Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -2.80 -0.36 -4.17
Price to Sales 26.02 612.24 71.53
Book Value Per Common Share 1.37 1.77 0.83 1.53
Price to Book 2.38 0.72 3.60 5.78
Price to Operating Cash Flow -4.02 -0.37 -4.36 -15.52
Price to Free Cash Flow -0.37 -4.30
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Price to Earnings -12.46 -17.73 -14.60 -2.00 -2.96 -24.66
Price to Sales 1715.48 4933.33 257.76
Book Value Per Common Share 0.97 1.07 1.15 1.37 -0.07 1.05 1.77 0.82 0.83 1.35 1.53 0.80
Price to Book 1.66 1.82 1.90 2.38 -18.28 2.06 0.72 4.84 3.60 6.59 5.78 45.14
Price to Operating Cash Flow -47.82 -2.37 -3.54 -18.17 -56.92 -92.20
Price to Free Cash Flow -47.61 -2.37
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 111.03 -96.02
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Earning YoY
Revenue YoY 40.17 -96.73
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 4.11 2.48 0.91 1.62
Quick Ratio 6.25 10.08
Current Ratio 26.37 4.13 6.59
Debt to Equity 0.04 0.32 0.19 0.11
Long-Term Debt to Equity 0.00 0.01 0.01 0.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Cash Per Common Share 0.86 0.97 1.04 1.41 0.37 1.54 2.14 0.93 0.91 1.45 1.62 0.96
Quick Ratio 9.68 6.25 10.08
Current Ratio 11.73 10.09 11.01 26.37 0.85 2.55 4.13 10.37 6.59 3.31
Debt to Equity 0.09 0.11 0.10 0.04 -9.25 0.63 0.32 0.11 0.19 0.13 0.11 0.48
Long-Term Debt to Equity 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.03

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -27.91 -131.17 -72.40 -34.82
ROE -29.01 -173.34 -85.83 -38.49
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin -7304.73 -14625.85 -476.88
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
ROA -14.99 -11.16 -14.51 -132.01 -42.01 -15.90 -12.09 -22.21
ROE -16.37 -12.39 -15.96 1088.99 -68.61 -17.68 -13.65 -32.81
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin -6940.03 -10081.47 -187.40

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 98,599.85 14,506.65 24,936.30 42,470.00
   Current Assets 98,451.31 14,211.05 24,371.12 0
      Cash and Short-Term Investments 97,543.53 13,252.05 23,050.17 40,750.13
            Cash and Cash Equivalents 56,490.58 9,165.18 7,188.55 40,750.13
            Short-Term Investments 41,052.95 4,086.87 15,861.62 0
      Net Receivables 0 0 39.88 110.14
      Inventory 0 0 0 0
      Other Current Assets 907.78 959.00 1,281.07 0
   Non-Current Assets 148.54 295.60 565.17 0
      Property, Plant, Equipment Net 148.54 295.60 565.17 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0.00 0.00 0.00 0
Liabilities 3,733.57 3,528.72 3,900.90 4,054.45
   Current Liabilities 3,733.57 3,438.60 3,695.45 4,054.45
      Payables and Expenses 3,623.05 2,906.72 3,549.61 3,805.54
            Account Payables 943.02 646.77 1,151.17 1,089.78
            Current Accrued Liabilities 2,680.03 2,259.95 2,398.44 2,715.76
      Short-Term Debt 110.52 150.09 145.84 248.91
      Other Current Liabilities 0.00 381.78 0.00 0.00
   Non-Current Liabilities 0.00 90.12 205.45 0.00
      Long-Term Debt 0 90.12 205.45 0
      Other Non-Current Liabilities 0 0.00 0.00 0
Equity 94,866.28 10,977.92 21,035.40 38,415.55
   Shareholders Equity 94,866.28 10,977.92 21,035.40 38,415.55
      Capital Stock 69.36 6.19 25.23 25.16
      Share Premium 189,254.78 77,871.58 68,777.30 68,208.08
      Retained Earnings -94,420.61 -66,900.73 -47,871.84 29,817.69
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -37.25 0.88 104.72 0
   Minority Interest 0 0 0 0
Investments 41,052.95 4,086.87 15,861.62 0
Debt 110.52 150.09 145.84 248.91
Common Shares Outstanding 69,362.44 6,186.28 25,227.05 25,155.20
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 0.00 260.50 123.44 3,100.61
Operating Expenses 28,589.07 0 0 0
   Selling, General and Administrative Expenses 11,378.52 6,731.94 6,217.06 6,507.64
   Research and Development Expenses 17,210.55 13,618.35 12,034.99 11,359.10
   Other Operating Expenses 0.00 0 0 0
Operating Income -28,589.07 -20,089.79 -18,128.61 -14,766.14
Interest Expense 0.00 0.00 0.00 19.92
Net Interest 1,069.18 1,060.91 74.45 0
EBT 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00
Net Income -27,519.89 -19,028.88 -18,054.15 -14,786.06
Deprecation and Amortization 26.27 177.40 6.72 0.00
EPS -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 23,712.22 5,333.10 25,211.73 0
Average Shares Outstanding Diluted 23,712.22 5,333.10 25,211.73 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -19,148.07 -18,085.04 -17,351.10 -14,297.05
   Operating Net Income -27,519.89 -19,028.88 -18,054.15 -14,786.06
   Deprecation and Amortization 26.27 177.40 6.72 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 8,140.62 500.15 458.15 1,531.88
   Change in Working Capital 75.33 -658.39 1,153.60 -3,099.20
   Other Operating Activities 129.60 924.69 -915.42 2,056.34
Investing Cash Flow -37,004.20 11,656.67 -16,005.71 0
   Capital Expenditure 0.00 -14.24 -243.25 0.00
   Net Purchase/Sale of PPE 0 -14.24 -243.25 0
   Net Purchase/Sale of Investments Net -60,455.10 -29,426.10 -20,725.46 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 23,450.90 41,111.24 5,206.26 0
Financing Cash Flow 103,477.67 8,405.00 -204.77 41,093.67
   Net Issuance/Repayment of Debt 0 0 -248.91 -42.53
   Net Issuance/Repurchase of Equity 103,477.67 8,543.56 44.14 41,213.86
   Dividends Paid 0 0 0 0
   Other Financing Activities 0.00 -138.56 0.00 -77.65
Net Change in Cash 47,325.40 1,976.63 -33,561.58 26,796.62
   Cash at Beginning of Period 9,165.18 7,188.55 40,750.13 13,953.51
   Cash at End of Period 56,490.58 9,165.18 7,188.55 40,750.13
Free Cash Flow 0 -18,099.28 -17,594.36 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Assets 79,594.54 88,853.23 94,281.32 98,599.85 4,376.88 11,068.10 14,506.65 28,163.33 24,936.30 38,389.52 42,470.00 11,874.03
   Current Assets 78,536.63 88,794.62 94,164.76 98,451.31 4,190.10 10,807.83 14,211.05 27,628.58 24,371.12 0 0 11,871.25
      Cash and Short-Term Investments 77,322.22 87,665.77 93,180.29 97,543.53 3,243.65 9,749.35 13,252.05 25,718.17 23,050.17 36,611.17 40,750.13 9,609.63
            Cash and Cash Equivalents 38,269.71 77,742.67 73,441.39 56,490.58 913.42 2,353.35 9,165.18 3,956.60 7,188.55 36,611.17 40,750.13 9,609.63
            Short-Term Investments 39,052.51 9,923.10 19,738.90 41,052.95 2,330.23 7,396.01 4,086.87 21,761.56 15,861.62 0 0 0
      Net Receivables 0 0 0 0 0 0 0 64.52 39.88 47.98 110.14 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,214.41 1,128.86 984.47 907.78 0 1,058.48 959.00 1,845.89 1,281.07 0 0 2,261.62
   Non-Current Assets 1,057.91 58.60 116.56 148.54 186.77 260.26 295.60 534.75 565.17 0 0 2.78
      Property, Plant, Equipment Net 0 58.60 116.56 148.54 186.77 260.26 295.60 534.75 565.17 0 0 0
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0 0 0
Liabilities 6,696.24 8,799.55 8,550.65 3,733.57 4,907.47 4,291.45 3,528.72 2,842.31 3,900.90 4,380.20 4,054.45 3,837.46
   Current Liabilities 6,696.24 8,799.55 8,550.65 3,733.57 4,907.47 4,233.12 3,438.60 2,664.20 3,695.45 0 4,054.45 3,588.55
      Payables and Expenses 4,276.91 5,849.44 5,205.30 3,623.05 4,109.03 3,801.34 2,906.72 2,517.30 3,549.61 4,380.20 3,805.54 1,342.41
            Account Payables 620.53 2,703.55 1,692.05 943.02 2,529.22 1,293.76 646.77 959.08 1,151.17 806.20 1,089.78 715.02
            Current Accrued Liabilities 3,656.38 3,145.89 3,513.25 2,680.03 1,508.14 2,507.59 2,259.95 1,558.22 2,398.44 3,574.00 2,715.76 627.40
      Short-Term Debt 0 37.94 74.77 110.52 145.21 151.16 150.09 146.90 145.84 0 248.91 994.79
      Other Current Liabilities 2,419.33 2,912.16 3,270.58 0.00 653.23 280.61 381.78 0.00 0.00 0 0.00 1,251.35
   Non-Current Liabilities 0.00 0.00 0.00 0.00 0 58.33 90.12 178.11 205.45 0 0.00 248.91
      Long-Term Debt 0 0 0 0 0 58.33 90.12 178.11 205.45 0 0 248.91
      Other Non-Current Liabilities 0 0 0 0 0 0.00 0.00 0.00 0.00 0 0 0.00
Equity 72,898.30 80,053.68 85,730.67 94,866.28 -530.59 6,776.65 10,977.92 25,321.02 21,035.40 34,009.32 38,415.55 8,036.57
   Shareholders Equity 72,898.30 80,053.68 85,730.67 94,866.28 -530.59 6,776.65 10,977.92 25,321.02 21,035.40 34,009.32 38,415.55 8,036.57
      Capital Stock 74.81 74.52 74.34 69.36 7.46 6.48 6.19 31.06 25.23 25.23 25.16 10.06
      Share Premium 202,772.83 197,996.98 193,756.64 189,254.78 81,748.23 78,322.33 77,871.58 77,473.76 68,777.30 68,442.38 68,208.08 25,695.20
      Retained Earnings -129,945.15 -118,014.87 -108,099.35 -94,420.61 -82,288.03 -71,550.36 -66,900.73 -52,349.62 -47,871.84 -34,458.29 29,817.69 -17,668.69
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -4.19 -2.94 -0.97 -37.25 1.75 -1.80 0.88 165.82 104.72 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0
Investments 39,052.51 9,923.10 19,738.90 41,052.95 0 7,396.01 4,086.87 21,761.56 15,861.62 0 0 0
Debt 0 37.94 74.77 110.52 145.21 151.16 150.09 146.90 145.84 0 248.91 1,243.70
Common Shares Outstanding 74,807.91 74,516.63 74,341.54 69,362.44 7,464.07 6,476.84 6,186.28 31,056.24 25,227.05 25,227.05 25,155.20 10,059.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 0 0 0 0.00 0 0 0.00 64.52 46.03 1,407.16
Interest Income 0 0 0 0 49.41 0 0 0 0 0
Interest Expense 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.01 11.80
Net Interest 838.09 916.75 919.27 936.46 0 0 132.72 237.17 0 0
Non-Interest Expense 0 0 0 0 1,637.60 0 0 0 0 0
Operating Expenses 12,768.37 10,832.28 14,598.01 17,979.23 5,827.48 0 4,782.36 0 0 0
   Selling, General and Administrative Expenses 5,611.50 5,919.73 5,249.29 7,709.84 1,637.60 0 2,031.08 1,925.35 1,669.64 1,600.58
   Research and Development Expenses 7,649.70 5,270.97 10,513.58 10,269.40 4,189.87 0 2,751.28 2,854.12 3,016.99 2,431.86
   Other Operating Expenses -492.83 -358.42 -1,164.86 0.00 0 0 0.00 0 0 0
Operating Income -12,768.37 -10,832.28 -14,598.01 -17,979.23 -5,827.48 0 -4,782.36 -4,714.95 -4,640.60 -2,625.27
EBT 0 0 0 0 -5,778.07 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0 0 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 0 0 0 0 -5,778.07 0 0 0 0 0
Net Income -11,930.28 -9,915.52 -13,678.74 -17,092.19 -5,778.07 0 -4,649.64 -4,477.78 -4,640.60 -2,637.07
EBIT 0 0 0 0 -5,827.48 0 0 0 0 0
Deprecation and Amortization 23.69 24.16 12.65 13.14 6.57 0 6.57 5.04 0.00 0.00
EBITDA 0 0 0 0 -5,820.91 0 0 0 0 0
EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 90,050.97 90,009.62 89,537.17 72,089.95 8,882.57 7,535.67 6,340.70 27,510.08 0 0
Average Shares Outstanding Diluted 90,050.97 90,009.62 89,537.17 72,089.95 8,882.57 7,535.67 6,340.70 27,510.08 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow 0 0 -4,103.53 -4,881.10 -3,867.02 -5,972.13 -3,934.20 -3,934.22
   Operating Net Income -11,930.28 -9,915.52 -13,678.74 -5,778.07 -4,649.64 -4,477.78 -4,640.60 -2,637.07
   Deprecation and Amortization 23.69 24.16 12.65 6.57 6.57 5.04 0 0
   Deferred Income Tax 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 2,042.20 148.02 53.43 123.27 123.23 591.12
   Change in Working Capital 0 0 1,302.12 742.37 712.18 -1,816.26 974.48 -2,220.57
   Other Operating Activities 0 0 6,218.24 0.00 10.43 193.59 -391.30 332.29
Investing Cash Flow 0 0 21,054.34 2,526.11 -3,311.81 -5,838.84 0 0
   Capital Expenditure 0.00 0.00 -13.40 0 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 -13.40 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 2,526.11 -8,432.57 -21,611.03 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 21,081.14 0 5,120.76 15,772.19 0 0
Financing Cash Flow 0 0 0 181.95 367.00 8,579.02 -204.77 -409.66
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 -248.91 -409.66
   Net Issuance/Repurchase of Equity 0 0 0 181.95 397.61 8,579.02 44.14 0
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities 0 0 0 0.00 -30.61 0.00 0.00 0.00
Net Change in Cash 0 0 16,950.81 -2,173.03 -6,811.83 -3,231.95 -4,138.97 -4,343.88
   Cash at Beginning of Period 0 0 56,490.58 3,086.45 9,165.18 7,188.55 40,750.13 13,953.51
   Cash at End of Period 38,269.71 77,742.67 73,441.39 913.42 2,353.35 3,956.60 36,611.17 9,609.63
Free Cash Flow 0 0 -4,116.93 -4,881.10 0 0 0 0