MMC

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 25.72 24.93 27.08 28.04
Price to Sales 4.26 4.11 3.97 4.43
Book Value Per Common Share
Price to Book
Price to Operating Cash Flow 24.29 21.98 23.83 25.06
Price to Free Cash Flow
Enterprise Value to EBITDA 135799.65 147570.76 155434.16 162264.16
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 29.68 41.49 86.84 33.55 41.08 72.53 31.35 40.98 66.62 28.93 38.24 80.01 32.85 39.63 63.11
Price to Sales 4.85 7.64 16.97 5.95 8.15 15.62 5.46 7.87 13.89 4.75 7.11 15.42 5.22 7.05 12.16
Book Value Per Common Share
Price to Book
Price to Operating Cash Flow 31.67 102.55 -193.03 46.79 238.88 -129.76 37.98 140.00 -100.66 38.10 134.37 -122.11 37.09 95.29 -151.95
Price to Free Cash Flow
Enterprise Value to EBITDA 147081.31 216137.60 466851.81 199703.36 251881.60 457636.47 190225.40 252686.61 418708.21 171438.02 247195.40 499137.37 184228.62 226503.57 378725.87

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 8.68 24.39 -1.45 55.78
Revenue YoY 7.59 9.69 4.58 14.79
EBITDA YoY 21.58 19.87 -2.39 33.34
Net Profit YoY 8.09 23.15 -2.96 55.90
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 28.84 87.54 29.63 80.63 32.24 83.60 27.09 90.61 29.86 83.94
Revenue YoY 45.28 98.87 44.91 96.16 45.61 99.28 43.71 97.09 45.36 98.73
EBITDA YoY 34.90 93.13 33.26 85.49 34.13 86.74 38.10 82.85 31.82 92.36
Net Profit YoY 28.82 87.69 29.58 80.36 32.16 83.81 26.79 90.29 29.78 83.42

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 27.79 6.80 2.89 3.46 4.13
Quick Ratio 1.08 0.50 1.04 1.13 1.15
Current Ratio 1.13 1.10 1.16 1.24 1.24
Debt to Equity 1.71 6.30 5.16 4.66 6.18
Long-Term Debt to Equity 0.77 5.28 4.72 4.29 5.69
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 29.54 27.58 26.84 27.85 27.93 26.77 2.95 6.83 5.87 2.37 2.03 2.91 1.63 1.96 1.70 3.48 2.90 1.90 2.35 4.11
Quick Ratio 1.07 1.14 1.07 1.08 1.09 1.12 0.47 0.50 0.46 0.42 0.99 1.04 0.93 1.06 1.06 1.13 1.09 1.20 1.13 1.15
Current Ratio 1.12 1.20 1.14 1.13 1.14 1.17 1.14 1.10 1.08 1.05 1.15 1.16 1.04 1.16 1.18 1.24 1.18 1.30 1.23 1.24
Debt to Equity 1.38 1.24 1.58 1.71 1.24 1.31 1.48 6.30 1.71 1.42 1.00 5.16 1.37 1.03 0.91 4.66 1.29 1.14 1.31 6.18
Long-Term Debt to Equity 0.52 0.50 0.69 0.77 0.36 0.41 0.51 5.28 0.55 0.39 0.54 4.72 0.83 0.60 0.54 4.29 0.82 0.77 0.87 5.69

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 7.19 2.65 3.06 3.11 2.09
ROE 19.49 19.32 18.85 17.59 15.03
Gross Margin
Operating Margin 25.20 24.58 21.90 23.41 19.11
EBITDA Margin 31.31 27.71 25.36 27.17 23.39
Net Profit Margin 16.55 16.48 14.67 15.81 11.64
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 5.68 4.43 2.42 6.56 5.20 2.94 6.25 4.87 3.59 8.07 6.09 3.18 7.09 5.47 3.05
ROE 13.51 9.91 6.25 14.73 12.00 7.30 16.94 11.81 7.20 19.09 12.37 6.07 16.22 11.73 7.02
Gross Margin
Operating Margin 25.47 28.15 29.28 26.79 29.48 31.29 25.57 28.15 30.32 24.20 27.02 27.59 24.32 27.23 28.25
EBITDA Margin 32.84 35.37 36.42 29.75 32.35 34.21 28.63 31.08 33.16 27.49 28.61 30.83 28.19 31.08 32.11
Net Profit Margin 16.33 18.42 19.52 17.74 19.84 21.58 17.41 19.19 20.80 16.41 18.60 19.27 15.89 17.80 19.28

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 2024-12-31 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 56,481,000.00 141,970,000.00 99,716,000.00 101,118,000.00 96,281,000.00
   Current Assets 22,117,000.00 21,748,000.00 8,299,000.00 8,264,000.00 8,155,000.00
      Cash and Short-Term Investments 13,674,000.00 3,358,000.00 1,442,000.00 1,752,000.00 2,089,000.00
            Cash and Cash Equivalents 13,674,000.00 3,358,000.00 1,442,000.00 1,752,000.00 2,089,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 7,323,000.00 6,569,000.00 6,012,000.00 5,752,000.00 5,468,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 1,120,000.00 11,821,000.00 845,000.00 760,000.00 598,000.00
   Non-Current Assets 34,364,000.00 120,222,000.00 91,417,000.00 92,854,000.00 88,126,000.00
      Property, Plant, Equipment Net 2,357,000.00 2,423,000.00 2,433,000.00 2,715,000.00 2,750,000.00
      Goodwill 59,420,000.00 35,244,000.00 33,011,000.00 33,662,000.00 31,610,000.00
      Intangible Assets 7,126,000.00 4,728,000.00 2,537,000.00 2,810,000.00 2,699,000.00
      Long-Term Investments 257,000.00 266,000.00 215,000.00 207,000.00 280,000.00
      Non-Current Deferred Assets 237,000.00 357,000.00 358,000.00 551,000.00 702,000.00
      Other Non-Current Assets -35,033,000.00 77,204,000.00 52,863,000.00 52,909,000.00 50,085,000.00
Liabilities 35,651,000.00 122,525,000.00 83,532,000.00 83,249,000.00 82,871,000.00
   Current Liabilities 19,518,000.00 19,795,000.00 7,172,000.00 6,654,000.00 6,556,000.00
      Payables and Expenses 3,402,000.00 3,403,000.00 3,278,000.00 3,165,000.00 3,050,000.00
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 3,996,000.00 3,667,000.00 3,316,000.00 3,140,000.00 2,647,000.00
      Short-Term Debt 844,000.00 1,931,000.00 578,000.00 349,000.00 2,359,000.00
      Other Current Liabilities 15,272,000.00 14,461,000.00 3,316,000.00 3,140,000.00 1,147,000.00
   Non-Current Liabilities 16,133,000.00 102,730,000.00 76,360,000.00 76,595,000.00 76,315,000.00
      Long-Term Debt 21,018,000.00 13,505,000.00 12,894,000.00 12,813,000.00 12,720,000.00
      Other Non-Current Liabilities -4,885,000.00 89,225,000.00 63,466,000.00 63,782,000.00 63,595,000.00
Equity 20,830,000.00 19,445,000.00 16,184,000.00 17,869,000.00 13,410,000.00
   Shareholders Equity 0 0 0 0 0
      Capital Stock 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00
      Share Premium 1,370,000.00 1,242,000.00 1,179,000.00 1,112,000.00 943,000.00
      Retained Earnings 25,306,000.00 22,759,000.00 20,301,000.00 18,389,000.00 16,272,000.00
      Treasury Shares 7,655,000.00 7,076,000.00 6,207,000.00 4,478,000.00 3,562,000.00
      Accumulated Other Comprehensive Income -6,240,000.00 -5,295,000.00 -5,314,000.00 -4,575,000.00 -5,110,000.00
   Minority Interest 193,000.00 179,000.00 229,000.00 213,000.00 156,000.00
Investments 257,000.00 266,000.00 215,000.00 207,000.00 280,000.00
Debt 21,862,000.00 15,436,000.00 13,472,000.00 13,162,000.00 15,079,000.00
Net Debt 8,188,000.00 12,078,000.00 12,030,000.00 11,410,000.00 12,990,000.00
Common Shares Outstanding 491,000.00 492,000.00 495,000.00 504,000.00 508,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 24,528,000.00 22,798,000.00 20,784,000.00 19,874,000.00 17,313,000.00
Operating Expenses 18,641,000.00 17,454,000.00 16,440,000.00 15,508,000.00 14,158,000.00
   Selling, General and Administrative Expenses 368,000.00 363,000.00 367,000.00 348,000.00 290,000.00
   Other Operating Expenses 18,273,000.00 17,091,000.00 16,073,000.00 15,160,000.00 13,868,000.00
Operating Income 17,746,000.00 16,152,000.00 13,174,000.00 13,169,000.00 9,436,000.00
Net Non-Operating Income -12,266,000.00 -11,126,000.00 -9,092,000.00 -8,961,000.00 -6,643,000.00
Interest Income 783,000.00 656,000.00 484,000.00 446,000.00 522,000.00
Interest Expense 700,000.00 578,000.00 469,000.00 444,000.00 515,000.00
Net Interest 83,000.00 78,000.00 15,000.00 2,000.00 7,000.00
EBT 5,480,000.00 5,026,000.00 4,082,000.00 4,208,000.00 2,793,000.00
Income Tax 1,363,000.00 1,224,000.00 995,000.00 1,034,000.00 747,000.00
Net Income Including Non-Controlling Interests 4,003,000.00 3,710,000.00 3,013,000.00 3,112,000.00 1,986,000.00
Net Income Non-Controlling Interests 57,000.00 46,000.00 37,000.00 31,000.00 30,000.00
Net Income 4,060,000.00 3,756,000.00 3,050,000.00 3,143,000.00 2,016,000.00
EBIT 6,180,000.00 5,604,000.00 4,551,000.00 4,652,000.00 3,308,000.00
Deprecation and Amortization 1,500,000.00 713,000.00 719,000.00 747,000.00 741,000.00
EBITDA 7,680,000.00 6,317,000.00 5,270,000.00 5,399,000.00 4,049,000.00
EPS 0.01 0.01 0.01 0.01 0.00
Diluted EPS 0.01 0.01 0.01 0.01 0.00
Average Shares Outstanding Basic 492,000.00 494,000.00 499,000.00 507,000.00 506,000.00
Average Shares Outstanding Diluted 496,000.00 499,000.00 505,000.00 513,000.00 512,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 4,302,000.00 4,258,000.00 3,465,000.00 3,516,000.00 3,382,000.00
   Operating Net Income 4,117,000.00 3,802,000.00 3,087,000.00 3,174,000.00 2,046,000.00
   Deprecation and Amortization 1,500,000.00 713,000.00 719,000.00 747,000.00 741,000.00
   Deferred Income Tax 157,000.00 -29,000.00 -43,000.00 -63,000.00 40,000.00
   Share Based Compensation 368,000.00 363,000.00 367,000.00 348,000.00 290,000.00
   Change in Working Capital 954,000.00 985,000.00 924,000.00 1,342,000.00 671,000.00
   Other Operating Activities -2,794,000.00 -1,576,000.00 -1,589,000.00 -2,032,000.00 -406,000.00
Investing Cash Flow -8,821,000.00 -1,417,000.00 -850,000.00 -1,164,000.00 -814,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 316,000.00 416,000.00 470,000.00 406,000.00 354,000.00
   Net Purchase/Sale of Investments Net 54,000.00 27,000.00 77,000.00 -22,000.00 -98,000.00
   Net Purchase/Sale of Business 8,631,000.00 -17,000.00 691,000.00 948,000.00 769,000.00
   Other Investing Activities -17,822,000.00 -1,843,000.00 -2,088,000.00 -2,496,000.00 -1,839,000.00
Financing Cash Flow 4,455,000.00 -1,119,000.00 -1,046,000.00 -1,297,000.00 -1,880,000.00
   Net Issuance/Repayment of Debt 9,787,000.00 2,435,000.00 1,349,000.00 1,759,000.00 4,252,000.00
   Net Issuance/Repurchase of Equity 1,164,000.00 1,349,000.00 2,076,000.00 1,320,000.00 132,000.00
   Dividends Paid 1,553,000.00 1,329,000.00 1,165,000.00 1,062,000.00 943,000.00
   Other Financing Activities -8,049,000.00 -6,232,000.00 -5,636,000.00 -5,438,000.00 -7,207,000.00
Net Change in Cash -478,000.00 2,050,000.00 728,000.00 700,000.00 934,000.00
   Cash at Beginning of Period 14,152,000.00 12,102,000.00 11,374,000.00 10,674,000.00 1,155,000.00
   Cash at End of Period 13,674,000.00 14,152,000.00 12,102,000.00 11,374,000.00 2,089,000.00
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 58,783,000.00 58,555,000.00 57,015,000.00 56,481,000.00 49,864,000.00 48,591,000.00 47,572,000.00 141,970,000.00 48,000,000.00 46,566,000.00 34,358,000.00 99,716,000.00 32,023,000.00 33,440,000.00 33,688,000.00 101,118,000.00 32,982,000.00 32,953,000.00 32,273,000.00 96,281,000.00
   Current Assets 23,699,000.00 23,334,000.00 22,461,000.00 22,117,000.00 22,286,000.00 22,022,000.00 21,299,000.00 21,748,000.00 22,279,000.00 20,802,000.00 9,113,000.00 8,299,000.00 7,574,000.00 8,169,000.00 7,788,000.00 8,264,000.00 7,877,000.00 7,573,000.00 7,549,000.00 8,155,000.00
      Cash and Short-Term Investments 14,535,000.00 13,570,000.00 13,205,000.00 13,674,000.00 13,740,000.00 13,169,000.00 1,452,000.00 3,358,000.00 2,901,000.00 1,171,000.00 1,006,000.00 1,442,000.00 819,000.00 986,000.00 854,000.00 1,752,000.00 1,472,000.00 964,000.00 1,194,000.00 2,089,000.00
            Cash and Cash Equivalents 14,512,000.00 13,548,000.00 13,183,000.00 13,674,000.00 13,721,000.00 13,150,000.00 1,452,000.00 3,358,000.00 2,901,000.00 1,171,000.00 1,006,000.00 1,442,000.00 802,000.00 909,000.00 772,000.00 1,752,000.00 1,398,000.00 888,000.00 1,120,000.00 2,089,000.00
            Short-Term Investments 23,000.00 22,000.00 22,000.00 0 19,000.00 19,000.00 0 0 0 0 0 0 17,000.00 77,000.00 82,000.00 0 74,000.00 76,000.00 74,000.00 0
      Net Receivables 8,079,000.00 8,626,000.00 8,029,000.00 7,323,000.00 7,587,000.00 7,899,000.00 7,373,000.00 6,569,000.00 6,675,000.00 7,140,000.00 6,854,000.00 6,012,000.00 5,983,000.00 6,453,000.00 6,136,000.00 5,752,000.00 5,785,000.00 5,987,000.00 5,743,000.00 5,468,000.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,085,000.00 1,138,000.00 1,227,000.00 1,120,000.00 959,000.00 954,000.00 12,474,000.00 11,821,000.00 12,703,000.00 12,491,000.00 1,253,000.00 845,000.00 772,000.00 730,000.00 798,000.00 760,000.00 620,000.00 622,000.00 612,000.00 598,000.00
   Non-Current Assets 35,084,000.00 35,221,000.00 34,554,000.00 34,364,000.00 27,578,000.00 26,569,000.00 26,273,000.00 120,222,000.00 25,721,000.00 25,764,000.00 25,245,000.00 91,417,000.00 24,449,000.00 25,271,000.00 25,900,000.00 92,854,000.00 25,105,000.00 25,380,000.00 24,724,000.00 88,126,000.00
      Property, Plant, Equipment Net 2,256,000.00 2,310,000.00 2,317,000.00 2,357,000.00 2,371,000.00 2,347,000.00 2,371,000.00 2,423,000.00 2,378,000.00 2,439,000.00 2,453,000.00 2,433,000.00 2,480,000.00 2,607,000.00 2,690,000.00 2,715,000.00 2,723,000.00 2,799,000.00 2,654,000.00 2,750,000.00
      Goodwill 48,083,000.00 48,019,000.00 47,071,000.00 59,420,000.00 37,261,000.00 35,446,000.00 34,830,000.00 35,244,000.00 33,835,000.00 33,457,000.00 32,611,000.00 33,011,000.00 31,315,000.00 32,067,000.00 32,571,000.00 33,662,000.00 31,622,000.00 31,913,000.00 30,958,000.00 31,610,000.00
      Intangible Assets 7,380,000.00 7,398,000.00 7,239,000.00 7,126,000.00 5,000,000.00 4,874,000.00 4,793,000.00 4,728,000.00 4,506,000.00 4,466,000.00 4,330,000.00 2,537,000.00 4,099,000.00 4,244,000.00 4,403,000.00 2,810,000.00 4,194,000.00 4,289,000.00 4,104,000.00 2,699,000.00
      Long-Term Investments 295,000.00 286,000.00 269,000.00 257,000.00 275,000.00 276,000.00 272,000.00 266,000.00 260,000.00 249,000.00 214,000.00 215,000.00 222,000.00 233,000.00 224,000.00 207,000.00 328,000.00 315,000.00 289,000.00 280,000.00
      Non-Current Deferred Assets 248,000.00 280,000.00 250,000.00 237,000.00 242,000.00 285,000.00 276,000.00 357,000.00 348,000.00 365,000.00 369,000.00 358,000.00 533,000.00 537,000.00 530,000.00 551,000.00 692,000.00 669,000.00 704,000.00 702,000.00
      Other Non-Current Assets -23,178,000.00 -23,072,000.00 -22,592,000.00 -35,033,000.00 -17,571,000.00 -16,659,000.00 -16,269,000.00 77,204,000.00 -15,606,000.00 -15,212,000.00 -14,732,000.00 52,863,000.00 -14,200,000.00 -14,417,000.00 -14,518,000.00 52,909,000.00 -14,454,000.00 -14,605,000.00 -13,985,000.00 50,085,000.00
Liabilities 34,067,000.00 32,408,000.00 34,936,000.00 35,651,000.00 27,651,000.00 27,549,000.00 28,398,000.00 122,525,000.00 30,288,000.00 27,343,000.00 17,200,000.00 83,532,000.00 18,489,000.00 16,969,000.00 16,055,000.00 83,249,000.00 18,551,000.00 17,578,000.00 18,278,000.00 82,871,000.00
   Current Liabilities 21,098,000.00 19,400,000.00 19,775,000.00 19,518,000.00 19,604,000.00 18,864,000.00 18,660,000.00 19,795,000.00 20,605,000.00 19,813,000.00 7,914,000.00 7,172,000.00 7,292,000.00 7,016,000.00 6,587,000.00 6,654,000.00 6,659,000.00 5,816,000.00 6,123,000.00 6,556,000.00
      Payables and Expenses 3,355,000.00 3,434,000.00 3,450,000.00 3,402,000.00 3,099,000.00 3,205,000.00 3,379,000.00 3,403,000.00 3,143,000.00 3,137,000.00 3,406,000.00 3,278,000.00 2,903,000.00 3,029,000.00 3,084,000.00 3,165,000.00 2,833,000.00 2,830,000.00 2,940,000.00 3,050,000.00
            Account Payables 441,000.00 0 400,000.00 0 401,000.00 0 349,000.00 0 351,000.00 0 292,000.00 0 296,000.00 0 273,000.00 0 273,000.00 0 238,000.00 0
            Current Accrued Liabilities 3,706,000.00 2,991,000.00 2,352,000.00 3,996,000.00 3,350,000.00 2,591,000.00 1,995,000.00 3,667,000.00 3,112,000.00 2,428,000.00 1,799,000.00 3,316,000.00 2,828,000.00 2,362,000.00 1,708,000.00 3,140,000.00 2,698,000.00 2,128,000.00 1,588,000.00 2,647,000.00
      Short-Term Debt 1,595,000.00 1,104,000.00 1,994,000.00 844,000.00 831,000.00 1,571,000.00 1,479,000.00 1,931,000.00 2,171,000.00 2,684,000.00 2,417,000.00 578,000.00 1,265,000.00 1,625,000.00 1,522,000.00 349,000.00 855,000.00 858,000.00 1,357,000.00 2,359,000.00
      Other Current Liabilities 16,148,000.00 14,862,000.00 14,331,000.00 15,272,000.00 15,674,000.00 14,088,000.00 13,802,000.00 14,461,000.00 15,291,000.00 13,992,000.00 2,091,000.00 3,316,000.00 3,124,000.00 2,362,000.00 1,981,000.00 3,140,000.00 2,971,000.00 2,128,000.00 1,826,000.00 1,147,000.00
   Non-Current Liabilities 12,969,000.00 13,008,000.00 15,161,000.00 16,133,000.00 8,047,000.00 8,685,000.00 9,738,000.00 102,730,000.00 9,683,000.00 7,530,000.00 9,286,000.00 76,360,000.00 11,197,000.00 9,953,000.00 9,468,000.00 76,595,000.00 11,892,000.00 11,762,000.00 12,155,000.00 76,315,000.00
      Long-Term Debt 19,831,000.00 20,506,000.00 20,425,000.00 21,018,000.00 13,948,000.00 13,864,000.00 13,900,000.00 13,505,000.00 13,424,000.00 11,946,000.00 12,564,000.00 12,894,000.00 12,019,000.00 12,239,000.00 12,383,000.00 12,813,000.00 12,128,000.00 12,249,000.00 12,092,000.00 12,720,000.00
      Other Non-Current Liabilities -6,862,000.00 -7,498,000.00 -5,264,000.00 -4,885,000.00 -5,901,000.00 -5,179,000.00 -4,162,000.00 89,225,000.00 -3,741,000.00 -4,416,000.00 -3,278,000.00 63,466,000.00 -822,000.00 -2,286,000.00 -2,915,000.00 63,782,000.00 -236,000.00 -487,000.00 63,000.00 63,595,000.00
Equity 24,716,000.00 26,147,000.00 22,079,000.00 20,830,000.00 22,213,000.00 21,042,000.00 19,174,000.00 19,445,000.00 17,712,000.00 19,223,000.00 17,158,000.00 16,184,000.00 13,534,000.00 16,471,000.00 17,633,000.00 17,869,000.00 14,431,000.00 15,375,000.00 13,995,000.00 13,410,000.00
   Shareholders Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Capital Stock 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00 561,000.00
      Share Premium 1,457,000.00 1,362,000.00 1,253,000.00 1,370,000.00 1,289,000.00 1,197,000.00 1,112,000.00 1,242,000.00 1,150,000.00 1,074,000.00 1,064,000.00 1,179,000.00 1,111,000.00 1,044,000.00 1,026,000.00 1,112,000.00 1,034,000.00 945,000.00 851,000.00 943,000.00
      Retained Earnings 26,948,000.00 27,088,000.00 25,881,000.00 25,306,000.00 24,520,000.00 24,578,000.00 23,456,000.00 22,759,000.00 22,007,000.00 21,980,000.00 20,949,000.00 20,301,000.00 19,837,000.00 19,880,000.00 18,916,000.00 18,389,000.00 17,589,000.00 17,597,000.00 16,780,000.00 16,272,000.00
      Treasury Shares 8,372,000.00 8,000,000.00 7,734,000.00 7,655,000.00 7,692,000.00 7,442,000.00 7,198,000.00 7,076,000.00 6,852,000.00 6,599,000.00 6,387,000.00 6,207,000.00 5,896,000.00 5,429,000.00 4,887,000.00 4,478,000.00 4,105,000.00 3,842,000.00 3,561,000.00 3,562,000.00
      Accumulated Other Comprehensive Income -5,441,000.00 -5,244,000.00 -5,896,000.00 -6,240,000.00 -4,990,000.00 -5,527,000.00 -5,509,000.00 -5,295,000.00 -5,460,000.00 -5,055,000.00 -5,234,000.00 -5,314,000.00 -6,048,000.00 -5,363,000.00 -4,679,000.00 -4,575,000.00 -5,345,000.00 -5,153,000.00 -5,197,000.00 -5,110,000.00
   Minority Interest 206,000.00 209,000.00 203,000.00 193,000.00 194,000.00 198,000.00 200,000.00 179,000.00 180,000.00 178,000.00 243,000.00 229,000.00 226,000.00 224,000.00 219,000.00 213,000.00 154,000.00 156,000.00 162,000.00 156,000.00
Investments 295,000.00 286,000.00 269,000.00 257,000.00 275,000.00 276,000.00 272,000.00 266,000.00 260,000.00 249,000.00 214,000.00 215,000.00 222,000.00 233,000.00 224,000.00 207,000.00 328,000.00 315,000.00 289,000.00 280,000.00
Debt 21,426,000.00 21,610,000.00 22,419,000.00 21,862,000.00 14,779,000.00 15,435,000.00 15,379,000.00 15,436,000.00 15,595,000.00 14,630,000.00 14,981,000.00 13,472,000.00 13,284,000.00 13,864,000.00 13,905,000.00 13,162,000.00 12,983,000.00 13,107,000.00 13,449,000.00 15,079,000.00
Net Debt 6,891,000.00 8,040,000.00 9,214,000.00 8,188,000.00 1,039,000.00 2,266,000.00 13,927,000.00 12,078,000.00 12,694,000.00 13,459,000.00 13,975,000.00 12,030,000.00 12,465,000.00 12,878,000.00 13,051,000.00 11,410,000.00 11,511,000.00 12,143,000.00 12,255,000.00 12,990,000.00
Common Shares Outstanding 490,000.00 492,000.00 493,000.00 491,000.00 491,000.00 492,000.00 493,000.00 492,000.00 493,000.00 494,000.00 495,000.00 495,000.00 497,000.00 499,000.00 502,000.00 504,000.00 505,000.00 507,000.00 509,000.00 508,000.00
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
Revenues 20,444,000.00 14,072,000.00 7,076,000.00 -13,124,000.00 18,440,000.00 12,725,000.00 6,487,000.00 -12,197,000.00 17,227,000.00 11,831,000.00 5,937,000.00 -11,476,000.00 15,745,000.00 10,956,000.00 5,559,000.00 -10,081,000.00 14,726,000.00 10,131,000.00 5,098,000.00
Operating Expenses 15,382,000.00 10,201,000.00 5,056,000.00 -8,750,000.00 13,716,000.00 9,127,000.00 4,548,000.00 -8,364,000.00 13,003,000.00 8,617,000.00 4,198,000.00 -7,881,000.00 12,098,000.00 8,119,000.00 4,104,000.00 -7,088,000.00 11,357,000.00 7,514,000.00 3,725,000.00
   Selling, General and Administrative Expenses 305,000.00 210,000.00 112,000.00 -211,000.00 283,000.00 193,000.00 103,000.00 -200,000.00 273,000.00 191,000.00 99,000.00 -215,000.00 283,000.00 194,000.00 105,000.00 -169,000.00 263,000.00 176,000.00 78,000.00
   Other Operating Expenses 15,077,000.00 9,991,000.00 4,944,000.00 -8,539,000.00 13,433,000.00 8,934,000.00 4,445,000.00 -8,164,000.00 12,730,000.00 8,426,000.00 4,099,000.00 -7,666,000.00 11,815,000.00 7,925,000.00 3,999,000.00 -6,919,000.00 11,094,000.00 7,338,000.00 3,647,000.00
Operating Income 15,206,000.00 11,623,000.00 6,073,000.00 -13,153,000.00 14,232,000.00 10,826,000.00 5,841,000.00 -11,561,000.00 12,755,000.00 9,706,000.00 5,252,000.00 -10,792,000.00 11,013,000.00 8,558,000.00 4,395,000.00 -8,970,000.00 10,145,000.00 7,867,000.00 4,127,000.00
Net Non-Operating Income -10,723,000.00 -8,150,000.00 -4,246,000.00 8,855,000.00 -9,761,000.00 -7,390,000.00 -3,970,000.00 7,897,000.00 -8,777,000.00 -6,658,000.00 -3,588,000.00 7,245,000.00 -7,544,000.00 -5,822,000.00 -2,971,000.00 6,078,000.00 -6,898,000.00 -5,336,000.00 -2,805,000.00
Interest Income 759,000.00 512,000.00 264,000.00 -307,000.00 530,000.00 364,000.00 196,000.00 -267,000.00 467,000.00 306,000.00 150,000.00 -201,000.00 348,000.00 226,000.00 111,000.00 -120,000.00 337,000.00 229,000.00 0
Interest Expense 725,000.00 488,000.00 245,000.00 -243,000.00 469,000.00 315,000.00 159,000.00 -267,000.00 427,000.00 282,000.00 136,000.00 -207,000.00 342,000.00 224,000.00 110,000.00 -237,000.00 335,000.00 228,000.00 118,000.00
Net Interest 34,000.00 24,000.00 19,000.00 -64,000.00 61,000.00 49,000.00 37,000.00 0.00 40,000.00 24,000.00 14,000.00 6,000.00 6,000.00 2,000.00 1,000.00 -1,000.00 2,000.00 1,000.00 0
EBT 4,483,000.00 3,473,000.00 1,827,000.00 -4,298,000.00 4,471,000.00 3,436,000.00 1,871,000.00 -3,664,000.00 3,978,000.00 3,048,000.00 1,664,000.00 -3,547,000.00 3,469,000.00 2,736,000.00 1,424,000.00 -2,892,000.00 3,247,000.00 2,531,000.00 1,322,000.00
Income Tax 1,083,000.00 830,000.00 415,000.00 -1,111,000.00 1,155,000.00 872,000.00 447,000.00 -878,000.00 941,000.00 749,000.00 412,000.00 -868,000.00 853,000.00 672,000.00 338,000.00 -876,000.00 880,000.00 706,000.00 324,000.00
Net Income Including Non-Controlling Interests 3,278,000.00 2,541,000.00 1,350,000.00 -3,087,000.00 3,228,000.00 2,486,000.00 1,376,000.00 -2,712,000.00 2,963,000.00 2,241,000.00 1,218,000.00 -2,607,000.00 2,552,000.00 2,012,000.00 1,056,000.00 -1,950,000.00 2,313,000.00 1,781,000.00 968,000.00
Net Income Non-Controlling Interests 61,000.00 51,000.00 31,000.00 -50,000.00 44,000.00 39,000.00 24,000.00 -37,000.00 37,000.00 29,000.00 17,000.00 -36,000.00 32,000.00 26,000.00 15,000.00 -33,000.00 27,000.00 22,000.00 15,000.00
Net Income 3,339,000.00 2,592,000.00 1,381,000.00 -3,137,000.00 3,272,000.00 2,525,000.00 1,400,000.00 -2,749,000.00 3,000,000.00 2,270,000.00 1,235,000.00 -2,643,000.00 2,584,000.00 2,038,000.00 1,071,000.00 -1,983,000.00 2,340,000.00 1,803,000.00 983,000.00
EBIT 5,208,000.00 3,961,000.00 2,072,000.00 -4,541,000.00 4,940,000.00 3,751,000.00 2,030,000.00 -3,931,000.00 4,405,000.00 3,330,000.00 1,800,000.00 -3,754,000.00 3,811,000.00 2,960,000.00 1,534,000.00 -3,129,000.00 3,582,000.00 2,759,000.00 1,440,000.00
Deprecation and Amortization 1,506,000.00 1,016,000.00 505,000.00 401,000.00 545,000.00 365,000.00 189,000.00 -330,000.00 527,000.00 347,000.00 169,000.00 -152,000.00 517,000.00 174,000.00 180,000.00 -409,000.00 569,000.00 390,000.00 197,000.00
EBITDA 6,714,000.00 4,977,000.00 2,577,000.00 -4,140,000.00 5,485,000.00 4,116,000.00 2,219,000.00 -4,261,000.00 4,932,000.00 3,677,000.00 1,969,000.00 -3,906,000.00 4,328,000.00 3,134,000.00 1,714,000.00 -3,538,000.00 4,151,000.00 3,149,000.00 1,637,000.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.01 0.00 -0.00 0.01 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.00 0.00 0.00
Diluted EPS 0.01 0.01 0.00 0.00 0.01 0.01 0.00 0.00 0.01 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 492,000.00 492,000.00 492,000.00 492,000.00 492,000.00 492,000.00 492,000.00 492,000.00 494,000.00 495,000.00 495,000.00 490,000.00 501,000.00 502,000.00 503,000.00 503,000.00 508,000.00 508,000.00 509,000.00
Average Shares Outstanding Diluted 495,000.00 495,000.00 495,000.00 494,000.00 496,000.00 497,000.00 497,000.00 498,000.00 499,000.00 499,000.00 500,000.00 497,000.00 506,000.00 508,000.00 509,000.00 511,000.00 513,000.00 514,000.00 514,000.00
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 3,131,000.00 1,049,000.00 -622,000.00 2,303,000.00 2,346,000.00 434,000.00 -781,000.00 1,937,000.00 2,475,000.00 665,000.00 -819,000.00 1,624,000.00 1,963,000.00 580,000.00 -702,000.00 1,100,000.00 2,074,000.00 750,000.00 -408,000.00
   Operating Net Income 3,400,000.00 2,643,000.00 1,412,000.00 -3,187,000.00 3,316,000.00 2,564,000.00 1,424,000.00 -2,786,000.00 3,037,000.00 2,299,000.00 1,252,000.00 -2,679,000.00 2,616,000.00 2,064,000.00 1,086,000.00 -2,016,000.00 2,367,000.00 1,825,000.00 998,000.00
   Deprecation and Amortization 1,506,000.00 1,016,000.00 505,000.00 401,000.00 545,000.00 365,000.00 189,000.00 -330,000.00 527,000.00 347,000.00 169,000.00 -152,000.00 517,000.00 174,000.00 180,000.00 -409,000.00 569,000.00 390,000.00 197,000.00
   Deferred Income Tax 0 0 0 157,000.00 0 0 0 -29,000.00 0 0 0 -43,000.00 0 0 0 -203,000.00 7,000.00 119,000.00 14,000.00
   Share Based Compensation 305,000.00 210,000.00 112,000.00 -211,000.00 283,000.00 193,000.00 103,000.00 -200,000.00 273,000.00 191,000.00 99,000.00 -215,000.00 283,000.00 194,000.00 105,000.00 -169,000.00 263,000.00 176,000.00 78,000.00
   Change in Working Capital -392,000.00 -281,000.00 -912,000.00 1,317,000.00 77,000.00 307,000.00 -747,000.00 654,000.00 449,000.00 291,000.00 -409,000.00 912,000.00 492,000.00 391,000.00 -871,000.00 1,310,000.00 442,000.00 276,000.00 -686,000.00
   Other Operating Activities -1,688,000.00 -2,539,000.00 -1,739,000.00 3,826,000.00 -1,875,000.00 -2,995,000.00 -1,750,000.00 4,628,000.00 -1,811,000.00 -2,463,000.00 -1,930,000.00 3,801,000.00 -1,945,000.00 -2,243,000.00 -1,202,000.00 2,587,000.00 -1,574,000.00 -2,036,000.00 -1,009,000.00
Investing Cash Flow -322,000.00 -95,000.00 26,000.00 -6,494,000.00 -1,176,000.00 -783,000.00 -368,000.00 395,000.00 -943,000.00 -501,000.00 -368,000.00 -70,000.00 -363,000.00 -258,000.00 -159,000.00 -71,000.00 -589,000.00 -437,000.00 -67,000.00
   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 186,000.00 114,000.00 55,000.00 -178,000.00 240,000.00 167,000.00 87,000.00 -149,000.00 296,000.00 185,000.00 84,000.00 -258,000.00 367,000.00 239,000.00 122,000.00 -82,000.00 268,000.00 151,000.00 69,000.00
   Net Purchase/Sale of Investments Net 102,000.00 87,000.00 84,000.00 21,000.00 16,000.00 13,000.00 4,000.00 19,000.00 2,000.00 9,000.00 -3,000.00 -5,000.00 70,000.00 3,000.00 9,000.00 -26,000.00 4,000.00 2,000.00 -2,000.00
   Net Purchase/Sale of Business 239,000.00 77,000.00 43,000.00 7,430,000.00 1,148,000.00 27,000.00 26,000.00 38,000.00 -18,000.00 -17,000.00 -20,000.00 398,000.00 138,000.00 135,000.00 20,000.00 19,000.00 485,000.00 444,000.00 0
   Other Investing Activities -849,000.00 -373,000.00 -156,000.00 -13,767,000.00 -2,580,000.00 -990,000.00 -485,000.00 487,000.00 -1,223,000.00 -678,000.00 -429,000.00 -205,000.00 -938,000.00 -635,000.00 -310,000.00 18,000.00 -1,346,000.00 -1,034,000.00 -134,000.00
Financing Cash Flow -2,586,000.00 -1,833,000.00 -138,000.00 6,524,000.00 -1,820,000.00 -384,000.00 135,000.00 -3,334,000.00 1,215,000.00 227,000.00 773,000.00 -2,427,000.00 28,000.00 498,000.00 855,000.00 2,691,000.00 -2,046,000.00 -1,491,000.00 -451,000.00
   Net Issuance/Repayment of Debt 514,000.00 660,000.00 1,553,000.00 1,797,000.00 2,601,000.00 3,346,000.00 2,043,000.00 -2,289,000.00 2,182,000.00 1,105,000.00 1,437,000.00 -1,046,000.00 614,000.00 952,000.00 829,000.00 734,000.00 512,000.00 509,000.00 4,000.00
   Net Issuance/Repurchase of Equity 1,214,000.00 775,000.00 428,000.00 -1,137,000.00 1,121,000.00 767,000.00 413,000.00 -778,000.00 1,065,000.00 720,000.00 342,000.00 -1,312,000.00 1,689,000.00 1,165,000.00 534,000.00 -185,000.00 849,000.00 509,000.00 147,000.00
   Dividends Paid 1,301,000.00 844,000.00 426,000.00 -671,000.00 1,139,000.00 727,000.00 358,000.00 -533,000.00 962,000.00 601,000.00 299,000.00 -494,000.00 840,000.00 547,000.00 272,000.00 -403,000.00 750,000.00 478,000.00 237,000.00
   Other Financing Activities -5,615,000.00 -4,112,000.00 -2,545,000.00 6,535,000.00 -6,681,000.00 -5,224,000.00 -2,679,000.00 266,000.00 -2,994,000.00 -2,199,000.00 -1,305,000.00 425,000.00 -3,115,000.00 -2,166,000.00 -780,000.00 2,545,000.00 -4,157,000.00 -2,987,000.00 -839,000.00
Net Change in Cash 838,000.00 -126,000.00 -491,000.00 2,197,000.00 -431,000.00 -1,002,000.00 -1,242,000.00 -948,000.00 2,627,000.00 633,000.00 -262,000.00 769,000.00 36,000.00 65,000.00 -142,000.00 3,561,000.00 -691,000.00 -1,201,000.00 -969,000.00
   Cash at Beginning of Period 13,674,000.00 13,674,000.00 13,674,000.00 11,477,000.00 14,152,000.00 14,152,000.00 14,152,000.00 15,100,000.00 12,102,000.00 12,102,000.00 12,102,000.00 11,333,000.00 11,374,000.00 11,374,000.00 11,375,000.00 7,813,000.00 2,089,000.00 2,089,000.00 2,089,000.00
   Cash at End of Period 14,512,000.00 13,548,000.00 13,183,000.00 13,674,000.00 13,721,000.00 13,150,000.00 12,910,000.00 14,152,000.00 14,729,000.00 12,735,000.00 11,840,000.00 12,102,000.00 11,410,000.00 11,439,000.00 11,233,000.00 11,374,000.00 1,398,000.00 888,000.00 1,120,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0