Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Price to Earnings 13.72 11.25 8.32 11.35
Price to Sales 0.97 1.18 1.12 0.92
Book Value Per Common Share 60.58 51.57 47.78 39.77 37.13
Price to Book 1.78 1.94 2.31 1.54
Price to Operating Cash Flow 8.40 7.32 6.04 5.44
Price to Free Cash Flow
Enterprise Value to EBITDA 21186.15 53454.36 43886.45 49136.63
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
Price to Earnings 21.85 31.71 67.57 19.15 27.41 56.43 16.85 22.67 39.30 8.59 15.60 64.52 17.77 36.25 87.23
Price to Sales 1.43 2.09 4.58 1.97 2.82 5.59 1.84 2.58 5.20 1.16 1.76 3.89 1.25 2.13 4.03
Book Value Per Common Share 61.79 61.59 60.96 60.58 61.11 60.41 52.05 51.57 50.39 49.72 49.14 47.78 45.19 42.54 40.17 39.77 37.93 37.45 37.07 37.13
Price to Book 1.82 1.75 1.95 1.78 1.92 1.91 2.23 1.94 2.33 2.16 2.23 2.31 1.93 2.01 2.06 1.54 1.55 1.68 1.51
Price to Operating Cash Flow 12.42 19.14 40.14 12.22 19.70 31.69 11.46 17.03 27.53 6.24 10.47 23.83 8.11 14.26 25.75
Price to Free Cash Flow
Enterprise Value to EBITDA 29735.30 43712.11 95813.04 90998.05 137772.34 263381.12 83753.39 114942.21 209071.14 45817.90 75617.06 197399.06 70798.84 131136.86 266986.90

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Earning YoY -11.81 -32.96 146.01
Revenue YoY 38.75 -16.70 44.83 57.38
EBITDA YoY 197.58 -27.60 94.35 188.71
Net Profit YoY -2.66 -35.40 141.93 1704.23
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 51.76 93.18 45.71 103.88 47.57 69.53 85.25 328.91 90.23 171.88
Revenue YoY 52.02 97.20 51.10 112.01 53.55 95.78 54.36 127.82 58.15 114.53
EBITDA YoY 52.09 96.52 -51.31 52.50 113.34 48.95 76.14 66.25 167.80 72.72 130.03
Net Profit YoY 53.66 92.13 49.31 112.41 46.97 68.94 84.27 325.73 90.97 171.79

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash Per Common Share 5.39 7.79 31.42 15.82 1.02
Quick Ratio 0.63 0.66 1.26 1.07 0.44
Current Ratio 1.52 1.59 0.71 0.63 0.80
Debt to Equity 0.13 0.19 0.19 0.21 1.03
Long-Term Debt to Equity 0.06 0.07 0.03 0.09 0.68
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 3.20 3.61 4.23 5.33 6.04 6.14 8.34 7.95 8.11 7.24 7.97 32.37 7.19 4.44 2.60 15.95 1.12 0.81 0.82 1.03
Quick Ratio 0.76 0.84 0.88 0.63 0.98 0.98 1.02 0.66 1.05 1.06 1.07 1.26 0.98 0.84 0.74 1.07 0.55 0.51 0.47 0.44
Current Ratio 1.14 1.25 1.24 1.52 1.35 1.36 1.38 1.59 1.42 1.48 1.46 0.71 1.34 1.16 1.07 0.63 0.90 0.85 0.80 0.80
Debt to Equity 0.16 0.16 0.16 0.13 0.67 0.67 0.77 0.19 0.79 0.75 0.79 0.19 0.92 0.99 1.01 0.21 1.01 1.04 1.03 1.03
Long-Term Debt to Equity 0.09 0.10 0.10 0.06 0.42 0.41 0.44 0.07 0.45 0.46 0.47 0.03 0.53 0.56 0.60 0.09 0.64 0.66 0.67 0.68

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
ROA 2.23 3.55 5.38 2.47 0.38
ROE 2.52 4.23 6.41 3.00 0.78
Gross Margin
Operating Margin 31.96 15.56 18.99 11.27 -15.28
EBITDA Margin 46.23 21.55 24.80 18.48 10.07
Net Profit Margin 7.33 10.45 13.47 8.07 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
ROA 1.89 1.25 0.64 5.64 3.79 2.18 7.62 5.32 3.09 11.61 6.34 1.54 4.21 2.20 0.82
ROE 2.20 1.45 0.75 9.43 6.32 3.86 13.67 9.33 5.54 22.27 12.64 3.10 8.46 4.48 1.66
Gross Margin
Operating Margin 31.54 31.63 32.52 14.94 15.06 15.15 16.42 17.03 19.59 18.70 16.43 9.66 10.08 8.20 6.51
EBITDA Margin 46.96 46.94 47.10 21.27 21.08 20.95 21.38 22.04 24.50 24.66 22.89 19.48 17.53 16.05 14.97
Net Profit Margin 7.38 7.30 7.49 9.79 9.91 9.89 10.91 11.39 13.20 13.51 11.32 6.06 7.06 5.85 4.62

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 1,571,902,000.00 1,015,612,000.00 1,036,692,000.00 930,968,000.00 332,750,000.00
   Current Assets 161,055,000.00 168,403,000.00 97,631,000.00 59,154,000.00 44,893,000.00
      Cash and Short-Term Investments 23,187,000.00 31,568,000.00 132,116,000.00 67,611,000.00 4,364,000.00
            Cash and Cash Equivalents 23,187,000.00 31,568,000.00 132,116,000.00 67,611,000.00 4,364,000.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 43,681,000.00 38,015,000.00 41,749,000.00 32,383,000.00 20,581,000.00
      Inventory 23,524,000.00 25,120,000.00 24,435,000.00 18,780,000.00 18,850,000.00
      Other Current Assets 70,663,000.00 73,700,000.00 -100,669,000.00 -59,620,000.00 1,098,000.00
   Non-Current Assets 1,410,847,000.00 847,209,000.00 939,061,000.00 871,814,000.00 287,857,000.00
      Property, Plant, Equipment Net 953,691,000.00 748,574,000.00 713,233,000.00 752,635,000.00 783,244,000.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 47,200,000.00 47,630,000.00 49,793,000.00 45,195,000.00 43,515,000.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 409,956,000.00 51,005,000.00 176,035,000.00 73,984,000.00 -538,902,000.00
Liabilities 182,869,000.00 163,779,000.00 166,594,000.00 163,240,000.00 168,620,000.00
   Current Liabilities 105,792,000.00 105,689,000.00 138,240,000.00 93,802,000.00 56,363,000.00
      Payables and Expenses 61,297,000.00 58,037,000.00 63,197,000.00 50,766,000.00 35,221,000.00
            Account Payables 36,145,000.00 31,249,000.00 33,169,000.00 26,623,000.00 17,499,000.00
            Current Accrued Liabilities 4,055,000.00 3,189,000.00 5,214,000.00 1,601,000.00 684,000.00
      Short-Term Debt 4,955,000.00 4,090,000.00 634,000.00 4,276,000.00 20,458,000.00
      Other Current Liabilities 39,540,000.00 43,562,000.00 74,409,000.00 38,760,000.00 684,000.00
   Non-Current Liabilities 77,077,000.00 58,090,000.00 28,354,000.00 69,438,000.00 112,257,000.00
      Long-Term Debt 36,755,000.00 37,483,000.00 40,559,000.00 43,428,000.00 47,182,000.00
      Other Non-Current Liabilities 40,322,000.00 20,607,000.00 -12,205,000.00 26,010,000.00 65,075,000.00
Equity 1,389,033,000.00 851,833,000.00 870,098,000.00 767,728,000.00 164,130,000.00
   Shareholders Equity 263,705,000.00 204,802,000.00 195,049,000.00 168,577,000.00 157,150,000.00
      Capital Stock 46,238,000.00 17,781,000.00 15,752,000.00 15,746,000.00 15,688,000.00
      Share Premium 0 0 0 0 0
      Retained Earnings 470,903,000.00 453,927,000.00 432,860,000.00 392,059,000.00 383,943,000.00
      Treasury Shares 238,817,000.00 254,917,000.00 240,293,000.00 225,464,000.00 225,776,000.00
      Accumulated Other Comprehensive Income -14,619,000.00 -11,989,000.00 -13,270,000.00 -13,764,000.00 -16,705,000.00
   Minority Interest 6,901,000.00 7,736,000.00 7,424,000.00 7,106,000.00 6,980,000.00
Investments 47,200,000.00 47,630,000.00 49,793,000.00 45,195,000.00 43,515,000.00
Debt 41,710,000.00 41,573,000.00 41,193,000.00 47,704,000.00 67,640,000.00
Net Debt 18,523,000.00 10,005,000.00 0 0 63,276,000.00
Common Shares Outstanding 4,353,000.00 3,971,000.00 4,082,000.00 4,239,000.00 4,233,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenues 478,091,000.00 344,582,000.00 413,680,000.00 285,640,000.00 181,502,000.00
   Selling, General and Administrative Expenses 115,636,000.00 67,941,000.00 65,933,000.00 70,052,000.00 62,412,000.00
   Research and Development Expenses 987,000.00 879,000.00 824,000.00 843,000.00 1,016,000.00
Interest Income 0 2,477,000.00 1,244,000.00 980,000.00 1,207,000.00
Interest Expense 1,578,000.00 849,000.00 798,000.00 947,000.00 1,158,000.00
Net Interest 0 1,628,000.00 446,000.00 33,000.00 49,000.00
EBT 151,219,000.00 52,783,000.00 77,753,000.00 31,234,000.00 -28,883,000.00
Income Tax 57,000,000.00 46,287,000.00 60,528,000.00 22,908,000.00 16,896,000.00
Equity Method Investments Income 0 6,385,000.00 11,463,000.00 43,961,000.00 1,732,000.00
Net Income Including Non-Controlling Interests 30,807,000.00 34,666,000.00 53,903,000.00 22,482,000.00 2,088,000.00
Net Income Non-Controlling Interests 4,245,000.00 1,344,000.00 1,837,000.00 558,000.00 -811,000.00
Net Income 35,052,000.00 36,010,000.00 55,740,000.00 23,040,000.00 1,277,000.00
EBIT 152,797,000.00 53,632,000.00 78,551,000.00 32,181,000.00 -27,725,000.00
Deprecation and Amortization 68,222,000.00 20,641,000.00 24,040,000.00 20,607,000.00 46,009,000.00
EBITDA 221,019,000.00 74,273,000.00 102,591,000.00 52,788,000.00 18,284,000.00
EPS 0.01 0.01 0.01 0.01 -0.01
Diluted EPS 0.01 0.01 0.01 0.01 -0.01
Average Shares Outstanding Basic 4,298,000.00 4,052,000.00 4,205,000.00 4,275,000.00 4,271,000.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Cash Flow 55,022,000.00 55,369,000.00 76,797,000.00 48,129,000.00 14,668,000.00
   Operating Net Income 176,772,000.00 110,718,000.00 170,894,000.00 70,236,000.00 -68,942,000.00
   Deprecation and Amortization 68,222,000.00 20,641,000.00 24,040,000.00 20,607,000.00 46,009,000.00
   Deferred Income Tax -865,000.00 634,000.00 3,758,000.00 303,000.00 -8,856,000.00
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital 4,740,000.00 -3,239,000.00 26,086,000.00 16,850,000.00 -9,454,000.00
   Other Operating Activities -193,847,000.00 -73,385,000.00 -147,981,000.00 -59,867,000.00 55,911,000.00
Investing Cash Flow -19,938,000.00 -19,274,000.00 -14,742,000.00 -10,235,000.00 -18,459,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 24,306,000.00 21,919,000.00 18,407,000.00 12,076,000.00 17,282,000.00
   Net Purchase/Sale of Investments Net 1,926,000.00 1,562,000.00 1,508,000.00 1,482,000.00 2,681,000.00
   Net Purchase/Sale of Business 754,000.00 0 0 0 0
   Other Investing Activities -46,924,000.00 -42,755,000.00 -34,657,000.00 -23,793,000.00 -38,422,000.00
Financing Cash Flow -42,789,000.00 -34,297,000.00 -39,114,000.00 -35,423,000.00 5,285,000.00
   Net Issuance/Repayment of Debt 6,774,000.00 1,549,000.00 8,940,000.00 39,154,000.00 46,563,000.00
   Net Issuance/Repurchase of Equity 19,629,000.00 17,748,000.00 15,155,000.00 155,000.00 405,000.00
   Dividends Paid 17,362,000.00 15,472,000.00 15,206,000.00 15,148,000.00 15,053,000.00
   Other Financing Activities -86,554,000.00 -69,066,000.00 -78,415,000.00 -89,880,000.00 -56,736,000.00
Net Change in Cash -8,381,000.00 1,903,000.00 22,863,000.00 2,438,000.00 1,275,000.00
   Cash at Beginning of Period 31,568,000.00 29,665,000.00 6,802,000.00 4,364,000.00 3,089,000.00
   Cash at End of Period 23,187,000.00 31,568,000.00 29,665,000.00 6,802,000.00 4,364,000.00
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 1,326,539,000.00 1,307,459,000.00 1,319,734,000.00 1,571,902,000.00 461,916,000.00 460,707,000.00 377,918,000.00 1,015,612,000.00 372,259,000.00 363,248,000.00 369,371,000.00 1,036,692,000.00 370,152,000.00 367,774,000.00 354,771,000.00 930,968,000.00 336,688,000.00 337,289,000.00 333,770,000.00 332,750,000.00
   Current Assets 88,505,000.00 85,108,000.00 91,233,000.00 161,055,000.00 94,349,000.00 96,238,000.00 99,377,000.00 168,403,000.00 101,142,000.00 91,760,000.00 97,224,000.00 97,631,000.00 99,289,000.00 93,163,000.00 77,255,000.00 59,154,000.00 55,555,000.00 52,842,000.00 48,195,000.00 44,893,000.00
      Cash and Short-Term Investments 13,869,000.00 15,711,000.00 18,512,000.00 23,187,000.00 26,972,000.00 26,488,000.00 33,349,000.00 31,568,000.00 32,973,000.00 29,557,000.00 32,676,000.00 132,116,000.00 30,407,000.00 18,861,000.00 11,074,000.00 67,611,000.00 4,768,000.00 3,465,000.00 3,515,000.00 4,364,000.00
            Cash and Cash Equivalents 13,869,000.00 15,711,000.00 18,512,000.00 23,187,000.00 26,972,000.00 26,488,000.00 33,349,000.00 31,568,000.00 32,973,000.00 29,557,000.00 32,676,000.00 132,116,000.00 30,407,000.00 18,861,000.00 11,074,000.00 67,611,000.00 4,768,000.00 3,465,000.00 3,515,000.00 4,364,000.00
            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 45,285,000.00 41,792,000.00 46,303,000.00 43,681,000.00 41,505,000.00 43,071,000.00 40,366,000.00 38,015,000.00 41,814,000.00 35,915,000.00 38,808,000.00 41,749,000.00 42,411,000.00 48,063,000.00 42,142,000.00 32,383,000.00 29,516,000.00 28,540,000.00 24,755,000.00 20,581,000.00
      Inventory 27,238,000.00 25,371,000.00 24,478,000.00 23,524,000.00 23,875,000.00 24,503,000.00 23,491,000.00 25,120,000.00 24,450,000.00 24,249,000.00 23,642,000.00 24,435,000.00 24,096,000.00 23,585,000.00 22,177,000.00 18,780,000.00 19,607,000.00 19,275,000.00 18,357,000.00 18,850,000.00
      Other Current Assets 2,113,000.00 2,234,000.00 1,940,000.00 70,663,000.00 1,997,000.00 2,176,000.00 2,171,000.00 73,700,000.00 1,905,000.00 2,039,000.00 2,098,000.00 -100,669,000.00 2,375,000.00 2,654,000.00 1,862,000.00 -59,620,000.00 1,664,000.00 1,562,000.00 1,568,000.00 1,098,000.00
   Non-Current Assets 1,238,034,000.00 1,222,351,000.00 1,228,501,000.00 1,410,847,000.00 367,567,000.00 364,469,000.00 278,541,000.00 847,209,000.00 271,117,000.00 271,488,000.00 272,147,000.00 939,061,000.00 270,863,000.00 274,611,000.00 277,516,000.00 871,814,000.00 281,133,000.00 284,447,000.00 285,575,000.00 287,857,000.00
      Property, Plant, Equipment Net 298,388,000.00 295,356,000.00 292,646,000.00 953,691,000.00 299,543,000.00 298,283,000.00 213,723,000.00 748,574,000.00 205,862,000.00 206,736,000.00 206,023,000.00 713,233,000.00 203,102,000.00 209,159,000.00 212,773,000.00 752,635,000.00 218,795,000.00 223,012,000.00 224,641,000.00 783,244,000.00
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 46,138,000.00 46,092,000.00 47,853,000.00 47,200,000.00 48,869,000.00 47,948,000.00 47,608,000.00 47,630,000.00 48,066,000.00 47,273,000.00 49,044,000.00 49,793,000.00 50,235,000.00 46,820,000.00 46,329,000.00 45,195,000.00 45,641,000.00 44,774,000.00 44,181,000.00 43,515,000.00
      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 893,508,000.00 880,903,000.00 888,002,000.00 409,956,000.00 19,155,000.00 18,238,000.00 17,210,000.00 51,005,000.00 17,189,000.00 17,479,000.00 17,080,000.00 176,035,000.00 17,526,000.00 18,632,000.00 18,414,000.00 73,984,000.00 16,697,000.00 16,661,000.00 16,753,000.00 -538,902,000.00
Liabilities 186,117,000.00 177,635,000.00 182,102,000.00 182,869,000.00 185,516,000.00 184,441,000.00 164,866,000.00 163,779,000.00 164,726,000.00 156,251,000.00 162,957,000.00 166,594,000.00 177,109,000.00 183,266,000.00 178,245,000.00 163,240,000.00 169,182,000.00 171,733,000.00 169,669,000.00 168,620,000.00
   Current Liabilities 77,850,000.00 68,161,000.00 73,829,000.00 105,792,000.00 69,993,000.00 70,763,000.00 71,921,000.00 105,689,000.00 71,186,000.00 61,815,000.00 66,666,000.00 138,240,000.00 74,057,000.00 80,110,000.00 72,059,000.00 93,802,000.00 61,856,000.00 62,238,000.00 60,150,000.00 56,363,000.00
      Payables and Expenses 65,382,000.00 59,725,000.00 63,987,000.00 61,297,000.00 60,518,000.00 60,107,000.00 59,531,000.00 58,037,000.00 62,257,000.00 54,404,000.00 59,935,000.00 63,197,000.00 62,550,000.00 67,958,000.00 63,501,000.00 50,766,000.00 47,257,000.00 45,780,000.00 41,017,000.00 35,221,000.00
            Account Payables 0 0 0 36,145,000.00 0 0 0 31,249,000.00 0 0 0 33,169,000.00 0 0 0 26,623,000.00 0 0 0 17,499,000.00
            Current Accrued Liabilities 3,256,000.00 3,017,000.00 5,114,000.00 4,055,000.00 3,843,000.00 4,035,000.00 4,163,000.00 3,189,000.00 4,186,000.00 3,482,000.00 4,435,000.00 5,214,000.00 5,325,000.00 4,785,000.00 3,672,000.00 1,601,000.00 1,633,000.00 1,165,000.00 948,000.00 684,000.00
      Short-Term Debt 9,212,000.00 5,419,000.00 4,728,000.00 4,955,000.00 5,632,000.00 6,621,000.00 8,227,000.00 4,090,000.00 4,743,000.00 3,929,000.00 2,296,000.00 634,000.00 6,182,000.00 7,367,000.00 4,886,000.00 4,276,000.00 12,966,000.00 15,293,000.00 18,185,000.00 20,458,000.00
      Other Current Liabilities 3,256,000.00 3,017,000.00 5,114,000.00 39,540,000.00 3,843,000.00 4,035,000.00 4,163,000.00 43,562,000.00 4,186,000.00 3,482,000.00 4,435,000.00 74,409,000.00 5,325,000.00 4,785,000.00 3,672,000.00 38,760,000.00 1,633,000.00 1,165,000.00 948,000.00 684,000.00
   Non-Current Liabilities 108,267,000.00 109,474,000.00 108,273,000.00 77,077,000.00 115,523,000.00 113,678,000.00 92,945,000.00 58,090,000.00 93,540,000.00 94,436,000.00 96,291,000.00 28,354,000.00 103,052,000.00 103,156,000.00 106,186,000.00 69,438,000.00 107,326,000.00 109,495,000.00 109,519,000.00 112,257,000.00
      Long-Term Debt 32,824,000.00 33,570,000.00 32,823,000.00 36,755,000.00 36,918,000.00 36,565,000.00 32,213,000.00 37,483,000.00 36,510,000.00 37,567,000.00 39,150,000.00 40,559,000.00 39,246,000.00 39,516,000.00 42,651,000.00 43,428,000.00 43,639,000.00 45,319,000.00 45,137,000.00 47,182,000.00
      Other Non-Current Liabilities 75,443,000.00 75,904,000.00 75,450,000.00 40,322,000.00 78,605,000.00 77,113,000.00 60,732,000.00 20,607,000.00 57,030,000.00 56,869,000.00 57,141,000.00 -12,205,000.00 63,806,000.00 63,640,000.00 63,535,000.00 26,010,000.00 63,687,000.00 64,176,000.00 64,382,000.00 65,075,000.00
Equity 1,140,422,000.00 1,129,824,000.00 1,137,632,000.00 1,389,033,000.00 276,400,000.00 276,266,000.00 213,052,000.00 851,833,000.00 207,533,000.00 206,997,000.00 206,414,000.00 870,098,000.00 193,043,000.00 184,508,000.00 176,526,000.00 767,728,000.00 167,506,000.00 165,556,000.00 164,101,000.00 164,130,000.00
   Shareholders Equity 260,561,000.00 262,593,000.00 262,720,000.00 263,705,000.00 268,592,000.00 268,405,000.00 205,250,000.00 204,802,000.00 199,703,000.00 199,046,000.00 198,685,000.00 195,049,000.00 186,100,000.00 177,316,000.00 169,215,000.00 168,577,000.00 160,589,000.00 158,571,000.00 156,974,000.00 157,150,000.00
      Capital Stock 46,808,000.00 46,629,000.00 46,426,000.00 46,238,000.00 46,936,000.00 46,781,000.00 17,971,000.00 17,781,000.00 16,165,000.00 16,029,000.00 15,904,000.00 15,752,000.00 16,106,000.00 16,018,000.00 15,879,000.00 15,746,000.00 16,104,000.00 16,006,000.00 15,884,000.00 15,688,000.00
      Share Premium 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
      Retained Earnings 480,367,000.00 477,061,000.00 474,290,000.00 470,903,000.00 467,664,000.00 463,294,000.00 458,339,000.00 453,927,000.00 450,138,000.00 444,731,000.00 440,552,000.00 432,860,000.00 423,877,000.00 407,902,000.00 393,779,000.00 392,059,000.00 386,952,000.00 383,922,000.00 382,953,000.00 383,943,000.00
      Treasury Shares 253,832,000.00 248,661,000.00 243,658,000.00 238,817,000.00 234,049,000.00 228,483,000.00 257,891,000.00 254,917,000.00 253,512,000.00 249,057,000.00 244,676,000.00 240,293,000.00 236,080,000.00 231,587,000.00 227,529,000.00 225,464,000.00 225,771,000.00 225,771,000.00 225,773,000.00 225,776,000.00
      Accumulated Other Comprehensive Income -12,782,000.00 -12,436,000.00 -14,338,000.00 -14,619,000.00 -11,959,000.00 -13,187,000.00 -13,169,000.00 -11,989,000.00 -13,088,000.00 -12,657,000.00 -13,095,000.00 -13,270,000.00 -17,803,000.00 -15,017,000.00 -12,914,000.00 -13,764,000.00 -16,696,000.00 -15,586,000.00 -16,090,000.00 -16,705,000.00
   Minority Interest 7,662,000.00 7,369,000.00 7,086,000.00 6,901,000.00 7,808,000.00 7,861,000.00 7,802,000.00 7,736,000.00 7,830,000.00 7,951,000.00 7,729,000.00 7,424,000.00 6,943,000.00 7,192,000.00 7,311,000.00 7,106,000.00 6,917,000.00 6,985,000.00 7,127,000.00 6,980,000.00
Investments 46,138,000.00 46,092,000.00 47,853,000.00 47,200,000.00 48,869,000.00 47,948,000.00 47,608,000.00 47,630,000.00 48,066,000.00 47,273,000.00 49,044,000.00 49,793,000.00 50,235,000.00 46,820,000.00 46,329,000.00 45,195,000.00 45,641,000.00 44,774,000.00 44,181,000.00 43,515,000.00
Debt 42,036,000.00 38,989,000.00 37,551,000.00 41,710,000.00 42,550,000.00 43,186,000.00 40,440,000.00 41,573,000.00 41,253,000.00 41,496,000.00 41,446,000.00 41,193,000.00 45,428,000.00 46,883,000.00 47,537,000.00 47,704,000.00 56,605,000.00 60,612,000.00 63,322,000.00 67,640,000.00
Net Debt 28,167,000.00 23,278,000.00 19,039,000.00 18,523,000.00 15,578,000.00 16,698,000.00 7,091,000.00 10,005,000.00 8,280,000.00 11,939,000.00 8,770,000.00 0 15,021,000.00 28,022,000.00 36,463,000.00 0 51,837,000.00 57,147,000.00 59,807,000.00 63,276,000.00
Common Shares Outstanding 4,217,165.61 4,263,247.02 4,310,000.00 4,353,000.00 4,395,094.54 4,443,000.00 3,943,006.87 3,971,000.00 3,963,000.00 4,003,192.79 4,043,000.00 4,082,000.00 4,118,293.42 4,168,000.00 4,213,000.00 4,239,000.00 4,234,000.00 4,234,000.00 4,234,000.00 4,233,000.00
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 340,527,000.00 224,000,000.00 113,593,000.00 -47,294,000.00 266,159,000.00 176,143,000.00 83,083,000.00 -171,698,000.00 260,238,000.00 169,478,000.00 86,564,000.00 -201,252,000.00 318,251,000.00 206,181,000.00 90,500,000.00 -101,071,000.00 200,675,000.00 126,889,000.00 59,147,000.00
   Selling, General and Administrative Expenses 64,401,000.00 41,944,000.00 20,647,000.00 61,877,000.00 26,976,000.00 17,965,000.00 8,818,000.00 8,883,000.00 29,824,000.00 19,623,000.00 9,611,000.00 8,337,000.00 28,272,000.00 19,361,000.00 9,963,000.00 12,430,000.00 29,355,000.00 19,179,000.00 9,088,000.00
   Research and Development Expenses 0 0 0 987,000.00 0 0 0 879,000.00 0 0 0 824,000.00 0 0 0 843,000.00 0 0 0
Interest Income 0 0 0 0 0 0 0 2,477,000.00 0 0 0 1,244,000.00 0 0 0 980,000.00 0 0 0
Interest Expense 740,000.00 518,000.00 293,000.00 166,000.00 699,000.00 492,000.00 221,000.00 -295,000.00 577,000.00 408,000.00 159,000.00 -363,000.00 591,000.00 382,000.00 188,000.00 -549,000.00 726,000.00 512,000.00 258,000.00
Net Interest 0 0 0 0 0 0 0 1,628,000.00 0 0 0 446,000.00 0 0 0 33,000.00 0 0 0
EBT 106,649,000.00 70,337,000.00 36,650,000.00 73,756,000.00 39,060,000.00 26,034,000.00 12,369,000.00 -34,637,000.00 42,158,000.00 28,459,000.00 16,803,000.00 -23,203,000.00 58,911,000.00 33,489,000.00 8,556,000.00 -1,762,000.00 19,505,000.00 9,899,000.00 3,592,000.00
Income Tax 31,238,000.00 20,984,000.00 10,919,000.00 33,348,000.00 11,952,000.00 7,897,000.00 3,803,000.00 20,048,000.00 12,816,000.00 8,463,000.00 4,960,000.00 34,168,000.00 14,389,000.00 9,165,000.00 2,806,000.00 14,804,000.00 4,986,000.00 2,322,000.00 796,000.00
Equity Method Investments Income 0 0 0 0 0 0 0 6,385,000.00 0 0 0 -8,159,000.00 10,858,000.00 6,226,000.00 2,538,000.00 35,000,000.00 4,579,000.00 2,909,000.00 1,473,000.00
Net Income Including Non-Controlling Interests 22,310,000.00 14,498,000.00 7,515,000.00 -18,882,000.00 25,032,000.00 16,783,000.00 7,874,000.00 -22,393,000.00 27,418,000.00 18,624,000.00 11,017,000.00 -15,101,000.00 41,458,000.00 22,336,000.00 5,210,000.00 -1,266,000.00 13,821,000.00 7,263,000.00 2,664,000.00
Net Income Non-Controlling Interests 2,816,000.00 1,854,000.00 996,000.00 2,184,000.00 1,038,000.00 677,000.00 346,000.00 -717,000.00 962,000.00 686,000.00 413,000.00 -959,000.00 1,532,000.00 994,000.00 270,000.00 -14,000.00 349,000.00 157,000.00 66,000.00
Net Income 25,126,000.00 16,352,000.00 8,511,000.00 -16,698,000.00 26,070,000.00 17,460,000.00 8,220,000.00 -23,110,000.00 28,380,000.00 19,310,000.00 11,430,000.00 -16,060,000.00 42,990,000.00 23,330,000.00 5,480,000.00 -1,280,000.00 14,170,000.00 7,420,000.00 2,730,000.00
EBIT 107,389,000.00 70,855,000.00 36,943,000.00 73,922,000.00 39,759,000.00 26,526,000.00 12,590,000.00 -34,932,000.00 42,735,000.00 28,867,000.00 16,962,000.00 -23,566,000.00 59,502,000.00 33,871,000.00 8,744,000.00 -2,311,000.00 20,231,000.00 10,411,000.00 3,850,000.00
Deprecation and Amortization 52,518,000.00 34,283,000.00 16,556,000.00 35,954,000.00 16,857,000.00 10,599,000.00 4,812,000.00 -4,990,000.00 12,901,000.00 8,486,000.00 4,244,000.00 -17,153,000.00 18,976,000.00 13,334,000.00 8,883,000.00 -9,299,000.00 14,946,000.00 9,956,000.00 5,004,000.00
EBITDA 159,907,000.00 105,138,000.00 53,499,000.00 109,876,000.00 56,616,000.00 37,125,000.00 17,402,000.00 -39,922,000.00 55,636,000.00 37,353,000.00 21,206,000.00 -40,719,000.00 78,478,000.00 47,205,000.00 17,627,000.00 -11,610,000.00 35,177,000.00 20,367,000.00 8,854,000.00
EPS 0.01 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.01 0.00 0.00 -0.00 0.01 0.01 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 0.01 0.00 0.00 0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 4,328,000.00 4,351,000.00 4,372,000.00 4,415,000.00 4,462,000.00 4,317,000.00 3,998,000.00 3,958,000.00 4,064,000.00 4,084,000.00 4,102,000.00 4,079,000.00 4,227,000.00 4,248,000.00 4,266,000.00 4,276,000.00 4,276,000.00 4,276,000.00 4,272,000.00
Average Shares Outstanding Diluted 0 0 0 0.00 0 0 0 0.00 0 0 0 0.00 0 0 0 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 39,291,000.00 24,503,000.00 12,953,000.00 -27,659,000.00 42,793,000.00 25,224,000.00 14,664,000.00 -28,383,000.00 41,687,000.00 25,724,000.00 16,341,000.00 -31,918,000.00 59,176,000.00 34,751,000.00 14,788,000.00 -11,054,000.00 31,005,000.00 18,914,000.00 9,264,000.00
   Operating Net Income 120,909,000.00 79,535,000.00 41,477,000.00 17,400,000.00 80,286,000.00 53,734,000.00 25,352,000.00 -70,764,000.00 87,064,000.00 59,302,000.00 35,116,000.00 -50,098,000.00 132,034,000.00 71,978,000.00 16,980,000.00 -3,868,000.00 43,208,000.00 22,574,000.00 8,322,000.00
   Deprecation and Amortization 52,518,000.00 34,283,000.00 16,556,000.00 35,954,000.00 16,857,000.00 10,599,000.00 4,812,000.00 -4,990,000.00 12,901,000.00 8,486,000.00 4,244,000.00 -17,153,000.00 18,976,000.00 13,334,000.00 8,883,000.00 -9,299,000.00 14,946,000.00 9,956,000.00 5,004,000.00
   Deferred Income Tax 0 0 0 -865,000.00 0 0 0 634,000.00 0 0 0 3,758,000.00 0 0 0 303,000.00 0 0 0
   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 5,000,000.00 4,848,000.00 878,000.00 3,866,000.00 274,000.00 2,608,000.00 -2,008,000.00 -9,490,000.00 2,064,000.00 3,885,000.00 302,000.00 25,517,000.00 -6,000.00 1,661,000.00 -1,086,000.00 22,608,000.00 -2,232,000.00 -1,573,000.00 -1,953,000.00
   Other Operating Activities -139,136,000.00 -94,163,000.00 -45,958,000.00 -84,014,000.00 -54,624,000.00 -41,717,000.00 -13,492,000.00 56,227,000.00 -60,342,000.00 -45,949,000.00 -23,321,000.00 6,058,000.00 -91,828,000.00 -52,222,000.00 -9,989,000.00 -20,798,000.00 -24,917,000.00 -12,043,000.00 -2,109,000.00
Investing Cash Flow -18,794,000.00 -10,315,000.00 -4,135,000.00 9,771,000.00 -15,686,000.00 -9,446,000.00 -4,577,000.00 8,492,000.00 -13,560,000.00 -9,281,000.00 -4,925,000.00 5,599,000.00 -9,387,000.00 -7,009,000.00 -3,945,000.00 5,316,000.00 -8,125,000.00 -5,071,000.00 -2,355,000.00
   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 20,908,000.00 12,181,000.00 5,898,000.00 -9,546,000.00 17,469,000.00 11,309,000.00 5,074,000.00 -9,955,000.00 15,691,000.00 10,771,000.00 5,412,000.00 -5,876,000.00 12,624,000.00 7,748,000.00 3,911,000.00 -3,458,000.00 7,987,000.00 5,147,000.00 2,400,000.00
   Net Purchase/Sale of Investments Net 949,000.00 339,000.00 93,000.00 1,176,000.00 311,000.00 224,000.00 215,000.00 1,087,000.00 214,000.00 183,000.00 78,000.00 1,986,000.00 -238,000.00 -150,000.00 -90,000.00 2,043,000.00 -342,000.00 -132,000.00 -87,000.00
   Net Purchase/Sale of Business 0 0 0 -754,000.00 754,000.00 754,000.00 0 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities -40,651,000.00 -22,835,000.00 -10,126,000.00 18,895,000.00 -34,220,000.00 -21,733,000.00 -9,866,000.00 17,360,000.00 -29,465,000.00 -20,235,000.00 -10,415,000.00 9,489,000.00 -21,773,000.00 -14,607,000.00 -7,766,000.00 6,731,000.00 -15,770,000.00 -10,086,000.00 -4,668,000.00
Financing Cash Flow -30,347,000.00 -22,264,000.00 -13,579,000.00 17,379,000.00 -31,646,000.00 -20,540,000.00 -7,982,000.00 15,635,000.00 -24,742,000.00 -16,683,000.00 -8,507,000.00 8,160,000.00 -25,177,000.00 -15,384,000.00 -6,713,000.00 9,633,000.00 -22,464,000.00 -14,807,000.00 -7,785,000.00
   Net Issuance/Repayment of Debt 7,943,000.00 6,001,000.00 4,787,000.00 -3,957,000.00 5,398,000.00 4,124,000.00 1,209,000.00 698,000.00 755,000.00 142,000.00 -46,000.00 -3,751,000.00 5,588,000.00 3,639,000.00 3,464,000.00 -44,771,000.00 37,310,000.00 28,982,000.00 17,633,000.00
   Net Issuance/Repurchase of Equity 14,894,000.00 9,768,000.00 4,804,000.00 -5,568,000.00 13,849,000.00 8,337,000.00 3,011,000.00 -8,364,000.00 13,092,000.00 8,680,000.00 4,340,000.00 -3,378,000.00 10,480,000.00 5,986,000.00 2,067,000.00 152,000.00 1,000.00 1,000.00 1,000.00
   Dividends Paid 13,389,000.00 9,075,000.00 4,476,000.00 -8,015,000.00 12,913,000.00 8,490,000.00 3,974,000.00 -7,726,000.00 11,613,000.00 7,732,000.00 3,853,000.00 -7,587,000.00 11,363,000.00 7,610,000.00 3,820,000.00 -7,504,000.00 11,327,000.00 7,553,000.00 3,772,000.00
   Other Financing Activities -66,573,000.00 -47,108,000.00 -27,646,000.00 34,919,000.00 -63,806,000.00 -41,491,000.00 -16,176,000.00 31,027,000.00 -50,202,000.00 -33,237,000.00 -16,654,000.00 22,876,000.00 -52,608,000.00 -32,619,000.00 -16,064,000.00 61,756,000.00 -71,102,000.00 -51,343,000.00 -29,191,000.00
Net Change in Cash -9,318,000.00 -7,476,000.00 -4,675,000.00 -486,000.00 -4,596,000.00 -5,080,000.00 1,781,000.00 -4,308,000.00 3,308,000.00 -108,000.00 3,011,000.00 -17,130,000.00 23,662,000.00 12,059,000.00 4,272,000.00 3,782,000.00 404,000.00 -899,000.00 -849,000.00
   Cash at Beginning of Period 23,187,000.00 23,187,000.00 23,187,000.00 23,673,000.00 31,568,000.00 31,568,000.00 31,568,000.00 35,876,000.00 29,665,000.00 29,665,000.00 29,665,000.00 46,795,000.00 6,802,000.00 6,802,000.00 6,802,000.00 3,020,000.00 4,364,000.00 4,364,000.00 4,364,000.00
   Cash at End of Period 13,869,000.00 15,711,000.00 18,512,000.00 23,187,000.00 26,972,000.00 26,488,000.00 33,349,000.00 31,568,000.00 32,973,000.00 29,557,000.00 32,676,000.00 29,665,000.00 30,464,000.00 18,861,000.00 11,074,000.00 6,802,000.00 4,768,000.00 3,465,000.00 3,515,000.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0