TRNO
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 30.80 | 34.62 | 21.79 | 69.34 | 50.01 |
| Price to Sales | 14.76 | 16.11 | 15.54 | 27.11 | 21.22 |
| Book Value Per Common Share | 36.90 | 33.31 | 29.54 | 27.41 | 49.30 |
| Price to Book | 1.60 | 1.88 | 1.93 | 3.11 | 1.19 |
| Price to Operating Cash Flow | 24.28 | 29.01 | 29.98 | 45.50 | 39.24 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 23.84 | 40.63 | 131.71 | 58.62 | 76.86 | 166.00 | 50.27 | 77.05 | 222.76 | 28.80 | 35.95 | 284.81 | 80.04 | 131.67 | 240.71 | ||||
| Price to Sales | 17.11 | 25.64 | 57.69 | 22.58 | 30.56 | 69.41 | 19.73 | 31.77 | 69.14 | 19.93 | 32.40 | 86.96 | 27.28 | 42.87 | 78.18 | ||||
| Book Value Per Common Share | 38.84 | 38.36 | 37.90 | 36.90 | 36.60 | 35.76 | 35.81 | 33.31 | 32.25 | 32.49 | 32.54 | 28.45 | 28.35 | 27.35 | 27.41 | 24.65 | 24.25 | 47.29 | 49.30 |
| Price to Book | 1.46 | 1.46 | 1.67 | 1.60 | 1.83 | 1.65 | 1.85 | 1.88 | 1.76 | 1.85 | 1.99 | 1.86 | 1.97 | 2.71 | 3.11 | 2.57 | 2.66 | 1.22 | 1.19 |
| Price to Operating Cash Flow | 28.77 | 46.78 | 103.71 | 34.73 | 49.20 | 125.45 | 33.27 | 56.08 | 133.03 | 36.61 | 66.31 | 198.63 | 44.69 | 75.28 | 151.51 | ||||
| Price to Free Cash Flow | |||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | 6.08 | -30.65 | 112.20 | 5.13 | |
| Revenue YoY | 18.24 | 17.15 | 24.46 | 18.75 | |
| EBITDA YoY | |||||
| Net Profit YoY | 21.81 | -23.51 | 126.94 | 9.35 |
| 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 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 72.46 | 187.50 | 48.05 | 92.50 | 44.87 | 168.97 | 18.71 | 496.15 | 61.22 | 104.17 | |||||||||
| Revenue YoY | 52.21 | 101.64 | 55.58 | 110.84 | 53.78 | 106.54 | 54.71 | 102.08 | 55.07 | 105.14 | |||||||||
| EBITDA YoY | |||||||||||||||||||
| Net Profit YoY | 73.11 | 193.81 | 51.06 | 98.99 | 47.68 | 172.53 | 19.23 | 493.51 | 63.51 | 106.90 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.19 | 1.99 | 0.35 | 2.90 | 1.58 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 0.30 | 0.34 | 0.42 | 0.42 | 0.35 |
| Long-Term Debt to Equity |
| 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 | 2022-09-30 | 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 | 0.26 | 1.26 | 1.55 | 0.18 | 2.59 | 1.97 | 7.31 | 1.89 | 1.17 | 0.72 | 0.14 | 0.13 | 0.10 | 1.41 | 2.72 | 0.99 | 0.58 | 0.43 | 1.59 |
| Quick Ratio | |||||||||||||||||||
| Current Ratio | |||||||||||||||||||
| Debt to Equity | 0.33 | 0.26 | 0.26 | 0.30 | 0.26 | 0.30 | 0.29 | 0.34 | 0.37 | 0.37 | 0.38 | 0.44 | 0.42 | 0.42 | 0.42 | 0.41 | 0.32 | 0.33 | 0.35 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 3.87 | 3.88 | 6.26 | 2.98 | 3.73 |
| ROE | 5.04 | 5.20 | 8.88 | 4.24 | 5.02 |
| Gross Margin | |||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 48.22 | 46.81 | 71.69 | 39.32 | 42.70 |
| 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 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 4.59 | 2.84 | 0.98 | 2.37 | 1.61 | 0.81 | 2.51 | 1.75 | 0.65 | 4.48 | 3.85 | 0.67 | 2.23 | 1.49 | 0.75 | ||||
| ROE | 6.13 | 3.59 | 1.24 | 2.99 | 2.09 | 1.05 | 3.43 | 2.40 | 0.90 | 6.47 | 5.48 | 0.96 | 3.14 | 1.98 | 1.00 | ||||
| Gross Margin | |||||||||||||||||||
| Operating Margin | |||||||||||||||||||
| EBITDA Margin | |||||||||||||||||||
| Net Profit Margin | 72.23 | 63.51 | 43.58 | 38.86 | 40.02 | 42.41 | 39.60 | 41.24 | 31.25 | 69.50 | 90.18 | 30.71 | 34.10 | 32.35 | 32.07 |
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 | 2022-09-30 | 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 | 4,770,156.00 | 3,904,677.00 | 3,164,441.00 | 2,924,215.00 | 2,139,820.00 |
| Cash and Short-Term Investments | 18,070.00 | 165,400.00 | 26,393.00 | 204,404.00 | 107,180.00 |
| Cash and Cash Equivalents | 18,070.00 | 165,400.00 | 26,393.00 | 204,404.00 | 107,180.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 3,400.00 | 1,200.00 | 600.00 | 500.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 4,913,435.00 | 3,900,511.00 | 3,275,229.00 | 2,832,700.00 | 2,142,769.00 |
| Real Estate | 10,250,120.00 | 4,047,840.00 | 3,398,774.00 | 3,225,888.00 | 2,231,228.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 208,475.00 | 147,329.00 | 123,545.00 | 114,126.00 | 88,859.00 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,107,824.00 | 990,050.00 | 934,590.00 | 866,252.00 | 551,636.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 3,662,332.00 | 2,914,627.00 | 2,229,851.00 | 2,057,963.00 | 1,588,184.00 |
| Shareholders Equity | 3,662,332.00 | 2,914,627.00 | 2,229,851.00 | 2,057,963.00 | 3,315,592.00 |
| Capital Stock | 994.00 | 876.00 | 765.00 | 752.00 | 686.00 |
| Share Premium | 3,597,148.00 | 2,849,961.00 | 2,167,276.00 | 2,069,604.00 | 1,589,301.00 |
| Retained Earnings | 95,287.00 | 95,578.00 | 88,272.00 | 2,804.00 | 5,926.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | -183.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 4,661,615.00 | 1,200.00 | 600.00 | 2,667,764.00 | 900.00 |
| Debt | 741,437.00 | 771,563.00 | 770,818.00 | 720,670.00 | 459,118.00 |
| Net Debt | 723,367.00 | 606,163.00 | 744,425.00 | 516,266.00 | 351,938.00 |
| Common Shares Outstanding | 99,238.00 | 87,487.10 | 0 | 75,068.57 | 67,252.79 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 382,621.00 | 323,590.00 | 276,212.00 | 221,930.00 | 186,884.00 |
| Selling, General and Administrative Expenses | 42,587.00 | 37,935.00 | 31,192.00 | 26,964.00 | 23,489.00 |
| Net Non-Operating Income | 36,541.00 | 18,324.00 | 89,125.00 | -605.00 | 11,642.00 |
| Interest Expense | 20,921.00 | 24,796.00 | 23,850.00 | 18,054.00 | 15,997.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 184,497.00 | 151,457.00 | 198,014.00 | 87,254.00 | 79,795.00 |
| Deprecation and Amortization | 93,916.00 | 73,219.00 | 65,763.00 | 50,687.00 | 45,932.00 |
| 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 | 95,524.55 | 83,169.03 | 75,498.11 | 70,534.20 | 67,762.93 |
| Average Shares Outstanding Diluted | 95,842.14 | 83,371.10 | 75,586.48 | 70,793.67 | 68,170.07 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 232,687.00 | 179,677.00 | 143,210.00 | 132,208.00 | 101,050.00 |
| Operating Net Income | 377,194.00 | 307,814.00 | 399,228.00 | 178,508.00 | 163,690.00 |
| Deprecation and Amortization | 93,916.00 | 73,219.00 | 65,763.00 | 50,687.00 | 45,932.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 14,926.00 | 13,466.00 | 10,171.00 | 9,554.00 | 9,826.00 |
| Change in Working Capital | 14,217.00 | 13,735.00 | 8,417.00 | 23,712.00 | 4,589.00 |
| Other Operating Activities | -267,566.00 | -228,557.00 | -340,369.00 | -130,253.00 | -122,987.00 |
| Investing Cash Flow | -915,477.00 | -570,388.00 | -337,662.00 | -666,438.00 | -52,088.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 1,675,463.00 | 986,735.00 | 881,727.00 | 1,341,202.00 | 227,787.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -2,590,940.00 | -1,557,123.00 | -1,219,389.00 | -2,007,640.00 | -279,875.00 |
| Financing Cash Flow | 534,906.00 | 528,864.00 | 17,734.00 | 631,195.00 | -53,865.00 |
| Net Issuance/Repayment of Debt | 138,000.00 | 82,000.00 | 208,000.00 | 75,000.00 | 0 |
| Net Issuance/Repurchase of Equity | 746,072.00 | 672,860.00 | 157,596.00 | 623,068.00 | 138,404.00 |
| Dividends Paid | 174,969.00 | 135,852.00 | 107,411.00 | 84,628.00 | 74,778.00 |
| Other Financing Activities | -524,135.00 | -361,848.00 | -455,273.00 | -151,501.00 | -267,047.00 |
| Net Change in Cash | -147,884.00 | 138,153.00 | -176,718.00 | 96,965.00 | -4,903.00 |
| Cash at Beginning of Period | 166,236.00 | 28,083.00 | 204,801.00 | 107,836.00 | 112,739.00 |
| Cash at End of Period | 18,352.00 | 166,236.00 | 28,083.00 | 204,801.00 | 107,836.00 |
| 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 | 5,329,188.00 | 4,982,211.00 | 4,906,660.00 | 4,770,156.00 | 4,570,871.00 | 4,466,841.00 | 4,438,799.00 | 3,904,677.00 | 3,739,465.00 | 3,637,452.00 | 3,578,369.00 | 3,164,441.00 | 3,108,674.00 | 3,028,882.00 | 2,920,341.00 | 2,924,215.00 | 2,471,503.00 | 2,253,984.00 | 2,171,691.00 | 2,139,820.00 |
| Cash and Short-Term Investments | 26,153.00 | 128,368.00 | 156,502.00 | 18,070.00 | 243,670.00 | 181,989.00 | 649,575.00 | 165,400.00 | 96,196.00 | 58,920.00 | 11,054.00 | 26,393.00 | 10,153.00 | 7,237.00 | 106,278.00 | 204,404.00 | 68,732.00 | 39,955.00 | 29,377.00 | 107,180.00 |
| Cash and Cash Equivalents | 26,153.00 | 128,368.00 | 156,502.00 | 18,070.00 | 243,670.00 | 181,989.00 | 649,575.00 | 165,400.00 | 96,196.00 | 58,920.00 | 11,054.00 | 26,393.00 | 10,153.00 | 7,237.00 | 106,278.00 | 204,404.00 | 68,732.00 | 39,955.00 | 29,377.00 | 107,180.00 |
| 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 | 6,000.00 | 5,800.00 | 4,800.00 | 3,400.00 | 2,500.00 | 2,200.00 | 1,500.00 | 1,200.00 | 900.00 | 200.00 | 400.00 | 600.00 | 700.00 | 700.00 | 400.00 | 500.00 | 1,200.00 | 1,300.00 | 1,300.00 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 5,446,726.00 | 4,960,764.00 | 4,935,979.00 | 4,913,435.00 | 4,495,422.00 | 4,449,237.00 | 3,955,025.00 | 3,900,511.00 | 3,791,737.00 | 3,720,140.00 | 3,669,905.00 | 3,275,229.00 | 3,214,217.00 | 3,134,494.00 | 2,891,262.00 | 2,832,700.00 | 2,490,902.00 | 2,329,892.00 | 2,253,339.00 | 2,142,769.00 |
| Real Estate | 5,677,992.00 | 5,174,225.00 | 5,146,773.00 | 10,250,120.00 | 9,356,160.00 | 4,627,552.00 | 4,101,959.00 | 4,047,840.00 | 7,867,882.00 | 3,860,939.00 | 7,631,738.00 | 3,398,774.00 | 6,687,164.00 | 3,256,440.00 | 3,004,840.00 | 3,225,888.00 | 2,592,077.00 | 2,686,579.00 | 2,346,195.00 | 2,231,228.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 231,266.00 | 429,564.00 | 210,794.00 | 208,475.00 | 355,245.00 | 178,315.00 | 146,934.00 | 147,329.00 | 278,052.00 | 140,799.00 | 281,091.00 | 123,545.00 | 125,715.00 | 121,946.00 | 228,627.00 | 114,126.00 | 203,254.00 | 96,559.00 | 92,856.00 | 88,859.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 1,333,608.00 | 1,039,223.00 | 1,011,135.00 | 1,107,824.00 | 939,576.00 | 1,026,156.00 | 994,215.00 | 990,050.00 | 1,002,495.00 | 989,188.00 | 978,497.00 | 934,590.00 | 956,581.00 | 899,297.00 | 866,060.00 | 866,252.00 | 721,031.00 | 552,170.00 | 537,974.00 | 551,636.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 3,995,580.00 | 3,942,988.00 | 3,895,525.00 | 3,662,332.00 | 3,631,295.00 | 3,440,685.00 | 3,444,584.00 | 2,914,627.00 | 2,736,970.00 | 2,648,264.00 | 2,599,872.00 | 2,229,851.00 | 2,152,093.00 | 2,129,585.00 | 2,054,281.00 | 2,057,963.00 | 1,750,472.00 | 1,701,814.00 | 1,633,717.00 | 1,588,184.00 |
| Shareholders Equity | 3,995,580.00 | 3,942,988.00 | 3,895,525.00 | 3,662,332.00 | 3,631,295.00 | 3,440,685.00 | 3,444,584.00 | 2,914,627.00 | 2,736,970.00 | 2,648,264.00 | 2,599,872.00 | 2,229,851.00 | 2,152,093.00 | 2,129,585.00 | 2,054,281.00 | 2,057,963.00 | 1,750,472.00 | 1,701,814.00 | 3,267,704.55 | 3,315,592.00 |
| Capital Stock | 1,030.00 | 1,030.00 | 1,030.00 | 994.00 | 994.00 | 964.00 | 963.00 | 876.00 | 850.00 | 833.00 | 827.00 | 765.00 | 757.00 | 752.00 | 752.00 | 752.00 | 712.00 | 704.00 | 693.00 | 686.00 |
| Share Premium | 3,842,726.00 | 3,839,743.00 | 3,834,924.00 | 3,597,148.00 | 3,594,034.00 | 3,391,222.00 | 3,387,289.00 | 2,849,961.00 | 2,691,181.00 | 2,594,382.00 | 2,552,660.00 | 2,167,276.00 | 2,118,173.00 | 2,087,682.00 | 2,083,475.00 | 2,069,604.00 | 1,768,794.00 | 1,717,265.00 | 1,645,876.00 | 1,589,301.00 |
| Retained Earnings | 185,041.00 | 135,432.00 | 92,788.00 | 95,287.00 | 68,055.00 | 80,287.00 | 88,120.00 | 95,578.00 | 77,073.00 | 85,183.00 | 78,394.00 | 88,272.00 | 60,145.00 | 68,133.00 | -3,214.00 | 2,804.00 | -3,837.00 | -958.00 | 2,092.00 | 5,926.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -77.00 | -183.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5,200,153.00 | 4,752,477.00 | 4,654,569.00 | 4,661,615.00 | 4,237,980.00 | 2,200.00 | 1,500.00 | 1,200.00 | 3,567,320.00 | 200.00 | 3,484,714.00 | 600.00 | 3,039,634.00 | 700.00 | 2,753,788.00 | 2,667,764.00 | 2,344,751.00 | 2,166,323.00 | 1,300.00 | 900.00 |
| Debt | 742,861.00 | 742,386.00 | 741,912.00 | 741,437.00 | 672,157.00 | 771,976.00 | 771,770.00 | 771,563.00 | 771,355.00 | 771,148.00 | 770,941.00 | 770,818.00 | 770,615.00 | 721,059.00 | 720,864.00 | 720,670.00 | 596,623.00 | 448,154.00 | 448,004.00 | 459,118.00 |
| Net Debt | 716,708.00 | 614,018.00 | 585,410.00 | 723,367.00 | 428,487.00 | 589,987.00 | 122,195.00 | 606,163.00 | 675,159.00 | 712,228.00 | 759,887.00 | 744,425.00 | 760,462.00 | 713,822.00 | 614,586.00 | 516,266.00 | 527,891.00 | 408,199.00 | 418,627.00 | 351,938.00 |
| Common Shares Outstanding | 102,861.80 | 102,799.53 | 102,790.61 | 99,238.00 | 99,227.03 | 96,212.24 | 96,195.44 | 87,487.10 | 84,871.37 | 0 | 0 | 0 | 75,640.13 | 75,120.37 | 75,102.28 | 75,068.57 | 71,015.52 | 70,191.40 | 69,102.01 | 67,252.79 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 338,902.00 | 222,654.00 | 110,420.00 | -160,598.00 | 278,912.00 | 179,277.00 | 85,030.00 | -142,353.00 | 237,106.00 | 154,186.00 | 74,651.00 | -117,432.00 | 200,205.00 | 129,404.00 | 64,035.00 | -94,002.00 | 161,255.00 | 103,986.00 | 50,691.00 |
| Selling, General and Administrative Expenses | 35,665.00 | 24,084.00 | 11,734.00 | -20,804.00 | 31,828.00 | 21,053.00 | 10,510.00 | -18,676.00 | 28,205.00 | 19,086.00 | 9,320.00 | -14,194.00 | 22,999.00 | 14,860.00 | 7,527.00 | -10,314.00 | 19,248.00 | 12,448.00 | 5,582.00 |
| Net Non-Operating Income | 110,102.00 | 54,688.00 | 5,138.00 | 31,366.00 | -373.00 | 2,180.00 | 3,368.00 | 24,621.00 | -2,803.00 | 1,918.00 | -5,412.00 | -32,137.00 | 60,066.00 | 66,156.00 | -4,960.00 | 19,985.00 | -8,977.00 | -7,704.00 | -3,909.00 |
| Interest Expense | 23,331.00 | 14,964.00 | 7,927.00 | -10,739.00 | 15,660.00 | 10,760.00 | 5,240.00 | -14,943.00 | 19,089.00 | 13,275.00 | 7,375.00 | -7,752.00 | 16,393.00 | 10,128.00 | 5,081.00 | -7,099.00 | 12,847.00 | 8,161.00 | 4,145.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 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 Income | 244,775.00 | 141,399.00 | 48,126.00 | -31,711.00 | 108,394.00 | 71,755.00 | 36,059.00 | -29,359.00 | 93,900.00 | 63,585.00 | 23,331.00 | -77,477.00 | 139,134.00 | 116,695.00 | 19,662.00 | -17,633.00 | 54,995.00 | 33,635.00 | 16,257.00 |
| Deprecation and Amortization | 83,329.00 | 54,953.00 | 26,929.00 | -38,983.00 | 68,009.00 | 43,951.00 | 20,939.00 | -35,967.00 | 54,636.00 | 36,391.00 | 18,159.00 | -26,716.00 | 47,227.00 | 30,270.00 | 14,982.00 | -21,013.00 | 36,980.00 | 23,344.00 | 11,376.00 |
| 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 | 102,197.32 | 101,833.93 | 100,767.82 | 106,388.59 | 94,253.92 | 92,581.81 | 88,873.87 | 88,898.90 | 82,366.37 | 81,514.96 | 79,895.89 | 76,251.44 | 75,316.22 | 75,225.23 | 75,199.53 | 74,867.87 | 69,571.51 | 69,094.36 | 68,603.07 |
| Average Shares Outstanding Diluted | 102,419.20 | 102,063.80 | 101,046.91 | 106,384.10 | 94,598.28 | 92,950.01 | 89,436.15 | 88,780.63 | 82,597.82 | 81,761.20 | 80,344.74 | 76,348.23 | 75,402.85 | 75,310.34 | 75,284.50 | 75,195.15 | 69,799.21 | 69,317.41 | 68,862.92 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 201,596.00 | 122,067.00 | 61,433.00 | -107,082.00 | 181,361.00 | 111,369.00 | 47,039.00 | -87,113.00 | 140,626.00 | 87,363.00 | 38,801.00 | -57,069.00 | 109,019.00 | 63,227.00 | 28,033.00 | -51,612.00 | 98,441.00 | 59,224.00 | 26,155.00 |
| Operating Net Income | 247,175.00 | 141,599.00 | 48,126.00 | 152,586.00 | 113,994.00 | 74,555.00 | 36,059.00 | 99,967.00 | 96,600.00 | 64,785.00 | 46,462.00 | 101,575.00 | 140,834.00 | 117,395.00 | 39,424.00 | 53,764.00 | 57,295.00 | 34,635.00 | 32,814.00 |
| Deprecation and Amortization | 83,329.00 | 54,953.00 | 26,929.00 | -38,983.00 | 68,009.00 | 43,951.00 | 20,939.00 | -35,967.00 | 54,636.00 | 36,391.00 | 18,159.00 | -26,716.00 | 47,227.00 | 30,270.00 | 14,982.00 | -21,013.00 | 36,980.00 | 23,344.00 | 11,376.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 13,398.00 | 9,122.00 | 4,252.00 | -6,895.00 | 11,121.00 | 7,344.00 | 3,356.00 | -6,538.00 | 10,123.00 | 6,843.00 | 3,038.00 | -5,015.00 | 7,518.00 | 4,839.00 | 2,829.00 | -4,070.00 | 7,007.00 | 4,647.00 | 1,970.00 |
| Change in Working Capital | 20,876.00 | 10,477.00 | 5,675.00 | -26,914.00 | 22,825.00 | 13,966.00 | 4,340.00 | -28,525.00 | 19,152.00 | 15,508.00 | 7,600.00 | -3,407.00 | 7,247.00 | 3,222.00 | 1,355.00 | -11,802.00 | 16,397.00 | 13,135.00 | 5,982.00 |
| Other Operating Activities | -163,182.00 | -94,084.00 | -23,549.00 | -186,876.00 | -34,588.00 | -28,447.00 | -17,655.00 | -116,050.00 | -39,885.00 | -36,164.00 | -36,458.00 | -123,506.00 | -93,807.00 | -92,499.00 | -30,557.00 | -68,491.00 | -19,238.00 | -16,537.00 | -25,987.00 |
| Investing Cash Flow | -471,756.00 | -62,075.00 | -23,826.00 | 285,671.00 | -605,443.00 | -547,122.00 | -48,583.00 | 703,106.00 | -479,637.00 | -406,491.00 | -387,366.00 | 292,035.00 | -313,803.00 | -219,057.00 | -96,837.00 | -10,697.00 | -359,948.00 | -183,414.00 | -112,379.00 |
| 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 | 1,251,408.00 | 281,067.00 | 18,894.00 | -308,734.00 | 984,299.00 | 954,702.00 | 45,196.00 | -1,363,679.00 | 824,276.00 | 783,076.00 | 743,062.00 | -597,796.00 | 740,493.00 | 584,296.00 | 154,734.00 | 95,765.00 | 688,402.00 | 340,424.00 | 216,611.00 |
| 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 | -1,723,164.00 | -343,142.00 | -42,720.00 | 594,405.00 | -1,589,742.00 | -1,501,824.00 | -93,779.00 | 2,066,785.00 | -1,303,913.00 | -1,189,567.00 | -1,130,428.00 | 889,831.00 | -1,054,296.00 | -803,353.00 | -251,571.00 | -106,462.00 | -1,048,350.00 | -523,838.00 | -328,990.00 |
| Financing Cash Flow | 278,569.00 | 50,491.00 | 101,167.00 | -914,595.00 | 501,777.00 | 451,967.00 | 495,757.00 | -567,493.00 | 411,150.00 | 351,066.00 | 334,141.00 | 71,865.00 | 10,980.00 | -38,638.00 | -26,473.00 | 335,967.00 | 227,373.00 | 59,062.00 | 8,793.00 |
| Net Issuance/Repayment of Debt | 522,000.00 | 182,000.00 | 182,000.00 | 138,000.00 | 0 | 0 | 0 | -45,000.00 | 49,000.00 | 49,000.00 | 29,000.00 | -118,000.00 | 314,000.00 | 12,000.00 | 0 | 5,000.00 | 45,000.00 | 25,000.00 | 0 |
| Net Issuance/Repurchase of Equity | 240,709.00 | 239,416.00 | 239,365.00 | -1,078,558.00 | 746,072.00 | 539,306.00 | 539,252.00 | -626,561.00 | 514,407.00 | 417,888.00 | 367,126.00 | 90,099.00 | 62,452.00 | 4,552.00 | 493.00 | 4,781.00 | 313,788.00 | 222,295.00 | 82,204.00 |
| Dividends Paid | 150,125.00 | 99,496.00 | 48,871.00 | -72,751.00 | 126,098.00 | 82,570.00 | 39,052.00 | -56,254.00 | 97,427.00 | 63,926.00 | 30,753.00 | -46,489.00 | 76,984.00 | 51,298.00 | 25,618.00 | -35,592.00 | 60,389.00 | 39,961.00 | 19,870.00 |
| Other Financing Activities | -634,265.00 | -470,421.00 | -369,069.00 | 98,714.00 | -370,393.00 | -169,909.00 | -82,547.00 | 160,322.00 | -249,684.00 | -179,748.00 | -92,738.00 | 146,255.00 | -442,456.00 | -106,488.00 | -52,584.00 | 361,778.00 | -191,804.00 | -228,194.00 | -93,281.00 |
| Net Change in Cash | 8,409.00 | 110,483.00 | 138,774.00 | -736,006.00 | 77,695.00 | 16,214.00 | 494,213.00 | 48,500.00 | 72,139.00 | 31,938.00 | -14,424.00 | 306,831.00 | -193,804.00 | -194,468.00 | -95,277.00 | 273,658.00 | -34,134.00 | -65,128.00 | -77,431.00 |
| Cash at Beginning of Period | 18,352.00 | 18,352.00 | 18,352.00 | 754,358.00 | 166,236.00 | 166,236.00 | 166,236.00 | 117,736.00 | 28,083.00 | 28,083.00 | 28,083.00 | -278,748.00 | 204,801.00 | 204,801.00 | 204,801.00 | -68,857.00 | 107,836.00 | 107,836.00 | 107,836.00 |
| Cash at End of Period | 26,761.00 | 128,835.00 | 157,126.00 | 18,352.00 | 243,931.00 | 182,450.00 | 660,449.00 | 166,236.00 | 100,222.00 | 60,021.00 | 13,659.00 | 28,083.00 | 10,997.00 | 10,333.00 | 109,524.00 | 204,801.00 | 73,702.00 | 42,708.00 | 30,405.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |