Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 312.33 3.96 6.81 67.24
Price to Sales 0.25 0.33 0.29 0.23
Book Value Per Common Share 7.00 8.43 5.28 5.50
Price to Book 2.68 3.60 5.93 3.05
Price to Operating Cash Flow 4.66 3.21 3.26 4.27
Price to Free Cash Flow
Enterprise Value to EBITDA 19458.11 15585.28 18715.55 36570.87
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
Price to Earnings 26.63 -11.38 -15.90 -104.68 26.25 44.02 5.05 9.28 16.90 8.30 13.04 27.46 43.84 -39.91
Price to Sales 0.69 0.79 1.18 0.41 0.70 1.92 0.49 0.67 1.44 0.35 0.61 1.08 0.33 0.56
Book Value Per Common Share 8.36 4.64 5.77 6.72 8.45 8.75 9.52 7.51 6.72 5.57 7.65 6.41 5.64 4.81
Price to Book 4.36 5.79 3.36 3.43 3.17 4.08 3.57 3.99 4.88 5.20 4.38 3.99 2.95 3.74
Price to Operating Cash Flow 25.46 -141.99 -10.00 7.56 10.43 20.25 3.48 4.90 13.34 3.36 4.73 7.97 4.38 7.43
Price to Free Cash Flow
Enterprise Value to EBITDA 35771.51 140561.49 267109.58 34444.44 47285.38 106984.35 21151.11 31796.36 63478.52 33867.84 49585.61 92334.78 48536.17 176976.64

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -99.22 66.30 1740.00
Revenue YoY -17.70 -15.13 50.46 84.27
EBITDA YoY -50.46 16.10 264.29
Net Profit YoY -99.09 66.09 1752.00
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
Earning YoY 25.93 108.67 66.49 35.80 176.34
Revenue YoY 57.09 106.99 47.90 105.53 55.76 97.86 48.92 132.49 58.01 121.87
EBITDA YoY 433.85 163.01 18.10 69.85 70.75 82.47 26.66 144.24 1753.33 238.24
Net Profit YoY 25.61 108.62 66.67 36.05 174.47 34.29

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 10.73 6.23 5.93 6.20
Quick Ratio 1.31 0.57 0.73 0.87
Current Ratio 1.66 1.30 1.11 1.18
Debt to Equity 3.80 3.53 4.21 4.07
Long-Term Debt to Equity 2.56 1.91 2.39 2.57
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
Cash Per Common Share 8.22 7.06 8.13 6.42 6.31 7.05 9.73 8.16 7.18 7.33 10.44 8.09 6.64 5.59
Quick Ratio 1.49 0.84 0.94 0.91 0.96 0.96 1.01 0.90 0.82 0.73 0.89 0.78 0.91 0.75
Current Ratio 1.96 1.17 1.32 1.33 1.46 1.49 1.44 1.28 1.22 1.08 1.25 1.14 1.26 1.08
Debt to Equity 2.83 4.98 4.51 3.53 2.85 2.84 2.84 3.32 3.53 4.46 3.41 3.96 4.06 4.67
Long-Term Debt to Equity 2.11 3.19 2.89 2.30 1.86 1.86 1.70 2.00 2.08 2.47 1.81 2.19 2.71 3.01

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 0.16 16.34 11.24 0.64
ROE 0.79 74.08 58.53 3.25
Gross Margin -188.11 13.77 -79.55 -94.13
Operating Margin 1.76 12.30 8.13 2.53
EBITDA Margin 12.72 21.13 15.45 6.38
Net Profit Margin 0.09 8.32 4.25 0.35
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
ROA 3.43 -5.95 -2.89 -0.57 2.57 2.00 15.34 7.71 4.63 8.35 5.52 2.16 1.01 -1.18
ROE 13.16 -35.59 -15.95 -2.57 9.89 7.69 58.85 33.27 20.99 45.53 24.34 10.73 5.10 -6.72
Gross Margin -172.72 -209.74 -212.58 2.60 5.67 8.64 15.81 13.91 16.23 -79.59 -74.64 -78.09 -94.70 -104.37
Operating Margin 5.72 -6.31 -7.23 0.83 4.10 6.82 14.34 12.38 14.57 7.85 9.77 8.89 2.73 -1.11
EBITDA Margin 19.15 5.64 4.44 11.87 14.86 17.98 22.95 20.94 22.70 10.47 12.31 11.72 6.73 3.14
Net Profit Margin 2.56 -6.96 -7.47 -0.39 2.69 4.40 9.62 7.19 8.53 4.27 4.68 3.96 0.76 -1.39

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 4,263,000.00 4,707,000.00 4,119,000.00 3,906,000.00 3,978,000.00
   Current Assets 1,824,000.00 2,179,000.00 1,593,000.00 1,369,000.00 1,402,000.00
      Cash and Short-Term Investments 1,078,000.00 626,000.00 596,000.00 623,000.00 698,000.00
            Cash and Cash Equivalents 1,078,000.00 626,000.00 596,000.00 623,000.00 698,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 360,000.00 328,000.00 448,000.00 387,000.00 215,000.00
      Inventory 578,000.00 673,000.00 702,000.00 536,000.00 340,000.00
      Other Current Assets -192,000.00 552,000.00 -153,000.00 -177,000.00 149,000.00
   Non-Current Assets 2,439,000.00 2,528,000.00 2,526,000.00 2,537,000.00 2,576,000.00
      Property, Plant, Equipment Net 2,912,000.00 2,982,000.00 3,058,000.00 3,123,000.00 3,138,000.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 24,000.00 100,000.00 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -497,000.00 -554,000.00 -532,000.00 -586,000.00 -562,000.00
Liabilities 3,375,000.00 3,669,000.00 3,328,000.00 3,136,000.00 2,759,000.00
   Current Liabilities 1,098,000.00 1,682,000.00 1,439,000.00 1,156,000.00 659,000.00
      Payables and Expenses 629,000.00 620,000.00 599,000.00 505,000.00 339,000.00
            Account Payables 575,000.00 569,000.00 548,000.00 459,000.00 307,000.00
            Current Accrued Liabilities 54,000.00 51,000.00 51,000.00 46,000.00 32,000.00
      Short-Term Debt 13,000.00 606,000.00 15,000.00 13,000.00 14,000.00
      Other Current Liabilities 456,000.00 456,000.00 825,000.00 638,000.00 306,000.00
   Non-Current Liabilities 2,277,000.00 1,987,000.00 1,889,000.00 1,980,000.00 2,100,000.00
      Long-Term Debt 2,818,000.00 2,163,000.00 2,174,000.00 2,313,000.00 2,372,000.00
      Other Non-Current Liabilities -541,000.00 -176,000.00 -285,000.00 -333,000.00 -272,000.00
Equity 888,000.00 1,038,000.00 791,000.00 770,000.00 1,219,000.00
   Shareholders Equity 703,000.00 847,000.00 531,000.00 553,000.00 1,019,000.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
      Share Premium 1,508,000.00 1,508,000.00 1,508,000.00 1,510,000.00 1,510,000.00
      Retained Earnings -804,000.00 -660,000.00 -976,000.00 -956,000.00 -490,000.00
      Treasury Shares 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 185,000.00 191,000.00 260,000.00 217,000.00 200,000.00
Investments 24,000.00 100,000.00 0 0 0
Debt 2,831,000.00 2,769,000.00 2,174,000.00 2,313,000.00 2,372,000.00
Net Debt 1,753,000.00 2,143,000.00 1,578,000.00 1,690,000.00 1,674,000.00
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 7,610,000.00 9,247,000.00 10,896,000.00 7,242,000.00 3,930,000.00
Cost Of Revenue 21,925,000.00 7,974,000.00 19,564,000.00 14,059,000.00 8,249,000.00
Gross Profit -14,315,000.00 1,273,000.00 -8,668,000.00 -6,817,000.00 -4,319,000.00
Operating Expenses -14,373,000.00 150,000.00 -9,631,000.00 -6,904,000.00 -3,653,000.00
   Selling, General and Administrative Expenses 139,000.00 141,000.00 149,000.00 119,000.00 86,000.00
   Other Operating Expenses -14,512,000.00 9,000.00 -9,780,000.00 -7,023,000.00 -3,739,000.00
Operating Income 58,000.00 1,123,000.00 963,000.00 87,000.00 -666,000.00
Net Non-Operating Income -39,000.00 -38,000.00 -162,000.00 -21,000.00 251,000.00
Interest Income 38,000.00 0 0 0 0
Interest Expense 115,000.00 52,000.00 85,000.00 117,000.00 130,000.00
Net Interest -77,000.00 -52,000.00 -85,000.00 -117,000.00 -130,000.00
EBT 19,000.00 1,085,000.00 801,000.00 66,000.00 -415,000.00
Income Tax 26,000.00 207,000.00 157,000.00 8,000.00 95,000.00
Equity Method Investments Income 0 12,000.00 0 0 0
Net Income Including Non-Controlling Interests -31,000.00 660,000.00 282,000.00 -24,000.00 -192,000.00
Net Income Non-Controlling Interests 38,000.00 109,000.00 181,000.00 49,000.00 -64,000.00
Net Income 7,000.00 769,000.00 463,000.00 25,000.00 -256,000.00
EBIT 134,000.00 1,137,000.00 886,000.00 183,000.00 -285,000.00
Deprecation and Amortization 834,000.00 817,000.00 797,000.00 279,000.00 278,000.00
EBITDA 968,000.00 1,954,000.00 1,683,000.00 462,000.00 -7,000.00
EPS 0.00 0.01 0.00 0.00 0
Diluted EPS 0.00 0.01 0.00 0.00 0
Average Shares Outstanding Basic 100,500.00 100,500.00 100,500.00 100,500.00 0
Average Shares Outstanding Diluted 100,500.00 100,500.00 100,500.00 100,500.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 404,000.00 948,000.00 967,000.00 396,000.00 90,000.00
   Operating Net Income 97,000.00 2,525,000.00 1,751,000.00 173,000.00 -896,000.00
   Deprecation and Amortization 834,000.00 817,000.00 797,000.00 279,000.00 278,000.00
   Deferred Income Tax -50,000.00 67,000.00 -17,000.00 -98,000.00 -27,000.00
   Share Based Compensation 15,000.00 34,000.00 71,000.00 46,000.00 4,000.00
   Change in Working Capital -106,000.00 -451,000.00 470,000.00 701,000.00 55,000.00
   Other Operating Activities -386,000.00 -2,044,000.00 -2,105,000.00 -705,000.00 676,000.00
Investing Cash Flow -121,000.00 -239,000.00 -271,000.00 -238,000.00 -423,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 179,000.00 206,000.00 191,000.00 231,000.00 125,000.00
   Net Purchase/Sale of Investments Net 0 0 -3,000.00 2,000.00 141,000.00
   Net Purchase/Sale of Business 90,000.00 0 0 20,000.00 0
   Other Investing Activities -390,000.00 -445,000.00 -459,000.00 -491,000.00 -689,000.00
Financing Cash Flow -482,000.00 -40,000.00 -696,000.00 -315,000.00 355,000.00
   Net Issuance/Repayment of Debt 925,000.00 600,000.00 65,000.00 1,132,000.00 1,500,000.00
   Net Issuance/Repurchase of Equity 0 0 12,000.00 1,000.00 7,000.00
   Dividends Paid 553,000.00 764,000.00 825,000.00 589,000.00 241,000.00
   Other Financing Activities -1,960,000.00 -1,404,000.00 -1,598,000.00 -2,037,000.00 -1,393,000.00
Net Change in Cash -199,000.00 669,000.00 0.00 -157,000.00 22,000.00
   Cash at Beginning of Period 1,186,000.00 517,000.00 517,000.00 674,000.00 652,000.00
   Cash at End of Period 987,000.00 1,186,000.00 517,000.00 517,000.00 674,000.00
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 3,992,000.00 3,984,000.00 4,251,000.00 4,263,000.00 3,878,000.00 4,003,000.00 4,093,000.00 4,707,000.00 4,421,000.00 4,217,000.00 4,208,000.00 4,119,000.00 4,206,000.00 4,671,000.00 4,345,000.00 3,906,000.00 3,872,000.00 3,798,000.00 4,188,000.00 3,978,000.00
   Current Assets 1,478,000.00 1,392,000.00 1,649,000.00 1,824,000.00 1,408,000.00 1,492,000.00 1,555,000.00 2,179,000.00 1,887,000.00 1,646,000.00 1,637,000.00 1,593,000.00 1,658,000.00 2,119,000.00 1,766,000.00 1,369,000.00 1,304,000.00 1,200,000.00 1,597,000.00 1,402,000.00
      Cash and Short-Term Investments 826,000.00 710,000.00 817,000.00 1,078,000.00 645,000.00 634,000.00 709,000.00 626,000.00 978,000.00 820,000.00 722,000.00 596,000.00 737,000.00 1,049,000.00 813,000.00 623,000.00 667,000.00 562,000.00 760,000.00 698,000.00
            Cash and Cash Equivalents 826,000.00 710,000.00 817,000.00 1,078,000.00 645,000.00 634,000.00 709,000.00 626,000.00 978,000.00 820,000.00 722,000.00 596,000.00 737,000.00 1,049,000.00 813,000.00 623,000.00 667,000.00 562,000.00 760,000.00 698,000.00
            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 301,000.00 295,000.00 362,000.00 360,000.00 317,000.00 346,000.00 290,000.00 328,000.00 352,000.00 334,000.00 383,000.00 448,000.00 374,000.00 454,000.00 397,000.00 387,000.00 273,000.00 269,000.00 241,000.00 215,000.00
      Inventory 591,000.00 577,000.00 665,000.00 578,000.00 573,000.00 624,000.00 673,000.00 673,000.00 684,000.00 603,000.00 696,000.00 702,000.00 697,000.00 807,000.00 748,000.00 536,000.00 481,000.00 454,000.00 435,000.00 340,000.00
      Other Current Assets -240,000.00 -190,000.00 -195,000.00 -192,000.00 -127,000.00 -112,000.00 -117,000.00 552,000.00 -127,000.00 -111,000.00 -164,000.00 -153,000.00 -150,000.00 -191,000.00 -192,000.00 -177,000.00 -117,000.00 -85,000.00 161,000.00 149,000.00
   Non-Current Assets 2,514,000.00 2,592,000.00 2,602,000.00 2,439,000.00 2,470,000.00 2,511,000.00 2,538,000.00 2,528,000.00 2,534,000.00 2,571,000.00 2,571,000.00 2,526,000.00 2,548,000.00 2,552,000.00 2,579,000.00 2,537,000.00 2,568,000.00 2,598,000.00 2,591,000.00 2,576,000.00
      Property, Plant, Equipment Net 2,811,000.00 2,868,000.00 2,890,000.00 2,912,000.00 2,879,000.00 2,920,000.00 2,954,000.00 2,982,000.00 2,997,000.00 3,019,000.00 3,038,000.00 3,058,000.00 3,093,000.00 3,073,000.00 3,105,000.00 3,123,000.00 3,148,000.00 3,172,000.00 3,161,000.00 3,138,000.00
      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 24,000.00 94,000.00 96,000.00 98,000.00 100,000.00 101,000.00 102,000.00 103,000.00 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 -297,000.00 -276,000.00 -288,000.00 -497,000.00 -503,000.00 -505,000.00 -514,000.00 -554,000.00 -564,000.00 -550,000.00 -570,000.00 -532,000.00 -545,000.00 -521,000.00 -526,000.00 -586,000.00 -580,000.00 -574,000.00 -570,000.00 -562,000.00
Liabilities 2,951,000.00 3,318,000.00 3,480,000.00 3,375,000.00 3,022,000.00 2,962,000.00 3,026,000.00 3,669,000.00 3,269,000.00 3,240,000.00 3,279,000.00 3,328,000.00 3,435,000.00 3,611,000.00 3,469,000.00 3,136,000.00 3,107,000.00 3,128,000.00 3,024,000.00 2,759,000.00
   Current Liabilities 755,000.00 1,191,000.00 1,254,000.00 1,098,000.00 1,055,000.00 1,022,000.00 1,043,000.00 1,682,000.00 1,311,000.00 1,285,000.00 1,347,000.00 1,439,000.00 1,531,000.00 1,695,000.00 1,552,000.00 1,156,000.00 1,035,000.00 1,112,000.00 995,000.00 659,000.00
      Payables and Expenses 528,000.00 548,000.00 698,000.00 629,000.00 548,000.00 601,000.00 626,000.00 620,000.00 650,000.00 550,000.00 592,000.00 599,000.00 681,000.00 840,000.00 805,000.00 505,000.00 492,000.00 503,000.00 479,000.00 339,000.00
            Account Payables 476,000.00 500,000.00 652,000.00 575,000.00 498,000.00 553,000.00 583,000.00 569,000.00 603,000.00 500,000.00 546,000.00 548,000.00 636,000.00 728,000.00 764,000.00 459,000.00 454,000.00 462,000.00 439,000.00 307,000.00
            Current Accrued Liabilities 52,000.00 48,000.00 46,000.00 54,000.00 50,000.00 48,000.00 43,000.00 51,000.00 47,000.00 50,000.00 46,000.00 51,000.00 45,000.00 112,000.00 41,000.00 46,000.00 38,000.00 41,000.00 40,000.00 32,000.00
      Short-Term Debt 16,000.00 16,000.00 16,000.00 13,000.00 8,000.00 8,000.00 8,000.00 606,000.00 13,000.00 14,000.00 15,000.00 15,000.00 14,000.00 14,000.00 12,000.00 13,000.00 12,000.00 12,000.00 12,000.00 14,000.00
      Other Current Liabilities 211,000.00 627,000.00 540,000.00 456,000.00 499,000.00 413,000.00 409,000.00 456,000.00 648,000.00 721,000.00 740,000.00 825,000.00 836,000.00 841,000.00 735,000.00 638,000.00 531,000.00 597,000.00 504,000.00 306,000.00
   Non-Current Liabilities 2,196,000.00 2,127,000.00 2,226,000.00 2,277,000.00 1,967,000.00 1,940,000.00 1,983,000.00 1,987,000.00 1,958,000.00 1,955,000.00 1,932,000.00 1,889,000.00 1,904,000.00 1,916,000.00 1,917,000.00 1,980,000.00 2,072,000.00 2,016,000.00 2,029,000.00 2,100,000.00
      Long-Term Debt 4,223,000.00 4,267,000.00 2,816,000.00 2,818,000.00 2,153,000.00 2,157,000.00 2,159,000.00 2,163,000.00 2,169,000.00 2,171,000.00 2,172,000.00 2,174,000.00 2,178,000.00 2,180,000.00 2,182,000.00 2,313,000.00 2,345,000.00 2,379,000.00 2,371,000.00 2,372,000.00
      Other Non-Current Liabilities -2,027,000.00 -2,140,000.00 -590,000.00 -541,000.00 -186,000.00 -217,000.00 -176,000.00 -176,000.00 -211,000.00 -216,000.00 -240,000.00 -285,000.00 -274,000.00 -264,000.00 -265,000.00 -333,000.00 -273,000.00 -363,000.00 -342,000.00 -272,000.00
Equity 1,041,000.00 666,000.00 771,000.00 888,000.00 856,000.00 1,041,000.00 1,067,000.00 1,038,000.00 1,152,000.00 977,000.00 929,000.00 791,000.00 771,000.00 1,060,000.00 876,000.00 770,000.00 765,000.00 670,000.00 1,164,000.00 1,219,000.00
   Shareholders Equity 840,000.00 466,000.00 580,000.00 703,000.00 675,000.00 849,000.00 879,000.00 847,000.00 957,000.00 755,000.00 675,000.00 531,000.00 560,000.00 769,000.00 644,000.00 553,000.00 567,000.00 483,000.00 981,000.00 1,019,000.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
      Share Premium 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,508,000.00 1,510,000.00 1,510,000.00 1,510,000.00 1,510,000.00 1,510,000.00
      Retained Earnings -667,000.00 -1,041,000.00 -927,000.00 -804,000.00 -832,000.00 -658,000.00 -628,000.00 -660,000.00 -550,000.00 -752,000.00 -832,000.00 -976,000.00 -947,000.00 -738,000.00 -863,000.00 -956,000.00 -942,000.00 -1,026,000.00 -528,000.00 -490,000.00
      Treasury Shares 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00 2,000.00
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 201,000.00 200,000.00 191,000.00 185,000.00 181,000.00 192,000.00 188,000.00 191,000.00 195,000.00 222,000.00 254,000.00 260,000.00 211,000.00 291,000.00 232,000.00 217,000.00 198,000.00 187,000.00 183,000.00 200,000.00
Investments 0 0 0 24,000.00 94,000.00 96,000.00 98,000.00 100,000.00 101,000.00 102,000.00 103,000.00 0 0 0 0 0 0 0 0 0
Debt 4,223,000.00 4,267,000.00 2,816,000.00 2,831,000.00 2,161,000.00 2,165,000.00 2,167,000.00 2,769,000.00 2,169,000.00 2,171,000.00 2,172,000.00 2,174,000.00 2,178,000.00 2,180,000.00 2,182,000.00 2,313,000.00 2,345,000.00 2,379,000.00 2,371,000.00 2,372,000.00
Net Debt 3,397,000.00 3,557,000.00 1,999,000.00 1,753,000.00 1,516,000.00 1,531,000.00 1,458,000.00 2,143,000.00 1,191,000.00 1,351,000.00 1,450,000.00 1,578,000.00 1,441,000.00 1,131,000.00 1,369,000.00 1,690,000.00 1,678,000.00 1,817,000.00 1,611,000.00 1,674,000.00
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 5,352,000.00 3,407,000.00 1,646,000.00 -3,745,000.00 5,663,000.00 3,829,000.00 1,863,000.00 -4,607,000.00 7,045,000.00 4,523,000.00 2,286,000.00 -5,210,000.00 8,216,000.00 5,517,000.00 2,373,000.00 -2,596,000.00 5,129,000.00 3,246,000.00 1,463,000.00
Cost Of Revenue 14,596,000.00 10,553,000.00 5,145,000.00 11,095,000.00 5,516,000.00 3,612,000.00 1,702,000.00 -3,766,000.00 5,931,000.00 3,894,000.00 1,915,000.00 -9,052,000.00 14,755,000.00 9,635,000.00 4,226,000.00 -5,700,000.00 9,986,000.00 6,634,000.00 3,139,000.00
Gross Profit -9,244,000.00 -7,146,000.00 -3,499,000.00 -14,840,000.00 147,000.00 217,000.00 161,000.00 -841,000.00 1,114,000.00 629,000.00 371,000.00 3,842,000.00 -6,539,000.00 -4,118,000.00 -1,853,000.00 3,104,000.00 -4,857,000.00 -3,388,000.00 -1,676,000.00
Operating Expenses -9,521,000.00 -6,676,000.00 -3,237,000.00 -14,589,000.00 110,000.00 68,000.00 38,000.00 -80,000.00 114,000.00 75,000.00 41,000.00 4,448,000.00 -7,265,000.00 -4,741,000.00 -2,073,000.00 2,535,000.00 -4,903,000.00 -3,130,000.00 -1,406,000.00
   Selling, General and Administrative Expenses 115,000.00 73,000.00 37,000.00 -63,000.00 103,000.00 63,000.00 36,000.00 -78,000.00 109,000.00 71,000.00 39,000.00 -75,000.00 110,000.00 75,000.00 39,000.00 -48,000.00 85,000.00 55,000.00 27,000.00
   Other Operating Expenses -9,636,000.00 -6,749,000.00 -3,274,000.00 -14,526,000.00 7,000.00 5,000.00 2,000.00 -2,000.00 5,000.00 4,000.00 2,000.00 4,523,000.00 -7,375,000.00 -4,816,000.00 -2,112,000.00 2,583,000.00 -4,988,000.00 -3,185,000.00 -1,433,000.00
Operating Income 277,000.00 -470,000.00 -262,000.00 -251,000.00 37,000.00 149,000.00 123,000.00 -761,000.00 1,000,000.00 554,000.00 330,000.00 -606,000.00 726,000.00 623,000.00 220,000.00 569,000.00 46,000.00 -258,000.00 -270,000.00
Net Non-Operating Income -74,000.00 184,000.00 108,000.00 54,000.00 -46,000.00 -31,000.00 -16,000.00 37,000.00 -34,000.00 -26,000.00 -15,000.00 151,000.00 -148,000.00 -132,000.00 -33,000.00 -349,000.00 2,000.00 153,000.00 173,000.00
Interest Income 24,000.00 16,000.00 10,000.00 38,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 103,000.00 71,000.00 35,000.00 0.00 56,000.00 39,000.00 20,000.00 -42,000.00 44,000.00 32,000.00 18,000.00 -54,000.00 67,000.00 48,000.00 24,000.00 -75,000.00 92,000.00 69,000.00 31,000.00
Net Interest -79,000.00 -55,000.00 -25,000.00 38,000.00 -56,000.00 -39,000.00 -20,000.00 42,000.00 -44,000.00 -32,000.00 -18,000.00 54,000.00 -67,000.00 -48,000.00 -24,000.00 75,000.00 -92,000.00 -69,000.00 -31,000.00
EBT 203,000.00 -286,000.00 -154,000.00 -197,000.00 -9,000.00 118,000.00 107,000.00 -724,000.00 966,000.00 528,000.00 315,000.00 -455,000.00 578,000.00 491,000.00 187,000.00 220,000.00 48,000.00 -105,000.00 -97,000.00
Income Tax 3,000.00 91,000.00 49,000.00 -15,000.00 14,000.00 10,000.00 17,000.00 -135,000.00 185,000.00 101,000.00 56,000.00 -82,000.00 106,000.00 99,000.00 34,000.00 -83,000.00 1,000.00 48,000.00 42,000.00
Equity Method Investments Income 0 0 0 0 0 0 0 3,000.00 3,000.00 3,000.00 3,000.00 0 0 0 0 0 0 0 0
Net Income Including Non-Controlling Interests 68,000.00 -279,000.00 -141,000.00 -134,000.00 -49,000.00 78,000.00 74,000.00 -269,000.00 575,000.00 223,000.00 131,000.00 -107,000.00 230,000.00 124,000.00 35,000.00 3,000.00 29,000.00 -33,000.00 -23,000.00
Net Income Non-Controlling Interests 69,000.00 42,000.00 18,000.00 -22,000.00 27,000.00 25,000.00 8,000.00 -160,000.00 103,000.00 102,000.00 64,000.00 -133,000.00 121,000.00 134,000.00 59,000.00 67,000.00 10,000.00 -12,000.00 -16,000.00
Net Income 137,000.00 -237,000.00 -123,000.00 -156,000.00 -22,000.00 103,000.00 82,000.00 -429,000.00 678,000.00 325,000.00 195,000.00 -240,000.00 351,000.00 258,000.00 94,000.00 70,000.00 39,000.00 -45,000.00 -39,000.00
EBIT 306,000.00 -215,000.00 -119,000.00 -197,000.00 47,000.00 157,000.00 127,000.00 -766,000.00 1,010,000.00 560,000.00 333,000.00 -509,000.00 645,000.00 539,000.00 211,000.00 145,000.00 140,000.00 -36,000.00 -66,000.00
Deprecation and Amortization 719,000.00 407,000.00 192,000.00 -411,000.00 625,000.00 412,000.00 208,000.00 -363,000.00 607,000.00 387,000.00 186,000.00 375,000.00 215,000.00 140,000.00 67,000.00 -130,000.00 205,000.00 138,000.00 66,000.00
EBITDA 1,025,000.00 192,000.00 73,000.00 -608,000.00 672,000.00 569,000.00 335,000.00 -1,129,000.00 1,617,000.00 947,000.00 519,000.00 -134,000.00 860,000.00 679,000.00 278,000.00 15,000.00 345,000.00 102,000.00 0.00
EPS 0.00 -0.00 -0.00 -0.00 -0.00 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.00 0.00 0.00 0.00 0.00 -0.00 0
Diluted EPS 0.00 -0.00 -0.00 0.00 -0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.00 0
Average Shares Outstanding Basic 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 201,000.00 100,500.00 100,500.00 0
Average Shares Outstanding Diluted 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 100,500.00 201,000.00 100,500.00 100,500.00 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
Operating Cash Flow 144,000.00 -19,000.00 -195,000.00 -337,000.00 306,000.00 258,000.00 177,000.00 -897,000.00 984,000.00 614,000.00 247,000.00 -935,000.00 868,000.00 712,000.00 322,000.00 -325,000.00 382,000.00 243,000.00 96,000.00
   Operating Net Income 206,000.00 -195,000.00 -333,000.00 -298,000.00 5,000.00 128,000.00 262,000.00 604,000.00 781,000.00 427,000.00 713,000.00 487,000.00 472,000.00 392,000.00 400,000.00 330,000.00 49,000.00 -57,000.00 -149,000.00
   Deprecation and Amortization 719,000.00 407,000.00 192,000.00 -411,000.00 625,000.00 412,000.00 208,000.00 -363,000.00 607,000.00 387,000.00 186,000.00 375,000.00 215,000.00 140,000.00 67,000.00 -130,000.00 205,000.00 138,000.00 66,000.00
   Deferred Income Tax -3,000.00 -91,000.00 -49,000.00 20,000.00 -17,000.00 -48,000.00 -5,000.00 5,000.00 31,000.00 28,000.00 3,000.00 19,000.00 -22,000.00 -10,000.00 -4,000.00 115,000.00 -34,000.00 -102,000.00 -77,000.00
   Share Based Compensation 37,000.00 18,000.00 6,000.00 -18,000.00 13,000.00 10,000.00 10,000.00 -20,000.00 30,000.00 15,000.00 9,000.00 -39,000.00 49,000.00 36,000.00 25,000.00 -13,000.00 31,000.00 20,000.00 8,000.00
   Change in Working Capital -393,000.00 30,000.00 125,000.00 -107,000.00 1,000.00 1,000.00 -1,000.00 -451,000.00 0 0 0 470,000.00 0 0 0 701,000.00 0 0 0
   Other Operating Activities -422,000.00 -188,000.00 -136,000.00 477,000.00 -321,000.00 -245,000.00 -297,000.00 -672,000.00 -465,000.00 -243,000.00 -664,000.00 -2,247,000.00 154,000.00 154,000.00 -166,000.00 -1,328,000.00 131,000.00 244,000.00 248,000.00
Investing Cash Flow -309,000.00 -267,000.00 -82,000.00 227,000.00 -164,000.00 -129,000.00 -55,000.00 106,000.00 -181,000.00 -130,000.00 -34,000.00 143,000.00 -217,000.00 -156,000.00 -41,000.00 161,000.00 -204,000.00 -141,000.00 -54,000.00
   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 138,000.00 101,000.00 57,000.00 -85,000.00 125,000.00 91,000.00 48,000.00 -89,000.00 150,000.00 100,000.00 45,000.00 -68,000.00 145,000.00 88,000.00 26,000.00 -131,000.00 195,000.00 132,000.00 35,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 -1,000.00 0 0 -1,000.00 -2,000.00 0 0 3,000.00 0 -1,000.00 0
   Net Purchase/Sale of Business 0 0 0 90,000.00 0 0 0 0 46,000.00 46,000.00 46,000.00 0 0 0 0 -40,000.00 20,000.00 20,000.00 20,000.00
   Other Investing Activities -447,000.00 -368,000.00 -139,000.00 222,000.00 -289,000.00 -220,000.00 -103,000.00 332,000.00 -376,000.00 -276,000.00 -125,000.00 212,000.00 -360,000.00 -244,000.00 -67,000.00 329,000.00 -419,000.00 -292,000.00 -109,000.00
Financing Cash Flow -152,000.00 -105,000.00 -15,000.00 1,705,000.00 -794,000.00 -729,000.00 -664,000.00 749,000.00 -424,000.00 -243,000.00 -122,000.00 135,000.00 -543,000.00 -173,000.00 -115,000.00 216,000.00 -279,000.00 -250,000.00 -2,000.00
   Net Issuance/Repayment of Debt 92,000.00 72,000.00 0 -875,000.00 600,000.00 600,000.00 600,000.00 600,000.00 0 0 0 -130,000.00 65,000.00 65,000.00 65,000.00 -1,087,000.00 1,117,000.00 1,102,000.00 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 -24,000.00 12,000.00 12,000.00 12,000.00 -2,000.00 1,000.00 1,000.00 1,000.00
   Dividends Paid 0 0 0 -251,000.00 553,000.00 168,000.00 83,000.00 77,000.00 429,000.00 172,000.00 86,000.00 173,000.00 584,000.00 68,000.00 0 -589,000.00 589,000.00 589,000.00 0
   Other Financing Activities -244,000.00 -177,000.00 -15,000.00 2,831,000.00 -1,947,000.00 -1,497,000.00 -1,347,000.00 72,000.00 -853,000.00 -415,000.00 -208,000.00 116,000.00 -1,204,000.00 -318,000.00 -192,000.00 1,894,000.00 -1,986,000.00 -1,942,000.00 -3,000.00
Net Change in Cash -317,000.00 -391,000.00 -292,000.00 1,595,000.00 -652,000.00 -600,000.00 -542,000.00 -42,000.00 379,000.00 241,000.00 91,000.00 -657,000.00 108,000.00 383,000.00 166,000.00 52,000.00 -101,000.00 -148,000.00 40,000.00
   Cash at Beginning of Period 987,000.00 987,000.00 987,000.00 -608,000.00 1,186,000.00 1,186,000.00 1,186,000.00 1,228,000.00 517,000.00 517,000.00 517,000.00 1,174,000.00 517,000.00 517,000.00 517,000.00 465,000.00 674,000.00 674,000.00 674,000.00
   Cash at End of Period 670,000.00 596,000.00 695,000.00 987,000.00 534,000.00 586,000.00 644,000.00 1,186,000.00 896,000.00 758,000.00 608,000.00 517,000.00 625,000.00 900,000.00 683,000.00 517,000.00 573,000.00 526,000.00 714,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0