BWIN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Price to Earnings | -99.38 | ||
| Price to Sales | 1.77 | ||
| Book Value Per Common Share | 9.19 | 9.32 | 10.70 |
| Price to Book | 4.22 | ||
| Price to Operating Cash Flow | 24.08 | ||
| Price to Free Cash Flow | |||
| Enterprise Value to EBITDA | 77624.88 |
| 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 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -235.08 | 267.56 | 212.81 | -711.43 | 591.17 | |||||||||
| Price to Sales | 1.65 | 3.62 | 7.14 | 2.96 | 3.08 | |||||||||
| Book Value Per Common Share | 9.17 | 9.41 | 9.38 | 9.45 | 9.46 | 9.67 | 9.88 | 10.08 | 10.33 | 11.55 | 11.79 | 11.48 | 8.65 | 8.80 |
| Price to Book | 3.08 | 4.55 | 4.76 | 5.27 | 3.75 | |||||||||
| Price to Operating Cash Flow | -48.03 | -35.57 | -46.14 | 36.61 | 26.51 | |||||||||
| Price to Free Cash Flow | ||||||||||||||
| Enterprise Value to EBITDA | 72111.06 | 139268.07 | 254344.81 | 170866.43 | 165290.56 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Earning YoY | |||
| Revenue YoY | 13.99 | ||
| EBITDA YoY | 2570.79 | -84.48 | |
| Net Profit YoY |
| 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 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | -23.81 | -82.86 | -78.57 | 36.59 | -66.67 | |||||||||
| Revenue YoY | 46.12 | 91.63 | 47.06 | 89.35 | -68.79 | |||||||||
| EBITDA YoY | 28.27 | 77.54 | 36.93 | 32.72 | 62.55 | 40.37 | -1.23 | 69.84 | -6.21 | |||||
| Net Profit YoY | -22.70 | -81.37 | 22.06 | -78.68 | 37.79 | -66.76 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Cash Per Common Share | 4.93 | 3.68 | 4.06 |
| Quick Ratio | 0.96 | 0.82 | 1.09 |
| Current Ratio | 0.97 | 0.90 | 1.10 |
| Debt to Equity | 0.56 | 0.65 | 0.60 |
| Long-Term Debt to Equity | 0.32 | 0.41 | 0.43 |
| 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 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 1.39 | 1.58 | 1.24 | 5.47 | 5.76 | 3.79 | 3.25 | 3.58 | 3.18 | 4.45 | 5.07 | 4.38 | 6.22 | 2.78 |
| Quick Ratio | 0.53 | 0.59 | 0.52 | 0.97 | 0.97 | 0.89 | 0.99 | 0.98 | 0.99 | 1.22 | 1.25 | 1.17 | 1.37 | 1.32 |
| Current Ratio | 1.15 | 1.23 | 1.13 | 0.98 | 0.98 | 0.90 | 1.00 | 0.99 | 1.01 | 1.24 | 1.27 | 1.20 | 1.39 | 1.34 |
| Debt to Equity | 0.53 | 0.56 | 0.54 | 0.55 | 0.56 | 0.53 | 0.52 | 0.52 | 0.51 | 0.47 | 0.46 | 0.41 | 0.37 | 0.42 |
| Long-Term Debt to Equity | 0.34 | 0.35 | 0.34 | 0.32 | 0.31 | 0.30 | 0.34 | 0.34 | 0.34 | 0.35 | 0.34 | 0.28 | 0.23 | 0.31 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| ROA | -0.35 | -1.29 | -0.60 |
| ROE | -0.54 | -2.12 | -0.96 |
| Gross Margin | |||
| Operating Margin | 14.97 | -7.10 | |
| EBITDA Margin | 22.81 | 0.97 | |
| Net Profit Margin | -1.77 | -7.40 |
| 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 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -0.10 | 0.14 | 0.20 | -0.06 | 0.05 | 0.31 | -0.81 | -0.55 | -0.20 | 0.10 | 0.46 | 0.39 | 0.14 | 0.46 |
| ROE | -0.16 | 0.22 | 0.30 | -0.10 | 0.09 | 0.47 | -1.24 | -0.83 | -0.31 | 0.14 | 0.67 | 0.55 | 0.19 | 0.66 |
| Gross Margin | ||||||||||||||
| Operating Margin | 14.27 | 18.05 | 20.52 | 8.51 | 10.17 | 18.75 | ||||||||
| EBITDA Margin | 22.84 | 26.02 | 28.08 | 17.34 | 18.62 | 26.56 | ||||||||
| Net Profit Margin | -0.69 | 1.36 | 3.37 | -0.41 | 0.56 | 5.67 |
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 | 2021-06-30 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 7,071,062.00 | 7,007,236.00 | 6,939,914.00 | 5,759,547.00 | 3,060,426.00 |
| Current Assets | 1,026,490.00 | 925,905.00 | 772,399.00 | 578,968.00 | 302,535.00 |
| Cash and Short-Term Investments | 312,769.00 | 221,033.00 | 230,471.00 | 228,040.00 | 142,308.00 |
| Cash and Cash Equivalents | 312,769.00 | 221,033.00 | 230,471.00 | 228,040.00 | 142,308.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 702,096.00 | 627,791.00 | 531,992.00 | 341,109.00 | 155,761.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 11,625.00 | 77,081.00 | 9,936.00 | 9,819.00 | 4,466.00 |
| Non-Current Assets | 6,044,572.00 | 6,081,331.00 | 6,167,515.00 | 5,180,579.00 | 2,757,891.00 |
| Property, Plant, Equipment Net | 105,339.00 | 122,486.00 | 138,570.00 | 99,135.00 | 11,061.00 |
| Goodwill | 1,412,369.00 | 1,412,369.00 | 1,422,060.00 | 1,228,741.00 | 651,502.00 |
| Intangible Assets | 953,492.00 | 1,017,343.00 | 1,099,918.00 | 944,467.00 | 554,320.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3,573,372.00 | 3,529,133.00 | 3,506,967.00 | 2,908,236.00 | 1,541,008.00 |
| Liabilities | 2,526,034.00 | 2,759,722.00 | 2,589,179.00 | 1,947,385.00 | 924,829.00 |
| Current Liabilities | 1,056,434.00 | 1,033,440.00 | 699,206.00 | 540,689.00 | 217,420.00 |
| Payables and Expenses | 160,631.00 | 152,954.00 | 125,743.00 | 92,227.00 | 47,510.00 |
| Account Payables | 0 | 0 | 0 | 0 | 1,049.00 |
| Current Accrued Liabilities | 73,126.00 | 64,304.00 | 53,927.00 | 41,874.00 | 24,294.00 |
| Short-Term Debt | 5,635.00 | 1,525.00 | 14,043.00 | 12,520.00 | 4,000.00 |
| Other Current Liabilities | 890,168.00 | 878,961.00 | 559,420.00 | 435,942.00 | 165,910.00 |
| Non-Current Liabilities | 1,469,600.00 | 1,726,282.00 | 1,889,973.00 | 1,406,696.00 | 707,409.00 |
| Long-Term Debt | 1,466,829.00 | 1,388,182.00 | 1,402,554.00 | 920,971.00 | 381,382.00 |
| Other Non-Current Liabilities | 2,771.00 | 338,100.00 | 487,419.00 | 485,725.00 | 326,027.00 |
| Equity | 4,545,028.00 | 4,247,514.00 | 4,350,735.00 | 3,812,162.00 | 2,135,597.00 |
| Shareholders Equity | 583,216.00 | 560,412.00 | 608,104.00 | 608,383.00 | 367,783.00 |
| Capital Stock | 685.00 | 646.00 | 619.00 | 592.00 | 455.00 |
| Share Premium | 793,954.00 | 746,671.00 | 704,291.00 | 663,002.00 | 392,139.00 |
| Retained Earnings | -211,423.00 | -186,905.00 | -96,764.00 | -54,992.00 | -24,346.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 425,128.00 | 458,076.00 | 531,448.00 | 578,904.00 | 402,087.00 |
| Debt | 1,472,464.00 | 1,389,707.00 | 1,402,554.00 | 920,971.00 | 385,382.00 |
| Net Debt | 1,159,695.00 | 1,168,674.00 | 1,172,083.00 | 692,931.00 | 243,074.00 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 1,389,037.00 | 1,218,555.00 | 0 | 0 | 0 |
| Operating Expenses | 138,937.00 | 0 | 62,196.00 | 63,252.00 | 43,876.00 |
| Selling, General and Administrative Expenses | 65,500.00 | 56,200.00 | 47,400.00 | 19,200.00 | 7,600.00 |
| Other Operating Expenses | 73,437.00 | 0 | 14,796.00 | 44,052.00 | 36,276.00 |
| Operating Income | 60,648.00 | -85,102.00 | -62,196.00 | -63,252.00 | -43,876.00 |
| Net Non-Operating Income | -99,998.00 | -240,366.00 | -89,870.00 | -52,950.00 | -15,904.00 |
| Interest Expense | 247,288.00 | 238,930.00 | 142,144.00 | 53,798.00 | 15,714.00 |
| Net Interest | -247,288.00 | -238,930.00 | -142,144.00 | -53,798.00 | -15,714.00 |
| EBT | -39,350.00 | -325,468.00 | -152,066.00 | -116,202.00 | -59,780.00 |
| Income Tax | 1,731.00 | 1,285.00 | 715.00 | 19.00 | 10.00 |
| Net Income Including Non-Controlling Interests | -7,955.00 | -16,263.00 | -6,796.00 | -3,172.00 | -1,507.00 |
| Net Income Non-Controlling Interests | -16,563.00 | -73,878.00 | -34,976.00 | -27,474.00 | -14,189.00 |
| Net Income | -24,518.00 | -90,141.00 | -41,772.00 | -30,646.00 | -15,696.00 |
| EBIT | 207,938.00 | -86,538.00 | -9,922.00 | -62,404.00 | -44,066.00 |
| Deprecation and Amortization | 108,924.00 | 98,402.00 | 86,358.00 | 51,508.00 | 20,167.00 |
| EBITDA | 316,862.00 | 11,864.00 | 76,436.00 | -10,896.00 | -23,899.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 63,455.15 | 60,134.78 | 56,825.35 | 0 | 0 |
| Average Shares Outstanding Diluted | 63,455.15 | 60,134.78 | 56,825.35 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 102,151.00 | 44,644.00 | -2,462.00 | 40,129.00 | 36,817.00 |
| Operating Net Income | -82,162.00 | -328,038.00 | -153,496.00 | -115,640.00 | -59,052.00 |
| Deprecation and Amortization | 108,924.00 | 98,402.00 | 86,358.00 | 51,508.00 | 20,167.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 65,503.00 | 60,008.00 | 47,389.00 | 19,193.00 | 7,744.00 |
| Change in Working Capital | 74,997.00 | 134,340.00 | 197,324.00 | 147,097.00 | 28,959.00 |
| Other Operating Activities | -65,111.00 | 79,932.00 | -180,037.00 | -62,029.00 | 38,999.00 |
| Investing Cash Flow | 13,299.00 | -21,922.00 | -414,357.00 | -678,473.00 | -677,809.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 41,049.00 | 24,635.00 | 21,979.00 | 5,321.00 | 5,469.00 |
| Net Purchase/Sale of Investments Net | 5,361.00 | 1,687.00 | 1,103.00 | 1,907.00 | 1,250.00 |
| Net Purchase/Sale of Business | 56,977.00 | 0 | 387,919.00 | 668,033.00 | 669,236.00 |
| Other Investing Activities | -90,088.00 | -48,244.00 | -825,358.00 | -1,353,734.00 | -1,353,764.00 |
| Financing Cash Flow | -29,644.00 | -26,230.00 | 419,553.00 | 724,059.00 | 711,943.00 |
| Net Issuance/Repayment of Debt | 553,000.00 | 386,000.00 | 554,000.00 | 805,420.00 | 710,637.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 269,375.00 | 451,574.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -582,644.00 | -412,230.00 | -134,447.00 | -350,736.00 | -450,268.00 |
| Net Change in Cash | 85,806.00 | -3,508.00 | 2,734.00 | 85,715.00 | 70,951.00 |
| Cash at Beginning of Period | 226,963.00 | 230,471.00 | 227,737.00 | 142,022.00 | 71,071.00 |
| Cash at End of Period | 312,769.00 | 226,963.00 | 230,471.00 | 227,737.00 | 142,022.00 |
| 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 | 7,712,392.00 | 7,479,570.00 | 7,098,814.00 | 7,071,062.00 | 7,079,580.00 | 7,361,570.00 | 7,021,986.00 | 7,007,236.00 | 6,847,796.00 | 6,931,062.00 | 6,897,846.00 | 6,939,914.00 | 6,825,387.00 | 6,821,839.00 | 5,884,611.00 | 5,759,547.00 | 4,467,226.00 | 3,473,554.00 | 3,155,364.00 | 3,060,426.00 |
| Current Assets | 1,112,199.00 | 1,239,709.00 | 1,055,820.00 | 1,026,490.00 | 1,014,281.00 | 1,137,054.00 | 951,118.00 | 925,905.00 | 802,123.00 | 818,408.00 | 780,475.00 | 772,399.00 | 711,486.00 | 727,062.00 | 635,729.00 | 578,968.00 | 661,406.00 | 491,710.00 | 335,032.00 | 302,535.00 |
| Cash and Short-Term Investments | 94,040.00 | 105,695.00 | 81,781.00 | 312,769.00 | 344,716.00 | 360,176.00 | 234,317.00 | 221,033.00 | 194,394.00 | 212,896.00 | 186,819.00 | 230,471.00 | 250,856.00 | 284,126.00 | 244,058.00 | 228,040.00 | 421,969.00 | 276,440.00 | 122,935.00 | 142,308.00 |
| Cash and Cash Equivalents | 94,040.00 | 105,695.00 | 81,781.00 | 312,769.00 | 344,716.00 | 360,176.00 | 234,317.00 | 221,033.00 | 194,394.00 | 212,896.00 | 186,819.00 | 230,471.00 | 250,856.00 | 284,126.00 | 244,058.00 | 228,040.00 | 421,969.00 | 276,440.00 | 122,935.00 | 142,308.00 |
| 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 | 416,083.00 | 491,423.00 | 408,000.00 | 702,096.00 | 656,111.00 | 762,828.00 | 701,892.00 | 627,791.00 | 595,359.00 | 593,858.00 | 580,343.00 | 531,992.00 | 446,468.00 | 427,688.00 | 375,688.00 | 341,109.00 | 233,594.00 | 210,114.00 | 207,454.00 | 155,761.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 602,076.00 | 642,591.00 | 566,039.00 | 11,625.00 | 13,454.00 | 14,050.00 | 14,909.00 | 77,081.00 | 12,370.00 | 11,654.00 | 13,313.00 | 9,936.00 | 14,162.00 | 15,248.00 | 15,983.00 | 9,819.00 | 5,843.00 | 5,156.00 | 4,643.00 | 4,466.00 |
| Non-Current Assets | 6,600,193.00 | 6,239,861.00 | 6,042,994.00 | 6,044,572.00 | 6,065,299.00 | 6,224,516.00 | 6,070,868.00 | 6,081,331.00 | 6,045,673.00 | 6,112,654.00 | 6,117,371.00 | 6,167,515.00 | 6,113,901.00 | 6,094,777.00 | 5,248,882.00 | 5,180,579.00 | 3,805,820.00 | 2,981,844.00 | 2,820,332.00 | 2,757,891.00 |
| Property, Plant, Equipment Net | 94,188.00 | 99,636.00 | 106,289.00 | 105,339.00 | 107,923.00 | 114,096.00 | 119,955.00 | 122,486.00 | 128,164.00 | 133,323.00 | 136,686.00 | 138,570.00 | 138,360.00 | 125,242.00 | 101,308.00 | 99,135.00 | 13,810.00 | 11,596.00 | 11,617.00 | 11,061.00 |
| Goodwill | 3,083,810.00 | 1,420,583.00 | 1,412,369.00 | 1,412,369.00 | 1,412,369.00 | 1,412,369.00 | 1,412,369.00 | 1,412,369.00 | 1,421,849.00 | 1,421,849.00 | 1,422,060.00 | 1,422,060.00 | 1,420,929.00 | 1,415,281.00 | 1,232,399.00 | 1,228,741.00 | 885,321.00 | 671,826.00 | 669,126.00 | 651,502.00 |
| Intangible Assets | 1,084,659.00 | 925,549.00 | 937,612.00 | 953,492.00 | 968,811.00 | 985,425.00 | 1,000,274.00 | 1,017,343.00 | 1,044,824.00 | 1,062,969.00 | 1,081,074.00 | 1,099,918.00 | 1,118,129.00 | 1,125,388.00 | 927,605.00 | 944,467.00 | 652,723.00 | 547,227.00 | 547,751.00 | 554,320.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 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 | 2,337,536.00 | 3,794,093.00 | 3,586,724.00 | 3,573,372.00 | 3,576,196.00 | 3,712,626.00 | 3,538,270.00 | 3,529,133.00 | 3,450,836.00 | 3,494,513.00 | 3,477,551.00 | 3,506,967.00 | 3,436,483.00 | 3,428,866.00 | 2,987,570.00 | 2,908,236.00 | 2,253,966.00 | 1,751,195.00 | 1,591,838.00 | 1,541,008.00 |
| Liabilities | 2,670,931.00 | 2,688,816.00 | 2,500,612.00 | 2,526,034.00 | 2,502,731.00 | 2,636,940.00 | 2,439,420.00 | 2,759,722.00 | 2,349,818.00 | 2,368,169.00 | 2,321,862.00 | 2,589,179.00 | 2,188,408.00 | 2,150,856.00 | 1,703,131.00 | 1,947,385.00 | 1,121,470.00 | 944,125.00 | 937,246.00 | 924,829.00 |
| Current Liabilities | 965,060.00 | 1,007,489.00 | 933,420.00 | 1,056,434.00 | 1,031,554.00 | 1,156,102.00 | 1,052,969.00 | 1,033,440.00 | 798,499.00 | 827,294.00 | 772,820.00 | 699,206.00 | 573,303.00 | 570,300.00 | 531,284.00 | 540,689.00 | 383,764.00 | 354,809.00 | 250,337.00 | 217,420.00 |
| Payables and Expenses | 226,936.00 | 158,348.00 | 157,245.00 | 160,631.00 | 164,302.00 | 132,298.00 | 132,234.00 | 152,954.00 | 131,418.00 | 110,106.00 | 108,641.00 | 125,743.00 | 114,199.00 | 104,341.00 | 87,322.00 | 92,227.00 | 62,307.00 | 49,663.00 | 41,436.00 | 47,510.00 |
| Account Payables | 19,471.00 | 10,089.00 | 20,965.00 | 0 | 16,182.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,049.00 |
| Current Accrued Liabilities | 68,758.00 | 71,963.00 | 87,463.00 | 73,126.00 | 71,179.00 | 73,714.00 | 85,687.00 | 64,304.00 | 65,855.00 | 64,548.00 | 62,954.00 | 53,927.00 | 60,834.00 | 56,184.00 | 52,319.00 | 41,874.00 | 35,544.00 | 32,443.00 | 33,737.00 | 24,294.00 |
| Short-Term Debt | 0 | 0 | 0 | 5,635.00 | 5,635.00 | 5,635.00 | 5,691.00 | 1,525.00 | 1,525.00 | 1,525.00 | 14,527.00 | 14,043.00 | 13,447.00 | 12,843.00 | 13,239.00 | 12,520.00 | 5,000.00 | 5,000.00 | 4,000.00 | 4,000.00 |
| Other Current Liabilities | 738,124.00 | 849,141.00 | 776,175.00 | 890,168.00 | 861,617.00 | 1,018,169.00 | 915,044.00 | 878,961.00 | 665,556.00 | 715,663.00 | 649,652.00 | 559,420.00 | 445,657.00 | 453,116.00 | 430,723.00 | 435,942.00 | 316,457.00 | 300,146.00 | 204,901.00 | 165,910.00 |
| Non-Current Liabilities | 1,705,871.00 | 1,681,327.00 | 1,567,192.00 | 1,469,600.00 | 1,471,177.00 | 1,480,838.00 | 1,386,451.00 | 1,726,282.00 | 1,551,319.00 | 1,540,875.00 | 1,549,042.00 | 1,889,973.00 | 1,615,105.00 | 1,580,556.00 | 1,171,847.00 | 1,406,696.00 | 737,706.00 | 589,316.00 | 686,909.00 | 707,409.00 |
| Long-Term Debt | 1,628,480.00 | 1,559,094.00 | 1,564,070.00 | 1,466,829.00 | 1,468,245.00 | 1,474,042.00 | 1,378,792.00 | 1,388,182.00 | 1,375,221.00 | 1,362,250.00 | 1,380,504.00 | 1,402,554.00 | 1,426,722.00 | 1,414,079.00 | 960,794.00 | 920,971.00 | 597,341.00 | 497,985.00 | 380,826.00 | 381,382.00 |
| Other Non-Current Liabilities | 77,391.00 | 122,233.00 | 3,122.00 | 2,771.00 | 2,932.00 | 6,796.00 | 7,659.00 | 338,100.00 | 176,098.00 | 178,625.00 | 168,538.00 | 487,419.00 | 188,383.00 | 166,477.00 | 211,053.00 | 485,725.00 | 140,365.00 | 91,331.00 | 306,083.00 | 326,027.00 |
| Equity | 5,041,461.00 | 4,790,754.00 | 4,598,202.00 | 4,545,028.00 | 4,576,849.00 | 4,724,630.00 | 4,582,566.00 | 4,247,514.00 | 4,497,978.00 | 4,562,893.00 | 4,575,984.00 | 4,350,735.00 | 4,636,979.00 | 4,670,983.00 | 4,181,480.00 | 3,812,162.00 | 3,345,756.00 | 2,529,429.00 | 2,218,118.00 | 2,135,597.00 |
| Shareholders Equity | 619,687.00 | 630,805.00 | 619,638.00 | 583,216.00 | 595,350.00 | 590,895.00 | 597,939.00 | 560,412.00 | 590,778.00 | 598,522.00 | 606,359.00 | 608,104.00 | 651,695.00 | 660,326.00 | 639,439.00 | 608,383.00 | 576,275.00 | 384,701.00 | 389,268.00 | 367,783.00 |
| Capital Stock | 719.00 | 718.00 | 704.00 | 685.00 | 680.00 | 670.00 | 657.00 | 646.00 | 647.00 | 642.00 | 631.00 | 619.00 | 617.00 | 607.00 | 594.00 | 592.00 | 569.00 | 471.00 | 465.00 | 455.00 |
| Share Premium | 837,293.00 | 830,735.00 | 816,418.00 | 793,954.00 | 785,931.00 | 773,109.00 | 762,609.00 | 746,671.00 | 742,553.00 | 732,673.00 | 716,645.00 | 704,291.00 | 699,415.00 | 683,331.00 | 671,143.00 | 663,002.00 | 608,291.00 | 404,025.00 | 398,885.00 | 392,139.00 |
| Retained Earnings | -219,375.00 | -200,648.00 | -197,484.00 | -211,423.00 | -191,261.00 | -182,884.00 | -165,327.00 | -186,905.00 | -152,422.00 | -134,793.00 | -110,896.00 | -96,764.00 | -48,274.00 | -23,481.00 | -32,123.00 | -54,992.00 | -32,322.00 | -19,489.00 | -9,733.00 | -24,346.00 |
| 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 | 1,050.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 507,993.00 | 419,119.00 | 428,386.00 | 425,128.00 | 440,884.00 | 452,364.00 | 473,379.00 | 458,076.00 | 482,769.00 | 498,245.00 | 520,214.00 | 531,448.00 | 571,945.00 | 599,209.00 | 599,308.00 | 578,904.00 | 535,217.00 | 407,473.00 | 416,253.00 | 402,087.00 |
| Debt | 1,628,480.00 | 1,559,094.00 | 1,564,070.00 | 1,472,464.00 | 1,473,880.00 | 1,479,677.00 | 1,384,483.00 | 1,389,707.00 | 1,376,746.00 | 1,363,775.00 | 1,380,504.00 | 1,402,554.00 | 1,426,722.00 | 1,414,079.00 | 960,794.00 | 920,971.00 | 602,341.00 | 502,985.00 | 384,826.00 | 385,382.00 |
| Net Debt | 1,534,440.00 | 1,453,399.00 | 1,482,289.00 | 1,159,695.00 | 1,129,164.00 | 1,119,501.00 | 1,150,166.00 | 1,168,674.00 | 1,182,352.00 | 1,150,879.00 | 1,193,685.00 | 1,172,083.00 | 1,175,866.00 | 1,129,953.00 | 716,736.00 | 692,931.00 | 180,372.00 | 226,545.00 | 261,891.00 | 243,074.00 |
| Common Shares Outstanding | 0 | 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 | 1,157,605.00 | 792,216.00 | 413,405.00 | -770,682.00 | 1,059,145.00 | 720,207.00 | 380,367.00 | 1,218,555.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 127,278.00 | 84,825.00 | 43,671.00 | 138,937.00 | 0 | 0 | 0 | 0 | 12,826.00 | 12,912.00 | 0 | 62,196.00 | 0 | 0 | 0 | 63,252.00 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 51,800.00 | 29,800.00 | 13,835.00 | -24,200.00 | 46,800.00 | 28,800.00 | 14,100.00 | -35,700.00 | 46,600.00 | 32,000.00 | 13,300.00 | -4,000.00 | 26,100.00 | 17,700.00 | 7,600.00 | -800.00 | 11,900.00 | 8,100.00 | 0 |
| Other Operating Expenses | 75,478.00 | 55,025.00 | 29,836.00 | 73,437.00 | 0 | 0 | 0 | 0 | -33,774.00 | -19,088.00 | 0 | 14,796.00 | 0 | 0 | 0 | 44,052.00 | 0 | 0 | 0 |
| Operating Income | 87,173.00 | 83,957.00 | 56,017.00 | -90,448.00 | 66,122.00 | 50,716.00 | 34,258.00 | -62,983.00 | -12,826.00 | -12,912.00 | 3,619.00 | -202,433.00 | 35,322.00 | 65,177.00 | 39,738.00 | -128,821.00 | 6,254.00 | 23,058.00 | 36,257.00 |
| Net Non-Operating Income | -106,872.00 | -63,515.00 | -31,119.00 | 5,038.00 | -70,213.00 | -40,332.00 | 5,509.00 | -67,316.00 | -87,793.00 | -55,862.00 | -29,395.00 | -70,629.00 | -20,597.00 | -3,745.00 | 5,101.00 | -14,793.00 | -19,966.00 | -12,548.00 | -5,643.00 |
| Interest Expense | 184,856.00 | 122,592.00 | 59,952.00 | 58,666.00 | 94,203.00 | 62,874.00 | 31,545.00 | 66,426.00 | 87,600.00 | 57,020.00 | 27,884.00 | 61,064.00 | 45,748.00 | 24,982.00 | 10,350.00 | 18,233.00 | 18,431.00 | 11,491.00 | 5,643.00 |
| Net Interest | -184,856.00 | -122,592.00 | -59,952.00 | -58,666.00 | -94,203.00 | -62,874.00 | -31,545.00 | -66,426.00 | -87,600.00 | -57,020.00 | -27,884.00 | -61,064.00 | -45,748.00 | -24,982.00 | -10,350.00 | -18,233.00 | -18,431.00 | -11,491.00 | -5,643.00 |
| EBT | -19,699.00 | 20,442.00 | 24,898.00 | -85,410.00 | -4,091.00 | 10,384.00 | 39,767.00 | -130,299.00 | -100,619.00 | -68,774.00 | -25,776.00 | -273,062.00 | 14,725.00 | 61,432.00 | 44,839.00 | -143,614.00 | -13,712.00 | 10,510.00 | 30,614.00 |
| Income Tax | 685.00 | 685.00 | 0.00 | -3,238.00 | 2,151.00 | 2,151.00 | 667.00 | -440.00 | 904.00 | 743.00 | 78.00 | 715.00 | 0.00 | 0.00 | 0.00 | 19.00 | 0.00 | 0.00 | 0.00 |
| Equity Method Investments Income | 109.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -5,424.00 | 1,793.00 | 2,980.00 | -9,350.00 | -2,470.00 | -191.00 | 4,056.00 | 2,481.00 | -9,793.00 | -6,541.00 | -2,410.00 | -7,996.00 | -1,289.00 | 1,590.00 | 899.00 | 1,252.00 | -2,240.00 | -796.00 | -1,388.00 |
| Net Income Non-Controlling Interests | -2,528.00 | 8,982.00 | 10,959.00 | -36,411.00 | -1,886.00 | 4,212.00 | 17,522.00 | 15,197.00 | -45,865.00 | -31,488.00 | -11,722.00 | -94,874.00 | 8,007.00 | 29,921.00 | 21,970.00 | -43,392.00 | -5,736.00 | 5,653.00 | 16,001.00 |
| Net Income | -7,952.00 | 10,775.00 | 13,939.00 | -45,761.00 | -4,356.00 | 4,021.00 | 21,578.00 | 17,678.00 | -55,658.00 | -38,029.00 | -14,132.00 | -102,870.00 | 6,718.00 | 31,511.00 | 22,869.00 | -42,140.00 | -7,976.00 | 4,857.00 | 14,613.00 |
| EBIT | 165,157.00 | 143,034.00 | 84,850.00 | -26,744.00 | 90,112.00 | 73,258.00 | 71,312.00 | -63,873.00 | -13,019.00 | -11,754.00 | 2,108.00 | -211,998.00 | 60,473.00 | 86,414.00 | 55,189.00 | -125,381.00 | 4,719.00 | 22,001.00 | 36,257.00 |
| Deprecation and Amortization | 99,207.00 | 63,067.00 | 31,240.00 | -75,171.00 | 93,515.00 | 60,848.00 | 29,732.00 | -48,983.00 | 73,755.00 | 49,119.00 | 24,511.00 | -34,238.00 | 63,221.00 | 38,825.00 | 18,550.00 | -17,864.00 | 35,795.00 | 22,446.00 | 11,131.00 |
| EBITDA | 264,364.00 | 206,101.00 | 116,090.00 | -101,915.00 | 183,627.00 | 134,106.00 | 101,044.00 | -112,856.00 | 60,736.00 | 37,365.00 | 26,619.00 | -246,236.00 | 123,694.00 | 125,239.00 | 73,739.00 | -143,245.00 | 40,514.00 | 44,447.00 | 47,388.00 |
| EPS | -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 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 67,571.90 | 67,044.70 | 66,067.14 | 66,472.94 | 63,001.12 | 62,490.38 | 61,856.15 | 62,629.54 | 59,791.43 | 59,406.33 | 58,711.80 | 59,154.83 | 56,430.10 | 55,996.67 | 55,719.80 | 29,573.11 | 0 | 44,464.31 | 44,255.01 |
| Average Shares Outstanding Diluted | 67,571.90 | 70,392.55 | 69,327.69 | 59,315.71 | 63,001.12 | 66,189.51 | 65,314.25 | 62,629.54 | 59,791.43 | 59,406.33 | 58,711.80 | 49,336.03 | 59,895.37 | 59,354.17 | 58,715.82 | 30,647.85 | 0 | 46,160.47 | 45,783.09 |
| 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 | -39,687.00 | -80,704.00 | -63,983.00 | -70,051.00 | 85,708.00 | 83,600.00 | 2,894.00 | 448.00 | 22,799.00 | 35,428.00 | -14,031.00 | 22,265.00 | -16,653.00 | -4,641.00 | -3,433.00 | -39,618.00 | 27,041.00 | 49,419.00 | 3,287.00 |
| Operating Net Income | -20,960.00 | 19,757.00 | 24,898.00 | -117,011.00 | -12,484.00 | 8,233.00 | 39,100.00 | 65,750.00 | -203,046.00 | -139,034.00 | -51,708.00 | -274,492.00 | 14,725.00 | 61,432.00 | 44,839.00 | -129,340.00 | -27,424.00 | 10,510.00 | 30,614.00 |
| Deprecation and Amortization | 99,207.00 | 63,067.00 | 31,240.00 | -75,171.00 | 93,515.00 | 60,848.00 | 29,732.00 | -48,983.00 | 73,755.00 | 49,119.00 | 24,511.00 | -34,238.00 | 63,221.00 | 38,825.00 | 18,550.00 | -17,864.00 | 35,795.00 | 22,446.00 | 11,131.00 |
| 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 | 51,772.00 | 29,755.00 | 12,803.00 | -24,170.00 | 46,764.00 | 28,815.00 | 14,094.00 | -31,949.00 | 46,637.00 | 32,039.00 | 13,281.00 | -3,917.00 | 26,065.00 | 17,677.00 | 7,564.00 | -4,357.00 | 11,921.00 | 8,087.00 | 3,542.00 |
| Change in Working Capital | -9,036.00 | -22,064.00 | 12,520.00 | -164,162.00 | 32,187.00 | 165,604.00 | 41,368.00 | 40,744.00 | 34,925.00 | 54,366.00 | 4,305.00 | 12,183.00 | 94,445.00 | 79,177.00 | 11,519.00 | 48,774.00 | 36,476.00 | 51,575.00 | 10,272.00 |
| Other Operating Activities | -160,670.00 | -171,219.00 | -145,444.00 | 310,463.00 | -74,274.00 | -179,900.00 | -121,400.00 | -25,114.00 | 70,528.00 | 38,938.00 | -4,420.00 | 322,729.00 | -215,109.00 | -201,752.00 | -85,905.00 | 63,169.00 | -29,727.00 | -43,199.00 | -52,272.00 |
| Investing Cash Flow | -129,577.00 | -46,201.00 | -8,612.00 | -92,525.00 | 25,609.00 | 35,602.00 | 44,613.00 | 10,719.00 | -16,948.00 | -10,594.00 | -5,099.00 | 386,136.00 | -407,466.00 | -389,895.00 | -3,132.00 | -408,927.00 | -223,581.00 | -27,607.00 | -18,358.00 |
| 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 | 29,174.00 | 20,310.00 | 8,933.00 | -14,698.00 | 28,897.00 | 18,704.00 | 8,146.00 | -1,645.00 | 14,157.00 | 8,624.00 | 3,499.00 | -3,779.00 | 15,400.00 | 8,565.00 | 1,793.00 | -623.00 | 3,188.00 | 1,756.00 | 1,000.00 |
| Net Purchase/Sale of Investments Net | 16,333.00 | 15,633.00 | 620.00 | -9,372.00 | 5,203.00 | 4,841.00 | 4,689.00 | 555.00 | 673.00 | 359.00 | 100.00 | -1,002.00 | 791.00 | 675.00 | 639.00 | 1,907.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 87,412.00 | 13,600.00 | 1,401.00 | -110,863.00 | 56,977.00 | 56,415.00 | 54,448.00 | 0 | 0 | 0 | 0 | -377,299.00 | 387,919.00 | 377,299.00 | 0 | 407,581.00 | 218,818.00 | 24,276.00 | 17,358.00 |
| Other Investing Activities | -262,496.00 | -95,744.00 | -19,566.00 | 42,408.00 | -65,468.00 | -44,358.00 | -22,670.00 | 11,809.00 | -31,778.00 | -19,577.00 | -8,698.00 | 768,216.00 | -811,576.00 | -776,434.00 | -5,564.00 | -817,792.00 | -445,587.00 | -53,639.00 | -36,716.00 |
| Financing Cash Flow | 182,439.00 | 197,838.00 | 58,887.00 | -9,938.00 | 6,436.00 | 14,011.00 | -40,153.00 | 82,629.00 | -41,928.00 | -42,409.00 | -24,522.00 | -500,912.00 | 446,999.00 | 450,730.00 | 22,736.00 | 140,358.00 | 475,955.00 | 112,150.00 | -4,404.00 |
| Net Issuance/Repayment of Debt | 362,000.00 | 130,000.00 | 9,000.00 | -656,000.00 | 531,000.00 | 531,000.00 | 147,000.00 | -252,381.00 | 357,000.00 | 159,254.00 | 122,127.00 | -524,381.00 | 532,000.00 | 504,254.00 | 42,127.00 | 465,342.00 | 220,164.00 | 118,914.00 | 1,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.00 | 269,376.00 | 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 | -179,561.00 | 67,838.00 | 49,887.00 | 646,062.00 | -524,564.00 | -516,989.00 | -187,153.00 | 335,010.00 | -398,928.00 | -201,663.00 | -146,649.00 | 23,469.00 | -85,001.00 | -53,524.00 | -19,391.00 | -324,983.00 | -13,585.00 | -6,764.00 | -5,404.00 |
| Net Change in Cash | 13,175.00 | 70,933.00 | -13,708.00 | -172,514.00 | 117,753.00 | 133,213.00 | 7,354.00 | 93,796.00 | -36,077.00 | -17,575.00 | -43,652.00 | -92,511.00 | 22,880.00 | 56,194.00 | 16,171.00 | -308,187.00 | 279,415.00 | 133,962.00 | -19,475.00 |
| Cash at Beginning of Period | 312,769.00 | 312,769.00 | 312,769.00 | 485,283.00 | 226,963.00 | 226,963.00 | 226,963.00 | 133,167.00 | 230,471.00 | 230,471.00 | 230,471.00 | 322,982.00 | 227,737.00 | 227,737.00 | 227,737.00 | 535,924.00 | 142,022.00 | 142,022.00 | 142,022.00 |
| Cash at End of Period | 325,944.00 | 383,702.00 | 299,061.00 | 312,769.00 | 344,716.00 | 360,176.00 | 234,317.00 | 226,963.00 | 194,394.00 | 212,896.00 | 186,819.00 | 230,471.00 | 250,617.00 | 283,931.00 | 243,908.00 | 227,737.00 | 421,437.00 | 275,984.00 | 122,547.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |