Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 23.98 22.91 39.52 34.13
Price to Sales 1.75 1.68 1.41 1.74
Book Value Per Common Share 40.45 40.38 40.87 41.77
Price to Book 1.97 1.77 1.56 1.63
Price to Operating Cash Flow 2.68 3.33 3.16 26.30
Price to Free Cash Flow
Enterprise Value to EBITDA 21856.00 21285.90 25333.88 29491.22
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 8.15 11.17 15.80 35.55 64.69 -2357.67 29.57 40.14 87.15 108.81 74.40 318.64 89.47 38.04 86.18
Price to Sales 1.51 2.38 5.95 2.47 3.29 6.68 1.92 3.35 6.82 1.63 3.02 6.73 1.82 3.49 7.50
Book Value Per Common Share 163.41 159.77 162.10 40.45 40.46 39.95 39.43 40.38 40.85 41.21 40.89 40.87 40.31 41.36 41.30 41.77 39.07 40.59 40.38
Price to Book 0.34 0.32 0.36 1.97 2.15 1.80 1.79 1.77 1.55 1.69 1.73 1.56 1.40 1.53 1.70 1.63 1.42 1.42 1.45
Price to Operating Cash Flow 2.45 4.56 9.15 4.27 9.53 12.79 4.59 16.90 -245.79 5.05 9.43 16.50 -29.69 -8.25 185.09
Price to Free Cash Flow
Enterprise Value to EBITDA 14857.25 20945.48 37589.18 35457.78 47856.88 183171.53 28638.73 45162.71 95946.01 36982.42 56725.98 139171.36 37991.52 49346.39 109230.98

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 6.73 93.79 -19.50 1.01
Revenue YoY 7.72 -5.12 15.53 9.77
EBITDA YoY 9.01 34.34 9.04 34.28
Net Profit YoY 9.84 74.03 2.17 2.35
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 46.75 23.86 120.72 23.70 113.58 -38.82 286.36 -59.21 123.53
Revenue YoY 68.83 119.21 61.81 106.33 59.29 99.95 65.55 101.01 84.45 111.99
EBITDA YoY 51.03 57.19 64.12 289.97 43.83 109.34 37.41 121.63 24.67 118.57
Net Profit YoY 46.17 29.73 102.38 804.62 30.25 113.51 -17.82 205.44 -43.36 121.28

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.71 1.46 4.42 1.90 0.39
Quick Ratio 0.36 0.34 0.30 0.29 0.16
Current Ratio 0.84 0.78 0.68 0.64 0.49
Debt to Equity 2.14 2.05 1.98 1.93 1.96
Long-Term Debt to Equity 1.85 1.75 1.62 1.63 1.57
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 2.68 0.93 9.69 0.71 0.75 1.38 4.78 1.46 1.99 0.69 3.98 4.41 0.85 0.49 0.92 1.90 2.65 0.36 1.09 0.38
Quick Ratio 0.42 0.38 0.62 0.36 0.52 0.42 0.48 0.34 0.42 0.30 0.38 0.30 0.37 0.33 0.29 0.29 0.38 0.30 0.21 0.16
Current Ratio 0.82 0.87 0.99 0.84 0.92 1.06 1.04 0.78 0.81 0.85 0.91 0.68 0.63 0.67 0.67 0.64 0.71 0.65 0.55 0.49
Debt to Equity 3.29 3.30 3.24 2.14 3.28 3.32 3.31 2.05 3.17 3.12 3.11 1.98 3.12 2.95 3.00 1.93 3.04 2.82 2.83 1.96
Long-Term Debt to Equity 2.84 2.92 2.88 1.85 2.87 2.92 2.93 1.75 2.72 2.67 2.70 1.62 2.57 2.50 2.59 1.63 2.57 2.41 2.32 1.57

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.84 0.80 0.48 0.49 0.52
ROE 2.63 2.43 1.43 1.44 1.53
Gross Margin
Operating Margin 46.55 45.70 25.21 28.43 21.37
EBITDA Margin 79.89 78.94 55.75 59.07 48.29
Net Profit Margin 9.20 9.02 4.92 5.56 5.97
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 1.68 1.17 0.91 0.70 0.35 0.04 0.64 0.50 0.24 0.24 0.30 0.10 0.25 0.46 0.21
ROE 7.20 5.03 3.84 3.01 1.50 0.17 2.68 2.05 0.96 0.99 1.18 0.39 1.03 1.76 0.81
Gross Margin
Operating Margin 67.11 76.00 119.39 37.83 34.35 19.10 35.01 39.90 36.99 14.36 22.89 16.96 18.46 36.24 32.23
EBITDA Margin 101.55 113.51 158.30 69.86 68.87 36.44 67.12 74.34 71.00 44.26 53.32 48.36 47.94 70.92 68.78
Net Profit Margin 21.53 24.86 42.01 8.74 6.99 1.59 8.15 9.96 9.33 2.79 5.63 3.70 3.21 10.44 10.00

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 192,991,000.00 184,467,000.00 176,909,000.00 169,427,000.00 157,156,000.00
   Current Assets 14,789,000.00 13,886,000.00 14,451,000.00 11,293,000.00 10,124,000.00
      Cash and Short-Term Investments 275,000.00 560,000.00 1,684,000.00 721,000.00 145,000.00
            Cash and Cash Equivalents 275,000.00 560,000.00 1,684,000.00 721,000.00 145,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 6,022,000.00 5,480,000.00 4,649,000.00 4,379,000.00 3,298,000.00
      Inventory 538,000.00 527,000.00 474,000.00 420,000.00 405,000.00
      Other Current Assets 7,954,000.00 7,319,000.00 7,644,000.00 5,773,000.00 6,276,000.00
   Non-Current Assets 178,202,000.00 170,581,000.00 162,458,000.00 158,134,000.00 147,032,000.00
      Property, Plant, Equipment Net 120,854,000.00 114,597,000.00 109,841,000.00 105,250,000.00 97,845,000.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 219,000.00 92,000.00 95,000.00 329,000.00 90,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 57,129,000.00 55,892,000.00 52,522,000.00 52,555,000.00 49,097,000.00
Liabilities 131,433,000.00 123,893,000.00 117,537,000.00 111,659,000.00 104,059,000.00
   Current Liabilities 17,613,000.00 17,737,000.00 21,237,000.00 17,762,000.00 20,873,000.00
      Payables and Expenses 4,885,000.00 3,949,000.00 4,710,000.00 4,001,000.00 3,963,000.00
            Account Payables 4,078,000.00 3,949,000.00 4,710,000.00 4,001,000.00 3,963,000.00
            Current Accrued Liabilities 807,000.00 0 0 0 0
      Short-Term Debt 7,190,000.00 8,333,000.00 10,698,000.00 8,740,000.00 7,282,000.00
      Other Current Liabilities 5,538,000.00 5,455,000.00 5,829,000.00 5,021,000.00 9,628,000.00
   Non-Current Liabilities 113,820,000.00 106,156,000.00 96,300,000.00 93,897,000.00 83,186,000.00
      Long-Term Debt 76,379,000.00 69,878,000.00 60,513,000.00 54,099,000.00 44,141,000.00
      Other Non-Current Liabilities 37,441,000.00 36,278,000.00 35,787,000.00 39,798,000.00 39,045,000.00
Equity 61,558,000.00 60,574,000.00 59,372,000.00 57,768,000.00 53,097,000.00
   Shareholders Equity 15,565,000.00 15,501,000.00 15,621,000.00 15,888,000.00 0
      Capital Stock 8,305,000.00 9,158,020.00 7,813,010.00 7,812,010.00 1,945,000.00
      Share Premium 8,950,000.00 8,446,000.00 8,441,000.00 7,033,000.00 0
      Retained Earnings 15,989,000.00 15,806,000.00 15,697,000.00 16,615,000.00 17,346,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -9,000.00 -21,000.00 -19,000.00 -86,000.00 -110,000.00
   Minority Interest 0 0 0 0 0
Investments 219,000.00 92,000.00 95,000.00 329,000.00 90,000.00
Debt 83,569,000.00 78,211,000.00 71,211,000.00 62,839,000.00 51,423,000.00
Net Debt 83,294,000.00 77,651,000.00 69,527,000.00 62,118,000.00 51,278,000.00
Common Shares Outstanding 384,784.72 383,924.91 382,208.50 380,378.15 378,907.15
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 17,599,000.00 16,338,000.00 17,220,000.00 14,905,000.00 13,578,000.00
   Selling, General and Administrative Expenses 57,000.00 46,000.00 42,000.00 39,000.00 29,000.00
Operating Income 5,587,000.00 4,970,000.00 2,790,000.00 2,811,000.00 2,207,000.00
Net Non-Operating Income -839,000.00 -473,000.00 -622,000.00 -290,000.00 -976,000.00
Interest Expense 3,444,000.00 2,970,000.00 2,174,000.00 1,716,000.00 1,670,000.00
EBT 4,748,000.00 4,497,000.00 2,168,000.00 2,521,000.00 1,231,000.00
Income Tax 37,000.00 209,000.00 327,000.00 158,000.00 658,000.00
Net Income Including Non-Controlling Interests 9,422,000.00 8,576,000.00 4,990,000.00 5,358,000.00 1,813,000.00
Net Income Non-Controlling Interests -7,803,000.00 -7,102,000.00 -4,143,000.00 -4,529,000.00 -1,003,000.00
Net Income 1,619,000.00 1,474,000.00 847,000.00 829,000.00 810,000.00
EBIT 8,192,000.00 7,467,000.00 4,342,000.00 4,237,000.00 2,901,000.00
Deprecation and Amortization 5,868,000.00 5,431,000.00 5,259,000.00 4,568,000.00 3,656,000.00
EBITDA 14,060,000.00 12,898,000.00 9,601,000.00 8,805,000.00 6,557,000.00
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 386,000.00 383,000.00 381,000.00 380,000.00 373,000.00
Average Shares Outstanding Diluted 388,000.00 385,000.00 383,000.00 380,000.00 374,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 11,494,000.00 8,230,000.00 7,668,000.00 986,000.00 3,861,000.00
   Operating Net Income 9,422,000.00 8,576,000.00 4,990,000.00 5,358,000.00 1,813,000.00
   Deprecation and Amortization 5,868,000.00 5,431,000.00 5,259,000.00 4,568,000.00 3,656,000.00
   Deferred Income Tax 78,000.00 287,000.00 -288,000.00 105,000.00 -559,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -1,912,000.00 -1,230,000.00 1,927,000.00 2,230,000.00 4,414,000.00
   Other Operating Activities -1,962,000.00 -4,834,000.00 -4,220,000.00 -11,275,000.00 -5,463,000.00
Investing Cash Flow -11,581,000.00 -10,475,000.00 -12,554,000.00 -11,942,000.00 -11,511,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 11,410,000.00 10,894,000.00 11,554,000.00 11,008,000.00 10,964,000.00
   Net Purchase/Sale of Investments Net -102,000.00 -35,000.00 -177,000.00 -193,000.00 -57,000.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -22,889,000.00 -21,334,000.00 -23,931,000.00 -22,757,000.00 -22,418,000.00
Financing Cash Flow 409,000.00 1,489,000.00 5,847,000.00 11,534,000.00 7,689,000.00
   Net Issuance/Repayment of Debt 17,339,000.00 24,424,000.00 18,570,000.00 22,207,000.00 17,195,000.00
   Net Issuance/Repurchase of Equity 2,702,000.00 1,702,000.00 1,426,000.00 5,651,000.00 3,872,000.00
   Dividends Paid 4,348,000.00 4,074,000.00 3,818,000.00 3,233,000.00 3,424,000.00
   Other Financing Activities -23,980,000.00 -28,711,000.00 -17,967,000.00 -19,557,000.00 -16,802,000.00
Net Change in Cash 322,000.00 -756,000.00 961,000.00 578,000.00 51,000.00
   Cash at Beginning of Period 362,000.00 1,288,000.00 -44,000.00 -184,000.00 38,000.00
   Cash at End of Period 684,000.00 532,000.00 917,000.00 394,000.00 89,000.00
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 180,806,000.00 177,457,000.00 176,507,000.00 192,991,000.00 169,272,000.00 169,117,000.00 166,933,000.00 184,467,000.00 160,069,000.00 158,844,000.00 157,457,000.00 176,909,000.00 153,269,000.00 149,959,000.00 149,253,000.00 169,427,000.00 145,928,000.00 142,200,000.00 140,650,000.00 157,156,000.00
   Current Assets 15,383,000.00 13,829,000.00 14,620,000.00 14,789,000.00 14,763,000.00 16,606,000.00 15,589,000.00 13,886,000.00 14,303,000.00 14,668,000.00 14,262,000.00 14,451,000.00 12,788,000.00 11,231,000.00 10,418,000.00 11,293,000.00 12,003,000.00 9,792,000.00 10,342,000.00 10,124,000.00
      Cash and Short-Term Investments 1,033,000.00 357,000.00 3,730,000.00 275,000.00 291,000.00 533,000.00 1,842,000.00 560,000.00 763,000.00 263,000.00 1,526,000.00 1,684,000.00 322,000.00 188,000.00 350,000.00 721,000.00 1,008,000.00 135,000.00 414,000.00 145,000.00
            Cash and Cash Equivalents 1,033,000.00 357,000.00 3,730,000.00 275,000.00 291,000.00 533,000.00 1,842,000.00 560,000.00 763,000.00 263,000.00 1,526,000.00 1,684,000.00 322,000.00 188,000.00 350,000.00 721,000.00 1,008,000.00 135,000.00 414,000.00 145,000.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 6,880,000.00 5,653,000.00 5,333,000.00 6,022,000.00 7,954,000.00 6,043,000.00 5,320,000.00 5,480,000.00 6,556,000.00 4,923,000.00 4,410,000.00 4,649,000.00 7,101,000.00 5,277,000.00 4,103,000.00 4,379,000.00 5,462,000.00 4,345,000.00 3,528,000.00 3,298,000.00
      Inventory 524,000.00 523,000.00 539,000.00 538,000.00 533,000.00 534,000.00 519,000.00 527,000.00 505,000.00 511,000.00 500,000.00 474,000.00 439,000.00 438,000.00 434,000.00 420,000.00 412,000.00 406,000.00 416,000.00 405,000.00
      Other Current Assets 6,946,000.00 7,296,000.00 5,018,000.00 7,954,000.00 5,985,000.00 9,496,000.00 7,908,000.00 7,319,000.00 6,479,000.00 8,971,000.00 7,826,000.00 7,644,000.00 4,926,000.00 5,328,000.00 5,531,000.00 5,773,000.00 5,121,000.00 4,906,000.00 5,984,000.00 6,276,000.00
   Non-Current Assets 165,423,000.00 163,628,000.00 161,887,000.00 178,202,000.00 154,509,000.00 152,511,000.00 151,344,000.00 170,581,000.00 145,766,000.00 144,176,000.00 143,195,000.00 162,458,000.00 140,481,000.00 138,728,000.00 138,835,000.00 158,134,000.00 133,925,000.00 132,408,000.00 130,308,000.00 147,032,000.00
      Property, Plant, Equipment Net 125,921,000.00 124,296,000.00 122,633,000.00 120,854,000.00 118,942,000.00 117,087,000.00 115,775,000.00 114,597,000.00 112,677,000.00 111,100,000.00 111,017,000.00 109,841,000.00 108,247,000.00 106,880,000.00 105,685,000.00 105,250,000.00 102,559,000.00 100,059,000.00 98,696,000.00 97,845,000.00
      Goodwill 0 0 0 0 0 0 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 0 0 0 0 0 0
      Long-Term Investments 9,312,000.00 9,002,000.00 8,840,000.00 219,000.00 9,012,000.00 8,834,000.00 8,792,000.00 92,000.00 146,000.00 128,000.00 111,000.00 95,000.00 173,000.00 147,000.00 225,000.00 329,000.00 287,000.00 129,000.00 103,000.00 90,000.00
      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 30,190,000.00 30,330,000.00 30,414,000.00 57,129,000.00 26,555,000.00 26,590,000.00 26,777,000.00 55,892,000.00 32,943,000.00 32,948,000.00 32,067,000.00 52,522,000.00 32,061,000.00 31,701,000.00 32,925,000.00 52,555,000.00 31,079,000.00 32,220,000.00 31,509,000.00 49,097,000.00
Liabilities 138,615,000.00 136,201,000.00 134,835,000.00 131,433,000.00 129,691,000.00 129,987,000.00 128,221,000.00 123,893,000.00 121,723,000.00 120,269,000.00 119,101,000.00 117,537,000.00 116,040,000.00 111,947,000.00 111,969,000.00 111,659,000.00 109,818,000.00 105,000,000.00 103,905,000.00 104,059,000.00
   Current Liabilities 18,672,000.00 15,808,000.00 14,728,000.00 17,613,000.00 16,001,000.00 15,612,000.00 14,972,000.00 17,737,000.00 17,597,000.00 17,242,000.00 15,679,000.00 21,237,000.00 20,292,000.00 16,810,000.00 15,573,000.00 17,762,000.00 16,981,000.00 15,169,000.00 18,670,000.00 20,873,000.00
      Payables and Expenses 5,497,000.00 4,925,000.00 5,227,000.00 4,885,000.00 5,195,000.00 4,632,000.00 4,604,000.00 3,949,000.00 4,213,000.00 3,570,000.00 3,585,000.00 4,710,000.00 4,697,000.00 4,158,000.00 3,947,000.00 4,001,000.00 4,085,000.00 3,596,000.00 3,205,000.00 3,963,000.00
            Account Payables 4,696,000.00 3,932,000.00 4,320,000.00 4,078,000.00 4,376,000.00 3,781,000.00 3,803,000.00 3,949,000.00 4,213,000.00 3,570,000.00 3,585,000.00 4,710,000.00 4,697,000.00 4,158,000.00 3,947,000.00 4,001,000.00 4,085,000.00 3,596,000.00 3,205,000.00 3,963,000.00
            Current Accrued Liabilities 801,000.00 993,000.00 907,000.00 807,000.00 819,000.00 851,000.00 801,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 7,183,000.00 6,440,000.00 5,501,000.00 7,190,000.00 5,207,000.00 5,803,000.00 5,263,000.00 8,333,000.00 7,909,000.00 8,402,000.00 7,567,000.00 10,698,000.00 10,156,000.00 7,862,000.00 6,439,000.00 8,740,000.00 7,541,000.00 6,893,000.00 7,293,000.00 7,282,000.00
      Other Current Liabilities 5,992,000.00 4,443,000.00 4,000,000.00 5,538,000.00 5,599,000.00 5,177,000.00 5,105,000.00 5,455,000.00 5,475,000.00 5,270,000.00 4,527,000.00 5,829,000.00 5,439,000.00 4,790,000.00 5,187,000.00 5,021,000.00 5,355,000.00 4,680,000.00 8,172,000.00 9,628,000.00
   Non-Current Liabilities 119,943,000.00 120,393,000.00 120,107,000.00 113,820,000.00 113,690,000.00 114,375,000.00 113,249,000.00 106,156,000.00 104,126,000.00 103,027,000.00 103,422,000.00 96,300,000.00 95,748,000.00 95,137,000.00 96,396,000.00 93,897,000.00 92,837,000.00 89,831,000.00 85,235,000.00 83,186,000.00
      Long-Term Debt 69,149,000.00 70,086,000.00 70,989,000.00 76,379,000.00 65,975,000.00 67,208,000.00 66,331,000.00 69,878,000.00 60,514,000.00 59,691,000.00 58,869,000.00 60,513,000.00 51,471,000.00 52,175,000.00 52,074,000.00 54,099,000.00 46,934,000.00 44,942,000.00 39,555,000.00 44,141,000.00
      Other Non-Current Liabilities 50,794,000.00 50,307,000.00 49,118,000.00 37,441,000.00 47,715,000.00 47,167,000.00 46,918,000.00 36,278,000.00 43,612,000.00 43,336,000.00 44,553,000.00 35,787,000.00 44,277,000.00 42,962,000.00 44,322,000.00 39,798,000.00 45,903,000.00 44,889,000.00 45,680,000.00 39,045,000.00
Equity 42,191,000.00 41,256,000.00 41,672,000.00 61,558,000.00 39,581,000.00 39,130,000.00 38,712,000.00 60,574,000.00 38,346,000.00 38,575,000.00 38,356,000.00 59,372,000.00 37,229,000.00 38,012,000.00 37,284,000.00 57,768,000.00 36,110,000.00 37,200,000.00 36,745,000.00 53,097,000.00
   Shareholders Equity 62,877,000.00 61,476,000.00 62,372,000.00 15,565,000.00 15,663,000.00 15,424,000.00 15,172,000.00 15,501,000.00 15,670,000.00 15,793,000.00 15,648,000.00 15,621,000.00 15,392,000.00 15,774,000.00 15,731,000.00 15,888,000.00 14,841,000.00 15,412,000.00 15,322,000.00 0
      Capital Stock 3,865,000.00 3,865,000.00 3,865,000.00 8,305,000.00 8,803,020.00 9,153,010.00 6,317,010.00 9,158,020.00 6,091,010.00 6,091,010.00 6,091,010.00 7,813,010.00 6,090,010.00 6,090,010.00 6,090,010.00 7,812,010.00 5,348,010.00 5,348,010.00 5,350,010.00 1,945,000.00
      Share Premium 0 0 8,936,000.00 8,950,000.00 8,436,000.00 8,435,000.00 8,433,000.00 8,446,000.00 8,447,000.00 8,442,000.00 8,438,000.00 8,441,000.00 7,735,000.00 7,732,000.00 7,028,000.00 7,033,000.00 6,704,000.00 6,616,000.00 6,286,000.00 0
      Retained Earnings 18,697,000.00 17,781,000.00 18,222,000.00 15,989,000.00 15,871,000.00 15,501,000.00 15,178,000.00 15,806,000.00 15,622,000.00 15,887,000.00 15,720,000.00 15,697,000.00 15,410,000.00 16,236,000.00 16,258,000.00 16,615,000.00 16,223,000.00 17,425,000.00 17,325,000.00 17,346,000.00
      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 -6,000.00 -6,000.00 -9,000.00 -9,000.00 -16,000.00 -19,000.00 -20,000.00 -21,000.00 -8,000.00 -8,000.00 -17,000.00 -19,000.00 -74,000.00 -76,000.00 -83,000.00 -86,000.00 -99,000.00 -103,000.00 -106,000.00 -110,000.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 9,312,000.00 9,002,000.00 8,840,000.00 219,000.00 9,012,000.00 8,834,000.00 8,792,000.00 92,000.00 146,000.00 128,000.00 111,000.00 95,000.00 173,000.00 147,000.00 225,000.00 329,000.00 287,000.00 129,000.00 103,000.00 90,000.00
Debt 76,332,000.00 76,526,000.00 76,490,000.00 83,569,000.00 71,182,000.00 73,011,000.00 71,594,000.00 78,211,000.00 68,423,000.00 68,093,000.00 66,436,000.00 71,211,000.00 61,627,000.00 60,037,000.00 58,513,000.00 62,839,000.00 54,475,000.00 51,835,000.00 46,848,000.00 51,423,000.00
Net Debt 75,299,000.00 76,169,000.00 72,760,000.00 83,294,000.00 70,891,000.00 72,478,000.00 69,752,000.00 77,651,000.00 67,660,000.00 67,830,000.00 64,910,000.00 69,527,000.00 61,305,000.00 59,849,000.00 58,163,000.00 62,118,000.00 53,467,000.00 51,700,000.00 46,434,000.00 51,278,000.00
Common Shares Outstanding 384,787.06 384,786.40 384,763.66 384,784.72 387,148.99 386,099.65 384,735.11 383,924.91 383,567.86 383,248.84 382,659.08 382,208.50 381,873.34 381,397.46 380,901.11 380,378.15 379,887.29 379,695.13 379,433.17 378,907.15
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,250.00 1,250.00 1,250.00 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 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 14,104,000.00 8,354,000.00 3,811,000.00 -8,508,000.00 13,615,000.00 8,414,000.00 4,078,000.00 -8,190,000.00 12,632,000.00 7,930,000.00 3,966,000.00 -7,928,000.00 13,204,000.00 7,976,000.00 3,968,000.00 -5,904,000.00 11,574,000.00 6,275,000.00 2,960,000.00
   Selling, General and Administrative Expenses 0 0 0 -1,818,000.00 951,000.00 616,000.00 308,000.00 46,000.00 0 0 0 42,000.00 0 0 0 39,000.00 0 0 0
Operating Income 8,779,000.00 5,901,000.00 4,332,000.00 -1,571,000.00 4,330,000.00 2,322,000.00 506,000.00 -2,599,000.00 3,671,000.00 2,670,000.00 1,228,000.00 -764,000.00 1,467,000.00 1,553,000.00 534,000.00 -1,741,000.00 1,752,000.00 1,990,000.00 810,000.00
Net Non-Operating Income -1,651,000.00 -998,000.00 -303,000.00 2,609,000.00 -1,765,000.00 -1,138,000.00 -545,000.00 2,267,000.00 -1,431,000.00 -887,000.00 -422,000.00 1,485,000.00 -1,096,000.00 -691,000.00 -320,000.00 1,417,000.00 -903,000.00 -547,000.00 -257,000.00
Interest Expense 2,337,000.00 1,446,000.00 521,000.00 -1,666,000.00 2,586,000.00 1,706,000.00 818,000.00 -1,255,000.00 2,183,000.00 1,381,000.00 661,000.00 -774,000.00 1,525,000.00 964,000.00 459,000.00 -803,000.00 1,287,000.00 831,000.00 401,000.00
EBT 7,128,000.00 4,903,000.00 4,029,000.00 1,038,000.00 2,565,000.00 1,184,000.00 -39,000.00 -332,000.00 2,240,000.00 1,783,000.00 806,000.00 721,000.00 371,000.00 862,000.00 214,000.00 -324,000.00 849,000.00 1,443,000.00 553,000.00
Income Tax 1,314,000.00 936,000.00 936,000.00 -323,000.00 108,000.00 55,000.00 197,000.00 -131,000.00 137,000.00 161,000.00 42,000.00 -264,000.00 430,000.00 66,000.00 95,000.00 -30,000.00 44,000.00 84,000.00 60,000.00
Net Income Including Non-Controlling Interests 5,814,000.00 3,967,000.00 3,093,000.00 5,399,000.00 2,457,000.00 1,239,000.00 327,000.00 4,087,000.00 2,103,000.00 1,622,000.00 764,000.00 2,952,000.00 801,000.00 928,000.00 309,000.00 2,581,000.00 805,000.00 1,359,000.00 613,000.00
Net Income Non-Controlling Interests -2,778,000.00 -1,890,000.00 -1,492,000.00 -5,623,000.00 -1,267,000.00 -651,000.00 -262,000.00 -4,802,000.00 -1,074,000.00 -832,000.00 -394,000.00 -3,070,000.00 -432,000.00 -479,000.00 -162,000.00 -3,074,000.00 -434,000.00 -704,000.00 -317,000.00
Net Income 3,036,000.00 2,077,000.00 1,601,000.00 -224,000.00 1,190,000.00 588,000.00 65,000.00 -715,000.00 1,029,000.00 790,000.00 370,000.00 -118,000.00 369,000.00 449,000.00 147,000.00 -493,000.00 371,000.00 655,000.00 296,000.00
EBIT 9,465,000.00 6,349,000.00 4,550,000.00 -628,000.00 5,151,000.00 2,890,000.00 779,000.00 -1,587,000.00 4,423,000.00 3,164,000.00 1,467,000.00 -53,000.00 1,896,000.00 1,826,000.00 673,000.00 -1,127,000.00 2,136,000.00 2,274,000.00 954,000.00
Deprecation and Amortization 4,857,000.00 3,134,000.00 1,483,000.00 -2,104,000.00 4,360,000.00 2,905,000.00 707,000.00 -2,705,000.00 4,056,000.00 2,731,000.00 1,349,000.00 -2,362,000.00 3,948,000.00 2,427,000.00 1,246,000.00 -2,102,000.00 3,412,000.00 2,176,000.00 1,082,000.00
EBITDA 14,322,000.00 9,483,000.00 6,033,000.00 -2,732,000.00 9,511,000.00 5,795,000.00 1,486,000.00 -4,292,000.00 8,479,000.00 5,895,000.00 2,816,000.00 -2,415,000.00 5,844,000.00 4,253,000.00 1,919,000.00 -3,229,000.00 5,548,000.00 4,450,000.00 2,036,000.00
EPS 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 -0.00 0.00 0.00 0.00
Diluted EPS 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 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 385,000.00 385,000.00 385,000.00 388,000.00 386,000.00 385,000.00 385,000.00 383,000.00 383,000.00 383,000.00 383,000.00 381,000.00 381,000.00 381,000.00 381,000.00 382,000.00 380,000.00 379,000.00 379,000.00
Average Shares Outstanding Diluted 386,000.00 386,000.00 386,000.00 392,000.00 388,000.00 387,000.00 385,000.00 386,000.00 385,000.00 385,000.00 384,000.00 386,000.00 382,000.00 382,000.00 382,000.00 380,000.00 380,000.00 380,000.00 380,000.00
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 8,683,000.00 4,357,000.00 2,478,000.00 -1,418,000.00 7,881,000.00 2,902,000.00 2,129,000.00 1,487,000.00 5,279,000.00 1,574,000.00 -110,000.00 -776,000.00 4,270,000.00 2,555,000.00 1,619,000.00 4,233,000.00 -710,000.00 -2,657,000.00 120,000.00
   Operating Net Income 5,814,000.00 3,967,000.00 3,093,000.00 5,399,000.00 2,457,000.00 1,239,000.00 327,000.00 4,087,000.00 2,103,000.00 1,622,000.00 764,000.00 2,952,000.00 801,000.00 928,000.00 309,000.00 2,581,000.00 805,000.00 1,359,000.00 613,000.00
   Deprecation and Amortization 4,857,000.00 3,134,000.00 1,483,000.00 -2,104,000.00 4,360,000.00 2,905,000.00 707,000.00 -2,705,000.00 4,056,000.00 2,731,000.00 1,349,000.00 -2,362,000.00 3,948,000.00 2,427,000.00 1,246,000.00 -2,102,000.00 3,412,000.00 2,176,000.00 1,082,000.00
   Deferred Income Tax 1,266,000.00 889,000.00 881,000.00 370,000.00 -38,000.00 -55,000.00 -199,000.00 -59,000.00 147,000.00 159,000.00 40,000.00 308,000.00 -434,000.00 -67,000.00 -95,000.00 48,000.00 38,000.00 81,000.00 -62,000.00
   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 4,327,000.00 3,137,000.00 2,861,000.00 -3,220,000.00 98,000.00 1,225,000.00 -15,000.00 669,000.00 -674,000.00 112,000.00 -1,337,000.00 4,839,000.00 -1,106,000.00 -842,000.00 -964,000.00 -304,000.00 1,519,000.00 1,562,000.00 -547,000.00
   Other Operating Activities -7,581,000.00 -6,770,000.00 -5,840,000.00 -1,863,000.00 1,004,000.00 -2,412,000.00 1,309,000.00 -505,000.00 -353,000.00 -3,050,000.00 -926,000.00 -6,513,000.00 1,061,000.00 109,000.00 1,123,000.00 4,010,000.00 -6,484,000.00 -7,835,000.00 -966,000.00
Investing Cash Flow -8,981,000.00 -6,001,000.00 -2,747,000.00 3,222,000.00 -8,190,000.00 -5,337,000.00 -1,276,000.00 -2,626,000.00 -3,894,000.00 -2,650,000.00 -1,305,000.00 3,225,000.00 -8,209,000.00 -5,254,000.00 -2,316,000.00 -2,183,000.00 -3,654,000.00 -4,823,000.00 -1,282,000.00
   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 9,245,000.00 6,238,000.00 2,815,000.00 -4,964,000.00 8,419,000.00 5,398,000.00 2,557,000.00 -3,832,000.00 7,981,000.00 5,421,000.00 1,324,000.00 -772,000.00 8,411,000.00 2,708,000.00 1,207,000.00 -4,785,000.00 7,894,000.00 5,184,000.00 2,715,000.00
   Net Purchase/Sale of Investments Net -56,000.00 -37,000.00 0 7,000.00 -89,000.00 -17,000.00 -3,000.00 -29,000.00 -5,000.00 -1,000.00 0 -95,000.00 -20,000.00 -32,000.00 -30,000.00 139,000.00 -178,000.00 -107,000.00 -47,000.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -18,170,000.00 -12,202,000.00 -5,562,000.00 8,179,000.00 -16,520,000.00 -10,718,000.00 -3,830,000.00 1,235,000.00 -11,870,000.00 -8,070,000.00 -2,629,000.00 4,092,000.00 -16,600,000.00 -7,930,000.00 -3,493,000.00 2,463,000.00 -11,370,000.00 -9,900,000.00 -3,950,000.00
Financing Cash Flow 780,000.00 1,888,000.00 2,610,000.00 -4,765,000.00 552,000.00 2,700,000.00 1,922,000.00 -4,978,000.00 1,593,000.00 2,309,000.00 2,565,000.00 -333,000.00 3,589,000.00 2,215,000.00 376,000.00 -7,535,000.00 8,883,000.00 7,471,000.00 2,715,000.00
   Net Issuance/Repayment of Debt 9,896,000.00 5,726,000.00 3,533,000.00 -14,563,000.00 12,643,000.00 12,618,000.00 6,641,000.00 -10,507,000.00 16,047,000.00 13,624,000.00 5,260,000.00 -5,307,000.00 11,065,000.00 8,232,000.00 4,580,000.00 -15,272,000.00 17,418,000.00 15,602,000.00 4,459,000.00
   Net Issuance/Repurchase of Equity 32,000.00 29,000.00 29,000.00 -189,000.00 1,430,000.00 1,430,000.00 31,000.00 1,663,000.00 16,000.00 13,000.00 10,000.00 6,000.00 710,000.00 706,000.00 4,000.00 -1,557,000.00 2,571,000.00 2,485,000.00 2,152,000.00
   Dividends Paid 2,534,000.00 1,675,000.00 861,000.00 63,000.00 1,964,000.00 1,536,000.00 785,000.00 -248,000.00 2,162,000.00 1,423,000.00 737,000.00 -240,000.00 2,027,000.00 1,334,000.00 697,000.00 -249,000.00 1,596,000.00 1,250,000.00 636,000.00
   Other Financing Activities -11,682,000.00 -5,542,000.00 -1,813,000.00 9,924,000.00 -15,485,000.00 -12,884,000.00 -5,535,000.00 4,114,000.00 -16,632,000.00 -12,751,000.00 -3,442,000.00 5,208,000.00 -10,213,000.00 -8,057,000.00 -4,905,000.00 9,543,000.00 -12,702,000.00 -11,866,000.00 -4,532,000.00
Net Change in Cash 482,000.00 244,000.00 2,341,000.00 -1,685,000.00 243,000.00 265,000.00 1,499,000.00 1,732,000.00 -916,000.00 -1,417,000.00 -155,000.00 2,116,000.00 -350,000.00 -484,000.00 -321,000.00 -549,000.00 865,000.00 -9,000.00 271,000.00
   Cash at Beginning of Period 415,000.00 535,000.00 -433,000.00 2,369,000.00 400,000.00 534,000.00 -212,000.00 -1,200,000.00 1,365,000.00 1,615,000.00 993,000.00 -1,199,000.00 583,000.00 607,000.00 555,000.00 943,000.00 -340,000.00 94,000.00 119,000.00
   Cash at End of Period 897,000.00 779,000.00 1,908,000.00 684,000.00 643,000.00 799,000.00 1,287,000.00 532,000.00 449,000.00 198,000.00 838,000.00 917,000.00 233,000.00 123,000.00 234,000.00 394,000.00 525,000.00 85,000.00 390,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0