Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 17.36 19.90 33.83 21.67 23.58
Price to Sales 2.20 2.74 2.92 3.24 3.15
Book Value Per Common Share 20.08 32.16 48.97 48.52 46.54
Price to Book 2.97 2.25 1.36 1.37 1.26
Price to Operating Cash Flow 16.31 20.94 23.50 22.47 21.15
Price to Free Cash Flow
Enterprise Value to EBITDA 99243.76 129135.31 192832.44 159115.09 170352.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 45.27 84.30 218.87 34.59 43.63 66.67 23.61 32.86 45.87 35.37 53.53 101.26 24.86 43.06 86.07
Price to Sales 2.89 4.78 9.48 3.69 5.00 10.16 3.55 5.63 10.39 3.32 5.72 11.23 3.88 6.34 11.42
Book Value Per Common Share 20.20 20.18 19.82 20.74 20.57 21.13 20.92 20.99 20.66 19.29 19.86 20.27 19.70 19.53 19.17
Price to Book 3.09 3.34 3.42 3.55 3.18 3.31 3.32 3.48 3.37 2.84 3.13 3.10 2.95 3.20 3.05
Price to Operating Cash Flow 38.24 62.53 80.83 28.67 41.04 71.27 30.05 50.46 84.81 30.09 43.72 77.10 30.07 49.13 90.32
Price to Free Cash Flow
Enterprise Value to EBITDA 228323.27 372349.12 877484.04 164462.84 199285.52 302151.25 156442.91 232792.48 355240.04 212167.02 337770.99 658138.27 188572.65 322616.95 554300.66

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -5.49 84.77 -35.62 23.39
Revenue YoY 1.18 14.35 9.67 8.05
EBITDA YoY 5.57 60.51 -18.54 18.79
Net Profit YoY -7.02 65.85 -30.47 20.96
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 72.50 158.06 42.00 42.86 32.43 46.05 33.62 87.10 61.38 113.24
Revenue YoY 53.25 96.47 52.20 89.81 51.09 92.81 51.62 93.69 51.74 91.77
EBITDA YoY 50.83 133.70 36.11 41.53 41.48 59.53 40.18 92.15 58.96 83.03
Net Profit YoY 71.24 159.45 42.37 42.56 32.53 45.36 33.21 87.37 61.70 112.17

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.04 1.38 1.41 2.53 2.55
Quick Ratio 0.32 0.27 0.20 0.27 0.25
Current Ratio 0.68 0.66 0.64 0.66 0.59
Debt to Equity 1.54 0.48 0.60 0.57 0.59
Long-Term Debt to Equity 0.82 0.27 0.39 0.38 0.39
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 1.13 1.22 1.25 1.17 1.09 1.08 1.23 1.14 1.42 1.59 1.40 1.41 2.42 1.40 1.46
Quick Ratio 0.31 0.31 0.33 0.30 0.24 0.25 0.32 0.30 0.34 0.40 0.38 0.40 0.47 0.35 0.37
Current Ratio 0.61 0.64 0.61 0.63 0.68 0.77 0.61 0.65 0.68 0.69 0.68 0.68 0.73 0.61 0.61
Debt to Equity 1.72 1.71 1.67 1.59 1.64 1.72 1.48 1.51 1.57 1.55 1.40 1.41 1.43 1.41 1.44
Long-Term Debt to Equity 0.90 0.95 0.86 0.83 0.83 0.84 0.82 0.88 0.92 1.01 0.90 0.91 0.91 0.90 0.91

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 6.73 2.90 1.34 2.02 1.66
ROE 17.10 4.30 2.15 3.18 2.64
Gross Margin 39.12 53.90 70.01 76.80 76.38
Operating Margin 18.58 17.85 11.61 16.48 14.32
EBITDA Margin 22.15 21.23 15.12 20.36 18.52
Net Profit Margin 12.65 13.77 9.49 14.97 13.37
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 2.50 1.47 0.58 3.97 2.75 1.82 5.66 4.20 2.86 3.14 2.43 1.26 4.90 3.07 1.45
ROE 6.81 3.97 1.56 10.28 7.26 4.95 14.04 10.55 7.36 8.00 5.81 3.03 11.88 7.38 3.54
Gross Margin 28.45 29.33 26.09 39.30 42.80 51.13 38.55 38.48 37.60 36.13 37.40 38.42 39.98 40.32 40.98
Operating Margin 9.06 9.23 7.32 18.80 21.46 30.18 19.28 20.85 25.94 12.06 13.29 13.52 16.62 15.60 16.68
EBITDA Margin 12.65 12.85 10.80 22.42 25.07 33.62 22.66 24.20 29.25 15.65 16.93 17.07 20.60 19.66 20.60
Net Profit Margin 6.37 5.70 4.32 10.68 11.42 15.20 15.01 17.12 22.70 9.36 10.65 11.01 15.65 14.69 13.28

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 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 2020-12-31
Assets 68,497,000.00 170,828,000.00 222,437,000.00 212,446,000.00 214,483,000.00
   Current Assets 13,242,000.00 15,787,000.00 18,831,000.00 16,655,000.00 15,901,000.00
      Cash and Short-Term Investments 1,400,000.00 1,884,000.00 1,948,000.00 3,553,000.00 3,650,000.00
            Cash and Cash Equivalents 1,400,000.00 1,884,000.00 1,948,000.00 3,553,000.00 3,650,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 4,811,000.00 4,512,000.00 3,907,000.00 3,188,000.00 2,954,000.00
      Inventory 3,827,000.00 3,615,000.00 3,381,000.00 2,708,000.00 2,647,000.00
      Other Current Assets 3,204,000.00 5,776,000.00 9,595,000.00 7,206,000.00 6,650,000.00
   Non-Current Assets 55,255,000.00 155,041,000.00 203,606,000.00 195,791,000.00 198,582,000.00
      Property, Plant, Equipment Net 10,248,000.00 10,377,000.00 9,680,000.00 9,271,000.00 9,664,000.00
      Goodwill 23,017,000.00 23,896,000.00 23,450,000.00 21,978,000.00 21,895,000.00
      Intangible Assets 18,848,000.00 19,836,000.00 19,710,000.00 18,291,000.00 18,482,000.00
      Long-Term Investments 635,000.00 3,242,000.00 4,879,000.00 5,289,000.00 6,036,000.00
      Non-Current Deferred Assets 333,000.00 408,000.00 473,000.00 541,000.00 790,000.00
      Other Non-Current Assets 2,174,000.00 97,282,000.00 145,414,000.00 140,421,000.00 141,715,000.00
Liabilities 41,539,000.00 55,500,000.00 83,623,000.00 77,078,000.00 79,692,000.00
   Current Liabilities 19,549,000.00 23,976,000.00 29,442,000.00 25,113,000.00 26,943,000.00
      Payables and Expenses 12,919,000.00 12,162,000.00 10,881,000.00 9,649,000.00 9,173,000.00
            Account Payables 9,433,000.00 8,321,000.00 7,562,000.00 6,730,000.00 6,209,000.00
            Current Accrued Liabilities 3,486,000.00 3,841,000.00 3,319,000.00 2,919,000.00 2,964,000.00
      Short-Term Debt 2,227,000.00 3,015,000.00 5,071,000.00 2,202,000.00 2,828,000.00
      Other Current Liabilities 4,403,000.00 8,799,000.00 13,490,000.00 13,262,000.00 14,942,000.00
   Non-Current Liabilities 21,990,000.00 31,524,000.00 54,181,000.00 51,965,000.00 52,749,000.00
      Long-Term Debt 16,287,000.00 17,424,000.00 20,765,000.00 18,009,000.00 17,746,000.00
      Other Non-Current Liabilities 5,703,000.00 14,100,000.00 33,416,000.00 33,956,000.00 35,003,000.00
Equity 26,958,000.00 115,328,000.00 138,814,000.00 135,368,000.00 134,791,000.00
   Shareholders Equity 26,932,000.00 43,828,000.00 67,479,000.00 68,067,000.00 66,739,000.00
      Capital Stock 0 0 0 0 0
      Share Premium 32,276,000.00 32,216,000.00 32,143,000.00 32,097,000.00 32,070,000.00
      Retained Earnings 36,476,000.00 34,236,000.00 31,481,000.00 30,806,000.00 28,402,000.00
      Treasury Shares 29,349,000.00 27,174,000.00 25,794,000.00 24,010,000.00 22,204,000.00
      Accumulated Other Comprehensive Income -12,471,000.00 -10,946,000.00 -10,947,000.00 -10,624,000.00 -10,690,000.00
   Minority Interest 26,000.00 109,000.00 174,000.00 209,000.00 242,000.00
Investments 635,000.00 3,242,000.00 4,879,000.00 5,289,000.00 6,036,000.00
Debt 18,514,000.00 20,439,000.00 25,836,000.00 20,211,000.00 20,574,000.00
Net Debt 17,114,000.00 18,555,000.00 23,888,000.00 16,658,000.00 16,924,000.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 36,441,000.00 36,016,000.00 31,496,000.00 28,720,000.00 26,581,000.00
Cost Of Revenue 22,184,000.00 16,602,000.00 9,446,000.00 6,662,000.00 6,279,000.00
Gross Profit 14,257,000.00 19,414,000.00 22,050,000.00 22,058,000.00 20,302,000.00
Operating Expenses -4,656,000.00 7,274,000.00 10,965,000.00 10,013,000.00 9,999,000.00
   Selling, General and Administrative Expenses 22,285,000.00 8,002,000.00 7,384,000.00 6,263,000.00 6,098,000.00
   Research and Development Expenses 400,000.00 380,000.00 346,000.00 347,000.00 332,000.00
   Other Operating Expenses -27,341,000.00 -1,108,000.00 3,235,000.00 3,403,000.00 3,569,000.00
Operating Income 18,913,000.00 12,140,000.00 11,085,000.00 12,045,000.00 10,303,000.00
Net Non-Operating Income -12,652,000.00 -6,260,000.00 -7,857,000.00 -7,676,000.00 -6,920,000.00
Interest Expense 508,000.00 550,000.00 428,000.00 365,000.00 423,000.00
EBT 6,261,000.00 5,880,000.00 3,228,000.00 4,369,000.00 3,383,000.00
Income Tax 1,469,000.00 1,537,000.00 865,000.00 1,190,000.00 1,224,000.00
Equity Method Investments Income 168,000.00 160,000.00 385,000.00 393,000.00 421,000.00
Net Income Including Non-Controlling Interests 4,599,000.00 4,950,000.00 2,981,000.00 4,286,000.00 3,541,000.00
Net Income Non-Controlling Interests 12,000.00 9,000.00 9,000.00 14,000.00 14,000.00
Net Income 4,611,000.00 4,959,000.00 2,990,000.00 4,300,000.00 3,555,000.00
EBIT 6,769,000.00 6,430,000.00 3,656,000.00 4,734,000.00 3,806,000.00
Deprecation and Amortization 1,302,000.00 1,215,000.00 1,107,000.00 1,113,000.00 1,116,000.00
EBITDA 8,071,000.00 7,645,000.00 4,763,000.00 5,847,000.00 4,922,000.00
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 1,341,000.00 1,363,000.00 1,378,000.00 1,403,000.00 1,434,000.00
Average Shares Outstanding Diluted 1,347,000.00 1,370,000.00 1,385,000.00 1,413,000.00 1,445,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 4,910,000.00 4,714,000.00 3,908,000.00 4,141,000.00 3,964,000.00
   Operating Net Income 4,623,000.00 10,862,000.00 8,436,000.00 11,242,000.00 9,216,000.00
   Deprecation and Amortization 1,302,000.00 1,215,000.00 1,107,000.00 1,113,000.00 1,116,000.00
   Deferred Income Tax 257,000.00 -37,000.00 -42,000.00 205,000.00 -70,000.00
   Share Based Compensation 147,000.00 146,000.00 120,000.00 121,000.00 126,000.00
   Change in Working Capital 2,318,000.00 1,581,000.00 2,985,000.00 736,000.00 400,000.00
   Other Operating Activities -3,737,000.00 -9,053,000.00 -8,698,000.00 -9,276,000.00 -6,824,000.00
Investing Cash Flow 526,000.00 2,812,000.00 -4,888,000.00 -26,000.00 500,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,403,000.00 1,131,000.00 906,000.00 2,163,000.00 1,736,000.00
   Net Purchase/Sale of Investments Net 278,000.00 309,000.00 0 0 0
   Net Purchase/Sale of Business 240,000.00 -19,000.00 5,286,000.00 833,000.00 1,136,000.00
   Other Investing Activities -1,395,000.00 1,391,000.00 -11,080,000.00 -3,022,000.00 -2,372,000.00
Financing Cash Flow -5,780,000.00 -7,558,000.00 -456,000.00 -4,069,000.00 -2,215,000.00
   Net Issuance/Repayment of Debt 6,150,000.00 3,108,000.00 8,553,000.00 13,147,000.00 15,229,000.00
   Net Issuance/Repurchase of Equity 2,334,000.00 1,547,000.00 2,017,000.00 2,110,000.00 1,390,000.00
   Dividends Paid 2,349,000.00 2,160,000.00 1,985,000.00 1,826,000.00 1,678,000.00
   Other Financing Activities -16,613,000.00 -14,373,000.00 -13,011,000.00 -21,152,000.00 -20,512,000.00
Net Change in Cash -484,000.00 -64,000.00 -1,605,000.00 -97,000.00 2,322,000.00
   Cash at Beginning of Period 1,884,000.00 1,948,000.00 3,553,000.00 3,650,000.00 1,328,000.00
   Cash at End of Period 1,400,000.00 1,884,000.00 1,948,000.00 3,553,000.00 3,650,000.00
Free Cash Flow 0 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 2020-12-31
Assets 71,358,000.00 71,020,000.00 68,927,000.00 68,497,000.00 72,191,000.00 73,096,000.00 77,624,000.00 170,828,000.00 70,860,000.00 72,025,000.00 72,786,000.00 222,437,000.00 68,036,000.00 66,014,000.00 67,994,000.00 212,446,000.00 67,317,000.00 66,477,000.00 66,349,000.00 214,483,000.00
   Current Assets 13,147,000.00 12,750,000.00 12,730,000.00 13,242,000.00 13,201,000.00 15,170,000.00 19,426,000.00 15,787,000.00 11,515,000.00 11,622,000.00 12,671,000.00 18,831,000.00 9,910,000.00 9,210,000.00 9,619,000.00 16,655,000.00 10,455,000.00 8,654,000.00 8,843,000.00 15,901,000.00
      Cash and Short-Term Investments 1,466,000.00 1,587,000.00 1,625,000.00 1,400,000.00 1,573,000.00 1,471,000.00 1,462,000.00 1,884,000.00 1,677,000.00 1,553,000.00 1,939,000.00 1,948,000.00 2,195,000.00 1,935,000.00 1,953,000.00 3,553,000.00 3,408,000.00 1,969,000.00 2,059,000.00 3,650,000.00
            Cash and Cash Equivalents 1,466,000.00 1,587,000.00 1,625,000.00 1,400,000.00 1,573,000.00 1,471,000.00 1,462,000.00 1,884,000.00 1,677,000.00 1,553,000.00 1,939,000.00 1,948,000.00 2,195,000.00 1,935,000.00 1,953,000.00 3,553,000.00 3,408,000.00 1,969,000.00 2,059,000.00 3,650,000.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 5,238,000.00 4,631,000.00 5,259,000.00 4,811,000.00 4,691,000.00 4,011,000.00 4,814,000.00 4,512,000.00 4,291,000.00 3,785,000.00 4,312,000.00 3,907,000.00 3,503,000.00 3,182,000.00 3,692,000.00 3,188,000.00 3,329,000.00 2,913,000.00 3,315,000.00 2,954,000.00
      Inventory 5,098,000.00 4,951,000.00 4,255,000.00 3,827,000.00 4,270,000.00 4,009,000.00 3,562,000.00 3,615,000.00 3,808,000.00 3,825,000.00 3,627,000.00 3,381,000.00 3,393,000.00 3,038,000.00 2,838,000.00 2,708,000.00 2,922,000.00 2,925,000.00 2,635,000.00 2,647,000.00
      Other Current Assets 1,345,000.00 1,581,000.00 1,591,000.00 3,204,000.00 2,667,000.00 5,679,000.00 9,588,000.00 5,776,000.00 1,739,000.00 2,459,000.00 2,793,000.00 9,595,000.00 819,000.00 1,055,000.00 1,136,000.00 7,206,000.00 796,000.00 847,000.00 834,000.00 6,650,000.00
   Non-Current Assets 58,211,000.00 58,270,000.00 56,197,000.00 55,255,000.00 58,990,000.00 57,926,000.00 58,198,000.00 155,041,000.00 59,345,000.00 60,403,000.00 60,115,000.00 203,606,000.00 58,126,000.00 56,804,000.00 58,375,000.00 195,791,000.00 56,862,000.00 57,823,000.00 57,506,000.00 198,582,000.00
      Property, Plant, Equipment Net 11,083,000.00 11,074,000.00 10,528,000.00 10,248,000.00 10,470,000.00 10,115,000.00 10,214,000.00 10,377,000.00 9,750,000.00 9,944,000.00 9,788,000.00 9,680,000.00 9,300,000.00 9,379,000.00 9,668,000.00 9,271,000.00 9,304,000.00 9,510,000.00 9,375,000.00 9,664,000.00
      Goodwill 24,250,000.00 24,344,000.00 23,439,000.00 23,017,000.00 23,773,000.00 23,386,000.00 23,539,000.00 23,896,000.00 23,307,000.00 23,670,000.00 23,604,000.00 23,450,000.00 22,387,000.00 22,103,000.00 22,618,000.00 21,978,000.00 22,029,000.00 22,270,000.00 44,272,000.00 21,895,000.00
      Intangible Assets 19,611,000.00 19,729,000.00 19,130,000.00 18,848,000.00 19,459,000.00 19,397,000.00 19,614,000.00 19,836,000.00 19,475,000.00 19,839,000.00 19,810,000.00 19,710,000.00 19,313,000.00 18,339,000.00 18,829,000.00 18,291,000.00 18,413,000.00 18,691,000.00 18,527,000.00 18,482,000.00
      Long-Term Investments 669,000.00 665,000.00 610,000.00 635,000.00 2,576,000.00 2,451,000.00 2,440,000.00 3,242,000.00 3,051,000.00 3,245,000.00 3,397,000.00 4,879,000.00 4,498,000.00 4,655,000.00 5,255,000.00 5,289,000.00 5,269,000.00 5,586,000.00 5,916,000.00 6,036,000.00
      Non-Current Deferred Assets 437,000.00 415,000.00 400,000.00 333,000.00 372,000.00 279,000.00 240,000.00 408,000.00 483,000.00 432,000.00 451,000.00 473,000.00 482,000.00 551,000.00 561,000.00 541,000.00 633,000.00 723,000.00 725,000.00 790,000.00
      Other Non-Current Assets 2,161,000.00 2,043,000.00 2,090,000.00 2,174,000.00 2,340,000.00 2,298,000.00 2,151,000.00 97,282,000.00 3,279,000.00 3,273,000.00 3,065,000.00 145,414,000.00 2,146,000.00 1,777,000.00 1,444,000.00 140,421,000.00 1,214,000.00 1,043,000.00 -21,309,000.00 141,715,000.00
Liabilities 45,129,000.00 44,773,000.00 43,104,000.00 41,539,000.00 44,300,000.00 45,378,000.00 49,110,000.00 55,500,000.00 42,300,000.00 43,346,000.00 44,512,000.00 83,623,000.00 41,366,000.00 38,461,000.00 39,778,000.00 77,078,000.00 39,563,000.00 38,857,000.00 39,200,000.00 79,692,000.00
   Current Liabilities 21,512,000.00 19,883,000.00 21,003,000.00 19,549,000.00 21,073,000.00 22,430,000.00 25,288,000.00 23,976,000.00 18,936,000.00 18,002,000.00 18,531,000.00 29,442,000.00 14,321,000.00 13,578,000.00 14,103,000.00 25,113,000.00 14,259,000.00 14,085,000.00 14,550,000.00 26,943,000.00
      Payables and Expenses 13,628,000.00 13,234,000.00 13,392,000.00 12,919,000.00 12,736,000.00 11,671,000.00 12,337,000.00 12,162,000.00 11,405,000.00 11,077,000.00 11,338,000.00 10,881,000.00 9,813,000.00 9,667,000.00 10,234,000.00 9,649,000.00 9,284,000.00 9,084,000.00 9,178,000.00 9,173,000.00
            Account Payables 10,022,000.00 9,975,000.00 9,921,000.00 9,433,000.00 9,110,000.00 8,370,000.00 8,618,000.00 8,321,000.00 7,658,000.00 7,740,000.00 7,885,000.00 7,562,000.00 6,726,000.00 6,787,000.00 7,241,000.00 6,730,000.00 6,484,000.00 6,375,000.00 6,372,000.00 6,209,000.00
            Current Accrued Liabilities 3,606,000.00 3,259,000.00 3,471,000.00 3,486,000.00 3,626,000.00 3,301,000.00 3,719,000.00 3,841,000.00 3,747,000.00 3,337,000.00 3,453,000.00 3,319,000.00 3,087,000.00 2,880,000.00 2,993,000.00 2,919,000.00 2,800,000.00 2,709,000.00 2,806,000.00 2,964,000.00
      Short-Term Debt 6,833,000.00 4,435,000.00 5,656,000.00 2,227,000.00 4,789,000.00 4,450,000.00 2,542,000.00 3,015,000.00 4,875,000.00 5,355,000.00 6,218,000.00 5,071,000.00 3,663,000.00 2,026,000.00 2,109,000.00 2,202,000.00 2,579,000.00 2,084,000.00 3,333,000.00 2,828,000.00
      Other Current Liabilities 1,051,000.00 2,214,000.00 1,955,000.00 4,403,000.00 3,548,000.00 6,309,000.00 10,409,000.00 8,799,000.00 2,656,000.00 1,570,000.00 975,000.00 13,490,000.00 845,000.00 1,885,000.00 1,760,000.00 13,262,000.00 2,396,000.00 2,917,000.00 2,039,000.00 14,942,000.00
   Non-Current Liabilities 23,617,000.00 24,890,000.00 22,101,000.00 21,990,000.00 23,227,000.00 22,948,000.00 23,822,000.00 31,524,000.00 23,364,000.00 25,344,000.00 25,981,000.00 54,181,000.00 27,045,000.00 24,883,000.00 25,675,000.00 51,965,000.00 25,304,000.00 24,772,000.00 24,650,000.00 52,749,000.00
      Long-Term Debt 17,745,000.00 18,734,000.00 16,413,000.00 16,287,000.00 17,120,000.00 16,633,000.00 17,285,000.00 17,424,000.00 16,877,000.00 18,639,000.00 19,064,000.00 20,765,000.00 20,334,000.00 18,350,000.00 18,852,000.00 18,009,000.00 18,168,000.00 17,535,000.00 17,408,000.00 17,746,000.00
      Other Non-Current Liabilities 5,872,000.00 6,156,000.00 5,688,000.00 5,703,000.00 6,107,000.00 6,315,000.00 6,537,000.00 14,100,000.00 6,487,000.00 6,705,000.00 6,917,000.00 33,416,000.00 6,711,000.00 6,533,000.00 6,823,000.00 33,956,000.00 7,136,000.00 7,237,000.00 7,242,000.00 35,003,000.00
Equity 26,229,000.00 26,247,000.00 25,823,000.00 26,958,000.00 27,891,000.00 27,718,000.00 28,514,000.00 115,328,000.00 28,560,000.00 28,679,000.00 28,274,000.00 138,814,000.00 26,670,000.00 27,553,000.00 28,216,000.00 135,368,000.00 27,754,000.00 27,620,000.00 27,149,000.00 134,791,000.00
   Shareholders Equity 26,177,000.00 26,193,000.00 25,785,000.00 26,932,000.00 27,854,000.00 27,689,000.00 28,482,000.00 43,828,000.00 28,535,000.00 28,647,000.00 28,228,000.00 67,479,000.00 26,641,000.00 27,511,000.00 28,161,000.00 68,067,000.00 27,698,000.00 27,543,000.00 27,075,000.00 66,739,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 32,299,000.00 32,280,000.00 32,233,000.00 32,276,000.00 32,244,000.00 32,200,000.00 32,163,000.00 32,216,000.00 32,181,000.00 32,148,000.00 32,112,000.00 32,143,000.00 32,116,000.00 32,086,000.00 32,053,000.00 32,097,000.00 32,066,000.00 32,042,000.00 32,009,000.00 32,070,000.00
      Retained Earnings 36,390,000.00 36,293,000.00 36,263,000.00 36,476,000.00 35,331,000.00 35,108,000.00 35,074,000.00 34,236,000.00 33,866,000.00 33,458,000.00 33,040,000.00 31,481,000.00 31,437,000.00 31,431,000.00 31,163,000.00 30,806,000.00 30,305,000.00 29,538,000.00 28,903,000.00 28,402,000.00
      Treasury Shares 31,048,000.00 30,819,000.00 30,732,000.00 29,349,000.00 28,142,000.00 28,104,000.00 27,623,000.00 27,174,000.00 26,280,000.00 26,249,000.00 26,110,000.00 25,794,000.00 25,681,000.00 25,368,000.00 24,630,000.00 24,010,000.00 23,769,000.00 23,465,000.00 23,091,000.00 22,204,000.00
      Accumulated Other Comprehensive Income -11,464,000.00 -11,561,000.00 -11,979,000.00 -12,471,000.00 -11,579,000.00 -11,515,000.00 -11,132,000.00 -10,946,000.00 -11,232,000.00 -10,710,000.00 -10,814,000.00 -10,947,000.00 -11,231,000.00 -10,638,000.00 -10,425,000.00 -10,624,000.00 -10,904,000.00 -10,572,000.00 -10,746,000.00 -10,690,000.00
   Minority Interest 52,000.00 54,000.00 38,000.00 26,000.00 37,000.00 29,000.00 32,000.00 109,000.00 25,000.00 32,000.00 46,000.00 174,000.00 29,000.00 42,000.00 55,000.00 209,000.00 56,000.00 77,000.00 74,000.00 242,000.00
Investments 669,000.00 665,000.00 610,000.00 635,000.00 2,576,000.00 2,451,000.00 2,440,000.00 3,242,000.00 3,051,000.00 3,245,000.00 3,397,000.00 4,879,000.00 4,498,000.00 4,655,000.00 5,255,000.00 5,289,000.00 5,269,000.00 5,586,000.00 5,916,000.00 6,036,000.00
Debt 24,578,000.00 23,169,000.00 22,069,000.00 18,514,000.00 21,909,000.00 21,083,000.00 19,827,000.00 20,439,000.00 21,752,000.00 23,994,000.00 25,282,000.00 25,836,000.00 23,997,000.00 20,376,000.00 20,961,000.00 20,211,000.00 20,747,000.00 19,619,000.00 20,741,000.00 20,574,000.00
Net Debt 23,112,000.00 21,582,000.00 20,444,000.00 17,114,000.00 20,336,000.00 19,612,000.00 18,365,000.00 18,555,000.00 20,075,000.00 22,441,000.00 23,343,000.00 23,888,000.00 21,802,000.00 18,441,000.00 19,008,000.00 16,658,000.00 17,339,000.00 17,650,000.00 18,682,000.00 16,924,000.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 28,041,000.00 18,297,000.00 9,313,000.00 -17,319,000.00 26,837,000.00 17,633,000.00 9,290,000.00 -17,525,000.00 26,702,000.00 17,673,000.00 9,166,000.00 -14,107,000.00 22,801,000.00 15,038,000.00 7,764,000.00 -13,460,000.00 21,062,000.00 13,880,000.00 7,238,000.00
Cost Of Revenue 20,062,000.00 12,930,000.00 6,883,000.00 -8,733,000.00 16,291,000.00 10,086,000.00 4,540,000.00 -16,399,000.00 16,408,000.00 10,873,000.00 5,720,000.00 -19,313,000.00 14,564,000.00 9,414,000.00 4,781,000.00 -18,534,000.00 12,641,000.00 8,283,000.00 4,272,000.00
Gross Profit 7,979,000.00 5,367,000.00 2,430,000.00 -8,586,000.00 10,546,000.00 7,547,000.00 4,750,000.00 -1,126,000.00 10,294,000.00 6,800,000.00 3,446,000.00 5,206,000.00 8,237,000.00 5,624,000.00 2,983,000.00 5,074,000.00 8,421,000.00 5,597,000.00 2,966,000.00
Operating Expenses -2,555,000.00 -2,087,000.00 -1,108,000.00 -6,292,000.00 592,000.00 729,000.00 315,000.00 4,418,000.00 1,559,000.00 928,000.00 369,000.00 6,963,000.00 1,985,000.00 1,298,000.00 719,000.00 6,898,000.00 1,499,000.00 1,198,000.00 418,000.00
   Selling, General and Administrative Expenses 15,479,000.00 10,102,000.00 5,061,000.00 11,059,000.00 5,459,000.00 3,829,000.00 1,938,000.00 -3,320,000.00 5,743,000.00 3,724,000.00 1,855,000.00 -2,936,000.00 5,253,000.00 3,369,000.00 1,698,000.00 -3,051,000.00 4,593,000.00 3,157,000.00 1,564,000.00
   Research and Development Expenses 0 0 0 400,000.00 0 0 0 380,000.00 0 0 0 346,000.00 0 0 0 347,000.00 0 0 0
   Other Operating Expenses -18,034,000.00 -12,189,000.00 -6,169,000.00 -17,751,000.00 -4,867,000.00 -3,100,000.00 -1,623,000.00 7,358,000.00 -4,184,000.00 -2,796,000.00 -1,486,000.00 9,553,000.00 -3,268,000.00 -2,071,000.00 -979,000.00 9,602,000.00 -3,094,000.00 -1,959,000.00 -1,146,000.00
Operating Income 10,534,000.00 7,454,000.00 3,538,000.00 -2,294,000.00 9,954,000.00 6,818,000.00 4,435,000.00 -5,544,000.00 8,735,000.00 5,872,000.00 3,077,000.00 -1,757,000.00 6,252,000.00 4,326,000.00 2,264,000.00 -1,824,000.00 6,922,000.00 4,399,000.00 2,548,000.00
Net Non-Operating Income -8,439,000.00 -6,054,000.00 -2,993,000.00 -2,323,000.00 -5,290,000.00 -3,286,000.00 -1,753,000.00 1,096,000.00 -4,018,000.00 -2,486,000.00 -852,000.00 -248,000.00 -3,796,000.00 -2,508,000.00 -1,305,000.00 -119,000.00 -3,696,000.00 -2,422,000.00 -1,439,000.00
Interest Expense 445,000.00 288,000.00 137,000.00 -247,000.00 381,000.00 252,000.00 122,000.00 -333,000.00 432,000.00 298,000.00 153,000.00 -137,000.00 294,000.00 180,000.00 91,000.00 -196,000.00 275,000.00 188,000.00 98,000.00
EBT 2,095,000.00 1,400,000.00 545,000.00 -4,617,000.00 4,664,000.00 3,532,000.00 2,682,000.00 -4,448,000.00 4,717,000.00 3,386,000.00 2,225,000.00 -2,005,000.00 2,456,000.00 1,818,000.00 959,000.00 -1,943,000.00 3,226,000.00 1,977,000.00 1,109,000.00
Income Tax 521,000.00 384,000.00 154,000.00 -1,343,000.00 1,253,000.00 927,000.00 632,000.00 -1,327,000.00 1,280,000.00 926,000.00 658,000.00 -351,000.00 595,000.00 411,000.00 210,000.00 -584,000.00 952,000.00 610,000.00 212,000.00
Equity Method Investments Income 54,000.00 35,000.00 16,000.00 -75,000.00 133,000.00 79,000.00 31,000.00 -97,000.00 116,000.00 106,000.00 35,000.00 -247,000.00 300,000.00 215,000.00 117,000.00 -160,000.00 290,000.00 185,000.00 78,000.00
Net Income Including Non-Controlling Interests 1,775,000.00 1,035,000.00 397,000.00 -1,673,000.00 2,857,000.00 2,007,000.00 1,408,000.00 -4,143,000.00 4,000,000.00 3,020,000.00 2,073,000.00 -1,589,000.00 2,126,000.00 1,595,000.00 849,000.00 -1,984,000.00 3,285,000.00 2,031,000.00 954,000.00
Net Income Non-Controlling Interests 11,000.00 8,000.00 5,000.00 -7,000.00 9,000.00 6,000.00 4,000.00 -13,000.00 9,000.00 5,000.00 8,000.00 -12,000.00 8,000.00 7,000.00 6,000.00 -13,000.00 12,000.00 8,000.00 7,000.00
Net Income 1,786,000.00 1,043,000.00 402,000.00 -1,680,000.00 2,866,000.00 2,013,000.00 1,412,000.00 -4,156,000.00 4,009,000.00 3,025,000.00 2,081,000.00 -1,601,000.00 2,134,000.00 1,602,000.00 855,000.00 -1,997,000.00 3,297,000.00 2,039,000.00 961,000.00
EBIT 2,540,000.00 1,688,000.00 682,000.00 -4,864,000.00 5,045,000.00 3,784,000.00 2,804,000.00 -4,781,000.00 5,149,000.00 3,684,000.00 2,378,000.00 -2,142,000.00 2,750,000.00 1,998,000.00 1,050,000.00 -2,139,000.00 3,501,000.00 2,165,000.00 1,207,000.00
Deprecation and Amortization 1,006,000.00 663,000.00 324,000.00 -624,000.00 971,000.00 636,000.00 319,000.00 -583,000.00 902,000.00 593,000.00 303,000.00 -535,000.00 819,000.00 548,000.00 275,000.00 -572,000.00 837,000.00 564,000.00 284,000.00
EBITDA 3,546,000.00 2,351,000.00 1,006,000.00 -5,488,000.00 6,016,000.00 4,420,000.00 3,123,000.00 -5,364,000.00 6,051,000.00 4,277,000.00 2,681,000.00 -2,677,000.00 3,569,000.00 2,546,000.00 1,325,000.00 -2,711,000.00 4,338,000.00 2,729,000.00 1,491,000.00
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 1,296,000.00 1,298,000.00 1,301,000.00 1,327,000.00 1,343,000.00 1,346,000.00 1,348,000.00 1,357,000.00 1,364,000.00 1,365,000.00 1,366,000.00 1,357,000.00 1,381,000.00 1,385,000.00 1,389,000.00 1,384,000.00 1,406,000.00 1,410,000.00 1,412,000.00
Average Shares Outstanding Diluted 1,300,000.00 1,301,000.00 1,305,000.00 1,332,000.00 1,349,000.00 1,352,000.00 1,355,000.00 1,363,000.00 1,372,000.00 1,372,000.00 1,373,000.00 1,360,000.00 1,389,000.00 1,393,000.00 1,398,000.00 1,396,000.00 1,415,000.00 1,419,000.00 1,422,000.00
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 2,117,000.00 1,400,000.00 1,092,000.00 -2,011,000.00 3,451,000.00 2,146,000.00 1,324,000.00 -1,532,000.00 3,150,000.00 1,973,000.00 1,123,000.00 -1,706,000.00 2,516,000.00 1,967,000.00 1,131,000.00 -1,286,000.00 2,720,000.00 1,792,000.00 915,000.00
   Operating Net Income 1,797,000.00 1,051,000.00 407,000.00 -1,687,000.00 2,875,000.00 2,019,000.00 1,416,000.00 1,725,000.00 4,018,000.00 3,030,000.00 2,089,000.00 3,824,000.00 2,142,000.00 1,609,000.00 861,000.00 4,918,000.00 3,309,000.00 2,047,000.00 968,000.00
   Deprecation and Amortization 1,006,000.00 663,000.00 324,000.00 -624,000.00 971,000.00 636,000.00 319,000.00 -583,000.00 902,000.00 593,000.00 303,000.00 -535,000.00 819,000.00 548,000.00 275,000.00 -572,000.00 837,000.00 564,000.00 284,000.00
   Deferred Income Tax -158,000.00 -69,000.00 -96,000.00 -385,000.00 167,000.00 205,000.00 270,000.00 -346,000.00 9,000.00 101,000.00 199,000.00 19,000.00 41,000.00 -32,000.00 -70,000.00 -80,000.00 159,000.00 92,000.00 34,000.00
   Share Based Compensation 84,000.00 65,000.00 18,000.00 -65,000.00 112,000.00 69,000.00 31,000.00 -76,000.00 109,000.00 75,000.00 38,000.00 -48,000.00 88,000.00 56,000.00 24,000.00 -55,000.00 88,000.00 63,000.00 25,000.00
   Change in Working Capital 27,000.00 -1,171,000.00 647,000.00 -343,000.00 1,226,000.00 230,000.00 1,205,000.00 -2,825,000.00 1,938,000.00 776,000.00 1,692,000.00 -1,699,000.00 2,258,000.00 1,097,000.00 1,329,000.00 -1,758,000.00 1,207,000.00 388,000.00 899,000.00
   Other Operating Activities -639,000.00 861,000.00 -208,000.00 1,093,000.00 -1,900,000.00 -1,013,000.00 -1,917,000.00 573,000.00 -3,826,000.00 -2,602,000.00 -3,198,000.00 -3,267,000.00 -2,832,000.00 -1,311,000.00 -1,288,000.00 -3,739,000.00 -2,880,000.00 -1,362,000.00 -1,295,000.00
Investing Cash Flow -930,000.00 -591,000.00 -251,000.00 2,989,000.00 -1,170,000.00 -847,000.00 -446,000.00 -860,000.00 1,786,000.00 1,250,000.00 636,000.00 962,000.00 -3,410,000.00 -999,000.00 -1,441,000.00 778,000.00 106,000.00 -220,000.00 -690,000.00
   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 889,000.00 590,000.00 278,000.00 -583,000.00 998,000.00 687,000.00 301,000.00 -367,000.00 780,000.00 495,000.00 223,000.00 -267,000.00 621,000.00 385,000.00 167,000.00 898,000.00 639,000.00 410,000.00 216,000.00
   Net Purchase/Sale of Investments Net -65,000.00 -30,000.00 -22,000.00 -369,000.00 249,000.00 206,000.00 192,000.00 -281,000.00 180,000.00 234,000.00 176,000.00 0 -585,000.00 -193,000.00 -78,000.00 0 -80,000.00 -25,000.00 -16,000.00
   Net Purchase/Sale of Business 15,000.00 15,000.00 15,000.00 240,000.00 0 0 0 20,000.00 -19,000.00 -19,000.00 -1,000.00 -1,512,000.00 3,978,000.00 1,402,000.00 1,418,000.00 -1,323,000.00 833,000.00 833,000.00 490,000.00
   Other Investing Activities -1,769,000.00 -1,166,000.00 -522,000.00 3,701,000.00 -2,417,000.00 -1,740,000.00 -939,000.00 -232,000.00 845,000.00 540,000.00 238,000.00 1,885,000.00 -7,424,000.00 -2,593,000.00 -2,948,000.00 1,082,000.00 -1,286,000.00 -1,438,000.00 -1,380,000.00
Financing Cash Flow -1,346,000.00 -862,000.00 -704,000.00 -395,000.00 -2,558,000.00 -1,604,000.00 -1,223,000.00 2,812,000.00 -5,074,000.00 -3,539,000.00 -1,757,000.00 3,637,000.00 -297,000.00 -2,516,000.00 -1,280,000.00 3,911,000.00 -2,971,000.00 -3,228,000.00 -1,781,000.00
   Net Issuance/Repayment of Debt 3,376,000.00 2,836,000.00 453,000.00 -390,000.00 4,188,000.00 1,271,000.00 1,081,000.00 -2,650,000.00 2,410,000.00 2,312,000.00 1,036,000.00 -11,590,000.00 9,526,000.00 5,320,000.00 5,297,000.00 -12,189,000.00 12,498,000.00 6,433,000.00 6,405,000.00
   Net Issuance/Repurchase of Equity 1,893,000.00 1,653,000.00 1,522,000.00 -495,000.00 1,187,000.00 1,074,000.00 568,000.00 -107,000.00 659,000.00 596,000.00 399,000.00 -2,078,000.00 1,838,000.00 1,506,000.00 751,000.00 -2,258,000.00 1,824,000.00 1,498,000.00 1,046,000.00
   Dividends Paid 1,842,000.00 1,233,000.00 623,000.00 -1,102,000.00 1,722,000.00 1,151,000.00 578,000.00 -1,005,000.00 1,581,000.00 1,055,000.00 529,000.00 -940,000.00 1,457,000.00 977,000.00 491,000.00 -860,000.00 1,337,000.00 896,000.00 453,000.00
   Other Financing Activities -8,457,000.00 -6,584,000.00 -3,302,000.00 1,592,000.00 -9,655,000.00 -5,100,000.00 -3,450,000.00 6,574,000.00 -9,724,000.00 -7,502,000.00 -3,721,000.00 18,245,000.00 -13,118,000.00 -10,319,000.00 -7,819,000.00 19,218,000.00 -18,630,000.00 -12,055,000.00 -9,685,000.00
Net Change in Cash 66,000.00 187,000.00 225,000.00 662,000.00 -311,000.00 -413,000.00 -422,000.00 611,000.00 -271,000.00 -395,000.00 -9,000.00 2,971,000.00 -1,358,000.00 -1,618,000.00 -1,600,000.00 3,417,000.00 -242,000.00 -1,681,000.00 -1,591,000.00
   Cash at Beginning of Period 1,400,000.00 1,400,000.00 1,400,000.00 738,000.00 1,884,000.00 1,884,000.00 1,884,000.00 1,273,000.00 1,948,000.00 1,948,000.00 1,948,000.00 -1,023,000.00 3,553,000.00 3,553,000.00 3,553,000.00 136,000.00 3,650,000.00 3,650,000.00 3,650,000.00
   Cash at End of Period 1,466,000.00 1,587,000.00 1,625,000.00 1,400,000.00 1,573,000.00 1,471,000.00 1,462,000.00 1,884,000.00 1,677,000.00 1,553,000.00 1,939,000.00 1,948,000.00 2,195,000.00 1,935,000.00 1,953,000.00 3,553,000.00 3,408,000.00 1,969,000.00 2,059,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0