Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 12.30 17.11 9.52 40.58
Price to Sales 10.52 0.21 0.22 0.56
Book Value Per Common Share 206.29 162.47 133.96 153.26 240.52
Price to Book 0.36 0.50 0.57 1.05
Price to Operating Cash Flow 102.79 735.31 -213.82 9883.44
Price to Free Cash Flow
Enterprise Value to EBITDA 10526.82 11743.01 11054.96 20202.33
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 21.62 45.48 19.13 17.97 33.86 27.59 36.41 173.83 10.95 24.82 75.60 93.86 304.67 556.11
Price to Sales 26.70 45.72 0.27 0.29 0.60 0.33 0.43 0.87 0.29 0.71 1.71 0.84 1.31 2.33
Book Value Per Common Share 199.01 215.13 213.80 192.83 182.22 173.04 162.47 156.48 147.04 130.69 137.35 152.86 173.89 187.83 205.62
Price to Book 0.32 0.46 0.40 0.40 0.30 0.33 0.56 0.51 0.56 0.56 0.84 0.89 0.99 0.92 0.73
Price to Operating Cash Flow 60.18 83.25 155.91 107.30 99.24 157.40 -289.81 -212.66 290.95 -196.80 1053.19 251.10 238.47 297.82 151.30
Price to Free Cash Flow
Enterprise Value to EBITDA 26951.40 47921.63 14631.75 15290.84 31477.86 17887.17 23360.15 49681.60 10155.11 24270.93 59658.95 29966.89 46494.74 81438.00

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 29.09 -41.20 101.76 82.11
Revenue YoY -98.17 1.07 4.42 9.39
EBITDA YoY 1.36 -7.50 -26.39 5.44
Net Profit YoY 11.54 -9.85 8.62 44.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 143.32 32.46 80.47 50.45 368.09 44.64 160.34 222.81 111.11
Revenue YoY 98.12 50.41 100.04 49.74 100.04 50.56 103.02 51.91 102.24
EBITDA YoY 105.67 47.34 97.19 48.87 108.54 48.81 106.28 51.55 99.16
Net Profit YoY 45.15 106.90 54.77 111.30 55.93 119.78 44.32 122.28 66.61 126.39

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.14 1.08 2.39 1.04 7.79
Quick Ratio 0.03 0.03 0.04 0.03 0.17
Current Ratio 0.34 0.34 0.34 0.31 0.55
Debt to Equity 0.04 0.02 0.02 0.02 0.02
Long-Term Debt to Equity -0.04 -0.02 -0.02 -0.02 -0.01
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 0.51 1.26 1.58 1.17 0.51 0.76 0.60 0.55 1.16 1.27 1.84 1.80 1.70 1.15 6.05
Quick Ratio 0.02 0.03 0.03 0.02 0.03 0.02 0.02 0.03 0.03 0.04 0.03 0.04 0.04 0.13
Current Ratio 0.37 0.34 0.40 0.37 0.41 0.43 0.35 0.36 0.36 0.36 0.36 0.42 0.33 0.48 0.48
Debt to Equity 0.03 0.03 0.04 0.02 0.02 0.02 0.04 0.04 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Long-Term Debt to Equity -0.06 -0.05 -0.04 -0.02 -0.01 -0.01 -0.04 -0.04 -0.02 -0.02 -0.02 -0.02 -0.02 -0.01 -0.01

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.77 1.34 1.51 1.39 0.91
ROE 2.88 1.36 1.54 1.41 0.93
Gross Margin
Operating Margin 125.59 1.97 3.03 9.69 8.80
EBITDA Margin 999.61 18.03 19.70 27.94 28.99
Net Profit Margin 500.30 8.20 9.19 8.84 6.69
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 2.20 1.36 0.66 1.04 0.68 0.31 2.15 1.39 0.30 1.16 0.80 0.36 0.89 0.53 0.23
ROE 2.26 1.41 0.68 1.06 0.69 0.31 2.25 1.45 0.31 1.18 0.82 0.36 0.91 0.54 0.24
Gross Margin
Operating Margin 143.83 114.29 2.17 2.43 2.63 1.90 1.89 1.00 11.70 11.76 10.83 9.24 8.74 8.63
EBITDA Margin 990.51 954.14 18.35 18.74 19.01 18.23 18.33 17.59 28.82 29.16 28.70 28.13 28.19 28.63
Net Profit Margin 477.80 457.52 8.79 8.54 8.09 8.56 8.22 7.48 9.56 9.98 9.11 7.91 7.21 6.44

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 183,394,000.00 341,309,000.00 334,472,000.00 335,886,000.00 352,525,372.00
   Current Assets 4,656,000.00 4,562,000.00 4,677,000.00 4,025,000.00 5,755,511.00
      Cash and Short-Term Investments 163,000.00 158,000.00 375,000.00 191,000.00 1,417,802.00
            Cash and Cash Equivalents 163,000.00 158,000.00 375,000.00 191,000.00 1,417,802.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 195,000.00 178,000.00 201,000.00 206,000.00 349,256.00
      Inventory 0 0 0 0 0
      Other Current Assets 4,298,000.00 4,226,000.00 4,101,000.00 3,628,000.00 3,988,453.00
   Non-Current Assets 178,738,000.00 336,747,000.00 329,795,000.00 331,861,000.00 346,769,861.00
      Property, Plant, Equipment Net 44,172,000.00 40,678,000.00 37,164,000.00 35,495,000.00 35,554,504.00
      Goodwill 31,184,000.00 31,178,000.00 31,073,000.00 31,086,000.00 31,045,154.00
      Intangible Assets 1,413,000.00 1,512,000.00 1,619,000.00 1,733,000.00 1,929,598.00
      Long-Term Investments 13,057,000.00 12,116,000.00 22,833,000.00 13,260,000.00 64,717,994.00
      Non-Current Deferred Assets 18,000.00 27,000.00 20,000.00 13,000.00 14,075.00
      Other Non-Current Assets 88,894,000.00 251,236,000.00 237,086,000.00 250,274,000.00 213,508,536.00
Liabilities 6,879,000.00 6,618,000.00 6,641,000.00 6,829,000.00 7,856,705.00
   Current Liabilities 13,686,000.00 13,392,000.00 13,740,000.00 13,040,000.00 10,486,762.00
      Payables and Expenses 112,000.00 86,000.00 92,000.00 99,000.00 97,933.00
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 3,000.00 3,000.00 1,376,000.00 28,000.00 31,026.00
      Other Current Liabilities 13,571,000.00 13,303,000.00 12,272,000.00 12,913,000.00 10,357,803.00
   Non-Current Liabilities -6,807,000.00 -6,774,000.00 -7,099,000.00 -6,211,000.00 -2,630,057.00
      Long-Term Debt 3,753,000.00 3,733,000.00 2,425,000.00 3,733,000.00 4,785,207.00
      Other Non-Current Liabilities -10,560,000.00 -10,507,000.00 -9,524,000.00 -9,944,000.00 -7,415,264.00
Equity 176,515,000.00 334,691,000.00 327,831,000.00 329,057,000.00 344,668,667.00
   Shareholders Equity 29,500,000.00 23,721,000.00 21,032,000.00 28,283,000.00 43,783,659.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,965.00
      Share Premium 3,007,000.00 3,107,000.00 3,318,000.00 6,214,000.00 10,319,754.00
      Retained Earnings 6,712,000.00 5,843,000.00 5,155,000.00 3,898,000.00 3,165,504.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 73,000.00 52,000.00 9,000.00 14,000.00 15,436.00
   Minority Interest 15,000.00 20,000.00 18,000.00 12,000.00 11,760.00
Investments 13,057,000.00 12,116,000.00 22,833,000.00 13,260,000.00 64,717,994.00
Debt 3,756,000.00 3,736,000.00 3,801,000.00 3,761,000.00 4,816,233.00
Net Debt 3,593,000.00 3,578,000.00 3,426,000.00 3,570,000.00 3,398,431.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 1,016,000.00 55,588,000.00 54,997,000.00 52,670,000.00 48,147,706.00
   Selling, General and Administrative Expenses 432,000.00 433,000.00 432,000.00 442,000.00 74,691.00
Operating Income 13,210,000.00 12,632,000.00 11,923,000.00 10,428,000.00 8,345,345.00
Net Non-Operating Income -12,128,000.00 -11,744,000.00 -10,389,000.00 -9,478,000.00 -7,984,180.00
Interest Expense 194,000.00 206,000.00 133,000.00 4,154,000.00 3,876,158.00
EBT 1,082,000.00 888,000.00 1,534,000.00 950,000.00 361,165.00
Income Tax 1,862,000.00 1,793,000.00 1,890,000.00 1,286,000.00 589,557.00
Equity Method Investments Income 1,323,000.00 1,155,000.00 1,326,000.00 1,194,000.00 1,426,329.00
Net Income Including Non-Controlling Interests 4,313,000.00 3,853,000.00 4,261,000.00 3,988,000.00 2,768,011.00
Net Income Non-Controlling Interests 770,000.00 704,000.00 794,000.00 666,000.00 453,989.00
Net Income 5,083,000.00 4,557,000.00 5,055,000.00 4,654,000.00 3,222,000.00
EBIT 1,276,000.00 1,094,000.00 1,667,000.00 5,104,000.00 4,237,323.00
Deprecation and Amortization 8,880,000.00 8,926,000.00 9,165,000.00 9,612,000.00 9,719,227.00
EBITDA 10,156,000.00 10,020,000.00 10,832,000.00 14,716,000.00 13,956,550.00
EPS 0.01 0.00 0.01 0.00 0.00
Diluted EPS 0.01 0.00 0.01 0.00 0.00
Average Shares Outstanding Basic 143,000.00 146,000.00 157,000.00 184,540.00 182,036.00
Average Shares Outstanding Diluted 143,000.00 147,000.00 158,000.00 186,233.00 183,246.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 104,000.00 16,000.00 -56,000.00 3,000.00 -95,742.00
   Operating Net Income 7,591,000.00 6,637,000.00 8,363,000.00 6,784,000.00 4,471,216.00
   Deprecation and Amortization 8,880,000.00 8,926,000.00 9,165,000.00 9,612,000.00 9,719,227.00
   Deferred Income Tax 170,000.00 168,000.00 54,000.00 -15,000.00 -36,456.00
   Share Based Compensation 28,000.00 34,000.00 37,000.00 41,000.00 9,134.00
   Change in Working Capital -43,000.00 -146,000.00 -233,000.00 -276,000.00 -7,622.00
   Other Operating Activities -16,522,000.00 -15,603,000.00 -17,442,000.00 -16,143,000.00 -14,251,241.00
Investing Cash Flow 130,000.00 150,000.00 3,047,000.00 4,062,000.00 575,512.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 247,000.00 222,000.00 344,000.00 134,000.00 1,818.00
   Net Purchase/Sale of Investments Net 12,000.00 51,000.00 3,028,000.00 4,162,000.00 0
   Net Purchase/Sale of Business 335,000.00 394,000.00 0 0 607,150.00
   Other Investing Activities -464,000.00 -517,000.00 -325,000.00 -234,000.00 -33,456.00
Financing Cash Flow -181,000.00 -390,000.00 -2,797,000.00 -5,292,000.00 903,798.00
   Net Issuance/Repayment of Debt 1,139,000.00 1,501,000.00 325,000.00 1,467,000.00 2,825,000.00
   Net Issuance/Repurchase of Equity 89,000.00 227,000.00 2,882,000.00 4,272,000.00 596,679.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,409,000.00 -2,118,000.00 -6,004,000.00 -11,031,000.00 -2,517,881.00
Net Change in Cash 53,000.00 -224,000.00 194,000.00 -1,227,000.00 1,383,568.00
   Cash at Beginning of Period 176,000.00 400,000.00 206,000.00 1,433,000.00 49,724.00
   Cash at End of Period 229,000.00 176,000.00 400,000.00 206,000.00 1,433,292.00
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 166,043,000.00 184,775,000.00 184,944,000.00 183,394,000.00 347,651,000.00 345,099,000.00 359,048,000.00 341,309,000.00 162,450,000.00 161,024,000.00 335,127,000.00 334,472,000.00 332,695,000.00 333,730,000.00 337,786,000.00 335,886,000.00 340,309,136.00 344,377,171.00 348,351,126.00 352,525,372.00
   Current Assets 4,952,000.00 5,176,000.00 5,765,000.00 4,656,000.00 4,909,000.00 4,442,000.00 4,746,000.00 4,562,000.00 4,546,000.00 4,322,000.00 4,521,000.00 4,677,000.00 4,246,000.00 4,289,000.00 6,062,000.00 4,025,000.00 4,240,447.00 5,201,049.00 5,124,343.00 5,755,511.00
      Cash and Short-Term Investments 73,000.00 180,000.00 226,000.00 163,000.00 168,000.00 73,000.00 108,000.00 158,000.00 88,000.00 81,000.00 169,000.00 375,000.00 203,000.00 301,000.00 300,000.00 191,000.00 319,415.00 219,241.00 1,177,161.00 1,417,802.00
            Cash and Cash Equivalents 73,000.00 180,000.00 226,000.00 163,000.00 168,000.00 73,000.00 108,000.00 158,000.00 88,000.00 81,000.00 169,000.00 375,000.00 203,000.00 301,000.00 300,000.00 191,000.00 319,415.00 219,241.00 1,177,161.00 1,417,802.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 0 133,000.00 174,000.00 195,000.00 186,000.00 176,000.00 186,000.00 178,000.00 220,000.00 183,000.00 194,000.00 201,000.00 210,000.00 179,000.00 169,000.00 206,000.00 245,562.00 233,571.00 201,228.00 349,256.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 4,879,000.00 4,863,000.00 5,365,000.00 4,298,000.00 4,555,000.00 4,193,000.00 4,452,000.00 4,226,000.00 4,238,000.00 4,058,000.00 4,158,000.00 4,101,000.00 3,833,000.00 3,809,000.00 5,593,000.00 3,628,000.00 3,675,470.00 4,748,237.00 3,745,954.00 3,988,453.00
   Non-Current Assets 161,091,000.00 179,599,000.00 179,179,000.00 178,738,000.00 342,742,000.00 340,657,000.00 354,302,000.00 336,747,000.00 157,904,000.00 156,702,000.00 330,606,000.00 329,795,000.00 328,449,000.00 329,441,000.00 331,724,000.00 331,861,000.00 336,068,689.00 339,176,122.00 343,226,783.00 346,769,861.00
      Property, Plant, Equipment Net 0 45,371,000.00 44,523,000.00 44,172,000.00 42,977,000.00 42,365,000.00 41,427,000.00 40,678,000.00 39,653,000.00 38,559,000.00 37,614,000.00 37,164,000.00 36,027,000.00 35,485,000.00 35,183,000.00 35,495,000.00 35,222,831.00 35,252,634.00 35,255,969.00 35,554,504.00
      Goodwill 0 30,429,000.00 30,429,000.00 31,184,000.00 30,423,000.00 30,423,000.00 30,423,000.00 31,178,000.00 30,427,000.00 30,427,000.00 30,318,000.00 31,073,000.00 30,318,000.00 30,318,000.00 30,325,000.00 31,086,000.00 30,316,084.00 30,318,686.00 30,318,686.00 31,045,154.00
      Intangible Assets 0 1,375,000.00 1,393,000.00 1,413,000.00 1,437,000.00 1,463,000.00 1,488,000.00 1,512,000.00 1,544,000.00 1,571,000.00 1,599,000.00 1,619,000.00 1,651,000.00 1,679,000.00 1,705,000.00 1,733,000.00 1,765,566.00 1,799,812.00 1,836,412.00 1,929,598.00
      Long-Term Investments 26,151,000.00 13,080,000.00 13,060,000.00 13,057,000.00 12,760,000.00 12,535,000.00 12,281,000.00 12,116,000.00 12,229,000.00 11,916,000.00 11,609,000.00 22,833,000.00 11,547,000.00 12,051,000.00 12,902,000.00 13,260,000.00 14,386,719.00 59,791,439.00 62,941,875.00 64,717,994.00
      Non-Current Deferred Assets 0 0 0 18,000.00 0 0 0 27,000.00 0 0 0 20,000.00 0 0 0 13,000.00 0 0 0 14,075.00
      Other Non-Current Assets 134,940,000.00 89,344,000.00 89,774,000.00 88,894,000.00 255,145,000.00 253,871,000.00 268,683,000.00 251,236,000.00 74,051,000.00 74,229,000.00 249,466,000.00 237,086,000.00 248,906,000.00 249,908,000.00 251,609,000.00 250,274,000.00 254,377,489.00 212,013,551.00 212,873,841.00 213,508,536.00
Liabilities 4,323,000.00 6,179,000.00 6,928,000.00 6,879,000.00 6,765,000.00 6,598,000.00 6,582,000.00 6,618,000.00 6,771,000.00 6,570,000.00 6,545,000.00 6,641,000.00 6,543,000.00 6,710,000.00 7,031,000.00 6,829,000.00 7,308,325.00 6,945,005.00 7,680,810.00 7,856,705.00
   Current Liabilities 13,344,000.00 15,160,000.00 14,245,000.00 13,686,000.00 13,361,000.00 10,910,000.00 11,119,000.00 13,392,000.00 12,854,000.00 12,169,000.00 12,535,000.00 13,740,000.00 11,839,000.00 11,843,000.00 14,466,000.00 13,040,000.00 13,004,123.00 10,766,873.00 10,592,086.00 10,486,762.00
      Payables and Expenses 0 107,000.00 105,000.00 112,000.00 112,000.00 101,000.00 94,000.00 86,000.00 104,000.00 92,000.00 86,000.00 92,000.00 113,000.00 100,000.00 97,000.00 99,000.00 228,230.00 216,508.00 198,045.00 97,933.00
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 102,000.00 396,000.00 370,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 5,000.00 5,000.00 5,000.00 1,376,000.00 3,000.00 3,000.00 25,000.00 28,000.00 34,797.00 31,939.00 29,425.00 31,026.00
      Other Current Liabilities 13,242,000.00 14,657,000.00 13,770,000.00 13,571,000.00 13,246,000.00 10,806,000.00 11,022,000.00 13,303,000.00 12,745,000.00 12,072,000.00 12,444,000.00 12,272,000.00 11,723,000.00 11,740,000.00 14,344,000.00 12,913,000.00 12,741,096.00 10,518,426.00 10,364,616.00 10,357,803.00
   Non-Current Liabilities -9,021,000.00 -8,981,000.00 -7,317,000.00 -6,807,000.00 -6,596,000.00 -4,312,000.00 -4,537,000.00 -6,774,000.00 -6,083,000.00 -5,599,000.00 -5,990,000.00 -7,099,000.00 -5,296,000.00 -5,133,000.00 -7,435,000.00 -6,211,000.00 -5,695,798.00 -3,821,868.00 -2,911,276.00 -2,630,057.00
      Long-Term Debt 1,690,000.00 2,673,000.00 3,443,000.00 3,753,000.00 3,709,000.00 3,606,000.00 3,636,000.00 3,733,000.00 3,860,000.00 3,729,000.00 3,674,000.00 2,425,000.00 3,773,000.00 3,770,000.00 3,989,000.00 3,733,000.00 4,006,855.00 3,710,090.00 4,557,172.00 4,785,207.00
      Other Non-Current Liabilities -10,711,000.00 -11,654,000.00 -10,760,000.00 -10,560,000.00 -10,305,000.00 -7,918,000.00 -8,173,000.00 -10,507,000.00 -9,943,000.00 -9,328,000.00 -9,664,000.00 -9,524,000.00 -9,069,000.00 -8,903,000.00 -11,424,000.00 -9,944,000.00 -9,702,653.00 -7,531,958.00 -7,468,448.00 -7,415,264.00
Equity 161,720,000.00 178,596,000.00 178,016,000.00 176,515,000.00 340,886,000.00 338,501,000.00 352,466,000.00 334,691,000.00 155,679,000.00 154,454,000.00 328,582,000.00 327,831,000.00 326,152,000.00 327,020,000.00 330,755,000.00 329,057,000.00 333,000,811.00 337,432,166.00 340,670,316.00 344,668,667.00
   Shareholders Equity 28,458,000.00 30,764,000.00 30,574,000.00 29,500,000.00 27,574,000.00 26,057,000.00 24,744,000.00 23,721,000.00 23,721,000.00 22,846,000.00 21,468,000.00 21,032,000.00 20,910,000.00 22,525,000.00 25,527,000.00 28,283,000.00 32,645,751.00 35,904,375.00 39,979,513.00 43,783,659.00
      Capital Stock 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,788.00 1,841.00 1,917.00 1,965.00
      Share Premium 1,638,000.00 3,008,000.00 3,011,000.00 3,007,000.00 3,028,000.00 3,023,000.00 3,018,000.00 3,107,000.00 3,293,000.00 3,286,000.00 3,282,000.00 3,318,000.00 3,564,000.00 4,319,000.00 5,375,000.00 6,214,000.00 7,593,816.00 8,530,684.00 9,563,275.00 10,319,754.00
      Retained Earnings 7,209,000.00 7,363,000.00 6,980,000.00 6,712,000.00 6,421,000.00 6,279,000.00 6,084,000.00 5,843,000.00 5,638,000.00 5,476,000.00 5,224,000.00 5,155,000.00 4,977,000.00 4,662,000.00 4,197,000.00 3,898,000.00 3,510,849.00 3,273,980.00 3,217,724.00 3,165,504.00
      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 22,000.00 24,000.00 60,000.00 73,000.00 70,000.00 40,000.00 35,000.00 52,000.00 45,000.00 56,000.00 59,000.00 9,000.00 18,000.00 30,000.00 10,000.00 14,000.00 13,298.00 11,870.00 15,597.00 15,436.00
   Minority Interest 0 18,000.00 15,000.00 15,000.00 18,000.00 18,000.00 20,000.00 20,000.00 20,000.00 20,000.00 18,000.00 18,000.00 16,000.00 16,000.00 16,000.00 12,000.00 11,636.00 11,677.00 11,719.00 11,760.00
Investments 26,151,000.00 13,080,000.00 13,060,000.00 13,057,000.00 12,760,000.00 12,535,000.00 12,281,000.00 12,116,000.00 12,229,000.00 11,916,000.00 11,609,000.00 22,833,000.00 11,547,000.00 12,051,000.00 12,902,000.00 13,260,000.00 14,386,719.00 59,791,439.00 62,941,875.00 64,717,994.00
Debt 1,792,000.00 3,069,000.00 3,813,000.00 3,756,000.00 3,712,000.00 3,609,000.00 3,639,000.00 3,736,000.00 3,865,000.00 3,734,000.00 3,679,000.00 3,801,000.00 3,776,000.00 3,773,000.00 4,014,000.00 3,761,000.00 4,041,652.00 3,742,029.00 4,586,597.00 4,816,233.00
Net Debt 1,719,000.00 2,889,000.00 3,587,000.00 3,593,000.00 3,544,000.00 3,536,000.00 3,531,000.00 3,578,000.00 3,777,000.00 3,653,000.00 3,510,000.00 3,426,000.00 3,573,000.00 3,472,000.00 3,714,000.00 3,570,000.00 3,722,237.00 3,522,788.00 3,409,436.00 3,398,431.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 0 527,000.00 266,000.00 -81,186,000.00 41,159,000.00 27,364,000.00 13,679,000.00 -26,273,000.00 40,896,000.00 27,312,000.00 13,653,000.00 -25,349,000.00 40,348,000.00 26,798,000.00 13,200,000.00 -23,646,000.00 38,470,000.00 25,324,000.00 12,522,000.00
   Selling, General and Administrative Expenses 4,000.00 213,000.00 109,000.00 -218,000.00 329,000.00 216,000.00 105,000.00 -216,000.00 322,000.00 217,000.00 110,000.00 -192,000.00 317,000.00 206,000.00 101,000.00 -202,280.00 324,936.00 214,871.00 104,473.00
Operating Income 9,616,000.00 6,600,000.00 3,280,000.00 -6,200,000.00 9,808,000.00 6,443,000.00 3,159,000.00 -5,867,000.00 9,352,000.00 6,205,000.00 2,942,000.00 -5,775,000.00 8,916,000.00 6,004,000.00 2,778,000.00 -3,571,416.00 7,492,266.00 4,540,029.00 1,967,121.00
Net Non-Operating Income -8,771,000.00 -5,922,000.00 -3,016,000.00 5,668,000.00 -9,065,000.00 -5,881,000.00 -2,850,000.00 5,619,000.00 -8,726,000.00 -5,787,000.00 -2,850,000.00 4,737,000.00 -7,614,000.00 -5,078,000.00 -2,434,000.00 3,829,343.00 -7,029,261.00 -4,374,925.00 -1,903,157.00
Interest Expense 86,000.00 80,000.00 40,000.00 -109,000.00 149,000.00 103,000.00 51,000.00 -87,000.00 151,000.00 97,000.00 45,000.00 -6,598,000.00 3,420,000.00 2,225,000.00 1,086,000.00 -2,004,052.00 3,093,032.00 2,048,877.00 1,016,143.00
EBT 845,000.00 678,000.00 264,000.00 -532,000.00 743,000.00 562,000.00 309,000.00 -248,000.00 626,000.00 418,000.00 92,000.00 -1,038,000.00 1,302,000.00 926,000.00 344,000.00 257,927.00 463,005.00 165,104.00 63,964.00
Income Tax 1,277,000.00 886,000.00 441,000.00 -1,095,000.00 1,444,000.00 999,000.00 514,000.00 -849,000.00 1,330,000.00 915,000.00 397,000.00 -913,000.00 1,417,000.00 996,000.00 390,000.00 -457,280.00 961,784.00 553,711.00 227,785.00
Equity Method Investments Income 958,000.00 663,000.00 318,000.00 -457,000.00 923,000.00 577,000.00 280,000.00 -551,000.00 892,000.00 566,000.00 248,000.00 -664,000.00 998,000.00 689,000.00 303,000.00 -185,196.00 752,390.00 437,827.00 188,979.00
Net Income Including Non-Controlling Interests 3,090,000.00 2,132,000.00 1,025,000.00 -1,647,000.00 3,057,000.00 1,971,000.00 932,000.00 -1,864,000.00 2,966,000.00 1,892,000.00 859,000.00 -2,261,000.00 3,254,000.00 2,251,000.00 1,017,000.00 -882,248.00 2,602,124.00 1,575,083.00 693,041.00
Net Income Non-Controlling Interests 565,000.00 386,000.00 192,000.00 -330,000.00 560,000.00 366,000.00 174,000.00 -343,000.00 533,000.00 352,000.00 162,000.00 -420,000.00 605,000.00 423,000.00 186,000.00 -141,752.00 441,876.00 251,917.00 113,959.00
Net Income 3,655,000.00 2,518,000.00 1,217,000.00 -1,977,000.00 3,617,000.00 2,337,000.00 1,106,000.00 -2,207,000.00 3,499,000.00 2,244,000.00 1,021,000.00 -2,681,000.00 3,859,000.00 2,674,000.00 1,203,000.00 -1,024,000.00 3,044,000.00 1,827,000.00 807,000.00
EBIT 931,000.00 758,000.00 304,000.00 -641,000.00 892,000.00 665,000.00 360,000.00 -335,000.00 777,000.00 515,000.00 137,000.00 -7,636,000.00 4,722,000.00 3,151,000.00 1,430,000.00 -1,746,125.00 3,556,037.00 2,213,981.00 1,080,107.00
Deprecation and Amortization 0.00 4,462,000.00 2,234,000.00 -4,484,000.00 6,662,000.00 4,462,000.00 2,240,000.00 -4,507,000.00 6,677,000.00 4,492,000.00 2,264,000.00 -4,762,000.00 6,906,000.00 4,663,000.00 2,358,000.00 -5,082,164.00 7,263,766.00 4,925,636.00 2,504,762.00
EBITDA 0 5,220,000.00 2,538,000.00 -5,125,000.00 7,554,000.00 5,127,000.00 2,600,000.00 -4,842,000.00 7,454,000.00 5,007,000.00 2,401,000.00 -12,398,000.00 11,628,000.00 7,814,000.00 3,788,000.00 -6,828,289.00 10,819,803.00 7,139,617.00 3,584,869.00
EPS 0 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.00 0.00 0.00
Diluted EPS 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 143,000.00 143,000.00 143,000.00 143,000.00 143,000.00 143,000.00 143,000.00 146,000.00 146,000.00 146,000.00 146,000.00 137,000.00 160,000.00 164,000.00 167,000.00 164,834.00 187,743.00 191,150.00 194,433.00
Average Shares Outstanding Diluted 144,000.00 143,000.00 143,000.00 143,000.00 143,000.00 143,000.00 143,000.00 147,000.00 147,000.00 147,000.00 147,000.00 137,000.00 161,000.00 165,000.00 169,000.00 166,400.00 189,545.00 192,873.00 196,114.00
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 151,000.00 169,000.00 78,000.00 -130,000.00 103,000.00 79,000.00 52,000.00 76,000.00 -46,000.00 -55,000.00 41,000.00 -104,000.00 -60,000.00 18,000.00 90,000.00 -437,389.00 135,968.00 111,457.00 192,964.00
   Operating Net Income 5,214,000.00 4,206,000.00 1,945,000.00 -3,079,000.00 5,333,000.00 3,575,000.00 1,762,000.00 -2,920,000.00 4,998,000.00 3,238,000.00 1,321,000.00 -4,871,000.00 6,622,000.00 4,625,000.00 1,987,000.00 -713,586.00 4,176,442.00 2,295,786.00 1,025,358.00
   Deprecation and Amortization 0 4,462,000.00 2,234,000.00 -4,484,000.00 6,662,000.00 4,462,000.00 2,240,000.00 -4,507,000.00 6,677,000.00 4,492,000.00 2,264,000.00 -4,762,000.00 6,906,000.00 4,663,000.00 2,358,000.00 -5,082,164.00 7,263,766.00 4,925,636.00 2,504,762.00
   Deferred Income Tax 72,000.00 -1,000.00 -18,000.00 -99,000.00 124,000.00 101,000.00 44,000.00 -86,000.00 137,000.00 95,000.00 22,000.00 31,000.00 16,000.00 1,000.00 6,000.00 2,912.00 -10,613.00 -17,968.00 10,669.00
   Share Based Compensation 4,000.00 9,000.00 3,000.00 -15,000.00 22,000.00 14,000.00 7,000.00 -15,000.00 25,000.00 16,000.00 8,000.00 -18,000.00 28,000.00 18,000.00 9,000.00 -20,321.00 31,016.00 20,435.00 9,870.00
   Change in Working Capital -70,000.00 -126,000.00 -38,000.00 142,000.00 -64,000.00 -82,000.00 -39,000.00 -49,000.00 -42,000.00 -59,000.00 4,000.00 106,000.00 -194,000.00 -112,000.00 -33,000.00 312,924.00 -215,168.00 -197,813.00 -175,943.00
   Other Operating Activities -5,069,000.00 -8,381,000.00 -4,048,000.00 7,405,000.00 -11,974,000.00 -7,991,000.00 -3,962,000.00 7,653,000.00 -11,841,000.00 -7,837,000.00 -3,578,000.00 9,410,000.00 -13,438,000.00 -9,177,000.00 -4,237,000.00 5,062,846.00 -11,109,475.00 -6,914,619.00 -3,181,752.00
Investing Cash Flow 792,000.00 511,000.00 257,000.00 47,000.00 69,000.00 -4,000.00 18,000.00 372,000.00 -129,000.00 -81,000.00 -12,000.00 -2,059,000.00 2,637,000.00 1,895,000.00 574,000.00 -711,037.00 2,568,890.00 1,714,218.00 489,929.00
   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 0 119,000.00 65,000.00 -120,000.00 183,000.00 123,000.00 61,000.00 -78,000.00 149,000.00 97,000.00 54,000.00 -224,000.00 295,000.00 241,000.00 32,000.00 -35,935.00 91,219.00 50,099.00 28,617.00
   Net Purchase/Sale of Investments Net -7,000.00 -11,000.00 -6,000.00 -35,000.00 14,000.00 16,000.00 17,000.00 -93,000.00 51,000.00 51,000.00 42,000.00 -1,970,000.00 2,598,000.00 1,802,000.00 598,000.00 -742,542.00 2,625,485.00 1,760,793.00 518,264.00
   Net Purchase/Sale of Business 900,000.00 600,000.00 300,000.00 -88,000.00 226,000.00 116,000.00 81,000.00 310,000.00 42,000.00 42,000.00 0 0 0 0 0 0 0 0 0
   Other Investing Activities -101,000.00 -197,000.00 -102,000.00 290,000.00 -354,000.00 -259,000.00 -141,000.00 233,000.00 -371,000.00 -271,000.00 -108,000.00 135,000.00 -256,000.00 -148,000.00 -56,000.00 67,440.00 -147,814.00 -96,674.00 -56,952.00
Financing Cash Flow -206,000.00 -713,000.00 1,000.00 297,000.00 -174,000.00 -172,000.00 -132,000.00 121,000.00 -115,000.00 -161,000.00 -235,000.00 2,096,000.00 -2,549,000.00 -1,796,000.00 -548,000.00 2,348,440.00 -3,693,230.00 -3,023,747.00 -923,463.00
   Net Issuance/Repayment of Debt 500,000.00 1,191,000.00 451,000.00 -261,000.00 1,114,000.00 266,000.00 20,000.00 -2,699,000.00 1,501,000.00 1,451,000.00 1,248,000.00 -575,000.00 300,000.00 300,000.00 300,000.00 -316,368.00 1,066,684.00 716,684.00 0
   Net Issuance/Repurchase of Equity 0 0 0 -178,000.00 89,000.00 89,000.00 89,000.00 107,000.00 40,000.00 40,000.00 40,000.00 -2,492,000.00 2,641,000.00 1,890,000.00 843,000.00 -1,334,028.00 2,910,587.00 1,957,030.00 738,411.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -706,000.00 -1,904,000.00 -450,000.00 736,000.00 -1,377,000.00 -527,000.00 -241,000.00 2,713,000.00 -1,656,000.00 -1,652,000.00 -1,523,000.00 5,163,000.00 -5,490,000.00 -3,986,000.00 -1,691,000.00 3,998,836.00 -7,670,501.00 -5,697,461.00 -1,661,874.00
Net Change in Cash -152,000.00 -33,000.00 336,000.00 214,000.00 -2,000.00 -97,000.00 -62,000.00 569,000.00 -290,000.00 -297,000.00 -206,000.00 -67,000.00 28,000.00 117,000.00 116,000.00 1,200,014.00 -988,372.00 -1,198,072.00 -240,570.00
   Cash at Beginning of Period 229,000.00 229,000.00 229,000.00 15,000.00 176,000.00 176,000.00 176,000.00 -393,000.00 400,000.00 400,000.00 400,000.00 467,000.00 206,000.00 206,000.00 206,000.00 -994,014.00 1,433,292.00 1,433,292.00 1,433,292.00
   Cash at End of Period 77,000.00 196,000.00 565,000.00 229,000.00 174,000.00 79,000.00 114,000.00 176,000.00 110,000.00 103,000.00 194,000.00 400,000.00 234,000.00 323,000.00 322,000.00 206,000.00 444,920.00 235,220.00 1,192,722.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0