CGEM
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -0.40 | -2.76 | 4.29 | |
| Price to Sales | 36.08 | |||
| Book Value Per Common Share | 10.09 | 10.58 | 11.68 | 9.59 |
| Price to Book | 1.21 | 0.96 | 0.90 | 1.61 |
| Price to Operating Cash Flow | -4.56 | -3.15 | -3.76 | -15.74 |
| Price to Free Cash Flow | ||||
| Enterprise Value to EBITDA | 31907.37 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -0.21 | -0.38 | -0.93 | -7.28 | -10.83 | -19.81 | -2.87 | -4.80 | -7.20 | 4.18 | 3.51 | ||||||||
| Price to Sales | 52.02 | 59.17 | 95.73 | ||||||||||||||||
| Book Value Per Common Share | 7.64 | 8.33 | 9.40 | 10.09 | 10.80 | 11.34 | 9.88 | 10.58 | 10.96 | 11.69 | 12.34 | 11.68 | 12.81 | 13.32 | 9.38 | 9.59 | 10.16 | 10.47 | 10.73 |
| Price to Book | 0.78 | 0.90 | 0.81 | 1.21 | 1.55 | 1.54 | 1.72 | 0.96 | 0.83 | 0.92 | 0.83 | 0.90 | 1.00 | 0.96 | 1.12 | 1.61 | 2.22 | 2.46 | 3.88 |
| Price to Operating Cash Flow | -2.57 | -4.45 | -10.45 | -8.03 | -11.47 | -19.16 | -3.20 | -5.29 | -8.16 | -5.67 | -12.10 | -21.34 | -34.87 | -63.28 | -1197.41 | ||||
| Price to Free Cash Flow | |||||||||||||||||||
| Enterprise Value to EBITDA | 32522.55 | 28017.38 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | ||||
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | -15.89 | ||||||||||||||||||
| Revenue YoY | 0.00 | 0.00 | |||||||||||||||||
| EBITDA YoY | -13.19 | ||||||||||||||||||
| Net Profit YoY | -15.24 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 7.33 | 11.24 | 10.35 | 6.56 |
| Quick Ratio | ||||
| Current Ratio | 13.53 | 17.07 | 21.09 | 25.25 |
| Debt to Equity | 0.05 | 0.07 | 0.05 | 0.03 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.01 | 0.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 5.58 | 4.45 | 5.10 | 6.82 | 11.08 | 13.51 | 10.07 | 10.89 | 11.34 | 12.20 | 9.60 | 10.20 | 12.81 | 13.68 | 7.05 | 6.56 | 7.35 | 7.74 | 10.13 |
| Quick Ratio | |||||||||||||||||||
| Current Ratio | 10.45 | 9.83 | 11.62 | 13.53 | 24.46 | 28.87 | 20.33 | 17.07 | 20.33 | 25.32 | 15.25 | 21.09 | 21.47 | 10.04 | 18.68 | 25.25 | 41.82 | 59.98 | 45.21 |
| Debt to Equity | 0.07 | 0.06 | 0.05 | 0.05 | 0.04 | 0.04 | 0.06 | 0.07 | 0.06 | 0.04 | 0.06 | 0.05 | 0.05 | 0.10 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -2.89 | -31.63 | 19.82 | -15.00 |
| ROE | -3.05 | -33.74 | 20.79 | -15.41 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | -346.14 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -3.46 | -2.25 | -0.83 | -18.33 | -11.62 | -8.27 | -26.15 | -17.28 | -11.26 | 22.36 | 24.40 | -2.77 | -7.29 | -3.38 | -0.01 | ||||
| ROE | -3.71 | -2.38 | -0.87 | -19.07 | -12.07 | -8.73 | -27.59 | -18.05 | -11.94 | 23.54 | 26.93 | -2.88 | -7.42 | -3.43 | -0.01 | ||||
| Gross Margin | |||||||||||||||||||
| Operating Margin | |||||||||||||||||||
| EBITDA Margin | |||||||||||||||||||
| Net Profit Margin | -174.50 | -82.91 | -0.37 |
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 621,824.00 | 484,182.00 | 561,117.00 | 437,185.00 |
| Current Assets | 414,668.00 | 480,191.00 | 474,472.00 | 296,564.00 |
| Cash and Short-Term Investments | 399,000.00 | 467,067.00 | 467,292.00 | 290,466.00 |
| Cash and Cash Equivalents | 83,005.00 | 98,434.00 | 156,152.00 | 59,774.00 |
| Short-Term Investments | 315,972.00 | 368,633.00 | 311,140.00 | 230,692.00 |
| Net Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 15,668.00 | 13,124.00 | 7,180.00 | 6,098.00 |
| Non-Current Assets | 207,156.00 | 3,991.00 | 86,645.00 | 140,621.00 |
| Property, Plant, Equipment Net | 2,350.00 | 3,532.00 | 5,304.00 | 77.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 204,440.00 | 0 | 80,882.00 | 140,397.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 366.00 | 459.00 | 459.00 | 147.00 |
| Liabilities | 31,496.00 | 30,287.00 | 26,088.00 | 11,811.00 |
| Current Liabilities | 30,647.00 | 28,137.00 | 22,498.00 | 11,746.00 |
| Payables and Expenses | 29,345.00 | 26,697.00 | 16,795.00 | 11,746.00 |
| Account Payables | 1,682.00 | 2,493.00 | 2,660.00 | 3,169.00 |
| Current Accrued Liabilities | 27,663.00 | 24,204.00 | 14,135.00 | 8,577.00 |
| Short-Term Debt | 1,302.00 | 1,440.00 | 1,421.00 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 4,282.00 | 0.00 |
| Non-Current Liabilities | 849.00 | 2,150.00 | 3,590.00 | 65.00 |
| Long-Term Debt | 849.00 | 2,150.00 | 3,590.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 0.00 | 0 |
| Equity | 590,328.00 | 453,895.00 | 535,029.00 | 425,374.00 |
| Shareholders Equity | 590,328.00 | 453,703.00 | 535,029.00 | 424,971.00 |
| Capital Stock | 6.00 | 4.00 | 5.00 | 4.00 |
| Share Premium | 958,695.00 | 654,685.00 | 585,320.00 | 584,714.00 |
| Retained Earnings | -368,240.00 | -200,857.00 | -47,695.00 | -158,909.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -133.00 | -129.00 | -2,601.00 | -838.00 |
| Minority Interest | 0 | 192.00 | 0 | 403.00 |
| Investments | 520,412.00 | 368,633.00 | 392,022.00 | 371,089.00 |
| Debt | 2,151.00 | 3,590.00 | 5,011.00 | 0 |
| Common Shares Outstanding | 58,510.61 | 42,900.08 | 45,796.45 | 44,292.10 |
| Preferred Shares Outstanding | 647.50 | 647.50 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 0 | 0 | 0.00 | 18,943.00 |
| Operating Expenses | 196,919.00 | 190,649.00 | 132,137.00 | 86,897.00 |
| Selling, General and Administrative Expenses | 56,116.00 | 42,493.00 | 40,189.00 | 29,146.00 |
| Research and Development Expenses | 344,651.00 | 156,356.00 | 96,348.00 | 63,985.00 |
| Other Operating Expenses | -203,848.00 | -8,200.00 | -4,400.00 | -6,234.00 |
| Operating Income | -196,919.00 | -191,089.00 | 144,648.00 | -67,954.00 |
| Net Non-Operating Income | 29,461.00 | 21,866.00 | 6,668.00 | 0 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 29,660.00 | 21,627.00 | 6,611.00 | 477.00 |
| EBT | -167,458.00 | -169,223.00 | 151,316.00 | 0 |
| Income Tax | 117.00 | 14,122.00 | 42,121.00 | 0.00 |
| Net Income Including Non-Controlling Interests | -22,006.00 | -151,223.00 | 111,333.00 | -69,855.00 |
| Net Income Non-Controlling Interests | 4,016.00 | -1,939.00 | -119.00 | 4,285.00 |
| Net Income | -17,990.00 | -153,162.00 | 111,214.00 | -65,570.00 |
| EBIT | -167,458.00 | -169,223.00 | 151,316.00 | 0 |
| Deprecation and Amortization | 306.00 | 310.00 | 93.00 | 53.00 |
| EBITDA | -167,152.00 | -168,913.00 | 151,409.00 | 0 |
| EPS | -0.03 | -0.00 | 0.00 | 0 |
| Diluted EPS | -0.03 | -0.00 | 0.00 | 0 |
| Average Shares Outstanding Basic | 54,419.00 | 41,550.00 | 45,164.00 | 0 |
| Average Shares Outstanding Diluted | 54,419.00 | 41,550.00 | 46,640.00 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -145,303.00 | -134,275.00 | -126,664.00 | -43,433.00 |
| Operating Net Income | -502,725.00 | -310,202.00 | 109,195.00 | -134,970.00 |
| Deprecation and Amortization | 306.00 | 310.00 | 93.00 | 53.00 |
| Deferred Income Tax | 3,000.00 | 5,400.00 | 0 | 0 |
| Share Based Compensation | 37,824.00 | 30,438.00 | 27,957.00 | 24,375.00 |
| Change in Working Capital | 1,660.00 | 1,495.00 | 4,903.00 | -1,566.00 |
| Other Operating Activities | 314,632.00 | 138,284.00 | -268,812.00 | 68,675.00 |
| Investing Cash Flow | -136,314.00 | 35,806.00 | 248,975.00 | -333,775.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 208.00 | 1,224.00 | 0 |
| Net Purchase/Sale of Investments Net | 1,305,948.00 | 782,780.00 | 730,849.00 | 717,851.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,442,262.00 | -747,182.00 | -483,098.00 | -1,051,626.00 |
| Financing Cash Flow | 266,188.00 | 40,751.00 | -25,933.00 | 268,784.00 |
| Net Issuance/Repayment of Debt | 0 | 2,200.00 | 2,200.00 | 0 |
| Net Issuance/Repurchase of Equity | 262,652.00 | 40,213.00 | 8,395.00 | 270,549.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 3,536.00 | -1,662.00 | -36,528.00 | -1,765.00 |
| Net Change in Cash | -15,429.00 | -57,718.00 | 96,378.00 | -108,424.00 |
| Cash at Beginning of Period | 98,434.00 | 156,152.00 | 59,774.00 | 168,198.00 |
| Cash at End of Period | 83,005.00 | 98,434.00 | 156,152.00 | 59,774.00 |
| Free Cash Flow | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 484,126.00 | 520,329.00 | 579,681.00 | 621,824.00 | 653,254.00 | 681,216.00 | 449,430.00 | 484,182.00 | 494,707.00 | 521,984.00 | 514,990.00 | 561,117.00 | 617,237.00 | 667,249.00 | 437,463.00 | 437,185.00 | 453,404.00 | 464,353.00 | 479,666.00 |
| Current Assets | 342,235.00 | 275,911.00 | 317,772.00 | 414,668.00 | 592,039.00 | 677,799.00 | 445,721.00 | 480,191.00 | 476,712.00 | 498,235.00 | 399,031.00 | 474,472.00 | 582,075.00 | 622,841.00 | 322,312.00 | 296,564.00 | 328,838.00 | 344,467.00 | 447,293.00 |
| Cash and Short-Term Investments | 332,600.00 | 265,500.00 | 303,800.00 | 399,000.00 | 578,100.00 | 662,495.00 | 433,011.00 | 467,067.00 | 466,430.00 | 491,798.00 | 390,700.00 | 467,292.00 | 575,951.00 | 610,995.00 | 314,854.00 | 290,466.00 | 321,044.00 | 336,705.00 | 440,874.00 |
| Cash and Cash Equivalents | 103,335.00 | 72,820.00 | 76,655.00 | 83,005.00 | 102,085.00 | 115,021.00 | 74,228.00 | 98,434.00 | 64,847.00 | 141,834.00 | 122,128.00 | 156,152.00 | 242,657.00 | 353,563.00 | 76,118.00 | 59,774.00 | 88,105.00 | 123,670.00 | 293,537.00 |
| Short-Term Investments | 229,261.00 | 192,662.00 | 227,172.00 | 315,972.00 | 475,993.00 | 547,474.00 | 358,783.00 | 368,633.00 | 401,583.00 | 349,964.00 | 268,572.00 | 311,140.00 | 333,294.00 | 257,432.00 | 238,736.00 | 230,692.00 | 232,939.00 | 213,035.00 | 147,337.00 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 9,635.00 | 10,411.00 | 13,972.00 | 15,668.00 | 13,939.00 | 15,304.00 | 12,710.00 | 13,124.00 | 10,282.00 | 6,437.00 | 8,331.00 | 7,180.00 | 6,124.00 | 11,846.00 | 7,458.00 | 6,098.00 | 7,794.00 | 7,762.00 | 6,419.00 |
| Non-Current Assets | 141,891.00 | 244,418.00 | 261,909.00 | 207,156.00 | 61,215.00 | 3,417.00 | 3,709.00 | 3,991.00 | 17,995.00 | 23,749.00 | 115,959.00 | 86,645.00 | 35,162.00 | 44,408.00 | 115,151.00 | 140,621.00 | 124,566.00 | 119,886.00 | 32,373.00 |
| Property, Plant, Equipment Net | 1,535.00 | 1,749.00 | 2,157.00 | 2,350.00 | 2,779.00 | 2,957.00 | 3,249.00 | 3,532.00 | 3,991.00 | 4,659.00 | 5,058.00 | 5,304.00 | 6,599.00 | 2,437.00 | 2,569.00 | 77.00 | 89.00 | 102.00 | 115.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 139,995.00 | 242,302.00 | 259,386.00 | 204,440.00 | 57,976.00 | 0 | 0 | 0 | 13,545.00 | 18,631.00 | 110,442.00 | 80,882.00 | 29,414.00 | 43,182.00 | 94,178.00 | 140,397.00 | 124,330.00 | 119,637.00 | 32,111.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 361.00 | 367.00 | 366.00 | 366.00 | 460.00 | 460.00 | 460.00 | 459.00 | 459.00 | 459.00 | 459.00 | 459.00 | -851.00 | -1,211.00 | 18,404.00 | 147.00 | 147.00 | 147.00 | 147.00 |
| Liabilities | 32,757.00 | 28,183.00 | 27,842.00 | 31,496.00 | 25,392.00 | 24,995.00 | 23,765.00 | 30,287.00 | 25,890.00 | 22,410.00 | 29,341.00 | 26,088.00 | 31,109.00 | 62,631.00 | 17,993.00 | 11,811.00 | 7,930.00 | 5,813.00 | 9,967.00 |
| Current Liabilities | 32,757.00 | 28,058.00 | 27,349.00 | 30,647.00 | 24,204.00 | 23,476.00 | 21,925.00 | 28,137.00 | 23,444.00 | 19,676.00 | 26,171.00 | 22,498.00 | 27,117.00 | 62,035.00 | 17,257.00 | 11,746.00 | 7,863.00 | 5,743.00 | 9,894.00 |
| Payables and Expenses | 31,569.00 | 26,664.00 | 26,002.00 | 29,345.00 | 22,946.00 | 22,261.00 | 20,596.00 | 26,697.00 | 21,897.00 | 18,024.00 | 20,410.00 | 16,795.00 | 15,023.00 | 15,000.00 | 16,738.00 | 11,746.00 | 7,863.00 | 5,743.00 | 9,894.00 |
| Account Payables | 1,722.00 | 2,461.00 | 3,401.00 | 1,682.00 | 2,115.00 | 1,555.00 | 3,707.00 | 2,493.00 | 951.00 | 2,493.00 | 2,031.00 | 2,660.00 | 1,516.00 | 3,099.00 | 6,306.00 | 3,169.00 | 2,024.00 | 1,510.00 | 3,879.00 |
| Current Accrued Liabilities | 29,847.00 | 24,203.00 | 22,601.00 | 27,663.00 | 20,831.00 | 20,706.00 | 16,889.00 | 24,204.00 | 20,946.00 | 15,531.00 | 18,379.00 | 14,135.00 | 13,507.00 | 11,901.00 | 10,432.00 | 8,577.00 | 5,839.00 | 4,233.00 | 6,015.00 |
| Short-Term Debt | 1,188.00 | 1,394.00 | 1,347.00 | 1,302.00 | 1,258.00 | 1,215.00 | 1,329.00 | 1,440.00 | 1,547.00 | 1,652.00 | 1,554.00 | 1,421.00 | 1,201.00 | 1,038.00 | 1,024.00 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,207.00 | 4,282.00 | 10,893.00 | 45,997.00 | -505.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 0.00 | 125.00 | 493.00 | 849.00 | 1,188.00 | 1,519.00 | 1,840.00 | 2,150.00 | 2,446.00 | 2,734.00 | 3,170.00 | 3,590.00 | 3,992.00 | 596.00 | 736.00 | 65.00 | 67.00 | 70.00 | 73.00 |
| Long-Term Debt | 0 | 125.00 | 493.00 | 849.00 | 1,188.00 | 1,519.00 | 1,840.00 | 2,150.00 | 2,446.00 | 2,734.00 | 3,170.00 | 3,590.00 | 4,863.00 | 1,467.00 | 1,607.00 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -871.00 | -871.00 | -871.00 | 0 | 0 | 0 | 0 |
| Equity | 451,369.00 | 492,146.00 | 551,839.00 | 590,328.00 | 627,862.00 | 656,221.00 | 425,665.00 | 453,895.00 | 468,817.00 | 499,574.00 | 485,649.00 | 535,029.00 | 586,128.00 | 604,618.00 | 419,470.00 | 425,374.00 | 445,474.00 | 458,540.00 | 469,699.00 |
| Shareholders Equity | 451,369.00 | 492,146.00 | 551,839.00 | 590,328.00 | 627,862.00 | 656,221.00 | 425,665.00 | 453,703.00 | 468,817.00 | 499,574.00 | 485,649.00 | 535,029.00 | 586,128.00 | 604,538.00 | 418,702.00 | 424,971.00 | 443,386.00 | 455,549.00 | 466,901.00 |
| Capital Stock | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Share Premium | 987,796.00 | 978,329.00 | 968,069.00 | 958,695.00 | 947,479.00 | 936,724.00 | 663,997.00 | 654,685.00 | 646,918.00 | 639,066.00 | 592,544.00 | 585,320.00 | 610,965.00 | 604,275.00 | 592,839.00 | 584,714.00 | 569,835.00 | 564,705.00 | 560,366.00 |
| Retained Earnings | -537,406.00 | -486,796.00 | -416,741.00 | -368,240.00 | -320,593.00 | -280,033.00 | -238,005.00 | -200,857.00 | -177,054.00 | -137,871.00 | -105,657.00 | -47,695.00 | -20,913.00 | 3,891.00 | -171,007.00 | -158,909.00 | -126,395.00 | -109,045.00 | -93,409.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 973.00 | 607.00 | 505.00 | -133.00 | 970.00 | -476.00 | -331.00 | -129.00 | -1,051.00 | -1,625.00 | -1,242.00 | -2,601.00 | -3,929.00 | -3,633.00 | -3,134.00 | -838.00 | -58.00 | -115.00 | -60.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 192.00 | 0 | 0 | 0 | 0 | 0 | 80.00 | 768.00 | 403.00 | 2,088.00 | 2,991.00 | 2,798.00 |
| Investments | 369,256.00 | 434,964.00 | 486,558.00 | 520,412.00 | 533,969.00 | 547,474.00 | 358,783.00 | 368,633.00 | 415,128.00 | 368,595.00 | 379,014.00 | 392,022.00 | 362,708.00 | 300,614.00 | 332,914.00 | 371,089.00 | 357,269.00 | 332,672.00 | 179,448.00 |
| Debt | 1,188.00 | 1,519.00 | 1,840.00 | 2,151.00 | 2,446.00 | 2,734.00 | 3,169.00 | 3,590.00 | 3,993.00 | 4,386.00 | 4,724.00 | 5,011.00 | 6,064.00 | 2,505.00 | 2,631.00 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 59,076.26 | 59,074.39 | 58,698.92 | 58,510.61 | 58,141.13 | 57,871.64 | 43,065.64 | 42,900.08 | 42,760.64 | 42,735.30 | 39,343.60 | 45,796.45 | 45,743.03 | 45,396.40 | 44,660.03 | 44,292.10 | 43,660.91 | 43,526.22 | 43,516.12 |
| Preferred Shares Outstanding | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 647.50 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | -37,886.00 | 18,943.00 | 18,943.00 | 18,943.00 |
| Operating Expenses | 186,389.00 | 130,794.00 | 54,996.00 | -80,957.00 | 141,871.00 | 93,016.00 | 42,989.00 | -117,632.00 | 145,164.00 | 100,361.00 | 62,756.00 | -69,812.00 | 99,529.00 | 69,763.00 | 32,657.00 | -17,399.00 | 52,550.00 | 34,175.00 | 17,571.00 |
| Selling, General and Administrative Expenses | 43,831.00 | 29,405.00 | 14,037.00 | -29,398.00 | 47,060.00 | 26,111.00 | 12,343.00 | -20,897.00 | 31,856.00 | 20,874.00 | 10,660.00 | -15,650.00 | 28,902.00 | 18,816.00 | 8,121.00 | -1,669.00 | 15,677.00 | 9,982.00 | 5,156.00 |
| Research and Development Expenses | 336,080.00 | 216,327.00 | 98,181.00 | 137,989.00 | 102,411.00 | 71,605.00 | 32,646.00 | -98,935.00 | 119,208.00 | 82,787.00 | 53,296.00 | -53,162.00 | 72,827.00 | 51,647.00 | 25,036.00 | -27,872.00 | 43,107.00 | 30,335.00 | 18,415.00 |
| Other Operating Expenses | -193,522.00 | -114,938.00 | -57,222.00 | -189,548.00 | -7,600.00 | -4,700.00 | -2,000.00 | 2,200.00 | -5,900.00 | -3,300.00 | -1,200.00 | -1,000.00 | -2,200.00 | -700.00 | -500.00 | 12,142.00 | -6,234.00 | -6,142.00 | -6,000.00 |
| Operating Income | -186,389.00 | -130,794.00 | -54,996.00 | 80,957.00 | -141,871.00 | -93,016.00 | -42,989.00 | 117,632.00 | -145,604.00 | -100,361.00 | -62,756.00 | -206,973.00 | 177,256.00 | 207,022.00 | -32,657.00 | -20,487.00 | -33,607.00 | -15,232.00 | 1,372.00 |
| Net Non-Operating Income | 0 | 0 | 0 | 29,461.00 | 0 | 0 | 0 | -8,821.00 | 16,066.00 | 10,006.00 | 4,615.00 | 2,812.00 | 3,006.00 | 653.00 | 197.00 | 0 | 0 | 0 | 0 |
| Interest Expense | 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 Interest | 17,597.00 | 12,504.00 | 6,580.00 | -11,945.00 | 22,148.00 | 13,764.00 | 5,693.00 | -8,421.00 | 15,710.00 | 9,830.00 | 4,508.00 | 2,273.00 | 3,247.00 | 894.00 | 197.00 | -134.00 | 340.00 | 222.00 | 49.00 |
| EBT | 0 | 0 | 0 | -167,458.00 | 0 | 0 | 0 | 108,811.00 | -129,538.00 | -90,355.00 | -58,141.00 | -204,161.00 | 180,262.00 | 207,675.00 | -32,460.00 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 117.00 | 0.00 | 0.00 | 0.00 | 14,122.00 | 0.00 | 0.00 | 0.00 | -67,928.00 | 43,979.00 | 46,502.00 | 19,568.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | -676,664.00 | -474,224.00 | -291,006.00 | 217,878.00 | -123,944.00 | -78,984.00 | -36,956.00 | 126,337.00 | -129,380.00 | -90,197.00 | -57,983.00 | -178,799.00 | 138,709.00 | 163,527.00 | -12,104.00 | -16,771.00 | -32,633.00 | -16,992.00 | -3,459.00 |
| Net Income Non-Controlling Interests | 659,934.00 | 462,493.00 | 286,203.00 | 192.00 | 4,208.00 | -192.00 | -192.00 | -2,002.00 | 21.00 | 21.00 | 21.00 | 1,315.00 | -713.00 | -727.00 | 6.00 | 33.00 | -423.00 | 1,286.00 | 3,389.00 |
| Net Income | -16,730.00 | -11,731.00 | -4,803.00 | 218,070.00 | -119,736.00 | -79,176.00 | -37,148.00 | 124,335.00 | -129,359.00 | -90,176.00 | -57,962.00 | -177,484.00 | 137,996.00 | 162,800.00 | -12,098.00 | -16,738.00 | -33,056.00 | -15,706.00 | -70.00 |
| EBIT | 0 | 0 | 0 | -167,458.00 | 0 | 0 | 0 | 108,811.00 | -129,538.00 | -90,355.00 | -58,141.00 | -204,161.00 | 180,262.00 | 207,675.00 | -32,460.00 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 232.00 | 153.00 | 76.00 | -152.00 | 229.00 | 153.00 | 76.00 | -148.00 | 233.00 | 153.00 | 72.00 | 21.00 | 34.00 | 25.00 | 13.00 | -31.00 | 41.00 | 28.00 | 15.00 |
| EBITDA | 0 | 0 | 0 | -167,152.00 | 0 | 0 | 0 | 108,663.00 | -129,305.00 | -90,202.00 | -58,069.00 | -204,140.00 | 180,296.00 | 207,700.00 | -32,447.00 | 0 | 0 | 0 | 0 |
| EPS | -0.03 | -0.02 | -0.01 | 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 | 0 | 0 |
| Diluted EPS | -0.03 | -0.02 | -0.01 | 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 | 0 | 0 |
| Average Shares Outstanding Basic | 59,647.00 | 59,608.00 | 59,553.00 | 73,477.00 | 52,157.00 | 49,031.00 | 43,011.00 | 44,073.00 | 41,130.00 | 40,315.00 | 40,682.00 | 91,036.00 | 44,966.00 | 44,654.00 | 0 | 0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 59,647.00 | 59,608.00 | 59,553.00 | 73,477.00 | 52,157.00 | 49,031.00 | 43,011.00 | 44,073.00 | 41,130.00 | 40,315.00 | 40,682.00 | 93,591.00 | 46,580.00 | 46,389.00 | 0 | 0.00 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -137,641.00 | -100,764.00 | -43,155.00 | 76,159.00 | -108,677.00 | -74,538.00 | -38,247.00 | 114,869.00 | -116,144.00 | -82,003.00 | -50,997.00 | 44,253.00 | -101,681.00 | -47,328.00 | -21,908.00 | 4,055.00 | -28,262.00 | -17,711.00 | -1,515.00 |
| Operating Net Income | -169,166.00 | -118,556.00 | -145,503.00 | -228,749.00 | -119,928.00 | -79,368.00 | -74,680.00 | 25,973.00 | -129,538.00 | -90,355.00 | -116,282.00 | -162,477.00 | 136,283.00 | 161,173.00 | -25,784.00 | -88,090.00 | -33,279.00 | -15,020.00 | 1,419.00 |
| Deprecation and Amortization | 232.00 | 153.00 | 76.00 | -152.00 | 229.00 | 153.00 | 76.00 | -148.00 | 233.00 | 153.00 | 72.00 | 21.00 | 34.00 | 25.00 | 13.00 | -31.00 | 41.00 | 28.00 | 15.00 |
| Deferred Income Tax | 0 | 0 | 0 | 3,000.00 | 0 | 0 | 0 | 5,400.00 | 0 | 0 | 0 | 0 | 0 | 0 | -19,568.00 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 28,728.00 | 19,261.00 | 9,374.00 | -17,353.00 | 28,190.00 | 18,760.00 | 8,227.00 | -14,919.00 | 22,919.00 | 15,179.00 | 7,259.00 | -14,225.00 | 20,444.00 | 15,173.00 | 6,565.00 | 664.00 | 12,330.00 | 7,773.00 | 3,608.00 |
| Change in Working Capital | -6,017.00 | -4,480.00 | -22.00 | -845.00 | 459.00 | 1,243.00 | 803.00 | 10,398.00 | -3,341.00 | -5,612.00 | 50.00 | -57,107.00 | 10,251.00 | 47,482.00 | 4,277.00 | 378.00 | -876.00 | -1,296.00 | 228.00 |
| Other Operating Activities | 8,582.00 | 2,858.00 | 92,920.00 | 320,258.00 | -17,627.00 | -15,326.00 | 27,327.00 | 88,165.00 | -6,417.00 | -1,368.00 | 57,904.00 | 258,473.00 | -268,693.00 | -271,181.00 | 12,589.00 | 91,134.00 | -6,478.00 | -9,196.00 | -6,785.00 |
| Investing Cash Flow | 157,598.00 | 90,206.00 | 36,805.00 | 175,164.00 | -152,278.00 | -172,156.00 | 12,956.00 | 8,992.00 | -15,664.00 | 27,294.00 | 15,184.00 | -398,884.00 | 277,585.00 | 335,563.00 | 34,711.00 | 414,184.00 | -317,913.00 | -292,320.00 | -137,726.00 |
| 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 | 38.00 | 0 | 0 | 0 | 0 | 0 | 0 | -367.00 | 208.00 | 208.00 | 159.00 | 973.00 | 251.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 591,508.00 | 498,938.00 | 288,485.00 | -664,098.00 | 953,912.00 | 740,440.00 | 275,694.00 | -378,813.00 | 599,286.00 | 368,686.00 | 193,621.00 | -108,035.00 | 437,830.00 | 252,303.00 | 148,751.00 | -457,322.00 | 579,189.00 | 434,184.00 | 161,800.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -433,948.00 | -408,732.00 | -251,680.00 | 839,262.00 | -1,106,190.00 | -912,596.00 | -262,738.00 | 388,172.00 | -615,158.00 | -341,600.00 | -178,596.00 | -291,822.00 | -160,496.00 | 83,260.00 | -114,040.00 | 871,506.00 | -897,102.00 | -726,504.00 | -299,526.00 |
| Financing Cash Flow | 373.00 | 373.00 | 0 | -262,784.00 | 264,606.00 | 263,281.00 | 1,085.00 | -41,932.00 | 40,503.00 | 40,391.00 | 1,789.00 | -42,007.00 | 6,979.00 | 5,554.00 | 3,541.00 | -527,381.00 | 266,082.00 | 265,503.00 | 264,580.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,200.00 | 0 | 0 | 0 | -11,800.00 | 6,600.00 | 6,600.00 | 800.00 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 262,652.00 | 0 | 0 | 0 | -42,002.00 | 40,213.00 | 40,213.00 | 1,789.00 | -3,420.00 | 5,826.00 | 4,401.00 | 1,588.00 | -531,834.00 | 267,847.00 | 267,268.00 | 267,268.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 373.00 | 373.00 | 0 | -525,436.00 | 264,606.00 | 263,281.00 | 1,085.00 | -2,130.00 | 290.00 | 178.00 | 0.00 | -26,787.00 | -5,447.00 | -5,447.00 | 1,153.00 | 4,453.00 | -1,765.00 | -1,765.00 | -2,688.00 |
| Net Change in Cash | 20,330.00 | -10,185.00 | -6,350.00 | -11,461.00 | 3,651.00 | 16,587.00 | -24,206.00 | 81,929.00 | -91,305.00 | -14,318.00 | -34,024.00 | -396,638.00 | 182,883.00 | 293,789.00 | 16,344.00 | -109,142.00 | -80,093.00 | -44,528.00 | 125,339.00 |
| Cash at Beginning of Period | 83,005.00 | 83,005.00 | 83,005.00 | 94,466.00 | 98,434.00 | 98,434.00 | 98,434.00 | 16,505.00 | 156,152.00 | 156,152.00 | 156,152.00 | 552,790.00 | 59,774.00 | 59,774.00 | 59,774.00 | 168,916.00 | 168,198.00 | 168,198.00 | 168,198.00 |
| Cash at End of Period | 103,335.00 | 72,820.00 | 76,655.00 | 83,005.00 | 102,085.00 | 115,021.00 | 74,228.00 | 98,434.00 | 64,847.00 | 141,834.00 | 122,128.00 | 156,152.00 | 242,657.00 | 353,563.00 | 76,118.00 | 59,774.00 | 88,105.00 | 123,670.00 | 293,537.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |