Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -1.04 -9.93 -7.12 -32.75
Price to Sales 1.26 7.20 5.12 17.14
Book Value Per Common Share 3.26 5.09 5.98 6.91
Price to Book 0.67 2.20 1.27 3.75
Price to Operating Cash Flow -2.48 -14.43 -11.47 -24.87
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 2021-03-31
Price to Earnings 20.37 8.39 3.64 -2.22 -7.36 -22.88 -7.40 -10.09 -22.05 -21.64 -36.77 -63.37 -47.82 -79.08 -220.45
Price to Sales 8.08 10.24 13.46 2.88 7.15 24.72 5.97 10.20 28.98 14.69 33.22 71.44 33.85 76.58 238.80
Book Value Per Common Share 3.77 4.13 4.46 3.26 3.78 4.52 4.77 5.09 5.25 5.40 5.63 5.98 6.21 6.38 6.60 6.91 4.41 4.60 4.88
Price to Book 2.32 1.73 1.00 0.67 0.92 1.14 1.58 2.20 1.27 1.27 1.53 1.27 2.65 3.23 2.88 3.75 7.38 8.43 9.93
Price to Operating Cash Flow -12.54 -12.21 -10.56 -4.19 -7.68 -26.39 -9.26 -11.88 -25.82 -32.70 -59.29 -1275.84 -44.94 -62.49 -137.39
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 18.72 7.21 11.01
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 2021-03-31
Earning YoY -49.41 -30.89
Revenue YoY 56.44 110.69 69.78 140.60 66.25 127.48 81.38 133.71 90.77 149.32
EBITDA YoY
Net Profit YoY -49.45 -30.52 191.93

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 2.04 4.52 5.98 8.01
Quick Ratio 3.27 6.86 10.32 16.21
Current Ratio 4.10 7.71 11.22 17.05
Debt to Equity 0.39 0.23 0.27 0.22
Long-Term Debt to Equity 0.17 0.09 0.17 0.15
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 2021-03-31
Cash Per Common Share 3.13 3.33 3.51 1.98 2.12 2.32 4.10 4.48 4.60 4.76 5.04 5.91 6.16 6.80 7.15 7.21 5.06 5.17 5.46
Quick Ratio 2.97 4.20 6.71 3.27 3.44 4.07 7.33 6.86 7.20 8.07 9.08 10.32 10.95 14.52 16.79 16.21 11.26 13.12 16.59
Current Ratio 3.49 4.98 7.62 4.10 4.24 5.09 8.37 7.71 8.06 8.97 10.07 11.22 11.74 15.46 17.78 17.05 12.06 14.06 17.62
Debt to Equity 0.40 0.29 0.23 0.39 0.36 0.34 0.21 0.23 0.23 0.21 0.21 0.27 0.27 0.23 0.21 0.22 0.35 0.31 0.29
Long-Term Debt to Equity 0.10 0.09 0.11 0.17 0.16 0.20 0.09 0.09 0.10 0.09 0.11 0.17 0.17 0.15 0.15 0.15 0.25 0.23 0.22

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -45.28 -17.93 -13.84 -8.50
ROE -63.01 -21.99 -17.61 -10.33
Gross Margin 50.07 50.41 55.54 55.05
Operating Margin -121.56 -72.49 -71.36 -51.37
EBITDA Margin -113.71 -67.74 -67.92 -49.18
Net Profit Margin -121.09 -72.47 -71.64 -52.53
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 2021-03-31
ROA 8.02 15.80 22.24 -29.59 -11.24 -5.75 -13.90 -10.38 -5.74 -9.54 -7.09 -3.75 -11.25 -8.12 -3.55
ROE 11.24 20.36 27.35 -40.26 -15.01 -6.96 -17.05 -12.54 -6.94 -12.10 -8.71 -4.55 -15.23 -10.67 -4.57
Gross Margin 49.64 48.02 47.05 50.85 51.67 50.08 50.30 47.16 46.21 57.09 55.45 49.71 53.48 52.73 52.46
Operating Margin -96.75 -91.38 -83.53 -129.80 -98.19 -109.97 -80.77 -99.39 -126.29 -67.32 -90.04 -113.11 -69.25 -94.82 -103.18
EBITDA Margin -88.11 -82.26 -72.57 -121.84 -90.57 -96.68 -75.25 -93.65 -119.61 -64.38 -87.06 -109.90 -66.84 -92.11 -100.70
Net Profit Margin 39.45 122.10 370.24 -129.28 -97.62 -109.27 -80.75 -101.38 -132.10 -67.52 -90.22 -113.35 -70.94 -97.82 -109.96

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 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 159,476.00 202,981.00 242,587.00 260,906.00
   Current Assets 103,055.00 173,790.00 215,626.00 252,893.00
      Cash and Short-Term Investments 69,600.00 145,682.00 188,422.00 224,073.00
            Cash and Cash Equivalents 44,032.00 121,041.00 188,422.00 224,073.00
            Short-Term Investments 25,568.00 24,641.00 0 0
      Net Receivables 12,627.00 8,989.00 10,033.00 16,375.00
      Inventory 16,173.00 14,938.00 12,513.00 7,918.00
      Other Current Assets 4,655.00 4,181.00 4,658.00 4,527.00
   Non-Current Assets 56,421.00 29,191.00 26,961.00 8,013.00
      Property, Plant, Equipment Net 12,431.00 9,575.00 7,039.00 6,785.00
      Goodwill 0 10,367.00 10,050.00 0
      Intangible Assets 45,261.00 7,860.00 8,488.00 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 2,234.00 2,527.00 3,268.00 2,160.00
      Other Non-Current Assets -3,505.00 -1,138.00 -1,884.00 -932.00
Liabilities 44,884.00 37,490.00 51,988.00 46,302.00
   Current Liabilities 25,149.00 22,549.00 19,226.00 14,836.00
      Payables and Expenses 11,159.00 9,904.00 10,244.00 8,332.00
            Account Payables 2,063.00 1,191.00 1,397.00 1,371.00
            Current Accrued Liabilities 9,096.00 8,713.00 8,847.00 6,961.00
      Short-Term Debt 1,865.00 2,016.00 1,468.00 1,344.00
      Other Current Liabilities 12,125.00 10,629.00 7,514.00 5,160.00
   Non-Current Liabilities 19,735.00 14,941.00 32,762.00 31,466.00
      Long-Term Debt 4,742.00 3,929.00 18,040.00 19,508.00
      Other Non-Current Liabilities 14,993.00 11,012.00 14,722.00 11,958.00
Equity 114,592.00 165,491.00 190,599.00 214,604.00
   Shareholders Equity 114,592.00 165,491.00 190,599.00 214,604.00
      Capital Stock 35.00 33.00 32.00 31.00
      Share Premium 356,216.00 334,692.00 323,969.00 315,210.00
      Retained Earnings -242,805.00 -170,599.00 -134,200.00 -100,637.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 1,146.00 1,365.00 798.00 0
   Minority Interest 0 0 0 0
Investments 25,568.00 24,641.00 0 0
Debt 6,607.00 5,945.00 19,508.00 20,852.00
Common Shares Outstanding 35,098.49 32,519.02 31,859.85 31,077.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 59,631.00 50,229.00 46,852.00 42,206.00
Cost Of Revenue 29,775.00 24,907.00 20,829.00 18,973.00
Gross Profit 29,856.00 25,322.00 26,023.00 23,233.00
Operating Expenses 106,574.00 68,080.00 61,405.00 45,302.00
   Selling, General and Administrative Expenses 53,636.00 46,176.00 43,879.00 32,235.00
   Research and Development Expenses 25,495.00 21,904.00 17,526.00 13,067.00
   Other Operating Expenses 27,443.00 0.00 0.00 0.00
Operating Income -76,718.00 -42,758.00 -35,382.00 -22,069.00
Net Non-Operating Income 4,230.00 6,148.00 1,819.00 -100.00
Interest Expense 0.00 201.00 129.00 486.00
EBT -72,488.00 -36,610.00 -33,563.00 -22,169.00
Income Tax 282.00 211.00 0.00 0.00
Net Income -72,206.00 -36,399.00 -33,563.00 -22,169.00
EBIT -72,488.00 -36,409.00 -33,434.00 -21,683.00
Deprecation and Amortization 4,682.00 2,384.00 1,614.00 925.00
EBITDA -67,806.00 -34,025.00 -31,820.00 -20,758.00
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 34,076.32 32,239.39 31,492.53 27,957.90
Average Shares Outstanding Diluted 34,076.32 32,239.39 31,492.53 27,957.90
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -30,247.00 -25,059.00 -20,930.00 -29,082.00
   Operating Net Income -72,206.00 -36,399.00 -33,563.00 -22,169.00
   Deprecation and Amortization 4,682.00 2,384.00 1,614.00 925.00
   Deferred Income Tax -283.00 -305.00 -129.00 0
   Share Based Compensation 11,763.00 9,787.00 7,207.00 2,504.00
   Change in Working Capital 4,365.00 4,499.00 -281.00 27,147.00
   Other Operating Activities 21,432.00 -5,025.00 4,222.00 -37,489.00
Investing Cash Flow -46,321.00 -26,400.00 -15,807.00 -737.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 602.00 2,045.00 2,045.00 737.00
   Net Purchase/Sale of Investments Net 164,664.00 146,793.00 0 0
   Net Purchase/Sale of Business 44,783.00 0 13,762.00 0
   Other Investing Activities -256,370.00 -175,238.00 -31,614.00 -1,474.00
Financing Cash Flow -376.00 -15,935.00 1,179.00 94,725.00
   Net Issuance/Repayment of Debt 0 15,000.00 60,000.00 45,000.00
   Net Issuance/Repurchase of Equity 1,146.00 936.00 1,553.00 95,604.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -1,522.00 -31,871.00 -60,374.00 -45,879.00
Net Change in Cash -77,009.00 -67,381.00 -35,540.00 64,906.00
   Cash at Beginning of Period 121,212.00 188,593.00 224,133.00 159,227.00
   Cash at End of Period 44,203.00 121,212.00 188,593.00 224,133.00
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 2021-03-31
Assets 190,873.00 191,701.00 196,027.00 159,476.00 178,283.00 208,774.00 189,791.00 202,981.00 208,475.00 210,830.00 218,407.00 242,587.00 249,281.00 246,995.00 251,226.00 260,906.00 166,303.00 166,484.00 171,750.00
   Current Assets 144,936.00 147,865.00 149,004.00 103,055.00 108,927.00 110,444.00 161,868.00 173,790.00 179,827.00 181,077.00 187,945.00 215,626.00 223,882.00 238,678.00 242,983.00 252,893.00 157,485.00 157,186.00 162,959.00
      Cash and Short-Term Investments 112,052.00 118,584.00 124,315.00 69,600.00 71,686.00 77,383.00 134,195.00 145,682.00 147,897.00 152,687.00 161,214.00 188,422.00 193,698.00 212,994.00 223,120.00 224,073.00 138,815.00 141,314.00 149,019.00
            Cash and Cash Equivalents 62,802.00 61,751.00 79,164.00 44,032.00 45,025.00 46,811.00 104,599.00 121,041.00 118,213.00 132,996.00 161,214.00 188,422.00 193,698.00 212,994.00 223,120.00 224,073.00 138,815.00 141,314.00 149,019.00
            Short-Term Investments 49,250.00 56,833.00 45,151.00 25,568.00 26,661.00 30,572.00 29,596.00 24,641.00 29,684.00 19,691.00 0 0 0 0 0 0 0 0 0
      Net Receivables 11,000.00 6,207.00 6,930.00 12,627.00 16,659.00 10,987.00 7,486.00 8,989.00 12,885.00 10,308.00 8,173.00 10,033.00 15,231.00 11,098.00 6,323.00 16,375.00 8,286.00 5,324.00 4,367.00
      Inventory 15,326.00 15,461.00 12,738.00 16,173.00 17,833.00 18,589.00 16,356.00 14,938.00 15,926.00 14,135.00 13,370.00 12,513.00 11,731.00 11,178.00 9,632.00 7,918.00 8,272.00 7,953.00 6,822.00
      Other Current Assets 6,558.00 7,613.00 5,021.00 4,655.00 2,749.00 3,485.00 3,831.00 4,181.00 3,119.00 3,947.00 5,188.00 4,658.00 3,222.00 3,408.00 3,908.00 4,527.00 2,112.00 2,595.00 2,751.00
   Non-Current Assets 45,937.00 43,836.00 47,023.00 56,421.00 69,356.00 98,330.00 27,923.00 29,191.00 28,648.00 29,753.00 30,462.00 26,961.00 25,399.00 8,317.00 8,243.00 8,013.00 8,818.00 9,298.00 8,791.00
      Property, Plant, Equipment Net 8,299.00 5,946.00 5,083.00 12,431.00 13,250.00 10,060.00 8,969.00 9,575.00 9,531.00 10,076.00 10,624.00 7,039.00 7,032.00 7,002.00 7,063.00 6,785.00 7,062.00 7,362.00 6,993.00
      Goodwill 0 0 0 0 10,137.00 40,220.00 10,139.00 10,367.00 9,928.00 10,185.00 10,221.00 10,050.00 18,766.00 0 0 0 0 0 0
      Intangible Assets 37,144.00 37,254.00 37,967.00 45,261.00 46,683.00 47,298.00 7,468.00 7,860.00 7,742.00 8,162.00 8,412.00 8,488.00 7,969.00 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 2,234.00 0 0 0 2,527.00 0 0 0 3,268.00 0 0 0 2,160.00 0 0 0
      Other Non-Current Assets 494.00 636.00 3,973.00 -3,505.00 -714.00 752.00 1,347.00 -1,138.00 1,447.00 1,330.00 1,205.00 -1,884.00 -8,368.00 1,315.00 1,180.00 -932.00 1,756.00 1,936.00 1,798.00
Liabilities 54,574.00 42,884.00 36,603.00 44,884.00 47,244.00 52,415.00 32,898.00 37,490.00 38,546.00 36,371.00 37,795.00 51,988.00 52,781.00 45,880.00 44,424.00 46,302.00 43,527.00 39,817.00 38,438.00
   Current Liabilities 41,477.00 29,708.00 19,561.00 25,149.00 25,718.00 21,717.00 19,330.00 22,549.00 22,322.00 20,194.00 18,656.00 19,226.00 19,078.00 15,434.00 13,664.00 14,836.00 13,062.00 11,178.00 9,247.00
      Payables and Expenses 8,878.00 8,872.00 8,809.00 11,159.00 9,562.00 7,610.00 6,771.00 9,904.00 9,848.00 7,520.00 8,963.00 10,244.00 10,227.00 7,191.00 6,512.00 8,332.00 6,913.00 5,948.00 4,701.00
            Account Payables 1,811.00 3,585.00 3,846.00 2,063.00 1,895.00 1,974.00 1,472.00 1,191.00 2,581.00 1,486.00 1,735.00 1,397.00 1,663.00 1,234.00 2,162.00 1,371.00 1,985.00 1,004.00 1,690.00
            Current Accrued Liabilities 7,067.00 5,287.00 4,963.00 9,096.00 7,667.00 5,636.00 5,299.00 8,713.00 7,267.00 6,034.00 7,228.00 8,847.00 8,564.00 5,957.00 4,350.00 6,961.00 4,928.00 4,944.00 3,011.00
      Short-Term Debt 481.00 433.00 1,053.00 1,865.00 2,297.00 2,153.00 2,076.00 2,016.00 1,953.00 1,860.00 1,695.00 1,468.00 1,432.00 1,402.00 1,373.00 1,344.00 1,306.00 1,265.00 1,225.00
      Other Current Liabilities 32,118.00 20,403.00 9,699.00 12,125.00 13,859.00 11,954.00 10,483.00 10,629.00 10,521.00 10,814.00 7,998.00 7,514.00 7,419.00 6,841.00 5,779.00 5,160.00 4,843.00 3,965.00 3,321.00
   Non-Current Liabilities 13,097.00 13,176.00 17,042.00 19,735.00 21,526.00 30,698.00 13,568.00 14,941.00 16,224.00 16,177.00 19,139.00 32,762.00 33,703.00 30,446.00 30,760.00 31,466.00 30,465.00 28,639.00 29,191.00
      Long-Term Debt 3,873.00 3,998.00 2,714.00 4,742.00 4,882.00 3,439.00 3,380.00 3,929.00 4,447.00 4,962.00 5,459.00 18,040.00 18,429.00 18,797.00 19,156.00 19,508.00 19,861.00 20,199.00 20,525.00
      Other Non-Current Liabilities 9,224.00 9,178.00 14,328.00 14,993.00 16,644.00 27,259.00 10,188.00 11,012.00 11,777.00 11,215.00 13,680.00 14,722.00 15,274.00 11,649.00 11,604.00 11,958.00 10,604.00 8,440.00 8,666.00
Equity 136,299.00 148,817.00 159,424.00 114,592.00 131,039.00 156,359.00 156,893.00 165,491.00 169,929.00 174,459.00 180,612.00 190,599.00 196,500.00 201,115.00 206,802.00 214,604.00 122,776.00 126,667.00 133,312.00
   Shareholders Equity 136,299.00 148,817.00 159,424.00 114,592.00 131,039.00 156,359.00 156,893.00 165,491.00 169,929.00 174,459.00 180,612.00 190,599.00 196,500.00 201,115.00 206,802.00 214,604.00 122,776.00 126,667.00 133,312.00
      Capital Stock 36.00 36.00 36.00 35.00 35.00 35.00 33.00 33.00 32.00 32.00 32.00 32.00 32.00 32.00 31.00 31.00 28.00 28.00 27.00
      Share Premium 363,710.00 361,305.00 358,592.00 356,216.00 352,795.00 349,530.00 337,396.00 334,692.00 332,080.00 329,361.00 326,223.00 323,969.00 321,491.00 319,234.00 316,823.00 315,210.00 219,920.00 218,626.00 217,848.00
      Retained Earnings -227,490.00 -212,508.00 -199,202.00 -242,805.00 -223,359.00 -194,064.00 -181,516.00 -170,599.00 -163,171.00 -156,078.00 -146,732.00 -134,200.00 -124,410.00 -118,151.00 -110,052.00 -100,637.00 -97,172.00 -91,987.00 -84,563.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 43.00 -16.00 -2.00 1,146.00 1,568.00 858.00 980.00 1,365.00 988.00 1,144.00 1,089.00 798.00 -613.00 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 49,250.00 56,833.00 45,151.00 25,568.00 26,661.00 30,572.00 29,596.00 24,641.00 29,684.00 19,691.00 0 0 0 0 0 0 0 0 0
Debt 4,354.00 4,431.00 3,767.00 6,607.00 7,179.00 5,592.00 5,456.00 5,945.00 6,400.00 6,822.00 7,154.00 19,508.00 19,861.00 20,199.00 20,529.00 20,852.00 21,167.00 21,464.00 21,750.00
Common Shares Outstanding 36,118.58 36,057.58 35,739.56 35,098.49 34,712.49 34,630.88 32,924.10 32,519.02 32,371.43 32,326.86 32,061.52 31,859.85 31,652.06 31,531.12 31,333.78 31,077.00 27,865.07 27,548.10 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 2021-03-31
Revenues 38,817.00 24,813.00 11,777.00 -15,209.00 40,811.00 24,038.00 9,991.00 -16,717.00 35,878.00 21,581.00 9,487.00 -16,075.00 35,209.00 19,412.00 8,306.00 -3,522.00 26,365.00 13,820.00 5,543.00
Cost Of Revenue 19,548.00 12,898.00 6,236.00 -6,888.00 20,058.00 11,617.00 4,988.00 -9,430.00 17,831.00 11,403.00 5,103.00 -7,105.00 15,108.00 8,649.00 4,177.00 -2,461.00 12,266.00 6,533.00 2,635.00
Gross Profit 19,269.00 11,915.00 5,541.00 -8,321.00 20,753.00 12,421.00 5,003.00 -7,287.00 18,047.00 10,178.00 4,384.00 -8,970.00 20,101.00 10,763.00 4,129.00 -1,061.00 14,099.00 7,287.00 2,908.00
Operating Expenses 61,782.00 38,101.00 16,567.00 -27,004.00 77,218.00 38,669.00 17,691.00 -34,547.00 51,092.00 34,134.00 17,401.00 -26,043.00 45,145.00 28,653.00 13,650.00 -16,608.00 32,640.00 20,552.00 8,718.00
   Selling, General and Administrative Expenses 29,712.00 20,576.00 10,239.00 -24,640.00 39,877.00 26,498.00 11,901.00 -23,670.00 34,632.00 23,211.00 12,003.00 -18,602.00 32,281.00 20,455.00 9,745.00 -11,368.00 23,318.00 14,532.00 5,753.00
   Research and Development Expenses 12,071.00 8,234.00 3,829.00 -11,425.00 18,959.00 12,171.00 5,790.00 -10,877.00 16,460.00 10,923.00 5,398.00 -7,441.00 12,864.00 8,198.00 3,905.00 -5,240.00 9,322.00 6,020.00 2,965.00
   Other Operating Expenses 19,999.00 9,291.00 2,499.00 9,061.00 18,382.00 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
Operating Income -42,513.00 -26,186.00 -11,026.00 18,683.00 -56,465.00 -26,248.00 -12,688.00 27,260.00 -33,045.00 -23,956.00 -13,017.00 17,073.00 -25,044.00 -17,890.00 -9,521.00 15,547.00 -18,541.00 -13,265.00 -5,810.00
Net Non-Operating Income 4,958.00 3,512.00 1,189.00 -3,609.00 3,494.00 2,644.00 1,701.00 -158.00 3,866.00 1,955.00 485.00 65.00 1,272.00 376.00 106.00 602.00 -163.00 -254.00 -285.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1,102.00 201.00 551.00 551.00 6.00 68.00 35.00 20.00 -751.00 446.00 415.00 376.00
EBT -37,555.00 -22,674.00 -9,837.00 15,074.00 -52,971.00 -23,604.00 -10,987.00 27,102.00 -29,179.00 -22,001.00 -12,532.00 17,138.00 -23,772.00 -17,514.00 -9,415.00 16,149.00 -18,704.00 -13,519.00 -6,095.00
Income Tax 100.00 71.00 0.00 -138.00 211.00 139.00 70.00 -120.00 209.00 122.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income 15,315.00 30,297.00 43,603.00 14,936.00 -52,760.00 -23,465.00 -10,917.00 26,982.00 -28,970.00 -21,879.00 -12,532.00 17,138.00 -23,772.00 -17,514.00 -9,415.00 16,149.00 -18,704.00 -13,519.00 -6,095.00
EBIT -37,555.00 -22,674.00 -9,837.00 15,074.00 -52,971.00 -23,604.00 -10,987.00 26,000.00 -28,978.00 -21,450.00 -11,981.00 17,144.00 -23,704.00 -17,479.00 -9,395.00 15,398.00 -18,258.00 -13,104.00 -5,719.00
Deprecation and Amortization 3,354.00 2,263.00 1,291.00 -1,723.00 3,245.00 1,832.00 1,328.00 -1,468.00 1,979.00 1,239.00 634.00 -268.00 1,037.00 578.00 267.00 -223.00 636.00 375.00 137.00
EBITDA -34,201.00 -20,411.00 -8,546.00 13,351.00 -49,726.00 -21,772.00 -9,659.00 24,532.00 -26,999.00 -20,211.00 -11,347.00 16,876.00 -22,667.00 -16,901.00 -9,128.00 15,175.00 -17,622.00 -12,729.00 -5,582.00
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 -0.00 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 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 35,791.11 35,633.57 35,386.48 36,390.36 33,817.61 33,386.41 32,710.89 32,736.97 32,171.69 32,083.12 31,965.80 32,005.39 31,441.61 31,312.56 31,210.57 29,781.98 27,446.15 27,313.12 27,290.36
Average Shares Outstanding Diluted 35,791.11 35,633.57 35,386.48 36,390.36 33,817.61 33,386.41 32,710.89 32,736.97 32,171.69 32,083.12 31,965.80 32,005.39 31,441.61 31,312.56 31,210.57 84,495.98 0 27,335.64 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 2021-03-31
Operating Cash Flow -25,007.00 -20,803.00 -15,019.00 29,511.00 -28,004.00 -22,397.00 -9,357.00 27,246.00 -23,129.00 -18,529.00 -10,647.00 6,226.00 -15,814.00 -10,876.00 -466.00 17,351.00 -19,862.00 -16,938.00 -9,633.00
   Operating Net Income 15,315.00 30,297.00 43,603.00 14,936.00 -52,760.00 -23,465.00 -10,917.00 26,982.00 -28,970.00 -21,879.00 -12,532.00 17,138.00 -23,772.00 -17,514.00 -9,415.00 16,149.00 -18,704.00 -13,519.00 -6,095.00
   Deprecation and Amortization 3,354.00 2,263.00 1,291.00 -1,723.00 3,245.00 1,832.00 1,328.00 -1,468.00 1,979.00 1,239.00 634.00 -268.00 1,037.00 578.00 267.00 -223.00 636.00 375.00 137.00
   Deferred Income Tax 0 0 0 135.00 -210.00 -138.00 -70.00 106.00 -239.00 -122.00 -50.00 -129.00 0 0 0 0 0 0 0
   Share Based Compensation 7,080.00 4,701.00 2,365.00 -5,557.00 8,938.00 5,739.00 2,643.00 -4,571.00 7,448.00 4,744.00 2,166.00 -2,468.00 5,203.00 3,183.00 1,289.00 -286.00 1,631.00 820.00 339.00
   Change in Working Capital -2,032.00 -6,599.00 -6,006.00 -874.00 9,073.00 -571.00 -3,263.00 -2,960.00 7,484.00 624.00 -649.00 11,345.00 1,697.00 -2,881.00 -10,442.00 1,382.00 14,467.00 8,533.00 2,765.00
   Other Operating Activities -48,724.00 -51,465.00 -56,272.00 22,594.00 3,710.00 -5,794.00 922.00 9,157.00 -10,831.00 -3,135.00 -216.00 -19,392.00 21.00 5,758.00 17,835.00 329.00 -17,892.00 -13,147.00 -6,779.00
Investing Cash Flow 43,937.00 38,726.00 50,313.00 57,451.00 -47,101.00 -50,891.00 -5,780.00 26,942.00 -31,036.00 -21,121.00 -1,185.00 694.00 -15,195.00 -689.00 -617.00 580.00 -683.00 -625.00 -9.00
   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 0.00 0.00
   Net Purchase/Sale of PPE 961.00 281.00 159.00 -969.00 412.00 256.00 903.00 -2,357.00 1,712.00 1,505.00 1,185.00 -694.00 1,433.00 689.00 617.00 -580.00 683.00 625.00 9.00
   Net Purchase/Sale of Investments Net 171,141.00 156,024.00 58,395.00 -152,909.00 159,752.00 109,164.00 48,657.00 87,985.00 39,192.00 19,616.00 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 71,909.00 69,917.00 69,917.00 -44,783.00 44,783.00 44,783.00 0 0 0 0 0 0.00 13,762.00 0 0 0 0 0 0
   Other Investing Activities -200,074.00 -187,496.00 -78,158.00 256,112.00 -252,048.00 -205,094.00 -55,340.00 -58,686.00 -71,940.00 -42,242.00 -2,370.00 1,388.00 -30,390.00 -1,378.00 -1,234.00 1,160.00 -1,366.00 -1,250.00 -18.00
Financing Cash Flow -283.00 -267.00 -189.00 2,752.00 -905.00 -928.00 -1,295.00 31,258.00 -16,030.00 -15,782.00 -15,381.00 -316.00 768.00 597.00 130.00 95,388.00 193.00 -290.00 -566.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0.00 0 0 15,000.00 -30,000.00 45,000.00 30,000.00 15,000.00 0.00 15,000.00 15,000.00 15,000.00
   Net Issuance/Repurchase of Equity 415.00 388.00 12.00 49.00 551.00 485.00 61.00 -463.00 663.00 648.00 88.00 -692.00 1,079.00 842.00 324.00 94,444.00 808.00 325.00 27.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -698.00 -655.00 -201.00 2,703.00 -1,456.00 -1,413.00 -1,356.00 31,721.00 -16,693.00 -16,430.00 -30,469.00 30,376.00 -45,311.00 -30,245.00 -15,194.00 944.00 -15,615.00 -15,615.00 -15,593.00
Net Change in Cash 18,674.00 17,683.00 35,132.00 89,679.00 -76,016.00 -74,230.00 -16,442.00 85,462.00 -70,209.00 -55,426.00 -27,208.00 6,645.00 -30,264.00 -10,968.00 -953.00 113,319.00 -20,352.00 -17,853.00 -10,208.00
   Cash at Beginning of Period 44,203.00 44,203.00 44,203.00 -45,476.00 121,212.00 121,212.00 121,212.00 35,750.00 188,593.00 188,593.00 188,593.00 181,948.00 224,133.00 224,133.00 224,133.00 110,814.00 159,227.00 159,227.00 159,227.00
   Cash at End of Period 62,877.00 61,886.00 79,335.00 44,203.00 45,196.00 46,982.00 104,770.00 121,212.00 118,384.00 133,167.00 161,385.00 188,593.00 193,869.00 213,165.00 223,180.00 224,133.00 138,875.00 141,374.00 149,019.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0