Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 12.81 66.20 -5.33 -161.27 -13.21
Price to Sales 2.87 3.36 1.53 4.55 7.20
Book Value Per Common Share 10.23 5.36 3.66 7.42 6.05
Price to Book 5.90 11.49 6.76 5.65 8.43
Price to Operating Cash Flow 17.70 34.96 75.98 -178.35 -32.57
Price to Free Cash Flow
Enterprise Value to EBITDA 259546.79 342328.56 2270428.83
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 20.98 62.20 85.72 52.93 427.53 -248.35 199.96 359.75 -396.25 -5.34 -4.69 -11.78 -60.54 89.50 -908.50
Price to Sales 5.44 8.07 13.22 4.91 7.28 15.80 3.41 4.83 7.22 2.24 2.68 10.17 7.20 13.70 34.90
Book Value Per Common Share 13.53 10.83 10.51 10.23 7.02 5.89 5.30 5.36 4.56 4.25 3.72 3.66 3.14 3.37 4.55 7.42 7.26 8.26 7.98 6.05
Price to Book 7.24 8.62 6.94 5.90 10.70 12.35 14.53 11.49 10.09 10.16 8.53 6.76 8.44 6.07 7.84 5.65 6.17 6.07 6.83 8.43
Price to Operating Cash Flow 28.37 39.93 65.60 29.17 46.84 113.00 33.75 48.51 105.11 58.76 88.19 4633.77 -248.89 -98.27 -165.78
Price to Free Cash Flow
Enterprise Value to EBITDA 337622.59 378078.62 1405340.89 593576.78 843097.96 2700803.86 683405.03 2557553.88

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 406.45
Revenue YoY 17.96 16.95 82.62 40.52
EBITDA YoY 29.71
Net Profit YoY 422.31
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
Earning YoY 211.33 76.47 283233.33 735.29 91.67
Revenue YoY 55.69 109.69 53.71 105.62 51.47 104.61 55.89 117.79 70.92 135.34
EBITDA YoY 285.53 52.39 340.51 -98.38 246.48
Net Profit YoY 211.63 76.30 -75.25 723.55 93.25

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 3.59 3.05 2.53 2.60 4.04
Quick Ratio 0.95 1.02 0.88 0.82 1.19
Current Ratio 1.07 1.19 1.04 0.98 1.44
Debt to Equity 1.17 1.74 1.99 1.28 1.29
Long-Term Debt to Equity 0.72 1.12 1.27 0.81 0.84
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 4.58 4.09 3.48 3.57 4.78 3.39 3.16 2.96 2.96 3.19 2.52 2.49 2.78 2.52 2.42 2.53 3.67 2.85 3.18 3.83
Quick Ratio 1.02 0.97 0.89 0.95 1.27 1.05 1.03 1.02 0.96 1.04 0.88 0.88 0.88 0.83 0.83 0.82 1.01 0.85 0.96 1.19
Current Ratio 1.15 1.11 1.02 1.07 1.42 1.21 1.21 1.19 1.14 1.24 1.06 1.04 1.04 0.98 1.00 0.98 1.19 1.01 1.14 1.44
Debt to Equity 1.06 1.21 1.15 1.17 1.65 1.74 1.83 1.74 1.88 1.88 2.00 1.99 2.29 2.26 1.80 1.28 1.27 1.06 1.22 1.29
Long-Term Debt to Equity 0.66 0.74 0.69 0.72 1.08 1.11 1.18 1.12 1.21 1.23 1.29 1.27 1.46 1.44 1.16 0.81 0.81 0.66 0.78 0.84

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 18.04 4.47 -24.93 -1.14 -19.39
ROE 39.19 12.23 -74.46 -2.61 -44.34
Gross Margin 39.40 39.76 26.41 32.68 13.48
Operating Margin 10.57 7.92 -27.80 -3.11 -52.23
EBITDA Margin 11.14 10.13 -24.83 2.06 -47.60
Net Profit Margin 22.41 5.06 -28.68 -2.84 -54.48
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 14.36 5.17 3.10 5.90 0.80 -1.52 1.14 0.62 -0.43 -27.32 -23.89 -15.76 -3.44 2.60 -0.29
ROE 29.61 11.40 6.66 15.60 2.20 -4.30 3.29 1.79 -1.28 -89.90 -77.90 -44.18 -7.81 5.36 -0.64
Gross Margin 39.82 39.84 39.85 39.36 39.24 39.12 40.03 40.32 40.39 26.72 27.12 30.46 33.66 31.24 29.42
Operating Margin 15.49 12.83 12.92 11.31 3.41 -4.99 3.55 3.48 0.34 -40.76 -56.65 -88.11 -12.53 13.77 6.41
EBITDA Margin 16.03 13.06 5.21 -3.08 5.82 5.78 2.69 -37.65 -53.32 -84.40 -6.91 20.18 13.71
Net Profit Margin 25.91 12.95 15.40 9.29 1.73 -6.46 1.67 1.31 -1.78 -41.84 -57.14 -86.52 -11.89 15.16 -3.72

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 54,644,000.00 42,199,000.00 36,670,000.00 43,434,000.00 34,898,000.00
   Current Assets 12,245,000.00 11,297,000.00 9,249,000.00 8,819,000.00 9,882,000.00
      Cash and Short-Term Investments 7,522,000.00 6,212,000.00 4,991,000.00 4,926,000.00 7,077,000.00
            Cash and Cash Equivalents 6,438,000.00 5,485,000.00 4,888,000.00 4,926,000.00 5,897,000.00
            Short-Term Investments 1,084,000.00 727,000.00 103,000.00 0 1,180,000.00
      Net Receivables 3,333,000.00 3,404,000.00 2,779,000.00 2,439,000.00 1,073,000.00
      Inventory 0 0 0 0 0
      Other Current Assets 1,390,000.00 1,681,000.00 1,479,000.00 1,454,000.00 1,732,000.00
   Non-Current Assets 42,399,000.00 30,902,000.00 27,421,000.00 34,615,000.00 25,016,000.00
      Property, Plant, Equipment Net 3,110,000.00 3,379,000.00 3,596,000.00 3,306,000.00 3,153,000.00
      Goodwill 8,066,000.00 8,151,000.00 8,263,000.00 8,420,000.00 6,109,000.00
      Intangible Assets 1,125,000.00 1,425,000.00 1,874,000.00 2,412,000.00 1,564,000.00
      Long-Term Investments 302,000.00 353,000.00 870,000.00 800,000.00 2,200,000.00
      Non-Current Deferred Assets 6,171,000.00 0 0 0 0
      Other Non-Current Assets 23,625,000.00 17,594,000.00 12,818,000.00 19,677,000.00 11,990,000.00
Liabilities 29,492,000.00 26,772,000.00 24,394,000.00 24,425,000.00 19,634,000.00
   Current Liabilities 11,476,000.00 9,454,000.00 8,853,000.00 9,024,000.00 6,865,000.00
      Payables and Expenses 1,507,000.00 7,248,000.00 6,960,000.00 7,397,000.00 5,347,000.00
            Account Payables 858,000.00 790,000.00 728,000.00 860,000.00 235,000.00
            Current Accrued Liabilities 649,000.00 6,458,000.00 6,232,000.00 6,537,000.00 5,112,000.00
      Short-Term Debt 175,000.00 190,000.00 201,000.00 185,000.00 175,000.00
      Other Current Liabilities 9,794,000.00 2,016,000.00 1,692,000.00 1,442,000.00 1,343,000.00
   Non-Current Liabilities 18,016,000.00 17,318,000.00 15,541,000.00 15,401,000.00 12,769,000.00
      Long-Term Debt 9,801,000.00 11,009,000.00 10,938,000.00 10,920,000.00 9,104,000.00
      Other Non-Current Liabilities 8,215,000.00 6,309,000.00 4,603,000.00 4,481,000.00 3,665,000.00
Equity 25,152,000.00 15,427,000.00 12,276,000.00 19,009,000.00 15,264,000.00
   Shareholders Equity 21,558,000.00 11,249,000.00 7,340,000.00 14,458,000.00 11,196,000.00
      Capital Stock 0 0 0 0 0
      Share Premium 42,801,000.00 42,264,000.00 40,550,000.00 38,608,000.00 35,931,000.00
      Retained Earnings -20,726,000.00 -30,594,000.00 -32,767,000.00 -23,626,000.00 -23,130,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -517,000.00 -421,000.00 -443,000.00 -524,000.00 -535,000.00
   Minority Interest 0 0 0 0 0
Investments 16,810,000.00 11,718,000.00 5,174,000.00 800,000.00 4,560,000.00
Debt 9,976,000.00 11,199,000.00 11,139,000.00 11,105,000.00 9,279,000.00
Net Debt 2,454,000.00 4,987,000.00 6,148,000.00 6,179,000.00 2,202,000.00
Common Shares Outstanding 2,107,953.00 2,100,000.00 2,005,486.00 1,949,316.00 1,849,794.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 43,978,000.00 37,281,000.00 31,877,000.00 17,455,000.00 12,422,000.00
Cost Of Revenue 26,651,000.00 22,457,000.00 23,459,000.00 11,751,000.00 10,747,000.00
Gross Profit 17,327,000.00 14,824,000.00 8,418,000.00 5,704,000.00 1,675,000.00
Operating Expenses 14,528,000.00 13,714,000.00 10,250,000.00 9,538,000.00 6,538,000.00
   Selling, General and Administrative Expenses 7,976,000.00 7,038,000.00 7,892,000.00 7,105,000.00 6,249,000.00
   Research and Development Expenses 3,109,000.00 3,164,000.00 2,798,000.00 2,054,000.00 2,205,000.00
   Other Operating Expenses 3,443,000.00 3,512,000.00 -440,000.00 379,000.00 -1,916,000.00
Operating Income 2,799,000.00 1,110,000.00 -1,832,000.00 -3,834,000.00 -4,863,000.00
Net Non-Operating Income 1,326,000.00 1,211,000.00 -7,594,000.00 2,809,000.00 -2,083,000.00
Interest Income 1,244,000.00 1,117,000.00 704,000.00 520,000.00 513,000.00
Interest Expense 523,000.00 633,000.00 565,000.00 483,000.00 458,000.00
Net Interest 721,000.00 484,000.00 139,000.00 37,000.00 55,000.00
EBT 4,125,000.00 2,321,000.00 -9,426,000.00 -1,025,000.00 -6,946,000.00
Income Tax 5,758,000.00 213,000.00 181,000.00 492,000.00 192,000.00
Equity Method Investments Income -38,000.00 48,000.00 107,000.00 -37,000.00 -34,000.00
Net Income Including Non-Controlling Interests 9,867,000.00 1,618,000.00 -9,144,000.00 -422,000.00 -6,748,000.00
Net Income Non-Controlling Interests -11,000.00 269,000.00 3,000.00 -74,000.00 -20,000.00
Net Income 9,856,000.00 1,887,000.00 -9,141,000.00 -496,000.00 -6,768,000.00
EBIT 4,648,000.00 2,954,000.00 -8,861,000.00 -542,000.00 -6,488,000.00
Deprecation and Amortization 251,000.00 823,000.00 947,000.00 902,000.00 575,000.00
EBITDA 4,899,000.00 3,777,000.00 -7,914,000.00 360,000.00 -5,913,000.00
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 2,094,602.00 2,035,651.00 1,972,131.00 1,892,546.00 1,752,960.00
Average Shares Outstanding Diluted 2,150,508.00 2,091,782.00 1,974,928.00 1,895,519.00 1,752,960.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 7,137,000.00 3,585,000.00 642,000.00 -445,000.00 -2,745,000.00
   Operating Net Income 9,845,000.00 2,156,000.00 -9,138,000.00 -570,000.00 -6,788,000.00
   Deprecation and Amortization 251,000.00 823,000.00 947,000.00 902,000.00 575,000.00
   Deferred Income Tax -6,027,000.00 26,000.00 -441,000.00 -692,000.00 -266,000.00
   Share Based Compensation 1,796,000.00 1,935,000.00 1,793,000.00 1,168,000.00 827,000.00
   Change in Working Capital 922,000.00 2,284,000.00 605,000.00 923,000.00 -369,000.00
   Other Operating Activities 350,000.00 -3,639,000.00 6,876,000.00 -2,176,000.00 3,276,000.00
Investing Cash Flow -3,177,000.00 -3,226,000.00 -1,637,000.00 -1,201,000.00 -2,869,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 242,000.00 223,000.00 252,000.00 298,000.00 619,000.00
   Net Purchase/Sale of Investments Net 23,071,000.00 13,810,000.00 2,090,000.00 3,689,000.00 3,586,000.00
   Net Purchase/Sale of Business 17,000.00 721,000.00 85,000.00 3,314,000.00 1,471,000.00
   Other Investing Activities -26,507,000.00 -17,980,000.00 -4,064,000.00 -8,502,000.00 -8,545,000.00
Financing Cash Flow -2,087,000.00 -95,000.00 15,000.00 1,780,000.00 1,379,000.00
   Net Issuance/Repayment of Debt 8,130,000.00 6,795,000.00 264,000.00 2,044,000.00 4,270,000.00
   Net Issuance/Repurchase of Equity 1,252,000.00 0 255,000.00 675,000.00 247,000.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -11,469,000.00 -6,890,000.00 -504,000.00 -939,000.00 -3,138,000.00
Net Change in Cash 1,606,000.00 327,000.00 -1,128,000.00 65,000.00 -4,327,000.00
   Cash at Beginning of Period 7,004,000.00 6,677,000.00 7,805,000.00 7,740,000.00 11,718,000.00
   Cash at End of Period 8,610,000.00 7,004,000.00 6,677,000.00 7,805,000.00 7,391,000.00
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 67,943,000.00 60,578,000.00 57,341,000.00 54,644,000.00 50,417,000.00 44,914,000.00 43,099,000.00 42,199,000.00 40,080,000.00 38,209,000.00 36,788,000.00 36,670,000.00 35,642,000.00 35,701,000.00 37,617,000.00 43,434,000.00 40,380,000.00 39,832,000.00 37,523,000.00 34,898,000.00
   Current Assets 15,139,000.00 14,107,000.00 12,350,000.00 12,245,000.00 15,331,000.00 12,483,000.00 12,074,000.00 11,297,000.00 10,679,000.00 10,664,000.00 9,196,000.00 9,249,000.00 9,368,000.00 8,751,000.00 8,665,000.00 8,819,000.00 9,684,000.00 7,783,000.00 8,295,000.00 9,882,000.00
      Cash and Short-Term Investments 9,563,000.00 8,561,000.00 7,279,000.00 7,522,000.00 9,996,000.00 7,068,000.00 6,571,000.00 6,212,000.00 6,006,000.00 6,442,000.00 5,063,000.00 4,991,000.00 5,458,000.00 4,923,000.00 4,727,000.00 4,926,000.00 6,896,000.00 5,327,000.00 5,902,000.00 7,077,000.00
            Cash and Cash Equivalents 8,909,000.00 7,629,000.00 6,385,000.00 6,438,000.00 7,083,000.00 5,273,000.00 5,827,000.00 5,485,000.00 5,281,000.00 5,904,000.00 4,942,000.00 4,888,000.00 5,458,000.00 4,923,000.00 4,727,000.00 4,926,000.00 6,896,000.00 4,767,000.00 5,083,000.00 5,897,000.00
            Short-Term Investments 654,000.00 932,000.00 894,000.00 1,084,000.00 2,913,000.00 1,795,000.00 744,000.00 727,000.00 725,000.00 538,000.00 121,000.00 103,000.00 0 0 0 0 0 560,000.00 819,000.00 1,180,000.00
      Net Receivables 3,773,000.00 3,769,000.00 3,489,000.00 3,333,000.00 3,719,000.00 3,783,000.00 3,708,000.00 3,404,000.00 3,000,000.00 2,576,000.00 2,571,000.00 2,779,000.00 2,468,000.00 2,459,000.00 2,476,000.00 2,439,000.00 1,333,000.00 1,201,000.00 1,075,000.00 1,073,000.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 1,803,000.00 1,777,000.00 1,582,000.00 1,390,000.00 1,616,000.00 1,632,000.00 1,795,000.00 1,681,000.00 1,673,000.00 1,646,000.00 1,562,000.00 1,479,000.00 1,442,000.00 1,369,000.00 1,462,000.00 1,454,000.00 1,455,000.00 1,255,000.00 1,318,000.00 1,732,000.00
   Non-Current Assets 52,804,000.00 46,471,000.00 44,991,000.00 42,399,000.00 35,086,000.00 32,431,000.00 31,025,000.00 30,902,000.00 29,401,000.00 27,545,000.00 27,592,000.00 27,421,000.00 26,274,000.00 26,950,000.00 28,952,000.00 34,615,000.00 30,696,000.00 32,049,000.00 29,228,000.00 25,016,000.00
      Property, Plant, Equipment Net 3,056,000.00 3,101,000.00 3,103,000.00 3,110,000.00 3,172,000.00 3,215,000.00 3,249,000.00 3,379,000.00 3,359,000.00 3,411,000.00 3,477,000.00 3,596,000.00 3,347,000.00 3,342,000.00 3,292,000.00 3,306,000.00 2,999,000.00 3,014,000.00 3,024,000.00 3,153,000.00
      Goodwill 8,917,000.00 8,907,000.00 8,069,000.00 8,066,000.00 8,086,000.00 8,083,000.00 8,089,000.00 8,151,000.00 8,140,000.00 8,151,000.00 8,185,000.00 8,263,000.00 8,300,000.00 8,359,000.00 8,435,000.00 8,420,000.00 6,447,000.00 6,448,000.00 6,352,000.00 6,109,000.00
      Intangible Assets 1,104,000.00 1,187,000.00 1,065,000.00 1,125,000.00 1,192,000.00 1,265,000.00 1,335,000.00 1,425,000.00 1,511,000.00 1,607,000.00 1,766,000.00 1,874,000.00 1,992,000.00 2,122,000.00 2,269,000.00 2,412,000.00 1,278,000.00 1,378,000.00 1,455,000.00 1,564,000.00
      Long-Term Investments 315,000.00 331,000.00 338,000.00 302,000.00 314,000.00 342,000.00 354,000.00 353,000.00 50,000.00 59,000.00 740,000.00 870,000.00 902,000.00 521,000.00 624,000.00 800,000.00 971,000.00 1,097,000.00 1,127,000.00 2,200,000.00
      Non-Current Deferred Assets 10,710,000.00 6,524,000.00 6,592,000.00 6,171,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 28,702,000.00 26,421,000.00 25,824,000.00 23,625,000.00 22,322,000.00 19,526,000.00 17,998,000.00 17,594,000.00 16,341,000.00 14,317,000.00 13,424,000.00 12,818,000.00 11,733,000.00 12,606,000.00 14,332,000.00 19,677,000.00 19,001,000.00 20,112,000.00 17,270,000.00 11,990,000.00
Liabilities 34,996,000.00 33,107,000.00 30,657,000.00 29,492,000.00 31,364,000.00 28,520,000.00 27,886,000.00 26,772,000.00 26,175,000.00 24,945,000.00 24,528,000.00 24,394,000.00 24,812,000.00 24,751,000.00 24,194,000.00 24,425,000.00 22,599,000.00 20,507,000.00 20,584,000.00 19,634,000.00
   Current Liabilities 13,121,000.00 12,686,000.00 12,113,000.00 11,476,000.00 10,835,000.00 10,318,000.00 9,993,000.00 9,454,000.00 9,405,000.00 8,635,000.00 8,683,000.00 8,853,000.00 9,020,000.00 8,945,000.00 8,652,000.00 9,024,000.00 8,126,000.00 7,684,000.00 7,288,000.00 6,865,000.00
      Payables and Expenses 1,747,000.00 1,502,000.00 1,204,000.00 1,507,000.00 8,134,000.00 7,733,000.00 7,727,000.00 7,248,000.00 7,408,000.00 6,727,000.00 6,832,000.00 6,960,000.00 7,398,000.00 7,281,000.00 7,028,000.00 7,397,000.00 6,579,000.00 6,286,000.00 5,901,000.00 5,347,000.00
            Account Payables 1,119,000.00 1,022,000.00 873,000.00 858,000.00 802,000.00 752,000.00 833,000.00 790,000.00 799,000.00 694,000.00 712,000.00 728,000.00 774,000.00 810,000.00 862,000.00 860,000.00 310,000.00 429,000.00 232,000.00 235,000.00
            Current Accrued Liabilities 628,000.00 480,000.00 331,000.00 649,000.00 7,332,000.00 6,981,000.00 6,894,000.00 6,458,000.00 6,609,000.00 6,033,000.00 6,120,000.00 6,232,000.00 6,624,000.00 6,471,000.00 6,166,000.00 6,537,000.00 6,269,000.00 5,857,000.00 5,669,000.00 5,112,000.00
      Short-Term Debt 163,000.00 176,000.00 177,000.00 175,000.00 178,000.00 198,000.00 184,000.00 190,000.00 174,000.00 179,000.00 193,000.00 201,000.00 189,000.00 215,000.00 209,000.00 185,000.00 168,000.00 177,000.00 171,000.00 175,000.00
      Other Current Liabilities 11,211,000.00 11,008,000.00 10,732,000.00 9,794,000.00 2,523,000.00 2,387,000.00 2,082,000.00 2,016,000.00 1,823,000.00 1,729,000.00 1,658,000.00 1,692,000.00 1,433,000.00 1,449,000.00 1,415,000.00 1,442,000.00 1,379,000.00 1,221,000.00 1,216,000.00 1,343,000.00
   Non-Current Liabilities 21,875,000.00 20,421,000.00 18,544,000.00 18,016,000.00 20,529,000.00 18,202,000.00 17,893,000.00 17,318,000.00 16,770,000.00 16,310,000.00 15,845,000.00 15,541,000.00 15,792,000.00 15,806,000.00 15,542,000.00 15,401,000.00 14,473,000.00 12,823,000.00 13,296,000.00 12,769,000.00
      Long-Term Debt 12,027,000.00 11,016,000.00 9,797,000.00 9,801,000.00 12,482,000.00 10,946,000.00 10,977,000.00 11,009,000.00 10,817,000.00 10,852,000.00 10,886,000.00 10,938,000.00 10,894,000.00 10,982,000.00 10,954,000.00 10,920,000.00 10,767,000.00 9,311,000.00 9,332,000.00 9,104,000.00
      Other Non-Current Liabilities 9,848,000.00 9,405,000.00 8,747,000.00 8,215,000.00 8,047,000.00 7,256,000.00 6,916,000.00 6,309,000.00 5,953,000.00 5,458,000.00 4,959,000.00 4,603,000.00 4,898,000.00 4,824,000.00 4,588,000.00 4,481,000.00 3,706,000.00 3,512,000.00 3,964,000.00 3,665,000.00
Equity 32,947,000.00 27,471,000.00 26,684,000.00 25,152,000.00 19,053,000.00 16,394,000.00 15,213,000.00 15,427,000.00 13,905,000.00 13,264,000.00 12,260,000.00 12,276,000.00 10,830,000.00 10,950,000.00 13,423,000.00 19,009,000.00 17,781,000.00 19,325,000.00 16,939,000.00 15,264,000.00
   Shareholders Equity 28,134,000.00 22,598,000.00 21,975,000.00 21,558,000.00 14,780,000.00 12,350,000.00 11,058,000.00 11,249,000.00 9,358,000.00 8,664,000.00 7,508,000.00 7,340,000.00 6,247,000.00 6,661,000.00 8,916,000.00 14,458,000.00 13,931,000.00 15,537,000.00 14,906,000.00 11,196,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 39,499,000.00 40,625,000.00 41,406,000.00 42,801,000.00 42,825,000.00 43,062,000.00 42,743,000.00 42,264,000.00 42,147,000.00 41,637,000.00 41,030,000.00 40,550,000.00 40,020,000.00 39,523,000.00 38,977,000.00 38,608,000.00 37,281,000.00 35,588,000.00 36,182,000.00 35,931,000.00
      Retained Earnings -10,935,000.00 -17,592,000.00 -18,946,000.00 -20,726,000.00 -27,621,000.00 -30,233,000.00 -31,248,000.00 -30,594,000.00 -32,309,000.00 -32,530,000.00 -32,924,000.00 -32,767,000.00 -33,363,000.00 -32,157,000.00 -29,556,000.00 -23,626,000.00 -24,518,000.00 -22,094,000.00 -23,238,000.00 -23,130,000.00
      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 -430,000.00 -435,000.00 -485,000.00 -517,000.00 -424,000.00 -479,000.00 -437,000.00 -421,000.00 -480,000.00 -443,000.00 -598,000.00 -443,000.00 -410,000.00 -705,000.00 -505,000.00 -524,000.00 1,168,000.00 681,000.00 654,000.00 -535,000.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 17,387,000.00 17,923,000.00 16,868,000.00 16,810,000.00 19,558,000.00 14,396,000.00 11,466,000.00 11,718,000.00 9,438,000.00 4,810,000.00 4,910,000.00 5,174,000.00 902,000.00 521,000.00 624,000.00 800,000.00 971,000.00 2,217,000.00 2,765,000.00 4,560,000.00
Debt 12,190,000.00 11,192,000.00 9,974,000.00 9,976,000.00 12,660,000.00 11,144,000.00 11,161,000.00 11,199,000.00 10,991,000.00 11,031,000.00 11,079,000.00 11,139,000.00 11,083,000.00 11,197,000.00 11,163,000.00 11,105,000.00 10,935,000.00 9,488,000.00 9,503,000.00 9,279,000.00
Net Debt 2,627,000.00 2,631,000.00 2,695,000.00 2,454,000.00 2,664,000.00 4,076,000.00 4,590,000.00 4,987,000.00 4,985,000.00 4,589,000.00 6,016,000.00 6,148,000.00 5,625,000.00 6,274,000.00 6,436,000.00 6,179,000.00 4,039,000.00 4,161,000.00 3,601,000.00 2,202,000.00
Common Shares Outstanding 2,079,769.00 2,086,768.00 2,091,856.00 2,107,953.00 2,104,178.00 2,097,951.00 2,086,247.00 2,100,000.00 2,053,437.00 2,038,892.00 2,019,194.00 2,005,486.00 1,990,396.00 1,976,225.00 1,959,794.00 1,949,316.00 1,918,591.00 1,880,310.00 1,867,369.00 1,849,794.00
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 37,651,000.00 24,184,000.00 11,533,000.00 -19,003,000.00 32,019,000.00 20,831,000.00 10,131,000.00 -16,940,000.00 27,345,000.00 18,053,000.00 8,823,000.00 -13,174,000.00 23,270,000.00 14,927,000.00 6,854,000.00 -3,957,000.00 11,677,000.00 6,832,000.00 2,903,000.00
Cost Of Revenue 22,657,000.00 14,548,000.00 6,937,000.00 -11,590,000.00 19,417,000.00 12,656,000.00 6,168,000.00 -9,976,000.00 16,400,000.00 10,774,000.00 5,259,000.00 -9,238,000.00 17,052,000.00 10,879,000.00 4,766,000.00 -2,743,000.00 7,747,000.00 4,698,000.00 2,049,000.00
Gross Profit 14,994,000.00 9,636,000.00 4,596,000.00 -7,413,000.00 12,602,000.00 8,175,000.00 3,963,000.00 -6,964,000.00 10,945,000.00 7,279,000.00 3,564,000.00 -3,936,000.00 6,218,000.00 4,048,000.00 2,088,000.00 -1,214,000.00 3,930,000.00 2,134,000.00 854,000.00
Operating Expenses 11,203,000.00 6,958,000.00 3,368,000.00 -7,043,000.00 10,573,000.00 7,207,000.00 3,791,000.00 -7,814,000.00 10,487,000.00 7,215,000.00 3,826,000.00 -5,471,000.00 7,908,000.00 5,243,000.00 2,570,000.00 -4,900,000.00 7,214,000.00 4,846,000.00 2,378,000.00
   Selling, General and Administrative Expenses 6,053,000.00 3,593,000.00 1,714,000.00 -3,730,000.00 5,653,000.00 3,927,000.00 2,126,000.00 -4,579,000.00 5,500,000.00 3,913,000.00 2,204,000.00 -3,992,000.00 6,025,000.00 3,964,000.00 1,895,000.00 -3,133,000.00 5,232,000.00 3,439,000.00 1,567,000.00
   Research and Development Expenses 2,517,000.00 1,655,000.00 815,000.00 -1,555,000.00 2,324,000.00 1,550,000.00 790,000.00 -1,574,000.00 2,380,000.00 1,583,000.00 775,000.00 -1,131,000.00 2,051,000.00 1,291,000.00 587,000.00 -960,000.00 1,496,000.00 1,003,000.00 515,000.00
   Other Operating Expenses 2,633,000.00 1,710,000.00 839,000.00 -1,758,000.00 2,596,000.00 1,730,000.00 875,000.00 -1,661,000.00 2,607,000.00 1,719,000.00 847,000.00 -348,000.00 -168,000.00 -12,000.00 88,000.00 -807,000.00 486,000.00 404,000.00 296,000.00
Operating Income 3,791,000.00 2,678,000.00 1,228,000.00 -370,000.00 2,029,000.00 968,000.00 172,000.00 850,000.00 458,000.00 64,000.00 -262,000.00 1,535,000.00 -1,690,000.00 -1,195,000.00 -482,000.00 3,686,000.00 -3,284,000.00 -2,712,000.00 -1,524,000.00
Net Non-Operating Income 1,718,000.00 211,000.00 157,000.00 1,462,000.00 1,187,000.00 -521,000.00 -802,000.00 799,000.00 35,000.00 253,000.00 124,000.00 13,831,000.00 -8,210,000.00 -7,529,000.00 -5,686,000.00 -3,677,000.00 1,468,000.00 3,423,000.00 1,595,000.00
Interest Income 868,000.00 563,000.00 274,000.00 -573,000.00 936,000.00 598,000.00 283,000.00 -446,000.00 802,000.00 506,000.00 255,000.00 -212,000.00 480,000.00 296,000.00 140,000.00 -229,000.00 381,000.00 248,000.00 120,000.00
Interest Expense 325,000.00 213,000.00 105,000.00 -270,000.00 406,000.00 263,000.00 124,000.00 -325,000.00 478,000.00 312,000.00 168,000.00 -246,000.00 414,000.00 268,000.00 129,000.00 -215,000.00 353,000.00 230,000.00 115,000.00
Net Interest 543,000.00 350,000.00 169,000.00 -303,000.00 530,000.00 335,000.00 159,000.00 -121,000.00 324,000.00 194,000.00 87,000.00 34,000.00 66,000.00 28,000.00 11,000.00 -14,000.00 28,000.00 18,000.00 5,000.00
EBT 5,509,000.00 2,889,000.00 1,385,000.00 1,092,000.00 3,216,000.00 447,000.00 -630,000.00 1,649,000.00 493,000.00 317,000.00 -138,000.00 15,366,000.00 -9,900,000.00 -8,724,000.00 -6,168,000.00 9,000.00 -1,816,000.00 711,000.00 71,000.00
Income Tax 4,306,000.00 260,000.00 402,000.00 5,399,000.00 244,000.00 86,000.00 29,000.00 -42,000.00 80,000.00 120,000.00 55,000.00 -303,000.00 97,000.00 155,000.00 232,000.00 -382,000.00 395,000.00 294,000.00 185,000.00
Equity Method Investments Income -39,000.00 -25,000.00 -13,000.00 10,000.00 -28,000.00 -16,000.00 -4,000.00 -71,000.00 43,000.00 40,000.00 36,000.00 -11,000.00 65,000.00 35,000.00 18,000.00 14,000.00 -28,000.00 -15,000.00 -8,000.00
Net Income Including Non-Controlling Interests 9,738,000.00 3,138,000.00 1,778,000.00 7,133,000.00 3,002,000.00 377,000.00 -645,000.00 1,078,000.00 460,000.00 237,000.00 -157,000.00 15,058,000.00 -9,734,000.00 -8,526,000.00 -5,942,000.00 -83,000.00 -1,327,000.00 1,082,000.00 -94,000.00
Net Income Non-Controlling Interests 19,000.00 -7,000.00 -2,000.00 43,000.00 -29,000.00 -16,000.00 -9,000.00 271,000.00 -2,000.00 0.00 0.00 -3,000.00 -2,000.00 -4,000.00 12,000.00 47,000.00 -61,000.00 -46,000.00 -14,000.00
Net Income 9,757,000.00 3,131,000.00 1,776,000.00 7,176,000.00 2,973,000.00 361,000.00 -654,000.00 1,349,000.00 458,000.00 237,000.00 -157,000.00 15,055,000.00 -9,736,000.00 -8,530,000.00 -5,930,000.00 -36,000.00 -1,388,000.00 1,036,000.00 -108,000.00
EBIT 5,834,000.00 3,102,000.00 1,490,000.00 822,000.00 3,622,000.00 710,000.00 -506,000.00 1,324,000.00 971,000.00 629,000.00 30,000.00 15,120,000.00 -9,486,000.00 -8,456,000.00 -6,039,000.00 -206,000.00 -1,463,000.00 941,000.00 186,000.00
Deprecation and Amortization 201,000.00 0.00 0.00 -879,000.00 561,000.00 375,000.00 194,000.00 -419,000.00 620,000.00 415,000.00 207,000.00 -528,000.00 724,000.00 497,000.00 254,000.00 -404,000.00 656,000.00 438,000.00 212,000.00
EBITDA 6,035,000.00 0 0 -57,000.00 4,183,000.00 1,085,000.00 -312,000.00 905,000.00 1,591,000.00 1,044,000.00 237,000.00 14,592,000.00 -8,762,000.00 -7,959,000.00 -5,785,000.00 -610,000.00 -807,000.00 1,379,000.00 398,000.00
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 -0.00 -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 2,089,220.00 2,091,781.00 2,092,464.00 2,123,808.00 2,090,809.00 2,085,324.00 2,078,467.00 2,087,666.00 2,027,148.00 2,018,233.00 2,009,557.00 2,012,925.00 1,964,483.00 1,957,127.00 1,953,989.00 1,967,174.00 1,877,655.00 1,866,830.00 1,858,525.00
Average Shares Outstanding Diluted 2,124,293.00 2,124,181.00 2,122,618.00 2,217,034.00 2,153,183.00 2,151,647.00 2,080,168.00 2,210,625.00 2,080,686.00 2,066,260.00 2,009,557.00 2,012,882.00 1,968,228.00 1,960,871.00 1,957,731.00 1,894,804.00 1,878,997.00 1,949,750.00 1,858,525.00
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 7,216,000.00 4,888,000.00 2,324,000.00 -2,902,000.00 5,387,000.00 3,236,000.00 1,416,000.00 -1,579,000.00 2,762,000.00 1,796,000.00 606,000.00 -713,000.00 886,000.00 454,000.00 15,000.00 1,456,000.00 -338,000.00 -952,000.00 -611,000.00
   Operating Net Income 9,776,000.00 3,124,000.00 1,774,000.00 7,219,000.00 2,944,000.00 345,000.00 -663,000.00 1,620,000.00 456,000.00 237,000.00 -157,000.00 15,052,000.00 -9,738,000.00 -8,534,000.00 -5,918,000.00 11,000.00 -1,449,000.00 990,000.00 -122,000.00
   Deprecation and Amortization 201,000.00 0 0 -879,000.00 561,000.00 375,000.00 194,000.00 -419,000.00 620,000.00 415,000.00 207,000.00 -528,000.00 724,000.00 497,000.00 254,000.00 -404,000.00 656,000.00 438,000.00 212,000.00
   Deferred Income Tax -4,492,000.00 -325,000.00 -412,000.00 -6,089,000.00 101,000.00 -23,000.00 -16,000.00 -32,000.00 32,000.00 16,000.00 10,000.00 358,000.00 -251,000.00 -267,000.00 -281,000.00 37,000.00 -482,000.00 -367,000.00 120,000.00
   Share Based Compensation 1,375,000.00 910,000.00 435,000.00 -1,004,000.00 1,377,000.00 939,000.00 484,000.00 -975,000.00 1,466,000.00 974,000.00 470,000.00 -706,000.00 1,311,000.00 829,000.00 359,000.00 -500,000.00 834,000.00 553,000.00 281,000.00
   Change in Working Capital 1,463,000.00 1,214,000.00 626,000.00 -1,934,000.00 1,076,000.00 990,000.00 790,000.00 658,000.00 1,630,000.00 52,000.00 -56,000.00 329,000.00 196,000.00 26,000.00 54,000.00 -173,000.00 654,000.00 343,000.00 99,000.00
   Other Operating Activities -1,107,000.00 -35,000.00 -99,000.00 -215,000.00 -672,000.00 610,000.00 627,000.00 -2,431,000.00 -1,442,000.00 102,000.00 132,000.00 -15,218,000.00 8,644,000.00 7,903,000.00 5,547,000.00 2,485,000.00 -551,000.00 -2,909,000.00 -1,201,000.00
Investing Cash Flow -1,950,000.00 -2,003,000.00 -542,000.00 3,593,000.00 -4,610,000.00 -1,918,000.00 -242,000.00 -429,000.00 -2,407,000.00 9,000.00 -399,000.00 -1,445,000.00 132,000.00 -189,000.00 -135,000.00 -1,869,000.00 1,067,000.00 -149,000.00 -250,000.00
   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 261,000.00 163,000.00 74,000.00 -169,000.00 198,000.00 156,000.00 57,000.00 -109,000.00 168,000.00 107,000.00 57,000.00 -122,000.00 193,000.00 119,000.00 62,000.00 -119,000.00 218,000.00 128,000.00 71,000.00
   Net Purchase/Sale of Investments Net 27,693,000.00 14,911,000.00 5,083,000.00 -5,933,000.00 15,675,000.00 9,249,000.00 4,080,000.00 -277,000.00 8,904,000.00 3,841,000.00 1,342,000.00 1,712,000.00 380,000.00 -3,000.00 1,000.00 -3,050,000.00 3,629,000.00 1,870,000.00 1,240,000.00
   Net Purchase/Sale of Business 804,000.00 804,000.00 0 -26,000.00 17,000.00 17,000.00 9,000.00 -703,000.00 721,000.00 703,000.00 0 -118,000.00 85,000.00 59,000.00 59,000.00 2,295,000.00 911,000.00 80,000.00 28,000.00
   Other Investing Activities -30,708,000.00 -17,881,000.00 -5,699,000.00 9,721,000.00 -20,500,000.00 -11,340,000.00 -4,388,000.00 660,000.00 -12,200,000.00 -4,642,000.00 -1,798,000.00 -2,917,000.00 -526,000.00 -364,000.00 -257,000.00 -995,000.00 -3,691,000.00 -2,227,000.00 -1,589,000.00
Financing Cash Flow -2,595,000.00 -2,057,000.00 -1,862,000.00 -3,006,000.00 1,310,000.00 -291,000.00 -100,000.00 218,000.00 -141,000.00 -65,000.00 -107,000.00 132,000.00 104,000.00 -108,000.00 -113,000.00 830,000.00 1,366,000.00 -190,000.00 -226,000.00
   Net Issuance/Repayment of Debt 4,671,000.00 1,202,000.00 47,000.00 1,912,000.00 6,080,000.00 90,000.00 48,000.00 -4,664,000.00 4,614,000.00 3,447,000.00 3,398,000.00 -53,000.00 147,000.00 108,000.00 62,000.00 -345,000.00 1,846,000.00 302,000.00 241,000.00
   Net Issuance/Repurchase of Equity 4,611,000.00 3,148,000.00 1,785,000.00 230,000.00 697,000.00 325,000.00 0 0 0 0 0 255,000.00 0 0 0 675,000.00 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 -11,877,000.00 -6,407,000.00 -3,694,000.00 -5,148,000.00 -5,467,000.00 -706,000.00 -148,000.00 4,882,000.00 -4,755,000.00 -3,512,000.00 -3,505,000.00 -70,000.00 -43,000.00 -216,000.00 -175,000.00 500,000.00 -480,000.00 -492,000.00 -467,000.00
Net Change in Cash 2,873,000.00 1,057,000.00 -10,000.00 -2,250,000.00 1,999,000.00 877,000.00 980,000.00 -1,760,000.00 188,000.00 1,783,000.00 116,000.00 -1,803,000.00 829,000.00 59,000.00 -213,000.00 434,000.00 2,050,000.00 -1,286,000.00 -1,133,000.00
   Cash at Beginning of Period 8,610,000.00 8,610,000.00 8,610,000.00 10,860,000.00 7,004,000.00 7,004,000.00 7,004,000.00 8,764,000.00 6,677,000.00 6,677,000.00 6,677,000.00 8,480,000.00 7,805,000.00 7,805,000.00 7,805,000.00 7,371,000.00 7,740,000.00 7,740,000.00 7,740,000.00
   Cash at End of Period 11,483,000.00 9,667,000.00 8,600,000.00 8,610,000.00 9,003,000.00 7,881,000.00 7,984,000.00 7,004,000.00 6,865,000.00 8,460,000.00 6,793,000.00 6,677,000.00 8,634,000.00 7,864,000.00 7,592,000.00 7,805,000.00 9,790,000.00 6,454,000.00 6,607,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0