Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 1.54 -3.88 -16.60 -8.62
Price to Sales 2.38 4.74 2.53 3.42
Book Value Per Common Share 0.22 -0.02 0.01 -0.16
Price to Book 158.49 -2864.37 7614.68 -738.32
Price to Operating Cash Flow -4.50 -21.94 -83.31 -20.44
Price to Free Cash Flow -2.24 -4.33 -6.25 -4.64
Enterprise Value to EBITDA 592272.84 10251853.93 122395608.81
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings -0.41 -7.24 -32.91 4.10 -6.29
Price to Sales 4.59 6.56 7.94 7.35 3.22
Book Value Per Common Share 0.16 0.19 0.22 0.23 -0.06
Price to Book 90.46 108.19 158.49 129.46 -196.41
Price to Operating Cash Flow -20.82 -5.63 -3.14 -48.69 2.35
Price to Free Cash Flow -15.29 -5.37 -2.94 -22.20 3.95
Enterprise Value to EBITDA 824337.58 1501246.13

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 9.56 -44.48 19.01
EBITDA YoY 968.21
Net Profit YoY
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY
Revenue YoY 1.09 -27.11 9.61 4.19
EBITDA YoY 114.91
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 24.70 2.53 5.78 3.30
Quick Ratio 2.10 0.27 0.81 0.66
Current Ratio 2.20 0.34 1.10 0.84
Debt to Equity 0.92 -18.98 45.94 -4.68
Long-Term Debt to Equity 0.16 -1.22 28.43 -2.68
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 16.37 18.26 24.70 69.74 5.29
Quick Ratio 1.71 1.82 2.10 1.32 0.25
Current Ratio 1.83 1.94 2.20 1.36 0.29
Debt to Equity 1.13 0.98 0.92 2.87 -8.68
Long-Term Debt to Equity 0.25 0.19 0.16 0.18 -0.70

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 54.04 -37.55 -9.12 -22.62
ROE 103.99 675.18 -428.14 83.37
Gross Margin 75.31 71.81 70.82 53.44
Operating Margin 228.34 -82.85 6.02 -17.86
EBITDA Margin 402.23 -47.33 25.86 2.88
Net Profit Margin 156.30 -121.94 -14.88 -39.83
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA -10.32 -7.43 -1.89 32.54 -0.47
ROE -21.97 -14.72 -3.63 125.83 3.64
Gross Margin 64.38 64.45 67.37 82.47 84.01
Operating Margin -107.25 -84.73 954.86 -90.88 -38.33
EBITDA Margin -86.04 -64.23 963.34 491.35 -16.61
Net Profit Margin -111.91 -90.07 -18.20 717.05 -5.98

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 106,532.00 109,172.00 98,755.00 89,564.00
   Current Assets 92,984.00 36,896.00 40,441.00 40,902.00
      Cash and Short-Term Investments 62,093.00 5,705.00 10,671.00 4,835.00
            Cash and Cash Equivalents 9,093.00 5,705.00 5,671.00 4,835.00
            Short-Term Investments 53,000.00 0 5,000.00 0
      Net Receivables 26,607.00 23,434.00 18,984.00 27,526.00
      Inventory 2,874.00 6,335.00 9,387.00 6,433.00
      Other Current Assets 1,410.00 1,422.00 1,399.00 2,108.00
   Non-Current Assets 13,548.00 72,276.00 58,314.00 48,662.00
      Property, Plant, Equipment Net 4,308.00 6,815.00 8,489.00 8,010.00
      Goodwill 0 0 0 0
      Intangible Assets 5,641.00 64,300.00 48,705.00 37,984.00
      Long-Term Investments 353.00 360.00 337.00 357.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 3,246.00 801.00 783.00 2,311.00
Liabilities 51,173.00 115,243.00 96,651.00 113,870.00
   Current Liabilities 42,173.00 107,856.00 36,834.00 48,744.00
      Payables and Expenses 8,933.00 16,281.00 9,342.00 13,916.00
            Account Payables 6,106.00 16,281.00 9,342.00 13,916.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 10,414.00 76,116.00 12,205.00 13,654.00
      Other Current Liabilities 22,826.00 15,459.00 15,287.00 21,174.00
   Non-Current Liabilities 9,000.00 7,387.00 59,817.00 65,126.00
      Long-Term Debt 5,942.00 4,573.00 54,299.00 57,133.00
      Other Non-Current Liabilities 3,058.00 2,814.00 5,518.00 7,993.00
Equity 55,359.00 -6,071.00 2,104.00 -24,306.00
   Shareholders Equity 55,359.00 -6,071.00 2,104.00 -24,306.00
      Capital Stock 2,934.00 2,878.00 2,306.00 3,687.00
      Share Premium 14,512.00 14,568.00 2,418.00 298,389.00
      Retained Earnings -35,795.00 -93,362.00 -65,099.00 -383,554.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 74,504.00 70,261.00 62,870.00 57,198.00
   Minority Interest 0 0 0 0
Debt 16,356.00 80,689.00 66,504.00 70,787.00
Net Debt 5,491.00 71,868.00 57,264.00 61,332.00
Common Shares Outstanding 251,408.92 246,262.00 193,426.48 151,419.32
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 36,831.00 33,616.00 60,551.00 50,879.00
Cost Of Revenue 9,092.00 9,476.00 17,671.00 23,690.00
Interest Income 850.00 176.00 68.00 47.00
Interest Expense 22,997.00 10,464.00 9,905.00 10,551.00
Non-Interest Expense 26,175.00 27,854.00 20,109.00 19,094.00
Gross Profit 27,739.00 24,140.00 42,880.00 27,189.00
Operating Expenses 54,702.00 53,978.00 46,719.00 45,508.00
   Selling, General and Administrative Expenses 26,175.00 27,854.00 20,109.00 19,094.00
   Research and Development Expenses 28,527.00 26,124.00 26,610.00 26,414.00
Operating Income -26,963.00 -29,838.00 -3,839.00 -18,319.00
EBT 61,104.00 -38,316.00 -6,260.00 -19,638.00
Income Tax 3,537.00 2,674.00 2,748.00 625.00
Net Income Including Non-Controlling Interests 57,567.00 -40,990.00 -9,008.00 -20,263.00
Net Income 57,567.00 -40,990.00 -9,008.00 -20,263.00
EBIT 84,101.00 -27,852.00 3,645.00 -9,087.00
Deprecation and Amortization 64,043.00 11,942.00 12,015.00 10,553.00
EBITDA 148,144.00 -15,910.00 15,660.00 1,466.00
EPS 0.02 -0.02 -0.01 -0.01
Diluted EPS 0.02 -0.02 -0.01 -0.01
Average Shares Outstanding Basic 2,514.09 2,251.84 1,845.87 1,466.92
Average Shares Outstanding Diluted 2,514.09 2,251.84 1,845.87 1,466.92
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -19,511.00 -7,261.00 -1,839.00 -8,505.00
   Operating Net Income 61,104.00 -38,316.00 -6,260.00 -19,638.00
   Deprecation and Amortization 64,043.00 11,942.00 12,015.00 10,553.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 4,090.00 7,104.00 5,477.00 5,135.00
   Change in Working Capital 15.00 5,780.00 -13,447.00 -6,009.00
   Other Operating Activities -148,763.00 6,229.00 376.00 1,454.00
Investing Cash Flow 93,687.00 -24,437.00 -26,047.00 -19,666.00
   Capital Expenditure -16,428.00 -24,115.00 -15,494.00 -19,375.00
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net -53,030.00 4,959.00 -3,452.00 9,206.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 163,145.00 -5,281.00 -7,101.00 -9,497.00
Financing Cash Flow -70,788.00 31,736.00 28,715.00 25,428.00
   Net Issuance/Repayment of Debt -64,201.00 7,642.00 71.00 20,748.00
   Net Issuance/Repurchase of Equity 0 25,450.00 30,111.00 9,852.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -6,587.00 -1,356.00 -1,467.00 -5,172.00
Net Change in Cash 3,388.00 38.00 829.00 -2,743.00
   Cash at Beginning of Period 5,705.00 5,671.00 4,835.00 7,574.00
   Cash at End of Period 9,093.00 5,705.00 5,671.00 4,835.00
Free Cash Flow -39,255.00 -36,833.00 -24,502.00 -37,424.00
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 88,291.00 97,582.00 106,532.00 222,119.00 122,249.00
   Current Assets 66,841.00 75,798.00 92,984.00 209,314.00 37,364.00
      Cash and Short-Term Investments 41,600.00 45,948.00 62,093.00 173,583.00 13,108.00
            Cash and Cash Equivalents 18,600.00 11,948.00 9,093.00 173,583.00 13,108.00
            Short-Term Investments 23,000.00 34,000.00 53,000.00 0 0
      Net Receivables 20,602.00 24,972.00 26,607.00 30,363.00 18,233.00
      Inventory 2,884.00 3,034.00 2,874.00 4,147.00 4,523.00
      Other Current Assets 1,755.00 1,844.00 1,410.00 1,221.00 1,500.00
   Non-Current Assets 21,450.00 21,784.00 13,548.00 12,805.00 84,885.00
      Property, Plant, Equipment Net 4,244.00 4,702.00 4,308.00 4,404.00 5,570.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 5,641.00 0 0
      Long-Term Investments 435.00 402.00 353.00 586.00 349.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 0 0 3,246.00 0 0
Liabilities 46,823.00 48,298.00 51,173.00 164,675.00 138,172.00
   Current Liabilities 36,455.00 39,052.00 42,173.00 154,198.00 126,949.00
      Payables and Expenses 13,573.00 11,829.00 8,933.00 19,794.00 14,935.00
            Account Payables 9,812.00 8,886.00 6,106.00 19,794.00 14,935.00
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 6,213.00 6,141.00 10,414.00 98,137.00 89,628.00
      Other Current Liabilities 16,669.00 21,082.00 22,826.00 36,267.00 22,386.00
   Non-Current Liabilities 10,368.00 9,246.00 9,000.00 10,477.00 11,223.00
      Long-Term Debt 4,723.00 4,856.00 5,942.00 7,759.00 9,028.00
      Other Non-Current Liabilities 5,645.00 4,390.00 3,058.00 2,718.00 2,195.00
Equity 41,468.00 49,284.00 55,359.00 57,444.00 -15,923.00
   Shareholders Equity 41,468.00 49,284.00 55,359.00 57,444.00 -15,923.00
      Capital Stock 2,974.00 2,960.00 2,934.00 2,918.00 2,905.00
      Share Premium 14,473.00 14,487.00 14,512.00 14,528.00 14,542.00
      Retained Earnings -52,161.00 -43,049.00 -35,795.00 -33,784.00 -106,063.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 76,397.00 75,518.00 74,504.00 74,060.00 73,378.00
   Minority Interest 0 0 0 0 0
Debt 10,936.00 10,997.00 16,356.00 105,896.00 98,656.00
Net Debt 0 0 5,491.00 0 83,127.00
Common Shares Outstanding 255,176.34 253,875.28 251,408.92 249,928.69 248,694.42
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 8,142.00 8,054.00 11,049.00 10,080.00 9,675.00
Cost Of Revenue 2,900.00 2,863.00 3,605.00 1,767.00 1,547.00
Non-Interest Expense 5,195.00 4,788.00 5,483.00 8,871.00 6,047.00
Gross Profit 5,242.00 5,191.00 7,444.00 8,313.00 8,128.00
Operating Expenses 13,974.00 12,015.00 13,005.00 17,474.00 11,836.00
   Selling, General and Administrative Expenses 5,195.00 4,788.00 5,483.00 8,871.00 6,047.00
   Research and Development Expenses 8,779.00 7,227.00 7,522.00 8,603.00 5,789.00
Operating Income -8,732.00 -6,824.00 -5,561.00 -9,161.00 -3,708.00
EBT -8,958.00 -6,973.00 -3,469.00 76,961.00 -433.00
Income Tax 154.00 281.00 -1,458.00 4,682.00 146.00
Net Income Including Non-Controlling Interests -9,112.00 -7,254.00 -2,011.00 72,279.00 -579.00
Net Income -9,112.00 -7,254.00 -2,011.00 72,279.00 -579.00
EBIT -8,732.00 -6,824.00 105,503.00 -9,161.00 -3,708.00
Deprecation and Amortization 1,727.00 1,651.00 936.00 58,689.00 2,101.00
EBITDA -7,005.00 -5,173.00 106,439.00 49,528.00 -1,607.00
EPS -0.04 -0.00 -0.00 0.01 -0.00
Diluted EPS -0.04 -0.00 -0.00 0.01 -0.00
Average Shares Outstanding Basic 2,540.60 2,515.66 2,514.09 2,489.18 2,476.51
Average Shares Outstanding Diluted 2,540.60 2,515.66 2,514.09 2,767.57 2,476.51
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Operating Cash Flow -1,794.00 -9,384.00 -27,962.00 -1,521.00 13,222.00
   Operating Net Income -8,958.00 -6,973.00 -3,469.00 76,629.00 -433.00
   Deprecation and Amortization 1,727.00 1,651.00 936.00 58,689.00 2,101.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 879.00 1,014.00 444.00 682.00 1,847.00
   Change in Working Capital 5,541.00 -4,248.00 -25,444.00 10,419.00 13,228.00
   Other Operating Activities -983.00 -828.00 -429.00 -147,940.00 -3,521.00
Investing Cash Flow 8,173.00 17,971.00 -53,754.00 163,405.00 -5,343.00
   Capital Expenditure 0 0 0 -1,577.00 -5,727.00
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 10,889.00 18,960.00 -52,825.00 -265.00 2.00
   Net Purchase/Sale of Business -2,506.00 -1,080.00 0 0 0
   Other Investing Activities -210.00 91.00 0 0 382.00
Financing Cash Flow 242.00 -5,734.00 -82,766.00 -1,423.00 4,757.00
   Net Issuance/Repayment of Debt 351.00 -5,206.00 -76,770.00 -1,244.00 4,910.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -109.00 -528.00 -5,996.00 -179.00 -153.00
Net Change in Cash 6,621.00 2,853.00 -164,482.00 160,461.00 12,636.00
   Cash at Beginning of Period 11,948.00 9,093.00 173,583.00 13,108.00 474.00
   Cash at End of Period 18,600.00 11,948.00 9,093.00 173,583.00 13,108.00
Free Cash Flow -2,442.00 -9,845.00 -29,840.00 -3,336.00 7,871.00