Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 89.00 -8.06 -14.32 135.72 33.49
Price to Sales 1.88 1.80 2.15 3.14 2.40
Book Value Per Common Share 34.50 42.38 52.34 71.63 45.97
Price to Book 2.45 1.91 2.00 2.10 2.37
Price to Operating Cash Flow 20.23 14.35 67.34 25.48 17.10
Price to Free Cash Flow
Enterprise Value to EBITDA 135296.24 213070.41 129415.42
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 -40.22 -46.26 -19.50 92.86 105.79 373.87 426.06 1137.00 -2299.00 -12.58 86.32 136.80 178.29 -2490.00 -664.81
Price to Sales 1.90 3.36 6.99 3.07 4.19 7.56 1.98 3.41 7.75 2.41 4.65 10.38 3.71 6.19 11.67
Book Value Per Common Share 44.15 45.16 34.93 34.50 44.02 37.64 38.81 42.38 48.21 54.50 54.82 52.34 41.24 62.13 69.42 71.63 74.90 80.68 78.11 45.97
Price to Book 1.39 1.63 2.22 2.45 2.38 2.53 2.22 1.91 1.41 1.46 1.68 2.00 2.20 1.92 1.89 2.10 1.79 1.85 1.79 2.37
Price to Operating Cash Flow 29.61 51.17 156.44 38.12 72.26 221.51 21.87 54.12 184.66 122.54 -303.72 -8364.97 28.38 49.23 80.33
Price to Free Cash Flow
Enterprise Value to EBITDA 334889.59 1256763.93 191516.88 247378.40 461257.65 132339.88 237870.52 584964.38 260018.46 507039.56 258455.30 534616.69 1373299.29

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -65.85
Revenue YoY 0.04 -7.73 6.73 129.26
EBITDA YoY 100.14
Net Profit YoY -25.67
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 25.56 291.30 128.57 43.75
Revenue YoY 48.05 97.22 50.54 99.66 47.35 96.76 46.89 102.51 55.29 125.31
EBITDA YoY 214.00 42.38 106.72 53.98 112.97 76.97 89.22 175.10
Net Profit YoY 25.65 283.33 138.89 43.85 67.12

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.83 2.78 1.93 2.94 5.86
Quick Ratio 0.48 0.65 0.65 0.75 0.84
Current Ratio 1.84 1.67 1.99 1.92 1.61
Debt to Equity 1.06 1.12 0.99 0.87 1.11
Long-Term Debt to Equity 0.75 0.86 0.78 0.70 0.81
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 2.43 3.19 2.39 1.83 2.22 2.63 2.90 2.78 2.51 2.55 2.38 1.93 2.15 2.25 2.59 2.81 3.32 4.10 4.27 6.14
Quick Ratio 0.61 0.82 0.51 0.48 0.73 0.71 0.71 0.65 0.67 0.65 0.51 0.65 0.71 0.58 0.70 0.75 0.77 0.93 0.89 0.84
Current Ratio 1.44 1.86 1.87 1.84 2.62 2.38 1.68 1.67 1.74 1.64 1.53 1.99 1.79 1.64 1.86 1.92 1.99 1.95 1.89 1.61
Debt to Equity 0.81 0.81 1.14 1.06 1.02 1.07 1.14 1.12 0.96 0.95 0.99 0.99 1.03 0.93 0.89 0.87 0.87 0.87 0.87 1.11
Long-Term Debt to Equity 0.52 0.59 0.79 0.75 0.80 0.83 0.87 0.86 0.74 0.72 0.71 0.78 0.82 0.70 0.70 0.70 0.70 0.72 0.72 0.81

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.85 -8.29 -5.28 0.68 2.68
ROE 1.75 -17.53 -10.53 1.27 5.66
Gross Margin 35.91 32.07 33.37 32.04 41.03
Operating Margin 5.08 -18.63 -10.36 5.53 11.29
EBITDA Margin 13.92 -8.68 -0.88 15.44 17.69
Net Profit Margin 2.12 -22.36 -15.04 2.32 7.14
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 -1.52 -1.55 -3.60 0.97 0.78 0.20 0.13 0.05 -0.03 -5.35 0.89 0.61 0.45 -0.03 -0.10
ROE -2.75 -2.81 -7.70 1.95 1.61 0.42 0.25 0.10 -0.05 -10.87 1.72 1.16 0.83 -0.06 -0.19
Gross Margin 36.72 36.83 36.41 36.08 36.14 35.32 32.14 31.85 31.85 34.20 34.92 35.49 31.93 29.96 30.59
Operating Margin -3.06 -5.85 -32.47 7.22 7.95 6.83 5.24 4.89 4.13 -14.46 8.63 11.07 5.29 2.38 0.45
EBITDA Margin 5.67 2.68 -24.16 16.08 17.00 16.42 14.98 14.34 13.25 -5.12 17.88 20.46 15.27 12.53 10.26
Net Profit Margin -4.72 -7.24 -35.81 3.32 3.97 2.07 0.49 0.30 -0.30 -19.24 5.37 7.56 2.09 -0.25 -1.70

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 28,667,000.00 30,978,000.00 35,407,000.00 39,658,000.00 13,555,671.00
   Current Assets 7,993,000.00 6,293,000.00 7,432,000.00 6,987,000.00 3,059,799.00
      Cash and Short-Term Investments 469,000.00 709,000.00 493,000.00 715,000.00 656,836.00
            Cash and Cash Equivalents 469,000.00 709,000.00 493,000.00 715,000.00 656,836.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,624,000.00 1,726,000.00 1,924,000.00 1,998,000.00 950,350.00
      Inventory 2,133,000.00 2,477,000.00 3,151,000.00 2,516,000.00 1,131,856.00
      Other Current Assets 3,767,000.00 1,381,000.00 1,864,000.00 1,758,000.00 320,757.00
   Non-Current Assets 20,674,000.00 24,685,000.00 27,975,000.00 32,671,000.00 10,495,872.00
      Property, Plant, Equipment Net 4,369,000.00 9,393,000.00 9,452,000.00 10,447,000.00 3,566,636.00
      Goodwill 9,080,000.00 10,635,000.00 13,355,000.00 56,517,000.00 5,593,252.00
      Intangible Assets 6,445,000.00 8,357,000.00 9,082,000.00 10,506,000.00 2,727,175.00
      Long-Term Investments 171,000.00 11,000.00 10,000.00 86,000.00 0
      Non-Current Deferred Assets 0 0 0 0 127,300.00
      Other Non-Current Assets 609,000.00 -3,711,000.00 -3,924,000.00 -44,885,000.00 -1,518,491.00
Liabilities 14,756,000.00 16,336,000.00 17,634,000.00 18,436,000.00 7,135,084.00
   Current Liabilities 4,333,000.00 3,758,000.00 3,728,000.00 3,633,000.00 1,903,726.00
      Payables and Expenses 1,805,000.00 1,850,000.00 1,891,000.00 2,068,000.00 770,610.00
            Account Payables 1,385,000.00 1,585,000.00 1,624,000.00 1,733,000.00 638,002.00
            Current Accrued Liabilities 420,000.00 265,000.00 267,000.00 335,000.00 132,608.00
      Short-Term Debt 1,413,000.00 885,000.00 410,000.00 308,000.00 634,159.00
      Other Current Liabilities 1,115,000.00 1,023,000.00 1,427,000.00 1,257,000.00 498,957.00
   Non-Current Liabilities 10,423,000.00 12,578,000.00 13,906,000.00 14,803,000.00 5,231,358.00
      Long-Term Debt 8,098,000.00 9,828,000.00 10,938,000.00 11,438,000.00 3,779,359.00
      Other Non-Current Liabilities 2,325,000.00 2,750,000.00 2,968,000.00 3,365,000.00 1,451,999.00
Equity 13,911,000.00 14,642,000.00 17,773,000.00 21,222,000.00 6,420,587.00
   Shareholders Equity 8,822,000.00 10,819,000.00 13,346,000.00 18,236,000.00 4,916,071.00
      Capital Stock 35,000.00 35,000.00 35,000.00 35,000.00 16,066.00
      Share Premium 19,917,000.00 19,874,000.00 19,841,000.00 19,826,000.00 3,853,401.00
      Retained Earnings -2,605,000.00 -2,439,000.00 955,000.00 3,641,000.00 4,156,168.00
      Treasury Shares 944,000.00 963,000.00 978,000.00 997,000.00 1,016,941.00
      Accumulated Other Comprehensive Income -2,527,000.00 -1,896,000.00 -2,169,000.00 -841,000.00 120,849.00
   Minority Interest 35,000.00 31,000.00 89,000.00 140,000.00 109,434.00
Investments 1,650,000.00 1,778,000.00 1,871,000.00 1,952,000.00 950,350.00
Debt 9,511,000.00 10,713,000.00 11,348,000.00 11,746,000.00 4,413,518.00
Net Debt 9,042,000.00 10,004,000.00 10,855,000.00 11,031,000.00 3,756,682.00
Common Shares Outstanding 255,700.00 255,288.54 254,968.46 254,573.98 106,937.99
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 11,484,000.00 11,479,000.00 12,440,000.00 11,656,000.00 5,084,239.00
Cost Of Revenue 7,360,000.00 7,798,000.00 8,289,000.00 7,921,000.00 2,998,373.00
Gross Profit 4,124,000.00 3,681,000.00 4,151,000.00 3,735,000.00 2,085,866.00
Operating Expenses 3,358,000.00 5,791,000.00 5,477,000.00 3,150,000.00 789,696.00
   Selling, General and Administrative Expenses 3,686,000.00 1,787,000.00 1,768,000.00 1,749,000.00 948,833.00
   Research and Development Expenses 1,321,000.00 636,000.00 603,000.00 629,000.00 356,863.00
   Other Operating Expenses -1,649,000.00 3,368,000.00 3,106,000.00 772,000.00 -516,000.00
Operating Income 766,000.00 -2,110,000.00 -1,326,000.00 585,000.00 1,296,170.00
Net Non-Operating Income -488,000.00 -408,000.00 -299,000.00 -231,000.00 -854,799.00
Interest Income 320,000.00 385,000.00 0 0 0
Interest Expense 305,000.00 380,000.00 336,000.00 290,000.00 132,660.00
Net Interest 15,000.00 5,000.00 0 0 0
EBT 278,000.00 -2,518,000.00 -1,625,000.00 354,000.00 441,371.00
Income Tax 78,000.00 42,000.00 243,000.00 70,000.00 83,858.00
Net Income Including Non-Controlling Interests 239,000.00 -2,571,000.00 -1,882,000.00 255,000.00 356,270.00
Net Income Non-Controlling Interests 4,000.00 4,000.00 11,000.00 15,000.00 6,958.00
Net Income 243,000.00 -2,567,000.00 -1,871,000.00 270,000.00 363,228.00
EBIT 583,000.00 -2,138,000.00 -1,289,000.00 644,000.00 574,031.00
Deprecation and Amortization 1,015,000.00 1,142,000.00 1,179,000.00 1,156,000.00 325,360.00
EBITDA 1,598,000.00 -996,000.00 -110,000.00 1,800,000.00 899,391.00
EPS 0.00 -0.01 -0.01 0.00 0.00
Diluted EPS 0.00 -0.01 -0.01 0.00 0.00
Average Shares Outstanding Basic 256,000.00 255,000.00 255,000.00 243,000.00 112,162.00
Average Shares Outstanding Diluted 256,000.00 255,000.00 255,000.00 243,000.00 113,630.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,070,000.00 1,439,000.00 397,000.00 1,437,000.00 714,098.00
   Operating Net Income 247,000.00 -2,563,000.00 -1,864,000.00 279,000.00 367,372.00
   Deprecation and Amortization 1,015,000.00 1,142,000.00 1,179,000.00 1,156,000.00 325,360.00
   Deferred Income Tax -304,000.00 -369,000.00 -237,000.00 -236,000.00 -67,718.00
   Share Based Compensation 77,000.00 65,000.00 49,000.00 54,000.00 35,798.00
   Change in Working Capital 228,000.00 -529,000.00 1,052,000.00 1,184,000.00 130,421.00
   Other Operating Activities -193,000.00 3,693,000.00 218,000.00 -1,000,000.00 -77,135.00
Investing Cash Flow 326,000.00 574,000.00 745,000.00 -18,000.00 -187,463.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 489,000.00 530,000.00 1,018,000.00 808,000.00 400,777.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 875,000.00 1,050,000.00 1,279,000.00 115,000.00 0
   Other Investing Activities -1,038,000.00 -1,006,000.00 -1,552,000.00 -941,000.00 -588,240.00
Financing Cash Flow -1,606,000.00 -1,851,000.00 -1,229,000.00 -1,304,000.00 -511,570.00
   Net Issuance/Repayment of Debt 1,030,000.00 556,000.00 404,000.00 726,000.00 546,572.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 514,000.00 839,000.00 810,000.00 669,000.00 322,584.00
   Other Financing Activities -3,150,000.00 -3,246,000.00 -2,443,000.00 -2,699,000.00 -1,380,726.00
Net Change in Cash -264,000.00 183,000.00 -164,000.00 56,000.00 35,927.00
   Cash at Beginning of Period 735,000.00 552,000.00 716,000.00 660,000.00 623,945.00
   Cash at End of Period 471,000.00 735,000.00 552,000.00 716,000.00 659,872.00
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 25,768,000.00 26,121,000.00 28,265,000.00 28,667,000.00 29,928,000.00 29,543,000.00 30,642,000.00 30,978,000.00 33,395,000.00 34,459,000.00 35,470,000.00 35,407,000.00 34,537,000.00 39,304,000.00 39,747,000.00 39,658,000.00 40,252,000.00 40,864,000.00 40,817,000.00 13,555,671.00
   Current Assets 5,876,000.00 5,928,000.00 8,633,000.00 7,993,000.00 8,423,000.00 8,149,000.00 6,407,000.00 6,293,000.00 6,391,000.00 6,436,000.00 7,442,000.00 7,432,000.00 6,494,000.00 7,730,000.00 7,507,000.00 6,987,000.00 7,132,000.00 6,297,000.00 6,174,000.00 3,059,799.00
      Cash and Short-Term Investments 621,000.00 816,000.00 613,000.00 469,000.00 567,000.00 671,000.00 739,000.00 709,000.00 639,000.00 649,000.00 606,000.00 493,000.00 548,000.00 573,000.00 661,000.00 715,000.00 794,000.00 942,000.00 879,000.00 656,836.00
            Cash and Cash Equivalents 621,000.00 816,000.00 613,000.00 469,000.00 567,000.00 671,000.00 739,000.00 709,000.00 639,000.00 649,000.00 606,000.00 493,000.00 548,000.00 573,000.00 661,000.00 715,000.00 794,000.00 942,000.00 879,000.00 656,836.00
            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 1,869,000.00 1,801,000.00 1,742,000.00 1,624,000.00 1,772,000.00 1,775,000.00 1,977,000.00 1,726,000.00 1,831,000.00 1,887,000.00 1,899,000.00 1,924,000.00 2,031,000.00 2,180,000.00 2,160,000.00 1,998,000.00 1,975,000.00 2,059,000.00 2,023,000.00 950,350.00
      Inventory 2,323,000.00 2,371,000.00 2,249,000.00 2,133,000.00 2,200,000.00 2,160,000.00 2,411,000.00 2,477,000.00 2,549,000.00 2,790,000.00 2,946,000.00 3,151,000.00 3,122,000.00 2,993,000.00 2,795,000.00 2,516,000.00 2,401,000.00 2,464,000.00 2,589,000.00 1,131,856.00
      Other Current Assets 1,063,000.00 940,000.00 4,029,000.00 3,767,000.00 3,884,000.00 3,543,000.00 1,280,000.00 1,381,000.00 1,372,000.00 1,110,000.00 1,991,000.00 1,864,000.00 793,000.00 1,984,000.00 1,891,000.00 1,758,000.00 1,962,000.00 832,000.00 683,000.00 320,757.00
   Non-Current Assets 19,892,000.00 20,193,000.00 19,632,000.00 20,674,000.00 21,505,000.00 21,394,000.00 24,235,000.00 24,685,000.00 27,004,000.00 28,023,000.00 28,028,000.00 27,975,000.00 28,043,000.00 31,574,000.00 32,240,000.00 32,671,000.00 33,120,000.00 34,567,000.00 34,643,000.00 10,495,872.00
      Property, Plant, Equipment Net 4,470,000.00 4,525,000.00 4,407,000.00 4,369,000.00 4,433,000.00 4,439,000.00 4,854,000.00 9,393,000.00 20,164,000.00 20,322,000.00 19,976,000.00 9,452,000.00 19,025,000.00 13,333,000.00 13,456,000.00 10,447,000.00 12,933,000.00 13,439,000.00 13,337,000.00 3,566,636.00
      Goodwill 8,264,000.00 8,283,000.00 8,030,000.00 9,080,000.00 9,349,000.00 9,282,000.00 10,538,000.00 10,635,000.00 13,031,000.00 13,498,000.00 13,458,000.00 13,355,000.00 13,305,000.00 16,071,000.00 16,298,000.00 56,517,000.00 56,824,000.00 46,314,000.00 17,104,000.00 5,593,252.00
      Intangible Assets 6,183,000.00 6,430,000.00 6,383,000.00 6,445,000.00 6,770,000.00 6,881,000.00 8,116,000.00 8,357,000.00 8,381,000.00 8,813,000.00 8,968,000.00 9,082,000.00 9,386,000.00 9,867,000.00 10,250,000.00 10,506,000.00 10,959,000.00 11,448,000.00 11,652,000.00 2,727,175.00
      Long-Term Investments 257,000.00 240,000.00 171,000.00 171,000.00 10,000.00 11,000.00 11,000.00 11,000.00 10,000.00 11,000.00 11,000.00 10,000.00 10,000.00 84,000.00 85,000.00 86,000.00 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 0 127,300.00
      Other Non-Current Assets 718,000.00 715,000.00 641,000.00 609,000.00 943,000.00 781,000.00 716,000.00 -3,711,000.00 -14,582,000.00 -14,621,000.00 -14,385,000.00 -3,924,000.00 -13,683,000.00 -7,781,000.00 -7,849,000.00 -44,885,000.00 -47,596,000.00 -36,634,000.00 -7,450,000.00 -1,518,491.00
Liabilities 11,495,000.00 11,685,000.00 15,052,000.00 14,756,000.00 15,118,000.00 15,252,000.00 16,316,000.00 16,336,000.00 16,326,000.00 16,743,000.00 17,621,000.00 17,634,000.00 17,548,000.00 18,925,000.00 18,681,000.00 18,436,000.00 18,674,000.00 18,964,000.00 19,034,000.00 7,135,084.00
   Current Liabilities 4,069,000.00 3,183,000.00 4,607,000.00 4,333,000.00 3,218,000.00 3,425,000.00 3,820,000.00 3,758,000.00 3,683,000.00 3,932,000.00 4,874,000.00 3,728,000.00 3,626,000.00 4,720,000.00 4,032,000.00 3,633,000.00 3,579,000.00 3,227,000.00 3,261,000.00 1,903,726.00
      Payables and Expenses 1,673,000.00 1,708,000.00 1,643,000.00 1,805,000.00 1,695,000.00 1,649,000.00 1,670,000.00 1,850,000.00 1,555,000.00 1,638,000.00 1,622,000.00 1,891,000.00 1,986,000.00 2,030,000.00 2,090,000.00 2,068,000.00 1,831,000.00 1,821,000.00 1,751,000.00 770,610.00
            Account Payables 1,386,000.00 1,450,000.00 1,427,000.00 1,385,000.00 1,313,000.00 1,374,000.00 1,448,000.00 1,585,000.00 1,319,000.00 1,433,000.00 1,404,000.00 1,624,000.00 1,733,000.00 1,777,000.00 1,831,000.00 1,733,000.00 1,533,000.00 1,580,000.00 1,529,000.00 638,002.00
            Current Accrued Liabilities 287,000.00 258,000.00 216,000.00 420,000.00 382,000.00 275,000.00 222,000.00 265,000.00 236,000.00 205,000.00 218,000.00 267,000.00 253,000.00 253,000.00 259,000.00 335,000.00 298,000.00 241,000.00 222,000.00 132,608.00
      Short-Term Debt 1,308,000.00 500,000.00 1,689,000.00 1,413,000.00 468,000.00 783,000.00 312,000.00 885,000.00 1,142,000.00 1,203,000.00 1,483,000.00 410,000.00 308,000.00 957,000.00 308,000.00 308,000.00 708,000.00 616,000.00 628,000.00 634,159.00
      Other Current Liabilities 1,088,000.00 975,000.00 1,275,000.00 1,115,000.00 1,055,000.00 993,000.00 1,838,000.00 1,023,000.00 986,000.00 1,091,000.00 1,769,000.00 1,427,000.00 1,332,000.00 1,733,000.00 1,634,000.00 1,257,000.00 1,040,000.00 790,000.00 882,000.00 498,957.00
   Non-Current Liabilities 7,426,000.00 8,502,000.00 10,445,000.00 10,423,000.00 11,900,000.00 11,827,000.00 12,496,000.00 12,578,000.00 12,643,000.00 12,811,000.00 12,747,000.00 13,906,000.00 13,922,000.00 14,205,000.00 14,649,000.00 14,803,000.00 15,095,000.00 15,737,000.00 15,773,000.00 5,231,358.00
      Long-Term Debt 4,741,000.00 5,684,000.00 7,601,000.00 8,098,000.00 8,631,000.00 8,596,000.00 9,150,000.00 9,828,000.00 9,159,000.00 9,208,000.00 9,220,000.00 10,938,000.00 10,260,000.00 10,363,000.00 10,738,000.00 11,438,000.00 10,818,000.00 11,354,000.00 11,330,000.00 3,779,359.00
      Other Non-Current Liabilities 2,685,000.00 2,818,000.00 2,844,000.00 2,325,000.00 3,269,000.00 3,231,000.00 3,346,000.00 2,750,000.00 3,484,000.00 3,603,000.00 3,527,000.00 2,968,000.00 3,662,000.00 3,842,000.00 3,911,000.00 3,365,000.00 4,277,000.00 4,383,000.00 4,443,000.00 1,451,999.00
Equity 14,273,000.00 14,436,000.00 13,213,000.00 13,911,000.00 14,810,000.00 14,291,000.00 14,326,000.00 14,642,000.00 17,069,000.00 17,716,000.00 17,849,000.00 17,773,000.00 16,989,000.00 20,379,000.00 21,066,000.00 21,222,000.00 21,578,000.00 21,900,000.00 21,783,000.00 6,420,587.00
   Shareholders Equity 11,315,000.00 11,574,000.00 8,931,000.00 8,822,000.00 11,255,000.00 9,624,000.00 9,909,000.00 10,819,000.00 12,306,000.00 13,909,000.00 13,984,000.00 13,346,000.00 10,513,000.00 15,840,000.00 17,689,000.00 18,236,000.00 19,066,000.00 20,093,000.00 19,438,000.00 4,916,071.00
      Capital Stock 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 35,000.00 34,000.00 34,000.00 16,066.00
      Share Premium 19,929,000.00 19,916,000.00 19,932,000.00 19,917,000.00 19,902,000.00 19,894,000.00 19,889,000.00 19,874,000.00 19,865,000.00 19,851,000.00 19,844,000.00 19,841,000.00 19,832,000.00 19,826,000.00 19,823,000.00 19,826,000.00 19,817,000.00 19,800,000.00 19,796,000.00 3,853,401.00
      Retained Earnings -3,345,000.00 -3,215,000.00 -3,725,000.00 -2,605,000.00 -2,457,000.00 -2,414,000.00 -2,481,000.00 -2,439,000.00 378,000.00 560,000.00 739,000.00 955,000.00 1,186,000.00 3,589,000.00 3,683,000.00 3,641,000.00 3,752,000.00 3,759,000.00 3,922,000.00 4,156,168.00
      Treasury Shares 915,000.00 917,000.00 942,000.00 944,000.00 945,000.00 946,000.00 961,000.00 963,000.00 964,000.00 966,000.00 973,000.00 978,000.00 979,000.00 980,000.00 986,000.00 997,000.00 998,000.00 998,000.00 1,008,000.00 1,016,941.00
      Accumulated Other Comprehensive Income -1,463,000.00 -1,415,000.00 -2,123,000.00 -2,527,000.00 -1,760,000.00 -2,315,000.00 -2,191,000.00 -1,896,000.00 -2,336,000.00 -1,857,000.00 -1,887,000.00 -2,169,000.00 -3,187,000.00 -2,210,000.00 -1,622,000.00 -841,000.00 -1,180,000.00 -834,000.00 -1,102,000.00 120,849.00
   Minority Interest 32,000.00 32,000.00 36,000.00 35,000.00 35,000.00 37,000.00 35,000.00 31,000.00 91,000.00 93,000.00 91,000.00 89,000.00 102,000.00 119,000.00 133,000.00 140,000.00 152,000.00 139,000.00 141,000.00 109,434.00
Investments 257,000.00 240,000.00 171,000.00 1,650,000.00 26,000.00 27,000.00 37,000.00 1,778,000.00 1,886,000.00 1,950,000.00 1,953,000.00 1,871,000.00 2,088,000.00 2,244,000.00 2,229,000.00 1,952,000.00 2,019,000.00 2,101,000.00 2,063,000.00 950,350.00
Debt 6,597,000.00 6,755,000.00 9,825,000.00 9,511,000.00 9,704,000.00 9,999,000.00 10,113,000.00 10,713,000.00 10,955,000.00 11,094,000.00 11,272,000.00 11,348,000.00 11,124,000.00 11,966,000.00 11,699,000.00 11,746,000.00 12,197,000.00 12,652,000.00 12,655,000.00 4,413,518.00
Net Debt 5,976,000.00 5,939,000.00 9,212,000.00 9,042,000.00 9,137,000.00 9,328,000.00 9,374,000.00 10,004,000.00 10,316,000.00 10,445,000.00 10,666,000.00 10,855,000.00 10,576,000.00 11,393,000.00 11,038,000.00 11,031,000.00 11,403,000.00 11,710,000.00 11,776,000.00 3,756,682.00
Common Shares Outstanding 256,300.00 256,300.00 255,700.00 255,700.00 255,700.00 255,656.99 255,319.53 255,288.54 255,268.63 255,221.73 255,067.48 254,968.46 254,949.63 254,944.73 254,804.75 254,573.98 254,542.50 249,050.54 248,859.64 106,937.99
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 8,301,000.00 5,607,000.00 2,843,000.00 -5,916,000.00 8,713,000.00 5,788,000.00 2,899,000.00 -6,280,000.00 8,776,000.00 5,956,000.00 3,027,000.00 -6,915,000.00 9,596,000.00 6,533,000.00 3,226,000.00 -4,988,000.00 8,625,000.00 5,554,000.00 2,465,000.00
Cost Of Revenue 5,253,000.00 3,542,000.00 1,808,000.00 -3,780,000.00 5,569,000.00 3,696,000.00 1,875,000.00 -4,279,000.00 5,955,000.00 4,059,000.00 2,063,000.00 -4,358,000.00 6,314,000.00 4,252,000.00 2,081,000.00 -3,551,000.00 5,871,000.00 3,890,000.00 1,711,000.00
Gross Profit 3,048,000.00 2,065,000.00 1,035,000.00 -2,136,000.00 3,144,000.00 2,092,000.00 1,024,000.00 -2,001,000.00 2,821,000.00 1,897,000.00 964,000.00 -2,557,000.00 3,282,000.00 2,281,000.00 1,145,000.00 -1,437,000.00 2,754,000.00 1,664,000.00 754,000.00
Operating Expenses 3,527,000.00 2,770,000.00 1,938,000.00 -1,674,000.00 2,505,000.00 1,702,000.00 825,000.00 942,000.00 2,395,000.00 1,621,000.00 833,000.00 -1,767,000.00 4,713,000.00 1,727,000.00 804,000.00 -1,492,000.00 2,342,000.00 1,550,000.00 750,000.00
   Selling, General and Administrative Expenses 2,536,000.00 1,724,000.00 846,000.00 735,000.00 1,478,000.00 983,000.00 490,000.00 -909,000.00 1,343,000.00 899,000.00 454,000.00 -934,000.00 1,328,000.00 915,000.00 459,000.00 -864,000.00 1,299,000.00 863,000.00 451,000.00
   Research and Development Expenses 1,039,000.00 691,000.00 164,000.00 315,000.00 501,000.00 339,000.00 166,000.00 -326,000.00 479,000.00 322,000.00 161,000.00 -329,000.00 460,000.00 315,000.00 157,000.00 -284,000.00 463,000.00 307,000.00 143,000.00
   Other Operating Expenses -48,000.00 355,000.00 928,000.00 -2,724,000.00 526,000.00 380,000.00 169,000.00 2,177,000.00 573,000.00 400,000.00 218,000.00 -504,000.00 2,925,000.00 497,000.00 188,000.00 -344,000.00 580,000.00 380,000.00 156,000.00
Operating Income -479,000.00 -705,000.00 -903,000.00 -462,000.00 639,000.00 390,000.00 199,000.00 -2,943,000.00 426,000.00 276,000.00 131,000.00 -790,000.00 -1,431,000.00 554,000.00 341,000.00 55,000.00 412,000.00 114,000.00 4,000.00
Net Non-Operating Income 45,000.00 245,000.00 -91,000.00 -66,000.00 -246,000.00 -92,000.00 -84,000.00 224,000.00 -303,000.00 -212,000.00 -117,000.00 85,000.00 -189,000.00 -139,000.00 -56,000.00 123,000.00 -172,000.00 -124,000.00 -58,000.00
Interest Income 195,000.00 143,000.00 75,000.00 -179,000.00 245,000.00 168,000.00 86,000.00 385,000.00 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 180,000.00 132,000.00 71,000.00 -176,000.00 236,000.00 162,000.00 83,000.00 -295,000.00 337,000.00 227,000.00 111,000.00 -117,000.00 232,000.00 149,000.00 72,000.00 -133,000.00 216,000.00 142,000.00 65,000.00
Net Interest 15,000.00 11,000.00 4,000.00 -3,000.00 9,000.00 6,000.00 3,000.00 5,000.00 0 0 0 0 0 0 0 0 0 0 0
EBT -434,000.00 -460,000.00 -994,000.00 -528,000.00 393,000.00 298,000.00 115,000.00 -2,719,000.00 123,000.00 64,000.00 14,000.00 -705,000.00 -1,620,000.00 415,000.00 285,000.00 178,000.00 240,000.00 -10,000.00 -54,000.00
Income Tax 44,000.00 55,000.00 23,000.00 -141,000.00 100,000.00 65,000.00 54,000.00 -101,000.00 76,000.00 45,000.00 22,000.00 -79,000.00 222,000.00 61,000.00 39,000.00 1,000.00 53,000.00 0.00 16,000.00
Net Income Including Non-Controlling Interests -394,000.00 -407,000.00 -1,019,000.00 -332,000.00 285,000.00 227,000.00 59,000.00 -2,618,000.00 40,000.00 17,000.00 -10,000.00 -614,000.00 -1,855,000.00 345,000.00 242,000.00 152,000.00 169,000.00 -21,000.00 -45,000.00
Net Income Non-Controlling Interests 2,000.00 1,000.00 1,000.00 -4,000.00 4,000.00 3,000.00 1,000.00 -1,000.00 3,000.00 1,000.00 1,000.00 -6,000.00 9,000.00 6,000.00 2,000.00 -6,000.00 11,000.00 7,000.00 3,000.00
Net Income -392,000.00 -406,000.00 -1,018,000.00 -336,000.00 289,000.00 230,000.00 60,000.00 -2,619,000.00 43,000.00 18,000.00 -9,000.00 -620,000.00 -1,846,000.00 351,000.00 244,000.00 146,000.00 180,000.00 -14,000.00 -42,000.00
EBIT -254,000.00 -328,000.00 -923,000.00 -704,000.00 629,000.00 460,000.00 198,000.00 -3,014,000.00 460,000.00 291,000.00 125,000.00 -822,000.00 -1,388,000.00 564,000.00 357,000.00 45,000.00 456,000.00 132,000.00 11,000.00
Deprecation and Amortization 725,000.00 478,000.00 236,000.00 -559,000.00 772,000.00 524,000.00 278,000.00 -552,000.00 855,000.00 563,000.00 276,000.00 -625,000.00 897,000.00 604,000.00 303,000.00 -511,000.00 861,000.00 564,000.00 242,000.00
EBITDA 471,000.00 150,000.00 -687,000.00 -1,263,000.00 1,401,000.00 984,000.00 476,000.00 -3,566,000.00 1,315,000.00 854,000.00 401,000.00 -1,447,000.00 -491,000.00 1,168,000.00 660,000.00 -466,000.00 1,317,000.00 696,000.00 253,000.00
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 -0.01 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 -0.01 0.00 0.00 0.00 0.00 -0.00 -0.00
Average Shares Outstanding Basic 256,000.00 256,000.00 256,000.00 259,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 297,000.00 239,000.00 230,000.00 206,000.00
Average Shares Outstanding Diluted 256,000.00 256,000.00 256,000.00 256,000.00 256,000.00 256,000.00 256,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 255,000.00 297,000.00 239,000.00 230,000.00 206,000.00
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 532,000.00 368,000.00 127,000.00 -67,000.00 702,000.00 336,000.00 99,000.00 142,000.00 795,000.00 375,000.00 127,000.00 312,000.00 189,000.00 -100,000.00 -4,000.00 -745,000.00 1,126,000.00 698,000.00 358,000.00
   Operating Net Income -390,000.00 -405,000.00 -1,017,000.00 -340,000.00 293,000.00 233,000.00 61,000.00 -2,620,000.00 46,000.00 19,000.00 -8,000.00 -625,000.00 -1,840,000.00 355,000.00 246,000.00 142,000.00 187,000.00 -10,000.00 -40,000.00
   Deprecation and Amortization 725,000.00 478,000.00 236,000.00 -559,000.00 772,000.00 524,000.00 278,000.00 -552,000.00 855,000.00 563,000.00 276,000.00 -625,000.00 897,000.00 604,000.00 303,000.00 -511,000.00 861,000.00 564,000.00 242,000.00
   Deferred Income Tax -213,000.00 -163,000.00 -61,000.00 -90,000.00 -128,000.00 -77,000.00 -9,000.00 -255,000.00 -59,000.00 -27,000.00 -28,000.00 228,000.00 -222,000.00 -178,000.00 -65,000.00 135,000.00 -148,000.00 -137,000.00 -86,000.00
   Share Based Compensation 72,000.00 51,000.00 19,000.00 -43,000.00 59,000.00 43,000.00 18,000.00 -29,000.00 50,000.00 32,000.00 12,000.00 -22,000.00 37,000.00 25,000.00 9,000.00 -28,000.00 44,000.00 27,000.00 11,000.00
   Change in Working Capital 167,000.00 77,000.00 14,000.00 -362,000.00 282,000.00 50,000.00 258,000.00 1,283,000.00 -830,000.00 -579,000.00 -403,000.00 -2,230,000.00 1,526,000.00 1,035,000.00 721,000.00 -356,000.00 955,000.00 689,000.00 -104,000.00
   Other Operating Activities 171,000.00 330,000.00 936,000.00 1,327,000.00 -576,000.00 -437,000.00 -507,000.00 2,315,000.00 733,000.00 367,000.00 278,000.00 3,586,000.00 -209,000.00 -1,941,000.00 -1,218,000.00 -127,000.00 -773,000.00 -435,000.00 335,000.00
Investing Cash Flow 2,426,000.00 2,541,000.00 -157,000.00 -846,000.00 586,000.00 664,000.00 -78,000.00 -449,000.00 638,000.00 552,000.00 -167,000.00 325,000.00 887,000.00 -346,000.00 -121,000.00 -238,000.00 75,000.00 30,000.00 115,000.00
   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 408,000.00 274,000.00 179,000.00 -174,000.00 326,000.00 216,000.00 121,000.00 -375,000.00 412,000.00 311,000.00 182,000.00 293,000.00 347,000.00 242,000.00 136,000.00 288,000.00 259,000.00 167,000.00 94,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 2,711,000.00 2,711,000.00 0 -886,000.00 876,000.00 848,000.00 37,000.00 -778,000.00 1,006,000.00 821,000.00 1,000.00 -123,000.00 1,268,000.00 123,000.00 11,000.00 -593,000.00 308,000.00 193,000.00 207,000.00
   Other Investing Activities -693,000.00 -444,000.00 -336,000.00 214,000.00 -616,000.00 -400,000.00 -236,000.00 704,000.00 -780,000.00 -580,000.00 -350,000.00 155,000.00 -728,000.00 -711,000.00 -268,000.00 67,000.00 -492,000.00 -330,000.00 -186,000.00
Financing Cash Flow -2,891,000.00 -2,654,000.00 169,000.00 821,000.00 -1,444,000.00 -1,023,000.00 40,000.00 230,000.00 -1,293,000.00 -866,000.00 78,000.00 -614,000.00 -1,087,000.00 377,000.00 95,000.00 360,000.00 -1,022,000.00 -427,000.00 -215,000.00
   Net Issuance/Repayment of Debt 2,913,000.00 2,413,000.00 16,000.00 -1,876,000.00 974,000.00 849,000.00 1,083,000.00 201,000.00 255,000.00 200,000.00 -100,000.00 -250,000.00 302,000.00 351,000.00 1,000.00 -41,000.00 936,000.00 -77,000.00 -92,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 306,000.00 204,000.00 102,000.00 -413,000.00 411,000.00 309,000.00 207,000.00 -399,000.00 619,000.00 413,000.00 206,000.00 -397,000.00 604,000.00 402,000.00 201,000.00 -153,000.00 466,000.00 274,000.00 82,000.00
   Other Financing Activities -6,110,000.00 -5,271,000.00 51,000.00 3,110,000.00 -2,829,000.00 -2,181,000.00 -1,250,000.00 428,000.00 -2,167,000.00 -1,479,000.00 -28,000.00 33,000.00 -1,993,000.00 -376,000.00 -107,000.00 554,000.00 -2,424,000.00 -624,000.00 -205,000.00
Net Change in Cash 150,000.00 345,000.00 179,000.00 -73,000.00 -166,000.00 -61,000.00 36,000.00 -92,000.00 110,000.00 100,000.00 65,000.00 194,000.00 -161,000.00 -143,000.00 -54,000.00 -583,000.00 135,000.00 283,000.00 221,000.00
   Cash at Beginning of Period 471,000.00 471,000.00 471,000.00 544,000.00 733,000.00 732,000.00 735,000.00 827,000.00 552,000.00 552,000.00 552,000.00 358,000.00 716,000.00 716,000.00 716,000.00 1,299,000.00 660,000.00 660,000.00 660,000.00
   Cash at End of Period 621,000.00 816,000.00 650,000.00 471,000.00 567,000.00 671,000.00 771,000.00 735,000.00 662,000.00 652,000.00 617,000.00 552,000.00 555,000.00 573,000.00 662,000.00 716,000.00 795,000.00 943,000.00 881,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0