INDI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -5.33 | -10.01 | -15.76 | -9.52 |
| Price to Sales | 3.27 | 5.28 | 6.24 | 17.34 |
| Book Value Per Common Share | 2.39 | 3.07 | 2.64 | 4.47 |
| Price to Book | 1.70 | 2.64 | 2.21 | 2.68 |
| Price to Operating Cash Flow | -12.10 | -11.28 | -9.01 | -15.04 |
| Price to Free Cash Flow | ||||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -7.14 | -9.37 | -11.31 | -6.88 | -20.57 | -37.26 | -8.63 | -14.92 | -19.18 | -27.11 | 95.00 | 78.10 | -11.50 | 22.98 |
| Price to Sales | 4.99 | 6.51 | 7.21 | 4.31 | 9.86 | 22.26 | 5.77 | 13.89 | 34.30 | 10.94 | 13.62 | 39.46 | 24.58 | 22.69 |
| Book Value Per Common Share | 1.89 | 2.02 | 2.12 | 2.67 | 2.81 | 2.63 | 2.95 | 2.82 | 2.75 | 2.54 | 2.85 | 3.00 | 1.65 | 4.25 |
| Price to Book | 2.15 | 1.76 | 0.96 | 1.49 | 2.19 | 2.69 | 2.14 | 3.33 | 3.83 | 2.88 | 2.00 | 2.60 | 7.48 | 2.32 |
| Price to Operating Cash Flow | -18.58 | -18.80 | -13.43 | -13.19 | -35.52 | -124.65 | -10.04 | -17.58 | -42.18 | -14.47 | -17.64 | -55.27 | -19.61 | -17.73 |
| Price to Free Cash Flow | ||||||||||||||
| Enterprise Value to EBITDA | 348107.59 | 456821.62 | 151962.60 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -2.91 | 101.42 | 128.86 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | -40.00 | |||||||||||||
| Revenue YoY | 50.78 | 95.48 | 51.54 | 100.00 | 65.34 | 128.81 | 62.86 | 117.07 | -25.30 | 70.30 | ||||
| EBITDA YoY | -1.72 | |||||||||||||
| Net Profit YoY | -39.08 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.63 | 1.04 | 2.71 | 3.13 |
| Quick Ratio | 3.97 | 1.55 | 5.45 | 6.92 |
| Current Ratio | 4.82 | 1.96 | 5.85 | 7.36 |
| Debt to Equity | 1.11 | 0.72 | 0.92 | 0.61 |
| Long-Term Debt to Equity | 0.92 | 0.43 | 0.72 | 0.50 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.88 | 1.05 | 1.29 | 0.63 | 0.73 | 0.90 | 1.15 | 1.32 | 1.58 | 1.30 | 1.44 | 1.74 | 5.51 | 8.92 |
| Quick Ratio | 2.83 | 3.43 | 4.30 | 1.62 | 1.94 | 1.32 | 1.37 | 2.07 | 2.02 | 3.13 | 3.56 | 3.67 | 19.78 | 12.56 |
| Current Ratio | 3.75 | 4.34 | 5.30 | 2.39 | 2.66 | 1.74 | 1.81 | 2.68 | 2.52 | 3.51 | 3.95 | 3.98 | 20.33 | 12.82 |
| Debt to Equity | 1.18 | 1.09 | 1.11 | 0.63 | 0.59 | 0.74 | 0.99 | 1.03 | 1.22 | 0.52 | 0.43 | 0.54 | 3.52 | 1.14 |
| Long-Term Debt to Equity | 0.97 | 0.91 | 0.94 | 0.43 | 0.40 | 0.41 | 0.62 | 0.76 | 0.89 | 0.32 | 0.27 | 0.36 | 3.31 | 0.98 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -14.09 | -14.36 | -7.19 | -18.70 |
| ROE | -29.77 | -24.66 | -13.81 | -30.17 |
| Gross Margin | 41.68 | 40.13 | 45.40 | 40.71 |
| Operating Margin | -63.16 | -55.88 | -47.05 | -243.11 |
| EBITDA Margin | -43.28 | -40.39 | -31.92 | -230.79 |
| Net Profit Margin | -61.20 | -52.71 | -39.17 | -181.86 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -13.08 | -8.48 | -3.80 | -12.54 | -6.31 | -3.88 | -12.56 | -11.00 | -9.17 | -7.36 | 1.48 | 2.22 | -17.48 | 4.40 |
| ROE | -28.47 | -17.73 | -8.00 | -20.46 | -10.02 | -6.76 | -24.94 | -22.29 | -20.31 | -11.22 | 2.12 | 3.41 | -79.00 | 9.42 |
| Gross Margin | 40.78 | 41.14 | 41.70 | 41.35 | 42.38 | 42.53 | 40.30 | 39.30 | 40.53 | 42.99 | 38.50 | 35.49 | 41.95 | 41.21 |
| Operating Margin | -66.40 | -65.39 | -60.28 | -66.01 | -49.67 | -63.47 | -72.13 | -102.21 | -206.48 | -47.84 | 15.08 | 59.57 | -283.87 | 142.07 |
| EBITDA Margin | -45.81 | -44.81 | -40.83 | -44.97 | -29.79 | -43.65 | -53.58 | -83.45 | -190.26 | -31.59 | 39.12 | 86.41 | -275.73 | 149.28 |
| Net Profit Margin | -70.19 | -69.61 | -63.88 | -63.04 | -48.08 | -59.56 | -67.28 | -92.78 | -179.83 | -39.87 | 13.82 | 49.24 | -212.85 | 98.09 |
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 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 941,386.00 | 818,876.00 | 603,351.00 | 470,885.00 |
| Current Assets | 408,748.00 | 271,820.00 | 373,866.00 | 248,034.00 |
| Cash and Short-Term Investments | 284,548.00 | 151,678.00 | 321,879.00 | 219,464.00 |
| Cash and Cash Equivalents | 284,548.00 | 151,678.00 | 321,879.00 | 219,464.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 52,005.00 | 63,602.00 | 26,441.00 | 13,842.00 |
| Inventory | 49,887.00 | 33,141.00 | 13,256.00 | 9,080.00 |
| Other Current Assets | 22,308.00 | 23,399.00 | 12,290.00 | 5,648.00 |
| Non-Current Assets | 532,638.00 | 547,056.00 | 229,485.00 | 222,851.00 |
| Property, Plant, Equipment Net | 50,388.00 | 40,756.00 | 27,884.00 | 11,090.00 |
| Goodwill | 402,782.00 | 450,914.00 | 301,134.00 | 231,333.00 |
| Intangible Assets | 208,944.00 | 208,134.00 | 63,117.00 | 96,285.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -129,476.00 | -152,748.00 | -162,650.00 | -115,857.00 |
| Liabilities | 495,991.00 | 341,851.00 | 289,019.00 | 179,028.00 |
| Current Liabilities | 84,880.00 | 138,875.00 | 63,963.00 | 33,715.00 |
| Payables and Expenses | 63,196.00 | 46,437.00 | 38,886.00 | 24,084.00 |
| Account Payables | 28,326.00 | 18,405.00 | 14,186.00 | 5,441.00 |
| Current Accrued Liabilities | 34,870.00 | 28,032.00 | 24,700.00 | 18,643.00 |
| Short-Term Debt | 12,220.00 | 4,106.00 | 15,700.00 | 2,275.00 |
| Other Current Liabilities | 9,464.00 | 88,332.00 | 9,377.00 | 7,356.00 |
| Non-Current Liabilities | 411,111.00 | 202,976.00 | 225,056.00 | 145,313.00 |
| Long-Term Debt | 383,375.00 | 167,585.00 | 165,814.00 | 5,618.00 |
| Other Non-Current Liabilities | 27,736.00 | 35,391.00 | 59,242.00 | 139,695.00 |
| Equity | 445,395.00 | 477,025.00 | 314,332.00 | 291,857.00 |
| Shareholders Equity | 417,886.00 | 446,149.00 | 312,812.00 | 313,046.00 |
| Capital Stock | 21.00 | 18.00 | 15.00 | 14.00 |
| Share Premium | 936,564.00 | 813,742.00 | 568,564.00 | 514,891.00 |
| Retained Earnings | -494,044.00 | -361,441.00 | -243,816.00 | -200,416.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -24,655.00 | -6,170.00 | -11,951.00 | -1,443.00 |
| Minority Interest | 27,509.00 | 30,876.00 | 1,520.00 | -21,189.00 |
| Debt | 395,595.00 | 171,691.00 | 181,514.00 | 7,893.00 |
| Net Debt | 111,047.00 | 20,013.00 | 0 | 0 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 216,682.00 | 223,169.00 | 110,797.00 | 48,412.00 |
| Cost Of Revenue | 126,373.00 | 133,606.00 | 60,491.00 | 28,703.00 |
| Gross Profit | 90,309.00 | 89,563.00 | 50,306.00 | 19,709.00 |
| Operating Expenses | 260,389.00 | 224,986.00 | 169,434.00 | 94,501.00 |
| Selling, General and Administrative Expenses | 80,945.00 | 70,479.00 | 48,237.00 | 36,384.00 |
| Research and Development Expenses | 175,112.00 | 154,507.00 | 121,197.00 | 58,117.00 |
| Other Operating Expenses | 4,332.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -170,080.00 | -135,423.00 | -119,128.00 | -74,792.00 |
| Net Non-Operating Income | 23,971.00 | 2,057.00 | 65,305.00 | -44,142.00 |
| Interest Income | 13,846.00 | 16,451.00 | 4,259.00 | 1,288.00 |
| Interest Expense | 9,258.00 | 8,650.00 | 1,692.00 | 1,239.00 |
| Net Interest | 4,588.00 | 7,801.00 | 2,567.00 | 49.00 |
| EBT | -146,109.00 | -133,366.00 | -53,823.00 | -118,934.00 |
| Income Tax | 1,922.00 | 4,534.00 | 1,035.00 | 327.00 |
| Net Income Including Non-Controlling Interests | -121,019.00 | -106,418.00 | -34,012.00 | -57,481.00 |
| Net Income Non-Controlling Interests | -11,584.00 | -11,207.00 | -9,388.00 | -30,563.00 |
| Net Income | -132,603.00 | -117,625.00 | -43,400.00 | -88,044.00 |
| EBIT | -136,851.00 | -124,716.00 | -52,131.00 | -117,695.00 |
| Deprecation and Amortization | 43,061.00 | 34,585.00 | 16,761.00 | 5,967.00 |
| EBITDA | -93,790.00 | -90,131.00 | -35,370.00 | -111,728.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 175,029.65 | 145,188.87 | 118,660.79 | 70,012.11 |
| Average Shares Outstanding Diluted | 175,029.65 | 145,188.87 | 118,660.79 | 70,012.11 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -58,601.00 | -104,385.00 | -76,745.00 | -55,819.00 |
| Operating Net Income | -420,977.00 | -375,289.00 | -148,976.00 | -118,607.00 |
| Deprecation and Amortization | 43,061.00 | 34,585.00 | 16,761.00 | 5,967.00 |
| Deferred Income Tax | -5,366.00 | -4,198.00 | -2,002.00 | -516.00 |
| Share Based Compensation | 67,240.00 | 43,710.00 | 41,885.00 | 22,905.00 |
| Change in Working Capital | 13,907.00 | 38,416.00 | 31,180.00 | 13,468.00 |
| Other Operating Activities | 243,534.00 | 158,391.00 | -15,593.00 | 20,964.00 |
| Investing Cash Flow | -19,259.00 | -107,742.00 | -16,273.00 | -84,326.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 16,059.00 | 12,752.00 | 7,568.00 | 4,070.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 3,200.00 | 94,990.00 | 8,705.00 | 80,256.00 |
| Other Investing Activities | -38,518.00 | -215,484.00 | -32,546.00 | -168,652.00 |
| Financing Cash Flow | 209,334.00 | 43,567.00 | 192,659.00 | 340,646.00 |
| Net Issuance/Repayment of Debt | 238,326.00 | 13,979.00 | 163,665.00 | 18,318.00 |
| Net Issuance/Repurchase of Equity | 53.00 | 31.00 | 49,368.00 | 966.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | -29,045.00 | 29,557.00 | -20,374.00 | 321,362.00 |
| Net Change in Cash | 132,870.00 | -170,201.00 | 102,415.00 | 200,766.00 |
| Cash at Beginning of Period | 151,678.00 | 321,879.00 | 219,464.00 | 18,698.00 |
| Cash at End of Period | 284,548.00 | 151,678.00 | 321,879.00 | 219,464.00 |
| Free Cash Flow | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 855,065.00 | 867,630.00 | 909,022.00 | 941,386.00 | 797,461.00 | 797,326.00 | 803,648.00 | 818,876.00 | 819,524.00 | 780,841.00 | 793,577.00 | 603,351.00 | 421,403.00 | 446,367.00 | 487,226.00 | 470,885.00 | 358,692.00 | 385,962.00 |
| Current Assets | 297,089.00 | 331,760.00 | 381,713.00 | 408,748.00 | 240,817.00 | 247,556.00 | 263,750.00 | 271,820.00 | 269,933.00 | 279,516.00 | 290,367.00 | 373,866.00 | 194,279.00 | 199,443.00 | 227,082.00 | 248,034.00 | 341,870.00 | 368,845.00 |
| Cash and Short-Term Investments | 171,162.00 | 202,853.00 | 246,905.00 | 284,548.00 | 107,197.00 | 122,647.00 | 148,174.00 | 151,678.00 | 160,648.00 | 180,660.00 | 207,398.00 | 321,879.00 | 150,771.00 | 164,132.00 | 193,362.00 | 219,464.00 | 323,865.00 | 354,208.00 |
| Cash and Cash Equivalents | 171,162.00 | 202,853.00 | 246,905.00 | 284,548.00 | 107,197.00 | 122,647.00 | 148,174.00 | 151,678.00 | 160,648.00 | 180,660.00 | 207,398.00 | 321,879.00 | 150,771.00 | 164,132.00 | 193,362.00 | 219,464.00 | 323,865.00 | 354,208.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 53,246.00 | 59,134.00 | 62,880.00 | 52,005.00 | 56,163.00 | 58,074.00 | 52,418.00 | 63,602.00 | 43,476.00 | 34,904.00 | 24,626.00 | 26,441.00 | 22,422.00 | 15,835.00 | 16,064.00 | 13,842.00 | 8,857.00 | 7,189.00 |
| Inventory | 45,622.00 | 47,028.00 | 47,822.00 | 49,887.00 | 52,157.00 | 42,464.00 | 37,899.00 | 33,141.00 | 39,505.00 | 40,871.00 | 38,977.00 | 13,256.00 | 11,579.00 | 12,566.00 | 10,835.00 | 9,080.00 | 5,549.00 | 3,363.00 |
| Other Current Assets | 27,059.00 | 22,745.00 | 24,106.00 | 22,308.00 | 25,300.00 | 24,371.00 | 25,259.00 | 23,399.00 | 26,304.00 | 23,081.00 | 19,366.00 | 12,290.00 | 9,507.00 | 6,910.00 | 6,821.00 | 5,648.00 | 3,599.00 | 4,085.00 |
| Non-Current Assets | 557,976.00 | 535,870.00 | 527,309.00 | 532,638.00 | 556,644.00 | 549,770.00 | 539,898.00 | 547,056.00 | 549,591.00 | 501,325.00 | 503,210.00 | 229,485.00 | 227,124.00 | 246,924.00 | 260,144.00 | 222,851.00 | 16,822.00 | 17,117.00 |
| Property, Plant, Equipment Net | 57,218.00 | 55,218.00 | 50,178.00 | 50,388.00 | 51,579.00 | 47,992.00 | 43,731.00 | 40,756.00 | 40,048.00 | 34,252.00 | 32,788.00 | 27,884.00 | 22,348.00 | 22,245.00 | 24,646.00 | 11,090.00 | 3,282.00 | 2,706.00 |
| Goodwill | 307,208.00 | 276,240.00 | 267,590.00 | 402,782.00 | 412,597.00 | 443,489.00 | 444,508.00 | 450,914.00 | 483,518.00 | 423,786.00 | 420,738.00 | 301,134.00 | 321,827.00 | 254,498.00 | 259,176.00 | 231,333.00 | 1,739.00 | 1,739.00 |
| Intangible Assets | 203,932.00 | 198,540.00 | 203,138.00 | 208,944.00 | 222,659.00 | 205,402.00 | 198,635.00 | 208,134.00 | 196,424.00 | 181,438.00 | 189,476.00 | 63,117.00 | 60,864.00 | 97,318.00 | 104,785.00 | 96,285.00 | 11,608.00 | 12,496.00 |
| Long-Term Investments | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -10,382.00 | 5,872.00 | 6,403.00 | -129,476.00 | -130,191.00 | -147,113.00 | -146,976.00 | -152,748.00 | -170,399.00 | -138,151.00 | -139,792.00 | -162,650.00 | -177,915.00 | -127,137.00 | -128,463.00 | -115,857.00 | 193.00 | 176.00 |
| Liabilities | 462,151.00 | 452,534.00 | 477,289.00 | 495,991.00 | 308,658.00 | 294,693.00 | 342,177.00 | 341,851.00 | 406,682.00 | 395,642.00 | 435,440.00 | 289,019.00 | 145,054.00 | 135,070.00 | 169,966.00 | 179,028.00 | 279,345.00 | 205,941.00 |
| Current Liabilities | 79,159.00 | 76,481.00 | 72,036.00 | 84,880.00 | 100,881.00 | 93,144.00 | 151,666.00 | 138,875.00 | 148,958.00 | 104,120.00 | 115,024.00 | 63,963.00 | 55,306.00 | 50,540.00 | 57,000.00 | 33,715.00 | 16,819.00 | 28,778.00 |
| Payables and Expenses | 56,849.00 | 57,043.00 | 51,674.00 | 63,196.00 | 54,377.00 | 63,320.00 | 61,272.00 | 46,437.00 | 137,531.00 | 91,042.00 | 100,967.00 | 38,886.00 | 32,624.00 | 29,200.00 | 36,188.00 | 24,084.00 | 11,647.00 | 23,171.00 |
| Account Payables | 19,147.00 | 19,667.00 | 18,474.00 | 28,326.00 | 26,021.00 | 26,525.00 | 18,955.00 | 18,405.00 | 19,617.00 | 16,997.00 | 16,925.00 | 14,186.00 | 8,473.00 | 7,608.00 | 6,770.00 | 5,441.00 | 5,365.00 | 19,320.00 |
| Current Accrued Liabilities | 37,702.00 | 37,376.00 | 33,200.00 | 34,870.00 | 28,356.00 | 36,795.00 | 42,317.00 | 28,032.00 | 117,914.00 | 74,045.00 | 84,042.00 | 24,700.00 | 24,151.00 | 21,592.00 | 29,418.00 | 18,643.00 | 6,282.00 | 3,851.00 |
| Short-Term Debt | 14,388.00 | 14,227.00 | 11,989.00 | 12,220.00 | 19,081.00 | 12,586.00 | 13,184.00 | 4,106.00 | 4,910.00 | 3,659.00 | 4,660.00 | 15,700.00 | 13,082.00 | 13,204.00 | 12,262.00 | 2,275.00 | 2,296.00 | 2,294.00 |
| Other Current Liabilities | 7,922.00 | 5,211.00 | 8,373.00 | 9,464.00 | 27,423.00 | 17,238.00 | 77,210.00 | 88,332.00 | 6,517.00 | 9,419.00 | 9,397.00 | 9,377.00 | 9,600.00 | 8,136.00 | 8,550.00 | 7,356.00 | 2,876.00 | 3,313.00 |
| Non-Current Liabilities | 382,992.00 | 376,053.00 | 405,253.00 | 411,111.00 | 207,777.00 | 201,549.00 | 190,511.00 | 202,976.00 | 257,724.00 | 291,522.00 | 320,416.00 | 225,056.00 | 89,748.00 | 84,530.00 | 112,966.00 | 145,313.00 | 262,526.00 | 177,163.00 |
| Long-Term Debt | 352,842.00 | 351,517.00 | 380,592.00 | 383,375.00 | 173,078.00 | 168,656.00 | 168,254.00 | 167,585.00 | 167,339.00 | 165,674.00 | 165,750.00 | 165,814.00 | 12,049.00 | 13,520.00 | 15,833.00 | 5,618.00 | 0 | 0 |
| Other Non-Current Liabilities | 30,150.00 | 24,536.00 | 24,661.00 | 27,736.00 | 34,699.00 | 32,893.00 | 22,257.00 | 35,391.00 | 90,385.00 | 125,848.00 | 154,666.00 | 59,242.00 | 77,699.00 | 71,010.00 | 97,133.00 | 139,695.00 | 0 | 0 |
| Equity | 392,914.00 | 415,096.00 | 431,733.00 | 445,395.00 | 488,803.00 | 502,633.00 | 461,471.00 | 477,025.00 | 412,842.00 | 385,199.00 | 358,137.00 | 314,332.00 | 276,349.00 | 311,297.00 | 317,260.00 | 291,857.00 | 79,347.00 | 180,021.00 |
| Shareholders Equity | 369,210.00 | 390,407.00 | 405,568.00 | 417,886.00 | 458,564.00 | 470,710.00 | 432,877.00 | 446,149.00 | 413,515.00 | 386,275.00 | 362,093.00 | 312,812.00 | 295,327.00 | 325,552.00 | 333,823.00 | 313,046.00 | 96,755.00 | 168,915.00 |
| Capital Stock | 22.00 | 22.00 | 21.00 | 21.00 | 20.00 | 20.00 | 19.00 | 18.00 | 17.00 | 16.00 | 16.00 | 15.00 | 16.00 | 15.00 | 14.00 | 14.00 | 12.00 | 12.00 |
| Share Premium | 985,427.00 | 963,886.00 | 956,888.00 | 936,564.00 | 928,552.00 | 896,220.00 | 836,286.00 | 813,742.00 | 780,627.00 | 725,461.00 | 692,090.00 | 568,564.00 | 544,997.00 | 527,807.00 | 523,972.00 | 514,891.00 | 271,738.00 | 264,421.00 |
| Retained Earnings | -605,917.00 | -567,628.00 | -528,590.00 | -494,044.00 | -461,462.00 | -411,780.00 | -392,620.00 | -361,441.00 | -346,786.00 | -329,689.00 | -316,562.00 | -243,816.00 | -231,425.00 | -193,818.00 | -189,583.00 | -200,416.00 | -175,056.00 | -95,407.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -10,322.00 | -5,873.00 | -22,751.00 | -24,655.00 | -8,546.00 | -13,750.00 | -10,808.00 | -6,170.00 | -20,343.00 | -9,513.00 | -13,451.00 | -11,951.00 | -18,261.00 | -8,452.00 | -580.00 | -1,443.00 | 61.00 | -111.00 |
| Minority Interest | 23,704.00 | 24,689.00 | 26,165.00 | 27,509.00 | 30,239.00 | 31,923.00 | 28,594.00 | 30,876.00 | -673.00 | -1,076.00 | -3,956.00 | 1,520.00 | -18,978.00 | -14,255.00 | -16,563.00 | -21,189.00 | -17,408.00 | 11,106.00 |
| Debt | 367,230.00 | 365,744.00 | 392,581.00 | 395,595.00 | 192,159.00 | 181,242.00 | 181,438.00 | 171,691.00 | 172,249.00 | 169,333.00 | 170,410.00 | 181,514.00 | 25,131.00 | 26,724.00 | 28,095.00 | 7,893.00 | 2,296.00 | 2,294.00 |
| Net Debt | 196,068.00 | 162,891.00 | 145,676.00 | 111,047.00 | 84,962.00 | 58,595.00 | 33,264.00 | 20,013.00 | 11,601.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 159,387.00 | 105,711.00 | 54,077.00 | -99,052.00 | 158,673.00 | 104,708.00 | 52,353.00 | -62,879.00 | 153,036.00 | 92,560.00 | 40,452.00 | -36,726.00 | 77,770.00 | 47,754.00 | 21,999.00 | 29,451.00 | 17,294.00 |
| Cost Of Revenue | 94,394.00 | 62,221.00 | 31,528.00 | -57,106.00 | 93,060.00 | 60,330.00 | 30,089.00 | -38,003.00 | 91,370.00 | 56,183.00 | 24,056.00 | -27,411.00 | 44,340.00 | 29,370.00 | 14,192.00 | 17,097.00 | 10,167.00 |
| Gross Profit | 64,993.00 | 43,490.00 | 22,549.00 | -41,946.00 | 65,613.00 | 44,378.00 | 22,264.00 | -24,876.00 | 61,666.00 | 36,377.00 | 16,396.00 | -9,315.00 | 33,430.00 | 18,384.00 | 7,807.00 | 12,354.00 | 7,127.00 |
| Operating Expenses | 185,261.00 | 125,416.00 | 61,482.00 | -143,978.00 | 201,797.00 | 130,659.00 | 71,911.00 | -117,992.00 | 175,518.00 | 114,083.00 | 53,377.00 | -78,998.00 | 123,598.00 | 82,693.00 | 42,141.00 | 60,221.00 | 33,736.00 |
| Selling, General and Administrative Expenses | 58,538.00 | 37,722.00 | 19,367.00 | -41,763.00 | 60,617.00 | 39,769.00 | 22,322.00 | -37,078.00 | 55,292.00 | 35,451.00 | 16,814.00 | -24,535.00 | 35,403.00 | 24,727.00 | 12,642.00 | 23,015.00 | 11,573.00 |
| Research and Development Expenses | 118,574.00 | 80,587.00 | 42,115.00 | -102,225.00 | 136,858.00 | 90,890.00 | 49,589.00 | -80,914.00 | 120,226.00 | 78,632.00 | 36,563.00 | -54,463.00 | 88,195.00 | 57,966.00 | 29,499.00 | 37,206.00 | 22,163.00 |
| Other Operating Expenses | 8,149.00 | 7,107.00 | 0.00 | 10.00 | 4,322.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -120,268.00 | -81,926.00 | -38,933.00 | 102,032.00 | -136,184.00 | -86,281.00 | -49,647.00 | 93,116.00 | -113,852.00 | -77,706.00 | -36,981.00 | 69,683.00 | -90,168.00 | -64,309.00 | -34,334.00 | -47,867.00 | -26,609.00 |
| Net Non-Operating Income | 1,043.00 | 3,758.00 | 1,818.00 | -45,407.00 | 25,028.00 | 30,035.00 | 14,315.00 | 75,003.00 | -3,068.00 | -21,187.00 | -48,691.00 | -105,732.00 | 52,473.00 | 71,183.00 | 47,381.00 | -36,911.00 | 50,028.00 |
| Interest Income | 19,539.00 | 13,536.00 | 6,783.00 | -5,993.00 | 9,799.00 | 6,625.00 | 3,415.00 | -9,378.00 | 12,681.00 | 8,581.00 | 4,567.00 | 2,324.00 | 1,311.00 | 533.00 | 91.00 | 1,211.00 | 1,170.00 |
| Interest Expense | 13,391.00 | 9,043.00 | 4,516.00 | -3,508.00 | 6,420.00 | 4,240.00 | 2,106.00 | -4,324.00 | 6,534.00 | 4,292.00 | 2,148.00 | 818.00 | 491.00 | 325.00 | 58.00 | 1,175.00 | 1,150.00 |
| Net Interest | 6,148.00 | 4,493.00 | 2,267.00 | -2,485.00 | 3,379.00 | 2,385.00 | 1,309.00 | -5,054.00 | 6,147.00 | 4,289.00 | 2,419.00 | 1,506.00 | 820.00 | 208.00 | 33.00 | 36.00 | 20.00 |
| EBT | -119,225.00 | -78,168.00 | -37,115.00 | 56,625.00 | -111,156.00 | -56,246.00 | -35,332.00 | 168,119.00 | -116,920.00 | -98,893.00 | -85,672.00 | -36,049.00 | -37,695.00 | 6,874.00 | 13,047.00 | -84,778.00 | 23,419.00 |
| Income Tax | 258.00 | 621.00 | 56.00 | -1,548.00 | 1,338.00 | 1,023.00 | 1,109.00 | -5,250.00 | 2,714.00 | 3,364.00 | 3,706.00 | -1,817.00 | 665.00 | 1,528.00 | 659.00 | 34.00 | 70.00 |
| Net Income Including Non-Controlling Interests | -104,263.00 | -68,379.00 | -31,921.00 | 42,795.00 | -90,224.00 | -45,455.00 | -28,135.00 | 125,059.00 | -91,734.00 | -76,217.00 | -63,526.00 | -21,782.00 | -24,986.00 | 4,796.00 | 7,960.00 | -40,558.00 | 10,579.00 |
| Net Income Non-Controlling Interests | -7,610.00 | -5,205.00 | -2,625.00 | 6,141.00 | -9,797.00 | -4,884.00 | -3,044.00 | 18,905.00 | -11,236.00 | -9,656.00 | -9,220.00 | -8,042.00 | -6,022.00 | 1,803.00 | 2,873.00 | -22,127.00 | 6,385.00 |
| Net Income | -111,873.00 | -73,584.00 | -34,546.00 | 48,936.00 | -100,021.00 | -50,339.00 | -31,179.00 | 143,964.00 | -102,970.00 | -85,873.00 | -72,746.00 | -29,824.00 | -31,008.00 | 6,599.00 | 10,833.00 | -62,685.00 | 16,964.00 |
| EBIT | -105,834.00 | -69,125.00 | -32,599.00 | 53,117.00 | -104,736.00 | -52,006.00 | -33,226.00 | 163,795.00 | -110,386.00 | -94,601.00 | -83,524.00 | -35,231.00 | -37,204.00 | 7,199.00 | 13,105.00 | -83,603.00 | 24,569.00 |
| Deprecation and Amortization | 32,822.00 | 21,752.00 | 10,520.00 | -21,502.00 | 33,376.00 | 20,814.00 | 10,373.00 | -17,723.00 | 28,392.00 | 17,356.00 | 6,560.00 | -13,260.00 | 12,633.00 | 11,484.00 | 5,904.00 | 2,397.00 | 1,248.00 |
| EBITDA | -73,012.00 | -47,373.00 | -22,079.00 | 31,615.00 | -71,360.00 | -31,192.00 | -22,853.00 | 146,072.00 | -81,994.00 | -77,245.00 | -76,964.00 | -48,491.00 | -24,571.00 | 18,683.00 | 19,009.00 | -81,206.00 | 25,817.00 |
| 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 |
| 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 |
| Average Shares Outstanding Basic | 195,286.71 | 193,234.27 | 191,463.85 | 196,682.26 | 171,449.44 | 167,384.30 | 164,602.61 | 172,305.41 | 140,198.90 | 136,760.94 | 131,490.22 | 133,079.03 | 116,272.46 | 114,102.31 | 111,189.34 | 58,791.25 | 39,712.25 |
| Average Shares Outstanding Diluted | 195,286.71 | 193,234.27 | 191,463.85 | 196,682.26 | 171,449.44 | 167,384.30 | 164,602.61 | 172,305.41 | 140,198.90 | 136,760.94 | 131,490.22 | 60,233.25 | 116,272.46 | 150,740.65 | 147,396.77 | 58,791.25 | 46,236.23 |
| 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -42,773.00 | -36,606.00 | -29,001.00 | 31,698.00 | -51,877.00 | -29,073.00 | -9,349.00 | 89,617.00 | -87,977.00 | -73,140.00 | -32,885.00 | 34,666.00 | -58,815.00 | -36,882.00 | -15,714.00 | -36,913.00 | -22,133.00 |
| Operating Net Income | -119,483.00 | -78,789.00 | -108,888.00 | -156,311.00 | -109,818.00 | -55,223.00 | -99,625.00 | 71,124.00 | -114,206.00 | -95,529.00 | -236,678.00 | -158,593.00 | -37,030.00 | 8,402.00 | 38,245.00 | -84,812.00 | 23,349.00 |
| Deprecation and Amortization | 32,822.00 | 21,752.00 | 10,520.00 | -21,502.00 | 33,376.00 | 20,814.00 | 10,373.00 | -17,723.00 | 28,392.00 | 17,356.00 | 6,560.00 | -13,260.00 | 12,633.00 | 11,484.00 | 5,904.00 | 2,397.00 | 1,248.00 |
| Deferred Income Tax | 0 | 0 | 0 | -5,366.00 | 0 | 0 | 0 | 11,965.00 | -8,731.00 | -3,716.00 | -3,716.00 | -3,534.00 | 1,532.00 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 50,598.00 | 32,226.00 | 17,232.00 | -51,199.00 | 55,360.00 | 37,502.00 | 25,577.00 | -28,035.00 | 36,571.00 | 23,779.00 | 11,395.00 | -22,557.00 | 30,845.00 | 21,182.00 | 12,415.00 | 14,185.00 | 7,968.00 |
| Change in Working Capital | -12,514.00 | -7,912.00 | 2,188.00 | 16,729.00 | 10,971.00 | 758.00 | -14,551.00 | -28,461.00 | 39,607.00 | 22,663.00 | 4,607.00 | 2,128.00 | 18,690.00 | 5,663.00 | 4,699.00 | 11,733.00 | 6,157.00 |
| Other Operating Activities | 5,804.00 | -3,883.00 | 49,947.00 | 249,347.00 | -41,766.00 | -32,924.00 | 68,877.00 | 80,747.00 | -69,610.00 | -37,693.00 | 184,947.00 | 230,482.00 | -85,485.00 | -83,613.00 | -76,977.00 | 19,584.00 | -60,855.00 |
| Investing Cash Flow | -30,227.00 | -8,392.00 | -2,378.00 | 12,163.00 | -16,726.00 | -9,179.00 | -5,517.00 | 202,448.00 | -103,569.00 | -104,993.00 | -101,628.00 | 16,761.00 | -13,213.00 | -10,551.00 | -9,270.00 | -2,452.00 | -852.00 |
| 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 |
| Net Purchase/Sale of PPE | 12,554.00 | 8,392.00 | 2,378.00 | -5,763.00 | 13,526.00 | 5,979.00 | 2,317.00 | -5,591.00 | 8,580.00 | 6,564.00 | 3,199.00 | 649.00 | 4,508.00 | 1,846.00 | 565.00 | 2,452.00 | 852.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 17,673.00 | 0 | 0 | -6,400.00 | 3,200.00 | 3,200.00 | 3,200.00 | -196,857.00 | 94,989.00 | 98,429.00 | 98,429.00 | -17,410.00 | 8,705.00 | 8,705.00 | 8,705.00 | 0 | 0 |
| Other Investing Activities | -60,454.00 | -16,784.00 | -4,756.00 | 24,326.00 | -33,452.00 | -18,358.00 | -11,034.00 | 404,896.00 | -207,138.00 | -209,986.00 | -203,256.00 | 33,522.00 | -26,426.00 | -21,102.00 | -18,540.00 | -4,904.00 | -1,704.00 |
| Financing Cash Flow | -35,926.00 | -34,008.00 | -4,740.00 | 172,442.00 | 23,454.00 | 6,558.00 | 6,880.00 | -47,419.00 | 34,195.00 | 35,725.00 | 21,066.00 | 198,695.00 | 2,531.00 | -7,847.00 | -720.00 | 344,339.00 | 358,468.00 |
| Net Issuance/Repayment of Debt | 6,383.00 | 905.00 | 2,909.00 | 194,737.00 | 19,242.00 | 12,114.00 | 12,233.00 | -24,993.00 | 14,231.00 | 12,169.00 | 12,572.00 | 158,395.00 | 2,463.00 | 2,109.00 | 698.00 | 15,163.00 | 15,163.00 |
| Net Issuance/Repurchase of Equity | 4.00 | 1.00 | 1.00 | -49.00 | 53.00 | 25.00 | 24.00 | -50.00 | 31.00 | 31.00 | 19.00 | 49,144.00 | 100.00 | 72.00 | 52.00 | 900.00 | 900.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -42,313.00 | -34,914.00 | -7,650.00 | -22,246.00 | 4,159.00 | -5,581.00 | -5,377.00 | -22,376.00 | 19,933.00 | 23,525.00 | 8,475.00 | -8,844.00 | -32.00 | -10,028.00 | -1,470.00 | 328,276.00 | 342,405.00 |
| Net Change in Cash | -113,386.00 | -81,695.00 | -37,643.00 | 209,886.00 | -44,481.00 | -29,031.00 | -3,504.00 | 246,730.00 | -161,231.00 | -141,219.00 | -114,481.00 | 252,542.00 | -68,693.00 | -55,332.00 | -26,102.00 | 305,167.00 | 335,510.00 |
| Cash at Beginning of Period | 284,548.00 | 284,548.00 | 284,548.00 | 74,662.00 | 151,678.00 | 151,678.00 | 151,678.00 | -95,052.00 | 321,879.00 | 321,879.00 | 321,879.00 | 69,337.00 | 219,464.00 | 219,464.00 | 219,464.00 | 18,698.00 | 18,698.00 |
| Cash at End of Period | 171,162.00 | 202,853.00 | 246,905.00 | 284,548.00 | 107,197.00 | 122,647.00 | 148,174.00 | 151,678.00 | 160,648.00 | 180,660.00 | 207,398.00 | 321,879.00 | 150,771.00 | 164,132.00 | 193,362.00 | 323,865.00 | 354,208.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |