CRTO

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 19.39 26.65 173.73 17.59 17.38
Price to Sales 1.12 0.73 0.78 1.05 0.60
Book Value Per Common Share 18.17 17.65 16.57 17.65 16.86
Price to Book 2.18 1.43 1.57 2.20 1.22
Price to Operating Cash Flow 8.40 6.34 6.11 10.68 6.74
Price to Free Cash Flow
Enterprise Value to EBITDA 61602.10 76262.84 116329.97 67617.81 48561.43
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 31.39 21.59 50.59 54.38 60.84 269.77 -208.57 -129.77 -150.02 -245.73 -110.91 80.12 36.65 74.15 93.86
Price to Sales 2.53 1.37 4.23 1.60 2.25 4.30 1.19 2.07 3.98 1.12 1.47 3.24 1.39 2.51 3.90
Book Value Per Common Share 21.52 18.82 18.40 18.17 17.77 17.66 17.02 17.65 15.87 15.98 16.07 16.57 16.12 16.40 17.73 17.65 16.83 16.85 16.71 16.86
Price to Book 1.05 1.27 1.92 2.18 2.26 2.14 2.06 1.43 1.84 2.11 1.96 1.57 1.68 1.49 1.54 2.20 2.18 2.68 2.08 1.22
Price to Operating Cash Flow 13.26 21.02 30.66 24.88 66.39 137.96 26.07 43.72 42.24 12.51 16.60 22.08 14.38 26.47 27.27
Price to Free Cash Flow 17.83
Enterprise Value to EBITDA 133502.03

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 114.74 533.33 -93.21 87.29
Revenue YoY -0.83 -3.35 -10.52 8.76
EBITDA YoY 82.61 43.33 -62.59 35.31
Net Profit YoY 109.49 494.94 -93.34 87.58
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 -35.14 58.57 699900.00 19.35 376.92 64900.00 63.93 64.86
Revenue YoY -49.72 106.92 49.81 104.72 51.34 105.37 44.44 96.97 46.56 101.89
EBITDA YoY
Net Profit YoY -36.16 56.03 28.05 18.24 372.54 -91.72 45.50 63.10 66.07

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 11.09 7.43 6.64 9.32 8.02
Quick Ratio 1.35 1.01 1.03 1.71 1.60
Current Ratio 1.17 1.15 1.17 1.88 1.77
Debt to Equity 1.10 1.19 1.17 0.66 0.61
Long-Term Debt to Equity 0.13 0.13 0.17 0.09 0.09
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 5.30 4.18 5.80 10.53 9.40 9.56 11.24 6.82 5.18 5.69 7.14 6.30 5.66 9.47 10.22 8.59 8.95 8.95 8.85 7.36
Quick Ratio 1.26 1.07 1.08 1.35 1.19 1.21 1.24 1.01 0.95 0.94 0.95 1.03 1.06 1.60 1.80 1.71 1.79 1.76 1.71 1.60
Current Ratio 1.33 1.23 1.22 1.17 1.17 1.19 1.16 1.15 1.12 1.12 1.13 1.17 1.21 1.79 2.01 1.88 1.99 1.96 1.90 1.77
Debt to Equity 0.76 0.88 0.93 1.10 1.03 1.02 1.06 1.19 1.07 1.04 1.09 1.17 0.97 0.69 0.59 0.66 0.58 0.59 0.56 0.61
Long-Term Debt to Equity 0.12 0.14 0.13 0.13 0.14 0.13 0.13 0.13 0.14 0.13 0.14 0.17 0.17 0.08 0.08 0.09 0.10 0.11 0.07 0.09

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 4.92 2.19 0.38 6.78 3.87
ROE 10.32 4.79 0.83 11.22 6.22
Gross Margin 50.84 44.27 39.42 34.69 33.20
Operating Margin 16.08 7.78 4.27 13.88 10.45
EBITDA Margin 19.18 10.42 7.02 16.80 13.50
Net Profit Margin 5.77 2.73 0.44 5.96 3.46
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 1.83 2.80 1.78 1.83 1.58 0.33 -0.36 -0.69 -0.54 -0.30 -0.70 1.07 3.34 2.02 1.26
ROE 3.23 5.25 3.45 3.73 3.19 0.68 -0.75 -1.41 -1.12 -0.60 -1.17 1.71 5.27 3.21 1.96
Gross Margin 54.61 53.04 52.49 49.41 48.85 48.27 42.40 41.72 40.79 37.77 36.69 36.04 33.58 33.10 33.03
Operating Margin 11.14 8.59 11.28 4.28 5.32 2.66 -0.55 -1.80 -3.64 0.07 -0.74 6.31 5.39 4.92 6.29
EBITDA Margin 18.94
Net Profit Margin 8.04 6.34 8.40 2.93 3.72 1.61 -0.56 -1.61 -2.65 -0.44 -1.30 4.03 3.79 3.41 4.14

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 2,266,449.00 2,431,919.00 2,348,894.00 1,983,591.00 1,853,410.00
   Current Assets 1,224,114.00 1,352,562.00 1,260,996.00 1,264,168.00 1,064,550.00
      Cash and Short-Term Investments 607,878.00 417,311.00 398,298.00 565,826.00 488,011.00
            Cash and Cash Equivalents 581,636.00 411,341.00 373,200.00 515,527.00 488,011.00
            Short-Term Investments 26,242.00 5,970.00 25,098.00 50,299.00 0
      Net Receivables 800,859.00 775,589.00 708,949.00 581,988.00 474,055.00
      Inventory 0 0 0 0 0
      Other Current Assets -184,623.00 159,662.00 153,749.00 116,354.00 102,484.00
   Non-Current Assets 1,042,335.00 1,079,357.00 1,087,898.00 719,423.00 788,860.00
      Property, Plant, Equipment Net 206,690.00 238,981.00 233,383.00 260,218.00 303,517.00
      Goodwill 515,188.00 524,197.00 1,030,279.00 329,699.00 325,805.00
      Intangible Assets 158,384.00 180,888.00 175,983.00 82,627.00 79,744.00
      Long-Term Investments 15,584.00 16,575.00 0 5,000.00 56,809.00
      Non-Current Deferred Assets 81,006.00 52,680.00 31,646.00 35,443.00 19,876.00
      Other Non-Current Assets 65,483.00 66,036.00 -383,393.00 6,436.00 3,109.00
Liabilities 1,185,352.00 1,320,528.00 1,267,788.00 785,271.00 700,723.00
   Current Liabilities 1,046,600.00 1,180,487.00 1,079,993.00 672,548.00 600,331.00
      Payables and Expenses 965,762.00 1,035,681.00 899,555.00 595,258.00 513,414.00
            Account Payables 802,524.00 838,522.00 742,918.00 430,245.00 367,025.00
            Current Accrued Liabilities 163,238.00 197,159.00 156,637.00 165,013.00 146,389.00
      Short-Term Debt 25,812.00 35,398.00 31,003.00 34,066.00 48,388.00
      Other Current Liabilities 55,026.00 109,408.00 149,435.00 43,224.00 38,529.00
   Non-Current Liabilities 138,752.00 140,041.00 187,795.00 112,723.00 100,392.00
      Long-Term Debt 77,584.00 83,051.00 77,536.00 93,893.00 83,007.00
      Other Non-Current Liabilities 61,168.00 56,990.00 110,259.00 18,830.00 17,385.00
Equity 1,081,097.00 1,111,391.00 1,081,106.00 1,198,320.00 1,152,687.00
   Shareholders Equity 1,049,189.00 1,079,605.00 1,048,041.00 1,163,131.00 1,117,142.00
      Capital Stock 1,931.00 2,023.00 2,079.00 2,149.00 2,161.00
      Share Premium 709,580.00 769,240.00 734,492.00 731,248.00 693,164.00
      Retained Earnings 571,744.00 555,456.00 577,653.00 601,588.00 491,359.00
      Treasury Shares 125,298.00 161,788.00 174,293.00 131,560.00 85,570.00
      Accumulated Other Comprehensive Income -108,768.00 -85,326.00 -91,890.00 -40,294.00 16,028.00
   Minority Interest 31,908.00 31,786.00 33,065.00 35,189.00 35,545.00
Investments 41,826.00 22,545.00 25,098.00 55,299.00 56,809.00
Debt 103,396.00 118,449.00 108,539.00 127,959.00 131,395.00
Common Shares Outstanding 57,744.84 61,165.66 63,248.73 65,883.35 66,272.11
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 1,933,289.00 1,949,445.00 2,017,003.00 2,254,235.00 2,072,617.00
Cost Of Revenue 950,318.00 1,086,401.00 1,221,803.00 1,472,291.00 1,384,599.00
Gross Profit 982,971.00 863,044.00 795,200.00 781,944.00 688,018.00
Operating Expenses 831,569.00 785,826.00 770,922.00 630,067.00 579,193.00
   Selling, General and Administrative Expenses 552,228.00 543,537.00 583,326.00 956,500.00 893,360.00
   Research and Development Expenses 279,341.00 242,289.00 187,596.00 151,817.00 132,513.00
   Other Operating Expenses 0.00 0.00 0.00 -478,250.00 -446,680.00
Operating Income 151,402.00 77,218.00 24,278.00 151,877.00 108,825.00
Net Non-Operating Income 157,595.00 72,210.00 59,783.00 158,739.00 104,961.00
Interest Income 11,892.00 6,922.00 3,957.00 2,905.00 3,928.00
Interest Expense 1,824.00 2,244.00 2,025.00 2,271.00 2,811.00
Net Interest 10,068.00 4,678.00 1,932.00 634.00 1,117.00
EBT 308,997.00 149,428.00 84,061.00 310,616.00 213,786.00
Income Tax 39,784.00 20,084.00 31,186.00 16,169.00 32,197.00
Net Income Including Non-Controlling Interests 108,429.00 51,874.00 7,029.00 131,265.00 68,669.00
Net Income Non-Controlling Interests 3,142.00 1,385.00 1,923.00 3,191.00 3,010.00
Net Income 111,571.00 53,259.00 8,952.00 134,456.00 71,679.00
EBIT 310,821.00 151,672.00 86,086.00 312,887.00 216,597.00
Deprecation and Amortization 60,000.00 51,400.00 55,600.00 65,836.00 63,297.00
EBITDA 370,821.00 203,072.00 141,686.00 378,723.00 279,894.00
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 54,817.14 56,170.66 60,004.71 60,717.45 60,876.48
Average Shares Outstanding Diluted 58,605.53 60,231.63 62,760.20 64,231.64 61,818.59
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 258,161.00 224,246.00 255,985.00 220,913.00 185,356.00
   Operating Net Income 340,997.00 162,547.00 30,702.00 409,750.00 221,057.00
   Deprecation and Amortization 60,000.00 51,400.00 55,600.00 65,836.00 63,297.00
   Deferred Income Tax -76,854.00 -69,541.00 14,036.00 -37,284.00 3,720.00
   Share Based Compensation 106,613.00 97,185.00 65,034.00 44,528.00 28,770.00
   Change in Working Capital 38,570.00 130,342.00 112,446.00 312,029.00 28,054.00
   Other Operating Activities -211,165.00 -147,687.00 -21,833.00 -573,946.00 -159,542.00
Investing Cash Flow -97,901.00 -108,712.00 -166,119.00 -76,367.00 -101,093.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 79,588.00 0 0 0 0
   Net Purchase/Sale of Investments Net 5,950.00 0 0 0 0
   Net Purchase/Sale of Business 527.00 15,672.00 138,027.00 10,419.00 1,176.00
   Other Investing Activities -183,966.00 -124,384.00 -304,146.00 -86,786.00 -102,269.00
Financing Cash Flow -270,499.00 -147,254.00 -113,044.00 -80,117.00 -57,747.00
   Net Issuance/Repayment of Debt 0 0 78,513.00 1,249.00 320,532.00
   Net Issuance/Repurchase of Equity 229,145.00 127,434.00 136,713.00 125,223.00 45,382.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -499,644.00 -274,688.00 -328,270.00 -206,589.00 -423,661.00
Net Change in Cash -120,398.00 -36,943.00 -67,327.00 27,516.00 69,248.00
   Cash at Beginning of Period 411,341.00 448,200.00 515,527.00 488,011.00 418,763.00
   Cash at End of Period 290,943.00 411,257.00 448,200.00 515,527.00 488,011.00
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 2,062,286.00 2,114,135.00 2,127,945.00 2,266,449.00 2,208,360.00 2,167,866.00 2,206,250.00 2,431,919.00 2,140,643.00 2,128,367.00 2,191,487.00 2,348,894.00 2,122,570.00 1,870,844.00 1,915,340.00 1,983,591.00 1,814,493.00 1,842,442.00 1,782,635.00 1,853,410.00
   Current Assets 1,005,660.00 1,025,996.00 1,083,938.00 1,224,114.00 1,140,317.00 1,139,086.00 1,158,437.00 1,352,562.00 1,074,943.00 1,058,601.00 1,125,149.00 1,260,996.00 1,045,021.00 1,190,925.00 1,228,826.00 1,264,168.00 1,095,937.00 1,088,457.00 1,059,492.00 1,064,550.00
      Cash and Short-Term Investments 278,760.00 223,587.00 313,151.00 607,878.00 515,740.00 524,877.00 619,950.00 417,311.00 290,948.00 319,334.00 401,831.00 398,298.00 342,323.00 572,546.00 620,730.00 565,826.00 543,769.00 542,992.00 537,646.00 488,011.00
            Cash and Cash Equivalents 255,014.00 205,703.00 285,850.00 581,636.00 492,730.00 508,397.00 608,724.00 411,341.00 269,857.00 298,183.00 380,663.00 373,200.00 332,323.00 562,546.00 589,343.00 515,527.00 497,458.00 489,521.00 520,060.00 488,011.00
            Short-Term Investments 23,746.00 17,884.00 27,301.00 26,242.00 23,010.00 16,480.00 11,226.00 5,970.00 21,091.00 21,151.00 21,168.00 25,098.00 10,000.00 10,000.00 31,387.00 50,299.00 46,311.00 53,471.00 17,586.00 0
      Net Receivables 669,601.00 667,763.00 647,109.00 800,859.00 646,283.00 632,749.00 610,676.00 775,589.00 624,562.00 573,463.00 545,840.00 708,949.00 576,082.00 490,643.00 479,636.00 581,988.00 439,493.00 438,703.00 416,910.00 474,055.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 57,299.00 134,646.00 123,678.00 -184,623.00 -21,706.00 -18,540.00 -72,189.00 159,662.00 159,433.00 165,804.00 177,478.00 153,749.00 126,616.00 127,736.00 128,460.00 116,354.00 112,675.00 106,762.00 104,936.00 102,484.00
   Non-Current Assets 1,056,626.00 1,088,139.00 1,044,007.00 1,042,335.00 1,068,043.00 1,028,780.00 1,047,813.00 1,079,357.00 1,065,700.00 1,069,766.00 1,066,338.00 1,087,898.00 1,077,549.00 679,919.00 686,514.00 719,423.00 718,556.00 753,985.00 723,143.00 788,860.00
      Property, Plant, Equipment Net 235,808.00 240,205.00 206,411.00 206,690.00 227,216.00 219,393.00 223,563.00 238,981.00 246,419.00 244,695.00 253,960.00 233,383.00 216,475.00 232,696.00 239,948.00 260,218.00 267,385.00 292,075.00 264,302.00 303,517.00
      Goodwill 535,245.00 534,901.00 521,137.00 515,188.00 526,569.00 519,924.00 521,198.00 524,197.00 706,255.00 522,536.00 522,788.00 1,030,279.00 597,781.00 322,972.00 328,125.00 329,699.00 330,561.00 340,795.00 322,821.00 325,805.00
      Intangible Assets 157,219.00 160,098.00 160,264.00 158,384.00 170,359.00 172,744.00 175,259.00 180,888.00 174,029.00 179,185.00 179,877.00 175,983.00 77,464.00 78,018.00 79,441.00 82,627.00 89,288.00 88,558.00 79,440.00 79,744.00
      Long-Term Investments 22,781.00 17,580.00 16,223.00 15,584.00 5,598.00 5,353.00 10,811.00 16,575.00 15,891.00 16,299.00 10,875.00 0 0 0 0 5,000.00 66,311.00 73,471.00 74,148.00 56,809.00
      Non-Current Deferred Assets 59,144.00 70,147.00 74,319.00 81,006.00 71,128.00 46,226.00 51,389.00 52,680.00 56,010.00 52,021.00 44,296.00 31,646.00 49,487.00 41,325.00 32,145.00 35,443.00 13,951.00 16,291.00 13,511.00 19,876.00
      Other Non-Current Assets 46,429.00 65,208.00 65,653.00 65,483.00 67,173.00 65,140.00 65,593.00 66,036.00 -132,904.00 55,030.00 54,542.00 -383,393.00 136,342.00 4,908.00 6,855.00 6,436.00 -48,940.00 -57,205.00 -31,079.00 3,109.00
Liabilities 891,349.00 986,611.00 1,027,709.00 1,185,352.00 1,122,853.00 1,094,676.00 1,133,651.00 1,320,528.00 1,105,793.00 1,085,355.00 1,141,298.00 1,267,788.00 1,045,670.00 760,656.00 712,817.00 785,271.00 663,241.00 684,373.00 638,872.00 700,723.00
   Current Liabilities 755,108.00 833,548.00 886,804.00 1,046,600.00 974,617.00 955,892.00 994,979.00 1,180,487.00 960,941.00 949,016.00 992,916.00 1,079,993.00 863,472.00 666,359.00 612,515.00 672,548.00 549,846.00 556,735.00 557,133.00 600,331.00
      Payables and Expenses 668,055.00 744,514.00 811,491.00 965,762.00 832,983.00 822,030.00 860,388.00 1,035,681.00 830,250.00 781,372.00 778,905.00 899,555.00 712,155.00 524,873.00 534,648.00 595,258.00 476,402.00 473,340.00 476,052.00 513,414.00
            Account Payables 530,568.00 628,833.00 639,807.00 802,524.00 629,997.00 635,208.00 629,634.00 838,522.00 668,550.00 616,590.00 602,180.00 742,918.00 576,762.00 400,058.00 374,601.00 430,245.00 349,985.00 341,047.00 347,209.00 367,025.00
            Current Accrued Liabilities 0 115,681.00 171,684.00 163,238.00 202,986.00 186,822.00 230,754.00 197,159.00 161,700.00 164,782.00 176,725.00 156,637.00 135,393.00 124,815.00 160,047.00 165,013.00 126,417.00 132,293.00 128,843.00 146,389.00
      Short-Term Debt 27,133.00 29,051.00 25,629.00 25,812.00 26,159.00 27,736.00 31,848.00 35,398.00 35,296.00 32,180.00 33,287.00 31,003.00 30,469.00 32,110.00 31,373.00 34,066.00 31,309.00 37,243.00 44,501.00 48,388.00
      Other Current Liabilities 59,920.00 59,983.00 49,684.00 55,026.00 115,475.00 106,126.00 102,743.00 109,408.00 95,395.00 135,464.00 180,724.00 149,435.00 120,848.00 109,376.00 46,494.00 43,224.00 42,135.00 46,152.00 36,580.00 38,529.00
   Non-Current Liabilities 136,241.00 153,063.00 140,905.00 138,752.00 148,236.00 138,784.00 138,672.00 140,041.00 144,852.00 136,339.00 148,382.00 187,795.00 182,198.00 94,297.00 100,302.00 112,723.00 113,395.00 127,638.00 81,739.00 100,392.00
      Long-Term Debt 82,175.00 88,459.00 77,788.00 77,584.00 87,321.00 78,801.00 80,059.00 83,051.00 83,004.00 74,722.00 80,762.00 77,536.00 77,901.00 82,984.00 84,692.00 93,893.00 92,859.00 103,888.00 61,874.00 83,007.00
      Other Non-Current Liabilities 54,066.00 64,604.00 63,117.00 61,168.00 60,915.00 59,983.00 58,613.00 56,990.00 61,848.00 61,617.00 67,620.00 110,259.00 104,297.00 11,313.00 15,610.00 18,830.00 20,536.00 23,750.00 19,865.00 17,385.00
Equity 1,170,937.00 1,127,524.00 1,100,236.00 1,081,097.00 1,085,507.00 1,073,190.00 1,072,599.00 1,111,391.00 1,034,850.00 1,043,012.00 1,050,189.00 1,081,106.00 1,076,900.00 1,110,188.00 1,202,523.00 1,198,320.00 1,151,252.00 1,158,069.00 1,143,763.00 1,152,687.00
   Shareholders Equity 1,131,051.00 1,088,975.00 1,064,599.00 1,049,189.00 1,051,407.00 1,042,787.00 1,041,482.00 1,079,605.00 1,005,233.00 1,012,238.00 1,017,585.00 1,048,041.00 1,047,469.00 1,079,033.00 1,168,475.00 1,163,131.00 1,116,356.00 1,123,567.00 1,109,626.00 1,117,142.00
      Capital Stock 1,933.00 1,933.00 1,933.00 1,931.00 1,970.00 1,967.00 2,024.00 2,023.00 2,082.00 2,081.00 2,081.00 2,079.00 2,125.00 2,147.00 2,150.00 2,149.00 2,162.00 2,173.00 2,164.00 2,161.00
      Share Premium 709,221.00 715,243.00 707,489.00 709,580.00 728,707.00 761,681.00 797,492.00 769,240.00 811,381.00 787,674.00 760,397.00 734,492.00 760,666.00 750,774.00 740,515.00 731,248.00 727,613.00 720,762.00 702,022.00 693,164.00
      Retained Earnings 661,496.00 627,084.00 607,415.00 571,744.00 557,072.00 537,241.00 543,092.00 555,456.00 504,346.00 527,857.00 551,922.00 577,653.00 569,218.00 577,552.00 619,641.00 601,588.00 534,320.00 519,893.00 510,528.00 491,359.00
      Treasury Shares 176,078.00 190,834.00 159,400.00 125,298.00 152,997.00 154,254.00 204,363.00 161,788.00 212,094.00 214,046.00 211,400.00 174,293.00 152,889.00 148,509.00 137,330.00 131,560.00 122,390.00 111,823.00 87,263.00 85,570.00
      Accumulated Other Comprehensive Income -65,521.00 -64,451.00 -92,838.00 -108,768.00 -83,345.00 -103,848.00 -96,763.00 -85,326.00 -100,482.00 -91,328.00 -85,415.00 -91,890.00 -131,651.00 -102,931.00 -56,501.00 -40,294.00 -25,349.00 -7,438.00 -17,825.00 16,028.00
   Minority Interest 39,886.00 38,549.00 35,637.00 31,908.00 34,100.00 30,403.00 31,117.00 31,786.00 29,617.00 30,774.00 32,604.00 33,065.00 29,431.00 31,155.00 34,048.00 35,189.00 34,896.00 34,502.00 34,137.00 35,545.00
Investments 0 35,464.00 43,524.00 41,826.00 57,216.00 43,666.00 22,037.00 22,545.00 36,982.00 37,450.00 32,043.00 25,098.00 10,000.00 10,000.00 31,387.00 55,299.00 56,311.00 63,471.00 45,867.00 56,809.00
Debt 109,308.00 117,510.00 103,417.00 103,396.00 113,480.00 106,537.00 111,907.00 118,449.00 118,300.00 106,902.00 114,049.00 108,539.00 108,370.00 115,094.00 116,065.00 127,959.00 124,168.00 141,131.00 106,375.00 131,395.00
Common Shares Outstanding 52,549.16 57,854.89 57,854.89 57,744.84 59,180.22 59,063.49 61,181.00 61,165.66 63,350.66 63,337.45 63,316.70 63,248.73 64,985.39 65,794.03 65,905.39 65,883.35 66,315.02 66,697.36 66,391.91 66,272.11
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 469,660.00 934,105.00 451,434.00 -818,382.00 1,380,254.00 921,362.00 450,055.00 -792,664.00 1,383,143.00 913,950.00 445,016.00 -951,799.00 1,452,578.00 1,005,657.00 510,567.00 -980,198.00 1,600,968.00 1,092,388.00 541,077.00
Cost Of Revenue 213,177.00 438,611.00 214,458.00 -452,062.00 698,254.00 471,294.00 232,832.00 -506,490.00 796,725.00 532,659.00 263,507.00 -645,370.00 903,972.00 636,658.00 326,543.00 -684,284.00 1,063,375.00 730,821.00 362,379.00
Interest Income 1,176.00 3,959.00 2,110.00 -1,979.00 6,598.00 4,661.00 2,612.00 -2,515.00 4,690.00 3,198.00 1,549.00 1.00 1,934.00 1,342.00 680.00 -1,131.00 1,996.00 1,372.00 668.00
Interest Expense 715.00 1,088.00 430.00 -768.00 1,337.00 832.00 423.00 -805.00 1,500.00 1,063.00 486.00 -882.00 1,391.00 969.00 547.00 -806.00 1,491.00 1,046.00 540.00
Net Interest 0 2,871.00 1,680.00 -1,211.00 5,261.00 3,829.00 2,189.00 -1,710.00 3,190.00 2,135.00 1,063.00 883.00 543.00 373.00 133.00 -325.00 505.00 326.00 128.00
Non-Interest Expense 137,176.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 256,483.00 495,494.00 236,976.00 -366,320.00 682,000.00 450,068.00 217,223.00 -286,174.00 586,418.00 381,291.00 181,509.00 -306,429.00 548,606.00 368,999.00 184,024.00 -295,914.00 537,593.00 361,567.00 178,698.00
Operating Expenses 204,854.00 416,872.00 188,809.00 -403,182.00 625,106.00 402,776.00 206,869.00 -420,519.00 597,518.00 403,825.00 205,002.00 -356,255.00 572,972.00 397,843.00 156,362.00 -273,491.00 451,460.00 307,619.00 144,479.00
   Selling, General and Administrative Expenses 137,176.00 276,513.00 128,060.00 -277,386.00 413,324.00 276,279.00 140,011.00 -273,966.00 403,631.00 272,460.00 141,412.00 -316,053.00 454,724.00 322,320.00 122,335.00 265,208.00 344,503.00 234,007.00 112,782.00
   Research and Development Expenses 67,678.00 140,359.00 60,749.00 -125,796.00 211,782.00 126,497.00 66,858.00 -146,553.00 193,887.00 131,365.00 63,590.00 -40,202.00 118,248.00 75,523.00 34,027.00 -60,449.00 106,957.00 73,612.00 31,697.00
   Other Operating Expenses 0 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 -478,250.00 0.00 0.00 0.00
Operating Income 51,629.00 78,622.00 48,167.00 36,862.00 56,894.00 47,292.00 10,354.00 134,345.00 -11,100.00 -22,534.00 -23,493.00 49,826.00 -24,366.00 -28,844.00 27,662.00 -22,423.00 86,133.00 53,948.00 34,219.00
Net Non-Operating Income 0 501.00 2,302.00 154,628.00 889.00 897.00 1,181.00 58,400.00 2,008.00 4,975.00 6,827.00 11,384.00 23,927.00 20,442.00 4,030.00 162,085.00 -1,391.00 -1,237.00 -718.00
EBT 51,608.00 79,123.00 50,469.00 191,490.00 57,783.00 48,189.00 11,535.00 192,745.00 -9,092.00 -17,559.00 -16,666.00 61,210.00 -439.00 -8,402.00 31,692.00 139,662.00 84,742.00 52,711.00 33,501.00
Income Tax 11,531.00 16,192.00 10,458.00 10,237.00 15,014.00 11,564.00 2,969.00 10,287.00 1,685.00 3,517.00 4,595.00 12,744.00 4,735.00 3,293.00 10,414.00 -30,147.00 22,033.00 14,232.00 10,051.00
Net Income Including Non-Controlling Interests 40,077.00 55,425.00 35,845.00 32,487.00 38,183.00 31,837.00 5,922.00 86,858.00 -8,109.00 -15,328.00 -11,547.00 9,214.00 -7,722.00 -14,359.00 19,896.00 15,289.00 58,673.00 35,941.00 21,362.00
Net Income Non-Controlling Interests -2,295.00 3,753.00 2,083.00 -2,867.00 2,293.00 2,394.00 1,322.00 653.00 351.00 643.00 -262.00 -1,374.00 1,274.00 1,332.00 691.00 -1,140.00 2,018.00 1,269.00 1,044.00
Net Income 37,782.00 59,178.00 37,928.00 29,620.00 40,476.00 34,231.00 7,244.00 87,511.00 -7,758.00 -14,685.00 -11,809.00 7,840.00 -6,448.00 -13,027.00 20,587.00 14,149.00 60,691.00 37,210.00 22,406.00
EBIT 52,323.00 80,211.00 50,899.00 190,722.00 59,120.00 49,021.00 11,958.00 191,940.00 -7,592.00 -16,496.00 -16,180.00 60,328.00 952.00 -7,433.00 32,239.00 138,856.00 86,233.00 53,757.00 34,041.00
Deprecation and Amortization 36,634.00 0.00 0.00 60,000.00 0.00 0.00 0.00 51,400.00 0.00 0.00 0.00 55,600.00 0.00 0.00 0.00 65,836.00 0.00 0.00 0.00
EBITDA 88,957.00 0 0 370,821.00 0 0 0 203,072.00 0 0 0 141,686.00 0 0 0 378,723.00 0 0 0
EPS 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
Diluted EPS 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
Average Shares Outstanding Basic 52,565.60 53,480.34 53,979.16 54,363.13 54,840.65 54,915.14 55,149.62 56,158.44 56,173.22 56,094.89 56,256.08 58,360.50 60,431.60 60,488.43 60,738.30 60,665.72 60,759.61 60,702.78 60,741.67
Average Shares Outstanding Diluted 53,760.20 56,162.46 57,195.90 57,027.70 58,909.95 59,151.58 59,332.88 68,163.58 56,173.22 56,094.89 60,494.83 61,419.17 63,050.36 62,957.72 63,613.55 64,164.01 64,313.53 64,371.60 64,077.41
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 89,600.00 60,944.00 62,341.00 124,233.00 88,707.00 31,204.00 14,017.00 76,084.00 62,906.00 43,292.00 41,964.00 -38,377.00 130,530.00 88,902.00 74,930.00 -115,072.00 154,901.00 103,722.00 77,362.00
   Operating Net Income 40,077.00 62,931.00 117,950.00 237,227.00 42,769.00 36,625.00 24,376.00 219,947.00 -7,407.00 -14,042.00 -35,951.00 -15,572.00 -5,174.00 -11,695.00 63,143.00 239,256.00 62,709.00 38,479.00 69,306.00
   Deprecation and Amortization 36,634.00 0 0 60,000.00 0 0 0 51,400.00 0 0 0 55,600.00 0 0 0 65,836.00 0 0 0
   Deferred Income Tax -8,632.00 12,435.00 6,888.00 -71,747.00 -16,370.00 8,089.00 3,174.00 -11,966.00 -24,742.00 -20,536.00 -12,297.00 34,333.00 -16,051.00 -7,114.00 2,868.00 -49,155.00 4,568.00 2,305.00 4,998.00
   Share Based Compensation 14,843.00 37,194.00 17,135.00 -50,850.00 82,193.00 47,978.00 27,292.00 -56,677.00 76,353.00 52,341.00 25,168.00 -8,559.00 42,594.00 21,510.00 9,489.00 -13,746.00 32,174.00 18,885.00 7,215.00
   Change in Working Capital 6,772.00 -347,141.00 -309,659.00 743,933.00 -241,501.00 -222,186.00 -241,676.00 838,240.00 -161,729.00 -245,210.00 -300,959.00 465,098.00 -105,540.00 -101,541.00 -145,571.00 438,618.00 -4,030.00 -41,321.00 -81,238.00
   Other Operating Activities -94.00 295,525.00 230,027.00 -794,330.00 221,616.00 160,698.00 200,851.00 -964,860.00 180,431.00 270,739.00 366,003.00 -569,277.00 214,701.00 187,742.00 145,001.00 -795,881.00 59,480.00 85,374.00 77,081.00
Investing Cash Flow -27,398.00 -41,725.00 -17,538.00 10,121.00 -58,966.00 -35,157.00 -13,899.00 119,926.00 -104,199.00 -88,337.00 -36,102.00 -72,615.00 -133,724.00 23,295.00 16,925.00 63,674.00 -66,195.00 -56,814.00 -17,032.00
   Capital Expenditure 0 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 0 52,711.00 17,091.00 79,588.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net -5,140.00 45,044.00 22,451.00 5,950.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 -1,054.00 527.00 527.00 527.00 -33,617.00 16,582.00 16,582.00 16,125.00 2,574.00 135,453.00 0 0 -8,706.00 9,527.00 9,598.00 0
   Other Investing Activities 0 -139,480.00 -57,080.00 -74,363.00 -59,493.00 -35,684.00 -14,426.00 153,543.00 -120,781.00 -104,919.00 -52,227.00 -75,189.00 -269,177.00 23,295.00 16,925.00 72,380.00 -75,722.00 -66,412.00 -17,032.00
Financing Cash Flow -11,238.00 -103,143.00 -54,794.00 48,134.00 -154,355.00 -102,098.00 -62,180.00 145,938.00 -124,858.00 -96,117.00 -72,217.00 -60,972.00 -36,196.00 -14,509.00 -1,367.00 6,494.00 -55,821.00 -27,374.00 -3,416.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 -157,026.00 78,513.00 78,513.00 78,513.00 3,965.00 -1,262.00 -1,272.00 -182.00
   Net Issuance/Repurchase of Equity -10,948.00 106,393.00 58,013.00 -99,020.00 161,925.00 103,702.00 62,538.00 -106,727.00 105,302.00 76,563.00 52,296.00 38,674.00 59,779.00 29,685.00 8,575.00 -20,584.00 94,299.00 44,504.00 7,004.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -290.00 -209,536.00 -112,807.00 147,154.00 -316,280.00 -205,800.00 -124,718.00 252,665.00 -230,160.00 -172,680.00 -124,513.00 57,380.00 -174,488.00 -122,707.00 -88,455.00 23,113.00 -148,858.00 -70,606.00 -10,238.00
Net Change in Cash 50,964.00 -84,919.00 -4,772.00 195,906.00 -127,351.00 -119,558.00 -69,395.00 358,954.00 -178,343.00 -150,017.00 -67,537.00 -79,959.00 -108,203.00 47,019.00 73,816.00 -15,490.00 9,447.00 1,510.00 32,049.00
   Cash at Beginning of Period 206,024.00 290,943.00 290,943.00 95,037.00 411,341.00 411,256.00 411,257.00 52,303.00 448,200.00 448,200.00 448,200.00 528,159.00 515,526.00 515,527.00 515,527.00 531,017.00 488,011.00 488,011.00 488,011.00
   Cash at End of Period 255,335.00 206,024.00 286,171.00 290,943.00 283,990.00 291,698.00 341,862.00 411,257.00 269,857.00 298,183.00 380,663.00 448,200.00 407,323.00 562,546.00 589,343.00 515,527.00 497,458.00 489,521.00 520,060.00
Free Cash Flow 66,632.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0