Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 16.91 11.93 4.83 8.26 22.74
Price to Sales 3.47 3.26 2.06 2.60 3.09
Book Value Per Common Share 17.68 17.25 15.90 23.34 11.13
Price to Book 1.44 1.48 1.54 0.81 1.02
Price to Operating Cash Flow 6.78 5.27 3.58 5.73 5.82
Price to Free Cash Flow
Enterprise Value to EBITDA 57585.91 50217.75 28287.35 42346.13 65971.32
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 13.36 18.80 42.50 21.58 34.64 59.32 17.01 21.81 27.89 6.91 11.31 35.96 24.25 34.21 41.69
Price to Sales 3.17 4.98 10.84 4.38 7.31 14.59 4.74 6.49 10.55 2.83 4.42 10.55 3.49 6.02 11.26
Book Value Per Common Share 19.34 19.18 18.81 17.54 17.47 17.45 16.89 16.66 16.55 15.80 15.13 14.47 5.82 5.76 5.78
Price to Book 1.22 1.32 1.54 1.37 1.53 1.60 1.60 1.52 1.48 1.65 1.71 1.86 2.29 2.32 2.31
Price to Operating Cash Flow 5.90 9.26 19.10 8.20 14.07 24.43 7.07 8.99 12.55 5.27 9.44 16.52 7.46 11.35 18.33
Price to Free Cash Flow
Enterprise Value to EBITDA 50024.49 76870.78 179677.71 72104.45 120584.65 235480.03 73290.60 99165.20 149035.61 40492.92 65328.59 188494.20 87644.52 128393.74 197543.85

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -29.44 -57.96 121.30 360.00
Revenue YoY -7.66 -37.84 159.24 150.23
EBITDA YoY -14.34 -44.43 206.34 228.58
Net Profit YoY -31.02 -60.02 251.04 477.47
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 31.11 98.53 44.16 63.83 37.07 31.82 65.79 204.00 749900.00 41.03 21.88
Revenue YoY 46.96 91.91 49.38 89.81 45.78 66.69 56.84 127.44 163.36 72.53 87.07
EBITDA YoY 43.58 106.09 49.58 85.81 44.09 54.13 62.38 174.55 20.17 46.53 53.95
Net Profit YoY 31.35 99.03 44.06 62.50 36.46 30.87 65.11 202.14 -7.22 39.99 24.11

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 2.75 1.26 0.85 2.06 0.35
Quick Ratio 2.63 1.08 1.59 1.70 0.91
Current Ratio 2.92 1.21 1.85 1.75 1.07
Debt to Equity 0.65 0.56 0.59 0.69 1.04
Long-Term Debt to Equity 0.56 0.44 0.50 0.58 0.87
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 0.13 0.25 0.25 1.13 1.77 2.05 1.12 1.11 1.27 0.97 1.31 1.79 0.19 0.40 0.44
Quick Ratio 0.75 0.92 0.82 1.49 1.31 1.41 0.96 1.54 1.45 1.55 1.65 1.53 0.77 0.90 1.18
Current Ratio 1.02 1.13 0.90 1.61 1.40 1.49 1.04 1.74 1.66 1.66 1.80 1.57 0.95 1.05 1.31
Debt to Equity 0.63 0.65 0.68 0.54 0.59 0.60 0.57 0.57 0.59 0.60 0.69 0.73 1.03 1.00 0.97
Long-Term Debt to Equity 0.53 0.55 0.57 0.46 0.47 0.47 0.44 0.50 0.50 0.49 0.56 0.59 0.83 0.84 0.84

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 5.18 7.96 20.17 5.82 4.43
ROE 8.54 12.46 32.08 9.82 9.05
Gross Margin 87.95 90.50 95.17 95.75 56.06
Operating Margin 26.57 37.22 55.49 42.62 20.18
EBITDA Margin 60.26 64.96 72.67 61.50 46.84
Net Profit Margin 20.53 27.48 42.73 31.55 13.67
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 5.62 4.28 2.15 4.09 2.75 1.68 6.01 4.46 3.36 14.94 8.90 2.99 4.64 3.40 2.78
ROE 9.16 7.05 3.63 6.32 4.39 2.69 9.45 6.99 5.35 23.94 15.05 5.17 9.44 6.82 5.48
Gross Margin 87.21 88.32 89.29 88.16 88.38 89.11 90.71 91.09 92.46 95.48 95.41 95.17 96.44 96.27 96.43
Operating Margin 33.31 36.73 35.22 27.42 28.35 31.82 37.26 39.67 50.03 53.78 51.15 38.60 21.30 25.91 37.09
EBITDA Margin 63.28 64.77 60.32 60.74 60.66 61.97 64.71 65.46 70.79 69.98 67.59 55.99 39.83 46.90 57.00
Net Profit Margin 23.72 26.54 25.60 20.28 21.03 24.56 28.00 29.91 38.10 41.08 39.02 29.37 14.38 17.73 26.72

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 21,625,000.00 20,415,000.00 20,154,000.00 19,900,000.00 4,523,532.00
   Current Assets 3,321,000.00 2,015,000.00 2,211,000.00 2,136,000.00 415,715.00
      Cash and Short-Term Investments 2,038,000.00 956,000.00 673,000.00 1,036,000.00 140,113.00
            Cash and Cash Equivalents 2,038,000.00 956,000.00 673,000.00 1,036,000.00 140,113.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 951,000.00 843,000.00 1,221,000.00 1,037,000.00 214,724.00
      Inventory 46,000.00 59,000.00 63,000.00 39,000.00 15,270.00
      Other Current Assets 286,000.00 157,000.00 254,000.00 24,000.00 45,608.00
   Non-Current Assets 18,304,000.00 18,400,000.00 17,943,000.00 17,764,000.00 4,107,817.00
      Property, Plant, Equipment Net 18,141,000.00 18,270,000.00 17,861,000.00 17,692,000.00 4,078,347.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 163,000.00 130,000.00 82,000.00 72,000.00 29,470.00
Liabilities 8,495,000.00 7,368,000.00 7,484,000.00 8,112,000.00 2,307,825.00
   Current Liabilities 1,136,000.00 1,660,000.00 1,193,000.00 1,220,000.00 390,226.00
      Payables and Expenses 1,136,000.00 1,085,000.00 1,193,000.00 1,061,000.00 202,226.00
            Account Payables 860,000.00 824,000.00 865,000.00 772,000.00 179,852.00
            Current Accrued Liabilities 276,000.00 261,000.00 328,000.00 289,000.00 22,374.00
      Short-Term Debt 0 1,715,000.00 114,000.00 0 753,332.00
      Other Current Liabilities 0.00 -1,140,000.00 -114,000.00 159,000.00 -565,332.00
   Non-Current Liabilities 7,359,000.00 5,708,000.00 6,291,000.00 6,892,000.00 1,917,599.00
      Long-Term Debt 10,465,000.00 4,622,000.00 2,181,000.00 6,253,163.00 2,916,327.00
      Other Non-Current Liabilities -3,106,000.00 1,086,000.00 4,110,000.00 638,837.00 -998,728.00
Equity 13,130,000.00 13,047,000.00 12,670,000.00 11,788,000.00 2,215,707.00
   Shareholders Equity 13,122,000.00 13,039,000.00 12,659,000.00 11,738,000.00 4,433,833.00
      Capital Stock 74,000.00 75,000.00 77,000.00 89,000.00 47,783.00
      Share Premium 7,179,000.00 7,587,000.00 7,933,000.00 10,911,000.00 1,804,354.00
      Retained Earnings 5,857,000.00 5,366,000.00 4,636,000.00 2,563,000.00 2,184,352.00
      Treasury Shares 0 0 0 1,826,000.00 1,823,201.00
      Accumulated Other Comprehensive Income 12,000.00 11,000.00 13,000.00 1,000.00 2,419.00
   Minority Interest 0 0 0 0 0
Investments 12,000.00 92,000.00 146,000.00 7,000.00 26,209.00
Debt 10,465,000.00 6,337,000.00 2,181,000.00 6,253,163.00 3,669,659.00
Net Debt 8,427,000.00 5,381,000.00 1,508,000.00 5,217,163.00 3,529,546.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 5,461,000.00 5,914,000.00 9,514,000.00 3,670,000.00 1,466,624.00
Cost Of Revenue 658,000.00 562,000.00 460,000.00 156,000.00 644,505.00
Gross Profit 4,803,000.00 5,352,000.00 9,054,000.00 3,514,000.00 822,119.00
Operating Expenses 3,414,000.00 3,198,000.00 3,845,000.00 1,950,000.00 526,643.00
   Selling, General and Administrative Expenses 573,000.00 574,000.00 762,000.00 353,000.00 120,480.00
   Other Operating Expenses 2,841,000.00 2,624,000.00 3,083,000.00 1,597,000.00 406,163.00
Operating Income 1,389,000.00 2,154,000.00 5,209,000.00 1,564,000.00 295,476.00
Net Non-Operating Income -44,000.00 -26,000.00 -40,000.00 -62,000.00 -53,608.00
Interest Income 168,000.00 120,000.00 40,000.00 0 0
Interest Expense 106,000.00 73,000.00 110,000.00 62,000.00 54,124.00
Net Interest 62,000.00 47,000.00 -70,000.00 -62,000.00 -54,124.00
EBT 1,345,000.00 2,128,000.00 5,169,000.00 1,502,000.00 241,868.00
Income Tax 224,000.00 503,000.00 1,104,000.00 344,000.00 40,764.00
Equity Method Investments Income 0 0 0 0 -118.00
Net Income 1,121,000.00 1,625,000.00 4,065,000.00 1,158,000.00 200,529.00
EBIT 1,451,000.00 2,201,000.00 5,279,000.00 1,564,000.00 295,992.00
Deprecation and Amortization 1,840,000.00 1,641,000.00 1,635,000.00 693,000.00 390,903.00
EBITDA 3,291,000.00 3,842,000.00 6,914,000.00 2,257,000.00 686,895.00
EPS 0.00 0.00 0.01 0.00 0.00
Diluted EPS 0.00 0.00 0.01 0.00 0.00
Average Shares Outstanding Basic 742,000.00 756,000.00 796,000.00 503,000.00 398,521.00
Average Shares Outstanding Diluted 745,000.00 760,000.00 799,000.00 504,000.00 400,522.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 2,795,000.00 3,658,000.00 5,456,000.00 1,667,000.00 778,235.00
   Operating Net Income 1,121,000.00 1,625,000.00 4,065,000.00 1,158,000.00 0
   Deprecation and Amortization 1,840,000.00 1,641,000.00 1,635,000.00 693,000.00 390,903.00
   Deferred Income Tax -145,000.00 74,000.00 235,000.00 126,000.00 71,777.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 277,000.00 -521,000.00 132,000.00 318,000.00 89,571.00
   Other Operating Activities -298,000.00 839,000.00 -611,000.00 -628,000.00 225,984.00
Investing Cash Flow -1,762,000.00 -2,059,000.00 -1,674,000.00 313,000.00 -584,478.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 9,000.00 40,000.00 36,000.00 8,000.00 828.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 1,033,000.00 35.00
   Other Investing Activities -1,771,000.00 -2,099,000.00 -1,710,000.00 -728,000.00 -585,341.00
Financing Cash Flow 279,000.00 -1,317,000.00 -4,145,000.00 -1,086,000.00 -255,849.00
   Net Issuance/Repayment of Debt 2,565,000.00 6,000.00 880,000.00 778,000.00 867,000.00
   Net Issuance/Repurchase of Equity 455,000.00 407,000.00 1,262,000.00 2,000.00 0
   Dividends Paid 625,000.00 890,000.00 1,992,000.00 780,000.00 159,390.00
   Other Financing Activities -3,366,000.00 -2,620,000.00 -8,279,000.00 -2,646,000.00 -1,282,239.00
Net Change in Cash 1,312,000.00 282,000.00 -363,000.00 894,000.00 -62,092.00
   Cash at Beginning of Period 965,000.00 683,000.00 1,046,000.00 152,000.00 213,783.00
   Cash at End of Period 2,277,000.00 965,000.00 683,000.00 1,046,000.00 151,691.00
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 24,007,000.00 23,982,000.00 23,951,000.00 21,625,000.00 20,126,000.00 20,764,000.00 20,953,000.00 20,415,000.00 20,101,000.00 19,879,000.00 20,139,000.00 20,154,000.00 20,305,000.00 20,647,000.00 20,327,000.00 19,900,000.00 4,730,697.00 4,610,567.00 4,550,852.00 4,523,532.00
   Current Assets 1,526,000.00 1,522,000.00 1,446,000.00 3,321,000.00 1,735,000.00 2,337,000.00 2,550,000.00 2,015,000.00 1,713,000.00 1,640,000.00 2,005,000.00 2,211,000.00 2,350,000.00 2,832,000.00 2,597,000.00 2,136,000.00 442,723.00 396,066.00 411,915.00 415,715.00
      Cash and Short-Term Investments 98,000.00 192,000.00 186,000.00 2,038,000.00 843,000.00 1,320,000.00 1,539,000.00 956,000.00 847,000.00 841,000.00 973,000.00 673,000.00 778,000.00 1,059,000.00 1,447,000.00 1,036,000.00 76,270.00 158,147.00 173,659.00 140,113.00
            Cash and Cash Equivalents 98,000.00 192,000.00 186,000.00 2,038,000.00 843,000.00 1,070,000.00 1,289,000.00 956,000.00 847,000.00 841,000.00 973,000.00 673,000.00 778,000.00 1,059,000.00 1,447,000.00 1,036,000.00 76,270.00 158,147.00 173,659.00 140,113.00
            Short-Term Investments 0 0 0 0 0 250,000.00 250,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,012,000.00 1,051,000.00 1,139,000.00 951,000.00 764,000.00 857,000.00 878,000.00 843,000.00 727,000.00 604,000.00 775,000.00 1,221,000.00 1,419,000.00 1,525,000.00 1,094,000.00 1,037,000.00 284,709.00 182,700.00 197,843.00 214,724.00
      Inventory 61,000.00 57,000.00 57,000.00 46,000.00 46,000.00 45,000.00 52,000.00 59,000.00 64,000.00 65,000.00 56,000.00 63,000.00 57,000.00 46,000.00 41,000.00 39,000.00 12,781.00 17,395.00 15,870.00 15,270.00
      Other Current Assets 355,000.00 222,000.00 64,000.00 286,000.00 82,000.00 115,000.00 81,000.00 157,000.00 75,000.00 130,000.00 201,000.00 254,000.00 96,000.00 202,000.00 15,000.00 24,000.00 68,963.00 37,824.00 24,543.00 45,608.00
   Non-Current Assets 22,481,000.00 22,460,000.00 22,505,000.00 18,304,000.00 18,391,000.00 18,427,000.00 18,403,000.00 18,400,000.00 18,388,000.00 18,239,000.00 18,134,000.00 17,943,000.00 17,955,000.00 17,815,000.00 17,730,000.00 17,764,000.00 4,287,974.00 4,214,501.00 4,138,937.00 4,107,817.00
      Property, Plant, Equipment Net 22,353,000.00 22,294,000.00 22,305,000.00 18,141,000.00 18,219,000.00 18,292,000.00 18,271,000.00 18,270,000.00 18,286,000.00 18,158,000.00 18,047,000.00 17,861,000.00 17,864,000.00 17,702,000.00 17,654,000.00 17,692,000.00 4,256,875.00 4,182,793.00 4,108,153.00 4,078,347.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 128,000.00 166,000.00 200,000.00 163,000.00 172,000.00 135,000.00 132,000.00 130,000.00 102,000.00 81,000.00 87,000.00 82,000.00 91,000.00 113,000.00 76,000.00 72,000.00 31,099.00 31,708.00 30,784.00 29,470.00
Liabilities 9,281,000.00 9,418,000.00 9,719,000.00 8,495,000.00 7,084,000.00 7,727,000.00 7,856,000.00 7,368,000.00 7,304,000.00 7,212,000.00 7,488,000.00 7,484,000.00 7,635,000.00 8,445,000.00 8,559,000.00 8,112,000.00 2,404,585.00 2,310,672.00 2,244,882.00 2,307,825.00
   Current Liabilities 1,489,000.00 1,352,000.00 1,608,000.00 1,136,000.00 1,080,000.00 1,665,000.00 1,709,000.00 1,660,000.00 1,640,000.00 941,000.00 1,209,000.00 1,193,000.00 1,415,000.00 1,570,000.00 1,659,000.00 1,220,000.00 466,010.00 378,684.00 315,092.00 390,226.00
      Payables and Expenses 1,239,000.00 1,352,000.00 1,517,000.00 1,136,000.00 1,080,000.00 1,090,000.00 1,085,000.00 1,085,000.00 974,000.00 941,000.00 1,128,000.00 1,193,000.00 1,319,000.00 1,276,000.00 1,109,000.00 1,061,000.00 253,116.00 201,485.00 195,197.00 202,226.00
            Account Payables 1,052,000.00 1,151,000.00 1,221,000.00 860,000.00 789,000.00 805,000.00 805,000.00 824,000.00 658,000.00 647,000.00 848,000.00 865,000.00 1,025,000.00 1,070,000.00 900,000.00 772,000.00 232,075.00 181,405.00 173,957.00 179,852.00
            Current Accrued Liabilities 187,000.00 201,000.00 296,000.00 276,000.00 291,000.00 285,000.00 280,000.00 261,000.00 316,000.00 294,000.00 280,000.00 328,000.00 294,000.00 206,000.00 209,000.00 289,000.00 21,041.00 20,080.00 21,240.00 22,374.00
      Short-Term Debt 748,000.00 96,000.00 115,000.00 0 0 1,722,000.00 1,718,000.00 1,715,000.00 1,709,000.00 115,000.00 116,000.00 114,000.00 176,000.00 499,000.00 75,000.00 0 100,000.00 400,444.00 488,900.00 753,332.00
      Other Current Liabilities -498,000.00 -96,000.00 -24,000.00 0.00 0.00 -1,147,000.00 -1,094,000.00 -1,140,000.00 -1,043,000.00 -115,000.00 -35,000.00 -114,000.00 -80,000.00 -205,000.00 475,000.00 159,000.00 112,894.00 -223,245.00 -369,005.00 -565,332.00
   Non-Current Liabilities 7,792,000.00 8,066,000.00 8,111,000.00 7,359,000.00 6,004,000.00 6,062,000.00 6,147,000.00 5,708,000.00 5,664,000.00 6,271,000.00 6,279,000.00 6,291,000.00 6,220,000.00 6,875,000.00 6,900,000.00 6,892,000.00 1,938,575.00 1,931,988.00 1,929,790.00 1,917,599.00
      Long-Term Debt 10,965,000.00 4,175,000.00 4,280,000.00 10,465,000.00 6,121,000.00 6,074,000.00 6,092,000.00 4,622,000.00 4,582,000.00 2,171,000.00 2,176,000.00 2,181,000.00 6,316,000.00 8,722,000.00 9,154,000.00 6,253,163.00 2,903,705.00 2,910,509.00 2,912,522.00 2,916,327.00
      Other Non-Current Liabilities -3,173,000.00 3,891,000.00 3,831,000.00 -3,106,000.00 -117,000.00 -12,000.00 55,000.00 1,086,000.00 1,082,000.00 4,100,000.00 4,103,000.00 4,110,000.00 -96,000.00 -1,847,000.00 -2,254,000.00 638,837.00 -965,130.00 -978,521.00 -982,732.00 -998,728.00
Equity 14,726,000.00 14,564,000.00 14,232,000.00 13,130,000.00 13,042,000.00 13,037,000.00 13,097,000.00 13,047,000.00 12,797,000.00 12,667,000.00 12,651,000.00 12,670,000.00 12,670,000.00 12,202,000.00 11,768,000.00 11,788,000.00 2,326,112.00 2,299,895.00 2,305,970.00 2,215,707.00
   Shareholders Equity 14,718,000.00 14,556,000.00 14,224,000.00 13,122,000.00 13,034,000.00 13,029,000.00 13,089,000.00 13,039,000.00 12,789,000.00 12,659,000.00 12,643,000.00 12,659,000.00 12,659,000.00 12,191,000.00 11,718,000.00 11,738,000.00 2,326,112.00 2,299,895.00 2,305,970.00 4,433,833.00
      Capital Stock 76,000.00 76,000.00 76,000.00 74,000.00 74,000.00 74,000.00 75,000.00 75,000.00 75,000.00 76,000.00 76,000.00 77,000.00 90,000.00 89,000.00 89,000.00 89,000.00 47,862.00 47,862.00 47,838.00 47,783.00
      Share Premium 7,931,000.00 7,920,000.00 7,929,000.00 7,179,000.00 7,233,000.00 7,324,000.00 7,445,000.00 7,587,000.00 7,601,000.00 7,639,000.00 7,679,000.00 7,933,000.00 10,992,000.00 10,976,000.00 10,927,000.00 10,911,000.00 1,823,373.00 1,815,770.00 1,808,232.00 1,804,354.00
      Retained Earnings 6,696,000.00 6,544,000.00 6,203,000.00 5,857,000.00 5,716,000.00 5,620,000.00 5,558,000.00 5,366,000.00 5,101,000.00 4,931,000.00 4,875,000.00 4,636,000.00 4,137,000.00 3,460,000.00 2,715,000.00 2,563,000.00 2,276,071.00 2,257,320.00 2,270,819.00 2,184,352.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 2,566,000.00 2,339,000.00 2,018,000.00 1,826,000.00 1,823,201.00 1,823,201.00 1,823,201.00 1,823,201.00
      Accumulated Other Comprehensive Income 15,000.00 16,000.00 16,000.00 12,000.00 11,000.00 11,000.00 11,000.00 11,000.00 12,000.00 13,000.00 13,000.00 13,000.00 6,000.00 5,000.00 5,000.00 1,000.00 2,007.00 2,144.00 2,282.00 2,419.00
   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 7,000.00 12,000.00 51,000.00 250,000.00 250,000.00 92,000.00 37,000.00 88,000.00 184,000.00 146,000.00 10,000.00 25,000.00 0 7,000.00 0 0 9,574.00 26,209.00
Debt 11,713,000.00 4,175,000.00 4,280,000.00 10,465,000.00 6,121,000.00 7,796,000.00 7,810,000.00 6,337,000.00 6,291,000.00 2,171,000.00 2,176,000.00 2,181,000.00 6,492,000.00 9,221,000.00 9,229,000.00 6,253,163.00 3,003,705.00 3,310,953.00 3,401,422.00 3,669,659.00
Net Debt 11,615,000.00 3,983,000.00 4,094,000.00 8,427,000.00 5,278,000.00 6,476,000.00 6,271,000.00 5,381,000.00 5,444,000.00 1,330,000.00 1,203,000.00 1,508,000.00 5,714,000.00 8,162,000.00 7,782,000.00 5,217,163.00 2,927,435.00 3,152,806.00 3,227,763.00 3,529,546.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 5,686,000.00 3,869,000.00 2,016,000.00 -2,755,000.00 4,063,000.00 2,720,000.00 1,433,000.00 -3,143,000.00 4,318,000.00 2,962,000.00 1,777,000.00 -4,648,000.00 7,384,000.00 4,708,000.00 2,070,000.00 785,992.00 1,526,384.00 884,706.00 472,918.00
Cost Of Revenue 727,000.00 452,000.00 216,000.00 -295,000.00 481,000.00 316,000.00 156,000.00 -237,000.00 401,000.00 264,000.00 134,000.00 -190,000.00 334,000.00 216,000.00 100,000.00 51,710.00 54,384.00 33,030.00 16,876.00
Gross Profit 4,959,000.00 3,417,000.00 1,800,000.00 -2,460,000.00 3,582,000.00 2,404,000.00 1,277,000.00 -2,906,000.00 3,917,000.00 2,698,000.00 1,643,000.00 -4,458,000.00 7,050,000.00 4,492,000.00 1,970,000.00 734,282.00 1,472,000.00 851,676.00 456,042.00
Operating Expenses 3,078,000.00 2,007,000.00 1,098,000.00 -1,610,000.00 2,519,000.00 1,668,000.00 837,000.00 -1,453,000.00 2,340,000.00 1,545,000.00 766,000.00 -2,546,000.00 3,136,000.00 2,084,000.00 1,171,000.00 -99,748.00 1,146,814.00 622,330.00 280,604.00
   Selling, General and Administrative Expenses 535,000.00 359,000.00 188,000.00 -259,000.00 412,000.00 271,000.00 149,000.00 -295,000.00 424,000.00 283,000.00 162,000.00 -366,000.00 577,000.00 368,000.00 183,000.00 123,374.00 134,485.00 61,181.00 33,960.00
   Other Operating Expenses 2,543,000.00 1,648,000.00 910,000.00 -1,351,000.00 2,107,000.00 1,397,000.00 688,000.00 -1,158,000.00 1,916,000.00 1,262,000.00 604,000.00 -2,180,000.00 2,559,000.00 1,716,000.00 988,000.00 -223,122.00 1,012,329.00 561,149.00 246,644.00
Operating Income 1,881,000.00 1,410,000.00 702,000.00 -850,000.00 1,063,000.00 736,000.00 440,000.00 -1,453,000.00 1,577,000.00 1,153,000.00 877,000.00 -1,912,000.00 3,914,000.00 2,408,000.00 799,000.00 834,030.00 325,186.00 229,346.00 175,438.00
Net Non-Operating Income -143,000.00 -95,000.00 -45,000.00 3,000.00 -26,000.00 -18,000.00 -3,000.00 8,000.00 -18,000.00 -11,000.00 -5,000.00 56,000.00 -33,000.00 -42,000.00 -21,000.00 13,101.00 -37,651.00 -25,027.00 -12,423.00
Interest Income 168,000.00 116,000.00 61,000.00 -83,000.00 128,000.00 88,000.00 35,000.00 -46,000.00 82,000.00 55,000.00 29,000.00 9,000.00 31,000.00 0 0 0 0 0 0
Interest Expense 156,000.00 106,000.00 53,000.00 -43,000.00 77,000.00 53,000.00 19,000.00 -27,000.00 50,000.00 33,000.00 17,000.00 -43,000.00 90,000.00 42,000.00 21,000.00 -12,824.00 37,512.00 24,935.00 12,377.00
Net Interest 12,000.00 10,000.00 8,000.00 -40,000.00 51,000.00 35,000.00 16,000.00 -19,000.00 32,000.00 22,000.00 12,000.00 52,000.00 -59,000.00 -42,000.00 -21,000.00 12,824.00 -37,512.00 -24,935.00 -12,377.00
EBT 1,738,000.00 1,315,000.00 657,000.00 -847,000.00 1,037,000.00 718,000.00 437,000.00 -1,445,000.00 1,559,000.00 1,142,000.00 872,000.00 -1,856,000.00 3,881,000.00 2,366,000.00 778,000.00 847,131.00 287,535.00 204,319.00 163,015.00
Income Tax 389,000.00 288,000.00 141,000.00 -220,000.00 213,000.00 146,000.00 85,000.00 -298,000.00 350,000.00 256,000.00 195,000.00 -443,000.00 848,000.00 529,000.00 170,000.00 191,835.00 68,003.00 47,501.00 36,661.00
Net Income 1,349,000.00 1,027,000.00 516,000.00 -627,000.00 824,000.00 572,000.00 352,000.00 -1,147,000.00 1,209,000.00 886,000.00 677,000.00 -1,413,000.00 3,033,000.00 1,837,000.00 608,000.00 655,296.00 219,532.00 156,818.00 126,354.00
EBIT 1,894,000.00 1,421,000.00 710,000.00 -890,000.00 1,114,000.00 771,000.00 456,000.00 -1,472,000.00 1,609,000.00 1,175,000.00 889,000.00 -1,899,000.00 3,971,000.00 2,408,000.00 799,000.00 834,307.00 325,047.00 229,254.00 175,392.00
Deprecation and Amortization 1,704,000.00 1,085,000.00 506,000.00 -825,000.00 1,354,000.00 879,000.00 432,000.00 -677,000.00 1,185,000.00 764,000.00 369,000.00 -695,000.00 1,196,000.00 774,000.00 360,000.00 130,169.00 282,986.00 185,697.00 94,148.00
EBITDA 3,598,000.00 2,506,000.00 1,216,000.00 -1,715,000.00 2,468,000.00 1,650,000.00 888,000.00 -2,149,000.00 2,794,000.00 1,939,000.00 1,258,000.00 -2,594,000.00 5,167,000.00 3,182,000.00 1,159,000.00 964,476.00 608,033.00 414,951.00 269,540.00
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 761,000.00 759,000.00 756,000.00 729,000.00 743,000.00 746,000.00 750,000.00 743,000.00 757,000.00 760,000.00 764,000.00 767,000.00 801,000.00 806,000.00 810,000.00 814,065.00 399,459.00 399,355.00 399,121.00
Average Shares Outstanding Diluted 764,000.00 762,000.00 761,000.00 724,000.00 749,000.00 752,000.00 755,000.00 746,000.00 762,000.00 764,000.00 768,000.00 768,000.00 805,000.00 809,000.00 814,000.00 810,526.00 401,923.00 401,740.00 401,811.00
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 3,051,000.00 2,080,000.00 1,144,000.00 -1,644,000.00 2,169,000.00 1,414,000.00 856,000.00 -2,874,000.00 2,898,000.00 2,140,000.00 1,494,000.00 -2,039,000.00 3,972,000.00 2,201,000.00 1,322,000.00 192,341.00 714,663.00 469,469.00 290,527.00
   Operating Net Income 1,349,000.00 1,027,000.00 516,000.00 -627,000.00 824,000.00 572,000.00 352,000.00 -1,147,000.00 1,209,000.00 886,000.00 677,000.00 -1,413,000.00 3,033,000.00 1,837,000.00 608,000.00 655,296.00 219,532.00 156,818.00 126,354.00
   Deprecation and Amortization 1,704,000.00 1,085,000.00 506,000.00 -825,000.00 1,354,000.00 879,000.00 432,000.00 -677,000.00 1,185,000.00 764,000.00 369,000.00 -695,000.00 1,196,000.00 774,000.00 360,000.00 130,169.00 282,986.00 185,697.00 94,148.00
   Deferred Income Tax 285,000.00 61,000.00 11,000.00 -40,000.00 -60,000.00 -23,000.00 -22,000.00 5,000.00 19,000.00 27,000.00 23,000.00 -30,000.00 128,000.00 101,000.00 36,000.00 82,405.00 16,529.00 14,695.00 12,371.00
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -528,000.00 -235,000.00 87,000.00 53,000.00 43,000.00 56,000.00 125,000.00 1,552,000.00 -624,000.00 -926,000.00 -523,000.00 -937,000.00 447,000.00 420,000.00 202,000.00 298,846.00 74,729.00 -54,310.00 -1,265.00
   Other Operating Activities 241,000.00 142,000.00 24,000.00 -205,000.00 8,000.00 -70,000.00 -31,000.00 -2,607,000.00 1,109,000.00 1,389,000.00 948,000.00 1,036,000.00 -832,000.00 -931,000.00 116,000.00 -974,375.00 120,887.00 166,569.00 58,919.00
Investing Cash Flow -5,033,000.00 -4,370,000.00 -3,728,000.00 1,461,000.00 -1,327,000.00 -1,188,000.00 -708,000.00 1,057,000.00 -1,589,000.00 -1,048,000.00 -479,000.00 519,000.00 -1,183,000.00 -741,000.00 -269,000.00 1,170,073.00 -458,721.00 -274,827.00 -123,525.00
   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 4,000.00 0 0.00 8,000.00 1,000.00 0 -38,000.00 40,000.00 33,000.00 5,000.00 8,000.00 22,000.00 4,000.00 2,000.00 7,477.00 319.00 112.00 92.00
   Net Purchase/Sale of Investments Net 2,000.00 3,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 3,238,000.00 3,222,000.00 3,219,000.00 0 0 0 0 0 0 0 0 0 0 0 0 1,033,000.00 0 0 0
   Other Investing Activities -8,273,000.00 -7,599,000.00 -6,947,000.00 1,461,000.00 -1,335,000.00 -1,189,000.00 -708,000.00 1,095,000.00 -1,629,000.00 -1,081,000.00 -484,000.00 511,000.00 -1,205,000.00 -745,000.00 -271,000.00 129,596.00 -459,040.00 -274,939.00 -123,617.00
Financing Cash Flow -192,000.00 229,000.00 528,000.00 1,165,000.00 -959,000.00 -112,000.00 185,000.00 1,459,000.00 -1,136,000.00 -925,000.00 -715,000.00 981,000.00 -3,047,000.00 -1,437,000.00 -642,000.00 -453,743.00 -321,382.00 -177,419.00 -133,456.00
   Net Issuance/Repayment of Debt 3,092,000.00 2,400,000.00 1,250,000.00 489,000.00 1,074,000.00 502,000.00 500,000.00 -3,000.00 4,000.00 3,000.00 2,000.00 41,000.00 834,000.00 3,000.00 2,000.00 214,000.00 388,000.00 88,000.00 88,000.00
   Net Issuance/Repurchase of Equity 51,000.00 47,000.00 24,000.00 -387,000.00 401,000.00 291,000.00 150,000.00 -572,000.00 386,000.00 325,000.00 268,000.00 -176,000.00 751,000.00 497,000.00 190,000.00 2,000.00 0 0 0
   Dividends Paid 514,000.00 346,000.00 178,000.00 -317,000.00 470,000.00 314,000.00 158,000.00 -873,000.00 739,000.00 588,000.00 436,000.00 -863,000.00 1,459,000.00 940,000.00 456,000.00 528,450.00 127,813.00 83,850.00 39,887.00
   Other Financing Activities -3,849,000.00 -2,564,000.00 -924,000.00 1,380,000.00 -2,904,000.00 -1,219,000.00 -623,000.00 2,907,000.00 -2,265,000.00 -1,841,000.00 -1,421,000.00 1,979,000.00 -6,091,000.00 -2,877,000.00 -1,290,000.00 -1,198,193.00 -837,195.00 -349,269.00 -261,343.00
Net Change in Cash -2,174,000.00 -2,061,000.00 -2,056,000.00 982,000.00 -117,000.00 114,000.00 333,000.00 -358,000.00 173,000.00 167,000.00 300,000.00 -539,000.00 -258,000.00 23,000.00 411,000.00 908,671.00 -65,440.00 17,223.00 33,546.00
   Cash at Beginning of Period 2,277,000.00 2,277,000.00 2,277,000.00 1,295,000.00 965,000.00 965,000.00 965,000.00 1,323,000.00 683,000.00 683,000.00 683,000.00 1,222,000.00 1,046,000.00 1,046,000.00 1,046,000.00 137,329.00 151,691.00 151,691.00 151,691.00
   Cash at End of Period 103,000.00 216,000.00 221,000.00 2,277,000.00 848,000.00 1,079,000.00 1,298,000.00 965,000.00 856,000.00 850,000.00 983,000.00 683,000.00 788,000.00 1,069,000.00 1,457,000.00 1,046,000.00 86,251.00 168,914.00 185,237.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0