Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 28.11 25.49 8.98 7.35 12.69
Price to Sales 3.55 2.67 1.54 1.65 1.95
Book Value Per Common Share 44.51 41.39 39.18 32.96 30.35
Price to Book 6.23 4.13 2.78 4.12 3.61
Price to Operating Cash Flow 11.50 15.89 11.85 4.39 5.04
Price to Free Cash Flow
Enterprise Value to EBITDA 48819.57 43127.92 14818.68 11978.49 19824.57
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 33.66 42.93 52.84 40.93 50.35 86.36 30.50 39.36 53.17 9.63 14.58 27.62 12.19 20.28 37.75
Price to Sales 5.06 6.80 11.06 4.82 6.27 12.65 3.18 4.39 7.71 1.67 2.71 6.00 2.47 4.25 8.17
Book Value Per Common Share 46.73 42.75 38.91 40.53 39.39 37.59 38.05 36.64 35.73 35.85 34.19 35.99 30.17 28.07 28.27
Price to Book 7.22 6.32 5.13 6.25 5.29 5.12 3.62 3.37 3.23 2.29 2.74 3.09 4.43 5.02 4.66
Price to Operating Cash Flow 29.09 -93.41 -14.07 32.25 119.20 -26.32 124.37 -23.06 -11.55 20.61 -21.93 -8.97 10.21 50.44 -16.51
Price to Free Cash Flow
Enterprise Value to EBITDA 66188.02 96197.59 166131.07 74137.44 99338.87 207267.81 51290.06 67693.70 98507.17 16041.81 25099.34 50472.33 20266.29 34755.04 67755.21

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 46.94 -44.77 -34.25 113.89
Revenue YoY 22.67 -12.10 -15.97 44.71
EBITDA YoY 44.15 -47.66 -36.44 102.54
Net Profit YoY 48.07 -46.39 -35.62 111.12
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 59.30 66.40 49.52 85.65 43.95 44.70 33.02 59.31 58.07 98.85
Revenue YoY 68.05 119.89 57.76 118.53 53.19 87.38 42.66 87.36 60.92 103.79
EBITDA YoY 81.57 133.48 62.62 126.00 46.55 55.27 37.01 70.53 60.78 106.53
Net Profit YoY 59.41 66.49 49.16 86.07 43.25 44.62 32.50 60.52 56.04 97.23

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 62.36 53.38 53.44 58.99 46.62
Quick Ratio 2.25 2.66 2.29 2.05 2.02
Current Ratio 2.33 2.82 2.50 2.11 2.13
Debt to Equity 0.24 0.23 0.24 0.27 0.26
Long-Term Debt to Equity 0.13 0.15 0.14 0.15 0.14
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 62.43 44.80 35.24 47.39 43.97 37.33 42.70 38.65 35.90 45.36 39.99 39.60 43.19 36.70 31.04
Quick Ratio 2.57 2.61 2.97 2.73 3.35 4.57 3.48 3.91 4.90 2.79 2.83 3.11 2.30 2.58 3.33
Current Ratio 2.71 2.82 3.25 2.98 3.61 4.89 3.78 4.28 5.29 2.96 3.09 3.30 2.46 2.76 3.54
Debt to Equity 0.22 0.20 0.19 0.21 0.20 0.19 0.21 0.21 0.18 0.21 0.22 0.20 0.23 0.22 0.20
Long-Term Debt to Equity 0.12 0.12 0.12 0.12 0.13 0.14 0.14 0.15 0.14 0.12 0.13 0.12 0.12 0.13 0.13

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.48 1.88 3.55 5.42 2.88
ROE 3.07 2.32 4.39 6.88 3.62
Gross Margin
Operating Margin 71.32 60.04 101.37 135.26 95.14
EBITDA Margin 72.70 61.86 103.90 137.36 98.14
Net Profit Margin 12.62 10.46 17.15 22.38 15.34
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 2.73 2.08 1.42 2.12 1.54 0.91 1.72 1.27 0.98 3.38 2.65 1.71 4.32 3.08 1.69
ROE 3.33 2.51 1.70 2.58 1.85 1.08 2.08 1.53 1.15 4.10 3.23 2.04 5.32 3.76 2.03
Gross Margin
Operating Margin 74.80 68.84 64.47 63.49 61.50 59.03 59.70 62.31 75.43 101.37 105.72 116.45 119.75 119.69 118.08
EBITDA Margin 76.39 70.70 66.59 65.08 63.14 61.05 62.04 64.85 78.27 103.88 108.16 118.83 122.12 122.22 120.60
Net Profit Margin 15.02 15.83 20.91 11.79 12.47 14.65 10.44 11.17 14.47 17.29 18.62 21.73 20.31 20.95 21.65

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 15,255,270.00 13,597,520.00 13,433,585.00 13,652,107.00 12,191,777.00
   Current Assets 2,987,901.00 2,605,217.00 2,706,731.00 2,798,365.00 2,374,604.00
      Cash and Short-Term Investments 2,392,426.00 2,033,761.00 2,096,116.00 2,362,956.00 1,890,434.00
            Cash and Cash Equivalents 873,045.00 596,878.00 663,400.00 578,317.00 829,598.00
            Short-Term Investments 1,519,381.00 1,436,883.00 1,432,716.00 1,784,639.00 1,060,836.00
      Net Receivables 488,634.00 423,098.00 385,131.00 351,668.00 368,346.00
      Inventory 0 0 0 0 0
      Other Current Assets 106,841.00 148,358.00 225,484.00 83,741.00 115,824.00
   Non-Current Assets 12,267,369.00 10,992,303.00 10,726,854.00 10,853,742.00 9,817,173.00
      Property, Plant, Equipment Net 584,214.00 516,068.00 380,829.00 411,918.00 419,330.00
      Goodwill 264,140.00 266,222.00 261,806.00 271,728.00 273,488.00
      Intangible Assets 0 0 0 336.00 698.00
      Long-Term Investments 115,791.00 99,534.00 72,167.00 100,709.00 76,258.00
      Non-Current Deferred Assets 523,626.00 500,533.00 490,446.00 475,903.00 495,457.00
      Other Non-Current Assets 10,779,598.00 9,609,946.00 9,521,606.00 9,593,148.00 8,551,942.00
Liabilities 2,919,429.00 2,585,595.00 2,589,036.00 2,901,423.00 2,513,499.00
   Current Liabilities 1,281,834.00 923,885.00 1,084,240.00 1,324,305.00 1,115,761.00
      Payables and Expenses 29,041.00 25,989.00 28,807.00 31,633.00 37,961.00
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 1,024,076.00 763,160.00 918,489.00 1,109,716.00 778,043.00
      Short-Term Debt 169,106.00 36,259.00 37,968.00 47,321.00 156,793.00
      Other Current Liabilities 1,083,687.00 861,637.00 1,017,465.00 1,245,351.00 921,007.00
   Non-Current Liabilities 1,637,595.00 1,661,710.00 1,504,796.00 1,577,118.00 1,397,738.00
      Long-Term Debt 1,502,001.00 1,182,017.00 1,021,626.00 1,426,202.00 1,315,829.00
      Other Non-Current Liabilities 135,594.00 479,693.00 483,170.00 150,916.00 81,909.00
Equity 12,335,841.00 11,011,925.00 10,844,549.00 10,750,684.00 9,678,278.00
   Shareholders Equity 1,707,642.00 1,576,934.00 1,536,811.00 1,320,371.00 1,230,946.00
      Capital Stock 848.00 821.00 797.00 748.00 722.00
      Share Premium 3,510,356.00 3,163,198.00 2,861,775.00 2,458,779.00 2,266,136.00
      Retained Earnings 2,133,919.00 1,892,656.00 1,768,098.00 1,418,382.00 798,573.00
      Treasury Shares 3,901,424.00 3,453,203.00 3,065,917.00 2,545,452.00 1,824,727.00
      Accumulated Other Comprehensive Income -36,057.00 -26,538.00 -27,942.00 -12,086.00 -9,758.00
   Minority Interest 234,166.00 205,556.00 189,607.00 314,910.00 258,428.00
Investments 1,959,556.00 1,851,908.00 1,860,894.00 2,211,483.00 1,515,863.00
Debt 1,671,107.00 1,218,276.00 1,059,594.00 1,473,523.00 1,472,622.00
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 2,996,361.00 2,442,666.00 2,778,898.00 3,307,085.00 2,285,319.00
Operating Expenses 2,452,679.00 2,066,814.00 2,066,006.00 2,187,061.00 1,737,472.00
   Selling, General and Administrative Expenses 775,198.00 329,260.00 299,550.00 249,429.00 235,151.00
   Other Operating Expenses 1,677,481.00 1,737,554.00 1,766,456.00 1,937,632.00 1,502,321.00
Interest Expense 16,768.00 16,717.00 16,850.00 35,025.00 39,611.00
EBT 2,120,118.00 1,449,850.00 2,800,166.00 4,438,074.00 2,134,528.00
Income Tax 213,390.00 140,197.00 302,063.00 462,077.00 228,706.00
Equity Method Investments Income 18,693.00 19,965.00 23,997.00 42,483.00 43,194.00
Net Income Including Non-Controlling Interests 338,821.00 225,735.00 421,625.00 611,659.00 288,468.00
Net Income Non-Controlling Interests 39,458.00 29,744.00 54,895.00 128,457.00 62,106.00
Net Income 378,279.00 255,479.00 476,520.00 740,116.00 350,574.00
EBIT 2,136,886.00 1,466,567.00 2,817,016.00 4,473,099.00 2,174,139.00
Deprecation and Amortization 41,405.00 44,541.00 70,185.00 69,416.00 68,628.00
EBITDA 2,178,291.00 1,511,108.00 2,887,201.00 4,542,515.00 2,242,767.00
EPS 0.01 0.01 0.01 0.02 0.01
Diluted EPS 0.01 0.01 0.01 0.02 0.01
Average Shares Outstanding Basic 38,365.00 38,101.00 39,224.00 40,054.00 40,553.00
Average Shares Outstanding Diluted 41,646.00 40,099.00 41,037.00 43,321.00 42,623.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 924,650.00 410,174.00 360,974.00 1,238,975.00 882,747.00
   Operating Net Income 1,213,753.00 825,925.00 1,539,350.00 2,477,262.00 1,175,934.00
   Deprecation and Amortization 41,405.00 44,541.00 70,185.00 69,416.00 68,628.00
   Deferred Income Tax 8,074.00 -2,894.00 -855.00 29,078.00 13,824.00
   Share Based Compensation 569,734.00 515,381.00 467,339.00 422,210.00 367,438.00
   Change in Working Capital -17,091.00 -392,202.00 -222,440.00 -68,664.00 256,107.00
   Other Operating Activities -891,225.00 -580,577.00 -1,492,605.00 -1,690,327.00 -999,184.00
Investing Cash Flow 143,329.00 191,265.00 610,962.00 -441,207.00 -281,665.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 30,101.00 20,048.00 23,187.00 27,971.00 53,330.00
   Net Purchase/Sale of Investments Net 6,532,975.00 6,877,504.00 6,564,942.00 6,282,539.00 1,971,650.00
   Net Purchase/Sale of Business 0 0 0 0 679.00
   Other Investing Activities -6,419,747.00 -6,706,287.00 -5,977,167.00 -6,751,717.00 -2,307,324.00
Financing Cash Flow -775,811.00 -685,095.00 -862,825.00 -1,044,083.00 -414,375.00
   Net Issuance/Repayment of Debt 0 0 268,000.00 152,000.00 1,935.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 302,512.00 283,021.00 300,062.00 305,389.00 258,079.00
   Other Financing Activities -1,078,323.00 -968,116.00 -1,430,887.00 -1,501,472.00 -674,389.00
Net Change in Cash 276,623.00 -66,639.00 84,830.00 -250,931.00 194,338.00
   Cash at Beginning of Period 605,484.00 672,123.00 587,293.00 838,224.00 643,886.00
   Cash at End of Period 882,107.00 605,484.00 672,123.00 587,293.00 838,224.00
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 14,230,067.00 11,688,813.00 10,292,644.00 15,255,270.00 11,210,850.00 10,374,317.00 9,405,847.00 13,597,520.00 10,055,790.00 9,512,604.00 8,546,618.00 13,433,585.00 9,952,790.00 9,558,008.00 9,236,635.00 13,652,107.00 10,276,020.00 9,237,584.00 8,525,322.00 12,191,777.00
   Current Assets 3,140,571.00 2,435,106.00 2,046,054.00 2,987,901.00 2,479,865.00 2,243,726.00 1,922,924.00 2,605,217.00 2,130,829.00 1,978,527.00 1,814,937.00 2,706,731.00 2,221,514.00 2,076,011.00 1,980,094.00 2,798,365.00 2,299,726.00 1,961,166.00 1,742,140.00 2,374,604.00
      Cash and Short-Term Investments 2,417,045.00 1,734,545.00 1,364,413.00 2,392,426.00 1,820,227.00 1,691,402.00 1,435,078.00 2,033,761.00 1,630,210.00 1,482,752.00 1,382,332.00 2,096,116.00 1,786,067.00 1,580,006.00 1,551,542.00 2,362,956.00 1,748,780.00 1,505,103.00 1,283,965.00 1,890,434.00
            Cash and Cash Equivalents 851,908.00 617,298.00 552,954.00 873,045.00 533,109.00 631,619.00 569,776.00 596,878.00 492,590.00 520,631.00 579,190.00 663,400.00 473,066.00 444,306.00 454,768.00 578,317.00 478,819.00 442,187.00 410,848.00 829,598.00
            Short-Term Investments 1,565,137.00 1,117,247.00 811,459.00 1,519,381.00 1,287,118.00 1,059,783.00 865,302.00 1,436,883.00 1,137,620.00 962,121.00 803,142.00 1,432,716.00 1,313,001.00 1,135,700.00 1,096,774.00 1,784,639.00 1,269,961.00 1,062,916.00 873,117.00 1,060,836.00
      Net Receivables 561,911.00 518,048.00 507,003.00 488,634.00 447,942.00 386,780.00 361,541.00 423,098.00 332,993.00 322,819.00 299,157.00 385,131.00 303,725.00 317,990.00 313,677.00 351,668.00 397,964.00 328,543.00 356,430.00 368,346.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 161,615.00 182,513.00 174,638.00 106,841.00 211,696.00 165,544.00 126,305.00 148,358.00 167,626.00 172,956.00 133,448.00 225,484.00 131,722.00 178,015.00 114,875.00 83,741.00 152,982.00 127,520.00 101,745.00 115,824.00
   Non-Current Assets 11,089,496.00 9,253,707.00 8,246,590.00 12,267,369.00 8,730,985.00 8,130,591.00 7,482,923.00 10,992,303.00 7,924,961.00 7,534,077.00 6,731,681.00 10,726,854.00 7,731,276.00 7,481,997.00 7,256,541.00 10,853,742.00 7,976,294.00 7,276,418.00 6,783,182.00 9,817,173.00
      Property, Plant, Equipment Net 624,636.00 624,700.00 606,810.00 584,214.00 505,961.00 494,212.00 501,302.00 516,068.00 529,926.00 518,210.00 388,806.00 380,829.00 385,863.00 392,603.00 404,688.00 411,918.00 405,572.00 415,629.00 412,710.00 419,330.00
      Goodwill 128,576.00 129,109.00 125,996.00 264,140.00 127,614.00 125,053.00 125,031.00 266,222.00 123,544.00 125,351.00 124,116.00 261,806.00 119,812.00 123,429.00 126,816.00 271,728.00 128,167.00 129,424.00 129,232.00 273,488.00
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 62.00 154.00 246.00 336.00 426.00 516.00 607.00 698.00
      Long-Term Investments 145,332.00 129,161.00 129,000.00 115,791.00 100,309.00 90,029.00 93,919.00 99,534.00 86,423.00 81,702.00 82,058.00 72,167.00 61,023.00 64,884.00 83,757.00 100,709.00 88,438.00 82,649.00 72,713.00 76,258.00
      Non-Current Deferred Assets 302,991.00 289,217.00 282,470.00 523,626.00 276,569.00 274,194.00 271,649.00 500,533.00 264,592.00 265,194.00 259,830.00 490,446.00 278,535.00 268,299.00 255,267.00 475,903.00 254,490.00 257,492.00 256,491.00 495,457.00
      Other Non-Current Assets 9,887,961.00 8,081,520.00 7,102,314.00 10,779,598.00 7,720,532.00 7,147,103.00 6,491,022.00 9,609,946.00 6,920,476.00 6,543,620.00 5,876,871.00 9,521,606.00 6,885,981.00 6,632,628.00 6,385,767.00 9,593,148.00 7,099,201.00 6,390,708.00 5,911,429.00 8,551,942.00
Liabilities 2,573,037.00 1,984,686.00 1,668,463.00 2,919,429.00 1,982,858.00 1,745,314.00 1,485,813.00 2,585,595.00 1,735,340.00 1,621,214.00 1,325,533.00 2,589,036.00 1,756,196.00 1,694,310.00 1,509,143.00 2,901,423.00 1,923,509.00 1,669,486.00 1,405,548.00 2,513,499.00
   Current Liabilities 1,158,049.00 864,348.00 629,404.00 1,281,834.00 831,750.00 621,093.00 392,939.00 923,885.00 563,361.00 462,149.00 343,403.00 1,084,240.00 749,360.00 670,812.00 599,260.00 1,324,305.00 934,479.00 710,909.00 492,202.00 1,115,761.00
      Payables and Expenses 37,480.00 40,495.00 41,375.00 29,041.00 35,516.00 35,528.00 29,520.00 25,989.00 28,964.00 34,060.00 28,582.00 28,807.00 33,088.00 38,224.00 32,443.00 31,633.00 45,528.00 43,776.00 40,770.00 37,961.00
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 881,526.00 549,660.00 316,383.00 1,024,076.00 629,289.00 429,967.00 228,424.00 763,160.00 422,201.00 297,575.00 196,299.00 918,489.00 595,146.00 505,222.00 348,089.00 1,109,716.00 786,644.00 540,119.00 326,082.00 778,043.00
      Short-Term Debt 157,683.00 232,085.00 230,531.00 169,106.00 119,206.00 38,065.00 37,413.00 36,259.00 34,984.00 32,944.00 34,490.00 37,968.00 40,633.00 45,120.00 182,728.00 47,321.00 44,837.00 44,223.00 43,654.00 156,793.00
      Other Current Liabilities 962,886.00 591,768.00 357,498.00 1,083,687.00 677,028.00 547,500.00 326,006.00 861,637.00 499,413.00 395,145.00 280,331.00 1,017,465.00 675,639.00 587,468.00 384,089.00 1,245,351.00 844,114.00 622,910.00 407,778.00 921,007.00
   Non-Current Liabilities 1,414,988.00 1,120,338.00 1,039,059.00 1,637,595.00 1,151,108.00 1,124,221.00 1,092,874.00 1,661,710.00 1,171,979.00 1,159,065.00 982,130.00 1,504,796.00 1,006,836.00 1,023,498.00 909,883.00 1,577,118.00 989,030.00 958,577.00 913,346.00 1,397,738.00
      Long-Term Debt 1,563,597.00 1,074,773.00 1,077,909.00 1,502,001.00 1,106,809.00 797,118.00 802,014.00 1,182,017.00 810,565.00 795,021.00 661,872.00 1,021,626.00 646,002.00 650,480.00 905,764.00 1,426,202.00 1,043,777.00 1,050,616.00 1,047,626.00 1,315,829.00
      Other Non-Current Liabilities -148,609.00 45,565.00 -38,850.00 135,594.00 44,299.00 327,103.00 290,860.00 479,693.00 361,414.00 364,044.00 320,258.00 483,170.00 360,834.00 373,018.00 4,119.00 150,916.00 -54,747.00 -92,039.00 -134,280.00 81,909.00
Equity 11,657,030.00 9,704,127.00 8,624,181.00 12,335,841.00 9,227,992.00 8,629,003.00 7,920,034.00 11,011,925.00 8,320,450.00 7,891,390.00 7,221,085.00 10,844,549.00 8,196,594.00 7,863,698.00 7,727,492.00 10,750,684.00 8,352,511.00 7,568,098.00 7,119,774.00 9,678,278.00
   Shareholders Equity 1,809,446.00 1,655,079.00 1,506,560.00 1,707,642.00 1,556,847.00 1,515,511.00 1,444,818.00 1,576,934.00 1,452,849.00 1,405,655.00 1,375,933.00 1,536,811.00 1,411,765.00 1,350,559.00 1,410,037.00 1,320,371.00 1,221,595.00 1,150,971.00 1,169,308.00 1,230,946.00
      Capital Stock 871.00 870.00 869.00 848.00 846.00 844.00 843.00 821.00 820.00 819.00 818.00 797.00 796.00 796.00 795.00 748.00 746.00 746.00 745.00 722.00
      Share Premium 3,817,280.00 3,709,719.00 3,596,161.00 3,510,356.00 3,418,918.00 3,331,726.00 3,245,225.00 3,163,198.00 3,088,014.00 3,011,969.00 2,931,682.00 2,861,775.00 2,808,533.00 2,746,245.00 2,679,900.00 2,458,779.00 2,436,727.00 2,383,725.00 2,322,421.00 2,266,136.00
      Retained Earnings 2,414,099.00 2,305,996.00 2,245,124.00 2,133,919.00 2,027,982.00 1,984,130.00 1,945,012.00 1,892,656.00 1,842,910.00 1,823,412.00 1,819,599.00 1,768,098.00 1,659,479.00 1,607,976.00 1,544,765.00 1,418,382.00 1,152,527.00 1,023,260.00 914,120.00 798,573.00
      Treasury Shares 4,407,621.00 4,350,589.00 4,307,384.00 3,901,424.00 3,871,089.00 3,770,688.00 3,716,500.00 3,453,203.00 3,450,970.00 3,410,153.00 3,350,483.00 3,065,917.00 3,006,249.00 2,973,087.00 2,800,593.00 2,545,452.00 2,354,680.00 2,249,533.00 2,059,581.00 1,824,727.00
      Accumulated Other Comprehensive Income -15,183.00 -10,917.00 -28,210.00 -36,057.00 -19,810.00 -30,501.00 -29,762.00 -26,538.00 -27,925.00 -20,392.00 -25,683.00 -27,942.00 -50,794.00 -31,371.00 -14,830.00 -12,086.00 -13,725.00 -7,227.00 -8,397.00 -9,758.00
   Minority Interest 276,214.00 263,415.00 245,095.00 234,166.00 223,107.00 212,015.00 203,454.00 205,556.00 201,619.00 198,925.00 193,278.00 189,607.00 176,075.00 170,150.00 177,632.00 314,910.00 290,643.00 274,296.00 265,089.00 258,428.00
Investments 2,106,138.00 1,618,800.00 1,297,511.00 1,959,556.00 1,721,171.00 1,464,084.00 1,240,459.00 1,851,908.00 1,513,138.00 1,326,963.00 1,146,043.00 1,860,894.00 1,660,040.00 1,496,594.00 1,458,614.00 2,211,483.00 1,738,698.00 1,467,298.00 1,315,907.00 1,515,863.00
Debt 1,721,280.00 1,306,858.00 1,308,440.00 1,671,107.00 1,226,015.00 835,183.00 839,427.00 1,218,276.00 845,549.00 827,965.00 696,362.00 1,059,594.00 686,635.00 695,600.00 1,088,492.00 1,473,523.00 1,088,614.00 1,094,839.00 1,091,280.00 1,472,622.00
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 2,583,056.00 1,537,062.00 699,022.00 -883,894.00 2,016,836.00 1,278,416.00 585,003.00 -867,880.00 1,654,318.00 1,079,914.00 576,314.00 -1,253,889.00 1,943,404.00 1,362,279.00 727,104.00 -905,845.00 2,186,999.00 1,359,051.00 666,880.00
Operating Expenses 2,089,764.00 1,267,086.00 583,645.00 -811,597.00 1,689,905.00 1,077,676.00 496,695.00 -705,703.00 1,400,336.00 906,942.00 465,239.00 -890,472.00 1,444,763.00 998,225.00 513,490.00 -757,351.00 1,527,356.00 948,954.00 468,102.00
   Selling, General and Administrative Expenses 655,052.00 428,248.00 207,012.00 211,504.00 283,531.00 188,611.00 91,552.00 -147,974.00 242,082.00 159,698.00 75,454.00 -132,240.00 220,891.00 143,722.00 67,177.00 -97,919.00 177,365.00 113,346.00 56,637.00
   Other Operating Expenses 1,434,712.00 838,838.00 376,633.00 -1,023,101.00 1,406,374.00 889,065.00 405,143.00 -557,729.00 1,158,254.00 747,244.00 389,785.00 -758,232.00 1,223,872.00 854,503.00 446,313.00 -659,432.00 1,349,991.00 835,608.00 411,465.00
Interest Expense 15,513.00 8,403.00 4,193.00 -8,372.00 12,575.00 8,377.00 4,188.00 -8,342.00 12,536.00 8,352.00 4,171.00 -8,604.00 12,696.00 8,508.00 4,250.00 8,310.00 13,269.00 8,876.00 4,570.00
EBT 1,916,668.00 1,049,680.00 446,494.00 -266,760.00 1,267,932.00 777,816.00 341,130.00 -620,334.00 975,132.00 664,500.00 430,552.00 -1,431,476.00 1,957,406.00 1,431,756.00 842,480.00 -568,220.00 2,605,694.00 1,617,720.00 782,880.00
Income Tax 62,332.00 2,538.00 41,727.00 128,364.00 56,659.00 21,688.00 6,679.00 37,893.00 52,945.00 33,228.00 16,131.00 79,803.00 114,134.00 73,344.00 34,782.00 214,366.00 137,871.00 78,159.00 31,681.00
Equity Method Investments Income 8,328.00 5,082.00 2,637.00 -16,590.00 15,762.00 12,546.00 6,975.00 -7,491.00 14,022.00 9,030.00 4,404.00 -18,336.00 20,439.00 14,358.00 7,536.00 -16,140.00 30,297.00 19,254.00 9,072.00
Net Income Including Non-Controlling Interests 357,713.00 226,041.00 138,578.00 -96,223.00 212,737.00 144,045.00 78,262.00 -107,831.00 152,287.00 106,764.00 74,515.00 -231,149.00 293,538.00 220,298.00 138,938.00 -121,346.00 369,910.00 239,942.00 123,153.00
Net Income Non-Controlling Interests 30,255.00 17,344.00 7,606.00 -8,486.00 25,107.00 15,406.00 7,431.00 -13,382.00 20,444.00 13,819.00 8,863.00 -40,071.00 42,543.00 33,345.00 19,078.00 -11,857.00 74,346.00 44,769.00 21,199.00
Net Income 387,968.00 243,385.00 146,184.00 -104,709.00 237,844.00 159,451.00 85,693.00 -121,213.00 172,731.00 120,583.00 83,378.00 -271,220.00 336,081.00 253,643.00 158,016.00 -133,203.00 444,256.00 284,711.00 144,352.00
EBIT 1,932,181.00 1,058,083.00 450,687.00 -275,132.00 1,280,507.00 786,193.00 345,318.00 -628,676.00 987,668.00 672,852.00 434,723.00 -1,440,080.00 1,970,102.00 1,440,264.00 846,730.00 -559,910.00 2,618,963.00 1,626,596.00 787,450.00
Deprecation and Amortization 41,029.00 28,672.00 14,774.00 -23,452.00 32,053.00 20,965.00 11,839.00 -37,937.00 38,660.00 27,486.00 16,332.00 -28,949.00 48,675.00 33,146.00 17,313.00 -33,561.00 51,728.00 34,440.00 16,809.00
EBITDA 1,973,210.00 1,086,755.00 465,461.00 -298,584.00 1,312,560.00 807,158.00 357,157.00 -666,613.00 1,026,328.00 700,338.00 451,055.00 -1,469,029.00 2,018,777.00 1,473,410.00 864,043.00 -593,471.00 2,670,691.00 1,661,036.00 804,259.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 0.00
Diluted EPS 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.01 0.00
Average Shares Outstanding Basic 38,718.00 38,717.00 38,718.00 38,141.00 38,411.00 38,470.00 38,438.00 37,355.00 38,179.00 38,360.00 38,510.00 38,838.00 39,375.00 39,507.00 39,176.00 37,350.00 40,492.00 41,010.00 41,364.00
Average Shares Outstanding Diluted 41,897.00 41,636.00 42,058.00 43,210.00 41,325.00 40,969.00 41,080.00 40,187.00 39,907.00 39,863.00 40,439.00 39,941.00 41,104.00 41,395.00 41,708.00 41,178.00 43,597.00 44,053.00 44,456.00
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 448,997.00 -111,916.00 -549,653.00 836,837.00 301,767.00 67,267.00 -281,221.00 958,136.00 42,324.00 -205,549.00 -384,737.00 858,641.00 157,173.00 -168,620.00 -486,220.00 924,724.00 529,904.00 114,458.00 -330,111.00
   Operating Net Income 418,223.00 260,729.00 153,790.00 682,821.00 262,951.00 174,857.00 93,124.00 406,107.00 193,175.00 134,402.00 92,241.00 696,644.00 378,624.00 286,988.00 177,094.00 1,463,629.00 518,602.00 329,480.00 165,551.00
   Deprecation and Amortization 41,029.00 28,672.00 14,774.00 -23,452.00 32,053.00 20,965.00 11,839.00 -37,937.00 38,660.00 27,486.00 16,332.00 -28,949.00 48,675.00 33,146.00 17,313.00 -33,561.00 51,728.00 34,440.00 16,809.00
   Deferred Income Tax 0 0 0 8,074.00 0 0 0 -2,894.00 0 0 0 -855.00 0 0 0 29,078.00 0 0 0
   Share Based Compensation 507,958.00 329,365.00 148,425.00 -290,526.00 432,511.00 288,412.00 139,337.00 -280,857.00 393,633.00 272,363.00 130,242.00 -246,227.00 357,401.00 238,641.00 117,524.00 -183,391.00 309,204.00 202,186.00 94,211.00
   Change in Working Capital -203,521.00 -502,978.00 -685,733.00 1,441,461.00 -261,065.00 -485,513.00 -711,974.00 2,114,483.00 -742,388.00 -815,164.00 -949,133.00 1,952,920.00 -672,366.00 -660,198.00 -842,796.00 1,287,153.00 -198,122.00 -490,227.00 -667,468.00
   Other Operating Activities -314,692.00 -227,704.00 -180,909.00 -981,541.00 -164,683.00 68,546.00 186,453.00 -1,240,766.00 159,244.00 175,364.00 325,581.00 -1,514,892.00 44,839.00 -67,197.00 44,645.00 -1,638,184.00 -151,508.00 38,579.00 60,786.00
Investing Cash Flow -88,230.00 365,608.00 679,761.00 -996,083.00 179,131.00 383,778.00 576,503.00 -1,210,827.00 290,465.00 480,373.00 631,254.00 -1,116,685.00 418,515.00 615,595.00 693,537.00 -435,112.00 -208,228.00 11,968.00 190,165.00
   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 65,140.00 45,706.00 19,660.00 3,309.00 16,769.00 8,918.00 1,105.00 -15,742.00 18,558.00 12,374.00 4,858.00 -12,825.00 19,072.00 11,449.00 5,491.00 -19,534.00 23,417.00 16,374.00 7,714.00
   Net Purchase/Sale of Investments Net 4,492,338.00 2,609,396.00 1,488,580.00 -3,180,246.00 4,653,201.00 2,982,922.00 2,077,098.00 -5,422,512.00 5,740,303.00 4,210,949.00 2,348,764.00 -3,285,876.00 4,670,223.00 3,075,635.00 2,104,960.00 -765,247.00 3,487,533.00 1,981,059.00 1,579,194.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -4,645,708.00 -2,289,494.00 -828,479.00 2,180,854.00 -4,490,839.00 -2,608,062.00 -1,501,700.00 4,227,427.00 -5,468,396.00 -3,742,950.00 -1,722,368.00 2,182,016.00 -4,270,780.00 -2,471,489.00 -1,416,914.00 349,669.00 -3,719,178.00 -1,985,465.00 -1,396,743.00
Financing Cash Flow -409,213.00 -541,805.00 -460,857.00 504,430.00 -550,651.00 -410,987.00 -318,603.00 595,957.00 -510,604.00 -433,461.00 -336,987.00 659,692.00 -631,514.00 -561,818.00 -329,185.00 423,350.00 -669,719.00 -517,217.00 -280,497.00
   Net Issuance/Repayment of Debt 288,000.00 0 0 0 0 0 0 0 0 0 0 134,000.00 67,000.00 67,000.00 0 38,000.00 38,000.00 38,000.00 38,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 134,055.00 92,400.00 54,817.00 30,105.00 129,615.00 90,118.00 52,674.00 24,621.00 122,075.00 85,930.00 50,395.00 12,242.00 138,052.00 103,409.00 46,359.00 22,610.00 137,690.00 94,781.00 50,308.00
   Other Financing Activities -831,268.00 -634,205.00 -515,674.00 474,325.00 -680,266.00 -501,105.00 -371,277.00 571,336.00 -632,679.00 -519,391.00 -387,382.00 513,450.00 -836,566.00 -732,227.00 -375,544.00 362,740.00 -845,409.00 -649,998.00 -368,805.00
Net Change in Cash -20,516.00 -254,858.00 -319,367.00 332,192.00 -63,455.00 34,974.00 -27,088.00 330,679.00 -170,671.00 -142,649.00 -83,998.00 447,250.00 -105,122.00 -133,899.00 -123,399.00 905,278.00 -350,349.00 -387,233.00 -418,627.00
   Cash at Beginning of Period 882,107.00 882,107.00 882,107.00 549,915.00 605,484.00 605,484.00 605,484.00 274,805.00 672,123.00 672,123.00 672,123.00 224,873.00 587,293.00 587,293.00 587,293.00 -317,985.00 838,224.00 838,224.00 838,224.00
   Cash at End of Period 861,591.00 627,249.00 562,740.00 882,107.00 542,029.00 640,458.00 578,396.00 605,484.00 501,452.00 529,474.00 588,125.00 672,123.00 482,171.00 453,394.00 463,894.00 587,293.00 487,875.00 450,991.00 419,597.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0