Valuation Ratios

Breakdown 2024-12-31
Price to Earnings -7.48
Price to Sales 3.06
Book Value Per Common Share 22.00
Price to Book 0.90
Price to Operating Cash Flow -13.46
Price to Free Cash Flow
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Price to Earnings -0.42 -0.60 -2.02
Price to Sales 1.20 2.48 10.19
Book Value Per Common Share 8.29 9.35 14.78 22.00
Price to Book 0.70 0.83 1.00 0.90
Price to Operating Cash Flow 90.78 40.51 86.51
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Earning YoY
Revenue YoY 54.63 115.46 65.24
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 8.03
Quick Ratio 0.81
Current Ratio 0.85
Debt to Equity 0.44
Long-Term Debt to Equity 0.10
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Cash Per Common Share 0.65 0.86 1.10 4.95
Quick Ratio 0.90 0.80 0.80 0.81
Current Ratio 1.13 0.96 0.95 0.85
Debt to Equity 0.65 0.64 0.43 0.44
Long-Term Debt to Equity 0.41 0.38 0.25 0.10

Profitability

Breakdown 2024-12-31
ROA -5.16
ROE -7.43
Gross Margin 62.35
Operating Margin -39.19
EBITDA Margin -38.63
Net Profit Margin -41.02
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
ROA -101.15 -84.09 -34.75
ROE -167.05 -137.89 -49.54
Gross Margin 58.78 57.41 57.49
Operating Margin -294.10 -406.84 -476.64
EBITDA Margin -293.64 -406.36 -476.13
Net Profit Margin -288.58 -411.94 -503.81

Dividends

Breakdown 2024-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31
Assets 2,266,487.00
   Current Assets 455,617.00
      Cash and Short-Term Investments 353,688.00
            Cash and Cash Equivalents 275,983.00
            Short-Term Investments 77,705.00
      Net Receivables 79,039.00
      Inventory 0
      Other Current Assets 22,890.00
   Non-Current Assets 1,810,870.00
      Property, Plant, Equipment Net 20,528.00
      Goodwill 1,159,498.00
      Intangible Assets 808,732.00
      Long-Term Investments 0
      Non-Current Deferred Assets 5,097.00
      Other Non-Current Assets -182,985.00
Liabilities 694,633.00
   Current Liabilities 535,257.00
      Payables and Expenses 35,433.00
            Account Payables 10,639.00
            Current Accrued Liabilities 24,794.00
      Short-Term Debt 5,186.00
      Other Current Liabilities 494,638.00
   Non-Current Liabilities 159,376.00
      Long-Term Debt 15,107.00
      Other Non-Current Liabilities 144,269.00
Equity 1,571,854.00
   Shareholders Equity 1,571,854.00
      Capital Stock 71.00
      Share Premium 1,626,785.00
      Retained Earnings -75,937.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income 20,935.00
   Minority Interest 0
Investments 77,705.00
Debt 435,983.00
Net Debt 82,295.00
Common Shares Outstanding 71,460.17
Breakdown 2024-12-31
Revenues 284,897.00
Cost Of Revenue 107,256.00
Gross Profit 177,641.00
Operating Expenses 287,050.00
   Selling, General and Administrative Expenses 141,822.00
   Research and Development Expenses 11,420.00
   Other Operating Expenses 133,808.00
Operating Income -109,409.00
Net Non-Operating Income -19,989.00
Interest Income 25,877.00
Interest Expense 17,740.00
Net Interest 8,137.00
EBT -129,398.00
Income Tax 12,535.00
Net Income -116,863.00
EBIT -111,658.00
Deprecation and Amortization 1,614.00
EBITDA -110,044.00
EPS -0.00
Diluted EPS -0.00
Average Shares Outstanding Basic 44,054.83
Average Shares Outstanding Diluted 44,054.83
Breakdown 2024-12-31
Operating Cash Flow -64,854.00
   Operating Net Income -116,863.00
   Deprecation and Amortization 1,614.00
   Deferred Income Tax -16,306.00
   Share Based Compensation 2,395.00
   Change in Working Capital -10,837.00
   Other Operating Activities 75,143.00
Investing Cash Flow -79,363.00
   Capital Expenditure 0.00
   Net Purchase/Sale of PPE 6,759.00
   Net Purchase/Sale of Investments Net 289.00
   Net Purchase/Sale of Business 72,315.00
   Other Investing Activities -158,726.00
Financing Cash Flow 409,633.00
   Net Issuance/Repayment of Debt 213.00
   Net Issuance/Repurchase of Equity 0
   Dividends Paid 0
   Other Financing Activities 409,420.00
Net Change in Cash 265,194.00
   Cash at Beginning of Period 10,789.00
   Cash at End of Period 275,983.00
Free Cash Flow 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Assets 987,424.00 1,096,519.00 1,506,120.00 2,266,487.00
   Current Assets 161,849.00 168,346.00 174,502.00 455,617.00
      Cash and Short-Term Investments 46,301.00 61,732.00 78,656.00 353,688.00
            Cash and Cash Equivalents 46,301.00 61,732.00 78,656.00 275,983.00
            Short-Term Investments 0 0 0 77,705.00
      Net Receivables 82,333.00 78,039.00 68,099.00 79,039.00
      Inventory 0 0 0 0
      Other Current Assets 33,215.00 28,575.00 27,747.00 22,890.00
   Non-Current Assets 825,575.00 928,173.00 1,331,618.00 1,810,870.00
      Property, Plant, Equipment Net 16,044.00 17,391.00 18,893.00 20,528.00
      Goodwill 111,844.00 269,978.00 989,510.00 1,159,498.00
      Intangible Assets 746,521.00 767,896.00 789,200.00 808,732.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 5,425.00 5,118.00 5,095.00 5,097.00
      Other Non-Current Assets -54,259.00 -132,210.00 -471,080.00 -182,985.00
Liabilities 389,492.00 427,838.00 449,705.00 694,633.00
   Current Liabilities 143,259.00 175,070.00 182,857.00 535,257.00
      Payables and Expenses 37,748.00 67,587.00 84,748.00 35,433.00
            Account Payables 7,664.00 10,186.00 8,949.00 10,639.00
            Current Accrued Liabilities 30,084.00 57,401.00 75,799.00 24,794.00
      Short-Term Debt 4,919.00 5,240.00 5,202.00 5,186.00
      Other Current Liabilities 100,592.00 102,243.00 92,907.00 494,638.00
   Non-Current Liabilities 246,233.00 252,768.00 266,848.00 159,376.00
      Long-Term Debt 11,460.00 12,366.00 13,614.00 15,107.00
      Other Non-Current Liabilities 234,773.00 240,402.00 253,234.00 144,269.00
Equity 597,932.00 668,681.00 1,056,415.00 1,571,854.00
   Shareholders Equity 597,932.00 668,681.00 1,056,415.00 1,571,854.00
      Capital Stock 72.00 71.00 71.00 71.00
      Share Premium 1,642,502.00 1,634,904.00 1,630,744.00 1,626,785.00
      Retained Earnings -1,074,765.00 -997,987.00 -599,325.00 -75,937.00
      Treasury Shares 629.00 0 0 0
      Accumulated Other Comprehensive Income 30,752.00 31,693.00 24,925.00 20,935.00
   Minority Interest 0 0 0 0
Investments 0 0 0 77,705.00
Debt 16,379.00 17,606.00 18,816.00 435,983.00
Net Debt 0 0 0 82,295.00
Common Shares Outstanding 72,147.34 71,489.00 71,485.18 71,460.17
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Revenues 346,116.00 223,830.00 103,887.00 62,872.00
Cost Of Revenue 142,674.00 95,324.00 44,160.00 23,814.00
Interest Income 7,981.00 5,516.00 2,639.00 874.00
Interest Expense 7,067.00 4,628.00 1,813.00 5,761.00
Net Interest 914.00 888.00 826.00 0
Non-Interest Expense 0 0 0 32,582.00
Gross Profit 203,442.00 128,506.00 59,727.00 39,058.00
Operating Expenses 1,214,489.00 1,031,699.00 552,631.00 46,547.00
   Selling, General and Administrative Expenses 170,446.00 113,578.00 57,594.00 32,582.00
   Research and Development Expenses 8,279.00 5,385.00 2,789.00 2,571.00
   Other Operating Expenses 1,035,764.00 912,736.00 492,248.00 0
Operating Income -1,011,047.00 -903,193.00 -492,904.00 -7,489.00
Net Non-Operating Income -13,944.00 -12,056.00 -4,081.00 -1,732.00
EBT -1,024,991.00 -915,249.00 -496,985.00 -20,996.00
Income Tax 26,163.00 6,801.00 26,403.00 -3,566.00
Net Income Including Non-Controlling Interests 0 0 0 -17,430.00
Net Income -998,828.00 -922,050.00 -523,388.00 -17,430.00
EBIT -1,017,924.00 -910,621.00 -495,172.00 -15,235.00
Deprecation and Amortization 1,592.00 1,063.00 532.00 11,552.00
EBITDA -1,016,332.00 -909,558.00 -494,640.00 -3,683.00
EPS -0.01 -0.01 -0.01 -0.00
Diluted EPS -0.01 -0.01 -0.01 -0.00
Average Shares Outstanding Basic 71,570.86 71,476.67 71,465.49 71,454.21
Average Shares Outstanding Diluted 71,570.86 71,476.67 71,465.49 71,454.21
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Operating Cash Flow 4,584.00 13,706.00 12,235.00 -4,580.00
   Operating Net Income -998,828.00 -922,050.00 -523,388.00 -17,430.00
   Deprecation and Amortization 1,592.00 1,063.00 532.00 11,552.00
   Deferred Income Tax -31,231.00 -24,302.00 -26,436.00 -5,042.00
   Share Based Compensation 15,718.00 8,119.00 3,959.00 313.00
   Change in Working Capital 31,980.00 52,106.00 52,754.00 6,449.00
   Other Operating Activities 985,353.00 898,770.00 504,814.00 -422.00
Investing Cash Flow 62,592.00 67,935.00 72,091.00 -1,281.00
   Capital Expenditure 0.00 0.00 0.00 0
   Net Purchase/Sale of PPE 12,562.00 8,569.00 4,413.00 -37.00
   Net Purchase/Sale of Investments Net 291.00 291.00 291.00 0
   Net Purchase/Sale of Business 1,350.00 0 0 0
   Other Investing Activities 48,389.00 59,075.00 67,387.00 0
Financing Cash Flow -297,661.00 -297,033.00 -282,033.00 18,798.00
   Net Issuance/Repayment of Debt 567,033.00 567,033.00 552,033.00 -213.00
   Net Issuance/Repurchase of Equity 1.00 0 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities -864,695.00 -864,066.00 -834,066.00 0
Net Change in Cash -229,682.00 -214,251.00 -197,327.00 12,937.00
   Cash at Beginning of Period 275,983.00 275,983.00 275,983.00 8,136.00
   Cash at End of Period 46,301.00 61,732.00 78,656.00 21,608.00
Free Cash Flow 0 0 0 -5,861.00