CSR
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -52.09 | 24.98 | -43.46 | -235.96 | |
| Price to Sales | 3.93 | 3.34 | 3.48 | 7.59 | |
| Book Value Per Common Share | 39.11 | 47.32 | 48.57 | 51.41 | 47.46 |
| Price to Book | 1.69 | 1.23 | 1.21 | 2.16 | |
| Price to Operating Cash Flow | 10.44 | 9.75 | 9.70 | 18.22 | |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | 27.78 | -55.22 | -294.32 | -73.41 | -120.77 | -154.43 | 20.22 | 23.88 | 19.58 | -60.65 | -84.07 | -144.29 | 555.88 | 77.35 | -138.78 | |||||
| Price to Sales | 4.76 | 7.43 | 16.14 | 5.48 | 7.80 | 13.22 | 4.58 | 6.93 | 12.09 | 5.48 | 10.15 | 24.56 | 9.25 | 11.29 | 19.06 | |||||
| Book Value Per Common Share | 44.82 | 42.27 | 38.05 | 39.11 | 40.51 | 45.08 | 46.15 | 47.32 | 48.58 | 49.40 | 50.51 | 48.57 | 50.40 | 51.13 | 51.88 | 51.41 | 50.71 | 48.57 | 46.73 | 47.46 |
| Price to Book | 1.31 | 1.42 | 1.70 | 1.69 | 1.74 | 1.50 | 1.24 | 1.23 | 1.24 | 1.24 | 1.08 | 1.21 | 1.34 | 1.59 | 1.89 | 2.16 | 1.86 | 1.62 | 1.46 | |
| Price to Operating Cash Flow | 11.49 | 19.87 | 42.59 | 13.41 | 21.39 | 34.94 | 11.67 | 20.18 | 37.64 | 15.00 | 36.34 | 127.73 | 23.58 | 34.46 | 59.47 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -0.12 | 1.79 | 27.27 | 13.32 | |
| EBITDA YoY | |||||
| Net Profit YoY |
| 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 | 15.95 | -7.89 | 2789900.00 | -83.33 | ||||||||||||||||
| Revenue YoY | 52.64 | 102.17 | 50.19 | 100.83 | 48.67 | 95.40 | 53.02 | 104.65 | 54.03 | 100.02 | ||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | 18.64 | -4.28 | 139.89 | -56.94 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.78 | 0.58 | 0.69 | 2.27 | 0.03 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 1.13 | 1.03 | 1.10 | 0.90 | 1.12 |
| Long-Term Debt to Equity |
| 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 | 0.77 | 0.74 | 0.71 | 0.72 | 0.95 | 0.96 | 0.85 | 0.58 | 1.98 | 0.65 | 0.59 | 0.70 | 0.97 | 0.86 | 0.88 | 2.08 | 1.48 | 0.39 | 0.83 | 0.03 |
| Quick Ratio | ||||||||||||||||||||
| Current Ratio | ||||||||||||||||||||
| Debt to Equity | 1.37 | 1.38 | 1.15 | 1.13 | 1.09 | 1.08 | 1.06 | 1.03 | 0.92 | 0.96 | 0.97 | 1.10 | 1.01 | 0.89 | 0.88 | 0.90 | 0.93 | 0.99 | 1.23 | 1.12 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -0.59 | 2.15 | -0.69 | 0.00 | 0.30 |
| ROE | -1.26 | 4.36 | -1.46 | 0.00 | 0.64 |
| Gross Margin | 96.50 | 96.42 | 96.15 | 95.66 | 11.28 |
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -4.34 | 15.81 | -5.50 | -0.01 | 2.50 |
| 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 | 1.69 | -0.91 | -0.20 | -0.33 | -0.27 | -0.21 | 2.63 | 2.17 | 2.20 | -0.59 | -0.59 | -0.44 | 0.38 | 1.11 | -0.32 | |||||
| ROE | 4.01 | -2.16 | -0.42 | -0.69 | -0.57 | -0.42 | 5.07 | 4.25 | 4.34 | -1.19 | -1.13 | -0.82 | 0.74 | 2.21 | -0.71 | |||||
| Gross Margin | 96.47 | 96.44 | 96.37 | 96.51 | 96.49 | 96.39 | 96.45 | 96.37 | 96.22 | 96.01 | 95.97 | 96.26 | 95.79 | 95.87 | 96.21 | |||||
| Operating Margin | ||||||||||||||||||||
| EBITDA Margin | ||||||||||||||||||||
| Net Profit Margin | 17.16 | -13.45 | -5.57 | -3.21 | -4.01 | -6.05 | 25.09 | 31.44 | 64.17 | -6.41 | -9.38 | -14.24 | 5.00 | 17.87 | -10.43 |
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 | 1,913,707.00 | 1,926,361.00 | 2,033,301.00 | 1,940,061.00 | 1,464,183.00 |
| Cash and Short-Term Investments | 12,030.00 | 8,630.00 | 10,458.00 | 31,267.00 | 392.00 |
| Cash and Cash Equivalents | 12,030.00 | 8,630.00 | 10,458.00 | 31,267.00 | 392.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 25,092.00 | 7,039.00 | 0 | 6,208.00 | 6,332.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 4,000.00 | 4,600.00 | 4,900.00 | 4,700.00 | 4,700.00 |
| Real Estate | 9,922,964.00 | 5,901,698.00 | 10,136,496.00 | 9,084,680.00 | 7,250,228.00 |
| Goodwill | 491.00 | 491.00 | 866.00 | 866.00 | 986.00 |
| Intangible Assets | 1,977.00 | 2,723.00 | 2,112.00 | 7,370.00 | 1,150.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,014,704.00 | 978,776.00 | 1,066,445.00 | 918,450.00 | 774,800.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 899,003.00 | 947,585.00 | 966,856.00 | 1,021,611.00 | 689,383.00 |
| Shareholders Equity | 653,900.00 | 709,832.00 | 729,537.00 | 772,032.00 | 618,207.00 |
| Capital Stock | 1,269,549.00 | 1,259,224.00 | 1,271,014.00 | 1,250,785.00 | 1,061,793.00 |
| Share Premium | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -615,242.00 | -548,273.00 | -539,422.00 | -474,318.00 | -427,681.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -407.00 | -1,119.00 | -2,055.00 | -4,435.00 | -15,905.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 1,854,761.00 | 1,889,443.00 | 1,998,723.00 | 3,698,432.00 | 2,851,277.00 |
| Debt | 1,461,834.00 | 1,438,130.00 | 1,432,579.00 | 1,388,349.00 | 824,501.00 |
| Net Debt | 1,449,804.00 | 1,429,500.00 | 1,422,121.00 | 1,357,082.00 | 824,109.00 |
| Common Shares Outstanding | 16,719.00 | 15,000.00 | 15,020.00 | 15,016.00 | 13,027.17 |
| Preferred Shares Outstanding | 0 | 3,881.00 | 3,900.00 | 3,900.00 | 3,900.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 260,983.00 | 261,309.00 | 256,716.00 | 201,705.00 | 177,994.00 |
| Cost Of Revenue | 9,128.00 | 9,353.00 | 9,895.00 | 8,752.00 | 157,918.00 |
| Gross Profit | 251,855.00 | 251,956.00 | 246,821.00 | 192,953.00 | 20,076.00 |
| Operating Expenses | 231,380.00 | 167,503.00 | 232,960.00 | 163,061.00 | 11,736.00 |
| Selling, General and Administrative Expenses | 71,614.00 | 48,839.00 | 46,083.00 | 40,661.00 | 36,635.00 |
| Other Operating Expenses | 159,766.00 | 118,664.00 | 186,877.00 | 122,400.00 | -24,899.00 |
| Operating Income | 20,475.00 | 84,453.00 | 13,861.00 | 29,892.00 | 8,340.00 |
| Interest Expense | 37,280.00 | 36,429.00 | 32,750.00 | 29,078.00 | 27,525.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | -14,192.00 | 49,231.00 | -17,641.00 | -2,101.00 | 4,743.00 |
| Net Income Non-Controlling Interests | 2,864.00 | -7,906.00 | 3,532.00 | 2,072.00 | -302.00 |
| Net Income | -11,328.00 | 41,325.00 | -14,109.00 | -29.00 | 4,441.00 |
| Deprecation and Amortization | 107,648.00 | 103,172.00 | 106,208.00 | 93,110.00 | 76,596.00 |
| 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 | 15,504.00 | 14,994.00 | 15,216.00 | 13,803.00 | 12,564.00 |
| Average Shares Outstanding Diluted | 15,504.00 | 17,118.00 | 15,216.00 | 15,704.00 | 13,594.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 98,248.00 | 89,520.00 | 91,991.00 | 84,028.00 | 61,228.00 |
| Operating Net Income | -14,192.00 | 49,231.00 | -17,641.00 | -2,101.00 | 4,743.00 |
| Deprecation and Amortization | 107,648.00 | 103,172.00 | 106,208.00 | 93,110.00 | 76,596.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 3,014.00 | 3,295.00 | 2,615.00 | 2,687.00 | 2,106.00 |
| Change in Working Capital | 6,340.00 | -1,348.00 | 1,295.00 | 21,152.00 | 5,879.00 |
| Other Operating Activities | -4,562.00 | -64,830.00 | -486.00 | -30,820.00 | -28,096.00 |
| Investing Cash Flow | -50,716.00 | 120,209.00 | -160,094.00 | -267,225.00 | -164,965.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 41,777.00 | 122.00 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -325.00 | 420.00 | -1,221.00 | 502.00 | 2,510.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -50,391.00 | 78,012.00 | -158,995.00 | -267,727.00 | -167,475.00 |
| Financing Cash Flow | -43,672.00 | -212,351.00 | 41,369.00 | 214,512.00 | 64,930.00 |
| Net Issuance/Repayment of Debt | 254,575.00 | 590,457.00 | 375,180.00 | 1,146,582.00 | 240,685.00 |
| Net Issuance/Repurchase of Equity | 276,515.00 | 11,539.00 | 60,498.00 | 156,038.00 | 64,481.00 |
| Dividends Paid | 50,610.00 | 50,170.00 | 50,889.00 | 44,915.00 | 41,689.00 |
| Other Financing Activities | -625,372.00 | -864,517.00 | -445,198.00 | -1,133,023.00 | -281,925.00 |
| Net Change in Cash | 3,860.00 | -2,622.00 | -26,734.00 | 31,315.00 | -38,807.00 |
| Cash at Beginning of Period | 9,269.00 | 11,891.00 | 38,625.00 | 7,310.00 | 46,117.00 |
| Cash at End of Period | 13,129.00 | 9,269.00 | 11,891.00 | 38,625.00 | 7,310.00 |
| 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 | 2,097,606.00 | 2,013,239.00 | 1,893,084.00 | 1,913,707.00 | 1,887,405.00 | 1,899,425.00 | 1,903,473.00 | 1,926,361.00 | 1,878,281.00 | 1,920,177.00 | 1,978,884.00 | 2,033,301.00 | 2,038,586.00 | 1,947,613.00 | 1,965,573.00 | 1,940,061.00 | 1,876,951.00 | 1,499,750.00 | 1,536,353.00 | 1,464,183.00 |
| Cash and Short-Term Investments | 12,896.00 | 12,378.00 | 11,916.00 | 12,030.00 | 14,453.00 | 14,328.00 | 12,682.00 | 8,630.00 | 29,701.00 | 9,745.00 | 8,939.00 | 10,458.00 | 14,957.00 | 13,156.00 | 13,313.00 | 31,267.00 | 20,816.00 | 5,194.00 | 10,816.00 | 392.00 |
| Cash and Cash Equivalents | 12,896.00 | 12,378.00 | 11,916.00 | 12,030.00 | 14,453.00 | 14,328.00 | 12,682.00 | 8,630.00 | 29,701.00 | 9,745.00 | 8,939.00 | 10,458.00 | 14,957.00 | 13,156.00 | 13,313.00 | 31,267.00 | 20,816.00 | 5,194.00 | 10,816.00 | 392.00 |
| 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 | 0 | 0 | 0 | 25,092.00 | 0 | 0 | 0 | 7,039.00 | 0 | 0 | 0 | 0 | 45,200.00 | 0 | 0 | 6,208.00 | 83,460.00 | 74,457.00 | 0 | 6,332.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 4,000.00 | 0 | 0 | 0 | 4,600.00 | 0 | 0 | 0 | 4,900.00 | 0 | 0 | 0 | 4,700.00 | 0 | 0 | 0 | 4,700.00 |
| Real Estate | 10,144,664.00 | 9,689,740.00 | 9,936,444.00 | 9,922,964.00 | 6,084,860.00 | 6,013,962.00 | 5,933,438.00 | 5,901,698.00 | 5,686,162.00 | 5,954,804.00 | 5,880,156.00 | 10,136,496.00 | 10,053,880.00 | 9,605,708.00 | 9,563,808.00 | 9,084,680.00 | 8,814,424.00 | 7,355,348.00 | 7,533,628.00 | 7,250,228.00 |
| Goodwill | 0 | 0 | 0 | 491.00 | 0 | 0 | 0 | 491.00 | 0 | 0 | 0 | 866.00 | 0 | 0 | 0 | 866.00 | 0 | 0 | 0 | 986.00 |
| Intangible Assets | 0 | 0 | 0 | 1,977.00 | 0 | 0 | 0 | 2,723.00 | 0 | 0 | 0 | 2,112.00 | 0 | 0 | 0 | 7,370.00 | 0 | 0 | 0 | 1,150.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,210,682.00 | 1,168,347.00 | 1,013,084.00 | 1,014,704.00 | 982,266.00 | 984,568.00 | 979,828.00 | 978,776.00 | 901,362.00 | 938,209.00 | 974,519.00 | 1,066,445.00 | 1,025,740.00 | 918,368.00 | 917,255.00 | 918,450.00 | 903,686.00 | 745,842.00 | 848,341.00 | 774,800.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 886,924.00 | 844,892.00 | 880,000.00 | 899,003.00 | 905,139.00 | 914,857.00 | 923,645.00 | 947,585.00 | 976,919.00 | 981,968.00 | 1,004,365.00 | 966,856.00 | 1,012,846.00 | 1,029,245.00 | 1,048,318.00 | 1,021,611.00 | 973,265.00 | 753,908.00 | 688,012.00 | 689,383.00 |
| Shareholders Equity | 748,639.00 | 710,052.00 | 636,801.00 | 653,900.00 | 672,454.00 | 680,697.00 | 688,149.00 | 709,832.00 | 733,535.00 | 738,477.00 | 759,252.00 | 729,537.00 | 776,199.00 | 787,465.00 | 798,933.00 | 772,032.00 | 725,185.00 | 682,096.00 | 617,776.00 | 618,207.00 |
| Capital Stock | 1,366,980.00 | 1,369,376.00 | 1,268,888.00 | 1,269,549.00 | 1,270,752.00 | 1,260,585.00 | 1,254,022.00 | 1,259,224.00 | 1,262,555.00 | 1,263,031.00 | 1,269,589.00 | 1,271,014.00 | 1,303,262.00 | 1,301,379.00 | 1,297,215.00 | 1,250,785.00 | 1,185,660.00 | 1,127,470.00 | 1,073,983.00 | 1,061,793.00 |
| Share Premium | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -618,341.00 | -659,266.00 | -631,855.00 | -615,242.00 | -597,720.00 | -579,139.00 | -564,951.00 | -548,273.00 | -527,586.00 | -522,796.00 | -508,420.00 | -539,422.00 | -524,905.00 | -511,552.00 | -495,732.00 | -474,318.00 | -454,691.00 | -433,310.00 | -443,409.00 | -427,681.00 |
| 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 | 0 | -58.00 | -232.00 | -407.00 | -578.00 | -749.00 | -922.00 | -1,119.00 | -1,434.00 | -1,758.00 | -1,917.00 | -2,055.00 | -2,158.00 | -2,362.00 | -2,550.00 | -4,435.00 | -5,784.00 | -12,064.00 | -12,798.00 | -15,905.00 |
| 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 | 1,854,761.00 | 1,834,080.00 | 1,849,599.00 | 1,860,257.00 | 1,889,443.00 | 1,809,735.00 | 1,890,874.00 | 1,901,744.00 | 1,998,723.00 | 2,047,670.00 | 1,913,593.00 | 1,925,200.00 | 3,698,432.00 | 1,902,300.00 | 1,543,351.00 | 1,505,500.00 | 2,851,277.00 |
| Debt | 1,487,541.00 | 1,457,227.00 | 1,467,187.00 | 1,461,834.00 | 1,441,369.00 | 1,434,973.00 | 1,435,561.00 | 1,438,130.00 | 1,373,363.00 | 1,398,790.00 | 1,320,038.00 | 1,432,579.00 | 1,332,458.00 | 1,353,070.00 | 1,394,868.00 | 1,388,349.00 | 1,397,154.00 | 964,688.00 | 967,575.00 | 824,501.00 |
| Net Debt | 1,474,645.00 | 1,444,849.00 | 1,455,271.00 | 1,449,804.00 | 1,426,916.00 | 1,420,645.00 | 1,422,879.00 | 1,429,500.00 | 1,343,662.00 | 1,389,045.00 | 1,311,099.00 | 1,422,121.00 | 1,317,501.00 | 1,339,914.00 | 1,381,555.00 | 1,357,082.00 | 1,376,338.00 | 959,494.00 | 956,759.00 | 824,109.00 |
| Common Shares Outstanding | 16,703.00 | 16,800.00 | 16,735.00 | 16,719.00 | 16,600.00 | 15,100.00 | 14,912.00 | 15,000.00 | 15,100.00 | 14,949.00 | 15,032.00 | 15,020.00 | 15,400.00 | 15,400.00 | 15,400.00 | 15,016.00 | 14,300.00 | 14,045.00 | 13,220.00 | 13,027.17 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 3,881.00 | 3,881.00 | 3,881.00 | 3,881.00 | 3,881.00 | 3,881.00 | 3,900.00 | 3,881.00 | 3,881.00 | 3,881.00 | 3,900.00 | 0 | 3,900.00 | 3,900.00 | 3,900.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 207,041.00 | 135,642.00 | 67,093.00 | -127,646.00 | 194,574.00 | 129,549.00 | 64,506.00 | -136,502.00 | 197,241.00 | 132,673.00 | 67,897.00 | -115,896.00 | 188,868.00 | 123,430.00 | 60,314.00 | -81,964.00 | 143,717.00 | 93,304.00 | 46,648.00 |
| Cost Of Revenue | 7,315.00 | 4,826.00 | 2,433.00 | -4,548.00 | 6,794.00 | 4,552.00 | 2,330.00 | -5,042.00 | 7,012.00 | 4,815.00 | 2,568.00 | -4,869.00 | 7,537.00 | 4,974.00 | 2,253.00 | -2,922.00 | 6,055.00 | 3,852.00 | 1,767.00 |
| Gross Profit | 199,726.00 | 130,816.00 | 64,660.00 | -123,098.00 | 187,780.00 | 124,997.00 | 62,176.00 | -131,460.00 | 190,229.00 | 127,858.00 | 65,329.00 | -111,027.00 | 181,331.00 | 118,456.00 | 58,061.00 | -79,042.00 | 137,662.00 | 89,452.00 | 44,881.00 |
| Operating Expenses | 124,566.00 | 132,866.00 | 59,914.00 | -110,614.00 | 170,163.00 | 113,730.00 | 58,101.00 | 1,205.00 | 104,271.00 | 59,295.00 | 2,732.00 | -121,920.00 | 174,376.00 | 118,532.00 | 61,972.00 | -97,401.00 | 132,144.00 | 85,078.00 | 43,240.00 |
| Selling, General and Administrative Expenses | 59,388.00 | 40,061.00 | 20,323.00 | 5,103.00 | 33,358.00 | 22,225.00 | 10,928.00 | -30,720.00 | 37,615.00 | 26,640.00 | 15,304.00 | -24,404.00 | 35,343.00 | 23,785.00 | 11,359.00 | -17,807.00 | 29,432.00 | 19,237.00 | 9,799.00 |
| Other Operating Expenses | 65,178.00 | 92,805.00 | 39,591.00 | -115,717.00 | 136,805.00 | 91,505.00 | 47,173.00 | 31,925.00 | 66,656.00 | 32,655.00 | -12,572.00 | -97,516.00 | 139,033.00 | 94,747.00 | 50,613.00 | -79,594.00 | 102,712.00 | 65,841.00 | 33,441.00 |
| Operating Income | 75,160.00 | -2,050.00 | 4,746.00 | -12,484.00 | 17,617.00 | 11,267.00 | 4,075.00 | -132,665.00 | 85,958.00 | 68,563.00 | 62,597.00 | 10,893.00 | 6,955.00 | -76.00 | -3,911.00 | 18,359.00 | 5,518.00 | 4,374.00 | 1,641.00 |
| Interest Expense | 33,348.00 | 20,359.00 | 9,635.00 | -17,951.00 | 27,485.00 | 18,539.00 | 9,207.00 | -20,366.00 | 27,516.00 | 18,960.00 | 10,319.00 | -13,388.00 | 23,147.00 | 15,276.00 | 7,715.00 | -13,000.00 | 21,622.00 | 14,320.00 | 6,136.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 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 Income Including Non-Controlling Interests | 44,442.00 | -20,966.00 | -4,181.00 | 5,461.00 | -8,406.00 | -6,455.00 | -4,792.00 | -112,159.00 | 59,116.00 | 49,947.00 | 52,327.00 | 22,304.00 | -15,076.00 | -14,306.00 | -10,563.00 | -21,590.00 | 6,704.00 | 17,944.00 | -5,159.00 |
| Net Income Non-Controlling Interests | -8,908.00 | 2,717.00 | 447.00 | -1,434.00 | 2,157.00 | 1,254.00 | 887.00 | 18,723.00 | -9,634.00 | -8,239.00 | -8,756.00 | -4,141.00 | 2,973.00 | 2,726.00 | 1,974.00 | 2,578.00 | 475.00 | -1,273.00 | 292.00 |
| Net Income | 35,534.00 | -18,249.00 | -3,734.00 | 4,027.00 | -6,249.00 | -5,201.00 | -3,905.00 | -93,436.00 | 49,482.00 | 41,708.00 | 43,571.00 | 18,163.00 | -12,103.00 | -11,580.00 | -8,589.00 | -19,012.00 | 7,179.00 | 16,671.00 | -4,867.00 |
| Deprecation and Amortization | 84,859.00 | 55,425.00 | 27,971.00 | -52,665.00 | 79,694.00 | 53,314.00 | 27,305.00 | -51,038.00 | 76,265.00 | 51,295.00 | 26,650.00 | -61,116.00 | 80,104.00 | 56,124.00 | 31,096.00 | -29,454.00 | 62,527.00 | 39,792.00 | 20,245.00 |
| 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 | 16,731.00 | 16,734.00 | 16,727.00 | 17,004.00 | 15,143.00 | 14,947.00 | 14,922.00 | 14,975.00 | 14,989.00 | 14,987.00 | 15,025.00 | 15,025.00 | 15,373.00 | 15,369.00 | 15,097.00 | 14,716.00 | 14,065.00 | 13,353.00 | 13,078.00 |
| Average Shares Outstanding Diluted | 19,835.00 | 16,734.00 | 16,727.00 | 17,004.00 | 15,143.00 | 14,947.00 | 14,922.00 | 13,782.00 | 18,018.00 | 18,313.00 | 18,359.00 | 15,025.00 | 15,373.00 | 15,369.00 | 15,097.00 | 18,345.00 | 15,922.00 | 14,514.00 | 14,035.00 |
| 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 | 85,746.00 | 50,694.00 | 25,429.00 | -53,002.00 | 79,583.00 | 47,264.00 | 24,403.00 | -55,265.00 | 77,420.00 | 45,561.00 | 21,804.00 | -23,071.00 | 68,973.00 | 34,491.00 | 11,598.00 | -17,856.00 | 56,355.00 | 30,574.00 | 14,955.00 |
| Operating Net Income | 44,442.00 | -20,966.00 | -4,181.00 | 5,461.00 | -8,406.00 | -6,455.00 | -4,792.00 | -112,159.00 | 59,116.00 | 49,947.00 | 52,327.00 | 22,304.00 | -15,076.00 | -14,306.00 | -10,563.00 | -21,590.00 | 6,704.00 | 17,944.00 | -5,159.00 |
| Deprecation and Amortization | 84,859.00 | 55,425.00 | 27,971.00 | -52,665.00 | 79,694.00 | 53,314.00 | 27,305.00 | -51,038.00 | 76,265.00 | 51,295.00 | 26,650.00 | -61,116.00 | 80,104.00 | 56,124.00 | 31,096.00 | -29,454.00 | 62,527.00 | 39,792.00 | 20,245.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 2,564.00 | 1,691.00 | 858.00 | -1,461.00 | 2,245.00 | 1,481.00 | 749.00 | -3,045.00 | 2,712.00 | 2,109.00 | 1,519.00 | -1,211.00 | 1,908.00 | 1,199.00 | 719.00 | -1,698.00 | 2,088.00 | 1,487.00 | 810.00 |
| Change in Working Capital | 4,918.00 | -3,995.00 | -2,134.00 | 14,982.00 | 1,941.00 | -7,065.00 | -3,518.00 | 9,006.00 | -1,305.00 | -6,618.00 | -2,431.00 | 36,440.00 | -6,718.00 | -16,338.00 | -12,089.00 | 11,775.00 | 12,358.00 | -2,270.00 | -711.00 |
| Other Operating Activities | -51,037.00 | 18,539.00 | 2,915.00 | -19,319.00 | 4,109.00 | 5,989.00 | 4,659.00 | 101,971.00 | -59,368.00 | -51,172.00 | -56,261.00 | -19,488.00 | 8,755.00 | 7,812.00 | 2,435.00 | 23,111.00 | -27,322.00 | -26,379.00 | -230.00 |
| Investing Cash Flow | -107,020.00 | -164,468.00 | -4,885.00 | 27,192.00 | -40,460.00 | -28,416.00 | -9,032.00 | -313,592.00 | 185,371.00 | 117,246.00 | 131,184.00 | 13,324.00 | -137,140.00 | -23,547.00 | -12,731.00 | 47,493.00 | -188,891.00 | -40,792.00 | -85,035.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41,777.00 | 0 | 0 | 0 | 122.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -121.00 | 124.00 | 20.00 | -154.00 | 117.00 | -117.00 | -171.00 | 3,071.00 | -1,086.00 | -731.00 | -834.00 | -191.00 | -798.00 | 56.00 | -288.00 | -35,757.00 | 17,939.00 | 13,035.00 | 5,285.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,093.00 | 9,093.00 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -106,899.00 | -164,592.00 | -4,905.00 | 27,346.00 | -40,577.00 | -28,299.00 | -8,861.00 | -358,440.00 | 186,457.00 | 117,977.00 | 132,018.00 | 31,579.00 | -136,342.00 | -32,696.00 | -21,536.00 | 83,250.00 | -206,830.00 | -53,827.00 | -90,320.00 |
| Financing Cash Flow | 73,984.00 | 118,838.00 | -15,613.00 | 11,070.00 | -31,145.00 | -12,705.00 | -10,892.00 | 281,558.00 | -222,485.00 | -164,387.00 | -107,037.00 | 51,722.00 | 45,916.00 | -34,499.00 | -21,770.00 | -25,648.00 | 148,418.00 | 16,546.00 | 75,196.00 |
| Net Issuance/Repayment of Debt | 568,386.00 | 321,145.00 | 90,318.00 | -133,467.00 | 213,522.00 | 102,237.00 | 72,283.00 | -26,195.00 | 312,084.00 | 241,865.00 | 62,703.00 | -33,811.00 | 231,926.00 | 118,911.00 | 58,154.00 | 139,664.00 | 470,987.00 | 349,605.00 | 186,326.00 |
| Net Issuance/Repurchase of Equity | 14,074.00 | 5,250.00 | 0 | 45,759.00 | 213,962.00 | 12,091.00 | 4,703.00 | -2,919.00 | 6,718.00 | 6,718.00 | 1,022.00 | -34,613.00 | 31,858.00 | 31,569.00 | 31,684.00 | -7,964.00 | 85,864.00 | 66,356.00 | 11,782.00 |
| Dividends Paid | 38,218.00 | 25,322.00 | 12,443.00 | -25,419.00 | 38,195.00 | 25,304.00 | 12,530.00 | -25,053.00 | 37,606.00 | 25,093.00 | 12,524.00 | -24,847.00 | 38,073.00 | 25,244.00 | 12,419.00 | -20,424.00 | 33,026.00 | 21,587.00 | 10,726.00 |
| Other Financing Activities | -546,694.00 | -232,879.00 | -118,374.00 | 124,197.00 | -496,824.00 | -152,337.00 | -100,408.00 | 335,725.00 | -578,893.00 | -438,063.00 | -183,286.00 | 144,993.00 | -255,941.00 | -210,223.00 | -124,027.00 | -136,924.00 | -441,459.00 | -421,002.00 | -133,638.00 |
| Net Change in Cash | 52,710.00 | 5,064.00 | 4,931.00 | -14,740.00 | 7,978.00 | 6,143.00 | 4,479.00 | -87,299.00 | 40,306.00 | -1,580.00 | 45,951.00 | 41,975.00 | -22,251.00 | -23,555.00 | -22,903.00 | 3,989.00 | 15,882.00 | 6,328.00 | 5,116.00 |
| Cash at Beginning of Period | 13,129.00 | 13,129.00 | 13,129.00 | 27,869.00 | 9,269.00 | 9,269.00 | 9,269.00 | 96,568.00 | 11,891.00 | 11,891.00 | 11,891.00 | -30,084.00 | 38,625.00 | 38,625.00 | 38,625.00 | 34,636.00 | 7,310.00 | 7,310.00 | 7,310.00 |
| Cash at End of Period | 65,839.00 | 18,193.00 | 18,060.00 | 13,129.00 | 17,247.00 | 15,412.00 | 13,748.00 | 9,269.00 | 52,197.00 | 10,311.00 | 57,842.00 | 11,891.00 | 16,374.00 | 15,070.00 | 15,722.00 | 38,625.00 | 23,192.00 | 13,638.00 | 12,426.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |