Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -3.42 -5.97 -5.79 -24.98 -2.98
Price to Sales 0.29 0.19 0.23 0.75 1.36
Book Value Per Common Share 14.97 19.68 10.90 12.03 12.50
Price to Book 0.53 0.28 0.59 1.18 1.16
Price to Operating Cash Flow 18.89 4.62 5.53 2.76 -5.91
Price to Free Cash Flow
Enterprise Value to EBITDA 225620.59 64007.87 136726.39 161024.59
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 -4.17 -5.35 -8.17 -3.01 -3.01 -3.52 -7.30 -55.38 -12.55 -5.53 -6.07 -18.92 -89.94 -28.93 -26.08
Price to Sales 0.26 0.34 0.80 0.33 0.45 1.14 0.21 0.60 1.02 0.32 0.65 2.76 1.16 2.39 8.78
Book Value Per Common Share 12.48 13.25 13.82 14.97 15.23 15.54 15.48 19.68 20.53 21.31 10.25 10.90 21.63 21.27 11.21 12.03 12.42 11.99 11.72 12.50
Price to Book 0.39 0.32 0.35 0.53 0.43 0.39 0.48 0.28 0.22 0.42 0.71 0.59 0.31 0.39 1.33 1.18 1.23 1.40 1.74 1.16
Price to Operating Cash Flow -12.51 -1510.71 14.96 14.13 11.06 12.36 3.15 4.44 5.89 6.69 9.04 19.40 2.77 3.22 36.35
Price to Free Cash Flow
Enterprise Value to EBITDA 45703.07 57262.27 379668.73 64431.11 115346.72 161021.67

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -3.49 4.99 51.70 104.16
EBITDA YoY -58.16 89.68 -45.23
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 51.65 110.09 51.00 109.91 47.66 112.07 61.28 140.84 88.31 204.50
EBITDA YoY 45.72 497.78 -96.06 -7.03
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 10.43 4.71 4.30 8.94 11.17
Quick Ratio 1.02 0.52 0.46 0.89 1.20
Current Ratio 1.10 0.60 0.51 0.95 1.25
Debt to Equity 2.19 1.08 2.66 2.54 2.39
Long-Term Debt to Equity 1.45 0.53 1.61 1.66 1.72
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 7.21 8.48 9.90 10.23 11.55 4.34 4.60 4.62 4.15 5.02 4.69 4.26 6.46 7.69 8.69 8.88 10.36 11.73 10.20 9.81
Quick Ratio 0.71 0.79 0.93 1.02 1.14 0.47 0.48 0.52 0.46 0.51 0.47 0.46 0.61 0.68 0.75 0.89 0.98 1.01 1.08 1.20
Current Ratio 0.82 0.88 1.01 1.10 1.21 0.54 0.54 0.60 0.53 0.57 0.52 0.51 0.67 0.74 0.81 0.95 1.03 1.06 1.15 1.25
Debt to Equity 2.66 2.50 2.49 2.19 2.15 1.59 1.61 1.08 0.96 0.90 2.92 2.66 0.90 0.97 2.84 2.54 2.56 2.78 2.68 2.39
Long-Term Debt to Equity 1.73 1.61 1.65 1.45 1.44 0.87 0.84 0.53 0.42 0.35 1.73 1.61 0.35 0.38 1.72 1.66 1.66 1.74 1.83 1.72

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -4.72 -2.24 -2.78 -1.33 -10.10
ROE -15.05 -4.65 -10.16 -4.73 -34.27
Gross Margin 66.66 63.57 58.91 64.17 63.68
Operating Margin -5.73 -3.40 -4.70 -4.26 -64.02
EBITDA Margin 1.33 3.06 1.69 4.69 -45.92
Net Profit Margin -8.57 -3.22 -3.95 -3.01 -45.79
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 -2.56 -1.67 -1.22 -4.52 -4.94 -5.22 -1.54 -0.40 -1.45 -2.90 -3.27 -1.85 -0.38 -1.27 -1.81
ROE -9.36 -5.85 -4.25 -14.21 -12.81 -13.60 -3.02 -0.76 -5.69 -5.51 -6.43 -7.09 -1.34 -4.80 -6.65
Gross Margin 68.86 69.22 67.80 65.35 64.55 63.01 63.77 64.47 58.89 58.48 56.59 58.01 63.86 61.07 54.57
Operating Margin -1.76 -1.56 -5.75 -8.55 -13.39 -34.72 -3.07 -1.01 -11.43 -6.48 -13.04 -22.81 -2.28 -12.99 -47.34
EBITDA Margin 5.75 5.98 2.10 -1.60 -6.45 -27.57 3.26 5.19 -4.94 -0.03 -6.15 -14.57 7.19 -1.43 -30.29
Net Profit Margin -6.23 -6.27 -9.72 -10.73 -14.90 -32.41 -2.84 -1.09 -8.25 -5.72 -10.60 -14.69 -1.26 -8.20 -33.70

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 16,841,000.00 13,853,000.00 13,045,000.00 13,642,000.00 13,406,000.00
   Current Assets 4,258,000.00 2,160,000.00 1,916,000.00 3,247,000.00 3,345,000.00
      Cash and Short-Term Investments 3,610,000.00 1,567,000.00 1,392,000.00 2,842,000.00 3,100,000.00
            Cash and Cash Equivalents 1,921,000.00 1,166,000.00 1,042,000.00 2,018,000.00 1,918,000.00
            Short-Term Investments 1,689,000.00 401,000.00 350,000.00 824,000.00 1,135,000.00
      Net Receivables 348,000.00 336,000.00 317,000.00 207,000.00 98,000.00
      Inventory 158,000.00 109,000.00 87,000.00 74,000.00 71,000.00
      Other Current Assets 142,000.00 148,000.00 120,000.00 124,000.00 76,000.00
   Non-Current Assets 12,583,000.00 11,693,000.00 11,129,000.00 10,395,000.00 10,061,000.00
      Property, Plant, Equipment Net 12,548,000.00 11,578,000.00 11,121,000.00 10,748,000.00 10,405,000.00
      Goodwill 0 0 0 0 0
      Intangible Assets 399,000.00 349,000.00 298,000.00 284,000.00 261,000.00
      Long-Term Investments 336,000.00 163,000.00 172,000.00 39,000.00 2,000.00
      Non-Current Deferred Assets 242,000.00 220,000.00 271,000.00 301,000.00 161,000.00
      Other Non-Current Assets -942,000.00 -617,000.00 -733,000.00 -977,000.00 -768,000.00
Liabilities 11,557,000.00 7,183,000.00 9,482,000.00 9,793,000.00 9,455,000.00
   Current Liabilities 3,881,000.00 3,628,000.00 3,748,000.00 3,417,000.00 2,674,000.00
      Payables and Expenses 1,824,000.00 1,741,000.00 1,516,000.00 1,338,000.00 989,000.00
            Account Payables 619,000.00 641,000.00 532,000.00 499,000.00 365,000.00
            Current Accrued Liabilities 1,205,000.00 1,100,000.00 984,000.00 839,000.00 624,000.00
      Short-Term Debt 485,000.00 424,000.00 651,000.00 461,000.00 563,000.00
      Other Current Liabilities 1,572,000.00 1,463,000.00 1,581,000.00 1,618,000.00 1,122,000.00
   Non-Current Liabilities 7,676,000.00 3,555,000.00 5,734,000.00 6,376,000.00 6,781,000.00
      Long-Term Debt 8,657,000.00 4,956,000.00 3,732,000.00 4,341,000.00 5,165,000.00
      Other Non-Current Liabilities -981,000.00 -1,401,000.00 2,002,000.00 2,035,000.00 1,616,000.00
Equity 5,284,000.00 6,670,000.00 3,563,000.00 3,849,000.00 3,951,000.00
   Shareholders Equity 5,284,000.00 6,670,000.00 3,563,000.00 3,849,000.00 3,951,000.00
      Capital Stock 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
      Share Premium 3,320,000.00 3,221,000.00 3,129,000.00 3,047,000.00 2,959,000.00
      Retained Earnings 1,319,000.00 2,114,000.00 2,424,000.00 2,786,000.00 2,968,000.00
      Treasury Shares 2,005,000.00 1,999,000.00 1,995,000.00 1,989,000.00 1,981,000.00
      Accumulated Other Comprehensive Income 2,000.00 -4,000.00 0 0 0
   Minority Interest 0 0 0 0 0
Investments 2,025,000.00 564,000.00 522,000.00 863,000.00 1,137,000.00
Debt 9,142,000.00 5,380,000.00 4,383,000.00 4,802,000.00 5,728,000.00
Net Debt 5,532,000.00 3,813,000.00 2,991,000.00 1,960,000.00 2,628,000.00
Common Shares Outstanding 353,000.00 339,000.00 327,000.00 320,000.00 316,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 9,279,000.00 9,615,000.00 9,158,000.00 6,037,000.00 2,957,000.00
Cost Of Revenue 3,094,000.00 3,503,000.00 3,763,000.00 2,163,000.00 1,074,000.00
Gross Profit 6,185,000.00 6,112,000.00 5,395,000.00 3,874,000.00 1,883,000.00
Operating Expenses 6,869,000.00 6,342,000.00 5,693,000.00 3,954,000.00 3,597,000.00
   Selling, General and Administrative Expenses 328,000.00 316,000.00 289,000.00 183,000.00 110,000.00
   Other Operating Expenses 6,541,000.00 6,026,000.00 5,404,000.00 3,771,000.00 3,487,000.00
Operating Income -684,000.00 -230,000.00 -298,000.00 -80,000.00 -1,714,000.00
Net Non-Operating Income -213,000.00 -104,000.00 -139,000.00 -183,000.00 -179,000.00
Interest Income 476,000.00 0 0 0 0
Interest Expense 365,000.00 7,000.00 7,000.00 6,000.00 0.00
Net Interest 111,000.00 0 0 0 0
EBT -897,000.00 -334,000.00 -437,000.00 -263,000.00 -1,893,000.00
Income Tax 102,000.00 24,000.00 75,000.00 81,000.00 539,000.00
Net Income -795,000.00 -310,000.00 -362,000.00 -182,000.00 -1,354,000.00
EBIT -532,000.00 -327,000.00 -430,000.00 -257,000.00 -1,893,000.00
Deprecation and Amortization 655,000.00 621,000.00 585,000.00 540,000.00 535,000.00
EBITDA 123,000.00 294,000.00 155,000.00 283,000.00 -1,358,000.00
EPS -0.00 -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 346,000.00 332,900.00 323,600.00 318,000.00 277,500.00
Average Shares Outstanding Diluted 346,000.00 332,900.00 323,600.00 318,000.00 279,500.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 144,000.00 400,000.00 379,000.00 1,642,000.00 -683,000.00
   Operating Net Income -795,000.00 -310,000.00 -362,000.00 -182,000.00 -1,354,000.00
   Deprecation and Amortization 655,000.00 621,000.00 585,000.00 540,000.00 535,000.00
   Deferred Income Tax -110,000.00 -27,000.00 -73,000.00 -88,000.00 -329,000.00
   Share Based Compensation 39,000.00 39,000.00 30,000.00 28,000.00 28,000.00
   Change in Working Capital -44,000.00 -68,000.00 -34,000.00 1,161,000.00 -385,000.00
   Other Operating Activities 399,000.00 145,000.00 233,000.00 183,000.00 822,000.00
Investing Cash Flow -3,080,000.00 -1,378,000.00 -908,000.00 -704,000.00 -1,349,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,478,000.00 1,128,000.00 767,000.00 907,000.00 715,000.00
   Net Purchase/Sale of Investments Net 3,607,000.00 1,043,000.00 1,560,000.00 3,529,000.00 3,157,000.00
   Net Purchase/Sale of Business 22,000.00 131,000.00 297,000.00 0 0
   Other Investing Activities -8,187,000.00 -3,680,000.00 -3,532,000.00 -5,140,000.00 -5,221,000.00
Financing Cash Flow 3,767,000.00 1,107,000.00 -360,000.00 -830,000.00 2,983,000.00
   Net Issuance/Repayment of Debt 4,541,000.00 425,000.00 0 1,010,000.00 4,522,000.00
   Net Issuance/Repurchase of Equity 60,000.00 53,000.00 52,000.00 60,000.00 1,231,000.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -834,000.00 629,000.00 -412,000.00 -1,900,000.00 -2,770,000.00
Net Change in Cash 831,000.00 129,000.00 -889,000.00 108,000.00 951,000.00
   Cash at Beginning of Period 1,317,000.00 1,188,000.00 2,077,000.00 1,969,000.00 1,018,000.00
   Cash at End of Period 2,148,000.00 1,317,000.00 1,188,000.00 2,077,000.00 1,969,000.00
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 16,601,000.00 16,903,000.00 17,101,000.00 16,841,000.00 16,627,000.00 13,993,000.00 13,721,000.00 13,853,000.00 13,412,000.00 13,481,000.00 13,227,000.00 13,045,000.00 13,330,000.00 13,543,000.00 13,803,000.00 13,642,000.00 14,069,000.00 14,415,000.00 13,660,000.00 13,406,000.00
   Current Assets 3,415,000.00 3,807,000.00 4,191,000.00 4,258,000.00 4,555,000.00 2,084,000.00 2,164,000.00 2,160,000.00 1,970,000.00 2,230,000.00 2,098,000.00 1,916,000.00 2,611,000.00 2,994,000.00 3,272,000.00 3,247,000.00 3,690,000.00 4,196,000.00 3,608,000.00 3,345,000.00
      Cash and Short-Term Investments 2,621,000.00 3,064,000.00 3,502,000.00 3,610,000.00 4,008,000.00 1,496,000.00 1,563,000.00 1,567,000.00 1,382,000.00 1,667,000.00 1,537,000.00 1,392,000.00 2,093,000.00 2,484,000.00 2,784,000.00 2,842,000.00 3,293,000.00 3,726,000.00 3,225,000.00 3,100,000.00
            Cash and Cash Equivalents 2,410,000.00 2,135,000.00 2,297,000.00 1,921,000.00 2,594,000.00 1,312,000.00 1,237,000.00 1,166,000.00 973,000.00 1,462,000.00 1,333,000.00 1,042,000.00 1,401,000.00 1,611,000.00 1,834,000.00 2,018,000.00 2,193,000.00 2,409,000.00 2,358,000.00 1,918,000.00
            Short-Term Investments 211,000.00 929,000.00 1,205,000.00 1,689,000.00 1,414,000.00 184,000.00 326,000.00 401,000.00 409,000.00 205,000.00 204,000.00 350,000.00 692,000.00 873,000.00 950,000.00 824,000.00 1,100,000.00 1,317,000.00 867,000.00 1,135,000.00
      Net Receivables 348,000.00 359,000.00 361,000.00 348,000.00 282,000.00 336,000.00 362,000.00 336,000.00 329,000.00 309,000.00 331,000.00 317,000.00 298,000.00 291,000.00 248,000.00 207,000.00 210,000.00 276,000.00 153,000.00 98,000.00
      Inventory 183,000.00 174,000.00 163,000.00 158,000.00 140,000.00 130,000.00 111,000.00 109,000.00 97,000.00 89,000.00 76,000.00 87,000.00 79,000.00 73,000.00 68,000.00 74,000.00 64,000.00 59,000.00 68,000.00 71,000.00
      Other Current Assets 263,000.00 210,000.00 165,000.00 142,000.00 125,000.00 122,000.00 128,000.00 148,000.00 162,000.00 165,000.00 154,000.00 120,000.00 141,000.00 146,000.00 172,000.00 124,000.00 123,000.00 135,000.00 162,000.00 76,000.00
   Non-Current Assets 13,186,000.00 13,096,000.00 12,910,000.00 12,583,000.00 12,072,000.00 11,909,000.00 11,557,000.00 11,693,000.00 11,442,000.00 11,251,000.00 11,129,000.00 11,129,000.00 10,719,000.00 10,549,000.00 10,531,000.00 10,395,000.00 10,379,000.00 10,219,000.00 10,052,000.00 10,061,000.00
      Property, Plant, Equipment Net 13,234,000.00 13,145,000.00 12,924,000.00 12,548,000.00 12,274,000.00 12,174,000.00 11,815,000.00 11,578,000.00 11,350,000.00 11,216,000.00 11,104,000.00 11,121,000.00 11,053,000.00 10,917,000.00 10,852,000.00 10,748,000.00 10,743,000.00 10,640,000.00 10,503,000.00 10,405,000.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 413,000.00 407,000.00 399,000.00 399,000.00 394,000.00 388,000.00 383,000.00 349,000.00 346,000.00 333,000.00 310,000.00 298,000.00 258,000.00 269,000.00 274,000.00 284,000.00 283,000.00 264,000.00 243,000.00 261,000.00
      Long-Term Investments 272,000.00 298,000.00 322,000.00 336,000.00 94,000.00 104,000.00 145,000.00 163,000.00 166,000.00 169,000.00 153,000.00 172,000.00 175,000.00 120,000.00 110,000.00 39,000.00 1,000.00 1,000.00 0 2,000.00
      Non-Current Deferred Assets 0 0 0 242,000.00 0 0 0 220,000.00 0 0 0 271,000.00 0 0 0 301,000.00 0 0 0 161,000.00
      Other Non-Current Assets -733,000.00 -754,000.00 -735,000.00 -942,000.00 -690,000.00 -757,000.00 -786,000.00 -617,000.00 -420,000.00 -467,000.00 -438,000.00 -733,000.00 -767,000.00 -757,000.00 -705,000.00 -977,000.00 -648,000.00 -686,000.00 -694,000.00 -768,000.00
Liabilities 12,059,000.00 12,080,000.00 12,204,000.00 11,557,000.00 11,342,000.00 8,600,000.00 8,456,000.00 7,183,000.00 6,568,000.00 6,379,000.00 9,854,000.00 9,482,000.00 6,321,000.00 6,653,000.00 10,205,000.00 9,793,000.00 10,120,000.00 10,602,000.00 9,946,000.00 9,455,000.00
   Current Liabilities 4,186,000.00 4,319,000.00 4,140,000.00 3,881,000.00 3,755,000.00 3,894,000.00 4,022,000.00 3,628,000.00 3,723,000.00 3,890,000.00 4,010,000.00 3,748,000.00 3,903,000.00 4,065,000.00 4,026,000.00 3,417,000.00 3,566,000.00 3,973,000.00 3,131,000.00 2,674,000.00
      Payables and Expenses 1,751,000.00 1,842,000.00 1,881,000.00 1,824,000.00 1,790,000.00 1,823,000.00 1,857,000.00 1,741,000.00 1,744,000.00 1,755,000.00 1,723,000.00 1,516,000.00 1,531,000.00 1,539,000.00 1,598,000.00 1,338,000.00 1,388,000.00 1,549,000.00 1,151,000.00 989,000.00
            Account Payables 589,000.00 633,000.00 648,000.00 619,000.00 612,000.00 660,000.00 647,000.00 641,000.00 691,000.00 699,000.00 626,000.00 532,000.00 600,000.00 585,000.00 624,000.00 499,000.00 575,000.00 530,000.00 375,000.00 365,000.00
            Current Accrued Liabilities 1,162,000.00 1,209,000.00 1,233,000.00 1,205,000.00 1,178,000.00 1,163,000.00 1,210,000.00 1,100,000.00 1,053,000.00 1,056,000.00 1,097,000.00 984,000.00 931,000.00 954,000.00 974,000.00 839,000.00 813,000.00 1,019,000.00 776,000.00 624,000.00
      Short-Term Debt 783,000.00 795,000.00 486,000.00 485,000.00 462,000.00 457,000.00 442,000.00 424,000.00 387,000.00 384,000.00 361,000.00 651,000.00 627,000.00 542,000.00 489,000.00 461,000.00 499,000.00 544,000.00 575,000.00 563,000.00
      Other Current Liabilities 1,652,000.00 1,682,000.00 1,773,000.00 1,572,000.00 1,503,000.00 1,614,000.00 1,723,000.00 1,463,000.00 1,592,000.00 1,751,000.00 1,926,000.00 1,581,000.00 1,745,000.00 1,984,000.00 1,939,000.00 1,618,000.00 1,679,000.00 1,880,000.00 1,405,000.00 1,122,000.00
   Non-Current Liabilities 7,873,000.00 7,761,000.00 8,064,000.00 7,676,000.00 7,587,000.00 4,706,000.00 4,434,000.00 3,555,000.00 2,845,000.00 2,489,000.00 5,844,000.00 5,734,000.00 2,418,000.00 2,588,000.00 6,179,000.00 6,376,000.00 6,554,000.00 6,629,000.00 6,815,000.00 6,781,000.00
      Long-Term Debt 8,640,000.00 8,620,000.00 8,928,000.00 8,657,000.00 8,379,000.00 5,548,000.00 5,210,000.00 4,956,000.00 4,289,000.00 4,064,000.00 3,932,000.00 3,732,000.00 3,921,000.00 4,093,000.00 4,271,000.00 4,341,000.00 4,472,000.00 4,695,000.00 5,344,000.00 5,165,000.00
      Other Non-Current Liabilities -767,000.00 -859,000.00 -864,000.00 -981,000.00 -792,000.00 -842,000.00 -776,000.00 -1,401,000.00 -1,444,000.00 -1,575,000.00 1,912,000.00 2,002,000.00 -1,503,000.00 -1,505,000.00 1,908,000.00 2,035,000.00 2,082,000.00 1,934,000.00 1,471,000.00 1,616,000.00
Equity 4,542,000.00 4,823,000.00 4,897,000.00 5,284,000.00 5,285,000.00 5,393,000.00 5,265,000.00 6,670,000.00 6,844,000.00 7,102,000.00 3,373,000.00 3,563,000.00 7,009,000.00 6,890,000.00 3,598,000.00 3,849,000.00 3,949,000.00 3,813,000.00 3,714,000.00 3,951,000.00
   Shareholders Equity 4,542,000.00 4,823,000.00 4,897,000.00 5,284,000.00 5,285,000.00 5,393,000.00 5,265,000.00 6,670,000.00 6,844,000.00 7,102,000.00 3,363,000.00 3,563,000.00 7,009,000.00 6,890,000.00 3,598,000.00 3,849,000.00 3,949,000.00 3,813,000.00 3,714,000.00 3,951,000.00
      Capital Stock 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00 5,000.00
      Share Premium 3,382,000.00 3,372,000.00 3,332,000.00 3,320,000.00 3,283,000.00 3,274,000.00 3,233,000.00 3,221,000.00 3,192,000.00 3,183,000.00 3,139,000.00 3,129,000.00 3,102,000.00 3,095,000.00 3,058,000.00 3,047,000.00 3,018,000.00 3,012,000.00 2,975,000.00 2,959,000.00
      Retained Earnings 894,000.00 1,037,000.00 1,111,000.00 1,319,000.00 1,363,000.00 1,423,000.00 1,398,000.00 2,114,000.00 2,217,000.00 2,370,000.00 2,232,000.00 2,424,000.00 2,400,000.00 2,343,000.00 2,531,000.00 2,786,000.00 2,915,000.00 2,785,000.00 2,721,000.00 2,968,000.00
      Treasury Shares 2,013,000.00 2,013,000.00 2,010,000.00 2,005,000.00 2,004,000.00 2,004,000.00 2,002,000.00 1,999,000.00 1,998,000.00 1,998,000.00 1,998,000.00 1,995,000.00 1,995,000.00 1,995,000.00 1,995,000.00 1,989,000.00 1,989,000.00 1,989,000.00 1,987,000.00 1,981,000.00
      Accumulated Other Comprehensive Income 2,000.00 7,000.00 7,000.00 2,000.00 -3,000.00 -1,000.00 -1,000.00 -4,000.00 4,000.00 -6,000.00 -5,000.00 0 -5,000.00 -2,000.00 -1,000.00 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 483,000.00 1,227,000.00 1,527,000.00 2,025,000.00 1,508,000.00 288,000.00 471,000.00 564,000.00 575,000.00 374,000.00 357,000.00 522,000.00 867,000.00 993,000.00 1,060,000.00 863,000.00 1,101,000.00 1,318,000.00 867,000.00 1,137,000.00
Debt 9,423,000.00 9,415,000.00 9,414,000.00 9,142,000.00 8,841,000.00 6,005,000.00 5,652,000.00 5,380,000.00 4,676,000.00 4,448,000.00 4,293,000.00 4,383,000.00 4,548,000.00 4,635,000.00 4,760,000.00 4,802,000.00 4,971,000.00 5,239,000.00 5,919,000.00 5,728,000.00
Net Debt 6,802,000.00 6,351,000.00 5,912,000.00 5,532,000.00 4,833,000.00 4,509,000.00 4,089,000.00 3,813,000.00 3,294,000.00 2,781,000.00 2,756,000.00 2,991,000.00 2,455,000.00 2,151,000.00 1,976,000.00 1,960,000.00 1,678,000.00 1,513,000.00 2,694,000.00 2,628,000.00
Common Shares Outstanding 364,000.00 364,000.00 354,339.85 353,000.00 347,000.00 347,000.00 340,135.05 339,000.00 333,289.33 333,250.32 328,000.00 327,000.00 324,000.00 324,000.00 321,000.00 320,000.00 318,030.52 318,022.15 317,000.00 316,000.00
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 6,818,000.00 4,496,000.00 2,140,000.00 -4,569,000.00 7,002,000.00 4,637,000.00 2,209,000.00 -4,940,000.00 7,290,000.00 4,937,000.00 2,328,000.00 -3,502,000.00 6,743,000.00 4,181,000.00 1,736,000.00 -1,131,000.00 4,203,000.00 2,232,000.00 733,000.00
Cost Of Revenue 2,123,000.00 1,384,000.00 689,000.00 -1,793,000.00 2,426,000.00 1,644,000.00 817,000.00 -1,849,000.00 2,641,000.00 1,754,000.00 957,000.00 -1,581,000.00 2,800,000.00 1,815,000.00 729,000.00 -558,000.00 1,519,000.00 869,000.00 333,000.00
Gross Profit 4,695,000.00 3,112,000.00 1,451,000.00 -2,776,000.00 4,576,000.00 2,993,000.00 1,392,000.00 -3,091,000.00 4,649,000.00 3,183,000.00 1,371,000.00 -1,921,000.00 3,943,000.00 2,366,000.00 1,007,000.00 -573,000.00 2,684,000.00 1,363,000.00 400,000.00
Operating Expenses 4,963,000.00 3,280,000.00 1,625,000.00 -4,174,000.00 5,276,000.00 3,656,000.00 2,111,000.00 -3,273,000.00 4,812,000.00 3,190,000.00 1,613,000.00 -2,811,000.00 4,284,000.00 2,846,000.00 1,374,000.00 -895,000.00 2,645,000.00 1,510,000.00 694,000.00
   Selling, General and Administrative Expenses 225,000.00 147,000.00 70,000.00 -158,000.00 245,000.00 164,000.00 77,000.00 -154,000.00 237,000.00 157,000.00 76,000.00 -119,000.00 216,000.00 135,000.00 57,000.00 -40,000.00 130,000.00 70,000.00 23,000.00
   Other Operating Expenses 4,738,000.00 3,133,000.00 1,555,000.00 -4,016,000.00 5,031,000.00 3,492,000.00 2,034,000.00 -3,119,000.00 4,575,000.00 3,033,000.00 1,537,000.00 -2,692,000.00 4,068,000.00 2,711,000.00 1,317,000.00 -855,000.00 2,515,000.00 1,440,000.00 671,000.00
Operating Income -268,000.00 -168,000.00 -174,000.00 1,398,000.00 -700,000.00 -663,000.00 -719,000.00 182,000.00 -163,000.00 -7,000.00 -242,000.00 890,000.00 -341,000.00 -480,000.00 -367,000.00 322,000.00 39,000.00 -147,000.00 -294,000.00
Net Non-Operating Income -293,000.00 -197,000.00 -97,000.00 22,000.00 -114,000.00 -73,000.00 -48,000.00 24,000.00 -61,000.00 -43,000.00 -24,000.00 63,000.00 -102,000.00 -69,000.00 -31,000.00 152,000.00 -139,000.00 -143,000.00 -53,000.00
Interest Income 542,000.00 366,000.00 186,000.00 43,000.00 281,000.00 152,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 441,000.00 295,000.00 148,000.00 35,000.00 215,000.00 115,000.00 0.00 7,000.00 0.00 0.00 0.00 -5,000.00 6,000.00 4,000.00 2,000.00 2,000.00 4,000.00 0.00 0.00
Net Interest 101,000.00 71,000.00 38,000.00 8,000.00 66,000.00 37,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
EBT -561,000.00 -365,000.00 -271,000.00 1,420,000.00 -814,000.00 -736,000.00 -767,000.00 206,000.00 -224,000.00 -50,000.00 -266,000.00 953,000.00 -443,000.00 -549,000.00 -398,000.00 474,000.00 -100,000.00 -290,000.00 -347,000.00
Income Tax 136,000.00 83,000.00 63,000.00 -57,000.00 63,000.00 45,000.00 51,000.00 -71,000.00 17,000.00 4,000.00 74,000.00 -231,000.00 57,000.00 106,000.00 143,000.00 -173,000.00 47,000.00 107,000.00 100,000.00
Net Income -425,000.00 -282,000.00 -208,000.00 1,363,000.00 -751,000.00 -691,000.00 -716,000.00 143,000.00 -207,000.00 -54,000.00 -192,000.00 722,000.00 -386,000.00 -443,000.00 -255,000.00 301,000.00 -53,000.00 -183,000.00 -247,000.00
EBIT -120,000.00 -70,000.00 -123,000.00 1,455,000.00 -599,000.00 -621,000.00 -767,000.00 213,000.00 -224,000.00 -50,000.00 -266,000.00 948,000.00 -437,000.00 -545,000.00 -396,000.00 476,000.00 -96,000.00 -290,000.00 -347,000.00
Deprecation and Amortization 512,000.00 339,000.00 168,000.00 -312,000.00 487,000.00 322,000.00 158,000.00 -298,000.00 462,000.00 306,000.00 151,000.00 -281,000.00 435,000.00 288,000.00 143,000.00 -241,000.00 398,000.00 258,000.00 125,000.00
EBITDA 392,000.00 269,000.00 45,000.00 1,143,000.00 -112,000.00 -299,000.00 -609,000.00 -85,000.00 238,000.00 256,000.00 -115,000.00 667,000.00 -2,000.00 -257,000.00 -253,000.00 235,000.00 302,000.00 -32,000.00 -222,000.00
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 -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 -0.00 -0.00
Average Shares Outstanding Basic 363,700.00 361,300.00 353,700.00 352,300.00 346,900.00 345,100.00 339,700.00 338,800.00 333,300.00 331,900.00 327,600.00 326,900.00 323,900.00 323,100.00 320,500.00 320,000.00 318,000.00 317,700.00 316,300.00
Average Shares Outstanding Diluted 363,700.00 361,300.00 353,700.00 348,500.00 346,900.00 348,900.00 339,700.00 337,100.00 333,300.00 333,600.00 327,600.00 325,800.00 325,000.00 323,100.00 320,500.00 312,900.00 321,300.00 321,500.00 316,300.00
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 -143,000.00 -1,000.00 114,000.00 -411,000.00 161,000.00 190,000.00 204,000.00 -1,154,000.00 486,000.00 663,000.00 405,000.00 -488,000.00 321,000.00 299,000.00 247,000.00 -1,948,000.00 1,755,000.00 1,658,000.00 177,000.00
   Operating Net Income -425,000.00 -282,000.00 -208,000.00 1,363,000.00 -751,000.00 -691,000.00 -716,000.00 143,000.00 -207,000.00 -54,000.00 -192,000.00 722,000.00 -386,000.00 -443,000.00 -255,000.00 301,000.00 -53,000.00 -183,000.00 -247,000.00
   Deprecation and Amortization 512,000.00 339,000.00 168,000.00 -312,000.00 487,000.00 322,000.00 158,000.00 -298,000.00 462,000.00 306,000.00 151,000.00 -281,000.00 435,000.00 288,000.00 143,000.00 -241,000.00 398,000.00 258,000.00 125,000.00
   Deferred Income Tax -147,000.00 -89,000.00 -67,000.00 62,000.00 -69,000.00 -49,000.00 -54,000.00 67,000.00 -20,000.00 4,000.00 -78,000.00 220,000.00 -51,000.00 -101,000.00 -141,000.00 142,000.00 -40,000.00 -93,000.00 -97,000.00
   Share Based Compensation 32,000.00 22,000.00 12,000.00 -24,000.00 30,000.00 21,000.00 12,000.00 -24,000.00 31,000.00 22,000.00 10,000.00 -24,000.00 25,000.00 18,000.00 11,000.00 -20,000.00 23,000.00 17,000.00 8,000.00
   Change in Working Capital 29,000.00 -47,000.00 -215,000.00 470,000.00 -49,000.00 -134,000.00 -331,000.00 1,068,000.00 -230,000.00 -386,000.00 -520,000.00 1,302,000.00 -300,000.00 -537,000.00 -499,000.00 4,342,000.00 -1,438,000.00 -1,439,000.00 -304,000.00
   Other Operating Activities -144,000.00 56,000.00 424,000.00 -1,970,000.00 513,000.00 721,000.00 1,135,000.00 -2,110,000.00 450,000.00 771,000.00 1,034,000.00 -2,427,000.00 598,000.00 1,074,000.00 988,000.00 -6,472,000.00 2,865,000.00 3,098,000.00 692,000.00
Investing Cash Flow 961,000.00 429,000.00 357,000.00 152,000.00 -2,165,000.00 -668,000.00 -399,000.00 -36,000.00 -927,000.00 -375,000.00 -40,000.00 558,000.00 -647,000.00 -485,000.00 -334,000.00 701,000.00 -735,000.00 -722,000.00 52,000.00
   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 742,000.00 473,000.00 176,000.00 -930,000.00 1,127,000.00 854,000.00 427,000.00 -233,000.00 750,000.00 439,000.00 172,000.00 -75,000.00 483,000.00 274,000.00 85,000.00 -598,000.00 770,000.00 524,000.00 211,000.00
   Net Purchase/Sale of Investments Net 2,390,000.00 1,504,000.00 600,000.00 538,000.00 2,685,000.00 285,000.00 99,000.00 -814,000.00 948,000.00 532,000.00 377,000.00 -1,111,000.00 1,205,000.00 960,000.00 506,000.00 1,284,000.00 1,112,000.00 862,000.00 271,000.00
   Net Purchase/Sale of Business 0 0 0 -44,000.00 22,000.00 22,000.00 22,000.00 -66,000.00 98,000.00 66,000.00 33,000.00 272,000.00 25,000.00 0 0 0 0 0 0
   Other Investing Activities -2,171,000.00 -1,548,000.00 -419,000.00 588,000.00 -5,999,000.00 -1,829,000.00 -947,000.00 1,077,000.00 -2,723,000.00 -1,412,000.00 -622,000.00 1,472,000.00 -2,360,000.00 -1,719,000.00 -925,000.00 15,000.00 -2,617,000.00 -2,108,000.00 -430,000.00
Financing Cash Flow -317,000.00 -206,000.00 -86,000.00 -599,000.00 3,488,000.00 607,000.00 271,000.00 672,000.00 375,000.00 134,000.00 -74,000.00 197,000.00 -267,000.00 -201,000.00 -89,000.00 138,000.00 -737,000.00 -443,000.00 212,000.00
   Net Issuance/Repayment of Debt 339,000.00 228,000.00 81,000.00 -81,000.00 4,117,000.00 447,000.00 58,000.00 -294,000.00 332,000.00 278,000.00 109,000.00 0 255,000.00 189,000.00 83,000.00 -9,065,000.00 4,585,000.00 3,991,000.00 1,499,000.00
   Net Issuance/Repurchase of Equity 30,000.00 30,000.00 0 -2,000.00 31,000.00 31,000.00 0 -9,000.00 31,000.00 31,000.00 0 -6,000.00 29,000.00 29,000.00 0 -20,000.00 36,000.00 36,000.00 8,000.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -686,000.00 -464,000.00 -167,000.00 -516,000.00 -660,000.00 129,000.00 213,000.00 975,000.00 12,000.00 -175,000.00 -183,000.00 730,000.00 -551,000.00 -419,000.00 -172,000.00 9,223,000.00 -5,358,000.00 -4,470,000.00 -1,295,000.00
Net Change in Cash 501,000.00 222,000.00 385,000.00 -858,000.00 1,484,000.00 129,000.00 76,000.00 -518,000.00 -66,000.00 422,000.00 291,000.00 267,000.00 -593,000.00 -387,000.00 -176,000.00 -1,109,000.00 283,000.00 493,000.00 441,000.00
   Cash at Beginning of Period 2,148,000.00 2,148,000.00 2,148,000.00 3,006,000.00 1,317,000.00 1,317,000.00 1,317,000.00 1,835,000.00 1,188,000.00 1,188,000.00 1,188,000.00 921,000.00 2,077,000.00 2,077,000.00 2,077,000.00 3,186,000.00 1,969,000.00 1,969,000.00 1,969,000.00
   Cash at End of Period 2,649,000.00 2,370,000.00 2,533,000.00 2,148,000.00 2,801,000.00 1,446,000.00 1,393,000.00 1,317,000.00 1,122,000.00 1,610,000.00 1,479,000.00 1,188,000.00 1,484,000.00 1,690,000.00 1,901,000.00 2,077,000.00 2,252,000.00 2,462,000.00 2,410,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0