FE
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 23.40 | 19.09 | 59.07 | 17.70 | 15.38 |
| Price to Sales | 1.69 | 1.63 | 1.92 | 2.04 | 1.54 |
| Book Value Per Common Share | 21.55 | 18.11 | 17.72 | 15.21 | 13.32 |
| Price to Book | 1.85 | 2.02 | 2.37 | 2.73 | 2.30 |
| Price to Operating Cash Flow | 7.91 | 15.15 | 8.93 | 8.06 | 11.66 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA | 86503.14 | 81117.58 | 63234.03 | 55161.38 | 49018.56 |
| 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 | 24.77 | 36.94 | 65.19 | 35.48 | 73.60 | 87.77 | 21.10 | 42.26 | 78.55 | 26.06 | 46.25 | 89.92 | 22.69 | 51.68 | 55.95 | |||||
| Price to Sales | 2.33 | 3.24 | 6.18 | 2.34 | 2.02 | 2.03 | 2.01 | 3.57 | 7.09 | 2.28 | 3.77 | 8.75 | 2.29 | 3.79 | 6.91 | |||||
| Book Value Per Common Share | 39.80 | 39.80 | 39.09 | 21.55 | 21.56 | 21.66 | 21.54 | 18.11 | 18.25 | 18.33 | 17.90 | 17.72 | 18.84 | 19.00 | 15.33 | 15.21 | 13.74 | 13.65 | 13.53 | 13.32 |
| Price to Book | 1.15 | 1.01 | 1.03 | 1.85 | 2.06 | 1.77 | 1.79 | 2.02 | 1.87 | 2.12 | 2.24 | 2.37 | 1.96 | 2.02 | 2.99 | 2.73 | 2.59 | 2.73 | 2.56 | 2.30 |
| Price to Operating Cash Flow | 8.98 | 11.36 | 27.70 | 13.81 | 20.53 | -554.09 | 45.65 | -104.60 | -204.60 | 11.50 | 17.09 | 73.64 | 9.21 | 15.03 | 35.34 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA | 73156.87 | 118840.32 | 251056.94 | 62623.61 | 102333.20 | 162533.96 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | -11.46 | 170.42 | -69.79 | 18.09 | |
| Revenue YoY | 5.10 | 3.30 | 11.92 | 3.17 | |
| EBITDA YoY | 2.16 | -31.59 | -11.74 | 26.77 | |
| Net Profit YoY | -11.25 | 15.15 | -25.41 | 18.91 |
| 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 | 69.72 | 75.81 | 140.38 | 18.18 | 76.09 | 80.39 | 71.08 | 62.75 | 118.06 | 16.13 | ||||||||||
| Revenue YoY | 58.05 | 89.83 | 0.00 | 0.00 | 55.91 | 93.04 | 59.84 | 94.28 | 58.41 | 96.18 | ||||||||||
| EBITDA YoY | 56.66 | 76.99 | 56.49 | 70.46 | ||||||||||||||||
| Net Profit YoY | 67.98 | 80.92 | 140.60 | 17.79 | 75.90 | 80.48 | 74.32 | 64.93 | 117.81 | 17.31 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.35 | 0.51 | 0.36 | 2.77 | 3.32 |
| Quick Ratio | 1.35 | 1.33 | 1.97 | 1.77 | 1.39 |
| Current Ratio | 0.46 | 0.48 | 0.61 | 0.73 | 0.74 |
| Debt to Equity | 0.53 | 0.80 | 0.45 | 0.47 | 0.51 |
| Long-Term Debt to Equity | 0.39 | 0.60 | 0.32 | 0.33 | 0.34 |
| 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 | 4.08 | 1.29 | 0.34 | 0.35 | 1.28 | 0.27 | 1.77 | 0.51 | 0.25 | 0.37 | 0.36 | 0.36 | 0.49 | 0.93 | 0.54 | 2.65 | 1.26 | 2.41 | 2.44 | 3.32 |
| Quick Ratio | 1.62 | 1.37 | 1.02 | 1.35 | 1.22 | 1.04 | 1.16 | 1.33 | 1.48 | 1.59 | 1.93 | 1.97 | 1.97 | 0.92 | 0.65 | 1.77 | 0.79 | 0.98 | 0.81 | 1.39 |
| Current Ratio | 0.77 | 0.53 | 0.36 | 0.46 | 0.49 | 0.42 | 0.57 | 0.48 | 0.53 | 0.60 | 0.68 | 0.61 | 0.66 | 0.75 | 0.52 | 0.73 | 0.62 | 0.83 | 0.69 | 0.74 |
| Debt to Equity | 0.42 | 0.41 | 0.41 | 0.53 | 0.45 | 0.45 | 0.44 | 0.80 | 3.34 | 3.29 | 3.33 | 0.45 | 0.40 | 0.41 | 0.46 | 0.47 | 0.46 | 0.46 | 0.49 | 0.51 |
| Long-Term Debt to Equity | 0.31 | 0.30 | 0.29 | 0.39 | 0.32 | 0.31 | 0.31 | 0.60 | 2.90 | 2.91 | 2.99 | 0.32 | 0.29 | 0.30 | 0.32 | 0.33 | 0.33 | 0.33 | 0.34 | 0.34 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 0.61 | 0.92 | 2.08 | 2.82 | 2.43 |
| ROE | 0.93 | 1.66 | 3.01 | 4.15 | 3.67 |
| Gross Margin | 96.57 | 95.82 | 94.14 | 95.68 | 96.58 |
| Operating Margin | 19.58 | 20.11 | 19.89 | 24.25 | 20.32 |
| EBITDA Margin | 19.61 | 20.17 | 30.46 | 38.63 | 31.44 |
| Net Profit Margin | 7.23 | 8.56 | 7.68 | 11.53 | 10.00 |
| 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 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.58 | 0.36 | 0.20 | 0.41 | 0.17 | 0.14 | 1.95 | 1.12 | 0.63 | 1.85 | 1.05 | 0.65 | 1.95 | 0.89 | 0.76 | |||||
| ROE | 0.82 | 0.51 | 0.29 | 0.59 | 0.25 | 0.21 | 8.47 | 4.80 | 2.72 | 2.58 | 1.48 | 0.94 | 2.86 | 1.29 | 1.13 | |||||
| Gross Margin | 95.76 | 95.58 | 96.05 | 96.59 | 97.86 | 99.04 | 95.49 | 95.62 | 95.88 | 94.19 | 94.32 | 95.32 | 95.73 | 95.70 | 95.67 | |||||
| Operating Margin | 24.43 | 23.52 | 23.65 | 18.27 | 10.60 | 6.49 | 20.84 | 20.31 | 20.52 | 19.92 | 19.84 | 22.88 | 22.84 | 21.47 | 25.94 | |||||
| EBITDA Margin | 31.16 | 31.79 | 34.89 | 36.56 | 37.00 | 42.59 | ||||||||||||||
| Net Profit Margin | 11.67 | 10.98 | 11.52 | 6.58 | 2.73 | 2.32 | 9.53 | 8.45 | 9.04 | 8.92 | 8.18 | 9.64 | 10.10 | 7.35 | 12.29 |
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 | 161,501,000.00 | 119,542,000.00 | 46,108,000.00 | 45,432,000.00 | 44,464,000.00 |
| Current Assets | 2,900,000.00 | 2,756,000.00 | 2,415,000.00 | 3,237,000.00 | 3,714,000.00 |
| Cash and Short-Term Investments | 202,000.00 | 295,000.00 | 206,000.00 | 1,511,000.00 | 1,801,000.00 |
| Cash and Cash Equivalents | 202,000.00 | 295,000.00 | 206,000.00 | 1,511,000.00 | 1,801,000.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 8,309,000.00 | 7,301,000.00 | 7,576,000.00 | 6,288,000.00 | 5,166,000.00 |
| Inventory | 550,000.00 | 513,000.00 | 421,000.00 | 260,000.00 | 317,000.00 |
| Other Current Assets | -6,161,000.00 | -5,353,000.00 | -5,788,000.00 | -4,822,000.00 | -3,570,000.00 |
| Non-Current Assets | 158,601,000.00 | 116,786,000.00 | 43,693,000.00 | 42,195,000.00 | 40,750,000.00 |
| Property, Plant, Equipment Net | 228,000.00 | 64,916,000.00 | 51,651,000.00 | 49,262,000.00 | 47,232,000.00 |
| Goodwill | 20,743,000.00 | 17,078,000.00 | 16,854,000.00 | 16,854,000.00 | 16,854,000.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 226,000.00 |
| Long-Term Investments | 671,000.00 | 682,000.00 | 622,000.00 | 655,000.00 | 927,000.00 |
| Non-Current Deferred Assets | 0 | 0 | -752,000.00 | 0 | 0 |
| Other Non-Current Assets | 136,959,000.00 | 34,110,000.00 | -24,682,000.00 | -24,576,000.00 | -24,489,000.00 |
| Liabilities | 56,130,000.00 | 53,112,000.00 | 14,262,000.00 | 14,509,000.00 | 15,096,000.00 |
| Current Liabilities | 6,311,000.00 | 5,727,000.00 | 3,958,000.00 | 4,416,000.00 | 5,004,000.00 |
| Payables and Expenses | 3,150,000.00 | 2,985,000.00 | 2,697,000.00 | 2,186,000.00 | 2,098,000.00 |
| Account Payables | 1,912,000.00 | 1,719,000.00 | 1,757,000.00 | 1,226,000.00 | 1,109,000.00 |
| Current Accrued Liabilities | 1,238,000.00 | 1,266,000.00 | 940,000.00 | 960,000.00 | 989,000.00 |
| Short-Term Debt | 2,452,000.00 | 2,025,000.00 | 451,000.00 | 1,606,000.00 | 2,346,000.00 |
| Other Current Liabilities | 709,000.00 | 717,000.00 | 810,000.00 | 624,000.00 | 560,000.00 |
| Non-Current Liabilities | 40,719,000.00 | 39,550,000.00 | 10,304,000.00 | 10,093,000.00 | 10,092,000.00 |
| Long-Term Debt | 27,735,000.00 | 28,160,000.00 | 21,203,000.00 | 22,248,000.00 | 22,131,000.00 |
| Other Non-Current Liabilities | 12,984,000.00 | 11,390,000.00 | -10,899,000.00 | -12,155,000.00 | -12,039,000.00 |
| Equity | 105,371,000.00 | 66,430,000.00 | 31,846,000.00 | 30,923,000.00 | 29,368,000.00 |
| Shareholders Equity | 12,427,000.00 | 10,403,000.00 | 10,138,000.00 | 8,675,000.00 | 7,237,000.00 |
| Capital Stock | 58,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 54,000.00 |
| Share Premium | 12,368,000.00 | 10,494,000.00 | 11,322,000.00 | 10,238,000.00 | 10,076,000.00 |
| Retained Earnings | 43,000.00 | -97,000.00 | -1,199,000.00 | -1,605,000.00 | -2,888,000.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -14,000.00 | -17,000.00 | -14,000.00 | -15,000.00 | -5,000.00 |
| Minority Interest | 1,265,000.00 | 479,000.00 | 477,000.00 | 0 | 0 |
| Investments | 671,000.00 | 682,000.00 | 622,000.00 | 655,000.00 | 927,000.00 |
| Debt | 30,187,000.00 | 30,185,000.00 | 21,654,000.00 | 23,854,000.00 | 24,477,000.00 |
| Net Debt | 29,985,000.00 | 29,890,000.00 | 21,448,000.00 | 22,343,000.00 | 22,676,000.00 |
| Common Shares Outstanding | 576,612.24 | 574,335.40 | 572,130.93 | 570,261.10 | 543,117.53 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 13,526,000.00 | 12,870,000.00 | 12,459,000.00 | 11,132,000.00 | 10,790,000.00 |
| Cost Of Revenue | 464,000.00 | 538,000.00 | 730,000.00 | 481,000.00 | 369,000.00 |
| Gross Profit | 13,062,000.00 | 12,332,000.00 | 11,729,000.00 | 10,651,000.00 | 10,421,000.00 |
| Operating Expenses | 10,687,000.00 | 10,066,000.00 | 9,819,000.00 | 8,925,000.00 | 8,259,000.00 |
| Selling, General and Administrative Expenses | 1,212,000.00 | 1,164,000.00 | 1,129,000.00 | 1,073,000.00 | 1,046,000.00 |
| Other Operating Expenses | 9,475,000.00 | 8,902,000.00 | 8,690,000.00 | 7,852,000.00 | 7,213,000.00 |
| Operating Income | 2,375,000.00 | 2,266,000.00 | 1,910,000.00 | 1,726,000.00 | 2,162,000.00 |
| Net Non-Operating Income | -871,000.00 | -802,000.00 | -471,000.00 | -167,000.00 | -1,033,000.00 |
| Interest Expense | 1,144,000.00 | 1,124,000.00 | 1,039,000.00 | 1,140,000.00 | 1,064,000.00 |
| EBT | 1,504,000.00 | 1,464,000.00 | 1,439,000.00 | 1,559,000.00 | 1,129,000.00 |
| Income Tax | 1,062,000.00 | 267,000.00 | 1,000,000.00 | 637,000.00 | 244,000.00 |
| Equity Method Investments Income | 188,000.00 | 525,000.00 | 168,000.00 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 829,000.00 | 1,028,000.00 | 924,000.00 | 0 | 0 |
| Net Income Non-Controlling Interests | 149,000.00 | 74,000.00 | 33,000.00 | 0 | 0 |
| Net Income | 978,000.00 | 1,102,000.00 | 957,000.00 | 1,283,000.00 | 1,079,000.00 |
| EBIT | 2,648,000.00 | 2,588,000.00 | 2,478,000.00 | 2,699,000.00 | 2,193,000.00 |
| Deprecation and Amortization | 4,000.00 | 8,000.00 | 1,317,000.00 | 1,601,000.00 | 1,199,000.00 |
| EBITDA | 2,652,000.00 | 2,596,000.00 | 3,795,000.00 | 4,300,000.00 | 3,392,000.00 |
| 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 | 575,000.00 | 573,000.00 | 571,000.00 | 545,000.00 | 542,000.00 |
| Average Shares Outstanding Diluted | 577,000.00 | 574,000.00 | 572,000.00 | 546,000.00 | 543,000.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 2,891,000.00 | 1,387,000.00 | 2,683,000.00 | 2,811,000.00 | 1,423,000.00 |
| Operating Net Income | 3,232,000.00 | 3,454,000.00 | 1,723,000.00 | 1,283,000.00 | 1,079,000.00 |
| Deprecation and Amortization | 4,000.00 | 8,000.00 | 1,317,000.00 | 1,601,000.00 | 1,199,000.00 |
| Deferred Income Tax | 316,000.00 | 252,000.00 | 989,000.00 | 297,000.00 | 113,000.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 153,000.00 | 117,000.00 | 1,055,000.00 | -163,000.00 | 290,000.00 |
| Other Operating Activities | -814,000.00 | -2,444,000.00 | -2,401,000.00 | -207,000.00 | -1,258,000.00 |
| Investing Cash Flow | -4,350,000.00 | -3,652,000.00 | -3,076,000.00 | -2,559,000.00 | -2,908,000.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 4,030,000.00 | 3,356,000.00 | 2,756,000.00 | 5,045,000.00 | 5,316,000.00 |
| Net Purchase/Sale of Investments Net | 257,000.00 | 98,000.00 | 203,000.00 | 139,000.00 | 7,000.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -8,637,000.00 | -7,106,000.00 | -6,035,000.00 | -7,743,000.00 | -8,231,000.00 |
| Financing Cash Flow | 1,434,000.00 | 2,238,000.00 | -912,000.00 | -542,000.00 | 2,607,000.00 |
| Net Issuance/Repayment of Debt | 5,085,000.00 | 4,590,000.00 | 3,805,000.00 | 4,832,000.00 | 10,278,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 1,000,000.00 | 0 |
| Dividends Paid | 970,000.00 | 906,000.00 | 891,000.00 | 849,000.00 | 845,000.00 |
| Other Financing Activities | -4,621,000.00 | -3,258,000.00 | -5,608,000.00 | -7,223,000.00 | -8,516,000.00 |
| Net Change in Cash | -25,000.00 | -27,000.00 | -1,305,000.00 | -290,000.00 | 1,122,000.00 |
| Cash at Beginning of Period | 179,000.00 | 206,000.00 | 1,511,000.00 | 1,801,000.00 | 679,000.00 |
| Cash at End of Period | 154,000.00 | 179,000.00 | 206,000.00 | 1,511,000.00 | 1,801,000.00 |
| 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 | 227,493,000.00 | 218,703,000.00 | 212,681,000.00 | 161,501,000.00 | 175,976,000.00 | 174,738,000.00 | 175,045,000.00 | 119,542,000.00 | 47,471,000.00 | 47,065,000.00 | 46,479,000.00 | 46,108,000.00 | 44,851,000.00 | 45,120,000.00 | 44,617,000.00 | 45,432,000.00 | 43,854,000.00 | 44,363,000.00 | 44,117,000.00 | 44,464,000.00 |
| Current Assets | 5,729,000.00 | 4,138,000.00 | 3,421,000.00 | 2,900,000.00 | 3,427,000.00 | 3,401,000.00 | 4,282,000.00 | 2,756,000.00 | 2,520,000.00 | 2,485,000.00 | 2,507,000.00 | 2,415,000.00 | 2,312,000.00 | 2,539,000.00 | 2,250,000.00 | 3,237,000.00 | 2,532,000.00 | 3,196,000.00 | 3,188,000.00 | 3,714,000.00 |
| Cash and Short-Term Investments | 2,352,000.00 | 746,000.00 | 197,000.00 | 202,000.00 | 734,000.00 | 153,000.00 | 1,017,000.00 | 295,000.00 | 144,000.00 | 214,000.00 | 206,000.00 | 206,000.00 | 277,000.00 | 532,000.00 | 310,000.00 | 1,511,000.00 | 684,000.00 | 1,312,000.00 | 1,326,000.00 | 1,801,000.00 |
| Cash and Cash Equivalents | 2,352,000.00 | 746,000.00 | 197,000.00 | 202,000.00 | 734,000.00 | 153,000.00 | 1,017,000.00 | 295,000.00 | 144,000.00 | 214,000.00 | 206,000.00 | 206,000.00 | 277,000.00 | 532,000.00 | 310,000.00 | 1,511,000.00 | 684,000.00 | 1,312,000.00 | 1,326,000.00 | 1,801,000.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 9,669,000.00 | 10,033,000.00 | 9,585,000.00 | 8,309,000.00 | 7,893,000.00 | 8,363,000.00 | 7,671,000.00 | 7,301,000.00 | 6,950,000.00 | 6,370,000.00 | 6,925,000.00 | 7,576,000.00 | 6,600,000.00 | 2,559,000.00 | 2,526,000.00 | 6,288,000.00 | 2,558,000.00 | 2,496,000.00 | 2,399,000.00 | 5,166,000.00 |
| Inventory | 579,000.00 | 596,000.00 | 568,000.00 | 550,000.00 | 537,000.00 | 537,000.00 | 539,000.00 | 513,000.00 | 481,000.00 | 449,000.00 | 457,000.00 | 421,000.00 | 361,000.00 | 304,000.00 | 273,000.00 | 260,000.00 | 245,000.00 | 274,000.00 | 303,000.00 | 317,000.00 |
| Other Current Assets | -6,871,000.00 | -7,237,000.00 | -6,929,000.00 | -6,161,000.00 | -5,737,000.00 | -5,652,000.00 | -4,945,000.00 | -5,353,000.00 | -5,055,000.00 | -4,548,000.00 | -5,081,000.00 | -5,788,000.00 | -4,926,000.00 | -856,000.00 | -859,000.00 | -4,822,000.00 | -955,000.00 | -886,000.00 | -840,000.00 | -3,570,000.00 |
| Non-Current Assets | 221,764,000.00 | 214,565,000.00 | 209,260,000.00 | 158,601,000.00 | 172,549,000.00 | 171,337,000.00 | 170,763,000.00 | 116,786,000.00 | 44,951,000.00 | 44,580,000.00 | 43,972,000.00 | 43,693,000.00 | 42,539,000.00 | 42,581,000.00 | 42,367,000.00 | 42,195,000.00 | 41,322,000.00 | 41,167,000.00 | 40,929,000.00 | 40,750,000.00 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 228,000.00 | 68,088,000.00 | 66,545,000.00 | 65,382,000.00 | 64,916,000.00 | 53,763,000.00 | 52,677,000.00 | 51,837,000.00 | 51,651,000.00 | 50,377,000.00 | 49,986,000.00 | 49,311,000.00 | 49,262,000.00 | 48,498,000.00 | 48,007,000.00 | 47,423,000.00 | 47,232,000.00 |
| Goodwill | 28,129,000.00 | 22,511,000.00 | 22,511,000.00 | 20,743,000.00 | 22,696,000.00 | 22,696,000.00 | 22,696,000.00 | 17,078,000.00 | 5,618,000.00 | 5,618,000.00 | 5,618,000.00 | 16,854,000.00 | 5,618,000.00 | 5,618,000.00 | 5,618,000.00 | 16,854,000.00 | 5,618,000.00 | 5,618,000.00 | 5,618,000.00 | 16,854,000.00 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 226,000.00 |
| Long-Term Investments | 945,000.00 | 972,000.00 | 959,000.00 | 671,000.00 | 707,000.00 | 1,439,000.00 | 1,457,000.00 | 682,000.00 | 626,000.00 | 638,000.00 | 632,000.00 | 622,000.00 | 621,000.00 | 626,000.00 | 646,000.00 | 655,000.00 | 632,000.00 | 622,000.00 | 606,000.00 | 927,000.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -752,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 192,690,000.00 | 191,082,000.00 | 185,790,000.00 | 136,959,000.00 | 81,058,000.00 | 80,657,000.00 | 81,228,000.00 | 34,110,000.00 | -15,056,000.00 | -14,353,000.00 | -14,115,000.00 | -24,682,000.00 | -14,077,000.00 | -13,649,000.00 | -13,208,000.00 | -24,576,000.00 | -13,426,000.00 | -13,080,000.00 | -12,718,000.00 | -24,489,000.00 |
| Liabilities | 67,173,000.00 | 64,108,000.00 | 61,682,000.00 | 56,130,000.00 | 54,673,000.00 | 53,891,000.00 | 53,668,000.00 | 53,112,000.00 | 36,526,000.00 | 36,094,000.00 | 35,748,000.00 | 14,262,000.00 | 12,708,000.00 | 13,043,000.00 | 14,108,000.00 | 14,509,000.00 | 13,872,000.00 | 13,908,000.00 | 14,553,000.00 | 15,096,000.00 |
| Current Liabilities | 7,421,000.00 | 7,882,000.00 | 9,617,000.00 | 6,311,000.00 | 7,065,000.00 | 8,166,000.00 | 7,467,000.00 | 5,727,000.00 | 4,796,000.00 | 4,149,000.00 | 3,700,000.00 | 3,958,000.00 | 3,493,000.00 | 3,370,000.00 | 4,360,000.00 | 4,416,000.00 | 4,094,000.00 | 3,871,000.00 | 4,624,000.00 | 5,004,000.00 |
| Payables and Expenses | 3,608,000.00 | 3,859,000.00 | 3,426,000.00 | 3,150,000.00 | 3,037,000.00 | 3,047,000.00 | 3,047,000.00 | 2,985,000.00 | 2,474,000.00 | 2,344,000.00 | 2,424,000.00 | 2,697,000.00 | 2,278,000.00 | 2,344,000.00 | 2,305,000.00 | 2,186,000.00 | 2,177,000.00 | 2,301,000.00 | 2,080,000.00 | 2,098,000.00 |
| Account Payables | 2,245,000.00 | 2,551,000.00 | 2,096,000.00 | 1,912,000.00 | 1,862,000.00 | 1,829,000.00 | 1,749,000.00 | 1,719,000.00 | 1,565,000.00 | 1,483,000.00 | 1,501,000.00 | 1,757,000.00 | 1,380,000.00 | 1,437,000.00 | 1,379,000.00 | 1,226,000.00 | 1,167,000.00 | 1,477,000.00 | 1,159,000.00 | 1,109,000.00 |
| Current Accrued Liabilities | 1,363,000.00 | 1,308,000.00 | 1,330,000.00 | 1,238,000.00 | 1,175,000.00 | 1,218,000.00 | 1,298,000.00 | 1,266,000.00 | 909,000.00 | 861,000.00 | 923,000.00 | 940,000.00 | 898,000.00 | 907,000.00 | 926,000.00 | 960,000.00 | 1,010,000.00 | 824,000.00 | 921,000.00 | 989,000.00 |
| Short-Term Debt | 2,978,000.00 | 3,456,000.00 | 5,300,000.00 | 2,452,000.00 | 3,327,000.00 | 4,560,000.00 | 3,713,000.00 | 2,025,000.00 | 1,572,000.00 | 1,352,000.00 | 602,000.00 | 451,000.00 | 353,000.00 | 353,000.00 | 1,405,000.00 | 1,606,000.00 | 1,230,000.00 | 1,233,000.00 | 1,989,000.00 | 2,346,000.00 |
| Other Current Liabilities | 835,000.00 | 567,000.00 | 891,000.00 | 709,000.00 | 701,000.00 | 559,000.00 | 707,000.00 | 717,000.00 | 750,000.00 | 453,000.00 | 674,000.00 | 810,000.00 | 862,000.00 | 673,000.00 | 650,000.00 | 624,000.00 | 687,000.00 | 337,000.00 | 555,000.00 | 560,000.00 |
| Non-Current Liabilities | 50,052,000.00 | 46,726,000.00 | 43,065,000.00 | 40,719,000.00 | 38,608,000.00 | 37,225,000.00 | 38,017,000.00 | 39,550,000.00 | 31,730,000.00 | 31,945,000.00 | 32,048,000.00 | 10,304,000.00 | 9,215,000.00 | 9,673,000.00 | 9,748,000.00 | 10,093,000.00 | 9,778,000.00 | 10,037,000.00 | 9,929,000.00 | 10,092,000.00 |
| Long-Term Debt | 35,164,000.00 | 31,617,000.00 | 28,150,000.00 | 27,735,000.00 | 26,844,000.00 | 25,280,000.00 | 26,477,000.00 | 28,160,000.00 | 22,882,000.00 | 22,656,000.00 | 22,124,000.00 | 21,203,000.00 | 20,905,000.00 | 20,763,000.00 | 21,754,000.00 | 22,248,000.00 | 22,503,000.00 | 23,025,000.00 | 22,204,000.00 | 22,131,000.00 |
| Other Non-Current Liabilities | 14,888,000.00 | 15,109,000.00 | 14,915,000.00 | 12,984,000.00 | 11,764,000.00 | 11,945,000.00 | 11,540,000.00 | 11,390,000.00 | 8,848,000.00 | 9,289,000.00 | 9,924,000.00 | -10,899,000.00 | -11,690,000.00 | -11,090,000.00 | -12,006,000.00 | -12,155,000.00 | -12,725,000.00 | -12,988,000.00 | -12,275,000.00 | -12,039,000.00 |
| Equity | 160,320,000.00 | 154,595,000.00 | 150,999,000.00 | 105,371,000.00 | 121,303,000.00 | 120,847,000.00 | 121,377,000.00 | 66,430,000.00 | 10,945,000.00 | 10,971,000.00 | 10,731,000.00 | 31,846,000.00 | 32,143,000.00 | 32,077,000.00 | 30,509,000.00 | 30,923,000.00 | 29,982,000.00 | 30,455,000.00 | 29,564,000.00 | 29,368,000.00 |
| Shareholders Equity | 22,990,000.00 | 22,981,000.00 | 22,563,000.00 | 12,427,000.00 | 12,427,000.00 | 12,474,000.00 | 12,397,000.00 | 10,403,000.00 | 10,474,000.00 | 10,510,000.00 | 10,253,000.00 | 10,138,000.00 | 10,774,000.00 | 10,858,000.00 | 8,755,000.00 | 8,675,000.00 | 7,479,000.00 | 7,430,000.00 | 7,360,000.00 | 7,237,000.00 |
| Capital Stock | 194,000.00 | 194,000.00 | 194,000.00 | 58,000.00 | 58,000.00 | 58,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 57,000.00 | 54,000.00 | 54,000.00 | 54,000.00 | 54,000.00 |
| Share Premium | 15,942,000.00 | 15,919,000.00 | 15,902,000.00 | 12,368,000.00 | 12,356,000.00 | 12,385,000.00 | 12,357,000.00 | 10,494,000.00 | 10,705,000.00 | 11,140,000.00 | 11,118,000.00 | 11,322,000.00 | 11,526,000.00 | 11,943,000.00 | 10,031,000.00 | 10,238,000.00 | 9,468,000.00 | 9,880,000.00 | 9,866,000.00 | 10,076,000.00 |
| Retained Earnings | 1,776,000.00 | 1,821,000.00 | 1,487,000.00 | 43,000.00 | 27,000.00 | 45,000.00 | 0 | -97,000.00 | -272,000.00 | -672,000.00 | -907,000.00 | -1,199,000.00 | -796,000.00 | -1,130,000.00 | -1,317,000.00 | -1,605,000.00 | -2,032,000.00 | -2,495,000.00 | -2,553,000.00 | -2,888,000.00 |
| 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 | -18,000.00 | -18,000.00 | -18,000.00 | -14,000.00 | -14,000.00 | -14,000.00 | -17,000.00 | -17,000.00 | -16,000.00 | -15,000.00 | -15,000.00 | -14,000.00 | -13,000.00 | -12,000.00 | -16,000.00 | -15,000.00 | -11,000.00 | -9,000.00 | -7,000.00 | -5,000.00 |
| Minority Interest | 1,386,000.00 | 1,320,000.00 | 1,295,000.00 | 1,265,000.00 | 1,265,000.00 | 1,254,000.00 | 1,216,000.00 | 479,000.00 | 471,000.00 | 461,000.00 | 478,000.00 | 477,000.00 | 464,000.00 | 456,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 945,000.00 | 972,000.00 | 959,000.00 | 671,000.00 | 707,000.00 | 1,439,000.00 | 1,457,000.00 | 682,000.00 | 626,000.00 | 638,000.00 | 632,000.00 | 622,000.00 | 621,000.00 | 626,000.00 | 646,000.00 | 655,000.00 | 632,000.00 | 622,000.00 | 606,000.00 | 927,000.00 |
| Debt | 38,142,000.00 | 35,073,000.00 | 33,450,000.00 | 30,187,000.00 | 30,171,000.00 | 29,840,000.00 | 30,190,000.00 | 30,185,000.00 | 24,454,000.00 | 24,008,000.00 | 22,726,000.00 | 21,654,000.00 | 21,258,000.00 | 21,116,000.00 | 23,159,000.00 | 23,854,000.00 | 23,733,000.00 | 24,258,000.00 | 24,193,000.00 | 24,477,000.00 |
| Net Debt | 35,790,000.00 | 34,327,000.00 | 33,253,000.00 | 29,985,000.00 | 29,437,000.00 | 29,687,000.00 | 29,173,000.00 | 29,890,000.00 | 24,310,000.00 | 23,794,000.00 | 22,520,000.00 | 21,448,000.00 | 20,981,000.00 | 20,584,000.00 | 22,849,000.00 | 22,343,000.00 | 23,049,000.00 | 22,946,000.00 | 22,867,000.00 | 22,676,000.00 |
| Common Shares Outstanding | 577,665.56 | 577,403.93 | 577,156.24 | 576,612.24 | 576,317.00 | 575,922.42 | 575,516.47 | 574,335.40 | 573,814.82 | 573,362.38 | 572,836.88 | 572,130.93 | 571,753.19 | 571,395.29 | 570,932.26 | 570,261.10 | 544,419.62 | 544,193.64 | 543,900.43 | 543,117.53 |
| 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 | 11,329,000.00 | 7,168,000.00 | 3,776,000.00 | -19,174,000.00 | 10,900,000.00 | 10,900,000.00 | 10,900,000.00 | -6,322,000.00 | 9,724,000.00 | 6,237,000.00 | 3,231,000.00 | -5,619,000.00 | 9,282,000.00 | 5,807,000.00 | 2,989,000.00 | -5,414,000.00 | 8,472,000.00 | 5,348,000.00 | 2,726,000.00 |
| Cost Of Revenue | 480,000.00 | 317,000.00 | 149,000.00 | -246,000.00 | 372,000.00 | 233,000.00 | 105,000.00 | -307,000.00 | 439,000.00 | 273,000.00 | 133,000.00 | -279,000.00 | 539,000.00 | 330,000.00 | 140,000.00 | -229,000.00 | 362,000.00 | 230,000.00 | 118,000.00 |
| Gross Profit | 10,849,000.00 | 6,851,000.00 | 3,627,000.00 | -18,928,000.00 | 10,528,000.00 | 10,667,000.00 | 10,795,000.00 | -6,015,000.00 | 9,285,000.00 | 5,964,000.00 | 3,098,000.00 | -5,340,000.00 | 8,743,000.00 | 5,477,000.00 | 2,849,000.00 | -5,185,000.00 | 8,110,000.00 | 5,118,000.00 | 2,608,000.00 |
| Operating Expenses | 8,274,000.00 | 5,278,000.00 | 2,799,000.00 | -17,894,000.00 | 8,766,000.00 | 9,632,000.00 | 10,183,000.00 | -5,000,000.00 | 7,587,000.00 | 4,932,000.00 | 2,547,000.00 | -4,174,000.00 | 7,232,000.00 | 4,471,000.00 | 2,290,000.00 | -3,979,000.00 | 6,608,000.00 | 4,247,000.00 | 2,049,000.00 |
| Selling, General and Administrative Expenses | 0 | 0 | 0 | 1,212,000.00 | 0 | 0 | 0 | 1,164,000.00 | 0 | 0 | 0 | 1,129,000.00 | 0 | 0 | 0 | 1,073,000.00 | 0 | 0 | 0 |
| Other Operating Expenses | 8,274,000.00 | 5,278,000.00 | 2,799,000.00 | -19,106,000.00 | 8,766,000.00 | 9,632,000.00 | 10,183,000.00 | -6,164,000.00 | 7,587,000.00 | 4,932,000.00 | 2,547,000.00 | -5,303,000.00 | 7,232,000.00 | 4,471,000.00 | 2,290,000.00 | -5,052,000.00 | 6,608,000.00 | 4,247,000.00 | 2,049,000.00 |
| Operating Income | 2,575,000.00 | 1,573,000.00 | 828,000.00 | -1,034,000.00 | 1,762,000.00 | 1,035,000.00 | 612,000.00 | -1,015,000.00 | 1,698,000.00 | 1,032,000.00 | 551,000.00 | -1,166,000.00 | 1,511,000.00 | 1,006,000.00 | 559,000.00 | -1,206,000.00 | 1,502,000.00 | 871,000.00 | 559,000.00 |
| Net Non-Operating Income | -706,000.00 | -474,000.00 | -223,000.00 | 446,000.00 | -637,000.00 | -470,000.00 | -210,000.00 | 153,000.00 | -500,000.00 | -304,000.00 | -151,000.00 | 561,000.00 | -450,000.00 | -394,000.00 | -188,000.00 | 687,000.00 | -422,000.00 | -295,000.00 | -137,000.00 |
| Interest Expense | 899,000.00 | 587,000.00 | 288,000.00 | -617,000.00 | 866,000.00 | 590,000.00 | 305,000.00 | -506,000.00 | 828,000.00 | 539,000.00 | 263,000.00 | -602,000.00 | 788,000.00 | 540,000.00 | 313,000.00 | -572,000.00 | 855,000.00 | 572,000.00 | 285,000.00 |
| EBT | 1,869,000.00 | 1,099,000.00 | 605,000.00 | -588,000.00 | 1,125,000.00 | 565,000.00 | 402,000.00 | -862,000.00 | 1,198,000.00 | 728,000.00 | 400,000.00 | -605,000.00 | 1,061,000.00 | 612,000.00 | 371,000.00 | -519,000.00 | 1,080,000.00 | 576,000.00 | 422,000.00 |
| Income Tax | 1,162,000.00 | 796,000.00 | 440,000.00 | -910,000.00 | 932,000.00 | 634,000.00 | 406,000.00 | -180,000.00 | 193,000.00 | 164,000.00 | 90,000.00 | 548,000.00 | 237,000.00 | 132,000.00 | 83,000.00 | 96,000.00 | 271,000.00 | 183,000.00 | 87,000.00 |
| Equity Method Investments Income | 0 | 0 | 0 | -194,000.00 | 191,000.00 | 128,000.00 | 63,000.00 | -312,000.00 | 400,000.00 | 271,000.00 | 166,000.00 | 168,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 1,127,000.00 | 683,000.00 | 381,000.00 | -244,000.00 | 603,000.00 | 231,000.00 | 239,000.00 | -606,000.00 | 870,000.00 | 490,000.00 | 274,000.00 | -359,000.00 | 813,000.00 | 470,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Income Non-Controlling Interests | 195,000.00 | 104,000.00 | 54,000.00 | -46,000.00 | 114,000.00 | 67,000.00 | 14,000.00 | -38,000.00 | 57,000.00 | 37,000.00 | 18,000.00 | 13,000.00 | 15,000.00 | 5,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 1,322,000.00 | 787,000.00 | 435,000.00 | -290,000.00 | 717,000.00 | 298,000.00 | 253,000.00 | -644,000.00 | 927,000.00 | 527,000.00 | 292,000.00 | -634,000.00 | 828,000.00 | 475,000.00 | 288,000.00 | -301,000.00 | 856,000.00 | 393,000.00 | 335,000.00 |
| EBIT | 2,768,000.00 | 1,686,000.00 | 893,000.00 | -1,205,000.00 | 1,991,000.00 | 1,155,000.00 | 707,000.00 | -1,368,000.00 | 2,026,000.00 | 1,267,000.00 | 663,000.00 | -1,207,000.00 | 1,849,000.00 | 1,152,000.00 | 684,000.00 | -1,091,000.00 | 1,935,000.00 | 1,148,000.00 | 707,000.00 |
| Deprecation and Amortization | 0.00 | 0.00 | 0.00 | 4,000.00 | 0.00 | 0.00 | 0.00 | 8,000.00 | 0.00 | 0.00 | 0.00 | -779,000.00 | 1,043,000.00 | 694,000.00 | 359,000.00 | -846,000.00 | 1,162,000.00 | 831,000.00 | 454,000.00 |
| EBITDA | 0 | 0 | 0 | 2,652,000.00 | 0 | 0 | 0 | 2,596,000.00 | 0 | 0 | 0 | -1,986,000.00 | 2,892,000.00 | 1,846,000.00 | 1,043,000.00 | -1,937,000.00 | 3,097,000.00 | 1,979,000.00 | 1,161,000.00 |
| 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 | 577,000.00 | 577,000.00 | 577,000.00 | 576,000.00 | 575,000.00 | 575,000.00 | 574,000.00 | 574,000.00 | 573,000.00 | 573,000.00 | 572,000.00 | 572,000.00 | 571,000.00 | 571,000.00 | 570,000.00 | 549,000.00 | 544,000.00 | 544,000.00 | 543,000.00 |
| Average Shares Outstanding Diluted | 578,000.00 | 578,000.00 | 578,000.00 | 580,000.00 | 576,000.00 | 576,000.00 | 576,000.00 | 575,000.00 | 574,000.00 | 574,000.00 | 573,000.00 | 573,000.00 | 572,000.00 | 572,000.00 | 571,000.00 | 550,000.00 | 545,000.00 | 545,000.00 | 544,000.00 |
| 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 | 2,945,000.00 | 2,045,000.00 | 842,000.00 | 12,000.00 | 1,847,000.00 | 1,072,000.00 | -40,000.00 | 1,283,000.00 | 429,000.00 | -213,000.00 | -112,000.00 | -792,000.00 | 1,837,000.00 | 1,283,000.00 | 355,000.00 | -1,173,000.00 | 2,104,000.00 | 1,347,000.00 | 533,000.00 |
| Operating Net Income | 1,498,000.00 | 847,000.00 | 1,237,000.00 | 1,249,000.00 | 831,000.00 | 365,000.00 | 787,000.00 | 994,000.00 | 984,000.00 | 564,000.00 | 912,000.00 | 131,000.00 | 824,000.00 | 480,000.00 | 288,000.00 | -301,000.00 | 856,000.00 | 393,000.00 | 335,000.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 4,000.00 | 0 | 0 | 0 | 8,000.00 | 0 | 0 | 0 | -779,000.00 | 1,043,000.00 | 694,000.00 | 359,000.00 | -846,000.00 | 1,162,000.00 | 831,000.00 | 454,000.00 |
| Deferred Income Tax | 307,000.00 | 209,000.00 | 120,000.00 | -185,000.00 | 224,000.00 | 165,000.00 | 112,000.00 | -70,000.00 | 157,000.00 | 133,000.00 | 32,000.00 | 568,000.00 | 221,000.00 | 123,000.00 | 77,000.00 | -216,000.00 | 255,000.00 | 176,000.00 | 82,000.00 |
| 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 | 173,000.00 | 669,000.00 | 23,000.00 | -341,000.00 | 79,000.00 | 492,000.00 | -77,000.00 | 1,063,000.00 | -202,000.00 | -371,000.00 | -373,000.00 | 286,000.00 | 255,000.00 | 379,000.00 | 135,000.00 | 455,000.00 | -202,000.00 | -149,000.00 | -267,000.00 |
| Other Operating Activities | 967,000.00 | 320,000.00 | -538,000.00 | -715,000.00 | 713,000.00 | 50,000.00 | -862,000.00 | -712,000.00 | -510,000.00 | -539,000.00 | -683,000.00 | -998,000.00 | -506,000.00 | -393,000.00 | -504,000.00 | -265,000.00 | 33,000.00 | 96,000.00 | -71,000.00 |
| Investing Cash Flow | -4,682,000.00 | -2,941,000.00 | -1,319,000.00 | 1,357,000.00 | -2,961,000.00 | -1,876,000.00 | -870,000.00 | 1,084,000.00 | -2,473,000.00 | -1,547,000.00 | -716,000.00 | 800,000.00 | -2,003,000.00 | -1,281,000.00 | -592,000.00 | 925,000.00 | -1,811,000.00 | -1,174,000.00 | -499,000.00 |
| 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 | 4,321,000.00 | 2,700,000.00 | 1,211,000.00 | -11,658,000.00 | 8,150,000.00 | 5,172,000.00 | 2,366,000.00 | -977,000.00 | 2,266,000.00 | 1,418,000.00 | 649,000.00 | -699,000.00 | 1,788,000.00 | 1,147,000.00 | 520,000.00 | -2,616,000.00 | 3,691,000.00 | 2,607,000.00 | 1,363,000.00 |
| Net Purchase/Sale of Investments Net | 343,000.00 | 161,000.00 | 115,000.00 | -35,000.00 | 221,000.00 | 43,000.00 | 28,000.00 | -8,000.00 | 73,000.00 | 24,000.00 | 9,000.00 | -27,000.00 | 126,000.00 | 69,000.00 | 35,000.00 | 30,000.00 | 78,000.00 | 18,000.00 | 13,000.00 |
| 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 | -9,346,000.00 | -5,802,000.00 | -2,645,000.00 | 13,050,000.00 | -11,332,000.00 | -7,091,000.00 | -3,264,000.00 | 2,069,000.00 | -4,812,000.00 | -2,989,000.00 | -1,374,000.00 | 1,526,000.00 | -3,917,000.00 | -2,497,000.00 | -1,147,000.00 | 3,511,000.00 | -5,580,000.00 | -3,799,000.00 | -1,875,000.00 |
| Financing Cash Flow | 3,722,000.00 | 1,356,000.00 | 486,000.00 | -2,340,000.00 | 1,400,000.00 | 728,000.00 | 1,646,000.00 | -2,340,000.00 | 1,982,000.00 | 1,768,000.00 | 828,000.00 | 2,101,000.00 | -1,068,000.00 | -981,000.00 | -964,000.00 | 2,039,000.00 | -1,410,000.00 | -662,000.00 | -509,000.00 |
| Net Issuance/Repayment of Debt | 9,746,000.00 | 6,665,000.00 | 1,463,000.00 | -1,029,000.00 | 3,610,000.00 | 1,806,000.00 | 698,000.00 | -4,353,000.00 | 3,857,000.00 | 3,365,000.00 | 1,721,000.00 | -3,539,000.00 | 3,203,000.00 | 2,745,000.00 | 1,396,000.00 | -3,967,000.00 | 3,758,000.00 | 3,233,000.00 | 1,808,000.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000.00 | 0 | 0 | 0 |
| Dividends Paid | 879,000.00 | 532,000.00 | 275,000.00 | -470,000.00 | 725,000.00 | 480,000.00 | 235,000.00 | -434,000.00 | 670,000.00 | 447,000.00 | 223,000.00 | -443,000.00 | 667,000.00 | 445,000.00 | 222,000.00 | -423,000.00 | 636,000.00 | 424,000.00 | 212,000.00 |
| Other Financing Activities | -6,903,000.00 | -5,841,000.00 | -1,252,000.00 | -841,000.00 | -2,935,000.00 | -1,558,000.00 | 713,000.00 | 2,447,000.00 | -2,545,000.00 | -2,044,000.00 | -1,116,000.00 | 6,083,000.00 | -4,938,000.00 | -4,171,000.00 | -2,582,000.00 | 5,429,000.00 | -5,804,000.00 | -4,319,000.00 | -2,529,000.00 |
| Net Change in Cash | 1,985,000.00 | 460,000.00 | 9,000.00 | -971,000.00 | 286,000.00 | -76,000.00 | 736,000.00 | 27,000.00 | -62,000.00 | 8,000.00 | 0.00 | 2,109,000.00 | -1,234,000.00 | -979,000.00 | -1,201,000.00 | 1,791,000.00 | -1,117,000.00 | -489,000.00 | -475,000.00 |
| Cash at Beginning of Period | -554,000.00 | 154,000.00 | 154,000.00 | 1,125,000.00 | 179,000.00 | 179,000.00 | 179,000.00 | 152,000.00 | 206,000.00 | 206,000.00 | 206,000.00 | -1,903,000.00 | 1,511,000.00 | 1,511,000.00 | 1,511,000.00 | -280,000.00 | 1,801,000.00 | 1,801,000.00 | 1,801,000.00 |
| Cash at End of Period | 1,431,000.00 | 614,000.00 | 163,000.00 | 154,000.00 | 465,000.00 | 103,000.00 | 915,000.00 | 179,000.00 | 144,000.00 | 214,000.00 | 206,000.00 | 206,000.00 | 277,000.00 | 532,000.00 | 310,000.00 | 1,511,000.00 | 684,000.00 | 1,312,000.00 | 1,326,000.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |