Valuation Ratios

Breakdown 2024-12-31
Price to Earnings -3.15
Price to Sales 205.94
Book Value Per Common Share 9.46
Price to Book 2.42
Price to Operating Cash Flow -3.36
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
Price to Earnings -21.87 -10.07 -11.82
Price to Sales 38.04 1372.73 1158.00
Book Value Per Common Share 8.71 8.47 9.01 9.46 -74.78
Price to Book 2.16 1.25 0.64 2.42
Price to Operating Cash Flow 6.63 -10.67 -10.90
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 6359.47 54.34 -75.67
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 58.27
Quick Ratio 44.87
Current Ratio 27.77
Debt to Equity 0.09
Long-Term Debt to Equity 0.06
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 17.74 13.64 13.38 12.97 92.01
Quick Ratio 10.63 39.74 55.29 44.87 16.27
Current Ratio 6.53 22.09 32.19 27.77 10.08
Debt to Equity 0.56 0.10 0.08 0.09 0.27
Long-Term Debt to Equity 0.37 0.06 0.06 0.06 0.18

Profitability

Breakdown 2024-12-31
ROA -15.73
ROE -17.09
Gross Margin
Operating Margin -6572.36
EBITDA Margin -6316.82
Net Profit Margin -6527.09
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -6.29 -11.15 -4.95 -29.34
ROE -9.81 -12.27 -5.37 -37.39
Gross Margin
Operating Margin -174.69 -13702.37 -9806.39 -5718.67
EBITDA Margin -157.45 -12891.12 -9184.47 -5606.11
Net Profit Margin -174.69 -13702.37 -9806.39 -5681.11

Dividends

Breakdown 2024-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31
Assets 456,554.00
   Current Assets 356,824.00
      Cash and Short-Term Investments 576,377.00
            Cash and Cash Equivalents 238,196.00
            Short-Term Investments 338,181.00
      Net Receivables 171.00
      Inventory 0
      Other Current Assets -219,724.00
   Non-Current Assets 99,730.00
      Property, Plant, Equipment Net 41,192.00
      Goodwill 0
      Intangible Assets 0
      Long-Term Investments 209,598.00
      Non-Current Deferred Assets 0
      Other Non-Current Assets -151,060.00
Liabilities 36,507.00
   Current Liabilities 12,849.00
      Payables and Expenses 10,998.00
            Account Payables 3,200.00
            Current Accrued Liabilities 7,798.00
      Short-Term Debt 1,851.00
      Other Current Liabilities 0.00
   Non-Current Liabilities 23,658.00
      Long-Term Debt 36,125.00
      Other Non-Current Liabilities -12,467.00
Equity 420,047.00
   Shareholders Equity 420,047.00
      Capital Stock 44.00
      Share Premium 538,321.00
      Retained Earnings -118,374.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income 56.00
   Minority Interest 0
Investments 547,779.00
Debt 37,976.00
Common Shares Outstanding 44,422.50
Breakdown 2024-12-31
Revenues 1,100.00
Operating Expenses 81,898.00
   Selling, General and Administrative Expenses 16,561.00
   Research and Development Expenses 65,337.00
   Other Operating Expenses 0.00
Operating Income -80,823.00
Net Non-Operating Income 8,527.00
Interest Expense 0.00
Net Interest 8,617.00
EBT -72,296.00
Income Tax 498.00
Net Income -71,798.00
EBIT -72,296.00
Deprecation and Amortization 2,811.00
EBITDA -69,485.00
EPS -0.01
Diluted EPS -0.01
Average Shares Outstanding Basic 9,891.13
Average Shares Outstanding Diluted 9,891.13
Breakdown 2024-12-31
Operating Cash Flow -67,470.00
   Operating Net Income -71,798.00
   Deprecation and Amortization 2,811.00
   Deferred Income Tax -491.00
   Share Based Compensation 3,152.00
   Change in Working Capital 5,658.00
   Other Operating Activities -6,802.00
Investing Cash Flow -160,598.00
   Capital Expenditure 0.00
   Net Purchase/Sale of PPE 2,103.00
   Net Purchase/Sale of Investments Net 245,660.00
   Net Purchase/Sale of Business 0
   Other Investing Activities -408,361.00
Financing Cash Flow 377,781.00
   Net Issuance/Repayment of Debt 0
   Net Issuance/Repurchase of Equity 413,282.00
   Dividends Paid 0
   Other Financing Activities -35,501.00
Net Change in Cash 149,713.00
   Cash at Beginning of Period 89,388.00
   Cash at End of Period 239,101.00
Free Cash Flow 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 606,653.00 415,231.00 434,020.00 456,554.00 174,281.00
   Current Assets 491,681.00 334,141.00 342,469.00 356,824.00 133,411.00
      Cash and Short-Term Investments 783,060.00 601,061.00 587,925.00 576,377.00 215,115.00
            Cash and Cash Equivalents 319,989.00 189,311.00 210,045.00 238,196.00 88,242.00
            Short-Term Investments 463,071.00 411,750.00 377,880.00 338,181.00 126,873.00
      Net Receivables 17,345.00 151.00 250.00 171.00 210.00
      Inventory 0 0 0 0 0
      Other Current Assets -308,724.00 -267,071.00 -245,706.00 -219,724.00 -81,914.00
   Non-Current Assets 114,972.00 81,090.00 91,551.00 99,730.00 40,870.00
      Property, Plant, Equipment Net 26,354.00 27,252.00 28,127.00 41,192.00 42,007.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 261,636.00 157,899.00 186,726.00 209,598.00 20,937.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -173,018.00 -104,061.00 -123,302.00 -151,060.00 -22,074.00
Liabilities 217,922.00 37,674.00 33,754.00 36,507.00 37,532.00
   Current Liabilities 75,282.00 15,127.00 10,638.00 12,849.00 13,231.00
      Payables and Expenses 11,562.00 13,101.00 8,701.00 10,998.00 12,115.00
            Account Payables 3,729.00 6,544.00 4,349.00 3,200.00 6,128.00
            Current Accrued Liabilities 7,833.00 6,557.00 4,352.00 7,798.00 5,987.00
      Short-Term Debt 2,117.00 2,026.00 1,937.00 1,851.00 1,116.00
      Other Current Liabilities 61,603.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 142,640.00 22,547.00 23,116.00 23,658.00 24,301.00
      Long-Term Debt 21,993.00 22,545.00 23,089.00 36,125.00 24,110.00
      Other Non-Current Liabilities 120,647.00 2.00 27.00 -12,467.00 191.00
Equity 388,731.00 377,557.00 400,266.00 420,047.00 136,749.00
   Shareholders Equity 388,731.00 377,557.00 400,266.00 420,047.00 -174,816.00
      Capital Stock 45.00 45.00 44.00 44.00 3.00
      Share Premium 544,826.00 542,024.00 539,874.00 538,321.00 10,119.00
      Retained Earnings -156,515.00 -164,688.00 -139,850.00 -118,374.00 -97,706.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 375.00 176.00 198.00 56.00 176.00
   Minority Interest 0 0 0 0 0
Investments 724,707.00 569,649.00 564,606.00 547,779.00 147,810.00
Debt 24,110.00 24,571.00 25,026.00 37,976.00 25,226.00
Common Shares Outstanding 44,638.70 44,567.89 44,448.43 44,422.50 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Revenues 21,833.00 338.00 219.00 900.00
Operating Expenses 74,107.00 55,226.00 26,129.00 56,968.00
   Selling, General and Administrative Expenses 20,884.00 13,767.00 6,858.00 10,948.00
   Research and Development Expenses 65,723.00 41,459.00 19,271.00 46,020.00
   Other Operating Expenses -12,500.00 0.00 0.00 0.00
Operating Income -52,274.00 -54,888.00 -25,910.00 -56,105.00
Net Non-Operating Income 14,133.00 8,574.00 4,434.00 4,637.00
Interest Expense 0.00 0.00 0.00 0.00
Net Interest 14,192.00 8,627.00 4,462.00 4,709.00
EBT -38,141.00 -46,314.00 -21,476.00 -51,468.00
Income Tax 0.00 0.00 0.00 338.00
Net Income -38,141.00 -46,314.00 -21,476.00 -51,130.00
EBIT -38,141.00 -46,314.00 -21,476.00 -51,468.00
Deprecation and Amortization 3,764.00 2,742.00 1,362.00 1,013.00
EBITDA -34,377.00 -43,572.00 -20,114.00 -50,455.00
EPS -0.00 -0.00 -0.00 -0.02
Diluted EPS -0.00 -0.00 -0.00 -0.02
Average Shares Outstanding Basic 44,150.04 44,051.92 43,937.41 2,337.89
Average Shares Outstanding Diluted 44,150.04 44,051.92 43,937.41 2,337.89
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Operating Cash Flow 125,177.00 -43,630.00 -23,343.00 -46,512.00
   Operating Net Income -38,141.00 -46,314.00 -21,476.00 -51,130.00
   Deprecation and Amortization 3,764.00 2,742.00 1,362.00 1,013.00
   Deferred Income Tax 0 0 0 -338.00
   Share Based Compensation 5,820.00 3,288.00 1,482.00 1,888.00
   Change in Working Capital 193,082.00 4,193.00 1,312.00 4,099.00
   Other Operating Activities -39,348.00 -7,539.00 -6,023.00 -2,044.00
Investing Cash Flow -44,052.00 -5,660.00 -4,874.00 -27,359.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 453.00 440.00 382.00 1,491.00
   Net Purchase/Sale of Investments Net 390,931.00 221,900.00 94,938.00 83,163.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -435,436.00 -228,000.00 -100,194.00 -112,013.00
Financing Cash Flow 668.00 405.00 66.00 73,630.00
   Net Issuance/Repayment of Debt 0 0 0 0
   Net Issuance/Repurchase of Equity 669.00 405.00 66.00 110,458.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -1.00 0.00 0.00 -36,828.00
Net Change in Cash 81,793.00 -48,885.00 -28,151.00 -241.00
   Cash at Beginning of Period 239,101.00 239,101.00 239,101.00 89,388.00
   Cash at End of Period 320,894.00 190,216.00 210,950.00 89,147.00
Free Cash Flow 0 0 0 0