MSTR
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -47.79 | 2.01 | -0.11 | -1.02 | -49.81 |
| Price to Sales | 120.32 | 1.74 | 0.32 | 1.07 | 0.78 |
| Book Value Per Common Share | 94.68 | 158.36 | -67.68 | 97.70 | 57.11 |
| Price to Book | 3.06 | 0.40 | -0.21 | 0.56 | 0.68 |
| Price to Operating Cash Flow | -1051.63 | 67.92 | 49.92 | 5.81 | 7.02 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | 10.45 | 18.71 | -17.48 | -62.21 | -14.10 | -55.16 | 1.13 | 0.83 | 0.75 | -0.20 | -0.16 | -4.20 | -1.27 | -1.57 | -5.95 |
| Price to Sales | 247.53 | 476.57 | 665.60 | 89.87 | 127.85 | 25.43 | 1.03 | 1.66 | 2.84 | 0.65 | 0.77 | 4.60 | 1.51 | 2.60 | 5.33 |
| Book Value Per Common Share | 192.29 | 178.55 | 125.63 | 20.66 | 13.47 | 139.59 | 72.04 | 69.78 | 37.45 | -35.45 | -33.13 | 76.45 | 47.08 | 7.98 | 37.84 |
| Price to Book | 1.68 | 2.26 | 2.29 | 8.16 | 10.22 | 1.22 | 0.46 | 0.49 | 0.78 | -0.60 | -0.50 | 0.64 | 1.23 | 8.32 | 1.79 |
| Price to Operating Cash Flow | -1922.49 | -2881.18 | -30996.77 | -862.40 | 5509.92 | 102.52 | 33.22 | 21.24 | 9.25 | 11.20 | 8.12 | 12.57 | 6.26 | 8.40 | 10.44 |
| Price to Free Cash Flow | |||||||||||||||
| Enterprise Value to EBITDA | 72655.13 | 131830.98 | 577934.05 | 121493.13 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -6.61 | -0.60 | -2.25 | 6.25 | |
| EBITDA YoY | |||||
| Net Profit YoY | -59.21 |
| 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 | 42.67 | -29.21 | 5.67 | ||||||||||||
| Revenue YoY | 57.06 | 103.08 | 51.20 | 96.70 | 53.43 | 98.76 | 51.94 | 102.34 | 51.56 | 101.99 | |||||
| EBITDA YoY | 48.02 | -75.57 | -97.26 | ||||||||||||
| Net Profit YoY | 47.99 | 31913.88 | -97.81 | -29.67 | 4.82 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.21 | 3.56 | 4.49 | 6.43 | 6.27 |
| Quick Ratio | 0.62 | 0.72 | 0.76 | 0.81 | 0.90 |
| Current Ratio | 0.71 | 0.83 | 0.83 | 0.86 | 0.95 |
| Debt to Equity | 0.42 | 1.20 | -7.29 | 2.63 | 1.65 |
| Long-Term Debt to Equity | 0.40 | 1.05 | -6.46 | 2.31 | 1.13 |
| 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 | 0.21 | 0.20 | 0.24 | 0.26 | 0.33 | 4.87 | 4.02 | 5.80 | 8.15 | 5.93 | 6.69 | 8.76 | 5.93 | 5.94 | 8.68 |
| Quick Ratio | 0.52 | 0.54 | 0.54 | 0.54 | 0.41 | 0.64 | 0.66 | 0.70 | 0.75 | 0.68 | 0.71 | 0.74 | 0.72 | 0.69 | 0.83 |
| Current Ratio | 0.66 | 0.68 | 0.66 | 0.65 | 0.47 | 0.78 | 0.75 | 0.77 | 0.83 | 0.78 | 0.80 | 0.81 | 0.78 | 0.76 | 0.88 |
| Debt to Equity | 0.27 | 0.29 | 0.31 | 1.21 | 1.49 | 1.65 | 3.01 | 3.11 | 5.83 | -13.71 | -14.73 | 3.22 | 5.47 | 32.90 | 5.69 |
| Long-Term Debt to Equity | 0.26 | 0.28 | 0.30 | 1.13 | 1.33 | 1.52 | 2.70 | 2.77 | 5.12 | -12.41 | -13.26 | 2.86 | 4.92 | 29.35 | 4.92 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 0.68 | 9.01 | |||
| ROE | 0.96 | 19.82 | |||
| Gross Margin | 72.06 | 77.85 | 79.37 | 82.01 | 81.06 |
| Operating Margin | -404.01 | -15.23 | -254.24 | -153.15 | -4.15 |
| EBITDA Margin | -398.34 | -10.56 | -250.45 | -150.93 | -1.38 |
| Net Profit Margin | 37.77 | 86.47 |
| 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 | 11.67 | 8.96 | 0.04 | -5.94 | -2.21 | 10.08 | 14.37 | 15.24 | -47.94 | -46.45 | -14.92 | -15.60 | |||
| ROE | 14.78 | 11.52 | 0.05 | -13.14 | -5.49 | 40.46 | 59.02 | 104.06 | 609.18 | 637.76 | -96.57 | -528.77 | |||
| Gross Margin | 69.59 | 69.09 | 69.41 | 216.59 | 219.34 | 221.87 | 78.02 | 77.28 | 77.08 | 79.20 | 78.92 | 78.47 | 81.95 | 81.64 | 81.65 |
| Operating Margin | 3399.45 | 3605.95 | -5319.58 | -251.53 | -177.15 | -175.28 | -7.22 | -1.66 | 18.81 | -291.72 | -447.79 | -140.63 | -171.54 | -240.49 | -148.00 |
| EBITDA Margin | 3406.99 | 3614.92 | -5311.64 | -246.01 | -172.38 | -170.81 | -2.96 | 2.87 | 23.37 | -288.20 | -444.16 | -136.70 | -169.25 | -238.08 | -145.73 |
| Net Profit Margin | 2424.45 | 2572.99 | 16.32 | -144.66 | -68.67 | 91.45 | 199.51 | 378.29 | -332.72 | -494.32 | -118.41 | -164.90 |
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 | 25,843,685.00 | 4,762,528.00 | 2,410,272.00 | 3,557,124.00 | 1,465,612.00 |
| Current Assets | 252,324.00 | 267,895.00 | 264,566.00 | 267,965.00 | 272,620.00 |
| Cash and Short-Term Investments | 39,897.00 | 48,673.00 | 50,868.00 | 64,434.00 | 60,759.00 |
| Cash and Cash Equivalents | 39,897.00 | 48,673.00 | 50,868.00 | 64,434.00 | 60,759.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 181,203.00 | 183,815.00 | 189,280.00 | 189,280.00 | 197,461.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 31,224.00 | 35,407.00 | 24,418.00 | 14,251.00 | 14,400.00 |
| Non-Current Assets | 25,591,361.00 | 4,494,633.00 | 2,145,706.00 | 3,289,159.00 | 1,192,992.00 |
| Property, Plant, Equipment Net | 123,687.00 | 134,384.00 | 146,110.00 | 252,847.00 | 279,172.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 23,909,373.00 | 3,890,376.00 | 1,840,028.00 | 2,850,210.00 | 1,054,302.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 1,525,307.00 | 757,573.00 | 188,152.00 | 319,782.00 | 6,503.00 |
| Other Non-Current Assets | 32,994.00 | -287,700.00 | -28,584.00 | -133,680.00 | -146,985.00 |
| Liabilities | 7,613,701.00 | 2,597,556.00 | 2,793,392.00 | 2,578,166.00 | 912,567.00 |
| Current Liabilities | 355,384.00 | 323,273.00 | 317,403.00 | 311,985.00 | 285,618.00 |
| Payables and Expenses | 63,911.00 | 51,538.00 | 56,545.00 | 56,041.00 | 49,249.00 |
| Account Payables | 5,549.00 | 1,493.00 | 2,829.00 | 1,493.00 | 0 |
| Current Accrued Liabilities | 58,362.00 | 50,045.00 | 53,716.00 | 54,548.00 | 49,249.00 |
| Short-Term Debt | 1,017.00 | 983.00 | 954.00 | 9,211.00 | 10,813.00 |
| Other Current Liabilities | 290,456.00 | 270,752.00 | 259,904.00 | 246,733.00 | 225,556.00 |
| Non-Current Liabilities | 7,258,317.00 | 2,274,283.00 | 2,475,989.00 | 2,266,181.00 | 626,949.00 |
| Long-Term Debt | 7,247,561.00 | 2,243,194.00 | 2,445,904.00 | 2,231,759.00 | 1,543,426.00 |
| Other Non-Current Liabilities | 10,756.00 | 31,089.00 | 30,085.00 | 34,422.00 | -916,477.00 |
| Equity | 18,229,984.00 | 2,164,972.00 | -383,120.00 | 978,958.00 | 553,045.00 |
| Shareholders Equity | 18,229,984.00 | 2,164,972.00 | -766,240.00 | 978,958.00 | 553,045.00 |
| Capital Stock | 246.00 | 26.00 | 20.00 | 20.00 | 18.00 |
| Share Premium | 20,411,998.00 | 3,957,728.00 | 1,841,120.00 | 1,727,143.00 | 763,051.00 |
| Retained Earnings | -2,166,876.00 | -999,234.00 | -1,428,355.00 | 158,442.00 | 1,288,230.00 |
| Treasury Shares | 590,900.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 |
| Accumulated Other Comprehensive Income | -15,384.00 | -11,444.00 | -13,801.00 | -7,543.00 | -3,885.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 7,248,578.00 | 2,244,177.00 | 2,446,858.00 | 2,231,759.00 | 1,543,426.00 |
| Net Debt | 7,208,681.00 | 2,195,504.00 | 2,395,990.00 | 2,167,325.00 | 1,482,667.00 |
| 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 | 463,456.00 | 496,261.00 | 499,264.00 | 510,762.00 | 480,735.00 |
| Cost Of Revenue | 129,468.00 | 109,944.00 | 102,989.00 | 91,909.00 | 91,055.00 |
| Gross Profit | 333,988.00 | 386,317.00 | 396,275.00 | 418,853.00 | 389,680.00 |
| Operating Expenses | 2,186,966.00 | 501,364.00 | 1,672,017.00 | 1,203,380.00 | 403,305.00 |
| Selling, General and Administrative Expenses | 490,182.00 | 264,983.00 | 258,303.00 | 255,642.00 | 229,046.00 |
| Research and Development Expenses | 118,486.00 | 120,530.00 | 127,428.00 | 117,117.00 | 103,561.00 |
| Other Operating Expenses | 1,578,298.00 | 115,851.00 | 1,286,286.00 | 830,621.00 | 70,698.00 |
| Operating Income | -1,852,978.00 | -115,047.00 | -1,275,742.00 | -784,527.00 | -13,625.00 |
| Net Non-Operating Income | -81,368.00 | -9,478.00 | -46,723.00 | -26,862.00 | -6,328.00 |
| Interest Expense | 61,941.00 | 48,960.00 | 53,136.00 | 29,149.00 | 0.00 |
| Net Interest | -61,941.00 | -48,960.00 | -53,136.00 | -29,149.00 | 710.00 |
| EBT | -1,934,346.00 | -124,525.00 | -1,322,465.00 | -811,389.00 | -19,953.00 |
| Income Tax | 1,535,370.00 | 553,646.00 | 147,332.00 | 275,909.00 | 12,429.00 |
| Net Income | 175,060.00 | 429,121.00 | 0 | 0 | 0 |
| EBIT | -1,872,405.00 | -75,565.00 | -1,269,329.00 | -782,240.00 | -19,953.00 |
| Deprecation and Amortization | 26,283.00 | 23,170.00 | 18,946.00 | 11,358.00 | 13,332.00 |
| EBITDA | -1,846,122.00 | -52,395.00 | -1,250,383.00 | -770,882.00 | -6,621.00 |
| EPS | -0.01 | 0.03 | -0.13 | -0.05 | -0.00 |
| Diluted EPS | -0.01 | 0.03 | -0.13 | -0.05 | -0.00 |
| Average Shares Outstanding Basic | 192,549.00 | 13,671.00 | 11,321.00 | 10,020.00 | 9,684.00 |
| Average Shares Outstanding Diluted | 192,549.00 | 19,461.00 | 11,321.00 | 10,020.00 | 9,684.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -53,032.00 | 12,712.00 | 3,211.00 | 93,833.00 | 53,619.00 |
| Operating Net Income | -1,166,661.00 | 429,121.00 | -1,469,797.00 | -535,480.00 | -7,524.00 |
| Deprecation and Amortization | 26,283.00 | 23,170.00 | 18,946.00 | 11,358.00 | 13,332.00 |
| Deferred Income Tax | -774,586.00 | -568,949.00 | 131,493.00 | -284,221.00 | -20,830.00 |
| Share Based Compensation | 77,124.00 | 69,571.00 | 63,619.00 | 44,126.00 | 11,153.00 |
| Change in Working Capital | -29,845.00 | -7,471.00 | 11,203.00 | 19,553.00 | -15,586.00 |
| Other Operating Activities | 1,814,653.00 | 67,270.00 | 1,247,747.00 | 838,497.00 | 73,074.00 |
| Investing Cash Flow | -22,086,237.00 | -1,905,237.00 | -278,590.00 | -2,629,235.00 | -1,018,693.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 22,075,737.00 | 1,905,237.00 | 302,224.00 | 2,629,235.00 | 1,128,651.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -44,161,974.00 | -3,810,474.00 | -580,814.00 | -5,258,470.00 | -2,147,344.00 |
| Financing Cash Flow | 22,132,641.00 | 1,889,886.00 | 265,188.00 | 2,541,685.00 | 563,233.00 |
| Net Issuance/Repayment of Debt | 6,214,687.00 | 513.00 | 246.00 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 16,551,614.00 | 2,063,687.00 | 52,458.00 | 2,031,151.00 | 174,306.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -633,660.00 | -174,314.00 | 212,484.00 | 510,534.00 | 388,927.00 |
| Net Change in Cash | -8,776.00 | -2,195.00 | -13,566.00 | 3,675.00 | -397,057.00 |
| Cash at Beginning of Period | 48,673.00 | 50,868.00 | 64,434.00 | 60,759.00 | 457,816.00 |
| Cash at End of Period | 39,897.00 | 48,673.00 | 50,868.00 | 64,434.00 | 60,759.00 |
| 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 | 73,619,038.00 | 64,773,415.00 | 43,919,760.00 | 25,843,685.00 | 8,343,581.00 | 7,053,073.00 | 6,351,539.00 | 4,762,528.00 | 3,373,941.00 | 3,363,104.00 | 3,026,402.00 | 2,410,272.00 | 2,545,286.00 | 2,568,365.00 | 3,638,387.00 | 3,557,124.00 | 2,986,244.00 | 2,624,359.00 | 2,443,079.00 | 1,465,612.00 |
| Current Assets | 213,951.00 | 213,461.00 | 203,612.00 | 252,324.00 | 186,042.00 | 208,269.00 | 241,592.00 | 267,895.00 | 199,565.00 | 209,634.00 | 259,676.00 | 264,566.00 | 202,293.00 | 219,682.00 | 246,988.00 | 267,965.00 | 197,622.00 | 208,458.00 | 250,754.00 | 272,620.00 |
| Cash and Short-Term Investments | 56,200.00 | 52,132.00 | 62,258.00 | 39,897.00 | 48,205.00 | 68,801.00 | 83,728.00 | 48,673.00 | 46,874.00 | 68,053.00 | 96,464.00 | 50,868.00 | 66,968.00 | 75,541.00 | 98,942.00 | 64,434.00 | 58,124.00 | 57,604.00 | 83,738.00 | 60,759.00 |
| Cash and Cash Equivalents | 56,200.00 | 52,132.00 | 62,258.00 | 39,897.00 | 48,205.00 | 68,801.00 | 83,728.00 | 48,673.00 | 46,874.00 | 68,053.00 | 96,464.00 | 50,868.00 | 66,968.00 | 75,541.00 | 98,942.00 | 64,434.00 | 58,124.00 | 57,604.00 | 83,738.00 | 60,759.00 |
| 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 | 113,406.00 | 117,870.00 | 104,585.00 | 181,203.00 | 107,169.00 | 112,234.00 | 115,150.00 | 183,815.00 | 128,650.00 | 121,901.00 | 139,178.00 | 189,280.00 | 109,926.00 | 118,645.00 | 126,930.00 | 189,280.00 | 123,748.00 | 131,516.00 | 150,626.00 | 197,461.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 44,345.00 | 43,459.00 | 36,769.00 | 31,224.00 | 30,668.00 | 27,234.00 | 42,714.00 | 35,407.00 | 24,041.00 | 19,680.00 | 24,034.00 | 24,418.00 | 25,399.00 | 25,496.00 | 21,116.00 | 14,251.00 | 15,750.00 | 19,338.00 | 16,390.00 | 14,400.00 |
| Non-Current Assets | 73,405,087.00 | 64,559,954.00 | 43,716,148.00 | 25,591,361.00 | 8,157,539.00 | 6,844,804.00 | 6,109,947.00 | 4,494,633.00 | 3,174,376.00 | 3,153,470.00 | 2,766,726.00 | 2,145,706.00 | 2,342,993.00 | 2,348,683.00 | 3,391,399.00 | 3,289,159.00 | 2,788,622.00 | 2,415,901.00 | 2,192,325.00 | 1,192,992.00 |
| Property, Plant, Equipment Net | 79,185.00 | 81,776.00 | 81,405.00 | 123,687.00 | 82,825.00 | 81,923.00 | 84,201.00 | 134,384.00 | 84,734.00 | 88,771.00 | 90,993.00 | 146,110.00 | 95,935.00 | 99,749.00 | 100,317.00 | 252,847.00 | 231,888.00 | 237,399.00 | 241,958.00 | 279,172.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 73,205,725.00 | 64,362,798.00 | 43,546,079.00 | 23,909,373.00 | 6,850,879.00 | 7,907,890.00 | 6,680,152.00 | 3,890,376.00 | 2,702,474.00 | 2,562,752.00 | 2,000,392.00 | 1,840,028.00 | 1,993,032.00 | 1,987,781.00 | 2,895,619.00 | 2,850,210.00 | 2,405,739.00 | 2,051,039.00 | 1,946,582.00 | 1,054,302.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 5,835.00 | 5,716.00 | 5,403.00 | 1,525,307.00 | 1,172,726.00 | 1,031,542.00 | 919,837.00 | 757,573.00 | 614,112.00 | 719,026.00 | 651,516.00 | 188,152.00 | 233,034.00 | 243,367.00 | 377,282.00 | 319,782.00 | 261,138.00 | 239,107.00 | 118,272.00 | 6,503.00 |
| Other Non-Current Assets | 114,342.00 | 109,664.00 | 83,261.00 | 32,994.00 | 51,109.00 | -2,176,551.00 | -1,574,243.00 | -287,700.00 | -226,944.00 | -217,079.00 | 23,825.00 | -28,584.00 | 20,992.00 | 17,786.00 | 18,181.00 | -133,680.00 | -110,143.00 | -111,644.00 | -114,487.00 | -146,985.00 |
| Liabilities | 15,501,990.00 | 14,402,450.00 | 10,394,027.00 | 7,613,701.00 | 4,569,932.00 | 4,218,274.00 | 3,951,434.00 | 2,597,556.00 | 2,533,546.00 | 2,543,986.00 | 2,583,191.00 | 2,793,392.00 | 2,745,575.00 | 2,755,433.00 | 2,775,388.00 | 2,578,166.00 | 2,524,930.00 | 2,546,940.00 | 2,078,041.00 | 912,567.00 |
| Current Liabilities | 324,090.00 | 314,572.00 | 308,689.00 | 355,384.00 | 288,111.00 | 446,063.00 | 309,808.00 | 323,273.00 | 267,721.00 | 272,930.00 | 312,399.00 | 317,403.00 | 260,520.00 | 274,100.00 | 304,875.00 | 311,985.00 | 253,910.00 | 274,998.00 | 283,620.00 | 285,618.00 |
| Payables and Expenses | 74,410.00 | 55,752.00 | 38,755.00 | 63,911.00 | 57,486.00 | 51,919.00 | 51,495.00 | 51,538.00 | 53,773.00 | 42,985.00 | 49,567.00 | 56,545.00 | 57,740.00 | 50,042.00 | 54,270.00 | 56,041.00 | 47,759.00 | 50,944.00 | 44,824.00 | 49,249.00 |
| Account Payables | 29,896.00 | 5,620.00 | 5,970.00 | 5,549.00 | 5,800.00 | 5,066.00 | 10,878.00 | 1,493.00 | 10,368.00 | 1,493.00 | 10,368.00 | 2,829.00 | 11,394.00 | 2,269.00 | 10,544.00 | 1,493.00 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 44,514.00 | 50,132.00 | 32,785.00 | 58,362.00 | 51,686.00 | 46,853.00 | 40,617.00 | 50,045.00 | 43,405.00 | 41,492.00 | 39,199.00 | 53,716.00 | 46,346.00 | 47,773.00 | 43,726.00 | 54,548.00 | 47,759.00 | 50,944.00 | 44,824.00 | 49,249.00 |
| Short-Term Debt | 616.00 | 649.00 | 1,025.00 | 1,017.00 | 1,009.00 | 145,619.00 | 992.00 | 983.00 | 975.00 | 968.00 | 960.00 | 954.00 | 0 | 0 | 0 | 9,211.00 | 0 | 0 | 0 | 10,813.00 |
| Other Current Liabilities | 249,064.00 | 258,171.00 | 268,909.00 | 290,456.00 | 229,616.00 | 248,525.00 | 257,321.00 | 270,752.00 | 212,973.00 | 228,977.00 | 261,872.00 | 259,904.00 | 202,780.00 | 224,058.00 | 250,605.00 | 246,733.00 | 206,151.00 | 224,054.00 | 238,796.00 | 225,556.00 |
| Non-Current Liabilities | 15,177,900.00 | 14,087,878.00 | 10,085,338.00 | 7,258,317.00 | 4,281,821.00 | 3,772,211.00 | 3,641,626.00 | 2,274,283.00 | 2,265,825.00 | 2,271,056.00 | 2,270,792.00 | 2,475,989.00 | 2,485,055.00 | 2,481,333.00 | 2,470,513.00 | 2,266,181.00 | 2,271,020.00 | 2,271,942.00 | 1,794,421.00 | 626,949.00 |
| Long-Term Debt | 8,221,749.00 | 8,213,499.00 | 8,193,847.00 | 7,247,561.00 | 4,269,444.00 | 3,759,925.00 | 3,617,231.00 | 2,243,194.00 | 2,239,758.00 | 2,241,788.00 | 2,241,273.00 | 2,445,904.00 | 2,446,213.00 | 2,447,025.00 | 2,435,821.00 | 2,231,759.00 | 2,231,973.00 | 2,231,827.00 | 3,405,677.00 | 1,543,426.00 |
| Other Non-Current Liabilities | 6,956,151.00 | 5,874,379.00 | 1,891,491.00 | 10,756.00 | 12,377.00 | 12,286.00 | 24,395.00 | 31,089.00 | 26,067.00 | 29,268.00 | 29,519.00 | 30,085.00 | 38,842.00 | 34,308.00 | 34,692.00 | 34,422.00 | 39,047.00 | 40,115.00 | -1,611,256.00 | -916,477.00 |
| Equity | 58,117,048.00 | 50,370,965.00 | 33,525,733.00 | 18,229,984.00 | 3,773,649.00 | 2,834,799.00 | 2,400,105.00 | 2,164,972.00 | 840,395.00 | 819,118.00 | 443,211.00 | -383,120.00 | -200,289.00 | -187,068.00 | 862,999.00 | 978,958.00 | 461,314.00 | 77,419.00 | 365,038.00 | 553,045.00 |
| Shareholders Equity | 52,330,718.00 | 47,477,044.00 | 32,221,236.00 | 18,229,984.00 | 3,773,649.00 | 2,834,799.00 | 2,400,105.00 | 2,164,972.00 | 840,395.00 | 819,118.00 | 443,211.00 | -766,240.00 | -400,578.00 | -374,136.00 | 862,999.00 | 978,958.00 | 461,314.00 | 77,419.00 | 365,038.00 | 553,045.00 |
| Capital Stock | 287.00 | 281.00 | 267.00 | 246.00 | 212.00 | 28.00 | 26.00 | 26.00 | 23.00 | 23.00 | 22.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 19.00 | 18.00 | 18.00 | 18.00 |
| Share Premium | 33,390,487.00 | 31,158,044.00 | 25,881,089.00 | 20,411,998.00 | 6,060,206.00 | 4,785,336.00 | 4,247,704.00 | 3,957,728.00 | 2,726,191.00 | 2,559,268.00 | 2,205,518.00 | 1,841,120.00 | 1,778,660.00 | 1,760,288.00 | 1,743,944.00 | 1,727,143.00 | 1,118,761.00 | 697,274.00 | 685,943.00 | 763,051.00 |
| Retained Earnings | 18,945,057.00 | 16,323,739.00 | 6,351,847.00 | -2,166,876.00 | -1,495,085.00 | -1,154,911.00 | -1,052,352.00 | -999,234.00 | -1,088,360.00 | -944,919.00 | -967,162.00 | -1,428,355.00 | -1,178,686.00 | -1,151,607.00 | -89,309.00 | 158,442.00 | 131,419.00 | 167,555.00 | 466,902.00 | 1,288,230.00 |
| Treasury Shares | 0 | 0 | 0 | 590,900.00 | 782,104.00 | 782,104.00 | 782,104.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 | 1,373,004.00 |
| Accumulated Other Comprehensive Income | -5,113.00 | -5,020.00 | -11,967.00 | -15,384.00 | -9,580.00 | -13,550.00 | -13,169.00 | -11,444.00 | -15,355.00 | -13,150.00 | -13,063.00 | -13,801.00 | -18,179.00 | -13,665.00 | -9,552.00 | -7,543.00 | -6,781.00 | -5,324.00 | -5,721.00 | -3,885.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 8,222,365.00 | 8,214,148.00 | 8,194,872.00 | 7,248,578.00 | 4,270,453.00 | 3,905,544.00 | 3,618,223.00 | 2,244,177.00 | 2,240,733.00 | 2,242,756.00 | 2,242,233.00 | 2,446,858.00 | 2,446,213.00 | 2,447,025.00 | 2,435,821.00 | 2,231,759.00 | 2,231,973.00 | 2,231,827.00 | 3,405,677.00 | 1,543,426.00 |
| Net Debt | 8,166,165.00 | 8,162,016.00 | 8,132,614.00 | 7,208,681.00 | 4,222,248.00 | 3,836,743.00 | 3,534,495.00 | 2,195,504.00 | 2,193,859.00 | 2,174,703.00 | 2,145,769.00 | 2,395,990.00 | 2,379,245.00 | 2,371,484.00 | 2,336,879.00 | 2,167,325.00 | 2,173,849.00 | 2,174,223.00 | 3,321,939.00 | 1,482,667.00 |
| 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 | 354,245.00 | 225,554.00 | 111,066.00 | -221,237.00 | 342,759.00 | 226,688.00 | 115,246.00 | -239,746.00 | 371,777.00 | 242,315.00 | 121,915.00 | -228,073.00 | 366,710.00 | 241,350.00 | 119,277.00 | -236,640.00 | 376,247.00 | 248,253.00 | 122,902.00 |
| Cost Of Revenue | 107,734.00 | 69,721.00 | 33,971.00 | 940,062.00 | -399,621.00 | -270,526.00 | -140,447.00 | -54,782.00 | 81,723.00 | 55,062.00 | 27,941.00 | -49,835.00 | 76,266.00 | 50,881.00 | 25,677.00 | -44,133.00 | 67,906.00 | 45,587.00 | 22,549.00 |
| Gross Profit | 246,511.00 | 155,833.00 | 77,095.00 | -1,161,299.00 | 742,380.00 | 497,214.00 | 255,693.00 | -184,964.00 | 290,054.00 | 187,253.00 | 93,974.00 | -178,238.00 | 290,444.00 | 190,469.00 | 93,600.00 | -192,507.00 | 308,341.00 | 202,666.00 | 100,353.00 |
| Operating Expenses | -11,754,909.00 | -7,954,745.00 | 5,998,507.00 | -3,641,029.00 | 3,252,054.00 | 1,709,142.00 | 866,799.00 | -209,501.00 | 362,316.00 | 234,268.00 | 114,281.00 | -1,242,564.00 | 1,372,469.00 | 1,278,552.00 | 263,560.00 | -835,591.00 | 955,401.00 | 800,065.00 | 283,505.00 |
| Selling, General and Administrative Expenses | 355,431.00 | 238,038.00 | 115,375.00 | 76,152.00 | 207,416.00 | 138,497.00 | 68,117.00 | -124,862.00 | 195,331.00 | 130,502.00 | 64,012.00 | -114,955.00 | 188,002.00 | 125,310.00 | 59,946.00 | -112,575.00 | 185,125.00 | 123,165.00 | 59,927.00 |
| Research and Development Expenses | 71,096.00 | 48,494.00 | 24,423.00 | -62,986.00 | 92,795.00 | 59,494.00 | 29,183.00 | -61,912.00 | 90,372.00 | 60,712.00 | 31,358.00 | -67,219.00 | 95,811.00 | 65,313.00 | 33,523.00 | -56,639.00 | 86,242.00 | 58,031.00 | 29,483.00 |
| Other Operating Expenses | -12,181,436.00 | -8,241,277.00 | 5,858,709.00 | -3,654,195.00 | 2,951,843.00 | 1,511,151.00 | 769,499.00 | -22,727.00 | 76,613.00 | 43,054.00 | 18,911.00 | -1,060,390.00 | 1,088,656.00 | 1,087,929.00 | 170,091.00 | -666,377.00 | 684,034.00 | 618,869.00 | 194,095.00 |
| Operating Income | 12,001,420.00 | 8,110,578.00 | -5,921,412.00 | 2,479,730.00 | -2,509,674.00 | -1,211,928.00 | -611,106.00 | 24,537.00 | -72,262.00 | -47,015.00 | -20,307.00 | 1,064,326.00 | -1,082,025.00 | -1,088,083.00 | -169,960.00 | 643,084.00 | -647,060.00 | -597,399.00 | -183,152.00 |
| Net Non-Operating Income | -66,816.00 | -47,210.00 | -21,042.00 | -2,863,645.00 | 1,602,063.00 | 782,995.00 | 397,219.00 | -63,140.00 | 8,381.00 | 16,968.00 | 28,313.00 | 5,029.00 | -26,057.00 | -16,881.00 | -8,814.00 | -3,411.00 | -15,889.00 | -6,430.00 | -1,132.00 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.00 |
| Interest Expense | 107,786.00 | 70,006.00 | 34,212.00 | -22,763.00 | 45,476.00 | 27,347.00 | 11,881.00 | -29,026.00 | 37,031.00 | 26,025.00 | 14,930.00 | -20,428.00 | 38,299.00 | 24,226.00 | 11,039.00 | 2,441.00 | 17,520.00 | 6,797.00 | 2,391.00 |
| Net Interest | -107,786.00 | -70,006.00 | -34,212.00 | 22,763.00 | -45,476.00 | -27,347.00 | -11,881.00 | 29,026.00 | -37,031.00 | -26,025.00 | -14,930.00 | 20,428.00 | -38,299.00 | -24,226.00 | -11,039.00 | -2,436.00 | -17,520.00 | -6,797.00 | -2,396.00 |
| EBT | 11,934,604.00 | 8,063,368.00 | -5,942,454.00 | -383,915.00 | -907,611.00 | -428,933.00 | -213,887.00 | -38,603.00 | -63,881.00 | -30,047.00 | 8,006.00 | 1,069,355.00 | -1,108,082.00 | -1,104,964.00 | -178,774.00 | 639,673.00 | -662,949.00 | -603,829.00 | -184,284.00 |
| Income Tax | 3,346,104.00 | 2,259,892.00 | 3,450,168.00 | 689,585.00 | 411,760.00 | 273,256.00 | 160,769.00 | -816,900.00 | 403,876.00 | 513,483.00 | 453,187.00 | -100,822.00 | 112,046.00 | 88,085.00 | 48,023.00 | -210,263.00 | 217,446.00 | 194,462.00 | 74,264.00 |
| Net Income | 8,588,500.00 | 5,803,476.00 | 18,128.00 | 826,588.00 | -495,851.00 | -155,677.00 | 0 | -855,503.00 | 339,995.00 | 483,436.00 | 461,193.00 | 0 | -1,220,128.00 | -1,193,049.00 | 0 | 0 | -445,503.00 | -409,367.00 | 0 |
| EBIT | 12,042,390.00 | 8,133,374.00 | -5,908,242.00 | -406,678.00 | -862,135.00 | -401,586.00 | -202,006.00 | -67,629.00 | -26,850.00 | -4,022.00 | 22,936.00 | 1,048,927.00 | -1,069,783.00 | -1,080,738.00 | -167,735.00 | 642,114.00 | -645,429.00 | -597,032.00 | -181,893.00 |
| Deprecation and Amortization | 26,684.00 | 20,219.00 | 8,815.00 | -8,611.00 | 18,907.00 | 10,827.00 | 5,160.00 | -9,209.00 | 15,843.00 | 10,981.00 | 5,555.00 | -7,433.00 | 12,937.00 | 8,757.00 | 4,685.00 | -6,060.00 | 8,639.00 | 5,997.00 | 2,782.00 |
| EBITDA | 12,069,074.00 | 8,153,593.00 | -5,899,427.00 | -415,289.00 | -843,228.00 | -390,759.00 | -196,846.00 | -76,838.00 | -11,007.00 | 6,959.00 | 28,491.00 | 1,041,494.00 | -1,056,846.00 | -1,071,981.00 | -163,050.00 | 636,054.00 | -636,790.00 | -591,035.00 | -179,111.00 |
| EPS | 0.03 | 0.02 | -0.02 | 0.00 | -0.00 | -0.01 | -0.00 | -0.00 | 0.03 | 0.04 | 0.04 | 0.00 | -0.11 | -0.11 | -0.01 | 0.00 | -0.05 | -0.04 | -0.01 |
| Diluted EPS | 0.03 | 0.02 | -0.02 | 0.00 | -0.00 | -0.01 | -0.00 | 0.00 | 0.02 | 0.03 | 0.03 | 0.00 | -0.11 | -0.11 | -0.01 | 0.00 | -0.05 | -0.04 | -0.01 |
| Average Shares Outstanding Basic | 272,143.00 | 265,910.00 | 256,473.00 | 359,911.00 | 182,695.00 | 210,396.00 | 17,194.00 | 19,446.00 | 11,665.00 | 11,739.00 | 11,834.00 | 11,402.00 | 11,299.00 | 11,294.00 | 11,289.00 | 10,938.00 | 9,798.00 | 9,697.00 | 9,647.00 |
| Average Shares Outstanding Diluted | 335,829.00 | 330,168.00 | 256,473.00 | 377,444.00 | 182,695.00 | 192,863.00 | 17,194.00 | 25,840.00 | 17,359.00 | 17,329.00 | 17,316.00 | 11,402.00 | 11,299.00 | 11,294.00 | 11,289.00 | 10,938.00 | 9,798.00 | 9,697.00 | 9,647.00 |
| 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 | -45,612.00 | -37,302.00 | -2,389.00 | -51,169.00 | -35,708.00 | 5,258.00 | 28,587.00 | -55,138.00 | 11,528.00 | 18,925.00 | 37,397.00 | -84,743.00 | 21,409.00 | 22,863.00 | 43,682.00 | -136,131.00 | 90,586.00 | 76,675.00 | 62,703.00 |
| Operating Net Income | 8,588,500.00 | 5,803,476.00 | -4,217,370.00 | -462,015.00 | -495,851.00 | -155,677.00 | -53,118.00 | -855,503.00 | 339,995.00 | 483,436.00 | 461,193.00 | 1,074,131.00 | -1,220,128.00 | -1,193,049.00 | -130,751.00 | 429,410.00 | -445,503.00 | -409,367.00 | -110,020.00 |
| Deprecation and Amortization | 26,684.00 | 20,219.00 | 8,815.00 | -8,611.00 | 18,907.00 | 10,827.00 | 5,160.00 | -9,209.00 | 15,843.00 | 10,981.00 | 5,555.00 | -7,433.00 | 12,937.00 | 8,757.00 | 4,685.00 | -6,060.00 | 8,639.00 | 5,997.00 | 2,782.00 |
| Deferred Income Tax | 3,336,445.00 | 2,254,166.00 | -1,728,363.00 | 84,543.00 | -419,965.00 | -278,067.00 | -161,097.00 | 847,726.00 | -425,986.00 | -530,628.00 | -460,061.00 | 22,663.00 | 90,166.00 | 76,109.00 | -57,445.00 | 211,249.00 | -221,328.00 | -197,383.00 | -76,759.00 |
| Share Based Compensation | 43,044.00 | 27,561.00 | 11,819.00 | -36,868.00 | 57,789.00 | 38,412.00 | 17,791.00 | -30,888.00 | 49,855.00 | 33,049.00 | 17,555.00 | -27,050.00 | 46,587.00 | 29,688.00 | 14,394.00 | -13,365.00 | 30,973.00 | 18,807.00 | 7,711.00 |
| Change in Working Capital | -32,669.00 | -1,360.00 | 10,899.00 | 22,102.00 | -56,904.00 | -22,515.00 | 27,472.00 | 9,563.00 | -11,755.00 | -23,358.00 | 18,079.00 | -78,539.00 | 24,032.00 | 22,109.00 | 43,601.00 | -55,309.00 | 12,921.00 | 25,261.00 | 36,680.00 |
| Other Operating Activities | -12,007,616.00 | -8,141,364.00 | 5,911,811.00 | 349,680.00 | 860,316.00 | 412,278.00 | 192,379.00 | -16,827.00 | 43,576.00 | 45,445.00 | -4,924.00 | -1,068,515.00 | 1,067,815.00 | 1,079,249.00 | 169,198.00 | -702,056.00 | 704,884.00 | 633,360.00 | 202,309.00 |
| Investing Cash Flow | -19,417,576.00 | -14,457,699.00 | -7,670,400.00 | -13,999,074.00 | -4,010,904.00 | -2,435,405.00 | -1,640,854.00 | -507,497.00 | -690,550.00 | -527,416.00 | -179,774.00 | 397,899.00 | -233,329.00 | -227,019.00 | -216,141.00 | 2,111,888.00 | -2,037,353.00 | -1,616,948.00 | -1,086,822.00 |
| 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 | 19,390,576.00 | 14,435,699.00 | 7,664,400.00 | 13,988,574.00 | 4,010,904.00 | 2,435,405.00 | 1,640,854.00 | 507,497.00 | 690,550.00 | 527,416.00 | 179,774.00 | -374,265.00 | 233,329.00 | 227,019.00 | 216,141.00 | -2,111,888.00 | 2,037,353.00 | 1,616,948.00 | 1,086,822.00 |
| 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 | -38,808,152.00 | -28,893,398.00 | -15,334,800.00 | -27,987,648.00 | -8,021,808.00 | -4,870,810.00 | -3,281,708.00 | -1,014,994.00 | -1,381,100.00 | -1,054,832.00 | -359,548.00 | 772,164.00 | -466,658.00 | -454,038.00 | -432,282.00 | 4,223,776.00 | -4,074,706.00 | -3,233,896.00 | -2,173,644.00 |
| Financing Cash Flow | 19,476,842.00 | 14,504,460.00 | 7,694,305.00 | 13,986,343.00 | 4,046,067.00 | 2,451,831.00 | 1,648,400.00 | 500,328.00 | 676,025.00 | 525,911.00 | 187,622.00 | -380,641.00 | 220,051.00 | 218,487.00 | 207,291.00 | -1,991,829.00 | 1,946,169.00 | 1,538,087.00 | 1,049,258.00 |
| Net Issuance/Repayment of Debt | 2,000,566.00 | 2,000,425.00 | 2,000,284.00 | -607,805.00 | 3,214,549.00 | 2,204,060.00 | 1,403,883.00 | -251.00 | 382.00 | 254.00 | 128.00 | 125.00 | 121.00 | 0 | 0 | 0 | 1,050,000.00 | 1,050,000.00 | 2,076,000.00 |
| Net Issuance/Repurchase of Equity | 17,801,296.39 | 12,638,206.59 | 7,030,251.00 | 14,575,396.00 | 1,408,323.00 | 293,185.00 | 274,710.00 | 180,826.00 | 842,117.00 | 690,552.00 | 350,192.00 | 40,044.00 | 5,805.00 | 3,516.00 | 3,093.00 | 1,148,349.00 | 834,850.00 | 24,098.00 | 23,854.00 |
| Dividends Paid | 197,922.00 | 58,142.00 | 9,188.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -522,942.39 | -192,313.58 | -1,345,418.00 | 18,752.00 | -576,805.00 | -45,414.00 | -30,193.00 | 319,753.00 | -166,474.00 | -164,895.00 | -162,698.00 | -420,810.00 | 214,125.00 | 214,971.00 | 204,198.00 | 1,035,822.00 | 61,319.00 | 463,989.00 | -1,050,596.00 |
| Net Change in Cash | 16,303.00 | 12,235.00 | 22,361.00 | -63,491.00 | -468.00 | 20,128.00 | 35,055.00 | -60,982.00 | -3,994.00 | 17,185.00 | 45,596.00 | -61,715.00 | 2,534.00 | 11,107.00 | 34,508.00 | -13,514.00 | -2,635.00 | -3,155.00 | 22,979.00 |
| Cash at Beginning of Period | 39,897.00 | 39,897.00 | 39,897.00 | 103,388.00 | 48,673.00 | 48,673.00 | 48,673.00 | 109,655.00 | 50,868.00 | 50,868.00 | 50,868.00 | 112,583.00 | 64,434.00 | 64,434.00 | 64,434.00 | 77,948.00 | 60,759.00 | 60,759.00 | 60,759.00 |
| Cash at End of Period | 56,200.00 | 52,132.00 | 62,258.00 | 39,897.00 | 48,205.00 | 68,801.00 | 83,728.00 | 48,673.00 | 46,874.00 | 68,053.00 | 96,464.00 | 50,868.00 | 66,968.00 | 75,541.00 | 98,942.00 | 64,434.00 | 58,124.00 | 57,604.00 | 83,738.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |