Valuation Ratios

Breakdown 2025-01-31 2024-01-31 2023-01-31
Price to Earnings -157.99 -161.50 -42.59
Price to Sales 10.16 16.96 11.45
Book Value Per Common Share 37.32 15.00 10.78
Price to Book 7.32 26.69 19.88
Price to Operating Cash Flow 135.68 234.91 -1133.39
Price to Free Cash Flow 168.91 247.28 -727.37
Enterprise Value to EBITDA
Breakdown 2025-07-31 2025-04-30 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30
Price to Earnings -410.16 -374.28 -2080.00 -341.03 -331.98 -311.64 -148.80 -311.34
Price to Sales 32.61 25.42 37.81 38.82 59.16 45.73 37.81 84.19
Book Value Per Common Share 36.09 37.12 20.19 18.45 17.30 11.24 9.88 9.89
Price to Book 6.59 4.64 13.39 13.68 21.10 21.36 18.52 35.90
Price to Operating Cash Flow 126.96 534.60 -13282.11 419.02 313.43 2076.83
Price to Free Cash Flow 128.84 564.51 -7578.38 422.61 317.07 2658.65
Enterprise Value to EBITDA 111941919.12

Earnings Data

Breakdown 2025-01-31 2024-01-31 2023-01-31
Earning YoY
Revenue YoY 19.22 31.07 46.95
EBITDA YoY
Net Profit YoY
Breakdown 2025-07-31 2025-04-30 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30
Earning YoY
Revenue YoY 7.72 0.11 10.72 6.11 22.34 10.39 16.88 57.14
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2025-01-31 2024-01-31 2023-01-31
Cash Per Common Share 31.34 28.29 26.76
Quick Ratio 4.86 4.15 3.61
Current Ratio 5.20 4.40 3.80
Debt to Equity 0.23 1.68 2.50
Long-Term Debt to Equity 0.03 1.16 1.71
Breakdown 2025-07-31 2025-04-30 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30
Cash Per Common Share 28.93 30.27 31.10 30.80 28.41 27.12 25.94 27.01
Quick Ratio 5.29 5.48 1.61 4.76 4.35 3.97 3.90 3.96
Current Ratio 5.70 5.89 1.70 5.03 4.93 4.19 4.10 4.16
Debt to Equity 0.20 0.20 1.15 1.30 1.39 2.26 2.61 2.62
Long-Term Debt to Equity 0.03 0.03 0.05 0.90 0.97 1.58 1.85 1.87

Profitability

Breakdown 2025-01-31 2024-01-31 2023-01-31
ROA -3.76 -6.15 -13.34
ROE -4.64 -16.52 -46.71
Gross Margin 73.32 74.78 72.80
Operating Margin -6.16 -9.16 -25.19
EBITDA Margin -6.06 -8.42 -23.38
Net Profit Margin -6.43 -10.49 -26.90
Breakdown 2025-07-31 2025-04-30 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30
ROA -1.33 -1.04 -0.30 -1.74 -2.66 -2.10 -3.44 -3.17
ROE -1.60 -1.24 -0.65 -4.00 -6.35 -6.85 -12.40 -11.49
Gross Margin 71.01 71.21 74.44 73.17 72.77 73.54 71.93 72.60
Operating Margin -7.04 -5.88 -0.91 -10.11 -16.89 -13.40 -23.17 -25.82
EBITDA Margin -6.87 -4.92 0.34 -8.87 -16.78 -11.87 -22.87 -22.65
Net Profit Margin -7.96 -6.85 -1.85 -11.41 -17.89 -14.73 -25.43 -27.08

Dividends

Breakdown 2025-01-31 2024-01-31 2023-01-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-07-31 2025-04-30 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31 2021-01-31
Assets 3,430,293.00 2,869,642.00 2,588,893.00 2,449,588.00 1,407,495.00
   Current Assets 2,923,522.00 2,483,636.00 2,236,584.00 2,117,402.00 1,141,887.00
      Cash and Short-Term Investments 2,336,577.00 2,015,407.00 1,836,630.00 1,825,923.00 957,742.00
            Cash and Cash Equivalents 490,133.00 802,959.00 455,826.00 473,904.00 429,697.00
            Short-Term Investments 1,846,444.00 1,212,448.00 1,380,804.00 1,352,019.00 528,045.00
      Net Receivables 393,099.00 325,610.00 285,192.00 195,383.00 135,176.00
      Inventory 0 0 0 0 0
      Other Current Assets 193,846.00 142,619.00 114,762.00 96,096.00 48,969.00
   Non-Current Assets 506,771.00 386,006.00 352,309.00 332,186.00 265,608.00
      Property, Plant, Equipment Net 80,984.00 90,407.00 99,035.00 104,370.00 96,951.00
      Goodwill 69,679.00 69,679.00 57,779.00 57,775.00 55,830.00
      Intangible Assets 24,597.00 3,957.00 11,428.00 20,608.00 26,275.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 20,810.00 4,116.00 2,564.00 1,939.00 997.00
      Other Non-Current Assets 310,701.00 217,847.00 181,503.00 147,494.00 85,555.00
Liabilities 648,069.00 1,800,653.00 1,849,385.00 1,782,888.00 1,407,814.00
   Current Liabilities 561,987.00 564,220.00 588,512.00 526,735.00 354,541.00
      Payables and Expenses 218,480.00 197,315.00 151,079.00 166,650.00 130,794.00
            Account Payables 10,467.00 9,905.00 8,295.00 5,234.00 4,144.00
            Current Accrued Liabilities 208,013.00 187,410.00 142,784.00 161,416.00 126,650.00
      Short-Term Debt 9,126.00 9,797.00 8,686.00 8,084.00 2,343.00
      Other Current Liabilities 334,381.00 357,108.00 428,747.00 352,001.00 221,404.00
   Non-Current Liabilities 86,082.00 1,236,433.00 1,260,873.00 1,256,153.00 1,053,273.00
      Long-Term Debt 27,374.00 1,174,191.00 1,176,144.00 1,175,228.00 976,824.00
      Other Non-Current Liabilities 58,708.00 62,242.00 84,729.00 80,925.00 76,449.00
Equity 2,782,224.00 1,068,989.00 739,508.00 666,700.00 -319.00
   Shareholders Equity 2,782,224.00 1,068,989.00 739,508.00 666,700.00 -5,033.00
      Capital Stock 78.00 73.00 70.00 67.00 0
      Share Premium 4,625,093.00 2,777,322.00 2,276,694.00 1,860,514.00 932,332.00
      Retained Earnings -1,840,704.00 -1,711,632.00 -1,535,032.00 -1,189,634.00 -935,403.00
      Treasury Shares -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00
      Accumulated Other Comprehensive Income -924.00 4,545.00 -905.00 -2,928.00 -704.00
   Minority Interest 0 0 0 0 0
Investments 1,846,444.00 1,212,448.00 1,380,804.00 1,352,019.00 528,045.00
Debt 36,500.00 1,183,988.00 1,184,830.00 1,183,312.00 979,167.00
Net Debt 0 0 0 0 21,425.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31 2021-01-31
Revenues 2,006,443.00 1,683,011.00 1,284,040.00 873,782.00 590,380.00
Cost Of Revenue 535,296.00 424,485.00 349,304.00 259,492.00 177,076.00
Gross Profit 1,471,147.00 1,258,526.00 934,736.00 614,290.00 413,304.00
Operating Expenses 1,687,211.00 1,492,258.00 1,281,391.00 903,654.00 622,608.00
   Selling, General and Administrative Expenses 1,090,374.00 976,318.00 859,699.00 594,834.00 417,447.00
   Research and Development Expenses 596,837.00 515,940.00 421,692.00 308,820.00 205,161.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -216,064.00 -233,732.00 -346,655.00 -289,364.00 -209,304.00
Net Non-Operating Income 84,465.00 70,216.00 13,401.00 -13,525.00 -53,389.00
Interest Expense 8,092.00 9,387.00 9,797.00 11,316.00 56,107.00
EBT -131,599.00 -163,516.00 -333,254.00 -302,889.00 -262,693.00
Income Tax 2,527.00 13,084.00 12,144.00 3,977.00 4,251.00
Net Income -129,072.00 -176,600.00 -345,398.00 -306,866.00 -266,944.00
EBIT -123,507.00 -154,129.00 -323,457.00 -291,573.00 -206,586.00
Deprecation and Amortization 1,914.00 12,431.00 23,228.00 25,185.00 19,612.00
EBITDA -121,593.00 -141,698.00 -300,229.00 -266,388.00 -186,974.00
EPS -0.00 -0.00 -0.01 0 0
Diluted EPS -0.00 -0.00 -0.01 0 0
Average Shares Outstanding Basic 74,555.00 71,248.98 68,628.27 0 0
Average Shares Outstanding Diluted 74,555.00 71,248.98 68,628.27 0 0
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31 2021-01-31
Operating Cash Flow 150,191.00 121,477.00 -12,970.00 6,980.00 -42,673.00
   Operating Net Income -129,072.00 -176,600.00 -345,398.00 -306,866.00 -266,944.00
   Deprecation and Amortization 1,914.00 -12,431.00 23,228.00 25,185.00 19,612.00
   Deferred Income Tax -16,794.00 -1,574.00 -562.00 -2,579.00 -364.00
   Share Based Compensation 493,940.00 456,907.00 381,454.00 251,069.00 149,313.00
   Change in Working Capital -200,315.00 -148,976.00 -74,470.00 27,837.00 5,553.00
   Other Operating Activities 518.00 4,151.00 2,778.00 12,334.00 50,157.00
Investing Cash Flow -657,440.00 188,019.00 -33,308.00 -852,142.00 -262,656.00
   Capital Expenditure -29,550.00 -6,074.00 -7,244.00 -8,072.00 -11,773.00
   Net Purchase/Sale of PPE -29,550.00 -6,074.00 -7,244.00 -8,072.00 -11,773.00
   Net Purchase/Sale of Investments Net -616,640.00 211,149.00 -22,966.00 -835,258.00 -250,383.00
   Net Purchase/Sale of Business 0 -15,000.00 0 -4,469.00 0
   Other Investing Activities 18,300.00 4,018.00 4,146.00 3,729.00 11,273.00
Financing Cash Flow 202,060.00 38,241.00 30,200.00 890,892.00 27,581.00
   Net Issuance/Repayment of Debt 164,044.00 -5,483.00 -4,510.00 -5,572.00 -4,633.00
   Net Issuance/Repurchase of Equity 38,016.00 43,724.00 34,710.00 924,058.00 35,534.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 0.00 0.00 -27,594.00 -3,320.00
Net Change in Cash -310,890.00 347,304.00 -18,081.00 44,198.00 -276,484.00
   Cash at Beginning of Period 803,643.00 456,339.00 474,420.00 430,222.00 706,706.00
   Cash at End of Period 492,753.00 803,643.00 456,339.00 474,420.00 430,222.00
Free Cash Flow 120,641.00 115,403.00 -20,214.00 -1,092.00 -54,446.00
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-04-30 2023-01-31 2022-10-31 2022-04-30 2022-01-31 2021-04-30 2021-01-31
Assets 3,542,061.00 3,624,420.00 3,430,293.00 3,224,785.00 3,131,230.00 3,034,429.00 2,869,642.00 2,580,525.00 2,588,893.00 2,467,186.00 2,434,541.00 2,449,588.00 1,377,627.00 1,407,495.00
   Current Assets 2,904,539.00 2,972,530.00 2,923,522.00 2,794,263.00 2,722,047.00 2,652,325.00 2,483,636.00 2,232,294.00 2,236,584.00 2,122,255.00 2,096,307.00 2,117,402.00 1,096,022.00 1,141,887.00
      Cash and Short-Term Investments 2,345,386.00 2,453,938.00 2,336,577.00 2,302,092.00 2,264,834.00 2,073,996.00 2,015,407.00 1,903,428.00 1,836,630.00 1,787,532.00 1,828,695.00 1,825,923.00 935,043.00 957,742.00
            Cash and Cash Equivalents 647,139.00 657,809.00 490,133.00 673,054.00 1,290,901.00 815,704.00 802,959.00 721,787.00 455,826.00 999,674.00 456,275.00 473,904.00 407,055.00 429,697.00
            Short-Term Investments 1,698,247.00 1,796,129.00 1,846,444.00 1,629,038.00 973,933.00 1,258,292.00 1,212,448.00 1,181,641.00 1,380,804.00 787,858.00 1,372,420.00 1,352,019.00 527,988.00 528,045.00
      Net Receivables 349,656.00 313,215.00 393,099.00 334,629.00 311,166.00 266,025.00 325,610.00 211,575.00 285,192.00 231,260.00 164,885.00 195,383.00 100,646.00 135,176.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 209,497.00 205,377.00 193,846.00 157,542.00 146,047.00 312,304.00 142,619.00 117,291.00 114,762.00 103,463.00 102,727.00 96,096.00 60,333.00 48,969.00
   Non-Current Assets 637,522.00 651,890.00 506,771.00 430,522.00 409,183.00 382,104.00 386,006.00 348,231.00 352,309.00 344,931.00 338,234.00 332,186.00 281,605.00 265,608.00
      Property, Plant, Equipment Net 73,357.00 77,420.00 80,984.00 83,204.00 85,262.00 85,021.00 90,407.00 95,284.00 99,035.00 102,974.00 108,009.00 104,370.00 105,925.00 96,951.00
      Goodwill 189,641.00 189,641.00 69,679.00 69,679.00 69,679.00 69,679.00 69,679.00 57,779.00 57,779.00 57,779.00 57,775.00 57,775.00 57,775.00 55,830.00
      Intangible Assets 42,113.00 45,919.00 24,597.00 963.00 1,133.00 1,303.00 3,957.00 9,133.00 11,428.00 13,723.00 18,313.00 20,608.00 27,493.00 26,275.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 23,542.00 22,410.00 20,810.00 5,575.00 4,765.00 4,524.00 4,116.00 3,041.00 2,564.00 1,657.00 1,963.00 1,939.00 1,006.00 997.00
      Other Non-Current Assets 308,869.00 316,500.00 310,701.00 271,101.00 248,344.00 221,577.00 217,847.00 182,994.00 181,503.00 168,798.00 152,174.00 147,494.00 89,406.00 85,555.00
Liabilities 599,087.00 591,470.00 648,069.00 1,722,809.00 1,768,183.00 1,765,173.00 1,800,653.00 1,788,096.00 1,849,385.00 1,782,904.00 1,761,662.00 1,782,888.00 1,645,991.00 1,407,814.00
   Current Liabilities 509,833.00 504,998.00 561,987.00 1,640,775.00 541,155.00 537,494.00 564,220.00 532,567.00 588,512.00 517,807.00 503,722.00 526,735.00 328,681.00 354,541.00
      Payables and Expenses 224,448.00 200,349.00 218,480.00 98,239.00 110,930.00 203,693.00 197,315.00 136,756.00 151,079.00 145,003.00 143,137.00 166,650.00 91,209.00 130,794.00
            Account Payables 9,868.00 8,562.00 10,467.00 11,444.00 10,135.00 9,349.00 9,905.00 7,986.00 8,295.00 7,734.00 6,204.00 5,234.00 4,358.00 4,144.00
            Current Accrued Liabilities 214,580.00 191,787.00 208,013.00 86,795.00 100,795.00 194,344.00 187,410.00 128,770.00 142,784.00 137,269.00 136,933.00 161,416.00 86,851.00 126,650.00
      Short-Term Debt 9,508.00 8,914.00 9,126.00 1,135,507.00 11,048.00 9,881.00 9,797.00 8,605.00 8,686.00 8,645.00 8,671.00 8,084.00 6,432.00 2,343.00
      Other Current Liabilities 275,877.00 295,735.00 334,381.00 407,029.00 419,177.00 323,920.00 357,108.00 387,206.00 428,747.00 364,159.00 351,914.00 352,001.00 231,040.00 221,404.00
   Non-Current Liabilities 89,254.00 86,472.00 86,082.00 82,034.00 1,227,028.00 1,227,679.00 1,236,433.00 1,255,529.00 1,260,873.00 1,265,097.00 1,257,940.00 1,256,153.00 1,317,310.00 1,053,273.00
      Long-Term Debt 26,236.00 28,086.00 27,374.00 27,639.00 1,173,854.00 1,172,542.00 1,174,191.00 1,176,338.00 1,176,144.00 1,176,303.00 1,177,640.00 1,175,228.00 1,238,323.00 976,824.00
      Other Non-Current Liabilities 63,018.00 58,386.00 58,708.00 54,395.00 53,174.00 55,137.00 62,242.00 79,191.00 84,729.00 88,794.00 80,300.00 80,925.00 78,987.00 76,449.00
Equity 2,942,974.00 3,032,950.00 2,782,224.00 1,501,976.00 1,363,047.00 1,269,256.00 1,068,989.00 792,429.00 739,508.00 684,282.00 672,879.00 666,700.00 -268,364.00 -319.00
   Shareholders Equity 2,942,974.00 3,032,950.00 2,782,224.00 1,501,976.00 1,363,047.00 1,269,256.00 1,068,989.00 792,429.00 739,508.00 684,282.00 672,879.00 666,700.00 -268,364.00 -5,033.00
      Capital Stock 81.00 80.00 78.00 73.00 73.00 73.00 73.00 71.00 70.00 69.00 68.00 67.00 62.00 0
      Share Premium 5,064,031.00 4,899,504.00 4,625,093.00 3,357,146.00 3,210,146.00 3,068,730.00 2,777,322.00 2,382,121.00 2,276,694.00 2,159,957.00 1,945,737.00 1,860,514.00 680,413.00 932,332.00
      Retained Earnings -1,925,378.00 -1,878,330.00 -1,840,704.00 -1,856,530.00 -1,846,754.00 -1,792,225.00 -1,711,632.00 -1,589,278.00 -1,535,032.00 -1,470,634.00 -1,266,928.00 -1,189,634.00 -946,760.00 -935,403.00
      Treasury Shares -201,341.00 -1,319.00 -1,319.00 1,319.00 1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00 -1,319.00
      Accumulated Other Comprehensive Income 5,581.00 13,015.00 -924.00 2,606.00 901.00 -6,003.00 4,545.00 834.00 -905.00 -3,791.00 -4,679.00 -2,928.00 -760.00 -704.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 1,698,247.00 1,796,129.00 1,846,444.00 0 0 1,258,292.00 1,212,448.00 1,181,641.00 1,380,804.00 787,858.00 1,372,420.00 1,352,019.00 527,988.00 528,045.00
Debt 35,744.00 37,000.00 36,500.00 1,163,146.00 1,184,902.00 1,182,423.00 1,183,988.00 1,184,943.00 1,184,830.00 1,184,948.00 1,186,311.00 1,183,312.00 1,244,755.00 979,167.00
Net Debt 0 0 0 451,666.00 0 0 0 0 0 0 0 0 309,712.00 21,425.00
Common Shares Outstanding 81,546.07 81,715.78 0 74,393.77 73,863.71 73,350.60 0 70,531.31 0 69,255.68 68,061.06 0 0 0
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30 2021-04-30
Revenues 591,402.00 549,014.00 548,398.00 529,375.00 478,109.00 450,561.00 368,280.00 333,621.00 285,447.00 181,648.00
Cost Of Revenue 171,428.00 158,041.00 149,015.00 135,331.00 128,253.00 122,697.00 97,449.00 93,652.00 78,215.00 54,528.00
Interest Income 0 0 0 23,869.00 24,260.00 0 0 0 0 0
Interest Expense 1,473.00 1,066.00 1,635.00 2,278.00 2,282.00 1,897.00 2,393.00 2,497.00 2,453.00 3,658.00
Non-Interest Expense 0 0 0 270,510.00 272,329.00 0 0 0 0 0
Gross Profit 419,974.00 390,973.00 399,383.00 394,044.00 349,856.00 327,864.00 270,831.00 239,969.00 207,232.00 127,120.00
Operating Expenses 485,268.00 444,527.00 417,945.00 421,920.00 421,296.00 426,050.00 339,378.00 322,892.00 283,172.00 188,566.00
   Selling, General and Administrative Expenses 303,529.00 275,698.00 267,545.00 270,510.00 272,329.00 279,990.00 222,561.00 216,500.00 186,800.00 123,815.00
   Research and Development Expenses 181,739.00 168,829.00 150,400.00 151,410.00 148,967.00 146,060.00 116,817.00 106,392.00 96,372.00 64,751.00
   Other Operating Expenses 0.00 0.00 0.00 0 0 0.00 0.00 0.00 0.00 0.00
Operating Income -65,294.00 -53,554.00 -18,562.00 -27,876.00 -71,440.00 -98,186.00 -68,547.00 -82,923.00 -75,940.00 -61,446.00
Net Non-Operating Income 22,174.00 20,230.00 66,285.00 -824.00 -1,170.00 20,174.00 16,788.00 3,117.00 -208.00 -3,922.00
EBT -43,120.00 -33,324.00 4,154.00 -7,109.00 -50,632.00 -78,012.00 -51,759.00 -79,806.00 -76,148.00 -65,368.00
Income Tax 3,928.00 4,302.00 -6,618.00 2,667.00 3,897.00 2,581.00 2,487.00 5,035.00 1,146.00 1,376.00
Net Income Including Non-Controlling Interests 0 0 0 -9,776.00 -54,529.00 0 0 0 0 0
Net Income -47,048.00 -37,626.00 15,826.00 -9,776.00 -54,529.00 -80,593.00 -54,246.00 -84,841.00 -77,294.00 -63,992.00
EBIT -41,647.00 -32,258.00 5,789.00 -4,831.00 -48,350.00 -76,115.00 -49,366.00 -77,309.00 -73,695.00 -61,710.00
Deprecation and Amortization 993.00 5,260.00 -11,166.00 6,628.00 5,935.00 517.00 5,638.00 994.00 9,030.00 5,772.00
EBITDA -40,654.00 -26,998.00 -5,377.00 1,797.00 -42,415.00 -75,598.00 -43,728.00 -76,315.00 -64,665.00 -55,938.00
EPS -0.00 -0.00 0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0
Diluted EPS 0 0 0.00 -0.00 -0.00 0 0 0 0 0
Average Shares Outstanding Basic 81,078.23 81,060.82 77,665.84 74,020.59 73,543.43 72,990.14 70,177.50 68,916.81 67,706.50 0
Average Shares Outstanding Diluted 0 0 150,655.98 74,020.59 73,543.43 0 0 0 0 0
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2023-04-30 2022-10-31 2022-04-30 2021-04-30
Operating Cash Flow 0 109,929.00 50,538.00 37,438.00 -1,398.00 63,613.00 53,730.00 0 11,574.00 10,217.00
   Operating Net Income -47,048.00 -37,626.00 15,826.00 -9,776.00 -54,529.00 -80,593.00 -54,246.00 -84,841.00 -77,294.00 -63,992.00
   Deprecation and Amortization 993.00 5,260.00 -11,166.00 6,628.00 5,935.00 517.00 -5,638.00 994.00 9,030.00 5,772.00
   Deferred Income Tax 0 25.00 -15,995.00 -825.00 19.00 7.00 -188.00 0 -61.00 -1,585.00
   Share Based Compensation 0 132,431.00 125,042.00 125,712.00 122,423.00 120,763.00 103,955.00 0 83,566.00 50,914.00
   Change in Working Capital 0 7,597.00 -71,802.00 -79,810.00 -71,134.00 22,431.00 10,797.00 0 -3,337.00 15,844.00
   Other Operating Activities 0 2,242.00 8,633.00 -4,491.00 -4,112.00 488.00 -950.00 0 -330.00 3,264.00
Investing Cash Flow 0 51,571.00 -246,316.00 -653,401.00 290,420.00 -48,143.00 211,282.00 0 -28,803.00 -7,511.00
   Capital Expenditure 0.00 -1,611.00 -29,011.00 0 0 -539.00 -623.00 0.00 -2,538.00 -627.00
   Net Purchase/Sale of PPE 0 -1,611.00 -25,979.00 -1,981.00 -1,051.00 -539.00 -623.00 0 -2,538.00 -627.00
   Net Purchase/Sale of Investments Net 0 60,036.00 -209,087.00 -651,420.00 291,471.00 -47,604.00 213,211.00 0 -25,146.00 -1,479.00
   Net Purchase/Sale of Business 0 -2,032.00 0 0 0 0 0 0 0 -4,469.00
   Other Investing Activities 0 -3,211.00 17,761.00 0.00 0.00 539.00 -683.00 0 1,419.00 -309.00
Financing Cash Flow 0 -1,815.00 15,744.00 -580.00 188,036.00 -1,140.00 130.00 0 1,061.00 -25,254.00
   Net Issuance/Repayment of Debt 0 -2,394.00 168,578.00 -895.00 -1,546.00 -2,093.00 -1,342.00 0 -595.00 -28,793.00
   Net Issuance/Repurchase of Equity 0 579.00 37,063.00 0 0 953.00 1,472.00 0 1,656.00 3,539.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 0 0.00 -189,897.00 315.00 189,582.00 0.00 0.00 0 0.00 0.00
Net Change in Cash 0 167,685.00 -184,152.00 -616,543.00 477,058.00 12,747.00 265,851.00 0 -17,635.00 -22,642.00
   Cash at Beginning of Period 0 492,753.00 676,905.00 1,292,480.00 816,390.00 803,643.00 456,339.00 0 474,420.00 430,222.00
   Cash at End of Period 650,206.00 660,438.00 492,753.00 675,663.00 1,292,480.00 816,390.00 722,190.00 1,000,177.00 456,785.00 407,580.00
Free Cash Flow 0 108,318.00 24,559.00 35,457.00 -2,449.00 63,074.00 53,107.00 0 9,036.00 9,590.00