Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings -242.59 -21.87
Price to Sales 11.72 9.67
Book Value Per Common Share 3.88 3.77
Price to Book 10.62 7.38
Price to Operating Cash Flow 66.19 56.52
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Price to Earnings -197.79 -239.86 -605.20 -505.43 -355.57 -509.60 -28.99
Price to Sales 8.99 16.39 29.65 14.04 15.16 31.71 16.50
Book Value Per Common Share 3.98 3.92 3.88 3.83 3.72 1.78 3.81
Price to Book 6.95 8.56 7.80 9.23 6.69 14.35 9.05
Price to Operating Cash Flow 63.61 134.00 577.48 88.52 97.68 254.29 101.47
Price to Free Cash Flow
Enterprise Value to EBITDA 29027848.18

Earnings Data

Breakdown 2024-12-31 2023-12-31
Earning YoY
Revenue YoY 34.29
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Earning YoY
Revenue YoY 54.26 104.75 54.39 105.82 -57.70
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 3.31 3.04
Quick Ratio 4.63 5.83
Current Ratio 4.90 6.15
Debt to Equity 0.23 0.19
Long-Term Debt to Equity 0.04 0.05
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Cash Per Common Share 3.94 3.88 3.24 3.12 3.02 2.89 3.05
Quick Ratio 5.24 5.34 4.89 6.05 6.25 6.01 6.19
Current Ratio 4.88 4.95 5.22 6.44 6.63 6.37 6.53
Debt to Equity 0.28 0.27 0.27 0.18 0.17 0.18 0.18
Long-Term Debt to Equity 0.08 0.08 0.09 0.04 0.04 0.04 0.05

Profitability

Breakdown 2024-12-31 2023-12-31
ROA -3.62 -28.30
ROE -4.46 -33.69
Gross Margin 76.39 74.52
Operating Margin -4.66 -43.98
EBITDA Margin -1.42 -40.17
Net Profit Margin -4.92 -44.15
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
ROA -2.65 -2.74 -1.05 -1.61 -1.55 -1.16 -26.31
ROE -3.40 -3.50 -1.32 -1.89 -1.82 -1.37 -31.14
Gross Margin 75.67 75.75 75.81 77.59 77.97 78.60 73.24
Operating Margin -4.33 -6.57 -5.42 -2.86 -3.83 -5.94 -56.43
EBITDA Margin -0.78 -2.88 -1.64 0.48 -0.48 -2.60 -52.51
Net Profit Margin -4.39 -6.70 -5.03 -2.87 -4.12 -6.13 -56.79

Dividends

Breakdown 2024-12-31 2023-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 1,273,308.00 1,089,050.00
   Current Assets 979,749.00 803,489.00
      Cash and Short-Term Investments 881,848.00 738,971.00
            Cash and Cash Equivalents 881,848.00 738,971.00
            Short-Term Investments 0 0
      Net Receivables 43,095.00 23,076.00
      Inventory 0 0
      Other Current Assets 54,806.00 41,442.00
   Non-Current Assets 293,559.00 285,561.00
      Property, Plant, Equipment Net 91,117.00 80,437.00
      Goodwill 0 0
      Intangible Assets 0 0
      Long-Term Investments 0 0
      Non-Current Deferred Assets 0 0
      Other Non-Current Assets 202,442.00 205,124.00
Liabilities 239,321.00 174,273.00
   Current Liabilities 199,893.00 130,616.00
      Payables and Expenses 117,007.00 80,935.00
            Account Payables 14,579.00 13,597.00
            Current Accrued Liabilities 102,428.00 67,338.00
      Short-Term Debt 20,989.00 14,081.00
      Other Current Liabilities 61,897.00 35,600.00
   Non-Current Liabilities 39,428.00 43,657.00
      Long-Term Debt 32,449.00 37,498.00
      Other Non-Current Liabilities 6,979.00 6,159.00
Equity 1,033,987.00 914,777.00
   Shareholders Equity 1,033,987.00 914,777.00
      Capital Stock 273.00 260.00
      Share Premium 1,878,899.00 1,713,560.00
      Retained Earnings -845,185.00 -799,043.00
      Treasury Shares 0 0
      Accumulated Other Comprehensive Income 0 0
   Minority Interest 0 0
Debt 53,438.00 51,579.00
Common Shares Outstanding 0 0
Breakdown 2024-12-31 2023-12-31
Revenues 937,464.00 698,099.00
Cost Of Revenue 221,305.00 177,888.00
Gross Profit 716,159.00 520,211.00
Operating Expenses 800,237.00 850,833.00
   Selling, General and Administrative Expenses 589,178.00 610,556.00
   Research and Development Expenses 238,459.00 262,177.00
   Other Operating Expenses -27,400.00 -21,900.00
Operating Income -84,078.00 -330,622.00
Net Non-Operating Income 40,398.00 23,581.00
Interest Expense 0.00 0.00
Net Interest 39,582.00 24,051.00
EBT -43,680.00 -307,041.00
Income Tax 2,462.00 1,192.00
Net Income -46,142.00 -308,233.00
EBIT -43,680.00 -307,041.00
Deprecation and Amortization 30,399.00 26,648.00
EBITDA -13,281.00 -280,393.00
EPS -0.00 -0.00
Diluted EPS -0.00 -0.00
Average Shares Outstanding Basic 266,336.83 242,889.27
Average Shares Outstanding Diluted 266,336.83 242,889.27
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow 165,955.00 119,371.00
   Operating Net Income -46,142.00 -308,233.00
   Deprecation and Amortization 30,399.00 26,648.00
   Deferred Income Tax 559.00 -3,229.00
   Share Based Compensation 135,212.00 340,799.00
   Change in Working Capital 82,854.00 51,522.00
   Other Operating Activities -36,927.00 11,864.00
Investing Cash Flow -17,226.00 -9,358.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 17,226.00 9,358.00
   Net Purchase/Sale of Investments Net 0 0
   Net Purchase/Sale of Business 0 0
   Other Investing Activities -34,452.00 -18,716.00
Financing Cash Flow -5,799.00 242,728.00
   Net Issuance/Repayment of Debt 19.00 21.00
   Net Issuance/Repurchase of Equity 8,144.00 320,158.00
   Dividends Paid 0 0
   Other Financing Activities -13,962.00 -77,451.00
Net Change in Cash 142,930.00 352,741.00
   Cash at Beginning of Period 739,657.00 386,916.00
   Cash at End of Period 882,587.00 739,657.00
Free Cash Flow 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
Assets 1,465,060.00 1,397,882.00 1,347,311.00 1,273,308.00 1,193,199.00 1,149,838.00 1,108,396.00 1,089,050.00 1,071,424.00
   Current Assets 1,110,009.00 1,061,071.00 1,007,239.00 979,749.00 916,217.00 872,363.00 826,442.00 803,489.00 781,352.00
      Cash and Short-Term Investments 1,130,267.00 1,085,516.00 888,432.00 881,848.00 827,159.00 793,957.00 756,220.00 738,971.00 723,801.00
            Cash and Cash Equivalents 1,130,267.00 1,085,516.00 888,432.00 881,848.00 827,159.00 793,957.00 756,220.00 738,971.00 723,801.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0
      Net Receivables 61,244.00 58,843.00 53,909.00 43,095.00 34,464.00 29,226.00 23,241.00 23,076.00 17,380.00
      Inventory 0 0 0 0 0 0 0 0 0
      Other Current Assets -81,502.00 -83,288.00 64,898.00 54,806.00 54,594.00 49,180.00 46,981.00 41,442.00 40,171.00
   Non-Current Assets 355,051.00 336,811.00 340,072.00 293,559.00 276,982.00 277,475.00 281,954.00 285,561.00 290,072.00
      Property, Plant, Equipment Net 162,176.00 143,269.00 142,562.00 91,117.00 75,330.00 76,440.00 77,470.00 80,437.00 82,236.00
      Goodwill 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 192,875.00 193,542.00 197,510.00 202,442.00 201,652.00 201,035.00 204,484.00 205,124.00 207,836.00
Liabilities 322,986.00 301,130.00 283,379.00 239,321.00 178,458.00 170,338.00 170,944.00 174,273.00 166,080.00
   Current Liabilities 227,497.00 214,239.00 192,824.00 199,893.00 142,326.00 131,613.00 129,742.00 130,616.00 119,655.00
      Payables and Expenses 120,661.00 117,842.00 103,362.00 117,007.00 80,868.00 74,022.00 79,398.00 80,935.00 74,740.00
            Account Payables 23,315.00 25,579.00 14,290.00 14,579.00 11,351.00 9,418.00 8,464.00 13,597.00 9,738.00
            Current Accrued Liabilities 97,346.00 92,263.00 89,072.00 102,428.00 69,517.00 64,604.00 70,934.00 67,338.00 65,002.00
      Short-Term Debt 24,510.00 19,086.00 18,575.00 20,989.00 13,126.00 13,009.00 13,625.00 14,081.00 14,449.00
      Other Current Liabilities 82,326.00 77,311.00 70,887.00 61,897.00 48,332.00 44,582.00 36,719.00 35,600.00 30,466.00
   Non-Current Liabilities 95,489.00 86,891.00 90,555.00 39,428.00 36,132.00 38,725.00 41,202.00 43,657.00 46,425.00
      Long-Term Debt 88,895.00 80,101.00 84,115.00 32,449.00 29,333.00 32,069.00 34,759.00 37,498.00 40,016.00
      Other Non-Current Liabilities 6,594.00 6,790.00 6,440.00 6,979.00 6,799.00 6,656.00 6,443.00 6,159.00 6,409.00
Equity 1,142,074.00 1,096,752.00 1,063,932.00 1,033,987.00 1,014,741.00 979,500.00 937,452.00 914,777.00 905,344.00
   Shareholders Equity 1,142,074.00 1,096,752.00 1,063,932.00 1,033,987.00 1,014,741.00 979,500.00 937,452.00 914,777.00 905,344.00
      Capital Stock 302.00 300.00 276.00 273.00 269.00 267.00 264.00 260.00 259.00
      Share Premium 2,025,753.00 1,980,007.00 1,922,930.00 1,878,899.00 1,832,684.00 1,796,100.00 1,749,113.00 1,713,560.00 1,677,833.00
      Retained Earnings -883,981.00 -883,555.00 -859,274.00 -845,185.00 -818,212.00 -816,867.00 -811,925.00 -799,043.00 -772,748.00
      Treasury Shares 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0
Debt 113,405.00 99,187.00 102,690.00 53,438.00 42,459.00 45,078.00 48,384.00 51,579.00 54,465.00
Common Shares Outstanding 0 0 0 0 0 0 528,071.42 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Revenues 883,824.00 572,944.00 279,827.00 -372,035.00 667,300.00 432,206.00 209,993.00 496,481.00
Cost Of Revenue 215,079.00 138,936.00 67,700.00 -68,409.00 149,567.00 95,209.00 44,938.00 132,875.00
Gross Profit 668,745.00 434,008.00 212,127.00 -303,626.00 517,733.00 336,997.00 165,055.00 363,606.00
Operating Expenses 734,657.00 489,084.00 235,877.00 -327,209.00 567,157.00 373,142.00 187,147.00 657,898.00
   Selling, General and Administrative Expenses 544,481.00 363,276.00 174,428.00 -242,038.00 419,456.00 274,310.00 137,450.00 464,356.00
   Research and Development Expenses 214,476.00 141,808.00 69,349.00 -97,071.00 167,601.00 111,832.00 56,097.00 209,542.00
   Other Operating Expenses -24,300.00 -16,000.00 -7,900.00 11,900.00 -19,900.00 -13,000.00 -6,400.00 -16,000.00
Operating Income -65,912.00 -55,076.00 -23,750.00 23,583.00 -49,424.00 -36,145.00 -22,092.00 -294,292.00
Net Non-Operating Income 27,662.00 17,440.00 8,595.00 -19,121.00 30,319.00 19,586.00 9,614.00 14,140.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Interest 29,313.00 19,002.00 9,259.00 -19,518.00 30,029.00 19,525.00 9,546.00 14,484.00
EBT -38,250.00 -37,636.00 -15,155.00 4,462.00 -19,105.00 -16,559.00 -12,478.00 -280,152.00
Income Tax 546.00 734.00 1,066.00 729.00 64.00 1,265.00 404.00 1,786.00
Net Income -38,796.00 -38,370.00 -14,089.00 3,733.00 -19,169.00 -17,824.00 -12,882.00 -281,938.00
EBIT -38,250.00 -37,636.00 -15,155.00 4,462.00 -19,105.00 -16,559.00 -12,478.00 -280,152.00
Deprecation and Amortization 31,337.00 21,107.00 10,556.00 -13,457.00 22,333.00 14,497.00 7,026.00 19,472.00
EBITDA -6,913.00 -16,529.00 -4,599.00 -8,995.00 3,228.00 -2,062.00 -5,452.00 -260,680.00
EPS -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
Average Shares Outstanding Basic 286,806.72 279,674.05 274,198.21 275,848.76 264,846.46 263,319.67 261,332.41 237,411.57
Average Shares Outstanding Diluted 286,806.72 279,674.05 274,198.21 275,848.76 264,846.46 263,319.67 261,332.41 237,411.57
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Operating Cash Flow 124,847.00 70,087.00 14,362.00 -33,175.00 105,866.00 67,082.00 26,182.00 80,727.00
   Operating Net Income -38,796.00 -38,370.00 -14,089.00 3,733.00 -19,169.00 -17,824.00 -12,882.00 -281,938.00
   Deprecation and Amortization 31,337.00 21,107.00 10,556.00 -13,457.00 22,333.00 14,497.00 7,026.00 19,472.00
   Deferred Income Tax -1,501.00 0 0 1,117.00 -558.00 0 0 0
   Share Based Compensation 124,168.00 83,731.00 38,327.00 -70,238.00 100,690.00 69,133.00 35,627.00 302,317.00
   Change in Working Capital 25,222.00 28,175.00 6,163.00 49,540.00 24,472.00 8,411.00 431.00 33,386.00
   Other Operating Activities -15,583.00 -24,556.00 -26,595.00 -3,870.00 -21,902.00 -7,135.00 -4,020.00 7,490.00
Investing Cash Flow -24,784.00 -15,048.00 -7,741.00 4,657.00 -11,598.00 -7,060.00 -3,225.00 -5,435.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 22,753.00 15,048.00 7,741.00 -4,657.00 11,598.00 7,060.00 3,225.00 5,435.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 2,031.00 0 0 0 0 0 0 0
   Other Investing Activities -49,568.00 -30,096.00 -15,482.00 9,314.00 -23,196.00 -14,120.00 -6,450.00 -10,870.00
Financing Cash Flow -1,645.00 -1,372.00 -37.00 11,015.00 -6,027.00 -5,050.00 -5,737.00 262,241.00
   Net Issuance/Repayment of Debt 0 0 0 -13.00 16.00 11.00 5.00 16.00
   Net Issuance/Repurchase of Equity 9,678.00 6,110.00 3,465.00 -5,829.00 7,009.00 4,420.00 2,544.00 321,086.00
   Dividends Paid 0 0 0 0 0 0 0 0
   Other Financing Activities -11,323.00 -7,482.00 -3,502.00 16,857.00 -13,052.00 -9,481.00 -8,286.00 -58,861.00
Net Change in Cash 98,418.00 53,667.00 6,584.00 -17,503.00 88,241.00 54,972.00 17,220.00 337,533.00
   Cash at Beginning of Period 882,587.00 882,587.00 882,587.00 900,090.00 739,657.00 739,657.00 739,657.00 386,916.00
   Cash at End of Period 981,005.00 936,254.00 889,171.00 882,587.00 827,898.00 794,629.00 756,877.00 724,449.00
Free Cash Flow 0 0 0 0 0 0 0 0