Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -5.35 -8.42 -16.72 -33.40
Price to Sales 35.50 180.13
Book Value Per Common Share 1.29 3.07 4.75 6.70 5.79
Price to Book 8.23 5.38 8.28 10.57 48.97
Price to Operating Cash Flow -7.97 -20.17 -22.29 -43.41 -187.10
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 2021-03-31 2020-12-31
Price to Earnings -1.00 -0.60 -13.50 -14.36 -19.72 -36.34 -26.50 -55.00 -81.13 -29.34 -51.25 -120.33
Price to Sales 3.71 2.26 31.11 104.71 230.02 666.12 801.27 3928.57
Book Value Per Common Share 7.51 8.03 1.09 1.29 1.56 1.73 1.99 3.07 3.52 3.87 4.26 4.75 5.21 5.64 6.19 6.70 7.18 7.68 8.18 5.79
Price to Book 0.82 0.40 3.70 8.23 15.79 16.30 20.50 5.38 10.77 14.23 10.10 8.28 10.19 11.63 11.86 10.57 34.93 35.03 34.80 48.97
Price to Operating Cash Flow -0.42 -0.47 -9.57 -22.59 -35.22 -85.31 -87.29 -1206.14 -93.58 -38.55 -63.53 -118.06 -200.27 -313.23 -693.30
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 236.92
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 2021-03-31 2020-12-31
Earning YoY
Revenue YoY 16.80 8.77 92.69 100.79 103.15 243.86
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 2.78 4.10 4.80 6.66 5.67
Quick Ratio 5.32 6.82 14.59
Current Ratio 5.50 6.83 14.99 20.16 23.86
Debt to Equity 1.68 0.84 0.33 0.25 0.10
Long-Term Debt to Equity 1.28 0.65 0.26 0.20 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 2021-03-31 2020-12-31
Cash Per Common Share 13.35 21.09 2.35 2.77 2.78 3.26 3.33 3.99 4.55 4.99 4.79 4.69 5.22 5.47 5.91 6.59 7.02 7.53 8.04 5.67
Quick Ratio 4.28 7.31 8.11 5.32 6.20 7.25 6.82 8.89 11.88 12.77 14.59 17.41 19.40
Current Ratio 4.44 7.51 8.43 5.50 6.34 7.42 8.01 6.83 9.07 12.11 15.16 14.99 17.93 19.84 22.39 20.16 27.80 31.06 42.23 23.86
Debt to Equity 1.41 2.32 1.75 1.68 1.38 1.30 1.17 0.84 0.65 0.59 0.55 0.33 0.30 0.29 0.26 0.25 0.14 0.13 0.12 0.10
Long-Term Debt to Equity 0.99 1.96 1.48 1.28 1.09 1.04 0.95 0.65 0.50 0.49 0.46 0.26 0.25 0.24 0.21 0.20 0.10 0.10 0.10 0.06

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -56.95 -33.79 -36.31 -24.99 -27.37
ROE -152.74 -62.33 -48.37 -31.21 -30.04
Gross Margin
Operating Margin -661.91 -2144.51
EBITDA Margin -637.13 -2055.37
Net Profit Margin -661.91 -2144.51
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 -33.84 -19.91 -7.35 -44.33 -35.80 -26.07 -23.97 -15.60 -7.44 -25.88 -17.41 -7.88 -19.01 -11.48 -4.97
ROE -81.58 -66.03 -20.18 -105.60 -82.29 -56.47 -39.42 -24.84 -11.50 -33.76 -22.45 -9.92 -21.66 -13.00 -5.57
Gross Margin
Operating Margin -702.28 -1165.31 -1836.44 -3021.35 -7177.27
EBITDA Margin -678.37 -1133.72 -1804.11 -2891.21 -6876.70
Net Profit Margin -372.18 -376.53 -169.69 -702.28 -1165.31 -1836.44 -3021.35 -7177.27

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 231,197.00 374,758.00 376,264.00 476,771.00 294,155.00
   Current Assets 192,903.00 272,618.00 287,016.00 379,186.00 267,735.00
      Cash and Short-Term Investments 185,223.00 264,364.00 279,091.00 375,145.00 262,327.00
            Cash and Cash Equivalents 76,301.00 66,446.00 93,171.00 375,145.00 62,889.00
            Short-Term Investments 108,922.00 197,918.00 185,920.00 0 199,438.00
      Net Receivables 1,224.00 7,960.00 395.00 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 6,456.00 294.00 7,530.00 4,041.00 5,408.00
   Non-Current Assets 38,294.00 102,140.00 89,248.00 97,585.00 26,420.00
      Property, Plant, Equipment Net 35,603.00 147,851.00 81,423.00 91,029.00 73,481.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 10,858.00 3,341.00 20,005.00 0 4,456.00
      Other Non-Current Assets -8,167.00 -49,052.00 -12,180.00 6,556.00 -51,517.00
Liabilities 144,993.00 171,630.00 93,771.00 95,025.00 26,142.00
   Current Liabilities 35,055.00 39,914.00 19,150.00 18,808.00 11,220.00
      Payables and Expenses 7,383.00 15,554.00 8,632.00 9,602.00 6,417.00
            Account Payables 1,408.00 2,346.00 662.00 2,023.00 267.00
            Current Accrued Liabilities 5,975.00 13,208.00 7,970.00 7,579.00 6,150.00
      Short-Term Debt 25,970.00 8,120.00 7,086.00 4,608.00 0
      Other Current Liabilities 1,702.00 16,240.00 3,432.00 4,598.00 4,803.00
   Non-Current Liabilities 109,938.00 131,716.00 74,621.00 76,217.00 14,922.00
      Long-Term Debt 105,171.00 89,774.00 74,621.00 76,217.00 0
      Other Non-Current Liabilities 4,767.00 41,942.00 0.00 0.00 0
Equity 86,204.00 203,128.00 282,493.00 381,746.00 268,013.00
   Shareholders Equity 86,204.00 203,128.00 282,493.00 381,746.00 268,013.00
      Capital Stock 7.00 7.00 6.00 6.00 5.00
      Share Premium 789,083.00 774,224.00 727,335.00 689,866.00 456,974.00
      Retained Earnings -703,045.00 -571,377.00 -444,765.00 -308,126.00 -188,975.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 159.00 274.00 -83.00 0 9.00
   Minority Interest 0 0 0 0 0
Investments 108,922.00 197,918.00 185,920.00 0 199,438.00
Debt 131,141.00 97,894.00 81,707.00 80,825.00 33,400.00
Common Shares Outstanding 66,971.98 66,205.55 59,505.44 56,969.62 46,291.88
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 19,892.00 5,904.00 0 0 0
Operating Expenses 162,282.00 144,467.00 141,182.00 119,101.00 81,114.00
   Selling, General and Administrative Expenses 37,780.00 50,850.00 44,464.00 33,854.00 22,582.00
   Research and Development Expenses 61,305.00 94,317.00 96,918.00 85,447.00 58,732.00
   Other Operating Expenses 63,197.00 -700.00 -200.00 -200.00 -200.00
Operating Income -142,390.00 -138,563.00 -141,182.00 -119,101.00 -81,114.00
Net Non-Operating Income 10,722.00 11,951.00 4,543.00 -50.00 591.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
EBT -131,668.00 -126,612.00 -136,639.00 -119,151.00 -80,523.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -131,668.00 -126,612.00 -136,639.00 -119,151.00 -80,523.00
Net Income Non-Controlling Interests 0.00 0.00 0.00 0.00 0.00
Net Income -131,668.00 -126,612.00 -136,639.00 -119,151.00 -80,523.00
EBIT -131,668.00 -126,612.00 -136,639.00 -119,151.00 -80,523.00
Deprecation and Amortization 4,931.00 5,263.00 5,130.00 4,532.00 3,432.00
EBITDA -126,737.00 -121,349.00 -131,509.00 -114,619.00 -77,091.00
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 66,624.25 64,483.52 58,114.89 56,295.41 0
Average Shares Outstanding Diluted 66,624.25 64,483.52 58,114.89 56,295.41 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -88,563.00 -52,745.00 -102,448.00 -91,821.00 -70,142.00
   Operating Net Income -131,668.00 -126,612.00 -136,639.00 -119,151.00 -80,523.00
   Deprecation and Amortization 4,931.00 5,263.00 5,130.00 4,532.00 3,432.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 14,609.00 24,341.00 24,452.00 17,857.00 8,412.00
   Change in Working Capital -21,057.00 54,281.00 4,279.00 1,170.00 2,698.00
   Other Operating Activities 44,622.00 -10,018.00 330.00 3,771.00 -4,161.00
Investing Cash Flow 94,529.00 -9,698.00 -192,515.00 193,047.00 -205,196.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 2,597.00 7,397.00 8,801.00 6,063.00 5,518.00
   Net Purchase/Sale of Investments Net 367,266.00 808,301.00 463,714.00 198,900.00 286,678.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -275,334.00 -825,396.00 -665,030.00 -11,916.00 -497,392.00
Financing Cash Flow 250.00 35,817.00 12,989.00 214,671.00 323,095.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 436.00 36,546.00 13,620.00 215,626.00 326,321.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -186.00 -729.00 -631.00 -955.00 -3,226.00
Net Change in Cash 6,216.00 -26,626.00 -281,974.00 315,897.00 47,757.00
   Cash at Beginning of Period 72,237.00 98,863.00 380,837.00 64,940.00 17,183.00
   Cash at End of Period 78,453.00 72,237.00 98,863.00 380,837.00 64,940.00
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 121,896.00 179,432.00 201,348.00 231,197.00 248,784.00 265,264.00 285,879.00 374,758.00 381,492.00 404,883.00 431,417.00 376,264.00 402,799.00 418,994.00 444,026.00 476,771.00 464,033.00 490,792.00 514,081.00 294,155.00
   Current Assets 93,462.00 145,502.00 165,119.00 192,903.00 191,254.00 223,281.00 226,851.00 272,618.00 297,809.00 320,623.00 344,733.00 287,016.00 310,558.00 321,131.00 341,563.00 379,186.00 403,270.00 432,741.00 455,785.00 267,735.00
      Cash and Short-Term Investments 89,622.00 141,363.00 157,559.00 185,223.00 184,770.00 216,942.00 221,487.00 264,364.00 291,025.00 314,143.00 288,649.00 279,091.00 301,169.00 312,204.00 336,978.00 375,145.00 398,363.00 425,193.00 451,083.00 262,327.00
            Cash and Cash Equivalents 21,940.00 49,094.00 50,891.00 76,301.00 21,657.00 28,499.00 37,710.00 66,446.00 93,360.00 144,970.00 95,650.00 93,171.00 134,487.00 158,265.00 336,978.00 375,145.00 388,347.00 392,072.00 366,304.00 62,889.00
            Short-Term Investments 67,682.00 92,269.00 106,668.00 108,922.00 163,113.00 188,443.00 183,777.00 197,918.00 197,665.00 169,173.00 192,999.00 185,920.00 166,682.00 153,939.00 0 0 10,016.00 33,121.00 84,779.00 199,438.00
      Net Receivables 391.00 256.00 1,392.00 1,224.00 2,212.00 1,337.00 0 7,960.00 660.00 340.00 1,814.00 395.00 395.00 1,778.00 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 3,449.00 3,883.00 6,168.00 6,456.00 4,272.00 5,002.00 5,364.00 294.00 6,124.00 6,140.00 54,270.00 7,530.00 8,994.00 7,149.00 4,585.00 4,041.00 4,907.00 7,548.00 4,702.00 5,408.00
   Non-Current Assets 28,434.00 33,930.00 36,229.00 38,294.00 57,530.00 41,983.00 59,028.00 102,140.00 83,683.00 84,260.00 86,684.00 89,248.00 92,241.00 97,863.00 102,463.00 97,585.00 60,763.00 58,051.00 58,296.00 26,420.00
      Property, Plant, Equipment Net 26,282.00 31,711.00 33,807.00 35,603.00 37,230.00 39,198.00 41,556.00 147,851.00 76,790.00 77,802.00 79,975.00 81,423.00 84,561.00 87,843.00 90,728.00 91,029.00 54,214.00 55,597.00 55,908.00 73,481.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 15,042.00 0 14,634.00 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 10,858.00 0 0 0 3,341.00 0 0 0 20,005.00 0 0 0 0 0 0 0 4,456.00
      Other Non-Current Assets 2,152.00 2,219.00 2,422.00 -8,167.00 5,258.00 2,785.00 2,838.00 -49,052.00 6,893.00 6,458.00 6,709.00 -12,180.00 7,680.00 10,020.00 11,735.00 6,556.00 6,549.00 2,454.00 2,388.00 -51,517.00
Liabilities 71,336.00 125,331.00 128,016.00 144,993.00 144,342.00 149,857.00 153,888.00 171,630.00 149,578.00 150,596.00 152,278.00 93,771.00 94,050.00 94,120.00 91,111.00 95,025.00 56,823.00 57,390.00 55,345.00 26,142.00
   Current Liabilities 21,040.00 19,370.00 19,597.00 35,055.00 30,165.00 30,103.00 28,311.00 39,914.00 32,819.00 26,479.00 22,737.00 19,150.00 17,318.00 16,185.00 15,254.00 18,808.00 14,506.00 13,931.00 10,794.00 11,220.00
      Payables and Expenses 12,399.00 5,078.00 4,607.00 7,383.00 6,164.00 5,790.00 5,524.00 15,554.00 8,459.00 6,671.00 4,519.00 8,632.00 8,098.00 5,720.00 4,939.00 9,602.00 5,683.00 4,340.00 3,046.00 6,417.00
            Account Payables 2,064.00 2,232.00 2,262.00 1,408.00 1,659.00 1,910.00 1,482.00 2,346.00 2,650.00 2,328.00 1,504.00 662.00 1,693.00 1,087.00 1,547.00 2,023.00 520.00 589.00 296.00 267.00
            Current Accrued Liabilities 10,335.00 2,846.00 2,345.00 5,975.00 4,505.00 3,880.00 4,042.00 13,208.00 5,809.00 4,343.00 3,015.00 7,970.00 6,405.00 4,633.00 3,392.00 7,579.00 5,163.00 3,751.00 2,750.00 6,150.00
      Short-Term Debt 6,352.00 13,352.00 12,863.00 25,970.00 16,504.00 14,186.00 13,770.00 8,120.00 8,721.00 8,135.00 7,905.00 7,086.00 6,630.00 6,119.00 4,780.00 4,608.00 4,359.00 4,287.00 4,217.00 0
      Other Current Liabilities 2,289.00 940.00 2,127.00 1,702.00 7,497.00 10,127.00 9,017.00 16,240.00 15,639.00 11,673.00 10,313.00 3,432.00 2,590.00 4,346.00 5,535.00 4,598.00 4,464.00 5,304.00 3,531.00 4,803.00
   Non-Current Liabilities 50,296.00 105,961.00 108,419.00 109,938.00 114,177.00 119,754.00 125,577.00 131,716.00 116,759.00 124,117.00 129,541.00 74,621.00 76,732.00 77,935.00 75,857.00 76,217.00 42,317.00 43,459.00 44,551.00 14,922.00
      Long-Term Debt 19,744.00 75,572.00 78,114.00 105,171.00 109,078.00 112,926.00 116,630.00 89,774.00 70,993.00 72,497.00 74,456.00 74,621.00 76,732.00 77,935.00 75,857.00 76,217.00 42,317.00 43,459.00 44,551.00 0
      Other Non-Current Liabilities 30,552.00 30,389.00 30,305.00 4,767.00 5,099.00 6,828.00 8,947.00 41,942.00 45,766.00 51,620.00 55,085.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0
Equity 50,560.00 54,101.00 73,332.00 86,204.00 104,442.00 115,407.00 131,991.00 203,128.00 231,914.00 254,287.00 279,139.00 282,493.00 308,749.00 324,874.00 352,915.00 381,746.00 407,210.00 433,402.00 458,736.00 268,013.00
   Shareholders Equity 50,560.00 54,101.00 73,332.00 86,204.00 104,442.00 115,407.00 131,991.00 203,128.00 231,914.00 254,287.00 279,139.00 282,493.00 308,749.00 324,874.00 352,915.00 381,746.00 407,210.00 433,402.00 458,736.00 268,013.00
      Capital Stock 1.00 1.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 7.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 5.00
      Share Premium 794,841.00 792,866.00 791,087.00 789,083.00 785,779.00 782,030.00 778,099.00 774,224.00 768,102.00 762,228.00 755,957.00 727,335.00 721,405.00 706,261.00 696,034.00 689,866.00 684,387.00 678,720.00 673,257.00 456,974.00
      Retained Earnings -744,290.00 -738,770.00 -717,847.00 -703,045.00 -681,663.00 -666,350.00 -645,918.00 -571,377.00 -536,191.00 -507,925.00 -476,859.00 -444,765.00 -412,360.00 -381,054.00 -343,125.00 -308,126.00 -277,183.00 -245,328.00 -214,537.00 -188,975.00
      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 8.00 4.00 85.00 159.00 319.00 -280.00 -197.00 274.00 -4.00 -23.00 34.00 -83.00 -302.00 -339.00 0 0 0 4.00 10.00 9.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 67,682.00 92,269.00 106,668.00 108,922.00 178,155.00 188,443.00 198,411.00 197,918.00 197,665.00 169,173.00 192,999.00 185,920.00 166,682.00 153,939.00 0 0 10,016.00 33,121.00 84,779.00 199,438.00
Debt 26,096.00 88,924.00 90,977.00 131,141.00 125,582.00 127,112.00 130,400.00 97,894.00 79,714.00 80,632.00 82,361.00 81,707.00 83,362.00 84,054.00 80,637.00 80,825.00 46,676.00 47,746.00 48,768.00 33,400.00
Common Shares Outstanding 6,735.68 6,733.41 67,008.51 66,971.98 66,753.51 66,702.73 66,479.10 66,205.55 65,927.96 65,784.25 65,535.66 59,505.44 59,275.17 57,597.14 57,004.13 56,969.62 56,732.46 56,431.51 56,094.53 46,291.88
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 11,082.00 9,488.00 8,723.00 -8,021.00 15,704.00 8,150.00 4,059.00 1,998.00 3,026.00 880.00 0 0 0 0 0 0 0 0 0
Operating Expenses 57,312.00 49,010.00 25,329.00 -163,035.00 134,531.00 109,093.00 81,693.00 -63,232.00 103,168.00 69,665.00 34,866.00 -74,481.00 106,494.00 73,825.00 35,344.00 -51,206.00 88,155.00 56,497.00 25,655.00
   Selling, General and Administrative Expenses 28,664.00 16,502.00 8,834.00 -21,715.00 29,124.00 19,943.00 10,428.00 -25,323.00 37,474.00 25,833.00 12,866.00 -16,615.00 31,383.00 19,906.00 9,790.00 -12,891.00 24,755.00 15,088.00 6,902.00
   Research and Development Expenses 52,486.00 30,856.00 15,357.00 -29,564.00 45,811.00 30,723.00 14,335.00 -37,209.00 65,694.00 43,832.00 22,000.00 -57,666.00 75,111.00 53,919.00 25,554.00 -38,115.00 63,400.00 41,409.00 18,753.00
   Other Operating Expenses -23,838.00 1,652.00 1,138.00 -111,756.00 59,596.00 58,427.00 56,930.00 -700.00 0.00 0.00 0.00 -200.00 0.00 0.00 0.00 -200.00 0.00 0.00 0.00
Operating Income -46,230.00 -39,522.00 -16,606.00 155,014.00 -118,827.00 -100,943.00 -77,634.00 65,230.00 -100,142.00 -68,785.00 -34,866.00 74,481.00 -106,494.00 -73,825.00 -35,344.00 51,206.00 -88,155.00 -56,497.00 -25,655.00
Net Non-Operating Income 0 0 0 -6,882.00 8,541.00 5,970.00 3,093.00 -5,162.00 8,716.00 5,625.00 2,772.00 1,041.00 2,260.00 897.00 345.00 -234.00 -53.00 144.00 93.00
Interest Expense 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
EBT 0 0 0 148,132.00 -110,286.00 -94,973.00 -74,541.00 60,068.00 -91,426.00 -63,160.00 -32,094.00 75,522.00 -104,234.00 -72,928.00 -34,999.00 50,972.00 -88,208.00 -56,353.00 -25,562.00
Income Tax 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 Including Non-Controlling Interests 0 0 -14,802.00 148,132.00 -110,286.00 -94,973.00 -74,541.00 60,068.00 -91,426.00 -63,160.00 -32,094.00 75,522.00 -104,234.00 -72,928.00 -34,999.00 50,972.00 -88,208.00 -56,353.00 -25,562.00
Net Income Non-Controlling Interests 0 0 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 -41,245.00 -35,725.00 -14,802.00 148,132.00 -110,286.00 -94,973.00 -74,541.00 60,068.00 -91,426.00 -63,160.00 -32,094.00 75,522.00 -104,234.00 -72,928.00 -34,999.00 50,972.00 -88,208.00 -56,353.00 -25,562.00
EBIT 0 0 0 148,132.00 -110,286.00 -94,973.00 -74,541.00 60,068.00 -91,426.00 -63,160.00 -32,094.00 75,522.00 -104,234.00 -72,928.00 -34,999.00 50,972.00 -88,208.00 -56,353.00 -25,562.00
Deprecation and Amortization 3,674.00 2,270.00 1,136.00 -2,711.00 3,755.00 2,575.00 1,312.00 -2,650.00 3,938.00 2,645.00 1,330.00 -2,271.00 3,784.00 2,420.00 1,197.00 -2,093.00 3,367.00 2,194.00 1,064.00
EBITDA 0 0 0 145,421.00 -106,531.00 -92,398.00 -73,229.00 57,418.00 -87,488.00 -60,515.00 -30,764.00 73,251.00 -100,450.00 -70,508.00 -33,802.00 48,879.00 -84,841.00 -54,159.00 -24,498.00
EPS -0.01 -0.01 -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 0 0
Diluted EPS -0.01 -0.01 -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 0 0
Average Shares Outstanding Basic 6,713.23 6,701.93 67,002.51 67,012.71 66,568.33 66,482.32 66,433.64 70,794.94 63,951.51 62,957.56 60,230.08 60,675.53 57,679.64 57,107.92 56,996.50 56,295.41 0 0 0
Average Shares Outstanding Diluted 6,713.23 6,701.93 67,002.51 67,012.71 66,568.33 66,482.32 66,433.64 70,794.94 63,951.51 62,957.56 60,230.08 60,675.53 57,679.64 57,107.92 56,996.50 56,295.41 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
Operating Cash Flow -97,868.00 -45,188.00 -28,360.00 69,145.00 -72,779.00 -53,232.00 -31,697.00 5,570.00 -27,767.00 -2,871.00 -27,677.00 71,400.00 -79,445.00 -58,968.00 -35,435.00 50,689.00 -71,019.00 -48,464.00 -23,027.00
   Operating Net Income -41,245.00 -35,725.00 -14,802.00 148,132.00 -110,286.00 -94,973.00 -74,541.00 123,228.00 -91,426.00 -126,320.00 -32,094.00 75,522.00 -104,234.00 -72,928.00 -34,999.00 50,972.00 -88,208.00 -56,353.00 -25,562.00
   Deprecation and Amortization 3,674.00 2,270.00 1,136.00 -2,711.00 3,755.00 2,575.00 1,312.00 -2,650.00 3,938.00 2,645.00 1,330.00 -2,271.00 3,784.00 2,420.00 1,197.00 -2,093.00 3,367.00 2,194.00 1,064.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 5,681.00 3,704.00 2,011.00 -8,537.00 11,449.00 7,697.00 4,000.00 -12,507.00 18,293.00 12,289.00 6,266.00 -12,976.00 18,605.00 12,757.00 6,066.00 -6,304.00 12,826.00 7,856.00 3,479.00
   Change in Working Capital -58,128.00 -21,851.00 -19,908.00 15,525.00 -18,911.00 -11,320.00 -6,351.00 -126,203.00 41,529.00 44,361.00 94,594.00 -15,711.00 8,182.00 8,856.00 2,952.00 -2,131.00 770.00 3,046.00 -515.00
   Other Operating Activities -7,850.00 6,414.00 3,203.00 -83,264.00 41,214.00 42,789.00 43,883.00 23,702.00 -101.00 64,154.00 -97,773.00 26,836.00 -5,782.00 -10,073.00 -10,651.00 10,245.00 226.00 -5,207.00 -1,493.00
Investing Cash Flow 43,436.00 17,908.00 2,957.00 59,300.00 24,245.00 11,537.00 -553.00 -15,097.00 -7,784.00 18,799.00 -5,616.00 145,893.00 -174,119.00 -161,505.00 -2,784.00 -270,037.00 185,882.00 163,717.00 113,485.00
   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 1,180.00 939.00 276.00 -3,529.00 2,172.00 2,036.00 1,918.00 1,618.00 2,817.00 2,207.00 755.00 -9,570.00 8,119.00 7,468.00 2,784.00 -263.00 3,228.00 2,183.00 915.00
   Net Purchase/Sale of Investments Net 176,334.00 121,621.00 86,827.00 -251,885.00 257,881.00 186,635.00 174,635.00 -304,521.00 586,967.00 354,994.00 170,861.00 33,677.00 276,000.00 154,037.00 0 -270,300.00 188,900.00 165,900.00 114,400.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -134,078.00 -104,652.00 -84,146.00 314,714.00 -235,808.00 -177,134.00 -177,106.00 287,806.00 -597,568.00 -338,402.00 -177,232.00 121,786.00 -458,238.00 -323,010.00 -5,568.00 526.00 -6,246.00 -4,366.00 -1,830.00
Financing Cash Flow 71.00 73.00 -7.00 160.00 106.00 109.00 -125.00 -71,566.00 35,740.00 35,871.00 35,772.00 -3,562.00 12,906.00 3,593.00 52.00 -426,452.00 214,236.00 213,930.00 212,957.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 81.00 81.00 0 -107.00 278.00 265.00 0 -72,188.00 36,367.00 36,367.00 36,000.00 -3,475.00 13,350.00 3,643.00 102.00 -427,427.00 215,178.00 214,480.00 213,395.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -10.00 -8.00 -7.00 267.00 -172.00 -156.00 -125.00 622.00 -627.00 -496.00 -228.00 -87.00 -444.00 -50.00 -50.00 975.00 -942.00 -550.00 -438.00
Net Change in Cash -54,361.00 -27,207.00 -25,410.00 128,605.00 -48,428.00 -41,586.00 -32,375.00 -81,093.00 189.00 51,799.00 2,479.00 213,731.00 -240,658.00 -216,880.00 -38,167.00 -645,800.00 329,099.00 329,183.00 303,415.00
   Cash at Beginning of Period 78,453.00 78,453.00 78,453.00 -50,152.00 72,237.00 72,237.00 72,237.00 153,330.00 98,863.00 98,863.00 98,863.00 -114,868.00 380,837.00 380,837.00 380,837.00 1,026,637.00 64,940.00 64,940.00 64,940.00
   Cash at End of Period 24,092.00 51,246.00 53,043.00 78,453.00 23,809.00 30,651.00 39,862.00 72,237.00 99,052.00 150,662.00 101,342.00 98,863.00 140,179.00 163,957.00 342,670.00 380,837.00 394,039.00 394,123.00 368,355.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0