SSM
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | ||||
| Price to Sales | ||||
| Book Value Per Common Share | -15.64 | -60.52 | -34.74 | 85.05 |
| 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 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Price to Earnings | -8.42 | |||||
| Price to Sales | 238.81 | |||||
| Book Value Per Common Share | 1.71 | -10.11 | -9.55 | -15.64 | -20.12 | |
| Price to Book | 4.67 | |||||
| Price to Operating Cash Flow | -6.76 | |||||
| Price to Free Cash Flow | -6.76 | |||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -81.66 | 1331.25 | ||
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Earning YoY | ||||||
| Revenue YoY | 96.00 | -3.85 | ||||
| EBITDA YoY | ||||||
| Net Profit YoY | 2.61 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.93 | 5.19 | 27.85 | 174.16 |
| Quick Ratio | 0.08 | 0.82 | 11.08 | |
| Current Ratio | 0.09 | 0.09 | 1.20 | 11.17 |
| Debt to Equity | -1.13 | -1.11 | -2.32 | 0.77 |
| Long-Term Debt to Equity | -0.03 | -0.01 | -1.25 | 0.61 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Cash Per Common Share | 1.54 | 0.23 | 0.55 | 0.93 | 2.04 | |
| Quick Ratio | 0.10 | |||||
| Current Ratio | 3.18 | 0.08 | 0.11 | 0.09 | 0.11 | |
| Debt to Equity | 0.58 | -1.14 | -1.18 | -1.13 | -1.16 | |
| Long-Term Debt to Equity | 0.17 | -0.03 | -0.04 | -0.03 | -0.03 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 2131.30 | -478.61 | -319.64 | -43.42 |
| ROE | -286.70 | 52.12 | 422.17 | -76.65 |
| Gross Margin | -66.67 | -71.18 | -262.50 | |
| Operating Margin | -108695.24 | -79701.31 | -379068.75 | |
| EBITDA Margin | -108626.19 | -79345.85 | -375481.25 | |
| Net Profit Margin | -108826.19 | -80217.47 | -399706.25 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| ROA | -35.17 | -40.68 | 349.15 | 282.27 | -203.40 | |
| ROE | -55.44 | 5.54 | -63.83 | -37.97 | 32.59 | |
| Gross Margin | 63.27 | 24.00 | 23.08 | |||
| Operating Margin | -3206.12 | -7088.00 | -6946.15 | |||
| EBITDA Margin | -3175.51 | -7056.00 | -6915.38 | |||
| Net Profit Margin | -2838.78 | -3248.00 | 33988.46 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Dividend Yield | ||||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Assets | 3,051.00 | 9,550.00 | 57,470.00 | 147,296.00 | 0 |
| Current Assets | 2,292.00 | 8,871.00 | 55,779.00 | 142,408.00 | 0 |
| Cash and Short-Term Investments | 1,354.00 | 7,412.00 | 30,842.00 | 138,946.00 | 0 |
| Cash and Cash Equivalents | 1,354.00 | 7,412.00 | 30,357.00 | 132,939.00 | 0 |
| Short-Term Investments | 0 | 143.00 | 485.00 | 6,007.00 | 4,675.00 |
| Net Receivables | 0 | 13.00 | 7,388.00 | 2,295.00 | 986.00 |
| Inventory | 304.00 | 0 | 73.00 | 0 | 0 |
| Other Current Assets | 0 | 1,446.00 | 17,476.00 | 1,167.00 | 0 |
| Non-Current Assets | 759.00 | 679.00 | 1,691.00 | 4,888.00 | 0 |
| Property, Plant, Equipment Net | 759.00 | 679.00 | 1,457.00 | 4,502.00 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 3.00 | 206.00 | 16.00 |
| Long-Term Investments | 0 | 987.00 | 158.00 | 91.00 | 41.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 73.00 | 89.00 | 0 |
| Liabilities | 25,732.00 | 97,238.00 | 100,983.00 | 63,857.00 | 0 |
| Current Liabilities | 25,160.00 | 96,608.00 | 46,577.00 | 12,748.00 | 0 |
| Payables and Expenses | 1,062.00 | 17,067.00 | 13,332.00 | 9,691.00 | 0 |
| Account Payables | 575.00 | 1,049.00 | 5,842.00 | 6,866.00 | 0 |
| Current Accrued Liabilities | 0 | 0 | 1,108.00 | 1,271.00 | 0 |
| Short-Term Debt | 24,093.00 | 25,678.00 | 30,225.00 | 472.00 | 0 |
| Other Current Liabilities | 5.00 | 53,863.00 | 3,020.00 | 2,585.00 | 0 |
| Non-Current Liabilities | 572.00 | 630.00 | 54,406.00 | 51,109.00 | 0 |
| Long-Term Debt | 572.00 | 630.00 | 4,649.00 | 6,353.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 49,757.00 | 44,756.00 | 0 |
| Equity | -22,681.00 | -87,688.00 | -43,513.00 | 83,439.00 | 0 |
| Shareholders Equity | -22,681.00 | -87,688.00 | -43,513.00 | 83,439.00 | 0 |
| Capital Stock | 48.00 | 145.00 | 9,957.00 | 8,735.00 | 0 |
| Share Premium | 298,699.00 | 298,621.00 | 0 | 0 | 0 |
| Retained Earnings | -321,428.00 | -386,454.00 | -330,778.00 | -147,081.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 287,926.00 | 277,308.00 | 221,785.00 | 71,629.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 24,665.00 | 26,308.00 | 34,874.00 | 6,825.00 | 0 |
| Net Debt | 22,681.00 | 18,217.00 | 1,884.00 | 0 | 0 |
| Common Shares Outstanding | 1,449.88 | 1,448.89 | 1,252.61 | 981.03 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 0 | 42.00 | 229.00 | 16.00 |
| Cost Of Revenue | 0 | 70.00 | 392.00 | 58.00 |
| Interest Income | 0 | 13.00 | 0 | 0 |
| Interest Expense | 0 | 55.00 | 1,182.00 | 3,284.00 |
| Non-Interest Expense | 5,326.00 | 14,323.00 | 23,084.00 | 16,168.00 |
| Gross Profit | 0 | -28.00 | -163.00 | -42.00 |
| Operating Expenses | 6,046.00 | 29,483.00 | 181,396.00 | 56,508.00 |
| Selling, General and Administrative Expenses | 5,326.00 | 14,323.00 | 23,084.00 | 16,168.00 |
| Research and Development Expenses | 1,118.00 | 16,136.00 | 158,479.00 | 40,609.00 |
| Other Operating Expenses | -398.00 | -976.00 | -167.00 | -269.00 |
| Operating Income | -6,046.00 | -29,511.00 | -181,559.00 | -56,550.00 |
| Net Non-Operating Income | 8,923.00 | 5,404.00 | 0 | 0 |
| EBT | 65,026.00 | -45,707.00 | -183,698.00 | -63,935.00 |
| Income Tax | 0 | 0 | 0 | 18.00 |
| Net Income Including Non-Controlling Interests | 65,026.00 | -45,707.00 | -183,698.00 | -63,953.00 |
| Net Income | 65,026.00 | -45,707.00 | -183,698.00 | -63,953.00 |
| EBIT | 65,026.00 | -45,652.00 | -182,516.00 | -60,651.00 |
| Deprecation and Amortization | 18.00 | 29.00 | 814.00 | 574.00 |
| EBITDA | 65,044.00 | -45,623.00 | -181,702.00 | -60,077.00 |
| EPS | 0.04 | -0.03 | -0.17 | -0.08 |
| Diluted EPS | 0.00 | -0.03 | -0.17 | -0.08 |
| Average Shares Outstanding Basic | 1,449.48 | 1,428.86 | 1,107.40 | 797.82 |
| Average Shares Outstanding Diluted | 17,254.90 | 1,428.86 | 1,107.40 | 797.82 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -14,687.00 | -11,422.00 | -139,587.00 | -47,141.00 |
| Operating Net Income | 65,026.00 | -45,707.00 | -183,698.00 | -63,953.00 |
| Deprecation and Amortization | 18.00 | 29.00 | 814.00 | 574.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | -19.00 | -572.00 | 1,447.00 | 1,981.00 |
| Change in Working Capital | -8,235.00 | 18,934.00 | -738.00 | 7,835.00 |
| Other Operating Activities | -71,477.00 | 15,894.00 | 42,588.00 | 6,422.00 |
| Investing Cash Flow | 1,225.00 | -11,323.00 | -47,238.00 | -1,652.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -80.00 | -3,842.00 | -47,203.00 | -1,429.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 1,305.00 | -7,481.00 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | -35.00 | -223.00 |
| Financing Cash Flow | 7,000.00 | 6.00 | 83,008.00 | 138,562.00 |
| Net Issuance/Repayment of Debt | 7,000.00 | 0 | 28,024.00 | -2,565.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 56,600.00 | 143,834.00 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 6.00 | -1,616.00 | -2,707.00 |
| Net Change in Cash | -6,462.00 | -22,739.00 | -103,817.00 | 89,769.00 |
| Cash at Beginning of Period | 7,412.00 | 30,357.00 | 132,939.00 | 43,264.00 |
| Cash at End of Period | 1,354.00 | 7,412.00 | 30,357.00 | 132,939.00 |
| Free Cash Flow | -14,767.00 | -15,264.00 | -186,825.00 | -48,793.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Assets | 3,955.00 | 1,996.00 | 2,531.00 | 3,051.00 | 4,674.00 | 0 |
| Current Assets | 3,261.00 | 1,273.00 | 1,793.00 | 2,292.00 | 3,559.00 | 0 |
| Cash and Short-Term Investments | 2,250.00 | 339.00 | 801.00 | 1,354.00 | 2,956.00 | 0 |
| Cash and Cash Equivalents | 2,250.00 | 339.00 | 801.00 | 1,354.00 | 2,956.00 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 8.00 |
| Net Receivables | 0 | 0 | 0 | 0 | 214.00 | 240.00 |
| Inventory | 312.00 | 298.00 | 348.00 | 304.00 | 179.00 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 210.00 | 0 |
| Non-Current Assets | 694.00 | 723.00 | 738.00 | 759.00 | 1,115.00 | 0 |
| Property, Plant, Equipment Net | 694.00 | 723.00 | 738.00 | 759.00 | 1,065.00 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 50.00 | 50.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0.00 | 0 |
| Liabilities | 1,446.00 | 16,652.00 | 16,375.00 | 25,732.00 | 33,850.00 | 0 |
| Current Liabilities | 1,025.00 | 16,217.00 | 15,884.00 | 25,160.00 | 32,912.00 | 0 |
| Payables and Expenses | 831.00 | 582.00 | 451.00 | 1,062.00 | 955.00 | 0 |
| Account Payables | 595.00 | 582.00 | 418.00 | 575.00 | 203.00 | 0 |
| Current Accrued Liabilities | 0 | 0 | 33.00 | 0 | 0 | 0 |
| Short-Term Debt | 167.00 | 15,508.00 | 15,431.00 | 24,093.00 | 31,689.00 | 0 |
| Other Current Liabilities | 27.00 | 127.00 | 2.00 | 5.00 | 268.00 | 0 |
| Non-Current Liabilities | 421.00 | 435.00 | 491.00 | 572.00 | 938.00 | 0 |
| Long-Term Debt | 421.00 | 435.00 | 491.00 | 572.00 | 938.00 | 0 |
| Other Non-Current Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Equity | 2,509.00 | -14,656.00 | -13,844.00 | -22,681.00 | -29,176.00 | 0 |
| Shareholders Equity | 2,509.00 | -14,656.00 | -13,844.00 | -22,681.00 | -29,176.00 | 0 |
| Capital Stock | 444.00 | 48.00 | 48.00 | 48.00 | 10,844.00 | 0 |
| Share Premium | 316,859.00 | 298,699.00 | 298,699.00 | 298,699.00 | 0 | 0 |
| Retained Earnings | -314,794.00 | -313,403.00 | -312,591.00 | -321,428.00 | -327,924.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 287,904.00 | 287,903.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 588.00 | 15,943.00 | 15,922.00 | 24,665.00 | 32,627.00 | 0 |
| Net Debt | 0 | 15,002.00 | 14,504.00 | 22,681.00 | 28,648.00 | 24,266.00 |
| Common Shares Outstanding | 1,464.19 | 1,449.92 | 1,449.92 | 1,449.88 | 1,449.88 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 49.00 | 25.00 | 26.00 | 0 | 0 | 0 |
| Cost Of Revenue | 18.00 | 19.00 | 20.00 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | -3,583.00 | -2,105.00 | 0 |
| Interest Expense | 0 | 0 | 0 | -4,942.00 | 6.00 | 0 |
| Non-Interest Expense | 1,417.00 | 1,381.00 | 1,375.00 | 558.00 | 958.00 | 0 |
| Gross Profit | 31.00 | 6.00 | 6.00 | 0 | 0 | 0 |
| Operating Expenses | 1,602.00 | 1,778.00 | 1,812.00 | 299.00 | 1,481.00 | 0 |
| Selling, General and Administrative Expenses | 1,417.00 | 1,381.00 | 1,375.00 | 558.00 | 958.00 | 0 |
| Research and Development Expenses | 435.00 | 525.00 | 440.00 | 43.00 | 519.00 | 0 |
| Other Operating Expenses | -250.00 | -128.00 | -3.00 | -302.00 | 4.00 | 0 |
| Operating Income | -1,571.00 | -1,772.00 | -1,806.00 | -299.00 | -1,481.00 | 0 |
| Net Non-Operating Income | -35.00 | 813.00 | 10,331.00 | 0 | -8,809.00 | 847.00 |
| EBT | -1,391.00 | -812.00 | 8,837.00 | 8,612.00 | -9,507.00 | 0 |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -1,391.00 | -812.00 | 8,837.00 | 8,612.00 | -9,507.00 | 0 |
| Net Income | -1,391.00 | -812.00 | 8,837.00 | 8,612.00 | -9,507.00 | 0 |
| EBIT | -1,571.00 | -1,772.00 | -1,806.00 | 3,670.00 | -1,481.00 | 0 |
| Deprecation and Amortization | 15.00 | 8.00 | 8.00 | -80.00 | 4.00 | 0 |
| EBITDA | -1,556.00 | -1,764.00 | -1,798.00 | 3,670.00 | -1,477.00 | 0 |
| EPS | -0.00 | -0.00 | 0.01 | 0 | -0.01 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | 0.00 | 0 | -0.01 | -0.00 |
| Average Shares Outstanding Basic | 1,463.10 | 1,449.92 | 1,449.92 | 0 | 1,449.87 | 1,449.29 |
| Average Shares Outstanding Diluted | 1,463.10 | 1,449.92 | 10,302.85 | 0 | 1,449.87 | 1,449.29 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -1,731.00 | -1,282.00 | -2,169.00 | -8,219.00 | 2,394.00 |
| Operating Net Income | -1,393.00 | -812.00 | 8,837.00 | 8,612.00 | -9,508.00 |
| Deprecation and Amortization | 15.00 | 8.00 | 8.00 | -80.00 | 4.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | -19.00 | 0 |
| Change in Working Capital | 297.00 | 335.00 | -683.00 | 60,235.00 | 3,985.00 |
| Other Operating Activities | 0 | 0 | 0 | -76,967.00 | 7,913.00 |
| Investing Cash Flow | 0 | -8.00 | 0 | -63.00 | -8.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | -63.00 | -8.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0.00 | 0.00 |
| Financing Cash Flow | 3,171.00 | 976.00 | 1,928.00 | 6,245.00 | 0 |
| Net Issuance/Repayment of Debt | 3,086.00 | 976.00 | 1,928.00 | 7,058.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 85.00 | 0.00 | 0.00 | -813.00 | 0 |
| Net Change in Cash | 1,440.00 | -314.00 | -241.00 | -2,037.00 | 2,386.00 |
| Cash at Beginning of Period | 339.00 | 801.00 | 1,354.00 | 2,956.00 | 2,191.00 |
| Cash at End of Period | 2,250.00 | 339.00 | 801.00 | 1,354.00 | 2,220.00 |
| Free Cash Flow | -1,731.00 | -1,290.00 | -2,169.00 | -8,282.00 | 2,388.00 |