TME
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 2.64 | 2.85 | 3.60 | 3.76 |
| Price to Sales | 0.62 | 0.51 | 0.47 | 0.36 |
| Book Value Per Common Share | 22.02 | 16.54 | 14.01 | 14.84 |
| Price to Book | 0.52 | 0.54 | 0.59 | 0.46 |
| Price to Operating Cash Flow | 1.70 | 1.92 | 1.77 | 2.17 |
| Price to Free Cash Flow | 1.89 | 2.28 | 2.06 | 4.58 |
| Enterprise Value to EBITDA | 35639.61 | 42444.27 | 50312.93 | 48855.56 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 16.67 | 12.34 | 5.15 | 8.87 | 11.81 |
| Price to Sales | 4.24 | 3.53 | 2.99 | 2.34 | 2.66 |
| Book Value Per Common Share | 26.85 | 27.22 | 23.76 | 22.02 | 18.79 |
| Price to Book | 0.87 | 0.72 | 0.61 | 0.52 | 0.64 |
| Price to Operating Cash Flow | 9.74 | 18.20 | 8.74 | 7.04 | 8.61 |
| Price to Free Cash Flow | 9.74 | 18.20 | 8.74 | 12.05 | 8.61 |
| Enterprise Value to EBITDA | 264344.69 | 200612.40 | 91391.61 | 141606.13 | 187379.99 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 36.08 | 37.39 | 26.37 | |
| Revenue YoY | 2.34 | -2.07 | -9.30 | |
| EBITDA YoY | 36.82 | 27.00 | 18.83 | |
| Net Profit YoY | 35.04 | 33.80 | 21.39 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -11.39 | -43.57 | 118.75 | 25.49 | |
| Revenue YoY | 0.25 | 14.76 | -1.37 | 6.32 | |
| EBITDA YoY | -9.12 | -38.38 | 96.72 | 13.67 | |
| Net Profit YoY | -10.63 | -43.86 | 119.26 | 23.63 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 17.64 | 15.08 | 13.04 | 12.30 |
| Quick Ratio | 1.93 | 2.29 | 2.03 | 2.32 |
| Current Ratio | 2.09 | 2.49 | 2.27 | 2.56 |
| Debt to Equity | 0.30 | 0.32 | 0.36 | 0.32 |
| Long-Term Debt to Equity | 0.06 | 0.11 | 0.13 | 0.11 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 14.52 | 14.51 | 17.48 | 17.70 | 18.47 |
| Quick Ratio | 1.81 | 1.57 | 1.60 | 1.93 | 2.06 |
| Current Ratio | 2.09 | 1.87 | 1.83 | 2.09 | 2.26 |
| Debt to Equity | 0.23 | 0.25 | 0.30 | 0.30 | 0.30 |
| Long-Term Debt to Equity | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 7.35 | 6.51 | 5.49 | 4.50 |
| ROE | 9.53 | 8.60 | 7.48 | 5.93 |
| Gross Margin | 42.34 | 35.29 | 30.96 | 30.10 |
| Operating Margin | 31.11 | 22.23 | 15.84 | 12.01 |
| EBITDA Margin | 34.56 | 25.85 | 19.93 | 15.21 |
| Net Profit Margin | 23.39 | 17.73 | 12.98 | 9.69 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 2.05 | 2.23 | 4.37 | 2.16 | 1.87 |
| ROE | 2.52 | 2.79 | 5.71 | 2.81 | 2.43 |
| Gross Margin | 43.51 | 44.41 | 44.07 | 43.62 | 42.64 |
| Operating Margin | 32.15 | 35.47 | 66.05 | 33.12 | 30.98 |
| EBITDA Margin | 32.15 | 35.47 | 66.05 | 33.12 | 30.98 |
| Net Profit Margin | 25.44 | 28.54 | 58.33 | 26.24 | 22.57 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | |||
| Dividend Payout Ratio | 22.70 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 90,444,000.00 | 75,536,000.00 | 67,009,000.00 | 67,254,000.00 |
| Current Assets | 34,544,000.00 | 29,936,000.00 | 26,559,000.00 | 26,791,000.00 |
| Cash and Short-Term Investments | 27,209,000.00 | 23,541,000.00 | 20,883,000.00 | 20,426,000.00 |
| Cash and Cash Equivalents | 13,164,000.00 | 13,567,000.00 | 9,555,000.00 | 6,591,000.00 |
| Short-Term Investments | 14,045,000.00 | 9,974,000.00 | 11,328,000.00 | 13,835,000.00 |
| Net Receivables | 4,799,000.00 | 3,912,000.00 | 2,923,000.00 | 3,797,000.00 |
| Inventory | 23,000.00 | 8,000.00 | 14,000.00 | 24,000.00 |
| Other Current Assets | 2,513,000.00 | 2,475,000.00 | 2,739,000.00 | 2,544,000.00 |
| Non-Current Assets | 55,900,000.00 | 45,600,000.00 | 40,450,000.00 | 40,463,000.00 |
| Property, Plant, Equipment Net | 1,098,000.00 | 857,000.00 | 721,000.00 | 526,000.00 |
| Goodwill | 19,647,000.00 | 19,542,000.00 | 19,493,000.00 | 19,121,000.00 |
| Intangible Assets | 4,413,000.00 | 4,469,000.00 | 4,848,000.00 | 4,324,000.00 |
| Long-Term Investments | 29,895,000.00 | 19,840,000.00 | 14,332,000.00 | 15,403,000.00 |
| Non-Current Deferred Assets | 422,000.00 | 352,000.00 | 347,000.00 | 346,000.00 |
| Other Non-Current Assets | 425,000.00 | 540,000.00 | 709,000.00 | 743,000.00 |
| Liabilities | 20,718,000.00 | 18,334,000.00 | 17,882,000.00 | 16,199,000.00 |
| Current Liabilities | 16,550,000.00 | 12,014,000.00 | 11,717,000.00 | 10,450,000.00 |
| Payables and Expenses | 10,855,000.00 | 8,848,000.00 | 9,285,000.00 | 8,405,000.00 |
| Account Payables | 6,879,000.00 | 5,006,000.00 | 4,998,000.00 | 4,329,000.00 |
| Current Accrued Liabilities | 2,299,000.00 | 2,179,000.00 | 2,825,000.00 | 3,133,000.00 |
| Short-Term Debt | 2,260,000.00 | 115,000.00 | 123,000.00 | 92,000.00 |
| Other Current Liabilities | 3,435,000.00 | 3,051,000.00 | 2,309,000.00 | 1,953,000.00 |
| Non-Current Liabilities | 4,168,000.00 | 6,320,000.00 | 6,165,000.00 | 5,749,000.00 |
| Long-Term Debt | 3,791,000.00 | 5,933,000.00 | 5,842,000.00 | 5,267,000.00 |
| Other Non-Current Liabilities | 377,000.00 | 387,000.00 | 323,000.00 | 482,000.00 |
| Equity | 69,726,000.00 | 57,202,000.00 | 49,127,000.00 | 51,055,000.00 |
| Shareholders Equity | 67,863,000.00 | 55,907,000.00 | 48,099,000.00 | 50,317,000.00 |
| Capital Stock | 2,000.00 | 2,000.00 | 2,000.00 | 2,000.00 |
| Share Premium | 29,035,000.00 | 36,576,000.00 | 36,456,000.00 | 36,238,000.00 |
| Retained Earnings | 20,051,000.00 | 16,969,000.00 | 12,052,000.00 | 14,194,000.00 |
| Treasury Shares | 550,000.00 | 6,996,000.00 | 6,349,000.00 | 3,660,000.00 |
| Accumulated Other Comprehensive Income | 19,845,000.00 | 9,658,000.00 | 6,140,000.00 | 3,726,000.00 |
| Minority Interest | 1,863,000.00 | 1,295,000.00 | 1,028,000.00 | 738,000.00 |
| Debt | 6,051,000.00 | 6,048,000.00 | 5,965,000.00 | 5,359,000.00 |
| Common Shares Outstanding | 3,081,835.25 | 3,379,247.77 | 3,432,154.26 | 3,390,154.26 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 28,401,000.00 | 27,752,000.00 | 28,339,000.00 | 31,244,000.00 |
| Cost Of Revenue | 16,376,000.00 | 17,957,000.00 | 19,566,000.00 | 21,840,000.00 |
| Interest Income | 1,196,000.00 | 1,052,000.00 | 711,000.00 | 530,000.00 |
| Interest Expense | 124,000.00 | 124,000.00 | 115,000.00 | 120,000.00 |
| Non-Interest Expense | 4,676,000.00 | 5,018,000.00 | 5,557,000.00 | 6,687,000.00 |
| Gross Profit | 12,025,000.00 | 9,795,000.00 | 8,773,000.00 | 9,404,000.00 |
| Operating Expenses | 4,586,000.00 | 4,823,000.00 | 5,241,000.00 | 6,294,000.00 |
| Selling, General and Administrative Expenses | 4,676,000.00 | 5,018,000.00 | 5,557,000.00 | 6,687,000.00 |
| Other Operating Expenses | -90,000.00 | -195,000.00 | -316,000.00 | -393,000.00 |
| Operating Income | 7,439,000.00 | 4,972,000.00 | 3,532,000.00 | 3,110,000.00 |
| Net Non-Operating Income | 131,000.00 | 27,000.00 | 18,000.00 | 30,000.00 |
| EBT | 8,712,000.00 | 6,045,000.00 | 4,373,000.00 | 3,632,000.00 |
| Income Tax | 1,603,000.00 | 825,000.00 | 534,000.00 | 417,000.00 |
| Net Income Including Non-Controlling Interests | 7,109,000.00 | 5,220,000.00 | 3,839,000.00 | 3,215,000.00 |
| Net Income Non-Controlling Interests | -465,000.00 | -300,000.00 | -162,000.00 | -186,000.00 |
| Net Income | 6,644,000.00 | 4,920,000.00 | 3,677,000.00 | 3,029,000.00 |
| EBIT | 8,836,000.00 | 6,169,000.00 | 4,488,000.00 | 3,752,000.00 |
| Deprecation and Amortization | 978,000.00 | 1,004,000.00 | 1,160,000.00 | 1,001,000.00 |
| EBITDA | 9,814,000.00 | 7,173,000.00 | 5,648,000.00 | 4,753,000.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 1,542,115.01 | 1,560,826.84 | 1,601,997.99 | 1,660,533.59 |
| Average Shares Outstanding Diluted | 1,565,430.86 | 1,584,193.02 | 1,617,253.68 | 1,681,522.88 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 10,275,000.00 | 7,337,000.00 | 7,481,000.00 | 5,239,000.00 |
| Operating Net Income | 8,712,000.00 | 6,045,000.00 | 4,373,000.00 | 3,632,000.00 |
| Deprecation and Amortization | 978,000.00 | 1,004,000.00 | 1,160,000.00 | 1,001,000.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 596,000.00 | 649,000.00 | 665,000.00 | 647,000.00 |
| Change in Working Capital | 1,556,000.00 | 786,000.00 | 2,221,000.00 | 573,000.00 |
| Other Operating Activities | -1,567,000.00 | -1,147,000.00 | -938,000.00 | -614,000.00 |
| Investing Cash Flow | -6,818,000.00 | -1,863,000.00 | -1,446,000.00 | -5,999,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -319,000.00 | -165,000.00 | -85,000.00 | -159,000.00 |
| Net Purchase/Sale of Investments Net | -5,828,000.00 | -860,000.00 | -327,000.00 | -1,255,000.00 |
| Net Purchase/Sale of Business | -41,000.00 | 57,000.00 | -144,000.00 | -2,075,000.00 |
| Other Investing Activities | -630,000.00 | -895,000.00 | -890,000.00 | -2,510,000.00 |
| Financing Cash Flow | -3,830,000.00 | -1,538,000.00 | -3,419,000.00 | -3,710,000.00 |
| Net Issuance/Repayment of Debt | -134,000.00 | -116,000.00 | -130,000.00 | -116,000.00 |
| Net Issuance/Repurchase of Equity | -1,925,000.00 | -1,197,000.00 | -3,124,000.00 | -3,466,000.00 |
| Dividends Paid | -1,508,000.00 | 0 | 0 | 0 |
| Other Financing Activities | -263,000.00 | -225,000.00 | -165,000.00 | -128,000.00 |
| Net Change in Cash | -373,000.00 | 3,936,000.00 | 2,616,000.00 | -4,470,000.00 |
| Cash at Beginning of Period | 13,567,000.00 | 9,555,000.00 | 6,591,000.00 | 11,128,000.00 |
| Cash at End of Period | 13,164,000.00 | 13,567,000.00 | 9,555,000.00 | 6,591,000.00 |
| Free Cash Flow | 9,243,000.00 | 6,173,000.00 | 6,428,000.00 | 2,481,000.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 104,866,000.00 | 107,873,000.00 | 98,084,000.00 | 90,444,000.00 | 84,613,000.00 |
| Current Assets | 29,917,000.00 | 30,877,000.00 | 34,176,000.00 | 34,544,000.00 | 34,526,000.00 |
| Cash and Short-Term Investments | 22,320,000.00 | 22,196,000.00 | 26,691,000.00 | 27,209,000.00 | 28,563,000.00 |
| Cash and Cash Equivalents | 11,255,000.00 | 10,999,000.00 | 12,022,000.00 | 13,164,000.00 | 10,209,000.00 |
| Short-Term Investments | 11,065,000.00 | 11,197,000.00 | 14,669,000.00 | 14,045,000.00 | 18,354,000.00 |
| Net Receivables | 3,682,000.00 | 3,729,000.00 | 3,201,000.00 | 4,799,000.00 | 2,935,000.00 |
| Inventory | 57,000.00 | 32,000.00 | 18,000.00 | 23,000.00 | 18,000.00 |
| Other Current Assets | 3,858,000.00 | 4,920,000.00 | 4,266,000.00 | 2,513,000.00 | 3,010,000.00 |
| Non-Current Assets | 74,949,000.00 | 76,996,000.00 | 63,908,000.00 | 55,900,000.00 | 50,087,000.00 |
| Property, Plant, Equipment Net | 1,358,000.00 | 1,273,000.00 | 1,197,000.00 | 1,098,000.00 | 1,016,000.00 |
| Goodwill | 20,517,000.00 | 20,465,000.00 | 19,648,000.00 | 19,647,000.00 | 19,647,000.00 |
| Intangible Assets | 5,252,000.00 | 5,374,000.00 | 4,374,000.00 | 4,413,000.00 | 4,378,000.00 |
| Long-Term Investments | 46,911,000.00 | 49,190,000.00 | 37,984,000.00 | 29,895,000.00 | 24,204,000.00 |
| Non-Current Deferred Assets | 538,000.00 | 431,000.00 | 393,000.00 | 422,000.00 | 388,000.00 |
| Other Non-Current Assets | 373,000.00 | 263,000.00 | 312,000.00 | 425,000.00 | 454,000.00 |
| Liabilities | 19,433,000.00 | 21,498,000.00 | 22,885,000.00 | 20,718,000.00 | 19,384,000.00 |
| Current Liabilities | 14,348,000.00 | 16,496,000.00 | 18,630,000.00 | 16,550,000.00 | 15,271,000.00 |
| Payables and Expenses | 10,836,000.00 | 10,817,000.00 | 13,061,000.00 | 10,855,000.00 | 10,132,000.00 |
| Account Payables | 6,619,000.00 | 6,956,000.00 | 7,296,000.00 | 6,879,000.00 | 6,523,000.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 2,299,000.00 | 0 |
| Short-Term Debt | 104,000.00 | 2,251,000.00 | 2,256,000.00 | 2,260,000.00 | 2,208,000.00 |
| Other Current Liabilities | 3,408,000.00 | 3,428,000.00 | 3,313,000.00 | 3,435,000.00 | 2,931,000.00 |
| Non-Current Liabilities | 5,085,000.00 | 5,002,000.00 | 4,255,000.00 | 4,168,000.00 | 4,113,000.00 |
| Long-Term Debt | 3,761,000.00 | 3,791,000.00 | 3,819,000.00 | 3,791,000.00 | 3,716,000.00 |
| Other Non-Current Liabilities | 1,324,000.00 | 1,211,000.00 | 436,000.00 | 377,000.00 | 397,000.00 |
| Equity | 85,433,000.00 | 86,375,000.00 | 75,199,000.00 | 69,726,000.00 | 65,229,000.00 |
| Shareholders Equity | 82,751,000.00 | 83,878,000.00 | 73,237,000.00 | 67,863,000.00 | 63,485,000.00 |
| Capital Stock | 2,000.00 | 2,000.00 | 2,000.00 | 2,000.00 | 2,000.00 |
| Share Premium | 29,895,000.00 | 29,463,000.00 | 29,176,000.00 | 29,035,000.00 | 36,702,000.00 |
| Retained Earnings | 27,188,000.00 | 25,036,000.00 | 22,642,000.00 | 20,051,000.00 | 18,106,000.00 |
| Treasury Shares | 664,000.00 | 939,000.00 | 1,009,000.00 | 550,000.00 | 7,538,000.00 |
| Accumulated Other Comprehensive Income | 27,124,000.00 | 30,861,000.00 | 22,966,000.00 | 19,845,000.00 | 16,727,000.00 |
| Minority Interest | 2,682,000.00 | 2,497,000.00 | 1,962,000.00 | 1,863,000.00 | 1,744,000.00 |
| Debt | 3,865,000.00 | 6,042,000.00 | 6,075,000.00 | 6,051,000.00 | 5,924,000.00 |
| Common Shares Outstanding | 3,081,835.25 | 3,081,835.25 | 3,081,835.25 | 3,081,835.25 | 3,379,247.77 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 8,463,000.00 | 8,442,000.00 | 7,356,000.00 | 7,458,000.00 | 7,015,000.00 |
| Cost Of Revenue | 4,781,000.00 | 4,693,000.00 | 4,114,000.00 | 4,205,000.00 | 4,024,000.00 |
| Interest Income | 245,000.00 | 254,000.00 | 297,000.00 | 315,000.00 | 299,000.00 |
| Interest Expense | 32,000.00 | 12,000.00 | 25,000.00 | -29,000.00 | 97,000.00 |
| Non-Interest Expense | 1,311,000.00 | 1,156,000.00 | 1,143,000.00 | 1,174,000.00 | 1,218,000.00 |
| Gross Profit | 3,682,000.00 | 3,749,000.00 | 3,242,000.00 | 3,253,000.00 | 2,991,000.00 |
| Operating Expenses | 1,311,000.00 | 1,156,000.00 | 1,143,000.00 | 1,084,000.00 | 1,218,000.00 |
| Selling, General and Administrative Expenses | 1,311,000.00 | 1,156,000.00 | 1,143,000.00 | 1,174,000.00 | 1,218,000.00 |
| Operating Income | 2,371,000.00 | 2,593,000.00 | 2,099,000.00 | 2,169,000.00 | 1,773,000.00 |
| Net Non-Operating Income | 94,000.00 | 131,000.00 | 2,440,000.00 | -19,000.00 | 72,000.00 |
| EBT | 2,689,000.00 | 2,982,000.00 | 4,834,000.00 | 2,499,000.00 | 2,076,000.00 |
| Income Tax | 477,000.00 | 515,000.00 | 446,000.00 | 423,000.00 | 367,000.00 |
| Net Income Including Non-Controlling Interests | 2,212,000.00 | 2,467,000.00 | 4,388,000.00 | 2,076,000.00 | 1,709,000.00 |
| Net Income Non-Controlling Interests | -59,000.00 | -58,000.00 | -97,000.00 | -119,000.00 | -126,000.00 |
| Net Income | 2,153,000.00 | 2,409,000.00 | 4,291,000.00 | 1,957,000.00 | 1,583,000.00 |
| EBIT | 2,721,000.00 | 2,994,000.00 | 4,859,000.00 | 2,470,000.00 | 2,173,000.00 |
| EBITDA | 2,721,000.00 | 2,994,000.00 | 4,859,000.00 | 2,470,000.00 | 2,173,000.00 |
| 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 | 1,537,258.69 | 1,529,891.54 | 1,527,261.09 | 1,537,594.52 | 1,546,150.29 |
| Average Shares Outstanding Diluted | 1,559,235.66 | 1,551,468.77 | 1,546,504.27 | 1,556,171.43 | 1,567,356.60 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 3,683,000.00 | 1,638,000.00 | 2,519,000.00 | 2,480,000.00 | 2,165,000.00 |
| Operating Net Income | 0 | 0 | 0 | 0 | 0 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | 0 | 0 | 0 |
| Other Operating Activities | 3,683,000.00 | 1,638,000.00 | 2,519,000.00 | 2,480,000.00 | 2,165,000.00 |
| Investing Cash Flow | -1,244,000.00 | -633,000.00 | -3,221,000.00 | 1,324,000.00 | -3,337,000.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -1,244,000.00 | -633,000.00 | -3,221,000.00 | 1,324,000.00 | -3,337,000.00 |
| Financing Cash Flow | -2,122,000.00 | -2,056,000.00 | -456,000.00 | -815,000.00 | -882,000.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -2,122,000.00 | -2,056,000.00 | -456,000.00 | -815,000.00 | -882,000.00 |
| Net Change in Cash | 317,000.00 | -1,051,000.00 | -1,158,000.00 | 2,989,000.00 | -2,054,000.00 |
| Cash at Beginning of Period | 10,999,000.00 | 12,022,000.00 | 13,164,000.00 | 10,209,000.00 | 12,251,000.00 |
| Cash at End of Period | 11,255,000.00 | 10,999,000.00 | 12,022,000.00 | 13,164,000.00 | 10,209,000.00 |
| Free Cash Flow | 3,683,000.00 | 1,638,000.00 | 2,519,000.00 | 1,448,000.00 | 2,165,000.00 |