Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -0.95 -13.39
Price to Sales 4.50 94.60 303.43
Book Value Per Common Share 3.71 0.43 0.55
Price to Book 1.33 19.61 49.75
Price to Operating Cash Flow -1.09 -18.90 -62.09
Price to Free Cash Flow -1.08 -18.65 -59.17
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30
Price to Earnings -5.08 -3.21 -3.61 -8.43 -36.40
Price to Sales 14.07 11.76 14.04 57.19 184.46 1723.40 1336.54
Book Value Per Common Share 2.24 2.47 3.06 3.71 4.52 0.29 0.43 0.59 0.55 0.76 -0.22
Price to Book 0.86 0.86 0.85 1.33 1.85 18.52 19.61 54.94 49.75 36.49
Price to Operating Cash Flow -6.28 -3.22 -2.76 -10.36 -48.19 -175.14
Price to Free Cash Flow -6.22 -3.22 -2.71 -9.72 -47.15 -171.79
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY
Revenue YoY 41.99 74.67
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30
Earning YoY
Revenue YoY 15.35 27.44 -54.52 164.61 -4.63 -25.78
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 5.03 0.33 0.49
Quick Ratio 10.35 7.01 6.17
Current Ratio 12.52 8.99 7.07
Debt to Equity 0.08 0.12 0.17
Long-Term Debt to Equity 0.00 0.01 0.02
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30
Cash Per Common Share 1.64 2.77 2.14 3.07 5.43 0.20 0.33 0.45 0.49 0.68 0.01
Quick Ratio 9.14 14.80 11.96 10.35 14.63 3.06 7.01 7.09 6.17 6.07 0.09
Current Ratio 11.98 18.70 16.39 12.52 16.83 4.65 8.99 9.00 7.07 7.17 0.34
Debt to Equity 0.09 0.06 0.06 0.08 0.06 0.23 0.12 0.12 0.17 0.15 -1.81
Long-Term Debt to Equity 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.02 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -78.94 -107.15 -121.15
ROE -85.39 -119.87 -141.18
Gross Margin 13.15 -10.35 -8.53
Operating Margin
EBITDA Margin
Net Profit Margin -474.60 -578.18 -861.16
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30
ROA -16.43 -17.65 -22.40 -14.84 -40.96 -27.98 -21.88 -108.42
ROE -17.91 -18.68 -23.74 -15.74 -50.53 -31.44 -25.23 88.28
Gross Margin 36.65 -2.19 48.52 23.40 1.81 7.10 15.05 21.12
Operating Margin -287.49 -374.82 -694.82
EBITDA Margin -283.23 -367.94 -681.47
Net Profit Margin -274.84 -363.60 -391.35 -678.50 -514.07 -987.30 -924.16 -583.08

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 2024-03-31 2023-12-31 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 9,838.31 6,218.76 4,689.88
   Current Assets 9,238.22 5,616.77 4,240.73
      Cash and Short-Term Investments 7,524.17 4,287.45 3,591.11
            Cash and Cash Equivalents 2,628.99 4,287.45 3,591.11
            Short-Term Investments 4,895.18 0 0
      Net Receivables 107.92 93.21 110.26
      Inventory 831.76 533.24 94.70
      Other Current Assets 774.37 702.87 444.66
   Non-Current Assets 600.09 601.99 449.15
      Property, Plant, Equipment Net 107.56 132.85 119.74
      Goodwill 0 0 0
      Intangible Assets 534.00 329.23 156.20
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets -41.47 139.91 173.21
Liabilities 743.17 659.94 665.46
   Current Liabilities 737.72 624.49 600.00
      Payables and Expenses 692.82 581.99 275.66
            Account Payables 0 0 0
            Current Accrued Liabilities 0 0 0
      Short-Term Debt 0 0 61.36
      Other Current Liabilities 44.90 42.50 262.99
   Non-Current Liabilities 5.45 35.45 65.45
      Long-Term Debt 0 0 0
      Other Non-Current Liabilities 0 0 0
Equity 9,095.14 5,558.83 4,024.43
   Shareholders Equity 9,095.14 5,558.83 4,024.43
      Capital Stock 0.03 0.13 0.07
      Share Premium 33,831.05 22,528.11 14,330.34
      Retained Earnings -24,735.93 -16,969.42 -10,305.99
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income 0 0 0
   Minority Interest 0 0 0
Investments 4,895.18 25.77 92.65
Debt 0 0 61.36
Common Shares Outstanding 2,452.63 12,917.24 7,307.16
Breakdown 2024-12-31 2023-12-31 2022-12-31
Revenues 1,636.44 1,152.48 659.79
Cost Of Revenue 1,421.25 1,271.81 716.08
Gross Profit 215.19 -119.33 -56.29
Operating Expenses 8,138.89 6,736.21 5,520.37
   Selling, General and Administrative Expenses 7,179.51 5,934.03 4,855.68
   Research and Development Expenses 819.39 662.18 524.69
   Other Operating Expenses 140.00 140.00 140.00
Operating Income -7,923.70 -6,855.54 -5,576.66
Net Non-Operating Income 157.19 192.11 0
Interest Expense 0.00 3.04 105.17
EBT 0 0 0
Income Tax 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 0 -6,663.43 -5,681.83
Net Income Non-Controlling Interests 0 0.00 0.00
Net Income -7,766.52 -6,663.43 -5,681.83
Deprecation and Amortization 149.39 85.26 32.57
EPS -0.01 -0.00 0
Diluted EPS -0.01 -0.00 0
Average Shares Outstanding Basic 1,496.36 0 0
Average Shares Outstanding Diluted 1,496.36 10,516.00 0
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow -6,739.63 -5,766.30 -3,224.42
   Operating Net Income -7,766.52 -6,663.43 -5,681.83
   Deprecation and Amortization 149.39 85.26 32.57
   Deferred Income Tax 0 0 0
   Share Based Compensation 774.79 936.77 1,473.86
   Change in Working Capital -296.57 -367.67 -208.21
   Other Operating Activities 399.29 242.77 1,159.19
Investing Cash Flow -5,162.16 -198.75 -219.95
   Capital Expenditure -62.20 -78.46 -159.23
   Net Purchase/Sale of PPE -62.20 -76.51 -159.23
   Net Purchase/Sale of Investments Net 0 0 0
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities -5,037.75 -43.78 98.52
Financing Cash Flow 10,243.33 6,661.39 6,955.75
   Net Issuance/Repayment of Debt 0 -109.50 822.00
   Net Issuance/Repurchase of Equity 3,928.14 3,145.37 6,127.07
   Dividends Paid 0 0 0
   Other Financing Activities 6,315.19 3,625.53 6.68
Net Change in Cash -1,658.46 696.34 3,511.38
   Cash at Beginning of Period 4,287.45 3,591.11 79.73
   Cash at End of Period 2,628.99 4,287.45 3,591.11
Free Cash Flow -6,801.83 -5,844.77 -3,383.65
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30
Assets 11,175.22 11,935.77 7,941.26 9,838.31 11,596.84 4,813.01 6,218.76 5,112.90 4,689.88 6,417.90 1,101.13
   Current Assets 10,599.00 11,332.99 7,329.21 9,238.22 10,992.14 4,110.80 5,616.77 4,542.11 4,240.73 6,102.11 835.47
      Cash and Short-Term Investments 7,998.20 8,912.65 5,258.17 7,524.17 9,439.01 2,648.57 4,287.45 3,449.83 3,591.11 4,976.22 34.88
            Cash and Cash Equivalents 6,699.52 7,627.38 5,258.17 2,628.99 4,543.83 2,648.57 4,287.45 3,449.83 3,591.11 4,976.22 34.88
            Short-Term Investments 1,298.69 1,285.26 0 4,895.18 4,895.18 0 0 0 0 0 0
      Net Receivables 83.36 57.96 89.66 107.92 114.66 52.78 93.21 127.64 110.26 187.59 186.88
      Inventory 1,633.12 1,677.04 1,127.99 831.76 915.18 858.90 533.24 743.08 94.70 422.90 325.41
      Other Current Assets 884.32 685.35 853.39 774.37 523.29 550.55 702.87 221.55 444.66 515.39 288.30
   Non-Current Assets 576.23 602.78 612.04 600.09 604.70 702.21 601.99 570.79 449.15 315.79 265.66
      Property, Plant, Equipment Net 58.24 58.33 127.01 107.56 106.69 143.49 132.85 137.57 119.74 98.28 52.78
      Goodwill 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 421.49 435.04 553.12 534.00 431.03 380.81 329.23 265.02 156.20 135.42 133.99
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 96.49 109.41 -68.09 -41.47 66.97 177.91 139.91 168.20 173.21 82.09 78.89
Liabilities 925.00 658.52 447.24 743.17 665.91 911.44 659.94 562.60 665.46 851.05 2,453.40
   Current Liabilities 884.65 606.06 447.24 737.72 652.96 883.49 624.49 504.65 600.00 851.05 2,453.40
      Payables and Expenses 836.06 537.76 313.12 692.82 607.95 840.99 581.99 292.23 275.66 485.91 284.60
            Account Payables 772.22 483.23 0 0 607.95 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 61.36 166.21 1,937.77
      Other Current Liabilities 48.59 68.30 134.12 44.90 45.01 42.50 42.50 212.42 262.99 198.93 231.03
   Non-Current Liabilities 40.35 52.46 0.00 5.45 12.95 27.95 35.45 57.95 65.45 0.00 0.00
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 40.35 52.46 0 0 12.95 0 0 0 0 0 0
Equity 10,250.22 11,277.25 7,494.01 9,095.14 10,930.92 3,901.57 5,558.83 4,550.30 4,024.43 5,566.85 -1,352.27
   Shareholders Equity 10,250.22 11,277.25 7,494.01 9,095.14 10,930.92 3,901.57 5,558.83 4,550.30 4,024.43 5,566.85 -1,352.27
      Capital Stock 0.05 0.05 0.03 0.03 0.02 0.13 0.13 0.08 0.07 0.07 0.06
      Share Premium 40,707.16 39,897.93 34,008.62 33,831.05 33,540.70 22,842.16 22,528.11 16,287.02 14,330.34 14,000.17 5,676.74
      Retained Earnings -30,456.99 -28,620.73 -26,514.63 -24,735.93 -22,609.80 -18,940.73 -16,969.42 -11,736.80 -10,305.99 -8,428.85 -7,024.52
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 31.85 4,895.18 0 21.44 25.77 92.65 92.65 0 0
Debt 0 0 0 0 0 0 0 0 61.36 166.21 1,937.77
Net Debt 0 0 0 0 0 0 0 0 0 0 1,902.89
Common Shares Outstanding 4,574.60 4,574.60 2,452.63 2,452.63 2,420.93 13,233.54 12,917.24 7,715.76 7,307.16 7,307.16 6,060.19
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-03-31 2022-09-30 2022-06-30
Revenues 668.13 579.23 454.50 999.37 253.60 0 383.47 144.92 151.96 204.74
Cost Of Revenue 423.29 591.89 233.97 850.48 194.25 0 376.52 134.63 129.09 161.49
Interest Expense 0 0 0.00 0.00 0 0 0.00 1.94 37.88 45.39
Non-Interest Expense 2,000.68 1,855.18 0 0 1,655.04 0 0 0 0 0
Gross Profit 244.84 -12.66 220.53 148.90 59.34 0 6.95 10.29 22.86 43.25
Operating Expenses 2,165.66 2,158.41 2,124.32 4,295.94 1,821.41 0 2,021.54 1,439.24 1,388.58 1,189.61
   Selling, General and Administrative Expenses 2,000.68 1,855.18 1,878.75 3,754.23 1,655.04 0 1,770.24 1,253.07 1,048.88 1,102.05
   Research and Development Expenses 129.98 268.22 210.58 471.72 131.37 0 216.30 151.17 304.69 52.56
   Other Operating Expenses 35.00 35.00 35.00 70.00 35.00 0 35.00 35.00 35.00 35.00
Operating Income -1,920.83 -2,171.07 -1,903.79 -4,147.05 -1,762.06 0 -2,014.59 -1,428.95 -1,365.71 -1,146.37
Net Non-Operating Income 84.56 64.98 125.09 72.52 41.39 0 43.28 -1.86 -38.61 -47.45
EBT -1,836.27 -2,106.09 0 0 -1,720.68 0 0 0 0 0
Income Tax 0 0 0.00 0.00 0 0 0.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -1,836.27 -2,106.09 0 0 -1,720.68 0 -1,971.31 -1,430.81 -1,404.32 -1,193.81
Net Income Non-Controlling Interests 0 0 0 0 0 0 0.00 0.00 0.00 0.00
Net Income -1,836.27 -2,106.09 -1,778.70 -4,074.53 -1,720.68 0 -1,971.31 -1,430.81 -1,404.32 -1,193.81
EBIT -1,920.83 -2,171.07 0 0 -1,762.06 0 0 0 0 0
Deprecation and Amortization 28.47 39.88 33.87 86.06 33.86 0 29.47 16.26 0 0
EBITDA -1,892.35 -2,131.20 0 0 -1,728.20 0 0 0 0 0
EPS -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 0 0
Average Shares Outstanding Basic 4,870.01 3,214.79 2,453.45 -9,747.69 1,736.80 1,044.21 12,952.11 0 0 0
Average Shares Outstanding Diluted 4,870.01 3,214.79 2,453.45 -9,747.69 1,736.80 1,044.21 12,952.11 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31
Operating Cash Flow -1,497.43 -2,116.50 -2,311.05 -1,399.67 -1,467.36 -1,427.07
   Operating Net Income -1,836.27 -2,106.09 -1,778.70 -1,720.68 -1,971.31 -1,430.81
   Deprecation and Amortization 28.47 39.88 33.87 33.86 29.47 16.26
   Deferred Income Tax 0 0 0 0 0 0
   Share Based Compensation 176.80 172.21 183.00 105.08 232.15 424.43
   Change in Working Capital 76.79 -283.56 -806.49 121.46 145.86 -502.80
   Other Operating Activities 56.76 61.06 57.27 60.62 96.47 65.84
Investing Cash Flow -14.84 -1,274.32 4,940.23 -4,986.93 -95.54 -136.96
   Capital Expenditure 0 0 -40.65 0 -32.30 -28.14
   Net Purchase/Sale of PPE -14.84 0 -40.65 0 -32.30 -28.14
   Net Purchase/Sale of Investments Net 0 -1,274.32 0 -4,895.18 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0
   Other Investing Activities 0.00 0.00 5,021.53 -91.74 -30.94 -80.69
Financing Cash Flow 584.40 5,760.04 0 5,033.53 -75.99 1,422.75
   Net Issuance/Repayment of Debt 0 0 0 0 0 -109.50
   Net Issuance/Repurchase of Equity 713.90 0 0 1,398.56 0 1,532.25
   Dividends Paid 0 0 0 0 0 0
   Other Financing Activities 0 0 0 3,634.98 -75.99 0.00
Net Change in Cash -927.87 2,369.21 2,629.18 -1,353.06 -1,638.88 -141.28
   Cash at Beginning of Period 7,627.38 5,258.17 2,628.99 5,896.89 4,287.45 3,591.11
   Cash at End of Period 6,699.52 7,627.38 5,258.17 4,543.83 2,648.57 3,449.83
Free Cash Flow -1,512.27 -2,116.50 -2,351.70 -1,491.41 -1,499.65 -1,455.21