WEX

Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 23.10 31.23 36.05 -36.61
Price to Sales 2.72 3.27 3.09 3.39 5.72
Book Value Per Common Share 38.17 43.45 38.17 41.02 43.11
Price to Book 4.59 4.48 4.29 3.42 4.72
Price to Operating Cash Flow 14.86 9.17 10.69 41.74 10.41
Price to Free Cash Flow
Enterprise Value to EBITDA 92510.91 126381.89 105378.96 104249.63 762671.20
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 25.70 38.55 85.34 35.25 51.80 151.29 44.47 47.91 116.39 50.17 44.45 65.37 652.37 -236.46 -3487.00
Price to Sales 2.84 4.15 9.59 4.35 5.58 15.21 4.29 6.35 12.95 3.27 6.25 15.49 5.81 9.93 22.59
Book Value Per Common Share 32.61 57.07 23.70 38.17 42.15 42.98 42.43 43.45 38.17 41.02 41.15 40.07 42.06 43.11
Price to Book 4.83 2.57 6.63 4.59 4.98 4.12 5.60 4.48 4.29 3.42 4.28 4.84 4.97 4.72
Price to Operating Cash Flow 35.34 -24.77 -12.68 -55.17 -46.19 -64.77 55.40 78.68 292.45 12.41 -50.50 -49.77 -759.88 -70.84 -42.70
Price to Free Cash Flow
Enterprise Value to EBITDA 96590.76 140266.69 295228.07 144742.26 207606.05 591004.63 173953.77 223292.48 476996.62 131459.06 187535.76 356566.84 196042.34 376913.74 766662.52

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 21.83 37.22
Revenue YoY 3.14 8.40 27.02 18.63
EBITDA YoY 14.59 -3.90 11.18 411.92
Net Profit YoY 16.13 32.35 48.89
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 60.89 107.07 73.98 117.83 11.32 140.51 -27.71 28.21
Revenue YoY 53.38 103.60 50.18 103.17 52.82 101.52 55.22 115.59 55.47 111.86
EBITDA YoY 55.74 97.47 62.86 110.27 31.99 112.00 15.35 64.10 74.73 89.42
Net Profit YoY 57.45 95.24 72.18 116.87 11.27 140.15 -28.14 27.80 159.45 44.34

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 106.88 93.41 52.19 34.38 19.65
Quick Ratio 0.92 0.91 0.95 1.04 1.08
Current Ratio 1.02 1.05 1.08 1.20 1.28
Debt to Equity 7.95 6.63 5.99 3.92 3.02
Long-Term Debt to Equity 2.35 1.95 2.17 1.82 1.67
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 138.05 134.28 114.11 111.81 103.10 95.82 97.72 95.42 83.33 82.38 78.89 53.62 47.91 41.94 34.63 34.30 11.95 9.54 12.66 19.50
Quick Ratio 0.98 0.97 0.97 0.92 0.96 0.92 0.92 0.91 0.91 0.90 0.96 0.95 0.99 1.08 1.06 1.04 1.03 0.97 0.97 1.08
Current Ratio 1.05 1.04 1.05 1.02 1.04 1.03 1.06 1.05 1.03 1.04 1.07 1.08 1.12 1.16 1.21 1.20 1.23 1.16 1.12 1.28
Debt to Equity 11.91 13.99 16.23 7.95 7.32 6.99 7.11 6.63 7.19 6.55 6.62 5.99 6.30 5.78 4.88 3.92 3.67 3.65 3.10 3.02
Long-Term Debt to Equity 3.63 4.29 5.42 2.35 2.13 1.90 2.06 1.95 1.97 1.83 2.13 2.17 2.37 2.26 2.16 1.82 1.90 1.88 1.47 1.67

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.32 1.92 1.75 1.31 -2.98
ROE 20.80 14.64 12.21 6.46 -11.97
Gross Margin 25.85 29.78 23.60 26.97 16.72
Operating Margin 15.90 14.47 17.50 17.96 -9.23
EBITDA Margin 28.12 25.31 28.56 32.62 7.56
Net Profit Margin 11.78 10.46 8.57 7.31 -15.62
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 1.52 0.95 0.51 1.76 1.00 0.46 1.31 1.22 0.53 0.95 1.27 1.08 0.88 0.35 0.27
ROE 19.65 14.26 8.82 14.65 8.00 3.70 10.71 9.23 4.07 6.91 8.64 6.37 4.14 1.64 1.11
Gross Margin 22.62 21.86 20.81 28.68 26.79 24.94 23.34 20.79 17.99 24.36 26.29 24.90 27.60 27.15 25.89
Operating Margin 15.60 14.94 15.77 16.93 14.79 13.79 13.82 17.51 16.05 13.40 21.59 31.01 14.82 11.12 13.35
EBITDA Margin 28.14 27.71 28.57 28.96 26.70 25.80 24.50 28.36 26.96 24.61 33.11 43.50 29.76 26.48 29.62
Net Profit Margin 11.06 10.77 11.23 12.34 10.76 10.08 9.64 13.24 11.11 6.51 14.06 23.72 6.22 3.73 5.47

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 13,321,600.00 13,882,100.00 11,529,229.00 10,306,828.00 8,183,361.00
   Current Assets 8,515,500.00 8,935,300.00 6,817,149.00 5,299,512.00 3,502,847.00
   Deposits 4,452,700.00 4,072,600.00 3,478,785.00 2,678,634.00 1,059,986.00
      Cash and Short-Term Investments 4,360,500.00 3,997,900.00 2,317,250.00 1,537,600.00 861,633.00
            Cash and Cash Equivalents 595,800.00 975,800.00 921,978.00 588,923.00 852,033.00
            Short-Term Investments 3,764,700.00 3,022,100.00 1,395,272.00 948,677.00 9,600.00
      Net Receivables 3,304,200.00 3,775,200.00 3,658,761.00 3,016,428.00 2,086,565.00
      Inventory 0 0 0 0 0
      Other Current Assets 850,800.00 1,162,200.00 841,138.00 745,484.00 554,649.00
   Non-Current Assets 4,806,100.00 4,946,800.00 4,712,080.00 5,007,316.00 4,680,514.00
      Property, Plant, Equipment Net 315,800.00 304,700.00 269,122.00 259,015.00 273,374.00
      Goodwill 6,243,600.00 6,117,300.00 5,553,178.00 6,354,848.00 5,442,076.00
      Intangible Assets 1,260,000.00 1,458,700.00 1,473,600.00 1,643,296.00 1,552,012.00
      Long-Term Investments 80,500.00 66,800.00 47,998.00 39,650.00 0
      Non-Current Deferred Assets 18,300.00 13,700.00 13,364.00 5,635.00 17,524.00
      Other Non-Current Assets -3,112,100.00 -3,014,400.00 -2,645,182.00 -3,295,128.00 -2,604,472.00
Liabilities 11,832,800.00 12,061,500.00 9,879,716.00 8,213,949.00 6,148,225.00
   Current Liabilities 8,327,300.00 8,519,200.00 6,294,067.00 4,399,699.00 2,740,853.00
      Payables and Expenses 0 0 0 0 0
            Account Payables 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0
      Short-Term Debt 1,293,200.00 1,041,100.00 202,638.00 155,769.00 152,730.00
      Other Current Liabilities 7,034,100.00 7,478,100.00 6,091,429.00 4,243,930.00 2,588,123.00
   Non-Current Liabilities 3,505,500.00 3,542,300.00 3,585,649.00 3,814,250.00 3,407,372.00
      Long-Term Debt 3,082,100.00 2,827,500.00 2,522,206.00 2,695,365.00 2,874,113.00
      Other Non-Current Liabilities 423,400.00 714,800.00 1,063,443.00 1,118,885.00 533,259.00
Equity 1,488,800.00 1,820,600.00 1,649,513.00 2,092,879.00 2,035,136.00
   Shareholders Equity 1,488,800.00 1,820,600.00 1,649,513.00 1,838,773.00 1,904,895.00
      Capital Stock 500.00 500.00 495.00 492.00 485.00
      Share Premium 1,149,700.00 1,053,000.00 928,008.00 844,051.00 872,711.00
      Retained Earnings 2,066,800.00 1,757,100.00 1,490,527.00 1,289,089.00 1,286,976.00
      Treasury Shares 1,416,000.00 760,800.00 463,179.00 172,342.00 172,342.00
      Accumulated Other Comprehensive Income -312,300.00 -229,200.00 -306,338.00 -122,517.00 -82,935.00
   Minority Interest 0 0 0 0 13,022.00
Investments 3,845,200.00 3,088,900.00 1,443,270.00 988,327.00 59,147.00
Debt 4,375,300.00 3,868,600.00 2,724,844.00 2,851,134.00 3,026,843.00
Net Debt 14,800.00 0 407,594.00 1,313,534.00 2,165,210.00
Common Shares Outstanding 39,000.00 41,900.00 43,220.00 44,827.00 44,188.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 2,628,100.00 2,548,000.00 2,350,511.00 1,850,542.00 1,559,869.00
Cost Of Revenue 1,948,700.00 1,789,100.00 1,795,706.00 1,351,414.00 1,299,061.00
Interest Income 0 0 0 132,908.00 162,930.00
Interest Expense 0.00 0.00 150,890.00 128,422.00 157,080.00
Net Interest 0 0 0 4,486.00 5,850.00
Provisions for Credit Losses 0 0 0 45,114.00 78,443.00
Gross Profit 679,400.00 758,900.00 554,805.00 499,128.00 260,808.00
Operating Expenses -6,900.00 111,800.00 84,963.00 157,128.00 352,481.00
   Selling, General and Administrative Expenses 716,800.00 755,800.00 655,734.00 645,956.00 558,793.00
   Other Operating Expenses -723,700.00 -644,000.00 -570,771.00 -488,828.00 -206,312.00
Operating Income 686,300.00 647,100.00 469,842.00 342,000.00 -91,673.00
Net Non-Operating Income -268,500.00 -278,300.00 -209,296.00 -138,054.00 -209,408.00
EBT 417,800.00 368,800.00 260,546.00 203,946.00 -301,081.00
Income Tax 108,200.00 102,200.00 93,085.00 67,807.00 20,597.00
Net Income Including Non-Controlling Interests 309,600.00 266,600.00 201,170.00 134,447.00 -247,104.00
Net Income Non-Controlling Interests 0.00 0.00 268.00 846.00 3,466.00
Net Income 309,600.00 266,600.00 201,438.00 135,293.00 -243,638.00
EBIT 417,800.00 368,800.00 411,436.00 332,368.00 -144,001.00
Deprecation and Amortization 321,300.00 276,200.00 259,760.00 271,317.00 261,926.00
EBITDA 739,100.00 645,000.00 671,196.00 603,685.00 117,925.00
EPS 0.01 0.01 0.00 0 -0.01
Diluted EPS 0.01 0.01 0.00 0 -0.01
Average Shares Outstanding Basic 40,800.00 42,800.00 44,398.00 44,718.00 43,842.00
Average Shares Outstanding Diluted 41,300.00 43,300.00 44,724.00 45,312.00 43,842.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 481,400.00 907,900.00 679,425.00 150,398.00 857,019.00
   Operating Net Income 309,600.00 266,600.00 167,461.00 136,139.00 -280,484.00
   Deprecation and Amortization 321,300.00 276,200.00 259,760.00 271,317.00 261,926.00
   Deferred Income Tax 11,100.00 -21,300.00 -60,150.00 12,878.00 -29,342.00
   Share Based Compensation 224,100.00 258,600.00 198,590.00 151,308.00 129,704.00
   Change in Working Capital -383,500.00 62,900.00 386,664.00 480,491.00 -16,849.00
   Other Operating Activities -1,200.00 64,900.00 -272,900.00 -901,735.00 792,064.00
Investing Cash Flow -960,600.00 -2,138,300.00 -716,654.00 -1,601,106.00 -329,086.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 152,400.00 148,100.00 116,213.00 86,041.00 80,471.00
   Net Purchase/Sale of Investments Net 1,766,000.00 1,965,800.00 719,257.00 1,029,308.00 6,640.00
   Net Purchase/Sale of Business 403,800.00 402,000.00 0 1,201,168.00 243,174.00
   Other Investing Activities -3,282,800.00 -4,654,200.00 -1,552,124.00 -3,917,623.00 -659,371.00
Financing Cash Flow -260,300.00 1,573,300.00 681,259.00 1,403,269.00 -179,256.00
   Net Issuance/Repayment of Debt 22,461,300.00 6,727,700.00 4,997,599.00 3,769,178.00 1,030,676.00
   Net Issuance/Repurchase of Equity 969,100.00 319,500.00 287,739.00 44,197.00 99,273.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -23,690,700.00 -5,473,900.00 -4,604,079.00 -2,410,106.00 -1,309,205.00
Net Change in Cash -793,000.00 370,300.00 602,895.00 -72,815.00 348,272.00
   Cash at Beginning of Period 2,230,000.00 1,859,700.00 1,256,838.00 1,329,653.00 981,381.00
   Cash at End of Period 1,437,000.00 2,230,000.00 1,859,733.00 1,256,838.00 1,329,653.00
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 14,433,300.00 14,673,500.00 13,964,400.00 13,321,600.00 13,961,400.00 14,246,900.00 14,421,800.00 13,882,100.00 13,900,400.00 13,348,000.00 12,727,300.00 11,529,229.00 11,909,148.00 12,322,921.00 11,333,392.00 10,306,828.00 9,514,131.00 9,227,610.00 8,316,733.00 8,183,361.00
   Current Assets 9,715,500.00 9,896,900.00 9,171,000.00 8,515,500.00 9,109,400.00 9,383,100.00 9,534,500.00 8,935,300.00 9,131,800.00 8,704,600.00 8,051,200.00 6,817,149.00 7,198,727.00 7,426,034.00 6,337,739.00 5,299,512.00 4,435,754.00 4,093,922.00 3,708,411.00 3,502,847.00
   Deposits 240,200.00 198,200.00 278,000.00 4,452,700.00 4,461,500.00 4,288,800.00 4,205,600.00 4,072,600.00 4,368,300.00 4,321,900.00 4,446,500.00 3,478,785.00 3,635,712.00 3,474,659.00 2,875,695.00 2,678,634.00 1,616,823.00 1,510,662.00 1,162,048.00 1,059,986.00
      Cash and Short-Term Investments 4,942,100.00 4,914,800.00 4,438,800.00 4,360,500.00 4,258,000.00 4,005,100.00 4,084,500.00 3,997,900.00 3,583,000.00 3,542,500.00 3,400,200.00 2,317,250.00 2,138,786.00 1,881,170.00 1,555,293.00 1,537,600.00 533,830.00 425,322.00 561,199.00 861,633.00
            Cash and Cash Equivalents 812,900.00 772,600.00 610,300.00 595,800.00 535,400.00 682,600.00 779,600.00 975,800.00 957,800.00 901,400.00 921,700.00 921,978.00 759,375.00 438,754.00 577,536.00 588,923.00 533,830.00 425,322.00 561,199.00 852,033.00
            Short-Term Investments 4,129,200.00 4,142,200.00 3,828,500.00 3,764,700.00 3,722,600.00 3,322,500.00 3,304,900.00 3,022,100.00 2,625,200.00 2,641,100.00 2,478,500.00 1,395,272.00 1,379,411.00 1,442,416.00 977,757.00 948,677.00 0 0 0 9,600.00
      Net Receivables 4,170,600.00 4,253,200.00 4,093,500.00 3,304,200.00 4,131,300.00 4,336,500.00 4,211,800.00 3,775,200.00 4,449,800.00 3,996,600.00 3,792,900.00 3,658,761.00 4,239,830.00 5,056,673.00 4,023,339.00 3,016,428.00 3,180,213.00 2,993,994.00 2,639,759.00 2,086,565.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 602,800.00 728,900.00 638,700.00 850,800.00 720,100.00 1,041,500.00 1,238,200.00 1,162,200.00 1,099,000.00 1,165,500.00 858,100.00 841,138.00 820,111.00 488,191.00 759,107.00 745,484.00 721,711.00 674,606.00 507,453.00 554,649.00
   Non-Current Assets 4,717,800.00 4,776,600.00 4,793,400.00 4,806,100.00 4,852,000.00 4,863,800.00 4,887,300.00 4,946,800.00 4,768,600.00 4,643,400.00 4,676,100.00 4,712,080.00 4,710,421.00 4,896,887.00 4,995,653.00 5,007,316.00 5,078,377.00 5,133,688.00 4,608,322.00 4,680,514.00
      Property, Plant, Equipment Net 258,500.00 257,600.00 258,800.00 315,800.00 261,300.00 256,900.00 249,500.00 304,700.00 228,900.00 222,200.00 209,800.00 269,122.00 186,819.00 180,954.00 177,768.00 259,015.00 178,797.00 180,049.00 182,911.00 273,374.00
      Goodwill 3,011,700.00 3,011,500.00 2,989,900.00 6,243,600.00 3,301,700.00 3,283,000.00 3,285,600.00 6,117,300.00 2,879,900.00 2,728,200.00 2,725,900.00 5,553,178.00 2,871,422.00 3,041,793.00 3,084,333.00 6,354,848.00 3,443,108.00 3,294,439.00 3,125,853.00 5,442,076.00
      Intangible Assets 1,135,100.00 1,183,100.00 1,228,500.00 1,260,000.00 1,313,800.00 1,362,000.00 1,406,300.00 1,458,700.00 1,443,400.00 1,393,800.00 1,438,000.00 1,473,600.00 1,513,689.00 1,555,005.00 1,600,058.00 1,643,296.00 1,690,916.00 1,738,570.00 1,413,377.00 1,552,012.00
      Long-Term Investments 81,000.00 80,900.00 81,600.00 80,500.00 73,700.00 65,700.00 66,100.00 66,800.00 46,800.00 48,000.00 48,800.00 47,998.00 36,005.00 37,253.00 38,209.00 39,650.00 0 0 0 0
      Non-Current Deferred Assets 16,800.00 22,200.00 18,300.00 18,300.00 16,000.00 14,600.00 14,800.00 13,700.00 11,600.00 10,800.00 14,100.00 13,364.00 20,667.00 7,010.00 6,598.00 5,635.00 36,431.00 34,166.00 21,050.00 17,524.00
      Other Non-Current Assets 214,700.00 221,300.00 216,300.00 -3,112,100.00 -114,500.00 -118,400.00 -135,000.00 -3,014,400.00 158,000.00 240,400.00 239,500.00 -2,645,182.00 81,819.00 74,872.00 88,687.00 -3,295,128.00 -270,875.00 -113,536.00 -134,869.00 -2,604,472.00
Liabilities 13,314,900.00 13,694,700.00 13,154,000.00 11,832,800.00 12,284,000.00 12,463,300.00 12,644,100.00 12,061,500.00 12,204,100.00 11,579,300.00 11,056,800.00 9,879,716.00 10,278,062.00 10,506,554.00 9,406,942.00 8,213,949.00 7,478,399.00 7,244,751.00 6,285,891.00 6,148,225.00
   Current Liabilities 9,253,400.00 9,497,400.00 8,761,000.00 8,327,300.00 8,718,100.00 9,069,600.00 8,985,500.00 8,519,200.00 8,856,300.00 8,334,400.00 7,502,600.00 6,294,067.00 6,414,257.00 6,398,878.00 5,253,445.00 4,399,699.00 3,604,635.00 3,515,759.00 3,307,745.00 2,740,853.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 1,306,800.00 1,532,500.00 1,485,500.00 1,293,200.00 1,435,400.00 1,248,600.00 1,113,000.00 1,041,100.00 957,300.00 723,000.00 290,400.00 202,638.00 156,483.00 175,834.00 157,622.00 155,769.00 183,244.00 146,470.00 354,298.00 152,730.00
      Other Current Liabilities 7,946,600.00 7,964,900.00 7,275,500.00 7,034,100.00 7,282,700.00 7,821,000.00 7,872,500.00 7,478,100.00 7,899,000.00 7,611,400.00 7,212,200.00 6,091,429.00 6,257,774.00 6,223,044.00 5,095,823.00 4,243,930.00 3,421,391.00 3,369,289.00 2,953,447.00 2,588,123.00
   Non-Current Liabilities 4,061,500.00 4,197,300.00 4,393,000.00 3,505,500.00 3,565,900.00 3,393,700.00 3,658,600.00 3,542,300.00 3,347,800.00 3,244,900.00 3,554,200.00 3,585,649.00 3,863,805.00 4,107,676.00 4,153,497.00 3,814,250.00 3,873,764.00 3,728,992.00 2,978,146.00 3,407,372.00
      Long-Term Debt 3,719,100.00 3,909,100.00 4,099,500.00 3,082,100.00 3,143,300.00 2,959,600.00 3,081,500.00 2,827,500.00 2,650,100.00 2,499,100.00 2,631,300.00 2,522,206.00 2,665,178.00 2,761,531.00 2,773,630.00 2,695,365.00 2,802,317.00 2,867,270.00 2,508,311.00 2,874,113.00
      Other Non-Current Liabilities 342,400.00 288,200.00 293,500.00 423,400.00 422,600.00 434,100.00 577,100.00 714,800.00 697,700.00 745,800.00 922,900.00 1,063,443.00 1,198,627.00 1,346,145.00 1,379,867.00 1,118,885.00 1,071,447.00 861,722.00 469,835.00 533,259.00
Equity 1,118,400.00 978,800.00 810,400.00 1,488,800.00 1,677,400.00 1,783,600.00 1,777,700.00 1,820,600.00 1,696,300.00 1,768,700.00 1,670,500.00 1,649,513.00 1,631,086.00 1,816,367.00 1,926,450.00 2,092,879.00 2,035,732.00 1,982,859.00 2,030,842.00 2,035,136.00
   Shareholders Equity 1,118,400.00 1,957,500.00 810,400.00 1,488,800.00 1,677,500.00 1,783,500.00 1,777,700.00 1,820,600.00 0 0 0 1,649,513.00 0 0 0 1,838,773.00 1,844,245.00 1,794,922.00 1,875,149.00 1,904,895.00
      Capital Stock 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 500.00 495.00 495.00 495.00 494.00 492.00 491.00 491.00 489.00 485.00
      Share Premium 1,190,100.00 1,160,600.00 1,134,200.00 1,149,700.00 1,068,300.00 1,099,600.00 1,065,200.00 1,053,000.00 1,018,300.00 981,300.00 950,800.00 928,008.00 907,486.00 880,518.00 856,325.00 844,051.00 830,074.00 808,701.00 850,108.00 872,711.00
      Retained Earnings 2,286,700.00 2,206,400.00 2,138,300.00 2,066,800.00 2,002,800.00 1,899,900.00 1,822,900.00 1,757,100.00 1,672,200.00 1,653,800.00 1,558,500.00 1,490,527.00 1,401,836.00 1,445,981.00 1,411,852.00 1,289,089.00 1,300,849.00 1,252,531.00 1,286,387.00 1,286,976.00
      Treasury Shares 2,217,700.00 2,217,600.00 2,217,500.00 1,416,000.00 1,248,300.00 935,300.00 834,400.00 760,800.00 609,200.00 559,200.00 556,000.00 463,179.00 321,950.00 252,941.00 172,342.00 172,342.00 172,342.00 172,342.00 172,342.00 172,342.00
      Accumulated Other Comprehensive Income -141,200.00 -171,100.00 -245,100.00 -312,300.00 -145,800.00 -281,200.00 -276,500.00 -229,200.00 -385,500.00 -307,700.00 -283,300.00 -306,338.00 -356,781.00 -257,686.00 -169,879.00 -122,517.00 -114,827.00 -94,459.00 -89,493.00 -82,935.00
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13,077.00 13,022.00
Investments 4,210,200.00 4,223,100.00 3,910,100.00 3,845,200.00 3,796,300.00 3,388,200.00 3,371,000.00 3,088,900.00 2,672,000.00 2,689,100.00 2,527,300.00 1,443,270.00 1,415,416.00 1,479,669.00 1,015,966.00 988,327.00 65,692.00 57,771.00 55,143.00 59,147.00
Debt 5,025,900.00 5,441,600.00 5,585,000.00 4,375,300.00 4,578,700.00 4,208,200.00 4,194,500.00 3,868,600.00 3,607,400.00 3,222,100.00 2,921,700.00 2,724,844.00 2,821,661.00 2,937,365.00 2,931,252.00 2,851,134.00 2,985,561.00 3,013,740.00 2,862,609.00 3,026,843.00
Net Debt 83,800.00 526,800.00 1,146,200.00 14,800.00 320,700.00 203,100.00 110,000.00 0 24,400.00 0 0 407,594.00 682,875.00 1,056,195.00 1,375,959.00 1,313,534.00 2,451,731.00 2,588,418.00 2,301,410.00 2,165,210.00
Common Shares Outstanding 34,300.00 34,300.00 34,200.00 39,000.00 39,800.00 41,500.00 41,900.00 41,900.00 42,700.00 42,900.00 42,800.00 43,220.00 44,130.00 44,534.00 44,981.00 44,827.00 44,817.00 44,796.00 44,582.00 44,188.00
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
Revenues 1,987,900.00 1,296,100.00 636,600.00 -1,342,300.00 1,991,600.00 1,326,100.00 652,700.00 -1,182,000.00 1,884,700.00 1,233,300.00 612,000.00 -1,014,697.00 1,731,901.00 1,115,772.00 517,535.00 -783,459.00 1,353,004.00 870,240.00 410,757.00
Cost Of Revenue 1,538,300.00 1,012,800.00 504,100.00 -932,400.00 1,420,400.00 970,800.00 489,900.00 -1,134,600.00 1,444,900.00 976,900.00 501,900.00 -725,364.00 1,310,016.00 822,406.00 388,648.00 -566,558.00 979,581.00 633,967.00 304,424.00
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -66,961.00 99,469.00 66,793.00 33,607.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -36,236.00 95,928.00 61,509.00 29,689.00 -68,869.00 98,250.00 65,757.00 33,284.00
Net Interest 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,908.00 1,219.00 1,036.00 323.00
Provisions for Credit Losses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45,114.00 0 0 0
Gross Profit 449,600.00 283,300.00 132,500.00 -409,900.00 571,200.00 355,300.00 162,800.00 -47,400.00 439,800.00 256,400.00 110,100.00 -289,333.00 421,885.00 293,366.00 128,887.00 -216,901.00 373,423.00 236,273.00 106,333.00
Operating Expenses -48,000.00 -30,700.00 -24,800.00 1,396,700.00 -849,700.00 -552,200.00 -1,700.00 262,100.00 -48,800.00 -57,300.00 -44,200.00 -28,803.00 107,192.00 -39.00 6,613.00 -141,900.00 139,782.00 103,454.00 55,792.00
   Selling, General and Administrative Expenses 537,800.00 348,600.00 164,600.00 -367,000.00 541,500.00 368,500.00 173,800.00 -320,200.00 553,300.00 353,900.00 168,800.00 -297,322.00 483,918.00 316,530.00 152,608.00 -340,385.00 491,637.00 329,926.00 164,778.00
   Other Operating Expenses -585,800.00 -379,300.00 -189,400.00 1,763,700.00 -1,391,200.00 -920,700.00 -175,500.00 582,300.00 -602,100.00 -411,200.00 -213,000.00 268,519.00 -376,726.00 -316,569.00 -145,995.00 198,485.00 -351,855.00 -226,472.00 -108,986.00
Operating Income 497,600.00 314,000.00 157,300.00 -1,806,600.00 1,420,900.00 907,500.00 164,500.00 -309,500.00 488,600.00 313,700.00 154,300.00 -260,530.00 314,693.00 293,405.00 122,274.00 -75,001.00 233,641.00 132,819.00 50,541.00
Net Non-Operating Income -187,400.00 -120,300.00 -56,900.00 1,601,100.00 -1,083,700.00 -711,400.00 -74,500.00 103,700.00 -228,200.00 -97,700.00 -56,100.00 74,764.00 -178,614.00 -113,990.00 8,544.00 124,214.00 -131,438.00 -101,824.00 -29,006.00
EBT 310,200.00 193,700.00 100,400.00 -205,500.00 337,200.00 196,100.00 90,000.00 -205,800.00 260,400.00 216,000.00 98,200.00 -185,766.00 136,079.00 179,415.00 130,818.00 49,213.00 102,203.00 30,995.00 21,535.00
Income Tax 90,300.00 54,100.00 28,900.00 -61,000.00 91,600.00 53,400.00 24,200.00 -59,400.00 78,700.00 52,700.00 30,200.00 -62,756.00 57,309.00 56,500.00 42,032.00 46,797.00 16,924.00 2,416.00 1,670.00
Net Income Including Non-Controlling Interests 0 0 0 309,600.00 0 0 0 -146,400.00 181,700.00 163,300.00 68,000.00 -190,428.00 112,479.00 156,624.00 122,495.00 -1,868.00 83,081.00 31,481.00 21,753.00
Net Income Non-Controlling Interests 0 0 0 0.00 0 0 0 0.00 0.00 0.00 0.00 -536.00 268.00 268.00 268.00 -1,944.00 1,099.00 965.00 726.00
Net Income 219,800.00 139,600.00 71,500.00 -144,600.00 245,700.00 142,700.00 65,800.00 -146,400.00 181,700.00 163,300.00 68,000.00 -190,964.00 112,747.00 156,892.00 122,763.00 -3,812.00 84,180.00 32,446.00 22,479.00
EBIT 310,200.00 193,700.00 100,400.00 -205,500.00 337,200.00 196,100.00 90,000.00 -205,800.00 260,400.00 216,000.00 98,200.00 -222,002.00 232,007.00 240,924.00 160,507.00 -19,656.00 200,453.00 96,752.00 54,819.00
Deprecation and Amortization 249,200.00 165,500.00 81,500.00 -154,600.00 239,500.00 158,000.00 78,400.00 -125,700.00 201,300.00 133,800.00 66,800.00 -127,469.00 194,128.00 128,489.00 64,612.00 -131,465.00 202,231.00 133,704.00 66,847.00
EBITDA 559,400.00 359,200.00 181,900.00 -360,100.00 576,700.00 354,100.00 168,400.00 -331,500.00 461,700.00 349,800.00 165,000.00 -349,471.00 426,135.00 369,413.00 225,119.00 -151,121.00 402,684.00 230,456.00 121,666.00
EPS 0.01 0.00 0.00 -0.00 0.01 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
Diluted EPS 0.01 0.00 0.00 0.00 0.01 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
Average Shares Outstanding Basic 35,800.00 36,600.00 38,900.00 38,300.00 41,300.00 41,800.00 41,800.00 42,100.00 43,000.00 43,000.00 43,100.00 43,185.00 44,644.00 44,851.00 44,912.00 45,299.00 44,664.00 44,566.00 44,343.00
Average Shares Outstanding Diluted 36,200.00 36,900.00 39,400.00 38,900.00 41,700.00 42,200.00 42,400.00 42,600.00 43,500.00 43,500.00 43,600.00 43,369.00 44,972.00 45,211.00 45,344.00 47,005.00 45,334.00 44,566.00 44,343.00
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 159,600.00 -217,000.00 -481,600.00 952,000.00 -157,000.00 -160,300.00 -153,300.00 635,300.00 146,000.00 99,500.00 27,100.00 521,976.00 456,644.00 -138,165.00 -161,030.00 500,030.00 -10,355.00 -121,982.00 -217,295.00
   Operating Net Income 219,800.00 139,600.00 71,500.00 -144,600.00 245,700.00 142,700.00 65,800.00 -146,400.00 181,700.00 163,300.00 68,000.00 -123,010.00 78,770.00 122,915.00 88,786.00 -5,756.00 85,279.00 33,411.00 23,205.00
   Deprecation and Amortization 249,200.00 165,500.00 81,500.00 -154,600.00 239,500.00 158,000.00 78,400.00 -125,700.00 201,300.00 133,800.00 66,800.00 -127,469.00 194,128.00 128,489.00 64,612.00 -131,465.00 202,231.00 133,704.00 66,847.00
   Deferred Income Tax 0 0 0 11,100.00 0 0 0 -5,700.00 -400.00 -9,100.00 -6,100.00 -5,216.00 -54,085.00 -15,049.00 14,200.00 39,720.00 -8,829.00 -15,778.00 -2,235.00
   Share Based Compensation 158,200.00 90,000.00 25,900.00 -132,100.00 179,900.00 121,500.00 54,800.00 -102,800.00 186,200.00 123,800.00 51,400.00 -104,523.00 155,120.00 99,091.00 48,902.00 -87,662.00 123,021.00 79,120.00 36,829.00
   Change in Working Capital 479,800.00 605,100.00 661,300.00 -2,120,200.00 795,400.00 581,500.00 359,800.00 -560,300.00 384,200.00 157,900.00 81,100.00 -1,993,097.00 585,638.00 1,162,663.00 631,460.00 -982,205.00 683,276.00 519,923.00 259,497.00
   Other Operating Activities -947,400.00 -1,217,200.00 -1,321,800.00 3,492,400.00 -1,617,500.00 -1,164,000.00 -712,100.00 1,576,200.00 -807,000.00 -470,200.00 -234,100.00 2,875,291.00 -502,927.00 -1,636,274.00 -1,008,990.00 1,667,398.00 -1,095,333.00 -872,362.00 -601,438.00
Investing Cash Flow -394,300.00 -415,800.00 -23,500.00 483,900.00 -724,000.00 -402,700.00 -317,800.00 1,817,500.00 -1,571,400.00 -1,322,400.00 -1,062,000.00 664,495.00 -663,891.00 -610,695.00 -106,563.00 -378,559.00 -610,734.00 -595,407.00 -16,406.00
   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 116,700.00 81,700.00 47,100.00 -74,000.00 113,700.00 78,700.00 34,000.00 -63,000.00 106,200.00 69,800.00 35,100.00 -32,365.00 78,814.00 45,601.00 24,163.00 -24,763.00 55,484.00 37,040.00 18,280.00
   Net Purchase/Sale of Investments Net 1,584,300.00 1,263,700.00 327,400.00 -694,800.00 1,228,300.00 731,100.00 501,400.00 -2,301,200.00 1,597,700.00 1,481,400.00 1,187,900.00 -698,622.00 681,021.00 623,890.00 112,968.00 1,028,515.00 380.00 256.00 157.00
   Net Purchase/Sale of Business 0 0 0 0.00 403,800.00 0 0 241,300.00 155,700.00 5,000.00 0 0 0 0 259,061.00 256,481.00 944,687.00 0 0
   Other Investing Activities -2,095,300.00 -1,761,200.00 -398,000.00 1,252,700.00 -2,469,800.00 -1,212,500.00 -853,200.00 3,940,400.00 -3,431,000.00 -2,878,600.00 -2,285,000.00 1,654,543.00 -1,423,726.00 -1,280,186.00 -502,755.00 -1,638,792.00 -1,611,285.00 -632,703.00 -34,843.00
Financing Cash Flow 216,800.00 660,400.00 318,400.00 -720,000.00 -41,100.00 146,700.00 354,100.00 -2,644,300.00 1,705,300.00 1,468,500.00 1,043,800.00 -1,128,135.00 753,381.00 793,496.00 262,517.00 641,330.00 477,739.00 398,779.00 -114,579.00
   Net Issuance/Repayment of Debt 40,328,500.00 25,684,600.00 12,276,100.00 1,506,400.00 12,648,900.00 6,543,900.00 1,762,100.00 -1,454,600.00 4,639,300.00 2,352,900.00 1,190,100.00 -2,483,687.00 3,758,353.00 2,568,016.00 1,154,917.00 -1,262,522.00 2,721,343.00 1,699,407.00 610,950.00
   Net Issuance/Repurchase of Equity 799,800.00 799,700.00 790,000.00 178,300.00 543,600.00 173,600.00 73,600.00 -38,000.00 152,600.00 104,000.00 100,900.00 49,884.00 153,387.00 83,696.00 772.00 -65,146.00 43,744.00 43,040.00 22,559.00
   Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Financing Activities -40,911,500.00 -25,823,900.00 -12,747,700.00 -2,404,700.00 -13,233,600.00 -6,570,800.00 -1,481,600.00 -1,151,700.00 -3,086,600.00 -988,400.00 -247,200.00 1,305,668.00 -3,158,359.00 -1,858,216.00 -893,172.00 1,968,998.00 -2,287,348.00 -1,343,668.00 -748,088.00
Net Change in Cash 44,400.00 94,400.00 -159,500.00 725,200.00 -918,200.00 -451,700.00 -148,300.00 -166,600.00 257,100.00 259,200.00 20,600.00 168,308.00 444,669.00 -2,588.00 -7,494.00 778,697.00 -167,387.00 -328,122.00 -356,003.00
   Cash at Beginning of Period 1,437,100.00 1,437,100.00 1,437,100.00 711,800.00 2,230,000.00 2,230,000.00 2,230,000.00 2,396,600.00 1,859,800.00 1,859,800.00 1,859,800.00 1,691,425.00 1,256,838.00 1,256,838.00 1,256,838.00 478,141.00 1,329,653.00 1,329,653.00 1,329,653.00
   Cash at End of Period 1,481,500.00 1,531,500.00 1,277,600.00 1,437,000.00 1,311,800.00 1,778,300.00 2,081,700.00 2,230,000.00 2,116,900.00 2,119,000.00 1,880,400.00 1,859,733.00 1,701,507.00 1,254,250.00 1,249,344.00 1,256,838.00 1,162,266.00 1,001,531.00 973,650.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0