TWLO
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -163.76 | -13.69 | -7.14 | -48.32 | |
| Price to Sales | 4.02 | 3.35 | 2.34 | 16.14 | 31.52 |
| Book Value Per Common Share | 52.11 | 53.49 | 56.78 | 61.13 | 51.53 |
| Price to Book | 2.07 | 1.42 | 0.86 | 4.31 | 6.57 |
| Price to Operating Cash Flow | 25.04 | 33.54 | -35.22 | -788.21 | 1700.15 |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA | 661336.77 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | 192.48 | 444.14 | 753.15 | -114.42 | -113.62 | -197.26 | -16.53 | -23.13 | -36.21 | -12.28 | -27.94 | -133.99 | -83.52 | -154.57 | -274.81 | |||||
| Price to Sales | 4.14 | 7.94 | 12.81 | 3.40 | 4.68 | 10.57 | 3.50 | 5.75 | 12.34 | 4.50 | 8.37 | 34.06 | 27.55 | 53.31 | 96.55 | |||||
| Book Value Per Common Share | 51.53 | 52.48 | 52.20 | 52.11 | 48.39 | 49.42 | 52.19 | 53.49 | 54.28 | 53.95 | 55.36 | 56.78 | 57.76 | 59.69 | 60.35 | 61.13 | 64.20 | 62.80 | 61.30 | 51.53 |
| Price to Book | 1.94 | 2.37 | 1.88 | 2.07 | 1.35 | 1.15 | 1.17 | 1.42 | 1.08 | 1.18 | 1.20 | 0.86 | 1.20 | 1.40 | 2.73 | 4.31 | 4.97 | 6.28 | 5.56 | 6.57 |
| Price to Operating Cash Flow | 20.96 | 40.72 | 78.59 | 18.25 | 24.73 | 58.22 | 55.99 | -827.31 | -126.91 | -64.34 | -189.96 | -1695.58 | -2759.95 | 2559.48 | 12620.74 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA | 570350.72 | 859469.62 | 1400127.96 | 978326.21 | 1762168.00 | 5746581.70 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 7.32 | 8.56 | 34.64 | 61.31 | |
| EBITDA YoY | |||||
| Net Profit YoY |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | 85.71 | 115.38 | 129900.00 | |||||||||||||||||
| Revenue YoY | 54.16 | 104.77 | 53.23 | 103.39 | 50.56 | 103.10 | 54.05 | 107.77 | 58.79 | 113.38 | ||||||||||
| EBITDA YoY | 21.23 | 106.82 | 78.26 | 100.25 | 193.92 | -94.19 | ||||||||||||||
| Net Profit YoY | 87.77 | 112.02 | -84.61 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 14.37 | 21.88 | 22.71 | 30.76 | 18.53 |
| Quick Ratio | 3.62 | 6.20 | 5.82 | 8.17 | 7.34 |
| Current Ratio | 4.20 | 6.64 | 6.17 | 8.43 | 7.52 |
| Debt to Equity | 0.24 | 0.19 | 0.19 | 0.18 | 0.12 |
| Long-Term Debt to Equity | 0.14 | 0.12 | 0.11 | 0.11 | 0.07 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 16.05 | 16.59 | 15.96 | 15.62 | 15.87 | 17.74 | 21.14 | 22.05 | 20.98 | 19.92 | 21.17 | 22.34 | 23.08 | 24.18 | 28.87 | 29.69 | 31.25 | 34.80 | 34.14 | 18.53 |
| Quick Ratio | 4.14 | 4.35 | 4.17 | 3.62 | 4.64 | 5.13 | 6.11 | 6.20 | 6.08 | 5.64 | 5.73 | 5.82 | 5.43 | 6.12 | 7.82 | 8.17 | 9.30 | 10.68 | 11.93 | 7.34 |
| Current Ratio | 4.68 | 4.90 | 4.78 | 4.20 | 5.06 | 5.57 | 6.55 | 6.64 | 6.53 | 6.14 | 6.16 | 6.17 | 5.74 | 6.42 | 8.10 | 8.43 | 9.57 | 10.93 | 12.19 | 7.52 |
| Debt to Equity | 0.23 | 0.22 | 0.23 | 0.24 | 0.22 | 0.21 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.19 | 0.18 | 0.18 | 0.17 | 0.17 | 0.19 | 0.12 |
| Long-Term Debt to Equity | 0.14 | 0.13 | 0.14 | 0.14 | 0.13 | 0.13 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.12 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.15 | 0.07 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -1.11 | -8.75 | -10.00 | -7.31 | -5.18 |
| ROE | -1.38 | -10.43 | -11.90 | -8.61 | -5.81 |
| Gross Margin | 51.10 | 49.20 | 47.40 | 48.94 | 51.97 |
| Operating Margin | -1.99 | -23.99 | -32.50 | -33.81 | -28.63 |
| EBITDA Margin | 5.59 | -14.38 | -26.07 | -25.99 | -20.52 |
| Net Profit Margin | -2.45 | -24.45 | -32.83 | -33.43 | -27.87 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | 0.82 | 0.43 | 0.20 | -0.97 | -0.83 | -0.49 | -5.48 | -4.27 | -2.78 | -8.14 | -4.23 | -1.72 | -5.07 | -3.47 | -1.69 | |||||
| ROE | 1.01 | 0.53 | 0.25 | -1.18 | -1.00 | -0.59 | -6.51 | -5.10 | -3.32 | -9.75 | -5.02 | -2.03 | -5.94 | -4.06 | -2.02 | |||||
| Gross Margin | 49.07 | 49.33 | 49.60 | 51.44 | 51.65 | 51.96 | 154.45 | 153.23 | 48.75 | 47.56 | 47.86 | 48.56 | 49.73 | 50.01 | 50.56 | |||||
| Operating Margin | 2.51 | 2.51 | 2.27 | -2.30 | -3.35 | -4.31 | -20.70 | -24.32 | -32.95 | -36.53 | -29.95 | -25.64 | -32.48 | -33.37 | -34.86 | |||||
| EBITDA Margin | 7.26 | 9.24 | 9.15 | 3.47 | 2.66 | 1.84 | -11.53 | -15.18 | -26.21 | -30.10 | -23.49 | -19.09 | -24.24 | -24.99 | -25.48 | |||||
| Net Profit Margin | 2.15 | 1.77 | 1.71 | -2.97 | -4.10 | -5.29 | -21.12 | -24.87 | -33.99 | -36.65 | -29.93 | -25.32 | -32.94 | -34.51 | -35.01 |
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 | 2021-12-31 | 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 | 9,865,472.00 | 11,609,707.00 | 12,564,304.00 | 12,998,598.00 | 9,487,433.00 |
| Current Assets | 3,447,299.00 | 4,903,972.00 | 4,984,086.00 | 5,932,228.00 | 3,372,335.00 |
| Cash and Short-Term Investments | 2,384,399.00 | 4,011,995.00 | 4,155,069.00 | 5,357,882.00 | 3,039,791.00 |
| Cash and Cash Equivalents | 421,297.00 | 655,931.00 | 651,752.00 | 1,479,452.00 | 933,885.00 |
| Short-Term Investments | 1,963,102.00 | 3,356,064.00 | 3,503,317.00 | 3,878,430.00 | 2,105,906.00 |
| Net Receivables | 588,540.00 | 562,773.00 | 547,507.00 | 388,215.00 | 251,167.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 474,360.00 | 329,204.00 | 281,510.00 | 186,131.00 | 81,377.00 |
| Non-Current Assets | 6,418,173.00 | 6,705,735.00 | 7,580,218.00 | 7,066,370.00 | 6,115,098.00 |
| Property, Plant, Equipment Net | 244,447.00 | 283,598.00 | 385,320.00 | 489,900.00 | 441,849.00 |
| Goodwill | 10,449,366.00 | 5,243,266.00 | 5,309,853.00 | 5,926,769.00 | 9,134,332.00 |
| Intangible Assets | 591,803.00 | 802,090.00 | 1,358,835.00 | 1,050,012.00 | 966,573.00 |
| Long-Term Investments | 971,635.00 | 1,187,182.00 | 1,399,911.00 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | -5,839,078.00 | -810,401.00 | -873,701.00 | -400,311.00 | -4,427,656.00 |
| Liabilities | 1,912,506.00 | 1,877,155.00 | 2,005,262.00 | 1,967,132.00 | 1,034,768.00 |
| Current Liabilities | 820,220.00 | 738,297.00 | 808,158.00 | 703,550.00 | 448,306.00 |
| Payables and Expenses | 176,877.00 | 197,208.00 | 204,308.00 | 172,113.00 | 114,725.00 |
| Account Payables | 100,169.00 | 119,615.00 | 124,605.00 | 93,333.00 | 60,042.00 |
| Current Accrued Liabilities | 76,708.00 | 77,593.00 | 79,703.00 | 78,780.00 | 54,683.00 |
| Short-Term Debt | 33,685.00 | 49,872.00 | 54,222.00 | 52,325.00 | 57,400.00 |
| Other Current Liabilities | 609,658.00 | 491,217.00 | 549,628.00 | 479,112.00 | 276,181.00 |
| Non-Current Liabilities | 1,092,286.00 | 1,138,858.00 | 1,197,104.00 | 1,263,582.00 | 586,462.00 |
| Long-Term Debt | 85,875.00 | 129,961.00 | 185,841.00 | 236,385.00 | 549,829.00 |
| Other Non-Current Liabilities | 1,006,411.00 | 1,008,897.00 | 1,011,263.00 | 1,027,197.00 | 36,633.00 |
| Equity | 7,952,966.00 | 9,732,552.00 | 10,559,042.00 | 11,031,466.00 | 8,452,665.00 |
| Shareholders Equity | 7,952,966.00 | 9,732,552.00 | 10,559,042.00 | 11,031,466.00 | 8,452,665.00 |
| Capital Stock | 153.00 | 182.00 | 186.00 | 180.00 | 164.00 |
| Share Premium | 15,476,124.00 | 14,797,723.00 | 14,055,853.00 | 13,169,118.00 | 9,613,246.00 |
| Retained Earnings | -7,522,010.00 | -5,065,972.00 | -3,375,836.00 | -2,119,691.00 | -1,169,791.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -1,301.00 | 619.00 | -121,161.00 | -18,141.00 | 9,046.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 2,934,737.00 | 4,543,246.00 | 4,903,228.00 | 3,878,430.00 | 2,105,906.00 |
| Debt | 2,100,734.00 | 2,157,739.00 | 2,214,827.00 | 2,260,524.00 | 607,229.00 |
| Common Shares Outstanding | 152,610.70 | 181,945.77 | 185,975.71 | 180,468.10 | 164,047.52 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 4,458,036.00 | 4,153,945.00 | 3,826,321.00 | 2,841,839.00 | 1,761,776.00 |
| Cost Of Revenue | 2,179,824.00 | 2,110,015.00 | 2,012,744.00 | 1,451,126.00 | 846,115.00 |
| Gross Profit | 2,278,212.00 | 2,043,930.00 | 1,813,577.00 | 1,390,713.00 | 915,661.00 |
| Operating Expenses | 2,331,920.00 | 1,854,455.00 | 3,018,885.00 | 2,306,297.00 | 1,408,562.00 |
| Selling, General and Administrative Expenses | 1,309,900.00 | 1,491,444.00 | 1,765,446.00 | 1,517,078.00 | 878,014.00 |
| Research and Development Expenses | 1,008,747.00 | 942,790.00 | 1,079,081.00 | 789,219.00 | 530,548.00 |
| Other Operating Expenses | 13,273.00 | -579,779.00 | 174,358.00 | 0.00 | 0.00 |
| Operating Income | -53,708.00 | 189,475.00 | -1,205,308.00 | -915,584.00 | -492,901.00 |
| Net Non-Operating Income | -34,905.00 | -1,186,204.00 | -38,324.00 | -45,345.00 | -11,525.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Interest | 90,200.00 | 77,700.00 | 64,600.00 | 55,700.00 | 32,400.00 |
| EBT | -88,613.00 | -996,729.00 | -1,243,632.00 | -960,929.00 | -504,426.00 |
| Income Tax | 20,790.00 | 18,712.00 | 12,513.00 | 11,029.00 | 13,447.00 |
| Equity Method Investments Income | -216,981.00 | -121,897.00 | -35,315.00 | 0 | 0 |
| Net Income | -109,403.00 | -1,015,441.00 | -1,256,145.00 | -949,900.00 | -490,979.00 |
| EBIT | -88,613.00 | -996,729.00 | -1,243,632.00 | -960,929.00 | -504,426.00 |
| Deprecation and Amortization | 338,019.00 | 399,228.00 | 245,962.00 | 222,220.00 | 142,871.00 |
| EBITDA | 249,406.00 | -597,501.00 | -997,670.00 | -738,709.00 | -361,555.00 |
| EPS | -0.00 | -0.01 | -0.01 | -0.01 | 0 |
| Diluted EPS | -0.00 | -0.01 | -0.01 | -0.01 | 0 |
| Average Shares Outstanding Basic | 165,925.13 | 183,327.84 | 182,994.04 | 174,180.46 | 0 |
| Average Shares Outstanding Diluted | 165,925.13 | 183,327.84 | 182,994.04 | 174,180.46 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 716,241.00 | 414,752.00 | -254,368.00 | -58,192.00 | 32,654.00 |
| Operating Net Income | -109,403.00 | -1,015,441.00 | -1,256,145.00 | -949,900.00 | -490,979.00 |
| Deprecation and Amortization | 338,019.00 | 399,228.00 | 245,962.00 | 222,220.00 | 142,871.00 |
| Deferred Income Tax | -1,982.00 | -16,742.00 | -12,965.00 | -19,845.00 | -18,934.00 |
| Share Based Compensation | 616,607.00 | 675,857.00 | 798,560.00 | 632,285.00 | 360,936.00 |
| Change in Working Capital | 289,273.00 | 56,763.00 | 474,235.00 | 449,247.00 | 286,245.00 |
| Other Operating Activities | -416,273.00 | 315,087.00 | -504,015.00 | -392,199.00 | -247,485.00 |
| Investing Cash Flow | 1,370,837.00 | 228,603.00 | -616,452.00 | -2,489,996.00 | -845,855.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 58,786.00 | 51,235.00 | 80,182.00 | 90,021.00 | 59,133.00 |
| Net Purchase/Sale of Investments Net | 3,277,349.00 | 4,153,420.00 | 3,377,814.00 | 5,138,011.00 | 2,820,049.00 |
| Net Purchase/Sale of Business | 0 | 43,964.00 | 37,410.00 | 491,522.00 | 333,591.00 |
| Other Investing Activities | -1,965,298.00 | -4,020,016.00 | -4,111,858.00 | -8,209,550.00 | -4,058,628.00 |
| Financing Cash Flow | -2,311,572.00 | -643,610.00 | 45,007.00 | 3,096,325.00 | 1,493,311.00 |
| Net Issuance/Repayment of Debt | 12,558.00 | 16,134.00 | 13,423.00 | 995,795.00 | 10,784.00 |
| Net Issuance/Repurchase of Equity | 2,371,786.00 | 712,591.00 | 59,563.00 | 1,765,713.00 | 1,512,873.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -4,695,916.00 | -1,372,335.00 | -27,979.00 | 334,817.00 | -30,346.00 |
| Net Change in Cash | -224,494.00 | -147.00 | -825,753.00 | 547,946.00 | 680,150.00 |
| Cash at Beginning of Period | 655,931.00 | 656,078.00 | 1,481,831.00 | 933,885.00 | 253,735.00 |
| Cash at End of Period | 431,437.00 | 655,931.00 | 656,078.00 | 1,481,831.00 | 933,885.00 |
| 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 | 9,712,319.00 | 9,848,292.00 | 9,814,715.00 | 9,865,472.00 | 10,037,257.00 | 10,507,652.00 | 11,289,289.00 | 11,609,707.00 | 11,857,738.00 | 11,904,486.00 | 12,298,908.00 | 12,564,304.00 | 12,612,656.00 | 12,869,229.00 | 12,890,802.00 | 12,998,598.00 | 12,976,847.00 | 12,533,585.00 | 12,242,181.00 | 9,487,433.00 |
| Current Assets | 3,477,326.00 | 3,531,637.00 | 3,467,856.00 | 3,447,299.00 | 3,548,322.00 | 3,963,701.00 | 4,677,595.00 | 4,903,972.00 | 4,741,578.00 | 4,664,500.00 | 4,856,536.00 | 4,984,086.00 | 4,962,272.00 | 5,104,391.00 | 5,831,190.00 | 5,932,228.00 | 5,905,805.00 | 6,373,688.00 | 6,093,975.00 | 3,372,335.00 |
| Cash and Short-Term Investments | 2,458,911.00 | 2,542,600.00 | 2,448,077.00 | 2,384,399.00 | 2,698,248.00 | 3,116,128.00 | 3,826,600.00 | 4,011,995.00 | 3,857,409.00 | 3,683,968.00 | 3,945,307.00 | 4,155,069.00 | 4,208,545.00 | 4,392,284.00 | 5,223,312.00 | 5,357,882.00 | 5,394,252.00 | 5,925,185.00 | 5,707,058.00 | 3,039,791.00 |
| Cash and Cash Equivalents | 734,843.00 | 969,229.00 | 467,094.00 | 421,297.00 | 583,969.00 | 755,065.00 | 672,595.00 | 655,931.00 | 677,917.00 | 675,081.00 | 634,824.00 | 651,752.00 | 632,794.00 | 798,625.00 | 1,617,022.00 | 1,479,452.00 | 1,497,498.00 | 1,799,602.00 | 2,331,774.00 | 933,885.00 |
| Short-Term Investments | 1,724,068.00 | 1,573,371.00 | 1,980,983.00 | 1,963,102.00 | 2,114,279.00 | 2,361,063.00 | 3,154,005.00 | 3,356,064.00 | 3,179,492.00 | 3,008,887.00 | 3,310,483.00 | 3,503,317.00 | 3,575,751.00 | 3,593,659.00 | 3,606,290.00 | 3,878,430.00 | 3,896,754.00 | 4,125,583.00 | 3,375,284.00 | 2,105,906.00 |
| Net Receivables | 613,120.00 | 587,966.00 | 577,624.00 | 588,540.00 | 550,901.00 | 537,313.00 | 540,932.00 | 562,773.00 | 557,201.00 | 599,806.00 | 575,664.00 | 547,507.00 | 487,750.00 | 471,915.00 | 406,736.00 | 388,215.00 | 345,793.00 | 301,548.00 | 257,854.00 | 251,167.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 405,295.00 | 401,071.00 | 442,155.00 | 474,360.00 | 299,173.00 | 310,260.00 | 310,063.00 | 329,204.00 | 326,968.00 | 380,726.00 | 335,565.00 | 281,510.00 | 265,977.00 | 240,192.00 | 201,142.00 | 186,131.00 | 165,760.00 | 146,955.00 | 129,063.00 | 81,377.00 |
| Non-Current Assets | 6,234,993.00 | 6,316,655.00 | 6,346,859.00 | 6,418,173.00 | 6,488,935.00 | 6,543,951.00 | 6,611,694.00 | 6,705,735.00 | 7,116,160.00 | 7,239,986.00 | 7,442,372.00 | 7,580,218.00 | 7,650,384.00 | 7,764,838.00 | 7,059,612.00 | 7,066,370.00 | 7,071,042.00 | 6,159,897.00 | 6,148,206.00 | 6,115,098.00 |
| Property, Plant, Equipment Net | 222,646.00 | 231,131.00 | 232,527.00 | 244,447.00 | 253,186.00 | 262,460.00 | 270,160.00 | 283,598.00 | 301,383.00 | 321,585.00 | 357,594.00 | 385,320.00 | 391,429.00 | 478,231.00 | 484,954.00 | 489,900.00 | 485,823.00 | 439,803.00 | 437,213.00 | 441,849.00 |
| Goodwill | 5,243,266.00 | 10,449,366.00 | 10,449,366.00 | 10,449,366.00 | 10,449,366.00 | 10,449,366.00 | 10,449,366.00 | 5,243,266.00 | 5,243,266.00 | 5,243,266.00 | 5,284,388.00 | 5,309,853.00 | 5,284,616.00 | 5,285,563.00 | 5,286,683.00 | 5,926,769.00 | 5,863,121.00 | 4,664,185.00 | 4,635,177.00 | 9,134,332.00 |
| Intangible Assets | 157,353.00 | 184,260.00 | 211,315.00 | 591,803.00 | 265,841.00 | 293,328.00 | 321,501.00 | 802,090.00 | 678,721.00 | 727,644.00 | 797,699.00 | 1,358,835.00 | 1,962,596.00 | 953,522.00 | 1,006,692.00 | 1,050,012.00 | 1,102,599.00 | 913,308.00 | 951,884.00 | 966,573.00 |
| Long-Term Investments | 413,030.00 | 439,011.00 | 464,580.00 | 971,635.00 | 514,977.00 | 541,120.00 | 568,145.00 | 1,187,182.00 | 623,118.00 | 656,940.00 | 684,144.00 | 1,399,911.00 | 732,490.00 | 750,000.00 | 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 | 198,698.00 | -4,987,113.00 | -5,010,929.00 | -5,839,078.00 | -4,994,435.00 | -5,002,323.00 | -4,997,478.00 | -810,401.00 | 269,672.00 | 290,551.00 | 318,547.00 | -873,701.00 | -720,747.00 | 297,522.00 | 281,283.00 | -400,311.00 | -380,501.00 | 142,601.00 | 123,932.00 | -4,427,656.00 |
| Liabilities | 1,817,030.00 | 1,804,370.00 | 1,810,424.00 | 1,912,506.00 | 1,808,390.00 | 1,828,179.00 | 1,841,559.00 | 1,877,155.00 | 1,878,357.00 | 1,927,927.00 | 1,980,042.00 | 2,005,262.00 | 2,081,768.00 | 2,027,234.00 | 1,973,369.00 | 1,967,132.00 | 1,895,098.00 | 1,839,473.00 | 1,994,985.00 | 1,034,768.00 |
| Current Liabilities | 742,288.00 | 720,059.00 | 725,940.00 | 820,220.00 | 700,737.00 | 711,499.00 | 714,603.00 | 738,297.00 | 726,117.00 | 759,803.00 | 788,449.00 | 808,158.00 | 864,173.00 | 795,320.00 | 719,822.00 | 703,550.00 | 617,073.00 | 583,285.00 | 499,924.00 | 448,306.00 |
| Payables and Expenses | 108,252.00 | 148,351.00 | 164,440.00 | 176,877.00 | 134,980.00 | 131,172.00 | 136,560.00 | 197,208.00 | 172,084.00 | 176,528.00 | 192,407.00 | 204,308.00 | 179,649.00 | 188,541.00 | 177,644.00 | 172,113.00 | 142,387.00 | 175,974.00 | 122,224.00 | 114,725.00 |
| Account Payables | 40,321.00 | 76,181.00 | 107,707.00 | 100,169.00 | 71,320.00 | 61,831.00 | 82,194.00 | 119,615.00 | 104,424.00 | 93,500.00 | 121,157.00 | 124,605.00 | 103,234.00 | 102,039.00 | 93,389.00 | 93,333.00 | 76,293.00 | 105,998.00 | 66,511.00 | 60,042.00 |
| Current Accrued Liabilities | 67,931.00 | 72,170.00 | 56,733.00 | 76,708.00 | 63,660.00 | 69,341.00 | 54,366.00 | 77,593.00 | 67,660.00 | 83,028.00 | 71,250.00 | 79,703.00 | 76,415.00 | 86,502.00 | 84,255.00 | 78,780.00 | 66,094.00 | 69,976.00 | 55,713.00 | 54,683.00 |
| Short-Term Debt | 34,987.00 | 34,342.00 | 31,886.00 | 33,685.00 | 38,322.00 | 43,451.00 | 47,904.00 | 49,872.00 | 51,926.00 | 53,089.00 | 54,904.00 | 54,222.00 | 52,453.00 | 50,743.00 | 53,094.00 | 52,325.00 | 50,760.00 | 46,760.00 | 46,239.00 | 57,400.00 |
| Other Current Liabilities | 599,049.00 | 537,366.00 | 529,614.00 | 609,658.00 | 527,435.00 | 536,876.00 | 530,139.00 | 491,217.00 | 502,107.00 | 530,186.00 | 541,138.00 | 549,628.00 | 632,071.00 | 556,036.00 | 489,084.00 | 479,112.00 | 423,926.00 | 360,551.00 | 331,461.00 | 276,181.00 |
| Non-Current Liabilities | 1,074,742.00 | 1,084,311.00 | 1,084,484.00 | 1,092,286.00 | 1,107,653.00 | 1,116,680.00 | 1,126,956.00 | 1,138,858.00 | 1,152,240.00 | 1,168,124.00 | 1,191,593.00 | 1,197,104.00 | 1,217,595.00 | 1,231,914.00 | 1,253,547.00 | 1,263,582.00 | 1,278,025.00 | 1,256,188.00 | 1,495,061.00 | 586,462.00 |
| Long-Term Debt | 68,000.00 | 76,819.00 | 78,048.00 | 85,875.00 | 94,762.00 | 107,526.00 | 117,227.00 | 129,961.00 | 145,387.00 | 160,770.00 | 179,946.00 | 185,841.00 | 201,178.00 | 208,003.00 | 223,407.00 | 236,385.00 | 243,287.00 | 223,801.00 | 234,389.00 | 549,829.00 |
| Other Non-Current Liabilities | 1,006,742.00 | 1,007,492.00 | 1,006,436.00 | 1,006,411.00 | 1,012,891.00 | 1,009,154.00 | 1,009,729.00 | 1,008,897.00 | 1,006,853.00 | 1,007,354.00 | 1,011,647.00 | 1,011,263.00 | 1,016,417.00 | 1,023,911.00 | 1,030,140.00 | 1,027,197.00 | 1,034,738.00 | 1,032,387.00 | 1,260,672.00 | 36,633.00 |
| Equity | 7,895,289.00 | 8,043,922.00 | 8,004,291.00 | 7,952,966.00 | 8,228,867.00 | 8,679,473.00 | 9,447,730.00 | 9,732,552.00 | 9,979,381.00 | 9,976,559.00 | 10,318,866.00 | 10,559,042.00 | 10,530,888.00 | 10,841,995.00 | 10,917,433.00 | 11,031,466.00 | 11,081,749.00 | 10,694,112.00 | 10,247,196.00 | 8,452,665.00 |
| Shareholders Equity | 7,895,289.00 | 8,043,922.00 | 8,004,291.00 | 7,952,966.00 | 8,228,867.00 | 8,679,473.00 | 9,447,730.00 | 9,732,552.00 | 9,979,381.00 | 9,976,559.00 | 10,318,866.00 | 10,559,042.00 | 10,530,888.00 | 10,841,995.00 | 10,917,433.00 | 11,031,466.00 | 11,081,749.00 | 10,694,112.00 | 10,247,196.00 | 8,452,665.00 |
| Capital Stock | 152.00 | 154.00 | 153.00 | 153.00 | 155.00 | 164.00 | 177.00 | 182.00 | 182.00 | 181.00 | 186.00 | 186.00 | 184.00 | 183.00 | 181.00 | 180.00 | 178.00 | 176.00 | 171.00 | 164.00 |
| Share Premium | 15,971,163.00 | 15,805,141.00 | 15,625,545.00 | 15,476,124.00 | 15,299,179.00 | 15,136,786.00 | 14,960,837.00 | 14,797,723.00 | 14,610,887.00 | 14,418,946.00 | 14,233,590.00 | 14,055,853.00 | 13,842,301.00 | 13,623,300.00 | 13,343,554.00 | 13,169,118.00 | 12,910,271.00 | 12,297,415.00 | 11,618,698.00 | 9,613,246.00 |
| Retained Earnings | -8,098,632.00 | -7,786,089.00 | -7,631,765.00 | -7,522,010.00 | -7,094,862.00 | -6,446,806.00 | -5,508,343.00 | -5,065,972.00 | -4,578,962.00 | -4,382,293.00 | -3,842,965.00 | -3,375,836.00 | -3,146,414.00 | -2,664,087.00 | -2,341,318.00 | -2,119,691.00 | -1,828,295.00 | -1,604,186.00 | -1,376,333.00 | -1,169,791.00 |
| 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 | 22,606.00 | 24,716.00 | 10,358.00 | -1,301.00 | 24,395.00 | -10,671.00 | -4,941.00 | 619.00 | -52,726.00 | -60,275.00 | -71,945.00 | -121,161.00 | -165,183.00 | -117,401.00 | -84,984.00 | -18,141.00 | -405.00 | 707.00 | 4,660.00 | 9,046.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2,137,098.00 | 2,012,382.00 | 2,445,563.00 | 2,934,737.00 | 2,629,256.00 | 2,902,183.00 | 3,722,150.00 | 4,543,246.00 | 3,802,610.00 | 3,665,827.00 | 3,994,627.00 | 4,903,228.00 | 4,308,241.00 | 4,343,659.00 | 3,606,290.00 | 3,878,430.00 | 3,896,754.00 | 4,125,583.00 | 3,375,284.00 | 2,105,906.00 |
| Debt | 2,086,699.00 | 2,094,019.00 | 2,091,946.00 | 2,100,734.00 | 2,113,430.00 | 2,130,501.00 | 2,143,843.00 | 2,157,739.00 | 2,174,423.00 | 2,190,179.00 | 2,210,388.00 | 2,214,827.00 | 2,227,601.00 | 2,231,984.00 | 2,248,987.00 | 2,260,524.00 | 2,265,141.00 | 2,240,999.00 | 2,716,724.00 | 607,229.00 |
| Common Shares Outstanding | 0 | 0 | 0 | 152,610.70 | 0 | 0 | 0 | 181,945.77 | 0 | 0 | 0 | 185,975.71 | 0 | 0 | 0 | 180,468.10 | 0 | 0 | 0 | 164,047.52 |
| 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 | 3,701,290.00 | 2,400,888.00 | 1,172,463.00 | -1,981,767.00 | 3,263,201.00 | 2,129,552.00 | 1,047,050.00 | -1,974,939.00 | 3,077,995.00 | 2,044,325.00 | 1,006,564.00 | -1,669,506.00 | 2,801,747.00 | 1,818,717.00 | 875,363.00 | -1,006,163.00 | 1,999,095.00 | 1,258,919.00 | 589,988.00 |
| Cost Of Revenue | 1,884,906.00 | 1,216,581.00 | 590,896.00 | -937,537.00 | 1,584,686.00 | 1,029,666.00 | 503,009.00 | 4,358,294.00 | -1,675,999.00 | -1,088,154.00 | 515,874.00 | -855,217.00 | 1,469,312.00 | 948,357.00 | 450,292.00 | -474,855.00 | 1,004,929.00 | 629,368.00 | 291,684.00 |
| Gross Profit | 1,816,384.00 | 1,184,307.00 | 581,567.00 | -1,044,230.00 | 1,678,515.00 | 1,099,886.00 | 544,041.00 | -6,333,233.00 | 4,753,994.00 | 3,132,479.00 | 490,690.00 | -814,289.00 | 1,332,435.00 | 870,360.00 | 425,071.00 | -531,308.00 | 994,166.00 | 629,551.00 | 298,304.00 |
| Operating Expenses | 1,715,365.00 | 1,124,236.00 | 558,485.00 | 859,770.00 | 711,256.00 | 492,569.00 | 268,325.00 | -7,707,517.00 | 5,268,808.00 | 3,538,390.00 | 754,774.00 | -1,343,274.00 | 2,319,176.00 | 1,400,104.00 | 642,879.00 | -844,634.00 | 1,626,124.00 | 1,029,164.00 | 495,643.00 |
| Selling, General and Administrative Expenses | 955,264.00 | 626,446.00 | 304,190.00 | -650,058.00 | 976,450.00 | 657,524.00 | 325,984.00 | -795,788.00 | 1,145,874.00 | 768,905.00 | 372,453.00 | -860,690.00 | 1,344,016.00 | 879,852.00 | 402,268.00 | -537,003.00 | 1,060,154.00 | 673,084.00 | 320,843.00 |
| Research and Development Expenses | 760,101.00 | 497,790.00 | 254,295.00 | -494,305.00 | 756,170.00 | 495,267.00 | 251,615.00 | -468,441.00 | 707,145.00 | 465,491.00 | 238,595.00 | -486,769.00 | 804,987.00 | 520,252.00 | 240,611.00 | -307,631.00 | 565,970.00 | 356,080.00 | 174,800.00 |
| Other Operating Expenses | 0.00 | 0.00 | 0.00 | 2,004,133.00 | -1,021,364.00 | -660,222.00 | -309,274.00 | -6,443,288.00 | 3,415,789.00 | 2,303,994.00 | 143,726.00 | 4,185.00 | 170,173.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 101,019.00 | 60,071.00 | 23,082.00 | -1,904,000.00 | 967,259.00 | 607,317.00 | 275,716.00 | 1,374,284.00 | -514,814.00 | -405,911.00 | -264,084.00 | 528,985.00 | -986,741.00 | -529,744.00 | -217,808.00 | 313,326.00 | -631,958.00 | -399,613.00 | -197,339.00 |
| Net Non-Operating Income | -8,159.00 | 105.00 | 3,502.00 | 2,007,007.00 | -1,042,314.00 | -678,721.00 | -320,877.00 | -905,151.00 | -122,261.00 | -91,204.00 | -67,588.00 | 19,935.00 | -36,666.00 | -14,916.00 | -6,677.00 | 34,793.00 | -39,219.00 | -32,606.00 | -8,313.00 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61,382.00 | 21,473.00 | 0 |
| Interest Expense | 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 | -33,955.00 | 21,882.00 | 12,073.00 | 0.00 |
| Net Interest | 53,200.00 | 36,800.00 | 18,900.00 | -58,300.00 | 70,700.00 | 50,600.00 | 27,200.00 | -26,600.00 | 53,200.00 | 33,900.00 | 17,200.00 | -29,700.00 | 47,500.00 | 31,200.00 | 15,600.00 | 2,900.00 | 39,500.00 | 9,400.00 | 3,900.00 |
| EBT | 92,860.00 | 60,176.00 | 26,584.00 | 103,007.00 | -75,055.00 | -71,404.00 | -45,161.00 | 469,133.00 | -637,075.00 | -497,115.00 | -331,672.00 | 548,920.00 | -1,023,407.00 | -544,660.00 | -224,485.00 | 348,119.00 | -671,177.00 | -432,219.00 | -205,652.00 |
| Income Tax | 13,172.00 | 17,736.00 | 6,567.00 | -27,079.00 | 21,878.00 | 15,803.00 | 10,188.00 | -15,924.00 | 12,958.00 | 11,211.00 | 10,467.00 | 6,075.00 | 3,316.00 | 264.00 | 2,858.00 | -4,710.00 | 12,673.00 | 2,176.00 | 890.00 |
| Equity Method Investments Income | -72,199.00 | -44,693.00 | -19,471.00 | -55,097.00 | -78,794.00 | -53,515.00 | -29,575.00 | 65,140.00 | -93,838.00 | -62,780.00 | -30,419.00 | -8,539.00 | -26,776.00 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 79,688.00 | 42,440.00 | 20,017.00 | 130,086.00 | -96,933.00 | -87,207.00 | -55,349.00 | 485,057.00 | -650,033.00 | -508,326.00 | -342,139.00 | 536,601.00 | -1,026,723.00 | -544,396.00 | -221,627.00 | 349,541.00 | -658,504.00 | -434,395.00 | -206,542.00 |
| EBIT | 92,860.00 | 60,176.00 | 26,584.00 | 103,007.00 | -75,055.00 | -71,404.00 | -45,161.00 | 469,133.00 | -637,075.00 | -497,115.00 | -331,672.00 | 548,920.00 | -1,023,407.00 | -544,660.00 | -224,485.00 | 314,164.00 | -649,295.00 | -420,146.00 | -205,652.00 |
| Deprecation and Amortization | 176,008.00 | 161,601.00 | 80,649.00 | -42,850.00 | 188,427.00 | 128,019.00 | 64,423.00 | -137,700.00 | 282,280.00 | 186,770.00 | 67,878.00 | -108,879.00 | 179,980.00 | 117,470.00 | 57,391.00 | -103,492.00 | 164,789.00 | 105,571.00 | 55,352.00 |
| EBITDA | 268,868.00 | 221,777.00 | 107,233.00 | 60,157.00 | 113,372.00 | 56,615.00 | 19,262.00 | 331,433.00 | -354,795.00 | -310,345.00 | -263,794.00 | 440,041.00 | -843,427.00 | -427,190.00 | -167,094.00 | 210,672.00 | -484,506.00 | -314,575.00 | -150,300.00 |
| 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 | -0.01 | -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 | -0.01 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 153,211.54 | 153,273.59 | 153,345.19 | 137,005.66 | 170,063.45 | 175,613.67 | 181,017.73 | 178,126.63 | 183,854.53 | 184,926.88 | 186,403.35 | 187,133.39 | 182,319.73 | 181,624.32 | 180,898.71 | 186,680.42 | 172,605.37 | 170,275.61 | 167,160.46 |
| Average Shares Outstanding Diluted | 160,212.34 | 160,729.64 | 161,794.29 | 137,005.66 | 170,063.45 | 175,613.67 | 181,017.73 | 178,126.63 | 183,854.53 | 184,926.88 | 186,403.35 | 187,133.39 | 182,319.73 | 181,624.32 | 180,898.71 | 186,680.42 | 172,605.37 | 170,275.61 | 167,160.46 |
| 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 | 731,689.00 | 468,126.00 | 191,042.00 | -485,143.00 | 607,795.00 | 403,466.00 | 190,123.00 | 334,631.00 | 192,207.00 | -14,220.00 | -97,866.00 | 39,261.00 | -195,913.00 | -80,141.00 | -17,575.00 | -68,970.00 | -19,949.00 | 26,222.00 | 4,505.00 |
| Operating Net Income | 79,688.00 | 42,440.00 | 20,017.00 | 130,086.00 | -96,933.00 | -87,207.00 | -55,349.00 | 485,057.00 | -650,033.00 | -508,326.00 | -342,139.00 | 536,601.00 | -1,026,723.00 | -544,396.00 | -221,627.00 | 349,541.00 | -658,504.00 | -434,395.00 | -206,542.00 |
| Deprecation and Amortization | 176,008.00 | 161,601.00 | 80,649.00 | -42,850.00 | 188,427.00 | 128,019.00 | 64,423.00 | -137,700.00 | 282,280.00 | 186,770.00 | 67,878.00 | -108,879.00 | 179,980.00 | 117,470.00 | 57,391.00 | -103,492.00 | 164,789.00 | 105,571.00 | 55,352.00 |
| Deferred Income Tax | 0 | 0 | 0 | -1,982.00 | 0 | 0 | 0 | -16,742.00 | 0 | 0 | 0 | -12,965.00 | 0 | 0 | 0 | -19,845.00 | 0 | 0 | 0 |
| Share Based Compensation | 446,693.00 | 288,524.00 | 139,273.00 | -309,086.00 | 460,824.00 | 306,263.00 | 158,606.00 | -328,202.00 | 509,367.00 | 323,893.00 | 170,799.00 | -360,341.00 | 606,260.00 | 397,366.00 | 155,275.00 | -231,559.00 | 445,366.00 | 281,323.00 | 137,155.00 |
| Change in Working Capital | -61,963.00 | -120,101.00 | -130,836.00 | 569,388.00 | -77,010.00 | -99,208.00 | -103,897.00 | -129,666.00 | 41,679.00 | 71,678.00 | 73,072.00 | -224,428.00 | 392,385.00 | 244,611.00 | 61,667.00 | -85,326.00 | 273,392.00 | 202,705.00 | 58,476.00 |
| Other Operating Activities | 91,263.00 | 95,662.00 | 81,939.00 | -830,699.00 | 132,487.00 | 155,599.00 | 126,340.00 | 461,884.00 | 8,914.00 | -88,235.00 | -67,476.00 | 209,273.00 | -347,815.00 | -295,192.00 | -70,281.00 | 21,711.00 | -244,992.00 | -128,982.00 | -39,936.00 |
| Investing Cash Flow | 221,377.00 | 382,879.00 | -19,140.00 | -1,035,056.00 | 1,241,739.00 | 974,384.00 | 189,770.00 | -849,384.00 | 365,745.00 | 509,777.00 | 202,465.00 | 550,363.00 | -682,153.00 | -635,629.00 | 150,967.00 | 3,509,250.00 | -2,451,736.00 | -2,181,489.00 | -1,366,021.00 |
| 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 | 42,366.00 | 26,319.00 | 12,727.00 | -26,437.00 | 43,807.00 | 28,591.00 | 12,825.00 | -33,250.00 | 39,545.00 | 28,329.00 | 16,611.00 | -34,727.00 | 64,539.00 | 33,140.00 | 17,230.00 | -28,879.00 | 69,501.00 | 33,979.00 | 15,420.00 |
| Net Purchase/Sale of Investments Net | 1,824,211.00 | 1,226,870.00 | 421,275.00 | -2,744,379.00 | 2,764,988.00 | 2,182,965.00 | 1,073,775.00 | -1,056,454.00 | 3,156,816.00 | 1,561,744.00 | 491,314.00 | -2,108,510.00 | 2,716,757.00 | 2,079,940.00 | 689,627.00 | -4,981,819.00 | 4,560,243.00 | 3,562,264.00 | 1,997,323.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -170.00 | 43,964.00 | 170.00 | 0 | -54,822.00 | 32,853.00 | 31,697.00 | 27,682.00 | -160,462.00 | 490,880.00 | 94,178.00 | 66,926.00 |
| Other Investing Activities | -1,645,200.00 | -870,310.00 | -453,142.00 | 1,735,760.00 | -1,567,056.00 | -1,237,172.00 | -896,830.00 | 240,490.00 | -2,874,580.00 | -1,080,466.00 | -305,460.00 | 2,748,422.00 | -3,496,302.00 | -2,780,406.00 | -583,572.00 | 8,680,410.00 | -7,572,360.00 | -5,871,910.00 | -3,445,690.00 |
| Financing Cash Flow | -649,660.00 | -301,708.00 | -125,794.00 | 1,216,481.00 | -1,903,802.00 | -1,261,022.00 | -363,229.00 | 483,505.00 | -536,221.00 | -469,356.00 | -121,538.00 | -26,754.00 | 33,252.00 | 34,402.00 | 4,107.00 | -5,727,280.00 | 3,039,300.00 | 3,024,856.00 | 2,759,449.00 |
| Net Issuance/Repayment of Debt | 5,255.00 | 4,228.00 | 2,251.00 | -9,542.00 | 10,208.00 | 7,060.00 | 4,832.00 | -14,786.00 | 13,763.00 | 9,804.00 | 7,353.00 | -8,668.00 | 9,383.00 | 6,188.00 | 6,520.00 | -2,667,590.00 | 1,220,764.00 | 1,452,370.00 | 990,251.00 |
| Net Issuance/Repurchase of Equity | 696,752.00 | 349,156.00 | 129,022.00 | -1,217,885.00 | 1,936,951.00 | 1,295,399.00 | 357,321.00 | -496,685.00 | 577,820.00 | 513,199.00 | 118,257.00 | -25,881.00 | 43,750.00 | 41,694.00 | 0 | 1,626,928.00 | 71,607.00 | 55,614.00 | 11,564.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -1,351,667.00 | -655,092.00 | -257,067.00 | 2,443,908.00 | -3,850,961.00 | -2,563,481.00 | -725,382.00 | 994,976.00 | -1,127,804.00 | -992,359.00 | -247,148.00 | 7,795.00 | -19,881.00 | -13,480.00 | -2,413.00 | -4,686,618.00 | 1,746,929.00 | 1,516,872.00 | 1,757,634.00 |
| Net Change in Cash | 303,406.00 | 549,297.00 | 46,108.00 | -303,718.00 | -54,268.00 | 116,828.00 | 16,664.00 | -31,395.00 | 21,839.00 | 26,309.00 | -16,900.00 | 562,444.00 | -844,668.00 | -681,055.00 | 137,526.00 | -2,286,847.00 | 567,458.00 | 869,446.00 | 1,397,889.00 |
| Cash at Beginning of Period | 431,437.00 | 431,437.00 | 431,437.00 | 735,155.00 | 655,931.00 | 655,931.00 | 655,931.00 | 687,326.00 | 656,078.00 | 648,772.00 | 656,078.00 | 93,634.00 | 1,481,831.00 | 1,481,831.00 | 1,481,831.00 | 3,768,678.00 | 933,885.00 | 933,885.00 | 933,885.00 |
| Cash at End of Period | 734,843.00 | 980,734.00 | 477,545.00 | 431,437.00 | 601,663.00 | 772,759.00 | 672,595.00 | 655,931.00 | 677,917.00 | 675,081.00 | 639,178.00 | 656,078.00 | 637,163.00 | 800,776.00 | 1,619,357.00 | 1,481,831.00 | 1,501,343.00 | 1,803,331.00 | 2,331,774.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |