Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 181.09 52.53 30.64 62.90
Price to Sales 13.22 8.15 4.73 6.45
Book Value Per Common Share 22.67 19.67 14.13 30.62 23.15
Price to Book 17.81 12.64 8.72 11.51
Price to Operating Cash Flow 86.52 59.50 26.19 30.21
Price to Free Cash Flow
Enterprise Value to EBITDA 964893.26 588012.72 238664.76 402744.67
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 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Price to Earnings 483.39 648.29 1993.54 173.26 238.41 475.11 112.21 158.65 259.33 93.40 41.72 112.25 79.05 138.15 484.01
Price to Sales 20.50 24.45 43.13 11.60 13.48 26.29 11.08 17.19 28.15 14.48 6.52 19.80 7.00 9.79 20.59
Book Value Per Common Share 24.06 23.98 23.18 22.67 21.81 20.81 20.19 19.67 16.82 16.11 15.16 14.13 12.62 34.94 32.90 26.95 25.21 23.90 23.15
Price to Book 18.49 13.25 11.18 17.81 12.00 9.51 8.71 12.64 14.88 16.25 13.68 8.72 21.02 6.42 10.92 9.59 8.99 9.32
Price to Operating Cash Flow 131.09 217.81 386.81 82.61 163.74 2313.03 89.29 148.67 261.38 72.30 36.65 92.97 36.54 58.13 130.38
Price to Free Cash Flow
Enterprise Value to EBITDA 1847807.09 2219139.02 4560065.59 889006.75 1146636.75 2191524.64 771006.19 1132882.41 1851418.57 719389.88 318575.35 878078.38 481674.46 772758.02 2030346.38

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -52.85 17.66 -28.21 656.76
Revenue YoY 0.95 18.80 51.35 70.67
EBITDA YoY 0.01 -17.58 89.36 148.39
Net Profit YoY -52.72 19.44 127.30 666.16
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 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Earning YoY 87.76 276.92 81.93 124.32 35.15 106.25 -47.21 68.13 99.39 256.52
Revenue YoY 67.16 116.35 53.81 119.71 48.39 106.85 60.11 90.29 61.56 115.10
EBITDA YoY 73.35 152.19 71.23 115.48 40.67 106.53 58.75 73.08 86.76 173.20
Net Profit YoY 86.84 286.55 83.12 130.91 467.34 35.53 107.56 59.03 68.08 977.27 102.41 260.73

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 11.45 9.19 7.11 18.04 20.87
Quick Ratio 1.34 1.08 0.91 0.95 1.41
Current Ratio 1.90 1.65 1.48 1.31 1.78
Debt to Equity 0.72 0.73 0.80 1.03 1.17
Long-Term Debt to Equity 0.29 0.26 0.22 0.40 0.59
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 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Cash Per Common Share 12.95 11.44 11.51 11.38 10.56 9.65 8.45 9.16 8.25 7.31 7.09 7.03 6.79 18.32 17.48 16.58 16.89 17.92 20.28
Quick Ratio 1.42 1.29 1.29 1.34 1.15 1.18 1.00 1.08 1.02 0.93 0.90 0.91 0.91 0.92 0.90 0.95 1.07 1.20 1.41
Current Ratio 1.97 1.93 1.88 1.90 1.74 1.80 1.62 1.65 1.61 1.54 1.52 1.48 1.42 1.38 1.29 1.32 1.44 1.57 1.78
Debt to Equity 0.70 0.69 0.71 0.72 0.75 0.74 0.75 0.73 0.78 0.73 0.76 0.80 0.83 0.85 0.92 1.10 1.13 1.21 1.17
Long-Term Debt to Equity 0.29 0.28 0.29 0.29 0.29 0.30 0.26 0.26 0.27 0.21 0.21 0.22 0.23 0.27 0.30 0.46 0.51 0.60 0.59

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 5.66 13.55 14.40 8.27 1.26
ROE 9.73 23.46 25.88 16.82 2.72
Gross Margin 17.86 18.25 25.60 25.28 21.02
Operating Margin 9.56 10.47 17.08 12.47 6.03
EBITDA Margin 13.78 13.91 20.05 16.02 11.01
Net Profit Margin 7.26 15.50 15.41 10.26 2.29
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 2021-09-30 2021-06-30 2021-03-31 2020-12-31
ROA 2.16 1.20 0.32 3.87 2.25 1.00 7.16 5.47 2.74 11.19 7.62 4.70 5.08 2.62 0.75
ROE 3.67 2.03 0.54 6.79 3.92 1.75 12.76 9.45 4.83 20.45 14.11 9.00 10.67 5.58 1.66
Gross Margin 17.28 16.81 16.31 18.44 17.68 17.35 18.46 18.74 19.34 26.38 27.16 29.11 24.26 22.82 21.32
Operating Margin 6.22 5.53 3.52 9.00 7.70 7.65 11.00 12.01 12.13 17.31 17.39 19.66 11.10 8.95 6.08
EBITDA Margin 11.44 11.03 9.46 13.11 11.78 12.01 14.41 15.20 15.22 20.38 20.55 22.60 14.92 12.91 10.16
Net Profit Margin 4.22 3.78 2.12 6.63 5.57 5.30 9.87 10.81 10.77 15.52 15.63 17.69 8.86 7.07 4.22

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 2021-09-30 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 125,298,000.00 110,705,000.00 87,166,000.00 66,757,000.00 57,299,000.00
   Current Assets 58,703,000.00 50,056,000.00 41,281,000.00 27,353,000.00 26,937,000.00
      Cash and Short-Term Investments 36,612,000.00 29,160,000.00 22,253,000.00 17,786,000.00 19,471,000.00
            Cash and Cash Equivalents 16,188,000.00 16,464,000.00 16,321,000.00 17,655,000.00 19,471,000.00
            Short-Term Investments 20,424,000.00 12,696,000.00 5,932,000.00 131,000.00 0
      Net Receivables 4,751,000.00 3,521,000.00 2,974,000.00 1,935,000.00 1,914,000.00
      Inventory 12,017,000.00 13,626,000.00 12,839,000.00 5,757,000.00 4,101,000.00
      Other Current Assets 5,323,000.00 3,749,000.00 3,215,000.00 1,875,000.00 1,451,000.00
   Non-Current Assets 66,595,000.00 60,649,000.00 45,885,000.00 39,404,000.00 30,362,000.00
      Property, Plant, Equipment Net 40,996,000.00 33,905,000.00 26,111,000.00 20,900,000.00 16,075,000.00
      Goodwill 244,000.00 253,000.00 194,000.00 200,000.00 207,000.00
      Intangible Assets 150,000.00 178,000.00 215,000.00 257,000.00 313,000.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 6,524,000.00 6,733,000.00 751,000.00 546,000.00 450,000.00
      Other Non-Current Assets 18,681,000.00 19,580,000.00 18,614,000.00 17,501,000.00 13,317,000.00
Liabilities 52,447,000.00 46,786,000.00 38,655,000.00 33,920,000.00 30,836,000.00
   Current Liabilities 30,973,000.00 30,385,000.00 27,801,000.00 20,820,000.00 15,133,000.00
      Payables and Expenses 14,006,000.00 15,756,000.00 16,281,000.00 10,931,000.00 6,705,000.00
            Account Payables 12,474,000.00 14,431,000.00 15,255,000.00 10,025,000.00 6,051,000.00
            Current Accrued Liabilities 1,532,000.00 1,325,000.00 1,026,000.00 906,000.00 654,000.00
      Short-Term Debt 2,343,000.00 1,975,000.00 1,016,000.00 1,088,000.00 1,758,000.00
      Other Current Liabilities 14,624,000.00 12,654,000.00 10,504,000.00 8,801,000.00 6,670,000.00
   Non-Current Liabilities 21,474,000.00 16,401,000.00 10,854,000.00 13,100,000.00 15,703,000.00
      Long-Term Debt 4,603,000.00 3,671,000.00 2,164,000.00 1,671,000.00 1,254,000.00
      Other Non-Current Liabilities 16,871,000.00 12,730,000.00 8,690,000.00 11,429,000.00 14,449,000.00
Equity 72,851,000.00 63,919,000.00 48,511,000.00 32,837,000.00 26,463,000.00
   Shareholders Equity 72,913,000.00 62,634,000.00 44,704,000.00 30,189,000.00 22,225,000.00
      Capital Stock 3,000.00 3,000.00 3,000.00 1,000.00 1,000.00
      Share Premium 38,371,000.00 34,892,000.00 32,177,000.00 29,803,000.00 27,260,000.00
      Retained Earnings 35,209,000.00 27,882,000.00 12,885,000.00 331,000.00 -5,399,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -670,000.00 -143,000.00 -361,000.00 54,000.00 363,000.00
   Minority Interest 704,000.00 733,000.00 785,000.00 826,000.00 850,000.00
Investments 20,424,000.00 12,696,000.00 5,932,000.00 131,000.00 0
Debt 5,535,000.00 4,343,000.00 2,649,000.00 4,254,000.00 8,462,000.00
Common Shares Outstanding 3,216,000.00 3,185,000.00 3,164,000.00 0 960,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 97,690,000.00 96,773,000.00 81,462,000.00 53,823,000.00 31,536,000.00
Cost Of Revenue 80,240,000.00 79,113,000.00 60,609,000.00 40,217,000.00 24,906,000.00
Gross Profit 17,450,000.00 17,660,000.00 20,853,000.00 13,606,000.00 6,630,000.00
Operating Expenses 10,374,000.00 8,769,000.00 7,197,000.00 7,083,000.00 4,636,000.00
   Selling, General and Administrative Expenses 5,150,000.00 4,800,000.00 3,946,000.00 4,517,000.00 3,145,000.00
   Research and Development Expenses 4,540,000.00 3,969,000.00 3,075,000.00 2,593,000.00 1,491,000.00
   Other Operating Expenses 684,000.00 0.00 176,000.00 -27,000.00 0.00
Operating Income 7,076,000.00 8,891,000.00 13,656,000.00 6,523,000.00 1,994,000.00
Net Non-Operating Income 1,914,000.00 1,082,000.00 63,000.00 -180,000.00 -840,000.00
Interest Income 1,919,000.00 1,222,000.00 488,000.00 427,000.00 778,000.00
Interest Expense 350,000.00 156,000.00 191,000.00 371,000.00 748,000.00
Net Interest 1,569,000.00 1,066,000.00 297,000.00 56,000.00 30,000.00
EBT 8,990,000.00 9,973,000.00 13,719,000.00 6,343,000.00 1,154,000.00
Income Tax 1,837,000.00 5,001,000.00 1,132,000.00 699,000.00 292,000.00
Net Income Including Non-Controlling Interests 7,029,000.00 15,020,000.00 12,525,000.00 5,399,000.00 580,000.00
Net Income Non-Controlling Interests 62,000.00 -23,000.00 31,000.00 125,000.00 141,000.00
Net Income 7,091,000.00 14,997,000.00 12,556,000.00 5,524,000.00 721,000.00
EBIT 9,340,000.00 10,129,000.00 13,910,000.00 6,714,000.00 1,902,000.00
Deprecation and Amortization 4,120,000.00 3,330,000.00 2,420,000.00 1,910,000.00 1,570,000.00
EBITDA 13,460,000.00 13,459,000.00 16,330,000.00 8,624,000.00 3,472,000.00
EPS 0.00 0.00 0.00 0.01 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 3,197,000.00 3,174,000.00 3,130,000.00 986,000.00 933,000.00
Average Shares Outstanding Diluted 3,498,000.00 3,485,000.00 3,475,000.00 1,129,000.00 1,083,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 14,923,000.00 13,256,000.00 14,724,000.00 11,497,000.00 5,943,000.00
   Operating Net Income 7,153,000.00 14,974,000.00 12,587,000.00 5,644,000.00 862,000.00
   Deprecation and Amortization 4,120,000.00 3,330,000.00 2,420,000.00 1,910,000.00 1,570,000.00
   Deferred Income Tax 477,000.00 -6,349,000.00 -196,000.00 -149,000.00 40,000.00
   Share Based Compensation 1,999,000.00 1,869,000.00 1,785,000.00 3,031,000.00 2,572,000.00
   Change in Working Capital 7,509,000.00 8,570,000.00 20,621,000.00 2,446,000.00 4,587,000.00
   Other Operating Activities -6,335,000.00 -9,138,000.00 -22,493,000.00 -1,385,000.00 -3,688,000.00
Investing Cash Flow -18,787,000.00 -15,584,000.00 -11,973,000.00 -7,868,000.00 -3,132,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 11,339,000.00 8,898,000.00 7,158,000.00 7,982,000.00 3,167,000.00
   Net Purchase/Sale of Investments Net 64,265,000.00 31,465,000.00 5,857,000.00 132,000.00 0
   Net Purchase/Sale of Business 0 64,000.00 0 0 13,000.00
   Other Investing Activities -94,391,000.00 -56,011,000.00 -24,988,000.00 -15,982,000.00 -6,312,000.00
Financing Cash Flow 3,853,000.00 2,589,000.00 -3,527,000.00 -5,203,000.00 9,973,000.00
   Net Issuance/Repayment of Debt 8,625,000.00 5,746,000.00 502,000.00 439,000.00 338,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 12,269,000.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -4,772,000.00 -3,157,000.00 -4,029,000.00 -5,642,000.00 -2,634,000.00
Net Change in Cash -152,000.00 265,000.00 -1,220,000.00 -1,757,000.00 13,118,000.00
   Cash at Beginning of Period 17,189,000.00 16,924,000.00 18,144,000.00 19,901,000.00 6,783,000.00
   Cash at End of Period 17,037,000.00 17,189,000.00 16,924,000.00 18,144,000.00 19,901,000.00
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 136,858,000.00 131,675,000.00 128,281,000.00 125,298,000.00 123,359,000.00 115,922,000.00 112,560,000.00 110,705,000.00 98,701,000.00 95,291,000.00 91,589,000.00 87,166,000.00 79,225,000.00 73,236,000.00 70,609,000.00 66,757,000.00 62,931,000.00 60,254,000.00 58,115,000.00 57,299,000.00
   Current Assets 65,068,000.00 61,469,000.00 59,744,000.00 58,703,000.00 56,721,000.00 53,318,000.00 50,948,000.00 50,056,000.00 45,475,000.00 44,212,000.00 43,349,000.00 41,281,000.00 36,506,000.00 31,633,000.00 29,315,000.00 27,353,000.00 25,290,000.00 24,945,000.00 24,942,000.00 26,937,000.00
      Cash and Short-Term Investments 41,722,000.00 36,841,000.00 37,043,000.00 36,612,000.00 33,699,000.00 30,766,000.00 26,914,000.00 29,160,000.00 26,155,000.00 23,149,000.00 22,460,000.00 22,253,000.00 21,176,000.00 18,980,000.00 18,074,000.00 17,786,000.00 16,195,000.00 16,318,000.00 17,219,000.00 19,471,000.00
            Cash and Cash Equivalents 18,364,000.00 15,646,000.00 16,399,000.00 16,188,000.00 18,162,000.00 14,681,000.00 11,856,000.00 16,464,000.00 16,010,000.00 15,370,000.00 16,106,000.00 16,321,000.00 19,601,000.00 18,389,000.00 17,566,000.00 17,655,000.00 16,165,000.00 16,318,000.00 17,219,000.00 19,471,000.00
            Short-Term Investments 23,358,000.00 21,195,000.00 20,644,000.00 20,424,000.00 15,537,000.00 16,085,000.00 15,058,000.00 12,696,000.00 10,145,000.00 7,779,000.00 6,354,000.00 5,932,000.00 1,575,000.00 591,000.00 508,000.00 131,000.00 30,000.00 0 0 0
      Net Receivables 5,034,000.00 4,082,000.00 4,034,000.00 4,751,000.00 3,656,000.00 4,182,000.00 4,476,000.00 3,521,000.00 2,550,000.00 3,487,000.00 3,022,000.00 2,974,000.00 2,230,000.00 2,126,000.00 2,343,000.00 1,935,000.00 2,006,000.00 2,180,000.00 1,925,000.00 1,914,000.00
      Inventory 12,276,000.00 14,570,000.00 13,706,000.00 12,017,000.00 14,530,000.00 14,195,000.00 16,033,000.00 13,626,000.00 13,721,000.00 14,356,000.00 14,375,000.00 12,839,000.00 10,327,000.00 8,108,000.00 6,691,000.00 5,757,000.00 5,199,000.00 4,733,000.00 4,132,000.00 4,101,000.00
      Other Current Assets 6,036,000.00 5,976,000.00 4,961,000.00 5,323,000.00 4,836,000.00 4,175,000.00 3,525,000.00 3,749,000.00 3,049,000.00 3,220,000.00 3,492,000.00 3,215,000.00 2,773,000.00 2,419,000.00 2,207,000.00 1,875,000.00 1,890,000.00 1,714,000.00 1,666,000.00 1,451,000.00
   Non-Current Assets 71,790,000.00 70,206,000.00 68,537,000.00 66,595,000.00 66,638,000.00 62,604,000.00 61,612,000.00 60,649,000.00 53,226,000.00 51,079,000.00 48,240,000.00 45,885,000.00 42,719,000.00 41,603,000.00 41,294,000.00 39,404,000.00 37,641,000.00 35,309,000.00 33,173,000.00 30,362,000.00
      Property, Plant, Equipment Net 45,190,000.00 44,207,000.00 42,418,000.00 40,996,000.00 40,983,000.00 37,465,000.00 35,803,000.00 33,905,000.00 31,381,000.00 29,741,000.00 27,769,000.00 26,111,000.00 24,177,000.00 23,278,000.00 22,208,000.00 20,900,000.00 21,150,000.00 19,189,000.00 17,305,000.00 16,075,000.00
      Goodwill 257,000.00 258,000.00 248,000.00 244,000.00 253,000.00 249,000.00 250,000.00 253,000.00 250,000.00 263,000.00 195,000.00 194,000.00 191,000.00 196,000.00 200,000.00 200,000.00 201,000.00 203,000.00 206,000.00 207,000.00
      Intangible Assets 131,000.00 138,000.00 144,000.00 150,000.00 158,000.00 164,000.00 171,000.00 178,000.00 191,000.00 202,000.00 204,000.00 215,000.00 228,000.00 241,000.00 254,000.00 257,000.00 269,000.00 283,000.00 299,000.00 313,000.00
      Long-Term Investments 1,315,000.00 1,235,000.00 951,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 6,637,000.00 6,721,000.00 6,687,000.00 6,524,000.00 6,486,000.00 6,692,000.00 6,769,000.00 6,733,000.00 0 0 0 751,000.00 0 0 0 546,000.00 0 0 0 450,000.00
      Other Non-Current Assets 18,260,000.00 17,647,000.00 18,089,000.00 18,681,000.00 18,758,000.00 18,034,000.00 18,619,000.00 19,580,000.00 21,404,000.00 20,873,000.00 20,072,000.00 18,614,000.00 18,123,000.00 17,888,000.00 18,632,000.00 17,501,000.00 16,021,000.00 15,634,000.00 15,363,000.00 13,317,000.00
Liabilities 56,460,000.00 53,769,000.00 53,184,000.00 52,447,000.00 53,022,000.00 49,444,000.00 48,068,000.00 46,786,000.00 43,320,000.00 40,095,000.00 39,509,000.00 38,655,000.00 35,851,000.00 33,722,000.00 33,741,000.00 33,920,000.00 32,947,000.00 31,920,000.00 31,800,000.00 30,836,000.00
   Current Liabilities 32,989,000.00 31,797,000.00 31,727,000.00 30,973,000.00 32,550,000.00 29,606,000.00 31,392,000.00 30,385,000.00 28,235,000.00 28,644,000.00 28,435,000.00 27,801,000.00 25,669,000.00 22,942,000.00 22,681,000.00 20,820,000.00 19,191,000.00 17,356,000.00 15,922,000.00 15,133,000.00
      Payables and Expenses 14,640,000.00 14,874,000.00 15,083,000.00 14,006,000.00 16,167,000.00 14,543,000.00 16,189,000.00 15,756,000.00 15,129,000.00 16,420,000.00 16,968,000.00 16,281,000.00 14,877,000.00 12,289,000.00 12,084,000.00 10,931,000.00 9,083,000.00 8,398,000.00 7,308,000.00 6,705,000.00
            Account Payables 12,819,000.00 13,212,000.00 13,471,000.00 12,474,000.00 14,654,000.00 13,056,000.00 14,725,000.00 14,431,000.00 13,937,000.00 15,273,000.00 15,904,000.00 15,255,000.00 13,897,000.00 11,212,000.00 11,171,000.00 10,025,000.00 8,260,000.00 7,558,000.00 6,648,000.00 6,051,000.00
            Current Accrued Liabilities 1,821,000.00 1,662,000.00 1,612,000.00 1,532,000.00 1,513,000.00 1,487,000.00 1,464,000.00 1,325,000.00 1,192,000.00 1,147,000.00 1,064,000.00 1,026,000.00 980,000.00 1,077,000.00 913,000.00 906,000.00 823,000.00 840,000.00 660,000.00 654,000.00
      Short-Term Debt 1,852,000.00 1,962,000.00 2,164,000.00 2,343,000.00 2,115,000.00 2,024,000.00 2,135,000.00 1,975,000.00 1,552,000.00 1,015,000.00 935,000.00 1,016,000.00 979,000.00 1,057,000.00 1,168,000.00 1,088,000.00 1,207,000.00 1,082,000.00 1,415,000.00 1,758,000.00
      Other Current Liabilities 16,497,000.00 14,961,000.00 14,480,000.00 14,624,000.00 14,268,000.00 13,039,000.00 13,068,000.00 12,654,000.00 11,554,000.00 11,209,000.00 10,532,000.00 10,504,000.00 9,813,000.00 9,596,000.00 9,429,000.00 8,801,000.00 8,901,000.00 7,876,000.00 7,199,000.00 6,670,000.00
   Non-Current Liabilities 23,471,000.00 21,972,000.00 21,457,000.00 21,474,000.00 20,472,000.00 19,838,000.00 16,676,000.00 16,401,000.00 15,085,000.00 11,451,000.00 11,074,000.00 10,854,000.00 10,182,000.00 10,780,000.00 11,060,000.00 13,100,000.00 13,756,000.00 14,564,000.00 15,878,000.00 15,703,000.00
      Long-Term Debt 5,165,000.00 5,022,000.00 4,757,000.00 4,603,000.00 4,290,000.00 4,022,000.00 3,847,000.00 3,671,000.00 3,181,000.00 2,931,000.00 2,389,000.00 2,164,000.00 1,895,000.00 1,822,000.00 1,814,000.00 1,671,000.00 1,629,000.00 1,407,000.00 1,330,000.00 1,254,000.00
      Other Non-Current Liabilities 18,306,000.00 16,950,000.00 16,700,000.00 16,871,000.00 16,182,000.00 15,816,000.00 12,829,000.00 12,730,000.00 11,904,000.00 8,520,000.00 8,685,000.00 8,690,000.00 8,287,000.00 8,958,000.00 9,246,000.00 11,429,000.00 12,127,000.00 13,157,000.00 14,548,000.00 14,449,000.00
Equity 80,398,000.00 77,906,000.00 75,097,000.00 72,851,000.00 70,337,000.00 66,478,000.00 64,492,000.00 63,919,000.00 55,381,000.00 55,196,000.00 52,080,000.00 48,511,000.00 43,374,000.00 39,514,000.00 36,868,000.00 32,837,000.00 29,984,000.00 28,334,000.00 26,315,000.00 26,463,000.00
   Shareholders Equity 79,970,000.00 77,314,000.00 74,653,000.00 72,913,000.00 69,931,000.00 66,468,000.00 64,378,000.00 62,634,000.00 53,466,000.00 51,130,000.00 48,054,000.00 44,704,000.00 39,851,000.00 36,376,000.00 34,085,000.00 30,189,000.00 27,053,000.00 24,804,000.00 23,017,000.00 22,225,000.00
      Capital Stock 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 3,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
      Share Premium 41,597,000.00 40,363,000.00 39,456,000.00 38,371,000.00 37,286,000.00 36,443,000.00 35,763,000.00 34,892,000.00 34,201,000.00 33,436,000.00 32,878,000.00 32,177,000.00 31,592,000.00 30,944,000.00 30,485,000.00 29,803,000.00 28,922,000.00 28,205,000.00 27,623,000.00 27,260,000.00
      Retained Earnings 38,163,000.00 36,790,000.00 35,618,000.00 35,209,000.00 32,656,000.00 30,489,000.00 29,011,000.00 27,882,000.00 19,954,000.00 18,101,000.00 15,398,000.00 12,885,000.00 9,198,000.00 5,908,000.00 3,649,000.00 331,000.00 -1,990,000.00 -3,608,000.00 -4,750,000.00 -5,399,000.00
      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 207,000.00 158,000.00 -424,000.00 -670,000.00 -14,000.00 -467,000.00 -399,000.00 -143,000.00 -692,000.00 -410,000.00 -225,000.00 -361,000.00 -942,000.00 -477,000.00 -50,000.00 54,000.00 120,000.00 206,000.00 143,000.00 363,000.00
   Minority Interest 687,000.00 697,000.00 703,000.00 704,000.00 709,000.00 723,000.00 729,000.00 733,000.00 752,000.00 764,000.00 774,000.00 785,000.00 852,000.00 861,000.00 862,000.00 826,000.00 836,000.00 841,000.00 847,000.00 850,000.00
Investments 24,673,000.00 22,430,000.00 21,595,000.00 20,424,000.00 15,537,000.00 16,085,000.00 15,058,000.00 12,696,000.00 10,145,000.00 7,779,000.00 6,354,000.00 5,932,000.00 1,575,000.00 591,000.00 508,000.00 131,000.00 30,000.00 0 0 0
Debt 5,609,000.00 5,022,000.00 5,080,000.00 5,535,000.00 5,275,000.00 5,338,000.00 3,847,000.00 4,343,000.00 3,181,000.00 2,931,000.00 2,389,000.00 2,649,000.00 1,895,000.00 2,095,000.00 2,253,000.00 4,254,000.00 5,439,000.00 6,878,000.00 8,019,000.00 8,462,000.00
Common Shares Outstanding 3,324,000.00 3,224,000.00 3,220,000.00 3,216,000.00 3,207,000.00 3,194,000.00 3,189,000.00 3,185,000.00 3,179,000.00 3,174,000.00 3,169,000.00 3,164,000.00 3,158,000.00 1,041,000.00 1,036,000.00 0 1,004,000.00 984,000.00 963,000.00 960,000.00
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 69,926,000.00 41,831,000.00 19,335,000.00 -42,395,000.00 71,983,000.00 46,801,000.00 21,301,000.00 -46,418,000.00 71,606,000.00 48,256,000.00 23,329,000.00 -30,128,000.00 57,144,000.00 35,690,000.00 18,756,000.00 -15,017,000.00 36,104,000.00 22,347,000.00 10,389,000.00
Cost Of Revenue 57,841,000.00 34,800,000.00 16,182,000.00 -34,604,000.00 58,712,000.00 38,527,000.00 17,605,000.00 -37,301,000.00 58,384,000.00 39,212,000.00 18,818,000.00 -20,751,000.00 42,068,000.00 25,996,000.00 13,296,000.00 -12,550,000.00 27,345,000.00 17,248,000.00 8,174,000.00
Gross Profit 12,085,000.00 7,031,000.00 3,153,000.00 -7,791,000.00 13,271,000.00 8,274,000.00 3,696,000.00 -9,117,000.00 13,222,000.00 9,044,000.00 4,511,000.00 -9,377,000.00 15,076,000.00 9,694,000.00 5,460,000.00 -2,467,000.00 8,759,000.00 5,099,000.00 2,215,000.00
Operating Expenses 9,139,000.00 5,709,000.00 2,754,000.00 -5,427,000.00 7,778,000.00 5,498,000.00 2,525,000.00 -3,454,000.00 6,395,000.00 3,981,000.00 1,847,000.00 -3,608,000.00 5,321,000.00 3,627,000.00 1,857,000.00 -2,580,000.00 4,849,000.00 3,193,000.00 1,621,000.00
   Selling, General and Administrative Expenses 4,179,000.00 2,617,000.00 1,251,000.00 -2,712,000.00 3,837,000.00 2,651,000.00 1,374,000.00 -2,063,000.00 3,520,000.00 2,267,000.00 1,076,000.00 -1,913,000.00 2,914,000.00 1,953,000.00 992,000.00 -1,591,000.00 3,023,000.00 2,029,000.00 1,056,000.00
   Research and Development Expenses 4,628,000.00 2,998,000.00 1,409,000.00 -2,100,000.00 3,264,000.00 2,225,000.00 1,151,000.00 -1,391,000.00 2,875,000.00 1,714,000.00 771,000.00 -1,587,000.00 2,265,000.00 1,532,000.00 865,000.00 -1,168,000.00 1,853,000.00 1,242,000.00 666,000.00
   Other Operating Expenses 332,000.00 94,000.00 94,000.00 -615,000.00 677,000.00 622,000.00 0.00 0.00 0.00 0.00 0.00 -108,000.00 142,000.00 142,000.00 0.00 179,000.00 -27,000.00 -78,000.00 -101,000.00
Operating Income 2,946,000.00 1,322,000.00 399,000.00 -2,364,000.00 5,493,000.00 2,776,000.00 1,171,000.00 -5,663,000.00 6,827,000.00 5,063,000.00 2,664,000.00 -5,769,000.00 9,755,000.00 6,067,000.00 3,603,000.00 113,000.00 3,910,000.00 1,906,000.00 594,000.00
Net Non-Operating Income 1,151,000.00 816,000.00 190,000.00 137,000.00 731,000.00 664,000.00 382,000.00 -683,000.00 955,000.00 674,000.00 136,000.00 26,000.00 -19,000.00 33,000.00 23,000.00 163,000.00 -202,000.00 -80,000.00 -61,000.00
Interest Income 1,484,000.00 969,000.00 491,000.00 -748,000.00 1,381,000.00 860,000.00 426,000.00 -356,000.00 828,000.00 508,000.00 242,000.00 -58,000.00 298,000.00 159,000.00 89,000.00 -208,000.00 331,000.00 195,000.00 109,000.00
Interest Expense 253,000.00 177,000.00 91,000.00 -142,000.00 254,000.00 162,000.00 76,000.00 -25,000.00 95,000.00 57,000.00 29,000.00 -133,000.00 158,000.00 105,000.00 61,000.00 -202,000.00 300,000.00 174,000.00 99,000.00
Net Interest 1,231,000.00 792,000.00 400,000.00 -606,000.00 1,127,000.00 698,000.00 350,000.00 -331,000.00 733,000.00 451,000.00 213,000.00 75,000.00 140,000.00 54,000.00 28,000.00 -6,000.00 31,000.00 21,000.00 10,000.00
EBT 4,097,000.00 2,138,000.00 589,000.00 -2,227,000.00 6,224,000.00 3,440,000.00 1,553,000.00 -6,346,000.00 7,782,000.00 5,737,000.00 2,800,000.00 -5,743,000.00 9,736,000.00 6,100,000.00 3,626,000.00 276,000.00 3,708,000.00 1,826,000.00 533,000.00
Income Tax 1,098,000.00 528,000.00 169,000.00 -777,000.00 1,403,000.00 802,000.00 409,000.00 3,405,000.00 751,000.00 584,000.00 261,000.00 -621,000.00 856,000.00 551,000.00 346,000.00 39,000.00 407,000.00 184,000.00 69,000.00
Net Income Including Non-Controlling Interests 2,909,000.00 1,552,000.00 398,000.00 -1,388,000.00 4,727,000.00 2,576,000.00 1,114,000.00 147,000.00 7,107,000.00 5,279,000.00 2,487,000.00 -5,294,000.00 8,858,000.00 5,605,000.00 3,356,000.00 374,000.00 3,095,000.00 1,518,000.00 412,000.00
Net Income Non-Controlling Interests 45,000.00 29,000.00 11,000.00 -31,000.00 47,000.00 31,000.00 15,000.00 52,000.00 -38,000.00 -63,000.00 26,000.00 86,000.00 11,000.00 -28,000.00 -38,000.00 -66,000.00 103,000.00 62,000.00 26,000.00
Net Income 2,954,000.00 1,581,000.00 409,000.00 -1,419,000.00 4,774,000.00 2,607,000.00 1,129,000.00 199,000.00 7,069,000.00 5,216,000.00 2,513,000.00 -5,208,000.00 8,869,000.00 5,577,000.00 3,318,000.00 308,000.00 3,198,000.00 1,580,000.00 438,000.00
EBIT 4,350,000.00 2,315,000.00 680,000.00 -2,369,000.00 6,478,000.00 3,602,000.00 1,629,000.00 -6,371,000.00 7,877,000.00 5,794,000.00 2,829,000.00 -5,876,000.00 9,894,000.00 6,205,000.00 3,687,000.00 74,000.00 4,008,000.00 2,000,000.00 632,000.00
Deprecation and Amortization 3,650,000.00 2,300,000.00 1,150,000.00 -1,679,000.00 2,960,000.00 1,910,000.00 929,000.00 -1,372,000.00 2,440,000.00 1,540,000.00 722,000.00 -1,011,000.00 1,750,000.00 1,130,000.00 551,000.00 -779,000.00 1,380,000.00 885,000.00 424,000.00
EBITDA 8,000,000.00 4,615,000.00 1,830,000.00 -4,048,000.00 9,438,000.00 5,512,000.00 2,558,000.00 -7,743,000.00 10,317,000.00 7,334,000.00 3,551,000.00 -6,887,000.00 11,644,000.00 7,335,000.00 4,238,000.00 -705,000.00 5,388,000.00 2,885,000.00 1,056,000.00
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 0.01 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 3,223,000.00 3,220,000.00 3,218,000.00 3,221,000.00 3,192,000.00 3,189,000.00 3,186,000.00 3,191,000.00 3,171,000.00 3,168,000.00 3,166,000.00 7,330,000.00 3,120,000.00 1,036,000.00 1,034,000.00 1,040,000.00 977,000.00 966,000.00 961,000.00
Average Shares Outstanding Diluted 3,523,000.00 3,520,000.00 3,521,000.00 3,536,000.00 3,489,000.00 3,483,000.00 3,484,000.00 3,518,000.00 3,481,000.00 3,473,000.00 3,468,000.00 8,113,000.00 3,474,000.00 1,156,000.00 1,157,000.00 1,127,000.00 1,130,000.00 1,126,000.00 1,133,000.00
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 10,934,000.00 4,696,000.00 2,156,000.00 718,000.00 10,109,000.00 3,854,000.00 242,000.00 -3,721,000.00 8,886,000.00 5,578,000.00 2,513,000.00 -7,063,000.00 11,446,000.00 6,346,000.00 3,995,000.00 -821,000.00 6,912,000.00 3,765,000.00 1,641,000.00
   Operating Net Income 2,999,000.00 1,610,000.00 420,000.00 -1,450,000.00 4,821,000.00 2,638,000.00 1,144,000.00 251,000.00 7,031,000.00 5,153,000.00 2,539,000.00 -5,122,000.00 8,880,000.00 5,549,000.00 3,280,000.00 237,000.00 3,301,000.00 1,642,000.00 464,000.00
   Deprecation and Amortization 3,650,000.00 2,300,000.00 1,150,000.00 -1,679,000.00 2,960,000.00 1,910,000.00 929,000.00 -1,372,000.00 2,440,000.00 1,540,000.00 722,000.00 -1,011,000.00 1,750,000.00 1,130,000.00 551,000.00 -779,000.00 1,380,000.00 885,000.00 424,000.00
   Deferred Income Tax 234,000.00 9,000.00 -43,000.00 -63,000.00 418,000.00 133,000.00 -11,000.00 -6,349,000.00 0 0 0 -196,000.00 0 0 0 -149,000.00 0 0 0
   Share Based Compensation 2,056,000.00 1,300,000.00 573,000.00 -908,000.00 1,420,000.00 963,000.00 524,000.00 -866,000.00 1,384,000.00 908,000.00 443,000.00 -1,026,000.00 1,337,000.00 939,000.00 535,000.00 -1,673,000.00 2,228,000.00 1,563,000.00 913,000.00
   Change in Working Capital 6,806,000.00 4,594,000.00 2,508,000.00 -7,545,000.00 6,337,000.00 3,184,000.00 5,533,000.00 -9,756,000.00 6,725,000.00 7,698,000.00 3,903,000.00 -3,368,000.00 13,894,000.00 6,555,000.00 3,540,000.00 -7,095,000.00 5,817,000.00 3,308,000.00 416,000.00
   Other Operating Activities -4,811,000.00 -5,117,000.00 -2,452,000.00 12,363,000.00 -5,847,000.00 -4,974,000.00 -7,877,000.00 14,371,000.00 -8,694,000.00 -9,721,000.00 -5,094,000.00 3,660,000.00 -14,415,000.00 -7,827,000.00 -3,911,000.00 8,638,000.00 -5,814,000.00 -3,633,000.00 -576,000.00
Investing Cash Flow -8,950,000.00 -4,595,000.00 -1,651,000.00 5,790,000.00 -11,184,000.00 -8,309,000.00 -5,084,000.00 3,698,000.00 -10,780,000.00 -6,018,000.00 -2,484,000.00 -913,000.00 -5,842,000.00 -3,051,000.00 -2,167,000.00 4,763,000.00 -5,952,000.00 -4,097,000.00 -2,582,000.00
   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 6,134,000.00 3,886,000.00 1,492,000.00 -5,033,000.00 8,556,000.00 5,043,000.00 2,773,000.00 -3,898,000.00 6,592,000.00 4,132,000.00 2,072,000.00 -3,406,000.00 5,300,000.00 3,497,000.00 1,767,000.00 -2,391,000.00 6,172,000.00 2,853,000.00 1,348,000.00
   Net Purchase/Sale of Investments Net 46,988,000.00 26,291,000.00 11,871,000.00 -11,514,000.00 38,772,000.00 26,070,000.00 10,937,000.00 -6,567,000.00 22,180,000.00 12,233,000.00 3,619,000.00 3,525,000.00 1,470,000.00 476,000.00 386,000.00 102,000.00 30,000.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 -76,000.00 64,000.00 76,000.00 0 0 0 0 0 0 0 0 0
   Other Investing Activities -62,072,000.00 -34,772,000.00 -15,014,000.00 22,337,000.00 -58,512,000.00 -39,422,000.00 -18,794,000.00 14,239,000.00 -39,616,000.00 -22,459,000.00 -8,175,000.00 -1,032,000.00 -12,612,000.00 -7,024,000.00 -4,320,000.00 7,052,000.00 -12,154,000.00 -6,950,000.00 -3,930,000.00
Financing Cash Flow 429,000.00 -554,000.00 -332,000.00 -1,947,000.00 2,868,000.00 2,736,000.00 196,000.00 1,681,000.00 1,702,000.00 -561,000.00 -233,000.00 3,739,000.00 -3,032,000.00 -2,320,000.00 -1,914,000.00 2,324,000.00 -3,946,000.00 -2,565,000.00 -1,016,000.00
   Net Issuance/Repayment of Debt 9,115,000.00 7,246,000.00 1,974,000.00 -4,605,000.00 6,434,000.00 5,323,000.00 1,473,000.00 1,665,000.00 3,753,000.00 222,000.00 106,000.00 -241,000.00 369,000.00 251,000.00 123,000.00 -169,000.00 311,000.00 196,000.00 101,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -8,686,000.00 -7,800,000.00 -2,306,000.00 2,658,000.00 -3,566,000.00 -2,587,000.00 -1,277,000.00 16,000.00 -2,051,000.00 -783,000.00 -339,000.00 3,980,000.00 -3,401,000.00 -2,571,000.00 -2,037,000.00 2,493,000.00 -4,257,000.00 -2,761,000.00 -1,117,000.00
Net Change in Cash 2,547,000.00 -302,000.00 213,000.00 4,623,000.00 1,785,000.00 -1,835,000.00 -4,725,000.00 1,798,000.00 -334,000.00 -1,045,000.00 -154,000.00 -3,864,000.00 2,005,000.00 743,000.00 -104,000.00 6,704,000.00 -3,207,000.00 -3,076,000.00 -2,178,000.00
   Cash at Beginning of Period 17,037,000.00 17,037,000.00 17,037,000.00 12,414,000.00 17,189,000.00 17,189,000.00 17,189,000.00 15,391,000.00 16,924,000.00 16,924,000.00 16,924,000.00 20,788,000.00 18,144,000.00 18,144,000.00 18,144,000.00 11,440,000.00 19,901,000.00 19,901,000.00 19,901,000.00
   Cash at End of Period 19,584,000.00 16,735,000.00 17,250,000.00 17,037,000.00 18,974,000.00 15,354,000.00 12,464,000.00 17,189,000.00 16,590,000.00 15,879,000.00 16,770,000.00 16,924,000.00 20,149,000.00 18,887,000.00 18,040,000.00 18,144,000.00 16,694,000.00 16,825,000.00 17,723,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0