PRE
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -1.56 | -1.06 | -0.80 | |
| Price to Sales | 2.37 | 3.06 | 11.55 | |
| Book Value Per Common Share | 13.27 | 16.91 | 25.96 | -54.17 |
| Price to Book | 0.44 | 0.35 | 1.16 | |
| Price to Operating Cash Flow | -2.51 | -4.83 | 10.48 | |
| Price to Free Cash Flow | -2.42 | -4.53 | 18.61 | |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -25.09 | -9.06 | -4.90 | -4.76 | |
| Price to Sales | 7.85 | 6.38 | 2.94 | 7.10 | 14.42 |
| Book Value Per Common Share | 11.43 | 11.58 | 12.34 | 13.27 | 13.91 |
| Price to Book | 1.16 | 0.74 | 0.32 | 0.44 | 0.29 |
| Price to Operating Cash Flow | |||||
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 40.83 | 65.17 | 5.04 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 33.23 | 2.13 | 65.06 | 197.28 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 5.03 | 6.47 | 36.32 | 6.11 |
| Quick Ratio | 1.87 | 1.98 | 3.96 | 1.58 |
| Current Ratio | 2.36 | 2.37 | 4.23 | 1.82 |
| Debt to Equity | 0.25 | 0.21 | 0.28 | -1.37 |
| Long-Term Debt to Equity | 0.03 | 0.02 | 0.05 | -1.22 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.71 | 2.09 | 4.50 | 4.89 | 3.37 |
| Quick Ratio | 0.98 | 0.82 | 1.85 | 1.87 | 1.11 |
| Current Ratio | 2.67 | 2.16 | 2.07 | 2.36 | 1.40 |
| Debt to Equity | 0.22 | 0.32 | 0.27 | 0.25 | 0.31 |
| Long-Term Debt to Equity | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -21.68 | -24.68 | -61.02 | -117.17 |
| ROE | -27.02 | -29.85 | -78.23 | 43.41 |
| Gross Margin | 50.29 | 40.61 | 27.48 | 28.75 |
| Operating Margin | -187.78 | -260.08 | -1713.61 | -1727.57 |
| EBITDA Margin | -168.41 | -224.23 | -1656.31 | -1668.95 |
| Net Profit Margin | -151.22 | -288.48 | -1446.78 | -1388.44 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -3.77 | -6.23 | -5.09 | -7.65 | -4.53 |
| ROE | -4.60 | -8.22 | -6.45 | -9.54 | -5.93 |
| Gross Margin | 59.54 | 41.23 | 42.41 | 37.20 | 54.37 |
| Operating Margin | -28.55 | -61.59 | -63.56 | -237.32 | -277.52 |
| EBITDA Margin | -28.55 | -61.59 | -63.56 | -237.32 | -277.52 |
| Net Profit Margin | -31.45 | -70.19 | -60.02 | -155.81 | -302.49 |
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 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 213,575.00 | 254,171.00 | 312,131.23 | 148,507.32 |
| Current Assets | 86,148.00 | 93,660.00 | 241,810.32 | 106,892.53 |
| Cash and Short-Term Investments | 62,813.00 | 72,740.00 | 184,117.96 | 45,194.95 |
| Cash and Cash Equivalents | 52,251.00 | 45,706.00 | 146,660.20 | 35,288.95 |
| Short-Term Investments | 10,562.00 | 27,034.00 | 37,457.77 | 9,906.00 |
| Net Receivables | 5,605.00 | 5,294.00 | 42,495.96 | 47,462.16 |
| Inventory | 6,566.00 | 3,127.00 | 4,534.07 | 6,829.23 |
| Other Current Assets | 11,164.00 | 12,499.00 | 10,662.32 | 7,406.20 |
| Non-Current Assets | 127,427.00 | 160,511.00 | 70,320.91 | 41,614.79 |
| Property, Plant, Equipment Net | 7,811.00 | 5,778.00 | 13,102.55 | 13,037.19 |
| Goodwill | 37,364.00 | 29,170.00 | 33,800.28 | 3,978.07 |
| Intangible Assets | 11,574.00 | 13,425.00 | 14,785.88 | 23,826.28 |
| Long-Term Investments | 69,326.00 | 107,836.00 | 788.47 | 0 |
| Non-Current Deferred Assets | 0 | 3,559.00 | 6,551.28 | 79.70 |
| Other Non-Current Assets | 1,352.00 | 743.00 | 1,292.46 | 693.55 |
| Liabilities | 42,229.00 | 44,013.00 | 68,668.37 | 549,402.23 |
| Current Liabilities | 36,551.00 | 39,484.00 | 57,195.11 | 58,737.73 |
| Payables and Expenses | 12,236.00 | 16,379.00 | 31,170.43 | 44,792.67 |
| Account Payables | 3,668.00 | 1,671.00 | 7,291.13 | 9,979.73 |
| Current Accrued Liabilities | 7,484.00 | 6,037.00 | 8,786.78 | 25,772.31 |
| Short-Term Debt | 2,758.00 | 1,502.00 | 2,882.93 | 1,666.98 |
| Other Current Liabilities | 21,557.00 | 21,603.00 | 23,141.75 | 12,278.09 |
| Non-Current Liabilities | 5,678.00 | 4,529.00 | 11,473.26 | 490,664.50 |
| Long-Term Debt | 3,014.00 | 867.00 | 3,763.23 | 3,600.23 |
| Other Non-Current Liabilities | 2,664.00 | 3,662.00 | 7,710.03 | 487,064.27 |
| Equity | 171,346.00 | 210,158.00 | 243,462.86 | -400,894.91 |
| Shareholders Equity | 170,389.00 | 206,359.00 | 237,064.13 | -400,809.94 |
| Capital Stock | 19.00 | 18.00 | 13.70 | 1.49 |
| Share Premium | 857,333.00 | 853,202.00 | 831,443.23 | 17,126.37 |
| Retained Earnings | -517,072.00 | -470,768.00 | -408,043.78 | -217,590.44 |
| Treasury Shares | 639.00 | 62.00 | 661.52 | 0 |
| Accumulated Other Comprehensive Income | -169,252.00 | -176,031.00 | -185,687.51 | -200,347.36 |
| Minority Interest | 957.00 | 3,799.00 | 6,398.73 | -84.97 |
| Debt | 5,772.00 | 2,369.00 | 6,646.16 | 5,267.21 |
| Common Shares Outstanding | 12,844.95 | 12,205.20 | 9,132.21 | 7,398.62 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 30,621.00 | 21,743.00 | 13,164.00 | 12,532.74 |
| Cost Of Revenue | 15,221.00 | 12,913.00 | 9,546.00 | 8,930.15 |
| Interest Income | 2,039.00 | 3,924.00 | 472.00 | 0.20 |
| Interest Expense | 203.00 | 120.00 | 242.00 | 42.23 |
| Non-Interest Expense | 55,366.00 | 49,681.00 | 64,081.00 | 53,670.78 |
| Gross Profit | 15,400.00 | 8,830.00 | 3,618.00 | 3,602.60 |
| Operating Expenses | 66,289.00 | 61,235.00 | 69,535.00 | 60,054.34 |
| Selling, General and Administrative Expenses | 55,366.00 | 49,681.00 | 64,081.00 | 53,670.78 |
| Research and Development Expenses | 10,923.00 | 11,662.00 | 5,989.00 | 6,391.49 |
| Other Operating Expenses | 0 | -108.00 | -535.00 | -7.93 |
| Operating Income | -50,889.00 | -52,405.00 | -65,917.00 | -56,451.74 |
| Net Non-Operating Income | 386.00 | 145.00 | -60,015.00 | -125,381.62 |
| EBT | -57,702.00 | -56,669.00 | -225,821.00 | -216,553.52 |
| Income Tax | -7,874.00 | -269.00 | -245.00 | 2,568.52 |
| Net Income Including Non-Controlling Interests | -49,806.00 | -64,777.00 | -190,454.00 | -174,016.84 |
| Net Income Non-Controlling Interests | 3,502.00 | 2,053.00 | 0 | 7.57 |
| Net Income | -46,304.00 | -62,724.00 | -190,454.00 | -174,009.27 |
| EBIT | -57,499.00 | -56,549.00 | -225,579.00 | -216,511.29 |
| Deprecation and Amortization | 5,929.00 | 7,794.00 | 7,543.00 | 7,346.64 |
| EBITDA | -51,570.00 | -48,755.00 | -218,036.00 | -209,164.65 |
| EPS | -0.00 | -0.01 | -0.04 | -0.02 |
| Diluted EPS | -0.00 | -0.01 | -0.04 | -0.02 |
| Average Shares Outstanding Basic | 12,494.65 | 11,246.01 | 5,069.31 | 7,398.62 |
| Average Shares Outstanding Diluted | 12,494.65 | 11,246.01 | 5,069.31 | 7,398.62 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -28,874.00 | -13,765.00 | 14,515.00 | 13,416.50 |
| Operating Net Income | -49,806.00 | -64,777.00 | -190,454.00 | -174,016.84 |
| Deprecation and Amortization | 5,929.00 | 7,794.00 | 7,543.00 | 7,346.64 |
| Deferred Income Tax | -7,874.00 | -386.00 | 7,147.00 | 3,732.74 |
| Share Based Compensation | 11,978.00 | 10,589.00 | 121,127.00 | 22,494.92 |
| Change in Working Capital | 1,965.00 | 24,210.00 | -33,763.00 | -6,591.43 |
| Other Operating Activities | 8,934.00 | 8,805.00 | 102,915.00 | 160,450.47 |
| Investing Cash Flow | 38,541.00 | -82,952.00 | -46,145.00 | -22,021.58 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -964.00 | -246.00 | -4,898.00 | -7,833.42 |
| Net Purchase/Sale of Investments Net | 15,871.00 | -6,082.00 | -36,915.00 | -10,000.00 |
| Net Purchase/Sale of Business | 21,654.00 | -80,000.00 | -3,419.00 | 0 |
| Other Investing Activities | 1,980.00 | 3,376.00 | -913.00 | -4,188.16 |
| Financing Cash Flow | -3,343.00 | -4,704.00 | 143,318.00 | 29,316.94 |
| Net Issuance/Repayment of Debt | -2,563.00 | -3,235.00 | -1,878.00 | -1,299.03 |
| Net Issuance/Repurchase of Equity | 0 | -1,228.00 | -545.00 | 25,970.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | -241.00 | 145,741.00 | 4,645.97 |
| Net Change in Cash | 6,324.00 | -101,421.00 | 111,688.00 | 20,711.86 |
| Cash at Beginning of Period | 45,706.00 | 146,660.00 | 35,289.00 | 14,489.88 |
| Cash at End of Period | 52,251.00 | 45,706.00 | 146,660.00 | 35,288.95 |
| Free Cash Flow | -29,939.00 | -14,677.00 | 8,172.00 | 2,004.24 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 196,507.00 | 199,106.00 | 204,015.00 | 213,575.00 | 235,766.47 |
| Current Assets | 89,777.00 | 99,365.00 | 78,024.00 | 86,148.00 | 69,119.58 |
| Cash and Short-Term Investments | 23,726.00 | 27,711.00 | 58,528.00 | 62,813.00 | 42,832.26 |
| Cash and Cash Equivalents | 13,264.00 | 17,249.00 | 47,966.00 | 52,251.00 | 31,939.16 |
| Short-Term Investments | 10,462.00 | 10,462.00 | 10,562.00 | 10,562.00 | 10,893.09 |
| Net Receivables | 9,209.00 | 10,017.00 | 11,394.00 | 5,605.00 | 11,706.44 |
| Inventory | 5,341.00 | 4,297.00 | 6,610.00 | 6,566.00 | 8,932.41 |
| Other Current Assets | 51,501.00 | 57,340.00 | 1,492.00 | 11,164.00 | 5,648.47 |
| Non-Current Assets | 106,730.00 | 99,741.00 | 125,991.00 | 127,427.00 | 166,646.89 |
| Property, Plant, Equipment Net | 2,212.00 | 2,744.00 | 7,073.00 | 7,811.00 | 9,238.07 |
| Goodwill | 8,194.00 | 8,194.00 | 37,364.00 | 37,364.00 | 37,363.81 |
| Intangible Assets | 170.00 | 20,558.00 | 11,333.00 | 11,574.00 | 11,987.71 |
| Long-Term Investments | 67,368.00 | 67,796.00 | 68,987.00 | 69,326.00 | 106,946.92 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 1,352.00 | 1,110.39 |
| Liabilities | 35,305.00 | 48,214.00 | 42,899.00 | 42,229.00 | 55,670.41 |
| Current Liabilities | 33,612.00 | 46,058.00 | 37,696.00 | 36,551.00 | 49,317.51 |
| Payables and Expenses | 16,647.00 | 13,663.00 | 14,381.00 | 12,236.00 | 24,348.21 |
| Account Payables | 5,920.00 | 4,958.00 | 4,137.00 | 3,668.00 | 8,740.59 |
| Current Accrued Liabilities | 10,727.00 | 8,692.00 | 10,231.00 | 7,484.00 | 8,174.01 |
| Short-Term Debt | 1,426.00 | 1,526.00 | 2,604.00 | 2,758.00 | 2,849.97 |
| Other Current Liabilities | 15,539.00 | 30,869.00 | 20,711.00 | 21,557.00 | 22,119.33 |
| Non-Current Liabilities | 1,693.00 | 2,156.00 | 5,203.00 | 5,678.00 | 6,352.90 |
| Long-Term Debt | 679.00 | 1,048.00 | 2,546.00 | 3,014.00 | 3,637.75 |
| Other Non-Current Liabilities | 1,014.00 | 1,108.00 | 2,657.00 | 2,664.00 | 2,715.15 |
| Equity | 161,202.00 | 150,892.00 | 161,116.00 | 171,346.00 | 180,096.06 |
| Shareholders Equity | 161,292.00 | 150,982.00 | 160,882.00 | 170,389.00 | 178,678.82 |
| Capital Stock | 21.00 | 20.00 | 20.00 | 19.00 | 19.09 |
| Share Premium | 0 | 0 | 0 | 857,333.00 | 0 |
| Retained Earnings | 0 | 0 | 0 | -517,072.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 639.00 | 0 |
| Accumulated Other Comprehensive Income | 161,271.00 | 150,962.00 | 160,862.00 | -169,252.00 | 178,659.72 |
| Minority Interest | -90.00 | -90.00 | 234.00 | 957.00 | 1,417.24 |
| Debt | 2,105.00 | 2,574.00 | 5,150.00 | 5,772.00 | 6,487.72 |
| Common Shares Outstanding | 14,105.80 | 13,033.98 | 13,033.98 | 12,844.95 | 12,844.95 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 23,555.00 | 17,680.00 | 17,312.00 | 10,488.10 | 3,528.00 | 0 |
| Cost Of Revenue | 9,531.00 | 10,391.00 | 9,970.00 | 6,586.48 | 1,610.00 | 0 |
| Interest Expense | 55.00 | 65.00 | 69.00 | 78.63 | 63.00 | 0 |
| Non-Interest Expense | 19,413.00 | 15,946.00 | 15,870.00 | 19,184.66 | 9,121.00 | 0 |
| Gross Profit | 14,024.00 | 7,289.00 | 7,342.00 | 3,901.61 | 1,918.00 | 0 |
| Operating Expenses | 20,583.00 | 17,158.00 | 18,286.00 | 21,763.04 | 11,264.00 | 0 |
| Selling, General and Administrative Expenses | 19,413.00 | 15,946.00 | 15,870.00 | 19,184.66 | 9,121.00 | 0 |
| Research and Development Expenses | 1,170.00 | 1,212.00 | 2,416.00 | 2,578.38 | 2,143.00 | 0 |
| Operating Income | -6,559.00 | -9,869.00 | -10,944.00 | -17,861.42 | -9,346.00 | 0 |
| Net Non-Operating Income | 395.00 | -196.00 | 312.00 | -1,065.38 | -171.00 | 0 |
| EBT | -6,779.00 | -10,954.00 | -11,073.00 | -24,968.78 | -9,854.00 | 0 |
| Income Tax | 9.00 | -33.00 | -64.00 | -7,423.52 | 9.00 | 0 |
| Net Income Including Non-Controlling Interests | -8,693.00 | -12,727.00 | -11,016.00 | -17,541.84 | -12,067.00 | 0 |
| Net Income Non-Controlling Interests | 1,285.00 | 317.00 | 626.00 | 1,200.13 | 1,395.00 | 0 |
| Net Income | -7,408.00 | -12,410.00 | -10,390.00 | -16,341.72 | -10,672.00 | 0 |
| EBIT | -6,724.00 | -10,889.00 | -11,004.00 | -24,890.15 | -9,791.00 | 0 |
| EBITDA | -6,724.00 | -10,889.00 | -11,004.00 | -24,890.15 | -9,791.00 | 0 |
| EPS | -0.00 | -0.00 | -0.00 | 0 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 13,895.39 | 13,247.32 | 13,002.98 | 0 | 12,722.81 | 13,003.88 |
| Average Shares Outstanding Diluted | 13,895.39 | 13,247.32 | 13,002.98 | 0 | 12,722.81 | 13,003.88 |
| Breakdown |
|---|
| Operating Cash Flow |
| Operating Net Income |
| Deprecation and Amortization |
| Deferred Income Tax |
| Share Based Compensation |
| Change in Working Capital |
| Other Operating Activities |
| Investing Cash Flow |
| Capital Expenditure |
| Net Purchase/Sale of PPE |
| Net Purchase/Sale of Investments Net |
| Net Purchase/Sale of Business |
| Other Investing Activities |
| Financing Cash Flow |
| Net Issuance/Repayment of Debt |
| Net Issuance/Repurchase of Equity |
| Dividends Paid |
| Other Financing Activities |
| Net Change in Cash |
| Cash at Beginning of Period |
| Cash at End of Period |
| Free Cash Flow |