Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 12.21 46.16 15.94 14.80 18.82
Price to Sales 1.16 0.82 0.98 1.05 1.35
Book Value Per Common Share 74.32 62.46 63.43 59.50 54.60
Price to Book 4.69 3.84 3.82 3.67 4.16
Price to Operating Cash Flow 32.40 8.56 17.47 13.98 12.36
Price to Free Cash Flow
Enterprise Value to EBITDA 76012.94 112223.02 90175.76 88164.29 107788.81
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-10-03 2021-07-04 2021-04-04 2020-12-31
Price to Earnings 25.86 26.31 52.33 12.71 14.18 20.90 14.94 23.00 42.81 18.95 24.50 69.77 19.06 29.35 62.86
Price to Sales 1.88 2.17 4.27 1.43 1.84 4.05 1.04 1.66 3.26 1.13 1.69 3.62 1.47 2.34 5.05
Book Value Per Common Share 87.40 85.56 79.30 75.19 69.69 66.29 75.19 72.98 67.98 59.42 61.98 59.79 59.50 56.50 54.77 55.46 54.60
Price to Book 4.83 3.83 3.95 4.31 3.97 4.44 3.04 3.36 3.51 3.42 3.12 3.43 3.67 4.03 4.42 4.65 4.16
Price to Operating Cash Flow 27.89 57.67 -14377.98 689.94 -67.04 150.85 12.91 35.50 68.29 25.15 35.94 177.85 21.72 36.97 111.76
Price to Free Cash Flow
Enterprise Value to EBITDA 137377.04 147758.45 295136.21 83556.52 96720.53 156514.83 83055.84 130209.03 248287.89 106415.41 150587.51 382813.98 115663.90 177556.63 384092.09

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 450.10 -65.86 3.12 22.12
Revenue YoY 0.55 18.74 16.44 20.24
EBITDA YoY 109.52 -20.44 7.89 13.28
Net Profit YoY 436.87 -65.83 0.94 19.12
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-10-03 2021-07-04 2021-04-04 2020-12-31
Earning YoY 31.16 107.85 30.41 38.51 43.43 91.04 35.95 168.71 45.15 100.98
Revenue YoY 49.29 105.34 49.60 103.75 48.98 101.67 56.05 102.16 49.86 100.92
EBITDA YoY 38.97 108.75 35.47 52.39 46.19 95.82 48.84 139.68 44.12 99.39
Net Profit YoY 31.27 108.01 29.75 36.43 43.44 91.14 35.71 167.94 44.39 99.50

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 16.38 19.34 18.18 22.04 26.06
Quick Ratio 0.51 0.53 0.51 0.63 0.75
Current Ratio 1.38 1.20 1.28 1.59 1.67
Debt to Equity 1.79 2.23 1.96 1.52 1.52
Long-Term Debt to Equity 0.42 0.54 0.53 0.39 0.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-10-03 2021-07-04 2021-04-04 2020-12-31
Cash Per Common Share 22.92 22.32 15.68 16.25 15.68 21.59 21.62 16.34 17.24 20.95 21.16 19.71 22.38 20.79 19.99 22.82 26.16
Quick Ratio 0.98 0.92 0.72 0.70 0.74 0.76 0.83 0.78 0.69 0.71 0.90 0.90 0.63 0.99 1.00 1.06 0.75
Current Ratio 1.77 1.64 1.34 1.32 1.34 1.34 1.43 1.40 1.29 1.37 1.66 1.68 1.59 1.80 1.81 1.82 1.67
Debt to Equity 1.57 1.66 1.72 1.83 1.96 2.15 1.75 1.79 1.89 2.10 1.54 1.58 1.52 1.56 1.57 1.54 1.52
Long-Term Debt to Equity 0.85 0.86 0.75 0.80 0.91 0.99 0.80 0.82 0.79 1.00 0.74 0.77 0.39 0.80 0.82 0.81 0.44

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 12.51 2.30 7.10 8.99 7.91
ROE 34.90 7.42 21.04 22.67 19.90
Gross Margin 24.52 23.80 22.76 24.29 25.36
Operating Margin 12.68 4.84 8.66 9.56 9.80
EBITDA Margin 15.24 7.31 10.91 11.78 12.50
Net Profit Margin 9.49 1.78 6.17 7.12 7.19
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-10-03 2021-07-04 2021-04-04 2020-12-31
ROA 6.69 5.00 2.53 11.01 8.68 6.26 6.75 4.76 2.51 5.11 4.58 1.73 7.53 5.32 2.63
ROE 17.18 13.31 6.88 31.11 25.71 19.73 18.55 13.30 7.26 15.82 11.60 4.46 19.29 13.68 6.68
Gross Margin 21.20 21.39 21.34 20.45 20.22 19.86 20.04 19.96 19.55 19.30 20.02 19.03 19.38 19.66 19.81
Operating Margin 11.04 12.08 11.82 14.44 16.22 22.48 10.07 10.34 10.75 8.48 9.12 7.39 10.28 10.74 10.81
EBITDA Margin 13.71 14.73 14.49 16.97 18.74 25.06 12.51 12.74 13.13 10.62 11.14 9.39 12.48 12.98 13.07
Net Profit Margin 7.27 8.26 8.16 11.26 12.99 19.39 6.95 7.22 7.61 5.99 6.88 5.19 7.69 7.98 8.04

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-10-03 2021-07-04 2021-04-04 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 31,540,000.00 32,005,000.00 30,299,000.00 23,710,000.00 22,624,000.00
   Current Assets 21,378,000.00 20,120,000.00 18,703,000.00 16,896,000.00 16,161,000.00
      Cash and Short-Term Investments 2,264,000.00 2,741,000.00 2,573,000.00 3,187,000.00 3,862,000.00
            Cash and Cash Equivalents 1,671,000.00 2,179,000.00 2,101,000.00 2,592,000.00 3,401,000.00
            Short-Term Investments 593,000.00 562,000.00 472,000.00 595,000.00 0
      Net Receivables 5,613,000.00 6,113,000.00 4,840,000.00 3,565,000.00 3,440,000.00
      Inventory 5,742,000.00 5,677,000.00 5,603,000.00 4,355,000.00 3,425,000.00
      Other Current Assets 7,759,000.00 5,589,000.00 5,687,000.00 5,789,000.00 5,434,000.00
   Non-Current Assets 10,162,000.00 11,885,000.00 11,596,000.00 6,814,000.00 6,463,000.00
      Property, Plant, Equipment Net 6,888,000.00 6,750,000.00 6,013,000.00 4,866,000.00 4,693,000.00
      Goodwill 2,370,000.00 2,499,000.00 2,343,000.00 3,118,000.00 3,130,000.00
      Intangible Assets 2,351,000.00 2,519,000.00 2,687,000.00 900,000.00 963,000.00
      Long-Term Investments 7,544,000.00 7,190,000.00 7,032,000.00 6,152,000.00 5,764,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -8,991,000.00 -7,073,000.00 -6,479,000.00 -8,222,000.00 -8,087,000.00
Liabilities 20,232,000.00 22,101,000.00 20,074,000.00 14,309,000.00 13,635,000.00
   Current Liabilities 15,437,000.00 16,715,000.00 14,645,000.00 10,657,000.00 9,682,000.00
      Payables and Expenses 8,572,000.00 10,780,000.00 7,786,000.00 6,404,000.00 5,764,000.00
            Account Payables 4,232,000.00 4,584,000.00 4,252,000.00 3,021,000.00 2,820,000.00
            Current Accrued Liabilities 4,340,000.00 6,196,000.00 3,534,000.00 3,383,000.00 2,944,000.00
      Short-Term Debt 2,275,000.00 1,894,000.00 5,964,000.00 893,000.00 877,000.00
      Other Current Liabilities 4,590,000.00 4,041,000.00 895,000.00 3,360,000.00 3,041,000.00
   Non-Current Liabilities 4,795,000.00 5,386,000.00 5,429,000.00 3,652,000.00 3,953,000.00
      Long-Term Debt 4,784,000.00 4,802,000.00 4,498,000.00 3,579,000.00 3,610,000.00
      Other Non-Current Liabilities 11,000.00 584,000.00 931,000.00 73,000.00 343,000.00
Equity 11,308,000.00 9,904,000.00 10,225,000.00 9,401,000.00 8,989,000.00
   Shareholders Equity 10,271,000.00 8,850,000.00 8,975,000.00 8,474,000.00 8,062,000.00
      Capital Stock 2,636,000.00 2,564,000.00 2,243,000.00 2,427,000.00 2,404,000.00
      Share Premium 0 0 0 0 0
      Retained Earnings 20,828,000.00 17,851,000.00 18,037,000.00 16,741,000.00 15,419,000.00
      Treasury Shares 10,748,000.00 9,359,000.00 9,415,000.00 9,123,000.00 7,779,000.00
      Accumulated Other Comprehensive Income -7,335,000.00 -6,618,000.00 -5,670,000.00 -4,713,000.00 -5,946,000.00
   Minority Interest 1,037,000.00 1,054,000.00 992,000.00 927,000.00 927,000.00
Investments 13,750,000.00 13,865,000.00 12,344,000.00 10,312,000.00 5,764,000.00
Debt 7,059,000.00 6,696,000.00 10,462,000.00 4,472,000.00 4,487,000.00
Net Debt 4,795,000.00 3,955,000.00 7,889,000.00 1,285,000.00 625,000.00
Common Shares Outstanding 0 0 0 142,426.73 147,657.58
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 41,597,000.00 41,369,000.00 34,841,000.00 29,922,000.00 24,885,000.00
Cost Of Revenue 31,398,000.00 31,523,000.00 26,911,000.00 22,653,000.00 18,573,000.00
Gross Profit 10,199,000.00 9,846,000.00 7,930,000.00 7,269,000.00 6,312,000.00
Operating Expenses 6,449,000.00 8,085,000.00 5,001,000.00 4,563,000.00 4,043,000.00
   Selling, General and Administrative Expenses 3,275,000.00 3,333,000.00 2,687,000.00 2,374,000.00 2,125,000.00
   Research and Development Expenses 4,385,000.00 4,496,000.00 3,834,000.00 3,270,000.00 2,718,000.00
   Other Operating Expenses -1,211,000.00 256,000.00 -1,520,000.00 -1,081,000.00 -800,000.00
Operating Income 3,750,000.00 1,761,000.00 2,929,000.00 2,706,000.00 2,269,000.00
Net Non-Operating Income 1,153,000.00 -135,000.00 -110,000.00 45,000.00 69,000.00
Interest Income 0 0 0 0 121,000.00
Interest Expense 370,000.00 375,000.00 199,000.00 111,000.00 100,000.00
Net Interest 0 0 0 0 21,000.00
EBT 4,903,000.00 1,626,000.00 2,819,000.00 2,751,000.00 2,338,000.00
Income Tax 835,000.00 786,000.00 636,000.00 587,000.00 510,000.00
Equity Method Investments Income 1,876,000.00 2,271,000.00 1,620,000.00 2,448,000.00 2,223,000.00
Net Income Including Non-Controlling Interests 3,824,000.00 613,000.00 2,119,000.00 2,098,000.00 1,748,000.00
Net Income Non-Controlling Interests 122,000.00 122,000.00 32,000.00 33,000.00 41,000.00
Net Income 3,946,000.00 735,000.00 2,151,000.00 2,131,000.00 1,789,000.00
EBIT 5,273,000.00 2,001,000.00 3,018,000.00 2,862,000.00 2,438,000.00
Deprecation and Amortization 1,065,000.00 1,024,000.00 784,000.00 662,000.00 673,000.00
EBITDA 6,338,000.00 3,025,000.00 3,802,000.00 3,524,000.00 3,111,000.00
EPS 0.03 0.01 0.02 0.01 0.01
Diluted EPS 0.03 0.01 0.02 0.01 0.01
Average Shares Outstanding Basic 138,200.00 141,700.00 141,500.00 144,600.00 148,200.00
Average Shares Outstanding Diluted 139,100.00 142,700.00 142,300.00 145,900.00 149,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,487,000.00 3,966,000.00 1,962,000.00 2,256,000.00 2,722,000.00
   Operating Net Income 17,010,000.00 3,972,000.00 9,223,000.00 7,261,000.00 6,107,000.00
   Deprecation and Amortization 1,065,000.00 1,024,000.00 784,000.00 662,000.00 673,000.00
   Deferred Income Tax -209,000.00 -457,000.00 -274,000.00 7,000.00 7,000.00
   Share Based Compensation 0 0 0 37,000.00 31,000.00
   Change in Working Capital -1,049,000.00 2,988,000.00 1,045,000.00 1,707,000.00 213,000.00
   Other Operating Activities -15,330,000.00 -3,561,000.00 -8,816,000.00 -7,418,000.00 -4,309,000.00
Investing Cash Flow -1,782,000.00 -1,643,000.00 -4,172,000.00 -873,000.00 -719,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,208,000.00 3,639,000.00 2,748,000.00 2,274,000.00 1,631,000.00
   Net Purchase/Sale of Investments Net 3,048,000.00 2,806,000.00 2,367,000.00 1,454,000.00 1,035,000.00
   Net Purchase/Sale of Business 232,000.00 292,000.00 3,191,000.00 0 51,000.00
   Other Investing Activities -6,270,000.00 -8,380,000.00 -12,478,000.00 -4,601,000.00 -3,436,000.00
Financing Cash Flow -173,000.00 -2,177,000.00 1,669,000.00 -2,227,000.00 280,000.00
   Net Issuance/Repayment of Debt 4,051,000.00 1,618,000.00 5,914,000.00 114,000.00 1,760,000.00
   Net Issuance/Repurchase of Equity 0 0 374,000.00 1,458,000.00 1,364,000.00
   Dividends Paid 969,000.00 921,000.00 855,000.00 809,000.00 782,000.00
   Other Financing Activities -5,193,000.00 -4,716,000.00 -5,474,000.00 -4,608,000.00 -3,626,000.00
Net Change in Cash -508,000.00 78,000.00 -491,000.00 -809,000.00 2,272,000.00
   Cash at Beginning of Period 2,179,000.00 2,101,000.00 0 0 0
   Cash at End of Period 1,671,000.00 2,179,000.00 0 0 0
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 2021-10-03 2021-07-04 2021-04-04 2020-12-31
Assets 33,638,000.00 34,259,000.00 32,531,000.00 31,540,000.00 32,052,000.00 31,320,000.00 31,827,000.00 32,005,000.00 32,097,000.00 31,735,000.00 31,433,000.00 30,299,000.00 29,769,000.00 24,477,000.00 24,122,000.00 23,710,000.00 23,063,000.00 22,608,000.00 22,962,000.00 22,624,000.00
   Current Assets 16,720,000.00 16,933,000.00 15,540,000.00 21,378,000.00 15,316,000.00 14,962,000.00 15,620,000.00 20,120,000.00 15,912,000.00 15,410,000.00 15,368,000.00 18,703,000.00 14,398,000.00 12,762,000.00 12,596,000.00 16,896,000.00 12,320,000.00 11,931,000.00 12,122,000.00 16,161,000.00
      Cash and Short-Term Investments 3,159,000.00 3,074,000.00 2,158,000.00 2,264,000.00 2,251,000.00 2,183,000.00 3,051,000.00 2,741,000.00 3,064,000.00 2,314,000.00 2,439,000.00 2,573,000.00 2,965,000.00 2,998,000.00 2,803,000.00 3,187,000.00 3,018,000.00 2,919,000.00 3,355,000.00 3,862,000.00
            Cash and Cash Equivalents 2,566,000.00 2,319,000.00 1,532,000.00 1,671,000.00 1,733,000.00 1,590,000.00 2,541,000.00 2,179,000.00 2,517,000.00 1,936,000.00 1,980,000.00 2,101,000.00 2,570,000.00 2,546,000.00 2,276,000.00 2,592,000.00 2,588,000.00 2,481,000.00 2,958,000.00 3,401,000.00
            Short-Term Investments 593,000.00 755,000.00 626,000.00 593,000.00 518,000.00 593,000.00 510,000.00 562,000.00 452,000.00 512,000.00 459,000.00 472,000.00 466,000.00 536,000.00 527,000.00 595,000.00 430,000.00 0 0 0
      Net Receivables 6,089,000.00 6,380,000.00 6,181,000.00 5,613,000.00 5,859,000.00 6,060,000.00 5,888,000.00 6,113,000.00 6,120,000.00 6,329,000.00 5,834,000.00 4,840,000.00 4,465,000.00 3,895,000.00 3,969,000.00 3,565,000.00 3,752,000.00 3,670,000.00 3,698,000.00 3,440,000.00
      Inventory 6,256,000.00 6,287,000.00 6,123,000.00 5,742,000.00 6,134,000.00 5,857,000.00 5,758,000.00 5,677,000.00 5,906,000.00 6,026,000.00 5,878,000.00 5,603,000.00 5,556,000.00 4,782,000.00 4,586,000.00 4,355,000.00 4,322,000.00 4,076,000.00 3,753,000.00 3,425,000.00
      Other Current Assets 1,216,000.00 1,192,000.00 1,078,000.00 7,759,000.00 1,072,000.00 862,000.00 923,000.00 5,589,000.00 822,000.00 741,000.00 1,217,000.00 5,687,000.00 1,412,000.00 1,087,000.00 1,238,000.00 5,789,000.00 1,228,000.00 1,266,000.00 1,316,000.00 5,434,000.00
   Non-Current Assets 16,918,000.00 17,326,000.00 16,991,000.00 10,162,000.00 16,736,000.00 16,358,000.00 16,207,000.00 11,885,000.00 16,185,000.00 16,325,000.00 16,065,000.00 11,596,000.00 15,371,000.00 11,715,000.00 11,526,000.00 6,814,000.00 10,743,000.00 10,677,000.00 10,840,000.00 6,463,000.00
      Property, Plant, Equipment Net 13,097,000.00 12,896,000.00 12,542,000.00 6,888,000.00 12,115,000.00 11,871,000.00 11,708,000.00 6,750,000.00 11,598,000.00 11,436,000.00 11,118,000.00 6,013,000.00 10,702,000.00 9,804,000.00 9,773,000.00 4,866,000.00 9,611,000.00 9,567,000.00 9,510,000.00 4,693,000.00
      Goodwill 2,222,000.00 2,433,000.00 2,397,000.00 2,370,000.00 2,412,000.00 2,394,000.00 2,406,000.00 2,499,000.00 2,379,000.00 2,404,000.00 2,365,000.00 2,343,000.00 2,229,000.00 1,391,000.00 1,286,000.00 3,118,000.00 1,289,000.00 1,291,000.00 1,290,000.00 3,130,000.00
      Intangible Assets 2,345,000.00 2,395,000.00 2,401,000.00 2,351,000.00 2,462,000.00 2,502,000.00 2,455,000.00 2,519,000.00 2,518,000.00 2,584,000.00 2,640,000.00 2,687,000.00 2,602,000.00 1,054,000.00 917,000.00 900,000.00 921,000.00 942,000.00 964,000.00 963,000.00
      Long-Term Investments 2,187,000.00 2,238,000.00 2,215,000.00 7,544,000.00 1,922,000.00 1,828,000.00 1,774,000.00 7,190,000.00 1,785,000.00 1,861,000.00 1,860,000.00 7,032,000.00 1,826,000.00 1,544,000.00 1,592,000.00 6,152,000.00 1,543,000.00 1,494,000.00 1,592,000.00 5,764,000.00
      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 -2,933,000.00 -2,636,000.00 -2,564,000.00 -8,991,000.00 -2,175,000.00 -2,237,000.00 -2,136,000.00 -7,073,000.00 -2,095,000.00 -1,960,000.00 -1,918,000.00 -6,479,000.00 -1,988,000.00 -2,078,000.00 -2,042,000.00 -8,222,000.00 -2,621,000.00 -2,617,000.00 -2,516,000.00 -8,087,000.00
Liabilities 20,540,000.00 21,386,000.00 20,560,000.00 20,232,000.00 20,711,000.00 20,744,000.00 21,726,000.00 22,101,000.00 20,419,000.00 20,379,000.00 20,552,000.00 20,074,000.00 20,159,000.00 14,822,000.00 14,759,000.00 14,309,000.00 14,060,000.00 13,815,000.00 13,931,000.00 13,635,000.00
   Current Liabilities 9,454,000.00 10,315,000.00 11,575,000.00 15,437,000.00 11,603,000.00 11,144,000.00 11,686,000.00 16,715,000.00 11,126,000.00 11,045,000.00 11,923,000.00 14,645,000.00 10,530,000.00 7,671,000.00 7,512,000.00 10,657,000.00 6,861,000.00 6,604,000.00 6,660,000.00 9,682,000.00
      Payables and Expenses 7,978,000.00 8,308,000.00 8,367,000.00 8,572,000.00 8,638,000.00 8,714,000.00 10,363,000.00 10,780,000.00 8,610,000.00 8,500,000.00 8,286,000.00 7,786,000.00 7,745,000.00 6,661,000.00 6,804,000.00 6,404,000.00 6,409,000.00 6,149,000.00 6,039,000.00 5,764,000.00
            Account Payables 4,073,000.00 4,411,000.00 4,616,000.00 4,232,000.00 4,512,000.00 4,703,000.00 4,801,000.00 4,584,000.00 4,558,000.00 4,640,000.00 4,636,000.00 4,252,000.00 4,000,000.00 3,405,000.00 3,497,000.00 3,021,000.00 3,210,000.00 3,172,000.00 3,279,000.00 2,820,000.00
            Current Accrued Liabilities 3,905,000.00 3,897,000.00 3,751,000.00 4,340,000.00 4,126,000.00 4,011,000.00 5,562,000.00 6,196,000.00 4,052,000.00 3,860,000.00 3,650,000.00 3,534,000.00 3,745,000.00 3,256,000.00 3,307,000.00 3,383,000.00 3,199,000.00 2,977,000.00 2,760,000.00 2,944,000.00
      Short-Term Debt 790,000.00 1,304,000.00 2,692,000.00 2,275,000.00 2,731,000.00 2,077,000.00 1,064,000.00 1,894,000.00 2,514,000.00 2,611,000.00 3,343,000.00 5,964,000.00 5,058,000.00 1,640,000.00 934,000.00 893,000.00 540,000.00 511,000.00 788,000.00 877,000.00
      Other Current Liabilities 686,000.00 703,000.00 516,000.00 4,590,000.00 234,000.00 353,000.00 259,000.00 4,041,000.00 2,000.00 -66,000.00 294,000.00 895,000.00 -2,273,000.00 -630,000.00 -226,000.00 3,360,000.00 -88,000.00 -56,000.00 -167,000.00 3,041,000.00
   Non-Current Liabilities 11,086,000.00 11,071,000.00 8,985,000.00 4,795,000.00 9,108,000.00 9,600,000.00 10,040,000.00 5,386,000.00 9,293,000.00 9,334,000.00 8,629,000.00 5,429,000.00 9,629,000.00 7,151,000.00 7,247,000.00 3,652,000.00 7,199,000.00 7,211,000.00 7,271,000.00 3,953,000.00
      Long-Term Debt 6,824,000.00 6,807,000.00 4,796,000.00 4,784,000.00 4,856,000.00 5,426,000.00 5,771,000.00 4,802,000.00 4,950,000.00 5,089,000.00 4,409,000.00 4,498,000.00 5,450,000.00 3,490,000.00 3,502,000.00 3,579,000.00 3,602,000.00 3,620,000.00 3,620,000.00 3,610,000.00
      Other Non-Current Liabilities 4,262,000.00 4,264,000.00 4,189,000.00 11,000.00 4,252,000.00 4,174,000.00 4,269,000.00 584,000.00 4,343,000.00 4,245,000.00 4,220,000.00 931,000.00 4,179,000.00 3,661,000.00 3,745,000.00 73,000.00 3,597,000.00 3,591,000.00 3,651,000.00 343,000.00
Equity 13,098,000.00 12,873,000.00 11,971,000.00 11,308,000.00 11,341,000.00 10,576,000.00 10,101,000.00 9,904,000.00 11,678,000.00 11,356,000.00 10,881,000.00 10,225,000.00 9,610,000.00 9,655,000.00 9,363,000.00 9,401,000.00 9,003,000.00 8,793,000.00 9,031,000.00 8,989,000.00
   Shareholders Equity 12,064,000.00 11,789,000.00 10,924,000.00 10,271,000.00 10,315,000.00 9,551,000.00 9,067,000.00 8,850,000.00 10,658,000.00 10,337,000.00 9,623,000.00 8,975,000.00 8,380,000.00 8,738,000.00 8,436,000.00 8,474,000.00 8,082,000.00 7,866,000.00 8,109,000.00 8,062,000.00
      Capital Stock 2,651,000.00 2,624,000.00 2,600,000.00 2,636,000.00 2,612,000.00 2,582,000.00 2,557,000.00 2,564,000.00 2,558,000.00 2,532,000.00 2,230,000.00 2,243,000.00 2,214,000.00 2,423,000.00 2,411,000.00 2,427,000.00 2,412,000.00 2,405,000.00 2,393,000.00 2,404,000.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 22,300,000.00 22,040,000.00 21,401,000.00 20,828,000.00 20,660,000.00 20,101,000.00 19,605,000.00 17,851,000.00 19,520,000.00 19,102,000.00 18,605,000.00 18,037,000.00 17,628,000.00 17,450,000.00 16,952,000.00 16,741,000.00 16,555,000.00 16,228,000.00 15,825,000.00 15,419,000.00
      Treasury Shares 10,676,000.00 10,708,000.00 10,711,000.00 10,748,000.00 10,783,000.00 10,797,000.00 10,831,000.00 9,359,000.00 9,369,000.00 9,380,000.00 9,389,000.00 9,415,000.00 9,449,000.00 9,439,000.00 9,412,000.00 9,123,000.00 8,974,000.00 8,838,000.00 8,172,000.00 7,779,000.00
      Accumulated Other Comprehensive Income -6,633,000.00 -6,501,000.00 -7,098,000.00 -7,335,000.00 -6,522,000.00 -7,005,000.00 -6,792,000.00 -6,618,000.00 -6,153,000.00 -5,751,000.00 -5,469,000.00 -5,670,000.00 -6,039,000.00 -5,088,000.00 -4,545,000.00 -4,713,000.00 -5,733,000.00 -5,787,000.00 -5,811,000.00 -5,946,000.00
   Minority Interest 1,034,000.00 1,084,000.00 1,047,000.00 1,037,000.00 1,026,000.00 1,025,000.00 1,034,000.00 1,054,000.00 1,020,000.00 1,019,000.00 997,000.00 992,000.00 978,000.00 917,000.00 927,000.00 927,000.00 921,000.00 927,000.00 922,000.00 927,000.00
Investments 8,869,000.00 9,373,000.00 9,022,000.00 13,750,000.00 8,299,000.00 8,481,000.00 8,172,000.00 13,865,000.00 8,357,000.00 8,702,000.00 8,153,000.00 12,344,000.00 6,757,000.00 5,975,000.00 6,088,000.00 10,312,000.00 5,725,000.00 5,164,000.00 5,290,000.00 5,764,000.00
Debt 7,614,000.00 8,111,000.00 7,488,000.00 7,059,000.00 7,587,000.00 7,503,000.00 6,835,000.00 6,696,000.00 7,464,000.00 7,700,000.00 7,752,000.00 10,462,000.00 10,508,000.00 5,130,000.00 4,436,000.00 4,472,000.00 4,142,000.00 4,131,000.00 4,408,000.00 4,487,000.00
Net Debt 4,455,000.00 5,037,000.00 5,330,000.00 4,795,000.00 5,336,000.00 5,320,000.00 3,784,000.00 3,955,000.00 4,400,000.00 5,386,000.00 5,313,000.00 7,889,000.00 7,543,000.00 2,132,000.00 1,633,000.00 1,285,000.00 1,124,000.00 1,212,000.00 1,053,000.00 625,000.00
Common Shares Outstanding 138,036.25 137,786.04 137,754.90 0 137,181.85 137,047.65 136,779.88 0 141,744.86 141,647.13 141,561.78 0 141,022.46 140,992.32 141,097.82 142,426.73 143,031.85 143,607.16 146,202.58 147,657.58
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 2021-10-03 2021-07-04 2021-04-04
Revenues 30,962,000.00 20,739,000.00 10,100,000.00 -20,944,000.00 31,325,000.00 20,939,000.00 10,277,000.00 -21,111,000.00 31,176,000.00 20,927,000.00 10,377,000.00 -14,872,000.00 25,392,000.00 16,272,000.00 8,049,000.00 -15,248,000.00 22,592,000.00 15,075,000.00 7,503,000.00
Cost Of Revenue 24,397,000.00 16,303,000.00 7,945,000.00 -18,463,000.00 24,920,000.00 16,705,000.00 8,236,000.00 -18,503,000.00 24,928,000.00 16,750,000.00 8,348,000.00 -13,112,000.00 20,492,000.00 13,014,000.00 6,517,000.00 -13,689,000.00 18,214,000.00 12,111,000.00 6,017,000.00
Gross Profit 6,565,000.00 4,436,000.00 2,155,000.00 -2,481,000.00 6,405,000.00 4,234,000.00 2,041,000.00 -2,608,000.00 6,248,000.00 4,177,000.00 2,029,000.00 -1,760,000.00 4,900,000.00 3,258,000.00 1,532,000.00 -1,559,000.00 4,378,000.00 2,964,000.00 1,486,000.00
Operating Expenses 3,353,000.00 2,076,000.00 1,021,000.00 -322,000.00 3,387,000.00 2,266,000.00 1,118,000.00 1,653,000.00 3,275,000.00 2,154,000.00 1,003,000.00 -457,000.00 2,773,000.00 1,757,000.00 928,000.00 301,000.00 2,167,000.00 1,419,000.00 676,000.00
   Selling, General and Administrative Expenses 2,339,000.00 1,550,000.00 771,000.00 -1,705,000.00 2,474,000.00 1,667,000.00 839,000.00 -1,503,000.00 2,457,000.00 1,626,000.00 753,000.00 -1,110,000.00 1,945,000.00 1,237,000.00 615,000.00 -1,119,000.00 1,745,000.00 1,174,000.00 574,000.00
   Research and Development Expenses 3,138,000.00 2,103,000.00 1,032,000.00 -2,275,000.00 3,317,000.00 2,240,000.00 1,103,000.00 -2,086,000.00 3,330,000.00 2,202,000.00 1,050,000.00 -1,686,000.00 2,835,000.00 1,791,000.00 894,000.00 -1,524,000.00 2,406,000.00 1,608,000.00 780,000.00
   Other Operating Expenses -2,124,000.00 -1,577,000.00 -782,000.00 3,658,000.00 -2,404,000.00 -1,641,000.00 -824,000.00 5,242,000.00 -2,512,000.00 -1,674,000.00 -800,000.00 2,339,000.00 -2,007,000.00 -1,271,000.00 -581,000.00 2,944,000.00 -1,984,000.00 -1,363,000.00 -678,000.00
Operating Income 3,212,000.00 2,360,000.00 1,134,000.00 -2,159,000.00 3,018,000.00 1,968,000.00 923,000.00 -4,261,000.00 2,973,000.00 2,023,000.00 1,026,000.00 -1,303,000.00 2,127,000.00 1,501,000.00 604,000.00 -1,860,000.00 2,211,000.00 1,545,000.00 810,000.00
Net Non-Operating Income -40,000.00 -18,000.00 -17,000.00 -2,598,000.00 1,223,000.00 1,230,000.00 1,298,000.00 24,000.00 -117,000.00 -45,000.00 3,000.00 70,000.00 -86,000.00 -68,000.00 -26,000.00 29,000.00 26,000.00 17,000.00 -27,000.00
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62,000.00 34,000.00
Interest Expense 247,000.00 164,000.00 77,000.00 -198,000.00 281,000.00 198,000.00 89,000.00 -181,000.00 283,000.00 186,000.00 87,000.00 19,000.00 112,000.00 51,000.00 17,000.00 -59,000.00 85,000.00 57,000.00 28,000.00
Net Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,000.00 6,000.00
EBT 3,172,000.00 2,342,000.00 1,117,000.00 -4,757,000.00 4,241,000.00 3,198,000.00 2,221,000.00 -4,237,000.00 2,856,000.00 1,978,000.00 1,029,000.00 -1,233,000.00 2,041,000.00 1,433,000.00 578,000.00 -1,831,000.00 2,237,000.00 1,562,000.00 783,000.00
Income Tax 835,000.00 564,000.00 267,000.00 -394,000.00 618,000.00 418,000.00 193,000.00 -495,000.00 623,000.00 435,000.00 223,000.00 -324,000.00 502,000.00 303,000.00 155,000.00 -397,000.00 473,000.00 339,000.00 172,000.00
Equity Method Investments Income 1,687,000.00 1,189,000.00 621,000.00 -1,346,000.00 1,546,000.00 1,084,000.00 592,000.00 -1,219,000.00 1,734,000.00 1,192,000.00 564,000.00 -896,000.00 1,209,000.00 876,000.00 431,000.00 -1,777,000.00 1,933,000.00 1,478,000.00 814,000.00
Net Income Including Non-Controlling Interests 2,163,000.00 1,650,000.00 798,000.00 -4,225,000.00 3,433,000.00 2,658,000.00 1,958,000.00 -3,727,000.00 2,089,000.00 1,477,000.00 774,000.00 -905,000.00 1,501,000.00 1,110,000.00 413,000.00 -1,390,000.00 1,710,000.00 1,183,000.00 595,000.00
Net Income Non-Controlling Interests 87,000.00 64,000.00 26,000.00 -69,000.00 95,000.00 61,000.00 35,000.00 -4,000.00 77,000.00 33,000.00 16,000.00 -2,000.00 19,000.00 10,000.00 5,000.00 -22,000.00 27,000.00 20,000.00 8,000.00
Net Income 2,250,000.00 1,714,000.00 824,000.00 -4,294,000.00 3,528,000.00 2,719,000.00 1,993,000.00 -3,731,000.00 2,166,000.00 1,510,000.00 790,000.00 -907,000.00 1,520,000.00 1,120,000.00 418,000.00 -1,412,000.00 1,737,000.00 1,203,000.00 603,000.00
EBIT 3,419,000.00 2,506,000.00 1,194,000.00 -4,955,000.00 4,522,000.00 3,396,000.00 2,310,000.00 -4,418,000.00 3,139,000.00 2,164,000.00 1,116,000.00 -1,214,000.00 2,153,000.00 1,484,000.00 595,000.00 -1,890,000.00 2,322,000.00 1,619,000.00 811,000.00
Deprecation and Amortization 825,000.00 548,000.00 269,000.00 -522,000.00 794,000.00 528,000.00 265,000.00 -485,000.00 760,000.00 503,000.00 246,000.00 -249,000.00 544,000.00 328,000.00 161,000.00 -342,000.00 497,000.00 337,000.00 170,000.00
EBITDA 4,244,000.00 3,054,000.00 1,463,000.00 -5,477,000.00 5,316,000.00 3,924,000.00 2,575,000.00 -4,903,000.00 3,899,000.00 2,667,000.00 1,362,000.00 -1,463,000.00 2,697,000.00 1,812,000.00 756,000.00 -2,232,000.00 2,819,000.00 1,956,000.00 981,000.00
EPS 0.02 0.01 0.01 -0.00 0.03 0.02 0.01 -0.00 0.02 0.01 0.01 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00
Diluted EPS 0.02 0.01 0.01 0.00 0.03 0.02 0.01 0.00 0.02 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00
Average Shares Outstanding Basic 137,800.00 137,700.00 137,600.00 133,800.00 138,500.00 139,200.00 141,300.00 142,000.00 141,700.00 141,600.00 141,500.00 140,600.00 141,500.00 141,700.00 142,200.00 140,200.00 145,200.00 146,000.00 147,000.00
Average Shares Outstanding Diluted 138,600.00 138,400.00 138,300.00 134,900.00 139,400.00 140,000.00 142,100.00 143,300.00 142,600.00 142,500.00 142,400.00 141,300.00 142,300.00 142,500.00 143,100.00 141,400.00 146,500.00 147,400.00 148,300.00
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 2021-10-03 2021-07-04 2021-04-04
Operating Cash Flow 2,087,000.00 782,000.00 -3,000.00 1,721,000.00 65,000.00 -575,000.00 276,000.00 -14,000.00 2,507,000.00 978,000.00 495,000.00 -110,000.00 1,145,000.00 763,000.00 164,000.00 -562,000.00 1,524,000.00 955,000.00 339,000.00
   Operating Net Income 6,924,000.00 7,048,000.00 3,374,000.00 -16,523,000.00 14,397,000.00 11,059,000.00 8,077,000.00 -14,336,000.00 8,905,000.00 6,179,000.00 3,224,000.00 -1,594,000.00 6,173,000.00 3,380,000.00 1,264,000.00 -3,478,000.00 5,265,000.00 3,649,000.00 1,825,000.00
   Deprecation and Amortization 825,000.00 548,000.00 269,000.00 -522,000.00 794,000.00 528,000.00 265,000.00 -485,000.00 760,000.00 503,000.00 246,000.00 -249,000.00 544,000.00 328,000.00 161,000.00 -342,000.00 497,000.00 337,000.00 170,000.00
   Deferred Income Tax 68,000.00 -138,000.00 -25,000.00 34,000.00 -106,000.00 -99,000.00 -38,000.00 -49,000.00 -238,000.00 -132,000.00 -38,000.00 98,000.00 -194,000.00 -112,000.00 -66,000.00 -62,000.00 44,000.00 17,000.00 8,000.00
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 24,000.00 14,000.00 5,000.00 -14,000.00 25,000.00 18,000.00 8,000.00
   Change in Working Capital 244,000.00 512,000.00 210,000.00 415,000.00 -877,000.00 -1,050,000.00 463,000.00 229,000.00 1,095,000.00 791,000.00 873,000.00 -1,068,000.00 885,000.00 719,000.00 509,000.00 -2,194,000.00 1,874,000.00 1,226,000.00 801,000.00
   Other Operating Activities -5,974,000.00 -7,188,000.00 -3,831,000.00 18,317,000.00 -14,143,000.00 -11,013,000.00 -8,491,000.00 14,627,000.00 -8,015,000.00 -6,363,000.00 -3,810,000.00 2,746,000.00 -6,287,000.00 -3,566,000.00 -1,709,000.00 5,528,000.00 -6,181,000.00 -4,292,000.00 -2,473,000.00
Investing Cash Flow -846,000.00 -615,000.00 -246,000.00 499,000.00 -1,069,000.00 -806,000.00 -406,000.00 51,000.00 -860,000.00 -606,000.00 -228,000.00 -90,000.00 -3,496,000.00 -576,000.00 -10,000.00 -424,000.00 -278,000.00 -146,000.00 -25,000.00
   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 691,000.00 393,000.00 162,000.00 -38,000.00 668,000.00 409,000.00 169,000.00 2,338,000.00 694,000.00 414,000.00 193,000.00 1,861,000.00 497,000.00 275,000.00 115,000.00 1,504,000.00 418,000.00 254,000.00 98,000.00
   Net Purchase/Sale of Investments Net 2,342,000.00 1,428,000.00 876,000.00 -1,748,000.00 2,395,000.00 1,535,000.00 866,000.00 -1,260,000.00 2,043,000.00 1,298,000.00 725,000.00 -528,000.00 1,550,000.00 893,000.00 452,000.00 -719,000.00 1,126,000.00 716,000.00 331,000.00
   Net Purchase/Sale of Business 12,000.00 12,000.00 12,000.00 -465,000.00 232,000.00 232,000.00 233,000.00 31,000.00 127,000.00 134,000.00 0 21,000.00 3,008,000.00 245,000.00 -83,000.00 0 0 0 24,000.00
   Other Investing Activities -3,891,000.00 -2,448,000.00 -1,296,000.00 2,750,000.00 -4,364,000.00 -2,982,000.00 -1,674,000.00 -1,058,000.00 -3,724,000.00 -2,452,000.00 -1,146,000.00 -1,444,000.00 -8,551,000.00 -1,989,000.00 -494,000.00 -1,185,000.00 -1,822,000.00 -1,116,000.00 -478,000.00
Financing Cash Flow -403,000.00 424,000.00 92,000.00 -2,043,000.00 564,000.00 807,000.00 499,000.00 -142,000.00 -1,069,000.00 -603,000.00 -363,000.00 446,000.00 2,111,000.00 -391,000.00 -497,000.00 2,319,000.00 -2,079,000.00 -1,722,000.00 -745,000.00
   Net Issuance/Repayment of Debt 2,153,000.00 1,450,000.00 677,000.00 -7,897,000.00 4,149,000.00 4,890,000.00 2,909,000.00 101,000.00 804,000.00 457,000.00 256,000.00 121,000.00 5,247,000.00 495,000.00 51,000.00 522,000.00 -124,000.00 -192,000.00 -92,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 -718,000.00 406,000.00 366,000.00 320,000.00 -1,349,000.00 1,255,000.00 1,116,000.00 436,000.00
   Dividends Paid 778,000.00 502,000.00 251,000.00 -458,000.00 719,000.00 469,000.00 239,000.00 -429,000.00 683,000.00 445,000.00 222,000.00 -396,000.00 633,000.00 411,000.00 207,000.00 -383,000.00 601,000.00 394,000.00 197,000.00
   Other Financing Activities -3,334,000.00 -1,528,000.00 -836,000.00 6,312,000.00 -4,304,000.00 -4,552,000.00 -2,649,000.00 186,000.00 -2,556,000.00 -1,505,000.00 -841,000.00 1,439,000.00 -4,175,000.00 -1,663,000.00 -1,075,000.00 3,529,000.00 -3,811,000.00 -3,040,000.00 -1,286,000.00
Net Change in Cash 895,000.00 648,000.00 -139,000.00 165,000.00 -446,000.00 -589,000.00 362,000.00 -13,000.00 511,000.00 -299,000.00 -121,000.00 48,000.00 -93,000.00 -130,000.00 -316,000.00 1,367,000.00 -813,000.00 -920,000.00 -443,000.00
   Cash at Beginning of Period 1,671,000.00 1,671,000.00 1,671,000.00 1,506,000.00 2,179,000.00 2,179,000.00 2,179,000.00 2,192,000.00 2,101,000.00 2,101,000.00 2,101,000.00 0.00 2,592,000.00 2,592,000.00 2,592,000.00 0.00 0 0 0
   Cash at End of Period 2,566,000.00 2,319,000.00 1,532,000.00 1,671,000.00 1,733,000.00 1,590,000.00 2,541,000.00 2,179,000.00 2,612,000.00 1,802,000.00 1,980,000.00 0 2,499,000.00 2,462,000.00 2,276,000.00 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