Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-03-31
Price to Earnings -5.95 -5.57
Price to Sales
Book Value Per Common Share 1.61
Price to Book
Price to Operating Cash Flow -6.35 -6.57
Price to Free Cash Flow -6.32 -6.36
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 2022-09-30 2022-06-30 2022-03-31
Price to Earnings -50.56 -61.50 -66.25 -21.45 -25.50 -23.70 -23.45 -22.46 -27.85 -33.89 -41.88
Price to Sales
Book Value Per Common Share 1.45 1.53 1.61
Price to Book 2.10 2.19
Price to Operating Cash Flow -65.59 -20.36 -31.56 -38.29
Price to Free Cash Flow -20.08 -31.34 -37.51
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-03-31
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 2022-09-30 2022-06-30 2022-03-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-03-31
Cash Per Common Share 0.10 0.33 0.58
Quick Ratio 16.36
Current Ratio 3.62 5.85 16.50
Debt to Equity 0.03 0.05 0.05
Long-Term Debt to Equity 0.00 0.00 0.03
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 2022-09-30 2022-06-30 2022-03-31
Cash Per Common Share 0.29 0.37 0.48 0.10 0.16 0.18 0.17 0.29 0.16 0.20 0.27 0.39 0.49 0.58
Quick Ratio 5.85 13.85 14.01 16.36
Current Ratio 11.61 14.77 26.31 3.62 2.17 2.74 4.17 5.85 6.09 14.23 14.40 16.50
Debt to Equity 0.03 0.03 0.02 0.03 0.08 0.06 0.04 0.05 0.03 0.04 0.04 0.04 0.05 0.05
Long-Term Debt to Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.03

Profitability

Breakdown 2024-12-31 2023-12-31 2022-03-31
ROA -10.50
ROE -11.08
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
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 2022-09-30 2022-06-30 2022-03-31
ROA -9.00 -10.12 -9.12 -6.05 -5.05
ROE -9.27 -10.48 -9.45 -6.28 -5.28
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-03-31
Assets 95,353.53 108,202.54 120,084.58
   Current Assets 9,932.16 26,224.39 41,872.61
      Cash and Short-Term Investments 9,408.27 25,548.37 41,401.12
            Cash and Cash Equivalents 9,408.27 25,548.37 41,401.12
            Short-Term Investments 0 0 0
      Net Receivables 0 0 94.81
      Inventory 0 0 0
      Other Current Assets 523.89 676.02 376.69
   Non-Current Assets 85,421.37 81,978.15 78,211.97
      Property, Plant, Equipment Net 2,247.72 2,261.98 1,229.01
      Goodwill 0 0 0
      Intangible Assets 0 0 0
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 83,173.64 79,716.17 76,982.96
Liabilities 3,201.58 4,666.09 6,250.18
   Current Liabilities 2,746.30 4,486.24 2,537.15
      Payables and Expenses 2,616.88 4,351.15 2,537.15
            Account Payables 1,721.12 2,705.32 0
            Current Accrued Liabilities 220.17 1,326.99 467.96
      Short-Term Debt 129.42 135.10 0
      Other Current Liabilities 0.00 0.00 0.00
   Non-Current Liabilities 455.29 179.85 3,713.02
      Long-Term Debt 197.53 94.52 0
      Other Non-Current Liabilities 257.76 85.33 0
Equity 92,151.95 103,536.45 113,834.40
   Shareholders Equity 0 0 113,834.40
      Capital Stock 95.57 86.74 70.85
      Share Premium 168,605.69 146,114.49 100,697.65
      Retained Earnings -76,549.31 -42,664.78 13,065.90
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income 0 0 0
   Minority Interest 0 0 0
Debt 326.95 229.61 0
Common Shares Outstanding 95,570.48 86,740.27 70,850.40
Breakdown 2024-12-31 2023-12-31 2022-03-31
Operating Expenses 34,332.24 38,036.39 31,277.08
   Selling, General and Administrative Expenses 10,625.08 9,690.94 23,942.62
   Other Operating Expenses 23,707.16 28,345.45 7,334.46
Operating Income -34,332.24 -38,036.39 -31,277.08
Net Non-Operating Income 439.87 369.86 -88.70
Interest Income 747.28 0 0
Interest Expense 137.48 0.00 0.00
Net Interest 609.80 414.17 24.58
EBT -33,892.37 -37,666.53 -31,365.77
Income Tax 7.83 1,217.33 0.00
Net Income Including Non-Controlling Interests -33,884.54 -36,449.20 -25,680.34
Net Income Non-Controlling Interests 0 0 13,066.77
Net Income 0 0 -12,613.56
EBIT -33,754.89 -37,666.53 -31,365.77
Deprecation and Amortization 254.98 302.08 134.00
EBITDA -33,499.91 -37,364.45 -31,231.77
EPS -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00
Average Shares Outstanding Basic 90,887.13 78,251.02 0
Average Shares Outstanding Diluted 90,887.13 78,251.02 35,580.14
Breakdown 2024-12-31 2023-12-31 2022-03-31
Operating Cash Flow -31,478.41 -31,197.72 -9,913.06
   Operating Net Income -33,884.54 -36,449.20 -25,680.34
   Deprecation and Amortization 254.98 302.08 134.00
   Deferred Income Tax -85.33 1,246.79 5,685.44
   Share Based Compensation 0 0 0
   Change in Working Capital -1,677.28 1,873.20 1,601.68
   Other Operating Activities 3,913.76 1,829.42 8,346.15
Investing Cash Flow -573.58 -1,759.91 -9,162.97
   Capital Expenditure -143.39 -1,054.32 -512.27
   Net Purchase/Sale of PPE -143.39 -1,054.32 -512.27
   Net Purchase/Sale of Investments Net 0 0 0
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities -286.81 348.73 -8,138.43
Financing Cash Flow 15,911.89 34,594.28 49,032.48
   Net Issuance/Repayment of Debt 0 0 -801.72
   Net Issuance/Repurchase of Equity 158.61 90.76 49,834.20
   Dividends Paid 0 0 0
   Other Financing Activities 15,753.28 34,503.52 0.00
Net Change in Cash -16,140.10 1,636.65 29,956.45
   Cash at Beginning of Period 25,548.37 23,911.72 0
   Cash at End of Period 9,408.27 25,548.37 0
Free Cash Flow -31,621.79 -32,252.04 -10,425.33
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 2022-09-30 2022-06-30 2022-03-31
Assets 119,249.30 127,825.91 132,573.49 95,353.53 100,765.22 101,884.31 101,044.83 108,202.54 94,966.83 97,071.55 101,598.15 108,742.18 115,002.46 120,084.58
   Current Assets 33,965.36 42,564.07 47,247.31 9,932.16 15,471.47 16,773.06 16,079.22 26,224.39 13,423.91 16,260.80 21,241.78 28,939.87 36,677.98 41,872.61
      Cash and Short-Term Investments 33,022.05 41,971.01 46,604.65 9,408.27 14,695.09 16,076.33 15,107.96 25,548.37 12,755.45 15,439.63 20,273.15 28,068.50 35,042.05 41,401.12
            Cash and Cash Equivalents 33,022.05 41,971.01 46,604.65 9,408.27 14,695.09 16,076.33 15,107.96 25,548.37 12,755.45 15,439.63 20,273.15 28,068.50 35,042.05 41,401.12
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 0 0 0 0 0 0 0 0 128.99 124.67 115.94 100.12 665.57 94.81
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 943.30 593.05 642.66 523.89 776.38 696.74 971.27 676.02 539.47 696.50 852.69 771.25 970.36 376.69
   Non-Current Assets 85,283.94 85,261.85 85,326.18 85,421.37 85,293.75 85,111.24 84,965.61 81,978.15 81,542.92 80,810.76 80,356.36 79,802.31 78,324.48 78,211.97
      Property, Plant, Equipment Net 2,166.10 2,100.39 2,169.31 2,247.72 2,121.11 2,202.34 2,281.31 2,261.98 2,001.87 1,620.72 1,250.68 1,290.04 1,283.63 1,229.01
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 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
      Other Non-Current Assets 83,117.84 83,161.46 83,156.87 83,173.64 83,172.65 82,908.90 82,684.29 79,716.17 79,541.05 79,190.04 79,105.68 78,512.27 77,040.84 76,982.96
Liabilities 3,288.93 3,275.95 2,217.92 3,201.58 7,454.00 6,207.29 3,983.35 4,666.09 2,788.52 3,320.85 3,540.07 3,987.08 5,042.26 6,250.18
   Current Liabilities 2,926.28 2,882.45 1,795.67 2,746.30 7,120.23 6,115.27 3,858.61 4,486.24 2,203.06 0 0 2,033.97 2,547.96 2,537.15
      Payables and Expenses 2,794.23 2,743.63 1,663.42 2,616.88 7,026.32 6,004.28 3,725.65 4,351.15 2,069.91 2,577.83 2,482.47 2,033.97 2,547.96 2,537.15
            Account Payables 1,343.75 1,799.30 761.86 1,721.12 3,846.20 3,420.43 1,386.28 2,705.32 983.86 1,620.83 1,930.61 1,402.85 2,177.70 0
            Current Accrued Liabilities 1,396.04 907.20 680.49 220.17 951.13 657.25 327.25 1,326.99 1,051.01 935.36 534.24 606.22 341.19 467.96
      Short-Term Debt 132.05 138.82 132.25 129.42 93.90 110.99 132.96 135.10 133.15 0 0 0 0 0
      Other Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.00
   Non-Current Liabilities 362.65 393.50 422.25 455.29 333.78 92.02 124.74 179.85 585.46 0 0 1,953.11 2,494.30 3,713.02
      Long-Term Debt 104.89 135.74 164.49 197.53 46.55 49.35 60.74 94.52 127.31 0 0 0 0 0
      Other Non-Current Liabilities 257.76 257.76 257.76 257.76 287.22 42.67 64.00 85.33 458.14 0 0 0 0 0
Equity 115,960.37 124,549.96 130,355.57 92,151.95 93,311.22 95,677.02 97,061.48 103,536.45 92,178.32 93,750.70 98,058.07 104,755.10 109,960.20 113,834.40
   Shareholders Equity 0 0 0 0 0 0 0 0 0 0 0 104,755.10 109,960.20 113,834.40
      Capital Stock 112.90 112.26 111.88 95.57 93.72 90.87 87.70 86.74 79.07 76.86 75.29 72.18 71.99 70.85
      Share Premium 213,101.17 211,198.56 210,538.55 168,605.69 163,722.78 155,998.31 148,233.14 146,114.49 125,946.27 118,978.21 113,464.39 104,001.70 102,631.03 100,697.65
      Retained Earnings -97,253.70 -86,760.86 -80,294.85 -76,549.31 -70,505.29 -60,412.17 -51,259.36 -42,664.78 -33,847.03 -25,304.37 -15,481.61 681.22 7,257.18 13,065.90
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 236.94 274.56 296.74 326.95 140.46 160.34 193.70 229.61 260.46 0 0 0 0 0
Common Shares Outstanding 112,900.11 112,260.50 111,876.84 95,570.48 93,722.51 90,870.96 87,703.94 86,740.27 79,073.60 76,855.85 75,292.93 72,178.25 71,994.64 70,850.40
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 2022-09-30 2022-06-30
Operating Expenses 10,860.20 6,873.83 3,814.10 6,084.69 10,228.83 9,225.16 8,793.56 9,422.80 8,860.02 10,178.39 9,575.18 7,074.18 7,080.18
   Selling, General and Administrative Expenses 3,171.63 1,855.22 1,900.87 3,154.42 2,426.29 2,796.47 2,247.90 2,459.20 1,915.04 2,579.28 2,737.42 2,396.28 3,308.66
   Other Operating Expenses 7,688.57 5,018.61 1,913.23 2,930.27 7,802.54 6,428.69 6,545.66 6,963.61 6,944.98 7,599.11 6,837.76 4,677.90 3,771.52
Operating Income -10,860.20 -6,873.83 -3,814.10 -6,084.69 -10,228.83 -9,225.16 -8,793.56 -9,422.80 -8,860.02 -10,178.39 -9,575.18 -7,074.18 -7,080.18
Net Non-Operating Income 385.92 414.28 74.58 76.86 119.73 60.70 182.59 236.11 58.06 41.05 34.64 -42.96 52.73
Interest Income 0 0 0 89.48 229.69 166.63 261.48 0 0 0 0 0 0
Interest Expense 0.00 0.00 0.00 -1.29 55.66 45.67 37.44 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 397.81 414.80 83.08 90.77 174.02 120.97 224.04 252.33 66.47 41.46 53.91 70.21 19.86
EBT -10,474.28 -6,459.55 -3,739.52 -6,007.83 -10,109.11 -9,164.46 -8,610.97 -9,186.69 -8,801.95 -10,137.34 -9,540.54 -7,117.14 -7,027.45
Income Tax 18.55 6.46 6.03 -36.19 15.98 11.65 16.39 343.35 284.88 314.58 274.51 0.00 0.00
Net Income Including Non-Controlling Interests -10,492.84 -6,466.01 -3,745.54 -6,044.02 -10,093.12 -9,152.81 -8,594.58 -8,817.75 -8,542.66 -9,822.76 -9,266.03 -6,575.95 -5,808.73
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00
Net Income 0 0 0 0 0 0 0 0 -8,542.66 -9,822.76 -9,266.03 -6,575.95 -5,808.73
EBIT -10,474.28 -6,459.55 -3,739.52 -6,009.12 -10,053.44 -9,118.80 -8,573.53 -9,186.69 -8,801.95 -10,137.34 -9,540.54 -7,117.14 -7,027.45
Deprecation and Amortization 0.00 0.00 48.23 60.88 60.00 66.49 67.61 64.73 113.36 63.24 60.74 53.62 48.22
EBITDA 0 0 -3,691.29 -5,948.24 -9,993.44 -9,052.31 -8,505.92 -9,121.96 -8,688.59 -10,074.09 -9,479.80 -7,063.52 -6,979.23
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 112,421.25 112,038.98 97,561.82 94,655.29 93,599.14 87,891.17 87,402.92 85,240.15 78,076.88 75,942.83 73,744.25 72,030.96 70,958.19
Average Shares Outstanding Diluted 112,421.25 112,038.98 97,561.82 94,655.29 93,599.14 87,891.17 87,402.92 85,240.15 78,076.88 75,942.83 73,744.25 72,030.96 70,958.19
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 2022-09-30 2022-06-30
Operating Cash Flow 0 0 -3,938.84 -21,304.87 0 0 -10,173.54 -22,735.89 0 0 -8,461.83 0 -6,210.34
   Operating Net Income -10,492.84 -6,466.01 -3,745.54 -6,044.02 -10,093.12 -9,152.81 -8,594.58 -8,817.75 -8,542.66 -9,822.76 -9,266.03 -6,575.95 -5,808.73
   Deprecation and Amortization 0 0 48.23 60.88 60.00 66.49 67.61 64.73 113.36 63.24 60.74 53.62 48.22
   Deferred Income Tax 0 0 0 -128.00 0 21.33 21.33 372.81 284.88 314.58 274.51 -541.19 1,218.72
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital 0 0 -978.81 792.92 0 0 -2,470.20 2,147.95 0 0 -274.75 0 -1,153.63
   Other Operating Activities 0 0 737.28 3,111.47 0 0 802.30 1,085.71 0 0 743.71 0 -514.93
Investing Cash Flow 0 0 0 -399.21 0 0 -174.37 -1,687.89 0 0 -72.02 0 -160.72
   Capital Expenditure 0.00 0.00 0.00 0.21 0.00 0.00 -143.60 -1,002.30 0.00 0.00 -52.02 0.00 -122.84
   Net Purchase/Sale of PPE 0 0 0 0.21 0 0 -143.60 -1,002.30 0 0 -52.02 0 -122.84
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 -399.63 0 0 112.82 316.71 0 0 32.02 0 84.96
Financing Cash Flow 0 0 41,135.22 16,004.39 0 0 -92.50 29,699.00 0 0 4,895.28 0 12.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 34,326.58 158.61 0 0 0 60.00 0 0 30.76 7.50 12.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 0 0 6,808.64 15,845.78 0 0 -92.50 29,639.00 0 0 4,864.52 0 0.00
Net Change in Cash 0 0 37,196.38 -5,699.69 0 0 -10,440.42 5,275.22 0 0 -3,638.57 0 -6,359.07
   Cash at Beginning of Period 0 0 9,408.27 15,107.96 0 0 25,548.37 20,273.15 0 0 23,911.72 0 41,401.12
   Cash at End of Period 33,022.05 41,971.01 46,604.65 9,408.27 14,695.09 16,076.33 15,107.96 25,548.37 12,755.45 15,439.63 20,273.15 28,068.50 35,042.05
Free Cash Flow 0 0 0 -21,304.66 0 0 -10,317.14 -23,738.19 0 0 -8,513.85 0 -6,333.18