Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -6.68 -2.21 -3.55
Price to Sales 16.28 26.35 28.94
Book Value Per Common Share 4.24 3.48 4.69 5.90 7.82
Price to Book 2.60 1.51 1.97 4.07 7.92
Price to Operating Cash Flow -6.86 -2.85 -11.27 -13.23 -53.65
Price to Free Cash Flow -6.84 -2.80 -10.02 -13.00 -52.35
Enterprise Value to EBITDA
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
Price to Earnings -36.15 -28.38 3.41 -26.15 -29.37 -23.68 -7.16 -15.41 -15.72 -19.45 -20.97
Price to Sales 129.55 47.93 2.43 141.43 156.00 148.03 52.74 -189.48 68.79 174.22 160.51 274.09
Book Value Per Common Share 5.59 6.12 6.41 4.24 4.38 4.64 3.02 3.48 3.91 4.30 4.84 4.69 5.18 5.70 6.15 5.90 6.46 6.95 7.42 7.82
Price to Book 4.20 1.85 1.04 2.60 2.80 2.91 4.47 1.51 1.01 2.47 1.72 1.97 2.48 2.32 3.42 4.07 3.94 4.85 5.23 7.92
Price to Operating Cash Flow 13.58 -26.05 2.92 -14.99 -43.11 -25.41 -4.52 -21.55 -16.59 48.51 -26.02 25.30 -26.88 -78.08 -70.79
Price to Free Cash Flow 2.92 -25.40 -16.47 25.97 -70.07
Enterprise Value to EBITDA 31668.02

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 316.86 -29.22
EBITDA YoY
Net Profit YoY
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
Earning YoY
Revenue YoY -23.05 -91.29 599.81 1.30 14.59 50.52 57.60 -10.09 7.70
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 4.02 4.58 5.90 5.96 7.85
Quick Ratio
Current Ratio 5.81 6.99 7.77 13.37 25.73
Debt to Equity 0.19 0.43 0.39 0.10 0.04
Long-Term Debt to Equity 0.01 0.24 0.22 0.02 0.00
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 2020-12-31
Cash Per Common Share 4.24 4.25 6.18 4.02 4.25 5.06 3.86 4.39 4.85 5.24 5.96 5.82 6.38 7.02 7.51 5.96 6.42 6.85 7.29 7.85
Quick Ratio 6.17
Current Ratio 6.53 6.98 8.41 5.81 5.09 6.67 5.43 6.99 9.13 11.28 8.57 7.77 9.19 10.46 13.35 13.37 20.61 31.75 45.06 25.73
Debt to Equity 0.17 0.15 0.16 0.19 0.26 0.27 0.46 0.43 0.39 0.35 0.32 0.39 0.36 0.34 0.32 0.10 0.07 0.04 0.02 0.04
Long-Term Debt to Equity 0.03 0.03 0.03 0.01 0.05 0.08 0.21 0.24 0.24 0.24 0.17 0.22 0.22 0.22 0.22 0.02 0.02 0.00 0.00 0.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -32.77 -45.85 -39.47 -35.92 -17.54
ROE -38.85 -65.62 -54.68 -39.40 -18.26
Gross Margin
Operating Margin -243.05 -1192.47 -814.73
EBITDA Margin -237.10 -1164.35 -802.27
Net Profit Margin -243.12 -1192.47 -814.73
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
ROA -10.64 -6.11 27.74 -9.01 -8.35 -12.85 -10.23 -11.93 -8.00 -9.41 -8.18 -7.80 -8.90 -8.31 -6.02
ROE -12.45 -7.01 32.24 -11.39 -10.59 -18.79 -14.19 -16.12 -10.54 -12.79 -10.99 -10.27 -9.51 -8.61 -6.16
Gross Margin
Operating Margin -372.67 -169.94 71.99 -540.05 -531.88 -625.57 -741.90 -437.60 -898.83 -762.98 -821.63
EBITDA Margin -364.02 -166.71 72.29 -517.51 -520.53 -612.22 -704.59 -426.01 -876.97 -753.64 -813.40
Net Profit Margin -360.68 -169.96 71.19 -540.05 -531.88 -625.57 -741.90 -437.60 -898.83 -762.98 -821.63

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 2024-12-31 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 271,555.00 228,342.00 256,067.00 238,865.00 297,925.00
   Current Assets 232,756.00 215,339.00 244,070.00 229,218.00 293,930.00
      Cash and Short-Term Investments 216,974.00 201,394.00 229,595.00 219,810.00 287,308.00
            Cash and Cash Equivalents 128,058.00 191,442.00 113,556.00 144,895.00 287,308.00
            Short-Term Investments 88,916.00 9,952.00 116,039.00 74,915.00 0
      Net Receivables 0 0 0 0 0
      Inventory 0 0 0 0 0
      Other Current Assets 15,782.00 13,945.00 14,475.00 9,408.00 6,622.00
   Non-Current Assets 38,799.00 13,003.00 11,997.00 9,647.00 3,995.00
      Property, Plant, Equipment Net 8,254.00 12,434.00 11,428.00 9,078.00 3,790.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 29,824.00 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 721.00 569.00 569.00 569.00 205.00
Liabilities 42,534.00 68,777.00 71,218.00 21,088.00 11,847.00
   Current Liabilities 40,056.00 30,819.00 31,394.00 17,139.00 11,425.00
      Payables and Expenses 10,184.00 7,306.00 6,520.00 7,768.00 5,618.00
            Account Payables 2,498.00 1,695.00 766.00 2,385.00 1,495.00
            Current Accrued Liabilities 7,686.00 5,611.00 5,754.00 5,383.00 4,123.00
      Short-Term Debt 2,322.00 2,062.00 2,359.00 1,507.00 1,066.00
      Other Current Liabilities 27,550.00 21,451.00 22,515.00 7,864.00 4,741.00
   Non-Current Liabilities 2,478.00 37,958.00 39,824.00 3,949.00 422.00
      Long-Term Debt 2,452.00 4,773.00 2,717.00 3,532.00 80.00
      Other Non-Current Liabilities 26.00 33,185.00 37,107.00 417.00 342.00
Equity 229,021.00 159,565.00 184,849.00 217,777.00 286,078.00
   Shareholders Equity 229,021.00 159,565.00 184,849.00 217,777.00 286,078.00
      Capital Stock 5.00 5.00 4.00 4.00 4.00
      Share Premium 719,997.00 561,433.00 483,170.00 414,024.00 396,352.00
      Retained Earnings -490,830.00 -401,849.00 -297,150.00 -196,083.00 -110,278.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -151.00 -24.00 -1,175.00 -168.00 0
   Minority Interest 0 0 0 0 0
Investments 118,740.00 9,952.00 116,039.00 74,915.00 0
Debt 4,774.00 6,835.00 5,076.00 6,975.00 1,146.00
Common Shares Outstanding 54,032.83 45,918.23 39,439.57 36,902.50 36,577.15
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 36,600.00 8,780.00 12,405.00 0 0
Operating Expenses 1,066.00 123,553.00 116,761.00 86,065.00 53,044.00
   Selling, General and Administrative Expenses 48,794.00 41,322.00 38,924.00 31,897.00 20,847.00
   Research and Development Expenses 89,133.00 82,231.00 77,837.00 54,168.00 32,197.00
   Other Operating Expenses -136,861.00 0.00 0.00 0.00 0.00
Operating Income -101,372.00 -114,773.00 -104,356.00 -86,065.00 -53,044.00
Net Non-Operating Income 12,391.00 10,074.00 3,289.00 260.00 801.00
Interest Income 12,664.00 0 0 0 0
Interest Expense 26.00 0.00 0.00 0.00 0.00
Net Interest 12,638.00 9,908.00 3,122.00 120.00 744.00
EBT -88,981.00 -104,699.00 -101,067.00 -85,805.00 -52,243.00
Income Tax 0.00 0.00 0.00 0.00 0.00
Net Income -88,981.00 -104,699.00 -101,067.00 -85,805.00 -52,243.00
EBIT -88,955.00 -104,699.00 -101,067.00 -85,805.00 -52,243.00
Deprecation and Amortization 2,177.00 2,469.00 1,546.00 974.00 888.00
EBITDA -86,778.00 -102,230.00 -99,521.00 -84,831.00 -51,355.00
EPS -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 54,008.88 43,994.86 38,897.44 0 0
Average Shares Outstanding Diluted 54,008.88 43,994.86 38,897.44 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow -86,851.00 -81,067.00 -31,866.00 -66,907.00 -42,221.00
   Operating Net Income -88,981.00 -104,699.00 -101,067.00 -85,805.00 -52,243.00
   Deprecation and Amortization 2,177.00 2,469.00 1,546.00 974.00 888.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 27,470.00 25,257.00 22,854.00 16,450.00 5,768.00
   Change in Working Capital -31,228.00 -2,822.00 43,023.00 46.00 2,325.00
   Other Operating Activities 3,711.00 -1,272.00 1,778.00 1,428.00 1,041.00
Investing Cash Flow -107,475.00 105,946.00 -45,882.00 -76,426.00 -1,050.00
   Capital Expenditure -203.00 -1,616.00 -3,962.00 -1,200.00 -1,050.00
   Net Purchase/Sale of PPE -203.00 -1,616.00 -3,962.00 -1,200.00 -1,050.00
   Net Purchase/Sale of Investments Net -107,272.00 107,562.00 -41,920.00 -75,226.00 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 203.00 1,616.00 3,962.00 1,200.00 1,050.00
Financing Cash Flow 131,094.00 53,007.00 46,409.00 1,284.00 108,108.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 2,254.00 926.00 1,064.00 1,286.00 108,593.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 128,840.00 52,081.00 45,345.00 -2.00 -485.00
Net Change in Cash -63,232.00 77,886.00 -31,339.00 -142,049.00 64,837.00
   Cash at Beginning of Period 192,011.00 114,125.00 145,464.00 287,513.00 222,676.00
   Cash at End of Period 128,779.00 192,011.00 114,125.00 145,464.00 287,513.00
Free Cash Flow -87,054.00 -82,683.00 -35,828.00 -68,107.00 -43,271.00
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 2020-12-31
Assets 360,264.00 384,508.00 406,888.00 271,555.00 293,319.00 307,757.00 205,182.00 228,342.00 239,889.00 256,919.00 281,796.00 256,067.00 277,626.00 301,427.00 315,938.00 238,865.00 253,771.00 264,450.00 278,908.00 297,925.00
   Current Assets 272,437.00 269,970.00 375,736.00 232,756.00 253,612.00 296,994.00 193,275.00 215,339.00 230,019.00 246,232.00 270,236.00 244,070.00 264,601.00 289,159.00 305,771.00 229,218.00 244,933.00 260,233.00 275,295.00 293,930.00
      Cash and Short-Term Investments 248,310.00 247,783.00 357,399.00 216,974.00 239,275.00 282,057.00 178,581.00 201,394.00 214,718.00 231,447.00 253,673.00 229,595.00 251,655.00 275,630.00 293,216.00 219,810.00 236,303.00 251,373.00 267,661.00 287,308.00
            Cash and Cash Equivalents 83,394.00 101,547.00 274,892.00 128,058.00 150,091.00 193,551.00 178,581.00 191,442.00 189,977.00 192,060.00 190,339.00 113,556.00 113,396.00 67,754.00 84,111.00 144,895.00 149,185.00 169,217.00 267,661.00 287,308.00
            Short-Term Investments 164,916.00 146,236.00 82,507.00 88,916.00 89,184.00 88,506.00 0 9,952.00 24,741.00 39,387.00 63,334.00 116,039.00 138,259.00 207,876.00 209,105.00 74,915.00 87,118.00 82,156.00 0 0
      Net Receivables 9,248.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 14,879.00 22,187.00 18,337.00 15,782.00 14,337.00 14,937.00 14,694.00 13,945.00 15,301.00 14,785.00 16,563.00 14,475.00 12,946.00 13,529.00 12,555.00 9,408.00 8,630.00 8,860.00 7,634.00 6,622.00
   Non-Current Assets 87,827.00 114,538.00 31,152.00 38,799.00 39,707.00 10,763.00 11,907.00 13,003.00 9,870.00 10,687.00 11,560.00 11,997.00 13,025.00 12,268.00 10,167.00 9,647.00 8,838.00 4,217.00 3,613.00 3,995.00
      Property, Plant, Equipment Net 6,791.00 6,561.00 7,442.00 8,254.00 9,261.00 10,269.00 11,338.00 12,434.00 9,301.00 10,118.00 10,991.00 11,428.00 12,456.00 11,699.00 9,598.00 9,078.00 8,269.00 4,142.00 3,555.00 3,790.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 80,315.00 107,256.00 22,989.00 29,824.00 29,952.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 721.00 721.00 721.00 721.00 494.00 494.00 569.00 569.00 569.00 569.00 569.00 569.00 569.00 569.00 569.00 569.00 569.00 75.00 58.00 205.00
Liabilities 52,159.00 49,565.00 56,814.00 42,534.00 61,206.00 65,048.00 64,840.00 68,777.00 66,890.00 66,724.00 67,974.00 71,218.00 73,483.00 77,106.00 75,961.00 21,088.00 16,258.00 9,381.00 6,443.00 11,847.00
   Current Liabilities 41,727.00 38,678.00 44,685.00 40,056.00 49,865.00 44,496.00 35,590.00 30,819.00 25,201.00 21,837.00 31,527.00 31,394.00 28,795.00 27,649.00 22,905.00 17,139.00 11,884.00 8,197.00 6,110.00 11,425.00
      Payables and Expenses 13,093.00 9,428.00 5,124.00 10,184.00 8,386.00 7,485.00 3,834.00 7,306.00 7,825.00 4,726.00 5,828.00 6,520.00 6,200.00 6,570.00 4,778.00 7,768.00 4,151.00 3,311.00 2,575.00 5,618.00
            Account Payables 5,871.00 4,313.00 2,186.00 2,498.00 2,485.00 3,945.00 2,102.00 1,695.00 3,076.00 1,556.00 4,299.00 766.00 1,911.00 3,602.00 3,328.00 2,385.00 655.00 963.00 1,496.00 1,495.00
            Current Accrued Liabilities 7,222.00 5,115.00 2,938.00 7,686.00 5,901.00 3,540.00 1,732.00 5,611.00 4,749.00 3,170.00 1,529.00 5,754.00 4,289.00 2,968.00 1,450.00 5,383.00 3,496.00 2,348.00 1,079.00 4,123.00
      Short-Term Debt 2,908.00 2,296.00 2,351.00 2,322.00 2,298.00 2,277.00 2,213.00 2,062.00 2,498.00 2,450.00 2,404.00 2,359.00 2,313.00 2,080.00 1,535.00 1,507.00 1,425.00 592.00 848.00 1,066.00
      Other Current Liabilities 25,726.00 26,954.00 37,210.00 27,550.00 39,181.00 34,734.00 29,543.00 21,451.00 14,878.00 14,661.00 23,295.00 22,515.00 20,282.00 18,999.00 16,592.00 7,864.00 6,308.00 4,294.00 2,687.00 4,741.00
   Non-Current Liabilities 10,432.00 10,887.00 12,129.00 2,478.00 11,341.00 20,552.00 29,250.00 37,958.00 41,689.00 44,887.00 36,447.00 39,824.00 44,688.00 49,457.00 53,056.00 3,949.00 4,374.00 1,184.00 333.00 422.00
      Long-Term Debt 1,874.00 1,255.00 1,861.00 2,452.00 3,008.00 3,551.00 4,125.00 4,773.00 819.00 1,462.00 2,094.00 2,717.00 3,318.00 3,911.00 3,135.00 3,532.00 3,915.00 683.00 20.00 80.00
      Other Non-Current Liabilities 8,558.00 9,632.00 10,268.00 26.00 8,333.00 17,001.00 25,125.00 33,185.00 40,870.00 43,425.00 34,353.00 37,107.00 41,370.00 45,546.00 49,921.00 417.00 459.00 501.00 313.00 342.00
Equity 308,105.00 334,943.00 350,074.00 229,021.00 232,113.00 242,709.00 140,342.00 159,565.00 172,999.00 190,195.00 213,822.00 184,849.00 204,143.00 224,321.00 239,977.00 217,777.00 237,513.00 255,069.00 272,465.00 286,078.00
   Shareholders Equity 308,105.00 334,943.00 350,074.00 229,021.00 232,113.00 242,709.00 140,342.00 159,565.00 172,999.00 190,195.00 213,822.00 184,849.00 204,143.00 224,321.00 239,977.00 217,777.00 237,513.00 255,069.00 272,465.00 286,078.00
      Capital Stock 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
      Share Premium 747,435.00 736,276.00 728,124.00 719,997.00 712,290.00 696,637.00 568,560.00 561,433.00 548,033.00 540,919.00 534,111.00 483,170.00 477,337.00 470,977.00 461,389.00 414,024.00 409,166.00 404,145.00 399,532.00 396,352.00
      Retained Earnings -439,781.00 -401,434.00 -377,951.00 -490,830.00 -480,348.00 -453,918.00 -428,223.00 -401,849.00 -374,891.00 -350,349.00 -319,695.00 -297,150.00 -271,495.00 -245,384.00 -220,732.00 -196,083.00 -171,635.00 -149,038.00 -127,071.00 -110,278.00
      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 446.00 96.00 -104.00 -151.00 166.00 -15.00 0 -24.00 -147.00 -379.00 -598.00 -1,175.00 -1,703.00 -1,276.00 -684.00 -168.00 -22.00 -42.00 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 245,231.00 253,492.00 105,496.00 118,740.00 119,136.00 88,506.00 0 9,952.00 24,741.00 39,387.00 63,334.00 116,039.00 138,259.00 207,876.00 209,105.00 74,915.00 87,118.00 82,156.00 0 0
Debt 4,782.00 5,284.00 5,950.00 4,774.00 5,306.00 5,828.00 6,338.00 6,835.00 3,317.00 3,912.00 4,498.00 5,076.00 5,631.00 5,991.00 6,583.00 6,975.00 5,340.00 1,275.00 868.00 1,146.00
Common Shares Outstanding 55,120.00 54,723.46 54,595.71 54,032.83 52,941.19 52,305.64 46,498.08 45,918.23 44,293.11 44,203.00 44,175.09 39,439.57 39,426.44 39,382.47 39,044.67 36,902.50 36,780.39 36,722.67 36,697.81 36,577.15
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 10,632.00 13,817.00 158,569.00 22,659.00 4,894.00 4,831.00 4,216.00 2,801.00 3,308.00 -2,481.00 5,152.00 3,269.00 2,905.00 3,231.00 3,000.00 0 0 0 0
Operating Expenses 2,221.00 818.00 17,674.00 -100,592.00 34,897.00 34,173.00 32,588.00 32,388.00 30,542.00 30,781.00 29,842.00 30,444.00 30,053.00 28,469.00 27,795.00 24,526.00 22,683.00 22,029.00 16,827.00
   Selling, General and Administrative Expenses 16,027.00 15,262.00 14,653.00 12,845.00 12,692.00 13,037.00 10,220.00 10,610.00 10,271.00 10,230.00 10,211.00 9,383.00 9,944.00 10,111.00 9,486.00 8,724.00 8,325.00 7,934.00 6,914.00
   Research and Development Expenses 37,696.00 25,855.00 32,676.00 23,424.00 22,205.00 21,136.00 22,368.00 21,778.00 20,271.00 20,551.00 19,631.00 21,061.00 20,109.00 18,358.00 18,309.00 15,802.00 14,358.00 14,095.00 9,913.00
   Other Operating Expenses -51,502.00 -40,299.00 -29,655.00 -136,861.00 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
Operating Income -43,091.00 -27,300.00 111,240.00 -13,655.00 -30,003.00 -29,342.00 -28,372.00 -29,587.00 -27,234.00 -33,262.00 -24,690.00 -27,175.00 -27,148.00 -25,238.00 -24,795.00 -24,526.00 -22,683.00 -22,029.00 -16,827.00
Net Non-Operating Income 3,466.00 3,817.00 2,917.00 3,173.00 3,573.00 3,647.00 1,998.00 2,629.00 2,692.00 2,608.00 2,145.00 1,520.00 1,037.00 586.00 146.00 78.00 86.00 62.00 34.00
Interest Income 3,466.00 3,792.00 2,890.00 12,664.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Expense 3.00 3.00 1.00 26.00 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 Interest 3,463.00 3,789.00 2,889.00 2,972.00 3,545.00 3,695.00 2,426.00 2,587.00 2,651.00 2,567.00 2,103.00 1,479.00 995.00 544.00 104.00 24.00 44.00 34.00 18.00
EBT -39,625.00 -23,483.00 114,157.00 -10,482.00 -26,430.00 -25,695.00 -26,374.00 -26,958.00 -24,542.00 -30,654.00 -22,545.00 -25,655.00 -26,111.00 -24,652.00 -24,649.00 -24,448.00 -22,597.00 -21,967.00 -16,793.00
Income Tax 1,278.00 0.00 2,478.00 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 Income -38,347.00 -23,483.00 112,879.00 -10,482.00 -26,430.00 -25,695.00 -26,374.00 -26,958.00 -24,542.00 -30,654.00 -22,545.00 -25,655.00 -26,111.00 -24,652.00 -24,649.00 -24,448.00 -22,597.00 -21,967.00 -16,793.00
EBIT -39,622.00 -23,480.00 114,158.00 -10,456.00 -26,430.00 -25,695.00 -26,374.00 -26,958.00 -24,542.00 -30,654.00 -22,545.00 -25,655.00 -26,111.00 -24,652.00 -24,649.00 -24,448.00 -22,597.00 -21,967.00 -16,793.00
Deprecation and Amortization 919.00 446.00 477.00 -37.00 1,103.00 548.00 563.00 27.00 1,234.00 611.00 597.00 362.00 635.00 302.00 247.00 -1.00 490.00 249.00 236.00
EBITDA -38,703.00 -23,034.00 114,635.00 -10,493.00 -25,327.00 -25,147.00 -25,811.00 -26,931.00 -23,308.00 -30,043.00 -21,948.00 -25,293.00 -25,476.00 -24,350.00 -24,402.00 -24,449.00 -22,107.00 -21,718.00 -16,557.00
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 0.00 0 0 0
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 0.00 0 0 0
Average Shares Outstanding Basic 58,611.68 58,353.86 57,862.67 57,681.62 56,341.07 55,765.95 46,246.89 44,988.49 44,266.02 44,188.46 42,536.47 76,911.10 39,420.31 39,258.36 0 0.00 0 0 0
Average Shares Outstanding Diluted 58,611.68 58,353.86 59,398.60 57,681.62 56,341.07 55,765.95 46,246.89 44,988.49 44,266.02 44,188.46 42,536.47 77,073.05 39,258.36 39,258.36 0 0.00 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
Operating Cash Flow 101,461.00 -25,422.00 131,827.00 1,373.00 -46,181.00 -17,477.00 -24,566.00 707.00 -38,618.00 -21,800.00 -21,356.00 -54,864.00 10,435.00 -19,928.00 32,491.00 3,878.00 -34,818.00 -15,831.00 -20,136.00
   Operating Net Income 74,531.00 -23,482.00 112,879.00 15,892.00 -52,804.00 -25,695.00 -26,374.00 -4,413.00 -47,087.00 -30,654.00 -22,545.00 -1,006.00 -50,760.00 -24,652.00 -24,649.00 -7,655.00 -39,390.00 -21,967.00 -16,793.00
   Deprecation and Amortization 919.00 446.00 477.00 -37.00 1,103.00 548.00 563.00 27.00 1,234.00 611.00 597.00 362.00 635.00 302.00 247.00 -1.00 490.00 249.00 236.00
   Deferred Income Tax 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Share Based Compensation 14,792.00 7,598.00 6,753.00 1,729.00 12,904.00 7,427.00 5,410.00 171.00 12,439.00 6,760.00 5,887.00 815.00 10,901.00 6,163.00 4,975.00 1,988.00 7,312.00 4,452.00 2,698.00
   Change in Working Capital 872.00 -13,888.00 6,872.00 -19,583.00 -5,266.00 -3,607.00 -2,772.00 8,210.00 -6,228.00 1,073.00 -5,877.00 -54,815.00 48,613.00 -2,081.00 51,306.00 9,403.00 -3,901.00 1,121.00 -6,577.00
   Other Operating Activities 10,347.00 3,904.00 4,846.00 3,372.00 -2,118.00 3,850.00 -1,393.00 -3,288.00 1,024.00 410.00 582.00 -220.00 1,046.00 340.00 612.00 143.00 671.00 314.00 300.00
Investing Cash Flow 22,726.00 -148,477.00 13,632.00 -9,169.00 -20,016.00 -88,278.00 9,988.00 -38,314.00 67,702.00 23,473.00 53,085.00 158,272.00 -68,518.00 146.00 -135,782.00 12,001.00 -5,468.00 -82,755.00 -204.00
   Capital Expenditure 0.00 0.00 -152.00 -191.00 0.00 0.00 -12.00 -1,451.00 0.00 0.00 -165.00 -3,121.00 0.00 0.00 -841.00 -996.00 0.00 0.00 -204.00
   Net Purchase/Sale of PPE -284.00 -154.00 -152.00 -30.00 -115.00 -46.00 -12.00 -64.00 -548.00 -839.00 -165.00 432.00 -2,871.00 -682.00 -841.00 1.00 -477.00 -520.00 -204.00
   Net Purchase/Sale of Investments Net 23,010.00 -148,323.00 13,784.00 -9,139.00 -19,901.00 -88,232.00 10,000.00 -38,250.00 68,250.00 24,312.00 53,250.00 157,840.00 -65,647.00 828.00 -134,941.00 12,000.00 -4,991.00 -82,235.00 0
   Net Purchase/Sale of Business 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Loan & Lease Activity 0 0 0 0 0
   Other Investing Activities 0.00 0.00 152.00 191.00 0.00 0.00 12.00 1,451.00 0.00 0.00 165.00 3,121.00 0.00 0.00 841.00 996.00 0.00 0.00 204.00
Financing Cash Flow 4,494.00 554.00 1,374.00 -1,149.00 9,876.00 120,650.00 1,717.00 -37,711.00 45,616.00 48.00 45,054.00 -42,464.00 42,941.00 3,425.00 42,507.00 -375.00 954.00 159.00 546.00
   Net Issuance/Repayment of Debt 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Net Issuance/Repurchase of Equity 4,494.00 554.00 1,374.00 149.00 921.00 766.00 418.00 -306.00 873.00 48.00 311.00 -220.00 696.00 326.00 262.00 -374.00 953.00 161.00 546.00
   Dividends Paid 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0 0 0.00 0.00 0
   Other Financing Activities 0.00 0.00 0.00 -1,298.00 8,955.00 119,884.00 1,299.00 -37,405.00 44,743.00 0.00 44,743.00 -42,244.00 42,245.00 3,099.00 42,245.00 -1.00 1.00 -2.00 0.00
Net Change in Cash 128,681.00 -173,345.00 146,833.00 -8,945.00 -56,321.00 14,895.00 -12,861.00 -75,318.00 74,700.00 1,721.00 76,783.00 60,944.00 -15,142.00 -16,357.00 -60,784.00 15,504.00 -39,332.00 -98,427.00 -19,794.00
   Cash at Beginning of Period -44,566.00 275,613.00 128,780.00 137,724.00 206,906.00 179,150.00 192,011.00 267,329.00 115,846.00 190,908.00 114,125.00 53,181.00 129,107.00 84,680.00 145,464.00 129,960.00 189,086.00 267,719.00 287,513.00
   Cash at End of Period 84,115.00 102,268.00 275,613.00 128,779.00 150,585.00 194,045.00 179,150.00 192,011.00 190,546.00 192,629.00 190,908.00 114,125.00 113,965.00 68,323.00 84,680.00 145,464.00 149,754.00 169,292.00 267,719.00
Free Cash Flow 0.00 0.00 131,675.00 -62,476.00 0.00 0.00 -24,578.00 -61,162.00 0.00 0.00 -21,521.00 -67,478.00 0.00 0.00 31,650.00 -47,767.00 0.00 0.00 -20,340.00