Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 3.81 -292.50 -17.81 2.57
Price to Sales 3.29 32.72 -31.45 2.14
Book Value Per Common Share 12.85 12.09 13.47 15.18
Price to Book 0.63 0.97 0.75 0.72
Price to Operating Cash Flow 3.28 1.92 46.24 -12.17
Price to Free Cash Flow 3.28 1.92 46.24 -12.17
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Price to Earnings -19.23 -11.72 -17.20 4.25 70.42 28.10 24.91
Price to Sales -27.23 -13.18 -20.10 4.07 43.40
Book Value Per Common Share 10.17 10.91 11.97 12.85 11.29 12.74 13.58
Price to Book 0.76 0.77 0.78 0.63 0.75 0.88 0.61
Price to Operating Cash Flow 17.09 7.35 43.82 -12.14 5.88
Price to Free Cash Flow 17.09 7.35 43.82 -12.14 5.88
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 586.18
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Earning YoY 1483.33 -70.00 21.21
Revenue YoY 918.83
EBITDA YoY
Net Profit YoY 1409.18 -6.27

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share
Quick Ratio
Current Ratio
Debt to Equity 1.49 1.90 1.89 1.79
Long-Term Debt to Equity
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Cash Per Common Share 1.19 0.97
Quick Ratio
Current Ratio
Debt to Equity 1.77 1.70 1.57 1.49 1.77 1.79 1.96
Long-Term Debt to Equity

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 6.64 -0.10 -1.46 9.99
ROE 16.51 -0.29 -4.20 27.91
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 86.52 -9.71 83.34
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
ROA -1.41 -2.44 -1.77 5.95 0.40 0.38 -1.78
ROE -3.91 -6.59 -4.54 14.79 1.12 1.06 -5.25
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 95.88 64.72

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00 0.00 0.00 0.00
Dividend Payout Ratio 64.06 -3861.08 -202.81 21.23
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Dividend Yield 0.00 0.00 0.00 0.00 0.00
Dividend Payout Ratio -85.51 -47.31 -62.51 17.88 269.85

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 428,123.00 469,818.00 520,717.00 569,048.00
      Cash and Short-Term Investments 0 0 0 0
            Cash and Cash Equivalents 6,068.00 45,349.00 14,937.00 43,048.00
            Short-Term Investments 0 0 0 0
      Net Receivables 11,021.00 2,217.00 2,202.00 16,368.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 409,665.00 420,287.00 500,576.00 507,099.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 255,898.00 307,814.00 340,294.00 365,304.00
      Payables and Expenses 0 0 0 0
            Account Payables 4,997.00 3,712.00 3,947.00 12,473.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 246,662.00 299,733.00 331,750.00 344,811.00
      Other Non-Current Liabilities 0 0 0 0
Equity 172,225.00 162,004.00 180,423.00 203,744.00
   Shareholders Equity 172,225.00 162,004.00 180,423.00 203,744.00
      Capital Stock 134.00 134.00 134.00 134.00
      Share Premium 184,912.00 184,841.00 184,841.00 185,113.00
      Retained Earnings -12,821.00 -22,971.00 -4,552.00 18,497.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Debt 246,662.00 299,733.00 331,750.00 344,811.00
Net Debt 240,594.00 254,384.00 316,813.00 301,763.00
Common Shares Outstanding 13,398.08 13,398.08 13,398.08 13,422.41
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 32,875.00 4,791.00 -4,330.00 68,232.00
Interest Income 44,432.00 55,805.00 46,723.00 42,527.00
Interest Expense 16,648.00 19,482.00 17,025.00 17,515.00
Non-Interest Expense 4,433.00 5,043.00 3,112.00 6,777.00
Operating Expenses 4,433.00 5,256.00 3,256.00 11,368.00
   Selling, General and Administrative Expenses 4,433.00 5,043.00 3,112.00 6,777.00
   Other Operating Expenses 0 213.00 144.00 4,591.00
EBT 28,442.00 -465.00 -7,586.00 56,864.00
Income Tax 0 0 0 0
Net Income Including Non-Controlling Interests 28,442.00 -465.00 -7,586.00 56,864.00
Net Income 28,442.00 -465.00 -7,586.00 56,864.00
Deprecation and Amortization 69.00 408.00 409.00 222.00
EPS 0.00 -0.00 -0.00 0.00
Diluted EPS 0.00 -0.00 -0.00 0.00
Average Shares Outstanding Basic 13,398.08 13,398.08 13,419.01 13,413.86
Average Shares Outstanding Diluted 13,398.08 13,398.08 13,419.01 13,413.86
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 33,010.00 81,566.00 2,946.00 -12,009.00
   Operating Net Income 28,442.00 -465.00 -7,586.00 56,864.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital -8,022.00 -171.00 2,504.00 -10,727.00
   Other Operating Activities 12,590.00 82,202.00 8,028.00 -58,146.00
Investing Cash Flow 0 0 0 0
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 0 0
Financing Cash Flow -72,291.00 -51,154.00 -31,057.00 17,349.00
   Net Issuance/Repayment of Debt -54,070.00 -33,200.00 -14,300.00 30,256.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid -18,221.00 -17,954.00 -15,385.00 -12,071.00
   Other Financing Activities 0.00 0.00 -1,372.00 -836.00
Net Change in Cash -39,281.00 30,412.00 -28,111.00 5,340.00
   Cash at Beginning of Period 45,349.00 14,937.00 43,048.00 37,708.00
   Cash at End of Period 6,068.00 45,349.00 14,937.00 43,048.00
Free Cash Flow 33,010.00 81,566.00 2,946.00 -12,009.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Assets 378,150.00 395,442.00 411,963.00 428,123.00 418,538.00 476,982.00 538,234.00
      Cash and Short-Term Investments 0 0 0 0 0 15,942.00 13,052.00
            Cash and Cash Equivalents 5,008.00 10,238.00 4,054.00 6,068.00 20,278.00 15,942.00 13,052.00
            Short-Term Investments 0 0 0 0 0 0 0
      Net Receivables 2,201.00 1,316.00 3,541.00 11,021.00 2,259.00 1,779.00 1,829.00
      Inventory 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0 0 0 0
      Goodwill 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0
      Long-Term Investments 370,171.00 382,748.00 403,071.00 409,665.00 394,734.00 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0 0 0
Liabilities 241,836.00 249,246.00 251,580.00 255,898.00 267,233.00 306,314.00 356,160.00
      Payables and Expenses 0 0 0 0 0 0 0
            Account Payables 2,284.00 3,159.00 1,685.00 4,997.00 16,419.00 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0
      Long-Term Debt 236,077.00 242,201.00 246,606.00 246,662.00 247,167.00 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0
Equity 136,314.00 146,196.00 160,383.00 172,225.00 151,305.00 170,668.00 182,074.00
   Shareholders Equity 136,314.00 146,196.00 160,383.00 172,225.00 151,305.00 170,668.00 182,074.00
      Capital Stock 134.00 134.00 134.00 134.00 134.00 134.00 134.00
      Share Premium 184,912.00 184,912.00 184,912.00 184,912.00 184,841.00 184,841.00 185,010.00
      Retained Earnings -48,732.00 -38,850.00 -24,663.00 -12,821.00 -33,670.00 -14,307.00 -3,070.00
      Treasury Shares 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0
Debt 236,077.00 242,201.00 246,606.00 246,662.00 247,167.00 208,958.00 226,753.00
Net Debt 231,069.00 231,963.00 242,552.00 240,594.00 226,889.00 193,016.00 213,701.00
Common Shares Outstanding 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,406.97
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2023-09-30 2022-09-30
Revenues -3,783.00 -8,580.00 -6,194.00 26,571.00 2,608.00 0 0
Interest Income 9,895.00 10,316.00 10,255.00 10,760.00 10,892.00 4,913.00 4,657.00
Interest Expense 4,542.00 3,842.00 3,858.00 3,937.00 4,022.00 4,913.00 4,657.00
Net Interest 0 0 0 0 0 4,913.00 4,657.00
Non-Interest Expense 1,052.00 1,051.00 1,093.00 1,096.00 920.00 0 0
Operating Expenses 1,544.00 1,051.00 1,093.00 1,096.00 920.00 0 0
   Selling, General and Administrative Expenses 1,052.00 1,051.00 1,093.00 1,096.00 920.00 397.00 396.00
   Other Operating Expenses 492.00 0 0 0 0 0 0
EBT -5,327.00 -9,631.00 -7,287.00 25,475.00 1,688.00 0 0
Income Tax 0 0 0 0 0 0.00 0.00
Net Income Including Non-Controlling Interests -5,327.00 -9,631.00 -7,287.00 25,475.00 1,688.00 0 0
Net Income -5,327.00 -9,631.00 -7,287.00 25,475.00 1,688.00 1,801.00 -9,558.00
EPS -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
Average Shares Outstanding Basic 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,428.41
Average Shares Outstanding Diluted 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,398.08 13,428.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 6,029.00 15,390.00 2,841.00 -8,905.00 19,253.00
   Operating Net Income -5,327.00 -9,631.00 -7,287.00 25,475.00 1,688.00
   Deprecation and Amortization 0 0 0 0 0
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -2,410.00 4,473.00 3,261.00 -19,928.00 13,695.00
   Other Operating Activities 13,766.00 20,548.00 6,867.00 -14,452.00 3,870.00
Investing Cash Flow 0 0 0 0 0
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0
Financing Cash Flow -11,259.00 -9,206.00 -4,855.00 -5,305.00 -4,555.00
   Net Issuance/Repayment of Debt -6,330.00 -4,650.00 -300.00 -750.00 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid -4,555.00 -4,556.00 -4,555.00 -4,555.00 -4,555.00
   Other Financing Activities -374.00 0.00 0.00 0.00 0.00
Net Change in Cash -5,230.00 6,184.00 -2,014.00 -14,210.00 14,698.00
   Cash at Beginning of Period 10,238.00 4,054.00 6,068.00 20,278.00 5,580.00
   Cash at End of Period 5,008.00 10,238.00 4,054.00 6,068.00 20,278.00
Free Cash Flow 6,029.00 15,390.00 2,841.00 -8,905.00 19,253.00