KULR
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -315.56 | -7.40 | -53.33 | -147.20 | |
| Price to Sales | 493.91 | 17.75 | 253.97 | 893.93 | |
| Book Value Per Common Share | 0.22 | -0.03 | 0.09 | 0.16 | 0.07 |
| Price to Book | 130.88 | -45.40 | 103.45 | 141.36 | |
| Price to Operating Cash Flow | -305.71 | -14.57 | -58.43 | -316.79 | |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | -8.85 | -23.77 | -150.86 | -32.57 | -45.14 | -76.00 | -17.95 | -46.55 | -116.97 | -73.14 | -137.78 | -434.00 | ||||||||
| Price to Sales | 11.82 | 40.08 | 1200.00 | 53.65 | 122.48 | 247.15 | 44.10 | 131.28 | 449.90 | 489.95 | 1631.58 | 8680.00 | 1033.54 | 1900.00 | ||||||
| Book Value Per Common Share | 3.47 | 3.46 | 0.32 | 0.22 | 0.06 | 0.05 | 0.04 | -0.03 | 0.01 | 0.03 | 0.07 | 0.09 | 0.07 | 0.11 | 0.13 | 0.16 | 0.12 | 0.13 | 0.05 | 0.07 |
| Price to Book | 1.20 | 2.06 | 33.50 | 130.88 | 39.72 | 66.95 | 82.61 | -45.40 | 305.45 | 174.74 | 100.55 | 103.45 | 138.94 | 111.41 | 137.89 | 141.36 | 136.95 | 157.83 | ||
| Price to Operating Cash Flow | -5.07 | -11.85 | -301.71 | -31.62 | -55.63 | -110.95 | -30.35 | -59.26 | -166.31 | -79.88 | -142.53 | -389.24 | -314.56 | -486.70 | ||||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 9.23 | 146.08 | 65.56 | 286.70 | |
| EBITDA YoY | |||||
| 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 | 107.21 | 162.26 | 76.19 | 139.04 | 68.26 | 153.17 | 113.35 | 176.79 | 293.04 | 57.44 | 150.33 | |||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | 89.74 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.16 | 0.01 | 0.10 | 0.15 | 0.10 |
| Quick Ratio | 6.96 | 0.30 | 1.23 | 6.10 | 3.03 |
| Current Ratio | 7.32 | 0.57 | 1.63 | 6.41 | 3.10 |
| Debt to Equity | 0.10 | -5.98 | 1.25 | 0.18 | 0.51 |
| Long-Term Debt to Equity | 0.01 | -2.82 | 0.33 | 0.02 | 0.02 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.54 | 0.57 | 0.09 | 0.11 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 0.09 | 0.16 | 0.13 | 0.10 | 0.14 | 0.11 | 0.12 | 0.07 | 0.10 |
| Quick Ratio | 3.47 | 6.61 | 8.24 | 6.96 | 0.60 | 0.47 | 0.24 | 0.30 | 0.22 | 0.33 | 0.77 | 1.23 | 0.98 | 1.90 | 4.04 | 6.10 | 7.58 | 10.21 | 2.67 | 3.03 |
| Current Ratio | 4.12 | 8.29 | 9.19 | 7.32 | 0.81 | 0.62 | 0.46 | 0.57 | 0.44 | 0.60 | 1.04 | 1.63 | 1.12 | 2.19 | 4.90 | 6.41 | 8.00 | 10.75 | 2.92 | 3.10 |
| Debt to Equity | 0.05 | 0.04 | 0.05 | 0.10 | 1.39 | 1.97 | 3.37 | -5.98 | 9.50 | 3.39 | 1.44 | 1.25 | 2.27 | 0.63 | 0.21 | 0.18 | 0.16 | 0.14 | 0.53 | 0.51 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.23 | 0.34 | 0.56 | -2.82 | 0.00 | 0.00 | 0.05 | 0.33 | 0.02 | 0.03 | 0.02 | 0.02 | 0.04 | 0.04 | 0.01 | 0.02 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -27.85 | -218.09 | -82.27 | -61.94 | -30.95 |
| ROE | -30.51 | 1085.52 | -185.22 | -72.78 | -46.58 |
| Gross Margin | 51.07 | 37.29 | 59.18 | 54.33 | 72.91 |
| Operating Margin | -161.25 | -233.62 | -479.50 | -493.51 | -455.93 |
| EBITDA Margin | -144.48 | -211.10 | -473.01 | -490.71 | -453.40 |
| Net Profit Margin | -163.20 | -241.03 | -486.56 | -493.65 | -456.77 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 9.26 | 5.39 | -0.10 | -104.44 | -95.67 | -44.31 | -146.74 | -84.79 | -32.84 | -57.77 | -48.46 | -54.48 | -32.97 | |||||||
| ROE | 9.77 | 5.58 | -0.10 | -249.38 | -284.20 | -193.42 | -1541.46 | -372.46 | -80.28 | -188.82 | -78.78 | -63.26 | -37.67 | |||||||
| Gross Margin | 11.64 | 14.33 | 8.43 | 45.35 | 25.91 | 29.20 | 39.79 | 36.94 | 36.56 | 32.20 | 30.64 | 38.69 | 47.20 | 31.70 | 34.13 | |||||
| Operating Margin | -339.11 | -460.12 | -1535.69 | -172.50 | -256.71 | -278.78 | -239.56 | -282.38 | -366.12 | -655.65 | -1186.22 | -2062.68 | -475.72 | -453.11 | -410.11 | |||||
| EBITDA Margin | -332.19 | -450.93 | -1523.66 | -151.62 | -227.56 | -240.31 | -219.12 | -263.03 | -351.90 | -649.19 | -1174.99 | -2042.00 | -473.95 | -452.17 | -408.97 | |||||
| Net Profit Margin | 108.64 | 118.65 | -3.69 | -175.15 | -260.68 | -286.37 | -246.79 | -290.39 | -375.20 | -686.67 | -1191.71 | -475.86 | -453.27 |
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 | 62,927.19 | 10,864.36 | 23,625.93 | 19,231.30 | 9,208.14 |
| Current Assets | 34,164.06 | 3,904.34 | 15,735.98 | 15,761.30 | 9,150.28 |
| Cash and Short-Term Investments | 29,831.86 | 1,194.76 | 10,333.56 | 14,863.30 | 8,880.14 |
| Cash and Cash Equivalents | 29,831.86 | 1,194.76 | 10,333.56 | 14,863.30 | 8,880.14 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 2,645.19 | 901.67 | 1,542.12 | 136.33 | 55.49 |
| Inventory | 545.47 | 1,149.05 | 1,962.04 | 191.31 | 55.45 |
| Other Current Assets | 1,141.54 | 658.86 | 1,898.27 | 570.36 | 159.20 |
| Non-Current Assets | 28,763.13 | 6,960.01 | 7,889.95 | 3,470.01 | 57.86 |
| Property, Plant, Equipment Net | 4,893.32 | 4,827.35 | 3,521.98 | 1,040.16 | 57.86 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 577.10 | 1,262.97 | 1,264.34 | 216.95 | 0 |
| Long-Term Investments | 1,446.49 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 21,846.23 | 869.70 | 3,103.62 | 2,212.89 | 0.00 |
| Liabilities | 5,499.20 | 13,047.05 | 13,132.20 | 2,866.26 | 3,089.59 |
| Current Liabilities | 4,665.63 | 6,899.10 | 9,680.51 | 2,458.36 | 2,947.30 |
| Payables and Expenses | 2,431.11 | 6,232.89 | 2,588.02 | 872.66 | 345.59 |
| Account Payables | 2,061.27 | 2,769.54 | 1,408.02 | 454.51 | 66.54 |
| Current Accrued Liabilities | 369.85 | 1,875.00 | 1,180.00 | 418.15 | 279.05 |
| Short-Term Debt | 1,012.48 | 102.19 | 223.65 | 417.61 | 2,334.74 |
| Other Current Liabilities | 1,222.04 | 564.02 | 6,868.85 | 1,168.10 | 266.97 |
| Non-Current Liabilities | 833.57 | 6,147.95 | 3,451.69 | 407.90 | 142.29 |
| Long-Term Debt | 822.60 | 250.00 | 97.96 | 407.90 | 142.29 |
| Other Non-Current Liabilities | 10.97 | 5,897.95 | 3,353.73 | 0.00 | 0.00 |
| Equity | 57,427.99 | -2,182.70 | 10,493.73 | 16,365.04 | 6,118.55 |
| Shareholders Equity | 57,427.99 | -4,365.39 | 10,493.73 | 16,365.04 | 6,118.55 |
| Capital Stock | 26.55 | 13.40 | 11.32 | 10.48 | 8.99 |
| Share Premium | 141,508.88 | 64,387.72 | 53,372.67 | 39,512.12 | 17,355.97 |
| Retained Earnings | -83,811.22 | -66,287.59 | -42,594.04 | -23,157.56 | -11,246.41 |
| Treasury Shares | 296.22 | 296.22 | 296.22 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 21,727.67 | 901.67 | 1,542.12 | 136.33 | 55.49 |
| Debt | 1,835.08 | 102.19 | 321.60 | 825.50 | 2,477.03 |
| Common Shares Outstanding | 264,670.49 | 133,900.51 | 113,071.59 | 104,792.07 | 89,908.60 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 10,737.48 | 9,830.17 | 3,994.63 | 2,412.87 | 623.97 |
| Cost Of Revenue | 5,254.28 | 6,164.31 | 1,630.53 | 1,102.04 | 169.02 |
| Gross Profit | 5,483.20 | 3,665.86 | 2,364.11 | 1,310.83 | 454.95 |
| Operating Expenses | 20,718.16 | 26,077.80 | 20,650.09 | 12,824.25 | 2,795.38 |
| Selling, General and Administrative Expenses | 15,979.85 | 19,882.40 | 16,672.53 | 11,162.06 | 2,505.61 |
| Research and Development Expenses | 4,738.31 | 6,195.40 | 3,977.56 | 1,662.18 | 289.77 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -15,234.96 | -22,411.95 | -18,285.98 | -11,513.42 | -2,340.43 |
| Net Non-Operating Income | -2,288.67 | -1,281.61 | -1,150.50 | -397.74 | -509.66 |
| Interest Income | 220.39 | 9.90 | -653.82 | 0 | 0 |
| Interest Expense | 209.82 | 728.32 | 282.05 | 3.34 | 5.27 |
| Net Interest | 10.57 | -718.42 | -935.87 | -3.34 | -5.27 |
| EBT | -17,523.63 | -23,693.56 | -19,436.48 | -11,911.15 | -2,850.10 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -17,523.63 | -23,693.56 | -19,436.48 | -11,911.15 | -2,850.10 |
| EBIT | -17,313.81 | -22,965.24 | -19,154.42 | -11,907.82 | -2,844.83 |
| Deprecation and Amortization | 1,800.84 | 2,214.09 | 259.40 | 67.72 | 15.75 |
| EBITDA | -15,512.97 | -20,751.14 | -18,895.03 | -11,840.10 | -2,829.08 |
| 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 | 186,597.13 | 117,820.74 | 105,655.77 | 97,708.08 | 0 |
| Average Shares Outstanding Diluted | 186,597.13 | 117,820.74 | 105,655.77 | 97,708.08 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -17,341.67 | -11,965.39 | -17,354.12 | -6,805.67 | -2,700.00 |
| Operating Net Income | -52,570.89 | -71,080.67 | -19,436.48 | -11,911.15 | -2,850.10 |
| Deprecation and Amortization | 1,800.84 | 2,214.09 | 259.40 | 67.72 | 15.75 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 2,781.57 | 3,502.74 | 4,175.01 | 4,200.09 | 343.85 |
| Change in Working Capital | -1,331.85 | -197.99 | 5,685.58 | 1,757.90 | -519.72 |
| Other Operating Activities | 31,978.66 | 53,596.44 | -8,037.64 | -920.23 | 310.22 |
| Investing Cash Flow | -21,596.19 | -1,046.11 | -4,647.97 | -2,737.24 | -46.09 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 573.44 | 401.15 | 3,226.54 | 583.28 | 46.09 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -22,169.64 | -1,447.26 | -7,874.52 | -3,320.52 | -92.17 |
| Financing Cash Flow | 67,574.96 | 3,872.70 | 17,472.36 | 15,526.07 | 11,547.62 |
| Net Issuance/Repayment of Debt | 6,755.84 | 250.00 | 25,150.00 | 4,450.00 | 8,334.23 |
| Net Issuance/Repurchase of Equity | 148,627.36 | 8,049.25 | 3,074.29 | 11,841.07 | 898.30 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -87,808.24 | -4,426.55 | -10,751.93 | -765.00 | 2,315.10 |
| Net Change in Cash | 28,637.09 | -9,138.80 | -4,529.74 | 5,983.16 | 8,771.28 |
| Cash at Beginning of Period | 1,194.76 | 10,333.56 | 14,863.30 | 8,880.14 | 128.72 |
| Cash at End of Period | 29,831.86 | 1,194.76 | 10,333.56 | 14,863.30 | 8,900.00 |
| 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 | 156,062.81 | 141,463.21 | 93,804.07 | 62,927.19 | 12,354.81 | 11,392.45 | 11,304.09 | 10,864.36 | 12,607.14 | 15,258.53 | 20,108.67 | 23,625.93 | 25,928.36 | 19,381.17 | 16,013.76 | 19,231.30 | 14,386.57 | 14,382.51 | 7,203.65 | 9,208.14 |
| Current Assets | 28,528.13 | 31,047.83 | 30,766.38 | 34,164.06 | 4,826.06 | 3,865.98 | 3,368.61 | 3,904.34 | 5,051.86 | 7,065.09 | 11,913.08 | 15,735.98 | 19,917.99 | 15,626.68 | 12,531.11 | 15,761.30 | 12,181.96 | 13,445.36 | 7,150.56 | 9,150.28 |
| Cash and Short-Term Investments | 20,588.60 | 20,570.11 | 24,449.30 | 29,831.86 | 912.42 | 1,016.94 | 798.84 | 1,194.76 | 1,167.32 | 1,320.65 | 7,186.03 | 10,333.56 | 16,168.86 | 12,991.73 | 10,132.68 | 14,863.30 | 10,990.06 | 12,159.58 | 6,200.00 | 8,880.14 |
| Cash and Cash Equivalents | 20,588.60 | 20,570.11 | 24,449.30 | 29,831.86 | 912.42 | 1,016.94 | 798.84 | 1,194.76 | 1,167.32 | 1,320.65 | 7,186.03 | 10,333.56 | 16,168.86 | 12,991.73 | 10,132.68 | 14,863.30 | 10,990.06 | 12,159.58 | 6,200.00 | 8,880.14 |
| 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 | 3,446.95 | 4,159.05 | 3,139.85 | 2,645.19 | 2,682.94 | 1,927.20 | 983.31 | 901.67 | 1,296.81 | 2,588.65 | 1,654.70 | 1,542.12 | 1,344.97 | 564.23 | 193.09 | 136.33 | 550.38 | 614.78 | 345.30 | 55.49 |
| Inventory | 784.61 | 772.12 | 485.79 | 545.47 | 606.25 | 535.20 | 1,052.42 | 1,149.05 | 1,551.40 | 1,380.40 | 1,669.63 | 1,962.04 | 342.17 | 284.57 | 287.33 | 191.31 | 190.77 | 182.46 | 54.13 | 55.45 |
| Other Current Assets | 3,707.97 | 5,546.55 | 2,691.45 | 1,141.54 | 624.45 | 386.64 | 534.03 | 658.86 | 1,036.34 | 1,775.38 | 1,402.71 | 1,898.27 | 2,061.98 | 1,786.14 | 1,918.01 | 570.36 | 450.76 | 488.54 | 551.13 | 159.20 |
| Non-Current Assets | 127,534.69 | 110,415.38 | 63,037.69 | 28,763.13 | 7,528.75 | 7,526.47 | 7,935.48 | 6,960.01 | 7,555.28 | 8,193.44 | 8,195.58 | 7,889.95 | 6,010.36 | 3,754.50 | 3,482.65 | 3,470.01 | 2,204.61 | 937.15 | 53.09 | 57.86 |
| Property, Plant, Equipment Net | 4,937.74 | 5,157.07 | 4,751.61 | 4,893.32 | 4,871.07 | 5,253.11 | 5,768.06 | 4,827.35 | 5,102.98 | 5,728.31 | 6,069.30 | 3,521.98 | 1,207.30 | 829.13 | 828.41 | 1,040.16 | 1,115.87 | 878.21 | 53.09 | 57.86 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 470.38 | 505.95 | 541.52 | 577.10 | 612.67 | 648.25 | 683.82 | 1,262.97 | 754.97 | 790.12 | 750.45 | 1,264.34 | 207.52 | 210.66 | 213.81 | 216.95 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 3,325.05 | 1,402.96 | 1,446.49 | 366.27 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 122,126.57 | 101,427.32 | 56,341.59 | 21,846.23 | 1,678.73 | 1,625.11 | 1,483.60 | 869.70 | 1,697.33 | 1,675.01 | 1,375.84 | 3,103.62 | 4,595.55 | 2,714.70 | 2,440.43 | 2,212.89 | 1,088.75 | 58.94 | 0.00 | 0.00 |
| Liabilities | 8,105.19 | 5,013.50 | 4,124.83 | 5,499.20 | 7,180.78 | 7,557.36 | 8,714.49 | 13,047.05 | 11,406.97 | 11,784.90 | 11,883.55 | 13,132.20 | 17,995.91 | 7,460.30 | 2,823.92 | 2,866.26 | 1,997.62 | 1,793.30 | 2,484.04 | 3,089.59 |
| Current Liabilities | 6,929.09 | 3,743.84 | 3,347.39 | 4,665.63 | 5,983.82 | 6,247.46 | 7,276.23 | 6,899.10 | 11,406.97 | 11,784.90 | 11,498.75 | 9,680.51 | 17,840.14 | 7,148.97 | 2,556.02 | 2,458.36 | 1,522.08 | 1,250.96 | 2,451.11 | 2,947.30 |
| Payables and Expenses | 1,237.84 | 1,812.70 | 1,212.11 | 2,431.11 | 4,375.17 | 4,811.56 | 5,800.67 | 6,232.89 | 4,831.52 | 2,463.55 | 2,216.17 | 2,588.02 | 2,046.51 | 1,163.53 | 972.43 | 872.66 | 299.56 | 297.03 | 387.37 | 345.59 |
| Account Payables | 1,237.84 | 1,812.70 | 1,212.11 | 2,061.27 | 1,154.74 | 1,060.69 | 2,376.74 | 2,769.54 | 1,813.19 | 1,102.55 | 895.37 | 1,408.02 | 957.95 | 301.48 | 188.74 | 454.51 | 67.36 | 119.68 | 178.37 | 66.54 |
| Current Accrued Liabilities | 0 | 0 | 0 | 369.85 | 1,935.00 | 2,094.94 | 2,003.61 | 1,875.00 | 1,645.35 | 1,361.00 | 1,320.80 | 1,180.00 | 1,088.56 | 862.05 | 783.70 | 418.15 | 232.20 | 177.35 | 209.00 | 279.05 |
| Short-Term Debt | 4,216.96 | 493.06 | 421.71 | 1,012.48 | 1,499.24 | 1,129.11 | 1,179.73 | 102.19 | 172.57 | 242.08 | 269.97 | 223.65 | 218.88 | 9,942.95 | 364.79 | 417.61 | 412.42 | 407.31 | 1,502.22 | 2,334.74 |
| Other Current Liabilities | 1,474.29 | 1,438.08 | 1,713.57 | 1,222.04 | 109.41 | 306.78 | 295.84 | 564.02 | 6,402.88 | 9,079.27 | 9,012.61 | 6,868.85 | 15,574.76 | -3,957.51 | 1,218.80 | 1,168.10 | 810.10 | 546.62 | 561.51 | 266.97 |
| Non-Current Liabilities | 1,176.10 | 1,269.66 | 777.44 | 833.57 | 1,196.96 | 1,309.90 | 1,438.26 | 6,147.95 | 0.00 | 0.00 | 384.80 | 3,451.69 | 155.76 | 311.33 | 267.90 | 407.90 | 475.54 | 542.34 | 32.93 | 142.29 |
| Long-Term Debt | 1,176.10 | 1,269.66 | 772.26 | 822.60 | 930.36 | 1,059.90 | 1,188.26 | 250.00 | 0 | 0 | 39.43 | 97.96 | 155.76 | 311.33 | 267.90 | 407.90 | 475.54 | 542.34 | 32.93 | 142.29 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 5.18 | 10.97 | 266.60 | 250.00 | 250.00 | 5,897.95 | 0 | 0 | 345.38 | 3,353.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | 147,957.63 | 136,449.72 | 89,679.24 | 57,427.99 | 5,174.03 | 3,835.09 | 2,589.60 | -2,182.70 | 1,200.17 | 3,473.63 | 8,225.12 | 10,493.73 | 7,932.45 | 11,920.88 | 13,189.83 | 16,365.04 | 12,388.95 | 12,589.21 | 4,719.61 | 6,118.55 |
| Shareholders Equity | 147,957.63 | 136,449.72 | 89,679.24 | 57,427.99 | 11,548.23 | 8,870.36 | 6,379.37 | -4,365.39 | 1,200.17 | 3,473.63 | 8,225.12 | 10,493.73 | 7,932.45 | 11,920.88 | 13,189.83 | 16,365.04 | 12,388.95 | 12,589.21 | 4,719.61 | 6,118.55 |
| Capital Stock | 4.36 | 4.05 | 28.57 | 26.55 | 20.20 | 18.88 | 17.40 | 13.40 | 12.77 | 11.89 | 11.80 | 11.32 | 10.77 | 10.72 | 10.49 | 10.48 | 10.20 | 10.06 | 9.26 | 8.99 |
| Share Premium | 249,796.65 | 231,315.14 | 192,628.11 | 141,508.88 | 84,640.81 | 81,299.43 | 74,164.89 | 64,387.72 | 62,577.79 | 59,289.86 | 57,706.44 | 53,372.67 | 46,448.41 | 44,824.15 | 40,913.19 | 39,512.12 | 31,462.96 | 28,567.43 | 17,671.48 | 17,355.97 |
| Retained Earnings | -101,449.65 | -94,475.73 | -102,617.88 | -83,811.22 | -79,190.76 | -77,187.00 | -71,296.47 | -66,287.59 | -61,094.17 | -55,531.89 | -49,196.90 | -42,594.04 | -38,230.51 | -32,548.80 | -27,294.11 | -23,157.56 | -19,084.21 | -15,988.27 | -12,961.13 | -11,246.41 |
| Treasury Shares | 393.74 | 393.74 | 359.55 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 296.22 | 365.20 | 439.73 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 120,523.26 | 202,303.25 | 111,966.34 | 21,727.67 | 366.27 | 1,927.20 | 983.31 | 901.67 | 1,296.81 | 2,588.65 | 1,654.70 | 1,542.12 | 1,344.97 | 564.23 | 193.09 | 136.33 | 550.38 | 614.78 | 345.30 | 55.49 |
| Debt | 5,393.06 | 1,762.72 | 1,193.97 | 1,835.08 | 2,429.60 | 2,189.01 | 2,367.99 | 102.19 | 172.57 | 242.08 | 309.39 | 321.60 | 374.64 | 10,254.28 | 632.69 | 825.50 | 887.96 | 949.65 | 1,535.15 | 2,477.03 |
| Net Debt | 0 | 0 | 0 | 0 | 1,517.18 | 1,172.07 | 1,569.15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 42,614.94 | 39,453.29 | 284,521.09 | 264,670.49 | 201,182.61 | 187,955.75 | 173,179.31 | 133,900.51 | 127,565.95 | 118,754.57 | 117,828.63 | 113,071.59 | 107,568.92 | 107,061.54 | 104,792.07 | 104,792.07 | 101,992.96 | 100,567.93 | 92,627.20 | 89,908.60 |
| 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 | 13,306.44 | 6,421.60 | 2,448.61 | -2,559.62 | 7,366.89 | 4,181.11 | 1,749.10 | -3,881.26 | 7,496.31 | 4,455.31 | 1,759.80 | 824.86 | 2,181.23 | 788.04 | 200.50 | -698.26 | 1,647.07 | 1,046.15 | 417.90 |
| Cost Of Revenue | 11,757.51 | 5,501.55 | 2,242.26 | -3,107.74 | 4,026.02 | 3,097.69 | 1,238.32 | -2,275.12 | 4,513.28 | 2,809.73 | 1,116.41 | -517.93 | 1,478.95 | 546.59 | 122.92 | -757.32 | 869.61 | 714.47 | 275.27 |
| Gross Profit | 1,548.93 | 920.05 | 206.34 | 548.12 | 3,340.87 | 1,083.42 | 510.79 | -1,606.14 | 2,983.03 | 1,645.58 | 643.39 | 1,342.80 | 702.28 | 241.46 | 77.58 | 59.06 | 777.46 | 331.68 | 142.64 |
| Operating Expenses | 56,815.78 | 38,709.75 | 19,093.95 | -10,551.54 | 15,034.96 | 11,067.21 | 5,167.52 | -15,150.76 | 20,420.76 | 13,903.70 | 6,904.11 | -8,189.24 | 15,001.14 | 9,581.92 | 4,256.27 | -1,761.49 | 8,278.10 | 4,691.84 | 1,615.79 |
| Selling, General and Administrative Expenses | 19,836.88 | 13,573.07 | 7,200.25 | -8,583.27 | 11,542.82 | 8,807.40 | 4,212.90 | -12,287.81 | 15,546.92 | 11,107.41 | 5,515.89 | -6,933.94 | 12,210.46 | 7,861.09 | 3,534.92 | -1,867.39 | 7,320.52 | 4,216.11 | 1,492.81 |
| Research and Development Expenses | 7,209.66 | 4,886.65 | 2,449.90 | -1,968.28 | 3,492.14 | 2,259.81 | 954.62 | -2,862.95 | 4,873.84 | 2,796.29 | 1,388.21 | -1,255.30 | 2,790.68 | 1,720.83 | 721.35 | 105.90 | 957.58 | 475.72 | 122.98 |
| Other Operating Expenses | 29,769.24 | 20,250.02 | 9,443.80 | 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 |
| Operating Income | -55,266.84 | -37,789.69 | -18,887.60 | 11,099.67 | -11,694.09 | -9,983.80 | -4,656.73 | 13,544.62 | -17,437.73 | -12,258.12 | -6,260.72 | 9,532.03 | -14,298.86 | -9,340.46 | -4,178.69 | 1,820.55 | -7,500.65 | -4,360.16 | -1,473.16 |
| Net Non-Operating Income | 9,995.00 | 8,230.34 | -18,725.71 | 188.15 | -1,209.07 | -915.61 | -352.14 | 802.66 | -1,062.40 | -679.73 | -342.14 | -462.89 | -678.96 | -50.78 | 42.13 | 562.69 | -337.15 | -381.70 | -241.57 |
| Interest Income | 615.72 | 349.92 | 178.82 | 220.39 | 0 | 0 | 0 | 12.83 | -2.93 | 0.00 | 0.00 | -653.82 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 147.91 | 12.52 | 10.40 | -284.25 | 195.12 | 166.24 | 132.70 | -330.34 | 541.69 | 357.04 | 159.93 | -438.75 | 676.62 | 43.28 | 0.91 | -1.55 | 2.39 | 1.63 | 0.86 |
| Net Interest | 467.81 | 337.40 | 168.42 | 504.64 | -195.12 | -166.24 | -132.70 | 343.17 | -544.62 | -357.04 | -159.93 | -215.07 | -676.62 | -43.28 | -0.91 | 1.55 | -2.39 | -1.63 | -0.86 |
| EBT | -45,271.85 | -29,559.35 | -37,613.31 | 11,287.82 | -12,903.17 | -10,899.40 | -5,008.88 | 14,347.28 | -18,500.13 | -12,937.85 | -6,602.86 | 9,069.14 | -14,977.83 | -9,391.24 | -4,136.56 | 2,383.24 | -7,837.80 | -4,741.87 | -1,714.72 |
| Income Tax | 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 Income | 14,456.62 | 7,619.06 | -90.24 | 11,287.82 | -12,903.17 | -10,899.40 | -5,008.88 | 14,347.28 | -18,500.13 | -12,937.85 | -6,602.86 | 4,932.59 | -14,977.83 | -9,391.24 | 0 | 668.51 | -7,837.80 | -4,741.87 | 0 |
| EBIT | -45,123.93 | -29,546.83 | -37,602.91 | 11,003.57 | -12,708.04 | -10,733.17 | -4,876.17 | 14,016.94 | -17,958.44 | -12,580.81 | -6,442.93 | 8,630.39 | -14,301.20 | -9,347.96 | -4,135.65 | 2,381.69 | -7,835.41 | -4,740.23 | -1,713.86 |
| Deprecation and Amortization | 920.69 | 589.72 | 294.37 | -1,629.51 | 1,538.70 | 1,218.78 | 672.87 | -430.98 | 1,532.80 | 862.09 | 250.19 | -11.44 | 140.83 | 88.55 | 41.46 | 23.87 | 29.17 | 9.91 | 4.77 |
| EBITDA | -44,203.24 | -28,957.11 | -37,308.54 | 9,374.07 | -11,169.35 | -9,514.39 | -4,203.31 | 13,585.97 | -16,425.65 | -11,718.73 | -6,192.74 | 8,618.95 | -14,160.37 | -9,259.41 | -4,094.19 | 2,405.56 | -7,806.24 | -4,730.33 | -1,709.09 |
| 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 | 0 | 0 |
| 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 | 0 | 0 |
| Average Shares Outstanding Basic | 37,800.13 | 36,103.78 | 279,373.29 | 268,758.02 | 173,353.88 | 161,914.63 | 142,362.00 | 129,122.09 | 115,149.76 | 114,133.87 | 112,877.24 | 112,301.03 | 104,223.38 | 103,537.47 | 102,561.21 | 97,708.08 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 37,800.13 | 36,103.78 | 279,373.29 | 268,758.02 | 173,353.88 | 161,914.63 | 142,362.00 | 129,122.09 | 115,149.76 | 114,133.87 | 112,877.24 | 112,301.03 | 104,223.38 | 103,537.47 | 102,561.21 | 97,708.08 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -31,039.54 | -21,720.72 | -9,771.95 | 8,263.00 | -12,498.82 | -9,198.45 | -3,907.41 | 13,545.39 | -10,893.05 | -9,858.69 | -4,759.04 | 9,597.07 | -13,366.01 | -9,010.69 | -4,574.49 | 4,334.21 | -5,394.94 | -4,081.57 | -1,663.38 |
| Operating Net Income | -35,276.85 | -21,329.02 | -56,419.96 | -23,759.44 | -12,903.17 | -10,899.40 | -5,008.88 | -33,039.83 | -18,500.13 | -12,937.85 | -6,602.86 | 13,205.70 | -14,977.83 | -9,391.24 | -8,273.11 | 4,097.96 | -7,837.80 | -4,741.87 | -3,429.45 |
| Deprecation and Amortization | 920.69 | 589.72 | 294.37 | -1,629.51 | 1,538.70 | 1,218.78 | 672.87 | -430.98 | 1,532.80 | 862.09 | 250.19 | -11.44 | 140.83 | 88.55 | 41.46 | 23.87 | 29.17 | 9.91 | 4.77 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 4,547.73 | 3,249.11 | 1,652.97 | -1,694.91 | 1,811.16 | 1,754.95 | 910.36 | -6,018.36 | 5,127.94 | 3,473.00 | 920.15 | -2,563.15 | 3,208.78 | 2,286.47 | 1,242.92 | -6,212.61 | 7,972.68 | 2,034.18 | 405.85 |
| Change in Working Capital | 1,204.58 | 4,924.40 | 333.58 | 2,579.66 | -1,082.09 | -1,886.05 | -943.37 | 134.15 | -253.12 | 815.94 | -894.97 | 782.77 | 2,463.43 | 1,312.58 | 1,126.81 | -638.58 | 1,279.75 | 696.68 | 420.05 |
| Other Operating Activities | -2,435.70 | -9,154.93 | 44,367.10 | 32,767.19 | -1,863.41 | 613.27 | 461.61 | 52,900.40 | 1,199.45 | -2,071.86 | 1,568.45 | -1,816.80 | -4,201.22 | -3,307.05 | 1,287.43 | 7,063.57 | -6,838.73 | -2,080.47 | 935.39 |
| Investing Cash Flow | -85,499.20 | -73,637.04 | -44,716.52 | -21,208.76 | -211.00 | -163.02 | -13.40 | 1,201.05 | -993.70 | -894.98 | -358.49 | -1,079.73 | -2,772.57 | -546.78 | -248.89 | -1,313.88 | -1,386.86 | -36.49 | 0 |
| 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 | 581.70 | 334.65 | 120.23 | 236.41 | 188.27 | 135.37 | 13.40 | -657.58 | 372.59 | 327.64 | 358.49 | 2,513.47 | 573.94 | 117.78 | 21.35 | 189.73 | 357.06 | 36.49 | 0 |
| Net Purchase/Sale of Investments Net | 3,300.00 | 3,300.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 3,325.05 | 3,325.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -92,705.95 | -80,596.74 | -44,836.75 | -21,445.17 | -399.27 | -298.39 | -26.80 | 1,858.63 | -1,366.29 | -1,222.62 | -716.98 | -3,593.21 | -3,346.51 | -664.56 | -270.24 | -1,503.61 | -1,743.92 | -72.98 | 0 |
| Financing Cash Flow | 107,295.48 | 86,096.01 | 49,105.91 | 42,438.94 | 12,427.48 | 9,183.66 | 3,524.89 | -2,558.55 | 2,720.50 | 1,740.75 | 1,970.00 | -7,750.44 | 17,444.14 | 7,685.91 | 92.75 | 286.85 | 8,891.72 | 7,397.50 | -1,050.00 |
| Net Issuance/Repayment of Debt | 12,779.51 | 578.89 | 578.28 | -7,559.73 | 7,900.70 | 4,985.19 | 1,429.67 | 250.00 | 0 | 0 | 0 | 14,650.00 | 5,750.00 | 4,750.00 | 0 | -1,500.00 | 2,450.00 | 2,450.00 | 1,050.00 |
| Net Issuance/Repurchase of Equity | 214,634.05 | 178,975.71 | 102,312.27 | 117,486.87 | 22,035.54 | 6,194.30 | 2,910.65 | 249.12 | 7,570.88 | 229.25 | 0 | -3,152.80 | 3,293.94 | 2,933.16 | 0 | 11,445.07 | 346.20 | 0 | 49.80 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -120,118.09 | -93,458.60 | -53,784.64 | -67,488.20 | -17,508.77 | -1,995.84 | -815.43 | -3,057.68 | -4,850.37 | 1,511.50 | 1,970.00 | -19,247.64 | 8,400.20 | 2.75 | 92.75 | -9,658.22 | 6,095.52 | 4,947.50 | -2,149.80 |
| Net Change in Cash | -9,243.26 | -9,261.75 | -5,382.56 | 29,493.18 | -282.35 | -177.82 | -395.92 | 12,187.89 | -9,166.25 | -9,012.91 | -3,147.53 | 766.89 | 1,305.56 | -1,871.57 | -4,730.62 | 3,307.19 | 2,109.92 | 3,279.44 | -2,713.39 |
| Cash at Beginning of Period | 29,831.86 | 29,831.86 | 29,831.86 | 338.68 | 1,194.76 | 1,194.76 | 1,194.76 | -10,993.13 | 10,333.56 | 10,333.56 | 10,333.56 | 9,566.67 | 14,863.30 | 14,863.30 | 14,863.30 | 11,556.11 | 8,880.14 | 8,880.14 | 8,880.14 |
| Cash at End of Period | 20,588.60 | 20,570.11 | 24,449.30 | 29,831.86 | 912.42 | 1,016.94 | 798.84 | 1,194.76 | 1,167.32 | 1,320.65 | 7,186.03 | 10,333.56 | 16,168.86 | 12,991.73 | 10,132.68 | 14,863.30 | 10,990.06 | 12,159.58 | 6,166.76 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |