SBAC

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 29.28 54.67 65.65 179.27 1282.41
Price to Sales 8.19 10.12 11.49 18.42 15.11
Book Value Per Common Share -95.01 -95.71 -97.71 -96.98 -87.86
Price to Book -2.14 -2.65 -2.87 -4.01 -3.21
Price to Operating Cash Flow 16.43 17.77 23.54 35.74 27.94
Price to Free Cash Flow
Enterprise Value to EBITDA 210346.99 216731.09 245447.03 444905.34 439979.88
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 30.40 56.59 107.32 44.99 66.77 151.54 55.30 82.18 277.73 85.74 133.91 196.63 192.19 247.05 -2523.18
Price to Sales 9.92 18.54 35.69 13.05 16.05 35.61 10.64 18.53 41.79 15.78 27.17 60.01 21.12 31.02 55.37
Book Value Per Common Share -92.42 -91.90 -92.03 -95.01 -96.27 -98.94 -96.83 -95.71 -95.57 -93.97 -97.28 -97.71 -99.38 -100.83 -100.65 -96.98 -90.58 -88.37 -92.29 -87.86
Price to Book -2.09 -2.56 -2.39 -2.14 -2.50 -1.98 -2.24 -2.65 -2.09 -2.47 -2.68 -2.87 -2.86 -3.17 -3.42 -4.01 -3.65 -3.61 -3.01 -3.21
Price to Operating Cash Flow 21.05 37.77 78.71 25.29 29.38 79.56 19.50 31.43 90.72 30.82 51.99 127.16 40.61 54.64 106.42
Price to Free Cash Flow
Enterprise Value to EBITDA 202081.73 384992.04 731396.39 315109.10 459132.79 941858.17 226637.46 368814.23 866276.28 333490.87 535208.32 920285.67 492756.19 662925.16 2006824.31

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 50.00 8.67 96.77 886.36
Revenue YoY -1.18 2.97 14.06 10.83
EBITDA YoY -17.60 2.55 29.46 35.29
Net Profit YoY 49.37 8.75 94.18 885.83
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 53.25 102.44 81.97 105.59 28.37 200.00 38.91 36.57 33.33
Revenue YoY 53.72 105.23 50.64 100.40 50.41 100.44 53.12 105.20 52.43 104.88
EBITDA YoY 55.81 101.77 78.72 85.12 40.21 108.62 42.86 60.03 39.48 248.25
Net Profit YoY 53.04 102.29 81.46 105.36 28.67 201.20 38.74 36.86 33.92

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 26.55 2.64 2.12 4.56 3.33
Quick Ratio 1.69 0.37 0.68 1.01 0.75
Current Ratio 1.10 0.36 0.69 1.00 0.77
Debt to Equity 2.04 2.14 2.96 3.32 3.21
Long-Term Debt to Equity 1.82 1.95 2.83 3.19 3.07
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 4.58 2.96 6.95 26.57 3.01 3.41 2.61 2.65 2.46 3.19 2.11 2.12 3.45 3.27 3.74 4.57 2.89 3.65 2.77 3.39
Quick Ratio 0.40 0.32 0.65 1.69 0.65 0.19 0.17 0.37 0.64 0.69 0.64 0.68 0.37 0.36 0.41 1.01 0.66 0.78 0.69 0.75
Current Ratio 0.50 0.37 0.69 1.10 0.67 0.19 0.19 0.36 0.69 0.70 0.74 0.69 0.40 0.38 0.42 1.00 0.68 0.77 0.70 0.77
Debt to Equity -3.32 -3.21 -3.13 2.04 -2.99 -2.85 -2.93 2.14 -3.01 -3.10 -3.02 2.96 2.76 2.80 2.70 3.32 2.60 2.41 2.63 3.21
Long-Term Debt to Equity -2.99 -2.92 -2.85 1.82 -2.86 -2.39 -2.46 1.95 -2.88 -2.95 -2.89 2.83 2.52 2.56 2.48 3.19 2.49 2.31 2.53 3.07

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 3.06 2.23 2.18 1.21 0.13
ROE 9.30 7.03 8.64 5.24 0.55
Gross Margin 78.29 77.41 74.61 76.37 77.12
Operating Margin 28.83 20.23 19.97 10.94 -0.85
EBITDA Margin 38.89 46.64 46.84 41.26 33.81
Net Profit Margin 27.97 18.51 17.52 10.29 1.16
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 6.07 4.15 2.11 5.65 3.24 1.55 3.80 2.87 0.96 1.72 1.23 0.89 0.93 0.67 -0.06
ROE -14.07 -9.16 -4.50 -11.24 -6.02 -2.98 -7.64 -6.03 -1.94 6.48 4.68 3.28 3.36 2.30 -0.21
Gross Margin 75.40 76.10 76.87 78.37 78.82 79.02 77.00 76.47 75.68 74.50 74.92 75.33 76.33 76.38 76.35
Operating Margin 38.64 38.19 39.13 31.06 24.17 26.06 20.14 23.40 21.33 20.39 23.15 36.91 11.92 14.88 -5.95
EBITDA Margin 48.75 48.10 48.92 41.35 34.86 37.73 46.89 50.30 48.33 47.32 50.72 65.04 42.86 46.84 27.56
Net Profit Margin 32.61 32.76 33.23 29.00 24.07 23.49 19.26 22.52 14.98 18.39 20.30 30.43 11.01 12.53 -2.14

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 24,534,672.00 22,456,882.00 21,171,082.00 19,604,298.00 18,317,036.00
   Current Assets 1,978,720.00 484,267.00 482,733.00 614,446.00 472,990.00
      Cash and Short-Term Investments 2,857,681.00 285,851.00 228,957.00 498,400.00 371,902.00
            Cash and Cash Equivalents 2,603,147.00 284,805.00 227,626.00 498,400.00 371,902.00
            Short-Term Investments 254,534.00 1,046.00 1,331.00 0 0
      Net Receivables 172,095.00 215,046.00 243,968.00 126,550.00 88,388.00
      Inventory 0 0 0 0 0
      Other Current Assets -1,051,056.00 -16,630.00 9,808.00 -10,504.00 12,700.00
   Non-Current Assets 22,555,952.00 21,972,615.00 20,688,349.00 18,989,852.00 17,844,046.00
      Property, Plant, Equipment Net 5,084,543.00 4,952,500.00 5,095,682.00 4,843,957.00 5,046,684.00
      Goodwill 0 0 0 0 0
      Intangible Assets 2,388,707.00 2,455,597.00 2,776,472.00 2,803,247.00 3,156,150.00
      Long-Term Investments 20,800.00 24,540.00 40,700.00 47,900.00 57,600.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 15,061,902.00 14,539,978.00 12,775,495.00 11,294,748.00 9,583,612.00
Liabilities 16,473,142.00 15,314,276.00 15,829,621.00 15,067,853.00 13,967,206.00
   Current Liabilities 1,797,936.00 1,363,259.00 696,764.00 616,331.00 614,801.00
      Payables and Expenses 203,765.00 192,320.00 207,084.00 151,232.00 227,350.00
            Account Payables 121,788.00 99,698.00 105,600.00 83,162.00 164,319.00
            Current Accrued Liabilities 81,977.00 92,622.00 101,484.00 68,070.00 63,031.00
      Short-Term Debt 1,187,913.00 643,145.00 24,000.00 24,000.00 24,000.00
      Other Current Liabilities 406,258.00 527,794.00 465,680.00 441,099.00 363,451.00
   Non-Current Liabilities 14,675,206.00 13,951,017.00 15,132,857.00 14,451,522.00 13,352,405.00
      Long-Term Debt 12,403,825.00 11,681,170.00 12,844,162.00 12,278,694.00 11,071,796.00
      Other Non-Current Liabilities 2,271,381.00 2,269,847.00 2,288,695.00 2,172,828.00 2,280,609.00
Equity 8,061,530.00 7,142,606.00 5,341,461.00 4,536,445.00 4,349,830.00
   Shareholders Equity -10,219,876.00 -10,341,764.00 -10,552,630.00 -10,566,808.00 -9,648,764.00
      Capital Stock 1,076.00 1,080.00 1,080.00 1,089.00 1,098.00
      Share Premium 2,975,455.00 2,894,060.00 2,795,176.00 2,681,347.00 2,586,130.00
      Retained Earnings -7,326,189.00 -7,450,824.00 -7,482,061.00 -7,203,531.00 -6,604,028.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -760,280.00 -615,198.00 -590,510.00 -762,309.00 -807,582.00
   Minority Interest 0 0 0 0 0
Investments 254,534.00 148,104.00 182,860.00 47,900.00 57,600.00
Debt 13,591,738.00 12,324,315.00 12,868,162.00 12,302,694.00 11,095,796.00
Net Debt 10,734,057.00 12,038,464.00 12,639,205.00 11,804,294.00 10,723,894.00
Common Shares Outstanding 107,561.00 108,050.00 107,997.00 108,956.00 109,819.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 2,679,634.00 2,711,584.00 2,633,454.00 2,308,834.00 2,083,138.00
Cost Of Revenue 581,727.00 612,622.00 668,650.00 545,484.00 476,528.00
Gross Profit 2,097,907.00 2,098,962.00 1,964,804.00 1,763,350.00 1,606,610.00
Operating Expenses 662,144.00 1,175,303.00 1,039,396.00 980,855.00 972,916.00
   Selling, General and Administrative Expenses 258,756.00 267,936.00 261,853.00 220,029.00 194,267.00
   Other Operating Expenses 403,388.00 907,367.00 777,543.00 760,826.00 778,649.00
Operating Income 1,435,763.00 923,659.00 925,408.00 782,495.00 633,694.00
Net Non-Operating Income -663,097.00 -375,156.00 -399,565.00 -529,931.00 -651,443.00
Interest Expense 0.00 0.00 0.00 0.00 0.00
Net Interest 41,962.00 18,305.00 10,133.00 3,448.00 2,981.00
EBT 772,666.00 548,503.00 525,843.00 252,564.00 -17,749.00
Income Tax 23,989.00 51,088.00 66,044.00 14,940.00 41,796.00
Net Income Including Non-Controlling Interests 750,395.00 506,209.00 463,059.00 237,624.00 24,161.00
Net Income Non-Controlling Interests -859.00 -4,397.00 -1,630.00 0.00 -57.00
Net Income 749,536.00 501,812.00 461,429.00 237,624.00 24,104.00
EBIT 772,666.00 548,503.00 525,843.00 252,564.00 -17,749.00
Deprecation and Amortization 269,517.00 716,309.00 707,576.00 700,161.00 721,970.00
EBITDA 1,042,183.00 1,264,812.00 1,233,419.00 952,725.00 704,221.00
EPS 0.01 0.00 0.00 0.00 0.00
Diluted EPS 0.01 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 107,644.00 108,204.00 107,957.00 109,328.00 111,532.00
Average Shares Outstanding Diluted 108,080.00 108,907.00 109,386.00 111,177.00 113,465.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,334,866.00 1,544,393.00 1,285,700.00 1,189,896.00 1,126,033.00
   Operating Net Income 748,677.00 497,415.00 459,799.00 237,624.00 24,047.00
   Deprecation and Amortization 269,517.00 716,309.00 707,576.00 700,161.00 721,970.00
   Deferred Income Tax -13,087.00 4,629.00 32,901.00 -8,510.00 -63,187.00
   Share Based Compensation 74,374.00 87,919.00 99,909.00 84,402.00 68,890.00
   Change in Working Capital -126,282.00 44,279.00 103,072.00 96,802.00 -41,993.00
   Other Operating Activities 381,667.00 193,842.00 -117,557.00 79,417.00 416,306.00
Investing Cash Flow -809,310.00 -468,246.00 -1,393,654.00 -1,423,260.00 -446,366.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 228,149.00 236,698.00 214,443.00 133,694.00 128,566.00
   Net Purchase/Sale of Investments Net 3,343,750.00 2,677,801.00 1,759,395.00 3,492,816.00 2,524,794.00
   Net Purchase/Sale of Business 310,911.00 230,455.00 1,176,092.00 1,257,704.00 271,418.00
   Other Investing Activities -4,692,120.00 -3,613,200.00 -4,543,584.00 -6,307,474.00 -3,371,144.00
Financing Cash Flow 645,742.00 -1,017,218.00 -135,474.00 339,264.00 -469,017.00
   Net Issuance/Repayment of Debt 6,042,809.00 1,650,000.00 3,024,885.00 9,256,282.00 5,186,627.00
   Net Issuance/Repurchase of Equity 200,019.00 100,010.00 431,666.00 582,578.00 859,335.00
   Dividends Paid 424,191.00 369,960.00 306,766.00 253,580.00 207,689.00
   Other Financing Activities -6,021,277.00 -3,137,188.00 -3,898,791.00 -9,753,176.00 -6,722,668.00
Net Change in Cash 1,149,711.00 61,663.00 -246,343.00 92,818.00 201,688.00
   Cash at Beginning of Period 250,946.00 189,283.00 435,626.00 342,808.00 141,120.00
   Cash at End of Period 1,400,657.00 250,946.00 189,283.00 435,626.00 342,808.00
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 11,260,239.00 10,766,387.00 10,442,917.00 24,534,672.00 10,201,663.00 9,786,178.00 9,995,266.00 22,456,882.00 10,334,181.00 10,604,470.00 10,541,529.00 21,171,082.00 20,798,028.00 20,923,874.00 21,284,200.00 19,604,298.00 20,236,164.00 20,920,626.00 20,426,920.00 18,317,036.00
   Current Assets 812,524.00 523,808.00 933,316.00 1,978,720.00 450,267.00 460,006.00 447,596.00 484,267.00 459,983.00 518,617.00 471,550.00 482,733.00 529,813.00 494,899.00 539,423.00 614,446.00 403,788.00 482,226.00 389,927.00 472,990.00
      Cash and Short-Term Investments 492,040.00 318,389.00 748,513.00 2,857,681.00 324,622.00 367,856.00 281,693.00 285,851.00 266,128.00 345,723.00 227,902.00 228,957.00 372,682.00 352,857.00 403,931.00 498,400.00 316,078.00 399,343.00 303,174.00 371,902.00
            Cash and Cash Equivalents 491,240.00 316,789.00 682,783.00 2,603,147.00 308,377.00 337,456.00 280,093.00 284,805.00 264,987.00 323,323.00 226,002.00 227,626.00 351,543.00 312,057.00 403,131.00 498,400.00 315,278.00 398,543.00 302,474.00 371,902.00
            Short-Term Investments 800.00 1,600.00 65,730.00 254,534.00 16,245.00 30,400.00 1,600.00 1,046.00 1,141.00 22,400.00 1,900.00 1,331.00 21,139.00 40,800.00 800.00 0 800.00 800.00 700.00 0
      Net Receivables 158,126.00 139,890.00 129,847.00 172,095.00 111,018.00 88,650.00 126,525.00 215,046.00 158,333.00 160,311.00 183,134.00 243,968.00 116,966.00 115,137.00 121,583.00 126,550.00 76,076.00 85,976.00 86,165.00 88,388.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 162,358.00 65,529.00 54,956.00 -1,051,056.00 14,627.00 3,500.00 39,378.00 -16,630.00 35,522.00 12,583.00 60,514.00 9,808.00 40,165.00 26,905.00 13,909.00 -10,504.00 11,634.00 -3,093.00 588.00 12,700.00
   Non-Current Assets 10,447,715.00 10,242,579.00 9,509,601.00 22,555,952.00 9,751,396.00 9,326,172.00 9,547,670.00 21,972,615.00 9,874,198.00 10,085,853.00 10,069,979.00 20,688,349.00 20,268,215.00 20,428,975.00 20,744,777.00 18,989,852.00 19,832,376.00 20,438,400.00 20,036,993.00 17,844,046.00
      Property, Plant, Equipment Net 5,730,894.00 5,677,618.00 5,159,007.00 5,084,543.00 5,106,811.00 4,849,054.00 4,895,532.00 4,952,500.00 5,016,585.00 5,074,455.00 5,086,393.00 5,095,682.00 4,983,375.00 5,033,864.00 5,036,966.00 4,843,957.00 4,877,634.00 4,978,462.00 4,911,596.00 5,046,684.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 2,725,045.00 2,579,806.00 2,403,046.00 2,388,707.00 2,492,360.00 2,314,238.00 2,403,849.00 2,455,597.00 2,523,620.00 2,628,077.00 2,693,883.00 2,776,472.00 2,701,939.00 2,800,562.00 2,909,789.00 2,803,247.00 2,906,855.00 3,051,616.00 2,984,098.00 3,156,150.00
      Long-Term Investments 13,536.00 16,000.00 18,133.00 20,800.00 26,600.00 19,247.00 22,020.00 24,540.00 31,600.00 34,200.00 37,100.00 40,700.00 44,025.00 42,122.00 45,617.00 47,900.00 48,719.00 51,941.00 55,523.00 57,600.00
      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 1,978,240.00 1,969,155.00 1,929,415.00 15,061,902.00 2,125,625.00 2,143,633.00 2,226,269.00 14,539,978.00 2,302,393.00 2,349,121.00 2,252,603.00 12,775,495.00 12,538,876.00 12,552,427.00 12,752,405.00 11,294,748.00 11,999,168.00 12,356,381.00 12,085,776.00 9,583,612.00
Liabilities 16,117,617.00 15,640,125.00 15,351,016.00 16,473,142.00 15,327,423.00 15,062,102.00 15,181,509.00 15,314,276.00 15,465,620.00 15,659,227.00 15,772,499.00 15,829,621.00 15,273,229.00 15,410,667.00 15,531,210.00 15,067,853.00 14,611,210.00 14,784,878.00 14,794,960.00 13,967,206.00
   Current Liabilities 1,610,968.00 1,429,705.00 1,343,016.00 1,797,936.00 667,843.00 2,459,565.00 2,413,289.00 1,363,259.00 663,148.00 738,389.00 638,783.00 696,764.00 1,338,379.00 1,318,200.00 1,278,553.00 616,331.00 592,024.00 626,006.00 560,764.00 614,801.00
      Payables and Expenses 355,106.00 222,007.00 174,488.00 203,765.00 175,838.00 184,985.00 155,401.00 192,320.00 169,419.00 186,252.00 174,565.00 207,084.00 172,596.00 177,993.00 144,921.00 151,232.00 131,240.00 169,649.00 117,831.00 227,350.00
            Account Payables 257,570.00 135,922.00 99,742.00 121,788.00 86,526.00 108,666.00 78,366.00 99,698.00 76,719.00 102,131.00 81,768.00 105,600.00 76,420.00 92,296.00 64,293.00 83,162.00 61,267.00 100,994.00 60,613.00 164,319.00
            Current Accrued Liabilities 97,536.00 86,085.00 74,746.00 81,977.00 89,312.00 76,319.00 77,035.00 92,622.00 92,700.00 84,121.00 92,797.00 101,484.00 96,176.00 85,697.00 80,628.00 68,070.00 69,973.00 68,655.00 57,218.00 63,031.00
      Short-Term Debt 772,562.00 772,181.00 771,802.00 1,187,913.00 23,000.00 1,806,304.00 1,805,395.00 643,145.00 24,000.00 24,000.00 24,000.00 24,000.00 663,181.00 662,720.00 662,264.00 24,000.00 24,000.00 24,000.00 24,000.00 24,000.00
      Other Current Liabilities 483,300.00 435,517.00 396,726.00 406,258.00 469,005.00 468,276.00 452,493.00 527,794.00 469,729.00 528,137.00 440,218.00 465,680.00 502,602.00 477,487.00 471,368.00 441,099.00 436,784.00 432,357.00 418,933.00 363,451.00
   Non-Current Liabilities 14,506,649.00 14,210,420.00 14,008,000.00 14,675,206.00 14,659,580.00 12,602,537.00 12,768,220.00 13,951,017.00 14,802,472.00 14,920,838.00 15,133,716.00 15,132,857.00 13,934,850.00 14,092,467.00 14,252,657.00 14,451,522.00 14,019,186.00 14,158,872.00 14,234,196.00 13,352,405.00
      Long-Term Debt 11,932,919.00 11,739,364.00 11,654,372.00 12,403,825.00 12,296,479.00 10,473,739.00 10,550,553.00 11,681,170.00 12,491,102.00 12,571,931.00 12,797,828.00 12,844,162.00 11,696,068.00 11,817,504.00 11,969,068.00 12,278,694.00 11,822,536.00 11,908,447.00 12,019,757.00 11,071,796.00
      Other Non-Current Liabilities 2,573,730.00 2,471,056.00 2,353,628.00 2,271,381.00 2,363,101.00 2,128,798.00 2,217,667.00 2,269,847.00 2,311,370.00 2,348,907.00 2,335,888.00 2,288,695.00 2,238,782.00 2,274,963.00 2,283,589.00 2,172,828.00 2,196,650.00 2,250,425.00 2,214,439.00 2,280,609.00
Equity -4,857,378.00 -4,873,738.00 -4,908,099.00 8,061,530.00 -5,125,760.00 -5,275,924.00 -5,186,243.00 7,142,606.00 -5,131,439.00 -5,054,757.00 -5,230,970.00 5,341,461.00 5,524,799.00 5,513,207.00 5,752,990.00 4,536,445.00 5,624,954.00 6,135,748.00 5,631,960.00 4,349,830.00
   Shareholders Equity -9,867,966.00 -9,877,790.00 -9,941,406.00 -10,219,876.00 -10,349,704.00 -10,633,482.00 -10,445,640.00 -10,341,764.00 -10,332,972.00 -10,184,660.00 -10,538,308.00 -10,552,630.00 -10,729,660.00 -10,877,222.00 -10,850,294.00 -10,566,808.00 -9,916,610.00 -9,679,484.00 -10,090,354.00 -9,648,764.00
      Capital Stock 1,068.00 1,075.00 1,080.00 1,076.00 1,075.00 1,075.00 1,079.00 1,080.00 1,081.00 1,084.00 1,083.00 1,080.00 1,080.00 1,079.00 1,078.00 1,089.00 1,095.00 1,095.00 1,093.00 1,098.00
      Share Premium 3,038,027.00 3,022,684.00 2,991,050.00 2,975,455.00 2,941,520.00 2,930,332.00 2,915,215.00 2,894,060.00 2,848,463.00 2,824,994.00 2,800,046.00 2,795,176.00 2,756,215.00 2,717,963.00 2,688,835.00 2,681,347.00 2,711,934.00 2,657,540.00 2,610,472.00 2,586,130.00
      Retained Earnings -7,284,980.00 -7,251,106.00 -7,226,216.00 -7,326,189.00 -7,393,799.00 -7,546,370.00 -7,509,379.00 -7,450,824.00 -7,421,725.00 -7,362,838.00 -7,473,913.00 -7,482,061.00 -7,508,231.00 -7,531,180.00 -7,523,696.00 -7,203,531.00 -6,890,822.00 -6,759,382.00 -6,848,313.00 -6,604,028.00
      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 -688,098.00 -711,548.00 -736,617.00 -760,280.00 -723,648.00 -701,778.00 -629,735.00 -615,198.00 -594,305.00 -555,570.00 -596,370.00 -590,510.00 -613,894.00 -626,473.00 -591,364.00 -762,309.00 -780,512.00 -738,995.00 -808,429.00 -807,582.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 55,311.00 55,356.00 65,730.00 254,534.00 164,775.00 157,580.00 155,580.00 148,104.00 143,252.00 159,320.00 151,464.00 182,860.00 189,150.00 147,036.00 134,425.00 47,900.00 48,719.00 51,941.00 55,523.00 57,600.00
Debt 12,705,481.00 12,511,545.00 12,426,174.00 13,591,738.00 12,319,479.00 12,280,043.00 12,355,948.00 12,324,315.00 12,515,102.00 12,595,931.00 12,821,828.00 12,868,162.00 12,359,249.00 12,480,224.00 12,631,332.00 12,302,694.00 11,846,536.00 11,932,447.00 12,043,757.00 11,095,796.00
Net Debt 12,213,441.00 12,193,156.00 11,677,661.00 10,734,057.00 11,994,857.00 11,912,187.00 12,074,255.00 12,038,464.00 12,248,974.00 12,250,208.00 12,593,926.00 12,639,205.00 11,986,567.00 12,127,367.00 12,227,401.00 11,804,294.00 11,530,458.00 11,533,104.00 11,740,583.00 10,723,894.00
Common Shares Outstanding 106,773.00 107,487.00 108,028.00 107,561.00 107,506.00 107,471.00 107,880.00 108,050.00 108,120.00 108,381.00 108,326.00 107,997.00 107,964.00 107,872.00 107,806.00 108,956.00 109,480.00 109,534.00 109,331.00 109,819.00
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 2,095,556.00 1,363,229.00 664,248.00 -1,282,501.00 1,985,934.00 1,318,339.00 657,862.00 -1,354,508.00 2,036,560.00 1,354,016.00 675,516.00 -1,205,452.00 1,947,360.00 1,271,776.00 619,770.00 -1,077,867.00 1,713,696.00 1,124,266.00 548,739.00
Cost Of Revenue 515,552.00 325,763.00 153,666.00 -265,121.00 429,598.00 279,259.00 137,991.00 -338,561.00 468,325.00 318,554.00 164,304.00 -299,708.00 496,491.00 318,939.00 152,928.00 -255,505.00 405,682.00 265,533.00 129,774.00
Gross Profit 1,580,004.00 1,037,466.00 510,582.00 -1,017,380.00 1,556,336.00 1,039,080.00 519,871.00 -1,015,947.00 1,568,235.00 1,035,462.00 511,212.00 -905,744.00 1,450,869.00 952,837.00 466,842.00 -822,362.00 1,308,014.00 858,733.00 418,965.00
Operating Expenses 536,143.00 367,776.00 175,672.00 -398,533.00 502,912.00 361,252.00 196,513.00 -536,125.00 854,263.00 570,094.00 287,071.00 -475,870.00 760,123.00 505,080.00 250,063.00 -472,819.00 722,897.00 485,391.00 245,386.00
   Selling, General and Administrative Expenses 203,249.00 137,241.00 66,219.00 -132,177.00 191,161.00 131,074.00 68,698.00 -140,277.00 200,412.00 135,592.00 72,209.00 -116,910.00 191,241.00 125,398.00 62,124.00 -93,664.00 156,546.00 105,546.00 51,601.00
   Other Operating Expenses 332,894.00 230,535.00 109,453.00 -266,356.00 311,751.00 230,178.00 127,815.00 -395,848.00 653,851.00 434,502.00 214,862.00 -358,960.00 568,882.00 379,682.00 187,939.00 -379,155.00 566,351.00 379,845.00 193,785.00
Operating Income 1,043,861.00 669,690.00 334,910.00 -618,847.00 1,053,424.00 677,828.00 323,358.00 -479,822.00 713,972.00 465,368.00 224,141.00 -429,874.00 690,746.00 447,757.00 216,779.00 -349,543.00 585,117.00 373,342.00 173,579.00
Net Non-Operating Income -234,100.00 -149,014.00 -74,985.00 284,667.00 -436,632.00 -359,244.00 -151,888.00 157,328.00 -303,893.00 -148,512.00 -80,079.00 35,544.00 -293,728.00 -153,385.00 12,004.00 263,310.00 -380,903.00 -206,092.00 -206,246.00
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 24,452.00 18,935.00 10,780.00 -1,071.00 21,359.00 14,360.00 7,314.00 -4,774.00 12,765.00 7,498.00 2,816.00 -3,267.00 6,878.00 4,020.00 2,502.00 -487.00 2,124.00 1,179.00 632.00
EBT 809,761.00 520,676.00 259,925.00 -334,180.00 616,792.00 318,584.00 171,470.00 -322,494.00 410,079.00 316,856.00 144,062.00 -394,330.00 397,018.00 294,372.00 228,783.00 -86,233.00 204,214.00 167,250.00 -32,667.00
Income Tax 125,730.00 77,078.00 42,019.00 -44,434.00 46,906.00 4,590.00 16,927.00 -28,943.00 22,192.00 14,331.00 43,508.00 -51,144.00 39,797.00 36,914.00 40,477.00 -47,804.00 15,494.00 26,328.00 20,922.00
Net Income Including Non-Controlling Interests 682,653.00 449,452.00 223,558.00 -306,824.00 581,926.00 320,750.00 154,543.00 -299,557.00 396,681.00 307,205.00 101,880.00 -343,782.00 359,079.00 258,822.00 188,940.00 -80,273.00 188,720.00 140,922.00 -11,745.00
Net Income Non-Controlling Interests 689.00 -2,927.00 -2,826.00 8,539.00 -6,020.00 -3,378.00 0.00 3,003.00 -4,397.00 -2,340.00 -663.00 298.00 -929.00 -682.00 -317.00 0.00 0.00 0.00 0.00
Net Income 683,342.00 446,525.00 220,732.00 -298,285.00 575,906.00 317,372.00 154,543.00 -296,554.00 392,284.00 304,865.00 101,217.00 -343,484.00 358,150.00 258,140.00 188,623.00 -80,273.00 188,720.00 140,922.00 -11,745.00
EBIT 809,761.00 520,676.00 259,925.00 -334,180.00 616,792.00 318,584.00 171,470.00 -322,494.00 410,079.00 316,856.00 144,062.00 -394,330.00 397,018.00 294,372.00 228,783.00 -86,233.00 204,214.00 167,250.00 -32,667.00
Deprecation and Amortization 211,894.00 135,012.00 65,048.00 -152,606.00 204,444.00 140,929.00 76,750.00 -375,250.00 544,909.00 364,235.00 182,415.00 -342,004.00 524,541.00 350,716.00 174,323.00 -373,336.00 530,266.00 359,350.00 183,881.00
EBITDA 1,021,655.00 655,688.00 324,973.00 -486,786.00 821,236.00 459,513.00 248,220.00 -697,744.00 954,988.00 681,091.00 326,477.00 -736,334.00 921,559.00 645,088.00 403,106.00 -459,569.00 734,480.00 526,600.00 151,214.00
EPS 0.01 0.00 0.00 -0.00 0.01 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 0.01 0.00 0.00 0.00 0.01 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 107,509.00 107,637.00 107,744.00 107,009.00 107,683.00 107,782.00 108,102.00 108,152.00 108,288.00 108,244.00 108,132.00 107,826.00 107,950.00 107,966.00 108,086.00 108,915.00 109,487.00 109,441.00 109,469.00
Average Shares Outstanding Diluted 107,831.00 107,968.00 108,140.00 107,484.00 108,072.00 108,148.00 108,616.00 108,262.00 109,017.00 109,078.00 109,271.00 109,141.00 109,416.00 109,443.00 109,544.00 112,700.00 111,329.00 111,210.00 109,469.00
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 987,303.00 669,273.00 301,175.00 -704,330.00 1,024,697.00 720,046.00 294,453.00 -676,658.00 1,111,782.00 798,101.00 311,168.00 -668,445.00 997,066.00 664,597.00 292,482.00 -625,214.00 891,330.00 638,282.00 285,498.00
   Operating Net Income 684,031.00 443,598.00 217,906.00 -289,746.00 569,886.00 313,994.00 154,543.00 -293,551.00 387,887.00 302,525.00 100,554.00 -343,186.00 357,221.00 257,458.00 188,306.00 -80,273.00 188,720.00 140,922.00 -11,745.00
   Deprecation and Amortization 211,894.00 135,012.00 65,048.00 -152,606.00 204,444.00 140,929.00 76,750.00 -375,250.00 544,909.00 364,235.00 182,415.00 -342,004.00 524,541.00 350,716.00 174,323.00 -373,336.00 530,266.00 359,350.00 183,881.00
   Deferred Income Tax 94,643.00 61,867.00 35,682.00 -25,297.00 17,053.00 -13,126.00 8,283.00 -29,971.00 -1,462.00 -258.00 36,320.00 -39,905.00 15,532.00 23,012.00 34,262.00 6,879.00 -2,711.00 14,159.00 -26,837.00
   Share Based Compensation 111,121.00 73,143.00 30,788.00 -157,395.00 110,815.00 78,712.00 42,242.00 -180,905.00 129,539.00 87,550.00 51,735.00 -191,415.00 146,449.00 96,012.00 48,863.00 -154,755.00 116,424.00 82,727.00 40,006.00
   Change in Working Capital 65,750.00 -17,463.00 -10,967.00 232,231.00 -84,797.00 -155,296.00 -118,420.00 62,113.00 -19,333.00 4,991.00 -3,492.00 -62,024.00 123,885.00 13,835.00 27,376.00 -71,660.00 100,800.00 13,758.00 53,904.00
   Other Operating Activities -180,136.00 -26,884.00 -37,282.00 -311,517.00 207,296.00 354,833.00 131,055.00 140,906.00 70,242.00 39,058.00 -56,364.00 310,089.00 -170,562.00 -76,436.00 -180,648.00 47,931.00 -42,169.00 27,366.00 46,289.00
Investing Cash Flow -421,008.00 -342,696.00 238,266.00 -37,062.00 -480,420.00 -206,518.00 -85,310.00 298,737.00 -361,876.00 -258,346.00 -146,761.00 -60,767.00 -591,311.00 -485,695.00 -255,881.00 2,115,900.00 -1,277,822.00 -1,184,754.00 -1,076,584.00
   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 162,091.00 102,038.00 46,173.00 -110,166.00 172,600.00 107,844.00 57,871.00 -98,996.00 173,976.00 112,583.00 49,135.00 -62,884.00 148,348.00 90,971.00 38,008.00 -36,624.00 90,407.00 55,375.00 24,536.00
   Net Purchase/Sale of Investments Net 1,569,940.00 1,115,197.00 639,281.00 -1,025,147.00 2,397,911.00 1,340,952.00 630,034.00 -1,250,585.00 2,105,055.00 1,319,628.00 503,703.00 179,973.00 989,912.00 526,390.00 63,120.00 -1,036,431.00 1,510,221.00 1,509,654.00 1,509,372.00
   Net Purchase/Sale of Business 704,979.00 693,079.00 144,116.00 -37,925.00 268,409.00 61,022.00 19,405.00 77,938.00 92,851.00 39,737.00 19,929.00 188,612.00 418,721.00 353,578.00 215,181.00 -2,112,577.00 1,187,754.00 1,129,851.00 1,052,676.00
   Other Investing Activities -2,858,018.00 -2,253,010.00 -591,304.00 1,136,176.00 -3,319,340.00 -1,716,336.00 -792,620.00 1,570,380.00 -2,733,758.00 -1,730,294.00 -719,528.00 -366,468.00 -2,148,292.00 -1,456,634.00 -572,190.00 5,301,532.00 -4,066,204.00 -3,879,634.00 -3,663,168.00
Financing Cash Flow -1,520,215.00 -1,440,413.00 -1,282,135.00 1,838,937.00 -533,848.00 -467,935.00 -191,412.00 324,062.00 -705,664.00 -474,888.00 -160,728.00 958,348.00 -566,068.00 -376,004.00 -151,750.00 -1,216,085.00 308,612.00 545,394.00 701,343.00
   Net Issuance/Repayment of Debt 582,250.00 85,750.00 5,750.00 -9,802,896.00 5,704,315.00 5,253,565.00 4,887,825.00 -1,090,000.00 1,270,000.00 960,000.00 510,000.00 1,194,885.00 870,000.00 630,000.00 330,000.00 -5,397,912.00 5,443,012.00 5,258,012.00 3,953,170.00
   Net Issuance/Repurchase of Equity 281,531.00 130,696.00 0 -306,176.00 200,019.00 200,019.00 106,157.00 46,358.00 53,652.00 0 0 -863,333.00 431,666.00 431,666.00 431,667.00 -39,610.00 284,343.00 168,922.00 168,923.00
   Dividends Paid 360,780.00 241,640.00 122,275.00 -216,216.00 318,808.00 213,464.00 108,135.00 -188,244.00 278,201.00 186,070.00 93,933.00 -153,647.00 230,102.00 153,438.00 76,873.00 -127,181.00 190,456.00 126,893.00 63,412.00
   Other Financing Activities -2,744,776.00 -1,898,499.00 -1,410,160.00 12,164,225.00 -6,756,990.00 -6,134,983.00 -5,293,529.00 1,555,948.00 -2,307,517.00 -1,620,958.00 -764,661.00 780,443.00 -2,097,836.00 -1,591,108.00 -990,290.00 4,348,618.00 -5,609,199.00 -5,008,433.00 -3,484,162.00
Net Change in Cash -935,263.00 -1,100,134.00 -736,551.00 1,103,581.00 546.00 32,198.00 13,386.00 -51,263.00 42,801.00 66,226.00 3,899.00 193,245.00 -155,752.00 -184,648.00 -99,188.00 285,848.00 -88,409.00 -3,998.00 -100,623.00
   Cash at Beginning of Period 1,400,657.00 1,400,657.00 1,400,657.00 297,076.00 250,946.00 250,946.00 250,946.00 302,209.00 189,283.00 189,283.00 189,283.00 -3,962.00 435,626.00 435,626.00 435,626.00 149,778.00 342,808.00 342,808.00 342,808.00
   Cash at End of Period 465,394.00 300,523.00 664,106.00 1,400,657.00 251,492.00 283,144.00 264,332.00 250,946.00 232,084.00 255,509.00 193,182.00 189,283.00 279,874.00 250,978.00 336,438.00 435,626.00 254,399.00 338,810.00 242,185.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0