Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 47.90 9.47 28.33
Price to Sales 0.55 0.47 0.44
Book Value Per Common Share 6.73 6.71 6.21 6.03 5.76
Price to Book 0.71 0.64 0.68
Price to Operating Cash Flow 8.95 7.83 30.80
Price to Free Cash Flow 26.00 8.97 68.44
Enterprise Value to EBITDA 69904.45 39014.84 60363.29
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Price to Earnings -17.65 -154.50 1.95 -209.50 77.50 58.75
Price to Sales 1.41 1.48 1.30 2.03 2.03 1.92
Book Value Per Common Share 6.62 6.73 6.68 6.73 6.84 6.81 6.71 6.30 6.21 6.11 6.03 5.83
Price to Book 0.45 0.46 0.43 0.71 0.61 0.68 0.64 0.75 0.68
Price to Operating Cash Flow -23.60 -6.62 -46.03 -65.98 35.96 48.96
Price to Free Cash Flow -8.23 -3.60 -13.21 -24.82 -276.79 54.97
Enterprise Value to EBITDA 222257.14 170849.40 13607.36 392550.92 200662.21 189521.73

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -77.78 200.00 -6.25
Revenue YoY -2.41 -5.11 -2.81 28.99
EBITDA YoY -36.52 57.06 -10.39
Net Profit YoY -78.05 207.09 -9.38
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Earning YoY -25.00 0.00 0.00
Revenue YoY -2.86 -6.63 -49.59 -5.33 -0.68 -4.18
EBITDA YoY -29.15 -91.53 509.58 -5.53 5.37 -5.00
Net Profit YoY 2820.74 -20.93 2.95 -13.42

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 1.56 1.46 0.95 1.17 1.14
Quick Ratio 1.38 1.39 0.94 0.88 0.83
Current Ratio 5.11 5.74 5.33 4.13 3.95
Debt to Equity 0.31 0.28 0.33 0.42 0.45
Long-Term Debt to Equity 0.14 0.12 0.16 0.18 0.20
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Cash Per Common Share 1.48 1.93 2.78 1.56 1.19 1.47 1.45 1.04 0.96 1.21 1.19 1.22
Quick Ratio 1.32 1.55 1.81 1.38 1.44 1.62 1.39 1.35 0.94 1.02 0.88 0.75
Current Ratio 5.22 4.89 4.51 5.11 6.39 6.39 5.74 6.79 5.33 4.63 4.13 3.54
Debt to Equity 0.58 0.34 0.37 0.31 0.27 0.27 0.28 0.30 0.33 0.38 0.42 0.49
Long-Term Debt to Equity 0.41 0.14 0.14 0.14 0.13 0.13 0.12 0.17 0.16 0.18 0.18 0.20

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 1.10 5.22 1.79 1.85 -6.47
ROE 1.45 6.69 2.38 2.63 -9.39
Gross Margin 56.20 59.25 57.88 56.86 56.27
Operating Margin 1.47 5.96 1.75 2.67 -9.79
EBITDA Margin 7.83 12.03 7.27 7.88 -3.21
Net Profit Margin 1.11 4.94 1.53 1.64 -7.65
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
ROA -1.60 -0.26 16.27 -0.18 0.72 0.97 0.89 0.97
ROE -2.53 -0.35 22.28 -0.23 0.92 1.27 1.23 1.45
Gross Margin 58.91 59.49 56.30 57.76 56.65 58.05 58.20 56.96
Operating Margin -3.93 0.37 88.54 -1.54 3.67 4.63 4.12 4.55
EBITDA Margin 6.31 8.65 95.30 5.18 10.10 10.12 9.54 9.62
Net Profit Margin -7.83 -1.12 66.59 -0.76 2.72 3.26 3.15 3.48

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 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 74,924.00 72,135.00 68,579.00 73,085.00 75,693.00
   Current Assets 50,536.00 51,252.00 47,252.00 50,449.00 51,012.00
      Cash and Short-Term Investments 13,271.00 12,159.00 7,975.00 10,155.00 10,329.00
            Cash and Cash Equivalents 13,271.00 12,159.00 7,975.00 10,155.00 10,329.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 331.00 264.00 370.00 614.00 350.00
      Inventory 35,556.00 37,993.00 38,227.00 38,084.00 36,779.00
      Other Current Assets 1,378.00 836.00 680.00 1,596.00 3,554.00
   Non-Current Assets 24,388.00 20,883.00 21,327.00 22,636.00 24,681.00
      Property, Plant, Equipment Net 22,658.00 19,542.00 20,904.00 22,199.00 24,162.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 5.00 6.00 6.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 1,213.00 880.00 0 0 82.00
      Other Non-Current Assets 517.00 461.00 418.00 431.00 431.00
Liabilities 17,771.00 15,789.00 17,116.00 21,584.00 23,499.00
   Current Liabilities 9,886.00 8,933.00 8,870.00 12,207.00 12,923.00
      Payables and Expenses 3,811.00 3,325.00 4,514.00 9,088.00 9,379.00
            Account Payables 3,110.00 2,333.00 3,082.00 4,786.00 5,737.00
            Current Accrued Liabilities 701.00 992.00 1,432.00 4,302.00 3,642.00
      Short-Term Debt 3,205.00 3,172.00 2,896.00 3,119.00 3,544.00
      Other Current Liabilities 2,870.00 2,436.00 1,460.00 0.00 0.00
   Non-Current Liabilities 7,885.00 6,856.00 8,246.00 9,377.00 10,576.00
      Long-Term Debt 7,561.00 6,254.00 7,470.00 8,545.00 9,720.00
      Other Non-Current Liabilities 324.00 602.00 776.00 832.00 856.00
Equity 57,153.00 56,346.00 51,463.00 51,501.00 52,194.00
   Shareholders Equity 57,153.00 56,346.00 51,463.00 51,501.00 52,194.00
      Capital Stock 23.00 23.00 23.00 24.00 25.00
      Share Premium 4,529.00 3,981.00 3,222.00 3,959.00 5,924.00
      Retained Earnings 64,486.00 63,659.00 59,891.00 58,664.00 57,310.00
      Treasury Shares -9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00
      Accumulated Other Comprehensive Income -2,112.00 -1,544.00 -1,900.00 -1,373.00 -1,292.00
   Minority Interest 0 0 0 0 0
Debt 10,766.00 9,426.00 10,366.00 11,664.00 13,264.00
Net Debt 0 0 2,391.00 1,509.00 2,935.00
Common Shares Outstanding 8,496.58 8,399.25 8,293.15 8,547.33 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 74,391.00 76,229.00 80,335.00 82,661.00 64,084.00
Cost Of Revenue 32,587.00 31,066.00 33,838.00 35,662.00 28,026.00
Gross Profit 41,804.00 45,163.00 46,497.00 46,999.00 36,058.00
Operating Expenses 41,176.00 40,753.00 45,109.00 44,699.00 42,406.00
   Selling, General and Administrative Expenses 1,300.00 1,100.00 1,200.00 1,000.00 1,100.00
   Other Operating Expenses 39,876.00 39,653.00 43,909.00 43,699.00 41,306.00
Operating Income 628.00 4,410.00 1,388.00 2,300.00 -6,348.00
Net Non-Operating Income 463.00 135.00 20.00 -107.00 69.00
Interest Expense 0.00 0.00 0.00 16.00 7.00
Net Interest 331.00 93.00 9.00 0 0
EBT 1,091.00 4,545.00 1,408.00 2,193.00 -6,279.00
Income Tax 264.00 777.00 181.00 839.00 1,378.00
Net Income 827.00 3,768.00 1,227.00 1,354.00 -4,901.00
EBIT 1,091.00 4,545.00 1,408.00 2,209.00 -6,272.00
Deprecation and Amortization 4,731.00 4,626.00 4,431.00 4,307.00 4,214.00
EBITDA 5,822.00 9,171.00 5,839.00 6,516.00 -2,058.00
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 8,493.99 8,339.66 8,363.39 8,709.87 9,062.60
Average Shares Outstanding Diluted 8,783.06 8,369.98 8,394.57 8,720.47 9,062.60
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 4,548.00 4,537.00 1,154.00 3,716.00 -12,527.00
   Operating Net Income 827.00 3,768.00 1,227.00 1,354.00 -4,901.00
   Deprecation and Amortization 4,731.00 4,626.00 4,431.00 4,307.00 4,214.00
   Deferred Income Tax -342.00 -902.00 -10.00 83.00 442.00
   Share Based Compensation 548.00 770.00 1,060.00 797.00 887.00
   Change in Working Capital -1,216.00 -3,725.00 -5,563.00 582.00 -10,930.00
   Other Operating Activities 0.00 0.00 9.00 -3,407.00 -2,239.00
Investing Cash Flow -2,983.00 -576.00 -625.00 -1,001.00 6,256.00
   Capital Expenditure -2,983.00 -576.00 -635.00 -1,001.00 -1,313.00
   Net Purchase/Sale of PPE -2,983.00 -576.00 -625.00 -1,001.00 -1,267.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 2,983.00 576.00 635.00 1,001.00 8,836.00
Financing Cash Flow -1.00 -26.00 -2,171.00 -2,777.00 416.00
   Net Issuance/Repayment of Debt -1.00 -15.00 -373.00 -14.00 416.00
   Net Issuance/Repurchase of Equity 0 11.00 1,798.00 2,738.00 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 0.00 -22.00 -3,596.00 -5,501.00 0.00
Net Change in Cash 1,112.00 4,184.00 -2,180.00 -174.00 -5,576.00
   Cash at Beginning of Period 12,159.00 7,975.00 10,155.00 10,329.00 15,905.00
   Cash at End of Period 13,271.00 12,159.00 7,975.00 10,155.00 10,329.00
Free Cash Flow 1,565.00 3,961.00 519.00 2,715.00 -13,840.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-03-31 2023-12-31 2023-03-31 2022-12-31 2022-03-31 2021-12-31 2021-03-31 2020-12-31
Assets 84,542.00 76,542.00 77,916.00 74,924.00 73,037.00 72,432.00 72,135.00 68,186.00 68,579.00 72,676.00 73,085.00 76,732.00 75,693.00
   Current Assets 49,663.00 54,469.00 59,429.00 50,536.00 50,392.00 50,160.00 51,252.00 45,812.00 47,252.00 50,296.00 50,449.00 52,725.00 51,012.00
      Cash and Short-Term Investments 12,018.00 16,419.00 23,594.00 13,271.00 10,055.00 12,315.00 12,159.00 8,646.00 7,975.00 10,335.00 10,155.00 10,761.00 10,329.00
            Cash and Cash Equivalents 12,018.00 16,419.00 23,594.00 13,271.00 10,055.00 12,315.00 12,159.00 8,646.00 7,975.00 10,335.00 10,155.00 10,761.00 10,329.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 529.00 796.00 301.00 331.00 1,300.00 420.00 264.00 474.00 370.00 719.00 614.00 408.00 350.00
      Inventory 35,947.00 36,199.00 34,350.00 35,556.00 38,149.00 36,675.00 37,993.00 35,873.00 38,227.00 37,751.00 38,084.00 38,891.00 36,779.00
      Other Current Assets 1,169.00 1,055.00 1,184.00 1,378.00 888.00 750.00 836.00 819.00 680.00 1,491.00 1,596.00 2,665.00 3,554.00
   Non-Current Assets 34,879.00 22,073.00 18,487.00 24,388.00 22,645.00 22,272.00 20,883.00 22,374.00 21,327.00 22,380.00 22,636.00 24,007.00 24,681.00
      Property, Plant, Equipment Net 34,000.00 20,409.00 16,782.00 22,658.00 21,498.00 20,952.00 19,542.00 21,916.00 20,904.00 21,943.00 22,199.00 23,508.00 24,162.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 5.00 5.00 6.00 6.00 6.00 6.00
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 170.00 974.00 1,041.00 1,213.00 659.00 880.00 880.00 0 0 2.00 0 63.00 82.00
      Other Non-Current Assets 709.00 690.00 664.00 517.00 488.00 440.00 461.00 453.00 418.00 429.00 431.00 430.00 431.00
Liabilities 31,164.00 19,317.00 21,027.00 17,771.00 15,419.00 15,194.00 15,789.00 15,870.00 17,116.00 20,125.00 21,584.00 25,318.00 23,499.00
   Current Liabilities 9,507.00 11,141.00 13,188.00 9,886.00 7,882.00 7,844.00 8,933.00 6,750.00 8,870.00 10,857.00 12,207.00 14,883.00 12,923.00
      Payables and Expenses 5,971.00 7,687.00 3,407.00 3,811.00 4,802.00 2,215.00 3,325.00 1,030.00 4,514.00 7,805.00 9,088.00 11,808.00 9,379.00
            Account Payables 2,632.00 2,552.00 3,407.00 3,110.00 2,319.00 2,215.00 2,333.00 1,030.00 3,082.00 3,977.00 4,786.00 7,822.00 5,737.00
            Current Accrued Liabilities 2,681.00 2,873.00 0 701.00 2,483.00 0 992.00 0 1,432.00 3,828.00 4,302.00 3,986.00 3,642.00
      Short-Term Debt 3,536.00 3,454.00 3,205.00 3,205.00 3,080.00 3,194.00 3,172.00 3,247.00 2,896.00 3,052.00 3,119.00 3,075.00 3,544.00
      Other Current Liabilities 0.00 0.00 6,576.00 2,870.00 0.00 2,435.00 2,436.00 2,473.00 1,460.00 0.00 0.00 0.00 0.00
   Non-Current Liabilities 21,657.00 8,176.00 7,839.00 7,885.00 7,537.00 7,350.00 6,856.00 9,120.00 8,246.00 9,268.00 9,377.00 10,435.00 10,576.00
      Long-Term Debt 21,443.00 7,961.00 7,514.00 7,561.00 6,912.00 6,743.00 6,254.00 8,344.00 7,470.00 8,436.00 8,545.00 9,579.00 9,720.00
      Other Non-Current Liabilities 214.00 215.00 325.00 324.00 625.00 607.00 602.00 776.00 776.00 832.00 832.00 856.00 856.00
Equity 53,378.00 57,225.00 56,889.00 57,153.00 57,618.00 57,238.00 56,346.00 52,316.00 51,463.00 52,551.00 51,501.00 51,414.00 52,194.00
   Shareholders Equity 53,378.00 57,225.00 56,889.00 57,153.00 57,618.00 57,238.00 56,346.00 52,316.00 51,463.00 52,551.00 51,501.00 51,414.00 52,194.00
      Capital Stock 22.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 24.00 24.00 24.00 25.00
      Share Premium 3,398.00 4,564.00 4,622.00 4,529.00 4,515.00 4,178.00 3,981.00 3,450.00 3,222.00 4,299.00 3,959.00 4,433.00 5,924.00
      Retained Earnings 61,773.00 64,218.00 64,417.00 64,486.00 64,153.00 64,184.00 63,659.00 60,555.00 59,891.00 59,309.00 58,664.00 58,055.00 57,310.00
      Treasury Shares 9,773.00 9,773.00 -9,773.00 -9,773.00 9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00 -9,773.00
      Accumulated Other Comprehensive Income -2,042.00 -1,807.00 -2,400.00 -2,112.00 -1,300.00 -1,374.00 -1,544.00 -1,939.00 -1,900.00 -1,308.00 -1,373.00 -1,325.00 -1,292.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 100.00 0 0 100.00 0 100.00 0 100.00 0 100.00 0
Debt 24,979.00 11,415.00 10,719.00 10,766.00 9,992.00 9,937.00 9,426.00 11,591.00 10,366.00 11,488.00 11,664.00 12,654.00 13,264.00
Net Debt 0 0 0 0 0 0 0 2,945.00 2,391.00 1,153.00 1,509.00 1,893.00 2,935.00
Common Shares Outstanding 8,067.50 8,498.40 8,512.55 8,496.58 8,422.51 8,401.97 8,399.25 8,310.67 8,293.15 8,594.76 8,547.33 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Revenues 17,264.00 17,773.00 19,036.00 37,765.00 17,351.00 0 19,275.00 20,360.00 20,500.00 21,394.00
Cost Of Revenue 7,094.00 7,200.00 8,318.00 16,903.00 7,329.00 0 8,355.00 8,541.00 8,569.00 9,208.00
Gross Profit 10,170.00 10,573.00 10,718.00 20,862.00 10,022.00 0 10,920.00 11,819.00 11,931.00 12,186.00
Operating Expenses 10,848.00 10,507.00 10,456.00 20,616.00 10,289.00 0 10,271.00 10,838.00 11,102.00 11,221.00
   Selling, General and Administrative Expenses 0 0 0 1,300.00 0 0 0 0 0 0
   Other Operating Expenses 0 0 10,456.00 29,605.00 0 0 10,271.00 10,838.00 11,102.00 11,221.00
Operating Income -678.00 66.00 262.00 246.00 -267.00 0 649.00 981.00 829.00 965.00
Net Non-Operating Income -1,253.00 -419.00 16,593.00 406.00 -1.00 0 58.00 -39.00 13.00 3.00
Interest Income 98.00 173.00 0 0 85.00 0 0 0 0 0
Interest Expense 0 0 0.00 0.00 0 0 0.00 0.00 2.00 5.00
Net Interest 0 0 190.00 247.00 0 0 84.00 0 0 0
EBT -1,833.00 -180.00 16,855.00 567.00 -183.00 0 707.00 942.00 842.00 968.00
Income Tax -481.00 19.00 4,179.00 133.00 -51.00 0 182.00 278.00 197.00 223.00
Net Income Including Non-Controlling Interests -1,352.00 -199.00 0 0 -132.00 0 0 0 0 0
Net Income -1,352.00 -199.00 12,676.00 434.00 -132.00 0 525.00 664.00 645.00 745.00
EBIT -678.00 66.00 16,855.00 651.00 -267.00 0 707.00 942.00 844.00 973.00
Deprecation and Amortization 1,767.00 1,471.00 1,286.00 2,325.00 1,166.00 0 1,240.00 1,119.00 1,112.00 1,086.00
EBITDA 1,089.00 1,537.00 18,141.00 2,976.00 899.00 0 1,947.00 2,061.00 1,956.00 2,059.00
EPS -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
Average Shares Outstanding Basic 8,142.44 8,494.55 8,501.20 8,737.29 8,422.51 8,415.80 8,400.35 8,303.12 8,574.89 8,811.75
Average Shares Outstanding Diluted 8,142.44 8,494.55 8,595.32 9,704.32 8,422.51 8,505.07 8,500.35 8,356.17 8,580.18 8,811.75
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Operating Cash Flow -1,035.00 -3,965.00 -536.00 -535.00 1,086.00 797.00 277.00 2,205.00
   Operating Net Income -2,445.00 -199.00 12,676.00 -131.00 525.00 664.00 645.00 745.00
   Deprecation and Amortization 1,767.00 1,471.00 1,286.00 1,166.00 1,240.00 1,119.00 1,112.00 1,086.00
   Deferred Income Tax 803.00 67.00 173.00 111.00 0 0 -1.00 19.00
   Share Based Compensation 127.00 118.00 93.00 180.00 197.00 228.00 340.00 183.00
   Change in Working Capital -2,738.00 -5,422.00 2,912.00 -1,861.00 -876.00 -1,241.00 -969.00 1,075.00
   Other Operating Activities 1,451.00 0.00 -17,676.00 0.00 0.00 27.00 -850.00 -903.00
Investing Cash Flow -1,933.00 -3,326.00 23,566.00 -887.00 -1,227.00 -87.00 -164.00 -116.00
   Capital Expenditure 0 0 -1,331.00 0 -1,227.00 -87.00 -164.00 -116.00
   Net Purchase/Sale of PPE -1,933.00 -28,223.00 23,566.00 -887.00 -1,227.00 -87.00 -164.00 -116.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0
   Other Investing Activities 0.00 24,897.00 1,331.00 0.00 1,227.00 87.00 164.00 116.00
Financing Cash Flow -1,294.00 -176.00 -12,745.00 0 -1.00 0 -4.00 -1,678.00
   Net Issuance/Repayment of Debt 0 0 0 0 -1.00 0 -4.00 -3.00
   Net Issuance/Repurchase of Equity -1,294.00 0 0 0 0 0 0 1,675.00
   Dividends Paid 0 0 12,745.00 0 0 0 0 0
   Other Financing Activities 0.00 0 -25,490.00 0 0.00 0 0.00 -3,350.00
Net Change in Cash -4,262.00 -7,467.00 10,323.00 -1,422.00 156.00 671.00 180.00 432.00
   Cash at Beginning of Period 16,419.00 23,594.00 13,271.00 11,531.00 12,159.00 7,975.00 10,155.00 10,329.00
   Cash at End of Period 12,018.00 16,419.00 23,594.00 10,055.00 12,315.00 8,646.00 10,335.00 10,761.00
Free Cash Flow -2,968.00 -7,291.00 -1,867.00 -1,422.00 -141.00 710.00 113.00 2,089.00