Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 7.20 16.03 7.09 7.62
Price to Sales 0.94 1.12 1.32 1.37
Book Value Per Common Share 69.85 65.10 69.66 67.65 56.06
Price to Book 2.26 2.41 2.51 2.23
Price to Operating Cash Flow 4.08 5.54 4.91 5.24
Price to Free Cash Flow
Enterprise Value to EBITDA 23088.38 30948.28 31085.69 34511.52
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 22.83 26.61 52.56 11.51 18.76 32.82 22.16 29.17 56.98 8.69 13.80 30.65 11.32 15.83 30.27
Price to Sales 1.64 2.13 4.43 1.38 2.15 4.49 1.41 2.42 5.04 1.79 2.69 6.37 1.90 2.83 5.46
Book Value Per Common Share 75.30 74.27 73.59 67.74 68.42 69.39 65.13 70.15 71.46 73.22 70.68 71.29 61.59 60.78 59.45
Price to Book 2.63 2.33 2.44 2.44 2.43 2.48 2.20 2.37 2.42 2.28 2.30 2.64 2.47 2.43 2.36
Price to Operating Cash Flow 8.56 9.00 16.24 6.46 12.17 20.88 6.28 8.89 12.83 5.63 8.17 14.86 7.33 10.66 13.56
Price to Free Cash Flow
Enterprise Value to EBITDA 48259.20 60810.25 124377.45 34950.88 54846.57 108338.81 38984.18 62313.01 130461.28 42882.86 67479.44 157370.12 38813.50 56443.48 109117.83

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 124.23 -60.37 24.58 9.69
Revenue YoY 9.61 -5.33 12.10 3.27
EBITDA YoY 23.59 -19.26 20.20 -19.66
Net Profit YoY 108.67 -64.37 16.36 2.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 33.23 90.62 62.37 68.57 13.31 88.45 62.80 91.87 43.68 101.29
Revenue YoY 48.66 99.51 53.54 98.83 45.33 98.65 51.69 102.89 51.53 101.59
EBITDA YoY 43.98 96.36 54.54 88.53 35.91 99.38 58.67 100.06 47.95 101.94
Net Profit YoY 34.15 89.81 63.82 67.43 12.08 86.49 60.26 90.42 42.28 99.60

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 4.67 4.33 6.14 5.49 4.34
Quick Ratio 1.26 1.11 1.29 1.28 1.24
Current Ratio 1.78 1.65 2.29 2.34 2.31
Debt to Equity 3.97 0.71 0.67 0.68 0.71
Long-Term Debt to Equity 3.59 0.64 0.61 0.62 0.65
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 7.97 7.97 8.48 5.71 4.65 7.26 4.72 10.15 12.17 9.60 7.72 8.83 5.44 8.32 8.91
Quick Ratio 1.54 1.42 1.49 1.33 1.36 1.45 1.16 1.44 1.56 1.42 1.58 1.76 1.51 1.80 1.67
Current Ratio 1.73 1.58 1.63 1.58 1.67 1.69 1.48 1.74 1.84 1.74 1.84 1.91 1.74 2.04 1.79
Debt to Equity 3.88 3.96 3.99 0.71 0.71 0.71 0.71 0.69 0.68 0.66 0.67 0.67 0.70 0.70 0.70
Long-Term Debt to Equity 3.54 3.59 3.63 0.65 0.65 0.64 0.65 0.63 0.62 0.60 0.62 0.62 0.65 0.66 0.65

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 5.86 1.38 3.70 3.04 2.92
ROE 29.14 2.37 6.18 5.10 4.98
Gross Margin 99.28 56.36 61.53 59.93 61.78
Operating Margin 25.95 17.19 29.82 29.60 31.99
EBITDA Margin 40.89 36.27 42.52 39.66 50.98
Net Profit Margin 13.35 7.01 18.64 17.95 18.03
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 2.28 1.68 0.88 1.98 1.20 0.71 0.93 0.81 0.43 2.81 1.79 0.93 2.07 1.46 0.73
ROE 11.10 8.35 4.39 3.39 2.05 1.21 1.59 1.37 0.72 4.65 2.99 1.55 3.53 2.47 1.23
Gross Margin 9.40 10.72 11.35 57.58 56.91 57.32 55.55 56.95 57.20 59.65 59.61 59.51 59.10 59.40 59.66
Operating Margin 17.81 18.77 19.04 24.54 23.70 26.64 16.15 18.34 18.85 32.34 30.41 30.83 28.71 29.91 29.71
EBITDA Margin 33.99 35.09 35.66 39.54 39.29 41.43 36.29 38.81 38.66 41.76 39.92 40.48 48.93 50.12 50.03
Net Profit Margin 7.51 8.33 8.75 12.24 11.48 13.63 6.39 8.29 8.83 20.62 19.51 20.79 16.77 17.86 18.04

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 12,327,000.00 25,028,000.00 26,266,800.00 27,458,203.00 27,760,500.00
   Current Assets 1,702,000.00 1,880,000.00 2,384,500.00 2,319,915.00 2,091,781.00
      Cash and Short-Term Investments 151,000.00 153,000.00 241,700.00 231,320.00 194,975.00
            Cash and Cash Equivalents 151,000.00 153,000.00 241,700.00 231,320.00 194,975.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,054,000.00 1,112,000.00 1,105,400.00 1,042,165.00 924,601.00
      Inventory 0 0 0 0 0
      Other Current Assets 497,000.00 615,000.00 1,037,400.00 1,046,430.00 972,205.00
   Non-Current Assets 10,625,000.00 23,148,000.00 23,882,300.00 25,138,288.00 25,668,719.00
      Property, Plant, Equipment Net 1,545,000.00 1,628,000.00 1,620,300.00 1,870,476.00 1,965,790.00
      Goodwill 6,502,000.00 6,638,000.00 6,203,400.00 6,495,119.00 7,502,272.00
      Intangible Assets 3,772,000.00 4,338,000.00 4,970,200.00 5,547,852.00 6,004,187.00
      Long-Term Investments 877,000.00 958,000.00 1,119,000.00 1,218,791.00 1,333,778.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -2,071,000.00 9,586,000.00 9,969,400.00 10,006,050.00 8,862,692.00
Liabilities 9,849,000.00 10,421,000.00 10,563,900.00 11,102,248.00 11,480,084.00
   Current Liabilities 954,000.00 1,141,000.00 1,040,300.00 991,562.00 906,225.00
      Payables and Expenses 447,000.00 585,000.00 517,200.00 564,129.00 525,610.00
            Account Payables 133,000.00 235,000.00 197,700.00 248,183.00 218,418.00
            Current Accrued Liabilities 314,000.00 350,000.00 319,500.00 315,946.00 307,192.00
      Short-Term Debt 127,000.00 173,000.00 176,900.00 93,013.00 21,429.00
      Other Current Liabilities 380,000.00 383,000.00 346,200.00 334,420.00 359,186.00
   Non-Current Liabilities 8,895,000.00 9,280,000.00 9,523,600.00 10,110,686.00 10,573,859.00
      Long-Term Debt 6,747,000.00 7,063,000.00 7,180,000.00 7,723,445.00 7,973,574.00
      Other Non-Current Liabilities 2,148,000.00 2,217,000.00 2,343,600.00 2,387,241.00 2,600,285.00
Equity 2,478,000.00 14,607,000.00 15,702,900.00 16,355,955.00 16,280,416.00
   Shareholders Equity 2,257,000.00 2,299,000.00 2,741,000.00 2,850,339.00 2,518,392.00
      Capital Stock 0 0 500.00 473.00 473.00
      Share Premium 1,304,000.00 1,283,000.00 1,287,500.00 1,311,054.00 1,362,510.00
      Retained Earnings 3,671,000.00 3,188,000.00 3,033,100.00 2,204,152.00 1,488,031.00
      Treasury Shares 2,717,000.00 2,173,000.00 1,607,000.00 806,990.00 367,132.00
      Accumulated Other Comprehensive Income -1,000.00 1,000.00 26,900.00 141,650.00 34,510.00
   Minority Interest -15,000.00 14,000.00 28,300.00 7,088.00 18,484.00
Investments 877,000.00 958,000.00 1,119,000.00 1,218,791.00 1,333,778.00
Debt 6,874,000.00 7,236,000.00 7,356,900.00 7,816,458.00 7,995,003.00
Net Debt 6,723,000.00 7,083,000.00 7,115,200.00 7,585,138.00 7,800,028.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 5,407,000.00 4,933,000.00 5,211,000.00 4,648,371.00 4,501,269.00
Cost Of Revenue 39,000.00 2,153,000.00 2,004,800.00 1,862,399.00 1,720,520.00
Gross Profit 5,368,000.00 2,780,000.00 3,206,200.00 2,785,972.00 2,780,749.00
Operating Expenses 3,636,000.00 234,000.00 -809,600.00 807,648.00 -665,020.00
   Selling, General and Administrative Expenses 1,863,000.00 1,096,000.00 1,101,900.00 1,024,247.00 912,057.00
   Other Operating Expenses 1,773,000.00 -862,000.00 -1,911,500.00 -216,599.00 -1,577,077.00
Operating Income 1,732,000.00 2,546,000.00 4,015,800.00 1,978,324.00 3,445,769.00
Net Non-Operating Income -773,000.00 -2,145,000.00 -2,798,700.00 -885,010.00 -2,341,201.00
Interest Expense 444,000.00 447,000.00 336,600.00 282,651.00 335,303.00
Net Interest -444,000.00 -447,000.00 -336,600.00 -282,651.00 -335,303.00
EBT 959,000.00 401,000.00 1,217,100.00 1,093,314.00 1,104,568.00
Income Tax 276,000.00 131,000.00 273,600.00 262,878.00 296,508.00
Equity Method Investments Income 70,000.00 104,000.00 153,400.00 124,580.00 70,154.00
Net Income Including Non-Controlling Interests 761,000.00 422,000.00 998,700.00 838,700.00 814,822.00
Net Income Non-Controlling Interests -39,000.00 -76,000.00 -27,600.00 -4,132.00 -3,381.00
Net Income 722,000.00 346,000.00 971,100.00 834,568.00 811,441.00
EBIT 1,403,000.00 848,000.00 1,553,700.00 1,375,965.00 1,439,871.00
Deprecation and Amortization 808,000.00 941,000.00 662,100.00 467,477.00 854,796.00
EBITDA 2,211,000.00 1,789,000.00 2,215,800.00 1,843,442.00 2,294,667.00
EPS 0.02 0.01 0.02 0.02 0.02
Diluted EPS 0.02 0.01 0.02 0.02 0.02
Average Shares Outstanding Basic 32,311.00 35,317.00 39,349.00 42,133.00 44,921.00
Average Shares Outstanding Diluted 32,796.00 35,834.00 40,187.00 43,982.00 46,720.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,250,000.00 999,000.00 1,403,000.00 1,214,843.00 1,254,170.00
   Operating Net Income 1,148,000.00 1,105,000.00 2,611,300.00 2,471,092.00 2,320,136.00
   Deprecation and Amortization 808,000.00 941,000.00 662,100.00 467,477.00 854,796.00
   Deferred Income Tax -33,000.00 -76,000.00 -101,700.00 5,511.00 -41,706.00
   Share Based Compensation 78,000.00 60,000.00 61,600.00 93,403.00 48,274.00
   Change in Working Capital -132,000.00 168,000.00 13,300.00 15,826.00 150,189.00
   Other Operating Activities -619,000.00 -1,199,000.00 -1,843,600.00 -1,838,466.00 -2,077,519.00
Investing Cash Flow -102,000.00 -173,000.00 125,200.00 -232,100.00 -39,750.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 169,000.00 157,000.00 399,100.00 168,344.00 219,682.00
   Net Purchase/Sale of Investments Net -38,000.00 4,000.00 1,000.00 0 7,000.00
   Net Purchase/Sale of Business 0 38,000.00 28,900.00 140,888.00 749,184.00
   Other Investing Activities -233,000.00 -372,000.00 -303,800.00 -541,332.00 -1,015,616.00
Financing Cash Flow -1,151,000.00 -899,000.00 -1,515,000.00 -945,558.00 -1,293,789.00
   Net Issuance/Repayment of Debt 437,000.00 165,000.00 5,440,400.00 912,187.00 3,511,146.00
   Net Issuance/Repurchase of Equity 611,000.00 605,000.00 880,700.00 545,042.00 286,721.00
   Dividends Paid 219,000.00 191,000.00 142,200.00 118,209.00 101,038.00
   Other Financing Activities -2,418,000.00 -1,860,000.00 -7,978,300.00 -2,520,996.00 -5,192,694.00
Net Change in Cash -3,000.00 -73,000.00 13,200.00 37,185.00 -79,369.00
   Cash at Beginning of Period 147,000.00 220,000.00 206,500.00 169,309.00 248,678.00
   Cash at End of Period 144,000.00 147,000.00 219,700.00 206,494.00 169,309.00
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 12,088,000.00 12,179,000.00 12,269,000.00 12,327,000.00 24,252,000.00 24,511,000.00 24,763,000.00 25,028,000.00 24,973,000.00 25,511,000.00 25,823,000.00 26,266,800.00 27,343,300.00 26,749,200.00 27,110,900.00 27,458,203.00 27,522,872.00 27,543,095.00 27,650,564.00 27,760,500.00
   Current Assets 1,431,000.00 1,431,000.00 1,443,000.00 1,702,000.00 1,463,000.00 1,513,000.00 1,530,000.00 1,880,000.00 1,368,000.00 1,607,000.00 1,738,000.00 2,384,500.00 1,712,600.00 1,502,300.00 1,533,900.00 2,319,915.00 1,354,446.00 1,447,850.00 1,422,081.00 2,091,781.00
      Cash and Short-Term Investments 242,000.00 242,000.00 259,000.00 151,000.00 187,000.00 154,000.00 243,000.00 153,000.00 169,000.00 368,000.00 447,000.00 241,700.00 383,600.00 313,400.00 361,300.00 231,320.00 231,339.00 357,419.00 385,914.00 194,975.00
            Cash and Cash Equivalents 242,000.00 242,000.00 259,000.00 151,000.00 187,000.00 154,000.00 243,000.00 153,000.00 169,000.00 368,000.00 447,000.00 241,700.00 383,600.00 313,400.00 361,300.00 231,320.00 231,339.00 357,419.00 385,914.00 194,975.00
            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 1,036,000.00 1,046,000.00 1,056,000.00 1,054,000.00 1,043,000.00 1,075,000.00 1,074,000.00 1,112,000.00 906,000.00 961,000.00 1,027,000.00 1,105,400.00 1,015,800.00 980,400.00 1,050,200.00 1,042,165.00 944,742.00 923,513.00 942,847.00 924,601.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 153,000.00 143,000.00 128,000.00 497,000.00 233,000.00 284,000.00 213,000.00 615,000.00 293,000.00 278,000.00 264,000.00 1,037,400.00 313,200.00 208,500.00 122,400.00 1,046,430.00 178,365.00 166,918.00 93,320.00 972,205.00
   Non-Current Assets 10,657,000.00 10,748,000.00 10,826,000.00 10,625,000.00 22,789,000.00 22,998,000.00 23,233,000.00 23,148,000.00 23,605,000.00 23,904,000.00 24,085,000.00 23,882,300.00 25,630,700.00 25,246,900.00 25,577,000.00 25,138,288.00 26,168,426.00 26,095,245.00 26,228,483.00 25,668,719.00
      Property, Plant, Equipment Net 1,501,000.00 1,507,000.00 1,537,000.00 1,545,000.00 1,575,000.00 1,607,000.00 1,633,000.00 1,628,000.00 1,626,000.00 1,616,000.00 1,600,000.00 1,620,300.00 1,841,000.00 1,842,700.00 1,864,200.00 1,870,476.00 1,959,022.00 1,966,805.00 1,965,303.00 1,965,790.00
      Goodwill 6,061,000.00 6,061,000.00 6,061,000.00 6,502,000.00 6,105,000.00 6,105,000.00 6,105,000.00 6,638,000.00 6,143,000.00 6,135,000.00 6,135,000.00 6,203,400.00 6,315,900.00 6,315,900.00 6,315,900.00 6,495,119.00 6,396,571.00 6,185,243.00 6,180,867.00 7,502,272.00
      Intangible Assets 3,388,000.00 3,536,000.00 3,631,000.00 3,772,000.00 3,906,000.00 4,049,000.00 4,190,000.00 4,338,000.00 4,518,000.00 4,671,000.00 4,820,000.00 4,970,200.00 5,126,100.00 5,243,900.00 5,396,600.00 5,547,852.00 5,699,190.00 5,711,972.00 5,857,156.00 6,004,187.00
      Long-Term Investments 774,000.00 776,000.00 775,000.00 877,000.00 869,000.00 856,000.00 859,000.00 958,000.00 946,000.00 927,000.00 919,000.00 1,119,000.00 1,088,700.00 1,063,700.00 1,060,800.00 1,218,791.00 1,188,759.00 1,191,763.00 1,185,541.00 1,333,778.00
      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 -1,067,000.00 -1,132,000.00 -1,178,000.00 -2,071,000.00 10,334,000.00 10,381,000.00 10,446,000.00 9,586,000.00 10,372,000.00 10,555,000.00 10,611,000.00 9,969,400.00 11,259,000.00 10,780,700.00 10,939,500.00 10,006,050.00 10,924,884.00 11,039,462.00 11,039,616.00 8,862,692.00
Liabilities 9,610,000.00 9,723,000.00 9,808,000.00 9,849,000.00 10,093,000.00 10,189,000.00 10,250,000.00 10,421,000.00 10,357,000.00 10,400,000.00 10,474,000.00 10,563,900.00 10,821,300.00 10,729,800.00 10,857,400.00 11,102,248.00 11,341,872.00 11,339,591.00 11,380,565.00 11,480,084.00
   Current Liabilities 828,000.00 908,000.00 884,000.00 954,000.00 925,000.00 907,000.00 908,000.00 1,141,000.00 927,000.00 921,000.00 943,000.00 1,040,300.00 983,000.00 818,300.00 803,600.00 991,562.00 780,209.00 711,140.00 793,510.00 906,225.00
      Payables and Expenses 453,000.00 522,000.00 413,000.00 447,000.00 465,000.00 481,000.00 430,000.00 585,000.00 464,000.00 460,000.00 512,000.00 517,200.00 510,600.00 475,100.00 498,800.00 564,129.00 498,463.00 460,097.00 542,615.00 525,610.00
            Account Payables 100,000.00 190,000.00 113,000.00 133,000.00 132,000.00 133,000.00 115,000.00 235,000.00 142,000.00 127,000.00 207,000.00 197,700.00 166,100.00 170,900.00 220,700.00 248,183.00 186,633.00 140,684.00 217,865.00 218,418.00
            Current Accrued Liabilities 353,000.00 332,000.00 300,000.00 314,000.00 333,000.00 348,000.00 315,000.00 350,000.00 322,000.00 333,000.00 305,000.00 319,500.00 344,500.00 304,200.00 278,100.00 315,946.00 311,830.00 319,413.00 324,750.00 307,192.00
      Short-Term Debt 155,000.00 111,000.00 168,000.00 127,000.00 127,000.00 169,000.00 170,000.00 173,000.00 175,000.00 176,000.00 177,000.00 176,900.00 173,800.00 170,800.00 102,000.00 93,013.00 86,307.00 35,760.00 24,804.00 21,429.00
      Other Current Liabilities 220,000.00 275,000.00 303,000.00 380,000.00 333,000.00 257,000.00 308,000.00 383,000.00 288,000.00 285,000.00 254,000.00 346,200.00 298,600.00 172,400.00 202,800.00 334,420.00 195,439.00 215,283.00 226,091.00 359,186.00
   Non-Current Liabilities 8,782,000.00 8,815,000.00 8,924,000.00 8,895,000.00 9,168,000.00 9,282,000.00 9,342,000.00 9,280,000.00 9,430,000.00 9,479,000.00 9,531,000.00 9,523,600.00 9,838,300.00 9,911,500.00 10,053,800.00 10,110,686.00 10,561,663.00 10,628,451.00 10,587,055.00 10,573,859.00
      Long-Term Debt 6,594,000.00 6,621,000.00 6,718,000.00 6,747,000.00 6,924,000.00 7,006,000.00 7,036,000.00 7,063,000.00 7,093,000.00 7,123,000.00 7,151,000.00 7,180,000.00 7,406,400.00 7,463,800.00 7,559,800.00 7,723,445.00 7,861,809.00 7,940,677.00 7,894,303.00 7,973,574.00
      Other Non-Current Liabilities 2,188,000.00 2,194,000.00 2,206,000.00 2,148,000.00 2,244,000.00 2,276,000.00 2,306,000.00 2,217,000.00 2,337,000.00 2,356,000.00 2,380,000.00 2,343,600.00 2,431,900.00 2,447,700.00 2,494,000.00 2,387,241.00 2,699,854.00 2,687,774.00 2,692,752.00 2,600,285.00
Equity 2,478,000.00 2,456,000.00 2,461,000.00 2,478,000.00 14,159,000.00 14,322,000.00 14,513,000.00 14,607,000.00 14,616,000.00 15,111,000.00 15,349,000.00 15,702,900.00 16,522,000.00 16,019,400.00 16,253,500.00 16,355,955.00 16,181,000.00 16,203,504.00 16,269,999.00 16,280,416.00
   Shareholders Equity 2,286,000.00 2,256,000.00 2,247,000.00 2,257,000.00 2,219,000.00 2,267,000.00 2,321,000.00 2,299,000.00 2,332,000.00 2,543,000.00 2,624,000.00 2,741,000.00 2,926,100.00 2,869,700.00 2,915,700.00 2,850,339.00 2,618,741.00 2,610,170.00 2,574,202.00 2,518,392.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 500.00 500.00 500.00 500.00 473.00 473.00 473.00 473.00 473.00
      Share Premium 1,312,000.00 1,293,000.00 1,304,000.00 1,304,000.00 1,292,000.00 1,281,000.00 1,290,000.00 1,283,000.00 1,269,000.00 1,263,000.00 1,275,000.00 1,287,500.00 1,270,700.00 1,257,900.00 1,268,800.00 1,311,054.00 1,335,370.00 1,327,205.00 1,334,415.00 1,362,510.00
      Retained Earnings 3,765,000.00 3,755,000.00 3,718,000.00 3,671,000.00 3,485,000.00 3,369,000.00 3,306,000.00 3,188,000.00 3,120,000.00 3,142,000.00 3,094,000.00 3,033,100.00 2,863,700.00 2,609,900.00 2,418,700.00 2,204,152.00 1,964,018.00 1,823,706.00 1,658,573.00 1,488,031.00
      Treasury Shares 2,790,000.00 2,791,000.00 2,774,000.00 2,717,000.00 2,559,000.00 2,384,000.00 2,276,000.00 2,173,000.00 2,084,000.00 1,889,000.00 1,772,000.00 1,607,000.00 1,350,100.00 1,139,900.00 913,600.00 806,990.00 715,630.00 575,724.00 453,769.00 367,132.00
      Accumulated Other Comprehensive Income -1,000.00 -1,000.00 -1,000.00 -1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 27,000.00 27,000.00 27,000.00 26,900.00 141,300.00 141,300.00 141,300.00 141,650.00 34,510.00 34,510.00 34,510.00 34,510.00
   Minority Interest -19,000.00 -18,000.00 -16,000.00 -15,000.00 -15,000.00 13,000.00 25,000.00 14,000.00 14,000.00 20,000.00 29,000.00 28,300.00 22,300.00 -600.00 6,000.00 7,088.00 14,683.00 15,090.00 16,806.00 18,484.00
Investments 774,000.00 776,000.00 775,000.00 877,000.00 869,000.00 856,000.00 859,000.00 958,000.00 946,000.00 927,000.00 919,000.00 1,119,000.00 1,088,700.00 1,063,700.00 1,060,800.00 1,218,791.00 1,188,759.00 1,191,763.00 1,185,541.00 1,333,778.00
Debt 6,749,000.00 6,732,000.00 6,886,000.00 6,874,000.00 7,051,000.00 7,175,000.00 7,206,000.00 7,236,000.00 7,268,000.00 7,299,000.00 7,328,000.00 7,356,900.00 7,580,200.00 7,634,600.00 7,661,800.00 7,816,458.00 7,948,116.00 7,976,437.00 7,919,107.00 7,995,003.00
Net Debt 6,507,000.00 6,490,000.00 6,627,000.00 6,723,000.00 6,864,000.00 7,021,000.00 6,963,000.00 7,083,000.00 7,099,000.00 6,931,000.00 6,881,000.00 7,115,200.00 7,196,600.00 7,321,200.00 7,300,500.00 7,585,138.00 7,716,777.00 7,619,018.00 7,533,193.00 7,800,028.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 3,660,000.00 2,462,000.00 1,234,000.00 -2,350,000.00 3,920,000.00 2,553,000.00 1,284,000.00 -2,450,000.00 3,629,000.00 2,497,000.00 1,257,000.00 -2,178,600.00 3,724,300.00 2,455,200.00 1,210,100.00 -2,113,614.00 3,402,533.00 2,245,521.00 1,113,931.00
Cost Of Revenue 3,316,000.00 2,198,000.00 1,094,000.00 -3,272,000.00 1,663,000.00 1,100,000.00 548,000.00 -1,073,000.00 1,613,000.00 1,075,000.00 538,000.00 -979,500.00 1,502,700.00 991,600.00 490,000.00 -890,483.00 1,391,773.00 911,717.00 449,392.00
Gross Profit 344,000.00 264,000.00 140,000.00 922,000.00 2,257,000.00 1,453,000.00 736,000.00 -1,377,000.00 2,016,000.00 1,422,000.00 719,000.00 -1,199,100.00 2,221,600.00 1,463,600.00 720,100.00 -1,223,131.00 2,010,760.00 1,333,804.00 664,539.00
Operating Expenses -506,000.00 -338,000.00 -158,000.00 3,883,000.00 -152,000.00 -45,000.00 -50,000.00 -138,000.00 231,000.00 98,000.00 43,000.00 -800,000.00 -674,700.00 451,800.00 213,300.00 1,443,264.00 -286,435.00 -230,825.00 -118,356.00
   Selling, General and Administrative Expenses 1,333,000.00 879,000.00 438,000.00 235,000.00 818,000.00 539,000.00 271,000.00 -506,000.00 808,000.00 528,000.00 266,000.00 -435,500.00 775,200.00 514,400.00 247,800.00 -449,278.00 744,141.00 485,947.00 243,437.00
   Other Operating Expenses -1,839,000.00 -1,217,000.00 -596,000.00 3,648,000.00 -970,000.00 -584,000.00 -321,000.00 368,000.00 -577,000.00 -430,000.00 -223,000.00 -364,500.00 -1,449,900.00 -62,600.00 -34,500.00 1,892,542.00 -1,030,576.00 -716,772.00 -361,793.00
Operating Income 850,000.00 602,000.00 298,000.00 -2,961,000.00 2,409,000.00 1,498,000.00 786,000.00 -1,239,000.00 1,785,000.00 1,324,000.00 676,000.00 -399,100.00 2,896,300.00 1,011,800.00 506,800.00 -2,666,395.00 2,297,195.00 1,564,629.00 782,895.00
Net Non-Operating Income -486,000.00 -334,000.00 -160,000.00 2,692,000.00 -1,787,000.00 -1,120,000.00 -558,000.00 1,016,000.00 -1,531,000.00 -1,084,000.00 -546,000.00 -261,100.00 -1,924,900.00 -409,800.00 -202,900.00 2,206,908.00 -1,532,749.00 -1,035,193.00 -523,976.00
Interest Expense 288,000.00 194,000.00 97,000.00 -237,000.00 340,000.00 227,000.00 114,000.00 -210,000.00 332,000.00 218,000.00 107,000.00 -110,400.00 233,200.00 144,600.00 69,200.00 -144,140.00 212,557.00 142,180.00 72,054.00
Net Interest 0 -194,000.00 -97,000.00 237,000.00 -340,000.00 -227,000.00 -114,000.00 210,000.00 -332,000.00 -218,000.00 -107,000.00 110,400.00 -233,200.00 -144,600.00 -69,200.00 144,140.00 -212,557.00 -142,180.00 -72,054.00
EBT 364,000.00 268,000.00 138,000.00 -269,000.00 622,000.00 378,000.00 228,000.00 -223,000.00 254,000.00 240,000.00 130,000.00 -660,200.00 971,400.00 602,000.00 303,900.00 -459,487.00 764,446.00 529,436.00 258,919.00
Income Tax 111,000.00 80,000.00 41,000.00 -59,000.00 169,000.00 105,000.00 61,000.00 -71,000.00 83,000.00 77,000.00 42,000.00 -109,000.00 206,000.00 124,100.00 52,500.00 -123,674.00 196,338.00 130,485.00 59,729.00
Equity Method Investments Income 24,000.00 19,000.00 8,000.00 -36,000.00 52,000.00 35,000.00 19,000.00 -60,000.00 82,000.00 57,000.00 25,000.00 -68,100.00 110,200.00 73,600.00 37,700.00 -39,859.00 77,707.00 56,924.00 29,808.00
Net Income Including Non-Controlling Interests 297,000.00 222,000.00 119,000.00 -188,000.00 453,000.00 313,000.00 183,000.00 -256,000.00 293,000.00 251,000.00 134,000.00 -503,600.00 770,200.00 480,300.00 251,800.00 -340,037.00 573,042.00 403,071.00 202,624.00
Net Income Non-Controlling Interests -22,000.00 -17,000.00 -11,000.00 -38,000.00 27,000.00 -20,000.00 -8,000.00 52,000.00 -61,000.00 -44,000.00 -23,000.00 -23,800.00 -2,400.00 -1,200.00 -200.00 2,112.00 -2,467.00 -2,060.00 -1,717.00
Net Income 275,000.00 205,000.00 108,000.00 -226,000.00 480,000.00 293,000.00 175,000.00 -204,000.00 232,000.00 207,000.00 111,000.00 -527,400.00 767,800.00 479,100.00 251,600.00 -337,925.00 570,575.00 401,011.00 200,907.00
EBIT 652,000.00 462,000.00 235,000.00 -506,000.00 962,000.00 605,000.00 342,000.00 -433,000.00 586,000.00 458,000.00 237,000.00 -770,600.00 1,204,600.00 746,600.00 373,100.00 -603,627.00 977,003.00 671,616.00 330,973.00
Deprecation and Amortization 592,000.00 402,000.00 205,000.00 -368,000.00 588,000.00 398,000.00 190,000.00 -550,000.00 731,000.00 511,000.00 249,000.00 -38,700.00 350,500.00 233,500.00 116,800.00 -900,485.00 687,910.00 453,742.00 226,310.00
EBITDA 1,244,000.00 864,000.00 440,000.00 -874,000.00 1,550,000.00 1,003,000.00 532,000.00 -983,000.00 1,317,000.00 969,000.00 486,000.00 -809,300.00 1,555,100.00 980,100.00 489,900.00 -1,504,112.00 1,664,913.00 1,125,358.00 557,283.00
EPS 0.01 0.01 0.00 -0.00 0.01 0.01 0.01 -0.00 0.01 0.01 0.00 -0.00 0.02 0.01 0.01 -0.00 0.01 0.01 0.00
Diluted EPS 0.01 0.01 0.00 0.00 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.00 0.02 0.01 0.01 0.00 0.01 0.01 0.00
Average Shares Outstanding Basic 30,357.00 30,375.00 30,532.00 29,903.00 32,759.00 33,133.00 33,449.00 32,494.00 35,806.00 36,250.00 36,718.00 35,932.00 39,964.00 40,600.00 40,900.00 39,767.00 42,520.00 42,948.00 43,297.00
Average Shares Outstanding Diluted 30,696.00 30,719.00 30,927.00 30,256.00 33,248.00 33,656.00 34,024.00 32,640.00 36,370.00 36,878.00 37,448.00 36,432.00 40,816.00 41,500.00 42,000.00 41,184.00 44,422.00 44,901.00 45,421.00
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 701,000.00 584,000.00 337,000.00 -317,000.00 839,000.00 452,000.00 276,000.00 -991,000.00 817,000.00 679,000.00 494,000.00 -1,109,900.00 1,185,000.00 809,000.00 518,900.00 -710,623.00 881,654.00 595,557.00 448,255.00
   Operating Net Income 499,000.00 361,000.00 178,000.00 -874,000.00 795,000.00 774,000.00 453,000.00 -609,000.00 776,000.00 624,000.00 314,000.00 -1,434,800.00 2,057,900.00 1,306,900.00 681,300.00 -1,101,838.00 1,737,867.00 1,221,143.00 613,920.00
   Deprecation and Amortization 592,000.00 402,000.00 205,000.00 -368,000.00 588,000.00 398,000.00 190,000.00 -550,000.00 731,000.00 511,000.00 249,000.00 -38,700.00 350,500.00 233,500.00 116,800.00 -900,485.00 687,910.00 453,742.00 226,310.00
   Deferred Income Tax 0 0 0 -33,000.00 0 0 0 -76,000.00 0 0 0 -101,700.00 0 0 0 5,511.00 0 0 0
   Share Based Compensation 58,000.00 39,000.00 18,000.00 -35,000.00 57,000.00 38,000.00 18,000.00 -25,000.00 44,000.00 27,000.00 14,000.00 -21,100.00 43,400.00 26,200.00 13,100.00 25,456.00 34,323.00 22,021.00 11,603.00
   Change in Working Capital -85,000.00 32,000.00 27,000.00 309,000.00 -160,000.00 -186,000.00 -95,000.00 577,000.00 -245,000.00 -174,000.00 10,000.00 182,600.00 -143,700.00 -123,400.00 97,800.00 -151,311.00 -4,475.00 -30,150.00 201,762.00
   Other Operating Activities -363,000.00 -250,000.00 -91,000.00 684,000.00 -441,000.00 -572,000.00 -290,000.00 -308,000.00 -489,000.00 -309,000.00 -93,000.00 303,800.00 -1,123,100.00 -634,200.00 -390,100.00 1,412,044.00 -1,573,971.00 -1,071,199.00 -605,340.00
Investing Cash Flow -118,000.00 -89,000.00 -61,000.00 9,000.00 -68,000.00 -39,000.00 -4,000.00 73,000.00 -137,000.00 -73,000.00 -36,000.00 173,300.00 -10,900.00 -14,800.00 -22,400.00 27,609.00 -193,792.00 -43,110.00 -22,807.00
   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 108,000.00 74,000.00 35,000.00 -90,000.00 123,000.00 92,000.00 44,000.00 -69,000.00 113,000.00 77,000.00 36,000.00 207,200.00 100,000.00 63,000.00 28,900.00 -66,379.00 121,568.00 81,052.00 32,103.00
   Net Purchase/Sale of Investments Net 2,000.00 3,000.00 4,000.00 86,000.00 -42,000.00 -42,000.00 -40,000.00 12,000.00 -4,000.00 -4,000.00 0 7,800.00 600.00 -900.00 -6,500.00 0 0 0 0
   Net Purchase/Sale of Business 22,000.00 22,000.00 22,000.00 0 0 0 0 0.00 38,000.00 0 0 0.00 28,900.00 0 0 -13,817.00 141,297.00 10,908.00 2,500.00
   Other Investing Activities -250,000.00 -188,000.00 -122,000.00 13,000.00 -149,000.00 -89,000.00 -8,000.00 130,000.00 -284,000.00 -146,000.00 -72,000.00 -41,700.00 -140,400.00 -76,900.00 -44,800.00 107,805.00 -456,657.00 -135,070.00 -57,410.00
Financing Cash Flow -491,000.00 -405,000.00 -167,000.00 182,000.00 -737,000.00 -414,000.00 -182,000.00 554,000.00 -736,000.00 -466,000.00 -251,000.00 573,300.00 -1,018,400.00 -708,700.00 -361,200.00 331,425.00 -646,732.00 -391,879.00 -238,372.00
   Net Issuance/Repayment of Debt 6,961,000.00 6,936,000.00 31,000.00 -130,000.00 256,000.00 171,000.00 140,000.00 -21,000.00 93,000.00 62,000.00 31,000.00 -5,083,000.00 5,210,700.00 5,153,200.00 159,500.00 -595,457.00 775,072.00 652,215.00 80,357.00
   Net Issuance/Repurchase of Equity 125,000.00 125,000.00 75,000.00 -169,000.00 423,000.00 246,000.00 111,000.00 -396,000.00 509,000.00 316,000.00 176,000.00 -317,200.00 621,300.00 412,500.00 164,100.00 -247,946.00 406,917.00 262,262.00 123,809.00
   Dividends Paid 169,000.00 113,000.00 57,000.00 -117,000.00 167,000.00 112,000.00 57,000.00 -102,000.00 145,000.00 98,000.00 50,000.00 -76,600.00 108,300.00 73,400.00 37,100.00 -61,898.00 89,497.00 60,245.00 30,365.00
   Other Financing Activities -7,746,000.00 -7,579,000.00 -330,000.00 598,000.00 -1,583,000.00 -943,000.00 -490,000.00 1,073,000.00 -1,483,000.00 -942,000.00 -508,000.00 6,050,100.00 -6,958,700.00 -6,347,800.00 -721,900.00 1,236,726.00 -1,918,218.00 -1,366,601.00 -472,903.00
Net Change in Cash 92,000.00 90,000.00 109,000.00 -126,000.00 34,000.00 -1,000.00 90,000.00 -364,000.00 -56,000.00 140,000.00 207,000.00 -363,300.00 155,700.00 85,500.00 135,300.00 -351,589.00 41,130.00 160,568.00 187,076.00
   Cash at Beginning of Period 144,000.00 144,000.00 144,000.00 270,000.00 147,000.00 147,000.00 147,000.00 511,000.00 220,000.00 220,000.00 220,000.00 583,000.00 206,500.00 206,500.00 206,500.00 558,083.00 169,309.00 169,309.00 169,309.00
   Cash at End of Period 236,000.00 234,000.00 253,000.00 144,000.00 181,000.00 146,000.00 237,000.00 147,000.00 164,000.00 360,000.00 427,000.00 219,700.00 362,200.00 292,000.00 341,800.00 206,494.00 210,439.00 329,877.00 356,385.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0