Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 0.66 1.01 1.69 1.53
Price to Book
Price to Operating Cash Flow
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
Price to Earnings 229.00 -10.04 -22.80
Price to Sales 12.26 12.69 4.30
Book Value Per Common Share 0.99 0.67 0.67 0.66 0.82
Price to Book 2.32 4.16 1.70
Price to Operating Cash Flow -14.62 -12.55 -3.94
Price to Free Cash Flow -6.92 -11.47 -3.66
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 41.70 7.95 -3.06
EBITDA YoY 399.21
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 0.42 -12.56 64.55 -38.56
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.06 0.01 0.07 0.04
Quick Ratio 0.20 0.10 0.80 0.37
Current Ratio 0.66 0.21 1.88 6.56
Debt to Equity 0.56 0.44 0.12 1.09
Long-Term Debt to Equity 0.10 0.07 0.05 0.95
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.14 0.12 0.02 0.05 0.02
Quick Ratio 1.40 0.66 0.17 0.20 0.25
Current Ratio 4.57 1.20 0.87 0.66 1.09
Debt to Equity 0.16 0.40 0.36 0.56 0.43
Long-Term Debt to Equity 0.05 0.08 0.09 0.10 0.20

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -19.81 -51.93 8.23 -3.91
ROE -30.92 -74.83 9.18 -8.19
Gross Margin -30.67 -37.02 -28.10 44.60
Operating Margin -18.31 -82.58 12.77 -2.00
EBITDA Margin 24.09 -24.97 57.41 11.15
Net Profit Margin -18.37 -83.81 17.90 -12.55
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 0.59 -27.85 -5.11 -1.35 -16.61
ROE 0.69 -38.99 -6.93 -2.11 -23.67
Gross Margin -10.48 -1.14 -16.37 -95.98 -33.20
Operating Margin -36.12 -127.79 -47.88 -8.21 -69.84
EBITDA Margin -16.49 -108.23 -24.33 59.32 -27.14
Net Profit Margin 3.72 -128.04 -18.20 -8.23 -69.88

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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 34,318.09 42,147.35 52,599.56 80,026.88 0
   Current Assets 6,658.25 2,199.75 6,129.85 36,216.00 0
      Cash and Short-Term Investments 1,703.90 341.27 1,850.62 915.72 0
            Cash and Cash Equivalents 1,703.90 341.27 1,850.62 915.72 0
            Short-Term Investments 0 0 0 33,491.99 4,508.04
      Net Receivables 286.87 782.02 737.22 1,098.73 0
      Inventory 4,525.42 822.88 2,800.66 33,491.99 0
      Other Current Assets 142.07 253.58 741.35 709.58 0
   Non-Current Assets 27,659.84 39,947.60 46,469.71 42,463.97 0
      Property, Plant, Equipment Net 23,760.95 35,752.80 44,349.68 40,220.71 0
      Goodwill 0 0 0 1,346.90 1,342.28
      Intangible Assets 1,055.57 1,184.80 1,314.03 1,443.26 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 806.00 -546.90 0
Liabilities 12,336.08 12,900.61 5,424.57 41,765.47 0
   Current Liabilities 10,056.87 10,720.85 3,255.29 5,518.86 0
      Payables and Expenses 6,579.95 4,510.76 2,345.18 2,272.85 0
            Account Payables 0 4,510.76 2,345.18 2,272.85 920.91
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 128.68 753.35 588.02 0 2,121.84
      Other Current Liabilities 3,348.25 5,456.75 322.10 0 0
   Non-Current Liabilities 2,279.21 2,179.76 2,169.28 36,246.61 0
      Long-Term Debt 75.69 693.57 836.58 0 0
      Other Non-Current Liabilities 2,203.53 1,486.18 1,332.70 36,246.61 0
Equity 21,982.01 29,246.74 47,174.99 38,261.40 0
   Shareholders Equity 21,702.58 29,246.74 47,174.99 38,261.40 0
      Capital Stock 46,006.40 42,503.66 39,602.63 31,423.10 0
      Share Premium 16,124.35 15,468.82 15,675.83 11,844.58 0
      Retained Earnings -33,295.01 -26,497.30 -4,611.89 -8,879.96 0
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -7,133.16 -2,228.45 -3,491.58 3,873.69 0
   Minority Interest 279.43 0 0 0 0
Debt 204.36 1,446.92 1,424.60 0 0
Net Debt 0 658.13 0 0 2,511.83
Common Shares Outstanding 33,014.93 28,882.07 27,845.54 24,956.17 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 37,002.26 26,112.91 24,190.06 24,952.34
Cost Of Revenue 48,349.18 35,780.03 30,987.40 13,823.19
Interest Income 24.00 66.00 0 0
Interest Expense 63.12 321.23 296.22 332.81
Non-Interest Expense 6,392.15 5,276.23 8,058.26 10,482.95
Gross Profit -11,346.92 -9,667.12 -6,797.34 11,129.15
Operating Expenses 6,477.95 5,395.88 8,293.70 10,645.63
   Selling, General and Administrative Expenses 6,392.15 5,276.23 8,058.26 10,482.95
   Other Operating Expenses 85.80 119.65 235.44 162.68
Operating Income -17,824.87 -15,063.00 -15,091.04 483.52
Net Non-Operating Income -779.82 -523.54 947.08 -4,345.73
EBT -6,837.72 -21,885.41 2,791.88 -832.07
Income Tax 0 0 -1,537.47 2,300.62
Net Income Including Non-Controlling Interests -6,837.72 -21,885.41 4,329.34 -3,132.69
Net Income -6,797.72 -21,885.41 4,329.34 -3,132.69
EBIT -6,774.60 -21,564.18 3,088.09 -499.26
Deprecation and Amortization 15,687.85 15,043.79 10,799.47 3,281.14
EBITDA 8,913.25 -6,520.39 13,887.56 2,781.88
EPS -0.00 -0.00 0.00 -0.00
Diluted EPS -0.00 -0.00 0.00 -0.00
Average Shares Outstanding Basic 30,704.55 28,573.10 27,227.28 21,781.81
Average Shares Outstanding Diluted 30,704.55 28,573.10 27,227.28 21,781.81
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -17,532.34 -13,572.96 -15,495.18 -8,859.59
   Operating Net Income -6,797.72 -21,885.41 4,329.34 -3,132.69
   Deprecation and Amortization 15,687.85 15,043.79 10,799.47 3,281.14
   Deferred Income Tax 0 0 -1,537.47 2,300.62
   Share Based Compensation 1,748.51 1,620.78 3,296.24 7,804.27
   Change in Working Capital 3,158.47 1,678.10 -1,181.05 1,026.38
   Other Operating Activities -31,329.45 -10,030.21 -31,201.71 -20,139.31
Investing Cash Flow 14,716.85 12,007.50 -2,428.76 -34,724.78
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -3,790.78 -2,507.82 -13,890.04 -33,924.78
   Net Purchase/Sale of Investments Net 18,507.63 19,264.98 11,461.28 0
   Net Purchase/Sale of Business 0 -4,749.67 0 0
   Other Investing Activities 0.00 0.00 0.00 -800.00
Financing Cash Flow 4,178.12 56.11 18,858.84 44,468.84
   Net Issuance/Repayment of Debt -828.04 -1,017.13 9,770.50 -5,149.26
   Net Issuance/Repurchase of Equity 4,006.16 1,073.24 8,058.74 49,618.10
   Dividends Paid 0 0 0 0
   Other Financing Activities 1,000.00 0.00 1,029.60 0.00
Net Change in Cash 1,362.62 -1,509.35 934.91 884.47
   Cash at Beginning of Period 341.27 1,850.62 915.72 31.25
   Cash at End of Period 1,703.90 341.27 1,850.62 915.72
Free Cash Flow -21,323.12 -16,580.72 -30,180.22 -42,784.37
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 51,272.07 37,294.72 33,016.39 34,318.09 38,615.77
   Current Assets 22,446.69 10,054.81 5,588.71 6,658.25 6,665.40
      Cash and Short-Term Investments 6,214.08 4,283.12 804.37 1,703.90 588.61
            Cash and Cash Equivalents 6,214.08 4,283.12 804.37 1,703.90 588.61
            Short-Term Investments 0 0 0 0 0
      Net Receivables 650.73 1,260.76 296.81 286.87 974.80
      Inventory 15,352.84 4,315.85 4,396.44 4,525.42 4,899.67
      Other Current Assets 229.05 195.09 91.10 142.07 202.31
   Non-Current Assets 28,825.38 27,239.90 27,427.68 27,659.84 31,950.37
      Property, Plant, Equipment Net 21,404.31 21,611.33 22,390.01 23,760.95 27,169.33
      Goodwill 0 0 0 0 0
      Intangible Assets 958.65 990.95 1,023.26 1,055.57 1,087.88
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 6,462.42 4,637.62 4,014.40 2,843.32 3,693.16
Liabilities 7,112.70 10,655.94 8,661.48 12,336.08 11,521.21
   Current Liabilities 4,909.18 8,404.06 6,395.78 10,056.87 6,133.80
      Payables and Expenses 2,753.67 2,977.45 3,434.41 6,579.95 5,858.93
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 0 53.45 52.27 128.68 274.87
      Other Current Liabilities 0 5,373.15 2,909.10 3,348.25 0.00
   Non-Current Liabilities 2,203.53 2,251.88 2,265.70 2,279.21 5,387.41
      Long-Term Debt 0 48.36 62.17 75.69 236.45
      Other Non-Current Liabilities 2,203.53 2,203.53 2,203.53 2,203.53 5,150.97
Equity 44,159.36 26,638.77 24,354.91 21,982.01 27,094.55
   Shareholders Equity 44,159.36 26,638.77 24,354.91 21,702.58 27,094.55
      Capital Stock 74,775.10 59,938.94 52,351.25 46,006.40 48,323.37
      Share Premium 19,754.52 15,997.19 14,093.07 16,124.35 14,921.34
      Retained Earnings -45,066.51 -45,369.30 -34,983.55 -33,295.01 -32,830.94
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -5,303.76 -3,928.07 -7,105.87 -7,133.16 -3,319.22
   Minority Interest 0 0 0 279.43 0
Debt 0 101.81 114.44 204.36 511.31
Common Shares Outstanding 44,743.85 39,475.09 36,311.20 33,014.93 33,014.93
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 8,145.31 8,111.45 9,276.59 5,637.54 9,175.74 0
Cost Of Revenue 8,999.19 8,203.53 10,795.10 11,048.32 12,221.76 0
Interest Income 21.02 0 0 0 0 0
Interest Expense 0 20.39 0 41.08 4.47 7.34
Non-Interest Expense 2,072.22 3,991.40 2,819.38 2,098.53 1,332.21 0
Gross Profit -853.88 -92.08 -1,518.51 -5,410.78 -3,046.02 0
Operating Expenses 2,088.49 4,069.34 2,923.57 2,134.20 1,344.88 0
   Selling, General and Administrative Expenses 2,072.22 3,991.40 2,819.38 2,098.53 1,332.21 0
   Other Operating Expenses 16.27 77.94 104.19 35.66 12.66 0
Operating Income -2,942.37 -4,161.42 -4,442.09 -7,544.98 -4,390.90 0
Net Non-Operating Income 111.33 -282.66 0 -760.09 0 0
EBT 302.79 -10,385.75 -1,688.53 -504.07 -6,412.34 0
Income Tax 0 0 0 0 0 -50.26
Net Income Including Non-Controlling Interests 302.79 -10,385.75 -1,688.53 -504.07 -6,412.34 0
Net Income 302.79 -10,385.75 -1,688.53 -464.07 -6,412.34 0
EBIT -2,942.37 -10,365.36 -4,442.09 -462.99 -6,407.88 0
Deprecation and Amortization 1,599.18 1,586.25 2,185.35 3,807.46 3,917.54 0
EBITDA -1,343.19 -8,779.11 -2,256.74 3,344.47 -2,490.34 0
EPS 0.00 -0.00 -0.00 0 -0.00 -0.00
Diluted EPS 0.00 -0.00 -0.00 0 -0.00 -0.00
Average Shares Outstanding Basic 43,612.66 36,623.57 34,966.83 0 31,181.27 29,349.57
Average Shares Outstanding Diluted 44,372.92 36,623.57 34,966.83 0 31,181.27 29,349.57
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow -6,831.81 -8,199.22 -10,105.00 -18,003.92 -6,505.17
   Operating Net Income 302.79 -10,385.75 -1,688.53 -464.07 -6,412.34
   Deprecation and Amortization 1,599.18 1,586.25 2,185.35 3,807.46 3,917.54
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 601.47 2,069.04 1,038.79 481.73 516.37
   Change in Working Capital -1,361.17 -2,430.78 -4,276.28 1,899.64 -2,483.10
   Other Operating Activities 0 0 -7,364.32 0 0
Investing Cash Flow -7,605.27 5,598.55 3,816.10 17,916.85 1,844.55
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -1,447.76 -775.26 -782.11 -590.78 0
   Net Purchase/Sale of Investments Net 0 6,373.81 4,598.20 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0
Financing Cash Flow 16,368.05 6,079.41 5,389.38 1,202.36 3,722.18
   Net Issuance/Repayment of Debt -5.00 -15.00 -93.13 201.66 -277.82
   Net Issuance/Repurchase of Equity 12,021.63 1,569.41 6,482.51 0.70 4,000.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 4,351.41 4,525.00 -1,000.00 1,000.00 0.00
Net Change in Cash 1,930.96 3,478.75 -899.52 1,115.29 -938.45
   Cash at Beginning of Period 4,283.12 804.37 1,703.90 588.61 1,527.06
   Cash at End of Period 6,214.08 4,283.12 804.37 1,703.90 588.61
Free Cash Flow -14,437.09 -8,974.48 -10,887.11 -18,594.69 -6,505.17