Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 0.64 -2.30 -0.65
Price to Sales 0.03 0.04 0.06 0.03
Book Value Per Common Share 0.41 0.41 0.33 0.35
Price to Book 7.97 11.05 20.72 20.59
Price to Operating Cash Flow -1.70 0.33 -0.83 -0.42
Price to Free Cash Flow -1.39 0.42 -0.69 -0.34
Enterprise Value to EBITDA 2128131.78 495303.09 27779454.34
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings 2.07 -2.62 1.92 -2.53
Price to Sales 0.05 0.09 0.11 0.11 0.18
Book Value Per Common Share 0.41 0.40 0.41 0.41 0.39
Price to Book 5.09 6.60 7.97 9.46 12.89
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA 1460159.64 2916916.15

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 4.46 3.25 -48.42
EBITDA YoY -83.05 3454.64
Net Profit YoY
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY
Revenue YoY 39.80 -0.76 -22.65 30.66
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 23.89 25.79 27.12 37.30
Quick Ratio 1.22 1.32 1.17 0.95
Current Ratio 1.44 1.54 1.34 1.16
Debt to Equity 1.06 1.31 2.19 4.15
Long-Term Debt to Equity 0.09 0.34 0.55 0.76
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 23.96 20.30 23.61 24.61 24.35
Quick Ratio 1.38 1.33 1.22 1.31 1.36
Current Ratio 1.48 1.47 1.44 1.42 1.48
Debt to Equity 1.10 1.05 1.06 1.36 1.35
Long-Term Debt to Equity 0.10 0.11 0.09 0.33 0.35

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -0.07 7.41 -2.86 -5.80
ROE -0.15 17.10 -9.12 -29.83
Gross Margin 30.48 37.35 36.58 24.69
Operating Margin -1.68 4.27 -3.77 -4.68
EBITDA Margin 1.23 7.56 0.22 -2.88
Net Profit Margin -0.05 5.87 -2.69 -4.80
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA 1.21 -1.00 -0.32 1.86 -2.51
ROE 2.53 -2.04 -0.67 4.37 -5.88
Gross Margin 27.47 25.83 34.69 27.79 31.31
Operating Margin 3.60 -3.31 -6.00 3.60 -9.19
EBITDA Margin 3.60 -3.31 -6.00 3.60 -9.19
Net Profit Margin 2.74 -3.03 -1.00 5.05 -8.25

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 884,198.00 947,006.00 1,089,614.00 1,857,454.00
   Current Assets 599,009.00 606,460.00 750,739.00 1,420,684.00
      Cash and Short-Term Investments 238,207.00 258,137.00 277,168.00 381,158.00
            Cash and Cash Equivalents 233,207.00 249,258.00 277,168.00 381,158.00
            Short-Term Investments 5,000.00 8,879.00 0 0
      Net Receivables 269,608.00 263,962.00 374,654.00 781,052.00
      Inventory 0 0 0 0
      Other Current Assets 91,194.00 84,361.00 98,917.00 258,474.00
   Non-Current Assets 285,189.00 340,546.00 338,875.00 436,770.00
      Property, Plant, Equipment Net 67,798.00 170,053.00 200,698.00 296,280.00
      Goodwill 14,536.00 461.00 461.00 461.00
      Intangible Assets 68,840.00 50,743.00 53,498.00 21,626.00
      Long-Term Investments 66,716.00 76,688.00 77,305.00 73,001.00
      Non-Current Deferred Assets 0 0 0 605.00
      Other Non-Current Assets 0 0 6,913.00 44,797.00
Liabilities 454,954.00 536,591.00 747,589.00 1,496,541.00
   Current Liabilities 415,348.00 395,044.00 559,066.00 1,222,241.00
      Payables and Expenses 345,796.00 339,850.00 374,594.00 979,046.00
            Account Payables 258,096.00 249,419.00 289,833.00 804,388.00
            Current Accrued Liabilities 6,901.00 8,687.00 11,600.00 15,137.00
      Short-Term Debt 66,743.00 46,949.00 160,075.00 231,596.00
      Other Current Liabilities 2,809.00 8,245.00 24,397.00 11,599.00
   Non-Current Liabilities 39,606.00 141,547.00 188,523.00 274,300.00
      Long-Term Debt 24,082.00 129,299.00 176,032.00 269,183.00
      Other Non-Current Liabilities 15,524.00 12,248.00 12,491.00 5,117.00
Equity 429,244.00 410,415.00 342,025.00 360,913.00
   Shareholders Equity 408,740.00 405,153.00 340,879.00 360,064.00
      Capital Stock 73.00 72.00 72.00 72.00
      Share Premium 909,930.00 905,958.00 904,935.00 896,772.00
      Retained Earnings -458,886.00 -458,237.00 -531,127.00 -499,940.00
      Treasury Shares 29,513.00 28,580.00 15,306.00 9,545.00
      Accumulated Other Comprehensive Income -12,864.00 -14,060.00 -17,695.00 -27,295.00
   Minority Interest 20,504.00 5,262.00 1,146.00 849.00
Debt 90,825.00 176,248.00 336,107.00 500,779.00
Common Shares Outstanding 1,008,857.62 994,559.41 1,023,336.19 1,036,757.93
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 1,248,914.00 1,195,552.00 1,157,908.00 2,245,016.00
Cost Of Revenue 868,286.00 749,006.00 734,291.00 1,690,757.00
Interest Expense 0 0 0 3,206.00
Non-Interest Expense 339,194.00 323,665.00 386,379.00 528,202.00
Gross Profit 380,628.00 446,546.00 423,617.00 554,259.00
Operating Expenses 401,585.00 395,507.00 467,290.00 659,270.00
   Selling, General and Administrative Expenses 339,194.00 323,665.00 386,379.00 528,202.00
   Research and Development Expenses 62,391.00 71,842.00 80,911.00 121,239.00
Operating Income -20,957.00 51,039.00 -43,673.00 -105,011.00
Net Non-Operating Income 17,179.00 18,401.00 19,490.00 12,627.00
EBT -834.00 70,137.00 -31,540.00 -110,377.00
Income Tax 135.00 0 0 0
Net Income Including Non-Controlling Interests 566.00 70,554.00 -33,740.00 -107,717.00
Net Income Non-Controlling Interests -1,215.00 -366.00 2,553.00 51.00
Net Income -649.00 70,188.00 -31,187.00 -107,666.00
EBIT -20,957.00 51,039.00 -43,673.00 -105,011.00
Deprecation and Amortization 36,269.00 39,320.00 46,215.00 40,365.00
EBITDA 15,312.00 90,359.00 2,542.00 -64,646.00
EPS 0 0.01 -0.00 -0.01
Diluted EPS 0 0.01 -0.00 -0.01
Average Shares Outstanding Basic 9,971.72 10,009.41 10,219.59 10,218.61
Average Shares Outstanding Diluted 9,971.72 10,009.41 10,219.59 10,218.61
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -18,926.00 137,351.00 -85,067.00 -175,917.00
   Operating Net Income 566.00 70,554.00 -33,740.00 -107,717.00
   Deprecation and Amortization 36,269.00 39,320.00 46,215.00 40,365.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 9,021.00 463.00 8,163.00 11,355.00
   Change in Working Capital -50,400.00 27,192.00 -118,866.00 -134,902.00
   Other Operating Activities 0 0 13,161.00 14,982.00
Investing Cash Flow -3,242.00 -61,023.00 -56,286.00 -80,926.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -3,858.00 -29,569.00 -15,775.00 -37,081.00
   Net Purchase/Sale of Investments Net 4,874.00 -9,094.00 -9,300.00 -29,794.00
   Net Purchase/Sale of Business 1,879.00 -796.00 -22,324.00 -14,292.00
   Other Investing Activities 0 0 0 0
Financing Cash Flow 23,212.00 -133,555.00 -101,133.00 141,891.00
   Net Issuance/Repayment of Debt 19,589.00 -124,473.00 -97,324.00 143,497.00
   Net Issuance/Repurchase of Equity -77.00 -13,392.00 -6,659.00 -3,003.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 3,700.00 4,310.00 2,850.00 1,397.00
Net Change in Cash 1,044.00 -57,227.00 -242,486.00 -114,952.00
   Cash at Beginning of Period 321,772.00 376,085.00 608,984.00 728,948.00
   Cash at End of Period 324,968.00 321,772.00 376,085.00 608,984.00
Free Cash Flow -23,210.00 106,827.00 -101,890.00 -213,978.00
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 902,171.00 860,860.00 884,198.00 1,005,556.00 931,935.00
   Current Assets 635,796.00 582,913.00 599,009.00 624,163.00 583,220.00
      Cash and Short-Term Investments 241,703.00 204,845.00 238,207.00 249,462.00 241,382.00
            Cash and Cash Equivalents 238,500.00 201,708.00 233,207.00 242,629.00 236,161.00
            Short-Term Investments 3,203.00 3,137.00 5,000.00 6,833.00 5,221.00
      Net Receivables 350,238.00 323,543.00 269,608.00 328,687.00 295,419.00
      Inventory 0 0 0 0 0
      Other Current Assets 43,855.00 54,525.00 91,194.00 46,014.00 46,419.00
   Non-Current Assets 266,375.00 277,947.00 285,189.00 381,393.00 348,715.00
      Property, Plant, Equipment Net 58,492.00 61,716.00 67,798.00 162,035.00 165,538.00
      Goodwill 14,075.00 14,536.00 14,536.00 10,935.00 461.00
      Intangible Assets 66,796.00 69,785.00 68,840.00 70,491.00 50,436.00
      Long-Term Investments 61,623.00 69,132.00 66,716.00 71,200.00 70,710.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 65,389.00 62,778.00 67,299.00 66,732.00 61,570.00
Liabilities 472,741.00 440,588.00 454,954.00 578,944.00 534,803.00
   Current Liabilities 429,229.00 395,926.00 415,348.00 439,768.00 394,612.00
      Payables and Expenses 361,221.00 328,025.00 345,796.00 398,880.00 343,572.00
            Account Payables 288,837.00 250,228.00 258,096.00 316,521.00 275,184.00
            Current Accrued Liabilities 0 0 6,901.00 0 0
      Short-Term Debt 68,008.00 67,901.00 66,743.00 40,829.00 50,047.00
      Other Current Liabilities 0.00 0.00 2,809.00 59.00 993.00
   Non-Current Liabilities 43,512.00 44,662.00 39,606.00 139,176.00 140,191.00
      Long-Term Debt 24,030.00 26,796.00 24,082.00 121,789.00 126,636.00
      Other Non-Current Liabilities 19,482.00 17,866.00 15,524.00 17,387.00 13,555.00
Equity 429,430.00 420,272.00 429,244.00 426,612.00 397,132.00
   Shareholders Equity 410,559.00 400,706.00 408,740.00 409,858.00 389,801.00
      Capital Stock 73.00 73.00 73.00 73.00 72.00
      Share Premium 909,930.00 909,930.00 909,930.00 910,740.00 905,958.00
      Retained Earnings -456,597.00 -467,473.00 -458,886.00 -456,025.00 -474,678.00
      Treasury Shares 29,513.00 29,513.00 29,513.00 29,512.00 29,512.00
      Accumulated Other Comprehensive Income -13,334.00 -12,311.00 -12,864.00 -15,418.00 -12,039.00
   Minority Interest 18,871.00 19,566.00 20,504.00 16,754.00 7,331.00
Debt 92,038.00 94,697.00 90,825.00 162,618.00 176,683.00
Common Shares Outstanding 1,008,857.62 1,008,857.62 1,008,857.62 1,008,857.62 994,559.41
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 396,746.00 283,789.00 285,953.00 369,698.00 282,951.00
Cost Of Revenue 287,761.00 210,483.00 186,760.00 266,977.00 194,354.00
Interest Income 770.00 675.00 0 1,040.00 1,096.00
Non-Interest Expense 78,713.00 69,225.00 100,462.00 75,401.00 96,494.00
Gross Profit 108,985.00 73,306.00 99,193.00 102,721.00 88,597.00
Operating Expenses 94,683.00 82,696.00 116,349.00 89,426.00 114,593.00
   Selling, General and Administrative Expenses 78,713.00 69,225.00 100,462.00 75,401.00 96,494.00
   Research and Development Expenses 15,970.00 13,471.00 15,887.00 14,025.00 18,099.00
Operating Income 14,302.00 -9,390.00 -17,156.00 13,295.00 -25,996.00
Net Non-Operating Income 446.00 736.00 10,267.00 2,008.00 2,954.00
EBT 13,313.00 -7,912.00 -4,803.00 17,921.00 -23,408.00
Income Tax 3,272.00 152.00 0 0 0
Net Income Including Non-Controlling Interests 9,830.00 -9,524.00 -3,620.00 18,560.00 -23,063.00
Net Income Non-Controlling Interests 1,046.00 937.00 759.00 93.00 -286.00
Net Income 10,876.00 -8,587.00 -2,861.00 18,653.00 -23,349.00
EBIT 14,302.00 -9,390.00 -17,156.00 13,295.00 -25,996.00
EBITDA 14,302.00 -9,390.00 -17,156.00 13,295.00 -25,996.00
EPS 0.00 -0.00 0 0.00 -0.00
Diluted EPS 0.00 -0.00 0 0.00 -0.00
Average Shares Outstanding Basic 10,088.58 10,088.58 10,088.58 10,137.67 9,911.25
Average Shares Outstanding Diluted 10,088.58 10,088.58 10,088.58 10,137.67 9,911.25
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow