UMH
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | 629.33 | -102.13 | -24.03 | 24.85 | |
| Price to Sales | 5.82 | 4.37 | 4.47 | 6.80 | |
| Book Value Per Common Share | 11.16 | 10.37 | 9.53 | 14.37 | 11.97 |
| Price to Book | 1.69 | 1.48 | 1.69 | 1.90 | |
| Price to Operating Cash Flow | 17.15 | 8.05 | -109.67 | 19.43 | |
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | 185.63 | 559.67 | 655.67 | -199.88 | -180.44 | -56.08 | -99.88 | -164.33 | -23.75 | -35.32 | -273.22 | 84.81 | ||||||||
| Price to Sales | 6.39 | 10.93 | 25.16 | 7.95 | 9.52 | 19.46 | 5.29 | 0.01 | 16.61 | 5.90 | 0.01 | 28.04 | 7.39 | 10.44 | 18.83 | |||||
| Book Value Per Common Share | 10.85 | 11.00 | 11.02 | 11.16 | 10.88 | 10.20 | 10.19 | 10.37 | 10.21 | 10.08 | 9.82 | 9.53 | 9.24 | 9.55 | 14.39 | 14.37 | 13.76 | 13.77 | 12.67 | 11.97 |
| Price to Book | 1.37 | 1.53 | 1.70 | 1.69 | 1.81 | 1.57 | 1.59 | 1.48 | 1.37 | 1.59 | 1.51 | 1.69 | 1.75 | 1.85 | 1.71 | 1.90 | 1.66 | 1.58 | 1.51 | |
| Price to Operating Cash Flow | 20.52 | 37.57 | 120.57 | 26.13 | 29.89 | 58.95 | 9.60 | 0.02 | 67.53 | 170.72 | 0.17 | 229.38 | 22.39 | 28.95 | 61.48 | |||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | 816.67 | ||||
| Revenue YoY | 8.88 | 12.85 | 5.20 | 13.75 | |
| EBITDA YoY | |||||
| Net Profit YoY | 910.64 |
| 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 | 166.67 | |||||||||||||||||||
| Revenue YoY | 52.33 | 108.85 | 51.41 | 104.59 | 51.94 | 105.10 | 54.62 | 107.31 | 52.15 | 113.51 | ||||||||||
| EBITDA YoY | ||||||||||||||||||||
| Net Profit YoY | 186.25 | 14.05 | 115.31 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.35 | 0.91 | 0.55 | 2.51 | 0.37 |
| Quick Ratio | |||||
| Current Ratio | |||||
| Debt to Equity | 0.71 | 1.02 | 1.44 | 0.71 | 1.17 |
| Long-Term Debt to Equity |
| 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 | 0.41 | 0.95 | 0.43 | 1.22 | 0.92 | 0.56 | 0.58 | 0.84 | 0.62 | 689.26 | 0.56 | 0.52 | 1.16 | 5182.00 | 5.59 | 2.25 | 1.82 | 2.05 | 0.58 | 0.37 |
| Quick Ratio | ||||||||||||||||||||
| Current Ratio | ||||||||||||||||||||
| Debt to Equity | 0.76 | 0.74 | 0.69 | 0.71 | 0.75 | 0.94 | 0.98 | 1.02 | 1.06 | 1.19 | 1.32 | 1.44 | 1.48 | 1.73 | 0.84 | 0.71 | 0.80 | 0.86 | 1.05 | 1.17 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | 0.16 | -0.61 | -2.70 | 4.02 | 0.46 |
| ROE | 0.27 | -1.23 | -6.58 | 6.88 | 1.01 |
| Gross Margin | 91.19 | ||||
| Operating Margin | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 1.03 | -3.94 | -18.52 | 27.45 | 3.09 |
| 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 | 0.40 | 0.14 | -0.02 | 0.16 | -0.40 | -0.44 | -1.12 | -0.70 | -0.39 | -2.88 | -0.24 | 0.23 | 2.83 | 2.47 | 1.24 | |||||
| ROE | 0.70 | 0.24 | -0.03 | 0.28 | -0.77 | -0.87 | -2.29 | -1.52 | -0.90 | -7.14 | -0.65 | 0.43 | 5.09 | 4.58 | 2.55 | |||||
| Gross Margin | ||||||||||||||||||||
| Operating Margin | ||||||||||||||||||||
| EBITDA Margin | ||||||||||||||||||||
| Net Profit Margin | 3.32 | 1.77 | -0.44 | 1.37 | -4.86 | -10.86 | -9.48 | -9.00 | -10.07 | -24.86 | -3.59 | 7.14 | 24.32 | 32.45 | 32.18 |
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 | 1,563,728.00 | 1,427,577.00 | 1,344,596.00 | 1,270,820.00 | 1,087,214.00 |
| Cash and Short-Term Investments | 99,720.00 | 57,320.00 | 29,785.00 | 116,175.00 | 15,336.00 |
| Cash and Cash Equivalents | 99,720.00 | 57,320.00 | 29,785.00 | 116,175.00 | 15,336.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 87,400.00 | 77,100.00 | 63,000.00 | 51,900.00 | 43,400.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 1,089,578.00 | 1,012,191.00 | 963,158.00 | 815,611.00 | 756,797.00 |
| Real Estate | 4,517,799.00 | 4,141,921.00 | 3,681,717.00 | 3,211,398.00 | 2,933,816.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 28,447.00 | 24,851.00 | 18,422.00 | 8,937.00 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 647,819.00 | 720,783.00 | 793,400.00 | 528,680.00 | 585,406.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 489,271.00 | 501,135.00 | 513,709.00 | 456,702.00 | 476,390.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 915,909.00 | 706,794.00 | 551,196.00 | 742,140.00 | 501,808.00 |
| Shareholders Equity | 914,029.00 | 704,720.00 | 548,964.00 | 742,140.00 | 501,808.00 |
| Capital Stock | 8,191.00 | 6,798.00 | 5,760.00 | 5,165.00 | 4,192.00 |
| Share Premium | 610,630.00 | 433,106.00 | 343,189.00 | 300,020.00 | 115,026.00 |
| Retained Earnings | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1,880.00 | 2,074.00 | 2,232.00 | 0 | 0 |
| Investments | 251,628.00 | 266,393.00 | 313,668.00 | 805,173.00 | 722,204.00 |
| Debt | 542,098.00 | 683,441.00 | 816,000.00 | 546,081.00 | 556,288.00 |
| Net Debt | 442,378.00 | 626,121.00 | 786,215.00 | 429,906.00 | 540,952.00 |
| Common Shares Outstanding | 81,909.00 | 67,978.00 | 57,595.00 | 51,651.00 | 41,919.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 240,552.00 | 220,925.00 | 195,776.00 | 186,099.00 | 163,609.00 |
| Cost Of Revenue | 0 | 0 | 0 | 0 | 14,417.00 |
| Gross Profit | 0 | 0 | 0 | 0 | 149,192.00 |
| Operating Expenses | 198,092.00 | 184,803.00 | 166,252.00 | 152,163.00 | 135,296.00 |
| Selling, General and Administrative Expenses | 28,605.00 | 26,652.00 | 24,261.00 | 18,902.00 | 15,997.00 |
| Other Operating Expenses | 169,487.00 | 158,151.00 | 141,991.00 | 133,261.00 | 119,299.00 |
| Operating Income | 0 | 0 | 0 | 0 | 13,896.00 |
| Net Non-Operating Income | -20,906.00 | -28,271.00 | -34,327.00 | 17,322.00 | -23,042.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Including Non-Controlling Interests | 2,666.00 | -8,556.00 | -36,147.00 | 51,088.00 | 5,055.00 |
| Net Income Non-Controlling Interests | -194.00 | -158.00 | -118.00 | 0.00 | 0.00 |
| Net Income | 2,472.00 | -8,714.00 | -36,265.00 | 51,088.00 | 5,055.00 |
| Deprecation and Amortization | 60,239.00 | 55,719.00 | 48,769.00 | 45,124.00 | 41,707.00 |
| 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 | 74,114.00 | 63,068.00 | 54,389.00 | 46,332.00 | 41,395.00 |
| Average Shares Outstanding Diluted | 74,912.00 | 63,068.00 | 54,389.00 | 47,432.00 | 41,395.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | 81,601.00 | 120,077.00 | -7,983.00 | 65,163.00 | 69,037.00 |
| Operating Net Income | 21,441.00 | 7,851.00 | -9,944.00 | 50,110.00 | 4,373.00 |
| Deprecation and Amortization | 60,239.00 | 55,719.00 | 48,769.00 | 45,124.00 | 41,707.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 9,856.00 | 10,029.00 | 10,403.00 | 6,891.00 | 2,627.00 |
| Change in Working Capital | 4,473.00 | -60,117.00 | 67,558.00 | -350.00 | -6,839.00 |
| Other Operating Activities | -14,408.00 | 106,595.00 | -124,769.00 | -36,612.00 | 27,169.00 |
| Investing Cash Flow | -139,865.00 | -165,573.00 | -124,121.00 | -94,364.00 | -103,770.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 97,383.00 | 126,909.00 | 84,210.00 | 62,129.00 | 2,657.00 |
| Net Purchase/Sale of Investments Net | 60.00 | 4,346.00 | 56,163.00 | 16,853.00 | 1,105.00 |
| Net Purchase/Sale of Business | 4,491.00 | 7,455.00 | 9,485.00 | 8,937.00 | 0 |
| Other Investing Activities | -241,799.00 | -304,283.00 | -273,979.00 | -182,283.00 | -107,532.00 |
| Financing Cash Flow | 102,638.00 | 69,057.00 | 47,954.00 | 125,634.00 | 44,330.00 |
| Net Issuance/Repayment of Debt | -65,170.00 | -59,542.00 | 209,950.00 | -40,448.00 | 3,309.00 |
| Net Issuance/Repurchase of Equity | 37,933.00 | 62,857.00 | 18,295.00 | 68,081.00 | 104,645.00 |
| Dividends Paid | 78,238.00 | 65,795.00 | 65,239.00 | 61,353.00 | 58,600.00 |
| Other Financing Activities | 51,637.00 | -53.00 | -245,530.00 | 36,648.00 | -122,224.00 |
| Net Change in Cash | 44,374.00 | 23,561.00 | -84,150.00 | 96,433.00 | 9,597.00 |
| Cash at Beginning of Period | 64,437.00 | 40,876.00 | 125,026.00 | 28,593.00 | 18,996.00 |
| Cash at End of Period | 108,811.00 | 64,437.00 | 40,876.00 | 125,026.00 | 28,593.00 |
| 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 | 1,629,535.00 | 1,624,022.00 | 1,549,306.00 | 1,563,728.00 | 1,501,533.00 | 1,441,295.00 | 1,416,439.00 | 1,427,577.00 | 1,392,884.00 | 1,393,869.00 | 1,370,341.00 | 1,344,596.00 | 1,266,900.00 | 1,423,265.00 | 1,413,826.00 | 1,270,820.00 | 1,205,734.00 | 1,211,863.00 | 1,120,024.00 | 1,087,214.00 |
| Cash and Short-Term Investments | 34,056.00 | 79,235.00 | 35,199.00 | 99,720.00 | 66,704.00 | 39,457.00 | 39,865.00 | 57,320.00 | 38,646.00 | 41,484.00 | 32,858.00 | 29,785.00 | 62,512.00 | 275,807.00 | 292,465.00 | 116,175.00 | 82,435.00 | 90,096.00 | 24,784.00 | 15,336.00 |
| Cash and Cash Equivalents | 34,056.00 | 79,235.00 | 35,199.00 | 99,720.00 | 66,704.00 | 39,457.00 | 39,865.00 | 57,320.00 | 38,646.00 | 41,484.00 | 32,858.00 | 29,785.00 | 62,512.00 | 275,807.00 | 292,465.00 | 116,175.00 | 82,435.00 | 90,096.00 | 24,784.00 | 15,336.00 |
| 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 | 97,600.00 | 93,400.00 | 89,700.00 | 87,400.00 | 83,900.00 | 81,600.00 | 78,900.00 | 77,100.00 | 74,100.00 | 71,400.00 | 66,400.00 | 63,000.00 | 61,000.00 | 56,100.00 | 53,500.00 | 51,900.00 | 50,800.00 | 48,200.00 | 45,200.00 | 43,400.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Property, Plant, Equipment Net | 1,153,897.00 | 1,130,620.00 | 1,120,670.00 | 1,089,578.00 | 1,033,985.00 | 1,024,760.00 | 1,017,023.00 | 1,012,191.00 | 985,919.00 | 979,623.00 | 973,523.00 | 963,158.00 | 883,198.00 | 847,344.00 | 825,961.00 | 815,611.00 | 786,001.00 | 779,986.00 | 764,009.00 | 756,797.00 |
| Real Estate | 4,381,692.00 | 4,248,583.00 | 4,159,236.00 | 4,517,799.00 | 3,915,422.00 | 3,840,741.00 | 3,776,935.00 | 4,141,921.00 | 3,640,766.00 | 3,538,475.00 | 3,401,262.00 | 3,681,717.00 | 3,129,318.00 | 3,004,818.00 | 2,939,495.00 | 3,211,398.00 | 2,831,046.00 | 2,782,350.00 | 2,711,766.00 | 2,933,816.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 30,294.00 | 29,574.00 | 29,034.00 | 28,447.00 | 26,722.00 | 26,211.00 | 24,916.00 | 24,851.00 | 23,332.00 | 23,194.00 | 23,766.00 | 18,422.00 | 10,758.00 | 11,010.00 | 9,053.00 | 8,937.00 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Liabilities | 703,122.00 | 690,264.00 | 635,111.00 | 647,819.00 | 643,148.00 | 697,315.00 | 699,282.00 | 720,783.00 | 715,137.00 | 756,002.00 | 778,947.00 | 793,400.00 | 755,348.00 | 901,370.00 | 644,212.00 | 528,680.00 | 536,099.00 | 559,402.00 | 574,776.00 | 585,406.00 |
| Payables and Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Account Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 472,484.00 | 535,469.00 | 479,879.00 | 489,271.00 | 492,248.00 | 495,219.00 | 498,188.00 | 501,135.00 | 446,280.00 | 449,126.00 | 465,495.00 | 513,709.00 | 504,647.00 | 473,559.00 | 479,454.00 | 456,702.00 | 471,881.00 | 470,693.00 | 473,528.00 | 476,390.00 |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity | 926,413.00 | 933,758.00 | 914,195.00 | 915,909.00 | 858,385.00 | 743,980.00 | 717,157.00 | 706,794.00 | 677,747.00 | 637,867.00 | 591,394.00 | 551,196.00 | 511,552.00 | 521,895.00 | 769,614.00 | 742,140.00 | 669,635.00 | 652,461.00 | 545,248.00 | 501,808.00 |
| Shareholders Equity | 924,692.00 | 931,982.00 | 912,363.00 | 914,029.00 | 856,462.00 | 741,998.00 | 715,117.00 | 704,720.00 | 675,623.00 | 635,711.00 | 589,202.00 | 548,964.00 | 509,363.00 | 521,895.00 | 769,614.00 | 742,140.00 | 669,635.00 | 652,461.00 | 545,248.00 | 501,808.00 |
| Capital Stock | 8,520.00 | 8,474.00 | 8,283.00 | 8,191.00 | 7,870.00 | 7,275.00 | 7,015.00 | 6,798.00 | 6,617.00 | 6,307.00 | 5,998.00 | 5,760.00 | 5,514.00 | 5,467.00 | 5,350.00 | 5,165.00 | 4,866.00 | 4,739.00 | 4,302.00 | 4,192.00 |
| Share Premium | 619,651.00 | 627,068.00 | 607,640.00 | 610,630.00 | 567,178.00 | 464,330.00 | 438,431.00 | 433,106.00 | 414,888.00 | 389,736.00 | 361,331.00 | 343,189.00 | 313,806.00 | 326,573.00 | 327,309.00 | 300,020.00 | 227,814.00 | 210,767.00 | 126,765.00 | 115,026.00 |
| Retained Earnings | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 | -25,364.00 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1,721.00 | 1,776.00 | 1,832.00 | 1,880.00 | 1,923.00 | 1,982.00 | 2,040.00 | 2,074.00 | 2,124.00 | 2,156.00 | 2,192.00 | 2,232.00 | 2,189.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 189,009.00 | 180,369.00 | 180,674.00 | 251,628.00 | 197,612.00 | 169,576.00 | 170,631.00 | 266,393.00 | 161,412.00 | 206,699.00 | 220,191.00 | 313,668.00 | 206,843.00 | 245,670.00 | 293,908.00 | 805,173.00 | 514,055.00 | 577,145.00 | 540,775.00 | 722,204.00 |
| Debt | 495,603.00 | 557,832.00 | 505,186.00 | 542,098.00 | 514,253.00 | 568,397.00 | 571,314.00 | 683,441.00 | 586,787.00 | 627,231.00 | 652,045.00 | 816,000.00 | 627,039.00 | 527,186.00 | 516,340.00 | 546,081.00 | 507,336.00 | 529,724.00 | 544,623.00 | 556,288.00 |
| Net Debt | 461,547.00 | 478,597.00 | 469,987.00 | 442,378.00 | 447,549.00 | 528,940.00 | 531,449.00 | 626,121.00 | 548,141.00 | 585,747.00 | 619,187.00 | 786,215.00 | 564,527.00 | 251,379.00 | 223,875.00 | 429,906.00 | 424,901.00 | 439,628.00 | 519,839.00 | 540,952.00 |
| Common Shares Outstanding | 85,197.00 | 84,741.00 | 82,825.00 | 81,909.00 | 78,697.00 | 72,750.00 | 70,153.00 | 67,978.00 | 66,172.00 | 63,072.00 | 59,984.00 | 57,595.00 | 55,138.00 | 54,665.00 | 53,500.00 | 51,651.00 | 48,658.00 | 47,387.00 | 43,023.00 | 41,919.00 |
| 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 | 194,786.00 | 127,868.00 | 61,225.00 | -113,815.00 | 178,679.00 | 118,008.00 | 57,680.00 | -103,520.00 | 163,941.00 | 107,897.00 | 52,607.00 | -92,211.00 | 147,028.00 | 95,091.00 | 45,868.00 | -89,245.00 | 140,121.00 | 92,091.00 | 43,132.00 |
| Operating Expenses | 159,767.00 | 105,664.00 | 51,651.00 | -94,657.00 | 146,626.00 | 97,715.00 | 48,408.00 | -90,096.00 | 138,048.00 | 91,611.00 | 45,240.00 | -74,324.00 | 123,670.00 | 79,082.00 | 37,824.00 | -74,823.00 | 114,663.00 | 76,135.00 | 36,188.00 |
| Selling, General and Administrative Expenses | 22,223.00 | 15,717.00 | 7,614.00 | -13,198.00 | 20,525.00 | 14,264.00 | 7,014.00 | -13,705.00 | 19,923.00 | 13,640.00 | 6,794.00 | -8,701.00 | 17,342.00 | 10,567.00 | 5,053.00 | -8,705.00 | 13,762.00 | 9,273.00 | 4,572.00 |
| Other Operating Expenses | 137,544.00 | 89,947.00 | 44,037.00 | -81,459.00 | 126,101.00 | 83,451.00 | 41,394.00 | -76,391.00 | 118,125.00 | 77,971.00 | 38,446.00 | -65,623.00 | 106,328.00 | 68,515.00 | 32,771.00 | -66,118.00 | 100,901.00 | 66,862.00 | 31,616.00 |
| Net Non-Operating Income | -13,210.00 | -9,752.00 | -4,763.00 | 22,213.00 | -15,501.00 | -16,724.00 | -10,894.00 | 28,163.00 | -29,307.00 | -18,227.00 | -8,900.00 | 21,629.00 | -31,893.00 | -19,336.00 | -4,727.00 | -12,307.00 | 8,729.00 | 13,943.00 | 6,957.00 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBT | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax | 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 Income Including Non-Controlling Interests | 6,631.00 | 2,365.00 | -223.00 | 11,946.00 | 2,595.00 | -5,645.00 | -6,230.00 | 21,778.00 | -15,438.00 | -9,639.00 | -5,257.00 | 3,753.00 | -36,487.00 | -6,688.00 | 3,275.00 | 5,204.00 | 16,003.00 | 16,003.00 | 13,878.00 |
| Net Income Non-Controlling Interests | -159.00 | -104.00 | -48.00 | 83.00 | -151.00 | -92.00 | -34.00 | 66.00 | -108.00 | -76.00 | -40.00 | -3,332.00 | -61.00 | 3,275.00 | 0.00 | -31,953.00 | 18,075.00 | 13,878.00 | 0.00 |
| Net Income | 6,472.00 | 2,261.00 | -271.00 | 12,029.00 | 2,444.00 | -5,737.00 | -6,264.00 | 21,844.00 | -15,546.00 | -9,715.00 | -5,297.00 | 421.00 | -36,548.00 | -3,413.00 | 3,275.00 | -26,749.00 | 34,078.00 | 29,881.00 | 13,878.00 |
| Deprecation and Amortization | 49,210.00 | 32,402.00 | 16,663.00 | -28,679.00 | 44,435.00 | 29,742.00 | 14,741.00 | -26,049.00 | 41,271.00 | 27,124.00 | 13,373.00 | -22,652.00 | 36,003.00 | 23,701.00 | 11,717.00 | -21,648.00 | 33,572.00 | 22,192.00 | 11,008.00 |
| EPS | 0.00 | 0.00 | 0 | 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 | 0 |
| Diluted EPS | 0.00 | 0.00 | 0 | 0.00 | 0.00 | -0.00 | -0.00 | 0.00 | -0.00 | -0.00 | 0 | 0.00 | -0.00 | 0 | 0 | 0.00 | 0.00 | 0 | 0 |
| Average Shares Outstanding Basic | 83,783.00 | 83,233.00 | 82,391.00 | 84,862.00 | 72,173.00 | 70,291.00 | 69,130.00 | 131,273.81 | 61,853.00 | 60.19 | 59,085.00 | 111,455.78 | 53,746.00 | 53.22 | 52,301.00 | 53,683.00 | 45,212.00 | 44,056.00 | 42,377.00 |
| Average Shares Outstanding Diluted | 84,452.00 | 84,051.00 | 83,335.00 | 86,049.00 | 73,769.00 | 70,700.00 | 69,130.00 | 131,334.00 | 61,853.00 | 0 | 59,085.00 | 111,455.78 | 53,746.00 | 53.22 | 52,301.00 | 55,198.00 | 46,247.00 | 45,008.00 | 43,275.00 |
| 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 | 60,643.00 | 37,195.00 | 12,779.00 | -29,383.00 | 54,331.00 | 37,605.00 | 19,048.00 | -35,603.00 | 90,315.00 | 52,425.00 | 12,940.00 | -24,089.00 | 5,083.00 | 5,415.00 | 5,608.00 | -27,505.00 | 46,250.00 | 33,203.00 | 13,215.00 |
| Operating Net Income | 21,700.00 | 12,415.00 | 4,810.00 | 4,674.00 | 16,461.00 | 3,556.00 | -3,250.00 | 16,160.00 | -3,403.00 | -1,904.00 | -3,002.00 | -1,175.00 | -8,631.00 | -3,413.00 | 3,275.00 | -27,727.00 | 34,078.00 | 29,881.00 | 13,878.00 |
| Deprecation and Amortization | 49,210.00 | 32,402.00 | 16,663.00 | -28,679.00 | 44,435.00 | 29,742.00 | 14,741.00 | -26,049.00 | 41,271.00 | 27,124.00 | 13,373.00 | -22,652.00 | 36,003.00 | 23,701.00 | 11,717.00 | -21,648.00 | 33,572.00 | 22,192.00 | 11,008.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 4,320.00 | 3,619.00 | 1,813.00 | 2,227.00 | 3,732.00 | 2,543.00 | 1,354.00 | 1,492.00 | 4,010.00 | 2,999.00 | 1,528.00 | 3,021.00 | 3,912.00 | 2,301.00 | 1,169.00 | 2,358.00 | 2,259.00 | 1,524.00 | 750.00 |
| Change in Working Capital | 4,871.00 | 7,256.00 | 4,696.00 | 7,297.00 | 2,926.00 | -2,226.00 | -3,524.00 | 24,209.00 | -51,539.00 | -28,688.00 | -4,099.00 | -5,666.00 | 39,800.00 | 24,186.00 | 9,238.00 | -4,031.00 | 668.00 | -1,362.00 | 4,375.00 |
| Other Operating Activities | -19,458.00 | -18,497.00 | -15,203.00 | -14,902.00 | -13,223.00 | 3,990.00 | 9,727.00 | -51,415.00 | 99,976.00 | 52,894.00 | 5,140.00 | 2,383.00 | -66,001.00 | -41,360.00 | -19,791.00 | 23,543.00 | -24,327.00 | -19,032.00 | -16,796.00 |
| Investing Cash Flow | -164,736.00 | -100,648.00 | -56,411.00 | 41,331.00 | -97,014.00 | -58,758.00 | -25,424.00 | 103,368.00 | -134,927.00 | -93,819.00 | -40,195.00 | -101,174.00 | -58,435.00 | 871.00 | 34,617.00 | 37,922.00 | -63,987.00 | -49,573.00 | -18,726.00 |
| 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 | 88,548.00 | 52,566.00 | 21,659.00 | -36,375.00 | 71,463.00 | 43,400.00 | 18,895.00 | -87,324.00 | 110,898.00 | 75,936.00 | 27,399.00 | -15,500.00 | 56,199.00 | 30,533.00 | 12,978.00 | -30,347.00 | 48,550.00 | 31,161.00 | 12,765.00 |
| Net Purchase/Sale of Investments Net | 21.00 | 13.00 | 7.00 | -48.00 | 54.00 | 48.00 | 6.00 | -975.00 | 4,340.00 | 513.00 | 468.00 | -111,206.00 | 55,850.00 | 55,762.00 | 55,757.00 | -38,483.00 | 31,347.00 | 14,277.00 | 9,712.00 |
| Net Purchase/Sale of Business | 2,443.00 | 1,538.00 | 773.00 | -208.00 | 2,561.00 | 1,829.00 | 309.00 | -7,571.00 | 4,910.00 | 4,772.00 | 5,344.00 | 5,475.00 | 1,821.00 | 2,073.00 | 116.00 | 8,937.00 | 0 | 0 | 0 |
| Other Investing Activities | -255,748.00 | -154,765.00 | -78,850.00 | 77,962.00 | -171,092.00 | -104,035.00 | -44,634.00 | 199,238.00 | -255,075.00 | -175,040.00 | -73,406.00 | 20,057.00 | -172,305.00 | -87,497.00 | -34,234.00 | 97,815.00 | -143,884.00 | -95,011.00 | -41,203.00 |
| Financing Cash Flow | 37,385.00 | 42,125.00 | -18,693.00 | 51,213.00 | 52,676.00 | 7,598.00 | -8,849.00 | -59,395.00 | 49,306.00 | 49,706.00 | 29,440.00 | -243,631.00 | -577.00 | 153,701.00 | 138,461.00 | -60,987.00 | 79,614.00 | 90,036.00 | 16,971.00 |
| Net Issuance/Repayment of Debt | -582.00 | -928.00 | 371.00 | 34,074.00 | -67,363.00 | -15,837.00 | -16,044.00 | -118,715.00 | -8,338.00 | 29,527.00 | 37,984.00 | -185,039.00 | 183,107.00 | 114,163.00 | 97,719.00 | 41,783.00 | -47,339.00 | -23,615.00 | -11,277.00 |
| Net Issuance/Repurchase of Equity | 6,062.00 | 4,604.00 | 3,112.00 | -4,068.00 | 23,437.00 | 10,640.00 | 7,924.00 | -49,113.00 | 52,333.00 | 38,347.00 | 21,290.00 | 4,313.00 | 7,515.00 | 4,711.00 | 1,756.00 | -98,644.00 | 66,254.00 | 64,077.00 | 36,394.00 |
| Dividends Paid | 68,567.00 | 45,235.00 | 22,022.00 | -34,266.00 | 57,112.00 | 37,216.00 | 18,176.00 | -29,183.00 | 48,353.00 | 31,218.00 | 15,407.00 | -38,123.00 | 51,287.00 | 34,980.00 | 17,095.00 | -27,631.00 | 45,286.00 | 29,531.00 | 14,167.00 |
| Other Financing Activities | -36,662.00 | -6,786.00 | -44,198.00 | 55,473.00 | 39,490.00 | -24,421.00 | -18,905.00 | 137,616.00 | -43,042.00 | -49,386.00 | -45,241.00 | -24,782.00 | -242,486.00 | -153.00 | 21,891.00 | 23,505.00 | 15,413.00 | 20,043.00 | -22,313.00 |
| Net Change in Cash | -66,708.00 | -21,328.00 | -62,325.00 | 63,161.00 | 9,993.00 | -13,555.00 | -15,225.00 | 8,370.00 | 4,694.00 | 8,312.00 | 2,185.00 | -368,894.00 | -53,929.00 | 159,987.00 | 178,686.00 | -50,570.00 | 61,877.00 | 73,666.00 | 11,460.00 |
| Cash at Beginning of Period | 108,811.00 | 108,811.00 | 108,811.00 | 45,650.00 | 64,437.00 | 64,437.00 | 64,437.00 | 56,067.00 | 40,876.00 | 40,876.00 | 40,876.00 | 409,770.00 | 125,026.00 | 125,026.00 | 125,026.00 | 175,596.00 | 28,593.00 | 28,593.00 | 28,593.00 |
| Cash at End of Period | 42,103.00 | 87,483.00 | 46,486.00 | 108,811.00 | 74,430.00 | 50,882.00 | 49,212.00 | 64,437.00 | 45,570.00 | 49,188.00 | 43,061.00 | 40,876.00 | 71,097.00 | 285,013.00 | 303,712.00 | 125,026.00 | 90,470.00 | 102,259.00 | 40,053.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |