Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -6.69 -5.80 -4.58 -67.53
Price to Sales 6.80 8.10 8.92 16.59 34.13
Book Value Per Common Share 2.76 3.35 5.02 13.30 17.28
Price to Book 15.24 14.29 9.23 6.32 8.01
Price to Operating Cash Flow -9.20 -7.41 -8.51 -17.22 -69.96
Price to Free Cash Flow
Enterprise Value to EBITDA
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 -6.61 -13.32 -23.06 -11.31 -11.61 -23.00 -5.23 -10.07 -17.21 -5.20 -24.83
Price to Sales 6.34 11.58 25.03 12.48 13.72 36.16 8.25 15.61 28.08 11.12 24.67 63.41 22.87 34.46 77.26
Book Value Per Common Share 0.10 1.57 1.54 2.76 3.76 4.69 1.69 3.35 0.44 1.81 3.12 5.02 6.69 9.69 11.41 13.30 13.74 14.35 15.64 17.28
Price to Book 316.63 23.16 23.57 15.24 14.78 8.76 27.66 14.29 81.13 25.55 12.85 9.23 6.19 6.16 6.36 6.32 6.56 6.65 7.28 8.01
Price to Operating Cash Flow -8.07 -12.89 -20.94 -14.74 -13.12 -20.63 -6.47 -11.94 -17.99 -9.97 -21.44 -43.13 -21.56 -28.58 -48.19
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 29.01 19.52 3.39 29.66
EBITDA YoY
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
Revenue YoY 52.30 119.53 54.52 135.09 46.96 107.77 53.58 111.77 43.81 87.50
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 6.89 7.85 10.70 10.67 17.98
Quick Ratio 2.17 2.32 3.02 4.24 6.46
Current Ratio 2.37 2.61 3.38 4.72 6.83
Debt to Equity 4.50 4.41 3.38 0.65 0.52
Long-Term Debt to Equity 3.25 3.40 2.64 0.45 0.36
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 4.34 5.11 5.26 6.74 7.16 8.94 4.89 7.01 6.23 7.81 8.94 10.65 12.73 7.75 8.57 10.67 10.85 12.56 14.32 17.98
Quick Ratio 1.58 2.12 2.08 2.17 2.56 3.19 2.09 2.32 2.05 2.55 3.08 3.02 4.05 2.63 3.75 4.24 5.61 6.85 7.80 6.46
Current Ratio 1.89 2.45 2.40 2.37 2.81 3.54 2.43 2.61 2.36 2.87 3.51 3.38 4.45 3.08 4.23 4.72 6.23 7.47 8.43 6.83
Debt to Equity 49.86 6.83 7.10 4.50 3.22 2.74 8.32 4.41 38.04 9.16 5.27 3.38 2.45 0.95 0.74 0.65 0.59 0.56 0.52 0.52
Long-Term Debt to Equity 35.42 5.08 5.31 3.25 2.44 2.11 6.57 3.40 30.03 7.27 4.28 2.64 1.97 0.62 0.53 0.45 0.44 0.43 0.39 0.36

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -37.52 -40.69 -45.77 -29.82 -10.60
ROE -206.45 -220.26 -200.69 -49.21 -16.16
Gross Margin
Operating Margin -101.31 -140.12 -193.14 -128.91 -68.39
EBITDA Margin -92.72 -131.17 -188.87 -127.02 -64.18
Net Profit Margin -101.60 -139.70 -194.71 -129.20 -68.84
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 -37.26 -20.21 -11.41 -28.07 -18.68 -13.06 -39.05 -24.69 -11.85 -34.33 -23.51 -11.01 -22.33 -17.10 -8.52
ROE -1895.00 -158.18 -92.38 -118.45 -69.91 -121.69 -1524.40 -250.95 -74.37 -118.51 -45.79 -19.13 -35.51 -26.60 -12.91
Gross Margin
Operating Margin -95.19 -86.26 -107.52 -109.82 -117.63 -156.41 -156.94 -154.49 -162.67 -210.95 -182.91 -189.86 -123.33 -138.29 -136.59
EBITDA Margin -88.81 -79.59 -99.82 -100.64 -108.09 -144.83 -148.24 -146.43 -154.48 -207.53 -179.84 -187.11 -121.39 -136.15 -134.15
Net Profit Margin -95.86 -87.00 -108.46 -110.23 -118.14 -156.83 -157.55 -155.07 -163.16 -213.70 -183.42 -190.55 -123.71 -138.74 -136.97

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 1,516,956.00 1,491,013.00 1,545,444.00 1,522,397.00 1,759,555.00
   Current Assets 817,123.00 732,184.00 883,899.00 856,604.00 1,295,304.00
      Cash and Short-Term Investments 623,525.00 577,209.00 747,762.00 740,196.00 1,201,533.00
            Cash and Cash Equivalents 187,229.00 213,584.00 132,944.00 307,584.00 713,526.00
            Short-Term Investments 436,296.00 363,625.00 614,818.00 432,612.00 488,007.00
      Net Receivables 121,801.00 73,390.00 40,445.00 28,432.00 23,093.00
      Inventory 45,007.00 33,969.00 26,766.00 16,231.00 13,048.00
      Other Current Assets 26,790.00 47,616.00 68,926.00 71,745.00 57,630.00
   Non-Current Assets 699,833.00 758,829.00 661,545.00 665,793.00 464,251.00
      Property, Plant, Equipment Net 291,429.00 314,466.00 285,687.00 176,183.00 114,039.00
      Goodwill 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00
      Intangible Assets 178,314.00 166,271.00 160,105.00 130,788.00 131,113.00
      Long-Term Investments 135,004.00 199,901.00 148,970.00 258,933.00 10,506.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 50,680.00 33,785.00 22,377.00 55,483.00 164,187.00
Liabilities 1,241,259.00 1,215,599.00 1,192,950.00 599,836.00 605,180.00
   Current Liabilities 344,153.00 280,437.00 261,210.00 181,368.00 189,609.00
      Payables and Expenses 279,729.00 238,600.00 247,952.00 162,693.00 121,414.00
            Account Payables 38,756.00 42,114.00 43,274.00 17,138.00 12,923.00
            Current Accrued Liabilities 240,973.00 196,486.00 204,678.00 145,555.00 108,491.00
      Short-Term Debt 10,297.00 12,595.00 11,596.00 10,498.00 8,516.00
      Other Current Liabilities 54,127.00 29,242.00 1,662.00 8,177.00 59,679.00
   Non-Current Liabilities 897,106.00 935,162.00 931,740.00 418,468.00 415,571.00
      Long-Term Debt 30,042.00 30,574.00 19,814.00 30,494.00 38,550.00
      Other Non-Current Liabilities 867,064.00 904,588.00 911,926.00 387,974.00 377,021.00
Equity 275,697.00 275,414.00 352,494.00 922,561.00 1,154,375.00
   Shareholders Equity 255,297.00 275,414.00 352,494.00 922,561.00 1,154,375.00
      Capital Stock 92.00 82.00 70.00 69.00 67.00
      Share Premium 4,212,692.00 3,662,346.00 3,140,019.00 2,997,497.00 2,773,195.00
      Retained Earnings -3,956,844.00 -3,387,661.00 -2,781,022.00 -2,073,601.00 -1,619,576.00
      Treasury Shares 3,593.00 432.00 0 0 0
      Accumulated Other Comprehensive Income -643.00 647.00 -6,573.00 -1,404.00 689.00
   Minority Interest 0 0 0 0 0
Investments 571,300.00 563,526.00 763,788.00 691,545.00 498,513.00
Debt 40,339.00 43,169.00 31,410.00 40,992.00 47,066.00
Common Shares Outstanding 92,484.33 82,315.59 70,197.30 69,345.00 66,818.52
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 560,230.00 434,249.00 363,329.00 351,406.00 271,030.00
Operating Expenses 0 0 0 0 601,146.00
   Selling, General and Administrative Expenses 321,610.00 309,799.00 278,139.00 219,982.00 182,933.00
   Research and Development Expenses 698,165.00 657,749.00 706,089.00 497,453.00 437,684.00
   Other Operating Expenses 0 0 0 0 -19,471.00
Operating Income -535,973.00 -569,208.00 -648,919.00 -381,737.00 -330,116.00
Net Non-Operating Income -31,613.00 -39,256.00 -52,806.00 -71,244.00 144,757.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 36,506.00 26,688.00 11,074.00 1,928.00 7,038.00
EBT -567,586.00 -608,464.00 -701,725.00 -452,981.00 -185,359.00
Income Tax 1,597.00 1,825.00 5,696.00 1,044.00 1,207.00
Net Income -569,183.00 -606,639.00 -707,421.00 -454,025.00 -186,566.00
EBIT -567,586.00 -608,464.00 -701,725.00 -452,981.00 -185,359.00
Deprecation and Amortization 48,167.00 38,848.00 15,521.00 6,633.00 11,413.00
EBITDA -519,419.00 -569,616.00 -686,204.00 -446,348.00 -173,946.00
EPS -0.01 -0.01 -0.01 0 -0.00
Diluted EPS -0.01 -0.01 -0.01 0 -0.00
Average Shares Outstanding Basic 90,538.12 73,543.86 69,914.23 0 0
Average Shares Outstanding Diluted 90,538.12 73,543.86 69,914.23 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -414,188.00 -474,806.00 -380,465.00 -338,695.00 -132,220.00
   Operating Net Income -569,183.00 -606,639.00 -707,421.00 -454,025.00 -186,566.00
   Deprecation and Amortization 48,167.00 38,848.00 15,521.00 6,633.00 11,413.00
   Deferred Income Tax 1,372.00 1,765.00 -1,640.00 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 33,074.00 12,764.00 16,332.00 38,057.00 -11,242.00
   Other Operating Activities 72,382.00 78,456.00 296,743.00 70,640.00 54,175.00
Investing Cash Flow -17,768.00 168,000.00 -291,652.00 -195,372.00 -179,121.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 19,991.00 46,767.00 146,123.00 73,093.00 43,905.00
   Net Purchase/Sale of Investments Net 824,321.00 1,277,627.00 1,150,560.00 1,824,136.00 1,459,588.00
   Net Purchase/Sale of Business 0 0 75,025.00 0 37,062.00
   Other Investing Activities -862,080.00 -1,156,394.00 -1,663,360.00 -2,092,601.00 -1,719,676.00
Financing Cash Flow 399,241.00 388,142.00 501,208.00 118,552.00 600,272.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 5,736.00 2,700.00 0 36,600.00 455,956.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 393,505.00 385,442.00 501,208.00 81,952.00 144,316.00
Net Change in Cash -35,240.00 81,798.00 -171,984.00 -416,709.00 290,050.00
   Cash at Beginning of Period 219,399.00 137,601.00 309,585.00 726,294.00 436,244.00
   Cash at End of Period 184,159.00 219,399.00 137,601.00 309,585.00 726,294.00
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 1,198,145.00 1,316,565.00 1,324,427.00 1,516,956.00 1,552,463.00 1,618,437.00 1,307,080.00 1,491,013.00 1,238,140.00 1,311,310.00 1,383,404.00 1,545,444.00 1,618,474.00 1,320,627.00 1,384,029.00 1,522,397.00 1,484,801.00 1,512,444.00 1,597,763.00 1,759,555.00
   Current Assets 643,206.00 719,788.00 699,155.00 817,123.00 799,608.00 964,640.00 595,967.00 732,184.00 599,188.00 702,137.00 766,336.00 883,899.00 1,012,668.00 678,542.00 707,519.00 856,604.00 846,884.00 949,492.00 1,070,936.00 1,295,304.00
      Cash and Short-Term Investments 425,948.00 497,785.00 506,840.00 623,525.00 635,708.00 763,821.00 412,080.00 577,209.00 442,094.00 551,981.00 629,354.00 747,762.00 888,675.00 542,795.00 598,321.00 740,196.00 737,117.00 845,756.00 965,408.00 1,201,533.00
            Cash and Cash Equivalents 203,210.00 186,506.00 139,455.00 187,229.00 164,719.00 480,693.00 112,250.00 213,584.00 72,575.00 102,059.00 85,768.00 132,944.00 391,651.00 159,868.00 153,988.00 307,584.00 197,538.00 290,875.00 383,794.00 713,526.00
            Short-Term Investments 222,738.00 311,279.00 367,385.00 436,296.00 470,989.00 283,128.00 299,830.00 363,625.00 369,519.00 449,922.00 543,586.00 614,818.00 497,024.00 382,927.00 444,333.00 432,612.00 539,579.00 554,881.00 581,614.00 488,007.00
      Net Receivables 112,543.00 124,464.00 98,839.00 121,801.00 93,301.00 105,982.00 100,253.00 73,390.00 79,263.00 70,523.00 42,991.00 40,445.00 31,164.00 37,207.00 28,369.00 28,432.00 25,383.00 24,720.00 25,032.00 23,093.00
      Inventory 52,200.00 46,498.00 46,031.00 45,007.00 43,334.00 40,137.00 35,907.00 33,969.00 31,802.00 28,256.00 26,616.00 26,766.00 21,849.00 21,079.00 17,809.00 16,231.00 15,191.00 15,083.00 12,462.00 13,048.00
      Other Current Assets 52,515.00 51,041.00 47,445.00 26,790.00 27,265.00 54,700.00 47,727.00 47,616.00 46,029.00 51,377.00 67,375.00 68,926.00 70,980.00 77,461.00 63,020.00 71,745.00 69,193.00 63,933.00 68,034.00 57,630.00
   Non-Current Assets 554,939.00 596,777.00 625,272.00 699,833.00 752,855.00 653,797.00 711,113.00 758,829.00 638,952.00 609,173.00 617,068.00 661,545.00 605,806.00 642,085.00 676,510.00 665,793.00 637,917.00 562,952.00 526,827.00 464,251.00
      Property, Plant, Equipment Net 249,961.00 255,763.00 260,906.00 291,429.00 272,448.00 278,707.00 285,111.00 314,466.00 323,238.00 308,212.00 300,822.00 285,687.00 263,365.00 238,626.00 209,772.00 176,183.00 155,765.00 143,187.00 126,081.00 114,039.00
      Goodwill 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00 44,406.00
      Intangible Assets 172,943.00 174,733.00 176,524.00 178,314.00 164,942.00 166,243.00 165,045.00 166,271.00 157,302.00 158,237.00 159,171.00 160,105.00 158,401.00 159,196.00 159,992.00 130,788.00 130,869.00 130,950.00 131,031.00 131,113.00
      Long-Term Investments 22,067.00 51,454.00 68,563.00 135,004.00 203,086.00 110,669.00 156,581.00 199,901.00 82,071.00 66,371.00 85,213.00 148,970.00 107,563.00 163,301.00 215,526.00 258,933.00 204,243.00 128,031.00 81,624.00 10,506.00
      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 65,562.00 70,421.00 74,873.00 50,680.00 67,973.00 53,772.00 59,970.00 33,785.00 31,935.00 31,947.00 27,456.00 22,377.00 32,071.00 36,556.00 46,814.00 55,483.00 102,634.00 116,378.00 143,685.00 164,187.00
Liabilities 1,174,586.00 1,148,379.00 1,160,881.00 1,241,259.00 1,184,536.00 1,186,019.00 1,166,816.00 1,215,599.00 1,206,426.00 1,182,280.00 1,162,923.00 1,192,950.00 1,149,645.00 642,554.00 587,605.00 599,836.00 551,127.00 540,273.00 543,181.00 605,180.00
   Current Liabilities 340,022.00 293,244.00 291,668.00 344,153.00 285,008.00 272,866.00 245,575.00 280,437.00 253,978.00 244,379.00 218,179.00 261,210.00 227,361.00 220,636.00 167,231.00 181,368.00 135,933.00 127,067.00 127,044.00 189,609.00
      Payables and Expenses 261,099.00 215,034.00 220,457.00 279,729.00 221,018.00 214,228.00 190,105.00 238,600.00 211,979.00 209,771.00 203,385.00 247,952.00 212,584.00 204,568.00 150,041.00 162,693.00 125,235.00 112,850.00 98,443.00 121,414.00
            Account Payables 40,573.00 34,242.00 47,450.00 38,756.00 35,990.00 59,807.00 40,972.00 42,114.00 33,357.00 42,115.00 58,981.00 43,274.00 23,533.00 34,213.00 23,685.00 17,138.00 15,575.00 21,790.00 15,744.00 12,923.00
            Current Accrued Liabilities 220,526.00 180,792.00 173,007.00 240,973.00 185,028.00 154,421.00 149,133.00 196,486.00 178,622.00 167,656.00 144,404.00 204,678.00 189,051.00 170,355.00 126,356.00 145,555.00 109,660.00 91,060.00 82,699.00 108,491.00
      Short-Term Debt 12,142.00 11,766.00 10,487.00 10,297.00 0 0 0 12,595.00 0 0 0 11,596.00 0 0 0 10,498.00 0 0 0 8,516.00
      Other Current Liabilities 66,781.00 66,444.00 60,724.00 54,127.00 63,990.00 58,638.00 55,470.00 29,242.00 41,999.00 34,608.00 14,794.00 1,662.00 14,777.00 16,068.00 17,190.00 8,177.00 10,698.00 14,217.00 28,601.00 59,679.00
   Non-Current Liabilities 834,564.00 855,135.00 869,213.00 897,106.00 899,528.00 913,153.00 921,241.00 935,162.00 952,448.00 937,901.00 944,744.00 931,740.00 922,284.00 421,918.00 420,374.00 418,468.00 415,194.00 413,206.00 416,137.00 415,571.00
      Long-Term Debt 21,691.00 24,531.00 27,786.00 30,042.00 0 0 0 30,574.00 0 0 0 19,814.00 0 0 0 30,494.00 0 0 0 38,550.00
      Other Non-Current Liabilities 812,873.00 830,604.00 841,427.00 867,064.00 0 0 0 904,588.00 0 0 0 911,926.00 0 0 0 387,974.00 0 0 0 377,021.00
Equity 23,559.00 168,186.00 163,546.00 275,697.00 367,927.00 432,418.00 140,264.00 275,414.00 31,714.00 129,030.00 220,481.00 352,494.00 468,829.00 678,073.00 796,424.00 922,561.00 933,674.00 972,171.00 1,054,582.00 1,154,375.00
   Shareholders Equity 9,159.00 151,286.00 144,246.00 255,297.00 346,827.00 432,418.00 140,264.00 275,414.00 31,714.00 129,030.00 220,481.00 352,494.00 468,829.00 678,073.00 796,424.00 922,561.00 933,674.00 972,171.00 1,054,582.00 1,154,375.00
      Capital Stock 96.00 96.00 94.00 92.00 92.00 92.00 83.00 82.00 72.00 71.00 71.00 70.00 70.00 70.00 70.00 69.00 68.00 68.00 67.00 67.00
      Share Premium 4,411,531.00 4,374,333.00 4,252,417.00 4,212,692.00 4,169,298.00 4,123,364.00 3,698,957.00 3,662,346.00 3,298,357.00 3,236,879.00 3,169,371.00 3,140,019.00 3,108,170.00 3,071,000.00 3,028,829.00 2,997,497.00 2,884,695.00 2,850,016.00 2,810,176.00 2,773,195.00
      Retained Earnings -4,403,288.00 -4,222,875.00 -4,107,924.00 -3,956,844.00 -3,823,459.00 -3,689,943.00 -3,558,345.00 -3,387,661.00 -3,264,471.00 -3,104,822.00 -2,944,994.00 -2,781,022.00 -2,629,189.00 -2,384,083.00 -2,225,921.00 -2,073,601.00 -1,951,143.00 -1,878,145.00 -1,755,717.00 -1,619,576.00
      Treasury Shares 7,991.00 7,991.00 7,566.00 3,593.00 3,555.00 3,395.00 3,332.00 432.00 381.00 381.00 356.00 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 820.00 -268.00 -341.00 -643.00 896.00 -1,095.00 -431.00 647.00 -2,244.00 -3,098.00 -3,967.00 -6,573.00 -10,222.00 -8,914.00 -6,554.00 -1,404.00 54.00 232.00 56.00 689.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 244,805.00 362,733.00 435,948.00 571,300.00 674,075.00 393,797.00 456,411.00 563,526.00 451,590.00 516,293.00 628,799.00 763,788.00 604,587.00 546,228.00 659,859.00 691,545.00 743,822.00 682,912.00 663,238.00 498,513.00
Debt 33,833.00 36,297.00 38,273.00 40,339.00 0 0 0 43,169.00 0 0 0 31,410.00 0 0 0 40,992.00 0 0 0 47,066.00
Common Shares Outstanding 96,442.03 96,353.63 93,903.79 92,484.33 92,304.32 92,135.38 83,094.04 82,315.59 72,174.31 71,465.42 70,660.25 70,197.30 70,079.78 70,010.40 69,796.94 69,345.00 67,961.96 67,764.95 67,439.48 66,818.52
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 465,721.00 305,788.00 139,292.00 -199,815.00 395,353.00 255,859.00 108,833.00 -181,909.00 306,857.00 208,805.00 100,496.00 -145,865.00 259,981.00 169,278.00 79,935.00 -202,376.00 268,017.00 186,370.00 99,395.00
Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 375,715.00 205,964.00
   Selling, General and Administrative Expenses 261,063.00 174,443.00 87,797.00 -154,429.00 239,115.00 158,764.00 78,160.00 -157,862.00 232,966.00 158,049.00 76,646.00 -129,912.00 205,290.00 135,449.00 67,312.00 -100,495.00 160,551.00 106,668.00 53,258.00
   Research and Development Expenses 547,020.00 330,808.00 165,772.00 -331,311.00 510,399.00 340,290.00 178,787.00 -336,088.00 497,192.00 330,947.00 165,698.00 -270,031.00 535,281.00 297,684.00 143,155.00 -284,928.00 374,140.00 260,723.00 147,518.00
   Other Operating Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,324.00 5,188.00
Operating Income -421,717.00 -250,827.00 -142,939.00 324,777.00 -413,695.00 -281,708.00 -165,347.00 334,118.00 -447,159.00 -302,062.00 -154,105.00 269,229.00 -503,291.00 -278,225.00 -136,632.00 193,350.00 -279,173.00 -189,345.00 -106,569.00
Net Non-Operating Income -21,597.00 -12,947.00 -6,831.00 13,017.00 -20,487.00 -19,261.00 -4,882.00 25,040.00 -34,413.00 -20,511.00 -9,372.00 38,871.00 -45,150.00 -31,397.00 -15,130.00 77,701.00 -51,370.00 -68,382.00 -29,193.00
Interest Expense 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 Interest 18,488.00 12,625.00 6,831.00 -15,499.00 26,956.00 16,225.00 8,824.00 -9,991.00 18,135.00 12,254.00 6,290.00 4,311.00 4,876.00 1,393.00 494.00 -1,279.00 1,488.00 1,080.00 639.00
EBT -443,314.00 -263,774.00 -149,770.00 337,794.00 -434,182.00 -300,969.00 -170,229.00 359,158.00 -481,572.00 -322,573.00 -163,477.00 308,100.00 -548,441.00 -309,622.00 -151,762.00 271,051.00 -330,543.00 -257,727.00 -135,762.00
Income Tax 3,130.00 2,257.00 1,310.00 -1,787.00 1,616.00 1,313.00 455.00 -1,774.00 1,877.00 1,227.00 495.00 -2,869.00 7,147.00 860.00 558.00 -1,201.00 1,024.00 842.00 379.00
Net Income -446,444.00 -266,031.00 -151,080.00 339,581.00 -435,798.00 -302,282.00 -170,684.00 364,582.00 -483,449.00 -323,800.00 -163,972.00 310,969.00 -555,588.00 -310,482.00 -152,320.00 272,252.00 -331,567.00 -258,569.00 -136,141.00
EBIT -443,314.00 -263,774.00 -149,770.00 337,794.00 -434,182.00 -300,969.00 -170,229.00 359,158.00 -481,572.00 -322,573.00 -163,477.00 308,100.00 -548,441.00 -309,622.00 -151,762.00 271,051.00 -330,543.00 -257,727.00 -135,762.00
Deprecation and Amortization 29,699.00 20,389.00 10,723.00 -25,126.00 36,282.00 24,410.00 12,601.00 -12,874.00 26,682.00 16,810.00 8,230.00 -776.00 8,914.00 5,189.00 2,194.00 -4,977.00 5,206.00 3,977.00 2,427.00
EBITDA -413,615.00 -243,385.00 -139,047.00 312,668.00 -397,900.00 -276,559.00 -157,628.00 346,284.00 -454,890.00 -305,763.00 -155,247.00 307,324.00 -539,527.00 -304,433.00 -149,568.00 266,074.00 -325,337.00 -253,750.00 -133,335.00
EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.01 -0.00 -0.00 0.00 -0.01 0 0 0.00 0 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 0.00 -0.00 -0.00 -0.00 0.00 -0.01 -0.00 -0.00 0.00 -0.01 0 0 0.00 0 -0.00 0
Average Shares Outstanding Basic 98,186.43 97,381.74 96,288.65 103,621.58 88,811.16 85,433.44 84,286.29 82,180.15 70,987.80 70,639.01 70,368.48 209,822.86 69,834.04 0 0 22,452.15 0 67,356.44 0
Average Shares Outstanding Diluted 98,186.43 97,381.74 96,288.65 103,621.58 88,811.16 85,433.44 84,286.29 82,180.15 70,987.80 70,639.01 70,368.48 209,822.86 69,834.04 0 0 22,452.15 0 67,356.44 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 -366,171.00 -274,748.00 -166,475.00 378,914.00 -334,685.00 -267,690.00 -190,727.00 345,991.00 -390,902.00 -273,028.00 -156,867.00 221,957.00 -290,123.00 -194,778.00 -117,521.00 329,704.00 -284,351.00 -224,702.00 -159,346.00
   Operating Net Income -446,444.00 -266,031.00 -151,080.00 339,581.00 -435,798.00 -302,282.00 -170,684.00 364,582.00 -483,449.00 -323,800.00 -163,972.00 310,969.00 -555,588.00 -310,482.00 -152,320.00 272,252.00 -331,567.00 -258,569.00 -136,141.00
   Deprecation and Amortization 29,699.00 20,389.00 10,723.00 -25,126.00 36,282.00 24,410.00 12,601.00 -12,874.00 26,682.00 16,810.00 8,230.00 -776.00 8,914.00 5,189.00 2,194.00 -4,977.00 5,206.00 3,977.00 2,427.00
   Deferred Income Tax 0 0 0 1,372.00 0 0 0 1,765.00 0 0 0 -1,640.00 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital 10,576.00 20,311.00 8,179.00 -26,295.00 9,440.00 29,450.00 20,479.00 -9,792.00 12,180.00 7,499.00 2,877.00 -4,295.00 7,911.00 20,400.00 -7,684.00 1,569.00 11,468.00 12,845.00 12,175.00
   Other Operating Activities 39,998.00 -49,417.00 -34,297.00 89,382.00 55,391.00 -19,268.00 -53,123.00 2,310.00 53,685.00 26,463.00 -4,002.00 -82,301.00 248,640.00 90,115.00 40,289.00 60,860.00 30,542.00 17,045.00 -37,807.00
Investing Cash Flow 308,247.00 191,065.00 119,890.00 -146,699.00 -120,503.00 154,999.00 94,435.00 -429,043.00 275,017.00 210,722.00 111,304.00 -176,043.00 -120,053.00 41,806.00 -37,362.00 475,151.00 -264,429.00 -223,670.00 -182,424.00
   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 20,062.00 18,784.00 16,324.00 -30,277.00 19,337.00 17,720.00 13,211.00 -64,906.00 45,167.00 41,472.00 25,034.00 -128,321.00 119,153.00 93,107.00 62,184.00 -36,851.00 57,045.00 36,485.00 16,414.00
   Net Purchase/Sale of Investments Net 395,745.00 243,031.00 137,774.00 -247,656.00 688,812.00 227,533.00 155,632.00 -521,479.00 939,316.00 591,502.00 268,288.00 -731,872.00 907,293.00 545,595.00 429,544.00 -1,547,034.00 1,585,211.00 1,141,509.00 644,450.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 -366.00 75,391.00 0 0 0 0 0 0
   Other Investing Activities -107,560.00 -70,750.00 -34,208.00 131,234.00 -828,652.00 -90,254.00 -74,408.00 157,342.00 -709,466.00 -422,252.00 -182,018.00 684,516.00 -1,221,890.00 -596,896.00 -529,090.00 2,059,036.00 -1,906,685.00 -1,401,664.00 -843,288.00
Financing Cash Flow 83,808.00 83,806.00 157.00 -381,637.00 396,055.00 384,881.00 -58.00 299,034.00 57,532.00 32,298.00 -722.00 -7,179.00 499,326.00 7,449.00 1,612.00 47,799.00 32,827.00 25,277.00 12,649.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 5,736.00 0 0 0 2,700.00 0 0 0 0 0 0 0 36,600.00 0 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities 83,808.00 83,806.00 157.00 -387,373.00 396,055.00 384,881.00 -58.00 296,334.00 57,532.00 32,298.00 -722.00 -7,179.00 499,326.00 7,449.00 1,612.00 11,199.00 32,827.00 25,277.00 12,649.00
Net Change in Cash 30,540.00 4,485.00 -44,980.00 -149,889.00 -59,185.00 270,863.00 -97,029.00 216,799.00 -58,994.00 -29,933.00 -46,074.00 41,541.00 86,723.00 -146,869.00 -153,379.00 853,356.00 -516,755.00 -423,418.00 -329,892.00
   Cash at Beginning of Period 184,159.00 184,159.00 184,159.00 334,048.00 219,399.00 219,399.00 219,399.00 2,600.00 137,601.00 137,601.00 137,601.00 96,060.00 309,585.00 309,585.00 309,585.00 -543,771.00 726,294.00 726,294.00 726,294.00
   Cash at End of Period 214,699.00 188,644.00 139,179.00 184,159.00 160,214.00 490,262.00 122,370.00 219,399.00 78,607.00 107,668.00 91,527.00 137,601.00 396,308.00 162,716.00 156,206.00 309,585.00 209,539.00 302,876.00 396,402.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0