Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -3.62 -0.77 -0.80 -3.61
Price to Sales 1.78
Book Value Per Common Share 0.13 0.28 0.13 1.60 4.34
Price to Book 6.95 3.28 16.97 7.05
Price to Operating Cash Flow -59.12 -0.88 -0.98 -4.48
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 -4.87 -3.73 -6.88 -9.86 30.03 -6.21 -0.81 -1.25 -2.42 -5.60 -5.58 -11.42 -5.28 -5.14 -11.86
Price to Sales 17.25 13.06 25.23 2.12 2.12
Book Value Per Common Share -0.71 -0.41 -0.06 0.13 0.24 0.36 0.12 0.28 0.46 -1.32 -0.60 0.13 0.60 -0.43 0.39 1.60 2.26 2.95 3.65 4.34
Price to Book -3.69 -3.03 -20.00 6.95 4.13 2.50 9.99 3.28 1.79 -0.91 -2.11 16.97 19.97 -19.51 22.03 7.05 5.57 2.75 2.53
Price to Operating Cash Flow -4.86 -3.22 -6.28 6.97 3.18 -5.09 -0.85 -1.25 -2.26 -6.99 -6.24 -12.32 -6.32 -5.68 -11.64
Price to Free Cash Flow
Enterprise Value to EBITDA 1646942.36

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY
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 62.19 115.94 9.89
EBITDA YoY -94.74
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 1.30 1.94 3.02 4.35 6.95
Quick Ratio 6.78
Current Ratio 6.88 5.94 5.32 8.32 13.51
Debt to Equity 9.69 3.97 21.56 1.83 0.68
Long-Term Debt to Equity 8.16 3.15 17.48 1.50 0.56
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 0.79 0.94 1.14 1.30 1.45 1.57 1.08 1.32 2.57 1.70 2.13 2.71 3.74 2.91 3.58 4.29 4.91 5.46 6.13 6.95
Quick Ratio 3.20 4.26 5.62 6.78 6.66 8.01 4.04
Current Ratio 3.28 4.40 5.71 6.88 6.74 8.21 7.13 5.94 8.07 4.32 5.19 5.32 5.93 5.24 8.12 8.32 10.42 13.91 15.82 13.51
Debt to Equity -3.54 -6.23 -45.89 9.69 5.48 3.58 8.71 3.97 2.33 -3.89 -8.73 21.56 4.74 -15.93 8.77 1.83 1.28 0.96 0.77 0.68
Long-Term Debt to Equity -2.78 -5.06 -38.18 8.16 4.54 3.03 7.37 3.15 1.92 -3.25 -7.30 17.48 3.81 -13.24 7.62 1.50 1.07 0.82 0.67 0.56

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -17.93 -57.65 -84.19 -68.09 -45.11
ROE -191.67 -286.47 -1899.30 -192.65 -75.89
Gross Margin
Operating Margin -38.46
EBITDA Margin -23.46
Net Profit Margin -49.28
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 -58.97 -31.09 -13.06 -6.70 1.96 -16.17 -37.84 -50.43 -22.36 -53.66 -46.47 -19.61 -45.92 -27.16 -11.95
ROE 149.55 162.47 586.21 -43.41 8.96 -156.90 -125.86 145.96 172.78 -308.09 694.07 -191.60 -104.66 -53.23 -21.19
Gross Margin
Operating Margin -331.37 -324.73 -342.34 -10.84 18.56
EBITDA Margin -311.27 -300.57 -311.95 1.29 26.92
Net Profit Margin -355.13 -350.41 -370.08 -22.31 7.62

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 315,292.00 311,916.00 272,450.00 343,657.00 539,433.00
   Current Assets 309,888.00 306,519.00 261,880.00 331,780.00 522,322.00
      Cash and Short-Term Investments 294,518.00 296,425.00 255,678.00 325,282.00 513,193.00
            Cash and Cash Equivalents 46,074.00 32,109.00 111,973.00 183,467.00 486,620.00
            Short-Term Investments 248,444.00 264,316.00 143,705.00 141,815.00 26,573.00
      Net Receivables 10,638.00 0 0 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 4,732.00 10,094.00 6,202.00 6,498.00 9,129.00
   Non-Current Assets 5,404.00 5,397.00 10,570.00 11,877.00 17,111.00
      Property, Plant, Equipment Net 5,121.00 4,779.00 9,890.00 10,797.00 16,084.00
      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 0 0 0 0 0
      Other Non-Current Assets 283.00 618.00 680.00 1,080.00 1,027.00
Liabilities 285,800.00 249,147.00 260,373.00 222,194.00 218,749.00
   Current Liabilities 45,010.00 51,598.00 49,230.00 39,859.00 38,650.00
      Payables and Expenses 17,505.00 32,206.00 21,991.00 23,654.00 28,219.00
            Account Payables 2,319.00 5,526.00 1,459.00 3,244.00 7,508.00
            Current Accrued Liabilities 15,186.00 26,680.00 20,532.00 20,410.00 20,711.00
      Short-Term Debt 0 11,613.00 11,613.00 2,902.00 3,633.00
      Other Current Liabilities 27,505.00 7,779.00 15,626.00 13,303.00 6,798.00
   Non-Current Liabilities 240,790.00 197,549.00 211,143.00 182,335.00 180,099.00
      Long-Term Debt 4,398.00 1,926.00 28,015.00 32,297.00 36,457.00
      Other Non-Current Liabilities 236,392.00 195,623.00 183,128.00 150,038.00 143,642.00
Equity 29,492.00 62,769.00 12,077.00 121,463.00 320,684.00
   Shareholders Equity 29,492.00 62,769.00 12,077.00 121,463.00 320,684.00
      Capital Stock 23.00 23.00 10.00 8.00 8.00
      Share Premium 1,296,848.00 1,275,136.00 1,044,864.00 932,944.00 897,607.00
      Retained Earnings -1,268,568.00 -1,212,040.00 -1,032,223.00 -811,534.00 -577,530.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 1,189.00 -350.00 -574.00 45.00 599.00
   Minority Interest 0 0 0 0 0
Investments 248,444.00 264,316.00 143,705.00 141,815.00 26,573.00
Debt 4,398.00 25,152.00 51,241.00 32,297.00 36,457.00
Common Shares Outstanding 226,604.14 225,409.32 94,423.18 75,752.66 73,874.90
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 114,701.00 0 0 0 0
Operating Expenses 174,620.00 183,759.00 218,593.00 216,124.00 233,962.00
   Selling, General and Administrative Expenses 36,133.00 38,455.00 47,609.00 45,782.00 49,728.00
   Research and Development Expenses 138,487.00 135,304.00 170,919.00 170,267.00 160,854.00
   Other Operating Expenses 0.00 10,000.00 65.00 75.00 23,380.00
Operating Income -59,919.00 -183,759.00 -218,593.00 -216,124.00 -233,962.00
Net Non-Operating Income 4,284.00 3,950.00 -10,777.00 -17,872.00 -9,398.00
Interest Income 13,296.00 15,508.00 0 0 0
Interest Expense 11,517.00 13,511.00 13,880.00 19,440.00 12,666.00
Net Interest 1,779.00 1,997.00 0 0 0
EBT -55,635.00 -179,809.00 -229,370.00 -233,996.00 -243,360.00
Income Tax 893.00 0.00 0.00 0.00 0.00
Net Income -56,528.00 -179,817.00 -229,378.00 -234,004.00 -243,360.00
EBIT -44,118.00 -166,298.00 -215,490.00 -214,556.00 -230,694.00
Deprecation and Amortization 17,213.00 13,835.00 5,834.00 1,401.00 1,311.00
EBITDA -26,905.00 -152,463.00 -209,656.00 -213,155.00 -229,383.00
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 226,228.02 152,621.67 84,574.87 74,843.48 0
Average Shares Outstanding Diluted 226,228.02 152,621.67 84,574.87 74,843.48 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -3,468.00 -159,158.00 -187,032.00 -188,890.00 -176,360.00
   Operating Net Income -56,528.00 -179,817.00 -229,378.00 -234,004.00 -243,360.00
   Deprecation and Amortization 17,213.00 13,835.00 5,834.00 1,401.00 1,311.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 20,619.00 28,518.00 42,553.00 32,008.00 38,748.00
   Change in Working Capital 50,052.00 3,648.00 -2,551.00 -6,576.00 10,801.00
   Other Operating Activities -34,824.00 -25,342.00 -3,490.00 18,281.00 16,140.00
Investing Cash Flow 29,023.00 -110,970.00 -1,035.00 -117,427.00 215,342.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 410.00 1,546.00 1,503.00
   Net Purchase/Sale of Investments Net 494,777.00 441,670.00 238,060.00 152,031.00 108,968.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -465,754.00 -552,640.00 -239,505.00 -271,004.00 104,871.00
Financing Cash Flow -11,488.00 190,154.00 117,090.00 3,329.00 312,540.00
   Net Issuance/Repayment of Debt 12,581.00 11,613.00 5,806.00 0 193,596.00
   Net Issuance/Repurchase of Equity 629.00 201,767.00 122,896.00 3,329.00 118,944.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -24,698.00 -23,226.00 -11,612.00 0.00 0.00
Net Change in Cash 13,965.00 -79,864.00 -71,494.00 -303,153.00 351,531.00
   Cash at Beginning of Period 32,109.00 111,973.00 183,467.00 486,620.00 135,089.00
   Cash at End of Period 46,074.00 32,109.00 111,973.00 183,467.00 486,620.00
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 208,820.00 240,925.00 280,589.00 315,292.00 350,879.00 373,448.00 259,360.00 311,916.00 347,925.00 181,746.00 219,906.00 272,450.00 323,538.00 245,844.00 294,679.00 343,657.00 387,038.00 432,510.00 482,469.00 539,433.00
   Current Assets 203,989.00 235,898.00 275,475.00 309,888.00 344,268.00 370,903.00 255,269.00 306,519.00 341,490.00 173,376.00 210,413.00 261,880.00 312,032.00 232,682.00 280,774.00 331,780.00 373,992.00 416,987.00 465,847.00 522,322.00
      Cash and Short-Term Investments 180,224.00 212,918.00 257,934.00 294,518.00 327,034.00 354,488.00 244,394.00 296,425.00 328,888.00 162,126.00 201,856.00 255,678.00 304,383.00 222,161.00 271,687.00 325,282.00 366,084.00 406,485.00 453,862.00 513,193.00
            Cash and Cash Equivalents 8,933.00 26,309.00 29,021.00 46,074.00 28,464.00 86,877.00 38,863.00 32,109.00 82,609.00 37,004.00 65,242.00 111,973.00 153,477.00 94,316.00 138,971.00 183,467.00 213,538.00 343,019.00 440,224.00 486,620.00
            Short-Term Investments 171,291.00 186,609.00 228,913.00 248,444.00 298,570.00 267,611.00 205,531.00 264,316.00 246,279.00 125,122.00 136,614.00 143,705.00 150,906.00 127,845.00 132,716.00 141,815.00 152,546.00 63,466.00 13,638.00 26,573.00
      Net Receivables 18,443.00 15,179.00 13,183.00 10,638.00 13,188.00 7,229.00 0 0 0 100.00 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 5,322.00 7,801.00 4,358.00 4,732.00 4,046.00 9,186.00 10,875.00 10,094.00 12,602.00 11,150.00 8,557.00 6,202.00 7,649.00 10,521.00 9,087.00 6,498.00 7,908.00 10,502.00 11,985.00 9,129.00
   Non-Current Assets 4,831.00 5,027.00 5,114.00 5,404.00 6,611.00 2,545.00 4,091.00 5,397.00 6,435.00 8,370.00 9,493.00 10,570.00 11,506.00 13,162.00 13,905.00 11,877.00 13,046.00 15,523.00 16,622.00 17,111.00
      Property, Plant, Equipment Net 4,424.00 4,644.00 4,804.00 5,121.00 6,328.00 2,486.00 3,478.00 4,779.00 5,786.00 7,600.00 8,750.00 9,890.00 10,877.00 11,908.00 12,886.00 10,797.00 11,932.00 14,453.00 15,612.00 16,084.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 407.00 383.00 310.00 283.00 283.00 59.00 613.00 618.00 649.00 770.00 743.00 680.00 629.00 1,254.00 1,019.00 1,080.00 1,114.00 1,070.00 1,010.00 1,027.00
Liabilities 291,153.00 287,032.00 286,839.00 285,800.00 296,743.00 291,919.00 232,638.00 249,147.00 243,308.00 244,546.00 248,362.00 260,373.00 267,187.00 262,305.00 264,520.00 222,194.00 217,229.00 211,817.00 210,385.00 218,749.00
   Current Liabilities 62,117.00 53,594.00 48,223.00 45,010.00 51,085.00 45,185.00 35,819.00 51,598.00 42,316.00 40,140.00 40,571.00 49,230.00 52,645.00 44,408.00 34,568.00 39,859.00 35,896.00 29,982.00 29,444.00 38,650.00
      Payables and Expenses 20,407.00 14,521.00 15,613.00 17,505.00 20,480.00 17,311.00 17,301.00 32,206.00 18,713.00 16,465.00 17,435.00 21,991.00 31,899.00 30,138.00 17,610.00 23,654.00 22,090.00 16,776.00 17,935.00 28,219.00
            Account Payables 1,116.00 1,876.00 3,389.00 2,319.00 3,057.00 1,000.00 2,660.00 5,526.00 1,251.00 2,205.00 2,731.00 1,459.00 363.00 3,908.00 592.00 3,244.00 1,185.00 895.00 1,073.00 7,508.00
            Current Accrued Liabilities 19,291.00 12,645.00 12,224.00 15,186.00 17,423.00 16,311.00 14,641.00 26,680.00 17,462.00 14,260.00 14,704.00 20,532.00 31,536.00 26,230.00 17,018.00 20,410.00 20,905.00 15,881.00 16,862.00 20,711.00
      Short-Term Debt 919.00 890.00 853.00 0 0 0 19,266.00 11,613.00 11,613.00 11,613.00 11,613.00 11,613.00 11,613.00 11,613.00 2,761.00 2,902.00 3,030.00 3,403.00 3,518.00 3,633.00
      Other Current Liabilities 40,791.00 38,183.00 31,757.00 27,505.00 30,605.00 27,874.00 -748.00 7,779.00 11,990.00 12,062.00 11,523.00 15,626.00 9,133.00 2,657.00 14,197.00 13,303.00 10,776.00 9,803.00 7,991.00 6,798.00
   Non-Current Liabilities 229,036.00 233,438.00 238,616.00 240,790.00 245,658.00 246,734.00 196,819.00 197,549.00 200,992.00 204,406.00 207,791.00 211,143.00 214,542.00 217,897.00 229,952.00 182,335.00 181,333.00 181,835.00 180,941.00 180,099.00
      Long-Term Debt 3,700.00 3,934.00 4,170.00 4,398.00 4,593.00 0 0 1,926.00 8,497.00 15,036.00 21,543.00 28,015.00 34,530.00 40,998.00 34,873.00 32,297.00 32,955.00 35,070.00 35,773.00 36,457.00
      Other Non-Current Liabilities 225,336.00 229,504.00 234,446.00 236,392.00 241,065.00 0 0 195,623.00 192,495.00 189,370.00 186,248.00 183,128.00 180,012.00 176,899.00 195,079.00 150,038.00 148,378.00 146,765.00 145,168.00 143,642.00
Equity -82,333.00 -46,107.00 -6,250.00 29,492.00 54,136.00 81,529.00 26,722.00 62,769.00 104,617.00 -62,800.00 -28,456.00 12,077.00 56,351.00 -16,461.00 30,159.00 121,463.00 169,809.00 220,693.00 272,084.00 320,684.00
   Shareholders Equity -164,666.00 -92,214.00 -12,500.00 29,492.00 54,136.00 81,529.00 26,722.00 62,769.00 104,617.00 -125,600.00 -56,912.00 12,077.00 56,351.00 -32,922.00 30,159.00 121,463.00 169,809.00 220,693.00 272,084.00 320,684.00
      Capital Stock 24.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 10.00 10.00 10.00 10.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00
      Share Premium 1,314,450.00 1,302,437.00 1,299,757.00 1,296,848.00 1,291,883.00 1,286,760.00 1,281,295.00 1,275,136.00 1,269,104.00 1,061,555.00 1,053,358.00 1,044,864.00 1,033,385.00 901,141.00 891,121.00 932,944.00 924,914.00 915,414.00 907,089.00 897,607.00
      Retained Earnings -1,391,700.00 -1,343,479.00 -1,305,206.00 -1,268,568.00 -1,235,539.00 -1,204,736.00 -1,253,968.00 -1,212,040.00 -1,163,892.00 -1,123,884.00 -1,081,388.00 -1,032,223.00 -976,459.00 -917,096.00 -860,630.00 -811,534.00 -755,250.00 -695,003.00 -635,171.00 -577,530.00
      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 -5,107.00 -5,088.00 -824.00 1,189.00 -2,231.00 -518.00 -628.00 -350.00 -618.00 -481.00 -436.00 -574.00 -585.00 -514.00 -340.00 45.00 137.00 274.00 158.00 599.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 171,291.00 186,609.00 228,913.00 248,444.00 298,570.00 267,611.00 205,531.00 264,316.00 246,279.00 125,122.00 136,614.00 143,705.00 150,906.00 127,845.00 132,716.00 141,815.00 152,546.00 63,466.00 13,638.00 26,573.00
Debt 3,700.00 3,934.00 4,170.00 4,398.00 4,593.00 0 19,266.00 25,152.00 31,723.00 38,262.00 44,769.00 51,241.00 34,530.00 40,998.00 34,873.00 32,297.00 32,955.00 35,070.00 35,773.00 36,457.00
Common Shares Outstanding 231,306.12 227,322.53 227,221.26 226,604.14 226,604.14 226,227.26 226,218.65 225,409.32 225,409.32 95,452.70 95,444.10 94,423.18 93,914.20 76,736.23 76,553.94 75,752.66 75,300.07 74,834.95 74,493.15 73,874.90
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 34,672.00 21,378.00 9,900.00 -86,463.00 105,322.00 95,842.00 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 159,361.00 96,953.00 46,699.00 -82,166.00 129,113.00 85,714.00 41,959.00 -93,157.00 134,732.00 94,242.00 47,942.00 -108,201.00 164,236.00 108,215.00 54,343.00 -110,341.00 164,463.00 108,799.00 53,203.00
   Selling, General and Administrative Expenses 26,727.00 17,337.00 8,658.00 -18,408.00 26,738.00 18,236.00 9,567.00 -21,183.00 29,398.00 20,108.00 10,132.00 -22,445.00 34,775.00 23,278.00 12,001.00 -23,241.00 35,068.00 22,609.00 11,346.00
   Research and Development Expenses 125,158.00 79,616.00 38,041.00 -63,758.00 102,375.00 67,478.00 32,392.00 -81,959.00 105,334.00 74,134.00 37,795.00 -85,716.00 129,411.00 84,902.00 42,322.00 -87,040.00 129,335.00 86,145.00 41,827.00
   Other Operating Expenses 7,476.00 0.00 0.00 0.00 0.00 0.00 0.00 9,985.00 0.00 0.00 15.00 -40.00 50.00 35.00 20.00 -60.00 60.00 45.00 30.00
Operating Income -124,689.00 -75,575.00 -36,810.00 -4,297.00 -23,791.00 10,128.00 -41,959.00 93,157.00 -134,732.00 -94,242.00 -47,942.00 108,201.00 -164,236.00 -108,215.00 -54,343.00 110,341.00 -164,463.00 -108,799.00 -53,203.00
Net Non-Operating Income 1,557.00 664.00 172.00 -953.00 3,595.00 1,611.00 31.00 -471.00 3,063.00 2,581.00 -1,223.00 8,079.00 -9,378.00 -6,036.00 -3,442.00 8,497.00 -13,257.00 -8,674.00 -4,438.00
Interest Income 9,761.00 6,326.00 3,040.00 -9,617.00 11,302.00 8,138.00 3,473.00 -8,749.00 11,959.00 8,211.00 4,087.00 0 11,412.00 7,472.00 3,691.00 0 15,028.00 9,948.00 4,973.00
Interest Expense 8,238.00 5,490.00 2,746.00 -6,436.00 8,779.00 6,045.00 3,129.00 -7,190.00 10,272.00 6,929.00 3,500.00 -6,958.00 10,423.00 6,948.00 3,467.00 -9,457.00 14,503.00 9,614.00 4,780.00
Net Interest 1,523.00 836.00 294.00 -3,181.00 2,523.00 2,093.00 344.00 -1,559.00 1,687.00 1,282.00 587.00 0 989.00 524.00 224.00 0 525.00 334.00 193.00
EBT -123,132.00 -74,911.00 -36,638.00 -5,250.00 -20,196.00 11,739.00 -41,928.00 92,686.00 -131,669.00 -91,661.00 -49,165.00 116,280.00 -173,614.00 -114,251.00 -57,785.00 118,838.00 -177,720.00 -117,473.00 -57,641.00
Income Tax 0.00 0.00 0.00 -6,845.00 3,303.00 4,435.00 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 -123,132.00 -74,911.00 -36,638.00 1,595.00 -23,499.00 7,304.00 -41,928.00 92,678.00 -131,669.00 -91,661.00 -49,165.00 116,272.00 -173,614.00 -114,251.00 -57,785.00 118,830.00 -177,720.00 -117,473.00 -57,641.00
EBIT -114,894.00 -69,421.00 -33,892.00 -11,686.00 -11,417.00 17,784.00 -38,799.00 85,496.00 -121,397.00 -84,732.00 -45,665.00 109,322.00 -163,191.00 -107,303.00 -54,318.00 109,381.00 -163,217.00 -107,859.00 -52,861.00
Deprecation and Amortization 6,971.00 5,166.00 3,009.00 -7,612.00 12,774.00 8,018.00 4,033.00 -3,410.00 9,247.00 5,327.00 2,671.00 -756.00 3,567.00 2,051.00 972.00 -782.00 1,106.00 727.00 350.00
EBITDA -107,923.00 -64,255.00 -30,883.00 -19,298.00 1,357.00 25,802.00 -34,766.00 82,086.00 -112,150.00 -79,405.00 -42,994.00 108,566.00 -159,624.00 -105,252.00 -53,346.00 108,599.00 -162,111.00 -107,132.00 -52,511.00
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 227,362.59 227,048.02 226,818.05 227,096.88 226,101.73 225,978.22 225,735.24 292,363.68 128,092.50 95,160.20 94,870.29 104,817.13 81,304.09 76,283.56 75,894.69 76,302.96 74,592.63 74,384.80 74,093.53
Average Shares Outstanding Diluted 227,362.59 227,048.02 226,818.05 227,096.88 226,101.73 225,978.22 225,735.24 292,363.68 128,092.50 95,160.20 94,870.29 104,817.13 81,304.09 76,283.56 75,894.69 76,302.96 74,592.63 74,384.80 74,093.53
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 -122,952.00 -86,785.00 -39,724.00 -47,225.00 32,013.00 64,046.00 -52,302.00 110,805.00 -125,734.00 -91,240.00 -52,989.00 108,058.00 -139,302.00 -102,305.00 -53,483.00 124,733.00 -148,381.00 -106,346.00 -58,896.00
   Operating Net Income -123,132.00 -74,911.00 -36,638.00 1,595.00 -23,499.00 7,304.00 -41,928.00 92,678.00 -131,669.00 -91,661.00 -49,165.00 116,272.00 -173,614.00 -114,251.00 -57,785.00 118,830.00 -177,720.00 -117,473.00 -57,641.00
   Deprecation and Amortization 6,971.00 5,166.00 3,009.00 -7,612.00 12,774.00 8,018.00 4,033.00 -3,410.00 9,247.00 5,327.00 2,671.00 -756.00 3,567.00 2,051.00 972.00 -782.00 1,106.00 727.00 350.00
   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 7,657.00 4,991.00 2,405.00 -11,658.00 15,654.00 10,812.00 5,811.00 -18,419.00 22,486.00 16,324.00 8,127.00 -20,516.00 31,104.00 20,982.00 10,983.00 -17,811.00 24,349.00 16,762.00 8,708.00
   Change in Working Capital 230.00 -2,487.00 -2,976.00 -54,015.00 58,473.00 59,124.00 -13,530.00 3,699.00 2,789.00 -575.00 -2,265.00 2,893.00 -1,891.00 -324.00 -3,229.00 18,839.00 -7,145.00 -9,815.00 -8,455.00
   Other Operating Activities -14,678.00 -19,544.00 -5,524.00 24,465.00 -31,389.00 -21,212.00 -6,688.00 36,257.00 -28,587.00 -20,655.00 -12,357.00 10,165.00 1,532.00 -10,763.00 -4,424.00 5,657.00 11,029.00 3,453.00 -1,858.00
Investing Cash Flow 83,202.00 66,188.00 22,062.00 -11,018.00 -24,193.00 2,561.00 61,673.00 -44,746.00 -96,604.00 21,658.00 8,722.00 -13,055.00 -9,499.00 13,099.00 8,420.00 36,583.00 -127,870.00 -38,108.00 11,968.00
   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 79.00 79.00 26.00 0 0 0 0 0 0 0 0 -332.00 308.00 277.00 157.00 -1,659.00 1,463.00 940.00 802.00
   Net Purchase/Sale of Investments Net 206,119.00 176,533.00 101,012.00 -282,182.00 411,093.00 279,739.00 86,127.00 -89,909.00 321,404.00 133,312.00 76,863.00 -32,573.00 160,641.00 72,589.00 37,403.00 -41,789.00 143,897.00 49,923.00 0
   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 -122,996.00 -110,424.00 -78,976.00 271,164.00 -435,286.00 -277,178.00 -24,454.00 45,163.00 -418,008.00 -111,654.00 -68,141.00 19,850.00 -170,448.00 -59,767.00 -29,140.00 80,031.00 -273,230.00 -88,971.00 11,166.00
Financing Cash Flow 2,470.00 598.00 504.00 14,324.00 -11,488.00 -11,769.00 -2,555.00 5,073.00 193,057.00 -5,440.00 -2,536.00 -4,336.00 119,963.00 742.00 721.00 -1,448.00 2,958.00 1,045.00 774.00
   Net Issuance/Repayment of Debt 0 0 0 -15,484.00 12,581.00 12,581.00 2,903.00 -5,807.00 8,710.00 5,807.00 2,903.00 2,903.00 2,903.00 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 2,470.00 598.00 504.00 -696.00 629.00 348.00 348.00 -734.00 201,767.00 367.00 367.00 -1,433.00 122,866.00 742.00 721.00 -1,448.00 2,958.00 1,045.00 774.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 0.00 0.00 0.00 30,504.00 -24,698.00 -24,698.00 -5,806.00 11,614.00 -17,420.00 -11,614.00 -5,806.00 -5,806.00 -5,806.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Change in Cash -37,141.00 -19,765.00 -17,053.00 -43,912.00 -3,645.00 54,768.00 6,754.00 71,200.00 -29,364.00 -74,969.00 -46,731.00 92,143.00 -29,990.00 -89,151.00 -44,496.00 159,684.00 -273,082.00 -143,601.00 -46,154.00
   Cash at Beginning of Period 46,074.00 46,074.00 46,074.00 89,986.00 32,109.00 32,109.00 32,109.00 -39,091.00 111,973.00 111,973.00 111,973.00 19,830.00 183,467.00 183,467.00 183,467.00 23,783.00 486,620.00 486,620.00 486,378.00
   Cash at End of Period 8,933.00 26,309.00 29,021.00 46,074.00 28,464.00 86,877.00 38,863.00 32,109.00 82,609.00 37,004.00 65,242.00 111,973.00 153,477.00 94,316.00 138,971.00 183,467.00 213,538.00 343,019.00 440,224.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0