Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -0.46 -1.00 -16.00 -41.30 -127.95
Price to Sales 228.75 163.20 435.35 2505.44 2675.06
Book Value Per Common Share 1.90 5.15 0.88 1.84 2.47
Price to Book 0.96 1.19 21.31 32.57 43.03
Price to Operating Cash Flow -0.48 -1.09 -20.66 -57.97 -111.50
Price to Free Cash Flow
Enterprise Value to EBITDA
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 -1.10 -1.82 -3.20 -1.73 -3.26 -10.60 -11.11 -18.48 -61.50 -21.56 -25.01 -119.67 -90.44 -168.55
Price to Sales 1462.50 1197.06 958.82 1482.05 2020.00 1667.14 4121.54 24600.00 479.17 4827.91 47866.67 19093.33 35883.87 61866.67
Book Value Per Common Share -0.29 0.78 1.40 1.90 2.82 3.73 4.04 5.15 0.51 0.63 0.76 0.88 1.07 1.20 1.57 1.84 2.16 2.42 2.78 2.47
Price to Book -8.12 2.62 1.17 0.96 2.05 2.17 3.43 1.19 9.11 8.48 12.98 21.31 19.36 17.26 27.48 32.57 39.85 45.97 40.08 43.03
Price to Operating Cash Flow -1.41 -1.65 -2.34 -1.80 -3.58 -11.24 -12.56 -20.30 -69.34 -27.00 -41.95 -152.44 -100.25 -174.49 -440.86
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -73.83 -91.89 105.25 -32.53
EBITDA YoY
Net Profit YoY
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
Revenue YoY 0.00 0.00 314.72 0.00 113.94 196.45 930.80 394.02 -93.47 45.30 73.51
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 3.46 6.55 1.06 1.92 2.20
Quick Ratio 2.74 3.47 2.63 6.19 10.31
Current Ratio 2.77 3.60 3.25 6.82 11.30
Debt to Equity 0.65 0.46 0.57 0.24 0.17
Long-Term Debt to Equity 0.14 0.09 0.13 0.08 0.08
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 1.21 1.23 1.77 2.61 3.23 4.37 4.53 6.37 0.63 0.75 0.87 1.00 1.20 1.53 1.65 1.85 1.90 2.15 2.48 2.20
Quick Ratio 0.79 1.65 2.68 2.74 3.77 4.32 4.73 3.47 3.93 3.95 4.06 2.63 3.00 2.69 6.14 6.19 7.78 8.83 12.72 10.31
Current Ratio 0.79 1.66 2.63 2.77 3.88 4.45 4.77 3.60 4.00 3.91 4.24 3.25 3.69 3.18 6.74 6.82 9.49 10.48 14.17 11.30
Debt to Equity -9.99 1.39 0.70 0.65 0.46 0.38 0.37 0.46 0.40 0.38 0.34 0.57 0.47 0.54 0.25 0.24 0.18 0.16 0.13 0.17
Long-Term Debt to Equity -0.94 0.28 0.17 0.14 0.14 0.11 0.12 0.09 0.08 0.07 0.06 0.13 0.11 0.10 0.09 0.08 0.07 0.06 0.05 0.08

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -94.75 -79.04 -80.28 -61.23 -30.83
ROE -156.57 -115.14 -125.84 -75.98 -36.09
Gross Margin
Operating Margin -49009.19 -15948.67 -2680.20 -5986.76 -1962.36
EBITDA Margin -47571.79 -15527.58 -2626.64 -5915.55 -1913.97
Net Profit Margin -49254.27 -16239.87 -2726.67 -6073.17 -2245.39
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 -127.85 -63.33 -22.57 -82.08 -46.87 -23.60 -57.03 -32.69 -15.25 -57.49 -40.83 -17.75 -36.72 -23.07 -8.31
ROE 1149.11 -151.46 -38.43 -119.49 -64.82 -32.26 -79.70 -44.98 -20.40 -84.50 -63.01 -22.27 -43.37 -26.85 -9.35
Gross Margin
Operating Margin -14925.47 -22071.22 -34802.46 -2183.05 -18724.72 -38318.42 -20667.14 -20832.20 -14262.96
EBITDA Margin -14469.14 -21397.87 -33800.61 -2142.14 -18441.46 -37627.35 -20401.16 -20579.32 -14048.08
Net Profit Margin -135761.72 -66134.26 -30140.48 -87002.42 -62086.11 -15097.33 -22346.94 -35347.23 -2222.96 -19072.39 -39720.77 -21024.17 -21204.00 -14658.91

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 113,197.21 170,951.42 348,533.30 495,941.49 539,772.47
   Current Assets 97,830.05 153,113.10 315,242.68 448,444.95 471,170.69
      Cash and Short-Term Investments 94,100.00 145,300.00 253,000.00 401,300.00 411,600.00
            Cash and Cash Equivalents 65,813.30 14,310.86 46,329.36 71,143.78 250,728.12
            Short-Term Investments 28,300.23 130,982.91 206,669.40 330,170.94 174,296.03
      Net Receivables 2,799.06 2,405.23 1,701.73 5,466.85 18,559.97
      Inventory 0 0 0 0 0
      Other Current Assets 930.99 5,407.87 60,540.95 41,678.10 41,010.72
   Non-Current Assets 15,367.16 17,838.32 33,290.62 47,496.55 68,601.78
      Property, Plant, Equipment Net 11,773.66 14,452.72 17,956.20 29,024.23 24,089.44
      Goodwill 0 0 10,513.37 10,513.37 10,513.37
      Intangible Assets 0 0 2,129.86 2,626.36 3,146.77
      Long-Term Investments 0 0 0 0 1,302.77
      Non-Current Deferred Assets 0 22.00 538.00 987.00 1,628.00
      Other Non-Current Assets 3,593.50 3,363.60 2,153.19 4,345.59 27,921.43
Liabilities 44,693.41 53,602.29 126,170.55 96,272.07 78,631.71
   Current Liabilities 35,325.58 42,570.23 96,868.07 65,741.63 41,705.95
      Payables and Expenses 17,551.18 20,918.26 79,686.88 47,644.53 21,203.81
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 12,574.92 16,112.91 13,127.26
      Short-Term Debt 2,497.36 19,177.18 2,803.97 2,603.96 2,329.39
      Other Current Liabilities 15,277.05 2,474.79 14,377.22 15,493.15 18,172.75
   Non-Current Liabilities 9,367.83 11,032.07 29,302.47 30,530.44 36,925.76
      Long-Term Debt 9,367.83 11,032.07 12,655.59 15,459.56 18,063.51
      Other Non-Current Liabilities 0.00 0.00 16,646.89 15,070.88 18,862.24
Equity 68,503.79 117,349.13 222,362.76 399,669.42 461,140.76
   Shareholders Equity 68,503.79 117,349.13 222,362.76 399,669.42 461,140.76
      Capital Stock 36.10 22.79 253.09 217.38 186.85
      Share Premium 1,799,362.62 1,740,954.07 1,710,656.19 1,609,589.80 1,367,406.87
      Retained Earnings -1,730,219.26 -1,622,965.14 -1,487,847.78 -1,209,855.52 -906,196.81
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -675.67 -662.60 -698.74 -282.24 -256.15
   Minority Interest 0 0 0 0 0
Investments 29,914.08 133,763.20 208,676.54 334,077.74 175,598.81
Debt 11,865.19 30,209.24 32,074.40 33,023.16 39,048.73
Common Shares Outstanding 36,099.99 22,793.08 253,091.32 217,382.89 186,851.49
Preferred Shares Outstanding 0.01 0.01 0.01 0.01 0.01
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 217.76 832.01 10,262.27 5,000.00 7,411.22
Operating Expenses 112,616.68 144,772.04 277,835.79 302,992.68 131,493.26
   Selling, General and Administrative Expenses 36,996.34 47,582.10 90,185.29 53,752.35 37,247.83
   Research and Development Expenses 152,740.68 88,476.56 187,650.50 249,240.32 94,245.44
   Other Operating Expenses -77,120.34 8,713.37 0.00 0.00 0.00
Operating Income -112,398.92 -143,940.03 -267,573.52 -301,217.92 -124,082.04
Net Non-Operating Income 5,144.80 8,822.68 -10,079.33 -2,006.40 -38,808.26
Interest Income 5,300.66 2,422.79 2,603.95 3,886.45 17,455.45
Interest Expense 533.67 2,422.79 2,603.95 3,886.45 17,455.45
Net Interest 4,766.99 2,422.79 2,603.95 3,886.45 17,455.45
EBT -107,254.13 -135,117.35 -277,652.85 -303,224.32 -162,890.30
Income Tax 0.00 0.00 0.00 0.00 0.00
Equity Method Investments Income 0 0 -2,165.21 -434.39 -4,584.61
Net Income Including Non-Controlling Interests 0 0 -279,818.07 -607,317.42 -165,347.40
Net Income Non-Controlling Interests 0 0 0.00 303,658.71 -1,063.76
Net Income -107,254.13 -135,117.35 -279,818.07 -303,658.71 -166,411.16
EBIT -106,720.46 -132,694.56 -275,048.90 -299,337.88 -145,434.85
Deprecation and Amortization 3,130.04 3,503.54 5,496.03 3,560.51 3,586.08
EBITDA -103,590.42 -129,191.02 -269,552.87 -295,777.36 -141,848.78
EPS -0.00 -0.01 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.01 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 27,160.86 22,173.66 238,622.19 208,829.80 0
Average Shares Outstanding Diluted 27,160.86 22,173.66 238,622.19 208,829.80 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -104,076.55 -124,365.55 -216,215.42 -215,708.52 -177,979.05
   Operating Net Income -321,762.38 -135,117.35 -279,818.07 -607,317.42 -334,949.83
   Deprecation and Amortization 3,130.04 3,503.54 5,496.03 3,560.51 3,586.08
   Deferred Income Tax 0 -32.05 0 0 0
   Share Based Compensation 6,595.11 11,072.49 22,555.42 76,336.76 44,647.52
   Change in Working Capital -6,095.55 -94,421.39 40,806.71 -3,316.21 158,025.56
   Other Operating Activities 214,056.23 90,629.21 -5,255.51 315,027.83 -49,288.38
Investing Cash Flow 104,071.04 87,355.88 109,585.86 -175,344.48 -58,795.75
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 547.15 6,540.16 969.15 1,231.01 1,520.66
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 2,000.00 0 4,174.85
   Other Investing Activities 103,523.89 80,815.71 106,616.71 -176,575.49 -64,491.27
Financing Cash Flow 51,475.55 4,995.10 81,840.70 211,498.80 465,279.61
   Net Issuance/Repayment of Debt 16,415.00 0 0 0 171.62
   Net Issuance/Repurchase of Equity 119,064.94 10,961.75 165,955.31 419,241.41 908,986.40
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -84,004.40 -5,966.65 -84,114.61 -207,742.61 -443,878.41
Net Change in Cash 51,502.43 -32,018.50 -24,814.42 -179,584.34 228,532.02
   Cash at Beginning of Period 14,310.86 46,329.36 71,143.78 250,728.12 22,196.10
   Cash at End of Period 65,813.30 14,310.86 46,329.36 71,143.78 250,728.12
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 69,385.66 68,240.50 87,272.66 113,197.21 107,059.67 133,797.20 129,114.16 170,951.42 193,097.20 233,037.96 266,582.72 348,533.30 391,967.99 459,398.99 445,511.09 495,941.49 535,762.51 591,842.17 654,863.35 539,772.47
   Current Assets 55,180.31 52,697.15 71,894.45 97,830.05 91,284.62 117,561.04 111,683.04 153,113.10 174,767.20 203,284.49 233,896.43 315,242.68 350,208.01 416,185.43 399,906.89 448,444.95 487,396.97 542,424.62 588,434.84 471,170.69
      Cash and Short-Term Investments 50,800.00 47,500.00 68,400.00 94,100.00 84,800.00 110,400.00 105,600.00 145,300.00 167,500.00 194,900.00 223,800.00 253,000.00 281,900.00 348,100.00 360,400.00 401,300.00 394,900.00 443,700.00 518,600.00 411,600.00
            Cash and Cash Equivalents 36,567.42 24,351.38 39,915.45 65,813.30 21,687.48 34,392.40 19,601.83 14,310.86 18,804.60 52,712.54 28,238.15 46,329.36 21,988.24 41,101.86 59,009.49 71,143.78 67,941.34 58,925.30 83,634.18 250,728.12
            Short-Term Investments 14,235.77 23,198.08 28,447.10 28,300.23 63,117.29 76,029.12 86,013.04 130,982.91 148,668.87 142,212.91 195,513.01 206,669.40 259,894.90 307,023.46 301,384.36 330,170.94 326,999.24 384,752.38 445,859.20 174,296.03
      Net Receivables 4,457.59 4,776.31 4,910.24 2,799.06 3,762.74 3,573.66 5,051.08 2,405.23 4,302.93 10,175.23 73.30 1,701.73 2,442.87 4,482.64 4,003.68 5,466.85 4,770.77 13,128.33 9,911.92 18,559.97
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -77.28 420.84 -1,415.79 930.99 2,721.88 3,587.38 1,031.95 5,407.87 2,964.26 -1,790.74 10,023.12 60,540.95 65,865.15 63,602.79 35,503.21 41,678.10 87,726.20 85,596.29 59,922.91 41,010.72
   Non-Current Assets 14,205.34 15,543.35 15,378.21 15,367.16 15,775.05 16,236.16 17,431.13 17,838.32 18,330.00 29,753.47 32,686.29 33,290.62 41,759.97 43,213.56 45,604.19 47,496.55 48,365.54 49,417.54 66,428.51 68,601.78
      Property, Plant, Equipment Net 9,697.14 10,445.53 11,089.58 11,773.66 12,564.41 13,330.27 14,171.55 14,452.72 14,729.79 15,792.69 16,848.85 17,956.20 26,165.18 27,125.96 27,948.38 29,024.23 29,457.25 30,284.70 23,393.32 24,089.44
      Goodwill 0 0 0 0 0 0 0 0 0 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37 10,513.37
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 2,047.78 2,129.86 2,249.44 2,369.03 2,499.59 2,626.36 2,753.13 2,879.90 3,010.00 3,146.77
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,302.77
      Non-Current Deferred Assets 0 0 0 0 0 0 0 22.00 0 0 0 538.00 0 0 0 987.00 0 0 0 1,628.00
      Other Non-Current Assets 4,508.21 5,097.82 4,288.63 3,593.50 3,210.64 2,905.89 3,259.58 3,363.60 3,600.22 3,447.42 3,276.30 2,153.19 2,831.98 3,205.20 4,642.86 4,345.59 5,641.79 5,739.57 29,511.83 27,921.43
Liabilities 77,105.63 39,709.60 36,021.93 44,693.41 33,519.36 37,058.00 34,672.20 53,602.29 54,937.49 63,666.39 67,369.04 126,170.55 125,270.87 161,727.88 90,426.09 96,272.07 82,190.13 83,288.40 73,257.20 78,631.71
   Current Liabilities 69,823.90 31,707.61 27,326.88 35,325.58 23,499.14 26,399.77 23,400.94 42,570.23 43,711.03 51,932.30 55,151.08 96,868.07 94,914.74 131,064.05 59,359.66 65,741.63 51,375.79 51,749.00 41,539.45 41,705.95
      Payables and Expenses 16,083.24 16,489.06 13,859.42 17,551.18 18,377.46 20,456.22 19,701.00 20,918.26 16,977.46 24,651.53 24,752.17 79,686.88 74,147.79 105,015.34 38,115.40 47,644.53 28,654.86 30,095.58 25,974.53 21,203.81
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 7,607.67 12,574.92 13,950.83 15,142.18 0 16,112.91 0 0 0 13,127.26
      Short-Term Debt 2,738.49 2,656.24 2,575.90 2,497.36 2,425.11 2,321.98 2,155.54 19,177.18 18,606.30 19,059.78 18,974.79 2,803.97 2,820.86 2,737.63 2,672.97 2,603.96 2,536.40 2,463.88 2,395.93 2,329.39
      Other Current Liabilities 51,002.17 12,562.31 10,891.55 15,277.05 2,696.57 3,621.57 1,544.40 2,474.79 8,127.26 8,221.00 11,424.12 14,377.22 17,946.09 23,311.08 18,571.29 15,493.15 20,184.53 19,189.54 13,168.99 18,172.75
   Non-Current Liabilities 7,281.74 8,001.99 8,695.06 9,367.83 10,020.23 10,658.23 11,271.26 11,032.07 11,226.46 11,734.09 12,217.97 29,302.47 30,356.13 30,663.83 31,066.43 30,530.44 30,814.34 31,539.40 31,717.75 36,925.76
      Long-Term Debt 7,281.74 8,001.99 8,695.06 9,367.83 10,020.23 10,658.23 11,271.26 11,032.07 11,194.41 11,702.04 12,185.92 12,655.59 13,312.38 14,053.49 14,765.87 15,459.56 16,133.25 16,797.48 17,438.84 18,063.51
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 32.05 32.05 32.05 16,646.89 17,043.75 16,610.33 16,300.56 15,070.88 14,681.10 14,741.92 14,278.91 18,862.24
Equity -7,719.98 28,530.90 51,250.72 68,503.79 73,540.31 96,739.21 94,441.96 117,349.13 138,159.71 169,371.57 199,213.68 222,362.76 266,697.12 297,671.11 355,085.00 399,669.42 453,572.38 508,553.77 581,606.15 461,140.76
   Shareholders Equity -15,439.95 28,530.90 51,250.72 68,503.79 73,540.31 96,739.21 94,441.96 117,349.13 138,159.71 169,371.57 199,213.68 222,362.76 266,697.12 297,671.11 355,085.00 399,669.42 453,572.38 508,553.77 581,606.15 461,140.76
      Capital Stock 53.57 36.72 36.67 36.10 26.05 25.96 23.37 22.79 269.73 268.07 262.74 253.09 249.48 247.50 226.51 217.38 210.36 210.15 209.33 186.85
      Share Premium 1,811,803.85 1,802,589.30 1,801,789.33 1,799,362.62 1,784,975.30 1,783,074.89 1,748,529.81 1,740,954.07 1,736,602.55 1,733,826.39 1,728,030.84 1,710,656.19 1,700,717.49 1,693,674.02 1,642,419.82 1,609,589.80 1,556,527.89 1,551,348.44 1,542,261.47 1,367,406.87
      Retained Earnings -1,818,930.04 -1,773,433.37 -1,749,913.96 -1,730,219.26 -1,710,837.58 -1,685,672.10 -1,653,435.01 -1,622,965.14 -1,597,961.50 -1,564,031.63 -1,528,497.10 -1,487,847.78 -1,433,384.65 -1,395,600.75 -1,287,103.44 -1,209,855.52 -1,102,907.94 -1,042,738.90 -960,598.94 -906,196.81
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -647.36 -661.74 -661.32 -675.67 -623.46 -689.54 -676.21 -662.60 -751.07 -691.26 -582.80 -698.74 -885.21 -649.66 -457.89 -282.24 -257.93 -265.91 -265.71 -256.15
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 16,731.50 26,283.43 30,756.07 29,914.08 65,761.51 78,349.09 88,667.31 133,763.20 151,663.77 144,993.43 198,136.79 208,676.54 262,024.89 309,458.51 304,753.42 334,077.74 330,885.95 388,661.09 445,859.20 175,598.81
Debt 10,020.23 10,658.23 11,270.96 11,865.19 12,445.34 12,980.21 13,426.80 30,209.24 29,800.71 30,761.82 31,160.71 32,074.40 32,434.60 33,312.48 33,646.71 33,023.16 33,148.98 33,797.80 33,904.49 39,048.73
Common Shares Outstanding 53,571.68 36,718.53 36,674.36 36,099.99 26,052.45 25,963.54 23,371.25 22,793.08 269,731.48 268,073.20 262,739.13 253,091.32 249,485.26 247,504.55 226,510.72 217,382.89 210,362.83 210,146.88 209,334.04 186,851.49
Preferred Shares Outstanding 0 0 0 0.01 0 0 0 0.01 0 0 0 0.01 0 0 0 0.01 0 0 0 0.01
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 65.34 65.34 65.34 15.76 101.00 101.00 0.00 -353.26 729.36 340.91 115.00 -1,057.88 10,137.60 983.47 199.07 3,049.29 935.64 643.95 371.12
Operating Expenses 69,410.85 48,200.39 25,115.87 -75,781.06 92,130.12 64,782.64 31,484.97 -97,904.92 117,275.65 81,334.19 44,067.12 -192,715.04 221,764.97 176,853.79 71,932.07 -82,978.53 196,645.22 136,400.37 52,925.61
   Selling, General and Administrative Expenses 25,465.21 17,588.08 9,024.97 -23,751.41 29,395.23 20,781.34 10,571.18 -31,060.98 37,338.76 27,413.71 13,890.61 -66,412.81 76,234.34 64,410.29 15,953.46 -26,380.09 39,703.72 26,547.53 13,881.19
   Research and Development Expenses 88,026.28 61,296.62 16,090.90 22,315.69 64,034.89 45,001.31 21,388.79 -67,275.94 70,723.51 54,852.48 30,176.51 -126,302.23 145,530.63 112,443.50 55,978.61 -56,598.43 156,941.51 109,852.84 39,044.42
   Other Operating Expenses -44,080.64 -30,684.31 0.00 -74,345.34 -1,300.00 -1,000.00 -475.00 432.00 9,213.37 -932.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -69,345.50 -48,135.05 -25,050.53 75,797.29 -92,029.36 -64,681.88 -31,484.97 97,551.71 -116,546.29 -80,993.27 -43,952.18 191,657.16 -211,627.36 -175,870.32 -71,732.99 82,802.58 -195,709.58 -135,756.43 -52,554.49
Net Non-Operating Income 0 0 0 5,144.80 0 0 0 -5,722.18 6,432.57 4,809.43 3,302.86 16,194.02 -11,562.35 -9,535.50 -5,175.51 325.29 -567.16 -351.28 -1,413.25
Interest Income 0 0 0 496.75 4,092.24 355.83 355.83 -397.14 1,253.46 939.98 626.49 -1,156.98 1,880.46 1,253.98 626.49 -2,014.48 2,906.13 1,959.76 1,035.03
Interest Expense 0.00 0.00 0.00 -355.83 177.83 355.83 355.83 -397.14 1,253.46 939.98 626.49 -1,156.98 1,880.46 1,253.98 626.49 -2,014.48 2,906.13 1,959.76 1,035.03
Net Interest 1,970.82 1,418.71 808.08 140.92 3,914.41 355.83 355.83 -397.14 1,253.46 939.98 626.49 -1,156.98 1,880.46 1,253.98 626.49 -2,014.48 2,906.13 1,959.76 1,035.03
EBT 0 0 0 -107,254.13 0 0 0 91,829.53 -110,113.71 -76,183.85 -40,649.32 207,851.18 -223,189.71 -185,405.82 -76,908.51 83,127.87 -196,276.74 -136,107.70 -53,967.74
Income Tax 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
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0 6,964.43 -2,165.21 -2,165.21 -4,799.21 1,302.77 -434.39 -434.39 -868.39
Net Income Including Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 -279,818.07 0 0 0 -219,662.07 -196,711.13 -136,542.09 -54,402.13
Net Income Non-Controlling Interests 0 0 0 0 0 0 0 0 0 0 0 0.00 0 0 0 303,658.71 0.00 0.00 0.00
Net Income -88,710.78 -43,214.11 -19,694.70 73,795.16 -87,872.45 -62,706.97 -30,469.87 91,829.53 -110,113.71 -76,183.85 -40,649.32 212,181.61 -225,354.93 -187,571.03 -79,073.72 83,996.64 -196,711.13 -136,542.09 -54,402.13
EBIT 0 0 0 -106,720.46 0 0 0 91,432.39 -108,860.25 -75,243.87 -40,022.83 206,694.21 -221,309.25 -184,151.84 -76,282.02 81,113.38 -193,370.61 -134,147.94 -52,932.71
Deprecation and Amortization 2,234.78 1,485.12 743.45 -1,572.26 2,354.21 1,588.36 759.73 -3,272.43 3,328.31 2,295.53 1,152.12 -2,813.03 4,147.53 2,785.79 1,375.74 -1,353.96 2,488.54 1,628.47 797.47
EBITDA 0 0 0 -103,590.42 0 0 0 88,159.96 -105,531.94 -72,948.34 -38,870.70 203,881.17 -217,161.72 -181,366.05 -74,906.28 79,759.42 -190,882.07 -132,519.47 -52,135.24
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
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
Average Shares Outstanding Basic 41,837.96 38,722.45 38,613.65 33,890.30 26,216.98 25,244.66 23,291.51 -694,997.26 263,842.07 261,412.12 258,437.71 273,758.72 234,634.72 227,154.62 218,940.69 421,856.02 207,455.68 206,007.50 0
Average Shares Outstanding Diluted 41,837.96 38,722.45 38,613.65 33,890.30 26,216.98 25,244.66 23,291.51 -694,997.26 263,842.07 261,412.12 258,437.71 273,758.72 234,634.72 227,154.62 218,940.69 421,856.02 207,455.68 206,007.50 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
Operating Cash Flow -69,258.88 -47,685.39 -26,874.03 66,065.35 -84,412.64 -56,969.31 -28,759.96 79,367.83 -98,089.77 -68,979.13 -36,664.48 137,952.14 -179,875.39 -112,410.07 -61,882.10 146,302.92 -177,817.36 -131,326.66 -52,867.43
   Operating Net Income -88,710.78 -43,214.11 -59,084.09 -140,713.09 -87,872.45 -62,706.97 -30,469.87 91,829.53 -110,113.71 -76,183.85 -40,649.32 212,181.61 -225,354.93 -187,571.03 -79,073.72 -219,662.07 -196,711.13 -136,542.09 -54,402.13
   Deprecation and Amortization 2,234.78 1,485.12 743.45 -1,572.26 2,354.21 1,588.36 759.73 -3,272.43 3,328.31 2,295.53 1,152.12 -2,813.03 4,147.53 2,785.79 1,375.74 -1,353.96 2,488.54 1,628.47 797.47
   Deferred Income Tax 0 0 0 0 0 0 0 -32.05 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 6,010.23 4,519.14 2,850.35 -17,118.15 10,591.34 8,093.49 5,028.43 -27,674.71 17,625.19 13,493.00 7,629.00 -65,399.04 39,481.11 33,012.20 15,461.15 -15,030.25 41,662.76 30,479.31 19,224.95
   Change in Working Capital -1,154.51 -33.81 -4,346.37 7,596.27 -5,719.18 -3,061.24 -4,911.40 183,762.30 -99,599.79 -91,786.84 -86,797.06 -78,106.76 48,404.20 87,303.80 -16,794.53 -75,046.76 23,839.41 32,689.20 15,201.94
   Other Operating Activities 12,361.41 -10,441.72 32,962.63 217,872.59 -3,766.58 -882.93 833.15 -165,244.81 90,670.24 83,203.02 82,000.77 72,089.38 -46,553.30 -47,940.84 17,149.26 457,395.96 -49,096.94 -59,581.54 -33,689.65
Investing Cash Flow 14,097.55 5,230.31 -51.75 -66,087.26 69,426.71 55,348.95 45,382.64 -71,963.04 67,412.60 72,906.43 18,999.89 21,640.12 55,585.05 11,028.33 21,332.35 493,430.22 -168,850.49 -224,808.88 -275,115.34
   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 158.25 90.30 59.37 -464.09 487.83 487.83 35.58 -12,611.62 6,391.90 6,391.90 6,367.98 -552.10 804.04 717.21 0 14.10 587.35 418.73 210.82
   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 0 0 0 0 0 0 0 0 0 0 0 -4,000.00 2,000.00 2,000.00 2,000.00 0 0 0 0
   Other Investing Activities 13,939.29 5,140.01 -111.13 -65,623.17 68,938.88 54,861.12 45,347.06 -59,351.43 61,020.70 66,514.53 12,631.91 26,192.22 52,781.01 8,311.12 19,332.35 493,416.12 -169,437.84 -225,227.61 -275,326.16
Financing Cash Flow 25,915.46 993.15 1,027.93 18,840.02 22,330.14 21,669.50 -11,364.11 -195.20 3,156.82 2,458.18 -424.70 -93,115.18 75,172.71 71,361.16 28,422.02 -277,652.99 163,903.88 164,344.66 160,903.24
   Net Issuance/Repayment of Debt 0 0 0 -32,830.00 16,415.00 16,415.00 16,415.00 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 27,126.24 2,202.15 2,202.15 35,508.00 39,832.94 38,498.87 5,225.13 -2,076.90 7,223.46 5,815.18 0 -600,974.27 238,670.34 307,310.89 220,948.35 -82,271.67 168,515.23 168,259.82 164,738.03
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -1,210.78 -1,209.00 -1,174.22 16,162.02 -33,917.79 -33,244.38 -33,004.25 1,881.70 -4,066.65 -3,357.00 -424.70 507,859.09 -163,497.63 -235,949.73 -192,526.33 -195,381.31 -4,611.35 -3,915.16 -3,834.78
Net Change in Cash -29,245.88 -41,461.92 -25,897.85 18,753.31 7,376.62 20,081.54 5,290.97 7,214.28 -27,524.76 6,383.18 -18,091.21 66,517.33 -49,155.54 -30,041.92 -12,134.29 362,099.20 -182,786.78 -191,802.82 -167,093.94
   Cash at Beginning of Period 65,813.30 65,813.30 65,813.30 47,059.99 14,310.86 14,310.86 14,310.86 7,096.58 46,329.36 46,329.36 46,329.36 -20,187.97 71,143.78 71,143.78 71,143.78 -290,955.42 250,728.12 250,728.12 250,728.12
   Cash at End of Period 36,567.42 24,351.38 39,915.45 65,813.30 21,687.48 34,392.40 19,601.83 14,310.86 18,804.60 52,712.54 28,238.15 46,329.36 21,988.24 41,101.86 59,009.49 71,143.78 67,941.34 58,925.30 83,634.18
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0