Valuation Ratios

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Price to Earnings -0.45 -0.28
Price to Sales 0.01 0.02
Book Value Per Common Share 89.73 87.96 11.45 14.71
Price to Book 0.01 0.02
Price to Operating Cash Flow -0.17 -0.07
Price to Free Cash Flow -0.08 -0.06
Enterprise Value to EBITDA 1181.76 9023.12
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 1.82 1.15 -0.69 15.75 -6.82
Price to Sales 0.02 0.03 0.02 0.03 0.04
Book Value Per Common Share 87.09 86.88 89.73 86.06 87.22
Price to Book 0.02 0.01 0.01 0.01 0.02
Price to Operating Cash Flow -0.36 0.04 -0.14 -1.37 -0.18
Price to Free Cash Flow -0.36 0.04 -0.07 -1.37 -0.18
Enterprise Value to EBITDA 3339.98 2536.91 6875.28 5715.32 10288.35

Earnings Data

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Earning YoY
Revenue YoY 89.85 9.48 92.39
EBITDA YoY 268.20 -35.42
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY -9.41
Revenue YoY 67.23 -4.18 -6.85 -0.53
EBITDA YoY 9.28 239.31 -50.03 37.43
Net Profit YoY -9.45

Financial Strength

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Cash Per Common Share 30.97 70.40 18.09 22.82
Quick Ratio 1.64 2.15 0.78 0.85
Current Ratio 2.09 2.50 0.95 1.00
Debt to Equity 0.67 0.61 8.40 5.12
Long-Term Debt to Equity 0.05 0.04 0.38 0.43
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 36.15 35.30 30.90 32.40 36.74
Quick Ratio 1.76 1.50 1.64 1.69 1.67
Current Ratio 2.13 1.99 2.09 2.22 2.09
Debt to Equity 0.65 0.71 0.67 0.59 0.66
Long-Term Debt to Equity 0.06 0.06 0.05 0.04 0.04

Profitability

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
ROA -0.81 -2.81 -4.28 -8.74
ROE -1.35 -4.52 -40.21 -53.56
Gross Margin 49.22 79.33 82.52 91.99
Operating Margin 1.10 -2.15 -0.62 -18.63
EBITDA Margin 4.98 2.57 4.35 -3.14
Net Profit Margin -1.34 -8.38 -7.56 -24.02
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 0.37 0.40 -0.53 0.04 -0.12
ROE 0.61 0.68 -0.89 0.06 -0.21
Gross Margin 35.83 55.11 49.94 44.22 39.59
Operating Margin 4.38 6.65 -1.47 2.65 1.07
EBITDA Margin 7.19 11.01 3.11 5.79 4.19
Net Profit Margin 1.37 2.52 -3.22 0.21 -0.67

Dividends

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
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 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets 13,208,138.00 12,489,765.00 6,765,083.00 5,464,574.00
   Current Assets 10,215,806.00 10,962,009.00 5,475,741.00 4,185,138.00
      Cash and Short-Term Investments 1,916,056.00 4,412,252.00 1,139,412.00 1,423,140.00
            Cash and Cash Equivalents 605,802.00 1,741,950.00 503,601.00 800,282.00
            Short-Term Investments 1,310,254.00 2,670,302.00 635,811.00 622,858.00
      Net Receivables 6,108,103.00 5,014,471.00 3,375,045.00 2,144,941.00
      Inventory 54.00 53.00 76.00 235.00
      Other Current Assets 2,191,593.00 1,535,233.00 961,208.00 616,822.00
   Non-Current Assets 2,992,332.00 1,527,755.00 1,289,342.00 1,279,436.00
      Property, Plant, Equipment Net 319,853.00 233,871.00 246,602.00 251,707.00
      Goodwill 1,251,720.00 528,191.00 528,191.00 528,191.00
      Intangible Assets 1,093,263.00 385,243.00 250,773.00 224,069.00
      Long-Term Investments 45,746.00 138,650.00 6,158.00 0
      Non-Current Deferred Assets 22,519.00 10,932.00 11,086.00 9,996.00
      Other Non-Current Assets 259,231.00 230,868.00 246,532.00 265,473.00
Liabilities 5,303,304.00 4,729,493.00 6,045,764.00 4,572,333.00
   Current Liabilities 4,887,923.00 4,389,879.00 5,775,200.00 4,184,270.00
      Payables and Expenses 3,050,261.00 2,674,152.00 2,272,063.00 2,519,520.00
            Account Payables 1,677,434.00 1,146,789.00 1,116,599.00 2,394,712.00
            Current Accrued Liabilities 449,145.00 488,527.00 316,187.00 0
      Short-Term Debt 576,930.00 574,839.00 2,381,213.00 393,367.00
      Other Current Liabilities 1,260,732.00 1,140,888.00 1,121,924.00 1,271,383.00
   Non-Current Liabilities 415,381.00 339,614.00 270,564.00 388,063.00
      Long-Term Debt 207,083.00 279,095.00 222,667.00 234,872.00
      Other Non-Current Liabilities 208,298.00 60,519.00 47,897.00 153,191.00
Equity 7,904,834.00 7,760,272.00 719,319.00 892,241.00
   Shareholders Equity 5,403,693.00 5,388,473.00 707,695.00 890,258.00
      Capital Stock 863.00 857.00 850.00 842.00
      Share Premium 20,595,068.00 20,511,478.00 20,388,799.00 20,286,474.00
      Retained Earnings -20,374,550.00 -20,266,628.00 -19,921,095.00 -19,617,091.00
      Treasury Shares 418,555.00 222,152.00 11,219.00 11,219.00
      Accumulated Other Comprehensive Income 5,600,867.00 5,364,918.00 250,360.00 231,252.00
   Minority Interest 2,501,141.00 2,371,799.00 11,624.00 1,983.00
Debt 784,013.00 853,934.00 2,603,880.00 628,239.00
Net Debt 0 0 1,849,051.00 0
Common Shares Outstanding 60,219.77 61,258.68 61,793.06 60,524.74
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Revenues 7,954,522.00 4,189,897.00 3,827,265.00 1,989,376.00
Cost Of Revenue 4,039,046.00 866,039.00 669,098.00 159,284.00
Interest Income 207,824.00 170,714.00 21,289.00 39,470.00
Interest Expense 76,452.00 239,356.00 217,758.00 94,907.00
Non-Interest Expense 2,815,586.00 2,435,156.00 2,060,923.00 1,551,791.00
Gross Profit 3,915,476.00 3,323,858.00 3,158,167.00 1,830,092.00
Operating Expenses 4,114,728.00 3,585,029.00 3,230,021.00 2,321,082.00
   Selling, General and Administrative Expenses 2,815,586.00 2,435,156.00 2,060,923.00 1,551,791.00
   Other Operating Expenses 853,843.00 993,437.00 809,707.00 448,960.00
Operating Income -199,252.00 -261,171.00 -71,854.00 -490,990.00
Net Non-Operating Income 997.00 -53,073.00 -17,375.00 -54,656.00
EBT 10,652.00 -329,331.00 -241,380.00 -465,556.00
Income Tax -12,849.00 37,174.00 46,788.00 16,906.00
Net Income Including Non-Controlling Interests 23,501.00 -366,505.00 -288,168.00 -482,462.00
Net Income Non-Controlling Interests -130,426.00 15,562.00 -1,075.00 4,612.00
Net Income -106,925.00 -350,943.00 -289,243.00 -477,850.00
EBIT 87,104.00 -89,975.00 -23,622.00 -370,649.00
Deprecation and Amortization 308,899.00 197,527.00 190,152.00 308,153.00
EBITDA 396,003.00 107,552.00 166,530.00 -62,496.00
EPS -0.00 -0.01 -0.00 -0.01
Diluted EPS -0.00 -0.01 -0.00 -0.01
Average Shares Outstanding Basic 61,875.72 62,672.53 62,991.01 62,352.49
Average Shares Outstanding Diluted 61,875.72 62,672.53 62,991.01 62,352.49
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow -291,088.00 -1,433,362.00 -1,962,346.00 -972,203.00
   Operating Net Income 10,652.00 -329,331.00 -241,381.00 -465,556.00
   Deprecation and Amortization 308,899.00 197,527.00 190,152.00 308,153.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 125,002.00 229,260.00 152,054.00 209,557.00
   Change in Working Capital -571,163.00 -1,305,450.00 -2,032,378.00 -896,423.00
   Other Operating Activities -164,478.00 -225,368.00 -30,793.00 -127,934.00
Investing Cash Flow 49,029.00 -2,295,504.00 -145,952.00 -86,536.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -53,475.00 -18,256.00 -10,071.00 -6,752.00
   Net Purchase/Sale of Investments Net 1,432,692.00 -2,088,071.00 -8,619.00 -10,302.00
   Net Purchase/Sale of Business -1,289,800.00 0 0 0
   Other Investing Activities -40,388.00 -189,177.00 -127,262.00 -69,482.00
Financing Cash Flow -1,026,163.00 5,132,969.00 1,751,813.00 135,264.00
   Net Issuance/Repayment of Debt -751,228.00 -1,785,179.00 1,909,636.00 185,877.00
   Net Issuance/Repurchase of Equity -199,055.00 -210,448.00 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities -75,880.00 7,128,596.00 -157,823.00 -50,613.00
Net Change in Cash -1,268,222.00 1,347,187.00 -356,485.00 -923,475.00
   Cash at Beginning of Period 1,741,950.00 503,601.00 800,282.00 1,711,589.00
   Cash at End of Period 548,668.00 1,741,950.00 503,601.00 800,282.00
Free Cash Flow -586,351.00 -1,699,884.00 -2,116,538.00 -1,071,599.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 12,941,589.00 13,348,756.00 13,208,138.00 12,374,017.00 12,693,411.00
   Current Assets 9,771,214.00 10,191,892.00 10,215,806.00 9,601,256.00 9,950,759.00
      Cash and Short-Term Investments 2,250,455.00 2,190,848.00 1,916,056.00 2,003,234.00 2,279,861.00
            Cash and Cash Equivalents 758,772.00 696,183.00 605,802.00 621,576.00 893,055.00
            Short-Term Investments 1,491,683.00 1,494,665.00 1,310,254.00 1,381,658.00 1,386,806.00
      Net Receivables 5,812,732.00 5,494,667.00 6,108,103.00 5,298,068.00 5,693,559.00
      Inventory 59.00 57.00 54.00 53.00 56.00
      Other Current Assets 1,707,968.00 2,506,320.00 2,191,593.00 2,299,901.00 1,977,283.00
   Non-Current Assets 3,170,375.00 3,156,864.00 2,992,332.00 2,772,761.00 2,742,652.00
      Property, Plant, Equipment Net 424,485.00 355,206.00 319,853.00 289,384.00 307,910.00
      Goodwill 0 0 1,251,720.00 0 0
      Intangible Assets 0 0 1,093,263.00 0 0
      Long-Term Investments 135,255.00 212,036.00 45,746.00 85,741.00 44,788.00
      Non-Current Deferred Assets 21,456.00 21,557.00 22,519.00 38,096.00 37,987.00
      Other Non-Current Assets 0 0 259,231.00 0 0
Liabilities 5,079,706.00 5,549,612.00 5,303,304.00 4,598,386.00 5,056,617.00
   Current Liabilities 4,587,131.00 5,113,442.00 4,887,923.00 4,325,600.00 4,771,966.00
      Payables and Expenses 2,858,475.00 3,152,849.00 3,050,261.00 2,531,429.00 3,070,765.00
            Account Payables 2,856,071.00 3,150,819.00 1,677,434.00 2,530,270.00 3,069,925.00
            Current Accrued Liabilities 0 0 449,145.00 0 0
      Short-Term Debt 273,431.00 75,229.00 576,930.00 57,721.00 303,070.00
      Other Current Liabilities 1,455,225.00 1,885,364.00 1,260,732.00 1,736,450.00 1,398,131.00
   Non-Current Liabilities 492,575.00 436,170.00 415,381.00 272,786.00 284,651.00
      Long-Term Debt 285,483.00 228,497.00 207,083.00 206,744.00 221,772.00
      Other Non-Current Liabilities 207,092.00 207,673.00 208,298.00 66,042.00 62,879.00
Equity 7,861,883.00 7,799,144.00 7,904,834.00 7,775,631.00 7,636,794.00
   Shareholders Equity 5,254,362.00 5,241,300.00 5,403,693.00 5,328,925.00 5,225,135.00
      Capital Stock 865.00 864.00 863.00 861.00 860.00
      Share Premium 20,620,762.00 20,606,930.00 20,595,068.00 20,576,050.00 20,556,736.00
      Retained Earnings -20,276,543.00 -20,322,265.00 -20,374,550.00 -20,302,376.00 -20,307,781.00
      Treasury Shares 418,555.00 418,555.00 418,555.00 418,555.00 418,555.00
      Accumulated Other Comprehensive Income 5,327,833.00 5,374,326.00 5,600,867.00 5,472,945.00 5,393,875.00
   Minority Interest 2,607,521.00 2,557,844.00 2,501,141.00 2,446,706.00 2,411,659.00
Debt 558,914.00 303,726.00 784,013.00 264,465.00 524,842.00
Common Shares Outstanding 60,330.92 60,330.92 60,219.77 61,922.43 59,909.35
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 3,508,690.00 2,098,144.00 2,189,739.00 2,350,740.00 2,363,325.00
Cost Of Revenue 2,251,395.00 941,853.00 1,096,086.00 1,311,296.00 1,427,710.00
Interest Income 49,012.00 35,070.00 31,495.00 47,605.00 62,910.00
Interest Expense 28,215.00 18,222.00 766.00 21,697.00 25,383.00
Non-Interest Expense 485,941.00 504,419.00 1,361,534.00 519,464.00 447,306.00
Gross Profit 1,257,295.00 1,156,291.00 1,093,653.00 1,039,444.00 935,615.00
Operating Expenses 1,164,711.00 1,061,707.00 1,185,059.00 1,053,930.00 983,254.00
   Selling, General and Administrative Expenses 485,941.00 504,419.00 1,361,534.00 519,464.00 447,306.00
   Other Operating Expenses 580,074.00 465,778.00 -413,164.00 460,660.00 462,067.00
Operating Income 92,584.00 94,584.00 -91,406.00 -14,486.00 -47,639.00
Net Non-Operating Income 12,087.00 9,794.00 -49,846.00 29,285.00 9,960.00
EBT 125,468.00 121,225.00 -32,988.00 40,707.00 -152.00
Income Tax 26,697.00 11,288.00 -17,778.00 938.00 144.00
Net Income Including Non-Controlling Interests 98,771.00 109,937.00 -15,210.00 39,769.00 -296.00
Net Income Non-Controlling Interests -50,873.00 -57,041.00 -55,331.00 -34,941.00 -15,427.00
Net Income 47,898.00 52,896.00 -70,541.00 4,828.00 -15,723.00
EBIT 153,683.00 139,447.00 -32,222.00 62,404.00 25,231.00
Deprecation and Amortization 98,696.00 91,510.00 100,289.00 73,806.00 73,881.00
EBITDA 252,379.00 230,957.00 68,067.00 136,210.00 99,112.00
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 62,248.77 62,063.41 62,010.93 61,820.05 62,059.77
Average Shares Outstanding Diluted 62,488.15 62,303.09 62,010.93 62,198.88 62,059.77
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow -240,246.00 1,350,523.00 -350,087.00 -56,958.00 -581,827.00
   Operating Net Income 125,472.00 121,225.00 -32,988.00 40,706.00 -150.00
   Deprecation and Amortization 0 0 0 0 0
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0
   Change in Working Capital -398,166.00 1,057,053.00 -509,447.00 -146,072.00 -597,034.00
   Other Operating Activities 32,448.00 172,245.00 192,348.00 48,408.00 15,357.00
Investing Cash Flow -16,427.00 -289,333.00 -93,596.00 -28,707.00 805,005.00
   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 -16,427.00 -289,333.00 -93,596.00 -28,707.00 805,005.00
Financing Cash Flow 162,256.00 -690,402.00 405,405.00 -275,875.00 -488,008.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 162,256.00 -690,402.00 405,405.00 -275,875.00 -488,008.00
Net Change in Cash -94,417.00 370,788.00 -38,278.00 -361,540.00 -264,829.00
   Cash at Beginning of Period 696,183.00 605,802.00 621,576.00 893,055.00 1,150,841.00
   Cash at End of Period 575,564.00 696,183.00 548,668.00 621,576.00 893,055.00
Free Cash Flow -240,246.00 1,350,523.00 -645,350.00 -56,958.00 -581,827.00