VMAR
Valuation Ratios
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Price to Earnings | -0.02 | -1.65 | -4.07 | -3.15 |
| Price to Sales | 0.06 | 6.10 | 7.28 | 13.54 |
| Book Value Per Common Share | 184.82 | 1397.35 | 3853.82 | 5437.10 |
| Price to Book | 1.20 | 3.59 | 2.25 | 1.59 |
| Price to Operating Cash Flow | -0.02 | -2.46 | -4.86 | -5.77 |
| Price to Free Cash Flow | -0.02 | -2.31 | -4.38 | -5.10 |
| Enterprise Value to EBITDA |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Price to Earnings | -1.25 | -0.14 | -1.12 | -2.53 | |
| Price to Sales | 31.30 | 4.74 | 12.47 | 1.25 | 7.21 |
| Book Value Per Common Share | 14.93 | 22.95 | 58.29 | 184.82 | 405.91 |
| Price to Book | 0.55 | 0.34 | 0.38 | 1.20 | 2.08 |
| Price to Operating Cash Flow | -2.28 | -0.09 | -0.31 | -7.17 | -6.49 |
| Price to Free Cash Flow | -2.09 | -0.08 | -0.31 | -6.15 | -5.28 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | -32.86 | -23.12 | 109.20 | |
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 171.23 | -26.07 | -95.09 | 173.82 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Cash Per Common Share | 62.13 | 489.33 | 945.42 | 3305.01 |
| Quick Ratio | 0.04 | 0.84 | 2.45 | 6.98 |
| Current Ratio | 1.50 | 1.75 | 4.04 | 7.91 |
| Debt to Equity | 2.78 | 1.08 | 0.21 | 0.16 |
| Long-Term Debt to Equity | 0.89 | 0.66 | 0.09 | 0.08 |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 9.96 | 236.58 | 11.93 | 3.86 | 37.60 |
| Quick Ratio | 2.04 | 6.62 | 0.33 | 0.04 | 0.18 |
| Current Ratio | 3.93 | 10.86 | 2.88 | 1.50 | 2.24 |
| Debt to Equity | 0.45 | 0.19 | 0.45 | 2.78 | 3.61 |
| Long-Term Debt to Equity | 0.12 | 0.09 | 0.05 | 0.89 | 2.53 |
Profitability
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| ROA | -123.12 | -86.82 | -45.06 | -38.95 |
| ROE | -465.59 | -180.53 | -54.57 | -45.08 |
| Gross Margin | 39.47 | 27.19 | 44.70 | 45.65 |
| Operating Margin | -370.72 | -371.86 | -172.34 | -423.62 |
| EBITDA Margin | -343.78 | -353.09 | -159.34 | -411.75 |
| Net Profit Margin | -370.57 | -369.41 | -178.37 | -430.13 |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| ROA | -29.16 | -12.76 | -12.03 | -31.98 | -17.66 |
| ROE | -42.31 | -15.20 | -17.46 | -120.95 | -81.32 |
| Gross Margin | 11.53 | -5.42 | -35.42 | 49.72 | 42.45 |
| Operating Margin | -2478.11 | -3389.50 | -1081.85 | -119.02 | -296.67 |
| EBITDA Margin | -2427.71 | -3266.06 | -986.27 | -109.86 | -271.69 |
| Net Profit Margin | -2501.92 | -3425.20 | -1119.66 | -125.83 | -285.43 |
Dividends
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Assets | 11,420.24 | 24,046.51 | 29,100.21 | 38,801.29 |
| Current Assets | 8,613.57 | 8,487.11 | 11,600.94 | 21,321.40 |
| Cash and Short-Term Investments | 63.13 | 3,359.26 | 5,824.72 | 18,147.82 |
| Cash and Cash Equivalents | 63.13 | 3,359.26 | 5,824.72 | 18,147.82 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 184.31 | 708.71 | 1,210.15 | 652.65 |
| Inventory | 6,209.29 | 2,445.55 | 2,093.78 | 1,976.08 |
| Other Current Assets | 2,156.84 | 1,973.59 | 2,472.30 | 544.84 |
| Non-Current Assets | 2,806.67 | 15,559.40 | 17,499.27 | 17,479.90 |
| Property, Plant, Equipment Net | 1,839.23 | 4,728.52 | 4,480.08 | 4,319.71 |
| Goodwill | 0 | 9,680.94 | 9,352.64 | 9,033.64 |
| Intangible Assets | 868.54 | 966.72 | 1,112.67 | 1,225.72 |
| Long-Term Investments | 5.93 | 114.75 | 2,553.88 | 2,883.28 |
| Non-Current Deferred Assets | 92.97 | 68.46 | 0 | 17.55 |
| Other Non-Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
| Liabilities | 8,400.25 | 12,482.08 | 5,071.61 | 5,276.10 |
| Current Liabilities | 5,724.91 | 4,850.18 | 2,873.93 | 2,694.83 |
| Payables and Expenses | 4,497.51 | 1,754.90 | 1,033.52 | 986.36 |
| Account Payables | 3,883.02 | 1,107.31 | 737.95 | 560.87 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 |
| Short-Term Debt | 223.47 | 1,074.18 | 633.26 | 572.32 |
| Other Current Liabilities | 1,003.92 | 2,021.09 | 1,207.15 | 1,136.16 |
| Non-Current Liabilities | 2,675.35 | 7,631.90 | 2,197.68 | 2,581.27 |
| Long-Term Debt | 494.96 | 2,027.94 | 2,009.64 | 2,458.62 |
| Other Non-Current Liabilities | 2,180.39 | 5,603.96 | 188.04 | 122.66 |
| Equity | 3,019.99 | 11,564.44 | 24,028.60 | 33,525.19 |
| Shareholders Equity | 3,019.99 | 11,564.44 | 24,028.60 | 33,525.19 |
| Capital Stock | 55,382.75 | 50,395.72 | 43,441.59 | 42,834.98 |
| Share Premium | 12,080.82 | 11,684.83 | 10,560.89 | 7,861.40 |
| Retained Earnings | -65,609.36 | -51,548.74 | -30,671.55 | -17,559.77 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,127.05 | 1,032.63 | 697.67 | 388.57 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 718.43 | 3,102.12 | 2,642.90 | 3,030.93 |
| Net Debt | 395.51 | 0 | 0 | 0 |
| Common Shares Outstanding | 16.34 | 8.28 | 6.24 | 6.17 |
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Revenues | 3,794.34 | 5,651.50 | 7,350.95 | 3,513.79 |
| Cost Of Revenue | 2,296.91 | 4,115.08 | 4,065.28 | 1,909.61 |
| Interest Income | 64.12 | 113.33 | 379.29 | 0 |
| Interest Expense | 249.63 | 142.12 | 184.90 | 123.10 |
| Non-Interest Expense | 11,162.09 | 15,485.62 | 13,547.99 | 12,835.05 |
| Gross Profit | 1,497.44 | 1,536.43 | 3,285.57 | 1,604.18 |
| Operating Expenses | 14,731.99 | 21,779.49 | 16,059.27 | 14,509.86 |
| Selling, General and Administrative Expenses | 11,162.09 | 15,485.62 | 13,547.99 | 12,835.05 |
| Research and Development Expenses | 2,739.02 | 5,704.91 | 2,242.79 | 1,489.95 |
| Operating Income | -13,234.55 | -20,243.07 | -12,773.70 | -12,905.67 |
| Net Non-Operating Income | -33.70 | 117.47 | 143.92 | 153.75 |
| EBT | -14,316.08 | -21,158.06 | -12,853.44 | -15,008.32 |
| Income Tax | -255.46 | -280.88 | 258.34 | 105.59 |
| Net Income Including Non-Controlling Interests | -14,060.62 | -20,877.19 | -13,111.78 | -15,113.91 |
| Net Income | -14,060.62 | -20,877.19 | -13,111.78 | -15,113.91 |
| EBIT | -14,066.46 | -21,015.94 | -12,668.55 | -14,885.22 |
| Deprecation and Amortization | 1,022.44 | 1,060.90 | 955.51 | 417.05 |
| EBITDA | -13,044.02 | -19,955.05 | -11,713.03 | -14,468.17 |
| EPS | -13.83 | -3.04 | -2.13 | -2.75 |
| Diluted EPS | -13.83 | -3.04 | -2.13 | -2.75 |
| Average Shares Outstanding Basic | 1.02 | 6.87 | 6.16 | 5.49 |
| Average Shares Outstanding Diluted | 1.02 | 6.87 | 6.16 | 5.49 |
| Breakdown | 2024-08-31 | 2023-08-31 | 2022-08-31 | 2021-08-31 |
|---|---|---|---|---|
| Operating Cash Flow | -11,642.20 | -14,007.92 | -10,996.82 | -8,251.44 |
| Operating Net Income | -14,060.62 | -20,877.19 | -13,111.78 | -15,113.91 |
| Deprecation and Amortization | 1,022.44 | 1,060.90 | 955.51 | 417.05 |
| Deferred Income Tax | -255.46 | -280.88 | 258.34 | 105.59 |
| Share Based Compensation | 395.99 | 1,136.18 | 2,699.48 | 7,121.44 |
| Change in Working Capital | -744.40 | 2,292.94 | -2,605.80 | -1,510.71 |
| Other Operating Activities | 1,999.86 | 2,660.12 | 807.43 | 729.09 |
| Investing Cash Flow | 615.61 | -537.02 | -964.50 | -9,468.40 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -410.38 | -537.02 | -932.30 | -510.25 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 1,089.30 | 0 | 0 | -5,029.42 |
| Other Investing Activities | 0 | 0 | 0 | -3,928.73 |
| Financing Cash Flow | 7,730.47 | 12,079.48 | -361.78 | 34,570.83 |
| Net Issuance/Repayment of Debt | -697.91 | -521.50 | -548.55 | -884.41 |
| Net Issuance/Repurchase of Equity | 6,545.30 | 163.46 | 10.00 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 1,883.08 | 12,437.52 | 176.77 | 0 |
| Net Change in Cash | -3,296.13 | -2,465.46 | -12,323.10 | 16,851.00 |
| Cash at Beginning of Period | 3,359.26 | 5,824.72 | 18,147.82 | 1,296.82 |
| Cash at End of Period | 63.13 | 3,359.26 | 5,824.72 | 18,147.82 |
| Free Cash Flow | -12,242.47 | -14,946.73 | -12,204.95 | -9,324.52 |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Assets | 24,500.32 | 28,270.96 | 13,257.12 | 11,420.24 | 17,138.63 |
| Current Assets | 21,712.35 | 25,663.79 | 10,555.57 | 8,613.57 | 8,962.00 |
| Cash and Short-Term Investments | 10,891.00 | 15,324.18 | 963.58 | 63.13 | 341.31 |
| Cash and Cash Equivalents | 10,891.00 | 15,324.18 | 963.58 | 63.13 | 341.31 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 391.57 | 333.19 | 255.71 | 184.31 | 394.59 |
| Inventory | 7,107.32 | 7,167.85 | 6,309.00 | 6,209.29 | 5,488.41 |
| Other Current Assets | 3,322.46 | 2,838.58 | 3,027.28 | 2,156.84 | 2,737.70 |
| Non-Current Assets | 2,787.97 | 2,607.17 | 2,701.55 | 2,806.67 | 8,176.62 |
| Property, Plant, Equipment Net | 1,810.11 | 1,675.67 | 1,774.05 | 1,839.23 | 2,738.32 |
| Goodwill | 0 | 0 | 0 | 0 | 4,430.18 |
| Intangible Assets | 880.68 | 845.55 | 832.29 | 868.54 | 898.23 |
| Long-Term Investments | 0 | 0 | 6.16 | 5.93 | 6.01 |
| Non-Current Deferred Assets | 97.18 | 85.95 | 88.96 | 92.97 | 103.88 |
| Other Non-Current Assets | 0 | 0 | 0 | 0.00 | 0.00 |
| Liabilities | 7,613.63 | 4,543.64 | 4,125.61 | 8,400.25 | 13,417.66 |
| Current Liabilities | 5,529.74 | 2,363.69 | 3,664.49 | 5,724.91 | 4,000.37 |
| Payables and Expenses | 1,310.71 | 1,099.80 | 2,071.70 | 4,497.51 | 2,503.74 |
| Account Payables | 1,145.59 | 893.19 | 1,644.61 | 3,883.02 | 2,014.04 |
| Current Accrued Liabilities | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 214.42 | 234.51 | 237.79 | 223.47 | 497.07 |
| Other Current Liabilities | 4,004.61 | 1,029.38 | 1,355.00 | 1,003.92 | 999.56 |
| Non-Current Liabilities | 2,083.89 | 2,179.95 | 461.12 | 2,675.35 | 9,417.30 |
| Long-Term Debt | 245.71 | 376.58 | 457.43 | 494.96 | 1,040.86 |
| Other Non-Current Liabilities | 1,838.18 | 1,803.37 | 3.69 | 2,180.39 | 8,376.44 |
| Equity | 16,886.69 | 23,727.32 | 9,131.51 | 3,019.99 | 3,720.96 |
| Shareholders Equity | 16,886.69 | 23,727.32 | 9,131.51 | 3,019.99 | 3,720.96 |
| Capital Stock | 81,105.48 | 80,822.39 | 62,958.29 | 55,382.75 | 52,494.76 |
| Share Premium | 12,611.78 | 12,600.00 | 12,219.14 | 12,080.82 | 12,052.69 |
| Retained Earnings | -77,954.29 | -70,810.00 | -67,203.88 | -65,609.36 | -61,956.73 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 1,123.72 | 1,114.94 | 1,119.23 | 1,127.05 | 1,130.25 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 460.13 | 611.09 | 695.22 | 718.43 | 1,537.93 |
| Net Debt | 0 | 0 | 0 | 395.51 | 0 |
| Common Shares Outstanding | 1,130.75 | 1,033.76 | 156.65 | 16.34 | 9.17 |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Revenues | 285.55 | 105.28 | 142.41 | 2,902.90 | 1,060.15 |
| Cost Of Revenue | 252.62 | 110.98 | 192.85 | 1,459.49 | 610.12 |
| Interest Income | 143.31 | 40.01 | 0.08 | 4.78 | 11.04 |
| Interest Expense | 70.69 | 46.65 | 31.56 | 90.92 | 59.90 |
| Non-Interest Expense | 2,910.19 | 3,381.99 | 2,547.72 | 3,176.31 | 2,337.91 |
| Gross Profit | 32.94 | -5.70 | -50.44 | 1,443.41 | 450.04 |
| Operating Expenses | 3,779.85 | 4,286.37 | 2,925.74 | 4,233.45 | 3,185.28 |
| Selling, General and Administrative Expenses | 2,910.19 | 3,381.99 | 2,547.72 | 3,176.31 | 2,337.91 |
| Research and Development Expenses | 738.52 | 789.98 | 254.01 | 791.21 | 628.58 |
| Operating Income | -3,746.91 | -4,292.07 | -2,976.18 | -2,790.04 | -2,735.24 |
| Net Non-Operating Income | 0 | 1.70 | 0 | 147.19 | -192.15 |
| EBT | -7,147.00 | -3,615.18 | -1,572.23 | -3,546.06 | -3,205.10 |
| Income Tax | -2.71 | -9.05 | 22.29 | -184.68 | -179.13 |
| Net Income Including Non-Controlling Interests | -7,144.29 | -3,606.12 | -1,594.52 | -3,652.62 | -3,025.98 |
| Net Income | -7,144.29 | -3,606.12 | -1,594.52 | -3,652.62 | -3,025.98 |
| EBIT | -7,076.31 | -3,568.53 | -1,540.67 | -3,455.13 | -3,145.20 |
| Deprecation and Amortization | 143.91 | 129.95 | 136.12 | 217.29 | 264.87 |
| EBITDA | -6,932.40 | -3,438.58 | -1,404.55 | -3,189.20 | -2,880.33 |
| EPS | -0.01 | -0.06 | -0.02 | 0 | -0.33 |
| Diluted EPS | -0.01 | -0.06 | -0.02 | 0 | -0.33 |
| Average Shares Outstanding Basic | 1,093.32 | 64.77 | 80.75 | 0 | 9.08 |
| Average Shares Outstanding Diluted | 1,093.32 | 64.77 | 80.75 | 0 | 9.08 |
| Breakdown | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -3,913.36 | -5,818.11 | -5,711.10 | -506.41 | -1,178.25 |
| Operating Net Income | -7,144.29 | -3,606.12 | -1,594.52 | -3,652.62 | -3,025.98 |
| Deprecation and Amortization | 143.91 | 129.95 | 136.12 | 217.29 | 264.87 |
| Deferred Income Tax | -17.41 | -9.05 | 22.29 | 20.69 | -170.74 |
| Share Based Compensation | 11.79 | 380.86 | 138.32 | 28.13 | 46.27 |
| Change in Working Capital | -62.11 | -1,683.84 | -3,338.68 | 1,958.16 | 975.00 |
| Other Operating Activities | 3,154.76 | -1,029.91 | -1,074.63 | 921.94 | 732.33 |
| Investing Cash Flow | -359.98 | -80.44 | -8.61 | 12.05 | 850.69 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -277.86 | -27.76 | -6.80 | -71.48 | -91.77 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 96.19 | 0 |
| Other Investing Activities | 0 | 0 | 0 | -12.66 | 0 |
| Financing Cash Flow | -159.84 | 20,259.15 | 6,620.16 | 216.18 | -516.22 |
| Net Issuance/Repayment of Debt | -159.84 | -99.89 | -64.43 | 114.30 | -516.22 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | -1,781.19 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0.00 | 0 | 0 | 1,883.08 | 0.00 |
| Net Change in Cash | -4,433.17 | 14,360.60 | 900.45 | -278.18 | -843.77 |
| Cash at Beginning of Period | 15,324.18 | 963.58 | 63.13 | 341.31 | 1,185.08 |
| Cash at End of Period | 10,891.00 | 15,324.18 | 963.58 | 63.13 | 341.31 |
| Free Cash Flow | -4,273.33 | -5,898.56 | -5,719.71 | -590.56 | -1,447.23 |