Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales
Book Value Per Common Share 124.21 116.67 32.68 30.10 64.42
Price to Book
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings
Price to Sales
Book Value Per Common Share
Price to Book
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 2020-12-31
Earning YoY 10.44 10.98 45.13 -23.39
Revenue YoY 5.83 -13.75 26.68 13.44
EBITDA YoY 22.65 13.84 22.43 -8.78
Net Profit YoY 30.52 1028.25 -85.21 -23.28
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 77.11 66.12 65.73 106.80 83.33 97.47 68.16 107.22 73.24 32.71
Revenue YoY 53.05 89.68 55.49 97.25 57.08 88.70 60.47 108.39 56.16 87.95
EBITDA YoY 60.30 97.99 58.96 107.69 66.68 100.56 63.67 110.15 64.96 66.03
Net Profit YoY 71.26 78.64 66.98 106.55 84.71 97.22 68.82 107.27 72.94 32.86

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.79 1.17 3.01 2.93 1.74
Quick Ratio 0.26 0.26 0.26 0.31 0.24
Current Ratio 0.72 0.82 0.69 0.78 0.74
Debt to Equity 0.35 0.47 0.47 0.47 0.47
Long-Term Debt to Equity 0.30 0.41 0.40 0.41 0.40
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 5.67 1.95 3.61 1.65 1.56 1.13 2.87 2.67 1.57 3.56 3.10 3.02 3.21 2.87 2.89
Quick Ratio 0.40 0.29 0.40 0.35 0.33 0.33 0.35 0.28 0.22 0.35 0.37 0.36 0.33 0.28 0.30
Current Ratio 0.82 0.76 0.90 0.91 0.92 1.00 0.87 0.83 0.73 0.85 0.91 0.90 0.84 0.81 0.83
Debt to Equity 0.35 0.35 0.35 0.46 0.46 0.46 0.47 0.49 0.47 0.46 0.47 0.47 0.47 0.47 0.46
Long-Term Debt to Equity 0.30 0.30 0.30 0.41 0.41 0.41 0.40 0.42 0.40 0.40 0.41 0.42 0.41 0.40 0.40

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.69 0.68 0.06 0.44 0.60
ROE 0.93 1.00 0.09 0.65 0.88
Gross Margin 47.90 39.33 14.85 36.99 48.80
Operating Margin 88.68 71.13 55.87 52.30 69.43
EBITDA Margin 127.38 109.91 83.27 86.16 107.15
Net Profit Margin 19.51 15.82 1.21 10.35 15.31
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 0.59 0.35 0.20 0.64 0.39 0.19 0.54 0.30 0.15 0.64 0.39 0.19 0.48 0.28 0.21
ROE 0.79 0.48 0.27 0.94 0.57 0.28 0.79 0.45 0.22 0.94 0.57 0.28 0.71 0.42 0.31
Gross Margin 44.52 41.46 36.35 44.14 39.73 31.39 39.43 35.56 26.20 17.73 21.68 21.96 19.99 0.85 -9.48
Operating Margin 91.67 86.19 83.43 66.17 63.10 59.27 55.94 49.25 45.82 53.67 51.05 49.44 51.99 46.29 59.42
EBITDA Margin 130.21 124.32 119.10 103.90 101.63 96.52 93.75 88.35 83.13 81.09 79.50 78.84 85.51 80.95 91.64
Net Profit Margin 20.75 18.54 19.69 19.10 17.79 16.99 16.35 13.90 13.30 16.24 15.44 15.52 15.04 13.58 19.20

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 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 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 755,577,000.00 587,630,000.00 568,926,000.00 538,146,000.00 517,841,000.00
   Current Assets 20,711,000.00 20,144,000.00 19,902,000.00 16,875,000.00 16,357,000.00
      Cash and Short-Term Investments 1,967,000.00 1,276,000.00 3,239,000.00 3,104,000.00 1,842,000.00
            Cash and Cash Equivalents 1,967,000.00 1,276,000.00 3,239,000.00 3,104,000.00 1,842,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 5,622,000.00 5,110,000.00 4,328,000.00 3,536,000.00 3,542,000.00
      Inventory 6,414,000.00 6,400,000.00 5,133,000.00 4,546,000.00 4,845,000.00
      Other Current Assets 6,708,000.00 7,358,000.00 7,202,000.00 5,689,000.00 6,128,000.00
   Non-Current Assets 734,866,000.00 567,486,000.00 549,024,000.00 521,271,000.00 501,484,000.00
      Property, Plant, Equipment Net 3,331,000.00 588,321,000.00 565,209,000.00 545,310,000.00 521,776,000.00
      Goodwill 25,371,000.00 20,354,000.00 20,498,000.00 20,592,000.00 20,855,000.00
      Intangible Assets 341,000.00 384,000.00 432,000.00 482,000.00 538,000.00
      Long-Term Investments 5,207,000.00 24,714,000.00 24,344,000.00 24,686,000.00 24,529,000.00
      Non-Current Deferred Assets 0 0 0 0 391,000.00
      Other Non-Current Assets 700,616,000.00 -66,287,000.00 -61,459,000.00 -69,799,000.00 -66,605,000.00
Liabilities 194,860,000.00 187,458,000.00 182,446,000.00 172,622,000.00 164,963,000.00
   Current Liabilities 28,676,000.00 24,583,000.00 28,724,000.00 21,644,000.00 22,239,000.00
      Payables and Expenses 7,725,000.00 6,520,000.00 7,020,000.00 5,403,000.00 7,461,000.00
            Account Payables 4,719,000.00 3,874,000.00 4,444,000.00 3,045,000.00 5,022,000.00
            Current Accrued Liabilities 3,006,000.00 2,646,000.00 2,576,000.00 2,358,000.00 2,439,000.00
      Short-Term Debt 12,049,000.00 12,662,000.00 17,765,000.00 11,762,000.00 8,618,000.00
      Other Current Liabilities 8,902,000.00 5,401,000.00 3,939,000.00 4,479,000.00 6,160,000.00
   Non-Current Liabilities 166,184,000.00 162,875,000.00 153,722,000.00 150,978,000.00 142,724,000.00
      Long-Term Debt 101,774,000.00 99,046,000.00 89,145,000.00 86,669,000.00 80,144,000.00
      Other Non-Current Liabilities 64,410,000.00 63,829,000.00 64,577,000.00 64,309,000.00 62,580,000.00
Equity 560,717,000.00 400,172,000.00 386,480,000.00 365,524,000.00 352,878,000.00
   Shareholders Equity 136,132,000.00 127,405,000.00 35,131,000.00 31,937,000.00 68,161,000.00
      Capital Stock 7,104,000.00 7,081,000.00 17,520,000.00 16,961,000.00 16,856,000.00
      Share Premium 58,474,000.00 55,468,000.00 41,730,000.00 37,379,000.00 34,982,000.00
      Retained Earnings 20,778,000.00 18,587,000.00 17,051,000.00 15,801,000.00 16,921,000.00
      Treasury Shares 59,000.00 59,000.00 53,000.00 47,000.00 46,000.00
      Accumulated Other Comprehensive Income -19,000.00 -194,000.00 -175,000.00 -294,000.00 -552,000.00
   Minority Interest 3,466,000.00 3,781,000.00 4,124,000.00 4,402,000.00 4,262,000.00
Investments 5,207,000.00 24,714,000.00 24,344,000.00 24,686,000.00 24,529,000.00
Debt 113,823,000.00 111,708,000.00 106,910,000.00 98,431,000.00 88,762,000.00
Net Debt 111,856,000.00 110,432,000.00 103,671,000.00 95,327,000.00 86,920,000.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 26,724,000.00 25,253,000.00 29,279,000.00 23,113,000.00 20,375,000.00
Cost Of Revenue 13,923,000.00 15,321,000.00 24,930,000.00 14,563,000.00 10,432,000.00
Gross Profit 12,801,000.00 9,932,000.00 4,349,000.00 8,550,000.00 9,943,000.00
Operating Expenses -1,506,000.00 -3,801,000.00 -8,522,000.00 -1,223,000.00 -1,597,000.00
   Selling, General and Administrative Expenses 3,074,000.00 2,845,000.00 2,817,000.00 2,574,000.00 2,463,000.00
   Other Operating Expenses -4,580,000.00 -6,646,000.00 -11,339,000.00 -3,797,000.00 -4,060,000.00
Operating Income 14,307,000.00 13,733,000.00 12,871,000.00 9,773,000.00 11,540,000.00
Net Non-Operating Income -2,751,000.00 -4,117,000.00 -3,471,000.00 -4,008,000.00 -3,676,000.00
Interest Expense 12,142,000.00 8,347,000.00 6,957,000.00 6,323,000.00 6,282,000.00
EBT 11,556,000.00 9,616,000.00 9,400,000.00 5,765,000.00 7,864,000.00
Income Tax 6,922,000.00 2,769,000.00 3,865,000.00 1,735,000.00 2,333,000.00
Equity Method Investments Income 1,024,000.00 847,000.00 151,000.00 76,000.00 870,000.00
Net Income Including Non-Controlling Interests 5,354,000.00 4,242,000.00 461,000.00 2,492,000.00 3,150,000.00
Net Income Non-Controlling Interests -141,000.00 -248,000.00 -107,000.00 -99,000.00 -31,000.00
Net Income 5,213,000.00 3,994,000.00 354,000.00 2,393,000.00 3,119,000.00
EBIT 23,698,000.00 17,963,000.00 16,357,000.00 12,088,000.00 14,146,000.00
Deprecation and Amortization 10,343,000.00 9,792,000.00 8,024,000.00 7,826,000.00 7,685,000.00
EBITDA 34,041,000.00 27,755,000.00 24,381,000.00 19,914,000.00 21,831,000.00
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 1,096,000.00 1,092,000.00 1,075,000.00 1,061,000.00 1,058,000.00
Average Shares Outstanding Diluted 1,102,000.00 1,098,000.00 1,081,000.00 1,068,000.00 1,065,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 20,142,000.00 15,611,000.00 12,696,000.00 12,829,000.00 13,628,000.00
   Operating Net Income 17,076,000.00 11,614,000.00 10,561,000.00 6,567,000.00 8,812,000.00
   Deprecation and Amortization 10,343,000.00 9,792,000.00 8,024,000.00 7,826,000.00 7,685,000.00
   Deferred Income Tax 991,000.00 134,000.00 1,364,000.00 -44,000.00 -409,000.00
   Share Based Compensation 132,000.00 137,000.00 127,000.00 144,000.00 113,000.00
   Change in Working Capital 2,000,000.00 -1,764,000.00 4,744,000.00 389,000.00 944,000.00
   Other Operating Activities -10,400,000.00 -4,302,000.00 -12,124,000.00 -2,053,000.00 -3,517,000.00
Investing Cash Flow -18,697,000.00 -19,234,000.00 -16,738,000.00 -15,343,000.00 -14,021,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 17,848,000.00 17,901,000.00 15,749,000.00 14,399,000.00 14,977,000.00
   Net Purchase/Sale of Investments Net 154,000.00 21,000.00 67,000.00 -12,000.00 -108,000.00
   Net Purchase/Sale of Business 372,000.00 265,000.00 473,000.00 1,781,000.00 2,247,000.00
   Other Investing Activities -37,071,000.00 -37,421,000.00 -33,027,000.00 -31,511,000.00 -31,137,000.00
Financing Cash Flow -1,038,000.00 1,766,000.00 4,355,000.00 3,833,000.00 -1,298,000.00
   Net Issuance/Repayment of Debt 12,903,000.00 19,286,000.00 14,578,000.00 14,475,000.00 21,541,000.00
   Net Issuance/Repurchase of Equity 143,000.00 36,000.00 1,808,000.00 73,000.00 74,000.00
   Dividends Paid 7,242,000.00 7,053,000.00 6,501,000.00 6,301,000.00 6,066,000.00
   Other Financing Activities -21,326,000.00 -24,609,000.00 -18,532,000.00 -17,016,000.00 -28,979,000.00
Net Change in Cash 407,000.00 -1,857,000.00 313,000.00 1,319,000.00 -1,691,000.00
   Cash at Beginning of Period 694,000.00 2,778,000.00 1,724,000.00 510,000.00 2,759,000.00
   Cash at End of Period 1,101,000.00 921,000.00 2,037,000.00 1,829,000.00 1,068,000.00
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 796,169,000.00 774,015,000.00 768,891,000.00 755,577,000.00 606,732,000.00 597,304,000.00 590,787,000.00 587,630,000.00 583,827,000.00 563,572,000.00 568,906,000.00 568,926,000.00 565,549,000.00 551,938,000.00 543,545,000.00 538,146,000.00 537,799,000.00 531,495,000.00 529,044,000.00 517,841,000.00
   Current Assets 24,494,000.00 20,822,000.00 22,377,000.00 20,711,000.00 21,430,000.00 20,914,000.00 20,294,000.00 20,144,000.00 21,731,000.00 20,376,000.00 18,358,000.00 19,902,000.00 20,183,000.00 18,955,000.00 17,958,000.00 16,875,000.00 18,143,000.00 18,482,000.00 17,983,000.00 16,357,000.00
      Cash and Short-Term Investments 6,248,000.00 2,142,000.00 3,969,000.00 1,967,000.00 1,808,000.00 1,705,000.00 1,235,000.00 1,276,000.00 3,130,000.00 2,918,000.00 1,709,000.00 3,239,000.00 3,804,000.00 3,303,000.00 3,211,000.00 3,104,000.00 3,407,000.00 3,038,000.00 3,065,000.00 1,842,000.00
            Cash and Cash Equivalents 6,248,000.00 2,142,000.00 3,969,000.00 1,967,000.00 1,808,000.00 1,705,000.00 1,235,000.00 1,276,000.00 3,130,000.00 2,918,000.00 1,709,000.00 3,239,000.00 3,804,000.00 3,303,000.00 3,211,000.00 3,104,000.00 3,407,000.00 3,038,000.00 3,065,000.00 1,842,000.00
            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 5,678,000.00 5,873,000.00 5,967,000.00 5,622,000.00 6,521,000.00 5,657,000.00 5,377,000.00 5,110,000.00 5,682,000.00 4,060,000.00 3,874,000.00 4,328,000.00 4,395,000.00 4,517,000.00 3,967,000.00 3,536,000.00 3,619,000.00 3,336,000.00 3,501,000.00 3,542,000.00
      Inventory 6,273,000.00 5,931,000.00 5,861,000.00 6,414,000.00 6,493,000.00 6,306,000.00 6,292,000.00 6,400,000.00 6,011,000.00 5,659,000.00 5,248,000.00 5,133,000.00 5,160,000.00 4,366,000.00 4,032,000.00 4,546,000.00 4,375,000.00 4,112,000.00 4,258,000.00 4,845,000.00
      Other Current Assets 6,295,000.00 6,876,000.00 6,580,000.00 6,708,000.00 6,608,000.00 7,246,000.00 7,390,000.00 7,358,000.00 6,908,000.00 7,739,000.00 7,527,000.00 7,202,000.00 6,824,000.00 6,769,000.00 6,748,000.00 5,689,000.00 6,742,000.00 7,996,000.00 7,159,000.00 6,128,000.00
   Non-Current Assets 771,675,000.00 753,193,000.00 746,514,000.00 734,866,000.00 585,302,000.00 576,390,000.00 570,493,000.00 567,486,000.00 562,096,000.00 543,196,000.00 550,548,000.00 549,024,000.00 545,366,000.00 532,983,000.00 525,587,000.00 521,271,000.00 519,656,000.00 513,013,000.00 511,061,000.00 501,484,000.00
      Property, Plant, Equipment Net 3,258,000.00 3,335,000.00 3,377,000.00 3,331,000.00 2,916,000.00 558,567,000.00 550,255,000.00 588,321,000.00 537,265,000.00 528,464,000.00 521,989,000.00 565,209,000.00 509,344,000.00 508,471,000.00 502,296,000.00 545,310,000.00 495,537,000.00 488,771,000.00 485,064,000.00 521,776,000.00
      Goodwill 25,371,000.00 25,371,000.00 25,371,000.00 25,371,000.00 20,354,000.00 20,354,000.00 20,354,000.00 20,354,000.00 20,354,000.00 20,354,000.00 20,354,000.00 20,498,000.00 20,592,000.00 20,592,000.00 20,592,000.00 20,592,000.00 20,592,000.00 20,592,000.00 20,592,000.00 20,855,000.00
      Intangible Assets 312,000.00 322,000.00 331,000.00 341,000.00 352,000.00 363,000.00 373,000.00 384,000.00 396,000.00 407,000.00 420,000.00 432,000.00 443,000.00 456,000.00 469,000.00 482,000.00 495,000.00 510,000.00 524,000.00 538,000.00
      Long-Term Investments 4,920,000.00 5,286,000.00 5,315,000.00 5,207,000.00 5,182,000.00 5,138,000.00 25,024,000.00 24,714,000.00 24,275,000.00 24,379,000.00 24,425,000.00 24,344,000.00 23,333,000.00 23,575,000.00 24,336,000.00 24,686,000.00 24,876,000.00 24,796,000.00 24,960,000.00 24,529,000.00
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 119,000.00 123,000.00 126,000.00 391,000.00
      Other Non-Current Assets 737,814,000.00 718,879,000.00 712,120,000.00 700,616,000.00 556,498,000.00 -8,032,000.00 -25,513,000.00 -66,287,000.00 -20,194,000.00 -30,408,000.00 -16,640,000.00 -61,459,000.00 -8,346,000.00 -20,111,000.00 -22,106,000.00 -69,799,000.00 -21,963,000.00 -21,779,000.00 -20,205,000.00 -66,605,000.00
Liabilities 205,577,000.00 198,595,000.00 197,808,000.00 194,860,000.00 191,878,000.00 189,565,000.00 187,235,000.00 187,458,000.00 185,933,000.00 184,871,000.00 181,170,000.00 182,446,000.00 179,464,000.00 176,527,000.00 173,578,000.00 172,622,000.00 171,130,000.00 169,370,000.00 167,386,000.00 164,963,000.00
   Current Liabilities 29,792,000.00 27,270,000.00 24,926,000.00 28,676,000.00 23,514,000.00 22,624,000.00 20,324,000.00 24,583,000.00 24,870,000.00 24,542,000.00 25,244,000.00 28,724,000.00 23,645,000.00 20,859,000.00 20,028,000.00 21,644,000.00 21,599,000.00 22,959,000.00 21,549,000.00 22,239,000.00
      Payables and Expenses 7,312,000.00 6,287,000.00 5,783,000.00 7,725,000.00 7,547,000.00 5,499,000.00 4,649,000.00 6,520,000.00 6,368,000.00 5,356,000.00 4,617,000.00 7,020,000.00 6,322,000.00 5,728,000.00 4,305,000.00 5,403,000.00 6,998,000.00 6,405,000.00 5,903,000.00 7,461,000.00
            Account Payables 4,000,000.00 4,178,000.00 4,062,000.00 4,719,000.00 4,876,000.00 3,568,000.00 3,106,000.00 3,874,000.00 3,878,000.00 3,533,000.00 3,159,000.00 4,444,000.00 3,812,000.00 3,802,000.00 2,925,000.00 3,045,000.00 4,593,000.00 4,510,000.00 4,450,000.00 5,022,000.00
            Current Accrued Liabilities 3,312,000.00 2,109,000.00 1,721,000.00 3,006,000.00 2,671,000.00 1,931,000.00 1,543,000.00 2,646,000.00 2,490,000.00 1,823,000.00 1,458,000.00 2,576,000.00 2,510,000.00 1,926,000.00 1,380,000.00 2,358,000.00 2,405,000.00 1,895,000.00 1,453,000.00 2,439,000.00
      Short-Term Debt 12,527,000.00 11,613,000.00 9,479,000.00 12,049,000.00 4,697,000.00 7,684,000.00 7,050,000.00 12,662,000.00 8,447,000.00 9,915,000.00 11,733,000.00 17,765,000.00 7,753,000.00 5,639,000.00 6,738,000.00 11,762,000.00 7,486,000.00 8,615,000.00 8,018,000.00 8,618,000.00
      Other Current Liabilities 9,953,000.00 9,370,000.00 9,664,000.00 8,902,000.00 11,270,000.00 9,441,000.00 8,625,000.00 5,401,000.00 10,055,000.00 9,271,000.00 8,894,000.00 3,939,000.00 9,570,000.00 9,492,000.00 8,985,000.00 4,479,000.00 7,115,000.00 7,939,000.00 7,628,000.00 6,160,000.00
   Non-Current Liabilities 175,785,000.00 171,325,000.00 172,882,000.00 166,184,000.00 168,364,000.00 166,941,000.00 166,911,000.00 162,875,000.00 161,063,000.00 160,329,000.00 155,926,000.00 153,722,000.00 155,819,000.00 155,668,000.00 153,550,000.00 150,978,000.00 149,531,000.00 146,411,000.00 145,837,000.00 142,724,000.00
      Long-Term Debt 111,247,000.00 106,377,000.00 107,755,000.00 101,774,000.00 103,986,000.00 102,213,000.00 102,548,000.00 99,046,000.00 96,674,000.00 95,389,000.00 90,749,000.00 89,145,000.00 89,278,000.00 89,595,000.00 87,842,000.00 86,669,000.00 84,767,000.00 83,644,000.00 82,537,000.00 80,144,000.00
      Other Non-Current Liabilities 64,538,000.00 64,948,000.00 65,127,000.00 64,410,000.00 64,378,000.00 64,728,000.00 64,363,000.00 63,829,000.00 64,389,000.00 64,940,000.00 65,177,000.00 64,577,000.00 66,541,000.00 66,073,000.00 65,708,000.00 64,309,000.00 64,764,000.00 62,767,000.00 63,300,000.00 62,580,000.00
Equity 590,592,000.00 575,420,000.00 571,083,000.00 560,717,000.00 414,854,000.00 407,739,000.00 403,552,000.00 400,172,000.00 397,894,000.00 378,701,000.00 387,736,000.00 386,480,000.00 386,085,000.00 375,411,000.00 369,967,000.00 365,524,000.00 366,669,000.00 362,125,000.00 361,658,000.00 352,878,000.00
   Shareholders Equity 0 0 0 136,132,000.00 0 0 0 127,405,000.00 0 0 0 35,131,000.00 0 0 0 31,937,000.00 0 0 0 68,161,000.00
      Capital Stock 0 0 0 7,104,000.00 0 0 0 7,081,000.00 0 0 0 17,520,000.00 0 0 0 16,961,000.00 291,000.00 291,000.00 291,000.00 16,856,000.00
      Share Premium 0 0 0 58,474,000.00 0 0 0 55,468,000.00 0 0 0 41,730,000.00 0 0 0 37,379,000.00 0 0 0 34,982,000.00
      Retained Earnings 0 0 0 20,778,000.00 0 0 0 18,587,000.00 0 0 0 17,051,000.00 0 0 0 15,801,000.00 0 0 0 16,921,000.00
      Treasury Shares 0 0 0 59,000.00 0 0 0 59,000.00 0 0 0 53,000.00 0 0 0 47,000.00 0 0 0 46,000.00
      Accumulated Other Comprehensive Income 0 0 0 -19,000.00 0 0 0 -194,000.00 0 0 0 -175,000.00 0 0 0 -294,000.00 0 0 0 -552,000.00
   Minority Interest 0 0 0 3,466,000.00 0 0 0 3,781,000.00 0 0 0 4,124,000.00 0 0 0 4,402,000.00 0 0 0 4,262,000.00
Investments 4,920,000.00 5,286,000.00 5,315,000.00 5,207,000.00 5,182,000.00 5,138,000.00 25,024,000.00 24,714,000.00 24,275,000.00 24,379,000.00 24,425,000.00 24,344,000.00 23,333,000.00 23,575,000.00 24,336,000.00 24,686,000.00 24,876,000.00 24,796,000.00 24,960,000.00 24,529,000.00
Debt 123,774,000.00 117,990,000.00 117,234,000.00 113,823,000.00 108,683,000.00 109,897,000.00 109,598,000.00 111,708,000.00 105,121,000.00 105,304,000.00 102,482,000.00 106,910,000.00 97,031,000.00 95,234,000.00 94,580,000.00 98,431,000.00 92,253,000.00 92,259,000.00 90,555,000.00 88,762,000.00
Net Debt 117,526,000.00 115,848,000.00 113,265,000.00 111,856,000.00 106,875,000.00 108,192,000.00 108,363,000.00 110,432,000.00 101,991,000.00 102,386,000.00 100,773,000.00 103,671,000.00 93,227,000.00 91,931,000.00 91,369,000.00 95,327,000.00 88,846,000.00 89,221,000.00 87,490,000.00 86,920,000.00
Common Shares Outstanding 1,101,104.84 1,100,047.41 1,099,055.06 0 1,095,684.18 1,094,565.74 1,093,426.11 0 1,090,619.35 1,090,546.58 1,090,402.54 0 1,088,672.83 1,063,001.32 1,062,524.68 0 1,059,803.93 1,058,825.81 1,058,630.39 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 22,572,000.00 14,748,000.00 7,775,000.00 -13,414,000.00 20,383,000.00 13,109,000.00 6,646,000.00 -12,663,000.00 19,208,000.00 12,228,000.00 6,480,000.00 -13,455,000.00 22,232,000.00 13,854,000.00 6,648,000.00 -11,251,000.00 17,346,000.00 11,108,000.00 5,910,000.00
Cost Of Revenue 12,522,000.00 8,634,000.00 4,949,000.00 -9,924,000.00 11,386,000.00 7,901,000.00 4,560,000.00 -8,976,000.00 11,635,000.00 7,880,000.00 4,782,000.00 -9,399,000.00 18,290,000.00 10,851,000.00 5,188,000.00 -16,800,000.00 13,879,000.00 11,014,000.00 6,470,000.00
Gross Profit 10,050,000.00 6,114,000.00 2,826,000.00 -3,490,000.00 8,997,000.00 5,208,000.00 2,086,000.00 -3,687,000.00 7,573,000.00 4,348,000.00 1,698,000.00 -4,056,000.00 3,942,000.00 3,003,000.00 1,460,000.00 5,549,000.00 3,467,000.00 94,000.00 -560,000.00
Operating Expenses -2,797,000.00 -1,486,000.00 -1,216,000.00 5,168,000.00 -3,147,000.00 -2,154,000.00 -1,373,000.00 -428,000.00 -1,815,000.00 -763,000.00 -795,000.00 2,796,000.00 -6,722,000.00 -3,213,000.00 -1,383,000.00 11,967,000.00 -4,752,000.00 -4,624,000.00 -3,814,000.00
   Selling, General and Administrative Expenses 2,267,000.00 1,692,000.00 888,000.00 -1,579,000.00 2,305,000.00 1,557,000.00 791,000.00 -1,556,000.00 2,148,000.00 1,466,000.00 787,000.00 -1,506,000.00 2,141,000.00 1,439,000.00 743,000.00 -1,360,000.00 1,934,000.00 1,312,000.00 688,000.00
   Other Operating Expenses -5,064,000.00 -3,178,000.00 -2,104,000.00 6,747,000.00 -5,452,000.00 -3,711,000.00 -2,164,000.00 1,128,000.00 -3,963,000.00 -2,229,000.00 -1,582,000.00 4,302,000.00 -8,863,000.00 -4,652,000.00 -2,126,000.00 13,327,000.00 -6,686,000.00 -5,936,000.00 -4,502,000.00
Operating Income 12,847,000.00 7,600,000.00 4,042,000.00 -8,658,000.00 12,144,000.00 7,362,000.00 3,459,000.00 -3,259,000.00 9,388,000.00 5,111,000.00 2,493,000.00 -6,852,000.00 10,664,000.00 6,216,000.00 2,843,000.00 -6,418,000.00 8,219,000.00 4,718,000.00 3,254,000.00
Net Non-Operating Income -2,213,000.00 -1,511,000.00 -671,000.00 1,128,000.00 -1,983,000.00 -1,296,000.00 -600,000.00 -977,000.00 -1,615,000.00 -1,045,000.00 -480,000.00 -1,276,000.00 -1,151,000.00 -719,000.00 -325,000.00 -988,000.00 -1,451,000.00 -1,077,000.00 -492,000.00
Interest Expense 10,057,000.00 6,622,000.00 3,116,000.00 5,529,000.00 3,327,000.00 2,206,000.00 1,080,000.00 2,463,000.00 2,972,000.00 1,956,000.00 956,000.00 2,192,000.00 2,420,000.00 1,576,000.00 769,000.00 1,822,000.00 2,250,000.00 1,501,000.00 750,000.00
EBT 10,634,000.00 6,089,000.00 3,371,000.00 -7,530,000.00 10,161,000.00 6,066,000.00 2,859,000.00 -4,236,000.00 7,773,000.00 4,066,000.00 2,013,000.00 -8,128,000.00 9,513,000.00 5,497,000.00 2,518,000.00 -7,406,000.00 6,768,000.00 3,641,000.00 2,762,000.00
Income Tax 6,914,000.00 4,126,000.00 1,972,000.00 3,241,000.00 1,991,000.00 1,169,000.00 521,000.00 830,000.00 1,173,000.00 509,000.00 257,000.00 443,000.00 1,954,000.00 1,065,000.00 403,000.00 -397,000.00 1,247,000.00 452,000.00 433,000.00
Equity Method Investments Income 605,000.00 380,000.00 255,000.00 335,000.00 327,000.00 229,000.00 133,000.00 169,000.00 318,000.00 222,000.00 138,000.00 -516,000.00 319,000.00 222,000.00 126,000.00 -97,000.00 63,000.00 -17,000.00 127,000.00
Net Income Including Non-Controlling Interests 4,779,000.00 2,826,000.00 1,595,000.00 -2,205,000.00 3,967,000.00 2,405,000.00 1,187,000.00 -1,669,000.00 3,208,000.00 1,778,000.00 925,000.00 -6,488,000.00 3,666,000.00 2,206,000.00 1,077,000.00 -2,851,000.00 2,635,000.00 1,541,000.00 1,167,000.00
Net Income Non-Controlling Interests -95,000.00 -91,000.00 -64,000.00 63,000.00 -73,000.00 -73,000.00 -58,000.00 -39,000.00 -68,000.00 -78,000.00 -63,000.00 60,000.00 -55,000.00 -67,000.00 -45,000.00 -7,000.00 -27,000.00 -33,000.00 -32,000.00
Net Income 4,684,000.00 2,735,000.00 1,531,000.00 -2,142,000.00 3,894,000.00 2,332,000.00 1,129,000.00 -1,708,000.00 3,140,000.00 1,700,000.00 862,000.00 -6,428,000.00 3,611,000.00 2,139,000.00 1,032,000.00 -2,858,000.00 2,608,000.00 1,508,000.00 1,135,000.00
EBIT 20,691,000.00 12,711,000.00 6,487,000.00 -2,001,000.00 13,488,000.00 8,272,000.00 3,939,000.00 -1,773,000.00 10,745,000.00 6,022,000.00 2,969,000.00 -5,936,000.00 11,933,000.00 7,073,000.00 3,287,000.00 -5,584,000.00 9,018,000.00 5,142,000.00 3,512,000.00
Deprecation and Amortization 8,699,000.00 5,623,000.00 2,773,000.00 -4,874,000.00 7,690,000.00 5,051,000.00 2,476,000.00 -4,671,000.00 7,263,000.00 4,782,000.00 2,418,000.00 -3,965,000.00 6,094,000.00 3,941,000.00 1,954,000.00 -3,743,000.00 5,815,000.00 3,850,000.00 1,904,000.00
EBITDA 29,390,000.00 18,334,000.00 9,260,000.00 -6,875,000.00 21,178,000.00 13,323,000.00 6,415,000.00 -6,444,000.00 18,008,000.00 10,804,000.00 5,387,000.00 -9,901,000.00 18,027,000.00 11,014,000.00 5,241,000.00 -9,327,000.00 14,833,000.00 8,992,000.00 5,416,000.00
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 1,101,000.00 1,100,000.00 1,100,000.00 1,099,000.00 1,096,000.00 1,095,000.00 1,094,000.00 1,093,000.00 1,092,000.00 1,092,000.00 1,091,000.00 1,103,000.00 1,070,000.00 1,064,000.00 1,063,000.00 1,064,000.00 1,060,000.00 1,060,000.00 1,060,000.00
Average Shares Outstanding Diluted 1,108,000.00 1,107,000.00 1,105,000.00 1,105,000.00 1,102,000.00 1,101,000.00 1,100,000.00 1,098,000.00 1,098,000.00 1,098,000.00 1,098,000.00 1,109,000.00 1,076,000.00 1,070,000.00 1,069,000.00 1,073,000.00 1,067,000.00 1,066,000.00 1,066,000.00
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 14,687,000.00 6,964,000.00 2,604,000.00 -6,321,000.00 15,558,000.00 8,141,000.00 2,764,000.00 -4,355,000.00 11,934,000.00 6,101,000.00 1,931,000.00 -7,902,000.00 10,209,000.00 7,157,000.00 3,232,000.00 -6,306,000.00 10,516,000.00 5,975,000.00 2,644,000.00
   Operating Net Income 3,876,000.00 2,170,000.00 4,887,000.00 641,000.00 8,170,000.00 4,897,000.00 3,368,000.00 -1,045,000.00 6,600,000.00 3,557,000.00 2,502,000.00 -4,348,000.00 7,559,000.00 4,432,000.00 2,918,000.00 -5,435,000.00 5,528,000.00 3,189,000.00 3,285,000.00
   Deprecation and Amortization 8,699,000.00 5,623,000.00 2,773,000.00 -4,874,000.00 7,690,000.00 5,051,000.00 2,476,000.00 -4,671,000.00 7,263,000.00 4,782,000.00 2,418,000.00 -3,965,000.00 6,094,000.00 3,941,000.00 1,954,000.00 -3,743,000.00 5,815,000.00 3,850,000.00 1,904,000.00
   Deferred Income Tax 818,000.00 876,000.00 423,000.00 -551,000.00 1,047,000.00 495,000.00 0 288,000.00 -94,000.00 -60,000.00 0 -409,000.00 1,214,000.00 478,000.00 81,000.00 -217,000.00 167,000.00 -233,000.00 239,000.00
   Share Based Compensation 124,000.00 102,000.00 90,000.00 -168,000.00 120,000.00 97,000.00 83,000.00 -185,000.00 119,000.00 111,000.00 92,000.00 -174,000.00 116,000.00 100,000.00 85,000.00 -178,000.00 134,000.00 105,000.00 83,000.00
   Change in Working Capital -1,488,000.00 -1,915,000.00 -2,557,000.00 3,794,000.00 434,000.00 -121,000.00 -2,107,000.00 7,304,000.00 -2,045,000.00 -3,447,000.00 -3,576,000.00 554,000.00 2,342,000.00 2,450,000.00 -602,000.00 3,871,000.00 -381,000.00 -1,010,000.00 -2,091,000.00
   Other Operating Activities 2,658,000.00 108,000.00 -3,012,000.00 -5,163,000.00 -1,903,000.00 -2,278,000.00 -1,056,000.00 -6,046,000.00 91,000.00 1,158,000.00 495,000.00 440,000.00 -7,116,000.00 -4,244,000.00 -1,204,000.00 -604,000.00 -747,000.00 74,000.00 -776,000.00
Investing Cash Flow -19,115,000.00 -11,419,000.00 -5,670,000.00 7,773,000.00 -13,292,000.00 -8,413,000.00 -4,765,000.00 6,906,000.00 -13,373,000.00 -8,531,000.00 -4,236,000.00 5,080,000.00 -11,832,000.00 -6,881,000.00 -3,105,000.00 8,851,000.00 -11,658,000.00 -8,035,000.00 -4,501,000.00
   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 16,893,000.00 10,499,000.00 4,918,000.00 -7,224,000.00 13,077,000.00 8,460,000.00 3,535,000.00 -6,950,000.00 13,085,000.00 7,922,000.00 3,844,000.00 -4,743,000.00 11,111,000.00 6,559,000.00 2,822,000.00 -6,513,000.00 10,715,000.00 6,797,000.00 3,400,000.00
   Net Purchase/Sale of Investments Net 220,000.00 239,000.00 123,000.00 -666,000.00 472,000.00 219,000.00 129,000.00 -361,000.00 140,000.00 98,000.00 144,000.00 279,000.00 -20,000.00 -76,000.00 -116,000.00 9,000.00 34,000.00 -25,000.00 -30,000.00
   Net Purchase/Sale of Business 635,000.00 0 0 372,000.00 0 0 0 265,000.00 0 0 0 473,000.00 0 0 0 -296,000.00 693,000.00 693,000.00 691,000.00
   Other Investing Activities -36,863,000.00 -22,157,000.00 -10,711,000.00 15,291,000.00 -26,841,000.00 -17,092,000.00 -8,429,000.00 13,952,000.00 -26,598,000.00 -16,551,000.00 -8,224,000.00 9,071,000.00 -22,923,000.00 -13,364,000.00 -5,811,000.00 15,651,000.00 -23,100,000.00 -15,500,000.00 -8,562,000.00
Financing Cash Flow 8,648,000.00 4,569,000.00 5,015,000.00 -1,357,000.00 -2,005,000.00 473,000.00 1,851,000.00 -2,726,000.00 1,518,000.00 2,111,000.00 863,000.00 2,264,000.00 2,269,000.00 -118,000.00 -60,000.00 -5,372,000.00 2,748,000.00 3,320,000.00 3,137,000.00
   Net Issuance/Repayment of Debt 14,371,000.00 9,123,000.00 5,598,000.00 -13,484,000.00 12,828,000.00 8,831,000.00 4,728,000.00 -9,646,000.00 14,370,000.00 10,060,000.00 4,502,000.00 -6,330,000.00 10,035,000.00 7,124,000.00 3,749,000.00 -17,611,000.00 14,838,000.00 11,936,000.00 5,312,000.00
   Net Issuance/Repurchase of Equity 90,000.00 62,000.00 30,000.00 -81,000.00 112,000.00 84,000.00 28,000.00 -27,000.00 26,000.00 22,000.00 15,000.00 -94,000.00 1,803,000.00 61,000.00 38,000.00 -27,000.00 62,000.00 24,000.00 14,000.00
   Dividends Paid 5,625,000.00 3,741,000.00 1,860,000.00 -3,628,000.00 5,435,000.00 3,631,000.00 1,804,000.00 -3,496,000.00 5,286,000.00 3,517,000.00 1,746,000.00 -3,183,000.00 4,861,000.00 3,222,000.00 1,601,000.00 -3,929,000.00 4,991,000.00 3,410,000.00 1,829,000.00
   Other Financing Activities -11,438,000.00 -8,357,000.00 -2,473,000.00 15,836,000.00 -20,380,000.00 -12,073,000.00 -4,709,000.00 10,443,000.00 -18,164,000.00 -11,488,000.00 -5,400,000.00 11,871,000.00 -14,430,000.00 -10,525,000.00 -5,448,000.00 16,195,000.00 -17,143,000.00 -12,050,000.00 -4,018,000.00
Net Change in Cash 4,220,000.00 114,000.00 1,949,000.00 95,000.00 261,000.00 201,000.00 -150,000.00 -175,000.00 79,000.00 -319,000.00 -1,442,000.00 -558,000.00 646,000.00 158,000.00 67,000.00 -2,827,000.00 1,606,000.00 1,260,000.00 1,280,000.00
   Cash at Beginning of Period -878,000.00 1,151,000.00 383,000.00 1,006,000.00 794,000.00 1,010,000.00 982,000.00 1,096,000.00 1,811,000.00 2,563,000.00 2,659,000.00 2,595,000.00 1,367,000.00 1,577,000.00 1,606,000.00 4,656,000.00 495,000.00 357,000.00 521,000.00
   Cash at End of Period 3,342,000.00 1,265,000.00 2,332,000.00 1,101,000.00 1,055,000.00 1,211,000.00 832,000.00 921,000.00 1,890,000.00 2,244,000.00 1,217,000.00 2,037,000.00 2,013,000.00 1,735,000.00 1,673,000.00 1,829,000.00 2,101,000.00 1,617,000.00 1,801,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0