TH

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 13.61 5.69 19.92 -71.20
Price to Sales 2.51 1.75 2.93 1.18 0.71
Book Value Per Common Share 4.26 3.71 2.00 0.95 0.98
Price to Book 2.27 2.62 7.56 3.73 1.61
Price to Operating Cash Flow 6.38 6.29 4.82 3.29 3.42
Price to Free Cash Flow
Enterprise Value to EBITDA 46845.20 27476.49 66807.08 33377.38 22387.79
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 -38.55 -32.36 -94.00 13.41 22.33 54.35 11.85 15.08 29.86 28.68 23.79 600.00
Price to Sales 3.65 5.37 9.33 2.58 4.22 10.26 3.68 4.65 8.95 3.51 2.92 7.24 1.81 3.14 5.59
Book Value Per Common Share 4.03 4.02 4.18 4.26 4.16 3.95 3.75 3.71 3.33 2.86 2.38 2.00 1.50 1.28 1.01 0.95 0.92 0.85 0.85 0.98
Price to Book 2.10 1.77 1.57 2.27 1.87 2.20 2.90 2.62 4.77 4.70 5.51 7.56 8.43 4.46 5.92 3.73 4.06 4.38 2.94 1.61
Price to Operating Cash Flow 12.33 47.12 165.74 6.45 9.75 21.63 13.57 19.30 91.00 4.75 -164.55 -19.02 3.82 6.36 -31.77
Price to Free Cash Flow
Enterprise Value to EBITDA 246132.22 444931.25 427753.92 53033.95 87506.22 214905.67 62146.85 78949.83 156323.76 90462.49 69134.00 213623.26 52454.81 101896.67 230028.37

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -58.48 125.00
Revenue YoY -31.46 12.28 72.30 29.40
EBITDA YoY -43.29 58.35 109.05 52.28
Net Profit YoY -58.97 134.92
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 48.72 95.00 50.56 102.27 83.33 2300.00
Revenue YoY 75.55 88.14 45.90 94.42 50.07 97.17 83.99 136.49 74.01 164.83
EBITDA YoY 115.30 4.46 47.20 97.43 50.42 102.67 68.95 194.95 95.32 235.61
Net Profit YoY 51.57 90.20 50.49 106.00 466.73 81.48 4625.71 -98.35

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.90 1.03 1.87 0.24 0.07
Quick Ratio 1.03 2.43 1.17 0.72 0.77
Current Ratio 1.07 2.57 1.24 0.83 0.96
Debt to Equity 0.16 0.17 0.31 0.32 0.32
Long-Term Debt to Equity 0.04 0.13 0.21 0.26 0.29
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 0.31 0.19 0.35 1.93 1.77 1.54 1.23 1.02 1.04 0.69 0.42 1.81 1.82 0.10 0.06 0.23 0.30 0.06 0.06 0.07
Quick Ratio 0.89 1.35 1.81 1.03 0.98 0.86 2.67 2.43 0.56 0.38 0.26 1.17 1.08 1.56 1.44 0.72 0.68 0.47 1.12 0.77
Current Ratio 0.96 1.47 1.97 1.07 1.01 0.89 2.78 2.57 0.58 0.40 0.28 1.24 1.13 1.67 1.66 0.83 0.74 0.54 1.32 0.96
Debt to Equity 0.08 0.08 0.08 0.16 0.15 0.16 0.17 0.17 0.19 0.21 0.21 0.31 0.34 0.30 0.31 0.32 0.33 0.33 0.33 0.32
Long-Term Debt to Equity 0.03 0.04 0.06 0.04 0.03 0.03 0.13 0.13 0.03 0.03 0.02 0.21 0.22 0.26 0.29 0.26 0.26 0.27 0.31 0.29

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 3.22 7.89 3.08 -0.27 -1.53
ROE 3.74 9.22 4.04 -0.35 -2.02
Gross Margin 46.13 55.59 49.23 34.79 25.39
Operating Margin 30.07 44.63 28.72 12.37 1.82
EBITDA Margin 52.85 63.88 45.29 37.33 31.72
Net Profit Margin 18.45 30.82 14.73 -1.57 -12.20
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 -1.18 -1.17 -0.34 2.67 1.78 0.94 6.10 4.15 1.83 1.84 1.29 0.03 -0.42 -0.81 -0.75
ROE -1.28 -1.26 -0.37 3.08 2.06 1.09 7.27 5.02 2.21 2.47 1.68 0.04 -0.56 -1.08 -1.00
Gross Margin 15.41 13.41 25.70 46.65 46.26 46.00 57.41 56.38 55.45 46.70 42.35 34.75 34.41 31.98 25.19
Operating Margin -8.40 -14.71 -3.38 30.11 29.84 29.59 44.36 44.18 42.97 24.84 24.83 12.24 8.62 1.28 -13.16
EBITDA Margin 14.89 12.14 21.87 48.63 48.20 47.47 59.39 59.25 57.65 38.82 42.27 33.89 34.54 30.78 24.29
Net Profit Margin -9.61 -16.27 -9.24 19.42 18.69 19.11 31.06 30.98 29.65 12.12 12.29 0.61 -3.52 -11.66 -28.88

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 2,212,475.00 2,201,533.00 2,400,230.00 1,712,794.00 1,795,562.00
   Current Assets 249,336.00 180,500.00 236,379.00 60,536.00 43,562.00
   Deposits 1,900.00 1,900.00 1,900.00 1,800.00 1,700.00
      Cash and Short-Term Investments 190,668.00 103,929.00 181,673.00 23,406.00 6,979.00
            Cash and Cash Equivalents 190,668.00 103,929.00 181,673.00 23,406.00 6,979.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 49,342.00 67,092.00 42,153.00 28,780.00 28,183.00
      Inventory 1,900.00 2,100.00 2,000.00 1,600.00 900.00
      Other Current Assets 7,426.00 7,379.00 10,553.00 6,750.00 7,500.00
   Non-Current Assets 1,963,139.00 2,021,033.00 2,163,851.00 1,652,258.00 1,752,000.00
      Property, Plant, Equipment Net 345,787.00 464,062.00 537,325.00 291,792.00 311,487.00
      Goodwill 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00
      Intangible Assets 52,807.00 66,282.00 75,182.00 88,485.00 222,642.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 115.00 1,216.00 0 14,710.00 15,179.00
      Other Non-Current Assets 1,523,392.00 1,448,435.00 1,510,306.00 1,216,233.00 1,161,654.00
Liabilities 304,684.00 317,046.00 570,880.00 416,121.00 434,816.00
   Current Liabilities 233,404.00 70,330.00 190,896.00 72,796.00 45,533.00
      Payables and Expenses 41,969.00 54,578.00 57,205.00 44,929.00 35,343.00
            Account Payables 16,187.00 20,926.00 17,563.00 11,803.00 10,644.00
            Current Accrued Liabilities 25,782.00 33,652.00 39,642.00 33,126.00 24,699.00
      Short-Term Debt 371,064.00 13,283.00 13,651.00 729.00 3,571.00
      Other Current Liabilities -179,629.00 2,469.00 120,040.00 27,138.00 6,619.00
   Non-Current Liabilities 71,280.00 246,716.00 379,984.00 343,325.00 389,283.00
      Long-Term Debt 18,910.00 9,450.00 12,192.00 696.00 269.00
      Other Non-Current Liabilities 52,370.00 237,266.00 367,792.00 342,629.00 389,014.00
Equity 1,907,791.00 1,884,487.00 1,829,350.00 1,296,673.00 1,360,746.00
   Shareholders Equity 421,081.00 377,307.00 200,847.00 97,271.00 99,421.00
      Capital Stock 10.00 10.00 10.00 10.00 10.00
      Share Premium 148,780.00 142,379.00 139,287.00 109,538.00 115,167.00
      Retained Earnings 332,380.00 261,115.00 87,683.00 13,744.00 10,237.00
      Treasury Shares 57,304.00 23,559.00 23,559.00 23,559.00 23,559.00
      Accumulated Other Comprehensive Income -2,785.00 -2,638.00 -2,574.00 -2,462.00 -2,434.00
   Minority Interest 9.00 0 0 0 0
Investments 534.00 550.00 4.00 43.00 2,977.00
Debt 389,974.00 200,826.00 354,691.00 331,637.00 330,339.00
Net Debt 199,306.00 96,897.00 173,018.00 308,231.00 323,360.00
Common Shares Outstanding 98,952.05 101,660.60 100,316.70 101,952.68 101,170.91
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 386,272.00 563,608.00 501,985.00 291,337.00 225,148.00
Cost Of Revenue 208,093.00 250,284.00 254,857.00 189,987.00 167,993.00
Gross Profit 178,179.00 313,324.00 247,128.00 101,350.00 57,155.00
Operating Expenses 69,398.00 72,718.00 72,761.00 64,251.00 53,054.00
   Selling, General and Administrative Expenses 54,258.00 56,126.00 57,893.00 46,461.00 38,128.00
   Other Operating Expenses 15,140.00 16,592.00 14,868.00 17,790.00 14,926.00
Operating Income 108,781.00 240,606.00 174,367.00 37,099.00 4,101.00
Net Non-Operating Income -15,944.00 -15,856.00 -68,058.00 -39,771.00 -40,034.00
Interest Income 6,698.00 4,139.00 1,546.00 0 0
Interest Expense 23,317.00 26,778.00 37,869.00 38,704.00 40,034.00
Net Interest -16,619.00 -22,639.00 -36,323.00 -38,704.00 -40,034.00
EBT 92,837.00 224,750.00 106,309.00 -2,672.00 -35,933.00
Income Tax 21,430.00 51,050.00 32,370.00 1,904.00 8,455.00
Net Income Including Non-Controlling Interests 71,123.00 0 0 0 0
Net Income Non-Controlling Interests 142.00 0 0 0 0
Net Income 71,265.00 173,700.00 73,939.00 -4,576.00 -27,478.00
EBIT 116,154.00 251,528.00 144,178.00 36,032.00 4,101.00
Deprecation and Amortization 88,006.00 108,477.00 83,165.00 72,719.00 67,314.00
EBITDA 204,160.00 360,005.00 227,343.00 108,751.00 71,415.00
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 100,135.25 101,350.91 97,213.17 96,611.02 0
Average Shares Outstanding Diluted 101,434.75 105,319.40 100,057.75 96,611.02 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 151,675.00 156,801.00 305,612.00 104,599.00 46,781.00
   Operating Net Income 214,079.00 173,700.00 73,939.00 -4,576.00 -27,478.00
   Deprecation and Amortization 88,006.00 108,477.00 83,165.00 72,719.00 67,314.00
   Deferred Income Tax -3,803.00 37,902.00 29,882.00 469.00 -8,751.00
   Share Based Compensation 7,306.00 11,174.00 19,242.00 5,084.00 3,606.00
   Change in Working Capital -45,745.00 -122,387.00 111,231.00 26,681.00 -20,073.00
   Other Operating Activities -108,168.00 -52,065.00 -11,847.00 4,222.00 32,163.00
Investing Cash Flow -28,842.00 -68,180.00 -140,228.00 -35,915.00 -10,949.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 687.00 7,613.00 20,556.00 427.00 381.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities -29,529.00 -75,793.00 -160,784.00 -36,342.00 -11,330.00
Financing Cash Flow -36,064.00 -166,369.00 -7,098.00 -52,271.00 -35,683.00
   Net Issuance/Repayment of Debt 1,695.00 154,458.00 222,008.00 108,172.00 128,581.00
   Net Issuance/Repurchase of Equity 35,449.00 1,805.00 405.00 0 5,318.00
   Dividends Paid 65.00 0 0 0 0
   Other Financing Activities -73,273.00 -322,632.00 -229,511.00 -160,443.00 -169,582.00
Net Change in Cash 86,739.00 -77,744.00 158,267.00 16,427.00 140.00
   Cash at Beginning of Period 103,929.00 181,673.00 23,406.00 6,979.00 6,839.00
   Cash at End of Period 190,668.00 103,929.00 181,673.00 23,406.00 6,979.00
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 1,874,266.00 1,827,609.00 1,885,055.00 2,212,475.00 2,199,878.00 2,183,832.00 2,176,503.00 2,201,533.00 2,226,733.00 2,174,956.00 2,389,072.00 2,400,230.00 2,296,744.00 1,808,624.00 1,651,744.00 1,712,794.00 1,751,116.00 1,731,398.00 1,752,508.00 1,795,562.00
   Current Assets 79,444.00 83,047.00 99,589.00 249,336.00 231,375.00 208,830.00 186,068.00 180,500.00 171,557.00 129,843.00 103,151.00 236,379.00 227,809.00 94,215.00 54,579.00 60,536.00 69,779.00 41,834.00 43,806.00 43,562.00
   Deposits 0 0 0 1,900.00 0 0 0 1,900.00 0 0 0 1,900.00 0 0 0 1,800.00 0 0 0 1,700.00
      Cash and Short-Term Investments 30,387.00 19,237.00 34,468.00 190,668.00 177,747.00 154,296.00 124,302.00 103,929.00 105,104.00 69,578.00 42,438.00 181,673.00 176,987.00 9,698.00 5,824.00 23,406.00 30,641.00 6,467.00 6,373.00 6,979.00
            Cash and Cash Equivalents 30,387.00 19,237.00 34,468.00 190,668.00 177,747.00 154,296.00 124,302.00 103,929.00 105,104.00 69,578.00 42,438.00 181,673.00 176,987.00 9,698.00 5,824.00 23,406.00 30,641.00 6,467.00 6,373.00 6,979.00
            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 42,734.00 57,435.00 56,949.00 49,342.00 47,288.00 48,737.00 53,839.00 67,092.00 59,459.00 53,325.00 52,786.00 42,153.00 41,737.00 78,335.00 41,463.00 28,780.00 33,373.00 29,862.00 30,915.00 28,183.00
      Inventory 0 0 0 1,900.00 0 0 0 2,100.00 0 0 0 2,000.00 0 0 0 1,600.00 0 0 0 900.00
      Other Current Assets 6,323.00 6,375.00 8,172.00 7,426.00 6,340.00 5,797.00 7,927.00 7,379.00 6,994.00 6,940.00 7,927.00 10,553.00 9,085.00 6,182.00 7,292.00 6,750.00 5,765.00 5,505.00 6,518.00 7,500.00
   Non-Current Assets 1,794,822.00 1,744,562.00 1,785,466.00 1,963,139.00 1,968,503.00 1,975,002.00 1,990,435.00 2,021,033.00 2,055,176.00 2,045,113.00 2,285,921.00 2,163,851.00 2,068,935.00 1,714,409.00 1,597,165.00 1,652,258.00 1,681,337.00 1,689,564.00 1,708,702.00 1,752,000.00
      Property, Plant, Equipment Net 340,228.00 325,094.00 334,295.00 345,787.00 344,805.00 350,567.00 359,480.00 464,062.00 377,088.00 385,944.00 392,881.00 537,325.00 348,279.00 290,651.00 281,837.00 291,792.00 294,372.00 300,329.00 302,237.00 311,487.00
      Goodwill 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00 41,038.00
      Intangible Assets 42,704.00 46,076.00 49,444.00 52,807.00 56,179.00 59,552.00 62,919.00 66,282.00 69,655.00 73,026.00 76,394.00 75,182.00 78,406.00 179,660.00 186,098.00 88,485.00 200,706.00 208,000.00 215,326.00 222,642.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 115.00 0 0 0 1,216.00 0 0 0 0 0 8,360.00 13,985.00 14,710.00 15,984.00 17,307.00 16,914.00 15,179.00
      Other Non-Current Assets 1,370,852.00 1,332,354.00 1,360,689.00 1,523,392.00 1,526,481.00 1,523,845.00 1,526,998.00 1,448,435.00 1,567,395.00 1,545,105.00 1,775,608.00 1,510,306.00 1,601,212.00 1,194,700.00 1,074,207.00 1,216,233.00 1,129,237.00 1,122,890.00 1,133,187.00 1,161,654.00
Liabilities 138,909.00 132,529.00 147,252.00 304,684.00 292,150.00 299,883.00 311,635.00 317,046.00 358,253.00 375,645.00 408,006.00 570,880.00 584,080.00 422,327.00 394,231.00 416,121.00 436,510.00 427,777.00 435,826.00 434,816.00
   Current Liabilities 82,420.00 56,619.00 50,512.00 233,404.00 229,293.00 235,506.00 66,815.00 70,330.00 294,193.00 323,455.00 366,262.00 190,896.00 201,697.00 56,439.00 32,799.00 72,796.00 94,670.00 77,045.00 33,299.00 45,533.00
      Payables and Expenses 63,354.00 38,594.00 40,570.00 41,969.00 39,599.00 43,299.00 53,207.00 54,578.00 52,708.00 49,173.00 56,103.00 57,205.00 58,956.00 53,764.00 30,023.00 44,929.00 33,536.00 40,244.00 24,202.00 35,343.00
            Account Payables 45,812.00 21,426.00 23,126.00 16,187.00 16,922.00 17,541.00 17,275.00 20,926.00 21,247.00 17,247.00 26,908.00 17,563.00 31,914.00 25,254.00 12,249.00 11,803.00 12,321.00 14,772.00 9,167.00 10,644.00
            Current Accrued Liabilities 17,542.00 17,168.00 17,444.00 25,782.00 22,677.00 25,758.00 35,932.00 33,652.00 31,461.00 31,926.00 29,195.00 39,642.00 27,042.00 28,510.00 17,774.00 33,126.00 21,215.00 25,472.00 15,035.00 24,699.00
      Short-Term Debt 9,632.00 9,517.00 8,932.00 371,064.00 369,037.00 368,663.00 11,814.00 13,283.00 218,285.00 218,353.00 218,630.00 13,651.00 824.00 832.00 816.00 729.00 148.00 1,151.00 2,401.00 3,571.00
      Other Current Liabilities 9,434.00 8,508.00 1,010.00 -179,629.00 -179,343.00 -176,456.00 1,794.00 2,469.00 23,200.00 55,929.00 91,529.00 120,040.00 141,917.00 1,843.00 1,960.00 27,138.00 60,986.00 35,650.00 6,696.00 6,619.00
   Non-Current Liabilities 56,489.00 75,910.00 96,740.00 71,280.00 62,857.00 64,377.00 244,820.00 246,716.00 64,060.00 52,190.00 41,744.00 379,984.00 382,383.00 365,888.00 361,432.00 343,325.00 341,840.00 350,732.00 402,527.00 389,283.00
      Long-Term Debt 3,651.00 28,319.00 45,823.00 18,910.00 7,029.00 7,168.00 8,295.00 9,450.00 9,144.00 10,198.00 11,291.00 12,192.00 919.00 950.00 903.00 696.00 329,245.00 333,304.00 79.00 269.00
      Other Non-Current Liabilities 52,838.00 47,591.00 50,917.00 52,370.00 55,828.00 57,209.00 236,525.00 237,266.00 54,916.00 41,992.00 30,453.00 367,792.00 381,464.00 364,938.00 360,529.00 342,629.00 12,595.00 17,428.00 402,448.00 389,014.00
Equity 1,735,357.00 1,695,080.00 1,737,803.00 1,907,791.00 1,907,728.00 1,883,949.00 1,864,868.00 1,884,487.00 1,868,480.00 1,799,311.00 1,981,066.00 1,829,350.00 1,712,664.00 1,386,297.00 1,257,513.00 1,296,673.00 1,314,606.00 1,303,621.00 1,316,682.00 1,360,746.00
   Shareholders Equity 402,377.00 401,276.00 415,315.00 421,081.00 417,600.00 397,166.00 375,534.00 377,307.00 338,271.00 290,323.00 241,612.00 200,847.00 145,618.00 124,528.00 98,307.00 97,271.00 93,446.00 86,199.00 86,441.00 99,421.00
      Capital Stock 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
      Share Premium 152,272.00 150,350.00 149,479.00 148,780.00 146,379.00 144,772.00 141,614.00 142,379.00 141,169.00 138,779.00 136,516.00 139,287.00 115,620.00 113,515.00 110,098.00 109,538.00 108,511.00 107,924.00 107,261.00 115,167.00
      Retained Earnings 310,193.00 310,988.00 325,919.00 332,380.00 319,878.00 299,884.00 281,498.00 261,115.00 223,272.00 177,693.00 131,240.00 87,683.00 56,111.00 37,089.00 14,238.00 13,744.00 10,945.00 4,270.00 5,182.00 10,237.00
      Treasury Shares 57,304.00 57,304.00 57,304.00 57,304.00 45,977.00 44,822.00 44,930.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00 23,559.00
      Accumulated Other Comprehensive Income -2,794.00 -2,768.00 -2,789.00 -2,785.00 -2,690.00 -2,678.00 -2,658.00 -2,638.00 -2,621.00 -2,600.00 -2,595.00 -2,574.00 -2,564.00 -2,527.00 -2,480.00 -2,462.00 -2,461.00 -2,446.00 -2,453.00 -2,434.00
   Minority Interest -131.00 -91.00 -47.00 9.00 35.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 534.00 0 0 0 550.00 0 0 0 4.00 0 0 0 43.00 0 0 0 2,977.00
Debt 13,283.00 37,836.00 54,755.00 389,974.00 376,066.00 375,831.00 198,736.00 200,826.00 227,429.00 228,551.00 229,921.00 354,691.00 335,018.00 334,008.00 332,924.00 331,637.00 329,393.00 329,455.00 329,870.00 330,339.00
Net Debt 0 18,599.00 20,287.00 199,306.00 198,319.00 221,535.00 74,434.00 96,897.00 122,325.00 158,973.00 187,483.00 173,018.00 158,031.00 324,310.00 327,100.00 308,231.00 298,752.00 322,988.00 323,497.00 323,360.00
Common Shares Outstanding 99,779.53 99,778.07 99,364.72 98,952.05 100,303.88 100,430.68 100,105.42 101,660.60 101,660.60 101,595.25 101,373.46 100,316.70 97,257.39 97,228.69 96,936.79 101,952.68 101,837.30 101,827.54 101,236.25 101,170.91
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 230,858.00 131,503.00 69,897.00 -230,377.00 302,584.00 207,393.00 106,672.00 -313,048.00 437,388.00 291,449.00 147,819.00 -117,879.00 349,547.00 189,982.00 80,335.00 -84,280.00 209,647.00 120,478.00 45,492.00
Cost Of Revenue 195,277.00 113,867.00 51,933.00 -122,402.00 161,436.00 111,455.00 57,604.00 -128,995.00 186,303.00 127,120.00 65,856.00 -93,401.00 186,317.00 109,522.00 52,419.00 -63,501.00 137,509.00 81,948.00 34,031.00
Gross Profit 35,581.00 17,636.00 17,964.00 -107,975.00 141,148.00 95,938.00 49,068.00 -184,053.00 251,085.00 164,329.00 81,963.00 -24,478.00 163,230.00 80,460.00 27,916.00 -20,779.00 72,138.00 38,530.00 11,461.00
Operating Expenses 53,505.00 35,630.00 19,040.00 -38,349.00 53,169.00 35,948.00 18,630.00 -41,558.00 56,655.00 37,615.00 20,006.00 -26,097.00 53,076.00 30,247.00 15,535.00 -31,830.00 48,716.00 31,791.00 15,574.00
   Selling, General and Administrative Expenses 40,387.00 27,469.00 14,805.00 -30,541.00 41,632.00 28,312.00 14,855.00 -31,658.00 43,929.00 28,656.00 15,199.00 -18,742.00 42,014.00 22,862.00 11,759.00 -23,715.00 35,835.00 23,009.00 11,332.00
   Other Operating Expenses 13,118.00 8,161.00 4,235.00 -7,808.00 11,537.00 7,636.00 3,775.00 -9,900.00 12,726.00 8,959.00 4,807.00 -7,355.00 11,062.00 7,385.00 3,776.00 -8,115.00 12,881.00 8,782.00 4,242.00
Operating Income -17,924.00 -17,994.00 -1,076.00 -69,626.00 87,979.00 59,990.00 30,438.00 -142,495.00 194,430.00 126,714.00 61,957.00 1,619.00 110,154.00 50,213.00 12,381.00 11,051.00 23,422.00 6,739.00 -4,113.00
Net Non-Operating Income -8,094.00 -7,636.00 -6,699.00 8,152.00 -11,998.00 -8,186.00 -3,912.00 18,620.00 -18,045.00 -10,516.00 -5,915.00 10,853.00 -48,500.00 -19,612.00 -10,799.00 23,690.00 -30,658.00 -22,314.00 -10,489.00
Interest Income 2,255.00 2,102.00 1,893.00 -2,036.00 4,777.00 2,751.00 1,206.00 -2,066.00 2,960.00 1,949.00 1,296.00 5,388.00 150.00 -2,671.00 -1,321.00 0 -3,743.00 -2,481.00 -1,234.00
Interest Expense 6,620.00 6,286.00 5,415.00 -6,939.00 15,129.00 10,085.00 5,042.00 -10,916.00 17,660.00 12,564.00 7,470.00 -12,115.00 25,166.00 16,567.00 8,251.00 -12,339.00 25,315.00 17,113.00 8,615.00
Net Interest -5,724.00 -5,266.00 -4,329.00 9,502.00 -12,673.00 -8,861.00 -4,587.00 15,358.00 -17,726.00 -12,773.00 -7,498.00 20,613.00 -28,126.00 -19,238.00 -9,572.00 19,797.00 -29,058.00 -19,594.00 -9,849.00
EBT -26,018.00 -25,630.00 -7,775.00 -61,474.00 75,981.00 51,804.00 26,526.00 -123,875.00 176,385.00 116,198.00 56,042.00 12,472.00 61,654.00 30,601.00 1,582.00 34,741.00 -7,236.00 -15,575.00 -14,602.00
Income Tax 3,884.00 4,253.00 1,316.00 -14,866.00 17,118.00 13,035.00 6,143.00 -27,615.00 40,528.00 25,920.00 12,217.00 4,739.00 19,287.00 7,256.00 1,088.00 -1,222.00 139.00 1,523.00 1,464.00
Net Income Including Non-Controlling Interests -22,240.00 -21,407.00 -6,463.00 12,460.00 58,663.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income Non-Controlling Interests 53.00 15.00 2.00 42.00 100.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income -22,187.00 -21,392.00 -6,461.00 -46,650.00 58,763.00 38,769.00 20,383.00 -96,260.00 135,857.00 90,278.00 43,825.00 7,733.00 42,367.00 23,345.00 494.00 29,989.00 -7,375.00 -14,052.00 -13,138.00
EBIT -19,398.00 -19,344.00 -2,360.00 -68,413.00 91,110.00 61,889.00 31,568.00 -134,791.00 194,045.00 128,762.00 63,512.00 357.00 86,820.00 47,168.00 9,833.00 22,402.00 18,079.00 1,538.00 -5,987.00
Deprecation and Amortization 53,775.00 35,311.00 17,645.00 -25,176.00 56,038.00 38,078.00 19,066.00 -22,880.00 65,724.00 43,933.00 21,700.00 -16,232.00 48,861.00 33,141.00 17,395.00 -34,198.00 54,342.00 35,540.00 17,035.00
EBITDA 34,377.00 15,967.00 15,285.00 -93,589.00 147,148.00 99,967.00 50,634.00 -157,671.00 259,769.00 172,695.00 85,212.00 -15,875.00 135,681.00 80,309.00 27,228.00 -11,796.00 72,421.00 37,078.00 11,048.00
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 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 0.00 0.00 0 0 0
Average Shares Outstanding Basic 99,431.46 99,254.95 99,111.94 98,970.76 100,452.69 100,459.84 100,657.71 102,457.37 101,246.55 101,056.45 100,643.27 97,822.22 97,086.41 97,007.25 96,936.79 96,611.02 0 0 0
Average Shares Outstanding Diluted 99,431.46 99,254.95 99,111.94 99,718.20 101,744.46 101,913.81 102,362.54 103,688.35 105,632.14 105,699.68 106,257.45 109,200.54 97,086.41 97,007.25 96,936.79 96,611.02 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 68,357.00 15,001.00 3,939.00 -109,735.00 121,123.00 89,696.00 50,591.00 -46,515.00 118,512.00 70,275.00 14,529.00 81,736.00 257,823.00 -3,367.00 -30,580.00 -46,290.00 99,447.00 59,441.00 -7,999.00
   Operating Net Income -22,134.00 -21,377.00 -19,379.00 96,064.00 58,863.00 38,769.00 20,383.00 -96,260.00 135,857.00 90,278.00 43,825.00 7,733.00 42,367.00 23,345.00 494.00 29,989.00 -7,375.00 -14,052.00 -13,138.00
   Deprecation and Amortization 53,775.00 35,311.00 17,645.00 -25,176.00 56,038.00 38,078.00 19,066.00 -22,880.00 65,724.00 43,933.00 21,700.00 -16,232.00 48,861.00 33,141.00 17,395.00 -34,198.00 54,342.00 35,540.00 17,035.00
   Deferred Income Tax -4,628.00 -4,844.00 -1,529.00 -3,714.00 -314.00 1,099.00 -874.00 -22,939.00 33,231.00 19,722.00 7,888.00 7,889.00 14,918.00 6,350.00 725.00 5,136.00 -805.00 -2,127.00 -1,735.00
   Share Based Compensation 5,733.00 3,806.00 1,716.00 -5,208.00 5,683.00 4,083.00 2,748.00 -17,533.00 13,948.00 9,113.00 5,646.00 -2,991.00 13,669.00 5,227.00 3,337.00 -1,515.00 3,600.00 2,238.00 761.00
   Change in Working Capital 6,781.00 4,776.00 335.00 76,912.00 -54,945.00 -44,059.00 -23,653.00 149,716.00 -124,163.00 -91,360.00 -56,580.00 -16,571.00 140,042.00 19,769.00 -32,009.00 -42,072.00 49,569.00 30,325.00 -11,141.00
   Other Operating Activities 28,830.00 -2,671.00 5,151.00 -248,613.00 55,798.00 51,726.00 32,921.00 -36,619.00 -6,085.00 -1,411.00 -7,950.00 101,908.00 -2,034.00 -91,199.00 -20,522.00 -3,630.00 116.00 7,517.00 219.00
Investing Cash Flow -41,171.00 -24,911.00 -17,205.00 19,634.00 -23,421.00 -16,137.00 -8,918.00 69,965.00 -60,909.00 -48,791.00 -28,445.00 -2,972.00 -103,657.00 -30,764.00 -2,835.00 5,506.00 -24,008.00 -14,211.00 -3,202.00
   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 699.00 650.00 615.00 -33.00 324.00 261.00 135.00 -15,977.00 7,488.00 6,040.00 10,062.00 -15,544.00 20,028.00 15,955.00 117.00 -7.00 301.00 104.00 29.00
   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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -41,870.00 -25,561.00 -17,820.00 19,667.00 -23,745.00 -16,398.00 -9,053.00 85,942.00 -68,397.00 -54,831.00 -38,507.00 12,572.00 -123,685.00 -46,719.00 -2,952.00 5,513.00 -24,309.00 -14,315.00 -3,231.00
Financing Cash Flow -187,485.00 -161,543.00 -142,937.00 32,298.00 -23,879.00 -23,187.00 -21,296.00 226,718.00 -134,177.00 -133,585.00 -125,325.00 -42,792.00 -563.00 20,426.00 15,831.00 34,708.00 -51,792.00 -45,775.00 10,588.00
   Net Issuance/Repayment of Debt 333,253.00 332,630.00 331,955.00 -759.00 1,223.00 824.00 407.00 -222,636.00 126,037.00 125,701.00 125,356.00 -57,700.00 210,442.00 53,097.00 16,169.00 -114,572.00 107,693.00 89,690.00 25,361.00
   Net Issuance/Repurchase of Equity 0 0 0 -32,355.00 23,747.00 22,526.00 21,531.00 -2,655.00 1,605.00 1,461.00 1,394.00 405.00 0 0 0 0 0 0 0
   Dividends Paid 182.00 126.00 68.00 65.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -520,920.00 -494,299.00 -474,960.00 65,347.00 -48,849.00 -46,537.00 -43,234.00 452,009.00 -261,819.00 -260,747.00 -252,075.00 14,503.00 -211,005.00 -32,671.00 -338.00 149,280.00 -159,485.00 -135,465.00 -14,773.00
Net Change in Cash -160,281.00 -171,431.00 -156,200.00 -57,819.00 73,818.00 50,367.00 20,373.00 250,155.00 -76,569.00 -112,095.00 -139,235.00 35,976.00 153,581.00 -13,708.00 -17,582.00 -6,117.00 23,662.00 -512.00 -606.00
   Cash at Beginning of Period 190,668.00 190,668.00 190,668.00 248,487.00 103,929.00 103,929.00 103,929.00 -146,226.00 181,673.00 181,673.00 181,673.00 145,697.00 23,406.00 23,406.00 23,406.00 29,523.00 6,979.00 6,979.00 6,979.00
   Cash at End of Period 30,387.00 19,237.00 34,468.00 190,668.00 177,747.00 154,296.00 124,302.00 103,929.00 105,104.00 69,578.00 42,438.00 181,673.00 176,987.00 9,698.00 5,824.00 23,406.00 30,641.00 6,467.00 6,373.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0