Valuation Ratios

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Price to Earnings
Price to Sales
Book Value Per Common Share 5.53 4.29 21.10 41.62
Price to Book
Price to Operating Cash Flow
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 2021-12-31 2021-09-30
Price to Earnings -2.98 -1.29
Price to Sales 272.90 99.32
Book Value Per Common Share 2.71 3.67 5.53 0.25 2.87 3.59 3.93
Price to Book 1.08 0.40
Price to Operating Cash Flow -0.93
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Earning YoY
Revenue YoY 32.11 -70.54 -75.33
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2021-12-31 2021-09-30
Earning YoY
Revenue YoY -24.32 -27.45 112.50 -20.00
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Cash Per Common Share 7.73 3.81 22.05 39.54
Quick Ratio 3.04 1.58 4.40
Current Ratio 3.25 2.12 4.64 21.35
Debt to Equity 0.40 0.76 0.33 0.10
Long-Term Debt to Equity 0.04 0.25 0.09 0.06
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2021-12-31 2021-09-30
Cash Per Common Share 2.56 3.62 5.96 0.77 2.12 3.48 3.88
Quick Ratio 2.74 4.24 3.04 0.40 1.33
Current Ratio 3.10 4.52 3.25 0.72 1.98 15.54 20.48
Debt to Equity 0.37 0.26 0.40 9.56 0.84 0.12 0.05
Long-Term Debt to Equity 0.02 0.03 0.04 1.49 0.18 0.06 0.00

Profitability

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
ROA -16.98 -231.08 -84.97 -34.38
ROE -23.71 -407.41 -112.59 -37.90
Gross Margin 96.53 100.00
Operating Margin -1719.44 -13457.80 -4792.16 -765.27
EBITDA Margin -1534.72 -13200.92 -4712.97 -755.80
Net Profit Margin -1727.78 -13459.63 -4664.59 -763.20
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2021-12-31 2021-09-30
ROA -26.28 -23.74 46.77 -89.67 -37.74 -9.97 -9.77
ROE -36.02 -29.81 65.31 -946.98 -69.27 -11.18 -10.25
Gross Margin 100.00 91.67 96.67
Operating Margin -9082.14 -7672.97 13445.10 -14341.67 -8693.33
EBITDA Margin -7205.41 13564.71 -14062.50 -8466.67
Net Profit Margin -9089.29 -7683.78 13435.29 -14362.50 -8496.67

Dividends

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

Financial Statements

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets 14,650.00 6,349.00 20,313.00 33,296.00
   Current Assets 12,131.00 3,936.00 17,048.00 29,533.00
      Cash and Short-Term Investments 11,312.00 2,901.00 16,007.00 28,675.00
            Cash and Cash Equivalents 11,312.00 2,901.00 15,301.00 28,675.00
            Short-Term Investments 0 0 706.00 0
      Net Receivables 30.00 33.00 152.00 0
      Inventory 0 297.00 0 0
      Other Current Assets 789.00 705.00 889.00 0
   Non-Current Assets 2,519.00 2,413.00 3,265.00 3,763.00
      Property, Plant, Equipment Net 1,286.00 1,968.00 2,607.00 2,815.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 1,233.00 445.00 658.00 948.00
Liabilities 4,158.00 2,748.00 4,984.00 3,087.00
   Current Liabilities 3,737.00 1,860.00 3,671.00 1,383.00
      Payables and Expenses 2,218.00 818.00 2,570.00 470.00
            Account Payables 1,644.00 627.00 331.00 415.00
            Current Accrued Liabilities 574.00 191.00 2,239.00 55.00
      Short-Term Debt 521.00 506.00 492.00 479.00
      Other Current Liabilities 998.00 536.00 609.00 434.00
   Non-Current Liabilities 421.00 888.00 1,313.00 1,704.00
      Long-Term Debt 421.00 888.00 1,313.00 1,704.00
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00
Equity 10,492.00 3,601.00 15,329.00 30,209.00
   Shareholders Equity 10,492.00 3,601.00 15,329.00 30,209.00
      Capital Stock 2.00 1.00 9.00 9.00
      Share Premium 352,648.00 343,270.00 340,317.00 337,940.00
      Retained Earnings -342,157.00 -339,669.00 -324,998.00 -307,739.00
      Treasury Shares 1.00 1.00 1.00 1.00
      Accumulated Other Comprehensive Income 0 0 2.00 0
   Minority Interest 0 0 0 0
Debt 942.00 1,394.00 1,805.00 2,183.00
Common Shares Outstanding 1,898.07 839.81 726.41 725.88
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Revenues 144.00 109.00 370.00 1,500.00
Cost Of Revenue 5.00 0 0 0
Interest Income 140.00 405.00 454.00 8.00
Interest Expense 10.00 0 0 0
Non-Interest Expense 7,691.00 9,644.00 9,088.00 9,631.00
Gross Profit 139.00 109.00 0 0
Operating Expenses 12,755.00 15,195.00 18,101.00 12,979.00
   Selling, General and Administrative Expenses 7,691.00 9,644.00 9,088.00 9,631.00
   Research and Development Expenses 5,025.00 5,498.00 8,885.00 3,320.00
Operating Income -12,616.00 -15,086.00 -17,731.00 -11,479.00
Net Non-Operating Income 0 0 0 25.00
EBT -2,486.00 -14,669.00 -17,257.00 -11,446.00
Income Tax 2.00 2.00 2.00 2.00
Net Income Including Non-Controlling Interests -2,488.00 -14,671.00 -17,259.00 -11,448.00
Net Income -2,488.00 -14,671.00 -17,259.00 -11,448.00
EBIT -2,476.00 -14,669.00 -17,731.00 -11,479.00
Deprecation and Amortization 266.00 280.00 293.00 142.00
EBITDA -2,210.00 -14,389.00 -17,438.00 -11,337.00
EPS -0.00 -0.02 -0.02 -0.02
Diluted EPS -0.00 -0.02 -0.02 -0.02
Average Shares Outstanding Basic 1,463.61 762.08 726.09 725.30
Average Shares Outstanding Diluted 1,463.61 762.08 726.09 725.30
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow -9,461.00 -14,653.00 -12,408.00 -8,453.00
   Operating Net Income -2,488.00 -14,671.00 -17,259.00 -11,448.00
   Deprecation and Amortization 266.00 280.00 293.00 142.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 532.00 1,508.00 2,377.00 2,256.00
   Change in Working Capital 1,037.00 -2,022.00 2,306.00 597.00
   Other Operating Activities -8,808.00 252.00 -125.00 0.00
Investing Cash Flow 9,025.00 816.00 -966.00 -409.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE 8,987.00 -42.00 -396.00 -409.00
   Net Purchase/Sale of Investments Net 38.00 858.00 -570.00 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0.00 0.00 0.00 0.00
Financing Cash Flow 8,847.00 1,437.00 0 205.00
   Net Issuance/Repayment of Debt 0 0 0 0
   Net Issuance/Repurchase of Equity 8,847.00 1,437.00 0 251.00
   Dividends Paid 0 0 0 0
   Other Financing Activities 0.00 0.00 0 -46.00
Net Change in Cash 8,411.00 -12,400.00 -13,374.00 -8,657.00
   Cash at Beginning of Period 3,044.00 15,444.00 28,818.00 37,475.00
   Cash at End of Period 11,455.00 3,044.00 15,444.00 28,818.00
Free Cash Flow -9,474.00 -14,695.00 -12,804.00 -8,862.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2021-12-31 2021-09-30
Assets 9,686.00 11,978.00 14,650.00 3,844.00 6,754.00 35,095.00 35,881.00
   Current Assets 7,591.00 9,679.00 12,131.00 2,100.00 4,783.00 31,171.00 34,303.00
      Cash and Short-Term Investments 6,677.00 9,055.00 11,312.00 1,161.00 3,174.00 30,269.00 33,791.00
            Cash and Cash Equivalents 6,677.00 9,055.00 11,312.00 1,161.00 3,174.00 30,269.00 33,791.00
            Short-Term Investments 0 0 0 0 0 0 0
      Net Receivables 32.00 32.00 30.00 26.00 29.00 0 0
      Inventory 0 0 0 0 640.00 0 0
      Other Current Assets 882.00 592.00 789.00 913.00 940.00 902.00 512.00
   Non-Current Assets 2,095.00 2,299.00 2,519.00 1,744.00 1,971.00 3,924.00 1,578.00
      Property, Plant, Equipment Net 941.00 1,114.00 1,286.00 1,457.00 1,631.00 2,921.00 552.00
      Goodwill 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0
      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 1,154.00 1,185.00 1,233.00 287.00 340.00 1,003.00 1,026.00
Liabilities 2,621.00 2,440.00 4,158.00 3,480.00 3,074.00 3,802.00 1,675.00
   Current Liabilities 2,449.00 2,142.00 3,737.00 2,937.00 2,414.00 2,006.00 1,675.00
      Payables and Expenses 1,351.00 1,400.00 2,218.00 1,615.00 942.00 1,531.00 1,675.00
            Account Payables 580.00 673.00 1,644.00 930.00 419.00 605.00 958.00
            Current Accrued Liabilities 771.00 727.00 574.00 685.00 523.00 926.00 717.00
      Short-Term Debt 528.00 524.00 521.00 517.00 513.00 475.00 0
      Other Current Liabilities 570.00 218.00 998.00 805.00 959.00 0.00 0.00
   Non-Current Liabilities 172.00 298.00 421.00 543.00 660.00 1,796.00 0.00
      Long-Term Debt 172.00 298.00 421.00 543.00 660.00 1,796.00 0
      Other Non-Current Liabilities 0.00 0.00 0.00 0.00 0.00 0.00 0
Equity 7,065.00 9,538.00 10,492.00 364.00 3,680.00 31,293.00 34,206.00
   Shareholders Equity 7,065.00 9,538.00 10,492.00 364.00 3,680.00 31,293.00 34,206.00
      Capital Stock 3.00 3.00 2.00 17.00 15.00 9.00 9.00
      Share Premium 354,607.00 354,535.00 352,648.00 349,357.00 349,227.00 337,113.00 336,526.00
      Retained Earnings -347,545.00 -345,000.00 -342,157.00 -349,009.00 -345,562.00 -305,828.00 -302,328.00
      Treasury Shares 0 0 1.00 1.00 1.00 -1.00 -1.00
      Accumulated Other Comprehensive Income 0 0 0 0 1.00 0 0
   Minority Interest 0 0 0 0 0 0 0
Debt 700.00 822.00 942.00 1,060.00 1,173.00 2,271.00 0
Common Shares Outstanding 2,607.96 2,599.80 1,898.07 1,427.78 1,280.48 8,705.55 8,705.45
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2021-12-31 2021-09-30
Revenues 28.00 37.00 51.00 24.00 30.00 0 0 0
Cost Of Revenue 0 0 0 2.00 1.00 0 0 0
Interest Income 0 80.00 11.00 26.00 59.00 0 0 0
Interest Expense 0.00 4.00 5.00 5.00 0 0 0.00 0.00
Net Interest 92.00 76.00 0 0 0 0 2.00 2.00
Non-Interest Expense 0 0 2,342.00 1,699.00 1,641.00 0 0 0
Gross Profit 0 0 51.00 22.00 29.00 0 0 0
Operating Expenses 0 0 3,205.00 3,490.00 2,637.00 0 3,500.00 3,507.00
   Selling, General and Administrative Expenses 3,417.00 3,832.00 2,342.00 1,699.00 1,641.00 0 2,574.00 2,828.00
   Research and Development Expenses 1,778.00 1,933.00 859.00 1,780.00 984.00 0 926.00 679.00
   Other Operating Expenses 0 0 0 0 0 0 0.00 0.00
Operating Income -2,635.00 -2,915.00 -3,154.00 -3,468.00 -2,608.00 0 -3,500.00 -3,507.00
Net Non-Operating Income 92.00 72.00 0 0 0 0 2.00 2.00
EBT -2,543.00 -2,843.00 6,852.00 -3,447.00 -2,549.00 0 -3,498.00 -3,505.00
Income Tax 2.00 0.00 0 0 0 0 2.00 0.00
Net Income Including Non-Controlling Interests -2,545.00 -2,843.00 6,852.00 -3,447.00 -2,549.00 0 -3,500.00 -3,505.00
Net Income Non-Controlling Interests 0.00 0.00 0 0 0 0 0.00 0.00
Net Income -2,545.00 -2,843.00 6,852.00 -3,447.00 -2,549.00 0 -3,500.00 -3,505.00
EBIT -2,543.00 -2,839.00 6,857.00 -3,442.00 -2,608.00 0 -3,498.00 -3,505.00
Deprecation and Amortization 0.00 173.00 61.00 67.00 68.00 0 0.00 0.00
EBITDA 0 -2,666.00 6,918.00 -3,375.00 -2,540.00 0 0 0
EPS -0.00 -0.00 0 -0.00 -0.00 -0.00 0 0
Diluted EPS -0.00 -0.00 0 -0.00 -0.00 -0.00 0 0
Average Shares Outstanding Basic 2,604.95 2,503.70 0 1,504.71 1,499.54 1,221.97 0 0
Average Shares Outstanding Diluted 2,604.95 2,503.70 0 1,504.71 1,499.54 1,221.97 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2021-12-31 2021-09-30
Operating Cash Flow 0 -3,940.00 -2,035.00 -1,801.00 -2,642.00 0 0
   Operating Net Income -2,545.00 -2,843.00 6,852.00 -3,447.00 -2,549.00 -3,500.00 -3,505.00
   Deprecation and Amortization 0 173.00 61.00 67.00 68.00 0 0
   Deferred Income Tax 0 0 0 0 0 0 0
   Share Based Compensation 0 0 91.00 130.00 155.00 0 0
   Change in Working Capital 0 -1,224.00 530.00 815.00 -360.00 0 0
   Other Operating Activities 0 -46.00 -9,569.00 634.00 44.00 0 0
Investing Cash Flow 0 0 9,001.00 4.00 0 0 0
   Capital Expenditure 0.00 0.00 0 0 0 0.00 0.00
   Net Purchase/Sale of PPE 0 0 9,000.00 0 -13.00 0 0
   Net Purchase/Sale of Investments Net 0 0 1.00 4.00 13.00 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0.00 0.00 0 0 0
Financing Cash Flow 0 1,683.00 3,185.00 -216.00 -371.00 0 0
   Net Issuance/Repayment of Debt 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 1,800.00 1,811.00 3,185.00 -216.00 -371.00 0 0
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities 0 -128.00 0.00 0.00 0.00 0 0
Net Change in Cash 0 -2,257.00 10,151.00 -2,013.00 -3,013.00 0 0
   Cash at Beginning of Period 0 11,455.00 1,304.00 3,317.00 6,330.00 0 0
   Cash at End of Period 6,820.00 9,198.00 11,455.00 1,304.00 3,317.00 30,412.00 33,902.00
Free Cash Flow 0 0 -2,035.00 -1,801.00 -2,655.00 0 0