TOPS
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 5.53 | -1.26 | -0.42 | 5.96 |
| Price to Sales | 0.32 | 0.34 | 0.16 | 0.57 |
| Book Value Per Common Share | 31.22 | 39.64 | 229.66 | 658.95 |
| Price to Book | 0.19 | 0.39 | 0.07 | 0.30 |
| Price to Operating Cash Flow | 1.61 | 0.97 | 0.39 | 2.00 |
| Price to Free Cash Flow | 1.61 | 0.97 | -0.07 | -0.32 |
| Enterprise Value to EBITDA | 5578.89 | 14083.25 | 2493.87 | 10953.49 |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| Price to Earnings | ||
| Price to Sales | ||
| Book Value Per Common Share | 31.22 | 30.55 |
| Price to Book | 0.19 | 0.36 |
| Price to Operating Cash Flow | ||
| Price to Free Cash Flow | ||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | 3.83 | 2.84 | 43.09 | |
| EBITDA YoY | -2.49 | -2.28 | 72.88 | |
| Net Profit YoY |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| Earning YoY | ||
| Revenue YoY | ||
| EBITDA YoY | ||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.65 | 19.99 | 23.95 | 14.76 |
| Quick Ratio | 0.26 | 0.88 | 0.64 | 0.02 |
| Current Ratio | 0.71 | 0.94 | 0.71 | 0.70 |
| Debt to Equity | 1.93 | 1.50 | 1.38 | 2.02 |
| Long-Term Debt to Equity | 1.70 | 1.28 | 1.22 | 1.05 |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| Cash Per Common Share | 1.65 | 3.63 |
| Quick Ratio | 0.26 | 0.56 |
| Current Ratio | 0.71 | 0.63 |
| Debt to Equity | 1.93 | 2.04 |
| Long-Term Debt to Equity | 1.70 | 1.81 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 1.19 | -4.87 | -1.96 | 1.63 |
| ROE | 3.49 | -12.20 | -4.66 | 4.93 |
| Gross Margin | 43.74 | 45.36 | 44.95 | 36.37 |
| Operating Margin | 31.24 | 33.45 | 38.01 | 26.17 |
| EBITDA Margin | 58.11 | 61.88 | 65.12 | 53.90 |
| Net Profit Margin | 5.84 | -26.97 | -11.39 | 9.57 |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| ROA | ||
| ROE | ||
| Gross Margin | ||
| Operating Margin | ||
| EBITDA Margin | ||
| Net Profit Margin |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.01 | 0.00 | |
| Dividend Payout Ratio | -26.87 | -145.40 | 32.97 |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| Dividend Yield | ||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 422,772.00 | 459,189.00 | 469,337.00 | 330,788.00 |
| Current Assets | 23,439.00 | 38,733.00 | 22,892.00 | 75,334.00 |
| Cash and Short-Term Investments | 7,629.00 | 35,956.00 | 20,544.00 | 2,370.00 |
| Cash and Cash Equivalents | 7,629.00 | 35,956.00 | 20,544.00 | 2,370.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 1,113.00 | 317.00 | 8.00 | 76.00 |
| Inventory | 983.00 | 915.00 | 1,026.00 | 671.00 |
| Other Current Assets | 13,714.00 | 1,545.00 | 1,314.00 | 72,217.00 |
| Non-Current Assets | 399,333.00 | 420,456.00 | 446,445.00 | 255,454.00 |
| Property, Plant, Equipment Net | 361,879.00 | 394,691.00 | 418,272.00 | 224,977.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 8,054.00 | 19,635.00 | 22,173.00 | 24,477.00 |
| Non-Current Deferred Assets | 0 | 130.00 | 0 | 0 |
| Other Non-Current Assets | 29,400.00 | 6,000.00 | 6,000.00 | 0 |
| Liabilities | 278,352.00 | 275,809.00 | 272,314.00 | 221,424.00 |
| Current Liabilities | 33,194.00 | 41,372.00 | 32,235.00 | 107,088.00 |
| Payables and Expenses | 5,983.00 | 8,359.00 | 4,251.00 | 33,208.00 |
| Account Payables | 1,821.00 | 1,356.00 | 1,953.00 | 2,308.00 |
| Current Accrued Liabilities | 2,993.00 | 2,355.00 | 2,061.00 | 1,145.00 |
| Short-Term Debt | 20,559.00 | 26,398.00 | 20,954.00 | 70,222.00 |
| Other Current Liabilities | 6,652.00 | 6,615.00 | 7,030.00 | 3,658.00 |
| Non-Current Liabilities | 245,158.00 | 234,437.00 | 240,079.00 | 114,336.00 |
| Long-Term Debt | 245,056.00 | 234,437.00 | 239,979.00 | 114,111.00 |
| Other Non-Current Liabilities | 102.00 | 0.00 | 100.00 | 225.00 |
| Equity | 144,420.00 | 183,380.00 | 197,023.00 | 109,364.00 |
| Shareholders Equity | 144,420.00 | 183,380.00 | 197,023.00 | 109,364.00 |
| Capital Stock | 47.00 | 43,963.00 | 86,361.00 | 16,163.00 |
| Share Premium | 451,079.00 | 451,157.00 | 428,468.00 | 429,955.00 |
| Retained Earnings | -306,706.00 | -311,740.00 | -317,806.00 | -336,754.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 265,615.00 | 260,835.00 | 260,933.00 | 184,333.00 |
| Net Debt | 237,427.00 | 197,124.00 | 204,097.00 | 148,200.00 |
| Common Shares Outstanding | 4,626.20 | 4,626.20 | 857.91 | 165.97 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 86,127.00 | 82,949.00 | 80,656.00 | 56,367.00 |
| Cost Of Revenue | 48,451.00 | 45,325.00 | 44,405.00 | 35,867.00 |
| Interest Income | 467.00 | 346.00 | 48.00 | 0 |
| Interest Expense | 21,869.00 | 21,679.00 | 11,711.00 | 6,138.00 |
| Non-Interest Expense | 7,506.00 | 6,697.00 | 1,617.00 | 1,943.00 |
| Gross Profit | 37,676.00 | 37,624.00 | 36,251.00 | 20,500.00 |
| Operating Expenses | 9,772.00 | 8,897.00 | 3,710.00 | 4,539.00 |
| Selling, General and Administrative Expenses | 7,506.00 | 6,697.00 | 1,617.00 | 1,943.00 |
| Other Operating Expenses | 2,266.00 | 2,200.00 | 2,093.00 | 2,596.00 |
| Operating Income | 27,904.00 | 28,727.00 | 32,541.00 | 15,961.00 |
| EBT | 5,034.00 | 6,066.00 | 18,948.00 | 8,616.00 |
| Income Tax | 0 | 0 | 0 | 0 |
| Net Income Including Non-Controlling Interests | 5,034.00 | 6,066.00 | 18,948.00 | 8,616.00 |
| Net Income | 5,034.00 | -22,370.00 | -9,187.00 | 5,396.00 |
| EBIT | 26,903.00 | 27,745.00 | 30,659.00 | 14,754.00 |
| Deprecation and Amortization | 23,146.00 | 23,581.00 | 21,864.00 | 15,627.00 |
| EBITDA | 50,049.00 | 51,326.00 | 52,523.00 | 30,381.00 |
| EPS | 0.00 | -0.01 | -0.04 | 0.03 |
| Diluted EPS | 0.00 | -0.01 | -0.04 | 0.03 |
| Average Shares Outstanding Basic | 4,626.20 | 1,798.76 | 857.91 | 160.59 |
| Average Shares Outstanding Diluted | 4,626.20 | 1,798.76 | 857.91 | 160.59 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 17,322.00 | 28,933.00 | 33,419.00 | 16,061.00 |
| Operating Net Income | 5,034.00 | 6,066.00 | 18,948.00 | 8,616.00 |
| Deprecation and Amortization | 23,146.00 | 23,581.00 | 21,864.00 | 15,627.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | -16.00 | -34.00 |
| Change in Working Capital | -13,702.00 | -5,458.00 | -9,806.00 | -10,859.00 |
| Other Operating Activities | 2,844.00 | 4,744.00 | 2,429.00 | 2,711.00 |
| Investing Cash Flow | -12,401.00 | 2,520.00 | -142,656.00 | -76,651.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | -144,960.00 | -79,627.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 11,599.00 | 2,520.00 | 2,304.00 | 2,976.00 |
| Other Investing Activities | -24,000.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -33,248.00 | -16,041.00 | 127,411.00 | 43,632.00 |
| Net Issuance/Repayment of Debt | 19,008.00 | 5,616.00 | 87,308.00 | 46,487.00 |
| Net Issuance/Repurchase of Equity | -43,916.00 | -12,731.00 | 54,142.00 | 0 |
| Dividends Paid | 0 | -6,010.00 | -13,358.00 | -1,779.00 |
| Other Financing Activities | -8,340.00 | -2,916.00 | -681.00 | -1,076.00 |
| Net Change in Cash | -28,327.00 | 15,412.00 | 18,174.00 | -16,958.00 |
| Cash at Beginning of Period | 39,956.00 | 24,544.00 | 6,370.00 | 23,328.00 |
| Cash at End of Period | 11,629.00 | 39,956.00 | 24,544.00 | 6,370.00 |
| Free Cash Flow | 17,322.00 | 28,933.00 | -183,295.00 | -99,452.00 |
| Breakdown | 2024-12-31 | 2024-06-30 |
|---|---|---|
| Assets | 422,772.00 | 430,219.00 |
| Current Assets | 23,439.00 | 21,065.00 |
| Cash and Short-Term Investments | 7,629.00 | 16,799.00 |
| Cash and Cash Equivalents | 7,629.00 | 16,799.00 |
| Short-Term Investments | 0 | 0 |
| Net Receivables | 1,113.00 | 1,752.00 |
| Inventory | 983.00 | 945.00 |
| Other Current Assets | 13,714.00 | 1,569.00 |
| Non-Current Assets | 399,333.00 | 409,154.00 |
| Property, Plant, Equipment Net | 361,879.00 | 383,218.00 |
| Goodwill | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Long-Term Investments | 8,054.00 | 18,699.00 |
| Non-Current Deferred Assets | 0 | 0 |
| Other Non-Current Assets | 29,400.00 | 7,237.00 |
| Liabilities | 278,352.00 | 288,878.00 |
| Current Liabilities | 33,194.00 | 33,249.00 |
| Payables and Expenses | 5,983.00 | 4,840.00 |
| Account Payables | 1,821.00 | 1,348.00 |
| Current Accrued Liabilities | 2,993.00 | 3,492.00 |
| Short-Term Debt | 20,559.00 | 21,662.00 |
| Other Current Liabilities | 6,652.00 | 6,747.00 |
| Non-Current Liabilities | 245,158.00 | 255,629.00 |
| Long-Term Debt | 245,056.00 | 255,392.00 |
| Other Non-Current Liabilities | 102.00 | 237.00 |
| Equity | 144,420.00 | 141,341.00 |
| Shareholders Equity | 144,420.00 | 141,341.00 |
| Capital Stock | 47.00 | 47.00 |
| Share Premium | 451,079.00 | 451,095.00 |
| Retained Earnings | -306,706.00 | -309,801.00 |
| Treasury Shares | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 |
| Minority Interest | 0 | 0 |
| Debt | 265,615.00 | 277,054.00 |
| Net Debt | 237,427.00 | 249,408.00 |
| Common Shares Outstanding | 4,626.20 | 4,626.20 |
| Breakdown |
|---|
| EBT |
| Income Tax |
| Net Income |
| EPS |
| Average Shares Outstanding Basic |
| Breakdown |
|---|
| Operating Cash Flow |
| Operating Net Income |
| Deprecation and Amortization |
| Deferred Income Tax |
| Share Based Compensation |
| Change in Working Capital |
| Other Operating Activities |
| Investing Cash Flow |
| Capital Expenditure |
| Net Purchase/Sale of PPE |
| Net Purchase/Sale of Investments Net |
| Net Purchase/Sale of Business |
| Other Investing Activities |
| Financing Cash Flow |
| Net Issuance/Repayment of Debt |
| Net Issuance/Repurchase of Equity |
| Dividends Paid |
| Other Financing Activities |
| Net Change in Cash |
| Cash at Beginning of Period |
| Cash at End of Period |
| Free Cash Flow |