CDZI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -9.81 | -5.00 | -4.17 | ||
| Price to Sales | 40.78 | 93.96 | 92.94 | 299.22 | 724.49 |
| Book Value Per Common Share | 0.45 | 0.60 | 0.61 | 0.93 | -1.37 |
| Price to Book | 11.54 | 4.67 | 4.08 | 4.15 | -7.77 |
| Price to Operating Cash Flow | -18.20 | -8.93 | -7.50 | -11.03 | -29.27 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -13.49 | -11.96 | -20.93 | -7.77 | -11.44 | -24.17 | -7.52 | -13.10 | -21.26 | -4.22 | -8.03 | -12.94 | ||||||||
| Price to Sales | 34.48 | 34.57 | 81.16 | 42.50 | 128.22 | 173.65 | 168.88 | 287.94 | 2020.00 | 100.00 | 337.68 | 646.88 | 711.11 | 1971.01 | 2663.89 | |||||
| Book Value Per Common Share | 0.34 | 0.43 | 0.54 | 0.45 | 0.30 | 0.41 | 0.54 | 0.60 | 1.43 | 0.79 | 0.91 | 0.61 | 0.63 | 0.77 | 0.90 | 0.93 | 1.11 | -0.25 | -0.68 | -1.37 |
| Price to Book | 13.96 | 6.88 | 5.44 | 11.54 | 9.97 | 7.60 | 5.33 | 4.67 | 2.31 | 5.14 | 4.42 | 4.08 | 3.02 | 3.01 | 2.30 | 4.15 | 6.35 | -54.53 | -14.09 | -7.77 |
| Price to Operating Cash Flow | -32.24 | -48.94 | -65.70 | -13.47 | -21.09 | -67.92 | -14.32 | -27.40 | -66.01 | -6.92 | -14.69 | -28.55 | -31.04 | -92.08 | -130.30 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 382.57 | 32.64 | 166.13 | 4.25 | |
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||||||||||
| Revenue YoY | 58.60 | 139.68 | 48.07 | 197.31 | 45.76 | 39.19 | 622.31 | 25.00 | 182.62 | 130.99 | 50.71 | 101.44 | ||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.23 | 0.07 | 0.20 | 0.28 | 0.20 |
| Quick Ratio | 1.52 | 0.93 | 2.08 | 4.98 | 2.34 |
| Current Ratio | 1.79 | 1.37 | 2.21 | 5.26 | 2.56 |
| Debt to Equity | 2.96 | 1.69 | 2.24 | 1.77 | -3.94 |
| Long-Term Debt to Equity | 2.54 | 1.54 | 2.07 | 1.71 | -3.82 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.05 | 0.16 | 0.26 | 0.23 | 0.05 | 0.15 | 0.29 | 0.07 | 0.20 | 0.31 | 0.41 | 0.20 | 0.17 | 0.31 | 0.45 | 0.28 | 0.47 | 0.28 | 0.49 | 0.20 |
| Quick Ratio | 0.87 | 1.49 | 1.90 | 1.52 | 0.74 | 1.29 | 2.43 | 0.93 | 2.31 | 3.71 | 5.11 | 2.08 | 3.15 | 4.09 | 5.04 | 4.98 | 4.31 | 4.81 | 8.07 | 2.34 |
| Current Ratio | 1.26 | 1.81 | 2.19 | 1.79 | 1.36 | 1.89 | 2.86 | 1.37 | 2.80 | 4.02 | 5.43 | 2.21 | 3.56 | 4.35 | 5.24 | 5.26 | 4.47 | 5.33 | 8.42 | 2.56 |
| Debt to Equity | 3.62 | 2.83 | 2.31 | 2.96 | 0.37 | 3.28 | 2.43 | 1.69 | 1.40 | 1.30 | 1.10 | 2.24 | 2.26 | 1.91 | 1.63 | 1.77 | 1.55 | -21.07 | -7.86 | -3.94 |
| Long-Term Debt to Equity | 3.28 | 2.51 | 1.99 | 2.54 | 0.34 | 2.95 | 2.19 | 1.54 | 1.28 | 1.19 | 1.01 | 2.07 | 2.17 | 1.82 | 1.54 | 1.71 | 1.45 | -20.61 | -7.68 | -3.82 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | |||||
| ROE | |||||
| Gross Margin | 24.04 | -45.00 | -37.71 | ||
| Operating Margin | -241.98 | -1330.54 | -1103.40 | -3353.01 | -4457.49 |
| EBITDA Margin | -227.64 | -1261.78 | -1058.63 | -3275.35 | -4387.06 |
| Net Profit Margin |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -19.06 | -12.70 | -6.67 | -13.31 | -21.57 | -14.69 | -17.23 | -9.99 | -21.10 | -17.22 | ||||||||||
| ROE | -87.96 | -48.71 | -9.16 | -57.02 | -51.81 | -33.73 | -56.17 | -29.03 | -53.79 | 345.63 | ||||||||||
| Gross Margin | 30.91 | 33.01 | 29.65 | 12.21 | -13.59 | 10.44 | -13.39 | 15.87 | -25.46 | |||||||||||
| Operating Margin | -162.13 | -187.99 | -255.01 | -342.20 | -725.64 | -437.82 | -1610.25 | -1587.75 | -7065.38 | -1253.51 | -2187.80 | -2665.49 | -3578.20 | -3405.00 | -2300.00 | |||||
| EBITDA Margin | -151.71 | -168.49 | -231.65 | -302.78 | -648.16 | -382.25 | -1459.22 | -1446.43 | -6536.92 | -1200.54 | -2094.82 | -2576.06 | -3426.30 | -3252.50 | -2289.21 | |||||
| Net Profit Margin | -217.25 | -244.68 | -463.46 | -962.18 | -1889.14 | -1890.84 | -1935.28 | -3474.09 | -6005.92 | -6252.14 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 134,494.00 | 107,374.00 | 110,787.00 | 112,493.00 | 74,363.00 |
| Current Assets | 25,786.00 | 8,020.00 | 12,435.00 | 13,214.00 | 8,036.00 |
| Cash and Short-Term Investments | 17,292.00 | 4,502.00 | 11,285.00 | 12,253.00 | 7,290.00 |
| Cash and Cash Equivalents | 17,292.00 | 4,502.00 | 11,285.00 | 12,253.00 | 7,290.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 4,586.00 | 904.00 | 454.00 | 270.00 | 55.00 |
| Inventory | 3,020.00 | 2,106.00 | 0 | 0 | 0 |
| Other Current Assets | 888.00 | 508.00 | 696.00 | 691.00 | 691.00 |
| Non-Current Assets | 108,708.00 | 99,354.00 | 98,352.00 | 99,279.00 | 66,327.00 |
| Property, Plant, Equipment Net | 93,708.00 | 87,648.00 | 84,691.00 | 82,171.00 | 53,496.00 |
| Goodwill | 11,414.00 | 5,714.00 | 5,714.00 | 3,813.00 | 3,813.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 1,976.00 | 2,754.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3,586.00 | 5,992.00 | 7,947.00 | 11,319.00 | 6,264.00 |
| Liabilities | 100,533.00 | 67,407.00 | 76,564.00 | 71,884.00 | 99,664.00 |
| Current Liabilities | 14,406.00 | 5,835.00 | 5,639.00 | 2,513.00 | 3,135.00 |
| Payables and Expenses | 11,546.00 | 3,703.00 | 3,940.00 | 2,382.00 | 1,222.00 |
| Account Payables | 3,549.00 | 2,533.00 | 2,395.00 | 1,574.00 | 548.00 |
| Current Accrued Liabilities | 7,997.00 | 1,170.00 | 1,545.00 | 808.00 | 674.00 |
| Short-Term Debt | 434.00 | 436.00 | 358.00 | 155.00 | 51.00 |
| Other Current Liabilities | 2,426.00 | 1,696.00 | 1,341.00 | -24.00 | 1,862.00 |
| Non-Current Liabilities | 86,127.00 | 61,572.00 | 70,925.00 | 69,371.00 | 96,529.00 |
| Long-Term Debt | 60,181.00 | 38,347.00 | 49,838.00 | 52,991.00 | 95,779.00 |
| Other Non-Current Liabilities | 25,946.00 | 23,225.00 | 21,087.00 | 16,380.00 | 750.00 |
| Equity | 33,961.00 | 39,967.00 | 34,223.00 | 40,609.00 | -25,301.00 |
| Shareholders Equity | 33,961.00 | 39,967.00 | 34,223.00 | 40,609.00 | -50,602.00 |
| Capital Stock | 754.00 | 667.00 | 558.00 | 1.00 | 369.00 |
| Share Premium | 709,303.00 | 679,150.00 | 636,963.00 | 613,572.00 | 513,744.00 |
| Retained Earnings | -676,096.00 | -639,850.00 | -603,298.00 | -573,400.00 | -539,414.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1,976.00 | 2,754.00 |
| Debt | 60,615.00 | 38,783.00 | 50,196.00 | 53,146.00 | 95,830.00 |
| Net Debt | 43,323.00 | 34,281.00 | 38,911.00 | 40,893.00 | 88,540.00 |
| Common Shares Outstanding | 75,353.89 | 66,710.79 | 55,823.81 | 43,656.17 | 36,902.36 |
| Preferred Shares Outstanding | 0.33 | 0.33 | 0.33 | 0.33 | 7.53 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 9,608.00 | 1,991.00 | 1,501.00 | 564.00 | 541.00 |
| Cost Of Revenue | 7,298.00 | 2,887.00 | 2,067.00 | 0 | 0 |
| Gross Profit | 2,310.00 | -896.00 | -566.00 | 0 | 0 |
| Operating Expenses | 48,808.00 | 40,984.00 | 15,996.00 | 0 | 0 |
| Selling, General and Administrative Expenses | 24,345.00 | 18,797.00 | 15,342.00 | 17,653.00 | 11,914.00 |
| Other Operating Expenses | 24,463.00 | 22,187.00 | 654.00 | 0 | 0 |
| Operating Income | -46,498.00 | -41,880.00 | -16,562.00 | -17,512.00 | -11,754.00 |
| Net Non-Operating Income | 15,369.00 | 10,445.00 | -8,263.00 | -12,785.00 | -23,887.00 |
| Interest Income | 0 | 0 | 0 | 0 | 11,559.00 |
| Interest Expense | 7,880.00 | 4,944.00 | 8,263.00 | 11,386.00 | 11,526.00 |
| Net Interest | 0 | 0 | 0 | 0 | 33.00 |
| EBT | -31,129.00 | -31,435.00 | -24,825.00 | -30,297.00 | -35,641.00 |
| Income Tax | 11.00 | 11.00 | 7.00 | 10.00 | 7.00 |
| Equity Method Investments Income | 0 | 0 | 40.00 | -1,942.00 | -4,369.00 |
| Net Income | 0 | 0 | 0 | 0 | 0 |
| EBIT | -23,249.00 | -26,491.00 | -16,562.00 | -18,911.00 | -24,115.00 |
| Deprecation and Amortization | 1,377.00 | 1,369.00 | 672.00 | 438.00 | 381.00 |
| EBITDA | -21,872.00 | -25,122.00 | -15,890.00 | -18,473.00 | -23,734.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0 | 0 |
| Average Shares Outstanding Basic | 0 | 0 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 0 | 0 | 0 | 0 | 34.19 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -21,532.00 | -20,924.00 | -18,599.00 | -15,274.00 | -13,428.00 |
| Operating Net Income | -62,280.00 | -62,892.00 | -49,584.00 | -62,498.00 | -75,634.00 |
| Deprecation and Amortization | 1,377.00 | 1,369.00 | 672.00 | 438.00 | 381.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 4,605.00 | 1,496.00 | 1,876.00 | 4,747.00 | 2,096.00 |
| Change in Working Capital | 7,010.00 | 4,145.00 | 991.00 | 435.00 | -463.00 |
| Other Operating Activities | 27,756.00 | 34,958.00 | 27,446.00 | 41,604.00 | 60,192.00 |
| Investing Cash Flow | -1,184.00 | -5,787.00 | -4,122.00 | -23,472.00 | -9,838.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 934.00 | 5,787.00 | 3,376.00 | 22,908.00 | 5,729.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 750.00 | 0 | 1,000.00 |
| Net Purchase/Sale of Business | 0 | 0 | 213.00 | 564.00 | 3,109.00 |
| Other Investing Activities | -2,118.00 | -11,574.00 | -8,461.00 | -46,944.00 | -19,676.00 |
| Financing Cash Flow | 35,506.00 | 17,565.00 | 16,647.00 | 51,178.00 | 14,874.00 |
| Net Issuance/Repayment of Debt | 20,177.00 | 15,397.00 | 457.00 | 127,732.00 | 193.00 |
| Net Issuance/Repurchase of Equity | 44,235.00 | 76,990.00 | 21,636.00 | 86,668.00 | 14,767.00 |
| Dividends Paid | 5,106.00 | 5,106.00 | 5,106.00 | 1,449.00 | 0 |
| Other Financing Activities | -34,012.00 | -79,928.00 | -10,552.00 | -164,671.00 | -86.00 |
| Net Change in Cash | 12,790.00 | -9,146.00 | -6,074.00 | 12,432.00 | -8,392.00 |
| Cash at Beginning of Period | 4,636.00 | 13,782.00 | 19,856.00 | 0 | 15,816.00 |
| Cash at End of Period | 17,426.00 | 4,636.00 | 13,782.00 | 0 | 7,424.00 |
| 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 | 128,006.00 | 136,379.00 | 145,576.00 | 134,494.00 | 337,659.00 | 118,112.00 | 125,507.00 | 107,374.00 | 114,455.00 | 120,857.00 | 127,547.00 | 110,787.00 | 104,122.00 | 114,097.00 | 119,737.00 | 112,493.00 | 120,107.00 | 101,643.00 | 89,549.00 | 74,363.00 |
| Current Assets | 11,717.00 | 21,039.00 | 30,589.00 | 25,786.00 | 12,005.00 | 17,224.00 | 24,542.00 | 8,020.00 | 16,626.00 | 23,183.00 | 29,457.00 | 12,435.00 | 9,917.00 | 15,591.00 | 21,001.00 | 13,214.00 | 20,844.00 | 12,487.00 | 19,507.00 | 8,036.00 |
| Cash and Short-Term Investments | 4,430.00 | 13,205.00 | 21,569.00 | 17,292.00 | 3,326.00 | 10,102.00 | 19,212.00 | 4,502.00 | 13,306.00 | 20,525.00 | 27,542.00 | 11,285.00 | 8,222.00 | 14,527.00 | 20,084.00 | 12,253.00 | 20,024.00 | 11,186.00 | 18,671.00 | 7,290.00 |
| Cash and Cash Equivalents | 4,430.00 | 13,205.00 | 21,569.00 | 17,292.00 | 3,326.00 | 10,102.00 | 19,212.00 | 4,502.00 | 13,306.00 | 20,525.00 | 27,542.00 | 11,285.00 | 8,222.00 | 14,527.00 | 20,084.00 | 12,253.00 | 20,024.00 | 11,186.00 | 18,671.00 | 7,290.00 |
| 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 | 3,647.00 | 4,090.00 | 4,968.00 | 4,586.00 | 3,243.00 | 1,619.00 | 1,581.00 | 904.00 | 410.00 | 880.00 | 225.00 | 454.00 | 546.00 | 154.00 | 124.00 | 270.00 | 83.00 | 66.00 | 18.00 | 55.00 |
| Inventory | 2,795.00 | 3,011.00 | 3,052.00 | 3,020.00 | 4,346.00 | 4,497.00 | 2,756.00 | 2,106.00 | 2,128.00 | 1,165.00 | 0 | 0 | 335.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 845.00 | 733.00 | 1,000.00 | 888.00 | 1,090.00 | 1,006.00 | 993.00 | 508.00 | 782.00 | 613.00 | 1,690.00 | 696.00 | 814.00 | 910.00 | 793.00 | 691.00 | 737.00 | 1,235.00 | 818.00 | 691.00 |
| Non-Current Assets | 116,289.00 | 115,340.00 | 114,987.00 | 108,708.00 | 325,654.00 | 100,888.00 | 100,965.00 | 99,354.00 | 97,829.00 | 97,674.00 | 98,090.00 | 98,352.00 | 94,205.00 | 98,506.00 | 98,736.00 | 99,279.00 | 99,263.00 | 89,156.00 | 70,042.00 | 66,327.00 |
| Property, Plant, Equipment Net | 97,160.00 | 96,180.00 | 95,765.00 | 93,708.00 | 88,946.00 | 89,255.00 | 89,299.00 | 87,648.00 | 85,999.00 | 85,933.00 | 85,723.00 | 84,691.00 | 80,771.00 | 83,778.00 | 82,656.00 | 82,171.00 | 80,866.00 | 79,392.00 | 57,005.00 | 53,496.00 |
| Goodwill | 5,714.00 | 5,714.00 | 5,714.00 | 11,414.00 | 5,714.00 | 5,714.00 | 5,714.00 | 5,714.00 | 5,714.00 | 5,714.00 | 5,714.00 | 5,714.00 | 3,813.00 | 3,813.00 | 3,813.00 | 3,813.00 | 3,813.00 | 3,813.00 | 3,813.00 | 3,813.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 906.00 | 907.00 | 942.00 | 1,976.00 | 949.00 | 1,044.00 | 1,288.00 | 2,754.00 |
| 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 | 13,415.00 | 13,446.00 | 13,508.00 | 3,586.00 | 230,994.00 | 5,919.00 | 5,952.00 | 5,992.00 | 6,116.00 | 6,027.00 | 6,653.00 | 7,947.00 | 8,715.00 | 10,008.00 | 11,325.00 | 11,319.00 | 13,635.00 | 4,907.00 | 7,936.00 | 6,264.00 |
| Liabilities | 100,273.00 | 100,813.00 | 101,541.00 | 100,533.00 | 91,854.00 | 90,540.00 | 88,896.00 | 67,407.00 | 66,800.00 | 68,223.00 | 66,725.00 | 76,564.00 | 72,183.00 | 74,839.00 | 74,131.00 | 71,884.00 | 72,988.00 | 106,708.00 | 102,601.00 | 99,664.00 |
| Current Liabilities | 9,330.00 | 11,594.00 | 13,988.00 | 14,406.00 | 8,845.00 | 9,117.00 | 8,574.00 | 5,835.00 | 5,930.00 | 5,768.00 | 5,429.00 | 5,639.00 | 2,782.00 | 3,586.00 | 4,006.00 | 2,513.00 | 4,667.00 | 2,341.00 | 2,316.00 | 3,135.00 |
| Payables and Expenses | 9,721.00 | 9,418.00 | 11,668.00 | 11,546.00 | 6,309.00 | 6,778.00 | 7,343.00 | 3,703.00 | 5,345.00 | 5,364.00 | 3,739.00 | 3,940.00 | 3,899.00 | 4,793.00 | 5,169.00 | 2,382.00 | 4,509.00 | 2,273.00 | 2,243.00 | 1,222.00 |
| Account Payables | 4,128.00 | 4,897.00 | 4,642.00 | 3,549.00 | 4,322.00 | 4,469.00 | 5,235.00 | 2,533.00 | 4,161.00 | 3,741.00 | 2,669.00 | 2,395.00 | 2,992.00 | 3,211.00 | 3,630.00 | 1,574.00 | 2,028.00 | 117.00 | 177.00 | 548.00 |
| Current Accrued Liabilities | 5,593.00 | 4,521.00 | 7,026.00 | 7,997.00 | 1,987.00 | 2,309.00 | 2,108.00 | 1,170.00 | 1,184.00 | 1,623.00 | 1,070.00 | 1,545.00 | 907.00 | 1,582.00 | 1,539.00 | 808.00 | 2,481.00 | 2,156.00 | 2,066.00 | 674.00 |
| Short-Term Debt | 455.00 | 464.00 | 441.00 | 434.00 | 324.00 | 326.00 | 328.00 | 436.00 | 312.00 | 244.00 | 240.00 | 358.00 | 148.00 | 83.00 | 107.00 | 155.00 | 182.00 | 93.00 | 99.00 | 51.00 |
| Other Current Liabilities | -846.00 | 1,712.00 | 1,879.00 | 2,426.00 | 2,212.00 | 2,013.00 | 903.00 | 1,696.00 | 273.00 | 160.00 | 1,450.00 | 1,341.00 | -1,265.00 | -1,290.00 | -1,270.00 | -24.00 | -24.00 | -25.00 | -26.00 | 1,862.00 |
| Non-Current Liabilities | 90,943.00 | 89,219.00 | 87,553.00 | 86,127.00 | 83,009.00 | 81,423.00 | 80,322.00 | 61,572.00 | 60,870.00 | 62,455.00 | 61,296.00 | 70,925.00 | 69,401.00 | 71,253.00 | 70,125.00 | 69,371.00 | 68,321.00 | 104,367.00 | 100,285.00 | 96,529.00 |
| Long-Term Debt | 62,987.00 | 61,952.00 | 60,966.00 | 60,181.00 | 57,675.00 | 56,700.00 | 56,203.00 | 38,347.00 | 37,748.00 | 37,308.00 | 37,038.00 | 49,838.00 | 48,353.00 | 50,689.00 | 50,039.00 | 52,991.00 | 52,295.00 | 88,694.00 | 84,991.00 | 95,779.00 |
| Other Non-Current Liabilities | 27,956.00 | 27,267.00 | 26,587.00 | 25,946.00 | 25,334.00 | 24,723.00 | 24,119.00 | 23,225.00 | 23,122.00 | 25,147.00 | 24,258.00 | 21,087.00 | 21,048.00 | 20,564.00 | 20,086.00 | 16,380.00 | 16,026.00 | 15,673.00 | 15,294.00 | 750.00 |
| Equity | 27,733.00 | 35,566.00 | 44,035.00 | 33,961.00 | 245,805.00 | 27,572.00 | 36,611.00 | 39,967.00 | 47,655.00 | 52,634.00 | 60,822.00 | 34,223.00 | 31,939.00 | 39,258.00 | 45,606.00 | 40,609.00 | 47,119.00 | -5,065.00 | -13,052.00 | -25,301.00 |
| Shareholders Equity | 27,733.00 | 35,566.00 | 44,035.00 | 33,961.00 | 20,699.00 | 27,572.00 | 36,611.00 | 39,967.00 | 95,290.00 | 52,634.00 | 60,822.00 | 34,223.00 | 31,939.00 | 39,258.00 | 45,606.00 | 40,609.00 | 47,119.00 | -10,130.00 | -26,104.00 | -50,602.00 |
| Capital Stock | 820.00 | 819.00 | 818.00 | 754.00 | 681.00 | 678.00 | 673.00 | 667.00 | 666.00 | 666.00 | 665.00 | 558.00 | 508.00 | 508.00 | 508.00 | 1.00 | 425.00 | 406.00 | 383.00 | 369.00 |
| Share Premium | 709,349.00 | 710,111.00 | 730,171.00 | 709,303.00 | 686,201.00 | 685,019.00 | 683,903.00 | 679,150.00 | 678,796.00 | 675,574.00 | 675,411.00 | 636,963.00 | 626,589.00 | 626,098.00 | 625,675.00 | 613,572.00 | 612,902.00 | 551,449.00 | 531,923.00 | 513,744.00 |
| Retained Earnings | -682,436.00 | -675,364.00 | -686,954.00 | -676,096.00 | -666,183.00 | -658,125.00 | -647,965.00 | -639,850.00 | -631,807.00 | -623,606.00 | -615,254.00 | -603,298.00 | -595,158.00 | -587,348.00 | -580,577.00 | -573,400.00 | -566,208.00 | -556,920.00 | -545,358.00 | -539,414.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 906.00 | 907.00 | 942.00 | 1,976.00 | 949.00 | 1,044.00 | 1,288.00 | 2,754.00 |
| Debt | 63,442.00 | 62,416.00 | 61,407.00 | 60,615.00 | 57,999.00 | 57,026.00 | 56,531.00 | 38,783.00 | 38,060.00 | 37,552.00 | 37,278.00 | 50,196.00 | 48,501.00 | 50,772.00 | 50,146.00 | 53,146.00 | 52,477.00 | 88,787.00 | 85,090.00 | 95,830.00 |
| Net Debt | 59,012.00 | 49,211.00 | 39,838.00 | 43,323.00 | 54,673.00 | 46,924.00 | 37,319.00 | 34,281.00 | 24,754.00 | 17,027.00 | 9,736.00 | 38,911.00 | 40,279.00 | 36,245.00 | 30,062.00 | 40,893.00 | 32,453.00 | 77,601.00 | 66,419.00 | 88,540.00 |
| Common Shares Outstanding | 82,025.59 | 81,896.38 | 81,785.01 | 75,353.89 | 68,096.16 | 67,800.19 | 67,283.57 | 66,710.79 | 66,604.98 | 66,595.61 | 66,541.26 | 55,823.81 | 50,793.57 | 50,770.28 | 50,750.30 | 43,656.17 | 42,508.40 | 40,618.40 | 38,342.95 | 36,902.36 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 | 3.16 | 6.28 | 7.53 | 7.53 |
| 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 | 11,229.00 | 7,080.00 | 2,954.00 | 1,995.00 | 4,858.00 | 1,634.00 | 1,121.00 | -385.00 | 1,307.00 | 939.00 | 130.00 | 104.00 | 927.00 | 328.00 | 142.00 | -277.00 | 422.00 | 280.00 | 139.00 |
| Cost Of Revenue | 7,758.00 | 4,743.00 | 2,078.00 | 173.00 | 4,265.00 | 1,856.00 | 1,004.00 | 615.00 | 1,482.00 | 790.00 | 0 | 904.00 | 1,163.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 3,471.00 | 2,337.00 | 876.00 | 1,822.00 | 593.00 | -222.00 | 117.00 | -870.00 | -175.00 | 149.00 | 0 | -330.00 | -236.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 39,883.00 | 28,957.00 | 15,942.00 | -18,458.00 | 33,841.00 | 23,492.00 | 9,933.00 | -9,452.00 | 30,815.00 | 19,621.00 | 0 | 4,612.00 | 11,384.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 20,768.00 | 15,042.00 | 8,107.00 | -7,730.00 | 16,310.00 | 11,035.00 | 4,730.00 | -8,785.00 | 14,378.00 | 9,251.00 | 3,953.00 | -6,586.00 | 10,911.00 | 7,211.00 | 3,806.00 | -8,998.00 | 13,810.00 | 9,608.00 | 3,233.00 |
| Other Operating Expenses | 19,115.00 | 13,915.00 | 7,835.00 | -10,728.00 | 17,531.00 | 12,457.00 | 5,203.00 | -4,620.00 | 16,437.00 | 10,370.00 | 0 | 181.00 | 473.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -36,412.00 | -26,620.00 | -15,066.00 | 20,280.00 | -33,248.00 | -23,714.00 | -9,816.00 | 16,886.00 | -30,990.00 | -19,472.00 | -8,304.00 | -1,149.82 | -11,620.00 | -7.18 | -3,785.00 | 8,920.00 | -13,701.00 | -9,534.00 | -3,197.00 |
| Net Non-Operating Income | 12,025.00 | 9,302.00 | 5,476.00 | -6,338.00 | 10,741.00 | 7,997.00 | 2,969.00 | 4,802.00 | 6,307.00 | 1,721.00 | -2,385.00 | 11,087.82 | -6,144.00 | -11,215.82 | -1,991.00 | 7,956.00 | -10,799.00 | -7,400.00 | -2,542.00 |
| Interest Expense | 6,181.00 | 4,008.00 | 2,057.00 | -3,802.00 | 5,883.00 | 3,860.00 | 1,939.00 | -3,039.00 | 3,637.00 | 2,842.00 | 1,504.00 | -3,919.00 | 6,144.00 | 4,047.00 | 1,991.00 | -7,956.00 | 9,400.00 | 7,400.00 | 2,542.00 |
| EBT | -24,387.00 | -17,318.00 | -9,590.00 | 13,942.00 | -22,507.00 | -15,717.00 | -6,847.00 | 21,688.00 | -24,683.00 | -17,751.00 | -10,689.00 | 9,938.00 | -17,764.00 | -11,223.00 | -5,776.00 | 16,876.00 | -24,500.00 | -16,934.00 | -5,739.00 |
| Income Tax | 0.00 | 0.00 | 0.00 | -5.00 | 8.00 | 5.00 | 3.00 | -3.00 | 8.00 | 4.00 | 2.00 | -3.00 | 5.00 | 3.00 | 2.00 | 0.00 | 5.00 | 3.00 | 2.00 |
| Equity Method Investments Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 514.00 | -171.00 | -169.00 | -134.00 | -330.00 | -840.00 | -569.00 | -203.00 |
| Net Income | -24,395.00 | -17,323.00 | 0 | 0 | -22,515.00 | -15,722.00 | 0 | 0 | -24,691.00 | -17,755.00 | 0 | 0 | -17,940.00 | -11,395.00 | 0 | 0 | -25,345.00 | -17,506.00 | 0 |
| EBIT | -18,206.00 | -13,310.00 | -7,533.00 | 10,140.00 | -16,624.00 | -11,857.00 | -4,908.00 | 18,649.00 | -21,046.00 | -14,909.00 | -9,185.00 | 6,019.00 | -11,620.00 | -7,176.00 | -3,785.00 | 8,920.00 | -15,100.00 | -9,534.00 | -3,197.00 |
| Deprecation and Amortization | 1,170.00 | 1,381.00 | 690.00 | -2,427.00 | 1,915.00 | 1,266.00 | 623.00 | -2,619.00 | 1,974.00 | 1,327.00 | 687.00 | -251.00 | 491.00 | 305.00 | 127.00 | -645.00 | 641.00 | 427.00 | 15.00 |
| EBITDA | -17,036.00 | -11,929.00 | -6,843.00 | 7,713.00 | -14,709.00 | -10,591.00 | -4,285.00 | 16,030.00 | -19,072.00 | -13,582.00 | -8,498.00 | 5,768.00 | -11,129.00 | -6,871.00 | -3,658.00 | 8,275.00 | -14,459.00 | -9,107.00 | -3,182.00 |
| 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 | 0 |
| Diluted EPS | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 46,913.67 | 48,689.00 | 47,619.00 | 44,433.00 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 12.61 | 0 | 0 | 37.83 |
| 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 | 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 | -12,010.00 | -5,000.00 | -3,644.00 | 6,599.00 | -15,322.00 | -9,936.00 | -2,873.00 | 8,418.00 | -15,402.00 | -9,871.00 | -4,069.00 | 5,547.00 | -13,374.00 | -7,550.00 | -3,222.00 | 3,191.00 | -9,643.00 | -5,999.00 | -2,823.00 |
| Operating Net Income | -24,395.00 | -17,323.00 | -19,186.00 | -10,343.00 | -22,515.00 | -15,722.00 | -13,700.00 | 936.00 | -24,691.00 | -17,755.00 | -21,382.00 | -8,425.00 | -17,940.00 | -11,395.00 | -11,824.00 | -7,759.00 | -25,345.00 | -17,506.00 | -11,888.00 |
| Deprecation and Amortization | 1,170.00 | 1,381.00 | 690.00 | -2,427.00 | 1,915.00 | 1,266.00 | 623.00 | -2,619.00 | 1,974.00 | 1,327.00 | 687.00 | -251.00 | 491.00 | 305.00 | 127.00 | -645.00 | 641.00 | 427.00 | 15.00 |
| 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 | 3,822.00 | 3,319.00 | 2,769.00 | -2,600.00 | 3,566.00 | 2,380.00 | 1,259.00 | -461.00 | 1,142.00 | 489.00 | 326.00 | -761.00 | 1,348.00 | 856.00 | 433.00 | -2,976.00 | 4,136.00 | 3,440.00 | 147.00 |
| Change in Working Capital | -401.00 | 3,372.00 | 2,172.00 | -12,104.00 | 8,011.00 | 6,694.00 | 4,409.00 | -4,867.00 | 4,350.00 | 3,313.00 | 1,349.00 | -2,706.00 | 1,125.00 | 1,132.00 | 1,440.00 | -3,259.00 | 905.00 | 1,219.00 | 1,570.00 |
| Other Operating Activities | 7,794.00 | 4,251.00 | 9,911.00 | 34,073.00 | -6,299.00 | -4,554.00 | 4,536.00 | 15,429.00 | 1,823.00 | 2,755.00 | 14,951.00 | 17,690.00 | 1,602.00 | 1,552.00 | 6,602.00 | 17,830.00 | 10,020.00 | 6,421.00 | 7,333.00 |
| Investing Cash Flow | -11,250.00 | -10,800.00 | -6,289.00 | -9.00 | -522.00 | -467.00 | -186.00 | 3,447.00 | -3,815.00 | -3,213.00 | -2,206.00 | 889.00 | -2,533.00 | -1,848.00 | -630.00 | 19,143.00 | -21,529.00 | -20,436.00 | -650.00 |
| 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 | 6,250.00 | 5,800.00 | 1,289.00 | -241.00 | 522.00 | 467.00 | 186.00 | -3,447.00 | 3,815.00 | 3,213.00 | 2,206.00 | -1,334.00 | 2,432.00 | 1,748.00 | 530.00 | -37,876.00 | 21,094.00 | 39,177.00 | 513.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -88.00 | 101.00 | 100.00 | 100.00 | -267.00 | 435.00 | 259.00 | 137.00 |
| Other Investing Activities | -17,500.00 | -16,600.00 | -7,578.00 | 232.00 | -1,044.00 | -934.00 | -372.00 | 6,894.00 | -7,630.00 | -6,426.00 | -4,412.00 | 1,561.00 | -5,066.00 | -3,696.00 | -1,260.00 | 57,286.00 | -43,058.00 | -59,872.00 | -1,300.00 |
| Financing Cash Flow | 13,023.00 | 14,338.00 | 16,835.00 | -12,934.00 | 14,668.00 | 16,003.00 | 17,769.00 | -42,538.00 | 18,875.00 | 19,961.00 | 21,267.00 | -10,948.00 | 8,058.00 | 9,119.00 | 10,418.00 | -46,670.00 | 52,663.00 | 30,331.00 | 14,854.00 |
| Net Issuance/Repayment of Debt | 99.00 | 72.00 | 40.00 | -40,118.00 | 20,145.00 | 20,098.00 | 20,052.00 | -30,090.00 | 15,352.00 | 15,088.00 | 15,047.00 | -39.00 | 392.00 | 69.00 | 35.00 | -4.00 | 127,696.00 | 27.00 | 13.00 |
| Net Issuance/Repurchase of Equity | 18,335.00 | 18,335.00 | 18,335.00 | 44,235.00 | 0 | 0 | 0 | -38,480.00 | 38,490.00 | 38,490.00 | 38,490.00 | -13,587.00 | 11,741.00 | 11,741.00 | 11,741.00 | -70,929.00 | 86,672.00 | 30,358.00 | 40,567.00 |
| Dividends Paid | 24,449.00 | 21,873.00 | 1,288.00 | -2,576.00 | 3,841.00 | 2,553.00 | 1,288.00 | -2,576.00 | 3,841.00 | 2,553.00 | 1,288.00 | -2,576.00 | 3,841.00 | 2,553.00 | 1,288.00 | 1,449.00 | 0 | 0 | 0 |
| Other Financing Activities | -29,860.00 | -25,942.00 | -2,828.00 | -14,475.00 | -9,318.00 | -6,648.00 | -3,571.00 | 28,608.00 | -38,808.00 | -36,170.00 | -33,558.00 | 5,254.00 | -7,916.00 | -5,244.00 | -2,646.00 | 22,814.00 | -161,705.00 | -54.00 | -25,726.00 |
| Net Change in Cash | -10,237.00 | -1,462.00 | 6,902.00 | -6,344.00 | -1,176.00 | 5,600.00 | 14,710.00 | -30,673.00 | -342.00 | 6,877.00 | 14,992.00 | -4,512.00 | -7,849.00 | -279.00 | 6,566.00 | -24,336.00 | 21,491.00 | 3,896.00 | 11,381.00 |
| Cash at Beginning of Period | 0 | 0 | 0 | 23,770.00 | 0 | 0 | 0 | 35,309.00 | 0 | 0 | 0 | 18,294.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 |
| Cash at End of Period | 0 | 0 | 0 | 17,426.00 | 0 | 0 | 0 | 4,636.00 | 0 | 0 | 0 | 13,782.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |