Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings -0.98 -2.12
Price to Sales
Book Value Per Common Share 0.96 2.32 4.19 9.15
Price to Book 1.18 0.99
Price to Operating Cash Flow -0.88 -0.70
Price to Free Cash Flow -0.87 -0.69
Enterprise Value to EBITDA
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings -4.76 -5.05 -8.20 31.67
Price to Sales
Book Value Per Common Share 0.54 0.72 0.96 0.73 0.93
Price to Book 1.69 1.33 1.18 2.23 2.04
Price to Operating Cash Flow -4.32 -5.57 -4.44 -6.33 -7.49
Price to Free Cash Flow -4.21 -5.54 -4.42 -6.14 -7.40
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.86 1.74 7.05 13.59
Quick Ratio 3.29 4.25 6.96 26.97
Current Ratio 3.53 4.93 7.21 28.78
Debt to Equity 0.23 0.18 0.77 0.32
Long-Term Debt to Equity 0.55 0.27
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 0.28 0.51 0.71 0.79 1.06
Quick Ratio 1.51 2.53 3.29 1.35 5.95
Current Ratio 1.78 2.78 3.53 1.40 6.43
Debt to Equity 0.35 0.28 0.23 0.80 0.77
Long-Term Debt to Equity 0.58

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA -80.92 -39.47 -62.38 -9.09
ROE -99.30 -46.49 -110.32 -11.96
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA -26.17 -19.97 2.99 -15.25 3.54
ROE -35.34 -25.49 3.67 -27.51 6.29
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

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

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 4,094.53 5,467.96 12,374.03 17,381.92
   Current Assets 2,676.70 4,068.78 10,895.57 15,912.73
      Cash and Short-Term Investments 2,473.65 3,447.66 10,434.20 14,869.86
            Cash and Cash Equivalents 2,473.65 3,447.66 10,434.20 14,869.86
            Short-Term Investments 0 0 0 0
      Net Receivables 17.64 60.71 81.75 40.65
      Inventory 0 0 0 0
      Other Current Assets 185.41 560.41 379.62 1,002.22
   Non-Current Assets 1,417.83 1,399.18 1,478.46 1,469.19
      Property, Plant, Equipment Net 34.72 23.93 92.68 0
      Goodwill 0 0 0 0
      Intangible Assets 183.11 175.25 199.83 202.12
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 1,200.00 1,200.00 1,185.95 1,267.07
Liabilities 757.99 825.94 5,377.22 4,179.32
   Current Liabilities 757.99 825.94 1,511.30 552.95
      Payables and Expenses 147.21 283.43 1,445.21 552.95
            Account Payables 84.02 195.81 1,293.81 323.96
            Current Accrued Liabilities 63.19 87.61 151.41 228.99
      Short-Term Debt 38.78 11.51 66.09 0
      Other Current Liabilities 572.00 531.00 0.00 0
   Non-Current Liabilities 0 0 3,865.91 3,626.38
      Long-Term Debt 0 0 11.51 0
      Other Non-Current Liabilities 0 0 3,854.40 3,626.38
Equity 3,336.54 4,642.03 6,996.81 13,202.60
   Shareholders Equity 3,336.54 4,642.03 6,996.81 13,202.60
      Capital Stock 18,493.57 17,056.53 16,524.35 16,088.68
      Share Premium 0 0 0 0
      Retained Earnings -21,168.25 -17,854.91 -15,696.84 -7,977.96
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -52.60 -52.60 -52.60 75.54
   Minority Interest 0 0 0 0
Debt 38.78 11.51 77.60 0
Common Shares Outstanding 3,481.38 1,998.85 1,670.08 1,443.30
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Interest Income 0 0 101.37 0
Interest Expense 0 0 0 4.39
Non-Interest Expense 2,283.72 2,227.72 2,398.87 1,616.19
Operating Expenses 4,118.32 6,045.99 10,290.61 2,910.61
   Selling, General and Administrative Expenses 2,283.72 2,227.72 2,398.87 1,616.19
   Research and Development Expenses 183.83 2,418.72 6,761.82 677.58
   Other Operating Expenses 1,533.49 1,259.86 1,071.78 602.57
Operating Income -4,118.32 -6,045.99 -10,290.61 -2,910.61
EBT -3,313.35 -2,158.07 -7,718.88 -1,579.27
Income Tax 0 0 0 0
Net Income Including Non-Controlling Interests -3,313.35 -2,158.07 -7,718.88 -1,579.27
Net Income -3,313.35 -2,158.07 -7,718.88 -1,579.27
EBIT -4,118.32 -6,045.99 -10,290.61 -2,910.61
Deprecation and Amortization 117.27 139.69 58.15 14.27
EBITDA -4,001.05 -5,906.29 -10,232.46 -2,896.34
EPS -0.00 -0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 -0.00 -0.00
Average Shares Outstanding Basic 2,878.51 1,981.73 1,479.91 1,094.18
Average Shares Outstanding Diluted 2,878.51 1,981.73 1,479.91 1,094.18
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow -3,678.65 -6,583.16 -8,165.96 -4,801.05
   Operating Net Income -3,313.35 -2,158.07 -7,718.88 -1,579.27
   Deprecation and Amortization 117.27 139.69 58.15 14.27
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 122.53 120.98 487.94 396.42
   Change in Working Capital 116.79 -1,030.74 1,473.76 -1,083.42
   Other Operating Activities -721.90 -3,655.04 -2,466.93 -2,549.04
Investing Cash Flow -38.92 -46.36 -45.70 -31.81
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE 0 -4.31 -19.70 0
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -38.92 -42.05 -26.00 -31.81
Financing Cash Flow 2,779.51 -361.04 3,912.14 19,372.33
   Net Issuance/Repayment of Debt -69.72 -66.09 -20.41 0
   Net Issuance/Repurchase of Equity 3,500.54 0 4,999.64 18,072.23
   Dividends Paid 0 0 0 0
   Other Financing Activities -651.31 -294.95 -1,067.09 1,300.11
Net Change in Cash -938.06 -6,990.57 -4,299.52 14,539.48
   Cash at Beginning of Period 3,447.66 10,434.20 14,869.86 134.52
   Cash at End of Period 2,473.65 3,447.66 10,434.20 14,869.86
Free Cash Flow -3,717.57 -6,629.53 -8,211.66 -4,832.85
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 2,742.02 3,498.67 4,094.53 3,850.33 4,799.38
   Current Assets 1,264.52 2,103.44 2,676.70 2,410.39 3,356.67
      Cash and Short-Term Investments 1,063.48 1,895.24 2,473.65 2,300.75 3,078.47
            Cash and Cash Equivalents 1,063.48 1,895.24 2,473.65 2,300.75 3,078.47
            Short-Term Investments 0 0 0 0 0
      Net Receivables 10.86 17.25 17.64 13.11 22.81
      Inventory 0 0 0 0 0
      Other Current Assets 190.18 190.95 185.41 96.54 255.39
   Non-Current Assets 1,477.50 1,395.23 1,417.83 1,439.94 1,442.70
      Property, Plant, Equipment Net 82.49 15.26 34.72 54.23 73.79
      Goodwill 0 0 0 0 0
      Intangible Assets 195.01 179.97 183.11 185.70 168.91
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 1,200.00 1,200.00 1,200.00 1,200.00 1,200.00
Liabilities 711.46 757.35 757.99 1,716.75 2,094.64
   Current Liabilities 711.46 757.35 757.99 1,716.75 521.64
      Payables and Expenses 453.98 415.69 147.21 326.28 437.94
            Account Payables 356.40 354.04 84.02 110.74 269.98
            Current Accrued Liabilities 97.58 61.65 63.19 215.55 167.96
      Short-Term Debt 80.47 15.66 38.78 61.47 83.71
      Other Current Liabilities 177.00 326.00 572.00 1,329.00 0.00
   Non-Current Liabilities 0 0 0 0 1,573.00
      Long-Term Debt 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 1,573.00
Equity 2,030.56 2,741.32 3,336.54 2,133.58 2,704.73
   Shareholders Equity 2,030.56 2,741.32 3,336.54 2,133.58 2,704.73
      Capital Stock 18,912.70 18,912.70 18,493.57 17,870.95 17,870.95
      Share Premium 0 0 0 0 0
      Retained Earnings -22,584.63 -21,866.93 -21,168.25 -21,290.79 -20,703.78
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 5,677.74 -52.60 -52.60 -52.60 -52.60
   Minority Interest 0 0 0 0 0
Debt 80.47 15.66 38.78 61.47 83.71
Common Shares Outstanding 3,788.25 3,788.25 3,481.38 2,903.57 2,903.57
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Interest Income 12.33 18.42 0 29.02 35.95 31.60
Non-Interest Expense 465.83 477.80 407.03 546.63 817.91 0
Operating Expenses 889.95 963.46 661.26 874.75 1,493.69 0
   Selling, General and Administrative Expenses 465.83 477.80 407.03 546.63 817.91 0
   Research and Development Expenses 186.75 276.31 7.76 34.74 67.68 0
   Other Operating Expenses 209.74 183.37 220.32 267.43 575.05 0
Operating Income -889.95 -963.46 -661.26 -874.75 -1,493.69 0
EBT -717.70 -698.67 122.53 -587.01 170.07 0
Income Tax 0 0 0 0 0 0
Net Income Including Non-Controlling Interests -717.70 -698.67 122.53 -587.01 170.07 0
Net Income -717.70 -698.67 122.53 -587.01 170.07 0
EBIT -889.95 -963.46 -661.26 -874.75 -1,493.69 0
Deprecation and Amortization 27.63 25.98 26.14 25.95 33.05 0
EBITDA -862.32 -937.47 -635.12 -848.80 -1,460.64 0
EPS -0.00 -0.00 0 -0.00 0.00 -0.00
Diluted EPS -0.00 -0.00 0 -0.00 0.00 -0.00
Average Shares Outstanding Basic 3,788.25 3,737.10 0 2,903.57 2,903.57 2,429.27
Average Shares Outstanding Diluted 3,788.25 3,737.10 0 2,903.57 2,903.57 2,429.27
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Operating Cash Flow -793.52 -643.73 -886.41 -751.85 -736.54
   Operating Net Income -717.70 -698.67 122.53 -587.01 170.07
   Deprecation and Amortization 27.63 25.98 26.14 25.95 33.05
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 6.95 8.97 9.51 15.86 44.03
   Change in Working Capital 65.81 266.94 -272.19 56.67 659.18
   Other Operating Activities -176.20 -246.95 -772.40 -263.32 -1,642.86
Investing Cash Flow -21.82 -3.38 -4.04 -23.18 -9.08
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 -4.04 -23.18 -9.08
Financing Cash Flow -43.44 67.58 1,107.04 -22.24 -8.86
   Net Issuance/Repayment of Debt -23.26 -23.12 -22.68 -22.24 -8.86
   Net Issuance/Repurchase of Equity 0 113.55 1,499.99 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -20.18 -22.85 -370.27 0.00 0.00
Net Change in Cash -858.79 -579.54 216.59 -797.27 -754.48
   Cash at Beginning of Period 1,895.24 2,473.65 2,300.75 3,078.47 3,835.44
   Cash at End of Period 1,063.48 1,895.24 2,473.65 2,300.75 3,078.47
Free Cash Flow -815.34 -647.12 -890.44 -775.03 -745.62