Valuation Ratios

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Price to Earnings -103.06 -68.43 -30.75 -89.86
Price to Sales 7.24 7.44 7.75 16.19
Book Value Per Common Share 9.39 9.23 9.19 9.73
Price to Book 3.62 3.41 3.11 4.71
Price to Operating Cash Flow 70.96 61.92 -205.76 -230.53
Price to Free Cash Flow 74.00 66.40 -92.29 -179.51
Enterprise Value to EBITDA 4131822.92 4795361.04
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
Price to Earnings -214.81 464.00 -746.00 -327.60 -972.00 -117.08 -247.30 -133.89
Price to Sales 21.63 18.48 31.07 28.50 26.00 26.03 24.37 43.77
Book Value Per Common Share 9.15 9.30 9.39 9.41 9.32 9.30 9.23 9.10 9.14 9.19 9.55 9.73
Price to Book 3.05 2.49 3.62 3.96 3.52 3.13 3.41 3.09 2.71 3.11 3.93 4.71
Price to Operating Cash Flow 181.45 49.03 746.00 754.84 61.17 88.51 3317.70
Price to Free Cash Flow 255.72 50.62 845.80 829.37 61.73 94.43 -1197.76
Enterprise Value to EBITDA 12229946.96 4791474.64 25301788.29

Earnings Data

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Earning YoY
Revenue YoY 13.45 16.71 49.09
EBITDA YoY 27.94
Net Profit YoY
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
Earning YoY
Revenue YoY 3.25 1.96 4.83 3.37 5.04 7.28 20.66
EBITDA YoY 502.61
Net Profit YoY -49.80 295.04

Financial Strength

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Cash Per Common Share 1.05 0.99 0.74 0.91
Quick Ratio 1.06 1.05 0.88 0.93
Current Ratio 1.20 1.17 1.01 1.05
Debt to Equity 0.47 0.27 0.29 0.22
Long-Term Debt to Equity 0.24 0.07 0.09 0.05
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
Cash Per Common Share 1.07 1.16 1.04 2.23 1.05 1.13 0.99 0.89 0.88 0.74 0.72 0.80
Quick Ratio 0.89 0.91 1.06 1.80 0.95 0.94 1.05 0.94 0.80 0.88 0.83 0.93
Current Ratio 1.03 1.05 1.20 1.95 1.08 1.07 1.17 1.10 0.95 1.01 0.95 1.05
Debt to Equity 0.51 0.53 0.47 0.39 0.31 0.33 0.27 0.23 0.28 0.29 0.23 0.22
Long-Term Debt to Equity 0.28 0.29 0.24 0.22 0.11 0.13 0.07 0.06 0.06 0.09 0.06 0.05

Profitability

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
ROA -0.33 0.01 -0.15 -0.07
ROE -0.48 0.01 -0.19 -0.08
Gross Margin 60.07 59.82 58.46 59.32
Operating Margin -4.96 -7.93 -23.26 -26.45
EBITDA Margin 1.77 1.57 -14.77 -22.80
Net Profit Margin -0.98 0.01 -0.49 -0.33
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
ROA -0.94 0.36 -0.35 -0.78 -0.06 0.04 0.01 -0.08
ROE -1.43 0.55 -0.48 -1.02 -0.08 0.05 0.01 -0.10
Gross Margin 59.22 59.97 61.28 59.27 60.04 60.62 59.37 57.22
Operating Margin -5.42 0.06 -5.62
EBITDA Margin 1.77 6.49 1.13
Net Profit Margin -10.25 4.12 -3.78 -8.34 -0.66 0.39 0.11 -1.09

Dividends

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Assets 1,610,381.00 1,340,430.00 1,327,269.00 1,301,014.00
   Current Assets 302,249.00 250,775.00 207,193.00 183,509.00
      Cash and Short-Term Investments 120,928.00 112,085.00 82,036.00 88,014.00
            Cash and Cash Equivalents 120,928.00 112,085.00 82,036.00 88,014.00
            Short-Term Investments 0 0 0 0
      Net Receivables 146,787.00 112,975.00 99,497.00 74,528.00
      Inventory 0 0 0 0
      Other Current Assets 34,534.00 25,715.00 25,660.00 20,967.00
   Non-Current Assets 1,308,132.00 1,089,655.00 1,120,076.00 1,117,505.00
      Property, Plant, Equipment Net 90,979.00 98,406.00 94,950.00 73,847.00
      Goodwill 1,019,375.00 838,869.00 839,440.00 841,487.00
      Intangible Assets 154,571.00 115,572.00 152,825.00 180,122.00
      Long-Term Investments 9,294.00 9,294.00 6,531.00 4,031.00
      Non-Current Deferred Assets 6,201.00 4,137.00 -909.00 1,776.00
      Other Non-Current Assets 27,712.00 23,377.00 27,239.00 16,242.00
Liabilities 512,783.00 287,826.00 299,602.00 230,507.00
   Current Liabilities 251,512.00 215,036.00 205,158.00 174,376.00
      Payables and Expenses 53,505.00 38,972.00 45,398.00 47,564.00
            Account Payables 13,640.00 11,842.00 11,878.00 11,366.00
            Current Accrued Liabilities 39,865.00 27,130.00 33,520.00 36,198.00
      Short-Term Debt 6,833.00 5,123.00 4,889.00 4,169.00
      Other Current Liabilities 191,174.00 170,941.00 154,871.00 122,643.00
   Non-Current Liabilities 261,271.00 72,790.00 94,444.00 56,131.00
      Long-Term Debt 229,991.00 69,103.00 91,647.00 44,676.00
      Other Non-Current Liabilities 31,280.00 3,687.00 2,797.00 11,455.00
Equity 1,097,598.00 1,052,604.00 1,027,667.00 1,070,507.00
   Shareholders Equity 1,089,312.00 1,049,176.00 1,024,078.00 1,067,625.00
      Capital Stock 58.00 57.00 56.00 55.00
      Share Premium 1,474,413.00 1,400,881.00 1,333,669.00 1,277,258.00
      Retained Earnings -385,335.00 -352,758.00 -310,341.00 -209,616.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 176.00 996.00 694.00 -72.00
   Minority Interest 0 0 0 0
Investments 9,294.00 9,294.00 6,531.00 4,031.00
Debt 236,824.00 74,226.00 96,536.00 48,845.00
Net Debt 115,896.00 0 14,500.00 0
Common Shares Outstanding 115,996.85 113,684.30 111,424.13 109,778.54
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Revenues 540,657.00 476,543.00 408,315.00 273,865.00
Cost Of Revenue 215,869.00 191,470.00 169,606.00 111,413.00
Gross Profit 324,788.00 285,073.00 238,709.00 162,452.00
Operating Expenses 342,919.00 334,085.00 332,722.00 233,809.00
   Selling, General and Administrative Expenses 213,497.00 207,274.00 211,146.00 154,446.00
   Research and Development Expenses 129,422.00 117,311.00 121,576.00 79,363.00
   Other Operating Expenses 0.00 9,500.00 0.00 0.00
Operating Income -18,131.00 -49,012.00 -94,013.00 -71,357.00
Net Non-Operating Income -17,429.00 7,076.00 -3,760.00 -2,597.00
Interest Income 10,524.00 6,702.00 3,210.00 1,708.00
Interest Expense 8,763.00 4,135.00 2,807.00 1,514.00
Net Interest 1,761.00 2,567.00 403.00 194.00
EBT -35,560.00 -41,936.00 -97,773.00 -73,954.00
Income Tax 2,511.00 1,590.00 4,071.00 23,833.00
Net Income Including Non-Controlling Interests -4,829.00 1,180.00 -876.00 675.00
Net Income Non-Controlling Interests -472.00 -1,109.00 -1,119.00 -1,569.00
Net Income -5,301.00 71.00 -1,995.00 -894.00
EBIT -26,797.00 -37,801.00 -94,966.00 -72,440.00
Deprecation and Amortization 36,345.00 45,264.00 34,652.00 10,006.00
EBITDA 9,548.00 7,463.00 -60,314.00 -62,434.00
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 115,162.18 112,672.40 110,615.73 96,722.46
Average Shares Outstanding Diluted 115,162.18 112,672.40 110,615.73 96,722.46
Breakdown 2025-01-31 2024-01-31 2023-01-31 2022-01-31
Operating Cash Flow 55,199.00 57,285.00 -15,381.00 -19,229.00
   Operating Net Income -70,927.00 -85,872.00 -204,564.00 -99,567.00
   Deprecation and Amortization 36,345.00 45,264.00 34,652.00 10,006.00
   Deferred Income Tax -7,118.00 -2,340.00 1,627.00 -24,280.00
   Share Based Compensation 71,592.00 58,035.00 50,232.00 28,477.00
   Change in Working Capital -23,387.00 3,974.00 3,334.00 12,740.00
   Other Operating Activities 48,694.00 38,224.00 99,338.00 53,395.00
Investing Cash Flow -219,177.00 -6,328.00 -20,725.00 -278,488.00
   Capital Expenditure -2,266.00 -3,871.00 -18,901.00 -5,463.00
   Net Purchase/Sale of PPE -2,266.00 -3,828.00 -18,901.00 -5,463.00
   Net Purchase/Sale of Investments Net 0 -2,500.00 -2,500.00 -4,031.00
   Net Purchase/Sale of Business -216,911.00 0 676.00 -268,994.00
   Other Investing Activities 2,266.00 3,871.00 18,901.00 5,463.00
Financing Cash Flow 170,478.00 -21,113.00 36,712.00 15,922.00
   Net Issuance/Repayment of Debt 164,698.00 -31,226.00 28,879.00 0
   Net Issuance/Repurchase of Equity 7,264.00 9,130.00 8,200.00 16,450.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -1,484.00 983.00 -367.00 -528.00
Net Change in Cash 3,823.00 30,026.00 -981.00 -283,026.00
   Cash at Beginning of Period 117,444.00 87,418.00 88,399.00 371,425.00
   Cash at End of Period 121,267.00 117,444.00 87,418.00 88,399.00
Free Cash Flow 52,933.00 53,414.00 -34,282.00 -24,692.00
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2024-01-31 2023-10-31 2023-04-30 2023-01-31 2022-04-30 2022-01-31
Assets 1,616,017.00 1,650,942.00 1,610,381.00 1,516,606.00 1,408,747.00 1,423,892.00 1,340,430.00 1,267,544.00 1,314,464.00 1,327,269.00 1,296,801.00 1,301,014.00
   Current Assets 255,085.00 273,684.00 302,249.00 348,644.00 228,751.00 236,584.00 250,775.00 190,872.00 211,634.00 207,193.00 173,150.00 183,509.00
      Cash and Short-Term Investments 122,935.00 133,230.00 120,928.00 257,894.00 121,410.00 129,481.00 112,085.00 100,475.00 98,136.00 82,036.00 78,684.00 88,014.00
            Cash and Cash Equivalents 122,935.00 133,230.00 120,928.00 257,894.00 121,410.00 129,481.00 112,085.00 100,475.00 98,136.00 82,036.00 78,684.00 88,014.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 98,468.00 104,417.00 146,787.00 65,013.00 78,819.00 78,508.00 112,975.00 62,012.00 81,229.00 99,497.00 72,822.00 74,528.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 33,682.00 36,037.00 34,534.00 25,737.00 28,522.00 28,595.00 25,715.00 28,385.00 32,269.00 25,660.00 21,644.00 20,967.00
   Non-Current Assets 1,360,932.00 1,377,258.00 1,308,132.00 1,167,962.00 1,179,996.00 1,187,308.00 1,089,655.00 1,076,672.00 1,102,830.00 1,120,076.00 1,123,651.00 1,117,505.00
      Property, Plant, Equipment Net 90,366.00 92,853.00 90,979.00 90,649.00 92,713.00 94,403.00 98,406.00 89,412.00 92,908.00 94,950.00 80,346.00 73,847.00
      Goodwill 1,070,947.00 1,080,657.00 1,019,375.00 908,559.00 908,000.00 907,513.00 838,869.00 838,585.00 838,924.00 839,440.00 841,503.00 841,487.00
      Intangible Assets 151,920.00 161,316.00 154,571.00 128,344.00 135,524.00 142,705.00 115,572.00 121,695.00 145,696.00 152,825.00 173,094.00 180,122.00
      Long-Term Investments 7,262.00 7,262.00 9,294.00 9,294.00 9,294.00 9,294.00 9,294.00 9,031.00 6,531.00 6,531.00 4,031.00 4,031.00
      Non-Current Deferred Assets 22,676.00 0 6,201.00 20,185.00 19,137.00 0 4,137.00 0 0 -909.00 0 1,776.00
      Other Non-Current Assets 17,761.00 35,170.00 27,712.00 10,931.00 15,328.00 33,393.00 23,377.00 17,949.00 18,771.00 27,239.00 24,677.00 16,242.00
Liabilities 548,854.00 569,995.00 512,783.00 423,100.00 329,759.00 355,910.00 287,826.00 235,737.00 285,861.00 299,602.00 241,545.00 230,507.00
   Current Liabilities 248,637.00 260,742.00 251,512.00 178,913.00 210,977.00 221,691.00 215,036.00 172,973.00 223,059.00 205,158.00 182,834.00 174,376.00
      Payables and Expenses 26,835.00 50,286.00 53,505.00 23,717.00 21,067.00 35,998.00 38,972.00 37,713.00 31,317.00 45,398.00 34,701.00 47,564.00
            Account Payables 14,069.00 15,101.00 13,640.00 12,123.00 13,137.00 16,118.00 11,842.00 12,526.00 11,082.00 11,878.00 8,842.00 11,366.00
            Current Accrued Liabilities 12,766.00 35,185.00 39,865.00 11,594.00 7,930.00 19,880.00 27,130.00 25,187.00 20,235.00 33,520.00 25,859.00 36,198.00
      Short-Term Debt 6,031.00 6,797.00 6,833.00 6,444.00 6,317.00 5,858.00 5,123.00 4,952.00 20,082.00 4,889.00 4,160.00 4,169.00
      Other Current Liabilities 215,771.00 203,659.00 191,174.00 148,752.00 183,593.00 179,835.00 170,941.00 130,308.00 171,660.00 154,871.00 143,973.00 122,643.00
   Non-Current Liabilities 300,217.00 309,253.00 261,271.00 244,187.00 118,782.00 134,219.00 72,790.00 62,764.00 62,802.00 94,444.00 58,711.00 56,131.00
      Long-Term Debt 263,454.00 271,551.00 229,991.00 229,453.00 104,373.00 120,698.00 69,103.00 59,523.00 60,324.00 91,647.00 43,308.00 44,676.00
      Other Non-Current Liabilities 36,763.00 37,702.00 31,280.00 14,734.00 14,409.00 13,521.00 3,687.00 3,241.00 2,478.00 2,797.00 15,403.00 11,455.00
Equity 1,067,163.00 1,080,947.00 1,097,598.00 1,093,506.00 1,078,988.00 1,067,982.00 1,052,604.00 1,031,807.00 1,028,603.00 1,027,667.00 1,055,256.00 1,070,507.00
   Shareholders Equity 1,056,818.00 1,072,218.00 1,089,312.00 1,088,263.00 1,074,855.00 1,063,877.00 1,049,176.00 1,028,609.00 1,025,419.00 1,024,078.00 1,051,837.00 1,067,625.00
      Capital Stock 59.00 59.00 58.00 58.00 58.00 57.00 57.00 57.00 56.00 56.00 55.00 55.00
      Share Premium 1,510,517.00 1,490,590.00 1,474,413.00 1,456,411.00 1,439,245.00 1,417,838.00 1,400,881.00 1,382,019.00 1,346,250.00 1,333,669.00 1,290,295.00 1,277,258.00
      Retained Earnings -393,039.00 -379,394.00 -385,335.00 -369,821.00 -365,855.00 -354,890.00 -352,758.00 -354,373.00 -321,705.00 -310,341.00 -239,275.00 -209,616.00
      Treasury Shares 60,598.00 -40,588.00 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -121.00 1,551.00 176.00 1,615.00 1,407.00 872.00 996.00 906.00 818.00 694.00 762.00 -72.00
   Minority Interest 10,345.00 0 0 5,243.00 4,133.00 0 0 0 0 0 0 0
Investments 0 7,262.00 9,294.00 0 0 9,294.00 9,294.00 9,031.00 6,531.00 6,531.00 4,031.00 4,031.00
Debt 269,485.00 278,348.00 236,824.00 235,897.00 110,690.00 126,556.00 74,226.00 64,475.00 80,406.00 96,536.00 47,468.00 48,845.00
Net Debt 80,565.00 145,118.00 115,896.00 0 0 0 0 0 0 14,500.00 0 0
Common Shares Outstanding 115,444.92 115,240.62 115,996.85 115,650.59 115,387.31 114,339.89 113,684.30 113,030.73 112,200.48 111,424.13 110,128.56 109,778.54
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2023-10-31 2023-04-30 2022-04-30
Revenues 148,815.00 144,137.00 141,370.00 138,797.00 132,403.00 128,087.00 121,942.00 113,672.00 94,211.00
Cost Of Revenue 60,690.00 57,695.00 57,013.00 53,745.00 53,931.00 51,180.00 48,025.00 46,188.00 40,302.00
Interest Income 513.00 4,867.00 7,639.00 482.00 321.00 2,082.00 1,539.00 1,916.00 640.00
Interest Expense 4,444.00 4,450.00 3,798.00 1,653.00 1,835.00 1,477.00 854.00 1,379.00 638.00
Net Interest 0 417.00 1,156.00 0 0 605.00 685.00 537.00 2.00
Non-Interest Expense 62,754.00 0 0 52,837.00 52,107.00 0 0 0 0
Gross Profit 88,125.00 86,442.00 84,357.00 85,052.00 78,472.00 76,907.00 73,917.00 67,484.00 53,909.00
Operating Expenses 97,421.00 87,955.00 90,095.00 85,876.00 86,378.00 80,570.00 96,923.00 76,111.00 81,140.00
   Selling, General and Administrative Expenses 62,754.00 54,614.00 57,964.00 52,837.00 52,107.00 50,589.00 57,780.00 47,916.00 52,025.00
   Research and Development Expenses 34,667.00 33,341.00 32,131.00 33,039.00 34,271.00 29,981.00 29,043.00 28,195.00 29,115.00
   Other Operating Expenses 0 0.00 0.00 0 0 0.00 10,100.00 0.00 0.00
Operating Income -9,296.00 -1,513.00 -5,738.00 -824.00 -7,906.00 -3,663.00 -23,006.00 -8,627.00 -27,231.00
Net Non-Operating Income 717.00 0 -18,011.00 432.00 150.00 0 0 0 0
EBT -12,510.00 0 -24,727.00 -1,563.00 -9,270.00 0 0 0 0
Income Tax 1,209.00 4,534.00 -4,813.00 2,589.00 1,753.00 2,982.00 1,782.00 1,393.00 563.00
Net Income Including Non-Controlling Interests -13,719.00 5,865.00 11,025.00 -4,152.00 -11,023.00 -679.00 798.00 401.00 -685.00
Net Income Non-Controlling Interests -1,538.00 76.00 810.00 -1,100.00 -17.00 -165.00 -320.00 -280.00 -344.00
Net Income -15,257.00 5,941.00 11,835.00 -5,252.00 -11,040.00 -844.00 478.00 121.00 -1,029.00
EBIT -8,066.00 0 -19,452.00 90.00 -7,435.00 0 0 0 0
Deprecation and Amortization 10,702.00 10,705.00 10,213.00 8,913.00 8,929.00 8,290.00 16,952.00 9,131.00 8,460.00
EBITDA 2,636.00 0 -949.00 9,003.00 1,494.00 0 0 0 0
EPS -0.00 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 -0.00
Average Shares Outstanding Basic 115,256.50 114,781.65 115,659.67 115,611.83 115,180.13 114,197.07 112,951.55 112,032.54 109,998.64
Average Shares Outstanding Diluted 115,256.50 116,578.85 115,659.67 115,611.83 115,180.13 114,197.07 112,951.55 112,032.54 109,998.64
Breakdown 2025-07-31 2025-04-30 2025-01-31 2024-10-31 2024-07-31 2024-04-30 2023-10-31 2023-04-30 2022-04-30
Operating Cash Flow 17,736.00 54,320.00 -10,019.00 5,777.00 4,999.00 54,442.00 0 31,303.00 1,248.00
   Operating Net Income -13,719.00 11,579.00 -50,479.00 -4,152.00 -11,023.00 -5,273.00 -33,556.00 -22,887.00 -60,691.00
   Deprecation and Amortization 10,702.00 10,705.00 10,213.00 8,913.00 8,929.00 8,290.00 16,952.00 9,131.00 8,460.00
   Deferred Income Tax 1,347.00 2,656.00 -4,622.00 160.00 785.00 -3,441.00 0 332.00 210.00
   Share Based Compensation 18,616.00 15,814.00 18,577.00 17,971.00 18,839.00 16,205.00 0 10,865.00 13,300.00
   Change in Working Capital -4,125.00 49,439.00 -32,061.00 -20,307.00 -16,378.00 45,359.00 0 33,536.00 18,652.00
   Other Operating Activities 4,915.00 -35,873.00 48,353.00 3,192.00 3,847.00 -6,698.00 0 326.00 21,317.00
Investing Cash Flow -5,148.00 -48,297.00 -126,422.00 -830.00 -696.00 -91,229.00 0 -1,961.00 -4,694.00
   Capital Expenditure 0 -1,718.00 -1,774.00 0 0 -492.00 0.00 -1,961.00 -4,694.00
   Net Purchase/Sale of PPE -5,148.00 -1,718.00 -650.00 -680.00 -444.00 -492.00 0 -1,961.00 -4,694.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 -50,263.00 -126,072.00 0 -102.00 -90,737.00 0 0 0
   Other Investing Activities 0.00 5,402.00 2,074.00 -150.00 -150.00 492.00 0 1,961.00 4,694.00
Financing Cash Flow -22,434.00 2,250.00 2,039.00 125,280.00 -12,821.00 55,980.00 0 -13,856.00 258.00
   Net Issuance/Repayment of Debt -4,590.00 42,090.00 -1,302.00 126,000.00 -14,641.00 54,641.00 0 -15,244.00 -20,000.00
   Net Issuance/Repurchase of Equity -20,010.00 41,336.00 5,663.00 0 0 1,601.00 0 1,388.00 772.00
   Dividends Paid 0 0 0 0 0 0 0 0 0
   Other Financing Activities 2,166.00 -81,176.00 -3,042.00 0 1,820.00 -262.00 0 0.00 19,486.00
Net Change in Cash -9,846.00 12,313.00 -135,280.00 130,227.00 -8,518.00 17,394.00 0 16,079.00 -4,330.00
   Cash at Beginning of Period 133,580.00 121,267.00 256,547.00 126,765.00 134,838.00 117,444.00 0 87,418.00 88,399.00
   Cash at End of Period 123,223.00 133,580.00 121,267.00 258,253.00 126,765.00 134,838.00 105,823.00 103,497.00 84,069.00
Free Cash Flow 12,588.00 52,602.00 -10,669.00 5,097.00 4,555.00 53,950.00 0 29,342.00 -3,446.00