G

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 14.91 10.03 24.13 26.94 25.53
Price to Sales 1.61 1.41 1.91 2.48 2.11
Book Value Per Common Share 13.68 12.53 9.98 10.24 9.70
Price to Book 3.14 2.77 4.64 5.19 4.26
Price to Operating Cash Flow 12.45 12.90 19.23 14.36 13.48
Price to Free Cash Flow
Enterprise Value to EBITDA 82446.36 74708.02 116502.09 122755.04 108413.82
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 17.83 29.15 67.17 18.94 24.20 50.69 19.46 31.05 79.69 30.61 46.55 83.67 30.07 44.11 89.21
Price to Sales 1.94 3.12 7.28 2.00 2.51 5.26 1.99 3.14 7.80 2.43 3.60 7.51 3.03 4.42 8.54
Book Value Per Common Share 14.76 14.84 14.03 13.68 13.58 13.12 12.77 12.53 11.08 10.66 10.48 9.98 9.46 9.54 9.98 10.24 10.38 9.78 9.35 9.70
Price to Book 2.84 2.97 3.59 3.14 2.89 2.45 2.58 2.77 3.27 3.52 4.41 4.64 4.63 4.44 4.36 5.19 4.58 4.64 4.58 4.26
Price to Operating Cash Flow 13.90 35.37 218.66 17.05 31.55 -232.53 22.14 50.19 -249.43 37.72 -655.73 -70.68 19.95 35.92 104.69
Price to Free Cash Flow
Enterprise Value to EBITDA 101896.82 166803.07 385168.88 103368.57 132715.15 280140.04 106578.82 168859.05 433939.83 147775.11 217096.95 408837.82 144411.36 204711.53 393860.86

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -16.76 80.21 -2.54 21.60
Revenue YoY 6.48 0.31 10.96 7.76
EBITDA YoY 9.11 14.66 -9.25 11.12
Net Profit YoY -18.63 78.62 -4.34 19.84
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 55.63 101.33 55.64 104.62 53.72 108.62 57.14 75.00 53.40 114.58
Revenue YoY 52.29 103.25 52.48 103.98 51.75 101.49 52.39 102.70 52.51 104.45
EBITDA YoY 54.15 101.02 54.78 104.15 52.74 106.15 51.41 81.77 48.30 105.01
Net Profit YoY 55.33 101.42 55.59 104.31 52.89 109.57 57.10 74.52 52.78 112.52

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 10.90 9.58 10.44 4.79 3.57
Quick Ratio 3.26 2.17 2.64 1.37 1.30
Current Ratio 2.16 1.44 1.61 1.47 1.45
Debt to Equity 1.09 1.14 1.51 1.62 1.66
Long-Term Debt to Equity 0.68 0.55 0.91 0.93 1.00
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
Cash Per Common Share 4.24 3.79 3.20 11.13 5.71 5.08 2.65 9.73 2.96 2.68 3.00 10.51 2.81 2.49 4.64 4.85 4.91 4.00 3.41 3.60
Quick Ratio 1.38 1.39 2.22 3.26 1.73 1.73 1.37 2.17 1.63 1.61 1.65 2.64 0.93 1.35 1.33 1.37 1.43 1.35 1.81 1.30
Current Ratio 1.51 1.53 2.45 2.16 1.85 1.89 1.54 1.44 1.91 1.88 1.84 1.61 1.08 1.58 1.43 1.47 1.58 1.52 2.03 1.45
Debt to Equity 1.11 1.05 1.00 1.09 1.22 1.22 1.06 1.14 1.29 1.32 1.34 1.51 1.62 1.59 1.69 1.62 1.59 1.66 1.74 1.66
Long-Term Debt to Equity 0.53 0.51 0.67 0.68 0.68 0.70 0.55 0.55 0.80 0.84 0.85 0.91 0.68 0.97 0.94 0.93 0.91 0.99 1.25 1.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 10.30 13.14 7.70 7.43 6.33
ROE 21.50 28.08 19.35 19.47 16.81
Gross Margin 35.45 35.08 34.42 35.60 34.59
Operating Margin 15.87 14.93 11.73 13.46 12.24
EBITDA Margin 19.09 18.63 16.30 19.92 19.32
Net Profit Margin 10.78 14.10 7.92 9.19 8.26
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 7.63 4.97 2.67 6.98 4.61 2.47 7.39 4.96 2.35 5.81 3.70 1.93 5.87 3.96 1.91
ROE 16.09 10.19 5.33 15.52 10.22 5.09 16.92 11.50 5.51 15.23 9.59 5.21 15.18 10.55 5.22
Gross Margin 35.86 35.60 35.31 35.37 35.23 35.05 34.92 34.64 33.99 34.66 34.75 35.57 36.01 36.21 36.48
Operating Margin 15.82 15.70 15.88 15.72 15.38 15.29 14.77 14.54 14.05 11.53 11.33 12.99 14.31 14.66 14.14
EBITDA Margin 18.85 18.62 18.83 19.01 18.73 18.71 18.50 18.38 17.97 16.32 16.43 18.32 20.97 21.57 21.51
Net Profit Margin 10.89 10.67 10.77 10.57 10.36 10.34 10.21 10.13 9.74 7.94 7.70 8.94 10.05 10.03 9.65

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 4,987,153.00 4,805,713.00 4,588,814.00 4,975,269.00 4,873,513.00
   Current Assets 2,080,104.00 1,891,509.00 1,779,492.00 1,921,641.00 1,748,868.00
   Deposits 3,886.00 4,406.00 5,372.00 5,839.00 8,774.00
      Cash and Short-Term Investments 1,943,957.00 1,746,462.00 1,922,073.00 899,458.00 680,440.00
            Cash and Cash Equivalents 1,920,598.00 1,746,462.00 1,922,073.00 899,458.00 680,440.00
            Short-Term Investments 23,359.00 0 0 0 0
      Net Receivables 1,198,606.00 1,116,273.00 994,755.00 887,742.00 881,020.00
      Inventory 0 0 0 0 0
      Other Current Assets -1,062,459.00 -971,226.00 -1,137,336.00 134,441.00 187,408.00
   Non-Current Assets 2,907,049.00 2,914,204.00 2,809,322.00 3,053,628.00 3,124,645.00
      Property, Plant, Equipment Net 390,133.00 375,970.00 379,124.00 485,692.00 535,836.00
      Goodwill 1,669,769.00 1,683,782.00 1,684,196.00 3,550,486.00 3,564,714.00
      Intangible Assets 26,950.00 53,028.00 89,715.00 169,635.00 236,732.00
      Long-Term Investments 130,253.00 90,094.00 64,735.00 48,071.00 25,357.00
      Non-Current Deferred Assets 269,476.00 298,921.00 135,483.00 106,322.00 106,674.00
      Other Non-Current Assets 420,468.00 412,409.00 456,069.00 -1,306,578.00 -1,344,668.00
Liabilities 2,597,542.00 2,557,321.00 2,762,656.00 3,078,136.00 3,039,284.00
   Current Liabilities 963,739.00 1,317,932.00 1,103,321.00 1,308,801.00 1,202,636.00
      Payables and Expenses 71,900.00 66,197.00 81,115.00 72,337.00 55,851.00
            Account Payables 36,469.00 27,739.00 35,809.00 24,984.00 13,910.00
            Current Accrued Liabilities 35,431.00 38,458.00 45,306.00 47,353.00 41,941.00
      Short-Term Debt 78,845.00 492,555.00 231,199.00 445,024.00 340,016.00
      Other Current Liabilities 812,994.00 759,180.00 791,007.00 791,440.00 806,769.00
   Non-Current Liabilities 1,633,803.00 1,239,389.00 1,659,335.00 1,769,335.00 1,836,648.00
      Long-Term Debt 1,348,854.00 992,735.00 1,439,551.00 1,520,183.00 1,596,734.00
      Other Non-Current Liabilities 284,949.00 246,654.00 219,784.00 249,152.00 239,914.00
Equity 2,389,611.00 2,248,392.00 1,826,158.00 1,897,133.00 1,834,229.00
   Shareholders Equity 2,389,611.00 2,248,392.00 1,826,158.00 1,897,133.00 1,834,229.00
      Capital Stock 1,740.00 1,789.00 1,823.00 1,847.00 1,885.00
      Share Premium 1,945,261.00 1,883,944.00 1,777,453.00 1,717,165.00 1,636,026.00
      Retained Earnings 1,236,696.00 1,085,209.00 780,007.00 732,474.00 741,658.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -794,086.00 -722,550.00 -733,125.00 -554,353.00 -545,340.00
   Minority Interest 0 0 0 0 0
Investments 23,359.00 90,094.00 64,735.00 48,071.00 27,707.00
Debt 1,427,699.00 1,485,290.00 1,670,750.00 1,965,207.00 1,936,750.00
Net Debt 0 0 0 1,065,749.00 1,256,310.00
Common Shares Outstanding 174,661.94 179,494.13 182,924.42 185,336.36 189,045.66
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 4,767,139.00 4,476,888.00 4,463,130.00 4,022,211.00 3,732,673.00
Cost Of Revenue 3,077,073.00 2,906,223.00 2,926,732.00 2,590,252.00 2,441,433.00
Gross Profit 1,690,066.00 1,570,665.00 1,536,398.00 1,431,959.00 1,291,240.00
Operating Expenses 988,005.00 939,808.00 1,034,247.00 922,960.00 852,523.00
   Selling, General and Administrative Expenses 967,145.00 913,061.00 938,385.00 865,715.00 789,849.00
   Other Operating Expenses 20,860.00 26,747.00 95,862.00 57,245.00 62,674.00
Operating Income 702,061.00 630,857.00 502,151.00 508,999.00 438,717.00
Net Non-Operating Income -25,241.00 -28,633.00 -36,915.00 -25,870.00 -38,240.00
Interest Income 32,293.00 18,373.00 5,899.00 6,878.00 7,284.00
Interest Expense 79,507.00 66,308.00 58,103.00 58,312.00 56,244.00
Net Interest -47,214.00 -47,935.00 -52,204.00 -51,434.00 -48,960.00
EBT 676,820.00 602,224.00 465,236.00 483,129.00 400,477.00
Income Tax 6,795.00 198,976.00 111,832.00 113,681.00 92,201.00
Net Income Including Non-Controlling Interests 0 0 353,404.00 369,448.00 308,276.00
Net Income Non-Controlling Interests 0 0 0.00 0.00 0.00
Net Income 513,670.00 631,255.00 353,404.00 369,448.00 308,276.00
EBIT 756,327.00 668,532.00 523,339.00 541,441.00 456,721.00
Deprecation and Amortization 153,559.00 165,410.00 203,947.00 259,973.00 264,502.00
EBITDA 909,886.00 833,942.00 727,286.00 801,414.00 721,223.00
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 178,385.97 182,345.55 184,184.93 187,802.22 190,396.78
Average Shares Outstanding Diluted 180,436.90 185,141.84 188,087.24 192,961.84 195,780.97
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 615,424.00 490,812.00 443,670.00 694,281.00 584,308.00
   Operating Net Income 513,670.00 631,255.00 353,404.00 369,448.00 924,828.00
   Deprecation and Amortization 153,559.00 165,410.00 203,947.00 259,973.00 264,502.00
   Deferred Income Tax 36,610.00 -157,932.00 -29,151.00 -9,263.00 -23,522.00
   Share Based Compensation 66,383.00 88,576.00 77,373.00 81,968.00 74,008.00
   Change in Working Capital 103,104.00 116,551.00 128,111.00 29,388.00 -55,978.00
   Other Operating Activities -257,902.00 -353,048.00 -290,014.00 -37,233.00 -599,530.00
Investing Cash Flow -105,959.00 -78,944.00 -36,593.00 -122,747.00 -266,397.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 87,870.00 58,802.00 54,449.00 63,632.00 80,978.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 -18,828.00 17,802.00 136,477.00 186,633.00
   Other Investing Activities -193,829.00 -118,918.00 -108,844.00 -322,856.00 -534,008.00
Financing Cash Flow -424,848.00 -482,996.00 -571,402.00 -332,883.00 -92,011.00
   Net Issuance/Repayment of Debt 954,483.00 469,040.00 1,482,200.00 647,928.00 1,084,567.00
   Net Issuance/Repurchase of Equity 505,211.00 450,878.00 428,068.00 596,306.00 274,156.00
   Dividends Paid 108,466.00 100,014.00 91,837.00 80,479.00 74,212.00
   Other Financing Activities -1,993,008.00 -1,502,928.00 -2,573,507.00 -1,657,596.00 -1,524,946.00
Net Change in Cash 84,617.00 -71,128.00 -164,325.00 238,651.00 225,900.00
   Cash at Beginning of Period 563,629.00 654,798.00 811,090.00 660,807.00 454,540.00
   Cash at End of Period 648,246.00 583,670.00 646,765.00 899,458.00 680,440.00
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 5,364,152.00 5,307,680.00 4,894,958.00 4,987,153.00 5,325,660.00 5,178,265.00 4,740,642.00 4,805,713.00 4,598,773.00 4,482,340.00 4,505,845.00 4,588,814.00 4,536,672.00 4,540,380.00 4,971,271.00 4,975,269.00 5,049,131.00 4,898,591.00 4,787,924.00 4,873,513.00
   Current Assets 2,212,492.00 2,135,029.00 1,942,788.00 2,080,104.00 2,400,809.00 2,266,081.00 1,830,442.00 1,891,509.00 1,869,552.00 1,748,109.00 1,733,557.00 1,779,492.00 1,758,376.00 1,719,300.00 1,984,734.00 1,921,641.00 2,075,244.00 1,882,109.00 1,711,630.00 1,748,868.00
   Deposits 4,153.00 4,606.00 3,720.00 3,886.00 5,446.00 1,692.00 4,788.00 4,406.00 3,270.00 4,024.00 3,330.00 5,372.00 4,970.00 4,418.00 4,910.00 5,839.00 5,169.00 3,915.00 7,404.00 8,774.00
      Cash and Short-Term Investments 740,763.00 663,260.00 561,615.00 1,943,957.00 1,022,647.00 914,171.00 478,398.00 1,746,462.00 541,004.00 491,308.00 552,281.00 1,922,073.00 518,680.00 460,376.00 861,760.00 899,458.00 922,475.00 752,580.00 644,002.00 680,440.00
            Cash and Cash Equivalents 740,763.00 663,260.00 561,615.00 1,920,598.00 1,022,647.00 914,171.00 478,398.00 1,746,462.00 541,004.00 491,308.00 552,281.00 1,922,073.00 518,680.00 460,376.00 861,760.00 899,458.00 922,475.00 752,580.00 644,002.00 680,440.00
            Short-Term Investments 0 0 0 23,359.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,280,938.00 1,266,653.00 1,192,094.00 1,198,606.00 1,214,098.00 1,159,787.00 1,147,233.00 1,116,273.00 1,054,491.00 1,007,675.00 1,005,394.00 994,755.00 994,250.00 1,014,285.00 971,361.00 887,742.00 951,171.00 916,366.00 886,223.00 881,020.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 190,791.00 205,116.00 189,079.00 -1,062,459.00 164,064.00 192,123.00 204,811.00 -971,226.00 274,057.00 249,126.00 175,882.00 -1,137,336.00 245,446.00 244,639.00 151,613.00 134,441.00 201,598.00 213,163.00 181,405.00 187,408.00
   Non-Current Assets 3,151,660.00 3,172,651.00 2,952,170.00 2,907,049.00 2,924,851.00 2,912,184.00 2,910,200.00 2,914,204.00 2,729,221.00 2,734,231.00 2,772,288.00 2,809,322.00 2,778,296.00 2,821,080.00 2,986,537.00 3,053,628.00 2,973,887.00 3,016,482.00 3,076,294.00 3,124,645.00
      Property, Plant, Equipment Net 324,562.00 414,081.00 395,451.00 390,133.00 393,258.00 394,157.00 392,923.00 375,970.00 356,341.00 358,872.00 367,279.00 379,124.00 371,750.00 397,193.00 456,275.00 485,692.00 481,507.00 496,131.00 525,503.00 535,836.00
      Goodwill 1,783,800.00 1,793,903.00 1,673,077.00 1,669,769.00 1,683,053.00 1,677,866.00 1,679,720.00 1,683,782.00 1,677,804.00 1,685,331.00 1,687,486.00 1,684,196.00 1,680,932.00 1,687,147.00 1,722,012.00 3,550,486.00 1,685,684.00 1,687,363.00 3,378,731.00 3,564,714.00
      Intangible Assets 71,369.00 77,435.00 22,618.00 26,950.00 33,337.00 39,841.00 46,305.00 53,028.00 61,805.00 70,537.00 80,044.00 89,715.00 101,226.00 113,574.00 154,149.00 169,635.00 171,008.00 196,099.00 215,976.00 236,732.00
      Long-Term Investments 199,818.00 187,392.00 167,838.00 130,253.00 112,793.00 97,180.00 96,945.00 90,094.00 82,349.00 78,870.00 72,299.00 64,735.00 59,103.00 47,760.00 48,613.00 48,071.00 14,532.00 13,200.00 11,689.00 25,357.00
      Non-Current Deferred Assets 253,980.00 244,326.00 258,036.00 269,476.00 288,773.00 276,981.00 281,945.00 298,921.00 137,606.00 131,440.00 130,902.00 135,483.00 111,932.00 102,761.00 99,079.00 106,322.00 108,871.00 107,529.00 103,865.00 106,674.00
      Other Non-Current Assets 518,131.00 455,514.00 435,150.00 420,468.00 413,637.00 426,159.00 412,362.00 412,409.00 413,316.00 409,181.00 434,278.00 456,069.00 453,353.00 472,645.00 506,409.00 -1,306,578.00 512,285.00 516,160.00 -1,159,470.00 -1,344,668.00
Liabilities 2,819,622.00 2,721,069.00 2,441,897.00 2,597,542.00 2,930,967.00 2,840,506.00 2,442,272.00 2,557,321.00 2,589,320.00 2,549,476.00 2,580,512.00 2,762,656.00 2,804,826.00 2,789,942.00 3,123,877.00 3,078,136.00 3,096,245.00 3,059,622.00 3,038,300.00 3,039,284.00
   Current Liabilities 1,461,641.00 1,392,439.00 791,739.00 963,739.00 1,294,729.00 1,197,682.00 1,185,402.00 1,317,932.00 978,958.00 931,443.00 944,524.00 1,103,321.00 1,633,109.00 1,091,289.00 1,383,294.00 1,308,801.00 1,312,348.00 1,240,712.00 843,738.00 1,202,636.00
      Payables and Expenses 88,861.00 100,144.00 77,498.00 71,900.00 71,306.00 72,209.00 67,405.00 66,197.00 157,867.00 135,648.00 86,807.00 81,115.00 135,097.00 102,982.00 74,310.00 72,337.00 134,853.00 110,719.00 78,061.00 55,851.00
            Account Payables 34,790.00 43,947.00 37,281.00 36,469.00 18,513.00 28,430.00 28,032.00 27,739.00 26,659.00 41,956.00 22,713.00 35,809.00 27,925.00 26,964.00 21,098.00 24,984.00 24,834.00 25,194.00 21,567.00 13,910.00
            Current Accrued Liabilities 54,071.00 56,197.00 40,217.00 35,431.00 52,793.00 43,779.00 39,373.00 38,458.00 131,208.00 93,692.00 64,094.00 45,306.00 107,172.00 76,018.00 53,212.00 47,353.00 110,019.00 85,525.00 56,494.00 41,941.00
      Short-Term Debt 427,342.00 514,627.00 78,475.00 78,845.00 475,934.00 471,797.00 522,647.00 492,555.00 131,358.00 179,996.00 259,339.00 231,199.00 789,118.00 337,624.00 693,066.00 445,024.00 441,515.00 441,491.00 90,579.00 340,016.00
      Other Current Liabilities 945,438.00 777,668.00 635,766.00 812,994.00 747,489.00 653,676.00 595,350.00 759,180.00 689,733.00 615,799.00 598,378.00 791,007.00 708,894.00 650,683.00 615,918.00 791,440.00 735,980.00 688,502.00 675,098.00 806,769.00
   Non-Current Liabilities 1,357,981.00 1,328,630.00 1,650,158.00 1,633,803.00 1,636,238.00 1,642,824.00 1,256,870.00 1,239,389.00 1,610,362.00 1,618,033.00 1,635,988.00 1,659,335.00 1,171,717.00 1,698,653.00 1,740,583.00 1,769,335.00 1,783,897.00 1,818,910.00 2,194,562.00 1,836,648.00
      Long-Term Debt 981,447.00 996,314.00 1,344,003.00 1,348,854.00 1,363,443.00 1,383,303.00 999,051.00 992,735.00 1,389,444.00 1,400,337.00 1,421,452.00 1,439,551.00 932,670.00 1,460,879.00 1,494,148.00 1,520,183.00 1,534,918.00 1,562,244.00 1,936,630.00 1,596,734.00
      Other Non-Current Liabilities 376,534.00 332,316.00 306,155.00 284,949.00 272,795.00 259,521.00 257,819.00 246,654.00 220,918.00 217,696.00 214,536.00 219,784.00 239,047.00 237,774.00 246,435.00 249,152.00 248,979.00 256,666.00 257,932.00 239,914.00
Equity 2,544,530.00 2,586,611.00 2,453,061.00 2,389,611.00 2,394,693.00 2,337,759.00 2,298,370.00 2,248,392.00 2,009,453.00 1,932,864.00 1,925,333.00 1,826,158.00 1,731,846.00 1,750,438.00 1,847,394.00 1,897,133.00 1,952,886.00 1,838,969.00 1,749,624.00 1,834,229.00
   Shareholders Equity 2,544,530.00 2,586,611.00 2,453,061.00 2,389,611.00 2,394,693.00 2,337,759.00 2,298,370.00 2,248,392.00 2,009,453.00 1,932,864.00 1,925,333.00 1,826,158.00 1,731,846.00 1,750,438.00 1,847,394.00 1,897,133.00 1,952,886.00 1,838,969.00 1,749,624.00 1,834,229.00
      Capital Stock 1,718.00 1,735.00 1,742.00 1,740.00 1,758.00 1,776.00 1,794.00 1,789.00 1,809.00 1,807.00 1,831.00 1,823.00 1,825.00 1,830.00 1,845.00 1,847.00 1,876.00 1,869.00 1,867.00 1,885.00
      Share Premium 1,991,774.00 1,964,966.00 1,941,478.00 1,945,261.00 1,922,042.00 1,900,015.00 1,879,099.00 1,883,944.00 1,856,230.00 1,831,425.00 1,794,779.00 1,777,453.00 1,740,271.00 1,716,895.00 1,693,854.00 1,717,165.00 1,690,250.00 1,657,756.00 1,630,445.00 1,636,026.00
      Retained Earnings 1,373,512.00 1,347,377.00 1,274,790.00 1,236,696.00 1,207,387.00 1,176,459.00 1,144,671.00 1,085,209.00 893,613.00 800,964.00 830,846.00 780,007.00 745,172.00 702,219.00 729,503.00 732,474.00 830,372.00 748,199.00 678,631.00 741,658.00
      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 -822,474.00 -727,467.00 -764,949.00 -794,086.00 -736,494.00 -740,491.00 -727,194.00 -722,550.00 -742,199.00 -701,332.00 -702,123.00 -733,125.00 -755,422.00 -670,506.00 -577,808.00 -554,353.00 -569,612.00 -568,855.00 -561,319.00 -545,340.00
   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 23,359.00 112,793.00 97,180.00 96,945.00 90,094.00 82,349.00 78,870.00 72,299.00 64,735.00 59,103.00 47,760.00 48,613.00 48,071.00 29,527.00 29,458.00 28,290.00 27,707.00
Debt 1,408,789.00 1,510,941.00 1,422,478.00 1,427,699.00 1,839,377.00 1,855,100.00 1,521,698.00 1,485,290.00 1,520,802.00 1,580,333.00 1,680,791.00 1,670,750.00 1,721,788.00 1,798,503.00 2,187,214.00 1,965,207.00 1,976,433.00 2,003,735.00 2,027,209.00 1,936,750.00
Net Debt 668,026.00 847,681.00 860,863.00 0 816,730.00 940,929.00 1,043,300.00 0 979,798.00 1,089,025.00 1,128,510.00 0 1,203,108.00 1,338,127.00 1,325,454.00 1,065,749.00 1,053,958.00 1,251,155.00 1,383,207.00 1,256,310.00
Common Shares Outstanding 172,409.09 174,264.64 174,870.93 174,661.94 176,347.17 178,177.58 179,979.37 179,494.13 181,412.40 181,318.10 183,729.11 182,924.42 183,008.14 183,483.74 185,072.42 185,336.36 188,056.57 0 187,176.34 189,045.66
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 3,760,601.00 2,469,344.00 1,214,926.00 -2,189,945.00 3,518,398.00 2,307,449.00 1,131,237.00 -2,137,909.00 3,330,635.00 2,194,843.00 1,089,319.00 -2,113,337.00 3,321,583.00 2,179,596.00 1,075,288.00 -1,807,991.00 2,949,934.00 1,934,197.00 946,071.00
Cost Of Revenue 2,411,883.00 1,590,282.00 785,932.00 -1,426,383.00 2,274,104.00 1,494,593.00 734,759.00 -1,414,941.00 2,167,524.00 1,434,562.00 719,078.00 -1,358,692.00 2,170,393.00 1,422,224.00 692,807.00 -1,132,182.00 1,887,596.00 1,233,910.00 600,928.00
Gross Profit 1,348,718.00 879,062.00 428,994.00 -763,562.00 1,244,294.00 812,856.00 396,478.00 -722,968.00 1,163,111.00 760,281.00 370,241.00 -754,645.00 1,151,190.00 757,372.00 382,481.00 -675,809.00 1,062,338.00 700,287.00 345,143.00
Operating Expenses 793,972.00 515,958.00 245,292.00 -463,513.00 732,407.00 482,619.00 236,492.00 -438,156.00 694,986.00 457,849.00 225,129.00 -504,961.00 776,790.00 513,813.00 248,605.00 -395,067.00 665,264.00 435,502.00 217,261.00
   Selling, General and Administrative Expenses 769,582.00 507,477.00 241,084.00 -460,547.00 717,988.00 474,673.00 235,031.00 -424,977.00 675,642.00 445,911.00 216,485.00 -471,131.00 701,828.00 470,392.00 237,296.00 -360,774.00 620,857.00 404,900.00 200,732.00
   Other Operating Expenses 24,390.00 8,481.00 4,208.00 -2,966.00 14,419.00 7,946.00 1,461.00 -13,179.00 19,344.00 11,938.00 8,644.00 -33,830.00 74,962.00 43,421.00 11,309.00 -34,293.00 44,407.00 30,602.00 16,529.00
Operating Income 554,746.00 363,104.00 183,702.00 -300,049.00 511,887.00 330,237.00 159,986.00 -284,812.00 468,125.00 302,432.00 145,112.00 -249,684.00 374,400.00 243,559.00 133,876.00 -280,742.00 397,074.00 264,785.00 127,882.00
Net Non-Operating Income -13,433.00 -11,143.00 -8,479.00 7,444.00 -17,615.00 -11,452.00 -3,618.00 15,966.00 -24,375.00 -13,587.00 -6,637.00 26,074.00 -32,281.00 -22,514.00 -8,194.00 8,641.00 -17,703.00 -9,151.00 -7,657.00
Interest Income 15,929.00 10,789.00 6,255.00 -9,212.00 22,718.00 12,395.00 6,392.00 -7,981.00 13,005.00 8,423.00 4,926.00 -2,663.00 4,042.00 2,602.00 1,918.00 -1,313.00 4,544.00 2,476.00 1,171.00
Interest Expense 53,645.00 35,720.00 17,701.00 -32,187.00 58,885.00 36,175.00 16,634.00 -26,458.00 48,025.00 30,188.00 14,553.00 -22,530.00 40,733.00 25,894.00 14,006.00 -25,852.00 42,742.00 27,909.00 13,513.00
Net Interest -37,716.00 -24,931.00 -11,446.00 22,975.00 -36,167.00 -23,780.00 -10,242.00 18,477.00 -35,020.00 -21,765.00 -9,627.00 19,867.00 -36,691.00 -23,292.00 -12,088.00 24,539.00 -38,198.00 -25,433.00 -12,342.00
EBT 541,313.00 351,961.00 175,223.00 -292,605.00 494,272.00 318,785.00 156,368.00 -268,846.00 443,750.00 288,845.00 138,475.00 -223,610.00 342,119.00 221,045.00 125,682.00 -272,101.00 379,371.00 255,634.00 120,225.00
Income Tax 131,913.00 88,392.00 44,370.00 -234,991.00 122,517.00 79,848.00 39,421.00 -3,694.00 103,804.00 66,492.00 32,374.00 -49,294.00 78,427.00 53,196.00 29,503.00 -59,936.00 83,008.00 61,657.00 28,952.00
Net Income Including Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 353,404.00 0 0 0 369,448.00 0 0 0
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 0.00 0 0 0 0.00 0 0 0
Net Income 409,400.00 263,569.00 130,853.00 -213,969.00 371,755.00 238,937.00 116,947.00 -37,145.00 339,946.00 222,353.00 106,101.00 -174,316.00 263,692.00 167,849.00 96,179.00 -212,165.00 296,363.00 193,977.00 91,273.00
EBIT 594,958.00 387,681.00 192,924.00 -324,792.00 553,157.00 354,960.00 173,002.00 -295,304.00 491,775.00 319,033.00 153,028.00 -246,140.00 382,852.00 246,939.00 139,688.00 -297,953.00 422,113.00 283,543.00 133,738.00
Deprecation and Amortization 113,826.00 72,111.00 35,809.00 -78,125.00 115,775.00 77,216.00 38,693.00 -86,063.00 124,410.00 84,394.00 42,669.00 -123,624.00 159,214.00 111,081.00 57,276.00 -140,025.00 196,583.00 133,654.00 69,761.00
EBITDA 708,784.00 459,792.00 228,733.00 -402,917.00 668,932.00 432,176.00 211,695.00 -381,367.00 616,185.00 403,427.00 195,697.00 -369,764.00 542,066.00 358,020.00 196,964.00 -437,978.00 618,696.00 417,197.00 203,499.00
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 174,572.17 175,069.77 175,528.31 173,872.02 179,221.21 180,034.12 180,416.54 179,265.44 182,808.52 183,512.83 183,795.40 181,617.83 184,456.05 185,028.06 185,637.78 186,623.69 187,945.23 187,989.84 188,650.11
Average Shares Outstanding Diluted 177,197.36 177,743.74 178,435.14 177,530.45 180,854.68 181,424.91 181,937.55 180,537.67 185,737.73 186,705.70 187,586.28 185,804.11 188,274.42 188,712.03 189,558.40 193,000.94 192,885.25 192,747.91 193,213.26
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
Operating Cash Flow 526,161.00 217,801.00 40,436.00 45,095.00 412,177.00 183,713.00 -25,561.00 88,588.00 298,906.00 137,382.00 -34,064.00 355,857.00 214,042.00 -11,948.00 -114,281.00 -68,117.00 447,477.00 237,765.00 77,156.00
   Operating Net Income 409,400.00 263,569.00 130,853.00 -213,969.00 371,755.00 238,937.00 116,947.00 -37,145.00 339,946.00 222,353.00 106,101.00 -174,316.00 263,692.00 167,849.00 96,179.00 -212,165.00 296,363.00 193,977.00 91,273.00
   Deprecation and Amortization 113,826.00 72,111.00 35,809.00 -78,125.00 115,775.00 77,216.00 38,693.00 -86,063.00 124,410.00 84,394.00 42,669.00 -123,624.00 159,214.00 111,081.00 57,276.00 -140,025.00 196,583.00 133,654.00 69,761.00
   Deferred Income Tax 11,729.00 9,307.00 8,063.00 -5,282.00 14,509.00 15,873.00 11,510.00 -149,593.00 -7,092.00 -2,957.00 1,710.00 -26,962.00 -7,655.00 552.00 4,914.00 -266.00 -6,236.00 -2,792.00 31.00
   Share Based Compensation 64,055.00 41,834.00 20,036.00 -17,624.00 47,276.00 27,550.00 9,181.00 -36,514.00 63,850.00 41,536.00 19,704.00 -28,463.00 54,894.00 35,692.00 15,250.00 -31,185.00 58,604.00 37,119.00 17,430.00
   Change in Working Capital 98,817.00 88,272.00 -502.00 -102,169.00 102,594.00 61,017.00 41,662.00 -140,136.00 151,353.00 81,769.00 23,565.00 -319,568.00 186,224.00 173,477.00 87,978.00 -254,382.00 158,194.00 96,506.00 29,070.00
   Other Operating Activities -171,666.00 -257,292.00 -153,823.00 462,264.00 -239,732.00 -236,880.00 -243,554.00 538,039.00 -373,561.00 -289,713.00 -227,813.00 1,028,790.00 -442,327.00 -500,599.00 -375,878.00 569,906.00 -256,031.00 -220,699.00 -130,409.00
Investing Cash Flow -123,636.00 -104,420.00 779.00 27,841.00 -64,708.00 -44,420.00 -24,672.00 60,628.00 -60,070.00 -45,913.00 -33,589.00 47,452.00 -37,253.00 -29,026.00 -17,766.00 -37,957.00 -37,252.00 -29,003.00 -18,535.00
   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 66,727.00 47,218.00 22,580.00 -46,418.00 64,964.00 44,652.00 24,672.00 -20,288.00 39,920.00 25,755.00 13,415.00 -30,857.00 38,342.00 29,112.00 17,852.00 -14,529.00 39,803.00 23,770.00 14,588.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 142.00 0 0
   Net Purchase/Sale of Business 80,384.00 80,621.00 0 0 0 0 0 -20,874.00 682.00 682.00 682.00 18,775.00 -973.00 0 0 117,942.00 6,613.00 6,613.00 5,309.00
   Other Investing Activities -270,747.00 -232,259.00 -21,801.00 74,259.00 -129,672.00 -89,072.00 -49,344.00 101,790.00 -100,672.00 -72,350.00 -47,686.00 59,534.00 -74,622.00 -58,138.00 -35,618.00 -141,228.00 -83,810.00 -59,386.00 -38,432.00
Financing Cash Flow -315,630.00 -106,673.00 -125,544.00 -671,540.00 92,578.00 202,314.00 -48,200.00 154,246.00 -338,269.00 -257,728.00 -41,245.00 155,552.00 -471,176.00 -357,231.00 101,453.00 38,574.00 -151,105.00 -130,464.00 -89,888.00
   Net Issuance/Repayment of Debt 196,427.00 102,737.00 8,974.00 -202,382.00 544,738.00 535,444.00 76,683.00 -447,439.00 421,043.00 364,106.00 131,330.00 -87,415.00 685,805.00 623,018.00 260,792.00 -1,220,507.00 634,159.00 622,739.00 611,537.00
   Net Issuance/Repurchase of Equity 0 0 0 505,211.00 0 0 0 450,878.00 0 0 0 276,067.00 0 152,001.00 0 33,632.00 147,152.00 147,152.00 268,370.00
   Dividends Paid 88,701.00 59,408.00 29,784.00 -55,623.00 81,768.00 54,829.00 27,492.00 -50,757.00 75,230.00 50,286.00 25,255.00 -46,308.00 68,942.00 46,069.00 23,134.00 -40,345.00 60,461.00 40,248.00 20,115.00
   Other Financing Activities -600,758.00 -268,818.00 -164,302.00 -918,746.00 -533,928.00 -387,959.00 -152,375.00 201,564.00 -834,542.00 -672,120.00 -197,830.00 13,208.00 -1,225,923.00 -1,178,319.00 -182,473.00 1,265,794.00 -992,877.00 -940,603.00 -989,910.00
Net Change in Cash 86,895.00 6,708.00 -84,329.00 -598,604.00 440,047.00 341,607.00 -98,433.00 303,462.00 -99,433.00 -166,259.00 -108,898.00 558,861.00 -294,387.00 -398,205.00 -30,594.00 -67,500.00 259,120.00 78,298.00 -31,267.00
   Cash at Beginning of Period 653,868.00 656,552.00 645,944.00 1,246,850.00 582,600.00 572,564.00 576,831.00 280,208.00 640,437.00 657,567.00 661,179.00 87,904.00 813,067.00 858,581.00 892,354.00 966,958.00 663,355.00 674,282.00 675,269.00
   Cash at End of Period 740,763.00 663,260.00 561,615.00 648,246.00 1,022,647.00 914,171.00 478,398.00 583,670.00 541,004.00 491,308.00 552,281.00 646,765.00 518,680.00 460,376.00 861,760.00 899,458.00 922,475.00 752,580.00 644,002.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0