CIG.C
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 0.93 | 1.57 | 1.63 | 2.69 |
| Price to Sales | 0.17 | 0.24 | 0.25 | 0.30 |
| Book Value Per Common Share | 9.57 | 8.62 | 7.61 | 6.80 |
| Price to Book | 0.24 | 0.37 | 0.40 | 0.52 |
| Price to Operating Cash Flow | 1.21 | 1.36 | 1.33 | 2.73 |
| Price to Free Cash Flow | 1.45 | 1.67 | 1.39 | 2.92 |
| Enterprise Value to EBITDA | 5652.96 | 9846.88 | 13944.43 | 14568.67 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Price to Earnings | 7.02 | 2.29 | 4.03 | 7.20 | |
| Price to Sales | 0.75 | 0.54 | 0.75 | 0.72 | 0.93 |
| Book Value Per Common Share | 9.76 | 9.57 | 9.81 | 9.32 | 8.88 |
| Price to Book | 0.26 | 0.24 | 0.27 | 0.26 | 0.33 |
| Price to Operating Cash Flow | 5.32 | -3.22 | 1.62 | 5.31 | 5.06 |
| Price to Free Cash Flow | -18.71 | 5.57 | 8.79 | 3.54 | 13.74 |
| Enterprise Value to EBITDA | 39698.75 | 63873.99 | 12966.85 | 24382.53 | 40477.23 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 23.88 | 8.06 | 42.23 | |
| Revenue YoY | 8.06 | 6.93 | 2.43 | |
| EBITDA YoY | 28.30 | 46.74 | -9.80 | |
| Net Profit YoY | 23.47 | 40.86 | 9.09 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Earning YoY | 94.34 | 46.40 | |||
| Revenue YoY | -21.11 | 22.35 | 6.56 | 5.68 | |
| EBITDA YoY | 76.85 | -82.08 | 107.68 | 36.24 | |
| Net Profit YoY | 4.25 | -69.62 | 94.33 | 46.41 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.20 | 1.09 | 1.48 | 1.42 |
| Quick Ratio | 0.76 | 0.80 | 1.12 | 1.13 |
| Current Ratio | 0.86 | 0.91 | 1.20 | 1.21 |
| Debt to Equity | 1.18 | 1.23 | 1.46 | 1.67 |
| Long-Term Debt to Equity | 0.66 | 0.70 | 0.95 | 1.13 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 2.11 | 1.20 | 2.67 | 1.30 | 1.89 |
| Quick Ratio | 0.92 | 0.76 | 0.94 | 0.77 | 0.96 |
| Current Ratio | 1.06 | 0.86 | 1.04 | 0.96 | 1.15 |
| Debt to Equity | 1.29 | 1.18 | 1.25 | 1.13 | 1.26 |
| Long-Term Debt to Equity | 0.77 | 0.66 | 0.69 | 0.62 | 0.75 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 11.92 | 10.48 | 7.62 | 7.21 |
| ROE | 25.99 | 23.38 | 18.78 | 19.27 |
| Gross Margin | 19.66 | 22.75 | 19.77 | 19.98 |
| Operating Margin | 26.03 | 21.38 | 14.67 | 17.43 |
| EBITDA Margin | 29.49 | 24.84 | 18.10 | 20.55 |
| Net Profit Margin | 17.87 | 15.64 | 11.87 | 11.15 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| ROA | 1.63 | 1.67 | 5.21 | 2.97 | 2.01 |
| ROE | 3.72 | 3.64 | 11.69 | 6.33 | 4.54 |
| Gross Margin | 17.54 | 12.72 | 27.53 | 26.53 | 21.24 |
| Operating Margin | 15.18 | 10.91 | 47.61 | 26.01 | 19.27 |
| EBITDA Margin | 18.93 | 8.45 | 57.68 | 29.59 | 22.96 |
| Net Profit Margin | 10.70 | 8.10 | 32.62 | 17.89 | 12.91 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.01 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 60.33 | 31.63 | 51.17 | 37.75 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | |||
| Dividend Payout Ratio | 132.17 | 90.76 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 59,726,000.00 | 55,000,000.00 | 53,671,000.00 | 52,046,000.00 |
| Current Assets | 12,231,000.00 | 11,869,000.00 | 13,465,000.00 | 12,949,000.00 |
| Cash and Short-Term Investments | 3,446,000.00 | 3,125,000.00 | 4,241,000.00 | 4,054,000.00 |
| Cash and Cash Equivalents | 1,898,000.00 | 1,537,000.00 | 1,441,000.00 | 825,000.00 |
| Short-Term Investments | 1,548,000.00 | 1,588,000.00 | 2,800,000.00 | 3,229,000.00 |
| Net Receivables | 7,365,000.00 | 7,380,000.00 | 8,335,000.00 | 8,033,000.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 1,420,000.00 | 1,364,000.00 | 889,000.00 | 862,000.00 |
| Non-Current Assets | 47,495,000.00 | 43,131,000.00 | 40,206,000.00 | 39,097,000.00 |
| Property, Plant, Equipment Net | 4,102,000.00 | 3,654,000.00 | 2,739,000.00 | 2,645,000.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 16,806,000.00 | 15,248,000.00 | 14,621,000.00 | 12,953,000.00 |
| Long-Term Investments | 10,238,000.00 | 10,358,000.00 | 10,179,000.00 | 10,429,000.00 |
| Non-Current Deferred Assets | 2,334,000.00 | 3,045,000.00 | 3,120,000.00 | 2,465,000.00 |
| Other Non-Current Assets | 14,015,000.00 | 10,826,000.00 | 9,547,000.00 | 10,605,000.00 |
| Liabilities | 32,344,000.00 | 30,344,000.00 | 31,887,000.00 | 32,584,000.00 |
| Current Liabilities | 14,145,000.00 | 13,093,000.00 | 11,203,000.00 | 10,688,000.00 |
| Payables and Expenses | 9,445,000.00 | 8,494,000.00 | 7,690,000.00 | 6,476,000.00 |
| Account Payables | 4,203,000.00 | 3,722,000.00 | 3,287,000.00 | 2,919,000.00 |
| Current Accrued Liabilities | 3,828,000.00 | 3,163,000.00 | 2,123,000.00 | 2,135,000.00 |
| Short-Term Debt | 2,956,000.00 | 2,709,000.00 | 1,012,000.00 | 1,527,000.00 |
| Other Current Liabilities | 1,744,000.00 | 1,890,000.00 | 2,501,000.00 | 2,685,000.00 |
| Non-Current Liabilities | 18,199,000.00 | 17,251,000.00 | 20,684,000.00 | 21,896,000.00 |
| Long-Term Debt | 9,753,000.00 | 7,555,000.00 | 9,923,000.00 | 10,081,000.00 |
| Other Non-Current Liabilities | 8,446,000.00 | 9,696,000.00 | 10,761,000.00 | 11,815,000.00 |
| Equity | 27,382,000.00 | 24,656,000.00 | 21,784,000.00 | 19,462,000.00 |
| Shareholders Equity | 27,377,000.00 | 24,650,000.00 | 21,778,000.00 | 19,457,000.00 |
| Capital Stock | 14,309,000.00 | 11,007,000.00 | 11,007,000.00 | 8,467,000.00 |
| Share Premium | 0 | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 13,968,000.00 | 15,291,000.00 | 12,645,000.00 | 13,198,000.00 |
| Minority Interest | 5,000.00 | 6,000.00 | 6,000.00 | 5,000.00 |
| Debt | 12,709,000.00 | 10,264,000.00 | 10,935,000.00 | 11,608,000.00 |
| Net Debt | 10,382,000.00 | 8,294,000.00 | 9,140,000.00 | 10,539,000.00 |
| Common Shares Outstanding | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 | 2,861,784.10 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 39,820,000.00 | 36,850,000.00 | 34,463,000.00 | 33,646,000.00 |
| Cost Of Revenue | 31,990,000.00 | 28,466,000.00 | 27,651,000.00 | 26,923,000.00 |
| Interest Income | 299,000.00 | 286,000.00 | 337,000.00 | 462,000.00 |
| Interest Expense | 1,008,000.00 | 1,027,000.00 | 935,000.00 | 1,167,000.00 |
| Non-Interest Expense | 1,260,000.00 | 1,428,000.00 | 1,413,000.00 | 463,000.00 |
| Gross Profit | 7,830,000.00 | 8,384,000.00 | 6,812,000.00 | 6,723,000.00 |
| Operating Expenses | 338,000.00 | 2,171,000.00 | 3,296,000.00 | 1,040,000.00 |
| Selling, General and Administrative Expenses | 1,260,000.00 | 1,428,000.00 | 1,413,000.00 | 463,000.00 |
| Other Operating Expenses | 191,000.00 | 283,000.00 | 251,000.00 | 496,000.00 |
| Operating Income | 7,492,000.00 | 6,213,000.00 | 3,516,000.00 | 5,683,000.00 |
| Net Non-Operating Income | 0 | 4,000.00 | 5,000.00 | 1,032,000.00 |
| EBT | 9,358,000.00 | 6,851,000.00 | 4,120,000.00 | 4,699,000.00 |
| Income Tax | 2,239,000.00 | 1,084,000.00 | 26,000.00 | 946,000.00 |
| Net Income Including Non-Controlling Interests | 7,119,000.00 | 5,767,000.00 | 4,094,000.00 | 3,753,000.00 |
| Net Income Non-Controlling Interests | -2,000.00 | -3,000.00 | -2,000.00 | -2,000.00 |
| Net Income | 7,117,000.00 | 5,764,000.00 | 4,092,000.00 | 3,751,000.00 |
| EBIT | 10,366,000.00 | 7,878,000.00 | 5,055,000.00 | 5,866,000.00 |
| Deprecation and Amortization | 1,376,000.00 | 1,274,000.00 | 1,182,000.00 | 1,049,000.00 |
| EBITDA | 11,742,000.00 | 9,152,000.00 | 6,237,000.00 | 6,915,000.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 |
| Average Shares Outstanding Diluted | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 5,496,000.00 | 6,646,000.00 | 6,544,000.00 | 3,685,000.00 |
| Operating Net Income | 7,119,000.00 | 5,767,000.00 | 4,094,000.00 | 3,753,000.00 |
| Deprecation and Amortization | 1,376,000.00 | 1,274,000.00 | 1,182,000.00 | 1,049,000.00 |
| Deferred Income Tax | 1,726,000.00 | -825,000.00 | -2,334,000.00 | -1,527,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 453,000.00 | 1,064,000.00 | 3,067,000.00 | 2,719,000.00 |
| Other Operating Activities | -5,178,000.00 | -634,000.00 | 535,000.00 | -2,309,000.00 |
| Investing Cash Flow | -2,376,000.00 | -3,969,000.00 | -3,136,000.00 | 1,370,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -570,000.00 | -1,076,000.00 | -173,000.00 | -182,000.00 |
| Net Purchase/Sale of Investments Net | 293,000.00 | 342,000.00 | 268,000.00 | 2,047,000.00 |
| Net Purchase/Sale of Business | 2,793,000.00 | 632,000.00 | 0 | 1,311,000.00 |
| Other Investing Activities | -4,892,000.00 | -3,867,000.00 | -3,231,000.00 | -1,806,000.00 |
| Financing Cash Flow | -2,759,000.00 | -2,581,000.00 | -2,792,000.00 | -5,910,000.00 |
| Net Issuance/Repayment of Debt | 1,535,000.00 | -758,000.00 | -698,000.00 | -4,494,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | -4,294,000.00 | -1,823,000.00 | -2,094,000.00 | -1,416,000.00 |
| Other Financing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Change in Cash | 361,000.00 | 96,000.00 | 616,000.00 | -855,000.00 |
| Cash at Beginning of Period | 1,537,000.00 | 1,441,000.00 | 825,000.00 | 1,680,000.00 |
| Cash at End of Period | 1,898,000.00 | 1,537,000.00 | 1,441,000.00 | 825,000.00 |
| Free Cash Flow | 4,577,000.00 | 5,382,000.00 | 6,252,000.00 | 3,452,000.00 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Assets | 63,902,000.00 | 59,726,000.00 | 63,007,000.00 | 56,740,773.00 | 57,442,000.00 |
| Current Assets | 15,472,000.00 | 12,231,000.00 | 16,272,000.00 | 13,062,465.00 | 14,805,000.00 |
| Cash and Short-Term Investments | 6,032,000.00 | 3,446,000.00 | 7,647,000.00 | 3,729,099.00 | 5,403,000.00 |
| Cash and Cash Equivalents | 3,244,000.00 | 1,898,000.00 | 3,661,000.00 | 1,564,249.00 | 2,177,000.00 |
| Short-Term Investments | 2,788,000.00 | 1,548,000.00 | 3,986,000.00 | 2,164,850.00 | 3,226,000.00 |
| Net Receivables | 7,338,000.00 | 7,365,000.00 | 7,014,000.00 | 6,714,229.00 | 6,950,000.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 2,102,000.00 | 1,420,000.00 | 1,611,000.00 | 2,619,137.00 | 2,452,000.00 |
| Non-Current Assets | 48,430,000.00 | 47,495,000.00 | 46,735,000.00 | 43,678,308.00 | 42,637,000.00 |
| Property, Plant, Equipment Net | 4,123,000.00 | 4,102,000.00 | 3,970,000.00 | 3,812,687.00 | 3,737,000.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 16,806,000.00 | 0 | 15,790,780.00 | 0 |
| Long-Term Investments | 10,493,000.00 | 10,238,000.00 | 10,005,000.00 | 9,596,246.00 | 9,442,000.00 |
| Non-Current Deferred Assets | 2,367,000.00 | 2,334,000.00 | 2,685,000.00 | 2,725,604.00 | 3,018,000.00 |
| Other Non-Current Assets | 0 | 14,015,000.00 | 0 | 11,752,991.00 | 0 |
| Liabilities | 35,981,000.00 | 32,344,000.00 | 34,943,000.00 | 30,063,149.00 | 32,021,000.00 |
| Current Liabilities | 14,603,000.00 | 14,145,000.00 | 15,598,000.00 | 13,627,251.00 | 12,847,000.00 |
| Payables and Expenses | 9,985,000.00 | 9,445,000.00 | 8,677,000.00 | 7,318,895.00 | 7,574,000.00 |
| Account Payables | 4,416,000.00 | 4,203,000.00 | 4,305,000.00 | 3,727,012.00 | 3,449,000.00 |
| Current Accrued Liabilities | 4,310,000.00 | 3,828,000.00 | 2,966,000.00 | 2,566,074.00 | 3,542,000.00 |
| Short-Term Debt | 2,716,000.00 | 2,956,000.00 | 4,870,000.00 | 4,732,703.00 | 2,782,000.00 |
| Other Current Liabilities | 1,902,000.00 | 1,744,000.00 | 2,051,000.00 | 1,575,653.00 | 2,491,000.00 |
| Non-Current Liabilities | 21,378,000.00 | 18,199,000.00 | 19,345,000.00 | 16,435,898.00 | 19,174,000.00 |
| Long-Term Debt | 12,944,000.00 | 9,753,000.00 | 9,683,000.00 | 7,339,791.00 | 9,267,000.00 |
| Other Non-Current Liabilities | 8,434,000.00 | 8,446,000.00 | 9,662,000.00 | 9,096,107.00 | 9,907,000.00 |
| Equity | 27,921,000.00 | 27,382,000.00 | 28,064,000.00 | 26,677,624.00 | 25,421,000.00 |
| Shareholders Equity | 27,915,000.00 | 27,377,000.00 | 28,059,000.00 | 26,672,836.00 | 25,415,000.00 |
| Capital Stock | 14,309,000.00 | 14,309,000.00 | 14,309,000.00 | 14,308,909.00 | 11,007,000.00 |
| Share Premium | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 500,000.00 | 0 | 4,847,000.00 | 2,036,654.00 | 775,000.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 13,969,000.00 | 13,968,000.00 | 10,568,000.00 | 11,988,401.00 | 15,291,000.00 |
| Minority Interest | 6,000.00 | 5,000.00 | 5,000.00 | 4,788.00 | 6,000.00 |
| Debt | 15,660,000.00 | 12,709,000.00 | 14,553,000.00 | 12,072,494.00 | 12,049,000.00 |
| Net Debt | 11,999,000.00 | 10,382,000.00 | 10,473,000.00 | 10,079,189.00 | 9,449,000.00 |
| Common Shares Outstanding | 2,860,681.88 | 2,860,681.88 | 2,860,681.88 | 2,860,519.84 | 2,860,681.88 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Revenues | 9,705,774.00 | 12,302,879.00 | 10,055,194.00 | 9,435,991.00 | 8,929,242.00 |
| Cost Of Revenue | 8,003,565.00 | 10,738,427.00 | 7,286,862.00 | 6,932,304.00 | 7,032,407.00 |
| Interest Income | 84,000.00 | -192,872.00 | 262,565.00 | 81,762.00 | 65,000.00 |
| Interest Expense | 260,000.00 | 187,889.00 | 237,000.00 | 303,145.00 | 219,000.00 |
| Non-Interest Expense | 193,967.00 | 125,247.00 | 489,118.00 | 341,709.00 | 169,746.00 |
| Gross Profit | 1,702,209.00 | 1,564,452.00 | 2,768,332.00 | 2,503,687.00 | 1,896,835.00 |
| Operating Expenses | 346,931.00 | -1,078,620.00 | 1,396,875.00 | 520,257.00 | 403,633.00 |
| Selling, General and Administrative Expenses | 193,967.00 | 125,247.00 | 489,118.00 | 341,709.00 | 169,746.00 |
| Other Operating Expenses | 86,964.00 | 540,756.00 | 533,151.00 | 46,755.00 | 177,887.00 |
| Operating Income | 1,355,278.00 | 2,643,072.00 | 1,371,457.00 | 1,983,430.00 | 1,493,202.00 |
| Net Non-Operating Income | 0 | 0 | 1,520,631.00 | 1,278.00 | 42,989.00 |
| EBT | 1,213,766.00 | 1,154,751.00 | 4,550,620.00 | 2,150,923.00 | 1,501,706.00 |
| Income Tax | 175,026.00 | 157,425.00 | 1,270,423.00 | 462,337.00 | 348,815.00 |
| Net Income Including Non-Controlling Interests | 1,038,740.00 | 997,326.00 | 3,280,197.00 | 1,688,586.00 | 1,152,891.00 |
| Net Income Non-Controlling Interests | 0 | 0 | 0 | -593.00 | 0 |
| Net Income | 1,038,740.00 | 996,422.00 | 3,280,197.00 | 1,687,993.00 | 1,152,891.00 |
| EBIT | 1,473,766.00 | 1,342,640.00 | 4,787,620.00 | 2,454,068.00 | 1,720,706.00 |
| Deprecation and Amortization | 364,000.00 | -303,452.00 | 1,012,000.00 | 338,452.00 | 329,000.00 |
| EBITDA | 1,837,766.00 | 1,039,188.00 | 5,799,620.00 | 2,792,520.00 | 2,049,706.00 |
| EPS | 0.00 | 0 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 2,860,681.88 | 0 | 2,860,681.88 | 2,861,005.08 | 2,860,681.88 |
| Average Shares Outstanding Diluted | 2,860,681.88 | 0 | 2,860,681.88 | 2,861,005.08 | 2,860,681.88 |
| Breakdown | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1,372,000.00 | -2,062,775.00 | 4,638,000.00 | 1,281,775.00 | 1,639,000.00 |
| Operating Net Income | 1,039,000.00 | -1,844,477.00 | 6,122,000.00 | 1,688,477.00 | 1,153,000.00 |
| Deprecation and Amortization | 364,000.00 | -303,452.00 | 1,012,000.00 | 338,452.00 | 329,000.00 |
| Deferred Income Tax | 175,000.00 | -1,167,152.00 | 2,082,000.00 | 462,152.00 | 349,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | -217,840.00 | 332,000.00 | 0 | 0 |
| Other Operating Activities | 0 | 1,470,146.00 | -4,910,000.00 | 0 | 0 |
| Investing Cash Flow | -2,763,000.00 | 3,614,031.00 | -3,200,000.00 | -304,031.00 | -2,486,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -1,762,000.00 | 3,386,146.00 | -3,681,000.00 | 860,741.00 | -1,035,000.00 |
| Net Purchase/Sale of Investments Net | -1,001,000.00 | 464,727.00 | 449,000.00 | 876,273.00 | -1,497,000.00 |
| Net Purchase/Sale of Business | 0 | 2,729,426.00 | 32,000.00 | -14,426.00 | 46,000.00 |
| Other Investing Activities | 0 | -2,966,268.00 | 0.00 | -2,026,619.00 | 0.00 |
| Financing Cash Flow | 2,737,000.00 | -3,341,023.00 | 686,000.00 | -1,590,977.00 | 1,487,000.00 |
| Net Issuance/Repayment of Debt | 2,737,000.00 | -3,461,846.00 | 3,663,000.00 | -153,154.00 | 1,487,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | -1,317,000.00 | -2,977,000.00 | 0 | 0 |
| Other Financing Activities | 0.00 | 1,437,823.00 | 0.00 | -1,437,823.00 | 0.00 |
| Net Change in Cash | 1,346,000.00 | -1,789,767.00 | 2,124,000.00 | -613,233.00 | 640,000.00 |
| Cash at Beginning of Period | 1,898,000.00 | 3,661,000.00 | 1,537,000.00 | 2,177,000.00 | 1,537,000.00 |
| Cash at End of Period | 3,244,000.00 | 1,898,000.00 | 3,661,000.00 | 1,564,249.00 | 2,177,000.00 |
| Free Cash Flow | -390,000.00 | 1,191,584.00 | 856,000.00 | 1,925,416.00 | 604,000.00 |