Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -4.33 -9.26 -118.44 299.50
Price to Sales 1.29 3.23 6.65 4.55
Book Value Per Common Share 1.09 1.53 1.94 1.50
Price to Book 2.02 3.44 5.49 4.00
Price to Operating Cash Flow -6.07 -13.31 -121.27 45.07
Price to Free Cash Flow -4.66 -10.29 -68.60 71.57
Enterprise Value to EBITDA 699680.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings -17.62 -11.00 -10.32 -44.20 -15.00
Price to Sales 6.18 3.85 5.41 4.06 7.25
Book Value Per Common Share 0.62 0.74 0.92 1.09 1.14
Price to Book 3.68 2.22 2.13 2.02 2.24
Price to Operating Cash Flow -26.14 -15.00 -14.43 68.21 -19.54
Price to Free Cash Flow -20.48 -11.13 -11.60 -1473.33 -16.26
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 6.11 9.64 25.06
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY -13.49 18.33 -33.27 55.11
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.80 1.18 1.84 1.41
Quick Ratio 1.33 2.27 3.60 3.30
Current Ratio 1.85 2.84 4.17 3.75
Debt to Equity 1.10 0.61 0.41 0.54
Long-Term Debt to Equity 0.18 0.12 0.11 0.18
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.28 0.43 0.61 0.80 0.68
Quick Ratio 0.94 1.02 1.16 1.33 1.42
Current Ratio 1.41 1.51 1.74 1.85 2.18
Debt to Equity 1.64 1.46 1.18 1.10 0.85
Long-Term Debt to Equity 0.29 0.23 0.20 0.18 0.16

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -22.10 -23.13 -2.90 0.91
ROE -46.50 -37.20 -4.09 1.40
Gross Margin 41.42 40.40 43.90 41.81
Operating Margin -28.84 -33.60 -3.50 2.14
EBITDA Margin -24.84 -30.43 -0.59 6.50
Net Profit Margin -29.66 -35.05 -5.32 1.59
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -8.16 -8.19 -9.44 -2.26 -8.10
ROE -21.50 -20.13 -20.53 -4.75 -15.01
Gross Margin 43.03 42.52 42.00 44.78 39.35
Operating Margin -35.49 -35.95 -44.22 -8.35 -44.53
EBITDA Margin -35.49 -35.95 -44.22 -8.35 -44.53
Net Profit Margin -36.13 -34.91 -52.18 -9.55 -48.85

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
Assets 86,063.00 91,548.00 101,123.00 77,226.00
   Current Assets 69,876.00 78,480.00 90,518.00 67,382.00
      Cash and Short-Term Investments 29,836.00 43,471.00 63,136.00 47,183.00
            Cash and Cash Equivalents 29,836.00 43,471.00 63,136.00 47,183.00
            Short-Term Investments 0 0 0 0
      Net Receivables 20,290.00 19,238.00 14,942.00 12,120.00
      Inventory 18,495.00 15,112.00 11,780.00 7,499.00
      Other Current Assets 1,255.00 659.00 660.00 580.00
   Non-Current Assets 16,188.00 13,067.00 10,606.00 9,844.00
      Property, Plant, Equipment Net 10,335.00 8,192.00 5,985.00 5,172.00
      Goodwill 2,412.00 2,412.00 2,412.00 2,412.00
      Intangible Assets 1,086.00 1,083.00 724.00 728.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 833.00 729.00 829.00 898.00
      Other Non-Current Assets 1,522.00 651.00 656.00 634.00
Liabilities 45,167.00 34,625.00 29,493.00 27,171.00
   Current Liabilities 37,811.00 27,596.00 21,708.00 17,951.00
      Payables and Expenses 18,126.00 15,880.00 10,739.00 8,768.00
            Account Payables 12,557.00 11,236.00 6,640.00 5,511.00
            Current Accrued Liabilities 5,523.00 4,506.00 3,873.00 2,755.00
      Short-Term Debt 9,819.00 5,112.00 4,572.00 3,757.00
      Other Current Liabilities 9,866.00 6,604.00 6,397.00 5,426.00
   Non-Current Liabilities 7,356.00 7,029.00 7,785.00 9,220.00
      Long-Term Debt 4,101.00 3,312.00 4,810.00 6,248.00
      Other Non-Current Liabilities 3,255.00 3,717.00 2,975.00 2,972.00
Equity 40,896.00 56,923.00 71,630.00 50,055.00
   Shareholders Equity 40,896.00 56,923.00 71,630.00 50,055.00
      Capital Stock 4,888.00 4,851.00 4,776.00 4,389.00
      Share Premium 124,269.00 120,908.00 113,952.00 89,621.00
      Retained Earnings -82,567.00 -63,549.00 -42,372.00 -39,438.00
      Treasury Shares 800.00 800.00 897.00 928.00
      Accumulated Other Comprehensive Income -4,894.00 -4,487.00 -3,829.00 -3,589.00
   Minority Interest 0 0 0 0
Debt 13,920.00 8,424.00 9,382.00 10,005.00
Common Shares Outstanding 37,392.09 37,103.78 36,910.93 33,466.14
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 64,115.00 60,423.00 55,109.00 44,066.00
Cost Of Revenue 37,559.00 36,012.00 30,915.00 25,643.00
Interest Income 796.00 1,311.00 404.00 10.00
Interest Expense 236.00 232.00 168.00 52.00
Non-Interest Expense 39,364.00 37,260.00 23,531.00 16,632.00
Gross Profit 26,556.00 24,411.00 24,193.00 18,422.00
Operating Expenses 47,090.00 44,223.00 28,451.00 20,034.00
   Selling, General and Administrative Expenses 39,364.00 37,260.00 23,531.00 16,632.00
   Research and Development Expenses 7,726.00 6,963.00 4,920.00 3,402.00
Operating Income -20,534.00 -19,812.00 -4,258.00 -1,612.00
EBT -18,729.00 -20,533.00 -2,096.00 893.00
Income Tax 289.00 644.00 837.00 193.00
Net Income Including Non-Controlling Interests -19,018.00 -21,177.00 -2,933.00 700.00
Net Income -19,018.00 -21,178.00 -2,933.00 700.00
EBIT -18,493.00 -20,301.00 -1,928.00 945.00
Deprecation and Amortization 2,565.00 1,913.00 1,605.00 1,920.00
EBITDA -15,928.00 -18,388.00 -323.00 2,865.00
EPS -0.00 -0.00 -0.00 0.00
Diluted EPS -0.00 -0.00 -0.00 0.00
Average Shares Outstanding Basic 37,286.45 36,996.72 34,392.60 33,457.47
Average Shares Outstanding Diluted 37,286.45 36,996.72 34,392.60 35,843.02
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -13,584.00 -14,678.00 -3,024.00 4,445.00
   Operating Net Income -19,018.00 -21,178.00 -2,933.00 700.00
   Deprecation and Amortization 2,565.00 1,913.00 1,605.00 1,920.00
   Deferred Income Tax -97.00 42.00 48.00 -563.00
   Share Based Compensation 3,283.00 6,865.00 2,103.00 1,900.00
   Change in Working Capital -1,962.00 -2,903.00 -4,316.00 521.00
   Other Operating Activities 1,645.00 583.00 469.00 -33.00
Investing Cash Flow -4,120.00 -4,344.00 -2,378.00 -1,638.00
   Capital Expenditure -2,556.00 -2,583.00 -1,570.00 -1,161.00
   Net Purchase/Sale of PPE -1,315.00 -1,179.00 -613.00 -393.00
   Net Purchase/Sale of Investments Net 0 1.00 0 13.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -249.00 -583.00 -195.00 -97.00
Financing Cash Flow 4,635.00 -911.00 21,741.00 20,266.00
   Net Issuance/Repayment of Debt 4,520.00 -1,172.00 -905.00 -1,466.00
   Net Issuance/Repurchase of Equity 0 0 21,960.00 21,289.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 115.00 261.00 686.00 443.00
Net Change in Cash -13,069.00 -19,933.00 16,341.00 23,072.00
   Cash at Beginning of Period 43,471.00 63,136.00 47,183.00 24,696.00
   Cash at End of Period 29,836.00 43,471.00 63,136.00 47,183.00
Free Cash Flow -17,685.00 -18,974.00 -5,344.00 2,799.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 61,464.00 68,343.00 74,976.00 86,063.00 79,043.00
   Current Assets 44,352.00 51,480.00 58,470.00 69,876.00 63,940.00
      Cash and Short-Term Investments 10,567.00 16,265.00 22,825.00 29,836.00 25,482.00
            Cash and Cash Equivalents 0 0 0 29,836.00 0
            Short-Term Investments 0 0 0 0 0
      Net Receivables 19,025.00 18,527.00 16,200.00 20,290.00 16,175.00
      Inventory 13,799.00 15,531.00 18,024.00 18,495.00 21,003.00
      Other Current Assets 961.00 1,157.00 1,421.00 1,255.00 1,280.00
   Non-Current Assets 17,113.00 16,862.00 16,506.00 16,188.00 15,102.00
      Property, Plant, Equipment Net 10,016.00 10,202.00 9,989.00 10,335.00 10,176.00
      Goodwill 2,412.00 2,412.00 2,412.00 2,412.00 2,412.00
      Intangible Assets 0 0 0 1,086.00 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 833.00 0
      Other Non-Current Assets 0 0 0 1,522.00 0
Liabilities 38,143.00 40,521.00 40,518.00 45,167.00 36,401.00
   Current Liabilities 31,404.00 34,115.00 33,553.00 37,811.00 29,381.00
      Payables and Expenses 16,844.00 18,549.00 17,340.00 18,126.00 18,823.00
            Account Payables 0 0 0 12,557.00 0
            Current Accrued Liabilities 0 0 0 5,523.00 0
      Short-Term Debt 5,048.00 6,276.00 5,687.00 9,819.00 2,480.00
      Other Current Liabilities 9,512.00 9,290.00 10,526.00 9,866.00 8,078.00
   Non-Current Liabilities 6,739.00 6,406.00 6,965.00 7,356.00 7,020.00
      Long-Term Debt 2,504.00 2,682.00 3,391.00 4,101.00 3,450.00
      Other Non-Current Liabilities 4,235.00 3,724.00 3,574.00 3,255.00 3,570.00
Equity 23,321.00 27,822.00 34,458.00 40,896.00 42,642.00
   Shareholders Equity 23,321.00 27,822.00 34,458.00 40,896.00 42,642.00
      Capital Stock 0 0 0 4,888.00 0
      Share Premium 0 0 0 124,269.00 0
      Retained Earnings 0 0 0 -82,567.00 0
      Treasury Shares 0 0 0 800.00 0
      Accumulated Other Comprehensive Income 0 0 0 -4,894.00 0
   Minority Interest 0 0 0 0 0
Debt 7,552.00 8,958.00 9,078.00 13,920.00 5,930.00
Net Debt 6,057.00 7,298.00 7,305.00 0 3,795.00
Common Shares Outstanding 0 0 37,392.09 37,392.09 37,392.09
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 13,879.00 16,043.00 13,558.00 20,318.00 13,099.00
Cost Of Revenue 7,908.00 9,221.00 7,863.00 11,221.00 7,944.00
Non-Interest Expense 8,811.00 10,382.00 9,236.00 10,971.00 9,271.00
Gross Profit 5,972.00 6,822.00 5,695.00 9,098.00 5,154.00
Operating Expenses 10,897.00 12,590.00 11,691.00 12,835.00 10,987.00
   Selling, General and Administrative Expenses 8,811.00 10,382.00 9,236.00 10,971.00 9,271.00
   Research and Development Expenses 2,086.00 2,208.00 2,455.00 1,864.00 1,716.00
Operating Income -4,925.00 -5,768.00 -5,996.00 -3,737.00 -5,833.00
EBT -4,911.00 -5,507.00 -6,937.00 -1,952.00 -6,337.00
Income Tax 103.00 93.00 137.00 -11.00 62.00
Net Income Including Non-Controlling Interests -5,014.00 -5,600.00 -7,074.00 -1,941.00 -6,399.00
Net Income -5,014.00 -5,600.00 -7,074.00 -1,941.00 -6,399.00
EBIT -4,925.00 -5,768.00 -5,996.00 -1,696.00 -5,833.00
EBITDA -4,925.00 -5,768.00 -5,996.00 -1,696.00 -5,833.00
EPS -0.00 -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 37,438.63 37,420.32 37,392.09 37,371.99 37,233.41
Average Shares Outstanding Diluted 37,438.63 37,420.32 37,392.09 37,371.99 37,233.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow -3,279.00 -4,118.00 -5,076.00 1,211.00 -4,859.00
   Operating Net Income -5,015.00 -5,600.00 -7,074.00 -1,941.00 -6,399.00
   Deprecation and Amortization 0 0 0 0 0
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -88.00 -111.00 824.00 299.00 -69.00
   Other Operating Activities 1,824.00 1,593.00 1,174.00 2,853.00 1,609.00
Investing Cash Flow -908.00 -1,430.00 -1,239.00 -1,287.00 -979.00
   Capital Expenditure -908.00 -1,430.00 -1,239.00 277.00 -979.00
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0
Financing Cash Flow -1,449.00 95.00 -1,191.00 5,454.00 614.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,449.00 95.00 -1,191.00 5,454.00 614.00
Net Change in Cash 0 0 0 0 0
   Cash at Beginning of Period 0 0 0 0 0
   Cash at End of Period 0 0 0 0 0
Free Cash Flow -4,187.00 -5,548.00 -6,315.00 -57.00 -5,838.00