Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -37.90 -5.65 -10.52 -20.82 18.53
Price to Sales 1.04 0.37 0.62 0.99 1.17
Book Value Per Common Share -2.15 -0.96 -1.37 -1.46
Price to Book -5.46 -3.71 -3.84 -4.81
Price to Operating Cash Flow 10.71 3.43 5.84 54.29 10.04
Price to Free Cash Flow
Enterprise Value to EBITDA 49409.89 15608.31 14838.13 31016.82 17204.82
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 11.64 32.42 68.15 -26.27 -16.00 -32.70 -6.89 -11.68 -23.93 -12.89 -15.00 -52.27 -13.92 -19.59
Price to Sales 0.77 1.32 2.38 0.82 0.97 1.24 0.46 0.77 1.52 0.73 0.81 2.95 1.26 2.20 4.14
Book Value Per Common Share -1.35 -1.83 -1.99 -2.15 -2.15 -2.27 -2.11 -0.96 -1.78 -1.64 -1.50 -1.37 -1.46
Price to Book -5.10 -4.25 -3.43 -5.46 -3.17 -2.33 -1.55 -3.71 -1.82 -2.21 -2.39 -3.84 -4.81
Price to Operating Cash Flow 8.63 22.66 53.92 8.60 9.79 19.17 3.49 6.04 10.14 6.99 8.55 47.02 -181.52 -11.60 -34.96
Price to Free Cash Flow
Enterprise Value to EBITDA 38801.83 62218.87 114453.49 38479.56 47550.33 22741.71 9616.34 17318.48 36203.12 18072.96 20981.67 78288.80 47461.59 83866.53 151923.80

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 16.87 13.86 28.89 27.34
EBITDA YoY -47.51 30.22 53.90 -36.47
Net Profit YoY
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 145.83 140.00
Revenue YoY 52.02 106.75 53.35 106.88 51.46 98.52 52.06 108.61 55.62 110.34
EBITDA YoY 45.01 110.49 62.21 -22.64 61.41 111.14 57.44 113.40 71.19 103.75
Net Profit YoY 144.09 131.58 -72.40

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.75 0.66 0.37 0.28 0.14
Quick Ratio 0.12 0.13 0.17 0.14 0.35
Current Ratio 1.05 1.03 1.04 1.03 0.91
Debt to Equity -12.07 13.35 9.34 8.26 -5.24
Long-Term Debt to Equity -5.70 5.78 4.60 4.27 -3.73
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 0.72 0.64 0.60 0.76 0.53 0.44 0.44 0.33 0.31 0.22 0.20 0.38 0.16 0.28 0.17 0.26 0.49 0.16 0.09 0.14
Quick Ratio 0.12 0.11 0.12 0.12 0.12 0.11 0.12 0.13 0.11 0.10 0.13 0.17 0.14 0.15 0.15 0.14 0.15 0.74 0.42 0.35
Current Ratio 1.06 1.06 1.06 1.05 1.04 1.03 1.04 1.03 1.02 1.00 1.01 1.04 1.03 1.04 1.03 1.03 1.02 1.03 0.87 0.91
Debt to Equity -21.43 -15.07 -13.09 -12.07 -30.90 -26.91 13.38 13.35 12.24 12.19 10.88 9.34 9.13 8.73 8.41 8.26 9.12 12.76 -5.01 -5.24
Long-Term Debt to Equity -9.41 -6.54 -6.04 -5.70 -14.06 -12.77 5.79 5.78 5.38 5.18 4.97 4.60 4.55 4.42 4.28 4.27 4.81 10.14 -3.60 -3.73

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -1.31 -3.04 -2.84 -1.82 6.14
ROE 14.52 -43.59 -29.39 -16.89 -26.03
Gross Margin -88.54 36.43 34.19 30.11 31.40
Operating Margin 14.29 37.41 29.98 24.37 58.12
EBITDA Margin 20.87 46.46 40.63 34.02 68.20
Net Profit Margin -2.71 -6.49 -5.88 -4.79 6.35
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 2.11 0.94 0.44 -1.15 -1.53 -0.50 -2.33 -1.58 -0.82 -2.02 -1.25 -0.65 -0.95 -2.74 -0.67
ROE -43.07 -13.28 -5.29 34.31 39.76 -7.19 -30.89 -20.82 -9.70 -20.46 -12.15 -6.09 -9.63 -37.77 2.69
Gross Margin -22.62 -22.98 -22.66 37.41 37.17 37.15 36.38 35.41 34.08 34.13 33.61 33.78 28.67 27.95 27.74
Operating Margin 14.37 15.44 14.93 14.19 12.66 45.60 36.84 33.75 31.20 28.18 26.78 25.51 20.40 18.11 19.27
EBITDA Margin 20.43 21.41 21.03 20.97 19.82 53.02 46.42 43.56 40.96 39.01 37.68 36.83 29.06 26.42 27.27
Net Profit Margin 6.59 4.10 3.66 -3.09 -6.03 -3.91 -6.55 -6.58 -6.38 -5.61 -5.32 -5.70 -3.43 -5.10 -2.36

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 1,826,860.00 1,615,337.00 1,373,363.00 1,351,942.00 417,829.00
   Current Assets 1,105,085.00 881,294.00 652,470.00 603,132.00 135,884.00
      Cash and Short-Term Investments 58,600.00 51,527.00 29,036.00 20,300.00 9,241.00
            Cash and Cash Equivalents 58,600.00 51,527.00 29,036.00 20,300.00 9,241.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 71,607.00 60,019.00 79,584.00 58,695.00 43,511.00
      Inventory 7,100.00 0 0 0 0
      Other Current Assets 967,778.00 769,748.00 543,850.00 524,137.00 83,132.00
   Non-Current Assets 721,775.00 734,043.00 720,893.00 748,810.00 281,945.00
      Property, Plant, Equipment Net 59,782.00 50,107.00 39,280.00 31,495.00 22,875.00
      Goodwill 376,091.00 376,103.00 369,337.00 365,740.00 106,832.00
      Intangible Assets 240,874.00 273,350.00 288,794.00 340,211.00 98,057.00
      Long-Term Investments 4,919.00 3,728.00 3,191.00 105.00 5,527.00
      Non-Current Deferred Assets 24,697.00 22,533.00 16,447.00 8,265.00 46,697.00
      Other Non-Current Assets 15,412.00 8,222.00 3,844.00 2,994.00 1,957.00
Liabilities 1,991,885.00 1,502,796.00 1,240,570.00 1,206,021.00 516,393.00
   Current Liabilities 1,051,671.00 852,068.00 630,001.00 583,567.00 148,848.00
      Payables and Expenses 62,149.00 52,643.00 51,864.00 42,523.00 29,821.00
            Account Payables 14,590.00 0 0 0 0
            Current Accrued Liabilities 2,908,560.00 2,359,429.00 1,149,459.00 1,097,014.00 169,580.00
      Short-Term Debt 9,503.00 6,712.00 6,200.00 6,200.00 19,442.00
      Other Current Liabilities 980,019.00 792,713.00 571,937.00 534,844.00 99,585.00
   Non-Current Liabilities 940,214.00 650,728.00 610,569.00 622,454.00 367,545.00
      Long-Term Debt 920,888.00 631,965.00 598,926.00 604,105.00 357,873.00
      Other Non-Current Liabilities 19,326.00 18,763.00 11,643.00 18,349.00 9,672.00
Equity -165,025.00 112,541.00 132,793.00 145,921.00 -98,564.00
   Shareholders Equity -166,840.00 -147,718.00 -104,041.00 0 -98,564.00
      Capital Stock 77.00 77.00 76.00 77.00 68.00
      Share Premium 0 0 9,650.00 39,835.00 5,769.00
      Retained Earnings -147,134.00 -134,951.00 -102,208.00 -100,058.00 -102,013.00
      Treasury Shares 19,607.00 12,815.00 11,559.00 4,091.00 2,388.00
      Accumulated Other Comprehensive Income -176.00 -29.00 0 0 0
   Minority Interest 1,815.00 1,654.00 1,255.00 0 0
Investments 4,919.00 3,728.00 3,191.00 105.00 5,527.00
Debt 930,391.00 638,677.00 605,126.00 610,305.00 377,315.00
Net Debt 871,791.00 587,150.00 576,090.00 590,005.00 368,074.00
Common Shares Outstanding 77,479.91 153,913.89 76,044.63 76,739.90 67,391.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 883,098.00 755,612.00 663,641.00 514,901.00 404,342.00
Cost Of Revenue 1,665,007.00 480,307.00 436,753.00 359,885.00 277,374.00
Gross Profit -781,909.00 275,305.00 226,888.00 155,016.00 126,968.00
Operating Expenses -915,330.00 -5,654.00 28,547.00 29,048.00 42,702.00
   Selling, General and Administrative Expenses 47,403.00 45,412.00 34,965.00 28,408.00 25,825.00
   Other Operating Expenses -962,733.00 -51,066.00 -6,418.00 640.00 16,877.00
Operating Income 133,421.00 280,959.00 198,341.00 125,968.00 84,266.00
Net Non-Operating Income -96,140.00 -74,372.00 -52,965.00 -36,962.00 61,097.00
Interest Income 0 0 0 36,485.00 0
Interest Expense 88,948.00 76,108.00 53,554.00 36,485.00 89,639.00
Net Interest 0 0 0 36,485.00 0
EBT 37,281.00 206,587.00 145,376.00 89,006.00 145,363.00
Income Tax 13,266.00 8,463.00 5,350.00 5,258.00 10,899.00
Net Income Including Non-Controlling Interests 24,015.00 -3,933.00 -6,450.00 4,167.00 143,843.00
Net Income Non-Controlling Interests -47,975.00 -45,122.00 -32,580.00 -28,808.00 -118,182.00
Net Income -23,960.00 -49,055.00 -39,030.00 -24,641.00 25,661.00
EBIT 126,229.00 282,695.00 198,930.00 125,491.00 235,002.00
Deprecation and Amortization 58,041.00 68,395.00 70,681.00 49,697.00 40,775.00
EBITDA 184,270.00 351,090.00 269,611.00 175,188.00 275,777.00
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 77,993.00 78,333.00 78,233.00 71,902.00 67,158.00
Average Shares Outstanding Diluted 77,993.00 78,333.00 78,233.00 71,902.00 67,263.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 85,609.00 81,256.00 70,518.00 9,377.00 47,072.00
   Operating Net Income 24,015.00 -3,933.00 -6,450.00 4,167.00 143,843.00
   Deprecation and Amortization 58,041.00 68,395.00 70,681.00 49,697.00 40,775.00
   Deferred Income Tax -2,194.00 -6,086.00 -8,183.00 -2,559.00 5,905.00
   Share Based Compensation 6,118.00 6,769.00 6,228.00 3,232.00 2,430.00
   Change in Working Capital 31,916.00 -20,347.00 36,871.00 34,997.00 3,797.00
   Other Operating Activities -32,287.00 36,458.00 -28,629.00 -80,157.00 -149,678.00
Investing Cash Flow -35,546.00 -55,748.00 -36,503.00 -451,033.00 166,396.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 32,185.00 27,902.00 26,865.00 59,182.00 13,020.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 28,222.00 4,976.00 422,407.00 179,416.00
   Other Investing Activities -67,731.00 -111,872.00 -68,344.00 -932,622.00 -26,040.00
Financing Cash Flow 147,578.00 210,105.00 8,502.00 871,629.00 -175,813.00
   Net Issuance/Repayment of Debt 1,603,961.00 156,578.00 67,700.00 1,288,343.00 136,012.00
   Net Issuance/Repurchase of Equity 1,816.00 1,256.00 7,468.00 2,899.00 0
   Dividends Paid 23,646.00 24,718.00 11,459.00 7,460.00 0
   Other Financing Activities -1,481,845.00 27,553.00 -78,125.00 -427,073.00 -311,825.00
Net Change in Cash 197,641.00 235,613.00 42,517.00 429,973.00 37,655.00
   Cash at Beginning of Period 796,223.00 560,610.00 518,093.00 88,120.00 50,465.00
   Cash at End of Period 993,864.00 796,223.00 560,610.00 518,093.00 88,120.00
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 2,217,132.00 2,027,420.00 1,891,658.00 1,826,860.00 1,759,669.00 1,673,429.00 1,609,957.00 1,615,337.00 1,563,399.00 1,532,280.00 1,445,985.00 1,373,363.00 1,349,749.00 1,361,303.00 1,350,339.00 1,351,942.00 1,335,184.00 442,876.00 400,492.00 417,829.00
   Current Assets 1,386,600.00 1,305,885.00 1,164,584.00 1,105,085.00 1,028,894.00 937,058.00 882,346.00 881,294.00 826,624.00 817,897.00 729,106.00 652,470.00 628,417.00 627,429.00 611,654.00 603,132.00 580,681.00 86,334.00 122,778.00 135,884.00
      Cash and Short-Term Investments 56,978.00 50,564.00 47,587.00 58,600.00 41,072.00 34,626.00 34,290.00 51,527.00 24,595.00 17,567.00 15,882.00 29,036.00 12,707.00 22,162.00 13,557.00 20,300.00 34,232.00 11,111.00 5,827.00 9,241.00
            Cash and Cash Equivalents 56,978.00 50,564.00 47,587.00 58,600.00 41,072.00 34,626.00 34,290.00 51,527.00 24,595.00 17,567.00 15,882.00 29,036.00 12,707.00 22,162.00 13,557.00 20,300.00 34,232.00 11,111.00 5,827.00 9,241.00
            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 94,179.00 89,312.00 82,511.00 71,607.00 75,960.00 67,934.00 69,109.00 60,019.00 62,695.00 62,660.00 79,623.00 79,584.00 70,674.00 71,218.00 73,515.00 58,695.00 52,803.00 50,826.00 52,715.00 43,511.00
      Inventory 0 0 0 7,100.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,235,443.00 1,166,009.00 1,034,486.00 967,778.00 911,862.00 834,498.00 778,947.00 769,748.00 739,334.00 737,670.00 633,601.00 543,850.00 545,036.00 534,049.00 524,582.00 524,137.00 493,646.00 24,397.00 64,236.00 83,132.00
   Non-Current Assets 830,532.00 721,535.00 727,074.00 721,775.00 730,775.00 736,371.00 727,611.00 734,043.00 736,775.00 714,383.00 716,879.00 720,893.00 721,332.00 733,874.00 738,685.00 748,810.00 754,503.00 356,542.00 277,714.00 281,945.00
      Property, Plant, Equipment Net 59,306.00 57,529.00 53,718.00 59,782.00 51,603.00 49,800.00 48,120.00 50,107.00 41,851.00 38,984.00 36,976.00 39,280.00 29,773.00 26,749.00 25,397.00 31,495.00 24,915.00 24,245.00 23,791.00 22,875.00
      Goodwill 382,388.00 382,497.00 386,822.00 376,091.00 376,091.00 376,091.00 376,112.00 376,103.00 375,794.00 368,740.00 368,740.00 369,337.00 365,347.00 365,740.00 365,740.00 365,740.00 372,702.00 124,078.00 106,832.00 106,832.00
      Intangible Assets 302,435.00 225,035.00 231,560.00 240,874.00 248,819.00 258,632.00 261,658.00 273,350.00 285,490.00 269,428.00 277,478.00 288,794.00 301,729.00 316,964.00 325,084.00 340,211.00 346,695.00 145,836.00 91,062.00 98,057.00
      Long-Term Investments 11,875.00 6,704.00 6,473.00 4,919.00 3,727.00 4,998.00 4,549.00 3,728.00 3,616.00 3,018.00 3,066.00 3,191.00 2,072.00 2,049.00 2,027.00 105.00 3,500.00 3,500.00 5,084.00 5,527.00
      Non-Current Deferred Assets 50,428.00 27,015.00 26,933.00 24,697.00 25,477.00 25,556.00 24,405.00 22,533.00 18,879.00 26,066.00 22,163.00 16,447.00 12,058.00 11,319.00 11,493.00 8,265.00 3,462.00 47,578.00 48,996.00 46,697.00
      Other Non-Current Assets 24,100.00 22,755.00 21,568.00 15,412.00 25,058.00 21,294.00 12,767.00 8,222.00 11,145.00 8,147.00 8,456.00 3,844.00 10,353.00 11,053.00 8,944.00 2,994.00 3,229.00 11,305.00 1,949.00 1,957.00
Liabilities 2,325,646.00 2,171,554.00 2,048,083.00 1,991,885.00 1,818,519.00 1,738,020.00 1,498,002.00 1,502,796.00 1,445,358.00 1,416,141.00 1,324,316.00 1,240,570.00 1,216,518.00 1,221,426.00 1,206,855.00 1,206,021.00 1,203,278.00 410,688.00 500,247.00 516,393.00
   Current Liabilities 1,304,630.00 1,229,171.00 1,102,672.00 1,051,671.00 991,197.00 913,487.00 849,946.00 852,068.00 810,032.00 814,457.00 720,180.00 630,001.00 609,867.00 603,669.00 592,775.00 583,567.00 569,210.00 84,168.00 140,790.00 148,848.00
      Payables and Expenses 65,731.00 53,692.00 54,414.00 62,149.00 67,009.00 66,724.00 49,329.00 52,643.00 56,107.00 59,839.00 57,110.00 51,864.00 50,955.00 55,200.00 43,464.00 42,523.00 42,103.00 37,420.00 29,880.00 29,821.00
            Account Payables 0 0 0 14,590.00 0 0 0 0 0 0 0 0 0 0 0 0 0 6,094.00 0 0
            Current Accrued Liabilities 3,782,523.00 3,478,779.00 3,092,040.00 2,908,560.00 2,762,235.00 2,516,926.00 2,368,999.00 2,359,429.00 2,254,669.00 2,224,315.00 1,335,155.00 1,149,459.00 1,142,809.00 1,135,395.00 1,105,834.00 1,097,014.00 1,101,636.00 108,679.00 131,940.00 169,580.00
      Short-Term Debt 10,000.00 4,254.00 1,879.00 9,503.00 8,350.00 8,350.00 6,712.00 6,712.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 6,200.00 3,000.00 24,302.00 19,442.00
      Other Current Liabilities 1,228,899.00 1,171,225.00 1,046,379.00 980,019.00 915,838.00 838,413.00 793,905.00 792,713.00 747,725.00 748,418.00 656,870.00 571,937.00 552,712.00 542,269.00 543,111.00 534,844.00 520,907.00 43,748.00 86,608.00 99,585.00
   Non-Current Liabilities 1,021,016.00 942,383.00 945,411.00 940,214.00 827,322.00 824,533.00 648,056.00 650,728.00 635,326.00 601,684.00 604,136.00 610,569.00 606,651.00 617,757.00 614,080.00 622,454.00 634,068.00 326,520.00 359,457.00 367,545.00
      Long-Term Debt 997,549.00 917,017.00 918,944.00 920,888.00 808,081.00 809,045.00 631,352.00 631,965.00 616,781.00 589,932.00 592,279.00 598,926.00 593,068.00 602,224.00 598,403.00 604,105.00 619,957.00 318,187.00 350,667.00 357,873.00
      Other Non-Current Liabilities 23,467.00 25,366.00 26,467.00 19,326.00 19,241.00 15,488.00 16,704.00 18,763.00 18,545.00 11,752.00 11,857.00 11,643.00 13,583.00 15,533.00 15,677.00 18,349.00 14,111.00 8,333.00 8,790.00 9,672.00
Equity -108,514.00 -144,134.00 -156,425.00 -165,025.00 -58,850.00 -64,591.00 111,955.00 112,541.00 118,041.00 116,139.00 121,669.00 132,793.00 133,231.00 139,877.00 143,484.00 145,921.00 131,906.00 32,188.00 -99,755.00 -98,564.00
   Shareholders Equity -110,298.00 -146,115.00 -158,327.00 -166,840.00 -165,838.00 -172,107.00 -159,869.00 -147,718.00 -136,248.00 -125,444.00 -114,622.00 -104,041.00 0 0 0 0 0 0 0 -98,564.00
      Capital Stock 82.00 80.00 80.00 77.00 77.00 76.00 76.00 77.00 77.00 76.00 76.00 76.00 78.00 78.00 78.00 77.00 77.00 70.00 68.00 68.00
      Share Premium 12,827.00 3,629.00 1,669.00 0 0 0 0 0 0 0 328.00 9,650.00 17,719.00 26,042.00 32,992.00 39,835.00 44,640.00 14,913.00 7,257.00 5,769.00
      Retained Earnings -100,399.00 -127,987.00 -138,866.00 -147,134.00 -146,571.00 -153,472.00 -141,412.00 -134,951.00 -123,714.00 -112,974.00 -102,714.00 -102,208.00 -100,896.00 -100,104.00 -100,391.00 -100,058.00 -114,718.00 -114,169.00 -104,692.00 -102,013.00
      Treasury Shares 22,613.00 21,921.00 21,077.00 19,607.00 19,278.00 18,673.00 18,491.00 12,815.00 12,577.00 12,577.00 12,336.00 11,559.00 8,765.00 6,170.00 4,248.00 4,091.00 3,411.00 2,388.00 2,388.00 2,388.00
      Accumulated Other Comprehensive Income -195.00 84.00 -133.00 -176.00 -66.00 -38.00 -42.00 -29.00 -34.00 31.00 24.00 0 0 0 0 0 0 0 0 0
   Minority Interest 1,784.00 1,981.00 1,902.00 1,815.00 1,890.00 1,832.00 1,747.00 1,654.00 1,366.00 852.00 852.00 1,255.00 0 0 0 0 0 0 0 0
Investments 11,875.00 6,704.00 6,473.00 4,919.00 3,727.00 4,998.00 4,549.00 3,728.00 3,616.00 3,018.00 3,066.00 3,191.00 2,072.00 2,049.00 2,027.00 105.00 3,500.00 3,500.00 5,084.00 5,527.00
Debt 1,007,549.00 921,271.00 920,823.00 930,391.00 816,431.00 817,395.00 638,064.00 638,677.00 622,981.00 596,132.00 598,479.00 605,126.00 599,268.00 608,424.00 604,603.00 610,305.00 626,157.00 321,187.00 374,969.00 377,315.00
Net Debt 950,571.00 870,707.00 873,236.00 871,791.00 775,359.00 782,769.00 603,774.00 587,150.00 598,386.00 578,565.00 582,597.00 576,090.00 586,561.00 586,262.00 591,046.00 590,005.00 591,925.00 310,076.00 369,142.00 368,074.00
Common Shares Outstanding 81,821.30 79,897.66 79,711.64 77,479.91 77,092.56 75,967.54 75,834.52 153,913.89 76,633.52 76,531.70 76,404.63 76,044.63 75,981.19 76,568.50 76,842.09 76,739.90 76,571.98 69,110.09 67,640.17 67,391.00
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
Revenues 709,337.00 466,617.00 225,696.00 -400,842.00 652,635.00 425,586.00 205,719.00 -353,067.00 556,333.00 367,318.00 185,028.00 -295,353.00 486,086.00 319,669.00 153,239.00 -207,560.00 370,853.00 238,311.00 113,297.00
Cost Of Revenue 869,760.00 573,844.00 276,837.00 859,807.00 408,486.00 267,416.00 129,298.00 -232,835.00 353,929.00 237,247.00 121,966.00 -197,143.00 320,187.00 212,229.00 101,480.00 -158,199.00 264,527.00 171,694.00 81,863.00
Gross Profit -160,423.00 -107,227.00 -51,141.00 -1,260,649.00 244,149.00 158,170.00 76,421.00 -120,232.00 202,404.00 130,071.00 63,062.00 -98,210.00 165,899.00 107,440.00 51,759.00 -49,361.00 106,326.00 66,617.00 31,434.00
Operating Expenses -268,170.00 -177,202.00 -83,766.00 -1,140,408.00 144,867.00 96,973.00 -16,762.00 -16,642.00 -1,235.00 6,682.00 5,541.00 -35,340.00 29,246.00 21,923.00 12,718.00 -17,794.00 22,435.00 15,073.00 9,334.00
   Selling, General and Administrative Expenses 44,734.00 29,010.00 15,100.00 -20,419.00 34,620.00 22,207.00 10,995.00 -14,939.00 31,328.00 19,905.00 9,118.00 -16,414.00 27,027.00 16,849.00 7,503.00 -17,087.00 22,213.00 14,993.00 8,289.00
   Other Operating Expenses -312,904.00 -206,212.00 -98,866.00 -1,119,989.00 110,247.00 74,766.00 -27,757.00 -1,703.00 -32,563.00 -13,223.00 -3,577.00 -18,926.00 2,219.00 5,074.00 5,215.00 -707.00 222.00 80.00 1,045.00
Operating Income 107,747.00 69,975.00 32,625.00 -120,241.00 99,282.00 61,197.00 93,183.00 -103,590.00 203,639.00 123,389.00 57,521.00 -62,870.00 136,653.00 85,517.00 39,041.00 -31,567.00 83,891.00 51,544.00 22,100.00
Net Non-Operating Income -74,540.00 -44,155.00 -22,107.00 46,512.00 -72,491.00 -49,913.00 -20,248.00 32,134.00 -54,142.00 -34,877.00 -17,487.00 19,280.00 -36,971.00 -23,790.00 -11,484.00 30,142.00 -32,838.00 -24,829.00 -9,437.00
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36,485.00 0 0 0
Interest Expense 68,693.00 46,230.00 23,176.00 -40,358.00 65,836.00 42,590.00 20,880.00 -32,516.00 55,461.00 35,464.00 17,699.00 -19,133.00 37,282.00 23,870.00 11,535.00 -13,744.00 24,608.00 16,453.00 9,168.00
Net Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36,485.00 0 0 0
EBT 33,207.00 25,820.00 10,518.00 -73,729.00 26,791.00 11,284.00 72,935.00 -71,456.00 149,497.00 88,512.00 40,034.00 -43,590.00 99,682.00 61,727.00 27,557.00 -1,425.00 51,053.00 26,715.00 12,663.00
Income Tax 13,528.00 6,673.00 2,250.00 -4,409.00 9,996.00 5,097.00 2,582.00 -442.00 6,550.00 2,222.00 133.00 3,050.00 1,833.00 142.00 325.00 2,237.00 49.00 741.00 2,231.00
Net Income Including Non-Controlling Interests 46,735.00 19,147.00 24,804.00 -14,546.00 16,795.00 6,187.00 15,579.00 -92.00 -1,205.00 -1,118.00 -1,518.00 -4,567.00 -838.00 -46.00 -999.00 4,167.00 0 0 0
Net Income Non-Controlling Interests 0.00 0.00 -16,536.00 44,507.00 -36,987.00 -31,866.00 -23,629.00 23,473.00 -35,252.00 -23,060.00 -10,283.00 18,518.00 -26,415.00 -16,949.00 -7,734.00 -28,808.00 0 0 0
Net Income 46,735.00 19,147.00 8,268.00 29,961.00 -20,192.00 -25,679.00 -8,050.00 23,381.00 -36,457.00 -24,178.00 -11,801.00 13,951.00 -27,253.00 -16,995.00 -8,733.00 2,899.00 -12,705.00 -12,156.00 -2,679.00
EBIT 101,900.00 72,050.00 33,694.00 -114,087.00 92,627.00 53,874.00 93,815.00 -103,972.00 204,958.00 123,976.00 57,733.00 -62,723.00 136,964.00 85,597.00 39,092.00 -15,169.00 75,661.00 43,168.00 21,831.00
Deprecation and Amortization 42,992.00 27,870.00 13,777.00 -31,939.00 44,230.00 30,497.00 15,253.00 -38,984.00 53,303.00 36,028.00 18,048.00 -34,205.00 52,675.00 34,858.00 17,353.00 -11,289.00 32,123.00 19,793.00 9,070.00
EBITDA 144,892.00 99,920.00 47,471.00 -146,026.00 136,857.00 84,371.00 109,068.00 -142,956.00 258,261.00 160,004.00 75,781.00 -96,928.00 189,639.00 120,455.00 56,445.00 -26,458.00 107,784.00 62,961.00 30,901.00
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
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
Average Shares Outstanding Basic 79,366.00 78,878.00 78,774.00 78,163.00 77,910.00 77,878.00 78,021.00 78,716.00 78,270.00 78,213.00 78,133.00 77,343.00 78,392.00 78,600.00 78,597.00 149,394.00 69,689.00 68,525.00 0
Average Shares Outstanding Diluted 80,383.00 79,968.00 79,857.00 78,163.00 77,910.00 77,878.00 78,021.00 78,716.00 78,270.00 78,213.00 78,133.00 77,343.00 78,392.00 78,600.00 78,597.00 149,394.00 69,689.00 68,525.00 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
Operating Cash Flow 63,161.00 27,080.00 9,956.00 -31,557.00 61,852.00 42,007.00 13,307.00 -65,958.00 72,680.00 46,857.00 27,677.00 -19,987.00 50,558.00 30,334.00 9,613.00 70,494.00 -2,567.00 -45,124.00 -13,426.00
   Operating Net Income 46,735.00 19,147.00 24,804.00 -14,546.00 16,795.00 6,187.00 15,579.00 -92.00 -1,205.00 -1,118.00 -1,518.00 -4,567.00 -838.00 -46.00 -999.00 37,065.00 -12,705.00 -12,156.00 -8,037.00
   Deprecation and Amortization 42,992.00 27,870.00 13,777.00 -31,939.00 44,230.00 30,497.00 15,253.00 -38,984.00 53,303.00 36,028.00 18,048.00 -34,205.00 52,675.00 34,858.00 17,353.00 -11,289.00 32,123.00 19,793.00 9,070.00
   Deferred Income Tax -16,090.00 -2,318.00 -2,236.00 5,645.00 -2,944.00 -3,023.00 -1,872.00 11,681.00 -2,432.00 -9,619.00 -5,716.00 1,664.00 -3,567.00 -3,053.00 -3,227.00 2,708.00 -160.00 -3,446.00 -1,661.00
   Share Based Compensation 7,119.00 4,792.00 1,586.00 -3,855.00 4,878.00 3,462.00 1,633.00 -4,032.00 5,183.00 3,682.00 1,936.00 -2,634.00 4,204.00 3,100.00 1,558.00 883.00 2,349.00 0 0
   Change in Working Capital 34,081.00 16,862.00 1,825.00 -52,758.00 40,653.00 32,115.00 11,906.00 3,675.00 -6,742.00 -12,680.00 -4,600.00 -37,176.00 28,546.00 28,211.00 17,290.00 -25,091.00 20,432.00 20,924.00 18,732.00
   Other Operating Activities -51,676.00 -39,273.00 -29,800.00 65,896.00 -41,760.00 -27,231.00 -29,192.00 -38,206.00 24,573.00 30,564.00 19,527.00 56,931.00 -30,462.00 -32,736.00 -22,362.00 66,218.00 -44,606.00 -70,239.00 -31,530.00
Investing Cash Flow -151,898.00 -21,145.00 -9,715.00 17,455.00 -24,734.00 -20,598.00 -7,669.00 16,141.00 -51,224.00 -13,082.00 -7,583.00 3,038.00 -21,095.00 -12,735.00 -5,711.00 100,618.00 -462,878.00 -83,082.00 -5,691.00
   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 69,469.00 15,263.00 5,095.00 -18,135.00 24,518.00 19,192.00 6,610.00 -15,636.00 23,193.00 12,584.00 7,761.00 -4,276.00 18,095.00 9,735.00 3,311.00 -50,833.00 55,749.00 48,575.00 5,691.00
   Net Purchase/Sale of Investments Net 1,925.00 1,290.00 0 0 0 0 0 0 0 0 0 0 -250.00 250.00 0 0 0 34,507.00 0
   Net Purchase/Sale of Business 77,369.00 4,452.00 4,473.00 0 0 0 0 40.00 28,182.00 0 0 4,976.00 0 0 0 15,278.00 407,129.00 0 0
   Other Investing Activities -300,661.00 -42,150.00 -19,283.00 35,590.00 -49,252.00 -39,790.00 -14,279.00 31,737.00 -102,599.00 -25,666.00 -15,344.00 2,338.00 -38,940.00 -22,720.00 -9,022.00 170,680.00 -925,756.00 -166,164.00 -11,382.00
Financing Cash Flow 288,634.00 178,091.00 47,260.00 54,992.00 84,716.00 18,149.00 -10,279.00 -148,599.00 157,029.00 144,138.00 57,537.00 13,501.00 -8,099.00 562.00 2,538.00 -64,567.00 871,010.00 69,429.00 -4,243.00
   Net Issuance/Repayment of Debt 1,965,251.00 10,000.00 10,000.00 -1,368,949.00 1,486,660.00 1,484,572.00 1,678.00 56,353.00 72,150.00 20,525.00 7,550.00 -26,100.00 59,650.00 27,600.00 6,550.00 -421,881.00 997,193.00 708,171.00 4,860.00
   Net Issuance/Repurchase of Equity 413.00 334.00 110.00 1,816.00 0 0 0 479.00 0 0 777.00 715.00 4,674.00 2,079.00 0 -752.00 2,213.00 821.00 617.00
   Dividends Paid 0 0 0 -21,873.00 22,099.00 16,393.00 7,027.00 -22,533.00 17,908.00 17,908.00 11,435.00 -10,600.00 11,478.00 7,076.00 3,505.00 1,870.00 4,015.00 1,575.00 0
   Other Financing Activities -1,677,030.00 167,757.00 37,150.00 1,443,998.00 -1,424,043.00 -1,482,816.00 -18,984.00 -182,898.00 66,971.00 105,705.00 37,775.00 49,486.00 -83,901.00 -36,193.00 -7,517.00 356,196.00 -132,411.00 -641,138.00 -9,720.00
Net Change in Cash 199,897.00 184,026.00 47,501.00 40,890.00 121,834.00 39,558.00 -4,641.00 -198,416.00 178,485.00 177,913.00 77,631.00 -3,448.00 21,364.00 18,161.00 6,440.00 106,545.00 405,565.00 -58,777.00 -23,360.00
   Cash at Beginning of Period 993,864.00 993,864.00 993,864.00 952,974.00 796,223.00 796,223.00 796,223.00 994,639.00 560,610.00 560,610.00 560,610.00 564,058.00 518,093.00 518,093.00 518,093.00 411,548.00 88,120.00 88,120.00 88,120.00
   Cash at End of Period 1,193,761.00 1,177,890.00 1,041,365.00 993,864.00 918,057.00 835,781.00 791,582.00 796,223.00 739,095.00 738,523.00 638,241.00 560,610.00 539,457.00 536,254.00 524,533.00 518,093.00 493,685.00 29,343.00 64,760.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0