Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 2.71 3.09 3.16 5.62
Price to Sales 0.30 0.34 0.18 0.34
Book Value Per Common Share 164.15 152.64 144.86 136.83 147.42
Price to Book 0.11 0.14 0.12 0.19
Price to Operating Cash Flow 0.59 0.79 0.93 0.94
Price to Free Cash Flow
Enterprise Value to EBITDA 5421.92 7172.29 6805.12 9754.66
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 3.44 5.24 8.44 3.95 6.47 13.48 3.91 6.76 9.19 4.32 8.55 11.46
Price to Sales 0.33 0.45 0.84 0.49 0.67 1.29 0.41 0.67 1.08 0.24 0.39 0.98
Book Value Per Common Share 168.93 164.08 164.08 164.15 157.64 153.00 152.57 152.64 146.78 144.13 144.91 144.86 142.86 135.63 136.87 136.83 133.96 148.77 148.73 147.42
Price to Book 0.11 0.10 0.11 0.11 0.13 0.13 0.13 0.14 0.13 0.15 0.14 0.12 0.13 0.14 0.17 0.19
Price to Operating Cash Flow 0.89 1.28 2.44 0.99 1.43 2.59 0.96 1.60 2.92 1.40 2.04 4.11
Price to Free Cash Flow
Enterprise Value to EBITDA 6636.14 10086.73 21369.20 8273.87 11964.38 25886.67 8047.43 14284.67 25489.42 8160.62 13998.30 29944.81

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 0.15 22.42 18.16 -33.99
Revenue YoY -2.26 -33.72 28.50 22.89
EBITDA YoY 16.36 14.24 1.01 -21.76
Net Profit YoY 13.74 28.99 19.40 -33.70
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 61.85 51.87 74.92 103.31 51.44 44.91 90.09 9.36 4.38 44.88
Revenue YoY 44.88 77.00 47.52 88.73 44.69 71.02 55.27 107.58 47.24 85.47
EBITDA YoY 61.61 100.00 54.42 111.04 55.38 90.35 64.60 74.52 31.90 90.22
Net Profit YoY 68.99 73.93 75.12 102.88 51.39 45.17 89.79 9.39 37.15 45.09

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.28 0.64 0.46 0.32 3.32
Quick Ratio 0.57 0.54 0.65 0.49 1.03
Current Ratio 0.72 0.69 0.85 0.61 1.22
Debt to Equity 6.79 4.62 4.61 7.58 3.82
Long-Term Debt to Equity 6.47 4.28 4.26 7.12 3.64
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 1.05 1.14 1.20 1.28 10.87 6.49 4.36 0.64 0.80 0.41 1.34 0.44 0.72 0.67 1.15 0.31 0.50 18.44 13.07 3.30
Quick Ratio 0.45 0.51 0.44 0.57 0.52 0.48 0.50 0.54 0.44 0.44 0.47 0.65 0.41 0.37 0.41 0.49 0.54 1.19 1.30 1.03
Current Ratio 0.95 0.93 0.78 0.72 0.80 0.74 0.84 0.69 0.84 0.92 0.96 0.85 0.88 0.71 0.78 0.61 1.07 1.53 1.73 1.22
Debt to Equity 14.97 15.01 14.53 6.79 6.47 6.55 6.25 4.62 6.01 6.11 5.93 4.61 7.05 7.31 6.87 7.58 6.90 5.35 5.02 3.82
Long-Term Debt to Equity 14.47 14.51 13.96 6.47 5.66 5.77 5.65 4.28 5.43 5.59 5.40 4.26 6.25 6.33 6.11 7.12 6.33 4.93 4.72 3.64

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.87 1.13 0.93 0.61 1.14
ROE 6.80 6.36 5.24 5.27 5.49
Gross Margin 99.64 99.15
Operating Margin 30.95 34.74 19.83 25.74 34.46
EBITDA Margin 56.35 47.34 27.47 34.94 54.87
Net Profit Margin 12.76 10.96 5.63 6.06 11.23
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 0.67 0.41 0.24 1.28 0.76 0.39 1.29 0.87 0.60 1.13 0.60 0.56 1.17 0.72 0.52
ROE 10.75 6.60 3.73 9.59 5.71 2.80 9.01 6.16 4.18 9.10 5.02 4.44 9.21 4.59 3.12
Gross Margin 99.56 99.59 99.51 99.21
Operating Margin 27.89 23.63 20.88 32.82 30.86 26.45 27.69 25.27 23.95 15.84 13.80 18.68 19.11 23.65 24.25
EBITDA Margin 49.88 44.71 39.57 58.88 56.26 50.31 50.83 47.33 42.52 29.35 27.68 32.93 37.55 41.92 40.87
Net Profit Margin 11.49 9.85 10.02 12.33 10.38 9.66 10.46 10.00 11.78 5.55 4.54 8.61 7.66 8.22 10.51

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 182,200,000.00 123,539,000.00 115,926,000.00 147,657,000.00 119,923,000.00
   Current Assets 5,376,000.00 5,215,000.00 6,031,000.00 4,852,000.00 5,376,000.00
      Cash and Short-Term Investments 265,000.00 132,000.00 90,000.00 61,000.00 640,000.00
            Cash and Cash Equivalents 265,000.00 132,000.00 90,000.00 61,000.00 640,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 3,958,000.00 3,909,000.00 4,474,000.00 3,835,000.00 3,893,000.00
      Inventory 1,975,000.00 1,654,000.00 1,440,000.00 1,345,000.00 1,195,000.00
      Other Current Assets -822,000.00 -480,000.00 27,000.00 -389,000.00 -352,000.00
   Non-Current Assets 176,824,000.00 118,324,000.00 109,895,000.00 142,805,000.00 114,547,000.00
      Property, Plant, Equipment Net 54,637,000.00 175,956,000.00 186,882,000.00 176,020,000.00 179,880,000.00
      Goodwill 5,979,000.00 1,993,000.00 1,993,000.00 5,979,000.00 4,982,000.00
      Intangible Assets 144,000.00 156,000.00 166,000.00 177,000.00 2,350,000.00
      Long-Term Investments 5,552,000.00 5,134,000.00 4,700,000.00 5,538,000.00 15,183,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 110,512,000.00 -64,915,000.00 -83,846,000.00 -44,909,000.00 -87,848,000.00
Liabilities 158,818,000.00 101,563,000.00 95,248,000.00 130,455,000.00 95,019,000.00
   Current Liabilities 7,448,000.00 7,534,000.00 7,075,000.00 7,989,000.00 4,390,000.00
      Payables and Expenses 2,760,000.00 2,667,000.00 2,059,000.00 1,820,000.00 1,898,000.00
            Account Payables 2,760,000.00 2,667,000.00 2,059,000.00 1,820,000.00 1,898,000.00
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 3,493,000.00 4,008,000.00 2,637,000.00 4,053,000.00 1,095,000.00
      Other Current Liabilities 1,195,000.00 859,000.00 2,379,000.00 2,116,000.00 1,397,000.00
   Non-Current Liabilities 151,370,000.00 94,029,000.00 88,173,000.00 122,466,000.00 90,629,000.00
      Long-Term Debt 63,355,000.00 55,385,000.00 52,419,000.00 37,787,000.00 79,319,000.00
      Other Non-Current Liabilities 88,015,000.00 38,644,000.00 35,754,000.00 84,679,000.00 11,310,000.00
Equity 23,382,000.00 21,976,000.00 20,678,000.00 17,202,000.00 24,904,000.00
   Shareholders Equity 34,007,000.00 31,498,000.00 29,787,000.00 26,511,000.00 28,565,000.00
      Capital Stock 14,774,000.00 14,074,000.00 13,253,000.00 11,381,000.00 10,853,000.00
      Share Premium 0 0 0 0 0
      Retained Earnings 8,105,000.00 7,267,000.00 6,901,000.00 6,339,000.00 9,779,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -26,000.00 -67,000.00 -62,000.00 -112,000.00 -137,000.00
   Minority Interest 5,000.00 5,000.00 4,000.00 8,000.00 164,000.00
Investments 5,552,000.00 5,134,000.00 4,700,000.00 5,538,000.00 15,183,000.00
Debt 66,848,000.00 59,393,000.00 55,056,000.00 41,840,000.00 80,414,000.00
Net Debt 66,583,000.00 59,261,000.00 54,966,000.00 41,779,000.00 79,774,000.00
Common Shares Outstanding 207,171.58 206,357.07 205,632.39 193,747.51 193,770.62
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 12,457,000.00 12,745,000.00 19,228,000.00 14,964,000.00 12,177,000.00
Cost Of Revenue 0 0 0 54,000.00 103,000.00
Interest Income 1,833,000.00 2,145,000.00 1,820,000.00 2,291,000.00 1,849,000.00
Interest Expense 1,446,000.00 2,011,000.00 1,720,000.00 2,225,000.00 1,771,000.00
Net Interest 387,000.00 134,000.00 100,000.00 66,000.00 78,000.00
Provisions for Credit Losses 0 0 0 54,000.00 103,000.00
Gross Profit 0 0 0 14,910,000.00 12,074,000.00
Operating Expenses 0 0 0 12,146,000.00 8,864,000.00
   Selling, General and Administrative Expenses 839,000.00 800,000.00 795,000.00 751,000.00 706,000.00
   Other Operating Expenses 0 0 0 11,395,000.00 8,158,000.00
Operating Income 3,519,000.00 3,444,000.00 3,067,000.00 2,764,000.00 3,210,000.00
Net Non-Operating Income -1,109,000.00 -1,028,000.00 -974,000.00 -1,138,000.00 -785,000.00
EBT 2,410,000.00 2,416,000.00 2,093,000.00 1,626,000.00 2,425,000.00
Income Tax 49,000.00 416,000.00 84,000.00 286,000.00 443,000.00
Equity Method Investments Income 0 3,000.00 -14,000.00 38,000.00 0
Net Income Including Non-Controlling Interests 1,404,000.00 1,397,000.00 1,083,000.00 903,000.00 1,365,000.00
Net Income Non-Controlling Interests 185,000.00 0.00 0.00 4,000.00 3,000.00
Net Income 1,589,000.00 1,397,000.00 1,083,000.00 907,000.00 1,368,000.00
EBIT 3,856,000.00 4,427,000.00 3,813,000.00 3,851,000.00 4,196,000.00
Deprecation and Amortization 3,164,000.00 1,606,000.00 1,468,000.00 1,377,000.00 2,486,000.00
EBITDA 7,020,000.00 6,033,000.00 5,281,000.00 5,228,000.00 6,682,000.00
EPS 0.01 0.01 0.01 0.00 0.01
Diluted EPS 0.01 0.01 0.01 0.00 0.01
Average Shares Outstanding Basic 207,000.00 206,000.00 195,000.00 193,000.00 193,000.00
Average Shares Outstanding Diluted 207,000.00 206,000.00 196,000.00 194,000.00 193,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 6,459,000.00 5,495,000.00 3,667,000.00 5,383,000.00 5,602,000.00
   Operating Net Income 6,541,000.00 1,397,000.00 1,083,000.00 903,000.00 7,429,000.00
   Deprecation and Amortization 3,164,000.00 1,606,000.00 1,468,000.00 1,377,000.00 2,486,000.00
   Deferred Income Tax 390,000.00 263,000.00 69,000.00 90,000.00 496,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -1,002,000.00 -844,000.00 1,443,000.00 -1,288,000.00 -430,000.00
   Other Operating Activities -2,634,000.00 3,073,000.00 -396,000.00 4,301,000.00 -4,379,000.00
Investing Cash Flow -8,693,000.00 -7,228,000.00 -6,096,000.00 -6,910,000.00 -6,752,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 46,000.00 3,000.00 28,000.00 3,000.00 2,687,000.00
   Net Purchase/Sale of Investments Net 2,757,000.00 2,883,000.00 3,595,000.00 4,291,000.00 9,487,000.00
   Net Purchase/Sale of Business 27,000.00 27,000.00 13,000.00 8,000.00 163,000.00
   Other Investing Activities -11,523,000.00 -10,141,000.00 -9,732,000.00 -11,212,000.00 -19,089,000.00
Financing Cash Flow 2,298,000.00 1,749,000.00 2,452,000.00 1,039,000.00 1,577,000.00
   Net Issuance/Repayment of Debt 7,894,000.00 7,116,000.00 5,617,000.00 10,005,000.00 7,679,000.00
   Net Issuance/Repurchase of Equity 0 0 1,355,000.00 66,000.00 2,000.00
   Dividends Paid 2,362,000.00 2,756,000.00 2,211,000.00 1,967,000.00 1,838,000.00
   Other Financing Activities -7,958,000.00 -8,123,000.00 -6,731,000.00 -10,999,000.00 -7,942,000.00
Net Change in Cash 64,000.00 8,000.00 23,000.00 -488,000.00 427,000.00
   Cash at Beginning of Period 24,000.00 43,000.00 20,000.00 523,000.00 89,000.00
   Cash at End of Period 88,000.00 51,000.00 43,000.00 35,000.00 516,000.00
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 194,191,000.00 187,797,000.00 185,220,000.00 182,200,000.00 86,627,000.00 83,945,000.00 81,032,000.00 123,539,000.00 76,038,000.00 74,554,000.00 73,806,000.00 115,926,000.00 72,301,000.00 71,296,000.00 69,805,000.00 147,657,000.00 67,776,000.00 79,609,000.00 76,548,000.00 119,923,000.00
   Current Assets 5,735,000.00 5,461,000.00 5,360,000.00 5,376,000.00 7,532,000.00 6,431,000.00 5,648,000.00 5,215,000.00 5,210,000.00 4,988,000.00 5,459,000.00 6,031,000.00 6,285,000.00 5,968,000.00 5,325,000.00 4,852,000.00 5,217,000.00 7,974,000.00 6,661,000.00 5,376,000.00
      Cash and Short-Term Investments 218,000.00 236,000.00 249,000.00 265,000.00 2,250,000.00 1,336,000.00 899,000.00 132,000.00 165,000.00 85,000.00 275,000.00 90,000.00 138,000.00 129,000.00 221,000.00 61,000.00 97,000.00 3,559,000.00 2,536,000.00 640,000.00
            Cash and Cash Equivalents 218,000.00 236,000.00 249,000.00 265,000.00 1,179,000.00 274,000.00 699,000.00 132,000.00 165,000.00 85,000.00 275,000.00 90,000.00 138,000.00 129,000.00 221,000.00 61,000.00 97,000.00 3,559,000.00 2,536,000.00 640,000.00
            Short-Term Investments 0 0 0 0 1,071,000.00 1,062,000.00 200,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 2,489,000.00 2,746,000.00 2,740,000.00 3,958,000.00 2,624,000.00 2,840,000.00 2,479,000.00 3,909,000.00 2,560,000.00 2,320,000.00 2,420,000.00 4,474,000.00 2,795,000.00 3,025,000.00 2,571,000.00 3,835,000.00 2,564,000.00 2,635,000.00 2,466,000.00 3,893,000.00
      Inventory 2,331,000.00 2,176,000.00 1,860,000.00 1,975,000.00 2,103,000.00 1,839,000.00 1,683,000.00 1,654,000.00 1,697,000.00 1,523,000.00 1,325,000.00 1,440,000.00 1,547,000.00 1,355,000.00 1,204,000.00 1,345,000.00 1,410,000.00 1,259,000.00 1,119,000.00 1,195,000.00
      Other Current Assets 697,000.00 303,000.00 511,000.00 -822,000.00 555,000.00 416,000.00 587,000.00 -480,000.00 788,000.00 1,060,000.00 1,439,000.00 27,000.00 1,805,000.00 1,459,000.00 1,329,000.00 -389,000.00 1,146,000.00 521,000.00 540,000.00 -352,000.00
   Non-Current Assets 188,456,000.00 182,336,000.00 179,860,000.00 176,824,000.00 79,095,000.00 77,514,000.00 75,384,000.00 118,324,000.00 70,828,000.00 69,566,000.00 68,347,000.00 109,895,000.00 66,016,000.00 65,328,000.00 64,480,000.00 142,805,000.00 62,559,000.00 71,635,000.00 69,887,000.00 114,547,000.00
      Property, Plant, Equipment Net 152,716,000.00 147,969,000.00 145,607,000.00 54,637,000.00 140,219,000.00 136,867,000.00 133,073,000.00 175,956,000.00 124,872,000.00 144,552,000.00 142,093,000.00 186,882,000.00 137,066,000.00 134,905,000.00 133,887,000.00 176,020,000.00 128,468,000.00 134,934,000.00 130,878,000.00 179,880,000.00
      Goodwill 5,979,000.00 5,979,000.00 5,979,000.00 5,979,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 1,993,000.00 5,979,000.00 1,993,000.00 2,516,000.00 2,516,000.00 4,982,000.00
      Intangible Assets 190,000.00 137,000.00 141,000.00 144,000.00 148,000.00 152,000.00 153,000.00 156,000.00 159,000.00 161,000.00 164,000.00 166,000.00 170,000.00 171,000.00 175,000.00 177,000.00 184,000.00 2,299,000.00 2,324,000.00 2,350,000.00
      Long-Term Investments 6,048,000.00 5,741,000.00 5,531,000.00 5,552,000.00 5,351,000.00 5,114,000.00 5,128,000.00 5,134,000.00 4,723,000.00 4,804,000.00 4,676,000.00 4,700,000.00 4,399,000.00 4,558,000.00 4,965,000.00 5,538,000.00 5,012,000.00 9,733,000.00 9,890,000.00 15,183,000.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 23,523,000.00 22,510,000.00 22,602,000.00 110,512,000.00 -68,616,000.00 -66,612,000.00 -64,963,000.00 -64,915,000.00 -60,919,000.00 -81,944,000.00 -80,579,000.00 -83,846,000.00 -77,612,000.00 -76,299,000.00 -76,540,000.00 -44,909,000.00 -73,098,000.00 -77,847,000.00 -75,721,000.00 -87,848,000.00
Liabilities 182,028,000.00 176,070,000.00 173,293,000.00 158,818,000.00 75,029,000.00 72,833,000.00 69,854,000.00 101,563,000.00 65,184,000.00 64,069,000.00 63,160,000.00 95,248,000.00 63,315,000.00 62,717,000.00 60,938,000.00 130,455,000.00 59,197,000.00 67,070,000.00 63,834,000.00 95,019,000.00
   Current Liabilities 6,014,000.00 5,868,000.00 6,840,000.00 7,448,000.00 9,365,000.00 8,705,000.00 6,706,000.00 7,534,000.00 6,227,000.00 5,443,000.00 5,693,000.00 7,075,000.00 7,122,000.00 8,430,000.00 6,804,000.00 7,989,000.00 4,891,000.00 5,205,000.00 3,855,000.00 4,390,000.00
      Payables and Expenses 2,768,000.00 3,020,000.00 2,602,000.00 2,760,000.00 2,659,000.00 2,905,000.00 2,435,000.00 2,667,000.00 2,356,000.00 2,354,000.00 1,550,000.00 2,059,000.00 2,038,000.00 2,349,000.00 1,728,000.00 1,820,000.00 2,362,000.00 2,319,000.00 1,774,000.00 1,898,000.00
            Account Payables 2,768,000.00 3,020,000.00 2,602,000.00 2,760,000.00 2,659,000.00 2,905,000.00 2,435,000.00 2,667,000.00 2,356,000.00 2,354,000.00 1,550,000.00 2,059,000.00 2,038,000.00 2,349,000.00 1,728,000.00 1,820,000.00 2,362,000.00 2,319,000.00 1,774,000.00 1,898,000.00
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 2,137,000.00 1,779,000.00 3,050,000.00 3,493,000.00 5,564,000.00 4,843,000.00 3,371,000.00 4,008,000.00 3,042,000.00 2,119,000.00 3,602,000.00 2,637,000.00 2,668,000.00 3,688,000.00 3,088,000.00 4,053,000.00 1,265,000.00 1,733,000.00 1,137,000.00 1,095,000.00
      Other Current Liabilities 1,109,000.00 1,069,000.00 1,188,000.00 1,195,000.00 1,142,000.00 957,000.00 900,000.00 859,000.00 829,000.00 970,000.00 541,000.00 2,379,000.00 2,416,000.00 2,393,000.00 1,988,000.00 2,116,000.00 1,264,000.00 1,153,000.00 944,000.00 1,397,000.00
   Non-Current Liabilities 176,014,000.00 170,202,000.00 166,453,000.00 151,370,000.00 65,664,000.00 64,128,000.00 63,148,000.00 94,029,000.00 58,957,000.00 58,626,000.00 57,467,000.00 88,173,000.00 56,193,000.00 54,287,000.00 54,134,000.00 122,466,000.00 54,306,000.00 61,865,000.00 59,979,000.00 90,629,000.00
      Long-Term Debt 73,321,000.00 70,262,000.00 65,543,000.00 63,355,000.00 62,870,000.00 60,485,000.00 60,385,000.00 55,385,000.00 47,453,000.00 47,400,000.00 45,496,000.00 52,419,000.00 44,378,000.00 40,818,000.00 40,862,000.00 37,787,000.00 51,172,000.00 60,979,000.00 57,695,000.00 79,319,000.00
      Other Non-Current Liabilities 102,693,000.00 99,940,000.00 100,910,000.00 88,015,000.00 2,794,000.00 3,643,000.00 2,763,000.00 38,644,000.00 11,504,000.00 11,226,000.00 11,971,000.00 35,754,000.00 11,815,000.00 13,469,000.00 13,272,000.00 84,679,000.00 3,134,000.00 886,000.00 2,284,000.00 11,310,000.00
Equity 12,163,000.00 11,727,000.00 11,927,000.00 23,382,000.00 11,598,000.00 11,112,000.00 11,178,000.00 21,976,000.00 10,854,000.00 10,485,000.00 10,646,000.00 20,678,000.00 8,986,000.00 8,579,000.00 8,867,000.00 17,202,000.00 8,579,000.00 12,539,000.00 12,714,000.00 24,904,000.00
   Shareholders Equity 35,084,000.00 34,062,000.00 34,049,000.00 34,007,000.00 32,648,000.00 31,674,000.00 31,573,000.00 31,498,000.00 30,274,000.00 29,717,000.00 29,868,000.00 29,787,000.00 27,678,000.00 26,276,000.00 26,517,000.00 26,511,000.00 25,951,000.00 28,824,000.00 28,814,000.00 28,565,000.00
      Capital Stock 14,830,000.00 14,804,000.00 14,781,000.00 14,774,000.00 14,115,000.00 14,093,000.00 14,071,000.00 14,074,000.00 13,299,000.00 13,278,000.00 13,254,000.00 13,253,000.00 11,635,000.00 11,325,000.00 11,312,000.00 11,381,000.00 11,086,000.00 10,808,000.00 10,791,000.00 10,853,000.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 8,825,000.00 8,115,000.00 8,232,000.00 8,105,000.00 8,047,000.00 7,327,000.00 7,344,000.00 7,267,000.00 7,307,000.00 6,878,000.00 7,066,000.00 6,901,000.00 6,792,000.00 6,204,000.00 6,487,000.00 6,339,000.00 6,289,000.00 9,925,000.00 10,026,000.00 9,779,000.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -34,000.00 -27,000.00 -28,000.00 -26,000.00 -42,000.00 -30,000.00 -42,000.00 -67,000.00 -44,000.00 -57,000.00 -65,000.00 -62,000.00 -98,000.00 -104,000.00 -109,000.00 -112,000.00 -116,000.00 -132,000.00 -134,000.00 -137,000.00
   Minority Interest 5,000.00 5,000.00 6,000.00 5,000.00 6,000.00 6,000.00 5,000.00 5,000.00 4,000.00 4,000.00 4,000.00 4,000.00 6,000.00 5,000.00 4,000.00 8,000.00 12,000.00 161,000.00 162,000.00 164,000.00
Investments 6,048,000.00 5,741,000.00 5,531,000.00 5,552,000.00 6,422,000.00 6,176,000.00 5,328,000.00 5,134,000.00 4,723,000.00 4,804,000.00 4,676,000.00 4,700,000.00 4,399,000.00 4,558,000.00 4,965,000.00 5,538,000.00 5,012,000.00 9,733,000.00 9,890,000.00 15,183,000.00
Debt 75,458,000.00 72,041,000.00 68,593,000.00 66,848,000.00 68,434,000.00 65,328,000.00 63,756,000.00 59,393,000.00 50,495,000.00 49,519,000.00 49,098,000.00 55,056,000.00 47,046,000.00 44,506,000.00 43,950,000.00 41,840,000.00 52,437,000.00 62,712,000.00 58,832,000.00 80,414,000.00
Net Debt 75,240,000.00 71,805,000.00 68,344,000.00 66,583,000.00 66,184,000.00 63,992,000.00 62,857,000.00 59,261,000.00 50,330,000.00 49,434,000.00 48,823,000.00 54,966,000.00 46,908,000.00 44,377,000.00 43,729,000.00 41,779,000.00 52,340,000.00 59,153,000.00 56,296,000.00 79,774,000.00
Common Shares Outstanding 207,683.01 207,587.80 207,515.68 207,171.58 207,100.59 207,020.08 206,937.24 206,357.07 206,258.73 206,175.59 206,109.17 205,632.39 193,741.99 193,736.38 193,739.17 193,747.51 193,727.28 193,751.55 193,727.36 193,770.62
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 11,386,000.00 7,859,000.00 4,440,000.00 -5,919,000.00 9,021,000.00 6,115,000.00 3,240,000.00 -6,848,000.00 9,351,000.00 6,463,000.00 3,779,000.00 -9,602,000.00 14,752,000.00 9,501,000.00 4,577,000.00 -6,138,000.00 10,317,000.00 7,007,000.00 3,778,000.00
Cost Of Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,000.00 -52,000.00 42,000.00 34,000.00 30,000.00
Interest Income 1,425,000.00 930,000.00 456,000.00 -452,000.00 1,180,000.00 750,000.00 355,000.00 239,000.00 961,000.00 629,000.00 316,000.00 279,000.00 783,000.00 509,000.00 249,000.00 725,000.00 744,000.00 552,000.00 270,000.00
Interest Expense 1,188,000.00 775,000.00 382,000.00 -653,000.00 1,072,000.00 692,000.00 335,000.00 228,000.00 902,000.00 588,000.00 293,000.00 229,000.00 757,000.00 493,000.00 241,000.00 696,000.00 728,000.00 538,000.00 263,000.00
Net Interest 237,000.00 155,000.00 74,000.00 201,000.00 108,000.00 58,000.00 20,000.00 11,000.00 59,000.00 41,000.00 23,000.00 50,000.00 26,000.00 16,000.00 8,000.00 29,000.00 16,000.00 14,000.00 7,000.00
Provisions for Credit Losses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20,000.00 -52,000.00 42,000.00 34,000.00 30,000.00
Gross Profit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,557,000.00 -6,086,000.00 10,275,000.00 6,973,000.00 3,748,000.00
Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,716,000.00 -4,330,000.00 8,089,000.00 5,475,000.00 2,912,000.00
   Selling, General and Administrative Expenses 682,000.00 447,000.00 232,000.00 -410,000.00 626,000.00 417,000.00 206,000.00 -415,000.00 605,000.00 404,000.00 206,000.00 -432,000.00 606,000.00 410,000.00 211,000.00 -425,000.00 574,000.00 398,000.00 204,000.00
   Other Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,505,000.00 -3,905,000.00 7,515,000.00 5,077,000.00 2,708,000.00
Operating Income 2,905,000.00 1,687,000.00 848,000.00 -1,661,000.00 2,665,000.00 1,716,000.00 799,000.00 -1,393,000.00 2,458,000.00 1,529,000.00 850,000.00 -1,388,000.00 2,308,000.00 1,306,000.00 841,000.00 -1,756,000.00 2,186,000.00 1,498,000.00 836,000.00
Net Non-Operating Income -918,000.00 -605,000.00 -303,000.00 465,000.00 -776,000.00 -521,000.00 -277,000.00 465,000.00 -771,000.00 -484,000.00 -238,000.00 469,000.00 -728,000.00 -488,000.00 -227,000.00 366,000.00 -942,000.00 -379,000.00 -183,000.00
EBT 1,987,000.00 1,082,000.00 545,000.00 -1,196,000.00 1,889,000.00 1,195,000.00 522,000.00 -928,000.00 1,687,000.00 1,045,000.00 612,000.00 -919,000.00 1,580,000.00 818,000.00 614,000.00 -1,390,000.00 1,244,000.00 1,119,000.00 653,000.00
Income Tax 57,000.00 17,000.00 35,000.00 -211,000.00 109,000.00 112,000.00 39,000.00 68,000.00 161,000.00 120,000.00 67,000.00 47,000.00 12,000.00 6,000.00 19,000.00 109,000.00 32,000.00 97,000.00 48,000.00
Equity Method Investments Income 0 0 0 0 0 0 0 3,000.00 0 0 0 27,000.00 -15,000.00 -15,000.00 -11,000.00 7,000.00 31,000.00 0 0
Net Income Including Non-Controlling Interests 0 0 445,000.00 -656,000.00 1,112,000.00 635,000.00 313,000.00 -672,000.00 978,000.00 646,000.00 445,000.00 -560,000.00 818,000.00 431,000.00 394,000.00 -668,000.00 598,000.00 576,000.00 397,000.00
Net Income Non-Controlling Interests 0 0 0.00 185,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -188,000.00 192,000.00 0.00 0.00
Net Income 1,308,000.00 774,000.00 445,000.00 -471,000.00 1,112,000.00 635,000.00 313,000.00 -672,000.00 978,000.00 646,000.00 445,000.00 -560,000.00 818,000.00 431,000.00 394,000.00 -856,000.00 790,000.00 576,000.00 397,000.00
EBIT 3,175,000.00 1,857,000.00 927,000.00 -1,849,000.00 2,961,000.00 1,887,000.00 857,000.00 -700,000.00 2,589,000.00 1,633,000.00 905,000.00 -690,000.00 2,337,000.00 1,311,000.00 855,000.00 -694,000.00 1,972,000.00 1,657,000.00 916,000.00
Deprecation and Amortization 2,504,000.00 1,657,000.00 830,000.00 -1,513,000.00 2,351,000.00 1,553,000.00 773,000.00 -2,686,000.00 2,164,000.00 1,426,000.00 702,000.00 -2,495,000.00 1,992,000.00 1,319,000.00 652,000.00 -2,433,000.00 1,902,000.00 1,280,000.00 628,000.00
EBITDA 5,679,000.00 3,514,000.00 1,757,000.00 -3,362,000.00 5,312,000.00 3,440,000.00 1,630,000.00 -3,386,000.00 4,753,000.00 3,059,000.00 1,607,000.00 -3,185,000.00 4,329,000.00 2,630,000.00 1,507,000.00 -3,127,000.00 3,874,000.00 2,937,000.00 1,544,000.00
EPS 0.01 0.00 0.00 -0.00 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 0.00
Diluted EPS 0.01 0.00 0.00 0.00 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 0.00
Average Shares Outstanding Basic 207,000.00 207,000.00 207,000.00 209,000.00 207,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 201,000.00 193,000.00 193,000.00 193,000.00 192,000.00 193,000.00 193,000.00 194,000.00
Average Shares Outstanding Diluted 207,000.00 207,000.00 207,000.00 207,000.00 207,000.00 207,000.00 207,000.00 206,000.00 206,000.00 206,000.00 206,000.00 202,000.00 194,000.00 194,000.00 194,000.00 194,000.00 194,000.00 194,000.00 194,000.00
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 4,223,000.00 2,760,000.00 1,531,000.00 -2,447,000.00 4,425,000.00 2,861,000.00 1,620,000.00 -2,581,000.00 3,956,000.00 2,719,000.00 1,401,000.00 -1,739,000.00 2,514,000.00 1,799,000.00 1,093,000.00 -3,168,000.00 3,978,000.00 2,945,000.00 1,628,000.00
   Operating Net Income 4,438,000.00 2,561,000.00 1,567,000.00 747,000.00 3,110,000.00 1,718,000.00 966,000.00 -3,123,000.00 2,504,000.00 1,571,000.00 445,000.00 -560,000.00 818,000.00 431,000.00 394,000.00 -5,264,000.00 1,989,000.00 2,174,000.00 2,004,000.00
   Deprecation and Amortization 2,504,000.00 1,657,000.00 830,000.00 -1,513,000.00 2,351,000.00 1,553,000.00 773,000.00 -2,686,000.00 2,164,000.00 1,426,000.00 702,000.00 -2,495,000.00 1,992,000.00 1,319,000.00 652,000.00 -2,433,000.00 1,902,000.00 1,280,000.00 628,000.00
   Deferred Income Tax 135,000.00 -50,000.00 -19,000.00 40,000.00 48,000.00 261,000.00 41,000.00 -108,000.00 178,000.00 122,000.00 71,000.00 25,000.00 26,000.00 0 18,000.00 -124,000.00 54,000.00 104,000.00 56,000.00
   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 199,000.00 93,000.00 -135,000.00 403,000.00 -515,000.00 -303,000.00 -587,000.00 2,667,000.00 -1,234,000.00 -1,413,000.00 -864,000.00 -1,096,000.00 1,290,000.00 1,111,000.00 138,000.00 -618,000.00 81,000.00 -361,000.00 -390,000.00
   Other Operating Activities -3,053,000.00 -1,501,000.00 -712,000.00 -2,124,000.00 -569,000.00 -368,000.00 427,000.00 669,000.00 344,000.00 1,013,000.00 1,047,000.00 2,387,000.00 -1,612,000.00 -1,062,000.00 -109,000.00 5,271,000.00 -48,000.00 -252,000.00 -670,000.00
Investing Cash Flow -6,424,000.00 -3,586,000.00 -1,707,000.00 6,425,000.00 -7,365,000.00 -5,255,000.00 -2,498,000.00 3,193,000.00 -5,183,000.00 -3,447,000.00 -1,791,000.00 2,451,000.00 -4,347,000.00 -2,799,000.00 -1,401,000.00 2,710,000.00 -4,953,000.00 -3,449,000.00 -1,218,000.00
   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 5,000.00 5,000.00 0 -45,000.00 46,000.00 45,000.00 0 3,000.00 0 0 0 24,000.00 4,000.00 0 0 -4,168,000.00 2,154,000.00 1,514,000.00 503,000.00
   Net Purchase/Sale of Investments Net 2,966,000.00 1,703,000.00 661,000.00 -2,211,000.00 2,300,000.00 1,857,000.00 811,000.00 -1,896,000.00 2,222,000.00 1,760,000.00 797,000.00 -2,247,000.00 2,890,000.00 2,095,000.00 857,000.00 -2,962,000.00 3,501,000.00 2,618,000.00 1,134,000.00
   Net Purchase/Sale of Business 211,000.00 0 0 16,000.00 4,000.00 4,000.00 3,000.00 -32,000.00 27,000.00 22,000.00 10,000.00 -7,000.00 12,000.00 7,000.00 1,000.00 -7,000.00 7,000.00 6,000.00 2,000.00
   Other Investing Activities -9,606,000.00 -5,294,000.00 -2,368,000.00 8,665,000.00 -9,715,000.00 -7,161,000.00 -3,312,000.00 5,118,000.00 -7,432,000.00 -5,229,000.00 -2,598,000.00 4,681,000.00 -7,253,000.00 -4,901,000.00 -2,259,000.00 9,847,000.00 -10,615,000.00 -7,587,000.00 -2,857,000.00
Financing Cash Flow 2,180,000.00 812,000.00 170,000.00 -5,479,000.00 3,934,000.00 2,459,000.00 1,384,000.00 -783,000.00 1,263,000.00 720,000.00 549,000.00 -943,000.00 1,871,000.00 1,054,000.00 470,000.00 -4,417,000.00 517,000.00 3,433,000.00 1,506,000.00
   Net Issuance/Repayment of Debt 7,875,000.00 6,010,000.00 2,441,000.00 -3,900,000.00 5,732,000.00 3,756,000.00 2,306,000.00 -5,052,000.00 4,945,000.00 3,619,000.00 3,604,000.00 -4,187,000.00 3,757,000.00 2,795,000.00 3,252,000.00 -6,811,000.00 8,905,000.00 5,919,000.00 1,992,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 1,190,000.00 55,000.00 55,000.00 55,000.00 -108,000.00 66,000.00 54,000.00 54,000.00
   Dividends Paid 1,288,000.00 858,000.00 428,000.00 -15,000.00 1,189,000.00 792,000.00 396,000.00 559,000.00 1,095,000.00 732,000.00 370,000.00 -132,000.00 1,114,000.00 781,000.00 448,000.00 -175,000.00 1,072,000.00 713,000.00 357,000.00
   Other Financing Activities -6,983,000.00 -6,056,000.00 -2,699,000.00 -1,564,000.00 -2,987,000.00 -2,089,000.00 -1,318,000.00 3,710,000.00 -4,777,000.00 -3,631,000.00 -3,425,000.00 2,186,000.00 -3,055,000.00 -2,577,000.00 -3,285,000.00 2,677,000.00 -9,526,000.00 -3,253,000.00 -897,000.00
Net Change in Cash -21,000.00 -14,000.00 -6,000.00 -1,501,000.00 994,000.00 65,000.00 506,000.00 -179,000.00 36,000.00 -8,000.00 159,000.00 -231,000.00 38,000.00 54,000.00 162,000.00 -4,875,000.00 -458,000.00 2,929,000.00 1,916,000.00
   Cash at Beginning of Period 100,000.00 98,000.00 96,000.00 1,589,000.00 29,000.00 22,000.00 -157,000.00 230,000.00 30,000.00 49,000.00 -22,000.00 274,000.00 13,000.00 28,000.00 -6,000.00 4,910,000.00 514,000.00 521,000.00 -346,000.00
   Cash at End of Period 79,000.00 84,000.00 90,000.00 88,000.00 1,023,000.00 87,000.00 349,000.00 51,000.00 66,000.00 41,000.00 137,000.00 43,000.00 51,000.00 82,000.00 156,000.00 35,000.00 56,000.00 3,450,000.00 1,570,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0