Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -2.10
Price to Sales 2.52
Book Value Per Common Share -1.26 -1.79 -0.67 0.29
Price to Book -2.87
Price to Operating Cash Flow -2.75
Price to Free Cash Flow -2.57
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings -20.50 -5.71 -5.47 -16.90
Price to Sales 9.66 11.89 11.36 8.91 13.46
Book Value Per Common Share -1.85 -1.61 -1.52 -1.26 -0.55
Price to Book -1.11 -1.36 -1.05 -2.87 -9.26
Price to Operating Cash Flow
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 36.13 7004.82 159.21
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 9.51 35.21 -65.81 6.60
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.16 0.62 1.09 0.79
Quick Ratio 0.15 0.32 0.84 0.80
Current Ratio 0.42 0.50 0.88 1.40
Debt to Equity -3.66 -2.31 -4.03 5.74
Long-Term Debt to Equity -0.79 -0.86 -1.97 2.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.10 0.10 0.19 0.15 0.28
Quick Ratio 0.09 0.12 0.14 0.15 0.16
Current Ratio 0.40 0.47 0.45 0.42 0.61
Debt to Equity -2.47 -3.04 -3.18 -3.66 -7.85
Long-Term Debt to Equity -0.69 -1.02 -1.02 -0.79 -2.21

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -48.47 -47.78 -52.83 -8.39
ROE 128.79 62.54 160.00 -56.59
Gross Margin 3.21 15.05 24.14 15.11
Operating Margin -113.28 -108.83 -7489.06 -2849.55
EBITDA Margin -105.00 -100.73 -7355.23 -2793.79
Net Profit Margin -119.86 -111.50 -7584.29 -2997.86
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -3.52 -5.78 -8.07 -19.24 -7.95
ROE 5.18 11.81 17.56 51.13 54.51
Gross Margin 7.91 5.35 12.01 -10.86 3.22
Operating Margin -41.70 -96.02 -159.36 -148.14 -77.04
EBITDA Margin -41.70 -96.02 -159.36 -148.14 -77.04
Net Profit Margin -47.60 -103.75 -196.96 -161.98 -80.80

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio -1.70
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 2,285,663.00 1,584,678.00 1,371,952.00 1,317,311.00
   Current Assets 1,042,938.00 883,712.00 823,463.00 1,025,573.00
      Cash and Short-Term Investments 103,072.00 418,941.00 736,605.00 531,452.00
            Cash and Cash Equivalents 103,072.00 418,941.00 736,605.00 531,452.00
            Short-Term Investments 0 0 0 0
      Net Receivables 264,399.00 140,272.00 45,164.00 50,797.00
      Inventory 188,582.00 265,190.00 22,703.00 1,983.00
      Other Current Assets 486,885.00 59,309.00 18,991.00 441,341.00
   Non-Current Assets 1,242,725.00 700,966.00 548,489.00 291,738.00
      Property, Plant, Equipment Net 419,121.00 534,634.00 417,123.00 169,264.00
      Goodwill 0 0 0 0
      Intangible Assets 169,311.00 116,360.00 116,364.00 116,121.00
      Long-Term Investments 9,720.00 7,792.00 8,651.00 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 644,573.00 42,180.00 6,351.00 6,353.00
Liabilities 3,145,889.00 2,795,380.00 1,824,967.00 1,121,990.00
   Current Liabilities 2,467,397.00 1,757,281.00 932,879.00 731,734.00
      Payables and Expenses 1,050,966.00 980,160.00 486,814.00 546,474.00
            Account Payables 472,185.00 360,542.00 7,236.00 0
            Current Accrued Liabilities 275,210.00 358,846.00 229,599.00 474,793.00
      Short-Term Debt 930,611.00 680,737.00 410,908.00 170,634.00
      Other Current Liabilities 485,820.00 96,384.00 35,157.00 14,626.00
   Non-Current Liabilities 678,492.00 1,038,099.00 892,088.00 390,256.00
      Long-Term Debt 256,305.00 261,306.00 247,695.00 47,638.00
      Other Non-Current Liabilities 422,187.00 776,793.00 644,393.00 342,618.00
Equity -860,226.00 -1,210,702.00 -453,015.00 195,321.00
   Shareholders Equity -852,862.00 -1,205,298.00 -452,373.00 195,321.00
      Capital Stock 7.00 21.00 21.00 22.00
      Share Premium 1,785,664.00 358,187.00 403,103.00 424,414.00
      Retained Earnings -2,693,698.00 -1,588,773.00 -846,757.00 -122,836.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 55,165.00 25,267.00 17,707.00 -69.00
   Minority Interest -7,364.00 -5,404.00 -642.00 0
Debt 1,186,916.00 942,043.00 658,603.00 218,272.00
Net Debt 990,690.00 402,349.00 0 0
Common Shares Outstanding 678,244.34 673,482.51 673,482.51 673,482.51
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 924,349.00 679,008.00 9,557.00 3,687.00
Cost Of Revenue 894,723.00 576,827.00 7,250.00 3,130.00
Interest Income 22,289.00 9,204.00 12,188.00 6,219.00
Interest Expense 58,218.00 10,200.00 8,542.00 3,615.00
Non-Interest Expense 549,785.00 473,468.00 299,700.00 92,829.00
Gross Profit 29,626.00 102,181.00 2,307.00 557.00
Operating Expenses 815,948.00 838,120.00 689,720.00 113,499.00
   Selling, General and Administrative Expenses 549,785.00 473,468.00 299,700.00 92,829.00
   Research and Development Expenses 274,801.00 368,729.00 445,844.00 511,364.00
   Other Operating Expenses -8,638.00 -4,077.00 -55,824.00 -490,694.00
Operating Income -786,322.00 -735,939.00 -687,413.00 -112,942.00
EBT -1,105,277.00 -749,142.00 -724,271.00 -108,678.00
Income Tax 2,012.00 1,113.00 292.00 1,853.00
Net Income Including Non-Controlling Interests -1,107,289.00 -750,255.00 -724,563.00 -110,531.00
Net Income Non-Controlling Interests 2,364.00 8,254.00 642.00 0
Net Income -1,107,904.00 -757,122.00 -724,831.00 -110,531.00
EBIT -1,047,059.00 -738,942.00 -715,729.00 -105,063.00
Deprecation and Amortization 76,488.00 54,957.00 12,790.00 2,056.00
EBITDA -970,571.00 -683,985.00 -702,939.00 -103,007.00
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 645,227.36 673,482.51 673,482.51 673,482.51
Average Shares Outstanding Diluted 645,227.36 673,482.51 673,482.51 673,482.51
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -848,520.00 -386,932.00 -351,419.00 -126,505.00
   Operating Net Income -1,107,289.00 -750,255.00 -724,563.00 -110,531.00
   Deprecation and Amortization 76,488.00 54,957.00 12,790.00 2,056.00
   Deferred Income Tax 0 -126.00 0 216.00
   Share Based Compensation 31,930.00 0 10,625.00 0
   Change in Working Capital -172,271.00 264,220.00 341,912.00 464,518.00
   Other Operating Activities 322,622.00 44,272.00 7,817.00 -482,764.00
Investing Cash Flow -579,440.00 -197,985.00 -149,414.00 244,476.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -50,798.00 -208,597.00 -132,274.00 -34,576.00
   Net Purchase/Sale of Investments Net -310,024.00 -826.00 -11,716.00 0
   Net Purchase/Sale of Business 6,374.00 -3,680.00 -3,114.00 0
   Other Investing Activities -224,992.00 15,118.00 -2,310.00 279,052.00
Financing Cash Flow 1,459,527.00 284,708.00 758,131.00 364,853.00
   Net Issuance/Repayment of Debt 719,923.00 255,811.00 414,897.00 148,484.00
   Net Issuance/Repurchase of Equity 1,186,227.00 26,139.00 393,879.00 213,613.00
   Dividends Paid 0 0 0 -1,880.00
   Other Financing Activities 0 2,758.00 -50,645.00 4,636.00
Net Change in Cash 31,567.00 -300,209.00 257,298.00 482,824.00
   Cash at Beginning of Period 427,135.00 739,533.00 531,452.00 45,685.00
   Cash at End of Period 484,937.00 427,135.00 739,533.00 531,452.00
Free Cash Flow -905,857.00 -600,646.00 -484,764.00 -161,095.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 1,858,297.00 2,252,104.00 2,266,871.00 2,285,663.00 2,587,224.00
   Current Assets 903,915.00 1,053,621.00 1,013,737.00 1,042,938.00 1,293,960.00
      Cash and Short-Term Investments 65,305.00 67,849.00 122,581.00 103,072.00 191,300.00
            Cash and Cash Equivalents 65,305.00 67,849.00 122,581.00 103,072.00 191,300.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 137,497.00 204,935.00 182,347.00 264,399.00 151,141.00
      Inventory 116,792.00 164,411.00 143,394.00 188,582.00 320,834.00
      Other Current Assets 584,321.00 616,426.00 565,415.00 486,885.00 630,685.00
   Non-Current Assets 954,382.00 1,198,483.00 1,253,134.00 1,242,725.00 1,293,264.00
      Property, Plant, Equipment Net 360,988.00 330,207.00 451,942.00 419,121.00 496,830.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 162,240.00 0 169,311.00 0
      Long-Term Investments 15,118.00 14,284.00 8,784.00 9,720.00 2,011.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 691,752.00 0 644,573.00 0
Liabilities 3,120,809.00 3,354,666.00 3,308,082.00 3,145,889.00 2,964,797.00
   Current Liabilities 2,255,201.00 2,235,488.00 2,246,432.00 2,467,397.00 2,129,955.00
      Payables and Expenses 971,293.00 968,572.00 971,328.00 1,050,966.00 1,146,853.00
            Account Payables 501,079.00 442,911.00 364,487.00 472,185.00 549,024.00
            Current Accrued Liabilities 470,214.00 294,781.00 606,841.00 275,210.00 597,829.00
      Short-Term Debt 1,258,640.00 1,158,721.00 1,120,110.00 930,611.00 829,254.00
      Other Current Liabilities 25,268.00 108,195.00 154,994.00 485,820.00 153,848.00
   Non-Current Liabilities 865,608.00 1,119,178.00 1,061,650.00 678,492.00 834,842.00
      Long-Term Debt 439,604.00 334,029.00 261,019.00 256,305.00 269,375.00
      Other Non-Current Liabilities 426,004.00 785,149.00 800,631.00 422,187.00 565,467.00
Equity -1,262,512.00 -1,102,562.00 -1,041,211.00 -860,226.00 -377,573.00
   Shareholders Equity -1,254,764.00 -1,094,814.00 -1,033,463.00 -852,862.00 -371,044.00
      Capital Stock 7.00 7.00 7.00 7.00 7.00
      Share Premium 1,918,892.00 1,846,655.00 1,785,749.00 1,785,664.00 1,857,225.00
      Retained Earnings -3,072,151.00 -3,006,736.00 -2,876,521.00 -2,693,698.00 -2,253,891.00
      Treasury Shares 141,575.00 0 0 0 0
      Accumulated Other Comprehensive Income 40,063.00 65,260.00 57,302.00 55,165.00 25,615.00
   Minority Interest -7,748.00 -7,748.00 -7,748.00 -7,364.00 -6,529.00
Debt 1,698,244.00 1,492,750.00 1,381,129.00 1,186,916.00 1,098,629.00
Net Debt 1,553,434.00 1,344,589.00 1,168,545.00 990,690.00 810,963.00
Common Shares Outstanding 678,295.34 678,295.34 678,244.34 678,244.34 677,931.54
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 137,432.00 125,503.00 92,823.00 271,526.00 254,708.00 0
Cost Of Revenue 126,556.00 118,786.00 81,674.00 301,015.00 246,505.00 0
Interest Income 7,417.00 6,491.00 6,666.00 7,013.00 6,618.00 0
Interest Expense 7,398.00 -627.00 34,268.00 37,661.00 8,849.00 0
Non-Interest Expense 66,980.00 123,607.00 70,248.00 114,639.00 118,894.00 0
Gross Profit 10,876.00 6,717.00 11,149.00 -29,489.00 8,203.00 0
Operating Expenses 104,396.00 167,150.00 114,144.00 159,088.00 168,242.00 0
   Selling, General and Administrative Expenses 66,980.00 123,607.00 70,248.00 114,639.00 118,894.00 0
   Research and Development Expenses 37,501.00 43,703.00 48,602.00 47,276.00 52,671.00 0
   Other Operating Expenses -85.00 -160.00 -4,706.00 -2,827.00 -3,323.00 0
Operating Income -93,520.00 -160,433.00 -102,995.00 -188,577.00 -160,039.00 0
Net Non-Operating Income 39,376.00 0 0 0 -69,495.00 0
EBT -64,703.00 -119,878.00 -182,193.00 -439,912.00 -205,070.00 0
Income Tax 1,642.00 14,411.00 632.00 857.00 800.00 0
Net Income Including Non-Controlling Interests -65,415.00 -130,215.00 -182,825.00 -440,769.00 -206,268.00 0
Net Income Non-Controlling Interests 0 0 2.00 962.00 469.00 0
Net Income -65,415.00 -130,215.00 -182,823.00 -439,807.00 -205,799.00 0
EBIT -57,305.00 -120,505.00 -147,925.00 -402,251.00 -196,221.00 0
EBITDA -57,305.00 -120,505.00 -147,925.00 -402,251.00 -196,221.00 0
EPS -0.00 0 -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 0 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 647,705.81 0 659,330.41 670,513.49 675,897.69 675,454.34
Average Shares Outstanding Diluted 647,705.81 0 659,330.41 670,513.49 675,897.69 675,454.34
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow