Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -0.71 -3.39 -11.62 -11432.43
Price to Sales 1.09 16.14 115.51 96630.50
Book Value Per Common Share 2.74 -0.10 -0.58 -0.32 0.80
Price to Book 2.98 -154.97 -233.12 -52924.62
Price to Operating Cash Flow -0.76 -3.34 -16.30 -41399.56
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Price to Earnings -1.84 -2.82 -1.84 3.60 -21.55 -35.05 -68400.00
Price to Sales 2.72 220.73 97.33 185701.36
Book Value Per Common Share 0.38 1.42 1.85 2.74 7.47 0.51 -0.10 0.13 -0.58 0.05 -0.32 0.30 0.80
Price to Book 6.26 1.57 1.38 2.98 0.48 23.17 -154.97 561.63 -233.12 88448.28 -52924.62
Price to Operating Cash Flow -3.67 -1.81 -2.10 -2.33 -19.80 -21.31 -32571.43
Price to Free Cash Flow -3.44 -1.81 -2.33
Enterprise Value to EBITDA 49990.74

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 133.58 -11.61 -28.54
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Earning YoY
Revenue YoY -61.28 30.93
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 5.02 0.50 1.46 0.61 0.01
Quick Ratio 1.64 0.37 0.36 0.77
Current Ratio 2.42 0.69 0.56 0.95 0.87
Debt to Equity 0.66 -5.16 -2.46 -3.01 1.54
Long-Term Debt to Equity 0.00 -0.04 -0.11 -0.99 1.49
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Cash Per Common Share 0.58 1.00 2.18 2.58 6.30 0.60 0.36 1.34 0.49 0.31 0.50 0.00 0.01
Quick Ratio 0.73 1.36 1.75 1.64 2.12 2.14 0.37 0.43 0.36 1.05 0.77
Current Ratio 1.27 2.10 2.50 2.42 3.24 2.87 0.69 0.85 0.56 1.32 0.95 0.72 0.87
Debt to Equity 2.63 0.82 0.70 0.66 0.43 0.48 -5.16 -26.68 -2.46 10.13 -3.01 5.85 1.54
Long-Term Debt to Equity 0.00 0.00 0.05 0.00 0.00 0.01 -0.04 -0.60 -0.11 2.21 -0.99 5.69 1.49

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -142.70 -392.38 -426.26 -182.04 18.71
ROE -236.31 1631.59 622.52 366.35 47.59
Gross Margin
Operating Margin -128.53 -460.54 -954.99 -788.70
EBITDA Margin -788.70
Net Profit Margin -153.30 -476.39 -994.12 -846.37
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
ROA -117.29 -31.09 -42.19 7.05 -61.42 -56.10 -13.47 -13.19
ROE -426.33 -56.64 -71.51 10.06 -91.12 1440.83 -149.98 -90.38
Gross Margin
Operating Margin -147.13 -611.18 -277.38 -155.18
EBITDA Margin
Net Profit Margin -147.42 -1019.48 -278.13 -276.35

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 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 5,597.23 2,708.09 5,885.05 16,417.35 12,854.63
   Current Assets 5,344.68 2,288.87 5,299.17 15,662.59 226.46
      Cash and Short-Term Investments 3,502.08 1,123.60 3,147.70 12,264.74 49.20
            Cash and Cash Equivalents 3,502.08 1,123.60 3,147.70 12,264.74 49.20
            Short-Term Investments 0 0 0 0 0
      Net Receivables 124.11 97.56 276.82 441.72 0
      Inventory 0 0 0 0 0
      Other Current Assets 1,718.49 1,067.70 1,874.65 2,956.14 177.26
   Non-Current Assets 252.55 419.22 585.88 754.76 12,628.17
      Property, Plant, Equipment Net 0 0 0 0 0
      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 0 0 0 0 0
Liabilities 2,217.29 3,359.35 9,914.70 24,575.41 7,801.69
   Current Liabilities 2,207.20 3,332.96 9,464.21 16,481.67 260.40
      Payables and Expenses 1,905.54 2,478.27 5,170.28 3,708.64 260.40
            Account Payables 1,357.08 1,936.01 2,943.79 301.10 0
            Current Accrued Liabilities 548.46 542.26 2,226.49 3,407.53 260.40
      Short-Term Debt 301.66 854.70 4,293.93 12,773.03 0
      Other Current Liabilities 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 10.10 26.39 450.49 8,093.74 7,541.29
      Long-Term Debt 0 0 450.49 8,093.74 225.00
      Other Non-Current Liabilities 0 0 0.00 0.00 7,316.29
Equity 3,379.94 -651.27 -4,029.65 -8,158.06 5,052.94
   Shareholders Equity 3,708.42 -322.86 -3,714.44 -7,878.24 5,000.01
      Capital Stock 0.14 0.32 0.64 2.46 0.62
      Share Premium 133,252.58 121,233.90 107,215.98 77,964.86 0
      Retained Earnings -129,544.30 -121,557.07 -110,931.06 -85,845.57 4,999.39
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest -328.48 -328.41 -315.21 -279.81 0
Debt 301.66 854.70 4,744.42 20,866.77 225.00
Net Debt 0 0 1,596.72 8,602.03 175.80
Common Shares Outstanding 1,355.77 3,146.08 6,414.07 24,643.15 6,219.17
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 5,210.03 2,230.52 2,523.38 3,531.20 0
Operating Expenses 11,940.17 12,948.71 26,745.48 23,401.63 1,368.84
   Selling, General and Administrative Expenses 4,720.73 5,361.23 6,909.60 18,711.55 0
   Research and Development Expenses 7,219.44 7,587.47 19,835.88 4,690.08 0
   Other Operating Expenses 0.00 0.00 0.00 0.00 1,368.84
Operating Income -6,730.13 -10,718.19 -24,222.10 -19,870.43 -1,368.84
Net Non-Operating Income -1,256.88 91.91 14.41 -9,275.47 4,017.85
Interest Expense 1,290.44 353.94 109.53 1,295.31 0.00
Net Interest 0 0 0 0 719.65
EBT -7,987.01 -10,626.27 -24,207.69 -29,145.90 2,649.01
Income Tax 0.00 0.00 0.00 0.00 244.49
Net Income Including Non-Controlling Interests -7,987.30 -10,639.21 -25,120.89 -29,949.04 1.63
Net Income Non-Controlling Interests 0.07 13.20 35.39 62.19 2,402.89
Net Income -7,987.23 -10,626.01 -25,085.50 -29,886.85 2,404.52
EBIT -6,696.56 -10,272.33 -24,098.16 -27,850.59 2,649.01
Deprecation and Amortization 0.00 0.00 0.00 0.15 0.00
EBITDA 0 0 0 -27,850.44 0
EPS -0.01 -0.00 -0.01 -0.00 0
Diluted EPS -0.01 -0.00 0 -0.00 0
Average Shares Outstanding Basic 697.69 2,264.06 2,159.19 20,164.50 0
Average Shares Outstanding Diluted 697.69 2,264.06 0 20,164.50 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -7,502.70 -10,779.98 -17,887.44 -8,242.18 -864.44
   Operating Net Income -7,987.01 -10,626.27 -24,207.69 -29,145.90 2,404.52
   Deprecation and Amortization 0 0 0 0.15 0
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 110.72 879.16 1,071.84 121.76 0
   Change in Working Capital -780.77 -1,107.69 5,377.41 -861.77 630.10
   Other Operating Activities 1,154.35 74.82 -129.00 21,643.58 -3,899.06
Investing Cash Flow 0 0 4.50 0 183,403.65
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 4.50 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 183,077.30
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0.00 0 326.35
Financing Cash Flow 9,881.17 8,755.88 8,765.91 20,312.70 -183,551.16
   Net Issuance/Repayment of Debt -485.19 605.43 6,125.55 13,562.07 1,225.00
   Net Issuance/Repurchase of Equity 4,103.08 9,050.00 3,783.24 6,889.17 -184,776.16
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 6,263.28 -899.55 -1,142.89 -138.54 0.00
Net Change in Cash 2,378.47 -2,024.10 -9,117.03 12,070.52 0
   Cash at Beginning of Period 1,123.60 3,147.70 12,264.74 194.21 0
   Cash at End of Period 3,502.08 1,123.60 3,147.70 12,264.74 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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 3,179.46 5,574.45 4,611.87 5,597.23 9,384.72 5,074.19 2,708.09 3,914.86 5,885.05 12,371.49 16,417.35 12,980.39 12,854.63
   Current Assets 2,928.27 5,281.60 4,400.99 5,344.68 9,090.51 4,696.64 2,288.87 3,370.64 5,299.17 11,658.40 15,662.59 228.21 226.46
      Cash and Short-Term Investments 1,673.22 2,211.57 3,052.49 3,502.08 4,153.59 3,404.35 1,123.60 1,415.77 3,147.70 8,440.95 12,264.74 18.03 49.20
            Cash and Cash Equivalents 1,673.22 2,211.57 3,052.49 3,502.08 4,153.59 3,404.35 1,123.60 1,415.77 3,147.70 8,440.95 12,264.74 18.03 49.20
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 4.41 1,204.98 22.00 124.11 1,782.81 96.22 97.56 289.31 276.82 808.60 441.72 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,250.64 1,865.04 1,326.50 1,718.49 3,154.11 1,196.07 1,067.70 1,665.57 1,874.65 2,408.85 2,956.14 210.18 177.26
   Non-Current Assets 251.19 292.86 210.88 252.55 294.22 377.55 419.22 544.22 585.88 713.09 754.76 12,752.18 12,628.17
      Property, Plant, Equipment Net 123.64 0 0 0 0 0 0 0 0 0 0 0 0
      Goodwill 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
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 127.55 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 2,304.75 2,514.04 1,891.36 2,217.29 2,805.00 1,653.56 3,359.35 4,067.29 9,914.70 11,260.22 24,575.41 11,086.56 7,801.69
   Current Liabilities 2,304.72 2,513.01 1,761.18 2,207.20 2,801.78 1,636.13 3,332.96 3,975.97 9,464.21 8,801.91 16,481.67 319.18 260.40
      Payables and Expenses 1,737.01 2,088.49 1,503.79 1,905.54 2,414.61 1,390.15 2,478.27 3,956.85 5,170.28 2,711.14 3,708.64 319.18 260.40
            Account Payables 463.46 1,042.83 615.29 1,357.08 1,967.57 981.72 1,936.01 1,598.17 2,943.79 959.63 301.10 0 0
            Current Accrued Liabilities 1,273.56 1,045.66 888.50 548.46 447.04 408.44 542.26 2,358.68 2,226.49 1,751.51 3,407.53 0 260.40
      Short-Term Debt 387.70 424.52 257.38 301.66 387.18 245.97 854.70 19.12 4,293.93 6,090.77 12,773.03 0 0
      Other Current Liabilities 180.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 0.04 1.03 130.18 10.10 3.21 17.43 26.39 91.32 450.49 2,458.31 8,093.74 10,767.38 7,541.29
      Long-Term Debt 0 0 0 0 0 0 0 0 450.49 2,458.31 8,093.74 0 225.00
      Other Non-Current Liabilities 0.04 1.03 0 0 3.21 0 0 0 0.00 0.00 0.00 0 7,316.29
Equity 874.71 3,060.41 2,720.52 3,379.94 6,579.73 3,420.63 -651.27 -152.42 -4,029.65 1,111.27 -8,158.06 1,893.84 5,052.94
   Shareholders Equity 1,203.36 3,389.06 3,049.00 3,708.42 6,908.21 3,749.11 -322.86 166.72 -3,714.44 1,390.91 -7,878.24 1,893.84 5,000.01
      Capital Stock 0.32 0.24 0.17 0.14 1.39 0.73 0.32 0.13 0.64 3.00 2.46 0.62 0.62
      Share Premium 138,155.39 136,612.04 134,538.71 133,252.58 132,886.70 128,422.23 121,233.90 113,293.83 107,215.98 88,900.16 77,964.86 4,812.50 0
      Retained Earnings -136,952.35 -133,223.22 -131,489.87 -129,544.30 -125,979.88 -124,673.85 -121,557.07 -113,127.24 -110,931.06 -87,512.25 -85,845.57 -2,919.29 4,999.39
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest -328.65 -328.65 -328.48 -328.48 -328.48 -328.48 -328.41 -319.15 -315.21 -279.63 -279.81 0 0
Debt 387.70 424.52 257.38 301.66 387.18 245.97 854.70 19.12 4,744.42 8,549.08 20,866.77 0 225.00
Net Debt 0 0 0 0 0 0 0 0 1,596.72 108.13 8,602.03 0 175.80
Common Shares Outstanding 3,181.07 2,393.26 1,644.73 1,355.77 924.70 7,329.17 3,146.08 1,284.58 6,414.07 29,949.03 24,643.15 6,224.27 6,219.17
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 0 0 1,319.77 0 305.72 789.63 603.10 0
Interest Expense 6.37 3.16 3.86 4.06 1,248.07 1.50 15.02 0.00
Net Interest 0 0 0 0 0 0 0 0.23
Non-Interest Expense 1,279.29 1,198.52 0 1,083.43 0 0 0 0
Operating Expenses 3,741.09 1,750.52 3,287.28 -644.75 2,148.69 3,350.87 5,405.90 292.03
   Selling, General and Administrative Expenses 1,279.29 1,198.52 1,401.76 1,083.43 1,369.78 1,554.86 2,265.81 0
   Research and Development Expenses 2,954.91 1,923.43 1,885.53 1,690.67 778.90 1,796.02 3,140.10 0
   Other Operating Expenses -493.10 -1,371.44 0.00 -3,418.85 0.00 0.00 0.00 292.03
Operating Income -3,741.09 -1,750.52 -1,967.51 644.75 -1,842.96 -2,561.24 -4,802.80 -292.03
Net Non-Operating Income 18.34 20.16 21.94 21.09 -1,273.60 369.43 3,851.88 -1,480.86
EBT -3,729.13 -1,733.52 -1,945.57 661.77 -3,116.56 -2,191.81 -950.92 -1,772.88
Income Tax 0 0 0.00 0 0.00 0.00 0.00 61.28
Net Income Including Non-Controlling Interests -3,729.13 -1,733.52 -1,945.57 661.77 -3,116.85 -2,200.11 -1,666.50 0
Net Income Non-Controlling Interests 0 0.17 0.00 0 0.07 3.94 -0.18 0
Net Income -3,729.13 -1,733.35 -1,945.57 661.77 -3,116.78 -2,196.17 -1,666.69 -1,711.61
EBIT -3,722.76 -1,730.36 -1,941.72 665.83 -1,868.50 -2,190.31 -935.90 -1,772.88
Deprecation and Amortization 0 0 0.00 0 0.00 0.00 0.00 0.00
EBITDA -3,722.76 -1,730.36 0 665.83 0 0 0 0
EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 0 0 0
Average Shares Outstanding Basic 2,886.06 2,202.30 1,401.14 659.36 5,694.47 1,054.20 27,287.62 0
Average Shares Outstanding Diluted 2,886.06 2,202.30 1,401.14 659.36 5,694.47 0 27,287.62 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow -1,866.18 -2,706.87 -1,707.41 -1,020.32 -3,408.40 -3,606.92 -3,437.01 -266.17
   Operating Net Income -3,729.13 -1,733.52 -1,945.57 661.77 -3,116.56 -2,191.81 -950.92 -1,711.61
   Deprecation and Amortization 0 0 0 0 0 0 0 0
   Deferred Income Tax 0 0 0 0 0 0 0 -61.28
   Share Based Compensation 45.86 90.64 16.25 20.82 33.21 117.13 402.43 0
   Change in Working Capital 1,764.21 -1,224.92 83.62 -1,700.56 -1,516.18 -1,154.20 1,341.84 25.86
   Other Operating Activities 52.88 160.93 138.29 -2.34 1,191.13 -378.04 -4,230.36 1,480.86
Investing Cash Flow 0 0 0 0 0 0 4.50 -62.50
   Capital Expenditure 0 0 0.00 0 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 0 0 4.50 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 -62.50
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0 0 0.00 0.00
Financing Cash Flow 1,451.46 1,865.95 1,257.83 4,130.68 5,689.15 1,874.98 -391.27 297.50
   Net Issuance/Repayment of Debt 0 0 0 0 -485.19 -415.35 0 235.00
   Net Issuance/Repurchase of Equity 0 0.00 1,448.00 1,670.00 2,075.22 2,689.05 0 0
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities 1,451.46 1,865.95 -190.18 2,460.68 4,099.12 -398.72 -391.27 62.50
Net Change in Cash -538.36 -840.92 -449.59 3,110.36 2,280.74 -1,731.94 -3,823.78 -31.17
   Cash at Beginning of Period 2,211.57 3,052.49 3,502.08 1,043.23 1,123.60 3,147.70 12,264.74 49.20
   Cash at End of Period 1,673.22 2,211.57 3,052.49 4,153.59 3,404.35 1,415.77 8,440.95 18.03
Free Cash Flow -1,989.82 -2,706.87 0 -1,020.32 0 0 0 0