Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 104.74 7.43 5.70 111.67
Price to Sales 0.39 0.29 0.36 0.56
Book Value Per Common Share 1.03 1.00 0.95 0.90
Price to Book 1.92 1.61 1.91 2.23
Price to Operating Cash Flow 4.10 4.11 2.39 6.91
Price to Free Cash Flow 5.61 4.98 3.39 21.73
Enterprise Value to EBITDA 1154185.86 201649.29 201788.80 648056.01
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 1.09 0.35 -345.38 -12.76 25.52
Price to Sales 4.76 2.44 3.11 1.49 1.47
Book Value Per Common Share 5.20 3.34 1.02 1.03 1.06
Price to Book 1.84 1.21 4.41 1.92 1.74
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA 53372.65 17499.11 33418335.70 997873.64

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -91.28 -31.77 1675.00
Revenue YoY -11.16 6.51 43.02
EBITDA YoY -79.61 -11.35 180.27
Net Profit YoY -91.46 -33.72 1702.10
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY -24.62
Revenue YoY 21.62 17.06 5.32 5.20
EBITDA YoY -23.87 172673.03
Net Profit YoY -24.37

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 4.51 4.16 3.88 3.57
Quick Ratio 2.79 2.46 2.52 2.33
Current Ratio 2.86 2.56 2.59 2.45
Debt to Equity 0.49 0.45 0.50 0.46
Long-Term Debt to Equity 0.09 0.05 0.09 0.06
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 4.54 4.41 4.49 4.58 4.29
Quick Ratio 1.92 2.01 2.48 2.79 2.82
Current Ratio 2.02 2.10 2.60 2.86 2.92
Debt to Equity 0.15 0.22 0.53 0.49 0.40
Long-Term Debt to Equity 0.03 0.05 0.09 0.09 0.05

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 0.26 3.04 4.63 0.27
ROE 0.38 4.40 6.96 0.39
Gross Margin 51.86 44.83 41.42 50.33
Operating Margin -0.50 5.47 7.47 0.45
EBITDA Margin 1.64 7.15 8.58 4.38
Net Profit Margin 0.38 3.91 6.29 0.50
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 30.05 57.05 -0.16 -2.06 0.97
ROE 34.45 69.61 -0.25 -3.08 1.36
Gross Margin 48.08 49.47 49.86 51.88 50.68
Operating Margin 437.62 699.13 0.47 -21.21 7.36
EBITDA Margin 437.62 699.13 0.47 -21.21 7.36
Net Profit Margin 436.95 702.68 -0.90 -11.64 5.76

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 473,901.00 468,686.00 463,323.00 440,718.00
   Current Assets 363,032.00 327,376.00 332,184.00 293,928.00
      Cash and Short-Term Investments 287,538.00 271,880.00 260,780.00 239,010.00
            Cash and Cash Equivalents 177,329.00 170,802.00 177,154.00 123,358.00
            Short-Term Investments 110,209.00 101,078.00 83,626.00 115,652.00
      Net Receivables 65,939.00 42,997.00 62,680.00 40,664.00
      Inventory 1,255.00 2,219.00 457.00 1,363.00
      Other Current Assets 8,300.00 10,280.00 8,267.00 12,891.00
   Non-Current Assets 110,869.00 141,310.00 131,139.00 146,790.00
      Property, Plant, Equipment Net 55,880.00 60,603.00 62,599.00 57,684.00
      Goodwill 0 20,826.00 21,179.00 23,136.00
      Intangible Assets 8,310.00 5,697.00 6,546.00 8,299.00
      Long-Term Investments 30,599.00 32,134.00 30,811.00 31,495.00
      Non-Current Deferred Assets 10,528.00 478.00 213.00 0
      Other Non-Current Assets 5,552.00 21,572.00 9,791.00 26,176.00
Liabilities 156,116.00 145,213.00 154,902.00 138,951.00
   Current Liabilities 126,736.00 128,086.00 128,290.00 119,878.00
      Payables and Expenses 84,460.00 84,529.00 82,016.00 80,092.00
            Account Payables 22,964.00 24,430.00 25,432.00 26,407.00
            Current Accrued Liabilities 26,727.00 27,143.00 28,092.00 24,525.00
      Short-Term Debt 2,340.00 7,182.00 7,307.00 2,894.00
      Other Current Liabilities 39,936.00 36,375.00 38,967.00 36,892.00
   Non-Current Liabilities 29,380.00 17,127.00 26,612.00 19,073.00
      Long-Term Debt 27,288.00 15,768.00 25,049.00 17,298.00
      Other Non-Current Liabilities 2,092.00 1,359.00 1,563.00 1,775.00
Equity 317,785.00 323,473.00 308,421.00 301,767.00
   Shareholders Equity 318,056.00 324,862.00 309,893.00 303,647.00
      Capital Stock 77.00 81.00 81.00 84.00
      Share Premium 477,244.00 482,484.00 477,495.00 476,057.00
      Retained Earnings -146,305.00 -146,944.00 -160,063.00 -180,645.00
      Treasury Shares 0 0 -12.00 -8.00
      Accumulated Other Comprehensive Income -12,960.00 -10,759.00 -7,620.00 8,151.00
   Minority Interest -271.00 -1,389.00 -1,472.00 -1,880.00
Debt 29,628.00 22,950.00 32,356.00 20,192.00
Common Shares Outstanding 307,351.20 323,525.56 325,047.74 337,257.95
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 323,140.00 363,722.00 341,497.00 238,782.00
Cost Of Revenue 155,567.00 200,649.00 200,054.00 118,603.00
Interest Income 4,892.00 4,619.00 1,898.00 723.00
Interest Expense 728.00 1,514.00 93.00 95.00
Non-Interest Expense 90,669.00 90,384.00 64,542.00 61,437.00
Gross Profit 167,573.00 163,073.00 141,443.00 120,179.00
Operating Expenses 161,472.00 161,485.00 127,781.00 120,478.00
   Selling, General and Administrative Expenses 90,669.00 90,384.00 64,542.00 61,437.00
   Research and Development Expenses 71,572.00 74,201.00 67,680.00 61,859.00
   Other Operating Expenses -1,057.00 -2,360.00 -2,377.00 -3,206.00
Operating Income 6,101.00 1,588.00 13,662.00 -299.00
Net Non-Operating Income 3,911.00 7,536.00 2,853.00 -627.00
EBT -2,357.00 18,397.00 25,415.00 983.00
Income Tax -3,020.00 4,131.00 4,068.00 -125.00
Net Income Including Non-Controlling Interests 663.00 14,266.00 21,347.00 1,108.00
Net Income Non-Controlling Interests 552.00 -41.00 116.00 83.00
Net Income 1,215.00 14,225.00 21,463.00 1,191.00
EBIT -1,629.00 19,911.00 25,508.00 1,078.00
Deprecation and Amortization 6,928.00 6,079.00 3,808.00 9,382.00
EBITDA 5,299.00 25,990.00 29,316.00 10,460.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 63,751.68 65,278.14 67,208.08 66,941.51
Average Shares Outstanding Diluted 63,829.26 65,369.90 67,247.10 67,193.96
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 30,976.00 25,716.00 51,109.00 19,480.00
   Operating Net Income 663.00 14,266.00 21,347.00 1,108.00
   Deprecation and Amortization 6,928.00 6,079.00 3,808.00 9,382.00
   Deferred Income Tax -10,068.00 -428.00 -382.00 -178.00
   Share Based Compensation 2,453.00 9,676.00 8,184.00 6,170.00
   Change in Working Capital 10,460.00 -3,770.00 19,262.00 1,845.00
   Other Operating Activities 20,540.00 -107.00 -1,110.00 1,153.00
Investing Cash Flow -21,913.00 -23,898.00 11,758.00 -32,619.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -7,912.00 -3,977.00 -14,963.00 -12,995.00
   Net Purchase/Sale of Investments Net -10,011.00 -18,823.00 26,662.00 637.00
   Net Purchase/Sale of Business -2,125.00 0 0 0
   Other Investing Activities -1,865.00 -1,098.00 59.00 0
Financing Cash Flow -925.00 -13,524.00 6,641.00 -223.00
   Net Issuance/Repayment of Debt 6,768.00 -8,837.00 13,312.00 -223.00
   Net Issuance/Repurchase of Equity -7,693.00 -4,687.00 -6,747.00 0
   Dividends Paid 0 0 0 0
   Other Financing Activities 0.00 0.00 76.00 0.00
Net Change in Cash 8,138.00 -11,706.00 69,508.00 -13,362.00
   Cash at Beginning of Period 170,802.00 184,808.00 127,436.00 138,789.00
   Cash at End of Period 177,547.00 170,802.00 184,808.00 127,436.00
Free Cash Flow 22,628.00 21,225.00 36,132.00 6,194.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 1,831,349.00 1,275,364.00 485,860.00 473,901.00 471,984.00
   Current Assets 365,666.00 373,470.00 361,576.00 363,032.00 348,381.00
      Cash and Short-Term Investments 284,101.00 275,596.00 274,572.00 287,538.00 272,032.00
            Cash and Cash Equivalents 129,592.00 170,734.00 163,136.00 177,329.00 133,436.00
            Short-Term Investments 154,509.00 104,862.00 111,436.00 110,209.00 138,596.00
      Net Receivables 64,778.00 82,339.00 70,516.00 65,939.00 64,057.00
      Inventory 872.00 947.00 1,024.00 1,255.00 1,465.00
      Other Current Assets 15,915.00 14,588.00 15,464.00 8,300.00 10,827.00
   Non-Current Assets 1,465,683.00 901,894.00 124,284.00 110,869.00 123,603.00
      Property, Plant, Equipment Net 56,190.00 56,420.00 55,163.00 55,880.00 58,324.00
      Goodwill 38,454.00 38,454.00 0 0 21,050.00
      Intangible Assets 35,824.00 37,452.00 8,416.00 8,310.00 8,999.00
      Long-Term Investments 1,298,852.00 751,728.00 31,049.00 30,599.00 30,768.00
      Non-Current Deferred Assets 11,670.00 12,264.00 10,720.00 10,528.00 784.00
      Other Non-Current Assets 24,693.00 5,576.00 0 5,552.00 3,678.00
Liabilities 234,065.00 230,192.00 168,635.00 156,116.00 135,212.00
   Current Liabilities 181,337.00 177,708.00 138,906.00 126,736.00 119,304.00
      Payables and Expenses 108,047.00 104,234.00 96,625.00 84,460.00 80,578.00
            Account Payables 34,000.00 33,477.00 24,900.00 22,964.00 24,933.00
            Current Accrued Liabilities 66,944.00 63,866.00 61,242.00 26,727.00 47,457.00
      Short-Term Debt 28,944.00 28,781.00 1,028.00 2,340.00 233.00
      Other Current Liabilities 44,346.00 44,693.00 41,253.00 39,936.00 38,493.00
   Non-Current Liabilities 52,728.00 52,484.00 29,729.00 29,380.00 15,908.00
      Long-Term Debt 41,599.00 41,533.00 27,340.00 27,288.00 14,404.00
      Other Non-Current Liabilities 11,129.00 10,951.00 2,389.00 2,092.00 1,504.00
Equity 1,597,284.00 1,045,172.00 317,225.00 317,785.00 336,772.00
   Shareholders Equity 1,598,114.00 1,045,784.00 317,645.00 318,056.00 336,999.00
      Capital Stock 78.00 78.00 78.00 77.00 79.00
      Share Premium 478,857.00 477,812.00 477,350.00 477,244.00 480,939.00
      Retained Earnings 1,131,096.00 580,480.00 -147,105.00 -146,305.00 -135,955.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -11,917.00 -12,586.00 -12,678.00 -12,960.00 -8,064.00
   Minority Interest -830.00 -612.00 -420.00 -271.00 -227.00
Debt 70,543.00 70,314.00 28,368.00 29,628.00 14,637.00
Common Shares Outstanding 307,351.20 312,793.67 311,860.33 307,351.20 316,960.16
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 125,930.00 103,545.00 88,454.00 83,989.00 79,838.00
Cost Of Revenue 65,387.00 52,320.00 44,350.00 40,416.00 39,380.00
Interest Income 640.00 1,039.00 1,072.00 1,173.00 1,233.00
Interest Expense 574.00 328.00 220.00 139.00 165.00
Non-Interest Expense 36,748.00 31,442.00 27,313.00 24,563.00 22,815.00
Gross Profit 60,543.00 51,225.00 44,104.00 43,573.00 40,458.00
Operating Expenses 57,750.00 49,864.00 46,056.00 42,344.00 40,559.00
   Selling, General and Administrative Expenses 36,748.00 31,442.00 27,313.00 24,563.00 22,815.00
   Research and Development Expenses 21,002.00 18,422.00 18,743.00 18,716.00 17,744.00
Operating Income 2,793.00 1,361.00 -1,952.00 1,229.00 -101.00
Net Non-Operating Income 547,726.00 721,767.00 1,234.00 -3,731.00 4,817.00
EBT 550,519.00 723,591.00 199.00 -17,954.00 5,711.00
Income Tax 469.00 -3,813.00 1,145.00 -8,083.00 1,335.00
Net Income Including Non-Controlling Interests 550,050.00 727,404.00 -946.00 -9,871.00 4,376.00
Net Income Non-Controlling Interests 202.00 186.00 146.00 97.00 219.00
Net Income 550,252.00 727,590.00 -800.00 -9,774.00 4,595.00
EBIT 551,093.00 723,919.00 419.00 -17,815.00 5,876.00
EBITDA 551,093.00 723,919.00 419.00 -17,815.00 5,876.00
EPS 0.01 0.01 -0.00 -0.00 0.00
Diluted EPS 0.01 0.01 -0.00 -0.00 0.00
Average Shares Outstanding Basic 62,640.40 62,439.21 61,216.59 62,732.82 63,482.03
Average Shares Outstanding Diluted 63,965.50 63,366.06 61,216.59 62,732.82 63,584.23
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