CVRX
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -4.78 | -15.80 | -9.08 | |
| Price to Sales | 5.58 | 16.61 | 16.77 | 19.14 |
| Book Value Per Common Share | 2.81 | 3.64 | 5.29 | 7.16 |
| Price to Book | 4.52 | 8.64 | 3.47 | 1.71 |
| Price to Operating Cash Flow | -7.31 | -16.72 | -8.83 | -9.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -5.08 | -5.35 | -23.08 | -3.92 | -7.09 | -17.51 | -9.79 | -13.91 | -16.95 | -6.18 | -5.84 | -12.22 | -0.39 | |||||
| Price to Sales | 5.17 | 5.89 | 25.63 | 5.36 | 11.38 | 35.90 | 11.24 | 18.29 | 24.17 | 12.51 | 13.51 | 30.06 | 35.89 | 1.71 | ||||
| Book Value Per Common Share | 1.83 | 2.22 | 2.66 | 2.81 | 2.69 | 2.54 | 3.07 | 3.64 | 3.98 | 4.34 | 4.81 | 5.29 | 5.75 | 6.18 | 6.68 | 7.16 | 7.65 | -1295.24 |
| Price to Book | 4.40 | 2.65 | 4.59 | 4.52 | 3.27 | 4.71 | 5.93 | 8.64 | 3.81 | 3.56 | 1.94 | 3.47 | 1.62 | 0.97 | 0.90 | 1.71 | 2.16 | -0.02 |
| Price to Operating Cash Flow | -6.91 | -7.38 | -24.79 | -6.19 | -12.40 | -35.48 | -10.09 | -13.86 | -18.82 | -6.01 | -5.93 | -11.51 | -16.25 | -0.89 | ||||
| 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 | ||||
| Revenue YoY | 30.53 | 74.89 | 72.36 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||||||||
| Revenue YoY | 56.64 | 110.05 | 59.23 | 109.63 | 60.14 | 119.06 | 67.93 | 123.43 | -56.54 | 56.74 | ||||||||
| EBITDA YoY | ||||||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 4.69 | 4.36 | 5.17 | 6.96 |
| Quick Ratio | 10.70 | 12.48 | 13.81 | 24.48 |
| Current Ratio | 12.06 | 14.25 | 15.19 | 25.58 |
| Debt to Equity | 0.88 | 0.52 | 0.14 | 0.05 |
| Long-Term Debt to Equity | 0.73 | 0.41 | 0.07 | 0.00 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 3.27 | 3.66 | 3.97 | 4.18 | 4.58 | 3.29 | 3.77 | 4.34 | 4.00 | 4.39 | 4.99 | 5.15 | 5.36 | 5.93 | 6.41 | 6.96 | 8.40 | 621.51 |
| Quick Ratio | 8.32 | 10.55 | 13.13 | 10.70 | 9.97 | 8.66 | 10.55 | 12.48 | 12.06 | 10.93 | 13.79 | 13.81 | 15.59 | 21.15 | 20.46 | 24.48 | 19.70 | 9.17 |
| Current Ratio | 9.62 | 11.99 | 14.83 | 12.06 | 11.32 | 10.08 | 12.18 | 14.25 | 13.99 | 12.55 | 15.15 | 15.19 | 16.82 | 22.33 | 21.57 | 25.58 | 20.42 | 2.16 |
| Debt to Equity | 1.32 | 1.06 | 0.87 | 0.88 | 0.96 | 0.74 | 0.60 | 0.52 | 0.28 | 0.28 | 0.23 | 0.14 | 0.07 | 0.05 | 0.06 | 0.05 | 0.17 | 3.98 |
| Long-Term Debt to Equity | 1.08 | 0.90 | 0.75 | 0.73 | 0.79 | 0.57 | 0.48 | 0.41 | 0.20 | 0.18 | 0.15 | 0.07 | 0.01 | 0.01 | 0.01 | 0.00 | 0.11 | 1.72 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -44.95 | -35.75 | -33.16 | -28.24 |
| ROE | -84.39 | -54.25 | -37.94 | -29.51 |
| Gross Margin | 83.75 | 84.08 | 77.75 | 72.08 |
| Operating Margin | -108.23 | -99.89 | -183.16 | -312.73 |
| EBITDA Margin | -107.02 | -98.56 | -181.33 | -311.45 |
| Net Profit Margin | -116.91 | -104.85 | -184.38 | -330.45 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -37.16 | -23.84 | -10.62 | -38.63 | -37.73 | -20.90 | -30.11 | -20.03 | -9.27 | -24.41 | -15.71 | -6.92 | -17.89 | -47.90 | ||||
| ROE | -86.09 | -49.20 | -19.85 | -75.65 | -65.55 | -33.48 | -38.68 | -25.59 | -11.41 | -26.13 | -16.57 | -7.30 | -20.87 | -238.64 | ||||
| Gross Margin | 84.96 | 83.90 | 83.51 | 83.97 | 84.43 | 85.00 | 83.79 | 83.72 | 83.36 | 77.18 | 76.39 | 76.72 | 71.68 | 70.25 | ||||
| Operating Margin | -91.01 | -98.62 | -99.72 | -128.82 | -151.56 | -196.73 | -109.71 | -127.22 | -139.12 | -201.47 | -230.73 | -244.48 | -326.50 | -419.91 | ||||
| EBITDA Margin | -89.60 | -97.17 | -98.23 | -127.59 | -150.35 | -195.52 | -108.31 | -125.75 | -137.50 | -199.61 | -229.01 | -242.96 | -325.30 | -418.74 | ||||
| Net Profit Margin | -101.83 | -109.89 | -111.48 | -137.17 | -160.41 | -206.00 | -114.46 | -131.73 | -142.55 | -202.00 | -231.27 | -245.12 | -346.64 | -440.83 |
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 | 2024-12-31 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 133,414.00 | 115,229.00 | 124,937.00 | 152,548.00 |
| Current Assets | 129,813.00 | 112,090.00 | 122,878.00 | 151,097.00 |
| Cash and Short-Term Investments | 105,933.00 | 90,569.00 | 106,194.00 | 142,072.00 |
| Cash and Cash Equivalents | 105,933.00 | 90,569.00 | 106,194.00 | 142,072.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 9,268.00 | 7,551.00 | 5,504.00 | 2,560.00 |
| Inventory | 12,107.00 | 10,983.00 | 6,957.00 | 3,880.00 |
| Other Current Assets | 2,505.00 | 2,987.00 | 4,223.00 | 2,585.00 |
| Non-Current Assets | 3,601.00 | 3,139.00 | 2,059.00 | 1,451.00 |
| Property, Plant, Equipment Net | 3,574.00 | 3,112.00 | 2,032.00 | 1,425.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 27.00 | 27.00 | 27.00 | 26.00 |
| Liabilities | 62,359.00 | 39,282.00 | 15,757.00 | 6,589.00 |
| Current Liabilities | 10,762.00 | 7,864.00 | 8,088.00 | 5,908.00 |
| Payables and Expenses | 10,762.00 | 7,864.00 | 8,088.00 | 5,908.00 |
| Account Payables | 2,582.00 | 1,884.00 | 1,719.00 | 510.00 |
| Current Accrued Liabilities | 8,180.00 | 5,980.00 | 6,369.00 | 5,398.00 |
| Short-Term Debt | 282.00 | 231.00 | 222.00 | 0 |
| Other Current Liabilities | -282.00 | -231.00 | -222.00 | 0.00 |
| Non-Current Liabilities | 51,597.00 | 31,418.00 | 7,669.00 | 681.00 |
| Long-Term Debt | 50,150.00 | 30,382.00 | 13,611.00 | 0 |
| Other Non-Current Liabilities | 1,447.00 | 1,036.00 | -5,942.00 | 0 |
| Equity | 71,055.00 | 75,947.00 | 109,180.00 | 145,959.00 |
| Shareholders Equity | 71,055.00 | 75,947.00 | 109,180.00 | 145,959.00 |
| Capital Stock | 253.00 | 209.00 | 207.00 | 204.00 |
| Share Premium | 608,354.00 | 553,326.00 | 545,362.00 | 540,707.00 |
| Retained Earnings | -537,346.00 | -477,381.00 | -436,182.00 | -394,754.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -206.00 | -207.00 | -207.00 | -198.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 50,150.00 | 30,382.00 | 13,611.00 | 0 |
| Common Shares Outstanding | 25,324.68 | 20,879.20 | 20,633.74 | 20,399.34 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 51,292.00 | 39,295.00 | 22,469.00 | 13,036.00 |
| Cost Of Revenue | 8,334.00 | 6,256.00 | 4,999.00 | 3,640.00 |
| Gross Profit | 42,958.00 | 33,039.00 | 17,470.00 | 9,396.00 |
| Operating Expenses | 102,448.00 | 76,142.00 | 59,997.00 | 35,364.00 |
| Selling, General and Administrative Expenses | 91,317.00 | 64,509.00 | 50,045.00 | 27,863.00 |
| Research and Development Expenses | 11,131.00 | 11,633.00 | 9,952.00 | 7,501.00 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -59,490.00 | -43,103.00 | -42,527.00 | -25,968.00 |
| Net Non-Operating Income | -420.00 | 2,051.00 | 1,208.00 | -17,019.00 |
| Interest Expense | 4,397.00 | 1,799.00 | 165.00 | 2,219.00 |
| EBT | -59,910.00 | -41,052.00 | -41,319.00 | -42,987.00 |
| Income Tax | 55.00 | 147.00 | 109.00 | 91.00 |
| Net Income | -59,965.00 | -41,199.00 | -41,428.00 | -43,078.00 |
| EBIT | -55,513.00 | -39,253.00 | -41,154.00 | -40,768.00 |
| Deprecation and Amortization | 619.00 | 522.00 | 412.00 | 168.00 |
| EBITDA | -54,894.00 | -38,731.00 | -40,742.00 | -40,600.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 |
| Average Shares Outstanding Basic | 22,596.23 | 20,754.38 | 20,532.84 | 0 |
| Average Shares Outstanding Diluted | 22,596.23 | 20,754.38 | 20,532.84 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -39,144.00 | -39,021.00 | -42,677.00 | -27,732.00 |
| Operating Net Income | -59,965.00 | -41,199.00 | -41,428.00 | -43,078.00 |
| Deprecation and Amortization | 619.00 | 522.00 | 412.00 | 168.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 19,050.00 | 6,303.00 | 3,887.00 | 1,912.00 |
| Change in Working Capital | 5,569.00 | 4,795.00 | 9,737.00 | 6,010.00 |
| Other Operating Activities | -4,417.00 | -9,442.00 | -15,285.00 | 7,256.00 |
| Investing Cash Flow | -1,361.00 | -591.00 | -685.00 | -1,183.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 1,361.00 | 591.00 | 685.00 | 1,183.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -2,722.00 | -1,182.00 | -1,370.00 | -2,366.00 |
| Financing Cash Flow | 55,870.00 | 23,984.00 | 7,493.00 | 111,883.00 |
| Net Issuance/Repayment of Debt | 20,000.00 | 22,500.00 | 7,500.00 | 21,300.00 |
| Net Issuance/Repurchase of Equity | 36,822.00 | 2,563.00 | 1,371.00 | 133,184.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -952.00 | -1,079.00 | -1,378.00 | -42,601.00 |
| Net Change in Cash | 15,364.00 | -15,625.00 | -35,878.00 | 82,960.00 |
| Cash at Beginning of Period | 90,569.00 | 106,194.00 | 142,072.00 | 59,112.00 |
| Cash at End of Period | 105,933.00 | 90,569.00 | 106,194.00 | 142,072.00 |
| Free Cash Flow | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 111,325.00 | 119,564.00 | 129,589.00 | 133,414.00 | 127,673.00 | 95,981.00 | 106,171.00 | 115,229.00 | 106,404.00 | 114,973.00 | 122,691.00 | 124,937.00 | 126,576.00 | 134,037.00 | 144,405.00 | 152,548.00 | 181,707.00 | 55,062.00 |
| Current Assets | 107,890.00 | 116,145.00 | 126,134.00 | 129,813.00 | 123,872.00 | 91,992.00 | 102,322.00 | 112,090.00 | 103,597.00 | 112,012.00 | 120,582.00 | 122,878.00 | 124,412.00 | 131,936.00 | 142,201.00 | 151,097.00 | 180,697.00 | 54,216.00 |
| Cash and Short-Term Investments | 85,124.00 | 95,025.00 | 102,668.00 | 105,933.00 | 100,161.00 | 70,400.00 | 80,115.00 | 90,569.00 | 82,993.00 | 90,815.00 | 103,276.00 | 106,194.00 | 109,985.00 | 121,346.00 | 131,177.00 | 142,072.00 | 170,913.00 | 227,513.00 |
| Cash and Cash Equivalents | 85,124.00 | 95,025.00 | 102,668.00 | 105,933.00 | 100,161.00 | 70,400.00 | 80,115.00 | 90,569.00 | 82,993.00 | 90,815.00 | 103,276.00 | 106,194.00 | 109,985.00 | 121,346.00 | 131,177.00 | 142,072.00 | 170,913.00 | 227,513.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 8,209.00 | 7,153.00 | 9,012.00 | 9,268.00 | 9,033.00 | 8,606.00 | 8,495.00 | 7,551.00 | 6,372.00 | 6,726.00 | 6,434.00 | 5,504.00 | 5,297.00 | 3,601.00 | 3,673.00 | 2,560.00 | 3,421.00 | 2,243.00 |
| Inventory | 11,394.00 | 11,720.00 | 11,672.00 | 12,107.00 | 11,892.00 | 11,224.00 | 11,056.00 | 10,983.00 | 10,887.00 | 10,928.00 | 8,241.00 | 6,957.00 | 6,064.00 | 5,834.00 | 5,261.00 | 3,880.00 | 3,440.00 | 3,161.00 |
| Other Current Assets | 3,163.00 | 2,247.00 | 2,782.00 | 2,505.00 | 2,786.00 | 1,762.00 | 2,656.00 | 2,987.00 | 3,345.00 | 3,543.00 | 2,631.00 | 4,223.00 | 3,066.00 | 1,155.00 | 2,090.00 | 2,585.00 | 2,923.00 | -178,701.00 |
| Non-Current Assets | 3,435.00 | 3,419.00 | 3,455.00 | 3,601.00 | 3,801.00 | 3,989.00 | 3,849.00 | 3,139.00 | 2,807.00 | 2,961.00 | 2,109.00 | 2,059.00 | 2,164.00 | 2,101.00 | 2,204.00 | 1,451.00 | 1,010.00 | 846.00 |
| Property, Plant, Equipment Net | 3,409.00 | 3,393.00 | 3,429.00 | 3,574.00 | 3,775.00 | 3,963.00 | 3,823.00 | 3,112.00 | 2,781.00 | 2,934.00 | 2,082.00 | 2,032.00 | 2,138.00 | 2,075.00 | 2,178.00 | 1,425.00 | 943.00 | 820.00 |
| Goodwill | 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 |
| Long-Term Investments | 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 |
| Other Non-Current Assets | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 | 26.00 | 26.00 | 27.00 | 26.00 | 27.00 | 27.00 | 27.00 | 26.00 | 26.00 | 26.00 | 26.00 | 67.00 | 26.00 |
| Liabilities | 63,271.00 | 61,630.00 | 60,229.00 | 62,359.00 | 62,490.00 | 40,733.00 | 39,910.00 | 39,282.00 | 23,577.00 | 25,009.00 | 23,049.00 | 15,757.00 | 8,332.00 | 6,891.00 | 7,602.00 | 6,589.00 | 25,943.00 | 44,010.00 |
| Current Liabilities | 11,218.00 | 9,689.00 | 8,508.00 | 10,762.00 | 10,947.00 | 9,126.00 | 8,398.00 | 7,864.00 | 7,407.00 | 8,925.00 | 7,957.00 | 8,088.00 | 7,396.00 | 5,909.00 | 6,592.00 | 5,908.00 | 8,851.00 | 25,044.00 |
| Payables and Expenses | 11,218.00 | 9,689.00 | 8,508.00 | 10,762.00 | 10,947.00 | 9,126.00 | 8,398.00 | 7,864.00 | 7,407.00 | 8,925.00 | 7,957.00 | 8,088.00 | 7,396.00 | 5,909.00 | 6,592.00 | 5,908.00 | 5,518.00 | 4,660.00 |
| Account Payables | 3,628.00 | 3,032.00 | 2,751.00 | 2,582.00 | 3,276.00 | 3,516.00 | 2,608.00 | 1,884.00 | 1,133.00 | 2,933.00 | 1,996.00 | 1,719.00 | 1,276.00 | 608.00 | 1,607.00 | 510.00 | 541.00 | 888.00 |
| Current Accrued Liabilities | 7,590.00 | 6,657.00 | 5,757.00 | 8,180.00 | 7,671.00 | 5,610.00 | 5,790.00 | 5,980.00 | 6,274.00 | 5,992.00 | 5,961.00 | 6,369.00 | 6,120.00 | 5,301.00 | 4,985.00 | 5,398.00 | 4,977.00 | 3,772.00 |
| Short-Term Debt | 342.00 | 333.00 | 290.00 | 282.00 | 275.00 | 247.00 | 239.00 | 231.00 | 170.00 | 185.00 | 227.00 | 222.00 | 218.00 | 212.00 | 208.00 | 0 | 3,333.00 | 1,333.00 |
| Other Current Liabilities | -342.00 | -333.00 | -290.00 | -282.00 | -275.00 | -247.00 | -239.00 | -231.00 | -170.00 | -185.00 | -227.00 | -222.00 | -218.00 | -212.00 | -208.00 | 0.00 | 0.00 | 19,051.00 |
| Non-Current Liabilities | 52,053.00 | 51,941.00 | 51,721.00 | 51,597.00 | 51,543.00 | 31,607.00 | 31,512.00 | 31,418.00 | 16,170.00 | 16,084.00 | 15,092.00 | 7,669.00 | 936.00 | 982.00 | 1,010.00 | 681.00 | 17,092.00 | 18,966.00 |
| Long-Term Debt | 50,183.00 | 50,211.00 | 50,134.00 | 50,150.00 | 50,165.00 | 30,342.00 | 30,362.00 | 30,382.00 | 15,210.00 | 15,199.00 | 14,277.00 | 13,611.00 | 175.00 | 250.00 | 304.00 | 0 | 16,151.00 | 18,082.00 |
| Other Non-Current Liabilities | 1,870.00 | 1,730.00 | 1,587.00 | 1,447.00 | 1,378.00 | 1,265.00 | 1,150.00 | 1,036.00 | 960.00 | 885.00 | 815.00 | -5,942.00 | 761.00 | 732.00 | 706.00 | 0 | 941.00 | 884.00 |
| Equity | 48,054.00 | 57,934.00 | 69,360.00 | 71,055.00 | 65,183.00 | 55,248.00 | 66,261.00 | 75,947.00 | 82,827.00 | 89,964.00 | 99,642.00 | 109,180.00 | 118,244.00 | 127,146.00 | 136,803.00 | 145,959.00 | 155,764.00 | 11,052.00 |
| Shareholders Equity | 48,054.00 | 57,934.00 | 69,360.00 | 71,055.00 | 65,183.00 | 55,248.00 | 66,261.00 | 75,947.00 | 82,827.00 | 89,964.00 | 99,642.00 | 109,180.00 | 118,244.00 | 127,146.00 | 136,803.00 | 145,959.00 | 155,764.00 | -474,502.00 |
| Capital Stock | 262.00 | 261.00 | 261.00 | 253.00 | 242.00 | 217.00 | 216.00 | 209.00 | 208.00 | 208.00 | 207.00 | 207.00 | 206.00 | 206.00 | 205.00 | 204.00 | 204.00 | 4.00 |
| Share Premium | 626,714.00 | 623,724.00 | 620,416.00 | 608,354.00 | 591,844.00 | 568,837.00 | 565,822.00 | 553,326.00 | 551,045.00 | 549,150.00 | 547,195.00 | 545,362.00 | 543,903.00 | 542,967.00 | 541,547.00 | 540,707.00 | 539,941.00 | 59,311.00 |
| Retained Earnings | -578,718.00 | -565,848.00 | -551,112.00 | -537,346.00 | -526,695.00 | -513,596.00 | -499,567.00 | -477,381.00 | -468,218.00 | -459,207.00 | -447,556.00 | -436,182.00 | -425,646.00 | -415,816.00 | -404,745.00 | -394,754.00 | -384,184.00 | -378,051.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -204.00 | -203.00 | -205.00 | -206.00 | -208.00 | -210.00 | -210.00 | -207.00 | -208.00 | -187.00 | -204.00 | -207.00 | -219.00 | -211.00 | -204.00 | -198.00 | -197.00 | -195.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 50,183.00 | 50,211.00 | 50,134.00 | 50,150.00 | 50,165.00 | 30,342.00 | 30,362.00 | 30,382.00 | 15,210.00 | 15,199.00 | 14,277.00 | 13,611.00 | 175.00 | 250.00 | 304.00 | 0 | 19,484.00 | 19,415.00 |
| Common Shares Outstanding | 26,193.73 | 26,145.95 | 26,051.99 | 25,324.68 | 24,203.66 | 21,712.36 | 21,593.17 | 20,879.20 | 20,813.61 | 20,750.91 | 20,708.94 | 20,633.74 | 20,578.96 | 20,576.15 | 20,486.97 | 20,399.34 | 20,351.78 | 366.34 |
| 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 40,627.00 | 25,937.00 | 12,348.00 | -18,005.00 | 35,950.00 | 22,577.00 | 10,770.00 | -14,153.00 | 27,990.00 | 17,479.00 | 7,979.00 | -6,007.00 | 15,293.00 | 9,107.00 | 4,076.00 | 9,378.00 | 5,983.00 |
| Cost Of Revenue | 6,112.00 | 4,175.00 | 2,036.00 | -2,559.00 | 5,763.00 | 3,515.00 | 1,615.00 | -2,453.00 | 4,536.00 | 2,845.00 | 1,328.00 | -1,590.00 | 3,490.00 | 2,150.00 | 949.00 | 2,656.00 | 1,780.00 |
| Gross Profit | 34,515.00 | 21,762.00 | 10,312.00 | -15,446.00 | 30,187.00 | 19,062.00 | 9,155.00 | -11,700.00 | 23,454.00 | 14,634.00 | 6,651.00 | -4,417.00 | 11,803.00 | 6,957.00 | 3,127.00 | 6,722.00 | 4,203.00 |
| Operating Expenses | 74,596.00 | 49,575.00 | 23,749.00 | -63,609.00 | 79,403.00 | 55,267.00 | 31,387.00 | -38,115.00 | 56,896.00 | 38,548.00 | 18,813.00 | -23,768.00 | 42,851.00 | 27,879.00 | 13,035.00 | 23,902.00 | 14,092.00 |
| Selling, General and Administrative Expenses | 66,464.00 | 44,589.00 | 21,232.00 | -57,535.00 | 71,077.00 | 49,445.00 | 28,330.00 | -30,244.00 | 47,504.00 | 31,852.00 | 15,397.00 | -19,943.00 | 35,945.00 | 23,266.00 | 10,777.00 | 18,198.00 | 10,087.00 |
| Research and Development Expenses | 8,132.00 | 4,986.00 | 2,517.00 | -6,074.00 | 8,326.00 | 5,822.00 | 3,057.00 | -7,871.00 | 9,392.00 | 6,696.00 | 3,416.00 | -3,825.00 | 6,906.00 | 4,613.00 | 2,258.00 | 5,704.00 | 4,005.00 |
| Other Operating Expenses | 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 |
| Operating Income | -40,081.00 | -27,813.00 | -13,437.00 | 48,163.00 | -49,216.00 | -36,205.00 | -22,232.00 | 26,415.00 | -33,442.00 | -23,914.00 | -12,162.00 | 19,351.00 | -31,048.00 | -20,922.00 | -9,908.00 | -17,180.00 | -9,889.00 |
| Net Non-Operating Income | -1,302.00 | -697.00 | -334.00 | -601.00 | 28.00 | 69.00 | 84.00 | -1,242.00 | 1,514.00 | 957.00 | 822.00 | 1,119.00 | 237.00 | -91.00 | -57.00 | -15,262.00 | -16,443.00 |
| Interest Expense | 4,410.00 | 2,930.00 | 1,457.00 | -1,359.00 | 2,877.00 | 1,919.00 | 960.00 | -382.00 | 1,220.00 | 721.00 | 240.00 | 165.00 | 0.00 | 0.00 | 0.00 | 1,823.00 | 1,209.00 |
| EBT | -41,383.00 | -28,510.00 | -13,771.00 | 47,562.00 | -49,188.00 | -36,136.00 | -22,148.00 | 25,173.00 | -31,928.00 | -22,957.00 | -11,340.00 | 20,470.00 | -30,811.00 | -21,013.00 | -9,965.00 | -32,442.00 | -26,332.00 |
| Income Tax | 11.00 | 8.00 | 5.00 | -188.00 | 126.00 | 79.00 | 38.00 | -63.00 | 108.00 | 68.00 | 34.00 | -47.00 | 81.00 | 49.00 | 26.00 | 66.00 | 43.00 |
| Net Income | -41,372.00 | -28,502.00 | -13,766.00 | 47,750.00 | -49,314.00 | -36,215.00 | -22,186.00 | 25,236.00 | -32,036.00 | -23,025.00 | -11,374.00 | 20,517.00 | -30,892.00 | -21,062.00 | -9,991.00 | -32,508.00 | -26,375.00 |
| EBIT | -36,973.00 | -25,580.00 | -12,314.00 | 46,203.00 | -46,311.00 | -34,217.00 | -21,188.00 | 24,791.00 | -30,708.00 | -22,236.00 | -11,100.00 | 20,635.00 | -30,811.00 | -21,013.00 | -9,965.00 | -30,619.00 | -25,123.00 |
| Deprecation and Amortization | 571.00 | 377.00 | 184.00 | -225.00 | 441.00 | 272.00 | 131.00 | -256.00 | 393.00 | 256.00 | 129.00 | -91.00 | 284.00 | 157.00 | 62.00 | 112.00 | 70.00 |
| EBITDA | -36,402.00 | -25,203.00 | -12,130.00 | 45,978.00 | -45,870.00 | -33,945.00 | -21,057.00 | 24,535.00 | -30,315.00 | -21,980.00 | -10,971.00 | 20,544.00 | -30,527.00 | -20,856.00 | -9,903.00 | -30,507.00 | -25,053.00 |
| 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 | -0.07 |
| 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 | 0 |
| Average Shares Outstanding Basic | 26,039.72 | 25,974.23 | 25,876.06 | 25,838.04 | 21,884.59 | 21,430.28 | 21,232.01 | 20,891.66 | 20,730.02 | 20,702.59 | 20,693.22 | 20,686.33 | 20,512.25 | 20,479.43 | 20,453.34 | 0 | 366.07 |
| Average Shares Outstanding Diluted | 26,039.72 | 25,974.23 | 25,876.06 | 25,838.04 | 21,884.59 | 21,430.28 | 21,232.01 | 20,891.66 | 20,730.02 | 20,702.59 | 20,693.22 | 20,712.42 | 20,512.25 | 20,453.34 | 20,453.34 | 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -30,412.00 | -20,703.00 | -12,767.00 | 23,614.00 | -31,136.00 | -20,726.00 | -10,896.00 | 25,467.00 | -31,182.00 | -23,057.00 | -10,249.00 | 20,543.00 | -31,836.00 | -20,740.00 | -10,644.00 | -20,717.00 | -11,502.00 |
| Operating Net Income | -41,372.00 | -28,502.00 | -13,766.00 | 47,750.00 | -49,314.00 | -36,215.00 | -22,186.00 | 25,236.00 | -32,036.00 | -23,025.00 | -11,374.00 | 20,517.00 | -30,892.00 | -21,062.00 | -9,991.00 | -32,508.00 | -26,375.00 |
| Deprecation and Amortization | 571.00 | 377.00 | 184.00 | -225.00 | 441.00 | 272.00 | 131.00 | -256.00 | 393.00 | 256.00 | 129.00 | -91.00 | 284.00 | 157.00 | 62.00 | 112.00 | 70.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 8,259.00 | 5,371.00 | 2,455.00 | -22,141.00 | 16,365.00 | 13,685.00 | 11,141.00 | -3,296.00 | 4,713.00 | 3,181.00 | 1,705.00 | -1,621.00 | 2,822.00 | 1,893.00 | 793.00 | 1,159.00 | 685.00 |
| Change in Working Capital | -316.00 | -3,614.00 | -2,541.00 | -2,794.00 | 5,528.00 | 1,521.00 | 1,314.00 | -4,591.00 | 3,422.00 | 5,462.00 | 502.00 | -943.00 | 6,750.00 | 1,420.00 | 2,510.00 | 6,212.00 | 2,565.00 |
| Other Operating Activities | 2,446.00 | 5,665.00 | 901.00 | 1,024.00 | -4,156.00 | 11.00 | -1,296.00 | 8,374.00 | -7,674.00 | -8,931.00 | -1,211.00 | 2,681.00 | -10,800.00 | -3,148.00 | -4,018.00 | 4,308.00 | 11,553.00 |
| Investing Cash Flow | -512.00 | -217.00 | -114.00 | 2,137.00 | -1,309.00 | -1,272.00 | -917.00 | 454.00 | -422.00 | -383.00 | -240.00 | 556.00 | -606.00 | -342.00 | -293.00 | -645.00 | -480.00 |
| 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 |
| Net Purchase/Sale of PPE | 512.00 | 217.00 | 114.00 | -2,137.00 | 1,309.00 | 1,272.00 | 917.00 | -454.00 | 422.00 | 383.00 | 240.00 | -556.00 | 606.00 | 342.00 | 293.00 | 645.00 | 480.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,024.00 | -434.00 | -228.00 | 4,274.00 | -2,618.00 | -2,544.00 | -1,834.00 | 908.00 | -844.00 | -766.00 | -480.00 | 1,112.00 | -1,212.00 | -684.00 | -586.00 | -1,290.00 | -960.00 |
| Financing Cash Flow | 10,110.00 | 10,007.00 | 9,615.00 | 10,638.00 | 42,036.00 | 1,834.00 | 1,362.00 | -29.00 | 8,404.00 | 8,041.00 | 7,568.00 | 6,700.00 | 376.00 | 369.00 | 48.00 | 133,170.00 | 2.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0.00 | 20,000.00 | 0 | 0 | 0.00 | 7,500.00 | 7,500.00 | 7,500.00 | 7,500.00 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 10,510.00 | 10,407.00 | 9,615.00 | 10,640.00 | 22,586.00 | 2,234.00 | 1,362.00 | -144.00 | 1,471.00 | 1,108.00 | 128.00 | -22.00 | 676.00 | 669.00 | 48.00 | 133,171.00 | 2.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -400.00 | -400.00 | 0.00 | -2.00 | -550.00 | -400.00 | 0.00 | 115.00 | -567.00 | -567.00 | -60.00 | -778.00 | -300.00 | -300.00 | 0.00 | -1.00 | 0.00 |
| Net Change in Cash | -20,809.00 | -10,908.00 | -3,265.00 | 36,395.00 | 9,592.00 | -20,169.00 | -10,454.00 | 25,873.00 | -23,201.00 | -15,379.00 | -2,918.00 | 27,830.00 | -32,087.00 | -20,726.00 | -10,895.00 | 111,801.00 | -11,984.00 |
| Cash at Beginning of Period | 105,933.00 | 105,933.00 | 105,933.00 | 69,538.00 | 90,569.00 | 90,569.00 | 90,569.00 | 64,696.00 | 106,194.00 | 106,194.00 | 106,194.00 | 78,364.00 | 142,072.00 | 142,072.00 | 142,072.00 | 59,112.00 | 59,112.00 |
| Cash at End of Period | 85,124.00 | 95,025.00 | 102,668.00 | 105,933.00 | 100,161.00 | 70,400.00 | 80,115.00 | 90,569.00 | 82,993.00 | 90,815.00 | 103,276.00 | 106,194.00 | 109,985.00 | 121,346.00 | 131,177.00 | 170,913.00 | 47,128.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |