Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 6.69 11.18 -23.73 4.63
Price to Sales 0.21 0.28 0.30 0.61
Book Value Per Common Share 11.27 10.70 10.77 12.16 7.72
Price to Book 0.88 1.14 1.08 1.71
Price to Operating Cash Flow 2.55 3.27 6.81 5.25
Price to Free Cash Flow
Enterprise Value to EBITDA 9442.54 16600.28 167465.17 12447.51
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 16.61 98.64 83.58 10.35 15.87 40.24 10.18 16.45 28.64 -13.83 -18.25 -21.68 9.97 15.48 14.94
Price to Sales 0.34 0.47 0.98 0.31 0.55 1.24 0.38 0.70 1.21 0.39 0.60 1.97 0.57 0.94 1.35
Book Value Per Common Share 11.92 11.34 11.25 11.13 10.94 10.77 11.07 16.09 10.62 10.49 11.00 11.22 9.17 8.70 8.50
Price to Book 1.00 0.96 0.89 0.95 1.15 1.23 1.12 0.94 1.19 1.07 1.01 1.51 1.54 1.71 1.44
Price to Operating Cash Flow 2.73 4.31 10.82 3.39 7.24 38.15 4.00 7.72 17.95 7.93 23.98 -62.51 4.61 11.29 10.85
Price to Free Cash Flow
Enterprise Value to EBITDA 49526.78 50315.93 105840.56 45037.25 70623.50 169581.42 46610.88 78865.81 132898.75 51327.23 69472.85 79199.28

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 35.78
Revenue YoY 5.00 11.47 15.93 7.23
EBITDA YoY 42.08 953.37 -95.81 683.06
Net Profit YoY 35.24
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 554.55 -8.33 29.11 139.39 32.61 109.09 219900.00 47.92 17.07
Revenue YoY 55.63 123.43 51.00 111.76 50.68 108.39 52.76 116.57 56.66 73.84
EBITDA YoY 12.07 127.88 -83.05 31.99 126.92 -57.05 39.01 102.64 -75.52 29.07 38.49
Net Profit YoY 562.53 -7.64 28.20 137.46 32.63 109.11 -74.32 47.92 17.20

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 16.79 17.52 18.50 19.38 20.44
Quick Ratio 1.58 1.58 1.56 1.70 1.37
Current Ratio 1.16 1.18 1.18 1.20 1.20
Debt to Equity 0.77 0.76 0.74 4.29 7.67
Long-Term Debt to Equity 0.42 0.42 0.39 2.42 4.52
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 11.23 15.82 14.74 15.80 14.27 14.35 17.48 17.93 16.06 15.89 14.57 16.15 19.93 17.95 18.27
Quick Ratio 1.37 1.55 1.58 1.63 1.63 1.60 1.70 1.70 1.67 1.62 1.56 1.59 1.75 1.78 1.75
Current Ratio 1.12 1.10 1.13 1.15 1.17 1.17 1.21 1.20 1.20 1.20 1.16 1.17 1.20 1.21 1.21
Debt to Equity 5.35 5.49 5.37 5.47 5.34 5.40 5.05 5.10 5.09 4.87 4.56 4.61 5.88 6.15 6.68
Long-Term Debt to Equity 2.89 2.94 2.94 3.01 2.97 2.99 2.79 2.78 2.81 2.72 2.60 2.61 3.46 3.75 3.90

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.97 0.76 -0.37 6.98 -0.48
ROE 1.72 1.33 -0.65 36.89 -4.15
Gross Margin 14.36 14.55 14.97 15.91 11.32
Operating Margin 18.29 11.64 -3.96 42.49 -1.34
EBITDA Margin 22.56 16.67 1.76 48.85 6.69
Net Profit Margin 3.18 2.47 -1.25 13.16 -1.01
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 0.96 0.15 0.17 1.41 1.14 0.49 1.82 1.38 0.68 -1.32 -0.99 -1.23 2.24 1.54 1.25
ROE 6.08 0.96 1.05 9.15 7.26 3.11 11.01 8.43 4.16 -7.77 -5.52 -6.90 15.41 10.99 9.60
Gross Margin 13.11 12.56 13.46 14.36 15.04 14.73 15.77 16.53 16.41 15.32 16.66 15.78 16.63 17.12 19.13
Operating Margin 2.75 6.34 5.85 3.60 4.47 3.77 4.48 5.15 5.21 -7.33 -8.19 -22.32 6.65 8.90 12.19
EBITDA Margin 6.80 9.44 9.25 6.83 7.81 7.29 8.18 8.87 9.12 -3.13 -3.95 -17.84 11.16 13.54 17.00
Net Profit Margin 2.04 0.48 1.16 2.96 3.49 3.11 3.74 4.25 4.24 -2.87 -3.27 -9.02 5.73 6.07 9.00

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 604,960,000.00 574,750,000.00 533,271,000.00 257,035,000.00 267,261,000.00
   Current Assets 136,439,000.00 132,704,000.00 126,837,000.00 108,996,000.00 116,744,000.00
      Cash and Short-Term Investments 66,777,000.00 70,031,000.00 74,278,000.00 77,340,000.00 81,226,000.00
            Cash and Cash Equivalents 51,364,000.00 54,722,000.00 55,342,000.00 48,287,000.00 56,508,000.00
            Short-Term Investments 15,413,000.00 15,309,000.00 18,936,000.00 29,053,000.00 24,718,000.00
      Net Receivables 118,423,000.00 108,451,000.00 93,169,000.00 76,456,000.00 52,394,000.00
      Inventory 14,951,000.00 15,651,000.00 14,080,000.00 12,065,000.00 10,808,000.00
      Other Current Assets -63,712,000.00 -61,429,000.00 -54,690,000.00 -56,865,000.00 -27,684,000.00
   Non-Current Assets 468,521,000.00 442,046,000.00 406,434,000.00 148,039,000.00 150,517,000.00
      Property, Plant, Equipment Net 44,236,000.00 42,654,000.00 38,712,000.00 37,139,000.00 38,370,000.00
      Goodwill 658,000.00 683,000.00 603,000.00 619,000.00 258,000.00
      Intangible Assets 69,000.00 80,000.00 86,000.00 111,000.00 144,000.00
      Long-Term Investments 133,214,000.00 122,396,000.00 105,402,000.00 111,602,000.00 65,079,000.00
      Non-Current Deferred Assets 16,375,000.00 16,985,000.00 15,552,000.00 13,796,000.00 12,423,000.00
      Other Non-Current Assets 273,969,000.00 259,248,000.00 246,079,000.00 -15,228,000.00 34,243,000.00
Liabilities 262,626,000.00 248,316,000.00 227,586,000.00 208,413,000.00 236,450,000.00
   Current Liabilities 117,512,000.00 112,763,000.00 107,237,000.00 90,727,000.00 97,192,000.00
      Payables and Expenses 24,128,000.00 25,992,000.00 25,605,000.00 22,349,000.00 22,204,000.00
            Account Payables 1,346,000.00 1,224,000.00 935,000.00 888,000.00 1,215,000.00
            Current Accrued Liabilities 215,000.00 205,000.00 196,000.00 202,000.00 193,000.00
      Short-Term Debt 54,949,000.00 49,669,000.00 50,164,000.00 49,692,000.00 51,343,000.00
      Other Current Liabilities 38,435,000.00 37,102,000.00 31,468,000.00 18,686,000.00 23,645,000.00
   Non-Current Liabilities 145,114,000.00 135,553,000.00 120,349,000.00 117,686,000.00 139,258,000.00
      Long-Term Debt 189,404,000.00 181,071,000.00 88,805,000.00 88,400,000.00 110,341,000.00
      Other Non-Current Liabilities -44,290,000.00 -45,518,000.00 31,544,000.00 29,286,000.00 28,917,000.00
Equity 342,334,000.00 326,434,000.00 305,685,000.00 48,622,000.00 30,811,000.00
   Shareholders Equity 44,835,000.00 42,773,000.00 43,242,000.00 48,519,000.00 30,690,000.00
      Capital Stock 42,000.00 42,000.00 42,000.00 41,000.00 41,000.00
      Share Premium 23,502,000.00 23,128,000.00 22,832,000.00 22,611,000.00 22,290,000.00
      Retained Earnings 33,740,000.00 31,029,000.00 31,754,000.00 35,769,000.00 18,243,000.00
      Treasury Shares 2,810,000.00 2,384,000.00 2,047,000.00 1,563,000.00 1,590,000.00
      Accumulated Other Comprehensive Income -9,639,000.00 -9,042,000.00 -9,339,000.00 -8,339,000.00 -8,294,000.00
   Minority Interest 136,000.00 86,000.00 -75,000.00 103,000.00 121,000.00
Investments 148,627,000.00 137,705,000.00 124,338,000.00 140,655,000.00 89,797,000.00
Debt 244,353,000.00 230,740,000.00 138,969,000.00 138,092,000.00 161,684,000.00
Net Debt 177,576,000.00 160,709,000.00 64,691,000.00 60,752,000.00 80,458,000.00
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 184,992,000.00 176,191,000.00 158,057,000.00 136,341,000.00 127,144,000.00
Cost Of Revenue 158,434,000.00 150,550,000.00 134,397,000.00 114,651,000.00 112,752,000.00
Gross Profit 26,558,000.00 25,641,000.00 23,660,000.00 21,690,000.00 14,392,000.00
Operating Expenses 21,339,000.00 20,183,000.00 17,384,000.00 17,167,000.00 18,800,000.00
   Selling, General and Administrative Expenses 10,287,000.00 10,702,000.00 10,888,000.00 11,915,000.00 10,193,000.00
   Research and Development Expenses 8,000,000.00 8,200,000.00 7,800,000.00 7,600,000.00 7,100,000.00
   Other Operating Expenses 3,052,000.00 1,281,000.00 -1,304,000.00 -2,348,000.00 1,507,000.00
Operating Income 5,219,000.00 5,458,000.00 6,276,000.00 4,523,000.00 -4,408,000.00
Net Non-Operating Income 28,622,000.00 7,434,000.00 -17,130,000.00 48,817,000.00 1,060,000.00
Interest Income 0 9,180,000.00 5,232,000.00 4,847,000.00 2,101,000.00
Interest Expense 0.00 7,613,000.00 4,593,000.00 4,593,000.00 1,649,000.00
Net Interest 1,540,000.00 1,567,000.00 639,000.00 254,000.00 452,000.00
EBT 33,841,000.00 12,892,000.00 -10,854,000.00 53,340,000.00 -3,348,000.00
Income Tax 1,339,000.00 362,000.00 864,000.00 130,000.00 160,000.00
Equity Method Investments Income 678,000.00 414,000.00 -5,766,000.00 327,000.00 42,000.00
Net Income Including Non-Controlling Interests 5,901,000.00 4,428,000.00 -1,810,000.00 17,964,000.00 -1,282,000.00
Net Income Non-Controlling Interests -22,000.00 -81,000.00 -171,000.00 -27,000.00 3,000.00
Net Income 5,879,000.00 4,347,000.00 -1,981,000.00 17,937,000.00 -1,279,000.00
EBIT 33,841,000.00 20,505,000.00 -6,261,000.00 57,933,000.00 -1,699,000.00
Deprecation and Amortization 7,885,000.00 8,863,000.00 9,049,000.00 8,666,000.00 10,204,000.00
EBITDA 41,726,000.00 29,368,000.00 2,788,000.00 66,599,000.00 8,505,000.00
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 3,978,000.00 3,998,000.00 4,014,000.00 3,991,000.00 3,973,000.00
Average Shares Outstanding Diluted 4,021,000.00 4,041,000.00 4,014,000.00 4,034,000.00 3,973,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 15,423,000.00 14,918,000.00 6,853,000.00 15,787,000.00 24,269,000.00
   Operating Net Income 7,476,000.00 5,536,000.00 -8,054,000.00 53,757,000.00 -3,831,000.00
   Deprecation and Amortization 7,885,000.00 8,863,000.00 9,049,000.00 8,666,000.00 10,204,000.00
   Deferred Income Tax 350,000.00 -1,649,000.00 -1,910,000.00 -563,000.00 -269,000.00
   Share Based Compensation 511,000.00 460,000.00 336,000.00 305,000.00 199,000.00
   Change in Working Capital 6,769,000.00 8,666,000.00 14,319,000.00 -4,773,000.00 -5,380,000.00
   Other Operating Activities -7,568,000.00 -6,958,000.00 -6,887,000.00 -41,605,000.00 23,346,000.00
Investing Cash Flow -24,370,000.00 -17,628,000.00 -4,347,000.00 2,745,000.00 -18,615,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 8,684,000.00 8,236,000.00 6,866,000.00 6,227,000.00 5,742,000.00
   Net Purchase/Sale of Investments Net 24,691,000.00 21,977,000.00 36,263,000.00 61,074,000.00 71,525,000.00
   Net Purchase/Sale of Business 2,323,000.00 6,033,000.00 1,878,000.00 145,000.00 1,340,000.00
   Net Loan & Lease Activity 59,720,000.00 54,505,000.00 45,533,000.00 48,379,000.00 55,901,000.00
   Other Investing Activities -119,788,000.00 -108,379,000.00 -94,887,000.00 -113,080,000.00 -153,123,000.00
Financing Cash Flow 7,485,000.00 2,584,000.00 2,511,000.00 -23,498,000.00 2,315,000.00
   Net Issuance/Repayment of Debt 102,716,000.00 92,085,000.00 96,585,000.00 85,338,000.00 124,123,000.00
   Net Issuance/Repurchase of Equity 426,000.00 335,000.00 484,000.00 0 0
   Dividends Paid 3,118,000.00 4,995,000.00 2,009,000.00 403,000.00 596,000.00
   Other Financing Activities -98,775,000.00 -94,831,000.00 -96,567,000.00 -109,239,000.00 -122,404,000.00
Net Change in Cash -1,920,000.00 -230,000.00 4,603,000.00 -5,198,000.00 8,194,000.00
   Cash at Beginning of Period 25,110,000.00 25,340,000.00 20,737,000.00 25,935,000.00 17,741,000.00
   Cash at End of Period 23,190,000.00 25,110,000.00 25,340,000.00 20,737,000.00 25,935,000.00
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 300,990,000.00 292,725,000.00 284,539,000.00 604,960,000.00 287,047,000.00 276,586,000.00 274,341,000.00 574,750,000.00 268,073,000.00 265,991,000.00 256,800,000.00 533,271,000.00 246,919,000.00 245,755,000.00 252,986,000.00 257,035,000.00 252,677,000.00 248,532,000.00 260,819,000.00 267,261,000.00
   Current Assets 130,720,000.00 126,612,000.00 123,054,000.00 136,439,000.00 125,099,000.00 120,518,000.00 120,595,000.00 132,704,000.00 121,361,000.00 121,712,000.00 115,123,000.00 126,837,000.00 108,088,000.00 100,469,000.00 106,142,000.00 108,996,000.00 106,968,000.00 101,275,000.00 113,932,000.00 116,744,000.00
      Cash and Short-Term Investments 44,680,000.00 62,888,000.00 58,494,000.00 66,777,000.00 62,880,000.00 56,830,000.00 57,093,000.00 70,031,000.00 69,890,000.00 71,648,000.00 64,095,000.00 74,278,000.00 63,837,000.00 58,500,000.00 64,714,000.00 77,340,000.00 79,512,000.00 71,546,000.00 72,727,000.00 81,226,000.00
            Cash and Cash Equivalents 29,280,000.00 48,404,000.00 44,132,000.00 51,364,000.00 49,424,000.00 42,217,000.00 42,351,000.00 54,722,000.00 55,202,000.00 55,233,000.00 46,726,000.00 55,342,000.00 45,212,000.00 41,316,000.00 44,499,000.00 48,287,000.00 60,515,000.00 53,465,000.00 48,446,000.00 56,508,000.00
            Short-Term Investments 15,400,000.00 14,484,000.00 14,362,000.00 15,413,000.00 13,456,000.00 14,613,000.00 14,742,000.00 15,309,000.00 14,688,000.00 16,415,000.00 17,369,000.00 18,936,000.00 18,625,000.00 17,184,000.00 20,215,000.00 29,053,000.00 18,997,000.00 18,081,000.00 24,281,000.00 24,718,000.00
      Net Receivables 115,627,000.00 114,895,000.00 113,219,000.00 118,423,000.00 115,149,000.00 111,670,000.00 107,898,000.00 108,451,000.00 100,273,000.00 99,596,000.00 95,620,000.00 93,169,000.00 82,568,000.00 76,469,000.00 78,581,000.00 76,456,000.00 76,051,000.00 77,428,000.00 91,776,000.00 52,394,000.00
      Inventory 16,509,000.00 17,270,000.00 17,895,000.00 14,951,000.00 18,025,000.00 17,183,000.00 18,632,000.00 15,651,000.00 18,326,000.00 17,703,000.00 16,212,000.00 14,080,000.00 15,213,000.00 13,976,000.00 14,647,000.00 12,065,000.00 13,508,000.00 13,593,000.00 12,742,000.00 10,808,000.00
      Other Current Assets -46,096,000.00 -68,441,000.00 -66,554,000.00 -63,712,000.00 -70,955,000.00 -65,165,000.00 -63,028,000.00 -61,429,000.00 -67,128,000.00 -67,235,000.00 -60,804,000.00 -54,690,000.00 -53,530,000.00 -48,476,000.00 -51,800,000.00 -56,865,000.00 -62,103,000.00 -61,292,000.00 -63,313,000.00 -27,684,000.00
   Non-Current Assets 170,270,000.00 166,113,000.00 161,485,000.00 468,521,000.00 161,948,000.00 156,068,000.00 153,746,000.00 442,046,000.00 146,712,000.00 144,279,000.00 141,677,000.00 406,434,000.00 138,831,000.00 145,286,000.00 146,844,000.00 148,039,000.00 145,709,000.00 147,257,000.00 146,887,000.00 150,517,000.00
      Property, Plant, Equipment Net 44,735,000.00 43,877,000.00 42,471,000.00 44,236,000.00 41,169,000.00 40,709,000.00 40,515,000.00 42,654,000.00 39,370,000.00 38,503,000.00 37,970,000.00 38,712,000.00 35,529,000.00 36,162,000.00 36,625,000.00 37,139,000.00 36,597,000.00 36,723,000.00 36,361,000.00 38,370,000.00
      Goodwill 0 0 0 658,000.00 0 0 0 683,000.00 597,000.00 608,000.00 609,000.00 603,000.00 575,000.00 595,000.00 617,000.00 619,000.00 695,000.00 741,000.00 566,000.00 258,000.00
      Intangible Assets 0 0 0 69,000.00 0 0 0 80,000.00 0 0 0 86,000.00 0 0 0 111,000.00 0 0 0 144,000.00
      Long-Term Investments 125,653,000.00 124,772,000.00 123,266,000.00 133,214,000.00 127,807,000.00 123,533,000.00 120,306,000.00 122,396,000.00 111,271,000.00 108,712,000.00 105,616,000.00 105,402,000.00 97,922,000.00 103,682,000.00 104,306,000.00 111,602,000.00 106,306,000.00 108,254,000.00 109,834,000.00 65,079,000.00
      Non-Current Deferred Assets 18,196,000.00 17,320,000.00 17,022,000.00 16,375,000.00 17,216,000.00 16,468,000.00 16,726,000.00 16,985,000.00 15,662,000.00 15,860,000.00 15,572,000.00 15,552,000.00 15,149,000.00 15,045,000.00 14,991,000.00 13,796,000.00 11,891,000.00 12,271,000.00 12,103,000.00 12,423,000.00
      Other Non-Current Assets -18,314,000.00 -19,856,000.00 -21,274,000.00 273,969,000.00 -24,244,000.00 -24,642,000.00 -23,801,000.00 259,248,000.00 -20,188,000.00 -19,404,000.00 -18,090,000.00 246,079,000.00 -10,344,000.00 -10,198,000.00 -9,695,000.00 -15,228,000.00 -9,780,000.00 -10,732,000.00 -11,977,000.00 34,243,000.00
Liabilities 253,573,000.00 247,644,000.00 239,879,000.00 262,626,000.00 242,708,000.00 232,991,000.00 231,444,000.00 248,316,000.00 223,797,000.00 222,385,000.00 214,603,000.00 227,586,000.00 204,830,000.00 201,518,000.00 207,902,000.00 208,413,000.00 215,973,000.00 213,748,000.00 226,845,000.00 236,450,000.00
   Current Liabilities 116,648,000.00 114,988,000.00 108,732,000.00 117,512,000.00 109,036,000.00 103,403,000.00 103,206,000.00 112,763,000.00 100,268,000.00 101,015,000.00 95,905,000.00 107,237,000.00 90,167,000.00 86,452,000.00 90,352,000.00 90,727,000.00 89,033,000.00 83,474,000.00 94,249,000.00 97,192,000.00
      Payables and Expenses 27,868,000.00 27,756,000.00 26,259,000.00 24,128,000.00 27,424,000.00 25,458,000.00 27,384,000.00 25,992,000.00 27,813,000.00 27,749,000.00 26,028,000.00 25,605,000.00 27,051,000.00 23,378,000.00 23,256,000.00 22,349,000.00 22,923,000.00 18,593,000.00 23,492,000.00 22,204,000.00
            Account Payables 1,369,000.00 1,399,000.00 1,339,000.00 1,346,000.00 1,360,000.00 1,310,000.00 1,285,000.00 1,224,000.00 1,100,000.00 1,050,000.00 938,000.00 935,000.00 795,000.00 773,000.00 781,000.00 888,000.00 1,098,000.00 999,000.00 1,130,000.00 1,215,000.00
            Current Accrued Liabilities 224,000.00 223,000.00 217,000.00 215,000.00 207,000.00 204,000.00 330,000.00 205,000.00 197,000.00 198,000.00 198,000.00 196,000.00 196,000.00 199,000.00 202,000.00 202,000.00 192,000.00 193,000.00 192,000.00 193,000.00
      Short-Term Debt 57,628,000.00 56,872,000.00 54,440,000.00 54,949,000.00 53,564,000.00 50,565,000.00 49,790,000.00 49,669,000.00 48,638,000.00 49,341,000.00 48,050,000.00 50,164,000.00 44,050,000.00 43,819,000.00 48,286,000.00 49,692,000.00 47,323,000.00 46,012,000.00 49,471,000.00 51,343,000.00
      Other Current Liabilities 31,152,000.00 30,360,000.00 28,033,000.00 38,435,000.00 28,048,000.00 27,380,000.00 26,032,000.00 37,102,000.00 23,817,000.00 23,925,000.00 21,827,000.00 31,468,000.00 19,066,000.00 19,255,000.00 18,810,000.00 18,686,000.00 18,787,000.00 18,869,000.00 21,286,000.00 23,645,000.00
   Non-Current Liabilities 136,925,000.00 132,656,000.00 131,147,000.00 145,114,000.00 133,672,000.00 129,588,000.00 128,238,000.00 135,553,000.00 123,529,000.00 121,370,000.00 118,698,000.00 120,349,000.00 114,663,000.00 115,066,000.00 117,550,000.00 117,686,000.00 126,940,000.00 130,274,000.00 132,596,000.00 139,258,000.00
      Long-Term Debt 191,179,000.00 185,475,000.00 185,854,000.00 189,404,000.00 189,094,000.00 183,465,000.00 181,377,000.00 181,071,000.00 170,770,000.00 170,552,000.00 164,928,000.00 88,805,000.00 84,279,000.00 85,008,000.00 87,315,000.00 88,400,000.00 97,249,000.00 100,905,000.00 103,201,000.00 110,341,000.00
      Other Non-Current Liabilities -54,254,000.00 -52,819,000.00 -54,707,000.00 -44,290,000.00 -55,422,000.00 -53,877,000.00 -53,139,000.00 -45,518,000.00 -47,241,000.00 -49,182,000.00 -46,230,000.00 31,544,000.00 30,384,000.00 30,058,000.00 30,235,000.00 29,286,000.00 29,691,000.00 29,369,000.00 29,395,000.00 28,917,000.00
Equity 47,417,000.00 45,081,000.00 44,660,000.00 342,334,000.00 44,339,000.00 43,595,000.00 42,897,000.00 326,434,000.00 44,276,000.00 43,606,000.00 42,197,000.00 305,685,000.00 42,089,000.00 44,237,000.00 45,084,000.00 48,622,000.00 36,704,000.00 34,784,000.00 33,974,000.00 30,811,000.00
   Shareholders Equity 47,392,000.00 45,057,000.00 44,635,000.00 44,835,000.00 44,315,000.00 43,567,000.00 42,870,000.00 42,773,000.00 44,263,000.00 64,283,000.00 42,366,000.00 43,242,000.00 42,125,000.00 44,169,000.00 44,985,000.00 48,519,000.00 36,593,000.00 34,664,000.00 33,828,000.00 30,690,000.00
      Capital Stock 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 42,000.00 41,000.00 41,000.00 41,000.00 41,000.00 41,000.00
      Share Premium 23,847,000.00 23,715,000.00 23,562,000.00 23,502,000.00 23,397,000.00 23,270,000.00 23,125,000.00 23,128,000.00 23,032,000.00 23,029,000.00 22,889,000.00 22,832,000.00 22,768,000.00 22,653,000.00 22,550,000.00 22,611,000.00 22,477,000.00 22,408,000.00 22,240,000.00 22,290,000.00
      Retained Earnings 34,186,000.00 32,352,000.00 32,999,000.00 33,740,000.00 32,525,000.00 32,240,000.00 31,019,000.00 31,029,000.00 32,169,000.00 31,577,000.00 30,270,000.00 31,754,000.00 31,072,000.00 32,511,000.00 32,251,000.00 35,769,000.00 23,894,000.00 22,062,000.00 21,502,000.00 18,243,000.00
      Treasury Shares 2,810,000.00 2,810,000.00 2,810,000.00 2,810,000.00 2,660,000.00 2,628,000.00 2,384,000.00 2,384,000.00 2,047,000.00 2,047,000.00 2,047,000.00 2,047,000.00 1,564,000.00 1,564,000.00 1,564,000.00 1,563,000.00 1,574,000.00 1,579,000.00 1,585,000.00 1,590,000.00
      Accumulated Other Comprehensive Income -7,873,000.00 -8,242,000.00 -9,158,000.00 -9,639,000.00 -8,989,000.00 -9,357,000.00 -8,932,000.00 -9,042,000.00 -8,933,000.00 -8,924,000.00 -8,788,000.00 -9,339,000.00 -10,193,000.00 -9,473,000.00 -8,294,000.00 -8,339,000.00 -8,245,000.00 -8,268,000.00 -8,370,000.00 -8,294,000.00
   Minority Interest 25,000.00 24,000.00 25,000.00 136,000.00 24,000.00 28,000.00 27,000.00 86,000.00 13,000.00 -71,000.00 -169,000.00 -75,000.00 -36,000.00 68,000.00 99,000.00 103,000.00 111,000.00 120,000.00 146,000.00 121,000.00
Investments 141,053,000.00 139,256,000.00 137,628,000.00 148,627,000.00 141,263,000.00 138,146,000.00 135,048,000.00 137,705,000.00 125,959,000.00 125,127,000.00 122,985,000.00 124,338,000.00 116,547,000.00 120,866,000.00 124,521,000.00 140,655,000.00 125,303,000.00 126,335,000.00 134,115,000.00 89,797,000.00
Debt 248,807,000.00 242,347,000.00 240,294,000.00 244,353,000.00 242,658,000.00 234,030,000.00 231,167,000.00 230,740,000.00 219,408,000.00 219,893,000.00 212,978,000.00 138,969,000.00 128,329,000.00 128,827,000.00 135,601,000.00 138,092,000.00 144,572,000.00 146,917,000.00 152,672,000.00 161,684,000.00
Net Debt 204,127,000.00 179,459,000.00 181,800,000.00 177,576,000.00 179,778,000.00 177,200,000.00 174,074,000.00 160,709,000.00 149,518,000.00 148,245,000.00 148,883,000.00 64,691,000.00 64,492,000.00 70,327,000.00 70,887,000.00 60,752,000.00 65,060,000.00 75,371,000.00 79,945,000.00 80,458,000.00
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 141,377,000.00 90,843,000.00 40,659,000.00 -85,151,000.00 136,781,000.00 90,585,000.00 42,777,000.00 -81,940,000.00 130,229,000.00 86,428,000.00 41,474,000.00 -65,143,000.00 114,058,000.00 74,666,000.00 34,476,000.00 -61,530,000.00 98,663,000.00 62,980,000.00 36,228,000.00
Cost Of Revenue 122,844,000.00 79,433,000.00 35,188,000.00 -72,140,000.00 117,133,000.00 76,965,000.00 36,476,000.00 -65,947,000.00 109,688,000.00 72,140,000.00 34,669,000.00 -53,447,000.00 96,581,000.00 62,227,000.00 29,036,000.00 -49,105,000.00 82,258,000.00 52,201,000.00 29,297,000.00
Gross Profit 18,533,000.00 11,410,000.00 5,471,000.00 -13,011,000.00 19,648,000.00 13,620,000.00 6,301,000.00 -15,993,000.00 20,541,000.00 14,288,000.00 6,805,000.00 -11,696,000.00 17,477,000.00 12,439,000.00 5,440,000.00 -12,425,000.00 16,405,000.00 10,779,000.00 6,931,000.00
Operating Expenses 16,145,000.00 10,580,000.00 5,152,000.00 -9,909,000.00 15,660,000.00 10,512,000.00 5,076,000.00 -9,061,000.00 14,838,000.00 9,714,000.00 4,692,000.00 -7,703,000.00 12,762,000.00 8,228,000.00 4,097,000.00 -8,258,000.00 12,621,000.00 8,337,000.00 4,467,000.00
   Selling, General and Administrative Expenses 7,877,000.00 5,137,000.00 2,431,000.00 -4,653,000.00 7,510,000.00 5,054,000.00 2,376,000.00 -4,987,000.00 7,927,000.00 5,256,000.00 2,506,000.00 -5,697,000.00 8,346,000.00 5,499,000.00 2,740,000.00 -5,315,000.00 8,667,000.00 5,720,000.00 2,843,000.00
   Research and Development Expenses 0 0 0 8,000,000.00 0 0 0 8,200,000.00 0 0 0 7,800,000.00 0 0 0 7,600,000.00 0 0 0
   Other Operating Expenses 8,268,000.00 5,443,000.00 2,721,000.00 -13,256,000.00 8,150,000.00 5,458,000.00 2,700,000.00 -12,274,000.00 6,911,000.00 4,458,000.00 2,186,000.00 -9,806,000.00 4,416,000.00 2,729,000.00 1,357,000.00 -10,543,000.00 3,954,000.00 2,617,000.00 1,624,000.00
Operating Income 2,388,000.00 830,000.00 319,000.00 -3,102,000.00 3,988,000.00 3,108,000.00 1,225,000.00 -6,932,000.00 5,703,000.00 4,574,000.00 2,113,000.00 -3,993,000.00 4,715,000.00 4,211,000.00 1,343,000.00 -4,167,000.00 3,784,000.00 2,442,000.00 2,464,000.00
Net Non-Operating Income 592,000.00 4,925,000.00 2,059,000.00 26,362,000.00 931,000.00 942,000.00 387,000.00 7,384,000.00 131,000.00 -127,000.00 46,000.00 15,313,000.00 -13,079,000.00 -10,325,000.00 -9,039,000.00 42,326,000.00 2,778,000.00 2,235,000.00 1,478,000.00
Interest Income 2,004,000.00 0 0 0 0 0 0 9,180,000.00 0 0 0 5,232,000.00 0 0 0 3,240,000.00 0 1,062,000.00 545,000.00
Interest Expense 906,000.00 0.00 0.00 0.00 0.00 0.00 0.00 7,613,000.00 0.00 0.00 0.00 4,593,000.00 0.00 0.00 0.00 3,194,000.00 0.00 926,000.00 473,000.00
Net Interest 1,098,000.00 719,000.00 351,000.00 -791,000.00 1,144,000.00 777,000.00 410,000.00 -635,000.00 1,134,000.00 720,000.00 348,000.00 97,000.00 331,000.00 150,000.00 61,000.00 -150,000.00 196,000.00 136,000.00 72,000.00
EBT 2,980,000.00 5,755,000.00 2,378,000.00 23,260,000.00 4,919,000.00 4,050,000.00 1,612,000.00 452,000.00 5,834,000.00 4,447,000.00 2,159,000.00 11,320,000.00 -8,364,000.00 -6,114,000.00 -7,696,000.00 38,159,000.00 6,562,000.00 4,677,000.00 3,942,000.00
Income Tax 88,000.00 718,000.00 148,000.00 -678,000.00 856,000.00 883,000.00 278,000.00 -1,884,000.00 982,000.00 768,000.00 496,000.00 -1,212,000.00 771,000.00 576,000.00 729,000.00 -2,337,000.00 925,000.00 862,000.00 680,000.00
Equity Method Investments Income -270,000.00 -312,000.00 94,000.00 -364,000.00 511,000.00 364,000.00 167,000.00 9,000.00 269,000.00 6,000.00 130,000.00 -523,000.00 -5,202,000.00 25,000.00 -66,000.00 -142,000.00 260,000.00 130,000.00 79,000.00
Net Income Including Non-Controlling Interests 2,872,000.00 426,000.00 469,000.00 -2,635,000.00 4,047,000.00 3,159,000.00 1,330,000.00 -5,986,000.00 4,894,000.00 3,669,000.00 1,851,000.00 6,825,000.00 -3,129,000.00 -2,405,000.00 -3,101,000.00 -1,326,000.00 5,673,000.00 3,831,000.00 9,786,000.00
Net Income Non-Controlling Interests 10,000.00 9,000.00 2,000.00 -36,000.00 8,000.00 4,000.00 2,000.00 29,000.00 -21,000.00 5,000.00 -94,000.00 17,000.00 -141,000.00 -38,000.00 -9,000.00 6,523,000.00 -18,000.00 -8,000.00 -6,524,000.00
Net Income 2,882,000.00 435,000.00 471,000.00 -2,671,000.00 4,055,000.00 3,163,000.00 1,332,000.00 -5,957,000.00 4,873,000.00 3,674,000.00 1,757,000.00 6,842,000.00 -3,270,000.00 -2,443,000.00 -3,110,000.00 5,197,000.00 5,655,000.00 3,823,000.00 3,262,000.00
EBIT 3,886,000.00 5,755,000.00 2,378,000.00 23,260,000.00 4,919,000.00 4,050,000.00 1,612,000.00 8,065,000.00 5,834,000.00 4,447,000.00 2,159,000.00 15,913,000.00 -8,364,000.00 -6,114,000.00 -7,696,000.00 41,353,000.00 6,562,000.00 5,603,000.00 4,415,000.00
Deprecation and Amortization 5,722,000.00 2,818,000.00 1,384,000.00 -1,060,000.00 4,417,000.00 3,023,000.00 1,505,000.00 -808,000.00 4,825,000.00 3,221,000.00 1,625,000.00 -457,000.00 4,793,000.00 3,166,000.00 1,547,000.00 -444,000.00 4,444,000.00 2,924,000.00 1,742,000.00
EBITDA 9,608,000.00 8,573,000.00 3,762,000.00 22,200,000.00 9,336,000.00 7,073,000.00 3,117,000.00 7,257,000.00 10,659,000.00 7,668,000.00 3,784,000.00 15,456,000.00 -3,571,000.00 -2,948,000.00 -6,149,000.00 40,909,000.00 11,006,000.00 8,527,000.00 6,157,000.00
EPS 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
Diluted EPS 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
Average Shares Outstanding Basic 3,977,000.00 3,974,000.00 3,968,000.00 3,971,000.00 3,980,000.00 3,982,000.00 3,979,000.00 4,007,000.00 3,999,000.00 3,996,000.00 3,990,000.00 4,017,000.00 4,017,000.00 4,014,000.00 4,008,000.00 4,009,000.00 3,989,000.00 3,986,000.00 3,980,000.00
Average Shares Outstanding Diluted 4,026,000.00 4,018,000.00 4,011,000.00 4,019,000.00 4,020,000.00 4,022,000.00 4,023,000.00 4,060,000.00 4,040,000.00 4,035,000.00 4,029,000.00 4,017,000.00 4,017,000.00 4,014,000.00 4,008,000.00 4,071,000.00 4,027,000.00 4,022,000.00 4,016,000.00
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 17,398,000.00 9,996,000.00 3,679,000.00 -5,250,000.00 12,395,000.00 6,893,000.00 1,385,000.00 -8,143,000.00 12,426,000.00 7,835,000.00 2,800,000.00 399,000.00 5,675,000.00 1,863,000.00 -1,084,000.00 -6,209,000.00 12,256,000.00 5,248,000.00 4,492,000.00
   Operating Net Income 2,892,000.00 444,000.00 473,000.00 -1,088,000.00 4,063,000.00 3,167,000.00 1,334,000.00 -4,658,000.00 4,852,000.00 3,679,000.00 1,663,000.00 7,186,000.00 -3,411,000.00 -2,481,000.00 -9,348,000.00 34,519,000.00 5,637,000.00 3,815,000.00 9,786,000.00
   Deprecation and Amortization 5,722,000.00 2,818,000.00 1,384,000.00 -1,060,000.00 4,417,000.00 3,023,000.00 1,505,000.00 -808,000.00 4,825,000.00 3,221,000.00 1,625,000.00 -457,000.00 4,793,000.00 3,166,000.00 1,547,000.00 -444,000.00 4,444,000.00 2,924,000.00 1,742,000.00
   Deferred Income Tax -521,000.00 212,000.00 -54,000.00 501,000.00 -329,000.00 206,000.00 -28,000.00 -1,624,000.00 -45,000.00 3,000.00 17,000.00 1,860,000.00 -1,557,000.00 -1,160,000.00 -1,053,000.00 -1,987,000.00 652,000.00 345,000.00 427,000.00
   Share Based Compensation 409,000.00 275,000.00 121,000.00 -294,000.00 404,000.00 275,000.00 126,000.00 -228,000.00 350,000.00 238,000.00 100,000.00 -178,000.00 277,000.00 170,000.00 67,000.00 -181,000.00 262,000.00 183,000.00 41,000.00
   Change in Working Capital -2,605,000.00 -2,927,000.00 -2,427,000.00 1,044,000.00 2,739,000.00 1,865,000.00 1,121,000.00 5,303,000.00 1,234,000.00 1,473,000.00 656,000.00 915,000.00 6,601,000.00 4,611,000.00 2,192,000.00 16,899,000.00 -8,508,000.00 -10,465,000.00 -2,699,000.00
   Other Operating Activities 11,501,000.00 9,174,000.00 4,182,000.00 -4,353,000.00 1,101,000.00 -1,643,000.00 -2,673,000.00 -6,128,000.00 1,210,000.00 -779,000.00 -1,261,000.00 -8,927,000.00 -1,028,000.00 -2,443,000.00 5,511,000.00 -55,015,000.00 9,769,000.00 8,446,000.00 -4,805,000.00
Investing Cash Flow -10,388,000.00 -3,011,000.00 210,000.00 10,940,000.00 -17,509,000.00 -11,921,000.00 -5,880,000.00 725,000.00 -10,219,000.00 -6,157,000.00 -1,977,000.00 -12,429,000.00 625,000.00 4,142,000.00 3,315,000.00 -7,950,000.00 5,008,000.00 6,178,000.00 -491,000.00
   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 6,031,000.00 3,906,000.00 1,818,000.00 -3,790,000.00 6,186,000.00 4,194,000.00 2,094,000.00 -3,214,000.00 5,941,000.00 3,729,000.00 1,780,000.00 -2,374,000.00 4,801,000.00 3,069,000.00 1,370,000.00 -2,477,000.00 4,455,000.00 2,881,000.00 1,368,000.00
   Net Purchase/Sale of Investments Net 14,561,000.00 9,853,000.00 6,095,000.00 -13,726,000.00 19,084,000.00 12,803,000.00 6,530,000.00 -14,524,000.00 16,788,000.00 12,803,000.00 6,910,000.00 -24,399,000.00 30,346,000.00 18,849,000.00 11,467,000.00 -55,718,000.00 52,063,000.00 41,409,000.00 23,320,000.00
   Net Purchase/Sale of Business 442,000.00 138,000.00 3,000.00 -1,815,000.00 2,200,000.00 1,299,000.00 639,000.00 2,672,000.00 1,615,000.00 1,047,000.00 699,000.00 1,443,000.00 435,000.00 0 0 -151,000.00 145,000.00 144,000.00 7,000.00
   Net Loan & Lease Activity 59,720,000.00 54,505,000.00 45,533,000.00 48,379,000.00 55,901,000.00
   Other Investing Activities -71,455,000.00 -41,346,000.00 -19,317,000.00 59,864,000.00 -89,921,000.00 -59,759,000.00 -29,972,000.00 40,222,000.00 -74,725,000.00 -49,967,000.00 -23,909,000.00 31,383,000.00 -67,945,000.00 -38,525,000.00 -19,800,000.00 72,364,000.00 -86,348,000.00 -62,215,000.00 -36,881,000.00
Financing Cash Flow -3,558,000.00 -7,408,000.00 -6,120,000.00 3,864,000.00 3,695,000.00 384,000.00 -458,000.00 7,718,000.00 -799,000.00 -461,000.00 -3,874,000.00 14,956,000.00 -4,544,000.00 -6,240,000.00 -1,661,000.00 13,913,000.00 -15,420,000.00 -14,198,000.00 -7,793,000.00
   Net Issuance/Repayment of Debt 74,114,000.00 44,187,000.00 27,638,000.00 -57,802,000.00 77,909,000.00 53,097,000.00 29,512,000.00 -47,273,000.00 67,459,000.00 47,956,000.00 23,943,000.00 -44,325,000.00 71,900,000.00 44,160,000.00 24,850,000.00 -33,009,000.00 56,990,000.00 39,261,000.00 22,096,000.00
   Net Issuance/Repurchase of Equity 0 0 0 -94,000.00 276,000.00 244,000.00 0 335,000.00 0 0 0 484,000.00 0 0 0 0 0 0 0
   Dividends Paid 2,390,000.00 1,793,000.00 1,196,000.00 -2,655,000.00 2,522,000.00 1,925,000.00 1,326,000.00 -6,386,000.00 4,394,000.00 3,794,000.00 3,193,000.00 -613,000.00 1,410,000.00 807,000.00 405,000.00 394,000.00 3,000.00 3,000.00 3,000.00
   Other Financing Activities -80,062,000.00 -53,388,000.00 -34,954,000.00 64,415,000.00 -77,012,000.00 -54,882,000.00 -31,296,000.00 61,042,000.00 -72,652,000.00 -52,211,000.00 -31,010,000.00 59,410,000.00 -77,854,000.00 -51,207,000.00 -26,916,000.00 46,528,000.00 -72,413,000.00 -53,462,000.00 -29,892,000.00
Net Change in Cash 3,894,000.00 60,000.00 -2,113,000.00 9,472,000.00 -1,384,000.00 -4,884,000.00 -5,124,000.00 174,000.00 1,294,000.00 1,283,000.00 -2,981,000.00 3,676,000.00 984,000.00 -603,000.00 546,000.00 -229,000.00 1,689,000.00 -2,773,000.00 -3,885,000.00
   Cash at Beginning of Period 23,190,000.00 23,190,000.00 23,190,000.00 13,718,000.00 25,110,000.00 25,110,000.00 25,110,000.00 24,936,000.00 25,340,000.00 25,340,000.00 25,340,000.00 21,664,000.00 20,737,000.00 20,737,000.00 20,737,000.00 20,966,000.00 25,935,000.00 25,935,000.00 25,935,000.00
   Cash at End of Period 27,084,000.00 23,250,000.00 21,077,000.00 23,190,000.00 23,726,000.00 20,226,000.00 19,986,000.00 25,110,000.00 26,634,000.00 26,623,000.00 22,359,000.00 25,340,000.00 21,721,000.00 20,134,000.00 21,283,000.00 20,737,000.00 27,624,000.00 23,162,000.00 22,050,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0