Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 102.47 8.48 7.06 -6.16
Price to Sales 3.93 2.13 1.03 1.04
Book Value Per Common Share 40.42 38.78 30.19 31.03
Price to Book 1.14 1.00 1.12 0.70
Price to Operating Cash Flow 8.31 4.63 3.61 4.24
Price to Free Cash Flow
Enterprise Value to EBITDA 32685.25 36313.57
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 24.30 34.11 133.58 -93.95 142.23 154.46 12.15 12.93 9.47 254.69 -20.48 -8.50 -2.11 -6.36 -123.87
Price to Sales 4.59 7.09 13.23 4.82 6.89 11.53 3.08 4.04 4.33 1.59 2.19 5.18 1.56 2.81 4.58
Book Value Per Common Share 38.13 35.79 34.65 42.33 34.30 34.51 38.49 33.19 33.51 25.91 24.36 21.89 27.05 29.72 33.06
Price to Book 1.43 1.63 1.54 0.87 1.08 1.07 1.05 1.24 0.95 1.57 1.41 1.57 0.76 0.75 0.56
Price to Operating Cash Flow 8.26 11.70 18.35 8.50 11.03 14.10 5.86 7.08 6.94 6.30 10.22 12.61 12.69 14.01 12.96
Price to Free Cash Flow
Enterprise Value to EBITDA 40620.43 64267.90 134851.30 147839.93 141084.01 243703.40 52938.61 62855.83 57382.86 130619.87

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -90.13 -4.80
Revenue YoY -13.48 -42.97 78.04 122.44
EBITDA YoY 77.28
Net Profit YoY -86.71 -2.02
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
Earning YoY 30.99 327.50 8.33 5.03 -5.64 306263.64
Revenue YoY 46.15 103.96 54.29 67.45 32.23 38.28 63.13 135.33 80.77 95.31
EBITDA YoY 49.80 129.26 -43.25 3.06 72.81 19.48 17.75
Net Profit YoY 32.73 323.84 166.14 9.20 7.05 -5.47 -68.37

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.40 0.21 3.94 0.35
Quick Ratio 0.53 0.44 0.82 0.31
Current Ratio 0.76 0.99 1.08 0.45
Debt to Equity 0.14 0.71 1.02 1.15
Long-Term Debt to Equity 0.12 0.57 0.69 0.65
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 0.39 0.93 0.47 0.19 0.07 1.47 0.18 3.36 5.89 0.24 0.12 0.05 0.07 1.19 0.15
Quick Ratio 0.47 0.60 0.49 0.32 0.37 0.46 0.29 0.77 1.03 0.31 0.29 0.16 0.16 0.27 0.41
Current Ratio 0.58 0.71 0.57 0.51 0.73 0.88 0.59 1.11 1.48 0.59 0.57 0.40 0.46 0.59 0.75
Debt to Equity 0.14 0.14 0.15 0.95 0.63 0.68 0.73 0.77 0.87 1.33 1.49 1.66 1.79 1.29 0.95
Long-Term Debt to Equity 0.12 0.12 0.12 0.85 0.52 0.52 0.58 0.58 0.65 0.65 0.70 0.73 0.91 0.84 0.76

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 0.18 6.86 7.81 -0.06
ROE 0.21 11.74 15.79 -0.13
Gross Margin -7.91 68.78 82.52 71.46
Operating Margin 12.03 33.63 21.33 -19.09
EBITDA Margin 120.27 58.70
Net Profit Margin 3.86 25.12 14.62 -0.19
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 1.13 0.89 0.21 0.75 0.46 0.41 5.02 5.41 5.37 0.26 -2.76 -6.95 -12.85 -5.15 -0.22
ROE 1.28 1.02 0.24 1.47 0.75 0.68 8.68 9.56 10.03 0.61 -6.87 -18.47 -35.80 -11.77 -0.44
Gross Margin 39.23 40.54 40.17 58.09 53.98 61.40 67.26 71.79 80.65 83.27 81.96 79.24 64.82 58.81 60.58
Operating Margin 32.72 34.70 21.18 -9.63 8.56 12.87 32.84 43.04 60.97 2.68 -11.00 -76.91 -93.91 -53.77 1.73
EBITDA Margin 113.02 110.26 98.10 32.63 48.85 47.33 58.12 64.32 75.54 -63.85 -19.49 35.08
Net Profit Margin 18.92 20.83 10.03 8.24 4.78 7.33 25.34 31.30 45.79 0.62 -10.68 -60.97 -74.06 -44.23 -3.58

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 2024-09-30 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 126,278,877.00 25,285,098.00 22,669,926.00 21,607,388.00 18,113,469.00
   Current Assets 1,918,707.00 2,012,975.00 4,014,441.00 2,286,766.00 1,215,450.00
      Cash and Short-Term Investments 202,093.00 80,977.00 1,458,644.00 113,963.00 18,210.00
            Cash and Cash Equivalents 202,093.00 80,977.00 1,458,644.00 113,963.00 18,210.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,132,608.00 823,695.00 1,608,089.00 1,438,031.00 566,552.00
      Inventory 0 0 0 0 0
      Other Current Assets 584,006.00 1,108,303.00 947,708.00 734,772.00 630,688.00
   Non-Current Assets 124,360,170.00 23,272,123.00 18,655,485.00 19,320,622.00 16,898,019.00
      Property, Plant, Equipment Net 138,520,054.00 69,722,138.00 56,565,038.00 54,464,284.00 46,304,098.00
      Goodwill 5,376,704.00 0 0 0 0
      Intangible Assets 215,257.00 0 0 0 108,689.00
      Long-Term Investments 10,686,857.00 56,600.00 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -30,438,702.00 -46,506,615.00 -37,909,553.00 -35,143,662.00 -29,514,768.00
Liabilities 15,622,936.00 10,504,281.00 11,456,598.00 11,561,625.00 8,850,739.00
   Current Liabilities 2,530,852.00 2,036,840.00 3,732,220.00 5,080,171.00 1,762,410.00
      Payables and Expenses 1,459,513.00 1,334,913.00 1,659,365.00 1,426,006.00 750,080.00
            Account Payables 1,344,813.00 1,272,522.00 1,574,610.00 1,339,251.00 705,461.00
            Current Accrued Liabilities 114,700.00 62,391.00 84,755.00 86,755.00 44,619.00
      Short-Term Debt 320,800.00 292,432.00 422,632.00 1,060,972.00 154,161.00
      Other Current Liabilities 750,539.00 409,495.00 1,650,223.00 2,593,193.00 858,169.00
   Non-Current Liabilities 13,092,084.00 8,467,441.00 7,724,378.00 6,481,454.00 7,088,329.00
      Long-Term Debt 150,000.00 1,244,265.00 5,256,333.00 0 300,000.00
      Other Non-Current Liabilities 12,942,084.00 7,223,176.00 2,468,045.00 0 6,788,329.00
Equity 110,655,941.00 14,780,817.00 11,213,328.00 10,045,763.00 9,262,730.00
   Shareholders Equity 20,597,628.00 14,773,200.00 11,172,474.00 10,029,527.00 9,255,240.00
      Capital Stock 18,014,711.00 12,093,986.00 9,891,890.00 10,071,818.00 8,241,684.00
      Share Premium 0 0 0 0 0
      Retained Earnings 2,585,238.00 2,681,898.00 1,283,578.00 -94,400.00 1,048,259.00
      Treasury Shares 0 0 0 18,046.00 29,348.00
      Accumulated Other Comprehensive Income -2,321.00 -2,684.00 -2,994.00 -4,611.00 -5,355.00
   Minority Interest 3,680,508.00 7,617.00 40,854.00 16,236.00 7,490.00
Investments 10,686,857.00 56,600.00 0 0 0
Debt 9,324,177.00 5,795,113.00 5,678,965.00 5,591,074.00 4,925,466.00
Net Debt 9,122,084.00 5,714,136.00 4,220,321.00 5,477,111.00 4,907,256.00
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 5,977,826.00 6,908,923.00 12,114,168.00 6,804,020.00 3,058,843.00
Cost Of Revenue 6,450,942.00 2,157,260.00 2,116,976.00 1,942,165.00 1,710,734.00
Gross Profit -473,116.00 4,751,663.00 9,997,192.00 4,861,855.00 1,348,109.00
Operating Expenses -2,920,067.00 2,437,252.00 7,279,195.00 6,222,830.00 2,225,775.00
   Selling, General and Administrative Expenses 973,918.00 236,171.00 252,645.00 196,315.00 174,769.00
   Other Operating Expenses -3,893,985.00 2,201,081.00 7,026,550.00 6,026,515.00 2,051,006.00
Operating Income 2,446,951.00 2,314,411.00 2,717,997.00 -1,360,975.00 -877,666.00
Net Non-Operating Income -2,182,757.00 -210,913.00 -383,335.00 -227,713.00 -388,368.00
Interest Expense 454,825.00 219,660.00 249,655.00 289,753.00 271,200.00
EBT 264,194.00 2,103,498.00 2,334,662.00 -1,588,688.00 -1,266,034.00
Income Tax 22,079.00 368,954.00 553,720.00 428,037.00 298,858.00
Net Income Including Non-Controlling Interests 219,039.00 1,735,920.00 1,760,988.00 -14,258.00 -967,156.00
Net Income Non-Controlling Interests 11,538.00 -688.00 9,977.00 1,246.00 -10.00
Net Income 230,577.00 1,735,232.00 1,770,965.00 -13,012.00 -967,166.00
EBIT 719,019.00 2,323,158.00 2,584,317.00 -1,298,935.00 -994,834.00
Deprecation and Amortization 6,470,289.00 1,732,142.00 0.00 0.00 26,006.00
EBITDA 7,189,308.00 4,055,300.00 0 0 -968,828.00
EPS 0.00 0.00 0.00 -0.00 0
Diluted EPS 0.00 0.00 0.00 -0.00 0
Average Shares Outstanding Basic 509,597.00 380,902.00 370,048.00 323,196.00 0
Average Shares Outstanding Diluted 514,593.00 413,224.00 406,495.00 323,196.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 2,826,973.00 3,178,850.00 3,465,560.00 1,662,448.00 1,537,701.00
   Operating Net Income 242,115.00 1,734,544.00 1,780,942.00 -2,322,038.00 -1,934,352.00
   Deprecation and Amortization 6,470,289.00 1,732,142.00 0 0 26,006.00
   Deferred Income Tax 14,732.00 384,666.00 534,612.00 -433,608.00 -155,840.00
   Share Based Compensation 158,344.00 49,834.00 45,201.00 28,169.00 19,552.00
   Change in Working Capital 322,214.00 -1,367,579.00 301,861.00 1,255,989.00 -247,032.00
   Other Operating Activities -4,380,721.00 645,243.00 802,944.00 3,133,936.00 3,829,367.00
Investing Cash Flow -1,579,982.00 -4,313,655.00 -1,421,753.00 -2,072,742.00 -1,555,800.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 2,253,709.00 2,019,037.00 1,409,015.00 1,057,580.00 1,168,311.00
   Net Purchase/Sale of Investments Net 80.00 26,937.00 13,784.00 14,196.00 30.00
   Net Purchase/Sale of Business 1,022,314.00 2,271,881.00 339,249.00 1,054,608.00 744,265.00
   Other Investing Activities -4,856,085.00 -8,631,510.00 -3,183,801.00 -4,199,126.00 -3,468,406.00
Financing Cash Flow -1,125,875.00 -242,862.00 -699,126.00 506,047.00 31,713.00
   Net Issuance/Repayment of Debt 19,402,067.00 4,279,836.00 22,401,039.00 17,626,336.00 11,652,762.00
   Net Issuance/Repurchase of Equity 0 201,029.00 409,485.00 12,922.00 340,923.00
   Dividends Paid 326,581.00 228,339.00 203,629.00 0 7,664.00
   Other Financing Activities -20,854,523.00 -4,952,066.00 -23,713,279.00 -17,133,211.00 -11,969,636.00
Net Change in Cash 121,116.00 -1,377,667.00 1,344,681.00 95,753.00 13,614.00
   Cash at Beginning of Period 80,977.00 1,458,644.00 113,963.00 18,210.00 4,596.00
   Cash at End of Period 202,093.00 80,977.00 1,458,644.00 113,963.00 18,210.00
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 120,654,636.00 115,288,071.00 115,991,742.00 126,278,877.00 39,945,589.00 24,706,469.00 25,438,320.00 25,285,098.00 24,554,988.00 21,273,477.00 22,690,454.00 22,669,926.00 22,541,137.00 22,621,664.00 21,814,611.00 21,607,388.00 23,011,720.00 18,985,257.00 18,039,404.00 18,113,469.00
   Current Assets 1,266,992.00 1,631,336.00 1,739,099.00 1,918,707.00 1,082,292.00 1,229,827.00 2,095,779.00 2,012,975.00 1,247,238.00 2,425,569.00 3,949,554.00 4,014,441.00 3,902,467.00 4,085,629.00 3,025,930.00 2,286,766.00 3,340,899.00 2,168,655.00 1,313,705.00 1,215,450.00
      Cash and Short-Term Investments 235,736.00 555,492.00 281,764.00 202,093.00 88,980.00 29,974.00 648,048.00 80,977.00 64,750.00 1,215,492.00 2,127,262.00 1,458,644.00 87,541.00 43,745.00 16,913.00 113,963.00 22,792.00 330,770.00 40,670.00 18,210.00
            Cash and Cash Equivalents 235,736.00 555,492.00 281,764.00 202,093.00 88,980.00 29,974.00 648,048.00 80,977.00 64,750.00 1,215,492.00 2,127,262.00 1,458,644.00 87,541.00 43,745.00 16,913.00 113,963.00 22,792.00 330,770.00 40,670.00 18,210.00
            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 803,909.00 817,402.00 1,206,163.00 1,132,608.00 577,599.00 586,995.00 445,156.00 823,695.00 559,348.00 475,211.00 628,132.00 1,608,089.00 1,938,717.00 2,058,953.00 1,212,596.00 1,438,031.00 1,132,364.00 651,568.00 682,496.00 566,552.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 227,347.00 258,442.00 251,172.00 584,006.00 415,713.00 612,858.00 1,002,575.00 1,108,303.00 623,140.00 734,866.00 1,194,160.00 947,708.00 1,876,209.00 1,982,931.00 1,796,421.00 734,772.00 2,185,743.00 1,186,317.00 590,539.00 630,688.00
   Non-Current Assets 119,387,644.00 113,656,735.00 114,252,643.00 124,360,170.00 38,863,297.00 23,476,642.00 23,342,541.00 23,272,123.00 23,307,750.00 18,847,908.00 18,740,900.00 18,655,485.00 18,638,670.00 18,536,035.00 18,788,681.00 19,320,622.00 19,670,821.00 16,816,602.00 16,725,699.00 16,898,019.00
      Property, Plant, Equipment Net 47,904,599.00 45,260,546.00 44,874,102.00 138,520,054.00 44,884,752.00 34,953,757.00 34,360,921.00 69,722,138.00 33,313,666.00 28,299,959.00 27,831,803.00 56,565,038.00 26,978,974.00 26,640,549.00 26,304,423.00 54,464,284.00 25,890,930.00 22,497,579.00 22,168,856.00 46,304,098.00
      Goodwill 5,356,707.00 5,356,707.00 5,368,901.00 5,376,704.00 2,178,236.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 204,179.00 207,871.00 211,564.00 215,257.00 268,308.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 108,689.00
      Long-Term Investments 10,564,083.00 10,629,269.00 10,572,224.00 10,686,857.00 3,358,346.00 0 0 56,600.00 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 0 0 0 0 0 0 0
      Other Non-Current Assets 55,358,076.00 52,202,342.00 53,225,852.00 -30,438,702.00 -11,826,345.00 -11,477,115.00 -11,018,380.00 -46,506,615.00 -10,005,916.00 -9,452,051.00 -9,090,903.00 -37,909,553.00 -8,340,304.00 -8,104,514.00 -7,515,742.00 -35,143,662.00 -6,220,109.00 -5,680,977.00 -5,443,157.00 -29,514,768.00
Liabilities 14,404,987.00 14,568,898.00 15,300,095.00 15,622,936.00 19,457,271.00 9,581,721.00 10,266,919.00 10,504,281.00 10,345,431.00 9,228,449.00 10,536,866.00 11,456,598.00 12,882,536.00 13,531,574.00 13,608,578.00 11,561,625.00 14,751,995.00 10,682,835.00 8,809,038.00 8,850,739.00
   Current Liabilities 2,191,446.00 2,306,407.00 3,062,273.00 2,530,852.00 2,113,950.00 1,685,568.00 2,373,633.00 2,036,840.00 2,118,944.00 2,182,826.00 2,664,422.00 3,732,220.00 6,637,902.00 7,189,747.00 7,605,287.00 5,080,171.00 7,228,353.00 3,679,201.00 1,750,027.00 1,762,410.00
      Payables and Expenses 1,255,288.00 1,294,703.00 1,476,727.00 1,459,513.00 1,232,358.00 1,198,215.00 1,124,918.00 1,334,913.00 1,159,743.00 1,049,895.00 1,153,258.00 1,659,365.00 1,678,083.00 1,700,406.00 1,416,274.00 1,426,006.00 1,183,194.00 820,134.00 812,273.00 750,080.00
            Account Payables 1,255,288.00 1,294,703.00 1,476,727.00 1,344,813.00 1,232,358.00 1,198,215.00 1,124,918.00 1,272,522.00 1,159,743.00 1,049,895.00 1,153,258.00 1,574,610.00 1,678,083.00 1,700,406.00 1,416,274.00 1,339,251.00 1,183,194.00 820,134.00 812,273.00 705,461.00
            Current Accrued Liabilities 0 0 0 114,700.00 0 0 0 62,391.00 0 0 0 84,755.00 0 0 0 86,755.00 0 0 0 44,619.00
      Short-Term Debt 506,690.00 391,801.00 285,000.00 320,800.00 400,150.00 6,388.00 606,967.00 292,432.00 414,592.00 413,917.00 413,244.00 422,632.00 421,987.00 440,900.00 493,815.00 1,060,972.00 12,441.00 399,699.00 29,291.00 154,161.00
      Other Current Liabilities 429,468.00 619,903.00 1,300,546.00 750,539.00 481,442.00 480,965.00 641,748.00 409,495.00 544,609.00 719,014.00 1,097,920.00 1,650,223.00 4,537,832.00 5,048,441.00 5,695,198.00 2,593,193.00 6,032,718.00 2,459,368.00 908,463.00 858,169.00
   Non-Current Liabilities 12,213,541.00 12,262,491.00 12,237,822.00 13,092,084.00 17,343,321.00 7,896,153.00 7,893,286.00 8,467,441.00 8,226,487.00 7,045,623.00 7,872,444.00 7,724,378.00 6,244,634.00 6,341,827.00 6,003,291.00 6,481,454.00 7,523,642.00 7,003,634.00 7,059,011.00 7,088,329.00
      Long-Term Debt 278,000.00 282,000.00 0 150,000.00 2,794,970.00 544,680.00 497,390.00 1,244,265.00 1,243,280.00 4,257,636.00 5,058,563.00 5,256,333.00 4,347,332.00 100,000.00 26,000.00 0 704,000.00 0 300,000.00 300,000.00
      Other Non-Current Liabilities 11,935,541.00 11,980,491.00 0 12,942,084.00 14,548,351.00 7,351,473.00 7,395,896.00 7,223,176.00 6,983,207.00 2,787,987.00 2,813,881.00 2,468,045.00 1,897,302.00 6,241,827.00 5,977,291.00 0 6,819,642.00 0 6,759,011.00 6,788,329.00
Equity 106,249,649.00 100,719,173.00 100,691,647.00 110,655,941.00 20,488,318.00 15,124,748.00 15,171,401.00 14,780,817.00 14,209,557.00 12,045,028.00 12,153,588.00 11,213,328.00 9,658,601.00 9,090,090.00 8,206,033.00 10,045,763.00 8,259,725.00 8,302,422.00 9,230,366.00 9,262,730.00
   Shareholders Equity 23,151,622.00 21,423,260.00 20,717,880.00 20,597,628.00 20,334,759.00 15,117,834.00 15,164,209.00 14,773,200.00 14,201,332.00 12,005,772.00 12,112,134.00 11,172,474.00 9,618,962.00 9,061,187.00 8,188,673.00 10,029,527.00 8,248,460.00 8,291,758.00 9,219,640.00 9,255,240.00
      Capital Stock 19,490,656.00 17,999,758.00 17,984,118.00 18,014,711.00 18,076,243.00 12,464,492.00 12,450,876.00 12,093,986.00 11,958,441.00 9,790,855.00 9,776,392.00 9,891,890.00 9,923,539.00 9,948,646.00 9,921,348.00 10,071,818.00 10,180,652.00 8,245,752.00 8,238,643.00 8,241,684.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 3,663,136.00 3,425,732.00 2,736,046.00 2,585,238.00 2,261,086.00 2,655,940.00 2,715,974.00 2,681,898.00 2,245,615.00 2,217,698.00 2,338,572.00 1,283,578.00 -299,577.00 -880,127.00 -1,725,279.00 -94,400.00 -1,908,833.00 71,284.00 1,007,741.00 1,048,259.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 579.00 2,848.00 2,848.00 18,046.00 18,202.00 20,084.00 21,469.00 29,348.00
      Accumulated Other Comprehensive Income -2,170.00 -2,230.00 -2,284.00 -2,321.00 -2,570.00 -2,598.00 -2,641.00 -2,684.00 -2,724.00 -2,781.00 -2,830.00 -2,994.00 -4,421.00 -4,484.00 -4,548.00 -4,611.00 -5,157.00 -5,194.00 -5,275.00 -5,355.00
   Minority Interest 3,638,681.00 3,674,590.00 3,685,389.00 3,680,508.00 153,559.00 6,914.00 7,192.00 7,617.00 8,225.00 39,256.00 41,454.00 40,854.00 39,639.00 28,903.00 17,360.00 16,236.00 11,265.00 10,664.00 10,726.00 7,490.00
Investments 10,564,083.00 10,629,269.00 10,572,224.00 10,686,857.00 3,358,346.00 0 0 56,600.00 0 0 0 0 0 0 0 0 0 0 0 0
Debt 8,217,822.00 8,315,037.00 8,392,783.00 9,324,177.00 13,793,548.00 4,951,786.00 5,504,741.00 5,795,113.00 5,915,866.00 4,671,553.00 5,471,807.00 5,678,965.00 4,769,319.00 5,042,069.00 5,050,278.00 5,591,074.00 6,189,608.00 5,496,318.00 4,806,048.00 4,925,466.00
Net Debt 7,982,086.00 7,759,545.00 8,111,019.00 9,122,084.00 13,704,568.00 4,921,812.00 4,856,693.00 5,714,136.00 5,851,116.00 3,456,061.00 3,344,545.00 4,220,321.00 4,681,778.00 4,998,324.00 5,033,365.00 5,477,111.00 6,166,816.00 5,165,548.00 4,765,378.00 4,907,256.00
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 7,199,892.00 4,926,261.00 2,415,294.00 -1,447,804.00 3,648,582.00 2,364,780.00 1,412,268.00 -4,297,894.00 4,865,924.00 3,679,822.00 2,661,071.00 -5,770,320.00 9,546,029.00 5,851,835.00 2,486,624.00 -528,691.00 3,992,905.00 2,208,855.00 1,130,951.00
Cost Of Revenue 4,375,172.00 2,929,389.00 1,445,018.00 3,288,420.00 1,529,093.00 1,088,248.00 545,181.00 -988,804.00 1,592,934.00 1,038,146.00 514,984.00 -1,051,836.00 1,596,900.00 1,055,808.00 516,104.00 -818,116.00 1,404,697.00 909,800.00 445,784.00
Gross Profit 2,824,720.00 1,996,872.00 970,276.00 -4,736,224.00 2,119,489.00 1,276,532.00 867,087.00 -3,309,090.00 3,272,990.00 2,641,676.00 2,146,087.00 -4,718,484.00 7,949,129.00 4,796,027.00 1,970,520.00 289,425.00 2,588,208.00 1,299,055.00 685,167.00
Operating Expenses -4,131,412.00 -3,093,801.00 -547,659.00 -7,007,062.00 2,311,787.00 1,090,841.00 684,367.00 -845,040.00 1,681,296.00 1,065,789.00 535,207.00 -9,452,891.00 7,550,908.00 5,322,392.00 3,858,786.00 -3,367,873.00 6,406,530.00 2,507,851.00 676,322.00
   Selling, General and Administrative Expenses 767,819.00 487,322.00 256,414.00 531,875.00 228,730.00 140,260.00 73,053.00 -96,779.00 168,999.00 112,057.00 51,894.00 -140,426.00 195,603.00 128,372.00 69,096.00 -87,522.00 143,972.00 94,859.00 45,006.00
   Other Operating Expenses -4,899,231.00 -3,581,123.00 -804,073.00 -7,538,937.00 2,083,057.00 950,581.00 611,314.00 -748,261.00 1,512,297.00 953,732.00 483,313.00 -9,312,465.00 7,355,305.00 5,194,020.00 3,789,690.00 -3,280,351.00 6,262,558.00 2,412,992.00 631,316.00
Operating Income 6,956,132.00 5,090,673.00 1,517,935.00 2,270,838.00 -192,298.00 185,691.00 182,720.00 -2,464,050.00 1,591,694.00 1,575,887.00 1,610,880.00 4,734,407.00 398,221.00 -526,365.00 -1,888,266.00 3,657,298.00 -3,818,322.00 -1,208,796.00 8,845.00
Net Non-Operating Income -4,933,293.00 -3,604,316.00 -1,123,849.00 -1,606,551.00 -427,542.00 -93,309.00 -55,355.00 43,402.00 -140,622.00 -78,692.00 -35,001.00 296,511.00 -336,375.00 -251,457.00 -92,014.00 131,753.00 -164,000.00 -131,095.00 -64,371.00
Interest Expense 333,166.00 223,237.00 117,569.00 21,973.00 268,390.00 110,091.00 54,371.00 -60,171.00 146,856.00 86,429.00 46,546.00 -146,159.00 194,025.00 133,887.00 67,902.00 -169,865.00 232,434.00 152,085.00 75,099.00
EBT 2,022,839.00 1,486,357.00 394,086.00 664,287.00 -619,840.00 92,382.00 127,365.00 -2,420,648.00 1,451,072.00 1,497,195.00 1,575,879.00 5,030,918.00 61,846.00 -777,822.00 -1,980,280.00 3,789,051.00 -3,982,322.00 -1,339,891.00 -55,526.00
Income Tax 443,549.00 314,283.00 78,668.00 -271,723.00 249,580.00 19,920.00 24,302.00 -550,495.00 217,975.00 344,828.00 356,646.00 -74,697.00 5,257.00 157,463.00 465,697.00 -974,052.00 1,025,255.00 362,340.00 14,494.00
Net Income Including Non-Controlling Interests 1,145,006.00 880,498.00 168,860.00 -296,643.00 298,061.00 113,708.00 103,913.00 -1,866,677.00 1,233,257.00 1,151,477.00 1,217,863.00 3,856,653.00 50,863.00 -629,015.00 -1,517,513.00 3,959,262.00 -2,957,117.00 -976,399.00 -40,004.00
Net Income Non-Controlling Interests 217,142.00 145,788.00 73,279.00 9,978.00 2,688.00 -703.00 -425.00 -1,738.00 -80.00 445.00 685.00 -3,936.00 8,120.00 4,328.00 1,465.00 2,311.00 25.00 -576.00 -514.00
Net Income 1,362,148.00 1,026,286.00 242,139.00 -286,665.00 300,749.00 113,005.00 103,488.00 -1,868,415.00 1,233,177.00 1,151,922.00 1,218,548.00 3,852,717.00 58,983.00 -624,687.00 -1,516,048.00 3,961,573.00 -2,957,092.00 -976,975.00 -40,518.00
EBIT 2,356,005.00 1,709,594.00 511,655.00 686,260.00 -351,450.00 202,473.00 181,736.00 -2,480,819.00 1,597,928.00 1,583,624.00 1,622,425.00 4,884,759.00 255,871.00 -643,935.00 -1,912,378.00 3,619,186.00 -3,749,888.00 -1,187,806.00 19,573.00
Deprecation and Amortization 5,781,069.00 3,722,295.00 1,857,671.00 3,488,776.00 1,542,031.00 952,732.00 486,750.00 -669,167.00 1,230,255.00 783,369.00 387,685.00 0.00 0.00 0.00 0.00 -2,334,800.00 1,200,280.00 757,404.00 377,116.00
EBITDA 8,137,074.00 5,431,889.00 2,369,326.00 4,175,036.00 1,190,581.00 1,155,205.00 668,486.00 -3,149,986.00 2,828,183.00 2,366,993.00 2,010,110.00 0 0 0 0 0 -2,549,608.00 -430,402.00 396,689.00
EPS 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 -0.01 -0.00 -0.00
Diluted EPS 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 -0.01 -0.00 -0.00
Average Shares Outstanding Basic 607,245.00 598,574.00 597,976.00 677,861.00 480,354.00 440,714.00 439,459.00 431,489.00 368,936.00 361,721.00 361,462.00 362,719.00 371,308.00 372,023.00 374,142.00 429,975.00 304,961.00 278,996.00 278,852.00
Average Shares Outstanding Diluted 611,427.00 602,896.00 602,838.00 688,158.00 480,354.00 444,893.00 444,967.00 463,719.00 401,859.00 393,435.00 393,883.00 502,787.00 377,028.00 372,023.00 374,142.00 429,975.00 304,961.00 278,996.00 278,852.00
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 4,000,565.00 2,982,866.00 1,741,167.00 -1,877,095.00 2,070,697.00 1,477,708.00 1,155,663.00 -3,138,263.00 2,554,464.00 2,099,881.00 1,662,768.00 -1,209,057.00 2,401,758.00 1,251,640.00 1,021,219.00 327,637.00 491,502.00 443,394.00 399,915.00
   Operating Net Income 1,579,290.00 1,172,074.00 315,418.00 582,140.00 -555,390.00 112,302.00 103,063.00 -1,870,153.00 1,233,097.00 1,152,367.00 1,219,233.00 5,983,723.00 67,103.00 -1,240,718.00 -3,029,166.00 5,629,262.00 -5,914,134.00 -1,955,102.00 -82,064.00
   Deprecation and Amortization 5,781,069.00 3,722,295.00 1,857,671.00 3,488,776.00 1,542,031.00 952,732.00 486,750.00 -669,167.00 1,230,255.00 783,369.00 387,685.00 0 0 0 0 0 1,200,280.00 757,404.00 377,116.00
   Deferred Income Tax 446,674.00 304,878.00 72,223.00 137,646.00 -123,725.00 -22,583.00 23,394.00 -553,565.00 227,701.00 353,912.00 356,618.00 534,612.00 0 0 0 966,895.00 -1,024,699.00 -362,299.00 -13,505.00
   Share Based Compensation 43,824.00 28,535.00 14,768.00 -16,435.00 141,578.00 22,650.00 10,551.00 -22,954.00 38,179.00 23,333.00 11,276.00 -17,533.00 33,706.00 21,558.00 7,470.00 -12,407.00 20,822.00 13,515.00 6,239.00
   Change in Working Capital -246,151.00 -186,609.00 192,923.00 1,426,353.00 -443,554.00 -226,275.00 -434,310.00 3,430,382.00 -1,730,668.00 -1,744,338.00 -1,322,955.00 -1,688,614.00 878,935.00 1,177,186.00 -65,646.00 -1,005,393.00 1,350,560.00 657,282.00 253,540.00
   Other Operating Activities -3,604,141.00 -2,058,307.00 -711,836.00 -7,495,575.00 1,509,757.00 638,882.00 966,215.00 -3,452,806.00 1,555,900.00 1,531,238.00 1,010,911.00 -6,021,245.00 1,422,014.00 1,293,614.00 4,108,561.00 -2,915,920.00 4,858,673.00 1,332,594.00 -141,411.00
Investing Cash Flow -2,223,895.00 -1,198,032.00 -534,044.00 2,028,714.00 -2,162,332.00 -879,212.00 -567,152.00 942,611.00 -3,774,109.00 -983,831.00 -498,326.00 394,242.00 -1,017,138.00 -507,685.00 -291,172.00 564,924.00 -1,714,858.00 -674,898.00 -247,910.00
   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 1,675,691.00 1,049,289.00 499,649.00 -1,035,504.00 1,662,112.00 1,092,633.00 534,468.00 -943,440.00 1,485,898.00 981,795.00 494,784.00 -615,713.00 1,047,475.00 684,972.00 292,281.00 -370,894.00 706,938.00 470,259.00 251,277.00
   Net Purchase/Sale of Investments Net 10,388.00 245.00 0 -5,319.00 80.00 2,688.00 2,631.00 16,518.00 4,841.00 2,036.00 3,542.00 -204,296.00 203,555.00 14,376.00 149.00 36,278.00 -13,590.00 -5,125.00 -3,367.00
   Net Purchase/Sale of Business 529,213.00 142,214.00 27,946.00 -197,540.00 952,046.00 237,755.00 30,053.00 -16,320.00 2,288,201.00 0 0 0.00 150,000.00 189,249.00 0 -176,666.00 1,021,510.00 209,764.00 0
   Other Investing Activities -4,439,187.00 -2,389,780.00 -1,061,639.00 3,267,077.00 -4,776,570.00 -2,212,288.00 -1,134,304.00 1,885,853.00 -7,553,049.00 -1,967,662.00 -996,652.00 1,214,251.00 -2,418,168.00 -1,396,282.00 -583,602.00 1,076,206.00 -3,429,716.00 -1,349,796.00 -495,820.00
Financing Cash Flow -1,743,027.00 -1,431,435.00 -1,127,452.00 -554,574.00 99,638.00 -649,499.00 -21,440.00 1,786,413.00 -174,249.00 -1,359,202.00 -495,824.00 2,353,186.00 -1,411,042.00 -814,173.00 -827,097.00 -1,136,410.00 1,227,938.00 544,064.00 -129,545.00
   Net Issuance/Repayment of Debt 7,134,498.00 5,469,817.00 3,773,354.00 6,700,066.00 8,299,706.00 2,686,183.00 1,716,112.00 165,184.00 2,890,346.00 1,012,877.00 211,429.00 -17,852,804.00 21,317,029.00 12,950,640.00 5,986,174.00 -5,635,756.00 13,174,005.00 6,799,691.00 3,288,396.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 -402,058.00 201,029.00 201,029.00 201,029.00 -324,443.00 285,850.00 230,373.00 217,705.00 12,922.00 0 0 0
   Dividends Paid 286,662.00 188,372.00 94,097.00 -114,397.00 232,603.00 138,963.00 69,412.00 -96,616.00 162,567.00 108,318.00 54,070.00 -85,471.00 148,765.00 93,272.00 47,063.00 0 0 0 0
   Other Financing Activities -9,164,187.00 -7,089,624.00 -4,994,903.00 -7,140,243.00 -8,432,671.00 -3,474,645.00 -1,806,964.00 2,119,903.00 -3,428,191.00 -2,681,426.00 -962,352.00 20,615,904.00 -23,162,686.00 -14,088,458.00 -7,078,039.00 4,486,424.00 -11,946,067.00 -6,255,627.00 -3,417,941.00
Net Change in Cash 33,643.00 353,399.00 79,671.00 -402,955.00 8,003.00 -51,003.00 567,071.00 -409,239.00 -1,393,894.00 -243,152.00 668,618.00 1,538,371.00 -26,422.00 -70,218.00 -97,050.00 -243,849.00 4,582.00 312,560.00 22,460.00
   Cash at Beginning of Period 202,093.00 202,093.00 202,093.00 605,048.00 80,977.00 80,977.00 80,977.00 490,216.00 1,458,644.00 1,458,644.00 1,458,644.00 -79,727.00 113,963.00 113,963.00 113,963.00 357,812.00 18,210.00 18,210.00 18,210.00
   Cash at End of Period 235,736.00 555,492.00 281,764.00 202,093.00 88,980.00 29,974.00 648,048.00 80,977.00 64,750.00 1,215,492.00 2,127,262.00 1,458,644.00 87,541.00 43,745.00 16,913.00 113,963.00 22,792.00 330,770.00 40,670.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0