Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales 0.00 0.00 0.00 0.00
Book Value Per Common Share 3293000000.00 4250000000.00 4477000000.00 7643000000.00 8002000000.00
Price to Book 0.00 0.00 0.00 0.00
Price to Operating Cash Flow 0.00 0.00 0.00 0.00
Price to Free Cash Flow
Enterprise Value to EBITDA 31.70 2.85 1.79
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
Price to Sales 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
Book Value Per Common Share 1169000000.00 1183000000.00 3258000000.00 3293000000.00 4629000000.00 4253000000.00 4228000000.00 4250000000.00 4503000000.00 4528000000.00 4369000000.00 4477000000.00 5129000000.00 7547000000.00 7475000000.00 7643000000.00 8143000000.00 8108000000.00 7968000000.00 8002000000.00
Price to Book 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
Price to Operating Cash Flow 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
Price to Free Cash Flow
Enterprise Value to EBITDA 34.55 4.14 6.52 13.27 3.48 4.83 11.31 4.26 12.61 2.57 3.57 7.39

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY -4.78 -4.43 -12.92 -1.03
EBITDA YoY -91.89 29.23
Net Profit YoY -7.63
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
Revenue YoY 50.96 104.15 49.28 101.09 49.67 101.41 46.71 101.61 45.76 102.58
EBITDA YoY 47.79 100.00 36.70 141.90 175.33 43.81 105.42
Net Profit YoY 49.04 103.92 15.22 174.59 642.86 31.39 108.11

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 315000000.00 322000000.00 367000000.00 519000000.00 690000000.00
Quick Ratio 0.69 0.76 0.91 0.92 0.81
Current Ratio 1.12 1.17 1.44 1.50 1.30
Debt to Equity 1.94 1.70 1.71 1.08 1.04
Long-Term Debt to Equity 1.27 1.18 1.27 0.77 0.69
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 1328000000.00 330000000.00 295000000.00 315000000.00 314000000.00 330000000.00 326000000.00 322000000.00 292000000.00 658000000.00 430000000.00 367000000.00 526000000.00 422000000.00 531000000.00 519000000.00 637000000.00 745000000.00 646000000.00 690000000.00
Quick Ratio 1.63 0.87 0.81 0.69 0.54 0.59 0.62 0.76 0.63 0.85 0.94 0.91 0.78 0.75 0.64 0.92 0.71 0.77 0.75 0.81
Current Ratio 2.54 1.75 1.62 1.12 1.11 1.12 1.15 1.17 1.22 1.42 1.69 1.44 1.56 1.52 1.23 1.50 1.44 1.40 1.35 1.30
Debt to Equity 5.64 4.84 1.90 1.94 1.43 1.59 1.64 1.70 1.56 1.62 1.71 1.71 1.38 0.99 1.08 1.08 0.98 0.98 0.99 1.04
Long-Term Debt to Equity 4.58 3.79 1.48 1.27 0.96 1.12 1.16 1.18 1.13 1.22 1.37 1.27 1.01 0.72 0.71 0.77 0.67 0.68 0.69 0.69

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -10.81 1.36 -15.05 4.86 5.15
ROE -31.73 3.67 -40.84 10.14 10.47
Gross Margin 34.37 33.61 30.76 35.11 35.34
Operating Margin -8.54 6.82 -13.78 13.28 13.11
EBITDA Margin 1.42 16.71 -3.90 22.27 17.06
Net Profit Margin -11.88 1.68 -18.88 6.93 7.43
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 -26.47 -29.93 -0.43 1.36 0.93 0.45 3.29 2.77 1.01 -15.38 2.05 0.27 3.71 2.84 1.38
ROE -175.70 -174.74 -1.26 3.30 2.40 1.18 8.41 7.26 2.73 -36.61 4.08 0.55 7.34 5.61 2.74
Gross Margin 34.10 34.38 33.28 35.10 35.29 34.96 33.93 33.35 32.15 31.42 31.54 30.29 35.89 36.01 35.13
Operating Margin -36.86 -58.01 1.31 7.43 7.54 7.39 11.56 13.67 10.17 -20.78 12.98 6.75 13.91 14.64 14.24
EBITDA Margin -31.92 -53.05 6.30 15.86 16.02 16.11 20.06 21.96 18.29 -12.02 21.87 16.02 21.78 22.08 21.77
Net Profit Margin -37.56 -56.75 -2.20 2.45 2.45 2.42 5.84 7.58 5.56 -27.49 6.57 1.78 7.59 8.42 8.19

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 9,889,000.00 11,720,000.00 12,404,000.00 16,188,000.00 16,558,000.00
   Current Assets 2,504,000.00 2,639,000.00 2,908,000.00 3,699,000.00 3,704,000.00
      Cash and Short-Term Investments 315,000.00 322,000.00 367,000.00 519,000.00 690,000.00
            Cash and Cash Equivalents 315,000.00 322,000.00 367,000.00 519,000.00 690,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,223,000.00 1,396,000.00 1,464,000.00 1,744,000.00 1,602,000.00
      Inventory 901,000.00 860,000.00 1,035,000.00 1,472,000.00 1,119,000.00
      Other Current Assets 65,000.00 61,000.00 42,000.00 -36,000.00 293,000.00
   Non-Current Assets 7,385,000.00 9,081,000.00 9,496,000.00 12,489,000.00 12,854,000.00
      Property, Plant, Equipment Net 2,614,000.00 2,956,000.00 3,021,000.00 4,604,000.00 3,755,000.00
      Goodwill 2,204,000.00 3,151,000.00 3,470,000.00 5,968,000.00 6,034,000.00
      Intangible Assets 2,459,000.00 3,111,000.00 3,184,000.00 3,407,000.00 3,454,000.00
      Long-Term Investments 1,740,000.00 1,740,000.00 0 0 0
      Non-Current Deferred Assets 43,000.00 68,000.00 80,000.00 99,000.00 5,000.00
      Other Non-Current Assets -1,675,000.00 -1,945,000.00 -259,000.00 -1,589,000.00 -394,000.00
Liabilities 6,520,000.00 7,383,000.00 7,832,000.00 8,423,000.00 8,423,000.00
   Current Liabilities 2,233,000.00 2,251,000.00 2,016,000.00 2,470,000.00 2,839,000.00
      Payables and Expenses 1,596,000.00 1,776,000.00 1,800,000.00 2,450,000.00 2,429,000.00
            Account Payables 722,000.00 838,000.00 832,000.00 1,271,000.00 1,127,000.00
            Current Accrued Liabilities 874,000.00 938,000.00 968,000.00 1,179,000.00 1,302,000.00
      Short-Term Debt 585,000.00 424,000.00 216,000.00 20,000.00 410,000.00
      Other Current Liabilities 52,000.00 51,000.00 0.00 0.00 0.00
   Non-Current Liabilities 4,287,000.00 5,132,000.00 5,816,000.00 5,953,000.00 5,584,000.00
      Long-Term Debt 3,788,000.00 4,399,000.00 4,721,000.00 5,023,000.00 4,549,000.00
      Other Non-Current Liabilities 499,000.00 733,000.00 1,095,000.00 930,000.00 1,035,000.00
Equity 3,369,000.00 4,337,000.00 4,572,000.00 7,765,000.00 8,135,000.00
   Shareholders Equity 3,293,000.00 4,250,000.00 4,477,000.00 7,643,000.00 8,002,000.00
      Capital Stock 0 0 0 0 0
      Share Premium 11,201,000.00 10,901,000.00 10,869,000.00 10,687,000.00 10,741,000.00
      Retained Earnings -7,538,000.00 -6,361,000.00 -6,080,000.00 -2,898,000.00 -2,722,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -370,000.00 -290,000.00 -312,000.00 -146,000.00 -17,000.00
   Minority Interest 76,000.00 87,000.00 95,000.00 122,000.00 133,000.00
Investments 1,740,000.00 1,740,000.00 102,000.00 99,000.00 124,000.00
Debt 4,373,000.00 4,823,000.00 4,937,000.00 5,043,000.00 4,959,000.00
Net Debt 4,058,000.00 4,501,000.00 4,570,000.00 4,524,000.00 4,269,000.00
Common Shares Outstanding 0.00 0.00 0.00 0.00 0.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 8,997,000.00 9,449,000.00 9,887,000.00 11,354,000.00 11,472,000.00
Cost Of Revenue 5,905,000.00 6,273,000.00 6,846,000.00 7,368,000.00 7,418,000.00
Gross Profit 3,092,000.00 3,176,000.00 3,041,000.00 3,986,000.00 4,054,000.00
Operating Expenses 3,862,000.00 2,531,000.00 4,440,000.00 2,479,000.00 2,487,000.00
   Selling, General and Administrative Expenses 312,000.00 289,000.00 298,000.00 288,000.00 208,000.00
   Other Operating Expenses 3,550,000.00 2,242,000.00 4,142,000.00 2,191,000.00 2,279,000.00
Operating Income -770,000.00 645,000.00 -1,399,000.00 1,507,000.00 1,567,000.00
Net Non-Operating Income -249,000.00 -229,000.00 -191,000.00 -248,000.00 -320,000.00
Interest Expense 251,000.00 228,000.00 228,000.00 249,000.00 257,000.00
Net Interest -251,000.00 -228,000.00 -228,000.00 -249,000.00 -257,000.00
EBT -1,019,000.00 416,000.00 -1,590,000.00 1,259,000.00 1,247,000.00
Income Tax 3,000.00 205,000.00 220,000.00 408,000.00 348,000.00
Equity Method Investments Income 0 0 0 -2,000.00 -30,000.00
Net Income Including Non-Controlling Interests -1,116,000.00 107,000.00 -1,924,000.00 723,000.00 794,000.00
Net Income Non-Controlling Interests 47,000.00 52,000.00 57,000.00 64,000.00 58,000.00
Net Income -1,069,000.00 159,000.00 -1,867,000.00 787,000.00 852,000.00
EBIT -768,000.00 644,000.00 -1,362,000.00 1,508,000.00 1,504,000.00
Deprecation and Amortization 896,000.00 935,000.00 976,000.00 1,021,000.00 453,000.00
EBITDA 128,000.00 1,579,000.00 -386,000.00 2,529,000.00 1,957,000.00
EPS 0 0 0 0 0
Average Shares Outstanding Basic 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 535,000.00 1,094,000.00 409,000.00 1,169,000.00 2,234,000.00
   Operating Net Income -1,022,000.00 211,000.00 -1,810,000.00 851,000.00 0
   Deprecation and Amortization 896,000.00 935,000.00 976,000.00 1,021,000.00 453,000.00
   Deferred Income Tax -225,000.00 55,000.00 -61,000.00 -81,000.00 -9,000.00
   Share Based Compensation 20,000.00 37,000.00 36,000.00 44,000.00 37,000.00
   Change in Working Capital -197,000.00 -209,000.00 -902,000.00 366,000.00 -229,000.00
   Other Operating Activities 1,063,000.00 65,000.00 2,170,000.00 -1,032,000.00 1,982,000.00
Investing Cash Flow -206,000.00 -47,000.00 638,000.00 -255,000.00 -279,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 6,000.00 227,000.00 216,000.00 210,000.00 218,000.00
   Net Purchase/Sale of Investments Net 2,000.00 2,000.00 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -214,000.00 -276,000.00 422,000.00 -465,000.00 -497,000.00
Financing Cash Flow -321,000.00 -1,088,000.00 -1,165,000.00 -1,057,000.00 -1,854,000.00
   Net Issuance/Repayment of Debt 3,691,000.00 2,506,000.00 4,780,000.00 1,107,000.00 1,236,000.00
   Net Issuance/Repurchase of Equity 831,000.00 0 0 0 0
   Dividends Paid 159,000.00 490,000.00 1,338,000.00 1,023,000.00 62,000.00
   Other Financing Activities -5,002,000.00 -4,084,000.00 -7,283,000.00 -3,187,000.00 -3,152,000.00
Net Change in Cash -7,000.00 -45,000.00 -152,000.00 -171,000.00 121,000.00
   Cash at Beginning of Period 322,000.00 367,000.00 519,000.00 690,000.00 0
   Cash at End of Period 315,000.00 322,000.00 367,000.00 519,000.00 0
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 8,329,000.00 7,375,000.00 9,675,000.00 9,889,000.00 11,406,000.00 11,241,000.00 11,375,000.00 11,720,000.00 11,747,000.00 12,101,000.00 12,119,000.00 12,404,000.00 12,442,000.00 15,228,000.00 15,823,000.00 16,188,000.00 16,340,000.00 16,273,000.00 16,131,000.00 16,558,000.00
   Current Assets 3,361,000.00 2,322,000.00 2,273,000.00 2,504,000.00 2,435,000.00 2,316,000.00 2,384,000.00 2,639,000.00 2,381,000.00 2,646,000.00 2,605,000.00 2,908,000.00 3,041,000.00 3,111,000.00 3,453,000.00 3,699,000.00 3,594,000.00 3,451,000.00 3,334,000.00 3,704,000.00
      Cash and Short-Term Investments 1,328,000.00 330,000.00 295,000.00 315,000.00 314,000.00 330,000.00 326,000.00 322,000.00 292,000.00 658,000.00 430,000.00 367,000.00 526,000.00 422,000.00 531,000.00 519,000.00 637,000.00 745,000.00 646,000.00 690,000.00
            Cash and Cash Equivalents 1,328,000.00 330,000.00 295,000.00 315,000.00 314,000.00 330,000.00 326,000.00 322,000.00 292,000.00 658,000.00 430,000.00 367,000.00 526,000.00 422,000.00 531,000.00 519,000.00 637,000.00 745,000.00 646,000.00 690,000.00
            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 829,000.00 821,000.00 832,000.00 1,223,000.00 872,000.00 884,000.00 969,000.00 1,396,000.00 934,000.00 919,000.00 1,026,000.00 1,464,000.00 992,000.00 1,111,000.00 1,272,000.00 1,744,000.00 1,142,000.00 1,157,000.00 1,211,000.00 1,602,000.00
      Inventory 1,018,000.00 1,012,000.00 1,001,000.00 901,000.00 1,112,000.00 950,000.00 956,000.00 860,000.00 1,021,000.00 933,000.00 1,027,000.00 1,035,000.00 1,386,000.00 1,409,000.00 1,468,000.00 1,472,000.00 1,482,000.00 1,205,000.00 1,171,000.00 1,119,000.00
      Other Current Assets 186,000.00 159,000.00 145,000.00 65,000.00 137,000.00 152,000.00 133,000.00 61,000.00 134,000.00 136,000.00 122,000.00 42,000.00 137,000.00 169,000.00 182,000.00 -36,000.00 333,000.00 344,000.00 306,000.00 293,000.00
   Non-Current Assets 4,968,000.00 5,053,000.00 7,402,000.00 7,385,000.00 8,971,000.00 8,925,000.00 8,991,000.00 9,081,000.00 9,366,000.00 9,455,000.00 9,514,000.00 9,496,000.00 9,401,000.00 12,117,000.00 12,370,000.00 12,489,000.00 12,746,000.00 12,822,000.00 12,797,000.00 12,854,000.00
      Property, Plant, Equipment Net 789,000.00 850,000.00 864,000.00 2,614,000.00 908,000.00 894,000.00 910,000.00 2,956,000.00 1,143,000.00 956,000.00 984,000.00 3,021,000.00 1,131,000.00 994,000.00 1,121,000.00 4,604,000.00 1,292,000.00 1,303,000.00 1,321,000.00 3,755,000.00
      Goodwill 808,000.00 817,000.00 2,230,000.00 2,204,000.00 3,162,000.00 3,113,000.00 3,128,000.00 3,151,000.00 3,444,000.00 3,469,000.00 3,481,000.00 3,470,000.00 3,399,000.00 5,879,000.00 5,941,000.00 5,968,000.00 5,988,000.00 6,003,000.00 5,997,000.00 6,034,000.00
      Intangible Assets 361,000.00 405,000.00 402,000.00 2,459,000.00 3,047,000.00 3,070,000.00 3,093,000.00 3,111,000.00 3,127,000.00 3,146,000.00 3,170,000.00 3,184,000.00 3,188,000.00 3,377,000.00 3,391,000.00 3,407,000.00 3,409,000.00 3,429,000.00 3,441,000.00 3,454,000.00
      Long-Term Investments 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 43,000.00 0 0 0 68,000.00 0 0 0 80,000.00 0 0 0 99,000.00 0 0 0 5,000.00
      Other Non-Current Assets 1,270,000.00 1,241,000.00 2,166,000.00 -1,675,000.00 114,000.00 108,000.00 120,000.00 -1,945,000.00 -88,000.00 144,000.00 139,000.00 -259,000.00 1,683,000.00 1,867,000.00 1,917,000.00 -1,589,000.00 2,057,000.00 2,087,000.00 2,038,000.00 -394,000.00
Liabilities 7,074,000.00 6,112,000.00 6,339,000.00 6,520,000.00 6,706,000.00 6,909,000.00 7,066,000.00 7,383,000.00 7,158,000.00 7,484,000.00 7,655,000.00 7,832,000.00 7,214,000.00 7,576,000.00 8,232,000.00 8,423,000.00 8,072,000.00 8,039,000.00 8,038,000.00 8,423,000.00
   Current Liabilities 1,322,000.00 1,326,000.00 1,400,000.00 2,233,000.00 2,190,000.00 2,068,000.00 2,080,000.00 2,251,000.00 1,956,000.00 1,858,000.00 1,545,000.00 2,016,000.00 1,954,000.00 2,042,000.00 2,815,000.00 2,470,000.00 2,499,000.00 2,468,000.00 2,466,000.00 2,839,000.00
      Payables and Expenses 1,272,000.00 1,274,000.00 1,353,000.00 1,596,000.00 1,554,000.00 1,433,000.00 1,442,000.00 1,776,000.00 1,483,000.00 1,385,000.00 1,543,000.00 1,800,000.00 1,738,000.00 1,817,000.00 2,046,000.00 2,450,000.00 1,932,000.00 1,944,000.00 2,008,000.00 2,429,000.00
            Account Payables 612,000.00 586,000.00 624,000.00 722,000.00 783,000.00 694,000.00 742,000.00 838,000.00 765,000.00 623,000.00 713,000.00 832,000.00 833,000.00 875,000.00 1,087,000.00 1,271,000.00 1,049,000.00 969,000.00 965,000.00 1,127,000.00
            Current Accrued Liabilities 660,000.00 688,000.00 729,000.00 874,000.00 771,000.00 739,000.00 700,000.00 938,000.00 718,000.00 762,000.00 830,000.00 968,000.00 905,000.00 942,000.00 959,000.00 1,179,000.00 883,000.00 975,000.00 1,043,000.00 1,302,000.00
      Short-Term Debt 1,000.00 1,000.00 0 585,000.00 586,000.00 586,000.00 586,000.00 424,000.00 424,000.00 424,000.00 2,000.00 216,000.00 216,000.00 225,000.00 769,000.00 20,000.00 567,000.00 524,000.00 458,000.00 410,000.00
      Other Current Liabilities 49,000.00 51,000.00 47,000.00 52,000.00 50,000.00 49,000.00 52,000.00 51,000.00 49,000.00 49,000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 5,752,000.00 4,786,000.00 4,939,000.00 4,287,000.00 4,516,000.00 4,841,000.00 4,986,000.00 5,132,000.00 5,202,000.00 5,626,000.00 6,110,000.00 5,816,000.00 5,260,000.00 5,534,000.00 5,417,000.00 5,953,000.00 5,573,000.00 5,571,000.00 5,572,000.00 5,584,000.00
      Long-Term Debt 5,488,000.00 4,521,000.00 4,441,000.00 3,788,000.00 3,886,000.00 4,178,000.00 4,252,000.00 4,399,000.00 4,482,000.00 4,923,000.00 4,962,000.00 4,721,000.00 4,168,000.00 4,619,000.00 4,514,000.00 5,023,000.00 4,548,000.00 4,543,000.00 4,545,000.00 4,549,000.00
      Other Non-Current Liabilities 264,000.00 265,000.00 498,000.00 499,000.00 630,000.00 663,000.00 734,000.00 733,000.00 720,000.00 703,000.00 1,148,000.00 1,095,000.00 1,092,000.00 915,000.00 903,000.00 930,000.00 1,025,000.00 1,028,000.00 1,027,000.00 1,035,000.00
Equity 1,255,000.00 1,263,000.00 3,336,000.00 3,369,000.00 4,700,000.00 4,332,000.00 4,309,000.00 4,337,000.00 4,589,000.00 4,617,000.00 4,464,000.00 4,572,000.00 5,228,000.00 7,652,000.00 7,591,000.00 7,765,000.00 8,268,000.00 8,234,000.00 8,093,000.00 8,135,000.00
   Shareholders Equity 1,169,000.00 1,183,000.00 3,258,000.00 3,293,000.00 4,629,000.00 4,253,000.00 4,228,000.00 4,250,000.00 4,503,000.00 4,528,000.00 4,369,000.00 4,477,000.00 5,129,000.00 7,547,000.00 7,475,000.00 7,643,000.00 8,143,000.00 8,108,000.00 7,968,000.00 8,002,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 11,205,000.00 11,206,000.00 11,204,000.00 11,201,000.00 11,195,000.00 10,913,000.00 10,908,000.00 10,901,000.00 10,894,000.00 10,886,000.00 10,821,000.00 10,869,000.00 10,599,000.00 10,628,000.00 10,643,000.00 10,687,000.00 10,769,000.00 10,753,000.00 10,740,000.00 10,741,000.00
      Retained Earnings -9,785,000.00 -9,787,000.00 -7,622,000.00 -7,538,000.00 -6,297,000.00 -6,307,000.00 -6,352,000.00 -6,361,000.00 -6,040,000.00 -6,050,000.00 -6,161,000.00 -6,080,000.00 -5,019,000.00 -2,751,000.00 -2,968,000.00 -2,898,000.00 -2,508,000.00 -2,561,000.00 -2,677,000.00 -2,722,000.00
      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 -251,000.00 -236,000.00 -324,000.00 -370,000.00 -269,000.00 -353,000.00 -328,000.00 -290,000.00 -351,000.00 -308,000.00 -291,000.00 -312,000.00 -451,000.00 -330,000.00 -200,000.00 -146,000.00 -121,000.00 -80,000.00 -92,000.00 -17,000.00
   Minority Interest 86,000.00 80,000.00 78,000.00 76,000.00 71,000.00 79,000.00 81,000.00 87,000.00 86,000.00 89,000.00 95,000.00 95,000.00 99,000.00 105,000.00 116,000.00 122,000.00 125,000.00 126,000.00 125,000.00 133,000.00
Investments 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 1,740,000.00 102,000.00 0 0 0 99,000.00 0 0 0 124,000.00
Debt 5,489,000.00 4,522,000.00 4,441,000.00 4,373,000.00 4,472,000.00 4,764,000.00 4,838,000.00 4,823,000.00 4,906,000.00 5,347,000.00 4,964,000.00 4,937,000.00 4,384,000.00 4,844,000.00 5,283,000.00 5,043,000.00 5,115,000.00 5,067,000.00 5,003,000.00 4,959,000.00
Net Debt 4,161,000.00 4,192,000.00 4,146,000.00 4,058,000.00 4,158,000.00 4,434,000.00 4,512,000.00 4,501,000.00 4,614,000.00 4,689,000.00 4,534,000.00 4,570,000.00 3,858,000.00 4,422,000.00 4,752,000.00 4,524,000.00 4,478,000.00 4,322,000.00 4,357,000.00 4,269,000.00
Common Shares Outstanding 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 0.00
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 5,871,000.00 3,889,000.00 1,905,000.00 -3,696,000.00 6,337,000.00 4,245,000.00 2,111,000.00 -3,772,000.00 6,611,000.00 4,417,000.00 2,193,000.00 -4,176,000.00 6,963,000.00 4,746,000.00 2,354,000.00 -4,848,000.00 8,002,000.00 5,490,000.00 2,710,000.00
Cost Of Revenue 3,869,000.00 2,552,000.00 1,271,000.00 -2,328,000.00 4,113,000.00 2,747,000.00 1,373,000.00 -2,527,000.00 4,368,000.00 2,944,000.00 1,488,000.00 -2,819,000.00 4,775,000.00 3,249,000.00 1,641,000.00 -3,033,000.00 5,130,000.00 3,513,000.00 1,758,000.00
Gross Profit 2,002,000.00 1,337,000.00 634,000.00 -1,368,000.00 2,224,000.00 1,498,000.00 738,000.00 -1,245,000.00 2,243,000.00 1,473,000.00 705,000.00 -1,357,000.00 2,188,000.00 1,497,000.00 713,000.00 -1,815,000.00 2,872,000.00 1,977,000.00 952,000.00
Operating Expenses 4,154,000.00 3,580,000.00 605,000.00 363,000.00 1,740,000.00 1,178,000.00 581,000.00 -298,000.00 1,485,000.00 869,000.00 475,000.00 -768,000.00 3,700,000.00 925,000.00 583,000.00 -1,019,000.00 1,753,000.00 1,174,000.00 571,000.00
   Selling, General and Administrative Expenses 228,000.00 141,000.00 63,000.00 271,000.00 15,000.00 14,000.00 12,000.00 233,000.00 27,000.00 20,000.00 9,000.00 245,000.00 27,000.00 18,000.00 8,000.00 226,000.00 33,000.00 20,000.00 9,000.00
   Other Operating Expenses 3,926,000.00 3,439,000.00 542,000.00 92,000.00 1,725,000.00 1,164,000.00 569,000.00 -531,000.00 1,458,000.00 849,000.00 466,000.00 -1,013,000.00 3,673,000.00 907,000.00 575,000.00 -1,245,000.00 1,720,000.00 1,154,000.00 562,000.00
Operating Income -2,152,000.00 -2,243,000.00 29,000.00 -1,731,000.00 484,000.00 320,000.00 157,000.00 -947,000.00 758,000.00 604,000.00 230,000.00 -589,000.00 -1,512,000.00 572,000.00 130,000.00 -796,000.00 1,119,000.00 803,000.00 381,000.00
Net Non-Operating Income -201,000.00 -136,000.00 -64,000.00 147,000.00 -204,000.00 -129,000.00 -63,000.00 80,000.00 -161,000.00 -104,000.00 -44,000.00 33,000.00 -110,000.00 -81,000.00 -33,000.00 135,000.00 -198,000.00 -127,000.00 -58,000.00
Interest Expense 189,000.00 123,000.00 60,000.00 -131,000.00 191,000.00 129,000.00 62,000.00 -80,000.00 167,000.00 104,000.00 37,000.00 -134,000.00 175,000.00 125,000.00 62,000.00 -134,000.00 192,000.00 128,000.00 63,000.00
Net Interest -189,000.00 -123,000.00 -60,000.00 131,000.00 -191,000.00 -129,000.00 -62,000.00 80,000.00 -167,000.00 -104,000.00 -37,000.00 134,000.00 -175,000.00 -125,000.00 -62,000.00 134,000.00 -192,000.00 -128,000.00 -63,000.00
EBT -2,353,000.00 -2,379,000.00 -35,000.00 -1,584,000.00 280,000.00 191,000.00 94,000.00 -867,000.00 597,000.00 500,000.00 186,000.00 -556,000.00 -1,622,000.00 491,000.00 97,000.00 -661,000.00 921,000.00 676,000.00 323,000.00
Income Tax 177,000.00 192,000.00 2,000.00 -182,000.00 90,000.00 63,000.00 32,000.00 -158,000.00 173,000.00 139,000.00 51,000.00 -222,000.00 251,000.00 150,000.00 41,000.00 -124,000.00 266,000.00 181,000.00 85,000.00
Equity Method Investments Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00 -2,000.00 0 0
Net Income Including Non-Controlling Interests -2,234,000.00 -2,227,000.00 -51,000.00 -1,356,000.00 120,000.00 80,000.00 40,000.00 -659,000.00 348,000.00 309,000.00 109,000.00 -280,000.00 -1,955,000.00 283,000.00 28,000.00 -471,000.00 559,000.00 429,000.00 206,000.00
Net Income Non-Controlling Interests 29,000.00 20,000.00 9,000.00 -23,000.00 35,000.00 24,000.00 11,000.00 -25,000.00 38,000.00 26,000.00 13,000.00 -27,000.00 41,000.00 29,000.00 14,000.00 -33,000.00 48,000.00 33,000.00 16,000.00
Net Income -2,205,000.00 -2,207,000.00 -42,000.00 -1,379,000.00 155,000.00 104,000.00 51,000.00 -684,000.00 386,000.00 335,000.00 122,000.00 -307,000.00 -1,914,000.00 312,000.00 42,000.00 -504,000.00 607,000.00 462,000.00 222,000.00
EBIT -2,164,000.00 -2,256,000.00 25,000.00 -1,715,000.00 471,000.00 320,000.00 156,000.00 -947,000.00 764,000.00 604,000.00 223,000.00 -690,000.00 -1,447,000.00 616,000.00 159,000.00 -795,000.00 1,113,000.00 804,000.00 386,000.00
Deprecation and Amortization 290,000.00 193,000.00 95,000.00 -182,000.00 534,000.00 360,000.00 184,000.00 -171,000.00 562,000.00 366,000.00 178,000.00 -274,000.00 610,000.00 422,000.00 218,000.00 -221,000.00 630,000.00 408,000.00 204,000.00
EBITDA -1,874,000.00 -2,063,000.00 120,000.00 -1,897,000.00 1,005,000.00 680,000.00 340,000.00 -1,118,000.00 1,326,000.00 970,000.00 401,000.00 -964,000.00 -837,000.00 1,038,000.00 377,000.00 -1,016,000.00 1,743,000.00 1,212,000.00 590,000.00
EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Diluted 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 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
Operating Cash Flow 174,000.00 98,000.00 46,000.00 -143,000.00 346,000.00 248,000.00 84,000.00 -438,000.00 764,000.00 591,000.00 177,000.00 206,000.00 177,000.00 44,000.00 -18,000.00 -401,000.00 678,000.00 645,000.00 247,000.00
   Operating Net Income -4,352,000.00 -4,374,000.00 -66,000.00 -1,402,000.00 190,000.00 128,000.00 62,000.00 -709,000.00 424,000.00 361,000.00 135,000.00 1,539,000.00 -3,746,000.00 341,000.00 56,000.00 -537,000.00 655,000.00 495,000.00 238,000.00
   Deprecation and Amortization 290,000.00 193,000.00 95,000.00 -182,000.00 534,000.00 360,000.00 184,000.00 -171,000.00 562,000.00 366,000.00 178,000.00 -274,000.00 610,000.00 422,000.00 218,000.00 -221,000.00 630,000.00 408,000.00 204,000.00
   Deferred Income Tax -222,000.00 -230,000.00 2,000.00 -135,000.00 -89,000.00 -2,000.00 1,000.00 -107,000.00 66,000.00 53,000.00 43,000.00 6,000.00 -39,000.00 -14,000.00 -14,000.00 -82,000.00 -1,000.00 -1,000.00 3,000.00
   Share Based Compensation 14,000.00 8,000.00 4,000.00 -21,000.00 15,000.00 14,000.00 12,000.00 -19,000.00 27,000.00 20,000.00 9,000.00 -17,000.00 27,000.00 18,000.00 8,000.00 -18,000.00 33,000.00 20,000.00 9,000.00
   Change in Working Capital -364,000.00 -418,000.00 -343,000.00 834,000.00 -254,000.00 -445,000.00 -332,000.00 1,515,000.00 -471,000.00 -734,000.00 -519,000.00 974,000.00 -790,000.00 -665,000.00 -421,000.00 1,570,000.00 -178,000.00 -528,000.00 -498,000.00
   Other Operating Activities 4,808,000.00 4,919,000.00 354,000.00 763,000.00 -50,000.00 193,000.00 157,000.00 -947,000.00 156,000.00 525,000.00 331,000.00 -2,022,000.00 4,115,000.00 -58,000.00 135,000.00 -1,113,000.00 -461,000.00 251,000.00 291,000.00
Investing Cash Flow -188,000.00 -158,000.00 -74,000.00 51,000.00 -137,000.00 -91,000.00 -29,000.00 -244,000.00 17,000.00 55,000.00 125,000.00 -319,000.00 729,000.00 246,000.00 -18,000.00 313,000.00 -284,000.00 -226,000.00 -58,000.00
   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 0 0 0 -12,000.00 6,000.00 6,000.00 6,000.00 -215,000.00 202,000.00 200,000.00 40,000.00 -261,000.00 443,000.00 0 34,000.00 210,000.00 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0.00 2,000.00 0 0 0.00 2,000.00 0 0 0 20,000.00 20,000.00 20,000.00 0 -8,000.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -188,000.00 -158,000.00 -74,000.00 63,000.00 -145,000.00 -97,000.00 -35,000.00 -29,000.00 -187,000.00 -145,000.00 85,000.00 2,000.00 266,000.00 226,000.00 -72,000.00 95,000.00 -276,000.00 -226,000.00 -58,000.00
Financing Cash Flow 1,051,000.00 78,000.00 15,000.00 65,000.00 -219,000.00 -128,000.00 -39,000.00 342,000.00 -839,000.00 -348,000.00 -243,000.00 -38,000.00 -840,000.00 -348,000.00 61,000.00 -65,000.00 -427,000.00 -349,000.00 -216,000.00
   Net Issuance/Repayment of Debt 2,854,000.00 1,878,000.00 1,663,000.00 -5,331,000.00 3,368,000.00 2,952,000.00 2,702,000.00 -1,992,000.00 2,108,000.00 1,402,000.00 988,000.00 -1,655,000.00 3,792,000.00 2,099,000.00 544,000.00 253,000.00 292,000.00 284,000.00 278,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0.00 831,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 64,000.00 64,000.00 53,000.00 -108,000.00 142,000.00 72,000.00 53,000.00 -424,000.00 379,000.00 324,000.00 211,000.00 863,000.00 201,000.00 148,000.00 126,000.00 59,000.00 439,000.00 332,000.00 193,000.00
   Other Financing Activities -1,867,000.00 -1,864,000.00 -1,701,000.00 5,504,000.00 -4,560,000.00 -3,152,000.00 -2,794,000.00 2,758,000.00 -3,326,000.00 -2,074,000.00 -1,442,000.00 754,000.00 -4,833,000.00 -2,595,000.00 -609,000.00 -377,000.00 -1,158,000.00 -965,000.00 -687,000.00
Net Change in Cash 1,059,000.00 45,000.00 -1,000.00 -11,000.00 -8,000.00 8,000.00 4,000.00 -324,000.00 -75,000.00 291,000.00 63,000.00 -74,000.00 7,000.00 -97,000.00 12,000.00 -129,000.00 -53,000.00 55,000.00 -44,000.00
   Cash at Beginning of Period 315,000.00 315,000.00 315,000.00 326,000.00 322,000.00 322,000.00 322,000.00 646,000.00 367,000.00 367,000.00 367,000.00 441,000.00 519,000.00 519,000.00 519,000.00 648,000.00 690,000.00 690,000.00 690,000.00
   Cash at End of Period 1,374,000.00 360,000.00 314,000.00 315,000.00 314,000.00 330,000.00 326,000.00 322,000.00 292,000.00 658,000.00 430,000.00 367,000.00 526,000.00 422,000.00 531,000.00 519,000.00 637,000.00 745,000.00 646,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0