TARS
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -18.04 | -4.38 | -5.82 | -33.58 | |
| Price to Sales | 11.38 | 34.10 | 13.98 | 8.11 | |
| Book Value Per Common Share | 5.85 | 5.76 | 7.22 | 8.05 | 8.17 |
| Price to Book | 9.46 | 3.52 | 2.03 | 2.79 | 5.06 |
| Price to Operating Cash Flow | -25.08 | -5.06 | -7.36 | 123.42 | -39.74 |
| Price to Free Cash Flow | -23.24 | -4.84 | -7.29 | 146.29 | -38.90 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -198.10 | -84.40 | -80.27 | -53.92 | -30.89 | -14.28 | -17.16 | 63.20 | ||||
| Price to Sales | 21.33 | 16.72 | 25.80 | 26.23 | 25.19 | 134.44 | 646.92 | 19.60 | ||||
| Book Value Per Common Share | 7.89 | 7.88 | 8.15 | 5.85 | 6.22 | 6.63 | 6.47 | 7.22 | 7.20 | 8.05 | 8.93 | 8.17 |
| Price to Book | 7.53 | 5.14 | 6.30 | 9.46 | 5.29 | 4.10 | 1.94 | 2.03 | 2.34 | 2.79 | 3.61 | 5.06 |
| Price to Operating Cash Flow | 138.69 | -58.40 | -97.87 | -145.92 | -15.30 | -22.79 | -55.57 | |||||
| Price to Free Cash Flow | 154.89 | -56.47 | -95.15 | -141.28 | -15.07 | -22.55 | -54.76 | |||||
| Enterprise Value to EBITDA | 612716.05 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 948.62 | -32.42 | -54.73 | ||
| EBITDA YoY | |||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||
| Revenue YoY | 15.62 | 31.05 | 62.80 | 17.90 | 1532.52 | 363.82 | -98.39 | |||||
| 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 | 7.82 | 7.74 | 8.82 | 8.36 | 8.27 |
| Quick Ratio | 4.24 | 6.64 | 14.30 | 14.98 | 31.22 |
| Current Ratio | 4.43 | 6.93 | 14.61 | 15.33 | 31.68 |
| Debt to Equity | 0.68 | 0.35 | 0.18 | 0.07 | 0.04 |
| Long-Term Debt to Equity | 0.32 | 0.16 | 0.10 | 0.00 | 0.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 9.43 | 9.00 | 10.43 | 7.66 | 8.26 | 8.56 | 7.52 | 8.12 | 8.46 | 8.30 | 7.68 | 8.27 |
| Quick Ratio | 4.07 | 4.89 | 5.50 | 4.24 | 5.27 | 6.87 | 15.40 | 14.30 | 13.93 | 14.98 | 17.93 | 31.22 |
| Current Ratio | 4.29 | 5.26 | 5.57 | 4.43 | 5.42 | 7.03 | 15.74 | 14.61 | 14.18 | 15.33 | 18.92 | 31.68 |
| Debt to Equity | 0.60 | 0.49 | 0.46 | 0.68 | 0.58 | 0.49 | 0.22 | 0.18 | 0.22 | 0.07 | 0.06 | 0.04 |
| Long-Term Debt to Equity | 0.25 | 0.22 | 0.21 | 0.32 | 0.31 | 0.29 | 0.14 | 0.10 | 0.13 | 0.00 | 0.00 | 0.00 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -30.65 | -51.19 | -27.25 | -7.73 | -15.59 |
| ROE | -51.46 | -68.99 | -32.19 | -8.29 | -16.15 |
| Gross Margin | 92.99 | 90.87 | 96.30 | 96.36 | |
| Operating Margin | -58.87 | -760.41 | -232.01 | -24.15 | |
| EBITDA Margin | -57.24 | -755.38 | -229.97 | -23.09 | |
| Net Profit Margin | -63.16 | -778.89 | -240.51 | -24.25 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -2.35 | -4.11 | -5.02 | -6.22 | -8.83 | -11.09 | -11.15 | 5.35 | ||||
| ROE | -3.76 | -6.12 | -7.34 | -9.86 | -13.20 | -13.51 | -13.56 | 5.66 | ||||
| Gross Margin | 93.00 | 93.92 | 93.35 | 93.26 | 92.64 | 93.88 | 96.12 | |||||
| Operating Margin | -8.82 | -17.77 | -29.24 | -43.86 | -76.40 | -909.40 | -3693.51 | 31.97 | ||||
| EBITDA Margin | -8.43 | -17.33 | -28.15 | -43.27 | -76.15 | -854.20 | -3685.90 | 32.29 | ||||
| Net Profit Margin | -10.60 | -19.81 | -32.07 | -48.67 | -81.57 | -936.76 | -3754.73 | 31.04 |
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 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 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 | 376,991.00 | 265,491.00 | 227,863.00 | 178,907.00 | 171,972.00 |
| Current Assets | 356,705.00 | 256,131.00 | 225,375.00 | 175,952.00 | 170,655.00 |
| Cash and Short-Term Investments | 293,938.00 | 227,442.00 | 217,026.00 | 171,815.00 | 168,149.00 |
| Cash and Cash Equivalents | 97,381.00 | 224,947.00 | 71,660.00 | 171,332.00 | 168,149.00 |
| Short-Term Investments | 196,557.00 | 2,495.00 | 145,366.00 | 483.00 | 0 |
| Net Receivables | 48,059.00 | 17,714.00 | 3,582.00 | 92.00 | 20.00 |
| Inventory | 2,620.00 | 3,107.00 | 0 | 0 | 0 |
| Other Current Assets | 12,088.00 | 7,868.00 | 4,767.00 | 4,045.00 | 2,486.00 |
| Non-Current Assets | 20,286.00 | 9,360.00 | 2,488.00 | 2,955.00 | 1,317.00 |
| Property, Plant, Equipment Net | 2,866.00 | 3,348.00 | 1,532.00 | 1,829.00 | 1,236.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 8,326.00 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 3,000.00 | 631.00 | 371.00 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 6,094.00 | 5,381.00 | 585.00 | 1,126.00 | 81.00 |
| Liabilities | 152,457.00 | 68,503.00 | 34,963.00 | 12,177.00 | 5,992.00 |
| Current Liabilities | 80,612.00 | 36,936.00 | 15,429.00 | 11,478.00 | 5,387.00 |
| Payables and Expenses | 43,562.00 | 36,538.00 | 5,734.00 | 2,798.00 | 1,040.00 |
| Account Payables | 27,739.00 | 17,772.00 | 215.00 | 0 | 0 |
| Current Accrued Liabilities | 15,823.00 | 18,112.00 | 5,519.00 | 2,798.00 | 1,040.00 |
| Short-Term Debt | 608.00 | 398.00 | 721.00 | 609.00 | 282.00 |
| Other Current Liabilities | 36,442.00 | 0.00 | 8,974.00 | 8,071.00 | 4,065.00 |
| Non-Current Liabilities | 71,845.00 | 31,567.00 | 19,534.00 | 699.00 | 605.00 |
| Long-Term Debt | 71,845.00 | 29,819.00 | 19,434.00 | 585.00 | 549.00 |
| Other Non-Current Liabilities | 0.00 | 1,748.00 | 100.00 | 114.00 | 56.00 |
| Equity | 224,534.00 | 196,988.00 | 192,900.00 | 166,730.00 | 165,980.00 |
| Shareholders Equity | 224,534.00 | 196,988.00 | 192,900.00 | 166,730.00 | 165,980.00 |
| Capital Stock | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 |
| Share Premium | 584,559.00 | 441,641.00 | 301,732.00 | 213,398.00 | 198,821.00 |
| Retained Earnings | -360,210.00 | -244,656.00 | -108,763.00 | -46,672.00 | -32,845.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 179.00 | -2.00 | -74.00 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 199,557.00 | 0 | 145,737.00 | 483.00 | 0 |
| Debt | 71,845.00 | 30,217.00 | 19,434.00 | 1,194.00 | 831.00 |
| Common Shares Outstanding | 38,349.83 | 34,211.19 | 26,727.46 | 20,700.00 | 20,323.20 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 182,953.00 | 17,447.00 | 25,816.00 | 57,027.00 | 0 |
| Cost Of Revenue | 12,826.00 | 1,593.00 | 955.00 | 2,075.00 | 0 |
| Interest Income | 0 | 10,337.00 | 5,698.00 | 0 | 0 |
| Interest Expense | 7,849.00 | 3,225.00 | 2,199.00 | 0.00 | 0.00 |
| Net Interest | 0 | 0 | 3,499.00 | 36.00 | 188.00 |
| Non-Interest Expense | 0 | 108,700.00 | 0 | 0 | 0 |
| Gross Profit | 170,127.00 | 15,854.00 | 24,861.00 | 54,952.00 | 0 |
| Operating Expenses | 290,696.00 | 159,012.00 | 87,573.00 | 67,109.00 | 26,998.00 |
| Selling, General and Administrative Expenses | 237,810.00 | 108,700.00 | 44,949.00 | 25,397.00 | 8,172.00 |
| Research and Development Expenses | 53,386.00 | 50,312.00 | 42,624.00 | 41,712.00 | 18,826.00 |
| Other Operating Expenses | -500.00 | 0 | 0.00 | 0.00 | 0.00 |
| Operating Income | -120,569.00 | -143,158.00 | -62,712.00 | -12,157.00 | -26,998.00 |
| Net Non-Operating Income | 5,015.00 | -102.00 | 617.00 | -1,615.00 | 188.00 |
| EBT | -115,554.00 | -135,893.00 | -62,095.00 | -13,772.00 | -26,810.00 |
| Income Tax | 0.00 | 0 | 4.00 | 55.00 | 1.00 |
| Net Income Including Non-Controlling Interests | 0 | -135,893.00 | 0 | 0 | 0 |
| Net Income | -115,554.00 | -135,893.00 | -62,091.00 | -13,827.00 | -26,811.00 |
| EBIT | -107,705.00 | -132,668.00 | -59,896.00 | -13,772.00 | -26,810.00 |
| Deprecation and Amortization | 2,988.00 | 877.00 | 527.00 | 606.00 | 246.00 |
| EBITDA | -104,717.00 | -131,791.00 | -59,369.00 | -13,166.00 | -26,564.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 | 0 |
| Average Shares Outstanding Basic | 37,604.54 | 29,383.28 | 24,619.70 | 20,554.09 | 0 |
| Average Shares Outstanding Diluted | 37,604.54 | 29,383.28 | 24,619.70 | 20,554.09 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -83,027.00 | -117,493.00 | -49,030.00 | 3,748.00 | -21,138.00 |
| Operating Net Income | -115,554.00 | -135,893.00 | -62,091.00 | -13,827.00 | -26,811.00 |
| Deprecation and Amortization | -2,988.00 | 877.00 | -527.00 | 606.00 | 246.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 27,818.00 | 19,830.00 | 13,460.00 | 8,455.00 | 839.00 |
| Change in Working Capital | 3,844.00 | 306.00 | -951.00 | 1,372.00 | 1,458.00 |
| Other Operating Activities | 3,853.00 | -2,613.00 | 1,079.00 | 7,142.00 | 3,130.00 |
| Investing Cash Flow | -199,195.00 | 140,604.00 | -144,629.00 | -586.00 | -456.00 |
| Capital Expenditure | -6,567.00 | 0 | -506.00 | -586.00 | -456.00 |
| Net Purchase/Sale of PPE | -6,567.00 | -1,502.00 | -506.00 | -586.00 | -456.00 |
| Net Purchase/Sale of Investments Net | -189,628.00 | 146,106.00 | -144,123.00 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 3,567.00 | -4,000.00 | 506.00 | 586.00 | 456.00 |
| Financing Cash Flow | 154,656.00 | 130,176.00 | 93,987.00 | 21.00 | 131,771.00 |
| Net Issuance/Repayment of Debt | 75,000.00 | 10,000.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 115,056.00 | 0 | 74,475.00 | 103.00 | 91,673.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -35,400.00 | 0 | 19,512.00 | -82.00 | 40,098.00 |
| Net Change in Cash | -127,566.00 | 153,287.00 | -99,672.00 | 3,183.00 | 110,177.00 |
| Cash at Beginning of Period | 224,947.00 | 71,660.00 | 171,332.00 | 168,149.00 | 57,972.00 |
| Cash at End of Period | 97,381.00 | 224,947.00 | 71,660.00 | 171,332.00 | 168,149.00 |
| Free Cash Flow | -89,594.00 | -122,995.00 | -49,536.00 | 3,162.00 | -21,594.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-12-31 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 534,561.00 | 494,994.00 | 500,750.00 | 376,991.00 | 376,300.00 | 376,844.00 | 211,214.00 | 227,863.00 | 181,483.00 | 178,907.00 | 193,954.00 | 171,972.00 |
| Current Assets | 501,704.00 | 474,429.00 | 480,773.00 | 356,705.00 | 357,117.00 | 362,588.00 | 208,646.00 | 225,375.00 | 178,755.00 | 175,952.00 | 191,451.00 | 170,655.00 |
| Cash and Short-Term Investments | 401,837.00 | 381,143.00 | 410,479.00 | 293,938.00 | 316,952.00 | 323,580.00 | 201,219.00 | 217,026.00 | 175,301.00 | 171,815.00 | 156,199.00 | 168,149.00 |
| Cash and Cash Equivalents | 112,724.00 | 96,648.00 | 178,350.00 | 97,381.00 | 176,210.00 | 181,095.00 | 65,997.00 | 71,660.00 | 175,010.00 | 171,332.00 | 156,199.00 | 168,149.00 |
| Short-Term Investments | 289,113.00 | 284,495.00 | 232,129.00 | 196,557.00 | 140,742.00 | 142,485.00 | 135,222.00 | 145,366.00 | 291.00 | 483.00 | 0 | 0 |
| Net Receivables | 74,336.00 | 60,240.00 | 64,153.00 | 48,059.00 | 30,304.00 | 30,841.00 | 2,918.00 | 3,582.00 | 323.00 | 92.00 | 25,247.00 | 20.00 |
| Inventory | 3,836.00 | 3,873.00 | 2,705.00 | 2,620.00 | 2,846.00 | 2,195.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 21,695.00 | 29,173.00 | 3,436.00 | 12,088.00 | 7,015.00 | 5,972.00 | 4,509.00 | 4,767.00 | 3,131.00 | 4,045.00 | 10,005.00 | 2,486.00 |
| Non-Current Assets | 32,857.00 | 20,565.00 | 19,977.00 | 20,286.00 | 19,183.00 | 14,256.00 | 2,568.00 | 2,488.00 | 2,728.00 | 2,955.00 | 2,503.00 | 1,317.00 |
| Property, Plant, Equipment Net | 15,979.00 | 3,411.00 | 3,180.00 | 2,866.00 | 4,195.00 | 4,210.00 | 1,733.00 | 1,532.00 | 1,841.00 | 1,829.00 | 1,173.00 | 1,236.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 8,086.00 | 8,326.00 | 0 | 3,667.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 3,000.00 | 3,000.00 | 3,000.00 | 3,000.00 | 3,000.00 | 3,000.00 | 306.00 | 371.00 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13,878.00 | 14,154.00 | 5,711.00 | 6,094.00 | 11,988.00 | 3,379.00 | 529.00 | 585.00 | 887.00 | 1,126.00 | 1,330.00 | 81.00 |
| Liabilities | 199,479.00 | 162,382.00 | 158,292.00 | 152,457.00 | 138,816.00 | 124,598.00 | 37,810.00 | 34,963.00 | 32,286.00 | 12,177.00 | 10,722.00 | 5,992.00 |
| Current Liabilities | 117,050.00 | 90,253.00 | 86,308.00 | 80,612.00 | 65,868.00 | 51,571.00 | 13,255.00 | 15,429.00 | 12,610.00 | 11,478.00 | 10,118.00 | 5,387.00 |
| Payables and Expenses | 116,970.00 | 89,936.00 | 38,316.00 | 43,562.00 | 65,237.00 | 34,698.00 | 11,772.00 | 5,734.00 | 5,833.00 | 2,798.00 | 5,682.00 | 1,040.00 |
| Account Payables | 40,642.00 | 28,075.00 | 28,383.00 | 27,739.00 | 26,815.00 | 26,653.00 | 7,566.00 | 215.00 | 4,028.00 | 0 | 4,997.00 | 0 |
| Current Accrued Liabilities | 69,897.00 | 56,729.00 | 9,933.00 | 15,823.00 | 36,015.00 | 8,045.00 | 4,206.00 | 5,519.00 | 1,805.00 | 2,798.00 | 685.00 | 1,040.00 |
| Short-Term Debt | 80.00 | 317.00 | 384.00 | 608.00 | 631.00 | 605.00 | 703.00 | 721.00 | 635.00 | 609.00 | 221.00 | 282.00 |
| Other Current Liabilities | 0.00 | 0.00 | 47,608.00 | 36,442.00 | 0.00 | 16,268.00 | 780.00 | 8,974.00 | 6,142.00 | 8,071.00 | 4,215.00 | 4,065.00 |
| Non-Current Liabilities | 82,429.00 | 72,129.00 | 71,984.00 | 71,845.00 | 72,948.00 | 73,027.00 | 24,555.00 | 19,534.00 | 19,676.00 | 699.00 | 604.00 | 605.00 |
| Long-Term Debt | 72,281.00 | 72,129.00 | 71,984.00 | 71,845.00 | 71,708.00 | 71,578.00 | 24,515.00 | 19,434.00 | 19,180.00 | 585.00 | 456.00 | 549.00 |
| Other Non-Current Liabilities | 10,148.00 | 0.00 | 0.00 | 0.00 | 1,240.00 | 1,449.00 | 40.00 | 100.00 | 496.00 | 114.00 | 148.00 | 56.00 |
| Equity | 335,082.00 | 332,612.00 | 342,458.00 | 224,534.00 | 237,484.00 | 252,246.00 | 173,404.00 | 192,900.00 | 149,197.00 | 166,730.00 | 183,232.00 | 165,980.00 |
| Shareholders Equity | 335,082.00 | 332,612.00 | 342,458.00 | 224,534.00 | 237,484.00 | 252,246.00 | 173,404.00 | 192,900.00 | 149,197.00 | 166,730.00 | 183,232.00 | 165,980.00 |
| Capital Stock | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Share Premium | 753,042.00 | 738,237.00 | 727,697.00 | 584,559.00 | 574,229.00 | 566,093.00 | 305,651.00 | 301,732.00 | 216,103.00 | 213,398.00 | 205,697.00 | 198,821.00 |
| Retained Earnings | -418,255.00 | -405,670.00 | -385,330.00 | -360,210.00 | -337,097.00 | -313,677.00 | -132,182.00 | -108,763.00 | -66,910.00 | -46,672.00 | -22,469.00 | -32,845.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 289.00 | 39.00 | 85.00 | 179.00 | 346.00 | -176.00 | -70.00 | -74.00 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 235,129.00 | 199,557.00 | 0 | 145,485.00 | 135,528.00 | 145,737.00 | 291.00 | 483.00 | 0 | 0 |
| Debt | 72,361.00 | 72,446.00 | 71,984.00 | 71,845.00 | 72,339.00 | 71,578.00 | 24,515.00 | 19,434.00 | 19,180.00 | 1,194.00 | 677.00 | 831.00 |
| Common Shares Outstanding | 42,447.88 | 42,210.97 | 41,995.54 | 38,349.83 | 38,196.07 | 38,030.39 | 26,800.51 | 26,727.46 | 20,718.53 | 20,700.00 | 20,524.47 | 20,323.20 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenues | 118,697.00 | 102,660.00 | 78,335.00 | 48,118.00 | 40,813.00 | 2,500.00 | 539.00 | 33,432.00 |
| Cost Of Revenue | 8,309.00 | 6,237.00 | 5,211.00 | 3,242.00 | 3,004.00 | 0 | 33.00 | 1,297.00 |
| Interest Income | 4,114.00 | 4,229.00 | 0 | 4,120.00 | 0 | 0 | 13.00 | 0 |
| Interest Expense | 2,116.00 | 2,094.00 | 2,213.00 | 2,316.00 | 2,109.00 | 684.00 | 329.00 | 0.00 |
| Net Interest | 0 | 0 | 0 | 0 | 0 | 0 | -316.00 | 9.00 |
| Non-Interest Expense | 108,633.00 | 103,013.00 | 0 | 57,910.00 | 0 | 0 | 0 | 0 |
| Gross Profit | 110,388.00 | 96,423.00 | 73,124.00 | 44,876.00 | 37,809.00 | 0 | 506.00 | 32,135.00 |
| Operating Expenses | 124,917.00 | 118,607.00 | 99,404.00 | 70,038.00 | 71,111.00 | 0 | 20,027.00 | 21,421.00 |
| Selling, General and Administrative Expenses | 108,633.00 | 103,013.00 | 109,704.00 | 57,910.00 | 59,207.00 | 15,096.00 | 7,946.00 | 5,160.00 |
| Research and Development Expenses | 16,284.00 | 15,594.00 | 14,409.00 | 12,128.00 | 12,319.00 | 12,756.00 | 12,081.00 | 18,261.00 |
| Other Operating Expenses | 0 | 0 | -24,709.00 | 0 | -415.00 | 0 | 0.00 | -2,000.00 |
| Operating Income | -14,529.00 | -22,184.00 | -26,280.00 | -25,162.00 | -33,302.00 | -24,952.00 | -19,521.00 | 10,714.00 |
| Net Non-Operating Income | 98.00 | -145.00 | 1,160.00 | 67.00 | 12.00 | 1,533.00 | -716.00 | -25.00 |
| EBT | -12,585.00 | -20,340.00 | -25,120.00 | -23,420.00 | -33,290.00 | -23,419.00 | -20,237.00 | 10,689.00 |
| Income Tax | 0 | 0 | 0.00 | 0 | 0.00 | 0.00 | 1.00 | 313.00 |
| Net Income Including Non-Controlling Interests | -12,585.00 | -20,340.00 | 0 | -23,420.00 | 0 | 0 | 0 | 0 |
| Net Income | -12,585.00 | -20,340.00 | -25,120.00 | -23,420.00 | -33,290.00 | -23,419.00 | -20,238.00 | 10,376.00 |
| EBIT | -10,469.00 | -18,246.00 | -22,907.00 | -21,104.00 | -31,181.00 | -22,735.00 | -19,908.00 | 10,689.00 |
| Deprecation and Amortization | 460.00 | 453.00 | 854.00 | 284.00 | 100.00 | 1,380.00 | 41.00 | 107.00 |
| EBITDA | -10,009.00 | -17,793.00 | -22,053.00 | -20,820.00 | -31,081.00 | -21,355.00 | -19,867.00 | 10,796.00 |
| EPS | -0.00 | -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 | 0.00 |
| Average Shares Outstanding Basic | 42,607.72 | 42,360.45 | 39,345.36 | 38,381.97 | 37,823.23 | 26,742.02 | 20,710.22 | 20,336.02 |
| Average Shares Outstanding Diluted | 42,607.72 | 42,360.45 | 39,345.36 | 38,381.97 | 37,823.23 | 26,742.02 | 20,710.22 | 21,824.57 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | 2023-03-31 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 18,257.00 | -29,387.00 | -20,651.00 | -8,652.00 | 0 | -21,970.00 | -15,286.00 | -11,794.00 |
| Operating Net Income | -12,585.00 | -20,340.00 | -25,120.00 | -23,420.00 | -33,290.00 | -23,419.00 | -20,238.00 | 10,376.00 |
| Deprecation and Amortization | 460.00 | 453.00 | -854.00 | 284.00 | 100.00 | -1,380.00 | 41.00 | 107.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 12,243.00 | 8,233.00 | 6,930.00 | 7,415.00 | 0 | 3,906.00 | 2,674.00 | 1,363.00 |
| Change in Working Capital | 19,328.00 | -16,355.00 | -1,910.00 | 7,908.00 | 0 | -1,407.00 | 1,631.00 | -29,171.00 |
| Other Operating Activities | -1,189.00 | -1,378.00 | 303.00 | -839.00 | 0 | 330.00 | 606.00 | 5,531.00 |
| Investing Cash Flow | -4,743.00 | -51,704.00 | -34,942.00 | 3,128.00 | 0 | 11,294.00 | -161.00 | -175.00 |
| Capital Expenditure | 0 | 0 | -590.00 | 0 | 0.00 | -340.00 | -161.00 | -175.00 |
| Net Purchase/Sale of PPE | -1,910.00 | -1,001.00 | -590.00 | -282.00 | 0 | -340.00 | -161.00 | -175.00 |
| Net Purchase/Sale of Investments Net | -2,833.00 | -50,703.00 | -34,352.00 | 3,410.00 | 3,000.00 | 11,634.00 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 590.00 | 0.00 | 0 | 340.00 | 161.00 | 175.00 |
| Financing Cash Flow | 2,562.00 | 1,952.00 | 136,562.00 | 639.00 | 0 | 5,013.00 | 19,125.00 | 19.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 | 5,000.00 | 20,000.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | -354.00 | 136,562.00 | -43.00 | 0 | 0 | 0 | 19.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 2,562.00 | 0 | 0.00 | 682.00 | 0 | 13.00 | -875.00 | 0.00 |
| Net Change in Cash | 16,076.00 | -79,139.00 | 80,969.00 | -4,885.00 | 0 | -5,663.00 | 3,678.00 | -11,950.00 |
| Cash at Beginning of Period | 99,211.00 | 178,350.00 | 97,381.00 | 181,095.00 | 0 | 71,660.00 | 171,332.00 | 168,149.00 |
| Cash at End of Period | 115,287.00 | 99,211.00 | 178,350.00 | 176,210.00 | 181,095.00 | 65,997.00 | 175,010.00 | 156,199.00 |
| Free Cash Flow | 16,347.00 | -30,388.00 | -21,241.00 | -8,934.00 | 0 | -22,310.00 | -15,447.00 | -11,969.00 |