Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 0.42 0.33 0.62
Price to Book
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30
Price to Earnings -35.64
Price to Sales 1.58
Book Value Per Common Share 0.54 0.49 0.48 0.42 0.37 0.34 0.35 0.33 0.26 0.36 0.46 0.88 1.16 1.51 2.25 2.97
Price to Book 9.31
Price to Operating Cash Flow 16.27
Price to Free Cash Flow
Enterprise Value to EBITDA 476209.24

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 7.61 10.86 26.94
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 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30
Earning YoY
Revenue YoY 51.58 102.50 51.61 101.83 53.02 105.14 53.92 103.26 61.97 105.04
EBITDA YoY 60.99 -25.65 -52.25
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 6.36 8.89 4.16
Quick Ratio 6.15 9.98 4.53
Current Ratio 2.85 4.83 4.75
Debt to Equity 9.20 16.39 9.38
Long-Term Debt to Equity 6.56 13.62 7.65
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 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30
Cash Per Common Share 5.32 5.14 4.24 6.28 5.64 7.30 8.81 8.74 11.41 4.01 3.82 4.22 4.95 5.19 5.72 2.87
Quick Ratio 4.68 4.68 4.60 6.15 5.53 7.71 10.51 9.98 13.50 3.83 4.43 5.37 5.16 6.45 9.09 5.47
Current Ratio 2.14 2.13 2.34 2.85 2.81 4.51 5.06 4.83 5.09 4.06 4.69 5.66 5.34 6.69 9.44 5.69
Debt to Equity 6.22 6.80 6.52 9.20 10.56 16.33 15.44 16.39 20.94 16.37 12.40 6.40 5.22 3.87 2.48 0.26
Long-Term Debt to Equity 3.87 4.27 4.36 6.56 7.58 13.31 12.91 13.62 17.56 12.97 10.15 5.38 4.30 3.28 2.17 0.06

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -29.52
ROE -306.36
Gross Margin 76.69 76.02 74.92
Operating Margin -6.00 -19.97 -48.95
EBITDA Margin -1.85 -15.94 -44.85
Net Profit Margin -50.14
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 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30
ROA -3.55 -2.89 -7.35 -3.90 -14.11 -8.81 -4.79 -22.22 -14.50 -6.92 -7.57 -7.79
ROE -25.63 -22.53 -85.01 -67.58 -309.41 -152.99 -64.23 -164.28 -90.19 -33.71 -26.33 -9.84
Gross Margin 78.91 79.18 79.38 76.37 76.42 77.05 75.47 75.41 75.69 75.08 74.70 74.11 79.45 79.69
Operating Margin -0.98 -1.75 3.29 -8.38 -9.73 -6.70 -26.10 -26.72 -29.55 -50.61 -55.92 -54.83 -27.13 -21.70
EBITDA Margin 3.31 3.12 8.49 -4.12 -5.42 -2.36 -22.11 -22.75 -25.50 -46.43 -51.71 -50.55 -24.86 -20.20
Net Profit Margin -4.34 -5.24 -10.02 -10.88 -27.30 -27.98 -30.83 -51.75 -57.09 -56.07 -27.38 -21.70

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 340,289.00 444,058.00 474,056.00 555,460.00 276,626.00
   Current Assets 251,219.00 341,986.00 374,247.00 454,548.00 254,072.00
      Cash and Short-Term Investments 493,521.00 668,090.00 304,971.00 401,019.00 220,607.00
            Cash and Cash Equivalents 136,389.00 72,845.00 93,030.00 298,704.00 220,607.00
            Short-Term Investments 357,132.00 595,245.00 211,941.00 102,315.00 0
      Net Receivables 48,117.00 37,713.00 51,899.00 39,806.00 22,894.00
      Inventory 0 0 0 0 0
      Other Current Assets -290,419.00 -363,817.00 17,377.00 13,723.00 10,571.00
   Non-Current Assets 89,070.00 102,072.00 99,809.00 100,912.00 22,554.00
      Property, Plant, Equipment Net 11,121.00 14,638.00 14,970.00 16,944.00 18,964.00
      Goodwill 51,927.00 52,086.00 49,749.00 42,432.00 0
      Intangible Assets 17,317.00 27,052.00 27,583.00 35,032.00 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 106.00 461.00 272.00 358.00 426.00
      Other Non-Current Assets 8,599.00 7,835.00 7,235.00 6,146.00 3,164.00
Liabilities 306,920.00 418,525.00 428,384.00 417,172.00 59,867.00
   Current Liabilities 88,006.00 70,750.00 78,786.00 62,811.00 45,887.00
      Payables and Expenses 10,212.00 10,634.00 9,950.00 11,152.00 9,132.00
            Account Payables 7,018.00 7,982.00 7,013.00 8,211.00 5,788.00
            Current Accrued Liabilities 3,194.00 2,652.00 2,937.00 2,941.00 3,344.00
      Short-Term Debt 2,438.00 3,089.00 2,609.00 2,653.00 3,173.00
      Other Current Liabilities 75,356.00 57,027.00 66,227.00 49,006.00 33,582.00
   Non-Current Liabilities 218,914.00 347,775.00 349,598.00 354,361.00 13,980.00
      Long-Term Debt 218,146.00 347,224.00 347,505.00 345,754.00 12,672.00
      Other Non-Current Liabilities 768.00 551.00 2,093.00 8,607.00 1,308.00
Equity 33,369.00 25,533.00 45,672.00 138,288.00 216,759.00
   Shareholders Equity 33,369.00 25,533.00 45,672.00 138,288.00 216,759.00
      Capital Stock 7.00 7.00 7.00 7.00 7.00
      Share Premium 654,905.00 620,021.00 576,851.00 528,540.00 530,143.00
      Retained Earnings -621,688.00 -594,658.00 -529,987.00 -390,068.00 -313,391.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 145.00 163.00 -1,199.00 -191.00 0
   Minority Interest 0 0 0 0 0
Investments 357,132.00 595,245.00 211,941.00 102,315.00 1,992.00
Debt 220,584.00 350,313.00 350,114.00 348,407.00 15,845.00
Net Debt 0 0 45,143.00 0 0
Common Shares Outstanding 78,573.00 76,410.00 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 332,927.00 309,394.00 279,075.00 219,855.00 152,368.00
Cost Of Revenue 77,589.00 74,202.00 69,980.00 48,479.00 34,126.00
Gross Profit 255,338.00 235,192.00 209,095.00 171,376.00 118,242.00
Operating Expenses 297,022.00 307,636.00 349,662.00 247,319.00 156,939.00
   Selling, General and Administrative Expenses 191,396.00 199,068.00 210,783.00 156,189.00 108,607.00
   Research and Development Expenses 80,879.00 83,460.00 88,253.00 64,547.00 48,332.00
   Other Operating Expenses 24,747.00 25,108.00 50,626.00 26,583.00 0.00
Operating Income -41,684.00 -72,444.00 -140,567.00 -75,943.00 -38,697.00
Net Non-Operating Income 15,669.00 7,773.00 1,143.00 -768.00 1,162.00
Interest Income 16,619.00 14,377.00 7,026.00 958.00 3,134.00
Interest Expense 6,051.00 2,884.00 2,828.00 828.00 3,103.00
Net Interest 10,568.00 11,493.00 4,198.00 130.00 31.00
EBT -26,015.00 -64,671.00 -139,424.00 -76,711.00 -37,535.00
Income Tax 1,015.00 0.00 495.00 34.00 25.00
Net Income 0 0 -139,919.00 -76,677.00 -37,560.00
EBIT -19,964.00 -61,787.00 -136,596.00 -75,883.00 -34,432.00
Deprecation and Amortization 13,811.00 12,480.00 11,421.00 6,151.00 3,084.00
EBITDA -6,153.00 -49,307.00 -125,175.00 -69,732.00 -31,348.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 77,600.00 75,143.00 73,226.00 0 0
Average Shares Outstanding Diluted 77,600.00 75,143.00 73,226.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 26,254.00 -24,243.00 -89,357.00 -40,300.00 -26,529.00
   Operating Net Income -27,030.00 -64,671.00 -139,919.00 -76,677.00 -37,560.00
   Deprecation and Amortization 13,811.00 12,480.00 11,421.00 6,151.00 3,084.00
   Deferred Income Tax -247.00 -495.00 207.00 -179.00 0
   Share Based Compensation 71,776.00 82,871.00 42,332.00 25,424.00 11,058.00
   Change in Working Capital 21,166.00 15,337.00 25,578.00 23,226.00 20,151.00
   Other Operating Activities -53,222.00 -69,765.00 -28,976.00 -18,245.00 -23,262.00
Investing Cash Flow 105,293.00 2,816.00 -116,526.00 -186,877.00 -1,964.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,721.00 4,179.00 5,196.00 3,304.00 1,964.00
   Net Purchase/Sale of Investments Net 269,506.00 471,448.00 317,734.00 111,506.00 0
   Net Purchase/Sale of Business 1,200.00 7,891.00 34,496.00 81,067.00 0
   Other Investing Activities -169,134.00 -480,702.00 -473,952.00 -382,754.00 -3,928.00
Financing Cash Flow -114,036.00 1,242.00 209.00 305,274.00 239,950.00
   Net Issuance/Repayment of Debt 109,119.00 1,475.00 0 345,000.00 70,478.00
   Net Issuance/Repurchase of Equity 1,708.00 0 0 0 171,129.00
   Dividends Paid 0 0 0 0 12,814.00
   Other Financing Activities -224,863.00 -233.00 209.00 -39,726.00 -14,471.00
Net Change in Cash 17,511.00 -20,185.00 -205,674.00 78,097.00 211,457.00
   Cash at Beginning of Period 72,845.00 93,030.00 298,704.00 220,607.00 9,150.00
   Cash at End of Period 90,356.00 72,845.00 93,030.00 298,704.00 220,607.00
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 309,465.00 302,534.00 286,288.00 340,289.00 335,148.00 452,504.00 442,473.00 444,058.00 435,976.00 467,505.00 461,506.00 474,056.00 481,370.00 528,591.00 535,011.00 555,460.00 560,493.00 266,512.00 268,829.00 276,626.00
   Current Assets 215,952.00 209,664.00 192,680.00 251,219.00 243,460.00 355,781.00 343,541.00 341,986.00 341,531.00 371,122.00 362,947.00 374,247.00 375,514.00 419,980.00 433,242.00 454,548.00 460,459.00 243,056.00 245,364.00 254,072.00
      Cash and Short-Term Investments 424,811.00 408,299.00 334,542.00 493,521.00 435,820.00 562,344.00 674,855.00 668,090.00 853,246.00 298,521.00 283,459.00 304,971.00 308,099.00 359,990.00 377,265.00 401,019.00 409,517.00 204,425.00 209,110.00 220,607.00
            Cash and Cash Equivalents 56,355.00 55,539.00 60,030.00 136,389.00 36,955.00 134,208.00 62,012.00 72,845.00 70,886.00 75,631.00 62,187.00 93,030.00 101,965.00 221,881.00 252,090.00 298,704.00 366,050.00 174,028.00 190,736.00 220,607.00
            Short-Term Investments 368,456.00 352,760.00 274,512.00 357,132.00 398,865.00 428,136.00 612,843.00 595,245.00 782,360.00 222,890.00 221,272.00 211,941.00 206,134.00 138,109.00 125,175.00 102,315.00 43,467.00 30,397.00 18,374.00 0
      Net Receivables 48,234.00 51,767.00 44,164.00 48,117.00 43,378.00 45,054.00 39,302.00 37,713.00 51,797.00 52,151.00 59,009.00 51,899.00 48,064.00 45,908.00 40,995.00 39,806.00 33,775.00 28,977.00 26,067.00 22,894.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -257,093.00 -250,402.00 -186,026.00 -290,419.00 -235,738.00 -251,617.00 -370,616.00 -363,817.00 -563,512.00 20,450.00 20,479.00 17,377.00 19,351.00 14,082.00 14,982.00 13,723.00 17,167.00 9,654.00 10,187.00 10,571.00
   Non-Current Assets 93,513.00 92,870.00 93,608.00 89,070.00 91,688.00 96,723.00 98,932.00 102,072.00 94,445.00 96,383.00 98,559.00 99,809.00 105,856.00 108,611.00 101,769.00 100,912.00 100,034.00 23,456.00 23,465.00 22,554.00
      Property, Plant, Equipment Net 18,666.00 16,097.00 15,575.00 11,121.00 13,552.00 13,622.00 14,015.00 14,638.00 15,219.00 15,404.00 15,646.00 14,970.00 19,306.00 20,203.00 19,632.00 16,944.00 17,587.00 17,904.00 18,113.00 18,964.00
      Goodwill 51,927.00 51,927.00 51,927.00 51,927.00 51,927.00 51,927.00 52,086.00 52,086.00 49,749.00 49,749.00 49,749.00 49,749.00 49,749.00 49,742.00 42,432.00 42,432.00 41,374.00 0 0 0
      Intangible Assets 13,006.00 14,906.00 17,426.00 17,317.00 19,699.00 22,133.00 24,584.00 27,052.00 21,484.00 23,517.00 25,550.00 27,583.00 29,400.00 31,416.00 32,995.00 35,032.00 35,360.00 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 106.00 0 0 0 461.00 0 0 0 272.00 0 0 0 358.00 0 0 0 426.00
      Other Non-Current Assets 9,914.00 9,940.00 8,680.00 8,599.00 6,510.00 9,041.00 8,247.00 7,835.00 7,993.00 7,713.00 7,614.00 7,235.00 7,401.00 7,250.00 6,710.00 6,146.00 5,713.00 5,552.00 5,352.00 3,164.00
Liabilities 266,630.00 263,768.00 248,213.00 306,920.00 306,162.00 426,393.00 415,554.00 418,525.00 416,101.00 440,585.00 427,066.00 428,384.00 416,276.00 443,612.00 425,134.00 417,172.00 399,304.00 55,445.00 53,491.00 59,867.00
   Current Liabilities 100,992.00 98,281.00 82,252.00 88,006.00 86,587.00 78,829.00 67,945.00 70,750.00 67,054.00 91,503.00 77,358.00 78,786.00 66,320.00 78,629.00 64,806.00 62,811.00 48,758.00 42,692.00 40,101.00 45,887.00
      Payables and Expenses 14,015.00 12,239.00 10,582.00 10,212.00 10,920.00 10,282.00 10,275.00 10,634.00 9,356.00 10,158.00 11,747.00 9,950.00 10,014.00 8,420.00 11,419.00 11,152.00 8,775.00 9,402.00 7,230.00 9,132.00
            Account Payables 9,530.00 8,775.00 7,822.00 7,018.00 8,149.00 6,686.00 7,063.00 7,982.00 6,265.00 6,485.00 7,508.00 7,013.00 7,217.00 6,283.00 7,924.00 8,211.00 5,885.00 5,412.00 4,658.00 5,788.00
            Current Accrued Liabilities 4,485.00 3,464.00 2,760.00 3,194.00 2,771.00 3,596.00 3,212.00 2,652.00 3,091.00 3,673.00 4,239.00 2,937.00 2,797.00 2,137.00 3,495.00 2,941.00 2,890.00 3,990.00 2,572.00 3,344.00
      Short-Term Debt 1,540.00 1,766.00 2,006.00 2,438.00 2,883.00 2,841.00 3,030.00 3,089.00 2,938.00 2,962.00 2,509.00 2,609.00 2,683.00 2,799.00 2,957.00 2,653.00 2,925.00 3,005.00 3,243.00 3,173.00
      Other Current Liabilities 85,437.00 84,276.00 69,664.00 75,356.00 72,784.00 65,706.00 54,640.00 57,027.00 54,760.00 78,383.00 63,102.00 66,227.00 53,623.00 67,410.00 50,430.00 49,006.00 37,058.00 30,285.00 29,628.00 33,582.00
   Non-Current Liabilities 165,638.00 165,487.00 165,961.00 218,914.00 219,575.00 347,564.00 347,609.00 347,775.00 349,047.00 349,082.00 349,708.00 349,598.00 349,956.00 364,983.00 360,328.00 354,361.00 350,546.00 12,753.00 13,390.00 13,980.00
      Long-Term Debt 164,345.00 164,254.00 164,782.00 218,146.00 218,824.00 346,861.00 346,984.00 347,224.00 347,484.00 347,731.00 347,351.00 347,505.00 347,632.00 347,791.00 347,966.00 345,754.00 345,855.00 11,268.00 11,831.00 12,672.00
      Other Non-Current Liabilities 1,293.00 1,233.00 1,179.00 768.00 751.00 703.00 625.00 551.00 1,563.00 1,351.00 2,357.00 2,093.00 2,324.00 17,192.00 12,362.00 8,607.00 4,691.00 1,485.00 1,559.00 1,308.00
Equity 42,835.00 38,766.00 38,075.00 33,369.00 28,986.00 26,111.00 26,919.00 25,533.00 19,875.00 26,920.00 34,440.00 45,672.00 65,094.00 84,979.00 109,877.00 138,288.00 161,189.00 211,067.00 215,338.00 216,759.00
   Shareholders Equity 42,835.00 38,766.00 38,075.00 33,369.00 28,986.00 26,111.00 26,919.00 25,533.00 19,875.00 26,920.00 34,440.00 45,672.00 65,094.00 84,979.00 109,877.00 138,288.00 161,189.00 211,067.00 215,338.00 216,759.00
      Capital Stock 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00
      Share Premium 675,285.00 669,068.00 659,985.00 654,905.00 647,897.00 638,586.00 628,058.00 620,021.00 611,767.00 598,657.00 587,022.00 576,851.00 563,703.00 552,752.00 537,779.00 528,540.00 517,006.00 545,216.00 537,266.00 530,143.00
      Retained Earnings -632,666.00 -630,423.00 -622,041.00 -621,688.00 -619,298.00 -612,305.00 -601,050.00 -594,658.00 -591,482.00 -571,172.00 -552,107.00 -529,987.00 -497,007.00 -466,710.00 -427,105.00 -390,068.00 -355,824.00 -334,156.00 -321,935.00 -313,391.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 209.00 114.00 124.00 145.00 380.00 -177.00 -96.00 163.00 -417.00 -572.00 -482.00 -1,199.00 -1,609.00 -1,070.00 -804.00 -191.00 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 368,456.00 352,760.00 274,512.00 357,132.00 398,865.00 428,136.00 612,843.00 595,245.00 782,360.00 222,890.00 221,272.00 211,941.00 206,134.00 138,109.00 125,175.00 102,315.00 43,467.00 30,397.00 18,374.00 1,992.00
Debt 165,885.00 166,020.00 166,788.00 220,584.00 221,707.00 349,702.00 350,014.00 350,313.00 350,422.00 350,693.00 349,860.00 350,114.00 350,315.00 350,590.00 350,923.00 348,407.00 348,780.00 14,273.00 15,074.00 15,845.00
Net Debt 0 0 0 0 0 0 0 0 0 52,172.00 66,401.00 45,143.00 42,216.00 0 0 0 0 0 0 0
Common Shares Outstanding 0 0 0 78,573.00 0 0 0 76,410.00 76,082.00 75,064.26 74,549.85 0 73,680.94 73,376.10 72,673.27 0 71,618.74 71,110.07 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 252,832.00 166,803.00 82,370.00 -155,521.00 245,899.00 162,189.00 80,360.00 -134,808.00 225,245.00 147,200.00 71,757.00 -127,872.00 206,644.00 134,253.00 66,050.00 -77,436.00 154,958.00 95,673.00 46,660.00
Cost Of Revenue 53,318.00 34,723.00 16,984.00 -37,213.00 58,113.00 38,250.00 18,439.00 -34,702.00 55,256.00 36,202.00 17,446.00 -32,574.00 51,488.00 33,963.00 17,103.00 -12,044.00 31,838.00 19,435.00 9,250.00
Gross Profit 199,514.00 132,080.00 65,386.00 -118,308.00 187,786.00 123,939.00 61,921.00 -100,106.00 169,989.00 110,998.00 54,311.00 -95,298.00 155,156.00 100,290.00 48,947.00 -65,392.00 123,120.00 76,238.00 37,410.00
Operating Expenses 209,146.00 141,277.00 67,796.00 -147,501.00 228,719.00 145,655.00 70,149.00 -162,628.00 236,744.00 155,551.00 77,969.00 -172,110.00 261,036.00 175,610.00 85,126.00 -60,932.00 165,248.00 97,051.00 45,952.00
   Selling, General and Administrative Expenses 143,358.00 94,936.00 44,010.00 -99,984.00 146,797.00 97,222.00 47,361.00 -103,207.00 151,162.00 100,567.00 50,546.00 -99,695.00 157,949.00 103,044.00 49,485.00 -52,067.00 108,155.00 67,684.00 32,417.00
   Research and Development Expenses 54,980.00 37,516.00 19,206.00 -40,500.00 61,116.00 40,275.00 19,988.00 -43,584.00 63,951.00 42,248.00 20,845.00 -41,614.00 65,584.00 43,339.00 20,944.00 -22,040.00 44,792.00 28,260.00 13,535.00
   Other Operating Expenses 10,808.00 8,825.00 4,580.00 -7,017.00 20,806.00 8,158.00 2,800.00 -15,837.00 21,631.00 12,736.00 6,578.00 -30,801.00 37,503.00 29,227.00 14,697.00 13,175.00 12,301.00 1,107.00 0.00
Operating Income -9,632.00 -9,197.00 -2,410.00 29,193.00 -40,933.00 -21,716.00 -8,228.00 62,522.00 -66,755.00 -44,553.00 -23,658.00 76,812.00 -105,880.00 -75,320.00 -36,179.00 -4,460.00 -42,128.00 -20,813.00 -8,542.00
Net Non-Operating Income -389.00 1,207.00 2,581.00 -7,932.00 16,984.00 4,491.00 2,126.00 -3,549.00 5,812.00 3,775.00 1,735.00 3,871.00 -818.00 -1,167.00 -743.00 -778.00 -42.00 54.00 -2.00
Interest Income 11,198.00 7,536.00 3,843.00 -7,248.00 12,155.00 7,814.00 3,898.00 -5,941.00 10,475.00 6,695.00 3,148.00 -168.00 4,250.00 2,113.00 831.00 768.00 190.00 0 0
Interest Expense 7,543.00 5,065.00 2,543.00 543.00 3,348.00 1,440.00 720.00 -1,447.00 2,165.00 1,444.00 722.00 -1,415.00 2,120.00 1,414.00 709.00 703.00 125.00 0.00 0.00
Net Interest 3,655.00 2,471.00 1,300.00 -7,791.00 8,807.00 6,374.00 3,178.00 -4,494.00 8,310.00 5,251.00 2,426.00 1,247.00 2,130.00 699.00 122.00 12.00 65.00 41.00 12.00
EBT -10,021.00 -7,990.00 171.00 21,261.00 -23,949.00 -17,225.00 -6,102.00 58,973.00 -60,943.00 -40,778.00 -21,923.00 80,683.00 -106,698.00 -76,487.00 -36,922.00 -5,238.00 -42,170.00 -20,759.00 -8,544.00
Income Tax 957.00 745.00 524.00 -388.00 691.00 422.00 290.00 -1,156.00 552.00 407.00 197.00 -16.00 241.00 155.00 115.00 -235.00 263.00 6.00 0.00
Net Income -10,978.00 -8,735.00 0 0 -24,640.00 -17,647.00 0 0 -61,495.00 -41,185.00 -22,120.00 80,699.00 -106,939.00 -76,642.00 -37,037.00 -4,935.00 -42,433.00 -20,765.00 -8,544.00
EBIT -2,478.00 -2,925.00 2,714.00 21,804.00 -20,601.00 -15,785.00 -5,382.00 57,526.00 -58,778.00 -39,334.00 -21,201.00 79,268.00 -104,578.00 -75,073.00 -36,213.00 -4,535.00 -42,045.00 -20,759.00 -8,544.00
Deprecation and Amortization 10,851.00 8,126.00 4,281.00 -7,155.00 10,482.00 6,998.00 3,486.00 -5,249.00 8,981.00 5,844.00 2,904.00 -5,682.00 8,630.00 5,647.00 2,826.00 487.00 3,521.00 1,437.00 706.00
EBITDA 8,373.00 5,201.00 6,995.00 14,649.00 -10,119.00 -8,787.00 -1,896.00 52,277.00 -49,797.00 -33,490.00 -18,297.00 73,586.00 -95,948.00 -69,426.00 -33,387.00 -4,048.00 -38,524.00 -19,322.00 -7,838.00
EPS -0.00 -0.00 0 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 -0.00 -0.00 0 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 79,911.00 79,482.00 78,835.00 79,414.00 77,319.00 77,041.00 76,626.00 77,184.00 74,778.00 74,468.00 74,142.00 147,095.00 73,027.00 72,782.00 0 0.00 0 0 0
Average Shares Outstanding Diluted 80,756.00 80,122.00 78,835.00 78,449.00 77,869.00 77,456.00 76,626.00 76,575.00 75,387.00 74,468.00 74,142.00 147,095.00 73,027.00 72,782.00 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 24,511.00 13,958.00 401.00 7,456.00 13,894.00 8,321.00 -3,417.00 40,208.00 -37,522.00 -6,093.00 -20,836.00 55,152.00 -86,664.00 -35,860.00 -21,985.00 21,347.00 -31,483.00 -17,406.00 -12,758.00
   Operating Net Income -10,978.00 -8,735.00 -353.00 21,649.00 -24,640.00 -17,647.00 -6,392.00 60,129.00 -61,495.00 -41,185.00 -22,120.00 80,699.00 -106,939.00 -76,642.00 -37,037.00 -4,935.00 -42,433.00 -20,765.00 -8,544.00
   Deprecation and Amortization 10,851.00 8,126.00 4,281.00 -7,155.00 10,482.00 6,998.00 3,486.00 -5,249.00 8,981.00 5,844.00 2,904.00 -5,682.00 8,630.00 5,647.00 2,826.00 487.00 3,521.00 1,437.00 706.00
   Deferred Income Tax 0 0 0 -247.00 0 0 0 -495.00 0 0 0 207.00 0 0 0 -179.00 0 0 0
   Share Based Compensation 37,961.00 25,189.00 10,628.00 -40,272.00 58,060.00 37,009.00 16,979.00 -17,054.00 67,661.00 21,777.00 10,487.00 -16,356.00 30,186.00 19,540.00 8,962.00 -9,122.00 17,682.00 11,693.00 5,171.00
   Change in Working Capital 23,252.00 19,180.00 4,810.00 -29,198.00 21,804.00 19,333.00 9,227.00 -33,548.00 18,716.00 14,131.00 16,038.00 -7,776.00 21,316.00 9,003.00 3,035.00 -8,565.00 17,893.00 8,558.00 5,340.00
   Other Operating Activities -36,575.00 -29,802.00 -18,965.00 62,679.00 -51,812.00 -37,372.00 -26,717.00 36,425.00 -71,385.00 -6,660.00 -28,145.00 4,060.00 -39,857.00 6,592.00 229.00 43,661.00 -28,146.00 -18,329.00 -15,431.00
Investing Cash Flow -10,654.00 -3,858.00 17,365.00 -3,813.00 62,644.00 53,393.00 -6,931.00 10,898.00 13,997.00 -12,402.00 -9,677.00 59,281.00 -110,139.00 -40,855.00 -24,813.00 -9,276.00 -126,706.00 -32,041.00 -18,854.00
   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 5,443.00 2,476.00 825.00 -1,889.00 2,934.00 1,870.00 806.00 -2,099.00 3,135.00 2,080.00 1,063.00 -3,836.00 4,206.00 3,486.00 1,340.00 -1,107.00 2,287.00 1,644.00 480.00
   Net Purchase/Sale of Investments Net 166,925.00 82,096.00 36,524.00 -161,658.00 237,592.00 128,567.00 65,005.00 -267,772.00 395,282.00 256,466.00 87,472.00 -80,149.00 234,537.00 121,873.00 41,473.00 19,268.00 43,467.00 30,397.00 18,374.00
   Net Purchase/Sale of Business 0 0 0 -1,200.00 1,200.00 1,200.00 0 7,891.00 0 0 0 -36,896.00 35,696.00 35,696.00 0 -64,885.00 145,952.00 0 0
   Other Investing Activities -183,022.00 -88,430.00 -19,984.00 160,934.00 -179,082.00 -78,244.00 -72,742.00 272,878.00 -384,420.00 -270,948.00 -98,212.00 180,162.00 -384,578.00 -201,910.00 -67,626.00 37,448.00 -318,412.00 -64,082.00 -37,708.00
Financing Cash Flow -53,137.00 -53,027.00 -54,874.00 -772.00 -112,428.00 -351.00 -485.00 -905.00 1,381.00 1,096.00 -330.00 69.00 64.00 -108.00 184.00 -2,967.00 303,632.00 2,868.00 1,741.00
   Net Issuance/Repayment of Debt 54,528.00 54,528.00 54,528.00 -266.00 108,980.00 271.00 134.00 -818.00 1,212.00 1,081.00 0 0 0 0 0 0.00 345,000.00 0 0
   Net Issuance/Repurchase of Equity 3,509.00 3,069.00 1,096.00 1,708.00 0 0 0 0 0 0 1,100.00 0 0 0 184.00 0 4,239.00 2,868.00 1,741.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -111,174.00 -110,624.00 -110,498.00 -2,214.00 -221,408.00 -622.00 -619.00 1,013.00 169.00 15.00 -1,430.00 253.00 64.00 -108.00 0.00 5,881.00 -45,607.00 0.00 0.00
Net Change in Cash -39,280.00 -42,927.00 -37,108.00 2,871.00 -35,890.00 61,363.00 -10,833.00 50,201.00 -22,144.00 -17,399.00 -30,843.00 114,502.00 -196,739.00 -76,823.00 -46,614.00 9,104.00 145,443.00 -46,579.00 -29,871.00
   Cash at Beginning of Period 90,356.00 90,356.00 90,356.00 87,485.00 72,845.00 72,845.00 72,845.00 22,644.00 93,030.00 93,030.00 93,030.00 -21,472.00 298,704.00 298,704.00 298,704.00 289,600.00 220,607.00 220,607.00 220,607.00
   Cash at End of Period 51,076.00 47,429.00 53,248.00 90,356.00 36,955.00 134,208.00 62,012.00 72,845.00 70,886.00 75,631.00 62,187.00 93,030.00 101,965.00 221,881.00 252,090.00 298,704.00 366,050.00 174,028.00 190,736.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0