Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.06 -3807.89 -14815.25
Price to Sales 4.57 58346.77 1093506.49
Book Value Per Common Share 58.23 0.16 0.72 0.84
Price to Book 2.19 13218.64 12828.85 73060.65
Price to Operating Cash Flow -0.18 -4455.96 -17600.03 -188058.95
Price to Free Cash Flow -0.15 -4086.03 -17121.07
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Price to Earnings -5.03 -5.33 -0.69 -1.43 -31162.50 -99465.24 -142207.79
Price to Sales 609.09 862.28 110.49 163.01 24930000.00 652860.65
Book Value Per Common Share 4.85 6.64 12.64 58.23 492.17 0.09 0.16 0.58 0.72 0.70 0.84
Price to Book 1.24 2.17 0.36 2.19 1.19 27669.26 13218.64 29361.16 12828.85 28344.38 73060.65
Price to Operating Cash Flow -10.44 -4.64 -0.80 -1.46 -32889.18 -105946.68 -157259.80
Price to Free Cash Flow -9.25 -4.17 -0.71 -1.29 -31637.06
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY -75.28 468.44
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Earning YoY
Revenue YoY 107.47 -28.47 -85.03 -99.37
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 1786.38 0.09 0.34 1.66
Quick Ratio 6.94 2.10
Current Ratio 7.33 4.55 17.14 55.28
Debt to Equity 1.60 0.23 0.06 0.02
Long-Term Debt to Equity 1.29 0.03 0.00 0.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Cash Per Common Share 4.95 19.45 14.20 118.62 209.67 0.06 0.06 0.23 0.31 1.37 1.66
Quick Ratio 9.29 13.46 7.47 6.94 2.07 3.27 2.10
Current Ratio 9.99 14.54 8.49 7.33 2.43 3.70 4.55 17.14 23.23 55.28
Debt to Equity 0.27 0.20 0.10 1.60 0.28 0.23 0.23 0.05 0.06 0.05 0.02
Long-Term Debt to Equity 0.17 0.14 0.00 1.29 0.02 0.03 0.00 0.01 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -97.20 -175.02 -75.42 -34.43
ROE -252.31 -214.49 -79.76 -35.06
Gross Margin -45.52 17.93 28.69
Operating Margin -7642.44 -1531.66 -7342.18
EBITDA Margin -7460.61 -1467.11 -7111.31
Net Profit Margin -7946.01 -1531.66 -7342.18
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
ROA -17.13 -9.70 -31.18 -63.99 -60.97 -27.68 -19.02
ROE -21.82 -11.65 -34.29 -81.63 -74.90 -28.98 -20.06
Gross Margin 27.38 49.76 74.95 -230.47 -1963.78 29.34
Operating Margin -12028.93 -16313.42 -16102.91 -11575.74 -108290.93 -644.91
EBITDA Margin -11612.77 -15239.45 -15591.99 -11077.74 -104198.97 -618.78
Net Profit Margin -12059.85 -16154.63 -16102.91 -11405.93 -108290.93 -644.91

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 30,095.35 13,033.36 25,505.01 22,654.99
   Current Assets 25,582.96 9,469.98 23,776.75 22,521.28
   Deposits 160.15 0 0 0
      Cash and Short-Term Investments 23,617.73 3,600.00 10,500.00 43,991.96
            Cash and Cash Equivalents 23,617.73 3,591.62 10,586.27 21,995.98
            Short-Term Investments 0 4,561.93 12,064.34 21,995.98
      Net Receivables 585.43 765.70 0 0
      Inventory 150.24 0 0 0
      Other Current Assets 1,229.55 5,104.28 13,276.75 -21,470.68
   Non-Current Assets 4,512.39 3,563.38 1,728.27 133.70
      Property, Plant, Equipment Net 2,617.32 2,478.96 884.00 102.79
      Goodwill 0 0 0 0
      Intangible Assets 1,895.07 1,084.41 473.08 30.92
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 21.75 0 0 0
      Other Non-Current Assets -21.75 0.00 371.19 0.00
Liabilities 18,501.70 2,398.17 1,387.48 407.43
   Current Liabilities 3,489.34 2,080.82 1,387.48 407.43
      Payables and Expenses 1,611.82 1,182.72 722.55 313.27
            Account Payables 297.78 196.96 155.94 112.27
            Current Accrued Liabilities 1,314.04 985.75 566.61 201.00
      Short-Term Debt 317.34 682.72 376.62 0
      Other Current Liabilities 1,560.18 215.39 288.31 94.16
   Non-Current Liabilities 15,012.36 317.34 0.00 0.00
      Long-Term Debt 0 317.34 0 0
      Other Non-Current Liabilities 0 0.00 0 0
Equity 11,593.65 10,635.19 24,117.53 22,247.56
   Shareholders Equity 11,593.65 10,635.19 24,117.53 22,247.56
      Capital Stock 0.00 0.65 0.34 0.27
      Share Premium 200,863.55 170,652.16 159,847.23 138,570.43
      Retained Earnings -189,269.90 -160,017.62 -135,730.04 -116,493.53
      Treasury Shares 0 4,600.00 12,100.00 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Investments 0 4,561.93 12,064.34 21,995.98
Debt 317.34 1,000.06 376.62 0
Common Shares Outstanding 199.11 64,773.76 33,684.86 26,487.68
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 368.14 1,489.32 262.00 0
Cost Of Revenue 535.71 1,222.32 186.82 0
Gross Profit -167.57 267.00 75.18 0
Operating Expenses 22,660.51 23,612.94 19,475.90 9,400.06
   Selling, General and Administrative Expenses 11,400.86 10,892.95 9,994.58 4,409.65
   Research and Development Expenses 11,259.64 12,719.98 9,481.33 4,990.41
   Other Operating Expenses 0.00 0.00 0.00 0.00
Operating Income -22,828.08 -23,345.94 -19,400.73 -9,400.06
Net Non-Operating Income -6,424.21 534.71 164.22 1,600.53
Interest Expense 1,117.55 0.00 0.00 9.58
Net Interest -1,117.55 137.89 44.10 -9.58
EBT -29,252.28 -22,811.23 -19,236.51 -7,799.53
Income Tax 0.00 0.00 0.85 0.80
Net Income Including Non-Controlling Interests 0 0 -38,436.51 -15,599.53
Net Income Non-Controlling Interests 0 0 19,200.00 7,800.00
Net Income -29,252.28 -22,811.23 -19,236.51 -7,799.53
EBIT -28,134.74 -22,811.23 -19,236.51 -7,789.95
Deprecation and Amortization 669.41 961.28 604.87 85.86
EBITDA -27,465.33 -21,849.95 -18,631.64 -7,704.09
EPS -2.21 -0.00 -0.00 0
Diluted EPS -2.21 -0.00 -0.00 0
Average Shares Outstanding Basic 13.22 39,987.86 31,233.07 0
Average Shares Outstanding Diluted 13.22 39,987.86 31,233.07 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -9,493.50 -19,477.60 -16,299.22 -8,642.42
   Operating Net Income -29,252.28 -22,811.23 -19,236.51 -7,799.53
   Deprecation and Amortization 669.41 961.28 604.87 85.86
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 2,449.19 3,208.10 2,867.70 1,139.25
   Change in Working Capital -545.47 -1,362.03 -1,381.45 -437.20
   Other Operating Activities 17,185.65 526.27 846.17 -1,630.80
Investing Cash Flow 2,935.23 6,362.17 -13,349.26 -20.02
   Capital Expenditure -2,005.71 -1,764.53 -456.82 0.00
   Net Purchase/Sale of PPE -1,739.77 -1,764.53 -456.82 0
   Net Purchase/Sale of Investments Net 0 7,945.80 -11,974.12 0
   Net Purchase/Sale of Business 0 0 -918.32 -62.20
   Other Investing Activities 6,680.71 1,945.43 456.82 42.19
Financing Cash Flow 26,584.38 6,120.79 18,238.78 24,202.22
   Net Issuance/Repayment of Debt -2,573.74 1,747.47 0 892.12
   Net Issuance/Repurchase of Equity 8,597.96 4,373.32 18,238.78 23,310.11
   Dividends Paid 0 0 0 0
   Other Financing Activities 20,560.16 0.00 0.00 0.00
Net Change in Cash 20,026.11 -6,994.65 -11,409.71 15,539.79
   Cash at Beginning of Period 3,591.62 10,586.27 21,995.98 6,456.19
   Cash at End of Period 23,617.73 3,591.62 10,586.27 21,995.98
Free Cash Flow -11,499.21 -21,242.14 -16,756.04 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31
Assets 49,267.43 56,180.91 24,349.04 30,095.35 8,481.14 9,792.33 13,033.36 20,334.45 25,505.01 20,082.94 22,654.99
   Current Assets 39,080.38 43,634.63 18,726.90 25,582.96 4,451.25 6,273.40 9,469.98 18,341.73 23,776.75 18,967.09 22,521.28
   Deposits 0 0 160.15 160.15 0 0 0 0 0 0 0
      Cash and Short-Term Investments 34,874.96 39,234.84 16,338.73 23,617.73 2,787.19 4,771.28 3,600.00 7,900.00 10,500.00 36,915.46 43,991.96
            Cash and Cash Equivalents 4,820.46 31,343.21 1,002.33 23,617.73 1,974.44 2,192.40 3,591.62 7,967.98 10,586.27 18,457.73 21,995.98
            Short-Term Investments 30,054.49 7,891.62 15,336.40 0 812.75 2,578.88 4,561.93 8,988.75 12,064.34 18,457.73 21,995.98
      Net Receivables 1,446.43 1,143.51 142.05 585.43 1,009.74 763.62 765.70 0 0 0 0
      Inventory 885.50 985.72 902.16 150.24 375.60 70.28 0 0 0 0 0
      Other Current Assets 1,873.49 2,270.56 1,343.96 1,229.55 278.72 668.21 5,104.28 10,441.73 13,276.75 -17,948.37 -21,470.68
   Non-Current Assets 10,187.06 12,546.28 5,622.14 4,512.39 4,029.89 3,518.94 3,563.38 1,992.72 1,728.27 1,115.85 133.70
      Property, Plant, Equipment Net 9,197.69 8,961.89 2,560.24 2,617.32 2,541.56 2,473.53 2,478.96 1,250.28 884.00 355.73 102.79
      Goodwill 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 470.78 3,065.81 2,543.32 1,895.07 1,488.33 1,045.41 1,084.41 509.27 473.08 30.05 30.92
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 21.75 0 0 0 0 0 0 0
      Other Non-Current Assets 518.58 518.58 518.58 -21.75 0.00 0.00 0.00 233.17 371.19 730.07 0.00
Liabilities 10,588.06 9,417.76 2,206.13 18,501.70 1,831.98 1,821.14 2,398.17 913.93 1,387.48 1,045.39 407.43
   Current Liabilities 3,911.83 3,000.24 2,206.13 3,489.34 1,831.98 1,693.57 2,080.82 0 1,387.48 816.65 407.43
      Payables and Expenses 2,865.47 2,035.41 1,090.62 1,611.82 1,326.75 608.31 1,182.72 565.10 722.55 218.90 313.27
            Account Payables 360.42 176.27 281.67 297.78 190.49 248.68 196.96 443.60 155.94 94.69 112.27
            Current Accrued Liabilities 2,488.91 1,689.08 808.96 1,314.04 1,001.06 359.63 985.75 121.50 566.61 124.21 201.00
      Short-Term Debt 36.97 202.56 127.57 317.34 505.23 724.65 682.72 238.60 376.62 548.98 0
      Other Current Liabilities 1,009.39 762.26 987.94 1,560.18 0.00 360.61 215.39 0 288.31 48.76 94.16
   Non-Current Liabilities 6,676.23 6,417.52 0.00 15,012.36 0 127.57 317.34 0 0.00 228.74 0.00
      Long-Term Debt 6,676.23 6,417.52 0 0 0 127.57 317.34 0 0 228.74 0
      Other Non-Current Liabilities 0.00 0.00 0 0 0 0.00 0.00 0 0 0.00 0
Equity 38,679.37 46,763.16 22,142.90 11,593.65 6,649.16 7,971.19 10,635.19 19,420.51 24,117.53 19,037.55 22,247.56
   Shareholders Equity 38,679.37 46,763.16 22,142.90 11,593.65 6,649.16 7,971.19 10,635.19 19,420.51 24,117.53 19,037.55 22,247.56
      Capital Stock 0.07 0.07 0.02 0.00 0.02 0.88 0.65 0.34 0.34 0.27 0.27
      Share Premium 249,831.10 249,074.14 219,005.63 200,863.55 183,883.19 173,958.01 170,652.16 160,778.97 159,847.23 139,179.45 138,570.43
      Retained Earnings -211,151.80 -202,311.06 -196,862.74 -189,269.90 -177,234.05 -165,987.70 -160,017.62 -141,358.80 -135,730.04 -120,312.57 -116,493.53
      Treasury Shares 0 0 0 0 0 2,600.00 4,600.00 9,000.00 12,100.00 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 15,336.40 0 0 2,578.88 4,561.93 8,988.75 12,064.34 18,457.73 21,995.98
Debt 6,713.20 6,620.08 127.57 317.34 505.23 852.23 1,000.06 238.60 376.62 777.72 0
Common Shares Outstanding 7,974.38 7,039.27 1,751.91 199.11 13.51 88,454.65 64,773.76 33,719.59 33,684.86 27,104.43 26,487.68
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-03-31 2022-03-31
Revenues 69.97 33.73 47.15 315.04 47.58 0 5.51 872.80 0
Cost Of Revenue 50.82 16.94 11.81 264.68 157.25 0 113.78 616.69 0
Interest Income 0 0 0 0 46.34 0 0 0 0
Interest Expense 0 0 0.00 1,117.55 0 0 0.00 0.00 0.38
Net Interest 0 0 74.82 -1,118.87 0 0 1.33 46.90 -0.38
Non-Interest Expense 3,181.20 3,548.52 0 0 2,602.95 0 0 0 0
Gross Profit 19.16 16.78 35.34 50.36 -109.67 0 -108.26 256.11 0
Operating Expenses 8,436.16 5,518.65 5,250.37 11,403.87 5,398.53 0 5,858.10 6,100.98 3,818.66
   Selling, General and Administrative Expenses 3,181.20 3,548.52 3,143.46 6,094.51 2,602.95 0 2,703.40 3,070.92 2,137.52
   Research and Development Expenses 5,254.95 1,970.12 2,106.91 5,309.36 2,795.58 0 3,154.70 3,030.06 1,681.14
   Other Operating Expenses 0 0 0.00 0.00 0 0 0.00 0.00 0.00
Operating Income -8,417.00 -5,501.86 -5,215.03 -11,353.51 -5,508.20 0 -5,966.36 -5,844.87 -3,818.66
Net Non-Operating Income 230.86 251.54 -2,377.81 -6,454.96 34.47 0 -3.72 216.11 -0.38
EBT -8,438.64 -5,448.31 -7,592.84 -17,854.81 -5,427.40 0 -5,970.08 -5,628.76 -3,819.04
Income Tax 0 0 0.00 0.00 0 0 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -8,438.64 -5,448.31 0 0 -5,427.40 0 0 -11,328.76 -7,619.04
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 5,700.00 3,800.00
Net Income -8,438.64 -5,448.31 -7,592.84 -17,854.81 -5,427.40 0 -5,970.08 -5,628.76 -3,819.04
EBIT -8,417.00 -5,501.86 -7,592.84 -16,656.46 -5,508.20 0 -5,970.08 -5,628.76 -3,818.66
Deprecation and Amortization 291.20 362.21 240.91 206.85 236.97 0 225.59 228.03 69.05
EBITDA -8,125.80 -5,139.66 -7,351.94 -16,449.61 -5,271.23 0 -5,744.49 -5,400.73 -3,749.61
EPS -0.00 -0.00 -0.01 0.00 -0.41 -0.61 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.01 0.00 -0.41 -0.61 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 7,039.27 2,017.23 1,150.88 -77,051.04 13.29 9.53 77,081.10 33,702.77 26,862.23
Average Shares Outstanding Diluted 7,039.27 2,017.23 1,150.88 -77,051.04 13.29 9.53 77,081.10 33,702.77 26,862.23
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow -4,065.18 -6,257.30 -6,513.07 -5,324.53 -5,840.39 -5,377.45 -3,400.23
   Operating Net Income -4,757.45 -5,448.31 -7,592.84 -5,427.40 -5,970.08 -5,628.76 -3,819.04
   Deprecation and Amortization 291.20 362.21 240.91 236.97 225.59 228.03 69.05
   Deferred Income Tax 0 0 0 0 0 0 0
   Share Based Compensation 354.86 456.89 536.24 601.79 654.02 924.90 520.14
   Change in Working Capital 1,364.69 -1,389.34 -907.64 -719.39 -133.97 28.80 -825.93
   Other Operating Activities -1,318.47 -238.74 1,210.26 -16.50 -615.95 -930.42 655.55
Investing Cash Flow -22,457.57 6,986.50 -16,101.31 -403.94 1,789.11 2,752.31 -226.91
   Capital Expenditure 0 0 -834.03 0 -233.87 0.00 0.00
   Net Purchase/Sale of PPE -519.52 -174.40 -832.07 -162.45 -233.87 0 0
   Net Purchase/Sale of Investments Net -21,934.10 7,693.94 0 266.88 3,810.00 3,244.79 0
   Net Purchase/Sale of Business 0 0 0 0 0 -447.74 -226.91
   Other Investing Activities -3.95 -533.04 -14,435.22 -508.38 -1,553.14 -44.74 0.00
Financing Cash Flow 0 29,611.68 -1.02 1,771.94 2,652.06 6.84 88.89
   Net Issuance/Repayment of Debt 0 0 0 0 2,652.11 0 0
   Net Issuance/Repurchase of Equity 0 29,611.68 0 1,771.94 -0.05 6.84 88.89
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities 0 0.00 -1.02 0.00 0.00 0.00 0.00
Net Change in Cash -26,522.75 30,340.88 -22,615.40 -3,956.54 -1,399.22 -2,618.29 -3,538.25
   Cash at Beginning of Period 31,343.21 1,002.33 23,617.73 5,930.98 3,591.62 10,586.27 21,995.98
   Cash at End of Period 4,820.46 31,343.21 1,002.33 1,974.44 2,192.40 7,967.98 18,457.73
Free Cash Flow -4,588.65 -6,962.78 -7,347.10 -5,995.36 -6,074.27 0 0