DBRG
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 161.14 | 22.49 | |||
| Price to Sales | 3.13 | 3.63 | |||
| Book Value Per Common Share | 11.63 | 11.09 | 10.38 | 15.09 | 5.28 |
| Price to Book | 0.97 | 1.58 | |||
| Price to Operating Cash Flow | 39.40 | 12.00 | |||
| Price to Free Cash Flow | 12.00 | ||||
| Enterprise Value to EBITDA | 86772.81 | 32722.94 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 65.00 | 115.00 | -882.00 | 78.50 | 72.11 | -68.82 | ||||||
| Price to Sales | 7.59 | 10.17 | 16.80 | 4.38 | 4.89 | 41.72 | ||||||
| Book Value Per Common Share | 11.77 | 11.71 | 11.42 | 11.81 | 11.90 | 11.29 | 10.59 | 9.06 | 9.17 | 10.81 | 2.75 | 2.44 |
| Price to Book | 0.99 | 0.88 | 0.77 | 1.20 | 1.15 | 1.71 | ||||||
| Price to Operating Cash Flow | 11.16 | 14.05 | 30.27 | 122.55 | -126.97 | -116.79 | ||||||
| Price to Free Cash Flow | ||||||||||||
| Enterprise Value to EBITDA | 20055792.02 | 117925.19 | 161234.85 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | -91.03 | ||||
| Revenue YoY | -21.43 | 27.13 | 66.03 | -70.40 | |
| EBITDA YoY | -75.00 | 52.17 | -11.30 | ||
| Net Profit YoY | -43.75 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 100.00 | -5.26 | ||||||||||
| Revenue YoY | 53.19 | 94.59 | 16.38 | 524.69 | -93.54 | 70.67 | 169.86 | -70.34 | 54.24 | 112.41 | ||
| EBITDA YoY | 42.70 | 499.05 | 124.68 | |||||||||
| Net Profit YoY | 69.19 | 229.44 | 22.30 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.79 | 2.16 | 5.54 | 13.04 | 1.49 |
| Quick Ratio | 4.44 | 0.19 | 0.57 | ||
| Current Ratio | 4.68 | 1.71 | 1.69 | ||
| Debt to Equity | 0.41 | 0.42 | 1.41 | 1.69 | 1.77 |
| Long-Term Debt to Equity | 0.38 | 0.20 | 1.05 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 2.06 | 1.98 | 2.04 | 1.76 | 1.58 | 1.54 | 2.72 | 2.68 | 4.22 | 4.16 | 0.57 | 1.96 |
| Quick Ratio | ||||||||||||
| Current Ratio | ||||||||||||
| Debt to Equity | 0.39 | 0.39 | 0.40 | 0.41 | 0.42 | 0.37 | 1.27 | 1.59 | 1.52 | 1.50 | 1.55 | 1.18 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 2.01 | 3.52 | -3.47 | -2.72 | -13.25 |
| ROE | 2.83 | 5.00 | -8.37 | -7.32 | -36.71 |
| Gross Margin | 75.92 | 66.72 | 80.04 | 65.74 | |
| Operating Margin | 30.52 | 50.50 | -0.62 | 1.98 | -174.98 |
| EBITDA Margin | 36.07 | 113.34 | 94.69 | 177.25 | -128.22 |
| Net Profit Margin | 11.62 | 16.23 | -62.90 | -105.37 | -216.38 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 2.20 | 1.33 | 0.40 | 2.13 | 1.76 | -0.86 | 1.02 | -1.92 | -1.84 | -2.70 | -2.26 | -2.20 |
| ROE | 3.05 | 1.85 | 0.56 | 3.02 | 2.51 | -1.17 | 2.31 | -4.96 | -4.64 | -6.74 | -5.75 | -4.78 |
| Gross Margin | 74.84 | 71.06 | 61.17 | 65.94 | 66.85 | 67.37 | ||||||
| Operating Margin | -13.65 | -16.24 | -7.18 | 32.45 | 26.59 | -13.72 | 11.46 | -29.50 | -83.90 | -30.65 | -38.24 | -77.55 |
| EBITDA Margin | -5.12 | -7.22 | 0.84 | 37.16 | 30.30 | -1.40 | 47.83 | 13.63 | -27.31 | 20.55 | 14.11 | -26.71 |
| Net Profit Margin | 28.59 | 25.89 | 15.29 | 13.97 | 13.30 | -39.83 | 6.08 | -30.58 | -79.07 | -37.61 | -49.03 | -95.77 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | ||||
| Dividend Payout Ratio | 52.04 | -16.75 | -19.03 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 3,513,318.00 | 3,562,550.00 | 11,028,503.00 | 14,197,816.00 | 20,200,560.00 |
| Current Assets | 0 | 463,693.00 | 9,492,022.00 | 5,770,496.00 | 0 |
| Cash and Short-Term Investments | 302,154.00 | 345,335.00 | 855,564.00 | 1,602,102.00 | 703,544.00 |
| Cash and Cash Equivalents | 302,154.00 | 345,335.00 | 855,564.00 | 1,602,102.00 | 703,544.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 3,056.00 | 94,734.00 | 199,853.00 | 343,008.00 | 1,295,337.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 23,624.00 | 8,436,605.00 | 3,825,386.00 | 0 |
| Non-Current Assets | 0 | 3,098,857.00 | 1,536,481.00 | 8,427,320.00 | 0 |
| Property, Plant, Equipment Net | 38,901.00 | 41,130.00 | 32,623.00 | 498,578.00 | 1,296,808.00 |
| Real Estate | 0 | 0 | 5,921,298.00 | 4,972,284.00 | 9,426,341.00 |
| Goodwill | 465,602.00 | 465,991.00 | 298,248.00 | 761,368.00 | 842,929.00 |
| Intangible Assets | 72,460.00 | 103,750.00 | 85,698.00 | 1,187,627.00 | 1,524,968.00 |
| Long-Term Investments | 0 | 2,476,093.00 | 1,104,056.00 | 935,153.00 | 1,708,903.00 |
| Non-Current Deferred Assets | 2,013.00 | 0 | 0 | 0 | 1,121.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 72,310.00 | 0 |
| Liabilities | 1,022,128.00 | 1,053,387.00 | 6,458,440.00 | 8,926,203.00 | 12,910,692.00 |
| Current Liabilities | 0 | 99,184.00 | 5,561,092.00 | 3,412,079.00 | 0 |
| Payables and Expenses | 0 | 99,031.00 | 218,950.00 | 286,237.00 | 0 |
| Account Payables | 0 | 13,844.00 | 25,175.00 | 121,931.00 | 0 |
| Current Accrued Liabilities | 0 | 2,293.00 | 4,376.00 | 82,128.00 | 0 |
| Short-Term Debt | 0 | 0 | 292,171.00 | 291,394.00 | 0 |
| Other Current Liabilities | 0 | 0 | 5,049,971.00 | 2,834,448.00 | 0 |
| Non-Current Liabilities | 0 | 954,203.00 | 897,348.00 | 5,514,124.00 | 0 |
| Long-Term Debt | 0 | 420,818.00 | 609,874.00 | 5,345,689.00 | 0 |
| Other Non-Current Liabilities | 0 | 533,385.00 | 287,474.00 | 168,435.00 | 0 |
| Equity | 2,491,190.00 | 2,509,163.00 | 4,570,063.00 | 5,271,613.00 | 7,289,868.00 |
| Shareholders Equity | 1,958,582.00 | 1,811,055.00 | 1,660,698.00 | 2,146,934.00 | 2,501,471.00 |
| Capital Stock | 794,672.00 | 796,304.00 | 806,752.00 | 859,924.00 | 1,004,324.00 |
| Share Premium | 7,999,165.00 | 7,855,842.00 | 7,818,068.00 | 7,820,807.00 | 7,570,473.00 |
| Retained Earnings | -6,837,502.00 | -6,842,502.00 | -6,962,613.00 | -6,576,180.00 | -6,195,456.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 505.00 | 1,411.00 | -1,509.00 | 42,383.00 | 122,123.00 |
| Minority Interest | 0 | 698,108.00 | 2,909,365.00 | 3,124,679.00 | 0 |
| Investments | 63,154.00 | 0 | 0 | 0 | 1,708,903.00 |
| Debt | 296,362.00 | 420,818.00 | 609,874.00 | 5,345,689.00 | 7,789,738.00 |
| Net Debt | 0 | 26,448.00 | 4,237,886.00 | 3,258,300.00 | 7,086,194.00 |
| Common Shares Outstanding | 0 | 163,375.49 | 159,929.00 | 142,310.75 | 0 |
| Preferred Shares Outstanding | 32,876.00 | 0 | 0 | 0 | 41,350.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 607,028.00 | 772,640.00 | 607,746.00 | 366,056.00 | 1,236,594.00 |
| Cost Of Revenue | 0 | 186,030.00 | 202,286.00 | 73,058.00 | 423,716.00 |
| Interest Income | 0 | 0 | 0 | 0 | 390,925.00 |
| Interest Expense | 16,438.00 | 24,540.00 | 42,926.00 | 63,244.00 | 310,454.00 |
| Net Interest | 0 | 0 | 0 | 0 | 80,471.00 |
| Non-Interest Expense | 0 | 293,829.00 | 272,093.00 | 237,540.00 | 0 |
| Gross Profit | 0 | 586,610.00 | 405,460.00 | 292,998.00 | 812,878.00 |
| Operating Expenses | 0 | 281,737.00 | 229,339.00 | 260,119.00 | 0 |
| Selling, General and Administrative Expenses | 259,635.00 | 293,829.00 | 272,093.00 | 237,540.00 | 101,773.00 |
| Other Operating Expenses | 0 | -48,743.00 | -87,025.00 | -21,774.00 | 0 |
| Operating Income | 0 | 304,873.00 | 176,121.00 | 32,879.00 | 0 |
| Net Non-Operating Income | 0 | 96,119.00 | -169,747.00 | -20,119.00 | 0 |
| EBT | 168,815.00 | 365,629.00 | -46,681.00 | -55,999.00 | -2,474,276.00 |
| Income Tax | 2,944.00 | 6.00 | 13,132.00 | -21,463.00 | 10,039.00 |
| Equity Method Investments Income | 30,023.00 | 0 | 0 | 0 | -455,840.00 |
| Net Income Including Non-Controlling Interests | 147,006.00 | 45,165.00 | -569,997.00 | -816,911.00 | -3,790,410.00 |
| Net Income Non-Controlling Interests | -76,484.00 | 140,115.00 | 248,200.00 | 506,814.00 | 1,114,651.00 |
| Net Income | 70,522.00 | 125,372.00 | -382,300.00 | -385,716.00 | -2,675,759.00 |
| EBIT | 185,253.00 | 390,169.00 | -3,755.00 | 7,245.00 | -2,163,822.00 |
| Deprecation and Amortization | 33,706.00 | 485,551.00 | 579,250.00 | 641,597.00 | 578,282.00 |
| EBITDA | 218,959.00 | 875,720.00 | 575,495.00 | 648,842.00 | -1,585,540.00 |
| 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 | 168,437.00 | 159,868.00 | 154,495.00 | 122,864.00 | 473,558.00 |
| Average Shares Outstanding Diluted | 168,818.00 | 169,720.00 | 154,495.00 | 122,864.00 | 473,558.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 48,230.00 | 233,637.00 | 262,582.00 | 248,237.00 | 89,893.00 |
| Operating Net Income | 147,006.00 | 45,165.00 | -569,997.00 | -816,911.00 | -3,790,410.00 |
| Deprecation and Amortization | 33,706.00 | 485,551.00 | 579,250.00 | 641,597.00 | 578,282.00 |
| Deferred Income Tax | -3,195.00 | -69.00 | 11,572.00 | -68,454.00 | 29,357.00 |
| Share Based Compensation | 34,716.00 | 67,639.00 | 54,710.00 | 59,416.00 | 34,959.00 |
| Change in Working Capital | 10,074.00 | 2,338.00 | 73,821.00 | -4,981.00 | 2,371.00 |
| Other Operating Activities | -174,077.00 | -366,987.00 | 113,226.00 | 437,570.00 | 3,235,334.00 |
| Investing Cash Flow | -11,262.00 | -979,044.00 | -1,913,408.00 | 146,565.00 | -1,931,980.00 |
| Capital Expenditure | 0.00 | 0 | 0 | 0 | 0.00 |
| Net Purchase/Sale of PPE | 3,588.00 | 0 | 0 | 14,946.00 | 0 |
| Net Purchase/Sale of Investments Net | 0 | -739.00 | 10,555.00 | -3,034.00 | 4,610.00 |
| Net Purchase/Sale of Business | 276,588.00 | -102,456.00 | 11,550.00 | 104,609.00 | 750,947.00 |
| Net Loan & Lease Activity | 1,000.00 | 0 | 0 | 0 | 227,831.00 |
| Other Investing Activities | -292,438.00 | -875,849.00 | -1,935,513.00 | 30,044.00 | -2,915,368.00 |
| Financing Cash Flow | -90,841.00 | 58,152.00 | 923,785.00 | 411,260.00 | 1,373,027.00 |
| Net Issuance/Repayment of Debt | 0 | 322,578.00 | 648,221.00 | 719,320.00 | 600,000.00 |
| Net Issuance/Repurchase of Equity | 0 | -4,758.00 | -107,785.00 | -150,250.00 | 427,604.00 |
| Dividends Paid | 87,489.00 | -65,238.00 | -64,031.00 | -73,384.00 | 546,147.00 |
| Other Financing Activities | -178,330.00 | -194,430.00 | 447,380.00 | -84,426.00 | -200,724.00 |
| Net Change in Cash | -43,952.00 | -687,255.00 | -727,041.00 | 806,062.00 | -461,690.00 |
| Cash at Beginning of Period | 350,250.00 | 1,036,739.00 | 1,766,245.00 | 963,008.00 | 1,424,698.00 |
| Cash at End of Period | 306,298.00 | 350,250.00 | 1,036,739.00 | 1,766,245.00 | 963,008.00 |
| Free Cash Flow | 0 | 233,637.00 | 262,582.00 | 248,237.00 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 3,490,529.00 | 3,408,581.00 | 3,439,028.00 | 3,513,318.00 | 3,542,947.00 | 3,502,420.00 | 3,463,816.00 | 6,872,091.00 | 10,757,065.00 | 10,743,429.00 | 11,740,829.00 | 11,877,288.00 | 11,232,157.00 | 20,200,560.00 |
| Cash and Short-Term Investments | 358,416.00 | 340,698.00 | 349,912.00 | 302,154.00 | 294,416.00 | 261,173.00 | 247,354.00 | 434,044.00 | 426,883.00 | 668,524.00 | 636,366.00 | 337,150.00 | 1,117,688.00 | 703,544.00 |
| Cash and Cash Equivalents | 358,416.00 | 340,698.00 | 349,912.00 | 302,154.00 | 294,416.00 | 261,173.00 | 247,354.00 | 434,044.00 | 426,883.00 | 668,524.00 | 636,366.00 | 337,150.00 | 1,117,688.00 | 703,544.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 3,179.00 | 2,661.00 | 7,342.00 | 3,056.00 | 7,449.00 | 8,211.00 | 7,135.00 | 30,438.00 | 61,232.00 | 59,366.00 | 174,389.00 | 514,163.00 | 504,739.00 | 1,295,337.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 32,091.00 | 35,851.00 | 39,530.00 | 38,901.00 | 9,962.00 | 10,300.00 | 10,656.00 | 117,409.00 | 377,103.00 | 283,146.00 | 878,097.00 | 807,515.00 | 598,216.00 | 1,296,808.00 |
| Real Estate | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,516,387.00 | 7,091,587.00 | 6,789,602.00 | 6,790,185.00 | 6,605,942.00 | 6,099,102.00 | 9,426,341.00 |
| Goodwill | 465,602.00 | 465,602.00 | 465,602.00 | 465,602.00 | 465,602.00 | 465,602.00 | 465,602.00 | 466,092.00 | 923,112.00 | 907,937.00 | 761,368.00 | 761,368.00 | 761,368.00 | 842,929.00 |
| Intangible Assets | 54,261.00 | 61,099.00 | 66,531.00 | 72,460.00 | 81,747.00 | 87,711.00 | 95,131.00 | 697,754.00 | 1,052,822.00 | 1,098,520.00 | 1,745,560.00 | 1,827,960.00 | 1,225,487.00 | 1,524,968.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 999,429.00 | 1,080,261.00 | 940,601.00 | 1,708,903.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 2,013.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,121.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 971,387.00 | 957,753.00 | 974,263.00 | 1,022,128.00 | 1,036,623.00 | 1,039,670.00 | 941,385.00 | 3,846,753.00 | 6,596,134.00 | 6,484,204.00 | 7,036,112.00 | 7,213,758.00 | 6,070,475.00 | 12,910,692.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 2,519,142.00 | 2,450,828.00 | 2,464,765.00 | 2,491,190.00 | 2,506,324.00 | 2,462,750.00 | 2,522,431.00 | 3,025,338.00 | 4,160,931.00 | 4,259,225.00 | 4,704,717.00 | 4,663,530.00 | 5,161,682.00 | 7,289,868.00 |
| Shareholders Equity | 2,052,087.00 | 2,018,531.00 | 1,960,767.00 | 1,958,582.00 | 1,980,306.00 | 1,972,465.00 | 1,818,457.00 | 1,690,773.00 | 1,442,207.00 | 1,452,321.00 | 1,654,659.00 | 1,633,286.00 | 1,390,832.00 | 2,501,471.00 |
| Capital Stock | 796,496.00 | 794,670.00 | 794,672.00 | 794,672.00 | 796,410.00 | 796,406.00 | 794,672.00 | 796,302.00 | 796,294.00 | 806,776.00 | 806,874.00 | 860,789.00 | 854,239.00 | 1,004,324.00 |
| Share Premium | 8,059,791.00 | 8,040,320.00 | 8,001,880.00 | 7,999,165.00 | 7,996,632.00 | 7,988,729.00 | 7,909,865.00 | 7,835,826.00 | 7,846,440.00 | 7,823,722.00 | 7,793,492.00 | 7,646,852.00 | 7,356,363.00 | 7,570,473.00 |
| Retained Earnings | -6,810,068.00 | -6,824,993.00 | -6,840,143.00 | -6,837,502.00 | -6,816,051.00 | -6,813,427.00 | -6,888,452.00 | -6,941,470.00 | -7,201,651.00 | -7,176,706.00 | -6,941,658.00 | -6,875,817.00 | -6,838,497.00 | -6,195,456.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 5,868.00 | 6,725.00 | 2,597.00 | 505.00 | 3,313.00 | 755.00 | 712.00 | 113.00 | 1,122.00 | -1,478.00 | -4,056.00 | 1,455.00 | 12,753.00 | 122,123.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 228,901.00 | 80,614.00 | 63,154.00 | 63,154.00 | 63,154.00 | 48,539.00 | 416,614.00 | 50,927.00 | 61,232.00 | 59,366.00 | 999,429.00 | 1,080,261.00 | 940,601.00 | 1,708,903.00 |
| Debt | 327,945.00 | 297,992.00 | 296,886.00 | 296,362.00 | 295,838.00 | 295,315.00 | 366,506.00 | 371,121.00 | 370,461.00 | 569,771.00 | 5,325,615.00 | 5,539,732.00 | 5,123,246.00 | 7,789,738.00 |
| Net Debt | 0 | 0 | 0 | 0 | 1,422.00 | 34,142.00 | 119,152.00 | 0 | 0 | 0 | 4,689,249.00 | 5,202,582.00 | 4,005,558.00 | 7,086,194.00 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Shares Outstanding | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 32,876.00 | 33,108.00 | 33,111.00 | 35,340.00 | 35,340.00 | 41,350.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 268,701.00 | 175,401.00 | 90,139.00 | -472,948.00 | 540,854.00 | 464,729.00 | 74,393.00 | 1,152,173.00 | 675,093.00 | 250,160.00 | 843,491.00 | 546,868.00 | 257,459.00 |
| Cost Of Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 289,838.00 | 195,357.00 | 97,126.00 | 287,280.00 | 181,293.00 | 84,003.00 |
| Gross Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 862,335.00 | 479,736.00 | 153,034.00 | 556,211.00 | 365,575.00 | 173,456.00 |
| Selling, General and Administrative Expenses | 77,172.00 | 38,290.00 | 6,358.00 | -221,748.00 | 241,253.00 | 222,534.00 | 17,596.00 | 148,456.00 | 51,514.00 | 10,325.00 | 193,695.00 | 82,955.00 | 7,533.00 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165,840.00 | 104,083.00 | 49,196.00 |
| Interest Expense | 13,199.00 | 8,468.00 | 3,898.00 | -9,539.00 | 12,457.00 | 8,328.00 | 5,192.00 | 173,112.00 | 123,218.00 | 67,196.00 | 143,450.00 | 90,418.00 | 44,030.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,390.00 | 13,665.00 | 5,166.00 |
| EBT | -49,885.00 | -36,946.00 | -10,369.00 | -94,051.00 | 163,023.00 | 115,243.00 | -15,400.00 | -41,116.00 | -322,353.00 | -277,084.00 | -401,966.00 | -299,527.00 | -243,699.00 |
| Income Tax | 833.00 | 1,054.00 | 301.00 | -1,667.00 | 2,126.00 | 1,239.00 | 1,246.00 | 4,168.00 | 4,311.00 | 1,042.00 | 17,772.00 | 9,931.00 | 7,413.00 |
| Equity Method Investments Income | 51,069.00 | 25,744.00 | 5,307.00 | -20,431.00 | 28,782.00 | 18,827.00 | 2,845.00 | 51,914.00 | 33,971.00 | 3,562.00 | -5,748.00 | 46,634.00 | 19,207.00 |
| Net Income Including Non-Controlling Interests | -53,343.00 | -40,539.00 | -14,855.00 | -68,884.00 | 147,494.00 | 99,162.00 | -30,766.00 | -66,083.00 | -344,860.00 | -292,344.00 | -532,752.00 | -411,765.00 | -343,684.00 |
| Net Income Non-Controlling Interests | 130,161.00 | 85,943.00 | 28,637.00 | 31,666.00 | -71,921.00 | -37,367.00 | 1,138.00 | 136,096.00 | 138,400.00 | 94,547.00 | 215,545.00 | 143,646.00 | 97,127.00 |
| Net Income | 76,818.00 | 45,404.00 | 13,782.00 | -37,218.00 | 75,573.00 | 61,795.00 | -29,628.00 | 70,013.00 | -206,460.00 | -197,797.00 | -317,207.00 | -268,119.00 | -246,557.00 |
| EBIT | -36,686.00 | -28,478.00 | -6,471.00 | -103,590.00 | 175,480.00 | 123,571.00 | -10,208.00 | 131,996.00 | -199,135.00 | -209,888.00 | -258,516.00 | -209,109.00 | -199,669.00 |
| Deprecation and Amortization | 22,941.00 | 15,811.00 | 7,226.00 | -18,216.00 | 25,491.00 | 17,264.00 | 9,167.00 | 419,136.00 | 291,136.00 | 141,574.00 | 431,852.00 | 286,258.00 | 130,906.00 |
| EBITDA | -13,745.00 | -12,667.00 | 755.00 | -121,806.00 | 200,971.00 | 140,835.00 | -1,041.00 | 551,132.00 | 92,001.00 | -68,314.00 | 173,336.00 | 77,149.00 | -68,763.00 |
| 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 |
| 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 |
| Average Shares Outstanding Basic | 174,331.00 | 172,373.00 | 171,680.00 | 179,232.00 | 167,725.00 | 165,748.00 | 161,043.00 | 159,600.00 | 159,113.00 | 158,446.00 | 153,028.00 | 593,063.00 | 569,940.00 |
| Average Shares Outstanding Diluted | 174,501.00 | 172,449.00 | 171,930.00 | 171,988.00 | 171,208.00 | 171,033.00 | 161,043.00 | 164,020.00 | 159,113.00 | 158,446.00 | 153,028.00 | 593,063.00 | 569,940.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 182,834.00 | 126,996.00 | 50,028.00 | 73,351.00 | 19,347.00 | -17,890.00 | -26,578.00 | 192,080.00 | 92,205.00 | 20,185.00 | 194,773.00 | 67,303.00 | 1,257.00 |
| Operating Net Income | -53,343.00 | -40,539.00 | -14,855.00 | -68,884.00 | 147,494.00 | 99,162.00 | -30,766.00 | -66,083.00 | -344,860.00 | -292,344.00 | -532,752.00 | -411,765.00 | -343,684.00 |
| Deprecation and Amortization | 22,941.00 | 15,811.00 | 7,226.00 | -18,216.00 | 25,491.00 | 17,264.00 | 9,167.00 | 419,136.00 | 291,136.00 | 141,574.00 | 431,852.00 | 286,258.00 | 130,906.00 |
| Deferred Income Tax | 0 | 0 | 0 | -3,195.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 26,686.00 | 17,859.00 | 7,155.00 | -34,781.00 | 34,787.00 | 26,030.00 | 8,680.00 | 57,587.00 | 42,577.00 | 16,612.00 | 47,119.00 | 28,064.00 | 18,719.00 |
| Change in Working Capital | -3,829.00 | -21,325.00 | -37,544.00 | -202,986.00 | 120,786.00 | 137,483.00 | -45,209.00 | 64,100.00 | -71,150.00 | -108,635.00 | 67,980.00 | -15,308.00 | -50,950.00 |
| Other Operating Activities | 190,379.00 | 155,190.00 | 88,046.00 | 401,413.00 | -309,211.00 | -297,829.00 | 31,550.00 | -282,660.00 | 174,502.00 | 262,978.00 | 180,574.00 | 180,054.00 | 246,266.00 |
| Investing Cash Flow | -97,511.00 | -68,506.00 | 17,474.00 | 34,699.00 | -6,820.00 | -17,200.00 | -21,941.00 | -768,072.00 | -571,554.00 | -258,870.00 | -1,929,361.00 | -2,145,642.00 | -1,102,149.00 |
| 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 |
| Net Purchase/Sale of PPE | 1,291.00 | 928.00 | 306.00 | -6,077.00 | 3,305.00 | 3,305.00 | 3,055.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,335.00 | 1,441.00 | 1,441.00 |
| Net Purchase/Sale of Business | 374,229.00 | 243,312.00 | 41,180.00 | -108,264.00 | 195,365.00 | 106,887.00 | 82,600.00 | 1,421,136.00 | 1,315,178.00 | 762,416.00 | 928,872.00 | 538,089.00 | 409,564.00 |
| Net Loan & Lease Activity | 1,000.00 | 0 | 0 | 0 | 227,831.00 | ||||||||
| Other Investing Activities | -473,031.00 | -312,746.00 | -24,012.00 | 150,040.00 | -206,490.00 | -128,392.00 | -107,596.00 | -2,196,012.00 | -1,893,536.00 | -1,021,286.00 | -2,883,524.00 | -2,704,377.00 | -1,528,999.00 |
| Financing Cash Flow | -32,632.00 | -25,064.00 | -21,875.00 | 97,356.00 | -77,806.00 | -61,920.00 | -48,471.00 | 78,596.00 | 24,106.00 | 26,786.00 | 741,772.00 | 760,345.00 | 559,318.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,916,985.00 | 2,776,457.00 | 2,302,129.00 | 14,237.00 | 484,237.00 | 14,237.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,758.00 | 4,758.00 | 0 | 60,787.00 | 0 | 0 |
| Dividends Paid | 55,176.00 | 38,052.00 | 21,035.00 | -66,963.00 | 70,962.00 | 51,213.00 | 32,277.00 | 193,473.00 | 160,254.00 | 60,204.00 | 1,732,381.00 | 481,855.00 | 51,722.00 |
| Other Financing Activities | -87,808.00 | -63,116.00 | -42,910.00 | 164,319.00 | -148,768.00 | -113,133.00 | -80,748.00 | -3,036,620.00 | -2,917,363.00 | -2,335,547.00 | -1,065,633.00 | -205,747.00 | 493,359.00 |
| Net Change in Cash | 57,652.00 | 38,723.00 | 47,808.00 | 190,265.00 | -51,774.00 | -84,334.00 | -98,109.00 | -498,069.00 | -455,169.00 | -212,525.00 | -995,855.00 | -1,320,409.00 | -542,225.00 |
| Cash at Beginning of Period | 306,298.00 | 306,298.00 | 306,298.00 | 116,033.00 | 350,250.00 | 350,250.00 | 350,250.00 | 1,036,739.00 | 1,036,739.00 | 1,036,739.00 | 1,766,245.00 | 1,766,245.00 | 1,766,245.00 |
| Cash at End of Period | 363,950.00 | 345,021.00 | 354,106.00 | 306,298.00 | 298,476.00 | 265,916.00 | 252,141.00 | 538,670.00 | 581,570.00 | 824,214.00 | 770,390.00 | 445,836.00 | 1,224,020.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |