NCSM

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 9.98 -14.06 -55.56 -14.64 -0.92
Price to Sales 0.41 0.31 0.39 0.59 0.50
Book Value Per Common Share 39.42 37.49 37.80 38.89 39.67
Price to Book 0.66 0.48 0.66 0.75 0.57
Price to Operating Cash Flow 5.18 9.25 -42.73 6.00 1.52
Price to Free Cash Flow
Enterprise Value to EBITDA 46547.31 234645.02 127216.68 401665.55
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
Price to Earnings 15.02 15.30 22.15 16.03 -40.93 19.31 -0.93 -0.89 -3.89 -17.13 -10.73 -79.31 -10.70 -8.19 -19.41
Price to Sales 0.99 0.88 1.80 0.43 0.58 0.92 0.37 0.61 1.33 0.46 1.13 3.13 0.83 1.51 2.32
Book Value Per Common Share 43.35 41.89 40.60 39.42 38.37 36.37 37.70 37.49 20.75 18.81 31.41 37.80 36.33 35.74 38.25 38.89 37.84 36.66 38.46 39.67
Price to Book 1.18 0.70 0.86 0.66 0.51 0.46 0.43 0.48 0.78 0.90 0.75 0.66 0.60 0.87 1.33 0.75 0.75 0.86 0.72 0.57
Price to Operating Cash Flow 14.60 40.62 -54.62 24.01 10.35 -21.38 -27.57 -40.20 -37.47 -5.85 -14.47 -20.09 10.17 69.16 -36.39
Price to Free Cash Flow
Enterprise Value to EBITDA 92647.67 86480.06 135937.92 52727.11 130128.60 90972.33 3045539.85

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 14.10 -8.46 31.33 10.77
EBITDA YoY 652.23 -60.72 175.49
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 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
Earning YoY 76.17 22.15 1579900.00 20143.90
Revenue YoY 53.83 72.90 59.83 67.70 55.52 58.30 73.40 70.22 64.85 75.26
EBITDA YoY 61.40 32.66 190.05 -26.32 -95.63
Net Profit YoY 76.47 22.78 67.19 -97.97

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 10.19 6.76 6.68 9.25 6.58
Quick Ratio 2.52 1.47 2.79 2.68 3.08
Current Ratio 4.15 3.22 4.95 4.47 5.62
Debt to Equity 0.32 0.39 0.27 0.29 0.22
Long-Term Debt to Equity 0.10 0.10 0.11 0.11 0.09
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
Cash Per Common Share 9.78 9.83 8.96 10.32 6.05 7.36 5.58 6.84 4.62 5.58 5.56 6.74 4.06 6.15 6.43 9.31 7.70 5.81 5.03 6.59
Quick Ratio 2.55 2.77 2.78 2.52 2.59 2.40 2.76 1.47 2.44 2.25 2.79 2.79 2.47 2.37 2.97 2.68 2.69 2.45 2.98 3.08
Current Ratio 4.39 4.66 4.57 4.15 4.50 4.61 4.84 3.22 4.54 4.69 5.15 4.95 4.26 4.67 5.06 4.47 4.69 4.87 5.57 5.62
Debt to Equity 0.27 0.27 0.28 0.32 0.28 0.28 0.26 0.39 1.06 1.14 0.49 0.27 0.30 0.28 0.26 0.29 0.28 0.25 0.22 0.22
Long-Term Debt to Equity 0.08 0.08 0.09 0.10 0.08 0.10 0.09 0.10 0.77 0.86 0.31 0.11 0.11 0.11 0.11 0.11 0.11 0.10 0.09 0.09

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 4.31 -2.07 -0.80 -3.33 -41.53
ROE 5.68 -2.88 -1.01 -4.28 -50.75
Gross Margin 41.50 39.03 38.81 40.91 21.44
Operating Margin 5.33 -1.94 0.27 -2.35 -42.15
EBITDA Margin 8.60 1.30 3.04 1.45 -36.65
Net Profit Margin 4.06 -2.21 -0.71 -3.99 -53.84
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
ROA 5.42 3.15 2.61 2.14 -0.74 1.47 -30.20 -34.33 -10.58 -2.25 -5.29 -1.11 -4.62 -6.95 -2.53
ROE 6.91 4.02 3.36 2.74 -0.94 1.86 -62.30 -73.49 -15.79 -2.92 -6.75 -1.40 -5.90 -8.71 -3.09
Gross Margin 40.80 40.31 43.71 40.90 40.17 40.06 39.84 39.17 42.57 38.40 35.82 38.12 39.50 35.56 35.90
Operating Margin 7.29 6.83 10.34 4.65 0.93 7.16 -39.92 -67.30 -36.48 -2.66 -10.69 -4.01 -6.31 -15.57 -11.09
EBITDA Margin 10.53 10.03 13.08 7.96 4.39 9.99 -36.75 -64.08 -33.93 0.15 -7.40 -1.23 -2.24 -11.16 -7.21
Net Profit Margin 6.61 5.76 8.11 2.66 -1.39 4.72 -39.91 -68.46 -34.37 -2.67 -10.54 -3.92 -7.76 -18.39 -11.91

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 2024-12-31 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 152,812.00 152,032.00 138,599.00 142,325.00 138,678.00
   Current Assets 105,570.00 103,217.00 87,663.00 88,493.00 83,674.00
      Cash and Short-Term Investments 25,880.00 16,720.00 16,234.00 22,168.00 15,545.00
            Cash and Cash Equivalents 25,880.00 16,720.00 16,234.00 22,168.00 15,545.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 38,056.00 30,472.00 33,172.00 30,918.00 30,283.00
      Inventory 40,971.00 41,612.00 37,042.00 33,917.00 34,871.00
      Other Current Assets 663.00 14,413.00 1,215.00 1,490.00 2,975.00
   Non-Current Assets 47,242.00 48,815.00 50,936.00 53,832.00 55,004.00
      Property, Plant, Equipment Net 51,351.00 29,883.00 29,231.00 29,517.00 29,605.00
      Goodwill 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00
      Intangible Assets 3,690.00 4,407.00 5,076.00 5,744.00 6,413.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 424.00 66.00 46.00 236.00 205.00
      Other Non-Current Assets -23,445.00 -763.00 1,361.00 3,113.00 3,559.00
Liabilities 36,703.00 42,639.00 29,337.00 31,658.00 25,192.00
   Current Liabilities 25,419.00 32,058.00 17,693.00 19,818.00 14,884.00
      Payables and Expenses 17,321.00 9,929.00 11,940.00 13,825.00 8,290.00
            Account Payables 8,970.00 6,227.00 7,549.00 7,502.00 4,943.00
            Current Accrued Liabilities 8,351.00 3,702.00 4,391.00 6,323.00 3,347.00
      Short-Term Debt 3,743.00 3,395.00 2,763.00 3,039.00 3,173.00
      Other Current Liabilities 4,355.00 18,734.00 2,990.00 2,954.00 3,421.00
   Non-Current Liabilities 11,284.00 10,581.00 11,644.00 11,840.00 10,308.00
      Long-Term Debt 10,892.00 10,119.00 11,517.00 10,114.00 8,431.00
      Other Non-Current Liabilities 392.00 462.00 127.00 1,726.00 1,877.00
Equity 116,109.00 109,393.00 109,262.00 110,667.00 113,486.00
   Shareholders Equity 98,839.00 91,618.00 91,029.00 92,584.00 93,608.00
      Capital Stock 26.00 25.00 24.00 24.00 24.00
      Share Premium 447,384.00 444,638.00 440,475.00 437,022.00 432,801.00
      Retained Earnings -259,024.00 -265,617.00 -262,464.00 -261,362.00 -256,628.00
      Treasury Shares 1,943.00 1,676.00 1,389.00 1,006.00 809.00
      Accumulated Other Comprehensive Income -87,604.00 -85,752.00 -85,617.00 -82,094.00 -81,780.00
   Minority Interest 17,270.00 17,775.00 18,233.00 18,083.00 19,878.00
Investments 24.00 0 0 0 0
Debt 14,635.00 13,514.00 14,280.00 13,153.00 11,604.00
Common Shares Outstanding 2,507.43 2,443.74 2,408.47 2,380.37 2,359.92
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 162,557.00 142,471.00 155,632.00 118,502.00 106,977.00
Cost Of Revenue 95,096.00 86,868.00 95,228.00 70,027.00 84,040.00
Gross Profit 67,461.00 55,603.00 60,404.00 48,475.00 22,937.00
Operating Expenses 63,136.00 61,134.00 62,657.00 53,595.00 94,377.00
   Selling, General and Administrative Expenses 57,820.00 56,518.00 58,338.00 49,094.00 59,425.00
   Research and Development Expenses 2,000.00 2,500.00 2,700.00 2,100.00 1,900.00
   Other Operating Expenses 3,316.00 2,116.00 1,619.00 2,401.00 33,052.00
Operating Income 4,325.00 -5,531.00 -2,253.00 -5,120.00 -71,440.00
Net Non-Operating Income 3,929.00 2,188.00 1,652.00 1,604.00 24,551.00
Interest Expense 414.00 586.00 1,015.00 733.00 1,796.00
Net Interest -414.00 -586.00 -1,015.00 -733.00 -1,796.00
EBT 8,254.00 -3,343.00 -601.00 -3,516.00 -46,889.00
Income Tax 116.00 232.00 351.00 263.00 2,283.00
Net Income Including Non-Controlling Interests 5,048.00 -3,195.00 -1,252.00 -5,689.00 -76,092.00
Net Income Non-Controlling Interests 1,545.00 42.00 150.00 955.00 18,493.00
Net Income 6,593.00 -3,153.00 -1,102.00 -4,734.00 -57,599.00
EBIT 8,668.00 -2,757.00 414.00 -2,783.00 -45,093.00
Deprecation and Amortization 5,316.00 4,616.00 4,319.00 4,501.00 5,891.00
EBITDA 13,984.00 1,859.00 4,733.00 1,718.00 -39,202.00
EPS 0.00 -0.00 -0.00 -0.00 -0.02
Diluted EPS 0.00 -0.00 -0.00 -0.00 -0.02
Average Shares Outstanding Basic 2,539.00 2,473.00 2,432.00 2,396.00 2,364.00
Average Shares Outstanding Diluted 2,590.00 2,473.00 2,432.00 2,396.00 2,364.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 12,725.00 4,774.00 -1,423.00 11,583.00 35,117.00
   Operating Net Income 8,138.00 -6,222.00 -1,904.00 -7,558.00 -78,212.00
   Deprecation and Amortization 5,316.00 4,616.00 4,319.00 4,501.00 5,891.00
   Deferred Income Tax -380.00 152.00 266.00 96.00 -3,202.00
   Share Based Compensation 5,213.00 5,365.00 6,039.00 6,621.00 8,482.00
   Change in Working Capital 17,227.00 -7,345.00 8,150.00 10,203.00 -24,954.00
   Other Operating Activities -22,789.00 8,208.00 -18,293.00 -2,280.00 127,112.00
Investing Cash Flow 479.00 -1,683.00 -698.00 -444.00 -1,059.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 1,971.00 2,701.00 1,564.00 1,222.00 4,247.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -1,492.00 -4,384.00 -2,262.00 -1,666.00 -5,306.00
Financing Cash Flow -4,269.00 -2,441.00 -2,742.00 -4,265.00 -29,773.00
   Net Issuance/Repayment of Debt 8,076.00 23,460.00 23,504.00 360.00 20,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -12,345.00 -25,901.00 -26,246.00 -4,625.00 -49,773.00
Net Change in Cash 9,160.00 486.00 -5,934.00 6,623.00 4,302.00
   Cash at Beginning of Period 16,720.00 16,234.00 22,168.00 15,545.00 11,243.00
   Cash at End of Period 25,880.00 16,720.00 16,234.00 22,168.00 15,545.00
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 162,024.00 157,977.00 155,118.00 152,812.00 145,843.00 139,365.00 140,925.00 152,032.00 141,702.00 137,475.00 141,486.00 138,599.00 137,148.00 132,697.00 138,396.00 142,325.00 138,501.00 132,294.00 134,454.00 138,678.00
   Current Assets 111,336.00 110,970.00 109,041.00 105,570.00 99,453.00 91,846.00 92,920.00 103,217.00 90,064.00 85,303.00 91,166.00 87,663.00 85,438.00 79,740.00 85,655.00 88,493.00 83,262.00 77,592.00 80,569.00 83,674.00
      Cash and Short-Term Investments 25,295.00 25,372.00 22,997.00 25,880.00 15,330.00 18,614.00 14,004.00 16,720.00 11,398.00 13,746.00 13,633.00 16,234.00 9,877.00 14,930.00 15,529.00 22,168.00 18,444.00 13,899.00 11,962.00 15,545.00
            Cash and Cash Equivalents 25,295.00 25,372.00 22,997.00 25,880.00 15,330.00 18,614.00 14,004.00 16,720.00 11,398.00 13,746.00 13,633.00 16,234.00 9,877.00 14,930.00 15,529.00 22,168.00 18,444.00 13,899.00 11,962.00 15,545.00
            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 39,469.00 40,481.00 43,436.00 38,056.00 41,928.00 29,163.00 38,884.00 30,472.00 37,042.00 27,151.00 35,766.00 33,172.00 39,597.00 25,557.00 34,717.00 30,918.00 29,322.00 25,098.00 31,151.00 30,283.00
      Inventory 44,097.00 43,510.00 40,756.00 40,971.00 41,199.00 41,563.00 39,237.00 41,612.00 42,035.00 42,788.00 40,572.00 37,042.00 34,115.00 36,967.00 34,494.00 33,917.00 33,668.00 35,040.00 34,578.00 34,871.00
      Other Current Assets 2,475.00 1,607.00 1,852.00 663.00 996.00 2,506.00 795.00 14,413.00 -411.00 1,618.00 1,195.00 1,215.00 1,849.00 2,286.00 915.00 1,490.00 1,828.00 3,555.00 2,878.00 2,975.00
   Non-Current Assets 50,688.00 47,007.00 46,077.00 47,242.00 46,390.00 47,519.00 48,005.00 48,815.00 51,638.00 52,172.00 50,320.00 50,936.00 51,710.00 52,957.00 52,741.00 53,832.00 55,239.00 54,702.00 53,885.00 55,004.00
      Property, Plant, Equipment Net 45,050.00 46,228.00 46,607.00 51,351.00 48,620.00 50,151.00 27,626.49 29,883.00 29,528.00 29,658.00 27,925.00 29,231.00 29,180.00 29,521.00 28,905.00 29,517.00 31,133.00 29,700.00 28,709.00 29,605.00
      Goodwill 16,387.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 15,222.00 30,422.00 30,422.00 30,422.00 15,222.00 30,422.00 30,422.00 15,222.00 15,222.00
      Intangible Assets 6,291.00 3,356.00 3,523.00 3,690.00 3,905.00 4,073.00 4,240.00 4,407.00 4,574.00 4,741.00 4,909.00 5,076.00 5,243.00 5,410.00 5,577.00 5,744.00 5,911.00 6,079.00 6,246.00 6,413.00
      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 2,199.00 1,869.00 422.00 424.00 186.00 198.00 66.00 66.00 257.00 334.00 46.00 46.00 432.00 487.00 239.00 236.00 272.00 280.00 207.00 205.00
      Other Non-Current Assets -19,239.00 -19,668.00 -19,697.00 -23,445.00 -21,543.00 -22,125.00 850.51 -763.00 2,057.00 2,217.00 2,218.00 1,361.00 -13,567.00 -12,883.00 -12,402.00 3,113.00 -12,499.00 -11,779.00 3,501.00 3,559.00
Liabilities 34,911.00 33,998.00 34,282.00 36,703.00 31,733.00 30,326.00 29,446.00 42,639.00 73,016.00 73,249.00 46,670.00 29,337.00 31,724.00 28,730.00 28,484.00 31,658.00 30,182.00 26,712.00 24,403.00 25,192.00
   Current Liabilities 25,365.00 23,806.00 23,865.00 25,419.00 22,109.00 19,933.00 19,197.00 32,058.00 19,831.00 18,190.00 17,686.00 17,693.00 20,063.00 17,064.00 16,935.00 19,818.00 17,751.00 15,917.00 14,463.00 14,884.00
      Payables and Expenses 16,321.00 16,800.00 17,099.00 17,321.00 14,386.00 12,973.00 12,303.00 9,929.00 14,467.00 12,378.00 12,580.00 11,940.00 14,606.00 11,247.00 11,905.00 13,825.00 11,506.00 10,066.00 9,063.00 8,290.00
            Account Payables 7,924.00 9,997.00 11,751.00 8,970.00 7,512.00 7,567.00 8,489.00 6,227.00 9,402.00 7,855.00 7,910.00 7,549.00 8,641.00 7,722.00 8,056.00 7,502.00 5,571.00 6,008.00 5,720.00 4,943.00
            Current Accrued Liabilities 8,397.00 6,803.00 5,348.00 8,351.00 6,874.00 5,406.00 3,814.00 3,702.00 5,065.00 4,523.00 4,670.00 4,391.00 5,965.00 3,525.00 3,849.00 6,323.00 5,935.00 4,058.00 3,343.00 3,347.00
      Short-Term Debt 3,974.00 3,885.00 3,926.00 3,743.00 3,499.00 3,545.00 3,997.00 3,395.00 3,317.00 3,928.00 3,105.00 2,763.00 2,733.00 3,333.00 3,144.00 3,039.00 3,391.00 3,354.00 3,158.00 3,173.00
      Other Current Liabilities 5,070.00 3,121.00 2,840.00 4,355.00 4,224.00 3,415.00 2,897.00 18,734.00 2,047.00 1,884.00 2,001.00 2,990.00 2,724.00 2,484.00 1,886.00 2,954.00 2,854.00 2,497.00 2,242.00 3,421.00
   Non-Current Liabilities 9,546.00 10,192.00 10,417.00 11,284.00 9,624.00 10,393.00 10,249.00 10,581.00 53,185.00 55,059.00 28,984.00 11,644.00 11,661.00 11,666.00 11,549.00 11,840.00 12,431.00 10,795.00 9,940.00 10,308.00
      Long-Term Debt 9,170.00 9,800.00 10,032.00 10,892.00 9,113.00 9,822.00 9,808.00 10,119.00 10,668.00 10,975.00 9,952.00 11,517.00 10,171.00 10,886.00 9,873.00 10,114.00 10,440.00 8,799.00 7,953.00 8,431.00
      Other Non-Current Liabilities 376.00 392.00 385.00 392.00 511.00 571.00 441.00 462.00 42,517.00 44,084.00 19,032.00 127.00 1,490.00 780.00 1,676.00 1,726.00 1,991.00 1,996.00 1,987.00 1,877.00
Equity 127,113.00 123,979.00 120,836.00 116,109.00 114,110.00 109,039.00 111,479.00 109,393.00 68,686.00 64,226.00 94,816.00 109,262.00 105,424.00 103,967.00 109,912.00 110,667.00 108,319.00 105,582.00 110,051.00 113,486.00
   Shareholders Equity 110,137.00 106,437.00 103,168.00 98,839.00 96,039.00 91,025.00 93,721.00 91,618.00 50,621.00 45,865.00 76,610.00 91,029.00 87,503.00 86,075.00 92,023.00 92,584.00 90,070.00 87,263.00 91,483.00 93,608.00
      Capital Stock 26.00 26.00 26.00 26.00 26.00 26.00 25.00 25.00 25.00 25.00 25.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00 24.00
      Share Premium 449,245.00 448,582.00 447,936.00 447,384.00 446,721.00 446,070.00 445,404.00 444,638.00 443,759.00 442,431.00 441,387.00 440,475.00 439,522.00 438,668.00 437,827.00 437,022.00 436,040.00 435,022.00 433,971.00 432,801.00
      Retained Earnings -250,236.00 -254,044.00 -254,968.00 -259,024.00 -262,495.00 -266,642.00 -263,547.00 -265,617.00 -305,256.00 -309,664.00 -277,433.00 -262,464.00 -264,443.00 -268,378.00 -262,897.00 -261,362.00 -263,024.00 -265,820.00 -260,025.00 -256,628.00
      Treasury Shares 2,211.00 2,211.00 2,211.00 1,943.00 1,913.00 1,913.00 1,913.00 1,676.00 1,654.00 1,653.00 1,653.00 1,389.00 1,388.00 1,386.00 1,378.00 1,006.00 1,006.00 1,006.00 1,000.00 809.00
      Accumulated Other Comprehensive Income -86,687.00 -85,916.00 -87,615.00 -87,604.00 -86,300.00 -86,516.00 -86,248.00 -85,752.00 -86,253.00 -85,274.00 -85,716.00 -85,617.00 -86,212.00 -82,853.00 -81,553.00 -82,094.00 -81,964.00 -80,957.00 -81,487.00 -81,780.00
   Minority Interest 16,976.00 17,542.00 17,668.00 17,270.00 18,071.00 18,014.00 17,758.00 17,775.00 18,065.00 18,361.00 18,206.00 18,233.00 17,921.00 17,892.00 17,889.00 18,083.00 18,249.00 18,319.00 18,568.00 19,878.00
Investments 0 0 0 24.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 13,144.00 13,685.00 13,958.00 14,635.00 12,612.00 13,367.00 13,805.00 13,514.00 13,985.00 14,903.00 13,057.00 14,280.00 12,904.00 14,219.00 13,017.00 13,153.00 13,831.00 12,153.00 11,111.00 11,604.00
Net Debt 0 0 0 0 0 0 0 0 2,587.00 1,157.00 0 0 3,027.00 0 0 0 0 0 0 0
Common Shares Outstanding 2,540.85 2,540.85 2,540.85 2,507.43 2,502.68 2,502.56 2,485.71 2,443.74 2,438.99 2,438.88 2,438.88 2,408.47 2,408.41 2,408.30 2,405.75 2,380.37 2,380.35 2,380.35 2,378.88 2,359.92
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 132,997.00 86,459.00 50,005.00 -72,403.00 117,554.00 73,548.00 43,858.00 -77,252.00 107,224.00 68,945.00 43,554.00 -65,502.00 115,446.00 66,576.00 39,112.00 -42,373.00 82,386.00 49,975.00 28,514.00
Cost Of Revenue 78,731.00 51,606.00 28,150.00 -44,677.00 69,480.00 44,006.00 26,287.00 -44,596.00 64,509.00 41,942.00 25,013.00 -42,821.00 71,120.00 42,726.00 24,203.00 -30,297.00 49,841.00 32,205.00 18,278.00
Gross Profit 54,266.00 34,853.00 21,855.00 -27,726.00 48,074.00 29,542.00 17,571.00 -32,656.00 42,715.00 27,003.00 18,541.00 -22,681.00 44,326.00 23,850.00 14,909.00 -12,076.00 32,545.00 17,770.00 10,236.00
Operating Expenses 48,944.00 32,594.00 17,566.00 -29,811.00 46,686.00 31,191.00 15,070.00 -35,671.00 46,691.00 32,853.00 17,261.00 -34,810.00 48,392.00 31,963.00 17,112.00 -26,054.00 38,948.00 26,813.00 13,888.00
   Selling, General and Administrative Expenses 44,636.00 29,821.00 16,195.00 -27,449.00 42,789.00 28,650.00 13,830.00 -33,558.00 43,297.00 30,628.00 16,151.00 -32,603.00 45,148.00 29,769.00 16,024.00 -23,886.00 35,589.00 24,607.00 12,784.00
   Research and Development Expenses 0 0 0 2,000.00 0 0 0 2,500.00 0 0 0 2,700.00 0 0 0 2,100.00 0 0 0
   Other Operating Expenses 4,308.00 2,773.00 1,371.00 -4,362.00 3,897.00 2,541.00 1,240.00 -4,613.00 3,394.00 2,225.00 1,110.00 -4,907.00 3,244.00 2,194.00 1,088.00 -4,268.00 3,359.00 2,206.00 1,104.00
Operating Income 5,322.00 2,259.00 4,289.00 2,085.00 1,388.00 -1,649.00 2,501.00 3,015.00 -3,976.00 -5,850.00 1,280.00 12,129.00 -4,066.00 -8,113.00 -2,203.00 13,978.00 -6,403.00 -9,043.00 -3,652.00
Net Non-Operating Income 4,164.00 3,534.00 838.00 -2,482.00 3,752.00 2,120.00 539.00 99,807.00 -39,271.00 -40,972.00 -17,376.00 597.00 200.00 403.00 452.00 -288.00 673.00 896.00 323.00
Interest Expense 209.00 110.00 42.00 -224.00 323.00 215.00 100.00 -490.00 447.00 420.00 209.00 -552.00 794.00 590.00 183.00 -330.00 529.00 366.00 168.00
Net Interest -209.00 -110.00 -42.00 224.00 -323.00 -215.00 -100.00 490.00 -447.00 -420.00 -209.00 552.00 -794.00 -590.00 -183.00 330.00 -529.00 -366.00 -168.00
EBT 9,486.00 5,793.00 5,127.00 -397.00 5,140.00 471.00 3,040.00 102,822.00 -43,247.00 -46,822.00 -16,096.00 12,726.00 -3,866.00 -7,710.00 -1,751.00 13,690.00 -5,730.00 -8,147.00 -3,329.00
Income Tax 908.00 359.00 673.00 -1,850.00 722.00 757.00 487.00 -1,405.00 287.00 250.00 1,100.00 -797.00 623.00 503.00 22.00 -1,764.00 45.00 854.00 1,128.00
Net Income Including Non-Controlling Interests 7,182.00 3,808.00 3,658.00 3,399.00 1,826.00 -1,764.00 1,587.00 101,699.00 -42,624.00 -47,328.00 -14,942.00 9,833.00 -2,919.00 -6,825.00 -1,341.00 14,048.00 -7,017.00 -9,383.00 -3,337.00
Net Income Non-Controlling Interests 1,606.00 1,172.00 398.00 -973.00 1,296.00 739.00 483.00 109.00 -168.00 128.00 -27.00 697.00 -162.00 -191.00 -194.00 203.00 621.00 191.00 -60.00
Net Income 8,788.00 4,980.00 4,056.00 2,426.00 3,122.00 -1,025.00 2,070.00 101,808.00 -42,792.00 -47,200.00 -14,969.00 10,530.00 -3,081.00 -7,016.00 -1,535.00 14,251.00 -6,396.00 -9,192.00 -3,397.00
EBIT 9,695.00 5,903.00 5,169.00 -621.00 5,463.00 686.00 3,140.00 102,332.00 -42,800.00 -46,402.00 -15,887.00 12,174.00 -3,072.00 -7,120.00 -1,568.00 13,360.00 -5,201.00 -7,781.00 -3,161.00
Deprecation and Amortization 4,308.00 2,773.00 1,371.00 -2,362.00 3,897.00 2,541.00 1,240.00 -2,113.00 3,394.00 2,225.00 1,110.00 -2,207.00 3,244.00 2,194.00 1,088.00 -2,168.00 3,359.00 2,206.00 1,104.00
EBITDA 14,003.00 8,676.00 6,540.00 -2,983.00 9,360.00 3,227.00 4,380.00 100,219.00 -39,406.00 -44,177.00 -14,777.00 9,967.00 172.00 -4,926.00 -480.00 11,192.00 -1,842.00 -5,575.00 -2,057.00
EPS 0.00 0.00 0.00 0.00 0.00 -0.00 0.00 0.00 -0.02 -0.02 -0.01 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 -0.02 -0.02 -0.01 0.00 -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 2,586.00 2,581.00 2,568.00 2,585.00 2,535.00 2,528.00 2,508.00 2,507.00 2,469.00 2,464.00 2,452.00 2,458.00 2,430.00 2,426.00 2,414.00 2,419.00 2,394.00 2,391.00 2,380.00
Average Shares Outstanding Diluted 2,729.00 2,704.00 2,686.00 2,722.00 2,571.00 2,528.00 2,539.00 2,507.00 2,469.00 2,464.00 2,452.00 2,458.00 2,430.00 2,426.00 2,414.00 2,419.00 2,394.00 2,391.00 2,380.00
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 9,044.00 1,876.00 -1,645.00 8,424.00 2,082.00 4,099.00 -1,880.00 8,813.00 -1,446.00 -1,042.00 -1,551.00 18,909.00 -9,036.00 -5,198.00 -6,098.00 5,587.00 6,721.00 1,090.00 -1,815.00
   Operating Net Income 10,394.00 6,152.00 4,454.00 1,453.00 4,418.00 -286.00 2,553.00 113,802.00 -42,960.00 -47,072.00 -29,992.00 12,004.00 -3,243.00 -7,207.00 -3,458.00 14,132.00 -5,775.00 -9,001.00 -6,914.00
   Deprecation and Amortization 4,308.00 2,773.00 1,371.00 -2,362.00 3,897.00 2,541.00 1,240.00 -2,113.00 3,394.00 2,225.00 1,110.00 -2,207.00 3,244.00 2,194.00 1,088.00 -2,168.00 3,359.00 2,206.00 1,104.00
   Deferred Income Tax -3,515.00 -1,398.00 1.00 -409.00 3.00 21.00 5.00 -75.00 147.00 57.00 23.00 71.00 109.00 59.00 27.00 -8.00 79.00 -29.00 54.00
   Share Based Compensation 4,996.00 2,837.00 1,445.00 -1,154.00 3,403.00 2,062.00 902.00 -2,640.00 4,198.00 2,542.00 1,265.00 -4,172.00 4,490.00 3,485.00 2,236.00 -4,636.00 5,208.00 3,810.00 2,239.00
   Change in Working Capital -5,756.00 -1,811.00 3,686.00 -13,165.00 15,542.00 4,595.00 10,255.00 -13,393.00 7,651.00 -3,775.00 2,172.00 1,952.00 13,386.00 -5,909.00 -1,279.00 10,724.00 4,810.00 -3,091.00 -2,240.00
   Other Operating Activities -1,383.00 -6,677.00 -12,602.00 24,061.00 -25,181.00 -4,834.00 -16,835.00 -86,768.00 26,124.00 44,981.00 23,871.00 11,261.00 -27,022.00 2,180.00 -4,712.00 -12,457.00 -960.00 7,195.00 3,942.00
Investing Cash Flow -6,060.00 -474.00 -451.00 1,740.00 -732.00 -393.00 -136.00 1,288.00 -1,513.00 -978.00 -480.00 188.00 -440.00 -301.00 -145.00 233.00 -297.00 -316.00 -64.00
   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 1,772.00 1,016.00 477.00 -1,070.00 1,574.00 979.00 488.00 -2,026.00 2,421.00 1,658.00 648.00 -648.00 1,252.00 651.00 309.00 -713.00 1,035.00 712.00 188.00
   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 5,758.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -13,590.00 -1,490.00 -928.00 2,810.00 -2,306.00 -1,372.00 -624.00 3,314.00 -3,934.00 -2,636.00 -1,128.00 836.00 -1,692.00 -952.00 -454.00 946.00 -1,332.00 -1,028.00 -252.00
Financing Cash Flow -3,794.00 -2,240.00 -790.00 709.00 -2,679.00 -1,669.00 -630.00 -269.00 -1,480.00 -273.00 -419.00 1,576.00 -2,387.00 -1,525.00 -406.00 3,453.00 -3,405.00 -2,580.00 -1,733.00
   Net Issuance/Repayment of Debt 6,302.00 5,748.00 4,448.00 -8,579.00 7,566.00 6,880.00 2,209.00 -22,990.00 23,460.00 16,060.00 6,930.00 -17,677.00 20,403.00 14,639.00 6,139.00 -392.00 360.00 360.00 32.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -10,096.00 -7,988.00 -5,238.00 9,288.00 -10,245.00 -8,549.00 -2,839.00 22,721.00 -24,940.00 -16,333.00 -7,349.00 19,253.00 -22,790.00 -16,164.00 -6,545.00 3,845.00 -3,765.00 -2,940.00 -1,765.00
Net Change in Cash -585.00 -508.00 -2,883.00 11,372.00 -1,390.00 1,894.00 -2,716.00 10,411.00 -4,836.00 -2,488.00 -2,601.00 20,234.00 -12,291.00 -7,238.00 -6,639.00 8,953.00 2,899.00 -1,646.00 -3,583.00
   Cash at Beginning of Period 25,880.00 25,880.00 25,880.00 14,508.00 16,720.00 16,720.00 16,720.00 6,309.00 16,234.00 16,234.00 16,234.00 -4,000.00 22,168.00 22,168.00 22,168.00 13,215.00 15,545.00 15,545.00 15,545.00
   Cash at End of Period 25,295.00 25,372.00 22,997.00 25,880.00 15,330.00 18,614.00 14,004.00 16,720.00 11,398.00 13,746.00 13,633.00 16,234.00 9,877.00 14,930.00 15,529.00 22,168.00 18,444.00 13,899.00 11,962.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0