Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 30.55 343.00 734.29
Price to Sales 4.14 6.54 9.14 8.97 9.00
Book Value Per Common Share 5.23 7.23 8.96 9.81 10.59
Price to Book 5.55 5.69 5.73 4.21 3.71
Price to Operating Cash Flow 9.15 16.42 19.12 18.20 21.02
Price to Free Cash Flow
Enterprise Value to EBITDA 97765.61 153165.52 171390.53 154750.98 170898.05
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 21.04 62.85 97.57 48.33 61.91 163.50 -252.72 -365.41 774.13 633.86 626.00
Price to Sales 2.87 7.60 13.96 5.93 8.01 15.80 9.62 19.74 38.33 10.84 14.16 31.23 11.49 18.10 37.58
Book Value Per Common Share 4.17 4.35 4.72 5.23 5.51 6.45 6.93 7.23 7.34 7.90 8.62 8.96 9.11 9.29 9.31 9.81 10.00 9.96 10.22 10.59
Price to Book 4.19 6.93 5.78 5.55 5.52 4.12 3.77 5.69 6.20 7.86 7.18 5.73 4.87 4.04 4.33 4.21 3.99 4.01 4.04 3.71
Price to Operating Cash Flow 6.48 17.21 49.09 13.52 21.27 45.10 25.26 50.40 114.14 22.46 29.35 79.87 24.71 42.61 108.47
Price to Free Cash Flow
Enterprise Value to EBITDA 56205.35 154380.43 271703.50 122340.77 167819.65 323607.66 232288.35 396694.50 786261.07 195605.72 249912.62 544057.73 199688.52 306660.47 648545.85

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 691.67 71.43
Revenue YoY 5.05 9.67 17.34 5.32
EBITDA YoY -0.71 -12.62 7.74 13.60
Net Profit YoY 631.60 76.74
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 72.92 71.43 46.51 168.75 16.67
Revenue YoY 52.56 100.94 52.55 98.63 49.60 94.07 53.64 103.98 54.70 102.31
EBITDA YoY 58.06 92.62 55.00 94.19 24.60 99.83 49.24 101.45 53.33 102.65
Net Profit YoY 70.88 72.23 47.02 164.53 -60.07 29.12 161.37 335.13

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.79 0.57 1.32 2.40 1.78
Quick Ratio 1.14 1.24 1.77 3.53 2.64
Current Ratio 1.73 2.06 2.16 3.90 3.08
Debt to Equity 3.63 2.00 1.62 1.47 1.37
Long-Term Debt to Equity 3.34 1.85 1.49 1.39 1.29
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 0.82 0.73 0.46 0.85 1.33 0.52 1.41 0.59 0.54 0.82 1.00 1.34 1.70 1.76 1.78 2.44 2.17 1.59 1.61 1.77
Quick Ratio 1.77 1.58 1.21 1.14 1.89 1.36 2.36 1.24 1.42 1.57 1.95 1.77 2.41 2.85 3.26 3.53 3.82 3.19 3.11 2.64
Current Ratio 2.67 2.51 1.99 1.73 2.62 2.25 3.33 2.06 2.13 2.16 2.40 2.16 2.82 3.23 3.67 3.90 4.20 3.70 3.65 3.08
Debt to Equity 4.67 4.42 4.03 3.63 3.14 2.45 2.20 2.00 1.93 1.78 1.65 1.62 1.67 1.61 1.58 1.47 1.43 1.44 1.40 1.37
Long-Term Debt to Equity 4.44 4.21 3.79 3.34 2.94 2.31 2.07 1.85 1.80 1.66 1.54 1.49 1.56 1.52 1.50 1.39 1.35 1.37 1.33 1.29

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 4.22 0.58 0.30 -0.29 -1.67
ROE 19.56 1.74 0.77 -0.72 -3.95
Gross Margin 72.24 71.53 72.10 75.53
Operating Margin 14.99 1.26 10.28 7.33 0.91
EBITDA Margin 39.44 41.73 52.37 57.03 52.87
Net Profit Margin 13.58 1.95 1.21 -1.52 -9.61
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 3.50 2.04 1.17 2.78 1.91 0.72 -0.84 -0.75 0.34 0.31 0.24 0.09 -0.11 -0.04 -0.16
ROE 19.87 11.06 5.87 11.52 6.61 2.30 -2.44 -2.10 0.90 0.83 0.62 0.24 -0.26 -0.10 -0.38
Gross Margin 71.16 70.69 71.31 72.42 71.91 70.41 71.56 71.06 68.95 72.65 73.37 73.49 75.35 75.61 75.27
Operating Margin 27.11 25.03 27.32 23.96 22.92 24.44 -3.40 1.96 11.38 10.91 11.60 11.43 7.53 6.90 6.13
EBITDA Margin 51.01 49.24 51.36 48.51 47.75 48.84 41.44 49.75 48.32 54.11 55.71 56.41 57.52 58.03 57.94
Net Profit Margin 13.59 12.13 14.15 12.37 12.84 9.64 -3.79 -5.26 4.76 1.81 2.15 1.68 -0.75 -0.46 -3.54

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 0.00
Dividend Payout Ratio 168.06

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 2,671,471.00 2,661,775.00 2,954,011.00 3,180,795.00 3,360,949.00
   Current Assets 292,730.00 271,084.00 306,204.00 424,410.00 347,821.00
      Cash and Short-Term Investments 93,526.00 71,870.00 168,770.00 320,913.00 237,178.00
            Cash and Cash Equivalents 93,526.00 71,870.00 168,770.00 320,913.00 237,178.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 98,803.00 91,715.00 82,273.00 63,410.00 61,151.00
      Inventory 81,283.00 91,135.00 39,776.00 29,044.00 32,480.00
      Other Current Assets 19,118.00 16,364.00 15,385.00 11,043.00 17,012.00
   Non-Current Assets 2,378,741.00 2,390,691.00 2,647,807.00 2,756,385.00 3,013,128.00
      Property, Plant, Equipment Net 2,094,829.00 2,211,891.00 2,433,305.00 2,682,705.00 2,941,050.00
      Goodwill 98,186.00 0 0 0 0
      Intangible Assets 90,877.00 41,095.00 42,577.00 43,999.00 45,504.00
      Long-Term Investments 42,516.00 67,130.00 49,853.00 0 0
      Non-Current Deferred Assets 1,800.00 1,800.00 1,700.00 0 3,900.00
      Other Non-Current Assets 50,533.00 68,775.00 120,372.00 29,681.00 22,674.00
Liabilities 2,094,834.00 1,773,676.00 1,825,456.00 1,892,848.00 1,941,510.00
   Current Liabilities 169,214.00 131,554.00 141,577.00 108,836.00 113,072.00
      Payables and Expenses 84,526.00 83,497.00 89,335.00 64,318.00 63,894.00
            Account Payables 19,715.00 28,671.00 21,372.00 16,196.00 14,636.00
            Current Accrued Liabilities 64,811.00 54,826.00 67,963.00 48,122.00 49,258.00
      Short-Term Debt 33,118.00 15,000.00 16,500.00 16,500.00 16,766.00
      Other Current Liabilities 51,570.00 33,057.00 35,742.00 28,018.00 32,412.00
   Non-Current Liabilities 1,925,620.00 1,642,122.00 1,683,879.00 1,784,012.00 1,828,438.00
      Long-Term Debt 11,059.00 14,087.00 1,470,685.00 1,581,516.00 1,596,893.00
      Other Non-Current Liabilities 1,914,561.00 1,628,035.00 213,194.00 202,496.00 231,545.00
Equity 576,637.00 888,099.00 1,128,555.00 1,287,947.00 1,419,439.00
   Shareholders Equity 576,637.00 888,099.00 1,128,555.00 1,287,947.00 1,419,439.00
      Capital Stock 110.00 123.00 126.00 131.00 134.00
      Share Premium 964,348.00 1,089,466.00 1,124,610.00 1,154,058.00 1,160,570.00
      Retained Earnings -406,092.00 -235,397.00 -47,744.00 140,810.00 275,915.00
      Treasury Shares 1,000.00 1,000.00 0 0 0
      Accumulated Other Comprehensive Income 18,271.00 33,907.00 51,563.00 -7,052.00 -17,180.00
   Minority Interest 0 0 0 0 0
Investments 42,516.00 67,130.00 49,853.00 0 7,548.00
Debt 3,581,785.00 2,964,990.00 1,487,185.00 1,598,016.00 1,613,659.00
Net Debt 3,488,259.00 2,893,120.00 1,318,415.00 1,277,103.00 1,376,481.00
Common Shares Outstanding 110,357.00 122,775.82 125,901.78 131,341.84 134,055.76
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 830,682.00 790,723.00 721,034.00 614,500.00 583,439.00
Cost Of Revenue 230,567.00 225,120.00 201,149.00 150,396.00 0
Gross Profit 600,115.00 565,603.00 519,885.00 464,104.00 0
Operating Expenses 399,731.00 483,975.00 443,206.00 417,790.00 0
   Selling, General and Administrative Expenses 168,182.00 143,706.00 123,504.00 100,474.00 90,052.00
   Research and Development Expenses 28,422.00 20,269.00 16,218.00 11,885.00 12,037.00
   Other Operating Expenses 203,127.00 320,000.00 303,484.00 305,431.00 0
Operating Income 200,384.00 81,628.00 76,679.00 46,314.00 35,483.00
Net Non-Operating Income -90,600.00 -86,375.00 -67,665.00 -75,202.00 -124,447.00
Interest Income -76,434.00 -75,687.00 0 0 0
Interest Expense 14,700.00 14,700.00 65,089.00 73,906.00 94,271.00
Net Interest -91,134.00 -90,387.00 -65,089.00 -73,906.00 -94,271.00
EBT 109,784.00 -4,747.00 9,014.00 -28,888.00 -88,964.00
Income Tax 12,259.00 26,251.00 292.00 19,569.00 32,910.00
Equity Method Investments Income 15,251.00 -6,089.00 -1,496.00 0 0
Net Income 112,776.00 15,415.00 8,722.00 -9,319.00 -56,054.00
EBIT 124,484.00 9,953.00 74,103.00 45,018.00 5,307.00
Deprecation and Amortization 203,127.00 320,000.00 303,484.00 305,431.00 303,174.00
EBITDA 327,611.00 329,953.00 377,587.00 350,449.00 308,481.00
EPS 0.00 0.00 0.00 0 0
Diluted EPS 0.00 0 0 0 0
Average Shares Outstanding Basic 118,566.00 125,598.00 128,255.00 133,530.00 133,491.00
Average Shares Outstanding Diluted 119,792.00 127,215.00 130,134.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 375,955.00 314,913.00 344,729.00 302,874.00 249,767.00
   Operating Net Income 112,776.00 15,415.00 8,722.00 -9,319.00 -56,054.00
   Deprecation and Amortization 203,127.00 320,000.00 303,484.00 305,431.00 303,174.00
   Deferred Income Tax 6,560.00 -31,828.00 -1,189.00 -21,314.00 -33,684.00
   Share Based Compensation 63,457.00 57,455.00 43,732.00 26,782.00 16,714.00
   Change in Working Capital -19,770.00 55,672.00 35,490.00 -18,764.00 -42,732.00
   Other Operating Activities 9,805.00 -101,801.00 -45,510.00 20,058.00 62,349.00
Investing Cash Flow -180,603.00 -83,487.00 -121,267.00 -36,382.00 -46,470.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 69,890.00 73,487.00 71,267.00 42,147.00 38,689.00
   Net Purchase/Sale of Investments Net 110,713.00 0 0 9,035.00 152.00
   Net Purchase/Sale of Business 0 10,000.00 50,000.00 0 0
   Other Investing Activities -361,206.00 -166,974.00 -242,534.00 -87,564.00 -85,311.00
Financing Cash Flow -170,481.00 -327,052.00 -374,980.00 -182,469.00 -188,186.00
   Net Issuance/Repayment of Debt -114,194.00 -72,315.00 -116,500.00 -16,500.00 585,451.00
   Net Issuance/Repurchase of Equity 411,166.00 250,977.00 260,931.00 170,885.00 12,715.00
   Dividends Paid 64,700.00 64,774.00 0 0 0
   Other Financing Activities -532,153.00 -570,488.00 -519,411.00 -336,854.00 -786,352.00
Net Change in Cash 21,656.00 -96,900.00 -152,143.00 83,735.00 13,617.00
   Cash at Beginning of Period 71,870.00 168,770.00 320,913.00 237,178.00 223,561.00
   Cash at End of Period 93,526.00 71,870.00 168,770.00 320,913.00 237,178.00
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 2,554,050.00 2,568,111.00 2,610,341.00 2,671,471.00 2,751,191.00 2,717,656.00 2,735,958.00 2,661,775.00 2,705,714.00 2,780,468.00 2,871,650.00 2,954,011.00 3,062,592.00 3,076,783.00 3,077,128.00 3,180,795.00 3,205,973.00 3,201,094.00 3,266,558.00 3,360,949.00
   Current Assets 275,962.00 255,421.00 256,754.00 292,730.00 354,869.00 264,416.00 376,792.00 271,084.00 252,931.00 268,682.00 278,725.00 306,204.00 358,226.00 342,823.00 351,423.00 424,410.00 392,570.00 321,782.00 322,313.00 347,821.00
      Cash and Short-Term Investments 88,533.00 79,309.00 50,899.00 93,526.00 159,588.00 63,541.00 174,025.00 71,870.00 67,877.00 103,456.00 126,592.00 168,770.00 218,762.00 227,197.00 232,015.00 320,913.00 287,004.00 213,408.00 214,835.00 237,178.00
            Cash and Cash Equivalents 88,533.00 79,309.00 50,899.00 93,526.00 159,588.00 63,541.00 174,025.00 71,870.00 67,877.00 103,456.00 126,592.00 168,770.00 218,762.00 227,197.00 232,015.00 320,913.00 287,004.00 213,408.00 214,835.00 237,178.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 94,494.00 81,045.00 105,445.00 98,803.00 96,457.00 96,189.00 93,025.00 91,715.00 100,718.00 92,147.00 100,636.00 82,273.00 86,847.00 75,006.00 80,055.00 63,410.00 70,390.00 63,958.00 59,895.00 61,151.00
      Inventory 76,187.00 77,409.00 80,685.00 81,283.00 82,228.00 85,815.00 92,538.00 91,135.00 71,136.00 55,762.00 37,335.00 39,776.00 39,222.00 27,793.00 28,241.00 29,044.00 23,388.00 28,294.00 30,015.00 32,480.00
      Other Current Assets 16,748.00 17,658.00 19,725.00 19,118.00 16,596.00 18,871.00 17,204.00 16,364.00 13,200.00 17,317.00 14,162.00 15,385.00 13,395.00 12,827.00 11,112.00 11,043.00 11,788.00 16,122.00 17,568.00 17,012.00
   Non-Current Assets 2,278,088.00 2,312,690.00 2,353,587.00 2,378,741.00 2,396,322.00 2,453,240.00 2,359,166.00 2,390,691.00 2,452,783.00 2,511,786.00 2,592,925.00 2,647,807.00 2,704,366.00 2,733,960.00 2,725,705.00 2,756,385.00 2,813,403.00 2,879,312.00 2,944,245.00 3,013,128.00
      Property, Plant, Equipment Net 1,993,124.00 2,019,427.00 2,050,815.00 2,094,829.00 2,099,544.00 2,126,618.00 2,158,250.00 2,211,891.00 2,229,188.00 2,290,988.00 2,383,570.00 2,433,305.00 2,480,296.00 2,541,155.00 2,595,666.00 2,682,705.00 2,720,281.00 2,785,812.00 2,851,145.00 2,941,050.00
      Goodwill 98,942.00 98,942.00 98,942.00 98,186.00 100,333.00 100,333.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 87,915.00 88,902.00 89,889.00 90,877.00 93,243.00 95,610.00 40,977.00 41,095.00 41,407.00 41,933.00 42,187.00 42,577.00 42,835.00 43,223.00 43,611.00 43,999.00 44,361.00 44,748.00 45,117.00 45,504.00
      Long-Term Investments 79,451.00 80,912.00 82,601.00 42,516.00 85,188.00 86,334.00 130,356.00 67,130.00 136,863.00 139,855.00 143,218.00 49,853.00 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 1,800.00 0 0 0 1,800.00 0 0 0 1,700.00 0 0 0 0 0 0 0 3,900.00
      Other Non-Current Assets 18,656.00 24,507.00 31,340.00 50,533.00 18,014.00 44,345.00 29,583.00 68,775.00 45,325.00 39,010.00 23,950.00 120,372.00 181,235.00 149,582.00 86,428.00 29,681.00 48,761.00 48,752.00 47,983.00 22,674.00
Liabilities 2,103,553.00 2,094,496.00 2,091,896.00 2,094,834.00 2,087,434.00 1,930,957.00 1,882,273.00 1,773,676.00 1,780,712.00 1,780,275.00 1,786,060.00 1,825,456.00 1,917,495.00 1,895,679.00 1,885,352.00 1,892,848.00 1,884,192.00 1,886,916.00 1,902,780.00 1,941,510.00
   Current Liabilities 103,249.00 101,815.00 129,315.00 169,214.00 135,314.00 117,506.00 113,001.00 131,554.00 119,003.00 124,241.00 116,321.00 141,577.00 126,836.00 105,990.00 95,686.00 108,836.00 93,464.00 86,914.00 88,317.00 113,072.00
      Payables and Expenses 61,723.00 56,105.00 55,338.00 84,526.00 69,321.00 59,603.00 65,482.00 83,497.00 73,675.00 73,828.00 67,076.00 89,335.00 74,514.00 54,673.00 50,274.00 64,318.00 50,721.00 46,274.00 44,412.00 63,894.00
            Account Payables 13,152.00 11,551.00 11,421.00 19,715.00 13,561.00 15,026.00 22,554.00 28,671.00 14,440.00 24,848.00 23,674.00 21,372.00 28,448.00 14,114.00 15,099.00 16,196.00 10,927.00 9,866.00 9,909.00 14,636.00
            Current Accrued Liabilities 48,571.00 44,554.00 43,917.00 64,811.00 55,760.00 44,577.00 42,928.00 54,826.00 59,235.00 48,980.00 43,402.00 67,963.00 46,066.00 40,559.00 35,175.00 48,122.00 39,794.00 36,408.00 34,503.00 49,258.00
      Short-Term Debt 0 0 28,553.00 33,118.00 18,260.00 16,250.00 16,250.00 15,000.00 11,250.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 16,500.00 15,921.00 16,500.00 16,766.00
      Other Current Liabilities 41,526.00 45,710.00 45,424.00 51,570.00 47,733.00 41,653.00 31,269.00 33,057.00 34,078.00 33,913.00 32,745.00 35,742.00 35,822.00 34,817.00 28,912.00 28,018.00 26,243.00 24,719.00 27,405.00 32,412.00
   Non-Current Liabilities 2,000,304.00 1,992,681.00 1,962,581.00 1,925,620.00 1,952,120.00 1,813,451.00 1,769,272.00 1,642,122.00 1,661,709.00 1,656,034.00 1,669,739.00 1,683,879.00 1,790,659.00 1,789,689.00 1,789,666.00 1,784,012.00 1,790,728.00 1,800,002.00 1,814,463.00 1,828,438.00
      Long-Term Debt 1,809,843.00 1,809,169.00 1,778,414.00 11,059.00 1,776,513.00 1,634,714.00 1,587,507.00 14,087.00 1,470,674.00 1,464,536.00 1,467,601.00 1,470,685.00 1,572,526.00 1,575,509.00 1,578,503.00 1,581,516.00 1,584,511.00 1,590,755.00 1,593,955.00 1,596,893.00
      Other Non-Current Liabilities 190,461.00 183,512.00 184,167.00 1,914,561.00 175,607.00 178,737.00 181,765.00 1,628,035.00 191,035.00 191,498.00 202,138.00 213,194.00 218,133.00 214,180.00 211,163.00 202,496.00 206,217.00 209,247.00 220,508.00 231,545.00
Equity 450,497.00 473,615.00 518,445.00 576,637.00 663,757.00 786,699.00 853,685.00 888,099.00 925,002.00 1,000,193.00 1,085,590.00 1,128,555.00 1,145,097.00 1,181,104.00 1,191,776.00 1,287,947.00 1,321,781.00 1,314,178.00 1,363,778.00 1,419,439.00
   Shareholders Equity 450,497.00 473,615.00 518,445.00 576,637.00 663,757.00 786,699.00 853,685.00 888,099.00 925,002.00 1,000,193.00 1,085,590.00 1,128,555.00 1,145,097.00 1,181,104.00 1,191,776.00 1,287,947.00 1,321,781.00 1,314,178.00 1,363,778.00 1,419,439.00
      Capital Stock 105.00 106.00 109.00 110.00 114.00 119.00 122.00 123.00 124.00 125.00 126.00 126.00 126.00 127.00 128.00 131.00 132.00 132.00 133.00 134.00
      Share Premium 889,398.00 910,880.00 930,311.00 964,348.00 1,003,736.00 1,043,691.00 1,069,638.00 1,089,466.00 1,105,245.00 1,118,623.00 1,126,586.00 1,124,610.00 1,125,700.00 1,128,103.00 1,126,514.00 1,154,058.00 1,155,414.00 1,146,160.00 1,152,569.00 1,160,570.00
      Retained Earnings -443,419.00 -446,674.00 -425,224.00 -406,092.00 -355,471.00 -292,178.00 -256,319.00 -235,397.00 -233,593.00 -170,482.00 -83,120.00 -47,744.00 -37,763.00 21,011.00 42,919.00 140,810.00 176,464.00 180,563.00 225,170.00 275,915.00
      Treasury Shares 0 0 0 1,000.00 700.00 0 1,000.00 1,000.00 900.00 0 0 0 3,700.00 0 0 0 0 0 100.00 0
      Accumulated Other Comprehensive Income 4,413.00 9,303.00 13,249.00 18,271.00 15,378.00 35,067.00 40,244.00 33,907.00 53,226.00 51,927.00 41,998.00 51,563.00 57,034.00 31,863.00 22,215.00 -7,052.00 -10,229.00 -12,677.00 -14,094.00 -17,180.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 79,451.00 80,912.00 82,601.00 42,516.00 85,188.00 86,334.00 130,356.00 67,130.00 136,863.00 139,855.00 143,218.00 49,853.00 0 0 0 0 2,002.00 5,986.00 7,481.00 7,548.00
Debt 1,809,843.00 1,809,169.00 1,806,967.00 3,581,785.00 1,794,773.00 1,650,964.00 1,603,757.00 2,964,990.00 1,481,924.00 1,481,036.00 1,484,101.00 1,487,185.00 1,589,026.00 1,592,009.00 1,595,003.00 1,598,016.00 1,601,011.00 1,606,676.00 1,610,455.00 1,613,659.00
Net Debt 1,721,310.00 1,729,860.00 1,756,068.00 3,488,259.00 1,635,185.00 1,587,423.00 1,429,732.00 2,893,120.00 1,414,047.00 1,377,580.00 1,357,509.00 1,318,415.00 1,370,264.00 1,364,812.00 1,362,988.00 1,277,103.00 1,314,007.00 1,393,268.00 1,395,620.00 1,376,481.00
Common Shares Outstanding 0 0 0 110,357.00 0 0 0 122,775.82 0 0 125,924.00 125,901.78 125,759.00 127,179.00 128,031.00 131,341.84 132,188.00 131,928.00 133,476.00 134,055.76
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 658,719.00 431,784.00 214,878.00 -395,782.00 617,691.00 404,920.00 203,853.00 -408,914.00 595,983.00 398,381.00 205,273.00 -317,521.00 527,198.00 343,138.00 168,219.00 -287,102.00 458,613.00 296,454.00 146,535.00
Cost Of Revenue 189,982.00 126,558.00 61,654.00 -113,857.00 170,356.00 113,739.00 60,329.00 -123,419.00 169,506.00 115,289.00 63,744.00 -79,026.00 144,178.00 91,394.00 44,603.00 -71,163.00 113,027.00 72,297.00 36,235.00
Gross Profit 468,737.00 305,226.00 153,224.00 -281,925.00 447,335.00 291,181.00 143,524.00 -285,495.00 426,477.00 283,092.00 141,529.00 -238,495.00 383,020.00 251,744.00 123,616.00 -215,939.00 345,586.00 224,157.00 110,300.00
Operating Expenses 288,006.00 194,580.00 92,836.00 -190,852.00 299,066.00 197,764.00 93,753.00 -301,466.00 391,145.00 275,915.00 118,381.00 -198,003.00 325,114.00 211,712.00 104,383.00 -196,986.00 309,946.00 203,546.00 101,284.00
   Selling, General and Administrative Expenses 115,887.00 80,380.00 35,752.00 -79,650.00 127,487.00 83,534.00 36,811.00 -80,392.00 109,391.00 76,023.00 38,684.00 -44,269.00 86,905.00 54,765.00 26,103.00 -41,334.00 72,524.00 46,627.00 22,657.00
   Research and Development Expenses 14,640.00 9,696.00 5,417.00 -12,385.00 19,899.00 13,710.00 7,198.00 -7,654.00 14,541.00 9,504.00 3,878.00 -2,476.00 10,470.00 5,605.00 2,619.00 -4,329.00 8,156.00 5,341.00 2,717.00
   Other Operating Expenses 157,479.00 104,504.00 51,667.00 -98,817.00 151,680.00 100,520.00 49,744.00 -213,420.00 267,213.00 190,388.00 75,819.00 -151,258.00 227,739.00 151,342.00 75,661.00 -151,323.00 229,266.00 151,578.00 75,910.00
Operating Income 180,731.00 110,646.00 60,388.00 -91,073.00 148,269.00 93,417.00 49,771.00 15,971.00 35,332.00 7,177.00 23,148.00 -40,492.00 57,906.00 40,032.00 19,233.00 -18,953.00 35,640.00 20,611.00 9,016.00
Net Non-Operating Income -69,353.00 -47,132.00 -23,509.00 44,080.00 -68,997.00 -45,063.00 -20,620.00 37,563.00 -70,292.00 -35,975.00 -17,671.00 23,868.00 -47,363.00 -29,585.00 -14,585.00 47,255.00 -59,117.00 -40,543.00 -22,797.00
Interest Income 0 0 0 -76,434.00 0 0 0 -19,114.00 -56,573.00 0 0 0 0 0 0 0 0 0 0
Interest Expense 67,169.00 44,576.00 21,824.00 -119,129.00 68,706.00 44,460.00 20,663.00 -54,503.00 14,700.00 36,613.00 17,890.00 -25,834.00 46,989.00 29,357.00 14,577.00 -47,275.00 58,013.00 40,399.00 22,769.00
Net Interest -67,169.00 -44,576.00 -21,824.00 42,695.00 -68,706.00 -44,460.00 -20,663.00 35,389.00 -71,273.00 -36,613.00 -17,890.00 25,834.00 -46,989.00 -29,357.00 -14,577.00 47,275.00 -58,013.00 -40,399.00 -22,769.00
EBT 111,378.00 63,514.00 36,879.00 -46,993.00 79,272.00 48,354.00 29,151.00 53,534.00 -34,960.00 -28,798.00 5,477.00 -16,624.00 10,543.00 10,447.00 4,648.00 28,302.00 -23,477.00 -19,932.00 -13,781.00
Income Tax 19,629.00 9,626.00 5,819.00 -26,669.00 18,501.00 12,496.00 7,931.00 -6,539.00 16,673.00 10,664.00 5,453.00 -5,611.00 1,013.00 3,066.00 1,824.00 -27,653.00 20,042.00 18,582.00 8,598.00
Equity Method Investments Income -2,242.00 -1,508.00 -648.00 -14,977.00 15,664.00 16,131.00 -1,567.00 2,219.00 -4,321.00 -2,832.00 -1,155.00 -1,496.00 0 0 0 0 0 0 0
Net Income 89,507.00 52,380.00 30,412.00 -35,301.00 76,435.00 51,989.00 19,653.00 49,214.00 -22,608.00 -20,966.00 9,775.00 -11,013.00 9,530.00 7,381.00 2,824.00 649.00 -3,435.00 -1,350.00 -5,183.00
EBIT 178,547.00 108,090.00 58,703.00 -166,122.00 147,978.00 92,814.00 49,814.00 -969.00 -20,260.00 7,815.00 23,367.00 -42,458.00 57,532.00 39,804.00 19,225.00 -18,973.00 34,536.00 20,467.00 8,988.00
Deprecation and Amortization 157,479.00 104,504.00 51,667.00 -98,817.00 151,680.00 100,520.00 49,744.00 -213,420.00 267,213.00 190,388.00 75,819.00 -151,258.00 227,739.00 151,342.00 75,661.00 -151,323.00 229,266.00 151,578.00 75,910.00
EBITDA 336,026.00 212,594.00 110,370.00 -264,939.00 299,658.00 193,334.00 99,558.00 -214,389.00 246,953.00 198,203.00 99,186.00 -193,716.00 285,271.00 191,146.00 94,886.00 -170,296.00 263,802.00 172,045.00 84,898.00
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 0.00 0 0 0
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.00 0 0 0.00 0.00 0.00 0 0.00 0 0 0
Average Shares Outstanding Basic 108,160.00 108,779.00 109,759.00 108,846.00 120,390.00 121,877.00 123,151.00 122,665.00 126,100.00 126,569.00 127,058.00 124,567.00 128,800.00 129,355.00 130,298.00 399,905.00 0 134,215.00 0
Average Shares Outstanding Diluted 108,846.00 109,498.00 110,671.00 111,211.00 121,261.00 122,703.00 123,993.00 127,453.00 126,100.00 126,569.00 128,738.00 127,599.00 130,284.00 130,811.00 131,842.00 44,738.33 0 134,215.00 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 291,478.00 190,696.00 61,081.00 -119,177.00 271,166.00 152,540.00 71,426.00 -137,125.00 227,106.00 155,990.00 68,942.00 -141,064.00 254,458.00 165,565.00 65,770.00 -86,996.00 213,137.00 125,967.00 50,766.00
   Operating Net Income 89,507.00 52,380.00 30,412.00 -35,301.00 76,435.00 51,989.00 19,653.00 49,214.00 -22,608.00 -20,966.00 9,775.00 -11,013.00 9,530.00 7,381.00 2,824.00 649.00 -3,435.00 -1,350.00 -5,183.00
   Deprecation and Amortization 157,479.00 104,504.00 51,667.00 -98,817.00 151,680.00 100,520.00 49,744.00 -213,420.00 267,213.00 190,388.00 75,819.00 -151,258.00 227,739.00 151,342.00 75,661.00 -151,323.00 229,266.00 151,578.00 75,910.00
   Deferred Income Tax 15,782.00 6,741.00 4,148.00 -25,198.00 14,676.00 10,297.00 6,785.00 13,267.00 -20,753.00 -18,405.00 -5,937.00 -4,427.00 -286.00 2,364.00 1,160.00 26,980.00 -20,521.00 -18,922.00 -8,851.00
   Share Based Compensation 43,992.00 30,837.00 11,748.00 -34,916.00 51,026.00 33,347.00 14,000.00 -30,370.00 45,502.00 29,557.00 12,766.00 -14,058.00 31,626.00 17,924.00 8,240.00 -10,750.00 20,087.00 12,539.00 4,906.00
   Change in Working Capital -42,719.00 -44,688.00 -9,612.00 47,628.00 -39,527.00 -22,369.00 -5,502.00 -9,845.00 31,206.00 24,636.00 9,675.00 -38,888.00 47,866.00 10,491.00 16,021.00 34,876.00 -19,123.00 -18,687.00 -15,830.00
   Other Operating Activities 27,437.00 40,922.00 -27,282.00 27,427.00 16,876.00 -21,244.00 -13,254.00 54,029.00 -73,454.00 -49,220.00 -33,156.00 78,580.00 -62,017.00 -23,937.00 -38,136.00 12,572.00 6,863.00 809.00 -186.00
Investing Cash Flow -66,791.00 -45,256.00 -24,546.00 128,015.00 -156,335.00 -137,719.00 -14,564.00 71,990.00 -67,285.00 -55,287.00 -32,905.00 68,075.00 -94,756.00 -81,018.00 -13,568.00 15,716.00 -23,744.00 -18,937.00 -9,417.00
   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 66,791.00 45,256.00 24,546.00 -17,302.00 45,622.00 27,006.00 14,564.00 -51,990.00 57,285.00 45,287.00 22,905.00 -18,075.00 44,756.00 31,018.00 13,568.00 -14,515.00 28,016.00 19,229.00 9,417.00
   Net Purchase/Sale of Investments Net 0 0 0 110,713.00 0 0 0 0 0 0 0 0 0 0 0 -41.00 6,528.00 2,548.00 0
   Net Purchase/Sale of Business 0 0 0 0 110,713.00 110,713.00 0 -20,000.00 10,000.00 10,000.00 10,000.00 -50,000.00 50,000.00 50,000.00 0 0 0 0 0
   Other Investing Activities -133,582.00 -90,512.00 -49,092.00 256,030.00 -312,670.00 -275,438.00 -29,128.00 143,980.00 -134,570.00 -110,574.00 -65,810.00 136,150.00 -189,512.00 -162,036.00 -27,136.00 30,272.00 -58,288.00 -40,714.00 -18,834.00
Financing Cash Flow -232,428.00 -162,608.00 -81,063.00 -167,005.00 -26,155.00 -22,845.00 45,524.00 174,221.00 -258,371.00 -164,941.00 -77,961.00 210,907.00 -263,793.00 -180,768.00 -141,326.00 151,748.00 -139,731.00 -131,222.00 -63,264.00
   Net Issuance/Repayment of Debt 16,976.00 16,976.00 15,435.00 104,562.00 -109,629.00 -105,064.00 -4,063.00 12,375.00 -72,315.00 -8,250.00 -4,125.00 -91,750.00 -12,375.00 -8,250.00 -4,125.00 188,114.00 -191,660.00 -8,829.00 -4,125.00
   Net Issuance/Repurchase of Equity 187,571.00 136,915.00 71,251.00 -93,034.00 287,475.00 157,407.00 59,318.00 -127,222.00 198,889.00 123,443.00 55,867.00 -295,558.00 251,966.00 169,834.00 134,689.00 -152,426.00 132,299.00 127,283.00 63,729.00
   Dividends Paid 46,865.00 30,794.00 15,667.00 -33,226.00 49,103.00 32,768.00 16,055.00 -284.00 48,799.00 32,687.00 -16,428.00 0 0 0 0 0 0 0 0
   Other Financing Activities -483,840.00 -347,293.00 -183,416.00 -145,307.00 -253,104.00 -107,956.00 -25,786.00 289,352.00 -433,744.00 -312,821.00 -113,275.00 598,215.00 -503,384.00 -342,352.00 -271,890.00 116,060.00 -80,370.00 -249,676.00 -122,868.00
Net Change in Cash -4,993.00 -14,217.00 -42,627.00 -159,888.00 87,718.00 -8,329.00 102,155.00 111,485.00 -100,893.00 -65,314.00 -42,178.00 132,622.00 -102,151.00 -93,716.00 -88,898.00 80,022.00 49,826.00 -23,770.00 -22,343.00
   Cash at Beginning of Period 93,526.00 93,526.00 93,526.00 253,414.00 71,870.00 71,870.00 71,870.00 -39,615.00 168,770.00 168,770.00 168,770.00 36,148.00 320,913.00 320,913.00 320,913.00 240,891.00 237,178.00 237,178.00 237,178.00
   Cash at End of Period 88,533.00 79,309.00 50,899.00 93,526.00 159,588.00 63,541.00 174,025.00 71,870.00 67,877.00 103,456.00 126,592.00 168,770.00 218,762.00 227,197.00 232,015.00 320,913.00 287,004.00 213,408.00 214,835.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0