FIX

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 28.97 22.78 16.82 25.05
Price to Sales 2.15 1.41 1.00 1.17
Book Value Per Common Share 47.94 35.81 27.96 22.32 38.46
Price to Book 8.85 5.74 4.12 4.43
Price to Operating Cash Flow 17.82 11.51 13.71 19.93
Price to Free Cash Flow
Enterprise Value to EBITDA 156402.19 152889.79 124499.16 134540.27
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 42.21 47.45 67.57 37.04 47.22 117.67 26.34 46.38 91.23 18.36 23.23 37.09 24.51 48.04 102.42
Price to Sales 4.52 4.74 6.25 2.70 3.25 7.39 1.59 2.38 4.45 1.16 1.57 3.63 1.17 2.07 4.05
Book Value Per Common Share 63.32 55.87 50.33 47.94 44.61 41.53 38.45 35.81 33.76 31.07 29.47 27.96 26.59 25.06 24.43 22.32 21.41 20.69 19.94 38.46
Price to Book 13.03 9.60 6.40 8.85 8.75 7.32 8.26 5.74 5.05 5.28 4.95 4.12 3.66 3.32 3.64 4.43 3.33 3.81 3.75
Price to Operating Cash Flow 40.67 115.41 -130.19 21.83 32.31 77.48 13.08 23.31 41.19 20.65 27.66 50.39 16.97 26.02 32.05
Price to Free Cash Flow
Enterprise Value to EBITDA 267063.01 293182.64 409557.87 233039.36 293440.31 709430.88 175953.10 295705.69 583588.44 147747.08 215859.54 527435.83 132673.97 254481.17 514374.79

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 62.13 32.02 73.16 -3.89
Revenue YoY 34.97 25.76 34.71 7.60
EBITDA YoY 100.85 45.22 24.54 1.87
Net Profit YoY 61.54 31.49 71.57 -4.52
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 73.01 136.90 63.66 138.52 82.77 121.25 48.04 49.17 77.44 124.66
Revenue YoY 61.20 118.68 54.14 117.78 55.77 110.37 58.85 114.99 60.27 106.59
EBITDA YoY 68.90 132.21 61.18 131.40 74.37 122.13 70.98 127.16 72.16 113.55
Net Profit YoY 72.88 136.36 63.49 139.13 82.98 121.43 47.68 48.69 77.87 124.44

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 15.41 5.73 1.59 1.62 1.50
Quick Ratio 0.28 0.26 0.15 0.21 0.21
Current Ratio 1.08 1.11 1.12 1.23 1.17
Debt to Equity 1.76 1.59 1.60 1.74 1.52
Long-Term Debt to Equity 0.25 0.24 0.43 0.70 0.53
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 2020-12-31
Cash Per Common Share 24.32 9.37 5.76 15.46 11.64 5.58 2.82 5.75 3.84 1.68 1.36 1.60 1.98 1.92 3.20 1.63 1.86 1.48 1.44 1.52
Quick Ratio 0.36 0.21 0.22 0.28 0.26 0.19 0.15 0.26 0.26 0.14 0.12 0.15 0.23 0.23 0.30 0.21 0.21 0.20 0.20 0.21
Current Ratio 1.22 1.13 1.08 1.08 1.04 1.00 0.96 1.11 1.11 1.01 1.04 1.12 1.30 1.28 1.33 1.23 1.22 1.14 1.10 1.17
Debt to Equity 1.59 1.57 1.57 1.76 1.78 1.84 1.84 1.59 1.60 1.62 1.70 1.60 1.68 1.72 1.63 1.74 1.53 1.33 1.37 1.52
Long-Term Debt to Equity 0.23 0.20 0.21 0.25 0.25 0.27 0.28 0.24 0.25 0.29 0.36 0.43 0.58 0.64 0.65 0.70 0.57 0.37 0.42 0.53

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 11.09 9.78 9.47 6.49 8.54
ROE 30.65 25.31 24.60 17.79 21.56
Gross Margin 21.01 19.02 17.91 18.32 19.15
Operating Margin 9.58 7.65 6.02 6.39 7.00
EBITDA Margin 13.72 9.22 7.98 8.64 9.12
Net Profit Margin 7.43 6.21 5.94 4.66 5.26
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 11.97 7.90 3.71 8.53 5.47 2.47 7.38 4.35 2.02 7.47 5.29 3.76 5.42 3.39 1.54
ROE 30.97 20.30 9.53 23.72 15.54 7.02 19.20 11.40 5.43 20.03 14.38 9.88 13.70 7.91 3.66
Gross Margin 23.56 22.81 22.03 20.21 19.75 19.35 18.47 17.54 17.49 17.54 17.24 17.30 18.45 18.06 18.43
Operating Margin 13.65 12.68 11.45 9.41 8.84 8.11 7.44 6.44 5.95 5.77 5.06 4.50 6.48 5.84 5.48
EBITDA Margin 16.88 16.11 15.17 11.55 11.05 10.40 9.00 8.04 7.61 7.80 7.24 6.85 8.74 8.13 7.87
Net Profit Margin 10.72 9.99 9.24 7.30 6.88 6.27 6.02 5.13 4.87 6.30 6.78 9.80 4.77 4.30 3.96

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 4,711,088.00 3,305,579.00 2,597,478.00 2,209,114.00 1,757,355.00
   Current Assets 2,790,241.00 1,911,100.00 1,307,671.00 1,027,321.00 811,852.00
      Cash and Short-Term Investments 549,939.00 205,150.00 57,214.00 58,776.00 54,896.00
            Cash and Cash Equivalents 549,939.00 205,150.00 57,214.00 58,776.00 54,896.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 181,972.00 239,093.00 115,399.00 119,372.00 89,808.00
      Inventory 59,224.00 65,538.00 35,309.00 21,853.00 13,472.00
      Other Current Assets 1,999,106.00 1,401,319.00 1,099,749.00 827,320.00 653,676.00
   Non-Current Assets 1,920,847.00 1,394,479.00 1,289,807.00 1,181,793.00 945,503.00
      Property, Plant, Equipment Net 506,286.00 414,280.00 274,615.00 253,310.00 211,933.00
      Goodwill 875,270.00 666,834.00 611,789.00 1,281,028.00 1,070,015.00
      Intangible Assets 434,417.00 280,397.00 273,901.00 304,781.00 231,807.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 85,441.00 17,723.00 115,665.00 22,905.00 29,401.00
      Other Non-Current Assets 19,433.00 15,245.00 13,837.00 -680,231.00 -597,653.00
Liabilities 3,006,412.00 2,027,750.00 1,597,555.00 1,403,448.00 1,060,926.00
   Current Liabilities 2,582,770.00 1,721,205.00 1,170,802.00 836,554.00 692,904.00
      Payables and Expenses 883,565.00 589,098.00 465,150.00 384,759.00 326,009.00
            Account Payables 654,943.00 419,962.00 337,385.00 254,788.00 204,145.00
            Current Accrued Liabilities 228,622.00 169,136.00 127,765.00 129,971.00 121,864.00
      Short-Term Debt 6,042.00 4,867.00 9,000.00 2,788.00 16,586.00
      Other Current Liabilities 1,693,163.00 1,127,240.00 696,652.00 449,007.00 350,309.00
   Non-Current Liabilities 423,642.00 306,545.00 426,753.00 566,894.00 368,022.00
      Long-Term Debt 274,400.00 227,481.00 358,989.00 492,943.00 316,309.00
      Other Non-Current Liabilities 149,242.00 79,064.00 67,764.00 73,951.00 51,713.00
Equity 1,704,676.00 1,277,829.00 999,923.00 805,666.00 696,429.00
   Shareholders Equity 1,704,676.00 1,277,829.00 999,923.00 805,666.00 1,391,828.00
      Capital Stock 411.00 411.00 411.00 411.00 411.00
      Share Premium 350,734.00 339,562.00 332,080.00 327,061.00 322,451.00
      Retained Earnings 1,627,330.00 1,147,663.00 854,644.00 628,774.00 502,810.00
      Treasury Shares 273,799.00 209,807.00 187,212.00 150,580.00 129,243.00
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 17,585.00 13,377.00 12,241.00 10,110.00 10,709.00
Debt 280,442.00 232,348.00 367,989.00 495,731.00 316,309.00
Net Debt 0 27,198.00 310,775.00 436,955.00 261,413.00
Common Shares Outstanding 35,561.00 35,685.00 35,761.00 36,091.00 36,188.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 7,027,476.00 5,206,760.00 4,140,364.00 3,073,636.00 2,856,659.00
Cost Of Revenue 5,551,065.00 4,216,251.00 3,398,756.00 2,510,429.00 2,309,676.00
Gross Profit 1,476,411.00 990,509.00 741,608.00 563,207.00 546,983.00
Operating Expenses 727,042.00 572,121.00 487,759.00 374,769.00 356,332.00
   Selling, General and Administrative Expenses 730,072.00 574,423.00 489,344.00 376,309.00 357,777.00
   Other Operating Expenses -3,030.00 -2,302.00 -1,585.00 -1,540.00 -1,445.00
Operating Income 749,369.00 418,388.00 253,849.00 188,438.00 190,651.00
Net Non-Operating Income -82,808.00 -30,194.00 -17,991.00 1,836.00 889.00
Interest Income 18,202.00 13,773.00 13,398.00 6,220.00 8,488.00
Interest Expense 6,648.00 10,281.00 13,352.00 6,196.00 8,385.00
Net Interest 11,554.00 3,492.00 46.00 24.00 103.00
EBT 666,561.00 388,194.00 235,858.00 190,274.00 191,540.00
Income Tax 144,128.00 64,796.00 10,089.00 46,926.00 41,401.00
Net Income Including Non-Controlling Interests 522,433.00 323,398.00 245,947.00 143,348.00 150,139.00
Net Income Non-Controlling Interests 0.00 0.00 0.00 0.00 0.00
Net Income 522,433.00 323,398.00 245,947.00 143,348.00 150,139.00
EBIT 673,209.00 398,475.00 249,210.00 196,470.00 199,925.00
Deprecation and Amortization 290,970.00 81,566.00 81,347.00 68,944.00 60,629.00
EBITDA 964,179.00 480,041.00 330,557.00 265,414.00 260,554.00
EPS 0.01 0.01 0.01 0.00 0.00
Diluted EPS 0.01 0.01 0.01 0.00 0.00
Average Shares Outstanding Basic 35,689.00 35,802.00 35,932.00 36,285.00 36,542.00
Average Shares Outstanding Diluted 35,775.00 35,895.00 36,046.00 36,450.00 36,738.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 849,057.00 639,568.00 301,531.00 180,151.00 286,510.00
   Operating Net Income 522,433.00 323,398.00 245,947.00 143,348.00 450,417.00
   Deprecation and Amortization 290,970.00 81,566.00 81,347.00 68,944.00 60,629.00
   Deferred Income Tax -66,613.00 95,296.00 -94,505.00 6,902.00 -7,953.00
   Share Based Compensation 16,646.00 12,939.00 10,532.00 10,593.00 6,934.00
   Change in Working Capital 945,117.00 903,835.00 577,061.00 124,576.00 -2,178.00
   Other Operating Activities -859,496.00 -777,466.00 -518,851.00 -174,212.00 -221,339.00
Investing Cash Flow -343,509.00 -193,008.00 -97,178.00 -246,722.00 -207,802.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 116,609.00 100,789.00 99,576.00 47,761.00 50,532.00
   Net Purchase/Sale of Investments Net 2,510.00 1,860.00 2,460.00 0 0
   Net Purchase/Sale of Business 235,466.00 102,261.00 49,217.00 227,493.00 185,941.00
   Other Investing Activities -698,094.00 -397,918.00 -248,431.00 -521,976.00 -444,275.00
Financing Cash Flow -160,759.00 -298,624.00 -205,915.00 70,451.00 -74,600.00
   Net Issuance/Repayment of Debt 391,216.00 797,033.00 1,248,155.00 464,501.00 570,534.00
   Net Issuance/Repurchase of Equity 116,396.00 42,502.00 77,502.00 59,788.00 32,264.00
   Dividends Paid 42,766.00 30,379.00 20,077.00 17,384.00 15,499.00
   Other Financing Activities -711,137.00 -1,168,538.00 -1,551,649.00 -471,222.00 -692,897.00
Net Change in Cash 344,789.00 147,936.00 -1,562.00 3,880.00 4,108.00
   Cash at Beginning of Period 205,150.00 57,214.00 58,776.00 54,896.00 50,788.00
   Cash at End of Period 549,939.00 205,150.00 57,214.00 58,776.00 54,896.00
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 5,777,851.00 5,063,729.00 4,569,218.00 4,711,088.00 4,412,765.00 4,213,984.00 3,902,829.00 3,305,579.00 3,140,619.00 2,915,117.00 2,839,471.00 2,597,478.00 2,549,473.00 2,439,622.00 2,308,413.00 2,209,114.00 1,951,334.00 1,754,950.00 1,715,530.00 1,757,355.00
   Current Assets 3,703,528.00 3,043,279.00 2,597,499.00 2,790,241.00 2,536,899.00 2,323,371.00 2,048,189.00 1,911,100.00 1,812,232.00 1,500,323.00 1,459,024.00 1,307,671.00 1,358,091.00 1,238,223.00 1,139,629.00 1,027,321.00 904,711.00 819,400.00 762,572.00 811,852.00
      Cash and Short-Term Investments 860,523.00 331,710.00 204,758.00 549,939.00 415,583.00 199,419.00 100,792.00 205,150.00 137,623.00 60,007.00 48,560.00 57,214.00 71,139.00 69,129.00 115,615.00 58,776.00 67,721.00 53,659.00 52,116.00 54,896.00
            Cash and Cash Equivalents 860,523.00 331,710.00 204,758.00 549,939.00 415,583.00 199,419.00 100,792.00 205,150.00 137,623.00 60,007.00 48,560.00 57,214.00 71,139.00 69,129.00 115,615.00 58,776.00 67,721.00 53,659.00 52,116.00 54,896.00
            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 231,370.00 237,097.00 314,183.00 181,972.00 224,655.00 236,790.00 213,075.00 239,093.00 290,671.00 142,111.00 123,063.00 115,399.00 173,208.00 151,175.00 144,578.00 119,372.00 89,962.00 92,139.00 85,230.00 89,808.00
      Inventory 78,830.00 70,732.00 63,045.00 59,224.00 55,680.00 63,778.00 71,061.00 65,538.00 53,899.00 41,619.00 37,013.00 35,309.00 38,149.00 31,246.00 24,918.00 21,853.00 19,908.00 18,837.00 15,653.00 13,472.00
      Other Current Assets 2,532,805.00 2,403,740.00 2,015,513.00 1,999,106.00 1,840,981.00 1,823,384.00 1,663,261.00 1,401,319.00 1,330,039.00 1,256,586.00 1,250,388.00 1,099,749.00 1,075,595.00 986,673.00 854,518.00 827,320.00 727,120.00 654,765.00 609,573.00 653,676.00
   Non-Current Assets 2,074,323.00 2,020,450.00 1,971,719.00 1,920,847.00 1,875,866.00 1,890,613.00 1,854,640.00 1,394,479.00 1,328,387.00 1,414,794.00 1,380,447.00 1,289,807.00 1,191,382.00 1,201,399.00 1,168,784.00 1,181,793.00 1,046,623.00 935,550.00 952,958.00 945,503.00
      Property, Plant, Equipment Net 612,149.00 537,679.00 521,718.00 506,286.00 475,451.00 467,040.00 453,354.00 414,280.00 396,002.00 305,621.00 289,776.00 274,615.00 271,672.00 265,327.00 252,647.00 253,310.00 219,874.00 209,121.00 211,821.00 211,933.00
      Goodwill 928,168.00 927,780.00 905,843.00 875,270.00 875,193.00 874,947.00 862,934.00 666,834.00 637,487.00 637,487.00 637,434.00 611,789.00 1,318,878.00 1,318,800.00 1,284,694.00 1,281,028.00 1,150,728.00 1,040,892.00 1,042,356.00 1,070,015.00
      Intangible Assets 431,921.00 451,446.00 441,502.00 434,417.00 456,459.00 480,880.00 489,884.00 280,397.00 274,128.00 285,057.00 296,070.00 273,901.00 285,094.00 296,538.00 291,990.00 304,781.00 268,099.00 221,584.00 230,408.00 231,807.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 77,904.00 84,344.00 83,409.00 85,441.00 50,234.00 50,112.00 31,928.00 17,723.00 5,959.00 170,965.00 143,202.00 115,665.00 11,327.00 16,594.00 20,577.00 22,905.00 22,812.00 23,952.00 29,811.00 29,401.00
      Other Non-Current Assets 24,181.00 19,201.00 19,247.00 19,433.00 18,529.00 17,634.00 16,540.00 15,245.00 14,811.00 15,664.00 13,965.00 13,837.00 -695,589.00 -695,860.00 -681,124.00 -680,231.00 -614,890.00 -559,999.00 -561,438.00 -597,653.00
Liabilities 3,544,465.00 3,092,520.00 2,792,205.00 3,006,412.00 2,825,043.00 2,731,690.00 2,530,293.00 2,027,750.00 1,933,457.00 1,803,653.00 1,785,981.00 1,597,555.00 1,598,341.00 1,542,777.00 1,430,005.00 1,403,448.00 1,179,545.00 1,002,938.00 992,427.00 1,060,926.00
   Current Liabilities 3,032,223.00 2,699,599.00 2,411,244.00 2,582,770.00 2,429,143.00 2,334,948.00 2,139,659.00 1,721,205.00 1,628,987.00 1,481,476.00 1,406,659.00 1,170,802.00 1,044,005.00 968,180.00 857,199.00 836,554.00 742,262.00 721,410.00 691,688.00 692,904.00
      Payables and Expenses 1,021,529.00 837,762.00 752,613.00 883,565.00 861,720.00 799,919.00 711,718.00 589,098.00 615,553.00 537,807.00 467,115.00 465,150.00 480,214.00 431,877.00 389,236.00 384,759.00 374,297.00 323,250.00 289,089.00 326,009.00
            Account Payables 665,132.00 573,267.00 560,663.00 654,943.00 603,546.00 590,529.00 557,859.00 419,962.00 441,128.00 396,181.00 351,509.00 337,385.00 330,288.00 293,964.00 267,246.00 254,788.00 236,387.00 207,453.00 184,499.00 204,145.00
            Current Accrued Liabilities 356,397.00 264,495.00 191,950.00 228,622.00 258,174.00 209,390.00 153,859.00 169,136.00 174,425.00 141,626.00 115,606.00 127,765.00 149,926.00 137,913.00 121,990.00 129,971.00 137,910.00 115,797.00 104,590.00 121,864.00
      Short-Term Debt 4,676.00 11,689.00 4,066.00 6,042.00 6,046.00 17,686.00 12,885.00 4,867.00 13,333.00 13,334.00 11,468.00 9,000.00 2,514.00 2,448.00 407.00 2,788.00 5,958.00 4,235.00 16,586.00 16,586.00
      Other Current Liabilities 2,006,018.00 1,850,148.00 1,654,565.00 1,693,163.00 1,561,377.00 1,517,343.00 1,415,056.00 1,127,240.00 1,000,101.00 930,335.00 928,076.00 696,652.00 561,277.00 533,855.00 467,556.00 449,007.00 362,007.00 393,925.00 386,013.00 350,309.00
   Non-Current Liabilities 512,242.00 392,921.00 380,961.00 423,642.00 395,900.00 396,742.00 390,634.00 306,545.00 304,470.00 322,177.00 379,322.00 426,753.00 554,336.00 574,597.00 572,806.00 566,894.00 437,283.00 281,528.00 300,739.00 368,022.00
      Long-Term Debt 389,378.00 271,961.00 274,140.00 274,400.00 270,583.00 282,087.00 286,721.00 227,481.00 225,383.00 249,247.00 312,779.00 358,989.00 492,635.00 516,842.00 519,112.00 492,943.00 355,695.00 237,332.00 254,413.00 316,309.00
      Other Non-Current Liabilities 122,864.00 120,960.00 106,821.00 149,242.00 125,317.00 114,655.00 103,913.00 79,064.00 79,087.00 72,930.00 66,543.00 67,764.00 61,701.00 57,755.00 53,694.00 73,951.00 81,588.00 44,196.00 46,326.00 51,713.00
Equity 2,233,386.00 1,971,209.00 1,777,013.00 1,704,676.00 1,587,722.00 1,482,294.00 1,372,536.00 1,277,829.00 1,207,162.00 1,111,464.00 1,053,490.00 999,923.00 951,132.00 896,845.00 878,408.00 805,666.00 771,789.00 752,012.00 723,103.00 696,429.00
   Shareholders Equity 2,233,386.00 1,971,209.00 1,777,013.00 1,704,676.00 1,587,722.00 1,482,294.00 1,372,536.00 1,277,829.00 1,207,162.00 1,111,464.00 1,053,490.00 999,923.00 951,132.00 896,845.00 878,408.00 805,666.00 771,789.00 752,012.00 723,103.00 1,391,828.00
      Capital Stock 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00 411.00
      Share Premium 362,688.00 361,662.00 361,653.00 350,734.00 350,182.00 349,099.00 348,582.00 339,562.00 338,830.00 338,413.00 338,884.00 332,080.00 331,710.00 331,375.00 331,978.00 327,061.00 326,493.00 326,179.00 326,143.00 322,451.00
      Retained Earnings 2,271,408.00 1,997,434.00 1,782,457.00 1,627,330.00 1,493,904.00 1,358,357.00 1,235,061.00 1,147,663.00 1,065,006.00 967,930.00 905,606.00 854,644.00 804,585.00 748,083.00 710,863.00 628,774.00 595,872.00 553,925.00 525,138.00 502,810.00
      Treasury Shares 401,121.00 388,298.00 367,508.00 273,799.00 256,775.00 225,573.00 211,518.00 209,807.00 197,085.00 195,290.00 191,411.00 187,212.00 185,574.00 183,024.00 164,844.00 150,580.00 150,987.00 128,503.00 128,589.00 129,243.00
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 17,585.00 0 0 0 13,377.00 0 0 0 12,241.00 0 0 0 10,110.00 0 0 0 10,709.00
Debt 394,054.00 283,650.00 278,206.00 280,442.00 276,629.00 299,773.00 299,606.00 232,348.00 238,716.00 262,581.00 324,247.00 367,989.00 495,149.00 519,290.00 519,519.00 495,731.00 361,653.00 241,567.00 254,413.00 316,309.00
Net Debt 0 0 73,448.00 0 0 100,354.00 198,814.00 27,198.00 101,093.00 202,574.00 275,687.00 310,775.00 424,010.00 450,161.00 403,904.00 436,955.00 293,932.00 187,908.00 202,297.00 261,413.00
Common Shares Outstanding 35,272.00 35,281.00 35,308.00 35,561.00 35,593.00 35,691.00 35,695.00 35,685.00 35,760.00 35,770.00 35,752.00 35,761.00 35,774.00 35,781.00 35,953.00 36,091.00 36,042.00 36,349.00 36,255.00 36,188.00
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
Revenues 6,455,574.00 4,004,605.00 1,831,286.00 -3,016,518.00 5,159,672.00 3,347,306.00 1,537,016.00 -2,288,144.00 3,849,194.00 2,471,070.00 1,174,640.00 -1,671,192.00 3,023,176.00 1,903,164.00 885,216.00 -1,197,333.00 2,217,552.00 1,383,656.00 669,761.00
Cost Of Revenue 4,934,390.00 3,091,292.00 1,427,870.00 -2,491,934.00 4,116,999.00 2,686,347.00 1,239,653.00 -1,929,099.00 3,138,370.00 2,037,745.00 969,235.00 -1,401,160.00 2,492,816.00 1,575,028.00 732,072.00 -978,011.00 1,808,416.00 1,133,732.00 546,292.00
Gross Profit 1,521,184.00 913,313.00 403,416.00 -524,584.00 1,042,673.00 660,959.00 297,363.00 -359,045.00 710,824.00 433,325.00 205,405.00 -270,032.00 530,360.00 328,136.00 153,144.00 -219,322.00 409,136.00 249,924.00 123,469.00
Operating Expenses 633,339.00 404,342.00 194,318.00 -295,349.00 519,659.00 340,829.00 161,903.00 -245,471.00 412,714.00 270,358.00 134,520.00 -222,070.00 356,582.00 235,794.00 117,453.00 -158,046.00 270,029.00 174,922.00 87,864.00
   Selling, General and Administrative Expenses 634,919.00 405,340.00 194,874.00 -297,348.00 522,437.00 342,260.00 162,723.00 -246,468.00 414,397.00 271,462.00 135,032.00 -222,626.00 357,694.00 236,500.00 117,776.00 -158,718.00 271,050.00 175,763.00 88,214.00
   Other Operating Expenses -1,580.00 -998.00 -556.00 1,999.00 -2,778.00 -1,431.00 -820.00 997.00 -1,683.00 -1,104.00 -512.00 556.00 -1,112.00 -706.00 -323.00 672.00 -1,021.00 -841.00 -350.00
Operating Income 887,845.00 508,971.00 209,098.00 -229,235.00 523,014.00 320,130.00 135,460.00 -113,574.00 298,110.00 162,967.00 70,885.00 -47,962.00 173,778.00 92,342.00 35,691.00 -61,276.00 139,107.00 75,002.00 35,605.00
Net Non-Operating Income -12,891.00 -4,475.00 -1,086.00 -494.00 -42,491.00 -27,419.00 -12,404.00 8,451.00 -21,645.00 -11,940.00 -5,060.00 -10,772.00 -8,119.00 -1,118.00 2,018.00 -994.00 199.00 3,008.00 -377.00
Interest Income 19,665.00 10,310.00 5,886.00 -3,007.00 11,764.00 6,209.00 3,236.00 -13,504.00 12,321.00 9,483.00 5,473.00 -2,676.00 8,778.00 5,164.00 2,132.00 -2,593.00 4,450.00 2,863.00 1,500.00
Interest Expense 6,198.00 3,224.00 1,619.00 -3,399.00 5,072.00 3,342.00 1,633.00 -11,669.00 9,880.00 7,994.00 4,076.00 -2,696.00 8,764.00 5,155.00 2,129.00 -2,601.00 4,443.00 2,857.00 1,497.00
Net Interest 13,467.00 7,086.00 4,267.00 392.00 6,692.00 2,867.00 1,603.00 -1,835.00 2,441.00 1,489.00 1,397.00 20.00 14.00 9.00 3.00 8.00 7.00 6.00 3.00
EBT 874,954.00 504,496.00 208,012.00 -229,729.00 480,523.00 292,711.00 123,056.00 -105,123.00 276,465.00 151,027.00 65,825.00 -58,734.00 165,659.00 91,224.00 37,709.00 -62,270.00 139,306.00 78,010.00 35,228.00
Income Tax 183,202.00 104,359.00 38,723.00 -48,952.00 103,960.00 62,383.00 26,737.00 -12,796.00 44,648.00 24,335.00 8,609.00 -101,612.00 24,864.00 37,784.00 49,053.00 -13,918.00 33,553.00 18,554.00 8,737.00
Net Income Including Non-Controlling Interests 691,752.00 400,137.00 169,289.00 -180,777.00 376,563.00 230,328.00 96,319.00 -92,327.00 231,817.00 126,692.00 57,216.00 -160,346.00 190,523.00 129,008.00 86,762.00 -48,352.00 105,753.00 59,456.00 26,491.00
Net Income Non-Controlling Interests 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 Income 691,752.00 400,137.00 169,289.00 -180,777.00 376,563.00 230,328.00 96,319.00 -92,327.00 231,817.00 126,692.00 57,216.00 -160,346.00 190,523.00 129,008.00 86,762.00 -48,352.00 105,753.00 59,456.00 26,491.00
EBIT 881,152.00 507,720.00 209,631.00 -233,128.00 485,595.00 296,053.00 124,689.00 -116,792.00 286,345.00 159,021.00 69,901.00 -61,430.00 174,423.00 96,379.00 39,838.00 -64,871.00 143,749.00 80,867.00 36,725.00
Deprecation and Amortization 208,692.00 137,544.00 68,250.00 71,355.00 110,601.00 73,847.00 35,167.00 -37,546.00 59,990.00 39,604.00 19,518.00 -42,188.00 61,245.00 41,453.00 20,837.00 -28,706.00 50,000.00 31,674.00 15,976.00
EBITDA 1,089,844.00 645,264.00 277,881.00 -161,773.00 596,196.00 369,900.00 159,856.00 -154,338.00 346,335.00 198,625.00 89,419.00 -103,618.00 235,668.00 137,832.00 60,675.00 -93,577.00 193,749.00 112,541.00 52,701.00
EPS 0.02 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.00 0.00 0.00
Diluted EPS 0.02 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 35,379.00 35,415.00 35,524.00 35,557.00 35,718.00 35,742.00 35,739.00 35,760.00 35,819.00 35,817.00 35,812.00 35,664.00 35,966.00 36,022.00 36,076.00 36,181.00 36,328.00 36,345.00 36,286.00
Average Shares Outstanding Diluted 35,445.00 35,486.00 35,605.00 35,640.00 35,804.00 35,828.00 35,828.00 35,856.00 35,910.00 35,907.00 35,907.00 35,788.00 36,078.00 36,130.00 36,188.00 36,268.00 36,500.00 36,533.00 36,499.00
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 717,816.00 164,545.00 -87,950.00 -272,509.00 638,594.00 336,415.00 146,557.00 -206,220.00 466,560.00 252,319.00 126,909.00 -40,014.00 169,524.00 108,292.00 63,729.00 -167,219.00 152,654.00 110,069.00 84,647.00
   Operating Net Income 691,752.00 400,137.00 169,289.00 -180,777.00 376,563.00 230,328.00 96,319.00 -92,327.00 231,817.00 126,692.00 57,216.00 -160,346.00 190,523.00 129,008.00 86,762.00 -48,352.00 105,753.00 59,456.00 26,491.00
   Deprecation and Amortization 208,692.00 137,544.00 68,250.00 71,355.00 110,601.00 73,847.00 35,167.00 -37,546.00 59,990.00 39,604.00 19,518.00 -42,188.00 61,245.00 41,453.00 20,837.00 -28,706.00 50,000.00 31,674.00 15,976.00
   Deferred Income Tax 7,537.00 1,097.00 2,032.00 12,492.00 -32,511.00 -32,389.00 -14,205.00 61,778.00 116,355.00 -55,300.00 -27,537.00 -114,722.00 11,578.00 6,311.00 2,328.00 -4,726.00 6,589.00 5,449.00 -410.00
   Share Based Compensation 15,746.00 12,193.00 8,037.00 -12,982.00 12,129.00 10,085.00 7,414.00 -10,578.00 9,128.00 8,248.00 6,141.00 -7,373.00 7,479.00 6,430.00 3,996.00 -8,356.00 7,378.00 6,860.00 4,711.00
   Change in Working Capital 914,295.00 477,947.00 -98,490.00 -641,075.00 697,880.00 605,677.00 282,635.00 -672,057.00 809,001.00 442,036.00 324,855.00 -279,268.00 498,256.00 297,018.00 61,055.00 155,402.00 29,691.00 10,898.00 -71,415.00
   Other Operating Activities -1,120,206.00 -864,373.00 -237,068.00 478,478.00 -526,068.00 -551,133.00 -260,773.00 544,510.00 -759,731.00 -308,961.00 -253,284.00 563,883.00 -599,557.00 -371,928.00 -111,249.00 -232,481.00 -46,757.00 -4,268.00 109,294.00
Investing Cash Flow -235,996.00 -182,988.00 -96,783.00 464,593.00 -304,020.00 -282,434.00 -221,648.00 88,690.00 -119,125.00 -93,628.00 -68,945.00 54,215.00 -82,759.00 -59,265.00 -9,369.00 -91,113.00 -119,605.00 -20,974.00 -15,030.00
   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 91,965.00 55,545.00 23,303.00 -33,528.00 74,006.00 50,165.00 25,966.00 -34,236.00 74,667.00 43,216.00 17,142.00 30,610.00 36,944.00 21,774.00 10,248.00 12,493.00 17,666.00 12,292.00 5,310.00
   Net Purchase/Sale of Investments Net 36,257.00 7,478.00 7,258.00 -1,570.00 1,770.00 1,270.00 1,040.00 -560.00 1,240.00 1,180.00 0 -1,622.00 1,610.00 1,236.00 1,236.00 0 0 0 0
   Net Purchase/Sale of Business 128,594.00 124,093.00 68,412.00 -431,327.00 235,466.00 234,657.00 196,670.00 -57,594.00 53,404.00 53,404.00 53,047.00 -38,660.00 48,507.00 39,373.00 -3.00 99,492.00 105,543.00 11,742.00 10,716.00
   Other Investing Activities -492,812.00 -370,104.00 -195,756.00 931,018.00 -615,262.00 -568,526.00 -445,324.00 181,080.00 -248,436.00 -191,428.00 -139,134.00 63,887.00 -169,820.00 -121,648.00 -20,850.00 -203,098.00 -242,814.00 -45,008.00 -31,056.00
Financing Cash Flow -171,236.00 -199,786.00 -160,448.00 52,361.00 -124,141.00 -59,712.00 -29,267.00 190,918.00 -267,026.00 -155,898.00 -66,618.00 -95,318.00 -74,402.00 -38,674.00 2,479.00 253,404.00 -20,224.00 -90,332.00 -72,397.00
   Net Issuance/Repayment of Debt 343,037.00 6,015.00 5,993.00 -693,124.00 391,190.00 368,488.00 324,662.00 -821,929.00 786,980.00 606,966.00 225,016.00 -827,269.00 1,003,654.00 958,720.00 113,050.00 -133,471.00 329,207.00 158,765.00 110,000.00
   Net Issuance/Repurchase of Equity 250,619.00 223,943.00 183,569.00 9,157.00 84,351.00 22,266.00 622.00 4,541.00 17,181.00 13,594.00 7,186.00 -90,220.00 73,771.00 65,754.00 28,197.00 -7,378.00 54,480.00 9,496.00 3,190.00
   Dividends Paid 47,674.00 30,033.00 14,162.00 -16,111.00 30,322.00 19,634.00 8,921.00 -10,736.00 21,455.00 13,406.00 6,254.00 -9,007.00 14,712.00 9,699.00 4,673.00 -7,811.00 12,691.00 8,341.00 4,163.00
   Other Financing Activities -812,566.00 -459,777.00 -364,172.00 752,439.00 -630,004.00 -470,100.00 -363,472.00 1,019,042.00 -1,092,642.00 -789,864.00 -305,074.00 831,178.00 -1,166,539.00 -1,072,847.00 -143,441.00 402,064.00 -416,602.00 -266,934.00 -189,750.00
Net Change in Cash 310,584.00 -218,229.00 -345,181.00 244,445.00 210,433.00 -5,731.00 -104,358.00 73,388.00 80,409.00 2,793.00 -8,654.00 -81,117.00 12,363.00 10,353.00 56,839.00 -4,928.00 12,825.00 -1,237.00 -2,780.00
   Cash at Beginning of Period 549,939.00 549,939.00 549,939.00 305,494.00 205,150.00 205,150.00 205,150.00 131,762.00 57,214.00 57,214.00 57,214.00 138,331.00 58,776.00 58,776.00 58,776.00 63,704.00 0 0 54,896.00
   Cash at End of Period 860,523.00 331,710.00 204,758.00 549,939.00 415,583.00 199,419.00 100,792.00 205,150.00 137,623.00 60,007.00 48,560.00 57,214.00 71,139.00 69,129.00 115,615.00 58,776.00 0 0 52,116.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0