ETN

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 34.79 29.88 25.44 32.12 34.23
Price to Sales 5.30 4.14 3.02 3.51 2.71
Book Value Per Common Share 47.13 47.66 42.83 41.16 37.50
Price to Book 7.04 5.05 3.66 4.20 3.20
Price to Operating Cash Flow 30.49 26.52 24.70 31.86 16.41
Price to Free Cash Flow
Enterprise Value to EBITDA 128351.71 109437.05 91641.81 103206.72 113498.96
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
Price to Earnings 49.44 71.83 110.50 46.81 69.06 152.53 37.42 57.95 107.09 30.59 44.36 114.11 37.33 61.23 120.24
Price to Sales 7.16 10.42 16.72 7.09 10.19 21.04 4.94 7.06 12.45 3.46 5.00 12.51 4.01 5.96 11.74
Book Value Per Common Share 48.51 47.79 47.29 47.13 48.37 48.34 48.31 47.66 46.04 45.00 43.78 42.83 40.40 41.12 41.65 41.16 40.07 38.66 37.63 37.50
Price to Book 7.71 7.47 5.75 7.04 6.85 6.49 6.47 5.05 4.63 4.47 3.91 3.66 3.30 3.06 3.64 4.20 3.73 3.83 3.67 3.20
Price to Operating Cash Flow 58.28 120.81 447.97 48.40 88.17 263.24 36.59 67.66 203.81 39.49 131.62 1442.59 43.52 65.85 211.83
Price to Free Cash Flow
Enterprise Value to EBITDA 320387.40 473194.78 747490.93 314567.47 461631.01 993721.77 236696.71 358533.27 646140.00 190373.89 275275.72 700847.04 202987.18 372184.88 744668.90

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 18.36 30.63 14.68 53.28
Revenue YoY 7.25 11.78 5.73 9.91
EBITDA YoY 15.59 29.00 2.02 58.47
Net Profit YoY 17.90 30.71 14.83 52.06
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
Earning YoY 52.31 102.03 55.95 121.46 64.27 116.88 53.52 113.53 65.29 110.43
Revenue YoY 52.14 110.19 51.61 106.85 51.81 106.99 52.85 107.60 49.69 111.15
EBITDA YoY 54.48 106.39 -30.00 53.99 114.94 -33.65 60.77 111.73 -21.12 52.83 111.00 -39.11 84.75 114.46
Net Profit YoY 51.93 101.76 55.62 120.95 64.47 116.61 53.66 112.97 65.25 110.48

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 5.23 6.54 1.39 1.42 2.74
Quick Ratio 0.85 0.91 0.73 0.54 0.68
Current Ratio 1.50 1.51 1.38 1.04 1.56
Debt to Equity 0.39 0.39 0.42 0.45 0.48
Long-Term Debt to Equity 0.24 0.23 0.27 0.26 0.31
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
Cash Per Common Share 1.45 1.49 4.94 5.29 5.00 6.96 6.11 6.53 4.78 3.34 1.31 1.40 1.30 1.56 1.27 1.42 1.66 1.35 3.26 2.77
Quick Ratio 0.65 0.63 0.74 0.85 0.87 0.94 0.93 0.91 0.84 0.85 0.78 0.73 0.65 0.50 0.51 0.54 0.69 0.44 0.66 0.68
Current Ratio 1.28 1.24 1.31 1.50 1.53 1.56 1.56 1.51 1.45 1.53 1.50 1.38 1.28 0.97 0.99 1.04 1.27 1.10 1.51 1.56
Debt to Equity 0.41 0.41 0.39 0.39 1.05 1.05 0.99 0.39 1.02 1.04 1.03 0.42 1.13 1.14 1.11 0.45 1.13 1.38 1.27 0.48
Long-Term Debt to Equity 0.23 0.23 0.21 0.24 0.63 0.62 0.60 0.23 0.61 0.67 0.68 0.27 0.72 0.59 0.62 0.26 0.76 0.81 0.83 0.31

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 5.38 4.67 4.07 3.76 2.70
ROE 7.48 6.49 5.78 5.44 3.98
Gross Margin -113.91 36.36 33.19 32.28 30.52
Operating Margin 37.13 33.90 28.23 29.33 19.06
EBITDA Margin 40.84 37.89 32.83 34.02 23.60
Net Profit Margin 15.25 13.87 11.86 10.92 7.90
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
ROA 3.91 2.60 1.32 7.19 4.61 2.13 6.10 3.76 1.80 5.07 3.22 1.51 4.67 2.62 1.34
ROE 5.50 3.67 1.84 14.73 9.42 4.25 12.34 7.68 3.65 10.81 6.90 3.19 9.95 6.24 3.05
Gross Margin -113.57 -114.57 -113.91 37.95 37.65 37.32 35.98 35.27 34.36 32.85 32.62 32.50 32.12 32.08 32.14
Operating Margin 18.57 18.23 18.68 18.66 18.32 17.38 16.85 15.61 14.94 13.47 13.37 12.80 15.16 11.61 11.34
EBITDA Margin 22.25 21.91 22.31 22.34 22.00 21.17 20.88 19.72 19.28 18.13 18.13 17.84 19.77 16.02 15.77
Net Profit Margin 14.49 14.51 15.12 15.15 14.76 13.81 13.19 12.18 11.64 11.33 11.27 10.98 10.74 9.73 9.76

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 2024-12-31 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 70,570,000.00 68,917,000.00 60,551,000.00 56,963,000.00 52,243,000.00
   Current Assets 11,801,000.00 11,675,000.00 8,746,000.00 7,511,000.00 9,178,000.00
      Cash and Short-Term Investments 2,080,000.00 2,609,000.00 555,000.00 568,000.00 1,102,000.00
            Cash and Cash Equivalents 555,000.00 488,000.00 294,000.00 297,000.00 438,000.00
            Short-Term Investments 1,525,000.00 2,121,000.00 261,000.00 271,000.00 664,000.00
      Net Receivables 4,619,000.00 4,475,000.00 4,076,000.00 3,297,000.00 2,904,000.00
      Inventory 4,227,000.00 3,739,000.00 3,430,000.00 2,969,000.00 2,109,000.00
      Other Current Assets 875,000.00 852,000.00 685,000.00 677,000.00 3,063,000.00
   Non-Current Assets 58,769,000.00 57,242,000.00 51,805,000.00 49,452,000.00 43,065,000.00
      Property, Plant, Equipment Net 29,482,000.00 28,151,000.00 25,627,000.00 24,733,000.00 23,972,000.00
      Goodwill 29,425,000.00 14,977,000.00 29,847,000.00 31,564,000.00 12,903,000.00
      Intangible Assets 4,658,000.00 5,091,000.00 5,485,000.00 5,855,000.00 4,175,000.00
      Long-Term Investments 872,000.00 860,000.00 788,000.00 777,000.00 680,000.00
      Non-Current Deferred Assets 609,000.00 458,000.00 330,000.00 392,000.00 426,000.00
      Other Non-Current Assets -6,277,000.00 7,705,000.00 -10,272,000.00 -13,869,000.00 909,000.00
Liabilities 19,851,000.00 19,363,000.00 17,940,000.00 17,576,000.00 16,851,000.00
   Current Liabilities 7,857,000.00 7,747,000.00 6,360,000.00 7,212,000.00 5,881,000.00
      Payables and Expenses 4,348,000.00 4,041,000.00 3,539,000.00 3,298,000.00 2,338,000.00
            Account Payables 3,678,000.00 3,365,000.00 3,072,000.00 2,797,000.00 1,987,000.00
            Current Accrued Liabilities 670,000.00 676,000.00 467,000.00 501,000.00 351,000.00
      Short-Term Debt 674,000.00 1,025,000.00 334,000.00 1,748,000.00 1,048,000.00
      Other Current Liabilities 2,835,000.00 2,681,000.00 2,487,000.00 2,166,000.00 2,495,000.00
   Non-Current Liabilities 11,994,000.00 11,616,000.00 11,580,000.00 10,364,000.00 10,970,000.00
      Long-Term Debt 9,147,000.00 8,777,000.00 8,780,000.00 7,168,000.00 7,336,000.00
      Other Non-Current Liabilities 2,847,000.00 2,839,000.00 2,800,000.00 3,196,000.00 3,634,000.00
Equity 50,719,000.00 49,554,000.00 42,611,000.00 39,387,000.00 35,392,000.00
   Shareholders Equity 18,516,000.00 19,036,000.00 17,038,000.00 16,413,000.00 14,930,000.00
      Capital Stock 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
      Share Premium 12,731,000.00 12,634,000.00 12,512,000.00 12,449,000.00 12,329,000.00
      Retained Earnings 10,096,000.00 10,305,000.00 8,468,000.00 7,594,000.00 6,794,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -4,342,000.00 -3,906,000.00 -3,946,000.00 -3,633,000.00 -4,195,000.00
   Minority Interest 43,000.00 33,000.00 38,000.00 38,000.00 43,000.00
Investments 1,525,000.00 2,121,000.00 261,000.00 271,000.00 664,000.00
Debt 9,821,000.00 9,802,000.00 9,114,000.00 8,916,000.00 8,384,000.00
Net Debt 7,741,000.00 7,193,000.00 8,559,000.00 8,348,000.00 7,282,000.00
Common Shares Outstanding 392,900.00 399,400.00 397,800.00 398,800.00 398,100.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 24,878,000.00 23,196,000.00 20,752,000.00 19,628,000.00 17,858,000.00
Cost Of Revenue 53,216,000.00 14,762,000.00 13,865,000.00 13,293,000.00 12,408,000.00
Gross Profit -28,338,000.00 8,434,000.00 6,887,000.00 6,335,000.00 5,450,000.00
   Selling, General and Administrative Expenses 4,077,000.00 3,795,000.00 3,227,000.00 3,256,000.00 3,075,000.00
   Research and Development Expenses 794,000.00 754,000.00 665,000.00 616,000.00 551,000.00
Interest Income 0 0 0 0.00 0.00
Interest Expense 130,000.00 151,000.00 144,000.00 144,000.00 149,000.00
Net Interest 0 -151,000.00 -144,000.00 -144,000.00 -149,000.00
EBT 9,108,000.00 7,712,000.00 5,715,000.00 5,612,000.00 3,254,000.00
Income Tax 756,000.00 612,000.00 420,000.00 708,000.00 276,000.00
Equity Method Investments Income 12,000.00 0 0 0 0
Net Income Including Non-Controlling Interests 3,790,000.00 3,213,000.00 2,458,000.00 2,142,000.00 1,405,000.00
Net Income Non-Controlling Interests 4,000.00 5,000.00 4,000.00 2,000.00 5,000.00
Net Income 3,794,000.00 3,218,000.00 2,462,000.00 2,144,000.00 1,410,000.00
EBIT 9,238,000.00 7,863,000.00 5,859,000.00 5,756,000.00 3,403,000.00
Deprecation and Amortization 921,000.00 926,000.00 954,000.00 922,000.00 811,000.00
EBITDA 10,159,000.00 8,789,000.00 6,813,000.00 6,678,000.00 4,214,000.00
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 397,600.00 399,100.00 398,700.00 398,700.00 402,200.00
Average Shares Outstanding Diluted 399,400.00 401,100.00 400,800.00 401,600.00 404,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 4,327,000.00 3,624,000.00 2,533,000.00 2,163,000.00 2,944,000.00
   Operating Net Income 11,390,000.00 9,664,000.00 7,393,000.00 6,436,000.00 4,240,000.00
   Deprecation and Amortization 921,000.00 926,000.00 954,000.00 922,000.00 811,000.00
   Deferred Income Tax -154,000.00 -182,000.00 -128,000.00 -30,000.00 -125,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 1,655,000.00 1,503,000.00 2,224,000.00 1,812,000.00 -520,000.00
   Other Operating Activities -9,485,000.00 -8,287,000.00 -7,910,000.00 -6,977,000.00 -1,462,000.00
Investing Cash Flow -271,000.00 -2,575,000.00 -1,200,000.00 -1,764,000.00 397,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 893,000.00 833,000.00 1,931,000.00 1,701,000.00 1,145,000.00
   Net Purchase/Sale of Investments Net 102,000.00 122,000.00 121,000.00 170,000.00 75,000.00
   Net Purchase/Sale of Business 50,000.00 0 641,000.00 7,629,000.00 1,608,000.00
   Other Investing Activities -1,316,000.00 -3,530,000.00 -3,893,000.00 -11,264,000.00 -2,431,000.00
Financing Cash Flow -3,936,000.00 -871,000.00 -1,340,000.00 -535,000.00 -3,258,000.00
   Net Issuance/Repayment of Debt 2,091,000.00 526,000.00 4,324,000.00 2,831,000.00 505,000.00
   Net Issuance/Repurchase of Equity 2,630,000.00 78,000.00 342,000.00 248,000.00 1,749,000.00
   Dividends Paid 1,500,000.00 1,379,000.00 1,299,000.00 1,219,000.00 1,175,000.00
   Other Financing Activities -10,157,000.00 -2,854,000.00 -7,305,000.00 -4,833,000.00 -6,687,000.00
Net Change in Cash 67,000.00 194,000.00 -3,000.00 -141,000.00 68,000.00
   Cash at Beginning of Period 488,000.00 294,000.00 297,000.00 438,000.00 370,000.00
   Cash at End of Period 555,000.00 488,000.00 294,000.00 297,000.00 438,000.00
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 75,489,000.00 74,837,000.00 72,999,000.00 70,570,000.00 39,236,000.00 39,381,000.00 38,535,000.00 68,917,000.00 37,289,000.00 36,772,000.00 35,517,000.00 60,551,000.00 34,364,000.00 35,153,000.00 35,208,000.00 56,963,000.00 34,128,000.00 36,804,000.00 34,080,000.00 52,243,000.00
   Current Assets 12,131,000.00 11,897,000.00 12,434,000.00 11,801,000.00 12,152,000.00 12,652,000.00 11,853,000.00 11,675,000.00 10,983,000.00 10,303,000.00 9,138,000.00 8,746,000.00 8,540,000.00 8,687,000.00 8,194,000.00 7,511,000.00 7,487,000.00 9,789,000.00 9,905,000.00 9,178,000.00
      Cash and Short-Term Investments 565,000.00 584,000.00 1,939,000.00 2,080,000.00 1,994,000.00 2,781,000.00 2,442,000.00 2,609,000.00 1,906,000.00 1,330,000.00 524,000.00 555,000.00 518,000.00 623,000.00 505,000.00 568,000.00 660,000.00 540,000.00 1,299,000.00 1,102,000.00
            Cash and Cash Equivalents 328,000.00 398,000.00 1,777,000.00 555,000.00 473,000.00 540,000.00 473,000.00 488,000.00 348,000.00 353,000.00 235,000.00 294,000.00 231,000.00 364,000.00 237,000.00 297,000.00 271,000.00 279,000.00 354,000.00 438,000.00
            Short-Term Investments 237,000.00 186,000.00 162,000.00 1,525,000.00 1,521,000.00 2,241,000.00 1,969,000.00 2,121,000.00 1,558,000.00 977,000.00 289,000.00 261,000.00 287,000.00 259,000.00 268,000.00 271,000.00 389,000.00 261,000.00 945,000.00 664,000.00
      Net Receivables 5,556,000.00 5,486,000.00 5,094,000.00 4,619,000.00 4,886,000.00 4,861,000.00 4,674,000.00 4,475,000.00 4,460,000.00 4,399,000.00 4,239,000.00 4,076,000.00 3,816,000.00 3,837,000.00 3,667,000.00 3,297,000.00 3,393,000.00 3,341,000.00 3,065,000.00 2,904,000.00
      Inventory 4,613,000.00 4,581,000.00 4,392,000.00 4,227,000.00 4,178,000.00 3,963,000.00 3,868,000.00 3,739,000.00 3,713,000.00 3,670,000.00 3,604,000.00 3,430,000.00 3,428,000.00 3,445,000.00 3,317,000.00 2,969,000.00 2,802,000.00 2,668,000.00 2,399,000.00 2,109,000.00
      Other Current Assets 1,397,000.00 1,246,000.00 1,009,000.00 875,000.00 1,094,000.00 1,047,000.00 869,000.00 852,000.00 904,000.00 904,000.00 771,000.00 685,000.00 778,000.00 782,000.00 705,000.00 677,000.00 632,000.00 3,240,000.00 3,142,000.00 3,063,000.00
   Non-Current Assets 63,358,000.00 62,940,000.00 60,565,000.00 58,769,000.00 27,084,000.00 26,729,000.00 26,682,000.00 57,242,000.00 26,306,000.00 26,469,000.00 26,379,000.00 51,805,000.00 25,824,000.00 26,466,000.00 27,014,000.00 49,452,000.00 26,641,000.00 27,015,000.00 24,175,000.00 43,065,000.00
      Property, Plant, Equipment Net 27,534,000.00 27,291,000.00 26,111,000.00 29,482,000.00 25,855,000.00 25,149,000.00 24,883,000.00 28,151,000.00 23,634,000.00 23,408,000.00 22,990,000.00 25,627,000.00 21,515,000.00 21,768,000.00 21,994,000.00 24,733,000.00 21,633,000.00 21,659,000.00 20,880,000.00 23,972,000.00
      Goodwill 32,174,000.00 15,790,000.00 14,851,000.00 29,425,000.00 15,044,000.00 29,699,000.00 14,877,000.00 14,977,000.00 14,781,000.00 29,829,000.00 29,787,000.00 29,847,000.00 31,478,000.00 32,134,000.00 30,886,000.00 31,564,000.00 31,556,000.00 30,681,000.00 13,757,000.00 12,903,000.00
      Intangible Assets 5,136,000.00 5,227,000.00 4,586,000.00 4,658,000.00 4,809,000.00 4,883,000.00 4,975,000.00 5,091,000.00 5,158,000.00 5,285,000.00 5,386,000.00 5,485,000.00 5,492,000.00 5,689,000.00 6,012,000.00 5,855,000.00 6,041,000.00 6,195,000.00 4,722,000.00 4,175,000.00
      Long-Term Investments 0 0 0 872,000.00 0 0 0 860,000.00 0 0 0 788,000.00 0 0 0 777,000.00 0 0 0 680,000.00
      Non-Current Deferred Assets 568,000.00 621,000.00 609,000.00 609,000.00 549,000.00 499,000.00 481,000.00 458,000.00 349,000.00 354,000.00 340,000.00 330,000.00 386,000.00 403,000.00 388,000.00 392,000.00 422,000.00 445,000.00 436,000.00 426,000.00
      Other Non-Current Assets -2,054,000.00 14,011,000.00 14,408,000.00 -6,277,000.00 -19,173,000.00 -33,501,000.00 -18,534,000.00 7,705,000.00 -17,616,000.00 -32,407,000.00 -32,124,000.00 -10,272,000.00 -33,047,000.00 -33,528,000.00 -32,266,000.00 -13,869,000.00 -33,011,000.00 -31,965,000.00 -15,620,000.00 909,000.00
Liabilities 21,765,000.00 21,859,000.00 20,658,000.00 19,851,000.00 20,073,000.00 20,128,000.00 19,210,000.00 19,363,000.00 18,869,000.00 18,785,000.00 18,033,000.00 17,940,000.00 18,261,000.00 18,736,000.00 18,552,000.00 17,576,000.00 18,114,000.00 21,354,000.00 19,043,000.00 16,851,000.00
   Current Liabilities 9,474,000.00 9,594,000.00 9,522,000.00 7,857,000.00 7,941,000.00 8,120,000.00 7,613,000.00 7,747,000.00 7,563,000.00 6,725,000.00 6,087,000.00 6,360,000.00 6,653,000.00 8,974,000.00 8,256,000.00 7,212,000.00 5,914,000.00 8,906,000.00 6,581,000.00 5,881,000.00
      Payables and Expenses 4,506,000.00 4,291,000.00 4,143,000.00 4,348,000.00 4,296,000.00 4,026,000.00 3,892,000.00 4,041,000.00 3,847,000.00 3,657,000.00 3,468,000.00 3,539,000.00 3,369,000.00 3,376,000.00 3,198,000.00 3,298,000.00 3,080,000.00 2,909,000.00 2,506,000.00 2,338,000.00
            Account Payables 3,826,000.00 3,762,000.00 3,654,000.00 3,678,000.00 3,609,000.00 3,497,000.00 3,400,000.00 3,365,000.00 3,255,000.00 3,192,000.00 3,118,000.00 3,072,000.00 2,937,000.00 3,013,000.00 2,867,000.00 2,797,000.00 2,591,000.00 2,484,000.00 2,172,000.00 1,987,000.00
            Current Accrued Liabilities 680,000.00 529,000.00 489,000.00 670,000.00 687,000.00 529,000.00 492,000.00 676,000.00 592,000.00 465,000.00 350,000.00 467,000.00 432,000.00 363,000.00 331,000.00 501,000.00 489,000.00 425,000.00 334,000.00 351,000.00
      Short-Term Debt 1,897,000.00 2,245,000.00 2,471,000.00 674,000.00 717,000.00 1,282,000.00 995,000.00 1,025,000.00 999,000.00 496,000.00 95,000.00 334,000.00 926,000.00 3,422,000.00 2,844,000.00 1,748,000.00 544,000.00 3,381,000.00 1,476,000.00 1,048,000.00
      Other Current Liabilities 3,071,000.00 3,058,000.00 2,908,000.00 2,835,000.00 2,928,000.00 2,812,000.00 2,726,000.00 2,681,000.00 2,717,000.00 2,572,000.00 2,524,000.00 2,487,000.00 2,358,000.00 2,176,000.00 2,214,000.00 2,166,000.00 2,290,000.00 2,616,000.00 2,599,000.00 2,495,000.00
   Non-Current Liabilities 12,291,000.00 12,265,000.00 11,136,000.00 11,994,000.00 12,132,000.00 12,008,000.00 11,597,000.00 11,616,000.00 11,306,000.00 12,060,000.00 11,946,000.00 11,580,000.00 11,608,000.00 9,762,000.00 10,296,000.00 10,364,000.00 12,200,000.00 12,448,000.00 12,462,000.00 10,970,000.00
      Long-Term Debt 9,324,000.00 9,338,000.00 8,278,000.00 9,147,000.00 9,359,000.00 9,211,000.00 8,793,000.00 8,777,000.00 8,636,000.00 9,286,000.00 9,167,000.00 8,780,000.00 8,529,000.00 6,663,000.00 7,105,000.00 7,168,000.00 8,863,000.00 9,087,000.00 9,010,000.00 7,336,000.00
      Other Non-Current Liabilities 2,967,000.00 2,927,000.00 2,858,000.00 2,847,000.00 2,773,000.00 2,797,000.00 2,804,000.00 2,839,000.00 2,670,000.00 2,774,000.00 2,779,000.00 2,800,000.00 3,079,000.00 3,099,000.00 3,191,000.00 3,196,000.00 3,337,000.00 3,361,000.00 3,452,000.00 3,634,000.00
Equity 53,724,000.00 52,978,000.00 52,341,000.00 50,719,000.00 19,163,000.00 19,253,000.00 19,325,000.00 49,554,000.00 18,420,000.00 17,987,000.00 17,484,000.00 42,611,000.00 16,103,000.00 16,417,000.00 16,656,000.00 39,387,000.00 16,014,000.00 15,450,000.00 15,037,000.00 35,392,000.00
   Shareholders Equity 18,843,000.00 18,606,000.00 18,506,000.00 18,516,000.00 19,117,000.00 19,243,000.00 19,314,000.00 19,036,000.00 18,383,000.00 17,953,000.00 17,449,000.00 17,038,000.00 16,068,000.00 16,380,000.00 16,620,000.00 16,413,000.00 15,971,000.00 15,408,000.00 14,995,000.00 14,930,000.00
      Capital Stock 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00 4,000.00
      Share Premium 12,813,000.00 12,780,000.00 12,711,000.00 12,731,000.00 12,694,000.00 12,662,000.00 12,630,000.00 12,634,000.00 12,604,000.00 12,554,000.00 12,502,000.00 12,512,000.00 12,478,000.00 12,452,000.00 12,427,000.00 12,449,000.00 12,411,000.00 12,368,000.00 12,335,000.00 12,329,000.00
      Retained Earnings 10,168,000.00 9,917,000.00 10,041,000.00 10,096,000.00 10,366,000.00 10,622,000.00 10,605,000.00 10,305,000.00 9,703,000.00 9,156,000.00 8,757,000.00 8,468,000.00 8,070,000.00 7,886,000.00 7,707,000.00 7,594,000.00 7,345,000.00 7,068,000.00 6,883,000.00 6,794,000.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -4,142,000.00 -4,095,000.00 -4,250,000.00 -4,342,000.00 -3,947,000.00 -4,069,000.00 -3,946,000.00 -3,906,000.00 -3,927,000.00 -3,760,000.00 -3,814,000.00 -3,946,000.00 -4,483,000.00 -3,961,000.00 -3,517,000.00 -3,633,000.00 -3,788,000.00 -4,031,000.00 -4,225,000.00 -4,195,000.00
   Minority Interest 42,000.00 41,000.00 41,000.00 43,000.00 45,000.00 35,000.00 34,000.00 33,000.00 36,000.00 36,000.00 36,000.00 38,000.00 35,000.00 36,000.00 36,000.00 38,000.00 43,000.00 42,000.00 42,000.00 43,000.00
Investments 237,000.00 186,000.00 162,000.00 1,525,000.00 1,521,000.00 2,241,000.00 1,969,000.00 2,121,000.00 1,558,000.00 977,000.00 289,000.00 261,000.00 287,000.00 259,000.00 268,000.00 271,000.00 389,000.00 261,000.00 945,000.00 664,000.00
Debt 11,221,000.00 11,583,000.00 10,749,000.00 9,821,000.00 10,076,000.00 10,493,000.00 9,788,000.00 9,802,000.00 9,635,000.00 9,782,000.00 9,262,000.00 9,114,000.00 9,455,000.00 10,085,000.00 9,949,000.00 8,916,000.00 9,407,000.00 12,468,000.00 10,486,000.00 8,384,000.00
Net Debt 10,656,000.00 10,999,000.00 8,810,000.00 7,741,000.00 8,082,000.00 7,712,000.00 7,346,000.00 7,193,000.00 7,729,000.00 8,452,000.00 8,738,000.00 8,559,000.00 8,937,000.00 9,462,000.00 9,444,000.00 8,348,000.00 8,747,000.00 11,928,000.00 9,187,000.00 7,282,000.00
Common Shares Outstanding 388,400.00 389,300.00 391,300.00 392,900.00 395,200.00 398,100.00 399,800.00 399,400.00 399,300.00 399,000.00 398,600.00 397,800.00 397,700.00 398,300.00 399,000.00 398,800.00 398,600.00 398,600.00 398,500.00 398,100.00
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
Revenues 20,393,000.00 13,404,000.00 6,377,000.00 -11,996,000.00 18,638,000.00 12,293,000.00 5,943,000.00 -10,865,000.00 17,229,000.00 11,349,000.00 5,483,000.00 -9,513,000.00 15,368,000.00 10,054,000.00 4,843,000.00 -9,801,000.00 14,830,000.00 9,907,000.00 4,692,000.00
Cost Of Revenue 43,553,000.00 28,761,000.00 13,641,000.00 30,262,000.00 11,564,000.00 7,665,000.00 3,725,000.00 -7,213,000.00 11,030,000.00 7,346,000.00 3,599,000.00 -6,497,000.00 10,319,000.00 6,774,000.00 3,269,000.00 -6,687,000.00 10,067,000.00 6,729,000.00 3,184,000.00
Gross Profit -23,160,000.00 -15,357,000.00 -7,264,000.00 -42,258,000.00 7,074,000.00 4,628,000.00 2,218,000.00 -3,652,000.00 6,199,000.00 4,003,000.00 1,884,000.00 -3,016,000.00 5,049,000.00 3,280,000.00 1,574,000.00 -3,114,000.00 4,763,000.00 3,178,000.00 1,508,000.00
   Selling, General and Administrative Expenses 3,302,000.00 2,197,000.00 1,048,000.00 -2,068,000.00 3,074,000.00 2,046,000.00 1,025,000.00 -1,838,000.00 2,839,000.00 1,890,000.00 904,000.00 -1,612,000.00 2,431,000.00 1,618,000.00 790,000.00 -1,715,000.00 2,505,000.00 1,671,000.00 795,000.00
   Research and Development Expenses 594,000.00 390,000.00 198,000.00 -373,000.00 593,000.00 385,000.00 189,000.00 -344,000.00 553,000.00 366,000.00 179,000.00 -331,000.00 498,000.00 333,000.00 165,000.00 -288,000.00 454,000.00 302,000.00 148,000.00
Interest Income 0 0 0 0 0.00 0 0 0 0 0 0 0 0 0 0 0.00 0 0 0
Interest Expense 171,000.00 103,000.00 33,000.00 -47,000.00 88,000.00 59,000.00 30,000.00 -114,000.00 124,000.00 91,000.00 50,000.00 -51,000.00 100,000.00 63,000.00 32,000.00 -81,000.00 112,000.00 75,000.00 38,000.00
Net Interest 0 0 0 0 -88,000.00 -59,000.00 -30,000.00 114,000.00 -124,000.00 -91,000.00 -50,000.00 51,000.00 -100,000.00 -63,000.00 -32,000.00 81,000.00 -112,000.00 -75,000.00 -38,000.00
EBT 3,615,000.00 2,341,000.00 1,158,000.00 2,523,000.00 3,389,000.00 2,193,000.00 1,003,000.00 2,483,000.00 2,779,000.00 1,681,000.00 769,000.00 1,876,000.00 1,970,000.00 1,281,000.00 588,000.00 1,907,000.00 2,136,000.00 1,075,000.00 494,000.00
Income Tax 675,000.00 412,000.00 210,000.00 -375,000.00 570,000.00 380,000.00 181,000.00 -266,000.00 471,000.00 281,000.00 126,000.00 -161,000.00 301,000.00 196,000.00 84,000.00 -188,000.00 651,000.00 175,000.00 70,000.00
Equity Method Investments Income 0 0 0 12,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Including Non-Controlling Interests 2,952,000.00 1,943,000.00 963,000.00 -1,661,000.00 2,819,000.00 1,812,000.00 820,000.00 -1,072,000.00 2,269,000.00 1,379,000.00 637,000.00 -944,000.00 1,739,000.00 1,132,000.00 531,000.00 -869,000.00 1,591,000.00 963,000.00 457,000.00
Net Income Non-Controlling Interests 3,000.00 2,000.00 1,000.00 -3,000.00 4,000.00 2,000.00 1,000.00 -3,000.00 4,000.00 3,000.00 1,000.00 0.00 2,000.00 1,000.00 1,000.00 -2,000.00 2,000.00 1,000.00 1,000.00
Net Income 2,955,000.00 1,945,000.00 964,000.00 -1,664,000.00 2,823,000.00 1,814,000.00 821,000.00 -1,075,000.00 2,273,000.00 1,382,000.00 638,000.00 -944,000.00 1,741,000.00 1,133,000.00 532,000.00 -871,000.00 1,593,000.00 964,000.00 458,000.00
EBIT 3,786,000.00 2,444,000.00 1,191,000.00 2,476,000.00 3,477,000.00 2,252,000.00 1,033,000.00 2,369,000.00 2,903,000.00 1,772,000.00 819,000.00 1,825,000.00 2,070,000.00 1,344,000.00 620,000.00 1,826,000.00 2,248,000.00 1,150,000.00 532,000.00
Deprecation and Amortization 751,000.00 493,000.00 232,000.00 -443,000.00 687,000.00 452,000.00 225,000.00 -473,000.00 695,000.00 466,000.00 238,000.00 -485,000.00 716,000.00 479,000.00 244,000.00 -407,000.00 684,000.00 437,000.00 208,000.00
EBITDA 4,537,000.00 2,937,000.00 1,423,000.00 2,033,000.00 4,164,000.00 2,704,000.00 1,258,000.00 1,896,000.00 3,598,000.00 2,238,000.00 1,057,000.00 1,340,000.00 2,786,000.00 1,823,000.00 864,000.00 1,419,000.00 2,932,000.00 1,587,000.00 740,000.00
EPS 0.01 0.00 0.00 -0.00 0.01 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 0.01 0.00 0.00 0.00 0.01 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 390,400.00 391,200.00 392,200.00 392,200.00 398,700.00 399,600.00 399,900.00 400,200.00 399,000.00 398,700.00 398,500.00 397,600.00 398,900.00 399,100.00 399,200.00 399,200.00 398,700.00 398,600.00 398,300.00
Average Shares Outstanding Diluted 391,700.00 392,500.00 393,600.00 393,600.00 400,600.00 401,500.00 401,900.00 402,400.00 400,900.00 400,600.00 400,500.00 399,300.00 400,900.00 401,200.00 401,800.00 402,900.00 401,400.00 401,200.00 400,900.00
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 2,507,000.00 1,156,000.00 238,000.00 -299,000.00 2,730,000.00 1,421,000.00 475,000.00 -222,000.00 2,326,000.00 1,185,000.00 335,000.00 762,000.00 1,347,000.00 382,000.00 42,000.00 -362,000.00 1,368,000.00 897,000.00 260,000.00
   Operating Net Income 2,958,000.00 1,947,000.00 2,894,000.00 4,282,000.00 2,827,000.00 1,816,000.00 2,465,000.00 4,087,000.00 2,277,000.00 1,384,000.00 1,916,000.00 2,917,000.00 1,743,000.00 1,135,000.00 1,598,000.00 2,500,000.00 1,595,000.00 965,000.00 1,376,000.00
   Deprecation and Amortization 751,000.00 493,000.00 232,000.00 -443,000.00 687,000.00 452,000.00 225,000.00 -473,000.00 695,000.00 466,000.00 238,000.00 -485,000.00 716,000.00 479,000.00 244,000.00 -407,000.00 684,000.00 437,000.00 208,000.00
   Deferred Income Tax 0 0 0 -154,000.00 0 0 0 -182,000.00 0 0 0 -128,000.00 0 0 0 -30,000.00 0 0 0
   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 1,239,000.00 1,274,000.00 888,000.00 -357,000.00 745,000.00 775,000.00 492,000.00 -108,000.00 505,000.00 625,000.00 481,000.00 -746,000.00 1,042,000.00 1,158,000.00 770,000.00 1,001,000.00 422,000.00 242,000.00 147,000.00
   Other Operating Activities -2,441,000.00 -2,558,000.00 -3,776,000.00 -3,627,000.00 -1,529,000.00 -1,622,000.00 -2,707,000.00 -3,546,000.00 -1,151,000.00 -1,290,000.00 -2,300,000.00 -796,000.00 -2,154,000.00 -2,390,000.00 -2,570,000.00 -3,426,000.00 -1,333,000.00 -747,000.00 -1,471,000.00
Investing Cash Flow -783,000.00 -490,000.00 1,233,000.00 207,000.00 0 -511,000.00 33,000.00 361,000.00 -1,782,000.00 -1,030,000.00 -124,000.00 1,367,000.00 -983,000.00 -822,000.00 -762,000.00 6,608,000.00 -1,688,000.00 -4,483,000.00 -2,201,000.00
   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 580,000.00 402,000.00 196,000.00 -432,000.00 637,000.00 447,000.00 241,000.00 -150,000.00 568,000.00 286,000.00 129,000.00 915,000.00 555,000.00 346,000.00 115,000.00 898,000.00 412,000.00 272,000.00 119,000.00
   Net Purchase/Sale of Investments Net 79,000.00 65,000.00 35,000.00 -71,000.00 95,000.00 75,000.00 3,000.00 -35,000.00 77,000.00 66,000.00 14,000.00 -54,000.00 100,000.00 58,000.00 17,000.00 -204,000.00 147,000.00 142,000.00 85,000.00
   Net Purchase/Sale of Business 1,504,000.00 1,450,000.00 0 -51,000.00 50,000.00 51,000.00 0 0 0 0 0 -1,248,000.00 643,000.00 634,000.00 612,000.00 -6,181,000.00 7,610,000.00 4,500,000.00 1,700,000.00
   Other Investing Activities -2,946,000.00 -2,407,000.00 1,002,000.00 -21,000.00 0 -1,084,000.00 -211,000.00 546,000.00 -2,427,000.00 -1,382,000.00 -267,000.00 1,754,000.00 -2,281,000.00 -1,860,000.00 -1,506,000.00 12,095,000.00 -9,857,000.00 -9,397,000.00 -4,105,000.00
Financing Cash Flow -1,812,000.00 -697,000.00 -244,000.00 131,000.00 -2,692,000.00 -839,000.00 -536,000.00 30,000.00 -507,000.00 -113,000.00 -281,000.00 -2,039,000.00 -445,000.00 492,000.00 652,000.00 -6,029,000.00 166,000.00 3,453,000.00 1,875,000.00
   Net Issuance/Repayment of Debt 2,533,000.00 2,882,000.00 808,000.00 -1,474,000.00 2,089,000.00 1,479,000.00 -3,000.00 -691,000.00 534,000.00 598,000.00 85,000.00 -3,074,000.00 4,899,000.00 1,390,000.00 1,109,000.00 -8,859,000.00 3,239,000.00 6,187,000.00 2,264,000.00
   Net Issuance/Repurchase of Equity 1,706,000.00 1,336,000.00 622,000.00 -2,000.00 1,669,000.00 784,000.00 179,000.00 -58,000.00 73,000.00 46,000.00 17,000.00 -253,000.00 302,000.00 199,000.00 94,000.00 -109,000.00 170,000.00 107,000.00 80,000.00
   Dividends Paid 1,222,000.00 818,000.00 397,000.00 -754,000.00 1,130,000.00 756,000.00 368,000.00 -682,000.00 1,035,000.00 692,000.00 334,000.00 -652,000.00 977,000.00 654,000.00 320,000.00 -610,000.00 916,000.00 613,000.00 300,000.00
   Other Financing Activities -7,273,000.00 -5,733,000.00 -2,071,000.00 2,361,000.00 -7,580,000.00 -3,858,000.00 -1,080,000.00 1,461,000.00 -2,149,000.00 -1,449,000.00 -717,000.00 1,940,000.00 -6,623,000.00 -1,751,000.00 -871,000.00 3,549,000.00 -4,159,000.00 -3,454,000.00 -769,000.00
Net Change in Cash -227,000.00 -157,000.00 1,221,000.00 44,000.00 -14,000.00 52,000.00 -15,000.00 140,000.00 54,000.00 59,000.00 -59,000.00 58,000.00 -67,000.00 66,000.00 -60,000.00 269,000.00 -167,000.00 -159,000.00 -84,000.00
   Cash at Beginning of Period 555,000.00 555,000.00 556,000.00 511,000.00 487,000.00 488,000.00 488,000.00 348,000.00 294,000.00 294,000.00 294,000.00 236,000.00 298,000.00 298,000.00 297,000.00 28,000.00 438,000.00 438,000.00 438,000.00
   Cash at End of Period 328,000.00 398,000.00 1,777,000.00 555,000.00 473,000.00 540,000.00 473,000.00 488,000.00 348,000.00 353,000.00 235,000.00 294,000.00 231,000.00 364,000.00 237,000.00 297,000.00 271,000.00 279,000.00 354,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0