Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Price to Earnings 10.62 7.52
Price to Sales
Book Value Per Common Share 15.79 15.88
Price to Book
Price to Operating Cash Flow -110.30 4.55
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 2022-09-30
Price to Earnings 14.80 66.42 40.19 13.00 20.46 38.56 10.50 14.78 24.78 30.06
Price to Sales 57.57
Book Value Per Common Share 14.75
Price to Book 0.86
Price to Operating Cash Flow -19.98 -12.93 -9.17 -18.17 -18.24 104.74 7.62 15.16 16.26 7.58
Price to Free Cash Flow -12.93
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Earning YoY -30.22 42.19 -25.15
Revenue YoY -23.69
EBITDA YoY
Net Profit YoY -16.79 44.19 -26.37
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
Earning YoY 326.32 -40.63 39.19 89.74 54.12 84.78 35.29
Revenue YoY
EBITDA YoY
Net Profit YoY 318.99 -40.27 55.61 88.49 53.95

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Cash Per Common Share 0.95 1.43
Quick Ratio
Current Ratio
Debt to Equity 1.27 1.49 1.59 1.46
Long-Term Debt to Equity
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
Cash Per Common Share 0.67 0.89 0.79 0.97 1.01 0.76 1.43 0.66 0.75 1.06 0.93
Quick Ratio
Current Ratio
Debt to Equity 1.42 1.52 1.41 1.27 1.27 1.54 1.43 1.49 1.46 1.52 1.51 1.54
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
ROA 3.10 4.75 3.17 4.40
ROE 7.04 11.81 8.20 10.79
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 85.16 88.26
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
ROA 2.29 0.52 0.90 2.32 1.88 1.04 3.48 2.22
ROE 5.55 1.32 2.18 5.28 4.79 2.53 8.58 5.60
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 88.56

Dividends

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Dividend Yield
Dividend Payout Ratio 113.33 94.51
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
Dividend Yield 0.00
Dividend Payout Ratio 195.73

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Assets 3,190,950.00 2,501,331.00 2,600,121.00 2,544,489.00
      Cash and Short-Term Investments 74,357.00 93,575.00 0 0
            Cash and Cash Equivalents 74,357.00 93,575.00 30,598.00 54,624.00
            Short-Term Investments 0 0 0 0
      Net Receivables 76,484.00 24,237.00 28,626.00 18,279.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 2,523,173.00 2,449,151.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 1,786,304.00 1,496,021.00 1,595,289.00 1,508,159.00
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 26,248.00 25,589.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 0 0 1,550,608.00 1,465,371.00
      Other Non-Current Liabilities 0 0 0 0
Equity 1,404,646.00 1,005,310.00 1,004,832.00 1,036,330.00
   Shareholders Equity 0 0 1,004,832.00 1,036,330.00
      Capital Stock 94.00 65.00 62.00 65.00
      Share Premium 2,658,090.00 2,103,718.00 2,078,760.00 2,099,876.00
      Retained Earnings -1,283,502.00 -1,049,366.00 -1,073,990.00 -1,063,611.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Debt 2,153,981.00 1,864,627.00 1,550,608.00 1,465,371.00
Net Debt 2,079,624.00 1,771,052.00 1,520,010.00 1,410,747.00
Common Shares Outstanding 93,780.28 65,253.28 63,647.24 65,259.18
Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Revenues 0 0 96,715.00 126,734.00
Cost Of Revenue 769.00 1,306.00 0 0
Interest Income 0 0 204,186.00 210,525.00
Interest Expense 115,961.00 104,198.00 55,020.00 55,416.00
Non-Interest Expense 0 0 14,941.00 15,260.00
Operating Expenses 169,255.00 162,103.00 14,351.00 14,873.00
   Selling, General and Administrative Expenses 8,176.00 10,131.00 14,941.00 15,260.00
   Other Operating Expenses 161,079.00 151,972.00 -590.00 -387.00
EBT 0 0 82,364.00 111,861.00
Income Tax 0.00 0.00 0 0
Net Income Including Non-Controlling Interests 0 0 82,364.00 111,861.00
Net Income 98,819.00 118,760.00 82,364.00 111,861.00
Deprecation and Amortization 8,889.00 7,751.00 0 0
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0 0 0.00 0.00
Average Shares Outstanding Basic 77,957.92 65,330.35 64,346.88 65,415.79
Average Shares Outstanding Diluted 0 0 64,346.88 65,415.79
Breakdown 2024-12-31 2023-12-31 2022-03-31 2021-03-31
Operating Cash Flow -9,532.00 196,381.00 -2,677.00 470,671.00
   Operating Net Income 99,875.00 71,404.00 82,364.00 111,861.00
   Deprecation and Amortization 8,889.00 7,751.00 0 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital -19,083.00 5,098.00 -1,048.00 3,642.00
   Other Operating Activities -99,213.00 112,128.00 -83,993.00 355,168.00
Investing Cash Flow 0 0 0 0
   Capital Expenditure 0.00 0.00 0 0
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 0 0
Financing Cash Flow -36,762.00 -161,360.00 -21,331.00 -459,700.00
   Net Issuance/Repayment of Debt 780,486.00 1,285,880.00 93,444.00 -343,809.00
   Net Issuance/Repurchase of Equity 0 2,297.00 -21,100.00 0
   Dividends Paid 139,623.00 123,477.00 -93,342.00 -105,720.00
   Other Financing Activities -956,871.00 -1,573,014.00 -333.00 -10,171.00
Net Change in Cash -46,294.00 35,021.00 -24,008.00 10,971.00
   Cash at Beginning of Period 122,080.00 87,107.00 54,624.00 43,676.00
   Cash at End of Period 75,786.00 122,128.00 30,598.00 54,624.00
Free Cash Flow 0 0 -2,677.00 470,671.00
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 2022-09-30
Assets 3,309,494.00 3,461,883.00 3,355,699.00 3,190,950.00 3,216,032.00 2,551,126.00 2,445,062.00 2,501,331.00 2,455,071.00 2,503,248.00 2,489,265.00 2,566,030.00
      Cash and Short-Term Investments 62,502.00 0 83,703.00 74,357.00 84,480.00 66,169.00 49,611.00 93,575.00 42,951.00 49,369.00 69,676.00 60,281.00
            Cash and Cash Equivalents 62,502.00 71,896.00 83,703.00 74,357.00 84,480.00 66,169.00 49,611.00 93,575.00 42,951.00 49,369.00 69,676.00 60,281.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 38,441.00 38,032.00 57,497.00 76,484.00 81,494.00 20,744.00 22,324.00 24,237.00 20,670.00 18,032.00 16,043.00 13,198.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 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
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 3,327,482.00 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
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 1,941,574.00 2,085,962.00 1,962,439.00 1,786,304.00 1,799,809.00 1,547,367.00 1,439,061.00 1,496,021.00 1,458,226.00 1,511,571.00 1,495,897.00 1,554,994.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 21,334.00 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 2,051,654.00 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
Equity 1,367,920.00 1,375,921.00 1,393,260.00 1,404,646.00 1,416,223.00 1,003,759.00 1,006,001.00 1,005,310.00 996,845.00 991,677.00 993,368.00 1,011,036.00
   Shareholders Equity 0 1,375,921.00 0 0 0 0 0 0 0 0 0 0
      Capital Stock 93.00 93.00 94.00 94.00 94.00 65.00 65.00 65.00 65.00 65.00 65.00 62.00
      Share Premium 2,652,015.00 2,652,015.00 2,652,015.00 2,658,090.00 2,543,830.00 2,103,718.00 2,103,718.00 2,103,718.00 2,104,823.00 2,104,823.00 2,107,121.00 2,107,124.00
      Retained Earnings -1,284,188.00 -1,276,187.00 -1,258,849.00 -1,283,502.00 -1,127,701.00 -1,100,024.00 -1,097,782.00 -1,049,366.00 -1,108,043.00 -1,113,211.00 0 0
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 33.00 0 0 0 0 0 0 0 0 0
Debt 1,915,074.00 2,051,654.00 2,337,602.00 2,153,981.00 2,175,194.00 1,913,912.00 1,807,481.00 1,864,627.00 1,434,497.00 1,482,515.00 1,470,852.00 1,504,400.00
Net Debt 1,852,572.00 1,979,758.00 2,253,899.00 2,079,624.00 2,090,714.00 1,847,743.00 1,757,870.00 1,771,052.00 1,391,546.00 1,433,146.00 1,401,176.00 1,444,119.00
Common Shares Outstanding 93,303.62 93,303.62 93,303.62 93,780.28 93,780.28 65,253.28 65,253.28 65,253.28 65,253.28 65,253.28 65,451.36 65,451.36
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
Revenues 0 20,456.00 0 0 0 0 0 0 0 0 0 0
Cost Of Revenue 1,370.00 0 806.00 -430.00 597.00 434.00 168.00 -469.00 1,089.00 686.00 0 0
Interest Income 0 80,827.00 0 0 0 0 0 0 0 0 0 0
Interest Expense 96,083.00 32,581.00 30,464.00 -48,412.00 85,024.00 53,170.00 26,179.00 -48,379.00 77,043.00 50,768.00 24,766.00 36,603.00
Non-Interest Expense 0 2,621.00 0 0 0 0 0 0 0 0 0 0
Operating Expenses 137,904.00 2,341.00 45,222.00 -74,537.00 124,001.00 79,836.00 39,955.00 -75,526.00 119,703.00 79,022.00 38,904.00 66,808.00
   Selling, General and Administrative Expenses 4,457.00 2,621.00 1,248.00 -4,663.00 6,478.00 4,232.00 2,129.00 -3,603.00 6,986.00 4,492.00 2,256.00 4,382.00
   Other Operating Expenses 133,447.00 -280.00 43,974.00 -69,874.00 117,523.00 75,604.00 37,826.00 -71,923.00 112,717.00 74,530.00 36,648.00 62,426.00
EBT 0 18,115.00 0 0 0 0 0 0 0 0 0 0
Income Tax 0.00 0 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 18,115.00 0 0 0 0 0 0 0 0 0 0
Net Income 75,900.00 18,115.00 30,330.00 -49,475.00 74,761.00 48,044.00 25,489.00 -22,276.00 85,500.00 55,536.00 0 0
Deprecation and Amortization 5,218.00 0 1,863.00 -2,750.00 6,126.00 3,577.00 1,936.00 -5,494.00 6,161.00 4,587.00 2,497.00 4,249.00
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
Diluted EPS 0 0.00 0 0.00 0 0 0 0.00 0 0 0 0
Average Shares Outstanding Basic 93,426.71 93,303.62 93,677.00 94,056.47 87,268.68 65,253.28 65,253.28 65,105.01 65,356.32 65,408.70 65,451.36 64,737.12
Average Shares Outstanding Diluted 0 93,303.62 0 0.00 0 0 0 0.00 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 2022-09-30
Operating Cash Flow -56,079.00 -91,040.00 -131,308.00 99,573.00 -64,305.00 -54,172.00 9,372.00 -21,642.00 117,958.00 54,193.00 45,872.00 87,241.00
   Operating Net Income 75,900.00 18,117.00 30,330.00 -48,419.00 74,761.00 48,044.00 25,489.00 -99,764.00 85,500.00 55,536.00 30,132.00 23,220.00
   Deprecation and Amortization 5,218.00 0 1,863.00 -2,750.00 6,126.00 3,577.00 1,936.00 -5,494.00 6,161.00 4,587.00 2,497.00 4,249.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital 9,335.00 -658.00 5,347.00 -6,122.00 -12,274.00 -323.00 -364.00 24,179.00 -5,834.00 -4,708.00 -8,539.00 1,946.00
   Other Operating Activities -146,532.00 -108,499.00 -168,848.00 156,864.00 -132,918.00 -105,470.00 -17,689.00 59,437.00 32,131.00 -1,222.00 21,782.00 57,826.00
Investing Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0
   Capital Expenditure 0.00 0 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
   Net Purchase/Sale of Investments Net 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
   Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow 46,716.00 77,857.00 140,534.00 18,998.00 27,003.00 -894.00 -81,869.00 154,529.00 -161,895.00 -91,099.00 -62,895.00 -55,961.00
   Net Issuance/Repayment of Debt 2,882,594.00 113,280.00 1,862,282.00 -418,866.00 599,988.00 377,693.00 221,671.00 628,810.00 334,438.00 216,438.00 106,194.00 334,543.00
   Net Issuance/Repurchase of Equity 6,079.00 0 6,079.00 0 0 0 0 -2,297.00 2,297.00 2,297.00 0 31,638.00
   Dividends Paid 106,547.00 -35,456.00 35,636.00 -38,758.00 103,988.00 49,595.00 24,798.00 -98,178.00 98,681.00 73,885.00 49,089.00 45,780.00
   Other Financing Activities -2,948,504.00 33.00 -1,763,463.00 476,622.00 -676,973.00 -428,182.00 -328,338.00 -373,806.00 -597,311.00 -383,719.00 -218,178.00 -467,922.00
Net Change in Cash -9,363.00 -13,183.00 9,226.00 118,571.00 -37,302.00 -55,066.00 -72,497.00 132,887.00 -43,937.00 -36,906.00 -17,023.00 31,280.00
   Cash at Beginning of Period 75,822.00 85,033.00 75,807.00 -42,785.00 122,108.00 122,103.00 122,109.00 -10,759.00 87,087.00 87,103.00 87,087.00 30,456.00
   Cash at End of Period 66,459.00 71,896.00 85,033.00 75,786.00 84,806.00 67,037.00 49,612.00 122,128.00 43,150.00 50,197.00 70,064.00 61,736.00
Free Cash Flow 0 -91,040.00 0 0 0 0 0 0 0 0 0 0