CAN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -2.23 | -0.96 | 4.99 | 2.76 |
| Price to Sales | 2.07 | 1.88 | 0.54 | 1.12 |
| Book Value Per Common Share | 0.05 | 0.10 | 0.24 | 0.21 |
| Price to Book | 41.33 | 23.31 | 8.46 | 24.47 |
| Price to Operating Cash Flow | -2.79 | -3.21 | -1.93 | 4.28 |
| Price to Free Cash Flow | -2.55 | -3.13 | -1.75 | 4.40 |
| Enterprise Value to EBITDA | 421375.79 | 465470.59 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -16.33 | -22.90 | -3.27 | -6.30 | -3.70 |
| Price to Sales | 3.04 | 2.47 | 3.41 | 6.60 | 3.81 |
| Book Value Per Common Share | 0.05 | 0.05 | 0.04 | 0.05 | 0.07 |
| Price to Book | 19.55 | 13.44 | 20.09 | 41.33 | 13.84 |
| Price to Operating Cash Flow | -19.67 | -4.73 | |||
| Price to Free Cash Flow | -13.12 | -4.61 | |||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -77.87 | |||
| Revenue YoY | 27.35 | -67.54 | -15.69 | |
| EBITDA YoY | -57.21 | |||
| Net Profit YoY | -77.39 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 50.16 | 21.06 | -6.75 | 20.59 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.36 | 0.56 | 0.60 | 2.51 |
| Quick Ratio | 1.18 | 1.14 | 2.31 | 1.42 |
| Current Ratio | 1.87 | 2.69 | 7.38 | 2.53 |
| Debt to Equity | 0.74 | 0.42 | 0.13 | 0.63 |
| Long-Term Debt to Equity | 0.07 | 0.03 | 0.00 | 0.03 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.23 | 0.16 | 0.30 | 0.34 | 0.26 |
| Quick Ratio | 0.86 | 0.82 | 0.55 | 1.18 | 0.92 |
| Current Ratio | 1.85 | 1.78 | 1.50 | 1.87 | 2.03 |
| Debt to Equity | 0.76 | 0.83 | 1.31 | 0.74 | 0.59 |
| Long-Term Debt to Equity | 0.03 | 0.10 | 0.13 | 0.07 | 0.11 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -53.94 | -83.96 | 10.20 | 34.98 |
| ROE | -93.80 | -118.95 | 11.50 | 56.96 |
| Gross Margin | -31.31 | -113.86 | 35.35 | 57.17 |
| Operating Margin | -63.77 | -220.12 | 13.56 | 36.62 |
| EBITDA Margin | -53.22 | -191.91 | 18.73 | 36.90 |
| Net Profit Margin | -92.73 | -195.84 | 10.73 | 40.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -4.14 | -1.87 | -15.28 | -20.06 | -15.05 |
| ROE | -7.30 | -3.42 | -35.33 | -34.89 | -23.93 |
| Gross Margin | 11.05 | 9.29 | 0.78 | -7.16 | -29.22 |
| Operating Margin | -17.84 | -9.88 | -103.14 | -8.27 | -111.46 |
| EBITDA Margin | -17.84 | -9.88 | -103.14 | -8.27 | -111.46 |
| Net Profit Margin | -18.44 | -11.03 | -104.42 | -104.66 | -102.68 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 463,011.00 | 493,297.00 | 684,961.00 | 883,616.04 |
| Current Assets | 334,021.00 | 363,680.00 | 555,714.00 | 827,326.37 |
| Cash and Short-Term Investments | 96,488.00 | 96,154.00 | 101,551.00 | 421,132.71 |
| Cash and Cash Equivalents | 96,488.00 | 96,154.00 | 101,551.00 | 421,132.71 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 114,659.00 | 58,400.00 | 72,402.00 | 43,140.05 |
| Inventory | 94,620.00 | 142,287.00 | 211,640.00 | 127,447.48 |
| Other Current Assets | 28,254.00 | 66,839.00 | 170,121.00 | 235,606.12 |
| Non-Current Assets | 128,990.00 | 129,617.00 | 129,247.00 | 56,289.67 |
| Property, Plant, Equipment Net | 43,658.00 | 31,156.00 | 89,600.00 | 33,963.38 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 901.00 | 0 | 0 | 0 |
| Long-Term Investments | 2,782.00 | 2,824.00 | 2,872.00 | 3,137.70 |
| Non-Current Deferred Assets | 295.00 | 66,809.00 | 21,740.00 | 15,538.51 |
| Other Non-Current Assets | 81,354.00 | 0 | 0 | 0 |
| Liabilities | 196,757.00 | 145,110.00 | 77,295.00 | 340,999.83 |
| Current Liabilities | 178,569.00 | 135,193.00 | 75,256.00 | 327,121.32 |
| Payables and Expenses | 49,453.00 | 37,906.00 | 52,751.00 | 107,868.40 |
| Account Payables | 13,975.00 | 6,245.00 | 16,703.00 | 22,503.73 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 17,895.00 | 1,216.00 | 2,314.00 | 2,324.88 |
| Other Current Liabilities | 111,221.00 | 96,071.00 | 20,191.00 | 216,928.04 |
| Non-Current Liabilities | 18,188.00 | 9,917.00 | 2,039.00 | 13,878.51 |
| Long-Term Debt | 8,980.00 | 210.00 | 1,441.00 | 2,555.97 |
| Other Non-Current Liabilities | 9,208.00 | 9,707.00 | 598.00 | 11,322.54 |
| Equity | 266,254.00 | 348,187.00 | 607,666.00 | 542,616.21 |
| Shareholders Equity | 266,254.00 | 348,187.00 | 607,666.00 | 542,616.21 |
| Capital Stock | 0 | 0 | 0 | 0.16 |
| Share Premium | 816,363.00 | 653,860.00 | 492,220.00 | 453,575.25 |
| Retained Earnings | -450,490.00 | -219,631.00 | 194,522.00 | 126,032.22 |
| Treasury Shares | 57,055.00 | 57,055.00 | 57,055.00 | 36,284.50 |
| Accumulated Other Comprehensive Income | -42,564.00 | -28,987.00 | -22,021.00 | -706.77 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 26,875.00 | 1,426.00 | 3,755.00 | 4,880.85 |
| Common Shares Outstanding | 5,364,163.02 | 3,514,973.33 | 2,496,001.76 | 2,577,386.55 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 269,324.00 | 211,477.00 | 651,526.00 | 772,762.00 |
| Cost Of Revenue | 353,644.00 | 452,257.00 | 421,239.00 | 331,005.00 |
| Interest Income | 536.00 | 956.00 | 2,372.00 | 1,133.00 |
| Interest Expense | 521.00 | 0 | 0 | 0 |
| Non-Interest Expense | 77,399.00 | 79,424.00 | 97,715.00 | 106,611.00 |
| Gross Profit | -84,320.00 | -240,780.00 | 230,287.00 | 441,757.00 |
| Operating Expenses | 138,722.00 | 144,269.00 | 179,470.00 | 158,783.00 |
| Selling, General and Administrative Expenses | 77,399.00 | 79,424.00 | 97,715.00 | 106,611.00 |
| Research and Development Expenses | 61,323.00 | 64,845.00 | 81,755.00 | 52,172.00 |
| Operating Income | -223,042.00 | -385,049.00 | 50,817.00 | 282,974.00 |
| Net Non-Operating Income | 10,832.00 | 2,240.00 | 3,295.00 | 993.00 |
| EBT | -172,269.00 | -465,493.00 | 88,334.00 | 316,851.00 |
| Income Tax | 77,483.00 | -51,340.00 | 18,450.00 | 7,765.00 |
| Net Income Including Non-Controlling Interests | -249,752.00 | -414,153.00 | 69,884.00 | 309,086.00 |
| Net Income | -249,752.00 | -414,153.00 | 69,884.00 | 309,086.00 |
| EBIT | -171,748.00 | -465,493.00 | 88,334.00 | 282,974.00 |
| Deprecation and Amortization | 28,416.00 | 59,641.00 | 33,689.00 | 2,189.00 |
| EBITDA | -143,332.00 | -405,852.00 | 122,023.00 | 285,163.00 |
| EPS | -0.00 | -0.00 | 0.00 | 0.00 |
| Diluted EPS | -0.00 | -0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 271,492.46 | 171,946.84 | 170,673.76 | 168,111.19 |
| Average Shares Outstanding Diluted | 271,492.46 | 171,946.84 | 171,859.47 | 170,525.26 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -199,262.00 | -123,620.00 | -182,602.00 | 202,283.00 |
| Operating Net Income | -249,752.00 | -414,153.00 | 69,884.00 | 309,086.00 |
| Deprecation and Amortization | 28,416.00 | 59,641.00 | 33,689.00 | 2,189.00 |
| Deferred Income Tax | 73,083.00 | -45,686.00 | -7,791.00 | -15,348.00 |
| Share Based Compensation | 30,916.00 | 42,074.00 | 63,015.00 | 76,497.00 |
| Change in Working Capital | -103,862.00 | 16,110.00 | -412,505.00 | -146,231.00 |
| Other Operating Activities | 21,937.00 | 218,394.00 | 71,106.00 | -23,910.00 |
| Investing Cash Flow | 60,973.00 | 39,628.00 | -8,103.00 | 848.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -10,521.00 | -1,017.00 | -17,745.00 | -5,620.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 6,468.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 139,747.00 | 90,005.00 | -56,178.00 | 139,218.00 |
| Net Issuance/Repayment of Debt | 9,937.00 | 0 | 0 | -5,490.00 |
| Net Issuance/Repurchase of Equity | 130,578.00 | 92,425.00 | -26,982.00 | 149,431.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -768.00 | -2,420.00 | -29,196.00 | -4,723.00 |
| Net Change in Cash | 1,458.00 | 6,013.00 | -246,883.00 | 342,349.00 |
| Cash at Beginning of Period | 96,154.00 | 101,551.00 | 428,455.00 | 60,661.00 |
| Cash at End of Period | 96,488.00 | 96,154.00 | 101,551.00 | 428,455.00 |
| Free Cash Flow | -218,566.00 | -126,932.00 | -200,347.00 | 196,638.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 670,003.00 | 592,175.00 | 565,554.00 | 463,011.00 | 502,136.00 |
| Current Assets | 517,361.00 | 420,995.00 | 435,154.00 | 334,021.00 | 307,493.00 |
| Cash and Short-Term Investments | 119,208.00 | 65,904.00 | 96,773.00 | 96,488.00 | 71,782.00 |
| Cash and Cash Equivalents | 119,208.00 | 65,904.00 | 96,773.00 | 96,488.00 | 71,782.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 120,151.00 | 127,919.00 | 62,606.00 | 114,659.00 | 67,723.00 |
| Inventory | 201,743.00 | 107,952.00 | 113,863.00 | 94,620.00 | 87,802.00 |
| Other Current Assets | 76,259.00 | 119,220.00 | 161,912.00 | 28,254.00 | 80,186.00 |
| Non-Current Assets | 152,642.00 | 171,180.00 | 130,400.00 | 128,990.00 | 194,643.00 |
| Property, Plant, Equipment Net | 63,717.00 | 72,688.00 | 43,993.00 | 43,658.00 | 43,516.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 742.00 | 795.00 | 848.00 | 901.00 | 0 |
| Long-Term Investments | 2,815.00 | 2,794.00 | 2,786.00 | 2,782.00 | 2,854.00 |
| Non-Current Deferred Assets | 298.00 | 296.00 | 295.00 | 295.00 | 76,088.00 |
| Other Non-Current Assets | 85,070.00 | 94,607.00 | 82,478.00 | 81,354.00 | 0 |
| Liabilities | 290,100.00 | 268,572.00 | 320,916.00 | 196,757.00 | 186,330.00 |
| Current Liabilities | 278,962.00 | 236,946.00 | 289,868.00 | 178,569.00 | 151,197.00 |
| Payables and Expenses | 100,329.00 | 62,046.00 | 63,169.00 | 49,453.00 | 41,314.00 |
| Account Payables | 33,669.00 | 29,958.00 | 15,724.00 | 13,975.00 | 16,735.00 |
| Current Accrued Liabilities | 55,490.00 | 47,737.00 | 36,702.00 | 0 | 36,178.00 |
| Short-Term Debt | 46,375.00 | 25,793.00 | 25,379.00 | 17,895.00 | 1,407.00 |
| Other Current Liabilities | 132,258.00 | 149,107.00 | 201,320.00 | 111,221.00 | 108,476.00 |
| Non-Current Liabilities | 11,138.00 | 31,626.00 | 31,048.00 | 18,188.00 | 35,133.00 |
| Long-Term Debt | 1,284.00 | 22,398.00 | 21,836.00 | 8,980.00 | 25,599.00 |
| Other Non-Current Liabilities | 9,854.00 | 9,228.00 | 9,212.00 | 9,208.00 | 9,534.00 |
| Equity | 379,903.00 | 323,603.00 | 244,638.00 | 266,254.00 | 315,806.00 |
| Shareholders Equity | 379,903.00 | 323,603.00 | 244,638.00 | 266,254.00 | 315,806.00 |
| Capital Stock | 0 | 0 | 0 | 0 | 0 |
| Share Premium | 1,037,369.00 | 956,473.00 | 882,235.00 | 816,363.00 | 763,293.00 |
| Retained Earnings | -575,722.00 | -547,979.00 | -536,921.00 | -450,490.00 | -357,588.00 |
| Treasury Shares | 38,850.00 | 42,646.00 | 57,055.00 | 57,055.00 | 57,055.00 |
| Accumulated Other Comprehensive Income | -42,894.00 | -42,245.00 | -43,621.00 | -42,564.00 | -32,844.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 47,659.00 | 48,191.00 | 47,215.00 | 26,875.00 | 27,006.00 |
| Net Debt | 0 | 0 | 131,729.00 | 0 | 29,285.00 |
| Common Shares Outstanding | 8,425,262.06 | 7,035,048.50 | 5,601,356.49 | 5,364,163.02 | 4,324,281.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 150,476.00 | 100,209.00 | 82,776.00 | 88,767.00 | 73,608.00 |
| Cost Of Revenue | 133,853.00 | 90,903.00 | 82,130.00 | 95,118.00 | 95,119.00 |
| Interest Income | 94.00 | 76.00 | 57.00 | 107.00 | 158.00 |
| Interest Expense | 403.00 | 385.00 | 351.00 | 260.00 | 247.00 |
| Non-Interest Expense | 23,003.00 | 20,833.00 | 19,844.00 | 29,122.00 | 14,925.00 |
| Gross Profit | 16,623.00 | 9,306.00 | 646.00 | -6,352.00 | -21,511.00 |
| Operating Expenses | 39,339.00 | 37,239.00 | 38,791.00 | 45,694.00 | 29,686.00 |
| Selling, General and Administrative Expenses | 23,003.00 | 20,833.00 | 19,844.00 | 29,122.00 | 14,925.00 |
| Research and Development Expenses | 16,336.00 | 16,406.00 | 18,947.00 | 16,572.00 | 14,761.00 |
| Operating Income | -22,716.00 | -27,933.00 | -38,145.00 | -52,046.00 | -51,197.00 |
| Net Non-Operating Income | 2,579.00 | 225.00 | 252.00 | 14,135.00 | 206.00 |
| EBT | -27,248.00 | -10,285.00 | -85,726.00 | -7,601.00 | -82,287.00 |
| Income Tax | 495.00 | 773.00 | 705.00 | 85,301.00 | -6,710.00 |
| Net Income Including Non-Controlling Interests | -27,743.00 | -11,058.00 | -86,431.00 | -92,902.00 | -75,577.00 |
| Net Income | -27,743.00 | -11,058.00 | -86,431.00 | -92,902.00 | -75,577.00 |
| EBIT | -26,845.00 | -9,900.00 | -85,375.00 | -7,341.00 | -82,040.00 |
| EBITDA | -26,845.00 | -9,900.00 | -85,375.00 | -7,341.00 | -82,040.00 |
| 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 | 519,183.51 | 399,657.38 | 321,194.60 | 285,715.43 | 277,536.92 |
| Average Shares Outstanding Diluted | 519,183.51 | 399,657.38 | 321,194.60 | 285,715.43 | 277,536.92 |
| Breakdown | 2024-12-31 | 2024-09-30 |
|---|---|---|
| Operating Cash Flow | -29,760.00 | -59,243.00 |
| Operating Net Income | 0 | 0 |
| Deprecation and Amortization | 0 | 0 |
| Deferred Income Tax | 0 | 0 |
| Share Based Compensation | 0 | 0 |
| Change in Working Capital | 0 | 0 |
| Other Operating Activities | -29,760.00 | -59,243.00 |
| Investing Cash Flow | 17,334.00 | 7,997.00 |
| Capital Expenditure | 0 | 0 |
| Net Purchase/Sale of PPE | -14,129.00 | -1,259.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 |
| Other Investing Activities | 31,463.00 | 9,256.00 |
| Financing Cash Flow | 29,975.00 | 51,992.00 |
| Net Issuance/Repayment of Debt | 0 | 2,017.00 |
| Net Issuance/Repurchase of Equity | 30,010.00 | 50,136.00 |
| Dividends Paid | 0 | 0 |
| Other Financing Activities | -35.00 | -161.00 |
| Net Change in Cash | 17,549.00 | 746.00 |
| Cash at Beginning of Period | 71,782.00 | 66,788.00 |
| Cash at End of Period | 96,488.00 | 71,782.00 |
| Free Cash Flow | -44,633.00 | -60,753.00 |