DAWN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -12.42 | -6.16 | -9.92 | |
| Price to Sales | 9.01 | |||
| Book Value Per Common Share | 4.97 | 3.97 | 9.04 | 4.54 |
| Price to Book | 2.55 | 3.67 | 2.38 | 3.71 |
| Price to Operating Cash Flow | -15.12 | -7.93 | -12.82 | -21.51 |
| 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 | -8.49 | -10.16 | -22.66 | -42.21 | -17.90 | -22.94 | -7.09 | -9.95 | -22.66 | -12.44 | -16.57 | |||||||
| Price to Sales | 6.95 | 10.34 | 26.48 | 12.32 | 146.13 | |||||||||||||
| Book Value Per Common Share | 4.39 | 4.50 | 4.73 | 4.97 | 5.51 | 3.50 | 3.40 | 3.97 | 4.48 | 4.90 | 4.08 | 9.04 | 4.94 | 5.32 | 4.19 | 4.54 | 4.81 | 5.03 |
| Price to Book | 1.61 | 1.44 | 1.68 | 2.55 | 2.53 | 3.94 | 4.86 | 3.67 | 2.74 | 2.44 | 3.27 | 2.38 | 4.06 | 3.37 | 2.37 | 3.71 | 4.94 | 4.52 |
| Price to Operating Cash Flow | -8.11 | -7.98 | -13.81 | -26.11 | -12.11 | -28.80 | -9.04 | -12.82 | -37.04 | -17.06 | -20.77 | -28.48 | -41.55 | -60.91 | ||||
| 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 | ||||
| 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 | 61.54 | 110.23 | 46.37 | 1144.54 | ||||||||||||||
| EBITDA YoY | ||||||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 7.95 | 10.13 | 6.56 | 4.59 |
| Quick Ratio | 10.28 | |||
| Current Ratio | 7.66 | 12.72 | 20.94 | 33.43 |
| Debt to Equity | 0.16 | 0.09 | 0.05 | 0.03 |
| Long-Term Debt to Equity | 0.01 | 0.00 | 0.00 | 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 | 4.73 | 4.87 | 4.84 | 7.33 | 15.06 | 7.94 | 9.55 | 9.26 | 11.24 | 6.70 | 5.42 | 5.85 | 9.24 | 6.53 | 4.24 | 4.59 | 4.80 | 5.01 |
| Quick Ratio | 8.92 | 10.16 | 10.76 | 10.28 | 34.38 | 7.46 | ||||||||||||
| Current Ratio | 8.68 | 9.65 | 10.62 | 7.66 | 14.62 | 4.09 | 10.93 | 12.72 | 16.89 | 18.35 | 20.94 | 33.43 | ||||||
| Debt to Equity | 0.14 | 0.13 | 0.11 | 0.16 | 0.08 | 0.31 | 0.10 | 0.09 | 0.06 | 0.06 | 0.08 | 0.05 | 0.05 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| Long-Term Debt to Equity | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 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 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -16.39 | -50.24 | -40.73 | -24.38 |
| ROE | -18.99 | -54.52 | -42.82 | -25.13 |
| Gross Margin | ||||
| Operating Margin | -67.36 | |||
| EBITDA Margin | -60.49 | |||
| Net Profit Margin | -72.81 |
| 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 | -16.75 | -12.78 | -6.74 | -4.96 | -16.69 | -19.11 | -32.45 | -19.58 | -13.10 | -26.73 | -9.04 | -10.36 | -6.33 | -4.80 | ||||
| ROE | -19.08 | -14.39 | -7.51 | -5.36 | -21.78 | -21.03 | -34.50 | -20.71 | -14.11 | -28.11 | -9.35 | -10.69 | -6.46 | -4.87 | ||||
| Gross Margin | ||||||||||||||||||
| Operating Margin | -82.37 | -102.55 | -117.02 | -28.55 | -796.72 | |||||||||||||
| EBITDA Margin | -67.23 | -86.22 | -99.97 | -23.42 | -761.16 | |||||||||||||
| Net Profit Margin | -82.37 | -102.55 | -117.02 | -29.21 | -815.66 |
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 | 582,788.00 | 376,048.00 | 349,062.00 | 289,821.00 |
| Current Assets | 562,330.00 | 375,274.00 | 347,874.00 | 289,368.00 |
| Cash and Short-Term Investments | 741,396.00 | 808,047.00 | 429,399.00 | 284,309.00 |
| Cash and Cash Equivalents | 334,644.00 | 672,484.00 | 172,392.00 | 284,309.00 |
| Short-Term Investments | 406,752.00 | 135,563.00 | 257,007.00 | 0 |
| Net Receivables | 13,876.00 | 0 | 0 | 0 |
| Inventory | 3,321.00 | 0 | 0 | 0 |
| Other Current Assets | -196,263.00 | -432,773.00 | -81,525.00 | 5,059.00 |
| Non-Current Assets | 20,458.00 | 774.00 | 1,188.00 | 453.00 |
| Property, Plant, Equipment Net | 4,707.00 | 560.00 | 719.00 | 284.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 15,630.00 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 121.00 | 214.00 | 469.00 | 169.00 |
| Liabilities | 80,037.00 | 29,508.00 | 17,023.00 | 8,673.00 |
| Current Liabilities | 73,451.00 | 29,508.00 | 16,615.00 | 8,657.00 |
| Payables and Expenses | 68,625.00 | 26,524.00 | 16,210.00 | 8,453.00 |
| Account Payables | 3,262.00 | 2,576.00 | 260.00 | 1,744.00 |
| Current Accrued Liabilities | 12,164.00 | 3,675.00 | 15,950.00 | 6,709.00 |
| Short-Term Debt | 10.00 | 408.00 | 405.00 | 204.00 |
| Other Current Liabilities | 4,816.00 | 2,576.00 | 0.00 | 0.00 |
| Non-Current Liabilities | 6,586.00 | 0.00 | 408.00 | 16.00 |
| Long-Term Debt | 2,592.00 | 0 | 408.00 | 16.00 |
| Other Non-Current Liabilities | 3,994.00 | 0 | 0.00 | 0.00 |
| Equity | 502,751.00 | 346,540.00 | 332,039.00 | 281,148.00 |
| Shareholders Equity | 502,751.00 | 346,540.00 | 664,220.00 | 281,148.00 |
| Capital Stock | 10.00 | 9.00 | 7.00 | 6.00 |
| Share Premium | 1,056,738.00 | 805,107.00 | 601,771.00 | 408,629.00 |
| Retained Earnings | -554,081.00 | -458,585.00 | -269,668.00 | -127,487.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 84.00 | 9.00 | -71.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Investments | 406,752.00 | 135,563.00 | 257,007.00 | 0 |
| Debt | 2,602.00 | 408.00 | 813.00 | 220.00 |
| Common Shares Outstanding | 101,116.16 | 87,227.13 | 73,458.18 | 61,952.29 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 131,161.00 | 0 | 0 | 0 |
| Operating Expenses | 348,431.00 | 206,064.00 | 146,909.00 | 72,743.00 |
| Selling, General and Administrative Expenses | 115,450.00 | 75,543.00 | 61,291.00 | 29,159.00 |
| Research and Development Expenses | 227,702.00 | 135,521.00 | 85,618.00 | 43,584.00 |
| Other Operating Expenses | 5,279.00 | -5,000.00 | 0.00 | 0.00 |
| Operating Income | -217,270.00 | -206,064.00 | -146,909.00 | -72,743.00 |
| Net Non-Operating Income | 128,918.00 | 0 | 0 | 0 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 0 | 0 | 4,746.00 | 4.00 |
| EBT | -88,352.00 | 0 | 0 | 0 |
| Income Tax | 14,244.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | 0 | -188,917.00 | -142,181.00 | -68,536.00 |
| Net Income Non-Controlling Interests | 0 | 0.00 | 0.00 | -2,109.00 |
| Net Income | -95,496.00 | -188,917.00 | -142,181.00 | -70,645.00 |
| EBIT | -88,352.00 | 0 | 0 | 0 |
| Deprecation and Amortization | 9,018.00 | 783.00 | 1,031.00 | 399.00 |
| EBITDA | -79,334.00 | 0 | 0 | 0 |
| EPS | -0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 |
| Average Shares Outstanding Basic | 93,234.20 | 79,773.00 | 65,466.77 | 0 |
| Average Shares Outstanding Diluted | 93,234.20 | 79,773.00 | 65,466.77 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -78,113.00 | -146,853.00 | -109,874.00 | -48,539.00 |
| Operating Net Income | -95,496.00 | -188,917.00 | -142,181.00 | -72,754.00 |
| Deprecation and Amortization | 9,018.00 | 783.00 | 1,031.00 | 399.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 |
| Change in Working Capital | 103,000.00 | 5,383.00 | -638.00 | -2,237.00 |
| Other Operating Activities | -94,635.00 | 35,898.00 | 31,914.00 | 26,053.00 |
| Investing Cash Flow | -230,994.00 | 128,378.00 | -255,074.00 | -8,000.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 235,269.00 | 224.00 | 26.00 | 0 |
| Net Purchase/Sale of Investments Net | 79,409.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -545,672.00 | 128,154.00 | -255,100.00 | -8,000.00 |
| Financing Cash Flow | 203,291.00 | 163,997.00 | 165,901.00 | 297,120.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 453,291.00 | 163,997.00 | 165,901.00 | 296,802.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -250,000.00 | 0.00 | 0.00 | 318.00 |
| Net Change in Cash | -105,816.00 | 145,522.00 | -199,047.00 | 0 |
| Cash at Beginning of Period | 230,784.00 | 85,262.00 | 284,309.00 | 0 |
| Cash at End of Period | 124,968.00 | 230,784.00 | 85,262.00 | 0 |
| 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 | 513,780.00 | 519,037.00 | 534,356.00 | 582,788.00 | 600,807.00 | 400,437.00 | 326,645.00 | 376,048.00 | 414,179.00 | 450,756.00 | 323,563.00 | 349,062.00 | 381,861.00 | 404,047.00 | 267,779.00 | 289,821.00 | 303,783.00 | 316,537.00 |
| Current Assets | 489,971.00 | 494,428.00 | 508,651.00 | 562,330.00 | 580,996.00 | 383,158.00 | 326,034.00 | 375,274.00 | 413,291.00 | 449,784.00 | 0 | 347,874.00 | 0 | 0 | 0 | 289,368.00 | 0 | 0 |
| Cash and Short-Term Investments | 486,952.00 | 500,817.00 | 497,312.00 | 741,396.00 | 1,357,647.00 | 689,922.00 | 827,874.00 | 808,047.00 | 873,078.00 | 492,272.00 | 390,283.00 | 429,399.00 | 587,147.00 | 388,877.00 | 262,731.00 | 284,309.00 | 297,160.00 | 309,996.00 |
| Cash and Cash Equivalents | 78,649.00 | 83,336.00 | 57,650.00 | 334,644.00 | 1,222,029.00 | 567,672.00 | 780,321.00 | 672,484.00 | 708,719.00 | 238,601.00 | 121,372.00 | 172,392.00 | 333,670.00 | 388,877.00 | 262,731.00 | 284,309.00 | 297,160.00 | 309,996.00 |
| Short-Term Investments | 408,303.00 | 417,481.00 | 439,662.00 | 406,752.00 | 135,618.00 | 122,250.00 | 47,553.00 | 135,563.00 | 164,359.00 | 253,671.00 | 268,911.00 | 257,007.00 | 253,477.00 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 16,697.00 | 19,669.00 | 18,054.00 | 13,876.00 | 8,695.00 | 9,136.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 7,061.00 | 6,543.00 | 3,565.00 | 3,321.00 | 2,735.00 | 151.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | -20,739.00 | -32,601.00 | -10,280.00 | -196,263.00 | -788,081.00 | -316,051.00 | -501,840.00 | -432,773.00 | -459,787.00 | -42,488.00 | 0 | -81,525.00 | 0 | 0 | 0 | 5,059.00 | 0 | 0 |
| Non-Current Assets | 23,809.00 | 24,609.00 | 25,705.00 | 20,458.00 | 19,811.00 | 17,279.00 | 611.00 | 774.00 | 888.00 | 972.00 | 0 | 1,188.00 | 0 | 0 | 0 | 453.00 | 0 | 0 |
| Property, Plant, Equipment Net | 4,677.00 | 4,816.00 | 5,085.00 | 4,707.00 | 3,478.00 | 360.00 | 444.00 | 560.00 | 655.00 | 713.00 | 688.00 | 719.00 | 899.00 | 1,060.00 | 246.00 | 284.00 | 335.00 | 386.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 18,815.00 | 19,610.00 | 20,405.00 | 15,630.00 | 16,216.00 | 16,802.00 | 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 | 317.00 | 183.00 | 215.00 | 121.00 | 117.00 | 117.00 | 167.00 | 214.00 | 233.00 | 259.00 | 0 | 469.00 | 0 | 0 | 0 | 169.00 | 0 | 0 |
| Liabilities | 62,912.00 | 58,203.00 | 54,844.00 | 80,037.00 | 45,344.00 | 93,706.00 | 29,839.00 | 29,508.00 | 24,552.00 | 24,702.00 | 23,148.00 | 17,023.00 | 18,785.00 | 13,416.00 | 8,176.00 | 8,673.00 | 6,111.00 | 4,774.00 |
| Current Liabilities | 56,466.00 | 51,221.00 | 47,879.00 | 73,451.00 | 39,745.00 | 93,706.00 | 29,839.00 | 29,508.00 | 24,475.00 | 24,512.00 | 22,848.00 | 16,615.00 | 18,271.00 | 12,799.00 | 8,176.00 | 8,657.00 | 6,046.00 | 4,662.00 |
| Payables and Expenses | 48,210.00 | 44,131.00 | 43,641.00 | 68,625.00 | 35,189.00 | 87,072.00 | 24,759.00 | 26,524.00 | 20,647.00 | 19,519.00 | 17,774.00 | 16,210.00 | 13,836.00 | 11,933.00 | 7,304.00 | 8,453.00 | 5,161.00 | 4,113.00 |
| Account Payables | 5,778.00 | 5,090.00 | 2,540.00 | 3,262.00 | 3,017.00 | 6,444.00 | 4,780.00 | 2,576.00 | 3,391.00 | 4,565.00 | 4,657.00 | 260.00 | 3,973.00 | 439.00 | 701.00 | 1,744.00 | 683.00 | 348.00 |
| Current Accrued Liabilities | 5,794.00 | 4,019.00 | 4,943.00 | 12,164.00 | 4,495.00 | 4,007.00 | 3,525.00 | 3,675.00 | 2,532.00 | 2,128.00 | 3,162.00 | 15,950.00 | 1,527.00 | 2,788.00 | 1,648.00 | 6,709.00 | 1,894.00 | 913.00 |
| Short-Term Debt | 161.00 | 153.00 | 62.00 | 10.00 | 77.00 | 190.00 | 300.00 | 408.00 | 437.00 | 428.00 | 417.00 | 405.00 | 462.00 | 427.00 | 171.00 | 204.00 | 202.00 | 201.00 |
| Other Current Liabilities | 8,095.00 | 6,937.00 | 4,176.00 | 4,816.00 | 4,479.00 | 6,444.00 | 4,780.00 | 2,576.00 | 3,391.00 | 4,565.00 | 4,657.00 | 0.00 | 3,973.00 | 439.00 | 701.00 | 0.00 | 683.00 | 348.00 |
| Non-Current Liabilities | 6,446.00 | 6,982.00 | 6,965.00 | 6,586.00 | 5,599.00 | 0.00 | 0.00 | 0.00 | 77.00 | 190.00 | 300.00 | 408.00 | 514.00 | 617.00 | 0.00 | 16.00 | 65.00 | 112.00 |
| Long-Term Debt | 2,732.00 | 2,850.00 | 2,854.00 | 2,592.00 | 2,538.00 | 0 | 0 | 0 | 77.00 | 190.00 | 300.00 | 408.00 | 514.00 | 617.00 | 0 | 16.00 | 65.00 | 112.00 |
| Other Non-Current Liabilities | 3,714.00 | 4,132.00 | 4,111.00 | 3,994.00 | 3,061.00 | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0.00 | 0.00 |
| Equity | 450,868.00 | 460,834.00 | 479,512.00 | 502,751.00 | 555,463.00 | 306,731.00 | 296,806.00 | 346,540.00 | 389,627.00 | 426,054.00 | 300,415.00 | 332,039.00 | 363,076.00 | 390,631.00 | 259,603.00 | 281,148.00 | 297,672.00 | 311,763.00 |
| Shareholders Equity | 450,868.00 | 460,834.00 | 479,512.00 | 502,751.00 | 555,463.00 | 306,731.00 | 296,806.00 | 346,540.00 | 389,627.00 | 426,054.00 | 300,415.00 | 664,220.00 | 363,076.00 | 390,631.00 | 259,603.00 | 281,148.00 | 297,672.00 | 311,763.00 |
| Capital Stock | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Share Premium | 1,090,914.00 | 1,081,315.00 | 1,069,631.00 | 1,056,738.00 | 1,043,826.00 | 832,148.00 | 817,799.00 | 805,107.00 | 793,699.00 | 783,978.00 | 612,402.00 | 601,771.00 | 593,020.00 | 582,391.00 | 414,831.00 | 408,629.00 | 403,214.00 | 398,065.00 |
| Retained Earnings | -640,125.00 | -620,399.00 | -590,077.00 | -554,081.00 | -488,367.00 | -525,404.00 | -520,997.00 | -458,585.00 | -404,074.00 | -357,924.00 | -312,061.00 | -269,668.00 | -229,559.00 | -191,764.00 | -155,234.00 | -127,487.00 | -105,548.00 | -86,308.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 69.00 | -92.00 | -52.00 | 84.00 | -6.00 | -22.00 | -5.00 | 9.00 | -7.00 | -9.00 | 67.00 | -71.00 | -392.00 | -3.00 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 408,303.00 | 417,481.00 | 439,662.00 | 406,752.00 | 135,618.00 | 122,250.00 | 47,553.00 | 135,563.00 | 164,359.00 | 253,671.00 | 268,911.00 | 257,007.00 | 253,477.00 | 5,987.00 | 0 | 0 | 0 | 0 |
| Debt | 2,893.00 | 3,003.00 | 2,916.00 | 2,602.00 | 2,615.00 | 190.00 | 300.00 | 408.00 | 514.00 | 618.00 | 717.00 | 813.00 | 976.00 | 1,044.00 | 171.00 | 220.00 | 267.00 | 313.00 |
| Common Shares Outstanding | 102,675.50 | 102,431.93 | 101,353.78 | 101,116.16 | 100,810.36 | 87,692.92 | 87,377.16 | 87,227.13 | 87,042.93 | 86,971.33 | 73,572.63 | 73,458.18 | 73,511.92 | 73,461.10 | 61,911.93 | 61,952.29 | 61,928.94 | 61,928.94 |
| 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 | 104,464.00 | 64,669.00 | 30,761.00 | 21,016.00 | 101,953.00 | 8,192.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 204,756.00 | 140,710.00 | 71,828.00 | -161,993.00 | 253,891.00 | 189,766.00 | 66,767.00 | -81,447.00 | 146,547.00 | 95,109.00 | 45,855.00 | -49,472.00 | 104,166.00 | 64,467.00 | 27,748.00 | 50,768.00 | 31,537.00 |
| Selling, General and Administrative Expenses | 86,440.00 | 58,293.00 | 29,325.00 | -53,565.00 | 85,715.00 | 56,743.00 | 26,557.00 | -30,957.00 | 53,374.00 | 35,099.00 | 18,027.00 | -22,926.00 | 44,568.00 | 26,904.00 | 12,745.00 | 18,373.00 | 8,990.00 |
| Research and Development Expenses | 107,187.00 | 75,768.00 | 39,619.00 | -110,703.00 | 165,879.00 | 132,316.00 | 40,210.00 | -45,490.00 | 93,173.00 | 60,010.00 | 27,828.00 | -26,546.00 | 59,598.00 | 37,563.00 | 15,003.00 | 32,395.00 | 22,547.00 |
| Other Operating Expenses | 11,129.00 | 6,649.00 | 2,884.00 | 2,275.00 | 2,297.00 | 707.00 | 0.00 | -5,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -100,292.00 | -76,041.00 | -41,067.00 | 183,009.00 | -151,938.00 | -181,574.00 | -66,767.00 | 81,447.00 | -146,547.00 | -95,109.00 | -45,855.00 | 49,472.00 | -104,166.00 | -64,467.00 | -27,748.00 | -50,768.00 | -31,537.00 |
| Net Non-Operating Income | 14,248.00 | 9,723.00 | 5,071.00 | -110,215.00 | 122,826.00 | 116,307.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 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 | 19.00 | 14.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,467.00 | 2,086.00 | 191.00 | 2.00 | 0 | 0 |
| EBT | -86,044.00 | -66,318.00 | -35,996.00 | 6,027.00 | -29,112.00 | -65,267.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 12,022.00 | 670.00 | 1,552.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | 0 | 0 | 0 | 0 | 0 | 0 | -62,412.00 | 76,138.00 | -134,406.00 | -88,256.00 | -42,393.00 | 51,915.00 | -102,072.00 | -64,277.00 | -27,747.00 | -21,349.00 | -17,291.00 |
| Net Income Non-Controlling Interests | 0 | 0 | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -27,747.00 | 0.00 | 27,747.00 | 0.00 | 2,109.00 | 2,109.00 |
| Net Income | -86,044.00 | -66,318.00 | -35,996.00 | 63,517.00 | -29,782.00 | -66,819.00 | -62,412.00 | 76,138.00 | -134,406.00 | -88,256.00 | -42,393.00 | 24,168.00 | -102,072.00 | -36,530.00 | -27,747.00 | -19,240.00 | -15,182.00 |
| EBIT | -86,044.00 | -66,318.00 | -35,996.00 | 6,027.00 | -29,112.00 | -65,267.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 15,815.00 | 10,560.00 | 5,244.00 | -639.00 | 5,236.00 | 2,913.00 | 1,508.00 | -367.00 | 580.00 | 381.00 | 189.00 | -241,859.00 | 651.00 | 195,186.00 | 47,053.00 | 133,148.00 | 186.00 |
| EBITDA | -70,229.00 | -55,758.00 | -30,752.00 | 6,896.00 | -23,876.00 | -62,354.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 |
| 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 | 0 | 0 |
| Average Shares Outstanding Basic | 103,056.05 | 102,890.51 | 102,710.38 | 109,228.06 | 90,164.90 | 86,864.54 | 86,679.28 | 95,958.32 | 77,682.24 | 73,478.57 | 71,972.89 | 138,757.79 | 63,522.77 | 59,586.53 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 103,056.05 | 102,890.51 | 102,710.38 | 109,228.06 | 90,164.90 | 86,864.54 | 86,679.28 | 95,958.32 | 77,682.24 | 73,478.57 | 71,972.89 | 138,757.79 | 63,522.77 | 59,586.53 | 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -89,608.00 | -83,803.00 | -58,997.00 | 118,579.00 | -48,105.00 | -98,858.00 | -49,729.00 | 53,030.00 | -105,481.00 | -68,417.00 | -25,985.00 | 37,603.00 | -74,564.00 | -51,350.00 | -21,563.00 | -35,370.00 | -23,149.00 |
| Operating Net Income | -86,044.00 | -66,318.00 | -35,996.00 | 63,517.00 | -29,782.00 | -66,819.00 | -62,412.00 | 76,138.00 | -134,406.00 | -88,256.00 | -42,393.00 | 51,915.00 | -102,072.00 | -64,277.00 | -27,747.00 | -50,816.00 | -31,575.00 |
| Deprecation and Amortization | 15,815.00 | 10,560.00 | 5,244.00 | -639.00 | 5,236.00 | 2,913.00 | 1,508.00 | -367.00 | 580.00 | 381.00 | 189.00 | -241,859.00 | 651.00 | 195,186.00 | 47,053.00 | 133,148.00 | 186.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 900.00 | 0 | 0 | 0 | 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 |
| Change in Working Capital | 7,311.00 | 9,999.00 | 4,446.00 | 65,384.00 | 20,311.00 | 15,985.00 | 1,320.00 | -8,053.00 | 5,043.00 | 5,392.00 | 3,001.00 | -4,381.00 | 3,622.00 | 1,590.00 | -1,469.00 | 5,322.00 | 4,886.00 |
| Other Operating Activities | -26,690.00 | -38,044.00 | -32,691.00 | -8,783.00 | -44,770.00 | -50,937.00 | 9,855.00 | -14,688.00 | 23,302.00 | 14,066.00 | 13,218.00 | 231,928.00 | 23,235.00 | -183,849.00 | -39,400.00 | -123,024.00 | 3,354.00 |
| Investing Cash Flow | 7,169.00 | -6,291.00 | -32,613.00 | -465,273.00 | 38,646.00 | 106,345.00 | 89,288.00 | 32,492.00 | 97,998.00 | 9,081.00 | -11,193.00 | 3,817.00 | -252,864.00 | -6,012.00 | -15.00 | -8,000.00 | -8,000.00 |
| 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 |
| Net Purchase/Sale of PPE | 3,852.00 | 3,852.00 | 3,817.00 | -15,707.00 | 233,850.00 | 17,126.00 | 0 | -266.00 | 257.00 | 175.00 | 58.00 | -37.00 | 26.00 | 22.00 | 15.00 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | -108,000.00 | 79,409.00 | 108,000.00 | 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 | 3,317.00 | -10,143.00 | -36,430.00 | -341,566.00 | -274,613.00 | -18,781.00 | 89,288.00 | 32,758.00 | 97,741.00 | 8,906.00 | -11,251.00 | 3,854.00 | -252,890.00 | -6,034.00 | -30.00 | -8,000.00 | -8,000.00 |
| Financing Cash Flow | 748.00 | 748.00 | 0 | 458.00 | 201,440.00 | 1,345.00 | 48.00 | -163,872.00 | 163,400.00 | 163,285.00 | 1,184.00 | -160,012.00 | 163,983.00 | 161,930.00 | 0 | 296,802.00 | 297,417.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 748.00 | 748.00 | 0 | -249,542.00 | 451,440.00 | 251,345.00 | 48.00 | -323,966.00 | 162,747.00 | 324,032.00 | 1,184.00 | -159,692.00 | 163,983.00 | 161,610.00 | 0 | 296,802.00 | 297,417.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | 0.00 | 0 | 250,000.00 | -250,000.00 | -250,000.00 | 0.00 | 160,094.00 | 653.00 | -160,747.00 | 0.00 | -320.00 | 0.00 | 320.00 | 0 | 0.00 | 0.00 |
| Net Change in Cash | -81,691.00 | -89,346.00 | -91,610.00 | -346,236.00 | 191,981.00 | 8,832.00 | 39,607.00 | -78,350.00 | 155,917.00 | 103,949.00 | -35,994.00 | -140,170.00 | -163,445.00 | 104,568.00 | 0 | 0 | 0 |
| Cash at Beginning of Period | 124,968.00 | 124,968.00 | 124,968.00 | 471,204.00 | 230,784.00 | 230,784.00 | 230,784.00 | 309,134.00 | 85,262.00 | 85,262.00 | 85,262.00 | 225,432.00 | 284,309.00 | 284,309.00 | 0 | 0 | 0 |
| Cash at End of Period | 43,277.00 | 35,622.00 | 33,358.00 | 124,968.00 | 422,765.00 | 239,616.00 | 270,391.00 | 230,784.00 | 241,179.00 | 189,211.00 | 49,268.00 | 85,262.00 | 120,864.00 | 388,877.00 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |