Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 10.34 16.90 137.62
Price to Sales 0.95 1.37 0.83 0.53
Book Value Per Common Share 17.82 12.83 7.54 6.74 12.96
Price to Book 4.02 7.62 6.76 4.11
Price to Operating Cash Flow 6.60 8.47 10.36 6.03
Price to Free Cash Flow
Enterprise Value to EBITDA 41650.03 32003.00 15274.41 12431.46
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 16.94 17.29 51.49 15.76 37.68 74.95 23.46 31.04 59.35 -49.68 -20.36 -29.21
Price to Sales 1.37 1.53 3.28 1.49 3.24 6.20 1.72 1.94 3.60 0.73 0.75 2.49 0.51 0.73
Book Value Per Common Share 21.76 21.03 18.62 17.82 18.50 16.78 14.90 12.83 10.31 8.96 7.88 7.54 6.38 6.66 5.66 6.74 8.87 10.37 11.24 12.96
Price to Book 3.15 2.39 2.88 4.02 4.59 7.30 7.74 7.62 8.77 7.41 7.54 6.76 5.06 3.18 5.89 4.11 2.22 1.75
Price to Operating Cash Flow 12.14 13.55 27.57 11.43 31.85 64.23 14.23 16.78 50.87 14.70 -376.02 -36.42 5.88 10.62
Price to Free Cash Flow
Enterprise Value to EBITDA 71211.87 78528.97 211294.18 31450.68 68059.45 130787.00 40522.61 47444.12 85638.03 14374.48 15486.43 57559.40 40264.31 57393.90

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY 19.69 1464.86
Revenue YoY 7.36 18.56 18.82 -1.09
EBITDA YoY -43.66 -7.01 51.63
Net Profit YoY 21.34 1503.85
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 38.83 179.81 65.85 111.04 79.91 114.00 333233.33
Revenue YoY 51.40 100.92 51.00 103.46 53.37 107.42 55.94 113.43 54.47 108.53
EBITDA YoY 49.78 150.00 49.05 103.87 59.23 102.00 66.67 136.30 -55.15 54.05 136.17
Net Profit YoY 38.21 178.95 66.24 111.61 79.87 113.89 -68.14

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 13.36 14.76 15.66 15.90 18.36
Quick Ratio 1.32 1.95 1.43 1.46 1.55
Current Ratio 2.01 1.79 2.07 2.19 2.33
Debt to Equity 3.02 4.50 0.54 0.55 4.80
Long-Term Debt to Equity 1.70 2.47 0.35 0.38 3.35
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 14.90 13.80 12.72 13.52 13.38 12.59 12.85 14.76 13.14 12.81 13.65 15.66 16.10 15.35 15.09 15.90 20.66 19.81 19.19 18.36
Quick Ratio 1.41 1.45 1.34 1.32 1.33 1.32 1.22 1.95 1.28 1.36 1.37 1.43 1.50 1.46 1.48 1.46 1.48 1.75 1.57 1.55
Current Ratio 2.07 2.21 2.08 2.01 2.04 1.99 1.84 1.79 1.86 2.03 2.01 2.07 2.21 2.18 2.22 2.19 2.13 2.51 2.32 2.33
Debt to Equity 2.36 2.38 2.72 3.02 2.83 3.12 3.63 4.50 5.42 5.92 7.04 0.54 8.97 8.64 10.00 0.55 6.96 5.80 5.45 4.80
Long-Term Debt to Equity 1.29 1.40 1.56 1.70 1.60 1.76 1.99 2.47 3.15 3.74 4.46 0.35 6.04 5.83 6.94 0.38 4.60 4.16 3.79 3.35

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 9.81 8.23 0.22 -3.75 -35.35
ROE 39.44 45.23 0.34 -5.83 -205.02
Gross Margin 34.61 33.89 30.27 25.49 23.83
Operating Margin 16.27 36.49 46.59 30.75 -42.01
EBITDA Margin 22.49 42.86 54.65 42.83 -28.36
Net Profit Margin 9.18 8.12 0.60 -12.35 -52.13
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 5.56 4.12 1.50 7.59 4.64 2.20 5.66 3.31 1.53 -0.98 -1.56 -1.71 -5.61 -3.76 -2.19
ROE 18.70 13.96 5.59 29.06 19.11 10.18 36.30 22.92 12.29 -9.75 -15.07 -18.78 -44.67 -25.56 -14.13
Gross Margin 31.33 31.25 31.35 35.47 35.76 34.90 33.85 33.46 33.39 29.12 28.17 27.29 25.41 24.32 23.56
Operating Margin 13.67 13.93 10.23 40.82 41.48 41.31 36.07 34.43 35.33 42.60 38.96 33.90 0.19 -0.17 -2.04
EBITDA Margin 18.99 19.19 15.42 47.05 47.67 47.57 42.54 40.98 42.07 51.09 47.80 43.18 12.76 12.80 11.30
Net Profit Margin 8.07 8.84 6.37 9.44 8.58 8.25 7.34 6.26 6.07 -1.47 -3.70 -8.53 -10.78 -11.18 -13.94

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 5,159,000.00 5,068,000.00 11,875,000.00 11,991,000.00 5,434,000.00
   Current Assets 3,402,000.00 3,345,000.00 3,043,000.00 2,911,000.00 3,177,000.00
      Cash and Short-Term Investments 975,000.00 1,063,000.00 1,112,000.00 1,113,000.00 1,285,000.00
            Cash and Cash Equivalents 975,000.00 1,063,000.00 1,112,000.00 1,113,000.00 1,285,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 1,261,000.00 2,572,000.00 989,000.00 825,000.00 826,000.00
      Inventory 880,000.00 788,000.00 689,000.00 670,000.00 717,000.00
      Other Current Assets 286,000.00 -1,078,000.00 253,000.00 303,000.00 349,000.00
   Non-Current Assets 1,757,000.00 1,723,000.00 8,832,000.00 9,080,000.00 2,257,000.00
      Property, Plant, Equipment Net 1,185,000.00 1,095,000.00 1,033,000.00 1,109,000.00 1,374,000.00
      Goodwill 0 0 0 0 0
      Intangible Assets 325,000.00 370,000.00 506,000.00 657,000.00 810,000.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 247,000.00 258,000.00 7,293,000.00 7,314,000.00 73,000.00
Liabilities 3,876,000.00 4,146,000.00 4,169,000.00 4,278,000.00 4,497,000.00
   Current Liabilities 1,696,000.00 1,866,000.00 1,470,000.00 1,332,000.00 1,362,000.00
      Payables and Expenses 1,094,000.00 1,066,000.00 827,000.00 723,000.00 622,000.00
            Account Payables 792,000.00 679,000.00 460,000.00 380,000.00 325,000.00
            Current Accrued Liabilities 302,000.00 387,000.00 367,000.00 343,000.00 297,000.00
      Short-Term Debt 61,000.00 214,000.00 120,000.00 71,000.00 84,000.00
      Other Current Liabilities 541,000.00 586,000.00 523,000.00 538,000.00 656,000.00
   Non-Current Liabilities 2,180,000.00 2,280,000.00 2,699,000.00 2,946,000.00 3,135,000.00
      Long-Term Debt 1,727,000.00 1,846,000.00 2,320,000.00 2,544,000.00 2,778,000.00
      Other Non-Current Liabilities 453,000.00 434,000.00 379,000.00 402,000.00 357,000.00
Equity 1,283,000.00 922,000.00 7,706,000.00 7,713,000.00 937,000.00
   Shareholders Equity 1,285,000.00 924,000.00 535,000.00 472,000.00 907,000.00
      Capital Stock 0 0 0 0 0
      Share Premium 2,921,000.00 2,906,000.00 2,928,000.00 2,904,000.00 2,897,000.00
      Retained Earnings -1,486,000.00 -1,954,000.00 -2,371,000.00 -2,397,000.00 -1,947,000.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -150,000.00 -56,000.00 -44,000.00 -70,000.00 -86,000.00
   Minority Interest -2,000.00 -2,000.00 16,000.00 24,000.00 30,000.00
Debt 1,788,000.00 2,060,000.00 2,440,000.00 2,615,000.00 2,862,000.00
Net Debt 813,000.00 997,000.00 1,328,000.00 1,502,000.00 1,577,000.00
Common Shares Outstanding 72,100.00 72,000.00 71,000.00 70,000.00 70,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 5,513,000.00 5,135,000.00 4,331,000.00 3,645,000.00 3,685,000.00
Cost Of Revenue 3,605,000.00 3,395,000.00 3,020,000.00 2,716,000.00 2,807,000.00
Gross Profit 1,908,000.00 1,740,000.00 1,311,000.00 929,000.00 878,000.00
Operating Expenses 970,000.00 920,000.00 899,000.00 813,000.00 2,254,000.00
   Selling, General and Administrative Expenses 0 234,000.00 57,000.00 61,000.00 76,000.00
   Research and Development Expenses 123,000.00 112,000.00 90,000.00 85,000.00 97,000.00
   Other Operating Expenses 847,000.00 574,000.00 752,000.00 667,000.00 2,081,000.00
Operating Income 938,000.00 820,000.00 412,000.00 116,000.00 -1,376,000.00
Net Non-Operating Income -199,000.00 872,000.00 1,427,000.00 745,000.00 -438,000.00
Interest Income 56,000.00 59,000.00 0 0 0
Interest Expense 158,000.00 182,000.00 179,000.00 260,000.00 266,000.00
Net Interest -102,000.00 -123,000.00 -179,000.00 -260,000.00 -266,000.00
EBT 739,000.00 1,692,000.00 1,839,000.00 861,000.00 -1,814,000.00
Income Tax 189,000.00 57,000.00 87,000.00 86,000.00 95,000.00
Net Income Including Non-Controlling Interests -88,000.00 385,000.00 1,000.00 -471,000.00 -1,943,000.00
Net Income Non-Controlling Interests 594,000.00 32,000.00 25,000.00 21,000.00 22,000.00
Net Income 506,000.00 417,000.00 26,000.00 -450,000.00 -1,921,000.00
EBIT 897,000.00 1,874,000.00 2,018,000.00 1,121,000.00 -1,548,000.00
Deprecation and Amortization 343,000.00 327,000.00 349,000.00 440,000.00 503,000.00
EBITDA 1,240,000.00 2,201,000.00 2,367,000.00 1,561,000.00 -1,045,000.00
EPS 0.01 0.01 0.00 0 0
Diluted EPS 0.01 0.01 0.00 0 0
Average Shares Outstanding Basic 73,000.00 72,000.00 71,000.00 0 0
Average Shares Outstanding Diluted 74,900.00 74,000.00 72,000.00 0 0
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 792,000.00 832,000.00 349,000.00 322,000.00 210,000.00
   Operating Net Income 550,000.00 449,000.00 51,000.00 -858,000.00 -3,798,000.00
   Deprecation and Amortization 343,000.00 327,000.00 349,000.00 440,000.00 503,000.00
   Deferred Income Tax 8,000.00 -86,000.00 4,000.00 -10,000.00 -5,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -253,000.00 541,000.00 253,000.00 26,000.00 -596,000.00
   Other Operating Activities 144,000.00 -399,000.00 -308,000.00 724,000.00 4,106,000.00
Investing Cash Flow -293,000.00 -289,000.00 -54,000.00 -83,000.00 -75,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 330,000.00 237,000.00 214,000.00 126,000.00 334,000.00
   Net Purchase/Sale of Investments Net 54,000.00 214,000.00 4,000.00 39,000.00 -50,000.00
   Net Purchase/Sale of Business 51,000.00 0 0 0 11,000.00
   Other Investing Activities -728,000.00 -740,000.00 -272,000.00 -248,000.00 -370,000.00
Financing Cash Flow -511,000.00 -514,000.00 -248,000.00 -403,000.00 348,000.00
   Net Issuance/Repayment of Debt 287,000.00 386,000.00 198,000.00 4,382,000.00 435,000.00
   Net Issuance/Repurchase of Equity 99,000.00 0 0 0 0
   Dividends Paid 36,000.00 52,000.00 30,000.00 0 0
   Other Financing Activities -933,000.00 -952,000.00 -476,000.00 -4,785,000.00 -87,000.00
Net Change in Cash -88,000.00 -49,000.00 -1,000.00 -172,000.00 485,000.00
   Cash at Beginning of Period 1,063,000.00 1,112,000.00 1,113,000.00 1,285,000.00 800,000.00
   Cash at End of Period 975,000.00 1,063,000.00 1,112,000.00 1,113,000.00 1,285,000.00
Free Cash Flow 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Assets 5,272,000.00 5,141,000.00 5,054,000.00 5,159,000.00 5,188,000.00 5,111,000.00 5,090,000.00 5,068,000.00 4,895,000.00 4,648,000.00 4,709,000.00 11,875,000.00 4,707,000.00 4,735,000.00 4,684,000.00 11,991,000.00 5,148,000.00 5,160,000.00 5,295,000.00 5,434,000.00
   Current Assets 3,476,000.00 3,328,000.00 3,264,000.00 3,402,000.00 3,400,000.00 3,362,000.00 3,312,000.00 3,345,000.00 3,220,000.00 2,971,000.00 3,043,000.00 3,043,000.00 3,063,000.00 3,010,000.00 2,889,000.00 2,911,000.00 3,244,000.00 3,126,000.00 3,158,000.00 3,177,000.00
      Cash and Short-Term Investments 1,079,000.00 1,003,000.00 930,000.00 975,000.00 978,000.00 920,000.00 937,000.00 1,063,000.00 946,000.00 922,000.00 983,000.00 1,112,000.00 1,143,000.00 1,090,000.00 1,056,000.00 1,113,000.00 1,446,000.00 1,387,000.00 1,343,000.00 1,285,000.00
            Cash and Cash Equivalents 1,079,000.00 1,003,000.00 930,000.00 975,000.00 978,000.00 920,000.00 937,000.00 1,063,000.00 946,000.00 922,000.00 983,000.00 1,112,000.00 1,143,000.00 1,090,000.00 1,056,000.00 1,113,000.00 1,446,000.00 1,387,000.00 1,343,000.00 1,285,000.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 1,282,000.00 1,177,000.00 1,175,000.00 1,261,000.00 1,231,000.00 1,319,000.00 1,251,000.00 2,572,000.00 1,261,000.00 1,068,000.00 1,088,000.00 989,000.00 927,000.00 930,000.00 868,000.00 825,000.00 816,000.00 782,000.00 793,000.00 826,000.00
      Inventory 880,000.00 881,000.00 889,000.00 880,000.00 919,000.00 884,000.00 850,000.00 788,000.00 776,000.00 751,000.00 719,000.00 689,000.00 723,000.00 716,000.00 684,000.00 670,000.00 681,000.00 662,000.00 676,000.00 717,000.00
      Other Current Assets 235,000.00 267,000.00 270,000.00 286,000.00 272,000.00 239,000.00 274,000.00 -1,078,000.00 237,000.00 230,000.00 253,000.00 253,000.00 270,000.00 274,000.00 281,000.00 303,000.00 301,000.00 295,000.00 346,000.00 349,000.00
   Non-Current Assets 1,796,000.00 1,813,000.00 1,790,000.00 1,757,000.00 1,788,000.00 1,749,000.00 1,778,000.00 1,723,000.00 1,675,000.00 1,677,000.00 1,666,000.00 8,832,000.00 1,644,000.00 1,725,000.00 1,795,000.00 9,080,000.00 1,904,000.00 2,034,000.00 2,137,000.00 2,257,000.00
      Property, Plant, Equipment Net 1,244,000.00 1,260,000.00 1,227,000.00 1,185,000.00 1,183,000.00 1,145,000.00 1,123,000.00 1,095,000.00 1,054,000.00 1,033,000.00 1,049,000.00 1,033,000.00 1,019,000.00 1,054,000.00 1,083,000.00 1,109,000.00 1,139,000.00 1,234,000.00 1,298,000.00 1,374,000.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 294,000.00 305,000.00 315,000.00 325,000.00 356,000.00 384,000.00 417,000.00 370,000.00 404,000.00 440,000.00 474,000.00 506,000.00 540,000.00 579,000.00 619,000.00 657,000.00 695,000.00 734,000.00 771,000.00 810,000.00
      Long-Term Investments 0 0 0 0 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 0 0 0 0
      Other Non-Current Assets 258,000.00 248,000.00 248,000.00 247,000.00 249,000.00 220,000.00 238,000.00 258,000.00 217,000.00 204,000.00 143,000.00 7,293,000.00 85,000.00 92,000.00 93,000.00 7,314,000.00 70,000.00 66,000.00 68,000.00 73,000.00
Liabilities 3,705,000.00 3,622,000.00 3,694,000.00 3,876,000.00 3,832,000.00 3,871,000.00 3,990,000.00 4,146,000.00 4,132,000.00 3,976,000.00 4,123,000.00 4,169,000.00 4,235,000.00 4,244,000.00 4,258,000.00 4,278,000.00 4,501,000.00 4,401,000.00 4,474,000.00 4,497,000.00
   Current Liabilities 1,678,000.00 1,503,000.00 1,567,000.00 1,696,000.00 1,667,000.00 1,691,000.00 1,800,000.00 1,866,000.00 1,731,000.00 1,464,000.00 1,511,000.00 1,470,000.00 1,384,000.00 1,383,000.00 1,300,000.00 1,332,000.00 1,524,000.00 1,243,000.00 1,364,000.00 1,362,000.00
      Payables and Expenses 971,000.00 937,000.00 963,000.00 1,094,000.00 1,051,000.00 1,064,000.00 1,014,000.00 1,066,000.00 959,000.00 795,000.00 773,000.00 827,000.00 762,000.00 739,000.00 646,000.00 723,000.00 667,000.00 635,000.00 583,000.00 622,000.00
            Account Payables 690,000.00 685,000.00 714,000.00 792,000.00 723,000.00 771,000.00 716,000.00 679,000.00 620,000.00 502,000.00 502,000.00 460,000.00 425,000.00 448,000.00 385,000.00 380,000.00 350,000.00 348,000.00 330,000.00 325,000.00
            Current Accrued Liabilities 281,000.00 252,000.00 249,000.00 302,000.00 328,000.00 293,000.00 298,000.00 387,000.00 339,000.00 293,000.00 271,000.00 367,000.00 337,000.00 291,000.00 261,000.00 343,000.00 317,000.00 287,000.00 253,000.00 297,000.00
      Short-Term Debt 174,000.00 73,000.00 68,000.00 61,000.00 67,000.00 66,000.00 148,000.00 214,000.00 134,000.00 75,000.00 164,000.00 120,000.00 60,000.00 117,000.00 69,000.00 71,000.00 274,000.00 78,000.00 78,000.00 84,000.00
      Other Current Liabilities 533,000.00 493,000.00 536,000.00 541,000.00 549,000.00 561,000.00 638,000.00 586,000.00 638,000.00 594,000.00 574,000.00 523,000.00 562,000.00 527,000.00 585,000.00 538,000.00 583,000.00 530,000.00 703,000.00 656,000.00
   Non-Current Liabilities 2,027,000.00 2,119,000.00 2,127,000.00 2,180,000.00 2,165,000.00 2,180,000.00 2,190,000.00 2,280,000.00 2,401,000.00 2,512,000.00 2,612,000.00 2,699,000.00 2,851,000.00 2,861,000.00 2,958,000.00 2,946,000.00 2,977,000.00 3,158,000.00 3,110,000.00 3,135,000.00
      Long-Term Debt 1,570,000.00 1,674,000.00 1,691,000.00 1,727,000.00 1,749,000.00 1,755,000.00 1,753,000.00 1,846,000.00 1,993,000.00 2,118,000.00 2,197,000.00 2,320,000.00 2,480,000.00 2,487,000.00 2,546,000.00 2,544,000.00 2,566,000.00 2,754,000.00 2,761,000.00 2,778,000.00
      Other Non-Current Liabilities 457,000.00 445,000.00 436,000.00 453,000.00 416,000.00 425,000.00 437,000.00 434,000.00 408,000.00 394,000.00 415,000.00 379,000.00 371,000.00 374,000.00 412,000.00 402,000.00 411,000.00 404,000.00 349,000.00 357,000.00
Equity 1,567,000.00 1,519,000.00 1,360,000.00 1,283,000.00 1,356,000.00 1,240,000.00 1,100,000.00 922,000.00 763,000.00 672,000.00 586,000.00 7,706,000.00 472,000.00 491,000.00 426,000.00 7,713,000.00 647,000.00 759,000.00 821,000.00 937,000.00
   Shareholders Equity 1,560,000.00 1,510,000.00 1,352,000.00 1,285,000.00 1,345,000.00 1,228,000.00 1,091,000.00 924,000.00 742,000.00 645,000.00 567,000.00 535,000.00 453,000.00 466,000.00 396,000.00 472,000.00 621,000.00 726,000.00 787,000.00 907,000.00
      Capital Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Share Premium 2,811,000.00 2,810,000.00 2,834,000.00 2,921,000.00 2,956,000.00 2,997,000.00 2,985,000.00 2,906,000.00 2,900,000.00 2,891,000.00 2,885,000.00 2,928,000.00 2,923,000.00 2,913,000.00 2,908,000.00 2,904,000.00 2,900,000.00 2,899,000.00 2,897,000.00 2,897,000.00
      Retained Earnings -1,249,000.00 -1,311,000.00 -1,428,000.00 -1,486,000.00 -1,579,000.00 -1,717,000.00 -1,842,000.00 -1,954,000.00 -2,094,000.00 -2,217,000.00 -2,299,000.00 -2,371,000.00 -2,443,000.00 -2,471,000.00 -2,477,000.00 -2,397,000.00 -2,236,000.00 -2,141,000.00 -2,063,000.00 -1,947,000.00
      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 -2,000.00 11,000.00 -54,000.00 -150,000.00 -96,000.00 -156,000.00 -156,000.00 -56,000.00 -192,000.00 -87,000.00 -57,000.00 -44,000.00 -81,000.00 72,000.00 -105,000.00 -70,000.00 -86,000.00 -64,000.00 -94,000.00 -86,000.00
   Minority Interest 7,000.00 9,000.00 8,000.00 -2,000.00 11,000.00 12,000.00 9,000.00 -2,000.00 21,000.00 27,000.00 19,000.00 16,000.00 19,000.00 25,000.00 30,000.00 24,000.00 26,000.00 33,000.00 34,000.00 30,000.00
Debt 1,744,000.00 1,747,000.00 1,759,000.00 1,788,000.00 1,816,000.00 1,821,000.00 1,901,000.00 2,060,000.00 2,127,000.00 2,193,000.00 2,361,000.00 2,440,000.00 2,540,000.00 2,604,000.00 2,615,000.00 2,615,000.00 2,840,000.00 2,832,000.00 2,839,000.00 2,862,000.00
Net Debt 665,000.00 744,000.00 829,000.00 813,000.00 838,000.00 901,000.00 964,000.00 997,000.00 1,181,000.00 1,271,000.00 1,378,000.00 1,328,000.00 1,397,000.00 1,514,000.00 1,559,000.00 1,502,000.00 1,394,000.00 1,445,000.00 1,496,000.00 1,577,000.00
Common Shares Outstanding 71,700.00 71,800.00 72,600.00 72,100.00 72,700.00 73,200.00 73,200.00 72,000.00 72,000.00 72,000.00 72,000.00 71,000.00 71,000.00 70,000.00 70,000.00 70,000.00 70,000.00 70,000.00 70,000.00 70,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31
Revenues 3,629,000.00 2,397,000.00 1,193,000.00 -2,780,000.00 4,172,000.00 2,763,000.00 1,358,000.00 -2,284,000.00 3,773,000.00 2,460,000.00 1,186,000.00 -1,731,000.00 3,122,000.00 2,002,000.00 938,000.00 -1,602,000.00 2,680,000.00 1,735,000.00 832,000.00
Cost Of Revenue 2,492,000.00 1,648,000.00 819,000.00 -1,746,000.00 2,692,000.00 1,775,000.00 884,000.00 -1,528,000.00 2,496,000.00 1,637,000.00 790,000.00 -1,313,000.00 2,213,000.00 1,438,000.00 682,000.00 -1,232,000.00 1,999,000.00 1,313,000.00 636,000.00
Gross Profit 1,137,000.00 749,000.00 374,000.00 -1,034,000.00 1,480,000.00 988,000.00 474,000.00 -756,000.00 1,277,000.00 823,000.00 396,000.00 -418,000.00 909,000.00 564,000.00 256,000.00 -370,000.00 681,000.00 422,000.00 196,000.00
Operating Expenses 580,000.00 370,000.00 232,000.00 -502,000.00 740,000.00 491,000.00 241,000.00 -401,000.00 673,000.00 437,000.00 211,000.00 -447,000.00 666,000.00 442,000.00 238,000.00 -80,000.00 362,000.00 332,000.00 199,000.00
   Selling, General and Administrative Expenses 494,000.00 325,000.00 161,000.00 0 624,000.00 421,000.00 205,000.00 -943,000.00 599,000.00 388,000.00 190,000.00 -1,070,000.00 575,000.00 374,000.00 178,000.00 -1,054,000.00 551,000.00 376,000.00 188,000.00
   Research and Development Expenses 86,000.00 59,000.00 29,000.00 -65,000.00 95,000.00 62,000.00 31,000.00 -50,000.00 83,000.00 53,000.00 26,000.00 -40,000.00 66,000.00 43,000.00 21,000.00 -41,000.00 63,000.00 42,000.00 21,000.00
   Other Operating Expenses 0.00 -14,000.00 42,000.00 813,000.00 21,000.00 8,000.00 5,000.00 592,000.00 -9,000.00 -4,000.00 -5,000.00 663,000.00 25,000.00 25,000.00 39,000.00 1,015,000.00 -252,000.00 -86,000.00 -10,000.00
Operating Income 557,000.00 379,000.00 142,000.00 -532,000.00 740,000.00 497,000.00 233,000.00 -355,000.00 604,000.00 386,000.00 185,000.00 29,000.00 243,000.00 122,000.00 18,000.00 -290,000.00 319,000.00 90,000.00 -3,000.00
Net Non-Operating Income -131,000.00 -92,000.00 -46,000.00 -1,966,000.00 886,000.00 596,000.00 285,000.00 -316,000.00 618,000.00 367,000.00 203,000.00 -334,000.00 947,000.00 562,000.00 252,000.00 1,589,000.00 -525,000.00 -235,000.00 -84,000.00
Interest Income 0 0 0 42,000.00 0 0 14,000.00 -20,000.00 47,000.00 32,000.00 0 0 0 0 0 0 0 0 0
Interest Expense 70,000.00 47,000.00 26,000.00 -15,000.00 77,000.00 53,000.00 43,000.00 -82,000.00 139,000.00 94,000.00 31,000.00 -105,000.00 140,000.00 96,000.00 48,000.00 -163,000.00 211,000.00 142,000.00 70,000.00
Net Interest -70,000.00 -47,000.00 -26,000.00 57,000.00 -77,000.00 -53,000.00 -29,000.00 62,000.00 -92,000.00 -62,000.00 -31,000.00 105,000.00 -140,000.00 -96,000.00 -48,000.00 -260,000.00 0 0 0
EBT 426,000.00 287,000.00 96,000.00 -2,498,000.00 1,626,000.00 1,093,000.00 518,000.00 -671,000.00 1,222,000.00 753,000.00 388,000.00 -305,000.00 1,190,000.00 684,000.00 270,000.00 1,299,000.00 -206,000.00 -145,000.00 -87,000.00
Income Tax 108,000.00 56,000.00 10,000.00 -146,000.00 144,000.00 132,000.00 59,000.00 -58,000.00 55,000.00 22,000.00 38,000.00 -47,000.00 66,000.00 40,000.00 28,000.00 -41,000.00 66,000.00 38,000.00 23,000.00
Net Income Including Non-Controlling Interests 268,000.00 193,000.00 66,000.00 -765,000.00 362,000.00 214,000.00 101,000.00 -67,000.00 252,000.00 137,000.00 63,000.00 240,000.00 -67,000.00 -86,000.00 -86,000.00 162,000.00 -306,000.00 -205,000.00 -122,000.00
Net Income Non-Controlling Interests 25,000.00 19,000.00 10,000.00 528,000.00 32,000.00 23,000.00 11,000.00 -19,000.00 25,000.00 17,000.00 9,000.00 -14,000.00 21,000.00 12,000.00 6,000.00 -13,000.00 17,000.00 11,000.00 6,000.00
Net Income 293,000.00 212,000.00 76,000.00 -237,000.00 394,000.00 237,000.00 112,000.00 -86,000.00 277,000.00 154,000.00 72,000.00 226,000.00 -46,000.00 -74,000.00 -80,000.00 149,000.00 -289,000.00 -194,000.00 -116,000.00
EBIT 496,000.00 334,000.00 122,000.00 -2,513,000.00 1,703,000.00 1,146,000.00 561,000.00 -753,000.00 1,361,000.00 847,000.00 419,000.00 -410,000.00 1,330,000.00 780,000.00 318,000.00 1,136,000.00 5,000.00 -3,000.00 -17,000.00
Deprecation and Amortization 193,000.00 126,000.00 62,000.00 -173,000.00 260,000.00 171,000.00 85,000.00 -158,000.00 244,000.00 161,000.00 80,000.00 -180,000.00 265,000.00 177,000.00 87,000.00 -233,000.00 337,000.00 225,000.00 111,000.00
EBITDA 689,000.00 460,000.00 184,000.00 -2,686,000.00 1,963,000.00 1,317,000.00 646,000.00 -911,000.00 1,605,000.00 1,008,000.00 499,000.00 -590,000.00 1,595,000.00 957,000.00 405,000.00 903,000.00 342,000.00 222,000.00 94,000.00
EPS 0.00 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 0 0
Diluted EPS 0.00 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 0 0
Average Shares Outstanding Basic 72,400.00 72,700.00 73,100.00 72,900.00 73,100.00 73,100.00 72,900.00 72,000.00 72,000.00 72,000.00 72,000.00 72,000.00 71,000.00 71,000.00 70,000.00 0.00 0 0 0
Average Shares Outstanding Diluted 72,700.00 72,900.00 73,400.00 74,900.00 75,000.00 75,000.00 74,700.00 75,000.00 74,000.00 73,000.00 74,000.00 76,000.00 71,000.00 71,000.00 70,000.00 0.00 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
Operating Cash Flow 408,000.00 270,000.00 142,000.00 -163,000.00 543,000.00 281,000.00 131,000.00 6,000.00 457,000.00 285,000.00 84,000.00 261,000.00 156,000.00 -4,000.00 -64,000.00 -106,000.00 234,000.00 120,000.00 74,000.00
   Operating Net Income 318,000.00 231,000.00 86,000.00 -259,000.00 426,000.00 260,000.00 123,000.00 -105,000.00 302,000.00 171,000.00 81,000.00 286,000.00 -25,000.00 -62,000.00 -148,000.00 -183,000.00 -272,000.00 -183,000.00 -220,000.00
   Deprecation and Amortization 193,000.00 126,000.00 62,000.00 -173,000.00 260,000.00 171,000.00 85,000.00 -158,000.00 244,000.00 161,000.00 80,000.00 -180,000.00 265,000.00 177,000.00 87,000.00 -233,000.00 337,000.00 225,000.00 111,000.00
   Deferred Income Tax 13,000.00 2,000.00 7,000.00 -41,000.00 8,000.00 27,000.00 14,000.00 16,000.00 -67,000.00 -53,000.00 18,000.00 -29,000.00 24,000.00 6,000.00 3,000.00 -33,000.00 15,000.00 6,000.00 2,000.00
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital -129,000.00 -266,000.00 -228,000.00 -918,000.00 149,000.00 200,000.00 316,000.00 -356,000.00 451,000.00 208,000.00 238,000.00 -388,000.00 240,000.00 278,000.00 123,000.00 72,000.00 -5,000.00 -5,000.00 -36,000.00
   Other Operating Activities 13,000.00 177,000.00 215,000.00 1,228,000.00 -300,000.00 -377,000.00 -407,000.00 609,000.00 -473,000.00 -202,000.00 -333,000.00 572,000.00 -348,000.00 -403,000.00 -129,000.00 271,000.00 159,000.00 77,000.00 217,000.00
Investing Cash Flow -82,000.00 -36,000.00 -79,000.00 83,000.00 -207,000.00 -115,000.00 -54,000.00 55,000.00 -158,000.00 -122,000.00 -64,000.00 -48,000.00 -22,000.00 7,000.00 9,000.00 -76,000.00 -2,000.00 -2,000.00 -3,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 186,000.00 137,000.00 78,000.00 -95,000.00 217,000.00 139,000.00 69,000.00 -111,000.00 163,000.00 114,000.00 71,000.00 -31,000.00 138,000.00 87,000.00 20,000.00 -29,000.00 83,000.00 46,000.00 26,000.00
   Net Purchase/Sale of Investments Net 219,000.00 172,000.00 3,000.00 -272,000.00 137,000.00 138,000.00 51,000.00 -78,000.00 143,000.00 142,000.00 7,000.00 27,000.00 -6,000.00 -8,000.00 -9,000.00 43,000.00 -3,000.00 0 -1,000.00
   Net Purchase/Sale of Business 97,000.00 97,000.00 0 -72,000.00 51,000.00 36,000.00 36,000.00 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -584,000.00 -442,000.00 -160,000.00 522,000.00 -612,000.00 -428,000.00 -210,000.00 244,000.00 -464,000.00 -378,000.00 -142,000.00 -44,000.00 -154,000.00 -72,000.00 -2,000.00 -90,000.00 -82,000.00 -48,000.00 -28,000.00
Financing Cash Flow -277,000.00 -230,000.00 -133,000.00 343,000.00 -378,000.00 -289,000.00 -187,000.00 298,000.00 -388,000.00 -297,000.00 -127,000.00 -129,000.00 -89,000.00 -25,000.00 -5,000.00 -314,000.00 -65,000.00 -15,000.00 -9,000.00
   Net Issuance/Repayment of Debt 80,000.00 73,000.00 39,000.00 -408,000.00 264,000.00 259,000.00 172,000.00 -216,000.00 306,000.00 230,000.00 66,000.00 125,000.00 62,000.00 7,000.00 4,000.00 3,876,000.00 506,000.00 1,000.00 -1,000.00
   Net Issuance/Repurchase of Equity 94,000.00 87,000.00 53,000.00 49,000.00 50,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0 0
   Dividends Paid 54,000.00 36,000.00 18,000.00 18,000.00 18,000.00 0 0 46,000.00 0 0 6,000.00 30,000.00 0 0 0 0 0 0 0
   Other Financing Activities -505,000.00 -426,000.00 -243,000.00 684,000.00 -710,000.00 -548,000.00 -359,000.00 468,000.00 -694,000.00 -527,000.00 -199,000.00 -284,000.00 -151,000.00 -32,000.00 -9,000.00 -4,190,000.00 -571,000.00 -16,000.00 -8,000.00
Net Change in Cash 56,000.00 28,000.00 -45,000.00 266,000.00 -85,000.00 -143,000.00 -126,000.00 436,000.00 -166,000.00 -190,000.00 -129,000.00 49,000.00 30,000.00 -23,000.00 -57,000.00 -493,000.00 161,000.00 102,000.00 58,000.00
   Cash at Beginning of Period 975,000.00 975,000.00 975,000.00 709,000.00 1,063,000.00 1,063,000.00 1,063,000.00 627,000.00 1,112,000.00 1,112,000.00 1,112,000.00 1,063,000.00 1,113,000.00 1,113,000.00 1,113,000.00 1,606,000.00 1,285,000.00 1,285,000.00 1,285,000.00
   Cash at End of Period 1,031,000.00 1,003,000.00 930,000.00 975,000.00 978,000.00 920,000.00 937,000.00 1,063,000.00 946,000.00 922,000.00 983,000.00 1,112,000.00 1,143,000.00 1,090,000.00 1,056,000.00 1,113,000.00 1,446,000.00 1,387,000.00 1,343,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0