Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 14.29 5.21 4.37 33.09 -16.16
Price to Sales 0.30 0.32 0.28 0.27 0.35
Book Value Per Common Share 76.12 74.63 59.65 40.33 40.03
Price to Book 1.61 1.74 2.13 1.86 1.41
Price to Operating Cash Flow 5.91 4.97 3.99 5.22 24.29
Price to Free Cash Flow
Enterprise Value to EBITDA 55139.84 30421.41 27893.40 68822.14 260170.61
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Price to Earnings 43.77 363.30 -69.51 17.63 24.23 45.52 6.68 8.53 16.82 5.10 7.73 45.95 -352.85 -58.27 -41.39
Price to Sales 0.57 0.70 1.37 0.44 0.77 1.78 0.47 0.60 1.41 0.32 0.48 1.07 0.37 0.65 1.40
Book Value Per Common Share 76.38 76.93 74.81 77.94 77.81 78.72 72.35 71.21 67.69 44.80 44.63 41.18 36.36 38.02 38.01
Price to Book 2.23 1.75 1.77 1.73 2.01 2.17 1.96 1.65 2.06 2.39 2.38 2.47 1.94 2.05 1.88
Price to Operating Cash Flow 14.05 22.28 43.56 7.79 11.87 30.61 6.37 9.09 16.25 5.04 6.71 70.46 8.44 16.25 -560.25
Price to Free Cash Flow
Enterprise Value to EBITDA 124915.15 232711.06 74506.76 112488.74 224380.78 40144.04 50897.19 106608.25 32082.84 48901.23 210301.51 113889.92 274910.32

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -65.58 -14.18 1179.74
Revenue YoY -10.28 -17.93 54.75 75.59
EBITDA YoY -52.54 -16.03 304.43 401.92
Net Profit YoY -68.65 -23.36 1139.57
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Earning YoY 951.35 18.39 72.53 54.33 65.66 52.29 522.17 368233.33
Revenue YoY 53.48 98.78 49.62 108.60 54.13 94.70 49.29 133.99 60.80 133.37
EBITDA YoY 134.46 28.86 80.98 51.48 73.14 50.97 347.92 144.11 118.17
Net Profit YoY 920.17 17.13 70.68 52.32 63.38 50.32 518.56 -59.87

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 16.79 16.84 13.06 10.30 8.93
Quick Ratio 0.99 0.94 0.84 0.76 0.91
Current Ratio 1.46 1.33 1.19 1.11 1.48
Debt to Equity -0.23 -0.24 -0.17 0.00 -0.11
Long-Term Debt to Equity -0.44 -0.47 -0.44 -0.33 -0.29
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
Cash Per Common Share 16.41 15.70 15.94 17.35 18.59 16.09 17.48 15.88 15.60 11.12 14.19 7.24 9.46 9.82 6.57
Quick Ratio 1.00 1.03 1.02 1.00 0.97 0.99 0.93 0.96 0.87 0.82 0.83 0.72 0.76 0.82 0.84
Current Ratio 1.52 1.54 1.48 1.43 1.37 1.45 1.31 1.36 1.31 1.16 1.13 1.05 1.15 1.21 1.26
Debt to Equity -0.23 -0.23 -0.21 -0.25 -0.21 -0.24 -0.22 -0.25 -0.23 -0.14 -0.03 0.01 0.00 0.01 -0.03
Long-Term Debt to Equity -0.44 -0.43 -0.42 -0.46 -0.46 -0.46 -0.47 -0.47 -0.46 -0.43 -0.40 -0.36 -0.30 -0.28 -0.28

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 4.61 14.01 18.90 1.61 -2.74
ROE 3.54 10.71 15.76 1.60 -2.45
Gross Margin -290.31 -269.15 -265.71 -295.81 -3.21
Operating Margin 3.38 8.55 8.78 1.79 -2.26
EBITDA Margin 5.51 10.42 10.19 3.90 1.36
Net Profit Margin 2.13 6.10 6.54 0.82 -2.19
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31
ROA 2.07 0.20 -1.01 4.12 3.34 1.99 12.08 8.26 5.10 14.18 8.70 1.50 -0.14 -0.98 -1.31
ROE 1.59 0.15 -0.79 3.09 2.63 1.51 9.45 6.20 3.94 12.14 8.43 1.52 -0.14 -0.98 -1.27
Gross Margin -291.42 -294.82 -299.37 -288.11 -284.20 -280.03 -264.62 -264.09 -257.76 -267.61 -267.63 -287.67 -301.12 -304.81 -314.96
Operating Margin 2.06 0.50 -2.58 3.83 4.78 5.74 9.75 9.92 11.45 8.53 8.45 3.54 0.92 -0.02 -2.98
EBITDA Margin 4.59 3.01 -0.29 5.92 6.88 7.93 11.59 11.79 13.26 9.89 9.78 5.11 3.23 2.38 -0.21
Net Profit Margin 1.32 0.20 -1.97 2.51 3.21 3.92 6.98 7.06 8.42 6.25 6.21 2.35 -0.10 -1.12 -3.38

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 60,143,000.00 63,056,000.00 60,982,000.00 57,888,000.00 51,774,000.00
   Current Assets 23,737,000.00 26,221,000.00 24,133,000.00 21,165,000.00 15,844,000.00
      Cash and Short-Term Investments 5,405,000.00 5,944,000.00 5,160,000.00 4,194,000.00 3,635,000.00
            Cash and Cash Equivalents 5,405,000.00 5,944,000.00 5,160,000.00 4,194,000.00 3,635,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 10,708,000.00 12,525,000.00 11,919,000.00 10,378,000.00 6,109,000.00
      Inventory 7,761,000.00 7,583,000.00 6,752,000.00 6,265,000.00 6,038,000.00
      Other Current Assets -137,000.00 169,000.00 302,000.00 328,000.00 62,000.00
   Non-Current Assets 36,406,000.00 36,835,000.00 36,849,000.00 36,723,000.00 35,930,000.00
      Property, Plant, Equipment Net 39,446,000.00 40,369,000.00 41,182,000.00 38,923,000.00 35,429,000.00
      Goodwill 260,000.00 260,000.00 260,000.00 260,000.00 260,000.00
      Intangible Assets 151,000.00 183,000.00 202,000.00 218,000.00 248,000.00
      Long-Term Investments 695,000.00 713,000.00 724,000.00 734,000.00 972,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets -4,146,000.00 -4,690,000.00 -5,519,000.00 -3,412,000.00 -979,000.00
Liabilities -18,139,000.00 -19,468,000.00 -12,156,000.00 -176,000.00 -6,311,000.00
   Current Liabilities 16,261,000.00 19,688,000.00 20,229,000.00 19,123,000.00 10,719,000.00
      Payables and Expenses 14,752,000.00 15,396,000.00 16,352,000.00 15,587,000.00 8,560,000.00
            Account Payables 13,452,000.00 14,019,000.00 14,296,000.00 13,956,000.00 7,454,000.00
            Current Accrued Liabilities 1,300,000.00 1,377,000.00 2,056,000.00 1,631,000.00 1,106,000.00
      Short-Term Debt 743,000.00 1,406,000.00 1,109,000.00 1,264,000.00 723,000.00
      Other Current Liabilities 766,000.00 2,886,000.00 2,768,000.00 2,272,000.00 1,436,000.00
   Non-Current Liabilities -34,400,000.00 -39,156,000.00 -32,385,000.00 -19,299,000.00 -17,030,000.00
      Long-Term Debt 11,004,000.00 11,456,000.00 11,912,000.00 13,174,000.00 14,006,000.00
      Other Non-Current Liabilities -45,404,000.00 -50,612,000.00 -44,297,000.00 -32,473,000.00 -31,036,000.00
Equity 78,282,000.00 82,524,000.00 73,138,000.00 58,064,000.00 58,085,000.00
   Shareholders Equity 24,512,000.00 26,346,000.00 23,561,000.00 16,414,000.00 16,293,000.00
      Capital Stock 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00
      Share Premium 6,939,000.00 6,901,000.00 6,863,000.00 6,827,000.00 6,814,000.00
      Retained Earnings 47,016,000.00 45,630,000.00 38,247,000.00 28,281,000.00 28,953,000.00
      Treasury Shares 28,178,000.00 25,322,000.00 20,197,000.00 15,677,000.00 15,719,000.00
      Accumulated Other Comprehensive Income -1,272,000.00 -870,000.00 -1,359,000.00 -1,008,000.00 -1,254,000.00
   Minority Interest 3,009,000.00 2,178,000.00 1,907,000.00 1,387,000.00 841,000.00
Investments 695,000.00 713,000.00 724,000.00 734,000.00 972,000.00
Debt 11,747,000.00 12,862,000.00 13,021,000.00 14,438,000.00 14,729,000.00
Net Debt 6,342,000.00 6,918,000.00 7,861,000.00 10,244,000.00 11,094,000.00
Common Shares Outstanding 0 0 0 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 129,881,000.00 144,766,000.00 176,383,000.00 113,977,000.00 64,912,000.00
Cost Of Revenue 506,941,000.00 534,401,000.00 645,042,000.00 451,137,000.00 66,997,000.00
Gross Profit -377,060,000.00 -389,635,000.00 -468,659,000.00 -337,160,000.00 -2,085,000.00
Operating Expenses -380,815,000.00 -401,493,000.00 -484,349,000.00 -339,290,000.00 1,073,000.00
   Selling, General and Administrative Expenses 961,000.00 998,000.00 934,000.00 865,000.00 756,000.00
   Other Operating Expenses -381,776,000.00 -402,491,000.00 -485,283,000.00 -340,155,000.00 317,000.00
Operating Income 3,755,000.00 11,858,000.00 15,690,000.00 2,130,000.00 -3,158,000.00
Net Non-Operating Income 74,000.00 -66,000.00 -760,000.00 -696,000.00 1,129,000.00
Interest Expense 556,000.00 592,000.00 562,000.00 603,000.00 563,000.00
EBT 3,829,000.00 11,792,000.00 14,930,000.00 1,434,000.00 -2,029,000.00
Income Tax 1,401,000.00 5,245,000.00 6,804,000.00 491,000.00 1,814,000.00
Net Income Including Non-Controlling Interests 2,534,000.00 8,521,000.00 11,177,000.00 572,000.00 -1,735,000.00
Net Income Non-Controlling Interests 236,000.00 314,000.00 351,000.00 358,000.00 314,000.00
Net Income 2,770,000.00 8,835,000.00 11,528,000.00 930,000.00 -1,421,000.00
EBIT 4,385,000.00 12,384,000.00 15,492,000.00 2,037,000.00 -1,466,000.00
Deprecation and Amortization 2,774,000.00 2,701,000.00 2,473,000.00 2,405,000.00 2,351,000.00
EBITDA 7,159,000.00 15,085,000.00 17,965,000.00 4,442,000.00 885,000.00
EPS 0.01 0.02 0.03 0.00 -0.00
Diluted EPS 0.01 0.02 0.03 0.00 -0.00
Average Shares Outstanding Basic 322,000.00 353,000.00 395,000.00 407,000.00 407,000.00
Average Shares Outstanding Diluted 322,000.00 353,000.00 396,000.00 407,000.00 407,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 6,683,000.00 9,229,000.00 12,574,000.00 5,859,000.00 948,000.00
   Operating Net Income 9,010,000.00 27,167,000.00 34,636,000.00 3,326,000.00 -3,657,000.00
   Deprecation and Amortization 2,774,000.00 2,701,000.00 2,473,000.00 2,405,000.00 2,351,000.00
   Deferred Income Tax -87,000.00 103,000.00 50,000.00 -126,000.00 158,000.00
   Share Based Compensation 100,000.00 107,000.00 103,000.00 88,000.00 80,000.00
   Change in Working Capital -195,000.00 387,000.00 249,000.00 64,000.00 90,000.00
   Other Operating Activities -4,919,000.00 -21,236,000.00 -24,937,000.00 102,000.00 1,926,000.00
Investing Cash Flow -1,981,000.00 -1,865,000.00 -2,805,000.00 -2,159,000.00 -2,425,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 907,000.00 911,000.00 1,681,000.00 1,665,000.00 1,788,000.00
   Net Purchase/Sale of Investments Net 86,000.00 577,000.00 99,000.00 -38,000.00 -65,000.00
   Net Purchase/Sale of Business 0 0 33,000.00 279,000.00 54,000.00
   Net Loan & Lease Activity 1,000.00 0 0 1,000.00 1,000.00
   Other Investing Activities -2,975,000.00 -3,353,000.00 -4,618,000.00 -4,066,000.00 -4,203,000.00
Financing Cash Flow -5,049,000.00 -6,941,000.00 -8,849,000.00 -2,846,000.00 2,077,000.00
   Net Issuance/Repayment of Debt 14,922,000.00 5,102,000.00 9,116,000.00 4,863,000.00 5,065,000.00
   Net Issuance/Repurchase of Equity 2,875,000.00 5,136,000.00 4,577,000.00 27,000.00 156,000.00
   Dividends Paid 1,566,000.00 1,616,000.00 1,655,000.00 1,604,000.00 1,808,000.00
   Other Financing Activities -24,412,000.00 -18,795,000.00 -24,197,000.00 -9,340,000.00 -4,952,000.00
Net Change in Cash -595,000.00 562,000.00 740,000.00 809,000.00 730,000.00
   Cash at Beginning of Period 5,424,000.00 4,862,000.00 4,122,000.00 3,313,000.00 2,583,000.00
   Cash at End of Period 4,829,000.00 5,424,000.00 4,862,000.00 4,122,000.00 3,313,000.00
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 58,615,000.00 59,433,000.00 59,177,000.00 60,143,000.00 60,382,000.00 63,615,000.00 62,574,000.00 63,056,000.00 63,175,000.00 60,667,000.00 60,177,000.00 60,982,000.00 59,329,000.00 64,345,000.00 60,402,000.00 57,888,000.00 54,691,000.00 55,456,000.00 53,614,000.00 51,774,000.00
   Current Assets 23,504,000.00 23,804,000.00 23,590,000.00 23,737,000.00 23,976,000.00 27,115,000.00 25,674,000.00 26,221,000.00 26,577,000.00 23,695,000.00 23,335,000.00 24,133,000.00 22,696,000.00 27,409,000.00 23,313,000.00 21,165,000.00 18,790,000.00 19,372,000.00 17,591,000.00 15,844,000.00
      Cash and Short-Term Investments 5,102,000.00 4,913,000.00 5,004,000.00 5,405,000.00 5,620,000.00 6,078,000.00 5,327,000.00 5,944,000.00 6,277,000.00 5,763,000.00 5,757,000.00 5,160,000.00 4,449,000.00 5,762,000.00 2,952,000.00 4,194,000.00 3,850,000.00 3,996,000.00 2,674,000.00 3,635,000.00
            Cash and Cash Equivalents 5,102,000.00 4,913,000.00 5,004,000.00 5,405,000.00 5,620,000.00 6,078,000.00 5,327,000.00 5,944,000.00 6,277,000.00 5,763,000.00 5,757,000.00 5,160,000.00 4,449,000.00 5,762,000.00 2,952,000.00 4,194,000.00 3,850,000.00 3,996,000.00 2,674,000.00 3,635,000.00
            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 10,333,000.00 11,073,000.00 11,238,000.00 10,708,000.00 11,073,000.00 13,145,000.00 12,150,000.00 12,525,000.00 12,566,000.00 10,888,000.00 9,688,000.00 11,919,000.00 11,581,000.00 14,439,000.00 13,080,000.00 10,378,000.00 8,627,000.00 9,132,000.00 9,014,000.00 6,109,000.00
      Inventory 7,394,000.00 7,538,000.00 7,119,000.00 7,761,000.00 7,048,000.00 8,028,000.00 7,912,000.00 7,583,000.00 7,513,000.00 6,961,000.00 7,455,000.00 6,752,000.00 6,628,000.00 7,147,000.00 7,174,000.00 6,265,000.00 6,227,000.00 6,103,000.00 5,881,000.00 6,038,000.00
      Other Current Assets 675,000.00 280,000.00 229,000.00 -137,000.00 235,000.00 -136,000.00 285,000.00 169,000.00 221,000.00 83,000.00 435,000.00 302,000.00 38,000.00 61,000.00 107,000.00 328,000.00 86,000.00 141,000.00 22,000.00 62,000.00
   Non-Current Assets 35,111,000.00 35,629,000.00 35,587,000.00 36,406,000.00 36,406,000.00 36,500,000.00 36,900,000.00 36,835,000.00 36,598,000.00 36,972,000.00 36,842,000.00 36,849,000.00 36,633,000.00 36,936,000.00 37,089,000.00 36,723,000.00 35,901,000.00 36,084,000.00 36,023,000.00 35,930,000.00
      Property, Plant, Equipment Net 36,493,000.00 37,096,000.00 37,533,000.00 39,446,000.00 38,763,000.00 38,865,000.00 39,144,000.00 40,369,000.00 39,259,000.00 39,558,000.00 39,804,000.00 41,182,000.00 38,428,000.00 38,354,000.00 38,086,000.00 38,923,000.00 36,198,000.00 35,401,000.00 34,657,000.00 35,429,000.00
      Goodwill 0 0 0 260,000.00 0 0 0 260,000.00 0 0 0 260,000.00 0 0 0 260,000.00 0 0 0 260,000.00
      Intangible Assets 0 0 0 151,000.00 0 0 0 183,000.00 0 0 0 202,000.00 0 0 0 218,000.00 0 0 0 248,000.00
      Long-Term Investments 0 0 0 695,000.00 0 0 0 713,000.00 0 0 0 724,000.00 0 0 0 734,000.00 0 0 0 972,000.00
      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 -1,382,000.00 -1,467,000.00 -1,946,000.00 -4,146,000.00 -2,357,000.00 -2,365,000.00 -2,244,000.00 -4,690,000.00 -2,661,000.00 -2,586,000.00 -2,962,000.00 -5,519,000.00 -1,795,000.00 -1,418,000.00 -997,000.00 -3,412,000.00 -297,000.00 683,000.00 1,366,000.00 -979,000.00
Liabilities -17,923,000.00 -17,986,000.00 -15,834,000.00 -18,139,000.00 -20,041,000.00 -17,156,000.00 -20,076,000.00 -19,468,000.00 -17,589,000.00 -20,201,000.00 -17,729,000.00 -12,156,000.00 -10,013,000.00 -2,090,000.00 761,000.00 -176,000.00 37,000.00 397,000.00 -1,641,000.00 -6,311,000.00
   Current Liabilities 15,433,000.00 15,501,000.00 15,919,000.00 16,261,000.00 16,748,000.00 19,804,000.00 17,657,000.00 19,688,000.00 20,324,000.00 17,412,000.00 17,761,000.00 20,229,000.00 19,501,000.00 24,291,000.00 22,173,000.00 19,123,000.00 16,379,000.00 15,960,000.00 13,919,000.00 10,719,000.00
      Payables and Expenses 13,835,000.00 14,295,000.00 14,601,000.00 14,752,000.00 14,282,000.00 17,323,000.00 15,296,000.00 15,396,000.00 16,258,000.00 13,755,000.00 14,107,000.00 16,352,000.00 16,231,000.00 20,947,000.00 18,490,000.00 15,587,000.00 13,151,000.00 13,170,000.00 11,573,000.00 8,560,000.00
            Account Payables 12,105,000.00 12,950,000.00 13,281,000.00 13,452,000.00 12,916,000.00 16,055,000.00 13,811,000.00 14,019,000.00 14,761,000.00 12,316,000.00 12,072,000.00 14,296,000.00 14,314,000.00 18,242,000.00 16,718,000.00 13,956,000.00 11,368,000.00 11,705,000.00 10,346,000.00 7,454,000.00
            Current Accrued Liabilities 1,730,000.00 1,345,000.00 1,320,000.00 1,300,000.00 1,366,000.00 1,268,000.00 1,485,000.00 1,377,000.00 1,497,000.00 1,439,000.00 2,035,000.00 2,056,000.00 1,917,000.00 2,705,000.00 1,772,000.00 1,631,000.00 1,783,000.00 1,465,000.00 1,227,000.00 1,106,000.00
      Short-Term Debt 894,000.00 382,000.00 542,000.00 743,000.00 1,016,000.00 995,000.00 853,000.00 1,406,000.00 1,334,000.00 1,193,000.00 1,258,000.00 1,109,000.00 1,006,000.00 1,022,000.00 1,295,000.00 1,264,000.00 1,162,000.00 1,044,000.00 734,000.00 723,000.00
      Other Current Liabilities 704,000.00 824,000.00 776,000.00 766,000.00 1,450,000.00 1,486,000.00 1,508,000.00 2,886,000.00 2,732,000.00 2,464,000.00 2,396,000.00 2,768,000.00 2,264,000.00 2,322,000.00 2,388,000.00 2,272,000.00 2,066,000.00 1,746,000.00 1,612,000.00 1,436,000.00
   Non-Current Liabilities -33,356,000.00 -33,487,000.00 -31,753,000.00 -34,400,000.00 -36,789,000.00 -36,960,000.00 -37,733,000.00 -39,156,000.00 -37,913,000.00 -37,613,000.00 -35,490,000.00 -32,385,000.00 -29,514,000.00 -26,381,000.00 -21,412,000.00 -19,299,000.00 -16,342,000.00 -15,563,000.00 -15,560,000.00 -17,030,000.00
      Long-Term Debt 10,931,000.00 11,521,000.00 11,582,000.00 11,004,000.00 11,088,000.00 11,058,000.00 11,368,000.00 11,456,000.00 11,459,000.00 11,490,000.00 11,569,000.00 11,912,000.00 11,080,000.00 12,374,000.00 12,426,000.00 13,174,000.00 13,171,000.00 13,684,000.00 13,980,000.00 14,006,000.00
      Other Non-Current Liabilities -44,287,000.00 -45,008,000.00 -43,335,000.00 -45,404,000.00 -47,877,000.00 -48,018,000.00 -49,101,000.00 -50,612,000.00 -49,372,000.00 -49,103,000.00 -47,059,000.00 -44,297,000.00 -40,594,000.00 -38,755,000.00 -33,838,000.00 -32,473,000.00 -29,513,000.00 -29,247,000.00 -29,540,000.00 -31,036,000.00
Equity 76,538,000.00 77,419,000.00 75,011,000.00 78,282,000.00 80,423,000.00 80,771,000.00 82,650,000.00 82,524,000.00 80,764,000.00 80,868,000.00 77,906,000.00 73,138,000.00 69,342,000.00 66,435,000.00 59,641,000.00 58,064,000.00 54,654,000.00 55,059,000.00 55,255,000.00 58,085,000.00
   Shareholders Equity 23,754,000.00 24,078,000.00 23,490,000.00 24,512,000.00 25,253,000.00 25,443,000.00 26,057,000.00 26,346,000.00 25,975,000.00 25,851,000.00 24,977,000.00 23,561,000.00 17,918,000.00 18,119,000.00 16,803,000.00 16,414,000.00 14,800,000.00 15,473,000.00 15,471,000.00 16,293,000.00
      Capital Stock 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00 7,000.00
      Share Premium 6,972,000.00 6,956,000.00 6,944,000.00 6,939,000.00 6,940,000.00 6,929,000.00 6,916,000.00 6,901,000.00 6,900,000.00 6,889,000.00 6,877,000.00 6,863,000.00 6,858,000.00 6,845,000.00 6,832,000.00 6,827,000.00 6,830,000.00 6,819,000.00 6,810,000.00 6,814,000.00
      Retained Earnings 47,169,000.00 46,425,000.00 46,065,000.00 47,016,000.00 47,074,000.00 47,052,000.00 46,519,000.00 45,630,000.00 44,774,000.00 42,512,000.00 40,935,000.00 38,247,000.00 35,510,000.00 33,079,000.00 28,785,000.00 28,281,000.00 27,673,000.00 27,610,000.00 27,849,000.00 28,953,000.00
      Treasury Shares 29,686,000.00 28,757,000.00 28,417,000.00 28,178,000.00 27,938,000.00 27,373,000.00 26,330,000.00 25,322,000.00 24,381,000.00 22,586,000.00 21,637,000.00 20,197,000.00 18,466,000.00 17,537,000.00 15,794,000.00 15,677,000.00 15,696,000.00 15,696,000.00 15,700,000.00 15,719,000.00
      Accumulated Other Comprehensive Income -708,000.00 -553,000.00 -1,109,000.00 -1,272,000.00 -830,000.00 -1,172,000.00 -1,055,000.00 -870,000.00 -1,325,000.00 -971,000.00 -1,205,000.00 -1,359,000.00 -1,997,000.00 -1,425,000.00 -1,009,000.00 -1,008,000.00 -1,338,000.00 -1,089,000.00 -1,165,000.00 -1,254,000.00
   Minority Interest 2,992,000.00 2,869,000.00 2,825,000.00 3,009,000.00 2,747,000.00 2,807,000.00 2,767,000.00 2,178,000.00 2,082,000.00 2,143,000.00 2,090,000.00 1,907,000.00 1,803,000.00 1,764,000.00 1,589,000.00 1,387,000.00 1,113,000.00 1,053,000.00 926,000.00 841,000.00
Investments 0 0 0 695,000.00 0 0 0 713,000.00 0 0 0 724,000.00 0 0 0 734,000.00 0 0 0 972,000.00
Debt 11,825,000.00 11,903,000.00 12,124,000.00 11,747,000.00 12,104,000.00 12,053,000.00 12,221,000.00 12,862,000.00 12,793,000.00 12,683,000.00 12,827,000.00 13,021,000.00 12,086,000.00 13,396,000.00 13,721,000.00 14,438,000.00 14,333,000.00 14,728,000.00 14,714,000.00 14,729,000.00
Net Debt 6,723,000.00 6,990,000.00 7,120,000.00 6,342,000.00 6,484,000.00 5,975,000.00 6,894,000.00 6,918,000.00 6,516,000.00 6,920,000.00 7,070,000.00 7,861,000.00 7,637,000.00 7,634,000.00 10,769,000.00 10,244,000.00 10,483,000.00 10,732,000.00 12,040,000.00 11,094,000.00
Common Shares Outstanding 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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
Revenues 92,315,000.00 60,147,000.00 30,258,000.00 -67,252,000.00 99,125,000.00 66,249,000.00 31,759,000.00 -71,973,000.00 109,352,000.00 70,948,000.00 36,439,000.00 -86,979,000.00 134,637,000.00 90,183,000.00 38,542,000.00 -33,457,000.00 78,074,000.00 48,554,000.00 20,806,000.00
Cost Of Revenue 361,341,000.00 237,470,000.00 120,840,000.00 -252,995,000.00 384,713,000.00 254,528,000.00 120,695,000.00 -252,988,000.00 398,715,000.00 258,311,000.00 130,363,000.00 -330,853,000.00 494,938,000.00 331,540,000.00 149,417,000.00 -144,920,000.00 313,172,000.00 196,549,000.00 86,336,000.00
Gross Profit -269,026,000.00 -177,323,000.00 -90,582,000.00 185,743,000.00 -285,588,000.00 -188,279,000.00 -88,936,000.00 181,015,000.00 -289,363,000.00 -187,363,000.00 -93,924,000.00 243,874,000.00 -360,301,000.00 -241,357,000.00 -110,875,000.00 111,463,000.00 -235,098,000.00 -147,995,000.00 -65,530,000.00
Operating Expenses -270,632,000.00 -177,420,000.00 -88,782,000.00 189,974,000.00 -288,995,000.00 -191,179,000.00 -90,615,000.00 190,307,000.00 -299,668,000.00 -194,165,000.00 -97,967,000.00 248,566,000.00 -371,696,000.00 -248,960,000.00 -112,259,000.00 108,223,000.00 -235,634,000.00 -147,681,000.00 -64,198,000.00
   Selling, General and Administrative Expenses 727,000.00 481,000.00 261,000.00 -453,000.00 695,000.00 461,000.00 258,000.00 -402,000.00 703,000.00 453,000.00 244,000.00 -361,000.00 652,000.00 438,000.00 205,000.00 -306,000.00 579,000.00 384,000.00 208,000.00
   Other Operating Expenses -271,359,000.00 -177,901,000.00 -89,043,000.00 190,427,000.00 -289,690,000.00 -191,640,000.00 -90,873,000.00 190,709,000.00 -300,371,000.00 -194,618,000.00 -98,211,000.00 248,927,000.00 -372,348,000.00 -249,398,000.00 -112,464,000.00 108,529,000.00 -236,213,000.00 -148,065,000.00 -64,406,000.00
Operating Income 1,606,000.00 97,000.00 -1,800,000.00 -4,231,000.00 3,407,000.00 2,900,000.00 1,679,000.00 -9,292,000.00 10,305,000.00 6,802,000.00 4,043,000.00 -4,692,000.00 11,395,000.00 7,603,000.00 1,384,000.00 3,240,000.00 536,000.00 -314,000.00 -1,332,000.00
Net Non-Operating Income -125,000.00 -72,000.00 883,000.00 116,000.00 -32,000.00 -14,000.00 4,000.00 96,000.00 -86,000.00 -59,000.00 -17,000.00 17,000.00 -338,000.00 -274,000.00 -165,000.00 -991,000.00 -272,000.00 5,000.00 562,000.00
Interest Expense 417,000.00 278,000.00 137,000.00 -285,000.00 421,000.00 280,000.00 140,000.00 -291,000.00 443,000.00 294,000.00 146,000.00 -295,000.00 425,000.00 287,000.00 145,000.00 -296,000.00 451,000.00 299,000.00 149,000.00
EBT 1,481,000.00 25,000.00 -917,000.00 -4,115,000.00 3,375,000.00 2,886,000.00 1,683,000.00 -9,196,000.00 10,219,000.00 6,743,000.00 4,026,000.00 -4,675,000.00 11,057,000.00 7,329,000.00 1,219,000.00 2,249,000.00 264,000.00 -309,000.00 -770,000.00
Income Tax 404,000.00 14,000.00 265,000.00 -308,000.00 726,000.00 630,000.00 353,000.00 602,000.00 2,288,000.00 1,475,000.00 880,000.00 2,548,000.00 2,410,000.00 1,594,000.00 252,000.00 236,000.00 86,000.00 21,000.00 148,000.00
Net Income Including Non-Controlling Interests 1,351,000.00 227,000.00 -538,000.00 -2,949,000.00 2,329,000.00 1,994,000.00 1,160,000.00 -6,556,000.00 7,335,000.00 4,754,000.00 2,988,000.00 -3,310,000.00 8,183,000.00 5,461,000.00 843,000.00 2,448,000.00 -336,000.00 -754,000.00 -786,000.00
Net Income Non-Controlling Interests -137,000.00 -108,000.00 -57,000.00 -140,000.00 160,000.00 131,000.00 85,000.00 -320,000.00 298,000.00 257,000.00 79,000.00 -80,000.00 232,000.00 137,000.00 62,000.00 -193,000.00 257,000.00 212,000.00 82,000.00
Net Income 1,214,000.00 119,000.00 -595,000.00 -3,089,000.00 2,489,000.00 2,125,000.00 1,245,000.00 -6,876,000.00 7,633,000.00 5,011,000.00 3,067,000.00 -3,390,000.00 8,415,000.00 5,598,000.00 905,000.00 2,255,000.00 -79,000.00 -542,000.00 -704,000.00
EBIT 1,898,000.00 303,000.00 -780,000.00 -4,400,000.00 3,796,000.00 3,166,000.00 1,823,000.00 -9,487,000.00 10,662,000.00 7,037,000.00 4,172,000.00 -4,970,000.00 11,482,000.00 7,616,000.00 1,364,000.00 1,953,000.00 715,000.00 -10,000.00 -621,000.00
Deprecation and Amortization 2,341,000.00 1,505,000.00 691,000.00 -1,388,000.00 2,076,000.00 1,391,000.00 695,000.00 -1,299,000.00 2,011,000.00 1,329,000.00 660,000.00 -1,181,000.00 1,840,000.00 1,208,000.00 606,000.00 -1,146,000.00 1,807,000.00 1,166,000.00 578,000.00
EBITDA 4,239,000.00 1,808,000.00 -89,000.00 -5,788,000.00 5,872,000.00 4,557,000.00 2,518,000.00 -10,786,000.00 12,673,000.00 8,366,000.00 4,832,000.00 -6,151,000.00 13,322,000.00 8,824,000.00 1,970,000.00 807,000.00 2,522,000.00 1,156,000.00 -43,000.00
EPS 0.00 0.00 -0.00 -0.00 0.01 0.01 0.00 -0.00 0.02 0.01 0.01 -0.00 0.02 0.01 0.00 0.00 -0.00 -0.00 -0.00
Diluted EPS 0.00 0.00 -0.00 0.00 0.01 0.01 0.00 0.00 0.02 0.01 0.01 0.00 0.02 0.01 0.00 0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 311,000.00 313,000.00 314,000.00 306,000.00 324,000.00 327,000.00 331,000.00 321,000.00 359,000.00 363,000.00 369,000.00 366,000.00 400,000.00 406,000.00 408,000.00 407,000.00 407,000.00 407,000.00 407,000.00
Average Shares Outstanding Diluted 312,000.00 313,000.00 314,000.00 306,000.00 324,000.00 327,000.00 331,000.00 321,000.00 359,000.00 363,000.00 369,000.00 369,000.00 401,000.00 406,000.00 408,000.00 407,000.00 407,000.00 407,000.00 407,000.00
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 3,769,000.00 1,888,000.00 952,000.00 -5,094,000.00 5,613,000.00 4,318,000.00 1,846,000.00 -6,613,000.00 7,990,000.00 4,682,000.00 3,170,000.00 -2,925,000.00 8,478,000.00 6,433,000.00 588,000.00 550,000.00 3,405,000.00 1,956,000.00 -52,000.00
   Operating Net Income 3,368,000.00 141,000.00 -1,899,000.00 -9,319,000.00 7,787,000.00 6,637,000.00 3,905,000.00 -21,234,000.00 23,495,000.00 15,547,000.00 9,359,000.00 -10,980,000.00 25,709,000.00 17,068,000.00 2,839,000.00 6,199,000.00 277,000.00 -1,202,000.00 -1,948,000.00
   Deprecation and Amortization 2,341,000.00 1,505,000.00 691,000.00 -1,388,000.00 2,076,000.00 1,391,000.00 695,000.00 -1,299,000.00 2,011,000.00 1,329,000.00 660,000.00 -1,181,000.00 1,840,000.00 1,208,000.00 606,000.00 -1,146,000.00 1,807,000.00 1,166,000.00 578,000.00
   Deferred Income Tax -288,000.00 -259,000.00 -324,000.00 160,000.00 -78,000.00 -100,000.00 -69,000.00 -142,000.00 32,000.00 159,000.00 54,000.00 778,000.00 -161,000.00 -333,000.00 -234,000.00 399,000.00 -150,000.00 -136,000.00 -239,000.00
   Share Based Compensation 0 0 0 100,000.00 0 0 0 107,000.00 0 0 0 103,000.00 0 0 0 88,000.00 0 0 0
   Change in Working Capital 649,000.00 332,000.00 51,000.00 168,000.00 -171,000.00 -142,000.00 -50,000.00 -371,000.00 278,000.00 335,000.00 145,000.00 -184,000.00 255,000.00 99,000.00 79,000.00 180,000.00 -2,000.00 -67,000.00 -47,000.00
   Other Operating Activities -2,301,000.00 169,000.00 2,433,000.00 5,185,000.00 -4,001,000.00 -3,468,000.00 -2,635,000.00 16,326,000.00 -17,826,000.00 -12,688,000.00 -7,048,000.00 8,539,000.00 -19,165,000.00 -11,609,000.00 -2,702,000.00 -5,170,000.00 1,473,000.00 2,195,000.00 1,604,000.00
Investing Cash Flow -1,426,000.00 -1,047,000.00 -635,000.00 1,122,000.00 -1,437,000.00 -1,029,000.00 -637,000.00 1,144,000.00 -1,382,000.00 -1,078,000.00 -549,000.00 1,566,000.00 -2,070,000.00 -1,460,000.00 -841,000.00 669,000.00 -1,412,000.00 -836,000.00 -580,000.00
   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 576,000.00 399,000.00 249,000.00 -291,000.00 604,000.00 394,000.00 200,000.00 -444,000.00 655,000.00 435,000.00 265,000.00 -768,000.00 1,264,000.00 801,000.00 384,000.00 -525,000.00 1,157,000.00 694,000.00 339,000.00
   Net Purchase/Sale of Investments Net -2,000.00 12,000.00 -7,000.00 -125,000.00 85,000.00 84,000.00 42,000.00 -634,000.00 446,000.00 598,000.00 167,000.00 101,000.00 4,000.00 -4,000.00 -2,000.00 21,000.00 -33,000.00 -24,000.00 -2,000.00
   Net Purchase/Sale of Business 1,000.00 1,000.00 1,000.00 0 0 0 0 0 0 0 0 31,000.00 1,000.00 1,000.00 0 -290,000.00 278,000.00 279,000.00 12,000.00
   Net Loan & Lease Activity 1,000.00 0 0 1,000.00 1,000.00
   Other Investing Activities -2,001,000.00 -1,459,000.00 -878,000.00 1,537,000.00 -2,126,000.00 -1,507,000.00 -879,000.00 2,222,000.00 -2,483,000.00 -2,111,000.00 -981,000.00 2,202,000.00 -3,339,000.00 -2,258,000.00 -1,223,000.00 1,463,000.00 -2,815,000.00 -1,785,000.00 -929,000.00
Financing Cash Flow -2,430,000.00 -1,231,000.00 -382,000.00 4,051,000.00 -4,265,000.00 -3,191,000.00 -1,644,000.00 4,222,000.00 -5,645,000.00 -3,520,000.00 -1,998,000.00 2,290,000.00 -6,269,000.00 -3,642,000.00 -1,228,000.00 198,000.00 -1,739,000.00 -866,000.00 -439,000.00
   Net Issuance/Repayment of Debt 11,912,000.00 9,939,000.00 4,615,000.00 -6,465,000.00 11,526,000.00 6,766,000.00 3,095,000.00 -5,860,000.00 4,940,000.00 3,957,000.00 2,065,000.00 -6,227,000.00 7,599,000.00 4,822,000.00 2,922,000.00 3,936,000.00 805,000.00 82,000.00 40,000.00
   Net Issuance/Repurchase of Equity 1,534,000.00 612,000.00 274,000.00 -2,820,000.00 2,616,000.00 2,056,000.00 1,023,000.00 -2,888,000.00 4,180,000.00 2,393,000.00 1,451,000.00 -228,000.00 2,769,000.00 1,892,000.00 144,000.00 -17,000.00 15,000.00 15,000.00 14,000.00
   Dividends Paid 1,192,000.00 841,000.00 485,000.00 -653,000.00 1,158,000.00 705,000.00 356,000.00 -880,000.00 1,270,000.00 847,000.00 379,000.00 -828,000.00 1,279,000.00 803,000.00 401,000.00 -802,000.00 1,203,000.00 803,000.00 400,000.00
   Other Financing Activities -17,068,000.00 -12,623,000.00 -5,756,000.00 13,989,000.00 -19,565,000.00 -12,718,000.00 -6,118,000.00 13,850,000.00 -16,035,000.00 -10,717,000.00 -5,893,000.00 9,573,000.00 -17,916,000.00 -11,159,000.00 -4,695,000.00 -2,919,000.00 -3,762,000.00 -1,766,000.00 -893,000.00
Net Change in Cash 112,000.00 -117,000.00 -22,000.00 -8,000.00 -70,000.00 -10,000.00 -507,000.00 -1,279,000.00 969,000.00 213,000.00 659,000.00 1,107,000.00 -153,000.00 1,270,000.00 -1,484,000.00 1,424,000.00 185,000.00 259,000.00 -1,059,000.00
   Cash at Beginning of Period 4,829,000.00 4,829,000.00 4,829,000.00 4,837,000.00 5,424,000.00 5,424,000.00 5,424,000.00 6,703,000.00 4,862,000.00 4,862,000.00 4,862,000.00 3,755,000.00 4,122,000.00 4,122,000.00 4,122,000.00 2,698,000.00 3,313,000.00 3,313,000.00 3,313,000.00
   Cash at End of Period 4,941,000.00 4,712,000.00 4,807,000.00 4,829,000.00 5,354,000.00 5,414,000.00 4,917,000.00 5,424,000.00 5,831,000.00 5,075,000.00 5,521,000.00 4,862,000.00 3,969,000.00 5,392,000.00 2,638,000.00 4,122,000.00 3,498,000.00 3,572,000.00 2,254,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0