Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 10.84 9.25 9.73 11.06 -47.95
Price to Sales 2.93 2.91 2.94 2.77 2.62
Book Value Per Common Share 103.71 96.68 42.50
Price to Book 1.18 1.25 3.05
Price to Operating Cash Flow 5.71 6.20 6.81 5.87 5.77
Price to Free Cash Flow
Enterprise Value to EBITDA 55664.38 52721.01 55432.46 52868.56 112391.20
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 14.28 23.32 48.21 13.58 20.70 41.11 13.14 18.64 33.13 11.89 24.43 177.96 17.37 30.56 61.99
Price to Sales 3.60 5.87 12.44 3.86 5.93 12.01 4.13 5.73 11.08 3.43 5.64 17.42 3.70 6.18 11.39
Book Value Per Common Share 55.57 53.45 53.67 51.98 50.98 49.80 47.78 45.12 43.57 40.91
Price to Book 2.02 2.24 2.39 2.37 2.47 2.57 2.65 2.54 2.63 2.73
Price to Operating Cash Flow 8.22 15.14 30.81 7.46 12.43 25.32 8.94 12.04 20.57 8.52 22.35 83.81 8.28 14.11 22.50
Price to Free Cash Flow
Enterprise Value to EBITDA 68999.39 112960.30 240149.29 71498.54 109302.50 215755.45 74928.72 105352.77 194887.44 66177.58 122828.79 498505.68 73724.00 123741.63 230129.11

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -13.47 -1.80 65.75
Revenue YoY -2.02 -5.90 37.87 68.98
EBITDA YoY -6.49 -2.15 39.54 280.00
Net Profit YoY -15.68 -2.13 66.36
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 53.02 92.86 48.85 95.50 57.17 77.46 107.96 574.63 69.23 133.33
Revenue YoY 52.45 96.63 49.10 98.40 53.47 92.21 66.66 185.97 60.83 112.05
EBITDA YoY 52.90 97.21 48.52 93.34 55.47 84.05 88.09 275.93 61.47 113.95
Net Profit YoY 52.39 91.93 48.09 94.47 56.77 76.77 108.60 573.85 69.13 133.97

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 12.53 9.08 10.24 8.97 5.75
Quick Ratio 1.82 1.96 1.59 1.87 1.40
Current Ratio 2.10 2.44 1.90 2.12 1.69
Debt to Equity -0.20 -0.22 0.67 0.72 0.76
Long-Term Debt to Equity -0.29 -0.29 0.45 0.54 0.59
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
Cash Per Common Share 6.48 9.54 12.00 10.76 9.49 9.20 9.17 8.19 8.59 9.04 5.28 6.89 7.40 6.69 5.84
Quick Ratio 1.29 1.49 1.61 1.97 1.75 1.87 1.95 1.88 1.77 1.50 1.18 1.15 1.85 1.47 1.57
Current Ratio 1.62 1.79 1.87 2.31 2.12 2.32 2.43 2.39 2.17 1.78 1.41 1.35 2.11 1.73 1.87
Debt to Equity 0.72 0.58 0.59 0.56 0.55 0.56 0.57 0.58 0.61 0.70 0.71 0.77 0.71 0.77 0.74
Long-Term Debt to Equity 0.56 0.41 0.40 0.41 0.39 0.42 0.42 0.44 0.45 0.46 0.45 0.48 0.55 0.57 0.58

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 13.57 17.32 18.75 12.20
ROE 10.91 13.52 31.31 21.03
Gross Margin
Operating Margin 35.26 40.67 39.22 32.78 -7.54
EBITDA Margin 52.60 55.11 53.00 52.37 23.29
Net Profit Margin 27.02 31.40 30.19 25.02
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 8.20 6.07 3.11 11.16 7.69 3.99 12.84 8.62 4.93 13.54 6.89 1.02 7.21 4.29 1.87
ROE 14.13 9.60 4.96 17.42 11.93 6.25 20.20 13.62 7.95 22.99 11.78 1.81 12.31 7.59 3.26
Gross Margin
Operating Margin 33.08 33.43 33.94 36.96 37.28 38.10 40.76 40.10 43.63 37.82 30.51 13.68 28.37 26.77 25.12
EBITDA Margin 52.11 51.96 51.81 54.01 54.22 55.64 55.13 54.42 56.83 51.85 45.94 34.95 50.13 49.93 49.49
Net Profit Margin 25.18 25.19 25.81 28.44 28.64 29.22 31.44 30.78 33.47 28.88 23.07 9.79 21.27 20.22 18.33

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 47,186,000.00 43,857,000.00 41,371,000.00 38,236,000.00 35,804,601.00
   Current Assets 11,230,000.00 9,935,000.00 10,475,000.00 8,584,000.00 5,862,168.00
      Cash and Short-Term Investments 7,092,000.00 5,278,000.00 5,972,000.00 5,209,000.00 3,328,928.00
            Cash and Cash Equivalents 7,092,000.00 5,278,000.00 5,972,000.00 5,209,000.00 3,328,928.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 2,650,000.00 2,716,000.00 2,774,000.00 2,335,000.00 1,522,256.00
      Inventory 985,000.00 1,275,000.00 1,058,000.00 584,000.00 629,401.00
      Other Current Assets 503,000.00 666,000.00 671,000.00 456,000.00 381,583.00
   Non-Current Assets 35,956,000.00 33,922,000.00 30,896,000.00 29,652,000.00 29,942,433.00
      Property, Plant, Equipment Net 208,653,000.00 193,942,000.00 179,277,000.00 177,973,000.00 171,702,151.00
      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 39,000.00 42,000.00 33,000.00 11,000.00 0
      Other Non-Current Assets -172,736,000.00 -160,062,000.00 -148,414,000.00 -148,332,000.00 -141,759,718.00
Liabilities -11,512,000.00 -12,314,000.00 16,592,000.00 16,056,000.00 15,502,714.00
   Current Liabilities 5,354,000.00 4,074,000.00 5,513,000.00 4,042,000.00 3,460,104.00
      Payables and Expenses 2,464,000.00 2,437,000.00 2,532,000.00 2,242,000.00 1,681,193.00
            Account Payables 2,464,000.00 2,437,000.00 2,532,000.00 2,242,000.00 1,681,193.00
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 847,000.00 359,000.00 1,579,000.00 757,000.00 1,666,143.00
      Other Current Liabilities 2,043,000.00 1,278,000.00 1,402,000.00 1,043,000.00 112,768.00
   Non-Current Liabilities -16,866,000.00 -16,388,000.00 11,079,000.00 12,014,000.00 12,042,610.00
      Long-Term Debt 4,220,000.00 3,765,000.00 3,795,000.00 5,072,000.00 5,035,351.00
      Other Non-Current Liabilities -21,086,000.00 -20,153,000.00 7,284,000.00 6,942,000.00 7,007,259.00
Equity 58,698,000.00 56,171,000.00 24,779,000.00 22,180,000.00 20,301,887.00
   Shareholders Equity 58,698,000.00 56,171,000.00 24,779,000.00 0 0
      Capital Stock 206,000.00 206,000.00 206,000.00 206,000.00 205,837.00
      Share Premium 6,090,000.00 6,166,000.00 6,187,000.00 6,087,000.00 5,945,024.00
      Retained Earnings 26,941,000.00 22,634,000.00 18,472,000.00 15,919,000.00 14,169,969.00
      Treasury Shares 3,882,000.00 907,000.00 78,000.00 20,000.00 6,615.00
      Accumulated Other Comprehensive Income -4,000.00 -9,000.00 -24,000.00 -36,000.00 -36,984.00
   Minority Interest 0 0 0 0 0
Investments 2,184,000.00 2,237,000.00 2,340,000.00 2,130,000.00 0
Debt 5,067,000.00 4,124,000.00 5,374,000.00 5,829,000.00 6,701,494.00
Net Debt 0 0 0 620,000.00 3,372,566.00
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 23,698,000.00 24,186,000.00 25,702,000.00 18,642,000.00 11,032,048.00
   Selling, General and Administrative Expenses 4,482,000.00 2,094,000.00 1,901,000.00 1,646,000.00 1,547,197.00
Operating Income 8,082,000.00 9,603,000.00 9,966,000.00 6,102,000.00 -1,088,032.00
Net Non-Operating Income 136,000.00 86,000.00 -65,000.00 -169,000.00 -390,076.00
Interest Expense 138,000.00 148,000.00 179,000.00 178,000.00 646,686.00
EBT 8,218,000.00 9,689,000.00 9,901,000.00 5,933,000.00 -1,478,108.00
Income Tax 1,815,000.00 2,095,000.00 2,142,000.00 1,269,000.00 268,964.00
Equity Method Investments Income 0 0 46,000.00 18,000.00 -2,000.00
Net Income 6,403,000.00 7,594,000.00 7,759,000.00 4,664,000.00 0
EBIT 8,356,000.00 9,837,000.00 10,080,000.00 6,111,000.00 -831,422.00
Deprecation and Amortization 4,108,000.00 3,492,000.00 3,542,000.00 3,651,000.00 3,400,353.00
EBITDA 12,464,000.00 13,329,000.00 13,622,000.00 9,762,000.00 2,568,931.00
EPS 0.01 0.01 0.01 0.01 -0.00
Diluted EPS 0.01 0.01 0.01 0.01 -0.00
Average Shares Outstanding Basic 566,000.00 581,000.00 583,000.00 581,000.00 578,949.00
Average Shares Outstanding Diluted 569,000.00 584,000.00 587,000.00 584,000.00 578,949.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 12,143,000.00 11,340,000.00 11,093,000.00 8,791,000.00 5,007,783.00
   Operating Net Income 6,403,000.00 7,594,000.00 7,759,000.00 4,664,000.00 -1,209,144.00
   Deprecation and Amortization 4,108,000.00 3,492,000.00 3,542,000.00 3,651,000.00 3,400,353.00
   Deferred Income Tax 467,000.00 683,000.00 -61,000.00 -122,000.00 -186,390.00
   Share Based Compensation 199,000.00 177,000.00 133,000.00 152,000.00 146,396.00
   Change in Working Capital 124,000.00 356,000.00 956,000.00 1,622,000.00 -1,749,956.00
   Other Operating Activities 842,000.00 -962,000.00 -1,236,000.00 -1,176,000.00 4,606,524.00
Investing Cash Flow -5,967,000.00 -6,340,000.00 -5,056,000.00 -3,419,000.00 -3,347,506.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,019,000.00 800,000.00 381,000.00 212,000.00 221,226.00
   Net Purchase/Sale of Investments Net 0 0 30,000.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -6,986,000.00 -7,140,000.00 -5,467,000.00 -3,631,000.00 -3,568,732.00
Financing Cash Flow -4,361,000.00 -5,694,000.00 -5,273,000.00 -3,493,000.00 -359,025.00
   Net Issuance/Repayment of Debt 1,018,000.00 1,282,000.00 35,000.00 824,000.00 2,483,852.00
   Net Issuance/Repurchase of Equity 3,268,000.00 1,058,000.00 146,000.00 60,000.00 32,299.00
   Dividends Paid 2,087,000.00 3,386,000.00 5,148,000.00 2,684,000.00 820,823.00
   Other Financing Activities -10,734,000.00 -11,420,000.00 -10,602,000.00 -7,061,000.00 -3,695,999.00
Net Change in Cash 1,814,000.00 -694,000.00 763,000.00 1,880,000.00 0
   Cash at Beginning of Period 5,278,000.00 5,972,000.00 5,209,000.00 3,329,000.00 0
   Cash at End of Period 7,092,000.00 5,278,000.00 5,972,000.00 5,209,000.00 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 52,199,000.00 46,284,000.00 46,982,000.00 47,186,000.00 46,151,000.00 45,224,000.00 44,796,000.00 43,857,000.00 43,647,000.00 41,487,000.00 41,025,000.00 41,371,000.00 40,487,000.00 38,139,000.00 38,097,000.00 38,236,000.00 37,172,000.00 36,885,000.00 36,171,000.00 35,804,601.00
   Current Assets 7,820,000.00 9,245,000.00 10,680,000.00 11,230,000.00 10,165,000.00 9,803,000.00 9,928,000.00 9,935,000.00 10,258,000.00 8,906,000.00 9,184,000.00 10,475,000.00 10,201,000.00 8,153,000.00 8,479,000.00 8,584,000.00 7,349,000.00 6,935,000.00 6,191,000.00 5,862,168.00
      Cash and Short-Term Investments 3,530,000.00 5,216,000.00 6,599,000.00 7,092,000.00 6,122,000.00 5,431,000.00 5,292,000.00 5,278,000.00 5,326,000.00 4,764,000.00 5,018,000.00 5,972,000.00 5,272,000.00 3,073,000.00 4,009,000.00 5,209,000.00 4,293,000.00 3,880,000.00 3,388,000.00 3,328,928.00
            Cash and Cash Equivalents 3,530,000.00 5,216,000.00 6,599,000.00 7,092,000.00 6,122,000.00 5,431,000.00 5,292,000.00 5,278,000.00 5,326,000.00 4,764,000.00 5,018,000.00 5,972,000.00 5,272,000.00 3,073,000.00 4,009,000.00 5,209,000.00 4,293,000.00 3,880,000.00 3,388,000.00 3,328,928.00
            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 2,680,000.00 2,504,000.00 2,621,000.00 2,650,000.00 2,545,000.00 2,657,000.00 2,688,000.00 2,716,000.00 2,927,000.00 2,263,000.00 2,455,000.00 2,774,000.00 3,343,000.00 3,735,000.00 3,213,000.00 2,335,000.00 2,154,000.00 2,015,000.00 1,828,000.00 1,522,256.00
      Inventory 945,000.00 934,000.00 897,000.00 985,000.00 1,038,000.00 1,069,000.00 1,154,000.00 1,275,000.00 1,379,000.00 1,355,000.00 1,131,000.00 1,058,000.00 872,000.00 739,000.00 586,000.00 584,000.00 521,000.00 516,000.00 562,000.00 629,401.00
      Other Current Assets 665,000.00 591,000.00 563,000.00 503,000.00 460,000.00 646,000.00 794,000.00 666,000.00 626,000.00 524,000.00 580,000.00 671,000.00 714,000.00 606,000.00 671,000.00 456,000.00 381,000.00 524,000.00 413,000.00 381,583.00
   Non-Current Assets 44,379,000.00 37,039,000.00 36,302,000.00 35,956,000.00 35,986,000.00 35,421,000.00 34,868,000.00 33,922,000.00 33,389,000.00 32,581,000.00 31,841,000.00 30,896,000.00 30,286,000.00 29,986,000.00 29,618,000.00 29,652,000.00 29,823,000.00 29,950,000.00 29,980,000.00 29,942,433.00
      Property, Plant, Equipment Net 239,503,000.00 215,487,000.00 211,026,000.00 208,653,000.00 170,716,000.00 167,464,000.00 164,016,000.00 193,942,000.00 157,525,000.00 154,202,000.00 151,117,000.00 179,277,000.00 148,107,000.00 146,782,000.00 145,219,000.00 177,973,000.00 148,130,000.00 146,503,000.00 145,060,000.00 171,702,151.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 37,000.00 39,000.00 44,000.00 39,000.00 42,000.00 44,000.00 38,000.00 42,000.00 33,000.00 33,000.00 31,000.00 33,000.00 18,000.00 12,000.00 13,000.00 11,000.00 14,000.00 3,000.00 4,000.00 0
      Other Non-Current Assets -195,161,000.00 -178,487,000.00 -174,768,000.00 -172,736,000.00 -134,772,000.00 -132,087,000.00 -129,186,000.00 -160,062,000.00 -124,169,000.00 -121,654,000.00 -119,307,000.00 -148,414,000.00 -117,839,000.00 -116,808,000.00 -115,614,000.00 -148,332,000.00 -118,321,000.00 -116,556,000.00 -115,084,000.00 -141,759,718.00
Liabilities 21,914,000.00 17,046,000.00 17,466,000.00 -11,512,000.00 16,577,000.00 16,065,000.00 16,160,000.00 -12,314,000.00 15,889,000.00 15,230,000.00 15,578,000.00 16,592,000.00 16,638,000.00 15,827,000.00 16,557,000.00 16,056,000.00 15,407,000.00 16,004,000.00 15,409,000.00 15,502,714.00
   Current Liabilities 4,815,000.00 5,175,000.00 5,719,000.00 5,354,000.00 4,406,000.00 4,628,000.00 4,273,000.00 4,074,000.00 4,225,000.00 3,731,000.00 4,228,000.00 5,513,000.00 5,746,000.00 5,768,000.00 6,264,000.00 4,042,000.00 3,484,000.00 4,002,000.00 3,312,000.00 3,460,104.00
      Payables and Expenses 2,944,000.00 2,266,000.00 2,353,000.00 2,464,000.00 2,290,000.00 2,436,000.00 2,389,000.00 2,437,000.00 2,464,000.00 2,205,000.00 2,438,000.00 2,532,000.00 2,718,000.00 2,896,000.00 2,660,000.00 2,242,000.00 1,972,000.00 2,012,000.00 1,945,000.00 1,681,193.00
            Account Payables 2,944,000.00 2,266,000.00 2,353,000.00 2,464,000.00 2,290,000.00 2,436,000.00 2,389,000.00 2,437,000.00 2,464,000.00 2,205,000.00 2,438,000.00 2,532,000.00 2,718,000.00 2,896,000.00 2,660,000.00 2,242,000.00 1,972,000.00 2,012,000.00 1,945,000.00 1,681,193.00
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 460,000.00 1,138,000.00 1,598,000.00 847,000.00 872,000.00 1,337,000.00 352,000.00 359,000.00 371,000.00 369,000.00 387,000.00 1,579,000.00 1,517,000.00 1,498,000.00 1,506,000.00 757,000.00 288,000.00 292,000.00 308,000.00 1,666,143.00
      Other Current Liabilities 1,411,000.00 1,771,000.00 1,768,000.00 2,043,000.00 1,244,000.00 855,000.00 1,532,000.00 1,278,000.00 1,390,000.00 1,157,000.00 1,403,000.00 1,402,000.00 1,511,000.00 1,374,000.00 2,098,000.00 1,043,000.00 1,224,000.00 1,698,000.00 1,059,000.00 112,768.00
   Non-Current Liabilities 17,099,000.00 11,871,000.00 11,747,000.00 -16,866,000.00 12,171,000.00 11,437,000.00 11,887,000.00 -16,388,000.00 11,664,000.00 11,499,000.00 11,350,000.00 11,079,000.00 10,892,000.00 10,059,000.00 10,293,000.00 12,014,000.00 11,923,000.00 12,002,000.00 12,097,000.00 12,042,610.00
      Long-Term Debt 7,667,000.00 3,458,000.00 3,464,000.00 4,220,000.00 3,742,000.00 3,250,000.00 3,757,000.00 3,765,000.00 3,772,000.00 3,780,000.00 3,787,000.00 3,795,000.00 3,802,000.00 3,809,000.00 3,816,000.00 5,072,000.00 5,079,000.00 5,086,000.00 5,094,000.00 5,035,351.00
      Other Non-Current Liabilities 9,432,000.00 8,413,000.00 8,283,000.00 -21,086,000.00 8,429,000.00 8,187,000.00 8,130,000.00 -20,153,000.00 7,892,000.00 7,719,000.00 7,563,000.00 7,284,000.00 7,090,000.00 6,250,000.00 6,477,000.00 6,942,000.00 6,844,000.00 6,916,000.00 7,003,000.00 7,007,259.00
Equity 30,285,000.00 29,238,000.00 29,516,000.00 58,698,000.00 29,574,000.00 29,159,000.00 28,636,000.00 56,171,000.00 27,758,000.00 26,257,000.00 25,447,000.00 24,779,000.00 23,849,000.00 22,312,000.00 21,540,000.00 22,180,000.00 21,765,000.00 20,881,000.00 20,762,000.00 20,301,887.00
   Shareholders Equity 30,285,000.00 29,238,000.00 29,516,000.00 58,698,000.00 29,574,000.00 29,159,000.00 28,636,000.00 56,171,000.00 27,758,000.00 26,257,000.00 25,447,000.00 24,779,000.00 23,849,000.00 0 0 0 0 0 0 0
      Capital Stock 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 206,000.00 205,837.00
      Share Premium 5,978,000.00 6,153,000.00 6,095,000.00 6,090,000.00 6,058,000.00 6,219,000.00 6,188,000.00 6,166,000.00 6,133,000.00 6,257,000.00 6,219,000.00 6,187,000.00 6,155,000.00 6,128,000.00 6,095,000.00 6,087,000.00 6,058,000.00 6,017,000.00 5,979,000.00 5,945,024.00
      Retained Earnings 29,603,000.00 28,131,000.00 27,869,000.00 26,941,000.00 26,231,000.00 25,071,000.00 23,897,000.00 22,634,000.00 22,047,000.00 20,497,000.00 19,423,000.00 18,472,000.00 17,563,000.00 16,028,000.00 15,283,000.00 15,919,000.00 15,542,000.00 14,689,000.00 14,606,000.00 14,169,969.00
      Treasury Shares 5,497,000.00 5,245,000.00 4,650,000.00 3,882,000.00 2,912,000.00 2,329,000.00 1,647,000.00 907,000.00 621,000.00 694,000.00 393,000.00 78,000.00 69,000.00 38,000.00 31,000.00 20,000.00 28,000.00 16,000.00 15,000.00 6,615.00
      Accumulated Other Comprehensive Income -5,000.00 -7,000.00 -4,000.00 -4,000.00 -9,000.00 -8,000.00 -8,000.00 -9,000.00 -7,000.00 -9,000.00 -8,000.00 -24,000.00 -6,000.00 -12,000.00 -13,000.00 -36,000.00 -13,000.00 -15,000.00 -14,000.00 -36,984.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 2,184,000.00 0 0 0 2,237,000.00 0 0 0 2,340,000.00 0 0 0 2,130,000.00 0 0 0 0
Debt 8,127,000.00 4,596,000.00 5,062,000.00 5,067,000.00 4,614,000.00 4,587,000.00 4,109,000.00 4,124,000.00 4,143,000.00 4,149,000.00 4,174,000.00 5,374,000.00 5,319,000.00 5,307,000.00 5,322,000.00 5,829,000.00 5,367,000.00 5,378,000.00 5,402,000.00 6,701,494.00
Net Debt 4,597,000.00 0 0 0 0 0 0 0 0 0 0 0 47,000.00 2,234,000.00 1,313,000.00 620,000.00 1,074,000.00 1,498,000.00 2,014,000.00 3,372,566.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 16,994,000.00 11,147,000.00 5,669,000.00 -12,686,000.00 18,113,000.00 12,148,000.00 6,123,000.00 -11,304,000.00 17,829,000.00 11,617,000.00 6,044,000.00 -8,654,000.00 18,983,000.00 11,390,000.00 3,983,000.00 -5,483,000.00 12,598,000.00 7,833,000.00 3,694,000.00
   Selling, General and Administrative Expenses 3,648,000.00 2,308,000.00 1,144,000.00 1,167,000.00 1,658,000.00 1,099,000.00 558,000.00 -928,000.00 1,524,000.00 994,000.00 504,000.00 -826,000.00 1,391,000.00 894,000.00 442,000.00 -686,000.00 1,182,000.00 770,000.00 380,000.00
Operating Income 5,442,000.00 3,606,000.00 1,859,000.00 -26,862,000.00 19,470,000.00 13,203,000.00 2,271,000.00 -33,036,000.00 21,297,000.00 13,626,000.00 7,716,000.00 -22,266,000.00 21,339,000.00 10,347,000.00 546,000.00 -507,000.00 3,574,000.00 2,103,000.00 932,000.00
Net Non-Operating Income 10,000.00 22,000.00 18,000.00 21,726,000.00 -12,876,000.00 -8,743,000.00 29,000.00 28,395,000.00 -14,143,000.00 -9,045,000.00 -5,121,000.00 21,249,000.00 -14,297,000.00 -6,968,000.00 -49,000.00 120,000.00 -140,000.00 -98,000.00 -51,000.00
Interest Expense 169,000.00 98,000.00 47,000.00 -64,000.00 100,000.00 69,000.00 33,000.00 -84,000.00 113,000.00 77,000.00 42,000.00 -102,000.00 137,000.00 96,000.00 48,000.00 -101,000.00 140,000.00 92,000.00 47,000.00
EBT 5,452,000.00 3,628,000.00 1,877,000.00 -5,136,000.00 6,594,000.00 4,460,000.00 2,300,000.00 -4,641,000.00 7,154,000.00 4,581,000.00 2,595,000.00 -1,017,000.00 7,042,000.00 3,379,000.00 497,000.00 -387,000.00 3,434,000.00 2,005,000.00 881,000.00
Income Tax 1,173,000.00 820,000.00 414,000.00 -1,119,000.00 1,442,000.00 981,000.00 511,000.00 -1,030,000.00 1,548,000.00 1,005,000.00 572,000.00 -276,000.00 1,560,000.00 751,000.00 107,000.00 -111,000.00 755,000.00 421,000.00 204,000.00
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0 46,000.00 0 0 0 18,000.00 0 0 0
Net Income 4,279,000.00 2,808,000.00 1,463,000.00 -4,017,000.00 5,152,000.00 3,479,000.00 1,789,000.00 -3,611,000.00 5,606,000.00 3,576,000.00 2,023,000.00 -741,000.00 5,482,000.00 2,628,000.00 390,000.00 -276,000.00 2,679,000.00 1,584,000.00 677,000.00
EBIT 5,621,000.00 3,726,000.00 1,924,000.00 -5,200,000.00 6,694,000.00 4,529,000.00 2,333,000.00 -4,725,000.00 7,267,000.00 4,658,000.00 2,637,000.00 -1,119,000.00 7,179,000.00 3,475,000.00 545,000.00 -488,000.00 3,574,000.00 2,097,000.00 928,000.00
Deprecation and Amortization 3,235,000.00 2,066,000.00 1,013,000.00 -2,113,000.00 3,089,000.00 2,058,000.00 1,074,000.00 -1,532,000.00 2,562,000.00 1,664,000.00 798,000.00 -1,727,000.00 2,664,000.00 1,758,000.00 847,000.00 -1,804,000.00 2,741,000.00 1,814,000.00 900,000.00
EBITDA 8,856,000.00 5,792,000.00 2,937,000.00 -7,313,000.00 9,783,000.00 6,587,000.00 3,407,000.00 -6,257,000.00 9,829,000.00 6,322,000.00 3,435,000.00 -2,846,000.00 9,843,000.00 5,233,000.00 1,392,000.00 -2,292,000.00 6,315,000.00 3,911,000.00 1,828,000.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 545,000.00 547,000.00 550,000.00 548,000.00 569,000.00 572,000.00 575,000.00 577,000.00 581,000.00 582,000.00 584,000.00 585,000.00 583,000.00 582,000.00 582,000.00 584,000.00 580,000.00 580,000.00 580,000.00
Average Shares Outstanding Diluted 548,000.00 549,000.00 553,000.00 551,000.00 573,000.00 575,000.00 577,000.00 579,000.00 584,000.00 586,000.00 587,000.00 588,000.00 587,000.00 587,000.00 586,000.00 586,000.00 584,000.00 583,000.00 583,000.00
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 7,432,000.00 4,321,000.00 2,289,000.00 -5,932,000.00 9,380,000.00 5,792,000.00 2,903,000.00 -5,683,000.00 8,236,000.00 5,532,000.00 3,255,000.00 -260,000.00 7,649,000.00 2,876,000.00 828,000.00 -2,133,000.00 5,625,000.00 3,429,000.00 1,870,000.00
   Operating Net Income 4,279,000.00 2,808,000.00 1,463,000.00 -4,017,000.00 5,152,000.00 3,479,000.00 1,789,000.00 -3,611,000.00 5,606,000.00 3,576,000.00 2,023,000.00 -741,000.00 5,482,000.00 2,628,000.00 390,000.00 -276,000.00 2,679,000.00 1,584,000.00 677,000.00
   Deprecation and Amortization 3,235,000.00 2,066,000.00 1,013,000.00 -2,113,000.00 3,089,000.00 2,058,000.00 1,074,000.00 -1,532,000.00 2,562,000.00 1,664,000.00 798,000.00 -1,727,000.00 2,664,000.00 1,758,000.00 847,000.00 -1,804,000.00 2,741,000.00 1,814,000.00 900,000.00
   Deferred Income Tax 427,000.00 149,000.00 44,000.00 -606,000.00 547,000.00 327,000.00 199,000.00 -463,000.00 484,000.00 428,000.00 234,000.00 1,211,000.00 -240,000.00 -567,000.00 -465,000.00 291,000.00 -244,000.00 -133,000.00 -36,000.00
   Share Based Compensation 156,000.00 103,000.00 50,000.00 -84,000.00 148,000.00 90,000.00 45,000.00 -52,000.00 126,000.00 69,000.00 34,000.00 -66,000.00 99,000.00 65,000.00 35,000.00 -66,000.00 117,000.00 66,000.00 35,000.00
   Change in Working Capital -1,080,000.00 -1,159,000.00 -645,000.00 379,000.00 -281,000.00 -150,000.00 176,000.00 -167,000.00 897,000.00 -409,000.00 35,000.00 -371,000.00 1,367,000.00 362,000.00 -402,000.00 -555,000.00 683,000.00 821,000.00 673,000.00
   Other Operating Activities 415,000.00 354,000.00 364,000.00 509,000.00 725,000.00 -12,000.00 -380,000.00 142,000.00 -1,439,000.00 204,000.00 131,000.00 1,434,000.00 -1,723,000.00 -1,370,000.00 423,000.00 277,000.00 -351,000.00 -723,000.00 -379,000.00
Investing Cash Flow -9,174,000.00 -3,211,000.00 -1,430,000.00 3,451,000.00 -4,691,000.00 -3,130,000.00 -1,597,000.00 3,377,000.00 -4,841,000.00 -3,309,000.00 -1,567,000.00 2,002,000.00 -3,659,000.00 -2,443,000.00 -956,000.00 1,633,000.00 -2,582,000.00 -1,649,000.00 -821,000.00
   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 367,000.00 196,000.00 102,000.00 -896,000.00 902,000.00 663,000.00 350,000.00 -656,000.00 638,000.00 499,000.00 319,000.00 -82,000.00 248,000.00 145,000.00 70,000.00 -74,000.00 147,000.00 97,000.00 42,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 -30,000.00 30,000.00 30,000.00 0 0 0 0 0
   Net Purchase/Sale of Business 4,464,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -14,005,000.00 -3,407,000.00 -1,532,000.00 4,347,000.00 -5,593,000.00 -3,793,000.00 -1,947,000.00 4,033,000.00 -5,479,000.00 -3,808,000.00 -1,886,000.00 2,114,000.00 -3,937,000.00 -2,618,000.00 -1,026,000.00 1,707,000.00 -2,729,000.00 -1,746,000.00 -863,000.00
Financing Cash Flow -1,820,000.00 -2,987,000.00 -1,352,000.00 3,285,000.00 -3,845,000.00 -2,509,000.00 -1,292,000.00 4,420,000.00 -4,041,000.00 -3,431,000.00 -2,642,000.00 2,294,000.00 -3,926,000.00 -2,569,000.00 -1,072,000.00 803,000.00 -2,079,000.00 -1,229,000.00 -988,000.00
   Net Issuance/Repayment of Debt 5,263,000.00 517,000.00 8,000.00 968,000.00 25,000.00 17,000.00 8,000.00 -2,516,000.00 1,274,000.00 1,266,000.00 1,258,000.00 -21,000.00 27,000.00 19,000.00 10,000.00 -1,453,000.00 777,000.00 750,000.00 750,000.00
   Net Issuance/Repurchase of Equity 1,898,000.00 1,419,000.00 806,000.00 -1,224,000.00 2,264,000.00 1,469,000.00 759,000.00 -625,000.00 738,000.00 628,000.00 317,000.00 -88,000.00 112,000.00 75,000.00 47,000.00 -13,000.00 42,000.00 21,000.00 10,000.00
   Dividends Paid 1,611,000.00 1,066,000.00 538,000.00 -1,061,000.00 1,578,000.00 1,045,000.00 525,000.00 -1,269,000.00 2,041,000.00 1,547,000.00 1,067,000.00 -2,205,000.00 3,821,000.00 2,509,000.00 1,023,000.00 729,000.00 1,278,000.00 458,000.00 219,000.00
   Other Financing Activities -10,592,000.00 -5,989,000.00 -2,704,000.00 4,602,000.00 -7,712,000.00 -5,040,000.00 -2,584,000.00 8,830,000.00 -8,094,000.00 -6,872,000.00 -5,284,000.00 4,608,000.00 -7,886,000.00 -5,172,000.00 -2,152,000.00 1,540,000.00 -4,176,000.00 -2,458,000.00 -1,967,000.00
Net Change in Cash -3,562,000.00 -1,876,000.00 -493,000.00 803,000.00 844,000.00 153,000.00 14,000.00 2,114,000.00 -646,000.00 -1,208,000.00 -954,000.00 4,036,000.00 63,000.00 -2,136,000.00 -1,200,000.00 365,000.00 964,000.00 551,000.00 0
   Cash at Beginning of Period 7,092,000.00 7,092,000.00 7,092,000.00 6,289,000.00 5,278,000.00 5,278,000.00 5,278,000.00 3,164,000.00 5,972,000.00 5,972,000.00 5,972,000.00 1,936,000.00 5,209,000.00 5,209,000.00 5,209,000.00 4,844,000.00 3,329,000.00 3,329,000.00 0
   Cash at End of Period 3,530,000.00 5,216,000.00 6,599,000.00 7,092,000.00 6,122,000.00 5,431,000.00 5,292,000.00 5,278,000.00 5,326,000.00 4,764,000.00 5,018,000.00 5,972,000.00 5,272,000.00 3,073,000.00 4,009,000.00 5,209,000.00 4,293,000.00 3,880,000.00 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0