GNL
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -9.61 | -5.82 | -139.67 | -76.40 | |
| Price to Sales | 2.09 | 2.75 | 3.44 | 3.84 | |
| Book Value Per Common Share | 9.47 | 11.42 | 13.82 | 15.60 | 17.10 |
| Price to Book | 0.77 | 0.87 | 0.91 | 0.98 | |
| Price to Operating Cash Flow | 5.62 | 9.87 | 7.17 | 7.80 | |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA | 12351.79 | 16654.06 | 21307.32 | 22275.23 |
| 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 | -5.93 | -7.26 | -9.24 | -12.20 | -21.00 | -51.80 | -5.93 | -28.56 | -214.33 | 133.13 | -1416.00 | 314.60 | -133.50 | -123.33 | -1806.00 | |||||
| Price to Sales | 4.83 | 6.65 | 13.98 | 3.20 | 4.14 | 8.69 | 3.52 | 5.62 | 14.15 | 3.87 | 7.63 | 16.78 | 5.43 | 9.20 | 18.48 | |||||
| Book Value Per Common Share | 7.72 | 8.28 | 8.37 | 9.47 | 9.85 | 10.49 | 10.94 | 11.42 | 12.10 | 12.79 | 13.39 | 13.82 | 14.13 | 14.58 | 15.27 | 15.60 | 16.02 | 16.43 | 16.99 | 17.10 |
| Price to Book | 1.05 | 0.91 | 0.96 | 0.77 | 0.86 | 0.70 | 0.71 | 0.87 | 0.79 | 0.80 | 0.96 | 0.91 | 0.75 | 0.97 | 1.03 | 0.98 | 1.00 | 1.13 | 1.06 | |
| Price to Operating Cash Flow | 10.92 | 15.39 | 31.28 | 8.63 | 10.42 | 19.41 | 12.35 | 12.67 | 21.18 | 6.92 | 13.86 | 26.36 | 9.78 | 30.03 | 31.04 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA | 100003.96 | 112653.27 | 236486.48 | 49099.76 | 57058.36 | 116719.24 | 337551.25 | 98942.66 | 202918.18 | 49801.07 | 103325.15 | 209953.19 | 78759.24 | 137152.04 | 256309.61 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 56.29 | 35.95 | -3.16 | 18.52 | |
| EBITDA YoY | -1.00 | 124.53 | -13.80 | 0.53 | |
| 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 | 47.03 | 94.33 | 48.02 | 98.66 | 62.14 | 101.60 | 48.15 | 97.99 | 50.68 | 111.38 | ||||||||||
| EBITDA YoY | 20.83 | 90.66 | -85.01 | 33.13 | 93.47 | -86.51 | -39.42 | 64.34 | -61.43 | 56.13 | 83.24 | -73.93 | 55.95 | 101.37 | ||||||
| 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 | 0.69 | 0.85 | 1.00 | 0.91 | 1.39 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 2.18 | 2.07 | 1.72 | 1.57 | 1.55 |
| Long-Term Debt to Equity |
| 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 | 0.73 | 0.64 | 0.64 | 0.69 | 0.55 | 0.53 | 0.57 | 0.53 | 1.18 | 0.97 | 1.15 | 0.99 | 1.24 | 1.07 | 1.19 | 0.86 | 1.83 | 1.86 | 2.87 | 1.39 |
| Quick Ratio | ||||||||||||||||||||
| Current Ratio | ||||||||||||||||||||
| Debt to Equity | 1.80 | 1.72 | 2.02 | 2.18 | 2.22 | 2.14 | 2.15 | 2.07 | 1.93 | 1.95 | 1.86 | 1.72 | 1.67 | 1.65 | 1.60 | 1.57 | 1.52 | 1.57 | 1.45 | 1.55 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -2.52 | -2.96 | -0.21 | -0.21 | -0.20 |
| ROE | -8.02 | -9.07 | -0.58 | -0.53 | -0.50 |
| Gross Margin | 82.30 | 86.83 | 91.32 | 91.63 | 90.19 |
| Operating Margin | 24.82 | -3.50 | 31.82 | 30.13 | 26.52 |
| EBITDA Margin | 169.68 | 267.88 | 162.21 | 182.23 | 214.83 |
| Net Profit Margin | -21.78 | -46.47 | -2.21 | -2.22 | -2.36 |
| 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 | -6.43 | -4.72 | -3.46 | -2.15 | -1.07 | -0.44 | -2.20 | -0.93 | -0.15 | 0.24 | -0.01 | 0.13 | -0.02 | -0.08 | -0.02 | |||||
| ROE | -18.02 | -12.85 | -10.46 | -6.94 | -3.35 | -1.37 | -6.44 | -2.76 | -0.42 | 0.63 | -0.02 | 0.34 | -0.05 | -0.20 | -0.05 | |||||
| Gross Margin | 89.79 | 89.91 | 89.46 | 82.36 | 82.08 | 81.64 | 90.01 | 90.97 | 91.36 | 91.92 | 92.07 | 92.32 | 92.35 | 92.04 | 91.53 | |||||
| Operating Margin | -7.44 | -5.43 | -29.04 | 21.15 | 28.17 | 29.79 | -18.97 | 17.74 | 30.51 | 36.89 | 32.76 | 38.87 | 31.73 | 29.73 | 30.91 | |||||
| EBITDA Margin | 47.36 | 57.63 | 58.74 | 65.35 | 72.66 | 74.61 | 21.32 | 57.06 | 69.99 | 78.19 | 74.20 | 80.17 | 74.25 | 71.74 | 75.31 | |||||
| Net Profit Margin | -81.00 | -91.48 | -151.28 | -26.05 | -19.86 | -16.83 | -58.32 | -19.64 | -6.35 | 3.29 | -0.19 | 5.64 | -0.31 | -1.73 | -0.93 |
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 | 6,955,764.00 | 8,098,977.00 | 3,961,826.00 | 4,182,956.00 | 3,967,014.00 |
| Cash and Short-Term Investments | 159,698.00 | 121,566.00 | 103,335.00 | 89,668.00 | 124,245.00 |
| Cash and Cash Equivalents | 159,698.00 | 121,566.00 | 103,335.00 | 89,668.00 | 124,245.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 1,246,416.00 | 1,507,615.00 | 543,267.00 | 564,430.00 | 534,994.00 |
| Real Estate | 41,772,844.00 | 48,062,452.00 | 21,250,369.00 | 22,196,798.00 | 20,406,186.00 |
| Goodwill | 133,127.00 | 119,082.00 | 0 | 0 | 0 |
| Intangible Assets | 1,057,967.00 | 1,359,981.00 | 689,275.00 | 748,363.00 | 711,985.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 4,866.00 | 4,808.00 | 3,647.00 | 1,488.00 | 2,367.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 4,768,806.00 | 5,459,828.00 | 2,507,907.00 | 2,556,321.00 | 2,412,735.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 2,186,958.00 | 2,639,149.00 | 1,453,919.00 | 1,626,635.00 | 1,554,279.00 |
| Shareholders Equity | 2,186,958.00 | 2,637,752.00 | 1,439,021.00 | 1,620,720.00 | 1,532,519.00 |
| Capital Stock | 3,880.00 | 3,879.00 | 2,486.00 | 2,482.00 | 2,334.00 |
| Share Premium | 4,359,264.00 | 4,377,812.00 | 2,683,169.00 | 2,675,154.00 | 2,418,659.00 |
| Retained Earnings | -2,150,342.00 | -1,702,143.00 | -1,247,781.00 | -1,072,462.00 | -896,547.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -25,844.00 | -14,096.00 | 1,147.00 | 15,546.00 | 8,073.00 |
| Minority Interest | 0 | 1,397.00 | 14,898.00 | 5,915.00 | 21,760.00 |
| Debt | 5,397,846.00 | 5,970,150.00 | 3,474,261.00 | 4,672,219.00 | 4,580,774.00 |
| Net Debt | 5,238,148.00 | 5,848,584.00 | 3,370,926.00 | 4,582,551.00 | 4,456,529.00 |
| Common Shares Outstanding | 231,051.14 | 230,885.20 | 104,141.90 | 103,900.45 | 89,614.60 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 805,010.00 | 515,070.00 | 378,857.00 | 391,228.00 | 330,104.00 |
| Cost Of Revenue | 142,497.00 | 67,839.00 | 32,877.00 | 32,746.00 | 32,372.00 |
| Gross Profit | 662,513.00 | 447,231.00 | 345,980.00 | 358,482.00 | 297,732.00 |
| Operating Expenses | -1,531,510.00 | -879,080.00 | 245,437.00 | 246,569.00 | 198,489.00 |
| Selling, General and Administrative Expenses | 57,734.00 | 40,187.00 | 17,737.00 | 17,231.00 | 13,264.00 |
| Other Operating Expenses | -1,589,244.00 | -919,267.00 | 227,700.00 | 229,338.00 | 185,225.00 |
| Operating Income | 2,194,023.00 | 1,326,311.00 | 100,543.00 | 111,913.00 | 99,243.00 |
| Net Non-Operating Income | -2,321,150.00 | -1,523,746.00 | -77,488.00 | -88,395.00 | -83,496.00 |
| Interest Expense | 326,932.00 | 179,411.00 | 97,510.00 | 94,345.00 | 71,804.00 |
| EBT | -127,127.00 | -197,435.00 | 23,055.00 | 23,518.00 | 15,747.00 |
| Income Tax | 4,445.00 | 14,475.00 | 11,032.00 | 12,152.00 | 4,969.00 |
| Net Income Including Non-Controlling Interests | -394,716.00 | -635,730.00 | 36,069.00 | 34,098.00 | 32,334.00 |
| Net Income Non-Controlling Interests | 219,400.00 | 396,382.00 | -44,432.00 | -42,796.00 | -40,109.00 |
| Net Income | -175,316.00 | -239,348.00 | -8,363.00 | -8,698.00 | -7,775.00 |
| EBIT | 199,805.00 | -18,024.00 | 120,565.00 | 117,863.00 | 87,551.00 |
| Deprecation and Amortization | 1,166,148.00 | 1,397,803.00 | 493,966.00 | 595,062.00 | 621,609.00 |
| EBITDA | 1,365,953.00 | 1,379,779.00 | 614,531.00 | 712,925.00 | 709,160.00 |
| 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 | 230,440.39 | 142,584.33 | 103,686.40 | 98,283.89 | 89,473.55 |
| Average Shares Outstanding Diluted | 230,440.39 | 142,584.33 | 103,686.40 | 98,283.89 | 89,473.55 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 299,470.00 | 143,743.00 | 181,820.00 | 192,493.00 | 176,851.00 |
| Operating Net Income | -394,716.00 | -635,730.00 | 36,069.00 | 34,098.00 | 32,334.00 |
| Deprecation and Amortization | 1,166,148.00 | 1,397,803.00 | 493,966.00 | 595,062.00 | 621,609.00 |
| Deferred Income Tax | -258.00 | -2,380.00 | -1,957.00 | -2,153.00 | -2,000.00 |
| Share Based Compensation | 8,931.00 | 17,297.00 | 12,072.00 | 11,032.00 | 10,065.00 |
| Change in Working Capital | -43,927.00 | -17,922.00 | -2,986.00 | 4,032.00 | 17,873.00 |
| Other Operating Activities | -436,708.00 | -615,325.00 | -355,344.00 | -449,578.00 | -503,030.00 |
| Investing Cash Flow | 759,901.00 | -551,899.00 | -16,537.00 | -436,570.00 | -470,527.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 45,628.00 | 47,296.00 | 29,942.00 | 7,924.00 | 6,383.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 451,384.00 | 0 | 0 | 0 |
| Other Investing Activities | 714,273.00 | -1,050,579.00 | -46,479.00 | -444,494.00 | -476,910.00 |
| Financing Cash Flow | -995,356.00 | 469,009.00 | -149,742.00 | 218,323.00 | 140,680.00 |
| Net Issuance/Repayment of Debt | 1,294,882.00 | 1,054,945.00 | 180,170.00 | 272,812.00 | 1,266,827.00 |
| Net Issuance/Repurchase of Equity | 1,038.00 | 1,188.00 | 6,303.00 | 230,078.00 | 10,025.00 |
| Dividends Paid | 316,316.00 | 239,630.00 | 187,940.00 | 198,248.00 | 173,330.00 |
| Other Financing Activities | -2,607,592.00 | -826,754.00 | -524,155.00 | -482,815.00 | -1,309,502.00 |
| Net Change in Cash | 64,015.00 | 60,853.00 | 15,541.00 | -25,754.00 | -152,996.00 |
| Cash at Beginning of Period | 160,193.00 | 101,546.00 | 88,904.00 | 119,065.00 | 278,689.00 |
| Cash at End of Period | 224,208.00 | 162,399.00 | 104,445.00 | 93,311.00 | 125,693.00 |
| 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 | 4,765,170.00 | 4,984,916.00 | 5,789,334.00 | 6,955,764.00 | 7,335,870.00 | 7,612,713.00 | 7,968,796.00 | 8,098,977.00 | 8,184,713.00 | 4,001,876.00 | 4,041,496.00 | 3,961,826.00 | 3,965,568.00 | 4,044,536.00 | 4,152,740.00 | 4,182,956.00 | 4,203,054.00 | 4,241,016.00 | 4,043,857.00 | 3,967,014.00 |
| Cash and Short-Term Investments | 165,095.00 | 144,809.00 | 147,047.00 | 159,698.00 | 127,249.00 | 122,181.00 | 131,880.00 | 121,566.00 | 133,439.00 | 100,918.00 | 119,161.00 | 103,335.00 | 128,014.00 | 111,211.00 | 123,502.00 | 89,668.00 | 176,393.00 | 174,862.00 | 262,868.00 | 124,245.00 |
| Cash and Cash Equivalents | 165,095.00 | 144,809.00 | 147,047.00 | 159,698.00 | 127,249.00 | 122,181.00 | 131,880.00 | 121,566.00 | 133,439.00 | 100,918.00 | 119,161.00 | 103,335.00 | 128,014.00 | 111,211.00 | 123,502.00 | 89,668.00 | 176,393.00 | 174,862.00 | 262,868.00 | 124,245.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 797,191.00 | 830,615.00 | 822,981.00 | 1,246,416.00 | 1,346,384.00 | 1,429,689.00 | 1,491,584.00 | 1,507,615.00 | 1,508,177.00 | 556,442.00 | 553,218.00 | 543,267.00 | 526,484.00 | 545,126.00 | 558,288.00 | 564,430.00 | 557,386.00 | 554,924.00 | 530,320.00 | 534,994.00 |
| Real Estate | 28,843,857.00 | 30,089,486.00 | 29,850,029.00 | 41,772,844.00 | 28,095,185.00 | 29,130,753.00 | 30,212,832.00 | 48,062,452.00 | 30,746,154.00 | 12,621,039.00 | 12,579,672.00 | 21,250,369.00 | 11,938,533.00 | 12,380,380.00 | 12,634,786.00 | 22,196,798.00 | 12,516,446.00 | 12,463,532.00 | 11,703,212.00 | 20,406,186.00 |
| Goodwill | 45,983.00 | 46,009.00 | 44,842.00 | 133,127.00 | 82,712.00 | 78,642.00 | 75,592.00 | 119,082.00 | 80,835.00 | 21,556.00 | 21,550.00 | 0 | 20,355.00 | 21,075.00 | 21,808.00 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 573,641.00 | 633,647.00 | 648,368.00 | 1,057,967.00 | 0 | 0 | 0 | 1,359,981.00 | 0 | 0 | 0 | 689,275.00 | 0 | 0 | 0 | 748,363.00 | 0 | 0 | 0 | 711,985.00 |
| 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 | 4,894.00 | 4,906.00 | 4,915.00 | 4,866.00 | 4,822.00 | 4,786.00 | 4,791.00 | 4,808.00 | 2,559.00 | 2,584.00 | 2,581.00 | 3,647.00 | 1,363.00 | 1,416.00 | 1,470.00 | 1,488.00 | 2,320.00 | 2,343.00 | 2,367.00 | 2,367.00 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 3,064,159.00 | 3,152,537.00 | 3,873,782.00 | 4,768,806.00 | 5,060,668.00 | 5,189,449.00 | 5,442,128.00 | 5,459,828.00 | 5,391,487.00 | 2,646,707.00 | 2,629,884.00 | 2,507,907.00 | 2,480,994.00 | 2,516,618.00 | 2,557,402.00 | 2,556,321.00 | 2,534,652.00 | 2,588,417.00 | 2,396,628.00 | 2,412,735.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 1,701,011.00 | 1,832,379.00 | 1,915,552.00 | 2,186,958.00 | 2,275,202.00 | 2,423,264.00 | 2,526,668.00 | 2,639,149.00 | 2,793,226.00 | 1,355,169.00 | 1,411,612.00 | 1,453,919.00 | 1,484,574.00 | 1,527,918.00 | 1,595,338.00 | 1,626,635.00 | 1,668,402.00 | 1,652,599.00 | 1,647,229.00 | 1,554,279.00 |
| Shareholders Equity | 1,701,011.00 | 1,832,379.00 | 1,915,552.00 | 2,186,958.00 | 2,272,550.00 | 2,421,033.00 | 2,524,859.00 | 2,637,752.00 | 2,791,939.00 | 1,335,779.00 | 1,394,468.00 | 1,439,021.00 | 1,471,921.00 | 1,517,511.00 | 1,587,177.00 | 1,620,720.00 | 1,664,733.00 | 1,651,176.00 | 1,623,111.00 | 1,532,519.00 |
| Capital Stock | 3,773.00 | 3,781.00 | 3,857.00 | 3,880.00 | 3,878.00 | 3,878.00 | 3,879.00 | 3,879.00 | 3,878.00 | 327,489.00 | 2,486.00 | 2,486.00 | 2,486.00 | 2,486.00 | 2,483.00 | 2,482.00 | 2,482.00 | 2,448.00 | 2,399.00 | 2,334.00 |
| Share Premium | 4,284,310.00 | 4,288,338.00 | 4,342,134.00 | 4,359,264.00 | 4,354,823.00 | 4,353,095.00 | 4,351,577.00 | 4,377,812.00 | 4,377,101.00 | 2,690,375.00 | 2,683,827.00 | 2,683,169.00 | 2,682,600.00 | 2,680,737.00 | 2,678,030.00 | 2,675,154.00 | 2,674,710.00 | 2,641,683.00 | 2,540,522.00 | 2,418,659.00 |
| Retained Earnings | -2,606,609.00 | -2,493,192.00 | -2,414,684.00 | -2,150,342.00 | -2,069,400.00 | -1,929,107.00 | -1,818,753.00 | -1,702,143.00 | -1,560,738.00 | -1,368,678.00 | -1,295,547.00 | -1,247,781.00 | -1,188,266.00 | -1,156,198.00 | -1,108,645.00 | -1,072,462.00 | -1,022,986.00 | -984,958.00 | -933,695.00 | -896,547.00 |
| 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 | 19,537.00 | 33,452.00 | -15,755.00 | -25,844.00 | -16,751.00 | -6,833.00 | -11,844.00 | -14,096.00 | -602.00 | 11,593.00 | 3,702.00 | 1,147.00 | -24,899.00 | -9,514.00 | 15,309.00 | 15,546.00 | 10,527.00 | 17,303.00 | 13,885.00 | 8,073.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 2,652.00 | 2,231.00 | 1,809.00 | 1,397.00 | 1,287.00 | 19,390.00 | 17,144.00 | 14,898.00 | 12,653.00 | 10,407.00 | 8,161.00 | 5,915.00 | 3,669.00 | 1,423.00 | 24,118.00 | 21,760.00 |
| Debt | 2,269,852.00 | 2,271,826.00 | 2,726,205.00 | 5,397,846.00 | 5,497,959.00 | 5,483,007.00 | 5,901,109.00 | 5,970,150.00 | 6,072,541.00 | 3,000,307.00 | 3,490,583.00 | 3,474,261.00 | 3,522,186.00 | 3,698,423.00 | 4,600,319.00 | 4,672,219.00 | 4,791,761.00 | 4,809,847.00 | 4,521,864.00 | 4,580,774.00 |
| Net Debt | 2,104,757.00 | 2,127,017.00 | 2,579,158.00 | 5,238,148.00 | 5,370,710.00 | 5,360,826.00 | 5,769,229.00 | 5,848,584.00 | 5,939,102.00 | 2,899,389.00 | 3,371,422.00 | 3,370,926.00 | 3,394,172.00 | 3,587,212.00 | 4,476,817.00 | 4,582,551.00 | 4,615,368.00 | 4,634,985.00 | 4,258,996.00 | 4,456,529.00 |
| Common Shares Outstanding | 220,355.52 | 221,224.34 | 228,730.36 | 231,051.14 | 230,818.20 | 230,805.38 | 230,846.57 | 230,885.20 | 230,828.88 | 104,406.36 | 104,157.91 | 104,141.90 | 104,144.48 | 104,097.37 | 103,909.71 | 103,900.45 | 103,900.45 | 100,469.58 | 95,512.06 | 89,614.60 |
| Preferred Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,799.47 | 0 | 6,799.47 | 6,799.47 | 6,799.47 | 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 | 378,333.00 | 257,320.00 | 132,415.00 | -416,261.00 | 605,895.00 | 409,331.00 | 206,045.00 | -77,782.00 | 308,344.00 | 190,176.00 | 94,332.00 | -195,495.00 | 284,909.00 | 192,310.00 | 97,133.00 | -171,828.00 | 284,712.00 | 188,954.00 | 89,390.00 |
| Cost Of Revenue | 38,640.00 | 25,971.00 | 13,953.00 | -75,574.00 | 106,878.00 | 73,363.00 | 37,830.00 | 11,712.00 | 30,802.00 | 17,179.00 | 8,146.00 | -12,864.00 | 23,023.00 | 15,258.00 | 7,460.00 | -11,645.00 | 21,784.00 | 15,037.00 | 7,570.00 |
| Gross Profit | 339,693.00 | 231,349.00 | 118,462.00 | -340,687.00 | 499,017.00 | 335,968.00 | 168,215.00 | -89,494.00 | 277,542.00 | 172,997.00 | 86,186.00 | -182,631.00 | 261,886.00 | 177,052.00 | 89,673.00 | -160,183.00 | 262,928.00 | 173,917.00 | 81,820.00 |
| Operating Expenses | -679,627.00 | -477,121.00 | -209,050.00 | 801,074.00 | -1,140,678.00 | -796,632.00 | -395,274.00 | -578,645.00 | -494,386.00 | 138,137.00 | 55,814.00 | -126,012.00 | 185,226.00 | 129,399.00 | 56,824.00 | -106,063.00 | 177,411.00 | 119,176.00 | 56,045.00 |
| Selling, General and Administrative Expenses | 39,376.00 | 27,542.00 | 16,203.00 | -33,787.00 | 43,971.00 | 31,373.00 | 16,177.00 | -5,136.00 | 23,320.00 | 16,343.00 | 5,660.00 | -5,355.00 | 11,629.00 | 7,569.00 | 3,894.00 | -7,466.00 | 12,240.00 | 8,329.00 | 4,128.00 |
| Other Operating Expenses | -719,003.00 | -504,663.00 | -225,253.00 | 834,861.00 | -1,184,649.00 | -828,005.00 | -411,451.00 | -573,509.00 | -517,706.00 | 121,794.00 | 50,154.00 | -120,657.00 | 173,597.00 | 121,830.00 | 52,930.00 | -98,597.00 | 165,171.00 | 110,847.00 | 51,917.00 |
| Operating Income | 1,019,320.00 | 708,470.00 | 327,512.00 | -1,141,761.00 | 1,639,695.00 | 1,132,600.00 | 563,489.00 | 489,151.00 | 771,928.00 | 34,860.00 | 30,372.00 | -56,619.00 | 76,660.00 | 47,653.00 | 32,849.00 | -54,120.00 | 85,517.00 | 54,741.00 | 25,775.00 |
| Net Non-Operating Income | -1,199,559.00 | -829,221.00 | -419,400.00 | 1,214,841.00 | -1,761,262.00 | -1,189,877.00 | -584,852.00 | -513,154.00 | -926,244.00 | -55,793.00 | -28,555.00 | 17,278.00 | -43,335.00 | -32,218.00 | -19,213.00 | 40,490.00 | -65,415.00 | -43,959.00 | -19,511.00 |
| Interest Expense | 152,092.00 | 106,785.00 | 53,437.00 | -178,087.00 | 249,698.00 | 172,568.00 | 82,753.00 | 1,935.00 | 95,836.00 | 54,675.00 | 26,965.00 | -45,964.00 | 71,779.00 | 47,572.00 | 24,123.00 | -42,653.00 | 70,244.00 | 45,386.00 | 21,368.00 |
| EBT | -180,239.00 | -120,751.00 | -91,888.00 | 73,080.00 | -121,567.00 | -57,277.00 | -21,363.00 | -24,003.00 | -154,316.00 | -20,933.00 | 1,817.00 | -39,341.00 | 33,325.00 | 15,435.00 | 13,636.00 | -13,630.00 | 20,102.00 | 10,782.00 | 6,264.00 |
| Income Tax | 9,367.00 | 6,275.00 | 3,280.00 | -3,564.00 | 3,483.00 | 2,138.00 | 2,388.00 | -3,463.00 | 9,016.00 | 6,215.00 | 2,707.00 | -6,335.00 | 8,662.00 | 5,610.00 | 3,095.00 | 122.00 | 5,940.00 | 4,010.00 | 2,080.00 |
| Net Income Including Non-Controlling Interests | -820,914.00 | -640,566.00 | -568,137.00 | 229,932.00 | -375,150.00 | -178,245.00 | -71,253.00 | -61,620.00 | -489,996.00 | -81,444.00 | -2,670.00 | -99,018.00 | 73,989.00 | 29,475.00 | 31,623.00 | -41,256.00 | 42,486.00 | 20,316.00 | 12,552.00 |
| Net Income Non-Controlling Interests | 514,469.00 | 405,172.00 | 367,822.00 | -131,416.00 | 217,292.00 | 96,958.00 | 36,566.00 | 45,441.00 | 310,162.00 | 44,098.00 | -3,319.00 | 76,161.00 | -64,614.00 | -29,839.00 | -26,140.00 | 37,536.00 | -43,372.00 | -23,576.00 | -13,384.00 |
| Net Income | -306,445.00 | -235,394.00 | -200,315.00 | 98,516.00 | -157,858.00 | -81,287.00 | -34,687.00 | -16,179.00 | -179,834.00 | -37,346.00 | -5,989.00 | -22,857.00 | 9,375.00 | -364.00 | 5,483.00 | -3,720.00 | -886.00 | -3,260.00 | -832.00 |
| EBIT | -28,147.00 | -13,966.00 | -38,451.00 | -105,007.00 | 128,131.00 | 115,291.00 | 61,390.00 | -22,068.00 | -58,480.00 | 33,742.00 | 28,782.00 | -85,305.00 | 105,104.00 | 63,007.00 | 37,759.00 | -56,283.00 | 90,346.00 | 56,168.00 | 27,632.00 |
| Deprecation and Amortization | 207,310.00 | 162,249.00 | 116,225.00 | 623,895.00 | 267,803.00 | 182,116.00 | 92,334.00 | 1,161,580.00 | 124,214.00 | 74,764.00 | 37,245.00 | 256,489.00 | 117,678.00 | 79,686.00 | 40,113.00 | 354,941.00 | 121,051.00 | 79,386.00 | 39,684.00 |
| EBITDA | 179,163.00 | 148,283.00 | 77,774.00 | 518,888.00 | 395,934.00 | 297,407.00 | 153,724.00 | 1,139,512.00 | 65,734.00 | 108,506.00 | 66,027.00 | 171,184.00 | 222,782.00 | 142,693.00 | 77,872.00 | 298,658.00 | 211,397.00 | 135,554.00 | 67,316.00 |
| 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 | 224,670.45 | 226,591.69 | 230,263.71 | 230,703.55 | 230,388.12 | 230,350.15 | 230,319.72 | 249,569.59 | 113,017.88 | 103,966.91 | 103,782.95 | 103,872.35 | 103,654.16 | 103,622.89 | 103,596.18 | 111,189.31 | 96,498.75 | 93,968.01 | 91,479.50 |
| Average Shares Outstanding Diluted | 224,670.45 | 226,591.69 | 230,263.71 | 230,703.55 | 230,388.12 | 230,350.15 | 230,319.72 | 249,569.59 | 113,017.88 | 103,966.91 | 103,782.95 | 103,872.35 | 103,654.16 | 103,622.89 | 103,596.18 | 111,189.31 | 96,498.75 | 93,968.01 | 91,479.50 |
| 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 | 167,228.00 | 111,194.00 | 59,167.00 | -179,932.00 | 224,671.00 | 162,545.00 | 92,186.00 | -91,581.00 | 87,951.00 | 84,358.00 | 63,015.00 | -145,498.00 | 159,606.00 | 105,893.00 | 61,819.00 | -76,688.00 | 158,063.00 | 57,898.00 | 53,220.00 |
| Operating Net Income | -820,914.00 | -640,566.00 | -568,137.00 | 229,932.00 | -375,150.00 | -178,245.00 | -71,253.00 | -61,620.00 | -489,996.00 | -81,444.00 | -2,670.00 | -99,018.00 | 73,989.00 | 29,475.00 | 31,623.00 | -41,256.00 | 42,486.00 | 20,316.00 | 12,552.00 |
| Deprecation and Amortization | 207,310.00 | 162,249.00 | 116,225.00 | 623,895.00 | 267,803.00 | 182,116.00 | 92,334.00 | 1,161,580.00 | 124,214.00 | 74,764.00 | 37,245.00 | 256,489.00 | 117,678.00 | 79,686.00 | 40,113.00 | 354,941.00 | 121,051.00 | 79,386.00 | 39,684.00 |
| Deferred Income Tax | 0 | 0 | 0 | -258.00 | 0 | 0 | 0 | -2,380.00 | 0 | 0 | 0 | -1,957.00 | 0 | 0 | 0 | -2,153.00 | 0 | 0 | 0 |
| Share Based Compensation | 9,490.00 | 6,431.00 | 3,093.00 | -3,977.00 | 6,622.00 | 4,313.00 | 1,973.00 | -7,662.00 | 16,239.00 | 5,795.00 | 2,925.00 | -5,957.00 | 9,217.00 | 6,085.00 | 2,727.00 | -5,434.00 | 8,305.00 | 5,584.00 | 2,577.00 |
| Change in Working Capital | -14,031.00 | -17,994.00 | -27,308.00 | -14,380.00 | 2,856.00 | -24,203.00 | -8,200.00 | -13,477.00 | 3,661.00 | -11,590.00 | 3,484.00 | -15,359.00 | 8,930.00 | -2,865.00 | 6,308.00 | -98,763.00 | 28,797.00 | 69,708.00 | 4,290.00 |
| Other Operating Activities | 785,373.00 | 601,074.00 | 535,294.00 | -1,015,144.00 | 322,540.00 | 178,564.00 | 77,332.00 | -1,168,022.00 | 433,833.00 | 96,833.00 | 22,031.00 | -279,696.00 | -50,208.00 | -6,488.00 | -18,952.00 | -284,023.00 | -42,576.00 | -117,096.00 | -5,883.00 |
| Investing Cash Flow | 1,385,018.00 | 1,253,997.00 | 900,746.00 | -71,734.00 | 515,349.00 | 281,128.00 | 35,158.00 | 183,202.00 | -553,780.00 | -92,519.00 | -88,802.00 | 67,908.00 | -47,219.00 | -35,444.00 | -1,782.00 | 147,439.00 | -309,776.00 | -269,786.00 | -4,447.00 |
| 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 | 26,199.00 | 19,579.00 | 9,756.00 | -13,610.00 | 32,783.00 | 18,479.00 | 7,976.00 | -869.00 | 29,568.00 | 11,157.00 | 7,440.00 | 4,225.00 | 19,155.00 | 4,780.00 | 1,782.00 | -5,843.00 | 5,976.00 | 4,544.00 | 3,247.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 608.00 | 450,776.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1,358,819.00 | 1,234,418.00 | 890,990.00 | -58,124.00 | 482,566.00 | 262,649.00 | 27,182.00 | 183,463.00 | -1,034,124.00 | -103,676.00 | -96,242.00 | 63,683.00 | -66,374.00 | -40,224.00 | -3,564.00 | 153,282.00 | -315,752.00 | -274,330.00 | -7,694.00 |
| Financing Cash Flow | -1,584,101.00 | -1,420,633.00 | -975,631.00 | 292,941.00 | -730,348.00 | -450,057.00 | -107,892.00 | -111,787.00 | 537,038.00 | 4,219.00 | 39,539.00 | -27,788.00 | -58,936.00 | -39,667.00 | -23,351.00 | -346,918.00 | 207,817.00 | 264,672.00 | 92,752.00 |
| Net Issuance/Repayment of Debt | 3,217,376.00 | 1,628,170.00 | 905,170.00 | -740,714.00 | 1,084,882.00 | 817,988.00 | 132,726.00 | -342,023.00 | 949,945.00 | 355,983.00 | 91,040.00 | -78,674.00 | 145,078.00 | 78,766.00 | 35,000.00 | -26,017.00 | 166,133.00 | 117,696.00 | 15,000.00 |
| Net Issuance/Repurchase of Equity | 82,913.00 | 75,973.00 | 19,417.00 | 7.00 | 552.00 | 424.00 | 55.00 | -203.00 | 1,091.00 | 321.00 | -21.00 | -7,290.00 | 6,345.00 | 4,852.00 | 2,396.00 | -293,663.00 | 230,115.00 | 171,917.00 | 121,709.00 |
| Dividends Paid | 182,559.00 | 129,293.00 | 74,878.00 | -185,149.00 | 241,595.00 | 167,161.00 | 92,709.00 | -44,987.00 | 143,740.00 | 93,920.00 | 46,957.00 | -93,260.00 | 140,984.00 | 93,434.00 | 46,782.00 | -78,267.00 | 140,368.00 | 94,949.00 | 41,198.00 |
| Other Financing Activities | -5,066,949.00 | -3,254,069.00 | -1,975,096.00 | 1,218,797.00 | -2,057,377.00 | -1,435,630.00 | -333,382.00 | 275,426.00 | -557,738.00 | -446,005.00 | -98,437.00 | 151,436.00 | -351,343.00 | -216,719.00 | -107,529.00 | 51,029.00 | -328,799.00 | -119,890.00 | -85,155.00 |
| Net Change in Cash | -31,855.00 | -55,442.00 | -15,718.00 | 41,275.00 | 9,672.00 | -6,384.00 | 19,452.00 | -20,166.00 | 71,209.00 | -3,942.00 | 13,752.00 | -105,378.00 | 53,451.00 | 30,782.00 | 36,686.00 | -276,167.00 | 56,104.00 | 52,784.00 | 141,525.00 |
| Cash at Beginning of Period | 234,464.00 | 237,590.00 | 221,909.00 | 182,933.00 | 171,103.00 | 178,877.00 | 164,245.00 | 182,565.00 | 107,228.00 | 109,128.00 | 106,841.00 | 209,823.00 | 81,197.00 | 86,355.00 | 91,388.00 | 369,478.00 | 122,955.00 | 124,131.00 | 122,695.00 |
| Cash at End of Period | 202,609.00 | 182,148.00 | 206,191.00 | 224,208.00 | 180,775.00 | 172,493.00 | 183,697.00 | 162,399.00 | 178,437.00 | 105,186.00 | 120,593.00 | 104,445.00 | 134,648.00 | 117,137.00 | 128,074.00 | 93,311.00 | 179,059.00 | 176,915.00 | 264,220.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |