GBTG
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -30.93 | -25.80 | -13.50 | |
| Price to Sales | 1.77 | 0.71 | 0.19 | |
| Book Value Per Common Share | 2.27 | 4.80 | 2.96 | -1.91 |
| Price to Book | 4.09 | 1.34 | 2.28 | |
| Price to Operating Cash Flow | 15.78 | 10.02 | -0.88 | |
| Price to Free Cash Flow | ||||
| Enterprise Value to EBITDA | 284364.52 | 360743.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 134.67 | 33.16 | 45.38 | -29.58 | 660.00 | -150.25 | -61.11 | -26.78 | -221.00 | 283.00 | 14.34 | ||
| Price to Sales | 1.99 | 2.36 | 5.45 | 1.94 | 2.47 | 4.55 | 0.57 | 0.38 | 0.69 | 0.21 | 0.37 | ||
| Book Value Per Common Share | 2.91 | 2.51 | 2.34 | 2.34 | 2.57 | 2.48 | 6.89 | 2.90 | 2.68 | 1.56 | 1.76 | -2.02 | -1.39 |
| Price to Book | 2.78 | 2.51 | 3.10 | 3.28 | 2.57 | 2.43 | 0.80 | 2.50 | 2.47 | 3.64 | 3.59 | ||
| Price to Operating Cash Flow | 21.17 | 26.82 | 63.80 | 17.19 | 25.05 | 56.59 | 9.61 | -14.25 | -5.20 | -0.71 | -1.00 | ||
| Price to Free Cash Flow | |||||||||||||
| Enterprise Value to EBITDA | 145042.51 | 116049.48 | 217215.43 | 217732.82 | 184681.95 | 322802.49 | 67567.64 | 61407.37 | 89009.88 | 2768128.05 | 257136.07 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 5.81 | 23.72 | ||
| EBITDA YoY | 235.56 | |||
| Net Profit YoY | 1418.97 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | -68.42 | 18.75 | -95.45 | ||||||||||
| Revenue YoY | 53.83 | 101.61 | 48.34 | 102.46 | 48.80 | 102.42 | 58.37 | ||||||
| EBITDA YoY | 12.69 | 62.50 | -1.78 | 92.05 | 105.56 | 60.00 | -91.67 | ||||||
| Net Profit YoY | -70.45 | 17.33 | -95.24 | 51.60 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.16 | 1.89 | 5.91 | 0.00 |
| Quick Ratio | 1.54 | 1.55 | 1.38 | |
| Current Ratio | 1.64 | 1.64 | 1.60 | 0.05 |
| Debt to Equity | 2.43 | 2.09 | 1.72 | 0.14 |
| Long-Term Debt to Equity | 1.69 | 1.41 | 1.16 | 0.12 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.90 | 1.28 | 1.18 | 1.13 | 1.11 | 1.03 | 2.38 | 5.48 | 5.30 | 6.38 | 9.13 | 0.00 | 0.01 |
| Quick Ratio | 1.11 | 1.57 | 1.50 | 1.46 | 1.51 | 1.38 | 1.47 | 1.50 | 1.42 | 1.31 | 1.46 | ||
| Current Ratio | 1.23 | 1.66 | 1.60 | 1.56 | 1.65 | 1.50 | 1.59 | 1.64 | 1.64 | 1.55 | 1.65 | 0.03 | 0.12 |
| Debt to Equity | 2.10 | 2.21 | 2.36 | 2.39 | 2.11 | 2.27 | 2.09 | 1.97 | 1.92 | 2.17 | 2.04 | 0.15 | 0.10 |
| Long-Term Debt to Equity | 1.24 | 1.45 | 1.55 | 1.59 | 1.38 | 1.43 | 1.36 | 1.29 | 1.27 | 1.45 | 1.43 | 0.12 | 0.08 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -3.81 | -1.68 | -0.67 | 0.76 |
| ROE | -13.06 | -5.20 | -1.82 | 0.86 |
| Gross Margin | ||||
| Operating Margin | -1.11 | -6.51 | -25.72 | |
| EBITDA Margin | 6.23 | 1.97 | -15.88 | |
| Net Profit Margin | -5.70 | -2.75 | -1.35 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.55 | 2.27 | 1.98 | -3.25 | 0.19 | -0.50 | -0.41 | -0.40 | -0.05 | 0.03 | 0.55 | -0.65 | 4.00 |
| ROE | 1.69 | 7.29 | 6.65 | -11.03 | 0.57 | -1.62 | -1.27 | -1.19 | -0.15 | 0.09 | 1.66 | -0.75 | 4.39 |
| Gross Margin | |||||||||||||
| Operating Margin | 8.36 | 14.14 | 19.32 | 1.53 | 5.99 | 6.72 | 0.17 | -1.97 | -0.17 | -10.05 | -9.21 | ||
| EBITDA Margin | 15.21 | 20.77 | 25.76 | 9.06 | 13.68 | 14.43 | 8.50 | 6.15 | 7.79 | 0.08 | 1.44 | ||
| Net Profit Margin | 1.35 | 7.03 | 12.08 | -6.66 | 0.57 | -3.11 | -0.92 | -1.37 | -0.35 | 0.08 | 2.51 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 3,624,000.00 | 3,751,000.00 | 3,728,000.00 | 818,013.73 | 818,368.66 |
| Current Assets | 1,281,000.00 | 1,360,000.00 | 1,234,000.00 | 657.19 | 1,383.13 |
| Cash and Short-Term Investments | 536,000.00 | 476,000.00 | 303,000.00 | 161.28 | 257.87 |
| Cash and Cash Equivalents | 536,000.00 | 476,000.00 | 303,000.00 | 161.28 | 257.87 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 663,000.00 | 808,000.00 | 765,000.00 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 82,000.00 | 76,000.00 | 166,000.00 | 495.92 | 1,125.26 |
| Non-Current Assets | 2,343,000.00 | 2,391,000.00 | 2,494,000.00 | 817,356.54 | 816,985.53 |
| Property, Plant, Equipment Net | 291,000.00 | 282,000.00 | 276,000.00 | 0 | 0 |
| Goodwill | 1,201,000.00 | 1,212,000.00 | 1,188,000.00 | 0 | 0 |
| Intangible Assets | 480,000.00 | 552,000.00 | 636,000.00 | 0 | 0 |
| Long-Term Investments | 14,000.00 | 14,000.00 | 14,000.00 | 0 | 0 |
| Non-Current Deferred Assets | 268,000.00 | 281,000.00 | 333,000.00 | 0 | 0 |
| Other Non-Current Assets | 89,000.00 | 50,000.00 | 47,000.00 | 0 | 0 |
| Liabilities | 2,567,000.00 | 2,539,000.00 | 2,357,000.00 | 98,932.52 | 30,845.03 |
| Current Liabilities | 780,000.00 | 831,000.00 | 773,000.00 | 14,400.64 | 2,256.68 |
| Payables and Expenses | 452,000.00 | 514,000.00 | 449,000.00 | 6,560.43 | 383.17 |
| Account Payables | 278,000.00 | 330,000.00 | 253,000.00 | 0 | 0 |
| Current Accrued Liabilities | 174,000.00 | 184,000.00 | 196,000.00 | 0 | 0 |
| Short-Term Debt | 34,000.00 | 31,000.00 | 23,000.00 | 5,800.00 | 1,500.00 |
| Other Current Liabilities | 294,000.00 | 286,000.00 | 301,000.00 | 2,040.21 | 373.52 |
| Non-Current Liabilities | 1,787,000.00 | 1,708,000.00 | 1,584,000.00 | 84,531.88 | 28,588.35 |
| Long-Term Debt | 1,428,000.00 | 2,765,000.00 | 2,499,000.00 | 0 | 0 |
| Other Non-Current Liabilities | 359,000.00 | -1,057,000.00 | -915,000.00 | 0 | 0 |
| Equity | 1,057,000.00 | 1,212,000.00 | 1,371,000.00 | 719,081.21 | 787,523.63 |
| Shareholders Equity | 1,051,000.00 | 1,208,000.00 | 152,000.00 | -195,457.58 | 5,000.01 |
| Capital Stock | 0 | 0 | 0 | 1.02 | 1.19 |
| Share Premium | 2,827,000.00 | 2,748,000.00 | 334,000.00 | 0 | 5,437.03 |
| Retained Earnings | -1,575,000.00 | -1,437,000.00 | -175,000.00 | -97,729.81 | -438.21 |
| Treasury Shares | 55,000.00 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -145,000.00 | -103,000.00 | -7,000.00 | 0 | 0 |
| Minority Interest | 6,000.00 | 4,000.00 | 1,585,000.00 | 0 | 0 |
| Investments | 14,000.00 | 14,000.00 | 14,000.00 | 0 | 0 |
| Debt | 1,462,000.00 | 2,796,000.00 | 2,522,000.00 | 5,800.00 | 1,500.00 |
| Net Debt | 926,000.00 | 2,320,000.00 | 2,219,000.00 | 5,638.72 | 1,242.13 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 2,423,000.00 | 2,290,000.00 | 1,851,000.00 | 0.00 | 0.00 |
| Operating Expenses | 4,256,000.00 | 2,298,000.00 | 2,049,000.00 | 12,864.43 | 583.28 |
| Selling, General and Administrative Expenses | 2,136,000.00 | 1,104,000.00 | 1,038,000.00 | 12,663.78 | 536.61 |
| Other Operating Expenses | 2,120,000.00 | 1,194,000.00 | 1,011,000.00 | 200.65 | 46.67 |
| Operating Income | 115,000.00 | -8,000.00 | -198,000.00 | 0 | 0 |
| Net Non-Operating Income | -257,000.00 | -282,000.00 | -376,000.00 | 0 | 0 |
| Interest Income | 109,000.00 | 142,000.00 | 0 | 376.47 | 175.95 |
| Interest Expense | 115,000.00 | 141,000.00 | 98,000.00 | 5.46 | 0.41 |
| Net Interest | -6,000.00 | 1,000.00 | 0 | 371.00 | 175.53 |
| EBT | -142,000.00 | -290,000.00 | -574,000.00 | 0 | 0 |
| Income Tax | 66,000.00 | 9,000.00 | 61,000.00 | 0.00 | 0.00 |
| Equity Method Investments Income | 3,000.00 | 0 | -3,000.00 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -142,000.00 | 10,000.00 | 179,000.00 | 0 | 0 |
| Net Income Non-Controlling Interests | 4,000.00 | -73,000.00 | -204,000.00 | 0 | 0 |
| Net Income | -138,000.00 | -63,000.00 | -25,000.00 | 6,199.89 | 408.16 |
| EBIT | -27,000.00 | -149,000.00 | -476,000.00 | 0 | 0 |
| Deprecation and Amortization | 178,000.00 | 194,000.00 | 182,000.00 | 0.00 | 0.00 |
| EBITDA | 151,000.00 | 45,000.00 | -294,000.00 | 0 | 0 |
| 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 | 462,695.23 | 251,645.50 | 51,266.57 | 102,101.25 | 0 |
| Average Shares Outstanding Diluted | 462,695.23 | 458,055.53 | 445,715.05 | 102,101.25 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 272,000.00 | 162,000.00 | -394,000.00 | -4,024.83 | -2,441.25 |
| Operating Net Income | -540,000.00 | -335,000.00 | -229,000.00 | 6,199.89 | -408.16 |
| Deprecation and Amortization | 178,000.00 | 194,000.00 | 182,000.00 | 0 | 0 |
| Deferred Income Tax | 34,000.00 | -60,000.00 | -195,000.00 | 0 | 0 |
| Share Based Compensation | 77,000.00 | 75,000.00 | 39,000.00 | 0 | 0 |
| Change in Working Capital | -117,000.00 | -37,000.00 | 585,000.00 | 5,550.39 | 361.64 |
| Other Operating Activities | 640,000.00 | 325,000.00 | -776,000.00 | -15,775.11 | -2,394.73 |
| Investing Cash Flow | -102,000.00 | -119,000.00 | -95,000.00 | 0 | -816,810.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 107,000.00 | 113,000.00 | 94,000.00 | 0 | 0 |
| Net Purchase/Sale of Investments Net | -5,000.00 | 6,000.00 | 1,000.00 | 0 | 816,810.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -204,000.00 | -238,000.00 | -190,000.00 | 0 | -1,633,620.00 |
| Financing Cash Flow | -85,000.00 | 120,000.00 | 292,000.00 | 3,928.23 | 819,509.12 |
| Net Issuance/Repayment of Debt | 2,769,000.00 | 136,000.00 | 205,000.00 | 4,671.77 | 1,500.00 |
| Net Issuance/Repurchase of Equity | 55,000.00 | 0 | 168,000.00 | 0 | 835,146.20 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -2,909,000.00 | -16,000.00 | -81,000.00 | -743.53 | -17,137.08 |
| Net Change in Cash | 72,000.00 | 173,000.00 | -209,000.00 | -96.59 | 257.87 |
| Cash at Beginning of Period | 489,000.00 | 316,000.00 | 525,000.00 | 257.87 | 0 |
| Cash at End of Period | 561,000.00 | 489,000.00 | 316,000.00 | 161.28 | 257.87 |
| 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 | 4,760,000.00 | 3,871,000.00 | 3,785,000.00 | 3,624,000.00 | 3,752,000.00 | 3,782,000.00 | 3,835,000.00 | 3,751,000.00 | 3,880,000.00 | 3,980,000.00 | 3,949,000.00 | 3,728,000.00 | 3,700,000.00 | 3,851,000.00 | 818,094.86 | 818,013.73 | 818,756.67 | 818,575.85 | 818,433.67 | 818,368.66 |
| Current Assets | 1,622,000.00 | 1,517,000.00 | 1,455,000.00 | 1,281,000.00 | 1,394,000.00 | 1,448,000.00 | 1,476,000.00 | 1,360,000.00 | 1,469,000.00 | 1,487,000.00 | 1,450,000.00 | 1,234,000.00 | 1,298,000.00 | 1,284,000.00 | 416.44 | 657.19 | 1,529.07 | 1,414.13 | 1,306.62 | 1,383.13 |
| Cash and Short-Term Investments | 427,000.00 | 601,000.00 | 552,000.00 | 536,000.00 | 524,000.00 | 515,000.00 | 475,000.00 | 476,000.00 | 432,000.00 | 335,000.00 | 320,000.00 | 303,000.00 | 312,000.00 | 446,000.00 | 80.24 | 161.28 | 871.52 | 598.77 | 331.54 | 257.87 |
| Cash and Cash Equivalents | 427,000.00 | 601,000.00 | 552,000.00 | 536,000.00 | 524,000.00 | 515,000.00 | 475,000.00 | 476,000.00 | 432,000.00 | 335,000.00 | 320,000.00 | 303,000.00 | 312,000.00 | 446,000.00 | 80.24 | 161.28 | 871.52 | 598.77 | 331.54 | 257.87 |
| 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 | 1,035,000.00 | 837,000.00 | 811,000.00 | 663,000.00 | 779,000.00 | 812,000.00 | 884,000.00 | 808,000.00 | 929,000.00 | 1,027,000.00 | 928,000.00 | 765,000.00 | 781,000.00 | 688,000.00 | 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 | 160,000.00 | 79,000.00 | 92,000.00 | 82,000.00 | 91,000.00 | 121,000.00 | 117,000.00 | 76,000.00 | 108,000.00 | 125,000.00 | 202,000.00 | 166,000.00 | 205,000.00 | 150,000.00 | 336.19 | 495.92 | 657.55 | 815.36 | 975.08 | 1,125.26 |
| Non-Current Assets | 3,138,000.00 | 2,354,000.00 | 2,330,000.00 | 2,343,000.00 | 2,358,000.00 | 2,334,000.00 | 2,359,000.00 | 2,391,000.00 | 2,411,000.00 | 2,493,000.00 | 2,499,000.00 | 2,494,000.00 | 2,402,000.00 | 2,567,000.00 | 817,678.43 | 817,356.54 | 817,227.60 | 817,161.72 | 817,127.05 | 816,985.53 |
| Property, Plant, Equipment Net | 372,000.00 | 293,000.00 | 291,000.00 | 291,000.00 | 294,000.00 | 280,000.00 | 284,000.00 | 282,000.00 | 278,000.00 | 279,000.00 | 288,000.00 | 276,000.00 | 270,000.00 | 258,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 1,559,000.00 | 1,250,000.00 | 1,217,000.00 | 1,201,000.00 | 1,236,000.00 | 1,207,000.00 | 1,206,000.00 | 1,212,000.00 | 1,190,000.00 | 1,207,000.00 | 1,198,000.00 | 1,188,000.00 | 1,148,000.00 | 1,312,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 758,000.00 | 465,000.00 | 471,000.00 | 480,000.00 | 500,000.00 | 505,000.00 | 528,000.00 | 552,000.00 | 570,000.00 | 597,000.00 | 616,000.00 | 636,000.00 | 647,000.00 | 682,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 56,000.00 | 14,000.00 | 14,000.00 | 14,000.00 | 14,000.00 | 13,000.00 | 13,000.00 | 14,000.00 | 13,000.00 | 13,000.00 | 14,000.00 | 14,000.00 | 13,000.00 | 14,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 265,000.00 | 274,000.00 | 274,000.00 | 268,000.00 | 253,000.00 | 268,000.00 | 264,000.00 | 281,000.00 | 299,000.00 | 340,000.00 | 339,000.00 | 333,000.00 | 279,000.00 | 267,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 128,000.00 | 58,000.00 | 63,000.00 | 89,000.00 | 61,000.00 | 61,000.00 | 64,000.00 | 50,000.00 | 61,000.00 | 57,000.00 | 44,000.00 | 47,000.00 | 45,000.00 | 34,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 3,226,000.00 | 2,664,000.00 | 2,658,000.00 | 2,567,000.00 | 2,646,000.00 | 2,564,000.00 | 2,661,000.00 | 2,539,000.00 | 2,625,000.00 | 2,641,000.00 | 2,597,000.00 | 2,357,000.00 | 2,531,000.00 | 2,585,000.00 | 104,340.12 | 98,932.52 | 73,126.89 | 84,092.93 | 85,269.21 | 30,845.03 |
| Current Liabilities | 1,322,000.00 | 915,000.00 | 910,000.00 | 780,000.00 | 892,000.00 | 879,000.00 | 982,000.00 | 831,000.00 | 923,000.00 | 908,000.00 | 882,000.00 | 773,000.00 | 835,000.00 | 777,000.00 | 15,653.49 | 14,400.64 | 12,368.01 | 8,247.39 | 6,823.60 | 2,256.68 |
| Payables and Expenses | 808,000.00 | 533,000.00 | 530,000.00 | 452,000.00 | 528,000.00 | 542,000.00 | 583,000.00 | 514,000.00 | 609,000.00 | 649,000.00 | 503,000.00 | 449,000.00 | 500,000.00 | 439,000.00 | 5,594.90 | 6,560.43 | 6,563.79 | 3,943.17 | 4,519.38 | 383.17 |
| Account Payables | 586,000.00 | 369,000.00 | 359,000.00 | 278,000.00 | 351,000.00 | 372,000.00 | 423,000.00 | 330,000.00 | 441,000.00 | 484,000.00 | 350,000.00 | 253,000.00 | 339,000.00 | 274,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 222,000.00 | 164,000.00 | 171,000.00 | 174,000.00 | 177,000.00 | 170,000.00 | 160,000.00 | 184,000.00 | 168,000.00 | 165,000.00 | 153,000.00 | 196,000.00 | 161,000.00 | 165,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 45,000.00 | 34,000.00 | 33,000.00 | 34,000.00 | 30,000.00 | 14,000.00 | 34,000.00 | 31,000.00 | 29,000.00 | 29,000.00 | 25,000.00 | 23,000.00 | 24,000.00 | 25,000.00 | 5,800.00 | 5,800.00 | 0 | 0 | 0 | 1,500.00 |
| Other Current Liabilities | 469,000.00 | 348,000.00 | 347,000.00 | 294,000.00 | 334,000.00 | 323,000.00 | 365,000.00 | 286,000.00 | 285,000.00 | 230,000.00 | 354,000.00 | 301,000.00 | 311,000.00 | 313,000.00 | 4,258.59 | 2,040.21 | 5,804.22 | 4,304.22 | 2,304.22 | 373.52 |
| Non-Current Liabilities | 1,904,000.00 | 1,749,000.00 | 1,748,000.00 | 1,787,000.00 | 1,754,000.00 | 1,685,000.00 | 1,679,000.00 | 1,708,000.00 | 1,702,000.00 | 1,733,000.00 | 1,715,000.00 | 1,584,000.00 | 1,696,000.00 | 1,808,000.00 | 88,686.63 | 84,531.88 | 60,758.88 | 75,845.54 | 78,445.60 | 28,588.35 |
| Long-Term Debt | 1,430,000.00 | 1,420,000.00 | 1,425,000.00 | 1,428,000.00 | 1,435,000.00 | 2,768,000.00 | 2,766,000.00 | 2,765,000.00 | 2,763,000.00 | 2,764,000.00 | 2,764,000.00 | 2,499,000.00 | 2,489,000.00 | 2,485,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 474,000.00 | 329,000.00 | 323,000.00 | 359,000.00 | 319,000.00 | -1,083,000.00 | -1,087,000.00 | -1,057,000.00 | -1,061,000.00 | -1,031,000.00 | -1,049,000.00 | -915,000.00 | -793,000.00 | -677,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,534,000.00 | 1,207,000.00 | 1,127,000.00 | 1,057,000.00 | 1,106,000.00 | 1,218,000.00 | 1,174,000.00 | 1,212,000.00 | 1,255,000.00 | 1,339,000.00 | 1,352,000.00 | 1,371,000.00 | 1,169,000.00 | 1,266,000.00 | 713,754.74 | 719,081.21 | 745,629.79 | 734,482.91 | 733,164.46 | 787,523.63 |
| Shareholders Equity | 1,529,000.00 | 1,200,000.00 | 1,121,000.00 | 1,051,000.00 | 1,101,000.00 | 1,214,000.00 | 1,171,000.00 | 1,208,000.00 | 1,252,000.00 | 177,000.00 | 162,000.00 | 152,000.00 | 76,000.00 | 86,000.00 | -206,110.52 | -195,457.58 | -142,360.43 | 5,000.00 | 5,000.01 | 5,000.01 |
| Capital Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.02 | 1.02 | 1.02 | 1.46 | 1.46 | 1.19 |
| Share Premium | 3,260,000.00 | 2,829,000.00 | 2,809,000.00 | 2,827,000.00 | 2,809,000.00 | 2,772,000.00 | 2,751,000.00 | 2,748,000.00 | 2,733,000.00 | 373,000.00 | 346,000.00 | 334,000.00 | 259,000.00 | 244,000.00 | 0 | 0 | 0 | 3,068.76 | 4,387.20 | 5,437.03 |
| Retained Earnings | -1,549,000.00 | -1,487,000.00 | -1,500,000.00 | -1,575,000.00 | -1,559,000.00 | -1,430,000.00 | -1,456,000.00 | -1,437,000.00 | -1,390,000.00 | -191,000.00 | -177,000.00 | -175,000.00 | -148,000.00 | -128,000.00 | -103,056.28 | -97,729.81 | -71,181.24 | 1,929.79 | 611.34 | -438.21 |
| Treasury Shares | 89,000.00 | 56,000.00 | 56,000.00 | 55,000.00 | 55,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -93,000.00 | -86,000.00 | -132,000.00 | -145,000.00 | -94,000.00 | -128,000.00 | -124,000.00 | -103,000.00 | -91,000.00 | -5,000.00 | -7,000.00 | -7,000.00 | -35,000.00 | -30,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 5,000.00 | 7,000.00 | 6,000.00 | 6,000.00 | 5,000.00 | 4,000.00 | 3,000.00 | 4,000.00 | 3,000.00 | 1,144,000.00 | 1,198,000.00 | 1,585,000.00 | 1,459,000.00 | 1,546,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 56,000.00 | 14,000.00 | 14,000.00 | 14,000.00 | 14,000.00 | 13,000.00 | 13,000.00 | 14,000.00 | 13,000.00 | 13,000.00 | 14,000.00 | 14,000.00 | 13,000.00 | 14,000.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 1,475,000.00 | 1,454,000.00 | 1,458,000.00 | 1,462,000.00 | 1,465,000.00 | 2,796,000.00 | 2,800,000.00 | 2,796,000.00 | 2,792,000.00 | 2,793,000.00 | 2,789,000.00 | 2,522,000.00 | 2,513,000.00 | 2,510,000.00 | 5,800.00 | 5,800.00 | 0 | 0 | 0 | 1,500.00 |
| Net Debt | 1,048,000.00 | 853,000.00 | 906,000.00 | 926,000.00 | 941,000.00 | 2,281,000.00 | 2,325,000.00 | 2,320,000.00 | 2,360,000.00 | 2,458,000.00 | 2,469,000.00 | 2,219,000.00 | 2,201,000.00 | 2,064,000.00 | 5,719.76 | 5,638.72 | 0 | 0 | 0 | 1,242.13 |
| Common Shares Outstanding | 525,945.63 | 478,920.84 | 478,699.22 | 0 | 469,996.20 | 472,863.17 | 472,617.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 1,926,000.00 | 1,252,000.00 | 621,000.00 | -1,254,000.00 | 1,832,000.00 | 1,235,000.00 | 610,000.00 | -1,199,000.00 | 1,741,000.00 | 1,170,000.00 | 578,000.00 | -309,000.00 | 1,324,000.00 | 836,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 3,353,000.00 | 2,143,000.00 | 1,046,000.00 | 738,000.00 | 1,747,000.00 | 1,177,000.00 | 594,000.00 | -1,218,000.00 | 1,752,000.00 | 1,177,000.00 | 587,000.00 | -387,491.57 | 1,484,000.00 | 951,000.00 | 1,491.57 | 12,864.43 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 1,694,000.00 | 1,101,000.00 | 542,000.00 | 389,000.00 | 870,000.00 | 584,000.00 | 293,000.00 | -587,000.00 | 845,000.00 | 569,000.00 | 277,000.00 | -222,441.57 | 766,000.00 | 493,000.00 | 1,441.57 | -7,597.77 | 9,811.75 | 5,857.62 | 4,592.17 |
| Other Operating Expenses | 1,659,000.00 | 1,042,000.00 | 504,000.00 | 349,000.00 | 877,000.00 | 593,000.00 | 301,000.00 | -631,000.00 | 907,000.00 | 608,000.00 | 310,000.00 | -165,050.00 | 718,000.00 | 458,000.00 | 50.00 | 200.65 | 0 | 0 | 0 |
| Operating Income | 101,000.00 | 89,000.00 | 55,000.00 | -44,000.00 | 85,000.00 | 58,000.00 | 16,000.00 | 19,000.00 | -11,000.00 | -7,000.00 | -9,000.00 | 77,000.00 | -160,000.00 | -115,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Non-Operating Income | -11,000.00 | 41,000.00 | 41,000.00 | -50,000.00 | -150,000.00 | -49,000.00 | -8,000.00 | -80,000.00 | -91,000.00 | -85,000.00 | -26,000.00 | -329,000.00 | -42,000.00 | -5,000.00 | 0 | 0 | 42,710.87 | 27,559.86 | 24,925.96 |
| Interest Income | 77,000.00 | 51,000.00 | 22,000.00 | -55,000.00 | 97,000.00 | 67,000.00 | 0 | 142,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 323.93 | -188.34 | 245.05 | 177.63 | 142.13 |
| Interest Expense | 71,000.00 | 47,000.00 | 24,000.00 | -76,000.00 | 93,000.00 | 65,000.00 | 33,000.00 | -67,000.00 | 105,000.00 | 69,000.00 | 34,000.00 | -14,002.04 | 69,000.00 | 43,000.00 | 2.04 | 0.43 | 2.98 | 1.44 | 0.61 |
| Net Interest | 6,000.00 | 4,000.00 | -2,000.00 | -12,000.00 | 4,000.00 | 2,000.00 | 0 | 1,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 321.89 | -188.77 | 242.07 | 176.19 | 141.52 |
| EBT | 90,000.00 | 130,000.00 | 96,000.00 | -94,000.00 | -65,000.00 | 9,000.00 | 8,000.00 | -61,000.00 | -102,000.00 | -92,000.00 | -35,000.00 | -252,000.00 | -202,000.00 | -120,000.00 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 66,000.00 | 42,000.00 | 21,000.00 | -17,000.00 | 55,000.00 | 1,000.00 | 27,000.00 | -21,000.00 | 12,000.00 | 10,000.00 | 8,000.00 | -7,000.00 | 39,000.00 | 29,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity Method Investments Income | 4,000.00 | 2,000.00 | 0 | 3,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000.00 | -3,000.00 | -2,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 24,000.00 | 86,000.00 | 300,000.00 | 33,000.00 | -124,000.00 | 6,000.00 | -57,000.00 | -121,000.00 | 58,000.00 | 50,000.00 | 23,000.00 | -124,000.00 | 168,000.00 | 135,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Income Non-Controlling Interests | 2,000.00 | 2,000.00 | -225,000.00 | -37,000.00 | 2,000.00 | 1,000.00 | 38,000.00 | 92,000.00 | -74,000.00 | -66,000.00 | -25,000.00 | 77,000.00 | -167,000.00 | -114,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 26,000.00 | 88,000.00 | 75,000.00 | -4,000.00 | -122,000.00 | 7,000.00 | -19,000.00 | -29,000.00 | -16,000.00 | -16,000.00 | -2,000.00 | -41,673.53 | 1,000.00 | 21,000.00 | -5,326.47 | -68,433.32 | 32,748.47 | 21,601.59 | 20,283.15 |
| EBIT | 161,000.00 | 177,000.00 | 120,000.00 | -170,000.00 | 28,000.00 | 74,000.00 | 41,000.00 | -128,000.00 | 3,000.00 | -23,000.00 | -1,000.00 | -266,000.00 | -133,000.00 | -77,000.00 | 0 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 132,000.00 | 83,000.00 | 40,000.00 | -102,000.00 | 138,000.00 | 95,000.00 | 47,000.00 | -92,000.00 | 145,000.00 | 95,000.00 | 46,000.00 | -41,000.00 | 134,000.00 | 89,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 293,000.00 | 260,000.00 | 160,000.00 | -272,000.00 | 166,000.00 | 169,000.00 | 88,000.00 | -220,000.00 | 148,000.00 | 72,000.00 | 45,000.00 | -307,000.00 | 1,000.00 | 12,000.00 | 0 | 0 | 0 | 0 | 0 |
| 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 | 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 | 0 |
| Average Shares Outstanding Basic | 474,195.78 | 468,285.38 | 465,872.54 | 463,628.32 | 462,763.17 | 463,003.15 | 461,386.28 | 703,311.25 | 181,775.46 | 61,118.57 | 60,376.71 | 5,229.09 | 48,867.97 | 48,867.97 | 102,101.25 | 306,303.75 | 102,101.25 | 0 | 0 |
| Average Shares Outstanding Diluted | 481,688.84 | 476,221.18 | 478,715.68 | 458,013.23 | 462,763.17 | 468,618.23 | 461,386.28 | 859,978.30 | 456,300.04 | 61,118.57 | 454,825.19 | 793,122.28 | 443,316.45 | 444,320.22 | 102,101.25 | 306,303.75 | 102,101.25 | 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 | 181,000.00 | 110,000.00 | 53,000.00 | -106,000.00 | 207,000.00 | 122,000.00 | 49,000.00 | 166,000.00 | 104,000.00 | -31,000.00 | -77,000.00 | 305,081.03 | -390,000.00 | -309,000.00 | -81.03 | 1,731.66 | -3,314.59 | -2,087.34 | -354.56 |
| Operating Net Income | 28,000.00 | 90,000.00 | 300,000.00 | -371,000.00 | -120,000.00 | 8,000.00 | -57,000.00 | -107,000.00 | -90,000.00 | -82,000.00 | -56,000.00 | 35,326.47 | -166,000.00 | -93,000.00 | -5,326.47 | -68,433.32 | 32,748.47 | 21,601.59 | 20,283.15 |
| Deprecation and Amortization | 132,000.00 | 83,000.00 | 40,000.00 | -102,000.00 | 138,000.00 | 95,000.00 | 47,000.00 | -92,000.00 | 145,000.00 | 95,000.00 | 46,000.00 | -41,000.00 | 134,000.00 | 89,000.00 | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 18,000.00 | 10,000.00 | 3,000.00 | -24,000.00 | 29,000.00 | 12,000.00 | 17,000.00 | -22,000.00 | -16,000.00 | -13,000.00 | -9,000.00 | -123,000.00 | -41,000.00 | -31,000.00 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 58,000.00 | 39,000.00 | 19,000.00 | -37,000.00 | 58,000.00 | 38,000.00 | 18,000.00 | -45,000.00 | 60,000.00 | 41,000.00 | 19,000.00 | 8,000.00 | 23,000.00 | 8,000.00 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 287,000.00 | 218,000.00 | 243,000.00 | -615,000.00 | 57,000.00 | 154,000.00 | 287,000.00 | -1,013,000.00 | 294,000.00 | 372,000.00 | 310,000.00 | -646,874.75 | 765,000.00 | 468,000.00 | -1,125.25 | -7,406.10 | 5,715.40 | 3,252.58 | 3,988.52 |
| Other Operating Activities | -342,000.00 | -330,000.00 | -552,000.00 | 1,043,000.00 | 45,000.00 | -185,000.00 | -263,000.00 | 1,445,000.00 | -289,000.00 | -444,000.00 | -387,000.00 | 1,072,629.31 | -1,105,000.00 | -750,000.00 | 6,370.69 | 77,571.08 | -41,778.45 | -26,941.51 | -24,626.23 |
| Investing Cash Flow | -201,000.00 | -30,000.00 | -18,000.00 | 37,000.00 | -70,000.00 | -44,000.00 | -25,000.00 | 70,000.00 | -93,000.00 | -64,000.00 | -32,000.00 | 20,000.00 | -73,000.00 | -42,000.00 | 0 | 0 | 0 | 0 | 0 |
| 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 | 90,000.00 | 57,000.00 | 27,000.00 | -42,000.00 | 75,000.00 | 49,000.00 | 25,000.00 | -65,000.00 | 87,000.00 | 59,000.00 | 32,000.00 | -21,000.00 | 73,000.00 | 42,000.00 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 5,000.00 | -5,000.00 | -5,000.00 | 0 | -5,000.00 | 6,000.00 | 5,000.00 | 0 | 1,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 138,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -429,000.00 | -87,000.00 | -45,000.00 | 74,000.00 | -140,000.00 | -88,000.00 | -50,000.00 | 140,000.00 | -186,000.00 | -128,000.00 | -64,000.00 | 40,000.00 | -146,000.00 | -84,000.00 | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -81,000.00 | -48,000.00 | -25,000.00 | 21,000.00 | -79,000.00 | -17,000.00 | -10,000.00 | -246,000.00 | 121,000.00 | 123,000.00 | 122,000.00 | -299,000.00 | 293,000.00 | 298,000.00 | 0 | -2,856.47 | 3,928.23 | 2,428.23 | 428.23 |
| Net Issuance/Repayment of Debt | 209,000.00 | 205,000.00 | 202,000.00 | -2,000.00 | 2,769,000.00 | 1,000.00 | 1,000.00 | -267,000.00 | 135,000.00 | 134,000.00 | 134,000.00 | -205,000.00 | 206,000.00 | 204,000.00 | 0 | -4,343.53 | 4,671.77 | 3,171.77 | 1,171.77 |
| Net Issuance/Repurchase of Equity | 34,000.00 | 1,000.00 | 1,000.00 | 0.00 | 55,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | -168,000.00 | 168,000.00 | 168,000.00 | 0 | 0 | 0 | 0 | 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 | -324,000.00 | -254,000.00 | -228,000.00 | 23,000.00 | -2,903,000.00 | -18,000.00 | -11,000.00 | 21,000.00 | -14,000.00 | -11,000.00 | -12,000.00 | 74,000.00 | -81,000.00 | -74,000.00 | 0 | 1,487.07 | -743.53 | -743.53 | -743.53 |
| Net Change in Cash | -80,000.00 | 57,000.00 | 16,000.00 | -50,000.00 | 61,000.00 | 52,000.00 | 9,000.00 | -5,000.00 | 129,000.00 | 32,000.00 | 17,000.00 | 60,081.04 | -200,000.00 | -69,000.00 | -81.03 | -1,124.81 | 613.64 | 340.90 | 73.67 |
| Cash at Beginning of Period | 561,000.00 | 561,000.00 | 561,000.00 | 611,000.00 | 489,000.00 | 489,000.00 | 489,000.00 | 494,000.00 | 316,000.00 | 316,000.00 | 316,000.00 | 255,918.96 | 525,000.00 | 525,000.00 | 161.28 | 1,286.08 | 257.87 | 257.87 | 257.87 |
| Cash at End of Period | 481,000.00 | 618,000.00 | 577,000.00 | 561,000.00 | 550,000.00 | 541,000.00 | 498,000.00 | 489,000.00 | 445,000.00 | 348,000.00 | 333,000.00 | 316,000.00 | 325,000.00 | 456,000.00 | 80.24 | 161.28 | 871.52 | 598.77 | 331.54 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |