Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -7.86 -1.47 -1.77 -0.54
Price to Sales 1.24 2.65 5.48 1.84
Book Value Per Common Share -1.98 -4.41 -4.88 -3.24
Price to Book -1.11 -0.68 -1.28 -1.55
Price to Operating Cash Flow -17.41 -2.28 -2.37 -0.55
Price to Free Cash Flow -17.17 -0.55
Enterprise Value to EBITDA 569283.53
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31
Price to Earnings -16.56 -16.41 -6.86 -20.00 -11.00 -2.01
Price to Sales 6.09 2.36 4.35 6.23 6.23 5.13
Book Value Per Common Share -2.20 -2.17 -2.17 -1.98 -1.89 -4.20
Price to Book -1.21 -0.45 -0.66 -1.11 -0.87 -0.38
Price to Operating Cash Flow -123.83 -6.19 -12.48 -12.31 -9.11 -2.29
Price to Free Cash Flow -123.83 -6.19 -12.31 -9.06
Enterprise Value to EBITDA 253023.20

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 185.66 54.14 -3.79
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31
Earning YoY
Revenue YoY 5.98 26.76 -5.96 33.86 112.22 204.95
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.77 0.80 2.51 8.97
Quick Ratio 0.91 0.84 2.17 3.85
Current Ratio 1.37 1.29 2.67 4.48
Debt to Equity -1.88 -1.45 -1.77 -2.94
Long-Term Debt to Equity -1.25 -1.11 -1.48 -2.57
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31
Cash Per Common Share 0.46 0.44 0.58 0.74 0.74 2.07
Quick Ratio 0.59 0.65 0.72 0.91 1.28 2.08
Current Ratio 1.00 1.15 1.18 1.37 1.85 2.62
Debt to Equity -1.81 -1.80 -1.76 -1.88 -1.85 -1.76
Long-Term Debt to Equity -1.01 -1.11 -1.12 -1.25 -1.40 -1.47

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -15.05 -101.68 -94.24 -70.52
ROE 13.31 45.99 72.17 136.64
Gross Margin 79.36 81.88
Operating Margin 2.26 -283.96
EBITDA Margin 2.28 -283.18
Net Profit Margin -15.57 -179.87 -309.58 -343.04
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31
ROA -8.61 -3.67 -12.49 -6.20 -9.40 -24.51
ROE 6.94 2.94 9.49 5.48 7.98 18.72
Gross Margin 52.71 65.35 62.91 66.52
Operating Margin -10.63 9.42 -7.08 -27.97
EBITDA Margin -10.60 9.45 -7.05 -27.92
Net Profit Margin -35.89 -15.45 -62.24 -30.85 -57.18 -253.68

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 343,821.00 205,796.00 247,939.00 381,590.00
   Current Assets 337,998.00 201,065.00 246,683.00 328,972.00
      Cash and Short-Term Investments 144,761.00 82,248.00 166,861.00 259,333.00
            Cash and Cash Equivalents 144,761.00 82,248.00 124,775.00 208,892.00
            Short-Term Investments 0 0 42,086.00 50,441.00
      Net Receivables 80,142.00 48,494.00 33,729.00 22,934.00
      Inventory 94,491.00 65,623.00 35,201.00 34,394.00
      Other Current Assets 18,604.00 4,700.00 10,892.00 12,311.00
   Non-Current Assets 5,823.00 4,731.00 1,256.00 52,618.00
      Property, Plant, Equipment Net 5,767.00 4,675.00 1,200.00 2,562.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 56.00 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 56.00 0.00 0
Liabilities 732,543.00 660,790.00 571,717.00 578,534.00
   Current Liabilities 246,233.00 156,224.00 92,308.00 73,352.00
      Payables and Expenses 120,074.00 56,716.00 58,231.00 57,468.00
            Account Payables 51,650.00 31,718.00 23,040.00 17,559.00
            Current Accrued Liabilities 68,424.00 24,998.00 35,191.00 39,909.00
      Short-Term Debt 57,316.00 1,553.00 384.00 1,392.00
      Other Current Liabilities 68,843.00 97,955.00 33,693.00 14,492.00
   Non-Current Liabilities 486,310.00 504,566.00 479,409.00 505,182.00
      Long-Term Debt 240,286.00 264,616.00 260,564.00 258,804.00
      Other Non-Current Liabilities 246,024.00 239,950.00 218,845.00 246,378.00
Equity -388,722.00 -454,994.00 -323,778.00 -196,944.00
   Shareholders Equity -388,722.00 -454,994.00 -323,778.00 -196,944.00
      Capital Stock 196.00 118.00 75.00 61.00
      Share Premium 1,267,109.00 1,149,170.00 1,071,183.00 964,401.00
      Retained Earnings -1,601,029.00 -1,549,284.00 -1,340,036.00 -1,106,377.00
      Treasury Shares 54,998.00 -54,998.00 -54,998.00 54,998.00
      Accumulated Other Comprehensive Income 0 0 -2.00 -31.00
   Minority Interest 0 0 0 0
Investments 0 0 42,086.00 0
Debt 297,602.00 266,169.00 260,948.00 260,196.00
Net Debt 147,530.00 183,921.00 94,087.00 49,388.00
Common Shares Outstanding 195,852.46 0 0 60,879.50
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 332,314.00 116,334.00 75,475.00 78,447.00
Cost Of Revenue 68,601.00 0 0 14,217.00
Interest Expense 59,251.00 105,676.00 101,410.00 46,353.00
Non-Interest Expense 163,073.00 0 0 184,985.00
Gross Profit 263,713.00 0 0 64,230.00
Operating Expenses 209,311.00 271,897.00 254,976.00 290,960.00
   Selling, General and Administrative Expenses 163,073.00 142,523.00 109,082.00 184,985.00
   Research and Development Expenses 46,238.00 86,107.00 118,927.00 105,975.00
   Other Operating Expenses 0 43,267.00 26,967.00 0
Operating Income 54,402.00 -155,563.00 -179,501.00 -226,730.00
Net Non-Operating Income 8,022.00 0 0 3,975.00
EBT -51,745.00 0 0 -269,108.00
Income Tax 0 0.00 0.00 0
Net Income Including Non-Controlling Interests -51,745.00 0 0 -269,108.00
Net Income -51,745.00 -209,248.00 -233,659.00 -269,108.00
EBIT 7,506.00 0 0 -222,755.00
Deprecation and Amortization 63.00 248.00 779.00 612.00
EBITDA 7,569.00 0 0 -222,143.00
EPS -0.00 -0.00 -0.00 -0.01
Diluted EPS -0.00 -0.00 -0.00 -0.01
Average Shares Outstanding Basic 187,181.86 103,106.62 66,407.24 28,902.51
Average Shares Outstanding Diluted 187,181.86 103,106.62 66,407.24 28,902.51
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -23,654.00 -135,487.00 -174,827.00 -263,809.00
   Operating Net Income -51,745.00 -209,248.00 -233,659.00 -269,108.00
   Deprecation and Amortization 63.00 -248.00 779.00 612.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 11,993.00 11,958.00 15,215.00 24,306.00
   Change in Working Capital -60,530.00 13,675.00 -3,373.00 -52,513.00
   Other Operating Activities 76,565.00 48,376.00 46,211.00 32,894.00
Investing Cash Flow -317.00 42,500.00 8,104.00 -50,484.00
   Capital Expenditure 0 0.00 0.00 0
   Net Purchase/Sale of PPE -317.00 0 0 0
   Net Purchase/Sale of Investments Net 0 42,500.00 8,104.00 -50,484.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 0.00
Financing Cash Flow 86,484.00 50,460.00 32,606.00 268,223.00
   Net Issuance/Repayment of Debt 35,014.00 0 0 -440.00
   Net Issuance/Repurchase of Equity 91,185.00 13,517.00 90,849.00 218,688.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -39,715.00 36,943.00 -58,243.00 49,975.00
Net Change in Cash 62,513.00 -42,527.00 -134,117.00 -46,070.00
   Cash at Beginning of Period 82,248.00 124,775.00 258,892.00 304,962.00
   Cash at End of Period 144,761.00 82,248.00 124,775.00 258,892.00
Free Cash Flow -23,971.00 0 0 -263,809.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-12-31 2023-03-31 2022-12-31 2021-03-31
Assets 364,020.00 347,085.00 324,029.00 343,821.00 314,114.00 205,796.00 251,819.00 247,939.00 278,606.00
   Current Assets 360,464.00 342,595.00 318,778.00 337,998.00 307,555.00 201,065.00 250,605.00 246,683.00 272,575.00
      Cash and Short-Term Investments 92,447.00 86,061.00 114,633.00 144,761.00 144,717.00 82,248.00 162,338.00 166,861.00 217,939.00
            Cash and Cash Equivalents 92,447.00 86,061.00 114,633.00 144,761.00 144,717.00 82,248.00 144,911.00 124,775.00 217,939.00
            Short-Term Investments 0 0 0 0 0 0 17,427.00 42,086.00 0
      Net Receivables 118,980.00 107,746.00 81,294.00 80,142.00 67,824.00 48,494.00 36,415.00 33,729.00 17,255.00
      Inventory 108,539.00 114,466.00 99,322.00 94,491.00 80,102.00 65,623.00 39,352.00 35,201.00 20,030.00
      Other Current Assets 40,498.00 34,322.00 23,529.00 18,604.00 14,912.00 4,700.00 12,500.00 10,892.00 17,351.00
   Non-Current Assets 3,556.00 4,490.00 5,251.00 5,823.00 6,559.00 4,731.00 1,214.00 1,256.00 6,031.00
      Property, Plant, Equipment Net 3,500.00 4,434.00 5,195.00 5,767.00 6,503.00 4,675.00 1,158.00 1,200.00 5,975.00
      Goodwill 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 56.00 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 56.00 56.00 56.00 56.00 56.00 56.00 56.00 0.00 56.00
Liabilities 815,381.00 780,594.00 750,240.00 732,543.00 684,323.00 660,790.00 581,482.00 571,717.00 548,000.00
   Current Liabilities 359,033.00 298,796.00 270,966.00 246,233.00 165,873.00 156,224.00 95,486.00 92,308.00 97,893.00
      Payables and Expenses 166,467.00 144,297.00 78,412.00 120,074.00 98,521.00 56,716.00 22,630.00 58,231.00 41,585.00
            Account Payables 77,513.00 74,704.00 71,994.00 51,650.00 34,864.00 31,718.00 17,065.00 23,040.00 30,342.00
            Current Accrued Liabilities 88,954.00 69,593.00 6,418.00 68,424.00 63,657.00 24,998.00 5,565.00 35,191.00 11,243.00
      Short-Term Debt 57,247.00 57,504.00 57,492.00 57,316.00 2,741.00 1,553.00 305.00 384.00 2,340.00
      Other Current Liabilities 135,319.00 96,995.00 135,062.00 68,843.00 64,611.00 97,955.00 72,551.00 33,693.00 53,968.00
   Non-Current Liabilities 456,348.00 481,798.00 479,274.00 486,310.00 518,450.00 504,566.00 485,996.00 479,409.00 450,107.00
      Long-Term Debt 249,548.00 244,762.00 240,292.00 240,286.00 266,221.00 264,616.00 261,098.00 260,564.00 274,214.00
      Other Non-Current Liabilities 206,800.00 237,036.00 238,982.00 246,024.00 252,229.00 239,950.00 224,898.00 218,845.00 175,893.00
Equity -451,361.00 -433,509.00 -426,211.00 -388,722.00 -370,209.00 -454,994.00 -329,663.00 -323,778.00 -269,394.00
   Shareholders Equity -451,361.00 -433,509.00 -426,211.00 -388,722.00 -370,209.00 -454,994.00 -329,663.00 -323,778.00 -269,394.00
      Capital Stock 205.00 200.00 197.00 196.00 195.00 118.00 87.00 75.00 26.00
      Share Premium 1,288,974.00 1,275,498.00 1,270,074.00 1,267,109.00 1,264,305.00 1,149,170.00 1,127,004.00 1,071,183.00 713,782.00
      Retained Earnings -1,685,542.00 -1,654,209.00 -1,641,484.00 -1,601,029.00 -1,579,711.00 -1,549,284.00 -1,401,755.00 -1,340,036.00 -928,204.00
      Treasury Shares 54,998.00 54,998.00 -54,998.00 54,998.00 54,998.00 -54,998.00 -54,998.00 -54,998.00 -54,998.00
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 -1.00 -2.00 0
   Minority Interest 0 0 0 0 0 0 0 0 0
Investments 0 0 88,461.00 0 0 0 17,427.00 42,086.00 206,804.00
Debt 306,795.00 302,266.00 297,784.00 297,602.00 268,962.00 266,169.00 261,403.00 260,948.00 276,554.00
Net Debt 211,197.00 212,155.00 183,151.00 147,530.00 118,205.00 183,921.00 99,065.00 94,087.00 58,615.00
Common Shares Outstanding 205,430.22 200,155.27 0 195,852.46 195,440.50 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31 2021-03-31
Revenues 87,309.00 82,385.00 64,995.00 69,113.00 51,632.00 24,329.00 7,978.00
Cost Of Revenue 41,289.00 28,543.00 0 25,631.00 17,286.00 0 0
Interest Expense 22,051.00 20,486.00 32,531.00 16,422.00 15,082.00 25,687.00 13,025.00
Non-Interest Expense 41,848.00 39,509.00 0 36,925.00 39,975.00 0 0
Gross Profit 46,020.00 53,842.00 0 43,482.00 34,346.00 0 0
Operating Expenses 55,979.00 46,747.00 87,091.00 47,902.00 50,372.00 72,934.00 90,802.00
   Selling, General and Administrative Expenses 41,848.00 39,509.00 42,996.00 36,925.00 39,975.00 29,901.00 61,064.00
   Research and Development Expenses 14,131.00 7,238.00 12,557.00 10,977.00 10,397.00 31,381.00 27,954.00
   Other Operating Expenses 0 0 31,538.00 0 0 11,652.00 1,784.00
Operating Income -9,959.00 7,095.00 -22,096.00 -4,420.00 -16,026.00 -48,605.00 -82,824.00
Net Non-Operating Income 677.00 666.00 0 1,207.00 1,584.00 0 0
EBT -31,333.00 -12,725.00 0 -21,318.00 -29,524.00 0 0
Income Tax 0 0 0.00 0 0 0.00 0.00
Net Income Including Non-Controlling Interests -31,333.00 -12,725.00 0 -21,318.00 -29,524.00 0 0
Net Income -31,333.00 -12,725.00 -40,455.00 -21,318.00 -29,524.00 -61,719.00 -90,935.00
EBIT -9,282.00 7,761.00 0 -4,896.00 -14,442.00 0 0
Deprecation and Amortization 26.00 27.00 26.00 27.00 26.00 258.00 153.00
EBITDA -9,256.00 7,788.00 0 -4,869.00 -14,416.00 0 0
EPS -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 -0.00 0
Average Shares Outstanding Basic 200,736.14 197,546.24 196,127.95 195,566.92 194,930.83 78,440.27 0
Average Shares Outstanding Diluted 200,736.14 197,546.24 196,127.95 195,566.92 194,930.83 78,440.27 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-03-31 2021-03-31
Operating Cash Flow -4,286.00 -31,422.00 -22,628.00 -34,952.00 -35,325.00 -54,356.00 -89,068.00
   Operating Net Income -31,333.00 -12,725.00 -40,455.00 -21,318.00 -29,524.00 -61,719.00 -90,935.00
   Deprecation and Amortization 26.00 27.00 26.00 27.00 26.00 -258.00 153.00
   Deferred Income Tax 0 0 0 0 0 0 0
   Share Based Compensation 2,349.00 2,669.00 2,465.00 2,805.00 3,022.00 2,903.00 5,751.00
   Change in Working Capital 20,967.00 -26,312.00 12,028.00 -21,308.00 -12,420.00 -7,019.00 -9,362.00
   Other Operating Activities 3,705.00 4,919.00 3,308.00 4,842.00 3,571.00 11,737.00 5,325.00
Investing Cash Flow 0 0 0 0 -167.00 25,000.00 0
   Capital Expenditure 0 0 0.00 0 0 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 -167.00 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 25,000.00 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0.00 0.00 0
Financing Cash Flow 10,672.00 2,850.00 -7,500.00 34,996.00 -9,095.00 49,492.00 2,045.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 10,531.00 2,850.00 0 -18.00 531.00 52,598.00 2,668.00
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities 141.00 0.00 -7,500.00 35,014.00 -9,626.00 -3,106.00 -623.00
Net Change in Cash 6,386.00 -28,572.00 -30,128.00 44.00 -44,587.00 20,136.00 -87,023.00
   Cash at Beginning of Period 86,061.00 114,633.00 144,761.00 144,717.00 189,304.00 124,775.00 304,962.00
   Cash at End of Period 92,447.00 86,061.00 114,633.00 144,761.00 144,717.00 144,911.00 217,939.00
Free Cash Flow -4,286.00 -31,422.00 0 -34,952.00 -35,492.00 0 0