ELBM
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -0.90 | -0.25 | 4.37 | |
| Price to Sales | ||||
| Book Value Per Common Share | 4.34 | 5.97 | 14.38 | 12.91 |
| Price to Book | 0.43 | 0.24 | 0.46 | |
| Price to Operating Cash Flow | -1.55 | -0.69 | -3.42 | |
| Price to Free Cash Flow | -1.50 | -0.43 | -0.85 | |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -4.52 | -9.77 | -1.26 | -10.90 | |
| Price to Sales | |||||
| Book Value Per Common Share | 2.67 | 2.84 | 3.63 | 4.34 | 4.57 |
| Price to Book | 0.46 | 0.38 | 0.30 | 0.43 | 0.50 |
| Price to Operating Cash Flow | -9.87 | -4.21 | -92.31 | -4.49 | -11.14 |
| Price to Free Cash Flow | -8.32 | -3.90 | -31.49 | -4.32 | -10.92 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | |||||
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.26 | 0.75 | 1.03 | 8.70 |
| Quick Ratio | 0.07 | 0.16 | 0.21 | 13.03 |
| Current Ratio | 0.08 | 0.19 | 0.25 | 13.16 |
| Debt to Equity | 1.35 | 0.79 | 0.48 | 0.68 |
| Long-Term Debt to Equity | 0.24 | 0.11 | 0.05 | 0.63 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.17 | 0.16 | 0.22 | 0.25 | 0.24 |
| Quick Ratio | 0.04 | 0.04 | 0.05 | 0.07 | 0.06 |
| Current Ratio | 0.05 | 0.05 | 0.06 | 0.08 | 0.07 |
| Debt to Equity | 2.08 | 1.85 | 1.81 | 1.35 | 1.21 |
| Long-Term Debt to Equity | 0.25 | 0.29 | 0.29 | 0.24 | 0.23 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -19.44 | -43.49 | 6.69 | -20.83 |
| ROE | -45.78 | -77.63 | 9.92 | -34.93 |
| 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 |
|---|---|---|---|---|---|
| ROA | -3.20 | -1.38 | -8.37 | -5.72 | -2.03 |
| ROE | -9.86 | -3.92 | -23.57 | -13.47 | -4.49 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin |
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 | 151,447.00 | 148,692.00 | 187,524.00 | 167,611.00 |
| Current Assets | 5,711.00 | 10,592.00 | 13,518.00 | 61,935.00 |
| Cash and Short-Term Investments | 3,729.00 | 8,155.00 | 8,385.00 | 60,394.00 |
| Cash and Cash Equivalents | 3,717.00 | 7,560.00 | 7,952.00 | 58,626.00 |
| Short-Term Investments | 12.00 | 595.00 | 433.00 | 1,768.00 |
| Net Receivables | 1,310.00 | 1,081.00 | 3,079.00 | 957.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 672.00 | 1,356.00 | 2,054.00 | 584.00 |
| Non-Current Assets | 145,736.00 | 138,100.00 | 174,006.00 | 105,676.00 |
| Property, Plant, Equipment Net | 144,528.00 | 136,892.00 | 173,068.00 | 104,738.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,208.00 | 1,208.00 | 938.00 | 938.00 |
| Liabilities | 87,129.00 | 65,394.00 | 61,015.00 | 67,647.00 |
| Current Liabilities | 71,973.00 | 56,130.00 | 54,109.00 | 4,708.00 |
| Payables and Expenses | 6,378.00 | 14,558.00 | 20,164.00 | 4,708.00 |
| Account Payables | 3,579.00 | 8,828.00 | 18,461.00 | 3,544.00 |
| Current Accrued Liabilities | 2,799.00 | 5,730.00 | 1,689.00 | 1,164.00 |
| Short-Term Debt | 64,013.00 | 40,144.00 | 25,662.00 | 0 |
| Other Current Liabilities | 1,582.00 | 1,428.00 | 8,283.00 | 0 |
| Non-Current Liabilities | 15,156.00 | 9,264.00 | 6,906.00 | 62,939.00 |
| Long-Term Debt | 7,907.00 | 4,431.00 | 3,995.00 | 23,286.00 |
| Other Non-Current Liabilities | 7,249.00 | 4,833.00 | 2,911.00 | 39,653.00 |
| Equity | 64,318.00 | 83,298.00 | 126,509.00 | 99,964.00 |
| Shareholders Equity | 64,318.00 | 83,298.00 | 126,509.00 | 99,964.00 |
| Capital Stock | 307,723.00 | 304,721.00 | 288,871.00 | 276,215.00 |
| Share Premium | 0 | 0 | 0 | 0 |
| Retained Earnings | -274,892.00 | -245,445.00 | -180,779.00 | -193,330.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 31,487.00 | 24,022.00 | 18,417.00 | 17,079.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 71,920.00 | 44,575.00 | 29,657.00 | 23,286.00 |
| Net Debt | 68,070.00 | 36,840.00 | 21,487.00 | 0 |
| Common Shares Outstanding | 14,809.20 | 13,962.83 | 8,796.49 | 7,743.78 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Income | 0 | 0 | 328.00 | 0 |
| Interest Expense | 7,274.00 | 8,147.00 | 0 | 191.00 |
| Non-Interest Expense | 13,552.00 | 13,283.00 | 10,849.00 | 9,175.00 |
| Operating Expenses | 13,994.00 | 13,983.00 | 16,754.00 | 19,189.00 |
| Selling, General and Administrative Expenses | 13,552.00 | 13,283.00 | 10,849.00 | 9,175.00 |
| Research and Development Expenses | 0 | 0 | 2,349.00 | 4,442.00 |
| Other Operating Expenses | 442.00 | 700.00 | 3,556.00 | 5,572.00 |
| Operating Income | -13,994.00 | -13,983.00 | -16,754.00 | -19,189.00 |
| Net Non-Operating Income | 298.00 | 100.00 | 11.00 | 465.00 |
| EBT | -29,447.00 | -64,666.00 | 12,551.00 | -34,916.00 |
| Income Tax | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -29,447.00 | -64,666.00 | 12,551.00 | -34,916.00 |
| Net Income | -29,447.00 | -64,666.00 | 12,551.00 | -34,916.00 |
| EBIT | -22,173.00 | -56,519.00 | -16,754.00 | -34,725.00 |
| Deprecation and Amortization | 65.00 | 56.00 | 48.00 | 2.00 |
| EBITDA | -22,108.00 | -56,463.00 | -16,706.00 | -34,723.00 |
| EPS | -0.00 | -0.01 | 0.00 | -0.01 |
| Diluted EPS | -0.00 | -0.01 | -0.00 | -0.01 |
| Average Shares Outstanding Basic | 14,256.26 | 10,857.74 | 8,161.73 | 6,938.30 |
| Average Shares Outstanding Diluted | 14,256.26 | 10,857.74 | 10,190.85 | 6,938.30 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -17,012.00 | -23,046.00 | -15,845.00 | -16,876.00 |
| Operating Net Income | -29,447.00 | -64,666.00 | 12,551.00 | -34,916.00 |
| Deprecation and Amortization | 65.00 | 56.00 | 48.00 | 2.00 |
| Deferred Income Tax | 0 | 0 | 14.00 | 0 |
| Share Based Compensation | 1,768.00 | 1,226.00 | 1,282.00 | 731.00 |
| Change in Working Capital | -5,682.00 | -9,382.00 | -1,128.00 | 216.00 |
| Other Operating Activities | 16,284.00 | 49,720.00 | -28,612.00 | 17,091.00 |
| Investing Cash Flow | 1,263.00 | -14,047.00 | -43,553.00 | -8,076.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -555.00 | -13,705.00 | -47,622.00 | -1,597.00 |
| Net Purchase/Sale of Investments Net | 930.00 | 816.00 | 525.00 | 152.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 888.00 | -1,158.00 | 3,544.00 | -6,631.00 |
| Financing Cash Flow | 11,899.00 | 36,537.00 | 8,484.00 | 78,880.00 |
| Net Issuance/Repayment of Debt | 10,678.00 | 20,617.00 | 3,898.00 | 54,249.00 |
| Net Issuance/Repurchase of Equity | 1,221.00 | 19,960.00 | 6,822.00 | 18,266.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | -4,040.00 | -2,236.00 | 6,365.00 |
| Net Change in Cash | -3,850.00 | -556.00 | -50,914.00 | 53,928.00 |
| Cash at Beginning of Period | 7,560.00 | 7,952.00 | 58,626.00 | 4,174.00 |
| Cash at End of Period | 3,717.00 | 7,560.00 | 7,952.00 | 58,626.00 |
| Free Cash Flow | -17,567.00 | -36,751.00 | -63,467.00 | -18,973.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 148,082.00 | 145,600.00 | 151,432.00 | 151,447.00 | 144,715.00 |
| Current Assets | 4,692.00 | 4,274.00 | 5,291.00 | 5,711.00 | 4,629.00 |
| Cash and Short-Term Investments | 3,044.00 | 2,927.00 | 3,221.00 | 3,729.00 | 3,377.00 |
| Cash and Cash Equivalents | 3,044.00 | 2,927.00 | 3,217.00 | 3,717.00 | 3,264.00 |
| Short-Term Investments | 0 | 0 | 4.00 | 12.00 | 113.00 |
| Net Receivables | 412.00 | 453.00 | 830.00 | 1,310.00 | 294.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 1,236.00 | 894.00 | 1,240.00 | 672.00 | 958.00 |
| Non-Current Assets | 143,390.00 | 141,326.00 | 146,141.00 | 145,736.00 | 140,086.00 |
| Property, Plant, Equipment Net | 142,182.00 | 140,118.00 | 144,933.00 | 144,528.00 | 138,878.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,208.00 | 1,208.00 | 1,208.00 | 1,208.00 | 1,208.00 |
| Liabilities | 100,047.00 | 94,501.00 | 97,629.00 | 87,129.00 | 79,227.00 |
| Current Liabilities | 88,098.00 | 79,592.00 | 81,984.00 | 71,973.00 | 64,037.00 |
| Payables and Expenses | 17,657.00 | 13,386.00 | 13,261.00 | 6,378.00 | 15,168.00 |
| Account Payables | 6,706.00 | 4,857.00 | 7,001.00 | 3,579.00 | 5,465.00 |
| Current Accrued Liabilities | 10,951.00 | 8,529.00 | 6,260.00 | 2,799.00 | 9,703.00 |
| Short-Term Debt | 68,706.00 | 64,605.00 | 68,071.00 | 64,013.00 | 46,312.00 |
| Other Current Liabilities | 1,735.00 | 1,601.00 | 652.00 | 1,582.00 | 2,557.00 |
| Non-Current Liabilities | 11,949.00 | 14,909.00 | 15,645.00 | 15,156.00 | 15,190.00 |
| Long-Term Debt | 5,048.00 | 6,055.00 | 8,074.00 | 7,907.00 | 7,794.00 |
| Other Non-Current Liabilities | 6,901.00 | 8,854.00 | 7,571.00 | 7,249.00 | 7,396.00 |
| Equity | 48,035.00 | 51,099.00 | 53,803.00 | 64,318.00 | 65,488.00 |
| Shareholders Equity | 48,035.00 | 51,099.00 | 53,803.00 | 64,318.00 | 65,488.00 |
| Capital Stock | 311,232.00 | 311,232.00 | 307,809.00 | 307,723.00 | 306,433.00 |
| Share Premium | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -294,312.00 | -288,272.00 | -287,572.00 | -274,892.00 | -266,226.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 31,115.00 | 28,139.00 | 33,566.00 | 31,487.00 | 25,281.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 73,754.00 | 70,660.00 | 76,145.00 | 71,920.00 | 54,106.00 |
| Net Debt | 70,615.00 | 67,625.00 | 72,808.00 | 68,070.00 | 50,699.00 |
| Common Shares Outstanding | 17,962.17 | 17,962.17 | 14,836.17 | 14,809.20 | 14,340.32 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Interest Expense | 2,420.00 | 0 | 3,859.00 | 2,180.00 | 2,691.00 | 0 |
| Non-Interest Expense | 3,914.00 | 3,435.00 | 3,715.00 | 3,495.00 | 3,439.00 | 0 |
| Operating Expenses | 4,058.00 | 3,483.00 | 3,756.00 | 3,727.00 | 3,505.00 | 0 |
| Selling, General and Administrative Expenses | 3,914.00 | 3,435.00 | 3,715.00 | 3,495.00 | 3,439.00 | 0 |
| Other Operating Expenses | 144.00 | 48.00 | 41.00 | 232.00 | 66.00 | 0 |
| Operating Income | -4,058.00 | -3,483.00 | -3,756.00 | -3,727.00 | -3,505.00 | 0 |
| Net Non-Operating Income | 51.00 | 123.00 | -94.00 | -215.00 | 510.00 | 0 |
| EBT | -4,735.00 | -2,005.00 | -12,680.00 | -8,666.00 | -2,941.00 | 0 |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -4,735.00 | -2,005.00 | -12,680.00 | -8,666.00 | -2,941.00 | 0 |
| Net Income | -4,735.00 | -2,005.00 | -12,680.00 | -8,666.00 | -2,941.00 | 0 |
| EBIT | -2,315.00 | -3,483.00 | -8,821.00 | -6,486.00 | -250.00 | 0 |
| Deprecation and Amortization | 14.00 | 15.00 | 14.00 | 22.00 | 14.00 | 0 |
| EBITDA | -2,301.00 | -3,468.00 | -8,807.00 | -6,464.00 | -236.00 | 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 | 17,809.77 | 17,807.02 | 14,819.62 | 0 | 14,317.54 | 14,159.54 |
| Average Shares Outstanding Diluted | 17,809.77 | 17,807.02 | 14,819.62 | 0 | 14,317.54 | 14,159.54 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2,201.00 | -4,543.00 | -173.00 | -6,121.00 | -2,940.00 |
| Operating Net Income | -4,735.00 | -2,005.00 | -12,680.00 | -8,666.00 | -2,840.00 |
| Deprecation and Amortization | 14.00 | 15.00 | 14.00 | 22.00 | 14.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 212.00 | 252.00 | 351.00 | 465.00 | 323.00 |
| Change in Working Capital | 1,566.00 | -1,383.00 | 3,332.00 | -2,614.00 | -599.00 |
| Other Operating Activities | 742.00 | -1,422.00 | 8,810.00 | 4,672.00 | 162.00 |
| Investing Cash Flow | -407.00 | -367.00 | -322.00 | -106.00 | 429.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -411.00 | -367.00 | -335.00 | -229.00 | -61.00 |
| Net Purchase/Sale of Investments Net | 4.00 | 0 | 13.00 | 89.00 | 247.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 34.00 | 243.00 |
| Financing Cash Flow | 2,743.00 | 4,618.00 | -22.00 | 6,700.00 | 970.00 |
| Net Issuance/Repayment of Debt | 2,742.00 | -61.00 | -22.00 | 5,479.00 | 970.00 |
| Net Issuance/Repurchase of Equity | 1.00 | 0 | 0 | 1,221.00 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0.00 | 0.00 |
| Net Change in Cash | 135.00 | -292.00 | -517.00 | 473.00 | -1,541.00 |
| Cash at Beginning of Period | 2,927.00 | 3,217.00 | 3,717.00 | 3,264.00 | 4,801.00 |
| Cash at End of Period | 3,044.00 | 2,927.00 | 3,217.00 | 3,717.00 | 3,264.00 |
| Free Cash Flow | -2,612.00 | -4,910.00 | -508.00 | -6,350.00 | -3,001.00 |