PONY
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -5.98 | |||
| Price to Sales | 21.87 | |||
| Book Value Per Common Share | 2.72 | 1.96 | 2.02 | 1.93 |
| Price to Book | 5.29 | |||
| Price to Operating Cash Flow | -14.81 | |||
| Price to Free Cash Flow | -13.43 | |||
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Price to Earnings | -140.56 | -94.29 | -73.50 | -14.49 | |
| Price to Sales | 340.76 | 225.64 | 221.61 | 73.67 | |
| Book Value Per Common Share | 1.85 | 2.40 | 2.53 | 2.72 | 1.83 |
| Price to Book | 12.17 | 5.50 | 3.48 | 5.29 | |
| Price to Operating Cash Flow | -152.58 | -190.48 | -57.27 | -84.41 | |
| Price to Free Cash Flow | -152.58 | -190.48 | -57.27 | -61.72 | |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 4.35 | 5.14 | 742.50 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 18.58 | 53.48 | -60.64 | 140.15 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 6.52 | 1.60 | 1.57 | 1.14 |
| Quick Ratio | 11.03 | 13.01 | 12.73 | 13.98 |
| Current Ratio | 11.77 | 13.83 | 13.38 | 14.69 |
| Debt to Equity | 0.08 | 0.07 | 0.07 | 0.05 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.01 | 0.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.15 | 1.66 | 1.79 | 4.09 | 1.36 |
| Quick Ratio | 6.27 | 5.67 | 14.62 | 11.03 | 12.25 |
| Current Ratio | 7.04 | 6.19 | 15.86 | 11.77 | 13.45 |
| Debt to Equity | 0.11 | 0.15 | 0.06 | 0.08 | 0.07 |
| Long-Term Debt to Equity | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -26.09 | -16.71 | -19.19 | -31.70 |
| ROE | -28.30 | -17.95 | -20.62 | -33.16 |
| Gross Margin | 15.20 | 23.48 | 46.89 | 77.74 |
| Operating Margin | -380.57 | -199.22 | -249.63 | -2652.52 |
| EBITDA Margin | -369.43 | -179.28 | -225.11 | -2483.22 |
| Net Profit Margin | -365.37 | -173.59 | -216.44 | -2768.31 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| ROA | -6.81 | -5.36 | -4.42 | -17.22 | |
| ROE | -7.55 | -6.14 | -4.69 | -18.68 | |
| Gross Margin | 18.35 | 16.14 | 16.57 | 20.99 | |
| Operating Margin | -273.85 | -285.57 | -400.91 | -487.38 | |
| EBITDA Margin | -273.85 | -285.57 | -400.91 | -487.38 | |
| Net Profit Margin | -241.00 | -247.49 | -307.52 | -509.39 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 1,050,821.00 | 747,117.00 | 771,514.00 | 708,936.00 |
| Current Assets | 834,622.00 | 666,346.00 | 643,570.00 | 442,140.00 |
| Cash and Short-Term Investments | 745,011.00 | 589,554.00 | 577,905.00 | 418,753.00 |
| Cash and Cash Equivalents | 535,976.00 | 425,960.00 | 316,262.00 | 242,541.00 |
| Short-Term Investments | 209,035.00 | 163,594.00 | 261,643.00 | 176,212.00 |
| Net Receivables | 36,877.00 | 37,230.00 | 34,205.00 | 2,169.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 52,734.00 | 39,562.00 | 31,460.00 | 21,218.00 |
| Non-Current Assets | 216,199.00 | 80,771.00 | 127,944.00 | 266,796.00 |
| Property, Plant, Equipment Net | 30,019.25 | 21,282.55 | 34,473.89 | 33,103.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 563.75 | 556.45 | 491.11 | 811.00 |
| Long-Term Investments | 130,799.00 | 51,712.00 | 80,653.00 | 227,170.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 54,817.00 | 7,220.00 | 12,326.00 | 5,712.00 |
| Liabilities | 82,110.00 | 51,944.00 | 53,602.00 | 31,245.00 |
| Current Liabilities | 70,886.00 | 48,165.00 | 48,100.00 | 30,105.00 |
| Payables and Expenses | 53,160.00 | 33,237.00 | 29,648.00 | 27,484.00 |
| Account Payables | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 23,741.00 | 16,070.00 | 15,587.00 | 22,544.00 |
| Short-Term Debt | 3,970.00 | 5,110.00 | 9,249.00 | 0 |
| Other Current Liabilities | 13,756.00 | 9,818.00 | 9,203.00 | 0 |
| Non-Current Liabilities | 11,224.00 | 3,779.00 | 5,502.00 | 1,140.00 |
| Long-Term Debt | 9,835.00 | 2,246.00 | 3,788.00 | 0 |
| Other Non-Current Liabilities | 1,389.00 | 1,533.00 | 1,714.00 | 1,140.00 |
| Equity | 968,711.00 | 695,173.00 | 717,912.00 | 677,691.00 |
| Shareholders Equity | 951,122.00 | 684,028.00 | 706,010.00 | 673,803.00 |
| Capital Stock | 175.00 | 1,361,323.00 | 1,257,541.00 | 1,075,944.00 |
| Share Premium | 2,228,444.00 | 57,759.00 | 63,200.00 | 50,796.00 |
| Retained Earnings | -1,287,851.00 | -739,528.00 | -614,659.00 | -466,550.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 10,354.00 | 4,474.00 | -72.00 | 13,613.00 |
| Minority Interest | 17,589.00 | 11,145.00 | 11,902.00 | 3,888.00 |
| Debt | 13,805.00 | 7,356.00 | 13,037.00 | 0 |
| Common Shares Outstanding | 350,292.55 | 348,962.33 | 348,962.33 | 348,962.33 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 75,025.00 | 71,899.00 | 68,386.00 | 8,117.00 |
| Cost Of Revenue | 63,622.00 | 55,015.00 | 36,322.00 | 1,807.00 |
| Non-Interest Expense | 56,747.00 | 37,417.00 | 49,178.00 | 51,018.00 |
| Gross Profit | 11,403.00 | 16,884.00 | 32,064.00 | 6,310.00 |
| Operating Expenses | 296,926.00 | 160,124.00 | 202,779.00 | 221,615.00 |
| Selling, General and Administrative Expenses | 56,747.00 | 37,417.00 | 49,178.00 | 51,018.00 |
| Research and Development Expenses | 240,179.00 | 122,707.00 | 153,601.00 | 170,597.00 |
| Operating Income | -285,523.00 | -143,240.00 | -170,715.00 | -215,305.00 |
| Net Non-Operating Income | -15,477.00 | 1,427.00 | 9,614.00 | 846.00 |
| EBT | -275,005.00 | -125,454.00 | -148,324.00 | -224,157.00 |
| Income Tax | 1.00 | -126.00 | -74.00 | 547.00 |
| Net Income Including Non-Controlling Interests | -275,006.00 | -125,328.00 | -148,250.00 | -224,704.00 |
| Net Income Non-Controlling Interests | 885.00 | 516.00 | 232.00 | 0 |
| Net Income | -274,121.00 | -124,812.00 | -148,018.00 | -224,704.00 |
| EBIT | -285,523.00 | -143,240.00 | -170,715.00 | -215,305.00 |
| Deprecation and Amortization | 8,361.00 | 14,342.00 | 16,770.00 | 13,742.00 |
| EBITDA | -277,162.00 | -128,898.00 | -153,945.00 | -201,563.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 114,318.76 | 368,141.82 | 368,141.82 | 368,141.82 |
| Average Shares Outstanding Diluted | 114,318.76 | 368,141.82 | 368,141.82 | 368,141.82 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -110,758.00 | -115,421.00 | -154,768.00 | -146,144.00 |
| Operating Net Income | -275,006.00 | -125,328.00 | -148,250.00 | -224,704.00 |
| Deprecation and Amortization | 8,361.00 | 14,342.00 | 16,770.00 | 13,742.00 |
| Deferred Income Tax | 0 | -120.00 | -476.00 | 460.00 |
| Share Based Compensation | 127,003.00 | 3,254.00 | 13,184.00 | 41,062.00 |
| Change in Working Capital | 12,161.00 | -19,653.00 | -33,815.00 | 3,648.00 |
| Other Operating Activities | 16,723.00 | 12,084.00 | -2,181.00 | 19,648.00 |
| Investing Cash Flow | -181,267.00 | 136,494.00 | 49,329.00 | 54,833.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -11,345.00 | -4,222.00 | -11,513.00 | -25,398.00 |
| Net Purchase/Sale of Investments Net | -169,922.00 | 140,716.00 | 60,842.00 | 80,231.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 407,389.00 | 89,764.00 | 191,573.00 | 121,874.00 |
| Net Issuance/Repayment of Debt | -1,015.00 | -1,061.00 | -853.00 | 0 |
| Net Issuance/Repurchase of Equity | 408,404.00 | 98,212.00 | 186,342.00 | 119,991.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | -7,387.00 | 6,084.00 | 1,883.00 |
| Net Change in Cash | 115,364.00 | 110,837.00 | 86,134.00 | 30,563.00 |
| Cash at Beginning of Period | 426,205.00 | 318,518.00 | 242,991.00 | 210,045.00 |
| Cash at End of Period | 536,172.00 | 426,205.00 | 318,518.00 | 242,991.00 |
| Free Cash Flow | -122,155.00 | -120,512.00 | -166,801.00 | -171,542.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-06-30 |
|---|---|---|---|---|---|
| Assets | 900,666.00 | 991,046.00 | 972,336.00 | 1,050,821.00 | 693,564.00 |
| Current Assets | 541,305.00 | 701,801.00 | 716,227.00 | 834,622.00 | 557,959.00 |
| Cash and Short-Term Investments | 444,660.00 | 608,026.00 | 629,948.00 | 745,011.00 | 473,016.00 |
| Cash and Cash Equivalents | 98,995.00 | 318,533.00 | 379,183.00 | 535,976.00 | 334,756.00 |
| Short-Term Investments | 345,665.00 | 289,493.00 | 250,765.00 | 209,035.00 | 138,260.00 |
| Net Receivables | 37,241.00 | 34,527.00 | 30,211.00 | 36,877.00 | 34,993.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 59,404.00 | 59,248.00 | 56,068.00 | 52,734.00 | 49,950.00 |
| Non-Current Assets | 359,361.00 | 289,245.00 | 256,109.00 | 216,199.00 | 135,605.00 |
| Property, Plant, Equipment Net | 61,744.00 | 45,781.00 | 32,008.00 | 30,019.25 | 17,233.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 563.75 | 0 |
| Long-Term Investments | 267,560.00 | 214,142.00 | 154,172.00 | 130,799.00 | 89,284.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 54,817.00 | 0 |
| Liabilities | 88,674.00 | 126,781.00 | 54,990.00 | 82,110.00 | 44,516.00 |
| Current Liabilities | 76,881.00 | 113,373.00 | 45,152.00 | 70,886.00 | 41,487.00 |
| Payables and Expenses | 72,019.00 | 108,548.00 | 41,534.00 | 53,160.00 | 31,922.00 |
| Account Payables | 71,312.00 | 107,804.00 | 40,866.00 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 23,741.00 | 14,065.00 |
| Short-Term Debt | 4,862.00 | 4,825.00 | 3,618.00 | 3,970.00 | 3,574.00 |
| Other Current Liabilities | 0.00 | 0.00 | 0.00 | 13,756.00 | 5,991.00 |
| Non-Current Liabilities | 11,793.00 | 13,408.00 | 9,838.00 | 11,224.00 | 3,029.00 |
| Long-Term Debt | 10,269.00 | 11,928.00 | 8,482.00 | 9,835.00 | 1,408.00 |
| Other Non-Current Liabilities | 1,524.00 | 1,480.00 | 1,356.00 | 1,389.00 | 1,621.00 |
| Equity | 811,992.00 | 864,265.00 | 917,346.00 | 968,711.00 | 649,048.00 |
| Shareholders Equity | 801,215.00 | 853,363.00 | 899,875.00 | 951,122.00 | 638,432.00 |
| Capital Stock | 0 | 0 | 0 | 175.00 | 1,414,704.00 |
| Share Premium | 0 | 0 | 0 | 2,228,444.00 | 5,838.00 |
| Retained Earnings | 0 | 0 | 0 | -1,287,851.00 | -790,884.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 10,354.00 | 8,774.00 |
| Minority Interest | 10,777.00 | 10,902.00 | 17,471.00 | 17,589.00 | 10,616.00 |
| Debt | 15,131.00 | 16,753.00 | 12,100.00 | 13,805.00 | 4,982.00 |
| Common Shares Outstanding | 433,541.55 | 355,292.55 | 355,292.55 | 350,292.55 | 348,962.33 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 25,442.00 | 21,455.00 | 13,979.00 | 35,516.00 | 14,789.00 |
| Cost Of Revenue | 20,773.00 | 17,992.00 | 11,663.00 | 28,060.00 | 13,428.00 |
| Non-Interest Expense | 13,958.00 | 15,701.00 | 10,873.00 | 32,714.00 | 8,454.00 |
| Gross Profit | 4,669.00 | 3,463.00 | 2,316.00 | 7,456.00 | 1,361.00 |
| Operating Expenses | 74,342.00 | 64,731.00 | 58,359.00 | 180,554.00 | 42,068.00 |
| Selling, General and Administrative Expenses | 13,958.00 | 15,701.00 | 10,873.00 | 32,714.00 | 8,454.00 |
| Research and Development Expenses | 60,384.00 | 49,030.00 | 47,486.00 | 147,840.00 | 33,614.00 |
| Operating Income | -69,673.00 | -61,268.00 | -56,043.00 | -173,098.00 | -40,707.00 |
| Net Non-Operating Income | 2,767.00 | 1,493.00 | -3,508.00 | -13,356.00 | -5,099.00 |
| EBT | -61,571.00 | -53,262.00 | -37,377.00 | -181,118.00 | -42,114.00 |
| Income Tax | -1.00 | 1.00 | 0 | 0 | -1.00 |
| Net Income Including Non-Controlling Interests | -61,570.00 | -53,263.00 | -37,377.00 | -181,118.00 | -42,113.00 |
| Net Income Non-Controlling Interests | 255.00 | 165.00 | -5,611.00 | 204.00 | 223.00 |
| Net Income | -61,315.00 | -53,098.00 | -42,988.00 | -180,914.00 | -41,890.00 |
| EBIT | -69,673.00 | -61,268.00 | -56,043.00 | -173,098.00 | -40,707.00 |
| EBITDA | -69,673.00 | -61,268.00 | -56,043.00 | -173,098.00 | -40,707.00 |
| 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 | 385,292.55 | 366,831.02 | 351,651.36 | 182,347.58 | 348,962.33 |
| Average Shares Outstanding Diluted | 385,292.55 | 366,831.02 | 351,651.36 | 182,347.58 | 348,962.33 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -56,795.00 | -25,411.00 | -54,159.00 | -30,997.00 | -20,639.00 |
| Operating Net Income | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| Other Operating Activities | -56,795.00 | -25,411.00 | -54,159.00 | -30,997.00 | -20,639.00 |
| Investing Cash Flow | -127,046.00 | -67,145.00 | -93,271.00 | -78,109.00 | -74,489.00 |
| 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 | -127,046.00 | -67,145.00 | -93,271.00 | -78,109.00 | -74,489.00 |
| Financing Cash Flow | -34,449.00 | 33,086.00 | -9,486.00 | 408,243.00 | -144.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -34,449.00 | 33,086.00 | -9,486.00 | 408,243.00 | -144.00 |
| Net Change in Cash | -218,290.00 | -59,470.00 | -156,916.00 | 299,137.00 | -95,272.00 |
| Cash at Beginning of Period | 318,741.00 | 379,378.00 | 536,172.00 | 240,346.00 | 335,000.00 |
| Cash at End of Period | 100,690.00 | 318,741.00 | 379,378.00 | 536,172.00 | 240,346.00 |
| Free Cash Flow | -56,795.00 | -25,411.00 | -54,159.00 | -42,394.00 | -20,639.00 |