COHN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -129.38 | -1.97 | -0.88 | 1.56 | 1.30 |
| Price to Sales | 0.21 | 0.12 | 0.18 | 0.12 | 0.14 |
| Book Value Per Common Share | 20.45 | 22.01 | 26.34 | 36.18 | 33.13 |
| Price to Book | 0.51 | 0.30 | 0.32 | 0.41 | 0.49 |
| Price to Operating Cash Flow | 1.76 | -0.25 | -0.50 | 0.96 | 0.45 |
| Price to Free Cash Flow | 2.03 | -0.25 | -0.49 | 1.02 | 0.45 |
| Enterprise Value to EBITDA | 14827.59 | 1410.58 | 927.94 | 1569.76 |
| 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 | 4.25 | 12.26 | 43.05 | -8.63 | 6.36 | 5.58 | -3.87 | -2.96 | 2.63 | ||||
| Price to Sales | 0.23 | 0.29 | 0.49 | 0.91 | 0.43 | 0.33 | 1.12 | 1.43 | 0.24 | ||||
| Book Value Per Common Share | 23.50 | 21.30 | 20.44 | 20.45 | 22.44 | 22.71 | 22.01 | 24.37 | 26.34 | 30.74 | 36.18 | 40.32 | 33.13 |
| Price to Book | 0.48 | 0.47 | 0.40 | 0.51 | 0.37 | 0.31 | 0.30 | 0.28 | 0.32 | 0.53 | 0.41 | 0.59 | 0.49 |
| Price to Operating Cash Flow | 0.87 | 1.29 | -2.19 | 3.81 | 3.33 | 2.20 | -0.37 | 1.57 | -0.87 | ||||
| Price to Free Cash Flow | 0.88 | 1.34 | -2.14 | 4.25 | 3.60 | 2.24 | -0.37 | 1.60 | -0.87 | ||||
| Enterprise Value to EBITDA | 20407.07 | 28602.02 | 62314.89 | 24479.91 | 1723.32 | 1450.00 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | -24.36 | ||||
| Revenue YoY | -4.08 | 28.19 | -55.77 | 12.50 | |
| EBITDA YoY | -84.00 | 99.18 | |||
| Net Profit YoY | 15.39 | -93.68 | 586.49 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 225.93 | 326.32 | 3.13 | ||||||||||
| Revenue YoY | 40.66 | 108.32 | 55.01 | -41.50 | -7.42 | 275.81 | -42.31 | -84.62 | |||||
| EBITDA YoY | 58.16 | 162.03 | -91.59 | ||||||||||
| Net Profit YoY | 226.21 | 327.96 | -87.87 | 726.92 | -64.30 | -86.24 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 100.98 | 276.89 | 328.64 | 2717.89 | 5090.99 |
| Quick Ratio | 81.02 | ||||
| Current Ratio | 81.32 | ||||
| Debt to Equity | 9.76 | 7.42 | 8.43 | 23.44 | 59.62 |
| Long-Term Debt to Equity | 9.64 |
| 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 | 92.71 | 91.58 | 80.29 | 99.99 | 70.38 | 445.35 | 221.29 | 258.78 | 263.08 | 1617.31 | 1900.63 | 7076.38 | 4344.18 |
| Quick Ratio | 64.76 | 122.17 | 124.42 | 81.02 | 100.23 | ||||||||
| Current Ratio | 65.08 | 122.52 | 124.85 | 81.32 | 100.62 | ||||||||
| Debt to Equity | 6.66 | 11.24 | 10.42 | 9.76 | 7.13 | 8.37 | 7.42 | 8.05 | 8.43 | 21.28 | 23.44 | 49.66 | 59.62 |
| Long-Term Debt to Equity | 6.56 | 11.15 | 10.33 | 9.64 | 7.06 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -0.01 | 2.61 | 1.97 | 7.58 | 0.66 |
| ROE | -0.14 | 22.01 | 18.62 | 185.37 | 39.80 |
| Gross Margin | 29.16 | ||||
| Operating Margin | 17.19 | 106.58 | -214.13 | 182.50 | 102.96 |
| EBITDA Margin | 17.89 | 107.26 | -213.27 | 182.75 | 103.22 |
| Net Profit Margin | -0.16 | 24.35 | 27.05 | 189.34 | 31.03 |
| 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 | 0.59 | 0.12 | 0.03 | -0.20 | 0.26 | 1.67 | 0.29 | 0.22 | 0.56 | ||||
| ROE | 4.55 | 1.52 | 0.38 | -2.16 | 2.14 | 15.64 | 2.60 | 4.94 | 28.20 | ||||
| Gross Margin | 36.25 | 25.97 | 24.61 | 30.24 | 43.48 | ||||||||
| Operating Margin | 13.06 | 11.52 | 8.79 | -33.25 | 20.63 | 231.69 | -224.36 | -585.51 | 206.56 | ||||
| EBITDA Margin | 13.27 | 11.80 | 9.38 | -32.37 | 21.09 | 232.05 | -222.78 | -584.67 | 206.64 | ||||
| Net Profit Margin | 5.45 | 2.35 | 1.14 | -10.53 | 6.78 | 51.76 | 23.52 | 38.02 | 42.48 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.01 | 0.00 | ||
| Dividend Payout Ratio | -1451.94 | 41.03 | 0.74 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Dividend Payout Ratio | 9.45 | 62.36 | 116.41 | -20.89 | 18.98 | 28.67 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 971,149.00 | 772,761.00 | 887,055.00 | 3,654,259.00 | 6,149,379.00 |
| Current Assets | 887,481.00 | 0 | 0 | 0 | 0 |
| Cash and Short-Term Investments | 163,086.00 | 419,058.00 | 466,793.00 | 3,226,212.00 | 5,758,339.00 |
| Cash and Cash Equivalents | 19,590.00 | 419,058.00 | 466,793.00 | 3,226,212.00 | 5,758,339.00 |
| Short-Term Investments | 143,496.00 | 0 | 0 | 0 | 0 |
| Net Receivables | 721,126.00 | 66,801.00 | 140,933.00 | 68,392.00 | 52,917.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3,269.00 | 0 | 0 | 0 | 0 |
| Non-Current Assets | 83,668.00 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 17,515.00 | 11,549.00 | 13,281.00 | 13,343.00 | 8,182.00 |
| Goodwill | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 |
| Intangible Assets | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 |
| Long-Term Investments | 36,737.00 | 14,241.00 | 8,929.00 | 48,238.00 | 13,482.00 |
| Non-Current Deferred Assets | 2,350.00 | 1,580.00 | 6,934.00 | 9,468.00 | 7,397.00 |
| Other Non-Current Assets | 26,791.00 | 0 | 0 | 0 | 0 |
| Liabilities | 880,866.00 | 680,964.00 | 793,029.00 | 3,504,753.00 | 6,047,942.00 |
| Current Liabilities | 10,913.00 | 0 | 0 | 0 | 0 |
| Payables and Expenses | 6,983.00 | 2,118.00 | 1,565.00 | 1,548.00 | 1,048.00 |
| Account Payables | 812.00 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 3,831.00 | 2,118.00 | 1,565.00 | 1,548.00 | 1,048.00 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | 869,953.00 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 118,134.00 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 751,819.00 | 0 | 0 | 0 | 0 |
| Equity | 90,283.00 | 91,797.00 | 94,026.00 | 149,506.00 | 101,437.00 |
| Shareholders Equity | 41,728.00 | 41,682.00 | 46,739.00 | 61,415.00 | 43,909.00 |
| Capital Stock | 47.00 | 46.00 | 44.00 | 44.00 | 40.00 |
| Share Premium | 76,704.00 | 74,594.00 | 72,801.00 | 72,006.00 | 65,031.00 |
| Retained Earnings | -34,016.00 | -32,014.00 | -25,151.00 | -9,730.00 | -20,341.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -1,007.00 | -944.00 | -955.00 | -905.00 | -821.00 |
| Minority Interest | 48,555.00 | 50,115.00 | 47,287.00 | 88,091.00 | 57,528.00 |
| Investments | 0 | 603,977.00 | 658,449.00 | 3,447,748.00 | 5,972,786.00 |
| Debt | 118,134.00 | 37,932.00 | 39,471.00 | 54,207.00 | 53,631.00 |
| Net Debt | 81,969.00 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 2,040.05 | 1,893.75 | 1,774.34 | 1,697.44 | 1,325.53 |
| Preferred Shares Outstanding | 0 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 79,598.00 | 82,981.00 | 64,732.00 | 146,368.00 | 130,110.00 |
| Cost Of Revenue | 56,388.00 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 32,488.00 | 49,911.00 | 100,081.00 | 106,469.00 |
| Interest Expense | 5,821.00 | 18,299.00 | 12,899.00 | 15,366.00 | 18,632.00 |
| Net Interest | 0 | -6,526.00 | -4,982.00 | -7,233.00 | 9,589.00 |
| Non-Interest Expense | 21,038.00 | 0 | 0 | 0 | 0 |
| Gross Profit | 23,210.00 | 0 | 0 | 0 | 0 |
| Operating Expenses | 31,233.00 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 21,038.00 | 9,296.00 | 8,153.00 | 7,684.00 | 7,068.00 |
| Research and Development Expenses | 6,617.00 | 0 | 0 | 0 | 0 |
| Other Operating Expenses | 9,639.00 | 0 | 0 | 0 | 0 |
| Operating Income | -8,023.00 | 41,956.00 | -75,064.00 | 157,186.00 | 147,593.00 |
| Net Non-Operating Income | 0 | 28,190.00 | -76,447.00 | 94,571.00 | -32,258.00 |
| EBT | 7,860.00 | 70,146.00 | -151,511.00 | 251,757.00 | 115,335.00 |
| Income Tax | -329.00 | 14,664.00 | 14,581.00 | 3,998.00 | 26,194.00 |
| Equity Method Investments Income | 0 | -93,654.00 | 125,582.00 | -215,844.00 | 9,932.00 |
| Net Income Including Non-Controlling Interests | 8,189.00 | 70,821.00 | -96,253.00 | 476,774.00 | 85,230.00 |
| Net Income Non-Controlling Interests | -8,318.00 | -50,614.00 | 113,765.00 | -199,640.00 | -44,860.00 |
| Net Income | -129.00 | 20,207.00 | 17,512.00 | 277,134.00 | 40,370.00 |
| EBIT | 13,681.00 | 88,445.00 | -138,612.00 | 267,123.00 | 133,967.00 |
| Deprecation and Amortization | 556.00 | 563.00 | 557.00 | 371.00 | 334.00 |
| EBITDA | 14,237.00 | 89,008.00 | -138,055.00 | 267,494.00 | 134,301.00 |
| EPS | -0.00 | -0.00 | -0.01 | 0.01 | 0.01 |
| Diluted EPS | -0.00 | -0.00 | -0.01 | 0.01 | 0.01 |
| Average Shares Outstanding Basic | 1,615.00 | 1,513.47 | 1,420.38 | 1,187.03 | 1,131.09 |
| Average Shares Outstanding Diluted | 5,676.00 | 1,513.47 | 1,420.38 | 5,284.93 | 5,091.09 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 9,475.00 | -39,660.00 | -23,488.00 | 18,321.00 | 41,435.00 |
| Operating Net Income | 8,189.00 | 10,399.00 | -58,670.00 | 72,111.00 | 38,453.00 |
| Deprecation and Amortization | 556.00 | 563.00 | 557.00 | 371.00 | 334.00 |
| Deferred Income Tax | -677.00 | 5,354.00 | 4,579.00 | -2,071.00 | -8,877.00 |
| Share Based Compensation | 4,668.00 | 4,391.00 | 4,390.00 | 15,718.00 | 12,553.00 |
| Change in Working Capital | 9,837.00 | -47,099.00 | -11,424.00 | 3.00 | 144,446.00 |
| Other Operating Activities | -13,098.00 | -13,268.00 | 37,080.00 | -67,811.00 | -145,474.00 |
| Investing Cash Flow | 16,506.00 | 38,123.00 | 13,798.00 | -22,534.00 | -11,948.00 |
| Capital Expenditure | 0 | -373.00 | -573.00 | -1,028.00 | -217.00 |
| Net Purchase/Sale of PPE | -1,249.00 | -373.00 | -573.00 | -1,028.00 | -217.00 |
| Net Purchase/Sale of Investments Net | 16,965.00 | -10,115.00 | 19,855.00 | -11,085.00 | -7,534.00 |
| Net Purchase/Sale of Business | -236.00 | 195.00 | -2,537.00 | -8,143.00 | -12,675.00 |
| Other Investing Activities | 1,026.00 | 48,789.00 | -2,374.00 | -1,250.00 | 8,695.00 |
| Financing Cash Flow | -16,717.00 | -17,105.00 | -11,504.00 | 13,161.00 | 3,789.00 |
| Net Issuance/Repayment of Debt | 0 | -15,000.00 | 0 | -17,500.00 | 2,166.00 |
| Net Issuance/Repurchase of Equity | 154.00 | 0 | 0 | 9,933.00 | 2,142.00 |
| Dividends Paid | -1,873.00 | -8,291.00 | 322.00 | -2,063.00 | 27.00 |
| Other Financing Activities | -14,998.00 | 6,186.00 | -11,826.00 | 22,791.00 | -546.00 |
| Net Change in Cash | 9,264.00 | -18,451.00 | -21,466.00 | 8,571.00 | 33,692.00 |
| Cash at Beginning of Period | 10,650.00 | 29,101.00 | 50,567.00 | 41,996.00 | 8,304.00 |
| Cash at End of Period | 19,590.00 | 10,650.00 | 29,101.00 | 50,567.00 | 41,996.00 |
| Free Cash Flow | 8,226.00 | -40,033.00 | -24,061.00 | 17,293.00 | 41,218.00 |
| 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 | 773,854.00 | 1,131,650.00 | 978,050.00 | 971,149.00 | 818,011.00 | 1,061,325.00 | 772,761.00 | 745,225.00 | 887,055.00 | 2,706,732.00 | 3,654,259.00 | 7,834,995.00 | 6,149,379.00 |
| Current Assets | 674,937.00 | 1,025,839.00 | 897,770.00 | 887,481.00 | 752,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash and Short-Term Investments | 161,391.00 | 159,374.00 | 136,861.00 | 163,086.00 | 114,793.00 | 704,267.00 | 419,058.00 | 385,454.00 | 466,793.00 | 2,256,072.00 | 3,226,212.00 | 7,319,009.00 | 5,758,339.00 |
| Cash and Cash Equivalents | 54,688.00 | 25,996.00 | 13,985.00 | 19,590.00 | 14,290.00 | 704,267.00 | 419,058.00 | 385,454.00 | 466,793.00 | 2,256,072.00 | 3,226,212.00 | 7,319,009.00 | 5,758,339.00 |
| Short-Term Investments | 106,703.00 | 133,378.00 | 122,876.00 | 143,496.00 | 100,503.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 510,204.00 | 863,584.00 | 757,865.00 | 721,126.00 | 634,357.00 | 68,105.00 | 66,801.00 | 103,261.00 | 140,933.00 | 102,049.00 | 68,392.00 | 92,688.00 | 52,917.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3,342.00 | 2,881.00 | 3,044.00 | 3,269.00 | 2,850.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Assets | 98,917.00 | 105,811.00 | 80,280.00 | 83,668.00 | 66,011.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 18,101.00 | 17,034.00 | 17,168.00 | 17,515.00 | 8,871.00 | 7,000.00 | 11,549.00 | 9,144.00 | 13,281.00 | 11,087.00 | 13,343.00 | 5,807.00 | 8,182.00 |
| Goodwill | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 | 109.00 |
| Intangible Assets | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 | 166.00 |
| Long-Term Investments | 48,094.00 | 39,540.00 | 36,740.00 | 36,737.00 | 40,451.00 | 43,281.00 | 14,241.00 | 9,240.00 | 8,929.00 | 17,714.00 | 48,238.00 | 9,136.00 | 13,482.00 |
| Non-Current Deferred Assets | 1,500.00 | 1,897.00 | 2,387.00 | 2,350.00 | 1,685.00 | 1,639.00 | 1,580.00 | 6,545.00 | 6,934.00 | 10,049.00 | 9,468.00 | 6,778.00 | 7,397.00 |
| Other Non-Current Assets | 30,947.00 | 47,065.00 | 23,710.00 | 26,791.00 | 14,729.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 672,800.00 | 1,039,192.00 | 892,390.00 | 880,866.00 | 717,386.00 | 948,002.00 | 680,964.00 | 662,860.00 | 793,029.00 | 2,585,254.00 | 3,504,753.00 | 7,680,323.00 | 6,047,942.00 |
| Current Liabilities | 10,371.00 | 8,373.00 | 7,191.00 | 10,913.00 | 7,474.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payables and Expenses | 10,371.00 | 8,373.00 | 7,191.00 | 6,983.00 | 7,474.00 | 1,800.00 | 2,118.00 | 711.00 | 1,565.00 | 1,358.00 | 1,548.00 | 740.00 | 1,048.00 |
| Account Payables | 1,104.00 | 1,075.00 | 713.00 | 812.00 | 626.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 5,372.00 | 3,635.00 | 4,526.00 | 3,831.00 | 4,128.00 | 1,800.00 | 2,118.00 | 711.00 | 1,565.00 | 1,358.00 | 1,548.00 | 740.00 | 1,048.00 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 3,930.00 | 0.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Liabilities | 662,429.00 | 1,030,819.00 | 885,199.00 | 869,953.00 | 709,912.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 83,928.00 | 128,619.00 | 127,789.00 | 118,134.00 | 96,301.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 578,501.00 | 902,200.00 | 757,410.00 | 751,819.00 | 613,611.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 101,054.00 | 92,458.00 | 85,660.00 | 90,283.00 | 100,625.00 | 113,323.00 | 91,797.00 | 82,365.00 | 94,026.00 | 121,478.00 | 149,506.00 | 154,672.00 | 101,437.00 |
| Shareholders Equity | 47,840.00 | 43,360.00 | 42,004.00 | 41,728.00 | 43,766.00 | 43,753.00 | 41,682.00 | 44,342.00 | 46,739.00 | 52,807.00 | 61,415.00 | 53,511.00 | 43,909.00 |
| Capital Stock | 48.00 | 48.00 | 48.00 | 47.00 | 46.00 | 46.00 | 46.00 | 45.00 | 44.00 | 44.00 | 44.00 | 40.00 | 40.00 |
| Share Premium | 78,088.00 | 77,767.00 | 77,447.00 | 76,704.00 | 76,323.00 | 75,314.00 | 74,594.00 | 73,636.00 | 72,801.00 | 71,980.00 | 72,006.00 | 65,351.00 | 65,031.00 |
| Retained Earnings | -29,381.00 | -33,540.00 | -34,505.00 | -34,016.00 | -31,655.00 | -30,638.00 | -32,014.00 | -28,382.00 | -25,151.00 | -18,297.00 | -9,730.00 | -10,993.00 | -20,341.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -915.00 | -915.00 | -986.00 | -1,007.00 | -948.00 | -969.00 | -944.00 | -957.00 | -955.00 | -920.00 | -905.00 | -887.00 | -821.00 |
| Minority Interest | 53,214.00 | 49,098.00 | 43,656.00 | 48,555.00 | 56,859.00 | 69,570.00 | 50,115.00 | 38,023.00 | 47,287.00 | 68,671.00 | 88,091.00 | 101,161.00 | 57,528.00 |
| Investments | 0 | 0 | 0 | 0 | 0 | 901,622.00 | 603,977.00 | 588,910.00 | 658,449.00 | 2,459,997.00 | 3,447,748.00 | 7,592,988.00 | 5,972,786.00 |
| Debt | 83,928.00 | 128,619.00 | 127,789.00 | 118,134.00 | 96,301.00 | 37,329.00 | 37,932.00 | 39,093.00 | 39,471.00 | 40,323.00 | 54,207.00 | 53,582.00 | 53,631.00 |
| Net Debt | 11,872.00 | 86,301.00 | 97,258.00 | 81,969.00 | 74,235.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 2,035.86 | 2,035.86 | 2,054.67 | 2,040.05 | 1,950.15 | 1,926.84 | 1,893.75 | 1,819.87 | 1,774.34 | 1,718.13 | 1,697.44 | 1,327.04 | 1,325.53 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 | 27,413.10 |
| 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 | 84,213.00 | 59,871.00 | 28,740.00 | 18,541.00 | 31,695.00 | 34,236.00 | 9,110.00 | 15,791.00 | 102,676.00 |
| Cost Of Revenue | 53,684.00 | 44,323.00 | 21,666.00 | 12,935.00 | 17,915.00 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 9,286.00 | 6,864.00 | 20,101.00 | 25,205.00 |
| Interest Expense | 1,472.00 | 1,496.00 | 1,448.00 | 1,474.00 | 1,256.00 | 3,332.00 | 3,184.00 | 2,526.00 | 3,305.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | -1,666.00 | -1,592.00 | -1,351.00 | -2,014.00 |
| Non-Interest Expense | 5,815.00 | 5,549.00 | 4,621.00 | 8,301.00 | 3,723.00 | 0 | 0 | 0 | 0 |
| Gross Profit | 30,529.00 | 15,548.00 | 7,074.00 | 5,606.00 | 13,780.00 | 0 | 0 | 0 | 0 |
| Operating Expenses | 8,769.00 | 8,053.00 | 6,967.00 | 11,109.00 | 6,558.00 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 5,815.00 | 5,549.00 | 4,621.00 | 8,301.00 | 3,723.00 | 3,449.00 | 2,200.00 | 1,996.00 | 1,994.00 |
| Research and Development Expenses | 0 | 0 | 0 | 2,018.00 | 1,567.00 | 0 | 0 | 0 | 0 |
| Other Operating Expenses | 2,771.00 | 2,332.00 | 2,174.00 | 2,645.00 | 2,691.00 | 0 | 0 | 0 | 0 |
| Operating Income | 21,760.00 | 7,495.00 | 107.00 | -5,503.00 | 7,222.00 | -7,794.00 | -19,189.00 | -55,898.00 | 215,378.00 |
| Net Non-Operating Income | 1,897.00 | 837.00 | 0 | 0 | 0 | 83,783.00 | -4,434.00 | -39,086.00 | -6,598.00 |
| EBT | 9,522.00 | 5,399.00 | 1,077.00 | -7,639.00 | 5,283.00 | 75,989.00 | -23,623.00 | -94,984.00 | 208,780.00 |
| Income Tax | 733.00 | 771.00 | 139.00 | -764.00 | 142.00 | 498.00 | 584.00 | 1,833.00 | 868.00 |
| Equity Method Investments Income | 0 | 0 | 0 | 0 | 0 | -203,315.00 | 2,370.00 | 72,616.00 | 3,650.00 |
| Net Income Including Non-Controlling Interests | 8,789.00 | 4,628.00 | 938.00 | -6,875.00 | 5,141.00 | 71,744.00 | -5,080.00 | -91,362.00 | 127,929.00 |
| Net Income Non-Controlling Interests | -4,196.00 | -3,220.00 | -609.00 | 4,922.00 | -2,991.00 | -54,023.00 | 7,223.00 | 97,365.00 | -84,311.00 |
| Net Income | 4,593.00 | 1,408.00 | 329.00 | -1,953.00 | 2,150.00 | 17,721.00 | 2,143.00 | 6,003.00 | 43,618.00 |
| EBIT | 10,994.00 | 6,895.00 | 2,525.00 | -6,165.00 | 6,539.00 | 79,321.00 | -20,439.00 | -92,458.00 | 212,085.00 |
| Deprecation and Amortization | 183.00 | 172.00 | 172.00 | 163.00 | 144.00 | 124.00 | 144.00 | 132.00 | 81.00 |
| EBITDA | 11,177.00 | 7,067.00 | 2,697.00 | -6,002.00 | 6,683.00 | 79,445.00 | -20,295.00 | -92,326.00 | 212,166.00 |
| EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.01 | 0.01 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -0.00 | -0.01 | 0.01 |
| Average Shares Outstanding Basic | 1,740.86 | 1,740.31 | 1,704.51 | 1,631.00 | 1,631.00 | 1,581.39 | 1,489.52 | 1,394.95 | 1,034.29 |
| Average Shares Outstanding Diluted | 6,031.73 | 5,912.75 | 5,808.29 | 5,694.00 | 5,791.00 | 5,645.09 | 5,487.48 | 1,394.95 | 5,053.56 |
| 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 | 22,428.00 | 13,350.00 | -6,372.00 | 4,433.00 | 4,112.00 | 5,137.00 | -27,709.00 | 14,350.00 | -28,150.00 |
| Operating Net Income | 8,789.00 | 4,628.00 | 938.00 | -6,875.00 | 5,141.00 | 23,506.00 | -10,054.00 | -35,166.00 | 66,728.00 |
| Deprecation and Amortization | 183.00 | 172.00 | 172.00 | 163.00 | 144.00 | 124.00 | 144.00 | 132.00 | 81.00 |
| Deferred Income Tax | 436.00 | 398.00 | 85.00 | -572.00 | -55.00 | -59.00 | 389.00 | 1,464.00 | 619.00 |
| Share Based Compensation | 1,081.00 | 1,047.00 | 1,158.00 | 1,212.00 | 1,152.00 | 1,148.00 | 1,089.00 | 1,104.00 | 13,641.00 |
| Change in Working Capital | 20,437.00 | 27,105.00 | -4,005.00 | 10,473.00 | 3,705.00 | 10,063.00 | 6,700.00 | -12,702.00 | -58,662.00 |
| Other Operating Activities | -8,498.00 | -20,000.00 | -4,720.00 | 32.00 | -5,975.00 | -29,645.00 | -25,977.00 | 59,518.00 | -50,557.00 |
| Investing Cash Flow | 7,614.00 | 1,026.00 | 4,189.00 | 5,716.00 | 4,339.00 | -2,856.00 | 2,714.00 | -149.00 | 10,959.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 | -99.00 | -96.00 | -298.00 | -190.00 |
| Net Purchase/Sale of PPE | -253.00 | -413.00 | -157.00 | -460.00 | -315.00 | -99.00 | -96.00 | -298.00 | -190.00 |
| Net Purchase/Sale of Investments Net | 7,601.00 | 4,110.00 | 3,471.00 | 6,171.00 | 4,592.00 | -2,763.00 | 3,545.00 | 3,526.00 | 11,461.00 |
| Net Purchase/Sale of Business | 0 | -2,675.00 | -433.00 | -43.00 | -59.00 | 5.00 | -735.00 | -438.00 | -268.00 |
| Other Investing Activities | 266.00 | 4.00 | 1,308.00 | 48.00 | 121.00 | 100.00 | 96.00 | -2,641.00 | 146.00 |
| Financing Cash Flow | -1,274.00 | -2,811.00 | -3,631.00 | -4,477.00 | -3,900.00 | -999.00 | -556.00 | -2,182.00 | -5,145.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 662.00 |
| Dividends Paid | -434.00 | -878.00 | -383.00 | -408.00 | -408.00 | 245.00 | 215.00 | -1,721.00 | 7.00 |
| Other Financing Activities | -840.00 | 0 | 0 | -4,069.00 | -3,492.00 | -1,244.00 | -771.00 | -461.00 | -5,814.00 |
| Net Change in Cash | 28,768.00 | 11,565.00 | -5,814.00 | 5,672.00 | 4,551.00 | 1,179.00 | -25,460.00 | 11,943.00 | -22,525.00 |
| Cash at Beginning of Period | 25,996.00 | 13,985.00 | 19,590.00 | 14,290.00 | 9,575.00 | 10,650.00 | 29,101.00 | 50,567.00 | 41,996.00 |
| Cash at End of Period | 54,688.00 | 25,996.00 | 13,985.00 | 19,590.00 | 14,290.00 | 11,829.00 | 3,641.00 | 62,510.00 | 19,471.00 |
| Free Cash Flow | 22,175.00 | 12,937.00 | -6,529.00 | 3,973.00 | 3,797.00 | 5,038.00 | -27,805.00 | 14,052.00 | -28,340.00 |