TBRG

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -14.29
Price to Sales 0.82
Book Value Per Common Share 11.80 12.34 15.54 15.11 13.78
Price to Book 1.67
Price to Operating Cash Flow 8.78
Price to Free Cash Flow
Enterprise Value to EBITDA 142315.38
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 34.78 117.10 917.33 -10.22 -19.61 -54.24
Price to Sales 1.13 1.96 4.53 0.68 0.85 1.58
Book Value Per Common Share 12.46 11.99 11.73 12.08 12.69 12.97 12.34 16.08 16.27 16.52 15.54 16.17 15.64 15.48 15.11 14.66 14.36 13.87 13.78
Price to Book 1.62 1.95 2.35 0.99 0.79 0.71
Price to Operating Cash Flow 10.39 23.31 68.66 7.83 12.17 -64.52
Price to Free Cash Flow
Enterprise Value to EBITDA 110543.02 180275.41 339524.71 188596.96 349015.85 375983.48

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -10.00 22.45
Revenue YoY 0.95 3.91 16.40 6.10
EBITDA YoY 2.48 21.43
Net Profit YoY -13.91 29.37
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 190.00 566.67 -90.48 19.74 38.18 25.35 144.83
Revenue YoY 49.79 98.30 49.91 101.78 48.41 98.13 51.57 106.23 51.33 100.78
EBITDA YoY 40.72 61.13 267.21 121.59 17.16 -4.89 25.15 39.51 71.84 41.67 127.51
Net Profit YoY 184.34 562.09 -93.46 -91.99 19.31 37.91 26.68 148.19

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.86 0.27 0.48 0.80 0.90
Quick Ratio 1.37 1.42 1.42 1.13 1.54
Current Ratio 1.70 2.31 1.68 1.49 1.79
Debt to Equity 1.34 1.33 0.86 0.72 0.63
Long-Term Debt to Equity 1.02 1.07 0.67 0.51 0.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 1.38 0.85 0.70 0.60 0.54 0.29 0.25 0.10 0.51 0.48 0.47 1.08 1.05 1.11 0.78 1.20 1.34 1.27 0.87
Quick Ratio 1.53 1.47 1.36 1.41 1.41 1.54 1.42 1.20 1.42 1.35 1.42 1.47 1.42 1.35 1.13 1.33 1.18 1.53 1.54
Current Ratio 1.91 1.80 1.69 1.80 1.77 1.95 2.31 1.44 1.73 1.67 1.68 1.78 1.79 1.73 1.49 1.71 1.44 1.79 1.79
Debt to Equity 1.21 1.25 1.31 1.33 1.28 1.25 1.33 0.88 0.89 0.87 0.86 0.88 0.91 0.91 0.72 0.79 0.86 0.62 0.63
Long-Term Debt to Equity 0.92 0.96 1.00 1.03 0.99 1.00 1.07 0.64 0.68 0.66 0.67 0.69 0.70 0.71 0.51 0.60 0.62 0.42 0.44

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -5.18 -10.54 3.68 4.81 4.37
ROE -12.12 -24.54 6.85 8.28 7.12
Gross Margin -47.35 48.19 47.28 50.20 51.51
Operating Margin 1.74 -12.33 7.47 9.35 8.45
EBITDA Margin 5.78 -6.92 13.55 15.39 13.44
Net Profit Margin -5.97 -13.49 4.86 6.57 5.39
Breakdown 2025-09-30 2025-06-30 2025-03-31 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 2.16 0.78 0.12 -4.33 -1.83 -0.60 -0.77 0.06 0.71 3.05 2.51 1.84 3.36 2.62 1.25
ROE 4.79 1.75 0.27 -10.06 -4.18 -1.36 -1.45 0.11 1.32 5.73 4.80 3.52 6.03 4.86 2.03
Gross Margin -41.81 -39.65 -35.70 49.38 49.34 49.84 47.87 48.31 48.77 48.18 49.34 51.13 50.35 50.34 51.25
Operating Margin 6.34 6.98 9.52 -0.55 -1.76 -0.04 -0.10 2.77 7.61 8.34 9.63 13.35 8.88 10.03 8.42
EBITDA Margin 10.20 10.85 13.36 3.60 2.43 4.19 5.20 8.11 12.84 14.42 15.67 18.80 14.57 15.56 13.73
Net Profit Margin 3.34 1.76 0.53 -6.90 -4.50 -3.02 -1.31 0.14 3.58 5.48 6.97 10.42 6.31 7.53 6.09

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 2023-12-31 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 394,432.00 434,422.00 430,963.00 383,350.00 326,272.00
   Current Assets 90,274.00 111,455.00 74,559.00 68,998.00 67,144.00
      Cash and Short-Term Investments 12,324.00 3,848.00 6,951.00 11,431.00 12,671.00
            Cash and Cash Equivalents 12,324.00 3,848.00 6,951.00 11,431.00 12,671.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 60,161.00 64,469.00 56,099.00 41,034.00 45,109.00
      Inventory 767.00 475.00 784.00 855.00 1,084.00
      Other Current Assets 17,022.00 42,663.00 10,725.00 15,678.00 8,280.00
   Non-Current Assets 304,158.00 322,967.00 356,404.00 314,352.00 259,128.00
      Property, Plant, Equipment Net 5,986.00 14,166.00 17,451.00 18,687.00 19,749.00
      Goodwill 363,073.00 171,909.00 198,253.00 177,713.00 150,216.00
      Intangible Assets 76,707.00 89,213.00 102,000.00 95,203.00 71,689.00
      Long-Term Investments 232.00 1,226.00 3,312.00 7,231.00 11,477.00
      Non-Current Deferred Assets 660.00 367.00 1,002.00 988.00 283.00
      Other Non-Current Assets -142,500.00 46,086.00 34,386.00 14,530.00 5,714.00
Liabilities 225,737.00 247,804.00 199,252.00 160,778.00 126,272.00
   Current Liabilities 52,975.00 48,230.00 44,455.00 46,427.00 37,442.00
      Payables and Expenses 39,342.00 35,435.00 29,724.00 30,504.00 25,855.00
            Account Payables 15,040.00 10,133.00 7,035.00 8,079.00 7,716.00
            Current Accrued Liabilities 24,302.00 25,302.00 22,689.00 22,425.00 18,139.00
      Short-Term Debt 2,980.00 3,141.00 3,141.00 4,394.00 3,457.00
      Other Current Liabilities 10,653.00 9,654.00 11,590.00 11,529.00 8,130.00
   Non-Current Liabilities 172,762.00 199,574.00 154,797.00 114,351.00 88,830.00
      Long-Term Debt 170,891.00 198,344.00 142,039.00 100,471.00 78,452.00
      Other Non-Current Liabilities 1,871.00 1,230.00 12,758.00 13,880.00 10,378.00
Equity 168,695.00 186,618.00 231,711.00 222,572.00 200,000.00
   Shareholders Equity 168,695.00 186,618.00 231,711.00 222,572.00 200,000.00
      Capital Stock 15.00 15.00 15.00 15.00 15.00
      Share Premium 201,066.00 195,546.00 192,275.00 187,079.00 181,622.00
      Retained Earnings -14,952.00 8,132.00 53,921.00 38,054.00 19,624.00
      Treasury Shares 17,479.00 17,075.00 14,500.00 2,576.00 1,261.00
      Accumulated Other Comprehensive Income 45.00 0 0 0 0
   Minority Interest 0 0 0 0 0
Investments 232.00 1,226.00 3,312.00 7,231.00 11,477.00
Debt 173,871.00 201,485.00 145,180.00 104,865.00 81,909.00
Net Debt 161,547.00 197,637.00 138,229.00 93,434.00 69,238.00
Common Shares Outstanding 0 15,121.00 14,913.00 14,734.00 14,511.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 342,646.00 339,435.00 326,648.00 280,629.00 264,488.00
Cost Of Revenue 504,872.00 175,868.00 172,213.00 139,747.00 128,242.00
Interest Income 0 745.00 1,053.00 0 0
Interest Expense 16,169.00 12,521.00 6,320.00 3,160.00 3,562.00
Net Interest 0 -11,776.00 -5,267.00 0 0
Provisions for Credit Losses 397.00 -133.00 -211.00 481.00 1,632.00
Gross Profit -162,226.00 163,567.00 154,435.00 140,882.00 136,246.00
Operating Expenses -168,861.00 206,171.00 131,652.00 116,175.00 115,192.00
   Selling, General and Administrative Expenses 188,768.00 104,202.00 83,323.00 72,000.00 70,314.00
   Research and Development Expenses 68,005.00 37,246.00 30,926.00 30,389.00 33,457.00
   Other Operating Expenses -425,634.00 64,723.00 17,403.00 13,786.00 11,421.00
Operating Income 6,635.00 -42,604.00 22,783.00 24,707.00 21,054.00
Net Non-Operating Income -16,839.00 -11,776.00 -4,702.00 -1,631.00 -2,270.00
EBT -10,204.00 -54,380.00 18,081.00 23,076.00 18,784.00
Income Tax 10,235.00 8,591.00 2,214.00 4,646.00 4,538.00
Net Income -20,439.00 -45,789.00 15,867.00 18,430.00 14,246.00
EBIT 5,965.00 -41,859.00 24,401.00 26,236.00 22,346.00
Deprecation and Amortization 13,851.00 18,372.00 19,846.00 16,942.00 13,211.00
EBITDA 19,816.00 -23,487.00 44,247.00 43,178.00 35,557.00
EPS -0.00 -0.00 0.00 0.00 0.00
Diluted EPS -0.00 -0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 14,300.00 14,187.00 14,356.00 14,290.00 14,038.00
Average Shares Outstanding Diluted 14,300.00 14,187.00 14,356.00 14,318.00 14,038.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 32,135.00 1,059.00 32,375.00 47,744.00 49,142.00
   Operating Net Income -20,439.00 -45,789.00 15,867.00 36,060.00 14,246.00
   Deprecation and Amortization 13,851.00 18,372.00 19,846.00 16,942.00 13,211.00
   Deferred Income Tax 1,859.00 -11,305.00 -6,688.00 3,502.00 2,755.00
   Share Based Compensation 5,520.00 3,271.00 5,173.00 5,457.00 7,005.00
   Change in Working Capital 1,834.00 11,971.00 12,095.00 -2,134.00 -6,800.00
   Other Operating Activities 29,510.00 24,539.00 -13,918.00 -12,083.00 18,725.00
Investing Cash Flow 4,121.00 -60,110.00 -62,731.00 -69,919.00 -6,664.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 21,575.00 23,405.00 19,367.00 10,285.00 6,664.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 22,074.00 36,705.00 43,364.00 59,634.00 0
   Other Investing Activities -39,528.00 -120,220.00 -125,462.00 -139,838.00 -13,328.00
Financing Cash Flow -27,739.00 55,948.00 25,876.00 20,935.00 -37,164.00
   Net Issuance/Repayment of Debt 85,800.00 75,523.00 57,438.00 99,750.00 31,694.00
   Net Issuance/Repurchase of Equity 404.00 2,575.00 11,947.00 1,315.00 1,261.00
   Dividends Paid 0 0 0 0 4,337.00
   Other Financing Activities -113,943.00 -22,150.00 -43,509.00 -80,130.00 -74,456.00
Net Change in Cash 8,517.00 -3,103.00 -4,480.00 -1,240.00 5,314.00
   Cash at Beginning of Period 3,807.00 6,951.00 11,431.00 12,671.00 7,357.00
   Cash at End of Period 12,324.00 3,848.00 6,951.00 11,431.00 12,671.00
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 399,412.00 390,151.00 388,842.00 394,432.00 401,533.00 412,287.00 416,417.00 434,422.00 429,531.00 434,764.00 436,847.00 430,963.00 437,995.00 445,487.00 440,330.00 383,350.00 387,382.00 393,159.00 331,306.00 326,272.00
   Current Assets 102,571.00 90,259.00 87,334.00 90,274.00 91,621.00 91,583.00 91,904.00 111,455.00 78,800.00 82,469.00 82,300.00 74,559.00 80,812.00 86,965.00 80,797.00 68,998.00 70,977.00 72,326.00 72,882.00 67,144.00
      Cash and Short-Term Investments 19,920.00 12,279.00 10,124.00 12,324.00 8,586.00 7,709.00 4,115.00 3,848.00 1,473.00 7,246.00 6,816.00 6,951.00 15,558.00 15,107.00 15,981.00 11,431.00 17,114.00 19,131.00 18,016.00 12,671.00
            Cash and Cash Equivalents 19,920.00 12,279.00 10,124.00 12,324.00 8,586.00 7,709.00 4,115.00 3,848.00 1,473.00 7,246.00 6,816.00 6,951.00 15,558.00 15,107.00 15,981.00 11,431.00 17,114.00 19,131.00 18,016.00 12,671.00
            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 62,349.00 61,701.00 60,238.00 60,161.00 63,180.00 65,403.00 68,519.00 64,469.00 64,327.00 60,712.00 59,724.00 56,099.00 51,037.00 53,972.00 47,293.00 41,034.00 38,033.00 39,909.00 44,386.00 45,109.00
      Inventory 351.00 444.00 595.00 767.00 924.00 793.00 980.00 475.00 941.00 962.00 1,182.00 784.00 1,754.00 1,128.00 567.00 855.00 1,151.00 1,423.00 1,342.00 1,084.00
      Other Current Assets 19,951.00 15,835.00 16,377.00 17,022.00 18,931.00 17,678.00 18,290.00 42,663.00 12,059.00 13,549.00 14,578.00 10,725.00 12,463.00 16,758.00 16,956.00 15,678.00 14,679.00 11,863.00 9,138.00 8,280.00
   Non-Current Assets 296,841.00 299,892.00 301,508.00 304,158.00 309,912.00 320,704.00 324,513.00 322,967.00 350,731.00 352,295.00 354,547.00 356,404.00 357,183.00 358,522.00 359,533.00 314,352.00 316,405.00 320,833.00 258,424.00 259,128.00
      Property, Plant, Equipment Net 4,995.00 5,576.00 6,017.00 5,986.00 8,500.00 12,340.00 13,422.00 14,166.00 13,845.00 14,165.00 16,558.00 17,451.00 18,300.00 19,180.00 19,546.00 18,687.00 19,524.00 21,326.00 22,109.00 19,749.00
      Goodwill 172,573.00 172,573.00 172,573.00 363,073.00 190,500.00 363,073.00 363,073.00 171,909.00 198,253.00 198,253.00 198,253.00 198,253.00 418,249.00 418,255.00 416,146.00 177,713.00 381,372.00 383,028.00 150,216.00 150,216.00
      Intangible Assets 67,563.00 70,608.00 73,654.00 76,707.00 79,833.00 82,960.00 86,086.00 89,213.00 89,956.00 93,971.00 97,985.00 102,000.00 106,486.00 110,973.00 115,731.00 95,203.00 98,875.00 102,349.00 68,632.00 71,689.00
      Long-Term Investments 64.00 22.00 4.00 232.00 231.00 607.00 959.00 1,226.00 1,615.00 2,223.00 2,774.00 3,312.00 4,227.00 5,242.00 6,012.00 7,231.00 8,471.00 9,107.00 10,460.00 11,477.00
      Non-Current Deferred Assets 0 0 0 660.00 0 4,146.00 1,905.00 367.00 0 0 0 1,002.00 0 0 0 988.00 0 0 0 283.00
      Other Non-Current Assets 51,646.00 51,113.00 49,260.00 -142,500.00 30,848.00 -142,422.00 -140,932.00 46,086.00 47,062.00 43,683.00 38,977.00 34,386.00 -190,079.00 -195,128.00 -197,902.00 14,530.00 -191,837.00 -194,977.00 7,007.00 5,714.00
Liabilities 219,054.00 216,978.00 220,334.00 225,737.00 228,886.00 231,185.00 231,744.00 247,804.00 201,548.00 204,214.00 203,289.00 199,252.00 205,037.00 212,554.00 209,578.00 160,778.00 171,396.00 181,617.00 127,191.00 126,272.00
   Current Liabilities 53,749.00 50,180.00 51,683.00 52,975.00 51,002.00 51,709.00 47,164.00 48,230.00 54,792.00 47,757.00 49,149.00 44,455.00 45,403.00 48,714.00 46,735.00 46,427.00 41,614.00 50,242.00 40,732.00 37,442.00
      Payables and Expenses 42,572.00 37,832.00 39,247.00 39,342.00 37,841.00 38,793.00 35,011.00 35,435.00 42,845.00 34,731.00 34,371.00 29,724.00 30,007.00 31,419.00 27,741.00 30,504.00 26,844.00 35,410.00 28,442.00 25,855.00
            Account Payables 20,238.00 19,672.00 14,870.00 15,040.00 14,028.00 15,854.00 11,356.00 10,133.00 13,368.00 14,483.00 12,640.00 7,035.00 7,476.00 7,995.00 7,240.00 8,079.00 5,454.00 6,850.00 6,742.00 7,716.00
            Current Accrued Liabilities 22,334.00 18,160.00 24,377.00 24,302.00 23,813.00 22,939.00 23,655.00 25,302.00 29,477.00 20,248.00 21,731.00 22,689.00 22,531.00 23,424.00 20,501.00 22,425.00 21,390.00 28,560.00 21,700.00 18,139.00
      Short-Term Debt 2,980.00 2,980.00 2,980.00 2,980.00 2,926.00 3,074.00 3,074.00 3,141.00 3,141.00 3,141.00 3,141.00 3,141.00 3,141.00 3,141.00 4,863.00 4,394.00 3,926.00 3,457.00 3,457.00 3,457.00
      Other Current Liabilities 8,197.00 9,368.00 9,456.00 10,653.00 10,235.00 9,842.00 9,079.00 9,654.00 8,806.00 9,885.00 11,637.00 11,590.00 12,255.00 14,154.00 14,131.00 11,529.00 10,844.00 11,375.00 8,833.00 8,130.00
   Non-Current Liabilities 165,305.00 166,798.00 168,651.00 172,762.00 177,884.00 179,476.00 184,580.00 199,574.00 146,756.00 156,457.00 154,140.00 154,797.00 159,634.00 163,840.00 162,843.00 114,351.00 129,782.00 131,375.00 86,459.00 88,830.00
      Long-Term Debt 162,951.00 164,935.00 166,915.00 170,891.00 175,863.00 179,476.00 184,580.00 198,344.00 142,169.00 145,232.00 140,810.00 142,039.00 143,262.00 144,785.00 142,651.00 100,471.00 117,098.00 119,262.00 75,023.00 78,452.00
      Other Non-Current Liabilities 2,354.00 1,863.00 1,736.00 1,871.00 2,021.00 0.00 0.00 1,230.00 4,587.00 11,225.00 13,330.00 12,758.00 16,372.00 19,055.00 20,192.00 13,880.00 12,684.00 12,113.00 11,436.00 10,378.00
Equity 180,358.00 173,173.00 168,508.00 168,695.00 172,647.00 181,102.00 184,673.00 186,618.00 227,983.00 230,550.00 233,558.00 231,711.00 232,958.00 232,933.00 230,752.00 222,572.00 215,986.00 211,542.00 204,115.00 200,000.00
   Shareholders Equity 180,358.00 173,173.00 168,508.00 168,695.00 172,647.00 181,102.00 184,673.00 186,618.00 227,983.00 230,550.00 233,558.00 231,711.00 232,958.00 232,933.00 230,752.00 222,572.00 215,986.00 211,542.00 204,115.00 200,000.00
      Capital Stock 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00
      Share Premium 206,164.00 204,376.00 202,279.00 201,066.00 199,244.00 197,846.00 196,346.00 195,546.00 194,437.00 193,399.00 193,522.00 192,275.00 192,363.00 190,499.00 188,796.00 187,079.00 185,801.00 184,101.00 182,656.00 181,622.00
      Retained Earnings -6,311.00 -11,913.00 -14,493.00 -14,952.00 -9,242.00 567.00 5,616.00 8,132.00 50,606.00 54,168.00 57,005.00 53,921.00 51,404.00 49,243.00 46,167.00 38,054.00 32,653.00 29,909.00 23,768.00 19,624.00
      Treasury Shares 19,419.00 19,332.00 19,332.00 17,479.00 17,477.00 17,434.00 17,417.00 17,075.00 17,075.00 17,032.00 16,984.00 14,500.00 10,824.00 6,824.00 4,226.00 2,576.00 2,483.00 2,483.00 2,324.00 1,261.00
      Accumulated Other Comprehensive Income -91.00 27.00 39.00 45.00 107.00 108.00 113.00 0 0 0 0 0 0 0 0 0 0 0 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 64.00 22.00 4.00 232.00 231.00 607.00 959.00 1,226.00 1,615.00 2,223.00 2,774.00 3,312.00 4,227.00 5,242.00 6,012.00 7,231.00 8,471.00 9,107.00 10,460.00 11,477.00
Debt 165,931.00 167,915.00 169,895.00 173,871.00 178,789.00 182,550.00 187,654.00 201,485.00 145,310.00 148,373.00 143,951.00 145,180.00 146,403.00 147,926.00 147,514.00 104,865.00 121,024.00 122,719.00 78,480.00 81,909.00
Net Debt 146,011.00 155,636.00 159,771.00 161,547.00 170,203.00 174,841.00 183,539.00 197,637.00 143,837.00 141,127.00 137,135.00 138,229.00 130,845.00 132,819.00 131,533.00 93,434.00 103,910.00 103,588.00 60,464.00 69,238.00
Common Shares Outstanding 0 0 0 0 0 0 0 15,121.00 0 0 0 14,913.00 0 14,897.00 14,906.00 14,734.00 14,734.00 14,734.00 14,715.00 14,511.00
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
Revenues 259,043.00 172,937.00 87,208.00 -160,384.00 251,806.00 167,977.00 83,247.00 -171,220.00 253,567.00 170,855.00 86,233.00 -155,244.00 243,424.00 160,597.00 77,871.00 -130,543.00 206,629.00 136,538.00 68,005.00
Cost Of Revenue 367,354.00 241,512.00 118,340.00 250,538.00 127,472.00 85,103.00 41,759.00 -88,792.00 132,173.00 88,310.00 44,177.00 -73,343.00 126,141.00 81,359.00 38,056.00 -63,807.00 102,599.00 67,800.00 33,155.00
Interest Income 0 0 0 0 0 0 0 -438.00 569.00 346.00 268.00 -46.00 789.00 310.00 0 0 0 0 0
Interest Expense 9,450.00 6,447.00 3,382.00 -8,566.00 12,348.00 8,315.00 4,072.00 -3,887.00 8,405.00 5,334.00 2,669.00 -790.00 4,044.00 2,149.00 917.00 -1,140.00 2,249.00 1,424.00 627.00
Net Interest 0 0 0 0 0 0 0 3,449.00 -7,836.00 -4,988.00 -2,401.00 -173.00 -3,255.00 -1,839.00 0 0 0 0 0
Provisions for Credit Losses 301.00 321.00 364.00 445.00 9.00 -26.00 -31.00 53.00 -109.00 -46.00 -31.00 -199.00 -133.00 -36.00 157.00 -667.00 588.00 426.00 134.00
Gross Profit -108,311.00 -68,575.00 -31,132.00 -410,922.00 124,334.00 82,874.00 41,488.00 -82,428.00 121,394.00 82,545.00 42,056.00 -81,901.00 117,283.00 79,238.00 39,815.00 -66,736.00 104,030.00 68,738.00 34,850.00
Operating Expenses -124,166.00 -80,362.00 -39,292.00 -426,026.00 126,868.00 87,351.00 42,946.00 -29,963.00 122,217.00 78,156.00 35,761.00 -63,607.00 98,766.00 65,664.00 30,829.00 -56,695.00 86,847.00 56,087.00 29,936.00
   Selling, General and Administrative Expenses 141,352.00 96,098.00 46,497.00 32,096.00 78,002.00 52,682.00 25,988.00 -43,779.00 76,377.00 49,693.00 21,911.00 -43,566.00 63,813.00 43,020.00 20,056.00 -35,333.00 54,135.00 34,748.00 18,450.00
   Research and Development Expenses 48,364.00 32,269.00 16,286.00 11,793.00 26,629.00 18,894.00 10,689.00 -19,923.00 26,899.00 20,434.00 9,836.00 -12,425.00 22,036.00 14,214.00 7,101.00 -15,537.00 22,598.00 14,899.00 8,429.00
   Other Operating Expenses -313,882.00 -208,729.00 -102,075.00 -469,915.00 22,237.00 15,775.00 6,269.00 33,739.00 18,941.00 8,029.00 4,014.00 -7,616.00 12,917.00 8,430.00 3,672.00 -5,825.00 10,114.00 6,440.00 3,057.00
Operating Income 15,855.00 11,787.00 8,160.00 15,104.00 -2,534.00 -4,477.00 -1,458.00 -52,465.00 -823.00 4,389.00 6,295.00 -18,294.00 18,517.00 13,574.00 8,986.00 -10,041.00 17,183.00 12,651.00 4,914.00
Net Non-Operating Income -8,884.00 -6,167.00 -3,238.00 3,821.00 -11,209.00 -6,801.00 -2,650.00 3,450.00 -7,836.00 -4,988.00 -2,402.00 -2,670.00 -2,263.00 -259.00 490.00 -343.00 -1,089.00 -386.00 187.00
EBT 6,971.00 5,620.00 4,922.00 18,925.00 -13,743.00 -11,278.00 -4,108.00 -49,015.00 -8,659.00 -599.00 3,893.00 -20,964.00 16,254.00 13,315.00 9,476.00 -10,384.00 16,094.00 12,265.00 5,101.00
Income Tax 1,670.00 2,581.00 4,463.00 1,299.00 3,631.00 3,713.00 1,592.00 1,592.00 5,344.00 846.00 809.00 -4,179.00 2,904.00 2,126.00 1,363.00 -1,356.00 3,065.00 1,980.00 957.00
Net Income 8,641.00 3,039.00 459.00 7,016.00 -17,374.00 -7,565.00 -2,516.00 -45,805.00 -3,315.00 247.00 3,084.00 -16,785.00 13,350.00 11,189.00 8,113.00 -9,028.00 13,029.00 10,285.00 4,144.00
EBIT 16,421.00 12,067.00 8,304.00 10,359.00 -1,395.00 -2,963.00 -36.00 -52,902.00 -254.00 4,735.00 6,562.00 -21,754.00 20,298.00 15,464.00 10,393.00 -11,524.00 18,343.00 13,689.00 5,728.00
Deprecation and Amortization 9,990.00 6,701.00 3,344.00 -7,187.00 10,458.00 7,053.00 3,527.00 -8,699.00 13,435.00 9,124.00 4,512.00 -8,910.00 14,807.00 9,699.00 4,250.00 -5,979.00 11,755.00 7,556.00 3,610.00
EBITDA 26,411.00 18,768.00 11,648.00 3,172.00 9,063.00 4,090.00 3,491.00 -61,601.00 13,181.00 13,859.00 11,074.00 -30,664.00 35,105.00 25,163.00 14,643.00 -17,503.00 30,098.00 21,245.00 9,338.00
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 0.00 -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 -0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 14,474.00 14,446.00 14,370.00 14,403.00 14,290.00 14,273.00 14,234.00 14,263.00 14,181.00 14,168.00 14,136.00 14,213.00 14,405.00 14,425.00 14,381.00 14,478.00 14,276.00 14,247.00 14,159.00
Average Shares Outstanding Diluted 14,474.00 14,446.00 14,370.00 14,403.00 14,290.00 14,273.00 14,234.00 14,263.00 14,181.00 14,168.00 14,136.00 14,213.00 14,405.00 14,425.00 14,381.00 14,466.00 14,303.00 14,282.00 14,221.00
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
Operating Cash Flow 28,107.00 14,517.00 5,760.00 600.00 21,839.00 11,730.00 -2,034.00 -31,923.00 13,319.00 10,190.00 9,473.00 -28,756.00 30,211.00 19,103.00 11,817.00 -33,584.00 34,474.00 33,144.00 13,710.00
   Operating Net Income 8,641.00 3,039.00 459.00 7,016.00 -17,374.00 -7,565.00 -2,516.00 -45,805.00 -3,315.00 247.00 3,084.00 -16,785.00 13,350.00 11,189.00 8,113.00 8,602.00 13,029.00 10,285.00 4,144.00
   Deprecation and Amortization 9,990.00 6,701.00 3,344.00 -7,187.00 10,458.00 7,053.00 3,527.00 -8,699.00 13,435.00 9,124.00 4,512.00 -8,910.00 14,807.00 9,699.00 4,250.00 -5,979.00 11,755.00 7,556.00 3,610.00
   Deferred Income Tax 481.00 -7.00 -135.00 9,150.00 915.00 -5,224.00 -2,982.00 -2,173.00 -8,171.00 -1,533.00 572.00 -3,583.00 -3,073.00 -724.00 692.00 -1,597.00 2,306.00 1,735.00 1,058.00
   Share Based Compensation 5,098.00 3,310.00 1,213.00 -1,278.00 3,698.00 2,300.00 800.00 -1,262.00 2,162.00 1,124.00 1,247.00 -5,248.00 5,284.00 3,420.00 1,717.00 -2,235.00 4,179.00 2,479.00 1,034.00
   Change in Working Capital -2,215.00 218.00 1,596.00 -1,044.00 -1,457.00 1,538.00 2,797.00 -23,834.00 18,492.00 6,349.00 10,964.00 -13,763.00 7,303.00 17,117.00 1,438.00 1,740.00 -8,549.00 1,643.00 3,032.00
   Other Operating Activities 6,112.00 1,256.00 -717.00 -6,057.00 25,599.00 13,628.00 -3,660.00 49,850.00 -9,284.00 -5,121.00 -10,906.00 19,533.00 -7,460.00 -21,598.00 -4,393.00 -34,115.00 11,754.00 9,446.00 832.00
Investing Cash Flow -10,946.00 -6,959.00 -2,232.00 -29,192.00 5,803.00 11,116.00 16,394.00 -23,333.00 -18,313.00 -12,215.00 -6,249.00 96,014.00 -58,424.00 -52,641.00 -47,680.00 63,029.00 -66,996.00 -64,587.00 -1,365.00
   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 13,648.00 9,061.00 4,334.00 -8,014.00 14,943.00 9,630.00 5,016.00 -13,372.00 18,313.00 12,215.00 6,249.00 -8,506.00 14,728.00 8,827.00 4,318.00 -3,190.00 7,362.00 4,748.00 1,365.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 2,102.00 2,102.00 2,102.00 -43,484.00 22,074.00 22,074.00 21,410.00 36,705.00 0 0 0 -87,508.00 43,696.00 43,814.00 43,362.00 -59,839.00 59,634.00 59,839.00 0
   Other Investing Activities -26,696.00 -18,122.00 -8,668.00 22,306.00 -31,214.00 -20,588.00 -10,032.00 -46,666.00 -36,626.00 -24,430.00 -12,498.00 192,028.00 -116,848.00 -105,282.00 -95,360.00 126,058.00 -133,992.00 -129,174.00 -2,730.00
Financing Cash Flow -9,565.00 -7,603.00 -5,728.00 28,120.00 -22,863.00 -18,944.00 -14,052.00 57,471.00 -484.00 2,320.00 -3,359.00 -84,091.00 32,340.00 37,214.00 40,413.00 -46,933.00 36,965.00 37,903.00 -7,000.00
   Net Issuance/Repayment of Debt 38,361.00 36,486.00 6,525.00 -87,890.00 69,462.00 60,201.00 44,027.00 28,955.00 17,341.00 18,352.00 10,875.00 -108,749.00 56,562.00 55,688.00 53,937.00 -72,875.00 83,813.00 82,875.00 5,937.00
   Net Issuance/Repurchase of Equity 1,940.00 1,853.00 1,853.00 -698.00 402.00 358.00 342.00 -5,016.00 2,575.00 2,532.00 2,484.00 -2,199.00 8,248.00 4,248.00 1,650.00 -2,192.00 1,222.00 1,222.00 1,063.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -49,866.00 -45,942.00 -14,106.00 116,708.00 -92,727.00 -79,503.00 -58,421.00 33,532.00 -20,400.00 -18,564.00 -16,718.00 26,857.00 -32,470.00 -22,722.00 -15,174.00 28,134.00 -48,070.00 -46,194.00 -14,000.00
Net Change in Cash 7,596.00 -45.00 -2,200.00 -472.00 4,779.00 3,902.00 308.00 2,215.00 -5,478.00 295.00 -135.00 -16,833.00 4,127.00 3,676.00 4,550.00 -17,488.00 4,443.00 6,460.00 5,345.00
   Cash at Beginning of Period 12,324.00 12,324.00 12,324.00 12,796.00 3,807.00 3,807.00 3,807.00 1,633.00 6,951.00 6,951.00 6,951.00 23,784.00 11,431.00 11,431.00 11,431.00 28,919.00 12,671.00 12,671.00 12,671.00
   Cash at End of Period 19,920.00 12,279.00 10,124.00 12,324.00 8,586.00 7,709.00 4,115.00 3,848.00 1,473.00 7,246.00 6,816.00 6,951.00 15,558.00 15,107.00 15,981.00 11,431.00 17,114.00 19,131.00 18,016.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0