NSA

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 32.13 26.25 36.48 61.24
Price to Sales 3.78 4.20 4.11 9.59
Book Value Per Common Share 14.09 17.28 18.35 19.47 13.59
Price to Book 2.69 2.40 1.97 3.56
Price to Operating Cash Flow 8.02 8.16 7.42 16.96
Price to Free Cash Flow
Enterprise Value to EBITDA 55381.55 51971.49 65563.75 158788.41
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 65.70 110.31 394.00 46.80 48.49 58.45 38.24 62.20 149.21 61.15 104.31 261.50 59.31 87.17 166.38
Price to Sales 4.09 6.48 15.98 6.40 8.28 16.02 4.36 7.31 17.98 6.41 11.86 30.62 10.03 14.37 23.31
Book Value Per Common Share 14.10 13.09 13.52 14.09 12.95 15.85 16.61 17.28 17.56 18.33 18.52 18.35 18.70 19.06 19.10 19.47 18.09 15.02 14.43 13.59
Price to Book 2.14 2.44 2.91 2.69 3.72 2.60 2.36 2.40 1.81 1.90 2.26 1.97 2.22 2.63 3.29 3.56 2.92 3.37 2.77
Price to Operating Cash Flow 8.70 14.77 35.14 13.13 18.07 33.42 8.06 14.19 34.07 10.87 20.16 52.07 17.32 26.03 44.74
Price to Free Cash Flow
Enterprise Value to EBITDA 46324.96 73594.48 187750.02 89481.14 105054.23 157123.59 59565.05 105933.69 259703.54 97234.92 178616.91 457779.05 165875.82 218236.69 355590.87

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -25.32 59.60 -12.39
Revenue YoY -10.22 7.05 36.86 35.50
EBITDA YoY -20.41 32.66 24.53 36.65
Net Profit YoY -28.82 51.03 -1.44 116.53
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 58.62 190.00 21.18 26.87 48.21 100.00 41.67 100.00 53.45 141.67
Revenue YoY 50.03 100.26 50.08 97.09 51.75 103.61 53.56 106.25 57.74 112.40
EBITDA YoY 50.83 107.43 39.20 53.94 51.66 105.19 51.06 105.13 57.23 113.24
Net Profit YoY 56.76 149.85 24.58 28.91 50.05 101.69 44.19 99.25 60.99 137.82

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.66 0.75 0.39 0.31 0.28
Quick Ratio
Current Ratio
Debt to Equity 0.88 0.95 0.85 0.73 0.64
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 2022-12-31 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 0.34 0.34 0.25 0.66 0.91 0.76 0.80 0.79 0.67 0.50 0.50 0.39 0.37 0.35 0.29 0.27 0.88 0.30 0.27 0.26
Quick Ratio
Current Ratio
Debt to Equity 0.92 0.91 0.90 0.88 0.87 0.87 0.82 0.95 0.99 0.88 0.88 0.85 0.83 0.73 0.73 0.73 0.57 0.63 0.61 0.64
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 1.46 2.01 1.30 1.44 0.91
ROE 2.75 3.92 2.40 2.48 1.49
Gross Margin 60.78 77.16 70.02 60.05 53.95
Operating Margin 44.31 52.02 37.31 44.79 42.79
EBITDA Margin 67.84 76.52 61.75 67.86 67.29
Net Profit Margin 14.48 18.26 12.94 17.97 11.25
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 0.68 0.44 0.17 1.23 1.01 0.78 1.09 0.72 0.36 0.90 0.65 0.34 1.27 0.87 0.38
ROE 1.31 0.83 0.33 2.30 1.90 1.42 2.17 1.36 0.67 1.65 1.13 0.59 1.98 1.42 0.61
Gross Margin 58.14 58.07 57.89 62.75 59.22 59.62 63.09 62.97 62.48 62.52 62.50 62.51 59.13 58.44 57.08
Operating Margin 64.89 64.31 61.18 47.28 52.80 74.53 44.15 43.98 43.25 41.20 42.14 42.04 45.83 45.60 44.74
EBITDA Margin 88.70 88.23 85.18 70.76 76.29 97.68 68.78 68.82 68.29 65.54 66.62 66.99 68.69 68.91 68.65
Net Profit Margin 8.99 8.61 6.90 16.34 19.68 30.09 13.64 13.79 13.92 12.23 13.02 13.48 19.36 18.97 16.94

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 7,653,601.00 7,800,747.00 7,998,083.00 7,327,694.00 5,337,496.00
      Cash and Short-Term Investments 50,408.00 64,980.00 35,312.00 25,013.00 18,723.00
            Cash and Cash Equivalents 50,408.00 64,980.00 35,312.00 25,013.00 18,723.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 8,689.00 9,842.00 13,120.00 6,228.00 2,734.00
      Inventory 0 0 0 0 0
      Other Current Assets 0 0 0 0 0
      Property, Plant, Equipment Net 1,068,322.00 1,057,861.00 1,135,161.00 1,050,642.00 761,992.00
      Real Estate 17,536,632.00 13,834,358.00 15,087,247.00 13,763,614.00 9,303,006.00
      Goodwill 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00
      Intangible Assets 134,027.00 47,885.00 38,778.00 62,947.00 32,195.00
      Long-Term Investments 246,193.00 611,361.00 227,441.00 188,187.00 202,533.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0
Liabilities 3,591,115.00 3,805,970.00 3,680,993.00 3,080,139.00 2,083,102.00
      Payables and Expenses 0 0 0 0 0
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0
Equity 4,062,486.00 3,994,777.00 4,317,090.00 4,247,555.00 3,254,394.00
   Shareholders Equity 1,075,980.00 1,422,188.00 1,648,201.00 1,775,229.00 968,957.00
      Capital Stock 341,658.00 341,474.00 226,337.00 219,330.00 219,031.00
      Share Premium 1,249,426.00 1,509,563.00 1,777,984.00 1,866,773.00 1,050,714.00
      Retained Earnings -530,652.00 -449,907.00 -396,650.00 -291,263.00 -251,704.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 15,548.00 21,058.00 40,530.00 -19,611.00 -49,084.00
   Minority Interest 687,367.00 703,653.00 740,813.00 707,226.00 461,518.00
Investments 246,193.00 611,361.00 227,441.00 188,187.00 202,533.00
Debt 22,888.00 24,195.00 25,741.00 23,981.00 24,756.00
Net Debt 0 0 0 0 6,033.00
Common Shares Outstanding 76,344.66 82,285.99 89,842.15 91,198.93 71,293.12
Preferred Shares Outstanding 14,695.46 0 9,017.59 8,736.72 8,732.72
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 770,335.00 858,063.00 801,569.00 585,671.00 432,222.00
Cost Of Revenue 302,110.00 195,946.00 240,325.00 233,994.00 199,018.00
Gross Profit 468,225.00 662,117.00 561,244.00 351,677.00 233,204.00
   Selling, General and Administrative Expenses 57,606.00 59,281.00 59,311.00 51,001.00 43,640.00
Net Non-Operating Income -110,119.00 -98,117.00 -101,084.00 -69,615.00 -65,965.00
Interest Expense 154,260.00 207,812.00 110,599.00 113,720.00 103,799.00
EBT 187,037.00 238,578.00 188,454.00 148,625.00 81,149.00
Income Tax 3,767.00 1,590.00 4,689.00 1,690.00 1,671.00
Equity Method Investments Income -16,075.00 7,553.00 7,745.00 5,294.00 265.00
Net Income Including Non-Controlling Interests 39,766.00 76,350.00 23,709.00 63,571.00 17,740.00
Net Income Non-Controlling Interests 71,752.00 80,319.00 80,028.00 41,682.00 30,869.00
Net Income 111,518.00 156,669.00 103,737.00 105,253.00 48,609.00
EBIT 341,297.00 446,390.00 299,053.00 262,345.00 184,948.00
Deprecation and Amortization 181,300.00 210,200.00 195,900.00 135,100.00 105,900.00
EBITDA 522,597.00 656,590.00 494,953.00 397,445.00 290,848.00
EPS 0.00 0.00 0.00 0.00 0
Diluted EPS 0.00 0.00 0.00 0.00 0
Average Shares Outstanding Basic 76,844.00 86,846.00 91,239.00 81,195.00 66,547.00
Average Shares Outstanding Diluted 76,844.00 146,023.00 91,239.00 134,538.00 66,607.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 363,065.00 441,576.00 443,847.00 331,349.00 220,654.00
   Operating Net Income 183,270.00 236,988.00 183,765.00 146,935.00 79,478.00
   Deprecation and Amortization 181,300.00 210,200.00 195,900.00 135,100.00 105,900.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 8,310.00 6,679.00 6,258.00 5,462.00 4,278.00
   Change in Working Capital -4,393.00 14,349.00 26,037.00 9,882.00 10,080.00
   Other Operating Activities -5,422.00 -26,640.00 31,887.00 33,970.00 20,918.00
Investing Cash Flow 425,415.00 161,105.00 -584,165.00 -1,998,050.00 -509,683.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 34,664.00 18,242.00 928.00 3,291.00 364.00
   Net Purchase/Sale of Investments Net -908.00 0 0 0 7,560.00
   Net Purchase/Sale of Business 74,215.00 53,500.00 56,644.00 4,400.00 8,782.00
   Other Investing Activities 317,444.00 89,363.00 -641,737.00 -2,005,741.00 -526,389.00
Financing Cash Flow -825,420.00 -557,187.00 154,642.00 1,672,875.00 286,454.00
   Net Issuance/Repayment of Debt 2,749,536.00 2,529,445.00 2,532,372.00 3,670,669.00 1,475,647.00
   Net Issuance/Repurchase of Equity 275,195.00 310,152.00 90,109.00 900,980.00 105,817.00
   Dividends Paid 192,263.00 209,926.00 209,124.00 144,812.00 103,238.00
   Other Financing Activities -4,042,414.00 -3,606,710.00 -2,676,963.00 -3,043,586.00 -1,398,248.00
Net Change in Cash -36,940.00 45,494.00 14,324.00 6,174.00 -2,575.00
   Cash at Beginning of Period 87,693.00 42,199.00 27,875.00 21,701.00 24,276.00
   Cash at End of Period 50,753.00 87,693.00 42,199.00 27,875.00 21,701.00
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 7,436,982.00 7,455,314.00 7,528,932.00 7,653,601.00 7,713,787.00 7,509,202.00 7,565,447.00 7,800,747.00 8,052,816.00 8,060,160.00 8,095,083.00 7,998,083.00 8,014,712.00 7,713,000.00 7,374,949.00 7,327,694.00 6,304,121.00 5,686,974.00 5,461,137.00 5,337,496.00
      Cash and Short-Term Investments 26,295.00 26,121.00 19,266.00 50,408.00 69,886.00 58,975.00 64,233.00 64,980.00 58,846.00 44,022.00 44,330.00 35,312.00 33,401.00 32,345.00 26,616.00 25,013.00 69,246.00 22,410.00 19,513.00 18,723.00
            Cash and Cash Equivalents 26,295.00 26,121.00 19,266.00 50,408.00 69,886.00 58,975.00 64,233.00 64,980.00 58,846.00 44,022.00 44,330.00 35,312.00 33,401.00 32,345.00 26,616.00 25,013.00 69,246.00 22,410.00 19,513.00 18,723.00
            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 6,716.00 8,243.00 6,835.00 8,689.00 9,602.00 9,448.00 8,742.00 9,842.00 13,379.00 13,283.00 13,962.00 13,120.00 10,101.00 7,695.00 6,466.00 6,228.00 4,319.00 2,800.00 2,164.00 2,734.00
      Inventory 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 1,059,187.00 1,059,204.00 1,066,718.00 1,068,322.00 1,059,698.00 1,059,962.00 1,057,646.00 1,057,861.00 1,175,223.00 1,170,514.00 1,169,208.00 1,135,161.00 1,128,492.00 1,080,958.00 1,066,268.00 1,050,642.00 899,098.00 813,422.00 788,356.00 761,992.00
      Real Estate 17,599,558.00 17,500,716.00 17,557,490.00 17,536,632.00 17,445,636.00 17,145,722.00 17,097,706.00 13,834,358.00 15,485,086.00 15,427,639.00 15,400,234.00 15,087,247.00 15,013,237.00 14,367,987.00 13,933,441.00 13,763,614.00 11,526,424.00 10,357,791.00 9,668,262.00 9,303,006.00
      Goodwill 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00 8,182.00
      Intangible Assets 0 0 0 134,027.00 0 0 0 47,885.00 0 0 0 38,778.00 0 0 0 62,947.00 0 0 0 32,195.00
      Long-Term Investments 235,385.00 231,360.00 235,591.00 246,193.00 257,381.00 230,295.00 240,025.00 611,361.00 215,150.00 219,060.00 223,139.00 227,441.00 231,696.00 234,075.00 184,547.00 188,187.00 192,015.00 195,567.00 199,277.00 202,533.00
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 3,560,261.00 3,543,603.00 3,562,812.00 3,591,115.00 3,588,773.00 3,504,036.00 3,419,793.00 3,805,970.00 4,008,441.00 3,776,990.00 3,780,351.00 3,680,993.00 3,626,695.00 3,257,728.00 3,111,367.00 3,080,139.00 2,283,570.00 2,203,720.00 2,070,016.00 2,083,102.00
      Payables and Expenses 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 3,876,721.00 3,911,711.00 3,966,120.00 4,062,486.00 4,125,014.00 4,005,166.00 4,145,654.00 3,994,777.00 4,044,375.00 4,283,170.00 4,314,732.00 4,317,090.00 4,388,017.00 4,455,272.00 4,263,582.00 4,247,555.00 4,020,551.00 3,483,254.00 3,391,121.00 3,254,394.00
   Shareholders Equity 1,085,225.00 1,002,082.00 1,033,979.00 1,075,980.00 986,869.00 1,191,210.00 1,277,027.00 1,422,188.00 1,456,551.00 1,625,371.00 1,635,415.00 1,648,201.00 1,698,666.00 1,748,775.00 1,746,980.00 1,775,229.00 1,608,849.00 1,167,301.00 1,084,651.00 968,957.00
      Capital Stock 341,899.00 341,720.00 341,719.00 341,658.00 341,580.00 341,403.00 341,420.00 341,474.00 341,481.00 341,537.00 341,534.00 226,337.00 226,348.00 226,357.00 219,538.00 219,330.00 219,307.00 219,195.00 219,070.00 219,031.00
      Share Premium 1,378,088.00 1,249,996.00 1,249,291.00 1,249,426.00 1,124,533.00 1,293,694.00 1,347,512.00 1,509,563.00 1,539,279.00 1,692,741.00 1,689,136.00 1,777,984.00 1,804,444.00 1,841,880.00 1,830,732.00 1,866,773.00 1,692,481.00 1,244,269.00 1,156,378.00 1,050,714.00
      Retained Earnings -626,122.00 -595,627.00 -566,346.00 -530,652.00 -498,787.00 -469,768.00 -439,741.00 -449,907.00 -468,611.00 -445,813.00 -420,408.00 -396,650.00 -374,978.00 -343,834.00 -315,024.00 -291,263.00 -272,636.00 -263,117.00 -259,155.00 -251,704.00
      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 18,360.00 5,993.00 9,315.00 15,548.00 19,543.00 25,881.00 27,836.00 21,058.00 44,402.00 36,906.00 25,153.00 40,530.00 42,852.00 24,372.00 11,734.00 -19,611.00 -30,303.00 -33,046.00 -31,642.00 -49,084.00
   Minority Interest 721,016.00 635,600.00 658,213.00 687,367.00 814,019.00 625,855.00 670,045.00 703,653.00 700,180.00 759,030.00 769,659.00 740,813.00 738,377.00 752,538.00 763,064.00 707,226.00 628,815.00 520,225.00 496,969.00 461,518.00
Investments 235,385.00 231,360.00 235,591.00 246,193.00 257,381.00 230,295.00 240,025.00 611,361.00 215,150.00 219,060.00 223,139.00 227,441.00 231,696.00 234,075.00 184,547.00 188,187.00 192,015.00 195,567.00 199,277.00 202,533.00
Debt 22,394.00 22,683.00 22,662.00 22,888.00 23,493.00 23,731.00 24,009.00 24,195.00 25,095.00 25,314.00 25,528.00 25,741.00 23,362.00 23,558.00 23,751.00 23,981.00 24,181.00 24,379.00 24,569.00 24,756.00
Net Debt 0 0 3,396.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,969.00 5,056.00 6,033.00
Common Shares Outstanding 76,940.98 76,558.74 76,450.47 76,344.66 76,216.68 75,169.16 76,873.10 82,285.99 82,955.80 88,649.79 88,296.14 89,842.15 90,861.82 91,755.67 91,461.72 91,198.93 88,945.85 77,708.83 75,186.13 71,293.12
Preferred Shares Outstanding 14,704.84 14,697.84 14,697.84 14,695.46 14,692.38 0 0 0 0 0 0 9,017.59 9,017.59 9,017.59 8,744.93 8,736.72 8,736.72 8,736.72 8,732.72 8,732.72
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 565,898.00 377,196.00 188,354.00 -392,626.00 580,217.00 386,596.00 196,148.00 -416,085.00 642,651.00 423,504.00 207,993.00 -364,536.00 592,847.00 386,074.00 187,184.00 -210,640.00 412,081.00 261,238.00 122,992.00
Cost Of Revenue 236,893.00 158,156.00 79,320.00 -150,864.00 216,130.00 157,647.00 79,197.00 -276,129.00 237,204.00 156,839.00 78,032.00 -196,827.00 222,195.00 144,790.00 70,167.00 -95,771.00 168,404.00 108,569.00 52,792.00
Gross Profit 329,005.00 219,040.00 109,034.00 -241,762.00 364,087.00 228,949.00 116,951.00 -139,956.00 405,447.00 266,665.00 129,961.00 -167,709.00 370,652.00 241,284.00 117,017.00 -114,869.00 243,677.00 152,669.00 70,200.00
   Selling, General and Administrative Expenses 37,409.00 25,949.00 13,145.00 -34,908.00 44,977.00 31,863.00 15,674.00 -29,090.00 44,325.00 29,225.00 14,821.00 -27,289.00 43,966.00 28,668.00 13,966.00 -20,625.00 36,700.00 23,688.00 11,238.00
Net Non-Operating Income -125,117.00 -84,095.00 -46,874.00 -49,009.00 -63,992.00 -18,135.00 21,017.00 134,543.00 -117,845.00 -76,345.00 -38,470.00 32,931.00 -71,218.00 -43,113.00 -19,684.00 29,956.00 -50,144.00 -32,929.00 -16,498.00
Interest Expense 285,619.00 190,868.00 94,595.00 -86,222.00 114,920.00 75,345.00 50,217.00 -90,971.00 151,953.00 98,471.00 48,359.00 -97,586.00 107,207.00 67,921.00 33,057.00 -51,943.00 83,515.00 54,951.00 27,197.00
EBT 81,604.00 51,717.00 20,639.00 -197,161.00 159,429.00 128,795.00 95,974.00 -22,598.00 131,787.00 87,801.00 41,588.00 -89,009.00 137,040.00 94,789.00 45,634.00 -48,742.00 105,355.00 64,181.00 27,831.00
Income Tax 2,111.00 1,240.00 1,120.00 -836.00 2,290.00 1,427.00 886.00 -4,394.00 2,855.00 1,933.00 1,196.00 -1,389.00 3,652.00 1,578.00 848.00 -692.00 1,315.00 871.00 196.00
Equity Method Investments Income -9,221.00 -9,684.00 -5,739.00 2,425.00 -10,791.00 -6,079.00 -1,630.00 -3,133.00 5,469.00 3,539.00 1,678.00 -2,795.00 5,590.00 3,456.00 1,494.00 -1,013.00 3,615.00 1,933.00 759.00
Net Income Including Non-Controlling Interests 22,291.00 14,453.00 6,469.00 -40,451.00 32,441.00 24,810.00 22,966.00 -18,474.00 46,352.00 30,946.00 17,526.00 -848.00 11,566.00 7,321.00 5,670.00 -41,792.00 55,520.00 35,802.00 14,041.00
Net Income Non-Controlling Interests 28,601.00 18,012.00 6,525.00 -77,937.00 62,349.00 51,279.00 36,061.00 135.00 41,290.00 27,461.00 11,433.00 -43,386.00 60,911.00 42,945.00 19,558.00 -3,129.00 24,260.00 13,754.00 6,797.00
Net Income 50,892.00 32,465.00 12,994.00 -118,388.00 94,790.00 76,089.00 59,027.00 -18,339.00 87,642.00 58,407.00 28,959.00 -44,234.00 72,477.00 50,266.00 25,228.00 -44,921.00 79,780.00 49,556.00 20,838.00
EBIT 367,223.00 242,585.00 115,234.00 -283,383.00 274,349.00 204,140.00 146,191.00 -113,569.00 283,740.00 186,272.00 89,947.00 -186,595.00 244,247.00 162,710.00 78,691.00 -100,685.00 188,870.00 119,132.00 55,028.00
Deprecation and Amortization 134,700.00 90,200.00 45,200.00 -91,100.00 136,200.00 90,800.00 45,400.00 -105,400.00 158,300.00 105,200.00 52,100.00 -89,600.00 144,300.00 94,500.00 46,700.00 -49,400.00 94,200.00 60,900.00 29,400.00
EBITDA 501,923.00 332,785.00 160,434.00 -374,483.00 410,549.00 294,940.00 191,591.00 -218,969.00 442,040.00 291,472.00 142,047.00 -276,195.00 388,547.00 257,210.00 125,391.00 -150,085.00 283,070.00 180,032.00 84,428.00
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 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 76,532.00 76,423.00 76,372.00 72,395.00 77,047.00 77,698.00 80,236.00 80,720.00 88,263.00 88,902.00 89,499.00 90,754.00 91,446.00 91,433.00 91,323.00 100,412.00 78,307.00 74,267.00 71,794.00
Average Shares Outstanding Diluted 76,532.00 76,423.00 76,372.00 14,483.00 77,047.00 77,698.00 138,148.00 198,958.00 147,610.00 88,902.00 148,622.00 90,754.00 91,446.00 91,433.00 91,323.00 157,586.00 130,983.00 126,396.00 123,187.00
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 265,690.00 165,502.00 85,626.00 -191,077.00 282,924.00 177,217.00 94,001.00 -233,944.00 347,582.00 218,185.00 109,753.00 -243,205.00 349,943.00 227,043.00 110,066.00 -115,631.00 238,651.00 144,259.00 64,070.00
   Operating Net Income 79,493.00 50,477.00 19,519.00 -196,325.00 157,139.00 127,368.00 95,088.00 -18,204.00 128,932.00 85,868.00 40,392.00 -87,620.00 133,388.00 93,211.00 44,786.00 -48,050.00 104,040.00 63,310.00 27,635.00
   Deprecation and Amortization 134,700.00 90,200.00 45,200.00 -91,100.00 136,200.00 90,800.00 45,400.00 -105,400.00 158,300.00 105,200.00 52,100.00 -89,600.00 144,300.00 94,500.00 46,700.00 -49,400.00 94,200.00 60,900.00 29,400.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 9,329.00 6,217.00 3,079.00 -3,828.00 6,097.00 4,186.00 1,855.00 -3,324.00 5,028.00 3,326.00 1,649.00 -3,080.00 4,670.00 3,124.00 1,544.00 -2,546.00 4,088.00 2,634.00 1,286.00
   Change in Working Capital 2,473.00 -8,101.00 -14,878.00 10,956.00 12,017.00 -3,683.00 -23,683.00 -15,701.00 32,115.00 8,708.00 -10,773.00 -19,724.00 35,063.00 7,415.00 3,283.00 498.00 10,866.00 2,241.00 -3,723.00
   Other Operating Activities 39,695.00 26,709.00 32,706.00 89,220.00 -28,529.00 -41,454.00 -24,659.00 -91,315.00 23,207.00 15,083.00 26,385.00 -43,181.00 32,522.00 28,793.00 13,753.00 -16,133.00 25,457.00 15,174.00 9,472.00
Investing Cash Flow 10,834.00 25,549.00 -9,673.00 -1,157,543.00 470,905.00 544,654.00 567,399.00 326,835.00 -75,936.00 -53,622.00 -36,172.00 317,295.00 -573,019.00 -244,926.00 -83,515.00 -464,729.00 -985,785.00 -398,136.00 -149,400.00
   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 461.00 310.00 89.00 -367.00 34,434.00 367.00 230.00 -34,949.00 17,987.00 17,602.00 17,602.00 -744.00 754.00 548.00 370.00 2,708.00 426.00 147.00 10.00
   Net Purchase/Sale of Investments Net 0 0 0 0.00 -908.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 12,849.00 4,503.00 0 -71,923.00 74,215.00 36,149.00 35,774.00 53,500.00 0 0 0 -51,735.00 55,044.00 53,335.00 0 4,400.00 0 0 0
   Other Investing Activities -2,476.00 20,736.00 -9,762.00 -1,085,253.00 363,164.00 508,138.00 531,395.00 308,284.00 -93,923.00 -71,224.00 -53,774.00 369,774.00 -628,817.00 -298,809.00 -83,885.00 -471,837.00 -986,211.00 -398,283.00 -149,410.00
Financing Cash Flow -299,411.00 -213,859.00 -106,531.00 1,340,215.00 -763,097.00 -742,525.00 -660,013.00 -80,604.00 -253,198.00 -159,441.00 -63,944.00 -78,318.00 232,615.00 25,624.00 -25,279.00 529,249.00 799,036.00 258,151.00 86,439.00
   Net Issuance/Repayment of Debt 1,019,126.00 673,476.00 291,033.00 -1,923,112.00 2,427,683.00 1,131,964.00 1,113,001.00 120,518.00 1,301,787.00 808,496.00 298,644.00 -1,837,131.00 2,255,255.00 1,525,163.00 589,085.00 721,424.00 1,653,608.00 951,073.00 344,564.00
   Net Issuance/Repurchase of Equity 0 0 0 -478,723.00 275,195.00 275,195.00 203,528.00 -111,218.00 282,748.00 69,311.00 69,311.00 40,016.00 50,093.00 0 0 -236,018.00 763,404.00 226,082.00 147,512.00
   Dividends Paid 146,362.00 97,440.00 48,688.00 -96,218.00 143,670.00 95,950.00 48,861.00 -109,668.00 159,605.00 107,570.00 52,419.00 -98,894.00 156,192.00 102,837.00 48,989.00 -45,158.00 100,712.00 60,969.00 28,289.00
   Other Financing Activities -1,464,899.00 -984,775.00 -446,252.00 3,838,268.00 -3,609,645.00 -2,245,634.00 -2,025,403.00 19,764.00 -1,997,338.00 -1,144,818.00 -484,318.00 1,817,691.00 -2,228,925.00 -1,602,376.00 -663,353.00 89,001.00 -1,718,688.00 -979,973.00 -433,926.00
Net Change in Cash -22,887.00 -22,808.00 -30,578.00 -8,405.00 -9,268.00 -20,654.00 1,387.00 12,287.00 18,448.00 5,122.00 9,637.00 -4,228.00 9,539.00 7,741.00 1,272.00 -51,111.00 51,902.00 4,274.00 1,109.00
   Cash at Beginning of Period 50,753.00 50,753.00 50,753.00 59,158.00 87,693.00 87,693.00 87,693.00 75,406.00 42,199.00 42,199.00 42,199.00 46,427.00 27,875.00 27,875.00 27,875.00 78,986.00 21,701.00 21,701.00 21,701.00
   Cash at End of Period 27,866.00 27,945.00 20,175.00 50,753.00 78,425.00 67,039.00 89,080.00 87,693.00 60,647.00 47,321.00 51,836.00 42,199.00 37,414.00 35,616.00 29,147.00 27,875.00 73,603.00 25,975.00 22,810.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0