Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 10.81 7.82 9.02 15.47 14.37
Price to Sales 0.48 0.44 0.29 0.22 0.50
Book Value Per Common Share 17.11 16.05 13.80 12.15 11.77
Price to Book 0.97 1.15 0.94 0.70 1.20
Price to Operating Cash Flow 4.09 4.55 5.72 5.47 3.97
Price to Free Cash Flow 6.09 6.15 45.34 70.21 4.56
Enterprise Value to EBITDA 46001.38 40430.60 38463.38 30678.67 69324.49
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Price to Earnings 93.41 35.30 60.80 47.81 44.02 26.07 23.39 28.60
Price to Sales 3.01 1.81 2.13 2.29 2.07 2.10 1.52 0.98 1.29
Book Value Per Common Share 18.15 17.92 17.41 17.11 17.09 16.42 16.05 14.58 13.80 12.62 12.15 12.22 11.77
Price to Book 1.13 0.93 0.87 0.97 1.01 1.15 1.15 1.23 0.94 0.85 0.70 0.96 1.20
Price to Operating Cash Flow 38.48 40.92 21.48 28.66 16.39 32.34 32.59 -53.69 -182.94
Price to Free Cash Flow -508.66 162.49 30.28 280.81 21.65 51.61 60.09 -21.49 -31.76
Enterprise Value to EBITDA 303176.94 169265.39 212288.51 277738.92 215916.15 201722.56 131302.64 97065.57 111051.16

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -35.44 64.58 161.82 -43.88
Revenue YoY -15.48 -5.20 22.73 38.28
EBITDA YoY -21.92 39.54 24.44 40.95
Net Profit YoY -34.57 66.55 161.25 -42.79
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Earning YoY -53.19 88.00 -16.28 -37.68 50.00 12.20
Revenue YoY -26.25 28.96 -1.68 -14.38 -6.59 -21.47 9.84 24.39
EBITDA YoY -30.84 36.15 20.14 -25.60 -15.52 -29.25 25.84 8.69
Net Profit YoY -53.68 85.62 -15.94 -35.77 51.45 11.81

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 4.81 2.82 0.50 0.76 0.52
Quick Ratio 2.12 1.43 0.95 0.80 0.88
Current Ratio 2.80 2.23 1.59 1.42 1.57
Debt to Equity 0.42 0.54 0.71 0.86 0.76
Long-Term Debt to Equity 0.17 0.20 0.27 0.33 0.38
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Cash Per Common Share 4.95 5.01 5.16 4.84 4.82 3.07 2.78 0.53 0.50 0.16 0.75 0.38 0.52
Quick Ratio 2.17 2.18 1.85 2.12 1.78 1.58 1.43 1.07 0.95 0.85 0.80 0.93 0.88
Current Ratio 2.90 2.85 2.50 2.80 2.41 2.45 2.23 1.71 1.59 1.41 1.42 1.51 1.57
Debt to Equity 0.41 0.43 0.49 0.42 0.49 0.49 0.54 0.68 0.71 0.91 0.86 0.84 0.76
Long-Term Debt to Equity 0.17 0.17 0.18 0.17 0.17 0.19 0.20 0.25 0.27 0.31 0.33 0.37 0.38

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 6.35 9.52 6.14 2.51 4.93
ROE 9.02 14.63 10.51 4.67 8.69
Gross Margin 17.61 18.04 13.89 13.45 15.50
Operating Margin 5.81 7.48 4.38 3.65 2.04
EBITDA Margin 10.24 11.09 7.53 7.43 7.29
Net Profit Margin 4.40 5.68 3.23 1.52 3.67
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
ROA 0.85 1.84 0.98 -0.02 1.43 1.77 2.83 1.93 1.92
ROE 1.21 2.64 1.46 -0.03 2.14 2.63 4.77 3.70 3.54
Gross Margin 17.36 18.06 19.18 15.82 16.91 17.03 17.83 16.01 17.46
Operating Margin 4.60 6.58 4.80 2.80 4.94 6.23 8.17 6.67 7.40
EBITDA Margin 9.93 10.59 10.03 8.21 9.45 10.44 11.59 10.12 11.58
Net Profit Margin 3.21 5.11 3.55 -0.06 4.33 4.81 5.88 4.27 4.75

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 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 209,550.00 213,377.00 198,615.00 186,120.00 165,508.00
   Current Assets 102,888.00 102,879.00 80,665.00 75,142.00 56,478.00
      Cash and Short-Term Investments 41,803.00 24,104.00 4,183.00 6,146.00 4,131.00
            Cash and Cash Equivalents 41,803.00 24,104.00 4,183.00 6,146.00 4,131.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 35,979.00 41,711.00 44,261.00 36,536.00 27,584.00
      Inventory 18,346.00 22,063.00 23,871.00 25,129.00 18,360.00
      Other Current Assets 6,760.00 15,001.00 8,350.00 7,331.00 6,403.00
   Non-Current Assets 106,662.00 110,498.00 117,950.00 110,978.00 109,030.00
      Property, Plant, Equipment Net 82,919.00 84,987.00 88,381.00 81,474.00 76,806.00
      Goodwill 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00
      Intangible Assets 4,430.00 6,017.00 7,619.00 9,567.00 11,516.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 521.00 929.00
      Other Non-Current Assets 0 2,118.00 4,574.00 2,040.00 2,403.00
Liabilities 62,189.00 74,424.00 82,490.00 86,025.00 71,576.00
   Current Liabilities 36,711.00 46,186.00 50,797.00 53,052.00 35,995.00
      Payables and Expenses 25,026.00 39,514.00 46,330.00 36,097.00 27,822.00
            Account Payables 17,115.00 23,958.00 29,586.00 22,695.00 16,994.00
            Current Accrued Liabilities 7,911.00 15,556.00 16,744.00 13,402.00 10,828.00
      Short-Term Debt 1,814.00 1,468.00 3,072.00 8,367.00 2,955.00
      Other Current Liabilities 9,871.00 5,204.00 1,395.00 8,588.00 5,218.00
   Non-Current Liabilities 25,478.00 28,238.00 31,693.00 32,973.00 35,581.00
      Long-Term Debt 19,706.00 21,519.00 22,986.00 21,251.00 1,670.00
      Other Non-Current Liabilities 5,772.00 6,719.00 8,707.00 11,722.00 33,911.00
Equity 147,361.00 138,953.00 116,125.00 100,095.00 93,932.00
   Shareholders Equity 147,361.00 138,953.00 116,125.00 100,095.00 93,932.00
      Capital Stock 86.00 86.00 84.00 82.00 80.00
      Share Premium 45,760.00 43,265.00 40,342.00 38,013.00 36,127.00
      Retained Earnings 135,368.00 122,069.00 101,745.00 89,542.00 84,871.00
      Treasury Shares 36,145.00 -31,768.00 -29,099.00 -28,617.00 -28,521.00
      Accumulated Other Comprehensive Income 2,292.00 5,301.00 3,053.00 1,075.00 1,375.00
   Minority Interest 0 0 0 0 0
Investments 0 0 0 90.00 41.00
Debt 21,520.00 22,987.00 26,058.00 29,618.00 28,153.00
Net Debt 0 0 21,875.00 23,472.00 24,022.00
Common Shares Outstanding 8,614.40 8,655.38 8,417.66 8,235.74 7,980.52
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 302,378.00 357,738.00 377,376.00 307,483.00 222,356.00
Cost Of Revenue 249,118.00 293,218.00 324,974.00 266,139.00 187,882.00
Interest Income 193.00 0 0 0 0
Interest Expense 93.00 1,011.00 1,960.00 2,311.00 0.00
Net Interest 0 0 0 0 5,923.00
Non-Interest Expense 36,565.00 0 0 0 0
Gross Profit 53,260.00 64,520.00 52,402.00 41,344.00 34,474.00
Operating Expenses 36,565.00 37,983.00 34,399.00 30,276.00 24,084.00
   Selling, General and Administrative Expenses 36,565.00 37,983.00 34,399.00 30,276.00 24,084.00
   Research and Development Expenses 0 1,700.00 1,600.00 1,300.00 1,168.00
   Other Operating Expenses 0 -1,700.00 -1,600.00 -1,300.00 -1,168.00
Operating Income 16,695.00 26,537.00 18,003.00 11,068.00 10,390.00
Net Non-Operating Income 686.00 -791.00 -3,418.00 -2,149.00 -5,843.00
EBT 17,481.00 25,746.00 14,585.00 8,919.00 4,547.00
Income Tax 4,182.00 5,422.00 2,382.00 4,248.00 3,618.00
Net Income Including Non-Controlling Interests 13,299.00 0 0 0 0
Net Income 13,299.00 20,324.00 12,203.00 4,671.00 8,165.00
EBIT 17,574.00 26,757.00 16,545.00 11,230.00 4,547.00
Deprecation and Amortization 13,399.00 12,912.00 11,884.00 11,616.00 11,662.00
EBITDA 30,973.00 39,669.00 28,429.00 22,846.00 16,209.00
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 8,693.00 8,550.00 8,356.00 8,062.00 7,936.00
Average Shares Outstanding Diluted 8,787.00 8,772.00 8,368.00 8,062.00 7,939.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 35,151.00 34,842.00 18,982.00 12,546.00 28,164.00
   Operating Net Income 13,299.00 20,324.00 12,203.00 4,671.00 8,165.00
   Deprecation and Amortization 13,399.00 12,912.00 11,884.00 11,616.00 11,662.00
   Deferred Income Tax 473.00 2,473.00 -3,469.00 -475.00 1,097.00
   Share Based Compensation 2,495.00 2,923.00 2,329.00 1,886.00 1,355.00
   Change in Working Capital 4,064.00 -7,363.00 -1,528.00 -11,376.00 2,738.00
   Other Operating Activities 1,421.00 3,573.00 -2,437.00 6,224.00 3,147.00
Investing Cash Flow -11,525.00 -9,100.00 -16,588.00 -11,415.00 -3,683.00
   Capital Expenditure 0 -9,100.00 -16,588.00 -11,569.00 -3,683.00
   Net Purchase/Sale of PPE -11,525.00 -9,100.00 -16,588.00 -11,415.00 -3,683.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0.00 9,100.00 16,588.00 11,569.00 3,683.00
Financing Cash Flow -5,927.00 -5,821.00 -4,357.00 884.00 -22,206.00
   Net Issuance/Repayment of Debt -1,548.00 -3,152.00 -3,473.00 982.00 -20,148.00
   Net Issuance/Repurchase of Equity -2,939.00 2,669.00 482.00 96.00 20.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,440.00 -5,338.00 -1,366.00 -194.00 -2,078.00
Net Change in Cash 17,699.00 19,921.00 -1,963.00 2,015.00 2,275.00
   Cash at Beginning of Period 24,104.00 4,183.00 6,146.00 4,131.00 0
   Cash at End of Period 41,803.00 24,104.00 4,183.00 6,146.00 0
Free Cash Flow 23,626.00 25,742.00 2,394.00 977.00 24,481.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 219,692.00 219,924.00 223,591.00 209,550.00 220,651.00 212,267.00 213,377.00 206,781.00 198,615.00 199,886.00 186,120.00 179,785.00 165,508.00
   Current Assets 111,507.00 113,193.00 115,611.00 102,888.00 115,498.00 103,237.00 102,879.00 91,172.00 80,665.00 89,230.00 75,142.00 69,823.00 56,478.00
      Cash and Short-Term Investments 42,397.00 43,212.00 44,474.00 41,803.00 42,348.00 26,618.00 24,104.00 4,492.00 4,183.00 1,326.00 6,146.00 3,027.00 4,131.00
            Cash and Cash Equivalents 42,397.00 43,212.00 44,474.00 41,803.00 42,348.00 26,618.00 24,104.00 4,492.00 4,183.00 1,326.00 6,146.00 3,027.00 4,131.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 40,790.00 43,379.00 41,296.00 35,979.00 42,773.00 40,082.00 41,711.00 52,501.00 44,261.00 52,292.00 36,536.00 40,202.00 27,584.00
      Inventory 19,801.00 19,356.00 19,295.00 18,346.00 20,687.00 23,861.00 22,063.00 25,010.00 23,871.00 28,399.00 25,129.00 20,373.00 18,360.00
      Other Current Assets 8,519.00 7,246.00 10,546.00 6,760.00 9,690.00 12,676.00 15,001.00 9,169.00 8,350.00 7,213.00 7,331.00 6,221.00 6,403.00
   Non-Current Assets 108,185.00 106,731.00 107,980.00 106,662.00 105,153.00 109,030.00 110,498.00 115,609.00 117,950.00 110,656.00 110,978.00 109,962.00 109,030.00
      Property, Plant, Equipment Net 85,340.00 83,755.00 84,668.00 82,919.00 81,485.00 83,700.00 84,987.00 86,767.00 88,381.00 81,127.00 81,474.00 78,346.00 76,806.00
      Goodwill 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00 17,376.00
      Intangible Assets 3,708.00 3,936.00 4,165.00 4,430.00 4,827.00 5,617.00 6,017.00 7,207.00 7,619.00 9,080.00 9,567.00 11,029.00 11,516.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 521.00 0 929.00
      Other Non-Current Assets 1,761.00 1,664.00 1,771.00 1,937.00 1,465.00 2,337.00 2,118.00 4,259.00 4,574.00 3,073.00 2,040.00 3,211.00 2,403.00
Liabilities 64,264.00 66,463.00 73,718.00 62,189.00 72,811.00 69,452.00 74,424.00 84,048.00 82,490.00 95,489.00 86,025.00 82,190.00 71,576.00
   Current Liabilities 38,391.00 39,685.00 46,287.00 36,711.00 47,881.00 42,223.00 46,186.00 53,239.00 50,797.00 63,272.00 53,052.00 46,309.00 35,995.00
      Payables and Expenses 26,181.00 29,409.00 35,389.00 25,026.00 33,593.00 36,377.00 39,514.00 48,888.00 46,330.00 47,716.00 36,097.00 37,176.00 27,822.00
            Account Payables 20,734.00 22,630.00 28,289.00 17,115.00 25,011.00 24,260.00 23,958.00 33,244.00 29,586.00 33,420.00 22,695.00 25,465.00 16,994.00
            Current Accrued Liabilities 5,447.00 6,779.00 7,100.00 7,911.00 8,582.00 12,117.00 15,556.00 15,644.00 16,744.00 14,296.00 13,402.00 11,711.00 10,828.00
      Short-Term Debt 1,918.00 1,814.00 1,814.00 1,814.00 1,814.00 1,624.00 1,468.00 1,205.00 3,072.00 8,819.00 8,367.00 5,939.00 2,955.00
      Other Current Liabilities 10,292.00 8,462.00 9,084.00 9,871.00 12,474.00 4,222.00 5,204.00 3,146.00 1,395.00 6,737.00 8,588.00 3,194.00 5,218.00
   Non-Current Liabilities 25,873.00 26,778.00 27,431.00 25,478.00 24,930.00 27,229.00 28,238.00 30,809.00 31,693.00 32,217.00 32,973.00 35,881.00 35,581.00
      Long-Term Debt 18,244.00 18,797.00 19,248.00 19,706.00 20,164.00 21,061.00 21,519.00 22,685.00 22,986.00 20,239.00 21,251.00 24,226.00 1,670.00
      Other Non-Current Liabilities 7,629.00 7,981.00 8,183.00 5,772.00 4,766.00 6,168.00 6,719.00 8,124.00 8,707.00 11,978.00 11,722.00 11,655.00 33,911.00
Equity 155,428.00 153,461.00 149,873.00 147,361.00 147,840.00 142,815.00 138,953.00 122,733.00 116,125.00 104,397.00 100,095.00 97,595.00 93,932.00
   Shareholders Equity 155,428.00 153,461.00 149,873.00 147,361.00 147,840.00 142,815.00 138,953.00 122,733.00 116,125.00 104,397.00 100,095.00 97,595.00 93,932.00
      Capital Stock 86.00 86.00 86.00 86.00 87.00 87.00 86.00 84.00 84.00 83.00 82.00 80.00 80.00
      Share Premium 47,361.00 46,885.00 46,391.00 45,760.00 45,332.00 44,004.00 43,265.00 41,073.00 40,342.00 38,514.00 38,013.00 36,445.00 36,127.00
      Retained Earnings 143,480.00 141,603.00 137,551.00 135,368.00 135,407.00 125,828.00 122,069.00 107,597.00 101,745.00 93,406.00 89,542.00 88,327.00 84,871.00
      Treasury Shares 38,993.00 38,993.00 37,325.00 36,145.00 35,569.00 -32,111.00 -31,768.00 -29,122.00 -29,099.00 -28,617.00 -28,617.00 -28,568.00 -28,521.00
      Accumulated Other Comprehensive Income 3,494.00 3,880.00 3,170.00 2,292.00 2,583.00 5,007.00 5,301.00 3,101.00 3,053.00 1,011.00 1,075.00 1,311.00 1,375.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 90.00 0 10.00 0 32.00 90.00 51.00 41.00
Debt 20,162.00 20,611.00 21,062.00 21,520.00 21,978.00 22,685.00 22,987.00 23,890.00 26,058.00 29,058.00 29,618.00 30,165.00 28,153.00
Net Debt 0 0 0 0 0 0 0 19,398.00 21,875.00 27,732.00 23,472.00 27,138.00 24,022.00
Common Shares Outstanding 8,561.35 8,561.35 8,607.61 8,614.40 8,650.57 8,697.64 8,655.38 8,420.34 8,417.66 8,270.16 8,235.74 7,987.80 7,980.52
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 58,435.00 79,239.00 61,447.00 62,498.00 72,992.00 78,145.00 99,507.00 90,592.00 72,829.00
Cost Of Revenue 48,290.00 64,925.00 49,664.00 52,613.00 60,647.00 64,840.00 81,764.00 76,085.00 60,111.00
Interest Income 0 0 0 94.00 144.00 0 0 0 0
Interest Expense 34.00 0 16.00 0 0 82.00 356.00 541.00 579.00
Non-Interest Expense 7,572.00 9,100.00 8,944.00 9,015.00 8,740.00 0 0 0 0
Gross Profit 10,145.00 14,314.00 11,783.00 9,885.00 12,345.00 13,305.00 17,743.00 14,507.00 12,718.00
Operating Expenses 7,572.00 9,100.00 8,944.00 9,015.00 8,740.00 8,573.00 9,668.00 8,495.00 7,372.00
   Selling, General and Administrative Expenses 7,572.00 9,100.00 8,944.00 9,015.00 8,740.00 8,573.00 9,668.00 8,495.00 7,372.00
   Other Operating Expenses 0 0 0 0 0 0.00 0.00 0.00 0.00
Operating Income 2,573.00 5,214.00 2,839.00 870.00 3,605.00 4,732.00 8,075.00 6,012.00 5,346.00
Net Non-Operating Income 117.00 117.00 110.00 272.00 138.00 56.00 -304.00 -510.00 -539.00
EBT 2,656.00 5,363.00 2,933.00 1,143.00 3,887.00 4,788.00 7,771.00 5,502.00 4,807.00
Income Tax 779.00 1,311.00 750.00 1,182.00 727.00 1,029.00 1,919.00 1,638.00 1,351.00
Net Income Including Non-Controlling Interests 1,877.00 4,052.00 2,183.00 -39.00 3,160.00 0 0 0 0
Net Income 1,877.00 4,052.00 2,183.00 -39.00 3,160.00 3,759.00 5,852.00 3,864.00 3,456.00
EBIT 2,690.00 5,214.00 2,949.00 1,749.00 3,605.00 4,870.00 8,127.00 6,043.00 5,386.00
Deprecation and Amortization 3,113.00 3,177.00 3,214.00 3,381.00 3,290.00 3,292.00 3,410.00 3,125.00 3,049.00
EBITDA 5,803.00 8,391.00 6,163.00 5,130.00 6,895.00 8,162.00 11,537.00 9,168.00 8,435.00
EPS 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 8,561.00 8,621.28 8,621.00 8,644.00 8,777.78 8,666.00 8,418.00 8,268.00 7,985.00
Average Shares Outstanding Diluted 8,688.00 8,621.28 8,816.00 8,720.00 8,777.78 8,832.00 8,752.00 8,268.00 7,992.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow 4,572.00 3,495.00 6,099.00 4,989.00 9,219.00 5,072.00 4,647.00 -1,657.00 -512.00
   Operating Net Income 1,877.00 4,052.00 2,183.00 -39.00 3,160.00 3,759.00 5,852.00 3,864.00 3,456.00
   Deprecation and Amortization 3,113.00 3,177.00 3,214.00 3,381.00 3,290.00 3,292.00 3,410.00 3,125.00 3,049.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0
   Share Based Compensation 521.00 494.00 631.00 428.00 562.00 739.00 731.00 501.00 318.00
   Change in Working Capital -874.00 -3,796.00 -145.00 872.00 1,295.00 1,750.00 -5,831.00 -8,439.00 -6,185.00
   Other Operating Activities -65.00 -432.00 216.00 347.00 912.00 -4,468.00 485.00 -708.00 -1,150.00
Investing Cash Flow -4,918.00 -2,615.00 -1,772.00 -4,480.00 -2,240.00 -1,893.00 -2,127.00 -2,482.00 -2,436.00
   Capital Expenditure 0 0 0 0 0 -1,893.00 -2,127.00 -2,482.00 -2,436.00
   Net Purchase/Sale of PPE -4,918.00 -2,615.00 -1,772.00 -4,480.00 -2,240.00 -1,893.00 -2,127.00 -2,482.00 -2,436.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 0.00 0.00 1,893.00 2,127.00 2,482.00 2,436.00
Financing Cash Flow -469.00 -2,142.00 -1,656.00 -1,054.00 -2,418.00 -665.00 -2,211.00 -681.00 1,844.00
   Net Issuance/Repayment of Debt -469.00 -471.00 -478.00 -477.00 -426.00 -322.00 -2,188.00 -681.00 1,893.00
   Net Issuance/Repurchase of Equity 0 -1,333.00 -916.00 -576.00 -1,970.00 343.00 23.00 0 47.00
   Dividends Paid 0 0 0 0 0 0 0 0 0
   Other Financing Activities 0.00 -338.00 -262.00 -1.00 -22.00 -686.00 -46.00 0.00 -96.00
Net Change in Cash -815.00 -1,262.00 2,671.00 -545.00 4,561.00 2,514.00 309.00 -4,820.00 -1,104.00
   Cash at Beginning of Period 43,212.00 44,474.00 41,803.00 42,348.00 37,787.00 24,104.00 4,183.00 6,146.00 4,131.00
   Cash at End of Period 42,397.00 43,212.00 44,474.00 41,803.00 42,348.00 26,618.00 4,492.00 1,326.00 3,027.00
Free Cash Flow -346.00 880.00 4,327.00 509.00 6,979.00 3,179.00 2,520.00 -4,139.00 -2,948.00