Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 39.86 41.76 27.71 106.12 -43.12
Price to Sales 5.49 4.66 3.96 7.52 7.16
Book Value Per Common Share -30.83 -18.62 -8.23 -5.88 -10.74
Price to Book -8.02 -9.78 -15.36 -26.51 -10.36
Price to Operating Cash Flow 30.45 24.52 20.67 399.26 43.53
Price to Free Cash Flow
Enterprise Value to EBITDA 225276.75 189796.84 132424.31 308330.15
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 53.06 85.92 182.04 55.81 79.64 203.15 39.84 62.47 182.95 36.01 53.32 199.66 140.54 1507.75 -310.05
Price to Sales 6.87 10.91 20.26 6.84 9.91 20.89 5.20 7.79 16.34 5.28 7.82 24.60 9.33 15.28 38.46
Book Value Per Common Share -27.28 -25.45 -24.78 -30.83 -28.37 -25.15 -22.57 -18.62 -13.67 -10.91 -10.70 -8.23 -6.72 -5.73 -5.00 -5.88 -8.09 -10.17 -11.65 -10.74
Price to Book -9.51 -10.47 -9.18 -8.02 -8.12 -8.68 -9.45 -9.78 -10.98 -13.34 -13.17 -15.36 -17.94 -19.46 -30.33 -26.51 -16.32 -11.86 -10.38 -10.36
Price to Operating Cash Flow 31.92 57.35 120.83 40.11 71.41 155.36 26.77 48.58 113.55 27.87 58.67 217.11 -1674.40 -112.17 -196.59
Price to Free Cash Flow
Enterprise Value to EBITDA 266363.54 434308.33 890763.93 281497.42 408688.42 984349.93 203409.55 320350.14 804156.32 172481.05 260421.92 887534.00 479457.70 1183658.08 33680437.15

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 42.20 -4.39 210.20
Revenue YoY 9.17 16.66 51.57 34.39
EBITDA YoY 9.09 -4.85 81.02
Net Profit YoY 34.53 -9.08 206.10
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 57.74 148.00 50.73 160.95 61.80 202.60 60.29 175.00 759900.00 1075.00
Revenue YoY 53.50 116.40 51.90 114.69 53.97 116.01 59.78 130.16 79.39 152.06
EBITDA YoY 56.98 137.05 51.40 143.20 59.73 156.34 61.07 147.17 36.29 170.42 2740.00
Net Profit YoY 56.76 146.67 50.15 158.87 61.10 199.51 59.83 173.58 -9.01 1095.45

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 5.76 3.52 4.78 5.48 11.92
Quick Ratio 0.64 0.65 0.78 0.86 1.63
Current Ratio 0.70 0.70 0.85 0.95 1.71
Debt to Equity -5.48 -7.56 -15.13 -19.85 -10.66
Long-Term Debt to Equity -4.20 -5.98 -12.06 -16.16 -9.22
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 5.01 2.13 3.58 5.91 6.91 3.41 5.83 3.63 3.15 3.49 3.80 4.91 4.99 4.59 5.51 5.48 5.03 4.10 8.90 11.90
Quick Ratio 0.61 0.48 0.51 0.64 0.74 0.58 0.78 0.65 0.63 0.68 0.68 0.78 0.79 0.80 0.84 0.86 0.92 0.74 1.29 1.63
Current Ratio 0.66 0.54 0.57 0.70 0.80 0.64 0.84 0.70 0.70 0.75 0.76 0.85 0.88 0.89 0.93 0.95 1.03 0.85 1.39 1.71
Debt to Equity -4.40 -4.50 -4.70 -5.48 -5.87 -6.11 -6.66 -7.56 -9.67 -11.75 -11.77 -15.13 -17.97 -20.50 -23.18 -19.85 -14.58 -10.21 -9.66 -10.66
Long-Term Debt to Equity -3.44 -3.49 -3.58 -4.20 -4.56 -4.74 -5.32 -5.98 -7.64 -9.34 -9.37 -12.06 -14.29 -16.45 -18.75 -16.16 -12.25 -8.48 -8.29 -9.22

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 9.29 7.41 8.09 2.66 -4.27
ROE -41.61 -48.62 -114.30 -50.06 41.23
Gross Margin 13.54
Operating Margin 21.05 21.07 24.50 16.53 -11.49
EBITDA Margin 23.74 23.76 29.13 24.40 -2.48
Net Profit Margin 13.74 11.15 14.31 7.08 -16.60
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 6.97 4.65 1.87 6.17 4.36 1.66 6.54 4.03 1.35 5.98 3.77 1.37 1.72 0.15 -0.68
ROE -23.72 -16.27 -6.91 -30.03 -22.29 -9.41 -56.70 -43.36 -14.58 -101.42 -73.51 -30.42 -23.32 -1.34 5.85
Gross Margin 25.24 20.48
Operating Margin 23.44 22.89 20.59 22.15 22.23 19.28 23.05 22.15 18.23 25.69 25.07 22.14 15.81 8.49 -4.69
EBITDA Margin 25.36 24.79 22.63 23.87 23.95 21.14 24.97 24.07 20.28 30.00 29.77 27.72 19.43 12.89 1.14
Net Profit Margin 12.96 12.69 11.13 12.28 12.42 10.30 13.03 12.46 8.98 14.65 14.64 12.32 6.65 1.00 -12.36

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 16,522,000.00 15,401,000.00 15,512,000.00 15,441,000.00 16,755,000.00
   Current Assets 3,272,000.00 2,614,000.00 2,870,000.00 2,871,000.00 4,255,000.00
      Cash and Short-Term Investments 1,429,000.00 921,000.00 1,315,000.00 1,530,000.00 3,303,000.00
            Cash and Cash Equivalents 1,429,000.00 921,000.00 1,315,000.00 1,530,000.00 3,303,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,599,000.00 1,504,000.00 1,327,000.00 1,068,000.00 771,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 244,000.00 189,000.00 228,000.00 273,000.00 181,000.00
   Non-Current Assets 13,250,000.00 12,787,000.00 12,642,000.00 12,570,000.00 12,500,000.00
      Property, Plant, Equipment Net 1,429,000.00 1,489,000.00 1,267,000.00 1,364,000.00 1,627,000.00
      Goodwill 5,035,000.00 5,052,000.00 5,032,000.00 5,071,000.00 5,095,000.00
      Intangible Assets 7,848,000.00 7,320,000.00 6,936,000.00 6,787,000.00 6,210,000.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 659,000.00 558,000.00 271,000.00 278,000.00 194,000.00
      Other Non-Current Assets -1,721,000.00 -1,632,000.00 -864,000.00 -930,000.00 -626,000.00
Liabilities 20,211,000.00 17,748,000.00 16,610,000.00 16,260,000.00 18,489,000.00
   Current Liabilities 4,700,000.00 3,722,000.00 3,372,000.00 3,021,000.00 2,495,000.00
      Payables and Expenses 2,160,000.00 2,008,000.00 1,811,000.00 1,583,000.00 1,329,000.00
            Account Payables 409,000.00 457,000.00 368,000.00 274,000.00 224,000.00
            Current Accrued Liabilities 847,000.00 715,000.00 669,000.00 556,000.00 436,000.00
      Short-Term Debt 548,000.00 58,000.00 39,000.00 54,000.00 56,000.00
      Other Current Liabilities 1,992,000.00 1,656,000.00 1,522,000.00 1,384,000.00 1,110,000.00
   Non-Current Liabilities 15,511,000.00 14,026,000.00 13,238,000.00 13,239,000.00 15,994,000.00
      Long-Term Debt 11,351,000.00 9,965,000.00 9,540,000.00 9,582,000.00 11,402,000.00
      Other Non-Current Liabilities 4,160,000.00 4,061,000.00 3,698,000.00 3,657,000.00 4,592,000.00
Equity -3,689,000.00 -2,347,000.00 -1,098,000.00 -819,000.00 -1,734,000.00
   Shareholders Equity -7,454,000.00 -4,720,000.00 -2,204,000.00 -1,642,000.00 -2,980,000.00
      Capital Stock 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
      Share Premium 11,130,000.00 10,968,000.00 10,831,000.00 10,720,000.00 10,552,000.00
      Retained Earnings -2,822,000.00 -4,207,000.00 -5,190,000.00 -6,322,000.00 -6,742,000.00
      Treasury Shares 11,256,000.00 8,393,000.00 6,040,000.00 4,443,000.00 4,453,000.00
      Accumulated Other Comprehensive Income -2,346,000.00 -2,193,000.00 -2,118,000.00 -2,337,000.00 -2,580,000.00
   Minority Interest 21,000.00 13,000.00 -4,000.00 -2,000.00 -4,000.00
Debt 11,899,000.00 10,023,000.00 9,579,000.00 9,636,000.00 11,458,000.00
Net Debt 10,470,000.00 9,102,000.00 8,264,000.00 8,106,000.00 8,155,000.00
Common Shares Outstanding 241,806.42 253,488.29 267,860.30 279,091.01 277,590.90
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 11,174,000.00 10,235,000.00 8,773,000.00 5,788,000.00 4,307,000.00
Cost Of Revenue 0 0 0 0 3,724,000.00
Gross Profit 0 0 0 0 583,000.00
Operating Expenses 0 0 0 0 -871,000.00
   Selling, General and Administrative Expenses 415,000.00 408,000.00 382,000.00 405,000.00 311,000.00
   Other Operating Expenses 0 0 0 0 -1,182,000.00
Operating Income 2,370,000.00 8,489,000.00 7,440,000.00 4,446,000.00 1,454,000.00
Net Non-Operating Income -587,000.00 -6,797,000.00 -5,706,000.00 -3,886,000.00 -2,378,000.00
Interest Expense 569,000.00 464,000.00 415,000.00 397,000.00 429,000.00
EBT 1,783,000.00 1,692,000.00 1,734,000.00 560,000.00 -924,000.00
Income Tax 244,000.00 541,000.00 477,000.00 153,000.00 204,000.00
Net Income Including Non-Controlling Interests 1,540,000.00 1,151,000.00 1,257,000.00 413,000.00 -720,000.00
Net Income Non-Controlling Interests -5,000.00 -10,000.00 -2,000.00 -3,000.00 5,000.00
Net Income 1,535,000.00 1,141,000.00 1,255,000.00 410,000.00 -715,000.00
EBIT 2,352,000.00 2,156,000.00 2,149,000.00 957,000.00 -495,000.00
Deprecation and Amortization 301,000.00 276,000.00 407,000.00 455,000.00 388,000.00
EBITDA 2,653,000.00 2,432,000.00 2,556,000.00 1,412,000.00 -107,000.00
EPS 0.01 0.00 0.00 0.00 -0.00
Diluted EPS 0.01 0.00 0.00 0.00 -0.00
Average Shares Outstanding Basic 248,000.00 262,000.00 275,000.00 279,000.00 277,000.00
Average Shares Outstanding Diluted 250,000.00 264,000.00 277,000.00 281,000.00 279,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 2,013,000.00 1,946,000.00 1,681,000.00 109,000.00 708,000.00
   Operating Net Income 1,539,000.00 1,151,000.00 1,257,000.00 407,000.00 -720,000.00
   Deprecation and Amortization 301,000.00 276,000.00 407,000.00 455,000.00 388,000.00
   Deferred Income Tax -247,000.00 -264,000.00 34,000.00 -4,000.00 -235,000.00
   Share Based Compensation 176,000.00 169,000.00 162,000.00 193,000.00 97,000.00
   Change in Working Capital 834,000.00 1,056,000.00 492,000.00 236,000.00 700,000.00
   Other Operating Activities -590,000.00 -442,000.00 -671,000.00 -1,178,000.00 478,000.00
Investing Cash Flow -446,000.00 -305,000.00 -123,000.00 -57,000.00 -107,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 206,000.00 252,000.00 102,000.00 85,000.00 46,000.00
   Net Purchase/Sale of Investments Net 0 0 1,000.00 -16,000.00 23,000.00
   Net Purchase/Sale of Business 241,000.00 15,000.00 53,000.00 0 0
   Other Investing Activities -893,000.00 -572,000.00 -279,000.00 -126,000.00 -176,000.00
Financing Cash Flow -1,045,000.00 -2,040,000.00 -1,765,000.00 -1,793,000.00 2,032,000.00
   Net Issuance/Repayment of Debt 2,613,000.00 792,000.00 71,000.00 4,740,000.00 6,711,000.00
   Net Issuance/Repurchase of Equity 2,893,000.00 2,338,000.00 1,590,000.00 0 296,000.00
   Dividends Paid 150,000.00 158,000.00 123,000.00 0 42,000.00
   Other Financing Activities -6,701,000.00 -5,328,000.00 -3,549,000.00 -6,533,000.00 -5,017,000.00
Net Change in Cash 501,000.00 -411,000.00 -226,000.00 -1,751,000.00 2,633,000.00
   Cash at Beginning of Period 875,000.00 1,286,000.00 1,512,000.00 3,263,000.00 630,000.00
   Cash at End of Period 1,376,000.00 875,000.00 1,286,000.00 1,512,000.00 3,263,000.00
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 16,641,000.00 15,904,000.00 16,043,000.00 16,522,000.00 16,689,000.00 15,737,000.00 15,932,000.00 15,401,000.00 15,200,000.00 15,297,000.00 15,211,000.00 15,512,000.00 15,508,000.00 15,382,000.00 15,459,000.00 15,441,000.00 15,314,000.00 15,090,000.00 15,974,000.00 16,755,000.00
   Current Assets 3,119,000.00 2,469,000.00 2,764,000.00 3,272,000.00 3,573,000.00 2,689,000.00 3,183,000.00 2,614,000.00 2,484,000.00 2,580,000.00 2,561,000.00 2,870,000.00 2,976,000.00 2,840,000.00 2,861,000.00 2,871,000.00 2,694,000.00 2,411,000.00 3,506,000.00 4,255,000.00
      Cash and Short-Term Investments 1,188,000.00 509,000.00 859,000.00 1,429,000.00 1,720,000.00 855,000.00 1,468,000.00 921,000.00 831,000.00 924,000.00 1,010,000.00 1,315,000.00 1,382,000.00 1,275,000.00 1,536,000.00 1,530,000.00 1,404,000.00 1,145,000.00 2,473,000.00 3,303,000.00
            Cash and Cash Equivalents 1,188,000.00 509,000.00 859,000.00 1,429,000.00 1,720,000.00 855,000.00 1,468,000.00 921,000.00 831,000.00 924,000.00 1,010,000.00 1,315,000.00 1,382,000.00 1,275,000.00 1,536,000.00 1,530,000.00 1,404,000.00 1,145,000.00 2,473,000.00 3,303,000.00
            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 1,665,000.00 1,693,000.00 1,589,000.00 1,599,000.00 1,609,000.00 1,592,000.00 1,482,000.00 1,504,000.00 1,396,000.00 1,421,000.00 1,298,000.00 1,327,000.00 1,278,000.00 1,289,000.00 1,054,000.00 1,068,000.00 1,012,000.00 952,000.00 797,000.00 771,000.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 266,000.00 267,000.00 316,000.00 244,000.00 244,000.00 242,000.00 233,000.00 189,000.00 257,000.00 235,000.00 253,000.00 228,000.00 316,000.00 276,000.00 271,000.00 273,000.00 278,000.00 314,000.00 236,000.00 181,000.00
   Non-Current Assets 13,522,000.00 13,435,000.00 13,279,000.00 13,250,000.00 13,116,000.00 13,048,000.00 12,749,000.00 12,787,000.00 12,716,000.00 12,717,000.00 12,650,000.00 12,642,000.00 12,532,000.00 12,542,000.00 12,598,000.00 12,570,000.00 12,620,000.00 12,679,000.00 12,468,000.00 12,500,000.00
      Property, Plant, Equipment Net 1,050,000.00 1,064,000.00 1,027,000.00 1,429,000.00 1,050,000.00 1,018,000.00 1,004,000.00 1,489,000.00 986,000.00 1,003,000.00 991,000.00 1,267,000.00 920,000.00 928,000.00 1,003,000.00 1,364,000.00 1,085,000.00 1,142,000.00 1,159,000.00 1,627,000.00
      Goodwill 5,079,000.00 5,084,000.00 5,049,000.00 5,035,000.00 5,065,000.00 5,042,000.00 5,044,000.00 5,052,000.00 5,033,000.00 5,048,000.00 5,041,000.00 5,032,000.00 4,990,000.00 5,030,000.00 5,061,000.00 5,071,000.00 5,078,000.00 5,090,000.00 5,084,000.00 5,095,000.00
      Intangible Assets 6,388,000.00 6,289,000.00 6,432,000.00 7,848,000.00 6,413,000.00 6,382,000.00 6,091,000.00 7,320,000.00 5,984,000.00 5,964,000.00 5,962,000.00 6,936,000.00 6,720,000.00 6,760,000.00 6,609,000.00 6,787,000.00 9,686,000.00 9,691,000.00 8,623,000.00 6,210,000.00
      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 0 0 0 659,000.00 0 0 0 558,000.00 0 0 0 271,000.00 0 0 0 278,000.00 301,000.00 314,000.00 250,000.00 194,000.00
      Other Non-Current Assets 1,005,000.00 998,000.00 771,000.00 -1,721,000.00 588,000.00 606,000.00 610,000.00 -1,632,000.00 713,000.00 702,000.00 656,000.00 -864,000.00 -98,000.00 -176,000.00 -75,000.00 -930,000.00 -3,530,000.00 -3,558,000.00 -2,648,000.00 -626,000.00
Liabilities 21,532,000.00 20,453,000.00 20,382,000.00 20,211,000.00 20,119,000.00 18,815,000.00 18,749,000.00 17,748,000.00 16,953,000.00 16,720,000.00 16,624,000.00 16,610,000.00 16,422,000.00 16,171,000.00 16,156,000.00 16,260,000.00 16,442,000.00 16,728,000.00 17,819,000.00 18,489,000.00
   Current Liabilities 4,698,000.00 4,585,000.00 4,835,000.00 4,700,000.00 4,491,000.00 4,226,000.00 3,774,000.00 3,722,000.00 3,561,000.00 3,435,000.00 3,390,000.00 3,372,000.00 3,365,000.00 3,195,000.00 3,085,000.00 3,021,000.00 2,624,000.00 2,831,000.00 2,531,000.00 2,495,000.00
      Payables and Expenses 2,639,000.00 2,345,000.00 2,196,000.00 2,160,000.00 2,112,000.00 1,942,000.00 1,961,000.00 2,008,000.00 1,901,000.00 1,715,000.00 1,726,000.00 1,811,000.00 1,743,000.00 1,662,000.00 1,619,000.00 1,583,000.00 1,451,000.00 1,375,000.00 1,297,000.00 1,329,000.00
            Account Payables 0 0 0 409,000.00 0 0 0 457,000.00 0 0 0 368,000.00 0 0 0 274,000.00 0 0 0 224,000.00
            Current Accrued Liabilities 0 0 0 847,000.00 0 0 0 715,000.00 0 0 0 669,000.00 0 0 0 556,000.00 0 0 0 436,000.00
      Short-Term Debt 50,000.00 50,000.00 549,000.00 548,000.00 555,000.00 556,000.00 56,000.00 58,000.00 55,000.00 52,000.00 53,000.00 39,000.00 39,000.00 41,000.00 45,000.00 54,000.00 54,000.00 50,000.00 48,000.00 56,000.00
      Other Current Liabilities 2,009,000.00 2,190,000.00 2,090,000.00 1,992,000.00 1,824,000.00 1,728,000.00 1,757,000.00 1,656,000.00 1,605,000.00 1,668,000.00 1,611,000.00 1,522,000.00 1,583,000.00 1,492,000.00 1,421,000.00 1,384,000.00 1,119,000.00 1,406,000.00 1,186,000.00 1,110,000.00
   Non-Current Liabilities 16,834,000.00 15,868,000.00 15,547,000.00 15,511,000.00 15,628,000.00 14,589,000.00 14,975,000.00 14,026,000.00 13,392,000.00 13,285,000.00 13,234,000.00 13,238,000.00 13,057,000.00 12,976,000.00 13,071,000.00 13,239,000.00 13,818,000.00 13,897,000.00 15,288,000.00 15,994,000.00
      Long-Term Debt 12,374,000.00 11,658,000.00 11,345,000.00 11,351,000.00 11,424,000.00 10,419,000.00 10,910,000.00 9,965,000.00 9,486,000.00 9,535,000.00 9,537,000.00 9,540,000.00 9,478,000.00 9,455,000.00 9,543,000.00 9,582,000.00 9,612,000.00 9,671,000.00 10,878,000.00 11,402,000.00
      Other Non-Current Liabilities 4,460,000.00 4,210,000.00 4,202,000.00 4,160,000.00 4,204,000.00 4,170,000.00 4,065,000.00 4,061,000.00 3,906,000.00 3,750,000.00 3,697,000.00 3,698,000.00 3,579,000.00 3,521,000.00 3,528,000.00 3,657,000.00 4,206,000.00 4,226,000.00 4,410,000.00 4,592,000.00
Equity -4,891,000.00 -4,549,000.00 -4,339,000.00 -3,689,000.00 -3,430,000.00 -3,078,000.00 -2,817,000.00 -2,347,000.00 -1,753,000.00 -1,423,000.00 -1,413,000.00 -1,098,000.00 -914,000.00 -789,000.00 -697,000.00 -819,000.00 -1,128,000.00 -1,638,000.00 -1,845,000.00 -1,734,000.00
   Shareholders Equity -6,358,000.00 -6,000,000.00 -5,916,000.00 -7,454,000.00 -6,940,000.00 -6,232,000.00 -5,666,000.00 -4,720,000.00 -3,526,000.00 -2,862,000.00 -2,840,000.00 -2,204,000.00 -1,826,000.00 -1,578,000.00 -1,396,000.00 -1,642,000.00 -2,256,000.00 -2,834,000.00 -3,246,000.00 -2,980,000.00
      Capital Stock 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00
      Share Premium 11,220,000.00 11,174,000.00 11,101,000.00 11,130,000.00 11,072,000.00 11,022,000.00 10,954,000.00 10,968,000.00 10,925,000.00 10,879,000.00 10,815,000.00 10,831,000.00 10,791,000.00 10,753,000.00 10,702,000.00 10,720,000.00 10,654,000.00 10,603,000.00 10,547,000.00 10,552,000.00
      Retained Earnings -1,770,000.00 -2,155,000.00 -2,559,000.00 -2,822,000.00 -3,290,000.00 -3,597,000.00 -3,981,000.00 -4,207,000.00 -4,316,000.00 -4,654,000.00 -5,025,000.00 -5,190,000.00 -5,477,000.00 -5,783,000.00 -6,110,000.00 -6,322,000.00 -6,469,000.00 -6,710,000.00 -6,840,000.00 -6,742,000.00
      Treasury Shares 13,672,000.00 12,907,000.00 12,154,000.00 11,256,000.00 10,514,000.00 9,781,000.00 9,060,000.00 8,393,000.00 7,647,000.00 6,956,000.00 6,489,000.00 6,040,000.00 5,545,000.00 5,048,000.00 4,573,000.00 4,443,000.00 4,447,000.00 4,447,000.00 4,453,000.00 4,453,000.00
      Accumulated Other Comprehensive Income -713,000.00 -705,000.00 -769,000.00 -2,346,000.00 -2,223,000.00 -2,289,000.00 -2,247,000.00 -2,193,000.00 -2,184,000.00 -2,109,000.00 -2,172,000.00 -2,118,000.00 -2,055,000.00 -2,142,000.00 -2,160,000.00 -2,337,000.00 -2,607,000.00 -2,598,000.00 -2,640,000.00 -2,580,000.00
   Minority Interest 27,000.00 26,000.00 23,000.00 21,000.00 20,000.00 -17,000.00 -16,000.00 13,000.00 -10,000.00 -8,000.00 -7,000.00 -4,000.00 -1,000.00 0 -1,000.00 -2,000.00 0 -1,000.00 -3,000.00 -4,000.00
Debt 12,424,000.00 11,708,000.00 11,894,000.00 11,899,000.00 11,979,000.00 10,975,000.00 10,966,000.00 10,023,000.00 9,541,000.00 9,587,000.00 9,590,000.00 9,579,000.00 9,517,000.00 9,496,000.00 9,588,000.00 9,636,000.00 9,666,000.00 9,721,000.00 10,926,000.00 11,458,000.00
Net Debt 11,236,000.00 11,199,000.00 11,035,000.00 10,470,000.00 10,259,000.00 10,120,000.00 9,498,000.00 9,102,000.00 8,710,000.00 8,663,000.00 8,580,000.00 8,264,000.00 8,135,000.00 8,221,000.00 8,052,000.00 8,106,000.00 8,262,000.00 8,576,000.00 8,453,000.00 8,155,000.00
Common Shares Outstanding 233,053.50 235,788.33 238,784.87 241,806.42 244,611.31 247,793.15 251,032.24 253,488.29 257,879.26 262,348.82 265,439.13 267,860.30 271,541.52 275,510.78 278,994.11 279,091.01 278,718.68 278,685.39 278,527.89 277,590.90
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 8,952,000.00 5,832,000.00 2,695,000.00 -5,314,000.00 8,391,000.00 5,524,000.00 2,573,000.00 -4,637,000.00 7,626,000.00 4,953,000.00 2,293,000.00 -3,238,000.00 6,329,000.00 3,961,000.00 1,721,000.00 -1,241,000.00 3,952,000.00 2,203,000.00 874,000.00
Cost Of Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,647,000.00 695,000.00
Gross Profit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 556,000.00 179,000.00
Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -991,000.00 -308,000.00
   Selling, General and Administrative Expenses 298,000.00 203,000.00 94,000.00 -224,000.00 318,000.00 217,000.00 104,000.00 -183,000.00 298,000.00 202,000.00 91,000.00 -190,000.00 287,000.00 194,000.00 91,000.00 -189,000.00 302,000.00 195,000.00 97,000.00
   Other Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -1,186,000.00 -405,000.00
Operating Income 2,091,000.00 1,314,000.00 536,000.00 -11,324,000.00 7,031,000.00 4,596,000.00 2,067,000.00 -3,942,000.00 6,465,000.00 4,148,000.00 1,818,000.00 -2,626,000.00 5,428,000.00 3,319,000.00 1,319,000.00 -635,000.00 3,047,000.00 1,547,000.00 487,000.00
Net Non-Operating Income -448,000.00 -275,000.00 -126,000.00 10,339,000.00 -5,584,000.00 -3,640,000.00 -1,702,000.00 3,044,000.00 -5,047,000.00 -3,278,000.00 -1,516,000.00 1,934,000.00 -4,097,000.00 -2,515,000.00 -1,028,000.00 1,033,000.00 -2,724,000.00 -1,564,000.00 -631,000.00
Interest Expense 455,000.00 296,000.00 145,000.00 -246,000.00 412,000.00 272,000.00 131,000.00 -219,000.00 340,000.00 227,000.00 116,000.00 -159,000.00 295,000.00 189,000.00 90,000.00 -212,000.00 302,000.00 204,000.00 103,000.00
EBT 1,643,000.00 1,039,000.00 410,000.00 -985,000.00 1,447,000.00 956,000.00 365,000.00 -898,000.00 1,418,000.00 870,000.00 302,000.00 -692,000.00 1,331,000.00 804,000.00 291,000.00 398,000.00 323,000.00 -17,000.00 -144,000.00
Income Tax 480,000.00 297,000.00 110,000.00 -532,000.00 413,000.00 266,000.00 97,000.00 -217,000.00 417,000.00 248,000.00 93,000.00 -236,000.00 407,000.00 226,000.00 80,000.00 18,000.00 64,000.00 36,000.00 35,000.00
Net Income Including Non-Controlling Interests 1,151,000.00 734,000.00 299,000.00 -436,000.00 1,026,000.00 682,000.00 268,000.00 -681,000.00 1,001,000.00 622,000.00 209,000.00 -468,000.00 930,000.00 582,000.00 213,000.00 236,000.00 267,000.00 19,000.00 -109,000.00
Net Income Non-Controlling Interests 9,000.00 6,000.00 1,000.00 -10,000.00 4,000.00 4,000.00 -3,000.00 5,000.00 -7,000.00 -5,000.00 -3,000.00 4,000.00 -3,000.00 -2,000.00 -1,000.00 -3,000.00 -4,000.00 3,000.00 1,000.00
Net Income 1,160,000.00 740,000.00 300,000.00 -446,000.00 1,030,000.00 686,000.00 265,000.00 -676,000.00 994,000.00 617,000.00 206,000.00 -464,000.00 927,000.00 580,000.00 212,000.00 233,000.00 263,000.00 22,000.00 -108,000.00
EBIT 2,098,000.00 1,335,000.00 555,000.00 -1,231,000.00 1,859,000.00 1,228,000.00 496,000.00 -1,117,000.00 1,758,000.00 1,097,000.00 418,000.00 -851,000.00 1,626,000.00 993,000.00 381,000.00 186,000.00 625,000.00 187,000.00 -41,000.00
Deprecation and Amortization 172,000.00 111,000.00 55,000.00 14,000.00 144,000.00 95,000.00 48,000.00 -12,000.00 146,000.00 95,000.00 47,000.00 -148,000.00 273,000.00 186,000.00 96,000.00 164,000.00 143,000.00 97,000.00 51,000.00
EBITDA 2,270,000.00 1,446,000.00 610,000.00 -1,217,000.00 2,003,000.00 1,323,000.00 544,000.00 -1,129,000.00 1,904,000.00 1,192,000.00 465,000.00 -999,000.00 1,899,000.00 1,179,000.00 477,000.00 350,000.00 768,000.00 284,000.00 10,000.00
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 237,000.00 239,000.00 240,000.00 240,000.00 249,000.00 251,000.00 252,000.00 253,000.00 264,000.00 265,000.00 266,000.00 266,000.00 277,000.00 278,000.00 279,000.00 280,000.00 279,000.00 279,000.00 278,000.00
Average Shares Outstanding Diluted 240,000.00 241,000.00 243,000.00 240,000.00 252,000.00 253,000.00 255,000.00 254,000.00 266,000.00 267,000.00 269,000.00 266,000.00 279,000.00 281,000.00 282,000.00 284,000.00 281,000.00 281,000.00 278,000.00
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 1,926,000.00 1,110,000.00 452,000.00 -531,000.00 1,431,000.00 767,000.00 346,000.00 -659,000.00 1,481,000.00 794,000.00 330,000.00 -241,000.00 1,199,000.00 528,000.00 195,000.00 602,000.00 -22,000.00 -300,000.00 -171,000.00
   Operating Net Income 1,163,000.00 742,000.00 300,000.00 -453,000.00 1,034,000.00 690,000.00 268,000.00 -681,000.00 1,001,000.00 622,000.00 209,000.00 -456,000.00 924,000.00 578,000.00 211,000.00 238,000.00 259,000.00 19,000.00 -109,000.00
   Deprecation and Amortization 172,000.00 111,000.00 55,000.00 14,000.00 144,000.00 95,000.00 48,000.00 -12,000.00 146,000.00 95,000.00 47,000.00 -148,000.00 273,000.00 186,000.00 96,000.00 164,000.00 143,000.00 97,000.00 51,000.00
   Deferred Income Tax 30,000.00 -18,000.00 -21,000.00 -150,000.00 -31,000.00 -36,000.00 -30,000.00 -176,000.00 -38,000.00 -30,000.00 -20,000.00 -14,000.00 54,000.00 -3,000.00 -3,000.00 64,000.00 6,000.00 -35,000.00 -39,000.00
   Share Based Compensation 135,000.00 91,000.00 36,000.00 -101,000.00 140,000.00 96,000.00 41,000.00 -82,000.00 133,000.00 85,000.00 33,000.00 -85,000.00 126,000.00 84,000.00 37,000.00 -43,000.00 144,000.00 92,000.00 0
   Change in Working Capital 309,000.00 271,000.00 152,000.00 463,000.00 371,000.00 0 0 712,000.00 344,000.00 0 0 492,000.00 0 0 0 569,000.00 -179,000.00 -74,000.00 -80,000.00
   Other Operating Activities 117,000.00 -87,000.00 -70,000.00 -304,000.00 -227,000.00 -78,000.00 19,000.00 -420,000.00 -105,000.00 22,000.00 61,000.00 -30,000.00 -178,000.00 -317,000.00 -146,000.00 -390,000.00 -395,000.00 -399,000.00 6,000.00
Investing Cash Flow -130,000.00 -86,000.00 -50,000.00 266,000.00 -367,000.00 -318,000.00 -27,000.00 162,000.00 -228,000.00 -154,000.00 -85,000.00 95,000.00 -98,000.00 -94,000.00 -26,000.00 7,000.00 -34,000.00 -14,000.00 -16,000.00
   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 133,000.00 83,000.00 40,000.00 -43,000.00 127,000.00 80,000.00 42,000.00 -104,000.00 177,000.00 116,000.00 63,000.00 -10,000.00 62,000.00 36,000.00 14,000.00 4,000.00 45,000.00 25,000.00 11,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 46,000.00 2,000.00 -39,000.00 -8,000.00 1,000.00 -11,000.00 -11,000.00 5,000.00
   Net Purchase/Sale of Business 2,000.00 3,000.00 1,000.00 -239,000.00 241,000.00 238,000.00 1,000.00 -6,000.00 15,000.00 4,000.00 2,000.00 -71,000.00 53,000.00 51,000.00 20,000.00 0 0 0 0
   Other Investing Activities -265,000.00 -172,000.00 -91,000.00 548,000.00 -735,000.00 -636,000.00 -70,000.00 272,000.00 -420,000.00 -274,000.00 -150,000.00 130,000.00 -215,000.00 -142,000.00 -52,000.00 2,000.00 -68,000.00 -28,000.00 -32,000.00
Financing Cash Flow -2,052,000.00 -1,960,000.00 -974,000.00 -503,000.00 -274,000.00 -506,000.00 238,000.00 1,282,000.00 -1,744,000.00 -1,031,000.00 -547,000.00 311,000.00 -1,230,000.00 -679,000.00 -167,000.00 2,463,000.00 -1,814,000.00 -1,818,000.00 -624,000.00
   Net Issuance/Repayment of Debt 3,282,000.00 1,531,000.00 10,000.00 -2,978,000.00 2,598,000.00 1,584,000.00 1,409,000.00 716,000.00 43,000.00 21,000.00 12,000.00 -61,000.00 58,000.00 43,000.00 31,000.00 -8,220,000.00 4,726,000.00 4,718,000.00 3,516,000.00
   Net Issuance/Repurchase of Equity 2,403,000.00 1,644,000.00 875,000.00 -1,302,000.00 2,127,000.00 1,402,000.00 666,000.00 -627,000.00 1,595,000.00 920,000.00 450,000.00 -209,000.00 1,092,000.00 586,000.00 121,000.00 0 0 0 0
   Dividends Paid 108,000.00 73,000.00 37,000.00 -78,000.00 113,000.00 76,000.00 39,000.00 -84,000.00 120,000.00 81,000.00 41,000.00 0.00 82,000.00 41,000.00 0 0 0 0 0
   Other Financing Activities -7,845,000.00 -5,208,000.00 -1,896,000.00 3,855,000.00 -5,112,000.00 -3,568,000.00 -1,876,000.00 1,277,000.00 -3,502,000.00 -2,053,000.00 -1,050,000.00 581,000.00 -2,462,000.00 -1,349,000.00 -319,000.00 10,683,000.00 -6,540,000.00 -6,536,000.00 -4,140,000.00
Net Change in Cash -250,000.00 -928,000.00 -569,000.00 -751,000.00 780,000.00 -73,000.00 545,000.00 807,000.00 -507,000.00 -403,000.00 -308,000.00 184,000.00 -150,000.00 -258,000.00 -2,000.00 3,077,000.00 -1,876,000.00 -2,136,000.00 -816,000.00
   Cash at Beginning of Period 1,376,000.00 1,376,000.00 1,376,000.00 2,127,000.00 875,000.00 875,000.00 875,000.00 68,000.00 1,286,000.00 1,286,000.00 1,286,000.00 1,102,000.00 1,512,000.00 1,512,000.00 1,512,000.00 -1,565,000.00 3,263,000.00 3,263,000.00 3,263,000.00
   Cash at End of Period 1,126,000.00 448,000.00 807,000.00 1,376,000.00 1,655,000.00 802,000.00 1,420,000.00 875,000.00 779,000.00 883,000.00 978,000.00 1,286,000.00 1,362,000.00 1,254,000.00 1,510,000.00 1,512,000.00 1,387,000.00 1,127,000.00 2,447,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0