VRCA
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -4.73 | -49.46 | -38.19 | ||
| Price to Sales | 47.95 | 712.76 | 104.01 | 210.04 | |
| Book Value Per Common Share | -0.11 | 0.47 | 0.97 | 1.18 | 1.30 |
| Price to Book | -65.18 | 157.08 | 28.23 | 77.31 | 88.77 |
| Price to Operating Cash Flow | -5.95 | -86.04 | -50.38 | -91.39 | -96.94 |
| Price to Free Cash Flow | -5.95 | -85.24 | -49.58 | -88.55 | -92.44 |
| 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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to Earnings | -143.67 | 265.05 | -44.22 | -29.59 | -197.03 | -134.55 | -71.94 | -433.33 | ||||||||
| Price to Sales | 2.85 | 3.96 | 121.82 | 8055.56 | 692.97 | 851.80 | 641.09 | 72222.22 | 141.47 | 5198.72 | 347.08 | |||||
| Book Value Per Common Share | -1.80 | -1.89 | -0.20 | -0.11 | -0.75 | -0.31 | 0.04 | 0.47 | 1.01 | 1.55 | 0.97 | 1.09 | 0.92 | 1.18 | 2.25 | 1.30 |
| Price to Book | -2.40 | -2.81 | -21.85 | -65.18 | -19.42 | -232.68 | 1667.61 | 157.08 | 38.63 | 41.95 | 28.23 | 26.81 | 88.14 | 77.31 | 67.38 | 88.77 |
| Price to Operating Cash Flow | -33.07 | -137.96 | -609.18 | -268.63 | -386.18 | |||||||||||
| Price to Free Cash Flow | -608.04 | -268.45 | -375.37 | |||||||||||||
| Enterprise Value to EBITDA | 211956.51 | 206136.81 | 72723791.34 | 438404623.49 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | 62.43 | -48.43 | -24.73 | ||
| EBITDA YoY | |||||
| Net Profit YoY |
| 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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earning YoY | ||||||||||||||||
| Revenue YoY | 12.93 | 269.35 | -98.28 | 51.36 | 15.76 | 7445.95 | -99.56 | 1830.16 | -96.41 | |||||||
| EBITDA YoY | -18.92 | |||||||||||||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.19 | 1.53 | 1.00 | 2.56 | 0.42 |
| Quick Ratio | 0.35 | 4.34 | 9.94 | ||
| Current Ratio | 1.76 | 4.55 | 11.31 | 1.61 | 1.71 |
| Debt to Equity | -6.49 | 3.13 | 0.12 | 1.46 | 1.25 |
| Long-Term Debt to Equity | -3.55 | 2.27 | 0.03 | 0.04 | 0.05 |
| 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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash Per Common Share | 2.22 | 1.62 | 0.11 | 0.11 | 0.49 | 0.69 | 1.05 | 1.64 | 1.83 | 1.39 | 0.83 | 0.98 | 2.24 | 2.56 | 1.60 | 0.42 |
| Quick Ratio | 0.97 | 0.84 | 0.53 | 0.35 | 1.10 | 2.10 | 2.92 | 4.34 | 7.77 | 22.70 | 9.94 | 12.97 | 1.39 | |||
| Current Ratio | 1.25 | 1.26 | 1.34 | 1.76 | 1.34 | 2.36 | 3.17 | 4.55 | 8.06 | 23.87 | 11.31 | 14.10 | 1.47 | 1.61 | 2.29 | 1.71 |
| Debt to Equity | -3.40 | -3.24 | -3.27 | -6.49 | -1.97 | -4.91 | 42.97 | 3.13 | 1.30 | 0.06 | 0.12 | 0.10 | 1.82 | 1.46 | 0.75 | 1.25 |
| Long-Term Debt to Equity | -1.70 | -1.57 | -1.69 | -3.55 | -1.35 | -3.40 | 30.13 | 2.27 | 1.03 | 0.02 | 0.03 | 0.03 | 0.06 | 0.04 | 0.03 | 0.05 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -141.46 | -82.10 | -54.76 | -43.78 | -57.57 |
| ROE | 776.66 | -338.99 | -61.17 | -107.59 | -129.43 |
| Gross Margin | 65.64 | 89.27 | |||
| Operating Margin | -887.75 | -1353.22 | -247.07 | -256.54 | |
| EBITDA Margin | -870.98 | -1335.27 | -237.92 | -253.96 | |
| Net Profit Margin | -1012.15 | -1438.28 | -271.11 | -292.33 |
| 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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA | -0.67 | 0.52 | -23.10 | -69.43 | -33.04 | -30.66 | -25.53 | -9.60 | 0.17 | -11.83 | -0.87 | |||||
| ROE | 1.61 | -1.17 | 52.44 | 67.13 | 129.22 | -1348.21 | -58.63 | -10.16 | 0.19 | -33.32 | -1.51 | |||||
| Gross Margin | 97.21 | 79.65 | -376.19 | 85.69 | 78.34 | 89.26 | ||||||||||
| Operating Margin | 12.69 | 18.38 | -219.22 | -24385.71 | -302.90 | -557.30 | -828.98 | -17808.11 | 1.97 | -1714.15 | 0.77 | |||||
| EBITDA Margin | 13.45 | 18.74 | -213.17 | -24266.67 | -300.86 | -546.78 | -828.94 | -17262.16 | 1.98 | -1666.13 | 0.79 | |||||
| Net Profit Margin | -1.91 | 1.61 | -283.28 | -27214.29 | -351.31 | -629.05 | -888.32 | -17808.11 | 1.00 | -1965.20 | -7.80 |
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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 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 | 54,134.00 | 81,597.00 | 44,721.00 | 80,125.00 | 74,154.00 |
| Current Assets | 51,179.00 | 77,530.00 | 39,115.00 | 74,328.00 | 67,650.00 |
| Cash and Short-Term Investments | 10,000.00 | 69,547.00 | 34,273.00 | 70,400.00 | 10,686.00 |
| Cash and Cash Equivalents | 46,329.00 | 69,547.00 | 34,273.00 | 15,752.00 | 10,686.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 77.00 | 4,416.00 | 99.00 | 0 | 0 |
| Inventory | 2,463.00 | 1,022.00 | 0 | 0 | 0 |
| Other Current Assets | 38,639.00 | 2,545.00 | 4,743.00 | 3,928.00 | 56,964.00 |
| Non-Current Assets | 2,955.00 | 4,067.00 | 5,606.00 | 5,797.00 | 6,504.00 |
| Property, Plant, Equipment Net | 1,425.00 | 2,210.00 | 5,330.00 | 5,502.00 | 4,938.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,530.00 | 1,857.00 | 276.00 | 295.00 | 1,566.00 |
| Liabilities | 63,994.00 | 61,834.00 | 4,688.00 | 47,520.00 | 41,168.00 |
| Current Liabilities | 29,012.00 | 17,024.00 | 3,459.00 | 46,055.00 | 39,475.00 |
| Payables and Expenses | 3,069.00 | 5,902.00 | 1,906.00 | 2,512.00 | 1,686.00 |
| Account Payables | 1,896.00 | 2,464.00 | 507.00 | 845.00 | 348.00 |
| Current Accrued Liabilities | 1,173.00 | 3,438.00 | 1,399.00 | 1,667.00 | 1,338.00 |
| Short-Term Debt | 13,605.00 | 700.00 | 297.00 | 41,944.00 | 35,513.00 |
| Other Current Liabilities | 12,338.00 | 10,422.00 | 1,256.00 | 1,599.00 | 2,276.00 |
| Non-Current Liabilities | 34,982.00 | 44,810.00 | 1,229.00 | 1,465.00 | 1,693.00 |
| Long-Term Debt | 1,351.00 | 1,936.00 | 1,229.00 | 1,465.00 | 1,693.00 |
| Other Non-Current Liabilities | 33,631.00 | 42,874.00 | 0.00 | 0.00 | 0.00 |
| Equity | -9,860.00 | 19,763.00 | 40,033.00 | 32,605.00 | 32,986.00 |
| Shareholders Equity | -9,860.00 | 19,763.00 | 40,033.00 | 32,605.00 | 32,986.00 |
| Capital Stock | 9.00 | 4.00 | 4.00 | 3.00 | 3.00 |
| Share Premium | 297,158.00 | 250,207.00 | 203,482.00 | 171,597.00 | 136,868.00 |
| Retained Earnings | -307,027.00 | -230,448.00 | -163,453.00 | -138,966.00 | -103,886.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | -29.00 | 1.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 54,602.00 | 54,784.00 |
| Debt | 45,939.00 | 45,510.00 | 1,526.00 | 43,409.00 | 37,206.00 |
| Net Debt | 35,939.00 | 0 | 0 | 0 | 26,520.00 |
| Common Shares Outstanding | 91,779.99 | 42,413.55 | 41,094.05 | 27,519.05 | 25,441.11 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 7,566.00 | 4,658.00 | 9,032.00 | 12,000.00 | 0 |
| Cost Of Revenue | 2,600.00 | 500.00 | 0 | 0 | 0 |
| Gross Profit | 4,966.00 | 4,158.00 | 0 | 0 | 0 |
| Operating Expenses | 70,885.00 | 69,917.00 | 30,328.00 | 42,908.00 | 40,181.00 |
| Selling, General and Administrative Expenses | 176,466.00 | 47,341.00 | 17,405.00 | 26,979.00 | 24,508.00 |
| Research and Development Expenses | 36,220.00 | 20,419.00 | 12,198.00 | 15,929.00 | 15,673.00 |
| Other Operating Expenses | -141,801.00 | 2,157.00 | 725.00 | 0.00 | 0.00 |
| Operating Income | -65,919.00 | -65,759.00 | -21,296.00 | -30,908.00 | -40,181.00 |
| Net Non-Operating Income | -10,660.00 | -1,236.00 | -3,191.00 | -4,172.00 | -2,513.00 |
| Interest Income | 10,829.00 | 6,702.00 | 2,648.00 | 4,418.00 | 3,554.00 |
| Interest Expense | 9,412.00 | 3,962.00 | 2,172.00 | 4,295.00 | 3,033.00 |
| Net Interest | 1,417.00 | 2,740.00 | 476.00 | 123.00 | 521.00 |
| EBT | -76,579.00 | -66,995.00 | -24,487.00 | -35,080.00 | -42,694.00 |
| Income Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -76,579.00 | -66,995.00 | -24,487.00 | -35,080.00 | -42,694.00 |
| EBIT | -67,167.00 | -63,033.00 | -22,315.00 | -30,785.00 | -39,661.00 |
| Deprecation and Amortization | 1,269.00 | 836.00 | 826.00 | 310.00 | 95.00 |
| EBITDA | -65,898.00 | -62,197.00 | -21,489.00 | -30,475.00 | -39,566.00 |
| EPS | -0.00 | -0.00 | -0.00 | 0 | 0 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | 0 | 0 |
| Average Shares Outstanding Basic | 51,808.23 | 45,342.45 | 34,163.44 | 0 | 0 |
| Average Shares Outstanding Diluted | 51,808.23 | 45,342.45 | 34,163.44 | 0 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -60,927.00 | -38,577.00 | -18,650.00 | -27,582.00 | -30,207.00 |
| Operating Net Income | -76,579.00 | -66,995.00 | -24,487.00 | -35,080.00 | -42,694.00 |
| Deprecation and Amortization | 1,269.00 | 836.00 | 826.00 | 310.00 | -95.00 |
| Deferred Income Tax | 0 | 0 | 0 | -2,400.00 | -2,400.00 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 2,182.00 | -1,363.00 | -1,058.00 | -743.00 | 1,842.00 |
| Other Operating Activities | 12,201.00 | 28,945.00 | 6,069.00 | 10,331.00 | 13,140.00 |
| Investing Cash Flow | -19.00 | -362.00 | 54,041.00 | -998.00 | -3,580.00 |
| Capital Expenditure | -27.00 | -362.00 | -302.00 | -883.00 | -1,470.00 |
| Net Purchase/Sale of PPE | -19.00 | -362.00 | -302.00 | -883.00 | -1,470.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 54,523.00 | 86.00 | -1,889.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 27.00 | 362.00 | 122.00 | 682.00 | 1,249.00 |
| Financing Cash Flow | 37,728.00 | 74,213.00 | -16,870.00 | 33,646.00 | 35,232.00 |
| Net Issuance/Repayment of Debt | -924.00 | 44,082.00 | -4.00 | 4,970.00 | 0 |
| Net Issuance/Repurchase of Equity | 155.00 | 7.00 | 26,901.00 | 28,676.00 | 453.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 38,497.00 | 30,124.00 | -43,767.00 | 0.00 | 34,779.00 |
| Net Change in Cash | -23,218.00 | 35,274.00 | 18,521.00 | 5,066.00 | 1,445.00 |
| Cash at Beginning of Period | 69,547.00 | 34,273.00 | 15,752.00 | 10,686.00 | 9,241.00 |
| Cash at End of Period | 46,329.00 | 69,547.00 | 34,273.00 | 15,752.00 | 10,686.00 |
| Free Cash Flow | -60,954.00 | -38,939.00 | -18,952.00 | -28,465.00 | -31,677.00 |
| 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 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-03-31 | 2021-12-31 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 40,896.00 | 39,107.00 | 42,178.00 | 54,134.00 | 32,927.00 | 52,010.00 | 66,307.00 | 81,597.00 | 97,148.00 | 68,639.00 | 44,721.00 | 49,147.00 | 71,617.00 | 80,125.00 | 108,102.00 | 74,154.00 |
| Current Assets | 36,275.00 | 36,781.00 | 39,474.00 | 51,179.00 | 28,187.00 | 47,318.00 | 61,376.00 | 77,530.00 | 91,725.00 | 63,097.00 | 39,115.00 | 43,395.00 | 65,772.00 | 74,328.00 | 102,046.00 | 67,650.00 |
| Cash and Short-Term Investments | 21,097.00 | 15,396.00 | 10,000.00 | 10,000.00 | 22,959.00 | 31,930.00 | 48,939.00 | 69,547.00 | 84,308.00 | 59,952.00 | 34,273.00 | 39,500.00 | 61,900.00 | 70,400.00 | 44,101.00 | 10,686.00 |
| Cash and Cash Equivalents | 21,097.00 | 15,396.00 | 29,595.00 | 46,329.00 | 22,959.00 | 31,930.00 | 48,939.00 | 69,547.00 | 84,308.00 | 59,952.00 | 34,273.00 | 32,473.00 | 10,407.00 | 15,752.00 | 44,101.00 | 10,686.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 7,047.00 | 9,193.00 | 5,653.00 | 77.00 | 84.00 | 10,208.00 | 7,594.00 | 4,416.00 | 4,072.00 | 56.00 | 99.00 | 419.00 | 431.00 | 0 | 0 | 0 |
| Inventory | 2,304.00 | 2,522.00 | 2,459.00 | 2,463.00 | 2,584.00 | 2,704.00 | 2,499.00 | 1,022.00 | 279.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 5,827.00 | 9,670.00 | 21,362.00 | 38,639.00 | 2,560.00 | 2,476.00 | 2,344.00 | 2,545.00 | 3,066.00 | 3,089.00 | 4,743.00 | 3,476.00 | 3,441.00 | 3,928.00 | 57,945.00 | 56,964.00 |
| Non-Current Assets | 4,621.00 | 2,326.00 | 2,704.00 | 2,955.00 | 4,740.00 | 4,692.00 | 4,931.00 | 4,067.00 | 5,423.00 | 5,542.00 | 5,606.00 | 5,752.00 | 5,845.00 | 5,797.00 | 6,056.00 | 6,504.00 |
| Property, Plant, Equipment Net | 841.00 | 1,005.00 | 1,301.00 | 1,425.00 | 1,563.00 | 1,715.00 | 2,019.00 | 2,210.00 | 4,897.00 | 5,173.00 | 5,330.00 | 5,531.00 | 5,703.00 | 5,502.00 | 5,109.00 | 4,938.00 |
| Goodwill | 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 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3,780.00 | 1,321.00 | 1,403.00 | 1,530.00 | 3,177.00 | 2,977.00 | 2,912.00 | 1,857.00 | 526.00 | 369.00 | 276.00 | 221.00 | 142.00 | 295.00 | 947.00 | 1,566.00 |
| Liabilities | 57,936.00 | 56,591.00 | 60,754.00 | 63,994.00 | 66,978.00 | 65,310.00 | 64,799.00 | 61,834.00 | 54,845.00 | 3,793.00 | 4,688.00 | 4,382.00 | 46,199.00 | 47,520.00 | 46,292.00 | 41,168.00 |
| Current Liabilities | 28,908.00 | 29,222.00 | 29,396.00 | 29,012.00 | 21,026.00 | 20,051.00 | 19,365.00 | 17,024.00 | 11,374.00 | 2,643.00 | 3,459.00 | 3,078.00 | 44,800.00 | 46,055.00 | 44,658.00 | 39,475.00 |
| Payables and Expenses | 3,379.00 | 4,171.00 | 3,055.00 | 3,069.00 | 3,629.00 | 3,487.00 | 3,920.00 | 5,902.00 | 3,963.00 | 1,113.00 | 1,906.00 | 1,516.00 | 1,230.00 | 2,512.00 | 1,771.00 | 1,686.00 |
| Account Payables | 1,585.00 | 2,321.00 | 1,443.00 | 1,896.00 | 966.00 | 1,150.00 | 2,527.00 | 2,464.00 | 1,925.00 | 575.00 | 507.00 | 137.00 | 531.00 | 845.00 | 878.00 | 348.00 |
| Current Accrued Liabilities | 1,794.00 | 1,850.00 | 1,612.00 | 1,173.00 | 2,663.00 | 2,337.00 | 1,393.00 | 3,438.00 | 2,038.00 | 538.00 | 1,399.00 | 1,379.00 | 699.00 | 1,667.00 | 893.00 | 1,338.00 |
| Short-Term Debt | 13,159.00 | 13,319.00 | 13,469.00 | 13,605.00 | 1,161.00 | 1,051.00 | 1,010.00 | 700.00 | 347.00 | 302.00 | 297.00 | 291.00 | 42,255.00 | 41,944.00 | 40,899.00 | 35,513.00 |
| Other Current Liabilities | 12,370.00 | 11,732.00 | 12,872.00 | 12,338.00 | 16,236.00 | 15,513.00 | 14,435.00 | 10,422.00 | 7,064.00 | 1,228.00 | 1,256.00 | 1,271.00 | 1,315.00 | 1,599.00 | 1,988.00 | 2,276.00 |
| Non-Current Liabilities | 29,028.00 | 27,369.00 | 31,358.00 | 34,982.00 | 45,952.00 | 45,259.00 | 45,434.00 | 44,810.00 | 43,471.00 | 1,150.00 | 1,229.00 | 1,304.00 | 1,399.00 | 1,465.00 | 1,634.00 | 1,693.00 |
| Long-Term Debt | 959.00 | 995.00 | 1,155.00 | 1,351.00 | 2,647.00 | 2,508.00 | 2,586.00 | 1,936.00 | 1,070.00 | 1,150.00 | 1,229.00 | 1,304.00 | 1,399.00 | 1,465.00 | 1,634.00 | 1,693.00 |
| Other Non-Current Liabilities | 28,069.00 | 26,374.00 | 30,203.00 | 33,631.00 | 43,305.00 | 42,751.00 | 42,848.00 | 42,874.00 | 42,401.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity | -17,040.00 | -17,484.00 | -18,576.00 | -9,860.00 | -34,051.00 | -13,300.00 | 1,508.00 | 19,763.00 | 42,303.00 | 64,846.00 | 40,033.00 | 44,765.00 | 25,418.00 | 32,605.00 | 61,810.00 | 32,986.00 |
| Shareholders Equity | -17,040.00 | -17,484.00 | -18,576.00 | -9,860.00 | -34,051.00 | -13,300.00 | 1,508.00 | 19,763.00 | 42,303.00 | 64,846.00 | 40,033.00 | 44,765.00 | 25,418.00 | 32,605.00 | 61,810.00 | 32,986.00 |
| Capital Stock | 1.00 | 1.00 | 9.00 | 9.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Share Premium | 299,798.00 | 299,080.00 | 298,184.00 | 297,158.00 | 256,769.00 | 254,661.00 | 252,287.00 | 250,207.00 | 248,133.00 | 234,884.00 | 203,482.00 | 202,311.00 | 172,913.00 | 171,597.00 | 166,626.00 | 136,868.00 |
| Retained Earnings | -316,839.00 | -316,565.00 | -316,769.00 | -307,027.00 | -290,825.00 | -267,965.00 | -250,779.00 | -230,448.00 | -205,834.00 | -170,042.00 | -163,453.00 | -157,521.00 | -147,436.00 | -138,966.00 | -104,822.00 | -103,886.00 |
| Treasury Shares | 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 | -29.00 | -62.00 | -29.00 | 3.00 | 1.00 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,981.00 | 11,497.00 | 54,602.00 | 43,585.00 | 54,784.00 |
| Debt | 35,737.00 | 38,892.00 | 42,433.00 | 45,939.00 | 47,113.00 | 46,310.00 | 46,444.00 | 45,510.00 | 43,818.00 | 1,452.00 | 1,526.00 | 1,595.00 | 43,654.00 | 43,409.00 | 42,533.00 | 37,206.00 |
| Net Debt | 14,640.00 | 23,496.00 | 32,433.00 | 35,939.00 | 24,154.00 | 14,380.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,520.00 |
| Common Shares Outstanding | 9,490.03 | 9,254.52 | 91,789.99 | 91,779.99 | 45,600.79 | 42,456.05 | 42,420.05 | 42,413.55 | 42,064.55 | 41,852.05 | 41,094.05 | 41,094.05 | 27,624.20 | 27,519.05 | 27,490.72 | 25,441.11 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | 14,344.00 | 12,702.00 | 3,439.00 | -642.00 | 84.00 | 4,892.00 | 3,232.00 | 2,792.00 | 37.00 | 8,319.00 | 431.00 | 12,000.00 |
| Cost Of Revenue | 400.00 | 0 | 700.00 | 800.00 | 400.00 | 700.00 | 700.00 | 300.00 | 0 | 0 | 0 | 0 |
| Gross Profit | 13,944.00 | 0 | 2,739.00 | -1,442.00 | -316.00 | 4,192.00 | 2,532.00 | 2,492.00 | 0 | 0 | 0 | 0 |
| Operating Expenses | 12,317.00 | 11,192.00 | 10,869.00 | 9,968.00 | 20,388.00 | 19,398.00 | 21,131.00 | 26,409.00 | 7,126.00 | 6,871.00 | 7,841.00 | 11,940.00 |
| Selling, General and Administrative Expenses | 28,209.00 | 26,556.00 | 26,544.00 | 127,522.00 | 16,083.00 | 16,522.00 | 16,339.00 | 20,054.00 | 4,319.00 | 3,925.00 | 5,118.00 | 6,578.00 |
| Research and Development Expenses | 6,615.00 | 5,538.00 | 7,152.00 | 24,948.00 | 2,405.00 | 3,919.00 | 4,948.00 | 6,510.00 | 2,739.00 | 2,946.00 | 2,723.00 | 5,362.00 |
| Other Operating Expenses | -22,507.00 | -20,902.00 | -22,827.00 | -142,502.00 | 1,900.00 | -1,043.00 | -156.00 | -155.00 | 68.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 1,627.00 | 1,510.00 | -8,130.00 | -11,410.00 | -20,704.00 | -15,206.00 | -18,599.00 | -23,917.00 | -7,089.00 | 1,448.00 | -7,410.00 | 60.00 |
| Net Non-Operating Income | -1,901.00 | -1,306.00 | -1,612.00 | -4,792.00 | -2,156.00 | -1,980.00 | -1,732.00 | -885.00 | 500.00 | -1,365.00 | -1,060.00 | -996.00 |
| Interest Income | 2,253.00 | 2,359.00 | 2,540.00 | 2,554.00 | 2,597.00 | 2,761.00 | 2,917.00 | 2,479.00 | 0 | 229.00 | 1,104.00 | 1,060.00 |
| Interest Expense | 2,094.00 | 2,131.00 | 2,203.00 | 2,349.00 | 2,376.00 | 2,368.00 | 2,319.00 | 1,657.00 | 0.00 | 81.00 | 1,082.00 | 1,028.00 |
| Net Interest | 159.00 | 228.00 | 337.00 | 205.00 | 221.00 | 393.00 | 598.00 | 822.00 | 500.00 | 148.00 | 22.00 | 32.00 |
| EBT | -274.00 | 204.00 | -9,742.00 | -16,202.00 | -22,860.00 | -17,186.00 | -20,331.00 | -24,802.00 | -6,589.00 | 83.00 | -8,470.00 | -936.00 |
| 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 |
| Net Income | -274.00 | 204.00 | -9,742.00 | -16,202.00 | -22,860.00 | -17,186.00 | -20,331.00 | -24,802.00 | -6,589.00 | 83.00 | -8,470.00 | -936.00 |
| EBIT | 1,820.00 | 2,335.00 | -7,539.00 | -13,853.00 | -20,484.00 | -14,818.00 | -18,012.00 | -23,145.00 | -6,589.00 | 164.00 | -7,388.00 | 92.00 |
| Deprecation and Amortization | 109.81 | 45.00 | 208.00 | 729.00 | 100.00 | 100.00 | 340.00 | 1.00 | 202.00 | 1.00 | 207.00 | 3.00 |
| EBITDA | 1,929.81 | 2,380.00 | -7,331.00 | -13,124.00 | -20,384.00 | -14,718.00 | -17,672.00 | -23,144.00 | -6,387.00 | 165.00 | -7,181.00 | 95.00 |
| EPS | -0.00 | 0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0 | 0 | 0 |
| Diluted EPS | -0.00 | 0.00 | -0.00 | 0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0 | 0 | 0 |
| Average Shares Outstanding Basic | 9,490.08 | 9,488.06 | 94,837.34 | 67,441.54 | 46,805.43 | 46,502.27 | 46,483.67 | 46,073.93 | 43,023.38 | 40,304.92 | 0 | 0 |
| Average Shares Outstanding Diluted | 9,490.08 | 9,490.60 | 94,837.34 | 67,441.54 | 46,805.43 | 46,502.27 | 46,483.67 | 46,073.93 | 43,023.38 | 44,656.17 | 0 | 0 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-03-31 | 2022-09-30 | 2022-03-31 | 2021-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0 | 0 | -12,677.00 | -40,980.00 | 0 | 0 | -19,947.00 | 0 | -4,590.00 | 0 | -8,340.00 | -10,785.00 |
| Operating Net Income | -274.00 | 0 | -9,742.00 | -56,248.00 | 0 | 0 | -20,331.00 | 0 | -6,589.00 | 0 | -8,470.00 | -936.00 |
| Deprecation and Amortization | 109.81 | 45.00 | 208.00 | 729.00 | 100.00 | 100.00 | 340.00 | 1.00 | 202.00 | 1.00 | 207.00 | -3.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 0 | 0 | -5,542.00 | 6,237.00 | 0 | 0 | -4,055.00 | 0 | 1,206.00 | 0 | 163.00 | 38.00 |
| Other Operating Activities | 0 | 0 | 2,399.00 | 8,102.00 | 0 | 0 | 4,099.00 | 0 | 591.00 | 0 | -240.00 | -9,884.00 |
| Investing Cash Flow | 0 | 0 | 0 | -19.00 | 0 | 0 | 0 | 0 | -11.00 | 0 | 43,013.00 | 10,835.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | -27.00 | 0.00 | 0.00 | 0.00 | 0.00 | -11.00 | 0.00 | -5.00 | -311.00 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | -19.00 | 0 | 0 | 0 | 0 | -11.00 | 0 | -5.00 | -311.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,023.00 | 11,215.00 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 27.00 | 0 | 0 | 0 | 0 | 11.00 | 0 | 0.00 | 242.00 |
| Financing Cash Flow | 0 | 0 | -4,057.00 | 38,389.00 | 0 | 0 | -661.00 | 0 | 30,280.00 | 0 | -18.00 | 33,365.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | -98.00 | -768.00 | 0 | 0 | -156.00 | 0 | 0 | 0 | -1.00 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 151.00 | 0 | 0 | 4.00 | 0 | 30,308.00 | 26,900.00 | 0 | 28,390.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | -3,959.00 | 39,006.00 | 0 | 0 | -509.00 | 0 | -28.00 | 0 | -17.00 | 4,975.00 |
| Net Change in Cash | 0 | 0 | -16,734.00 | -2,610.00 | 0 | 0 | -20,608.00 | 0 | 25,679.00 | 0 | 34,655.00 | 33,415.00 |
| Cash at Beginning of Period | 0 | 0 | 46,329.00 | 48,939.00 | 0 | 0 | 69,547.00 | 0 | 34,273.00 | 0 | 15,752.00 | 10,686.00 |
| Cash at End of Period | 21,097.00 | 15,396.00 | 29,595.00 | 46,329.00 | 22,959.00 | 31,930.00 | 48,939.00 | 84,308.00 | 59,952.00 | 32,473.00 | 50,407.00 | 44,101.00 |
| Free Cash Flow | 0 | 0 | 0 | -60,954.00 | 0 | 0 | 0 | 0 | -4,601.00 | 0 | -8,345.00 | -11,096.00 |