value to EBITDA 56543.84 49735.83
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
Price to Earnings 18.11 30.46 72.67 16.87 22.90 43.04 8.33 19.15 55.95
Price to Sales 293.62 461.52 984.52 339.60 382.96 688.67 211.32 371.13 1008.58
Book Value Per Common Share 19.95 19.19 18.70 55.09 17.92 18.04 17.74 52.40 34.20 27.98 26.97
Price to Book 0.81 0.79 0.82 0.31 0.86 0.66 0.58 0.27 0.29 0.64 0.87
Price to Operating Cash Flow 9.86 21.99 36.45 14.81 22.35 25.73 9.80 2.19 48.37
Price to Free Cash Flow
Enterprise Value to EBITDA 71831.30 116864.26 258451.67 79680.81 94404.98 174758.53 52480.94 97623.47 285043.67

Earnings Data

Breakdown 2024-12-31 2023-12-31
Earning YoY -25.17
Revenue YoY -2.49
EBITDA YoY -0.04
Net Profit YoY -14.47
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
Earning YoY 78.00 138.10 75.00 116.67 28.72 123.81
Revenue YoY 53.67 107.93 49.44 107.02 50.83 108.09
EBITDA YoY 59.14 114.98 56.91 113.65 59.49 123.80
Net Profit YoY 75.20 136.30 63.59 132.05 52.52 125.17

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 16.02 20.76
Quick Ratio
Current Ratio
Debt to Equity 1.92 1.82
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
Cash Per Common Share 6.66 5.46 6.68 16.07 8.04 7.96 6.93 16.98 10.06 14.84 8.70
Quick Ratio
Current Ratio
Debt to Equity 3.78 3.59 3.65 1.92 3.26 3.37 3.42 1.82 3.77 7.81 7.52
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31
ROA 1.03 1.22
ROE 3.00 3.44
Gross Margin 71.25 93.78
Operating Margin 4566.57 4372.24
EBITDA Margin 4591.64 4479.28
Net Profit Margin 1660.48 1893.23
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
ROA 0.96 0.55 0.23 1.09 0.67 0.29 1.15 0.76 0.36
ROE 4.57 2.51 1.06 4.66 2.91 1.28 5.48 6.71 3.09
Gross Margin -2.86 -39.30 -81.10 -52.36 74.01 89.47 11.60 59.17 98.84
Operating Margin 4070.80 3807.33 3619.51 4187.90 3973.73 3883.63 3909.76 3696.67 3348.55
EBITDA Margin 4083.97 3943.40 3814.02 4261.25 4058.19 3932.16 4023.57 3805.28 3538.15
Net Profit Margin 1658.40 1454.55 1279.88 1847.07 1687.29 1505.26 1970.17 1948.33 1800.58

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 1,141,013.00 1,121,646.00
   Deposits 651,491.00 634,120.00
      Cash and Short-Term Investments 171,101.00 193,109.00
            Cash and Cash Equivalents 171,101.00 193,109.00
            Short-Term Investments 0 0
      Net Receivables 1,495,745.00 1,433,816.00
      Inventory 0 0
      Other Current Assets 0 0
      Property, Plant, Equipment Net 14,150.00 15,378.00
      Goodwill 20,746.00 20,746.00
      Intangible Assets 831.00 1,012.00
      Long-Term Investments 0 0
      Non-Current Deferred Assets 8,899.00 8,969.00
      Other Non-Current Assets 0 0
Liabilities 750,015.00 723,516.00
      Payables and Expenses 0 0
            Account Payables 0 0
            Current Accrued Liabilities 0 0
      Short-Term Debt 0 0
      Other Current Liabilities 0 0
      Long-Term Debt 0 0
      Other Non-Current Liabilities 0 0
Equity 390,998.00 398,130.00
   Shareholders Equity 586,497.00 596,101.00
      Capital Stock 106.00 114.00
      Share Premium 94,679.00 110,465.00
      Retained Earnings 109,495.00 98,319.00
      Treasury Shares 0 0
      Accumulated Other Comprehensive Income -1,621.00 -1,958.00
   Minority Interest 0 0
Investments 1,060,530.00 1,024,491.00
Debt 34,883.00 37,251.00
Common Shares Outstanding 10,645.28 11,375.80
Breakdown 2024-12-31 2023-12-31
Revenues 706.00 724.00
Cost Of Revenue 203.00 45.00
Interest Income 51,357.00 47,858.00
Interest Expense 11,495.00 11,355.00
Net Interest 35,187.00 34,229.00
Non-Interest Income 2,514.00 3,765.00
Non-Interest Expense 21,965.00 19,638.00
Provisions for Credit Losses -203.00 -45.00
Gross Profit 503.00 679.00
   Selling, General and Administrative Expenses 4,127.00 3,906.00
EBT 20,745.00 20,300.00
Income Tax 4,256.00 4,479.00
Net Income Including Non-Controlling Interests 11,723.00 13,707.00
Net Income Non-Controlling Interests 0.00 0.00
Net Income 11,723.00 13,707.00
EBIT 32,240.00 31,655.00
Deprecation and Amortization 177.00 775.00
EBITDA 32,417.00 32,430.00
EPS 0.00 0.00
Diluted EPS 0.00 0.00
Average Shares Outstanding Basic 10,679.00 9,303.00
Average Shares Outstanding Diluted 10,710.00 9,341.00
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow 21,169.00 17,056.00
   Operating Net Income 11,723.00 13,707.00
   Deprecation and Amortization -177.00 775.00
   Deferred Income Tax -58.00 207.00
   Share Based Compensation 1,911.00 357.00
   Change in Working Capital -2,670.00 1,449.00
   Other Operating Activities 10,440.00 561.00
Investing Cash Flow -32,329.00 -42,501.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 611.00 799.00
   Net Purchase/Sale of Investments Net 30,820.00 12,862.00
   Net Purchase/Sale of Business 0 0
   Other Investing Activities -63,760.00 -56,162.00
Financing Cash Flow -7,606.00 72,340.00
   Net Issuance/Repayment of Debt 181.00 -410.00
   Net Issuance/Repurchase of Equity 17,705.00 189,484.00
   Dividends Paid 0 0
   Other Financing Activities -25,492.00 -116,734.00
Net Change in Cash -18,766.00 46,895.00
   Cash at Beginning of Period 89,266.00 26,847.00
   Cash at End of Period 70,500.00 73,742.00
Free Cash Flow 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
Assets 909,386.00 908,327.00 921,938.00 1,141,013.00 892,709.00 897,162.00 892,545.00 1,121,646.00 931,377.00 920,835.00 857,525.00
   Deposits 663,790.00 658,891.00 657,896.00 651,491.00 634,313.00 640,300.00 639,488.00 634,120.00 646,476.00 670,064.00 666,989.00
      Cash and Short-Term Investments 63,546.00 56,323.00 70,820.00 171,101.00 94,065.00 90,639.00 78,837.00 193,109.00 114,459.00 110,267.00 64,607.00
            Cash and Cash Equivalents 63,546.00 56,323.00 70,820.00 171,101.00 94,065.00 90,639.00 78,837.00 193,109.00 114,459.00 110,267.00 64,607.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,511,587.00 1,524,707.00 1,521,245.00 1,495,745.00 1,405,386.00 1,425,184.00 1,437,631.00 1,433,816.00 1,438,111.00 1,430,056.00 1,384,873.00
      Inventory 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
      Property, Plant, Equipment Net 13,451.00 14,002.00 14,117.00 14,150.00 14,383.00 14,532.00 15,552.00 15,378.00 15,480.00 14,952.00 15,585.00
      Goodwill 14,420.00 14,420.00 14,420.00 20,746.00 14,420.00 14,420.00 14,420.00 20,746.00 14,420.00 14,420.00 14,420.00
      Intangible Assets 696.00 741.00 786.00 831.00 876.00 922.00 967.00 1,012.00 1,057.00 1,102.00 1,149.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 9,267.00 9,309.00 8,989.00 8,899.00 8,442.00 8,810.00 8,699.00 8,969.00 9,045.00 8,888.00 9,219.00
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Liabilities 719,176.00 710,336.00 723,865.00 750,015.00 682,975.00 691,690.00 690,793.00 723,516.00 736,295.00 816,355.00 756,872.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 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
      Short-Term Debt 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
      Long-Term Debt 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
Equity 190,210.00 197,991.00 198,073.00 390,998.00 209,734.00 205,472.00 201,752.00 398,130.00 195,082.00 104,480.00 100,653.00
   Shareholders Equity 190,210.00 197,991.00 198,073.00 586,497.00 209,734.00 205,472.00 201,752.00 596,101.00 389,070.00 207,866.00 200,212.00
      Capital Stock 0 0 0 106.00 0 0 0 114.00 0 0 0
      Share Premium 80,151.00 91,854.00 94,915.00 94,679.00 110,697.00 110,694.00 110,534.00 110,465.00 110,364.00 15,599.00 15,472.00
      Retained Earnings 118,185.00 114,455.00 111,594.00 109,495.00 107,543.00 103,745.00 100,346.00 98,319.00 94,216.00 90,532.00 86,633.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -1,198.00 -1,352.00 -1,427.00 -1,621.00 -1,421.00 -1,837.00 -1,956.00 -1,958.00 -2,524.00 -2,272.00 -2,073.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0
Investments 1,045,469.00 1,058,179.00 1,055,698.00 1,060,530.00 1,030,897.00 1,005,909.00 1,019,610.00 1,024,491.00 1,033,246.00 1,017,031.00 1,011,508.00
Debt 35,000.00 34,961.00 34,922.00 34,883.00 34,845.00 34,806.00 34,767.00 37,251.00 37,198.00 37,145.00 37,092.00
Common Shares Outstanding 9,536.09 10,318.42 10,594.04 10,645.28 11,701.78 11,387.72 11,375.80 11,375.80 11,375.80 7,430.10 7,424.60
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
Revenues 524.00 341.00 164.00 -348.00 529.00 354.00 171.00 -352.00 543.00 360.00 173.00
Cost Of Revenue 539.00 475.00 297.00 -713.00 806.00 92.00 18.00 -584.00 480.00 147.00 2.00
Interest Income 38,612.00 25,452.00 12,624.00 -22,788.00 37,829.00 24,488.00 11,828.00 -18,911.00 34,900.00 21,625.00 10,244.00
Interest Expense 9,525.00 6,348.00 3,238.00 -5,890.00 8,595.00 5,749.00 3,041.00 -550.00 6,628.00 3,789.00 1,488.00
Net Interest 27,149.00 17,799.00 8,643.00 -15,824.00 26,176.00 16,872.00 7,963.00 -15,723.00 25,314.00 16,438.00 8,200.00
Non-Interest Income 1,928.00 1,243.00 530.00 -1,107.00 1,869.00 1,174.00 578.00 -2,280.00 3,060.00 2,178.00 807.00
Non-Interest Expense 17,810.00 11,932.00 6,178.00 -8,070.00 15,292.00 9,820.00 4,923.00 -8,558.00 14,252.00 9,244.00 4,700.00
Provisions for Credit Losses -539.00 475.00 297.00 677.00 -806.00 -92.00 18.00 580.00 -480.00 -147.00 2.00
Gross Profit -15.00 -134.00 -133.00 365.00 -277.00 262.00 153.00 232.00 63.00 213.00 171.00
   Selling, General and Administrative Expenses 3,134.00 2,103.00 1,078.00 -1,902.00 3,132.00 1,965.00 932.00 -1,789.00 2,842.00 1,875.00 978.00
EBT 11,806.00 6,635.00 2,698.00 -4,732.00 13,559.00 8,318.00 3,600.00 -8,126.00 14,602.00 9,519.00 4,305.00
Income Tax 3,116.00 1,675.00 599.00 -2,903.00 3,788.00 2,345.00 1,026.00 -3,120.00 3,904.00 2,505.00 1,190.00
Net Income Including Non-Controlling Interests 8,690.00 4,960.00 2,099.00 -6,595.00 9,771.00 5,973.00 2,574.00 -7,120.00 10,698.00 7,014.00 3,115.00
Net Income Non-Controlling Interests 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income 8,690.00 4,960.00 2,099.00 -6,595.00 9,771.00 5,973.00 2,574.00 -7,120.00 10,698.00 7,014.00 3,115.00
EBIT 21,331.00 12,983.00 5,936.00 -10,622.00 22,154.00 14,067.00 6,641.00 -8,676.00 21,230.00 13,308.00 5,793.00
Deprecation and Amortization 69.00 464.00 319.00 -593.00 388.00 299.00 83.00 -562.00 618.00 391.00 328.00
EBITDA 21,400.00 13,447.00 6,255.00 -11,215.00 22,542.00 14,366.00 6,724.00 -9,238.00 21,848.00 13,699.00 6,121.00
EPS 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
Average Shares Outstanding Basic 0 0 0 10,679.00 0 0 0 9,303.00 0 0 0
Average Shares Outstanding Diluted 9,778.00 9,878.00 9,895.00 10,059.00 10,752.00 11,391.00 10,638.00 37,338.54 10.60 7.43 7.42
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
Operating Cash Flow 15,585.00 7,148.00 4,435.00 -1,596.00 12,130.00 6,068.00 4,567.00 -59,235.00 11,699.00 60,985.00 3,607.00
   Operating Net Income 8,690.00 4,960.00 2,099.00 -6,595.00 9,771.00 5,973.00 2,574.00 -7,120.00 10,698.00 7,014.00 3,115.00
   Deprecation and Amortization 69.00 464.00 319.00 -171.00 -388.00 299.00 83.00 -562.00 618.00 391.00 328.00
   Deferred Income Tax -528.00 -512.00 -164.00 -762.00 323.00 112.00 269.00 -363.00 345.00 225.00 0
   Share Based Compensation 3,483.00 2,437.00 1,217.00 1,489.00 235.00 160.00 27.00 -91.00 256.00 127.00 65.00
   Change in Working Capital 3,131.00 -524.00 726.00 -1,476.00 -858.00 -564.00 228.00 -53,875.00 1,284.00 53,984.00 56.00
   Other Operating Activities 740.00 323.00 238.00 5,919.00 3,047.00 88.00 1,386.00 2,776.00 -1,502.00 -756.00 43.00
Investing Cash Flow -4,274.00 -10,520.00 -10,001.00 -45,726.00 11,327.00 5,353.00 -3,283.00 50,266.00 -40,945.00 -34,515.00 -17,307.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 369.00 356.00 217.00 -908.00 594.00 490.00 435.00 48.00 573.00 129.00 49.00
   Net Purchase/Sale of Investments Net 31,440.00 17,056.00 13,098.00 -18,808.00 25,119.00 12,804.00 11,705.00 -10,825.00 11,281.00 7,103.00 5,303.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -36,083.00 -27,932.00 -23,316.00 -26,010.00 -14,386.00 -7,941.00 -15,423.00 61,043.00 -52,799.00 -41,747.00 -22,659.00
Financing Cash Flow -18,265.00 -10,805.00 5,886.00 -13,759.00 -3,134.00 5,476.00 3,811.00 -27,513.00 75,053.00 15,145.00 9,655.00
   Net Issuance/Repayment of Debt 29,611.00 26,361.00 -590.00 1,070.00 56.00 -727.00 -218.00 -3,679.00 1,118.00 1,751.00 400.00
   Net Issuance/Repurchase of Equity 18,022.00 5,265.00 981.00 17,705.00 0 0 0 94,742.00 94,742.00 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -65,898.00 -42,431.00 5,495.00 -32,534.00 -3,190.00 6,203.00 4,029.00 -118,576.00 -20,807.00 13,394.00 9,255.00
Net Change in Cash -6,954.00 -14,177.00 320.00 -61,081.00 20,323.00 16,897.00 5,095.00 -36,482.00 45,807.00 41,615.00 -4,045.00
   Cash at Beginning of Period 70,500.00 70,500.00 70,500.00 131,581.00 73,742.00 73,742.00 73,742.00 110,224.00 68,652.00 68,652.00 68,652.00
   Cash at End of Period 63,546.00 56,323.00 70,820.00 70,500.00 94,065.00 90,639.00 78,837.00 73,742.00 114,459.00 110,267.00 64,607.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0