Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -1.43 -2.44 -2.46 -23.25
Price to Sales 0.09 0.17 0.16 0.88 2.82
Book Value Per Common Share 2.21 2.67 3.55 4.78 4.29
Price to Book 0.69 1.34 1.20 4.28 8.40
Price to Operating Cash Flow -6.61 -5.52 -10.33 -24.96 -410.48
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 -3.53 -3.44 -3.68 -3.32 -4.65 -6.42 -4.21 -11.33 -11.81 -4.82 -10.89 -28.92 -41.72 -81.98
Price to Sales 0.15 0.15 0.22 0.21 0.21 0.54 0.24 0.64 0.88 0.26 0.58 1.94 1.59 3.37 10.31
Book Value Per Common Share 1.35 1.45 1.57 2.16 2.53 2.49 2.67 3.07 3.20 3.27 3.55 4.02 4.27 4.87 4.78 3.36 3.50 4.05 4.29
Price to Book 1.33 0.86 0.56 1.20 0.68 0.80 1.34 1.33 2.23 1.30 1.20 1.32 1.84 2.20 4.28 7.94 9.37 9.04 8.40
Price to Operating Cash Flow -5.60 -2.71 -3.60 -11.73 -8.29 -40.28 -10.54 -24.15 -43.32 -13.15 345.37 106.47 -56.69 -167.47 -521.79
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 -2.91 -16.40 25.05 86.80
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 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
Revenue YoY 53.74 130.37 52.43 126.53 52.65 129.08 50.98 142.29 75.43 169.57
EBITDA YoY
Net Profit YoY 27.50

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.37 0.46 0.52 2.66 2.14
Quick Ratio 0.75 0.67 0.92 1.99 6.28
Current Ratio 1.29 1.42 1.51 2.73 6.58
Debt to Equity 0.69 0.43 0.29 0.31 0.19
Long-Term Debt to Equity 0.25 0.14 0.09 0.05 0.02
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 0.37 0.20 0.35 0.68 0.55 0.31 0.36 0.42 0.57 0.42 0.48 0.91 1.21 1.87 2.26 0.88 1.19 1.85 2.14
Quick Ratio 0.79 0.50 0.55 0.91 0.84 0.50 0.67 0.72 0.78 0.72 0.92 0.91 1.39 1.72 1.99 0.62 0.84 4.03 6.28
Current Ratio 1.41 1.20 1.18 1.55 1.52 1.25 1.42 1.43 1.43 1.29 1.51 1.59 2.75 3.03 2.73 1.23 1.33 4.19 6.58
Debt to Equity 0.92 0.98 0.87 0.72 0.51 0.51 0.43 0.41 0.44 0.33 0.29 0.38 0.33 0.29 0.31 0.59 0.55 0.32 0.19
Long-Term Debt to Equity 0.30 0.28 0.27 0.24 0.09 0.16 0.14 0.14 0.14 0.09 0.09 0.08 0.08 0.05 0.05 0.07 0.08 0.08 0.02

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -28.62 -30.26 0.75 -11.90 -3.81
ROE -48.29 -43.42 0.97 -15.58 -4.52
Gross Margin 5.89
Operating Margin -6.58 -6.83 -6.70 -4.76 -0.72
EBITDA Margin -4.96 -5.11 -5.41 -3.93 -0.62
Net Profit Margin -6.44 -6.95 0.15 -3.78 -0.76
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 -16.33 -11.48 -6.97 -18.96 -9.00 -7.57 -19.72 -12.00 -7.26 5.37 4.15 -5.68 3.30 -6.86
ROE -31.34 -22.70 -13.00 -32.57 -13.59 -11.41 -27.85 -17.33 -9.64 7.43 5.50 -7.36 5.24 -10.64
Gross Margin 6.40
Operating Margin -3.95 -4.10 -5.88 -6.16 -4.38 -8.23 -5.66 -5.60 -7.34 -5.31 -5.26 -6.63 -4.98 -6.05 -6.84
EBITDA Margin -2.62 -2.75 -4.33 -4.50 -2.63 -6.13 -4.01 -3.99 -5.59 -4.16 -4.16 -5.45 -4.22 -5.42 -6.63
Net Profit Margin -4.12 -4.31 -6.06 -6.30 -4.52 -8.41 -5.73 -5.66 -7.35 1.55 1.83 -6.66 1.11 -4.10

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 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 75,397.00 79,258.00 80,187.00 104,930.00 35,224.98
   Current Assets 24,956.00 23,194.00 18,816.00 57,450.00 32,856.45
      Cash and Short-Term Investments 7,390.00 7,540.00 8,380.00 37,921.00 29,561.63
            Cash and Cash Equivalents 7,390.00 7,540.00 8,380.00 37,921.00 29,561.63
            Short-Term Investments 0 0 0 0 0
      Net Receivables 7,147.00 3,352.00 3,074.00 3,981.00 1,760.44
      Inventory 0 0 0 0 0
      Other Current Assets 10,419.00 12,302.00 7,362.00 15,548.00 1,534.38
   Non-Current Assets 50,441.00 56,064.00 61,371.00 47,480.00 2,368.53
      Property, Plant, Equipment Net 5,635.00 6,490.00 8,453.00 5,603.00 811.02
      Goodwill 21,498.00 25,607.00 57,514.00 20,541.00 799.06
      Intangible Assets 20,234.00 23,909.00 27,259.00 24,243.00 922.15
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 3,074.00 58.00 -31,855.00 -2,907.00 -163.70
Liabilities 30,716.00 24,024.00 18,166.00 24,780.00 5,574.23
   Current Liabilities 19,381.00 16,352.00 12,499.00 21,072.00 4,989.85
      Payables and Expenses 9,199.00 6,077.00 6,746.00 9,704.00 3,660.09
            Account Payables 4,305.00 3,396.00 3,343.00 5,303.00 2,596.21
            Current Accrued Liabilities 4,894.00 2,681.00 3,403.00 4,401.00 1,063.89
      Short-Term Debt 19,071.00 18,991.00 8,253.00 16,409.00 652.75
      Other Current Liabilities -8,889.00 -8,716.00 -2,500.00 -5,041.00 677.01
   Non-Current Liabilities 11,335.00 7,672.00 5,667.00 3,708.00 584.38
      Long-Term Debt 3,522.00 3,824.00 5,241.00 3,562.00 867.33
      Other Non-Current Liabilities 7,813.00 3,848.00 426.00 146.00 -282.95
Equity 44,681.00 55,234.00 62,021.00 80,150.00 29,650.74
   Shareholders Equity 44,681.00 55,234.00 62,021.00 80,150.00 59,341.49
      Capital Stock 0 0 0 0 0
      Share Premium 137,844.00 126,820.00 109,626.00 100,159.00 37,168.90
      Retained Earnings -93,163.00 -71,586.00 -47,605.00 -19,979.00 -7,488.15
      Treasury Shares 0 0 0 30.00 30.00
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 0 0 0 0 0
Debt 22,593.00 22,815.00 13,494.00 19,971.00 1,520.08
Net Debt 15,203.00 15,275.00 5,114.00 0 0
Common Shares Outstanding 0 20,671.51 17,468.56 16,751.61 13,830.35
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 335,184.00 345,226.00 412,964.00 330,230.00 176,784.06
Cost Of Revenue 0 0 0 0 166,365.74
Gross Profit 0 0 0 0 10,418.32
Operating Expenses 0 368,479.00 439,741.00 346,335.00 11,693.35
   Selling, General and Administrative Expenses 951,639.40 350,193.00 420,681.00 335,137.00 11,693.35
   Research and Development Expenses 6,636.30 7,609.00 7,715.00 3,911.00 0
   Other Operating Expenses 0 10,677.00 11,345.00 7,287.00 0.00
Operating Income -23,463.00 -23,253.00 -26,777.00 -16,105.00 -1,275.02
Net Non-Operating Income 864.00 -580.00 -903.00 367.00 -74.03
Interest Expense 537.00 245.00 0.00 7.00 84.03
Net Interest -537.00 -245.00 11.00 0 0
EBT -22,599.00 -23,833.00 -27,680.00 -15,738.00 -1,349.06
Income Tax 1,022.00 148.00 54.00 3,247.00 8.47
Net Income Including Non-Controlling Interests 0 0 -47,852.00 0 0
Net Income Non-Controlling Interests 0 0 48,452.00 0 0
Net Income -21,577.00 -23,981.00 600.00 -12,491.00 -1,340.58
EBIT -22,062.00 -23,588.00 -27,680.00 -15,731.00 -1,265.02
Deprecation and Amortization 5,423.00 5,947.00 5,346.00 2,748.00 165.42
EBITDA -16,639.00 -17,641.00 -22,334.00 -12,983.00 -1,099.61
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 20,244.26 16,265.99 16,001.37 14,269.08 0
Average Shares Outstanding Diluted 20,244.26 16,265.99 16,001.37 14,269.08 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -4,688.00 -10,572.00 -6,583.00 -11,697.00 -1,214.25
   Operating Net Income -21,577.00 -23,981.00 -47,852.00 -12,491.00 -1,340.58
   Deprecation and Amortization 5,423.00 5,947.00 5,346.00 2,748.00 165.42
   Deferred Income Tax -1,107.00 84.00 297.00 -3,339.00 -45.98
   Share Based Compensation 8,839.00 12,994.00 9,131.00 4,011.00 728.44
   Change in Working Capital 238,224.00 152,668.00 241,893.00 182,843.00 2,867.72
   Other Operating Activities -234,490.00 -158,284.00 -215,398.00 -185,469.00 -3,589.26
Investing Cash Flow 3,302.00 -1,868.00 -7,096.00 -14,560.00 -909.75
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,243.00 1,833.00 4,057.00 3,479.00 488.20
   Net Purchase/Sale of Investments Net 130.00 0 0 0 0
   Net Purchase/Sale of Business 7,435.00 35.00 1,639.00 11,081.00 256.54
   Other Investing Activities -7,506.00 -3,736.00 -12,792.00 -29,120.00 -1,654.49
Financing Cash Flow 1,236.00 11,600.00 -15,862.00 34,616.00 31,106.22
   Net Issuance/Repayment of Debt 476,612.00 300,508.00 1,307.00 3,487.00 470.68
   Net Issuance/Repurchase of Equity 0 4,900.00 6,045.00 67,580.00 65,513.01
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -475,376.00 -293,808.00 -23,214.00 -36,451.00 -34,877.47
Net Change in Cash -150.00 -840.00 -29,541.00 8,360.00 28,982.22
   Cash at Beginning of Period 7,540.00 8,380.00 37,921.00 29,561.00 579.42
   Cash at End of Period 7,390.00 7,540.00 8,380.00 37,921.00 29,561.63
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 83,237.00 80,446.00 81,017.00 75,397.00 80,929.00 80,220.00 78,248.00 79,258.00 78,797.00 83,684.00 78,569.00 80,187.00 94,993.00 96,440.00 105,555.00 104,930.00 78,732.00 80,000.84 37,363.47 35,224.98
   Current Assets 37,499.00 33,946.00 30,774.00 24,956.00 35,005.00 33,924.00 22,290.00 23,194.00 21,642.00 24,841.00 18,296.00 18,816.00 32,822.00 48,832.00 61,216.00 57,450.00 31,826.00 32,557.95 28,610.49 32,856.45
      Cash and Short-Term Investments 9,917.00 5,121.00 8,171.00 7,390.00 13,426.00 10,780.00 5,962.00 7,540.00 6,762.00 9,171.00 6,801.00 8,380.00 14,682.00 19,610.00 30,602.00 37,921.00 12,323.00 16,360.91 25,910.57 29,561.63
            Cash and Cash Equivalents 9,917.00 5,121.00 8,171.00 7,390.00 13,426.00 10,780.00 5,962.00 7,540.00 6,762.00 9,171.00 6,801.00 8,380.00 14,682.00 19,610.00 30,602.00 37,921.00 12,323.00 16,360.91 25,910.57 29,561.63
            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 11,130.00 9,076.00 6,133.00 7,147.00 7,210.00 7,919.00 2,996.00 3,352.00 4,124.00 4,326.00 3,410.00 3,074.00 4,232.00 5,020.00 4,155.00 3,981.00 3,635.00 4,099.38 1,629.03 1,760.44
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 16,452.00 19,749.00 16,470.00 10,419.00 14,369.00 15,225.00 13,332.00 12,302.00 10,756.00 11,344.00 8,085.00 7,362.00 13,908.00 24,202.00 26,459.00 15,548.00 15,868.00 12,097.66 1,070.89 1,534.38
   Non-Current Assets 45,738.00 46,500.00 50,243.00 50,441.00 45,924.00 46,296.00 55,958.00 56,064.00 57,155.00 58,843.00 60,273.00 61,371.00 62,171.00 47,608.00 44,339.00 47,480.00 46,906.00 47,442.89 8,752.98 2,368.53
      Property, Plant, Equipment Net 5,928.00 6,017.00 6,153.00 5,635.00 5,962.00 6,485.00 7,221.00 6,490.00 6,852.00 7,639.00 8,003.00 8,453.00 8,700.00 8,693.00 6,199.00 5,603.00 5,511.00 5,698.27 2,761.83 811.02
      Goodwill 21,498.00 21,498.00 21,498.00 21,498.00 19,344.00 19,344.00 25,607.00 25,607.00 25,607.00 25,607.00 25,607.00 57,514.00 57,244.00 56,271.00 55,724.00 20,541.00 20,342.00 20,447.29 1,008.27 799.06
      Intangible Assets 18,213.00 18,906.00 19,561.00 20,234.00 17,537.00 17,419.00 23,080.00 23,909.00 24,637.00 25,539.00 26,608.00 27,259.00 27,947.00 28,429.00 27,678.00 24,243.00 23,958.00 22,731.29 4,925.70 922.15
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 99.00 79.00 3,031.00 3,074.00 3,081.00 3,048.00 50.00 58.00 59.00 58.00 55.00 -31,855.00 -31,720.00 -45,785.00 -45,262.00 -2,907.00 -2,905.00 -1,433.96 57.19 -163.70
Liabilities 39,856.00 39,746.00 37,602.00 30,716.00 33,817.00 27,084.00 26,317.00 24,024.00 22,993.00 25,704.00 19,429.00 18,166.00 26,367.00 23,694.00 24,027.00 24,780.00 29,138.00 28,385.74 9,070.03 5,574.23
   Current Liabilities 26,639.00 28,271.00 25,971.00 19,381.00 22,649.00 22,286.00 17,811.00 16,352.00 15,125.00 17,403.00 14,183.00 12,499.00 20,681.00 17,772.00 20,188.00 21,072.00 25,775.00 24,502.51 6,833.41 4,989.85
      Payables and Expenses 16,650.00 14,705.00 12,061.00 9,199.00 10,061.00 7,505.00 7,540.00 6,077.00 6,436.00 8,190.00 7,801.00 6,746.00 10,102.00 10,037.00 10,468.00 9,704.00 9,001.00 9,106.35 5,345.31 3,660.09
            Account Payables 10,590.00 8,781.00 5,199.00 4,305.00 4,932.00 4,866.00 3,830.00 3,396.00 3,402.00 4,702.00 3,987.00 3,343.00 4,920.00 6,089.00 4,893.00 5,303.00 4,016.00 4,610.03 3,262.19 2,596.21
            Current Accrued Liabilities 6,060.00 5,924.00 6,862.00 4,894.00 5,129.00 2,639.00 3,710.00 2,681.00 3,034.00 3,488.00 3,814.00 3,403.00 5,182.00 3,948.00 5,575.00 4,401.00 4,985.00 4,496.33 2,083.12 1,063.89
      Short-Term Debt 19,889.00 27,166.00 24,110.00 19,071.00 22,288.00 24,881.00 18,871.00 18,991.00 15,879.00 16,809.00 11,151.00 8,253.00 19,100.00 9,456.00 12,141.00 16,409.00 18,559.00 15,449.88 742.25 652.75
      Other Current Liabilities -9,900.00 -13,600.00 -10,200.00 -8,889.00 -9,700.00 -10,100.00 -8,600.00 -8,716.00 -7,190.00 -7,596.00 -4,769.00 -2,500.00 -8,521.00 -1,721.00 -2,421.00 -5,041.00 -1,785.00 -53.72 745.85 677.01
   Non-Current Liabilities 13,217.00 11,475.00 11,631.00 11,335.00 11,168.00 4,798.00 8,506.00 7,672.00 7,868.00 8,301.00 5,246.00 5,667.00 5,686.00 5,922.00 3,839.00 3,708.00 3,363.00 3,883.23 2,236.62 584.38
      Long-Term Debt 3,518.00 3,663.00 3,818.00 3,522.00 3,782.00 4,363.00 4,630.00 3,824.00 4,105.00 4,569.00 4,843.00 5,241.00 5,416.00 5,642.00 3,688.00 3,562.00 2,852.00 2,868.61 1,976.09 867.33
      Other Non-Current Liabilities 9,699.00 7,812.00 7,813.00 7,813.00 7,386.00 435.00 3,876.00 3,848.00 3,763.00 3,732.00 403.00 426.00 270.00 280.00 151.00 146.00 511.00 1,014.62 260.54 -282.95
Equity 43,381.00 40,700.00 43,415.00 44,681.00 47,112.00 53,136.00 51,931.00 55,234.00 55,804.00 57,980.00 59,140.00 62,021.00 68,626.00 72,746.00 81,528.00 80,150.00 49,594.00 51,615.10 28,293.44 29,650.74
   Shareholders Equity 43,381.00 40,700.00 43,415.00 44,681.00 47,112.00 53,136.00 51,931.00 55,234.00 55,804.00 57,980.00 59,140.00 62,021.00 68,626.00 72,746.00 81,528.00 80,150.00 49,594.00 51,615.10 56,646.88 59,341.49
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 150,139.00 143,101.00 142,224.00 137,844.00 134,040.00 131,943.00 129,444.00 126,820.00 118,951.00 115,631.00 112,446.00 109,626.00 106,283.00 104,391.00 107,504.00 100,159.00 65,977.00 64,624.40 39,211.31 37,168.90
      Retained Earnings -106,758.00 -102,401.00 -98,809.00 -93,163.00 -86,928.00 -78,807.00 -77,513.00 -71,586.00 -63,147.00 -57,651.00 -53,306.00 -47,605.00 -37,657.00 -31,645.00 -25,976.00 -19,979.00 -16,353.00 -12,979.30 -10,887.87 -7,488.15
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30.00 30.00 30.00 30.00 30.00
      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
Debt 23,407.00 30,829.00 27,928.00 22,593.00 26,070.00 29,244.00 23,501.00 22,815.00 19,984.00 21,378.00 15,994.00 13,494.00 24,516.00 15,098.00 15,829.00 19,971.00 21,411.00 18,318.49 2,718.34 1,520.08
Net Debt 13,490.00 25,708.00 19,757.00 15,203.00 12,644.00 18,464.00 17,539.00 15,275.00 13,222.00 12,207.00 9,193.00 5,114.00 9,834.00 0 0 0 9,088.00 1,957.59 0 0
Common Shares Outstanding 32,077.23 28,110.12 27,587.77 0 21,798.55 21,007.88 20,838.42 20,671.51 18,174.47 18,121.40 18,071.11 17,468.56 17,074.58 17,052.26 16,751.61 16,751.61 14,744.54 14,744.54 13,979.56 13,830.35
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 329,871.00 214,558.00 93,135.00 -138,472.00 243,443.00 159,710.00 70,503.00 -181,099.00 271,154.00 177,630.00 77,541.00 -224,905.00 329,526.00 218,261.00 90,082.00 -88,012.93 234,769.00 133,828.44 49,645.49
Cost Of Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46,468.62
Gross Profit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,176.87
Operating Expenses 0 0 0 0 260,825.00 168,992.00 76,156.00 -188,330.00 286,309.00 187,413.00 83,087.00 -231,362.00 346,215.00 229,171.00 95,717.00 -48,952.48 246,644.00 142,017.53 6,625.95
   Selling, General and Administrative Expenses 937,393.00 611,331.00 327,692.00 478,502.40 242,691.00 159,077.00 71,369.00 -182,586.00 273,825.00 179,466.00 79,488.00 -226,160.00 333,854.00 221,491.00 91,496.00 -51,992.85 241,085.00 139,418.90 6,625.95
   Research and Development Expenses 5,594.00 3,776.00 2,337.00 -5,069.70 5,900.00 3,856.00 1,950.00 -1,269.00 4,674.00 2,914.00 1,290.00 -213.00 3,931.00 2,523.00 1,474.00 3,911.00 0 0 0
   Other Operating Expenses 0 0 0 0 12,234.00 6,059.00 2,837.00 -4,475.00 7,810.00 5,033.00 2,309.00 -4,989.00 8,430.00 5,157.00 2,747.00 -870.63 5,559.00 2,598.63 0.00
Operating Income -10,841.00 -6,804.00 -4,424.00 2,938.00 -14,424.00 -6,324.00 -5,653.00 7,231.00 -15,155.00 -9,783.00 -5,546.00 6,457.00 -16,689.00 -10,910.00 -5,635.00 7,408.16 -11,875.00 -8,189.09 -3,449.07
Net Non-Operating Income -2,651.00 -2,356.00 -1,205.00 2,897.00 -890.00 -886.00 -257.00 121.00 -332.00 -226.00 -143.00 809.00 -804.00 -571.00 -337.00 34.63 190.00 88.01 54.36
Interest Expense 475.00 363.00 156.00 -100.00 318.00 214.00 105.00 31.00 151.00 63.00 0.00 -12.00 4.00 7.00 1.00 2.44 3.00 0.25 1.31
Net Interest -475.00 -363.00 -156.00 100.00 -318.00 -214.00 -105.00 -47.00 -151.00 -63.00 16.00 23.00 -4.00 -7.00 -1.00 0 -3.00 -0.25 -1.31
EBT -13,492.00 -9,160.00 -5,629.00 5,835.00 -15,314.00 -7,210.00 -5,910.00 7,352.00 -15,487.00 -10,009.00 -5,689.00 7,266.00 -17,493.00 -11,481.00 -5,972.00 7,442.80 -11,685.00 -8,101.08 -3,394.72
Income Tax 102.00 78.00 17.00 966.00 28.00 11.00 17.00 44.00 55.00 37.00 12.00 -341.00 185.00 185.00 25.00 -2,187.93 2,820.00 2,609.93 5.00
Net Income Including Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 -47,852.00 0 0 0 0 0 0 0
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 48,452.00 0 0 0 0 0 0 0
Net Income -13,594.00 -9,238.00 -5,646.00 6,913.00 -15,342.00 -7,221.00 -5,927.00 7,308.00 -15,542.00 -10,046.00 -5,701.00 -2,503.00 5,100.00 4,000.00 -5,997.00 -9,599.85 2,600.00 -5,491.15 0
EBIT -13,017.00 -8,797.00 -5,473.00 5,735.00 -14,996.00 -6,996.00 -5,805.00 7,383.00 -15,336.00 -9,946.00 -5,689.00 7,254.00 -17,489.00 -11,474.00 -5,971.00 7,445.23 -11,682.00 -8,100.83 -3,393.41
Deprecation and Amortization 4,380.00 2,897.00 1,440.00 -2,906.00 4,050.00 2,799.00 1,480.00 -2,743.00 4,466.00 2,867.00 1,357.00 -1,905.00 3,785.00 2,405.00 1,061.00 20.76 1,778.00 846.88 102.36
EBITDA -8,637.00 -5,900.00 -4,033.00 2,829.00 -10,946.00 -4,197.00 -4,325.00 4,640.00 -10,870.00 -7,079.00 -4,332.00 5,349.00 -13,704.00 -9,069.00 -4,910.00 7,466.00 -9,904.00 -7,253.95 -3,291.05
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 26,844.46 25,459.13 23,407.90 22,535.01 19,792.77 19,470.76 19,178.47 16,998.69 16,036.66 16,017.56 16,011.07 15,447.50 16,054.02 16,180.78 16,323.16 29,376.67 13,948.86 13,750.77 0
Average Shares Outstanding Diluted 26,844.46 25,459.13 23,407.90 22,535.01 19,792.77 19,470.76 19,178.47 16,998.69 16,036.66 16,017.56 16,011.07 15,447.50 16,054.02 16,180.78 16,323.16 29,376.67 13,948.86 13,750.77 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 -8,633.00 -11,671.00 -5,733.00 4,671.00 -4,371.00 -4,041.00 -947.00 1,941.00 -6,206.00 -4,737.00 -1,570.00 -2,122.00 -6,470.00 368.00 1,641.00 -1,453.21 -6,570.00 -2,692.58 -981.21
   Operating Net Income -13,594.00 -9,238.00 -5,646.00 6,913.00 -15,342.00 -7,221.00 -5,927.00 7,308.00 -15,542.00 -10,046.00 -5,701.00 -12,511.00 -17,678.00 -11,666.00 -5,997.00 5,264.87 -8,865.00 -5,491.15 -3,399.72
   Deprecation and Amortization 4,380.00 2,897.00 1,440.00 -2,906.00 4,050.00 2,799.00 1,480.00 -2,743.00 4,466.00 2,867.00 1,357.00 -1,905.00 3,785.00 2,405.00 1,061.00 20.76 1,778.00 846.88 102.36
   Deferred Income Tax 3.00 3.00 1.00 -1,075.00 0 -37.00 5.00 62.00 14.00 8.00 0 297.00 0 0 0 2,175.93 -2,865.00 -2,649.93 0
   Share Based Compensation 3,013.00 2,450.00 1,506.00 -6,082.00 7,118.00 5,151.00 2,652.00 -5,156.00 9,325.00 6,005.00 2,820.00 -4,094.00 6,470.00 4,348.00 2,407.00 -1,755.60 2,833.00 2,063.53 870.08
   Change in Working Capital 197,893.00 127,832.00 56,522.00 -144,569.00 197,403.00 134,275.00 51,115.00 -84,421.00 111,559.00 87,536.00 37,994.00 -156,803.00 205,972.00 131,411.00 61,313.00 67,511.21 111,915.00 2,919.44 497.35
   Other Operating Activities -200,328.00 -135,615.00 -59,556.00 152,390.00 -197,600.00 -139,008.00 -50,272.00 86,891.00 -116,028.00 -91,107.00 -38,040.00 172,894.00 -205,019.00 -126,130.00 -57,143.00 -74,670.37 -111,366.00 -381.35 948.72
Investing Cash Flow 1,717.00 2,441.00 -815.00 -7,362.00 5,099.00 6,100.00 -535.00 987.00 -1,358.00 -909.00 -588.00 6,659.00 -5,933.00 -5,170.00 -2,652.00 13,651.62 -13,562.00 -11,984.09 -2,665.53
   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 2,163.00 1,439.00 695.00 -703.00 2,206.00 1,205.00 535.00 -1,022.00 1,358.00 909.00 588.00 -3,168.00 3,454.00 2,691.00 1,080.00 -634.25 2,593.00 970.17 550.08
   Net Purchase/Sale of Investments Net 0 0 0 130.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 4,000.00 4,000.00 0 -7,695.00 7,565.00 7,565.00 0 35.00 0 0 0 -4,891.00 2,479.00 2,479.00 1,572.00 -13,017.37 10,969.00 11,013.92 2,115.45
   Other Investing Activities -4,446.00 -2,998.00 -1,510.00 906.00 -4,672.00 -2,670.00 -1,070.00 1,974.00 -2,716.00 -1,818.00 -1,176.00 14,718.00 -11,866.00 -10,340.00 -5,304.00 27,303.24 -27,124.00 -23,968.19 -5,331.05
Financing Cash Flow 9,444.00 6,962.00 7,329.00 -5,006.00 5,157.00 1,181.00 -96.00 -1,362.00 5,946.00 6,437.00 579.00 14,779.00 -10,836.00 -13,497.00 -6,308.00 30,251.37 2,893.00 1,475.95 -4.32
   Net Issuance/Repayment of Debt 367,902.00 237,896.00 105,463.00 -266,024.00 389,379.00 254,392.00 98,865.00 74,667.00 217,820.00 7,703.00 318.00 10,612.00 1,400.00 -6,320.00 -4,385.00 -1,538.69 3,611.00 1,410.37 4.32
   Net Issuance/Repurchase of Equity 9,513.00 3,043.00 3,043.00 0 0 0 0 4,900.00 0 0 0 -7,034.00 6,045.00 6,045.00 989.00 67,420.00 80.00 80.00 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -367,971.00 -233,977.00 -101,177.00 261,018.00 -384,222.00 -253,211.00 -98,961.00 -80,929.00 -211,874.00 -1,266.00 261.00 11,201.00 -18,281.00 -13,222.00 -2,912.00 -35,629.94 -798.00 -14.42 -8.64
Net Change in Cash 2,528.00 -2,268.00 782.00 -7,698.00 5,886.00 3,240.00 -1,578.00 1,566.00 -1,618.00 791.00 -1,579.00 19,316.00 -23,239.00 -18,299.00 -7,319.00 42,450.79 -17,239.00 -13,200.73 -3,651.06
   Cash at Beginning of Period 7,389.00 7,389.00 7,389.00 15,088.00 7,540.00 7,540.00 7,540.00 5,974.00 8,380.00 8,380.00 8,380.00 -10,936.00 37,921.00 37,921.00 37,921.00 -4,529.79 29,562.00 29,561.63 29,561.63
   Cash at End of Period 9,917.00 5,121.00 8,171.00 7,390.00 13,426.00 10,780.00 5,962.00 7,540.00 6,762.00 9,171.00 6,801.00 8,380.00 14,682.00 19,622.00 30,602.00 37,921.00 12,323.00 16,360.91 25,910.57
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0