Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -687.83
Price to Sales 8.01
Book Value Per Common Share 4.75 3.63 3.75
Price to Book 8.68
Price to Operating Cash Flow 91.26
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
Price to Earnings 379.64 435.00 639.83 -218.61 -107.97
Price to Sales 23.75 22.72 28.04 10.94 13.83
Book Value Per Common Share 5.00 4.73 4.92 4.75 4.55 4.41 3.45 3.63 3.56 3.56 3.54 3.75 3.46 3.70
Price to Book 21.25 13.79 7.80 8.68 8.65 7.35
Price to Operating Cash Flow 157.41 196.00 240.99 138.07 161.87
Price to Free Cash Flow
Enterprise Value to EBITDA 2673848.96 2996399.17 4126154.06

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 21.99 33.38
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
Earning YoY 86.67 150.00
Revenue YoY 56.85 111.35 56.94 108.48 56.59 103.88 -56.59 57.26
EBITDA YoY 84.34 137.41 -70.54
Net Profit YoY 86.02 160.03 -88.78

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 2.21 1.03 1.64
Quick Ratio 2.81 1.57 1.54
Current Ratio 3.12 1.86 1.63
Debt to Equity 0.23 0.30 0.39
Long-Term Debt to Equity 0.02 0.02 0.03
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
Cash Per Common Share 5.94 5.67 2.23 2.11 2.23 2.31 1.07 1.01 0.93 0.95 1.34 1.56 0.71 1.04
Quick Ratio 6.37 6.74 2.98 2.81 2.44 2.59 1.49 1.57 1.40 1.40 1.47 1.54 0.80 1.02
Current Ratio 6.80 7.14 3.38 3.12 2.76 2.81 1.78 1.86 1.72 1.71 1.56 1.63 1.13 1.31
Debt to Equity 1.01 1.06 0.21 0.23 0.26 0.24 0.33 0.30 0.32 0.31 0.37 0.39 0.43 0.41
Long-Term Debt to Equity 0.80 0.86 0.01 0.02 0.01 0.00 0.02 0.02 0.01 0.02 0.02 0.03 0.04 0.05

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -1.03 -8.76 -26.98
ROE -1.27 -11.40 -37.47
Gross Margin 75.15 73.11 65.09
Operating Margin -1.25 -9.05 -40.00
EBITDA Margin 1.48 -5.77 -35.97
Net Profit Margin -1.23 -9.25 -40.13
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
ROA 2.69 1.51 0.96 -3.05 -5.11 -3.07 -7.91 -5.93 -4.38 -25.73 -17.98
ROE 5.41 3.10 1.16 -3.84 -6.35 -4.08 -10.41 -7.78 -5.99 -36.82 -25.35
Gross Margin 78.95 79.47 80.63 75.66 75.81 76.72 74.69 75.30 73.13 66.03 64.53
Operating Margin 6.11 4.92 4.02 -4.26 -8.50 -10.72 -11.41 -13.03 -20.49 -50.48 -58.30
EBITDA Margin 9.06 7.71 6.86 -1.41 -5.55 -7.68 -7.95 -9.43 -17.16 -46.13 -53.79
Net Profit Margin 6.17 5.20 4.22 -5.10 -12.72 -12.50 -11.50 -13.30 -20.65 -50.54 -58.32

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31
Assets 441,580.00 321,717.00 339,630.00
   Current Assets 240,989.00 131,427.00 142,655.00
      Cash and Short-Term Investments 159,238.00 68,964.00 102,018.00
            Cash and Cash Equivalents 159,238.00 68,964.00 102,018.00
            Short-Term Investments 0 0 0
      Net Receivables 58,052.00 42,180.00 33,125.00
      Inventory 8,057.00 4,099.00 10,826.00
      Other Current Assets 15,642.00 16,184.00 -3,314.00
   Non-Current Assets 200,591.00 190,290.00 196,975.00
      Property, Plant, Equipment Net 2,462.00 1,744.00 1,195.00
      Goodwill 133,674.00 133,674.00 133,674.00
      Intangible Assets 40,574.00 45,441.00 52,699.00
      Long-Term Investments 0 0 5,474.00
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 23,881.00 9,431.00 3,933.00
Liabilities 83,035.00 74,653.00 95,092.00
   Current Liabilities 77,338.00 70,815.00 87,649.00
      Payables and Expenses 37,478.00 33,434.00 40,806.00
            Account Payables 5,463.00 5,896.00 13,791.00
            Current Accrued Liabilities 32,015.00 27,538.00 27,015.00
      Short-Term Debt 0 3,449.00 3,513.00
      Other Current Liabilities 39,860.00 33,932.00 43,330.00
   Non-Current Liabilities 5,697.00 3,838.00 7,443.00
      Long-Term Debt 0 1,056.00 4,060.00
      Other Non-Current Liabilities 0 2,782.00 3,383.00
Equity 358,545.00 247,064.00 244,538.00
   Shareholders Equity 358,545.00 247,064.00 244,538.00
      Capital Stock 75.00 70.00 67.00
      Share Premium 648,124.00 532,128.00 501,763.00
      Retained Earnings -289,698.00 -285,143.00 -256,972.00
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income 44.00 9.00 -6.00
   Minority Interest 0 0 0
Investments 400.00 5,474.00 5,474.00
Debt 0 9,010.00 15,146.00
Common Shares Outstanding 75,405.00 68,155.83 65,239.84
Breakdown 2024-12-31 2023-12-31 2022-12-31
Revenues 371,484.00 304,518.00 228,305.00
Cost Of Revenue 92,327.00 81,881.00 79,707.00
Gross Profit 279,157.00 222,637.00 148,598.00
Operating Expenses 287,133.00 252,620.00 243,009.00
   Selling, General and Administrative Expenses 174,062.00 151,655.00 140,529.00
   Research and Development Expenses 113,071.00 100,965.00 102,480.00
   Other Operating Expenses 0.00 0.00 0.00
Operating Income -7,976.00 -29,983.00 -94,411.00
Net Non-Operating Income 3,350.00 2,428.00 3,094.00
Interest Expense 0.00 0.00 0.00
EBT -4,626.00 -27,555.00 -91,317.00
Income Tax 71.00 616.00 312.00
Net Income -4,555.00 -28,171.00 -91,629.00
EBIT -4,626.00 -27,555.00 -91,317.00
Deprecation and Amortization 10,109.00 9,983.00 9,199.00
EBITDA 5,483.00 -17,572.00 -82,118.00
EPS -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00
Average Shares Outstanding Basic 72,125.57 66,748.54 62,209.54
Average Shares Outstanding Diluted 72,125.57 66,748.54 62,839.59
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow 32,612.00 7,524.00 -57,055.00
   Operating Net Income -4,555.00 -28,171.00 -91,629.00
   Deprecation and Amortization 10,109.00 9,983.00 9,199.00
   Deferred Income Tax 0 0 0
   Share Based Compensation 42,269.00 38,512.00 34,680.00
   Change in Working Capital 31,782.00 10,236.00 -29,282.00
   Other Operating Activities -46,993.00 -23,036.00 19,977.00
Investing Cash Flow -10,132.00 -2,221.00 -111,634.00
   Capital Expenditure 0.00 0.00 0.00
   Net Purchase/Sale of PPE 5,132.00 2,221.00 701.00
   Net Purchase/Sale of Investments Net 0 0 0
   Net Purchase/Sale of Business 0 0 110,933.00
   Other Investing Activities -15,264.00 -4,442.00 -223,268.00
Financing Cash Flow 67,266.00 -24,955.00 27,709.00
   Net Issuance/Repayment of Debt 0 3,919.00 3,471.00
   Net Issuance/Repurchase of Equity 93,000.00 5,811.00 34,609.00
   Dividends Paid 0 0 0
   Other Financing Activities -25,734.00 -34,685.00 -10,371.00
Net Change in Cash 89,746.00 -19,652.00 -140,980.00
   Cash at Beginning of Period 70,713.00 90,365.00 231,345.00
   Cash at End of Period 160,459.00 70,713.00 90,365.00
Free Cash Flow 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
Assets 787,454.00 753,579.00 455,422.00 441,580.00 427,387.00 405,939.00 318,776.00 321,717.00 316,412.00 311,807.00 321,128.00 339,630.00 308,252.00 323,730.00
   Current Assets 556,989.00 521,209.00 250,109.00 240,989.00 235,361.00 218,425.00 131,456.00 131,427.00 124,937.00 117,506.00 125,673.00 142,655.00 95,055.00 107,677.00
      Cash and Short-Term Investments 455,733.00 432,710.00 168,852.00 159,238.00 158,980.00 160,793.00 73,401.00 68,964.00 61,848.00 62,404.00 87,588.00 102,018.00 43,964.00 64,264.00
            Cash and Cash Equivalents 455,733.00 432,710.00 168,852.00 159,238.00 158,980.00 160,793.00 73,401.00 68,964.00 61,848.00 62,404.00 87,588.00 102,018.00 43,964.00 64,264.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 66,468.00 58,869.00 52,009.00 58,052.00 48,850.00 40,626.00 37,036.00 42,180.00 39,731.00 33,468.00 30,980.00 33,125.00 23,186.00 19,544.00
      Inventory 14,135.00 9,673.00 9,571.00 8,057.00 13,788.00 5,545.00 6,338.00 4,099.00 10,936.00 10,390.00 8,797.00 10,826.00 15,206.00 11,138.00
      Other Current Assets 20,653.00 19,957.00 19,677.00 15,642.00 13,743.00 11,461.00 14,681.00 16,184.00 12,422.00 11,244.00 -1,692.00 -3,314.00 12,699.00 12,731.00
   Non-Current Assets 230,465.00 232,370.00 205,313.00 200,591.00 192,026.00 187,514.00 187,320.00 190,290.00 191,475.00 194,301.00 195,455.00 196,975.00 213,197.00 216,053.00
      Property, Plant, Equipment Net 3,599.00 3,554.00 3,196.00 2,462.00 2,549.00 2,600.00 1,617.00 1,744.00 1,966.00 2,225.00 1,326.00 1,195.00 2,016.00 2,685.00
      Goodwill 134,619.00 134,619.00 134,619.00 133,674.00 133,674.00 133,674.00 133,674.00 133,674.00 133,674.00 133,674.00 133,674.00 133,674.00 133,620.00 133,244.00
      Intangible Assets 39,996.00 42,520.00 43,044.00 40,574.00 42,279.00 43,520.00 44,281.00 45,441.00 47,208.00 49,092.00 50,811.00 52,699.00 54,934.00 56,822.00
      Long-Term Investments 0 0 19,762.00 0 10,863.00 5,474.00 5,474.00 0 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 52,251.00 51,677.00 4,692.00 23,881.00 2,661.00 2,246.00 2,274.00 9,431.00 3,153.00 3,836.00 4,170.00 3,933.00 17,153.00 17,828.00
Liabilities 396,007.00 386,921.00 79,142.00 83,035.00 87,696.00 79,223.00 78,936.00 74,653.00 76,104.00 74,094.00 86,308.00 95,092.00 92,790.00 94,077.00
   Current Liabilities 81,943.00 72,951.00 74,034.00 77,338.00 85,274.00 77,628.00 74,021.00 70,815.00 72,697.00 68,699.00 80,605.00 87,649.00 84,155.00 82,163.00
      Payables and Expenses 35,893.00 30,118.00 32,277.00 37,478.00 47,327.00 42,168.00 34,451.00 33,434.00 35,482.00 31,505.00 32,498.00 40,806.00 39,736.00 40,842.00
            Account Payables 8,891.00 2,966.00 5,212.00 5,463.00 19,088.00 10,031.00 9,388.00 5,896.00 12,902.00 7,111.00 9,517.00 13,791.00 12,578.00 11,429.00
            Current Accrued Liabilities 27,002.00 27,152.00 27,065.00 32,015.00 28,239.00 32,137.00 25,063.00 27,538.00 22,580.00 24,394.00 22,981.00 27,015.00 27,158.00 29,413.00
      Short-Term Debt 386.00 379.00 371.00 0 0 0 4,057.00 3,449.00 3,563.00 6,129.00 4,870.00 3,513.00 3,454.00 3,392.00
      Other Current Liabilities 45,664.00 42,454.00 41,386.00 39,860.00 37,947.00 35,460.00 35,513.00 33,932.00 33,652.00 31,065.00 43,237.00 43,330.00 40,965.00 37,929.00
   Non-Current Liabilities 314,064.00 313,970.00 5,108.00 5,697.00 2,422.00 1,595.00 4,915.00 3,838.00 3,407.00 5,395.00 5,703.00 7,443.00 8,635.00 11,914.00
      Long-Term Debt 309,842.00 309,298.00 263.00 0 0 0 1,161.00 1,056.00 950.00 1,918.00 2,807.00 4,060.00 3,909.00 7,089.00
      Other Non-Current Liabilities 4,222.00 4,672.00 4,845.00 0 0 0 3,754.00 2,782.00 2,457.00 3,477.00 2,896.00 3,383.00 4,726.00 4,825.00
Equity 391,447.00 366,658.00 376,280.00 358,545.00 339,691.00 326,716.00 239,840.00 247,064.00 240,308.00 237,713.00 234,820.00 244,538.00 215,462.00 229,653.00
   Shareholders Equity 391,447.00 366,658.00 376,280.00 358,545.00 339,691.00 326,716.00 239,840.00 247,064.00 240,308.00 237,713.00 234,820.00 244,538.00 215,462.00 229,653.00
      Capital Stock 78.00 78.00 76.00 75.00 74.00 74.00 71.00 70.00 68.00 68.00 68.00 67.00 62.00 62.00
      Share Premium 659,761.00 644,950.00 661,479.00 648,124.00 637,806.00 632,520.00 534,679.00 532,128.00 522,234.00 513,081.00 505,777.00 501,763.00 460,395.00 453,437.00
      Retained Earnings -268,521.00 -278,314.00 -285,320.00 -289,698.00 -298,195.00 -305,884.00 -294,920.00 -285,143.00 -281,997.00 -275,456.00 -271,043.00 -256,972.00 -244,669.00 -223,550.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 129.00 -56.00 45.00 44.00 6.00 6.00 10.00 9.00 3.00 20.00 18.00 -6.00 -14.00 15.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 19,762.00 400.00 10,863.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00 5,474.00
Debt 309,842.00 309,298.00 634.00 0 0 0 10,436.00 9,010.00 9,026.00 16,094.00 15,354.00 15,146.00 14,726.00 20,962.00
Common Shares Outstanding 78,268.70 77,516.23 76,418.66 75,405.00 74,664.75 74,132.20 69,440.06 68,155.83 67,556.09 66,831.44 66,295.83 65,239.84 62,284.51 62,087.11
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 2022-09-30 2022-06-30
Revenues 343,502.00 219,005.00 103,624.00 -125,788.00 255,955.00 163,090.00 78,227.00 -120,111.00 217,555.00 138,931.00 68,143.00 156,967.00 99,814.00
Cost Of Revenue 72,317.00 44,955.00 20,075.00 -27,642.00 62,304.00 39,451.00 18,214.00 -25,807.00 55,057.00 34,318.00 18,313.00 53,321.00 35,408.00
Gross Profit 271,185.00 174,050.00 83,549.00 -98,146.00 193,651.00 123,639.00 60,013.00 -94,304.00 162,498.00 104,613.00 49,830.00 103,646.00 64,406.00
Operating Expenses 261,313.00 169,869.00 81,360.00 -118,984.00 207,344.00 132,381.00 66,392.00 -123,990.00 188,140.00 123,748.00 64,722.00 185,345.00 124,981.00
   Selling, General and Administrative Expenses 166,242.00 107,208.00 50,957.00 -67,243.00 124,061.00 78,110.00 39,134.00 -72,431.00 113,192.00 73,369.00 37,525.00 108,008.00 72,213.00
   Research and Development Expenses 95,071.00 62,661.00 30,403.00 -51,741.00 83,283.00 54,271.00 27,258.00 -51,559.00 74,948.00 50,379.00 27,197.00 77,337.00 52,768.00
   Other Operating Expenses 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 9,872.00 4,181.00 2,189.00 20,838.00 -13,693.00 -8,742.00 -6,379.00 29,686.00 -25,642.00 -19,135.00 -14,892.00 -81,699.00 -60,575.00
Net Non-Operating Income 11,126.00 6,597.00 1,975.00 7,695.00 2,786.00 -5,127.00 -2,004.00 -349.00 822.00 1,026.00 929.00 2,457.00 2,379.00
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
Net Interest 9,039.00 0 0 0 0 0 0 0 0 0 0 0 0
EBT 20,998.00 10,778.00 4,164.00 28,533.00 -10,907.00 -13,869.00 -8,383.00 29,337.00 -24,820.00 -18,109.00 -13,963.00 -79,242.00 -58,196.00
Income Tax 179.00 606.00 214.00 -10,341.00 2,146.00 6,872.00 1,394.00 -72.00 205.00 375.00 108.00 84.00 11.00
Net Income 21,177.00 11,384.00 4,378.00 39,016.00 -13,053.00 -20,741.00 -9,777.00 29,409.00 -25,025.00 -18,484.00 -14,071.00 -79,326.00 -58,207.00
EBIT 20,998.00 10,778.00 4,164.00 28,533.00 -10,907.00 -13,869.00 -8,383.00 29,337.00 -24,820.00 -18,109.00 -13,963.00 -79,242.00 -58,196.00
Deprecation and Amortization 10,118.00 6,102.00 2,946.00 -4,396.00 7,305.00 4,824.00 2,376.00 -4,833.00 7,534.00 5,009.00 2,273.00 6,831.00 4,502.00
EBITDA 31,116.00 16,880.00 7,110.00 24,137.00 -3,602.00 -9,045.00 -6,007.00 24,504.00 -17,286.00 -13,100.00 -11,690.00 -72,411.00 -53,694.00
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
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
Average Shares Outstanding Basic 76,752.86 76,254.12 75,699.49 79,131.70 71,187.10 69,647.85 68,535.63 68,979.50 66,389.48 66,032.40 65,592.78 61,753.53 61,540.02
Average Shares Outstanding Diluted 84,760.16 83,980.70 83,445.34 79,131.70 71,187.10 69,647.85 68,535.63 68,979.50 66,389.48 66,032.40 65,592.78 61,753.53 61,540.02
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 2022-09-30 2022-06-30
Operating Cash Flow 51,830.00 25,383.00 12,060.00 -12,305.00 20,289.00 13,940.00 10,688.00 23,685.00 -1,434.00 -5,528.00 -9,199.00 -54,897.00 -38,528.00
   Operating Net Income 21,177.00 11,384.00 4,378.00 39,016.00 -13,053.00 -20,741.00 -9,777.00 29,409.00 -25,025.00 -18,484.00 -14,071.00 -79,326.00 -58,207.00
   Deprecation and Amortization 10,118.00 6,102.00 2,946.00 -4,396.00 7,305.00 4,824.00 2,376.00 -4,833.00 7,534.00 5,009.00 2,273.00 6,831.00 4,502.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 39,985.00 25,118.00 9,889.00 -15,546.00 30,507.00 19,047.00 8,261.00 -16,345.00 27,678.00 18,224.00 8,955.00 24,487.00 16,524.00
   Change in Working Capital 25,597.00 1,399.00 -4,572.00 8,096.00 28,300.00 -546.00 -4,068.00 14,210.00 10,433.00 -4,274.00 -10,133.00 -32,156.00 -40,412.00
   Other Operating Activities -45,047.00 -18,620.00 -581.00 -39,475.00 -32,770.00 11,356.00 13,896.00 1,244.00 -22,054.00 -6,003.00 3,777.00 25,267.00 39,065.00
Investing Cash Flow -33,928.00 -32,089.00 -4,347.00 -3,429.00 -3,291.00 -2,323.00 -1,089.00 302.00 -1,258.00 -891.00 -374.00 -114,102.00 -113,797.00
   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
   Net Purchase/Sale of PPE 6,103.00 4,264.00 1,522.00 -1,571.00 3,291.00 2,323.00 1,089.00 -302.00 1,258.00 891.00 374.00 701.00 396.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 2,825.00 2,825.00 2,825.00 0 0 0 0 0 0 0 0 113,401.00 113,401.00
   Other Investing Activities -42,856.00 -39,178.00 -8,694.00 -1,858.00 -6,582.00 -4,646.00 -2,178.00 604.00 -2,516.00 -1,782.00 -748.00 -228,204.00 -227,594.00
Financing Cash Flow 278,866.00 280,475.00 2,183.00 -79,179.00 72,474.00 79,680.00 -5,709.00 23,560.00 -24,016.00 -19,796.00 -4,703.00 -3,471.00 300.00
   Net Issuance/Repayment of Debt 320,000.00 320,000.00 0 0 0 0 0 0.00 3,919.00 0 0 3,471.00 0
   Net Issuance/Repurchase of Equity 0 0 0 -93,000.00 93,000.00 93,000.00 0 -581.00 4,109.00 1,569.00 714.00 2,079.00 1,851.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -41,134.00 -39,525.00 2,183.00 13,821.00 -20,526.00 -13,320.00 -5,709.00 24,141.00 -32,044.00 -21,365.00 -5,417.00 -9,021.00 -1,551.00
Net Change in Cash 296,768.00 273,769.00 9,896.00 -94,913.00 89,472.00 91,297.00 3,890.00 47,547.00 -26,708.00 -26,215.00 -14,276.00 -172,470.00 -152,025.00
   Cash at Beginning of Period 160,459.00 160,459.00 160,459.00 255,372.00 70,713.00 70,713.00 70,713.00 23,166.00 90,365.00 90,365.00 90,365.00 231,345.00 231,345.00
   Cash at End of Period 457,227.00 434,228.00 170,355.00 160,459.00 160,185.00 162,010.00 74,603.00 70,713.00 63,657.00 64,150.00 76,089.00 58,875.00 79,320.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0