Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -8.28 -8.64 -2.61 -18.46
Price to Sales 2.40 4.53 2.30 11.61 34.13
Book Value Per Common Share 13.58 14.72 15.29 17.05 18.69
Price to Book 0.69 1.21 0.54 2.08 4.67
Price to Operating Cash Flow 79.46 6357.14 -14.32 -106.91 -498.40
Price to Free Cash Flow
Enterprise Value to EBITDA
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 2020-12-31
Price to Earnings -11.71 -13.32 -23.44 -8.32 -11.52 -40.53 -22.29 -35.84 -49.33 -7.70 -17.33 -32.19 -9.43 -20.91
Price to Sales 2.76 3.48 6.28 2.57 3.77 13.07 6.65 8.31 18.95 3.54 6.82 20.32 18.17 40.25
Book Value Per Common Share 6.43 13.04 13.23 13.58 13.84 14.18 14.53 14.72 14.81 15.29 15.08 15.29 15.87 16.42 16.24 17.05 8.81 8.97 18.69
Price to Book 1.33 0.54 0.48 0.69 0.55 0.52 0.89 1.21 1.29 1.03 1.18 0.54 0.58 0.71 1.07 2.08 4.59 6.64 4.67
Price to Operating Cash Flow 17.30 23.68 52.44 92.77 161.98 156.83 316.34 123.78 -251.20 -19.29 -46.76 -157.71 -152.55 -245.27
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 7.45 16.93 22.12 21.82
EBITDA YoY
Net Profit YoY
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 2020-12-31
Earning YoY
Revenue YoY 53.97 102.93 51.60 99.14 53.17 104.48 52.95 100.13 51.06 100.21
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 2.14 2.51 4.26 4.55 2.26
Quick Ratio 3.94 3.00 3.99 4.49 3.27
Current Ratio 4.21 3.14 4.18 4.74 2.78
Debt to Equity 0.50 0.56 0.99 1.13 0.15
Long-Term Debt to Equity 0.40 0.41 0.83 1.00 0.06
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 2020-12-31
Cash Per Common Share 2.35 2.22 2.14 2.08 2.25 2.29 2.45 2.43 3.35 3.14 4.36 4.17 4.40 4.01 5.35 4.44 5.58 14.10 2.26
Quick Ratio 1.37 1.40 1.42 3.94 3.72 3.89 3.63 3.00 3.68 3.61 5.05 3.99 4.19 3.91 5.09 4.49 6.50 16.25 3.27
Current Ratio 1.46 1.49 1.50 4.21 3.97 4.13 3.83 3.14 3.85 3.84 5.28 4.18 4.41 4.11 5.26 4.74 6.71 9.78 2.78
Debt to Equity 0.57 0.55 0.51 0.50 0.52 0.51 0.52 0.56 0.69 0.68 0.94 0.99 0.97 0.95 1.19 1.13 1.11 1.08 0.15
Long-Term Debt to Equity 0.22 0.22 0.20 0.40 0.40 0.40 0.40 0.41 0.55 0.54 0.81 0.83 0.82 0.80 1.04 1.00 1.00 0.98 0.06

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -10.89 -8.73 -10.06 -10.31 -7.86
ROE -16.37 -13.59 -19.97 -21.96 -9.03
Gross Margin 54.43 52.64 48.48 52.87 58.74
Operating Margin -28.09 -25.55 -42.70 -61.35 -36.39
EBITDA Margin -9.68 -6.70 -26.71 -53.22 -29.53
Net Profit Margin -29.07 -26.30 -44.09 -62.85 -32.98
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 2020-12-31
ROA -7.22 -5.24 -2.70 -8.51 -5.88 -2.88 -6.69 -3.34 -2.40 -7.56 -4.18 -3.01 -7.72 -5.10
ROE -11.33 -8.14 -4.09 -12.91 -8.88 -4.38 -11.33 -5.61 -4.66 -14.90 -8.12 -6.58 -16.26 -10.59
Gross Margin 55.44 53.86 53.16 54.79 54.96 54.85 51.75 51.78 51.25 46.97 46.13 47.34 53.60 54.19
Operating Margin -21.02 -23.57 -24.42 -30.31 -32.01 -31.83 -28.83 -21.92 -36.86 -44.44 -37.75 -61.15 -62.93 -62.91
EBITDA Margin -3.20 -5.41 -6.19 -11.65 -13.15 -13.19 -9.70 -2.65 -17.40 -30.16 -23.42 -47.27 -48.65 -48.80
Net Profit Margin -23.52 -26.16 -27.10 -31.05 -32.78 -32.52 -29.79 -23.04 -38.01 -45.99 -39.39 -62.77 -64.37 -64.15

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 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 1,451,359.00 1,525,191.00 1,896,113.00 2,159,020.00 1,219,951.00
   Current Assets 440,195.00 463,673.00 636,483.00 624,648.00 261,256.00
      Cash and Short-Term Investments 295,882.00 322,720.00 517,972.00 527,863.00 257,170.00
            Cash and Cash Equivalents 286,175.00 107,921.00 143,391.00 166,068.00 125,887.00
            Short-Term Investments 9,707.00 214,799.00 374,581.00 361,795.00 131,283.00
      Net Receivables 115,988.00 120,498.00 89,578.00 64,625.00 50,258.00
      Inventory 0 0 0 0 0
      Other Current Assets 28,325.00 20,455.00 28,933.00 32,160.00 -46,172.00
   Non-Current Assets 1,011,164.00 1,061,518.00 1,259,630.00 1,534,372.00 958,695.00
      Property, Plant, Equipment Net 309,030.00 294,420.00 294,318.00 264,492.00 170,198.00
      Goodwill 670,356.00 670,356.00 670,185.00 636,805.00 635,590.00
      Intangible Assets 42,876.00 62,475.00 82,900.00 102,596.00 121,742.00
      Long-Term Investments 0 6,088.00 165,105.00 528,911.00 20,448.00
      Non-Current Deferred Assets 5,158.00 4,934.00 2,811.00 7,821.00 0
      Other Non-Current Assets -16,256.00 23,245.00 44,311.00 -6,253.00 10,717.00
Liabilities 486,109.00 545,703.00 940,955.00 1,145,067.00 158,086.00
   Current Liabilities 104,456.00 147,694.00 152,321.00 131,872.00 94,089.00
      Payables and Expenses 47,666.00 67,429.00 65,947.00 45,369.00 43,484.00
            Account Payables 6,044.00 5,611.00 4,786.00 9,257.00 9,150.00
            Current Accrued Liabilities 41,622.00 61,818.00 61,161.00 36,112.00 34,334.00
      Short-Term Debt 27,483.00 39,726.00 51,980.00 41,396.00 30,928.00
      Other Current Liabilities 29,307.00 40,539.00 34,394.00 45,107.00 19,677.00
   Non-Current Liabilities 381,653.00 398,009.00 788,634.00 1,013,195.00 63,997.00
      Long-Term Debt 377,175.00 393,593.00 781,558.00 1,010,612.00 59,597.00
      Other Non-Current Liabilities 4,478.00 4,416.00 7,076.00 2,583.00 4,400.00
Equity 965,250.00 979,488.00 955,158.00 1,013,953.00 1,061,865.00
   Shareholders Equity 1,930,400.00 1,957,968.00 1,901,030.00 2,025,279.00 2,123,736.00
      Capital Stock 3.00 3.00 2.00 2.00 2.00
      Share Premium 1,958,157.00 1,815,245.00 1,666,106.00 1,527,468.00 1,350,050.00
      Retained Earnings -992,810.00 -834,752.00 -701,664.00 -510,890.00 -288,193.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -100.00 -1,008.00 -9,286.00 -2,627.00 6.00
   Minority Interest 0 0 0 0 0
Investments 9,707.00 441,774.00 1,079,372.00 1,781,412.00 131,283.00
Debt 404,658.00 433,319.00 833,538.00 1,052,008.00 90,525.00
Net Debt 108,776.00 110,599.00 315,566.00 524,145.00 0
Common Shares Outstanding 142,100.00 132,992.13 124,336.17 118,810.61 113,623.20
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 543,676.00 505,988.00 432,725.00 354,330.00 290,874.00
Cost Of Revenue 247,738.00 239,660.00 222,944.00 167,002.00 120,007.00
Gross Profit 295,938.00 266,328.00 209,781.00 187,328.00 170,867.00
Operating Expenses 463,853.00 464,356.00 455,980.00 406,349.00 278,079.00
   Selling, General and Administrative Expenses 312,009.00 307,850.00 300,672.00 279,490.00 203,265.00
   Research and Development Expenses 137,980.00 152,190.00 155,308.00 126,859.00 74,814.00
   Other Operating Expenses 13,864.00 4,316.00 0.00 0.00 0.00
Operating Income -167,915.00 -198,028.00 -246,199.00 -219,021.00 -107,212.00
Net Non-Operating Income 12,461.00 64,719.00 55,519.00 -3,607.00 -200.00
Interest Income 17,618.00 22,237.00 12,931.00 7,827.00 4,777.00
Interest Expense 2,747.00 4,051.00 5,887.00 5,245.00 1,549.00
Net Interest 14,871.00 18,186.00 7,044.00 2,582.00 3,228.00
EBT -155,454.00 -133,309.00 -190,680.00 -222,628.00 -107,412.00
Income Tax 2,604.00 221.00 94.00 69.00 11,480.00
Net Income -158,058.00 -133,088.00 -190,774.00 -222,697.00 -95,932.00
EBIT -152,707.00 -129,258.00 -184,793.00 -217,383.00 -105,863.00
Deprecation and Amortization 100,083.00 95,350.00 69,196.00 28,799.00 19,979.00
EBITDA -52,624.00 -33,908.00 -115,597.00 -188,584.00 -85,884.00
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 138,099.00 128,770.00 121,723.00 116,053.00 0
Average Shares Outstanding Diluted 138,099.00 128,770.00 121,723.00 116,053.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 16,406.00 362.00 -69,632.00 -38,482.00 -19,916.00
   Operating Net Income -158,058.00 -133,088.00 -190,774.00 -222,697.00 -95,932.00
   Deprecation and Amortization 100,083.00 95,350.00 69,196.00 28,799.00 19,979.00
   Deferred Income Tax 1,793.00 -900.00 0 0 0
   Share Based Compensation 107,930.00 136,303.00 145,796.00 140,488.00 64,433.00
   Change in Working Capital 10,075.00 46,963.00 79,906.00 42,934.00 53,884.00
   Other Operating Activities -45,417.00 -144,266.00 -173,756.00 -28,006.00 -62,280.00
Investing Cash Flow 178,900.00 294,940.00 235,751.00 -794,511.00 -275,023.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 36,448.00 32,317.00 40,613.00 50,975.00 38,086.00
   Net Purchase/Sale of Investments Net 371,189.00 459,392.00 1,052,437.00 1,112,767.00 501,019.00
   Net Purchase/Sale of Business 0 0 25,902.00 1,169.00 200,988.00
   Other Investing Activities -228,737.00 -196,769.00 -883,201.00 -1,959,422.00 -1,015,116.00
Financing Cash Flow -17,099.00 -331,380.00 -189,149.00 936,551.00 272,739.00
   Net Issuance/Repayment of Debt 14,958.00 27,175.00 199,614.00 944,343.00 26,073.00
   Net Issuance/Repurchase of Equity 7,359.00 10,728.00 10,465.00 20,695.00 299,487.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -39,416.00 -369,283.00 -399,228.00 -28,487.00 -52,821.00
Net Change in Cash 178,104.00 -35,470.00 -23,420.00 103,081.00 -22,349.00
   Cash at Beginning of Period 108,071.00 143,541.00 166,961.00 63,880.00 86,229.00
   Cash at End of Period 286,175.00 108,071.00 143,541.00 166,961.00 63,880.00
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 1,470,602.00 1,463,177.00 1,449,245.00 1,451,359.00 1,471,754.00 1,482,672.00 1,505,923.00 1,525,191.00 1,640,663.00 1,657,418.00 1,862,410.00 1,896,113.00 1,906,598.00 1,932,795.00 2,134,423.00 2,159,020.00 2,138,934.00 2,136,871.00 2,138,294.00 1,219,951.00
   Current Assets 479,784.00 464,663.00 452,570.00 440,195.00 453,058.00 450,955.00 460,210.00 463,673.00 551,458.00 505,142.00 661,640.00 636,483.00 637,180.00 579,670.00 737,077.00 624,648.00 719,885.00 1,008,104.00 1,167,434.00 261,256.00
      Cash and Short-Term Investments 342,911.00 321,208.00 307,292.00 295,882.00 308,247.00 311,765.00 329,486.00 322,720.00 428,355.00 397,347.00 546,579.00 517,972.00 532,945.00 482,415.00 639,744.00 527,863.00 643,421.00 1,617,803.00 2,045,446.00 257,170.00
            Cash and Cash Equivalents 113,131.00 82,487.00 125,484.00 286,175.00 217,514.00 147,196.00 150,809.00 107,921.00 270,300.00 273,742.00 348,463.00 143,391.00 87,897.00 62,510.00 245,794.00 166,068.00 282,131.00 1,376,059.00 1,897,653.00 125,887.00
            Short-Term Investments 229,780.00 238,721.00 181,808.00 9,707.00 90,733.00 164,569.00 178,677.00 214,799.00 158,055.00 123,605.00 198,116.00 374,581.00 445,048.00 419,905.00 393,950.00 361,795.00 361,290.00 241,744.00 147,793.00 131,283.00
      Net Receivables 109,184.00 117,318.00 119,035.00 115,988.00 116,800.00 113,878.00 107,517.00 120,498.00 98,622.00 78,295.00 85,344.00 89,578.00 72,914.00 68,218.00 73,717.00 64,625.00 54,234.00 56,065.00 52,363.00 50,258.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 27,689.00 26,137.00 26,243.00 28,325.00 28,011.00 25,312.00 23,207.00 20,455.00 24,481.00 29,500.00 29,717.00 28,933.00 31,321.00 29,037.00 23,616.00 32,160.00 22,230.00 -665,764.00 -930,375.00 -46,172.00
   Non-Current Assets 990,818.00 998,514.00 996,675.00 1,011,164.00 1,018,696.00 1,031,717.00 1,045,713.00 1,061,518.00 1,089,205.00 1,152,276.00 1,200,770.00 1,259,630.00 1,269,418.00 1,353,125.00 1,397,346.00 1,534,372.00 1,419,049.00 1,128,767.00 970,860.00 958,695.00
      Property, Plant, Equipment Net 318,046.00 316,871.00 306,978.00 309,030.00 304,288.00 301,109.00 300,194.00 294,420.00 282,541.00 235,778.00 240,537.00 294,318.00 293,254.00 278,811.00 269,605.00 264,492.00 390,007.00 310,972.00 275,221.00 170,198.00
      Goodwill 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,356.00 670,192.00 670,185.00 670,158.00 670,186.00 637,570.00 636,805.00 635,635.00 635,646.00 635,645.00 635,590.00
      Intangible Assets 28,055.00 32,814.00 37,976.00 42,876.00 47,776.00 52,676.00 57,576.00 62,475.00 67,375.00 72,550.00 77,725.00 82,900.00 88,482.00 93,978.00 97,287.00 102,596.00 107,905.00 113,215.00 116,379.00 121,742.00
      Long-Term Investments 0 0 0 0 0 0 1,743.00 6,088.00 32,280.00 78,042.00 117,518.00 165,105.00 186,066.00 284,951.00 394,464.00 528,911.00 429,489.00 173,227.00 29,930.00 20,448.00
      Non-Current Deferred Assets 0 0 0 5,158.00 0 0 0 4,934.00 0 0 0 2,811.00 0 0 0 7,821.00 0 0 0 0
      Other Non-Current Assets -25,639.00 -21,527.00 -18,635.00 -16,256.00 -3,724.00 7,576.00 15,844.00 23,245.00 36,653.00 95,550.00 94,798.00 44,311.00 31,458.00 25,199.00 -1,580.00 -6,253.00 -143,987.00 -104,293.00 -86,315.00 10,717.00
Liabilities 533,637.00 520,530.00 492,222.00 486,109.00 502,300.00 501,485.00 514,117.00 545,703.00 672,091.00 669,664.00 903,855.00 940,955.00 939,619.00 939,057.00 1,157,700.00 1,145,067.00 1,123,355.00 1,107,781.00 1,093,260.00 158,086.00
   Current Liabilities 328,915.00 312,803.00 300,885.00 104,456.00 114,208.00 109,302.00 120,227.00 147,694.00 143,335.00 131,604.00 125,200.00 152,321.00 144,599.00 140,990.00 140,173.00 131,872.00 107,269.00 103,032.00 98,296.00 94,089.00
      Payables and Expenses 71,250.00 58,626.00 46,967.00 47,666.00 52,208.00 39,977.00 41,040.00 67,429.00 62,318.00 52,562.00 46,979.00 65,947.00 62,451.00 59,954.00 58,150.00 45,369.00 43,829.00 38,811.00 48,339.00 43,484.00
            Account Payables 10,829.00 13,344.00 9,802.00 6,044.00 11,354.00 5,532.00 5,485.00 5,611.00 5,723.00 5,561.00 4,668.00 4,786.00 8,265.00 10,011.00 8,248.00 9,257.00 7,766.00 10,202.00 12,019.00 9,150.00
            Current Accrued Liabilities 60,421.00 45,282.00 37,165.00 41,622.00 40,854.00 34,445.00 35,555.00 61,818.00 56,595.00 47,001.00 42,311.00 61,161.00 54,186.00 49,943.00 49,902.00 36,112.00 36,063.00 28,609.00 36,320.00 34,334.00
      Short-Term Debt 400,140.00 399,856.00 404,070.00 27,483.00 28,739.00 33,577.00 34,554.00 39,726.00 40,783.00 42,808.00 45,279.00 51,980.00 48,726.00 47,331.00 45,454.00 41,396.00 38,682.00 34,486.00 30,921.00 30,928.00
      Other Current Liabilities -142,475.00 -145,679.00 -150,152.00 29,307.00 33,261.00 35,748.00 44,633.00 40,539.00 40,234.00 36,234.00 32,942.00 34,394.00 33,422.00 33,705.00 36,569.00 45,107.00 24,758.00 29,735.00 19,036.00 19,677.00
   Non-Current Liabilities 204,722.00 207,727.00 191,337.00 381,653.00 388,092.00 392,183.00 393,890.00 398,009.00 528,756.00 538,060.00 778,655.00 788,634.00 795,020.00 798,067.00 1,017,527.00 1,013,195.00 1,016,086.00 1,004,749.00 994,964.00 63,997.00
      Long-Term Debt 196,999.00 198,460.00 186,489.00 377,175.00 385,063.00 388,801.00 391,134.00 393,593.00 524,458.00 530,843.00 772,511.00 781,558.00 787,819.00 790,511.00 1,015,322.00 1,010,612.00 1,011,030.00 998,247.00 991,444.00 59,597.00
      Other Non-Current Liabilities 7,723.00 9,267.00 4,848.00 4,478.00 3,029.00 3,382.00 2,756.00 4,416.00 4,298.00 7,217.00 6,144.00 7,076.00 7,201.00 7,556.00 2,205.00 2,583.00 5,056.00 6,502.00 3,520.00 4,400.00
Equity 936,965.00 942,647.00 957,023.00 965,250.00 969,454.00 981,187.00 991,806.00 979,488.00 968,572.00 987,754.00 958,555.00 955,158.00 966,979.00 993,738.00 976,723.00 1,013,953.00 1,015,579.00 1,029,090.00 1,045,034.00 1,061,865.00
   Shareholders Equity 936,965.00 1,885,125.00 1,913,916.00 1,930,400.00 1,938,886.00 1,962,092.00 1,983,091.00 1,957,968.00 1,935,210.00 1,972,356.00 1,911,516.00 1,901,030.00 1,921,280.00 1,974,934.00 1,943,950.00 2,025,279.00 1,015,579.00 1,029,090.00 1,045,034.00 2,123,736.00
      Capital Stock 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00
      Share Premium 2,035,956.00 2,012,312.00 1,989,108.00 1,958,157.00 1,929,397.00 1,903,374.00 1,870,503.00 1,815,245.00 1,781,870.00 1,747,959.00 1,710,498.00 1,666,106.00 1,634,666.00 1,597,869.00 1,561,371.00 1,527,468.00 1,469,366.00 1,426,520.00 1,384,045.00 1,350,050.00
      Retained Earnings -1,098,982.00 -1,069,499.00 -1,031,958.00 -992,810.00 -959,924.00 -921,908.00 -878,179.00 -834,752.00 -811,366.00 -757,055.00 -746,351.00 -701,664.00 -655,011.00 -591,591.00 -575,154.00 -510,890.00 -453,369.00 -397,171.00 -338,876.00 -288,193.00
      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 -12.00 -169.00 -130.00 -100.00 -22.00 -282.00 -521.00 -1,008.00 -1,934.00 -3,152.00 -5,594.00 -9,286.00 -12,678.00 -12,542.00 -9,496.00 -2,627.00 -420.00 -261.00 -137.00 6.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 229,780.00 238,721.00 181,808.00 9,707.00 90,733.00 164,569.00 360,840.00 441,774.00 380,670.00 403,294.00 631,268.00 1,079,372.00 1,262,228.00 1,409,712.00 1,576,828.00 1,781,412.00 1,581,558.00 829,942.00 147,793.00 131,283.00
Debt 597,139.00 598,316.00 590,559.00 404,658.00 413,802.00 422,378.00 425,688.00 433,319.00 565,241.00 573,651.00 817,790.00 833,538.00 836,545.00 837,842.00 1,060,776.00 1,052,008.00 1,049,712.00 1,032,733.00 1,022,365.00 90,525.00
Net Debt 254,228.00 277,108.00 283,267.00 108,776.00 105,555.00 110,613.00 96,202.00 110,599.00 136,886.00 176,304.00 271,211.00 315,566.00 303,600.00 355,427.00 421,032.00 524,145.00 406,291.00 0 0 0
Common Shares Outstanding 0 0 144,700.00 142,100.00 140,100.00 138,400.00 136,500.00 132,992.13 130,700.00 129,000.00 126,800.00 124,336.17 0 0 0 118,810.61 0 0 0 113,623.20
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 451,406.00 293,183.00 144,474.00 -258,832.00 403,097.00 265,891.00 133,520.00 -220,182.00 368,211.00 240,395.00 117,564.00 -187,961.00 313,404.00 204,900.00 102,382.00 -157,013.00 256,613.00 169,878.00 84,852.00
Cost Of Revenue 201,163.00 135,269.00 67,676.00 -114,526.00 182,222.00 119,756.00 60,286.00 -111,234.00 177,657.00 115,927.00 57,310.00 -107,558.00 166,206.00 110,381.00 53,915.00 -67,364.00 119,058.00 77,814.00 37,494.00
Gross Profit 250,243.00 157,914.00 76,798.00 -144,306.00 220,875.00 146,135.00 73,234.00 -108,948.00 190,554.00 124,468.00 60,254.00 -80,403.00 147,198.00 94,519.00 48,467.00 -89,649.00 137,555.00 92,064.00 47,358.00
Operating Expenses 354,153.00 233,036.00 114,977.00 -249,229.00 354,459.00 239,129.00 119,494.00 -210,741.00 345,998.00 221,570.00 107,529.00 -226,917.00 344,935.00 226,491.00 111,471.00 -190,387.00 299,920.00 199,495.00 97,321.00
   Selling, General and Administrative Expenses 232,667.00 152,971.00 77,548.00 -167,680.00 235,805.00 162,638.00 81,246.00 -136,728.00 227,762.00 146,718.00 70,098.00 -144,523.00 226,824.00 147,337.00 71,034.00 -137,062.00 208,058.00 140,161.00 68,333.00
   Research and Development Expenses 121,071.00 79,650.00 37,429.00 -78,860.00 105,238.00 73,354.00 38,248.00 -74,013.00 113,920.00 74,852.00 37,431.00 -82,394.00 118,111.00 79,154.00 40,437.00 -53,325.00 91,862.00 59,334.00 28,988.00
   Other Operating Expenses 415.00 415.00 0.00 -2,689.00 13,416.00 3,137.00 0.00 0.00 4,316.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -103,910.00 -75,122.00 -38,179.00 104,923.00 -133,584.00 -92,994.00 -46,260.00 101,793.00 -155,444.00 -97,102.00 -47,275.00 146,514.00 -197,737.00 -131,972.00 -63,004.00 100,738.00 -162,365.00 -107,431.00 -49,963.00
Net Non-Operating Income -455.00 -319.00 -278.00 -7,440.00 9,875.00 6,846.00 3,180.00 -25,946.00 45,986.00 41,956.00 2,723.00 -48,664.00 53,933.00 51,470.00 -1,220.00 1,244.00 -2,767.00 -1,533.00 -551.00
Interest Income 18,637.00 12,396.00 6,148.00 -8,757.00 13,120.00 8,828.00 4,427.00 -11,210.00 16,909.00 11,139.00 5,399.00 -3,390.00 8,683.00 5,335.00 2,303.00 63.00 4,382.00 2,547.00 835.00
Interest Expense 9,498.00 6,337.00 3,173.00 -391.00 1,516.00 1,043.00 579.00 -2,914.00 3,307.00 2,445.00 1,213.00 -3,420.00 4,533.00 3,152.00 1,622.00 -1,165.00 3,652.00 2,097.00 661.00
Net Interest 9,139.00 6,059.00 2,975.00 -8,366.00 11,604.00 7,785.00 3,848.00 -8,296.00 13,602.00 8,694.00 4,186.00 30.00 4,150.00 2,183.00 681.00 1,228.00 730.00 450.00 174.00
EBT -104,365.00 -75,441.00 -38,457.00 97,483.00 -123,709.00 -86,148.00 -43,080.00 75,847.00 -109,458.00 -55,146.00 -44,552.00 97,850.00 -143,804.00 -80,502.00 -64,224.00 101,982.00 -165,132.00 -108,964.00 -50,514.00
Income Tax 1,807.00 1,248.00 691.00 -214.00 1,463.00 1,008.00 347.00 -403.00 244.00 245.00 135.00 -462.00 317.00 199.00 40.00 -158.00 44.00 14.00 169.00
Net Income -106,172.00 -76,689.00 -39,148.00 97,697.00 -125,172.00 -87,156.00 -43,427.00 76,692.00 -109,702.00 -55,391.00 -44,687.00 98,312.00 -144,121.00 -80,701.00 -64,264.00 102,140.00 -165,176.00 -108,978.00 -50,683.00
EBIT -94,867.00 -69,104.00 -35,284.00 97,092.00 -122,193.00 -85,105.00 -42,501.00 72,933.00 -106,151.00 -52,701.00 -43,339.00 94,430.00 -139,271.00 -77,350.00 -62,602.00 100,817.00 -161,480.00 -106,867.00 -49,853.00
Deprecation and Amortization 80,417.00 53,238.00 26,348.00 -50,194.00 75,235.00 50,152.00 24,890.00 -44,280.00 70,423.00 46,326.00 22,881.00 -19,099.00 44,740.00 29,353.00 14,202.00 -43,588.00 36,639.00 23,966.00 11,782.00
EBITDA -14,450.00 -15,866.00 -8,936.00 46,898.00 -46,958.00 -34,953.00 -17,611.00 28,653.00 -35,728.00 -6,375.00 -20,458.00 75,331.00 -94,531.00 -47,997.00 -48,400.00 57,229.00 -124,841.00 -82,901.00 -38,071.00
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
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
Average Shares Outstanding Basic 145,749.00 144,539.00 143,284.00 144,697.00 137,097.00 136,015.00 134,587.00 135,279.00 127,735.00 126,648.00 125,418.00 125,830.00 121,094.00 120,295.00 119,673.00 234,159.00 115,320.00 114,733.00 0
Average Shares Outstanding Diluted 145,749.00 144,539.00 143,284.00 144,697.00 137,097.00 136,015.00 134,587.00 135,279.00 127,735.00 126,648.00 125,418.00 125,830.00 121,094.00 120,295.00 119,673.00 234,159.00 115,320.00 114,733.00 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
Operating Cash Flow 72,010.00 43,086.00 17,288.00 -12,096.00 11,186.00 6,184.00 11,132.00 -14,645.00 7,739.00 16,129.00 -8,861.00 30,932.00 -57,504.00 -29,870.00 -13,190.00 30,844.00 -30,574.00 -27,883.00 -10,869.00
   Operating Net Income -106,172.00 -76,689.00 -39,148.00 97,697.00 -125,172.00 -87,156.00 -43,427.00 76,692.00 -109,702.00 -55,391.00 -44,687.00 98,312.00 -144,121.00 -80,701.00 -64,264.00 102,140.00 -165,176.00 -108,978.00 -50,683.00
   Deprecation and Amortization 80,417.00 53,238.00 26,348.00 -50,194.00 75,235.00 50,152.00 24,890.00 -44,280.00 70,423.00 46,326.00 22,881.00 -19,099.00 44,740.00 29,353.00 14,202.00 -43,588.00 36,639.00 23,966.00 11,782.00
   Deferred Income Tax 1,038.00 749.00 422.00 104.00 900.00 561.00 228.00 -900.00 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 85,046.00 51,917.00 25,582.00 -64,845.00 82,985.00 57,969.00 31,821.00 -57,847.00 100,856.00 65,143.00 28,151.00 -83,604.00 114,378.00 75,000.00 40,022.00 -55,514.00 100,900.00 64,264.00 30,838.00
   Change in Working Capital 30,208.00 31,250.00 12,247.00 17,961.00 9,281.00 -3,661.00 -13,506.00 28,243.00 23,479.00 1,987.00 -6,746.00 1,094.00 37,983.00 21,360.00 19,469.00 -10,899.00 23,755.00 21,326.00 8,752.00
   Other Operating Activities -18,527.00 -17,379.00 -8,163.00 -12,819.00 -32,043.00 -11,681.00 11,126.00 -16,553.00 -77,317.00 -41,936.00 -8,460.00 34,229.00 -110,484.00 -74,882.00 -22,619.00 38,705.00 -26,692.00 -28,461.00 -11,558.00
Investing Cash Flow -249,183.00 -248,839.00 -178,885.00 -4,450.00 107,991.00 41,675.00 33,684.00 -581,283.00 332,185.00 324,508.00 219,530.00 -116,723.00 163,156.00 101,635.00 87,683.00 204,639.00 -683,847.00 -279,904.00 -35,399.00
   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 32,559.00 21,806.00 7,368.00 -14,940.00 25,877.00 17,063.00 8,448.00 -17,563.00 23,722.00 18,433.00 7,725.00 -11,044.00 25,668.00 19,792.00 6,197.00 -17,828.00 43,949.00 15,786.00 9,068.00
   Net Purchase/Sale of Investments Net 135,350.00 45,805.00 7,969.00 -194,277.00 289,709.00 176,677.00 99,080.00 -539,588.00 428,900.00 342,869.00 227,211.00 -322,734.00 602,590.00 529,733.00 242,848.00 867,928.00 137,089.00 69,750.00 38,000.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 -28,617.00 27,745.00 25,999.00 775.00 1,169.00 0 0 0
   Other Investing Activities -417,092.00 -316,450.00 -194,222.00 204,767.00 -207,595.00 -152,065.00 -73,844.00 -24,132.00 -120,437.00 -36,794.00 -15,406.00 245,672.00 -492,847.00 -473,889.00 -162,137.00 -646,630.00 -864,885.00 -365,440.00 -82,467.00
Financing Cash Flow 3,907.00 1,810.00 828.00 3,236.00 -9,782.00 -8,673.00 -1,880.00 98,757.00 -213,553.00 -210,871.00 -5,713.00 165,283.00 -184,137.00 -175,747.00 5,452.00 -1,862,674.00 933,948.00 933,014.00 932,263.00
   Net Issuance/Repayment of Debt 2,328.00 2,248.00 1,711.00 -11,426.00 12,404.00 9,108.00 4,872.00 -17,915.00 21,243.00 15,202.00 8,645.00 163,321.00 18,105.00 11,029.00 7,159.00 -1,868,076.00 941,339.00 937,354.00 933,726.00
   Net Issuance/Repurchase of Equity 6,235.00 4,058.00 2,539.00 -6,232.00 6,393.00 4,206.00 2,992.00 -6,879.00 9,017.00 5,658.00 2,932.00 -14,785.00 11,050.00 8,746.00 5,454.00 -10,352.00 15,088.00 10,169.00 5,790.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -4,656.00 -4,496.00 -3,422.00 20,894.00 -28,579.00 -21,987.00 -9,744.00 123,551.00 -243,813.00 -231,731.00 -17,290.00 16,747.00 -213,292.00 -195,522.00 -7,161.00 15,754.00 -22,479.00 -14,509.00 -7,253.00
Net Change in Cash -173,044.00 -203,688.00 -160,691.00 -13,352.00 109,443.00 39,125.00 42,888.00 -497,802.00 126,909.00 130,351.00 205,072.00 80,069.00 -78,914.00 -104,301.00 79,726.00 -1,627,032.00 219,144.00 625,086.00 885,883.00
   Cash at Beginning of Period 286,175.00 286,175.00 286,175.00 299,527.00 108,071.00 108,071.00 108,071.00 605,873.00 143,541.00 143,541.00 143,541.00 63,472.00 166,961.00 166,961.00 166,961.00 1,793,993.00 63,880.00 63,880.00 63,880.00
   Cash at End of Period 113,131.00 82,487.00 125,484.00 286,175.00 217,514.00 147,196.00 150,959.00 108,071.00 270,450.00 273,892.00 348,613.00 143,541.00 88,047.00 62,660.00 246,687.00 166,961.00 283,024.00 688,966.00 949,763.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0