Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.16
Price to Sales 0.01
Book Value Per Common Share 0.24 0.29 0.38 0.25
Price to Book 9.10
Price to Operating Cash Flow -0.42
Price to Free Cash Flow -0.29
Enterprise Value to EBITDA
Breakdown 2025-06-30 2024-12-31 2024-06-30
Price to Earnings
Price to Sales
Book Value Per Common Share 0.33 0.24 0.27
Price to Book 14.38 9.10 7.60
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY -1.93 -5.19 3.10
EBITDA YoY
Net Profit YoY
Breakdown 2025-06-30 2024-12-31 2024-06-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 86.07 91.75 131.12 107.55
Quick Ratio 1.50 1.86 1.85 1.50
Current Ratio 1.62 1.96 1.95 1.58
Debt to Equity 1.43 0.95 0.98 1.52
Long-Term Debt to Equity 0.02 0.01 0.03 0.08
Breakdown 2025-06-30 2024-12-31 2024-06-30
Cash Per Common Share 0.56 0.45 0.46
Quick Ratio 1.66 1.50 1.63
Current Ratio 1.80 1.62 1.79
Debt to Equity 1.16 1.43 1.13
Long-Term Debt to Equity 0.05 0.02 0.02

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -13.34 -22.35 11.14 -19.79
ROE -32.47 -43.67 22.03 -49.93
Gross Margin 27.41 28.25 32.78 29.11
Operating Margin -3.80 -6.40 4.08 -5.85
EBITDA Margin -2.39 -4.90 5.63 -4.38
Net Profit Margin -3.42 -6.11 3.96 -6.00
Breakdown 2025-06-30 2024-12-31 2024-06-30
ROA
ROE
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-06-30 2024-12-31 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 521,440.00 566,574.00 776,337.00 642,886.00 0
   Current Assets 489,351.00 533,088.00 723,492.00 577,510.00 0
      Cash and Short-Term Investments 441,858.00 494,965.00 679,545.00 533,293.00 0
            Cash and Cash Equivalents 441,858.00 494,965.00 568,192.00 533,293.00 0
            Short-Term Investments 0 0 111,353.00 0 73,022.00
      Net Receivables 11,251.00 12,876.00 8,244.00 15,056.00 0
      Inventory 0 0 0 0 0
      Other Current Assets 36,242.00 25,247.00 35,703.00 29,161.00 0
   Non-Current Assets 32,089.00 33,486.00 52,845.00 65,376.00 0
      Property, Plant, Equipment Net 29,183.00 31,278.00 51,662.00 62,332.00 0
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 2,245.00 2,929.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 0 799.00 0
Liabilities 307,135.00 276,561.00 383,673.00 388,031.00 0
   Current Liabilities 302,711.00 272,625.00 371,526.00 366,503.00 0
      Payables and Expenses 242,851.00 226,733.00 236,606.00 253,312.00 0
            Account Payables 39,379.00 43,184.00 53,832.00 80,793.00 0
            Current Accrued Liabilities 64,879.00 37,422.00 39,645.00 43,199.00 0
      Short-Term Debt 15,428.00 10,351.00 92,137.00 82,928.00 0
      Other Current Liabilities 44,432.00 35,541.00 42,783.00 30,263.00 0
   Non-Current Liabilities 4,424.00 3,936.00 12,147.00 21,528.00 0
      Long-Term Debt 4,424.00 3,936.00 8,195.00 17,076.00 0
      Other Non-Current Liabilities 0.00 0.00 3,952.00 4,452.00 0
Equity 214,305.00 290,013.00 392,664.00 254,855.00 0
   Shareholders Equity 235,289.00 299,475.00 392,677.00 254,855.00 0
      Capital Stock 725.00 725.00 711.00 698.00 0
      Share Premium 2,703,147.00 2,688,450.00 2,657,433.00 2,630,456.00 0
      Retained Earnings -2,490,809.00 -2,408,307.00 -2,280,543.00 -2,366,531.00 0
      Treasury Shares 10,182.00 958.00 10.00 11.00 0
      Accumulated Other Comprehensive Income 32,408.00 19,565.00 15,086.00 -9,757.00 0
   Minority Interest -20,984.00 -9,462.00 -13.00 0 0
Debt 19,852.00 14,287.00 100,332.00 100,004.00 0
Common Shares Outstanding 986,891.81 1,050,299.61 1,034,822.05 1,014,016.25 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 2,031,806.00 2,071,772.00 2,185,266.00 2,119,514.00
Cost Of Revenue 1,474,948.00 1,486,397.00 1,468,921.00 1,502,505.00
Interest Income 10,042.00 10,820.00 7,282.00 2,269.00
Interest Expense 416.00 1,563.00 2,474.00 2,904.00
Non-Interest Expense 413,868.00 431,553.00 366,345.00 490,821.00
Gross Profit 556,858.00 585,375.00 716,345.00 617,009.00
Operating Expenses 644,413.00 723,648.00 635,334.00 742,031.00
   Selling, General and Administrative Expenses 413,868.00 431,553.00 366,345.00 490,821.00
   Research and Development Expenses 232,693.00 301,490.00 283,349.00 264,706.00
   Other Operating Expenses -2,148.00 -9,395.00 -14,360.00 -13,496.00
Operating Income -87,555.00 -138,273.00 81,011.00 -125,022.00
Net Non-Operating Income 4,423.00 -3,577.00 1,944.00 -479.00
EBT -77,715.00 -134,081.00 86,711.00 -126,874.00
Income Tax 3,261.00 434.00 207.00 376.00
Net Income Including Non-Controlling Interests -80,976.00 -134,515.00 86,504.00 -127,250.00
Net Income Non-Controlling Interests 11,396.00 7,864.00 13.00 0
Net Income -69,580.00 -126,651.00 86,517.00 -127,250.00
EBIT -77,299.00 -132,518.00 89,185.00 -123,970.00
Deprecation and Amortization 28,832.00 31,104.00 33,815.00 31,240.00
EBITDA -48,467.00 -101,414.00 123,000.00 -92,730.00
EPS -0.01 -0.02 0.02 -0.03
Diluted EPS -0.01 -0.02 0.02 -0.03
Average Shares Outstanding Basic 5,133.63 5,394.85 5,182.43 4,958.58
Average Shares Outstanding Diluted 5,133.63 5,394.85 5,193.09 4,958.58
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -26,469.00 -117,045.00 136,267.00 -40,426.00
   Operating Net Income -80,976.00 -134,515.00 86,504.00 -127,250.00
   Deprecation and Amortization 28,832.00 31,104.00 33,815.00 31,240.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 14,150.00 26,755.00 29,233.00 37,359.00
   Change in Working Capital 8,145.00 -132,040.00 -14,328.00 17,487.00
   Other Operating Activities 3,380.00 91,651.00 1,043.00 738.00
Investing Cash Flow -11,974.00 105,653.00 -122,783.00 52,101.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -10,875.00 -4,108.00 -11,612.00 -20,066.00
   Net Purchase/Sale of Investments Net 0 111,022.00 -111,022.00 73,022.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -1,099.00 -1,261.00 -149.00 -855.00
Financing Cash Flow -2,994.00 -71,674.00 4,771.00 212,682.00
   Net Issuance/Repayment of Debt 7,189.00 -73,978.00 4,766.00 29,491.00
   Net Issuance/Repurchase of Equity -10,190.00 0 0 183,188.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 7.00 2,304.00 5.00 3.00
Net Change in Cash -41,437.00 -83,066.00 18,255.00 224,357.00
   Cash at Beginning of Period 497,617.00 578,515.00 537,448.00 319,154.00
   Cash at End of Period 453,163.00 497,617.00 578,515.00 537,448.00
Free Cash Flow -38,640.00 -124,267.00 124,427.00 -61,356.00
Breakdown 2025-06-30 2024-12-31 2024-06-30
Assets 591,440.00 521,440.00 536,935.00
   Current Assets 548,297.00 489,351.00 500,243.00
      Cash and Short-Term Investments 504,877.00 441,858.00 455,304.00
            Cash and Cash Equivalents 504,877.00 441,858.00 455,304.00
            Short-Term Investments 0 0 0
      Net Receivables 973.00 11,251.00 1,175.00
      Inventory 0 0 0
      Other Current Assets 42,447.00 36,242.00 43,764.00
   Non-Current Assets 43,143.00 32,089.00 36,692.00
      Property, Plant, Equipment Net 39,475.00 29,183.00 34,252.00
      Goodwill 0 0 0
      Intangible Assets 0 0 0
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 3,668.00 2,906.00 2,440.00
Liabilities 317,654.00 307,135.00 284,739.00
   Current Liabilities 304,620.00 302,711.00 280,231.00
      Payables and Expenses 198,104.00 242,851.00 170,916.00
            Account Payables 57,733.00 39,379.00 43,407.00
            Current Accrued Liabilities 0 64,879.00 0
      Short-Term Debt 14,826.00 15,428.00 23,016.00
      Other Current Liabilities 91,690.00 44,432.00 86,299.00
   Non-Current Liabilities 13,034.00 4,424.00 4,508.00
      Long-Term Debt 13,034.00 4,424.00 4,508.00
      Other Non-Current Liabilities 0.00 0.00 0.00
Equity 273,786.00 214,305.00 252,196.00
   Shareholders Equity 297,715.00 235,289.00 267,193.00
      Capital Stock 725.00 725.00 725.00
      Share Premium 2,705,580.00 2,703,147.00 2,698,432.00
      Retained Earnings -2,428,761.00 -2,490,809.00 -2,439,294.00
      Treasury Shares 18,996.00 10,182.00 10,185.00
      Accumulated Other Comprehensive Income 39,167.00 32,408.00 17,515.00
   Minority Interest -23,929.00 -20,984.00 -14,997.00
Debt 27,860.00 19,852.00 27,524.00
Common Shares Outstanding 901,162.01 986,891.81 981,651.01
Breakdown
EBT
Income Tax
Net Income
EPS
Average Shares Outstanding Basic
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow