Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 23.42 16.64 16.14 20.33
Price to Sales 4.03 2.57 2.13 2.16 2.65
Book Value Per Common Share 20.23 19.69 19.46 19.01 20.31
Price to Book 1.35 0.90 0.93 0.83 0.67
Price to Operating Cash Flow 10.79 6.07 8.22 6.30 6.80
Price to Free Cash Flow
Enterprise Value to EBITDA 80048.08 54028.49 57778.75 61519.52 70036.20
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 30.77 45.94 89.16 25.39 33.68 55.58 20.73 30.75 58.37 20.05 29.40 65.21 33.46 62.86 26.85
Price to Sales 5.06 7.89 14.95 4.41 5.95 10.60 3.28 5.22 10.12 2.57 4.02 9.99 3.11 4.94 7.23
Book Value Per Common Share 13.82 13.85 13.77 20.23 13.69 13.67 13.68 19.69 13.58 13.71 13.72 19.46 13.67 13.53 13.50 19.01 13.47 13.56 14.21 20.31
Price to Book 2.05 2.12 2.07 1.35 1.61 1.45 1.34 0.90 1.22 1.26 1.28 0.93 1.22 1.24 1.40 0.83 1.24 1.34 1.17 0.67
Price to Operating Cash Flow 14.90 23.24 54.55 11.89 15.33 34.24 8.90 13.39 29.52 10.56 14.34 39.54 8.53 12.46 20.13
Price to Free Cash Flow
Enterprise Value to EBITDA 107101.05 164274.86 318587.42 86467.78 114286.12 199445.02 68345.28 104108.83 205584.07 72513.82 108606.68 245167.30 91172.38 157463.93 139965.98

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 10.38 -5.36 43.59
Revenue YoY -1.53 -20.14 15.59 41.97
EBITDA YoY 4.93 3.04 20.32 32.26
Net Profit YoY 9.28 -6.16 42.83 1399.16
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 43.75 100.00 47.46 78.79 42.86 86.67 45.61 96.55 72.41 -53.23
Revenue YoY 50.05 95.31 49.89 92.97 52.88 90.05 54.82 119.99 45.74 60.45
EBITDA YoY 47.88 99.85 47.08 89.07 46.60 93.14 48.19 99.20 58.70 -2.67
Net Profit YoY 43.85 99.72 47.31 77.08 42.06 86.30 44.24 95.20 75.92 -53.73

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.10 0.04 0.35 0.51 0.53
Quick Ratio 0.24 0.20 0.31 0.36 0.36
Current Ratio 0.53 0.51 0.62 0.67 0.61
Debt to Equity 0.39 0.39 1.18 1.21 1.21
Long-Term Debt to Equity 0.42 0.41 1.28 1.33 1.35
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 0.06 0.09 0.13 0.10 0.06 0.06 0.06 0.04 0.04 0.23 0.19 0.35 0.32 0.18 0.15 0.51 0.12 1.09 0.63 0.53
Quick Ratio 0.41 0.45 0.31 0.24 0.30 0.24 0.34 0.20 0.26 0.32 0.37 0.31 0.42 0.36 0.31 0.36 0.29 0.77 0.62 0.36
Current Ratio 0.63 0.68 0.45 0.53 0.46 0.37 0.50 0.51 0.39 0.49 0.56 0.62 0.63 0.52 0.47 0.67 0.46 0.85 0.81 0.61
Debt to Equity 1.26 1.26 1.27 0.39 1.23 1.23 1.23 0.39 1.18 1.16 1.15 1.18 1.18 1.19 1.18 1.21 1.20 1.21 1.14 1.21
Long-Term Debt to Equity 1.14 1.14 1.08 0.42 1.08 1.04 1.08 0.41 0.98 0.99 1.00 1.28 0.99 0.98 0.98 1.33 1.02 1.05 1.00 1.35

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 1.83 1.68 3.64 2.53 0.17
ROE 2.53 2.33 7.93 5.59 0.37
Gross Margin 42.44 67.80 51.10 60.04 77.26
Operating Margin 34.77 32.59 25.25 22.34 19.28
EBITDA Margin 50.36 47.27 36.64 35.20 37.78
Net Profit Margin 17.30 15.59 13.27 10.74 1.02
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 2.85 1.98 0.99 2.75 1.87 1.05 2.61 1.83 0.99 2.68 1.88 0.96 1.65 0.93 1.98
ROE 6.43 4.46 2.25 6.13 4.17 2.35 5.69 3.96 2.11 5.84 4.12 2.10 3.62 2.05 4.23
Gross Margin 34.19 35.00 30.30 72.12 72.03 71.19 68.21 70.42 68.75 50.11 51.54 55.88 63.04 64.78 61.45
Operating Margin 32.55 33.21 32.54 35.26 36.26 37.84 32.95 34.71 34.57 24.15 25.44 28.21 21.06 18.57 41.32
EBITDA Margin 47.32 48.01 46.92 51.08 52.05 53.12 47.85 49.90 49.10 35.31 36.89 40.74 34.15 31.36 51.70
Net Profit Margin 16.57 17.29 16.91 17.51 17.82 19.42 15.91 17.12 17.46 12.84 13.79 15.54 9.41 7.80 27.04

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 142,863,000.00 142,087,000.00 70,078,000.00 70,416,000.00 71,973,000.00
   Current Assets 3,923,000.00 4,432,000.00 5,307,000.00 5,064,000.00 4,216,000.00
      Cash and Short-Term Investments 214,000.00 96,000.00 794,000.00 1,147,000.00 1,209,000.00
            Cash and Cash Equivalents 88,000.00 83,000.00 745,000.00 1,140,000.00 1,184,000.00
            Short-Term Investments 126,000.00 13,000.00 49,000.00 7,000.00 25,000.00
      Net Receivables 1,554,000.00 1,633,000.00 1,840,000.00 1,611,000.00 1,293,000.00
      Inventory 555,000.00 525,000.00 634,000.00 562,000.00 348,000.00
      Other Current Assets 1,600,000.00 2,178,000.00 2,039,000.00 1,744,000.00 1,366,000.00
   Non-Current Assets 138,940,000.00 137,655,000.00 64,771,000.00 65,352,000.00 67,757,000.00
      Property, Plant, Equipment Net 77,408,000.00 76,041,000.00 72,682,000.00 48,245,000.00 48,299,000.00
      Goodwill 40,282,000.00 20,121,000.00 19,965,000.00 19,914,000.00 19,851,000.00
      Intangible Assets 1,760,000.00 1,957,000.00 1,809,000.00 1,678,000.00 2,453,000.00
      Long-Term Investments 7,845,000.00 7,874,000.00 7,653,000.00 7,578,000.00 7,917,000.00
      Non-Current Deferred Assets 0 0 0 115,000.00 536,000.00
      Other Non-Current Assets 11,645,000.00 31,662,000.00 -37,338,000.00 -12,178,000.00 -11,299,000.00
Liabilities 39,766,000.00 39,506,000.00 37,964,000.00 38,495,000.00 39,407,000.00
   Current Liabilities 7,342,000.00 8,770,000.00 8,567,000.00 7,599,000.00 6,861,000.00
      Payables and Expenses 2,845,000.00 2,714,000.00 2,816,000.00 2,621,000.00 1,942,000.00
            Account Payables 1,959,000.00 1,895,000.00 1,959,000.00 1,763,000.00 1,362,000.00
            Current Accrued Liabilities 886,000.00 819,000.00 857,000.00 858,000.00 580,000.00
      Short-Term Debt 4,354,000.00 10,092,000.00 7,245,000.00 2,646,000.00 2,558,000.00
      Other Current Liabilities 143,000.00 -4,036,000.00 -1,494,000.00 2,332,000.00 2,361,000.00
   Non-Current Liabilities 43,620,000.00 42,172,000.00 41,241,000.00 42,605,000.00 44,067,000.00
      Long-Term Debt 30,013,000.00 28,204,000.00 28,403,000.00 30,674,000.00 32,131,000.00
      Other Non-Current Liabilities 13,607,000.00 13,968,000.00 12,838,000.00 11,931,000.00 11,936,000.00
Equity 103,097,000.00 102,581,000.00 32,114,000.00 31,921,000.00 32,566,000.00
   Shareholders Equity 44,947,000.00 43,707,000.00 43,744,000.00 43,098,000.00 45,997,000.00
      Capital Stock 22,000.00 22,000.00 22,000.00 23,000.00 23,000.00
      Share Premium 41,237,000.00 41,190,000.00 41,673,000.00 41,806,000.00 41,756,000.00
      Retained Earnings -10,633,000.00 -10,689,000.00 -10,551,000.00 -10,595,000.00 -9,936,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -95,000.00 -217,000.00 -402,000.00 -411,000.00 -407,000.00
   Minority Interest 1,336,000.00 1,423,000.00 1,372,000.00 1,098,000.00 402,000.00
Investments 15,816,000.00 15,761,000.00 15,355,000.00 15,163,000.00 15,859,000.00
Debt 34,367,000.00 38,296,000.00 35,648,000.00 35,966,000.00 37,247,000.00
Net Debt 34,153,000.00 38,200,000.00 34,854,000.00 34,819,000.00 36,038,000.00
Common Shares Outstanding 2,221,647.77 2,219,729.64 2,247,681.63 2,267,391.53 2,264,257.34
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 15,100,000.00 15,334,000.00 19,200,000.00 16,610,000.00 11,700,000.00
Cost Of Revenue 8,692,000.00 4,938,000.00 9,389,000.00 6,638,000.00 2,661,000.00
Gross Profit 6,408,000.00 10,396,000.00 9,811,000.00 9,972,000.00 9,039,000.00
Operating Expenses 2,024,000.00 6,133,000.00 5,746,000.00 7,056,000.00 7,479,000.00
   Selling, General and Administrative Expenses 1,570,000.00 1,089,000.00 1,671,000.00 1,704,000.00 1,679,000.00
   Other Operating Expenses 454,000.00 5,044,000.00 4,075,000.00 5,352,000.00 5,800,000.00
Operating Income 4,384,000.00 4,263,000.00 4,065,000.00 2,916,000.00 1,560,000.00
Net Non-Operating Income -977,000.00 -1,062,000.00 -730,000.00 -697,000.00 -899,000.00
Interest Expense 1,844,000.00 1,797,000.00 1,513,000.00 1,492,000.00 1,595,000.00
Net Interest -1,844,000.00 -1,797,000.00 -1,513,000.00 -1,492,000.00 -1,595,000.00
EBT 3,407,000.00 3,201,000.00 3,335,000.00 2,219,000.00 661,000.00
Income Tax 687,000.00 715,000.00 710,000.00 369,000.00 481,000.00
Equity Method Investments Income 2,670,000.00 838,000.00 803,000.00 591,000.00 780,000.00
Net Income Including Non-Controlling Interests 2,506,000.00 2,296,000.00 2,471,000.00 1,718,000.00 58,000.00
Net Income Non-Controlling Interests 107,000.00 95,000.00 77,000.00 66,000.00 61,000.00
Net Income 2,613,000.00 2,391,000.00 2,548,000.00 1,784,000.00 119,000.00
EBIT 5,251,000.00 4,998,000.00 4,848,000.00 3,711,000.00 2,256,000.00
Deprecation and Amortization 2,354,000.00 2,250,000.00 2,186,000.00 2,135,000.00 2,164,000.00
EBITDA 7,605,000.00 7,248,000.00 7,034,000.00 5,846,000.00 4,420,000.00
EPS 0.00 0.00 0.00 0.00 0
Diluted EPS 0.00 0.00 0.00 0.00 0
Average Shares Outstanding Basic 2,220,000.00 2,234,000.00 2,258,000.00 2,266,000.00 0
Average Shares Outstanding Diluted 2,220,000.00 2,234,000.00 2,258,000.00 2,266,000.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 5,635,000.00 6,491,000.00 4,967,000.00 5,708,000.00 4,550,000.00
   Operating Net Income 26,901,000.00 25,341,000.00 9,561,000.00 4,827,000.00 1,306,000.00
   Deprecation and Amortization 2,354,000.00 2,250,000.00 2,186,000.00 2,135,000.00 2,164,000.00
   Deferred Income Tax 647,000.00 710,000.00 692,000.00 355,000.00 345,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -61,000.00 1,000.00 650,000.00 1,094,000.00 -429,000.00
   Other Operating Activities -24,206,000.00 -21,811,000.00 -8,122,000.00 -2,703,000.00 1,164,000.00
Investing Cash Flow -2,629,000.00 -4,175,000.00 -2,175,000.00 -2,305,000.00 -911,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 2,629,000.00 2,317,000.00 1,621,000.00 1,281,000.00 1,707,000.00
   Net Purchase/Sale of Investments Net -6,000.00 4,000.00 0 8,000.00 25,000.00
   Net Purchase/Sale of Business 121,000.00 212,000.00 229,000.00 38,000.00 402,000.00
   Net Loan & Lease Activity 41,000.00 41,000.00 31,000.00 32,000.00 25,000.00
   Other Investing Activities -5,414,000.00 -6,749,000.00 -4,056,000.00 -3,664,000.00 -3,070,000.00
Financing Cash Flow -2,887,000.00 -3,014,000.00 -3,145,000.00 -3,465,000.00 -2,638,000.00
   Net Issuance/Repayment of Debt 20,998,000.00 14,946,000.00 18,793,000.00 12,790,000.00 7,884,000.00
   Net Issuance/Repurchase of Equity 7,000.00 522,000.00 368,000.00 0 50,000.00
   Dividends Paid 2,711,000.00 2,680,000.00 2,620,000.00 2,463,000.00 2,377,000.00
   Other Financing Activities -26,603,000.00 -21,162,000.00 -24,926,000.00 -18,718,000.00 -12,949,000.00
Net Change in Cash 118,000.00 -698,000.00 -353,000.00 -62,000.00 1,000,000.00
   Cash at Beginning of Period 96,000.00 794,000.00 1,147,000.00 1,209,000.00 209,000.00
   Cash at End of Period 214,000.00 96,000.00 794,000.00 1,147,000.00 1,209,000.00
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 72,316,000.00 72,371,000.00 72,318,000.00 142,863,000.00 70,879,000.00 70,702,000.00 70,736,000.00 142,087,000.00 68,862,000.00 69,073,000.00 68,931,000.00 70,078,000.00 69,992,000.00 69,390,000.00 69,135,000.00 70,416,000.00 69,640,000.00 70,175,000.00 71,208,000.00 71,973,000.00
   Current Assets 2,426,000.00 2,486,000.00 2,579,000.00 3,923,000.00 2,177,000.00 2,190,000.00 2,307,000.00 4,432,000.00 2,433,000.00 2,718,000.00 2,696,000.00 5,307,000.00 3,862,000.00 3,608,000.00 3,033,000.00 5,064,000.00 2,686,000.00 4,283,000.00 3,734,000.00 4,216,000.00
      Cash and Short-Term Investments 133,000.00 197,000.00 295,000.00 214,000.00 133,000.00 124,000.00 143,000.00 96,000.00 97,000.00 520,000.00 438,000.00 794,000.00 723,000.00 417,000.00 348,000.00 1,147,000.00 279,000.00 2,475,000.00 1,423,000.00 1,209,000.00
            Cash and Cash Equivalents 71,000.00 82,000.00 80,000.00 88,000.00 108,000.00 98,000.00 119,000.00 83,000.00 80,000.00 497,000.00 416,000.00 745,000.00 483,000.00 100,000.00 84,000.00 1,140,000.00 102,000.00 1,365,000.00 1,377,000.00 1,184,000.00
            Short-Term Investments 62,000.00 115,000.00 215,000.00 126,000.00 25,000.00 26,000.00 24,000.00 13,000.00 17,000.00 23,000.00 22,000.00 49,000.00 240,000.00 317,000.00 264,000.00 7,000.00 177,000.00 1,110,000.00 46,000.00 25,000.00
      Net Receivables 1,444,000.00 1,453,000.00 1,476,000.00 1,554,000.00 1,265,000.00 1,293,000.00 1,404,000.00 1,633,000.00 1,502,000.00 1,284,000.00 1,321,000.00 1,840,000.00 1,873,000.00 2,063,000.00 1,661,000.00 1,611,000.00 1,433,000.00 1,416,000.00 1,425,000.00 1,293,000.00
      Inventory 560,000.00 560,000.00 577,000.00 555,000.00 526,000.00 537,000.00 548,000.00 525,000.00 565,000.00 569,000.00 589,000.00 634,000.00 715,000.00 690,000.00 591,000.00 562,000.00 457,000.00 396,000.00 389,000.00 348,000.00
      Other Current Assets 289,000.00 276,000.00 231,000.00 1,600,000.00 253,000.00 236,000.00 212,000.00 2,178,000.00 269,000.00 345,000.00 348,000.00 2,039,000.00 551,000.00 438,000.00 433,000.00 1,744,000.00 517,000.00 -4,000.00 497,000.00 1,366,000.00
   Non-Current Assets 69,890,000.00 69,885,000.00 69,739,000.00 138,940,000.00 68,702,000.00 68,512,000.00 68,429,000.00 137,655,000.00 66,429,000.00 66,355,000.00 66,235,000.00 64,771,000.00 66,130,000.00 65,782,000.00 66,102,000.00 65,352,000.00 66,954,000.00 65,892,000.00 67,474,000.00 67,757,000.00
      Property, Plant, Equipment Net 39,021,000.00 38,818,000.00 38,701,000.00 77,408,000.00 37,709,000.00 37,533,000.00 37,313,000.00 76,041,000.00 35,944,000.00 35,759,000.00 35,639,000.00 72,682,000.00 36,741,000.00 35,530,000.00 35,557,000.00 48,245,000.00 35,576,000.00 34,570,000.00 35,605,000.00 48,299,000.00
      Goodwill 20,198,000.00 20,198,000.00 20,084,000.00 40,282,000.00 20,084,000.00 20,084,000.00 40,317,000.00 20,121,000.00 19,965,000.00 19,965,000.00 19,965,000.00 19,965,000.00 19,965,000.00 19,914,000.00 19,914,000.00 19,914,000.00 20,033,000.00 19,851,000.00 19,851,000.00 19,851,000.00
      Intangible Assets 1,774,000.00 1,818,000.00 1,868,000.00 1,760,000.00 1,809,000.00 1,858,000.00 1,907,000.00 1,957,000.00 1,652,000.00 1,696,000.00 1,743,000.00 1,809,000.00 1,875,000.00 1,557,000.00 1,618,000.00 1,678,000.00 1,744,000.00 1,585,000.00 2,396,000.00 2,453,000.00
      Long-Term Investments 7,747,000.00 7,854,000.00 7,877,000.00 7,845,000.00 7,882,000.00 7,851,000.00 7,906,000.00 7,874,000.00 7,674,000.00 7,665,000.00 7,616,000.00 7,653,000.00 7,465,000.00 7,470,000.00 7,545,000.00 7,578,000.00 7,620,000.00 7,650,000.00 7,693,000.00 7,917,000.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,000.00 115,000.00 303,000.00 492,000.00 213,000.00 536,000.00
      Other Non-Current Assets 1,150,000.00 1,197,000.00 1,209,000.00 11,645,000.00 1,218,000.00 1,186,000.00 -19,014,000.00 31,662,000.00 1,194,000.00 1,270,000.00 1,272,000.00 -37,338,000.00 84,000.00 1,311,000.00 1,460,000.00 -12,178,000.00 1,678,000.00 1,744,000.00 1,716,000.00 -11,299,000.00
Liabilities 40,283,000.00 40,290,000.00 40,392,000.00 39,766,000.00 39,133,000.00 39,008,000.00 38,993,000.00 39,506,000.00 37,281,000.00 37,164,000.00 36,817,000.00 37,964,000.00 37,857,000.00 37,765,000.00 37,428,000.00 38,495,000.00 37,987,000.00 38,352,000.00 37,900,000.00 39,407,000.00
   Current Liabilities 3,846,000.00 3,633,000.00 5,778,000.00 7,342,000.00 4,731,000.00 5,958,000.00 4,575,000.00 8,770,000.00 6,251,000.00 5,603,000.00 4,775,000.00 8,567,000.00 6,176,000.00 6,892,000.00 6,450,000.00 7,599,000.00 5,825,000.00 5,059,000.00 4,618,000.00 6,861,000.00
      Payables and Expenses 2,474,000.00 2,633,000.00 2,532,000.00 2,845,000.00 2,344,000.00 2,445,000.00 2,134,000.00 2,714,000.00 2,775,000.00 2,592,000.00 2,271,000.00 2,816,000.00 2,716,000.00 3,184,000.00 2,380,000.00 2,621,000.00 2,473,000.00 2,427,000.00 2,083,000.00 1,942,000.00
            Account Payables 1,657,000.00 1,831,000.00 1,585,000.00 1,959,000.00 1,617,000.00 1,728,000.00 1,439,000.00 1,895,000.00 1,817,000.00 1,653,000.00 1,438,000.00 1,959,000.00 1,906,000.00 2,133,000.00 1,506,000.00 1,763,000.00 1,521,000.00 1,428,000.00 1,272,000.00 1,362,000.00
            Current Accrued Liabilities 817,000.00 802,000.00 947,000.00 886,000.00 727,000.00 717,000.00 695,000.00 819,000.00 958,000.00 939,000.00 833,000.00 857,000.00 810,000.00 1,051,000.00 874,000.00 858,000.00 952,000.00 999,000.00 811,000.00 580,000.00
      Short-Term Debt 1,081,000.00 788,000.00 3,044,000.00 4,354,000.00 1,984,000.00 3,062,000.00 1,975,000.00 10,092,000.00 3,130,000.00 2,760,000.00 2,160,000.00 7,245,000.00 5,743,000.00 6,415,000.00 7,123,000.00 2,646,000.00 2,822,000.00 2,183,000.00 2,173,000.00 2,558,000.00
      Other Current Liabilities 291,000.00 212,000.00 202,000.00 143,000.00 403,000.00 451,000.00 466,000.00 -4,036,000.00 346,000.00 251,000.00 344,000.00 -1,494,000.00 -2,283,000.00 -2,707,000.00 -3,053,000.00 2,332,000.00 530,000.00 449,000.00 362,000.00 2,361,000.00
   Non-Current Liabilities 36,437,000.00 36,657,000.00 34,614,000.00 43,620,000.00 34,402,000.00 33,050,000.00 34,418,000.00 42,172,000.00 31,030,000.00 31,561,000.00 32,042,000.00 41,241,000.00 31,709,000.00 30,873,000.00 30,978,000.00 42,605,000.00 32,162,000.00 33,293,000.00 33,282,000.00 44,067,000.00
      Long-Term Debt 31,499,000.00 31,871,000.00 29,965,000.00 30,013,000.00 30,047,000.00 28,649,000.00 30,171,000.00 28,204,000.00 27,871,000.00 28,632,000.00 29,346,000.00 28,403,000.00 29,107,000.00 28,552,000.00 28,759,000.00 30,674,000.00 30,002,000.00 31,077,000.00 31,061,000.00 32,131,000.00
      Other Non-Current Liabilities 4,938,000.00 4,786,000.00 4,649,000.00 13,607,000.00 4,355,000.00 4,401,000.00 4,247,000.00 13,968,000.00 3,159,000.00 2,929,000.00 2,696,000.00 12,838,000.00 2,602,000.00 2,321,000.00 2,219,000.00 11,931,000.00 2,160,000.00 2,216,000.00 2,221,000.00 11,936,000.00
Equity 32,033,000.00 32,081,000.00 31,926,000.00 103,097,000.00 31,746,000.00 31,694,000.00 31,743,000.00 102,581,000.00 31,581,000.00 31,909,000.00 32,114,000.00 32,114,000.00 32,135,000.00 31,625,000.00 31,707,000.00 31,921,000.00 31,653,000.00 31,823,000.00 33,308,000.00 32,566,000.00
   Shareholders Equity 30,740,000.00 30,770,000.00 30,605,000.00 44,947,000.00 30,406,000.00 30,338,000.00 30,372,000.00 43,707,000.00 30,258,000.00 30,569,000.00 30,757,000.00 43,744,000.00 30,756,000.00 30,545,000.00 30,618,000.00 43,098,000.00 30,552,000.00 30,711,000.00 32,187,000.00 45,997,000.00
      Capital Stock 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 22,000.00 23,000.00 23,000.00 23,000.00 23,000.00 23,000.00 23,000.00 23,000.00 23,000.00
      Share Premium 41,255,000.00 41,269,000.00 41,250,000.00 41,237,000.00 41,217,000.00 41,218,000.00 41,200,000.00 41,190,000.00 41,306,000.00 41,387,000.00 41,575,000.00 41,673,000.00 41,689,000.00 41,654,000.00 41,813,000.00 41,806,000.00 41,788,000.00 41,793,000.00 41,775,000.00 41,756,000.00
      Retained Earnings -10,523,000.00 -10,497,000.00 -10,558,000.00 -10,633,000.00 -10,658,000.00 -10,640,000.00 -10,574,000.00 -10,689,000.00 -10,652,000.00 -10,550,000.00 -10,499,000.00 -10,551,000.00 -10,593,000.00 -10,540,000.00 -10,544,000.00 -10,595,000.00 -10,617,000.00 -10,496,000.00 -9,124,000.00 -9,936,000.00
      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 -14,000.00 -24,000.00 -109,000.00 -95,000.00 -175,000.00 -262,000.00 -276,000.00 -217,000.00 -418,000.00 -290,000.00 -341,000.00 -402,000.00 -363,000.00 -592,000.00 -674,000.00 -411,000.00 -642,000.00 -609,000.00 -487,000.00 -407,000.00
   Minority Interest 1,293,000.00 1,311,000.00 1,321,000.00 1,336,000.00 1,340,000.00 1,356,000.00 1,371,000.00 1,423,000.00 1,323,000.00 1,340,000.00 1,357,000.00 1,372,000.00 1,379,000.00 1,080,000.00 1,089,000.00 1,098,000.00 440,000.00 429,000.00 416,000.00 402,000.00
Investments 15,556,000.00 15,823,000.00 15,969,000.00 15,816,000.00 7,907,000.00 7,877,000.00 7,930,000.00 15,761,000.00 7,691,000.00 7,688,000.00 7,638,000.00 15,355,000.00 7,705,000.00 7,787,000.00 7,809,000.00 15,163,000.00 7,797,000.00 8,760,000.00 7,739,000.00 15,859,000.00
Debt 33,661,000.00 33,447,000.00 36,053,000.00 34,367,000.00 34,015,000.00 34,773,000.00 34,121,000.00 38,296,000.00 34,131,000.00 34,152,000.00 33,666,000.00 35,648,000.00 34,850,000.00 34,967,000.00 35,882,000.00 35,966,000.00 35,646,000.00 35,443,000.00 35,407,000.00 37,247,000.00
Net Debt 33,528,000.00 33,250,000.00 35,758,000.00 34,153,000.00 33,882,000.00 34,649,000.00 33,978,000.00 38,200,000.00 34,034,000.00 33,632,000.00 33,228,000.00 34,854,000.00 34,127,000.00 34,550,000.00 35,534,000.00 34,819,000.00 35,367,000.00 32,968,000.00 33,984,000.00 36,038,000.00
Common Shares Outstanding 2,224,753.58 2,222,067.56 2,222,058.21 2,221,647.77 2,221,626.12 2,219,403.60 2,219,374.65 2,219,729.64 2,227,817.83 2,228,894.50 2,241,158.00 2,247,681.63 2,249,727.83 2,257,464.96 2,267,382.72 2,267,391.53 2,267,381.48 2,264,604.75 2,264,470.73 2,264,257.34
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 12,429,000.00 8,283,000.00 4,241,000.00 -7,269,000.00 11,113,000.00 7,414,000.00 3,842,000.00 -7,239,000.00 11,296,000.00 7,389,000.00 3,888,000.00 -9,158,000.00 14,621,000.00 9,444,000.00 4,293,000.00 -9,147,000.00 12,185,000.00 8,361,000.00 5,211,000.00
Cost Of Revenue 8,180,000.00 5,384,000.00 2,956,000.00 2,413,000.00 3,098,000.00 2,074,000.00 1,107,000.00 -2,054,000.00 3,591,000.00 2,186,000.00 1,215,000.00 -4,376,000.00 7,294,000.00 4,577,000.00 1,894,000.00 -2,820,000.00 4,504,000.00 2,945,000.00 2,009,000.00
Gross Profit 4,249,000.00 2,899,000.00 1,285,000.00 -9,682,000.00 8,015,000.00 5,340,000.00 2,735,000.00 -5,185,000.00 7,705,000.00 5,203,000.00 2,673,000.00 -4,782,000.00 7,327,000.00 4,867,000.00 2,399,000.00 -6,327,000.00 7,681,000.00 5,416,000.00 3,202,000.00
Operating Expenses 889,000.00 602,000.00 140,000.00 -7,306,000.00 4,739,000.00 3,079,000.00 1,512,000.00 -2,868,000.00 4,543,000.00 2,979,000.00 1,479,000.00 -2,832,000.00 4,366,000.00 2,837,000.00 1,375,000.00 -4,269,000.00 5,715,000.00 4,294,000.00 1,316,000.00
   Selling, General and Administrative Expenses 1,220,000.00 818,000.00 409,000.00 -147,000.00 857,000.00 574,000.00 286,000.00 -1,088,000.00 816,000.00 906,000.00 455,000.00 -813,000.00 1,248,000.00 824,000.00 412,000.00 -821,000.00 1,279,000.00 832,000.00 414,000.00
   Other Operating Expenses -331,000.00 -216,000.00 -269,000.00 -7,159,000.00 3,882,000.00 2,505,000.00 1,226,000.00 -1,780,000.00 3,727,000.00 2,073,000.00 1,024,000.00 -2,019,000.00 3,118,000.00 2,013,000.00 963,000.00 -3,448,000.00 4,436,000.00 3,462,000.00 902,000.00
Operating Income 3,360,000.00 2,297,000.00 1,145,000.00 -2,376,000.00 3,276,000.00 2,261,000.00 1,223,000.00 -2,317,000.00 3,162,000.00 2,224,000.00 1,194,000.00 -1,950,000.00 2,961,000.00 2,030,000.00 1,024,000.00 -2,058,000.00 1,966,000.00 1,122,000.00 1,886,000.00
Net Non-Operating Income -673,000.00 -449,000.00 -216,000.00 533,000.00 -760,000.00 -509,000.00 -241,000.00 565,000.00 -785,000.00 -547,000.00 -295,000.00 248,000.00 -517,000.00 -315,000.00 -146,000.00 258,000.00 -522,000.00 -323,000.00 -110,000.00
Interest Expense 1,359,000.00 903,000.00 451,000.00 -966,000.00 1,402,000.00 936,000.00 472,000.00 -881,000.00 1,345,000.00 888,000.00 445,000.00 -595,000.00 1,087,000.00 688,000.00 333,000.00 -761,000.00 1,122,000.00 754,000.00 377,000.00
Net Interest -1,359,000.00 -903,000.00 -451,000.00 966,000.00 -1,402,000.00 -936,000.00 -472,000.00 881,000.00 -1,345,000.00 -888,000.00 -445,000.00 595,000.00 -1,087,000.00 -688,000.00 -333,000.00 761,000.00 -1,122,000.00 -754,000.00 -377,000.00
EBT 2,687,000.00 1,848,000.00 929,000.00 -1,843,000.00 2,516,000.00 1,752,000.00 982,000.00 -1,752,000.00 2,377,000.00 1,677,000.00 899,000.00 -1,702,000.00 2,444,000.00 1,715,000.00 878,000.00 -1,800,000.00 1,444,000.00 799,000.00 1,776,000.00
Income Tax 548,000.00 363,000.00 186,000.00 -389,000.00 490,000.00 377,000.00 209,000.00 -354,000.00 509,000.00 364,000.00 196,000.00 -374,000.00 512,000.00 378,000.00 194,000.00 -344,000.00 248,000.00 114,000.00 351,000.00
Equity Method Investments Income 647,000.00 426,000.00 220,000.00 1,314,000.00 662,000.00 451,000.00 243,000.00 -307,000.00 607,000.00 373,000.00 165,000.00 -317,000.00 564,000.00 369,000.00 187,000.00 -90,000.00 392,000.00 223,000.00 66,000.00
Net Income Including Non-Controlling Interests 1,981,000.00 1,379,000.00 691,000.00 -1,346,000.00 1,866,000.00 1,267,000.00 719,000.00 -1,302,000.00 1,726,000.00 1,217,000.00 655,000.00 -1,270,000.00 1,824,000.00 1,267,000.00 650,000.00 -1,392,000.00 1,098,000.00 619,000.00 1,393,000.00
Net Income Non-Controlling Interests 79,000.00 53,000.00 26,000.00 -54,000.00 80,000.00 54,000.00 27,000.00 -48,000.00 71,000.00 48,000.00 24,000.00 -29,000.00 54,000.00 35,000.00 17,000.00 -32,000.00 49,000.00 33,000.00 16,000.00
Net Income 2,060,000.00 1,432,000.00 717,000.00 -1,400,000.00 1,946,000.00 1,321,000.00 746,000.00 -1,350,000.00 1,797,000.00 1,265,000.00 679,000.00 -1,299,000.00 1,878,000.00 1,302,000.00 667,000.00 -1,424,000.00 1,147,000.00 652,000.00 1,409,000.00
EBIT 4,046,000.00 2,751,000.00 1,380,000.00 -2,809,000.00 3,918,000.00 2,688,000.00 1,454,000.00 -2,633,000.00 3,722,000.00 2,565,000.00 1,344,000.00 -2,297,000.00 3,531,000.00 2,403,000.00 1,211,000.00 -2,561,000.00 2,566,000.00 1,553,000.00 2,153,000.00
Deprecation and Amortization 1,835,000.00 1,226,000.00 610,000.00 -1,162,000.00 1,758,000.00 1,171,000.00 587,000.00 -1,120,000.00 1,683,000.00 1,122,000.00 565,000.00 -1,065,000.00 1,632,000.00 1,081,000.00 538,000.00 -1,070,000.00 1,595,000.00 1,069,000.00 541,000.00
EBITDA 5,881,000.00 3,977,000.00 1,990,000.00 -3,971,000.00 5,676,000.00 3,859,000.00 2,041,000.00 -3,753,000.00 5,405,000.00 3,687,000.00 1,909,000.00 -3,362,000.00 5,163,000.00 3,484,000.00 1,749,000.00 -3,631,000.00 4,161,000.00 2,622,000.00 2,694,000.00
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 2,223,000.00 2,222,000.00 2,222,000.00 2,221,000.00 2,220,000.00 2,219,000.00 2,220,000.00 2,209,000.00 2,238,000.00 2,242,000.00 2,247,000.00 2,237,000.00 2,262,000.00 2,266,000.00 2,267,000.00 2,271,000.00 2,265,000.00 2,264,000.00 2,264,000.00
Average Shares Outstanding Diluted 2,223,000.00 2,222,000.00 2,222,000.00 2,221,000.00 2,220,000.00 2,219,000.00 2,220,000.00 2,209,000.00 2,238,000.00 2,242,000.00 2,247,000.00 2,237,000.00 2,262,000.00 2,266,000.00 2,267,000.00 2,271,000.00 2,265,000.00 2,264,000.00 2,264,000.00
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
Operating Cash Flow 4,225,000.00 2,811,000.00 1,162,000.00 -2,555,000.00 4,125,000.00 2,876,000.00 1,189,000.00 -1,894,000.00 4,169,000.00 2,883,000.00 1,333,000.00 -2,328,000.00 3,563,000.00 2,648,000.00 1,084,000.00 -3,916,000.00 4,440,000.00 3,311,000.00 1,873,000.00
   Operating Net Income 19,228,000.00 13,116,000.00 6,567,000.00 -10,938,000.00 18,514,000.00 12,567,000.00 6,758,000.00 1,846,000.00 17,519,000.00 3,891,000.00 2,085,000.00 -2,192,000.00 5,742,000.00 3,976,000.00 2,035,000.00 -4,993,000.00 3,539,000.00 2,022,000.00 4,259,000.00
   Deprecation and Amortization 1,835,000.00 1,226,000.00 610,000.00 -1,162,000.00 1,758,000.00 1,171,000.00 587,000.00 -1,120,000.00 1,683,000.00 1,122,000.00 565,000.00 -1,065,000.00 1,632,000.00 1,081,000.00 538,000.00 -1,070,000.00 1,595,000.00 1,069,000.00 541,000.00
   Deferred Income Tax 512,000.00 327,000.00 167,000.00 -362,000.00 454,000.00 357,000.00 198,000.00 -329,000.00 495,000.00 354,000.00 190,000.00 -366,000.00 499,000.00 369,000.00 190,000.00 -333,000.00 236,000.00 105,000.00 347,000.00
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -301,000.00 -240,000.00 -404,000.00 1,673,000.00 -598,000.00 -472,000.00 -664,000.00 3,655,000.00 -900,000.00 -1,271,000.00 -1,483,000.00 -959,000.00 701,000.00 1,040,000.00 -132,000.00 -15,000.00 569,000.00 459,000.00 81,000.00
   Other Operating Activities -17,049,000.00 -11,618,000.00 -5,778,000.00 8,234,000.00 -16,003,000.00 -10,747,000.00 -5,690,000.00 -5,946,000.00 -14,628,000.00 -1,213,000.00 -24,000.00 2,254,000.00 -5,011,000.00 -3,818,000.00 -1,547,000.00 2,495,000.00 -1,499,000.00 -344,000.00 -3,355,000.00
Investing Cash Flow -2,702,000.00 -2,039,000.00 -1,414,000.00 973,000.00 -1,858,000.00 -1,172,000.00 -572,000.00 -848,000.00 -1,733,000.00 -1,086,000.00 -508,000.00 413,000.00 -1,545,000.00 -672,000.00 -371,000.00 -413,000.00 -1,911,000.00 -111,000.00 130,000.00
   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 2,206,000.00 1,413,000.00 766,000.00 -1,047,000.00 1,857,000.00 1,200,000.00 619,000.00 -921,000.00 1,689,000.00 1,042,000.00 507,000.00 -709,000.00 1,144,000.00 779,000.00 407,000.00 -425,000.00 894,000.00 545,000.00 267,000.00
   Net Purchase/Sale of Investments Net 14,000.00 1,000.00 3,000.00 106,000.00 -33,000.00 -49,000.00 -30,000.00 -43,000.00 18,000.00 12,000.00 17,000.00 0 -17,000.00 -19,000.00 3,000.00 -6,000.00 1,000.00 1,000.00 12,000.00
   Net Purchase/Sale of Business 751,000.00 717,000.00 690,000.00 -150,000.00 151,000.00 102,000.00 18,000.00 -175,000.00 192,000.00 150,000.00 45,000.00 130,000.00 64,000.00 24,000.00 11,000.00 -2,527,000.00 865,000.00 852,000.00 848,000.00
   Net Loan & Lease Activity 41,000.00 41,000.00 31,000.00 32,000.00 25,000.00
   Other Investing Activities -5,673,000.00 -4,170,000.00 -2,873,000.00 2,023,000.00 -3,833,000.00 -2,425,000.00 -1,179,000.00 250,000.00 -3,632,000.00 -2,290,000.00 -1,077,000.00 928,000.00 -2,736,000.00 -1,456,000.00 -792,000.00 2,513,000.00 -3,671,000.00 -1,509,000.00 -997,000.00
Financing Cash Flow -1,604,000.00 -789,000.00 333,000.00 1,589,000.00 -2,230,000.00 -1,676,000.00 -570,000.00 3,371,000.00 -3,133,000.00 -2,071,000.00 -1,181,000.00 3,515,000.00 -2,442,000.00 -2,706,000.00 -1,512,000.00 4,223,000.00 -3,459,000.00 -2,440,000.00 -1,789,000.00
   Net Issuance/Repayment of Debt 16,344,000.00 12,433,000.00 4,723,000.00 -16,813,000.00 17,740,000.00 12,182,000.00 7,889,000.00 -7,082,000.00 9,424,000.00 6,630,000.00 5,974,000.00 -14,185,000.00 18,467,000.00 10,470,000.00 4,041,000.00 -13,380,000.00 11,409,000.00 7,383,000.00 7,378,000.00
   Net Issuance/Repurchase of Equity 0 0 0 -14,000.00 7,000.00 7,000.00 7,000.00 -298,000.00 390,000.00 317,000.00 113,000.00 -139,000.00 333,000.00 173,000.00 1,000.00 0 0 0 0
   Dividends Paid 2,072,000.00 1,374,000.00 683,000.00 -1,350,000.00 2,038,000.00 1,353,000.00 670,000.00 -1,349,000.00 2,019,000.00 1,344,000.00 666,000.00 -1,283,000.00 1,961,000.00 1,300,000.00 642,000.00 -1,198,000.00 1,842,000.00 1,220,000.00 599,000.00
   Other Financing Activities -20,020,000.00 -14,596,000.00 -5,073,000.00 19,766,000.00 -22,015,000.00 -15,218,000.00 -9,136,000.00 12,100,000.00 -14,966,000.00 -10,362,000.00 -7,934,000.00 19,122,000.00 -23,203,000.00 -14,649,000.00 -6,196,000.00 18,801,000.00 -16,710,000.00 -11,043,000.00 -9,766,000.00
Net Change in Cash -81,000.00 -17,000.00 81,000.00 6,000.00 37,000.00 28,000.00 47,000.00 629,000.00 -697,000.00 -274,000.00 -356,000.00 1,600,000.00 -424,000.00 -730,000.00 -799,000.00 -106,000.00 -930,000.00 760,000.00 214,000.00
   Cash at Beginning of Period 214,000.00 214,000.00 214,000.00 208,000.00 96,000.00 96,000.00 96,000.00 -533,000.00 794,000.00 794,000.00 794,000.00 -806,000.00 1,147,000.00 1,147,000.00 1,147,000.00 1,253,000.00 1,209,000.00 1,209,000.00 1,209,000.00
   Cash at End of Period 133,000.00 197,000.00 295,000.00 214,000.00 133,000.00 124,000.00 143,000.00 96,000.00 97,000.00 520,000.00 438,000.00 794,000.00 723,000.00 417,000.00 348,000.00 1,147,000.00 279,000.00 1,969,000.00 1,423,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0