Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales 3.16 3.43 2.25 8.45
Book Value Per Common Share 7.08 7.42 8.04 9.89 6.63
Price to Book 2.33 2.18 1.15 3.45
Price to Operating Cash Flow 297.47 -1037.18 -17.39 -153.14
Price to Free Cash Flow
Enterprise Value to EBITDA 468416.57
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
Price to Sales 1.84 2.67 7.19 3.82 5.46 12.69 3.54 7.08 15.86 2.88 4.17 12.82 16.02 22.32 48.51
Book Value Per Common Share 6.50 6.64 6.92 7.08 7.09 7.16 7.25 7.42 7.44 7.52 7.66 8.04 8.00 8.30 8.62 9.89 9.23 9.36 7.20 6.63
Price to Book 1.19 1.10 1.37 2.33 2.08 1.94 2.17 2.18 1.65 2.14 2.27 1.15 1.08 0.98 1.41 3.45 5.23 4.83 6.70
Price to Operating Cash Flow 253.95 -186.96 -47.74 -670.45 -145.69 -76.50 -78.14 -141.34 -171.53 -17.14 -21.93 -51.72 -827.44 6452.86 2538.42
Price to Free Cash Flow
Enterprise Value to EBITDA 1220922.39 8849700.24 1066989.21 949692.36 1818789.83 31647748.23 2799259.84 710342.76 689198.85

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 11.65 16.07 5.24 8.97
EBITDA YoY 458.08
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
Revenue YoY 53.75 107.91 52.32 105.29 53.48 107.07 53.16 106.75 51.14 105.36
EBITDA YoY 666.70 -90.69 104.00 1440.28 4.04
Net Profit YoY -37.85

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 2.90 2.73 2.12 9.26 4.59
Quick Ratio 1.72 4.92 4.26 14.02 8.28
Current Ratio 1.98 6.20 6.73 7.81 6.13
Debt to Equity 0.82 0.79 0.74 0.69 0.39
Long-Term Debt to Equity 0.48 0.68 0.65 0.61 0.29
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 1.28 1.21 2.72 2.88 2.86 2.81 2.63 2.70 2.44 2.31 2.20 2.12 2.15 3.76 8.15 9.91 9.65 10.07 11.83 4.76
Quick Ratio 3.26 3.07 1.78 1.72 1.73 1.73 6.16 4.92 4.72 4.37 4.55 4.26 4.45 6.98 13.63 14.02 13.52 12.98 21.81 8.28
Current Ratio 3.91 3.92 2.05 1.98 1.99 2.01 7.48 6.20 6.32 6.16 6.75 6.73 7.10 7.53 7.93 7.81 7.66 7.28 13.91 6.13
Debt to Equity 0.64 0.63 0.80 0.82 0.81 0.79 0.78 0.79 0.77 0.77 0.75 0.74 0.73 0.72 0.70 0.69 0.68 0.65 0.77 0.39
Long-Term Debt to Equity 0.52 0.52 0.49 0.48 0.48 0.48 0.69 0.68 0.67 0.67 0.67 0.65 0.65 0.64 0.63 0.61 0.59 0.57 0.69 0.29

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -4.81 -5.23 -8.29 -0.45 0.40
ROE -8.72 -9.34 -14.45 -0.75 0.55
Gross Margin 43.92 41.34 36.86 38.62 41.83
Operating Margin -35.64 -31.66 -62.23 -5.18 -4.75
EBITDA Margin -7.75 -7.12 -34.98 16.86 3.29
Net Profit Margin -11.92 -14.87 -28.30 -1.72 0.94
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 -7.14 -5.09 -1.62 -3.86 -2.78 -1.65 -4.39 -3.25 -1.80 -6.92 -4.73 -2.70 1.75 2.83 -1.48
ROE -11.71 -8.32 -2.92 -6.98 -4.99 -2.93 -7.77 -5.77 -3.16 -12.00 -8.12 -4.60 2.94 4.68 -2.62
Gross Margin 42.99 43.08 43.59 43.56 43.01 41.90 40.59 40.37 39.95 35.33 33.92 32.63 39.54 39.86 35.98
Operating Margin -17.63 -19.73 -14.31 -12.19 -13.51 -16.64 -17.19 -19.84 -24.57 -35.43 -37.97 -44.26 9.06 22.92 -17.28
EBITDA Margin 1.52 0.30 6.79 4.07 3.04 0.41 1.28 -0.96 -5.18 -14.72 -16.96 -22.60 23.33 33.90 -9.37
Net Profit Margin -18.27 -20.33 -15.43 -12.98 -14.25 -17.32 -16.89 -19.40 -22.44 -32.76 -34.97 -42.17 9.32 22.66 -19.14

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 1,638,038.00 1,681,229.00 1,740,034.00 1,869,778.00 1,047,531.00
   Current Assets 596,019.00 596,812.00 605,291.00 681,508.00 448,730.00
      Cash and Short-Term Investments 367,012.00 342,488.00 263,180.00 1,111,079.00 498,897.00
            Cash and Cash Equivalents 367,012.00 342,488.00 263,180.00 316,827.00 228,713.00
            Short-Term Investments 0 0 0 794,252.00 270,184.00
      Net Receivables 150,540.00 131,227.00 119,711.00 112,130.00 106,843.00
      Inventory 26,748.00 24,156.00 24,277.00 23,395.00 29,526.00
      Other Current Assets 51,719.00 98,941.00 198,123.00 -565,096.00 -186,536.00
   Non-Current Assets 1,042,019.00 1,084,417.00 1,134,743.00 1,188,270.00 598,801.00
      Property, Plant, Equipment Net 173,686.00 183,781.00 198,608.00 211,662.00 131,659.00
      Goodwill 522,766.00 522,766.00 522,766.00 527,115.00 434,648.00
      Intangible Assets 339,681.00 373,128.00 408,260.00 442,325.00 120,653.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 5,886.00 4,742.00 5,109.00 7,168.00 -88,159.00
Liabilities 735,699.00 739,692.00 742,011.00 761,501.00 294,037.00
   Current Liabilities 301,241.00 96,304.00 89,932.00 87,232.00 73,183.00
      Payables and Expenses 84,050.00 73,495.00 60,651.00 56,225.00 49,692.00
            Account Payables 21,607.00 20,334.00 20,510.00 17,921.00 24,965.00
            Current Accrued Liabilities 62,443.00 53,161.00 40,141.00 38,304.00 24,727.00
      Short-Term Debt 204,158.00 5,610.00 6,724.00 9,154.00 10,649.00
      Other Current Liabilities 13,033.00 17,199.00 22,557.00 21,853.00 12,842.00
   Non-Current Liabilities 434,458.00 643,388.00 652,079.00 674,269.00 220,854.00
      Long-Term Debt 401,176.00 606,069.00 604,274.00 604,914.00 212,350.00
      Other Non-Current Liabilities 33,282.00 37,319.00 47,805.00 69,355.00 8,504.00
Equity 902,339.00 941,537.00 998,023.00 1,108,277.00 753,494.00
   Shareholders Equity 902,339.00 941,537.00 998,023.00 1,108,277.00 694,294.00
      Capital Stock 128.00 127.00 127.00 124.00 112.00
      Share Premium 1,228,198.00 1,190,139.00 1,160,882.00 1,123,628.00 701,357.00
      Retained Earnings -325,781.00 -247,055.00 -159,087.00 -14,837.00 -7,185.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -206.00 -1,674.00 -3,899.00 -638.00 10.00
   Minority Interest 0 0 0 0 0
Investments 19,832.00 55,485.00 111,409.00 794,252.00 270,184.00
Debt 605,334.00 611,679.00 610,998.00 614,068.00 222,999.00
Net Debt 238,322.00 269,191.00 347,818.00 0 0
Common Shares Outstanding 127,369.14 126,913.99 124,107.50 112,075.47 104,781.24
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 660,566.00 591,643.00 509,728.00 484,329.00 444,448.00
Cost Of Revenue 370,466.00 347,039.00 321,832.00 297,269.00 258,555.00
Gross Profit 290,100.00 244,604.00 187,896.00 187,060.00 185,893.00
Operating Expenses 382,206.00 352,340.00 345,519.00 305,814.00 199,885.00
   Selling, General and Administrative Expenses 426,133.00 313,943.00 310,677.00 283,941.00 191,656.00
   Research and Development Expenses 59,442.00 27,309.00 30,326.00 21,873.00 8,229.00
   Other Operating Expenses -103,369.00 11,088.00 4,516.00 0.00 0.00
Operating Income -92,106.00 -107,736.00 -157,623.00 -118,754.00 -13,992.00
Net Non-Operating Income -149,919.00 -86,458.00 -161,061.00 88,604.00 -14,120.00
Interest Income 25,044.00 6,907.00 0 0 0
Interest Expense 6,617.00 6,907.00 1,506.00 5,082.00 7,019.00
Net Interest 18,427.00 6,907.00 0 0 0
EBT -242,025.00 -194,194.00 -318,684.00 -30,150.00 -28,112.00
Income Tax 1,949.00 9,129.00 15,092.00 6,728.00 18,228.00
Net Income -78,726.00 -87,968.00 -144,250.00 -8,347.00 4,172.00
EBIT -235,408.00 -187,287.00 -317,178.00 -25,068.00 -21,093.00
Deprecation and Amortization 184,195.00 145,166.00 138,860.00 106,704.00 35,721.00
EBITDA -51,213.00 -42,121.00 -178,318.00 81,636.00 14,628.00
EPS 0 0 0 0 0
Average Shares Outstanding Basic 126,658.00 125,502.00 124,217.00 119,962.00 108,579.00
Average Shares Outstanding Diluted 126,658.00 125,502.00 124,217.00 119,962.00 111,794.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 7,023.00 -1,953.00 -65,993.00 -26,723.00 1,460.00
   Operating Net Income -236,178.00 -87,968.00 -144,250.00 -8,347.00 4,172.00
   Deprecation and Amortization 184,195.00 145,166.00 138,860.00 106,704.00 35,721.00
   Deferred Income Tax -2,574.00 -9,520.00 -15,244.00 -6,810.00 -18,067.00
   Share Based Compensation 33,413.00 24,633.00 24,672.00 22,458.00 10,212.00
   Change in Working Capital 35,197.00 31,740.00 1,284.00 4,963.00 37,548.00
   Other Operating Activities -7,030.00 -106,004.00 -71,315.00 -145,691.00 -68,126.00
Investing Cash Flow 12,855.00 76,707.00 517.00 -632,367.00 -159,441.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 41,061.00 28,752.00 42,989.00 64,142.00 29,096.00
   Net Purchase/Sale of Investments Net 53,916.00 118,971.00 214,520.00 259,761.00 78,457.00
   Net Purchase/Sale of Business 0 0 0 419,404.00 62,600.00
   Other Investing Activities -82,122.00 -71,016.00 -256,992.00 -1,375,674.00 -329,594.00
Financing Cash Flow 4,646.00 4,554.00 11,829.00 725,285.00 235,597.00
   Net Issuance/Repayment of Debt 0 0 0 334,410.00 194,466.00
   Net Issuance/Repurchase of Equity 4,646.00 4,624.00 12,587.00 15,080.00 20,310.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 -70.00 -758.00 375,795.00 20,821.00
Net Change in Cash 24,524.00 79,308.00 -53,647.00 66,195.00 77,616.00
   Cash at Beginning of Period 342,488.00 263,180.00 316,827.00 250,632.00 173,016.00
   Cash at End of Period 367,012.00 342,488.00 263,180.00 316,827.00 250,632.00
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 1,374,780.00 1,393,950.00 1,601,430.00 1,638,038.00 1,641,111.00 1,643,277.00 1,640,339.00 1,681,229.00 1,678,241.00 1,695,108.00 1,709,174.00 1,740,034.00 1,755,582.00 1,792,113.00 1,829,547.00 1,869,778.00 1,906,387.00 1,896,311.00 1,494,413.00 1,047,531.00
   Current Assets 382,465.00 392,553.00 573,932.00 596,019.00 590,241.00 584,203.00 573,896.00 596,812.00 586,950.00 584,720.00 584,996.00 605,291.00 603,360.00 622,260.00 651,100.00 681,508.00 709,930.00 721,795.00 942,732.00 448,730.00
      Cash and Short-Term Investments 164,117.00 154,723.00 346,194.00 367,012.00 361,992.00 355,085.00 331,914.00 342,488.00 306,239.00 289,074.00 275,609.00 263,180.00 266,126.00 465,953.00 1,008,032.00 1,111,079.00 1,149,141.00 1,180,596.00 1,374,810.00 498,897.00
            Cash and Cash Equivalents 164,117.00 154,723.00 346,194.00 367,012.00 361,992.00 355,085.00 331,914.00 342,488.00 306,239.00 289,074.00 275,609.00 263,180.00 266,126.00 283,637.00 305,896.00 316,827.00 340,565.00 368,796.00 611,970.00 228,713.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 182,316.00 702,136.00 794,252.00 808,576.00 811,800.00 762,840.00 270,184.00
      Net Receivables 155,296.00 153,125.00 151,208.00 150,540.00 151,428.00 146,581.00 140,279.00 131,227.00 132,640.00 125,425.00 118,842.00 119,711.00 111,994.00 111,276.00 110,796.00 112,130.00 104,964.00 106,284.00 102,922.00 106,843.00
      Inventory 28,460.00 34,171.00 29,772.00 26,748.00 24,457.00 23,214.00 20,320.00 24,156.00 24,053.00 24,945.00 24,432.00 24,277.00 23,799.00 21,863.00 23,840.00 23,395.00 21,834.00 21,384.00 21,382.00 29,526.00
      Other Current Assets 34,592.00 50,534.00 46,758.00 51,719.00 52,364.00 59,323.00 81,383.00 98,941.00 124,018.00 145,276.00 166,113.00 198,123.00 201,441.00 23,168.00 -491,568.00 -565,096.00 -566,009.00 -586,469.00 -556,382.00 -186,536.00
   Non-Current Assets 992,315.00 1,001,397.00 1,027,498.00 1,042,019.00 1,050,870.00 1,059,074.00 1,066,443.00 1,084,417.00 1,091,291.00 1,110,388.00 1,124,178.00 1,134,743.00 1,152,222.00 1,169,853.00 1,178,447.00 1,188,270.00 1,196,457.00 1,174,516.00 551,681.00 598,801.00
      Property, Plant, Equipment Net 165,620.00 168,332.00 167,406.00 173,686.00 174,480.00 175,829.00 174,443.00 183,781.00 181,648.00 191,522.00 196,629.00 198,608.00 205,763.00 211,022.00 210,897.00 211,662.00 209,482.00 166,766.00 145,219.00 131,659.00
      Goodwill 524,344.00 524,143.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 522,766.00 527,115.00 527,115.00 527,115.00 525,802.00 1,244,154.00 211,083.00 434,648.00
      Intangible Assets 294,162.00 301,795.00 331,319.00 339,681.00 348,042.00 356,404.00 364,764.00 373,128.00 381,910.00 390,693.00 399,477.00 408,260.00 416,848.00 425,338.00 433,835.00 442,325.00 450,802.00 471,038.00 118,195.00 120,653.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 8,189.00 7,127.00 6,007.00 5,886.00 5,582.00 4,075.00 4,470.00 4,742.00 4,967.00 5,407.00 5,306.00 5,109.00 6,845.00 6,378.00 6,600.00 7,168.00 10,371.00 -707,442.00 77,184.00 -88,159.00
Liabilities 536,490.00 539,910.00 713,161.00 735,699.00 732,901.00 727,393.00 716,929.00 739,692.00 730,813.00 738,916.00 734,712.00 742,011.00 742,594.00 748,594.00 754,543.00 761,501.00 769,142.00 747,953.00 650,699.00 294,037.00
   Current Liabilities 97,866.00 100,120.00 279,695.00 301,241.00 296,406.00 289,959.00 76,710.00 96,304.00 92,926.00 94,848.00 86,606.00 89,932.00 85,003.00 82,670.00 82,070.00 87,232.00 92,737.00 99,131.00 67,750.00 73,183.00
      Payables and Expenses 73,912.00 76,049.00 55,698.00 84,050.00 68,679.00 68,066.00 52,945.00 73,495.00 64,413.00 63,599.00 55,603.00 60,651.00 51,700.00 54,129.00 52,801.00 56,225.00 60,819.00 61,775.00 42,540.00 49,692.00
            Account Payables 22,611.00 27,492.00 16,211.00 21,607.00 16,514.00 17,186.00 18,336.00 20,334.00 16,819.00 17,913.00 22,712.00 20,510.00 13,708.00 16,849.00 20,481.00 17,921.00 28,536.00 23,056.00 18,919.00 24,965.00
            Current Accrued Liabilities 51,301.00 48,557.00 39,487.00 62,443.00 52,165.00 50,880.00 34,609.00 53,161.00 47,594.00 45,686.00 32,891.00 40,141.00 37,992.00 37,280.00 32,320.00 38,304.00 32,283.00 38,719.00 23,621.00 24,727.00
      Short-Term Debt 4,507.00 4,052.00 746,006.00 204,158.00 204,140.00 203,647.00 4,487.00 5,610.00 6,217.00 7,365.00 6,972.00 6,724.00 6,497.00 6,118.00 6,579.00 9,154.00 10,116.00 9,468.00 9,289.00 10,649.00
      Other Current Liabilities 19,447.00 20,019.00 -522,009.00 13,033.00 23,587.00 18,246.00 19,278.00 17,199.00 22,296.00 23,884.00 24,031.00 22,557.00 26,806.00 22,423.00 22,690.00 21,853.00 21,802.00 27,888.00 15,921.00 12,842.00
   Non-Current Liabilities 438,624.00 439,790.00 433,466.00 434,458.00 436,495.00 437,434.00 640,219.00 643,388.00 637,887.00 644,068.00 648,106.00 652,079.00 657,591.00 665,924.00 672,473.00 674,269.00 676,405.00 648,822.00 582,949.00 220,854.00
      Long-Term Debt 747,301.00 748,811.00 400,575.00 401,176.00 402,128.00 402,871.00 603,696.00 606,069.00 599,482.00 602,223.00 603,356.00 604,274.00 605,080.00 605,780.00 606,623.00 604,914.00 604,419.00 581,597.00 578,181.00 212,350.00
      Other Non-Current Liabilities -308,677.00 -309,021.00 32,891.00 33,282.00 34,367.00 34,563.00 36,523.00 37,319.00 38,405.00 41,845.00 44,750.00 47,805.00 52,511.00 60,144.00 65,850.00 69,355.00 71,986.00 67,225.00 4,768.00 8,504.00
Equity 838,290.00 854,040.00 888,269.00 902,339.00 908,210.00 915,884.00 923,410.00 941,537.00 947,428.00 956,192.00 974,462.00 998,023.00 1,012,988.00 1,043,519.00 1,075,004.00 1,108,277.00 1,137,245.00 1,148,358.00 843,714.00 753,494.00
   Shareholders Equity 838,290.00 854,040.00 888,269.00 902,339.00 908,210.00 915,884.00 923,410.00 941,537.00 947,428.00 956,192.00 974,462.00 998,023.00 1,012,988.00 1,043,519.00 1,075,004.00 1,108,277.00 1,137,245.00 1,148,358.00 843,714.00 694,294.00
      Capital Stock 128.00 128.00 128.00 128.00 128.00 128.00 127.00 127.00 127.00 127.00 127.00 127.00 127.00 126.00 125.00 124.00 123.00 123.00 117.00 112.00
      Share Premium 1,262,016.00 1,250,679.00 1,239,901.00 1,228,198.00 1,219,182.00 1,209,536.00 1,198,729.00 1,190,139.00 1,181,876.00 1,172,850.00 1,167,051.00 1,160,882.00 1,154,365.00 1,146,997.00 1,142,133.00 1,123,628.00 1,110,590.00 1,101,298.00 872,350.00 701,357.00
      Retained Earnings -423,925.00 -396,796.00 -351,704.00 -325,781.00 -310,457.00 -292,758.00 -274,116.00 -247,055.00 -232,729.00 -214,213.00 -189,882.00 -159,087.00 -136,400.00 -99,548.00 -64,245.00 -14,837.00 26,922.00 47,270.00 -28,603.00 -7,185.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 71.00 29.00 -56.00 -206.00 -643.00 -1,022.00 -1,330.00 -1,674.00 -1,846.00 -2,572.00 -2,834.00 -3,899.00 -5,104.00 -4,056.00 -3,009.00 -638.00 -390.00 -333.00 -150.00 10.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 8,962.00 11,886.00 19,832.00 25,821.00 24,165.00 41,460.00 55,485.00 72,105.00 88,702.00 93,386.00 111,409.00 112,167.00 182,316.00 702,136.00 794,252.00 808,576.00 811,800.00 762,840.00 270,184.00
Debt 751,808.00 752,863.00 1,146,581.00 605,334.00 606,268.00 606,518.00 608,183.00 611,679.00 605,699.00 609,588.00 610,328.00 610,998.00 611,577.00 611,898.00 613,202.00 614,068.00 614,535.00 591,065.00 587,470.00 222,999.00
Net Debt 587,691.00 598,140.00 800,387.00 238,322.00 244,276.00 251,433.00 276,269.00 269,191.00 299,460.00 320,514.00 334,719.00 347,818.00 345,451.00 145,945.00 0 0 0 0 0 0
Common Shares Outstanding 128,885.10 128,681.71 128,356.33 127,369.14 128,061.94 127,851.11 127,434.79 126,913.99 127,261.48 127,144.42 127,200.49 124,107.50 126,562.04 125,679.57 124,722.21 112,075.47 123,217.01 122,711.35 117,136.65 104,781.24
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 537,162.00 349,365.00 168,035.00 -304,982.00 488,566.00 320,742.00 156,240.00 -265,805.00 436,091.00 284,137.00 137,220.00 -220,705.00 371,023.00 242,241.00 117,169.00 -227,058.00 358,597.00 237,257.00 115,533.00
Cost Of Revenue 306,212.00 198,861.00 94,789.00 -178,807.00 275,723.00 182,779.00 90,771.00 -163,874.00 259,075.00 169,432.00 82,406.00 -157,120.00 239,952.00 160,063.00 78,937.00 -136,177.00 216,794.00 142,693.00 73,959.00
Gross Profit 230,950.00 150,504.00 73,246.00 -126,175.00 212,843.00 137,963.00 65,469.00 -101,931.00 177,016.00 114,705.00 54,814.00 -63,585.00 131,071.00 82,178.00 38,232.00 -90,881.00 141,803.00 94,564.00 41,574.00
Operating Expenses 333,417.00 225,957.00 101,071.00 -190,849.00 286,548.00 190,471.00 96,036.00 -183,397.00 266,178.00 179,672.00 89,887.00 -180,960.00 262,311.00 173,908.00 90,260.00 -101,895.00 218,990.00 132,038.00 56,681.00
   Selling, General and Administrative Expenses 344,578.00 231,639.00 112,600.00 -89,315.00 258,407.00 171,023.00 86,018.00 -156,995.00 236,113.00 157,017.00 77,808.00 -168,099.00 238,660.00 157,569.00 82,547.00 -102,001.00 205,630.00 126,087.00 54,225.00
   Research and Development Expenses 52,324.00 36,165.00 19,283.00 13,126.00 23,190.00 15,506.00 7,620.00 -15,165.00 20,182.00 14,897.00 7,395.00 -17,377.00 23,651.00 16,339.00 7,713.00 106.00 13,360.00 5,951.00 2,456.00
   Other Operating Expenses -63,485.00 -41,847.00 -30,812.00 -114,660.00 4,951.00 3,942.00 2,398.00 -11,237.00 9,883.00 7,758.00 4,684.00 4,516.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Income -102,467.00 -75,453.00 -27,825.00 64,674.00 -73,705.00 -52,508.00 -30,567.00 81,466.00 -89,162.00 -64,967.00 -35,073.00 117,375.00 -131,240.00 -91,730.00 -52,028.00 11,014.00 -77,187.00 -37,474.00 -15,107.00
Net Non-Operating Income 4,605.00 3,980.00 2,168.00 -167,773.00 9,158.00 5,810.00 2,886.00 -99,769.00 7,351.00 4,607.00 1,353.00 -154,886.00 -2,578.00 -2,464.00 -1,133.00 -101,453.00 106,316.00 89,772.00 -6,031.00
Interest Income 10,701.00 8,535.00 5,339.00 -8,510.00 19,092.00 12,777.00 1,685.00 6,907.00 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 3,154.00 2,551.00 1,618.00 -3,412.00 4,993.00 3,351.00 1,685.00 -3,915.00 6,831.00 3,991.00 0.00 -4,388.00 2,366.00 2,227.00 1,301.00 -1,549.00 3,375.00 2,079.00 1,177.00
Net Interest 7,547.00 5,984.00 3,721.00 -6,783.00 14,099.00 9,426.00 1,685.00 5,440.00 0 0 1,467.00 0 0 0 0 0 0 0 0
EBT -97,862.00 -71,473.00 -25,657.00 -103,099.00 -64,547.00 -46,698.00 -27,681.00 -18,303.00 -81,811.00 -60,360.00 -33,720.00 -37,511.00 -133,818.00 -94,194.00 -53,161.00 -90,439.00 29,129.00 52,298.00 -21,138.00
Income Tax 282.00 458.00 266.00 -811.00 1,145.00 995.00 620.00 -7,199.00 8,169.00 5,234.00 2,925.00 -10,399.00 12,255.00 9,483.00 3,753.00 8.00 4,283.00 1,461.00 976.00
Net Income Including Non-Controlling Interests -98,144.00 -71,015.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests 0.00 0.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income -98,144.00 -71,015.00 -25,923.00 57,440.00 -63,402.00 -45,703.00 -27,061.00 71,595.00 -73,642.00 -55,126.00 -30,795.00 111,432.00 -121,563.00 -84,711.00 -49,408.00 -73,404.00 33,412.00 53,759.00 -22,114.00
EBIT -94,708.00 -68,922.00 -24,039.00 -106,511.00 -59,554.00 -43,347.00 -25,996.00 -22,218.00 -74,980.00 -56,369.00 -33,720.00 -41,899.00 -131,452.00 -91,967.00 -51,860.00 -91,988.00 32,504.00 54,377.00 -19,961.00
Deprecation and Amortization 102,858.00 69,985.00 35,456.00 25,025.00 79,444.00 53,097.00 26,629.00 -15,675.00 80,572.00 53,655.00 26,614.00 -14,228.00 76,834.00 50,879.00 25,375.00 20,346.00 51,173.00 26,047.00 9,138.00
EBITDA 8,150.00 1,063.00 11,417.00 -81,486.00 19,890.00 9,750.00 633.00 -37,893.00 5,592.00 -2,714.00 -7,106.00 -56,127.00 -54,618.00 -41,088.00 -26,485.00 -71,642.00 83,677.00 80,424.00 -10,823.00
EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 -0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 127,917.00 127,664.00 127,376.00 127,773.00 126,491.00 126,257.00 126,111.00 126,432.00 125,358.00 125,192.00 125,026.00 125,333.00 124,055.00 123,850.00 123,630.00 127,313.00 119,087.00 117,249.00 116,199.00
Average Shares Outstanding Diluted 127,917.00 127,664.00 127,376.00 127,773.00 126,491.00 126,257.00 126,111.00 126,432.00 125,358.00 125,192.00 125,026.00 125,333.00 124,055.00 123,850.00 123,630.00 112,046.00 121,356.00 130,247.00 116,199.00
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 3,887.00 -4,997.00 -25,327.00 47,738.00 -2,777.00 -12,023.00 -25,915.00 44,716.00 -19,737.00 -14,240.00 -12,692.00 71,391.00 -62,308.00 -46,036.00 -29,040.00 -22,806.00 -6,947.00 820.00 2,210.00
   Operating Net Income -98,144.00 -71,015.00 -77,769.00 -100,012.00 -63,402.00 -45,703.00 -27,061.00 71,595.00 -73,642.00 -55,126.00 -30,795.00 111,432.00 -121,563.00 -84,711.00 -49,408.00 -73,404.00 33,412.00 53,759.00 -22,114.00
   Deprecation and Amortization 102,858.00 69,985.00 35,456.00 25,025.00 79,444.00 53,097.00 26,629.00 -15,675.00 80,572.00 53,655.00 26,614.00 -14,228.00 76,834.00 50,879.00 25,375.00 20,346.00 51,173.00 26,047.00 9,138.00
   Deferred Income Tax 0 0 0 -2,574.00 0 0 0 -9,520.00 0 0 0 -15,244.00 0 0 0 -6,810.00 0 0 0
   Share Based Compensation 33,274.00 22,968.00 10,754.00 -18,161.00 26,085.00 17,315.00 8,174.00 -8,231.00 17,643.00 10,463.00 4,758.00 -23,169.00 20,009.00 15,729.00 12,103.00 250.00 12,396.00 7,159.00 2,653.00
   Change in Working Capital -6,748.00 -5,107.00 -16,709.00 19,265.00 18,046.00 9,883.00 -11,997.00 -9,552.00 29,307.00 17,405.00 -5,420.00 -3,558.00 3,872.00 -185.00 1,155.00 4,929.00 6,125.00 -119.00 -5,972.00
   Other Operating Activities -27,353.00 -21,828.00 22,941.00 124,195.00 -62,950.00 -46,615.00 -21,660.00 16,099.00 -73,617.00 -40,637.00 -7,849.00 16,158.00 -41,460.00 -27,748.00 -18,265.00 31,883.00 -110,053.00 -86,026.00 18,505.00
Investing Cash Flow -6,031.00 -5,754.00 3,560.00 -41,830.00 18,322.00 21,838.00 14,525.00 -45,238.00 59,512.00 38,691.00 23,742.00 -18,893.00 1,580.00 5,778.00 12,052.00 753,203.00 -622,784.00 -608,098.00 -154,688.00
   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 19,137.00 10,823.00 4,500.00 -12,649.00 29,462.00 18,663.00 5,585.00 -20,291.00 21,695.00 17,421.00 9,927.00 -34,296.00 38,455.00 30,611.00 8,219.00 -41,022.00 52,155.00 37,178.00 15,831.00
   Net Purchase/Sale of Investments Net 20,560.00 11,060.00 8,060.00 -54,479.00 47,784.00 40,501.00 20,110.00 -92,553.00 94,719.00 69,624.00 47,181.00 -126,727.00 163,785.00 124,857.00 52,605.00 -306,653.00 225,697.00 189,022.00 151,695.00
   Net Purchase/Sale of Business 6,454.00 5,991.00 0 0 0 0 0 0 0 0 0 0 0 0 0 -419,404.00 419,404.00 419,404.00 0
   Other Investing Activities -52,182.00 -33,628.00 -9,000.00 25,298.00 -58,924.00 -37,326.00 -11,170.00 67,606.00 -56,902.00 -48,354.00 -33,366.00 142,130.00 -200,660.00 -149,690.00 -48,772.00 1,520,282.00 -1,320,040.00 -1,253,702.00 -322,214.00
Financing Cash Flow -200,719.00 -201,484.00 949.00 -2,911.00 3,959.00 2,782.00 816.00 -1,552.00 3,284.00 1,443.00 1,379.00 -11,323.00 10,027.00 7,068.00 6,057.00 -1,252,020.00 722,825.00 729,545.00 524,935.00
   Net Issuance/Repayment of Debt 201,250.00 201,250.00 0 0 0 0 0 0 0 0 0 0 0 0 0 -668,820.00 334,410.00 334,410.00 334,410.00
   Net Issuance/Repurchase of Equity 531.00 -234.00 949.00 -2,911.00 3,959.00 2,782.00 816.00 -1,641.00 3,350.00 1,504.00 1,411.00 -12,191.00 10,733.00 7,642.00 6,403.00 -7,692.00 12,110.00 8,045.00 2,617.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -402,500.00 -402,500.00 0.00 0.00 0.00 0.00 0.00 89.00 -66.00 -61.00 -32.00 868.00 -706.00 -574.00 -346.00 -575,508.00 376,305.00 387,090.00 187,908.00
Net Change in Cash -405,758.00 -424,524.00 -20,818.00 2,997.00 19,504.00 12,597.00 -10,574.00 -2,074.00 43,059.00 25,894.00 12,429.00 41,175.00 -50,701.00 -33,190.00 -10,931.00 -521,623.00 93,094.00 122,267.00 372,457.00
   Cash at Beginning of Period 569,875.00 579,247.00 367,012.00 364,015.00 342,488.00 342,488.00 342,488.00 344,562.00 263,180.00 263,180.00 263,180.00 222,005.00 316,827.00 316,827.00 316,827.00 838,450.00 250,632.00 250,632.00 250,632.00
   Cash at End of Period 164,117.00 154,723.00 346,194.00 367,012.00 361,992.00 355,085.00 331,914.00 342,488.00 306,239.00 289,074.00 275,609.00 263,180.00 266,126.00 283,637.00 305,896.00 316,827.00 343,726.00 372,899.00 623,089.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0