Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -13.42 -7.44 -4.43 -5.04 10.25
Price to Sales 0.87 0.60 0.53 1.06 1.08
Book Value Per Common Share 2.30 2.63 3.08 3.54 4.72
Price to Book 1.81 1.10 0.91 1.71 1.39
Price to Operating Cash Flow 14.41 28.91 -16.58 46.54 8.98
Price to Free Cash Flow
Enterprise Value to EBITDA 240153.26 214533.24 54431.96
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 -13.57 -19.10 -26.13 -9.29 -12.19 -17.78 -6.23 -7.97 -14.87 -2.85 -4.54 -6.57 -10.87 -50.73 -26.48
Price to Sales 1.09 1.76 3.80 0.97 1.53 3.07 0.76 1.19 3.10 0.58 1.20 2.66 1.43 2.76 6.22
Book Value Per Common Share 2.04 2.09 2.17 2.30 2.26 2.32 2.46 2.63 2.59 2.66 2.79 3.08 2.91 3.00 3.16 3.54 4.13 4.52 4.36 4.72
Price to Book 1.86 1.92 1.81 1.81 1.44 1.42 1.30 1.10 1.03 1.05 1.22 0.91 0.76 1.01 0.98 1.71 1.45 1.68 1.88 1.39
Price to Operating Cash Flow 30.25 -163.01 -195.02 -48.95 171.35 42.11 -148.89 55.14 51.74 -7.99 -18.66 30.65 111.36 139.12 -192.72
Price to Free Cash Flow
Enterprise Value to EBITDA 304838.10 847669.28 449190.64

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 0.91 0.80 -2.98 0.14
EBITDA YoY 30.76
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 53.59 121.68 56.47 107.21 51.20 113.14 54.65 118.82 52.08 109.56
EBITDA YoY 162.50
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 0.52 0.16 0.43 0.72 0.98
Quick Ratio 1.07 0.87 1.01 1.13 1.14
Current Ratio 1.41 1.23 1.45 1.40 1.37
Debt to Equity 1.87 1.53 1.42 1.56 1.25
Long-Term Debt to Equity 1.06 0.77 0.78 0.90 0.78
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 0.44 0.35 0.42 0.52 0.25 0.41 0.18 0.15 0.14 0.20 0.27 0.40 0.37 0.27 0.66 0.72 0.72 0.84 0.75 0.93
Quick Ratio 1.02 1.01 1.00 1.07 1.00 1.03 0.48 0.87 0.82 0.83 0.88 1.01 0.99 0.86 0.94 1.13 1.20 1.19 1.07 1.14
Current Ratio 1.43 1.38 1.39 1.41 1.42 1.48 0.73 1.23 1.20 1.22 1.25 1.45 1.42 1.20 1.25 1.40 1.47 1.44 1.34 1.37
Debt to Equity 2.07 2.08 1.98 1.87 1.82 1.73 1.54 1.53 1.53 1.57 1.52 1.42 1.50 1.73 1.66 1.56 1.26 1.18 1.26 1.25
Long-Term Debt to Equity 1.26 1.24 1.18 1.06 1.08 1.06 0.35 0.77 0.79 0.81 0.79 0.78 0.89 0.96 0.95 0.90 0.80 0.75 0.80 0.78

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -4.67 -5.79 -7.81 -13.15 5.73
ROE -13.40 -14.62 -18.92 -33.61 12.90
Gross Margin 52.71 49.38 48.91 52.63 58.44
Operating Margin -1.47 -3.39 -11.32 -22.76 13.55
EBITDA Margin 3.65 2.82 -3.86 -14.87 20.77
Net Profit Margin -6.50 -8.01 -11.96 -20.97 10.50
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 -4.47 -3.27 -2.31 -5.44 -4.27 -2.82 -6.53 -5.12 -3.21 -9.68 -8.14 -5.54 -5.83 -1.47 -3.08
ROE -13.73 -10.07 -6.87 -15.32 -11.65 -7.15 -16.51 -13.16 -8.10 -24.24 -22.19 -14.75 -13.18 -3.20 -6.95
Gross Margin 48.55 47.70 45.44 51.40 50.99 51.18 47.73 46.09 43.73 48.95 48.18 45.07 58.48 59.15 57.35
Operating Margin -1.91 -3.59 -9.09 -5.55 -8.71 -11.69 -6.92 -10.01 -16.34 -15.76 -22.51 -39.18 -10.36 -1.96 -19.74
EBITDA Margin 3.56 2.09 -2.72 -0.25 -3.85 -5.29 -0.26 -3.13 -8.47 -7.87 -14.35 -30.20 -2.18 6.21 -11.53
Net Profit Margin -8.01 -9.29 -14.47 -10.40 -12.67 -16.90 -12.22 -15.07 -20.58 -20.23 -26.43 -40.40 -13.16 -5.31 -23.18

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 1,162,554.00 1,144,153.00 1,255,564.00 1,347,737.00 1,547,265.00
   Current Assets 463,662.00 418,718.00 477,986.00 480,990.00 447,646.00
      Cash and Short-Term Investments 90,479.00 26,630.00 67,462.00 106,485.00 135,697.00
            Cash and Cash Equivalents 90,479.00 26,630.00 67,462.00 106,485.00 135,697.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 260,218.00 268,421.00 267,244.00 282,917.00 237,738.00
      Inventory 79,179.00 77,521.00 75,423.00 54,043.00 45,750.00
      Other Current Assets 33,786.00 46,146.00 67,857.00 37,545.00 28,461.00
   Non-Current Assets 698,892.00 725,435.00 777,578.00 866,747.00 1,099,619.00
      Property, Plant, Equipment Net 94,908.00 81,603.00 89,720.00 100,832.00 118,645.00
      Goodwill 300,892.00 300,892.00 793,780.00 793,780.00 1,073,841.00
      Intangible Assets 376,074.00 478,574.00 593,356.00 350,730.00 417,356.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 88,982.00 69,761.00 53,649.00 47,287.00 10,651.00
      Other Non-Current Assets -161,964.00 -205,395.00 -752,927.00 -425,882.00 -520,874.00
Liabilities 757,933.00 691,390.00 737,137.00 820,571.00 860,412.00
   Current Liabilities 328,873.00 341,073.00 330,493.00 344,453.00 327,630.00
      Payables and Expenses 194,010.00 176,851.00 181,080.00 197,873.00 198,252.00
            Account Payables 87,759.00 85,164.00 95,810.00 97,121.00 63,387.00
            Current Accrued Liabilities 106,251.00 91,687.00 85,270.00 100,752.00 134,865.00
      Short-Term Debt 15,568.00 50,841.00 35,474.00 37,461.00 32,554.00
      Other Current Liabilities 119,295.00 113,381.00 113,939.00 109,119.00 96,824.00
   Non-Current Liabilities 429,060.00 350,317.00 406,644.00 476,118.00 532,782.00
      Long-Term Debt 368,102.00 236,193.00 352,453.00 405,413.00 441,649.00
      Other Non-Current Liabilities 60,958.00 114,124.00 54,191.00 70,705.00 91,133.00
Equity 404,621.00 452,763.00 518,427.00 527,166.00 686,853.00
   Shareholders Equity 404,621.00 452,763.00 518,427.00 527,166.00 686,853.00
      Capital Stock 18.00 17.00 17.00 15.00 15.00
      Share Premium 1,970,708.00 1,958,909.00 1,941,569.00 1,875,234.00 1,870,256.00
      Retained Earnings -1,574,185.00 -1,519,950.00 -1,453,744.00 -1,355,661.00 -1,178,476.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 8,080.00 13,787.00 30,585.00 7,578.00 -4,942.00
   Minority Interest 0 0 0 0 0
Investments 256,174.00 269,933.00 0 43,931.00 115,183.00
Debt 383,670.00 287,034.00 387,927.00 442,874.00 474,203.00
Net Debt 293,191.00 260,404.00 320,465.00 336,389.00 338,506.00
Common Shares Outstanding 175,599.25 172,083.67 168,324.99 148,895.31 145,425.25
Preferred Shares Outstanding 0 55.00 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 833,881.00 826,339.00 819,760.00 844,957.00 843,795.00
Cost Of Revenue 394,369.00 418,256.00 418,824.00 400,297.00 350,688.00
Gross Profit 439,512.00 408,083.00 400,936.00 444,660.00 493,107.00
Operating Expenses 422,640.00 432,368.00 449,260.00 562,456.00 491,438.00
   Selling, General and Administrative Expenses 206,570.00 192,422.00 198,819.00 203,940.00 202,604.00
   Research and Development Expenses 179,941.00 190,660.00 203,676.00 194,948.00 194,525.00
   Other Operating Expenses 36,129.00 49,286.00 46,765.00 163,568.00 94,309.00
Operating Income 16,872.00 -24,285.00 -48,324.00 -117,796.00 1,669.00
Net Non-Operating Income -62,940.00 -31,088.00 -64,275.00 -90,347.00 91,648.00
Interest Expense 33,821.00 27,320.00 19,780.00 15,831.00 21,042.00
Net Interest -33,821.00 -27,320.00 -19,780.00 -15,831.00 -21,042.00
EBT -46,068.00 -55,373.00 -112,599.00 -208,143.00 93,317.00
Income Tax 8,167.00 10,833.00 14,516.00 30,958.00 4,726.00
Net Income -54,235.00 -66,206.00 -98,083.00 -177,185.00 88,591.00
EBIT -12,247.00 -28,053.00 -92,819.00 -192,312.00 114,359.00
Deprecation and Amortization 42,666.00 51,316.00 61,188.00 66,626.00 60,910.00
EBITDA 30,419.00 23,263.00 -31,631.00 -125,686.00 175,269.00
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 174,044.00 170,408.00 156,668.00 147,575.00 138,967.00
Average Shares Outstanding Diluted 174,044.00 170,408.00 156,668.00 147,575.00 144,650.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 50,240.00 17,087.00 -26,364.00 19,182.00 101,564.00
   Operating Net Income -54,235.00 -66,206.00 -98,083.00 -177,185.00 88,591.00
   Deprecation and Amortization 42,666.00 51,316.00 61,188.00 66,626.00 60,910.00
   Deferred Income Tax -16,887.00 -9,196.00 -18,251.00 -45,488.00 -4,616.00
   Share Based Compensation 16,086.00 21,806.00 18,707.00 19,418.00 13,899.00
   Change in Working Capital -30,073.00 -46,438.00 -672.00 83,008.00 -96,034.00
   Other Operating Activities 92,683.00 65,805.00 10,747.00 72,803.00 38,814.00
Investing Cash Flow -22,868.00 -9,481.00 -12,136.00 -14,188.00 -330,073.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 22,868.00 9,481.00 13,554.00 17,132.00 70,221.00
   Net Purchase/Sale of Investments Net 107,874.00 106,705.00 73,400.00 0 0
   Net Purchase/Sale of Business 0 0 348,270.00 349,796.00 740,093.00
   Other Investing Activities -153,610.00 -125,667.00 -447,360.00 -381,116.00 -1,140,387.00
Financing Cash Flow 37,706.00 -47,859.00 931.00 -33,683.00 319,303.00
   Net Issuance/Repayment of Debt 667,657.00 289,058.00 192,903.00 167,704.00 623,176.00
   Net Issuance/Repurchase of Equity 56,871.00 53,365.00 52,068.00 24.00 170.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -686,822.00 -390,282.00 -244,040.00 -201,411.00 -304,043.00
Net Change in Cash 63,849.00 -40,632.00 -39,223.00 -29,212.00 91,054.00
   Cash at Beginning of Period 26,630.00 67,262.00 106,485.00 135,697.00 44,643.00
   Cash at End of Period 90,479.00 26,630.00 67,262.00 106,485.00 135,697.00
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 1,105,234.00 1,142,172.00 1,137,477.00 1,162,554.00 1,114,759.00 1,105,452.00 1,078,460.00 1,144,153.00 1,121,615.00 1,167,196.00 1,191,660.00 1,255,564.00 1,224,635.00 1,230,674.00 1,264,155.00 1,347,737.00 1,386,625.00 1,458,988.00 1,452,784.00 1,547,265.00
   Current Assets 418,427.00 433,940.00 425,063.00 463,662.00 416,579.00 404,154.00 369,130.00 418,718.00 390,488.00 420,942.00 429,636.00 477,986.00 422,399.00 415,423.00 422,730.00 480,990.00 418,653.00 412,963.00 396,922.00 447,646.00
      Cash and Short-Term Investments 76,767.00 62,274.00 73,814.00 90,479.00 42,993.00 70,308.00 30,931.00 26,630.00 24,501.00 34,646.00 46,234.00 67,462.00 56,235.00 40,264.00 98,065.00 106,485.00 106,255.00 122,647.00 108,887.00 135,697.00
            Cash and Cash Equivalents 76,767.00 62,274.00 73,814.00 90,479.00 42,993.00 70,308.00 30,931.00 26,630.00 24,501.00 34,646.00 46,234.00 67,462.00 56,235.00 40,264.00 98,065.00 106,485.00 106,255.00 122,647.00 108,887.00 135,697.00
            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 222,112.00 253,160.00 230,185.00 260,218.00 249,183.00 210,954.00 212,498.00 268,421.00 242,183.00 253,045.00 255,146.00 267,244.00 237,834.00 258,116.00 220,964.00 282,917.00 235,710.00 219,867.00 209,163.00 237,738.00
      Inventory 80,007.00 80,299.00 79,631.00 79,179.00 77,316.00 79,216.00 80,758.00 77,521.00 70,184.00 74,382.00 75,641.00 75,423.00 70,286.00 64,648.00 61,578.00 54,043.00 44,789.00 46,556.00 44,854.00 45,750.00
      Other Current Assets 39,541.00 38,207.00 41,433.00 33,786.00 47,087.00 43,676.00 44,943.00 46,146.00 53,620.00 58,869.00 52,615.00 67,857.00 58,044.00 52,395.00 42,123.00 37,545.00 31,899.00 23,893.00 34,018.00 28,461.00
   Non-Current Assets 686,807.00 708,232.00 712,414.00 698,892.00 698,180.00 701,298.00 709,330.00 725,435.00 731,127.00 746,254.00 762,024.00 777,578.00 802,236.00 815,251.00 841,425.00 866,747.00 967,972.00 1,046,025.00 1,055,862.00 1,099,619.00
      Property, Plant, Equipment Net 114,631.00 114,042.00 113,492.00 94,908.00 79,514.00 74,725.00 77,868.00 81,603.00 81,486.00 84,808.00 86,790.00 89,720.00 94,245.00 95,455.00 97,592.00 100,832.00 103,003.00 107,156.00 111,816.00 118,645.00
      Goodwill 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 300,892.00 793,780.00 300,892.00 300,892.00 300,892.00 793,780.00 416,892.00 416,892.00 416,892.00 1,073,841.00
      Intangible Assets 153,752.00 164,742.00 175,994.00 376,074.00 199,322.00 212,052.00 224,880.00 478,574.00 504,906.00 533,952.00 563,650.00 593,356.00 623,794.00 319,787.00 335,188.00 350,730.00 367,131.00 384,352.00 401,533.00 417,356.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 91,117.00 99,314.00 93,672.00 88,982.00 0 0 0 69,761.00 0 0 0 53,649.00 0 0 0 47,287.00 0 0 0 10,651.00
      Other Non-Current Assets 26,415.00 29,242.00 28,364.00 -161,964.00 118,452.00 113,629.00 105,690.00 -205,395.00 -156,157.00 -173,398.00 -189,308.00 -752,927.00 -216,695.00 99,117.00 107,753.00 -425,882.00 80,946.00 137,625.00 125,621.00 -520,874.00
Liabilities 745,182.00 771,737.00 755,662.00 757,933.00 719,225.00 700,430.00 653,802.00 691,390.00 677,687.00 712,949.00 718,732.00 737,137.00 735,466.00 779,330.00 789,743.00 820,571.00 773,077.00 789,707.00 810,051.00 860,412.00
   Current Liabilities 291,874.00 313,619.00 305,180.00 328,873.00 293,099.00 272,574.00 504,315.00 341,073.00 325,473.00 345,588.00 342,800.00 330,493.00 298,093.00 345,068.00 338,185.00 344,453.00 284,733.00 287,204.00 296,522.00 327,630.00
      Payables and Expenses 164,812.00 178,841.00 170,778.00 194,010.00 181,881.00 157,180.00 151,338.00 176,851.00 162,949.00 191,260.00 186,008.00 181,080.00 172,279.00 202,469.00 192,421.00 197,873.00 157,274.00 147,701.00 156,734.00 198,252.00
            Account Payables 76,743.00 88,697.00 80,843.00 87,759.00 78,939.00 64,333.00 66,847.00 85,164.00 73,873.00 93,640.00 84,008.00 95,810.00 73,018.00 102,518.00 97,837.00 97,121.00 63,253.00 57,939.00 58,549.00 63,387.00
            Current Accrued Liabilities 88,069.00 90,144.00 89,935.00 106,251.00 102,942.00 92,847.00 84,491.00 91,687.00 89,076.00 97,620.00 102,000.00 85,270.00 99,261.00 99,951.00 94,584.00 100,752.00 94,021.00 89,762.00 98,185.00 134,865.00
      Short-Term Debt 20,365.00 19,566.00 17,779.00 15,568.00 15,457.00 15,847.00 242,381.00 50,841.00 54,988.00 40,413.00 35,031.00 35,474.00 35,675.00 36,136.00 36,680.00 37,461.00 37,906.00 38,032.00 37,685.00 32,554.00
      Other Current Liabilities 106,697.00 115,212.00 116,623.00 119,295.00 95,761.00 99,547.00 110,596.00 113,381.00 107,536.00 113,915.00 121,761.00 113,939.00 90,139.00 106,463.00 109,084.00 109,119.00 89,553.00 101,471.00 102,103.00 96,824.00
   Non-Current Liabilities 453,308.00 458,118.00 450,482.00 429,060.00 426,126.00 427,856.00 149,487.00 350,317.00 352,214.00 367,361.00 375,932.00 406,644.00 437,373.00 434,262.00 451,558.00 476,118.00 488,344.00 502,503.00 513,529.00 532,782.00
      Long-Term Debt 387,881.00 389,688.00 390,320.00 368,102.00 365,677.00 368,837.00 36,768.00 236,193.00 245,190.00 258,159.00 269,131.00 352,453.00 359,907.00 363,316.00 381,952.00 405,413.00 413,387.00 421,948.00 431,988.00 441,649.00
      Other Non-Current Liabilities 65,427.00 68,430.00 60,162.00 60,958.00 60,449.00 59,019.00 112,719.00 114,124.00 107,024.00 109,202.00 106,801.00 54,191.00 77,466.00 70,946.00 69,606.00 70,705.00 74,957.00 80,555.00 81,541.00 91,133.00
Equity 360,052.00 370,435.00 381,815.00 404,621.00 395,534.00 405,022.00 424,658.00 452,763.00 443,928.00 454,247.00 472,928.00 518,427.00 489,169.00 451,344.00 474,412.00 527,166.00 613,548.00 669,281.00 642,733.00 686,853.00
   Shareholders Equity 360,052.00 370,435.00 381,815.00 404,621.00 395,534.00 405,022.00 424,658.00 452,763.00 443,928.00 454,247.00 472,928.00 518,427.00 489,169.00 451,344.00 474,412.00 527,166.00 613,548.00 669,281.00 642,733.00 686,853.00
      Capital Stock 18.00 18.00 18.00 18.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00
      Share Premium 1,975,925.00 1,973,990.00 1,974,219.00 1,970,708.00 1,967,952.00 1,964,304.00 1,962,602.00 1,958,909.00 1,954,586.00 1,950,079.00 1,945,525.00 1,941,569.00 1,936,457.00 1,881,942.00 1,877,677.00 1,875,234.00 1,870,711.00 1,868,066.00 1,864,107.00 1,870,256.00
      Retained Earnings -1,623,614.00 -1,611,505.00 -1,600,412.00 -1,574,185.00 -1,580,549.00 -1,567,127.00 -1,550,311.00 -1,519,950.00 -1,527,029.00 -1,513,528.00 -1,492,049.00 -1,453,744.00 -1,474,232.00 -1,455,816.00 -1,425,636.00 -1,355,661.00 -1,259,353.00 -1,199,922.00 -1,223,163.00 -1,178,476.00
      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 7,723.00 7,932.00 7,990.00 8,080.00 8,114.00 7,828.00 12,350.00 13,787.00 16,354.00 17,679.00 19,435.00 30,585.00 26,927.00 25,203.00 22,356.00 7,578.00 2,175.00 1,122.00 1,774.00 -4,942.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 256,174.00 174,503.00 144,836.00 143,304.00 269,933.00 155,849.00 160,724.00 166,741.00 0 0 4,520.00 16,904.00 43,931.00 50,439.00 106,012.00 92,742.00 115,183.00
Debt 408,246.00 409,254.00 408,099.00 383,670.00 381,134.00 384,684.00 279,149.00 287,034.00 300,178.00 298,572.00 304,162.00 387,927.00 395,582.00 399,452.00 418,632.00 442,874.00 451,293.00 459,980.00 469,673.00 474,203.00
Net Debt 331,479.00 346,980.00 334,285.00 293,191.00 338,141.00 314,376.00 248,218.00 260,404.00 275,677.00 263,926.00 257,928.00 320,465.00 339,347.00 359,188.00 320,567.00 336,389.00 345,038.00 337,333.00 360,786.00 338,506.00
Common Shares Outstanding 176,476.49 177,156.34 175,967.88 175,599.25 174,735.80 174,437.24 172,714.43 172,083.67 171,417.37 170,958.40 169,229.98 168,324.99 168,093.45 150,459.78 150,111.96 148,895.31 148,613.83 148,057.30 147,358.59 145,425.25
Preferred Shares Outstanding 0 0 0 0 0 0 55.00 55.00 55.00 55.00 55.00 0 0 0 0 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
Revenues 617,233.00 401,862.00 181,279.00 -300,589.00 582,522.00 372,284.00 179,664.00 -356,535.00 599,938.00 396,777.00 186,159.00 -318,553.00 586,121.00 378,994.00 173,198.00 -366,177.00 614,380.00 403,982.00 192,772.00
Cost Of Revenue 317,590.00 210,185.00 98,909.00 -158,885.00 283,083.00 182,462.00 87,709.00 -213,969.00 313,563.00 213,905.00 104,757.00 -171,906.00 299,198.00 196,389.00 95,143.00 -102,014.00 255,078.00 165,008.00 82,225.00
Gross Profit 299,643.00 191,677.00 82,370.00 -141,704.00 299,439.00 189,822.00 91,955.00 -142,566.00 286,375.00 182,872.00 81,402.00 -146,647.00 286,923.00 182,605.00 78,055.00 -264,163.00 359,302.00 238,974.00 110,547.00
Operating Expenses 312,264.00 207,061.00 101,980.00 -203,831.00 315,787.00 205,243.00 105,441.00 -236,236.00 327,330.00 224,683.00 116,591.00 -233,259.00 336,512.00 228,898.00 117,109.00 -156,283.00 356,962.00 238,626.00 123,151.00
   Selling, General and Administrative Expenses 145,513.00 96,082.00 46,916.00 -93,569.00 152,440.00 97,792.00 49,907.00 -98,092.00 143,375.00 97,695.00 49,444.00 -98,595.00 147,708.00 99,225.00 50,481.00 -97,864.00 148,647.00 100,386.00 52,771.00
   Research and Development Expenses 134,158.00 88,264.00 43,568.00 -89,971.00 134,897.00 89,252.00 45,763.00 -105,033.00 145,309.00 99,080.00 51,304.00 -105,966.00 153,159.00 103,793.00 52,690.00 -90,008.00 143,339.00 94,207.00 47,410.00
   Other Operating Expenses 32,593.00 22,715.00 11,496.00 -20,291.00 28,450.00 18,199.00 9,771.00 -33,111.00 38,646.00 27,908.00 15,843.00 -28,698.00 35,645.00 25,880.00 13,938.00 31,589.00 64,976.00 44,033.00 22,970.00
Operating Income -12,621.00 -15,384.00 -19,610.00 62,127.00 -16,348.00 -15,421.00 -13,486.00 93,670.00 -40,955.00 -41,811.00 -35,189.00 86,612.00 -49,589.00 -46,293.00 -39,054.00 -107,880.00 2,340.00 348.00 -12,604.00
Net Non-Operating Income -32,247.00 -20,507.00 -7,371.00 15,220.00 -37,778.00 -26,882.00 -13,500.00 2,533.00 -20,867.00 -11,104.00 -1,650.00 72,786.00 -56,629.00 -47,631.00 -32,801.00 35,861.00 -77,806.00 -17,135.00 -31,267.00
Interest Expense 33,083.00 21,477.00 10,500.00 -3,850.00 21,818.00 9,866.00 5,987.00 -12,621.00 20,331.00 13,188.00 6,422.00 -6,693.00 13,869.00 8,603.00 4,001.00 -10,691.00 11,836.00 8,867.00 5,819.00
Net Interest -33,083.00 -21,477.00 -10,500.00 3,850.00 -21,818.00 -9,866.00 -5,987.00 12,621.00 -20,331.00 -13,188.00 -6,422.00 6,693.00 -13,869.00 -8,603.00 -4,001.00 10,691.00 -11,836.00 -8,867.00 -5,819.00
EBT -44,868.00 -35,891.00 -26,981.00 77,347.00 -54,126.00 -42,303.00 -26,986.00 96,203.00 -61,822.00 -52,915.00 -36,839.00 159,398.00 -106,218.00 -93,924.00 -71,855.00 -72,019.00 -75,466.00 -16,787.00 -43,871.00
Income Tax 4,561.00 1,429.00 754.00 -6,555.00 6,473.00 4,874.00 3,375.00 -8,965.00 11,463.00 6,869.00 1,466.00 -5,948.00 12,353.00 6,231.00 1,880.00 20,072.00 5,411.00 4,659.00 816.00
Net Income -49,429.00 -37,320.00 -26,227.00 83,902.00 -60,599.00 -47,177.00 -30,361.00 105,168.00 -73,285.00 -59,784.00 -38,305.00 190,618.00 -118,571.00 -100,155.00 -69,975.00 -30,175.00 -80,877.00 -21,446.00 -44,687.00
EBIT -11,785.00 -14,414.00 -16,481.00 73,497.00 -32,308.00 -32,437.00 -20,999.00 83,582.00 -41,491.00 -39,727.00 -30,417.00 152,705.00 -92,349.00 -85,321.00 -67,854.00 -82,710.00 -63,630.00 -7,920.00 -38,052.00
Deprecation and Amortization 33,785.00 22,795.00 11,543.00 -17,817.00 30,881.00 18,101.00 11,501.00 -30,534.00 39,907.00 27,290.00 14,653.00 -31,516.00 46,219.00 30,943.00 15,542.00 -32,426.00 50,225.00 33,004.00 15,823.00
EBITDA 22,000.00 8,381.00 -4,938.00 55,680.00 -1,427.00 -14,336.00 -9,498.00 53,048.00 -1,584.00 -12,437.00 -15,764.00 121,189.00 -46,130.00 -54,378.00 -52,312.00 -115,136.00 -13,405.00 25,084.00 -22,229.00
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 -0.00
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 -0.00
Average Shares Outstanding Basic 176,366.00 176,237.00 175,719.00 177,023.00 173,615.00 173,110.00 172,428.00 173,810.00 169,955.00 169,326.00 168,541.00 175,029.00 152,795.00 149,681.00 149,167.00 150,454.00 147,204.00 146,706.00 145,936.00
Average Shares Outstanding Diluted 176,366.00 176,237.00 175,719.00 177,023.00 173,615.00 173,110.00 172,428.00 173,810.00 169,955.00 169,326.00 168,541.00 175,029.00 152,795.00 149,681.00 149,167.00 150,454.00 147,204.00 146,706.00 145,936.00
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
Operating Cash Flow 22,159.00 -4,330.00 -3,535.00 45,345.00 -11,527.00 3,322.00 13,100.00 432.00 -3,052.00 8,574.00 11,133.00 25,455.00 -42,462.00 -24,387.00 15,030.00 9,465.00 7,899.00 8,030.00 -6,212.00
   Operating Net Income -49,429.00 -37,320.00 -26,227.00 83,902.00 -60,599.00 -47,177.00 -30,361.00 105,168.00 -73,285.00 -59,784.00 -38,305.00 190,618.00 -118,571.00 -100,155.00 -69,975.00 -30,175.00 -80,877.00 -21,446.00 -44,687.00
   Deprecation and Amortization 33,785.00 22,795.00 11,543.00 -17,817.00 30,881.00 18,101.00 11,501.00 -30,534.00 39,907.00 27,290.00 14,653.00 -31,516.00 46,219.00 30,943.00 15,542.00 -32,426.00 50,225.00 33,004.00 15,823.00
   Deferred Income Tax 0 0 0 -16,887.00 0 0 0 -9,196.00 0 0 0 -18,251.00 0 0 0 -45,488.00 0 0 0
   Share Based Compensation 14,619.00 8,775.00 4,298.00 -8,513.00 12,061.00 8,016.00 4,522.00 -12,920.00 16,914.00 11,964.00 5,848.00 -7,697.00 13,495.00 8,654.00 4,255.00 -9,903.00 14,411.00 9,850.00 5,060.00
   Change in Working Capital -59,487.00 8,140.00 -29,670.00 199,870.00 -38,151.00 -97,861.00 -93,931.00 93,323.00 -97,510.00 -24,483.00 -17,768.00 108,378.00 -54,305.00 -4,553.00 -50,192.00 320,474.00 -78,285.00 -87,199.00 -71,982.00
   Other Operating Activities 82,671.00 -6,720.00 36,521.00 -195,210.00 44,281.00 122,243.00 121,369.00 -145,409.00 110,922.00 53,587.00 46,705.00 -216,077.00 70,700.00 40,724.00 115,400.00 -193,017.00 102,425.00 73,821.00 89,574.00
Investing Cash Flow -23,368.00 -17,831.00 -12,149.00 561.00 -14,890.00 -5,876.00 -2,663.00 3,643.00 -6,620.00 -4,091.00 -2,413.00 10,894.00 -13,044.00 -6,515.00 -3,471.00 10,130.00 -11,335.00 -7,626.00 -5,357.00
   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 23,368.00 17,831.00 12,149.00 -561.00 14,890.00 5,876.00 2,663.00 -3,643.00 6,620.00 4,091.00 2,413.00 -9,476.00 13,044.00 6,515.00 3,471.00 -13,074.00 14,279.00 10,570.00 5,357.00
   Net Purchase/Sale of Investments Net 95,290.00 54,723.00 28,766.00 -33,677.00 73,597.00 46,962.00 20,992.00 -35,750.00 73,028.00 48,327.00 21,100.00 -42,954.00 57,640.00 40,714.00 18,000.00 0 88,000.00 63,200.00 31,100.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 348,270.00 0 0 0 343,908.00 2,944.00 2,944.00 0
   Other Investing Activities -142,026.00 -90,385.00 -53,064.00 34,799.00 -103,377.00 -58,714.00 -26,318.00 43,036.00 -86,268.00 -56,509.00 -25,926.00 -284,946.00 -83,728.00 -53,744.00 -24,942.00 -138,404.00 -116,558.00 -84,340.00 -41,814.00
Financing Cash Flow -13,490.00 -7,393.00 -1,812.00 -40,084.00 40,177.00 43,456.00 -5,843.00 51,128.00 -32,163.00 -36,705.00 -30,119.00 55,481.00 6,207.00 -38,362.00 -22,395.00 29,969.00 -28,017.00 -20,858.00 -14,777.00
   Net Issuance/Repayment of Debt 3,938.00 1,750.00 875.00 -700,046.00 666,782.00 665,907.00 35,014.00 -150,030.00 214,044.00 145,029.00 80,015.00 -60,407.00 157,727.00 75,370.00 20,213.00 -304,126.00 162,522.00 157,279.00 152,029.00
   Net Issuance/Repurchase of Equity 5,737.00 2,259.00 1.00 -56,880.00 56,867.00 56,867.00 17.00 -106,703.00 53,365.00 53,352.00 53,351.00 0.00 52,068.00 0 0 -48.00 24.00 24.00 24.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -23,165.00 -11,402.00 -2,688.00 716,842.00 -683,472.00 -679,318.00 -40,874.00 307,861.00 -299,572.00 -235,086.00 -163,485.00 115,888.00 -203,588.00 -113,732.00 -42,608.00 334,143.00 -190,563.00 -178,161.00 -166,830.00
Net Change in Cash -13,712.00 -28,205.00 -16,665.00 5,307.00 13,463.00 40,778.00 4,301.00 55,973.00 -42,761.00 -32,616.00 -21,228.00 90,568.00 -50,550.00 -68,221.00 -11,020.00 50,436.00 -31,942.00 -20,896.00 -26,810.00
   Cash at Beginning of Period 90,479.00 90,479.00 90,479.00 85,172.00 26,630.00 26,630.00 26,630.00 -29,343.00 67,262.00 67,262.00 67,262.00 -23,306.00 106,485.00 106,485.00 106,485.00 56,049.00 135,697.00 135,697.00 135,697.00
   Cash at End of Period 76,767.00 62,274.00 73,814.00 90,479.00 40,093.00 67,408.00 30,931.00 26,630.00 24,501.00 34,646.00 46,034.00 67,262.00 55,935.00 38,264.00 95,465.00 106,485.00 103,755.00 114,801.00 108,887.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0