Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings
Price to Sales 0.26 0.31 0.29 0.53
Book Value Per Common Share 2.56 2.82 3.26 3.98 -6.17
Price to Book 2.57 2.35 1.91 2.18
Price to Operating Cash Flow 5.11 9.60 2.22 3.90
Price to Free Cash Flow
Enterprise Value to EBITDA 20453.77 19381.11 27482.25 46411.03
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 0.56 0.62 1.04 0.38 0.57 1.05 0.30 0.69 1.49 0.44 0.51 1.38 0.68
Book Value Per Common Share 3.56 4.01 2.98 2.57 2.58 3.00 2.79 2.69 3.89 2.33 2.77 3.02 5.07 -6.04 -6.07
Price to Book 1.58 1.12 2.03 2.73 2.64 2.07 1.68 2.68 1.91 2.98 1.96 2.40 1.51
Price to Operating Cash Flow 38.51 15.36 -11.30 -11.30 -11.40 -13.19 -4.37 -6.02 -10.91 11.86 -6.30 -18.23 28.98
Price to Free Cash Flow
Enterprise Value to EBITDA 42473.43 52997.30 85992.70 30380.62 48338.94 89747.91 31610.17 83304.52 188615.86 32749.13 40636.32 103307.87 57364.72

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 12.43 -5.98 82.92 22.55
EBITDA YoY -11.06 42.86 66.22
Net Profit YoY 1585.82 -99.51 29.63
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
Revenue YoY 55.33 108.45 53.03 100.17 49.22 101.58 50.45 104.67 31.27 112.36
EBITDA YoY 75.57 101.17 61.43 104.34 9.13 69.31 111.36 59.24 93.93 24.24 112.60
Net Profit YoY 45.85 82.55 81.71 121.88

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.18 1.02 1.78 2.03 0.83
Quick Ratio 0.62 0.59 0.64 0.68 0.63
Current Ratio 0.83 0.75 0.76 0.78 0.70
Debt to Equity 3.98 3.51 3.06 3.40 -4.96
Long-Term Debt to Equity 2.24 1.86 1.69 1.99 -3.15
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 0.63 0.97 1.23 1.31 1.20 1.15 0.83 0.88 1.11 1.33 0.75 1.11 1.52 1.46 1.54
Quick Ratio 0.66 0.65 0.68 0.74 0.71 0.66 0.64 0.63 0.64 0.75 0.77 0.72 0.73 0.74 0.69
Current Ratio 0.89 0.86 0.91 0.95 0.90 0.83 0.83 0.81 0.78 0.86 0.87 0.82 0.84 0.81 0.76
Debt to Equity 4.47 4.53 4.04 3.98 4.12 3.72 4.06 3.88 3.10 3.46 3.44 3.30 2.68 -5.14 -5.10
Long-Term Debt to Equity 2.70 2.65 2.34 2.45 2.47 2.07 2.49 2.37 1.79 2.13 2.19 1.98 1.68 -3.26 -3.22

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 0.06 0.00 0.68 0.52 -15.15
ROE 0.29 0.02 2.77 2.28 59.98
Gross Margin 35.13 35.85 37.73 38.28 35.79
Operating Margin 4.58 7.19 5.56 6.22 -9.56
EBITDA Margin 12.56 15.88 10.45 11.50 -6.48
Net Profit Margin 0.08 0.01 1.01 1.43 -19.10
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 0.39 -0.19 -0.07 -0.03 -0.11 -0.03 -0.09 -0.11 0.01 0.85 0.57 0.31 0.51 0.70 0.32
ROE 2.11 -1.05 -0.37 -0.13 -0.57 -0.16 -0.47 -0.54 0.05 3.79 2.55 1.35 1.89 -2.90 -1.32
Gross Margin 36.40 35.87 36.77 34.69 34.13 33.66 35.84 34.94 33.50 36.67 36.42 35.92 34.82 37.03 39.23
Operating Margin 4.73 3.03 3.03 4.22 3.22 3.33 3.66 2.80 2.54 8.54 7.81 8.48 6.49 10.07 9.87
EBITDA Margin 13.20 11.68 12.10 12.55 11.90 11.65 9.42 8.30 7.91 13.37 12.63 13.33 11.87 12.54 12.53
Net Profit Margin 0.78 -0.60 -0.45 -0.05 -0.32 -0.19 -0.19 -0.34 0.07 1.70 1.76 1.97 2.36 1.70 1.63

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 3,908,221.00 3,767,047.00 3,993,332.00 4,055,580.00 1,511,314.00
   Current Assets 1,135,148.00 1,025,066.00 1,030,955.00 1,005,841.00 487,140.00
      Cash and Short-Term Investments 131,339.00 119,737.00 220,589.00 184,009.00 60,757.00
            Cash and Cash Equivalents 131,339.00 119,737.00 220,589.00 184,009.00 60,757.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 716,415.00 697,178.00 645,846.00 696,937.00 374,892.00
      Inventory 0 0 0 0 0
      Other Current Assets 287,394.00 208,151.00 164,520.00 124,895.00 51,491.00
   Non-Current Assets 2,773,073.00 2,741,981.00 2,962,377.00 3,049,739.00 1,024,174.00
      Property, Plant, Equipment Net 292,106.00 332,103.00 372,445.00 430,257.00 485,427.00
      Goodwill 1,554,146.00 1,498,815.00 1,566,956.00 3,309,721.00 1,356,755.00
      Intangible Assets 836,783.00 818,220.00 907,529.00 937,695.00 33,844.00
      Long-Term Investments 0 0 0 0 3,947.00
      Non-Current Deferred Assets 46,926.00 47,159.00 67,684.00 866.00 179.00
      Other Non-Current Assets 43,112.00 45,684.00 47,763.00 -1,628,800.00 -855,978.00
Liabilities 3,122,904.00 2,930,983.00 3,009,587.00 3,133,176.00 1,893,087.00
   Current Liabilities 1,367,296.00 1,374,329.00 1,349,802.00 1,294,182.00 691,260.00
      Payables and Expenses 449,347.00 414,980.00 357,253.00 271,769.00 168,398.00
            Account Payables 449,347.00 414,980.00 357,253.00 271,769.00 168,398.00
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 60,195.00 65,899.00 76,349.00 72,255.00 41,208.00
      Other Current Liabilities 857,754.00 893,450.00 916,200.00 950,158.00 481,654.00
   Non-Current Liabilities 1,755,608.00 1,556,654.00 1,659,785.00 1,838,994.00 1,201,827.00
      Long-Term Debt 1,599,021.00 1,427,135.00 1,478,756.00 1,534,331.00 1,090,427.00
      Other Non-Current Liabilities 156,587.00 129,519.00 181,029.00 304,663.00 111,400.00
Equity 785,317.00 836,064.00 983,745.00 922,404.00 -381,773.00
   Shareholders Equity 284,185.00 330,561.00 404,655.00 360,197.00 -449,899.00
      Capital Stock 343,764.00 348,614.00 492,033.00 383,013.00 257,113.00
      Share Premium 0 0 0 0 0
      Retained Earnings 11,740.00 21,148.00 29,445.00 -6,982.00 -709,751.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -23,773.00 -13,067.00 -38,941.00 -5,278.00 2,739.00
   Minority Interest 445,174.00 468,577.00 462,097.00 508,287.00 40,989.00
Investments 0 0 0 0 7,257.00
Debt 1,659,216.00 1,493,034.00 1,555,105.00 1,606,586.00 1,131,635.00
Net Debt 1,527,877.00 1,373,297.00 1,334,516.00 1,422,577.00 1,070,878.00
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 2,841,216.00 2,527,177.00 2,687,792.00 1,469,363.00 1,199,011.00
Cost Of Revenue 1,842,978.00 1,621,174.00 1,673,576.00 906,856.00 769,899.00
Gross Profit 998,238.00 906,003.00 1,014,216.00 562,507.00 429,112.00
Operating Expenses 865,170.00 815,476.00 854,988.00 517,781.00 474,869.00
   Selling, General and Administrative Expenses 711,803.00 661,250.00 601,536.00 424,038.00 341,565.00
   Other Operating Expenses 153,367.00 154,226.00 253,452.00 93,743.00 133,304.00
Operating Income 133,068.00 90,527.00 159,228.00 44,726.00 -45,757.00
Net Non-Operating Income -95,345.00 542.00 -85,727.00 14,832.00 -131,047.00
Interest Expense 92,317.00 90,644.00 76,062.00 31,894.00 62,163.00
EBT 37,723.00 91,069.00 73,501.00 59,558.00 -176,804.00
Income Tax 13,182.00 40,557.00 7,580.00 23,398.00 116,555.00
Equity Method Investments Income 503.00 -8,870.00 -79.00 -240.00 -2,240.00
Net Income Including Non-Controlling Interests -20,526.00 39,200.00 -11,304.00 -9,144.00 -250,745.00
Net Income Non-Controlling Interests 22,785.00 -39,066.00 38,573.00 30,180.00 21,774.00
Net Income 2,259.00 134.00 27,269.00 21,036.00 -228,971.00
EBIT 130,040.00 181,713.00 149,563.00 91,452.00 -114,641.00
Deprecation and Amortization 226,769.00 219,484.00 131,273.00 77,503.00 36,905.00
EBITDA 356,809.00 401,197.00 280,836.00 168,955.00 -77,736.00
EPS 0 0 0 0 -0.00
Diluted EPS 0 0 0 0 -0.00
Average Shares Outstanding Basic 110,890.00 117,259.00 124,262.00 90,426.21 72,862.18
Average Shares Outstanding Diluted 115,752.00 122,170.00 296,596.00 90,426.21 72,862.18
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 142,859.00 81,007.00 347,586.00 200,856.00 32,559.00
   Operating Net Income 25,044.00 41,642.00 57,707.00 27,435.00 -207,197.00
   Deprecation and Amortization 226,769.00 219,484.00 131,273.00 77,503.00 36,905.00
   Deferred Income Tax -10,686.00 19,443.00 -18,319.00 -3,818.00 108,556.00
   Share Based Compensation 97,061.00 108,379.00 102,967.00 75,032.00 14,179.00
   Change in Working Capital -108,821.00 -71,215.00 -66,021.00 146,248.00 -115,955.00
   Other Operating Activities -86,508.00 -236,726.00 139,979.00 -121,544.00 196,071.00
Investing Cash Flow -162,472.00 155,951.00 -116,275.00 163,952.00 -8,287.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 54,006.00 42,413.00 22,663.00 59,858.00 43,926.00
   Net Purchase/Sale of Investments Net 5,212.00 7,781.00 19,378.00 1,000.00 1,777.00
   Net Purchase/Sale of Business 103,254.00 23,339.00 74,234.00 -150,346.00 1,816.00
   Other Investing Activities -324,944.00 82,418.00 -232,550.00 253,440.00 -55,806.00
Financing Cash Flow 36,938.00 -339,864.00 -186,736.00 -273,414.00 -73,426.00
   Net Issuance/Repayment of Debt 3,715,000.00 -3,932,000.00 2,521,500.00 2,335,757.00 1,122,269.00
   Net Issuance/Repurchase of Equity 108,249.00 223,835.00 18,729.00 841.00 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -3,786,311.00 3,368,301.00 -2,726,965.00 -2,610,012.00 -1,195,695.00
Net Change in Cash 11,602.00 -100,852.00 36,580.00 91,552.00 -46,176.00
   Cash at Beginning of Period 119,737.00 220,589.00 184,009.00 92,457.00 106,933.00
   Cash at End of Period 131,339.00 119,737.00 220,589.00 184,009.00 60,757.00
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 4,261,895.00 4,317,175.00 3,982,354.00 3,908,221.00 3,796,817.00 3,792,680.00 3,815,119.00 3,767,047.00 3,870,209.00 3,853,034.00 3,900,933.00 3,993,332.00 3,969,348.00 4,025,018.00 4,051,833.00 4,055,580.00 3,943,621.00 1,587,178.00 1,560,713.00 1,511,314.00
   Current Assets 1,230,451.00 1,263,067.00 1,221,492.00 1,135,148.00 1,107,831.00 1,100,409.00 1,105,047.00 1,025,066.00 1,001,780.00 955,548.00 973,117.00 1,030,955.00 1,019,719.00 993,163.00 1,022,378.00 1,005,841.00 901,086.00 583,226.00 545,521.00 487,140.00
      Cash and Short-Term Investments 132,238.00 181,309.00 137,653.00 131,339.00 145,807.00 136,078.00 129,824.00 119,737.00 98,705.00 105,284.00 138,529.00 220,589.00 165,251.00 93,402.00 135,153.00 184,009.00 115,489.00 108,280.00 113,340.00 60,757.00
            Cash and Cash Equivalents 132,238.00 181,309.00 137,653.00 131,339.00 145,807.00 136,078.00 129,824.00 119,737.00 98,705.00 105,284.00 138,529.00 220,589.00 165,251.00 93,402.00 135,153.00 184,009.00 115,489.00 108,280.00 113,340.00 60,757.00
            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 777,947.00 769,291.00 772,974.00 716,415.00 716,394.00 732,236.00 744,287.00 697,178.00 670,090.00 646,310.00 659,068.00 645,846.00 725,346.00 782,927.00 767,147.00 696,937.00 669,612.00 426,841.00 377,670.00 374,892.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 320,266.00 312,467.00 310,865.00 287,394.00 245,630.00 232,095.00 230,936.00 208,151.00 232,985.00 203,954.00 175,520.00 164,520.00 129,122.00 116,834.00 120,078.00 124,895.00 115,985.00 48,105.00 54,511.00 51,491.00
   Non-Current Assets 3,031,444.00 3,054,108.00 2,760,862.00 2,773,073.00 2,688,986.00 2,692,271.00 2,710,072.00 2,741,981.00 2,868,429.00 2,897,486.00 2,927,816.00 2,962,377.00 2,949,629.00 3,031,855.00 3,029,455.00 3,049,739.00 3,042,535.00 1,003,952.00 1,015,192.00 1,024,174.00
      Property, Plant, Equipment Net 282,293.00 284,984.00 278,737.00 292,106.00 300,960.00 313,169.00 318,924.00 332,103.00 326,560.00 329,662.00 355,602.00 372,445.00 407,102.00 423,215.00 429,570.00 430,257.00 453,393.00 279,747.00 292,503.00 485,427.00
      Goodwill 3,194,612.00 1,600,714.00 1,562,490.00 1,554,146.00 1,521,005.00 1,504,650.00 1,495,313.00 1,498,815.00 1,572,489.00 1,578,832.00 1,569,532.00 1,566,956.00 1,615,694.00 1,668,892.00 1,651,475.00 3,309,721.00 1,619,272.00 671,542.00 669,060.00 1,356,755.00
      Intangible Assets 851,487.00 866,780.00 822,964.00 836,783.00 769,596.00 778,181.00 800,691.00 818,220.00 844,004.00 868,928.00 888,455.00 907,529.00 879,049.00 904,812.00 914,829.00 937,695.00 945,081.00 29,405.00 30,784.00 33,844.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,947.00
      Non-Current Deferred Assets 0 0 0 46,926.00 0 0 0 47,159.00 0 0 0 67,684.00 0 0 0 866.00 0 0 0 179.00
      Other Non-Current Assets -1,296,948.00 301,630.00 96,671.00 43,112.00 97,425.00 96,271.00 95,144.00 45,684.00 125,376.00 120,064.00 114,227.00 47,763.00 47,784.00 34,936.00 33,581.00 -1,628,800.00 24,789.00 23,258.00 22,845.00 -855,978.00
Liabilities 3,482,825.00 3,535,979.00 3,191,605.00 3,122,904.00 3,033,927.00 3,051,649.00 3,006,224.00 2,930,983.00 3,105,870.00 3,062,715.00 2,949,483.00 3,009,587.00 3,078,638.00 3,117,937.00 3,109,755.00 3,133,176.00 2,872,604.00 1,970,231.00 1,940,944.00 1,893,087.00
   Current Liabilities 1,376,240.00 1,464,471.00 1,340,845.00 1,367,296.00 1,164,611.00 1,221,588.00 1,333,909.00 1,374,329.00 1,204,197.00 1,186,328.00 1,250,185.00 1,349,802.00 1,182,769.00 1,135,388.00 1,248,399.00 1,294,182.00 1,070,577.00 720,466.00 715,890.00 691,260.00
      Payables and Expenses 408,149.00 484,069.00 420,779.00 449,347.00 338,649.00 388,819.00 437,021.00 414,980.00 306,956.00 338,613.00 308,759.00 357,253.00 294,402.00 254,650.00 248,619.00 271,769.00 277,385.00 158,136.00 209,679.00 168,398.00
            Account Payables 408,149.00 484,069.00 420,779.00 449,347.00 338,649.00 388,819.00 437,021.00 414,980.00 306,956.00 338,613.00 308,759.00 357,253.00 294,402.00 254,650.00 248,619.00 271,769.00 277,385.00 158,136.00 209,679.00 168,398.00
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 56,774.00 57,192.00 56,390.00 60,195.00 61,897.00 63,908.00 64,039.00 65,899.00 67,976.00 76,494.00 75,939.00 76,349.00 73,659.00 68,785.00 70,356.00 72,255.00 74,162.00 41,400.00 41,229.00 41,208.00
      Other Current Liabilities 911,317.00 923,210.00 863,676.00 857,754.00 764,065.00 768,861.00 832,849.00 893,450.00 829,265.00 771,221.00 865,487.00 916,200.00 814,708.00 811,953.00 929,424.00 950,158.00 719,030.00 520,930.00 464,982.00 481,654.00
   Non-Current Liabilities 2,106,585.00 2,071,508.00 1,850,760.00 1,755,608.00 1,869,316.00 1,830,061.00 1,672,315.00 1,556,654.00 1,901,673.00 1,876,387.00 1,699,298.00 1,659,785.00 1,895,869.00 1,982,549.00 1,861,356.00 1,838,994.00 1,802,027.00 1,249,765.00 1,225,054.00 1,201,827.00
      Long-Term Debt 1,753,831.00 1,695,394.00 1,689,646.00 1,599,021.00 1,714,313.00 1,684,986.00 1,540,907.00 1,427,135.00 1,769,414.00 1,751,318.00 1,514,259.00 1,478,756.00 1,637,296.00 1,709,237.00 1,561,209.00 1,534,331.00 1,593,795.00 1,166,883.00 1,106,225.00 1,090,427.00
      Other Non-Current Liabilities 352,754.00 376,114.00 161,114.00 156,587.00 155,003.00 145,075.00 131,408.00 129,519.00 132,259.00 125,069.00 185,039.00 181,029.00 258,573.00 273,312.00 300,147.00 304,663.00 208,232.00 82,882.00 118,829.00 111,400.00
Equity 779,070.00 781,196.00 790,749.00 785,317.00 762,890.00 741,031.00 808,895.00 836,064.00 764,339.00 790,319.00 951,450.00 983,745.00 890,710.00 907,081.00 942,078.00 922,404.00 1,071,017.00 -383,053.00 -380,231.00 -381,773.00
   Shareholders Equity 749,047.00 750,146.00 334,400.00 284,185.00 286,412.00 291,570.00 337,700.00 330,561.00 330,817.00 323,891.00 487,094.00 404,655.00 290,417.00 344,299.00 369,480.00 360,197.00 385,980.00 -448,067.00 -445,619.00 -449,899.00
      Capital Stock 741,956.00 766,159.00 343,198.00 343,764.00 288,053.00 292,730.00 334,013.00 348,614.00 325,044.00 309,639.00 470,023.00 492,033.00 348,800.00 368,482.00 373,437.00 383,013.00 379,596.00 250,529.00 258,939.00 257,113.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 29,542.00 4,923.00 10,504.00 11,740.00 11,416.00 16,771.00 19,618.00 21,148.00 24,586.00 27,496.00 30,324.00 29,445.00 6,573.00 10,268.00 6,668.00 -6,982.00 -6,153.00 -698,635.00 -704,741.00 -709,751.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -22,451.00 -20,936.00 -19,302.00 -23,773.00 -13,057.00 -17,931.00 -15,931.00 -13,067.00 -18,813.00 -13,244.00 -13,253.00 -38,941.00 -64,956.00 -34,451.00 -10,625.00 -5,278.00 12,537.00 39.00 183.00 2,739.00
   Minority Interest 21,434.00 21,802.00 445,493.00 445,174.00 457,860.00 438,354.00 459,890.00 468,577.00 423,437.00 438,299.00 431,839.00 462,097.00 534,476.00 513,085.00 528,365.00 508,287.00 655,250.00 40,375.00 40,036.00 40,989.00
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,257.00
Debt 1,810,605.00 1,752,586.00 1,746,036.00 1,659,216.00 1,776,210.00 1,748,894.00 1,604,946.00 1,493,034.00 1,837,390.00 1,827,812.00 1,590,198.00 1,555,105.00 1,710,955.00 1,778,022.00 1,631,565.00 1,606,586.00 1,667,957.00 1,208,283.00 1,147,454.00 1,131,635.00
Net Debt 1,678,367.00 1,571,277.00 1,608,383.00 1,527,877.00 1,630,403.00 1,612,816.00 1,475,122.00 1,373,297.00 1,738,685.00 1,722,528.00 1,451,669.00 1,334,516.00 1,545,704.00 1,684,620.00 1,496,412.00 1,422,577.00 1,552,468.00 1,100,003.00 1,034,114.00 1,070,878.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Preferred Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 123,849.00 145,000.00 145,000.00 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 2,110,293.00 1,358,558.00 651,740.00 -1,222,578.00 2,052,508.00 1,341,227.00 670,059.00 -1,222,258.00 1,872,282.00 1,254,709.00 622,444.00 -1,250,534.00 1,979,607.00 1,315,816.00 642,903.00 -348,848.00 857,436.00 653,190.00 307,585.00
Cost Of Revenue 1,342,240.00 871,303.00 412,087.00 -825,442.00 1,340,456.00 883,438.00 444,526.00 -810,362.00 1,201,309.00 816,329.00 413,898.00 -828,790.00 1,253,765.00 836,631.00 411,970.00 -250,253.00 558,856.00 411,332.00 186,921.00
Gross Profit 768,053.00 487,255.00 239,653.00 -397,136.00 712,052.00 457,789.00 225,533.00 -411,896.00 670,973.00 438,380.00 208,546.00 -421,744.00 725,842.00 479,185.00 230,933.00 -98,595.00 298,580.00 241,858.00 120,664.00
Operating Expenses 665,683.00 445,798.00 221,368.00 -367,049.00 622,512.00 410,028.00 199,679.00 -377,458.00 599,736.00 400,885.00 192,313.00 -250,275.00 552,797.00 376,193.00 176,273.00 -44,532.00 287,768.00 181,548.00 92,997.00
   Selling, General and Administrative Expenses 528,845.00 362,423.00 179,362.00 -290,932.00 507,916.00 331,476.00 163,343.00 -300,323.00 481,379.00 321,358.00 158,836.00 -282,032.00 429,121.00 309,935.00 144,512.00 -51,120.00 226,720.00 164,492.00 83,946.00
   Other Operating Expenses 136,838.00 83,375.00 42,006.00 -76,117.00 114,596.00 78,552.00 36,336.00 -77,135.00 118,357.00 79,527.00 33,477.00 31,757.00 123,676.00 66,258.00 31,761.00 6,588.00 61,048.00 17,056.00 9,051.00
Operating Income 102,370.00 41,457.00 18,285.00 -30,087.00 89,540.00 47,761.00 25,854.00 -34,438.00 71,237.00 37,495.00 16,233.00 -171,469.00 173,045.00 102,992.00 54,660.00 -54,063.00 10,812.00 60,310.00 27,667.00
Net Non-Operating Income -74,634.00 -47,040.00 -21,887.00 49,735.00 -71,405.00 -49,185.00 -24,490.00 133,904.00 -70,510.00 -44,213.00 -18,639.00 30,766.00 -60,533.00 -37,081.00 -18,879.00 34,688.00 29,654.00 -33,139.00 -16,371.00
Interest Expense 72,007.00 46,811.00 23,356.00 -41,725.00 68,479.00 44,598.00 20,965.00 -37,169.00 67,755.00 41,869.00 18,189.00 -36,099.00 56,552.00 36,880.00 18,729.00 -40,945.00 15,197.00 38,577.00 19,065.00
EBT 27,736.00 -5,583.00 -3,602.00 19,648.00 18,135.00 -1,424.00 1,364.00 99,466.00 727.00 -6,718.00 -2,406.00 -140,703.00 112,512.00 65,911.00 35,781.00 -19,375.00 40,466.00 27,171.00 11,296.00
Income Tax 13,950.00 4,395.00 1,722.00 -2,594.00 9,441.00 3,750.00 2,585.00 17,647.00 12,425.00 8,101.00 2,384.00 -24,369.00 20,150.00 8,610.00 3,189.00 10,202.00 9,205.00 2,689.00 1,302.00
Equity Method Investments Income 18.00 19.00 -1.00 -1,015.00 503.00 507.00 508.00 -7,753.00 -447.00 -443.00 -227.00 -3,002.00 1,053.00 840.00 1,030.00 972.00 -75.00 -644.00 -493.00
Net Income Including Non-Controlling Interests 19,078.00 -6,397.00 -509.00 -5,884.00 -11,149.00 -3,827.00 334.00 16,124.00 4,951.00 6,762.00 11,363.00 34,754.00 -25,921.00 -11,865.00 -8,272.00 -17,269.00 9,212.00 -1,606.00 519.00
Net Income Non-Controlling Interests -2,637.00 -1,781.00 -2,408.00 14,648.00 10,173.00 -420.00 -1,616.00 -8,586.00 -8,548.00 -11,012.00 -10,920.00 -77,045.00 59,668.00 35,003.00 20,947.00 1,980.00 10,987.00 12,722.00 4,491.00
Net Income 16,441.00 -8,178.00 -2,917.00 8,764.00 -976.00 -4,247.00 -1,282.00 7,538.00 -3,597.00 -4,250.00 443.00 -42,291.00 33,747.00 23,138.00 12,675.00 -15,289.00 20,199.00 11,116.00 5,010.00
EBIT 99,743.00 41,228.00 19,754.00 -22,077.00 86,614.00 43,174.00 22,329.00 62,297.00 68,482.00 35,151.00 15,783.00 -176,802.00 169,064.00 102,791.00 54,510.00 -60,320.00 55,663.00 65,748.00 30,361.00
Deprecation and Amortization 178,843.00 117,450.00 59,124.00 -116,283.00 170,933.00 116,371.00 55,748.00 9,247.00 107,795.00 68,965.00 33,477.00 -59,008.00 95,642.00 63,435.00 31,204.00 7,024.00 46,122.00 16,181.00 8,176.00
EBITDA 278,586.00 158,678.00 78,878.00 -138,360.00 257,547.00 159,545.00 78,077.00 71,544.00 176,277.00 104,116.00 49,260.00 -235,810.00 264,706.00 166,226.00 85,714.00 -53,296.00 101,785.00 81,929.00 38,537.00
EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Diluted EPS 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0
Average Shares Outstanding Basic 210,139.00 186,843.00 112,088.00 106,432.00 111,436.00 113,059.00 112,633.00 104,793.00 118,772.00 120,272.00 125,199.00 125,686.00 124,710.00 124,367.00 122,285.00 137,965.78 76,105.81 74,240.45 73,392.82
Average Shares Outstanding Diluted 266,773.00 265,600.00 263,737.00 122,108.00 111,436.00 113,059.00 116,405.00 -40,170.00 118,772.00 120,272.00 289,806.00 458,507.00 131,550.00 298,843.00 297,484.00 133,158.46 76,105.81 77,001.53 75,439.07
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 30,713.00 54,738.00 -60,013.00 332,828.00 -69,230.00 -67,618.00 -53,121.00 437,808.00 -127,542.00 -144,146.00 -85,113.00 430,353.00 73,081.00 -107,271.00 -48,577.00 123,241.00 20,146.00 10,409.00 47,060.00
   Operating Net Income 23,763.00 -9,959.00 -5,325.00 16,560.00 13,864.00 -4,667.00 -713.00 71,523.00 -12,145.00 -15,262.00 -2,474.00 57,707.00 0 0 0 -5,904.00 0 23,838.00 9,501.00
   Deprecation and Amortization 178,843.00 117,450.00 59,124.00 -116,283.00 170,933.00 116,371.00 55,748.00 9,247.00 107,795.00 68,965.00 33,477.00 -59,008.00 95,642.00 63,435.00 31,204.00 7,024.00 46,122.00 16,181.00 8,176.00
   Deferred Income Tax 3,216.00 -1,424.00 -747.00 -10,382.00 -3,446.00 3,797.00 -655.00 12,862.00 -1,112.00 3,884.00 3,809.00 -14,087.00 -1,557.00 -1,325.00 -1,350.00 -6,630.00 2,710.00 39.00 63.00
   Share Based Compensation 89,443.00 62,897.00 23,643.00 -45,372.00 71,726.00 40,091.00 30,616.00 -30,390.00 69,715.00 45,050.00 24,004.00 -66,597.00 98,658.00 62,885.00 8,021.00 20,518.00 53,465.00 4,975.00 -3,926.00
   Change in Working Capital 65,404.00 28,690.00 72,549.00 -125,006.00 -24,692.00 6,101.00 34,776.00 -62,580.00 17,107.00 -41,167.00 15,425.00 -172,426.00 7,520.00 40,506.00 58,379.00 -108,132.00 100,701.00 126,082.00 27,597.00
   Other Operating Activities -329,956.00 -142,916.00 -209,257.00 613,311.00 -297,615.00 -229,311.00 -172,893.00 437,146.00 -308,902.00 -205,616.00 -159,354.00 684,764.00 -127,182.00 -272,772.00 -144,831.00 216,365.00 -182,852.00 -160,706.00 5,649.00
Investing Cash Flow -80,759.00 -34,936.00 -20,359.00 -17,680.00 -66,485.00 -52,183.00 -26,124.00 241,732.00 -44,848.00 -30,118.00 -10,815.00 11,235.00 -64,284.00 -54,937.00 -8,289.00 26,837.00 153,721.00 -9,574.00 -7,032.00
   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 71,653.00 40,836.00 15,878.00 -27,341.00 36,048.00 31,066.00 14,233.00 -17,297.00 31,231.00 18,309.00 10,170.00 -23,837.00 25,495.00 14,467.00 6,538.00 -34,004.00 50,898.00 22,461.00 20,503.00
   Net Purchase/Sale of Investments Net 2,927.00 8,272.00 3,391.00 -2,429.00 6,656.00 767.00 218.00 -6,427.00 6,939.00 6,844.00 425.00 15,090.00 1,328.00 2,144.00 816.00 -962.00 0 1,273.00 689.00
   Net Purchase/Sale of Business 6,179.00 -14,172.00 1,090.00 50,766.00 23,781.00 17,034.00 11,673.00 11,476.00 6,678.00 4,965.00 220.00 -2,488.00 37,461.00 38,326.00 935.00 -20,191.00 -130,155.00 0 0
   Other Investing Activities -161,518.00 -69,872.00 -40,718.00 -38,676.00 -132,970.00 -101,050.00 -52,248.00 253,980.00 -89,696.00 -60,236.00 -21,630.00 22,470.00 -128,568.00 -109,874.00 -16,578.00 81,994.00 232,978.00 -33,308.00 -28,224.00
Financing Cash Flow 44,227.00 21,062.00 83,248.00 -351,583.00 159,131.00 138,304.00 91,086.00 -462,996.00 51,688.00 58,521.00 12,923.00 -246,159.00 -12,312.00 65,206.00 6,529.00 -181,879.00 -151,860.00 46,898.00 13,427.00
   Net Issuance/Repayment of Debt 2,998,326.00 1,963,000.00 975,000.00 -1,707,000.00 2,668,000.00 1,797,000.00 957,000.00 -9,551,000.00 2,813,000.00 1,903,000.00 903,000.00 -905,000.00 1,844,500.00 1,133,500.00 448,500.00 -682,412.00 2,043,841.00 672,428.00 301,900.00
   Net Issuance/Repurchase of Equity 105,183.00 67,504.00 11,068.00 -109,632.00 101,249.00 86,934.00 29,698.00 -187,749.00 203,958.00 199,363.00 8,263.00 -26,093.00 14,970.00 14,926.00 14,926.00 841.00 0 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -3,059,282.00 -2,009,442.00 -902,820.00 1,465,049.00 -2,610,118.00 -1,745,630.00 -895,612.00 9,275,753.00 -2,965,270.00 -2,043,842.00 -898,340.00 684,934.00 -1,871,782.00 -1,083,220.00 -456,897.00 499,692.00 -2,195,701.00 -625,530.00 -288,473.00
Net Change in Cash 899.00 49,970.00 6,314.00 -40,896.00 26,070.00 16,341.00 10,087.00 218,397.00 -121,884.00 -115,305.00 -82,060.00 194,801.00 -18,758.00 -90,607.00 -48,856.00 -31,586.00 23,032.00 47,523.00 52,583.00
   Cash at Beginning of Period 131,339.00 131,339.00 131,339.00 172,235.00 119,737.00 119,737.00 119,737.00 -98,660.00 220,589.00 220,589.00 220,589.00 25,788.00 184,009.00 184,009.00 184,009.00 215,595.00 92,457.00 60,757.00 60,757.00
   Cash at End of Period 132,238.00 181,309.00 137,653.00 131,339.00 145,807.00 136,078.00 129,824.00 119,737.00 98,705.00 105,284.00 138,529.00 220,589.00 165,251.00 93,402.00 135,153.00 184,009.00 115,489.00 108,280.00 113,340.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0