Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings -51.66 -49.22 -21.00 -43.95
Price to Sales 9.00 9.90 5.52 13.17
Book Value Per Common Share 4.05 4.49 4.66 5.55 2.96
Price to Book 10.97 10.09 5.13 8.79
Price to Operating Cash Flow 43.06 83.17 220.44 715.25
Price to Free Cash Flow
Enterprise Value to EBITDA 10578709.99
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
Price to Earnings -63.86 -79.30 -126.41 -76.35 -82.71 -127.49 -33.20 -37.54 -74.31 -25.50 -37.59 -105.64 -69.15 -87.30
Price to Sales 14.46 19.76 33.40 16.04 21.78 45.50 9.66 13.05 26.26 8.76 15.38 53.44 24.15 36.49 72.87
Book Value Per Common Share 5.13 3.05 3.26 4.05 3.81 4.09 4.05 4.49 4.08 4.29 4.38 4.66 4.83 4.79 4.89 5.55 5.38 5.34 5.45 2.96
Price to Book 11.20 16.65 12.42 10.97 14.82 11.73 11.64 10.09 7.48 6.22 5.93 5.13 5.49 6.12 9.72 8.79 11.32 10.80 9.42
Price to Operating Cash Flow 53.03 63.81 67.01 69.21 77.75 91.47 68.09 68.18 76.55 343.52 316.97 209.61 930.43 534.51 267.40
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY
Revenue YoY 10.38 5.39 21.40 33.29
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 2023-06-30 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
Earning YoY
Revenue YoY 55.99 111.54 60.59 114.32 54.91 107.53 59.37 115.78 61.49 118.23
EBITDA YoY
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 10.89 4.43 5.53 7.65 8.43
Quick Ratio 1.98 2.13 3.24 4.36 1.98
Current Ratio 1.24 2.50 3.96 4.53 2.30
Debt to Equity 2.65 1.25 1.08 0.86 4.90
Long-Term Debt to Equity 1.09 0.63 0.62 0.50 2.96
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
Cash Per Common Share 15.00 17.04 12.40 10.80 17.69 12.95 11.04 4.44 10.30 6.20 4.88 5.61 7.13 7.18 7.43 7.49 7.76 7.75 7.36 8.43
Quick Ratio 3.46 2.68 2.14 1.98 3.52 4.66 4.42 2.13 4.63 3.06 2.78 3.24 4.16 4.14 4.42 4.36 4.86 4.75 4.65 1.98
Current Ratio 1.81 1.39 1.15 1.24 1.81 2.44 2.38 2.50 2.57 3.55 4.03 3.96 4.38 4.34 4.61 4.53 5.02 4.94 5.02 2.30
Debt to Equity 1.75 3.73 3.29 2.65 2.55 1.39 1.33 1.25 1.30 1.20 1.10 1.08 0.99 1.00 0.96 0.86 0.83 0.81 0.79 4.90
Long-Term Debt to Equity 0.87 1.47 1.36 1.09 1.16 0.66 0.67 0.63 0.70 0.66 0.65 0.62 0.60 0.60 0.60 0.50 0.52 0.49 0.48 2.96

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA -5.75 -9.14 -11.93 -10.54 -16.92
ROE -21.02 -20.61 -24.80 -19.59 -99.94
Gross Margin 82.97 85.63 85.26 84.77 84.88
Operating Margin -15.07 -17.41 -23.40 -27.60 -28.66
EBITDA Margin 0.86 -6.98 -14.09 -21.18 -20.80
Net Profit Margin -17.38 -20.22 -26.29 -29.95 -32.12
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
ROA -6.10 -4.43 -2.27 -5.44 -5.89 -3.84 -9.80 -7.43 -3.79 -10.75 -8.08 -4.64 -8.68 -6.65 -3.44
ROE -16.79 -20.97 -9.73 -19.31 -14.05 -8.95 -22.50 -16.36 -7.96 -21.37 -16.16 -9.10 -15.93 -12.03 -6.16
Gross Margin 78.80 79.12 78.73 82.73 82.08 81.28 84.81 84.28 83.57 84.05 82.86 81.50 84.06 83.04 81.97
Operating Margin -18.58 -20.01 -21.25 -17.63 -24.42 -34.28 -25.24 -29.90 -32.93 -31.75 -38.33 -47.98 -30.89 -38.08 -43.62
EBITDA Margin -6.77 -8.00 -9.41 -5.70 -11.08 -19.39 -13.96 -18.32 -23.60 -21.99 -27.88 -36.43 -23.39 -29.80 -34.92
Net Profit Margin -22.56 -24.81 -26.23 -21.09 -26.37 -35.51 -28.99 -34.57 -35.69 -34.37 -40.95 -50.66 -34.88 -42.04 -47.68

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 2023-06-30 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
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets 1,664,275.00 1,103,910.00 1,043,732.00 1,108,537.00 555,482.00
   Current Assets 878,074.00 767,157.00 905,657.00 959,207.00 419,848.00
   Deposits 39,450.00 49,800.00 128,350.00 1,850.00 30,053.00
      Cash and Short-Term Investments 1,215,734.00 483,915.00 604,138.00 805,761.00 268,209.00
            Cash and Cash Equivalents 185,585.00 230,740.00 367,800.00 805,761.00 234,092.00
            Short-Term Investments 1,030,149.00 253,175.00 236,338.00 0 34,117.00
      Net Receivables 192,832.00 169,116.00 135,979.00 117,179.00 94,229.00
      Inventory 0 0 0 0 0
      Other Current Assets -530,492.00 114,126.00 165,540.00 36,267.00 57,410.00
   Non-Current Assets 786,201.00 336,753.00 138,075.00 149,330.00 135,634.00
      Property, Plant, Equipment Net 76,388.00 85,802.00 95,815.00 102,047.00 85,087.00
      Goodwill 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00
      Intangible Assets 0 1,263.00 2,788.00 4,313.00 5,846.00
      Long-Term Investments 1,976,688.00 633,189.00 0 0 0
      Non-Current Deferred Assets 0 26,578.00 13,376.00 11,628.00 13,054.00
      Other Non-Current Assets -1,290,010.00 -433,214.00 2,961.00 8,207.00 8,512.00
Liabilities 1,208,619.00 614,262.00 541,607.00 511,944.00 461,411.00
   Current Liabilities 709,885.00 306,778.00 228,743.00 211,771.00 182,636.00
      Payables and Expenses 40,181.00 44,830.00 44,962.00 49,381.00 33,443.00
            Account Payables 4,313.00 672.00 2,962.00 5,324.00 850.00
            Current Accrued Liabilities 35,868.00 44,158.00 42,000.00 44,057.00 32,593.00
      Short-Term Debt 250,529.00 10,049.00 9,872.00 8,794.00 8,700.00
      Other Current Liabilities 419,175.00 251,899.00 173,909.00 153,596.00 140,493.00
   Non-Current Liabilities 498,734.00 307,484.00 312,864.00 300,173.00 278,775.00
      Long-Term Debt 493,032.00 552,267.00 306,590.00 294,024.00 273,000.00
      Other Non-Current Liabilities 5,702.00 -244,783.00 6,274.00 6,149.00 5,775.00
Equity 455,656.00 489,648.00 502,125.00 596,593.00 94,071.00
   Shareholders Equity 455,656.00 489,648.00 502,125.00 596,593.00 94,071.00
      Capital Stock 113.00 109.00 108.00 108.00 32.00
      Share Premium 1,193,022.00 1,142,578.00 1,055,048.00 987,211.00 395,410.00
      Retained Earnings -740,155.00 -644,390.00 -543,474.00 -418,956.00 -310,742.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 2,676.00 -8,649.00 -9,557.00 6,083.00 9,371.00
   Minority Interest 0 0 0 0 0
Investments 3,006,837.00 886,364.00 236,338.00 0 34,117.00
Debt 743,561.00 552,267.00 306,590.00 294,024.00 273,000.00
Net Debt 0 68,352.00 0 0 4,791.00
Common Shares Outstanding 112,550.16 109,103.72 107,673.05 107,509.10 31,818.95
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 550,950.00 499,160.00 473,634.00 390,134.00 292,689.00
Cost Of Revenue 93,847.00 71,751.00 69,836.00 59,399.00 44,261.00
Gross Profit 457,103.00 427,409.00 403,798.00 330,735.00 248,428.00
Operating Expenses 574,754.00 544,632.00 525,026.00 429,429.00 326,843.00
   Selling, General and Administrative Expenses 377,989.00 360,794.00 347,145.00 291,547.00 227,480.00
   Research and Development Expenses 196,765.00 183,838.00 177,881.00 137,882.00 99,363.00
   Other Operating Expenses 0.00 0.00 0.00 0.00 0.00
Operating Income -117,651.00 -117,223.00 -121,228.00 -98,694.00 -78,415.00
Net Non-Operating Income 34,644.00 30,305.00 10,413.00 -12,145.00 -7,483.00
Interest Expense 0.00 0.00 0.00 3,168.00 2,017.00
EBT -83,007.00 -86,918.00 -110,815.00 -110,839.00 -85,898.00
Income Tax 12,758.00 13,998.00 13,703.00 6,022.00 8,112.00
Net Income -95,765.00 -100,916.00 -124,518.00 -116,861.00 -94,010.00
EBIT -83,007.00 -86,918.00 -110,815.00 -107,671.00 -83,881.00
Deprecation and Amortization 87,734.00 52,056.00 44,089.00 25,035.00 23,009.00
EBITDA 4,727.00 -34,862.00 -66,726.00 -82,636.00 -60,872.00
EPS -0.00 -0.00 -0.00 -0.00 0
Diluted EPS -0.00 -0.00 -0.00 -0.00 0
Average Shares Outstanding Basic 111,660.54 109,141.89 109,281.37 105,305.96 0
Average Shares Outstanding Diluted 111,660.54 109,141.89 109,281.37 105,305.96 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 115,200.00 59,416.00 11,871.00 7,178.00 -5,842.00
   Operating Net Income -287,295.00 -100,916.00 -124,518.00 -116,861.00 -94,010.00
   Deprecation and Amortization 87,734.00 52,056.00 44,089.00 25,035.00 23,009.00
   Deferred Income Tax 18.00 86.00 258.00 1,244.00 -960.00
   Share Based Compensation 126,682.00 139,819.00 142,862.00 109,779.00 68,585.00
   Change in Working Capital 173,037.00 117,961.00 19,612.00 39,378.00 39,236.00
   Other Operating Activities 15,024.00 -149,590.00 -70,432.00 -51,397.00 -41,702.00
Investing Cash Flow -532,255.00 -143,076.00 -374,251.00 54,379.00 -54,748.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 6,694.00 5,099.00 11,417.00 10,490.00 10,116.00
   Net Purchase/Sale of Investments Net 1,370,233.00 517,948.00 277,871.00 0 -7,414.00
   Net Purchase/Sale of Business 0 0 0 0 29,369.00
   Other Investing Activities -1,909,182.00 -666,123.00 -663,539.00 43,889.00 -86,819.00
Financing Cash Flow 371,900.00 -53,400.00 -75,581.00 510,112.00 225,753.00
   Net Issuance/Repayment of Debt 451,136.00 0 0 0 245,308.00
   Net Issuance/Repurchase of Equity 16,082.00 55,059.00 68,384.00 510,112.00 9,793.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -95,318.00 -108,459.00 -143,965.00 0.00 -29,348.00
Net Change in Cash -45,155.00 -137,060.00 -437,961.00 571,669.00 165,163.00
   Cash at Beginning of Period 230,740.00 367,800.00 805,761.00 234,092.00 68,929.00
   Cash at End of Period 185,585.00 230,740.00 367,800.00 805,761.00 234,092.00
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 1,665,006.00 1,615,012.00 1,577,094.00 1,664,275.00 1,521,154.00 1,094,815.00 1,053,654.00 1,103,910.00 1,020,709.00 1,036,893.00 1,011,320.00 1,043,732.00 1,058,508.00 1,052,287.00 1,051,562.00 1,108,537.00 1,058,482.00 1,032,332.00 1,037,807.00 555,482.00
   Current Assets 961,386.00 1,068,363.00 818,090.00 878,074.00 1,074,369.00 816,144.00 707,759.00 767,157.00 686,082.00 905,324.00 876,044.00 905,657.00 916,593.00 906,592.00 903,507.00 959,207.00 911,549.00 896,956.00 899,836.00 419,848.00
   Deposits 36,632.00 36,587.00 41,588.00 39,450.00 34,174.00 44,846.00 45,280.00 49,800.00 76,186.00 77,139.00 226,850.00 128,350.00 10,871.00 6,856.00 0 1,850.00 2,276.00 12,276.00 42,284.00 30,053.00
      Cash and Short-Term Investments 1,699,159.00 1,914,121.00 1,396,679.00 1,215,734.00 1,969,922.00 1,436,598.00 1,214,280.00 483,915.00 1,124,311.00 676,615.00 529,420.00 604,138.00 779,480.00 781,907.00 804,091.00 805,761.00 811,154.00 801,392.00 781,686.00 268,209.00
            Cash and Cash Equivalents 157,354.00 199,231.00 153,107.00 185,585.00 282,218.00 155,403.00 147,051.00 230,740.00 111,196.00 399,196.00 248,585.00 367,800.00 754,245.00 753,172.00 775,719.00 805,761.00 803,144.00 781,357.00 753,606.00 234,092.00
            Short-Term Investments 1,541,805.00 1,714,890.00 1,243,572.00 1,030,149.00 1,687,704.00 1,281,195.00 1,067,229.00 253,175.00 1,013,115.00 277,419.00 280,835.00 236,338.00 25,235.00 28,735.00 28,372.00 0 8,010.00 20,035.00 28,080.00 34,117.00
      Net Receivables 142,628.00 149,703.00 123,579.00 192,832.00 119,203.00 122,412.00 100,441.00 169,116.00 111,084.00 103,668.00 75,393.00 135,979.00 91,685.00 83,929.00 63,604.00 117,179.00 71,382.00 60,145.00 51,302.00 94,229.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets -880,401.00 -995,461.00 -702,168.00 -530,492.00 -1,014,756.00 -742,866.00 -606,962.00 114,126.00 -549,313.00 125,041.00 271,231.00 165,540.00 45,428.00 40,756.00 35,812.00 36,267.00 29,013.00 35,419.00 66,848.00 57,410.00
   Non-Current Assets 703,620.00 546,649.00 759,004.00 786,201.00 446,785.00 278,671.00 345,895.00 336,753.00 334,627.00 131,569.00 135,276.00 138,075.00 141,915.00 145,695.00 148,055.00 149,330.00 146,933.00 135,376.00 137,971.00 135,634.00
      Property, Plant, Equipment Net 93,899.00 74,831.00 74,613.00 76,388.00 74,298.00 77,284.00 80,953.00 85,802.00 87,075.00 90,521.00 93,335.00 95,815.00 96,945.00 100,148.00 100,846.00 102,047.00 99,386.00 87,175.00 89,930.00 85,087.00
      Goodwill 135,176.00 39,750.00 39,750.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00 23,135.00
      Intangible Assets 17,332.00 5,844.00 6,014.00 0 119.00 500.00 881.00 1,263.00 1,644.00 2,025.00 2,406.00 2,788.00 3,169.00 3,550.00 3,931.00 4,313.00 4,695.00 5,078.00 5,462.00 5,846.00
      Long-Term Investments 1,186,953.00 1,092,609.00 1,775,106.00 1,976,688.00 996,987.00 488,916.00 679,098.00 633,189.00 619,320.00 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 26,578.00 0 0 0 13,376.00 0 0 0 11,628.00 0 0 0 13,054.00
      Other Non-Current Assets -729,740.00 -666,385.00 -1,136,479.00 -1,290,010.00 -647,754.00 -311,164.00 -438,172.00 -433,214.00 -396,547.00 15,888.00 16,400.00 2,961.00 18,666.00 18,862.00 20,143.00 8,207.00 19,717.00 19,988.00 19,444.00 8,512.00
Liabilities 1,060,171.00 1,273,513.00 1,209,351.00 1,208,619.00 1,092,594.00 636,209.00 601,305.00 614,262.00 576,136.00 566,184.00 530,042.00 541,607.00 526,201.00 525,855.00 515,784.00 511,944.00 481,512.00 461,946.00 459,217.00 461,411.00
   Current Liabilities 531,913.00 771,398.00 710,108.00 709,885.00 593,975.00 334,453.00 297,187.00 306,778.00 266,561.00 254,750.00 217,343.00 228,743.00 209,429.00 208,908.00 196,094.00 211,771.00 181,616.00 181,561.00 179,259.00 182,636.00
      Payables and Expenses 5,261.00 7,115.00 6,274.00 40,181.00 1,489.00 2,532.00 2,899.00 44,830.00 1,328.00 680.00 708.00 44,962.00 5,989.00 4,757.00 4,771.00 49,381.00 3,446.00 3,167.00 637.00 33,443.00
            Account Payables 5,261.00 7,115.00 6,274.00 4,313.00 1,489.00 2,532.00 2,899.00 672.00 1,328.00 680.00 708.00 2,962.00 5,989.00 4,757.00 4,771.00 5,324.00 3,446.00 3,167.00 637.00 850.00
            Current Accrued Liabilities 0 0 0 35,868.00 0 0 0 44,158.00 0 0 0 42,000.00 0 0 0 44,057.00 0 0 0 32,593.00
      Short-Term Debt 0 251,148.00 250,912.00 250,529.00 251,625.00 10,092.00 10,122.00 10,049.00 9,581.00 9,691.00 9,846.00 9,872.00 9,721.00 9,577.00 9,240.00 8,794.00 8,323.00 13,821.00 13,223.00 8,700.00
      Other Current Liabilities 526,652.00 513,135.00 452,922.00 419,175.00 340,861.00 321,829.00 284,166.00 251,899.00 255,652.00 244,379.00 206,789.00 173,909.00 193,719.00 194,574.00 182,083.00 153,596.00 169,847.00 164,573.00 165,399.00 140,493.00
   Non-Current Liabilities 528,258.00 502,115.00 499,243.00 498,734.00 498,619.00 301,756.00 304,118.00 307,484.00 309,575.00 311,434.00 312,699.00 312,864.00 316,772.00 316,947.00 319,690.00 300,173.00 299,896.00 280,385.00 279,958.00 278,775.00
      Long-Term Debt 511,675.00 491,112.00 491,305.00 493,032.00 493,413.00 296,653.00 298,869.00 552,267.00 551,625.00 552,997.00 554,671.00 306,590.00 556,045.00 558,414.00 561,478.00 294,024.00 517,486.00 496,434.00 494,681.00 273,000.00
      Other Non-Current Liabilities 16,583.00 11,003.00 7,938.00 5,702.00 5,206.00 5,103.00 5,249.00 -244,783.00 -242,050.00 -241,563.00 -241,972.00 6,274.00 -239,273.00 -241,467.00 -241,788.00 6,149.00 -217,590.00 -216,049.00 -214,723.00 5,775.00
Equity 604,835.00 341,499.00 367,743.00 455,656.00 428,560.00 458,606.00 452,349.00 489,648.00 444,573.00 470,709.00 481,278.00 502,125.00 532,307.00 526,432.00 535,778.00 596,593.00 576,970.00 570,386.00 578,590.00 94,071.00
   Shareholders Equity 604,835.00 341,499.00 367,743.00 455,656.00 428,560.00 458,606.00 452,349.00 489,648.00 444,573.00 470,709.00 481,278.00 502,125.00 532,307.00 526,432.00 535,778.00 596,593.00 576,970.00 570,386.00 578,590.00 94,071.00
      Capital Stock 118.00 112.00 113.00 113.00 112.00 112.00 112.00 109.00 109.00 110.00 110.00 108.00 110.00 110.00 110.00 108.00 107.00 107.00 106.00 32.00
      Share Premium 1,428,039.00 1,138,652.00 1,144,730.00 1,193,022.00 1,159,990.00 1,177,947.00 1,146,222.00 1,142,578.00 1,111,076.00 1,109,093.00 1,077,327.00 1,055,048.00 1,077,280.00 1,038,250.00 1,000,493.00 987,211.00 945,216.00 946,532.00 920,691.00 395,410.00
      Retained Earnings -841,704.00 -811,762.00 -775,938.00 -740,155.00 -727,161.00 -708,828.00 -684,880.00 -644,390.00 -643,492.00 -620,475.00 -581,778.00 -543,474.00 -532,726.00 -504,009.00 -467,719.00 -418,956.00 -402,660.00 -379,346.00 -346,398.00 -310,742.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 18,382.00 14,497.00 -1,162.00 2,676.00 -4,381.00 -10,625.00 -9,105.00 -8,649.00 -23,120.00 -18,019.00 -14,381.00 -9,557.00 -12,357.00 -7,919.00 2,894.00 6,083.00 2,528.00 3,093.00 4,191.00 9,371.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2,728,758.00 2,807,499.00 3,018,678.00 3,006,837.00 2,684,691.00 1,770,111.00 1,746,327.00 886,364.00 1,632,435.00 277,419.00 280,835.00 236,338.00 25,235.00 28,735.00 28,372.00 0 8,010.00 20,035.00 28,080.00 34,117.00
Debt 511,675.00 742,260.00 742,217.00 743,561.00 745,038.00 296,653.00 298,869.00 552,267.00 551,625.00 552,997.00 554,671.00 306,590.00 556,045.00 558,414.00 561,478.00 294,024.00 517,486.00 496,434.00 494,681.00 273,000.00
Net Debt 0 0 0 0 0 0 0 68,352.00 0 0 25,251.00 0 0 0 0 0 0 0 0 4,791.00
Common Shares Outstanding 117,897.31 112,047.11 112,882.61 112,550.16 112,422.07 112,179.62 111,589.11 109,103.72 108,953.06 109,818.56 109,791.86 107,673.05 110,213.86 109,886.20 109,566.20 107,509.10 107,321.06 106,914.03 106,147.40 31,818.95
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 450,163.00 288,586.00 136,423.00 -199,876.00 392,436.00 244,368.00 114,022.00 -175,989.00 345,061.00 222,753.00 107,335.00 -161,353.00 331,017.00 207,709.00 96,261.00 -111,410.00 263,556.00 163,203.00 74,785.00
Cost Of Revenue 95,416.00 60,267.00 29,018.00 -39,079.00 67,792.00 43,785.00 21,349.00 -33,313.00 52,404.00 35,023.00 17,637.00 -36,387.00 52,806.00 35,608.00 17,809.00 -23,787.00 42,021.00 27,683.00 13,482.00
Gross Profit 354,747.00 228,319.00 107,405.00 -160,797.00 324,644.00 200,583.00 92,673.00 -142,676.00 292,657.00 187,730.00 89,698.00 -124,966.00 278,211.00 172,101.00 78,452.00 -87,623.00 221,535.00 135,520.00 61,303.00
Operating Expenses 470,999.00 308,637.00 151,171.00 -267,337.00 424,743.00 277,042.00 140,306.00 -263,380.00 404,636.00 270,562.00 132,814.00 -248,711.00 389,446.00 257,754.00 126,537.00 -166,171.00 302,396.00 197,826.00 95,378.00
   Selling, General and Administrative Expenses 297,805.00 198,180.00 96,961.00 -177,296.00 278,524.00 184,282.00 92,479.00 -175,916.00 268,942.00 179,686.00 88,082.00 -161,774.00 256,583.00 169,369.00 82,967.00 -112,857.00 204,657.00 134,431.00 65,316.00
   Research and Development Expenses 173,194.00 110,457.00 54,210.00 -90,041.00 146,219.00 92,760.00 47,827.00 -87,464.00 135,694.00 90,876.00 44,732.00 -86,937.00 132,863.00 88,385.00 43,570.00 -53,314.00 97,739.00 63,395.00 30,062.00
   Other Operating Expenses 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
Operating Income -116,252.00 -80,318.00 -43,766.00 106,540.00 -100,099.00 -76,459.00 -47,633.00 120,704.00 -111,979.00 -82,832.00 -43,116.00 123,745.00 -111,235.00 -85,653.00 -48,085.00 78,548.00 -80,861.00 -62,306.00 -34,075.00
Net Non-Operating Income 24,724.00 16,918.00 11,951.00 -17,734.00 27,039.00 16,794.00 8,545.00 -18,578.00 24,872.00 16,238.00 7,773.00 -178.00 6,143.00 3,712.00 736.00 1,759.00 -8,058.00 -4,824.00 -1,022.00
Interest Expense 7,878.00 5,646.00 2,823.00 -3,892.00 3,892.00 0.00 0.00 0.00 0.00 0.00 0.00 -3,481.00 0.00 2,321.00 1,160.00 -11,783.00 7,495.00 4,977.00 2,479.00
EBT -91,528.00 -63,400.00 -31,815.00 88,806.00 -73,060.00 -59,665.00 -39,088.00 102,126.00 -87,107.00 -66,594.00 -35,343.00 123,567.00 -105,092.00 -81,941.00 -47,349.00 80,307.00 -88,919.00 -67,130.00 -35,097.00
Income Tax 10,021.00 8,207.00 3,968.00 -3,128.00 9,711.00 4,773.00 1,402.00 -12,281.00 12,911.00 10,407.00 2,961.00 499.00 8,678.00 3,112.00 1,414.00 990.00 2,999.00 1,474.00 559.00
Net Income -101,549.00 -71,607.00 -35,783.00 91,934.00 -82,771.00 -64,438.00 -40,490.00 114,407.00 -100,018.00 -77,001.00 -38,304.00 123,068.00 -113,770.00 -85,053.00 -48,763.00 79,317.00 -91,918.00 -68,604.00 -35,656.00
EBIT -83,650.00 -57,754.00 -28,992.00 84,914.00 -69,168.00 -59,665.00 -39,088.00 102,126.00 -87,107.00 -66,594.00 -35,343.00 120,086.00 -105,092.00 -79,620.00 -46,189.00 68,524.00 -81,424.00 -62,153.00 -32,618.00
Deprecation and Amortization 53,153.00 34,667.00 16,149.00 -8,629.00 46,787.00 32,598.00 16,978.00 -22,670.00 38,927.00 25,786.00 10,013.00 -21,042.00 32,297.00 21,709.00 11,125.00 -14,778.00 19,782.00 13,525.00 6,506.00
EBITDA -30,497.00 -23,087.00 -12,843.00 76,285.00 -22,381.00 -27,067.00 -22,110.00 79,456.00 -48,180.00 -40,808.00 -25,330.00 99,044.00 -72,795.00 -57,911.00 -35,064.00 53,746.00 -61,642.00 -48,628.00 -26,112.00
EPS -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
Diluted EPS -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
Average Shares Outstanding Basic 113,254.51 112,347.96 112,651.18 114,335.26 111,382.58 110,934.15 109,990.18 109,929.39 109,187.06 109,063.72 108,387.40 110,664.96 109,303.84 108,951.72 108,204.96 213,275.20 104,595.65 103,352.98 0
Average Shares Outstanding Diluted 113,254.51 112,347.96 112,651.18 114,335.26 111,382.58 110,934.15 109,990.18 109,929.39 109,187.06 109,063.72 108,387.40 110,664.96 109,303.84 108,951.72 108,204.96 213,275.20 104,595.65 103,352.98 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
Operating Cash Flow 122,747.00 89,349.00 68,000.00 -100,896.00 90,926.00 68,447.00 56,723.00 -69,019.00 48,969.00 42,636.00 36,830.00 -31,183.00 8,437.00 10,075.00 24,542.00 -31,190.00 6,840.00 11,145.00 20,383.00
   Operating Net Income -101,549.00 -71,607.00 -107,349.00 -99,596.00 -82,771.00 -64,438.00 -40,490.00 114,407.00 -100,018.00 -77,001.00 -38,304.00 123,068.00 -113,770.00 -85,053.00 -48,763.00 79,317.00 -91,918.00 -68,604.00 -35,656.00
   Deprecation and Amortization 53,153.00 34,667.00 16,149.00 -8,629.00 46,787.00 32,598.00 16,978.00 -22,670.00 38,927.00 25,786.00 10,013.00 -21,042.00 32,297.00 21,709.00 11,125.00 -14,778.00 19,782.00 13,525.00 6,506.00
   Deferred Income Tax 0 0 0 18.00 0 0 0 86.00 0 0 0 258.00 0 0 0 1,244.00 0 0 0
   Share Based Compensation 97,664.00 66,114.00 32,255.00 -61,706.00 94,113.00 62,182.00 32,093.00 -79,364.00 108,176.00 75,196.00 35,811.00 -74,948.00 108,056.00 73,756.00 35,998.00 -30,516.00 71,669.00 47,247.00 21,379.00
   Change in Working Capital 1,971.00 -1,410.00 -67,811.00 282,539.00 -6,488.00 -18,638.00 -84,376.00 192,181.00 4,575.00 -7,826.00 -70,969.00 183,884.00 -44,920.00 -49,388.00 -69,964.00 185,650.00 -38,834.00 -51,226.00 -56,212.00
   Other Operating Activities 71,508.00 61,585.00 194,756.00 -213,522.00 39,285.00 56,743.00 132,518.00 -273,659.00 -2,691.00 26,481.00 100,279.00 -242,403.00 26,774.00 49,051.00 96,146.00 -252,107.00 46,141.00 70,203.00 84,366.00
Investing Cash Flow -36,760.00 44,933.00 -25,017.00 109,522.00 -412,843.00 -116,968.00 -111,966.00 242,956.00 -253,426.00 9,909.00 -142,515.00 -260,464.00 -41,968.00 -39,949.00 -31,870.00 -25,169.00 52,222.00 32,171.00 -4,845.00
   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 11,196.00 6,691.00 2,664.00 2,939.00 2,342.00 1,116.00 297.00 -1,559.00 2,945.00 2,603.00 1,110.00 -5,867.00 7,655.00 6,134.00 3,495.00 3,108.00 4,120.00 2,146.00 1,116.00
   Net Purchase/Sale of Investments Net 553,526.00 185,154.00 113,654.00 278,598.00 733,853.00 211,200.00 146,582.00 694.00 360,501.00 80,548.00 76,205.00 129,912.00 90,852.00 28,735.00 28,372.00 0 26,106.00 14,082.00 -6,036.00
   Net Purchase/Sale of Business 0 18,584.00 18,584.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -601,482.00 -165,496.00 -159,919.00 -172,015.00 -1,149,038.00 -329,284.00 -258,845.00 243,821.00 -616,872.00 -73,242.00 -219,830.00 -384,509.00 -140,475.00 -74,818.00 -63,737.00 5,875.00 21,996.00 15,943.00 75.00
Financing Cash Flow -114,218.00 -120,636.00 -75,461.00 53,767.00 373,395.00 -26,816.00 -28,446.00 33,426.00 -52,147.00 -21,149.00 -13,530.00 -12,167.00 -17,985.00 -22,715.00 -22,714.00 -1,007,803.00 509,990.00 503,949.00 503,976.00
   Net Issuance/Repayment of Debt 251,576.00 0 0 1,037.00 450,099.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 114,349.00 107,163.00 68,427.00 -16,206.00 16,082.00 9,792.00 6,414.00 -21,669.00 54,868.00 13,488.00 8,372.00 44,648.00 11,509.00 6,116.00 6,111.00 -1,003,861.00 509,990.00 503,949.00 500,034.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -480,143.00 -227,799.00 -143,888.00 68,936.00 -92,786.00 -36,608.00 -34,860.00 55,095.00 -107,015.00 -34,637.00 -21,902.00 -56,815.00 -29,494.00 -28,831.00 -28,825.00 -3,942.00 0.00 0.00 3,942.00
Net Change in Cash -28,231.00 13,646.00 -32,478.00 62,393.00 51,478.00 -75,337.00 -83,689.00 207,363.00 -256,604.00 31,396.00 -119,215.00 -303,814.00 -51,516.00 -52,589.00 -30,042.00 -1,064,162.00 569,052.00 547,265.00 519,514.00
   Cash at Beginning of Period 185,585.00 185,585.00 185,585.00 123,192.00 230,740.00 230,740.00 230,740.00 23,377.00 367,800.00 367,800.00 367,800.00 671,614.00 805,761.00 805,761.00 805,761.00 1,869,923.00 234,092.00 234,092.00 234,092.00
   Cash at End of Period 157,354.00 199,231.00 153,107.00 185,585.00 282,218.00 155,403.00 147,051.00 230,740.00 111,196.00 399,196.00 248,585.00 367,800.00 754,245.00 753,172.00 775,719.00 805,761.00 803,144.00 781,357.00 753,606.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0