IPHA
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -3.02 | -31.11 | -5.11 | -6.91 |
| Price to Sales | 11.82 | 4.54 | 5.99 | 29.96 |
| Book Value Per Common Share | 0.11 | 0.64 | 0.68 | 1.35 |
| Price to Book | 17.46 | 4.36 | 5.48 | 3.38 |
| Price to Operating Cash Flow | -21.62 | -7.23 | -15.51 | -6.20 |
| Price to Free Cash Flow | -20.47 | -6.75 | -14.65 | -6.07 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| Price to Earnings | |||
| Price to Sales | |||
| Book Value Per Common Share | 0.06 | 0.11 | 0.36 |
| Price to Book | 32.53 | 17.46 | 5.45 |
| Price to Operating Cash Flow | |||
| Price to Free Cash Flow | |||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -75.68 | 4.68 | 309.41 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| Earning YoY | |||
| Revenue YoY | |||
| EBITDA YoY | |||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.00 | 1.10 | 1.27 | 1.51 |
| Quick Ratio | 2.50 | 3.51 | 3.21 | 1.67 |
| Current Ratio | 2.60 | 3.73 | 3.38 | 1.73 |
| Debt to Equity | 11.57 | 2.38 | 2.68 | 1.49 |
| Long-Term Debt to Equity | 7.84 | 1.61 | 1.92 | 0.75 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| Cash Per Common Share | 0.65 | 0.96 | 1.13 |
| Quick Ratio | 2.21 | 2.50 | 2.76 |
| Current Ratio | 2.21 | 2.60 | 2.92 |
| Debt to Equity | 17.07 | 11.57 | 4.26 |
| Long-Term Debt to Equity | 11.35 | 7.84 | 2.93 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -44.54 | -4.32 | -29.15 | -19.74 |
| ROE | -560.01 | -14.59 | -107.30 | -49.15 |
| Gross Margin | ||||
| Operating Margin | -387.49 | -13.35 | -116.35 | -372.96 |
| EBITDA Margin | -371.69 | -3.54 | -24.77 | -335.01 |
| Net Profit Margin | -391.97 | -14.59 | -117.19 | -436.08 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| ROA | |||
| ROE | |||
| Gross Margin | |||
| Operating Margin | |||
| EBITDA Margin | |||
| Net Profit Margin |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| Dividend Yield | |||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 111,059.00 | 175,187.00 | 199,295.00 | 267,496.00 |
| Current Assets | 85,742.00 | 148,013.00 | 139,831.00 | 138,256.00 |
| Cash and Short-Term Investments | 80,770.00 | 92,456.00 | 101,485.00 | 119,836.00 |
| Cash and Cash Equivalents | 66,396.00 | 70,605.00 | 84,225.00 | 103,756.00 |
| Short-Term Investments | 14,374.00 | 21,851.00 | 17,260.00 | 16,080.00 |
| Net Receivables | 1,643.00 | 46,489.00 | 31,020.00 | 13,473.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 3,329.00 | 9,068.00 | 7,326.00 | 4,947.00 |
| Non-Current Assets | 25,317.00 | 27,175.00 | 59,465.00 | 129,241.00 |
| Property, Plant, Equipment Net | 5,133.00 | 6,322.00 | 8,542.00 | 10,174.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 416.00 | 1,553.00 | 44,190.00 |
| Long-Term Investments | 10,281.00 | 9,796.00 | 35,119.00 | 39,878.00 |
| Non-Current Deferred Assets | 0 | 9,006.00 | 8,568.00 | 5,028.00 |
| Other Non-Current Assets | 0 | 1,635.00 | 5,683.00 | 29,971.00 |
| Liabilities | 102,225.00 | 123,286.00 | 145,144.00 | 160,056.00 |
| Current Liabilities | 32,982.00 | 39,636.00 | 41,338.00 | 79,886.00 |
| Payables and Expenses | 16,007.00 | 17,018.00 | 20,911.00 | 28,572.00 |
| Account Payables | 7,923.00 | 8,561.00 | 13,656.00 | 14,729.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 8,709.00 | 8,936.00 | 2,102.00 | 30,748.00 |
| Other Current Liabilities | 8,266.00 | 13,682.00 | 18,325.00 | 20,566.00 |
| Non-Current Liabilities | 69,243.00 | 83,650.00 | 103,806.00 | 80,170.00 |
| Long-Term Debt | 22,286.00 | 30,957.00 | 40,149.00 | 13,503.00 |
| Other Non-Current Liabilities | 46,957.00 | 52,693.00 | 63,657.00 | 66,667.00 |
| Equity | 8,834.00 | 51,901.00 | 54,151.00 | 107,440.00 |
| Shareholders Equity | 8,834.00 | 51,901.00 | 54,151.00 | 107,440.00 |
| Capital Stock | 4,192.00 | 4,044.00 | 4,011.00 | 3,978.00 |
| Share Premium | 390,979.00 | 384,255.00 | 379,637.00 | 375,220.00 |
| Retained Earnings | -386,364.00 | -336,893.00 | -330,316.00 | -272,213.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 27.00 | 495.00 | 819.00 | 456.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 30,995.00 | 39,893.00 | 42,251.00 | 44,251.00 |
| Common Shares Outstanding | 83,811.76 | 80,841.99 | 79,542.63 | 79,542.63 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 12,621.00 | 51,901.00 | 49,580.00 | 12,110.00 |
| Interest Income | 2,437.00 | 3,177.00 | 546.00 | 327.00 |
| Interest Expense | 566.00 | 640.00 | 288.00 | 312.00 |
| Non-Interest Expense | 11,933.00 | 11,748.00 | 14,473.00 | 15,991.00 |
| Operating Expenses | 64,197.00 | 64,570.00 | 66,005.00 | 59,937.00 |
| Selling, General and Administrative Expenses | 11,933.00 | 11,748.00 | 14,473.00 | 15,991.00 |
| Research and Development Expenses | 51,980.00 | 56,022.00 | 51,663.00 | 47,004.00 |
| Other Operating Expenses | 284.00 | -3,200.00 | -131.00 | -3,058.00 |
| Operating Income | -51,576.00 | -12,669.00 | -16,425.00 | -47,827.00 |
| EBT | -49,471.00 | -7,570.00 | -57,972.00 | -45,478.00 |
| Income Tax | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -49,471.00 | -7,570.00 | -58,103.00 | -52,809.00 |
| Net Income | -49,471.00 | -7,570.00 | -58,103.00 | -52,809.00 |
| EBIT | -48,905.00 | -6,930.00 | -57,684.00 | -45,166.00 |
| Deprecation and Amortization | 1,994.00 | 5,091.00 | 45,405.00 | 4,596.00 |
| EBITDA | -46,911.00 | -1,839.00 | -12,279.00 | -40,570.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 81,052.00 | 84,111.11 | 79,640.00 | 79,543.00 |
| Average Shares Outstanding Diluted | 81,052.00 | 84,111.11 | 79,640.00 | 79,543.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -6,896.00 | -32,559.00 | -19,155.00 | -58,457.00 |
| Operating Net Income | -49,471.00 | -7,570.00 | -58,103.00 | -52,809.00 |
| Deprecation and Amortization | 1,994.00 | 5,091.00 | 45,405.00 | 4,596.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 3,944.00 | 4,256.00 | 4,249.00 | 2,617.00 |
| Change in Working Capital | 39,162.00 | -32,092.00 | -12,503.00 | -9,885.00 |
| Other Operating Activities | -2,525.00 | -2,244.00 | 1,797.00 | -2,976.00 |
| Investing Cash Flow | 9,200.00 | 20,630.00 | 1,877.00 | -917.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -391.00 | -201.00 | -535.00 | -922.00 |
| Net Purchase/Sale of Investments Net | 9,590.00 | 22,768.00 | 3,000.00 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 1.00 | -1,937.00 | -588.00 | 5.00 |
| Financing Cash Flow | -6,008.00 | -1,966.00 | -1,828.00 | 26,819.00 |
| Net Issuance/Repayment of Debt | -8,936.00 | -2,361.00 | -2,026.00 | 26,631.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 188.00 |
| Net Change in Cash | -3,704.00 | -13,894.00 | -19,103.00 | -32,553.00 |
| Cash at Beginning of Period | 70,605.00 | 84,225.00 | 103,756.00 | 136,792.00 |
| Cash at End of Period | 66,396.00 | 70,605.00 | 84,225.00 | 103,756.00 |
| Free Cash Flow | -7,287.00 | -34,910.00 | -20,277.00 | -59,787.00 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|
| Assets | 92,937.00 | 111,059.00 | 151,497.00 |
| Current Assets | 64,978.00 | 85,742.00 | 111,594.00 |
| Cash and Short-Term Investments | 60,027.00 | 80,770.00 | 91,799.00 |
| Cash and Cash Equivalents | 53,704.00 | 66,396.00 | 69,990.00 |
| Short-Term Investments | 6,323.00 | 14,374.00 | 21,809.00 |
| Net Receivables | 4,951.00 | 1,643.00 | 13,828.00 |
| Inventory | 0 | 0 | 0 |
| Other Current Assets | 0.00 | 3,329.00 | 5,967.00 |
| Non-Current Assets | 27,958.00 | 25,317.00 | 39,903.00 |
| Property, Plant, Equipment Net | 4,955.00 | 5,133.00 | 5,748.00 |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 119.00 |
| Long-Term Investments | 10,390.00 | 10,281.00 | 10,350.00 |
| Non-Current Deferred Assets | 0 | 0 | 9,123.00 |
| Other Non-Current Assets | 0 | 0 | 14,563.00 |
| Liabilities | 87,793.00 | 102,225.00 | 122,701.00 |
| Current Liabilities | 29,426.00 | 32,982.00 | 38,224.00 |
| Payables and Expenses | 12,041.00 | 16,007.00 | 15,873.00 |
| Account Payables | 12,041.00 | 7,923.00 | 8,751.00 |
| Current Accrued Liabilities | 0 | 0 | 0 |
| Short-Term Debt | 8,934.00 | 8,709.00 | 8,929.00 |
| Other Current Liabilities | 8,451.00 | 8,266.00 | 13,422.00 |
| Non-Current Liabilities | 58,367.00 | 69,243.00 | 84,477.00 |
| Long-Term Debt | 18,095.00 | 22,286.00 | 26,574.00 |
| Other Non-Current Liabilities | 40,272.00 | 46,957.00 | 57,903.00 |
| Equity | 5,144.00 | 8,834.00 | 28,796.00 |
| Shareholders Equity | 5,144.00 | 8,834.00 | 28,796.00 |
| Capital Stock | 4,610.00 | 4,192.00 | 4,049.00 |
| Share Premium | 407,048.00 | 390,979.00 | 386,049.00 |
| Retained Earnings | -407,708.00 | -386,364.00 | -361,657.00 |
| Treasury Shares | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,194.00 | 27.00 | 354.00 |
| Minority Interest | 0 | 0 | 0 |
| Debt | 27,029.00 | 30,995.00 | 35,503.00 |
| Common Shares Outstanding | 92,157.80 | 83,811.76 | 80,948.83 |
| Breakdown |
|---|
| EBT |
| Income Tax |
| Net Income |
| EPS |
| Average Shares Outstanding Basic |
| Breakdown |
|---|
| Operating Cash Flow |
| Operating Net Income |
| Deprecation and Amortization |
| Deferred Income Tax |
| Share Based Compensation |
| Change in Working Capital |
| Other Operating Activities |
| Investing Cash Flow |
| Capital Expenditure |
| Net Purchase/Sale of PPE |
| Net Purchase/Sale of Investments Net |
| Net Purchase/Sale of Business |
| Other Investing Activities |
| Financing Cash Flow |
| Net Issuance/Repayment of Debt |
| Net Issuance/Repurchase of Equity |
| Dividends Paid |
| Other Financing Activities |
| Net Change in Cash |
| Cash at Beginning of Period |
| Cash at End of Period |
| Free Cash Flow |