Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.55
Price to Sales 10.81
Book Value Per Common Share 8.55 -3.71 -2.53 -1.17
Price to Book 1.66
Price to Operating Cash Flow -6.58
Price to Free Cash Flow -5.75
Enterprise Value to EBITDA
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings -9.71 -5.84 -9.83 -5.84
Price to Sales 17.44 18.66 52.27 24.55
Book Value Per Common Share 6.62 7.57 7.89 8.55 -5.32
Price to Book 1.49 1.04 1.72 1.66
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY -10.13 -23.83 281.80
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY
Revenue YoY 34.44 75.57 -48.56 101.13
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 23.87 14.96 14.90 1076.97
Quick Ratio 12.92 0.59 13.54 12.24
Current Ratio 13.43 0.63 14.02 12.89
Debt to Equity 0.09 -2.84 -3.59 -4.42
Long-Term Debt to Equity 0.01 -0.02 -3.41 -4.18
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 18.00 19.34 21.97 26.96 12.60
Quick Ratio 7.99 10.55 13.09 12.92 0.45
Current Ratio 8.39 11.04 13.60 13.43 0.48
Debt to Equity 0.13 0.11 0.09 0.09 -2.06
Long-Term Debt to Equity 0.00 0.01 0.01 0.01 -0.02

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -32.71 -35.30 -24.11 -30.46
ROE -35.62 64.94 62.36 104.26
Gross Margin 30.66 45.66 44.08 37.39
Operating Margin -694.52 -483.62 -245.46 -724.95
EBITDA Margin -666.51 -461.32 -229.06 -677.31
Net Profit Margin -696.92 -493.19 -246.14 -728.98
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA -4.38 -5.69 -5.27 -7.70 -22.46
ROE -4.94 -6.29 -5.72 -8.38 23.79
Gross Margin 32.93 28.07 35.00 36.47 6.52
Operating Margin -221.93 -355.50 -604.90 -655.81 -1272.77
EBITDA Margin -221.93 -355.50 -604.90 -655.81 -1272.77
Net Profit Margin -179.70 -319.59 -531.60 -420.70 -1489.23

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 7,693,770.00 5,614,258.00 5,385,391.00 3,306,610.00
   Current Assets 7,287,995.00 5,370,023.00 5,073,473.00 3,019,619.00
      Cash and Short-Term Investments 6,573,594.00 4,528,473.00 4,509,507.00 2,779,436.00
            Cash and Cash Equivalents 4,268,300.00 1,661,152.00 2,233,691.00 2,725,568.00
            Short-Term Investments 2,305,294.00 2,867,321.00 2,275,816.00 53,868.00
      Net Receivables 437,340.00 563,181.00 391,233.00 88,384.00
      Inventory 204,705.00 218,220.00 156,005.00 114,553.00
      Other Current Assets 72,356.00 60,149.00 16,728.00 37,246.00
   Non-Current Assets 405,775.00 244,235.00 311,918.00 286,991.00
      Property, Plant, Equipment Net 271,207.00 171,064.00 201,114.00 193,653.00
      Goodwill 44,758.00 44,758.00 44,758.00 44,758.00
      Intangible Assets 21,664.00 24,594.00 28,603.00 30,994.00
      Long-Term Investments 56,919.00 0 0 0
      Non-Current Deferred Assets 997.00 1,994.00 2,992.00 3,990.00
      Other Non-Current Assets 10,230.00 1,825.00 0 0
Liabilities 627,751.00 8,666,176.00 7,467,507.00 4,272,719.00
   Current Liabilities 542,489.00 8,591,413.00 361,853.00 234,337.00
      Payables and Expenses 245,453.00 189,669.00 114,422.00 123,624.00
            Account Payables 20,713.00 16,962.00 11,505.00 15,948.00
            Current Accrued Liabilities 96,593.00 55,818.00 56,879.00 51,170.00
      Short-Term Debt 66,919.00 31,098.00 32,009.00 32,537.00
      Other Current Liabilities 230,117.00 8,370,646.00 215,422.00 78,176.00
   Non-Current Liabilities 85,262.00 74,763.00 7,105,654.00 4,038,382.00
      Long-Term Debt 76,099.00 22,309.00 35,864.00 61,296.00
      Other Non-Current Liabilities 9,163.00 52,454.00 7,069,790.00 3,977,086.00
Equity 7,066,019.00 -3,051,918.00 -2,082,116.00 -966,109.00
   Shareholders Equity 7,066,019.00 -3,051,918.00 -2,082,116.00 -966,109.00
      Capital Stock 58.00 23.00 23.00 22.00
      Share Premium 12,750,598.00 1,104,120.00 1,061,570.00 1,046,621.00
      Retained Earnings -8,631,352.00 -6,114,544.00 -4,132,676.00 -2,834,180.00
      Treasury Shares 0 151,668.00 151,668.00 91,841.00
      Accumulated Other Comprehensive Income 822,565.00 779,673.00 741,941.00 840,004.00
   Minority Interest 0 0 0 0
Debt 143,018.00 53,407.00 67,873.00 93,833.00
Common Shares Outstanding 826,214.10 823,477.54 823,477.54 823,477.54
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 361,134.00 401,844.00 527,543.00 138,172.00
Cost Of Revenue 250,419.00 218,368.00 294,998.00 86,512.00
Interest Income 176,902.00 132,042.00 36,111.00 29,770.00
Interest Expense 2,801.00 2,853.00 3,574.00 5,569.00
Non-Interest Expense 1,192,368.00 666,816.00 260,810.00 119,344.00
Gross Profit 110,715.00 183,476.00 232,545.00 51,660.00
Operating Expenses 2,268,247.00 1,708,374.00 999,129.00 547,775.00
   Selling, General and Administrative Expenses 1,192,368.00 666,816.00 260,810.00 119,344.00
   Research and Development Expenses 1,091,357.00 1,058,395.00 758,565.00 443,178.00
   Other Operating Expenses -15,478.00 -16,837.00 -20,246.00 -14,747.00
Operating Income -2,157,532.00 -1,524,898.00 -766,584.00 -496,115.00
Net Non-Operating Income -465,254.00 -558,597.00 -453,902.00 -528,014.00
EBT -2,510,940.00 -1,946,235.00 -1,298,496.00 -1,007,251.00
Income Tax 5,868.00 2,866.00 0 0
Net Income Including Non-Controlling Interests -2,516,808.00 -1,949,101.00 -1,298,496.00 -1,007,251.00
Net Income -2,516,808.00 -1,981,868.00 -1,298,496.00 -1,007,251.00
EBIT -2,508,139.00 -1,943,382.00 -1,294,922.00 -1,001,682.00
Deprecation and Amortization 101,131.00 89,610.00 86,552.00 65,823.00
EBITDA -2,407,008.00 -1,853,772.00 -1,208,370.00 -935,859.00
EPS -0.03 -0.01 -0.00 -0.39
Diluted EPS -0.03 -0.01 -0.00 -0.39
Average Shares Outstanding Basic 275,404.70 302,692.56 302,692.56 2,580.80
Average Shares Outstanding Diluted 275,404.70 302,692.56 302,692.56 2,580.80
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -593,595.00 -474,890.00 -670,381.00 -506,667.00
   Operating Net Income -2,516,808.00 -1,949,101.00 -1,298,496.00 -1,007,251.00
   Deprecation and Amortization 101,131.00 89,610.00 86,552.00 65,823.00
   Deferred Income Tax 5,868.00 2,866.00 0 0
   Share Based Compensation 1,187,867.00 931,784.00 325,429.00 55,959.00
   Change in Working Capital 7,460.00 -108,081.00 -361,936.00 -152,851.00
   Other Operating Activities 620,887.00 558,032.00 578,070.00 0
Investing Cash Flow 325,505.00 -546,944.00 -2,202,414.00 460,903.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -82,944.00 -34,747.00 -78,646.00 -23,902.00
   Net Purchase/Sale of Investments Net 417,080.00 -501,034.00 -2,121,887.00 554,756.00
   Net Purchase/Sale of Business 0 0 0 -69,470.00
   Other Investing Activities 0 -11,163.00 -1,881.00 -481.00
Financing Cash Flow 2,823,875.00 446,954.00 2,184,588.00 2,603,053.00
   Net Issuance/Repayment of Debt 35,024.00 -38,163.00 -34,448.00 -112,840.00
   Net Issuance/Repurchase of Equity 3,190,130.00 488,690.00 2,079,065.00 2,595,847.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -401,279.00 -3,573.00 139,971.00 120,046.00
Net Change in Cash 2,555,785.00 -574,880.00 -688,207.00 2,557,289.00
   Cash at Beginning of Period 1,661,152.00 2,233,691.00 2,725,568.00 212,622.00
   Cash at End of Period 4,268,300.00 1,661,152.00 2,233,691.00 2,725,568.00
Free Cash Flow -679,103.00 -511,844.00 -753,074.00 -532,304.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 7,021,836.00 7,145,853.00 7,312,358.00 7,693,770.00 4,642,548.00 0
   Current Assets 6,504,399.00 6,635,157.00 6,865,615.00 7,287,995.00 4,273,202.00 0
      Cash and Short-Term Investments 5,422,143.00 5,823,203.00 6,129,765.00 6,573,594.00 3,459,392.00 0
            Cash and Cash Equivalents 3,452,321.00 3,836,137.00 4,177,056.00 4,268,300.00 1,063,488.00 0
            Short-Term Investments 1,969,822.00 1,987,066.00 1,952,709.00 2,305,294.00 2,395,904.00 0
      Net Receivables 768,318.00 518,752.00 476,408.00 437,340.00 532,049.00 0
      Inventory 309,384.00 289,929.00 254,445.00 204,705.00 277,013.00 0
      Other Current Assets 4,554.00 3,273.00 4,997.00 72,356.00 4,748.00 0
   Non-Current Assets 517,437.00 510,696.00 446,743.00 405,775.00 369,346.00 0
      Property, Plant, Equipment Net 361,201.00 354,919.00 281,958.00 271,207.00 177,970.00 0
      Goodwill 44,758.00 44,758.00 44,758.00 44,758.00 44,758.00 0
      Intangible Assets 18,995.00 19,544.00 20,546.00 21,664.00 21,250.00 0
      Long-Term Investments 64,653.00 58,151.00 46,436.00 56,919.00 96,728.00 0
      Non-Current Deferred Assets 249.00 498.00 748.00 997.00 1,246.00 0
      Other Non-Current Assets 27,581.00 32,826.00 52,297.00 10,230.00 27,394.00 0
Liabilities 805,497.00 682,097.00 578,179.00 627,751.00 9,024,974.00 0
   Current Liabilities 774,876.00 601,280.00 504,774.00 542,489.00 8,931,985.00 0
      Payables and Expenses 422,091.00 392,621.00 360,508.00 245,453.00 360,920.00 0
            Account Payables 61,290.00 47,117.00 25,930.00 20,713.00 12,575.00 0
            Current Accrued Liabilities 0 0 0 96,593.00 0 58,261.00
      Short-Term Debt 278,309.00 136,661.00 97,196.00 66,919.00 28,608.00 0
      Other Current Liabilities 74,476.00 71,998.00 47,070.00 230,117.00 8,542,457.00 0
   Non-Current Liabilities 30,621.00 80,817.00 73,405.00 85,262.00 92,989.00 0
      Long-Term Debt 18,786.00 68,732.00 67,191.00 76,099.00 83,577.00 0
      Other Non-Current Liabilities 11,835.00 12,085.00 6,214.00 9,163.00 9,412.00 0
Equity 6,216,339.00 6,463,756.00 6,734,179.00 7,066,019.00 -4,382,426.00 0
   Shareholders Equity 6,216,339.00 6,463,756.00 6,734,179.00 7,066,019.00 -4,382,426.00 0
      Capital Stock 0 0 0 58.00 0 23.00
      Share Premium 0 0 0 12,750,598.00 0 1,104,120.00
      Retained Earnings 0 0 0 -8,631,352.00 0 -6,996,244.00
      Treasury Shares 0 0 0 0 0 151,668.00
      Accumulated Other Comprehensive Income 0 0 0 822,565.00 0 750,417.00
   Minority Interest 0 0 0 0 0 0
Debt 297,095.00 205,393.00 164,387.00 143,018.00 112,185.00 0
Common Shares Outstanding 938,366.33 853,586.72 853,586.72 826,214.10 823,477.54 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 170,982.00 127,178.00 72,437.00 140,822.00 70,014.00
Cost Of Revenue 114,683.00 91,474.00 47,082.00 89,460.00 65,450.00
Interest Income 51,482.00 35,200.00 39,746.00 44,936.00 42,672.00
Non-Interest Expense 119,391.00 168,910.00 137,812.00 319,773.00 641,518.00
Gross Profit 56,299.00 35,704.00 25,355.00 51,362.00 4,564.00
Operating Expenses 435,759.00 487,828.00 463,529.00 624,282.00 895,678.00
   Selling, General and Administrative Expenses 119,391.00 168,910.00 137,812.00 319,773.00 641,518.00
   Research and Development Expenses 316,368.00 318,918.00 325,717.00 319,987.00 254,160.00
Operating Income -379,460.00 -452,124.00 -438,174.00 -572,920.00 -891,114.00
Net Non-Operating Income 2,689.00 337.00 2,684.00 -49,794.00 -145,173.00
EBT -305,729.00 -405,009.00 -384,631.00 -589,764.00 -1,041,067.00
Income Tax 1,528.00 1,436.00 441.00 2,677.00 1,600.00
Net Income Including Non-Controlling Interests -307,257.00 -406,445.00 -385,072.00 -592,441.00 -1,042,667.00
Net Income -307,257.00 -406,445.00 -385,072.00 -592,441.00 -1,042,667.00
EBIT -379,460.00 -452,124.00 -438,174.00 -923,527.00 -891,114.00
EBITDA -379,460.00 -452,124.00 -438,174.00 -923,527.00 -891,114.00
EPS -0.00 -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 301,232.35 301,070.37 279,037.68 243,802.88 274,492.51
Average Shares Outstanding Diluted 301,232.35 301,070.37 279,037.68 243,802.88 274,492.51
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow