Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 23.72
Price to Sales 5.99
Book Value Per Common Share -4.36 73.56 48.71 54.11 63.92
Price to Book -77.69
Price to Operating Cash Flow 12.27
Price to Free Cash Flow
Enterprise Value to EBITDA 111569.56
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 25.18 44.30 100.79 29.09 39.24 96.42
Price to Sales 6.18 11.09 24.38 7.50 9.89 23.68
Book Value Per Common Share 17.92 14.95 3.43 -4.36 2.34 -3.56 8.01 73.56 65.88 69.91 58.65 48.71 37.89 52.17 58.77 54.11 60.52 69.16 61.34 63.92
Price to Book 16.07 22.19 101.62 -77.69 133.42 -74.78 38.50
Price to Operating Cash Flow 29.51 21.92 -330.70 17.06 21.21 63.23
Price to Free Cash Flow
Enterprise Value to EBITDA 118271.85 215762.29 485079.27 158504.51 209726.81 520891.97

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 6.33 6.34 23.36 22.08
Revenue YoY 5.77 9.65 20.94 18.62
EBITDA YoY 15.33 20.44 18.05 20.47
Net Profit YoY 2.23 2.89 13.68 19.21
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 52.74 116.47 58.32 112.19 59.97 111.30 53.54 122.14 62.36 106.79
Revenue YoY 55.63 109.58 53.86 104.33 52.49 105.20 54.10 109.13 59.21 109.65
EBITDA YoY 57.10 114.35 55.94 108.29 65.05 110.53 56.19 115.25 59.69 112.00
Net Profit YoY 52.70 116.83 57.42 109.51 59.73 111.57 51.84 120.29 61.50 106.52

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 63.36 42.94 30.28 27.43 17.58
Quick Ratio 0.90 0.97 0.93 0.98 0.89
Current Ratio 1.00 1.04 1.01 1.04 1.00
Debt to Equity 4.71 3.72 4.54 3.68 2.34
Long-Term Debt to Equity 1.94 1.64 2.17 1.83 1.15
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 69.81 78.53 62.34 63.51 58.97 50.01 44.62 43.81 31.49 36.79 30.87 31.21 30.15 30.50 26.88 28.53 24.26 24.72 17.15 17.65
Quick Ratio 1.05 1.01 1.02 0.90 0.97 0.94 1.01 0.97 0.94 1.00 0.95 0.93 0.90 1.00 0.96 0.98 0.91 0.97 0.91 0.89
Current Ratio 1.13 1.12 1.10 1.00 1.05 1.02 1.07 1.04 1.02 1.08 1.03 1.01 0.99 1.06 1.01 1.04 0.97 1.06 0.99 1.00
Debt to Equity 3.79 4.15 4.31 4.71 4.66 4.84 3.82 3.72 3.99 3.65 4.06 4.54 5.50 4.47 3.90 3.68 3.24 2.73 2.47 2.34
Long-Term Debt to Equity 1.63 1.72 1.95 1.94 1.98 2.01 1.71 1.64 1.79 1.68 1.91 2.17 2.52 2.08 1.80 1.83 1.45 1.31 1.16 1.15

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 5.59 6.34 6.77 6.26 6.29
ROE 31.91 29.91 37.55 29.29 20.99
Gross Margin
Operating Margin 44.49 46.19 42.03 43.14 42.38
EBITDA Margin 53.55 49.11 44.71 45.81 45.11
Net Profit Margin 25.25 26.13 27.85 29.63 29.48
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 4.08 2.58 1.31 4.30 2.97 1.45 4.76 2.99 1.47 5.03 3.26 1.53 4.57 2.92 1.61
ROE 19.55 13.29 6.96 24.33 17.34 7.00 23.73 13.93 7.45 32.73 17.86 7.50 19.35 10.91 5.59
Gross Margin
Operating Margin 43.69 43.24 41.90 43.74 43.08 42.17 46.45 42.70 41.57 42.02 41.41 40.13 44.23 44.00 43.41
EBITDA Margin 52.01 51.52 50.38 46.76 46.14 45.26 49.36 45.60 44.45 44.65 44.06 42.81 46.97 46.83 46.31
Net Profit Margin 24.55 25.02 24.19 25.77 25.19 24.57 25.74 24.58 23.84 28.66 29.09 27.62 30.25 29.82 30.27

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 17,957,031.00 15,476,252.00 14,089,260.00 13,404,653.00 11,194,579.00
   Current Assets 8,675,869.00 7,084,265.00 6,106,152.00 5,488,048.00 3,956,318.00
      Cash and Short-Term Investments 4,456,345.00 3,141,535.00 2,289,180.00 2,250,695.00 1,476,619.00
            Cash and Cash Equivalents 4,456,345.00 3,141,535.00 2,289,180.00 2,250,695.00 1,476,619.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 3,413,500.00 3,468,586.00 3,351,745.00 2,911,274.00 2,066,775.00
      Inventory 0 0 0 0 0
      Other Current Assets 806,024.00 474,144.00 465,227.00 326,079.00 412,924.00
   Non-Current Assets 9,281,162.00 8,391,987.00 7,983,108.00 7,916,605.00 7,238,261.00
      Property, Plant, Equipment Net 455,703.00 429,733.00 389,296.00 321,071.00 279,309.00
      Goodwill 12,298,534.00 11,672,709.00 10,562,041.00 5,078,978.00 4,719,181.00
      Intangible Assets 2,410,442.00 2,085,663.00 2,130,974.00 2,335,385.00 2,115,882.00
      Long-Term Investments 60,088.00 69,521.00 74,281.00 52,016.00 7,480.00
      Non-Current Deferred Assets 2,873.00 1,400.00 1,348.00 1,934.00 4,851.00
      Other Non-Current Assets -5,946,478.00 -5,867,039.00 -5,174,832.00 127,221.00 111,558.00
Liabilities 14,811,042.00 12,193,893.00 11,547,767.00 10,538,073.00 7,839,168.00
   Current Liabilities 8,707,881.00 6,825,753.00 6,043,455.00 5,290,351.00 3,968,311.00
      Payables and Expenses 2,015,364.00 1,981,113.00 1,920,878.00 1,775,404.00 1,337,159.00
            Account Payables 1,570,426.00 1,624,995.00 1,568,942.00 1,406,350.00 1,054,478.00
            Current Accrued Liabilities 444,938.00 356,118.00 351,936.00 369,054.00 282,681.00
      Short-Term Debt 2,769,974.00 2,126,749.00 2,314,056.00 1,517,628.00 1,205,697.00
      Other Current Liabilities 3,922,543.00 2,717,891.00 1,808,521.00 1,997,319.00 1,425,455.00
   Non-Current Liabilities 6,103,161.00 5,368,140.00 5,504,312.00 5,247,722.00 3,870,857.00
      Long-Term Debt 5,226,106.00 4,596,156.00 4,722,838.00 4,460,039.00 3,126,926.00
      Other Non-Current Liabilities 877,055.00 771,984.00 781,474.00 787,683.00 743,931.00
Equity 3,145,989.00 3,282,359.00 2,541,493.00 2,866,580.00 3,355,411.00
   Shareholders Equity -305,650.00 5,275,619.00 3,573,336.00 4,268,544.00 5,347,664.00
      Capital Stock 131.00 129.00 128.00 127.00 126.00
      Share Premium 3,811,131.00 3,266,185.00 3,049,570.00 2,878,751.00 2,749,900.00
      Retained Earnings 9,196,405.00 8,192,659.00 7,210,769.00 6,256,442.00 5,416,945.00
      Treasury Shares 9,471,329.00 7,574,515.00 7,609,324.00 6,204,124.00 4,389,202.00
      Accumulated Other Comprehensive Income -1,713,996.00 -1,289,099.00 -1,509,650.00 -1,464,616.00 -1,363,158.00
   Minority Interest 23,647.00 0 0 0 0
Investments 60,088.00 69,521.00 74,281.00 52,016.00 7,480.00
Debt 7,996,080.00 6,722,905.00 7,036,894.00 5,977,667.00 4,332,623.00
Net Debt 3,539,735.00 3,581,370.00 4,747,714.00 3,726,972.00 2,856,004.00
Common Shares Outstanding 70,170.02 71,715.80 73,356.71 78,879.55 83,666.16
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 3,974,589.00 3,757,719.00 3,427,129.00 2,833,736.00 2,388,855.00
   Selling, General and Administrative Expenses 2,993,340.00 943,581.00 893,217.00 747,948.00 567,410.00
Operating Income 5,361,471.00 4,970,619.00 4,339,923.00 3,727,668.00 2,916,795.00
Net Non-Operating Income -3,976,358.00 -3,583,614.00 -3,064,263.00 -2,618,860.00 -2,034,270.00
Interest Expense 383,043.00 348,607.00 164,662.00 113,705.00 129,803.00
Net Interest 0 -348,607.00 -164,662.00 -113,705.00 -129,803.00
EBT 1,385,113.00 1,387,005.00 1,275,660.00 1,108,808.00 882,525.00
Income Tax 381,381.00 343,115.00 321,333.00 269,311.00 178,309.00
Equity Method Investments Income -239.00 116.00 -1,382.00 9.00 30,008.00
Net Income Including Non-Controlling Interests 1,003,760.00 0 0 0 0
Net Income Non-Controlling Interests -14.00 0 0 0 0
Net Income 1,003,746.00 981,890.00 954,327.00 839,497.00 704,216.00
EBIT 1,768,156.00 1,735,612.00 1,440,322.00 1,222,513.00 1,012,328.00
Deprecation and Amortization 360,318.00 109,983.00 92,010.00 75,571.00 65,181.00
EBITDA 2,128,474.00 1,845,595.00 1,532,332.00 1,298,084.00 1,077,509.00
EPS 0.01 0.01 0.01 0.01 0.01
Diluted EPS 0.01 0.01 0.01 0.01 0.01
Average Shares Outstanding Basic 70,331.00 73,155.00 75,598.00 82,060.00 84,005.00
Average Shares Outstanding Diluted 71,848.00 74,387.00 76,862.00 84,061.00 86,719.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,940,565.00 2,101,132.00 754,797.00 1,197,063.00 1,472,589.00
   Operating Net Income 3,011,210.00 981,890.00 954,327.00 839,497.00 704,216.00
   Deprecation and Amortization 360,318.00 109,983.00 92,010.00 75,571.00 65,181.00
   Deferred Income Tax -64,718.00 -46,678.00 -33,174.00 11,026.00 -15,112.00
   Share Based Compensation 350,172.00 348,258.00 364,248.00 240,213.00 130,152.00
   Change in Working Capital 878,590.00 834,048.00 584,594.00 938,196.00 -172,292.00
   Other Operating Activities -2,595,007.00 -126,369.00 -1,207,208.00 -907,440.00 760,444.00
Investing Cash Flow -807,477.00 -380,723.00 -368,345.00 -715,931.00 -106,249.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 175,176.00 153,822.00 454,284.00 334,590.00 235,275.00
   Net Purchase/Sale of Investments Net 181,389.00 192,624.00 0 2,281.00 52,963.00
   Net Purchase/Sale of Business 1,636,824.00 428,327.00 216,917.00 602,120.00 80,787.00
   Other Investing Activities -2,800,866.00 -1,155,496.00 -1,039,546.00 -1,654,922.00 -475,274.00
Financing Cash Flow 404,989.00 -898,211.00 -311,228.00 343,928.00 -1,416,801.00
   Net Issuance/Repayment of Debt 964,437.00 323,568.00 8,624,194.00 2,863,951.00 339,043.00
   Net Issuance/Repurchase of Equity 1,716,222.00 800,601.00 1,454,604.00 1,404,503.00 986,707.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -2,275,670.00 -2,022,380.00 -10,390,026.00 -3,924,526.00 -2,742,551.00
Net Change in Cash 1,314,810.00 852,355.00 38,485.00 774,076.00 -198,618.00
   Cash at Beginning of Period 3,141,535.00 2,289,180.00 2,250,695.00 1,476,619.00 1,675,237.00
   Cash at End of Period 4,456,345.00 3,141,535.00 2,289,180.00 2,250,695.00 1,476,619.00
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 19,744,837.00 20,435,226.00 18,547,780.00 17,957,031.00 17,638,411.00 16,196,535.00 15,830,131.00 15,476,252.00 15,264,467.00 15,178,653.00 14,587,923.00 14,089,260.00 14,486,024.00 14,710,215.00 14,221,413.00 13,404,653.00 13,454,383.00 13,026,883.00 11,427,474.00 11,194,579.00
   Current Assets 10,108,154.00 10,759,243.00 9,077,561.00 8,675,869.00 8,780,948.00 7,975,697.00 7,437,366.00 7,084,265.00 6,860,258.00 6,923,569.00 6,358,972.00 6,106,152.00 6,586,068.00 6,823,469.00 6,176,246.00 5,488,048.00 5,524,291.00 5,254,143.00 4,285,373.00 3,956,318.00
      Cash and Short-Term Investments 4,914,393.00 5,531,358.00 4,383,423.00 4,456,345.00 4,155,011.00 3,547,296.00 3,202,676.00 3,141,535.00 2,315,513.00 2,711,235.00 2,269,401.00 2,289,180.00 2,300,880.00 2,356,433.00 2,089,438.00 2,250,695.00 2,008,937.00 2,059,303.00 1,431,522.00 1,476,619.00
            Cash and Cash Equivalents 4,914,393.00 5,531,358.00 4,383,423.00 4,456,345.00 4,155,011.00 3,547,296.00 3,202,676.00 3,141,535.00 2,315,513.00 2,711,235.00 2,269,401.00 2,289,180.00 2,300,880.00 2,356,433.00 2,089,438.00 2,250,695.00 2,008,937.00 2,059,303.00 1,431,522.00 1,476,619.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 4,412,279.00 4,240,292.00 4,015,819.00 3,413,500.00 3,953,473.00 3,821,011.00 3,797,003.00 3,468,586.00 4,051,275.00 3,708,650.00 3,653,235.00 3,351,745.00 3,666,629.00 4,048,585.00 3,740,643.00 2,911,274.00 3,169,523.00 2,787,155.00 2,505,624.00 2,066,775.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 781,482.00 987,593.00 678,319.00 806,024.00 672,464.00 607,390.00 437,687.00 474,144.00 493,470.00 503,684.00 436,336.00 465,227.00 618,559.00 418,451.00 346,165.00 326,079.00 345,831.00 407,685.00 348,227.00 412,924.00
   Non-Current Assets 9,636,683.00 9,675,983.00 9,470,219.00 9,281,162.00 8,857,463.00 8,220,838.00 8,392,765.00 8,391,987.00 8,404,209.00 8,255,084.00 8,228,951.00 7,983,108.00 7,899,956.00 7,886,746.00 8,045,167.00 7,916,605.00 7,930,092.00 7,772,740.00 7,142,101.00 7,238,261.00
      Property, Plant, Equipment Net 453,101.00 434,319.00 401,523.00 455,703.00 378,424.00 357,759.00 351,831.00 429,733.00 329,992.00 329,146.00 310,390.00 389,296.00 272,589.00 260,588.00 254,432.00 321,071.00 220,643.00 216,681.00 200,161.00 279,309.00
      Goodwill 6,337,077.00 6,334,018.00 6,191,687.00 12,298,534.00 5,927,838.00 5,545,966.00 5,751,578.00 11,672,709.00 5,926,025.00 5,652,468.00 5,512,824.00 10,562,041.00 5,173,331.00 5,076,364.00 5,180,832.00 5,078,978.00 5,102,263.00 5,058,174.00 4,693,469.00 4,719,181.00
      Intangible Assets 2,310,995.00 2,372,305.00 2,407,556.00 2,410,442.00 2,152,599.00 1,956,855.00 2,033,106.00 2,085,663.00 2,164,999.00 2,107,081.00 2,197,587.00 2,130,974.00 2,169,232.00 2,220,246.00 2,314,338.00 2,335,385.00 2,369,457.00 2,265,574.00 2,050,919.00 2,115,882.00
      Long-Term Investments 58,679.00 58,319.00 62,674.00 60,088.00 64,606.00 64,039.00 68,299.00 69,521.00 67,964.00 69,721.00 67,587.00 74,281.00 74,349.00 67,067.00 71,062.00 52,016.00 11,857.00 11,857.00 11,857.00 7,480.00
      Non-Current Deferred Assets 0 0 0 2,873.00 0 0 0 1,400.00 0 0 0 1,348.00 0 0 0 1,934.00 0 0 0 4,851.00
      Other Non-Current Assets 476,831.00 477,022.00 406,779.00 -5,946,478.00 333,996.00 296,219.00 187,951.00 -5,867,039.00 -84,771.00 96,668.00 140,563.00 -5,174,832.00 210,455.00 262,481.00 224,503.00 127,221.00 225,872.00 220,454.00 185,695.00 111,558.00
Liabilities 15,625,705.00 16,468,047.00 15,053,698.00 14,811,042.00 14,524,273.00 13,420,942.00 12,547,861.00 12,193,893.00 12,205,016.00 11,915,217.00 11,706,063.00 11,547,767.00 12,258,972.00 12,022,546.00 11,316,997.00 10,538,073.00 10,279,398.00 9,538,036.00 8,130,975.00 7,839,168.00
   Current Liabilities 8,912,270.00 9,639,769.00 8,236,670.00 8,707,881.00 8,349,672.00 7,842,547.00 6,950,928.00 6,825,753.00 6,738,219.00 6,435,890.00 6,203,545.00 6,043,455.00 6,638,165.00 6,431,895.00 6,091,928.00 5,290,351.00 5,666,270.00 4,980,418.00 4,313,978.00 3,968,311.00
      Payables and Expenses 2,500,144.00 2,424,735.00 2,224,096.00 2,015,364.00 2,260,296.00 2,270,662.00 2,258,619.00 1,981,113.00 2,288,719.00 2,072,354.00 2,312,783.00 1,920,878.00 2,083,941.00 2,363,263.00 2,333,424.00 1,775,404.00 2,053,976.00 1,868,386.00 1,627,646.00 1,337,159.00
            Account Payables 1,966,464.00 1,974,528.00 1,811,737.00 1,570,426.00 1,825,725.00 1,902,909.00 1,849,958.00 1,624,995.00 1,895,280.00 1,679,702.00 1,907,841.00 1,568,942.00 1,693,988.00 2,014,962.00 1,957,054.00 1,406,350.00 1,726,705.00 1,578,266.00 1,348,983.00 1,054,478.00
            Current Accrued Liabilities 533,680.00 450,207.00 412,359.00 444,938.00 434,571.00 367,753.00 408,661.00 356,118.00 393,439.00 392,652.00 404,942.00 351,936.00 389,953.00 348,301.00 376,370.00 369,054.00 327,271.00 290,120.00 278,663.00 282,681.00
      Short-Term Debt 2,301,280.00 2,248,617.00 2,254,918.00 2,769,974.00 2,491,148.00 2,515,744.00 1,901,433.00 2,126,749.00 2,345,803.00 2,071,231.00 2,097,066.00 2,314,056.00 2,476,088.00 2,108,108.00 1,926,983.00 1,517,628.00 1,901,397.00 1,346,080.00 1,364,165.00 1,205,697.00
      Other Current Liabilities 4,110,846.00 4,966,417.00 3,757,656.00 3,922,543.00 3,598,228.00 3,056,141.00 2,790,876.00 2,717,891.00 2,103,697.00 2,292,305.00 1,793,696.00 1,808,521.00 2,078,136.00 1,960,524.00 1,831,521.00 1,997,319.00 1,710,897.00 1,765,952.00 1,322,167.00 1,425,455.00
   Non-Current Liabilities 6,713,435.00 6,828,278.00 6,817,028.00 6,103,161.00 6,174,601.00 5,578,395.00 5,596,933.00 5,368,140.00 5,466,797.00 5,479,327.00 5,502,518.00 5,504,312.00 5,620,807.00 5,590,651.00 5,225,069.00 5,247,722.00 4,613,128.00 4,557,618.00 3,816,997.00 3,870,857.00
      Long-Term Debt 5,821,672.00 5,869,083.00 5,916,485.00 5,226,106.00 5,271,596.00 4,817,634.00 4,862,621.00 4,596,156.00 4,637,211.00 4,678,258.00 4,700,550.00 4,722,838.00 4,745,122.00 4,767,545.00 4,416,356.00 4,460,039.00 3,789,981.00 3,732,701.00 3,081,955.00 3,126,926.00
      Other Non-Current Liabilities 891,763.00 959,195.00 900,543.00 877,055.00 903,005.00 760,761.00 734,312.00 771,984.00 829,586.00 801,069.00 801,968.00 781,474.00 875,685.00 823,106.00 808,713.00 787,683.00 823,147.00 824,917.00 735,042.00 743,931.00
Equity 4,119,132.00 3,967,179.00 3,494,082.00 3,145,989.00 3,114,138.00 2,775,593.00 3,282,270.00 3,282,359.00 3,059,451.00 3,263,436.00 2,881,860.00 2,541,493.00 2,227,052.00 2,687,669.00 2,904,416.00 2,866,580.00 3,174,985.00 3,488,847.00 3,296,499.00 3,355,411.00
   Shareholders Equity 1,255,389.00 1,055,801.00 241,832.00 -305,650.00 163,335.00 -247,265.00 572,727.00 5,275,619.00 4,756,968.00 5,169,609.00 4,329,704.00 3,573,336.00 2,793,659.00 3,961,505.00 4,545,395.00 4,268,544.00 4,913,926.00 5,712,517.00 5,111,979.00 5,347,664.00
      Capital Stock 132.00 132.00 132.00 131.00 130.00 130.00 130.00 129.00 129.00 128.00 128.00 128.00 128.00 128.00 127.00 127.00 127.00 127.00 127.00 126.00
      Share Premium 3,937,515.00 3,902,867.00 3,850,115.00 3,811,131.00 3,531,445.00 3,418,512.00 3,382,001.00 3,266,185.00 3,227,476.00 3,176,562.00 3,109,065.00 3,049,570.00 3,001,687.00 2,964,235.00 2,920,192.00 2,878,751.00 2,850,143.00 2,821,453.00 2,794,991.00 2,749,900.00
      Retained Earnings 10,001,747.00 9,723,806.00 9,439,638.00 9,196,405.00 8,950,450.00 8,674,053.00 8,422,428.00 8,192,659.00 7,936,802.00 7,665,306.00 7,425,604.00 7,210,769.00 6,985,450.00 6,736,565.00 6,474,394.00 6,256,442.00 6,031,438.00 5,797,431.00 5,601,184.00 5,416,945.00
      Treasury Shares 8,453,552.00 8,261,846.00 8,230,047.00 9,471,329.00 7,932,768.00 7,843,005.00 7,209,291.00 7,574,515.00 6,743,022.00 6,221,297.00 6,218,921.00 7,609,324.00 6,099,768.00 5,599,426.00 5,226,860.00 6,204,124.00 4,270,679.00 3,864,987.00 3,618,784.00 4,389,202.00
      Accumulated Other Comprehensive Income -1,410,151.00 -1,436,386.00 -1,606,002.00 -1,713,996.00 -1,461,974.00 -1,498,985.00 -1,340,847.00 -1,289,099.00 -1,361,934.00 -1,357,263.00 -1,434,016.00 -1,509,650.00 -1,660,445.00 -1,413,833.00 -1,263,437.00 -1,464,616.00 -1,436,044.00 -1,265,177.00 -1,481,019.00 -1,363,158.00
   Minority Interest 43,441.00 38,606.00 40,246.00 23,647.00 26,855.00 24,888.00 27,849.00 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 58,679.00 58,319.00 62,674.00 60,088.00 64,606.00 64,039.00 68,299.00 69,521.00 67,964.00 69,721.00 67,587.00 74,281.00 74,349.00 67,067.00 71,062.00 52,016.00 11,857.00 11,857.00 11,857.00 7,480.00
Debt 8,122,952.00 8,117,700.00 8,171,403.00 7,996,080.00 7,762,744.00 7,333,378.00 6,764,054.00 6,722,905.00 6,983,014.00 6,749,489.00 6,797,616.00 7,036,894.00 7,221,210.00 6,875,653.00 6,343,339.00 5,977,667.00 5,691,378.00 5,078,781.00 4,446,120.00 4,332,623.00
Net Debt 3,208,559.00 2,586,342.00 3,787,980.00 3,539,735.00 3,607,733.00 3,786,082.00 3,561,378.00 3,581,370.00 4,667,501.00 4,038,254.00 4,528,215.00 4,747,714.00 4,920,330.00 4,519,220.00 4,253,901.00 3,726,972.00 3,682,441.00 3,019,478.00 3,014,598.00 2,856,004.00
Common Shares Outstanding 70,042.46 70,610.23 70,471.59 70,170.02 69,676.92 69,408.93 71,463.89 71,715.80 72,203.01 73,950.98 73,819.83 73,356.71 73,727.24 75,934.30 77,339.05 78,879.55 81,197.85 82,595.09 83,336.48 83,666.16
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
Revenues 3,280,200.00 2,107,700.00 1,005,700.00 -1,811,781.00 2,940,158.00 1,910,961.00 935,251.00 -1,813,520.00 2,820,399.00 1,849,507.00 901,333.00 -1,556,150.00 2,543,519.00 1,650,519.00 789,241.00 -1,082,372.00 2,031,481.00 1,276,004.00 608,623.00
   Selling, General and Administrative Expenses 2,560,578.00 1,671,861.00 793,548.00 1,511,529.00 742,090.00 494,271.00 245,450.00 -490,576.00 715,837.00 482,044.00 236,276.00 -444,855.00 670,480.00 447,181.00 220,411.00 -282,839.00 531,666.00 338,677.00 160,444.00
Operating Income 4,288,902.00 2,719,542.00 1,281,372.00 -2,219,001.00 3,896,427.00 2,492,031.00 1,192,014.00 2,574,757.00 1,232,822.00 787,845.00 375,195.00 2,256,630.00 1,077,371.00 688,201.00 317,721.00 1,995,862.00 902,264.00 563,577.00 265,965.00
Net Non-Operating Income -3,146,599.00 -1,998,941.00 -953,861.00 1,661,557.00 -2,898,652.00 -1,852,539.00 -886,724.00 -3,157,518.00 -179,314.00 -166,431.00 -80,351.00 -2,892,184.00 -99,150.00 -49,878.00 -23,051.00 -2,427,254.00 -95,943.00 -65,378.00 -30,285.00
Interest Expense 290,829.00 190,794.00 93,922.00 -178,016.00 288,206.00 183,765.00 89,088.00 -156,035.00 256,566.00 168,281.00 79,795.00 7,022.00 90,510.00 45,100.00 22,030.00 -70,351.00 92,269.00 63,236.00 28,551.00
Net Interest 0 0 0 0 0 0 -89,088.00 156,035.00 -256,566.00 -168,281.00 -79,795.00 -7,022.00 -90,510.00 -45,100.00 -22,030.00 70,351.00 -92,269.00 -63,236.00 -28,551.00
EBT 1,142,303.00 720,601.00 327,511.00 -557,444.00 997,775.00 639,492.00 305,290.00 -582,761.00 1,053,508.00 621,414.00 294,844.00 -635,554.00 978,221.00 638,323.00 294,670.00 -431,392.00 806,321.00 498,199.00 235,680.00
Income Tax 335,971.00 192,648.00 83,636.00 -92,179.00 240,047.00 158,026.00 75,487.00 -169,246.00 265,475.00 166,877.00 80,009.00 -162,798.00 249,213.00 158,200.00 76,718.00 -91,671.00 191,828.00 117,713.00 51,441.00
Equity Method Investments Income 0 0 0 -343.00 -266.00 203.00 167.00 -388.00 142.00 172.00 190.00 -366.00 -519.00 -345.00 -152.00 -18.00 9.00 9.00 9.00
Net Income Including Non-Controlling Interests 804,352.00 526,849.00 242,591.00 -465,151.00 757,854.00 481,322.00 229,735.00 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests 990.00 552.00 642.00 -57.00 -63.00 72.00 34.00 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 805,342.00 527,401.00 243,233.00 -465,208.00 757,791.00 481,394.00 229,769.00 -413,515.00 726,033.00 454,537.00 214,835.00 -472,756.00 729,008.00 480,123.00 217,952.00 -339,721.00 614,493.00 380,486.00 184,239.00
EBIT 1,433,132.00 911,395.00 421,433.00 -735,460.00 1,285,981.00 823,257.00 394,378.00 -738,796.00 1,310,074.00 789,695.00 374,639.00 -628,532.00 1,068,731.00 683,423.00 316,700.00 -501,743.00 898,590.00 561,435.00 264,231.00
Deprecation and Amortization 272,832.00 174,529.00 85,190.00 184,042.00 88,902.00 58,443.00 28,931.00 -51,764.00 82,028.00 53,739.00 25,980.00 -39,979.00 67,066.00 43,783.00 21,140.00 -33,752.00 55,605.00 36,094.00 17,624.00
EBITDA 1,705,964.00 1,085,924.00 506,623.00 -551,418.00 1,374,883.00 881,700.00 423,309.00 -790,560.00 1,392,102.00 843,434.00 400,619.00 -668,511.00 1,135,797.00 727,206.00 337,840.00 -535,495.00 954,195.00 597,529.00 281,855.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.00 0.00
Diluted EPS 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.00
Average Shares Outstanding Basic 70,393.00 70,432.00 70,316.00 68,161.00 70,460.00 70,934.00 71,769.00 71,871.00 73,523.00 73,705.00 73,521.00 71,094.00 76,311.00 77,250.00 77,737.00 78,647.00 82,811.00 83,307.00 83,475.00
Average Shares Outstanding Diluted 71,373.00 71,494.00 71,558.00 69,355.00 71,976.00 72,516.00 73,545.00 73,569.00 74,733.00 74,763.00 74,483.00 71,713.00 77,687.00 78,762.00 79,286.00 80,035.00 84,917.00 85,528.00 85,764.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow 687,163.00 1,066,096.00 -74,151.00 -592,617.00 1,291,893.00 891,105.00 350,184.00 42,918.00 903,869.00 826,680.00 327,665.00 386,590.00 438,607.00 41,853.00 -112,253.00 163,230.00 599,541.00 356,442.00 77,850.00
   Operating Net Income 806,332.00 527,953.00 730,983.00 1,082,641.00 757,728.00 481,466.00 689,375.00 -413,515.00 726,033.00 454,537.00 214,835.00 -472,756.00 729,008.00 480,123.00 217,952.00 -339,721.00 614,493.00 380,486.00 184,239.00
   Deprecation and Amortization 272,832.00 174,529.00 85,190.00 184,042.00 88,902.00 58,443.00 28,931.00 -51,764.00 82,028.00 53,739.00 25,980.00 -39,979.00 67,066.00 43,783.00 21,140.00 -33,752.00 55,605.00 36,094.00 17,624.00
   Deferred Income Tax -38,503.00 -25,499.00 -7,983.00 -36,705.00 -18,985.00 -9,675.00 647.00 -15,469.00 -18,911.00 -11,799.00 -499.00 -16,223.00 -7,987.00 -10,864.00 1,900.00 -26,109.00 16,246.00 12,897.00 7,992.00
   Share Based Compensation 224,478.00 141,702.00 55,098.00 -122,805.00 241,779.00 156,261.00 74,937.00 171,401.00 89,917.00 60,844.00 26,096.00 164,141.00 100,828.00 66,648.00 32,631.00 134,749.00 52,085.00 35,632.00 17,747.00
   Change in Working Capital 1,523,752.00 1,869,830.00 707,882.00 -2,708,121.00 1,456,948.00 1,315,174.00 814,589.00 -31,538.00 1,098,679.00 621,394.00 -854,487.00 -4,665,298.00 1,997,509.00 2,019,292.00 1,233,091.00 -1,865,913.00 1,280,883.00 915,649.00 607,577.00
   Other Operating Activities -2,101,728.00 -1,622,419.00 -1,645,321.00 1,008,331.00 -1,234,479.00 -1,110,564.00 -1,258,295.00 383,803.00 -1,073,877.00 -352,035.00 915,740.00 5,416,705.00 -2,447,817.00 -2,557,129.00 -1,618,967.00 2,293,976.00 -1,419,771.00 -1,024,316.00 -757,329.00
Investing Cash Flow -282,922.00 -222,640.00 -183,918.00 -180,281.00 -378,239.00 -146,613.00 -102,344.00 325,165.00 -345,646.00 -201,215.00 -159,027.00 67,027.00 -267,748.00 -100,373.00 -67,251.00 132,141.00 -621,788.00 -163,040.00 -63,244.00
   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 148,315.00 97,407.00 44,771.00 -82,373.00 131,067.00 85,289.00 41,193.00 -78,995.00 117,158.00 78,922.00 36,737.00 248,637.00 107,631.00 66,629.00 31,387.00 194,844.00 74,455.00 45,765.00 19,526.00
   Net Purchase/Sale of Investments Net 9,645.00 271.00 -14,572.00 173,657.00 1,453.00 1,453.00 4,826.00 205,827.00 -4,401.00 -4,401.00 -4,401.00 0 0 0 0 -2,281.00 2,281.00 2,281.00 0
   Net Purchase/Sale of Business 154,648.00 154,648.00 153,719.00 1,274,909.00 245,719.00 59,871.00 56,325.00 -451,997.00 626,939.00 126,694.00 126,691.00 -12,808.00 160,117.00 33,744.00 35,864.00 -101,662.00 545,052.00 114,994.00 43,736.00
   Other Investing Activities -595,530.00 -474,966.00 -367,836.00 -1,546,474.00 -756,478.00 -293,226.00 -204,688.00 650,330.00 -1,085,342.00 -402,430.00 -318,054.00 -168,802.00 -535,496.00 -200,746.00 -134,502.00 41,240.00 -1,243,576.00 -326,080.00 -126,506.00
Financing Cash Flow -102,285.00 78,355.00 142,297.00 626,542.00 176,236.00 -239,238.00 -158,551.00 62,774.00 -501,459.00 -241,811.00 -217,715.00 -343,676.00 -40,123.00 122,392.00 -49,821.00 -577,391.00 579,225.00 358,673.00 -16,579.00
   Net Issuance/Repayment of Debt 898,547.00 872,570.00 799,285.00 -354,393.00 776,912.00 266,816.00 275,102.00 -27,451,624.00 13,516,223.00 9,470,750.00 4,788,219.00 -14,792,262.00 13,796,694.00 8,683,194.00 936,568.00 -4,145,995.00 3,602,338.00 2,649,258.00 758,350.00
   Net Issuance/Repurchase of Equity 345,601.00 146,839.00 90,797.00 -934,680.00 1,223,916.00 1,047,315.00 379,671.00 31,372.00 648,112.00 78,121.00 42,996.00 -1,108,834.00 1,317,753.00 814,139.00 431,546.00 -107,825.00 870,436.00 452,506.00 189,386.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -1,346,433.00 -941,054.00 -747,785.00 1,915,615.00 -1,824,592.00 -1,553,369.00 -813,324.00 27,483,026.00 -14,665,794.00 -9,790,682.00 -5,048,930.00 15,557,420.00 -15,154,570.00 -9,374,941.00 -1,417,935.00 3,676,429.00 -3,893,549.00 -2,743,091.00 -964,315.00
Net Change in Cash 458,048.00 1,075,013.00 -72,922.00 -165,568.00 1,013,476.00 405,761.00 61,141.00 423,746.00 26,333.00 422,055.00 -19,779.00 43,819.00 50,185.00 105,738.00 -161,257.00 -295,829.00 532,318.00 582,684.00 -45,097.00
   Cash at Beginning of Period 4,456,345.00 4,456,345.00 4,456,345.00 4,621,913.00 3,141,535.00 3,141,535.00 3,141,535.00 2,717,789.00 2,289,180.00 2,289,180.00 2,289,180.00 2,245,361.00 2,250,695.00 2,250,695.00 2,250,695.00 2,546,524.00 1,476,619.00 1,476,619.00 1,476,619.00
   Cash at End of Period 4,914,393.00 5,531,358.00 4,383,423.00 4,456,345.00 4,155,011.00 3,547,296.00 3,202,676.00 3,141,535.00 2,315,513.00 2,711,235.00 2,269,401.00 2,289,180.00 2,300,880.00 2,356,433.00 2,089,438.00 2,250,695.00 2,008,937.00 2,059,303.00 1,431,522.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0