PANL

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 8.38 13.97 2.88 2.47 10.65
Price to Sales 0.45 0.74 0.33 0.23 0.31
Book Value Per Common Share 6.59 6.97 6.85 5.42 4.02
Price to Book 0.81 1.18 0.75 0.70 0.69
Price to Operating Cash Flow 3.70 6.86 1.70 2.69 5.77
Price to Free Cash Flow
Enterprise Value to EBITDA 43954.31 50625.77 18216.42 16319.53 33503.39
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 42.33 -67.14 -158.67 16.07 23.03 26.81 10.50 48.36 73.38 3.21 4.98 12.36 4.28 8.81 24.31
Price to Sales 0.72 1.08 2.47 0.84 1.50 3.01 0.72 1.31 2.31 0.36 0.58 1.29 0.46 0.82 1.11
Book Value Per Common Share 6.45 6.34 6.41 6.59 7.09 7.07 7.09 6.97 7.03 6.72 6.75 6.85 6.61 6.25 5.78 5.42 5.11 4.55 4.16 4.02
Price to Book 0.79 0.74 0.74 0.81 1.02 1.11 0.98 1.18 0.84 1.01 0.87 0.75 0.70 0.81 0.96 0.70 0.99 1.10 0.76 0.69
Price to Operating Cash Flow 8.41 29.96 -69.79 7.05 19.73 35.03 8.81 22.31 22.68 2.01 3.26 7.70 5.21 11.30 28.14
Price to Free Cash Flow
Enterprise Value to EBITDA 85724.65 199244.75 404366.85 74819.21 116408.51 162414.87 55870.71 152542.96 254222.69 20644.52 32673.57 77215.00 29467.54 57356.61 109489.28

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 8.47 -67.04 16.99 488.46
Revenue YoY 7.46 -28.65 -2.56 87.55
EBITDA YoY 4.74 -41.72 22.80 181.22
Net Profit YoY 9.80 -66.89 18.24 492.19
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 32.35 30.77 300.00 75.00 41.18 126.67 107.02 338.46
Revenue YoY 60.35 127.60 64.81 125.54 58.51 103.85 47.63 101.97 78.75 116.46
EBITDA YoY 150.44 99.65 43.67 56.95 137.14 92.21 43.67 115.99 95.81 203.72
Net Profit YoY 33.28 31.55 298.61 81.87 41.57 124.12 107.63 328.44

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.91 2.21 2.89 1.28 1.11
Quick Ratio 1.18 1.39 1.79 0.99 0.70
Current Ratio 1.76 1.82 2.41 1.65 1.02
Debt to Equity 0.00 -0.04 0.05 0.26 0.00
Long-Term Debt to Equity -0.08 -0.13 -0.03 0.15 -0.15
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 1.47 0.93 1.00 1.34 2.06 1.72 2.12 2.13 1.95 1.88 2.89 2.80 2.66 2.30 1.58 1.23 1.12 0.92 0.96 1.06
Quick Ratio 1.07 0.86 1.03 1.18 1.43 1.42 1.39 1.39 1.22 1.15 1.87 1.79 1.76 1.21 0.97 0.99 0.86 0.84 1.17 0.70
Current Ratio 1.62 1.46 1.61 1.76 2.05 2.16 1.97 1.82 1.72 1.69 2.52 2.41 2.44 1.97 1.81 1.65 1.60 1.54 1.82 1.02
Debt to Equity -0.31 -0.31 -0.32 0.00 -0.31 -0.36 -0.36 -0.04 -0.33 -0.30 -0.30 0.05 -0.27 -0.22 -0.19 0.26 -0.18 -0.20 -0.33 0.00
Long-Term Debt to Equity -0.41 -0.41 -0.40 -0.08 -0.40 -0.44 -0.45 -0.13 -0.43 -0.41 -0.38 -0.03 -0.36 -0.34 -0.31 0.15 -0.31 -0.32 -0.42 -0.15

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 1.99 2.38 6.57 5.62 1.53
ROE 1.99 2.29 6.88 7.10 1.53
Gross Margin
Operating Margin 9.10 9.13 14.33 11.52 5.36
EBITDA Margin 14.76 15.15 18.55 14.72 9.81
Net Profit Margin 5.39 5.27 11.36 9.36 2.96
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 0.80 -0.52 -0.22 2.73 2.22 1.66 3.46 0.87 0.48 8.66 5.99 2.76 7.93 4.36 1.30
ROE 0.55 -0.35 -0.15 1.88 1.42 1.07 2.33 0.61 0.33 6.28 4.66 2.24 6.49 3.48 0.87
Gross Margin
Operating Margin 1.76 -1.82 -1.79 5.83 7.05 12.09 7.17 2.66 2.99 14.13 14.70 13.46 12.78 11.33 6.99
EBITDA Margin 8.62 5.52 6.29 11.64 13.35 19.19 13.31 8.90 9.44 17.98 18.47 17.27 16.18 14.77 10.53
Net Profit Margin 1.67 -1.69 -1.61 5.26 6.50 11.15 6.86 2.73 3.06 11.19 11.67 10.52 10.77 9.27 4.68

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 1,451,557.08 1,105,079.97 1,209,641.47 1,197,224.01 740,804.15
   Current Assets 191,993.89 191,825.88 222,511.02 183,963.61 113,031.56
      Cash and Short-Term Investments 86,805.47 99,037.87 128,384.61 56,208.90 48,397.22
            Cash and Cash Equivalents 86,805.47 99,037.87 128,384.61 56,208.90 48,397.22
            Short-Term Investments 0 0 0 0 0
      Net Receivables 42,370.83 47,891.50 36,755.15 54,259.26 29,152.15
      Inventory 32,848.24 16,556.27 29,104.44 27,147.76 15,966.25
      Other Current Assets 29,969.35 28,340.25 28,266.83 46,347.69 19,515.94
   Non-Current Assets 1,259,563.19 913,254.09 987,130.45 1,013,260.39 627,772.58
      Property, Plant, Equipment Net 707,826.33 474,265.17 476,524.75 471,912.81 276,741.75
      Goodwill 3,104.80 3,104.80 0 0 0
      Intangible Assets 1,242.43 0 0 0 0
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 547,389.63 435,884.12 510,605.70 541,347.58 351,030.83
Liabilities -3,593.21 -45,697.89 53,772.35 250,459.00 75.57
   Current Liabilities 109,108.11 105,334.32 92,211.87 111,739.29 110,809.33
      Payables and Expenses 47,384.56 35,836.26 38,554.13 49,154.44 32,400.29
            Account Payables 1,210.99 1,146.32 626.18 213.76 1,005.76
            Current Accrued Liabilities 11,530.27 14,038.42 11,795.97 16,254.25 10,654.36
      Short-Term Debt 20,600.96 52,721.85 32,147.60 29,922.92 64,360.87
      Other Current Liabilities 41,122.59 16,776.21 21,510.14 32,661.93 14,048.18
   Non-Current Liabilities -112,701.32 -151,032.21 -38,439.52 138,719.71 -110,733.76
      Long-Term Debt 123,154.84 211,713.18 267,333.68 276,796.35 95,028.00
      Other Non-Current Liabilities -235,856.16 -362,745.39 -305,773.20 -138,076.64 -205,761.76
Equity 1,455,150.29 1,150,777.86 1,155,869.12 946,765.01 740,728.57
   Shareholders Equity 427,821.62 323,885.99 314,226.06 247,202.22 182,765.77
      Capital Stock 6.50 4.65 4.59 4.56 4.54
      Share Premium 258,659.97 164,854.55 162,894.08 161,534.28 159,581.42
      Retained Earnings 169,155.15 159,026.80 151,327.39 87,102.38 24,777.81
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 46,842.72 46,309.94 54,495.47 53,479.18 51,665.64
Investments 5,492.90 5,657.84 4,367.85 1,990.46 1,896.04
Debt 143,755.80 264,435.03 299,481.28 306,719.27 159,388.87
Net Debt 56,950.33 165,397.16 171,096.68 250,510.37 110,991.65
Common Shares Outstanding 64,961.43 46,466.62 45,898.39 45,617.84 45,447.75
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 536,536.25 499,267.83 699,706.91 718,104.39 382,895.99
Operating Expenses 488,087.63 454,650.64 594,199.09 639,232.18 363,198.89
   Selling, General and Administrative Expenses 24,626.47 22,780.94 20,103.35 18,966.49 15,915.03
   Other Operating Expenses 463,461.16 431,869.70 574,095.74 620,265.69 347,283.86
Operating Income 48,448.61 44,617.20 105,507.82 78,872.21 19,697.10
Net Non-Operating Income -16,679.12 -16,079.42 -20,000.11 -6,498.50 -7,004.99
Interest Expense 17,073.18 17,025.55 14,772.16 10,329.40 7,831.31
EBT 31,769.49 28,537.77 85,507.70 72,373.70 12,692.11
Income Tax 389.00 417.00 443.00 605.00 578.00
Net Income Including Non-Controlling Interests 26,037.27 24,108.83 73,475.12 62,079.96 10,012.25
Net Income Non-Controlling Interests 2,866.11 2,214.47 6,016.29 5,146.87 1,339.93
Net Income 28,903.38 26,323.30 79,491.41 67,226.83 11,352.18
EBIT 48,842.68 45,563.32 100,279.87 82,703.10 20,523.42
Deprecation and Amortization 30,375.72 30,070.40 29,489.81 22,974.25 17,055.27
EBITDA 79,218.40 75,633.71 129,769.68 105,677.35 37,578.69
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 45,391.86 44,773.90 44,398.99 43,997.31 43,417.88
Average Shares Outstanding Diluted 46,046.04 45,475.45 45,059.59 44,849.00 43,817.35
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 65,691.39 53,787.28 134,801.40 61,745.31 20,835.50
   Operating Net Income 124,211.86 83,398.84 250,506.82 211,974.24 36,736.40
   Deprecation and Amortization 30,375.72 30,070.40 29,489.81 22,974.25 17,055.27
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 2,788.19 2,087.81 1,767.73 2,102.90 2,314.94
   Change in Working Capital 9,851.32 -3,384.24 -43,578.30 82,189.18 -5,954.45
   Other Operating Activities -101,535.70 -58,385.53 -103,384.66 -257,495.26 -29,316.66
Investing Cash Flow -67,694.16 -15,982.33 -28,509.10 -197,792.38 -6,887.72
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 167.48 0 653.45 42.96 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 7,200.00 0 0 0
   Other Investing Activities -67,861.65 -23,182.33 -29,162.55 -197,835.34 -6,887.72
Financing Cash Flow -10,229.62 -67,151.69 -34,116.60 143,858.76 -18,605.66
   Net Issuance/Repayment of Debt 22,170.12 20,238.13 20,834.06 12,419.51 12,548.94
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 21,043.70 28,503.75 18,414.98 8,868.59 535.15
   Other Financing Activities -53,443.44 -115,893.57 -73,365.64 122,570.65 -31,689.75
Net Change in Cash -12,232.40 -29,346.74 72,175.70 7,811.69 -4,657.88
   Cash at Beginning of Period 99,037.87 128,384.61 56,208.90 48,397.22 53,055.09
   Cash at End of Period 86,805.47 99,037.87 128,384.61 56,208.90 48,397.22
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 932,145.63 915,995.45 917,988.81 1,451,557.08 749,166.68 692,920.60 703,305.07 1,105,079.97 728,593.91 724,572.86 730,227.88 1,209,641.47 738,910.92 754,623.96 730,859.20 1,197,224.01 656,783.61 575,431.84 450,167.18 740,804.15
   Current Assets 212,622.76 184,008.80 175,902.51 191,993.89 196,239.10 181,351.24 195,557.10 191,825.88 198,484.44 186,930.35 219,762.81 222,511.02 222,685.82 234,163.33 206,667.09 183,963.61 168,182.54 133,134.83 110,639.38 113,031.56
      Cash and Short-Term Investments 94,020.37 59,252.91 63,948.68 86,805.47 93,119.52 77,946.96 95,873.26 99,037.87 87,358.22 84,295.86 129,149.67 128,384.61 117,948.61 102,175.39 69,921.49 56,208.90 49,164.44 40,614.57 42,018.87 48,397.22
            Cash and Cash Equivalents 94,020.37 59,252.91 63,948.68 86,805.47 93,119.52 77,946.96 95,873.26 99,037.87 87,358.22 84,295.86 129,149.67 128,384.61 117,948.61 102,175.39 69,921.49 56,208.90 49,164.44 40,614.57 42,018.87 48,397.22
            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 45,566.00 49,325.66 47,915.12 42,370.83 44,157.14 41,332.29 41,997.73 47,891.50 53,498.56 42,822.37 33,439.70 36,755.15 42,343.29 41,100.38 41,365.83 54,259.26 41,301.94 32,440.64 29,253.90 29,152.15
      Inventory 36,137.88 38,583.75 36,031.77 32,848.24 26,742.78 28,889.89 22,151.64 16,556.27 26,347.23 27,452.21 26,734.28 29,104.44 30,651.97 52,823.68 39,208.77 27,147.76 24,881.27 23,183.56 15,627.98 15,966.25
      Other Current Assets 36,898.51 36,846.48 28,006.94 29,969.35 32,219.65 33,182.10 35,534.47 28,340.25 31,280.42 32,359.90 30,439.16 28,266.83 31,741.93 38,063.88 56,171.01 46,347.69 52,834.89 36,896.06 23,738.63 19,515.94
   Non-Current Assets 719,522.87 731,986.65 742,086.29 1,259,563.19 552,927.58 511,569.36 507,747.97 913,254.09 530,109.47 537,642.52 510,465.07 987,130.45 516,225.10 520,460.64 524,192.11 1,013,260.39 488,601.07 442,297.01 339,527.80 627,772.58
      Property, Plant, Equipment Net 683,944.55 694,403.69 705,349.70 707,826.33 514,581.09 464,347.78 469,077.33 474,265.17 479,980.22 486,380.57 461,744.85 476,524.75 465,137.13 469,965.21 474,297.28 471,912.81 439,119.41 388,565.55 278,565.73 276,741.75
      Goodwill 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 3,104.80 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 1,573.31 1,471.81 1,357.12 1,242.43 1,114.57 901.06 687.55 0 238.86 0 0 0 0 0 0 0 0 0 0 0
      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 30,900.22 33,006.35 32,274.67 547,389.63 34,127.11 43,215.72 34,878.29 435,884.12 46,785.60 48,157.15 48,720.22 510,605.70 51,087.97 50,495.43 49,894.83 541,347.58 49,481.65 53,731.46 60,962.07 351,030.83
Liabilities -419,236.94 -416,618.27 -437,119.42 -3,593.21 -341,052.26 -392,228.34 -387,310.48 -45,697.89 -352,871.23 -310,795.90 -309,925.07 53,772.35 -279,695.20 -214,724.26 -167,560.30 250,459.00 -145,375.46 -145,861.35 -222,785.03 75.57
   Current Liabilities 130,925.06 126,009.71 108,997.39 109,108.11 95,913.54 83,969.38 99,337.43 105,334.32 115,285.97 110,697.74 87,124.60 92,211.87 91,100.78 118,894.14 114,238.85 111,739.29 104,867.37 86,492.10 60,932.73 110,809.33
      Payables and Expenses 4,870.40 5,634.35 3,808.10 47,384.56 4,593.79 3,156.41 2,062.56 35,836.26 4,009.77 4,272.61 1,197.45 38,554.13 1,693.77 510.42 197.74 49,154.44 3,092.22 1,682.50 923.33 32,400.29
            Account Payables 1,416.42 1,178.82 1,837.06 1,210.99 1,279.49 1,116.96 966.79 1,146.32 977.59 808.86 639.63 626.18 197.74 197.74 197.74 213.76 98.86 98.86 98.86 1,005.76
            Current Accrued Liabilities 3,453.98 4,455.53 1,971.04 11,530.27 3,314.30 2,039.45 1,095.78 14,038.42 3,032.18 3,463.75 557.82 11,795.97 1,496.03 312.68 0 16,254.25 2,993.35 1,583.63 824.46 10,654.36
      Short-Term Debt 19,233.45 19,499.98 19,459.77 20,600.96 30,775.58 33,530.35 51,644.00 52,721.85 58,136.22 48,682.83 29,841.03 32,147.60 29,177.45 29,045.25 31,374.14 29,922.92 28,851.58 25,635.83 17,636.12 64,360.87
      Other Current Liabilities 106,821.21 100,875.39 85,729.52 41,122.59 60,544.16 47,282.62 45,630.86 16,776.21 53,139.99 57,742.30 56,086.12 21,510.14 60,229.56 89,338.47 82,666.98 32,661.93 72,923.58 59,173.77 42,373.29 14,048.18
   Non-Current Liabilities -550,162.00 -542,627.98 -546,116.81 -112,701.32 -436,965.80 -476,197.72 -486,647.91 -151,032.21 -468,157.21 -421,493.63 -397,049.67 -38,439.52 -370,795.97 -333,618.40 -281,799.16 138,719.71 -250,242.84 -232,353.45 -283,717.77 -110,733.76
      Long-Term Debt 109,321.17 113,744.75 118,459.14 123,154.84 258,081.17 215,510.28 205,910.35 211,713.18 217,427.95 234,068.41 260,081.27 267,333.68 268,943.93 276,025.96 283,080.17 276,796.35 252,400.80 217,052.65 137,071.42 95,028.00
      Other Non-Current Liabilities -659,483.17 -656,372.74 -664,575.95 -235,856.16 -695,046.97 -691,708.00 -692,558.26 -362,745.39 -685,585.16 -655,562.04 -657,130.94 -305,773.20 -639,739.91 -609,644.36 -564,879.32 -138,076.64 -502,643.63 -449,406.10 -420,789.18 -205,761.76
Equity 1,351,382.57 1,332,613.72 1,355,108.23 1,455,150.29 1,090,218.94 1,085,148.94 1,090,615.56 1,150,777.86 1,081,465.14 1,035,368.76 1,040,152.94 1,155,869.12 1,018,606.12 969,348.22 898,419.50 946,765.01 802,159.07 721,293.19 672,952.22 740,728.57
   Shareholders Equity 420,261.92 414,353.09 420,802.80 427,821.62 332,589.73 331,530.45 332,004.25 323,885.99 326,709.55 312,225.30 313,768.24 314,226.06 303,411.36 287,640.46 265,633.76 247,202.22 233,362.61 207,540.91 189,438.30 182,765.77
      Capital Stock 6.52 6.54 6.56 6.50 4.69 4.69 4.68 4.65 4.65 4.65 4.65 4.59 4.59 4.60 4.60 4.56 4.56 4.56 4.56 4.54
      Share Premium 256,663.81 259,733.61 260,191.51 258,659.97 167,167.69 166,521.85 165,993.19 164,854.55 164,160.25 163,890.25 163,623.17 162,894.08 162,704.59 162,385.40 162,074.42 161,534.28 161,187.16 160,817.94 160,399.77 159,581.42
      Retained Earnings 163,591.59 154,612.94 160,604.73 169,155.15 165,417.35 165,003.91 166,006.38 159,026.80 162,544.65 148,330.41 150,140.42 151,327.39 140,702.17 125,250.47 103,554.74 87,102.38 72,170.88 46,718.41 29,033.98 24,777.81
      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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 45,298.40 44,777.22 46,349.92 46,842.72 46,224.87 45,278.79 47,301.40 46,309.94 50,668.24 49,346.43 49,424.11 54,495.47 54,186.03 53,213.41 50,759.11 53,479.18 51,035.62 49,335.22 52,318.66 51,665.64
Investments 5,700.64 6,526.40 6,619.04 5,492.90 5,329.03 6,494.90 6,015.92 5,657.84 5,301.30 5,497.12 4,197.32 4,367.85 3,273.08 2,509.26 2,687.33 1,990.46 2,089.90 1,679.31 1,570.82 1,896.04
Debt 128,554.62 133,244.73 137,918.91 143,755.80 288,856.75 249,040.64 257,554.35 264,435.03 275,564.17 282,751.23 289,922.29 299,481.28 298,121.39 305,071.21 314,454.30 306,719.27 281,252.38 242,688.48 154,707.53 159,388.87
Net Debt 34,534.24 73,991.82 73,970.23 56,950.33 195,737.23 171,093.68 161,681.10 165,397.16 188,205.95 198,455.38 160,772.62 171,096.68 180,172.77 202,895.82 244,532.82 250,510.37 232,087.94 202,073.91 112,688.66 110,991.65
Common Shares Outstanding 65,176.62 65,377.14 65,621.56 64,961.43 46,902.09 46,902.09 46,839.59 46,466.62 46,466.62 46,466.62 46,466.62 45,898.39 45,922.69 46,006.18 45,991.98 45,617.84 45,641.44 45,641.44 45,572.24 45,447.75
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 448,161.16 279,491.33 122,801.89 -193,820.18 389,361.47 236,246.40 104,748.55 -213,596.89 367,390.92 231,774.73 113,699.07 -451,145.35 571,783.50 387,306.36 191,762.40 -160,931.16 483,546.13 270,516.89 124,972.53
Operating Expenses 424,658.89 272,911.29 119,875.44 -178,954.77 355,717.90 217,604.06 93,720.43 -203,305.33 333,328.94 217,423.96 107,203.07 -393,592.13 485,010.78 331,039.91 171,740.52 -162,811.76 435,468.27 247,981.98 118,593.69
   Selling, General and Administrative Expenses 24,328.06 14,446.33 7,274.49 -13,308.79 18,349.56 12,307.70 7,278.00 -11,640.70 17,115.01 11,614.89 5,691.73 -11,792.26 16,195.44 10,418.77 5,281.39 -10,149.86 14,676.75 10,234.69 4,204.90
   Other Operating Expenses 400,330.83 258,464.96 112,600.95 -165,645.98 337,368.35 205,296.36 86,442.43 -191,664.63 316,213.92 205,809.07 101,511.34 -381,799.88 468,815.34 320,621.14 166,459.14 -152,661.90 420,791.52 237,747.29 114,388.80
Operating Income 23,502.27 6,580.04 2,926.45 -14,865.42 33,643.57 18,642.35 11,028.12 -10,291.56 34,061.98 14,350.77 6,496.00 -57,553.22 86,772.71 56,266.44 20,021.88 1,880.60 48,077.86 22,534.92 6,378.83
Net Non-Operating Income -15,613.50 -11,678.78 -5,125.12 -5,406.11 -10,927.31 -1,983.21 1,637.52 2,896.77 -7,702.11 -8,181.00 -3,093.09 982.73 -17,077.05 -6,331.81 2,426.01 -16,878.45 6,702.14 3,549.45 128.36
Interest Expense 0.00 0.00 0.00 17,073.18 0.00 0.00 0.00 17,025.55 0.00 0.00 0.00 -6,727.14 11,122.22 7,005.90 3,371.17 -3,470.58 6,994.59 4,577.92 2,227.47
EBT 7,888.77 -5,098.74 -2,198.67 -20,271.53 22,716.26 16,659.13 12,665.63 -7,394.78 26,359.87 6,169.77 3,402.91 -56,570.49 69,695.66 49,934.64 22,447.90 -14,997.85 54,780.00 26,084.37 6,507.19
Income Tax 0.00 0.00 0.00 389.00 0.00 0.00 0.00 417.00 0.00 0.00 0.00 443.00 0.00 0.00 0.00 605.00 0.00 0.00 0.00
Net Income Including Non-Controlling Interests 7,081.90 -4,347.25 -1,763.08 -16,919.94 18,219.73 14,054.77 10,682.72 -9,918.96 24,014.32 6,467.84 3,545.62 -43,161.04 58,281.96 40,466.16 17,888.03 -16,573.07 49,373.36 24,078.53 5,201.15
Net Income Non-Controlling Interests 403.44 -375.75 -217.80 -1,675.80 2,248.26 1,302.18 991.46 1,262.09 1,172.77 -149.04 -71.36 -6,704.72 5,706.85 4,734.24 2,279.93 787.61 2,703.32 1,002.92 653.02
Net Income 7,485.34 -4,722.99 -1,980.88 -18,595.74 20,467.99 15,356.95 11,674.18 -8,656.87 25,187.10 6,318.81 3,474.27 -49,865.76 63,988.81 45,200.40 20,167.97 -15,785.46 52,076.68 25,081.45 5,854.17
EBIT 7,888.77 -5,098.74 -2,198.67 -3,198.35 22,716.26 16,659.13 12,665.63 9,630.76 26,359.87 6,169.77 3,402.91 -63,297.62 80,817.88 56,940.54 25,819.07 -18,468.43 61,774.59 30,662.28 8,734.66
Deprecation and Amortization 30,734.97 20,520.97 9,923.49 -14,560.13 22,609.23 14,890.15 7,436.47 -14,256.67 22,546.35 14,453.85 7,326.86 -14,366.87 21,960.41 14,594.85 7,301.42 -7,183.97 16,451.30 9,287.82 4,419.09
EBITDA 38,623.74 15,422.24 7,724.82 -17,758.48 45,325.49 31,549.28 20,102.11 -4,625.90 48,906.22 20,623.62 10,729.77 -77,664.50 102,778.30 71,535.39 33,120.49 -25,652.40 78,225.89 39,950.11 13,153.76
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 63,901.46 63,989.00 63,851.09 45,849.78 45,257.46 45,245.65 45,214.52 44,884.65 44,754.62 44,744.04 44,712.29 44,409.33 44,386.63 44,411.03 44,388.96 44,033.65 43,994.73 43,989.51 43,971.35
Average Shares Outstanding Diluted 65,009.19 63,989.00 63,851.09 46,399.58 45,947.55 45,922.27 45,914.77 46,555.04 45,108.04 45,122.02 45,116.72 45,292.06 44,624.23 45,129.08 45,192.98 45,411.34 44,704.30 44,731.06 44,549.29
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
Operating Cash Flow 38,600.88 10,039.16 -4,355.82 -7,671.29 46,407.89 17,955.52 8,999.28 -1,246.35 29,882.57 13,579.41 11,571.65 -68,353.93 101,868.25 69,225.07 32,062.01 -5,405.99 42,677.28 19,533.87 4,940.15
   Operating Net Income 31,151.65 -20,019.21 -8,576.90 -27,369.30 65,900.50 48,675.22 37,005.44 -23,446.44 77,906.84 18,658.35 10,280.09 -163,006.73 203,380.13 145,069.67 65,063.75 112,241.33 54,780.00 26,084.37 18,868.56
   Deprecation and Amortization 30,734.97 20,520.97 9,923.49 -14,560.13 22,609.23 14,890.15 7,436.47 -14,256.67 22,546.35 14,453.85 7,326.86 -14,366.87 21,960.41 14,594.85 7,301.42 -7,183.97 16,451.30 9,287.82 4,419.09
   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 2,695.20 2,080.78 1,531.60 -2,331.02 2,313.18 1,667.35 1,138.68 -1,285.65 1,393.51 1,123.51 856.43 -1,656.84 1,457.97 1,138.79 827.81 -1,945.35 1,734.96 1,365.73 947.55
   Change in Working Capital 12,468.26 17,155.03 12,516.37 -9,385.71 13,711.22 3,471.76 2,054.05 -5,591.94 6,947.76 2,663.47 -7,403.53 12,425.39 -36,196.24 -7,109.43 -12,698.01 4,217.08 52,391.35 22,620.65 2,960.11
   Other Operating Activities -38,449.20 -9,698.42 -19,750.38 45,974.88 -58,126.26 -50,748.96 -38,635.36 43,334.34 -78,911.90 -23,319.77 511.79 98,251.12 -88,734.02 -84,468.81 -28,432.96 -112,735.08 -82,680.32 -39,824.70 -22,255.16
Investing Cash Flow 1,910.82 -2,411.30 -460.27 -999.07 -57,352.47 -9,139.00 -203.62 23,918.56 -25,017.05 -23,678.33 8,794.49 11,441.91 -11,511.84 -10,191.80 -18,247.37 76,175.22 -159,848.02 -108,652.40 -5,467.18
   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 0 0 0 167.48 0 0 0 0 0 0 0 514.86 0 71.42 67.18 -207.11 137.87 112.20 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 -7,200.00 7,200.00 7,200.00 0 0 18.50 18.50 0 0 0 0 0
   Other Investing Activities 1,910.82 -2,411.30 -460.27 -1,166.56 -57,352.47 -9,139.00 -203.62 31,118.56 -32,217.05 -30,878.33 8,794.49 10,964.06 -11,530.35 -10,281.72 -18,314.55 76,382.32 -159,985.90 -108,764.59 -5,467.18
Financing Cash Flow -33,027.18 -35,180.42 -18,040.70 26,611.84 5,026.24 -29,907.43 -11,960.27 32,331.12 -45,891.90 -33,989.83 -19,601.08 7,668.93 -28,616.70 -13,066.78 -102.05 -49,563.78 117,937.97 81,335.88 -5,851.31
   Net Issuance/Repayment of Debt 21,247.66 14,023.41 6,903.93 -7,537.62 18,653.78 7,324.64 3,729.32 -4,166.57 12,211.16 8,133.05 4,060.50 -7,620.27 16,808.66 7,808.39 3,837.28 -2,116.89 8,982.40 3,824.26 1,729.75
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 15,325.33 11,880.73 6,732.47 -11,850.56 16,277.60 11,742.53 4,874.13 -13,895.57 18,618.42 14,133.11 9,647.79 -13,473.00 13,966.04 10,629.33 7,292.62 -5,147.21 7,325.83 5,783.07 906.90
   Other Financing Activities -69,600.17 -61,084.57 -31,677.09 46,000.01 -29,905.14 -48,974.60 -20,563.72 50,393.26 -76,721.49 -56,255.99 -33,309.36 28,762.21 -59,391.40 -31,504.50 -11,231.95 -42,299.67 101,629.74 71,728.55 -8,487.97
Net Change in Cash 7,484.51 -27,552.56 -22,856.79 17,941.47 -5,918.35 -21,090.91 -3,164.61 55,003.32 -41,026.39 -44,088.75 765.07 -49,243.08 61,739.71 45,966.49 13,712.59 21,205.45 767.22 -7,782.64 -6,378.34
   Cash at Beginning of Period 86,805.47 86,805.47 86,805.47 68,864.00 99,037.87 99,037.87 99,037.87 44,034.54 128,384.61 128,384.61 128,384.61 177,627.69 56,208.90 56,208.90 56,208.90 35,003.45 48,397.22 48,397.22 48,397.22
   Cash at End of Period 94,289.98 59,252.91 63,948.68 86,805.47 93,119.52 77,946.96 95,873.26 99,037.87 87,358.22 84,295.86 129,149.67 128,384.61 117,948.61 102,175.39 69,921.49 56,208.90 49,164.44 40,614.57 42,018.87
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0