MAXN
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -0.08 | -1.21 | -2.46 | -2.05 |
| Price to Sales | 0.09 | 0.30 | 0.62 | 0.66 |
| Book Value Per Common Share | -17.58 | -2.06 | 94.24 | 789.79 |
| Price to Book | -0.43 | -348.85 | 17.04 | 1.76 |
| Price to Operating Cash Flow | -0.18 | -1.31 | 191.21 | -107.00 |
| Price to Free Cash Flow | -0.15 | -1.03 | -10.95 | -3.26 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Price to Earnings | -1.14 | -0.21 | 3.71 | |
| Price to Sales | 2.48 | 0.91 | 0.24 | |
| Book Value Per Common Share | -19.34 | -17.58 | -13.87 | -48.34 |
| Price to Book | -0.16 | -0.43 | -0.70 | -1.76 |
| Price to Operating Cash Flow | -17.17 | -0.69 | -0.59 | |
| Price to Free Cash Flow | -10.86 | -0.63 | -0.47 | |
| Enterprise Value to EBITDA | 13402.22 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -54.68 | 5.94 | 35.34 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -44.88 | -51.93 | ||
| EBITDA YoY | ||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 4.52 | 409.85 | 741.55 | 444.62 |
| Quick Ratio | 0.12 | 0.65 | 0.73 | 0.59 |
| Current Ratio | 0.79 | 1.43 | 1.37 | 1.27 |
| Debt to Equity | -2.30 | 214.86 | 25.22 | 1.98 |
| Long-Term Debt to Equity | -1.13 | 121.81 | 13.23 | 0.79 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Cash Per Common Share | 1.02 | 1.80 | 6.15 | 158.95 |
| Quick Ratio | 0.15 | 0.12 | 0.29 | 0.40 |
| Current Ratio | 0.84 | 0.79 | 1.11 | 1.36 |
| Debt to Equity | -1.58 | -2.30 | -3.15 | -36.04 |
| Long-Term Debt to Equity | -1.04 | -1.13 | -1.99 | -22.94 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -163.26 | -27.53 | -21.22 | -24.09 |
| ROE | 213.03 | -5942.03 | -556.32 | -71.72 |
| Gross Margin | -49.00 | 6.96 | -4.52 | -3.70 |
| Operating Margin | -108.29 | -20.58 | -18.45 | -26.93 |
| EBITDA Margin | -99.75 | -15.60 | -13.09 | -21.54 |
| Net Profit Margin | -120.68 | -24.56 | -25.23 | -32.49 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| ROA | -28.17 | -89.26 | 1.53 | |
| ROE | 36.75 | 191.48 | -53.48 | |
| Gross Margin | -97.63 | -202.24 | -4.23 | |
| Operating Margin | -209.28 | -409.48 | 13.53 | |
| EBITDA Margin | -196.37 | -391.36 | 19.26 | |
| Net Profit Margin | -217.11 | -444.83 | 6.33 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 376,272.00 | 1,002,009.00 | 1,260,418.00 | 1,056,543.00 |
| Current Assets | 266,016.00 | 619,019.00 | 791,049.00 | 533,120.00 |
| Cash and Short-Term Investments | 28,895.00 | 190,169.00 | 303,442.00 | 166,542.00 |
| Cash and Cash Equivalents | 28,895.00 | 190,169.00 | 227,442.00 | 166,542.00 |
| Short-Term Investments | 0 | 0 | 76,000.00 | 0 |
| Net Receivables | 12,563.00 | 92,211.00 | 114,460.00 | 80,273.00 |
| Inventory | 40,220.00 | 308,948.00 | 303,230.00 | 212,820.00 |
| Other Current Assets | 184,338.00 | 27,691.00 | 69,917.00 | 73,485.00 |
| Non-Current Assets | 110,256.00 | 382,990.00 | 469,369.00 | 523,423.00 |
| Property, Plant, Equipment Net | 100,809.00 | 302,849.00 | 398,312.00 | 402,027.00 |
| Goodwill | 0 | 7,879.00 | 0 | 0 |
| Intangible Assets | 523.00 | 8,080.00 | 5,221.00 | 420.00 |
| Long-Term Investments | 4,000.00 | 4,000.00 | 7,061.00 | 15,230.00 |
| Non-Current Deferred Assets | 0 | 0 | 10,348.00 | 5,183.00 |
| Other Non-Current Assets | 0 | 60,182.00 | 48,427.00 | 0 |
| Liabilities | 664,637.00 | 997,367.00 | 1,212,348.00 | 701,668.00 |
| Current Liabilities | 338,508.00 | 431,936.00 | 576,232.00 | 421,036.00 |
| Payables and Expenses | 131,816.00 | 190,961.00 | 335,756.00 | 313,485.00 |
| Account Payables | 62,544.00 | 153,020.00 | 247,870.00 | 270,475.00 |
| Current Accrued Liabilities | 67,669.00 | 25,569.00 | 56,952.00 | 24,593.00 |
| Short-Term Debt | 9,560.00 | 31,289.00 | 53,938.00 | 27,822.00 |
| Other Current Liabilities | 197,132.00 | 209,686.00 | 186,538.00 | 79,729.00 |
| Non-Current Liabilities | 326,129.00 | 565,431.00 | 636,116.00 | 280,632.00 |
| Long-Term Debt | 301,932.00 | 406,372.00 | 395,862.00 | 159,449.00 |
| Other Non-Current Liabilities | 24,197.00 | 159,059.00 | 240,254.00 | 121,183.00 |
| Equity | -288,365.00 | 4,642.00 | 48,070.00 | 354,875.00 |
| Shareholders Equity | -293,842.00 | -1,109.00 | 42,437.00 | 349,456.00 |
| Capital Stock | 0 | 0 | 0 | 0 |
| Share Premium | 1,137,042.00 | 811,361.00 | 584,808.00 | 624,261.00 |
| Retained Earnings | -1,410,392.00 | -796,092.00 | -520,263.00 | -262,961.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -20,492.00 | -16,378.00 | -22,108.00 | -11,844.00 |
| Minority Interest | 5,477.00 | 5,751.00 | 5,633.00 | 5,419.00 |
| Debt | 311,492.00 | 437,661.00 | 449,800.00 | 187,271.00 |
| Net Debt | 246,065.00 | 222,024.00 | 203,343.00 | 4,798.00 |
| Common Shares Outstanding | 16,711.11 | 539.59 | 450.33 | 442.47 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 509,048.00 | 1,123,110.00 | 1,060,113.00 | 783,279.00 |
| Cost Of Revenue | 758,461.00 | 1,044,995.00 | 1,108,061.00 | 812,293.00 |
| Interest Income | 2,087.00 | 9,387.00 | 2,531.00 | 290.00 |
| Interest Expense | 45,366.00 | 42,438.00 | 30,343.00 | 28,138.00 |
| Non-Interest Expense | 158,323.00 | 123,967.00 | 100,546.00 | 88,822.00 |
| Gross Profit | -249,413.00 | 78,115.00 | -47,948.00 | -29,014.00 |
| Operating Expenses | 211,073.00 | 171,870.00 | 150,228.00 | 135,349.00 |
| Selling, General and Administrative Expenses | 158,323.00 | 123,967.00 | 100,546.00 | 88,822.00 |
| Research and Development Expenses | 37,550.00 | 45,703.00 | 49,682.00 | 46,527.00 |
| Operating Income | -460,486.00 | -93,755.00 | -198,176.00 | -164,363.00 |
| Net Non-Operating Income | -11,447.00 | -21,270.00 | 2,223.00 | -33,693.00 |
| EBT | -596,622.00 | -273,526.00 | -225,883.00 | -239,063.00 |
| Income Tax | 17,952.00 | -626.00 | 32,191.00 | 203.00 |
| Net Income Including Non-Controlling Interests | -614,574.00 | -275,711.00 | -267,146.00 | -255,746.00 |
| Net Income Non-Controlling Interests | 274.00 | -118.00 | -278.00 | 1,226.00 |
| Net Income | -614,300.00 | -275,829.00 | -267,424.00 | -254,520.00 |
| EBIT | -551,256.00 | -231,088.00 | -195,540.00 | -210,925.00 |
| Deprecation and Amortization | 43,464.00 | 55,880.00 | 56,742.00 | 42,210.00 |
| EBITDA | -507,792.00 | -175,208.00 | -138,798.00 | -168,715.00 |
| EPS | -0.10 | -0.59 | -0.65 | -0.68 |
| Diluted EPS | -0.10 | -0.59 | -0.65 | -0.68 |
| Average Shares Outstanding Basic | 6,399.00 | 464.00 | 409.20 | 374.57 |
| Average Shares Outstanding Diluted | 6,399.00 | 464.00 | 409.20 | 374.57 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -270,156.00 | -254,295.00 | 3,437.00 | -4,866.00 |
| Operating Net Income | -614,574.00 | -275,711.00 | -267,146.00 | -255,746.00 |
| Deprecation and Amortization | 43,464.00 | 55,880.00 | 56,742.00 | 42,210.00 |
| Deferred Income Tax | -355.00 | 2,436.00 | 8,598.00 | 5,587.00 |
| Share Based Compensation | 28,700.00 | 18,327.00 | 14,580.00 | 7,231.00 |
| Change in Working Capital | -70,290.00 | -171,633.00 | 158,838.00 | 129,085.00 |
| Other Operating Activities | 342,899.00 | 116,406.00 | 31,825.00 | 66,767.00 |
| Investing Cash Flow | -25,243.00 | 13,926.00 | -139,301.00 | -154,448.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -51,024.00 | -67,452.00 | -63,148.00 | -154,611.00 |
| Net Purchase/Sale of Investments Net | 1,329.00 | 76,000.00 | -76,000.00 | 0 |
| Net Purchase/Sale of Business | 24,000.00 | 0 | 0 | 0 |
| Other Investing Activities | 452.00 | 5,378.00 | -153.00 | 163.00 |
| Financing Cash Flow | 141,233.00 | 167,951.00 | 211,474.00 | 141,808.00 |
| Net Issuance/Repayment of Debt | 44,787.00 | -25,540.00 | 211,795.00 | -23,631.00 |
| Net Issuance/Repurchase of Equity | 96,446.00 | 193,491.00 | 0 | 169,684.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | -321.00 | -4,245.00 |
| Net Change in Cash | -154,166.00 | -72,418.00 | 75,610.00 | -17,506.00 |
| Cash at Beginning of Period | 195,511.00 | 267,961.00 | 192,232.00 | 209,572.00 |
| Cash at End of Period | 31,008.00 | 195,511.00 | 267,961.00 | 192,232.00 |
| Free Cash Flow | -322,315.00 | -321,893.00 | -60,043.00 | -159,538.00 |
| Breakdown | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Assets | 186,310.00 | 376,272.00 | 441,362.00 | 764,156.00 |
| Current Assets | 145,058.00 | 266,016.00 | 262,115.00 | 389,095.00 |
| Cash and Short-Term Investments | 17,225.00 | 28,895.00 | 51,223.00 | 81,381.00 |
| Cash and Cash Equivalents | 17,225.00 | 28,895.00 | 51,223.00 | 81,381.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 8,772.00 | 12,563.00 | 18,625.00 | 32,035.00 |
| Inventory | 34,103.00 | 40,220.00 | 149,456.00 | 230,912.00 |
| Other Current Assets | 84,958.00 | 184,338.00 | 42,811.00 | 44,767.00 |
| Non-Current Assets | 41,252.00 | 110,256.00 | 179,247.00 | 375,061.00 |
| Property, Plant, Equipment Net | 33,043.00 | 100,809.00 | 156,281.00 | 315,932.00 |
| Goodwill | 0 | 0 | 0 | 7,879.00 |
| Intangible Assets | 441.00 | 523.00 | 587.00 | 2,915.00 |
| Long-Term Investments | 0 | 4,000.00 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 4,924.00 | 0 | 0 |
| Liabilities | 507,956.00 | 664,637.00 | 647,096.00 | 785,966.00 |
| Current Liabilities | 172,334.00 | 338,508.00 | 237,077.00 | 285,680.00 |
| Payables and Expenses | 90,053.00 | 131,816.00 | 194,815.00 | 265,529.00 |
| Account Payables | 47,480.00 | 62,544.00 | 116,161.00 | 145,108.00 |
| Current Accrued Liabilities | 42,573.00 | 67,669.00 | 78,654.00 | 120,421.00 |
| Short-Term Debt | 7,781.00 | 9,560.00 | 10,421.00 | 9,026.00 |
| Other Current Liabilities | 74,500.00 | 197,132.00 | 31,841.00 | 11,125.00 |
| Non-Current Liabilities | 335,622.00 | 326,129.00 | 410,019.00 | 500,286.00 |
| Long-Term Debt | 311,700.00 | 301,932.00 | 308,083.00 | 388,270.00 |
| Other Non-Current Liabilities | 23,922.00 | 24,197.00 | 101,936.00 | 112,016.00 |
| Equity | -321,646.00 | -288,365.00 | -205,734.00 | -21,810.00 |
| Shareholders Equity | -327,456.00 | -293,842.00 | -211,064.00 | -26,926.00 |
| Capital Stock | 0 | 0 | 0 | 0 |
| Share Premium | 1,144,689.00 | 1,137,042.00 | 1,107,063.00 | 853,164.00 |
| Retained Earnings | -1,471,498.00 | -1,410,392.00 | -1,304,415.00 | -864,576.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -647.00 | -20,492.00 | -13,712.00 | -15,514.00 |
| Minority Interest | 5,810.00 | 5,477.00 | 5,330.00 | 5,116.00 |
| Debt | 319,481.00 | 311,492.00 | 318,504.00 | 397,296.00 |
| Net Debt | 270,977.00 | 246,065.00 | 239,597.00 | 284,885.00 |
| Common Shares Outstanding | 16,932.76 | 16,711.11 | 15,221.38 | 557.05 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|
| Revenues | 48,813.00 | 88,560.00 | 184,219.00 |
| Cost Of Revenue | 96,469.00 | 267,661.00 | 192,004.00 |
| Interest Income | 374.00 | 386.00 | 514.00 |
| Interest Expense | 9,064.00 | 12,170.00 | 10,623.00 |
| Non-Interest Expense | 31,993.00 | 38,296.00 | 52,315.00 |
| Gross Profit | -47,656.00 | -179,101.00 | -7,785.00 |
| Operating Expenses | 56,459.00 | 47,258.00 | 61,740.00 |
| Selling, General and Administrative Expenses | 31,993.00 | 38,296.00 | 52,315.00 |
| Research and Development Expenses | 9,266.00 | 8,962.00 | 9,425.00 |
| Operating Income | -104,115.00 | -226,359.00 | -69,525.00 |
| Net Non-Operating Income | 9,381.00 | -30,702.00 | 16,595.00 |
| EBT | -111,218.00 | -374,805.00 | 14,297.00 |
| Income Tax | -5,388.00 | 18,925.00 | 3,212.00 |
| Net Income Including Non-Controlling Interests | -105,830.00 | -393,730.00 | 11,085.00 |
| Net Income Non-Controlling Interests | -147.00 | -214.00 | 579.00 |
| Net Income | -105,977.00 | -393,944.00 | 11,664.00 |
| EBIT | -102,154.00 | -362,635.00 | 24,920.00 |
| Deprecation and Amortization | 6,302.00 | 16,046.00 | 10,558.00 |
| EBITDA | -95,852.00 | -346,589.00 | 35,478.00 |
| EPS | -0.01 | -0.05 | 0.02 |
| Diluted EPS | -0.01 | -0.05 | 0.00 |
| Average Shares Outstanding Basic | 16,050.00 | 8,326.20 | 511.98 |
| Average Shares Outstanding Diluted | 16,050.00 | 8,326.20 | 6,684.26 |
| Breakdown | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|
| Operating Cash Flow | -7,048.00 | -115,932.00 | -74,270.00 |
| Operating Net Income | -105,830.00 | -439,625.00 | 11,085.00 |
| Deprecation and Amortization | 6,302.00 | 16,046.00 | 10,558.00 |
| Deferred Income Tax | -18,065.00 | 17,717.00 | -7.00 |
| Share Based Compensation | 10,697.00 | 5,889.00 | 5,236.00 |
| Change in Working Capital | 69,035.00 | -77,349.00 | -28,033.00 |
| Other Operating Activities | 30,813.00 | 361,390.00 | -73,109.00 |
| Investing Cash Flow | -2,307.00 | -11,289.00 | 7,030.00 |
| Capital Expenditure | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -3,636.00 | -35,289.00 | 7,030.00 |
| Net Purchase/Sale of Investments Net | 1,329.00 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 24,000.00 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0 |
| Financing Cash Flow | -3,746.00 | 96,620.00 | 48,487.00 |
| Net Issuance/Repayment of Debt | -2,922.00 | -3,074.00 | 50,911.00 |
| Net Issuance/Repurchase of Equity | -824.00 | 97,270.00 | 0 |
| Dividends Paid | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | 2,424.00 | 0 |
| Net Change in Cash | -13,101.00 | -30,601.00 | -18,753.00 |
| Cash at Beginning of Period | 54,352.00 | 84,953.00 | 103,715.00 |
| Cash at End of Period | 31,008.00 | 54,352.00 | 84,953.00 |
| Free Cash Flow | -11,145.00 | -127,061.00 | -91,977.00 |