Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 4.25 4.01 4.72 -4.22
Price to Sales 1.86 2.08 2.11 2.07 1.08
Book Value Per Common Share 37.41 30.57 23.08 68.23
Price to Book 0.96 1.21 0.64 0.24
Price to Operating Cash Flow 3.24 3.24 6.35 -7.40 2.12
Price to Free Cash Flow
Enterprise Value to EBITDA 26920.76 27467.08 25125.37 54759.30 29175.19
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 12.52 16.21 33.20 6.68 10.06 18.03 5.20 5.76 11.87 10.27 18.76 -69.38 -6.28 -16.68 -40.38
Price to Sales 3.95 4.75 8.93 3.36 5.47 9.49 2.69 3.24 7.13 3.30 3.63 8.81 3.52 5.78 11.62
Book Value Per Common Share 78.12 76.76 75.66 37.41 76.03 75.96 73.26 30.57 27.53 24.77 23.41 23.08 23.20 66.55 68.19 68.23
Price to Book 0.59 0.48 0.44 0.96 0.68 0.78 0.73 1.21 1.28 0.86 0.77 0.64 0.79 0.29 0.28 0.24
Price to Operating Cash Flow 9.71 11.55 23.40 5.61 8.96 16.65 3.92 4.53 9.27 16.37 70.81 -45.21 -12.78 -23.88 -25.85
Price to Free Cash Flow
Enterprise Value to EBITDA 62649.80 45291.68 72359.31 129056.46 35749.78 41240.87 87702.87 29438.14 38627.26 159727.43 843824.05 618051.03

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -25.55 44.59
Revenue YoY -11.21 23.95 217.25 -35.36
EBITDA YoY -18.93 11.93 444.03 -15.17
Net Profit YoY -25.11 43.45 900.85 1095.43
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 63.56 125.00 31.29 99.32 30.27 89.17 1169900.00 202.65
Revenue YoY 51.81 106.68 42.34 93.81 41.72 101.77 81.76 185.45 91.14 99.03
EBITDA YoY 37.96 100.96 35.76 93.99 114.64 386.46 -58.38 -27.32
Net Profit YoY 63.43 124.37 31.70 100.16 30.01 89.07 13.30 202.42 459.06 53.35 98.68

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 3.20 3.81 6.56 2.55 7.12
Quick Ratio 4.09 3.48 3.50 1.08 1.51
Current Ratio 2.87 2.38 2.50 0.86 1.64
Debt to Equity 0.42 0.47 0.76 0.78 0.53
Long-Term Debt to Equity 0.35 0.36 0.58 0.60 0.41
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 8.36 3.02 2.69 3.20 3.11 3.58 4.38 3.82 4.37 4.81 5.69 6.59 5.14 4.65 1.50 1.97 3.36 4.19 5.57 7.12
Quick Ratio 2.14 1.32 3.91 4.09 5.25 5.63 3.90 3.48 3.49 2.89 3.41 3.50 3.22 2.81 1.26 1.08 0.83 1.86 2.25 1.51
Current Ratio 1.75 0.95 2.76 2.87 3.60 3.89 2.73 2.38 2.53 2.26 2.47 2.50 2.31 2.08 1.00 0.86 0.81 2.08 2.27 1.64
Debt to Equity 0.44 0.33 0.36 0.42 0.38 0.42 0.42 0.47 0.55 0.64 0.65 0.76 0.85 0.92 1.03 0.78 0.96 0.60 0.60 0.53
Long-Term Debt to Equity 0.27 0.14 0.30 0.35 0.33 0.36 0.32 0.36 0.44 0.49 0.51 0.58 0.69 0.75 0.82 0.60 0.74 0.50 0.50 0.41

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 15.81 22.07 14.83 1.37 0.15
ROE 22.45 32.41 26.07 2.44 0.24
Gross Margin
Operating Margin 53.31 63.55 58.08 -16.56 19.56
EBITDA Margin 69.02 75.59 83.71 48.81 37.20
Net Profit Margin 43.79 51.92 44.86 14.22 0.77
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 6.52 4.41 1.95 14.72 10.81 5.66 16.57 12.29 6.71 6.89 2.37 0.42 1.21 1.27 0.63
ROE 9.40 5.85 2.65 20.32 15.32 8.05 25.72 20.14 11.09 12.75 4.55 0.86 2.38 2.04 1.00
Gross Margin
Operating Margin 41.87 59.45 63.04 61.17 63.35 67.55 71.10 79.90 56.47 1.71 -77.53 -29.49 -17.02
EBITDA Margin 63.11 73.98 76.33 73.61 74.96 78.25 81.39 111.20 94.16 55.25 -9.49 6.87 18.82
Net Profit Margin 31.59 29.34 27.03 50.32 54.38 52.66 51.68 56.34 60.12 32.19 19.34 9.88 16.63 20.73 20.77

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 2,636,397.00 2,521,819.00 2,615,334.00 2,824,775.00 2,096,786.00
   Current Assets 376,323.00 464,980.00 642,615.00 245,288.00 276,988.00
      Cash and Short-Term Investments 157,506.00 186,760.00 323,744.00 97,883.00 199,390.00
            Cash and Cash Equivalents 157,506.00 126,760.00 243,744.00 97,883.00 199,390.00
            Short-Term Investments 0 60,000.00 80,000.00 0 0
      Net Receivables 377,892.00 493,868.00 576,858.00 209,447.00 54,541.00
      Inventory 1,875.00 1,329.00 531.00 2,110.00 3,601.00
      Other Current Assets -160,950.00 -216,977.00 -258,518.00 -64,152.00 19,456.00
   Non-Current Assets 2,260,074.00 2,056,839.00 1,972,719.00 2,579,487.00 1,819,798.00
      Property, Plant, Equipment Net 10,530,328.00 9,650,949.00 8,473,199.00 9,907,308.00 6,849,003.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 842.00 0
      Long-Term Investments 35,372.00 31,748.00 36,414.00 540,962.00 425,748.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -8,305,626.00 -7,625,858.00 -6,536,894.00 -7,869,625.00 -5,454,953.00
Liabilities 780,349.00 805,062.00 1,127,582.00 1,234,395.00 725,760.00
   Current Liabilities 130,935.00 195,574.00 257,389.00 283,905.00 168,463.00
      Payables and Expenses 15,995.00 16,400.00 17,632.00 14,744.00 8,902.00
            Account Payables 5,828.00 6,570.00 7,723.00 1,607.00 2,609.00
            Current Accrued Liabilities 10,167.00 9,830.00 9,909.00 13,137.00 6,293.00
      Short-Term Debt 64,671.00 137,670.00 206,320.00 365,823.00 131,833.00
      Other Current Liabilities 50,269.00 41,504.00 33,437.00 -96,662.00 27,728.00
   Non-Current Liabilities 649,414.00 609,488.00 870,193.00 950,490.00 557,297.00
      Long-Term Debt 647,068.00 606,860.00 868,318.00 1,865,062.00 958,917.00
      Other Non-Current Liabilities 2,346.00 2,628.00 1,875.00 -914,572.00 -401,620.00
Equity 1,856,048.00 1,716,757.00 1,487,752.00 1,590,380.00 1,371,026.00
   Shareholders Equity 1,840,326.00 0 1,501,680.00 1,145,028.00 1,911,471.00
      Capital Stock 1,504,767.00 1,490,986.00 1,502,235.00 1,591,446.00 1,280,501.00
      Share Premium 0 0 0 0 0
      Retained Earnings 359,142.00 226,834.00 -21,447.00 -409,338.00 -275,846.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -7,861.00 -1,063.00 6,964.00 -12,560.00 -32,613.00
   Minority Interest 0 0 0 584.00 0
Investments 35,372.00 91,748.00 116,414.00 540,962.00 425,748.00
Debt 711,739.00 744,530.00 1,074,638.00 2,230,885.00 1,090,750.00
Net Debt 554,233.00 557,770.00 750,894.00 2,133,002.00 891,360.00
Common Shares Outstanding 49,194.46 48,925.56 49,120.65 49,612.02 28,014.88
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 951,613.00 1,071,775.00 864,665.00 272,546.00 421,648.00
   Selling, General and Administrative Expenses 52,607.00 47,473.00 46,351.00 33,256.00 29,047.00
Operating Income 455,225.00 615,431.00 442,654.00 -177,607.00 125,955.00
Net Non-Operating Income -39,585.00 -55,107.00 -54,675.00 44,565.00 -131,485.00
Interest Income 101,617.00 134,731.00 117,835.00 88,010.00 88,581.00
Interest Expense 91,701.00 120,768.00 114,182.00 87,906.00 88,023.00
Net Interest 9,916.00 13,963.00 3,653.00 104.00 558.00
EBT 415,640.00 560,324.00 387,979.00 -133,042.00 -5,530.00
Income Tax 1,084.00 3,878.00 88.00 5,581.00 69,205.00
Equity Method Investments Income 0 0 2,012.00 86,389.00 15,367.00
Net Income Including Non-Controlling Interests 416,724.00 556,446.00 387,891.00 39,924.00 0
Net Income Non-Controlling Interests 0.00 0.00 0.00 -1,168.00 0
Net Income 416,724.00 556,446.00 387,891.00 38,756.00 3,242.00
EBIT 507,341.00 681,092.00 502,161.00 -45,136.00 82,493.00
Deprecation and Amortization 149,440.00 129,038.00 221,618.00 178,176.00 74,343.00
EBITDA 656,781.00 810,130.00 723,779.00 133,040.00 156,836.00
EPS 0.01 0.01 0.01 -0.00 0
Diluted EPS 0.01 0.01 0.01 -0.00 0
Average Shares Outstanding Basic 49,270.50 48,978.45 49,381.46 38,407.01 0
Average Shares Outstanding Diluted 49,680.13 49,428.97 49,844.90 38,407.01 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 547,138.00 688,402.00 287,801.00 -76,192.00 216,140.00
   Operating Net Income 416,724.00 556,446.00 387,891.00 -269,320.00 -5,531.00
   Deprecation and Amortization 149,440.00 129,038.00 221,618.00 178,176.00 74,343.00
   Deferred Income Tax 0 0 -9.00 10.00 0
   Share Based Compensation 9,000.00 8,518.00 6,746.00 10,529.00 5,631.00
   Change in Working Capital -60,996.00 -30,593.00 198,390.00 11,190.00 -41,040.00
   Other Operating Activities 32,970.00 24,993.00 -526,835.00 -6,777.00 182,737.00
Investing Cash Flow -155,017.00 -124,267.00 42,799.00 133,288.00 32,368.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,386.00 1,471.00 710.00 979.00 507.00
   Net Purchase/Sale of Investments Net 125,000.00 235,000.00 105,000.00 0 7,456.00
   Net Purchase/Sale of Business 0 0 139,766.00 54,047.00 0
   Other Investing Activities -281,403.00 -360,738.00 -202,677.00 78,262.00 24,405.00
Financing Cash Flow -361,375.00 -681,119.00 -185,789.00 -173,840.00 -183,074.00
   Net Issuance/Repayment of Debt 159,851.00 432,050.00 1,438,881.00 204,264.00 82,007.00
   Net Issuance/Repurchase of Equity 25,000.00 13,948.00 20,017.00 16,660.00 29,997.00
   Dividends Paid 284,416.00 308,154.00 69,841.00 40,939.00 6,770.00
   Other Financing Activities -830,642.00 -1,435,271.00 -1,714,528.00 -435,703.00 -301,848.00
Net Change in Cash 30,746.00 -116,984.00 144,811.00 -116,744.00 65,434.00
   Cash at Beginning of Period 126,760.00 243,744.00 98,933.00 215,677.00 150,243.00
   Cash at End of Period 157,506.00 126,760.00 243,744.00 98,933.00 215,677.00
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 2,789,578.00 2,523,215.00 2,542,397.00 2,636,397.00 2,587,846.00 2,674,670.00 2,551,422.00 2,521,819.00 2,561,022.00 2,655,656.00 2,571,530.00 2,615,334.00 2,459,903.00 2,364,241.00 2,366,593.00 2,824,775.00 2,441,833.00 1,518,865.00 1,552,052.00 2,096,786.00
   Current Assets 591,968.00 332,394.00 326,614.00 376,323.00 372,270.00 434,615.00 490,071.00 464,980.00 473,875.00 559,681.00 562,600.00 642,615.00 509,550.00 435,003.00 246,488.00 245,288.00 228,781.00 212,310.00 221,400.00 276,988.00
      Cash and Short-Term Investments 412,569.00 148,807.00 132,769.00 157,506.00 153,309.00 176,141.00 214,501.00 186,760.00 213,976.00 236,023.00 279,549.00 323,744.00 254,465.00 230,666.00 74,553.00 97,883.00 115,414.00 117,391.00 156,178.00 199,390.00
            Cash and Cash Equivalents 412,569.00 148,807.00 132,769.00 157,506.00 103,309.00 176,141.00 139,501.00 126,760.00 138,976.00 116,023.00 174,549.00 243,744.00 174,465.00 230,666.00 74,553.00 97,883.00 115,414.00 117,391.00 156,178.00 199,390.00
            Short-Term Investments 0 0 0 0 50,000.00 0 75,000.00 60,000.00 75,000.00 120,000.00 105,000.00 80,000.00 80,000.00 0 0 0 0 0 0 0
      Net Receivables 311,673.00 313,744.00 330,263.00 377,892.00 389,275.00 452,764.00 486,842.00 493,868.00 439,512.00 479,528.00 496,188.00 576,858.00 456,232.00 356,984.00 234,733.00 209,447.00 117,778.00 72,205.00 63,271.00 54,541.00
      Inventory 577.00 522.00 573.00 1,875.00 378.00 1,850.00 593.00 1,329.00 1,143.00 629.00 698.00 531.00 873.00 804.00 2,335.00 2,110.00 2,578.00 2,103.00 2,271.00 3,601.00
      Other Current Assets -132,851.00 -130,679.00 -136,991.00 -160,950.00 -170,692.00 -196,140.00 -211,865.00 -216,977.00 -180,756.00 -156,499.00 -213,835.00 -258,518.00 -202,020.00 -153,451.00 -65,133.00 -64,152.00 -6,989.00 20,611.00 -320.00 19,456.00
   Non-Current Assets 2,197,610.00 2,190,821.00 2,215,783.00 2,260,074.00 2,215,576.00 2,240,055.00 2,061,351.00 2,056,839.00 2,087,147.00 2,095,975.00 2,008,930.00 1,972,719.00 1,950,353.00 1,929,238.00 2,120,105.00 2,579,487.00 2,213,052.00 1,306,555.00 1,330,652.00 1,819,798.00
      Property, Plant, Equipment Net 1,957,522.00 1,973,979.00 2,019,998.00 10,530,328.00 2,057,626.00 2,096,286.00 1,907,991.00 9,650,949.00 1,970,478.00 1,983,947.00 1,782,738.00 8,473,199.00 1,725,844.00 1,744,659.00 1,796,689.00 9,907,308.00 1,930,920.00 1,072,746.00 1,117,010.00 6,849,003.00
      Goodwill 0 0 0 0 0 0 0 0 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 0 159.00 502.00 842.00 3,125.00 0 0 0
      Long-Term Investments 33,859.00 35,859.00 37,316.00 35,372.00 33,794.00 33,238.00 33,998.00 31,748.00 32,701.00 31,721.00 33,276.00 36,414.00 38,109.00 39,832.00 366,761.00 540,962.00 354,802.00 299,180.00 289,570.00 425,748.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 206,229.00 180,983.00 158,469.00 -8,305,626.00 124,156.00 110,531.00 119,362.00 -7,625,858.00 83,968.00 80,307.00 192,916.00 -6,536,894.00 186,400.00 144,588.00 -43,847.00 -7,869,625.00 -75,795.00 -65,371.00 -75,928.00 -5,454,953.00
Liabilities 855,791.00 623,436.00 673,548.00 780,349.00 713,216.00 787,234.00 756,532.00 805,062.00 910,945.00 1,035,382.00 1,014,247.00 1,127,582.00 1,131,071.00 1,133,093.00 1,201,143.00 1,234,395.00 1,197,102.00 571,411.00 584,289.00 725,760.00
   Current Liabilities 337,713.00 350,333.00 118,441.00 130,935.00 103,292.00 111,733.00 179,750.00 195,574.00 187,337.00 247,281.00 227,478.00 257,389.00 220,881.00 208,902.00 245,274.00 283,905.00 280,937.00 102,112.00 97,727.00 168,463.00
      Payables and Expenses 0 0 0 15,995.00 0 0 0 16,400.00 0 0 0 17,632.00 0 0 0 14,744.00 0 0 0 8,902.00
            Account Payables 0 0 0 5,828.00 0 0 0 6,570.00 0 0 0 7,723.00 0 0 0 1,607.00 0 0 0 2,609.00
            Current Accrued Liabilities 0 0 0 10,167.00 0 0 0 9,830.00 0 0 0 9,909.00 0 0 0 13,137.00 0 0 0 6,293.00
      Short-Term Debt 548,906.00 563,425.00 62,207.00 64,671.00 57,496.00 59,615.00 137,704.00 137,670.00 144,487.00 200,237.00 174,281.00 206,320.00 175,288.00 170,665.00 189,158.00 365,823.00 227,519.00 68,709.00 69,264.00 131,833.00
      Other Current Liabilities -211,193.00 -213,092.00 56,234.00 50,269.00 45,796.00 52,118.00 42,046.00 41,504.00 42,850.00 47,044.00 53,197.00 33,437.00 45,593.00 38,237.00 56,116.00 -96,662.00 53,418.00 33,403.00 28,463.00 27,728.00
   Non-Current Liabilities 518,078.00 273,103.00 555,107.00 649,414.00 609,924.00 675,501.00 576,782.00 609,488.00 723,608.00 788,101.00 786,769.00 870,193.00 910,190.00 924,191.00 955,869.00 950,490.00 916,165.00 469,299.00 486,562.00 557,297.00
      Long-Term Debt 515,733.00 266,402.00 551,677.00 647,068.00 607,462.00 670,012.00 573,473.00 606,860.00 721,020.00 785,805.00 784,892.00 868,318.00 908,596.00 922,072.00 953,846.00 1,865,062.00 900,786.00 452,107.00 468,367.00 958,917.00
      Other Non-Current Liabilities 2,345.00 6,701.00 3,430.00 2,346.00 2,462.00 5,489.00 3,309.00 2,628.00 2,588.00 2,296.00 1,877.00 1,875.00 1,594.00 2,119.00 2,023.00 -914,572.00 15,379.00 17,192.00 18,195.00 -401,620.00
Equity 1,933,787.00 1,899,779.00 1,868,849.00 1,856,048.00 1,874,630.00 1,887,436.00 1,794,890.00 1,716,757.00 1,650,077.00 1,620,274.00 1,557,283.00 1,487,752.00 1,328,832.00 1,231,148.00 1,165,450.00 1,590,380.00 1,244,731.00 947,454.00 967,763.00 1,371,026.00
   Shareholders Equity 3,857,130.00 3,789,412.00 3,728,884.00 1,840,326.00 3,740,037.00 3,773,456.00 3,589,480.00 0 0 0 0 1,501,680.00 1,350,498.00 1,230,818.00 1,162,064.00 1,145,028.00 1,175,825.00 1,871,991.00 1,913,132.00 1,911,471.00
      Capital Stock 1,505,459.00 1,503,687.00 1,503,451.00 1,504,767.00 1,501,503.00 1,524,400.00 1,488,531.00 1,490,986.00 1,489,041.00 1,487,151.00 1,501,516.00 1,502,235.00 1,557,875.00 1,583,740.00 1,588,606.00 1,591,446.00 1,609,602.00 1,278,365.00 1,279,368.00 1,280,501.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 438,772.00 406,238.00 374,212.00 359,142.00 382,350.00 364,452.00 306,659.00 226,834.00 155,877.00 127,368.00 52,865.00 -21,447.00 -239,876.00 -353,303.00 -422,339.00 -409,338.00 -375,346.00 -307,994.00 -289,211.00 -275,846.00
      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 -10,444.00 -10,146.00 -8,814.00 -7,861.00 -9,223.00 -1,416.00 -300.00 -1,063.00 5,159.00 5,755.00 2,902.00 6,964.00 10,833.00 127.00 -1,401.00 -12,560.00 -19,477.00 -22,917.00 -22,394.00 -32,613.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 584.00 584.00 584.00 29,952.00 0 0 0
Investments 33,859.00 35,859.00 37,316.00 35,372.00 83,794.00 33,238.00 108,998.00 91,748.00 107,701.00 151,721.00 138,276.00 116,414.00 118,109.00 39,832.00 366,761.00 540,962.00 354,802.00 299,180.00 289,570.00 425,748.00
Debt 1,064,639.00 829,827.00 613,884.00 711,739.00 664,958.00 729,627.00 711,177.00 744,530.00 865,507.00 986,042.00 959,173.00 1,074,638.00 1,083,884.00 1,092,737.00 1,143,004.00 2,230,885.00 1,128,305.00 520,816.00 537,631.00 1,090,750.00
Net Debt 652,070.00 681,020.00 481,115.00 554,233.00 511,649.00 553,486.00 496,676.00 557,770.00 651,531.00 750,019.00 679,624.00 750,894.00 829,419.00 862,071.00 1,068,451.00 2,133,002.00 1,012,891.00 403,425.00 381,453.00 891,360.00
Common Shares Outstanding 49,371.47 49,366.28 49,287.46 49,194.46 49,192.84 49,674.29 48,999.76 48,925.56 48,893.13 48,889.61 49,171.31 49,120.65 49,058.61 49,695.73 49,641.51 49,612.02 50,689.09 28,128.30 28,055.89 28,014.88
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 575,423.00 379,035.00 183,394.00 -611,598.00 757,000.00 531,810.00 274,401.00 -615,729.00 821,041.00 579,333.00 287,130.00 -53,004.00 526,508.00 289,679.00 101,482.00 -45,146.00 177,876.00 93,060.00 46,756.00
   Selling, General and Administrative Expenses 37,186.00 25,382.00 13,217.00 -21,344.00 37,494.00 24,083.00 12,374.00 -21,623.00 35,082.00 22,768.00 11,246.00 -17,680.00 32,852.00 21,013.00 10,166.00 -13,013.00 23,160.00 14,969.00 8,140.00
Operating Income 207,223.00 128,540.00 59,173.00 -418,592.00 410,183.00 309,211.00 154,423.00 -391,975.00 468,134.00 353,974.00 185,298.00 150,400.00 210,161.00 81,754.00 339.00 17,443.00 -148,333.00 -34,942.00 -11,775.00
Net Non-Operating Income -25,466.00 0 0 19,629.00 -29,283.00 -19,998.00 -9,933.00 28,128.00 -43,370.00 -27,199.00 -12,666.00 -188,049.00 129,019.00 30,558.00 -26,203.00 138,889.00 -50,866.00 -28,797.00 -14,661.00
Interest Income 0 0 0 101,617.00 0 0 0 134,731.00 0 0 0 117,835.00 0 0 0 88,010.00 0 0 0
Interest Expense 59,165.00 40,826.00 22,308.00 -46,845.00 69,148.00 46,049.00 23,349.00 -70,654.00 95,340.00 64,572.00 31,510.00 -46,156.00 81,479.00 51,262.00 27,597.00 -28,172.00 61,298.00 36,300.00 18,480.00
Net Interest 0 0 0 9,916.00 0 0 0 13,963.00 0 0 0 3,653.00 0 0 0 104.00 0 0 0
EBT 181,757.00 0 0 -398,963.00 380,900.00 289,213.00 144,490.00 -363,847.00 424,764.00 326,775.00 172,632.00 -37,649.00 339,180.00 112,312.00 -25,864.00 156,332.00 -199,199.00 -63,739.00 -26,436.00
Income Tax 0.00 0.00 0.00 1,083.00 1.00 0.00 0.00 3,065.00 432.00 380.00 1.00 -1,064.00 63.00 56.00 1,033.00 -453.00 3,067.00 1,974.00 993.00
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0 -17,386.00 1,302.00 1,305.00 16,791.00 -12,263.00 49,719.00 32,529.00 16,404.00
Net Income Including Non-Controlling Interests 181,757.00 111,211.00 49,565.00 -397,880.00 380,901.00 289,213.00 144,490.00 -366,914.00 424,332.00 326,395.00 172,633.00 188,396.00 169,462.00 56,035.00 -26,002.00 9,813.00 30,111.00 0 0
Net Income Non-Controlling Interests 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -36,025.00 0.00 0.00 36,025.00 -642.00 -526.00 0 0
Net Income 181,757.00 111,211.00 49,565.00 -397,880.00 380,901.00 289,213.00 144,490.00 -366,914.00 424,332.00 326,395.00 172,633.00 152,371.00 169,462.00 56,035.00 10,023.00 -19,831.00 29,585.00 19,292.00 9,710.00
EBIT 240,922.00 0 0 -445,808.00 450,048.00 335,262.00 167,839.00 -434,501.00 520,104.00 391,347.00 204,142.00 -83,805.00 420,659.00 163,574.00 1,733.00 128,160.00 -137,901.00 -27,439.00 -7,956.00
Deprecation and Amortization 122,224.00 81,054.00 39,705.00 -65,357.00 109,974.00 70,670.00 34,153.00 -57,859.00 95,356.00 61,993.00 29,548.00 -106,728.00 164,810.00 109,196.00 54,340.00 6,568.00 121,021.00 33,833.00 16,754.00
EBITDA 363,146.00 0 0 -511,165.00 560,022.00 405,932.00 201,992.00 -492,360.00 615,460.00 453,340.00 233,690.00 -190,533.00 585,469.00 272,770.00 56,073.00 134,728.00 -16,880.00 6,394.00 8,798.00
EPS 0.00 0.00 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.01 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 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.00 -0.00 0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 49,326.46 49,315.30 49,307.45 49,626.76 49,302.37 49,180.02 48,972.84 48,682.40 49,008.90 49,083.90 49,138.61 48,874.34 49,493.32 49,586.85 49,571.34 63,170.52 34,395.73 28,037.96 28,023.81
Average Shares Outstanding Diluted 49,537.32 49,502.69 49,528.81 50,114.39 49,677.24 49,550.93 49,377.95 49,101.43 49,442.82 49,525.28 49,646.33 50,295.21 49,758.20 49,754.88 49,571.34 63,170.52 34,395.73 28,037.96 28,023.81
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
Operating Cash Flow 234,051.00 155,726.00 69,947.00 -387,201.00 453,516.00 324,381.00 156,442.00 -509,795.00 562,919.00 414,456.00 220,822.00 186,536.00 106,201.00 14,845.00 -19,781.00 16,365.00 -49,033.00 -22,518.00 -21,006.00
   Operating Net Income 181,757.00 111,211.00 49,565.00 -397,880.00 380,901.00 289,213.00 144,490.00 -366,914.00 424,332.00 326,395.00 172,633.00 188,396.00 169,462.00 56,035.00 -26,002.00 21,758.00 -200,052.00 -64,296.00 -26,730.00
   Deprecation and Amortization 122,224.00 81,054.00 39,705.00 -65,357.00 109,974.00 70,670.00 34,153.00 -57,859.00 95,356.00 61,993.00 29,548.00 -106,728.00 164,810.00 109,196.00 54,340.00 6,568.00 121,021.00 33,833.00 16,754.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 -9.00 0 0 0 10.00 0 0 0
   Share Based Compensation 5,810.00 3,790.00 1,946.00 -2,060.00 5,736.00 3,633.00 1,691.00 -3,167.00 5,912.00 3,873.00 1,900.00 -1,537.00 4,447.00 2,728.00 1,108.00 -1,665.00 8,894.00 2,263.00 1,037.00
   Change in Working Capital -43,519.00 -49,293.00 -46,437.00 69,650.00 -69,869.00 -37,493.00 -23,284.00 137,584.00 -72,811.00 -50,472.00 -44,894.00 -24,667.00 131,418.00 80,358.00 11,281.00 22,562.00 -3,841.00 3,382.00 -10,913.00
   Other Operating Activities -32,221.00 8,964.00 25,168.00 8,446.00 26,774.00 -1,642.00 -608.00 -219,439.00 110,130.00 72,667.00 61,635.00 131,081.00 -363,936.00 -233,472.00 -60,508.00 -32,868.00 24,945.00 2,300.00 -1,154.00
Investing Cash Flow 25,480.00 46,486.00 36,915.00 121,387.00 -137,086.00 -96,415.00 -42,903.00 326,093.00 -169,551.00 -208,584.00 -72,225.00 -159,114.00 52,027.00 164,535.00 -14,649.00 41,630.00 116,140.00 -21,065.00 -3,417.00
   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 627.00 553.00 376.00 -996.00 880.00 801.00 701.00 -674.00 1,035.00 586.00 524.00 -863.00 674.00 509.00 390.00 79.00 450.00 271.00 179.00
   Net Purchase/Sale of Investments Net 0 0 0 -150,000.00 125,000.00 75,000.00 75,000.00 -240,000.00 210,000.00 175,000.00 90,000.00 25,000.00 80,000.00 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 -139,269.00 138,966.00 140,069.00 0 -108.00 54,155.00 0 0
   Other Investing Activities 24,853.00 45,933.00 36,539.00 272,383.00 -262,966.00 -172,216.00 -118,604.00 566,767.00 -380,586.00 -384,170.00 -162,749.00 -43,982.00 -167,613.00 23,957.00 -15,039.00 41,659.00 61,535.00 -21,336.00 -3,596.00
Financing Cash Flow -4,468.00 -210,911.00 -131,599.00 257,889.00 -339,881.00 -178,585.00 -100,798.00 368,402.00 -498,136.00 -333,593.00 -217,792.00 -68,661.00 -81,636.00 -46,593.00 11,101.00 33,736.00 -150,193.00 -38,530.00 -18,853.00
   Net Issuance/Repayment of Debt 330,775.00 20,000.00 20,000.00 -39,389.00 89,851.00 89,851.00 19,538.00 -271,940.00 373,685.00 192,856.00 137,449.00 -1,390,450.00 1,385,084.00 1,358,963.00 85,284.00 -242,643.00 400,794.00 30,742.00 15,371.00
   Net Issuance/Repurchase of Equity 0 0 0 0.00 25,000.00 0 0 -13,948.00 13,948.00 13,948.00 0 0.00 20,017.00 0 0 16,660.00 0 0 0
   Dividends Paid 140,139.00 64,115.00 34,495.00 -157,226.00 225,385.00 151,595.00 64,662.00 -214,725.00 247,001.00 177,565.00 98,313.00 43,090.00 14,830.00 8,941.00 2,980.00 -2,031.00 37,920.00 3,369.00 1,681.00
   Other Financing Activities -475,382.00 -295,026.00 -186,094.00 454,504.00 -680,117.00 -420,031.00 -184,998.00 869,015.00 -1,132,770.00 -717,962.00 -453,554.00 1,278,699.00 -1,501,567.00 -1,414,497.00 -77,163.00 261,750.00 -588,907.00 -72,641.00 -35,905.00
Net Change in Cash 255,063.00 -8,699.00 -24,737.00 -7,925.00 -23,451.00 49,381.00 12,741.00 184,700.00 -104,768.00 -127,721.00 -69,195.00 -41,239.00 76,592.00 132,787.00 -23,329.00 91,731.00 -83,086.00 -82,113.00 -43,276.00
   Cash at Beginning of Period 157,506.00 157,506.00 157,506.00 165,431.00 126,760.00 126,760.00 126,760.00 -57,940.00 243,744.00 243,744.00 243,744.00 284,983.00 98,933.00 98,933.00 98,933.00 7,202.00 215,677.00 215,677.00 215,677.00
   Cash at End of Period 412,569.00 148,807.00 132,769.00 157,506.00 103,309.00 176,141.00 139,501.00 126,760.00 138,976.00 116,023.00 174,549.00 243,744.00 175,525.00 231,720.00 75,604.00 98,933.00 132,591.00 133,564.00 172,401.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0