ENJ

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 8.53 1.95 4.09 4.55 3.72
Price to Sales 0.76 0.38 0.33 0.43 0.51
Book Value Per Common Share 42.99 83.67 76.34 70.08 65.21
Price to Book 0.49 0.26 0.29 0.36 0.40
Price to Operating Cash Flow 0.94 0.51 0.80 1.04 1.03
Price to Free Cash Flow
Enterprise Value to EBITDA 6339.46 3471.03 3711.22 4126.89 4389.59
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 6.20 10.67 24.70 6.48 36.16 65.14 3.33 6.86 15.88 4.71 11.16 18.43 5.92 15.58 15.27
Price to Sales 0.94 1.43 3.14 0.55 0.78 1.74 0.48 0.83 1.65 0.45 0.78 1.77 0.56 0.90 1.80
Book Value Per Common Share 45.32 44.05 43.07 85.61 375.65 371.44 351.07 338.31 332.67 312.91 302.28 300.21 288.46 278.76 278.76
Price to Book 0.47 0.46 0.48 0.27 0.06 0.06 0.06 0.07 0.07 0.07 0.08 0.08 0.09 0.09 0.09
Price to Operating Cash Flow 1.15 2.27 6.89 0.77 1.30 3.63 0.69 1.27 2.41 1.27 2.80 4.51 1.20 2.94 -167.70
Price to Free Cash Flow
Enterprise Value to EBITDA 7480.71 11320.41 23077.97 5206.78 1838.09 4310.56 1046.70 1853.03 4278.94 1419.54 2720.39 4445.27 1472.19 2471.29 4555.36

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -77.83 106.30 -3.05 -19.74
Revenue YoY -2.20 -11.75 17.21 16.11
EBITDA YoY 7.47 8.73 -1.49 4.81
Net Profit YoY -55.21 113.62 -1.37 -19.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 81.68 127.38 520.69 65.71 94.88 125.85 127.91 58.09 160.98 -1.80
Revenue YoY 61.73 116.93 58.96 105.69 61.70 95.47 67.25 117.97 59.18 99.20
EBITDA YoY 59.73 107.49 77.32 115.77 67.33 125.39 84.46 56.42 66.54 84.72
Net Profit YoY 83.72 129.71 146.32 71.64 94.96 125.83 113.31 69.05 161.60 -1.79

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 7.49 2.17 3.85 9.64 45.58
Quick Ratio 0.87 0.50 0.50 0.64 1.14
Current Ratio 0.86 0.66 0.71 0.69 0.73
Debt to Equity 0.91 0.88 0.57 0.59 0.59
Long-Term Debt to Equity 0.81 0.76 0.49 0.52 0.51
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 13.30 9.92 13.47 36.95 34.66 33.80 40.64 31.74 53.43 25.03 13.41 15.91 23.55 16.61 44.77
Quick Ratio 1.02 0.99 1.16 1.58 1.33 1.05 1.45 1.12 1.46 1.01 0.82 0.86 0.88 1.26 1.81
Current Ratio 0.88 0.92 1.04 1.13 1.08 0.84 1.09 0.93 1.01 1.03 1.02 0.89 0.71 1.13 1.16
Debt to Equity 0.91 0.91 0.92 0.90 0.90 0.90 0.91 0.92 0.92 0.96 0.96 0.99 1.00 0.99 0.99
Long-Term Debt to Equity 0.79 0.81 0.82 0.80 0.80 0.78 0.80 0.81 0.81 0.84 0.86 0.89 0.87 0.90 0.90

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.53 1.29 0.47 0.47 0.61
ROE 1.02 2.42 0.73 0.75 0.96
Gross Margin 66.14 69.53 70.40 73.47
Operating Margin 78.58 71.99 56.98 68.74 75.30
EBITDA Margin 119.67 108.90 88.39 105.16 116.50
Net Profit Margin 8.89 19.40 8.01 9.52 13.73
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 0.71 0.40 0.18 0.39 0.16 0.10 0.74 0.38 0.17 0.56 0.27 0.15 0.49 0.20 0.19
ROE 1.36 0.76 0.34 0.74 0.31 0.18 1.41 0.74 0.33 1.09 0.52 0.31 0.98 0.39 0.39
Gross Margin 68.77 66.49 63.99 67.12 68.41 65.07 72.83 71.54 70.20 67.01
Operating Margin 90.57 89.61 92.44 65.40 52.40 46.99 68.29 61.89 49.81 42.39 32.13 55.15 54.95 48.53 55.32
EBITDA Margin 128.60 130.21 136.13 105.22 94.32 89.92 103.66 100.17 86.88 73.65 66.78 93.05 90.62 86.62 93.41
Net Profit Margin 15.24 13.42 12.67 8.42 5.43 6.51 14.53 12.05 10.43 9.50 7.45 9.60 9.53 5.80 11.76

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 198,114,774.00 183,181,236.00 236,778,779.00 237,085,430.00 229,110,481.00
   Current Assets 8,856,811.00 7,775,508.00 8,593,559.00 7,194,515.00 8,718,346.00
      Cash and Short-Term Investments 3,202,454.00 458,190.00 787,073.00 1,936,872.00 9,121,389.00
            Cash and Cash Equivalents 3,185,854.00 458,190.00 773,959.00 1,908,244.00 9,081,792.00
            Short-Term Investments 16,600.00 0 13,114.00 28,628.00 39,597.00
      Net Receivables 5,698,302.00 5,426,875.00 5,206,350.00 4,671,319.00 4,539,975.00
      Inventory 3,584,693.00 2,833,581.00 2,362,649.00 2,063,652.00 1,893,083.00
      Other Current Assets -3,628,638.00 -943,138.00 237,487.00 -1,477,328.00 -6,836,101.00
   Non-Current Assets 189,257,963.00 175,405,728.00 228,185,220.00 229,890,915.00 220,392,135.00
      Property, Plant, Equipment Net 1,115,857.00 828,294.00 723,066.00 700,742.00 902,373.00
      Goodwill 367,625.00 374,099.00 377,172.00 377,172.00 377,172.00
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 21,380,095.00 15,888,045.00 13,224,600.00 12,977,572.00 14,244,079.00
      Non-Current Deferred Assets 18,986.00 16,367.00 111,100.00 81,186.00 76,289.00
      Other Non-Current Assets 166,375,400.00 158,298,923.00 213,749,282.00 215,754,243.00 204,792,222.00
Liabilities 94,149,609.00 85,861,766.00 86,363,451.00 88,302,866.00 85,199,873.00
   Current Liabilities 10,254,261.00 11,812,712.00 12,037,932.00 10,397,140.00 11,994,665.00
      Payables and Expenses 4,432,602.00 3,188,824.00 3,711,917.00 5,257,196.00 5,465,638.00
            Account Payables 4,286,918.00 3,066,949.00 3,548,120.00 5,127,286.00 5,348,038.00
            Current Accrued Liabilities 145,684.00 121,875.00 163,797.00 129,910.00 117,600.00
      Short-Term Debt 2,884,611.00 5,198,560.00 5,306,695.00 2,490,835.00 3,816,519.00
      Other Current Liabilities 2,937,048.00 3,425,328.00 3,019,320.00 2,649,109.00 2,712,508.00
   Non-Current Liabilities 83,895,348.00 74,049,054.00 74,325,519.00 77,905,726.00 73,205,208.00
      Long-Term Debt 49,217,941.00 42,331,787.00 43,089,858.00 45,517,138.00 38,884,967.00
      Other Non-Current Liabilities 34,677,407.00 31,717,267.00 31,235,661.00 32,388,588.00 34,320,241.00
Equity 103,965,165.00 97,319,470.00 150,415,328.00 148,782,564.00 143,910,608.00
   Shareholders Equity 18,386,370.00 17,702,559.00 15,607,696.00 14,081,740.00 13,048,720.00
      Capital Stock 1,087,766.00 969,112.00 1,139,099.00 1,004,022.00 1,004,002.00
      Share Premium 9,033,650.00 8,995,536.00 8,683,020.00 7,816,364.00 7,505,085.00
      Retained Earnings 14,080,295.00 13,742,408.00 11,906,092.00 11,724,941.00 11,143,842.00
      Treasury Shares 4,812,321.00 4,953,498.00 4,978,994.00 5,039,699.00 5,074,456.00
      Accumulated Other Comprehensive Income 96,427.00 -215,324.00 -272,768.00 -648,500.00 -889,760.00
   Minority Interest 240,928.00 318,418.00 273,314.00 213,720.00 105,000.00
Investments 21,396,695.00 15,888,045.00 13,237,714.00 13,006,200.00 14,283,676.00
Debt 52,102,552.00 47,530,347.00 48,396,553.00 48,007,973.00 42,701,486.00
Net Debt 48,900,098.00 47,072,157.00 47,609,480.00 46,071,101.00 33,580,097.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 11,879,653.00 12,147,412.00 13,764,237.00 11,742,896.00 10,113,636.00
Cost Of Revenue 4,022,535.00 0 4,194,443.00 3,476,270.00 2,683,114.00
Gross Profit 7,857,118.00 0 9,569,794.00 8,266,626.00 7,430,522.00
Operating Expenses 2,521,956.00 0 5,569,177.00 4,308,668.00 3,729,748.00
   Selling, General and Administrative Expenses 1,498,569.00 1,503,243.00 1,444,396.00 1,299,730.00 1,243,344.00
   Other Operating Expenses 1,023,387.00 0 4,124,781.00 3,008,938.00 2,486,404.00
Operating Income 5,335,162.00 5,248,897.00 4,000,617.00 3,957,958.00 3,700,774.00
Net Non-Operating Income -1,546,011.00 -1,441,646.00 -1,571,621.00 -890,715.00 -871,897.00
Interest Expense 5,546,436.00 4,938,190.00 5,413,342.00 5,004,356.00 4,786,565.00
EBT 3,789,151.00 3,807,251.00 2,428,996.00 3,067,243.00 2,828,877.00
Income Tax 1,240,381.00 1,722,273.00 174,921.00 834,938.00 632,259.00
Net Income Including Non-Controlling Interests 1,068,315.00 11,840,731.00 5,974,160.00 6,065,523.00 7,580,692.00
Net Income Non-Controlling Interests -12,725.00 -9,484,195.00 -4,870,994.00 -4,947,031.00 -6,192,358.00
Net Income 1,055,590.00 2,356,536.00 1,103,166.00 1,118,492.00 1,388,334.00
EBIT 9,335,587.00 8,745,441.00 7,842,338.00 8,071,599.00 7,615,442.00
Deprecation and Amortization 4,880,967.00 4,482,746.00 4,323,287.00 4,277,802.00 4,167,254.00
EBITDA 14,216,554.00 13,228,187.00 12,165,625.00 12,349,401.00 11,782,696.00
EPS 0.00 0.01 0.01 0.01 0.01
Diluted EPS 0.00 0.01 0.01 0.01 0.01
Average Shares Outstanding Basic 427,713.12 211,569.93 204,450.35 200,941.51 200,106.95
Average Shares Outstanding Diluted 431,581.70 212,376.49 205,547.58 201,873.02 201,102.22
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 9,556,091.00 8,945,079.00 5,648,849.00 4,890,367.00 5,016,871.00
   Operating Net Income 7,158,091.00 11,840,731.00 5,974,160.00 6,065,523.00 7,580,692.00
   Deprecation and Amortization 4,880,967.00 4,482,746.00 4,323,287.00 4,277,802.00 4,167,254.00
   Deferred Income Tax 794,379.00 -985,551.00 -9,112.00 662,323.00 -613,285.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -456,698.00 -2,165,523.00 -1,060,620.00 1,720,663.00 3,435,444.00
   Other Operating Activities -2,820,648.00 -4,227,324.00 -3,578,866.00 -7,835,944.00 -9,553,234.00
Investing Cash Flow -11,208,840.00 -10,449,919.00 -13,323,185.00 -12,474,905.00 -9,319,384.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 11,250,330.00 61,695.00 11,010,640.00 436,949.00 525,235.00
   Net Purchase/Sale of Investments Net -6,340.00 250,572.00 5,251,398.00 164,086.00 606,145.00
   Net Purchase/Sale of Business 0 1,457,676.00 3,163,572.00 0 0
   Other Investing Activities -22,452,830.00 -12,219,862.00 -32,748,795.00 -13,075,940.00 -10,450,764.00
Financing Cash Flow 3,078,022.00 1,358,559.00 7,334,506.00 5,067,947.00 6,902,541.00
   Net Issuance/Repayment of Debt 23,165,143.00 18,381,381.00 21,057,493.00 22,228,259.00 31,498,861.00
   Net Issuance/Repurchase of Equity 136,794.00 140,472.00 884,597.00 210,466.00 42,600.00
   Dividends Paid 1,241,050.00 2,351,334.00 1,677,056.00 1,001,322.00 1,006,061.00
   Other Financing Activities -21,464,965.00 -19,514,628.00 -16,284,640.00 -18,372,100.00 -25,644,981.00
Net Change in Cash 1,425,273.00 -146,281.00 -339,830.00 -2,516,591.00 0
   Cash at Beginning of Period -565,570.00 278,829.00 563,994.00 0 0
   Cash at End of Period 859,703.00 132,548.00 224,164.00 0 0
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 213,544,342.00 208,998,338.00 203,719,662.00 198,114,774.00 197,451,637.00 192,438,110.00 189,063,558.00 183,181,236.00 185,468,883.00 183,050,715.00 181,183,746.00 236,778,779.00 178,780,593.00 175,247,789.00 178,815,812.00 237,085,430.00 175,329,029.00 166,926,474.00 171,958,416.00 229,110,481.00
   Current Assets 11,659,295.00 10,696,600.00 10,554,274.00 8,856,811.00 10,939,526.00 10,763,433.00 10,008,532.00 7,775,508.00 10,990,636.00 9,821,310.00 10,689,408.00 8,593,559.00 10,994,356.00 9,557,943.00 7,637,814.00 7,194,515.00 8,137,927.00 7,591,003.00 8,878,516.00 8,718,346.00
      Cash and Short-Term Investments 5,836,157.00 4,310,991.00 5,796,155.00 3,202,454.00 7,892,813.00 7,395,860.00 7,204,763.00 458,190.00 8,591,384.00 6,709,929.00 11,292,622.00 787,073.00 5,088,417.00 2,723,556.00 3,227,845.00 1,936,872.00 4,728,338.00 3,332,560.00 8,977,169.00 9,121,389.00
            Cash and Cash Equivalents 5,791,132.00 4,305,986.00 5,747,004.00 3,185,854.00 7,892,813.00 7,395,860.00 7,204,763.00 458,190.00 8,591,384.00 6,709,929.00 11,292,622.00 773,959.00 5,088,417.00 2,723,556.00 3,227,845.00 1,908,244.00 4,728,338.00 3,279,560.00 8,170,169.00 9,081,792.00
            Short-Term Investments 45,025.00 5,005.00 49,151.00 16,600.00 0 0 0 0 0 0 0 13,114.00 0 0 0 28,628.00 0 53,000.00 807,000.00 39,597.00
      Net Receivables 7,795,354.00 7,114,025.00 5,981,767.00 5,698,302.00 7,336,583.00 5,927,184.00 5,262,214.00 5,426,875.00 6,016,454.00 5,191,553.00 4,101,375.00 5,206,350.00 5,633,993.00 5,030,492.00 4,132,957.00 4,671,319.00 5,384,417.00 5,147,419.00 4,867,673.00 4,539,975.00
      Inventory 3,603,136.00 3,584,932.00 3,396,755.00 3,584,693.00 3,548,166.00 3,148,482.00 2,985,961.00 2,833,581.00 2,719,939.00 2,611,332.00 2,462,847.00 2,362,649.00 2,254,786.00 2,185,058.00 2,113,752.00 2,063,652.00 2,046,593.00 1,962,790.00 1,914,558.00 1,893,083.00
      Other Current Assets -5,575,352.00 -4,313,348.00 -4,620,403.00 -3,628,638.00 -7,838,036.00 -5,708,093.00 -5,444,406.00 -943,138.00 -6,337,141.00 -4,691,504.00 -7,167,436.00 237,487.00 -1,982,840.00 -381,163.00 -1,836,740.00 -1,477,328.00 -4,021,421.00 -2,851,766.00 -6,880,884.00 -6,836,101.00
   Non-Current Assets 201,885,047.00 198,301,738.00 193,165,388.00 189,257,963.00 186,512,111.00 181,674,677.00 179,055,026.00 175,405,728.00 174,478,247.00 173,229,405.00 170,494,338.00 228,185,220.00 167,786,237.00 165,689,846.00 171,177,998.00 229,890,915.00 167,191,102.00 159,335,471.00 163,079,900.00 220,392,135.00
      Property, Plant, Equipment Net 936,053.00 928,383.00 925,406.00 1,115,857.00 834,421.00 827,563.00 826,712.00 828,294.00 830,360.00 823,277.00 791,501.00 723,066.00 711,586.00 704,523.00 701,372.00 700,742.00 691,467.00 692,742.00 697,480.00 902,373.00
      Goodwill 367,582.00 367,582.00 367,696.00 367,625.00 374,099.00 374,099.00 374,099.00 374,099.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00 377,172.00
      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 22,291,591.00 21,704,589.00 20,980,032.00 21,380,095.00 21,390,447.00 16,600,709.00 16,417,901.00 15,888,045.00 15,196,971.00 15,614,377.00 15,159,283.00 13,224,600.00 12,988,151.00 13,335,797.00 12,409,818.00 12,977,572.00 12,352,344.00 12,461,897.00 14,372,550.00 14,244,079.00
      Non-Current Deferred Assets 24,867.00 24,777.00 25,759.00 18,986.00 15,837.00 16,510.00 13,622.00 16,367.00 50,895.00 69,912.00 82,529.00 111,100.00 89,848.00 87,600.00 58,388.00 81,186.00 58,069.00 60,749.00 56,068.00 76,289.00
      Other Non-Current Assets 178,264,954.00 175,276,407.00 170,866,495.00 166,375,400.00 163,897,307.00 163,855,796.00 161,422,692.00 158,298,923.00 158,022,849.00 156,344,667.00 154,083,853.00 213,749,282.00 153,619,480.00 151,184,754.00 157,631,248.00 215,754,243.00 153,712,050.00 145,742,911.00 147,576,630.00 204,792,222.00
Liabilities 101,745,044.00 99,739,597.00 97,352,194.00 94,149,609.00 93,401,448.00 91,322,220.00 89,463,028.00 85,861,766.00 88,258,274.00 87,672,897.00 87,034,770.00 86,363,451.00 87,583,046.00 85,937,528.00 88,817,175.00 88,302,866.00 87,529,053.00 82,831,975.00 85,428,135.00 85,199,873.00
   Current Liabilities 13,306,299.00 11,594,423.00 10,114,050.00 10,254,261.00 9,657,897.00 10,005,143.00 11,860,599.00 11,812,712.00 10,085,254.00 10,596,573.00 10,535,631.00 12,037,932.00 10,643,752.00 9,399,499.00 8,560,583.00 10,397,140.00 11,500,168.00 6,734,424.00 7,644,251.00 11,994,665.00
      Payables and Expenses 5,138,048.00 4,920,585.00 4,201,375.00 4,432,602.00 3,794,775.00 2,941,540.00 2,761,267.00 3,188,824.00 2,903,911.00 3,242,608.00 3,033,836.00 3,711,917.00 3,662,519.00 3,963,097.00 3,656,266.00 5,257,196.00 7,066,089.00 2,817,921.00 3,373,253.00 5,465,638.00
            Account Payables 5,087,586.00 4,859,128.00 4,138,219.00 4,286,918.00 3,739,624.00 2,885,019.00 2,703,877.00 3,066,949.00 2,850,378.00 3,153,534.00 2,946,248.00 3,548,120.00 3,596,603.00 3,901,186.00 3,596,017.00 5,127,286.00 6,998,728.00 2,749,958.00 3,309,501.00 5,348,038.00
            Current Accrued Liabilities 50,462.00 61,457.00 63,156.00 145,684.00 55,151.00 56,521.00 57,390.00 121,875.00 53,533.00 89,074.00 87,588.00 163,797.00 65,916.00 61,911.00 60,249.00 129,910.00 67,361.00 67,963.00 63,752.00 117,600.00
      Short-Term Debt 4,616,314.00 3,306,969.00 3,191,349.00 2,884,611.00 2,818,864.00 3,828,770.00 6,129,923.00 5,198,560.00 4,261,525.00 4,668,784.00 5,244,708.00 5,306,695.00 4,415,706.00 3,076,931.00 2,632,481.00 2,490,835.00 1,896,979.00 1,436,893.00 2,146,667.00 3,816,519.00
      Other Current Liabilities 3,551,937.00 3,366,869.00 2,721,326.00 2,937,048.00 3,044,258.00 3,234,833.00 2,969,409.00 3,425,328.00 2,919,818.00 2,685,181.00 2,257,087.00 3,019,320.00 2,565,527.00 2,359,471.00 2,271,836.00 2,649,109.00 2,537,100.00 2,479,610.00 2,124,331.00 2,712,508.00
   Non-Current Liabilities 88,438,745.00 88,145,174.00 87,238,144.00 83,895,348.00 83,743,551.00 81,317,077.00 77,602,429.00 74,049,054.00 78,173,020.00 77,076,324.00 76,499,139.00 74,325,519.00 76,939,294.00 76,538,029.00 80,256,592.00 77,905,726.00 76,028,885.00 76,097,551.00 77,783,884.00 73,205,208.00
      Long-Term Debt 50,852,835.00 52,217,390.00 52,519,269.00 49,217,941.00 49,120,354.00 47,797,131.00 45,001,734.00 42,331,787.00 45,695,543.00 44,801,693.00 44,769,993.00 43,089,858.00 45,116,180.00 44,933,527.00 48,200,358.00 45,517,138.00 43,409,372.00 43,714,466.00 43,743,943.00 38,884,967.00
      Other Non-Current Liabilities 37,585,910.00 35,927,784.00 34,718,875.00 34,677,407.00 34,623,197.00 33,519,946.00 32,600,695.00 31,717,267.00 32,477,477.00 32,274,631.00 31,729,146.00 31,235,661.00 31,823,114.00 31,604,502.00 32,056,234.00 32,388,588.00 32,619,513.00 32,383,085.00 34,039,941.00 34,320,241.00
Equity 111,799,298.00 109,258,741.00 106,367,468.00 103,965,165.00 104,050,189.00 101,115,890.00 99,600,530.00 97,319,470.00 97,210,609.00 95,377,818.00 94,148,976.00 150,415,328.00 91,197,547.00 89,310,261.00 89,998,637.00 148,782,564.00 87,799,976.00 84,094,499.00 86,530,281.00 143,910,608.00
   Shareholders Equity 20,240,968.00 19,662,778.00 18,554,111.00 18,386,370.00 18,356,477.00 17,773,571.00 17,574,478.00 17,702,559.00 16,610,844.00 16,006,871.00 15,740,100.00 15,607,696.00 14,805,143.00 14,302,387.00 14,204,444.00 14,081,740.00 13,648,380.00 13,189,432.00 13,189,342.00 13,048,720.00
      Capital Stock 1,002,921.00 1,002,921.00 1,032,766.00 1,087,766.00 1,157,862.00 1,119,112.00 1,119,112.00 969,112.00 1,139,099.00 1,139,099.00 1,139,099.00 1,139,099.00 1,004,022.00 1,004,022.00 1,004,022.00 1,004,022.00 1,004,005.00 1,004,005.00 1,004,002.00 1,004,002.00
      Share Premium 9,832,933.00 9,812,838.00 8,992,873.00 9,033,650.00 9,008,531.00 8,986,046.00 8,969,694.00 8,995,536.00 8,699,495.00 8,684,430.00 8,667,902.00 8,683,020.00 7,815,238.00 7,800,493.00 7,785,279.00 7,816,364.00 7,618,014.00 7,601,838.00 7,475,214.00 7,505,085.00
      Retained Earnings 15,130,919.00 14,559,299.00 14,257,533.00 14,080,295.00 14,113,342.00 13,566,252.00 13,644,074.00 13,742,408.00 12,955,993.00 12,338,227.00 12,059,533.00 11,906,092.00 12,048,673.00 11,548,714.00 11,877,600.00 11,724,941.00 11,627,276.00 11,213,310.00 11,340,264.00 11,143,842.00
      Treasury Shares 4,759,386.00 4,766,215.00 4,768,923.00 4,812,321.00 4,840,111.00 4,883,695.00 4,922,617.00 4,953,498.00 4,957,522.00 4,958,795.00 4,959,395.00 4,978,994.00 4,979,419.00 4,984,160.00 5,003,087.00 5,039,699.00 5,040,637.00 5,042,242.00 5,046,221.00 5,074,456.00
      Accumulated Other Comprehensive Income 79,092.00 84,993.00 91,727.00 96,427.00 249,824.00 262,224.00 -226,708.00 -215,324.00 -288,942.00 -280,416.00 -270,286.00 -272,768.00 -611,802.00 -633,728.00 -657,826.00 -648,500.00 -935,324.00 -948,462.00 -993,174.00 -889,760.00
   Minority Interest 102,551.00 103,939.00 104,589.00 240,928.00 119,369.00 152,676.00 154,776.00 318,418.00 187,941.00 192,520.00 148,650.00 273,314.00 137,143.00 155,837.00 105,473.00 213,720.00 35,000.00 35,000.00 35,000.00 105,000.00
Investments 22,336,616.00 21,709,594.00 21,029,183.00 21,396,695.00 21,390,447.00 16,600,709.00 16,417,901.00 15,888,045.00 15,196,971.00 15,614,377.00 15,159,283.00 13,237,714.00 12,988,151.00 13,335,797.00 12,409,818.00 13,006,200.00 12,352,344.00 12,461,897.00 14,372,550.00 14,283,676.00
Debt 55,469,149.00 55,524,359.00 55,710,618.00 52,102,552.00 51,939,218.00 51,625,901.00 51,131,657.00 47,530,347.00 49,957,068.00 49,470,477.00 50,014,701.00 48,396,553.00 49,531,886.00 48,010,458.00 50,832,839.00 48,007,973.00 45,306,351.00 45,151,359.00 45,890,610.00 42,701,486.00
Net Debt 49,632,992.00 51,213,368.00 49,914,463.00 48,900,098.00 44,046,405.00 44,230,041.00 43,926,894.00 47,072,157.00 41,365,684.00 42,760,548.00 38,722,079.00 47,609,480.00 44,443,469.00 45,286,902.00 47,604,994.00 46,071,101.00 40,578,013.00 41,818,799.00 36,913,441.00 33,580,097.00
Common Shares Outstanding 446,596.90 446,409.07 430,774.11 0 214,408.01 47,314.35 47,314.35 0 47,314.35 47,314.35 47,314.35 0 47,314.35 47,314.35 47,314.35 0 47,314.35 47,314.35 47,314.35 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 9,987,742.00 6,175,723.00 2,846,874.00 -5,800,571.00 9,137,348.00 5,748,248.00 2,794,628.00 -6,083,339.00 9,422,607.00 5,827,085.00 2,981,059.00 -5,878,547.00 10,491,737.00 6,273,122.00 2,877,925.00 -5,789,289.00 9,020,440.00 5,666,907.00 2,844,838.00
Cost Of Revenue 3,119,334.00 2,069,381.00 1,025,106.00 1,018,485.00 3,004,050.00 0 0 0 0 0 0 -2,092,470.00 3,313,948.00 2,190,899.00 782,066.00 -1,718,428.00 2,567,437.00 1,688,722.00 938,539.00
Gross Profit 6,868,408.00 4,106,342.00 1,821,768.00 1,723,820.00 6,133,298.00 0 0 0 0 0 0 -3,786,077.00 7,177,789.00 4,082,223.00 2,095,859.00 -4,070,861.00 6,453,003.00 3,978,185.00 1,906,299.00
Operating Expenses 1,529,043.00 1,018,538.00 418,258.00 390,968.00 2,130,988.00 0 0 0 0 0 0 -2,429,313.00 4,096,235.00 2,924,020.00 978,235.00 -1,939,893.00 3,091,623.00 2,250,508.00 906,430.00
   Selling, General and Administrative Expenses 1,257,680.00 797,141.00 396,801.00 -783,304.00 1,139,780.00 758,093.00 384,000.00 -730,143.00 1,128,818.00 735,389.00 369,179.00 -663,668.00 1,067,654.00 690,426.00 349,984.00 -590,365.00 972,933.00 611,078.00 306,084.00
   Other Operating Expenses 271,363.00 221,397.00 21,457.00 32,179.00 991,208.00 0 0 0 0 0 0 -1,765,645.00 3,028,581.00 2,233,594.00 628,251.00 -1,349,528.00 2,118,690.00 1,639,430.00 600,346.00
Operating Income 5,339,365.00 3,087,804.00 1,403,510.00 -888,471.00 4,002,310.00 1,738,825.00 482,498.00 -2,866,660.00 4,716,772.00 2,463,139.00 935,646.00 -1,356,764.00 3,081,554.00 1,158,203.00 1,117,624.00 -2,130,968.00 3,361,380.00 1,727,677.00 999,869.00
Net Non-Operating Income -955,927.00 -654,696.00 -336,777.00 525,953.00 -1,147,143.00 -770,042.00 -154,779.00 720,441.00 -1,082,200.00 -710,594.00 -369,293.00 721,716.00 -1,138,562.00 -802,517.00 -352,258.00 525,872.00 -724,087.00 -519,001.00 -173,499.00
Interest Expense 4,662,608.00 3,100,793.00 1,565,025.00 -603,217.00 3,121,059.00 2,043,152.00 985,442.00 -634,777.00 2,800,289.00 1,854,094.00 918,584.00 427,020.00 2,504,845.00 1,659,721.00 821,756.00 395,980.00 2,319,672.00 1,541,345.00 747,359.00
EBT 4,383,438.00 2,433,108.00 1,066,733.00 -362,518.00 2,855,167.00 968,783.00 327,719.00 -2,146,219.00 3,634,572.00 1,752,545.00 566,353.00 -635,048.00 1,942,992.00 355,686.00 765,366.00 -1,605,096.00 2,637,293.00 1,208,676.00 826,370.00
Income Tax 1,371,338.00 742,734.00 314,422.00 2,087.00 904,782.00 256,144.00 77,368.00 444,875.00 863,249.00 185,066.00 229,083.00 -1,283,470.00 356,601.00 897,611.00 204,179.00 -269,529.00 689,676.00 221,223.00 193,568.00
Net Income Including Non-Controlling Interests 1,525,919.00 832,164.00 363,678.00 -1,286,685.00 778,004.00 895,534.00 681,462.00 3,333,175.00 4,442,648.00 2,333,979.00 1,730,929.00 43,730.00 3,115,636.00 1,357,075.00 1,457,719.00 114,970.00 2,974,847.00 1,341,026.00 1,634,680.00
Net Income Non-Controlling Interests -3,429.00 -3,474.00 -2,918.00 1,078,950.00 -8,861.00 -583,280.00 -499,534.00 -3,358,687.00 -3,073,714.00 -1,631,800.00 -1,419,994.00 -680,917.00 -2,118,944.00 -889,814.00 -1,181,319.00 -519,228.00 -2,115,253.00 -1,012,435.00 -1,300,115.00
Net Income 1,522,490.00 828,690.00 360,760.00 -207,735.00 769,143.00 312,254.00 181,928.00 -25,512.00 1,368,934.00 702,179.00 310,935.00 -637,187.00 996,692.00 467,261.00 276,400.00 -404,258.00 859,594.00 328,591.00 334,565.00
EBIT 9,046,046.00 5,533,901.00 2,631,758.00 -965,735.00 5,976,226.00 3,011,935.00 1,313,161.00 -2,780,996.00 6,434,861.00 3,606,639.00 1,484,937.00 -208,028.00 4,447,837.00 2,015,407.00 1,587,122.00 -1,209,116.00 4,956,965.00 2,750,021.00 1,573,729.00
Deprecation and Amortization 3,798,139.00 2,507,276.00 1,243,607.00 -2,366,712.00 3,638,017.00 2,410,017.00 1,199,645.00 -2,185,278.00 3,332,464.00 2,230,631.00 1,104,929.00 -2,220,905.00 3,279,578.00 2,173,701.00 1,090,913.00 -2,182,205.00 3,217,764.00 2,158,608.00 1,083,635.00
EBITDA 12,844,185.00 8,041,177.00 3,875,365.00 -3,332,447.00 9,614,243.00 5,421,952.00 2,512,806.00 -4,966,274.00 9,767,325.00 5,837,270.00 2,589,866.00 -2,428,933.00 7,727,415.00 4,189,108.00 2,678,035.00 -3,391,321.00 8,174,729.00 4,908,629.00 2,657,364.00
EPS 0.00 0.00 0.00 0.00 0.00 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
Diluted EPS 0.00 0.00 0.00 0.00 0.00 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
Average Shares Outstanding Basic 438,746.88 434,789.47 430,347.77 1,070,735.71 213,592.64 213,380.41 213,143.72 212,108.67 211,420.12 211,400.23 211,350.70 208,433.79 203,259.37 203,164.63 202,943.63 201,833.07 200,756.27 200,651.16 200,525.55
Average Shares Outstanding Diluted 447,250.83 443,446.88 440,648.34 1,083,560.94 214,736.95 214,155.77 213,873.13 212,990.48 212,195.73 212,173.25 212,146.51 209,652.32 204,357.92 204,291.60 203,888.48 203,511.09 201,568.51 201,352.83 201,059.67
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 8,174,329.00 3,898,878.00 1,296,152.00 -1,714,275.00 6,502,279.00 3,430,122.00 1,337,965.00 -3,517,380.00 6,610,350.00 3,805,066.00 2,047,043.00 -925,600.00 3,706,514.00 1,739,597.00 1,128,338.00 -1,047,452.00 4,224,921.00 1,743,397.00 -30,499.00
   Operating Net Income 4,988,647.00 2,763,190.00 2,055,027.00 2,586,585.00 2,994,510.00 895,534.00 681,462.00 3,333,175.00 4,442,648.00 2,333,979.00 1,730,929.00 43,730.00 3,115,636.00 1,357,075.00 1,457,719.00 114,970.00 2,974,847.00 1,341,026.00 1,634,680.00
   Deprecation and Amortization 3,798,139.00 2,507,276.00 1,243,607.00 -2,366,712.00 3,638,017.00 2,410,017.00 1,199,645.00 -2,185,278.00 3,332,464.00 2,230,631.00 1,104,929.00 -2,220,905.00 3,279,578.00 2,173,701.00 1,090,913.00 -2,182,205.00 3,217,764.00 2,158,608.00 1,083,635.00
   Deferred Income Tax 1,807,862.00 525,868.00 222,628.00 -176,147.00 619,491.00 258,409.00 92,626.00 -1,578,740.00 573,315.00 155,587.00 -135,713.00 399,313.00 -79,700.00 -510,738.00 182,013.00 -660,148.00 658,704.00 297,182.00 366,585.00
   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 800,950.00 280,882.00 -1,002,153.00 -1,595,081.00 1,325,275.00 554,702.00 -741,594.00 3,868,144.00 -1,520,011.00 -1,711,643.00 -2,802,013.00 -4,434,569.00 1,231,845.00 608,048.00 1,534,056.00 -2,133,680.00 3,348,867.00 785,352.00 -279,876.00
   Other Operating Activities -3,221,269.00 -2,178,338.00 -1,222,957.00 -162,920.00 -2,075,014.00 -688,540.00 105,826.00 -6,954,681.00 -218,066.00 796,512.00 2,148,911.00 5,286,831.00 -3,840,845.00 -1,888,489.00 -3,136,363.00 3,813,611.00 -5,975,261.00 -2,838,771.00 -2,835,523.00
Investing Cash Flow -10,440,705.00 -7,505,810.00 -3,485,146.00 3,444,898.00 -7,558,932.00 -4,648,317.00 -2,446,489.00 7,708,922.00 -8,204,568.00 -6,239,773.00 -3,714,500.00 8,193,102.00 -10,311,834.00 -8,052,743.00 -3,151,710.00 4,209,308.00 -7,716,048.00 -5,798,756.00 -3,169,409.00
   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 12,163,588.00 7,301,755.00 3,296,661.00 3,004,395.00 7,561,319.00 342,308.00 342,308.00 -82,037.00 71,866.00 71,866.00 0 10,799,298.00 106,193.00 105,149.00 0 100,131.00 173,409.00 163,409.00 0
   Net Purchase/Sale of Investments Net -1,115.00 3,124.00 -966.00 -105,688.00 19,946.00 63,821.00 15,581.00 175,041.00 41,085.00 18,706.00 15,740.00 -4,067,556.00 4,648,039.00 4,647,119.00 23,796.00 -151,366.00 161,886.00 77,670.00 75,896.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 -2,915,352.00 1,457,676.00 1,457,676.00 1,457,676.00 -3,163,572.00 3,163,572.00 3,163,572.00 0 0 0 0 0
   Other Investing Activities -22,603,178.00 -14,810,689.00 -6,780,841.00 546,191.00 -15,140,197.00 -5,054,446.00 -2,804,378.00 10,531,270.00 -9,775,195.00 -7,788,021.00 -5,187,916.00 4,624,932.00 -18,229,638.00 -15,968,583.00 -3,175,506.00 4,260,543.00 -8,051,343.00 -6,039,835.00 -3,245,305.00
Financing Cash Flow 3,569,015.00 4,166,998.00 3,469,569.00 -7,357,351.00 3,545,817.00 3,543,473.00 3,346,083.00 -12,324,819.00 4,178,448.00 4,377,254.00 5,127,676.00 -9,366,404.00 7,660,091.00 6,573,469.00 2,467,350.00 -1,552,025.00 1,874,420.00 2,023,168.00 2,722,384.00
   Net Issuance/Repayment of Debt 13,832,229.00 9,786,054.00 7,004,092.00 -17,648,495.00 20,445,454.00 13,508,153.00 6,860,031.00 -10,720,452.00 14,354,681.00 9,811,003.00 4,936,149.00 -18,117,238.00 18,744,261.00 14,108,265.00 6,322,205.00 -17,942,778.00 17,563,293.00 13,955,337.00 8,652,407.00
   Net Issuance/Repurchase of Equity 839,898.00 829,170.00 22,660.00 -12,395.00 96,448.00 45,982.00 6,759.00 -4,245,835.00 1,462,860.00 1,461,754.00 1,461,693.00 -1,183,786.00 1,031,802.00 1,026,952.00 9,629.00 146,201.00 32,430.00 30,856.00 979.00
   Dividends Paid 1,019,948.00 601,911.00 298,347.00 -1,020,625.00 739,268.00 1,178,850.00 343,557.00 -75,479.00 1,192,438.00 750,851.00 483,524.00 -300,905.00 1,076,437.00 571,466.00 330,058.00 -348,628.00 731,131.00 407,224.00 211,595.00
   Other Financing Activities -12,123,060.00 -7,050,137.00 -3,855,530.00 11,324,164.00 -17,735,353.00 -11,189,512.00 -3,864,264.00 2,716,947.00 -12,831,531.00 -7,646,354.00 -1,753,690.00 10,235,525.00 -13,192,409.00 -9,133,214.00 -4,194,542.00 16,593,180.00 -16,452,434.00 -12,370,249.00 -6,142,597.00
Net Change in Cash 1,302,639.00 560,066.00 1,280,575.00 -5,626,728.00 2,489,164.00 2,325,278.00 2,237,559.00 -8,133,277.00 2,584,230.00 1,942,547.00 3,460,219.00 -2,098,902.00 1,054,771.00 260,323.00 443,978.00 1,609,831.00 -1,616,707.00 -2,032,191.00 -477,524.00
   Cash at Beginning of Period 214,330.00 615,565.00 232,835.00 6,486,431.00 -1,077,352.00 -970,114.00 -942,700.00 8,265,825.00 -1,064,456.00 -748,205.00 -1,489,707.00 2,323,066.00 -51,280.00 319,566.00 257,613.00 0.00 0 0 0
   Cash at End of Period 1,516,969.00 1,175,631.00 1,513,410.00 859,703.00 1,411,812.00 1,355,164.00 1,294,859.00 132,548.00 1,519,774.00 1,194,342.00 1,970,512.00 224,164.00 1,003,491.00 579,889.00 701,591.00 0 0 0 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0