Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 25.75 28.67 36.99 33.34
Price to Sales 3.70 3.39 3.67 4.14
Book Value Per Common Share 0.26 0.74 0.48 0.72 0.87
Price to Book 348.45 107.51 163.13 117.78
Price to Operating Cash Flow 18.13 17.61 25.78 21.69
Price to Free Cash Flow
Enterprise Value to EBITDA 126579.57 125987.24 151806.10 149774.96
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 29.83 51.36 110.24 39.62 56.42 108.49 37.23 73.37 167.00 33.14 57.65 113.18 31.62 49.91 98.54
Price to Sales 4.27 7.36 15.49 5.62 7.87 14.63 4.06 6.67 13.10 4.41 7.57 14.49 4.91 8.01 15.40
Book Value Per Common Share 1.06 0.87 0.45 0.26 0.53 0.15 0.28 0.74 -0.01 -0.08 -0.01 0.48 0.74 0.20 0.38 0.72 0.70 0.55 0.31 0.87
Price to Book 75.28 104.65 209.20 348.45 194.98 644.78 321.26 107.51 -6523.85 -995.35 -10437.50 163.13 94.33 397.91 197.94 117.78 107.79 147.88 254.54
Price to Operating Cash Flow 23.59 49.69 126.81 30.00 47.69 108.80 22.59 43.91 85.00 31.25 73.54 165.14 28.81 56.25 111.86
Price to Free Cash Flow
Enterprise Value to EBITDA 148064.21 255008.77 540093.04 235923.86 330103.64 661427.78 207553.27 370070.50 904830.97 199709.09 349618.74 681048.29 200513.62 314196.54 609583.21

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 26.98 30.52 -16.80 -18.73
Revenue YoY 3.31 8.29 3.13 5.77
EBITDA YoY 12.30 20.61 -10.02 -9.45
Net Profit YoY 25.61 28.85 -17.59 -19.63
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 51.41 108.24 52.33 107.23 81.90 133.33 52.52 107.46 46.63 103.75
Revenue YoY 51.20 104.05 49.70 99.88 51.24 101.09 50.15 101.93 51.30 98.07
EBITDA YoY 51.06 104.91 49.67 115.04 63.92 149.78 53.66 104.93 45.47 99.63
Net Profit YoY 51.36 107.68 52.05 107.03 81.01 134.95 53.18 107.87 45.81 103.23

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.53 1.17 0.93 0.98 1.04
Quick Ratio 0.48 0.54 0.57 0.53 0.49
Current Ratio 0.92 1.11 1.28 1.09 0.99
Debt to Equity 28.50 0.50 0.51 0.47 0.47
Long-Term Debt to Equity 17.91 0.35 0.37 0.34 0.33
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 1.58 1.50 1.37 1.55 1.50 1.35 1.31 1.18 1.15 0.99 1.04 0.93 1.12 1.02 1.04 0.99 1.13 1.11 1.17 1.04
Quick Ratio 0.48 0.44 0.41 0.48 0.53 0.55 0.54 0.54 0.55 0.53 0.55 0.57 0.53 0.53 0.53 0.53 0.56 0.57 0.53 0.49
Current Ratio 0.93 0.89 0.85 0.92 1.04 1.06 1.06 1.11 1.16 1.17 1.23 1.28 1.18 1.17 1.09 1.09 1.09 1.11 1.01 0.99
Debt to Equity 13.15 15.61 21.71 28.50 19.06 33.19 25.86 0.50 38.51 50.51 37.05 0.51 14.47 27.16 20.60 0.47 14.46 17.56 22.83 0.47
Long-Term Debt to Equity 7.90 9.17 12.35 17.91 12.41 22.09 17.24 0.35 27.18 35.81 26.60 0.37 10.20 19.28 14.33 0.34 10.29 12.68 15.99 0.33

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 18.00 5.00 4.03 4.96 5.80
ROE 531.07 7.52 6.07 7.31 8.51
Gross Margin 60.50 58.21 57.04 59.55 60.82
Operating Margin 21.13 18.97 15.76 18.84 23.26
EBITDA Margin 29.03 26.71 23.98 27.49 32.11
Net Profit Margin 14.37 11.82 9.93 12.43 16.36
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 12.39 8.20 4.14 12.82 8.58 4.12 9.86 5.39 2.30 10.93 7.40 3.56 12.71 8.65 4.31
ROE 175.20 136.22 94.13 257.18 293.36 110.70 389.66 277.46 87.53 169.04 208.24 76.79 196.49 160.56 102.71
Gross Margin 60.09 60.43 60.82 60.56 60.30 60.00 57.74 57.33 56.86 57.53 57.71 58.47 60.04 60.36 60.70
Operating Margin 20.82 20.92 20.75 20.70 20.69 19.09 16.57 15.10 11.76 18.95 18.42 18.07 21.22 22.20 22.03
EBITDA Margin 28.72 28.75 28.63 23.72 23.73 22.05 19.45 17.94 14.44 22.03 21.52 21.21 24.40 25.38 25.18
Net Profit Margin 14.31 14.30 14.05 14.19 13.97 13.48 10.91 9.11 7.80 13.35 13.08 12.71 15.50 16.09 15.68

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 16,046,000.00 46,008,000.00 44,313,000.00 43,699,000.00 46,486,000.00
   Current Assets 5,317,000.00 5,279,000.00 5,113,000.00 4,397,000.00 4,338,000.00
      Cash and Short-Term Investments 1,256,000.00 966,000.00 775,000.00 832,000.00 888,000.00
            Cash and Cash Equivalents 1,096,000.00 966,000.00 775,000.00 832,000.00 888,000.00
            Short-Term Investments 160,000.00 0 0 0 0
      Net Receivables 1,521,000.00 1,586,000.00 1,504,000.00 1,297,000.00 1,264,000.00
      Inventory 1,987,000.00 1,934,000.00 2,074,000.00 1,692,000.00 1,673,000.00
      Other Current Assets 553,000.00 793,000.00 760,000.00 576,000.00 513,000.00
   Non-Current Assets 10,729,000.00 40,729,000.00 39,200,000.00 39,302,000.00 42,148,000.00
      Property, Plant, Equipment Net 4,951,000.00 5,073,000.00 4,785,000.00 4,257,000.00 4,237,000.00
      Goodwill 9,334,000.00 10,158,000.00 9,986,000.00 9,837,000.00 11,457,000.00
      Intangible Assets 1,756,000.00 1,887,000.00 1,920,000.00 2,462,000.00 2,894,000.00
      Long-Term Investments 81,000.00 83,000.00 70,000.00 64,000.00 56,000.00
      Non-Current Deferred Assets 195,000.00 214,000.00 135,000.00 193,000.00 291,000.00
      Other Non-Current Assets -5,588,000.00 23,314,000.00 22,304,000.00 22,489,000.00 23,213,000.00
Liabilities 15,502,000.00 15,436,000.00 14,925,000.00 14,069,000.00 14,819,000.00
   Current Liabilities 5,759,000.00 4,741,000.00 4,004,000.00 4,051,000.00 4,404,000.00
      Payables and Expenses 5,099,000.00 4,411,000.00 3,979,000.00 4,000,000.00 4,137,000.00
            Account Payables 1,805,000.00 1,698,000.00 1,551,000.00 1,479,000.00 1,393,000.00
            Current Accrued Liabilities 3,294,000.00 2,713,000.00 2,428,000.00 2,521,000.00 2,744,000.00
      Short-Term Debt 660,000.00 330,000.00 25,000.00 51,000.00 267,000.00
      Other Current Liabilities 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 9,743,000.00 10,695,000.00 10,921,000.00 10,018,000.00 10,415,000.00
      Long-Term Debt 7,289,000.00 8,219,000.00 8,741,000.00 7,194,000.00 7,334,000.00
      Other Non-Current Liabilities 2,454,000.00 2,476,000.00 2,180,000.00 2,824,000.00 3,081,000.00
Equity 544,000.00 30,572,000.00 29,388,000.00 29,630,000.00 31,667,000.00
   Shareholders Equity 212,000.00 609,000.00 401,000.00 609,000.00 743,000.00
      Capital Stock 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00
      Share Premium 4,181,000.00 3,808,000.00 3,546,000.00 3,269,000.00 2,969,000.00
      Retained Earnings 26,145,000.00 25,289,000.00 24,573,000.00 24,350,000.00 23,699,000.00
      Treasury Shares 27,358,000.00 26,017,000.00 25,128,000.00 24,089,000.00 23,045,000.00
      Accumulated Other Comprehensive Income -4,222,000.00 -3,937,000.00 -4,055,000.00 -4,386,000.00 -4,345,000.00
   Minority Interest 332,000.00 348,000.00 405,000.00 362,000.00 358,000.00
Investments 160,000.00 83,000.00 70,000.00 64,000.00 56,000.00
Debt 7,949,000.00 8,549,000.00 8,766,000.00 7,245,000.00 7,601,000.00
Net Debt 6,693,000.00 7,583,000.00 7,991,000.00 6,413,000.00 6,713,000.00
Common Shares Outstanding 812,574.70 821,412.77 830,212.61 840,480.28 849,893.60
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 20,101,000.00 19,457,000.00 17,967,000.00 17,421,000.00 16,471,000.00
Cost Of Revenue 7,940,000.00 8,131,000.00 7,719,000.00 7,046,000.00 6,454,000.00
Gross Profit 12,161,000.00 11,326,000.00 10,248,000.00 10,375,000.00 10,017,000.00
Operating Expenses -464,000.00 -524,000.00 1,114,000.00 216,000.00 -1,347,000.00
   Selling, General and Administrative Expenses 16,566,000.00 8,922,000.00 8,439,000.00 8,094,000.00 7,411,000.00
   Research and Development Expenses 355,000.00 343,000.00 320,000.00 307,000.00 290,000.00
   Other Operating Expenses -17,385,000.00 -9,789,000.00 -7,645,000.00 -8,185,000.00 -9,048,000.00
Operating Income 12,625,000.00 11,850,000.00 9,134,000.00 10,159,000.00 11,364,000.00
Net Non-Operating Income -8,669,000.00 -8,458,000.00 -6,474,000.00 -7,072,000.00 -7,717,000.00
Interest Income 359,000.00 0 0 0 0
Interest Expense 292,000.00 299,000.00 172,000.00 195,000.00 184,000.00
Net Interest 67,000.00 0 0 0 0
EBT 3,956,000.00 3,392,000.00 2,660,000.00 3,087,000.00 3,647,000.00
Income Tax 907,000.00 937,000.00 693,000.00 749,000.00 716,000.00
Equity Method Investments Income 22,000.00 17,000.00 12,000.00 12,000.00 12,000.00
Net Income Including Non-Controlling Interests 2,729,000.00 2,145,000.00 1,603,000.00 1,994,000.00 2,530,000.00
Net Income Non-Controlling Interests 160,000.00 155,000.00 182,000.00 172,000.00 165,000.00
Net Income 2,889,000.00 2,300,000.00 1,785,000.00 2,166,000.00 2,695,000.00
EBIT 4,248,000.00 3,691,000.00 2,832,000.00 3,282,000.00 3,831,000.00
Deprecation and Amortization 1,588,000.00 1,506,000.00 1,477,000.00 1,507,000.00 1,458,000.00
EBITDA 5,836,000.00 5,197,000.00 4,309,000.00 4,789,000.00 5,289,000.00
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 819,100.00 827,400.00 836,400.00 845,000.00 856,800.00
Average Shares Outstanding Diluted 823,200.00 829,200.00 838,800.00 848,300.00 859,300.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 4,107,000.00 3,745,000.00 2,556,000.00 3,325,000.00 3,719,000.00
   Operating Net Income 3,049,000.00 2,455,000.00 1,967,000.00 2,338,000.00 2,860,000.00
   Deprecation and Amortization 1,588,000.00 1,506,000.00 1,477,000.00 1,507,000.00 1,458,000.00
   Deferred Income Tax -77,000.00 -98,000.00 -78,000.00 -132,000.00 -120,000.00
   Share Based Compensation 135,000.00 122,000.00 125,000.00 135,000.00 107,000.00
   Change in Working Capital 688,000.00 163,000.00 496,000.00 225,000.00 659,000.00
   Other Operating Activities -1,276,000.00 -403,000.00 -1,431,000.00 -748,000.00 -1,245,000.00
Investing Cash Flow -534,000.00 -742,000.00 -1,601,000.00 -592,000.00 -779,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 561,000.00 705,000.00 743,000.00 567,000.00 410,000.00
   Net Purchase/Sale of Investments Net 1,101,000.00 1,041,000.00 787,000.00 307,000.00 264,000.00
   Net Purchase/Sale of Business 0 0 809,000.00 0 353,000.00
   Other Investing Activities -2,196,000.00 -2,488,000.00 -3,940,000.00 -1,466,000.00 -1,806,000.00
Financing Cash Flow -3,389,000.00 -2,793,000.00 -952,000.00 -2,774,000.00 -2,919,000.00
   Net Issuance/Repayment of Debt 598,000.00 1,492,000.00 2,459,000.00 1,231,000.00 1,558,000.00
   Net Issuance/Repurchase of Equity 4,116,000.00 1,508,000.00 3,034,000.00 3,064,000.00 3,826,000.00
   Dividends Paid 1,789,000.00 1,749,000.00 1,691,000.00 1,679,000.00 1,654,000.00
   Other Financing Activities -9,892,000.00 -7,542,000.00 -8,136,000.00 -8,748,000.00 -9,957,000.00
Net Change in Cash 130,000.00 191,000.00 -57,000.00 -56,000.00 5,000.00
   Cash at Beginning of Period 966,000.00 775,000.00 832,000.00 888,000.00 883,000.00
   Cash at End of Period 1,096,000.00 966,000.00 775,000.00 832,000.00 888,000.00
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 17,513,000.00 17,470,000.00 16,647,000.00 16,046,000.00 16,774,000.00 16,480,000.00 16,571,000.00 46,008,000.00 16,043,000.00 16,227,000.00 16,173,000.00 44,313,000.00 16,288,000.00 15,711,000.00 15,723,000.00 43,699,000.00 15,880,000.00 15,999,000.00 15,801,000.00 46,486,000.00
   Current Assets 6,039,000.00 5,996,000.00 5,814,000.00 5,317,000.00 5,806,000.00 5,646,000.00 5,640,000.00 5,279,000.00 5,357,000.00 5,437,000.00 5,466,000.00 5,113,000.00 5,278,000.00 5,160,000.00 4,989,000.00 4,397,000.00 4,670,000.00 4,652,000.00 4,563,000.00 4,338,000.00
      Cash and Short-Term Investments 1,279,000.00 1,215,000.00 1,112,000.00 1,256,000.00 1,234,000.00 1,110,000.00 1,079,000.00 966,000.00 951,000.00 819,000.00 867,000.00 775,000.00 938,000.00 858,000.00 877,000.00 832,000.00 958,000.00 937,000.00 995,000.00 888,000.00
            Cash and Cash Equivalents 1,279,000.00 1,215,000.00 1,112,000.00 1,096,000.00 1,234,000.00 1,110,000.00 1,079,000.00 966,000.00 951,000.00 819,000.00 867,000.00 775,000.00 938,000.00 858,000.00 877,000.00 832,000.00 958,000.00 937,000.00 995,000.00 888,000.00
            Short-Term Investments 0 0 0 160,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,807,000.00 1,773,000.00 1,725,000.00 1,521,000.00 1,712,000.00 1,825,000.00 1,813,000.00 1,586,000.00 1,577,000.00 1,656,000.00 1,590,000.00 1,504,000.00 1,425,000.00 1,490,000.00 1,532,000.00 1,297,000.00 1,424,000.00 1,443,000.00 1,402,000.00 1,264,000.00
      Inventory 2,109,000.00 2,120,000.00 2,125,000.00 1,987,000.00 2,041,000.00 1,922,000.00 1,914,000.00 1,934,000.00 1,931,000.00 2,039,000.00 2,110,000.00 2,074,000.00 2,073,000.00 2,012,000.00 1,924,000.00 1,692,000.00 1,670,000.00 1,700,000.00 1,676,000.00 1,673,000.00
      Other Current Assets 844,000.00 888,000.00 852,000.00 553,000.00 819,000.00 789,000.00 834,000.00 793,000.00 898,000.00 923,000.00 899,000.00 760,000.00 842,000.00 800,000.00 656,000.00 576,000.00 618,000.00 572,000.00 490,000.00 513,000.00
   Non-Current Assets 11,474,000.00 11,474,000.00 10,833,000.00 10,729,000.00 10,968,000.00 10,834,000.00 10,931,000.00 40,729,000.00 10,686,000.00 10,790,000.00 10,707,000.00 39,200,000.00 11,010,000.00 10,551,000.00 10,734,000.00 39,302,000.00 11,210,000.00 11,347,000.00 11,238,000.00 42,148,000.00
      Property, Plant, Equipment Net 10,847,000.00 10,665,000.00 10,276,000.00 4,951,000.00 10,238,000.00 10,167,000.00 10,261,000.00 5,073,000.00 9,979,000.00 9,988,000.00 9,815,000.00 4,785,000.00 9,318,000.00 9,014,000.00 9,043,000.00 4,257,000.00 8,827,000.00 8,848,000.00 8,637,000.00 4,237,000.00
      Goodwill 3,702,000.00 3,696,000.00 3,334,000.00 9,334,000.00 3,389,000.00 3,320,000.00 3,341,000.00 10,158,000.00 3,327,000.00 3,373,000.00 3,375,000.00 9,986,000.00 4,352,000.00 3,238,000.00 3,292,000.00 9,837,000.00 3,685,000.00 3,753,000.00 3,701,000.00 11,457,000.00
      Intangible Assets 1,889,000.00 1,904,000.00 1,782,000.00 1,756,000.00 1,834,000.00 1,814,000.00 1,837,000.00 1,887,000.00 1,861,000.00 1,901,000.00 1,918,000.00 1,920,000.00 2,219,000.00 2,314,000.00 2,415,000.00 2,462,000.00 2,719,000.00 2,787,000.00 2,787,000.00 2,894,000.00
      Long-Term Investments 0 0 0 81,000.00 0 0 0 83,000.00 0 0 0 70,000.00 0 0 0 64,000.00 0 0 0 56,000.00
      Non-Current Deferred Assets 216,000.00 218,000.00 211,000.00 195,000.00 219,000.00 214,000.00 222,000.00 214,000.00 202,000.00 186,000.00 179,000.00 135,000.00 182,000.00 188,000.00 193,000.00 193,000.00 260,000.00 283,000.00 201,000.00 291,000.00
      Other Non-Current Assets -5,180,000.00 -5,009,000.00 -4,770,000.00 -5,588,000.00 -4,712,000.00 -4,681,000.00 -4,730,000.00 23,314,000.00 -4,683,000.00 -4,658,000.00 -4,580,000.00 22,304,000.00 -5,061,000.00 -4,203,000.00 -4,209,000.00 22,489,000.00 -4,281,000.00 -4,324,000.00 -4,088,000.00 23,213,000.00
Liabilities 16,275,000.00 16,418,000.00 15,914,000.00 15,502,000.00 15,938,000.00 15,998,000.00 15,954,000.00 15,436,000.00 15,637,000.00 15,912,000.00 15,748,000.00 14,925,000.00 15,235,000.00 15,153,000.00 14,995,000.00 14,069,000.00 14,853,000.00 15,137,000.00 15,138,000.00 14,819,000.00
   Current Liabilities 6,496,000.00 6,775,000.00 6,861,000.00 5,759,000.00 5,565,000.00 5,350,000.00 5,314,000.00 4,741,000.00 4,602,000.00 4,632,000.00 4,441,000.00 4,004,000.00 4,492,000.00 4,395,000.00 4,566,000.00 4,051,000.00 4,281,000.00 4,203,000.00 4,539,000.00 4,404,000.00
      Payables and Expenses 5,383,000.00 5,161,000.00 5,163,000.00 5,099,000.00 5,038,000.00 4,820,000.00 4,776,000.00 4,411,000.00 4,568,000.00 4,597,000.00 4,404,000.00 3,979,000.00 4,463,000.00 4,366,000.00 4,547,000.00 4,000,000.00 4,267,000.00 4,188,000.00 4,276,000.00 4,137,000.00
            Account Payables 1,866,000.00 1,790,000.00 1,800,000.00 1,805,000.00 1,625,000.00 1,557,000.00 1,646,000.00 1,698,000.00 1,482,000.00 1,544,000.00 1,609,000.00 1,551,000.00 1,541,000.00 1,507,000.00 1,582,000.00 1,479,000.00 1,258,000.00 1,272,000.00 1,306,000.00 1,393,000.00
            Current Accrued Liabilities 3,517,000.00 3,371,000.00 3,363,000.00 3,294,000.00 3,413,000.00 3,263,000.00 3,130,000.00 2,713,000.00 3,086,000.00 3,053,000.00 2,795,000.00 2,428,000.00 2,922,000.00 2,859,000.00 2,965,000.00 2,521,000.00 3,009,000.00 2,916,000.00 2,970,000.00 2,744,000.00
      Short-Term Debt 1,113,000.00 1,614,000.00 1,698,000.00 660,000.00 527,000.00 530,000.00 538,000.00 330,000.00 34,000.00 35,000.00 37,000.00 25,000.00 29,000.00 29,000.00 19,000.00 51,000.00 14,000.00 15,000.00 263,000.00 267,000.00
      Other Current Liabilities 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 0.00
   Non-Current Liabilities 9,779,000.00 9,643,000.00 9,053,000.00 9,743,000.00 10,373,000.00 10,648,000.00 10,640,000.00 10,695,000.00 11,035,000.00 11,280,000.00 11,307,000.00 10,921,000.00 10,743,000.00 10,758,000.00 10,429,000.00 10,018,000.00 10,572,000.00 10,934,000.00 10,599,000.00 10,415,000.00
      Long-Term Debt 7,306,000.00 7,144,000.00 6,571,000.00 7,289,000.00 7,909,000.00 8,146,000.00 8,151,000.00 8,219,000.00 8,690,000.00 8,954,000.00 8,870,000.00 8,741,000.00 8,219,000.00 7,957,000.00 7,588,000.00 7,194,000.00 7,682,000.00 7,951,000.00 7,570,000.00 7,334,000.00
      Other Non-Current Liabilities 2,473,000.00 2,499,000.00 2,482,000.00 2,454,000.00 2,464,000.00 2,502,000.00 2,489,000.00 2,476,000.00 2,345,000.00 2,326,000.00 2,437,000.00 2,180,000.00 2,524,000.00 2,801,000.00 2,841,000.00 2,824,000.00 2,890,000.00 2,983,000.00 3,029,000.00 3,081,000.00
Equity 1,238,000.00 1,052,000.00 733,000.00 544,000.00 836,000.00 482,000.00 617,000.00 30,572,000.00 406,000.00 315,000.00 425,000.00 29,388,000.00 1,053,000.00 558,000.00 728,000.00 29,630,000.00 1,027,000.00 862,000.00 663,000.00 31,667,000.00
   Shareholders Equity 856,000.00 702,000.00 363,000.00 212,000.00 435,000.00 123,000.00 230,000.00 609,000.00 -9,000.00 -64,000.00 -6,000.00 401,000.00 622,000.00 168,000.00 321,000.00 609,000.00 591,000.00 464,000.00 262,000.00 743,000.00
      Capital Stock 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00 1,466,000.00
      Share Premium 4,284,000.00 4,246,000.00 4,202,000.00 4,181,000.00 4,142,000.00 4,035,000.00 3,962,000.00 3,808,000.00 3,762,000.00 3,688,000.00 3,603,000.00 3,546,000.00 3,518,000.00 3,402,000.00 3,355,000.00 3,269,000.00 3,174,000.00 3,085,000.00 3,011,000.00 2,969,000.00
      Retained Earnings 27,051,000.00 26,735,000.00 26,413,000.00 26,145,000.00 25,814,000.00 25,486,000.00 25,164,000.00 25,289,000.00 24,571,000.00 24,258,000.00 24,153,000.00 24,573,000.00 24,566,000.00 24,342,000.00 24,149,000.00 24,350,000.00 24,201,000.00 23,946,000.00 23,624,000.00 23,699,000.00
      Treasury Shares 28,057,000.00 27,821,000.00 27,602,000.00 27,358,000.00 26,913,000.00 26,736,000.00 26,343,000.00 26,017,000.00 25,834,000.00 25,541,000.00 25,245,000.00 25,128,000.00 24,749,000.00 24,736,000.00 24,401,000.00 24,089,000.00 23,816,000.00 23,665,000.00 23,384,000.00 23,045,000.00
      Accumulated Other Comprehensive Income -3,888,000.00 -3,924,000.00 -4,116,000.00 -4,222,000.00 -4,074,000.00 -4,128,000.00 -4,019,000.00 -3,937,000.00 -3,974,000.00 -3,935,000.00 -3,983,000.00 -4,055,000.00 -4,179,000.00 -4,306,000.00 -4,248,000.00 -4,386,000.00 -4,434,000.00 -4,368,000.00 -4,455,000.00 -4,345,000.00
   Minority Interest 382,000.00 350,000.00 370,000.00 332,000.00 401,000.00 359,000.00 387,000.00 348,000.00 415,000.00 379,000.00 431,000.00 405,000.00 431,000.00 390,000.00 407,000.00 362,000.00 436,000.00 398,000.00 401,000.00 358,000.00
Investments 22,000.00 35,000.00 28,000.00 160,000.00 31,000.00 48,000.00 24,000.00 83,000.00 47,000.00 39,000.00 19,000.00 70,000.00 64,000.00 160,000.00 77,000.00 64,000.00 54,000.00 24,000.00 77,000.00 56,000.00
Debt 8,419,000.00 8,758,000.00 8,269,000.00 7,949,000.00 8,436,000.00 8,676,000.00 8,689,000.00 8,549,000.00 8,724,000.00 8,989,000.00 8,907,000.00 8,766,000.00 8,248,000.00 7,986,000.00 7,607,000.00 7,245,000.00 7,696,000.00 7,966,000.00 7,833,000.00 7,601,000.00
Net Debt 7,140,000.00 7,543,000.00 7,157,000.00 6,693,000.00 7,202,000.00 7,566,000.00 7,610,000.00 7,583,000.00 7,773,000.00 8,170,000.00 8,040,000.00 7,991,000.00 7,310,000.00 7,128,000.00 6,730,000.00 6,413,000.00 6,738,000.00 7,029,000.00 6,838,000.00 6,713,000.00
Common Shares Outstanding 806,064.94 808,220.81 810,420.12 812,574.70 817,010.96 817,087.15 820,441.11 821,412.77 823,372.26 826,691.53 829,568.20 830,212.61 835,214.21 834,120.17 837,941.87 840,480.28 842,848.69 843,513.49 845,968.78 849,893.60
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 15,152,000.00 10,021,000.00 4,911,000.00 -10,244,000.00 15,156,000.00 10,124,000.00 5,065,000.00 -9,412,000.00 14,507,000.00 9,592,000.00 4,770,000.00 -8,653,000.00 13,338,000.00 8,883,000.00 4,399,000.00 -8,545,000.00 13,018,000.00 8,604,000.00 4,344,000.00
Cost Of Revenue 6,047,000.00 3,965,000.00 1,924,000.00 -4,082,000.00 5,977,000.00 4,019,000.00 2,026,000.00 -4,151,000.00 6,131,000.00 4,093,000.00 2,058,000.00 -3,529,000.00 5,664,000.00 3,757,000.00 1,827,000.00 -3,274,000.00 5,202,000.00 3,411,000.00 1,707,000.00
Gross Profit 9,105,000.00 6,056,000.00 2,987,000.00 -6,162,000.00 9,179,000.00 6,105,000.00 3,039,000.00 -5,261,000.00 8,376,000.00 5,499,000.00 2,712,000.00 -5,124,000.00 7,674,000.00 5,126,000.00 2,572,000.00 -5,271,000.00 7,816,000.00 5,193,000.00 2,637,000.00
Operating Expenses -286,000.00 -225,000.00 -151,000.00 259,000.00 -350,000.00 -274,000.00 -99,000.00 -87,000.00 -321,000.00 -116,000.00 0.00 1,296,000.00 -209,000.00 3,000.00 24,000.00 1,926,000.00 -793,000.00 -614,000.00 -303,000.00
   Selling, General and Administrative Expenses 11,162,000.00 7,401,000.00 3,650,000.00 4,962,000.00 5,833,000.00 3,855,000.00 1,916,000.00 -1,710,000.00 5,348,000.00 3,526,000.00 1,758,000.00 -1,432,000.00 4,932,000.00 3,298,000.00 1,641,000.00 -1,493,000.00 4,809,000.00 3,173,000.00 1,605,000.00
   Research and Development Expenses 0 0 0 355,000.00 0 0 0 343,000.00 0 0 0 320,000.00 0 0 0 307,000.00 0 0 0
   Other Operating Expenses -11,448,000.00 -7,626,000.00 -3,801,000.00 -5,058,000.00 -6,183,000.00 -4,129,000.00 -2,015,000.00 -478,000.00 -5,669,000.00 -3,642,000.00 0 2,408,000.00 -5,141,000.00 -3,295,000.00 -1,617,000.00 3,112,000.00 -5,602,000.00 -3,787,000.00 -1,908,000.00
Operating Income 9,391,000.00 6,281,000.00 3,138,000.00 -6,421,000.00 9,529,000.00 6,379,000.00 3,138,000.00 -5,174,000.00 8,697,000.00 5,615,000.00 2,712,000.00 -6,420,000.00 7,883,000.00 5,123,000.00 2,548,000.00 -7,197,000.00 8,609,000.00 5,807,000.00 2,940,000.00
Net Non-Operating Income -6,440,000.00 -4,322,000.00 -2,185,000.00 4,470,000.00 -6,566,000.00 -4,402,000.00 -2,171,000.00 4,153,000.00 -6,293,000.00 -4,167,000.00 -2,151,000.00 4,121,000.00 -5,355,000.00 -3,487,000.00 -1,753,000.00 4,654,000.00 -5,846,000.00 -3,897,000.00 -1,983,000.00
Interest Income 0 172,000.00 81,000.00 359,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 203,000.00 137,000.00 66,000.00 -1,000.00 175,000.00 118,000.00 0.00 299,000.00 0.00 0.00 0.00 172,000.00 0.00 0.00 0.00 195,000.00 0.00 0.00 0.00
Net Interest 0 35,000.00 15,000.00 360,000.00 -175,000.00 -118,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT 2,951,000.00 1,959,000.00 953,000.00 -1,951,000.00 2,963,000.00 1,977,000.00 967,000.00 -1,021,000.00 2,404,000.00 1,448,000.00 561,000.00 -2,299,000.00 2,528,000.00 1,636,000.00 795,000.00 -2,543,000.00 2,763,000.00 1,910,000.00 957,000.00
Income Tax 685,000.00 460,000.00 227,000.00 -506,000.00 693,000.00 482,000.00 238,000.00 -419,000.00 709,000.00 500,000.00 147,000.00 -497,000.00 604,000.00 394,000.00 192,000.00 -534,000.00 613,000.00 441,000.00 229,000.00
Equity Method Investments Income 0 0 0 22,000.00 0 0 0 17,000.00 0 0 0 12,000.00 0 0 0 12,000.00 0 0 0
Net Income Including Non-Controlling Interests 2,072,000.00 1,367,000.00 654,000.00 -1,271,000.00 2,030,000.00 1,333,000.00 637,000.00 -454,000.00 1,469,000.00 800,000.00 330,000.00 -1,918,000.00 1,924,000.00 1,082,000.00 515,000.00 -1,825,000.00 1,886,000.00 1,299,000.00 634,000.00
Net Income Non-Controlling Interests 97,000.00 66,000.00 36,000.00 -87,000.00 120,000.00 81,000.00 46,000.00 -74,000.00 113,000.00 74,000.00 42,000.00 202,000.00 -144,000.00 80,000.00 44,000.00 -92,000.00 132,000.00 85,000.00 47,000.00
Net Income 2,169,000.00 1,433,000.00 690,000.00 -1,358,000.00 2,150,000.00 1,414,000.00 683,000.00 -528,000.00 1,582,000.00 874,000.00 372,000.00 -1,716,000.00 1,780,000.00 1,162,000.00 559,000.00 -1,917,000.00 2,018,000.00 1,384,000.00 681,000.00
EBIT 3,154,000.00 2,096,000.00 1,019,000.00 -1,952,000.00 3,138,000.00 2,095,000.00 967,000.00 -722,000.00 2,404,000.00 1,448,000.00 561,000.00 -2,127,000.00 2,528,000.00 1,636,000.00 795,000.00 -2,348,000.00 2,763,000.00 1,910,000.00 957,000.00
Deprecation and Amortization 1,198,000.00 785,000.00 387,000.00 674,000.00 457,000.00 307,000.00 150,000.00 688,000.00 417,000.00 273,000.00 128,000.00 653,000.00 410,000.00 276,000.00 138,000.00 682,000.00 414,000.00 274,000.00 137,000.00
EBITDA 4,352,000.00 2,881,000.00 1,406,000.00 -1,278,000.00 3,595,000.00 2,402,000.00 1,117,000.00 -34,000.00 2,821,000.00 1,721,000.00 689,000.00 -1,474,000.00 2,938,000.00 1,912,000.00 933,000.00 -1,666,000.00 3,177,000.00 2,184,000.00 1,094,000.00
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 0.00 0.00 0.00
Diluted 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 0.00 0.00 0.00
Average Shares Outstanding Basic 810,000.00 811,200.00 812,000.00 812,200.00 820,100.00 821,300.00 822,800.00 819,000.00 828,800.00 830,400.00 831,400.00 828,600.00 837,700.00 838,700.00 840,600.00 838,500.00 845,900.00 847,000.00 848,600.00
Average Shares Outstanding Diluted 812,800.00 814,200.00 815,000.00 817,800.00 824,200.00 824,900.00 825,900.00 821,200.00 830,500.00 832,100.00 833,000.00 829,600.00 840,400.00 841,500.00 843,700.00 842,400.00 849,000.00 850,400.00 851,400.00
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
Operating Cash Flow 2,745,000.00 1,484,000.00 600,000.00 -1,083,000.00 2,838,000.00 1,671,000.00 681,000.00 -1,056,000.00 2,609,000.00 1,457,000.00 735,000.00 -627,000.00 1,883,000.00 914,000.00 386,000.00 -717,000.00 2,219,000.00 1,225,000.00 598,000.00
   Operating Net Income 2,266,000.00 1,499,000.00 726,000.00 -1,445,000.00 2,270,000.00 1,495,000.00 729,000.00 -602,000.00 1,695,000.00 948,000.00 414,000.00 -4,744,000.00 3,704,000.00 2,404,000.00 603,000.00 -2,009,000.00 2,150,000.00 1,469,000.00 728,000.00
   Deprecation and Amortization 1,198,000.00 785,000.00 387,000.00 674,000.00 457,000.00 307,000.00 150,000.00 688,000.00 417,000.00 273,000.00 128,000.00 653,000.00 410,000.00 276,000.00 138,000.00 682,000.00 414,000.00 274,000.00 137,000.00
   Deferred Income Tax 8,000.00 -17,000.00 -24,000.00 101,000.00 -98,000.00 -92,000.00 12,000.00 187,000.00 -109,000.00 -156,000.00 -20,000.00 -42,000.00 -13,000.00 -16,000.00 -7,000.00 73,000.00 -146,000.00 -65,000.00 6,000.00
   Share Based Compensation 127,000.00 55,000.00 23,000.00 -35,000.00 108,000.00 43,000.00 19,000.00 -26,000.00 97,000.00 37,000.00 14,000.00 -54,000.00 105,000.00 45,000.00 29,000.00 -68,000.00 107,000.00 58,000.00 38,000.00
   Change in Working Capital 223,000.00 -92,000.00 217,000.00 -712,000.00 607,000.00 518,000.00 275,000.00 -181,000.00 77,000.00 210,000.00 57,000.00 -925,000.00 647,000.00 372,000.00 402,000.00 -59,000.00 148,000.00 -12,000.00 148,000.00
   Other Operating Activities -1,077,000.00 -746,000.00 -729,000.00 334,000.00 -506,000.00 -600,000.00 -504,000.00 -1,122,000.00 432,000.00 145,000.00 142,000.00 4,485,000.00 -2,970,000.00 -2,167,000.00 -779,000.00 664,000.00 -454,000.00 -499,000.00 -459,000.00
Investing Cash Flow -714,000.00 -560,000.00 -159,000.00 417,000.00 -454,000.00 -304,000.00 -193,000.00 559,000.00 -599,000.00 -438,000.00 -264,000.00 450,000.00 -1,428,000.00 -482,000.00 -141,000.00 301,000.00 -462,000.00 -289,000.00 -142,000.00
   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 387,000.00 232,000.00 124,000.00 -185,000.00 377,000.00 243,000.00 126,000.00 -313,000.00 508,000.00 347,000.00 163,000.00 -201,000.00 522,000.00 300,000.00 122,000.00 -151,000.00 374,000.00 237,000.00 107,000.00
   Net Purchase/Sale of Investments Net 1,050,000.00 735,000.00 229,000.00 -136,000.00 597,000.00 417,000.00 223,000.00 -90,000.00 619,000.00 383,000.00 129,000.00 285,000.00 293,000.00 162,000.00 47,000.00 -70,000.00 198,000.00 144,000.00 35,000.00
   Net Purchase/Sale of Business 293,000.00 293,000.00 0 0 0 0 0 0 0 0 0 -98,000.00 817,000.00 90,000.00 0 0 0 0 0
   Other Investing Activities -2,444,000.00 -1,820,000.00 -512,000.00 738,000.00 -1,428,000.00 -964,000.00 -542,000.00 962,000.00 -1,726,000.00 -1,168,000.00 -556,000.00 464,000.00 -3,060,000.00 -1,034,000.00 -310,000.00 522,000.00 -1,034,000.00 -670,000.00 -284,000.00
Financing Cash Flow -1,895,000.00 -867,000.00 -458,000.00 288,000.00 -2,110,000.00 -1,206,000.00 -361,000.00 338,000.00 -1,801,000.00 -955,000.00 -375,000.00 -77,000.00 -286,000.00 -385,000.00 -204,000.00 112,000.00 -1,668,000.00 -884,000.00 -334,000.00
   Net Issuance/Repayment of Debt 1,291,000.00 606,000.00 168,000.00 -2,710,000.00 841,000.00 1,238,000.00 1,229,000.00 -5,251,000.00 1,836,000.00 1,985,000.00 2,922,000.00 -420,000.00 1,459,000.00 1,002,000.00 418,000.00 -77,000.00 442,000.00 476,000.00 390,000.00
   Net Issuance/Repurchase of Equity 887,000.00 581,000.00 324,000.00 -68,000.00 1,895,000.00 1,444,000.00 845,000.00 -812,000.00 1,208,000.00 810,000.00 302,000.00 133,000.00 1,293,000.00 1,027,000.00 581,000.00 552,000.00 1,246,000.00 864,000.00 402,000.00
   Dividends Paid 1,300,000.00 880,000.00 406,000.00 -747,000.00 1,275,000.00 867,000.00 394,000.00 -731,000.00 1,243,000.00 847,000.00 390,000.00 -707,000.00 1,206,000.00 814,000.00 378,000.00 -676,000.00 1,183,000.00 796,000.00 376,000.00
   Other Financing Activities -5,373,000.00 -2,934,000.00 -1,356,000.00 3,813,000.00 -6,121,000.00 -4,755,000.00 -2,829,000.00 7,132,000.00 -6,088,000.00 -4,597,000.00 -3,989,000.00 917,000.00 -4,244,000.00 -3,228,000.00 -1,581,000.00 313,000.00 -4,539,000.00 -3,020,000.00 -1,502,000.00
Net Change in Cash 183,000.00 119,000.00 16,000.00 -395,000.00 268,000.00 144,000.00 113,000.00 -121,000.00 176,000.00 44,000.00 92,000.00 -234,000.00 106,000.00 26,000.00 45,000.00 -282,000.00 70,000.00 49,000.00 107,000.00
   Cash at Beginning of Period 1,096,000.00 1,096,000.00 1,096,000.00 1,491,000.00 966,000.00 966,000.00 966,000.00 1,087,000.00 775,000.00 775,000.00 775,000.00 1,009,000.00 832,000.00 832,000.00 832,000.00 1,114,000.00 888,000.00 888,000.00 888,000.00
   Cash at End of Period 1,279,000.00 1,215,000.00 1,112,000.00 1,096,000.00 1,234,000.00 1,110,000.00 1,079,000.00 966,000.00 951,000.00 819,000.00 867,000.00 775,000.00 938,000.00 858,000.00 877,000.00 832,000.00 958,000.00 937,000.00 995,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0