ZVRA
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Price to Earnings | -3.66 | -5.04 | |||
| Price to Sales | 16.34 | 8.46 | |||
| Book Value Per Common Share | 0.74 | 1.49 | 2.48 | 3.63 | -29.27 |
| Price to Book | 11.28 | 4.40 | |||
| Price to Operating Cash Flow | -5.54 | -6.92 | |||
| Price to Free Cash Flow | |||||
| Enterprise Value to EBITDA |
| 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 | 7.93 | 7.34 | -124.83 | -4.36 | -5.63 | -14.50 | -5.36 | -10.41 | -16.18 | |||||||||||
| Price to Sales | 7.22 | 10.36 | 19.86 | 26.30 | 26.04 | 70.73 | 11.63 | 15.36 | 65.87 | |||||||||||
| Book Value Per Common Share | 2.37 | 2.13 | 0.75 | 0.74 | 1.31 | 0.77 | 1.17 | 1.49 | 1.86 | 2.02 | 2.11 | 2.48 | 2.72 | 2.88 | 3.53 | 3.63 | 3.73 | 3.74 | 2.96 | -29.27 |
| Price to Book | 4.01 | 4.14 | 9.98 | 11.28 | 5.29 | 6.34 | 4.97 | 4.40 | 2.59 | 2.53 | 2.61 | |||||||||
| Price to Operating Cash Flow | -73.44 | -40.56 | -49.28 | -5.70 | -5.81 | -14.99 | -9.53 | -13.67 | -46.85 | |||||||||||
| Price to Free Cash Flow | ||||||||||||||||||||
| Enterprise Value to EBITDA | 59603.20 | 56019.23 | 1120515.32 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -14.02 | 162.58 | -63.50 | 115.61 | |
| EBITDA YoY | |||||
| Net Profit YoY |
| 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 | 0.00 | |||||||||||||||||||
| Revenue YoY | 56.31 | 126.86 | 2642.07 | 46.93 | 129.90 | 25.51 | 294.20 | 54.59 | 32.79 | 8.15 | 98.92 | |||||||||
| EBITDA YoY | 3.54 | 2270.10 | -89.83 | |||||||||||||||||
| Net Profit YoY | -0.76 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Cash Per Common Share | 1.50 | 1.91 | 2.40 | 3.77 | 0.95 |
| Quick Ratio | 2.35 | 1.15 | 7.77 | 26.92 | 0.92 |
| Current Ratio | 2.53 | 1.18 | 7.93 | 27.20 | 1.11 |
| Debt to Equity | 3.49 | 1.79 | 0.35 | 0.05 | -1.17 |
| Long-Term Debt to Equity | 2.63 | 0.59 | 0.21 | 0.01 | -1.06 |
| 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 | 3.63 | 3.72 | 1.16 | 1.29 | 2.04 | 1.18 | 1.26 | 1.63 | 2.43 | 2.56 | 2.76 | 2.40 | 2.20 | 2.35 | 2.94 | 3.21 | 4.71 | 5.47 | 2.67 | 0.95 |
| Quick Ratio | 8.29 | 7.66 | 2.79 | 2.35 | 2.82 | 1.91 | 2.04 | 1.15 | 6.23 | 5.56 | 6.60 | 7.77 | 9.78 | 11.71 | 35.62 | 26.92 | 36.00 | 22.52 | 20.61 | 0.92 |
| Current Ratio | 8.62 | 7.85 | 3.02 | 2.53 | 2.88 | 2.00 | 2.10 | 1.18 | 6.31 | 5.67 | 6.68 | 7.93 | 10.10 | 12.21 | 35.92 | 27.20 | 36.41 | 22.85 | 20.70 | 1.11 |
| Debt to Equity | 1.03 | 1.19 | 3.21 | 3.49 | 1.75 | 3.45 | 2.10 | 1.79 | 1.06 | 0.54 | 0.49 | 0.35 | 0.27 | 0.25 | 0.03 | 0.05 | 0.04 | 0.06 | 0.07 | -1.17 |
| Long-Term Debt to Equity | 0.83 | 0.94 | 2.55 | 2.63 | 1.25 | 2.51 | 1.49 | 0.59 | 0.74 | 0.27 | 0.27 | 0.21 | 0.18 | 0.18 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | -1.06 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| ROA | -113.84 | ||||
| ROE | 19.21 | ||||
| Gross Margin | 42.18 | 89.28 | 96.72 | ||
| Operating Margin | -350.62 | -64.63 | -401.55 | -28.95 | -60.27 |
| EBITDA Margin | -291.86 | -60.07 | -389.67 | -28.06 | -58.22 |
| Net Profit Margin | -96.03 |
| 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 | 26.31 | 27.94 | -36.42 | -25.31 | -22.23 | -15.97 | -27.20 | -20.85 | -4.27 | -2.95 | -11.39 | |||||||||
| ROE | 53.37 | 61.08 | -100.00 | -112.53 | -45.79 | -24.60 | -34.67 | -26.11 | -4.44 | -3.13 | -12.22 | |||||||||
| Gross Margin | 79.32 | 70.35 | 85.49 | 7.77 | 13.36 | 50.28 | 93.36 | 92.93 | 95.66 | 97.54 | 98.88 | |||||||||
| Operating Margin | 110.64 | 170.62 | 0.25 | -558.52 | -428.02 | -465.90 | -211.68 | -146.70 | -405.97 | -406.79 | -504.92 | -46.99 | -21.60 | -16.09 | -83.33 | |||||
| EBITDA Margin | 123.98 | 187.17 | 17.92 | -517.54 | -388.34 | -420.29 | -210.14 | -145.32 | -403.23 | -398.88 | -500.25 | -45.35 | -20.86 | -15.56 | -82.80 | |||||
| Net Profit Margin | 98.23 | 154.72 | -603.09 | -464.15 | -216.91 | -148.48 | -399.58 | -492.04 | -22.45 | -16.98 | -84.97 |
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 | 178,127.00 | 172,327.00 | 115,529.00 | 132,941.00 | 11,209.00 |
| Current Assets | 86,027.00 | 86,938.00 | 93,023.00 | 115,056.00 | 8,382.00 |
| Cash and Short-Term Investments | 69,496.00 | 67,700.00 | 82,847.00 | 112,346.00 | 4,322.00 |
| Cash and Cash Equivalents | 33,785.00 | 43,049.00 | 65,466.00 | 112,346.00 | 4,322.00 |
| Short-Term Investments | 35,711.00 | 24,688.00 | 17,381.00 | 0 | 0 |
| Net Receivables | 10,509.00 | 17,377.00 | 8,299.00 | 1,528.00 | 2,579.00 |
| Inventory | 1,970.00 | 9,841.00 | 0 | 0 | 0 |
| Other Current Assets | 4,052.00 | -7,980.00 | 1,877.00 | 1,182.00 | 1,481.00 |
| Non-Current Assets | 92,100.00 | 85,389.00 | 22,506.00 | 17,885.00 | 2,827.00 |
| Property, Plant, Equipment Net | 1,013.00 | 1,526.00 | 1,782.00 | 2,025.00 | 2,389.00 |
| Goodwill | 4,701.00 | 4,701.00 | 0 | 0 | 0 |
| Intangible Assets | 68,993.00 | 69,227.00 | 0 | 0 | 0 |
| Long-Term Investments | 6,010.00 | 0 | 20,000.00 | 15,422.00 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 11,383.00 | 9,935.00 | 724.00 | 438.00 | 438.00 |
| Liabilities | 138,461.00 | 110,463.00 | 29,722.00 | 5,823.00 | 77,621.00 |
| Current Liabilities | 34,065.00 | 73,720.00 | 11,726.00 | 4,230.00 | 7,536.00 |
| Payables and Expenses | 25,456.00 | 28,403.00 | 6,169.00 | 3,038.00 | 6,647.00 |
| Account Payables | 13,075.00 | 13,987.00 | 3,611.00 | 516.00 | 1,174.00 |
| Current Accrued Liabilities | 6,126.00 | 10,671.00 | 1,673.00 | 1,054.00 | 1,639.00 |
| Short-Term Debt | 420.00 | 38,786.00 | 480.00 | 356.00 | 1,444.00 |
| Other Current Liabilities | 8,189.00 | 6,531.00 | 5,077.00 | 836.00 | -555.00 |
| Non-Current Liabilities | 104,396.00 | 36,743.00 | 17,996.00 | 1,593.00 | 70,085.00 |
| Long-Term Debt | 59,876.00 | 5,978.00 | 14,486.00 | 1,232.00 | 71,623.00 |
| Other Non-Current Liabilities | 44,520.00 | 30,765.00 | 3,510.00 | 361.00 | -1,538.00 |
| Equity | 39,666.00 | 61,864.00 | 85,807.00 | 127,118.00 | -66,412.00 |
| Shareholders Equity | 39,666.00 | 61,864.00 | 85,807.00 | 127,118.00 | -132,824.00 |
| Capital Stock | 5.00 | 4.00 | 3.00 | 4.00 | 0 |
| Share Premium | 555,302.00 | 472,664.00 | 401,799.00 | 396,957.00 | 192,062.00 |
| Retained Earnings | -505,289.00 | -399,778.00 | -308,572.00 | -267,029.00 | -258,474.00 |
| Treasury Shares | 10,983.00 | 10,983.00 | 15,036.00 | 5,614.00 | 0 |
| Accumulated Other Comprehensive Income | 631.00 | -43.00 | 113.00 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Investments | 41,721.00 | 24,688.00 | 37,381.00 | 15,422.00 | 0 |
| Debt | 60,296.00 | 44,764.00 | 15,446.00 | 3,176.00 | 73,067.00 |
| Net Debt | 0 | 0 | 0 | 0 | 68,745.00 |
| Common Shares Outstanding | 53,670.71 | 41,534.67 | 34,540.30 | 35,005.64 | 4,537.32 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Revenues | 23,612.00 | 27,461.00 | 10,458.00 | 28,650.00 | 13,288.00 |
| Cost Of Revenue | 13,652.00 | 2,945.00 | 343.00 | 0 | 0 |
| Gross Profit | 9,960.00 | 24,516.00 | 10,115.00 | 0 | 0 |
| Operating Expenses | 96,963.00 | 74,120.00 | 52,620.00 | 0 | 0 |
| Selling, General and Administrative Expenses | 109,737.00 | 34,314.00 | 15,343.00 | 8,701.00 | 7,921.00 |
| Research and Development Expenses | 84,189.00 | 39,806.00 | 19,614.00 | 10,161.00 | 8,843.00 |
| Other Operating Expenses | -96,963.00 | 0.00 | 17,663.00 | 0 | 0 |
| Operating Income | -87,003.00 | -49,604.00 | -42,505.00 | 7,729.00 | -5,609.00 |
| Net Non-Operating Income | -3,137.00 | 30,355.00 | 176.00 | -16,250.00 | -7,185.00 |
| Interest Expense | 7,351.00 | 1,501.00 | 335.00 | 226.00 | 4,785.00 |
| EBT | -90,140.00 | -19,249.00 | -42,329.00 | -8,521.00 | -12,794.00 |
| Income Tax | 15,371.00 | 0.00 | 786.00 | 34.00 | 34.00 |
| Net Income | 0 | 0 | 0 | 0 | -12,760.00 |
| EBIT | -82,789.00 | -17,748.00 | -41,994.00 | -8,295.00 | -8,009.00 |
| Deprecation and Amortization | 13,876.00 | 1,251.00 | 1,242.00 | 257.00 | 273.00 |
| EBITDA | -68,913.00 | -16,497.00 | -40,752.00 | -8,038.00 | -7,736.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | 0 |
| Diluted EPS | 0 | 0 | 0 | -0.00 | 0 |
| Average Shares Outstanding Basic | 46,251.24 | 35,452.46 | 34,488.80 | 29,766.35 | 0 |
| Average Shares Outstanding Diluted | 0 | 0 | 0 | 29,766.35 | 0 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Operating Cash Flow | -69,665.00 | -33,535.00 | -18,717.00 | 10,439.00 | -1,939.00 |
| Operating Net Income | -316,533.00 | -92,098.00 | -83,086.00 | -17,110.00 | -12,760.00 |
| Deprecation and Amortization | 13,876.00 | 1,251.00 | 1,242.00 | 257.00 | 273.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 14,906.00 | 5,954.00 | 4,294.00 | 2,436.00 | 2,491.00 |
| Change in Working Capital | 845.00 | 19,776.00 | 9,267.00 | -942.00 | 1,625.00 |
| Other Operating Activities | 217,241.00 | 31,582.00 | 49,566.00 | 25,798.00 | 6,432.00 |
| Investing Cash Flow | -22,161.00 | -17,390.00 | -36,719.00 | -15,524.00 | -33.00 |
| Capital Expenditure | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Purchase/Sale of PPE | 6,000.00 | 296.00 | 93.00 | 102.00 | 33.00 |
| Net Purchase/Sale of Investments Net | 66,161.00 | 104,935.00 | 22,536.00 | 15,422.00 | 0 |
| Net Purchase/Sale of Business | 0 | 30,401.00 | 14,090.00 | 0 | 0 |
| Other Investing Activities | -94,322.00 | -153,022.00 | -73,438.00 | -31,048.00 | -66.00 |
| Financing Cash Flow | 82,108.00 | 28,464.00 | 8,352.00 | 113,109.00 | 2,739.00 |
| Net Issuance/Repayment of Debt | 101,690.00 | 59,967.00 | 12,816.00 | 38,097.00 | 3,311.00 |
| Net Issuance/Repurchase of Equity | 67,258.00 | 9,771.00 | 35,623.00 | 131,968.00 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -86,840.00 | -41,274.00 | -40,087.00 | -56,956.00 | -572.00 |
| Net Change in Cash | -9,264.00 | -22,417.00 | -46,880.00 | 108,024.00 | 767.00 |
| Cash at Beginning of Period | 43,049.00 | 65,466.00 | 112,346.00 | 4,322.00 | 3,555.00 |
| Cash at End of Period | 33,785.00 | 43,049.00 | 65,466.00 | 112,346.00 | 4,322.00 |
| 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 | 270,116.00 | 256,277.00 | 172,708.00 | 178,127.00 | 191,551.00 | 144,408.00 | 151,283.00 | 172,327.00 | 138,982.00 | 105,518.00 | 106,595.00 | 115,529.00 | 119,551.00 | 124,258.00 | 125,706.00 | 132,941.00 | 137,186.00 | 138,797.00 | 90,435.00 | 11,209.00 |
| Current Assets | 225,115.00 | 226,337.00 | 81,573.00 | 86,027.00 | 99,442.00 | 60,891.00 | 62,890.00 | 86,938.00 | 137,013.00 | 103,427.00 | 104,280.00 | 93,023.00 | 85,133.00 | 87,435.00 | 105,780.00 | 115,056.00 | 134,630.00 | 136,181.00 | 87,729.00 | 8,382.00 |
| Cash and Short-Term Investments | 199,509.00 | 202,611.00 | 62,631.00 | 69,496.00 | 89,376.00 | 49,258.00 | 52,717.00 | 67,700.00 | 83,426.00 | 87,371.00 | 95,284.00 | 82,847.00 | 75,891.00 | 80,978.00 | 101,580.00 | 112,346.00 | 131,503.00 | 132,295.00 | 76,026.00 | 4,322.00 |
| Cash and Cash Equivalents | 54,439.00 | 47,712.00 | 37,340.00 | 33,785.00 | 54,039.00 | 39,260.00 | 42,849.00 | 43,049.00 | 43,269.00 | 66,196.00 | 40,181.00 | 65,466.00 | 70,059.00 | 76,779.00 | 100,242.00 | 112,346.00 | 131,503.00 | 132,295.00 | 76,026.00 | 4,322.00 |
| Short-Term Investments | 145,070.00 | 154,899.00 | 25,291.00 | 35,711.00 | 35,337.00 | 9,998.00 | 9,868.00 | 24,688.00 | 40,157.00 | 21,175.00 | 55,103.00 | 17,381.00 | 5,832.00 | 4,199.00 | 1,338.00 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 16,841.00 | 18,266.00 | 12,617.00 | 10,509.00 | 7,790.00 | 8,947.00 | 8,305.00 | 17,377.00 | 51,926.00 | 14,033.00 | 7,822.00 | 8,299.00 | 6,583.00 | 2,820.00 | 3,320.00 | 1,528.00 | 1,619.00 | 1,888.00 | 11,308.00 | 2,579.00 |
| Inventory | 1,367.00 | 1,108.00 | 2,559.00 | 1,970.00 | 4,549.00 | 4,822.00 | 5,073.00 | 9,841.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 7,398.00 | 4,352.00 | 3,766.00 | 4,052.00 | -2,273.00 | -2,136.00 | -3,205.00 | -7,980.00 | 1,661.00 | 2,023.00 | 1,174.00 | 1,877.00 | 2,659.00 | 3,637.00 | 880.00 | 1,182.00 | 1,508.00 | 1,998.00 | 395.00 | 1,481.00 |
| Non-Current Assets | 45,001.00 | 29,940.00 | 91,135.00 | 92,100.00 | 92,109.00 | 83,517.00 | 88,393.00 | 85,389.00 | 1,969.00 | 2,091.00 | 2,315.00 | 22,506.00 | 34,418.00 | 36,823.00 | 19,926.00 | 17,885.00 | 2,556.00 | 2,616.00 | 2,706.00 | 2,827.00 |
| Property, Plant, Equipment Net | 1,825.00 | 2,095.00 | 2,058.00 | 1,013.00 | 1,427.00 | 1,589.00 | 1,781.00 | 1,526.00 | 1,340.00 | 1,492.00 | 1,642.00 | 1,782.00 | 1,920.00 | 2,069.00 | 1,925.00 | 2,025.00 | 2,117.00 | 2,179.00 | 2,269.00 | 2,389.00 |
| Goodwill | 4,701.00 | 4,701.00 | 4,701.00 | 4,701.00 | 4,701.00 | 4,701.00 | 4,701.00 | 4,701.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6,737.00 | 7,053.00 | 67,377.00 | 68,993.00 | 70,608.00 | 66,154.00 | 67,699.00 | 69,227.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 30,865.00 | 15,089.00 | 6,091.00 | 6,010.00 | 6,105.00 | 0 | 0 | 0 | 0 | 0 | 0 | 20,000.00 | 31,463.00 | 33,535.00 | 17,564.00 | 15,422.00 | 0 | 0 | 0 | 0 |
| 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 | 873.00 | 1,002.00 | 10,908.00 | 11,383.00 | 9,268.00 | 11,073.00 | 14,212.00 | 9,935.00 | 629.00 | 599.00 | 673.00 | 724.00 | 1,035.00 | 1,219.00 | 437.00 | 438.00 | 439.00 | 437.00 | 437.00 | 438.00 |
| Liabilities | 136,951.00 | 139,047.00 | 131,685.00 | 138,461.00 | 121,781.00 | 111,930.00 | 102,465.00 | 110,463.00 | 71,512.00 | 37,019.00 | 35,191.00 | 29,722.00 | 25,757.00 | 25,025.00 | 4,207.00 | 5,823.00 | 5,449.00 | 8,134.00 | 6,184.00 | 77,621.00 |
| Current Liabilities | 26,112.00 | 28,832.00 | 26,976.00 | 34,065.00 | 34,481.00 | 30,449.00 | 29,909.00 | 73,720.00 | 21,714.00 | 18,252.00 | 15,616.00 | 11,726.00 | 8,431.00 | 7,159.00 | 2,945.00 | 4,230.00 | 3,698.00 | 5,959.00 | 4,238.00 | 7,536.00 |
| Payables and Expenses | 11,072.00 | 15,842.00 | 17,819.00 | 25,456.00 | 24,464.00 | 20,452.00 | 22,785.00 | 28,403.00 | 13,080.00 | 10,510.00 | 10,098.00 | 6,169.00 | 4,279.00 | 3,600.00 | 2,582.00 | 3,038.00 | 2,085.00 | 2,973.00 | 2,855.00 | 6,647.00 |
| Account Payables | 0 | 0 | 0 | 13,075.00 | 0 | 0 | 0 | 13,987.00 | 0 | 0 | 0 | 3,611.00 | 0 | 0 | 0 | 516.00 | 0 | 0 | 0 | 1,174.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 6,126.00 | 0 | 0 | 0 | 10,671.00 | 0 | 0 | 0 | 1,673.00 | 0 | 0 | 0 | 1,054.00 | 0 | 0 | 0 | 1,639.00 |
| Short-Term Debt | 441.00 | 525.00 | 589.00 | 420.00 | 540.00 | 596.00 | 583.00 | 38,786.00 | 433.00 | 456.00 | 470.00 | 480.00 | 474.00 | 469.00 | 356.00 | 356.00 | 349.00 | 342.00 | 2,055.00 | 1,444.00 |
| Other Current Liabilities | 14,599.00 | 12,465.00 | 8,568.00 | 8,189.00 | 9,477.00 | 9,401.00 | 6,541.00 | 6,531.00 | 8,201.00 | 7,286.00 | 5,048.00 | 5,077.00 | 3,678.00 | 3,090.00 | 7.00 | 836.00 | 1,264.00 | 2,644.00 | -672.00 | -555.00 |
| Non-Current Liabilities | 110,839.00 | 110,215.00 | 104,709.00 | 104,396.00 | 87,300.00 | 81,481.00 | 72,556.00 | 36,743.00 | 49,798.00 | 18,767.00 | 19,575.00 | 17,996.00 | 17,326.00 | 17,866.00 | 1,262.00 | 1,593.00 | 1,751.00 | 2,175.00 | 1,946.00 | 70,085.00 |
| Long-Term Debt | 62,276.00 | 61,751.00 | 61,248.00 | 59,876.00 | 59,387.00 | 58,872.00 | 43,703.00 | 5,978.00 | 44,908.00 | 13,963.00 | 14,386.00 | 14,486.00 | 14,712.00 | 14,964.00 | 1,144.00 | 1,232.00 | 1,324.00 | 1,413.00 | 3,198.00 | 71,623.00 |
| Other Non-Current Liabilities | 48,563.00 | 48,464.00 | 43,461.00 | 44,520.00 | 27,913.00 | 22,609.00 | 28,853.00 | 30,765.00 | 4,890.00 | 4,804.00 | 5,189.00 | 3,510.00 | 2,614.00 | 2,902.00 | 118.00 | 361.00 | 427.00 | 762.00 | -1,252.00 | -1,538.00 |
| Equity | 133,165.00 | 117,230.00 | 41,023.00 | 39,666.00 | 69,770.00 | 32,478.00 | 48,818.00 | 61,864.00 | 67,470.00 | 68,499.00 | 71,404.00 | 85,807.00 | 93,794.00 | 99,233.00 | 121,499.00 | 127,118.00 | 131,737.00 | 130,663.00 | 84,251.00 | -66,412.00 |
| Shareholders Equity | 133,165.00 | 117,230.00 | 41,023.00 | 39,666.00 | 69,770.00 | 32,478.00 | 48,818.00 | 61,864.00 | 67,470.00 | 68,499.00 | 71,404.00 | 85,807.00 | 93,794.00 | 99,233.00 | 121,499.00 | 127,118.00 | 131,737.00 | 130,663.00 | 84,251.00 | -132,824.00 |
| Capital Stock | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 | 0 |
| Share Premium | 580,783.00 | 564,316.00 | 560,471.00 | 555,302.00 | 550,413.00 | 479,361.00 | 476,056.00 | 472,664.00 | 418,138.00 | 405,127.00 | 402,786.00 | 401,799.00 | 400,677.00 | 399,701.00 | 397,925.00 | 396,957.00 | 396,059.00 | 393,227.00 | 353,018.00 | 192,062.00 |
| Retained Earnings | -434,225.00 | -433,681.00 | -508,388.00 | -505,289.00 | -469,550.00 | -436,325.00 | -416,400.00 | -399,778.00 | -339,468.00 | -325,423.00 | -320,339.00 | -308,572.00 | -299,551.00 | -292,935.00 | -268,893.00 | -267,029.00 | -264,326.00 | -262,567.00 | -268,770.00 | -258,474.00 |
| Treasury Shares | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 10,983.00 | 15,036.00 | 15,036.00 | 15,036.00 | 15,036.00 | 5,614.00 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -2,416.00 | -2,428.00 | -82.00 | 631.00 | -115.00 | 421.00 | 141.00 | -43.00 | -220.00 | -225.00 | -63.00 | 113.00 | 201.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 175,935.00 | 169,988.00 | 31,382.00 | 41,721.00 | 41,442.00 | 9,998.00 | 9,868.00 | 24,688.00 | 40,157.00 | 21,175.00 | 55,103.00 | 37,381.00 | 37,295.00 | 37,734.00 | 18,902.00 | 15,422.00 | 0 | 0 | 0 | 0 |
| Debt | 62,717.00 | 62,276.00 | 61,837.00 | 60,296.00 | 59,927.00 | 59,468.00 | 44,286.00 | 44,764.00 | 45,774.00 | 14,875.00 | 15,326.00 | 15,446.00 | 15,660.00 | 15,902.00 | 3,000.00 | 3,176.00 | 3,346.00 | 3,510.00 | 5,253.00 | 73,067.00 |
| Net Debt | 0 | 0 | 0 | 0 | 0 | 10,210.00 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 68,745.00 |
| Common Shares Outstanding | 56,217.72 | 55,084.20 | 54,679.36 | 53,670.71 | 53,227.36 | 41,991.46 | 41,850.49 | 41,534.67 | 36,211.71 | 33,928.00 | 33,881.80 | 34,540.30 | 34,501.14 | 34,489.31 | 34,423.50 | 35,005.64 | 35,317.31 | 34,977.92 | 28,480.16 | 4,537.32 |
| 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 | 72,345.00 | 46,282.00 | 20,401.00 | 744.00 | 11,569.00 | 7,874.00 | 3,425.00 | -1,011.00 | 14,244.00 | 11,349.00 | 2,879.00 | -6,911.00 | 8,139.00 | 5,265.00 | 3,965.00 | -33,638.00 | 26,068.00 | 24,103.00 | 12,117.00 |
| Cost Of Revenue | 14,962.00 | 13,724.00 | 2,960.00 | -5,543.00 | 10,670.00 | 6,822.00 | 1,703.00 | 1,072.00 | 946.00 | 802.00 | 125.00 | 84.00 | 200.00 | 59.00 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 57,383.00 | 32,558.00 | 17,441.00 | 6,287.00 | 899.00 | 1,052.00 | 1,722.00 | -2,083.00 | 13,298.00 | 10,547.00 | 2,754.00 | -3,030.00 | 7,939.00 | 5,206.00 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 129,641.00 | 108,959.00 | 22,803.00 | -43,064.00 | 72,486.00 | 45,333.00 | 22,208.00 | -19,905.00 | 48,231.00 | 30,116.00 | 15,678.00 | -20,403.00 | 41,191.00 | 31,832.00 | 0 | 0 | 0 | 0 | 0 |
| Selling, General and Administrative Expenses | 57,262.00 | 40,327.00 | 19,545.00 | 38,528.00 | 38,743.00 | 22,535.00 | 9,931.00 | -6,016.00 | 19,657.00 | 13,839.00 | 6,834.00 | -3,949.00 | 10,266.00 | 6,292.00 | 2,734.00 | -3,533.00 | 6,145.00 | 4,197.00 | 1,892.00 |
| Research and Development Expenses | 10,123.00 | 6,691.00 | 3,258.00 | 15,371.00 | 33,743.00 | 22,798.00 | 12,277.00 | -13,889.00 | 28,574.00 | 16,277.00 | 8,844.00 | -4,607.00 | 13,262.00 | 7,877.00 | 3,082.00 | -4,569.00 | 7,352.00 | 5,113.00 | 2,265.00 |
| Other Operating Expenses | 62,256.00 | 61,941.00 | 0.00 | -96,963.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -17,663.00 | 17,663.00 | 17,663.00 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -72,258.00 | -76,401.00 | -5,362.00 | 49,351.00 | -71,587.00 | -44,281.00 | -20,486.00 | 17,822.00 | -34,933.00 | -19,569.00 | -12,924.00 | 19,232.00 | -33,252.00 | -26,626.00 | -1,859.00 | -22,595.00 | 10,571.00 | 12,793.00 | 6,960.00 |
| Net Non-Operating Income | 146,270.00 | 151,390.00 | 3,445.00 | -16,480.00 | 1,815.00 | 7,734.00 | 3,794.00 | 22,723.00 | 4,037.00 | 2,541.00 | 1,054.00 | 206.00 | -22.00 | 1.00 | -9.00 | 34,315.00 | -16,423.00 | -16,886.00 | -17,256.00 |
| Interest Expense | 6,029.00 | 3,978.00 | 1,969.00 | -1,386.00 | 5,157.00 | 2,845.00 | 735.00 | 195.00 | 745.00 | 379.00 | 182.00 | 124.00 | 165.00 | 41.00 | 5.00 | -409.00 | 221.00 | 215.00 | 199.00 |
| EBT | 74,012.00 | 74,989.00 | -1,917.00 | 32,871.00 | -69,772.00 | -36,547.00 | -16,692.00 | 40,545.00 | -30,896.00 | -17,028.00 | -11,870.00 | 19,438.00 | -33,274.00 | -26,625.00 | -1,868.00 | 11,720.00 | -5,852.00 | -4,093.00 | -10,296.00 |
| Income Tax | 2,948.00 | 3,381.00 | 1,182.00 | 15,301.00 | 0.00 | 0.00 | 70.00 | -280.00 | 0.00 | 177.00 | 103.00 | -689.00 | 752.00 | 719.00 | 4.00 | 34.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 71,064.00 | 71,608.00 | 0 | 0 | -69,772.00 | -36,547.00 | 0 | 0 | -30,896.00 | -16,851.00 | 0 | 0 | -32,522.00 | -25,906.00 | 0 | 0 | -5,852.00 | -4,093.00 | -10,296.00 |
| EBIT | 80,041.00 | 78,967.00 | 52.00 | 31,485.00 | -64,615.00 | -33,702.00 | -15,957.00 | 40,740.00 | -30,151.00 | -16,649.00 | -11,688.00 | 19,562.00 | -33,109.00 | -26,584.00 | -1,863.00 | 11,311.00 | -5,631.00 | -3,878.00 | -10,097.00 |
| Deprecation and Amortization | 9,655.00 | 7,660.00 | 3,603.00 | 4,449.00 | 4,741.00 | 3,124.00 | 1,562.00 | 796.00 | 219.00 | 157.00 | 79.00 | 287.00 | 644.00 | 246.00 | 65.00 | -128.00 | 193.00 | 128.00 | 64.00 |
| EBITDA | 89,696.00 | 86,627.00 | 3,655.00 | 35,934.00 | -59,874.00 | -30,578.00 | -14,395.00 | 41,536.00 | -29,932.00 | -16,492.00 | -11,609.00 | 19,849.00 | -32,465.00 | -26,338.00 | -1,798.00 | 11,183.00 | -5,438.00 | -3,750.00 | -10,033.00 |
| 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 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | 0.00 | 0.00 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 54,949.48 | 54,440.10 | 54,095.54 | 57,542.75 | 43,843.85 | 41,839.58 | 41,778.77 | 38,798.40 | 34,364.07 | 34,180.82 | 34,466.54 | 34,489.07 | 34,482.79 | 34,476.74 | 34,506.60 | 66,973.19 | 27,904.71 | 24,187.48 | 0 |
| Average Shares Outstanding Diluted | 56,782.76 | 56,062.44 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 0.00 | 0 | 0 | 0 | 66,973.19 | 27,904.71 | 24,187.48 | 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 | -7,114.00 | -11,823.00 | -8,222.00 | 35,189.00 | -53,415.00 | -35,274.00 | -16,165.00 | 636.00 | -17,377.00 | -12,749.00 | -4,045.00 | 6,680.00 | -14,255.00 | -7,657.00 | -3,485.00 | -12,279.00 | 11,287.00 | 14,017.00 | -2,586.00 |
| Operating Net Income | 71,064.00 | 71,608.00 | -9,297.00 | -176,970.00 | -69,772.00 | -36,547.00 | -33,244.00 | -20,817.00 | -30,896.00 | -16,851.00 | -23,534.00 | -20,930.00 | -32,522.00 | -25,906.00 | -3,728.00 | 3,131.00 | -5,852.00 | -4,093.00 | -10,296.00 |
| Deprecation and Amortization | 9,655.00 | 7,660.00 | 3,603.00 | 4,449.00 | 4,741.00 | 3,124.00 | 1,562.00 | 796.00 | 219.00 | 157.00 | 79.00 | 287.00 | 644.00 | 246.00 | 65.00 | -128.00 | 193.00 | 128.00 | 64.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 8,350.00 | 5,579.00 | 3,115.00 | -2,852.00 | 10,888.00 | 4,751.00 | 2,119.00 | 588.00 | 3,081.00 | 1,694.00 | 591.00 | -2,391.00 | 3,339.00 | 2,428.00 | 918.00 | -845.00 | 1,613.00 | 993.00 | 675.00 |
| Change in Working Capital | -1,990.00 | -681.00 | -4,868.00 | 44,554.00 | -16,992.00 | -12,540.00 | -14,177.00 | -146.00 | 7,403.00 | 9,499.00 | 3,020.00 | -586.00 | 6,292.00 | 3,399.00 | 162.00 | -8,380.00 | -592.00 | 1,272.00 | 6,758.00 |
| Other Operating Activities | -94,193.00 | -95,989.00 | -775.00 | 166,008.00 | 17,720.00 | 5,938.00 | 27,575.00 | 20,215.00 | 2,816.00 | -7,248.00 | 15,799.00 | 30,300.00 | 7,992.00 | 12,176.00 | -902.00 | -6,057.00 | 15,925.00 | 15,717.00 | 213.00 |
| Investing Cash Flow | 17,900.00 | 22,476.00 | 10,542.00 | -34,928.00 | -16,690.00 | 14,664.00 | 14,793.00 | 11,659.00 | -27,975.00 | 16,481.00 | -17,555.00 | 40,713.00 | -36,656.00 | -36,928.00 | -3,848.00 | -15,358.00 | -85.00 | -81.00 | 0 |
| 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 | 1,455.00 | 312.00 | 99.00 | 6,000.00 | 0 | 0 | 0 | -9.00 | 224.00 | 52.00 | 29.00 | -13.00 | 59.00 | 31.00 | 16.00 | -64.00 | 85.00 | 81.00 | 0 |
| Net Purchase/Sale of Investments Net | 313,823.00 | 188,212.00 | 25,359.00 | -254.00 | 66,286.00 | 14,922.00 | -14,793.00 | -78,801.00 | 114,743.00 | 51,467.00 | 17,526.00 | -31,310.00 | 25,157.00 | 24,857.00 | 3,832.00 | 15,422.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,401.00 | 0 | 0 | 0 | -14,090.00 | 14,090.00 | 14,090.00 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | -297,378.00 | -166,048.00 | -14,916.00 | -40,674.00 | -82,976.00 | -258.00 | 29,586.00 | 60,068.00 | -142,942.00 | -35,038.00 | -35,110.00 | 86,126.00 | -75,962.00 | -75,906.00 | -7,696.00 | -30,716.00 | -170.00 | -162.00 | 0 |
| Financing Cash Flow | 9,518.00 | 2,988.00 | 1,607.00 | -16,968.00 | 81,312.00 | 16,547.00 | 1,217.00 | 11,553.00 | 23,460.00 | -2,799.00 | -3,750.00 | -4,474.00 | 8,609.00 | 9,018.00 | -4,801.00 | -191,197.00 | 115,979.00 | 114,037.00 | 74,290.00 |
| Net Issuance/Repayment of Debt | 0 | 0 | 0 | -101,690.00 | 101,690.00 | 101,690.00 | 0 | -43,165.00 | 51,606.00 | 25,810.00 | 25,716.00 | -12,818.00 | 12,813.00 | 12,811.00 | 10.00 | -76,025.00 | 38,080.00 | 38,057.00 | 37,985.00 |
| Net Issuance/Repurchase of Equity | 5,957.00 | 2,947.00 | 1,979.00 | -2,118.00 | 66,462.00 | 1,697.00 | 1,217.00 | -570.00 | 3,447.00 | 3,447.00 | 3,447.00 | -71,246.00 | 35,623.00 | 35,623.00 | 35,623.00 | -370,477.00 | 129,154.00 | 208,714.00 | 164,577.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 3,561.00 | 41.00 | -372.00 | 86,840.00 | -86,840.00 | -86,840.00 | 0.00 | 55,288.00 | -31,593.00 | -32,056.00 | -32,913.00 | 79,590.00 | -39,827.00 | -39,416.00 | -40,434.00 | 255,305.00 | -51,255.00 | -132,734.00 | -128,272.00 |
| Net Change in Cash | 20,654.00 | 13,927.00 | 3,555.00 | -16,265.00 | 10,990.00 | -3,789.00 | -200.00 | 24,335.00 | -22,197.00 | 730.00 | -25,285.00 | 43,108.00 | -42,287.00 | -35,567.00 | -12,134.00 | -218,834.00 | 127,181.00 | 127,973.00 | 71,704.00 |
| Cash at Beginning of Period | 33,785.00 | 33,785.00 | 33,785.00 | 50,050.00 | 43,049.00 | 43,049.00 | 43,049.00 | 18,714.00 | 65,466.00 | 65,466.00 | 65,466.00 | 22,358.00 | 112,346.00 | 112,346.00 | 112,346.00 | 331,180.00 | 4,322.00 | 4,322.00 | 4,322.00 |
| Cash at End of Period | 54,439.00 | 47,712.00 | 37,340.00 | 33,785.00 | 54,039.00 | 39,260.00 | 42,849.00 | 43,049.00 | 43,269.00 | 66,196.00 | 40,181.00 | 65,466.00 | 70,059.00 | 76,779.00 | 100,212.00 | 112,346.00 | 131,503.00 | 132,295.00 | 76,026.00 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |