TZOO

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 18.47 11.48 8.24 117.75 -8.00
Price to Sales 8.98 5.04 2.34 5.25 5.99
Book Value Per Common Share -0.04 0.31 0.27 -0.70 0.17
Price to Book -511.54 30.90 16.42 -13.42 56.73
Price to Operating Cash Flow 35.72 39.89 -7.14 -40.71 6.83
Price to Free Cash Flow
Enterprise Value to EBITDA 118104.99 68067.51 57530.30 251638.31
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 23.98 32.64 50.48 14.88 14.06 32.84 10.23 19.24 26.26 13.03 21.64 32.80 32.22 123.00 -119.71
Price to Sales 1.64 3.14 6.87 7.35 6.96 18.74 4.21 8.58 13.17 3.16 6.18 12.86 8.17 15.18 40.10
Book Value Per Common Share -0.74 -0.64 -0.54 -0.04 -0.19 0.08 0.31 0.31 -0.20 0.11 0.52 0.27 0.02 0.04 -0.23 -0.70 0.16 0.09 -0.50 0.17
Price to Book -13.27 -19.96 -25.32 -511.54 -64.16 97.43 32.73 30.90 -29.71 68.85 11.52 16.42 266.87 156.19 -28.02 -13.42 73.28 169.27 -33.34 56.73
Price to Operating Cash Flow 27.06 32.28 48.44 35.04 37.89 89.14 28.69 64.88 529.82 -7.88 -13.15 -35.08 43.15 23.08 63.20
Price to Free Cash Flow
Enterprise Value to EBITDA 146845.27 206349.95 339917.93 95068.23 89862.34 219852.17 60490.12 122658.68 170861.00 203222.82 347016.49 210245.51 177690.59 405170.93

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 30.12 53.70 575.00
Revenue YoY -0.68 19.66 12.58 17.00
EBITDA YoY 5.19 56.47 169.16
Net Profit YoY 9.69 86.40 628.21
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 5.13 44.44 50.00 74.19 39.02 78.26 21.43 40.00 200.00
Revenue YoY 47.19 103.31 46.60 96.16 48.21 97.81 43.85 95.86 47.02 133.57
EBITDA YoY 7.05 51.61 43.75 71.36 39.92 76.17 25.53 64.35 84.33
Net Profit YoY 3.28 44.30 44.45 69.10 37.28 71.49 23.47 43.58 205.76

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 0.45 0.35 0.50 1.25 1.85
Quick Ratio 0.82 0.84 0.68 0.67 0.82
Current Ratio 0.87 0.90 0.75 0.74 0.85
Debt to Equity 11.57 5.23 6.60 270.00 14.75
Long-Term Debt to Equity 3.19 1.39 1.23 31.18 2.00
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 2020-12-31
Cash Per Common Share 0.73 0.90 0.98 1.44 0.30 0.32 0.40 1.16 0.35 0.42 0.41 1.19 0.53 0.69 0.98 3.63 1.89 2.36 2.07 5.55
Quick Ratio 0.58 0.62 0.65 0.82 0.72 0.79 0.88 0.84 0.72 0.82 0.78 0.68 0.59 0.65 0.68 0.67 0.75 0.86 0.78 0.82
Current Ratio 0.68 0.69 0.72 0.87 0.80 0.87 0.94 0.90 0.78 0.88 0.86 0.75 0.67 0.72 0.74 0.74 0.82 0.91 0.83 0.85
Debt to Equity -15.97 -23.46 -43.97 11.57 19.05 8.13 5.23 5.23 7.31 4.34 4.17 6.60 12.01 11.94 28.63 270.00 17.04 21.63 67.43 14.75
Long-Term Debt to Equity -4.35 -6.56 -12.02 3.19 5.41 2.31 1.41 1.39 1.79 1.07 0.89 1.23 1.94 1.74 3.51 31.18 1.85 2.80 7.76 2.00

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 24.79 22.33 9.86 0.91 -13.11
ROE 311.60 139.21 74.95 247.55 -206.51
Gross Margin 87.52 87.06 85.83 81.84 80.29
Operating Margin 22.75 20.26 14.11 4.29 -25.36
EBITDA Margin 23.83 22.50 17.21 7.20 -21.04
Net Profit Margin 16.17 14.64 9.40 1.45 -25.04
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 10.22 9.78 6.44 20.48 13.91 7.74 15.49 10.66 5.54 6.12 4.32 2.54 3.59 1.08 -1.43
ROE -153.10 -219.61 -276.59 410.60 126.89 48.18 128.75 56.91 28.65 79.63 55.85 75.25 64.75 24.49 -97.85
Gross Margin 81.04 80.16 81.97 87.81 88.04 87.99 86.99 86.96 87.54 85.92 86.18 84.65 82.61 83.39 78.87
Operating Margin 10.22 14.14 19.16 22.65 23.00 26.06 19.32 20.63 23.43 12.36 14.71 18.11 12.86 9.67 -6.47
EBITDA Margin 10.57 14.53 19.49 23.82 24.29 27.81 21.56 22.84 25.64 15.54 17.81 21.22 15.73 12.55 -3.08
Net Profit Margin 6.82 9.71 13.69 16.37 16.61 19.27 13.65 14.74 17.00 8.04 9.37 12.78 8.55 4.11 -11.50

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 54,722.00 55,382.00 67,274.00 99,727.00 102,400.00
   Current Assets 31,773.00 30,768.00 35,591.00 65,123.00 70,044.00
   Deposits 83.00 286.00 153.00 190.00 137.00
      Cash and Short-Term Investments 17,064.00 15,713.00 18,693.00 43,815.00 63,061.00
            Cash and Cash Equivalents 17,064.00 15,713.00 18,693.00 43,815.00 63,061.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 12,825.00 12,965.00 13,820.00 14,871.00 4,519.00
      Inventory 0 0 0 0 0
      Other Current Assets 1,884.00 2,090.00 3,078.00 6,437.00 2,464.00
   Non-Current Assets 22,949.00 24,614.00 31,683.00 34,604.00 32,356.00
      Property, Plant, Equipment Net 6,078.00 6,593.00 8,097.00 8,359.00 9,888.00
      Goodwill 10,944.00 10,944.00 24,044.00 12,444.00 23,388.00
      Intangible Assets 1,498.00 2,091.00 3,651.00 3,426.00 4,534.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 3,380.00 3,196.00 3,222.00 3,949.00 5,067.00
      Other Non-Current Assets 1,049.00 1,790.00 -7,331.00 6,426.00 -10,521.00
Liabilities 50,369.00 46,499.00 58,423.00 99,359.00 95,900.00
   Current Liabilities 36,496.00 34,190.00 47,534.00 87,884.00 82,870.00
      Payables and Expenses 11,161.00 8,970.00 9,320.00 13,808.00 15,971.00
            Account Payables 6,138.00 4,546.00 4,271.00 3,411.00 6,996.00
            Current Accrued Liabilities 5,023.00 4,424.00 5,049.00 10,397.00 8,975.00
      Short-Term Debt 2,472.00 2,530.00 2,972.00 3,180.00 6,436.00
      Other Current Liabilities 22,863.00 22,690.00 35,242.00 70,896.00 60,463.00
   Non-Current Liabilities 13,873.00 12,309.00 10,889.00 11,475.00 13,030.00
      Long-Term Debt 5,646.00 6,717.00 8,326.00 9,111.00 11,588.00
      Other Non-Current Liabilities 8,227.00 5,592.00 2,563.00 2,364.00 1,442.00
Equity 4,353.00 8,883.00 8,851.00 368.00 6,500.00
   Shareholders Equity -462.00 4,186.00 4,256.00 -8,464.00 1,891.00
      Capital Stock 118.00 136.00 165.00 126.00 114.00
      Share Premium 0 439.00 23,274.00 4,415.00 6,239.00
      Retained Earnings 14,284.00 19,508.00 7,142.00 508.00 -403.00
      Treasury Shares 0 0 7,130.00 5,488.00 0
      Accumulated Other Comprehensive Income -5,327.00 -4,607.00 -4,905.00 -3,793.00 -4,059.00
   Minority Interest 4,815.00 4,697.00 4,595.00 4,600.00 4,609.00
Debt 8,118.00 9,247.00 11,298.00 12,291.00 18,024.00
Common Shares Outstanding 11,836.00 13,575.00 15,704.00 12,056.00 11,365.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 83,902.00 84,477.00 70,599.00 62,712.00 53,601.00
Cost Of Revenue 10,469.00 10,934.00 10,003.00 11,388.00 10,563.00
Gross Profit 73,433.00 73,543.00 60,596.00 51,324.00 43,038.00
Operating Expenses 54,935.00 57,971.00 53,039.00 53,950.00 71,184.00
   Selling, General and Administrative Expenses 86,998.00 55,858.00 50,975.00 50,047.00 51,110.00
   Research and Development Expenses 2,407.00 2,113.00 2,064.00 2,590.00 3,081.00
   Other Operating Expenses -34,470.00 0.00 0.00 1,313.00 16,993.00
Operating Income 18,498.00 15,572.00 7,557.00 -2,626.00 -28,146.00
Net Non-Operating Income 588.00 1,541.00 2,401.00 5,319.00 14,528.00
Interest Expense 0.00 0.00 0.00 0.00 25.00
EBT 19,086.00 17,113.00 9,958.00 2,693.00 -13,618.00
Income Tax 5,404.00 5,105.00 3,270.00 1,778.00 2,438.00
Net Income Including Non-Controlling Interests 13,446.00 12,264.00 6,639.00 920.00 -12,276.00
Net Income Non-Controlling Interests 118.00 102.00 -5.00 -9.00 -1,147.00
Net Income 13,564.00 12,366.00 6,634.00 911.00 -13,423.00
EBIT 19,086.00 17,113.00 9,958.00 2,693.00 -13,593.00
Deprecation and Amortization 907.00 1,893.00 2,189.00 1,820.00 2,314.00
EBITDA 19,993.00 19,006.00 12,147.00 4,513.00 -11,279.00
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 37,782.00 44,691.00 37,116.00 34,938.00 34,032.00
Average Shares Outstanding Diluted 38,556.00 44,892.00 37,494.00 37,628.00 34,032.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 21,100.00 10,675.00 -23,121.00 -8,083.00 47,019.00
   Operating Net Income 13,682.00 12,468.00 6,629.00 902.00 -14,570.00
   Deprecation and Amortization 907.00 1,893.00 2,189.00 1,820.00 2,314.00
   Deferred Income Tax -518.00 48.00 774.00 813.00 -3,413.00
   Share Based Compensation 1,646.00 1,568.00 1,805.00 3,748.00 6,203.00
   Change in Working Capital 8,037.00 -4,359.00 -3,998.00 16,561.00 -8,290.00
   Other Operating Activities -2,654.00 -943.00 -30,520.00 -31,927.00 64,775.00
Investing Cash Flow -177.00 -39.00 -1,315.00 104.00 2,067.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 177.00 255.00 1,511.00 29.00 1,075.00
   Net Purchase/Sale of Investments Net 0 216.00 0 133.00 430.00
   Net Purchase/Sale of Business 0 0 196.00 3,900.00 10,299.00
   Other Investing Activities -354.00 -510.00 -3,022.00 -3,958.00 -9,737.00
Financing Cash Flow -18,973.00 -14,150.00 1,282.00 -11,158.00 -6,982.00
   Net Issuance/Repayment of Debt 1,753.00 3,000.00 0 110.00 13,163.00
   Net Issuance/Repurchase of Equity 18,929.00 16,781.00 6,420.00 -72.00 1,265.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -39,655.00 -33,931.00 -5,138.00 -11,196.00 -21,410.00
Net Change in Cash 1,351.00 -2,989.00 -25,611.00 -19,396.00 43,675.00
   Cash at Beginning of Period 16,389.00 19,378.00 44,989.00 64,385.00 20,710.00
   Cash at End of Period 17,740.00 16,389.00 19,378.00 44,989.00 64,385.00
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 46,164.00 46,735.00 49,202.00 54,722.00 50,530.00 51,513.00 54,736.00 55,382.00 55,808.00 59,116.00 66,267.00 67,274.00 68,320.00 78,480.00 92,883.00 99,727.00 116,870.00 126,800.00 114,825.00 102,400.00
   Current Assets 24,423.00 24,160.00 26,325.00 31,773.00 27,347.00 28,511.00 31,588.00 30,768.00 29,009.00 31,979.00 35,985.00 35,591.00 35,508.00 44,623.00 57,903.00 65,123.00 80,417.00 95,925.00 83,097.00 70,044.00
   Deposits 0 0 0 83.00 0 0 0 286.00 0 0 0 153.00 0 0 0 190.00 0 0 0 137.00
      Cash and Short-Term Investments 8,491.00 10,441.00 11,474.00 17,064.00 11,429.00 12,567.00 16,190.00 15,713.00 15,901.00 19,513.00 19,138.00 18,693.00 19,494.00 25,608.00 35,617.00 43,815.00 65,204.00 80,962.00 70,862.00 63,061.00
            Cash and Cash Equivalents 8,491.00 10,441.00 11,474.00 17,064.00 11,429.00 12,567.00 16,190.00 15,713.00 15,901.00 19,513.00 19,138.00 18,693.00 19,494.00 25,608.00 35,617.00 43,815.00 65,204.00 80,962.00 70,862.00 63,061.00
            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 12,460.00 11,500.00 12,387.00 12,825.00 13,167.00 13,220.00 13,151.00 12,965.00 10,684.00 10,287.00 13,672.00 13,820.00 11,835.00 14,809.00 18,163.00 14,871.00 9,084.00 9,905.00 7,293.00 4,519.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 3,472.00 2,219.00 2,464.00 1,884.00 2,751.00 2,724.00 2,247.00 2,090.00 2,424.00 2,179.00 3,175.00 3,078.00 4,179.00 4,206.00 4,123.00 6,437.00 6,129.00 5,058.00 4,942.00 2,464.00
   Non-Current Assets 21,741.00 22,575.00 22,877.00 22,949.00 23,183.00 23,002.00 23,148.00 24,614.00 26,799.00 27,137.00 30,282.00 31,683.00 32,812.00 33,857.00 34,980.00 34,604.00 36,453.00 30,875.00 31,728.00 32,356.00
      Property, Plant, Equipment Net 4,818.00 5,524.00 6,004.00 6,078.00 6,550.00 6,372.00 6,424.00 6,593.00 6,955.00 6,944.00 7,544.00 8,097.00 6,304.00 6,742.00 7,251.00 8,359.00 8,799.00 9,593.00 9,626.00 9,888.00
      Goodwill 10,944.00 10,944.00 10,944.00 10,944.00 10,944.00 10,944.00 10,944.00 10,944.00 24,044.00 24,044.00 24,044.00 24,044.00 24,044.00 24,044.00 24,044.00 12,444.00 10,944.00 12,444.00 12,444.00 23,388.00
      Intangible Assets 1,452.00 1,455.00 1,471.00 1,498.00 1,591.00 1,686.00 1,773.00 2,091.00 4,959.00 5,721.00 3,249.00 3,651.00 4,304.00 4,744.00 5,189.00 3,426.00 3,700.00 3,975.00 4,250.00 4,534.00
      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 3,469.00 3,591.00 3,426.00 3,380.00 3,193.00 3,102.00 3,107.00 3,196.00 3,274.00 3,222.00 3,248.00 3,222.00 3,445.00 3,551.00 3,887.00 3,949.00 3,637.00 3,647.00 4,400.00 5,067.00
      Other Non-Current Assets 1,058.00 1,061.00 1,032.00 1,049.00 905.00 898.00 900.00 1,790.00 -12,433.00 -12,794.00 -7,803.00 -7,331.00 -5,285.00 -5,224.00 -5,391.00 6,426.00 9,373.00 1,216.00 1,008.00 -10,521.00
Liabilities 49,247.00 48,816.00 50,347.00 50,369.00 48,010.00 45,868.00 45,944.00 46,499.00 49,092.00 48,047.00 53,445.00 58,423.00 63,068.00 72,415.00 89,748.00 99,359.00 110,391.00 121,198.00 113,147.00 95,900.00
   Current Liabilities 35,847.00 35,168.00 36,588.00 36,496.00 34,381.00 32,827.00 33,514.00 34,190.00 37,057.00 36,232.00 41,989.00 47,534.00 52,871.00 61,839.00 78,751.00 87,884.00 98,421.00 105,505.00 100,123.00 82,870.00
      Payables and Expenses 12,962.00 11,726.00 11,227.00 11,161.00 10,558.00 10,499.00 9,953.00 8,970.00 7,508.00 6,804.00 7,754.00 9,320.00 9,414.00 8,797.00 12,654.00 13,808.00 19,482.00 16,823.00 19,777.00 15,971.00
            Account Payables 8,405.00 6,130.00 6,054.00 6,138.00 4,984.00 5,212.00 5,514.00 4,546.00 2,856.00 2,254.00 3,143.00 4,271.00 3,557.00 1,231.00 3,453.00 3,411.00 11,875.00 8,503.00 8,749.00 6,996.00
            Current Accrued Liabilities 4,557.00 5,596.00 5,173.00 5,023.00 5,574.00 5,287.00 4,439.00 4,424.00 4,652.00 4,550.00 4,611.00 5,049.00 5,857.00 7,566.00 9,201.00 10,397.00 7,607.00 8,320.00 11,028.00 8,975.00
      Short-Term Debt 2,058.00 2,564.00 2,690.00 2,472.00 2,624.00 2,389.00 2,463.00 2,530.00 2,568.00 2,395.00 2,682.00 2,972.00 2,332.00 2,589.00 2,813.00 3,180.00 3,482.00 3,751.00 7,255.00 6,436.00
      Other Current Liabilities 20,827.00 20,878.00 22,671.00 22,863.00 21,199.00 19,939.00 21,098.00 22,690.00 26,981.00 27,033.00 31,553.00 35,242.00 41,125.00 50,453.00 63,284.00 70,896.00 75,457.00 84,931.00 73,091.00 60,463.00
   Non-Current Liabilities 13,400.00 13,648.00 13,759.00 13,873.00 13,629.00 13,041.00 12,430.00 12,309.00 12,035.00 11,815.00 11,456.00 10,889.00 10,197.00 10,576.00 10,997.00 11,475.00 11,970.00 15,693.00 13,024.00 13,030.00
      Long-Term Debt 4,494.00 4,856.00 5,251.00 5,646.00 6,225.00 6,342.00 6,458.00 6,717.00 7,141.00 7,493.00 7,926.00 8,326.00 7,723.00 8,125.00 8,617.00 9,111.00 9,721.00 13,509.00 10,762.00 11,588.00
      Other Non-Current Liabilities 8,906.00 8,792.00 8,508.00 8,227.00 7,404.00 6,699.00 5,972.00 5,592.00 4,894.00 4,322.00 3,530.00 2,563.00 2,474.00 2,451.00 2,380.00 2,364.00 2,249.00 2,184.00 2,262.00 1,442.00
Equity -3,083.00 -2,081.00 -1,145.00 4,353.00 2,520.00 5,645.00 8,792.00 8,883.00 6,716.00 11,069.00 12,822.00 8,851.00 5,252.00 6,065.00 3,135.00 368.00 6,479.00 5,602.00 1,678.00 6,500.00
   Shareholders Equity -8,099.00 -7,068.00 -6,053.00 -462.00 -2,231.00 966.00 4,106.00 4,186.00 -2,779.00 1,739.00 8,219.00 4,256.00 616.00 1,431.00 -2,938.00 -8,464.00 1,871.00 1,002.00 -5,766.00 1,891.00
      Capital Stock 109.00 111.00 112.00 118.00 119.00 124.00 132.00 136.00 142.00 152.00 165.00 165.00 131.00 131.00 126.00 126.00 118.00 115.00 115.00 114.00
      Share Premium 0 0 0 0 0 0 0 439.00 5,186.00 11,816.00 23,670.00 23,274.00 7,797.00 7,426.00 4,957.00 4,415.00 3,432.00 4,988.00 4,279.00 6,239.00
      Retained Earnings 6,925.00 7,934.00 8,819.00 14,284.00 14,195.00 17,083.00 20,125.00 19,508.00 15,789.00 13,441.00 10,815.00 7,142.00 4,690.00 3,895.00 2,867.00 508.00 3,792.00 969.00 -2,045.00 -403.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 7,316.00 7,130.00 6,658.00 5,488.00 5,488.00 5,488.00 1,583.00 1,583.00 1,583.00 0
      Accumulated Other Comprehensive Income -5,596.00 -5,576.00 -5,447.00 -5,327.00 -5,079.00 -4,951.00 -4,861.00 -4,607.00 -4,803.00 -4,690.00 -4,825.00 -4,905.00 -5,344.00 -4,533.00 -3,931.00 -3,793.00 -3,888.00 -3,487.00 -3,649.00 -4,059.00
   Minority Interest 5,016.00 4,987.00 4,908.00 4,815.00 4,751.00 4,679.00 4,686.00 4,697.00 4,692.00 4,640.00 4,603.00 4,595.00 4,636.00 4,634.00 4,604.00 4,600.00 4,608.00 4,600.00 4,561.00 4,609.00
Debt 6,552.00 7,420.00 7,941.00 8,118.00 8,849.00 8,731.00 8,921.00 9,247.00 9,709.00 9,888.00 10,608.00 11,298.00 10,055.00 10,714.00 11,430.00 12,291.00 13,203.00 17,260.00 18,017.00 18,024.00
Common Shares Outstanding 10,932.00 11,081.00 11,245.00 11,836.00 11,880.00 12,402.00 13,202.00 13,575.00 14,166.00 15,170.00 15,669.00 15,704.00 0 0 12,551.00 12,056.00 11,823.00 11,494.00 11,470.00 11,365.00
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 69,245.00 47,046.00 23,140.00 -44,433.00 63,224.00 43,126.00 21,985.00 -43,181.00 63,328.00 42,729.00 21,601.00 -35,987.00 51,991.00 36,142.00 18,453.00 -33,986.00 49,051.00 33,363.00 14,284.00
Cost Of Revenue 13,132.00 9,335.00 4,172.00 -5,039.00 7,708.00 5,160.00 2,640.00 -5,564.00 8,236.00 5,571.00 2,691.00 -5,143.00 7,319.00 4,995.00 2,832.00 -5,702.00 8,532.00 5,540.00 3,018.00
Gross Profit 56,113.00 37,711.00 18,968.00 -39,394.00 55,516.00 37,966.00 19,345.00 -37,617.00 55,092.00 37,158.00 18,910.00 -30,844.00 44,672.00 31,147.00 15,621.00 -28,284.00 40,519.00 27,823.00 11,266.00
Operating Expenses 49,761.00 31,847.00 15,164.00 -29,052.00 41,869.00 28,364.00 13,754.00 -29,401.00 43,999.00 29,174.00 14,199.00 -28,809.00 40,699.00 27,447.00 13,702.00 -22,035.00 38,071.00 25,114.00 12,800.00
   Selling, General and Administrative Expenses 47,798.00 30,515.00 14,530.00 6,509.00 40,106.00 27,195.00 13,188.00 -28,483.00 42,466.00 28,166.00 13,709.00 -28,122.00 39,308.00 26,540.00 13,249.00 -21,068.00 36,019.00 23,746.00 11,350.00
   Research and Development Expenses 1,963.00 1,332.00 634.00 -1,091.00 1,763.00 1,169.00 566.00 -918.00 1,533.00 1,008.00 490.00 -687.00 1,391.00 907.00 453.00 -1,513.00 2,052.00 1,368.00 683.00
   Other Operating Expenses 0.00 0.00 0.00 -34,470.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 546.00 0.00 0.00 767.00
Operating Income 6,352.00 5,864.00 3,804.00 -10,342.00 13,647.00 9,602.00 5,591.00 -8,216.00 11,093.00 7,984.00 4,711.00 -2,035.00 3,973.00 3,700.00 1,919.00 -6,249.00 2,448.00 2,709.00 -1,534.00
Net Non-Operating Income 727.00 790.00 629.00 -540.00 674.00 315.00 139.00 -781.00 1,143.00 829.00 350.00 -3,094.00 2,454.00 1,618.00 1,423.00 338.00 3,862.00 518.00 601.00
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 -9.00 0.00 0.00 9.00
EBT 7,079.00 6,654.00 4,433.00 -10,882.00 14,321.00 9,917.00 5,730.00 -8,997.00 12,236.00 8,813.00 5,061.00 -5,129.00 6,427.00 5,318.00 3,342.00 -5,911.00 6,310.00 3,227.00 -933.00
Income Tax 2,158.00 1,912.00 1,173.00 -2,793.00 3,920.00 2,772.00 1,505.00 -2,229.00 3,487.00 2,469.00 1,378.00 -1,807.00 2,213.00 1,896.00 968.00 -2,953.00 2,111.00 1,878.00 742.00
Net Income Including Non-Controlling Interests 4,519.00 4,398.00 3,074.00 -8,275.00 10,293.00 7,181.00 4,247.00 -6,205.00 8,550.00 6,254.00 3,665.00 -3,215.00 4,146.00 3,353.00 2,355.00 -3,063.00 4,196.00 1,381.00 -1,594.00
Net Income Non-Controlling Interests 201.00 172.00 93.00 93.00 54.00 -18.00 -11.00 -48.00 97.00 45.00 8.00 -79.00 36.00 34.00 4.00 49.00 -1.00 -9.00 -48.00
Net Income 4,720.00 4,570.00 3,167.00 -8,182.00 10,347.00 7,163.00 4,236.00 -6,253.00 8,647.00 6,299.00 3,673.00 -3,294.00 4,182.00 3,387.00 2,359.00 -3,014.00 4,195.00 1,372.00 -1,642.00
EBIT 7,079.00 6,654.00 4,433.00 -10,882.00 14,321.00 9,917.00 5,730.00 -8,997.00 12,236.00 8,813.00 5,061.00 -5,129.00 6,427.00 5,318.00 3,342.00 -5,920.00 6,310.00 3,227.00 -924.00
Deprecation and Amortization 239.00 182.00 76.00 -771.00 737.00 558.00 383.00 -947.00 1,417.00 945.00 478.00 -1,155.00 1,652.00 1,118.00 574.00 -1,032.00 1,408.00 960.00 484.00
EBITDA 7,318.00 6,836.00 4,509.00 -11,653.00 15,058.00 10,475.00 6,113.00 -9,944.00 13,653.00 9,758.00 5,539.00 -6,284.00 8,079.00 6,436.00 3,916.00 -6,952.00 7,718.00 4,187.00 -440.00
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 11,585.00 11,617.00 11,670.00 32,535.00 38,553.00 39,573.00 40,467.00 39,492.00 45,726.00 46,455.00 47,091.00 38,379.00 37,062.00 36,855.00 36,168.00 36,729.00 34,530.00 34,320.00 34,173.00
Average Shares Outstanding Diluted 11,974.00 12,088.00 12,249.00 34,344.00 39,105.00 39,900.00 40,875.00 39,721.00 45,921.00 46,671.00 47,255.00 37,301.00 37,758.00 37,773.00 37,144.00 38,821.00 37,774.00 39,744.00 34,173.00
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 4,209.00 4,582.00 3,284.00 -4,705.00 13,257.00 7,927.00 4,621.00 -4,803.00 9,293.00 5,650.00 535.00 21,482.00 -20,849.00 -16,990.00 -6,764.00 -48,380.00 9,283.00 21,950.00 9,064.00
   Operating Net Income 14,562.00 14,054.00 9,687.00 -51,606.00 31,149.00 21,453.00 12,686.00 -36,335.00 26,135.00 18,987.00 3,681.00 -3,373.00 4,218.00 3,421.00 2,363.00 -2,965.00 4,194.00 1,363.00 -1,690.00
   Deprecation and Amortization 239.00 182.00 76.00 -771.00 737.00 558.00 383.00 -947.00 1,417.00 945.00 478.00 -1,155.00 1,652.00 1,118.00 574.00 -1,032.00 1,408.00 960.00 484.00
   Deferred Income Tax 4.00 5.00 4.00 -437.00 -39.00 -27.00 -15.00 265.00 -111.00 -38.00 -68.00 -574.00 701.00 550.00 97.00 -1,941.00 1,073.00 1,140.00 541.00
   Share Based Compensation 1,108.00 708.00 369.00 -471.00 1,239.00 783.00 95.00 -843.00 1,187.00 828.00 396.00 -1,324.00 1,456.00 1,131.00 542.00 -1,739.00 2,788.00 1,817.00 882.00
   Change in Working Capital 2,206.00 -261.00 1,220.00 -2,228.00 4,821.00 3,623.00 1,821.00 9,584.00 -5,660.00 -7,753.00 -530.00 -2,512.00 -2,326.00 -2,038.00 2,878.00 -21,964.00 19,603.00 9,578.00 9,344.00
   Other Operating Activities -13,910.00 -10,106.00 -8,072.00 50,808.00 -24,650.00 -18,463.00 -10,349.00 23,473.00 -13,675.00 -7,319.00 -3,422.00 30,420.00 -26,550.00 -21,172.00 -13,218.00 -18,739.00 -19,783.00 7,092.00 -497.00
Investing Cash Flow -49.00 -34.00 -21.00 70.00 -129.00 -83.00 -35.00 181.00 -104.00 -44.00 -72.00 1,744.00 -1,089.00 -1,028.00 -942.00 219.00 -24.00 -84.00 -7.00
   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 49.00 34.00 21.00 -70.00 129.00 83.00 35.00 -230.00 217.00 157.00 111.00 -2,439.00 1,386.00 1,325.00 1,239.00 -86.00 24.00 84.00 7.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 -49.00 113.00 113.00 39.00 0 0 0 0 133.00 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 -6,634.00 1,245.00 1,245.00 4,340.00 -3,900.00 0 3,900.00 3,900.00
   Other Investing Activities -98.00 -68.00 -42.00 140.00 -258.00 -166.00 -70.00 460.00 -434.00 -314.00 -222.00 10,817.00 -3,720.00 -3,598.00 -6,521.00 4,072.00 -48.00 -4,068.00 -3,914.00
Financing Cash Flow -13,068.00 -11,522.00 -8,918.00 12,775.00 -17,197.00 -10,679.00 -3,872.00 3,270.00 -12,065.00 -5,169.00 -186.00 -1,364.00 761.00 1,885.00 0 2,302.00 -7,117.00 -4,760.00 -1,583.00
   Net Issuance/Repayment of Debt 0 0 0 1,753.00 0 0 0 3,000.00 0 0 0 0 0 0 0 -110.00 110.00 110.00 0
   Net Issuance/Repurchase of Equity 12,964.00 11,418.00 8,918.00 -11,970.00 16,605.00 10,422.00 3,872.00 -41.00 11,766.00 4,870.00 186.00 5,250.00 1,170.00 0 0 -4,821.00 1,583.00 1,583.00 1,583.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -26,032.00 -22,940.00 -17,836.00 22,992.00 -33,802.00 -21,101.00 -7,744.00 311.00 -23,831.00 -10,039.00 -372.00 -6,614.00 -409.00 1,885.00 0 7,233.00 -8,810.00 -6,453.00 -3,166.00
Net Change in Cash -8,493.00 -6,542.00 -5,513.00 8,304.00 -4,283.00 -3,146.00 476.00 -1,460.00 -2,796.00 819.00 448.00 25,372.00 -24,444.00 -18,309.00 -8,230.00 -46,959.00 2,016.00 17,803.00 7,744.00
   Cash at Beginning of Period 17,740.00 17,740.00 17,740.00 9,436.00 16,389.00 16,389.00 16,389.00 17,849.00 19,378.00 19,378.00 19,378.00 -5,994.00 44,989.00 44,989.00 44,989.00 91,948.00 64,385.00 64,385.00 64,385.00
   Cash at End of Period 9,247.00 11,198.00 12,227.00 17,740.00 12,106.00 13,243.00 16,865.00 16,389.00 16,582.00 20,197.00 19,826.00 19,378.00 20,545.00 26,680.00 36,759.00 44,989.00 66,401.00 82,188.00 72,129.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0