Valuation Ratios

Breakdown 2024-12-31
Price to Earnings 7.13
Price to Sales 6.94
Book Value Per Common Share 9.79
Price to Book 3.13
Price to Operating Cash Flow -67.00
Price to Free Cash Flow -63.44
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31
Price to Earnings 47.90 22.52 -101.64 503.33 2.99
Price to Sales 26.71 32.88 36.25 20.07 5.64
Book Value Per Common Share 10.15 9.57 8.47 7.13 7.60
Price to Book 2.74 3.01 5.40 2.12 0.82
Price to Operating Cash Flow -168.47 -161.24 -211.56 -82.60 363.37
Price to Free Cash Flow -167.15 -158.49 -209.91 -81.93 548.25
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31
Earning YoY -54.69
Revenue YoY 17.49 -28.25 -46.35
EBITDA YoY
Net Profit YoY -54.76

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 1.44
Quick Ratio 5.46
Current Ratio 9.92
Debt to Equity 0.12
Long-Term Debt to Equity 0.09
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31
Cash Per Common Share 1.74 1.97 2.10 2.61 0.80
Quick Ratio 4.57 5.66 9.61 7.71 2.57
Current Ratio 4.88 6.51 11.48 8.14 6.81
Debt to Equity 0.14 0.13 0.09 0.11 0.13
Long-Term Debt to Equity 0.09 0.09 0.06 0.06 0.08

Profitability

Breakdown 2024-12-31
ROA 39.22
ROE 43.86
Gross Margin
Operating Margin 112.54
EBITDA Margin 117.13
Net Profit Margin 97.15
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31
ROA 5.04 12.01 -4.89 0.40 24.30
ROE 5.74 13.59 -5.33 0.44 27.52
Gross Margin 44.02 42.97 43.66 63.17
Operating Margin -5.04 -29.89 -60.40 1.58 233.84
EBITDA Margin -2.22 -25.88 -57.50 8.30 238.11
Net Profit Margin 56.16 145.84 -35.76 4.19 188.53

Dividends

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

Financial Statements

Breakdown 2024-12-31
Assets 287,995.00
   Current Assets 82,795.00
      Cash and Short-Term Investments 37,883.00
            Cash and Cash Equivalents 37,883.00
            Short-Term Investments 0
      Net Receivables 7,654.00
      Inventory 0
      Other Current Assets 37,258.00
   Non-Current Assets 205,200.00
      Property, Plant, Equipment Net 357.00
      Goodwill 0
      Intangible Assets 2,146.00
      Long-Term Investments 100.00
      Non-Current Deferred Assets 0
      Other Non-Current Assets 202,597.00
Liabilities 30,468.00
   Current Liabilities 8,345.00
      Payables and Expenses 5,381.00
            Account Payables 1,162.00
            Current Accrued Liabilities 4,219.00
      Short-Term Debt 0
      Other Current Liabilities 2,964.00
   Non-Current Liabilities 22,123.00
      Long-Term Debt 0
      Other Non-Current Liabilities 0
Equity 257,527.00
   Shareholders Equity 257,527.00
      Capital Stock 0
      Share Premium 124,387.00
      Retained Earnings 133,892.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income -752.00
   Minority Interest 0
Investments 100.00
Debt 0
Common Shares Outstanding 0
Breakdown 2024-12-31
Revenues 116,272.00
   Selling, General and Administrative Expenses 39,506.00
Interest Expense 0.00
Net Interest 3,315.00
EBT 130,858.00
Income Tax 17,900.00
Net Income 112,958.00
EBIT 130,858.00
Deprecation and Amortization 5,335.00
EBITDA 136,193.00
EPS 0.00
Diluted EPS 0.00
Average Shares Outstanding Basic 26,296.00
Average Shares Outstanding Diluted 32,063.00
Breakdown 2024-12-31
Operating Cash Flow -12,042.00
   Operating Net Income 112,958.00
   Deprecation and Amortization 5,335.00
   Deferred Income Tax 17,924.00
   Share Based Compensation 6,596.00
   Change in Working Capital -3,648.00
   Other Operating Activities -151,207.00
Investing Cash Flow 43,887.00
   Capital Expenditure -674.00
   Net Purchase/Sale of PPE -474.00
   Net Purchase/Sale of Investments Net 14,736.00
   Net Purchase/Sale of Business 0
   Other Investing Activities 30,299.00
Financing Cash Flow -5,338.00
   Net Issuance/Repayment of Debt 0
   Net Issuance/Repurchase of Equity 5,364.00
   Dividends Paid 0
   Other Financing Activities -10,702.00
Net Change in Cash 26,507.00
   Cash at Beginning of Period 11,376.00
   Cash at End of Period 37,883.00
Free Cash Flow -12,716.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31
Assets 338,451.00 313,706.00 263,202.00 287,995.00 211,649.00 225,418.00
   Current Assets 66,926.00 72,612.00 79,740.00 82,795.00 76,852.00 73,343.00
      Cash and Short-Term Investments 50,805.00 58,052.00 59,773.00 37,883.00 69,752.00 21,034.00
            Cash and Cash Equivalents 50,548.00 52,933.00 59,773.00 37,883.00 26,547.00 21,034.00
            Short-Term Investments 257.00 5,119.00 0 0 43,205.00 0
      Net Receivables 11,907.00 5,018.00 6,978.00 7,654.00 3,014.00 6,605.00
      Inventory 0 0 0 0 0 0
      Other Current Assets 4,214.00 9,542.00 12,989.00 37,258.00 4,086.00 45,704.00
   Non-Current Assets 271,525.00 241,094.00 183,462.00 205,200.00 134,797.00 152,075.00
      Property, Plant, Equipment Net 426.00 440.00 386.00 357.00 379.00 414.00
      Goodwill 0 0 0 0 0 0
      Intangible Assets 270,845.00 240,395.00 2,146.00 2,146.00 134,278.00 1,945.00
      Long-Term Investments 200.00 200.00 200.00 100.00 100.00 100.00
      Non-Current Deferred Assets 2.00 2.00 0 0 0 0
      Other Non-Current Assets 52.00 57.00 180,730.00 202,597.00 40.00 149,616.00
Liabilities 41,747.00 36,586.00 21,655.00 30,468.00 20,495.00 26,344.00
   Current Liabilities 13,721.00 11,151.00 6,945.00 8,345.00 9,441.00 10,768.00
      Payables and Expenses 4,058.00 3,117.00 1,459.00 5,381.00 1,600.00 1,770.00
            Account Payables 4,058.00 3,117.00 1,459.00 1,162.00 1,600.00 1,770.00
            Current Accrued Liabilities 0 0 0 4,219.00 0 0
      Short-Term Debt 0 0 0 0 0 0
      Other Current Liabilities 9,663.00 8,034.00 5,486.00 2,964.00 7,841.00 8,998.00
   Non-Current Liabilities 28,026.00 25,435.00 14,710.00 22,123.00 11,054.00 15,576.00
      Long-Term Debt 0 0 0 0 0 0
      Other Non-Current Liabilities 28,026.00 25,435.00 0 0 11,054.00 0
Equity 296,704.00 277,120.00 241,547.00 257,527.00 191,154.00 199,074.00
   Shareholders Equity 296,704.00 277,120.00 241,547.00 257,527.00 191,154.00 199,074.00
      Capital Stock 0 0 0 0 0 0
      Share Premium 123,047.00 120,499.00 121,534.00 124,387.00 125,642.00 124,127.00
      Retained Earnings 175,727.00 158,686.00 121,019.00 133,892.00 66,958.00 75,721.00
      Treasury Shares 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -2,070.00 -2,065.00 -1,006.00 -752.00 -1,446.00 -774.00
   Minority Interest 0 0 0 0 0 0
Investments 0 0 200.00 100.00 0 100.00
Debt 0 0 0 0 0 0
Common Shares Outstanding 29,237.92 28,960.88 0 0 26,821.81 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Revenues 30,343.00 25,827.00 35,996.00 67,095.00 20,117.00 0 29,060.00
Cost Of Revenue 16,987.00 14,730.00 0 0 11,333.00 0 10,704.00
Interest Income 599.00 586.00 0 0 1,026.00 0 0
Interest Expense 0 0 0.00 0.00 0 0 0.00
Net Interest 0 0 1,003.00 2,368.00 0 0 947.00
Non-Interest Expense 14,884.00 18,817.00 0 0 8,466.00 0 0
Gross Profit 13,356.00 11,097.00 0 0 8,784.00 0 18,356.00
Operating Expenses 14,884.00 18,817.00 0 0 8,466.00 0 -48,744.00
   Selling, General and Administrative Expenses 14,884.00 18,817.00 14,318.00 22,985.00 8,466.00 0 8,055.00
   Other Operating Expenses 0 0 0 0 0 0 -56,799.00
Operating Income -1,528.00 -7,720.00 0 0 318.00 0 67,100.00
Net Non-Operating Income 232.00 113.00 0 0 -23.00 0 853.00
EBT 20,306.00 47,464.00 -21,741.00 61,954.00 951.00 0 67,953.00
Income Tax 3,265.00 9,797.00 8,868.00 4,626.00 108.00 0 13,166.00
Net Income Including Non-Controlling Interests 17,041.00 37,667.00 0 0 843.00 0 0
Net Income 17,041.00 37,667.00 -12,873.00 57,328.00 843.00 0 54,787.00
EBIT -1,528.00 -7,720.00 -21,741.00 62,587.00 318.00 0 67,953.00
Deprecation and Amortization 853.00 1,036.00 1,042.00 2,741.00 1,351.00 0 1,243.00
EBITDA -675.00 -6,684.00 -20,699.00 65,328.00 1,669.00 0 69,196.00
EPS 0.00 0.00 -0.00 0.00 0.00 -0.00 0.00
Diluted EPS 0.00 0.00 -0.00 0.00 0.00 -0.00 0.00
Average Shares Outstanding Basic 29,177.00 29,460.00 28,526.00 26,236.00 26,733.00 26,006.00 26,209.00
Average Shares Outstanding Diluted 32,291.00 33,521.00 28,526.00 38,606.00 32,325.00 26,006.00 31,315.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31
Operating Cash Flow -4,810.00 -5,267.00 -6,166.00 -4,887.00 450.00
   Operating Net Income 17,041.00 37,667.00 -12,873.00 843.00 54,787.00
   Deprecation and Amortization 853.00 1,036.00 1,042.00 1,351.00 1,243.00
   Deferred Income Tax 2,580.00 10,712.00 -7,423.00 -630.00 11,298.00
   Share Based Compensation 5,186.00 3,048.00 2,707.00 1,511.00 1,674.00
   Change in Working Capital 1,633.00 4,766.00 -3,430.00 -2,292.00 2,682.00
   Other Operating Activities -32,103.00 -62,496.00 13,811.00 -5,670.00 -71,234.00
Investing Cash Flow 5,328.00 2,637.00 33,694.00 5,205.00 9,552.00
   Capital Expenditure 0 0 -51.00 0 -150.00
   Net Purchase/Sale of PPE -39.00 -92.00 -51.00 -40.00 -150.00
   Net Purchase/Sale of Investments Net 4,992.00 -1,238.00 29,000.00 -221.00 -151.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 375.00 3,967.00 4,796.00 5,466.00 10,003.00
Financing Cash Flow -2,903.00 -4,210.00 -5,638.00 -1,457.00 -344.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity -2,903.00 -4,210.00 5,638.00 -1,457.00 344.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 0.00 -11,276.00 0.00 -688.00
Net Change in Cash -2,385.00 -6,840.00 21,890.00 -1,139.00 9,658.00
   Cash at Beginning of Period 52,933.00 59,773.00 37,883.00 27,769.00 11,376.00
   Cash at End of Period 50,548.00 52,933.00 59,773.00 26,630.00 21,034.00
Free Cash Flow -4,849.00 -5,359.00 -6,217.00 -4,927.00 300.00