Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 18.89 14.04 -22.11 -12.81 -5.83
Price to Sales 1.33 1.57 2.49 2.57 5.75
Book Value Per Common Share -2.08 -2.25 -6.62 -1.85 -3.26
Price to Book -41.44 -40.50 -12.45 -45.89 -34.58
Price to Operating Cash Flow 6.64 8.22 -131.47 -43.46 -11.23
Price to Free Cash Flow
Enterprise Value to EBITDA 46671.35 59051.30 145383.47 317454.74
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 58.57 70.43 121.01 47.23 38.74 78.64 9241.00 101.55 1017.36 -15.76 -20.87 -50.15 -16.62 -33.42 -49.55
Price to Sales 2.53 2.85 5.18 2.00 2.76 6.09 2.22 3.95 8.86 2.61 3.51 9.62 3.53 7.99 19.18
Book Value Per Common Share -3.56 -4.25 -3.41 -2.08 -2.56 -0.99 -1.22 -2.25 -7.25 -5.53 -6.30 -6.62 -6.73 -5.36 -2.91 -1.85 -0.46 0.89 2.02 -3.26
Price to Book -36.04 -22.06 -24.51 -41.44 -37.45 -90.76 -83.66 -40.50 -12.75 -19.09 -17.75 -12.45 -9.36 -10.63 -27.42 -45.89 -184.12 137.69 62.04 -34.58
Price to Operating Cash Flow 15.25 18.16 65.85 11.19 14.87 36.02 12.93 22.45 74.45 -46.98 -41.53 -78.14 -44.33 -60.82 -54.82
Price to Free Cash Flow
Enterprise Value to EBITDA 102567.50 121686.17 218053.87 75559.66 94131.72 206880.33 96262.67 141405.78 355079.26 223540.54 344065.54 1110502.80 398618.40 866351.21 63400190.85

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -29.74
Revenue YoY 9.13 73.87 -0.18 79.58
EBITDA YoY 15.46 168.07 107.47
Net Profit YoY -31.36
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 64.66 92.75 -12.12 77.69 259900.00 -99.04 845.45 21900.00
Revenue YoY 53.33 102.20 47.09 93.02 55.37 112.09 47.78 95.33 57.60 137.92
EBITDA YoY 62.46 97.42 31.72 91.22 27.88 137.25 591.58 69.76 126.25 50.58 7041.15
Net Profit YoY 63.57 91.03 -12.51 77.62 -75.94 -99.29 852.94 -97.67

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 22.06 28.21 32.17 22.22 32.62
Quick Ratio 1.79 1.60 2.14 2.12 1.96
Current Ratio 1.90 1.93 2.22 2.23 2.03
Debt to Equity 0.88 0.87 0.99 0.85 0.79
Long-Term Debt to Equity 0.79 0.75 0.88 0.77 0.70
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 14.30 19.00 19.62 22.50 32.68 21.44 24.49 28.41 27.31 34.98 34.14 32.24 17.08 17.61 20.20 21.84 21.86 24.87 26.06 32.27
Quick Ratio 1.28 0.95 1.00 1.79 1.46 1.04 1.15 1.60 2.20 3.10 2.97 2.14 1.32 1.36 2.17 2.12 2.10 1.20 2.34 1.96
Current Ratio 1.76 1.03 1.08 1.90 1.53 1.30 1.43 1.93 2.66 3.23 3.10 2.22 1.42 1.47 2.31 2.23 2.22 1.27 2.37 2.03
Debt to Equity 0.90 0.91 0.89 0.88 0.88 0.85 0.85 0.87 0.94 0.92 0.94 0.99 0.97 0.94 0.88 0.85 0.82 0.78 0.76 0.79
Long-Term Debt to Equity 0.81 0.76 0.75 0.79 0.72 0.70 0.70 0.75 0.85 0.85 0.86 0.88 0.86 0.83 0.81 0.77 0.75 0.64 0.69 0.70

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 1.61 2.16 -1.34 -2.48 -6.00
ROE 3.04 4.04 -2.68 -4.58 -10.76
Gross Margin 2.35 43.22 36.38 32.02 16.83
Operating Margin 18.68 15.87 -1.31 -10.79 -57.53
EBITDA Margin 27.93 26.40 17.12 8.24 -22.92
Net Profit Margin 7.03 11.18 -11.28 -20.08 -98.63
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 0.74 0.46 0.24 0.66 0.80 0.44 0.00 0.35 0.04 -1.61 -1.10 -0.62 -1.89 -1.29 -0.87
ROE 1.41 0.87 0.45 1.24 1.48 0.82 0.01 0.68 0.07 -3.17 -2.14 -1.17 -3.44 -2.31 -1.53
Gross Margin -0.32 -0.43 -0.47 43.45 44.00 44.48 42.76 42.82 42.46 36.27 36.21 35.14 32.00 32.64 28.08
Operating Margin 15.92 14.31 14.70 16.78 19.68 20.34 12.31 16.97 13.34 -7.28 -8.55 -10.63 -11.01 -11.88 -25.19
EBITDA Margin 24.67 23.28 23.84 26.37 29.45 29.73 23.20 28.19 25.20 11.62 10.11 8.73 9.04 9.46 0.32
Net Profit Margin 4.31 4.04 4.28 4.24 7.12 7.74 0.02 3.89 0.87 -16.58 -16.83 -19.23 -21.26 -23.88 -38.71

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 31,061,139.00 33,781,596.00 31,515,241.00 30,488,510.00 34,457,991.00
   Current Assets 2,921,679.00 4,241,621.00 4,029,587.00 2,875,917.00 3,813,147.00
      Cash and Short-Term Investments 2,426,155.00 3,174,404.00 3,655,259.00 2,527,426.00 3,482,032.00
            Cash and Cash Equivalents 2,426,155.00 2,879,204.00 3,655,259.00 2,527,426.00 3,482,032.00
            Short-Term Investments 0 295,200.00 0 0 0
      Net Receivables 324,016.00 341,712.00 216,033.00 199,463.00 200,158.00
      Inventory 75,783.00 75,552.00 70,094.00 69,967.00 66,285.00
      Other Current Assets 95,725.00 649,953.00 88,201.00 79,061.00 64,672.00
   Non-Current Assets 28,139,460.00 29,539,975.00 27,485,654.00 27,612,593.00 30,644,844.00
      Property, Plant, Equipment Net 8,529,359.00 8,745,075.00 8,986,924.00 9,388,073.00 9,861,338.00
      Goodwill 18,463.00 18,463.00 90,520.00 129,738.00 144,095.00
      Intangible Assets 246,202.00 302,848.00 146,336.00 169,443.00 125,703.00
      Long-Term Investments 648,200.00 90,900.00 0 0 0
      Non-Current Deferred Assets 507,716.00 500,877.00 0 0 0
      Other Non-Current Assets 18,189,520.00 19,881,812.00 18,261,874.00 17,925,339.00 20,513,708.00
Liabilities 14,552,366.00 15,719,057.00 15,676,365.00 13,991,441.00 15,240,364.00
   Current Liabilities 1,539,534.00 2,200,454.00 1,811,423.00 1,287,880.00 1,880,888.00
      Payables and Expenses 817,650.00 774,741.00 712,765.00 728,319.00 571,278.00
            Account Payables 337,656.00 350,165.00 333,104.00 303,419.00 284,899.00
            Current Accrued Liabilities 479,994.00 424,576.00 379,661.00 424,900.00 286,379.00
      Short-Term Debt 41,250.00 709,593.00 547,543.00 50,000.00 596,408.00
      Other Current Liabilities 680,634.00 716,120.00 551,115.00 509,561.00 713,202.00
   Non-Current Liabilities 13,012,832.00 13,518,603.00 13,864,942.00 12,703,561.00 13,359,476.00
      Long-Term Debt 12,124,374.00 12,660,493.00 13,184,473.00 11,999,733.00 12,592,486.00
      Other Non-Current Liabilities 888,458.00 858,110.00 680,469.00 703,828.00 766,990.00
Equity 16,508,773.00 18,062,539.00 15,838,876.00 16,497,069.00 19,217,627.00
   Shareholders Equity -224,161.00 -251,382.00 -750,838.00 -214,418.00 -351,997.00
      Capital Stock 1,336.00 1,330.00 1,323.00 1,314.00 1,235.00
      Share Premium 3,698,800.00 3,695,761.00 3,632,523.00 3,502,715.00 2,598,115.00
      Retained Earnings -1,676,990.00 -2,066,953.00 -2,711,808.00 -2,288,078.00 -1,532,420.00
      Treasury Shares 2,241,607.00 1,836,326.00 1,623,872.00 1,436,373.00 1,422,531.00
      Accumulated Other Comprehensive Income -5,700.00 3,406.00 -404.00 6,004.00 3,604.00
   Minority Interest -744,442.00 -849,552.00 -889,527.00 -621,797.00 -385,320.00
Investments 0 845,192.00 78,842.00 111,319.00 100,329.00
Debt 12,165,624.00 13,370,086.00 13,732,016.00 12,049,733.00 13,188,894.00
Net Debt 9,739,469.00 10,195,682.00 10,076,757.00 9,522,307.00 9,706,862.00
Common Shares Outstanding 107,821.57 111,737.24 113,369.44 115,714.94 107,888.34
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 7,127,961.00 6,531,897.00 3,756,825.00 3,763,664.00 2,095,861.00
Cost Of Revenue 6,960,699.00 3,708,563.00 2,390,222.00 2,558,581.00 1,743,219.00
Gross Profit 167,262.00 2,823,334.00 1,366,603.00 1,205,083.00 352,642.00
Operating Expenses -965,469.00 1,983,163.00 1,467,279.00 1,599,624.00 1,584,687.00
   Selling, General and Administrative Expenses 1,080,475.00 1,065,022.00 830,450.00 796,592.00 720,849.00
   Other Operating Expenses -2,045,944.00 918,141.00 636,829.00 803,032.00 863,838.00
Operating Income 1,132,731.00 840,171.00 -100,676.00 -394,541.00 -1,232,045.00
Net Non-Operating Income -489,333.00 -554,788.00 -599,360.00 -616,975.00 -530,230.00
Interest Income 818,752.00 927,294.00 680,643.00 608,775.00 571,858.00
Interest Expense 688,410.00 751,509.00 650,885.00 605,562.00 556,474.00
Net Interest 130,342.00 175,785.00 29,758.00 3,213.00 15,384.00
EBT 643,398.00 285,383.00 -700,036.00 -1,011,516.00 -1,762,275.00
Income Tax 3,682.00 496,834.00 9,332.00 474.00 564,671.00
Equity Method Investments Income 6,100.00 2,400.00 0 0 0
Net Income Including Non-Controlling Interests 362,440.00 677,771.00 -138,344.00 -499,582.00 -1,807,544.00
Net Income Non-Controlling Interests 138,638.00 52,223.00 -285,512.00 -256,204.00 -259,701.00
Net Income 501,078.00 729,994.00 -423,856.00 -755,786.00 -2,067,245.00
EBIT 1,331,808.00 1,036,892.00 -49,151.00 -405,954.00 -1,205,801.00
Deprecation and Amortization 658,895.00 687,270.00 692,318.00 715,962.00 725,502.00
EBITDA 1,990,703.00 1,724,162.00 643,167.00 310,008.00 -480,299.00
EPS 0.00 0.01 -0.00 -0.01 -0.02
Diluted EPS 0.00 0.01 -0.00 -0.01 -0.02
Average Shares Outstanding Basic 109,966.00 112,523.00 113,623.00 113,760.00 106,745.00
Average Shares Outstanding Diluted 110,267.00 112,855.00 113,623.00 113,760.00 106,745.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 1,426,203.00 1,247,879.00 -71,272.00 -222,591.00 -1,072,425.00
   Operating Net Income 1,780,510.00 2,294,428.00 -1,842,592.00 -2,779,766.00 -6,721,137.00
   Deprecation and Amortization 658,895.00 687,270.00 692,318.00 715,962.00 725,502.00
   Deferred Income Tax -6,838.00 -502,784.00 3,241.00 -2,706.00 562,484.00
   Share Based Compensation 59,029.00 64,515.00 67,627.00 95,238.00 62,254.00
   Change in Working Capital -89,368.00 255,361.00 -18,211.00 -60,636.00 -436,572.00
   Other Operating Activities -976,025.00 -1,550,911.00 1,026,345.00 1,809,317.00 4,735,044.00
Investing Cash Flow -83,558.00 -1,342,533.00 1,348,967.00 -342,423.00 -265,759.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 472,333.00 443,955.00 646,674.00 648,000.00 696,544.00
   Net Purchase/Sale of Investments Net 850,000.00 836,519.00 0 0 0
   Net Purchase/Sale of Business 563,418.00 0 0 0 4,604.00
   Other Investing Activities -1,969,309.00 -2,623,007.00 702,293.00 -990,423.00 -966,907.00
Financing Cash Flow -1,793,794.00 -719,206.00 -23,678.00 -388,002.00 2,463,245.00
   Net Issuance/Repayment of Debt 4,962,845.00 2,752,391.00 279,623.00 3,844,340.00 6,833,923.00
   Net Issuance/Repurchase of Equity 403,836.00 214,420.00 190,394.00 18,504.00 11,673.00
   Dividends Paid 139,564.00 84,733.00 1,445.00 1,553.00 108,777.00
   Other Financing Activities -7,300,039.00 -3,770,750.00 -495,140.00 -4,252,399.00 -4,491,128.00
Net Change in Cash -447,619.00 -813,578.00 1,251,923.00 -955,317.00 1,128,092.00
   Cash at Beginning of Period 2,969,412.00 3,782,990.00 2,531,067.00 3,486,384.00 2,358,292.00
   Cash at End of Period 2,521,793.00 2,969,412.00 3,782,990.00 2,531,067.00 3,486,384.00
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 30,703,477.00 30,463,981.00 30,570,817.00 31,061,139.00 33,854,032.00 32,143,032.00 32,638,363.00 33,781,596.00 32,280,147.00 33,129,432.00 32,893,801.00 31,515,241.00 28,402,369.00 28,437,082.00 29,497,884.00 30,488,510.00 30,638,875.00 31,890,630.00 32,339,780.00 34,457,991.00
   Current Assets 2,532,647.00 2,504,483.00 2,594,448.00 2,921,679.00 4,190,673.00 3,372,513.00 3,770,912.00 4,241,621.00 4,031,176.00 4,351,764.00 4,253,280.00 4,029,587.00 2,323,407.00 2,371,214.00 2,665,607.00 2,875,917.00 2,855,886.00 3,215,089.00 3,249,766.00 3,813,147.00
      Cash and Short-Term Investments 1,486,291.00 1,984,752.00 2,070,086.00 2,426,155.00 3,613,219.00 2,379,415.00 2,718,903.00 3,174,404.00 3,080,791.00 3,946,071.00 3,849,183.00 3,655,259.00 1,948,541.00 2,020,503.00 2,323,087.00 2,527,426.00 2,479,375.00 2,805,293.00 2,893,220.00 3,482,032.00
            Cash and Cash Equivalents 1,486,291.00 1,984,752.00 2,070,086.00 2,426,155.00 3,613,219.00 2,379,415.00 2,420,203.00 2,879,204.00 2,789,091.00 3,657,870.00 3,849,183.00 3,655,259.00 1,948,541.00 2,020,503.00 2,323,087.00 2,527,426.00 2,479,375.00 2,805,293.00 2,893,220.00 3,482,032.00
            Short-Term Investments 0 0 0 0 0 0 298,700.00 295,200.00 291,700.00 288,201.00 0 0 0 0 0 0 0 0 0 0
      Net Receivables 352,659.00 326,474.00 334,004.00 324,016.00 388,858.00 317,643.00 297,192.00 341,712.00 249,367.00 229,794.00 227,332.00 216,033.00 210,032.00 186,380.00 187,007.00 199,463.00 221,933.00 245,959.00 317,749.00 200,158.00
      Inventory 87,848.00 80,618.00 80,647.00 75,783.00 75,479.00 72,152.00 73,686.00 75,552.00 75,071.00 70,979.00 69,182.00 70,094.00 68,310.00 69,075.00 72,244.00 69,967.00 64,043.00 66,100.00 65,252.00 66,285.00
      Other Current Assets 605,849.00 112,639.00 109,711.00 95,725.00 113,117.00 603,303.00 681,131.00 649,953.00 625,947.00 104,920.00 107,583.00 88,201.00 96,524.00 95,256.00 83,269.00 79,061.00 90,535.00 97,737.00 -26,455.00 64,672.00
   Non-Current Assets 28,170,830.00 27,959,498.00 27,976,369.00 28,139,460.00 29,663,359.00 28,770,519.00 28,867,451.00 29,539,975.00 28,248,971.00 28,777,668.00 28,640,521.00 27,485,654.00 26,078,962.00 26,065,868.00 26,832,277.00 27,612,593.00 27,782,989.00 28,675,541.00 29,090,014.00 30,644,844.00
      Property, Plant, Equipment Net 8,364,815.00 8,324,922.00 8,338,647.00 8,529,359.00 8,321,271.00 8,305,017.00 8,429,568.00 8,745,075.00 8,557,152.00 8,609,376.00 8,675,582.00 8,986,924.00 8,846,716.00 8,953,481.00 9,034,618.00 9,388,073.00 9,237,501.00 9,311,887.00 9,440,779.00 9,861,338.00
      Goodwill 0 0 0 18,463.00 18,500.00 18,500.00 18,500.00 18,463.00 18,465.00 90,520.00 90,520.00 90,520.00 90,519.00 90,519.00 98,527.00 129,738.00 139,927.00 145,179.00 145,407.00 144,095.00
      Intangible Assets 231,713.00 237,852.00 0 246,202.00 0 0 0 302,848.00 313,535.00 345,890.00 352,822.00 146,336.00 151,985.00 157,603.00 0 169,443.00 0 0 0 125,703.00
      Long-Term Investments 867,745.00 769,348.00 706,378.00 648,200.00 542,100.00 517,600.00 0 90,900.00 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 430,104.00 488,667.00 498,542.00 507,716.00 463,098.00 478,570.00 484,103.00 500,877.00 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 18,276,453.00 18,138,709.00 18,432,802.00 18,189,520.00 20,318,390.00 19,450,832.00 19,935,280.00 19,881,812.00 19,359,819.00 19,731,882.00 19,521,597.00 18,261,874.00 16,989,742.00 16,864,265.00 17,699,132.00 17,925,339.00 18,405,561.00 19,218,475.00 19,503,828.00 20,513,708.00
Liabilities 14,550,842.00 14,504,001.00 14,431,365.00 14,552,366.00 15,798,777.00 14,813,560.00 15,039,416.00 15,719,057.00 15,667,610.00 15,912,750.00 15,961,991.00 15,676,365.00 13,996,408.00 13,781,585.00 13,831,769.00 13,991,441.00 13,826,884.00 14,005,604.00 13,999,550.00 15,240,364.00
   Current Liabilities 1,441,675.00 2,423,042.00 2,396,795.00 1,539,534.00 2,743,305.00 2,601,026.00 2,633,120.00 2,200,454.00 1,514,034.00 1,346,047.00 1,370,915.00 1,811,423.00 1,635,036.00 1,617,269.00 1,154,246.00 1,287,880.00 1,286,592.00 2,538,302.00 1,369,882.00 1,880,888.00
      Payables and Expenses 712,288.00 713,200.00 676,948.00 817,650.00 808,981.00 669,869.00 668,025.00 774,741.00 746,576.00 664,395.00 618,570.00 712,765.00 618,722.00 635,057.00 640,081.00 728,319.00 718,680.00 667,680.00 592,507.00 571,278.00
            Account Payables 308,701.00 334,754.00 331,532.00 337,656.00 337,314.00 339,460.00 302,292.00 350,165.00 311,795.00 326,863.00 311,736.00 333,104.00 284,422.00 286,704.00 309,044.00 303,419.00 298,004.00 300,363.00 276,898.00 284,899.00
            Current Accrued Liabilities 403,587.00 378,446.00 345,416.00 479,994.00 471,667.00 330,409.00 365,733.00 424,576.00 434,781.00 337,532.00 306,834.00 379,661.00 334,300.00 348,353.00 331,037.00 424,900.00 420,676.00 367,317.00 315,609.00 286,379.00
      Short-Term Debt 4,705.00 999,099.00 1,039,942.00 41,250.00 1,239,054.00 1,291,295.00 1,291,488.00 709,593.00 112,099.00 41,250.00 143,162.00 547,543.00 546,078.00 544,632.00 50,000.00 50,000.00 50,000.00 1,308,353.00 198,465.00 596,408.00
      Other Current Liabilities 724,682.00 710,743.00 679,905.00 680,634.00 695,270.00 639,862.00 673,607.00 716,120.00 655,359.00 640,402.00 609,183.00 551,115.00 470,236.00 437,580.00 464,165.00 509,561.00 517,912.00 562,269.00 578,910.00 713,202.00
   Non-Current Liabilities 13,109,167.00 12,080,959.00 12,034,570.00 13,012,832.00 13,055,472.00 12,212,534.00 12,406,296.00 13,518,603.00 14,153,576.00 14,566,703.00 14,591,076.00 13,864,942.00 12,361,372.00 12,164,316.00 12,677,523.00 12,703,561.00 12,540,292.00 11,467,302.00 12,629,668.00 13,359,476.00
      Long-Term Debt 12,191,607.00 11,170,452.00 11,144,457.00 12,124,374.00 12,167,923.00 11,356,315.00 11,555,165.00 12,660,493.00 13,293,685.00 13,712,264.00 13,734,488.00 13,184,473.00 11,678,532.00 11,477,502.00 11,986,215.00 11,999,733.00 11,810,941.00 10,732,031.00 11,876,119.00 12,592,486.00
      Other Non-Current Liabilities 917,560.00 910,507.00 890,113.00 888,458.00 887,549.00 856,219.00 851,131.00 858,110.00 859,891.00 854,439.00 856,588.00 680,469.00 682,840.00 686,814.00 691,308.00 703,828.00 729,351.00 735,271.00 753,549.00 766,990.00
Equity 16,152,635.00 15,959,980.00 16,139,452.00 16,508,773.00 18,055,255.00 17,329,472.00 17,598,947.00 18,062,539.00 16,612,537.00 17,216,682.00 16,931,810.00 15,838,876.00 14,405,961.00 14,655,497.00 15,666,115.00 16,497,069.00 16,811,991.00 17,885,026.00 18,340,230.00 19,217,627.00
   Shareholders Equity -370,042.00 -441,540.00 -360,678.00 -224,161.00 -281,402.00 -109,824.00 -136,953.00 -251,382.00 -821,764.00 -630,253.00 -717,434.00 -750,838.00 -763,153.00 -609,362.00 -337,040.00 -214,418.00 -53,238.00 102,752.00 233,683.00 -351,997.00
      Capital Stock 1,343.00 1,343.00 1,341.00 1,336.00 1,335.00 1,335.00 1,335.00 1,330.00 1,330.00 1,329.00 1,328.00 1,323.00 1,321.00 1,320.00 1,318.00 1,314.00 1,314.00 1,313.00 1,313.00 1,235.00
      Share Premium 3,779,077.00 3,755,873.00 3,727,019.00 3,698,800.00 3,685,242.00 3,672,049.00 3,656,809.00 3,695,761.00 3,682,117.00 3,667,841.00 3,653,545.00 3,632,523.00 3,632,957.00 3,615,098.00 3,620,266.00 3,502,715.00 3,485,759.00 3,466,908.00 3,466,073.00 2,598,115.00
      Retained Earnings -1,528,294.00 -1,590,690.00 -1,630,831.00 -1,676,990.00 -1,926,524.00 -1,866,826.00 -1,950,755.00 -2,066,953.00 -2,767,938.00 -2,622,773.00 -2,699,476.00 -2,711,808.00 -2,744,222.00 -2,601,331.00 -2,471,285.00 -2,288,078.00 -2,110,895.00 -1,944,668.00 -1,813,317.00 -1,532,420.00
      Treasury Shares 2,620,502.00 2,618,638.00 2,455,134.00 2,241,607.00 2,037,046.00 1,918,595.00 1,849,172.00 1,836,326.00 1,694,891.00 1,635,966.00 1,634,706.00 1,623,872.00 1,614,997.00 1,585,678.00 1,448,040.00 1,436,373.00 1,433,535.00 1,427,094.00 1,426,887.00 1,422,531.00
      Accumulated Other Comprehensive Income -1,666.00 10,572.00 -3,073.00 -5,700.00 -4,409.00 2,213.00 4,830.00 3,406.00 6,218.00 7,916.00 10,475.00 -404.00 10,388.00 9,829.00 9,301.00 6,004.00 4,119.00 6,293.00 6,501.00 3,604.00
   Minority Interest -771,428.00 -766,434.00 -741,243.00 -744,442.00 -784,076.00 -792,138.00 -809,427.00 -849,552.00 -887,285.00 -876,911.00 -898,936.00 -889,527.00 -833,810.00 -764,892.00 -696,219.00 -621,797.00 -539,351.00 -456,591.00 -436,622.00 -385,320.00
Investments 1,342,745.00 769,348.00 706,378.00 0 0 500,000.00 848,732.00 845,192.00 791,676.00 288,201.00 57,136.00 78,842.00 81,208.00 92,579.00 100,101.00 111,319.00 94,309.00 98,043.00 102,412.00 100,329.00
Debt 12,196,312.00 12,169,551.00 12,184,399.00 12,165,624.00 13,406,977.00 12,647,610.00 12,846,653.00 13,370,086.00 13,405,784.00 13,753,514.00 13,877,650.00 13,732,016.00 12,224,610.00 12,022,134.00 12,036,215.00 12,049,733.00 11,860,941.00 12,040,384.00 12,074,584.00 13,188,894.00
Net Debt 10,710,021.00 10,184,799.00 10,114,313.00 9,739,469.00 9,793,758.00 10,268,195.00 10,127,750.00 10,195,682.00 10,324,993.00 9,807,443.00 10,028,467.00 10,076,757.00 10,276,069.00 10,001,631.00 9,713,128.00 9,522,307.00 9,381,566.00 9,235,091.00 9,181,364.00 9,706,862.00
Common Shares Outstanding 103,977.28 103,976.83 105,869.62 107,821.57 109,922.08 111,375.06 112,071.15 111,737.24 113,357.21 113,942.93 113,808.04 113,369.44 113,373.33 113,707.64 115,917.96 115,714.94 115,658.82 115,683.98 115,647.33 107,888.34
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 5,271,941.00 3,438,194.00 1,700,397.00 -3,619,953.00 5,289,164.00 3,595,841.00 1,862,909.00 -2,602,720.00 4,691,437.00 3,019,501.00 1,423,679.00 -1,810,563.00 2,751,888.00 1,862,166.00 953,334.00 -1,410,353.00 2,721,439.00 1,726,795.00 725,783.00
Cost Of Revenue 5,288,863.00 3,452,829.00 1,708,313.00 921,756.00 2,990,905.00 2,013,689.00 1,034,349.00 -1,522,607.00 2,685,447.00 1,726,535.00 819,188.00 -1,169,962.00 1,753,886.00 1,187,944.00 618,354.00 -977,195.00 1,850,664.00 1,163,103.00 522,009.00
Gross Profit -16,922.00 -14,635.00 -7,916.00 -4,541,709.00 2,298,259.00 1,582,152.00 828,560.00 -1,080,113.00 2,005,990.00 1,292,966.00 604,491.00 -640,601.00 998,002.00 674,222.00 334,980.00 -433,158.00 870,775.00 563,692.00 203,774.00
Operating Expenses -860,600.00 -547,824.00 -276,505.00 -3,913,064.00 1,532,423.00 949,553.00 465,619.00 -848,472.00 1,523,544.00 873,115.00 434,976.00 -981,567.00 1,197,886.00 821,115.00 429,845.00 -708,519.00 1,159,692.00 768,945.00 379,506.00
   Selling, General and Administrative Expenses 831,539.00 556,504.00 275,689.00 -535,656.00 808,172.00 536,343.00 271,616.00 -497,381.00 785,538.00 517,093.00 259,772.00 -361,921.00 598,433.00 397,158.00 196,780.00 -335,170.00 574,669.00 377,319.00 179,774.00
   Other Operating Expenses -1,692,139.00 -1,104,328.00 -552,194.00 -3,377,408.00 724,251.00 413,210.00 194,003.00 -351,091.00 738,006.00 356,022.00 175,204.00 -619,646.00 599,453.00 423,957.00 233,065.00 -373,349.00 585,023.00 391,626.00 199,732.00
Operating Income 843,678.00 533,189.00 268,589.00 -628,645.00 765,836.00 632,599.00 362,941.00 -231,641.00 482,446.00 419,851.00 169,515.00 340,966.00 -199,884.00 -146,893.00 -94,865.00 275,361.00 -288,917.00 -205,253.00 -175,732.00
Net Non-Operating Income -474,139.00 -353,213.00 -176,162.00 362,379.00 -403,404.00 -281,879.00 -166,429.00 369,542.00 -471,432.00 -285,547.00 -167,351.00 351,217.00 -472,691.00 -319,281.00 -158,605.00 310,409.00 -464,297.00 -303,133.00 -159,954.00
Interest Income 521,539.00 347,377.00 176,967.00 -466,587.00 630,707.00 432,056.00 222,576.00 -460,350.00 697,408.00 462,303.00 227,933.00 -266,882.00 483,128.00 310,959.00 153,438.00 -305,613.00 455,732.00 304,900.00 153,756.00
Interest Expense 469,740.00 312,159.00 157,608.00 -375,916.00 524,922.00 357,000.00 182,404.00 -380,768.00 566,554.00 377,983.00 187,740.00 -280,526.00 472,265.00 306,988.00 152,158.00 -304,167.00 453,601.00 303,276.00 152,852.00
Net Interest 51,799.00 35,218.00 19,359.00 -90,671.00 105,785.00 75,056.00 40,172.00 -79,582.00 130,854.00 84,320.00 40,193.00 13,644.00 10,863.00 3,971.00 1,280.00 -1,446.00 2,131.00 1,624.00 904.00
EBT 369,539.00 179,976.00 92,427.00 -266,266.00 362,432.00 350,720.00 196,512.00 137,901.00 11,014.00 134,304.00 2,164.00 692,183.00 -672,575.00 -466,174.00 -253,470.00 585,770.00 -753,214.00 -508,386.00 -335,686.00
Income Tax 82,746.00 21,610.00 11,022.00 -89,357.00 45,076.00 27,949.00 20,014.00 487,919.00 2,574.00 5,323.00 1,018.00 3,086.00 3,248.00 1,858.00 1,140.00 -3,554.00 2,345.00 1,190.00 493.00
Equity Method Investments Income -16,600.00 -9,500.00 -3,300.00 6,100.00 0 0 0 2,400.00 0 0 0 0 0 0 0 0 0 0 0
Net Income Including Non-Controlling Interests 167,819.00 119,564.00 64,089.00 -69,897.00 130,856.00 189,547.00 111,934.00 554,966.00 -6,764.00 106,051.00 23,518.00 369,123.00 -236,711.00 -158,718.00 -112,038.00 442,946.00 -401,633.00 -315,118.00 -225,777.00
Net Income Non-Controlling Interests 59,487.00 19,401.00 8,658.00 -53,506.00 93,250.00 66,612.00 32,282.00 44,342.00 7,602.00 11,465.00 -11,186.00 159,987.00 -219,556.00 -154,657.00 -71,286.00 73,189.00 -176,963.00 -97,229.00 -55,201.00
Net Income 227,306.00 138,965.00 72,747.00 -123,403.00 224,106.00 256,159.00 144,216.00 599,308.00 838.00 117,516.00 12,332.00 529,110.00 -456,267.00 -313,375.00 -183,324.00 516,135.00 -578,596.00 -412,347.00 -280,978.00
EBIT 839,279.00 492,135.00 250,035.00 -642,182.00 887,354.00 707,720.00 378,916.00 -242,867.00 577,568.00 512,287.00 189,904.00 411,657.00 -200,310.00 -159,186.00 -101,312.00 281,603.00 -299,613.00 -205,110.00 -182,834.00
Deprecation and Amortization 461,156.00 308,328.00 155,421.00 -374,987.00 507,611.00 351,338.00 174,933.00 -331,059.00 510,743.00 338,774.00 168,812.00 -359,788.00 520,026.00 347,524.00 184,556.00 -383,125.00 545,538.00 368,428.00 185,121.00
EBITDA 1,300,435.00 800,463.00 405,456.00 -1,017,169.00 1,394,965.00 1,059,058.00 553,849.00 -573,926.00 1,088,311.00 851,061.00 358,716.00 51,869.00 319,716.00 188,338.00 83,244.00 -101,522.00 245,925.00 163,318.00 2,287.00
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 -0.01 -0.00 -0.00
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 -0.01 -0.00 -0.00
Average Shares Outstanding Basic 103,955.00 104,486.00 105,492.00 107,302.00 110,559.00 110,980.00 111,023.00 111,705.00 112,813.00 112,821.00 112,753.00 110,652.00 114,061.00 114,749.00 115,030.00 117,808.00 113,420.00 112,792.00 111,020.00
Average Shares Outstanding Diluted 104,373.00 104,749.00 105,730.00 107,703.00 110,810.00 111,222.00 111,333.00 112,029.00 113,132.00 113,143.00 113,116.00 110,652.00 114,061.00 114,749.00 115,030.00 117,808.00 113,420.00 112,792.00 111,020.00
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 874,637.00 538,836.00 133,774.00 -503,920.00 947,175.00 667,854.00 315,094.00 -258,901.00 806,550.00 530,739.00 169,491.00 356,602.00 -153,038.00 -157,451.00 -117,385.00 474,954.00 -216,832.00 -226,807.00 -253,906.00
   Operating Net Income 800,892.00 455,697.00 235,557.00 -477,221.00 858,818.00 901,701.00 497,212.00 1,886,608.00 17,718.00 375,478.00 14,624.00 1,907,304.00 -1,807,913.00 -1,249,439.00 -692,544.00 1,694,783.00 -2,089,714.00 -1,431,499.00 -953,336.00
   Deprecation and Amortization 461,156.00 308,328.00 155,421.00 -374,987.00 507,611.00 351,338.00 174,933.00 -331,059.00 510,743.00 338,774.00 168,812.00 -359,788.00 520,026.00 347,524.00 184,556.00 -383,125.00 545,538.00 368,428.00 185,121.00
   Deferred Income Tax 76,247.00 17,684.00 9,174.00 -83,699.00 37,780.00 22,307.00 16,774.00 -501,053.00 -198.00 -1,371.00 -162.00 1,209.00 1,188.00 429.00 415.00 -1,705.00 -527.00 -767.00 293.00
   Share Based Compensation 70,901.00 48,237.00 19,400.00 -30,082.00 44,206.00 30,536.00 14,369.00 -32,329.00 49,139.00 32,995.00 14,710.00 -23,337.00 48,569.00 28,495.00 13,900.00 -53,594.00 75,033.00 49,453.00 24,346.00
   Change in Working Capital -66,359.00 -95,613.00 -148,131.00 397,570.00 -117,040.00 -186,269.00 -183,629.00 191,093.00 51,907.00 28,473.00 -16,112.00 450,958.00 -139,660.00 -187,419.00 -142,090.00 102,144.00 -50,230.00 -24,726.00 -87,824.00
   Other Operating Activities -468,200.00 -195,497.00 -137,647.00 64,499.00 -384,200.00 -451,759.00 -204,565.00 -1,472,161.00 177,241.00 -243,610.00 -12,381.00 -1,619,744.00 1,224,752.00 902,959.00 518,378.00 -883,549.00 1,303,068.00 812,304.00 577,494.00
Investing Cash Flow -1,199,731.00 -456,036.00 -221,511.00 228,975.00 126,512.00 -271,626.00 -167,419.00 512,056.00 -1,178,378.00 -544,261.00 -131,950.00 1,925,251.00 -283,685.00 -195,384.00 -97,215.00 57,637.00 -229,140.00 -122,284.00 -48,636.00
   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 490,828.00 325,900.00 160,435.00 -142,952.00 322,102.00 195,240.00 97,943.00 -340,070.00 392,839.00 258,722.00 132,464.00 69,304.00 284,655.00 195,442.00 97,273.00 233,290.00 236,518.00 129,288.00 48,904.00
   Net Purchase/Sale of Investments Net 475,000.00 0 0 -350,000.00 850,000.00 350,000.00 0 -236,519.00 786,519.00 286,519.00 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 236,117.00 130,642.00 61,484.00 -390,454.00 454,980.00 428,964.00 69,928.00 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -2,401,676.00 -912,578.00 -443,430.00 1,112,381.00 -1,500,570.00 -1,245,830.00 -335,290.00 1,088,645.00 -2,357,736.00 -1,089,502.00 -264,414.00 1,855,947.00 -568,340.00 -390,826.00 -194,488.00 -175,653.00 -465,658.00 -251,572.00 -97,540.00
Financing Cash Flow -611,314.00 -515,986.00 -266,951.00 44,097.00 -337,737.00 -895,791.00 -604,363.00 -293,547.00 -527,855.00 -18,807.00 121,003.00 106,915.00 9,441.00 -150,906.00 10,872.00 782,856.00 -555,569.00 -329,849.00 -285,440.00
   Net Issuance/Repayment of Debt 3,535,147.00 1,528,631.00 16,661.00 -510,678.00 2,549,502.00 1,550,299.00 1,373,722.00 -4,531,442.00 2,737,219.00 2,322,231.00 2,224,383.00 -32,669.00 261,747.00 33,602.00 16,943.00 -2,269,728.00 3,630,425.00 1,262,941.00 1,220,702.00
   Net Issuance/Repurchase of Equity 380,118.00 377,799.00 212,048.00 110,364.00 199,266.00 81,815.00 12,391.00 116,543.00 72,984.00 14,059.00 10,834.00 -149,202.00 178,624.00 149,305.00 11,667.00 -2,527,110.00 852,900.00 846,459.00 846,255.00
   Dividends Paid 148,861.00 88,290.00 26,793.00 -70,566.00 112,045.00 70,126.00 27,959.00 -871.00 56,720.00 28,709.00 175.00 -2,325.00 1,316.00 1,291.00 1,163.00 -62.00 932.00 388.00 295.00
   Other Financing Activities -4,675,440.00 -2,510,706.00 -522,453.00 514,977.00 -3,198,550.00 -2,598,031.00 -2,018,435.00 4,122,223.00 -3,394,778.00 -2,383,806.00 -2,114,389.00 291,111.00 -432,246.00 -335,104.00 -18,901.00 5,579,756.00 -5,039,826.00 -2,439,637.00 -2,352,692.00
Net Change in Cash -938,895.00 -441,765.00 -356,317.00 -228,489.00 739,301.00 -499,368.00 -459,063.00 -30,958.00 -903,404.00 -35,193.00 155,977.00 2,392,308.00 -428,401.00 -507,331.00 -204,653.00 1,314,325.00 -1,003,230.00 -677,299.00 -589,113.00
   Cash at Beginning of Period 2,521,793.00 2,521,793.00 2,521,793.00 2,750,282.00 2,969,412.00 2,969,412.00 2,969,412.00 3,000,370.00 3,782,990.00 3,782,990.00 3,782,990.00 1,390,682.00 2,531,067.00 2,531,067.00 2,531,067.00 1,216,742.00 3,486,384.00 3,486,384.00 3,486,384.00
   Cash at End of Period 1,582,898.00 2,080,028.00 2,165,476.00 2,521,793.00 3,708,713.00 2,470,044.00 2,510,349.00 2,969,412.00 2,879,586.00 3,747,797.00 3,938,967.00 3,782,990.00 2,102,666.00 2,023,736.00 2,326,414.00 2,531,067.00 2,483,154.00 2,809,085.00 2,897,271.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0