CNR

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 2.56 1.24 1.84 17.62 -25.08
Price to Sales 0.33 0.32 0.38 0.48 0.24
Book Value Per Common Share 16.27
Price to Book 0.57
Price to Operating Cash Flow 1.54 0.95 1.32 1.96 1.87
Price to Free Cash Flow
Enterprise Value to EBITDA 12581.99 7034.75 6582.90 18601.43 12026.30
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 -57.97 -33.85 -55.87 2.87 4.59 7.25 1.65 2.11 3.70 3.13 6.98 -187.08 -6.04 20.43 18.22
Price to Sales 1.38 1.72 3.81 0.45 0.69 1.31 0.43 0.62 1.24 0.51 0.75 1.57 0.54 0.99 1.40
Book Value Per Common Share 73.78 73.18 74.01 52.03 48.94 47.25 42.01 40.83 37.82 26.28 22.87 19.20 16.27
Price to Book 1.13 0.95 1.04 0.47 0.50 0.52 0.59 0.60 0.65 0.94 1.07 1.27 0.57
Price to Operating Cash Flow 21.70 33.05 -35.35 2.06 3.79 9.53 1.29 1.76 3.43 1.72 2.46 5.69 1.99 3.63 6.15
Price to Free Cash Flow
Enterprise Value to EBITDA 123512.30 174335.16 723677.96 15125.61 23529.08 40020.05 9531.97 9301.51 18123.49 9791.12 16727.77 48598.07 57007.11 36791.33 45185.74

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -51.53 48.47 1254.55
Revenue YoY -12.95 12.67 80.81 23.43
EBITDA YoY -45.03 -19.45 302.59 23.08
Net Profit YoY -56.33 40.45 1269.04 1095.16
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 60.15 57.94 28.06 75.26 3334900.00 124.22 15.58
Revenue YoY 47.30 108.35 53.92 88.69 42.23 95.99 46.45 112.82 46.06 85.29
EBITDA YoY 68.08 267.24 55.56 70.07 -7.03 88.10 72.05 192.99 -48.13 59.64
Net Profit YoY 81.52 59.83 59.79 56.98 25.30 72.80 318.01 116.93 987.50 15.80

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 15.50 8.54 9.00 5.31 1.95
Quick Ratio 1.20 1.00 1.14 0.67 0.57
Current Ratio 1.52 1.35 1.33 0.87 0.80
Debt to Equity 0.29 0.32 0.38 0.57 0.35
Long-Term Debt to Equity 0.17 0.21 0.27 0.43 0.29
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 8.62 7.89 7.73 15.65 11.17 7.26 5.76 9.40 5.03 5.57 9.33 9.02 9.03 8.74 7.41 5.29 5.79 5.18 2.67 1.49
Quick Ratio 1.06 1.05 1.16 1.20 0.88 0.94 0.84 1.00 0.72 0.76 1.15 1.14 0.90 0.79 0.71 0.67 0.59 0.79 0.69 0.57
Current Ratio 1.82 1.78 1.89 1.52 1.38 1.55 1.47 1.35 1.28 1.40 1.38 1.33 1.08 0.94 0.84 0.87 0.75 1.00 0.91 0.80
Debt to Equity 0.23 0.24 0.22 0.29 0.29 0.30 0.31 0.32 0.33 0.33 0.34 0.38 0.48 0.53 0.57 0.57 0.67 0.60 0.60 0.35
Long-Term Debt to Equity 0.16 0.17 0.16 0.17 0.17 0.20 0.21 0.21 0.22 0.23 0.24 0.27 0.34 0.37 0.40 0.43 0.50 0.49 0.48 0.29

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 4.86 11.93 8.39 0.65 0.04
ROE 6.25 15.74 11.59 1.02 0.05
Gross Margin
Operating Margin 15.78 31.42 27.24 7.83 5.08
EBITDA Margin 25.77 40.82 57.09 25.64 25.71
Net Profit Margin 12.81 25.53 20.48 2.70 0.28
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 0.07 0.04 0.02 4.42 2.88 1.85 9.12 7.28 4.16 4.93 2.26 0.21 -0.02 0.59 0.51
ROE 0.08 0.05 0.03 5.70 3.73 2.41 12.12 9.64 5.58 7.31 3.45 0.33 -0.04 0.94 0.82
Gross Margin 16.40 15.89 14.46
Operating Margin -3.06 -4.00 -6.44 19.14 18.40 21.97 32.46 36.66 40.99 22.29 14.81 1.19 -8.61 9.20 13.69
EBITDA Margin 11.09 9.72 5.51 29.20 28.89 32.06 41.99 64.24 66.93 52.56 44.74 32.50 9.55 26.88 31.20
Net Profit Margin 0.27 0.22 0.28 15.57 15.00 18.03 25.99 29.50 33.46 16.39 11.07 2.17 -0.12 4.82 7.72

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 5,892,939.00 5,497,924.00 5,567,631.00 5,251,582.00 7,580,732.00
   Current Assets 785,958.00 601,006.00 598,483.00 386,340.00 292,941.00
      Cash and Short-Term Investments 460,233.00 281,303.00 313,436.00 182,518.00 50,850.00
            Cash and Cash Equivalents 408,240.00 199,371.00 313,436.00 182,518.00 50,850.00
            Short-Term Investments 51,993.00 81,932.00 0 0 0
      Net Receivables 162,650.00 160,377.00 196,644.00 115,730.00 160,446.00
      Inventory 96,201.00 88,154.00 66,290.00 62,876.00 56,200.00
      Other Current Assets 66,874.00 71,172.00 22,113.00 25,216.00 25,445.00
   Non-Current Assets 5,106,981.00 4,896,918.00 4,969,148.00 4,865,242.00 7,287,791.00
      Property, Plant, Equipment Net 1,927,212.00 1,917,781.00 1,979,881.00 15,774,371.00 15,484,524.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 57,011.00 68,821.00
      Other Non-Current Assets 3,179,769.00 2,979,137.00 2,989,267.00 -10,966,140.00 -8,265,554.00
Liabilities 1,311,296.00 1,331,561.00 1,538,551.00 1,900,704.00 1,969,847.00
   Current Liabilities 518,684.00 443,724.00 448,798.00 445,232.00 368,470.00
      Payables and Expenses 405,207.00 427,849.00 399,888.00 381,218.00 314,624.00
            Account Payables 143,635.00 137,243.00 130,232.00 80,343.00 71,229.00
            Current Accrued Liabilities 261,572.00 290,606.00 269,656.00 300,875.00 243,395.00
      Short-Term Debt 113,477.00 15,875.00 33,768.00 70,696.00 53,846.00
      Other Current Liabilities 0.00 0.00 15,142.00 -6,682.00 0.00
   Non-Current Liabilities 792,612.00 887,837.00 1,089,753.00 1,455,472.00 1,601,377.00
      Long-Term Debt 195,054.00 382,519.00 725,743.00 1,204,574.00 1,241,777.00
      Other Non-Current Liabilities 597,558.00 505,318.00 364,010.00 250,898.00 359,600.00
Equity 4,581,643.00 4,166,363.00 4,029,080.00 3,350,878.00 5,610,885.00
   Shareholders Equity 0 0 0 0 553,519.00
      Capital Stock 294.00 299.00 347.00 345.00 340.00
      Share Premium 540,412.00 547,861.00 646,237.00 646,945.00 642,887.00
      Retained Earnings 1,162,114.00 944,342.00 668,882.00 280,960.00 246,850.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -134,573.00 -149,060.00 -149,640.00 -255,437.00 -336,558.00
   Minority Interest 0 0 0 0 0
Investments 51,993.00 81,932.00 0 0 1,661.00
Debt 308,531.00 398,394.00 759,511.00 1,275,270.00 1,295,623.00
Net Debt 0 117,091.00 446,075.00 1,092,752.00 1,244,773.00
Common Shares Outstanding 29,407.83 29,910.44 34,746.90 34,480.18 34,031.37
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 2,236,311.00 2,568,877.00 2,280,018.00 1,261,034.00 1,021,643.00
   Selling, General and Administrative Expenses 115,224.00 103,470.00 116,696.00 89,113.00 72,706.00
Net Non-Operating Income 80,672.00 53,261.00 24,354.00 38,394.00 0
Interest Expense 22,192.00 29,325.00 52,640.00 63,342.00 61,186.00
EBT 330,647.00 777,872.00 568,437.00 35,407.00 -9,242.00
Income Tax 44,242.00 121,980.00 101,458.00 1,297.00 3,972.00
Net Income Including Non-Controlling Interests 286,405.00 655,892.00 1,867,916.00 102,330.00 6,313.00
Net Income Non-Controlling Interests 0.00 0.00 -1,400,937.00 -68,220.00 -3,459.00
Net Income 286,405.00 655,892.00 466,979.00 34,110.00 2,854.00
EBIT 352,839.00 807,197.00 621,077.00 98,749.00 51,944.00
Deprecation and Amortization 223,526.00 241,317.00 680,634.00 224,583.00 210,760.00
EBITDA 576,365.00 1,048,514.00 1,301,711.00 323,332.00 262,704.00
EPS 0.01 0.02 0.01 0.00 -0.00
Diluted EPS 0.01 0.02 0.01 0.00 -0.00
Average Shares Outstanding Basic 29,683.00 32,941.65 34,811.91 34,404.36 26,066.97
Average Shares Outstanding Diluted 29,807.37 33,142.01 35,718.25 35,388.56 26,066.97
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 476,390.00 857,949.00 650,990.00 305,569.00 129,331.00
   Operating Net Income 286,405.00 1,967,676.00 1,867,916.00 102,330.00 -36,183.00
   Deprecation and Amortization 223,526.00 241,317.00 680,634.00 224,583.00 210,760.00
   Deferred Income Tax 8,820.00 14,121.00 49,387.00 -14,760.00 11,685.00
   Share Based Compensation 11,350.00 10,046.00 7,890.00 6,632.00 11,579.00
   Change in Working Capital -44,440.00 -20,267.00 21,605.00 1,765.00 -43,554.00
   Other Operating Activities -9,271.00 -1,354,944.00 -1,976,442.00 -14,981.00 -24,956.00
Investing Cash Flow -165,031.00 -259,432.00 -142,178.00 -127,361.00 -76,334.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 185,384.00 172,046.00 364,550.00 279,076.00 181,907.00
   Net Purchase/Sale of Investments Net 23,838.00 10,203.00 -7,790.00 8,181.00 229.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -374,253.00 -441,681.00 -498,938.00 -414,618.00 -258,470.00
Financing Cash Flow -107,085.00 -682,201.00 -380,066.00 -30,852.00 -82,440.00
   Net Issuance/Repayment of Debt 11,473.00 293,570.00 320,749.00 193,273.00 86,314.00
   Net Issuance/Repurchase of Equity 70,879.00 399,379.00 0 0 0
   Dividends Paid 15,860.00 75,474.00 71,486.00 0 0
   Other Financing Activities -205,297.00 -1,450,624.00 -772,301.00 -224,125.00 -168,754.00
Net Change in Cash 204,274.00 -83,684.00 128,746.00 147,356.00 -29,443.00
   Cash at Beginning of Period 243,268.00 326,952.00 198,206.00 50,850.00 80,293.00
   Cash at End of Period 447,542.00 243,268.00 326,952.00 198,206.00 50,850.00
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 12,718,510.00 12,714,698.00 12,903,535.00 5,892,939.00 5,777,377.00 5,562,139.00 5,520,526.00 5,497,924.00 5,467,230.00 5,471,168.00 5,540,754.00 5,567,631.00 5,552,018.00 5,578,656.00 5,608,646.00 5,251,582.00 5,268,794.00 5,216,071.00 5,168,378.00 7,580,732.00
   Current Assets 1,400,418.00 1,272,071.00 1,332,667.00 785,958.00 744,593.00 621,212.00 613,713.00 601,006.00 579,394.00 578,424.00 611,988.00 598,483.00 558,297.00 540,730.00 528,392.00 386,340.00 384,241.00 371,952.00 336,742.00 292,941.00
      Cash and Short-Term Investments 444,672.00 413,175.00 388,493.00 460,233.00 331,674.00 216,115.00 172,551.00 281,303.00 167,586.00 189,539.00 322,153.00 313,436.00 314,794.00 304,594.00 256,755.00 182,518.00 199,538.00 178,336.00 91,477.00 50,850.00
            Cash and Cash Equivalents 444,672.00 413,175.00 388,493.00 408,240.00 331,674.00 216,115.00 172,551.00 199,371.00 167,586.00 189,539.00 238,623.00 313,436.00 314,794.00 304,594.00 256,755.00 182,518.00 199,538.00 178,336.00 91,477.00 50,850.00
            Short-Term Investments 0 0 0 51,993.00 0 0 0 81,932.00 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 374,880.00 337,794.00 427,762.00 162,650.00 144,972.00 159,581.00 180,001.00 160,377.00 158,981.00 124,174.00 185,613.00 196,644.00 147,370.00 149,322.00 189,788.00 115,730.00 103,689.00 115,308.00 166,231.00 160,446.00
      Inventory 407,500.00 377,075.00 388,005.00 96,201.00 116,632.00 97,507.00 109,490.00 88,154.00 98,386.00 97,675.00 95,635.00 66,290.00 74,955.00 68,443.00 58,798.00 62,876.00 56,015.00 59,299.00 55,209.00 56,200.00
      Other Current Assets 173,366.00 144,027.00 128,407.00 66,874.00 151,315.00 148,009.00 151,671.00 71,172.00 154,441.00 167,036.00 8,587.00 22,113.00 21,178.00 18,371.00 23,051.00 25,216.00 24,999.00 19,009.00 23,825.00 25,445.00
   Non-Current Assets 11,318,092.00 11,442,627.00 11,570,868.00 5,106,981.00 5,032,784.00 4,940,927.00 4,906,813.00 4,896,918.00 4,887,836.00 4,892,744.00 4,928,766.00 4,969,148.00 4,993,721.00 5,037,926.00 5,080,254.00 4,865,242.00 4,884,553.00 4,844,119.00 4,831,636.00 7,287,791.00
      Property, Plant, Equipment Net 4,390,382.00 4,474,954.00 4,519,458.00 1,927,212.00 5,707,560.00 5,669,774.00 5,607,856.00 1,917,781.00 5,536,316.00 5,501,558.00 5,461,002.00 1,979,881.00 16,074,872.00 16,025,081.00 15,904,048.00 15,774,371.00 15,690,851.00 15,548,812.00 15,443,554.00 15,484,524.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 44,105.00 63,554.00 61,452.00 57,011.00 111,372.00 69,656.00 62,261.00 68,821.00
      Other Non-Current Assets 6,927,710.00 6,967,673.00 7,051,410.00 3,179,769.00 -674,776.00 -728,847.00 -701,043.00 2,979,137.00 -648,480.00 -608,814.00 -532,236.00 2,989,267.00 -11,125,256.00 -11,050,709.00 -10,885,246.00 -10,966,140.00 -10,917,670.00 -10,774,349.00 -10,674,179.00 -8,265,554.00
Liabilities 2,417,094.00 2,441,152.00 2,356,172.00 1,311,296.00 1,294,622.00 1,272,051.00 1,291,306.00 1,331,561.00 1,350,725.00 1,343,154.00 1,414,414.00 1,538,551.00 1,805,831.00 1,922,892.00 2,046,552.00 1,900,704.00 2,105,167.00 1,965,198.00 1,937,495.00 1,969,847.00
   Current Liabilities 769,763.00 713,782.00 703,862.00 518,684.00 540,015.00 400,088.00 417,296.00 443,724.00 454,151.00 413,731.00 442,466.00 448,798.00 515,005.00 576,504.00 627,419.00 445,232.00 515,676.00 370,257.00 371,194.00 368,470.00
      Payables and Expenses 685,967.00 656,444.00 666,505.00 405,207.00 427,309.00 389,909.00 404,279.00 427,849.00 433,674.00 389,774.00 413,066.00 399,888.00 391,083.00 368,092.00 356,642.00 381,218.00 461,302.00 310,832.00 321,137.00 314,624.00
            Account Payables 286,323.00 270,823.00 298,749.00 143,635.00 145,301.00 136,848.00 139,301.00 137,243.00 132,377.00 122,015.00 120,539.00 130,232.00 124,553.00 115,004.00 109,454.00 80,343.00 78,392.00 68,073.00 75,382.00 71,229.00
            Current Accrued Liabilities 399,644.00 385,621.00 367,756.00 261,572.00 282,008.00 253,061.00 264,978.00 290,606.00 301,297.00 267,759.00 292,527.00 269,656.00 266,530.00 253,088.00 247,188.00 300,875.00 382,910.00 242,759.00 245,755.00 243,395.00
      Short-Term Debt 83,796.00 57,338.00 37,357.00 113,477.00 112,706.00 10,179.00 13,017.00 15,875.00 20,477.00 23,957.00 29,400.00 33,768.00 32,436.00 33,484.00 70,592.00 70,696.00 54,374.00 59,425.00 50,057.00 53,846.00
      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 15,142.00 91,486.00 174,928.00 200,185.00 -6,682.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 1,647,331.00 1,727,370.00 1,652,310.00 792,612.00 754,607.00 871,963.00 874,010.00 887,837.00 896,574.00 929,423.00 971,948.00 1,089,753.00 1,290,826.00 1,346,388.00 1,419,133.00 1,455,472.00 1,589,491.00 1,594,941.00 1,566,301.00 1,601,377.00
      Long-Term Debt 334,512.00 333,980.00 329,771.00 195,054.00 172,949.00 380,348.00 380,459.00 382,519.00 388,884.00 442,017.00 539,813.00 725,743.00 870,045.00 975,239.00 1,127,846.00 1,204,574.00 1,278,059.00 1,306,297.00 1,203,076.00 1,241,777.00
      Other Non-Current Liabilities 1,312,819.00 1,393,390.00 1,322,539.00 597,558.00 581,658.00 491,615.00 493,551.00 505,318.00 507,690.00 487,406.00 432,135.00 364,010.00 420,781.00 371,149.00 291,287.00 250,898.00 311,432.00 288,644.00 363,225.00 359,600.00
Equity 10,301,416.00 10,273,546.00 10,547,363.00 4,581,643.00 4,482,755.00 4,290,088.00 4,229,220.00 4,166,363.00 4,116,505.00 4,128,014.00 4,126,340.00 4,029,080.00 3,746,187.00 3,655,764.00 3,562,094.00 3,350,878.00 3,163,627.00 3,250,873.00 3,230,883.00 5,610,885.00
   Shareholders Equity 3,778,794.00 3,767,586.00 3,895,774.00 0 1,529,495.00 1,438,403.00 1,388,818.00 0 1,308,790.00 1,335,195.00 1,280,897.00 0 916,445.00 797,594.00 668,408.00 0 0 0 0 553,519.00
      Capital Stock 512.00 515.00 526.00 294.00 294.00 294.00 294.00 299.00 312.00 327.00 339.00 347.00 349.00 349.00 348.00 345.00 345.00 345.00 344.00 340.00
      Share Premium 2,991,513.00 2,992,600.00 3,018,264.00 540,412.00 538,054.00 535,965.00 536,163.00 547,861.00 569,071.00 595,566.00 615,872.00 646,237.00 647,448.00 646,217.00 645,071.00 646,945.00 644,920.00 643,033.00 642,054.00 642,887.00
      Retained Earnings 919,639.00 908,125.00 1,011,480.00 1,162,114.00 1,138,957.00 1,050,577.00 1,001,162.00 944,342.00 891,798.00 890,786.00 815,015.00 668,882.00 519,110.00 402,801.00 276,510.00 280,960.00 163,637.00 277,426.00 273,254.00 246,850.00
      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 -132,870.00 -133,654.00 -134,496.00 -134,573.00 -147,810.00 -148,433.00 -148,801.00 -149,060.00 -152,391.00 -151,484.00 -150,329.00 -149,640.00 -250,462.00 -251,773.00 -253,521.00 -255,437.00 -324,322.00 -328,071.00 -332,587.00 -336,558.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 51,993.00 0 0 0 81,932.00 0 0 0 0 0 0 0 0 2,690.00 1,573.00 1,673.00 1,661.00
Debt 752,820.00 725,298.00 696,899.00 308,531.00 285,655.00 390,527.00 393,476.00 398,394.00 409,361.00 465,974.00 569,213.00 759,511.00 902,481.00 1,008,723.00 1,198,438.00 1,275,270.00 1,332,433.00 1,365,722.00 1,253,133.00 1,295,623.00
Net Debt 308,148.00 312,123.00 308,406.00 0 0 174,412.00 220,925.00 117,091.00 241,775.00 276,435.00 247,060.00 446,075.00 587,687.00 704,129.00 941,683.00 1,092,752.00 1,132,895.00 1,187,386.00 1,161,656.00 1,244,773.00
Common Shares Outstanding 51,216.70 51,484.17 52,639.43 29,407.83 29,394.47 29,392.99 29,395.34 29,910.44 31,152.80 32,698.94 33,872.29 34,746.90 34,871.36 34,867.74 34,814.49 34,480.18 34,480.18 34,480.18 34,371.21 34,031.37
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 3,122,310.00 2,119,767.00 1,017,406.00 -1,035,916.00 1,641,020.00 1,066,165.00 565,042.00 -1,388,742.00 1,919,438.00 1,349,574.00 688,607.00 -1,068,275.00 1,671,103.00 1,141,036.00 536,154.00 -641,097.00 925,998.00 633,982.00 342,151.00
Cost Of Revenue 2,610,342.00 1,782,870.00 870,296.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 511,968.00 336,897.00 147,110.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 596,941.00 410,060.00 201,020.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Selling, General and Administrative Expenses 158,285.00 124,152.00 40,141.00 -24,596.00 77,669.00 41,518.00 20,633.00 -36,031.00 79,758.00 42,445.00 17,298.00 -79,885.00 94,919.00 64,513.00 37,149.00 -50,339.00 68,982.00 46,506.00 23,964.00
   Other Operating Expenses 438,656.00 285,908.00 160,879.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Income -84,973.00 -73,163.00 -53,910.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Non-Operating Income -39,360.00 -29,770.00 -19,583.00 80,672.00 0 0 0 -4,311.00 40,070.00 12,218.00 5,284.00 -9,226.00 17,160.00 12,072.00 4,348.00 44,104.00 9,504.00 -15,214.00 0
Interest Income 48,973.00 30,789.00 14,337.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 28,676.00 18,070.00 8,019.00 -8,676.00 15,063.00 10,399.00 5,406.00 -22,467.00 24,079.00 17,434.00 10,279.00 -28,620.00 39,435.00 27,473.00 14,352.00 -30,860.00 47,493.00 31,448.00 15,261.00
Net Interest 20,297.00 12,719.00 6,318.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT -124,333.00 -102,933.00 -73,493.00 -272,902.00 298,993.00 185,822.00 118,734.00 -570,389.00 599,024.00 477,267.00 271,970.00 101,790.00 333,077.00 141,542.00 -7,972.00 104,129.00 -127,179.00 26,868.00 31,589.00
Income Tax 50,098.00 2,900.00 4,216.00 -41,880.00 43,409.00 25,870.00 16,843.00 -98,979.00 100,199.00 79,167.00 41,593.00 14,661.00 59,115.00 19,701.00 7,981.00 -51,562.00 43,966.00 3,708.00 5,185.00
Net Income Including Non-Controlling Interests 0 -102,933.00 -73,493.00 -231,022.00 255,584.00 159,952.00 101,891.00 -471,410.00 498,825.00 398,100.00 230,377.00 1,472,113.00 273,962.00 121,841.00 0 128,563.00 -83,213.00 30,576.00 26,404.00
Net Income Non-Controlling Interests 0 107,565.00 76,391.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1,405,387.00 0.00 4,450.00 0 -150,283.00 82,063.00 0.00 0.00
Net Income 8,408.00 4,632.00 2,898.00 -231,022.00 255,584.00 159,952.00 101,891.00 -471,410.00 498,825.00 398,100.00 230,377.00 55,113.00 273,962.00 126,291.00 11,613.00 -21,720.00 -1,150.00 30,576.00 26,404.00
EBIT -95,657.00 -84,863.00 -65,474.00 -281,578.00 314,056.00 196,221.00 124,140.00 -592,856.00 623,103.00 494,701.00 282,249.00 73,170.00 372,512.00 169,015.00 6,380.00 73,269.00 -79,686.00 58,316.00 46,850.00
Deprecation and Amortization 441,825.00 290,819.00 121,556.00 -110,488.00 165,173.00 111,844.00 56,997.00 -492,444.00 182,871.00 372,237.00 178,653.00 -334,551.00 505,821.00 341,502.00 167,862.00 -115,483.00 168,073.00 112,096.00 59,897.00
EBITDA 346,168.00 205,956.00 56,082.00 -392,066.00 479,229.00 308,065.00 181,137.00 -1,085,300.00 805,974.00 866,938.00 460,902.00 -261,381.00 878,333.00 510,517.00 174,242.00 -42,214.00 88,387.00 170,412.00 106,747.00
EPS -0.00 -0.00 -0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.01 0.00 0.01 0.00 -0.00 -0.00 -0.00 0.00 0.00
Diluted EPS -0.00 -0.00 -0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.00 -0.00 0.00 -0.00 0.00 0.00
Average Shares Outstanding Basic 51,577.73 52,382.00 50,264.71 29,306.33 29,705.63 29,768.94 29,951.11 29,856.64 33,330.89 34,043.82 34,535.27 34,870.72 34,870.15 34,846.04 34,660.71 34,484.02 34,480.18 34,446.61 34,206.63
Average Shares Outstanding Diluted 51,604.48 52,382.00 50,264.71 29,448.91 29,824.59 29,882.31 30,073.66 29,071.70 33,810.52 34,534.21 35,151.60 36,712.24 35,776.59 35,723.47 34,660.71 36,939.47 34,480.18 35,090.50 35,044.08
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 198,442.00 110,523.00 -109,638.00 -149,922.00 355,080.00 193,748.00 77,484.00 -505,464.00 638,818.00 476,084.00 248,511.00 -343,461.00 499,686.00 346,558.00 148,207.00 -198,175.00 253,143.00 172,605.00 77,996.00
   Operating Net Income -65,827.00 -101,201.00 -135,656.00 -333,981.00 256,359.00 160,199.00 203,828.00 597,924.00 503,668.00 402,708.00 463,376.00 1,074,392.00 558,416.00 247,774.00 -12,666.00 128,563.00 -83,213.00 30,576.00 26,404.00
   Deprecation and Amortization 441,825.00 290,819.00 121,556.00 -110,488.00 165,173.00 111,844.00 56,997.00 -492,444.00 182,871.00 372,237.00 178,653.00 -334,551.00 505,821.00 341,502.00 167,862.00 -115,483.00 168,073.00 112,096.00 59,897.00
   Deferred Income Tax -49,650.00 3,137.00 -4,193.00 8,206.00 360.00 180.00 74.00 15,729.00 -837.00 -561.00 -210.00 49,132.00 13,095.00 -7,762.00 -5,078.00 27,729.00 -43,966.00 -3,708.00 5,185.00
   Share Based Compensation 35,943.00 32,027.00 36,094.00 -10,529.00 9,406.00 7,355.00 5,118.00 -9,992.00 8,461.00 6,785.00 4,792.00 -8,475.00 6,694.00 5,470.00 4,201.00 -2,203.00 4,607.00 2,719.00 1,509.00
   Change in Working Capital -137,964.00 -182,268.00 -138,679.00 68,115.00 -28,340.00 -63,761.00 -20,454.00 -142,755.00 71,568.00 17,724.00 33,196.00 -157,054.00 41,203.00 67,173.00 70,283.00 60,633.00 -20,996.00 -33,904.00 -3,968.00
   Other Operating Activities -25,885.00 68,009.00 11,240.00 228,755.00 -47,878.00 -22,069.00 -168,079.00 -473,926.00 -126,913.00 -322,809.00 -431,296.00 -966,905.00 -625,543.00 -307,599.00 -76,395.00 -297,414.00 228,638.00 64,826.00 -11,031.00
Investing Cash Flow 131,600.00 182,789.00 283,011.00 101,467.00 -134,700.00 -95,501.00 -36,297.00 212,960.00 -195,723.00 -173,912.00 -102,757.00 75,757.00 -116,315.00 -70,126.00 -31,494.00 15,455.00 -91,603.00 -45,719.00 -5,494.00
   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 209,818.00 160,226.00 70,825.00 -112,335.00 144,468.00 104,708.00 48,543.00 -301,609.00 241,738.00 158,403.00 73,514.00 -163,440.00 288,686.00 159,540.00 79,764.00 -102,529.00 218,689.00 126,828.00 36,088.00
   Net Purchase/Sale of Investments Net 105,059.00 102,872.00 102,259.00 -59,367.00 45,365.00 22,184.00 15,656.00 -357,326.00 162,772.00 129,757.00 75,000.00 -12,235.00 1,633.00 1,483.00 1,329.00 7,479.00 338.00 182.00 182.00
   Net Purchase/Sale of Business 368,726.00 368,726.00 368,726.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -552,003.00 -449,035.00 -258,799.00 273,169.00 -324,533.00 -222,393.00 -100,496.00 871,895.00 -600,233.00 -462,072.00 -251,271.00 251,432.00 -406,634.00 -231,149.00 -112,587.00 110,505.00 -310,630.00 -172,729.00 -41,764.00
Financing Cash Flow -166,003.00 -133,954.00 -41,590.00 139,314.00 -94,033.00 -84,689.00 -67,677.00 484,169.00 -554,053.00 -386,454.00 -225,863.00 88,753.00 -260,929.00 -161,979.00 -45,911.00 -21,360.00 -84.00 22,467.00 -31,875.00
   Net Issuance/Repayment of Debt 135,761.00 131,290.00 128,065.00 -8,487.00 9,163.00 7,134.00 3,663.00 -377,119.00 287,473.00 232,094.00 151,122.00 -166,141.00 238,492.00 182,172.00 66,226.00 -145,389.00 162,505.00 137,016.00 39,141.00
   Net Issuance/Repurchase of Equity 202,591.00 183,152.00 101,259.00 -128,760.00 70,879.00 70,879.00 57,881.00 -93,643.00 277,382.00 140,519.00 75,121.00 0 0 0 0 0 0 0 0
   Dividends Paid 21,050.00 15,918.00 10,695.00 5,729.00 8,451.00 1,098.00 582.00 -113,761.00 75,474.00 75,474.00 38,287.00 36,615.00 34,871.00 0 0 0 0 0 0
   Other Financing Activities -525,405.00 -464,314.00 -281,609.00 270,832.00 -182,526.00 -163,800.00 -129,803.00 1,068,692.00 -1,194,382.00 -834,541.00 -490,393.00 218,279.00 -534,292.00 -344,151.00 -112,137.00 124,029.00 -162,589.00 -114,549.00 -71,016.00
Net Change in Cash 164,039.00 159,358.00 131,783.00 90,859.00 126,347.00 13,558.00 -26,490.00 191,665.00 -110,958.00 -84,282.00 -80,109.00 -178,951.00 122,442.00 114,453.00 70,802.00 -204,080.00 161,456.00 149,353.00 40,627.00
   Cash at Beginning of Period 447,542.00 447,542.00 447,542.00 356,683.00 243,268.00 243,268.00 243,268.00 51,603.00 326,952.00 326,952.00 326,952.00 505,903.00 198,206.00 198,206.00 198,206.00 402,286.00 50,850.00 50,850.00 50,850.00
   Cash at End of Period 611,581.00 606,900.00 579,325.00 447,542.00 369,615.00 256,826.00 216,778.00 243,268.00 215,994.00 242,670.00 246,843.00 326,952.00 320,648.00 312,659.00 269,008.00 198,206.00 212,306.00 200,203.00 91,477.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0