LENZ
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -12.34 | |||
| Price to Sales | ||||
| Book Value Per Common Share | 7.42 | 3.16 | 5.11 | 6.62 |
| Price to Book | 3.89 | |||
| Price to Operating Cash Flow | -10.34 | |||
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -28.23 | -27.65 | -48.51 | -12.30 | -9.77 | -6.33 | ||||||||||||
| Price to Sales | 74.67 | 163.01 | ||||||||||||||||
| Book Value Per Common Share | 6.78 | 7.24 | 6.97 | 7.42 | 7.83 | 7.46 | 7.77 | 3.16 | 3.52 | 3.87 | 4.75 | 5.11 | 5.44 | 5.81 | 6.23 | 6.62 | 6.89 | 6.77 |
| Price to Book | 6.87 | 4.05 | 3.69 | 3.89 | 3.03 | 2.32 | 2.87 | |||||||||||
| Price to Operating Cash Flow | -36.15 | -29.57 | -44.10 | -9.06 | -6.60 | -4.40 | ||||||||||||
| Price to Free Cash Flow | ||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | ||||
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||||||||
| Revenue YoY | 250.00 | |||||||||||||||||
| EBITDA YoY | ||||||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 9.83 | 3.23 | 5.17 | 6.53 |
| Quick Ratio | ||||
| Current Ratio | 20.36 | 39.20 | 21.11 | 31.44 |
| Debt to Equity | 0.06 | 0.03 | 0.09 | 0.05 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.04 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 7.21 | 7.54 | 7.05 | 7.60 | 11.32 | 12.93 | 45.21 | 3.18 | 4.12 | 4.37 | 0.00 | 4.89 | 5.59 | 6.05 | 6.07 | 6.53 | 6.80 | 6.83 |
| Quick Ratio | ||||||||||||||||||
| Current Ratio | 12.69 | 20.54 | 23.09 | 20.36 | 28.63 | 23.23 | 11.47 | 39.20 | 19.05 | 20.47 | 18.85 | 21.11 | 22.07 | 27.07 | 26.93 | 31.44 | 35.60 | 48.96 |
| Debt to Equity | 0.09 | 0.05 | 0.05 | 0.06 | 0.04 | 0.05 | 0.10 | 0.03 | 0.30 | 0.28 | 0.12 | 0.09 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.02 |
| Long-Term Debt to Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.24 | 0.23 | 0.07 | 0.04 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -23.12 | -66.14 | -31.39 | -17.61 |
| ROE | -24.39 | -67.90 | -34.11 | -18.44 |
| Gross Margin | ||||
| Operating Margin | ||||
| EBITDA Margin | ||||
| Net Profit Margin |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -21.94 | -13.59 | -7.26 | -16.57 | -13.28 | -7.66 | -38.21 | -27.61 | -7.72 | -22.83 | -14.63 | -6.82 | -12.45 | -9.62 | ||||
| ROE | -23.84 | -14.31 | -7.61 | -17.24 | -13.94 | -8.40 | -49.86 | -35.36 | -8.66 | -24.16 | -15.30 | -7.15 | -12.95 | -9.82 | ||||
| Gross Margin | ||||||||||||||||||
| Operating Margin | -261.32 | -580.62 | ||||||||||||||||
| EBITDA Margin | -244.29 | -539.08 | ||||||||||||||||
| Net Profit Margin | -264.18 | -590.62 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | ||||||||||||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 215,304.00 | 188,456.00 | 321,902.00 | 401,987.00 |
| Current Assets | 211,917.00 | 188,021.00 | 275,365.00 | 381,736.00 |
| Cash and Short-Term Investments | 209,100.00 | 184,300.00 | 283,600.00 | 378,692.00 |
| Cash and Cash Equivalents | 39,961.00 | 184,259.00 | 47,730.00 | 378,692.00 |
| Short-Term Investments | 0 | 0 | 220,499.00 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 2,817.00 | 3,721.00 | -8,235.00 | 3,044.00 |
| Non-Current Assets | 3,387.00 | 435.00 | 46,537.00 | 20,251.00 |
| Property, Plant, Equipment Net | 1,989.00 | 621.00 | 41,110.00 | 43,681.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 15,322.00 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,398.00 | -186.00 | -9,895.00 | -23,430.00 |
| Liabilities | 11,220.00 | 4,874.00 | 25,611.00 | 17,937.00 |
| Current Liabilities | 10,406.00 | 4,797.00 | 13,043.00 | 12,143.00 |
| Payables and Expenses | 10,506.00 | 1,784.00 | 6,407.00 | 5,142.00 |
| Account Payables | 4,357.00 | 250.00 | 2,608.00 | 2,453.00 |
| Current Accrued Liabilities | 6,149.00 | 1,534.00 | 3,799.00 | 2,689.00 |
| Short-Term Debt | 567.00 | 285.00 | 4,045.00 | 5,482.00 |
| Other Current Liabilities | -667.00 | 2,728.00 | 2,591.00 | 1,519.00 |
| Non-Current Liabilities | 814.00 | 77.00 | 12,568.00 | 5,794.00 |
| Long-Term Debt | 814.00 | 77.00 | 1,749.00 | 5,794.00 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 10,819.00 | 0.00 |
| Equity | 204,084.00 | 183,582.00 | 296,291.00 | 384,050.00 |
| Shareholders Equity | 204,084.00 | 183,582.00 | 296,291.00 | 384,050.00 |
| Capital Stock | 1.00 | 1.00 | 1.00 | 1.00 |
| Share Premium | 348,901.00 | 550,635.00 | 539,741.00 | 525,400.00 |
| Retained Earnings | -145,014.00 | -367,054.00 | -242,403.00 | -141,351.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 196.00 | 0 | -1,048.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 235,821.00 | 0 |
| Debt | 814.00 | 362.00 | 5,794.00 | 11,276.00 |
| Common Shares Outstanding | 27,518.44 | 58,008.40 | 58,010.82 | 58,010.82 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Expenses | 58,610.00 | 135,191.00 | 105,639.00 | 60,443.00 |
| Selling, General and Administrative Expenses | 28,809.00 | 40,973.00 | 32,852.00 | 22,511.00 |
| Research and Development Expenses | 30,301.00 | 33,837.00 | 78,887.00 | 43,632.00 |
| Other Operating Expenses | -500.00 | 60,381.00 | -6,100.00 | -5,700.00 |
| Operating Income | -58,610.00 | -135,191.00 | -105,639.00 | -60,443.00 |
| Net Non-Operating Income | 8,842.00 | 10,540.00 | 4,587.00 | -10,317.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 8,553.00 | 0 | 0 | 0 |
| EBT | -49,768.00 | -124,651.00 | -101,052.00 | -70,760.00 |
| Income Tax | 1.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -49,769.00 | -124,651.00 | -101,052.00 | -70,800.00 |
| EBIT | -49,768.00 | -124,651.00 | -101,052.00 | -70,760.00 |
| Deprecation and Amortization | 4,075.00 | 864.00 | 3,952.00 | 734.00 |
| EBITDA | -45,693.00 | -123,787.00 | -97,100.00 | -70,026.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 |
| Average Shares Outstanding Basic | 21,281.04 | 57,015.16 | 54,873.68 | 0 |
| Average Shares Outstanding Diluted | 21,281.04 | 57,015.16 | 54,873.68 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -59,391.00 | -90,007.00 | -87,980.00 | -52,852.00 |
| Operating Net Income | -149,307.00 | -124,651.00 | -101,052.00 | -70,760.00 |
| Deprecation and Amortization | 4,075.00 | 864.00 | 3,952.00 | 734.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 6,365.00 | 10,574.00 | 13,534.00 | 7,871.00 |
| Change in Working Capital | -10,387.00 | -51,661.00 | -967.00 | 6,204.00 |
| Other Operating Activities | 89,863.00 | 74,867.00 | -3,447.00 | 3,099.00 |
| Investing Cash Flow | -154,479.00 | 226,346.00 | -241,863.00 | -5,740.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 468.00 | 12,760.00 | 6,594.00 | 5,740.00 |
| Net Purchase/Sale of Investments Net | 329,811.00 | 291,556.00 | 575,769.00 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | -484,758.00 | -77,970.00 | -824,226.00 | -11,480.00 |
| Financing Cash Flow | 199,002.00 | 190.00 | 597.00 | 417,467.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 83,551.00 | 257.00 | 676.00 | 251,657.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 115,451.00 | -67.00 | -79.00 | 165,810.00 |
| Net Change in Cash | -14,868.00 | 136,529.00 | -329,246.00 | 358,875.00 |
| Cash at Beginning of Period | 35,140.00 | 49,446.00 | 378,692.00 | 19,825.00 |
| Cash at End of Period | 20,272.00 | 185,975.00 | 49,446.00 | 378,700.00 |
| Free Cash Flow | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 210,704.00 | 217,332.00 | 201,252.00 | 215,304.00 | 224,007.00 | 202,639.00 | 217,322.00 | 188,456.00 | 266,228.00 | 287,044.00 | 309,996.00 | 321,902.00 | 334,845.00 | 353,786.00 | 378,606.00 | 401,987.00 | 416,152.00 | 387,106.00 |
| Current Assets | 206,997.00 | 213,602.00 | 197,859.00 | 211,917.00 | 220,704.00 | 199,350.00 | 216,674.00 | 188,021.00 | 238,783.00 | 251,171.00 | 270,307.00 | 275,365.00 | 298,492.00 | 326,644.00 | 343,756.00 | 381,736.00 | 401,229.00 | 384,752.00 |
| Cash and Short-Term Investments | 202,200.00 | 209,600.00 | 194,100.00 | 209,100.00 | 217,200.00 | 196,100.00 | 213,300.00 | 184,300.00 | 234,000.00 | 246,700.00 | 0.26 | 283,600.00 | 305,100.00 | 328,300.00 | 352,100.00 | 378,692.00 | 394,953.00 | 382,114.00 |
| Cash and Cash Equivalents | 50,134.00 | 74,881.00 | 45,775.00 | 39,961.00 | 75,024.00 | 84,149.00 | 200,471.00 | 184,259.00 | 182,988.00 | 128,506.00 | 69,811.00 | 47,730.00 | 56,391.00 | 75,171.00 | 185,070.00 | 378,692.00 | 394,953.00 | 382,114.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 176,061.00 | 112,077.00 | 12,922.00 | 0 | 50,998.00 | 118,159.00 | 194,285.00 | 220,499.00 | 235,294.00 | 247,121.00 | 154,112.00 | 0 | 0 | 0 |
| Net Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | 949.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 3,848.00 | 4,002.00 | 3,759.00 | 2,817.00 | 3,504.00 | 3,250.00 | 3,374.00 | 3,721.00 | 4,783.00 | 4,471.00 | 270,306.74 | -8,235.00 | -6,608.00 | -1,656.00 | -8,344.00 | 3,044.00 | 6,276.00 | 2,638.00 |
| Non-Current Assets | 3,707.00 | 3,730.00 | 3,393.00 | 3,387.00 | 3,303.00 | 3,289.00 | 648.00 | 435.00 | 27,445.00 | 35,873.00 | 39,689.00 | 46,537.00 | 36,353.00 | 27,142.00 | 34,850.00 | 20,251.00 | 14,923.00 | 2,354.00 |
| Property, Plant, Equipment Net | 2,105.00 | 2,128.00 | 1,995.00 | 1,989.00 | 1,905.00 | 1,891.00 | 627.00 | 621.00 | 38,929.00 | 81,802.00 | 41,084.00 | 41,110.00 | 27,490.00 | 24,603.00 | 25,596.00 | 43,681.00 | 37,411.00 | 2,343.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15,322.00 | 13,403.00 | 5,988.00 | 12,927.00 | 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 |
| Other Non-Current Assets | 1,602.00 | 1,602.00 | 1,398.00 | 1,398.00 | 1,398.00 | 1,398.00 | 21.00 | -186.00 | -11,484.00 | -45,929.00 | -1,395.00 | -9,895.00 | -4,540.00 | -3,449.00 | -3,673.00 | -23,430.00 | -22,488.00 | 11.00 |
| Liabilities | 16,777.00 | 10,967.00 | 9,242.00 | 11,220.00 | 8,727.00 | 9,718.00 | 19,155.00 | 4,874.00 | 62,209.00 | 62,898.00 | 33,772.00 | 25,611.00 | 18,392.00 | 15,330.00 | 17,307.00 | 17,937.00 | 16,020.00 | 7,922.00 |
| Current Liabilities | 16,316.00 | 10,398.00 | 8,569.00 | 10,406.00 | 7,710.00 | 8,583.00 | 18,888.00 | 4,797.00 | 12,537.00 | 12,270.00 | 14,341.00 | 13,043.00 | 13,524.00 | 12,068.00 | 12,765.00 | 12,143.00 | 11,272.00 | 7,858.00 |
| Payables and Expenses | 16,316.00 | 10,698.00 | 8,569.00 | 10,506.00 | 7,710.00 | 8,583.00 | 18,888.00 | 1,784.00 | 5,652.00 | 4,988.00 | 3,306.00 | 6,407.00 | 7,318.00 | 5,800.00 | 4,092.00 | 5,142.00 | 3,422.00 | 4,769.00 |
| Account Payables | 4,323.00 | 3,154.00 | 3,661.00 | 4,357.00 | 2,762.00 | 4,406.00 | 7,131.00 | 250.00 | 3,753.00 | 2,720.00 | 1,992.00 | 2,608.00 | 3,972.00 | 3,619.00 | 3,069.00 | 2,453.00 | 1,763.00 | 4,046.00 |
| Current Accrued Liabilities | 11,993.00 | 7,544.00 | 4,908.00 | 6,149.00 | 4,948.00 | 4,177.00 | 11,757.00 | 1,534.00 | 1,899.00 | 2,268.00 | 1,314.00 | 3,799.00 | 3,346.00 | 2,181.00 | 1,023.00 | 2,689.00 | 1,659.00 | 723.00 |
| Short-Term Debt | 493.00 | 482.00 | 509.00 | 567.00 | 625.00 | 649.00 | 433.00 | 285.00 | 3,439.00 | 2,914.00 | 3,122.00 | 4,045.00 | 4,556.00 | 4,926.00 | 5,636.00 | 5,482.00 | 4,806.00 | 0 |
| Other Current Liabilities | -493.00 | -782.00 | -509.00 | -667.00 | -625.00 | -649.00 | -433.00 | 2,728.00 | 3,446.00 | 4,368.00 | 7,913.00 | 2,591.00 | 1,650.00 | 1,342.00 | 3,037.00 | 1,519.00 | 3,044.00 | 3,089.00 |
| Non-Current Liabilities | 461.00 | 569.00 | 673.00 | 814.00 | 1,017.00 | 1,135.00 | 267.00 | 77.00 | 49,672.00 | 50,628.00 | 19,431.00 | 12,568.00 | 4,868.00 | 3,262.00 | 4,542.00 | 5,794.00 | 4,748.00 | 64.00 |
| Long-Term Debt | 461.00 | 569.00 | 673.00 | 814.00 | 953.00 | 1,052.00 | 156.00 | 77.00 | 49,672.00 | 50,628.00 | 1,419.00 | 1,749.00 | 2,451.00 | 3,262.00 | 4,542.00 | 5,794.00 | 4,684.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 64.00 | 83.00 | 111.00 | 0.00 | 0.00 | 0.00 | 18,012.00 | 10,819.00 | 2,417.00 | 0.00 | 0.00 | 0.00 | 64.00 | 0 |
| Equity | 193,927.00 | 206,365.00 | 192,010.00 | 204,084.00 | 215,280.00 | 192,921.00 | 198,167.00 | 183,582.00 | 204,019.00 | 224,146.00 | 276,224.00 | 296,291.00 | 316,453.00 | 338,456.00 | 361,299.00 | 384,050.00 | 400,132.00 | 379,184.00 |
| Shareholders Equity | 193,927.00 | 206,365.00 | 192,010.00 | 204,084.00 | 215,280.00 | 192,921.00 | 198,167.00 | 183,582.00 | 204,019.00 | 224,146.00 | 276,224.00 | 296,291.00 | 316,453.00 | 338,456.00 | 361,299.00 | 384,050.00 | 400,132.00 | 379,184.00 |
| Capital Stock | 1.00 | 1.00 | 1.00 | 1.00 | 0 | 0 | 0 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Share Premium | 384,944.00 | 380,871.00 | 351,519.00 | 348,901.00 | 347,119.00 | 315,130.00 | 310,061.00 | 550,635.00 | 548,249.00 | 546,067.00 | 543,029.00 | 539,741.00 | 535,852.00 | 532,610.00 | 528,793.00 | 525,400.00 | 522,552.00 | 487,012.00 |
| Retained Earnings | -191,245.00 | -174,545.00 | -159,633.00 | -145,014.00 | -132,362.00 | -122,147.00 | -111,893.00 | -367,054.00 | -344,136.00 | -321,651.00 | -266,337.00 | -242,403.00 | -217,804.00 | -193,122.00 | -167,186.00 | -141,351.00 | -122,421.00 | -107,829.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 227.00 | 38.00 | 123.00 | 196.00 | 523.00 | -62.00 | -1.00 | 0 | -95.00 | -271.00 | -469.00 | -1,048.00 | -1,596.00 | -1,033.00 | -309.00 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 176,061.00 | 112,077.00 | 12,922.00 | 0 | 50,998.00 | 118,159.00 | 194,285.00 | 235,821.00 | 248,697.00 | 253,109.00 | 167,039.00 | 0 | 0 | 0 |
| Debt | 461.00 | 569.00 | 673.00 | 814.00 | 953.00 | 1,052.00 | 156.00 | 362.00 | 53,111.00 | 53,542.00 | 4,541.00 | 5,794.00 | 7,007.00 | 8,188.00 | 10,178.00 | 11,276.00 | 9,490.00 | 0 |
| Net Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,540.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Shares Outstanding | 28,588.26 | 28,500.12 | 27,535.66 | 27,518.44 | 27,480.63 | 25,845.67 | 25,500.13 | 58,008.40 | 57,971.91 | 57,989.27 | 58,194.82 | 58,010.82 | 58,149.32 | 58,211.19 | 58,010.82 | 58,010.82 | 58,079.00 | 55,979.00 |
| 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 17,500.00 | 5,000.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 70,175.00 | 38,788.00 | 16,931.00 | -31,303.00 | 43,385.00 | 30,440.00 | 16,088.00 | -85,504.00 | 109,636.00 | 84,609.00 | 26,450.00 | -51,941.00 | 78,888.00 | 52,734.00 | 25,958.00 | 41,503.00 | 26,901.00 |
| Selling, General and Administrative Expenses | 51,505.00 | 23,909.00 | 11,113.00 | -9,152.00 | 19,452.00 | 12,958.00 | 5,551.00 | -8,100.00 | 26,372.00 | 15,078.00 | 7,623.00 | -16,134.00 | 24,563.00 | 16,711.00 | 7,712.00 | 14,776.00 | 8,857.00 |
| Research and Development Expenses | 19,370.00 | 15,579.00 | 6,118.00 | -22,351.00 | 24,333.00 | 17,682.00 | 10,637.00 | -47,595.00 | 33,236.00 | 30,852.00 | 17,344.00 | -35,707.00 | 58,825.00 | 36,023.00 | 19,746.00 | 31,427.00 | 21,094.00 |
| Other Operating Expenses | -700.00 | -700.00 | -300.00 | 200.00 | -400.00 | -200.00 | -100.00 | -29,809.00 | 50,028.00 | 38,679.00 | 1,483.00 | -100.00 | -4,500.00 | -0.00 | -1,500.00 | -4,700.00 | -3,050.00 |
| Operating Income | -52,675.00 | -33,788.00 | -16,931.00 | 31,303.00 | -43,385.00 | -30,440.00 | -16,088.00 | 85,504.00 | -109,636.00 | -84,609.00 | -26,450.00 | 51,941.00 | -78,888.00 | -52,734.00 | -25,958.00 | -41,503.00 | -26,901.00 |
| Net Non-Operating Income | 6,944.00 | 4,757.00 | 2,312.00 | -404.00 | 6,268.00 | 3,538.00 | -560.00 | -5,240.00 | 7,903.00 | 5,361.00 | 2,516.00 | 1,066.00 | 2,435.00 | 963.00 | 123.00 | -10,327.00 | -10,337.00 |
| Interest Expense | 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 Interest | 6,770.00 | 4,569.00 | 2,323.00 | -1,473.00 | 5,987.00 | 3,251.00 | 788.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBT | -45,731.00 | -29,031.00 | -14,619.00 | 30,899.00 | -37,117.00 | -26,902.00 | -16,648.00 | 80,264.00 | -101,733.00 | -79,248.00 | -23,934.00 | 53,007.00 | -76,453.00 | -51,771.00 | -25,835.00 | -51,830.00 | -37,238.00 |
| Income Tax | 500.00 | 500.00 | 0.00 | 1.00 | 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 | -46,231.00 | -29,531.00 | -14,619.00 | 30,898.00 | -37,117.00 | -26,902.00 | -16,648.00 | 80,264.00 | -101,733.00 | -79,248.00 | -23,934.00 | 53,007.00 | -76,453.00 | -51,771.00 | -25,835.00 | -51,830.00 | -37,238.00 |
| EBIT | -45,731.00 | -29,031.00 | -14,619.00 | 30,899.00 | -37,117.00 | -26,902.00 | -16,648.00 | 80,264.00 | -101,733.00 | -79,248.00 | -23,934.00 | 53,007.00 | -76,453.00 | -51,771.00 | -25,835.00 | -51,830.00 | -37,238.00 |
| Deprecation and Amortization | 2,981.00 | 2,077.00 | 1,170.00 | -88.00 | 2,626.00 | 1,257.00 | 280.00 | -11,008.00 | 5,687.00 | 3,969.00 | 2,216.00 | 473.00 | 2,149.00 | 935.00 | 395.00 | 404.00 | 206.00 |
| EBITDA | -42,750.00 | -26,954.00 | -13,449.00 | 30,811.00 | -34,491.00 | -25,645.00 | -16,368.00 | 69,256.00 | -96,046.00 | -75,279.00 | -21,718.00 | 53,480.00 | -74,304.00 | -50,836.00 | -25,440.00 | -51,426.00 | -37,032.00 |
| 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 | 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 | 0 | 0 |
| Average Shares Outstanding Basic | 28,052.28 | 27,804.11 | 27,526.10 | 46,048.04 | 19,195.40 | 15,163.10 | 4,717.61 | 58,948.01 | 56,749.00 | 56,499.16 | 55,864.47 | 110,618.27 | 54,591.59 | 54,284.84 | 0 | 0 | 0 |
| Average Shares Outstanding Diluted | 28,052.28 | 27,804.11 | 27,526.10 | 46,048.04 | 19,195.40 | 15,163.10 | 4,717.61 | 58,948.01 | 56,749.00 | 56,499.16 | 55,864.47 | 110,618.27 | 54,591.59 | 54,284.84 | 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 | 2021-09-30 | 2021-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -36,145.00 | -27,557.00 | -16,049.00 | 54,591.00 | -50,313.00 | -39,732.00 | -23,937.00 | 9,926.00 | -44,130.00 | -34,729.00 | -21,074.00 | 42,145.00 | -65,551.00 | -43,334.00 | -21,240.00 | -37,259.00 | -21,844.00 |
| Operating Net Income | -46,231.00 | -29,531.00 | -43,857.00 | -68,640.00 | -37,117.00 | -26,902.00 | -16,648.00 | 80,264.00 | -101,733.00 | -79,248.00 | -23,934.00 | 53,007.00 | -76,453.00 | -51,771.00 | -25,835.00 | -51,830.00 | -37,238.00 |
| Deprecation and Amortization | 2,981.00 | 2,077.00 | 1,170.00 | -88.00 | 2,626.00 | 1,257.00 | 280.00 | -11,008.00 | 5,687.00 | 3,969.00 | 2,216.00 | 473.00 | 2,149.00 | 935.00 | 395.00 | 404.00 | 206.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 8,869.00 | 5,400.00 | 2,555.00 | -1,861.00 | 4,735.00 | 2,544.00 | 947.00 | -7,066.00 | 8,269.00 | 6,108.00 | 3,263.00 | -6,422.00 | 9,912.00 | 6,702.00 | 3,342.00 | 5,425.00 | 3,051.00 |
| Change in Working Capital | 8,268.00 | 1,259.00 | -977.00 | 21,544.00 | -12,296.00 | -11,658.00 | -7,977.00 | -27,303.00 | -8,233.00 | -10,339.00 | -5,786.00 | 4,284.00 | 100.00 | -3,240.00 | -2,111.00 | 7,367.00 | 5,071.00 |
| Other Operating Activities | -10,032.00 | -6,762.00 | 25,060.00 | 103,636.00 | -8,261.00 | -4,973.00 | -539.00 | -24,961.00 | 51,880.00 | 44,781.00 | 3,167.00 | -9,197.00 | -1,259.00 | 4,040.00 | 2,969.00 | 1,375.00 | 7,066.00 |
| Investing Cash Flow | 14,142.00 | 18,475.00 | 18,889.00 | 50,527.00 | -142,616.00 | -80,390.00 | 18,000.00 | -111,470.00 | 179,264.00 | 115,389.00 | 43,163.00 | 443,073.00 | -255,387.00 | -258,883.00 | -170,666.00 | -4,759.00 | -1,123.00 |
| 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 |
| Net Purchase/Sale of PPE | 789.00 | 350.00 | 110.00 | 16.00 | 319.00 | 133.00 | 0 | -5,984.00 | 12,031.00 | 6,330.00 | 383.00 | -6,910.00 | 5,573.00 | 4,658.00 | 3,273.00 | 4,759.00 | 1,123.00 |
| Net Purchase/Sale of Investments Net | 310,313.00 | 201,595.00 | 85,181.00 | -78,743.00 | 248,297.00 | 142,257.00 | 18,000.00 | -230,658.00 | 245,105.00 | 177,305.00 | 99,804.00 | -275,663.00 | 429,814.00 | 254,225.00 | 167,393.00 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -296,960.00 | -183,470.00 | -66,402.00 | 129,254.00 | -391,232.00 | -222,780.00 | 0.00 | 125,172.00 | -77,872.00 | -68,246.00 | -57,024.00 | 725,646.00 | -690,774.00 | -517,766.00 | -341,332.00 | -9,518.00 | -2,246.00 |
| Financing Cash Flow | 27,130.00 | 26,532.00 | 44.00 | -340,346.00 | 198,949.00 | 169,131.00 | 171,268.00 | -42.00 | 124.00 | 116.00 | -8.00 | -168.00 | 353.00 | 412.00 | 0 | 417,154.00 | 385,264.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 53,230.00 | 52,632.00 | 44.00 | -107,431.00 | 83,498.00 | 53,667.00 | 53,817.00 | -109.00 | 191.00 | 175.00 | 0 | -183.00 | 432.00 | 427.00 | 0 | 251,344.00 | 219,475.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -26,100.00 | -26,100.00 | 0.00 | -232,915.00 | 115,451.00 | 115,464.00 | 117,451.00 | 67.00 | -67.00 | -59.00 | -8.00 | 15.00 | -79.00 | -15.00 | 0 | 165,810.00 | 165,789.00 |
| Net Change in Cash | 5,127.00 | 17,450.00 | 2,884.00 | -235,228.00 | 6,020.00 | 49,009.00 | 165,331.00 | -101,586.00 | 135,258.00 | 80,776.00 | 22,081.00 | 485,050.00 | -320,585.00 | -301,805.00 | -191,906.00 | 375,136.00 | 362,297.00 |
| Cash at Beginning of Period | 20,272.00 | 20,272.00 | 20,272.00 | 255,500.00 | 35,140.00 | 35,140.00 | 35,140.00 | 287,561.00 | 49,446.00 | 49,446.00 | 49,446.00 | -435,604.00 | 378,692.00 | 378,692.00 | 378,692.00 | 19,864.00 | 19,817.00 |
| Cash at End of Period | 25,399.00 | 37,722.00 | 23,156.00 | 20,272.00 | 41,160.00 | 84,149.00 | 200,471.00 | 185,975.00 | 184,704.00 | 130,222.00 | 71,527.00 | 49,446.00 | 58,107.00 | 76,887.00 | 186,786.00 | 395,000.00 | 382,114.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |