CVNA
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 118.23 | 12.85 | -0.30 | -142.20 |
| Price to Sales | 1.82 | 0.54 | 0.04 | 1.50 |
| Book Value Per Common Share | 10.30 | 2.22 | -5.14 | 3.70 |
| Price to Book | 19.75 | 23.82 | -0.92 | 62.72 |
| Price to Operating Cash Flow | 27.10 | 7.21 | -0.36 | -7.40 |
| Price to Free Cash Flow | ||||
| Enterprise Value to EBITDA |
| 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 | 93.38 | 113.84 | 129.86 | 159.73 | 330.05 | 366.29 | 8.01 | -12.64 | -6.48 | -2.58 | -4.34 | -41.28 | -538.46 | -1676.78 | -570.43 |
| Price to Sales | 3.49 | 5.00 | 6.62 | 2.06 | 2.34 | 3.34 | 0.54 | 0.49 | 0.40 | 0.19 | 0.29 | 3.07 | 2.71 | 4.31 | 9.48 |
| Book Value Per Common Share | 16.73 | 12.84 | 11.22 | 5.10 | 4.47 | 2.49 | 3.15 | -6.57 | -6.23 | 2.76 | 5.63 | 0.89 | 4.73 | 5.05 | 4.50 |
| Price to Book | 22.55 | 26.24 | 18.64 | 34.12 | 28.78 | 35.38 | 13.34 | -3.95 | -1.57 | 7.34 | 4.01 | 134.34 | 63.77 | 59.73 | 58.30 |
| Price to Operating Cash Flow | 84.81 | 173.95 | 120.81 | 24.29 | 33.27 | 101.22 | 4.34 | 6.21 | -15.72 | -3.44 | -4.44 | -18.12 | -17.27 | -21.13 | -40.00 |
| Price to Free Cash Flow | |||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -58.25 | |||
| Revenue YoY | 26.94 | -20.82 | 6.17 | 129.37 |
| EBITDA YoY | ||||
| Net Profit YoY | -53.33 |
| 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 | 36.49 | 83.85 | 179.49 | 62.50 | 119900.00 | ||||||||||
| Revenue YoY | 62.25 | 114.37 | 56.48 | 111.40 | 49.75 | 113.89 | 45.87 | 111.07 | 62.35 | 148.60 | |||||
| EBITDA YoY | |||||||||||||||
| Net Profit YoY | 37.84 | 84.72 | 4220.00 | 184.78 | 64.29 | -89.39 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 14.47 | 5.63 | 8.69 | 10.19 |
| Quick Ratio | 1.55 | 0.57 | 0.44 | 0.36 |
| Current Ratio | 3.64 | 2.16 | 1.77 | 1.69 |
| Debt to Equity | 4.11 | -81.92 | -12.42 | 8.04 |
| Long-Term Debt to Equity | 3.34 | -65.04 | -9.12 | 4.46 |
| 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 | 16.35 | 14.49 | 14.28 | 7.99 | 5.37 | 3.10 | 6.00 | 7.27 | 7.59 | 5.95 | 13.72 | 8.92 | 6.08 | 5.10 | 5.67 |
| Quick Ratio | 1.67 | 1.60 | 1.69 | 1.14 | 0.88 | 0.56 | 0.69 | 0.51 | 0.40 | 0.51 | 0.74 | 0.27 | 0.53 | 0.44 | 0.83 |
| Current Ratio | 4.05 | 4.00 | 3.81 | 3.25 | 3.11 | 2.54 | 2.28 | 1.80 | 1.62 | 2.38 | 2.32 | 1.36 | 2.93 | 2.43 | 3.78 |
| Debt to Equity | 2.08 | 2.93 | 3.32 | 10.98 | 15.71 | -1458.80 | 74.51 | -8.20 | -9.39 | 13.76 | 8.18 | 23.39 | 5.13 | 4.17 | 3.80 |
| Long-Term Debt to Equity | 1.61 | 2.36 | 2.69 | 9.18 | 13.22 | -1204.00 | 60.12 | -6.27 | -6.71 | 10.97 | 6.17 | 11.78 | 3.74 | 2.71 | 2.94 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 2.38 | 6.11 | -17.70 | -1.85 |
| ROE | 12.15 | -494.51 | 202.17 | -16.73 |
| Gross Margin | 21.03 | 16.01 | 9.16 | 15.05 |
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin | 1.54 | 4.18 | -11.67 | -1.05 |
| 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 | 5.38 | 4.10 | 2.34 | 1.70 | 0.61 | 0.38 | 7.70 | -2.68 | -1.80 | -7.87 | -4.60 | -3.31 | -0.83 | -0.30 | -0.92 |
| ROE | 16.57 | 16.13 | 10.11 | 20.31 | 10.25 | -560.00 | 581.44 | 19.33 | 15.08 | -116.22 | -42.28 | -80.75 | -5.07 | -1.53 | -4.41 |
| Gross Margin | 21.34 | 21.97 | 21.95 | 20.87 | 20.18 | 19.31 | 15.84 | 15.07 | 13.09 | 9.78 | 9.40 | 8.52 | 15.59 | 15.95 | 15.06 |
| Operating Margin | |||||||||||||||
| EBITDA Margin | |||||||||||||||
| Net Profit Margin | 3.74 | 4.40 | 5.10 | 1.29 | 0.71 | 0.91 | 6.76 | -3.91 | -6.14 | -7.25 | -6.75 | -7.43 | -0.51 | -0.25 | -1.60 |
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 | 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 | 8,838,000.00 | 7,364,000.00 | 8,966,000.00 | 7,297,000.00 | 3,115,831.00 |
| Current Assets | 4,869,000.00 | 3,321,000.00 | 4,594,000.00 | 4,892,000.00 | 1,923,147.00 |
| Cash and Short-Term Investments | 1,770,000.00 | 616,000.00 | 876,000.00 | 844,000.00 | 332,211.00 |
| Cash and Cash Equivalents | 1,770,000.00 | 616,000.00 | 876,000.00 | 844,000.00 | 332,211.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 303,000.00 | 266,000.00 | 253,000.00 | 206,000.00 | 78,563.00 |
| Inventory | 1,608,000.00 | 1,151,000.00 | 1,877,000.00 | 3,168,000.00 | 1,036,235.00 |
| Other Current Assets | 1,188,000.00 | 1,288,000.00 | 1,588,000.00 | 674,000.00 | 476,138.00 |
| Non-Current Assets | 3,969,000.00 | 4,043,000.00 | 4,372,000.00 | 2,405,000.00 | 1,192,684.00 |
| Property, Plant, Equipment Net | 3,226,000.00 | 6,357,000.00 | 6,904,000.00 | 3,211,000.00 | 1,887,180.00 |
| Goodwill | 0 | 0 | 0 | 9,000.00 | 18,753.00 |
| Intangible Assets | 34,000.00 | 52,000.00 | 70,000.00 | 4,000.00 | 5,643.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 709,000.00 | -2,366,000.00 | -2,602,000.00 | -819,000.00 | -718,892.00 |
| Liabilities | 7,109,000.00 | 7,455,000.00 | 9,751,000.00 | 6,490,000.00 | 2,233,028.00 |
| Current Liabilities | 1,338,000.00 | 1,536,000.00 | 2,592,000.00 | 2,890,000.00 | 467,137.00 |
| Payables and Expenses | 873,000.00 | 603,000.00 | 793,000.00 | 683,000.00 | 357,823.00 |
| Account Payables | 236,000.00 | 231,000.00 | 232,000.00 | 141,000.00 | 66,504.00 |
| Current Accrued Liabilities | 189,000.00 | 145,000.00 | 205,000.00 | 123,000.00 | 53,758.00 |
| Short-Term Debt | 443,000.00 | 1,525,000.00 | 3,270,000.00 | 4,268,000.00 | 162,517.00 |
| Other Current Liabilities | 22,000.00 | -592,000.00 | -1,471,000.00 | -2,061,000.00 | -53,203.00 |
| Non-Current Liabilities | 5,771,000.00 | 5,919,000.00 | 7,159,000.00 | 3,600,000.00 | 1,765,891.00 |
| Long-Term Debt | 5,786,000.00 | 5,856,000.00 | 7,090,000.00 | 3,582,000.00 | 1,783,125.00 |
| Other Non-Current Liabilities | -15,000.00 | 63,000.00 | 69,000.00 | 18,000.00 | -17,234.00 |
| Equity | 1,729,000.00 | -91,000.00 | -785,000.00 | 807,000.00 | 882,803.00 |
| Shareholders Equity | 1,260,000.00 | 243,000.00 | -518,000.00 | 306,000.00 | 387,600.00 |
| Capital Stock | 0 | 0 | 0 | 0 | 173.00 |
| Share Premium | 2,676,000.00 | 1,869,000.00 | 1,558,000.00 | 795,000.00 | 741,601.00 |
| Retained Earnings | -1,416,000.00 | -1,626,000.00 | -2,076,000.00 | -489,000.00 | -354,174.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 115,000.00 | -627,000.00 | -535,000.00 | 219,000.00 | 413,903.00 |
| Investments | 1,392,000.00 | 1,098,000.00 | 963,000.00 | 1,146,000.00 | 393,848.00 |
| Debt | 6,229,000.00 | 7,381,000.00 | 10,360,000.00 | 7,850,000.00 | 1,945,642.00 |
| Net Debt | 4,459,000.00 | 6,765,000.00 | 9,484,000.00 | 7,006,000.00 | 1,613,431.00 |
| 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 | 13,673,000.00 | 10,771,000.00 | 13,604,000.00 | 12,814,000.00 | 5,586,565.00 |
| Cost Of Revenue | 10,797,000.00 | 9,047,000.00 | 12,358,000.00 | 10,885,000.00 | 4,792,800.00 |
| Gross Profit | 2,876,000.00 | 1,724,000.00 | 1,246,000.00 | 1,929,000.00 | 793,765.00 |
| Operating Expenses | 1,886,000.00 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 2,023,000.00 | 1,948,000.00 | 3,004,000.00 | 2,208,000.00 | 1,221,558.00 |
| Other Operating Expenses | -137,000.00 | 0 | 0 | 0 | 0 |
| Operating Income | 990,000.00 | 0 | 0 | 0 | 0 |
| Interest Expense | 651,000.00 | 632,000.00 | 486,000.00 | 176,000.00 | 132,526.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 4,000.00 | 25,000.00 | 1,000.00 | 1,000.00 | 255.00 |
| Net Income Including Non-Controlling Interests | 16,000.00 | 750,000.00 | -280,000.00 | 17,000.00 | 119,942.00 |
| Net Income Non-Controlling Interests | 194,000.00 | -300,000.00 | -1,307,000.00 | -152,000.00 | -291,082.00 |
| Net Income | 210,000.00 | 450,000.00 | -1,587,000.00 | -135,000.00 | -171,140.00 |
| Deprecation and Amortization | 96,000.00 | 108,000.00 | 95,000.00 | 38,000.00 | 17,602.00 |
| EPS | 0.00 | 0.00 | -0.02 | -0.00 | 0 |
| Diluted EPS | 0.00 | 0.00 | -0.02 | -0.00 | 0 |
| Average Shares Outstanding Basic | 122,344.00 | 109,323.00 | 100,828.00 | 82,805.00 | 0 |
| Average Shares Outstanding Diluted | 132,206.00 | 200,578.00 | 100,828.00 | 82,805.00 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 918,000.00 | 803,000.00 | -1,324,000.00 | -2,594,000.00 | -608,412.00 |
| Operating Net Income | 1,212,000.00 | 150,000.00 | -5,788,000.00 | -574,000.00 | -924,444.00 |
| Deprecation and Amortization | 96,000.00 | 108,000.00 | 95,000.00 | 38,000.00 | 17,602.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 91,000.00 | 72,000.00 | 108,000.00 | 39,000.00 | 25,088.00 |
| Change in Working Capital | 522,000.00 | -807,000.00 | -1,429,000.00 | 2,339,000.00 | 332,334.00 |
| Other Operating Activities | -1,003,000.00 | 1,280,000.00 | 5,690,000.00 | -4,436,000.00 | -58,992.00 |
| Investing Cash Flow | -13,000.00 | 31,000.00 | -2,583,000.00 | -627,000.00 | -345,926.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 102,000.00 | 159,000.00 | 556,000.00 | 557,000.00 | 381,458.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 7,000.00 | 2,196,000.00 | 0 | 0 |
| Other Investing Activities | -115,000.00 | -135,000.00 | -5,335,000.00 | -1,184,000.00 | -727,384.00 |
| Financing Cash Flow | 261,000.00 | -868,000.00 | 3,899,000.00 | 3,528,000.00 | 1,164,990.00 |
| Net Issuance/Repayment of Debt | 7,561,000.00 | 14,919,000.00 | 30,083,000.00 | 28,910,000.00 | 11,376,758.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 5,419.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -7,300,000.00 | -15,787,000.00 | -26,184,000.00 | -25,382,000.00 | -10,217,187.00 |
| Net Change in Cash | 1,166,000.00 | -34,000.00 | -8,000.00 | 307,000.00 | 210,652.00 |
| Cash at Beginning of Period | 594,000.00 | 628,000.00 | 636,000.00 | 329,000.00 | 118,459.00 |
| Cash at End of Period | 1,760,000.00 | 594,000.00 | 628,000.00 | 636,000.00 | 329,111.00 |
| 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 | 10,221,000.00 | 9,723,000.00 | 9,242,000.00 | 8,838,000.00 | 7,727,000.00 | 7,504,000.00 | 7,289,000.00 | 7,364,000.00 | 7,324,000.00 | 8,127,000.00 | 8,907,000.00 | 8,966,000.00 | 9,919,000.00 | 10,816,000.00 | 7,855,000.00 | 7,297,000.00 | 5,559,000.00 | 4,724,000.00 | 3,914,000.00 | 3,115,831.00 |
| Current Assets | 6,265,000.00 | 5,673,000.00 | 5,137,000.00 | 4,869,000.00 | 3,765,000.00 | 3,477,000.00 | 3,232,000.00 | 3,321,000.00 | 3,186,000.00 | 3,912,000.00 | 4,616,000.00 | 4,594,000.00 | 4,469,000.00 | 5,491,000.00 | 5,070,000.00 | 4,892,000.00 | 3,690,000.00 | 3,245,000.00 | 2,628,000.00 | 1,923,147.00 |
| Cash and Short-Term Investments | 2,228,000.00 | 1,952,000.00 | 1,914,000.00 | 1,770,000.00 | 956,000.00 | 632,000.00 | 360,000.00 | 616,000.00 | 646,000.00 | 771,000.00 | 805,000.00 | 876,000.00 | 590,000.00 | 1,314,000.00 | 804,000.00 | 844,000.00 | 495,000.00 | 407,000.00 | 460,000.00 | 332,211.00 |
| Cash and Cash Equivalents | 2,228,000.00 | 1,952,000.00 | 1,914,000.00 | 1,770,000.00 | 956,000.00 | 632,000.00 | 360,000.00 | 616,000.00 | 646,000.00 | 771,000.00 | 805,000.00 | 876,000.00 | 590,000.00 | 1,314,000.00 | 804,000.00 | 844,000.00 | 495,000.00 | 407,000.00 | 460,000.00 | 332,211.00 |
| 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 | 352,000.00 | 320,000.00 | 369,000.00 | 303,000.00 | 363,000.00 | 349,000.00 | 351,000.00 | 266,000.00 | 318,000.00 | 335,000.00 | 342,000.00 | 253,000.00 | 359,000.00 | 428,000.00 | 208,000.00 | 206,000.00 | 178,000.00 | 185,000.00 | 118,000.00 | 78,563.00 |
| Inventory | 2,316,000.00 | 2,023,000.00 | 1,503,000.00 | 1,608,000.00 | 1,305,000.00 | 1,221,000.00 | 1,162,000.00 | 1,151,000.00 | 1,086,000.00 | 1,303,000.00 | 1,486,000.00 | 1,877,000.00 | 2,579,000.00 | 2,868,000.00 | 3,320,000.00 | 3,168,000.00 | 2,332,000.00 | 1,974,000.00 | 1,439,000.00 | 1,036,235.00 |
| Other Current Assets | 1,369,000.00 | 1,378,000.00 | 1,351,000.00 | 1,188,000.00 | 1,141,000.00 | 1,275,000.00 | 1,359,000.00 | 1,288,000.00 | 1,136,000.00 | 1,503,000.00 | 1,983,000.00 | 1,588,000.00 | 941,000.00 | 881,000.00 | 738,000.00 | 674,000.00 | 685,000.00 | 679,000.00 | 611,000.00 | 476,138.00 |
| Non-Current Assets | 3,956,000.00 | 4,050,000.00 | 4,105,000.00 | 3,969,000.00 | 3,962,000.00 | 4,027,000.00 | 4,057,000.00 | 4,043,000.00 | 4,138,000.00 | 4,215,000.00 | 4,291,000.00 | 4,372,000.00 | 5,450,000.00 | 5,325,000.00 | 2,785,000.00 | 2,405,000.00 | 1,869,000.00 | 1,479,000.00 | 1,286,000.00 | 1,192,684.00 |
| Property, Plant, Equipment Net | 5,839,000.00 | 5,827,000.00 | 5,862,000.00 | 3,226,000.00 | 6,056,000.00 | 6,159,000.00 | 6,243,000.00 | 6,357,000.00 | 6,506,000.00 | 6,672,000.00 | 10,014,000.00 | 6,904,000.00 | 10,514,000.00 | 10,122,000.00 | 3,930,000.00 | 3,211,000.00 | 2,752,000.00 | 2,289,000.00 | 2,061,000.00 | 1,887,180.00 |
| Goodwill | 3,000.00 | 2,000.00 | 2,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 847,000.00 | 847,000.00 | 9,000.00 | 9,000.00 | 9,000.00 | 9,000.00 | 9,000.00 | 18,753.00 |
| Intangible Assets | 35,000.00 | 32,000.00 | 35,000.00 | 34,000.00 | 39,000.00 | 43,000.00 | 48,000.00 | 52,000.00 | 56,000.00 | 61,000.00 | 65,000.00 | 70,000.00 | 76,000.00 | 82,000.00 | 4,000.00 | 4,000.00 | 5,000.00 | 5,000.00 | 5,000.00 | 5,643.00 |
| 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 | -1,921,000.00 | -1,811,000.00 | -1,794,000.00 | 709,000.00 | -2,133,000.00 | -2,175,000.00 | -2,234,000.00 | -2,366,000.00 | -2,424,000.00 | -2,518,000.00 | -5,788,000.00 | -2,602,000.00 | -5,987,000.00 | -5,726,000.00 | -1,158,000.00 | -819,000.00 | -897,000.00 | -824,000.00 | -789,000.00 | -718,892.00 |
| Liabilities | 6,902,000.00 | 7,249,000.00 | 7,105,000.00 | 7,109,000.00 | 7,082,000.00 | 7,055,000.00 | 7,294,000.00 | 7,455,000.00 | 7,227,000.00 | 9,255,000.00 | 9,968,000.00 | 9,751,000.00 | 9,247,000.00 | 9,638,000.00 | 7,533,000.00 | 6,490,000.00 | 4,652,000.00 | 3,811,000.00 | 3,098,000.00 | 2,233,028.00 |
| Current Liabilities | 1,548,000.00 | 1,417,000.00 | 1,347,000.00 | 1,338,000.00 | 1,159,000.00 | 1,118,000.00 | 1,274,000.00 | 1,536,000.00 | 1,395,000.00 | 2,179,000.00 | 2,850,000.00 | 2,592,000.00 | 1,878,000.00 | 2,368,000.00 | 3,741,000.00 | 2,890,000.00 | 1,261,000.00 | 1,333,000.00 | 696,000.00 | 467,137.00 |
| Payables and Expenses | 1,035,000.00 | 917,000.00 | 858,000.00 | 873,000.00 | 786,000.00 | 748,000.00 | 717,000.00 | 603,000.00 | 682,000.00 | 745,000.00 | 877,000.00 | 793,000.00 | 1,028,000.00 | 1,005,000.00 | 776,000.00 | 683,000.00 | 723,000.00 | 576,000.00 | 507,000.00 | 357,823.00 |
| Account Payables | 291,000.00 | 257,000.00 | 226,000.00 | 236,000.00 | 231,000.00 | 275,000.00 | 272,000.00 | 231,000.00 | 251,000.00 | 255,000.00 | 264,000.00 | 232,000.00 | 292,000.00 | 294,000.00 | 154,000.00 | 141,000.00 | 200,000.00 | 154,000.00 | 143,000.00 | 66,504.00 |
| Current Accrued Liabilities | 173,000.00 | 150,000.00 | 146,000.00 | 189,000.00 | 185,000.00 | 176,000.00 | 151,000.00 | 145,000.00 | 142,000.00 | 149,000.00 | 147,000.00 | 205,000.00 | 222,000.00 | 221,000.00 | 162,000.00 | 123,000.00 | 77,000.00 | 72,000.00 | 52,000.00 | 53,758.00 |
| Short-Term Debt | 466,000.00 | 456,000.00 | 436,000.00 | 443,000.00 | 361,000.00 | 347,000.00 | 744,000.00 | 1,525,000.00 | 1,058,000.00 | 2,521,000.00 | 3,647,000.00 | 3,270,000.00 | 1,365,000.00 | 2,436,000.00 | 5,785,000.00 | 4,268,000.00 | 995,000.00 | 1,444,000.00 | 329,000.00 | 162,517.00 |
| Other Current Liabilities | 47,000.00 | 44,000.00 | 53,000.00 | 22,000.00 | 12,000.00 | 23,000.00 | -187,000.00 | -592,000.00 | -345,000.00 | -1,087,000.00 | -1,674,000.00 | -1,471,000.00 | -515,000.00 | -1,073,000.00 | -2,820,000.00 | -2,061,000.00 | -457,000.00 | -687,000.00 | -140,000.00 | -53,203.00 |
| Non-Current Liabilities | 5,354,000.00 | 5,832,000.00 | 5,758,000.00 | 5,771,000.00 | 5,923,000.00 | 5,937,000.00 | 6,020,000.00 | 5,919,000.00 | 5,832,000.00 | 7,076,000.00 | 7,118,000.00 | 7,159,000.00 | 7,369,000.00 | 7,270,000.00 | 3,792,000.00 | 3,600,000.00 | 3,391,000.00 | 2,478,000.00 | 2,402,000.00 | 1,765,891.00 |
| Long-Term Debt | 5,323,000.00 | 5,837,000.00 | 5,783,000.00 | 5,786,000.00 | 5,870,000.00 | 5,883,000.00 | 5,974,000.00 | 5,856,000.00 | 5,762,000.00 | 7,016,000.00 | 7,055,000.00 | 7,090,000.00 | 7,295,000.00 | 7,256,000.00 | 3,772,000.00 | 3,582,000.00 | 3,405,000.00 | 2,494,000.00 | 2,419,000.00 | 1,783,125.00 |
| Other Non-Current Liabilities | 31,000.00 | -5,000.00 | -25,000.00 | -15,000.00 | 53,000.00 | 54,000.00 | 46,000.00 | 63,000.00 | 70,000.00 | 60,000.00 | 63,000.00 | 69,000.00 | 74,000.00 | 14,000.00 | 20,000.00 | 18,000.00 | -14,000.00 | -16,000.00 | -17,000.00 | -17,234.00 |
| Equity | 3,319,000.00 | 2,474,000.00 | 2,137,000.00 | 1,729,000.00 | 645,000.00 | 449,000.00 | -5,000.00 | -91,000.00 | 97,000.00 | -1,128,000.00 | -1,061,000.00 | -785,000.00 | 672,000.00 | 1,178,000.00 | 322,000.00 | 807,000.00 | 907,000.00 | 913,000.00 | 816,000.00 | 882,803.00 |
| Shareholders Equity | 2,279,000.00 | 1,730,000.00 | 1,504,000.00 | 1,260,000.00 | 611,000.00 | 526,000.00 | 289,000.00 | 243,000.00 | 339,000.00 | -697,000.00 | -660,000.00 | -518,000.00 | 274,000.00 | 539,000.00 | 80,000.00 | 306,000.00 | 385,000.00 | 403,000.00 | 365,000.00 | 387,600.00 |
| Capital Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 173.00 |
| Share Premium | 3,145,000.00 | 2,747,000.00 | 2,704,000.00 | 2,676,000.00 | 2,106,000.00 | 2,106,000.00 | 1,887,000.00 | 1,869,000.00 | 1,851,000.00 | 1,597,000.00 | 1,576,000.00 | 1,558,000.00 | 1,544,000.00 | 1,526,000.00 | 829,000.00 | 795,000.00 | 785,000.00 | 771,000.00 | 755,000.00 | 741,601.00 |
| Retained Earnings | -866,000.00 | -1,017,000.00 | -1,200,000.00 | -1,416,000.00 | -1,495,000.00 | -1,580,000.00 | -1,598,000.00 | -1,626,000.00 | -1,512,000.00 | -2,294,000.00 | -2,236,000.00 | -2,076,000.00 | -1,270,000.00 | -987,000.00 | -749,000.00 | -489,000.00 | -400,000.00 | -368,000.00 | -390,000.00 | -354,174.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 672,000.00 | 387,000.00 | 269,000.00 | 115,000.00 | -325,000.00 | -411,000.00 | -600,000.00 | -627,000.00 | -541,000.00 | -709,000.00 | -662,000.00 | -535,000.00 | 100,000.00 | 325,000.00 | -28,000.00 | 219,000.00 | 323,000.00 | 367,000.00 | 356,000.00 | 413,903.00 |
| Investments | 1,458,000.00 | 1,398,000.00 | 1,425,000.00 | 1,392,000.00 | 1,389,000.00 | 1,263,000.00 | 1,164,000.00 | 1,098,000.00 | 1,113,000.00 | 1,005,000.00 | 936,000.00 | 963,000.00 | 1,050,000.00 | 1,203,000.00 | 1,248,000.00 | 1,146,000.00 | 936,000.00 | 717,000.00 | 531,000.00 | 393,848.00 |
| Debt | 5,789,000.00 | 6,293,000.00 | 6,219,000.00 | 6,229,000.00 | 6,231,000.00 | 6,230,000.00 | 6,718,000.00 | 7,381,000.00 | 6,820,000.00 | 9,537,000.00 | 10,702,000.00 | 10,360,000.00 | 8,660,000.00 | 9,692,000.00 | 9,557,000.00 | 7,850,000.00 | 4,400,000.00 | 3,938,000.00 | 2,748,000.00 | 1,945,642.00 |
| Net Debt | 3,561,000.00 | 4,341,000.00 | 4,305,000.00 | 4,459,000.00 | 5,275,000.00 | 5,598,000.00 | 6,358,000.00 | 6,765,000.00 | 6,174,000.00 | 8,766,000.00 | 9,897,000.00 | 9,484,000.00 | 8,070,000.00 | 8,378,000.00 | 8,753,000.00 | 7,006,000.00 | 3,905,000.00 | 3,531,000.00 | 2,288,000.00 | 1,613,431.00 |
| 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 | 14,719,000.00 | 9,072,000.00 | 4,232,000.00 | -5,985,000.00 | 10,126,000.00 | 6,471,000.00 | 3,061,000.00 | -5,756,000.00 | 8,347,000.00 | 5,574,000.00 | 2,606,000.00 | -8,041,000.00 | 10,767,000.00 | 7,381,000.00 | 3,497,000.00 | -4,073,000.00 | 9,061,000.00 | 5,581,000.00 | 2,245,000.00 |
| Cost Of Revenue | 11,578,000.00 | 7,079,000.00 | 3,303,000.00 | -4,851,000.00 | 8,013,000.00 | 5,165,000.00 | 2,470,000.00 | -4,977,000.00 | 7,025,000.00 | 4,734,000.00 | 2,265,000.00 | -7,242,000.00 | 9,714,000.00 | 6,687,000.00 | 3,199,000.00 | -3,361,000.00 | 7,648,000.00 | 4,691,000.00 | 1,907,000.00 |
| Gross Profit | 3,141,000.00 | 1,993,000.00 | 929,000.00 | -1,134,000.00 | 2,113,000.00 | 1,306,000.00 | 591,000.00 | -779,000.00 | 1,322,000.00 | 840,000.00 | 341,000.00 | -799,000.00 | 1,053,000.00 | 694,000.00 | 298,000.00 | -712,000.00 | 1,413,000.00 | 890,000.00 | 338,000.00 |
| Operating Expenses | 1,684,000.00 | 1,088,000.00 | 535,000.00 | -867,000.00 | 1,383,000.00 | 913,000.00 | 457,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 1,705,000.00 | 1,101,000.00 | 542,000.00 | -768,000.00 | 1,402,000.00 | 926,000.00 | 463,000.00 | -857,000.00 | 1,383,000.00 | 942,000.00 | 480,000.00 | -1,314,000.00 | 2,124,000.00 | 1,461,000.00 | 733,000.00 | -506,000.00 | 1,432,000.00 | 879,000.00 | 403,000.00 |
| Other Operating Expenses | -21,000.00 | -13,000.00 | -7,000.00 | -99,000.00 | -19,000.00 | -13,000.00 | -6,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1,457,000.00 | 905,000.00 | 394,000.00 | -267,000.00 | 730,000.00 | 393,000.00 | 134,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 407,000.00 | 282,000.00 | 139,000.00 | -371,000.00 | 503,000.00 | 346,000.00 | 173,000.00 | -308,000.00 | 467,000.00 | 314,000.00 | 159,000.00 | -91,000.00 | 333,000.00 | 180,000.00 | 64,000.00 | -48,000.00 | 121,000.00 | 73,000.00 | 30,000.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 2,000.00 | 2,000.00 | 2,000.00 | 2,000.00 | 1,000.00 | 0.00 | 1,000.00 | -6,000.00 | 27,000.00 | 2,000.00 | 2,000.00 | -1,000.00 | 1,000.00 | 1,000.00 | 0.00 | 1,000.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | 156,000.00 | 117,000.00 | 59,000.00 | -3,000.00 | 17,000.00 | -5,000.00 | 7,000.00 | 51,000.00 | 778,000.00 | -45,000.00 | -34,000.00 | -106,000.00 | -109,000.00 | -51,000.00 | -14,000.00 | -15,000.00 | 13,000.00 | 9,000.00 | 10,000.00 |
| Net Income Non-Controlling Interests | 394,000.00 | 282,000.00 | 157,000.00 | 8,000.00 | 114,000.00 | 51,000.00 | 21,000.00 | 213,000.00 | -214,000.00 | -173,000.00 | -126,000.00 | 58,000.00 | -672,000.00 | -447,000.00 | -246,000.00 | -24,000.00 | -59,000.00 | -23,000.00 | -46,000.00 |
| Net Income | 550,000.00 | 399,000.00 | 216,000.00 | 5,000.00 | 131,000.00 | 46,000.00 | 28,000.00 | 264,000.00 | 564,000.00 | -218,000.00 | -160,000.00 | -48,000.00 | -781,000.00 | -498,000.00 | -260,000.00 | -39,000.00 | -46,000.00 | -14,000.00 | -36,000.00 |
| Deprecation and Amortization | 70,000.00 | 46,000.00 | 23,000.00 | -53,000.00 | 72,000.00 | 51,000.00 | 26,000.00 | -58,000.00 | 82,000.00 | 56,000.00 | 28,000.00 | -31,000.00 | 68,000.00 | 41,000.00 | 17,000.00 | -10,000.00 | 26,000.00 | 15,000.00 | 7,000.00 |
| 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 | -0.01 | -0.01 | -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 | 0.01 | -0.00 | -0.00 | 0.00 | -0.01 | -0.01 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 136,247.00 | 134,740.00 | 134,058.00 | 135,745.00 | 119,719.00 | 117,614.00 | 116,298.00 | 117,472.00 | 107,692.00 | 106,117.00 | 106,011.00 | 118,310.00 | 99,134.00 | 95,773.00 | 90,095.00 | 88,939.00 | 81,427.00 | 79,751.00 | 81,103.00 |
| Average Shares Outstanding Diluted | 144,100.00 | 142,923.00 | 142,587.00 | 60,576.00 | 129,253.00 | 126,756.00 | 212,239.00 | 393,060.00 | 197,124.00 | 106,117.00 | 106,011.00 | 118,310.00 | 99,134.00 | 95,773.00 | 90,095.00 | 88,939.00 | 81,427.00 | 79,751.00 | 81,103.00 |
| 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 | 606,000.00 | 261,000.00 | 232,000.00 | -496,000.00 | 858,000.00 | 455,000.00 | 101,000.00 | -616,000.00 | 1,042,000.00 | 443,000.00 | -66,000.00 | 341,000.00 | -585,000.00 | -487,000.00 | -593,000.00 | 499,000.00 | -1,422,000.00 | -1,139,000.00 | -532,000.00 |
| Operating Net Income | 944,000.00 | 681,000.00 | 1,119,000.00 | 821,000.00 | 245,000.00 | 97,000.00 | 49,000.00 | 763,000.00 | 350,000.00 | -391,000.00 | -572,000.00 | -2,378,000.00 | -1,453,000.00 | -945,000.00 | -1,012,000.00 | -268,000.00 | -105,000.00 | -37,000.00 | -164,000.00 |
| Deprecation and Amortization | 70,000.00 | 46,000.00 | 23,000.00 | -53,000.00 | 72,000.00 | 51,000.00 | 26,000.00 | -58,000.00 | 82,000.00 | 56,000.00 | 28,000.00 | -31,000.00 | 68,000.00 | 41,000.00 | 17,000.00 | -10,000.00 | 26,000.00 | 15,000.00 | 7,000.00 |
| 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 | 74,000.00 | 50,000.00 | 23,000.00 | -45,000.00 | 69,000.00 | 45,000.00 | 22,000.00 | -29,000.00 | 52,000.00 | 34,000.00 | 15,000.00 | -19,000.00 | 57,000.00 | 42,000.00 | 28,000.00 | -17,000.00 | 28,000.00 | 18,000.00 | 10,000.00 |
| Change in Working Capital | 861,000.00 | 523,000.00 | 10,000.00 | -30,000.00 | 283,000.00 | 174,000.00 | 95,000.00 | 825,000.00 | -784,000.00 | -533,000.00 | -315,000.00 | -710,000.00 | -610,000.00 | -291,000.00 | 182,000.00 | -652,000.00 | 1,427,000.00 | 1,097,000.00 | 467,000.00 |
| Other Operating Activities | -1,343,000.00 | -1,039,000.00 | -943,000.00 | -1,189,000.00 | 189,000.00 | 88,000.00 | -91,000.00 | -2,117,000.00 | 1,342,000.00 | 1,277,000.00 | 778,000.00 | 3,479,000.00 | 1,353,000.00 | 666,000.00 | 192,000.00 | 1,446,000.00 | -2,798,000.00 | -2,232,000.00 | -852,000.00 |
| Investing Cash Flow | -100,000.00 | -54,000.00 | -35,000.00 | -23,000.00 | -6,000.00 | 9,000.00 | 7,000.00 | 22,000.00 | 22,000.00 | 6,000.00 | -19,000.00 | 2,718,000.00 | -2,568,000.00 | -2,525,000.00 | -208,000.00 | -26,000.00 | -352,000.00 | -174,000.00 | -75,000.00 |
| 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 | 108,000.00 | 65,000.00 | 28,000.00 | -45,000.00 | 76,000.00 | 48,000.00 | 23,000.00 | -95,000.00 | 127,000.00 | 83,000.00 | 44,000.00 | -476,000.00 | 451,000.00 | 361,000.00 | 220,000.00 | -109,000.00 | 390,000.00 | 194,000.00 | 82,000.00 |
| 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 | 51,000.00 | 24,000.00 | 24,000.00 | 0 | 0 | 0 | 0 | -14,000.00 | 7,000.00 | 7,000.00 | 7,000.00 | -2,182,000.00 | 2,189,000.00 | 2,189,000.00 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -259,000.00 | -143,000.00 | -87,000.00 | 22,000.00 | -82,000.00 | -39,000.00 | -16,000.00 | 131,000.00 | -112,000.00 | -84,000.00 | -70,000.00 | 5,376,000.00 | -5,208,000.00 | -5,075,000.00 | -428,000.00 | 83,000.00 | -742,000.00 | -368,000.00 | -157,000.00 |
| Financing Cash Flow | -45,000.00 | -37,000.00 | -53,000.00 | 1,601,000.00 | -514,000.00 | -451,000.00 | -375,000.00 | 457,000.00 | -1,076,000.00 | -400,000.00 | 151,000.00 | -3,375,000.00 | 2,994,000.00 | 3,573,000.00 | 707,000.00 | -308,000.00 | 1,849,000.00 | 1,294,000.00 | 693,000.00 |
| Net Issuance/Repayment of Debt | 6,946,000.00 | 4,444,000.00 | 1,260,000.00 | -5,448,000.00 | 6,381,000.00 | 4,492,000.00 | 2,136,000.00 | -11,473,000.00 | 13,197,000.00 | 9,592,000.00 | 3,603,000.00 | -26,653,000.00 | 26,216,000.00 | 20,735,000.00 | 9,785,000.00 | -3,838,000.00 | 18,622,000.00 | 9,427,000.00 | 4,699,000.00 |
| Net Issuance/Repurchase of Equity | 536,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -7,527,000.00 | -4,481,000.00 | -1,313,000.00 | 7,049,000.00 | -6,895,000.00 | -4,943,000.00 | -2,511,000.00 | 11,930,000.00 | -14,273,000.00 | -9,992,000.00 | -3,452,000.00 | 23,278,000.00 | -23,222,000.00 | -17,162,000.00 | -9,078,000.00 | 3,530,000.00 | -16,773,000.00 | -8,133,000.00 | -4,006,000.00 |
| Net Change in Cash | 461,000.00 | 170,000.00 | 144,000.00 | 1,082,000.00 | 338,000.00 | 13,000.00 | -267,000.00 | -137,000.00 | -12,000.00 | 49,000.00 | 66,000.00 | -316,000.00 | -159,000.00 | 561,000.00 | -94,000.00 | 165,000.00 | 75,000.00 | -19,000.00 | 86,000.00 |
| Cash at Beginning of Period | 1,760,000.00 | 1,760,000.00 | 1,760,000.00 | 678,000.00 | 594,000.00 | 594,000.00 | 594,000.00 | 731,000.00 | 628,000.00 | 628,000.00 | 628,000.00 | 944,000.00 | 636,000.00 | 636,000.00 | 636,000.00 | 471,000.00 | 329,000.00 | 329,000.00 | 329,000.00 |
| Cash at End of Period | 2,221,000.00 | 1,930,000.00 | 1,904,000.00 | 1,760,000.00 | 932,000.00 | 607,000.00 | 327,000.00 | 594,000.00 | 616,000.00 | 677,000.00 | 694,000.00 | 628,000.00 | 477,000.00 | 1,197,000.00 | 542,000.00 | 636,000.00 | 404,000.00 | 310,000.00 | 415,000.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |