Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31
Price to Earnings 18.45 18.21 16.70
Price to Sales 4.92 4.34 3.93
Book Value Per Common Share 35.14 32.22 28.76
Price to Book 2.35 1.97 2.03
Price to Operating Cash Flow 16.81 18.65 13.82
Price to Free Cash Flow
Enterprise Value to EBITDA 107979.28 102159.81 89607.68
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 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 19.51 29.76 64.69 21.22 31.40 71.90 23.44 35.28 71.94 18.44 24.55 43.63 20.95 33.50 67.70
Price to Sales 6.16 10.01 17.57 5.68 8.15 18.46 5.52 8.23 16.35 4.31 6.88 14.21 5.83 9.38 19.08
Book Value Per Common Share 38.95 37.64 35.88 35.14 36.36 34.29 34.09 32.22 31.29 30.30 29.90 28.76 28.13 28.04 28.55 26.24 25.50 25.53
Price to Book 2.18 2.39 2.16 2.35 1.90 1.89 2.11 1.97 1.92 1.97 1.93 2.03 1.74 1.93 2.11 2.26 2.43 2.39
Price to Operating Cash Flow 5.41 45.74 66.13 20.86 37.00 84.08 22.90 43.21 67.06 15.43 22.14 31.72 17.07 26.89 63.66
Price to Free Cash Flow
Enterprise Value to EBITDA 120527.21 186761.48 388685.79 157368.80 233139.02 542756.76 174530.40 261337.25 535490.71 137102.21 183412.91 329327.73 147511.84 236915.47 478212.31

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31
Earning YoY 28.08 0.00 -9.82
Revenue YoY 10.70 -3.58 3.79
EBITDA YoY 18.73 -6.52 -10.09
Net Profit YoY 25.73 -2.78 -13.01
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 2021-09-30 2021-06-30 2021-03-31
Earning YoY 44.04 151.67 58.25 106.00 52.07 111.25 20.91 59.42 52.97 105.56
Revenue YoY 52.07 101.50 52.15 101.45 49.76 104.25 44.34 82.84 52.11 104.38
EBITDA YoY 45.06 138.81 57.11 107.11 50.52 110.62 20.87 59.05 51.81 102.89
Net Profit YoY 43.37 149.87 57.26 105.88 51.21 111.06 20.45 58.47 52.44 103.33

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31
Cash Per Common Share 9.32 9.40 8.64
Quick Ratio 3.90 4.18 3.40
Current Ratio 3.72 3.85 3.39
Debt to Equity 0.08 0.08 0.10
Long-Term Debt to Equity -0.01 -0.01 -0.01
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 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 6.99 6.03 7.79 9.32 10.29 8.68 9.77 9.40 9.73 8.18 8.83 8.64 8.14 8.07 8.81 8.09 7.77 7.80
Quick Ratio 4.15 4.63 5.37 3.90 5.64 6.16 6.08 4.18 5.35 5.17 5.24 3.40 4.04 5.08 5.04 4.86 5.22 5.93
Current Ratio 4.65 5.39 5.26 3.72 5.09 5.68 5.38 3.85 4.74 4.89 4.97 3.39 3.99 4.86 4.92 4.63 4.99 5.67
Debt to Equity 0.23 0.12 0.13 0.08 0.13 0.12 0.13 0.08 0.14 0.14 0.14 0.10 0.18 0.15 0.19 0.18 0.17 0.16
Long-Term Debt to Equity 0.16 -0.01 0.00 -0.01 -0.01 0.00 0.00 -0.01 -0.01 -0.01 0.00 -0.01 -0.01 0.00 0.03 0.02 0.02 0.03

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31
ROA 10.48 8.86 9.64
ROE 11.37 9.57 10.56
Gross Margin 32.91 29.00 32.34
Operating Margin 35.17 31.01 30.64
EBITDA Margin 45.59 42.50 43.84
Net Profit Margin 27.35 24.08 23.88
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 2021-09-30 2021-06-30 2021-03-31
ROA 8.10 13.68 5.65 15.04 10.15 4.86 13.52 9.17 4.38 15.07 12.79 7.59 17.30 11.58 5.68
ROE 9.96 15.26 6.38 17.03 11.35 5.49 15.44 10.45 5.00 17.76 14.74 9.03 20.41 13.58 6.61
Gross Margin 34.60 34.36 34.93 32.86 32.36 31.98 29.09 29.00 28.33 33.83 35.60 41.07 33.54 33.58 33.87
Operating Margin 41.41 44.00 35.65 35.46 34.30 33.34 31.00 30.84 29.88 30.81 36.92 42.59 36.44 36.49 36.75
EBITDA Margin 51.10 53.57 45.20 36.10 34.96 34.01 31.64 31.48 30.53 31.43 37.53 43.15 39.53 39.61 39.90
Net Profit Margin 32.13 34.08 27.48 27.13 26.25 25.69 23.80 23.57 22.81 23.67 28.37 32.73 28.33 28.27 28.41

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31
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 2021-09-30 2021-06-30 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 5,544,580.00 5,216,441.00 4,931,451.00 4,885,254.00 7,947,620.00
   Current Assets 1,721,865.00 1,647,983.00 1,611,634.00 1,575,287.00 1,452,492.00
      Cash and Short-Term Investments 1,181,806.00 1,233,137.00 1,159,144.00 1,122,365.00 1,137,910.00
            Cash and Cash Equivalents 1,181,806.00 1,233,137.00 1,159,144.00 1,122,365.00 1,137,910.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 621,752.00 557,320.00 457,084.00 441,609.00 385,219.00
      Inventory 0 0 0 0 0
      Other Current Assets -81,693.00 -142,474.00 -4,594.00 11,313.00 -70,637.00
   Non-Current Assets 3,822,715.00 3,568,458.00 3,319,817.00 3,309,967.00 6,495,128.00
      Property, Plant, Equipment Net 188,548.00 193,841.00 206,021.00 212,483.00 227,449.00
      Goodwill 170,287.00 137,333.00 115,599.00 117,232.00 64,489.00
      Intangible Assets 77,370.00 82,443.00 55,532.00 68,782.00 24,304.00
      Long-Term Investments 123,782.00 280,826.00 245,606.00 251,291.00 216,184.00
      Non-Current Deferred Assets 51,984.00 37,709.00 4,936.00 2,983.00 2,972.00
      Other Non-Current Assets 3,210,744.00 2,836,306.00 2,692,123.00 2,657,196.00 5,959,730.00
Liabilities 432,494.00 388,175.00 429,729.00 493,939.00 427,349.00
   Current Liabilities 462,869.00 427,900.00 475,189.00 438,601.00 394,352.00
      Payables and Expenses 360,594.00 329,563.00 372,646.00 334,694.00 307,611.00
            Account Payables 13,081.00 10,618.00 13,283.00 10,312.00 7,766.00
            Current Accrued Liabilities 347,513.00 318,945.00 359,363.00 324,382.00 299,845.00
      Short-Term Debt 7,900.00 8,118.00 10,344.00 11,328.00 8,579.00
      Other Current Liabilities 94,375.00 90,219.00 92,199.00 92,579.00 78,162.00
   Non-Current Liabilities -30,375.00 -39,725.00 -45,460.00 55,338.00 32,997.00
      Long-Term Debt 24,235.00 17,235.00 18,786.00 107,639.00 34,058.00
      Other Non-Current Liabilities -54,610.00 -56,960.00 -64,246.00 -52,301.00 -1,061.00
Equity 5,112,086.00 4,828,266.00 4,501,722.00 4,391,315.00 7,520,271.00
   Shareholders Equity 4,457,249.00 4,226,624.00 3,858,681.00 3,701,683.00 3,463,016.00
      Capital Stock 1,268.00 1,312.00 1,342.00 1,384.00 1,434.00
      Share Premium 1,539,816.00 1,404,962.00 1,307,162.00 1,246,608.00 1,190,001.00
      Retained Earnings 758,003.00 762,586.00 694,287.00 632,614.00 565,270.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -46,975.00 -37,032.00 -48,967.00 -19,843.00 -16,798.00
   Minority Interest 0 0 0 0 0
Investments 315,567.00 280,826.00 245,606.00 251,291.00 216,184.00
Debt 32,135.00 25,353.00 29,130.00 118,967.00 42,637.00
Common Shares Outstanding 126,839.73 131,177.51 134,162.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 2,125,151.00 1,919,793.00 1,991,037.00 1,918,309.00 1,684,058.00
Cost Of Revenue 1,425,762.00 1,363,028.00 1,347,120.00 1,273,074.00 1,164,173.00
Gross Profit 699,389.00 556,765.00 643,917.00 645,235.00 519,885.00
Operating Expenses 147,648.00 132,241.00 168,164.00 91,854.00 73,998.00
   Selling, General and Administrative Expenses 501,367.00 485,649.00 481,580.00 441,971.00 416,173.00
   Other Operating Expenses -353,719.00 -353,408.00 -313,416.00 -350,117.00 -342,175.00
Operating Income 551,741.00 424,524.00 475,753.00 553,381.00 445,887.00
Net Non-Operating Income 195,016.00 170,131.00 133,527.00 140,292.00 122,807.00
Interest Expense 563.00 583.00 749.00 563.00 609.00
EBT 746,757.00 594,655.00 609,280.00 693,673.00 568,694.00
Income Tax 165,566.00 132,397.00 133,813.00 147,080.00 121,408.00
Equity Method Investments Income 135,741.00 126,930.00 120,667.00 137,572.00 117,134.00
Net Income 581,191.00 462,258.00 475,467.00 546,593.00 447,286.00
EBIT 747,320.00 595,238.00 610,029.00 694,236.00 569,303.00
Deprecation and Amortization 221,535.00 220,759.00 262,835.00 276,557.00 250,531.00
EBITDA 968,855.00 815,997.00 872,864.00 970,793.00 819,834.00
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 0 0 0 0 0
Average Shares Outstanding Diluted 131,727.00 133,728.00 137,423.00 143,312.00 149,003.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 622,343.00 447,030.00 566,119.00 633,101.00 488,682.00
   Operating Net Income 581,191.00 462,258.00 475,467.00 546,593.00 447,286.00
   Deprecation and Amortization 221,535.00 220,759.00 262,835.00 276,557.00 250,531.00
   Deferred Income Tax -13,780.00 -33,496.00 -46,489.00 -7,831.00 -976.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 87,101.00 38,219.00 110,707.00 101,374.00 71,230.00
   Other Operating Activities -253,704.00 -240,710.00 -236,401.00 -283,592.00 -279,389.00
Investing Cash Flow -117,302.00 -141,543.00 -89,809.00 -164,883.00 -67,496.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 66,512.00 58,793.00 74,484.00 52,536.00 78,567.00
   Net Purchase/Sale of Investments Net 337,996.00 270,291.00 342,033.00 422,380.00 300,833.00
   Net Purchase/Sale of Business 29,037.00 56,435.00 0 80,159.00 0
   Other Investing Activities -550,847.00 -527,062.00 -506,326.00 -719,958.00 -446,896.00
Financing Cash Flow -494,401.00 -331,324.00 -437,235.00 -422,319.00 -482,135.00
   Net Issuance/Repayment of Debt 0 0 40,000.00 40,000.00 0
   Net Issuance/Repurchase of Equity 626,067.00 410,020.00 402,909.00 463,300.00 476,414.00
   Dividends Paid 120,346.00 114,837.00 109,830.00 105,516.00 103,914.00
   Other Financing Activities -1,240,814.00 -856,181.00 -989,974.00 -1,031,135.00 -1,062,463.00
Net Change in Cash 5,195.00 -18,361.00 21,601.00 44,031.00 -56,820.00
   Cash at Beginning of Period 834,998.00 853,359.00 831,758.00 787,727.00 844,547.00
   Cash at End of Period 840,193.00 834,998.00 853,359.00 831,758.00 787,727.00
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 6,702,018.00 2,768,522.00 2,683,951.00 5,544,580.00 2,827,940.00 2,665,168.00 2,702,565.00 5,216,441.00 2,525,728.00 2,462,887.00 2,443,745.00 4,931,451.00 2,410,965.00 2,358,279.00 2,505,996.00 4,885,254.00 2,319,552.00 2,273,242.00 2,281,323.00 7,947,620.00
   Current Assets 1,771,927.00 1,668,433.00 1,591,085.00 1,721,865.00 1,795,313.00 1,628,282.00 1,682,954.00 1,647,983.00 1,641,220.00 1,572,856.00 1,550,190.00 1,611,634.00 1,562,641.00 1,493,552.00 1,609,345.00 1,575,287.00 1,493,939.00 1,440,885.00 1,451,175.00 1,452,492.00
      Cash and Short-Term Investments 857,433.00 746,349.00 972,681.00 1,181,806.00 1,325,209.00 1,127,628.00 1,283,360.00 1,233,137.00 1,279,935.00 1,082,262.00 1,176,275.00 1,159,144.00 1,098,016.00 1,093,200.00 1,208,376.00 1,122,365.00 1,127,242.00 1,095,111.00 1,112,725.00 1,137,910.00
            Cash and Cash Equivalents 857,433.00 746,349.00 972,681.00 1,181,806.00 1,325,209.00 1,127,628.00 1,283,360.00 1,233,137.00 1,279,935.00 1,082,262.00 1,176,275.00 1,159,144.00 1,098,016.00 1,093,200.00 1,208,376.00 1,122,365.00 1,127,242.00 1,095,111.00 1,112,725.00 1,137,910.00
            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 720,679.00 686,663.00 650,798.00 621,752.00 664,379.00 637,671.00 617,001.00 557,320.00 574,541.00 577,904.00 458,226.00 457,084.00 482,692.00 466,902.00 437,844.00 441,609.00 442,187.00 409,568.00 406,028.00 385,219.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 193,815.00 235,421.00 -32,394.00 -81,693.00 -194,275.00 -137,017.00 -217,407.00 -142,474.00 -213,256.00 -87,310.00 -84,311.00 -4,594.00 -18,067.00 -66,550.00 -36,875.00 11,313.00 -75,490.00 -63,794.00 -67,578.00 -70,637.00
   Non-Current Assets 4,930,091.00 1,100,089.00 1,092,866.00 3,822,715.00 1,032,627.00 1,036,886.00 1,019,611.00 3,568,458.00 884,508.00 890,031.00 893,555.00 3,319,817.00 848,324.00 864,727.00 896,651.00 3,309,967.00 825,613.00 832,357.00 830,148.00 6,495,128.00
      Property, Plant, Equipment Net 180,130.00 182,383.00 184,489.00 188,548.00 194,494.00 198,127.00 188,891.00 193,841.00 198,207.00 202,796.00 207,199.00 206,021.00 206,709.00 206,575.00 211,482.00 212,483.00 218,947.00 220,913.00 222,015.00 227,449.00
      Goodwill 168,430.00 168,738.00 167,899.00 170,287.00 138,085.00 137,254.00 137,204.00 137,333.00 115,597.00 115,602.00 115,602.00 115,599.00 117,509.00 117,405.00 117,434.00 117,232.00 64,489.00 64,489.00 64,489.00 64,489.00
      Intangible Assets 61,387.00 65,189.00 66,484.00 77,370.00 74,041.00 75,409.00 78,739.00 82,443.00 46,413.00 49,621.00 52,567.00 55,532.00 58,201.00 61,669.00 65,339.00 68,782.00 31,992.00 33,187.00 34,383.00 24,304.00
      Long-Term Investments 61,163.00 71,778.00 63,156.00 123,782.00 242,217.00 245,646.00 237,616.00 280,826.00 177,883.00 184,653.00 192,384.00 245,606.00 159,627.00 180,547.00 202,035.00 251,291.00 193,737.00 191,323.00 179,962.00 216,184.00
      Non-Current Deferred Assets 17,490.00 51,379.00 55,209.00 51,984.00 58,373.00 52,847.00 45,257.00 37,709.00 26,449.00 17,464.00 9,993.00 4,936.00 2,253.00 2,459.00 2,706.00 2,983.00 2,148.00 2,447.00 2,706.00 2,972.00
      Other Non-Current Assets 4,441,491.00 560,622.00 555,629.00 3,210,744.00 325,417.00 327,603.00 331,904.00 2,836,306.00 319,959.00 319,895.00 315,810.00 2,692,123.00 304,025.00 296,072.00 297,655.00 2,657,196.00 314,300.00 319,998.00 326,593.00 5,959,730.00
Liabilities 1,253,370.00 287,827.00 308,190.00 432,494.00 330,019.00 281,562.00 309,383.00 388,175.00 313,355.00 301,411.00 304,160.00 429,729.00 365,118.00 312,841.00 399,523.00 493,939.00 353,713.00 334,084.00 321,793.00 427,349.00
   Current Liabilities 380,669.00 309,438.00 302,327.00 462,869.00 352,468.00 286,665.00 312,655.00 427,900.00 346,325.00 321,323.00 311,807.00 475,189.00 391,686.00 307,243.00 326,913.00 438,601.00 322,811.00 288,524.00 255,996.00 394,352.00
      Payables and Expenses 262,033.00 227,591.00 235,864.00 360,594.00 266,417.00 217,321.00 253,146.00 329,563.00 260,070.00 244,384.00 247,844.00 372,646.00 303,196.00 229,057.00 258,505.00 334,694.00 241,815.00 221,275.00 204,764.00 307,611.00
            Account Payables 7,871.00 13,084.00 11,168.00 13,081.00 8,250.00 9,199.00 10,290.00 10,618.00 10,198.00 7,220.00 14,160.00 13,283.00 8,209.00 10,305.00 8,037.00 10,312.00 10,772.00 9,291.00 5,529.00 7,766.00
            Current Accrued Liabilities 254,162.00 214,507.00 224,696.00 347,513.00 258,167.00 208,122.00 242,856.00 318,945.00 249,872.00 237,164.00 233,684.00 359,363.00 294,987.00 218,752.00 250,468.00 324,382.00 231,043.00 211,984.00 199,235.00 299,845.00
      Short-Term Debt 7,083.00 7,400.00 7,359.00 7,900.00 7,926.00 7,613.00 7,562.00 8,118.00 9,882.00 11,076.00 10,331.00 10,344.00 11,202.00 10,993.00 11,219.00 11,328.00 10,412.00 10,344.00 9,813.00 8,579.00
      Other Current Liabilities 111,553.00 74,447.00 59,104.00 94,375.00 78,125.00 61,731.00 51,947.00 90,219.00 76,373.00 65,863.00 53,632.00 92,199.00 77,288.00 67,193.00 57,189.00 92,579.00 70,584.00 56,905.00 41,419.00 78,162.00
   Non-Current Liabilities 872,701.00 -21,611.00 5,863.00 -30,375.00 -22,449.00 -5,103.00 -3,272.00 -39,725.00 -32,970.00 -19,912.00 -7,647.00 -45,460.00 -26,568.00 5,598.00 72,610.00 55,338.00 30,902.00 45,560.00 65,797.00 32,997.00
      Long-Term Debt 19,234.00 21,646.00 20,971.00 24,235.00 24,647.00 25,469.00 15,599.00 17,235.00 15,138.00 16,032.00 17,657.00 18,786.00 18,361.00 21,675.00 84,997.00 107,639.00 29,857.00 31,697.00 33,089.00 34,058.00
      Other Non-Current Liabilities 853,467.00 -43,257.00 -15,108.00 -54,610.00 -47,096.00 -30,572.00 -18,871.00 -56,960.00 -48,108.00 -35,944.00 -25,304.00 -64,246.00 -44,929.00 -16,077.00 -12,387.00 -52,301.00 1,045.00 13,863.00 32,708.00 -1,061.00
Equity 5,448,648.00 2,480,695.00 2,375,761.00 5,112,086.00 2,497,921.00 2,383,606.00 2,393,182.00 4,828,266.00 2,212,373.00 2,161,476.00 2,139,585.00 4,501,722.00 2,045,847.00 2,045,438.00 2,106,473.00 4,391,315.00 1,965,839.00 1,939,158.00 1,959,530.00 7,520,271.00
   Shareholders Equity 4,776,736.00 4,655,495.00 4,477,164.00 4,457,249.00 4,682,154.00 4,452,624.00 4,476,817.00 4,226,624.00 4,117,227.00 4,007,127.00 3,984,090.00 3,858,681.00 3,793,037.00 3,798,413.00 3,917,985.00 3,701,683.00 3,655,633.00 3,596,690.00 3,642,813.00 3,463,016.00
      Capital Stock 1,226.00 1,236.00 1,247.00 1,268.00 1,288.00 1,299.00 1,313.00 1,312.00 1,316.00 1,322.00 1,333.00 1,342.00 1,348.00 1,355.00 1,372.00 1,384.00 1,393.00 1,410.00 1,427.00 1,434.00
      Share Premium 1,648,817.00 1,619,133.00 1,558,125.00 1,539,816.00 1,477,880.00 1,465,037.00 1,455,162.00 1,404,962.00 1,369,465.00 1,337,538.00 1,327,591.00 1,307,162.00 1,285,224.00 1,272,971.00 1,266,320.00 1,246,608.00 1,228,085.00 1,219,487.00 1,208,433.00 1,190,001.00
      Retained Earnings 774,892.00 739,453.00 737,020.00 758,003.00 901,908.00 823,549.00 843,870.00 762,586.00 763,635.00 724,672.00 729,988.00 694,287.00 711,330.00 693,525.00 733,572.00 632,614.00 629,153.00 599,231.00 634,651.00 565,270.00
      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 -24,378.00 -21,383.00 -38,540.00 -46,975.00 -26,666.00 -42,382.00 -41,291.00 -37,032.00 -50,535.00 -39,979.00 -44,578.00 -48,967.00 -67,589.00 -45,763.00 -28,181.00 -19,843.00 -20,543.00 -14,522.00 -15,403.00 -16,798.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 293,865.00 290,466.00 278,084.00 315,567.00 242,217.00 245,646.00 237,616.00 280,826.00 177,883.00 184,653.00 192,384.00 245,606.00 159,627.00 180,547.00 202,035.00 251,291.00 193,737.00 191,323.00 179,962.00 216,184.00
Debt 26,317.00 29,046.00 28,330.00 32,135.00 32,573.00 33,082.00 23,161.00 25,353.00 25,020.00 27,108.00 27,988.00 29,130.00 29,563.00 32,668.00 96,216.00 118,967.00 40,269.00 42,041.00 42,902.00 42,637.00
Common Shares Outstanding 122,632.62 123,697.34 124,783.73 126,839.73 128,755.43 129,855.33 131,329.26 131,177.51 131,571.00 132,230.00 133,268.00 134,162.00 134,816.00 135,480.00 137,219.00 0 139,305.00 141,027.00 142,701.00 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 1,689,456.00 1,110,945.00 551,344.00 -984,954.00 1,567,961.00 1,030,565.00 511,579.00 -942,437.00 1,434,935.00 958,176.00 469,119.00 -1,187,966.00 1,534,447.00 1,063,113.00 581,443.00 -885,373.00 1,416,659.00 931,337.00 455,686.00
Cost Of Revenue 1,104,985.00 729,229.00 358,781.00 -672,090.00 1,052,768.00 697,110.00 347,974.00 -671,036.00 1,017,577.00 680,287.00 336,200.00 -695,513.00 1,015,382.00 684,631.00 342,620.00 -588,384.00 941,484.00 618,641.00 301,333.00
Gross Profit 584,471.00 381,716.00 192,563.00 -312,864.00 515,193.00 333,455.00 163,605.00 -271,401.00 417,358.00 277,889.00 132,919.00 -492,453.00 519,065.00 378,482.00 238,823.00 -296,989.00 475,175.00 312,696.00 154,353.00
Operating Expenses 118,778.00 75,984.00 35,466.00 -70,192.00 108,996.00 71,090.00 37,754.00 -56,950.00 94,518.00 63,521.00 31,152.00 -41,043.00 137,360.00 47,823.00 24,024.00 -38,692.00 65,192.00 43,838.00 21,516.00
   Selling, General and Administrative Expenses 393,499.00 262,591.00 128,213.00 -227,400.00 368,067.00 241,902.00 118,798.00 -244,870.00 361,203.00 248,006.00 121,310.00 -251,228.00 366,143.00 246,165.00 120,500.00 -209,984.00 326,427.00 218,467.00 107,061.00
   Other Operating Expenses -274,721.00 -186,607.00 -92,747.00 157,208.00 -259,071.00 -170,812.00 -81,044.00 187,920.00 -266,685.00 -184,485.00 -90,158.00 210,185.00 -228,783.00 -198,342.00 -96,476.00 171,292.00 -261,235.00 -174,629.00 -85,545.00
Operating Income 465,693.00 305,732.00 157,097.00 -242,672.00 406,197.00 262,365.00 125,851.00 -214,451.00 322,840.00 214,368.00 101,767.00 -451,410.00 381,705.00 330,659.00 214,799.00 -258,297.00 409,983.00 268,858.00 132,837.00
Net Non-Operating Income 233,538.00 182,778.00 39,276.00 -89,846.00 149,406.00 90,877.00 44,579.00 -70,653.00 121,627.00 80,897.00 38,260.00 -50,914.00 90,470.00 61,403.00 32,568.00 -70,821.00 105,915.00 70,694.00 34,504.00
Interest Expense 386.00 277.00 185.00 -273.00 419.00 278.00 139.00 -234.00 396.00 280.00 141.00 -566.00 604.00 461.00 250.00 -167.00 354.00 253.00 123.00
EBT 699,231.00 488,510.00 196,373.00 -332,518.00 555,603.00 353,242.00 170,430.00 -285,104.00 444,467.00 295,265.00 140,027.00 -502,324.00 472,175.00 392,062.00 247,367.00 -329,118.00 515,898.00 339,552.00 167,341.00
Income Tax 156,045.00 109,910.00 44,856.00 -86,369.00 130,183.00 82,722.00 39,030.00 -72,954.00 102,940.00 69,399.00 33,012.00 -122,656.00 108,932.00 90,478.00 57,059.00 -81,700.00 114,605.00 76,304.00 37,871.00
Equity Method Investments Income 94,290.00 62,387.00 28,747.00 -64,139.00 102,375.00 65,862.00 31,643.00 -55,056.00 91,517.00 61,590.00 28,879.00 -62,990.00 88,926.00 62,272.00 32,459.00 -67,613.00 103,420.00 68,415.00 33,350.00
Net Income Including Non-Controlling Interests 542,422.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests 382.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income 542,804.00 378,600.00 151,517.00 -246,149.00 425,420.00 270,520.00 131,400.00 -212,150.00 341,527.00 225,866.00 107,015.00 -379,668.00 363,243.00 301,584.00 190,308.00 -247,418.00 401,293.00 263,248.00 129,470.00
EBIT 699,617.00 488,787.00 196,558.00 -332,791.00 556,022.00 353,520.00 170,569.00 -285,338.00 444,863.00 295,545.00 140,168.00 -502,890.00 472,779.00 392,523.00 247,617.00 -329,285.00 516,252.00 339,805.00 167,464.00
Deprecation and Amortization 163,698.00 106,377.00 52,663.00 201,276.00 10,066.00 6,790.00 3,403.00 202,413.00 9,178.00 6,113.00 3,055.00 243,552.00 9,534.00 6,496.00 3,253.00 189,381.00 43,749.00 29,075.00 14,352.00
EBITDA 863,315.00 595,164.00 249,221.00 -131,515.00 566,088.00 360,310.00 173,972.00 -82,925.00 454,041.00 301,658.00 143,223.00 -259,338.00 482,313.00 399,019.00 250,870.00 -139,904.00 560,001.00 368,880.00 181,816.00
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 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 127,684.00 128,364.00 129,450.00 129,924.00 131,830.00 132,409.00 132,745.00 130,728.00 134,250.00 134,623.00 135,311.00 133,258.00 137,958.00 138,764.00 139,712.00 139,202.00 143,981.00 144,759.00 145,306.00
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 1,925,056.00 243,005.00 146,480.00 -144,055.00 427,074.00 227,030.00 112,294.00 -195,770.00 345,982.00 182,454.00 114,364.00 -453,442.00 428,519.00 330,615.00 260,427.00 -312,350.00 483,881.00 324,997.00 136,573.00
   Operating Net Income 787,825.00 378,600.00 151,517.00 -246,149.00 425,420.00 270,520.00 131,400.00 -212,150.00 341,527.00 225,866.00 107,015.00 -379,668.00 363,243.00 301,584.00 190,308.00 -247,418.00 401,293.00 263,248.00 129,470.00
   Deprecation and Amortization 163,698.00 106,377.00 52,663.00 201,276.00 10,066.00 6,790.00 3,403.00 202,413.00 9,178.00 6,113.00 3,055.00 243,552.00 9,534.00 6,496.00 3,253.00 189,381.00 43,749.00 29,075.00 14,352.00
   Deferred Income Tax 0 0 0 -13,780.00 0 0 0 -33,496.00 0 0 0 -46,489.00 0 0 0 -7,831.00 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 66,835.00 18,423.00 -1,832.00 -171,877.00 109,522.00 89,070.00 60,386.00 -22,387.00 62,053.00 64,551.00 -65,998.00 142,822.00 41,697.00 -55,734.00 -18,078.00 58,117.00 58,537.00 26,437.00 -41,717.00
   Other Operating Activities 906,698.00 -260,395.00 -55,868.00 86,475.00 -117,934.00 -139,350.00 -82,895.00 -130,150.00 -66,776.00 -114,076.00 70,292.00 -413,659.00 14,045.00 78,269.00 84,944.00 -304,599.00 -19,698.00 6,237.00 34,468.00
Investing Cash Flow 40,497.00 65,268.00 -38,350.00 38,599.00 -57,185.00 -61,082.00 -37,634.00 -50,509.00 -48,237.00 -25,809.00 -16,988.00 44,809.00 -60,342.00 -42,516.00 -31,760.00 9,402.00 -87,542.00 -56,087.00 -30,656.00
   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 47,190.00 28,082.00 17,193.00 -44,239.00 55,563.00 34,659.00 20,529.00 -45,092.00 49,698.00 34,506.00 19,681.00 -32,164.00 57,146.00 33,630.00 15,872.00 -27,788.00 42,006.00 27,740.00 10,578.00
   Net Purchase/Sale of Investments Net 220,539.00 154,770.00 84,819.00 -203,174.00 264,208.00 193,265.00 83,697.00 -77,566.00 179,029.00 114,747.00 54,081.00 -186,583.00 251,634.00 190,204.00 86,778.00 -153,305.00 313,980.00 156,735.00 104,970.00
   Net Purchase/Sale of Business 116,020.00 116,020.00 0 29,037.00 0 0 0 56,435.00 0 0 0 0 0 0 0 80,159.00 0 0 0
   Other Investing Activities -343,252.00 -233,604.00 -140,362.00 256,975.00 -376,956.00 -289,006.00 -141,860.00 15,714.00 -276,964.00 -175,062.00 -90,750.00 263,556.00 -369,122.00 -266,350.00 -134,410.00 110,336.00 -443,528.00 -240,562.00 -146,204.00
Financing Cash Flow -516,474.00 -419,220.00 -241,548.00 107,835.00 -310,392.00 -229,687.00 -62,157.00 321,616.00 -294,886.00 -239,465.00 -118,589.00 422,928.00 -381,338.00 -332,173.00 -146,652.00 352,519.00 -387,390.00 -277,936.00 -109,512.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0 0 0 0 0 -50,000.00 40,000.00 40,000.00 10,000.00 40,000.00 0 0 0
   Net Issuance/Repurchase of Equity 643,379.00 470,685.00 228,217.00 292.00 315,724.00 218,199.00 91,852.00 -183,748.00 302,574.00 188,616.00 102,578.00 -258,751.00 302,458.00 239,173.00 120,029.00 -203,331.00 353,713.00 226,189.00 86,729.00
   Dividends Paid 123,341.00 123,297.00 62,319.00 -180,689.00 120,338.00 120,338.00 60,359.00 -172,660.00 114,833.00 114,829.00 57,835.00 -165,333.00 109,830.00 109,830.00 55,503.00 -158,643.00 105,516.00 105,516.00 53,127.00
   Other Financing Activities -1,283,194.00 -1,013,202.00 -532,084.00 288,232.00 -746,454.00 -568,224.00 -214,368.00 678,024.00 -712,293.00 -542,910.00 -279,002.00 897,012.00 -833,626.00 -721,176.00 -332,184.00 674,493.00 -846,619.00 -609,641.00 -249,368.00
Net Change in Cash 17,240.00 -93,844.00 -129,206.00 -6,768.00 66,438.00 -66,406.00 11,931.00 74,914.00 1,385.00 -76,008.00 -18,652.00 44,881.00 -39,970.00 -59,734.00 76,424.00 46,016.00 6,507.00 -6,448.00 -2,044.00
   Cash at Beginning of Period 775,582.00 840,193.00 840,193.00 846,961.00 834,998.00 834,998.00 834,998.00 760,084.00 853,359.00 853,359.00 853,359.00 808,478.00 831,758.00 831,758.00 831,758.00 785,742.00 787,727.00 787,727.00 787,727.00
   Cash at End of Period 792,822.00 746,349.00 710,987.00 840,193.00 901,436.00 768,592.00 846,929.00 834,998.00 854,744.00 777,351.00 834,707.00 853,359.00 791,788.00 772,024.00 908,182.00 831,758.00 794,234.00 781,279.00 785,683.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0