Valuation Ratios

Breakdown 2024-12-31
Price to Earnings -5.28
Price to Sales 3.48
Book Value Per Common Share 3.51
Price to Book 2.30
Price to Operating Cash Flow -10.49
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 2024-03-31
Price to Earnings -4.66 -4.77 -6.81 -8.08 -10.90
Price to Sales 3.55 5.24 9.29 8.42 13.06
Book Value Per Common Share 2.59 2.69 2.90 3.51 3.75 3.87 0.53
Price to Book 2.09 1.76 1.57 2.30 3.81 4.64
Price to Operating Cash Flow -6.51 -8.24 -115.15 -33.03 -45.81
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
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
Earning YoY
Revenue YoY 71.43 85.50 35.57 94.15
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 3.49
Quick Ratio 2.86
Current Ratio 3.11
Debt to Equity 0.42
Long-Term Debt to Equity 0.08
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Cash Per Common Share 1.34 2.15 2.96 3.14 4.42 4.36 0.44
Quick Ratio 1.12 1.87 1.94 2.86 2.81 2.61 0.55
Current Ratio 1.27 2.13 2.14 3.11 2.93 2.70 0.92
Debt to Equity 0.65 0.60 0.65 0.42 0.48 0.47 3.47
Long-Term Debt to Equity 0.12 0.12 0.09 0.08 0.07 0.07 0.99

Profitability

Breakdown 2024-12-31
ROA -27.68
ROE -39.37
Gross Margin 79.82
Operating Margin -63.71
EBITDA Margin -58.73
Net Profit Margin -66.03
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
ROA 6.09 -22.47 -13.95 -29.74 -24.77 2.91
ROE 10.06 -36.04 -23.06 -44.16 -36.34 13.01
Gross Margin 76.23 75.06 78.60 77.00 77.85 87.58
Operating Margin -84.66 -108.11 -133.19 -99.29 -114.87 15.03
EBITDA Margin -78.63 -101.96 -128.23 -94.96 -112.70 15.78
Net Profit Margin 17.76 -109.72 -136.77 -104.16 -119.97 8.67

Dividends

Breakdown 2024-12-31
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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31
Assets 142,345.00
   Current Assets 107,280.00
   Deposits 321.00
      Cash and Short-Term Investments 89,577.00
            Cash and Cash Equivalents 26,506.00
            Short-Term Investments 63,071.00
      Net Receivables 9,211.00
      Inventory 0
      Other Current Assets 8,492.00
   Non-Current Assets 35,065.00
      Property, Plant, Equipment Net 3,676.00
      Goodwill 9,026.00
      Intangible Assets 4,369.00
      Long-Term Investments 4,785.00
      Non-Current Deferred Assets 0
      Other Non-Current Assets 13,209.00
Liabilities 42,262.00
   Current Liabilities 34,488.00
      Payables and Expenses 24,785.00
            Account Payables 3,316.00
            Current Accrued Liabilities 21,469.00
      Short-Term Debt 744.00
      Other Current Liabilities 8,959.00
   Non-Current Liabilities 7,774.00
      Long-Term Debt 946.00
      Other Non-Current Liabilities 6,828.00
Equity 100,083.00
   Shareholders Equity 100,083.00
      Capital Stock 3.00
      Share Premium 130,360.00
      Retained Earnings -28,012.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income -2,268.00
   Minority Interest 0
Investments 67,856.00
Debt 1,690.00
Common Shares Outstanding 28,526.62
Breakdown 2024-12-31
Revenues 59,680.00
Cost Of Revenue 12,042.00
Gross Profit 47,638.00
Operating Expenses 87,917.00
   Selling, General and Administrative Expenses 55,871.00
   Research and Development Expenses 20,740.00
   Other Operating Expenses 11,306.00
Operating Income -40,279.00
Net Non-Operating Income 1,359.00
Interest Income 3,875.00
Interest Expense 899.00
Net Interest 2,976.00
EBT -38,920.00
Income Tax 484.00
Net Income -39,404.00
EBIT -38,021.00
Deprecation and Amortization 2,970.00
EBITDA -35,051.00
EPS -0.00
Diluted EPS -0.00
Average Shares Outstanding Basic 25,672.85
Average Shares Outstanding Diluted 25,672.85
Breakdown 2024-12-31
Operating Cash Flow -19,774.00
   Operating Net Income -118,212.00
   Deprecation and Amortization 2,970.00
   Deferred Income Tax 0
   Share Based Compensation 26,915.00
   Change in Working Capital 14,761.00
   Other Operating Activities 53,792.00
Investing Cash Flow -66,535.00
   Capital Expenditure 0.00
   Net Purchase/Sale of PPE 505.00
   Net Purchase/Sale of Investments Net 133,230.00
   Net Purchase/Sale of Business 0
   Other Investing Activities -200,270.00
Financing Cash Flow 101,301.00
   Net Issuance/Repayment of Debt 20,240.00
   Net Issuance/Repurchase of Equity 106,020.00
   Dividends Paid 0
   Other Financing Activities -24,959.00
Net Change in Cash 15,185.00
   Cash at Beginning of Period 4,421.00
   Cash at End of Period 19,606.00
Free Cash Flow 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Assets 130,591.00 127,629.00 138,135.00 142,345.00 146,455.00 149,411.00 47,362.00
   Current Assets 53,001.00 82,127.00 99,922.00 107,280.00 118,589.00 108,210.00 24,232.00
   Deposits 0 0 0 321.00 0 0 0
      Cash and Short-Term Investments 39,473.00 62,385.00 84,837.00 89,577.00 108,788.00 97,685.00 8,739.00
            Cash and Cash Equivalents 35,945.00 36,532.00 39,789.00 26,506.00 35,006.00 43,074.00 8,739.00
            Short-Term Investments 3,528.00 25,853.00 45,048.00 63,071.00 73,782.00 54,611.00 0
      Net Receivables 7,485.00 9,888.00 5,783.00 9,211.00 5,037.00 6,781.00 5,762.00
      Inventory 0 0 0 0 0 0 0
      Other Current Assets 6,043.00 9,854.00 9,302.00 8,492.00 4,764.00 3,744.00 9,731.00
   Non-Current Assets 77,590.00 45,502.00 38,213.00 35,065.00 27,866.00 41,201.00 23,130.00
      Property, Plant, Equipment Net 6,138.00 4,861.00 3,424.00 3,676.00 4,088.00 4,186.00 3,913.00
      Goodwill 30,563.00 18,692.00 14,337.00 9,026.00 9,026.00 9,026.00 9,026.00
      Intangible Assets 27,135.00 12,514.00 9,997.00 4,369.00 4,660.00 4,956.00 273.00
      Long-Term Investments 0 0 0 4,785.00 0 13,392.00 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0
      Other Non-Current Assets 13,754.00 9,435.00 10,455.00 13,209.00 10,092.00 9,641.00 9,918.00
Liabilities 51,493.00 48,041.00 54,542.00 42,262.00 47,805.00 47,565.00 36,767.00
   Current Liabilities 41,762.00 38,610.00 46,744.00 34,488.00 40,443.00 40,039.00 26,230.00
      Payables and Expenses 28,233.00 27,329.00 36,291.00 24,785.00 29,951.00 28,608.00 15,462.00
            Account Payables 3,638.00 1,853.00 2,137.00 3,316.00 4,197.00 2,572.00 3,332.00
            Current Accrued Liabilities 24,595.00 25,476.00 34,154.00 21,469.00 25,754.00 26,036.00 12,130.00
      Short-Term Debt 1,038.00 864.00 644.00 744.00 855.00 863.00 4,833.00
      Other Current Liabilities 12,491.00 10,417.00 9,809.00 8,959.00 9,637.00 10,568.00 5,935.00
   Non-Current Liabilities 9,731.00 9,431.00 7,798.00 7,774.00 7,362.00 7,526.00 10,537.00
      Long-Term Debt 1,681.00 1,279.00 866.00 946.00 1,172.00 1,266.00 5,603.00
      Other Non-Current Liabilities 8,050.00 8,152.00 6,932.00 6,828.00 6,190.00 6,260.00 4,934.00
Equity 79,098.00 79,588.00 83,593.00 100,083.00 98,650.00 101,846.00 10,595.00
   Shareholders Equity 79,098.00 79,588.00 83,593.00 100,083.00 98,650.00 101,846.00 10,595.00
      Capital Stock 3.00 3.00 3.00 3.00 3.00 3.00 2.00
      Share Premium 142,766.00 137,572.00 132,937.00 130,360.00 132,244.00 129,837.00 0
      Retained Earnings -61,993.00 -56,694.00 -47,285.00 -28,012.00 -32,169.00 -25,618.00 12,770.00
      Treasury Shares 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income -1,678.00 -1,293.00 -2,062.00 -2,268.00 -1,428.00 -2,376.00 -2,177.00
   Minority Interest 0 0 0 0 0 0 0
Investments 3,528.00 25,853.00 45,048.00 67,856.00 73,782.00 68,003.00 0
Debt 2,719.00 2,143.00 1,510.00 1,690.00 2,027.00 2,129.00 10,436.00
Net Debt 0 0 0 0 0 0 1,697.00
Common Shares Outstanding 30,531.19 29,603.49 28,805.28 28,526.62 26,294.22 26,294.22 20,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Revenues 44,812.00 26,140.00 14,092.00 -28,879.00 41,821.00 30,849.00 15,889.00
Cost Of Revenue 10,653.00 6,520.00 3,016.00 -6,385.00 9,620.00 6,834.00 1,973.00
Gross Profit 34,159.00 19,620.00 11,076.00 -22,494.00 32,201.00 24,015.00 13,916.00
Operating Expenses 73,276.00 49,395.00 30,708.00 -57,931.00 74,904.00 59,416.00 11,528.00
   Selling, General and Administrative Expenses 40,761.00 25,619.00 12,839.00 -29,797.00 44,359.00 33,397.00 7,912.00
   Research and Development Expenses 19,446.00 10,707.00 4,800.00 -9,656.00 15,457.00 11,323.00 3,616.00
   Other Operating Expenses 13,069.00 13,069.00 13,069.00 -18,478.00 15,088.00 14,696.00 0.00
Operating Income -39,117.00 -29,775.00 -19,632.00 35,437.00 -42,703.00 -35,401.00 2,388.00
Net Non-Operating Income 1,178.00 780.00 572.00 1,805.00 349.00 -590.00 -205.00
Interest Income 0 2,248.00 1,154.00 -92.00 2,731.00 1,236.00 0
Interest Expense 0.00 734.00 291.00 -692.00 832.00 554.00 205.00
Net Interest 1,830.00 1,514.00 863.00 600.00 1,899.00 682.00 -205.00
EBT -37,939.00 -28,995.00 -19,060.00 37,242.00 -42,354.00 -35,991.00 2,183.00
Income Tax 3,958.00 313.00 213.00 -2,547.00 1,207.00 1,019.00 805.00
Net Income 7,958.00 -28,682.00 -19,273.00 39,789.00 -43,561.00 -37,010.00 1,378.00
EBIT -37,939.00 -28,261.00 -18,769.00 36,550.00 -41,522.00 -35,437.00 2,388.00
Deprecation and Amortization 2,702.00 1,608.00 699.00 373.00 1,808.00 669.00 120.00
EBITDA -35,237.00 -26,653.00 -18,070.00 36,923.00 -39,714.00 -34,768.00 2,508.00
EPS -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
Average Shares Outstanding Basic 29,412.37 29,005.33 28,694.29 35,652.79 24,633.03 22,405.56 20,000.00
Average Shares Outstanding Diluted 29,412.37 29,005.33 28,694.29 35,652.79 24,633.03 22,405.56 20,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Operating Cash Flow -24,430.00 -16,613.00 -1,135.00 2,259.00 -10,667.00 -8,794.00 -2,572.00
   Operating Net Income -93,985.00 -86,046.00 -57,819.00 -39,019.00 -43,561.00 -37,010.00 1,378.00
   Deprecation and Amortization 2,702.00 1,608.00 699.00 373.00 1,808.00 669.00 120.00
   Deferred Income Tax 0 0 0 0 0 0 0
   Share Based Compensation 7,469.00 4,397.00 2,277.00 -19,302.00 24,388.00 21,829.00 0
   Change in Working Capital -24,308.00 -20,025.00 -3,536.00 -3,026.00 5,178.00 6,865.00 5,744.00
   Other Operating Activities 83,692.00 83,453.00 57,244.00 63,233.00 1,520.00 -1,147.00 -9,814.00
Investing Cash Flow 31,193.00 27,817.00 11,404.00 74,292.00 -72,952.00 -67,865.00 -10.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 580.00 222.00 96.00 95.00 344.00 56.00 10.00
   Net Purchase/Sale of Investments Net 64,652.00 42,345.00 23,000.00 -25,187.00 90,608.00 67,809.00 0
   Net Purchase/Sale of Business 32,879.00 14,306.00 11,500.00 0 0 0 0
   Other Investing Activities -66,918.00 -29,056.00 -23,192.00 99,384.00 -163,904.00 -135,730.00 -20.00
Financing Cash Flow -2,238.00 -1,599.00 -503.00 -114,545.00 105,549.00 106,424.00 3,873.00
   Net Issuance/Repayment of Debt 1,259.00 1,328.00 205.00 -24,214.00 20,252.00 19,952.00 4,250.00
   Net Issuance/Repurchase of Equity 0 0 0 -106,020.00 106,020.00 106,020.00 0
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities -3,497.00 -2,927.00 -708.00 15,689.00 -20,723.00 -19,548.00 -377.00
Net Change in Cash 4,714.00 10,026.00 9,883.00 -38,171.00 22,185.00 29,853.00 1,318.00
   Cash at Beginning of Period 19,606.00 19,606.00 19,606.00 57,777.00 4,421.00 4,421.00 4,421.00
   Cash at End of Period 24,320.00 29,632.00 29,489.00 19,606.00 26,606.00 34,274.00 5,739.00
Free Cash Flow 0 0 0 0 0 0 0