CUZ

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 102.13 44.27 22.78 21.54
Price to Sales 5.49 4.57 4.94 7.80
Book Value Per Common Share 33.31 33.12 33.61 31.85 32.79
Price to Book 0.92 0.74 0.75 1.26
Price to Operating Cash Flow 11.74 10.03 10.40 15.38
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 111.31 143.00 245.83 140.38 165.36 267.11 48.50 76.00 142.53 24.58 69.60 212.05 49.72 94.31 176.75
Price to Sales 6.57 10.28 19.78 7.05 8.28 17.30 5.07 8.47 15.99 6.10 11.61 31.98 9.63 14.31 27.36
Book Value Per Common Share 33.24 32.97 33.19 33.31 33.82 32.91 33.09 33.12 33.31 33.47 33.95 33.61 32.98 32.24 32.10 31.85 31.87 31.85 31.88 32.79
Price to Book 0.87 0.91 0.89 0.92 0.87 0.70 0.73 0.74 0.61 0.68 0.63 0.75 0.71 0.91 1.25 1.26 1.17 1.15 1.11
Price to Operating Cash Flow 16.88 30.13 110.61 16.53 22.88 129.11 11.13 21.47 122.31 12.83 27.58 248.40 18.57 32.60 146.86
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 -45.45 -50.45 -40.64 16.88
Revenue YoY 6.03 5.15 0.08 2.35
EBITDA YoY
Net Profit YoY -44.60 -50.26 -40.13 17.41
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 2020-12-31
Earning YoY 23.81 75.00 50.00 55.56 40.00 100.00 126.19 121.05 189900.00 92.31 95.00
Revenue YoY 50.91 95.93 49.58 101.29 49.15 101.43 52.81 99.94 50.66 98.89
EBITDA YoY
Net Profit YoY 24.28 69.31 53.00 59.00 43.20 101.91 129.99 121.68 -65.42 94.33 96.71

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.05 0.04 0.03 0.06 0.03
Quick Ratio
Current Ratio
Debt to Equity 0.84 0.54 0.52 0.51 0.50
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 0.03 2.48 0.03 0.04 0.50 0.04 0.04 0.04 0.05 0.05 0.02 0.03 0.04 0.03 0.05 0.06 0.04 0.07 0.10 0.03
Quick Ratio
Current Ratio
Debt to Equity 0.87 0.91 0.83 0.84 0.56 0.56 0.55 0.54 0.53 0.53 0.53 0.52 0.52 0.49 0.51 0.51 0.51 0.44 0.46 0.50
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.45 0.94 1.98 3.45 2.79
ROE 0.82 1.45 3.02 5.20 4.18
Gross Margin -31.80 67.03 66.38 66.21 66.56
Operating Margin
EBITDA Margin
Net Profit Margin 5.36 10.27 21.71 36.28 31.63
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 0.42 0.33 0.20 0.35 0.24 0.15 0.74 0.52 0.26 1.71 0.74 0.34 1.33 0.71 0.35
ROE 0.78 0.64 0.37 0.54 0.37 0.23 1.12 0.79 0.39 2.60 1.11 0.52 2.01 1.02 0.51
Gross Margin -26.46 -24.73 -24.51 67.32 66.65 66.33 66.65 66.13 64.87 66.16 66.08 65.38 66.03 65.94 65.43
Operating Margin
EBITDA Margin
Net Profit Margin 5.94 7.21 8.35 5.09 4.97 6.30 10.54 10.97 10.95 24.92 16.56 14.93 19.34 14.99 15.16

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 10,329,634.00 8,814,074.00 8,404,660.00 8,072,126.00 8,499,304.00
      Cash and Short-Term Investments 7,349.00 6,047.00 5,145.00 8,937.00 4,290.00
            Cash and Cash Equivalents 7,349.00 6,047.00 5,145.00 8,937.00 4,290.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 232,078.00 209,370.00 184,043.00 154,866.00 138,341.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 45,200.00 45,500.00 45,800.00 46,100.00 55,800.00
      Real Estate 15,725,920.00 13,970,682.00 13,857,938.00 13,521,107.00 12,742,276.00
      Goodwill 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 185,478.00 143,831.00 112,839.00 77,811.00 125,481.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 4,721,631.00 3,086,161.00 2,890,067.00 2,711,634.00 2,821,560.00
      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 5,608,003.00 5,727,913.00 5,514,593.00 5,360,492.00 5,677,744.00
   Shareholders Equity 5,584,514.00 5,027,565.00 5,091,068.00 4,818,356.00 4,955,506.00
      Capital Stock 167,660.00 154,336.00 154,019.00 151,273.00 151,149.00
      Share Premium 5,959,670.00 5,638,709.00 5,630,327.00 5,549,308.00 5,542,762.00
      Retained Earnings 0 0 0 0 0
      Treasury Shares 0 145,696.00 147,157.00 148,473.00 148,473.00
      Accumulated Other Comprehensive Income -105.00 2,192.00 1,767.00 0 0
   Minority Interest 23,489.00 24,162.00 21,285.00 33,630.00 28,404.00
Investments 185,478.00 143,831.00 112,839.00 77,811.00 125,481.00
Debt 3,543,566.00 2,984,627.00 2,869,806.00 2,899,009.00 2,840,619.00
Net Debt 3,536,217.00 2,978,580.00 2,864,661.00 2,890,072.00 2,836,329.00
Common Shares Outstanding 167,660.48 151,799.21 151,457.19 151,272.97 151,149.29
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 856,758.00 808,008.00 768,448.00 767,856.00 750,217.00
Cost Of Revenue 1,129,224.00 266,434.00 258,371.00 259,461.00 250,850.00
Gross Profit -272,466.00 541,574.00 510,077.00 508,395.00 499,367.00
Operating Expenses -842,790.00 10,480.00 7,877.00 14,675.00 13,333.00
   Selling, General and Administrative Expenses 36,566.00 32,331.00 28,319.00 29,321.00 27,034.00
   Other Operating Expenses -879,356.00 -21,851.00 -20,442.00 -14,646.00 -13,701.00
Operating Income 570,324.00 531,094.00 502,200.00 493,720.00 486,034.00
Interest Expense 122,476.00 105,463.00 72,537.00 67,027.00 60,605.00
EBT 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00
Equity Method Investments Income -2,796.00 2,299.00 7,700.00 6,801.00 7,947.00
Net Income Including Non-Controlling Interests 45,343.00 82,110.00 166,141.00 278,176.00 236,442.00
Net Income Non-Controlling Interests 619.00 853.00 652.00 410.00 836.00
Net Income 45,962.00 82,963.00 166,793.00 278,586.00 237,278.00
Deprecation and Amortization 365,045.00 314,897.00 295,587.00 288,092.00 288,648.00
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 153,413.00 151,714.00 150,113.00 148,666.00 148,277.00
Average Shares Outstanding Diluted 154,015.00 152,040.00 150,419.00 148,891.00 148,636.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 400,233.00 368,362.00 365,166.00 389,478.00 351,088.00
   Operating Net Income 139,124.00 250,595.00 501,683.00 836,578.00 713,506.00
   Deprecation and Amortization 365,045.00 314,897.00 295,587.00 288,092.00 288,648.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 26,334.00 16,198.00 -10,892.00 4,730.00 -2,906.00
   Other Operating Activities -130,270.00 -213,328.00 -421,212.00 -739,922.00 -648,160.00
Investing Cash Flow -1,305,402.00 -295,735.00 -334,499.00 -191,066.00 -132,463.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 252,731.00 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 51,496.00 35,388.00 90,725.00 171,243.00 57,886.00
   Other Investing Activities -1,609,629.00 -331,123.00 -425,224.00 -362,309.00 -190,349.00
Financing Cash Flow 906,471.00 -71,725.00 -35,690.00 -194,382.00 -230,095.00
   Net Issuance/Repayment of Debt 1,621,068.00 254,400.00 1,000,600.00 1,568,869.00 633,300.00
   Net Issuance/Repurchase of Equity 468,004.00 443.00 103,634.00 0 0
   Dividends Paid 195,413.00 194,348.00 192,275.00 182,840.00 176,263.00
   Other Financing Activities -1,378,014.00 -520,916.00 -1,332,199.00 -1,946,091.00 -1,039,658.00
Net Change in Cash 1,302.00 902.00 -5,023.00 4,030.00 -11,470.00
   Cash at Beginning of Period 6,047.00 5,145.00 10,168.00 6,138.00 17,608.00
   Cash at End of Period 7,349.00 6,047.00 5,145.00 10,168.00 6,138.00
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 10,480,051.00 10,610,501.00 10,211,746.00 10,329,634.00 9,295,521.00 8,991,530.00 8,922,931.00 8,814,074.00 8,718,263.00 8,670,993.00 8,591,084.00 8,404,660.00 8,325,076.00 8,330,602.00 8,204,147.00 8,072,126.00 8,351,218.00 8,115,804.00 8,280,892.00 8,499,304.00
      Cash and Short-Term Investments 4,675.00 416,840.00 5,330.00 7,349.00 76,143.00 5,954.00 5,452.00 6,047.00 6,926.00 8,031.00 3,585.00 5,145.00 5,507.00 4,057.00 7,000.00 8,937.00 5,532.00 9,792.00 14,576.00 4,290.00
            Cash and Cash Equivalents 4,675.00 416,840.00 5,330.00 7,349.00 76,143.00 5,954.00 5,452.00 6,047.00 6,926.00 8,031.00 3,585.00 5,145.00 5,507.00 4,057.00 7,000.00 8,937.00 5,532.00 9,792.00 14,576.00 4,290.00
            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 263,867.00 255,119.00 244,286.00 232,078.00 226,299.00 221,268.00 217,926.00 209,370.00 203,561.00 196,349.00 192,713.00 184,043.00 175,511.00 166,654.00 160,501.00 154,866.00 152,278.00 146,712.00 145,433.00 138,341.00
      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 45,200.00 0 0 0 45,500.00 0 0 0 45,800.00 0 0 0 46,100.00 0 0 0 55,800.00
      Real Estate 16,055,944.00 15,649,319.00 15,715,249.00 15,725,920.00 13,966,639.00 13,989,867.00 14,029,148.00 13,970,682.00 13,868,857.00 13,887,753.00 13,886,414.00 13,857,938.00 13,824,763.00 13,599,348.00 13,565,322.00 13,521,107.00 12,805,422.00 12,217,040.00 12,714,443.00 12,742,276.00
      Goodwill 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00 1,674.00
      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 215,507.00 192,420.00 191,505.00 185,478.00 182,130.00 160,873.00 155,210.00 143,831.00 141,250.00 138,992.00 136,721.00 112,839.00 106,389.00 103,215.00 93,307.00 77,811.00 111,351.00 112,718.00 113,353.00 125,481.00
      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 4,873,580.00 5,053,280.00 4,618,501.00 4,721,631.00 3,330,933.00 3,223,024.00 3,168,021.00 3,086,161.00 3,008,003.00 2,991,487.00 2,961,934.00 2,890,067.00 2,830,356.00 2,747,429.00 2,777,450.00 2,711,634.00 2,805,422.00 2,478,566.00 2,624,934.00 2,821,560.00
      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 5,606,471.00 5,557,221.00 5,593,245.00 5,608,003.00 5,964,588.00 5,768,506.00 5,754,910.00 5,727,913.00 5,710,260.00 5,679,506.00 5,629,150.00 5,514,593.00 5,494,720.00 5,583,173.00 5,426,697.00 5,360,492.00 5,545,796.00 5,637,238.00 5,655,958.00 5,677,744.00
   Shareholders Equity 5,583,585.00 5,534,139.00 5,569,924.00 5,584,514.00 5,145,527.00 5,006,600.00 5,031,295.00 5,027,565.00 5,055,145.00 5,080,115.00 5,150,626.00 5,091,068.00 5,078,899.00 4,965,667.00 4,859,025.00 4,818,356.00 4,820,596.00 4,817,587.00 4,821,155.00 4,955,506.00
      Capital Stock 167,965.00 167,968.00 167,908.00 167,660.00 152,140.00 152,140.00 152,072.00 154,336.00 154,336.00 154,336.00 154,256.00 154,019.00 154,019.00 154,025.00 151,349.00 151,273.00 151,273.00 151,273.00 151,240.00 151,149.00
      Share Premium 5,968,470.00 5,965,497.00 5,960,578.00 5,959,670.00 5,504,035.00 5,500,937.00 5,496,371.00 5,638,709.00 5,637,406.00 5,634,996.00 5,631,076.00 5,630,327.00 5,628,951.00 5,627,133.00 5,550,718.00 5,549,308.00 5,547,808.00 5,546,336.00 5,543,549.00 5,542,762.00
      Retained Earnings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Treasury Shares 0 0 0 0 0 0 0 145,696.00 147,157.00 147,157.00 147,157.00 147,157.00 148,473.00 148,473.00 148,473.00 148,473.00 148,473.00 148,473.00 148,473.00 148,473.00
      Accumulated Other Comprehensive Income 0 0 0 -105.00 -102.00 2,767.00 3,187.00 2,192.00 5,723.00 5,565.00 537.00 1,767.00 -652.00 0 0 0 0 0 0 0
   Minority Interest 22,888.00 23,082.00 23,321.00 23,489.00 23,629.00 23,882.00 24,089.00 24,162.00 22,595.00 22,927.00 22,018.00 21,285.00 20,359.00 20,600.00 35,002.00 33,630.00 32,450.00 31,541.00 30,293.00 28,404.00
Investments 215,507.00 192,420.00 191,505.00 185,478.00 182,130.00 160,873.00 155,210.00 143,831.00 141,250.00 138,992.00 136,721.00 112,839.00 106,389.00 103,215.00 93,307.00 77,811.00 111,351.00 112,718.00 113,353.00 125,481.00
Debt 3,752,183.00 3,921,261.00 3,466,941.00 3,543,566.00 3,181,892.00 3,253,632.00 3,088,232.00 2,984,627.00 2,418,403.00 2,423,761.00 2,448,942.00 2,869,806.00 2,295,989.00 2,305,637.00 2,349,484.00 2,899,009.00 2,047,599.00 2,050,173.00 2,350,392.00 2,840,619.00
Net Debt 3,747,508.00 3,504,421.00 3,461,611.00 3,536,217.00 3,105,749.00 3,247,678.00 3,082,780.00 2,978,580.00 2,411,477.00 2,415,730.00 2,445,357.00 2,864,661.00 2,290,482.00 2,301,580.00 2,342,484.00 2,890,072.00 2,042,067.00 2,040,381.00 2,335,816.00 2,836,329.00
Common Shares Outstanding 167,965.50 0 0 167,660.48 152,140.19 152,140.19 152,071.72 151,799.21 151,773.77 151,774.47 151,693.86 151,457.19 154,019.21 154,024.95 151,348.63 151,272.97 151,272.97 151,272.97 151,239.77 151,149.29
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 740,130.00 490,456.00 250,328.00 -414,775.00 635,561.00 424,887.00 211,085.00 -412,158.00 609,079.00 408,359.00 202,728.00 -366,089.00 572,500.00 374,652.00 187,385.00 -381,603.00 575,462.00 381,953.00 192,044.00
Cost Of Revenue 935,985.00 611,723.00 311,679.00 708,726.00 207,714.00 141,709.00 71,075.00 -146,241.00 203,150.00 138,312.00 71,213.00 -127,324.00 193,725.00 127,093.00 64,877.00 -132,510.00 195,465.00 130,111.00 66,395.00
Gross Profit -195,855.00 -121,267.00 -61,351.00 -1,123,501.00 427,847.00 283,178.00 140,010.00 -265,917.00 405,929.00 270,047.00 131,515.00 -238,765.00 378,775.00 247,559.00 122,508.00 -249,093.00 379,997.00 251,842.00 125,649.00
Operating Expenses -696,966.00 -453,196.00 -226,579.00 -853,244.00 5,831.00 3,238.00 1,385.00 -8,031.00 9,065.00 8,067.00 1,379.00 -6,642.00 6,717.00 4,901.00 2,901.00 -3,883.00 10,020.00 6,013.00 2,525.00
   Selling, General and Administrative Expenses 29,957.00 20,447.00 10,709.00 -18,094.00 27,325.00 18,121.00 9,214.00 -17,361.00 24,795.00 16,459.00 8,438.00 -16,360.00 21,557.00 15,059.00 8,063.00 -13,472.00 22,014.00 14,046.00 6,733.00
   Other Operating Expenses -726,923.00 -473,643.00 -237,288.00 -835,150.00 -21,494.00 -14,883.00 -7,829.00 9,330.00 -15,730.00 -8,392.00 -7,059.00 9,718.00 -14,840.00 -10,158.00 -5,162.00 9,589.00 -11,994.00 -8,033.00 -4,208.00
Operating Income 501,111.00 331,929.00 165,228.00 -270,257.00 422,016.00 279,940.00 138,625.00 -257,886.00 396,864.00 261,980.00 130,136.00 -232,123.00 372,058.00 242,658.00 119,607.00 -245,210.00 369,977.00 245,829.00 123,124.00
Interest Expense 116,785.00 75,288.00 36,774.00 -54,507.00 89,424.00 58,651.00 28,908.00 -48,579.00 78,010.00 51,002.00 25,030.00 -25,516.00 50,454.00 32,074.00 15,525.00 -34,618.00 50,573.00 33,864.00 17,208.00
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
Equity Method Investments Income -6,152.00 -3,470.00 -1,883.00 -3,143.00 -788.00 787.00 348.00 -1,808.00 2,008.00 1,426.00 673.00 -6,866.00 7,038.00 6,404.00 1,124.00 -4,626.00 5,826.00 3,698.00 1,903.00
Net Income Including Non-Controlling Interests 43,411.00 35,009.00 20,701.00 -20,510.00 31,884.00 20,844.00 13,125.00 -47,559.00 63,432.00 44,201.00 22,036.00 -65,663.00 142,254.00 61,745.00 27,805.00 81,057.00 111,055.00 57,155.00 28,909.00
Net Income Non-Controlling Interests 559.00 371.00 196.00 -270.00 442.00 284.00 163.00 -669.00 746.00 616.00 160.00 -239.00 421.00 291.00 179.00 -125.00 226.00 108.00 201.00
Net Income 43,970.00 35,380.00 20,897.00 -20,780.00 32,326.00 21,128.00 13,288.00 -48,228.00 64,178.00 44,817.00 22,196.00 -65,902.00 142,675.00 62,036.00 27,984.00 80,932.00 111,281.00 57,263.00 29,110.00
Deprecation and Amortization 308,276.00 203,004.00 102,114.00 -174,259.00 271,429.00 181,645.00 86,230.00 -152,443.00 235,531.00 156,039.00 75,770.00 -135,483.00 219,721.00 140,605.00 70,744.00 -139,503.00 214,399.00 142,326.00 70,870.00
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 167,902.00 167,870.00 167,809.00 157,627.00 152,060.00 152,020.00 151,945.00 151,935.00 151,692.00 151,650.00 151,579.00 153,255.00 149,670.00 148,788.00 148,739.00 148,737.00 148,659.00 148,644.00 148,624.00
Average Shares Outstanding Diluted 168,698.00 168,679.00 168,593.00 158,571.00 152,604.00 152,500.00 152,385.00 152,259.00 152,018.00 152,003.00 151,880.00 153,638.00 149,946.00 149,090.00 149,002.00 149,380.00 148,743.00 148,716.00 148,725.00
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 287,803.00 167,312.00 44,758.00 -53,061.00 271,195.00 153,807.00 28,292.00 -96,721.00 277,518.00 161,071.00 26,494.00 -88,996.00 272,348.00 157,689.00 24,125.00 -112,576.00 298,587.00 167,690.00 35,777.00
   Operating Net Income 133,028.00 106,882.00 63,083.00 -62,880.00 97,862.00 63,952.00 40,190.00 -146,022.00 194,026.00 135,683.00 66,908.00 -198,184.00 428,867.00 186,690.00 84,310.00 242,546.00 334,295.00 172,005.00 87,732.00
   Deprecation and Amortization 308,276.00 203,004.00 102,114.00 -174,259.00 271,429.00 181,645.00 86,230.00 -152,443.00 235,531.00 156,039.00 75,770.00 -135,483.00 219,721.00 140,605.00 70,744.00 -139,503.00 214,399.00 142,326.00 70,870.00
   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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -11,434.00 -28,425.00 -46,767.00 81,350.00 3,279.00 -8,403.00 -49,892.00 56,865.00 15,033.00 -6,867.00 -48,833.00 70,046.00 -10,575.00 -24,416.00 -45,947.00 46,856.00 11,498.00 -15,044.00 -38,580.00
   Other Operating Activities -142,067.00 -114,149.00 -73,672.00 102,728.00 -101,375.00 -83,387.00 -48,236.00 144,879.00 -167,072.00 -123,784.00 -67,351.00 174,625.00 -365,665.00 -145,190.00 -84,982.00 -262,475.00 -261,605.00 -131,597.00 -84,245.00
Investing Cash Flow -335,512.00 -25,411.00 87,116.00 -786,297.00 -253,879.00 -181,275.00 -83,951.00 159,877.00 -212,094.00 -149,671.00 -93,847.00 200,744.00 -248,432.00 -193,346.00 -93,465.00 -140,244.00 -51,406.00 36,356.00 -35,772.00
   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 0 252,731.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 37,660.00 11,506.00 8,528.00 -18,770.00 41,119.00 17,513.00 11,634.00 -43,576.00 28,681.00 26,299.00 23,984.00 -30,877.00 74,024.00 31,892.00 15,686.00 57,012.00 113,181.00 699.00 351.00
   Other Investing Activities -373,172.00 -36,917.00 78,588.00 -1,020,258.00 -294,998.00 -198,788.00 -95,585.00 203,453.00 -240,775.00 -175,970.00 -117,831.00 231,621.00 -322,456.00 -225,238.00 -109,151.00 -197,256.00 -164,587.00 35,657.00 -36,123.00
Financing Cash Flow 45,035.00 267,590.00 -133,893.00 771,252.00 52,780.00 27,375.00 55,064.00 -65,361.00 -63,643.00 -8,514.00 65,793.00 -106,524.00 -27,346.00 30,777.00 67,403.00 241,616.00 -246,551.00 -199,136.00 9,689.00
   Net Issuance/Repayment of Debt 667,732.00 343,931.00 215,631.00 728,068.00 681,900.00 147,000.00 64,100.00 -117,100.00 203,400.00 118,800.00 49,300.00 480,448.00 280,019.00 200,436.00 39,697.00 -652,677.00 1,139,614.00 1,000,502.00 81,430.00
   Net Issuance/Repurchase of Equity -315.00 -315.00 -315.00 468,004.00 0 0 0 443.00 0 0 0 -101,154.00 103,120.00 101,668.00 0 0 0 0 0
   Dividends Paid 162,054.00 108,302.00 54,571.00 -97,940.00 146,733.00 98,044.00 48,576.00 -97,186.00 145,858.00 97,269.00 48,407.00 -91,333.00 143,818.00 93,697.00 46,093.00 -89,121.00 136,743.00 90,649.00 44,569.00
   Other Financing Activities -784,436.00 -184,328.00 -403,780.00 -326,880.00 -775,853.00 -217,669.00 -57,612.00 148,482.00 -412,901.00 -224,583.00 -31,914.00 -394,485.00 -554,303.00 -365,024.00 -18,387.00 983,414.00 -1,522,908.00 -1,290,287.00 -116,310.00
Net Change in Cash -2,674.00 409,491.00 -2,019.00 -68,106.00 70,096.00 -93.00 -595.00 -2,205.00 1,781.00 2,886.00 -1,560.00 5,224.00 -3,430.00 -4,880.00 -1,937.00 -11,204.00 630.00 4,910.00 9,694.00
   Cash at Beginning of Period 7,349.00 7,349.00 7,349.00 75,455.00 6,047.00 6,047.00 6,047.00 8,252.00 5,145.00 5,145.00 5,145.00 -79.00 10,168.00 10,168.00 10,168.00 21,372.00 6,138.00 6,138.00 6,138.00
   Cash at End of Period 4,675.00 416,840.00 5,330.00 7,349.00 76,143.00 5,954.00 5,452.00 6,047.00 6,926.00 8,031.00 3,585.00 5,145.00 6,738.00 5,288.00 8,231.00 10,168.00 6,768.00 11,048.00 15,832.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0