Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 1.07 1.31 2.21 3.89
Price to Book
Price to Operating Cash Flow
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
Price to Earnings
Price to Sales
Book Value Per Common Share 0.98 1.05 1.06 1.07 1.16
Price to Book
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 2.14 3.52 6.06 8.83
Quick Ratio 20.65 5.39 4.59 7.48
Current Ratio 20.90 5.67 4.78 7.66
Debt to Equity 0.06 0.52 0.40 0.23
Long-Term Debt to Equity 0.02 0.28 0.14 0.09
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.86 2.03 2.07 0.93 2.26
Quick Ratio 14.24 22.82 22.35 20.65
Current Ratio 14.47 22.82 22.35 20.90 15.99
Debt to Equity 0.07 0.05 0.05 0.06 0.07
Long-Term Debt to Equity 0.01 0.01 0.01 0.02 0.01

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -10.45 -56.31 -62.84 -41.63
ROE -11.05 -85.63 -87.98 -51.14
Gross Margin 617.05 47.25
Operating Margin -7557.28 -2652.28
EBITDA Margin -7389.40 -2613.50
Net Profit Margin -32868.51 -2648.70
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -2.46 -2.66 -1.51 -4.26 -8.81
ROE -2.64 -2.80 -1.59 -4.50 -9.40
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 212,680.00 368,922.00 590,446.13 878,742.88
   Current Assets 176,693.00 329,912.00 525,629.56 750,179.32
      Cash and Short-Term Investments 173,398.00 311,727.00 499,968.69 670,964.69
            Cash and Cash Equivalents 68,263.00 291,506.00 465,845.09 552,804.63
            Short-Term Investments 105,135.00 20,221.00 34,123.61 118,160.05
      Net Receivables 1,172.00 1,833.00 4,811.50 60,952.29
      Inventory 0 0 0 4,273.07
      Other Current Assets 0 0 20,849.36 13,989.27
   Non-Current Assets 35,987.00 39,010.00 64,816.58 128,563.56
      Property, Plant, Equipment Net 3,798.00 5,554.00 17,967.91 24,865.78
      Goodwill 0 0 23,563.84 25,505.40
      Intangible Assets 0 16,661.96 17,231.89 18,773.79
      Long-Term Investments 30,824.00 0 4,471.47 55,240.11
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 16,794.04 1,581.46 4,178.47
Liabilities 11,520.00 126,338.00 168,678.42 163,416.80
   Current Liabilities 8,454.00 58,144.00 109,890.28 97,896.80
      Payables and Expenses 7,532.00 7,849.00 101,480.44 92,713.64
            Account Payables 0 0 0 0
            Current Accrued Liabilities 7,532.00 7,849.00 84,755.70 84,473.10
      Short-Term Debt 816.00 626.00 6,220.49 4,811.50
      Other Current Liabilities 106.00 49,669.00 2,189.35 371.66
   Non-Current Liabilities 3,066.00 68,194.00 58,788.14 65,519.99
      Long-Term Debt 3,066.00 3,261.00 4,648.15 12,830.99
      Other Non-Current Liabilities 0.00 64,933.00 54,139.99 52,689.01
Equity 201,160.00 242,584.00 421,767.72 715,326.09
   Shareholders Equity 201,160.00 242,584.00 421,767.72 715,326.09
      Capital Stock 19.00 19.00 19.13 19.77
      Share Premium 1,460,021.00 1,474,610.00 1,388,456.08 1,427,774.43
      Retained Earnings -1,286,039.00 -1,263,809.00 -994,615.40 -683,207.51
      Treasury Shares 6,225.00 8,007.00 3,079.88 0
      Accumulated Other Comprehensive Income 33,384.00 39,771.00 30,987.78 -29,260.60
   Minority Interest 0 0 0 0
Debt 3,882.00 3,887.00 10,868.64 17,642.49
Common Shares Outstanding 187,452.49 185,613.66 190,879.92 183,826.75
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 0 632.00 -1,551.00 13,809.95
Cost Of Revenue 0 0 3,947.79 7,284.48
Interest Income 7,486.00 9,294.00 4,954.00 3,346.83
Interest Expense 0 101.85 1.30 0
Non-Interest Expense 29,656.00 28,160.00 28,980.00 141,187.46
Gross Profit 0 3,899.78 -36,061.63 6,525.47
Operating Expenses 50,153.00 48,394.00 51,094.00 329,660.66
   Selling, General and Administrative Expenses 29,656.00 28,160.00 28,980.00 141,187.46
   Research and Development Expenses 21,770.00 21,448.00 22,547.00 190,294.79
   Other Operating Expenses -1,273.00 -1,214.00 -433.00 -1,821.59
Operating Income -50,153.00 -47,762.00 -52,645.00 -323,135.19
Net Non-Operating Income -636.00 -142.00 -21.00 -127.08
EBT -49,696.00 -82,217.00 -141,100.00 -366,278.38
Income Tax 0 0 103.00 -494.81
Net Income Including Non-Controlling Interests -22,230.00 -207,729.00 -371,053.00 -365,783.56
Net Income -22,230.00 -207,729.00 -371,053.00 -365,783.56
EBIT -50,153.00 -47,762.00 -52,645.00 -366,278.38
Deprecation and Amortization 978.00 1,061.00 1,415.00 5,355.42
EBITDA -49,175.00 -46,701.00 -51,230.00 -360,922.95
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 81,186.25 88,654.06 82,516.21 75,959.59
Average Shares Outstanding Diluted 81,186.25 88,654.06 82,516.21 75,959.59
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -52,669.00 -72,697.00 -49,582.00 -152,663.59
   Operating Net Income -49,696.00 -82,217.00 -141,203.00 -365,783.56
   Deprecation and Amortization 978.00 1,061.00 1,415.00 5,355.42
   Deferred Income Tax 0 0 0 0
   Share Based Compensation -1,949.00 10,239.00 13,149.00 95,481.56
   Change in Working Capital -2,811.00 -37,122.00 17,092.00 61,894.23
   Other Operating Activities 809.00 35,342.00 59,965.00 50,388.76
Investing Cash Flow -136,015.00 -15,164.00 -5,180.00 -114,087.64
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE 14.00 -164.00 -2,091.00 -4,695.88
   Net Purchase/Sale of Investments Net -136,029.00 -15,000.00 -3,089.00 -108,450.45
   Net Purchase/Sale of Business 0 -821.32 0 -941.31
   Other Investing Activities 0 821.32 0.00 0.00
Financing Cash Flow -335.00 -8,237.00 3,912.00 93,177.70
   Net Issuance/Repayment of Debt 0 9,864.71 2,747.53 0
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities 0 0 0 93,177.70
Net Change in Cash -242,977.00 -169,901.00 -91,492.00 -173,573.52
   Cash at Beginning of Period 310,667.00 475,371.00 552,666.00 746,580.38
   Cash at End of Period 68,263.00 310,667.00 475,371.00 552,804.63
Free Cash Flow -52,717.00 -72,861.00 -51,673.00 -157,359.47
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 277,410.00 206,708.00 208,941.00 212,680.00 232,682.00
   Current Assets 232,775.00 167,640.00 173,233.00 176,693.00 188,211.00
      Cash and Short-Term Investments 228,274.00 165,614.00 168,622.00 173,398.00 184,391.00
            Cash and Cash Equivalents 228,064.00 165,404.00 53,597.00 68,263.00 79,327.00
            Short-Term Investments 210.00 210.00 115,025.00 105,135.00 105,064.00
      Net Receivables 926.00 2,026.00 4,611.00 1,172.00 0
      Inventory 0 0 0 0 0
      Other Current Assets 3,575.00 0.00 0.00 2,123.00 0
   Non-Current Assets 44,635.00 39,068.00 35,708.00 35,987.00 44,471.00
      Property, Plant, Equipment Net 3,165.00 3,381.00 3,592.00 3,798.00 3,691.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 40,322.00 34,468.00 30,824.00 30,824.00 39,343.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 1,148.00 1,219.00 1,292.00 1,365.00 1,437.00
Liabilities 18,495.00 9,975.00 10,600.00 11,520.00 14,799.00
   Current Liabilities 16,092.00 7,347.00 7,751.00 8,454.00 11,771.00
      Payables and Expenses 15,220.00 6,494.00 6,916.00 7,532.00 11,018.00
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 8,029.00 6,494.00 6,916.00 7,532.00 11,018.00
      Short-Term Debt 872.00 853.00 835.00 816.00 753.00
      Other Current Liabilities 0.00 0.00 0.00 106.00 0.00
   Non-Current Liabilities 2,403.00 2,628.00 2,849.00 3,066.00 3,028.00
      Long-Term Debt 2,403.00 2,628.00 2,849.00 3,066.00 3,028.00
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00
Equity 258,915.00 196,733.00 198,341.00 201,160.00 217,883.00
   Shareholders Equity 258,915.00 196,733.00 198,341.00 201,160.00 217,883.00
      Capital Stock 27.00 19.00 19.00 19.00 19.00
      Share Premium 1,522,759.00 1,459,977.00 1,460,005.00 1,460,021.00 1,459,196.00
      Retained Earnings -1,301,521.00 -1,294,693.00 -1,289,189.00 -1,286,039.00 -1,276,976.00
      Treasury Shares 5,238.00 5,609.00 5,881.00 6,225.00 6,225.00
      Accumulated Other Comprehensive Income 42,888.00 37,039.00 33,387.00 33,384.00 41,869.00
   Minority Interest 0 0 0 0 0
Debt 3,275.00 3,481.00 3,684.00 3,882.00 3,781.00
Common Shares Outstanding 265,169.37 188,108.18 187,818.80 187,452.49 187,452.50
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Interest Income 2,147.00 1,800.00 1,872.00 2,197.00 2,449.00 0 0
Non-Interest Expense 5,813.00 3,820.00 4,489.00 7,341.00 7,937.00 0 0
Operating Expenses 8,989.00 7,114.00 5,266.00 12,098.00 12,412.00 0 0
   Selling, General and Administrative Expenses 5,813.00 3,820.00 4,489.00 7,341.00 7,937.00 0 0
   Research and Development Expenses 3,176.00 3,294.00 777.00 6,030.00 4,475.00 0 0
Operating Income -8,989.00 -7,114.00 -5,266.00 -12,098.00 -12,412.00 0 0
Net Non-Operating Income 30.00 -190.00 244.00 4,412.00 -10,528.00 0 0
EBT -6,828.00 -5,504.00 -3,150.00 -10,844.00 -20,491.00 0 0
Income Tax 0 0 0 0 0 0 0
Net Income Including Non-Controlling Interests -6,828.00 -5,504.00 -3,150.00 -9,062.00 -20,491.00 0 0
Net Income -6,828.00 -5,504.00 -3,150.00 -9,062.00 -20,491.00 0 0
EBIT -8,989.00 -7,114.00 -5,266.00 -12,098.00 -12,412.00 0 0
Deprecation and Amortization 216.00 0 0 213.00 196.00 0 0
EBITDA -8,773.00 -7,114.00 -5,266.00 -11,885.00 -12,216.00 0 0
EPS 0 -0.00 -0.00 0 -0.00 0.00 -0.00
Diluted EPS 0 -0.00 -0.00 0 -0.00 0.00 -0.00
Average Shares Outstanding Basic 0 81,699.28 81,599.77 0 81,495.84 80,932.53 80,808.00
Average Shares Outstanding Diluted 0 81,699.28 81,599.77 0 81,495.84 80,932.53 80,808.00
Breakdown 2025-09-30 2024-12-31 2024-09-30
Operating Cash Flow 1,839.00 -10,949.00 8,422.00
   Operating Net Income -6,828.00 -10,844.00 -20,492.00
   Deprecation and Amortization 216.00 213.00 196.00
   Deferred Income Tax 0 0 0
   Share Based Compensation 1,457.00 824.00 318.00
   Change in Working Capital 6,994.00 -1,130.00 17,988.00
   Other Operating Activities 0.00 -12.00 10,412.00
Investing Cash Flow 0 -109.00 -81,655.00
   Capital Expenditure 0 0 0
   Net Purchase/Sale of PPE 0 -38.00 -1.00
   Net Purchase/Sale of Investments Net 0 -71.00 -81,654.00
   Net Purchase/Sale of Business 0 0 0
   Other Investing Activities 0 0.00 0.00
Financing Cash Flow 60,748.00 0 0
   Net Issuance/Repayment of Debt 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0
   Dividends Paid 0 0 0
   Other Financing Activities 60,748.00 0 0
Net Change in Cash 62,587.00 -11,058.00 -73,233.00
   Cash at Beginning of Period 165,404.00 79,327.00 151,961.00
   Cash at End of Period 228,064.00 68,263.00 79,327.00
Free Cash Flow 1,839.00 -10,987.00 8,421.00