Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -1.61 -1.87 -0.84 -16.87
Price to Sales 0.41 0.34 0.58 85.35
Book Value Per Common Share 2.86 0.66 1.04 1.83
Price to Book 0.43 1.59 0.98 4.24
Price to Operating Cash Flow 20.50 -26.35 -3.96 -32.02
Price to Free Cash Flow -13.62 -4.93 -2.48 -12.53
Enterprise Value to EBITDA
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Price to Earnings -2.67 -3.57 -25.67 -16.67 -11.29 -7.29
Price to Sales 1.27 0.87 1.22 2.96 3.46 1.30 1.13
Book Value Per Common Share 2.09 2.51 2.86 0.50 0.52 0.60 0.77
Price to Book 0.38 0.30 0.43 3.08 3.87 1.32 1.33
Price to Operating Cash Flow -5.28 30.89 -56.20 55.71 -11.40
Price to Free Cash Flow -5.28 -96.06 -7.30
Enterprise Value to EBITDA 581350.47

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY 51.40 111.06 2482.37
EBITDA YoY
Net Profit YoY
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Earning YoY
Revenue YoY -22.07 -10.44 161.95 -1.64 1.00 -1.79
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.04 0.06 0.30 0.31
Quick Ratio 0.07 0.10 0.65 0.51
Current Ratio 0.11 0.13 0.71 0.71
Debt to Equity 1.09 3.13 1.82 0.73
Long-Term Debt to Equity 0.11 0.81 1.34 0.47
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Cash Per Common Share 0.02 0.02 0.03 0.02 0.00 0.03 0.06
Quick Ratio 0.18 0.11 0.07 0.03 0.08 0.11 0.19
Current Ratio 0.22 0.22 0.11 0.10 0.13 0.16 0.27
Debt to Equity 1.49 1.28 1.09 3.33 3.90 3.67 2.18
Long-Term Debt to Equity 0.10 0.11 0.11 0.52 0.99 0.92 1.10

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -9.56 -15.07 -25.46 -11.57
ROE -20.02 -62.30 -71.83 -20.06
Gross Margin 11.38 8.46 10.20 3.47
Operating Margin -23.84 -11.32 -82.42 -717.03
EBITDA Margin -11.19 -4.69 -71.91 -582.66
Net Profit Margin -25.66 -18.10 -69.16 -507.74
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
ROA -5.72 -0.01 -6.70 -2.33 -4.50 -2.53 -3.31
ROE -14.27 -0.03 -14.04 -10.08 -22.04 -11.81 -10.53
Gross Margin 15.74 46.48 15.14 10.85 6.86 6.67 9.48
Operating Margin -27.83 -57.50 -38.43 -6.90 -17.43 -9.15 -13.09
EBITDA Margin -4.22 -41.88 -18.53 5.60 -10.80 -2.85
Net Profit Margin -48.07 -0.08 -38.76 -10.61 -20.47 -11.75 -15.43

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 241,040.68 71,235.74 76,342.50 47,744.25
   Current Assets 11,974.50 5,110.64 9,178.25 5,157.74
      Cash and Short-Term Investments 1,312.12 1,240.13 4,835.55 3,724.94
            Cash and Cash Equivalents 651.02 744.31 3,182.79 1,493.72
            Short-Term Investments 661.10 495.83 1,652.75 2,231.22
      Net Receivables 6,226.09 2,632.81 3,563.71 0.84
      Inventory 205.53 44.63 47.18 1,358.71
      Other Current Assets 4,230.76 1,193.06 731.82 73.25
   Non-Current Assets 229,066.18 66,125.10 67,164.25 42,586.51
      Property, Plant, Equipment Net 104,959.82 25,834.19 24,458.93 25,355.40
      Goodwill 68,885.85 14,984.77 12,678.11 0
      Intangible Assets 51,369.72 25,088.98 30,023.21 16,032.87
      Long-Term Investments 0 4.00 4.00 4.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 213.17 0.00 1,194.23
Liabilities 125,922.04 53,998.55 49,281.44 20,191.11
   Current Liabilities 113,503.22 39,984.47 12,943.49 7,242.84
      Payables and Expenses 35,171.14 9,405.16 7,364.71 1,848.98
            Account Payables 28,429.75 7,159.89 5,022.30 1,450.53
            Current Accrued Liabilities 5,903.92 1,575.53 1,817.89 0
      Short-Term Debt 67,975.68 19,503.94 4,254.96 5,218.85
      Other Current Liabilities 10,356.40 11,075.36 1,323.83 175.00
   Non-Current Liabilities 12,418.82 14,014.09 36,337.95 12,948.28
      Long-Term Debt 12,264.44 13,925.76 36,337.95 7,791.38
      Other Non-Current Liabilities 154.38 88.32 0.00 5,156.90
Equity 115,118.64 17,237.19 27,061.06 27,553.13
   Shareholders Equity 119,237.93 17,195.37 18,854.45 22,540.63
      Capital Stock 41.82 26.22 18.07 12.40
      Share Premium 208,167.54 83,097.55 74,026.16 58,279.59
      Retained Earnings -88,951.43 -65,908.41 -55,169.78 -35,731.36
      Treasury Shares 20.00 20.00 20.00 20.00
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest -4,119.28 41.82 8,206.61 5,012.50
Debt 80,240.12 33,429.71 40,592.90 13,010.23
Net Debt 65,359.60 28,239.50 32,217.78 10,794.63
Common Shares Outstanding 41,709.19 26,220.51 18,064.84 12,330.86
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 89,811.24 59,321.75 28,107.22 1,088.43
Cost Of Revenue 79,592.04 54,300.79 25,239.96 1,050.68
Interest Income 60.36 14.95 23.73 3.31
Interest Expense 4,816.69 4,025.08 1,519.28 501.60
Non-Interest Expense 12,221.30 7,419.88 10,356.75 5,501.18
Gross Profit 10,219.20 5,020.96 2,867.26 37.75
Operating Expenses 23,581.72 11,352.62 13,310.38 6,963.67
   Selling, General and Administrative Expenses 12,221.30 7,419.88 10,356.75 5,501.18
Operating Income -13,362.52 -6,331.66 -10,443.12 -6,925.92
Net Non-Operating Income 127.54 318.04 131.21 125.30
EBT -26,224.06 -10,742.57 -24,684.31 -8,305.91
Income Tax 126.87 92.70 -4,436.69 -1,050.21
Net Income Including Non-Controlling Interests -26,350.92 -10,835.27 -20,247.62 -7,255.71
Net Income Non-Controlling Interests 4,161.10 96.65 809.20 1,771.54
Net Income -23,043.02 -10,738.62 -19,438.42 -5,526.37
EBIT -21,407.36 -6,717.49 -23,165.03 -7,804.31
Deprecation and Amortization 11,360.42 3,932.74 2,953.63 1,462.49
EBITDA -10,046.94 -2,784.75 -20,211.40 -6,341.82
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 30,456.97 19,261.14 15,985.10 11,976.12
Average Shares Outstanding Diluted 30,456.97 19,261.14 15,985.10 11,976.12
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 1,810.83 -764.90 -4,143.30 -2,901.70
   Operating Net Income -26,350.92 -10,835.27 -20,247.62 -7,255.71
   Deprecation and Amortization 11,360.42 3,932.74 2,953.63 1,462.49
   Deferred Income Tax 66.06 88.32 -4,437.49 -1,051.01
   Share Based Compensation 2,571.96 1,597.88 2,606.70 446.11
   Change in Working Capital 5,873.36 3,815.22 762.18 557.11
   Other Operating Activities 8,289.95 636.20 14,219.30 2,939.30
Investing Cash Flow 302.19 -3,712.84 -2,332.76 -4,514.64
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -4,539.88 -3,320.92 -2,485.18 -4,236.28
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 -181.06 0 0
   Other Investing Activities 4,842.07 -210.86 152.42 0
Financing Cash Flow 819.67 2,039.26 8,165.12 8,511.15
   Net Issuance/Repayment of Debt -605.33 2,039.26 2,786.82 8,566.20
   Net Issuance/Repurchase of Equity 1,425.00 0 6,240.00 0
   Dividends Paid 0 0 0 0
   Other Financing Activities 0.00 0.00 -861.69 -55.05
Net Change in Cash 2,932.68 -2,438.49 1,689.07 1,094.82
   Cash at Beginning of Period 744.31 3,182.79 1,493.72 398.90
   Cash at End of Period 3,676.99 744.31 3,182.79 1,493.72
Free Cash Flow -2,729.05 -4,085.82 -6,634.47 -7,416.34
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Assets 244,539.41 248,206.91 241,040.68 72,543.71 73,679.69 74,433.68 76,115.25
   Current Assets 30,638.39 28,536.45 11,974.50 4,661.08 5,753.65 6,822.74 7,046.48
      Cash and Short-Term Investments 930.24 765.37 1,312.12 687.17 94.97 767.27 1,018.04
            Cash and Cash Equivalents 413.75 765.37 651.02 687.17 94.97 767.27 1,018.04
            Short-Term Investments 516.49 0 661.10 0 0 0 0
      Net Receivables 23,535.81 12,933.78 6,226.09 691.89 3,372.68 4,026.08 3,831.93
      Inventory 132.32 132.32 205.53 184.88 75.17 57.78 63.68
      Other Current Assets 6,040.02 14,704.98 4,230.76 3,097.13 2,210.83 1,971.61 2,132.83
   Non-Current Assets 213,901.02 219,670.46 229,066.18 67,882.63 67,926.04 67,610.94 69,068.77
      Property, Plant, Equipment Net 92,359.38 97,110.83 104,959.82 29,632.02 28,995.33 28,000.13 28,314.74
      Goodwill 68,885.85 68,885.85 68,885.85 14,984.77 14,984.77 14,984.77 14,984.77
      Intangible Assets 48,536.05 0 51,369.72 33,287.35 33,287.35 33,287.35 33,287.35
      Long-Term Investments 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0
      Other Non-Current Assets 0 53,673.78 0 -10,021.51 -9,341.41 -8,661.30 -7,518.09
Liabilities 146,496.23 139,439.66 125,922.04 55,804.14 58,646.12 58,493.75 52,212.86
   Current Liabilities 136,429.75 127,561.76 113,503.22 47,130.15 43,720.50 43,771.43 26,030.62
      Payables and Expenses 50,104.00 43,629.49 35,171.14 19,635.18 18,307.01 16,957.37 6,093.01
            Account Payables 47,725.31 41,774.34 28,429.75 8,070.84 6,702.09 5,442.67 3,749.92
            Current Accrued Liabilities 1,541.21 0 5,903.92 0 0 0 0
      Short-Term Debt 75,926.30 49,314.62 67,975.68 4,131.61 4,596.17 5,756.66 2,037.13
      Other Current Liabilities 10,399.44 34,617.65 10,356.40 23,363.37 20,817.32 21,057.40 17,900.48
   Non-Current Liabilities 10,066.48 11,877.90 12,418.82 8,673.98 14,925.62 14,722.33 26,182.24
      Long-Term Debt 9,912.10 11,873.31 12,264.44 8,553.91 9,215.54 9,044.00 9,499.66
      Other Non-Current Liabilities 154.38 4.59 154.38 120.08 5,710.08 5,678.33 16,682.57
Equity 98,043.18 108,767.25 115,118.64 16,739.58 15,033.57 15,939.93 23,902.39
   Shareholders Equity 102,168.99 112,893.05 119,237.93 16,798.35 15,040.29 15,926.42 13,905.79
      Capital Stock 48.93 45.11 41.82 33.64 29.14 26.52 18.22
      Share Premium 214,200.15 210,935.25 208,167.54 89,576.50 86,134.79 83,710.54 75,973.99
      Retained Earnings -112,060.10 -98,067.30 -88,951.43 -72,791.79 -71,103.64 -67,790.64 -62,066.42
      Treasury Shares 20.00 0 20.00 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0
   Minority Interest -4,125.80 -4,125.80 -4,119.28 -58.77 -6.73 13.51 9,996.60
Investments 0 3,473.48 0 4.00 4.00 4.00 4.00
Debt 85,838.41 61,187.94 80,240.12 12,685.51 13,811.70 14,800.66 11,536.79
Net Debt 73,645.93 60,422.57 65,359.60 11,998.34 13,716.74 14,033.39 10,518.75
Common Shares Outstanding 48,826.00 45,003.52 41,709.19 33,638.27 29,135.55 26,520.51 0
Preferred Shares Outstanding 0 107.79 0 0 0 0 0
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30
Revenues 29,099.45 37,340.29 41,692.30 15,916.42 16,181.12 16,021.39 16,313.41
Cost Of Revenue 24,519.78 19,985.08 35,378.40 14,190.07 15,070.31 14,953.25 14,766.49
Interest Income 17.83 0 53.44 0 0 0 0
Interest Expense 4,436.83 1,131.08 3,251.46 641.24 479.95 444.04 516.36
Non-Interest Expense 4,485.47 0 4,950.44 0 0 0 0
Gross Profit 4,579.67 17,355.22 6,313.90 1,726.35 1,110.81 1,068.14 1,546.91
Operating Expenses 11,356.42 36,682.66 13,248.45 3,684.72 3,963.23 2,685.06 2,292.03
   Selling, General and Administrative Expenses 4,485.47 16,107.94 4,950.44 2,620.04 2,974.81 1,676.01 1,474.97
   Other Operating Expenses 0 20,574.72 0 1,064.67 988.42 1,009.05 817.06
Operating Income -6,776.75 -19,327.44 -6,934.55 -1,958.37 -2,852.41 -1,616.92 -745.11
Net Non-Operating Income 12.54 -3,274.01 12.54 218.17 -447.64 -292.82 -1,906.78
EBT -12,536.37 -22,601.45 -19,274.06 -1,740.20 -3,300.05 -1,909.74 -2,651.89
Income Tax 0 0.00 92.89 0.00 33.18 0.80 0.00
Net Income Including Non-Controlling Interests -12,536.37 -15,067.63 -19,366.95 -3,480.39 -6,666.48 -3,821.09 -5,303.78
Net Income Non-Controlling Interests 0 15,037.14 4,060.51 1,792.24 3,353.48 1,938.85 2,786.41
Net Income -13,988.99 -30.49 -16,159.64 -1,688.15 -3,313.00 -1,882.23 -2,517.37
EBIT -8,099.54 -21,470.37 -16,022.60 -1,098.95 -2,820.11 -1,465.70 -2,135.53
Deprecation and Amortization 6,870.95 5,831.60 8,298.01 1,990.05 1,072.36 1,009.05 0
EBITDA -1,228.59 -15,638.77 -7,724.59 891.10 -1,747.74 -456.65 0
EPS -0.00 -0.00 0 -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 0 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 46,049.76 43,076.85 0 30,625.76 27,987.90 26,391.94 18,120.34
Average Shares Outstanding Diluted 46,049.76 43,076.85 0 30,625.76 0 0 0
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Operating Cash Flow -6,980.30 -0.04 1,645.47 -839.01 1,004.37 -1,829.68
   Operating Net Income -12,536.33 -7,533.82 -19,366.95 0.00 0.00 0
   Deprecation and Amortization 6,870.95 5,831.60 8,298.01 1,990.05 1,072.36 1,009.05
   Deferred Income Tax 0 0 34.30 31.75 0.00 0
   Share Based Compensation 351.66 501.42 945.55 816.34 810.07 327.99
   Change in Working Capital -3,019.74 484.42 2,523.32 761.52 2,363.69 -1,251.14
   Other Operating Activities 0 716.34 9,211.24 -4,438.67 -3,241.75 -1,915.58
Investing Cash Flow 378.00 1,482.00 2,665.09 -1,214.98 -1,147.91 -1,028.88
   Capital Expenditure 0 0.00 0 0.00 0.00 -1,028.88
   Net Purchase/Sale of PPE 378.00 0 -2,176.98 -1,214.98 -1,147.91 -1,028.88
   Net Purchase/Sale of Investments Net 0 0 0 0.00 0.00 0
   Net Purchase/Sale of Business 0 0 0 0.00 0.00 0
   Net Loan & Lease Activity 0 0 0 0
   Other Investing Activities 0.00 1,482.00 4,842.07 0.00 0.00 1,028.88
Financing Cash Flow 5,478.67 -370.17 -1,320.73 2,669.16 -528.75 2,881.53
   Net Issuance/Repayment of Debt 5,478.67 109.95 -1,320.73 2,272.69 -346.84 3,002.19
   Net Issuance/Repurchase of Equity 0 0 0 1,425.00 0.00 0
   Dividends Paid 0 0 0 0.00 0.00 0
   Other Financing Activities 0 -480.12 0.00 -1,028.53 -181.91 -120.66
Net Change in Cash -1,123.63 1,111.79 2,989.82 615.17 -672.30 22.97
   Cash at Beginning of Period 4,788.78 3,676.99 687.17 0 0 744.31
   Cash at End of Period 3,665.16 0 3,676.99 0 0 0
Free Cash Flow -6,980.30 0 -531.52 0.00 0.00 -2,858.56