NCL
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Price to Earnings | -12.83 | -34.06 |
| Price to Sales | 3.73 | 17.30 |
| Book Value Per Common Share | 0.14 | 0.16 |
| Price to Book | 15.51 | 74.22 |
| Price to Operating Cash Flow | -15.68 | -22.71 |
| Price to Free Cash Flow | ||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -6.88 | -25.60 | -58.03 | -72.00 | -47.62 | 1825.71 | |||
| Price to Sales | 10.89 | 23.75 | 44.49 | 2.98 | 4.97 | 23.79 | |||
| Book Value Per Common Share | 0.03 | 0.14 | 0.12 | 0.14 | 0.17 | 0.12 | 0.05 | 0.16 | -0.27 |
| Price to Book | 33.51 | 9.30 | 13.03 | 15.51 | 8.42 | 15.89 | 94.49 | 74.22 | |
| Price to Operating Cash Flow | -8.31 | -25.05 | -85.19 | 95.36 | 241.11 | 132.09 | |||
| Price to Free Cash Flow | |||||||||
| Enterprise Value to EBITDA | 142291.93 | 294305.09 | 830276.31 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Earning YoY | ||
| Revenue YoY | 9.86 | |
| EBITDA YoY | ||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | |||||||||
| Revenue YoY | 68.92 | 49.63 | 30.14 | 84.62 | -51.30 | ||||
| EBITDA YoY | 57.18 | -36.30 | |||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Cash Per Common Share | 0.01 | 0.05 |
| Quick Ratio | 0.16 | 0.15 |
| Current Ratio | 0.49 | 0.28 |
| Debt to Equity | -2.61 | 9.29 |
| Long-Term Debt to Equity | -0.19 | 0.06 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.00 |
| Quick Ratio | 0.11 | 0.19 | 0.24 | 0.16 | 0.09 | 0.12 | 0.14 | 0.15 | 0.09 |
| Current Ratio | 0.63 | 0.78 | 0.64 | 0.49 | 0.45 | 0.49 | 0.48 | 0.28 | 0.55 |
| Debt to Equity | 7.11 | 2.77 | 3.22 | -2.61 | 9.48 | 12.56 | 17.58 | 9.29 | -9.49 |
| Long-Term Debt to Equity | -4.88 | -1.82 | 0.39 | -0.19 | 1.21 | 0.17 | 0.24 | 0.06 | -0.11 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| ROA | -31.57 | -18.82 |
| ROE | 50.68 | -193.56 |
| Gross Margin | 25.93 | 8.69 |
| Operating Margin | -12.43 | -24.39 |
| EBITDA Margin | -8.22 | -19.53 |
| Net Profit Margin | -28.53 | -39.16 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ROA | -91.56 | -29.65 | -15.95 | -3.03 | -7.13 | 0.45 | -22.55 | ||
| ROE | -742.24 | -111.70 | -67.27 | -31.74 | -96.75 | 8.43 | 191.55 | ||
| Gross Margin | -22.60 | -10.17 | 11.36 | 36.89 | 28.81 | 33.60 | 9.43 | ||
| Operating Margin | -152.65 | -87.69 | -16.72 | 17.76 | 16.63 | 50.66 | -10.47 | ||
| EBITDA Margin | -143.15 | -77.85 | -9.51 | 22.33 | 18.49 | 53.59 | -6.03 | ||
| Net Profit Margin | -157.57 | -95.11 | -76.53 | -3.99 | -11.05 | 1.31 | -36.38 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | |||||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Assets | 13,875.68 | 29,072.89 |
| Current Assets | 10,335.96 | 6,859.93 |
| Cash and Short-Term Investments | 245.16 | 1,109.36 |
| Cash and Cash Equivalents | 245.16 | 1,109.36 |
| Short-Term Investments | 0 | 0 |
| Net Receivables | 3,106.56 | 2,615.46 |
| Inventory | 1,995.61 | 2,645.49 |
| Other Current Assets | 4,988.62 | 489.63 |
| Non-Current Assets | 3,539.73 | 22,212.96 |
| Property, Plant, Equipment Net | 5,716.70 | 4,811.48 |
| Goodwill | 0 | 0 |
| Intangible Assets | 977.99 | 1,030.98 |
| Long-Term Investments | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 |
| Other Non-Current Assets | -3,154.96 | 16,370.50 |
| Liabilities | 22,517.13 | 26,246.27 |
| Current Liabilities | 20,913.67 | 24,115.40 |
| Payables and Expenses | 0 | 0 |
| Account Payables | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 |
| Short-Term Debt | 9,800.35 | 8,674.42 |
| Other Current Liabilities | 11,113.32 | 15,440.98 |
| Non-Current Liabilities | 1,603.46 | 180.87 |
| Long-Term Debt | 1,740.41 | 305.78 |
| Other Non-Current Liabilities | -136.95 | -124.91 |
| Equity | -8,641.45 | 2,826.62 |
| Shareholders Equity | 7,797.52 | 3,434.23 |
| Capital Stock | 120.93 | 52.76 |
| Share Premium | 15,487.17 | 6,671.02 |
| Retained Earnings | -9,693.82 | -8,966.49 |
| Treasury Shares | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,047.61 | -775.84 |
| Minority Interest | 0 | 0 |
| Debt | 11,540.76 | 8,980.20 |
| Net Debt | 11,295.60 | 7,870.84 |
| Common Shares Outstanding | 55,464.00 | 21,380.00 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Revenues | 15,349.85 | 13,971.73 |
| Cost Of Revenue | 11,370.03 | 12,757.36 |
| Gross Profit | 3,979.83 | 1,214.36 |
| Operating Expenses | 5,653.77 | 5,978.07 |
| Selling, General and Administrative Expenses | 4,870.41 | 4,078.77 |
| Research and Development Expenses | 783.36 | 1,899.30 |
| Other Operating Expenses | 0.00 | 0.00 |
| Operating Income | -1,673.94 | -4,763.70 |
| Net Non-Operating Income | -704.20 | -354.51 |
| Interest Expense | 470.90 | 1,709.98 |
| EBT | -2,378.14 | -5,118.21 |
| Income Tax | 1.73 | 27.28 |
| Net Income Including Non-Controlling Interests | -4,379.88 | -7,132.57 |
| Net Income Non-Controlling Interests | 0.00 | 1,661.40 |
| Net Income | -4,379.88 | -5,471.18 |
| EBIT | -1,907.24 | -3,408.23 |
| Deprecation and Amortization | 645.49 | 680.17 |
| EBITDA | -1,261.75 | -2,728.06 |
| EPS | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 26,267.99 | 20,278.23 |
| Average Shares Outstanding Diluted | 26,267.99 | 20,278.23 |
| Breakdown | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Operating Cash Flow | -3,653.84 | -10,644.32 |
| Operating Net Income | -13,139.62 | -19,736.32 |
| Deprecation and Amortization | 645.49 | 680.17 |
| Deferred Income Tax | 0 | 0 |
| Share Based Compensation | 2,042.11 | 0 |
| Change in Working Capital | -306.44 | 475.50 |
| Other Operating Activities | 7,104.63 | 7,936.34 |
| Investing Cash Flow | -296.36 | 0 |
| Capital Expenditure | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 |
| Other Investing Activities | -296.36 | 0 |
| Financing Cash Flow | 1,233.39 | 11,342.24 |
| Net Issuance/Repayment of Debt | 2,930.80 | 1,307.81 |
| Net Issuance/Repurchase of Equity | 0 | 5,965.75 |
| Dividends Paid | 0 | 0 |
| Other Financing Activities | -1,697.40 | 4,068.68 |
| Net Change in Cash | -860.42 | 850.42 |
| Cash at Beginning of Period | 1,105.58 | 254.79 |
| Cash at End of Period | 245.16 | 1,105.21 |
| Free Cash Flow | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | 14,953.72 | 16,502.93 | 16,494.22 | 13,875.68 | 14,559.32 | 13,140.11 | 13,232.74 | 29,072.89 | 15,225.30 |
| Current Assets | 13,925.25 | 15,629.74 | 15,110.43 | 10,335.96 | 10,457.91 | 10,968.65 | 10,942.16 | 6,859.93 | 9,236.20 |
| Cash and Short-Term Investments | 40.88 | 1,062.04 | 1,866.30 | 245.16 | 92.14 | 227.95 | 598.44 | 1,109.36 | 94.80 |
| Cash and Cash Equivalents | 40.88 | 1,062.04 | 1,866.30 | 245.16 | 92.14 | 227.95 | 598.44 | 1,109.36 | 94.80 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 2,456.70 | 2,755.26 | 3,747.66 | 3,106.56 | 1,940.64 | 2,533.14 | 2,535.96 | 2,615.46 | 1,453.18 |
| Inventory | 3,478.39 | 3,519.14 | 2,340.95 | 1,995.61 | 3,807.74 | 3,045.85 | 2,843.81 | 2,645.49 | 5,771.89 |
| Other Current Assets | 7,949.28 | 8,293.30 | 7,155.52 | 4,988.62 | 4,617.39 | 5,161.70 | 4,963.95 | 489.63 | 1,916.33 |
| Non-Current Assets | 1,028.46 | 873.19 | 1,383.79 | 3,539.73 | 4,101.41 | 2,171.46 | 2,290.58 | 22,212.96 | 5,989.09 |
| Property, Plant, Equipment Net | 5,155.34 | 5,308.23 | 5,533.88 | 5,716.70 | 6,181.10 | 4,437.74 | 4,629.67 | 4,811.48 | 4,951.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 983.92 | 983.96 | 987.98 | 977.99 | 1,023.43 | 1,012.83 | 1,023.24 | 1,030.98 | 1,023.44 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -5,110.79 | -5,419.00 | -5,138.06 | -3,154.96 | -3,103.11 | -3,279.11 | -3,362.32 | 16,370.50 | 14.66 |
| Liabilities | 13,109.09 | 12,123.19 | 12,583.27 | 22,517.13 | 13,170.16 | 12,171.11 | 12,520.40 | 26,246.27 | 17,017.64 |
| Current Liabilities | 22,111.36 | 20,110.90 | 23,656.85 | 20,913.67 | 23,132.92 | 22,232.04 | 22,920.21 | 24,115.40 | 16,825.85 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 2,344.60 | 5,226.29 | 9,680.04 | 9,800.35 | 15,807.20 | 9,619.26 | 8,110.61 | 8,674.42 | 11,850.46 |
| Other Current Liabilities | 19,766.76 | 14,884.62 | 13,976.81 | 11,113.32 | 7,325.72 | 12,612.77 | 14,809.60 | 15,440.98 | 4,975.39 |
| Non-Current Liabilities | -9,002.27 | -7,987.72 | 1,509.69 | 1,603.46 | 1,679.64 | 160.18 | 170.58 | 180.87 | 191.80 |
| Long-Term Debt | 4,106.83 | 4,135.47 | 1,509.69 | 1,740.41 | 1,916.29 | 280.70 | 293.29 | 305.78 | 319.63 |
| Other Non-Current Liabilities | -13,109.09 | -12,123.19 | 0.00 | -136.95 | -236.65 | -120.52 | -122.71 | -124.91 | -127.83 |
| Equity | 1,844.62 | 4,379.74 | 3,910.95 | -8,641.45 | 1,389.16 | 969.00 | 712.35 | 2,826.62 | -1,792.35 |
| Shareholders Equity | 5,533.87 | 13,139.21 | 11,732.85 | 7,797.52 | 4,167.47 | 2,906.99 | 2,162.05 | 3,434.23 | -5,377.04 |
| Capital Stock | 369.60 | 200.93 | 200.93 | 120.93 | 58.73 | 68.48 | 52.76 | 52.76 | 50.00 |
| Share Premium | 41,267.42 | 23,580.17 | 23,580.17 | 15,487.17 | 7,850.53 | 7,829.75 | 6,671.02 | 6,671.02 | 925.00 |
| Retained Earnings | -23,385.42 | -14,586.10 | -12,324.55 | -9,693.82 | -5,754.84 | -6,251.40 | -5,253.91 | -8,966.49 | -1,614.60 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 2,283.38 | 2,363.56 | 841.22 | 1,047.61 | -710.89 | -613.59 | -706.14 | -775.84 | -1,102.74 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 6,451.43 | 9,361.76 | 11,189.73 | 11,540.76 | 17,723.49 | 9,899.96 | 8,403.90 | 8,980.20 | 12,170.09 |
| Net Debt | 6,410.55 | 8,299.72 | 9,323.43 | 11,295.60 | 17,631.35 | 9,672.01 | 7,805.46 | 7,870.84 | 12,075.28 |
| Common Shares Outstanding | 179,797.99 | 95,464.00 | 95,464.00 | 55,464.00 | 24,365.90 | 24,240.00 | 40,000.00 | 21,380.00 | 20,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,689.36 | 5,143.95 | 3,437.73 | -8,772.11 | 11,042.01 | 8,484.42 | 4,595.53 | 9,436.88 |
| Cost Of Revenue | 10,653.50 | 5,667.10 | 3,047.07 | -4,690.13 | 6,968.81 | 6,039.81 | 3,051.54 | 8,547.21 |
| Gross Profit | -1,964.14 | -523.15 | 390.66 | -4,081.98 | 4,073.20 | 2,444.62 | 1,543.99 | 889.67 |
| Operating Expenses | 11,559.59 | 4,245.40 | 2,965.32 | -3,205.13 | 4,359.00 | 3,283.88 | 1,216.01 | 2,242.38 |
| Selling, General and Administrative Expenses | 10,551.81 | 3,527.16 | 2,503.25 | -1,271.45 | 3,086.74 | 2,351.70 | 703.41 | 1,632.90 |
| Research and Development Expenses | 1,007.78 | 718.24 | 462.06 | -1,933.68 | 1,272.26 | 932.18 | 512.60 | 609.48 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -13,523.73 | -4,768.55 | -2,574.66 | -876.85 | -285.80 | -839.27 | 327.98 | -1,352.71 |
| Net Non-Operating Income | 90.00 | 134.13 | 1,943.93 | -6,188.56 | 1,847.70 | 1,904.60 | 1,732.05 | -74.76 |
| Interest Expense | 169.72 | 123.73 | 56.06 | -541.81 | 399.12 | 345.64 | 267.95 | 439.14 |
| EBT | -13,433.73 | -4,634.42 | -630.73 | -7,065.41 | 1,561.90 | 1,065.34 | 2,060.03 | -1,427.47 |
| Income Tax | 0.00 | 0.00 | 0.00 | -5.73 | 3.73 | 3.73 | 0.00 | 5.76 |
| Net Income Including Non-Controlling Interests | -13,691.60 | -4,892.29 | -2,630.73 | -3,941.78 | 496.56 | -994.70 | 60.03 | -3,433.23 |
| Net Income Non-Controlling Interests | 0.00 | 0.00 | 0.00 | 880.23 | -937.46 | 57.23 | 0.00 | 0.00 |
| Net Income | -13,691.60 | -4,892.29 | -2,630.73 | -3,061.55 | -440.90 | -937.46 | 60.03 | -3,433.23 |
| EBIT | -13,264.01 | -4,510.69 | -574.67 | -7,607.22 | 1,961.02 | 1,410.98 | 2,327.98 | -988.33 |
| Deprecation and Amortization | 824.91 | 506.24 | 247.69 | -152.19 | 504.94 | 157.91 | 134.82 | 419.69 |
| EBITDA | -12,439.10 | -4,004.45 | -326.98 | -7,759.41 | 2,465.96 | 1,568.89 | 2,462.80 | -568.64 |
| EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0.00 | -0.00 |
| Average Shares Outstanding Basic | 91,645.17 | 95,464.00 | 95,464.00 | 38,688.79 | 22,861.08 | 22,142.10 | 21,380.00 | 20,000.00 |
| Average Shares Outstanding Diluted | 91,645.17 | 95,464.00 | 95,464.00 | 38,688.79 | 22,861.08 | 22,142.10 | 21,380.00 | 20,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -11,378.08 | -4,880.79 | -1,791.33 | -5,001.64 | 345.62 | 175.42 | 826.76 | -1,447.23 |
| Operating Net Income | -13,691.60 | -4,892.29 | -7,892.19 | -9,184.65 | -1,322.69 | -2,812.39 | 180.10 | -10,299.70 |
| Deprecation and Amortization | 824.91 | 506.24 | 247.69 | -152.19 | 504.94 | 157.91 | 134.82 | 419.69 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 7,161.13 | 816.75 | 816.75 | -301.99 | 1,182.50 | 1,161.60 | 0 | 0 |
| Change in Working Capital | 4,300.99 | 2,959.78 | 2,431.42 | -3,062.56 | 1,849.23 | 742.04 | 164.85 | 3,873.11 |
| Other Operating Activities | -9,973.51 | -4,271.27 | 2,605.00 | 7,699.74 | -1,868.36 | 926.26 | 346.99 | 4,559.68 |
| Investing Cash Flow | -1,018.57 | -785.24 | -149.04 | 1,178.00 | -348.80 | -326.83 | -798.74 | -7.64 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.64 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,018.57 | -785.24 | -149.04 | 1,178.00 | -348.80 | -326.83 | -798.74 | -15.28 |
| Financing Cash Flow | 11,310.81 | 5,502.30 | 3,929.05 | 3,841.09 | -1,076.36 | -889.56 | -641.78 | 1,291.79 |
| Net Issuance/Repayment of Debt | 6,294.17 | 89.21 | 79.28 | -2,404.90 | 2,420.11 | 1,718.29 | 1,197.29 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 5,016.64 | 5,413.09 | 3,849.78 | 6,245.99 | -3,496.47 | -2,607.85 | -1,839.07 | 1,291.79 |
| Net Change in Cash | -203.78 | 817.38 | 1,621.14 | 1,549.12 | -1,017.26 | -881.38 | -510.91 | -160.24 |
| Cash at Beginning of Period | 244.66 | 244.66 | 245.16 | -1,303.96 | 1,105.00 | 1,105.46 | 1,104.84 | 250.77 |
| Cash at End of Period | 40.88 | 1,062.04 | 1,866.30 | 245.16 | 87.74 | 224.09 | 593.93 | 90.53 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |