BWMX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 0.59 | 0.50 | 0.33 | 0.43 |
| Price to Sales | 0.03 | 0.04 | 0.02 | 0.08 |
| Book Value Per Common Share | 31.20 | 39.24 | 29.37 | 31.77 |
| Price to Book | 0.36 | 0.36 | 0.22 | 0.66 |
| Price to Operating Cash Flow | 0.23 | 0.22 | 0.17 | 0.53 |
| Price to Free Cash Flow | 0.26 | 0.23 | 0.19 | 0.74 |
| Enterprise Value to EBITDA | 1887.70 | 1982.43 | 1082.71 | 2875.24 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 1.60 | 0.99 | 2.80 | 1.85 | -4.20 |
| Price to Sales | 0.15 | 0.09 | 0.12 | 0.11 | 0.14 |
| Book Value Per Common Share | 34.72 | 31.54 | 28.21 | 31.20 | 31.73 |
| Price to Book | 0.39 | 0.27 | 0.40 | 0.36 | 0.40 |
| Price to Operating Cash Flow | 0.88 | 0.56 | -9.89 | 0.81 | -26.04 |
| Price to Free Cash Flow | 0.91 | 0.61 | -7.51 | 0.84 | -7.98 |
| Enterprise Value to EBITDA | 6894.79 | 4168.38 | 8059.46 | 7471.13 | 38596.96 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -32.18 | 42.76 | -59.76 | |
| Revenue YoY | 8.39 | 13.05 | 14.30 | |
| EBITDA YoY | -15.76 | 18.42 | -18.47 | |
| Net Profit YoY | -31.52 | 19.11 | -50.19 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -4.00 | 116.20 | -32.81 | ||
| Revenue YoY | -5.20 | 1.81 | -7.39 | 13.45 | |
| EBITDA YoY | -6.05 | 47.14 | -5.72 | 355.56 | |
| Net Profit YoY | -4.00 | 116.19 | -34.86 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 7.95 | 14.73 | 21.86 | 31.49 |
| Quick Ratio | 0.35 | 0.43 | 0.64 | 0.78 |
| Current Ratio | 0.95 | 1.04 | 1.39 | 1.37 |
| Debt to Equity | 7.99 | 6.58 | 9.33 | 3.32 |
| Long-Term Debt to Equity | 3.89 | 3.96 | 6.48 | 1.28 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 8.94 | 10.50 | 9.22 | 7.95 | 8.49 |
| Quick Ratio | 0.37 | 0.38 | 0.37 | 0.35 | 0.36 |
| Current Ratio | 0.93 | 0.93 | 0.92 | 0.95 | 1.07 |
| Debt to Equity | 6.82 | 7.84 | 9.14 | 7.99 | 8.18 |
| Long-Term Debt to Equity | 3.15 | 3.61 | 4.15 | 3.89 | 4.45 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 6.81 | 9.37 | 7.70 | 33.78 |
| ROE | 61.22 | 71.05 | 79.52 | 145.95 |
| Gross Margin | 67.94 | 67.25 | 65.38 | 55.32 |
| Operating Margin | 12.91 | 17.25 | 16.77 | 26.21 |
| EBITDA Margin | 15.69 | 20.19 | 19.27 | 27.02 |
| Net Profit Margin | 5.05 | 7.99 | 7.58 | 17.40 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 3.11 | 3.15 | 1.42 | 2.22 | -1.04 |
| ROE | 24.32 | 27.88 | 14.41 | 19.99 | -9.52 |
| Gross Margin | 68.47 | 67.14 | 66.18 | 55.84 | 66.87 |
| Operating Margin | 18.76 | 16.21 | 12.17 | 12.12 | 3.58 |
| EBITDA Margin | 21.58 | 21.77 | 15.06 | 14.80 | 3.68 |
| Net Profit Margin | 9.30 | 9.19 | 4.33 | 6.15 | -3.38 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.02 | 0.01 | 0.04 | 0.02 |
| Dividend Payout Ratio | 140.23 | 62.42 | 108.83 | 79.92 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.01 | 0.01 | 0.01 | |
| Dividend Payout Ratio | 63.52 | 137.22 | 164.81 | 107.35 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 10,453,767.00 | 11,093,711.00 | 11,332,733.00 | 5,185,229.00 |
| Current Assets | 4,538,198.00 | 3,990,440.00 | 4,355,126.00 | 3,352,747.00 |
| Cash and Short-Term Investments | 296,558.00 | 549,730.00 | 815,644.00 | 1,175,198.00 |
| Cash and Cash Equivalents | 296,558.00 | 549,730.00 | 815,644.00 | 1,175,198.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 1,352,690.00 | 1,102,021.00 | 1,175,984.00 | 745,617.00 |
| Inventory | 2,505,093.00 | 2,030,533.00 | 2,122,670.00 | 1,286,155.00 |
| Other Current Assets | 383,857.00 | 308,156.00 | 240,828.00 | 145,777.00 |
| Non-Current Assets | 5,915,569.00 | 7,103,271.00 | 6,977,607.00 | 1,832,482.00 |
| Property, Plant, Equipment Net | 2,115,498.00 | 3,271,914.00 | 3,266,939.00 | 1,086,876.00 |
| Goodwill | 1,599,718.00 | 1,599,718.00 | 1,599,718.00 | 371,075.00 |
| Intangible Assets | 1,570,223.00 | 1,649,953.00 | 1,743,882.00 | 369,760.00 |
| Long-Term Investments | 0 | 0 | 1,236.00 | 497.00 |
| Non-Current Deferred Assets | 525,086.00 | 527,929.00 | 319,157.00 | 0 |
| Other Non-Current Assets | 0 | 53,757.00 | 46,675.00 | 4,274.00 |
| Liabilities | 9,291,119.00 | 9,630,872.00 | 10,235,453.00 | 3,985,026.00 |
| Current Liabilities | 4,764,488.00 | 3,832,138.00 | 3,123,224.00 | 2,449,919.00 |
| Payables and Expenses | 2,749,234.00 | 2,347,742.00 | 1,998,665.00 | 2,297,225.00 |
| Account Payables | 2,157,952.00 | 1,790,026.00 | 1,468,637.00 | 1,984,932.00 |
| Current Accrued Liabilities | 380,835.00 | 306,997.00 | 305,588.00 | 159,354.00 |
| Short-Term Debt | 1,266,336.00 | 631,728.00 | 315,818.00 | 34,226.00 |
| Other Current Liabilities | 748,918.00 | 852,668.00 | 808,741.00 | 118,468.00 |
| Non-Current Liabilities | 4,526,631.00 | 5,798,734.00 | 7,112,229.00 | 1,535,107.00 |
| Long-Term Debt | 3,903,202.00 | 4,888,415.00 | 6,124,765.00 | 1,494,039.00 |
| Other Non-Current Liabilities | 623,429.00 | 910,319.00 | 987,464.00 | 41,068.00 |
| Equity | 1,162,648.00 | 1,462,839.00 | 1,097,280.00 | 1,200,203.00 |
| Shareholders Equity | 1,164,370.00 | 1,464,472.00 | 1,096,097.00 | 1,185,548.00 |
| Capital Stock | 321,312.00 | 321,312.00 | 321,312.00 | 321,312.00 |
| Share Premium | -25,264.00 | -16,370.00 | -12,671.00 | 6,659.00 |
| Retained Earnings | 892,398.00 | 1,178,724.00 | 779,941.00 | 856,994.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -24,076.00 | -19,194.00 | 7,515.00 | 583.00 |
| Minority Interest | -1,722.00 | -1,633.00 | 1,183.00 | 14,655.00 |
| Debt | 5,169,538.00 | 5,520,143.00 | 6,440,583.00 | 1,528,265.00 |
| Net Debt | 4,528,385.00 | 4,581,692.00 | 5,333,031.00 | 335,187.00 |
| Common Shares Outstanding | 37,316.55 | 37,316.55 | 37,316.55 | 37,316.55 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 14,100,758.00 | 13,009,507.00 | 11,507,549.00 | 10,067,683.00 |
| Cost Of Revenue | 4,520,223.00 | 4,260,842.00 | 3,983,571.00 | 4,498,008.00 |
| Interest Income | 22,818.00 | 45,056.00 | 28,689.00 | 25,872.00 |
| Interest Expense | 639,705.00 | 827,812.00 | 543,321.00 | 75,818.00 |
| Non-Interest Expense | 6,846,320.00 | 6,409,884.00 | 5,473,710.00 | 2,967,810.00 |
| Gross Profit | 9,580,535.00 | 8,748,665.00 | 7,523,978.00 | 5,569,675.00 |
| Operating Expenses | 7,727,746.00 | 6,409,884.00 | 5,473,710.00 | 2,967,810.00 |
| Selling, General and Administrative Expenses | 6,846,320.00 | 6,409,884.00 | 5,473,710.00 | 2,967,810.00 |
| Other Operating Expenses | 529,722.00 | 0 | 0 | 0 |
| Operating Income | 1,852,789.00 | 2,338,781.00 | 2,050,268.00 | 2,601,865.00 |
| EBT | 1,180,782.00 | 1,416,587.00 | 1,386,884.00 | 2,562,495.00 |
| Income Tax | 469,260.00 | 380,023.00 | 516,920.00 | 814,556.00 |
| Net Income Including Non-Controlling Interests | 711,522.00 | 1,036,564.00 | 869,964.00 | 1,747,939.00 |
| Net Income Non-Controlling Interests | 206.00 | 2,723.00 | 2,593.00 | 3,706.00 |
| Net Income | 711,728.00 | 1,039,287.00 | 872,557.00 | 1,751,645.00 |
| EBIT | 1,820,487.00 | 2,244,399.00 | 1,930,205.00 | 2,638,313.00 |
| Deprecation and Amortization | 392,186.00 | 382,119.00 | 287,702.00 | 82,122.00 |
| EBITDA | 2,212,673.00 | 2,626,518.00 | 2,217,907.00 | 2,720,435.00 |
| EPS | 0.02 | 0.03 | 0.02 | 0.05 |
| Diluted EPS | 0.02 | 0.03 | 0.02 | 0.05 |
| Average Shares Outstanding Basic | 37,316.55 | 37,316.55 | 37,316.55 | 37,316.55 |
| Average Shares Outstanding Diluted | 37,316.55 | 37,316.55 | 37,316.55 | 37,316.55 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 1,797,130.00 | 2,366,779.00 | 1,409,702.00 | 1,465,597.00 |
| Operating Net Income | 711,522.00 | 1,036,564.00 | 869,964.00 | 1,747,939.00 |
| Deprecation and Amortization | 392,186.00 | 382,119.00 | 287,702.00 | 82,122.00 |
| Deferred Income Tax | 469,260.00 | 380,023.00 | 516,920.00 | 814,556.00 |
| Share Based Compensation | 0 | 4,188.00 | 5,991.00 | 0 |
| Change in Working Capital | -86,079.00 | 261,987.00 | -314,858.00 | -72,572.00 |
| Other Operating Activities | 310,241.00 | 301,898.00 | 43,983.00 | -1,106,448.00 |
| Investing Cash Flow | -466.00 | -65,328.00 | -4,825,222.00 | -320,378.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -23,284.00 | -110,384.00 | -153,562.00 | -389,215.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | -4,700,349.00 | 50.00 |
| Other Investing Activities | 22,818.00 | 45,056.00 | 28,689.00 | 68,787.00 |
| Financing Cash Flow | -2,049,836.00 | -2,567,365.00 | 3,055,966.00 | -619,841.00 |
| Net Issuance/Repayment of Debt | -447,861.00 | -1,257,962.00 | 4,622,466.00 | 866,385.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | -25,321.00 | 0 |
| Dividends Paid | -998,054.00 | -648,735.00 | -949,610.00 | -1,400,000.00 |
| Other Financing Activities | -603,921.00 | -660,668.00 | -591,569.00 | -86,226.00 |
| Net Change in Cash | -253,172.00 | -265,914.00 | -359,554.00 | 525,378.00 |
| Cash at Beginning of Period | 549,730.00 | 815,644.00 | 1,175,198.00 | 649,820.00 |
| Cash at End of Period | 296,558.00 | 549,730.00 | 815,644.00 | 1,175,198.00 |
| Free Cash Flow | 1,605,572.00 | 2,235,713.00 | 1,234,049.00 | 1,063,861.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 10,099,560.00 | 10,380,316.00 | 10,654,350.00 | 10,453,767.00 | 10,862,683.00 |
| Current Assets | 4,393,924.00 | 4,644,637.00 | 4,811,147.00 | 4,538,198.00 | 4,718,620.00 |
| Cash and Short-Term Investments | 333,522.00 | 391,784.00 | 344,073.00 | 296,558.00 | 316,378.00 |
| Cash and Cash Equivalents | 333,522.00 | 391,784.00 | 344,073.00 | 296,558.00 | 316,378.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 1,427,775.00 | 1,510,338.00 | 1,605,577.00 | 1,352,690.00 | 1,270,225.00 |
| Inventory | 2,300,381.00 | 2,364,160.00 | 2,529,057.00 | 2,505,093.00 | 2,504,370.00 |
| Other Current Assets | 332,246.00 | 378,355.00 | 332,440.00 | 383,857.00 | 627,647.00 |
| Non-Current Assets | 5,705,636.00 | 5,735,679.00 | 5,843,203.00 | 5,915,569.00 | 6,144,063.00 |
| Property, Plant, Equipment Net | 2,004,224.00 | 2,018,453.00 | 2,048,903.00 | 2,115,498.00 | 2,415,474.00 |
| Goodwill | 1,599,718.00 | 1,599,718.00 | 1,599,718.00 | 1,599,718.00 | 1,599,718.00 |
| Intangible Assets | 1,513,648.00 | 1,530,431.00 | 1,549,649.00 | 1,570,223.00 | 1,590,916.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 525,086.00 | 525,086.00 | 525,086.00 | 525,086.00 | 523,568.00 |
| Other Non-Current Assets | 0 | 0 | 119,847.00 | 0 | 0 |
| Liabilities | 8,807,630.00 | 9,206,204.00 | 9,603,901.00 | 9,291,119.00 | 9,679,965.00 |
| Current Liabilities | 4,734,565.00 | 4,972,661.00 | 5,239,762.00 | 4,764,488.00 | 4,419,152.00 |
| Payables and Expenses | 2,153,575.00 | 2,249,450.00 | 2,416,285.00 | 2,749,234.00 | 2,827,387.00 |
| Account Payables | 1,730,717.00 | 1,824,909.00 | 2,012,268.00 | 2,157,952.00 | 2,372,520.00 |
| Current Accrued Liabilities | 368,196.00 | 363,831.00 | 362,857.00 | 380,835.00 | 410,253.00 |
| Short-Term Debt | 1,780,670.00 | 1,857,551.00 | 1,913,292.00 | 1,266,336.00 | 725,888.00 |
| Other Current Liabilities | 800,320.00 | 865,660.00 | 910,185.00 | 748,918.00 | 865,877.00 |
| Non-Current Liabilities | 4,073,065.00 | 4,233,543.00 | 4,364,139.00 | 4,526,631.00 | 5,260,813.00 |
| Long-Term Debt | 3,435,462.00 | 3,601,301.00 | 3,737,169.00 | 3,903,202.00 | 4,548,811.00 |
| Other Non-Current Liabilities | 637,603.00 | 632,242.00 | 626,970.00 | 623,429.00 | 712,002.00 |
| Equity | 1,291,930.00 | 1,174,112.00 | 1,050,449.00 | 1,162,648.00 | 1,182,718.00 |
| Shareholders Equity | 1,295,463.00 | 1,177,099.00 | 1,052,837.00 | 1,164,370.00 | 1,184,198.00 |
| Capital Stock | 321,312.00 | 321,312.00 | 321,312.00 | 321,312.00 | 321,312.00 |
| Share Premium | -25,264.00 | -25,264.00 | -25,264.00 | -25,264.00 | -25,264.00 |
| Retained Earnings | 1,036,602.00 | 921,973.00 | 794,278.00 | 892,398.00 | 919,658.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -37,187.00 | -40,922.00 | -37,489.00 | -24,076.00 | -31,508.00 |
| Minority Interest | -3,533.00 | -2,987.00 | -2,388.00 | -1,722.00 | -1,480.00 |
| Debt | 5,216,132.00 | 5,458,852.00 | 5,650,461.00 | 5,169,538.00 | 5,274,699.00 |
| Net Debt | 4,570,809.00 | 4,768,970.00 | 4,997,182.00 | 4,528,385.00 | 4,636,614.00 |
| Common Shares Outstanding | 37,316.55 | 37,316.55 | 37,316.55 | 37,316.55 | 37,316.55 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 3,377,299.00 | 3,562,643.00 | 3,499,151.00 | 3,778,468.00 | 3,330,394.00 |
| Cost Of Revenue | 1,064,701.00 | 1,170,756.00 | 1,183,324.00 | 1,668,615.00 | 1,103,468.00 |
| Interest Income | 5,473.00 | 7,907.00 | 16,071.00 | 1,833.00 | 2,751.00 |
| Interest Expense | 131,907.00 | 144,276.00 | 146,036.00 | 143,095.00 | 159,087.00 |
| Non-Interest Expense | 1,685,522.00 | 1,809,669.00 | 1,881,922.00 | 1,087,625.00 | 1,730,753.00 |
| Gross Profit | 2,312,598.00 | 2,391,887.00 | 2,315,827.00 | 2,109,853.00 | 2,226,926.00 |
| Operating Expenses | 1,685,522.00 | 1,809,669.00 | 1,881,922.00 | 1,969,051.00 | 1,730,753.00 |
| Selling, General and Administrative Expenses | 1,685,522.00 | 1,809,669.00 | 1,881,922.00 | 1,087,625.00 | 1,730,753.00 |
| Operating Income | 627,076.00 | 582,218.00 | 433,905.00 | 140,802.00 | 496,173.00 |
| EBT | 501,680.00 | 433,359.00 | 279,711.00 | 314,900.00 | -39,903.00 |
| Income Tax | 188,055.00 | 106,690.00 | 128,983.00 | 82,726.00 | 72,634.00 |
| Net Income Including Non-Controlling Interests | 313,625.00 | 326,669.00 | 150,728.00 | 232,174.00 | -112,537.00 |
| Net Income Non-Controlling Interests | 580.00 | 637.00 | 666.00 | 254.00 | -24.00 |
| Net Income | 314,205.00 | 327,306.00 | 151,394.00 | 232,428.00 | -112,561.00 |
| EBIT | 633,587.00 | 577,635.00 | 425,747.00 | 457,995.00 | 119,184.00 |
| Deprecation and Amortization | 95,073.00 | 197,954.00 | 101,360.00 | 101,072.00 | 95,402.00 |
| EBITDA | 728,660.00 | 775,589.00 | 527,107.00 | 559,067.00 | 122,722.00 |
| EPS | 0.01 | 0.01 | 0.00 | 0.01 | -0.00 |
| Diluted EPS | 0.01 | 0.01 | 0.00 | 0.01 | -0.00 |
| Average Shares Outstanding Basic | 37,316.51 | 37,316.55 | 37,316.55 | 37,316.55 | 37,271.85 |
| Average Shares Outstanding Diluted | 37,316.51 | 37,316.55 | 37,316.55 | 37,316.55 | 37,271.85 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 570,622.00 | 574,804.00 | -42,898.00 | 513,499.00 | -18,153.00 |
| Operating Net Income | 313,625.00 | 477,397.00 | 150,728.00 | 232,174.00 | -112,537.00 |
| Deprecation and Amortization | 95,073.00 | 197,954.00 | 101,360.00 | 101,072.00 | 95,402.00 |
| Deferred Income Tax | 188,055.00 | 235,673.00 | 128,983.00 | 82,726.00 | 72,634.00 |
| Share Based Compensation | 0 | 0 | 0 | 8,894.00 | 8,894.00 |
| Change in Working Capital | -119,203.00 | -325,802.00 | -286,977.00 | 161,883.00 | -164,445.00 |
| Other Operating Activities | 0 | -10,418.00 | -136,992.00 | -73,250.00 | 81,899.00 |
| Investing Cash Flow | -11,576.00 | -14,515.00 | 3,128.00 | 34,140.00 | 71,959.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -17,049.00 | -38,493.00 | -12,943.00 | 24,876.00 | 75,877.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 16,071.00 | 0 | 0 |
| Financing Cash Flow | -617,308.00 | -465,063.00 | 87,285.00 | -567,459.00 | -36,121.00 |
| Net Issuance/Repayment of Debt | -258,470.00 | 256,183.00 | 502,426.00 | -211,820.00 | -21,241.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -199,576.00 | -449,125.00 | -249,514.00 | -249,514.00 | 0 |
| Other Financing Activities | 0 | 0 | -165,627.00 | 0 | 0 |
| Net Change in Cash | -58,262.00 | 95,226.00 | 47,515.00 | -19,820.00 | 17,685.00 |
| Cash at Beginning of Period | 391,784.00 | 296,558.00 | 296,558.00 | 316,378.00 | 423,246.00 |
| Cash at End of Period | 333,522.00 | 391,784.00 | 344,073.00 | 296,558.00 | 316,378.00 |
| Free Cash Flow | 551,763.00 | 531,896.00 | -56,472.00 | 496,937.00 | -59,237.00 |