Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -2.87 -4.71 -2.27 -13.19
Price to Sales 12.78 28.30 18.50 27.80
Book Value Per Common Share 0.87 2.17 2.43 4.16 5.40
Price to Book 7.04 3.23 2.68 5.70
Price to Operating Cash Flow -4.07 -3.76 -4.03 -99.50
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 2020-12-31
Price to Earnings -5.11 -6.59 -13.29 -2.57 -3.90 -18.97 -2.57 -5.84 -8.34 -3.67 -5.18 -19.79 -8.34 -15.66
Price to Sales 109.44 92.61 277.87 23.40 276.97 556.88 22.36 50.83 75.47 17.69 20.59 109.40 34.89 70.33 139.02
Book Value Per Common Share -1.01 0.04 0.42 0.87 1.23 1.24 1.89 2.17 1.54 2.07 1.86 2.43 2.74 3.18 3.61 4.16 4.24 4.64 4.99 5.40
Price to Book -8.17 177.17 16.27 7.04 3.38 3.40 3.21 3.23 3.18 3.24 2.78 2.68 3.07 2.38 3.84 5.70 3.11 3.34 2.89
Price to Operating Cash Flow -7.10 -6.44 -14.55 -3.43 -4.81 -10.58 -2.95 -5.26 -6.72 -6.60 -9.35 -74.26 -19.80 -56.10 70.32
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 137.42 -11.95 -57.77 142.25
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 2020-12-31
Earning YoY
Revenue YoY 7.30 191.64 -90.23 1114.40 40.46 74.24 106.18 29.38 191.00 -16.39 71.54 111.34
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.48 2.29 2.56 3.12 4.74
Quick Ratio 1.86 2.28
Current Ratio 2.03 2.38 1.88 2.69 5.03
Debt to Equity 2.98 1.36 1.71 0.74 0.52
Long-Term Debt to Equity 2.08 0.88 1.01 0.37 0.30
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
Cash Per Common Share 0.19 0.40 0.84 1.32 1.84 1.56 1.86 2.04 1.16 1.78 1.41 2.38 2.57 1.62 2.56 3.09 3.26 3.92 4.50 4.74
Quick Ratio 0.17 0.73 1.36 1.86 2.21 2.24 3.01 2.28 1.51 1.75
Current Ratio 0.22 0.88 1.53 2.03 2.34 2.36 3.14 2.38 1.63 1.99 1.50 1.88 2.14 1.55 2.18 2.69 2.97 3.62 4.30 5.03
Debt to Equity -5.67 66.13 5.77 2.98 2.13 2.33 1.54 1.36 1.91 1.51 2.19 1.71 1.46 0.78 0.78 0.74 0.61 0.59 0.54 0.52
Long-Term Debt to Equity -1.90 48.08 4.19 2.08 1.51 1.74 1.15 0.88 1.22 0.93 1.29 1.01 0.87 0.30 0.38 0.37 0.30 0.31 0.30 0.30

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -54.79 -25.72 -40.73 -24.85 -15.95
ROE -217.89 -60.81 -110.37 -43.15 -24.31
Gross Margin
Operating Margin -404.22 -504.97 -783.10 -210.27 -371.73
EBITDA Margin -365.67 -407.02 -728.31 -189.38 -344.93
Net Profit Margin -444.10 -599.46 -814.16 -211.03 -372.63
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
ROA -68.24 -39.64 -17.85 -36.19 -25.90 -6.61 -39.01 -19.32 -10.54 -33.94 -25.75 -10.79 -22.96 -13.37 -6.95
ROE 318.78 -2661.35 -120.79 -113.22 -86.29 -16.79 -113.45 -48.53 -33.65 -83.40 -45.80 -19.25 -37.08 -21.24 -10.70
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin -2145.16 -1402.46 -2075.86 -911.70 -7054.34 -2932.86 -870.35 -872.05 -910.74 -482.37 -396.64 -551.13 -418.11 -450.05 -513.97

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 2024-12-31 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 269,751.00 326,744.00 318,237.00 320,164.00 363,697.40
   Current Assets 123,518.00 159,622.00 154,339.00 183,243.00 272,575.98
      Cash and Short-Term Investments 103,659.00 129,566.00 115,516.00 137,703.00 209,520.36
            Cash and Cash Equivalents 103,659.00 129,566.00 115,516.00 137,703.00 209,520.36
            Short-Term Investments 0 0 0 0 0
      Net Receivables 9,678.00 23,415.00 0 0 0
      Inventory 385.00 0 0 0 0
      Other Current Assets 9,796.00 6,641.00 38,823.00 45,540.00 63,055.62
   Non-Current Assets 146,233.00 167,122.00 163,898.00 136,921.00 91,121.42
      Property, Plant, Equipment Net 113,454.00 133,606.00 131,175.00 100,842.00 65,527.83
      Goodwill 0 0 0 0 0
      Intangible Assets 821.00 1,118.00 1,335.00 1,791.00 2,119.01
      Long-Term Investments 6,749.00 6,766.00 6,326.00 6,656.00 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 25,209.00 25,632.00 25,062.00 27,632.00 23,474.59
Liabilities 201,924.00 188,567.00 200,799.00 135,763.00 125,138.15
   Current Liabilities 60,783.00 67,078.00 82,072.00 68,128.00 54,147.06
      Payables and Expenses 51,000.00 58,681.00 56,434.00 42,934.00 27,995.02
            Account Payables 23,586.00 16,042.00 16,616.00 15,348.00 7,134.20
            Current Accrued Liabilities 27,414.00 42,639.00 39,818.00 27,586.00 20,860.82
      Short-Term Debt 4,053.00 4,193.00 3,884.00 3,374.00 2,583.00
      Other Current Liabilities 5,730.00 4,204.00 21,754.00 21,820.00 23,569.04
   Non-Current Liabilities 141,141.00 121,489.00 118,727.00 67,635.00 70,991.10
      Long-Term Debt 80,744.00 85,071.00 88,626.00 21,312.00 19,665.84
      Other Non-Current Liabilities 60,397.00 36,418.00 30,101.00 46,323.00 51,325.25
Equity 67,827.00 138,177.00 117,438.00 184,401.00 238,559.25
   Shareholders Equity 67,827.00 138,177.00 117,738.00 185,401.00 238,559.25
      Capital Stock 3.00 2.00 2.00 2.00 1.72
      Share Premium 773,565.00 693,841.00 581,893.00 528,659.00 504,482.39
      Retained Earnings -702,022.00 -554,231.00 -470,204.00 -340,589.00 -261,027.96
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -3,719.00 -1,435.00 6,047.00 -2,671.00 -4,896.91
   Minority Interest 0 0 0 0 0
Investments 6,749.00 6,766.00 6,326.00 6,656.00 0
Debt 84,797.00 89,264.00 92,510.00 24,686.00 22,248.84
Common Shares Outstanding 78,397.38 63,601.01 48,477.21 44,548.93 44,189.15
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 33,279.00 14,017.00 15,920.00 37,701.00 15,562.99
Operating Expenses 197,491.00 151,078.00 132,275.00 110,893.00 78,117.40
   Selling, General and Administrative Expenses 78,007.00 47,293.00 46,550.00 43,765.00 44,206.92
   Research and Development Expenses 119,484.00 103,785.00 86,425.00 68,038.00 35,717.10
   Other Operating Expenses 0.00 0.00 -700.00 -910.00 -1,806.62
Operating Income -164,212.00 -137,061.00 -116,355.00 -73,192.00 -62,554.42
Net Non-Operating Income 16,421.00 53,034.00 -13,261.00 -6,369.00 4,562.41
Interest Income 17,417.00 15,517.00 5,723.00 500.00 1,414.67
Interest Expense 13,272.00 13,245.00 4,946.00 288.00 139.20
Net Interest 4,145.00 2,272.00 777.00 212.00 1,275.46
EBT -147,791.00 -84,027.00 -129,616.00 -79,561.00 -57,992.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -147,791.00 -84,027.00 -129,615.00 -79,561.00 -57,992.00
EBIT -134,519.00 -70,782.00 -124,670.00 -79,273.00 -57,852.80
Deprecation and Amortization 12,828.00 13,730.00 8,723.00 7,873.00 4,171.63
EBITDA -121,691.00 -57,052.00 -115,947.00 -71,400.00 -53,681.18
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 69,822.35 56,486.53 45,177.86 44,139.65 0
Average Shares Outstanding Diluted 69,822.35 56,486.53 45,177.86 44,139.65 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -104,495.00 -105,365.00 -73,098.00 -10,530.00 -63,967.80
   Operating Net Income -147,791.00 -84,027.00 -129,615.00 -79,561.00 -57,992.00
   Deprecation and Amortization 12,828.00 13,730.00 8,723.00 7,873.00 4,171.63
   Deferred Income Tax -24,038.00 -9,661.00 -25,955.00 -36,957.00 -15,787.65
   Share Based Compensation 25,191.00 27,716.00 28,623.00 20,784.00 24,962.27
   Change in Working Capital 16,936.00 -13,065.00 4,433.00 -3,514.00 8,485.88
   Other Operating Activities 12,379.00 -40,058.00 40,693.00 80,845.00 -27,807.93
Investing Cash Flow 23,479.00 34,034.00 -44,963.00 -61,717.00 -37,020.43
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 4,955.00 20,174.00 44,963.00 46,351.00 23,051.94
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 18,524.00 13,860.00 -89,926.00 -108,068.00 -60,072.37
Financing Cash Flow 54,534.00 84,023.00 95,200.00 1,708.00 82,727.38
   Net Issuance/Repayment of Debt 0 0 0 1.00 23.05
   Net Issuance/Repurchase of Equity 150,990.00 91,960.00 231.00 1,709.00 87,891.44
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -96,456.00 -7,937.00 94,969.00 -2.00 -5,187.11
Net Change in Cash -26,482.00 12,692.00 -22,861.00 -70,539.00 -18,260.85
   Cash at Beginning of Period 132,182.00 117,957.00 138,377.00 208,242.00 227,781.20
   Cash at End of Period 105,700.00 130,649.00 115,516.00 137,703.00 209,520.36
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 189,471.00 198,716.00 224,014.00 269,751.00 299,488.00 266,651.00 309,235.00 326,744.00 267,194.00 310,263.00 288,140.00 318,237.00 301,412.00 252,461.00 287,693.00 320,164.00 303,336.00 326,768.00 339,676.00 363,697.40
   Current Assets 34,174.00 47,084.00 79,889.00 123,518.00 139,046.00 110,774.00 149,300.00 159,622.00 103,531.00 143,144.00 121,481.00 154,339.00 155,036.00 104,412.00 142,925.00 183,243.00 176,931.00 207,044.00 230,126.00 272,575.98
      Cash and Short-Term Investments 14,841.00 32,166.00 66,523.00 103,659.00 122,873.00 99,974.00 119,206.00 129,566.00 63,365.00 92,773.00 68,784.00 115,516.00 114,706.00 72,108.00 113,781.00 137,703.00 143,634.00 172,556.00 199,410.00 209,520.36
            Cash and Cash Equivalents 14,841.00 32,166.00 66,523.00 103,659.00 122,873.00 99,974.00 119,206.00 129,566.00 63,365.00 92,773.00 68,784.00 115,516.00 114,706.00 72,108.00 113,781.00 137,703.00 143,634.00 172,556.00 199,410.00 209,520.36
            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 11,810.00 6,791.00 4,955.00 9,678.00 8,431.00 5,185.00 24,086.00 23,415.00 32,411.00 32,690.00 0 0 0 0 0 0 0 0 0 0
      Inventory 0 314.00 607.00 385.00 0 0 0 0 732.00 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 7,523.00 7,813.00 7,804.00 9,796.00 7,742.00 5,615.00 6,008.00 6,641.00 7,023.00 17,681.00 52,697.00 38,823.00 40,330.00 32,304.00 29,144.00 45,540.00 33,297.00 34,488.00 30,716.00 63,055.62
   Non-Current Assets 155,297.00 151,632.00 144,125.00 146,233.00 160,442.00 155,877.00 159,935.00 167,122.00 163,663.00 167,119.00 166,659.00 163,898.00 146,376.00 148,049.00 144,768.00 136,921.00 126,405.00 119,724.00 109,550.00 91,121.42
      Property, Plant, Equipment Net 120,717.00 116,636.00 110,756.00 113,454.00 125,323.00 122,667.00 126,247.00 133,606.00 131,126.00 134,497.00 133,807.00 131,175.00 115,333.00 114,726.00 109,092.00 100,842.00 87,280.00 79,345.00 69,326.00 65,527.83
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 653.00 742.00 773.00 821.00 951.00 969.00 1,038.00 1,118.00 1,140.00 1,252.00 1,295.00 1,335.00 1,293.00 1,474.00 1,668.00 1,791.00 1,861.00 1,994.00 2,060.00 2,119.01
      Long-Term Investments 6,749.00 6,749.00 6,749.00 6,749.00 6,766.00 6,766.00 6,766.00 6,766.00 6,326.00 6,326.00 6,326.00 6,326.00 6,656.00 6,656.00 6,656.00 6,656.00 6,665.00 6,665.00 6,665.00 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 27,178.00 27,505.00 25,847.00 25,209.00 27,402.00 25,475.00 25,884.00 25,632.00 25,071.00 25,044.00 25,231.00 25,062.00 23,094.00 25,193.00 27,352.00 27,632.00 30,599.00 31,720.00 31,499.00 23,474.59
Liabilities 230,028.00 195,756.00 190,915.00 201,924.00 203,752.00 186,612.00 187,501.00 188,567.00 175,308.00 186,736.00 197,918.00 200,799.00 178,742.00 110,489.00 126,409.00 135,763.00 115,497.00 121,046.00 118,882.00 125,138.15
   Current Liabilities 152,922.00 53,436.00 52,372.00 60,783.00 59,418.00 47,006.00 47,543.00 67,078.00 63,514.00 71,803.00 81,104.00 82,072.00 72,363.00 67,505.00 65,501.00 68,128.00 59,630.00 57,253.00 53,520.00 54,147.06
      Payables and Expenses 45,409.00 41,069.00 44,254.00 51,000.00 48,845.00 38,326.00 38,576.00 58,681.00 49,024.00 53,386.00 60,822.00 56,434.00 46,467.00 41,683.00 41,679.00 42,934.00 33,347.00 29,203.00 25,150.00 27,995.02
            Account Payables 21,537.00 25,586.00 20,290.00 23,586.00 29,504.00 21,398.00 21,223.00 16,042.00 20,773.00 28,497.00 29,755.00 16,616.00 21,693.00 18,111.00 18,498.00 15,348.00 11,421.00 11,644.00 7,902.00 7,134.20
            Current Accrued Liabilities 23,872.00 15,483.00 23,964.00 27,414.00 19,341.00 16,928.00 17,353.00 42,639.00 28,251.00 24,889.00 31,067.00 39,818.00 24,774.00 23,572.00 23,181.00 27,586.00 21,926.00 17,559.00 17,248.00 20,860.82
      Short-Term Debt 76,530.00 2,647.00 3,297.00 4,053.00 4,183.00 4,212.00 4,188.00 4,193.00 4,092.00 4,126.00 4,018.00 3,884.00 3,659.00 3,634.00 3,632.00 3,374.00 3,280.00 3,173.00 2,773.00 2,583.00
      Other Current Liabilities 30,983.00 9,720.00 4,821.00 5,730.00 6,390.00 4,468.00 4,779.00 4,204.00 10,398.00 14,291.00 16,264.00 21,754.00 22,237.00 22,188.00 20,190.00 21,820.00 23,003.00 24,877.00 25,597.00 23,569.04
   Non-Current Liabilities 77,106.00 142,320.00 138,543.00 141,141.00 144,334.00 139,606.00 139,958.00 121,489.00 111,794.00 114,933.00 116,814.00 118,727.00 106,379.00 42,984.00 60,908.00 67,635.00 55,867.00 63,793.00 65,362.00 70,991.10
      Long-Term Debt 11,531.00 77,822.00 77,581.00 80,744.00 82,552.00 83,353.00 84,187.00 85,071.00 86,100.00 87,079.00 87,962.00 88,626.00 88,641.00 19,367.00 21,323.00 21,312.00 21,262.00 22,357.00 19,999.00 19,665.84
      Other Non-Current Liabilities 65,575.00 64,498.00 60,962.00 60,397.00 61,782.00 56,253.00 55,771.00 36,418.00 25,694.00 27,854.00 28,852.00 30,101.00 17,738.00 23,617.00 39,585.00 46,323.00 34,605.00 41,436.00 45,363.00 51,325.25
Equity -40,557.00 2,960.00 33,099.00 67,827.00 95,736.00 80,039.00 121,734.00 138,177.00 91,886.00 123,527.00 90,222.00 117,438.00 122,670.00 141,972.00 161,284.00 184,401.00 187,839.00 205,722.00 220,794.00 238,559.25
   Shareholders Equity -81,114.00 2,960.00 33,099.00 67,827.00 95,736.00 80,039.00 121,734.00 138,177.00 91,886.00 123,527.00 90,222.00 117,738.00 122,670.00 141,972.00 161,284.00 185,401.00 187,839.00 205,722.00 220,794.00 238,559.25
      Capital Stock 3.00 3.00 3.00 3.00 3.00 3.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 1.72
      Share Premium 797,063.00 791,280.00 780,165.00 773,565.00 763,204.00 706,943.00 699,531.00 693,841.00 659,170.00 652,521.00 587,094.00 581,893.00 550,168.00 540,958.00 533,655.00 528,659.00 521,420.00 516,027.00 510,605.00 504,482.39
      Retained Earnings -831,311.00 -780,798.00 -742,003.00 -702,022.00 -662,623.00 -623,293.00 -574,673.00 -554,231.00 -574,446.00 -530,149.00 -500,568.00 -470,204.00 -442,891.00 -405,607.00 -371,634.00 -340,589.00 -330,677.00 -304,732.00 -284,645.00 -261,027.96
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -6,312.00 -7,525.00 -5,066.00 -3,719.00 -4,848.00 -3,614.00 -3,126.00 -1,435.00 7,160.00 1,153.00 3,694.00 6,047.00 15,391.00 6,619.00 -739.00 -2,671.00 -2,906.00 -5,575.00 -5,168.00 -4,896.91
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 6,749.00 6,749.00 6,749.00 6,749.00 6,766.00 6,766.00 6,766.00 6,766.00 6,326.00 6,326.00 6,326.00 6,326.00 6,656.00 6,656.00 6,656.00 6,656.00 6,665.00 6,665.00 6,665.00 0
Debt 88,061.00 80,469.00 80,878.00 84,797.00 86,735.00 87,565.00 88,375.00 89,264.00 90,192.00 91,205.00 91,980.00 92,510.00 92,300.00 23,001.00 24,955.00 24,686.00 24,542.00 25,530.00 22,772.00 22,248.84
Net Debt 73,220.00 48,303.00 14,355.00 0 0 0 0 0 26,827.00 0 23,196.00 0 0 0 0 0 0 0 0 0
Common Shares Outstanding 80,479.68 80,446.28 79,418.44 78,397.38 77,695.42 64,684.19 64,298.69 63,601.01 59,597.15 59,535.31 48,477.21 48,477.21 44,710.68 44,710.68 44,710.68 44,548.93 44,316.39 44,309.45 44,282.07 44,189.15
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
Revenues 6,027.00 5,617.00 1,926.00 19,714.00 11,889.00 979.00 697.00 -8,168.00 11,977.00 6,874.00 3,334.00 -27,313.00 21,208.00 16,392.00 5,633.00 6,737.00 16,658.00 9,711.00 4,595.00
Operating Expenses 138,467.00 92,006.00 43,522.00 -88,249.00 144,611.00 93,660.00 47,469.00 -56,719.00 105,284.00 67,419.00 35,094.00 -67,484.00 96,508.00 68,884.00 34,367.00 -49,687.00 81,726.00 52,227.00 26,627.00
   Selling, General and Administrative Expenses 39,660.00 25,731.00 10,742.00 -8,656.00 49,112.00 24,404.00 13,147.00 -25,808.00 35,169.00 25,160.00 12,772.00 -19,052.00 32,548.00 21,786.00 11,268.00 -14,694.00 28,214.00 20,327.00 9,918.00
   Research and Development Expenses 98,807.00 66,275.00 32,780.00 -79,593.00 95,499.00 69,256.00 34,322.00 -30,911.00 70,115.00 42,259.00 22,322.00 -47,732.00 63,960.00 47,098.00 23,099.00 -36,183.00 54,612.00 32,600.00 17,009.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -700.00 0.00 0.00 0.00 1,190.00 -1,100.00 -700.00 -300.00
Operating Income -132,440.00 -86,389.00 -41,596.00 107,963.00 -132,722.00 -92,681.00 -46,772.00 48,551.00 -93,307.00 -60,545.00 -31,760.00 40,171.00 -75,300.00 -52,492.00 -28,734.00 56,424.00 -65,068.00 -42,516.00 -22,032.00
Net Non-Operating Income 0 0 0 16,421.00 0 0 0 53,034.00 0 0 0 -13,261.00 0 0 0 -6,369.00 0 0 0
Interest Income 10,682.00 7,456.00 4,014.00 -8,332.00 12,974.00 8,428.00 4,347.00 -7,222.00 11,519.00 7,615.00 3,605.00 3,018.00 2,396.00 216.00 93.00 -271.00 357.00 266.00 148.00
Interest Expense 9,142.00 6,077.00 3,043.00 -6,343.00 9,861.00 6,504.00 3,250.00 -6,026.00 9,796.00 6,415.00 3,060.00 2,659.00 2,051.00 159.00 77.00 -50.00 169.00 110.00 59.00
Net Interest 1,540.00 1,379.00 971.00 -1,989.00 3,113.00 1,924.00 1,097.00 -1,196.00 1,723.00 1,200.00 545.00 359.00 345.00 57.00 16.00 -221.00 188.00 156.00 89.00
EBT 0 0 0 -147,791.00 0 0 0 -84,027.00 0 0 0 -129,616.00 0 0 0 -79,561.00 0 0 0
Income Tax 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 Income -129,289.00 -78,776.00 -39,981.00 50,105.00 -108,392.00 -69,062.00 -20,442.00 110,524.00 -104,242.00 -59,945.00 -30,364.00 68,750.00 -102,302.00 -65,018.00 -31,045.00 57,409.00 -69,649.00 -43,704.00 -23,617.00
EBIT 0 0 0 -134,519.00 0 0 0 -70,782.00 0 0 0 -124,670.00 0 0 0 -79,273.00 0 0 0
Deprecation and Amortization 9,427.00 6,271.00 3,081.00 -6,701.00 9,757.00 6,497.00 3,275.00 -5,519.00 9,818.00 6,339.00 3,092.00 -3,829.00 6,231.00 4,203.00 2,118.00 -3,470.00 5,811.00 3,774.00 1,758.00
EBITDA 0 0 0 -121,691.00 0 0 0 -57,052.00 0 0 0 -115,947.00 0 0 0 -71,400.00 0 0 0
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
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 0
Average Shares Outstanding Basic 80,195.57 79,813.27 79,032.34 84,292.52 66,709.85 64,221.14 64,065.89 70,750.91 54,544.66 52,012.38 48,638.15 47,003.97 44,620.90 44,585.24 44,501.31 88,407.21 44,094.87 44,056.54 0
Average Shares Outstanding Diluted 80,195.57 79,813.27 79,032.34 86,292.52 66,709.85 62,221.14 64,065.89 70,750.91 54,544.66 52,012.38 48,638.15 47,003.97 44,620.90 44,585.24 44,501.31 132,463.75 44,094.87 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
Operating Cash Flow -92,990.00 -80,775.00 -36,828.00 69,662.00 -81,219.00 -56,197.00 -36,741.00 89,249.00 -90,818.00 -66,404.00 -37,392.00 28,136.00 -56,831.00 -36,105.00 -8,298.00 21,917.00 -29,358.00 -12,175.00 9,086.00
   Operating Net Income -129,289.00 -78,776.00 -39,981.00 50,105.00 -108,392.00 -69,062.00 -20,442.00 110,524.00 -104,242.00 -59,945.00 -30,364.00 68,750.00 -102,302.00 -65,018.00 -31,045.00 57,409.00 -69,649.00 -43,704.00 -23,617.00
   Deprecation and Amortization 9,427.00 6,271.00 3,081.00 -6,701.00 9,757.00 6,497.00 3,275.00 -5,519.00 9,818.00 6,339.00 3,092.00 -3,829.00 6,231.00 4,203.00 2,118.00 -3,470.00 5,811.00 3,774.00 1,758.00
   Deferred Income Tax 0 0 0 -24,038.00 0 0 0 -9,661.00 0 0 0 -25,955.00 0 0 0 -36,957.00 0 0 0
   Share Based Compensation 16,504.00 10,551.00 4,887.00 -13,613.00 19,074.00 12,770.00 6,960.00 -13,175.00 20,756.00 13,703.00 6,432.00 -15,654.00 21,818.00 14,881.00 7,578.00 -9,412.00 15,359.00 10,020.00 4,817.00
   Change in Working Capital 19,308.00 -17,239.00 -14,071.00 33,060.00 980.00 -18,362.00 1,258.00 18,400.00 -20,268.00 -11,036.00 -161.00 49,120.00 -10,043.00 -19,451.00 -15,193.00 104,289.00 -36,839.00 -35,712.00 -35,252.00
   Other Operating Activities -8,940.00 -1,582.00 9,256.00 30,849.00 -2,638.00 11,960.00 -27,792.00 -11,320.00 3,118.00 -15,465.00 -16,391.00 -44,296.00 27,465.00 29,280.00 28,244.00 -89,942.00 55,960.00 53,447.00 61,380.00
Investing Cash Flow -3,018.00 -2,471.00 -1,710.00 -54,569.00 24,697.00 26,011.00 27,340.00 73,363.00 -17,144.00 -13,580.00 -8,605.00 30,428.00 -36,471.00 -26,460.00 -12,460.00 17,942.00 -36,348.00 -24,443.00 -18,868.00
   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 4,090.00 3,417.00 1,710.00 -3,467.00 3,737.00 3,007.00 1,678.00 -19,155.00 17,144.00 13,580.00 8,605.00 -30,428.00 36,471.00 26,460.00 12,460.00 9,790.00 21,982.00 10,077.00 4,502.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0
   Other Investing Activities -7,108.00 -5,888.00 -3,420.00 -51,102.00 20,960.00 23,004.00 25,662.00 92,518.00 -34,288.00 -27,160.00 -17,210.00 60,856.00 -72,942.00 -52,920.00 -24,920.00 8,152.00 -58,330.00 -34,520.00 -23,370.00
Financing Cash Flow 6,944.00 7,163.00 1,713.00 5,181.00 50,290.00 333.00 -1,270.00 -27,774.00 56,312.00 56,716.00 -1,231.00 29,997.00 70,367.00 -2,582.00 -2,582.00 800.00 413.00 359.00 136.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -6.00 1.00 1.00 5.00
   Net Issuance/Repurchase of Equity 9,961.00 9,950.00 4,486.00 91,071.00 55,135.00 3,198.00 1,586.00 30,010.00 61,950.00 0 0 5,203.00 192.00 -2,582.00 -2,582.00 794.00 414.00 360.00 141.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -3,017.00 -2,787.00 -2,773.00 -85,890.00 -4,845.00 -2,865.00 -2,856.00 -57,784.00 -5,638.00 56,716.00 -1,231.00 24,794.00 70,175.00 0.00 0.00 12.00 -2.00 -2.00 -10.00
Net Change in Cash -89,064.00 -76,083.00 -36,825.00 20,274.00 -6,232.00 -29,853.00 -10,671.00 134,838.00 -51,650.00 -23,268.00 -47,228.00 88,561.00 -22,935.00 -65,147.00 -23,340.00 40,659.00 -65,293.00 -36,259.00 -9,646.00
   Cash at Beginning of Period 106,170.00 110,507.00 105,435.00 85,426.00 131,261.00 130,878.00 130,971.00 -4,189.00 116,053.00 116,068.00 116,028.00 26,955.00 137,641.00 137,255.00 137,140.00 97,044.00 208,927.00 208,859.00 209,056.00
   Cash at End of Period 17,106.00 34,424.00 68,610.00 105,700.00 125,029.00 101,025.00 120,300.00 130,649.00 64,403.00 92,800.00 68,800.00 115,516.00 114,706.00 72,108.00 113,800.00 137,703.00 143,634.00 172,600.00 199,410.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0