Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.42 -0.85 -1.81 -3.51
Price to Sales 1.36 256.82
Book Value Per Common Share -0.02 -0.12 0.34 1.40
Price to Book -179.11 -274.72 257.99 158.09
Price to Operating Cash Flow -0.35 -1.06 -1.63 -3.93
Price to Free Cash Flow -0.35 -1.05 -1.61 -3.70
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 7.52 -2.45 -3.70 -1.21 -7.78
Price to Sales 3.19 318.18 37.18 5.70
Book Value Per Common Share -0.32 0.02 0.03 -0.02 0.00
Price to Book -11.70 124.37 56.57 -179.11 11961.54
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 4480.82
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 20148.65 -95.96
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 4.71 7.65 27.89 82.51
Quick Ratio 1.58 0.74 3.85 7.88
Current Ratio 2.01 1.18 4.51 8.03
Debt to Equity -8.56 -3.73 1.65 0.24
Long-Term Debt to Equity -5.91 -2.23 1.20 0.10
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 1.66 3.05 3.23 4.71 4.14
Quick Ratio 3.42 1.58
Current Ratio 3.42 2.01
Debt to Equity 0.79 2.61 -8.56
Long-Term Debt to Equity 1.75 -5.91

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -84.64 -171.66 -105.19 -61.08
ROE 639.65 467.86 -279.04 -75.63
Gross Margin
Operating Margin -310.80 -30161.64
EBITDA Margin -292.64 -29319.18
Net Profit Margin -316.00 -30308.22
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 15.53 -21.52 -6.26 -29.07 -12.74
ROE 27.82 -77.59 219.67
Gross Margin
Operating Margin 76.24 -12932.43 -4595.90 -54.59
EBITDA Margin 76.24 -12932.43 -4595.90 -54.59
Net Profit Margin 61.64 -13056.76 -2974.59 -64.14

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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 12,485.00 12,889.00 22,025.00 40,163.00
   Current Assets 8,765.00 8,350.00 16,985.00 34,705.00
      Cash and Short-Term Investments 5,052.00 4,183.00 13,184.00 32,166.00
            Cash and Cash Equivalents 5,052.00 4,183.00 13,184.00 32,166.00
            Short-Term Investments 0 0 0 0
      Net Receivables 1,858.00 1,075.00 1,307.00 1,901.00
      Inventory 0 0 0 0
      Other Current Assets 1,855.00 3,092.00 2,494.00 638.00
   Non-Current Assets 3,720.00 4,539.00 5,040.00 5,458.00
      Property, Plant, Equipment Net 3,514.00 4,343.00 4,675.00 5,174.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 284.00
Liabilities 14,137.00 17,618.00 13,722.00 7,726.00
   Current Liabilities 4,368.00 7,084.00 3,762.00 4,323.00
      Payables and Expenses 2,968.00 2,689.00 2,085.00 2,848.00
            Account Payables 2,968.00 2,689.00 2,085.00 2,848.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 473.00 485.00 439.00 440.00
      Other Current Liabilities 927.00 3,910.00 1,238.00 1,035.00
   Non-Current Liabilities 9,769.00 10,534.00 9,960.00 3,403.00
      Long-Term Debt 9,628.00 10,385.00 9,816.00 3,250.00
      Other Non-Current Liabilities 141.00 149.00 144.00 153.00
Equity -1,652.00 -4,729.00 8,303.00 32,437.00
   Shareholders Equity -1,652.00 -4,729.00 8,303.00 32,437.00
      Capital Stock 10,516.00 5,899.00 3,886.00 3,755.00
      Share Premium 95,942.00 87,450.00 80,727.00 80,430.00
      Retained Earnings -118,537.00 -107,970.00 -85,845.00 -50,432.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -3,595.00 -3,773.00 -3,651.00 -1,316.00
   Minority Interest 0 0 0 0
Debt 10,101.00 10,870.00 10,255.00 3,690.00
Net Debt 3,115.00 4,465.00 0 0
Common Shares Outstanding 70,130.56 37,897.78 24,139.41 23,203.81
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 3,344.00 73.00 0 0
Interest Income 254.00 154.00 13.00 0
Interest Expense 962.00 897.00 798.00 159.00
Non-Interest Expense 7,317.00 10,079.00 8,064.00 6,180.00
Operating Expenses 18,076.00 22,270.00 25,264.00 25,834.00
   Selling, General and Administrative Expenses 7,317.00 10,079.00 8,064.00 6,180.00
   Research and Development Expenses 10,457.00 11,916.00 17,056.00 19,583.00
Operating Income -14,732.00 -22,197.00 -25,264.00 -25,834.00
EBT -11,355.00 -22,915.00 -23,941.00 -24,710.00
Income Tax -788.00 -790.00 -772.00 -178.00
Net Income Including Non-Controlling Interests -10,567.00 -22,125.00 -23,169.00 -24,532.00
Net Income -10,567.00 -22,125.00 -23,169.00 -24,532.00
EBIT -10,393.00 -22,018.00 -23,143.00 -24,551.00
Deprecation and Amortization 607.00 615.00 571.00 344.00
EBITDA -9,786.00 -21,403.00 -22,572.00 -24,207.00
EPS -0.01 -0.04 -0.05 -0.06
Diluted EPS -0.01 -0.04 -0.05 -0.06
Average Shares Outstanding Basic 1,072.89 546.72 472.77 389.86
Average Shares Outstanding Diluted 1,072.89 546.72 472.77 389.86
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -12,940.00 -17,691.00 -25,774.00 -21,933.00
   Operating Net Income -10,567.00 -22,125.00 -23,169.00 -24,532.00
   Deprecation and Amortization 607.00 615.00 571.00 344.00
   Deferred Income Tax -813.00 -984.00 -998.00 -190.00
   Share Based Compensation 357.00 479.00 942.00 1,379.00
   Change in Working Capital 520.00 1,562.00 -2,877.00 1,237.00
   Other Operating Activities -3,044.00 2,762.00 -243.00 -171.00
Investing Cash Flow -3.00 -93.00 -268.00 -1,330.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE 0 -87.00 -292.00 -1,300.00
   Net Purchase/Sale of Investments Net -3.00 -6.00 24.00 30.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 -60.00
Financing Cash Flow 13,129.00 10,691.00 7,853.00 49,805.00
   Net Issuance/Repayment of Debt -1,136.00 -632.00 7,425.00 -289.00
   Net Issuance/Repurchase of Equity 16,550.00 9,168.00 428.00 53,854.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -2,285.00 2,155.00 0.00 -3,760.00
Net Change in Cash 186.00 -7,093.00 -18,189.00 26,542.00
   Cash at Beginning of Period 5,583.00 13,184.00 32,166.00 5,834.00
   Cash at End of Period 5,952.00 5,583.00 13,184.00 32,166.00
Free Cash Flow -12,940.00 -17,778.00 -26,066.00 -23,293.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 29,737.00 22,449.00 25,239.00 12,485.00 15,185.00 0
   Current Assets 0 18,177.00 0 8,765.00 0 10,700.00
      Cash and Short-Term Investments 10,572.00 14,746.00 17,843.00 5,052.00 4,576.00 0
            Cash and Cash Equivalents 10,572.00 14,746.00 17,843.00 5,052.00 4,576.00 0
            Short-Term Investments 0 0 0 0 0 0
      Net Receivables 0 3,431.00 0 1,858.00 0 2,707.00
      Inventory 0 0 0 0 0 0
      Other Current Assets 0 0.00 0 1,855.00 0 0
   Non-Current Assets 0 4,272.00 0 3,720.00 0 4,531.00
      Property, Plant, Equipment Net 0 3,623.00 0 3,514.00 0 3,903.00
      Goodwill 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0
      Other Non-Current Assets 0 649.00 0 206.00 0 628.00
Liabilities 13,138.00 16,223.00 25,239.00 14,137.00 15,185.00 0
   Current Liabilities 0 5,322.00 0 4,368.00 0 3,821.00
      Payables and Expenses 0 3,651.00 0 2,968.00 0 3,296.00
            Account Payables 0 2,496.00 0 2,968.00 0 2,558.00
            Current Accrued Liabilities 0 0 0 0 0 0
      Short-Term Debt 0 540.00 0 473.00 0 477.00
      Other Current Liabilities 0 1,131.00 0 927.00 0 48.00
   Non-Current Liabilities 0 10,901.00 0 9,769.00 0 10,157.00
      Long-Term Debt 0 10,743.00 0 9,628.00 0 10,012.00
      Other Non-Current Liabilities 0 158.00 0 141.00 0 145.00
Equity 16,599.00 6,226.00 0 -1,652.00 0 1,253.00
   Shareholders Equity -127,322.00 6,226.00 10,343.00 -1,652.00 74.00 0
      Capital Stock 0 11,823.00 0 10,516.00 0 8,244.00
      Share Premium 0 112,626.00 0 95,942.00 0 0
      Retained Earnings -127,322.00 -124,948.00 -120,112.00 -118,537.00 -114,903.00 0
      Treasury Shares 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 -3,076.00 0 -3,595.00 0 105,983.00
   Minority Interest 0 0 0 0 0 0
Debt 0 11,283.00 0 10,101.00 0 10,489.00
Net Debt 0 0 0 3,115.00 0 427.00
Common Shares Outstanding 396,193.86 315,828.61 315,828.61 70,130.56 57,420.56 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 7,492.00 37.00 0 122.00 3,017.00
Interest Income 2,690.00 30.00 2,493.00 -5,668.00 84.00
Interest Expense 1,360.00 241.00 397.00 -1,703.00 384.00
Non-Interest Expense 1,377.00 2,212.00 1,712.00 1,589.00 2,134.00
Operating Expenses 4,469.00 4,377.00 3,868.00 4,146.00 4,748.00
   Selling, General and Administrative Expenses 1,377.00 2,212.00 1,712.00 1,589.00 2,134.00
   Research and Development Expenses 3,092.00 2,165.00 2,156.00 2,255.00 2,614.00
Operating Income 3,023.00 -4,340.00 -3,868.00 -4,024.00 -1,731.00
EBT 4,352.00 -5,026.00 -1,772.00 -3,904.00 -2,031.00
Income Tax -265.00 -195.00 -192.00 -275.00 -96.00
Net Income Including Non-Controlling Interests 4,618.00 -4,831.00 -1,580.00 -3,629.00 -1,935.00
Net Income 4,618.00 -4,831.00 -1,580.00 -3,629.00 -1,935.00
EBIT 5,712.00 -4,785.00 -1,375.00 -5,607.00 -1,647.00
EBITDA 5,712.00 -4,785.00 -1,375.00 -5,607.00 -1,647.00
EPS 0.00 -0.00 -0.00 -0.00 -0.00
Diluted EPS 0.00 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 6,360.83 4,831.00 5,526.24 1,072.89 1,105.11
Average Shares Outstanding Diluted 6,360.83 4,831.00 5,526.24 1,072.89 1,105.11
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow