Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -25.91 12.84 -9.93 -19.36 -5.50
Price to Sales 0.64 0.87 0.82 2.06 2.78
Book Value Per Common Share 19.67 21.09 17.30 20.96 24.11
Price to Book 1.70 2.22 2.41 4.46 3.08
Price to Operating Cash Flow 6.68 5.57 9.13 16.84 -16.91
Price to Free Cash Flow
Enterprise Value to EBITDA 19288.58 22829.74 42511.97 127474.33
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings -22.52 -30.53 -46.30 -31.15 -30.81 -59.92 11.62 13.96 -77.48 -9.22 -10.21 -24.33 -40.39 -61.76 -43.08
Price to Sales 0.66 1.05 1.90 1.07 1.54 3.45 1.15 1.92 3.71 0.86 1.60 7.22 3.39 5.05 10.71
Book Value Per Common Share 18.10 18.55 19.12 19.67 19.34 19.93 20.39 21.09 21.41 21.14 16.73 17.30 17.93 17.05 17.69 20.96 23.18 24.56 22.18 24.11
Price to Book 1.49 1.53 1.31 1.70 2.16 1.99 2.15 2.22 2.16 2.41 2.92 2.41 1.80 2.25 4.37 4.46 4.84 4.22 3.94 3.08
Price to Operating Cash Flow 5.66 8.77 24.31 11.77 16.07 118.09 7.66 11.50 60.31 15.31 83.64 -63.92 25.78 35.84 252.60
Price to Free Cash Flow
Enterprise Value to EBITDA 21437.20 33844.30 61828.16 33861.91 51491.15 116126.91 36045.30 64643.13 146025.21 31676.78 65769.89 563278.27 127127.71 163567.87 572162.93

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -2.45 6.53 13.07 175.48
EBITDA YoY -17.37 110.94 33.97
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 2021-03-31 2020-12-31
Earning YoY 9.32
Revenue YoY 50.32 104.04 51.58 103.21 52.44 101.73 56.46 123.08 62.53 152.74
EBITDA YoY 49.57 105.48 59.71 104.91 63.09 135.88 74.90 324.15 40.57 316.98
Net Profit YoY 9.44

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 4.47 5.87 6.33 7.53 37.64
Quick Ratio 0.63 0.62 0.68 0.37 1.86
Current Ratio 0.77 0.73 0.79 1.12 3.45
Debt to Equity 6.45 0.94 0.90 0.85 0.79
Long-Term Debt to Equity 5.93 0.87 0.83 0.73 0.73
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 4.42 5.08 4.65 4.55 4.18 4.36 3.94 5.84 4.52 5.80 5.21 6.31 5.05 5.34 4.67 7.43 6.51 6.53 18.59 23.52
Quick Ratio 0.61 0.66 0.67 0.63 0.61 0.57 0.55 0.62 0.60 0.65 0.70 0.68 0.65 0.33 0.28 0.37 0.36 0.32 1.67 1.86
Current Ratio 0.78 0.82 0.84 0.77 0.84 0.70 0.69 0.73 0.73 0.78 0.85 0.79 0.80 1.00 1.00 1.12 1.19 1.16 2.62 3.45
Debt to Equity 7.03 6.88 6.57 6.45 6.52 6.36 6.21 0.94 6.01 6.17 8.17 0.90 7.63 8.88 8.64 0.85 6.87 6.52 6.78 0.79
Long-Term Debt to Equity 6.47 6.32 6.07 5.93 6.00 5.78 5.65 0.87 5.47 5.59 7.52 0.83 7.01 7.56 7.30 0.73 5.86 5.46 6.24 0.73

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -0.85 0.95 -1.15 -1.17 -2.11
ROE -6.35 1.84 -2.19 -2.17 -3.78
Gross Margin 51.81 53.20 50.09 51.44 49.11
Operating Margin 20.58 27.06 7.75 4.16 -54.29
EBITDA Margin 32.58 38.46 19.43 16.40 -22.16
Net Profit Margin -2.47 6.82 -8.31 -10.65 -50.58
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA -0.79 -0.61 -0.36 -0.88 -0.85 -0.48 2.58 2.34 -0.41 -2.24 -2.19 -1.83 -1.50 -0.91 -1.17
ROE -6.34 -4.78 -2.69 -6.59 -6.23 -3.44 18.09 16.80 -3.74 -19.30 -21.64 -17.68 -11.81 -6.82 -9.14
Gross Margin 50.29 50.82 50.54 52.37 52.12 50.91 53.89 53.55 53.25 48.75 45.73 35.91 54.52 55.99 53.15
Operating Margin 18.06 18.07 17.72 19.77 17.98 17.51 20.43 18.25 14.81 15.89 12.54 -0.26 14.64 17.70 3.12
EBITDA Margin 30.77 30.92 30.71 31.54 29.94 29.69 31.78 29.71 25.41 27.26 24.39 12.83 26.71 30.88 18.72
Net Profit Margin -2.94 -3.46 -4.12 -3.42 -5.03 -5.76 9.86 13.73 -4.81 -9.39 -15.71 -29.67 -8.38 -8.20 -24.90

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 32,590,000.00 82,818,000.00 77,860,000.00 86,995,000.00 83,265,000.00
   Current Assets 1,747,000.00 2,180,000.00 2,290,000.00 6,185,000.00 9,705,000.00
      Cash and Short-Term Investments 961,000.00 1,261,000.00 1,354,000.00 1,588,000.00 4,893,000.00
            Cash and Cash Equivalents 961,000.00 1,261,000.00 1,354,000.00 1,269,000.00 2,872,000.00
            Short-Term Investments 0 0 0 319,000.00 2,021,000.00
      Net Receivables 470,000.00 608,000.00 611,000.00 472,000.00 338,000.00
      Inventory 45,000.00 46,000.00 59,000.00 42,000.00 44,000.00
      Other Current Assets 271,000.00 265,000.00 266,000.00 4,083,000.00 4,430,000.00
   Non-Current Assets 30,843,000.00 80,638,000.00 75,570,000.00 80,810,000.00 73,560,000.00
      Property, Plant, Equipment Net 15,416,000.00 15,380,000.00 15,237,000.00 15,263,000.00 14,845,000.00
      Goodwill 10,601,000.00 10,990,000.00 23,225,000.00 11,076,000.00 9,723,000.00
      Intangible Assets 4,133,000.00 4,523,000.00 4,714,000.00 4,920,000.00 4,253,000.00
      Long-Term Investments 250,000.00 304,000.00 94,000.00 158,000.00 301,000.00
      Non-Current Deferred Assets 62,000.00 47,000.00 0 0 66,000.00
      Other Non-Current Assets 381,000.00 49,394,000.00 32,300,000.00 49,393,000.00 44,372,000.00
Liabilities 28,214,000.00 40,180,000.00 36,869,000.00 39,943,000.00 36,830,000.00
   Current Liabilities 2,272,000.00 2,996,000.00 2,904,000.00 5,525,000.00 2,816,000.00
      Payables and Expenses 2,163,000.00 2,625,000.00 2,560,000.00 2,547,000.00 1,633,000.00
            Account Payables 538,000.00 777,000.00 632,000.00 574,000.00 394,000.00
            Current Accrued Liabilities 1,625,000.00 1,848,000.00 1,928,000.00 1,973,000.00 1,239,000.00
      Short-Term Debt 327,000.00 195,000.00 324,000.00 210,000.00 201,000.00
      Other Current Liabilities -218,000.00 176,000.00 20,000.00 2,768,000.00 982,000.00
   Non-Current Liabilities 25,942,000.00 37,184,000.00 33,965,000.00 34,418,000.00 34,014,000.00
      Long-Term Debt 49,150,000.00 60,780,000.00 57,731,000.00 60,311,000.00 48,186,000.00
      Other Non-Current Liabilities -23,208,000.00 -23,596,000.00 -23,766,000.00 -25,893,000.00 -14,172,000.00
Equity 4,376,000.00 42,638,000.00 40,991,000.00 47,052,000.00 46,435,000.00
   Shareholders Equity 4,157,000.00 4,552,000.00 3,713,000.00 4,480,000.00 5,016,000.00
      Capital Stock 0 0 0 0 0
      Share Premium 6,862,000.00 7,001,000.00 6,953,000.00 6,877,000.00 6,382,000.00
      Retained Earnings -2,801,000.00 -2,523,000.00 -3,309,000.00 -2,410,000.00 -1,391,000.00
      Treasury Shares 0 23,000.00 23,000.00 23,000.00 9,000.00
      Accumulated Other Comprehensive Income 96,000.00 97,000.00 92,000.00 36,000.00 34,000.00
   Minority Interest 219,000.00 168,000.00 38,000.00 61,000.00 18,000.00
Investments 250,000.00 304,000.00 94,000.00 477,000.00 2,322,000.00
Debt 49,477,000.00 60,975,000.00 58,055,000.00 60,521,000.00 48,387,000.00
Net Debt 48,516,000.00 59,714,000.00 56,701,000.00 58,933,000.00 43,494,000.00
Common Shares Outstanding 211,325.09 215,800.65 214,671.75 213,779.85 208,049.42
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 11,245,000.00 11,528,000.00 10,821,000.00 9,570,000.00 3,474,000.00
Cost Of Revenue 5,419,000.00 5,395,000.00 5,401,000.00 4,647,000.00 1,768,000.00
Gross Profit 5,826,000.00 6,133,000.00 5,420,000.00 4,923,000.00 1,706,000.00
Operating Expenses 3,522,000.00 3,639,000.00 3,700,000.00 3,568,000.00 2,290,000.00
   Selling, General and Administrative Expenses 1,920,000.00 2,012,000.00 2,068,000.00 1,782,000.00 882,000.00
   Other Operating Expenses 1,602,000.00 1,627,000.00 1,632,000.00 1,786,000.00 1,408,000.00
Operating Income 2,304,000.00 2,494,000.00 1,720,000.00 1,355,000.00 -584,000.00
Net Non-Operating Income -2,428,000.00 -1,768,000.00 -3,184,000.00 -3,647,000.00 -2,733,000.00
Interest Income 72,000.00 -455,000.00 -390,000.00 0 0
Interest Expense 2,438,000.00 2,394,000.00 2,303,000.00 2,690,000.00 1,431,000.00
Net Interest -2,366,000.00 -2,849,000.00 -2,693,000.00 0 0
EBT -124,000.00 726,000.00 -1,464,000.00 -2,292,000.00 -3,317,000.00
Income Tax 87,000.00 888,000.00 41,000.00 287,000.00 198,000.00
Net Income Including Non-Controlling Interests -345,000.00 744,000.00 -888,000.00 -1,022,000.00 -1,756,000.00
Net Income Non-Controlling Interests 67,000.00 42,000.00 -11,000.00 3,000.00 -1,000.00
Net Income -278,000.00 786,000.00 -899,000.00 -1,019,000.00 -1,757,000.00
EBIT 2,314,000.00 3,120,000.00 839,000.00 398,000.00 -1,886,000.00
Deprecation and Amortization 1,350,000.00 1,314,000.00 1,263,000.00 1,171,000.00 1,116,000.00
EBITDA 3,664,000.00 4,434,000.00 2,102,000.00 1,569,000.00 -770,000.00
EPS -0.00 0.00 -0.00 -0.00 -0.01
Diluted EPS -0.00 0.00 -0.00 -0.00 -0.01
Average Shares Outstanding Basic 215,000.00 215,000.00 214,000.00 211,000.00 130,000.00
Average Shares Outstanding Diluted 215,000.00 216,000.00 214,000.00 211,000.00 130,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,075,000.00 1,809,000.00 975,000.00 1,172,000.00 -571,000.00
   Operating Net Income -422,000.00 828,000.00 -1,820,000.00 -2,032,000.00 -3,516,000.00
   Deprecation and Amortization 1,350,000.00 1,314,000.00 1,263,000.00 1,171,000.00 1,116,000.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -621,000.00 26,000.00 70,000.00 700,000.00 55,000.00
   Other Operating Activities 768,000.00 -359,000.00 1,462,000.00 1,333,000.00 1,774,000.00
Investing Cash Flow -704,000.00 -1,256,000.00 -382,000.00 -2,923,000.00 -6,185,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,311,000.00 1,294,000.00 963,000.00 521,000.00 171,000.00
   Net Purchase/Sale of Investments Net -14,000.00 -36,000.00 6,000.00 0 -6,000.00
   Net Purchase/Sale of Business 0 3,000.00 0 1,625,000.00 14,865,000.00
   Other Investing Activities -2,001,000.00 -2,517,000.00 -1,351,000.00 -5,069,000.00 -21,215,000.00
Financing Cash Flow -498,000.00 0 0 591,000.00 22,652,000.00
   Net Issuance/Repayment of Debt 30,390,000.00 29,609,000.00 9,315,000.00 8,971,000.00 41,524,000.00
   Net Issuance/Repurchase of Equity 191,000.00 0 1,000.00 3,000.00 2,718,000.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -31,079,000.00 0 0 -8,383,000.00 -21,590,000.00
Net Change in Cash -127,000.00 -160,000.00 -917,000.00 -5,178,000.00 7,389,000.00
   Cash at Beginning of Period 1,143,000.00 1,303,000.00 2,220,000.00 7,199,000.00 -3,173,000.00
   Cash at End of Period 1,016,000.00 1,143,000.00 1,303,000.00 2,021,000.00 4,216,000.00
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 31,900,000.00 32,478,000.00 32,398,000.00 32,590,000.00 32,969,000.00 33,084,000.00 33,059,000.00 82,818,000.00 33,229,000.00 33,478,000.00 33,349,000.00 77,860,000.00 33,594,000.00 36,670,000.00 37,073,000.00 86,995,000.00 38,962,000.00 38,816,000.00 36,019,000.00 83,265,000.00
   Current Assets 1,732,000.00 1,928,000.00 1,786,000.00 1,747,000.00 1,900,000.00 1,823,000.00 1,737,000.00 2,180,000.00 1,860,000.00 2,127,000.00 2,011,000.00 2,290,000.00 1,936,000.00 4,900,000.00 5,120,000.00 6,185,000.00 5,925,000.00 6,316,000.00 6,562,000.00 9,705,000.00
      Cash and Short-Term Investments 923,000.00 1,067,000.00 986,000.00 961,000.00 903,000.00 941,000.00 852,000.00 1,261,000.00 971,000.00 1,248,000.00 1,120,000.00 1,354,000.00 1,080,000.00 1,142,000.00 999,000.00 1,588,000.00 1,374,000.00 1,365,000.00 3,867,000.00 4,893,000.00
            Cash and Cash Equivalents 923,000.00 1,067,000.00 986,000.00 961,000.00 903,000.00 941,000.00 852,000.00 1,261,000.00 971,000.00 1,248,000.00 1,120,000.00 1,354,000.00 944,000.00 997,000.00 814,000.00 1,269,000.00 1,072,000.00 1,128,000.00 1,794,000.00 2,872,000.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 136,000.00 145,000.00 185,000.00 319,000.00 302,000.00 237,000.00 2,073,000.00 2,021,000.00
      Net Receivables 426,000.00 487,000.00 440,000.00 470,000.00 469,000.00 546,000.00 551,000.00 608,000.00 555,000.00 526,000.00 543,000.00 611,000.00 506,000.00 494,000.00 450,000.00 472,000.00 438,000.00 395,000.00 324,000.00 338,000.00
      Inventory 41,000.00 44,000.00 43,000.00 45,000.00 43,000.00 45,000.00 44,000.00 46,000.00 45,000.00 53,000.00 57,000.00 59,000.00 46,000.00 47,000.00 44,000.00 42,000.00 45,000.00 41,000.00 41,000.00 44,000.00
      Other Current Assets 342,000.00 330,000.00 317,000.00 271,000.00 485,000.00 291,000.00 290,000.00 265,000.00 289,000.00 300,000.00 291,000.00 266,000.00 304,000.00 3,217,000.00 3,627,000.00 4,083,000.00 4,068,000.00 4,515,000.00 2,330,000.00 4,430,000.00
   Non-Current Assets 30,168,000.00 30,550,000.00 30,612,000.00 30,843,000.00 31,069,000.00 31,261,000.00 31,322,000.00 80,638,000.00 31,369,000.00 31,351,000.00 31,338,000.00 75,570,000.00 31,658,000.00 31,770,000.00 31,953,000.00 80,810,000.00 33,037,000.00 32,500,000.00 29,457,000.00 73,560,000.00
      Property, Plant, Equipment Net 14,496,000.00 14,646,000.00 14,666,000.00 15,416,000.00 14,895,000.00 14,860,000.00 14,803,000.00 15,380,000.00 14,700,000.00 14,633,000.00 14,608,000.00 15,237,000.00 14,592,000.00 14,606,000.00 14,637,000.00 15,263,000.00 14,529,000.00 14,393,000.00 14,083,000.00 14,845,000.00
      Goodwill 10,601,000.00 10,601,000.00 10,601,000.00 10,601,000.00 10,949,000.00 10,949,000.00 10,990,000.00 10,990,000.00 11,004,000.00 11,004,000.00 11,004,000.00 23,225,000.00 12,299,000.00 12,299,000.00 12,299,000.00 11,076,000.00 10,967,000.00 11,238,000.00 9,729,000.00 9,723,000.00
      Intangible Assets 4,036,000.00 4,068,000.00 4,100,000.00 4,133,000.00 4,211,000.00 4,403,000.00 4,487,000.00 4,523,000.00 4,640,000.00 4,661,000.00 4,678,000.00 4,714,000.00 4,779,000.00 4,812,000.00 4,863,000.00 4,920,000.00 5,253,000.00 5,173,000.00 4,235,000.00 4,253,000.00
      Long-Term Investments 211,000.00 208,000.00 205,000.00 250,000.00 250,000.00 304,000.00 304,000.00 304,000.00 171,000.00 171,000.00 172,000.00 94,000.00 96,000.00 96,000.00 97,000.00 158,000.00 203,000.00 526,000.00 389,000.00 301,000.00
      Non-Current Deferred Assets 69,000.00 68,000.00 65,000.00 62,000.00 56,000.00 54,000.00 48,000.00 47,000.00 50,000.00 46,000.00 0 0 0 0 0 0 0 0 0 66,000.00
      Other Non-Current Assets 755,000.00 959,000.00 975,000.00 381,000.00 708,000.00 691,000.00 690,000.00 49,394,000.00 804,000.00 836,000.00 876,000.00 32,300,000.00 -108,000.00 -43,000.00 57,000.00 49,393,000.00 2,085,000.00 1,170,000.00 1,021,000.00 44,372,000.00
Liabilities 27,925,000.00 28,359,000.00 28,119,000.00 28,214,000.00 28,585,000.00 28,589,000.00 28,471,000.00 40,180,000.00 28,487,000.00 28,811,000.00 29,714,000.00 36,869,000.00 29,702,000.00 32,959,000.00 33,227,000.00 39,943,000.00 34,009,000.00 33,654,000.00 31,389,000.00 36,830,000.00
   Current Liabilities 2,225,000.00 2,339,000.00 2,138,000.00 2,272,000.00 2,267,000.00 2,611,000.00 2,535,000.00 2,996,000.00 2,561,000.00 2,717,000.00 2,377,000.00 2,904,000.00 2,426,000.00 4,897,000.00 5,145,000.00 5,525,000.00 4,978,000.00 5,452,000.00 2,504,000.00 2,816,000.00
      Payables and Expenses 2,111,000.00 2,229,000.00 2,028,000.00 2,163,000.00 2,165,000.00 2,511,000.00 2,441,000.00 2,625,000.00 2,496,000.00 2,649,000.00 2,309,000.00 2,560,000.00 2,356,000.00 2,455,000.00 2,513,000.00 2,547,000.00 2,242,000.00 2,147,000.00 1,693,000.00 1,633,000.00
            Account Payables 446,000.00 506,000.00 480,000.00 538,000.00 463,000.00 748,000.00 712,000.00 777,000.00 617,000.00 668,000.00 537,000.00 632,000.00 529,000.00 637,000.00 763,000.00 574,000.00 556,000.00 534,000.00 386,000.00 394,000.00
            Current Accrued Liabilities 1,665,000.00 1,723,000.00 1,548,000.00 1,625,000.00 1,702,000.00 1,763,000.00 1,729,000.00 1,848,000.00 1,879,000.00 1,981,000.00 1,772,000.00 1,928,000.00 1,827,000.00 1,818,000.00 1,750,000.00 1,973,000.00 1,686,000.00 1,613,000.00 1,307,000.00 1,239,000.00
      Short-Term Debt 342,000.00 330,000.00 330,000.00 327,000.00 306,000.00 300,000.00 282,000.00 195,000.00 195,000.00 204,000.00 204,000.00 324,000.00 210,000.00 210,000.00 210,000.00 210,000.00 210,000.00 201,000.00 201,000.00 201,000.00
      Other Current Liabilities -228,000.00 -220,000.00 -220,000.00 -218,000.00 -204,000.00 -200,000.00 -188,000.00 176,000.00 -130,000.00 -136,000.00 -136,000.00 20,000.00 -140,000.00 2,232,000.00 2,422,000.00 2,768,000.00 2,526,000.00 3,104,000.00 610,000.00 982,000.00
   Non-Current Liabilities 25,700,000.00 26,020,000.00 25,981,000.00 25,942,000.00 26,318,000.00 25,978,000.00 25,936,000.00 37,184,000.00 25,926,000.00 26,094,000.00 27,337,000.00 33,965,000.00 27,276,000.00 28,062,000.00 28,082,000.00 34,418,000.00 29,031,000.00 28,202,000.00 28,885,000.00 34,014,000.00
      Long-Term Debt 48,236,000.00 49,235,000.00 49,218,000.00 49,150,000.00 50,328,000.00 49,483,000.00 49,477,000.00 60,780,000.00 49,575,000.00 50,299,000.00 51,543,000.00 57,731,000.00 51,521,000.00 53,983,000.00 54,201,000.00 60,311,000.00 56,422,000.00 54,656,000.00 55,479,000.00 48,186,000.00
      Other Non-Current Liabilities -22,536,000.00 -23,215,000.00 -23,237,000.00 -23,208,000.00 -24,010,000.00 -23,505,000.00 -23,541,000.00 -23,596,000.00 -23,649,000.00 -24,205,000.00 -24,206,000.00 -23,766,000.00 -24,245,000.00 -25,921,000.00 -26,119,000.00 -25,893,000.00 -27,391,000.00 -26,454,000.00 -26,594,000.00 -14,172,000.00
Equity 3,975,000.00 4,119,000.00 4,279,000.00 4,376,000.00 4,384,000.00 4,495,000.00 4,588,000.00 42,638,000.00 4,742,000.00 4,667,000.00 3,635,000.00 40,991,000.00 3,892,000.00 3,711,000.00 3,846,000.00 47,052,000.00 4,953,000.00 5,162,000.00 4,630,000.00 46,435,000.00
   Shareholders Equity 3,782,000.00 3,896,000.00 4,053,000.00 4,157,000.00 4,178,000.00 4,305,000.00 4,404,000.00 4,552,000.00 4,604,000.00 4,545,000.00 3,597,000.00 3,713,000.00 3,838,000.00 3,649,000.00 3,785,000.00 4,480,000.00 4,890,000.00 5,134,000.00 4,613,000.00 5,016,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 0 0 0 6,862,000.00 0 0 0 7,001,000.00 0 0 0 6,953,000.00 0 0 0 6,877,000.00 0 0 0 6,382,000.00
      Retained Earnings 0 0 0 -2,801,000.00 0 0 0 -2,523,000.00 0 0 0 -3,309,000.00 0 0 0 -2,410,000.00 0 0 0 -1,391,000.00
      Treasury Shares 0 0 0 0 0 0 0 23,000.00 0 0 0 23,000.00 0 0 0 23,000.00 0 0 0 9,000.00
      Accumulated Other Comprehensive Income 0 0 0 96,000.00 0 0 0 97,000.00 0 0 0 92,000.00 0 0 0 36,000.00 0 0 0 34,000.00
   Minority Interest 193,000.00 223,000.00 226,000.00 219,000.00 206,000.00 190,000.00 184,000.00 168,000.00 138,000.00 122,000.00 38,000.00 38,000.00 54,000.00 62,000.00 61,000.00 61,000.00 63,000.00 28,000.00 17,000.00 18,000.00
Investments 211,000.00 208,000.00 205,000.00 250,000.00 250,000.00 304,000.00 304,000.00 304,000.00 171,000.00 171,000.00 172,000.00 94,000.00 232,000.00 241,000.00 282,000.00 477,000.00 505,000.00 763,000.00 2,462,000.00 2,322,000.00
Debt 48,578,000.00 49,565,000.00 49,548,000.00 49,477,000.00 50,634,000.00 49,783,000.00 49,759,000.00 60,975,000.00 49,770,000.00 50,503,000.00 51,747,000.00 58,055,000.00 51,731,000.00 54,193,000.00 54,411,000.00 60,521,000.00 56,632,000.00 54,857,000.00 55,680,000.00 48,387,000.00
Net Debt 47,655,000.00 48,498,000.00 48,562,000.00 48,516,000.00 49,731,000.00 48,842,000.00 48,907,000.00 59,714,000.00 48,799,000.00 49,255,000.00 50,627,000.00 56,701,000.00 50,651,000.00 53,051,000.00 53,412,000.00 58,933,000.00 55,258,000.00 53,492,000.00 51,813,000.00 43,494,000.00
Common Shares Outstanding 0 0 0 211,325.09 0 0 0 215,800.65 0 0 0 214,671.75 0 0 0 213,779.85 0 0 0 208,049.42
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 8,570,000.00 5,701,000.00 2,794,000.00 -5,515,000.00 8,446,000.00 5,572,000.00 2,742,000.00 -5,714,000.00 8,703,000.00 5,709,000.00 2,830,000.00 -4,584,000.00 8,000,000.00 5,113,000.00 2,292,000.00 -3,402,000.00 6,979,000.00 4,294,000.00 1,699,000.00
Cost Of Revenue 4,260,000.00 2,804,000.00 1,382,000.00 -2,618,000.00 4,023,000.00 2,668,000.00 1,346,000.00 -2,593,000.00 4,013,000.00 2,652,000.00 1,323,000.00 -2,943,000.00 4,100,000.00 2,775,000.00 1,469,000.00 -1,213,000.00 3,174,000.00 1,890,000.00 796,000.00
Gross Profit 4,310,000.00 2,897,000.00 1,412,000.00 -2,897,000.00 4,423,000.00 2,904,000.00 1,396,000.00 -3,121,000.00 4,690,000.00 3,057,000.00 1,507,000.00 -1,641,000.00 3,900,000.00 2,338,000.00 823,000.00 -2,189,000.00 3,805,000.00 2,404,000.00 903,000.00
Operating Expenses 2,783,000.00 1,883,000.00 924,000.00 -2,090,000.00 2,788,000.00 1,913,000.00 911,000.00 -1,864,000.00 2,754,000.00 1,845,000.00 904,000.00 -1,528,000.00 2,649,000.00 1,746,000.00 833,000.00 -1,214,000.00 2,467,000.00 1,598,000.00 717,000.00
   Selling, General and Administrative Expenses 1,443,000.00 960,000.00 483,000.00 -988,000.00 1,443,000.00 965,000.00 500,000.00 -1,041,000.00 1,536,000.00 1,008,000.00 509,000.00 -992,000.00 1,545,000.00 1,016,000.00 499,000.00 -666,000.00 1,284,000.00 798,000.00 366,000.00
   Other Operating Expenses 1,340,000.00 923,000.00 441,000.00 -1,102,000.00 1,345,000.00 948,000.00 411,000.00 -823,000.00 1,218,000.00 837,000.00 395,000.00 -536,000.00 1,104,000.00 730,000.00 334,000.00 -548,000.00 1,183,000.00 800,000.00 351,000.00
Operating Income 1,527,000.00 1,014,000.00 488,000.00 -807,000.00 1,635,000.00 991,000.00 485,000.00 -1,257,000.00 1,936,000.00 1,212,000.00 603,000.00 -113,000.00 1,251,000.00 592,000.00 -10,000.00 -975,000.00 1,338,000.00 806,000.00 186,000.00
Net Non-Operating Income -1,730,000.00 -1,153,000.00 -575,000.00 1,196,000.00 -1,802,000.00 -1,210,000.00 -612,000.00 2,347,000.00 -1,956,000.00 -1,371,000.00 -788,000.00 86,000.00 -1,660,000.00 -1,062,000.00 -548,000.00 300,000.00 -2,050,000.00 -1,201,000.00 -696,000.00
Interest Income 22,000.00 16,000.00 8,000.00 -39,000.00 57,000.00 37,000.00 17,000.00 -523,000.00 37,000.00 21,000.00 10,000.00 -390,000.00 0 0 0 0 0 0 0
Interest Expense 1,751,000.00 1,169,000.00 582,000.00 -1,227,000.00 1,837,000.00 1,221,000.00 607,000.00 -1,209,000.00 1,798,000.00 1,201,000.00 604,000.00 -1,040,000.00 1,680,000.00 1,111,000.00 552,000.00 -762,000.00 1,734,000.00 1,155,000.00 563,000.00
Net Interest -1,729,000.00 -1,153,000.00 -574,000.00 1,188,000.00 -1,780,000.00 -1,184,000.00 -590,000.00 686,000.00 -1,761,000.00 -1,180,000.00 -594,000.00 -2,693,000.00 0 0 0 0 0 0 0
EBT -203,000.00 -139,000.00 -87,000.00 389,000.00 -167,000.00 -219,000.00 -127,000.00 1,090,000.00 -20,000.00 -159,000.00 -185,000.00 -27,000.00 -409,000.00 -470,000.00 -558,000.00 -675,000.00 -712,000.00 -395,000.00 -510,000.00
Income Tax 1,000.00 24,000.00 11,000.00 -21,000.00 68,000.00 25,000.00 15,000.00 -1,016,000.00 904,000.00 951,000.00 49,000.00 -168,000.00 47,000.00 55,000.00 107,000.00 -36,000.00 167,000.00 77,000.00 79,000.00
Net Income Including Non-Controlling Interests -302,000.00 -231,000.00 -132,000.00 488,000.00 -343,000.00 -316,000.00 -174,000.00 -728,000.00 832,000.00 776,000.00 -136,000.00 1,351,000.00 -754,000.00 -805,000.00 -680,000.00 339,000.00 -587,000.00 -352,000.00 -422,000.00
Net Income Non-Controlling Interests 50,000.00 34,000.00 17,000.00 -39,000.00 54,000.00 36,000.00 16,000.00 8,000.00 26,000.00 8,000.00 0.00 -16,000.00 3,000.00 2,000.00 0.00 2,000.00 2,000.00 0.00 -1,000.00
Net Income -252,000.00 -197,000.00 -115,000.00 449,000.00 -289,000.00 -280,000.00 -158,000.00 -720,000.00 858,000.00 784,000.00 -136,000.00 1,335,000.00 -751,000.00 -803,000.00 -680,000.00 341,000.00 -585,000.00 -352,000.00 -423,000.00
EBIT 1,548,000.00 1,030,000.00 495,000.00 -838,000.00 1,670,000.00 1,002,000.00 480,000.00 -119,000.00 1,778,000.00 1,042,000.00 419,000.00 -1,067,000.00 1,271,000.00 641,000.00 -6,000.00 -1,437,000.00 1,022,000.00 760,000.00 53,000.00
Deprecation and Amortization 1,089,000.00 733,000.00 363,000.00 -644,000.00 994,000.00 666,000.00 334,000.00 -628,000.00 988,000.00 654,000.00 300,000.00 -553,000.00 910,000.00 606,000.00 300,000.00 -502,000.00 842,000.00 566,000.00 265,000.00
EBITDA 2,637,000.00 1,763,000.00 858,000.00 -1,482,000.00 2,664,000.00 1,668,000.00 814,000.00 -747,000.00 2,766,000.00 1,696,000.00 719,000.00 -1,620,000.00 2,181,000.00 1,247,000.00 294,000.00 -1,939,000.00 1,864,000.00 1,326,000.00 318,000.00
EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 209,000.00 210,000.00 212,000.00 212,000.00 216,000.00 216,000.00 216,000.00 215,000.00 215,000.00 215,000.00 215,000.00 214,000.00 214,000.00 214,000.00 214,000.00 216,000.00 211,000.00 209,000.00 208,000.00
Average Shares Outstanding Diluted 209,000.00 210,000.00 212,000.00 212,000.00 216,000.00 216,000.00 216,000.00 217,000.00 216,000.00 216,000.00 215,000.00 214,000.00 214,000.00 214,000.00 214,000.00 216,000.00 211,000.00 209,000.00 208,000.00
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 998,000.00 680,000.00 218,000.00 -305,000.00 766,000.00 534,000.00 80,000.00 -619,000.00 1,301,000.00 953,000.00 174,000.00 685,000.00 451,000.00 98,000.00 -259,000.00 -424,000.00 919,000.00 605,000.00 72,000.00
   Operating Net Income -202,000.00 -163,000.00 -196,000.00 341,000.00 -235,000.00 -244,000.00 -284,000.00 -848,000.00 884,000.00 792,000.00 0 -1,820,000.00 0 0 0 -2,032,000.00 0 0 0
   Deprecation and Amortization 1,089,000.00 733,000.00 363,000.00 -644,000.00 994,000.00 666,000.00 334,000.00 -628,000.00 988,000.00 654,000.00 300,000.00 -553,000.00 910,000.00 606,000.00 300,000.00 -502,000.00 842,000.00 566,000.00 265,000.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 -904,000.00 -951,000.00 0 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -60,000.00 87,000.00 -84,000.00 478,000.00 -579,000.00 -250,000.00 -270,000.00 150,000.00 -153,000.00 29,000.00 0 70,000.00 0 0 0 700,000.00 0 0 0
   Other Operating Activities 171,000.00 23,000.00 135,000.00 -480,000.00 586,000.00 362,000.00 300,000.00 -1,148,000.00 486,000.00 429,000.00 -126,000.00 2,988,000.00 -459,000.00 -508,000.00 -559,000.00 1,410,000.00 77,000.00 39,000.00 -193,000.00
Investing Cash Flow -416,000.00 -434,000.00 -206,000.00 1,131,000.00 -979,000.00 -592,000.00 -264,000.00 400,000.00 -881,000.00 -544,000.00 -231,000.00 375,000.00 -164,000.00 -395,000.00 -198,000.00 2,682,000.00 -2,684,000.00 -2,896,000.00 -25,000.00
   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 649,000.00 453,000.00 223,000.00 -578,000.00 1,032,000.00 593,000.00 264,000.00 -491,000.00 925,000.00 588,000.00 272,000.00 -435,000.00 717,000.00 471,000.00 210,000.00 -34,000.00 313,000.00 177,000.00 65,000.00
   Net Purchase/Sale of Investments Net 7,000.00 7,000.00 6,000.00 1,000.00 -14,000.00 -1,000.00 0 84,000.00 -40,000.00 -40,000.00 -40,000.00 0.00 0 0 6,000.00 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 3,000.00 0 0 0 0 0 0 0 -2,075,000.00 1,595,000.00 2,075,000.00 30,000.00
   Other Investing Activities -1,072,000.00 -894,000.00 -435,000.00 1,708,000.00 -1,997,000.00 -1,184,000.00 -528,000.00 804,000.00 -1,766,000.00 -1,092,000.00 -463,000.00 810,000.00 -881,000.00 -866,000.00 -414,000.00 4,791,000.00 -4,592,000.00 -5,148,000.00 -120,000.00
Financing Cash Flow -659,000.00 -176,000.00 -19,000.00 -274,000.00 -4,000.00 -126,000.00 -94,000.00 0 0 0 0 0 0 0 -37,000.00 -561,000.00 591,000.00 591,000.00 -30,000.00
   Net Issuance/Repayment of Debt 2,781,000.00 1,202,000.00 622,000.00 -1,983,000.00 11,921,000.00 10,799,000.00 9,653,000.00 -995,000.00 11,230,000.00 10,044,000.00 9,330,000.00 4,209,000.00 2,511,000.00 1,628,000.00 967,000.00 5,019,000.00 3,167,000.00 769,000.00 16,000.00
   Net Issuance/Repurchase of Equity 179,000.00 100,000.00 0 50,000.00 141,000.00 0 0 0 0 0 0 1,000.00 0 0 0 3,000.00 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 -3,619,000.00 -1,478,000.00 -641,000.00 1,659,000.00 -12,066,000.00 -10,925,000.00 -9,747,000.00 0 0 0 0 0 0 0 -1,004,000.00 -5,583,000.00 -2,576,000.00 -178,000.00 -46,000.00
Net Change in Cash -77,000.00 70,000.00 -7,000.00 552,000.00 -217,000.00 -184,000.00 -278,000.00 184,000.00 -288,000.00 24,000.00 -80,000.00 843,000.00 -780,000.00 -477,000.00 -503,000.00 -1,714,000.00 -1,392,000.00 -2,110,000.00 38,000.00
   Cash at Beginning of Period 1,016,000.00 1,016,000.00 1,016,000.00 464,000.00 1,143,000.00 1,143,000.00 1,143,000.00 959,000.00 1,303,000.00 1,303,000.00 1,303,000.00 460,000.00 2,021,000.00 2,021,000.00 2,021,000.00 3,735,000.00 4,280,000.00 4,280,000.00 4,216,000.00
   Cash at End of Period 939,000.00 1,086,000.00 1,009,000.00 1,016,000.00 926,000.00 959,000.00 865,000.00 1,143,000.00 1,015,000.00 1,327,000.00 1,223,000.00 1,303,000.00 1,241,000.00 1,544,000.00 1,518,000.00 2,021,000.00 2,888,000.00 2,170,000.00 4,254,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0