Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings 24.51 -1.89
Price to Sales 3.24 1.01
Book Value Per Common Share 11.85 13.44
Price to Book 3.49 1.75
Price to Operating Cash Flow 15.96 5.23
Price to Free Cash Flow
Enterprise Value to EBITDA 172391.99
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
Price to Earnings 26.83 54.51 99.73 36.05 46.58 79.34 -1.35
Price to Sales 3.52 6.56 11.67 4.35 5.28 12.49 1.06
Book Value Per Common Share 13.02 25.05 12.10 11.85 11.18 11.53 11.82 13.44 12.44
Price to Book 2.82 1.81 3.30 3.49 3.65 2.79 3.15 1.75 2.39
Price to Operating Cash Flow 12.28 23.70 35.13 20.34 24.87 97.59 6.74
Price to Free Cash Flow
Enterprise Value to EBITDA 186257.49 378348.98 707542.52 237942.46 317269.00 544443.53

Earnings Data

Breakdown 2024-12-31 2023-12-31
Earning YoY
Revenue YoY 11.05
EBITDA YoY
Net Profit YoY
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
Earning YoY 65.06 107.50 63.77 46.81
Revenue YoY 51.85 101.90 51.86 100.37 -63.38
EBITDA YoY 66.35 112.84 64.79 46.70
Net Profit YoY 64.86 109.43 61.78 46.92

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 5.75 17.79
Quick Ratio 3.77 4.82
Current Ratio 3.38 4.51
Debt to Equity 0.26 0.20
Long-Term Debt to Equity 0.01 0.02
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
Cash Per Common Share 7.04 6.55 6.71 5.83 5.41 5.82 6.03 8.32 26.70
Quick Ratio 3.48 3.17 3.08 3.77 2.92 3.28 3.60 4.82 4.37
Current Ratio 3.64 3.32 3.24 3.38 3.06 3.45 3.78 4.51 4.50
Debt to Equity 0.24 0.27 0.28 0.26 0.28 0.25 0.23 0.20 0.21
Long-Term Debt to Equity 0.02 0.02 0.01 0.01 0.02 0.02 0.02 0.02 0.02

Profitability

Breakdown 2024-12-31 2023-12-31
ROA 11.11 -34.31
ROE 13.94 -41.30
Gross Margin 75.25 74.88
Operating Margin 16.34 -135.50
EBITDA Margin 18.56 -133.10
Net Profit Margin 13.53 -53.32
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
ROA 8.06 5.01 2.47 7.87 4.74 3.17 -39.74
ROE 10.02 6.36 3.15 10.11 5.93 3.92 -48.02
Gross Margin 74.22 74.54 74.80 75.27 75.29 74.88 74.59
Operating Margin 16.25 14.69 13.82 15.47 14.18 20.12 -95.27
EBITDA Margin 19.05 17.39 16.50 17.64 16.25 22.20 -92.59
Net Profit Margin 13.31 12.26 11.82 12.38 11.63 15.85 -78.47

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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 4,115,000.00 4,727,000.00
   Current Assets 2,697,000.00 3,305,000.00
      Cash and Short-Term Investments 1,521,000.00 2,323,000.00
            Cash and Cash Equivalents 1,430,000.00 2,274,000.00
            Short-Term Investments 91,000.00 49,000.00
      Net Receivables 1,485,000.00 1,210,000.00
      Inventory 0 0
      Other Current Assets -309,000.00 -228,000.00
   Non-Current Assets 1,418,000.00 1,422,000.00
      Property, Plant, Equipment Net 221,000.00 166,000.00
      Goodwill 317,000.00 318,000.00
      Intangible Assets 52,000.00 77,000.00
      Long-Term Investments 0 0
      Non-Current Deferred Assets 771,000.00 830,000.00
      Other Non-Current Assets 57,000.00 31,000.00
Liabilities 836,000.00 800,000.00
   Current Liabilities 798,000.00 733,000.00
      Payables and Expenses 585,000.00 523,000.00
            Account Payables 80,000.00 72,000.00
            Current Accrued Liabilities 505,000.00 451,000.00
      Short-Term Debt 13,000.00 13,000.00
      Other Current Liabilities 200,000.00 197,000.00
   Non-Current Liabilities 38,000.00 67,000.00
      Long-Term Debt 13,000.00 27,000.00
      Other Non-Current Liabilities 25,000.00 40,000.00
Equity 3,279,000.00 3,927,000.00
   Shareholders Equity 3,093,000.00 3,750,000.00
      Capital Stock 0 0
      Share Premium 6,687,000.00 6,382,000.00
      Retained Earnings -3,585,000.00 -2,635,000.00
      Treasury Shares 0 0
      Accumulated Other Comprehensive Income -9,000.00 3,000.00
   Minority Interest 0 0
Investments 91,000.00 49,000.00
Debt 13,000.00 40,000.00
Common Shares Outstanding 260,964.00 279,046.00
Breakdown 2024-12-31 2023-12-31
Revenues 3,378,000.00 3,042,000.00
Cost Of Revenue 836,000.00 764,000.00
Gross Profit 2,542,000.00 2,278,000.00
Operating Expenses 2,053,000.00 4,420,000.00
   Selling, General and Administrative Expenses 1,171,000.00 1,764,000.00
   Research and Development Expenses 604,000.00 2,312,000.00
   Other Operating Expenses 278,000.00 344,000.00
Operating Income 489,000.00 -2,142,000.00
Net Non-Operating Income 63,000.00 -1,980,000.00
Interest Expense 0.00 0.00
Net Interest 66,000.00 81,000.00
EBT 552,000.00 -4,122,000.00
Income Tax 95,000.00 439,000.00
Net Income 457,000.00 -1,622,000.00
EBIT 552,000.00 -4,122,000.00
Deprecation and Amortization 75,000.00 73,000.00
EBITDA 627,000.00 -4,049,000.00
EPS 0.00 -0.01
Diluted EPS 0.00 -0.01
Average Shares Outstanding Basic 264,640.00 130,616.00
Average Shares Outstanding Diluted 289,158.00 130,616.00
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow 687,000.00 586,000.00
   Operating Net Income 457,000.00 -1,622,000.00
   Deprecation and Amortization 75,000.00 73,000.00
   Deferred Income Tax 59,000.00 -459,000.00
   Share Based Compensation 300,000.00 2,756,000.00
   Change in Working Capital 225,000.00 7,000.00
   Other Operating Activities -429,000.00 -169,000.00
Investing Cash Flow -107,000.00 135,000.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 64,000.00 56,000.00
   Net Purchase/Sale of Investments Net 183,000.00 411,000.00
   Net Purchase/Sale of Business 0 0
   Other Investing Activities -354,000.00 -332,000.00
Financing Cash Flow -1,413,000.00 -30,000.00
   Net Issuance/Repayment of Debt 0 0
   Net Issuance/Repurchase of Equity 1,482,000.00 443,000.00
   Dividends Paid 0 0
   Other Financing Activities -2,895,000.00 -473,000.00
Net Change in Cash -844,000.00 694,000.00
   Cash at Beginning of Period 2,293,000.00 1,599,000.00
   Cash at End of Period 1,449,000.00 2,293,000.00
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
Assets 4,540,000.00 4,433,000.00 4,292,000.00 4,115,000.00 3,926,000.00 4,027,000.00 4,097,000.00 4,727,000.00 4,421,000.00
   Current Assets 3,031,000.00 2,890,000.00 2,873,000.00 2,697,000.00 2,509,000.00 2,585,000.00 2,707,000.00 3,305,000.00 3,073,000.00
      Cash and Short-Term Investments 1,855,000.00 1,720,000.00 1,760,000.00 1,521,000.00 1,442,000.00 1,571,000.00 1,658,000.00 2,323,000.00 2,141,000.00
            Cash and Cash Equivalents 1,816,000.00 1,611,000.00 1,688,000.00 1,430,000.00 1,422,000.00 1,562,000.00 1,638,000.00 2,274,000.00 2,085,000.00
            Short-Term Investments 39,000.00 109,000.00 72,000.00 91,000.00 20,000.00 9,000.00 20,000.00 49,000.00 56,000.00
      Net Receivables 1,042,000.00 1,043,000.00 974,000.00 1,485,000.00 949,000.00 888,000.00 917,000.00 1,210,000.00 841,000.00
      Inventory 0 0 0 0 0 0 0 0 0
      Other Current Assets 134,000.00 127,000.00 139,000.00 -309,000.00 118,000.00 126,000.00 132,000.00 -228,000.00 91,000.00
   Non-Current Assets 1,509,000.00 1,543,000.00 1,419,000.00 1,418,000.00 1,417,000.00 1,442,000.00 1,390,000.00 1,422,000.00 1,348,000.00
      Property, Plant, Equipment Net 249,000.00 254,000.00 231,000.00 221,000.00 215,000.00 200,000.00 181,000.00 166,000.00 141,000.00
      Goodwill 392,000.00 392,000.00 317,000.00 317,000.00 318,000.00 318,000.00 318,000.00 318,000.00 318,000.00
      Intangible Assets 74,000.00 81,000.00 47,000.00 52,000.00 58,000.00 64,000.00 71,000.00 77,000.00 82,000.00
      Long-Term Investments 62,000.00 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 696,000.00 775,000.00 780,000.00 771,000.00 775,000.00 802,000.00 789,000.00 830,000.00 775,000.00
      Other Non-Current Assets 36,000.00 41,000.00 44,000.00 57,000.00 51,000.00 58,000.00 31,000.00 31,000.00 32,000.00
Liabilities 889,000.00 942,000.00 928,000.00 836,000.00 870,000.00 806,000.00 777,000.00 800,000.00 762,000.00
   Current Liabilities 832,000.00 871,000.00 887,000.00 798,000.00 820,000.00 750,000.00 716,000.00 733,000.00 683,000.00
      Payables and Expenses 610,000.00 648,000.00 657,000.00 585,000.00 599,000.00 523,000.00 491,000.00 523,000.00 469,000.00
            Account Payables 78,000.00 69,000.00 77,000.00 80,000.00 69,000.00 57,000.00 49,000.00 72,000.00 57,000.00
            Current Accrued Liabilities 532,000.00 579,000.00 580,000.00 505,000.00 530,000.00 466,000.00 442,000.00 451,000.00 412,000.00
      Short-Term Debt 3,000.00 3,000.00 13,000.00 13,000.00 12,000.00 13,000.00 13,000.00 13,000.00 13,000.00
      Other Current Liabilities 219,000.00 220,000.00 217,000.00 200,000.00 209,000.00 214,000.00 212,000.00 197,000.00 201,000.00
   Non-Current Liabilities 57,000.00 71,000.00 41,000.00 38,000.00 50,000.00 56,000.00 61,000.00 67,000.00 79,000.00
      Long-Term Debt 34,000.00 34,000.00 9,000.00 13,000.00 16,000.00 19,000.00 23,000.00 27,000.00 30,000.00
      Other Non-Current Liabilities 23,000.00 37,000.00 32,000.00 25,000.00 34,000.00 37,000.00 38,000.00 40,000.00 49,000.00
Equity 3,651,000.00 3,491,000.00 3,364,000.00 3,279,000.00 3,056,000.00 3,221,000.00 3,320,000.00 3,927,000.00 3,659,000.00
   Shareholders Equity 3,458,000.00 6,599,000.00 3,176,000.00 3,093,000.00 2,872,000.00 3,039,000.00 3,141,000.00 3,750,000.00 3,484,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0
      Share Premium 6,953,000.00 6,869,000.00 6,758,000.00 6,687,000.00 6,600,000.00 6,525,000.00 6,363,000.00 6,382,000.00 6,220,000.00
      Retained Earnings -3,491,000.00 -3,568,000.00 -3,573,000.00 -3,585,000.00 -3,728,000.00 -3,484,000.00 -3,220,000.00 -2,635,000.00 -2,734,000.00
      Treasury Shares 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -4,000.00 -1,000.00 -9,000.00 -9,000.00 0 -2,000.00 -2,000.00 3,000.00 -2,000.00
   Minority Interest 0 0 0 0 0 0 0 0 0
Investments 101,000.00 109,000.00 72,000.00 91,000.00 20,000.00 9,000.00 20,000.00 49,000.00 56,000.00
Debt 37,000.00 37,000.00 22,000.00 13,000.00 28,000.00 32,000.00 36,000.00 40,000.00 43,000.00
Common Shares Outstanding 265,508.00 263,443.00 262,517.00 260,964.00 256,986.00 263,573.00 265,729.00 279,046.00 280,087.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Revenues 2,750,000.00 1,811,000.00 897,000.00 -1,580,000.00 2,495,000.00 1,643,000.00 820,000.00 2,239,000.00
Cost Of Revenue 709,000.00 461,000.00 226,000.00 -393,000.00 617,000.00 406,000.00 206,000.00 569,000.00
Gross Profit 2,041,000.00 1,350,000.00 671,000.00 -1,187,000.00 1,878,000.00 1,237,000.00 614,000.00 1,670,000.00
Operating Expenses 1,640,000.00 1,116,000.00 561,000.00 -1,002,000.00 1,544,000.00 1,041,000.00 470,000.00 3,858,000.00
   Selling, General and Administrative Expenses 959,000.00 665,000.00 342,000.00 -599,000.00 889,000.00 599,000.00 282,000.00 1,478,000.00
   Research and Development Expenses 479,000.00 310,000.00 144,000.00 -260,000.00 449,000.00 300,000.00 115,000.00 2,107,000.00
   Other Operating Expenses 202,000.00 141,000.00 75,000.00 -143,000.00 206,000.00 142,000.00 73,000.00 273,000.00
Operating Income 401,000.00 234,000.00 110,000.00 -185,000.00 334,000.00 196,000.00 144,000.00 -2,188,000.00
Net Non-Operating Income 46,000.00 32,000.00 14,000.00 -47,000.00 52,000.00 37,000.00 21,000.00 55,000.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 45,000.00 29,000.00 14,000.00 -49,000.00 54,000.00 39,000.00 22,000.00 57,000.00
EBT 447,000.00 266,000.00 124,000.00 -232,000.00 386,000.00 233,000.00 165,000.00 -2,133,000.00
Income Tax 81,000.00 43,000.00 18,000.00 -59,000.00 77,000.00 42,000.00 35,000.00 376,000.00
Net Income 366,000.00 222,000.00 106,000.00 -173,000.00 309,000.00 191,000.00 130,000.00 -1,757,000.00
EBIT 447,000.00 266,000.00 124,000.00 -232,000.00 386,000.00 233,000.00 165,000.00 -2,133,000.00
Deprecation and Amortization 77,000.00 49,000.00 24,000.00 -30,000.00 54,000.00 34,000.00 17,000.00 60,000.00
EBITDA 524,000.00 315,000.00 148,000.00 -262,000.00 440,000.00 267,000.00 182,000.00 -2,073,000.00
EPS 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.02
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.02
Average Shares Outstanding Basic 263,314.00 262,511.00 262,432.00 247,235.00 266,550.00 270,012.00 274,763.00 80,180.00
Average Shares Outstanding Diluted 282,479.00 282,117.00 277,193.00 277,822.00 285,701.00 290,983.00 302,126.00 80,180.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Operating Cash Flow 788,000.00 501,000.00 298,000.00 -301,000.00 534,000.00 349,000.00 105,000.00 353,000.00
   Operating Net Income 366,000.00 222,000.00 106,000.00 -173,000.00 309,000.00 191,000.00 130,000.00 -1,757,000.00
   Deprecation and Amortization 77,000.00 49,000.00 24,000.00 -30,000.00 54,000.00 34,000.00 17,000.00 60,000.00
   Deferred Income Tax 66,000.00 -1,000.00 -2,000.00 -64,000.00 55,000.00 27,000.00 41,000.00 -394,000.00
   Share Based Compensation 253,000.00 172,000.00 66,000.00 -68,000.00 214,000.00 145,000.00 9,000.00 2,614,000.00
   Change in Working Capital -5,000.00 -15,000.00 -54,000.00 -9,000.00 110,000.00 64,000.00 60,000.00 -55,000.00
   Other Operating Activities 31,000.00 74,000.00 158,000.00 43,000.00 -208,000.00 -112,000.00 -152,000.00 -115,000.00
Investing Cash Flow -163,000.00 -156,000.00 1,000.00 -94,000.00 -26,000.00 0 13,000.00 146,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 49,000.00 34,000.00 18,000.00 -41,000.00 52,000.00 38,000.00 15,000.00 38,000.00
   Net Purchase/Sale of Investments Net 452,000.00 272,000.00 143,000.00 23,000.00 82,000.00 50,000.00 28,000.00 364,000.00
   Net Purchase/Sale of Business 105,000.00 105,000.00 0 0 0 0 0 0
   Other Investing Activities -769,000.00 -567,000.00 -160,000.00 -164,000.00 -160,000.00 0 -30,000.00 -256,000.00
Financing Cash Flow -245,000.00 -175,000.00 -46,000.00 1,748,000.00 -1,356,000.00 -1,055,000.00 -750,000.00 6,000.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 280,000.00 216,000.00 93,000.00 -1,869,000.00 1,473,000.00 1,114,000.00 764,000.00 404,000.00
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities -525,000.00 -391,000.00 -139,000.00 3,617,000.00 -2,829,000.00 -2,169,000.00 -1,514,000.00 -398,000.00
Net Change in Cash 384,000.00 176,000.00 254,000.00 1,356,000.00 -852,000.00 -712,000.00 -636,000.00 505,000.00
   Cash at Beginning of Period 1,449,000.00 1,449,000.00 1,449,000.00 93,000.00 2,293,000.00 2,293,000.00 2,293,000.00 1,599,000.00
   Cash at End of Period 1,833,000.00 1,625,000.00 1,703,000.00 1,449,000.00 1,441,000.00 1,581,000.00 1,657,000.00 2,104,000.00
Free Cash Flow 0 0 0 0 0 0 0 0