Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings 12.83 13.25
Price to Sales
Book Value Per Common Share 37.74 26.61
Price to Book 0.67 0.94
Price to Operating Cash Flow -3.69 -3.34
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 2023-06-30 2023-03-31 2022-09-30
Price to Earnings 15.99 28.06 69.51 20.11 30.71 66.18 21.89 34.75 54.39 17.50
Price to Sales
Book Value Per Common Share 29.48 27.97 27.29 37.74 25.57 26.52 24.36 26.61 12.35 11.09 10.75 17.37
Price to Book 0.85 0.89 0.92 0.67 0.99 0.94 1.03 0.94 1.95 2.26 2.33 1.44
Price to Operating Cash Flow -1.50 -2.41 -10.37 -10.49 -17.11 -15.79 -5.09 -3.01 -5.29 -4.75
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31
Earning YoY 4.23
Revenue YoY
EBITDA YoY
Net Profit YoY -21.21
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 2022-09-30
Earning YoY 76.40 147.22 55.56 113.16 52.78 56.52 -67.83
Revenue YoY
EBITDA YoY
Net Profit YoY 58.54 64.85 83.93 126.47 131.52 109.80 -60.77

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 30.31 14.66
Quick Ratio
Current Ratio
Debt to Equity 0.99 0.65
Long-Term Debt to Equity
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 2022-09-30
Cash Per Common Share 16.01 16.09 22.55 28.76 13.93 15.40 12.07 14.42 15.45 18.21 13.21 0.44
Quick Ratio
Current Ratio
Debt to Equity 0.77 0.80 0.77 0.99 0.76 0.71 0.71 0.65 0.41 0.45 0.40 1.53
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31
ROA 1.16 1.57
ROE 2.32 2.59
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
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 2022-09-30
ROA 1.16 0.81 0.51 1.10 0.62 0.30 1.56 0.69 0.35 2.82
ROE 2.05 1.45 0.90 1.94 1.07 0.52 2.19 1.00 0.49 7.13
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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 2023-06-30 2023-03-31 2022-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 5,132,345.00 4,830,721.00
   Deposits 1,951,934.00 932,610.00
      Cash and Short-Term Investments 756,012.00 355,977.00
            Cash and Cash Equivalents 756,012.00 355,977.00
            Short-Term Investments 0 0
      Net Receivables 2,376,637.00 3,473,223.00
      Inventory 0 0
      Other Current Assets 0 0
      Property, Plant, Equipment Net 5,688.00 5,701.00
      Goodwill 14,085.00 25,885.00
      Intangible Assets 1,040.00 16,140.00
      Long-Term Investments 0 0
      Non-Current Deferred Assets 0 5,230.00
      Other Non-Current Assets 0 0
Liabilities 2,556,903.00 1,898,612.00
      Payables and Expenses 0 0
            Account Payables 0 0
            Current Accrued Liabilities 0 0
      Short-Term Debt 0 0
      Other Current Liabilities 0 0
      Long-Term Debt 0 0
      Other Non-Current Liabilities 0 0
Equity 2,575,442.00 2,932,109.00
   Shareholders Equity 992,112.00 656,800.00
      Capital Stock 40,527.00 40,213.00
      Share Premium 218,266.00 515,100.00
      Retained Earnings 57,773.00 -226,227.00
      Treasury Shares 0 0
      Accumulated Other Comprehensive Income -21.00 -148.00
   Minority Interest 0 0
Investments 23,916.00 2,732,898.00
Debt 1,324,341.00 1,272,060.00
Net Debt 568,329.00 916,083.00
Common Shares Outstanding 26,291.00 24,680.00
Preferred Shares Outstanding 20.00 20.00
Breakdown 2024-12-31 2023-12-31
Cost Of Revenue 26,216.00 11,704.00
Interest Income 244,687.00 200,087.00
Interest Expense 300,072.00 312,187.00
Net Interest 51,550.00 36,790.00
Non-Interest Income 483,201.00 632,860.00
Non-Interest Expense 186,812.00 382,723.00
Provisions for Credit Losses 26,216.00 11,704.00
   Selling, General and Administrative Expenses 112,319.00 60,668.00
EBT 0 0
Income Tax 38,106.00 18,749.00
Net Income Including Non-Controlling Interests 50,853.00 47,329.00
Net Income Non-Controlling Interests 8,871.00 28,474.00
Net Income 59,724.00 75,803.00
Deprecation and Amortization 4,404.00 3,559.00
EPS 0.00 0.00
Diluted EPS 0.00 0.00
Average Shares Outstanding Basic 24,945.00 24,277.00
Average Shares Outstanding Diluted 25,186.00 24,881.00
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow -170,929.00 -182,093.00
   Operating Net Income 107,735.00 289,218.00
   Deprecation and Amortization 4,404.00 3,559.00
   Deferred Income Tax 23,513.00 -10,614.00
   Share Based Compensation 4,062.00 2,828.00
   Change in Working Capital -19,370.00 -55,599.00
   Other Operating Activities -291,273.00 -411,485.00
Investing Cash Flow -289,701.00 -289,808.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 439.00 458.00
   Net Purchase/Sale of Investments Net 114,380.00 27,167.00
   Net Purchase/Sale of Business 0 -11,142.00
   Other Investing Activities -404,520.00 -306,291.00
Financing Cash Flow 664,714.00 437,494.00
   Net Issuance/Repayment of Debt 185,125.00 90,000.00
   Net Issuance/Repurchase of Equity 29,174.00 39,037.00
   Dividends Paid 20,252.00 14,147.00
   Other Financing Activities 430,163.00 294,310.00
Net Change in Cash 204,084.00 -34,407.00
   Cash at Beginning of Period 177,290.00 218,413.00
   Cash at End of Period 381,374.00 184,006.00
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 2023-06-30 2023-03-31 2022-09-30
Assets 5,206,759.00 4,725,342.00 4,541,825.00 5,132,345.00 3,638,668.00 3,499,196.00 3,203,817.00 4,830,721.00 4,224,052.00 4,131,635.00 3,845,531.00 1,224,861.00
   Deposits 2,360,716.00 2,173,068.00 1,938,553.00 1,951,934.00 1,304,971.00 1,226,466.00 1,031,378.00 932,610.00 432,559.00 447,357.00 247,574.00 0
      Cash and Short-Term Investments 409,826.00 405,003.00 567,162.00 756,012.00 354,141.00 378,868.00 293,058.00 355,977.00 381,127.00 448,131.00 325,182.00 10,549.00
            Cash and Cash Equivalents 409,826.00 405,003.00 567,162.00 756,012.00 354,141.00 378,868.00 293,058.00 355,977.00 381,127.00 448,131.00 325,182.00 10,549.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 4,621,595.00 3,199,357.00 3,416,097.00 2,376,637.00 788,792.00 619,145.00 4,186,611.00 3,473,223.00 3,036,652.00 2,632,960.00 2,757,447.00 71,634.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 2,292.00 2,384.00 5,268.00 5,688.00 3,992.00 5,110.00 5,193.00 5,701.00 5,991.00 7,002.00 7,492.00 6,381.00
      Goodwill 14,085.00 14,085.00 14,085.00 14,085.00 14,085.00 25,885.00 25,885.00 25,885.00 21,134.00 21,133.00 21,189.00 0
      Intangible Assets 548.00 587.00 626.00 1,040.00 1,040.00 7,565.00 7,565.00 16,140.00 18,426.00 18,425.00 18,425.00 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 190.00 0 0 0 1,943.00 2,717.00 5,230.00 8,656.00 4,622.00 8,225.00 0
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 2,263,441.00 2,098,538.00 1,979,717.00 2,556,903.00 1,567,147.00 1,456,601.00 1,331,706.00 1,898,612.00 1,224,366.00 1,278,151.00 1,090,543.00 740,367.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
Equity 2,943,318.00 2,626,804.00 2,562,108.00 2,575,442.00 2,071,521.00 2,042,595.00 1,872,111.00 2,932,109.00 2,999,686.00 2,853,484.00 2,754,988.00 484,494.00
   Shareholders Equity 851,405.00 736,127.00 718,952.00 992,112.00 665,236.00 685,493.00 602,166.00 656,800.00 304,487.00 272,896.00 264,656.00 424,318.00
      Capital Stock 48,758.00 20,263.00 20,265.00 40,527.00 20,258.00 20,255.00 20,231.00 40,213.00 20,229.00 20,229.00 20,229.00 485.00
      Share Premium 255,963.00 221,914.00 220,468.00 218,266.00 216,662.00 215,633.00 201,431.00 515,100.00 192,711.00 192,114.00 191,316.00 370,703.00
      Retained Earnings 81,981.00 69,995.00 61,538.00 57,773.00 44,834.00 38,251.00 32,611.00 -226,227.00 14,267.00 9,075.00 7,047.00 20,611.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 5.00 8.00 9.00 -21.00 31.00 -137.00 -141.00 -148.00 -184.00 -203.00 -82.00 0
   Minority Interest 0 0 0 0 0 0 0 0 0 -487.00 -472.00 0
Investments 18,009.00 14,245.00 14,127.00 23,916.00 23,790.00 28,418.00 3,168,234.00 2,732,898.00 2,505,288.00 2,218,436.00 2,454,258.00 0
Debt 1,504,633.00 1,241,832.00 1,379,453.00 1,324,341.00 1,334,166.00 1,295,081.00 1,263,263.00 1,272,060.00 1,299,530.00 1,393,769.00 1,290,181.00 425,486.00
Net Debt 1,094,807.00 836,829.00 812,291.00 568,329.00 980,025.00 916,213.00 970,205.00 916,083.00 918,403.00 945,638.00 964,999.00 414,937.00
Common Shares Outstanding 28,876.00 26,317.00 26,342.00 26,291.00 26,018.00 25,852.00 24,715.00 24,680.00 24,645.00 24,615.00 24,609.00 24,425.00
Preferred Shares Outstanding 0 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20,000.00 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 2022-09-30
Cost Of Revenue 30,334.00 22,622.00 13,505.00 -4,355.00 16,742.00 9,814.00 4,015.00 -846.00 7,339.00 3,893.00 1,318.00 0
Interest Income 113,502.00 74,408.00 37,890.00 73,509.00 87,691.00 56,420.00 27,067.00 -70,863.00 143,010.00 87,586.00 40,354.00 17,412.00
Interest Expense 224,226.00 147,804.00 76,138.00 -85,307.00 195,202.00 128,670.00 61,507.00 -44,993.00 184,177.00 118,060.00 54,943.00 17,412.00
Net Interest 42,405.00 27,856.00 13,933.00 -4,401.00 29,013.00 18,032.00 8,906.00 -967.00 18,333.00 10,256.00 9,168.00 17,412.00
Non-Interest Income 342,125.00 220,567.00 106,977.00 23,413.00 309,034.00 101,387.00 49,367.00 -194,326.00 448,726.00 270,402.00 108,058.00 0
Non-Interest Expense 131,654.00 87,378.00 42,506.00 -56,640.00 120,570.00 81,723.00 41,159.00 -191,784.00 280,684.00 193,884.00 99,939.00 0
Provisions for Credit Losses 30,334.00 22,622.00 13,505.00 -4,355.00 16,742.00 9,814.00 4,015.00 -846.00 7,339.00 3,893.00 1,318.00 0
   Selling, General and Administrative Expenses 65,442.00 44,072.00 21,702.00 41,525.00 34,187.00 23,576.00 13,031.00 -8,200.00 33,587.00 23,407.00 11,874.00 9,941.00
EBT 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 14,516.00 7,351.00 2,282.00 14,960.00 12,410.00 7,287.00 3,449.00 3,676.00 671.00 4,678.00 9,724.00 0.00
Net Income Including Non-Controlling Interests 0 0 0 -11,921.00 32,529.00 20,595.00 9,650.00 -9,699.00 28,545.00 28,483.00 0 0
Net Income Non-Controlling Interests 0 0 0 -54.00 7,666.00 1,259.00 0.00 -8,718.00 37,254.00 -62.00 0 0
Net Income 60,445.00 38,127.00 23,129.00 -11,975.00 40,195.00 21,854.00 9,650.00 -31,964.00 65,799.00 28,421.00 13,547.00 34,533.00
Deprecation and Amortization 2,521.00 1,891.00 1,197.00 511.00 2,134.00 1,166.00 593.00 -2,633.00 4,487.00 1,705.00 0.00 181.00
EPS 0.00 0.00 0.00 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 0.00 0.00 0
Average Shares Outstanding Basic 25,600.00 25,167.00 25,156.00 25,469.00 25,425.00 24,599.00 24,287.00 23,228.00 24,663.00 24,608.00 24,609.00 24,204.00
Average Shares Outstanding Diluted 26,043.00 25,648.00 25,550.00 25,091.00 26,589.00 24,706.00 24,358.00 24,036.00 24,663.00 25,588.00 25,237.00 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 2022-09-30
Operating Cash Flow -427,836.00 -260,518.00 -60,704.00 -35,085.00 -61,419.00 -35,751.00 -38,674.00 255,808.00 -116,690.00 -204,852.00 -116,359.00 -127,593.00
   Operating Net Income 134,733.00 82,115.00 42,600.00 -42,204.00 79,220.00 50,059.00 20,660.00 -1,948.00 193,606.00 97,560.00 0 32,744.00
   Deprecation and Amortization 2,521.00 1,891.00 1,197.00 511.00 2,134.00 1,166.00 593.00 -2,633.00 4,487.00 1,705.00 0 181.00
   Deferred Income Tax 3,097.00 -2,439.00 2,791.00 6,241.00 11,472.00 3,287.00 2,513.00 5,522.00 -8,934.00 -2,339.00 -4,863.00 175.00
   Share Based Compensation 4,008.00 3,390.00 1,834.00 -223.00 2,261.00 1,343.00 681.00 -637.00 2,029.00 1,436.00 0 0
   Change in Working Capital 9,244.00 352.00 17,728.00 -48,174.00 8,242.00 14,177.00 6,385.00 28,973.00 -31,543.00 -25,732.00 -27,297.00 -610.00
   Other Operating Activities -581,439.00 -345,827.00 -126,854.00 48,764.00 -164,748.00 -105,783.00 -69,506.00 226,531.00 -276,335.00 -277,482.00 -84,199.00 -160,083.00
Investing Cash Flow -193,876.00 -124,076.00 -79,245.00 -25,300.00 -122,833.00 -97,763.00 -43,805.00 -70,347.00 -123,017.00 -72,546.00 -23,898.00 0
   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
   Net Purchase/Sale of PPE 96.00 91.00 37.00 -121.00 375.00 128.00 57.00 -129.00 293.00 129.00 165.00 11.00
   Net Purchase/Sale of Investments Net 18,000.00 14,000.00 12,000.00 97,947.00 8,637.00 3,752.00 4,044.00 -56,771.00 28,134.00 27,903.00 27,901.00 0
   Net Purchase/Sale of Business 4,000.00 4,000.00 4,000.00 0 0 0 0 22,614.00 -11,252.00 -11,252.00 -11,252.00 0
   Other Investing Activities -215,972.00 -142,167.00 -95,282.00 -123,126.00 -131,845.00 -101,643.00 -47,906.00 -36,061.00 -140,192.00 -89,326.00 -40,712.00 0
Financing Cash Flow 457,269.00 216,509.00 52,709.00 255,057.00 192,132.00 155,846.00 61,679.00 -450,713.00 315,488.00 385,820.00 186,899.00 22,876.00
   Net Issuance/Repayment of Debt 745,731.00 30,000.00 30,000.00 -71,875.00 185,125.00 71,875.00 0 -100,000.00 90,000.00 50,000.00 50,000.00 45,000.00
   Net Issuance/Repurchase of Equity 53,628.00 324.00 48.00 1,289.00 13,958.00 13,927.00 0 -19,442.00 19,493.00 19,493.00 19,493.00 726.00
   Dividends Paid 16,176.00 10,468.00 5,233.00 -9,322.00 15,015.00 9,788.00 4,771.00 157.00 9,378.00 4,612.00 0 48,319.00
   Other Financing Activities -358,266.00 175,717.00 17,428.00 334,965.00 -21,966.00 60,256.00 56,908.00 -331,428.00 196,617.00 311,715.00 117,406.00 -71,169.00
Net Change in Cash -164,443.00 -168,085.00 -87,240.00 194,672.00 7,880.00 22,332.00 -20,800.00 -265,252.00 75,781.00 108,422.00 46,642.00 -104,728.00
   Cash at Beginning of Period 381,374.00 381,374.00 381,374.00 186,702.00 182,542.00 184,006.00 184,006.00 449,258.00 147,912.00 147,912.00 150,502.00 186,860.00
   Cash at End of Period 216,931.00 213,289.00 294,134.00 381,374.00 190,422.00 206,338.00 163,206.00 184,006.00 223,693.00 256,334.00 197,144.00 82,132.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0