Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings -1.89 -0.79 -2.01
Price to Sales
Book Value Per Common Share
Price to Book
Price to Operating Cash Flow -2.80 -1.19 -2.79
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 -2.48 -5.29 -9.56 -3.02 -4.02 -4.78 -2.04 -3.06 -9.11 -2.36
Price to Sales
Book Value Per Common Share 0.00 0.12
Price to Book 1283.33 14.78
Price to Operating Cash Flow -3.96 -6.26 -10.09 -5.06 -8.23 -10.79 -3.03 -4.43 -11.30 -3.14
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
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
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 0.43 0.54 1.18
Quick Ratio
Current Ratio 2.65 1.53 3.61
Debt to Equity 1.79 14.85 0.41
Long-Term Debt to Equity 0.74 4.51 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 0.36 0.35 0.39 0.37 0.41 0.58 0.47 0.42 0.49 0.77 0.69 1.00 1.61 3.19
Quick Ratio
Current Ratio 1.18 2.19 2.35 2.65 2.56 3.42 1.77 1.53 1.60 2.99 2.21 3.61 6.02 2.78
Debt to Equity 281.75 1.85 1.40 1.79 4.71 2.80 -2.51 14.85 1.55 0.49 0.79 0.41 0.20 0.47
Long-Term Debt to Equity 41.90 0.55 0.38 0.74 2.48 1.69 -1.66 4.51 0.04 0.02 0.04 0.03 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA -228.99 -261.31 -134.92
ROE -639.81 -4140.83 -190.65
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
ROA -159.29 -89.30 -38.07 -212.95 -140.99 -92.56 -193.06 -84.14 -45.37 -82.54 -73.47
ROE -45038.18 -254.45 -91.40 -1216.04 -535.97 139.94 -491.91 -125.69 -80.99 -98.99 -107.63
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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 10,155.28 7,566.85 12,022.04
   Current Assets 10,152.48 7,564.05 11,808.04
      Cash and Short-Term Investments 9,601.30 7,150.69 10,950.93
            Cash and Cash Equivalents 9,601.30 7,150.69 10,950.93
            Short-Term Investments 0 0 0
      Net Receivables 0 0 0
      Inventory 0 0 0
      Other Current Assets 551.18 413.36 857.11
   Non-Current Assets 2.80 2.80 214.00
      Property, Plant, Equipment Net 0 0 0
      Goodwill 0 0 0
      Intangible Assets 0 0 0
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 0 0 0
Liabilities 6,520.64 7,089.34 3,514.25
   Current Liabilities 3,830.04 4,937.15 3,268.91
      Payables and Expenses 3,830.04 4,937.15 3,268.91
            Account Payables 1,512.44 1,638.55 1,165.51
            Current Accrued Liabilities 2,317.60 3,298.61 2,103.40
      Short-Term Debt 0 0 0
      Other Current Liabilities 0.00 0.00 0.00
   Non-Current Liabilities 2,690.61 2,152.19 245.34
      Long-Term Debt 0 0 0
      Other Non-Current Liabilities 0 0 0
Equity 3,634.64 477.51 8,507.79
   Shareholders Equity 0 0 0
      Capital Stock 2.62 1.70 1.10
      Share Premium 90,897.47 64,472.25 52,729.94
      Retained Earnings -87,234.83 -63,980.18 -44,207.27
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income -30.61 -16.26 -15.97
   Minority Interest 0 0 0
Debt 0 0 0
Common Shares Outstanding 26,157.79 16,986.25 10,955.90
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Expenses 16,957.21 20,182.38 16,176.20
   Selling, General and Administrative Expenses 6,947.98 9,070.12 6,143.53
   Research and Development Expenses 10,009.23 11,112.26 8,933.31
   Other Operating Expenses 0.00 0.00 1,099.36
Operating Income -16,957.21 -20,182.38 -16,176.20
Net Non-Operating Income -6,342.79 382.38 376.20
Interest Income 318.42 41.35 8.84
Interest Expense 0.06 6.86 6.97
Net Interest 318.37 34.49 1.87
EBT -23,300.00 -19,800.00 -15,800.00
Income Tax 0.00 0.00 0.00
Net Income Including Non-Controlling Interests -23,254.66 -19,772.90 -15,769.28
Net Income Non-Controlling Interests 0.00 0.00 -450.58
Net Income -23,254.66 -19,772.90 -16,219.86
EBIT -23,299.94 -19,793.14 -15,793.03
Deprecation and Amortization 0.00 0.00 0.00
EPS -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00
Average Shares Outstanding Basic 22,197.52 13,261.57 9,276.76
Average Shares Outstanding Diluted 22,197.52 13,261.57 9,276.76
Breakdown 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow -15,704.46 -13,071.02 -11,655.73
   Operating Net Income -23,254.66 -19,772.90 -15,769.28
   Deprecation and Amortization 0 0 0
   Deferred Income Tax 0 0 0
   Share Based Compensation 1,912.74 3,089.30 2,319.43
   Change in Working Capital -902.68 2,197.58 1,901.39
   Other Operating Activities 6,540.14 1,415.00 -107.27
Investing Cash Flow 0 0 0
   Capital Expenditure 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities 0 0 0
Financing Cash Flow 18,176.61 9,270.90 12,036.79
   Net Issuance/Repayment of Debt 0 0 0
   Net Issuance/Repurchase of Equity 20,492.96 1.43 14,442.96
   Dividends Paid 0 0 0
   Other Financing Activities -2,316.35 9,269.47 -2,406.17
Net Change in Cash 2,450.60 -3,800.23 376.63
   Cash at Beginning of Period 7,150.69 10,950.93 10,574.29
   Cash at End of Period 9,601.30 7,150.69 10,950.93
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 11,782.02 11,045.85 11,864.65 10,155.28 9,242.84 12,019.61 8,716.04 7,566.85 7,001.07 10,268.76 9,074.05 12,022.04 14,782.67 9,759.65
   Current Assets 11,754.94 11,043.05 11,861.85 10,152.48 9,240.04 12,016.81 8,700.00 7,564.05 6,633.13 9,776.31 8,333.57 11,808.04 14,779.86 8,609.64
      Cash and Short-Term Investments 10,891.74 10,144.52 10,863.30 9,601.30 8,690.78 11,579.39 8,271.45 7,150.69 6,104.59 9,146.16 7,586.31 10,950.93 14,063.64 25,474.76
            Cash and Cash Equivalents 10,891.74 10,144.52 10,863.30 9,601.30 8,690.78 11,579.39 8,271.45 7,150.69 6,104.59 9,146.16 7,586.31 10,950.93 14,063.64 25,474.76
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 863.20 898.53 998.56 551.18 549.26 437.42 428.55 413.36 528.55 630.16 747.25 857.11 716.22 -16,865.12
   Non-Current Assets 27.09 2.80 2.80 2.80 2.80 2.80 16.04 2.80 367.94 492.45 740.49 214.00 2.80 1,150.02
      Property, Plant, Equipment Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Goodwill 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
      Long-Term Investments 0 0 0 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 0 0 0
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 11,740.35 7,169.17 6,922.13 6,520.64 7,624.25 8,857.71 14,480.96 7,089.34 4,253.36 3,394.43 3,990.84 3,514.25 2,456.29 3,097.57
   Current Liabilities 9,994.44 5,043.95 5,057.51 3,830.04 3,608.90 3,511.07 4,907.77 4,937.15 4,149.95 3,272.83 3,766.45 3,268.91 2,456.29 3,097.57
      Payables and Expenses 9,994.44 5,043.95 5,057.51 3,830.04 3,608.90 3,511.07 4,907.77 4,937.15 4,149.95 3,272.83 3,766.45 3,268.91 2,456.29 3,097.57
            Account Payables 3,175.64 1,723.16 1,841.37 1,512.44 1,152.06 1,263.79 1,872.50 1,638.55 1,226.10 1,549.19 1,127.41 1,165.51 1,019.09 1,041.63
            Current Accrued Liabilities 6,818.80 3,320.79 3,216.14 2,317.60 2,456.84 2,247.29 3,035.26 3,298.61 2,923.85 1,723.64 2,639.03 2,103.40 1,437.20 2,055.94
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 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
   Non-Current Liabilities 1,745.91 2,125.22 1,864.62 2,690.61 4,015.35 5,346.64 9,573.20 2,152.19 103.41 121.60 224.40 245.34 0.00 0.00
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 41.67 3,876.68 4,942.52 3,634.64 1,618.59 3,161.89 -5,764.93 477.51 2,747.71 6,874.33 5,083.21 8,507.79 12,326.37 6,662.09
   Shareholders Equity 41.67 3,876.68 0 0 0 0 0 0 0 0 0 0 0 0
      Capital Stock 3.45 3.18 2.96 2.62 2.40 2.37 2.06 1.70 1.38 1.36 1.10 1.10 1.09 0.84
      Share Premium 106,071.30 101,002.59 96,729.81 90,897.47 85,290.79 84,108.61 66,310.69 64,472.25 60,513.62 59,746.65 53,431.53 52,729.94 51,467.13 41,823.11
      Retained Earnings -106,002.24 -97,099.05 -91,752.09 -87,234.83 -83,662.90 -80,926.91 -72,047.63 -63,980.18 -57,723.51 -52,847.77 -48,324.15 -44,207.27 -39,090.20 -35,157.72
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -30.84 -30.03 -38.16 -30.61 -11.70 -22.18 -30.05 -16.26 -43.77 -25.91 -25.27 -15.97 -51.65 -4.14
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 34,451.15 31,818.48 29,587.31 26,157.79 23,966.81 23,737.83 20,581.47 16,986.25 13,761.12 13,648.42 10,996.40 10,955.90 10,945.90 8,416.03
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 2022-09-30 2022-06-30
Operating Expenses 19,952.41 10,591.49 5,425.43 -6,708.41 11,952.61 7,764.14 3,948.88 -6,655.30 13,804.54 8,848.90 4,184.25 10,881.83 0
   Selling, General and Administrative Expenses 7,286.73 4,283.09 2,227.90 -2,983.78 4,912.46 3,391.16 1,628.13 -3,381.38 6,409.65 4,053.59 1,988.26 4,341.88 2,688.81
   Research and Development Expenses 12,665.69 6,308.40 3,197.53 -3,724.63 7,040.15 4,372.98 2,320.74 -3,273.92 7,394.88 4,795.31 2,195.99 6,539.95 4,196.79
   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
Operating Income -19,952.41 -10,591.49 -5,425.43 6,708.41 -11,952.61 -7,764.14 -3,948.88 6,655.30 -13,804.54 -8,848.90 -4,184.25 -10,881.83 0
Net Non-Operating Income 0 0 0 -6,342.79 0 0 0 382.38 0 0 0 0 0
Interest Income 0 0 0 79.76 238.67 0 0 17.87 10.63 7.37 5.48 3.07 1.00
Interest Expense 0.00 0.00 0.00 -0.03 0.09 0.00 0.00 -12.01 6.86 6.86 5.15 1.82 0.10
Net Interest 0 161.88 82.18 -96.83 238.58 132.50 44.12 29.88 3.77 0.51 0.34 1.25 0.90
EBT 0 0 0 -23,300.00 0 0 0 -19,800.00 0 0 0 0 0
Income Tax 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 Including Non-Controlling Interests 0 0 -4,517.26 21,442.25 -19,682.72 -16,946.73 -8,067.45 6,500.71 -13,516.24 -8,640.50 -4,116.88 -10,652.21 -6,719.73
Net Income Non-Controlling Interests 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1,549.94 -450.58
Net Income -18,767.41 -9,864.22 -4,517.26 21,442.25 -19,682.72 -16,946.73 -8,067.45 6,500.71 -13,516.24 -8,640.50 -4,116.88 -12,202.15 -7,170.31
EBIT 0 0 0 -23,299.94 0 0 0 -19,793.14 0 0 0 0 0
Deprecation and Amortization 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
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 30,422.10 29,008.95 27,696.55 30,032.89 21,249.72 19,906.04 17,601.41 17,616.65 12,521.26 11,931.32 10,977.05 8,713.57 7,975.51
Average Shares Outstanding Diluted 30,422.10 29,008.95 27,696.55 30,032.89 21,249.72 19,906.04 17,601.41 17,616.65 12,521.26 11,931.32 10,977.05 8,713.57 7,975.51
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 -11,824.13 -8,337.61 -4,202.27 7,950.20 -11,796.29 -8,271.57 -3,586.80 5,289.48 -9,078.57 -5,921.28 -3,360.65 -9,146.39 -4,827.23
   Operating Net Income -18,767.41 -9,864.22 -4,517.26 21,442.25 -19,682.72 -16,946.73 -8,067.45 6,500.71 -13,516.24 -8,640.50 -4,116.88 -10,652.21 -6,719.73
   Deprecation and Amortization 0 0 0 0 0 0 0 0 0 0 0 0 0
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 1,820.86 1,173.96 371.47 -420.44 1,219.30 763.91 349.96 -332.04 1,727.37 1,156.45 537.52 1,830.54 1,298.10
   Change in Working Capital 6,499.12 1,560.23 1,683.01 1,665.67 -1,102.64 -1,431.74 -33.98 -513.19 1,551.76 762.02 397.00 959.26 1,329.52
   Other Operating Activities -1,376.69 -1,207.58 -1,739.49 -14,737.29 7,769.77 9,342.99 4,164.67 -366.00 1,158.54 800.75 -178.29 -1,283.98 -735.12
Investing Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0
   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 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow 13,104.17 8,869.41 5,461.22 -12,575.91 13,331.15 12,704.33 4,717.05 905.92 4,245.46 4,119.52 0 12,670.07 2,411.03
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 15,702.60 9,250.70 5,665.88 -11,049.48 13,992.19 13,301.56 4,248.69 0.00 1.43 0 0 14,424.66 2,906.66
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -2,598.43 -381.29 -204.67 -1,526.43 -661.04 -597.23 468.36 905.92 4,244.03 4,119.52 0 -1,754.59 -495.63
Net Change in Cash 1,290.44 543.22 1,262.00 -4,638.94 1,540.09 4,428.70 1,120.75 6,215.49 -4,846.34 -1,804.77 -3,364.61 3,489.35 -2,424.28
   Cash at Beginning of Period 9,601.30 9,601.30 9,601.30 14,240.23 7,150.69 7,150.69 7,150.69 935.20 10,950.93 10,950.93 10,950.93 10,574.29 10,574.29
   Cash at End of Period 10,891.74 10,144.52 10,863.30 9,601.30 8,690.78 11,579.39 8,271.45 7,150.69 6,104.59 9,146.16 7,586.31 14,063.64 8,150.01
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0