Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 13.94 16.74 11.29 6.35 10.57
Price to Sales 3.51 2.84 2.55 2.26 2.11
Book Value Per Common Share 1169.42 1075.52 1040.72 982.42 832.23
Price to Book 0.49 0.36 0.33 0.39 0.32
Price to Operating Cash Flow -968.41 10.74 2.00 7.73 -25.36
Price to Free Cash Flow
Enterprise Value to EBITDA 13008.63 8791.73 14978.29 10146.60 14376.08
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 21.10 27.95 38.34 17.08 22.13 35.79 18.47 26.88 36.88 10.84 15.91 30.37 7.68 11.14 17.39
Price to Sales 5.59 7.57 11.64 4.12 5.58 9.86 3.17 4.80 9.27 2.81 4.23 8.96 2.85 4.06 6.59
Book Value Per Common Share 820.75 812.96 801.39 1169.42 763.54 746.53 721.50 1075.52 710.20 694.50 698.19 1040.72 698.04 683.66 663.36 982.42 629.16 598.59 568.36 832.23
Price to Book 0.97 0.87 0.68 0.49 0.65 0.61 0.58 0.36 0.46 0.46 0.47 0.33 0.42 0.43 0.50 0.39 0.60 0.63 0.58 0.32
Price to Operating Cash Flow -8.68 -7.11 -4.71 -2.72 -6.86 -5.00 7.03 2.69 12.06 4.36 6.76 -5.05 -5.55 8.78 -22.50
Price to Free Cash Flow
Enterprise Value to EBITDA 23959.29 32434.02 49543.36 16163.09 22050.38 39487.48 14178.70 22205.74 41721.20 20450.11 33679.44 71553.95 17577.33 25902.09 41067.90

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 78.18 -24.23 -49.51 141.58
Revenue YoY 15.69 -2.35 -20.18 33.17
EBITDA YoY -3.61 84.78 -38.95 99.20
Net Profit YoY 55.80 -22.54 -45.32 128.72
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 49.09 77.68 41.78 75.15 46.00 35.29 44.78 71.76 44.54 81.17
Revenue YoY 51.22 96.82 47.13 89.57 51.11 89.13 48.29 91.73 41.12 86.92
EBITDA YoY 50.94 94.82 48.41 89.23 55.12 84.10 61.14 90.37 45.70 82.53
Net Profit YoY 48.43 78.58 41.67 73.64 46.94 56.99 44.70 74.31 43.65 80.25

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1609.85 2013.26 1370.66 1388.66 797.79
Quick Ratio
Current Ratio
Debt to Equity 1.01 1.01 0.99 0.99 0.98
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 1421.40 1390.64 1578.03 1700.26 1521.70 1783.86 1888.90 2121.74 1299.50 1408.88 1288.94 1440.98 1370.96 1538.81 1578.23 1459.13 1264.98 1176.15 1001.96 826.34
Quick Ratio
Current Ratio
Debt to Equity 0.86 0.86 0.86 1.01 0.86 0.86 0.86 1.01 0.85 0.85 0.85 0.99 0.85 0.85 0.86 0.99 0.86 0.86 0.85 0.98
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.37 0.24 0.35 0.64 0.35
ROE 0.73 0.48 0.70 1.27 0.69
Gross Margin 97.48 97.78 94.27 98.49 93.05
Operating Margin 246.74 285.91 151.83 205.27 133.22
EBITDA Margin 255.73 306.94 162.21 212.07 141.77
Net Profit Margin 26.68 19.81 24.98 36.46 21.23
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
ROA 0.34 0.23 0.13 0.29 0.21 0.12 0.23 0.16 0.10 0.32 0.21 0.12 0.61 0.44 0.26
ROE 0.64 0.44 0.25 0.54 0.40 0.22 0.43 0.30 0.19 0.58 0.39 0.23 1.13 0.82 0.48
Gross Margin 97.75 97.74 98.09 97.49 97.77 97.76 98.71 98.08 97.20 95.26 95.05 95.66 99.55 99.58 99.77
Operating Margin 218.91 219.22 221.94 238.10 236.06 236.81 201.72 196.79 205.63 127.48 117.36 118.71 150.95 146.30 150.15
EBITDA Margin 222.60 223.01 225.30 242.88 240.78 241.22 213.39 207.88 213.56 132.18 121.64 122.52 154.22 149.37 152.97
Net Profit Margin 28.02 28.54 31.46 25.64 26.63 29.07 21.35 21.96 26.46 27.02 27.69 30.46 37.90 37.24 38.61

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 3,905,616,000.00 3,829,319,000.00 3,391,501,000.00 3,383,528,000.00 2,721,693,000.00
   Deposits 433,013,000.00 428,417,000.00 386,665,000.00 364,227,000.00 259,962,000.00
      Cash and Short-Term Investments 528,191,000.00 686,119,000.00 482,611,000.00 486,727,000.00 284,333,000.00
            Cash and Cash Equivalents 514,359,000.00 672,372,000.00 467,719,000.00 467,790,000.00 264,552,000.00
            Short-Term Investments 13,832,000.00 13,747,000.00 14,892,000.00 18,937,000.00 19,781,000.00
      Net Receivables 970,358,000.00 895,486,000.00 367,526,000.00 103,820,000.00 82,390,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 15,607,000.00 15,811,000.00 14,362,000.00 13,102,000.00 12,400,000.00
      Real Estate 52,000.00 124,000.00 89,000.00 194,000.00 318,000.00
      Goodwill 5,853,000.00 5,916,000.00 6,374,000.00 4,285,000.00 4,332,000.00
      Intangible Assets 1,422,000.00 2,028,000.00 2,009,000.00 1,542,000.00 1,558,000.00
      Long-Term Investments 140,790,000.00 133,750,000.00 134,590,000.00 118,900,000.00 103,800,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 1,957,757,000.00 1,927,455,000.00 1,690,244,000.00 1,679,372,000.00 1,349,441,000.00
      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 69,709,000.00 75,945,000.00 38,635,000.00 18,118,000.00 25,914,000.00
      Other Current Liabilities 0 0 0 0 0
      Long-Term Debt 1,854,778,000.00 1,367,169,000.00 1,235,722,000.00 1,270,622,000.00 1,067,857,000.00
      Other Non-Current Liabilities 0 0 0 0 0
Equity 1,947,859,000.00 1,901,864,000.00 1,701,257,000.00 1,704,156,000.00 1,372,252,000.00
   Shareholders Equity 363,286,000.00 347,797,000.00 348,557,000.00 327,710,000.00 286,362,000.00
      Capital Stock 26,524,000.00 22,424,000.00 32,127,000.00 32,127,000.00 33,627,000.00
      Share Premium 61,376,000.00 60,247,000.00 59,050,000.00 56,396,000.00 55,679,000.00
      Retained Earnings 153,412,000.00 143,688,000.00 139,372,000.00 131,811,000.00 112,947,000.00
      Treasury Shares 108,500,000.00 100,445,000.00 94,631,000.00 91,136,000.00 85,940,000.00
      Accumulated Other Comprehensive Income -2,702,000.00 -2,918,000.00 -3,010,000.00 -2,068,000.00 -1,434,000.00
   Minority Interest 0 0 0 0 0
Investments 2,000,549,000.00 1,406,608,000.00 189,041,000.00 178,771,000.00 142,160,000.00
Debt 1,854,778,000.00 1,367,169,000.00 1,235,722,000.00 1,270,622,000.00 1,067,857,000.00
Net Debt 1,326,587,000.00 681,050,000.00 753,111,000.00 783,895,000.00 783,524,000.00
Common Shares Outstanding 310,653.71 323,376.35 334,918.64 333,573.25 344,088.72
Preferred Shares Outstanding 502.28 420.28 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 53,512,000.00 46,254,000.00 47,365,000.00 59,339,000.00 44,560,000.00
Cost Of Revenue 1,348,000.00 1,028,000.00 2,715,000.00 899,000.00 3,098,000.00
Interest Income 119,580,000.00 104,174,000.00 37,391,000.00 15,815,000.00 17,709,000.00
Interest Expense 73,341,000.00 93,583,000.00 30,774,000.00 10,220,000.00 14,799,000.00
Net Interest 13,118,000.00 10,062,000.00 14,295,000.00 12,065,000.00 7,661,000.00
Non-Interest Income 98,781,000.00 89,398,000.00 82,128,000.00 138,819,000.00 92,292,000.00
Non-Interest Expense 68,903,000.00 69,480,000.00 63,341,000.00 65,631,000.00 61,672,000.00
Provisions for Credit Losses 1,348,000.00 1,028,000.00 2,715,000.00 899,000.00 3,098,000.00
Gross Profit 52,164,000.00 45,226,000.00 44,650,000.00 58,440,000.00 41,462,000.00
   Selling, General and Administrative Expenses 5,262,000.00 5,224,000.00 5,533,000.00 4,755,000.00 4,014,000.00
EBT 58,697,000.00 38,663,000.00 41,138,000.00 111,583,000.00 44,564,000.00
Income Tax 2,504,000.00 1,153,000.00 827,000.00 4,858,000.00 2,324,000.00
Net Income 14,276,000.00 9,163,000.00 11,830,000.00 21,635,000.00 9,459,000.00
EBIT 132,038,000.00 132,246,000.00 71,912,000.00 121,803,000.00 59,363,000.00
Deprecation and Amortization 4,809,000.00 9,725,000.00 4,919,000.00 4,039,000.00 3,810,000.00
EBITDA 136,847,000.00 141,971,000.00 76,831,000.00 125,842,000.00 63,173,000.00
EPS 0.04 0.02 0.03 0.06 0.02
Diluted EPS 0.04 0.02 0.03 0.06 0.02
Average Shares Outstanding Basic 328,100.00 340,800.00 352,100.00 350,500.00 356,400.00
Average Shares Outstanding Diluted 333,600.00 345,800.00 358,100.00 355,800.00 360,300.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -194,000.00 12,241,000.00 60,399,000.00 17,336,000.00 -3,706,000.00
   Operating Net Income 71,380,000.00 42,580,000.00 56,305,000.00 21,635,000.00 9,459,000.00
   Deprecation and Amortization 4,809,000.00 9,725,000.00 4,919,000.00 4,039,000.00 3,810,000.00
   Deferred Income Tax -1,644,000.00 -1,740,000.00 -3,935,000.00 -236,000.00 -993,000.00
   Share Based Compensation 3,024,000.00 2,074,000.00 4,461,000.00 2,683,000.00 2,047,000.00
   Change in Working Capital 84,856,000.00 159,707,000.00 -6,020,000.00 18,857,000.00 170,000.00
   Other Operating Activities -162,619,000.00 -200,105,000.00 4,669,000.00 -29,642,000.00 -18,199,000.00
Investing Cash Flow -49,857,000.00 -45,665,000.00 -123,112,000.00 -97,676,000.00 -35,514,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 3,759,000.00 5,642,000.00 6,518,000.00 8,613,000.00 9,305,000.00
   Net Purchase/Sale of Investments Net 148,469,000.00 66,160,000.00 107,783,000.00 56,876,000.00 52,437,000.00
   Net Purchase/Sale of Business -3,622,000.00 -487,000.00 2,115,000.00 0 231,000.00
   Net Loan & Lease Activity 17,045,000.00 5,353,000.00 25,228,000.00 35,520,000.00 11,173,000.00
   Other Investing Activities -215,508,000.00 -122,333,000.00 -264,756,000.00 -198,685,000.00 -108,660,000.00
Financing Cash Flow -5,483,000.00 31,286,000.00 55,095,000.00 185,557,000.00 61,502,000.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 26,678,000.00 15,584,000.00 3,500,000.00 17,419,000.00 4,915,000.00
   Dividends Paid 4,497,000.00 4,189,000.00 3,682,000.00 2,725,000.00 2,336,000.00
   Other Financing Activities -36,658,000.00 11,513,000.00 47,913,000.00 165,413,000.00 54,251,000.00
Net Change in Cash -59,485,000.00 -248,000.00 -19,211,000.00 105,217,000.00 22,282,000.00
   Cash at Beginning of Period 241,577,000.00 241,825,000.00 261,036,000.00 0 0
   Cash at End of Period 182,092,000.00 241,577,000.00 241,825,000.00 0 0
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 3,651,966,000.00 3,606,168,000.00 3,569,722,000.00 3,905,616,000.00 3,491,070,000.00 3,341,216,000.00 3,432,262,000.00 3,829,319,000.00 3,185,398,000.00 3,175,490,000.00 3,107,302,000.00 3,391,501,000.00 3,141,584,000.00 3,229,682,000.00 3,205,816,000.00 3,383,528,000.00 2,914,476,000.00 2,802,636,000.00 2,630,922,000.00 2,721,693,000.00
   Deposits 490,249,000.00 466,143,000.00 471,134,000.00 433,013,000.00 445,311,000.00 433,105,000.00 440,662,000.00 428,417,000.00 402,962,000.00 398,853,000.00 375,531,000.00 386,665,000.00 394,733,000.00 391,326,000.00 386,808,000.00 364,227,000.00 333,038,000.00 306,142,000.00 286,018,000.00 259,962,000.00
      Cash and Short-Term Investments 447,173,000.00 441,112,000.00 506,231,000.00 528,191,000.00 502,162,000.00 593,311,000.00 633,916,000.00 686,119,000.00 445,080,000.00 485,217,000.00 446,747,000.00 482,611,000.00 483,948,000.00 543,354,000.00 554,273,000.00 486,727,000.00 445,019,000.00 415,887,000.00 357,299,000.00 284,333,000.00
            Cash and Cash Equivalents 433,059,000.00 427,052,000.00 492,205,000.00 514,359,000.00 488,163,000.00 579,254,000.00 620,233,000.00 672,372,000.00 431,338,000.00 471,459,000.00 432,148,000.00 467,719,000.00 468,589,000.00 528,205,000.00 536,988,000.00 467,790,000.00 425,680,000.00 394,842,000.00 337,857,000.00 264,552,000.00
            Short-Term Investments 14,114,000.00 14,060,000.00 14,026,000.00 13,832,000.00 13,999,000.00 14,057,000.00 13,683,000.00 13,747,000.00 13,742,000.00 13,758,000.00 14,599,000.00 14,892,000.00 15,359,000.00 15,149,000.00 17,285,000.00 18,937,000.00 19,339,000.00 21,045,000.00 19,442,000.00 19,781,000.00
      Net Receivables 1,104,121,000.00 1,069,971,000.00 1,038,432,000.00 970,358,000.00 948,001,000.00 908,076,000.00 899,565,000.00 895,486,000.00 365,233,000.00 366,285,000.00 366,989,000.00 367,526,000.00 363,231,000.00 94,440,000.00 99,760,000.00 103,820,000.00 109,600,000.00 104,230,000.00 102,460,000.00 82,390,000.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 17,064,000.00 16,626,000.00 16,035,000.00 15,607,000.00 16,402,000.00 16,051,000.00 15,971,000.00 15,811,000.00 15,985,000.00 15,782,000.00 15,028,000.00 14,362,000.00 13,937,000.00 13,718,000.00 13,472,000.00 13,102,000.00 13,018,000.00 12,880,000.00 12,630,000.00 12,400,000.00
      Real Estate 0 0 0 52,000.00 29,000.00 62,000.00 126,000.00 124,000.00 52,000.00 64,000.00 77,000.00 89,000.00 142,000.00 161,000.00 181,000.00 194,000.00 218,000.00 219,000.00 272,000.00 318,000.00
      Goodwill 5,950,000.00 5,952,000.00 5,886,000.00 5,853,000.00 5,909,000.00 5,893,000.00 5,897,000.00 5,916,000.00 5,913,000.00 5,942,000.00 6,439,000.00 6,374,000.00 6,288,000.00 6,196,000.00 5,272,000.00 4,285,000.00 4,326,000.00 4,332,000.00 4,332,000.00 4,332,000.00
      Intangible Assets 1,459,000.00 1,482,000.00 1,447,000.00 1,422,000.00 1,422,000.00 1,461,000.00 1,434,000.00 2,028,000.00 2,347,000.00 1,921,000.00 1,965,000.00 2,009,000.00 1,963,000.00 2,014,000.00 1,555,000.00 1,542,000.00 1,551,000.00 1,549,000.00 1,541,000.00 1,558,000.00
      Long-Term Investments 144,770,000.00 144,730,000.00 145,390,000.00 140,790,000.00 139,740,000.00 136,440,000.00 136,890,000.00 133,750,000.00 133,600,000.00 133,310,000.00 135,330,000.00 134,590,000.00 131,990,000.00 127,880,000.00 123,940,000.00 118,900,000.00 114,930,000.00 111,100,000.00 106,060,000.00 103,800,000.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 1,690,060,000.00 1,667,603,000.00 1,648,423,000.00 1,957,757,000.00 1,613,702,000.00 1,540,504,000.00 1,586,818,000.00 1,927,455,000.00 1,463,510,000.00 1,459,043,000.00 1,425,242,000.00 1,690,244,000.00 1,441,388,000.00 1,487,667,000.00 1,478,644,000.00 1,679,372,000.00 1,343,393,000.00 1,292,742,000.00 1,212,120,000.00 1,349,441,000.00
      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 72,385,000.00 69,004,000.00 70,974,000.00 69,709,000.00 75,371,000.00 76,769,000.00 78,603,000.00 75,945,000.00 47,376,000.00 45,763,000.00 37,069,000.00 38,635,000.00 28,306,000.00 26,292,000.00 24,008,000.00 18,118,000.00 20,631,000.00 26,077,000.00 26,756,000.00 25,914,000.00
      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 1,276,476,000.00 1,292,700,000.00 1,215,894,000.00 1,854,778,000.00 1,158,404,000.00 1,087,998,000.00 1,086,118,000.00 1,367,169,000.00 672,102,000.00 692,471,000.00 722,416,000.00 1,235,722,000.00 719,941,000.00 751,470,000.00 775,330,000.00 1,270,622,000.00 728,508,000.00 717,204,000.00 657,524,000.00 1,067,857,000.00
      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 1,961,906,000.00 1,938,565,000.00 1,921,299,000.00 1,947,859,000.00 1,877,368,000.00 1,800,712,000.00 1,845,444,000.00 1,901,864,000.00 1,721,888,000.00 1,716,447,000.00 1,682,060,000.00 1,701,257,000.00 1,700,196,000.00 1,742,015,000.00 1,727,172,000.00 1,704,156,000.00 1,571,083,000.00 1,509,894,000.00 1,418,802,000.00 1,372,252,000.00
   Shareholders Equity 246,328,000.00 246,207,000.00 246,531,000.00 363,286,000.00 239,897,000.00 236,026,000.00 233,775,000.00 347,797,000.00 231,955,000.00 229,749,000.00 232,417,000.00 348,557,000.00 236,708,000.00 233,788,000.00 227,794,000.00 327,710,000.00 210,638,000.00 201,891,000.00 193,254,000.00 286,362,000.00
      Capital Stock 15,162,000.00 15,162,000.00 15,162,000.00 26,524,000.00 13,262,000.00 12,762,000.00 11,212,000.00 22,424,000.00 22,415,000.00 21,415,000.00 21,415,000.00 32,127,000.00 21,415,000.00 21,415,000.00 21,415,000.00 32,127,000.00 19,915,000.00 18,415,000.00 18,415,000.00 33,627,000.00
      Share Premium 61,907,000.00 61,888,000.00 61,832,000.00 61,376,000.00 61,372,000.00 61,350,000.00 61,314,000.00 60,247,000.00 60,233,000.00 60,206,000.00 60,143,000.00 59,050,000.00 59,031,000.00 58,993,000.00 58,938,000.00 56,396,000.00 56,398,000.00 56,390,000.00 56,340,000.00 55,679,000.00
      Retained Earnings 162,143,000.00 159,535,000.00 157,019,000.00 153,412,000.00 150,454,000.00 148,652,000.00 146,690,000.00 143,688,000.00 142,743,000.00 141,798,000.00 141,591,000.00 139,372,000.00 139,067,000.00 136,998,000.00 134,931,000.00 131,811,000.00 128,631,000.00 124,051,000.00 119,210,000.00 112,947,000.00
      Treasury Shares 117,889,000.00 115,869,000.00 112,843,000.00 108,500,000.00 106,475,000.00 105,459,000.00 101,917,000.00 100,445,000.00 99,429,000.00 97,917,000.00 97,159,000.00 94,631,000.00 93,127,000.00 92,123,000.00 91,623,000.00 91,136,000.00 90,634,000.00 89,633,000.00 88,632,000.00 85,940,000.00
      Accumulated Other Comprehensive Income -2,476,000.00 -1,985,000.00 -2,069,000.00 -2,702,000.00 -2,503,000.00 -2,900,000.00 -3,317,000.00 -2,918,000.00 -2,599,000.00 -3,237,000.00 -2,601,000.00 -3,010,000.00 -1,872,000.00 -1,954,000.00 -2,684,000.00 -2,068,000.00 -1,956,000.00 -1,889,000.00 -2,074,000.00 -1,434,000.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2,240,068,000.00 2,202,299,000.00 2,084,160,000.00 2,000,549,000.00 1,731,294,000.00 1,531,383,000.00 1,496,202,000.00 1,406,608,000.00 196,925,000.00 188,439,000.00 203,177,000.00 189,041,000.00 196,968,000.00 208,667,000.00 191,356,000.00 178,771,000.00 186,671,000.00 196,254,000.00 178,245,000.00 142,160,000.00
Debt 1,276,476,000.00 1,292,700,000.00 1,215,894,000.00 1,854,778,000.00 1,158,404,000.00 1,087,998,000.00 1,086,118,000.00 1,367,169,000.00 672,102,000.00 692,471,000.00 722,416,000.00 1,235,722,000.00 719,941,000.00 751,470,000.00 775,330,000.00 1,270,622,000.00 728,508,000.00 717,204,000.00 657,524,000.00 1,067,857,000.00
Net Debt 829,303,000.00 851,588,000.00 709,663,000.00 1,326,587,000.00 656,242,000.00 494,687,000.00 452,202,000.00 681,050,000.00 227,022,000.00 207,254,000.00 275,669,000.00 753,111,000.00 235,993,000.00 208,116,000.00 221,057,000.00 783,895,000.00 283,489,000.00 301,317,000.00 300,225,000.00 783,524,000.00
Common Shares Outstanding 300,124.88 302,850.81 307,628.58 310,653.71 314,190.85 316,162.88 324,014.48 323,376.35 326,604.72 330,811.81 332,884.32 334,918.64 339,103.01 341,963.01 343,396.31 333,573.25 334,792.98 337,276.28 340,018.22 344,088.72
Preferred Shares Outstanding 578.28 578.28 578.28 502.28 502.28 482.28 420.28 420.28 420.28 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 44,829,000.00 29,645,000.00 15,062,000.00 -27,288,000.00 39,643,000.00 26,944,000.00 14,213,000.00 -24,025,000.00 34,936,000.00 23,119,000.00 12,224,000.00 -27,137,000.00 36,772,000.00 24,797,000.00 12,933,000.00 -38,157,000.00 46,700,000.00 33,092,000.00 17,704,000.00
Cost Of Revenue 1,010,000.00 671,000.00 287,000.00 -567,000.00 997,000.00 600,000.00 318,000.00 -209,000.00 451,000.00 444,000.00 342,000.00 -817,000.00 1,743,000.00 1,228,000.00 561,000.00 509,000.00 211,000.00 139,000.00 40,000.00
Interest Income 59,994,000.00 39,172,000.00 19,383,000.00 -1,413,000.00 61,443,000.00 39,995,000.00 19,555,000.00 7,431,000.00 50,031,000.00 31,774,000.00 14,938,000.00 9,503,000.00 16,613,000.00 8,063,000.00 3,212,000.00 -2,342,000.00 9,110,000.00 5,993,000.00 3,054,000.00
Interest Expense 50,143,000.00 33,173,000.00 16,488,000.00 -35,721,000.00 54,970,000.00 36,145,000.00 17,947,000.00 7,098,000.00 45,019,000.00 28,309,000.00 13,157,000.00 13,878,000.00 11,009,000.00 4,502,000.00 1,385,000.00 1,331,000.00 4,435,000.00 2,882,000.00 1,572,000.00
Net Interest 9,851,000.00 5,999,000.00 2,895,000.00 1,187,000.00 6,473,000.00 3,850,000.00 1,608,000.00 -196,000.00 5,012,000.00 3,465,000.00 1,781,000.00 3,303,000.00 5,604,000.00 3,561,000.00 1,827,000.00 2,797,000.00 4,675,000.00 3,111,000.00 1,482,000.00
Non-Interest Income 34,978,000.00 23,646,000.00 12,167,000.00 29,912,000.00 33,170,000.00 23,094,000.00 12,605,000.00 29,377,000.00 29,924,000.00 19,654,000.00 10,443,000.00 18,618,000.00 31,168,000.00 21,236,000.00 11,106,000.00 50,591,000.00 42,025,000.00 29,981,000.00 16,222,000.00
Non-Interest Expense 27,822,000.00 18,369,000.00 9,128,000.00 17,548,000.00 25,506,000.00 17,191,000.00 8,658,000.00 18,132,000.00 26,000,000.00 16,946,000.00 8,402,000.00 17,183,000.00 23,073,000.00 15,369,000.00 7,716,000.00 13,449,000.00 24,668,000.00 18,077,000.00 9,437,000.00
Provisions for Credit Losses 1,010,000.00 671,000.00 287,000.00 -567,000.00 997,000.00 600,000.00 318,000.00 475,000.00 451,000.00 444,000.00 -342,000.00 -817,000.00 1,743,000.00 1,228,000.00 561,000.00 787,000.00 211,000.00 -139,000.00 40,000.00
Gross Profit 43,819,000.00 28,974,000.00 14,775,000.00 -26,721,000.00 38,646,000.00 26,344,000.00 13,895,000.00 -23,816,000.00 34,485,000.00 22,675,000.00 11,882,000.00 -26,320,000.00 35,029,000.00 23,569,000.00 12,372,000.00 -38,666,000.00 46,489,000.00 32,953,000.00 17,664,000.00
   Selling, General and Administrative Expenses 4,080,000.00 2,690,000.00 1,319,000.00 -2,379,000.00 3,843,000.00 2,544,000.00 1,254,000.00 -2,428,000.00 3,807,000.00 2,559,000.00 1,286,000.00 -2,523,000.00 4,080,000.00 2,702,000.00 1,274,000.00 -1,807,000.00 3,367,000.00 2,133,000.00 1,062,000.00
EBT 47,991,000.00 31,815,000.00 16,941,000.00 -23,893,000.00 39,420,000.00 27,459,000.00 15,711,000.00 -15,958,000.00 25,455,000.00 17,187,000.00 11,979,000.00 -33,298,000.00 35,868,000.00 24,600,000.00 13,968,000.00 -25,016,000.00 66,057,000.00 45,531,000.00 25,011,000.00
Income Tax 3,438,000.00 2,144,000.00 909,000.00 -3,554,000.00 2,975,000.00 1,978,000.00 1,105,000.00 -2,862,000.00 1,977,000.00 1,279,000.00 759,000.00 -3,245,000.00 2,021,000.00 1,334,000.00 717,000.00 -3,817,000.00 4,319,000.00 2,855,000.00 1,501,000.00
Net Income 12,559,000.00 8,461,000.00 4,738,000.00 -7,196,000.00 10,165,000.00 7,175,000.00 4,132,000.00 -6,608,000.00 7,460,000.00 5,077,000.00 3,234,000.00 -8,910,000.00 9,935,000.00 6,866,000.00 3,939,000.00 -15,223,000.00 17,700,000.00 12,322,000.00 6,836,000.00
EBIT 98,134,000.00 64,988,000.00 33,429,000.00 -59,614,000.00 94,390,000.00 63,604,000.00 33,658,000.00 -8,860,000.00 70,474,000.00 45,496,000.00 25,136,000.00 -19,420,000.00 46,877,000.00 29,102,000.00 15,353,000.00 -23,685,000.00 70,492,000.00 48,413,000.00 26,583,000.00
Deprecation and Amortization 1,655,000.00 1,124,000.00 506,000.00 1,015,000.00 1,894,000.00 1,273,000.00 627,000.00 2,115,000.00 4,076,000.00 2,564,000.00 970,000.00 1,637,000.00 1,728,000.00 1,062,000.00 492,000.00 996,000.00 1,527,000.00 1,018,000.00 498,000.00
EBITDA 99,789,000.00 66,112,000.00 33,935,000.00 -58,599,000.00 96,284,000.00 64,877,000.00 34,285,000.00 -6,745,000.00 74,550,000.00 48,060,000.00 26,106,000.00 -17,783,000.00 48,605,000.00 30,164,000.00 15,845,000.00 -22,689,000.00 72,019,000.00 49,431,000.00 27,081,000.00
EPS 0.04 0.03 0.01 -0.00 0.03 0.02 0.01 -0.00 0.02 0.01 0.01 -0.00 0.03 0.02 0.01 -0.00 0.05 0.03 0.02
Diluted EPS 0.04 0.03 0.01 0.00 0.03 0.02 0.01 0.00 0.02 0.01 0.01 0.00 0.03 0.02 0.01 0.00 0.05 0.03 0.02
Average Shares Outstanding Basic 314,600.00 317,200.00 320,800.00 314,200.00 330,000.00 332,600.00 335,600.00 329,700.00 342,500.00 344,400.00 346,600.00 351,100.00 353,000.00 353,100.00 351,200.00 340,000.00 351,800.00 353,600.00 356,600.00
Average Shares Outstanding Diluted 319,200.00 321,400.00 324,500.00 322,100.00 335,300.00 337,500.00 339,500.00 335,300.00 347,400.00 349,200.00 351,300.00 359,700.00 358,600.00 358,200.00 355,900.00 347,000.00 356,900.00 358,400.00 360,900.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Operating Cash Flow -28,878,000.00 -31,558,000.00 -37,230,000.00 109,740,000.00 -59,978,000.00 -21,918,000.00 -28,038,000.00 -54,239,000.00 15,771,000.00 41,305,000.00 9,404,000.00 44,124,000.00 23,705,000.00 15,522,000.00 -22,952,000.00 31,211,000.00 -23,976,000.00 15,284,000.00 -5,183,000.00
   Operating Net Income 37,677,000.00 25,383,000.00 14,214,000.00 6,964,000.00 30,495,000.00 21,525,000.00 12,396,000.00 4,000.00 19,524,000.00 13,350,000.00 9,702,000.00 15,695,000.00 29,805,000.00 6,866,000.00 3,939,000.00 44,821,000.00 -17,700,000.00 -12,322,000.00 6,836,000.00
   Deprecation and Amortization 1,655,000.00 1,124,000.00 506,000.00 1,015,000.00 1,894,000.00 1,273,000.00 627,000.00 2,115,000.00 4,076,000.00 2,564,000.00 970,000.00 1,637,000.00 1,728,000.00 1,062,000.00 492,000.00 996,000.00 1,527,000.00 1,018,000.00 498,000.00
   Deferred Income Tax -153,000.00 -202,000.00 154,000.00 -600,000.00 -653,000.00 -451,000.00 60,000.00 -1,740,000.00 0 0 0 -3,935,000.00 0 0 0 -236,000.00 0 0 0
   Share Based Compensation 3,187,000.00 2,950,000.00 2,417,000.00 -3,818,000.00 2,559,000.00 2,439,000.00 1,844,000.00 -3,255,000.00 2,008,000.00 1,780,000.00 1,541,000.00 -5,989,000.00 3,811,000.00 3,511,000.00 3,128,000.00 -3,178,000.00 2,141,000.00 1,961,000.00 1,759,000.00
   Change in Working Capital 66,239,000.00 47,314,000.00 24,879,000.00 -109,944,000.00 115,677,000.00 45,648,000.00 33,475,000.00 -2,839,000.00 150,999,000.00 5,505,000.00 6,042,000.00 -52,656,000.00 21,781,000.00 14,681,000.00 10,174,000.00 -15,290,000.00 14,005,000.00 11,513,000.00 8,629,000.00
   Other Operating Activities -137,483,000.00 -108,127,000.00 -79,400,000.00 216,123,000.00 -209,950,000.00 -92,352,000.00 -76,440,000.00 -48,524,000.00 -160,836,000.00 18,106,000.00 -8,851,000.00 89,372,000.00 -33,420,000.00 -10,598,000.00 -40,685,000.00 4,098,000.00 -23,949,000.00 13,114,000.00 -22,905,000.00
Investing Cash Flow -39,194,000.00 -34,081,000.00 -22,747,000.00 13,855,000.00 -42,509,000.00 -13,223,000.00 -7,980,000.00 -23,780,000.00 -13,970,000.00 -5,937,000.00 -1,978,000.00 19,086,000.00 -69,668,000.00 -55,509,000.00 -17,021,000.00 -66,954,000.00 -16,527,000.00 -11,708,000.00 -2,487,000.00
   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 2,037,000.00 1,367,000.00 644,000.00 -1,680,000.00 2,657,000.00 1,886,000.00 896,000.00 -218,000.00 2,921,000.00 1,925,000.00 1,014,000.00 -2,072,000.00 4,266,000.00 2,943,000.00 1,381,000.00 -2,950,000.00 6,659,000.00 3,400,000.00 1,504,000.00
   Net Purchase/Sale of Investments Net 142,787,000.00 112,332,000.00 69,391,000.00 -174,000.00 78,737,000.00 44,667,000.00 25,239,000.00 10,887,000.00 27,776,000.00 17,036,000.00 10,461,000.00 9,512,000.00 52,989,000.00 36,502,000.00 8,780,000.00 -7,686,000.00 31,998,000.00 19,716,000.00 12,848,000.00
   Net Purchase/Sale of Business -1,536,000.00 0 0 0.00 -3,622,000.00 -3,622,000.00 3,622,000.00 -503,000.00 8,000.00 8,000.00 0 -1,841,000.00 2,113,000.00 1,830,000.00 13,000.00 0 0 0 0
   Net Loan & Lease Activity 17,045,000.00 5,353,000.00 25,228,000.00 35,520,000.00 11,173,000.00
   Other Investing Activities -208,492,000.00 -166,932,000.00 -105,752,000.00 19,205,000.00 -132,352,000.00 -60,695,000.00 -41,666,000.00 -41,289,000.00 -44,076,000.00 -24,012,000.00 -12,956,000.00 40,331,000.00 -149,960,000.00 -117,860,000.00 -37,267,000.00 -50,150,000.00 -79,403,000.00 -48,455,000.00 -20,677,000.00
Financing Cash Flow 49,345,000.00 29,564,000.00 42,826,000.00 -32,594,000.00 15,140,000.00 4,800,000.00 7,171,000.00 58,704,000.00 -216,000.00 -6,658,000.00 -20,544,000.00 -134,741,000.00 69,178,000.00 67,557,000.00 53,101,000.00 -34,788,000.00 96,491,000.00 80,871,000.00 42,983,000.00
   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 11,255,000.00 9,255,000.00 6,255,000.00 6,295,000.00 10,939,000.00 7,944,000.00 1,500,000.00 2,450,000.00 7,292,000.00 3,296,000.00 2,546,000.00 0.00 2,000,000.00 1,000,000.00 500,000.00 -3,129,000.00 8,798,000.00 7,050,000.00 4,700,000.00
   Dividends Paid 3,814,000.00 2,338,000.00 1,115,000.00 -2,145,000.00 3,344,000.00 2,175,000.00 1,123,000.00 -1,973,000.00 3,124,000.00 2,025,000.00 1,013,000.00 -1,474,000.00 2,669,000.00 1,672,000.00 815,000.00 -840,000.00 1,903,000.00 1,111,000.00 551,000.00
   Other Financing Activities 34,276,000.00 17,971,000.00 35,456,000.00 -36,744,000.00 857,000.00 -5,319,000.00 4,548,000.00 58,227,000.00 -10,632,000.00 -11,979,000.00 -24,103,000.00 -133,267,000.00 64,509,000.00 64,885,000.00 51,786,000.00 -30,819,000.00 85,790,000.00 72,710,000.00 37,732,000.00
Net Change in Cash -12,515,000.00 -29,125,000.00 -14,684,000.00 94,846,000.00 -86,888,000.00 -35,251,000.00 -32,192,000.00 -14,910,000.00 -1,946,000.00 29,106,000.00 -12,498,000.00 -83,124,000.00 23,215,000.00 27,570,000.00 13,128,000.00 -70,531,000.00 55,988,000.00 84,447,000.00 35,313,000.00
   Cash at Beginning of Period 182,092,000.00 182,092,000.00 182,092,000.00 87,246,000.00 241,577,000.00 241,577,000.00 241,577,000.00 256,487,000.00 241,825,000.00 241,825,000.00 241,825,000.00 324,949,000.00 261,036,000.00 261,036,000.00 0 0.00 0 0 0
   Cash at End of Period 169,577,000.00 152,967,000.00 167,408,000.00 182,092,000.00 154,689,000.00 206,326,000.00 209,385,000.00 241,577,000.00 239,879,000.00 270,931,000.00 229,327,000.00 241,825,000.00 284,251,000.00 288,606,000.00 0 0 0 0 0
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0