MOMO
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 1.37 | 0.67 | 1.18 | -0.62 |
| Price to Sales | 0.13 | 0.11 | 0.14 | 0.12 |
| Book Value Per Common Share | 34.27 | 31.47 | 28.59 | 26.43 |
| Price to Book | 0.23 | 0.22 | 0.31 | 0.34 |
| Price to Operating Cash Flow | 0.87 | 0.58 | 1.43 | 1.17 |
| Price to Free Cash Flow | 1.05 | 0.77 | 1.53 | 1.24 |
| Enterprise Value to EBITDA | 12575.59 | 9327.85 | 15198.04 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Price to Earnings | -10.05 | 3.00 | 7.14 | 2.95 | 2.78 |
| Price to Sales | 0.54 | 0.42 | 0.51 | 0.49 | 0.41 |
| Book Value Per Common Share | 33.89 | 34.48 | 34.27 | 32.32 | 31.71 |
| Price to Book | 0.25 | 0.18 | 0.23 | 0.24 | 0.19 |
| Price to Operating Cash Flow | 5.62 | 4.47 | 3.18 | 3.88 | 2.33 |
| Price to Free Cash Flow | 6.27 | 5.05 | 3.35 | 4.12 | 4.03 |
| Enterprise Value to EBITDA | 50980.23 | 46243.09 | 77136.76 | 46772.33 | 40248.71 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -45.75 | 36.32 | ||
| Revenue YoY | -11.99 | -5.52 | -12.84 | |
| EBITDA YoY | -28.00 | 25.48 | ||
| Net Profit YoY | -46.90 | 31.89 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Earning YoY | 94.44 | -58.14 | 17.27 | ||
| Revenue YoY | 3.95 | -4.39 | -1.43 | -0.62 | |
| EBITDA YoY | 20.40 | 33.66 | -41.43 | 4.45 | |
| Net Profit YoY | 91.20 | -58.33 | 12.97 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 33.30 | 36.50 | 54.43 | 41.66 |
| Quick Ratio | 1.10 | 3.55 | 2.37 | 3.57 |
| Current Ratio | 1.88 | 3.74 | 2.47 | 3.74 |
| Debt to Equity | 0.61 | 0.35 | 0.45 | 0.71 |
| Long-Term Debt to Equity | 0.05 | 0.18 | 0.01 | 0.47 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 37.99 | 36.21 | 35.20 | 35.30 | 34.82 |
| Quick Ratio | 1.35 | 1.30 | 1.10 | 1.01 | 1.88 |
| Current Ratio | 2.29 | 2.06 | 1.88 | 1.83 | 2.55 |
| Debt to Equity | 0.50 | 0.48 | 0.61 | 0.61 | 0.54 |
| Long-Term Debt to Equity | 0.06 | 0.05 | 0.05 | 0.05 | 0.23 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 5.66 | 12.06 | 9.38 | -16.09 |
| ROE | 9.09 | 16.33 | 13.58 | -27.53 |
| Gross Margin | 38.96 | 41.47 | 41.58 | 42.48 |
| Operating Margin | 18.49 | 22.62 | 16.65 | -13.87 |
| EBITDA Margin | 19.05 | 23.28 | 17.53 | -12.05 |
| Net Profit Margin | 9.84 | 16.31 | 11.68 | -19.99 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| ROA | -0.85 | 2.14 | 1.02 | 2.48 | 2.28 |
| ROE | -1.28 | 3.18 | 1.64 | 3.97 | 3.50 |
| Gross Margin | 38.65 | 37.76 | 34.58 | 39.29 | 40.71 |
| Operating Margin | 19.42 | 16.65 | 11.91 | 20.40 | 19.37 |
| EBITDA Margin | 20.14 | 17.39 | 12.44 | 20.94 | 19.92 |
| Net Profit Margin | -5.35 | 14.20 | 7.10 | 16.80 | 14.78 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 68.90 | 48.94 | 56.66 | -29.27 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | |||
| Dividend Payout Ratio | -246.91 | 180.07 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 18,382,970.00 | 16,228,009.00 | 15,829,587.00 | 18,111,238.00 |
| Current Assets | 12,011,870.00 | 7,833,378.00 | 11,724,547.00 | 9,410,860.00 |
| Cash and Short-Term Investments | 6,148,904.00 | 6,891,092.00 | 10,618,369.00 | 8,430,563.00 |
| Cash and Cash Equivalents | 4,122,659.00 | 5,620,466.00 | 5,018,129.00 | 5,570,563.00 |
| Short-Term Investments | 2,026,245.00 | 1,270,626.00 | 5,600,240.00 | 2,860,000.00 |
| Net Receivables | 914,707.00 | 536,118.00 | 593,818.00 | 560,198.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 4,948,259.00 | 406,168.00 | 512,360.00 | 420,099.00 |
| Non-Current Assets | 6,371,100.00 | 8,394,631.00 | 4,105,040.00 | 8,700,378.00 |
| Property, Plant, Equipment Net | 1,149,205.00 | 768,605.00 | 288,504.00 | 438,598.00 |
| Goodwill | 136,250.00 | 0 | 0 | 0 |
| Intangible Assets | 86,661.00 | 17,086.00 | 22,203.00 | 27,320.00 |
| Long-Term Investments | 825,533.00 | 786,911.00 | 893,988.00 | 820,006.00 |
| Non-Current Deferred Assets | 36,066.00 | 31,741.00 | 34,343.00 | 34,849.00 |
| Other Non-Current Assets | 4,137,385.00 | 6,790,288.00 | 0 | 7,379,605.00 |
| Liabilities | 6,950,297.00 | 4,241,219.00 | 4,898,949.00 | 7,525,641.00 |
| Current Liabilities | 6,398,532.00 | 2,092,020.00 | 4,738,247.00 | 2,515,765.00 |
| Payables and Expenses | 1,253,345.00 | 1,160,269.00 | 1,186,909.00 | 1,546,260.00 |
| Account Payables | 615,254.00 | 616,681.00 | 617,022.00 | 726,207.00 |
| Current Accrued Liabilities | 273,789.00 | 239,123.00 | 265,686.00 | 287,840.00 |
| Short-Term Debt | 4,466,082.00 | 275,623.00 | 2,734,520.00 | 162,950.00 |
| Other Current Liabilities | 679,105.00 | 656,128.00 | 816,818.00 | 806,555.00 |
| Non-Current Liabilities | 551,765.00 | 2,149,199.00 | 160,702.00 | 5,009,876.00 |
| Long-Term Debt | 115,105.00 | 2,010,127.00 | 33,281.00 | 4,668,397.00 |
| Other Non-Current Liabilities | 436,660.00 | 139,072.00 | 127,421.00 | 341,479.00 |
| Equity | 11,432,673.00 | 11,986,790.00 | 10,930,638.00 | 10,585,597.00 |
| Shareholders Equity | 11,245,402.00 | 11,804,949.00 | 10,777,307.00 | 10,446,639.00 |
| Capital Stock | 210.00 | 286.00 | 281.00 | 277.00 |
| Share Premium | 4,925,642.00 | 7,813,675.00 | 7,587,543.00 | 7,214,698.00 |
| Retained Earnings | 6,643,721.00 | 6,320,450.00 | 5,320,921.00 | 4,677,635.00 |
| Treasury Shares | 325,226.00 | 2,203,380.00 | 1,991,185.00 | 1,595,339.00 |
| Accumulated Other Comprehensive Income | 1,055.00 | -126,082.00 | -140,253.00 | 149,368.00 |
| Minority Interest | 187,271.00 | 181,841.00 | 153,331.00 | 138,958.00 |
| Debt | 4,581,187.00 | 2,285,750.00 | 2,767,801.00 | 4,831,347.00 |
| Net Debt | 201,452.00 | 0 | 0 | 0 |
| Common Shares Outstanding | 328,185.71 | 375,085.19 | 376,971.34 | 395,200.88 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 10,562,971.00 | 12,002,323.00 | 12,704,172.00 | 14,575,719.00 |
| Cost Of Revenue | 6,447,341.00 | 7,025,394.00 | 7,421,419.00 | 8,383,431.00 |
| Interest Income | 510,964.00 | 436,253.00 | 368,879.00 | 384,279.00 |
| Interest Expense | 127,846.00 | 62,223.00 | 83,530.00 | 73,776.00 |
| Non-Interest Expense | 1,837,438.00 | 1,917,428.00 | 2,669,623.00 | 3,229,009.00 |
| Gross Profit | 4,115,630.00 | 4,976,929.00 | 5,282,753.00 | 6,192,288.00 |
| Operating Expenses | 2,582,860.00 | 2,671,913.00 | 3,655,210.00 | 4,184,843.00 |
| Selling, General and Administrative Expenses | 1,837,438.00 | 1,917,428.00 | 2,669,623.00 | 3,229,009.00 |
| Research and Development Expenses | 804,425.00 | 884,590.00 | 1,006,219.00 | 1,131,781.00 |
| Other Operating Expenses | -59,003.00 | -130,105.00 | -20,632.00 | -175,947.00 |
| Operating Income | 1,532,770.00 | 2,305,016.00 | 1,627,543.00 | 2,007,445.00 |
| Net Non-Operating Income | -90,509.00 | -26,685.00 | 118,325.00 | -16,000.00 |
| EBT | 1,825,379.00 | 2,652,361.00 | 2,031,217.00 | -2,095,064.00 |
| Income Tax | 845,022.00 | 630,023.00 | 562,281.00 | 822,556.00 |
| Net Income Including Non-Controlling Interests | 1,039,573.00 | 1,951,695.00 | 1,480,009.00 | -2,925,704.00 |
| Net Income Non-Controlling Interests | 0 | 5,886.00 | 4,274.00 | 11,996.00 |
| Net Income | 1,039,573.00 | 1,957,581.00 | 1,484,283.00 | -2,913,708.00 |
| EBIT | 1,953,225.00 | 2,714,584.00 | 2,114,747.00 | -2,021,288.00 |
| Deprecation and Amortization | 58,733.00 | 79,608.00 | 112,131.00 | 264,599.00 |
| EBITDA | 2,011,958.00 | 2,794,192.00 | 2,226,878.00 | -1,756,689.00 |
| EPS | 0.01 | 0.01 | 0.01 | -0.01 |
| Diluted EPS | 0.01 | 0.01 | 0.01 | -0.01 |
| Average Shares Outstanding Basic | 184,656.50 | 188,819.70 | 195,088.18 | 202,350.95 |
| Average Shares Outstanding Diluted | 186,795.99 | 200,916.66 | 211,905.14 | 202,350.95 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 1,639,994.00 | 2,277,161.00 | 1,226,891.00 | 1,559,198.00 |
| Operating Net Income | 1,039,573.00 | 1,951,695.00 | 1,480,009.00 | -2,925,704.00 |
| Deprecation and Amortization | 58,733.00 | 79,608.00 | 112,131.00 | 264,599.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 192,572.00 | 267,101.00 | 401,484.00 | 475,771.00 |
| Change in Working Capital | 312,340.00 | -131,744.00 | -637,736.00 | -662,011.00 |
| Other Operating Activities | 36,776.00 | 110,501.00 | -128,997.00 | 4,406,543.00 |
| Investing Cash Flow | -558,887.00 | 2,413,069.00 | 1,715,845.00 | 2,550,342.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -285,541.00 | -576,310.00 | -80,445.00 | -95,323.00 |
| Net Purchase/Sale of Investments Net | 127,886.00 | 2,986,039.00 | 1,789,657.00 | 2,645,830.00 |
| Net Purchase/Sale of Business | -136,642.00 | 0 | 0 | -8,750.00 |
| Other Investing Activities | -264,590.00 | 3,340.00 | 6,633.00 | 8,585.00 |
| Financing Cash Flow | 236,197.00 | -1,699,907.00 | -3,432,559.00 | -1,786,909.00 |
| Net Issuance/Repayment of Debt | 2,149,920.00 | -525,942.00 | -2,136,987.00 | 0 |
| Net Issuance/Repurchase of Equity | -1,197,439.00 | -212,195.00 | -392,374.00 | -862,865.00 |
| Dividends Paid | -716,302.00 | -958,052.00 | -840,997.00 | -852,743.00 |
| Other Financing Activities | 18.00 | -3,718.00 | -62,201.00 | -71,301.00 |
| Net Change in Cash | 1,317,304.00 | 2,990,323.00 | -489,823.00 | 2,322,631.00 |
| Cash at Beginning of Period | 8,282,912.00 | 5,198,601.00 | 5,647,034.00 | 3,366,072.00 |
| Cash at End of Period | 9,642,421.00 | 8,282,912.00 | 5,198,601.00 | 5,647,034.00 |
| Free Cash Flow | 1,354,453.00 | 1,700,851.00 | 1,146,446.00 | 1,463,875.00 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Assets | 16,515,137.00 | 16,727,803.00 | 18,382,970.00 | 18,152,629.00 | 17,474,494.00 |
| Current Assets | 11,085,875.00 | 10,104,381.00 | 12,011,870.00 | 11,421,064.00 | 8,784,132.00 |
| Cash and Short-Term Investments | 6,325,404.00 | 6,144,668.00 | 6,148,904.00 | 6,141,545.00 | 6,308,586.00 |
| Cash and Cash Equivalents | 5,017,224.00 | 5,381,833.00 | 4,122,659.00 | 3,301,235.00 | 5,958,586.00 |
| Short-Term Investments | 1,308,180.00 | 762,835.00 | 2,026,245.00 | 2,840,310.00 | 350,000.00 |
| Net Receivables | 238,778.00 | 222,213.00 | 914,707.00 | 186,374.00 | 184,840.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 4,521,693.00 | 3,737,500.00 | 4,948,259.00 | 5,093,145.00 | 2,290,706.00 |
| Non-Current Assets | 5,429,262.00 | 6,623,422.00 | 6,371,100.00 | 6,731,565.00 | 8,690,362.00 |
| Property, Plant, Equipment Net | 1,083,097.00 | 1,132,477.00 | 1,149,205.00 | 1,168,189.00 | 1,193,610.00 |
| Goodwill | 250,684.00 | 249,412.00 | 136,250.00 | 0 | 0 |
| Intangible Assets | 186,287.00 | 191,927.00 | 86,661.00 | 0 | 0 |
| Long-Term Investments | 1,195,290.00 | 863,342.00 | 825,533.00 | 783,521.00 | 726,981.00 |
| Non-Current Deferred Assets | 35,144.00 | 35,726.00 | 36,066.00 | 35,938.00 | 35,820.00 |
| Other Non-Current Assets | 2,678,760.00 | 4,150,538.00 | 4,137,385.00 | 0 | 0 |
| Liabilities | 5,521,756.00 | 5,462,297.00 | 6,950,297.00 | 6,847,262.00 | 6,109,430.00 |
| Current Liabilities | 4,844,796.00 | 4,903,340.00 | 6,398,532.00 | 6,250,738.00 | 3,446,111.00 |
| Payables and Expenses | 1,638,376.00 | 1,676,026.00 | 1,253,345.00 | 1,302,474.00 | 1,272,321.00 |
| Account Payables | 619,442.00 | 619,824.00 | 615,254.00 | 608,607.00 | 607,035.00 |
| Current Accrued Liabilities | 603,410.00 | 652,234.00 | 273,789.00 | 600,435.00 | 607,062.00 |
| Short-Term Debt | 2,717,945.00 | 2,762,100.00 | 4,466,082.00 | 4,478,283.00 | 1,701,229.00 |
| Other Current Liabilities | 488,475.00 | 465,214.00 | 679,105.00 | 469,981.00 | 472,561.00 |
| Non-Current Liabilities | 676,960.00 | 558,957.00 | 551,765.00 | 596,524.00 | 2,663,319.00 |
| Long-Term Debt | 60,676.00 | 95,565.00 | 115,105.00 | 142,803.00 | 2,117,057.00 |
| Other Non-Current Liabilities | 616,284.00 | 463,392.00 | 436,660.00 | 453,721.00 | 546,262.00 |
| Equity | 10,993,381.00 | 11,265,506.00 | 11,432,673.00 | 11,305,367.00 | 11,365,064.00 |
| Shareholders Equity | 10,806,110.00 | 11,078,235.00 | 11,245,402.00 | 11,123,526.00 | 11,183,223.00 |
| Capital Stock | 0 | 0 | 210.00 | 0 | 0 |
| Share Premium | 0 | 0 | 4,925,642.00 | 0 | 0 |
| Retained Earnings | 0 | 0 | 6,643,721.00 | 0 | 0 |
| Treasury Shares | 0 | 0 | 325,226.00 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 1,055.00 | 0 | 0 |
| Minority Interest | 0 | 0 | 187,271.00 | 0 | 0 |
| Debt | 2,778,621.00 | 2,857,665.00 | 4,581,187.00 | 4,621,086.00 | 3,818,286.00 |
| Net Debt | 0 | 0 | 201,452.00 | 1,022,079.00 | 0 |
| Common Shares Outstanding | 318,881.69 | 321,338.94 | 328,185.71 | 344,219.47 | 352,650.98 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Revenues | 2,620,368.00 | 2,520,835.00 | 2,636,496.00 | 2,674,664.00 | 2,691,391.00 |
| Cost Of Revenue | 1,607,712.00 | 1,569,074.00 | 1,724,821.00 | 1,623,723.00 | 1,595,789.00 |
| Interest Income | 105,513.00 | 120,338.00 | 124,045.00 | 134,875.00 | 130,937.00 |
| Interest Expense | 23,417.00 | 30,659.00 | 36,846.00 | 34,809.00 | 32,493.00 |
| Non-Interest Expense | 436,166.00 | 469,689.00 | 460,320.00 | 466,055.00 | 486,251.00 |
| Gross Profit | 1,012,656.00 | 951,761.00 | 911,675.00 | 1,050,941.00 | 1,095,602.00 |
| Operating Expenses | 609,160.00 | 652,276.00 | 674,989.00 | 640,216.00 | 670,558.00 |
| Selling, General and Administrative Expenses | 436,166.00 | 469,689.00 | 460,320.00 | 466,055.00 | 486,251.00 |
| Research and Development Expenses | 183,859.00 | 195,769.00 | 222,684.00 | 196,382.00 | 193,168.00 |
| Other Operating Expenses | -10,865.00 | -13,182.00 | -8,015.00 | -22,221.00 | -8,861.00 |
| Operating Income | 403,496.00 | 299,485.00 | 236,686.00 | 410,725.00 | 425,044.00 |
| Net Non-Operating Income | -40.00 | 0 | -46,639.00 | 0 | -34,625.00 |
| EBT | 485,552.00 | 389,164.00 | 277,246.00 | 510,791.00 | 488,863.00 |
| Income Tax | 638,390.00 | 70,406.00 | 89,497.00 | 95,298.00 | 102,614.00 |
| Net Income Including Non-Controlling Interests | -139,411.00 | 358,489.00 | 187,235.00 | 449,369.00 | 397,785.00 |
| Net Income Non-Controlling Interests | -793.00 | -495.00 | 0 | 0 | 0 |
| Net Income | -140,204.00 | 357,994.00 | 187,235.00 | 449,369.00 | 397,785.00 |
| EBIT | 508,969.00 | 419,823.00 | 314,092.00 | 545,600.00 | 521,356.00 |
| Deprecation and Amortization | 18,884.00 | 18,582.00 | 13,917.00 | 14,423.00 | 14,804.00 |
| EBITDA | 527,853.00 | 438,405.00 | 328,009.00 | 560,023.00 | 536,160.00 |
| 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 | 166,493.21 | 169,702.67 | 174,700.59 | 173,971.93 | 181,197.38 |
| Average Shares Outstanding Diluted | 166,493.21 | 172,952.64 | 177,662.96 | 182,971.20 | 188,951.79 |
| Breakdown | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 250,129.00 | 239,721.00 | 423,642.00 | 340,953.00 | 475,229.00 |
| Operating Net Income | -139,411.00 | 358,489.00 | 187,235.00 | 449,369.00 | 397,785.00 |
| Deprecation and Amortization | 18,884.00 | 18,582.00 | 13,917.00 | 14,423.00 | 14,804.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 37,801.00 | 40,860.00 | 42,493.00 | 43,951.00 | 51,458.00 |
| Change in Working Capital | 345,787.00 | -144,290.00 | 132,171.00 | -134,526.00 | -13,071.00 |
| Other Operating Activities | -12,932.00 | -33,920.00 | 47,826.00 | -32,264.00 | 24,253.00 |
| Investing Cash Flow | -104,731.00 | 1,007,755.00 | 884,032.00 | -2,277,350.00 | 576,222.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -26,162.00 | -27,814.00 | -21,727.00 | -19,796.00 | -199,842.00 |
| Net Purchase/Sale of Investments Net | -72,593.00 | 1,257,245.00 | 1,211,206.00 | -2,161,086.00 | 775,766.00 |
| Net Purchase/Sale of Business | 0 | -194,390.00 | 0 | 0 | 0 |
| Other Investing Activities | -5,976.00 | -27,286.00 | 0 | 0 | 298.00 |
| Financing Cash Flow | -463,876.00 | -1,892,457.00 | -425,175.00 | 553,063.00 | -1,110,861.00 |
| Net Issuance/Repayment of Debt | -20,500.00 | -1,690,930.00 | 0 | 818,500.00 | 0 |
| Net Issuance/Repurchase of Equity | -97,196.00 | -201,529.00 | -425,176.00 | -265,441.00 | -394,561.00 |
| Dividends Paid | -346,182.00 | 0 | 0 | 0 | -716,302.00 |
| Other Financing Activities | 2.00 | 0 | 1.00 | 4.00 | 2.00 |
| Net Change in Cash | -318,478.00 | -644,981.00 | 882,499.00 | -1,383,334.00 | -59,410.00 |
| Cash at Beginning of Period | 8,971,755.00 | 9,642,421.00 | 8,587,483.00 | 10,149,590.00 | 10,181,275.00 |
| Cash at End of Period | 8,599,657.00 | 8,971,755.00 | 9,642,421.00 | 8,587,483.00 | 10,149,590.00 |
| Free Cash Flow | 223,967.00 | 211,907.00 | 401,915.00 | 321,157.00 | 275,387.00 |