Nicholas Financial Inc
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Penke I guess you are interested in Nicholas Financial Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Nicholas Financial Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Nicholas Financial Inc (30 sec.)

What can you expect buying and holding a share of Nicholas Financial Inc? (30 sec.)

How much money do you get?

$0.00

When do you have the money?

1 year

How often do you get paid?

2.5%

What is your share worth?

Current worth

$8.10

Expected worth in 1 year

$3.09

How sure are you?

57.5%

+ What do you gain per year?

Total Gains per Share

$-5.01

Return On Investment

-74.3%

For what price can you sell your share?

Current Price per Share

$6.74

Expected price per share

$6.446 - $6.82

How sure are you?

50%

1. Valuation of Nicholas Financial Inc (5 min.)

Live pricePrice per Share (EOD)

$6.74

Book Value per Share

$8.10

Intrinsic Value Per Share

$-4.07 - $7.38

Total Value Per Share

$4.03 - $15.48

My calculation of the intrinsic value of Nicholas Financial Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($0.42) 3Y: ($0.08) TTM: ($-0.01)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.01) 3Y: ($-0.01) TTM: ($-0.01)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$0.19	$1.56	$0.13 - $1.52
2	$0.20	$2.91	$-0.06 - $1.35
3	$0.06	$4.06	$-0.24 - $1.18
4	$-0.23	$5.02	$-0.42 - $1.01
5	$-0.64	$5.81	$-0.61 - $0.84
6	$-1.16	$6.43	$-0.79 - $0.66
7	$-1.77	$6.88	$-0.97 - $0.49
8	$-2.47	$7.19	$-1.16 - $0.32
9	$-3.24	$7.35	$-1.34 - $0.15
10	$-4.07	$7.38	$-1.52 - $-0.03

2. Growth of Nicholas Financial Inc (5 min.)

Is Nicholas Financial Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$59m	$108.3m	-$35.6m	-49.0%

How much money is Nicholas Financial Inc making?

	Current year	Previous year	Grow	Grow %
Making money	-$9m	-$4.4m	-$4.6m	-50.7%
Net Profit Margin	-146.7%	-43.2%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Nicholas Financial Inc (5 min.)

4. Comparing to competitors in the Credit Services industry (5 min.)

Industry Rankings (Credit Services)

Richest
#163 / 249

Most Revenue
#189 / 249

Most Profit
#227 / 249

Most Efficient
#234 / 249

What can you expect buying and holding a share of Nicholas Financial Inc? (5 min.)

Welcome investor! Nicholas Financial Inc's management wants to use your money to grow the business. In return you get a share of Nicholas Financial Inc.

What can you expect buying and holding a share of Nicholas Financial Inc?

First you should know what it really means to hold a share of Nicholas Financial Inc. And how you can make/lose money.

Speculation

The Price per Share of Nicholas Financial Inc is $6.74. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Nicholas Financial Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nicholas Financial Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $8.10. Based on the TTM, the Book Value Change Per Share is $-1.25 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.54 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Nicholas Financial Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	-1.60	-23.7%	-1.25	-18.5%	-0.61	-9.1%	-0.31	-4.6%	-0.06	-0.9%
Usd Book Value Change Per Share	-1.60	-23.7%	-1.25	-18.6%	-0.54	-8.0%	-0.32	-4.8%	-0.08	-1.2%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.01	0.1%
Usd Total Gains Per Share	-1.60	-23.7%	-1.25	-18.6%	-0.54	-8.0%	-0.32	-4.8%	-0.07	-1.1%
Usd Price Per Share	6.90	-	5.71	-	7.89	-	8.24	-	9.84	-
Price to Earnings Ratio	-1.08	-	0.81	-	9.33	-	11.68	-	11.52	-
Price-to-Total Gains Ratio	-4.31	-	4.02	-	-14.52	-	40.17	-	24.95	-
Price to Book Ratio	0.85	-	0.59	-	0.53	-	0.62	-	0.76	-
Price-to-Total Gains Ratio	-4.31	-	4.02	-	-14.52	-	40.17	-	24.95	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	6.74
Number of shares	148

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.00
Usd Book Value Change Per Share	-1.25	-0.32
Usd Total Gains Per Share	-1.25	-0.32
Gains per Quarter (148 shares)	-185.38	-47.59
Gains per Year (148 shares)	-741.51	-190.37

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	-742	-752	0	-190	-200
2	0	-1483	-1494	0	-381	-390
3	0	-2225	-2236	0	-571	-580
4	0	-2966	-2978	0	-761	-770
5	0	-3708	-3720	0	-952	-960
6	0	-4449	-4462	0	-1142	-1150
7	0	-5191	-5204	0	-1333	-1340
8	0	-5932	-5946	0	-1523	-1530
9	0	-6674	-6688	0	-1713	-1720
10	0	-7415	-7430	0	-1904	-1910

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	1.0	3.0	0.0	25.0%	5.0	7.0	0.0	41.7%	12.0	8.0	0.0	60.0%	29.0	11.0	0.0	72.5%	99.0	12.0	0.0	89.2%
Book Value Change Per Share	1.0	3.0	0.0	25.0%	5.0	7.0	0.0	41.7%	9.0	11.0	0.0	45.0%	23.0	17.0	0.0	57.5%	83.0	28.0	0.0	74.8%
Dividend per Share	0.0	0.0	4.0	0.0%	0.0	0.0	12.0	0.0%	0.0	0.0	20.0	0.0%	1.0	0.0	39.0	2.5%	18.0	0.0	93.0	16.2%
Total Gains per Share	1.0	3.0	0.0	25.0%	5.0	7.0	0.0	41.7%	9.0	11.0	0.0	45.0%	23.0	17.0	0.0	57.5%	84.0	27.0	0.0	75.7%

Fundamentals of Nicholas Financial Inc

About Nicholas Financial Inc

https://www.nicholasfinancial.com
Credit Services
8
26133 US Highway 19 North, Clearwater, FL, United States, 33763
Google Maps Bing Maps

Nicholas Financial, Inc. operates as a consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products. The company operates branch offices located in Alabama, Florida, Georgia, Idaho, Illinois, Indiana, Kentucky, Michigan, Missouri, Nevada, North Carolina, Nevada, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Wisconsin. Nicholas Financial, Inc. was founded in 1985 and is headquartered in Clearwater, Florida.

Fundamental data was last updated by Penke on 2024-04-11 15:55:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is less efficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Nicholas Financial Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Nicholas Financial Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
A Net Profit Margin of -235.4% means that $-2.35 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Nicholas Financial Inc:

The MRQ is -235.4%. The company is making a huge loss. -2
The TTM is -146.7%. The company is making a huge loss. -2

Trends

Current period		Compared to		+/-
MRQ	-235.4%	TTM	-146.7%	-88.7%
TTM	-146.7%	YOY	-43.2%	-103.5%
TTM	-146.7%	5Y	-34.0%	-112.8%
5Y	-34.0%	10Y	-12.3%	-21.6%

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	-235.4%	14.4%	-249.8%
TTM	-146.7%	14.8%	-161.5%
YOY	-43.2%	18.3%	-61.5%
5Y	-34.0%	16.4%	-50.4%
10Y	-12.3%	15.5%	-27.8%

Measures how much net profit Nicholas Financial Inc earns for each $1 of revenue.

Revenue is the amount of profit Nicholas Financial Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Nicholas Financial Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be used to compare companies within the Credit Services industry.

You typically want a high profit margin. This means that for each $1 in sales, Nicholas Financial Inc makes more profit. This shows the investor how efficiently Nicholas Financial Inc is operating in general and compared to other companies in the same industry. Nicholas Financial Inc operates in the Credit Services industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Nicholas Financial Inc. If profit margins remain low (compared to the Credit Services industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Nicholas Financial Inc is -2.35. This means that Nicholas Financial Inc earned $-2.35 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Credit Services industry is 14.4%.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Nicholas Financial Inc with other companies in the same industry (Credit Services).
Net profit margin should rise over the years.
Can be influenced when Nicholas Financial Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Nicholas Financial Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Nicholas Financial Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Nicholas Financial Inc = -11,661
Total revenue MRQ Nicholas Financial Inc = 4,954
$-11,661 / $4,954 = -2.35 or -235.4%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Nicholas Financial Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
-19.4% Return on Assets means that Nicholas Financial Inc generated $-0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Nicholas Financial Inc:

The MRQ is -19.4%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -11.5%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-19.4%	TTM	-11.5%	-7.9%
TTM	-11.5%	YOY	-2.9%	-8.6%
TTM	-11.5%	5Y	-2.7%	-8.8%
5Y	-2.7%	10Y	-1.0%	-1.6%

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	-19.4%	0.9%	-20.3%
TTM	-11.5%	1.0%	-12.5%
YOY	-2.9%	0.9%	-3.8%
5Y	-2.7%	0.9%	-3.6%
10Y	-1.0%	0.9%	-1.9%

Shows how efficient Nicholas Financial Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Nicholas Financial Inc is using its resources to generate profit. If the return on assets (-19.4%) from Nicholas Financial Inc are higher than the Credit Services mean (0.9%) that means Nicholas Financial Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Nicholas Financial Inc is -19.4%. This means the company generated $-0.19 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Credit Services industry is 0.9%.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Nicholas Financial Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Nicholas Financial Inc = -11,661
Total assets MRQ (balance sheet) from Nicholas Financial Inc = 60,055
-11,661 / 60,055 = -0.19 or -19.4%

ROA is an important ratio as it will tell you how effectively Nicholas Financial Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Nicholas Financial Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
-19.7% Return on Equity means Nicholas Financial Inc generated $-0.20 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Nicholas Financial Inc:

The MRQ is -19.7%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -13.1%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-19.7%	TTM	-13.1%	-6.6%
TTM	-13.1%	YOY	-4.5%	-8.6%
TTM	-13.1%	5Y	-3.1%	-10.0%
5Y	-3.1%	10Y	-0.7%	-2.4%

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	-19.7%	3.6%	-23.3%
TTM	-13.1%	3.8%	-16.9%
YOY	-4.5%	3.6%	-8.1%
5Y	-3.1%	3.4%	-6.5%
10Y	-0.7%	3.7%	-4.4%

Shows how efficient Nicholas Financial Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Credit Services industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Nicholas Financial Inc is -19.7%. This means Nicholas Financial Inc generated $-0.20 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Credit Services industry is 3.6%.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if Nicholas Financial Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Nicholas Financial Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Nicholas Financial Inc = -11,661
Shareholders equity (balance sheet) MRQ Nicholas Financial Inc = 59,053
-11,661 / 59,053 = -0.20 or -19.7%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Nicholas Financial Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Nicholas Financial Inc is operating .

Measures how much profit Nicholas Financial Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
An Operating Margin of -446.2% means the company generated $-4.46 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Nicholas Financial Inc:

The MRQ is -446.2%. The company is operating very inefficient. -2
The TTM is -199.8%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-446.2%	TTM	-199.8%	-246.4%
TTM	-199.8%	YOY	-8.2%	-191.6%
TTM	-199.8%	5Y	-28.3%	-171.5%
5Y	-28.3%	10Y	-0.4%	-27.9%

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	-446.2%	20.8%	-467.0%
TTM	-199.8%	19.3%	-219.1%
YOY	-8.2%	27.9%	-36.1%
5Y	-28.3%	21.9%	-50.2%
10Y	-0.4%	26.1%	-26.5%

Measures how efficient Nicholas Financial Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Nicholas Financial Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Nicholas Financial Inc is -446.2%. This means that Nicholas Financial Inc earned $-4.46 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Credit Services industry is 20.8%.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Nicholas Financial Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Nicholas Financial Inc = -22,106
Total revenue MRQ Nicholas Financial Inc = 4,954
$-22,106 / $4,954 = -4.46 or -446.2%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Nicholas Financial Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Credit Services industry mean).
An Operation Ratio of 5.46 means that the operating costs are $5.46 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Nicholas Financial Inc:

The MRQ is 5.462. The company is inefficient in keeping operating costs low. -1
The TTM is 0.914. The company is less efficient in keeping operating costs low.

Trends

Current period		Compared to		+/-
MRQ	5.462	TTM	0.914	+4.548
TTM	0.914	YOY	-0.045	+0.960
TTM	0.914	5Y	0.687	+0.227
5Y	0.687	10Y	0.949	-0.262

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	5.462	0.817	+4.645
TTM	0.914	0.814	+0.100
YOY	-0.045	0.788	-0.833
5Y	0.687	0.766	-0.079
10Y	0.949	0.734	+0.215

Measures how efficient Nicholas Financial Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Nicholas Financial Inc is 546.2%. This means that Nicholas Financial Inc earned $5.46 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Credit Services industry is 0.82.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Nicholas Financial Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(22 +27,038) \ 4,954 = 5.46

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Nicholas Financial Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Nicholas Financial Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Credit Services industry mean).
A Current Ratio of 459.82 means the company has $459.82 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Nicholas Financial Inc:

The MRQ is 459.824. The company is very able to pay all its short-term debts. +2
The TTM is 115.002. The company is very able to pay all its short-term debts. +2

Trends

Current period		Compared to		+/-
MRQ	459.824	TTM	115.002	+344.822
TTM	115.002	YOY	0.303	+114.699
TTM	115.002	5Y	24.706	+90.295
5Y	24.706	10Y	12.517	+12.189

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	459.824	2.816	+457.008
TTM	115.002	3.208	+111.794
YOY	0.303	2.373	-2.070
5Y	24.706	3.940	+20.766
10Y	12.517	3.974	+8.543

Measures if Nicholas Financial Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Credit Services industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Nicholas Financial Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Nicholas Financial Inc is 459.82. This means Nicholas Financial Inc has $459.82 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Credit Services industry is 2.82.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Nicholas Financial Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
7,817 \ 17) = 459.82

The current ratio measures if Nicholas Financial Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Nicholas Financial Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Nicholas Financial Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Nicholas Financial Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Nicholas Financial Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
A Quick Ratio of 513.65 means the company can pay off $513.65 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Nicholas Financial Inc:

The MRQ is 513.647. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 128.623. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	513.647	TTM	128.623	+385.025
TTM	128.623	YOY	0.655	+127.967
TTM	128.623	5Y	7,269.913	-7,141.290
5Y	7,269.913	10Y	3,635.766	+3,634.146

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	513.647	1.748	+511.899
TTM	128.623	1.975	+126.648
YOY	0.655	1.786	-1.131
5Y	7,269.913	3.594	+7,266.319
10Y	3,635.766	3.498	+3,632.268

Measures if Nicholas Financial Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Nicholas Financial Inc can pay off its short term debts. This shows if Nicholas Financial Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Nicholas Financial Inc is 513.65. This means that Nicholas Financial Inc can pay off $513.65 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Credit Services industry is 1.75.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Nicholas Financial Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Nicholas Financial Inc: (7,817 + 0 +915) / 17 = 513.65

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Nicholas Financial Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Nicholas Financial Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Nicholas Financial Inc to Credit Services industry mean.
A Debt to Asset Ratio of 0.02 means that Nicholas Financial Inc assets are financed with 1.7% credit (debt) and the remaining percentage (100% - 1.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Nicholas Financial Inc:

The MRQ is 0.017. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.133. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.017	TTM	0.133	-0.117
TTM	0.133	YOY	0.373	-0.240
TTM	0.133	5Y	0.400	-0.266
5Y	0.400	10Y	0.509	-0.110

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	0.017	0.728	-0.711
TTM	0.133	0.714	-0.581
YOY	0.373	0.717	-0.344
5Y	0.400	0.703	-0.303
10Y	0.509	0.692	-0.183

Measures how much % of Nicholas Financial Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Nicholas Financial Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Nicholas Financial Inc to Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Nicholas Financial Inc is 0.02. This means means that Nicholas Financial Inc is financed with 1.7% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Credit Services industry is 281.6%.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Nicholas Financial Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Nicholas Financial Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
1,002 \ 60,055 = 1.7% or 0.02.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Nicholas Financial Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Nicholas Financial Inc to the Credit Services industry mean.
A Debt to Equity ratio of 1.7% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Nicholas Financial Inc:

The MRQ is 0.017. The company is very able to pay all its debts with equity. +2
The TTM is 0.170. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.017	TTM	0.170	-0.153
TTM	0.170	YOY	0.597	-0.427
TTM	0.170	5Y	0.769	-0.599
5Y	0.769	10Y	1.248	-0.479

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
MRQ	0.017	2.519	-2.502
TTM	0.170	2.308	-2.138
YOY	0.597	2.357	-1.760
5Y	0.769	2.420	-1.651
10Y	1.248	2.373	-1.125

Measures if Nicholas Financial Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Nicholas Financial Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Nicholas Financial Inc is 0.02. This means that Nicholas Financial Inc can pay off $0.02 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Credit Services industry is 2.52.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Nicholas Financial Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,002 \ 59,053 = 0.02 or 1.7%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Nicholas Financial Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Nicholas Financial Inc generates.

Above 15 is considered overpriced but always compare Nicholas Financial Inc to the Credit Services industry mean.
A PE ratio of -1.08 means the investor is paying $-1.08 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Nicholas Financial Inc:

The EOD is -1.053. Based on the earnings, the company is expensive. -2
The MRQ is -1.078. Based on the earnings, the company is expensive. -2
The TTM is 0.810. Based on the earnings, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	-1.053	MRQ	-1.078	+0.025
MRQ	-1.078	TTM	0.810	-1.888
TTM	0.810	YOY	9.334	-8.524
TTM	0.810	5Y	11.676	-10.866
5Y	11.676	10Y	11.523	+0.153

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
EOD	-1.053	7.010	-8.063
MRQ	-1.078	6.647	-7.725
TTM	0.810	6.690	-5.880
YOY	9.334	7.878	+1.456
5Y	11.676	8.842	+2.834
10Y	11.523	12.021	-0.498

Measures how much money you pay for each share for every $1 in earnings Nicholas Financial Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Nicholas Financial Inc to the Credit Services industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Nicholas Financial Inc is -1.08. This means the investor is paying $-1.08 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Credit Services industry is 6.65.
What is the trend?
The trend is important because it shows you how Nicholas Financial Inc is performing over time. The most recent quarter might be important if Nicholas Financial Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Nicholas Financial Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Nicholas Financial Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 7,286 = EPS
PE ratio MRQ = -1.08

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Nicholas Financial Inc:

The EOD is -29.389. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -30.087. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is -0.023. Based on how much money comes from the company's main activities, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-29.389	MRQ	-30.087	+0.698
MRQ	-30.087	TTM	-0.023	-30.064
TTM	-0.023	YOY	22.744	-22.766
TTM	-0.023	5Y	32.790	-32.813
5Y	32.790	10Y	18.874	+13.916

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
EOD	-29.389	-0.623	-28.766
MRQ	-30.087	-0.567	-29.520
TTM	-0.023	-0.423	+0.400
YOY	22.744	-0.330	+23.074
5Y	32.790	0.202	+32.588
10Y	18.874	-0.149	+19.023

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Nicholas Financial Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Credit Services industry mean).
A PB ratio of 0.85 means the investor is paying $0.85 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Nicholas Financial Inc:

The EOD is 0.832. Based on the equity, the company is cheap. +2
The MRQ is 0.852. Based on the equity, the company is cheap. +2
The TTM is 0.589. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.832	MRQ	0.852	-0.020
MRQ	0.852	TTM	0.589	+0.263
TTM	0.589	YOY	0.532	+0.057
TTM	0.589	5Y	0.617	-0.028
5Y	0.617	10Y	0.765	-0.148

Compared to industry (Credit Services)

Period	Company	Industry (mean)	+/-
EOD	0.832	0.903	-0.071
MRQ	0.852	0.851	+0.001
TTM	0.589	0.861	-0.272
YOY	0.532	1.105	-0.573
5Y	0.617	1.197	-0.580
10Y	0.765	1.302	-0.537

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Nicholas Financial Inc.

3.1. Institutions holding Nicholas Financial Inc

Institutions are holding 63.055% of the shares of Nicholas Financial Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	Magnolia Group, LLC	33.2839	2.4677	2426067	0	0
2023-12-31	TCW Group Inc	8.4542	0.0469	616230	2262	0.3684
2023-12-31	Dimensional Fund Advisors, Inc.	4.9644	0.0007	361854	-4601	-1.2555
2023-12-31	Renaissance Technologies Corp	4.8285	0.0038	351951	-8025	-2.2293
2023-12-31	Vanguard Group Inc	3.5878	0	261515	0	0
2023-12-31	CALDWELL SUTTER CAPITAL INC	2.2074	0.5638	160900	-9171	-5.3925
2023-12-31	Almitas Capital LLC	1.3215	0.229	96324	-6700	-6.5033
2023-12-31	Pathstone Holdings LLC	0.8232	0.0022	60000	60000	0
2023-09-30	Pathstone Family Office, LLC	0.8232	0.0022	60000	0	0
2023-12-31	Geode Capital Management, LLC	0.7323	0	53374	-18922	-26.173
2023-12-31	Bridgeway Capital Management, LLC	0.3222	0.0034	23487	2112	9.8807
2023-12-31	Empowered Funds, LLC	0.3222	0.004	23487	2112	9.8807
2023-12-31	RBF LLC	0.2468	0.0075	17988	0	0
2023-12-31	Northern Trust Corp	0.2096	0	15276	0	0
2023-12-31	BlackRock Inc	0.1646	0	12001	-407	-3.2801
2023-12-31	State Street Corporation	0.1532	0	11165	0	0
2023-12-31	Advisor Group Holdings, Inc.	0.0466	0	3400	2900	580
2023-12-31	Highlander Capital Management LLC	0.0357	0.0063	2600	0	0
2023-12-31	Acadian Asset Management LLC	0.0197	0	1434	-675	-32.0057
2023-12-31	Tower Research Capital LLC	0.0176	0.0001	1283	-1005	-43.9248
Total		62.5646	3.3376	4560336	+19880	+0.4%

3.2. Funds holding Nicholas Financial Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.0342	0.0001	148305	0	0
2024-02-29	DFA US Small Cap Value I	1.8965	0.0062	138264	-1563	-1.1178
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.4683	0.0007	107044	0	0
2024-02-29	DFA US Micro Cap I	0.7453	0.0052	54338	-1824	-3.2477
2024-02-29	DFA US Targeted Value I	0.5953	0.0023	43400	0	0
2024-02-29	Fidelity Extended Market Index	0.4852	0.0006	35375	-171	-0.4811
2024-02-29	DFA US Small Cap I	0.4556	0.0015	33215	-1531	-4.4063
2024-03-28	EA Bridgeway Omni Small-Cap Value ETF	0.3481	0.0139	25379	0	0
2024-02-29	DFA US Core Equity 2 I	0.2532	0.0004	18462	0	0
2024-02-29	DFA US Core Equity 1 I	0.1321	0.0002	9629	0	0
2024-03-28	iShares Micro-Cap ETF	0.1304	0.007	9505	0	0
2023-12-31	NT Ext Equity Mkt Idx Fd - NL	0.12	0.001	8747	0	0
2024-02-29	DFA US Vector Equity I	0.1099	0.0012	8010	0	0
2023-12-31	NT Ext Equity Mkt Idx Fd - DC - NL - T2	0.0964	0.001	7025	13	0.1854
2024-02-29	Dimensional Global Trgtd Value USD Acc	0.0877	0.0009	6396	0	0
2024-02-29	Schwab Total Stock Market Index	0.0827	0.0002	6032	0	0
2023-12-31	Northern Trust Extended Eq Market Idx	0.0824	0.0007	6005	0	0
2023-12-31	NT Ext Equity Mkt Idx Fd - L	0.0824	0.0007	6005	0	0
2024-02-29	Fidelity Nasdaq Composite Index	0.0807	0.0003	5880	0	0
2023-12-31	SSgA U.S. Extended Market Index Class I	0.0727	0.0013	5297	0	0
Total		9.3591	0.0454	682313	-5076	-0.7%

3.3. Insider Transactions

Insiders are holding 17.945% of the shares of Nicholas Financial Inc.

Date	Owner	Type	Amount	Price
2023-03-07	Adam K Peterson	BUY	12000	6.05
2023-02-23	Jeffrey C Royal	BUY	10000	6.26
2022-11-21	Jeffrey C Royal	BUY	2501	6.51
2022-11-18	Jeffrey C Royal	BUY	15000	6.57
2022-05-27	Adam K Peterson	BUY	8106	9.7
2022-02-16	Adam K Peterson	BUY	2481	11.79
2022-02-11	Adam K Peterson	BUY	1	11.45
2022-02-09	Adam K Peterson	BUY	11213	11.35
2022-02-02	Douglas W Marohn	BUY	515	11.16
2021-12-01	Brendan Joseph Keating	BUY	1000	11.8
2021-11-29	Brendan Joseph Keating	BUY	479	12
2021-11-26	Brendan Joseph Keating	BUY	1100	12
2021-11-18	Brendan Joseph Keating	BUY	2000	11.84
2021-11-16	Brendan Joseph Keating	BUY	4000	12.05
2021-11-10	Douglas W Marohn	BUY	2000	12
2021-11-10	Jeffrey C Royal	BUY	1319	12.05
2021-08-18	Adam K Peterson	BUY	49699	11.49
2021-08-16	Adam K. Peterson	BUY	30099	11.39
2021-08-11	Adam K. Peterson	BUY	16105	11.4
2021-08-05	Adam K. Peterson	BUY	37800	11.32

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Nicholas Financial Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-1.599	-1.253	-22%	-0.541	-66%	-0.322	-80%	-0.079	-95%
Book Value Per Share	-	-	8.100	9.970	-19%	14.732	-45%	13.369	-39%	13.174	-39%
Current Ratio	-	-	459.824	115.002	+300%	0.303	+151740%	24.706	+1761%	12.517	+3574%
Debt To Asset Ratio	-	-	0.017	0.133	-87%	0.373	-96%	0.400	-96%	0.509	-97%
Debt To Equity Ratio	-	-	0.017	0.170	-90%	0.597	-97%	0.769	-98%	1.248	-99%
Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	0.006	-100%
Eps	-	-	-1.599	-1.248	-22%	-0.614	-62%	-0.310	-81%	-0.058	-96%
Free Cash Flow Per Share	-	-	-0.057	-0.010	-83%	0.019	-397%	0.172	-133%	0.424	-114%
Free Cash Flow To Equity Per Share	-	-	-0.585	-1.559	+166%	-0.550	-6%	-0.676	+16%	-0.245	-58%
Gross Profit Margin	-	-	1.002	0.998	+0%	0.776	+29%	0.740	+35%	0.770	+30%
Intrinsic Value_10Y_max	-	-	7.382	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-4.068	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	1.560	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	0.190	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	4.061	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	0.058	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	5.810	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-0.638	-	-	-	-	-	-	-	-
Market Cap	49138374.400	-2%	50304864.000	41605767.808	+21%	58104573.600	-13%	63478402.744	-21%	84249940.843	-40%
Net Profit Margin	-	-	-2.354	-1.467	-38%	-0.432	-82%	-0.340	-86%	-0.123	-95%
Operating Margin	-	-	-4.462	-1.998	-55%	-0.082	-98%	-0.283	-94%	-0.004	-100%
Operating Ratio	-	-	5.462	0.914	+497%	-0.045	+101%	0.687	+695%	0.949	+475%
Pb Ratio	0.832	-2%	0.852	0.589	+45%	0.532	+60%	0.617	+38%	0.765	+11%
Pe Ratio	-1.053	+2%	-1.078	0.810	-233%	9.334	-112%	11.676	-109%	11.523	-109%
Price Per Share	6.740	-2%	6.900	5.707	+21%	7.890	-13%	8.239	-16%	9.842	-30%
Price To Free Cash Flow Ratio	-29.389	+2%	-30.087	-0.023	-100%	22.744	-232%	32.790	-192%	18.874	-259%
Price To Total Gains Ratio	-4.214	+2%	-4.314	4.021	-207%	-14.522	+237%	40.172	-111%	24.948	-117%
Quick Ratio	-	-	513.647	128.623	+299%	0.655	+78273%	7269.913	-93%	3635.766	-86%
Return On Assets	-	-	-0.194	-0.115	-41%	-0.029	-85%	-0.027	-86%	-0.010	-95%
Return On Equity	-	-	-0.197	-0.131	-34%	-0.045	-77%	-0.031	-84%	-0.007	-96%
Total Gains Per Share	-	-	-1.599	-1.253	-22%	-0.541	-66%	-0.322	-80%	-0.073	-95%
Usd Book Value	-	-	59053000.000	72689000.000	-19%	108331500.000	-45%	102580950.000	-42%	108258050.000	-45%
Usd Book Value Change Per Share	-	-	-1.599	-1.253	-22%	-0.541	-66%	-0.322	-80%	-0.079	-95%
Usd Book Value Per Share	-	-	8.100	9.970	-19%	14.732	-45%	13.369	-39%	13.174	-39%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	-	0%	0.006	-100%
Usd Eps	-	-	-1.599	-1.248	-22%	-0.614	-62%	-0.310	-81%	-0.058	-96%
Usd Free Cash Flow	-	-	-418000.000	-71500.000	-83%	135750.000	-408%	1347250.000	-131%	3588494.575	-112%
Usd Free Cash Flow Per Share	-	-	-0.057	-0.010	-83%	0.019	-397%	0.172	-133%	0.424	-114%
Usd Free Cash Flow To Equity Per Share	-	-	-0.585	-1.559	+166%	-0.550	-6%	-0.676	+16%	-0.245	-58%
Usd Market Cap	49138374.400	-2%	50304864.000	41605767.808	+21%	58104573.600	-13%	63478402.744	-21%	84249940.843	-40%
Usd Price Per Share	6.740	-2%	6.900	5.707	+21%	7.890	-13%	8.239	-16%	9.842	-30%
Usd Profit	-	-	-11661000.000	-9096500.000	-22%	-4488500.000	-62%	-2231900.000	-81%	-178350.000	-98%
Usd Revenue	-	-	4954000.000	6352000.000	-22%	11182500.000	-56%	11018200.000	-55%	15111475.000	-67%
Usd Total Gains Per Share	-	-	-1.599	-1.253	-22%	-0.541	-66%	-0.322	-80%	-0.073	-95%
	EOD	+3 -5	MRQ	TTM	+12 -22	YOY	+9 -25	5Y	+9 -25	10Y	+7 -29

4.2. Fundamental Score

Let's check the fundamental score of Nicholas Financial Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-1.053
Price to Book Ratio (EOD)	Between	0-1	0.832
Net Profit Margin (MRQ)	Greater than	0	-2.354
Operating Margin (MRQ)	Greater than	0	-4.462
Quick Ratio (MRQ)	Greater than	1	513.647
Current Ratio (MRQ)	Greater than	1	459.824
Debt to Asset Ratio (MRQ)	Less than	1	0.017
Debt to Equity Ratio (MRQ)	Less than	1	0.017
Return on Equity (MRQ)	Greater than	0.15	-0.197
Return on Assets (MRQ)	Greater than	0.05	-0.194
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

4.3. Technical Score

Let's check the technical score of Nicholas Financial Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.395
Ma 20	Greater than	Ma 50	6.809
Ma 50	Greater than	Ma 100	6.895
Ma 100	Greater than	Ma 200	6.932
Open	Greater than	Close	6.730
Total			1/5 (20.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Net Debt		46,446	-17,788	28,658	-14,227	14,431	-11,349	3,082	-10,760	-7,678
Net Working Capital		-405	-28,077	-28,482	12,236	-16,246	11,761	-4,485	12,285	7,800

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	60,055
Total Liabilities	1,002
Total Stockholder Equity	59,053

	As reported
Total Liabilities	1,002
Total Stockholder Equity	+ 59,053
Total Assets	= 60,055

Assets

Total Assets	60,055
Total Current Assets	7,817
Long-term Assets	168

Total Current Assets

Total Current Assets (as reported)	7,817
Cash And Cash Equivalents	7,817
Net Receivables	915
Total Current Assets (calculated)	8,732
+/-	915

Long-term Assets

Long-term Assets (as reported)	168
Property Plant Equipment	268
Long-term Assets Other	-164
Long-term Assets (calculated)	104
+/-	64

Liabilities & Shareholders' Equity

Total Current Liabilities	17
Long-term Liabilities	863
Total Stockholder Equity	59,053

Total Current Liabilities

Total Current Liabilities (as reported)	17
Short-term Debt	17
Other Current Liabilities	-17
Total Current Liabilities (calculated)	0
+/-	17

Long-term Liabilities

Long-term Liabilities (as reported)	863
Long-term Liabilities (calculated)	0
+/-	863

Total Stockholder Equity

Total Stockholder Equity (as reported)	59,053
Common Stock	35,267
Retained Earnings	100,580
Other Stockholders Equity	-76,794
Total Stockholder Equity (calculated)	59,053
+/-	0

Other

Capital Stock	35,267
Cash and Short Term Investments	7,817
Common Stock Shares Outstanding	7,286
Liabilities and Stockholders Equity	60,055
Net Debt	-7,678
Net Working Capital	7,800
Short Long Term Debt Total	139

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

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

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

> Total Assets

21,000
21,700
22,400
27,021
22,400
29,700
31,200
34,173
36,700
37,400
38,900
42,257
44,200
45,800
49,514
54,135
59,592
62,821
64,404
67,242
69,356
71,259
72,853
77,509
80,729
83,713
85,101
90,037
94,853
98,502
99,677
103,223
108,600
112,578
114,029
120,815
125,820
134,625
141,982
149,495
156,322
160,393
165,947
173,019
177,809
182,171
184,847
189,838
195,512
197,367
195,144
197,782
203,561
209,168
212,538
214,136
223,894
231,487
236,727
243,643
249,900
252,366
254,876
257,236
402,104
409,846
387,405
264,536
270,092
276,602
276,086
283,430
291,285
295,775
296,500
302,529
312,311
321,326
324,486
325,309
328,917
328,781
337,841
333,612
324,738
308,911
296,190
284,162
272,910
250,390
234,546
252,420
259,423
227,946
228,082
238,084
235,118
225,746
214,693
212,438
200,608
198,469
182,586
183,570
190,348
174,286
145,204
110,348
98,105
75,849
60,055

60,055

75,849

98,105

110,348

145,204

174,286

190,348

183,570

182,586

198,469

200,608

212,438

214,693

225,746

235,118

238,084

228,082

227,946

259,423

252,420

234,546

250,390

272,910

284,162

296,190

308,911

324,738

333,612

337,841

328,781

328,917

325,309

324,486

321,326

312,311

302,529

296,500

295,775

291,285

283,430

276,086

276,602

270,092

264,536

387,405

409,846

402,104

257,236

254,876

252,366

249,900

243,643

236,727

231,487

223,894

214,136

212,538

209,168

203,561

197,782

195,144

197,367

195,512

189,838

184,847

182,171

177,809

173,019

165,947

160,393

156,322

149,495

141,982

134,625

125,820

120,815

114,029

112,578

108,600

103,223

99,677

98,502

94,853

90,037

85,101

83,713

80,729

77,509

72,853

71,259

69,356

67,242

64,404

62,821

59,592

54,135

49,514

45,800

44,200

42,257

38,900

37,400

36,700

34,173

31,200

29,700

22,400

27,021

22,400

21,700

21,000

> Total Current Assets

19,900
20,600
0
140
21,400
28,600
29,900
327
35,000
35,600
36,900
532
42,200
43,700
268
280
132
121
362
248
232
57
316
66
716
617
758
497
746
1,998
2,194
970
1,796
1,695
1,505
866
1,451
1,251
1,679
1,741
3,630
1,742
2,175
1,517
3,291
2,461
4,713
2,302
2,143
2,556
1,895
190,203
195,732
199,722
204,378
205,826
215,178
221,038
226,163
232,862
2,989
242,396
244,995
2,803
5,049
3,723
4,667
2,798
3,659
4,474
4,089
2,635
2,291
4,982
2,636
3,388
1,231
1,673
3,006
1,849
4,520
3,799
3,664
2,855
7,717
3,672
3,082
2,626
4,981
2,787
4,252
35,595
7,539
4,678
15,801
16,802
25,932
19,568
20,535
0
18,401
15,611
173,009
8,079
11,288
4,818
1,859
454
678
651
7,817

7,817

651

678

454

1,859

4,818

11,288

8,079

173,009

15,611

18,401

20,535

19,568

25,932

16,802

15,801

4,678

7,539

35,595

4,252

2,787

4,981

2,626

3,082

3,672

7,717

2,855

3,664

3,799

4,520

1,849

3,006

1,673

1,231

3,388

2,636

4,982

2,291

2,635

4,089

4,474

3,659

2,798

4,667

3,723

5,049

2,803

244,995

242,396

2,989

232,862

226,163

221,038

215,178

205,826

204,378

199,722

195,732

190,203

1,895

2,556

2,143

2,302

4,713

2,461

3,291

1,517

2,175

1,742

3,630

1,741

1,679

1,251

1,451

866

1,505

1,695

1,796

970

2,194

1,998

746

497

758

617

716

316

232

248

362

121

132

280

268

43,700

42,200

532

36,900

35,600

35,000

327

29,900

28,600

21,400

140

20,600

19,900

Cash And Cash Equivalents

300
100
200
108
200
100
100
304
0
200
400
509
300
100
244
259
105
98
344
233
217
40
303
51
704
598
739
481
733
1,984
2,161
958
1,781
1,685
1,494
853
1,442
1,242
1,671
1,729
3,626
1,733
2,146
1,499
3,275
2,451
4,705
2,297
2,139
2,551
1,895
1,733
1,931
1,868
4,769
1,534
2,321
1,009
3,352
2,018
2,989
2,720
4,720
2,803
5,049
3,723
4,667
2,798
3,659
4,474
4,089
2,635
2,291
4,982
2,636
3,388
1,231
1,673
3,006
1,849
4,520
3,799
3,664
2,855
7,717
3,672
3,082
2,626
4,981
2,787
4,252
35,595
34,517
13,928
24,106
24,684
25,932
33,169
20,535
22,022
18,401
15,611
6,530
4,775
3,551
1,503
914
454
678
651
7,817

7,817

651

678

454

914

1,503

3,551

4,775

6,530

15,611

18,401

22,022

20,535

33,169

25,932

24,684

24,106

13,928

34,517

35,595

4,252

2,787

4,981

2,626

3,082

3,672

7,717

2,855

3,664

3,799

4,520

1,849

3,006

1,673

1,231

3,388

2,636

4,982

2,291

2,635

4,089

4,474

3,659

2,798

4,667

3,723

5,049

2,803

4,720

2,720

2,989

2,018

3,352

1,009

2,321

1,534

4,769

1,868

1,931

1,733

1,895

2,551

2,139

2,297

4,705

2,451

3,275

1,499

2,146

1,733

3,626

1,729

1,671

1,242

1,442

853

1,494

1,685

1,781

958

2,161

1,984

733

481

739

598

704

303

217

233

344

105

259

244

100

300

509

400

200

304

100

200

108

200

100

300

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-26,978
-9,250
-8,305
-7,882
0
-13,601
0
0
0
0
0
0
6,449
0
0
0
0
0
0

6,449

-13,601

-7,882

-8,305

-9,250

-26,978

Net Receivables

19,600
20,500
21,200
32
21,200
28,500
29,800
23
35,000
35,400
36,500
23
41,900
43,600
25
21
28
23
18
14
15
17
13
14
12
19
20
16
13
14
32
12
14
10
11
13
9
9
8
12
3
9
29
18
16
9
172,578
179,048
185,455
186,140
183,502
186,694
192,076
197,166
197,440
202,440
211,111
219,515
222,309
230,164
234,688
236,933
237,971
498
498
1,283
1,397
103
103
847
277
1,094
1,094
921
646
113
113
662
419
593
593
697
321,757
719
719
628
620
1,505
1,256
1,702
4,536
4,543
4,827
4,715
4,757
8,062
7,560
4,265
2,936
2,938
2,877
2,645
3,232
3,304
3,776
3,315
3,848
2,878
2,422
2,147
915

915

2,147

2,422

2,878

3,848

3,315

3,776

3,304

3,232

2,645

2,877

2,938

2,936

4,265

7,560

8,062

4,757

4,715

4,827

4,543

4,536

1,702

1,256

1,505

620

628

719

321,757

697

593

419

662

113

646

921

1,094

277

847

103

1,397

1,283

498

237,971

236,933

234,688

230,164

222,309

219,515

211,111

202,440

197,440

197,166

192,076

186,694

183,502

186,140

185,455

179,048

172,578

43,600

41,900

36,500

35,400

35,000

29,800

28,500

21,200

20,500

19,600

Other Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-172,570
-179,043
-185,451
-186,135
-183,502
1,776
1,725
687
2,169
1,853
1,746
514
502
681
867
1,473
2,304
-498
0
-1,283
-1,397
-103
0
-847
-277
-1,094
0
-921
-646
-113
0
-662
-419
-593
0
-697
0
-719
8
-628
-620
-1,505
-1,256
-1,702
-4,536
-4,543
-4,827
-4,715
-4,757
-8,062
-7,560
-4,265
-2,936
-24,960
6,318
8,432
163,247
1,103
-2,488
-164,160
-141,578
-108,319
-95,333
-73,744
-8,732

-8,732

-73,744

-95,333

-108,319

-141,578

-164,160

-2,488

1,103

163,247

8,432

6,318

-24,960

-2,936

-4,265

-7,560

-8,062

-4,757

-4,715

-4,827

-4,543

-4,536

-1,702

-1,256

-1,505

-620

-628

-719

-697

-593

-419

-662

-113

-646

-921

-1,094

-277

-847

-103

-1,397

-1,283

-498

2,304

1,473

867

681

502

514

1,746

1,853

2,169

687

1,725

1,776

-183,502

-186,135

-185,451

-179,043

-172,570

> Long-term Assets

700
700
0
594
200
200
200
1,174
200
200
200
1,492
200
200
1,719
1,447
1,531
1,558
1,546
1,405
1,403
1,320
1,105
859
843
737
1,728
2,724
3,646
3,517
3,611
3,920
106,805
110,883
112,524
119,949
124,369
133,374
140,303
147,754
152,693
158,651
163,772
171,502
174,518
179,710
180,135
187,536
193,369
194,810
193,249
7,580
7,829
9,446
8,160
8,310
8,715
10,449
10,563
10,781
246,911
9,971
9,881
12,084
11,988
12,328
12,456
11,212
11,175
11,634
10,742
11,451
10,820
11,611
11,019
10,236
10,584
11,544
11,167
11,623
11,742
12,255
12,420
13,535
13,482
14,583
11,750
11,660
11,339
11,362
11,084
14,783
42,458
23,816
21,954
22,235
19,858
674
681
0
6,538
7,765
3,297
6,060
7,487
4,750
1,970
176
206
187
168

168

187

206

176

1,970

4,750

7,487

6,060

3,297

7,765

6,538

681

674

19,858

22,235

21,954

23,816

42,458

14,783

11,084

11,362

11,339

11,660

11,750

14,583

13,482

13,535

12,420

12,255

11,742

11,623

11,167

11,544

10,584

10,236

11,019

11,611

10,820

11,451

10,742

11,634

11,175

11,212

12,456

12,328

11,988

12,084

9,881

9,971

246,911

10,781

10,563

10,449

8,715

8,310

8,160

9,446

7,829

7,580

193,249

194,810

193,369

187,536

180,135

179,710

174,518

171,502

163,772

158,651

152,693

147,754

140,303

133,374

124,369

119,949

112,524

110,883

106,805

3,920

3,611

3,517

3,646

2,724

1,728

737

843

859

1,105

1,320

1,403

1,405

1,546

1,558

1,531

1,447

1,719

200

1,492

200

1,174

200

594

700

Property Plant Equipment

200
200
200
182
200
200
200
182
200
200
200
217
200
200
234
332
340
367
355
334
326
338
285
371
383
410
407
468
510
512
561
566
585
597
646
763
793
829
841
888
899
1,042
1,010
1,015
974
925
879
844
822
869
822
774
718
667
700
661
660
692
676
771
820
828
781
759
773
765
758
742
757
749
765
870
897
931
906
872
941
1,369
1,380
1,290
1,569
1,623
1,580
1,184
1,179
1,082
970
843
755
674
642
656
616
551
522
1,864
2,413
2,588
2,940
3,392
3,430
4,801
4,594
4,277
4,084
3,282
1,176
176
206
187
268

268

187

206

176

1,176

3,282

4,084

4,277

4,594

4,801

3,430

3,392

2,940

2,588

2,413

1,864

522

551

616

656

642

674

755

843

970

1,082

1,179

1,184

1,580

1,623

1,569

1,290

1,380

1,369

941

872

906

931

897

870

765

749

757

742

758

765

773

759

781

828

820

771

676

692

660

661

700

667

718

774

822

869

822

844

879

925

974

1,015

1,010

1,042

899

888

841

829

793

763

646

597

585

566

561

512

510

468

407

410

383

371

285

338

326

334

355

367

340

332

234

200

217

200

182

200

182

200

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
328
350
295
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

295

350

328

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,409
1,473
1,738,166
1,373
1,483
1,642
1,765
1,204
2,110
2,148
1,940
1,880
60
223
101
0
0
0
6
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,013
4,286
0
0
0
0
0
6,449
0
0
0
0
0
0

6,449

4,286

3,013

101

223

1,880

1,940

2,148

2,110

1,204

1,765

1,642

1,483

1,373

1,738,166

1,473

1,409

Intangible Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
124
93
79
65
0
0
0
0
0
0
0
0
0
0
0
0
77
0
0
0

124

Other Assets

400
400
22,400
26,287
800
900
1,100
32,671
1,500
1,600
1,800
40,232
1,800
1,900
47,527
52,408
57,929
61,142
62,497
65,590
67,721
69,882
71,432
76,584
79,169
82,358
82,614
86,815
90,461
92,987
93,873
98,334
3,559
4,322
4,184
4,947
4,794
5,567
5,524
5,879
6,256
5,916
5,547
5,235
5,370
5,225
4,939
5,832
5,535
6,286
7,505
7,522
7,746
8,021
8,201
8,431
8,616
8,926
9,127
9,636
9,994
9,753
9,666
242,349
385,066
393,796
370,282
250,526
255,258
260,495
261,254
269,344
278,174
279,182
282,845
288,904
300,496
308,109
310,314
311,837
312,655
312,727
321,757
317,222
303,539
290,656
281,358
269,876
256,590
236,241
219,210
202,042
209,426
199,452
190,327
199,047
189,328
205,504
193,477
212,438
175,669
175,093
6,280
169,431
171,573
164,718
141,375
109,718
97,221
75,011
52,070

52,070

75,011

97,221

109,718

141,375

164,718

171,573

169,431

6,280

175,093

175,669

212,438

193,477

205,504

189,328

199,047

190,327

199,452

209,426

202,042

219,210

236,241

256,590

269,876

281,358

290,656

303,539

317,222

321,757

312,727

312,655

311,837

310,314

308,109

300,496

288,904

282,845

279,182

278,174

269,344

261,254

260,495

255,258

250,526

370,282

393,796

385,066

242,349

9,666

9,753

9,994

9,636

9,127

8,926

8,616

8,431

8,201

8,021

7,746

7,522

7,505

6,286

5,535

5,832

4,939

5,225

5,370

5,235

5,547

5,916

6,256

5,879

5,524

5,567

4,794

4,947

4,184

4,322

3,559

98,334

93,873

92,987

90,461

86,815

82,614

82,358

79,169

76,584

71,432

69,882

67,721

65,590

62,497

61,142

57,929

52,408

47,527

1,900

1,800

40,232

1,800

1,600

1,500

32,671

1,100

900

800

26,287

22,400

400

> Total Liabilities

17,500
18,000
16,600
20,985
16,600
23,200
24,400
27,197
29,500
29,800
30,900
33,716
35,200
36,100
39,157
43,008
47,810
50,197
51,054
52,814
54,786
56,132
56,578
59,513
62,073
64,656
64,894
67,946
71,854
74,187
73,568
75,778
68,576
71,579
70,220
74,058
76,877
82,748
87,139
91,246
94,782
96,482
99,138
103,212
104,762
106,798
107,783
111,261
113,854
114,730
112,411
112,764
115,986
118,863
118,553
116,699
122,533
125,930
126,528
128,430
128,574
126,233
124,369
121,297
261,635
265,122
263,465
136,870
138,615
141,855
137,271
141,492
144,214
144,150
140,948
212,641
218,616
224,217
224,497
222,460
223,053
220,755
228,047
224,752
214,957
198,426
188,493
175,725
162,922
139,926
124,955
147,535
153,913
122,113
122,090
130,505
126,043
115,602
101,233
97,216
84,276
81,379
66,171
67,184
78,026
65,248
49,624
30,539
16,924
5,136
1,002

1,002

5,136

16,924

30,539

49,624

65,248

78,026

67,184

66,171

81,379

84,276

97,216

101,233

115,602

126,043

130,505

122,090

122,113

153,913

147,535

124,955

139,926

162,922

175,725

188,493

198,426

214,957

224,752

228,047

220,755

223,053

222,460

224,497

224,217

218,616

212,641

140,948

144,150

144,214

141,492

137,271

141,855

138,615

136,870

263,465

265,122

261,635

121,297

124,369

126,233

128,574

128,430

126,528

125,930

122,533

116,699

118,553

118,863

115,986

112,764

112,411

114,730

113,854

111,261

107,783

106,798

104,762

103,212

99,138

96,482

94,782

91,246

87,139

82,748

76,877

74,058

70,220

71,579

68,576

75,778

73,568

74,187

71,854

67,946

64,894

64,656

62,073

59,513

56,578

56,132

54,786

52,814

51,054

50,197

47,810

43,008

39,157

36,100

35,200

33,716

30,900

29,800

29,500

27,197

24,400

23,200

16,600

20,985

16,600

18,000

17,500

> Total Current Liabilities

1,400
1,100
1,100
1,600
1,100
1,500
1,500
2,200
2,300
1,900
2,100
2,100
2,700
2,800
2,400
3,300
3,500
3,200
3,000
4,100
5,100
5,500
5,100
5,700
6,400
6,500
6,900
6,900
9,100
8,200
6,600
7,600
7,500
7,100
7,000
7,800
9,300
7,900
8,100
8,800
10,800
9,400
8,300
9,200
10,800
9,200
7,900
11,400
10,100
8,600
10,900
112,764
112,591
116,033
116,253
114,778
121,024
124,632
125,397
127,322
128,574
125,162
123,295
9,300
12,200
10,400
9,000
11,400
12,600
10,900
13,725
13,600
12,800
12,200
10,900
13,600
15,600
13,000
11,500
11,500
14,100
11,800
13,700
11,800
11,000
10,400
10,500
6,600
11,900
5,700
4,955
2,535
7,810
5,403
5,322
4,409
9,556
7,133
189,741
0
72,871
69,599
54,795
54,813
69,831
59,349
2,264
28,936
16,924
5,136
17

5,136

16,924

28,936

2,264

59,349

69,831

54,813

54,795

69,599

72,871

189,741

7,133

9,556

4,409

5,322

5,403

7,810

2,535

4,955

5,700

11,900

6,600

10,500

10,400

11,000

11,800

13,700

11,800

14,100

11,500

13,000

15,600

13,600

10,900

12,200

12,800

13,600

13,725

10,900

12,600

11,400

9,000

10,400

12,200

9,300

123,295

125,162

128,574

127,322

125,397

124,632

121,024

114,778

116,253

116,033

112,591

112,764

10,900

8,600

10,100

11,400

7,900

9,200

10,800

9,200

8,300

9,400

10,800

8,800

8,100

7,900

9,300

7,800

7,000

7,100

7,500

7,600

6,600

8,200

9,100

6,900

6,500

6,400

5,700

5,100

5,500

5,100

4,100

3,000

3,200

3,500

3,300

2,400

2,800

2,700

2,100

1,900

2,300

2,200

1,500

1,100

1,600

1,100

1,400

Short-term Debt

0
0
0
1,756
200
200
200
1,592
25,600
0
0
1,607
0
0
0
1,318
0
0
0
968
0
0
0
542
0
0
0
809
0
65,010
0
682
61,061
64,541
63,208
1,000
600
600
600
0
985
87,073
784
0
94,000
97,552
99,903
99,937
103,775
106,125
101,530
102,030
103,961
109,676
110,370
107,275
110,022
117,000
118,017
118,000
116,000
117,000
116,000
112,000
109,000
110,000
130,500
125,500
126,022
131,000
127,000
127,900
131,400
132,000
130,000
199,000
203,000
211,161
213,000
211,000
209,000
209,000
214,340
213,000
204,000
188,000
178,000
165,750
151,000
134,200
120,000
142,619
146,103
116,710
116,768
124,255
116,532
106,639
91,547
86,154
72,871
69,599
54,795
54,813
69,831
59,349
44,624
28,936
15,109
3,733
17

3,733

15,109

28,936

44,624

59,349

69,831

54,813

54,795

69,599

72,871

86,154

91,547

106,639

116,532

124,255

116,768

116,710

146,103

142,619

120,000

134,200

151,000

165,750

178,000

188,000

204,000

213,000

214,340

209,000

211,000

213,000

211,161

203,000

199,000

130,000

132,000

131,400

127,900

127,000

131,000

126,022

125,500

130,500

110,000

109,000

112,000

116,000

117,000

116,000

118,000

118,017

117,000

110,022

107,275

110,370

109,676

103,961

102,030

101,530

106,125

103,775

99,937

99,903

97,552

94,000

784

87,073

985

600

1,000

63,208

64,541

61,061

682

65,010

809

542

968

1,318

1,607

25,600

1,592

200

1,756

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
127,900
0
0
0
199,181
0
0
0
211,205
0
0
214,340
213,000
204,000
188,000
178,000
165,750
151,000
134,200
120,000
142,619
146,103
116,710
116,768
124,255
116,532
106,639
91,547
86,154
72,871
69,599
54,795
54,813
69,831
59,349
44,624
28,936
15,109
3,733
0

3,733

15,109

28,936

44,624

59,349

69,831

54,813

54,795

69,599

72,871

86,154

91,547

106,639

116,532

124,255

116,768

116,710

146,103

142,619

120,000

134,200

151,000

165,750

178,000

188,000

204,000

213,000

214,340

211,205

199,181

127,900

Accounts payable

0
0
0
1,274
0
0
0
1,742
0
0
0
1,735
0
0
1,878
2,696
2,891
2,530
2,275
3,018
2,805
3,005
2,739
3,401
3,130
3,089
2,615
3,071
4,041
3,743
3,453
3,765
4,344
4,185
4,145
4,312
6,262
6,485
6,511
5,887
4,254
6,868
5,985
5,930
4,523
6,320
4,796
7,237
7,432
5,786
6,076
6,529
6,871
6,345
5,866
7,082
8,773
7,511
7,264
9,088
8,392
8,162
7,295
6,612
6,264
7,021
5,519
7,406
6,665
6,809
6,677
8,925
7,581
7,191
6,353
7,841
8,099
7,432
5,639
5,839
6,551
5,448
7,391
5,932
4,979
5,377
4,994
5,000
5,505
4,305
3,610
3,604
6,335
5,403
5,322
4,332
3,902
3,129
3,513
4,451
4,751
3,719
3,451
4,717
3,967
2,458
2,264
1,427
1,815
1,403
0

1,403

1,815

1,427

2,264

2,458

3,967

4,717

3,451

3,719

4,751

4,451

3,513

3,129

3,902

4,332

5,322

5,403

6,335

3,604

3,610

4,305

5,505

5,000

4,994

5,377

4,979

5,932

7,391

5,448

6,551

5,839

5,639

7,432

8,099

7,841

6,353

7,191

7,581

8,925

6,677

6,809

6,665

7,406

5,519

7,021

6,264

6,612

7,295

8,162

8,392

9,088

7,264

7,511

8,773

7,082

5,866

6,345

6,871

6,529

6,076

5,786

7,432

7,237

4,796

6,320

4,523

5,930

5,985

6,868

4,254

5,887

6,511

6,485

6,262

4,312

4,145

4,185

4,344

3,765

3,453

3,743

4,041

3,071

2,615

3,089

3,130

3,401

2,739

3,005

2,805

3,018

2,275

2,530

2,891

2,696

1,878

1,735

1,742

1,274

Other Current Liabilities

1,400
1,100
1,100
-1,430
1,100
1,300
1,300
-1,134
-23,300
1,900
2,100
-1,242
2,700
2,800
522
-714
609
670
725
114
2,295
2,495
2,361
1,757
3,270
3,411
4,285
3,021
5,059
-60,553
3,147
3,153
-59,056
-62,911
-61,684
2,488
1,012
-694
-575
2,913
3,935
-86,081
-9
3,270
-89,315
-96,251
-98,268
-97,251
-102,565
-104,700
-97,979
2,961
530
-1,182
-1,109
421
1,111
-1,016
-990
234
3,110
-1,071
-1,074
-109,312
-104,166
-107,750
-128,127
-121,506
-121,692
-128,779
-121,970
-123,225
-128,765
-129,706
-128,356
-193,241
-198,929
-209,265
-210,939
-205,339
-205,361
-206,524
-212,034
-207,132
-201,686
-186,461
-175,807
-164,150
-147,858
-132,805
-118,655
-143,688
-144,628
-111,307
-111,446
-119,846
-106,976
-106,639
98,194
-86,154
0
0
-819
0
-5,693
-3,022
-44,624
-28,936
-16,924
-5,136
-17

-17

-5,136

-16,924

-28,936

-44,624

-3,022

-5,693

-819

-86,154

98,194

-106,639

-106,976

-119,846

-111,446

-111,307

-144,628

-143,688

-118,655

-132,805

-147,858

-164,150

-175,807

-186,461

-201,686

-207,132

-212,034

-206,524

-205,361

-205,339

-210,939

-209,265

-198,929

-193,241

-128,356

-129,706

-128,765

-123,225

-121,970

-128,779

-121,692

-121,506

-128,127

-107,750

-104,166

-109,312

-1,074

-1,071

3,110

234

-990

-1,016

1,111

421

-1,109

-1,182

530

2,961

-97,979

-104,700

-102,565

-97,251

-98,268

-96,251

-89,315

3,270

-9

-86,081

3,935

2,913

-575

-694

1,012

2,488

-61,684

-62,911

-59,056

3,153

3,147

-60,553

5,059

3,021

4,285

3,411

3,270

1,757

2,361

2,495

2,295

114

725

670

609

-714

522

2,800

2,700

-1,242

2,100

1,900

-23,300

-1,134

1,300

1,100

-1,430

1,100

1,400

> Long-term Liabilities

16,100
16,900
15,500
19,400
15,500
21,700
23,000
25,000
27,200
27,900
28,700
31,600
32,400
33,400
36,800
39,700
44,300
47,000
48,100
48,800
49,700
50,600
51,500
53,800
55,700
58,200
58,000
61,000
62,800
66,000
67,000
68,200
61,100
64,500
63,200
66,300
67,600
74,800
79,000
82,400
84,000
87,100
90,800
94,000
94,000
97,600
99,900
99,900
103,800
106,100
101,500
0
3,394
2,831
2,300
1,921
1,509
1,299
1,131
1,108
1,072
1,071
1,074
112,000
109,000
110,000
130,500
125,500
126,000
131,000
127,000
127,900
131,400
132,000
130,000
199,000
203,000
211,200
213,000
211,000
209,000
209,000
214,300
213,000
204,000
188,000
178,000
165,800
151,000
134,200
120,000
145,000
146,103
116,710
116,768
126,830
116,532
109,883
94,791
0
6,654
8,061
7,925
7,654
4,228
59,349
47,360
176
16,756
4,982
863

863

4,982

16,756

176

47,360

59,349

4,228

7,654

7,925

8,061

6,654

94,791

109,883

116,532

126,830

116,768

116,710

146,103

145,000

120,000

134,200

151,000

165,800

178,000

188,000

204,000

213,000

214,300

209,000

211,000

213,000

211,200

203,000

199,000

130,000

132,000

131,400

127,900

127,000

131,000

126,000

125,500

130,500

110,000

109,000

112,000

1,074

1,071

1,072

1,108

1,131

1,299

1,509

1,921

2,300

2,831

3,394

101,500

106,100

103,800

99,900

97,600

94,000

90,800

87,100

84,000

82,400

79,000

74,800

67,600

66,300

63,200

64,500

61,100

68,200

67,000

66,000

62,800

61,000

58,000

58,200

55,700

53,800

51,500

50,600

49,700

48,800

48,100

47,000

44,300

39,700

36,800

33,400

32,400

31,600

28,700

27,900

27,200

25,000

23,000

21,700

15,500

19,400

15,500

16,900

16,100

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
683
646
505
0
56
5
0
89
0
23
181
224
303
59
205
223
102
21
0
0
0
0
0
0
0
120,000
142,619
146,103
116,710
116,768
124,255
119,776
109,883
94,791
89,398
76,115
0
0
0
0
0
0
28,936
0
0
0

28,936

76,115

89,398

94,791

109,883

119,776

124,255

116,768

116,710

146,103

142,619

120,000

102

223

205

303

224

181

505

646

683

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
535
587
593
628
612
1,663
2,537
2,374
1,808
2,292
3,088
3,300
3,137
3,533
2,932
2,870
2,783
1,150
1,773
1,946
1,359
1,427
1,509
1,563
1,595
1,626
1,540
1,541
1,527
1,591
1,580
2,280
4,087
2,327
2,229
4,454
3,999
3,394
2,832
2,300
1,921
1,508
1,299
1,130
1,108
1,072
1,071
1,075
1,082
1,310
1,812
1,753
1,869
1,605
1,926
2,023
2,328
2,672
2,715
2,926
3,324
3,654
3,974
3,859
4,122
4,133
3,978
4,024
3,969
3,707
3,484
3,313
3,303
3,253
5,726
0
4,916
7,810
5,403
0
0
3,857
3,129
0
0
4,751
0
0
0
0
2,458
0
0
1,815
0
0

1,815

2,458

4,751

3,129

3,857

5,403

7,810

4,916

5,726

3,253

3,303

3,313

3,484

3,707

3,969

4,024

3,978

4,133

4,122

3,859

3,974

3,654

3,324

2,926

2,715

2,672

2,328

2,023

1,926

1,605

1,869

1,753

1,812

1,310

1,082

1,075

1,071

1,072

1,108

1,130

1,299

1,508

1,921

2,300

2,832

3,394

3,999

4,454

2,229

2,327

4,087

2,280

1,580

1,591

1,527

1,541

1,540

1,626

1,595

1,563

1,509

1,427

1,359

1,946

1,773

1,150

2,783

2,870

2,932

3,533

3,137

3,300

3,088

2,292

1,808

2,374

2,537

1,663

612

628

593

587

535

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,072
1,071
1,074,246
1,082
1,310
1,129
1,108
1,364
1,605
1,870
2,019
2,329
2,584
2,715
2,903
3,143
3,430
3,671
3,800
3,917
3,910
3,876
4,003
3,969
3,707
3,484
3,313
3,303
3,253
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

3,253

3,303

3,313

3,484

3,707

3,969

4,003

3,876

3,910

3,917

3,800

3,671

3,430

3,143

2,903

2,715

2,584

2,329

2,019

1,870

1,605

1,364

1,108

1,129

1,310

1,082

1,074,246

1,071

1,072

> Total Stockholder Equity

3,500
3,700
5,800
6,035
5,800
6,500
6,800
6,976
7,200
7,600
8,000
8,541
9,000
9,700
10,356
11,127
11,782
12,624
13,350
14,428
14,569
15,126
16,275
17,996
18,655
19,056
20,207
22,090
23,000
24,316
26,109
27,446
40,024
40,999
43,809
46,758
48,942
51,877
54,843
58,249
61,540
63,911
66,809
69,807
73,047
75,373
77,065
78,576
81,658
82,636
82,733
85,018
87,575
90,304
93,985
97,437
101,361
105,556
110,199
115,213
121,326
126,133
130,506
135,939
140,469
144,724
123,940
127,666
131,477
134,747
138,815
141,938
147,071
151,625
155,552
89,888
93,695
97,109
99,989
102,849
105,864
108,026
109,794
108,860
109,781
110,485
107,697
108,437
109,988
110,464
109,591
104,885
105,510
105,833
105,992
107,579
109,075
110,144
113,460
115,222
116,332
117,090
116,415
116,386
112,322
109,038
95,580
79,809
81,181
70,713
59,053

59,053

70,713

81,181

79,809

95,580

109,038

112,322

116,386

116,415

117,090

116,332

115,222

113,460

110,144

109,075

107,579

105,992

105,833

105,510

104,885

109,591

110,464

109,988

108,437

107,697

110,485

109,781

108,860

109,794

108,026

105,864

102,849

99,989

97,109

93,695

89,888

155,552

151,625

147,071

141,938

138,815

134,747

131,477

127,666

123,940

144,724

140,469

135,939

130,506

126,133

121,326

115,213

110,199

105,556

101,361

97,437

93,985

90,304

87,575

85,018

82,733

82,636

81,658

78,576

77,065

75,373

73,047

69,807

66,809

63,911

61,540

58,249

54,843

51,877

48,942

46,758

43,809

40,999

40,024

27,446

26,109

24,316

23,000

22,090

20,207

19,056

18,655

17,996

16,275

15,126

14,569

14,428

13,350

12,624

11,782

11,127

10,356

9,700

9,000

8,541

8,000

7,600

7,200

6,976

6,800

6,500

5,800

6,035

5,800

3,700

3,500

Common Stock

1,800
1,800
0
3,713
0
0
0
3,740
0
0
0
3,703
0
0
3,710
3,712
3,663
3,666
3,585
3,601
3,833
4,366
4,374
4,403
4,433
4,437
4,443
4,453
4,460
4,570
4,696
4,766
14,644
14,708
15,041
15,128
15,284
15,288
15,347
15,526
15,665
15,764
15,942
16,088
16,370
16,505
16,638
17,205
17,654
17,822
18,102
18,074
18,187
18,303
25,446
25,545
25,800
25,958
26,099
26,338
27,148
27,631
27,839
28,426
28,790
29,325
29,709
30,032
30,304
30,648
30,889
31,152
31,376
31,600
31,758
32,655
32,842
33,000
33,153
33,287
33,399
33,591
33,753
33,889
33,997
34,357
34,467
34,564
34,695
34,591
34,621
34,660
34,694
34,749
34,813
34,867
34,916
34,964
35,014
35,064
35,110
35,151
35,244
35,292
35,143
35,172
35,197
35,223
35,249
35,266
35,267

35,267

35,266

35,249

35,223

35,197

35,172

35,143

35,292

35,244

35,151

35,110

35,064

35,014

34,964

34,916

34,867

34,813

34,749

34,694

34,660

34,621

34,591

34,695

34,564

34,467

34,357

33,997

33,889

33,753

33,591

33,399

33,287

33,153

33,000

32,842

32,655

31,758

31,600

31,376

31,152

30,889

30,648

30,304

30,032

29,709

29,325

28,790

28,426

27,839

27,631

27,148

26,338

26,099

25,958

25,800

25,545

25,446

18,303

18,187

18,074

18,102

17,822

17,654

17,205

16,638

16,505

16,370

16,088

15,942

15,764

15,665

15,526

15,347

15,288

15,284

15,128

15,041

14,708

14,644

4,766

4,696

4,570

4,460

4,453

4,443

4,437

4,433

4,403

4,374

4,366

3,833

3,601

3,585

3,666

3,663

3,712

3,710

3,703

3,740

3,713

1,800

Retained Earnings

1,700
2,000
2,100
2,322
2,100
2,800
3,000
3,236
3,500
3,900
4,200
4,838
5,300
6,000
6,647
7,416
8,119
8,957
9,765
10,827
11,708
12,638
13,587
14,759
15,772
16,828
17,837
19,040
20,206
20,948
22,254
23,745
25,377
26,593
28,807
31,171
33,565
36,074
38,792
41,731
44,760
47,528
50,298
53,310
56,094
58,691
60,927
62,982
64,540
65,332
65,567
67,700
69,964
72,396
68,811
72,071
75,646
79,629
84,104
88,876
94,179
98,502
102,667
107,513
111,678
115,399
94,231
96,934
101,174
104,099
107,926
110,786
115,695
120,025
123,794
127,642
131,312
134,568
137,295
140,021
142,924
144,894
146,500
145,430
146,243
146,587
143,689
144,332
145,752
146,332
145,429
140,684
141,275
141,543
141,854
144,150
145,580
146,847
150,632
152,501
154,230
155,833
155,131
155,499
153,722
150,550
137,177
121,380
122,726
112,241
100,580

100,580

112,241

122,726

121,380

137,177

150,550

153,722

155,499

155,131

155,833

154,230

152,501

150,632

146,847

145,580

144,150

141,854

141,543

141,275

140,684

145,429

146,332

145,752

144,332

143,689

146,587

146,243

145,430

146,500

144,894

142,924

140,021

137,295

134,568

131,312

127,642

123,794

120,025

115,695

110,786

107,926

104,099

101,174

96,934

94,231

115,399

111,678

107,513

102,667

98,502

94,179

88,876

84,104

79,629

75,646

72,071

68,811

72,396

69,964

67,700

65,567

65,332

64,540

62,982

60,927

58,691

56,094

53,310

50,298

47,528

44,760

41,731

38,792

36,074

33,565

31,171

28,807

26,593

25,377

23,745

22,254

20,948

20,206

19,040

17,837

16,828

15,772

14,759

13,587

12,638

11,708

10,827

9,765

8,957

8,119

7,416

6,647

6,000

5,300

4,838

4,200

3,900

3,500

3,236

3,000

2,800

2,100

2,322

2,100

2,000

1,700

Capital Surplus

Treasury Stock

-76,794

-73,008

-72,343

-72,186

-71,667

-71,466

-71,438

-70,675

-70,459

-70,409

Other Stockholders Equity

0
-100
3,700
0
3,700
3,700
3,800
0
3,700
3,700
3,800
0
3,700
3,700
0
0
0
0
0
0
-971
-1,878
-1,685
-1,165
-1,550
-2,209
-2,074
-1,402
-1,667
-1,203
-841
-1,065
2
-302
-39
459
93
-485
-297
-7
115
-381
-431
408
-418
178
499
389
464
-17,822
64
18,074
18,612
17,909
25,174
25,545
25,714
25,928
26,095
28,596
0
27,631
27,839
0
0
0
0
701
-1
0
0
2,243
0
0
0
-68,172
-70,459
-70,459
-70,460
-67,997
-70,459
-70,459
-70,459
-70,459
-70,459
-70,459
-70,459
-67,407
-70,459
-70,459
-70,459
-67,243
-70,459
-70,459
-70,675
-67,956
-71,421
-71,667
-72,186
-72,343
-73,008
-73,894
-73,960
-74,405
-76,543
-76,684
-76,794
-76,794
-76,794
-76,794
-76,794

-76,794

-76,684

-76,543

-74,405

-73,960

-73,894

-73,008

-72,343

-72,186

-71,667

-71,421

-67,956

-70,675

-70,459

-67,243

-70,459

-67,407

-70,459

-67,997

-70,460

-70,459

-68,172

2,243

-1

701

27,839

27,631

28,596

26,095

25,928

25,714

25,545

25,174

17,909

18,612

18,074

-17,822

464

389

499

178

-418

408

-431

-381

115

-7

-297

-485

459

-39

-302

-1,065

-841

-1,203

-1,667

-1,402

-2,074

-2,209

-1,550

-1,165

-1,685

-1,878

-971

3,700

3,800

3,700

3,800

3,700

-100

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Accounts Payable	1,427	4,717	4,451	4,332	3,604	5,000	5,932	5,839	7,841	8,925	7,406	6,612	9,088	7,082	6,529	7,237	5,930	5,887	4,312	3,765	3,071	3,401	3,018	2,696	1,735	1,742	1,274	851
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	-3,482	-3,216	-3,052	0	-2,462	-2,236	-2,243	0	0	-2,258	-178	-756	-1,611	408	993	459	-1,065	-1,402	-1,165	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	176	4,410	3,367	2,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	35,223	35,292	35,064	34,867	34,660	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	454	4,775	22,022	24,684	35,595	2,626	2,855	1,849	3,388	2,635	2,798	2,803	2,018	1,534	1,733	2,297	1,499	1,729	853	958	481	51	233	259	509	304	108	491
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	454	4,775	22,022	24,684	35,595	2,626	2,855	1,849	3,388	2,635	2,798	2,803	2,018	1,534	1,733	2,297	1,499	1,729	853	958	481	51	233	259	509	304	108	491
Common Stock	35,223	35,292	35,064	34,867	34,660	34,564	33,889	33,287	32,655	31,152	30,032	28,426	26,338	25,545	18,074	17,205	16,088	15,526	15,128	4,766	4,453	4,403	3,601	3,712	3,703	3,740	3,713	1,724
Common Stock Shares Outstanding	7,246	7,572	7,626	7,703	7,930	7,843	7,839	7,786	12,192	12,325	12,218	12,033	11,894	11,689	11,440	11,329	11,318	11,500	11,110	8,959	8,721	8,686	8,477	8,766	8,655	8,634	7,322	6,635
Common Stock Total Equity	35,223	0	35,064	34,867	34,660	34,564	33,889	33,287	32,655	31,152	30,032	28,426	0	0	0	17,205	16,088	15,526	15,128	4,766	4,453	4,403	3,601	3,712	3,703	3,740	3,713	0
Current Deferred Revenue	27,509	0	0	0	0	3,303	3,969	3,917	3,143	2,329	1,364	1,082	1,108	1,137	1,244	1,477	1,527	1,595	1,360	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	3,303	3,969	3,917	3,143	2,329	1,364	1,082	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	77	172	119	137	124	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	105,441	174,364	203,948	229,363	0	2,117	2,453	2,148	1,747	1,696	1,204	1,373	1,055	1,070	1,058	1,130	888	790	531	493	320	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	110,348	183,570	212,438	238,084	252,420	284,162	333,612	325,309	302,529	283,430	264,536	257,236	243,643	214,136	197,782	189,838	173,019	149,495	120,815	103,223	90,037	77,509	67,242	54,135	42,257	34,173	27,021	19,802
Long Term Debt	28,936	3,244	3,244	124,255	142,619	165,750	213,000	205	181	0	505	112,000	0	107,275	102,030	99,938	94,012	82,416	65,331	0	60,160	0	48,823	39,684	0	0	0	0
Long Term Debt Total	28,936	0	89,398	124,255	142,619	165,750	213,000	205	181	0	505	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	17	0	0	1,880	1,204	1,373	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	28,658	57,692	70,743	101,454	107,024	163,124	210,145	209,151	195,612	125,265	122,702	109,197	115,982	105,741	100,298	197,577	92,513	80,687	65,477	67,234	60,488	53,764	48,858	39,473	31,062	24,718	19,329	14,866
Net Invested Capital	28,936	58,057	89,398	231,834	247,504	274,187	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	2,878	3,304	2,938	8,062	4,543	1,505	719	593	113	1,094	103	498	230,164	202,440	186,694	179,048	18	12	13	12	16	14	14	21	23	23	32	25
Net Tangible Assets	79,809	116,386	115,103	107,579	104,885	108,437	108,860	102,849	89,888	141,938	126,965	135,939	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-28,482	-46,734	-61,194	-91,509	33,060	-4,046	-8,897	-9,611	-10,252	-10,965	-8,602	-6,497	105,540	91,048	77,438	-9,098	-7,683	-7,059	-6,934	-6,630	-6,403	-5,634	-3,852	-3,020	-1,568	-1,873	-1,460	-2,562
Non Current Assets Total	176	6,060	3,392	1,864	14,783	11,660	13,535	11,623	10,236	11,451	11,212	12,084	10,781	8,310	7,580	187,536	171,502	147,754	119,949	3,920	2,724	859	1,405	1,447	1,492	1,174	594	669
Non Current Liabilities Other	176	0	3,367	2,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	176	7,654	6,611	1,883	145,000	165,750	213,000	211,000	199,000	127,900	125,500	112,000	1,108	1,921	111,314	99,900	94,000	82,400	66,300	68,200	61,000	53,800	48,800	39,700	31,600	25,000	19,400	13,319
Non Currrent Assets Other	-43	398	-2,283	-3,909	7,003	4,528	12,334	3,718	3,004	10,398	2,043	2,622	1,055	0	0	181,516	166,490	143,160	115,487	-3,920	-2,724	-859	-1,405	-1,447	-1,492	-1,174	-594	-669
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	109,718	169,431	184,086	203,474	202,042	269,876	317,222	311,837	288,904	269,344	250,526	242,349	10,691	9,501	8,581	5,832	5,235	5,879	4,947	98,334	86,815	76,584	65,590	52,408	40,232	32,671	26,287	18,617
Other Current Assets	-108,319	-174,364	-203,948	-229,363	-4,543	-1,505	-719	-593	-113	-1,094	-103	-498	681	1,853	1,776	-179,043	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-28,936	-4,717	-86,154	-124,255	-143,688	-167,381	-211,149	-209,296	-196,344	-125,553	-122,869	-110,395	-874	-716	2,961	-97,251	3,270	2,913	1,128	3,153	3,021	1,757	114	-714	-1,242	-1,134	-1,430	-3,078
Other Liab	0	0	0	0	4,916	3,303	3,969	3,917	3,143	2,329	1,869	1,082	1,342	2,342	4,205	4,087	1,527	1,595	1,359	2,783	3,137	1,808	612	535	0	0	0	0
Other Stockholder Equity	-76,794	-74,405	-72,343	-71,438	-67,243	-67,407	-70,459	-67,997	-68,172	2,243	701	0	2,258	27,432	18,318	389	408	-7	459	-1,065	-1,402	-1,165	0	0	0	0	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	176	4,277	4,251	3,080	656	843	1,184	1,290	872	870	742	759	771	661	774	844	1,015	888	763	566	468	371	334	332	217	182	182	0
Property Plant And Equipment Net	176	4,277	3,392	1,864	656	843	1,184	1,290	872	870	742	759	771	661	774	844	1,015	888	763	566	468	371	334	332	217	182	182	180
Property Plant Equipment	222	4,277	4,132	482	656	843	1,184	1,290	872	870	742	759	771	661	774	844	1,015	888	763	566	468	371	334	332	0	0	0	0
Retained Earnings	121,380	155,499	152,501	144,150	140,684	144,332	145,430	140,021	127,642	110,786	96,934	107,513	88,876	72,071	67,700	62,982	53,310	41,731	31,171	23,745	19,040	14,759	10,827	7,416	4,838	3,236	2,322	1,530
Retained Earnings Total Equity	121,380	0	152,501	144,150	140,684	144,332	145,430	140,021	127,642	110,786	96,934	107,513	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	28,936	54,813	86,154	124,255	142,619	165,750	213,000	211,205	199,181	127,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	29,112	62,467	92,765	126,138	142,619	165,750	213,000	211,000	199,000	127,900	125,500	112,000	118,000	107,275	102,030	199,874	94,012	82,416	66,331	68,192	60,969	53,816	49,091	39,733	31,571	25,022	19,437	15,357
Short Term Debt	28,936	54,813	86,154	124,255	142,619	165,750	213,000	211,000	199,000	127,900	125,500	112,000	118,000	107,275	102,030	99,937	-1,527	-1,595	1,000	682	809	542	968	1,318	1,607	1,592	1,756	2,227
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	110,348	183,570	212,438	238,084	252,420	284,162	333,612	325,309	302,529	283,430	264,536	257,236	243,643	214,136	197,782	189,838	173,019	149,495	120,815	103,223	90,037	77,509	67,242	54,135	42,257	34,173	27,021	19,802
Total Current Assets	454	8,079	24,960	32,746	35,595	2,626	2,855	1,849	3,388	2,635	2,798	2,803	232,862	205,826	190,203	2,302	1,517	1,741	866	970	497	66	248	280	532	327	140	516
Total Current Liabilities	28,936	54,813	86,154	124,255	2,535	6,672	11,752	11,460	13,641	13,600	11,400	9,300	127,322	114,778	112,764	11,400	9,200	8,800	7,800	7,600	6,900	5,700	4,100	3,300	2,100	2,200	1,600	3,078
Total Liab	30,539	67,184	97,216	130,505	147,535	175,725	224,752	222,460	212,641	141,492	136,870	121,297	128,430	116,699	112,764	111,261	103,212	91,246	74,058	75,778	67,946	59,513	52,814	43,008	33,716	27,197	20,985	16,548
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	79,809	116,386	115,222	107,579	104,885	108,437	108,860	102,849	89,888	141,938	127,666	135,939	115,213	97,437	85,018	78,576	69,807	58,249	46,758	27,446	22,090	17,996	14,428	11,127	8,541	6,976	6,035	3,254
Treasury Stock	-76,794	0	-72,343	-71,438	-70,459	-70,459	-70,459	-70,459	-70,409	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	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	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30
Accounts Payable	0	1,403	1,815	1,427	2,264	2,458	3,967	4,717	3,451	3,719	4,751	4,451	3,513	3,129	3,902	4,332	5,322	5,403	6,335	3,604	3,610	4,305	5,505	5,000	4,994	5,377	4,979	5,932	7,391	5,448	6,551	5,839	5,639	7,432	8,099	7,841	6,353	7,191	7,581	8,925	6,677	6,809	6,665	7,406	5,519	7,021	6,264	6,612	7,295	8,162	8,392	9,088	7,264	7,511	8,773	7,082	5,866	6,345	6,871	6,529	6,076	5,786	7,432	7,237	4,796	6,320	4,523	5,930	5,985	6,868	4,254	5,887	6,511	6,485	6,262	4,312	4,145	4,185	4,344	3,765	3,453	3,743	4,041	3,071	2,615	3,089	3,130	3,401	2,739	3,005	2,805	3,018	2,275	2,530	2,891	2,696	1,878	0	0	1,735	0	0	0	1,742	0	0	0	1,274	0	0	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-3,482	-3,482	0	0	-3,216	-3,216	0	0	-34,695	-3,052	0	0	-33,997	0	0	0	-2,462	-2,462	0	-33,000	-2,236	-2,236	0	0	-2,243	-2,243	0	0	0	0	0	0	0	0	0	0	-2,258	-2,258	-4	-30	-86	-178	-272	-395	-575	-756	-936	-518	-536	-1,611	-501	178	582	408	569	619	1,115	993	703	515	93	459	-39	-302	2	-1,065	-841	-1,203	-1,667	-1,402	-2,074	-2,209	-1,550	-1,165	-1,685	-1,878	-971	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	176	2,736	3,441	4,228	4,410	4,681	4,817	3,410	3,367	2,929	2,590	2,410	2,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	35,267	35,266	35,249	35,223	35,197	35,172	35,143	35,292	35,244	35,151	35,110	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	7,817	651	678	454	914	1,503	3,551	4,775	6,530	15,611	18,401	22,022	20,535	33,169	25,932	24,684	24,106	13,928	34,517	35,595	4,252	2,787	4,981	2,626	3,082	3,672	7,717	2,855	3,664	3,799	4,520	1,849	3,006	1,673	1,231	3,388	2,636	4,982	2,291	2,635	4,089	4,474	3,659	2,798	4,667	3,723	5,049	2,803	4,720	2,720	2,989	2,018	3,352	1,009	2,321	1,534	4,769	1,868	1,931	1,733	1,895	2,551	2,139	2,297	4,705	2,451	3,275	1,499	2,146	1,733	3,626	1,729	1,671	1,242	1,442	853	1,494	1,685	1,781	958	2,161	1,984	733	481	739	598	704	51	303	40	217	233	344	98	105	259	244	100	300	509	400	200	0	304	100	100	200	108	200	100	300
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	7,817	651	678	454	914	1,503	10,000	4,775	6,530	15,611	18,401	22,022	20,535	19,568	25,932	16,802	15,801	4,678	7,539	35,595	4,252	2,787	4,981	2,626	3,082	3,672	7,717	2,855	3,664	3,799	4,520	1,849	3,006	1,673	1,231	3,388	2,636	4,982	2,291	2,635	4,089	4,474	3,659	2,798	4,667	3,723	5,049	2,803	4,720	2,720	2,989	2,018	3,352	1,009	2,321	1,534	4,769	1,868	1,931	1,733	1,895	2,551	2,139	2,297	4,705	2,451	3,275	1,499	2,146	1,733	3,626	1,729	1,671	1,242	1,442	853	1,494	1,685	1,781	958	2,161	1,984	733	481	739	598	704	51	303	40	217	233	344	98	105	259	244	100	300	509	400	200	0	304	100	100	200	108	200	100	300
Common Stock	35,267	35,266	35,249	35,223	35,197	35,172	35,143	35,292	35,244	35,151	35,110	35,064	35,014	34,964	34,916	34,867	34,813	34,749	34,694	34,660	34,621	34,591	34,695	34,564	34,467	34,357	33,997	33,889	33,753	33,591	33,399	33,287	33,153	33,000	32,842	32,655	31,758	31,600	31,376	31,152	30,889	30,648	30,304	30,032	29,709	29,325	28,790	28,426	27,839	27,631	27,148	26,338	26,099	25,958	25,800	25,545	25,446	18,303	18,187	18,074	18,102	17,822	17,654	17,205	16,638	16,505	16,370	16,088	15,942	15,764	15,665	15,526	15,347	15,288	15,284	15,128	15,041	14,708	14,644	4,766	4,696	4,570	4,460	4,453	4,443	4,437	4,433	4,403	4,374	4,366	3,833	3,601	3,585	3,666	3,663	3,712	3,710	0	0	3,703	0	0	0	3,740	0	0	0	3,713	0	1,800	1,800
Common Stock Shares Outstanding	7,286	7,281	7,279	7,246	7,219	7,273	7,464	7,360	7,621	7,620	7,650	7,788	7,674	7,731	7,758	7,914	7,775	8,933	8,443	7,908	7,542	8,314	7,889	8,050	7,832	7,786	8,130	7,643	7,650	7,733	7,732	7,786	7,771	7,752	7,744	11,639	12,375	12,365	12,363	12,348	12,334	12,315	12,287	12,267	12,193	12,182	12,179	11,940	12,050	12,027	11,965	11,651	11,900	11,850	11,807	11,555	11,725	11,635	11,556	11,400	11,416	12,616	11,433	11,423	11,182	11,359	11,342	10,937	11,284	11,279	11,491	10,750	11,501	11,500	11,449	10,972	11,595	11,401	9,976	9,288	8,979	8,959	8,745	8,365	8,764	8,713	8,799	8,359	8,695	8,530	8,307	7,651	8,328	8,384	8,289	7,736	7,759	7,762	7,762	7,762	7,801	7,778	7,778	7,778	7,322	7,322	5,492	7,322	5,492	6,990	6,790
Common Stock Total Equity	0	0	0	35,223	0	0	0	0	0	0	35,110	35,064	35,014	34,964	34,916	34,867	34,813	34,749	34,694	34,660	34,621	34,591	34,564	34,564	34,467	34,357	33,889	33,889	33,753	33,591	33,399	33,287	33,153	33,000	32,842	32,655	31,758	31,600	31,376	31,152	30,889	30,648	30,304	30,032	29,709	29,325	28,790	28,426	27,839,270	27,631	27,148	0	0	0	0	0	0	0	0	0	18,102	0	17,654	17,205	16,638	16,505	16,370	16,088	15,942	15,764	15,665	15,526	15,347	15,288	15,284	15,128	15,041	14,708	14,644	4,766	4,696	4,570	4,460	4,453	4,443	4,437	4,433	4,403	4,374	4,366	3,833	3,601	3,585	3,666	3,663	3,712	3,710	0	0	3,703	0	0	0	3,740	0	0	0	3,713	0	1,800	1,800
Current Deferred Revenue	0	0	0	27,509	0	3,022	1,726	0	0	0	0	0	0	4,004	0	0	0	0	0	0	0	0	3,253	0	3,313	3,484	3,707	0	4,003	3,876	3,910	0	3,800	3,671	3,430	0	2,903	2,715	2,584	0	2,019	1,870	1,605	0	1,108	1,129	1,101	0	1,074	1,071	1,072	0	1,106	1,136	1,118	0	1,126	1,193	1,229	1,244	1,273	1,390	1,458	1,477	1,468	1,580	1,591	0	1,541	1,540	1,626	0	1,563	1,509	1,426	0	1,332	1,285	1,151	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	3,253	3,303	3,313	3,484	3,707	3,969	4,003	3,876	3,910	3,917	3,800	3,671	3,430	3,143	2,903	2,715	2,584	2,329	2,019	1,870	1,605	1,364	1,108	1,129	1,310	1,082	1,074,246	1,071	1,072	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	295	350	328	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	77	0	0	0	0	0	0	0	0	0	0	0	0	65	79	93	124	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Inventory	0	71,597	92,911	105,441	138,675	164,160	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,461	2,187	2,117	2,975	2,612	2,402	2,453	2,976	2,365	2,483	2,148	1,932	2,309	2,112	1,747	2,042	2,236	2,040	1,696	1,758	2,012	1,782	1,204	1,765	1,642	1,483	1,373	1,738	1,271	-235,554	1,055	1,262	1,346	1,186	1,070	1,428	1,446	1,091	1,058	1,420	1,520	1,561	1,130	1,746	1,250	1,105	888	1,170	1,149	960	790	900	837	692	531	705	819	630	493	676	0	422	320	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Liabilities And Stockholders Equity	60,055	75,849	98,105	110,348	145,204	174,286	190,348	183,570	182,586	198,469	200,608	212,438	214,693	225,746	235,118	238,084	228,082	227,946	259,423	252,420	234,546	250,390	272,910	284,162	296,190	308,911	324,738	333,612	337,841	328,781	328,917	325,309	324,486	321,326	312,311	302,529	296,500	295,775	291,285	283,430	276,086	276,602	270,092	264,536	387,405	409,846	402,104	257,236	254,876	252,366	249,900	243,643	236,727	231,487	223,894	214,136	212,538	209,168	203,561	197,782	195,144	197,367	195,512	189,838	184,847	182,171	177,809	173,019	165,947	160,393	156,322	149,495	141,982	134,625	125,820	120,815	114,029	112,578	108,600	103,223	99,677	98,502	94,853	90,037	85,101	83,713	80,729	77,509	72,853	71,259	69,356	67,242	64,404	62,821	59,592	54,135	49,514	45,800	44,200	42,257	38,900	37,400	36,700	34,173	31,200	29,700	22,400	27,021	22,400	21,700	21,000
Long Term Debt	0	0	0	28,936	0	0	0	3,244	3,244	3,244	3,244	3,244	94,791	109,883	119,776	124,255	116,768	116,710	146,103	142,619	120,000	0	0	0	0	0	0	0	21	102	223	205	59	303	224	181	23	0	89	0	5	56	126,021	505	646	683	109,001	112,000	116,000	117,000	0	0	118,017	117,000	110,023	107,275	110,370	109,676	103,961	102,030	101,529	106,125	103,775	99,938	99,903	97,552	94,000	94,012	90,829	87,073	84,015	82,416	78,397	74,154	67,042	65,331	62,208	63,540	60,060	0	66,010	65,010	61,960	60,160	57,333	57,533	55,133	0	51,465	50,591	49,742	48,823	48,091	47,038	44,332	39,684	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Debt Total	0	0	0	28,936	0	0	0	0	0	0	76,115	89,398	94,791	109,883	119,776	124,255	116,768	116,710	146,103	142,619	120,000	0	0	0	0	0	0	0	21	102	223	205	59	303	224	181	23	0	89	0	5	56	0	505	646	683	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	6,449	0	0	0	0	0	4,286	3,013	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	6	0	0	0	101	223	60	1,880	1,940	2,148	2,110	1,204	1,765	1,642	1,483	1,373	1,738,166	1,473	1,409	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	-7,678	3,082	14,431	28,658	46,446	61,287	70,508	57,692	56,190	62,049	61,124	70,743	77,185	79,304	96,254	101,454	92,662	102,782	111,586	107,024	115,748	131,413	146,019	163,124	174,918	184,328	196,283	210,145	210,676	205,201	204,480	209,151	209,994	209,488	201,769	195,612	127,364	127,018	129,109	125,265	122,911	126,526	122,363	122,702	125,833	106,277	103,951	109,197	111,280	114,280	113,011	115,982	114,665	115,991	107,701	105,741	105,601	107,808	102,030	100,298	99,635	103,574	101,637	197,577	95,198	95,101	90,725	92,513	89,466	85,340	81,375	80,687	77,326	73,512	66,200	65,477	61,714	62,856	59,280	67,234	64,831	129,028	62,034	60,488	57,249	57,585	54,978	53,764	51,162	50,552	49,524	48,858	47,747	46,939	44,228	39,473	36,574	33,300	32,100	31,062	28,300	27,700	27,200	24,718	22,800	21,500	15,300	19,329	15,300	16,800	15,800
Net Invested Capital	0	74,446	15,109	28,936	44,624	59,349	69,831	58,057	58,039	72,843	76,115	89,398	208,251	220,027	228,806	231,834	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	915	2,147	2,422	2,878	3,848	3,315	3,776	3,304	3,232	2,645	2,877	2,938	2,936	4,265	7,560	8,062	4,757	4,715	4,827	4,543	4,536	1,702	1,256	1,505	620	628	719	719	321,757	697	593	593	419	662	113	113	646	921	1,094	1,094	277	847	103	103	1,397	1,283	498	498	237,971	236,933	234,688	230,164	222,309	219,515	211,111	202,440	197,440	197,166	192,076	186,694	183,502	186,140	185,455	179,048	172,578	9	16	18	29	9	3	12	8	9	9	13	11	10	14	12	32	14	13	16	20	19	12	14	13	17	15	14	18	23	28	21	25	43,600	41,900	23	36,500	35,400	35,000	23	29,800	28,500	21,200	32	21,200	20,500	19,600
Net Tangible Assets	0	0	81,181	79,809	95,580	109,038	112,322	116,386	116,415	117,089	116,332	115,103	113,460	110,144	109,030	107,579	105,632	105,404	105,089	104,885	109,591	110,464	109,988	108,437	107,697	110,485	109,781	108,860	109,794	108,026	105,864	102,849	99,989	97,109	93,695	89,888	155,552	151,625	147,071	141,938	138,815	134,747	131,478	126,965	123,940	144,724	140,469	135,939	130,506,488	126,133	121,326	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	7,800	-4,485	-16,246	-28,482	-405	-54,531	-58,543	-46,734	118,214	-53,988	-54,470	0	-169,206	12,435	16,376	12,393	10,479	-725	-271	33,060	-703	-2,913	-6,919	-3,974	-7,418	-6,728	-3,283	-8,945	-10,036	-8,001	-9,580	-9,651	-8,494	-11,327	-14,369	-10,212	-8,264	-7,218	-10,509	-10,965	-9,636	-6,426	-8,941	-8,602	-4,333	-6,677	-7,151	-6,497	121,700	117,233	-125,585	105,540	100,766	96,406	94,154	91,048	88,125	83,689	83,141	77,438	-9,005	-6,044	-7,957	-9,098	-3,187	-6,739	-7,509	-7,683	-6,125	-7,658	-7,170	-7,059	-6,421	-6,649	-7,849	-6,934	-5,495	-5,405	-5,704	-6,630	-4,406	-6,202	-8,354	-6,403	-6,142	-5,883	-5,684	-5,634	-4,784	-5,443	-4,868	-3,852	-2,638	-3,079	-3,368	-3,020	-2,132	40,900	39,500	-1,568	34,800	33,700	32,700	-1,873	28,400	27,100	20,300	-1,460	0	19,500	18,500
Non Current Assets Total	168	187	206	176	1,970	4,750	7,487	6,060	3,297	7,765	6,538	0	681	674	19,858	22,235	21,954	23,816	42,458	14,783	11,084	11,362	11,339	11,660	11,750	14,583	13,482	13,535	12,420	12,255	11,742	11,623	11,167	11,544	10,584	10,236	11,019	11,611	10,820	11,451	10,742	11,634	11,175	11,212	12,456	12,328	11,988	12,084	9,881	9,971	246,911	10,781	10,563	10,449	8,715	8,310	8,160	9,446	7,829	7,580	193,249	194,810	193,369	187,536	180,135	179,710	174,518	171,502	163,772	158,651	152,693	147,754	140,303	133,374	124,369	119,949	112,524	110,883	106,805	3,920	3,611	3,517	3,646	2,724	1,728	737	843	859	1,105	1,320	1,403	1,405	1,546	1,558	1,531	1,447	1,719	200	200	1,492	200	200	200	1,174	200	200	200	594	0	700	700
Non Current Liabilities Other	0	0	0	176	0	0	0	0	0	0	3,410	3,367	2,929	2,590	2,410	2,652	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	863	4,982	16,756	176	47,360	59,349	4,228	7,654	7,925	8,061	6,654	0	94,791	109,883	116,532	126,830	116,768	116,710	146,103	145,000	120,000	134,200	151,000	165,800	178,000	188,000	204,000	213,000	214,300	209,000	209,000	211,000	213,000	211,200	203,000	199,000	130,000	132,000	131,400	127,900	127,000	131,000	126,000	125,500	130,500	110,000	109,000	112,000	1,074	1,071	1,072	1,108	1,131	1,299	1,509	1,921	2,300	2,831	3,394	0	101,500	106,100	103,800	99,900	99,900	97,600	94,000	94,000	90,800	87,100	84,000	82,400	79,000	74,800	67,600	66,300	63,200	64,500	61,100	68,200	67,000	66,000	62,800	61,000	58,000	58,200	55,700	53,800	51,500	50,600	49,700	48,800	48,100	47,000	44,300	39,700	36,800	33,400	32,400	31,600	28,700	27,900	27,200	25,000	23,000	21,700	15,500	19,400	15,500	16,900	16,100
Non Currrent Assets Other	-164	-187	0	-43	346	-1,554	-4,772	1,783	-3,023	1,242	1,189	-3,392	-7,226	-5,601	13,614	20,371	21,072	22,836	41,421	14,127	5,004	5,243	4,618	10,817	4,324	3,951	12,295	12,334	3,608	3,866	3,458	10,333	9,780	3,775	3,106	9,364	10,012	10,457	9,863	10,398	9,795	10,749	10,090	10,470	3,861	3,474	2,236	11,326	565,690	611	236,963	1,055	1,262	1,346	0	0	0	1,446	0	0	185,508	188,332	187,752	181,516	174,914	174,823	169,732	166,490	159,003	153,730	147,884	143,160	135,637	128,705	119,470	115,487	108,097	106,637	103,095	-3,920	-3,611	-3,517	-3,646	-2,724	-1,728	-737	-843	-859	-1,105	-1,320	-1,403	-1,405	-1,546	-1,558	-1,531	-1,447	-1,719	-200	-200	-1,492	-200	-200	-200	-1,174	-200	-200	-200	-594	0	-200	-200
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	52,070	75,011	97,221	109,718	141,375	164,718	171,573	169,431	6,280	175,093	175,669	212,438	193,477	205,504	189,328	199,047	190,327	199,452	209,426	202,042	219,210	236,241	256,590	269,876	281,358	290,656	303,539	317,222	321,757	312,727	312,655	311,837	310,314	308,109	300,496	288,904	282,845	279,182	278,174	269,344	261,254	260,495	255,258	250,526	370,282	393,796	385,066	242,349	9,666	9,753	9,994	9,636	9,127	8,926	8,616	8,431	8,201	8,021	7,746	7,522	7,505	6,286	5,535	5,832	4,939	5,225	5,370	5,235	5,547	5,916	6,256	5,879	5,524	5,567	4,794	4,947	4,184	4,322	3,559	98,334	93,873	92,987	90,461	86,815	82,614	82,358	79,169	76,584	71,432	69,882	67,721	65,590	62,497	61,142	57,929	52,408	47,527	1,900	1,800	40,232	1,800	1,600	1,500	32,671	1,100	900	800	26,287	22,400	400	400
Other Current Assets	-8,732	-73,744	-95,333	-108,319	-141,578	-164,160	-2,488	1,103	163,247	8,432	6,318	-24,960	-2,936	-4,265	-7,560	-8,062	-4,757	-4,715	-4,827	-4,543	-4,536	-1,702	-1,256	-1,505	-620	-628	8	-719	0	-697	0	-593	-419	-662	0	-113	-646	-921	0	-1,094	-277	-847	0	-103	-1,397	-1,283	0	-498	2,304	1,473	867	681	502	514	1,746	1,853	2,169	687	1,725	1,776	-183,502	-186,135	-185,451	-179,043	-172,570	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Liab	-17	-5,136	-16,924	-28,936	-44,624	-3,022	-5,693	0	-819	0	0	-86,154	98,194	-106,639	-106,976	-119,846	-111,446	-111,307	-144,628	-143,688	-118,655	-132,805	-147,858	-164,150	-175,807	-186,461	-201,686	-207,132	-212,034	-206,524	-205,361	-205,339	-210,939	-209,265	-198,929	-193,241	-128,356	-129,706	-128,765	-123,225	-121,970	-128,779	-121,692	-121,506	-128,127	-107,750	-104,166	-109,312	-1,074	-1,071	3,110	234	-990	-1,016	1,111	421	-1,109	-1,182	530	2,961	-97,979	-104,700	-102,565	-97,251	-98,268	-96,251	-89,315	3,270	-9	-86,081	3,935	2,913	-575	-694	1,012	2,488	-61,684	-62,911	-59,056	3,153	3,147	-60,553	5,059	3,021	4,285	3,411	3,270	1,757	2,361	2,495	2,295	114	725	670	609	-714	522	2,800	2,700	-1,242	2,100	1,900	-23,300	-1,134	1,300	1,300	1,100	-1,430	1,100	1,100	1,400
Other Liab	0	0	1,815	0	0	2,458	0	0	0	0	4,751	0	0	3,129	3,857	0	0	5,403	7,810	4,916	0	5,726	3,253	3,303	3,313	3,484	3,707	3,969	4,024	3,978	4,133	4,122	3,859	3,974	3,654	3,324	2,926	2,715	2,672	2,328	2,023	1,926	1,605	1,869	1,753	1,812	1,310	1,082	1,075	1,071	1,072	1,108	1,130	1,299	1,508	1,921	2,300	2,832	3,394	3,999	4,454	2,229	2,327	4,087	2,280	1,580	1,591	1,527	1,541	1,540	1,626	1,595	1,563	1,509	1,427	1,359	1,946	1,773	1,150	2,783	2,870	2,932	3,533	3,137	3,300	3,088	2,292	1,808	2,374	2,537	1,663	612	628	593	587	535	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Stockholder Equity	-76,794	-76,794	-76,794	-76,794	-76,794	-76,684	-76,543	-74,405	-73,960	-73,894	-73,008	-72,343	-72,186	-71,667	-71,421	-67,956	-70,675	-70,459	-70,459	-67,243	-70,459	-70,459	-70,459	-67,407	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-67,997	-70,460	-70,459	-70,459	-68,172	0	0	0	2,243	0	0	-1	701	0	0	0	0	27,839	27,631	0	28,596	26,095	25,928	25,714	25,545	25,174	17,909	18,612	18,074	64	-17,822	464	389	499	178	-418	408	-431	-381	115	-7	-297	-485	93	459	-39	-302	2	-1,065	-841	-1,203	-1,667	-1,402	-2,074	-2,209	-1,550	-1,165	-1,685	-1,878	-971	0	0	0	0	0	0	3,700	3,700	0	3,800	3,700	3,700	0	3,800	3,700	3,700	0	3,700	-100	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	0	187	206	176	1,176	3,282	0	0	0	0	4,619	4,251	3,621	3,262	2,826	3,080	522	551	616	656	642	674	755	843	970	1,082	1,179	1,184	1,580	1,623	1,569	1,290	1,380	1,369	941	872	906	931	897	870	765	749	757	742	758	765	773	759	781	828	820	771	676	692	660	661	700	667	718	774	822	869	822	844	879	925	974	1,015	1,010	1,042	899	888	841	829	793	763	646	597	585	566	561	512	510	468	407	410	383	371	285	338	326	334	355	367	340	332	234	200	200	217	200	200	200	182	200	200	200	182	200	200	200
Property Plant And Equipment Net	268	187	206	176	1,176	3,282	4,084	4,277	4,594	4,801	3,430	3,392	2,940	2,588	2,413	1,864	522	551	616	656	642	674	755	843	970	1,082	1,179	1,184	1,580	1,623	1,569	1,290	1,380	1,369	941	872	906	931	897	870	765	749	757	742	758	765	773	759	781	828	820	771	676	692	660	661	700	667	718	774	822	869	822	844	879	925	974	1,015	1,010	1,042	899	888	841	829	793	763	646	597	585	566	561	512	510	468	407	410	383	371	285	338	326	334	355	367	340	332	234	200	200	217	200	200	200	182	200	200	200	182	200	200	200
Property Plant Equipment	0	0	0	222	1,970	3,282	4,084	4,277	4,594	6,043	3,430	4,132	681	674	413	482	522	551	616	656	642	674	755	843	970	1,082	1,179	1,184	1,580	1,623	1,569	1,290	1,380	1,369	941	872	906	931	897	870	765	749	757	742	758	765	773	759	780,530	828	820	771	676	691	660	661	700	667	718	774	822	869	822	844	879	925	974	1,015	1,010	1,042	899	888	840	829	793	763	646	597	585	566	561	512	510	468	407	410	383	371	285	339	326	334	354	367	340	332	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	100,580	112,241	122,726	121,380	137,177	150,550	153,722	155,499	155,131	155,833	154,230	152,501	150,632	146,847	145,580	144,150	141,854	141,543	141,275	140,684	145,429	146,332	145,752	144,332	143,689	146,587	146,243	145,430	146,500	144,894	142,924	140,021	137,295	134,568	131,312	127,642	123,794	120,025	115,695	110,786	107,926	104,099	101,174	96,934	94,231	115,399	111,678	107,513	102,667	98,502	94,179	88,876	84,104	79,629	75,646	72,071	68,811	72,396	69,964	67,700	65,567	65,332	64,540	62,982	60,927	58,691	56,094	53,310	50,298	47,528	44,760	41,731	38,792	36,074	33,565	31,171	28,807	26,593	25,377	23,745	22,254	20,948	20,206	19,040	17,837	16,828	15,772	14,759	13,587	12,638	11,708	10,827	9,765	8,957	8,119	7,416	6,647	6,000	5,300	4,838	4,200	3,900	3,500	3,236	3,000	2,800	2,100	2,322	2,100	2,000	1,700
Retained Earnings Total Equity	0	0	0	121,380	0	0	0	0	0	0	154,230	152,501	150,632	146,847	145,580	144,150	141,854	141,543	141,275	140,684	145,429	146,332	145,752	144,332	143,689	146,587	146,243	145,430	146,500	144,894	142,924	140,021	137,295	134,568	131,312	127,642	123,794	120,025	115,695	110,786	107,926	104,099	101,174	96,934	94,231	115,399	111,678	107,513	102,667,218	98,502	94,179	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	0	3,733	15,109	28,936	44,624	59,349	69,831	54,813	54,795	69,599	72,871	86,154	91,547	106,639	116,532	124,255	116,768	116,710	146,103	142,619	120,000	134,200	151,000	165,750	178,000	188,000	204,000	213,000	214,340	0	0	211,205	0	0	0	199,181	0	0	0	127,900	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	139	3,733	15,109	29,112	47,360	62,790	74,059	62,467	62,720	77,660	79,525	92,765	97,720	112,473	122,186	126,138	116,768	116,710	146,103	142,619	120,000	134,200	151,000	165,750	178,000	188,000	204,000	213,000	214,340	209,000	209,000	211,000	213,000	211,161	203,000	199,000	130,000	132,000	131,400	127,900	127,000	131,000	126,022	125,500	130,500	110,000	109,000	112,000	116,000	117,000	116,000	118,000	118,017	117,000	110,022	107,275	110,370	109,676	103,961	102,030	101,530	106,125	103,775	199,874	99,903	97,552	94,000	94,012	91,613	87,073	85,001	82,416	78,997	74,754	67,642	66,331	63,208	64,541	61,061	68,192	66,992	131,012	62,768	60,969	57,988	58,183	55,682	53,816	51,465	50,591	49,741	49,091	48,091	47,038	44,333	39,733	36,818	33,400	32,400	31,571	28,700	27,900	27,200	25,022	22,900	21,600	15,500	19,437	15,500	16,900	16,100
Short Term Debt	17	3,733	15,109	28,936	44,624	59,349	69,831	54,813	54,795	69,599	72,871	86,154	91,547	106,639	116,532	124,255	116,768	116,710	146,103	142,619	120,000	134,200	151,000	165,750	178,000	188,000	204,000	213,000	214,340	209,000	209,000	211,000	213,000	211,161	203,000	199,000	130,000	132,000	131,400	127,900	127,000	131,000	126,022	125,500	130,500	110,000	109,000	112,000	116,000	117,000	116,000	118,000	118,017	117,000	110,022	107,275	110,370	109,676	103,961	102,030	101,530	106,125	103,775	99,937	99,903	97,552	94,000	0	784	87,073	985	0	600	600	600	1,000	63,208	64,541	61,061	682	0	65,010	0	809	0	0	0	542	0	0	0	968	0	0	0	1,318	0	0	0	1,607	0	0	25,600	1,592	200	200	200	1,756	0	0	0
Short Term Investments	0	0	0	0	0	0	6,449	0	0	0	0	0	0	-13,601	0	-7,882	-8,305	-9,250	-26,978	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	60,055	75,849	98,105	110,348	145,204	174,286	190,348	183,570	182,586	198,469	200,608	212,438	214,693	225,746	235,118	238,084	228,082	227,946	259,423	252,420	234,546	250,390	272,910	284,162	296,190	308,911	324,738	333,612	337,841	328,781	328,917	325,309	324,486	321,326	312,311	302,529	296,500	295,775	291,285	283,430	276,086	276,602	270,092	264,536	387,405	409,846	402,104	257,236	254,876	252,366	249,900	243,643	236,727	231,487	223,894	214,136	212,538	209,168	203,561	197,782	195,144	197,367	195,512	189,838	184,847	182,171	177,809	173,019	165,947	160,393	156,322	149,495	141,982	134,625	125,820	120,815	114,029	112,578	108,600	103,223	99,677	98,502	94,853	90,037	85,101	83,713	80,729	77,509	72,853	71,259	69,356	67,242	64,404	62,821	59,592	54,135	49,514	45,800	44,200	42,257	38,900	37,400	36,700	34,173	31,200	29,700	22,400	27,021	22,400	21,700	21,000
Total Current Assets	7,817	651	678	454	1,859	4,818	11,288	8,079	173,009	15,611	18,401	0	20,535	19,568	25,932	16,802	15,801	4,678	7,539	35,595	4,252	2,787	4,981	2,626	3,082	3,672	7,717	2,855	3,664	3,799	4,520	1,849	3,006	1,673	1,231	3,388	2,636	4,982	2,291	2,635	4,089	4,474	3,659	2,798	4,667	3,723	5,049	2,803	244,995	242,396	2,989	232,862	226,163	221,038	215,178	205,826	204,378	199,722	195,732	190,203	1,895	2,556	2,143	2,302	4,713	2,461	3,291	1,517	2,175	1,742	3,630	1,741	1,679	1,251	1,451	866	1,505	1,695	1,796	970	2,194	1,998	746	497	758	617	716	66	316	57	232	248	362	121	132	280	268	43,700	42,200	532	36,900	35,600	35,000	327	29,900	28,600	21,400	140	0	20,600	19,900
Total Current Liabilities	17	5,136	16,924	28,936	2,264	59,349	69,831	54,813	54,795	69,599	72,871	0	189,741	7,133	9,556	4,409	5,322	5,403	7,810	2,535	4,955	5,700	11,900	6,600	10,500	10,400	11,000	11,800	13,700	11,800	14,100	11,500	11,500	13,000	15,600	13,600	10,900	12,200	12,800	13,600	13,725	10,900	12,600	11,400	9,000	10,400	12,200	9,300	123,295	125,162	128,574	127,322	125,397	124,632	121,024	114,778	116,253	116,033	112,591	112,764	10,900	8,600	10,100	11,400	7,900	9,200	10,800	9,200	8,300	9,400	10,800	8,800	8,100	7,900	9,300	7,800	7,000	7,100	7,500	7,600	6,600	8,200	9,100	6,900	6,900	6,500	6,400	5,700	5,100	5,500	5,100	4,100	3,000	3,200	3,500	3,300	2,400	2,800	2,700	2,100	2,100	1,900	2,300	2,200	1,500	1,500	1,100	1,600	1,100	1,100	1,400
Total Liab	1,002	5,136	16,924	30,539	49,624	65,248	78,026	67,184	66,171	81,379	84,276	97,216	101,233	115,602	126,043	130,505	122,090	122,113	153,913	147,535	124,955	139,926	162,922	175,725	188,493	198,426	214,957	224,752	228,047	220,755	223,053	222,460	224,497	224,217	218,616	212,641	140,948	144,150	144,214	141,492	137,271	141,855	138,615	136,870	263,465	265,122	261,635	121,297	124,369	126,233	128,574	128,430	126,528	125,930	122,533	116,699	118,553	118,863	115,986	112,764	112,411	114,730	113,854	111,261	107,783	106,798	104,762	103,212	99,138	96,482	94,782	91,246	87,139	82,748	76,877	74,058	70,220	71,579	68,576	75,778	73,568	74,187	71,854	67,946	64,894	64,656	62,073	59,513	56,578	56,132	54,786	52,814	51,054	50,197	47,810	43,008	39,157	36,100	35,200	33,716	30,900	29,800	29,500	27,197	24,400	23,200	16,600	20,985	16,600	18,000	17,500
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	59,053	70,713	81,181	79,809	95,580	109,038	112,322	116,386	116,415	117,090	116,332	115,222	113,460	110,144	109,075	107,579	105,992	105,833	105,510	104,885	109,591	110,464	109,988	108,437	107,697	110,485	109,781	108,860	109,794	108,026	105,864	102,849	99,989	97,109	93,695	89,888	155,552	151,625	147,071	141,938	138,815	134,747	131,477	127,666	123,940	144,724	140,469	135,939	130,506	126,133	121,326	115,213	110,199	105,556	101,361	97,437	93,985	90,304	87,575	85,018	82,733	82,636	81,658	78,576	77,065	75,373	73,047	69,807	66,809	63,911	61,540	58,249	54,843	51,877	48,942	46,758	43,809	40,999	40,024	27,446	26,109	24,316	23,000	22,090	20,207	19,056	18,655	17,996	16,275	15,126	14,569	14,428	13,350	12,624	11,782	11,127	10,356	9,700	9,000	8,541	8,000	7,600	7,200	6,976	6,800	6,500	5,800	6,035	5,800	3,700	3,500
Treasury Stock	0	0	0	-76,794	0	0	0	0	0	0	-73,008	-72,343	-72,186	-71,667	-71,466	-71,438	-70,675	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,459	-70,409	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Cash Flow

Currency in USD. All numbers in thousands.

	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Begin Period Cash Flow	4,775	32,977	24,684	37,642	2,626	2,855	1,849	3,388	2,635	2,798	2,803	2,018	1,534	1,733	2,297	1,499	1,729	853	958	481	51	320	259	509	304	108	491	283
Capital Expenditures	59	1,312	615	130	228	130	772	913	443	465	271	321	394	209	295	190	516	487	419	308	287	227	148	205	84	124	85	67
Cash And Cash Equivalents Changes	-4,321	0	8,293	-12,958	35,016	-229	1,006	-1,539	753	-163	-5	786	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	-8,847	0	-3,967	-13,373	-12,504	-12,270	-20	-264	430	-843	914	-70	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-4,321	-28,202	8,293	-12,958	35,016	-229	1,006	-1,539	753	-163	-5	786	484	-199	-565	798	-230	876	-104	476	430	-269	-26	-250	205	196	-383	208
Change In Working Capital	-3,290	429	4,826	-3,749	-1,909	-2,380	347	-1,516	777	1,339	1,483	-1,424	954	629	353	-1,378	57	1,023	1,714	548	122	674	321	1,049	-91	752	258	-144
Change Receivables	-12	0	879	-275	-157	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	-12	-30	879	-275	-157	0	0	0	0	0	0	0	0	0	0	14	-14	-62	-76	-322	-122	33	-126	49	100	100	-100	0
Change To Inventory	-3,278	-627	373	744	83	0	0	0	0	0	0	0	0	0	0	-1,407	77	1,150	1,087	698	-175	654	195	878	-69	594	323	0
Change To Liabilities	-3,290	627	-153	-744	-1,686	-1,598	145	-1,228	712	1,494	1,074	-1,354	1,069	587	0	0	91	1,212	1,088	694	0	622	322	960	0	0	0	0
Change To Netincome	43,239	-3,905	-820	20,590	32,019	39,834	36,161	26,536	21,247	17,161	14,889	781	0	214	0	0	48	0	413	20	36	0	49	45	0	0	0	0
Change To Operating Activities	860	168	-145	304	-110	340	328	192	66	-129	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	390	1,789	1,837	2,305	380	469	492	458	366	318	285	288	267	322	356	351	363	335	222	210	190	190	146	91	90	83	83	74
Dividends Paid	0	28	0	5	0	0	0	0	0	2,851	29,845	3,593	0	0	0	0	653	0	653	508	0	0	0	0	0	0	0	0
End Period Cash Flow	454	4,775	32,977	24,684	37,642	2,626	2,855	1,849	3,388	2,635	2,798	2,803	2,018	1,534	1,733	2,297	1,499	1,729	853	958	481	51	233	259	509	304	108	491
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-2,241	2,175	14,008	10,355	14,176	23,551	26,549	23,157	25,316	20,877	25,349	21,554	20,964	21,117	21,370	16,667	15,583	14,994	10,711	6,593	5,603	7,065	5,246	4,741	2,134	1,933	1,583	1,167
Investments	93,029	3,862	29,861	106,248	129,530	124,154	130,029	137,627	138,752	135,992	131,080	122,158	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	-29,644	-33,300	-35,286	-18,793	-23,563	-47,665	2,327	10,998	70,919	2,642	13,994	-6,277	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-34,119	2,998	8,351	3,466	-3,648	-1,098	5,409	12,379	16,856	16,703	19,941	22,230	16,805	10,865	4,718	9,672	11,580	10,559	8,080	5,213	4,281	3,932	3,411	2,578	1,602	914	792	662
Other Cashflows From Financing Activities	17,300	72,341	3,244	20,162	142,187	-47,207	2,388	11,094	71,908	3,227	14,788	-4,740	11,796	5,753	2,005	11,991	11,596	33,189	845	-134	7,102	5,533	9,709	8,450	6,512	5,750	4,550	10,700
Other Cashflows From Investing Activities	-63,142	0	-88,153	-109,794	-85,143	-100,727	-157,960	-173,367	-164,813	-157,408	-141,378	-134,594	15	0	72	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	33,346	-2,827	-2,214	5,046	20,336	24,257	22,422	12,467	6,889	736	2,403	-22	4,089	10,277	17,899	7,780	4,033	3,898	2,388	2,199	2,214	1,913	1,471	1,070	941	849	461	796
Sale Purchase Of Stock	-2,389	-2,062	-905	-979	16	458	50	-50	-70,409	329	612	830	0	0	0	0	2,133	0	-384	7,597	0	0	-134	0	0	0	0	0
Stock Based Compensation	106	200	197	202	80	217	607	574	514	535	812	552	660	450	649	387	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-32,033	-35,551	-36,191	-19,767	-23,547	-47,207	2,388	11,044	1,499	376	-15,057	-8,333	11,796	5,753	2,005	6,823	12,066	16,502	8,044	7,141	7,152	5,606	9,225	8,170	6,512	5,612	6,069	5,101
Total Cash From Operating Activities	-2,182	3,487	14,623	10,485	14,404	23,681	27,321	24,070	25,759	21,341	25,620	21,875	21,358	21,326	21,665	16,857	16,099	15,481	11,131	6,901	5,890	7,292	5,393	4,946	2,218	2,057	1,668	1,235
Total Cashflows From Investing Activities	29,894	3,862	29,861	-3,676	44,159	23,297	-28,703	-36,653	-26,504	-21,880	-10,569	-12,756	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	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	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30
Begin Period Cash Flow	651	678	454	914	1,503	3,551	4,775	6,530	22,851	23,473	32,977	29,261	33,169	32,318	24,684	24,106	13,928	34,517	37,642	4,252	2,787	4,981	2,626	3,082	3,672	7,717	2,855	3,664	3,799	4,520	1,849	3,006	1,673	1,231	3,388	2,636	4,982	2,291	2,635	4,089	4,474	3,659	2,798	4,667	3,723	5,049	2,803	4,720	2,720	2,989	2,018	3,352	1,009	2,321	1,534	4,769	1,868	1,931	1,733	1,895	2,551	2,139	2,297	4,705	2,451	3,275	1,499	2,146	1,733	3,626	1,729	1,671	1,242	1,442	853	1,494	1,685	1,781	958	2,161	1,984	733	481	739	598	704	51	303	40	217	233	344	98	105	259	244	100	300	500	800	700	2,500	300	0	1,400	160	100	160	100	300	500
Capital Expenditures	0	0	13	59	140	33	33	327	432	152	401	233	71	293	18	49	49	18	14	115	83	15	15	13	4	22	117	44	109	201	418	35	134	579	165	65	69	191	118	191	95	78	101	58	63	63	86	50	52	81	138	168	52	109	66	39	112	31	27	38	44	142	71	54	48	39	49	74	108	235	98	167	98	119	103	176	107	67	69	52	79	64	112	121	48	69	50	111	7	72	37	18	28	66	36	120	0	0	0	16	0	0	0	24	0	0	30	15	30	20	30
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	-9,504	3,716	-3,908	851	7,634	578	10,178	-20,589	-3,125	33,390	1,465	-2,194	2,355	-456	-590	-4,045	4,862	-809	-135	-721	2,671	-1,157	1,333	442	-2,157	752	-2,346	2,691	-344	-1,454	-384	815	861	-1,869	944	-1,327	2,246	-2,701,760	2,701,844	-269	971	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	-2,106	2,369	-5,454	804	-1,686	-2,877	-2,365	-4,988	-3,143	-2,565	-2,825	-4,509	-2,605	-3,855	-8,469	-969	1,023	-1,379	1,393	-1,938	1,904	-227	-525	268	219	311	-36	-134	289	-186	-132	311	-836	1,115	-301	-107	206	-114,995	114,855	-116	186	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	7,166	-27	224	-460	-589	-2,048	-1,224	-1,755	-16,321	-622	-9,504	3,716	-3,908	851	7,634	578	10,178	-20,589	-3,125	33,390	1,465	-2,194	2,355	-456	-590	-4,045	4,862	-809	-135	-721	2,671	-1,157	1,333	442	-2,157	752	-2,346	2,691	-344	-1,454	-384	815	861	-1,869	944	-1,327	2,246	-1,917	2,000	-269	971	-1,334	2,343	-1,313	787	-3,235	2,901	-63	198	-163	-656	412	-159	-2,408	2,254	-824	1,776	-647	413	-1,893	1,897	58	428	-199	588	-641	-191	-96	824	-1,204	177	1,251	252	-258	141	-106	653	-252	264	-177	-16	-110	245	-7	-154	16	144	-200	-200	2,812	800	700	2,200	2,012	1,300	1,400	60	3,969	60	-190	-170
Change In Working Capital	-107	8	371	110	-195	-1,066	-1,248	1,153	-466	-564	306	749	1,604	2,650	-177	-2,462	209	-1,063	-433	-449	-695	-1,433	668	-1,041	-353	-794	-192	-2,834	3,544	-2,972	2,609	-61	-1,390	-3,235	3,170	2,314	-556	-1,999	1,019	1,562	553	-2,876	2,101	3,399	-1,787	-3,395	3,267	575	-697	-3,593	2,291	1,069	-360	-2,964	3,209	1,495	-478	-2,419	2,031	26	66	-847	1,108	906	-1,887	-1,875	1,478	685	-733	-1,872	1,977	989	517	-1,843	1,360	748	985	-1,843	1,823	958	-1,959	-446	1,994	-34,658	35,791	-1,072	61	1,346	-428	-340	97	878	-236	-40	-281	748	-699	-200	1,200	309	600	-600	-400	-700	-1,500	-1,500	-1,800	558	0	300	-300
Change Receivables	0	0	0	0	0	0	0	0	0	0	-174	343	189	218	129	-76	-42	112	-269	-378	121	67	33	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	196	413	311	39	56	134	-173	98	-8	54	-174	343	189	218	129	-76	-42	112	-269	-378	121	67	33	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1	0	23	379	-352	-36	302	149	-499	34	359	270	-504	-187	67	382	-427	-99	95	-192	-206	-18	233	-28	-79	-249	134	-16	-27	-59	118	-98	-82	-65	2	0	0	0	200	0	100	-200	0	0	0	-700	0	-700	-900	-1,200
Change To Inventory	0	398	60	891	-56	1,585	0	0	0	0	260	0	0	0	183	0	0	0	275	0	0	0	-119	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-1,071	-38	-1,145	-210	-14	473	-734	164	174	422	125	125	479	706	-41	-1,498	1,919	7,807	5,861	8,423	9,409	7,820	6,397	6,083	-354	5,974	4,859	5,662	4,904	613	-251	3,566	3,134	0	0	0	0	2,309	0	0	0	0	0	0	0	0	0	0	0
Change To Liabilities	0	0	0	-837	-194	0	-674	848	408	-849	220	169	384	-773	-430	-1,094	-26	911	-535	-296	-695	-1,150	455	-4	-554	175	-1,215	-1,493	2,070	-1,137	705	317	-1,116	-3,425	2,995	2,262	-375	-2,117	942	1,741	587	-2,938	2,103	2,142	-1,523	-2,814	3,270	2,112,460	-2,112,443	-1,008	-364	1,069	0	278	1,196	587	0	0	411	0	0	0	203	0	0	164	22	91	0	803	140	1,212	724	599	475	1,088	0	0	0	694	0	529	306	0	0	0	0	622	0	0	0	322	0	0	0	960	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	0	12,225	13,419	13,419	1,472	120	2,665	-1,206	-1,459	4,475	1,559	2,925	3,425	6,942	4,882	4,148	4,618	9,495	7,863	8,852	5,809	8,663	12,186	9,744	9,241	12,360	8,502	8,256	7,043	7,663	7,493	6,452	4,928	5,404	6,088	5,700	4,055	4,601	4,490	4,450	3,620	12,231	1,155	1,486	17	-959,859	960,339	298	3	0	0	0	1,808	214	0	0	1,552	0	0	0	0	0	0	0	1,429	48	0	0	1,772	0	0	0	1,005	413	470	0	1,265	20	0	629	1,406	36	922	0	552	0	0	0	484	49	15	0	510	45	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	960	-57	-57	-432	-102	96	-1	-95	-728	64	709	-190	1,909	180	-2,060	275	-236	292	96	-69	-152	193	65	-102	328	1,474	0	0	192	0	0	0	66	0	0	0	-129	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	22	14	30	1,814	98	-263	504	483	456	392	458	467	431	442	497	2,013	94	97	101	90	91	96	103	113	116	119	121	79	142	140	131	124	120	119	95	90	92	94	91	87	79	77	75	72	70	70	72	72	71	73	73	68	66	66	67	78	79	81	84	85	91	91	88	87	87	88	89	93	91	92	87	93	86	83	74	59	58	55	50	48	30	63	70	60	51	42	37	24	60	60	45	39	41	39	27	22	0	0	0	-10	0	0	0	-17	0	0	30	-17	30	20	30
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,851	2,851	1,391	1,460	1,461	25,734	1,441	1,208	1,199	1,197	1,197	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	329	329	0	325	0	255	0	253	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	7,817	651	678	454	914	1,503	3,551	4,775	6,530	22,851	23,473	32,977	29,261	33,169	32,318	24,684	24,106	13,928	34,517	37,642	4,252	2,787	4,981	2,626	3,082	3,672	7,717	2,855	3,664	3,799	4,520	1,849	3,006	1,673	1,231	3,388	2,636	4,982	2,291	2,635	4,089	4,474	3,659	2,798	4,667	3,723	5,049	2,803	4,720	2,720	2,989	2,018	3,352	1,009	2,321	1,534	4,769	1,868	1,931	1,733	1,895	2,551	2,139	2,297	4,705	2,451	3,275	1,499	2,146	1,733	3,626	1,729	1,671	1,242	1,442	853	1,494	1,685	1,781	958	2,161	1,984	733	481	739	598	704	51	303	40	217	233	344	98	105	259	244	100	300	2,812	800	700	2,500	2,012	0	1,400	160	3,969	160	110	330
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-418	284	1,156	-1,308	177	424	-1,394	1,336	92	127	620	6,124	551	4,307	3,026	5,347	2,913	746	1,349	1,486	3,569	3,921	5,200	5,143	5,934	6,084	6,390	3,417	10,592	3,846	8,694	6,642	5,327	2,731	8,457	8,202	6,057	4,173	6,885	5,332	4,952	3,005	7,588	8,860	3,902	3,734	8,853	6,461	5,345	2,259	7,490	5,659	5,168	2,311	7,826	6,114	5,072	2,865	7,066	5,333	5,702	4,334	6,001	5,485	2,915	2,589	5,679	4,523	3,487	2,023	5,550	5,275	4,294	1,471	3,955	3,358	3,422	333	3,599	2,652	406	1,025	2,510	-33,985	36,861	1,089	1,637	3,121	1,478	939	1,528	2,484	975	710	1,077	2,318	609	700	1,200	1,134	700	100	300	1,133	300	300	440	783	440	0	380
Investments	11,433	11,089	12,905	16,876	14,297	8,028	-7,236	-2,973	-61	3,366	3,530	3,016	28,158	30,872	28,425	11,254	29,896	31,988	33,110	38,144	28,051	30,550	32,785	32,538	29,063	30,099	32,454	35,809	27,314	33,498	33,408	36,501	32,096	33,994	35,036	37,473	32,831	35,083	33,365	36,365	32,582	32,816	34,229	35,609	31,391	31,547	32,534	-87,794,320	87,857,677	29,967	28,834	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	0	-15,900	-14,500	-14,500	11,756	11,756	16,770	-3,380	-13,390	-5,500	-15,200	-10,000	-4,586	7,486	-50	-30,249	4,020	22,914	-14,476	-18,543	-13,458	-12,789	-9,590	-16,300	-8,986	-1,201	4,698	269	-1,439	-2,501	2,189	8,284	3,026	69,489	-2,576	1,221	2,785	1,668	-4,548	5,274	249	-4,657	20,688	1,075	-3,112	2,425,936	-2,430,728	848	-2,333	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-11,661	-10,485	1,556	-15,797	-13,373	-3,172	-1,777	368	-702	1,603	1,729	1,869	3,785	1,267	1,430	2,296	311	268	591	-4,745	-903	580	1,420	643	-2,898	344	813	-1,070	1,606	1,970	2,903	2,725	2,727	3,256	3,670	3,847	3,770	4,330	4,909	2,860	3,827	4,317	5,700	4,840	4,565	5,162	5,374	6,045	5,363	5,520	5,303	4,772	4,475	3,982	3,576	3,260	2,909	2,432	2,264	2,133	235	792	1,558	2,055	2,236	2,597	2,784	3,012	2,770	2,768	3,029	2,953	2,718	2,495	2,394	2,368	2,214	1,866	1,632	1,492	1,306	1,249	1,166	1,203	1,009	1,056	1,013	1,172	949	931	881	1,062	808	838	703	769	708	600	500	602	400	300	300	214	200	300	100	192	100	240	210
Other Cashflows From Financing Activities	11,433	11,089	12,905	-187	-13	174	17,326	72,530	-217	3,366	3,530	3,016	11,189	6,452	3,244	7,486	1,189	-749	12,020	142,914	-14,471	-18,603	-13,387	-12,669	-9,590	-15,962	-8,986	-1,141	4,696	269	-1,436	-2,486	2,188	8,310	3,082	-155	-2,560	1,321	2,893	1,801	-4,451	5,478	399	-4,487	20,989	1,316	-3,030	-3,405	-909	-43	-1,580	728	1,086	6,637	3,345	-2,982	1,101	5,771	1,863	607	-4,524	1,814	4,108	5,918	1,862	3,574	161	6,831	7,453	6,118	3,091	19,865	4,281	7,291	1,906	-217	358	6,605	38	1,312	990	2,982	1,800	2,930	-195	2,501	1,866	2,460	882	1,583	850	1,150	1,054	2,705	4,800	2,915	3,353	1,100	800	2,812	800	700	2,200	2,086	1,300	1,400	-1,400	3,980	-1,400	820	730
Other Cashflows From Investing Activities	0	0	0	0	0	0	0	0	0	0	-26,042	-27,925	-16,898	-24,127	-19,203	-22,746	-22,370	-23,074	-41,604	-29,154	-15,684	-18,062	-22,243	-25,468	-25,997	-24,266	-24,996	-38,894	-42,737	-38,334	-37,995	-41,814	-38,277	-44,594	-48,682	-44,767	-38,673	-37,886	-43,487	-44,952	-33,467	-39,094	-39,894	-40,389	-29,604	-36,483	-34,902	96,442,883	-96,511,253	-32,452	-33,772	15	0	0	0	0	0	0	0	72	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	11,625	-585	-594	-3,764	10,460	6,158	1,476	-730	1,176	-1,391	-1,882	2,371	-6,118	366	1,167	807	2,061	1,314	864	8,352	5,127	4,216	2,641	5,271	5,869	6,856	6,261	8,483	5,711	4,768	3,460	3,728	4,106	2,901	1,733	1,798	2,520	1,410	1,160	553	281	1,069	-1,168	625	782	777	219	-723	448	177	77	62	1,105	1,570	1,351	1,487	2,752	3,019	3,018	3,137	6,232	5,097	3,433	2,297	2,503	1,720	1,186	948	1,317	933	805	1,466	1,172	846	414	581	566	660	581	374	1,372	181	271	-384	1,052	999	547	357	742	266	548	404	390	-61	738	529	609	400	-400	241	-200	400	400	449	1,800	1,500	180	61	180	-530	480
Sale Purchase Of Stock	0	0	0	0	-110	-141	-2,138	-445	-65	-887	-665	-157	-519	-201	-28	-763	-211	0	0	16	5	-60	71	120	0	338	0	49	-1	0	0	0	0	22	-50	-70,175	12	71	72	53	58	135	83	190	202	169	51	-630,233	630,364	169	530	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	7,682	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-7	-81	3	-49	0	0	0	0	0	0	0	0	0	0	0	1,970	0	1,970	20	0
Stock Based Compensation	1	17	26	-149	25	30	25	48	64	42	46	50	50	48	49	54	59	55	34	39	25	-44	60	-23	110	6	124	133	164	192	118	158	154	132	130	132	143	124	116	130	144	139	122	153	83	294	282	147	170	177	58	188	163	155	154	96	125	116	113	137	173	169	171	350	0	0	112	0	0	0	30	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1,452	0	0	1,800	0	0	0	0
Total Cash From Financing Activities	-3,850	-11,400	-13,850	-16,087	-14,923	-10,467	9,444	-445	-16,784	-4,267	-14,055	-5,657	-15,719	-10,201	-4,614	6,723	-261	-30,249	4,020	22,914	-14,471	-18,603	-13,387	-12,669	-9,590	-15,962	-8,986	-1,141	4,696	269	-1,436	-2,486	2,188	8,310	3,032	-155	-2,560	1,321	2,893	1,801	-4,451	4,088	-1,061	-5,949	-4,745	-125	-4,238	-4,604	-2,106	-43	-1,580	728	1,086	6,637	3,345	-2,982	1,101	5,771	1,863	607	-4,524	1,814	4,108	1,128	1,909	3,582	205	3,697	3,587	3,080	1,702	3,656	4,204	7,214	1,429	3,302	-1,204	3,345	2,600	1,128	1,116	3,091	1,806	2,939	-189	2,504	1,897	2,460	882	1,383	882	993	972	2,708	4,551	2,917	3,353	1,100	800	2,812	800	700	2,200	2,012	1,300	1,400	570	3,969	570	840	730
Total Cash From Operating Activities	-418	284	1,169	-1,249	37	391	-1,361	1,663	524	279	1,021	6,357	622	4,600	3,044	5,396	2,962	764	1,363	1,601	3,652	3,936	5,215	5,130	5,938	6,106	6,507	3,461	10,701	4,047	9,112	6,678	5,461	3,310	8,622	8,267	6,125	4,364	7,003	5,523	5,047	3,083	7,689	8,918	3,965	3,797	8,939	6,511	5,396	2,340	7,628	5,827	5,219	2,420	7,891	6,153	5,184	2,896	7,092	5,371	5,746	4,477	6,072	5,539	2,963	2,628	5,728	4,597	3,595	2,258	5,648	5,442	4,392	1,590	4,058	3,534	3,529	400	3,667	2,704	485	1,090	2,622	-33,864	36,909	1,158	1,687	3,231	1,484	1,011	1,565	2,502	1,003	776	1,112	2,437	609	700	1,200	1,118	700	100	300	1,157	300	300	470	768	470	20	410
Total Cashflows From Investing Activities	0	0	0	16,876	14,297	14,297	-9,307	-2,973	-6,896	3,366	3,530	3,016	11,189	6,452	9,204	-11,541	7,477	8,896	-8,508	8,875	12,284	12,473	10,527	7,083	3,062	5,811	7,341	-3,129	-15,532	-5,037	-5,005	-5,348	-6,316	-11,178	-13,811	-7,359	-5,911	-2,994	-10,240	-8,778	-980	-6,356	-5,766	-4,839	1,724	-4,999	-2,455	8,918,904	-8,924,018	-2,566	-5,076	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31	2016-03-31	2015-03-31	2014-03-31	2013-03-31	2012-03-31	2011-03-31	2010-03-31	2009-03-31	2008-03-31	2007-03-31	2006-03-31	2005-03-31	2004-03-31	2003-03-31	2002-03-31	2001-03-31	2000-03-31	1999-03-31	1998-03-31	1997-03-31	1996-03-31
Cost Of Revenue	2,166	20,050	19,083	392	380	70,131	71,884	61,113	53,994	19,643	18,338	17,595	13	18	17	35	18	45	65	66	84	79	85	90	102	106	99	141
Depreciation And Amortization	403	1,789	1,837	2,305	380	469	492	458	366	318	285	288	267	322	356	351	363	335	222	210	190	190	146	91	90	83	83	74
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-29,174	9,412	10,946	2,247	4,916	13,300	17,962	29,112	32,067	34,195	37,607	41,054	32,947	22,820	12,937	21,876	18,738	17,040	13,113	8,390	6,838	6,271	5,532	4,431	2,606	1,498	1,290	1,059
Ebitda	-28,771	11,201	12,783	4,552	5,296	13,769	18,454	29,570	32,433	34,512	37,892	41,342	33,213	23,142	13,292	22,227	19,100	17,376	13,334	8,600	7,028	6,460	5,677	4,522	2,696	1,580	1,372	1,132
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	-160	-3,127	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	38,239	24,298	30,957	53,188	61,416	73,763	81,466	81,676	80,456	57,996	46,664	45,680	62,761	56,453	53,085	50,048	46,692	42,631	32,767	25,434	22,293	20,140	17,712	13,984	10,316	7,831	6,110	5,692
Income Before Tax	-32,702	4,046	10,946	2,247	-4,588	3,163	8,740	20,105	26,096	28,516	32,527	36,162	27,347	17,650	7,552	15,566	18,738	17,040	13,113	8,390	6,838	6,271	5,532	4,431	2,606	1,498	1,290	1,059
Income Tax Expense	1,417	1,048	2,595	-1,219	-940	4,261	3,331	7,726	9,240	11,813	12,561	13,932	10,542	6,786	2,834	5,894	7,158	6,481	5,033	3,177	2,556	2,338	2,121	1,853	1,003	584	497	397
Interest Expense	3,931	5,366	5,980	8,515	9,504	10,137	9,222	9,007	5,970	5,678	5,121	4,892	5,600	5,170	5,385	6,310	1,260	4,332	3,630	0	0	0	0	0	0	0	0	0
Interest Income	44,270	49,714	54,211	62,095	71,300	83,917	90,466	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0
Net Income	-34,119	2,998	8,351	3,466	-3,648	-1,098	5,409	12,379	16,856	16,703	19,966	22,230	16,805	10,865	4,718	9,672	11,580	10,559	8,080	5,213	4,281	3,932	3,411	2,578	1,602	914	792	662
Net Income Applicable To Common Shares	-34,119	2,998	8,307	3,466	-3,648	-1,098	5,409	12,379	16,856	16,703	19,941	22,230	16,805	10,865	4,718	9,672	11,580	10,559	8,080	5,213	4,281	3,932	3,411	2,578	0	0	0	0
Net Income From Continuing Ops	-34,119	2,998	8,351	3,466	-3,648	-1,098	5,409	12,379	16,856	16,703	19,941	22,230	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	40,339	44,348	48,231	53,580	61,796	73,780	81,244	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	295	0	10,137	9,222	9,007	5,970	5,678	5,121	4,892	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-29,174	9,412	10,946	2,247	4,916	13,300	17,962	29,112	32,067	-24,774	-19,752	-18,804	32,452	21,785	14,467	21,876	24,273	21,373	16,743	12,242	10,774	10,169	9,293	7,202	4,964	3,578	2,946	2,576
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	1,166	34,936	39,094	51,333	66,000	71,000	73,000	62,000	54,000	24,793	19,790	18,848	30,322	34,687	38,636	28,207	22,436	21,304	16,089	13,259	11,603	10,049	8,504	6,873	5,454	4,359	3,263	3,257
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	2,153	1,789	1,837	2,305	380	469	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	1,166	1,831	1,269	1,548	2,446	1,489	1,440	1,497	1,562	1,491	1,453	1,253	1,224	1,206	1,248	1,309	1,235	1,242	878	866	655	566	446	396	370	320	248	216
Selling General Administrative	30,880	32,170	31,844	34,432	33,548	33,150	35,549	34,099	32,606	30,342	29,114	25,567	24,208	21,819	20,628	6,122	5,137	4,445	3,551	9,918	8,461	7,302	6,357	5,225	3,951	3,002	2,392	2,060
Tax Provision	1,417	1,048	2,595	-1,219	-940	4,261	3,331	7,726	9,240	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	1,166	-34,936	-39,094	-51,333	66,000	71,000	73,000	62,000	54,000	49,000	44,000	39,000	30,309	34,668	38,618	28,172	22,418	21,259	16,024	13,193	11,519	9,971	8,419	6,782	5,352	4,253	3,164	3,116
Total Other Income Expense Net	-3,528	-5,366	-24,722	-25,711	-9,504	-10,137	-9,222	-9,007	-5,971	53,291	52,239	54,966	495	1,035	-1,530	-6,310	-46,590	-42,503	-32,583	-25,237	-22,049	-19,853	-17,386	-13,557	-9,923	-7,494	-5,749	-1,517
Total Revenue	40,405	44,348	50,040	53,580	61,796	73,763	81,466	81,676	80,456	77,639	65,002	63,275	62,774	56,472	53,102	50,083	46,709	42,677	32,832	25,500	22,377	20,218	17,797	14,075	10,419	7,937	6,209	5,833

	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	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30
Cost Of Revenue	22	36	30	5,161	1,499	116	5,161	0	5,230	4,668	4,838	0	4,387	4,798	4,152	0	4,629	4,718	4,821	8,626	4,575	4,341	5,266	16,616	4,826	4,847	5,162	21,703	5,041	5,729	5,593	16,278	5,539	5,498	5,585	13,776	5,100	5,121	5,221	2	4,862	4,834	4,854	3	4,455	4,565	4,528	2	4	3	3	4	3	3	3	6	6	2	4	5	3	5	4	8	14	5	8	8	4	4	1	8	15	10	12	19	17	14	15	27	10	12	17	21	20	26	17	19	16	20	24	19	20	20	26	29	23	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation And Amortization	22	14	30	1,814	98	-263	504	483	456	392	458	467	431	442	497	2,013	94	97	101	90	91	96	103	113	116	119	121	79	142	140	131	124	120	119	95	90	92	94	91	87	79	77	75	72	70	70	72	72	71	73	73	68	66	66	67	78	79	81	84	85	91	91	88	87	87	88	89	93	91	92	87	93	86	83	74	59	58	55	50	48	30	63	70	60	51	42	37	24	60	60	45	39	41	39	27	22	23	-2,200	-2,100	-10	-2,100	-1,900	-1,700	-17	-1,700	-1,400	30	-17	30	20	30
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-22,106	-10,644	2,193	-16,460	241	-3,155	-1,836	933	1,702	3,260	3,516	4,073	6,417	2,928	3,508	2,393	2,426	2,658	3,285	-3,702	1,022	3,064	4,532	3,126	3,399	3,007	3,768	766	4,845	5,401	6,950	6,684	6,736	7,571	8,121	7,811	7,596	8,480	8,180	6,778	8,101	8,646	10,670	9,323	8,700	9,658	9,926	11,010	9,930	10,254	9,860	9,033	8,646	7,916	7,352	6,827	5,822	3,924	4,953	3,377	379	1,337	2,458	3,311	3,555	4,201	4,499	4,874	4,480	4,481	4,902	4,743	4,388	4,054	3,855	3,918	3,560	3,010	2,625	2,413	2,102	1,996	1,879	1,924	1,601	1,697	1,615	1,856	1,502	1,494	1,419	1,710	1,312	1,365	1,144	1,498	1,063	3,200	2,900	1,006	2,700	2,500	2,200	398	2,000	1,900	200	290	200	390	340
Ebitda	-22,084	-10,630	2,223	-14,646	339	-3,418	-1,332	1,416	2,158	3,652	3,974	4,540	6,848	3,370	4,005	4,406	2,520	2,755	3,386	-3,612	1,113	3,160	4,635	3,239	3,515	3,126	3,889	845	4,987	5,541	7,081	6,808	6,856	7,690	8,216	7,901	7,688	8,573	8,270	6,864	8,180	8,723	10,746	9,395	8,770	9,728	9,999	11,082	10,001	10,327	9,932	9,101	8,711	7,983	7,419	6,905	5,901	4,005	5,037	3,463	470	1,428	2,546	3,397	3,642	4,289	4,588	4,967	4,571	4,573	4,989	4,835	4,475	4,136	3,929	3,977	3,618	3,065	2,674	2,461	2,132	2,059	1,949	1,985	1,652	1,739	1,652	1,881	1,562	1,554	1,464	1,749	1,352	1,404	1,171	1,520	1,086	1,000	800	996	600	600	500	380	300	500	230	272	230	410	370
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-160	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	4,932	6,294	6,553	2,380	8,530	12,011	5,548	11,865	4,397	6,783	6,568	11,966	8,645	7,742	8,350	13,053	8,458	8,569	9,332	14,122	9,862	12,677	10,953	17,201	13,115	14,040	14,572	20,421	14,826	14,796	15,060	20,830	15,158	14,836	14,230	20,098	15,097	15,368	14,451	19,060	14,557	14,422	15,050	16,426	12,196	11,482	11,351	12,289	17,136	17,208	7	16,090	15,992	15,728	14,949	14,249	14,359	14,156	13,689	13,219	13,251	13,500	13,115	12,712	12,601	12,573	12,163	12,035	11,726	11,602	11,328	12,162	11,092	10,229	9,148	9,162	8,524	7,820	7,262	6,883	6,375	6,133	6,043	6,026	5,409	5,559	5,299	5,611	4,993	4,928	4,607	4,981	4,401	4,330	4,000	4,193	3,596	3,200	2,900	3,119	2,700	2,500	2,200	2,237	2,000	1,900	1,400	1,709	0	1,620	1,460
Income Before Tax	-11,661	-10,630	1,701	-15,795	-10,373	-4,130	-2,404	490	-911	2,140	2,328	2,753	4,975	1,359	1,859	551	540	360	797	-5,977	-1,281	678	1,992	473	814	564	1,313	-1,711	2,587	3,158	4,706	4,428	4,425	5,297	5,955	6,232	6,138	6,995	6,731	5,389	6,660	7,203	9,265	7,960	7,425	8,407	8,735	9,821	8,693	9,017	8,631	7,805	7,263	6,466	5,812	5,303	4,743	3,924	3,681	3,377	379	1,337	2,458	3,311	3,555	4,201	4,499	4,874	4,480	4,481	4,902	4,743	4,388	4,054	3,855	3,918	3,560	3,010	2,625	2,413	2,102	1,996	1,879	1,924	1,601	1,697	1,615	1,856	1,502	1,494	1,419	1,710	1,312	1,365	1,144	1,498	1,086	1,000	800	1,006	600	600	500	398	300	500	200	290	200	380	330
Income Tax Expense	0	-145	145	1	3,000	-958	-627	122	-209	536	599	884	1,190	92	429	-1,744	229	92	206	-1,232	-376	96	572	-171	3,712	220	500	-641	981	1,188	1,803	1,703	1,698	2,040	2,285	2,384	2,369	2,665	1,822	2,529	2,833	2,886	3,565	3,095	2,859	3,246	3,361	3,776	3,331	3,497	3,328	3,033	2,788	2,484	2,236	2,043	1,834	1,492	1,417	1,244	144	545	901	1,255	1,318	1,605	1,715	1,862	1,710	1,713	1,873	1,805	1,670	1,545	1,461	1,550	1,346	1,144	992	921	796	747	713	722	592	641	602	684	554	563	538	649	504	527	441	729	417	400	300	403	200	200	200	184	100	200	100	97	100	150	130
Interest Expense	68	258	500	1,149	1,239	975	568	443	2,613	1,121	1,188	1,320	1,442	1,569	1,649	1,843	1,886	2,298	2,488	2,275	2,303	2,386	2,540	2,654	2,585	2,443	2,455	2,477	2,258	2,243	2,244	2,256	2,311	2,274	2,166	1,578	1,458	1,485	1,449	1,389	1,441	1,443	1,405	1,403	1,275	1,250	1,192	1,189	1,237	1,237	1,229	1,228	1,383	1,450	1,539	1,524	1,079	1,294	1,273	1,275	1,269	1,432	1,409	1,467	1,611	1,643	1,589	1,460	1,452	1,363	1,260	1,172	1,122	1,058	981	910	910	895	915	946	950	969	987	980	1,024	968	964	943	949	1,010	996	969	1,002	956	835	744	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	4,954	6,330	7,083	8,690	11,268	12,249	12,064	12,308	12,240	12,572	12,594	12,816	13,180	14,064	14,151	14,896	14,973	15,585	16,641	16,397	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-11,661	-10,485	1,556	-15,796	-13,373	-3,172	-1,777	368	-702	1,604	1,729	1,869	3,785	1,267	1,430	2,295	311	268	591	-4,745	-905	582	1,420	644	-2,898	344	813	-1,070	1,606	1,970	2,903	2,725	2,727	3,257	3,670	3,848	3,769	4,330	4,909	2,860	3,827	4,317	5,700	4,865	4,566	5,161	5,374	6,045	5,363	5,520	5,303	4,772	4,475	3,982	3,576	3,260	2,909	2,432	2,264	2,133	235	792	1,558	2,055	2,236	2,597	2,784	3,012	2,770	2,768	3,029	2,938	2,718	2,509	2,394	2,368	2,214	1,866	1,632	1,492	1,306	1,249	1,166	1,203	1,009	1,056	1,013	1,172	949	931	881	1,062	808	838	703	769	668	600	500	602	400	400	300	214	200	300	100	192	100	240	210
Net Income Applicable To Common Shares	0	0	1,556	-15,797	-13,373	-3,172	-1,777	368	-702	1,596	1,729	1,859	3,785	1,267	1,430	2,296	311	268	591	-4,745	-905	582	1,420	643	-2,898	344	813	-1,070	1,606	1,970	2,903	2,725	2,727	3,256	3,670	3,847	3,770	4,330	4,909	2,860	3,827	4,317	5,700	4,840	4,565	5,162	5,374	-5,357,969	5,362,721	5,520	11,958	4,772	4,475	3,982	3,576	3,260	2,909	2,432	2,264	2,134	234	792	1,558	2,055	2,236	2,597	2,784	3,012	2,770	2,769	3,029	2,938	2,718	2,509	2,394	2,368	2,214	1,866	1,632	1,492	1,306	1,249	1,166	1,203	1,009	1,056	1,013	1,172	948	931	881	1,062	807	839	703	770	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income From Continuing Ops	-11,661	-10,485	1,556	-15,796	-13,373	-3,172	-1,777	368	-702	1,604	1,729	1,869	3,785	1,267	1,430	2,296	311	268	591	-4,745	-905	582	1,420	643	-2,898	344	813	-1,070	1,606	1,970	2,903	2,725	2,727	3,256	3,670	3,847	3,770	4,330	4,909	2,860	3,827	4,317	5,700	4,840	4,565	5,162	5,374	-5,357,969	5,362,721	5,520	11,958	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	4,886	6,072	6,583	7,541	10,029	11,274	11,496	11,865	9,627	11,451	11,406	11,496	11,738	12,495	12,502	13,053	13,087	13,287	14,153	14,121	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	295	0	0	0	0	2,303	2,386	2,540	2,654	2,585	2,443	2,455	2,477	2,258	2,243	2,244	2,257	2,311	2,273	2,166	1,579	1,458	1,485	1,449	1,389	1,441	1,443	1,405	1,403	1,275	1,250	1,192	-1,234,440	1,236,866	1,237	1,229	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-22,106	-10,630	2,201	-16,460	241	-3,155	-1,836	933	1,702	7,531	-5,415	4,073	4,975	1	-4,371	2,393	-5,031	-5,145	-5,232	-3,702	-5,227	-5,078	-5,633	3,126	-5,177	-5,200	-5,553	766	-5,796	-6,445	-6,226	6,684	-6,230	-6,239	-6,426	7,811	-5,748	-5,773	-6,242	6,778	-6,268	-5,192	-5,243	9,323	-4,807	-4,912	-4,892	11,010	9,930	10,254	9,860	9,016	8,550	7,916	7,107	6,589	5,557	3,924	4,656	10,292	379	1,337	2,458	4,779	5,165	5,845	6,088	6,335	5,931	5,844	6,162	5,914	5,511	5,112	4,836	4,829	4,469	3,904	3,540	3,359	3,052	2,964	2,866	2,905	2,625	2,665	2,579	2,799	2,451	2,504	2,415	2,679	2,314	2,321	1,979	2,241	1,811	3,200	2,900	-2,436	2,700	2,500	2,200	-2,322	2,000	1,900	1,400	-1,654	1,400	380	330
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	16,578	4,295	30	24,001	177	325	5,745	10,932	13,151	5,041	5,415	7,893	341	0	4,371	12,000	5,031	5,145	5,232	20,000	5,227	5,078	5,633	17,000	5,177	5,200	5,553	22,000	5,796	6,445	6,226	16,000	6,230	6,239	6,426	14,000	5,748	5,773	6,242	14,000	6,273	5,198	5,250	11,000	4,818	4,921	4,902	19,000	7,210	6,957	23,398	7,078	7,446	7,816	7,845	7,666	8,808	10,234	9,038	2,932	12,875	12,168	10,661	7,942	7,449	6,733	6,083	5,708	5,799	5,763	5,166	6,256	5,597	5,126	4,325	4,352	4,071	3,929	3,737	3,552	3,333	3,181	3,194	3,142	2,804	2,920	2,737	2,831	2,558	2,444	2,216	2,321	2,106	2,029	2,047	1,981	1,808	0	0	5,554	0	0	0	4,559	0	0	0	3,363	0	1,240	1,130
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	22	14	30	1,814	98	-263	504	483	456	392	458	467	431	442	497	2,013	94	97	101	90	91	96	103	113	116	119	121	79	142	140	131	124	120	119	95	90	92	94	91	87	79	77	75	72	70	70	72	72	71	73	73	68	66	66	67	78	79	81	84	85	91	91	88	87	87	88	89	93	91	92	87	93	86	83	74	59	58	55	50	48	30	63	70	60	51	42	37	24	60	60	45	39	41	39	27	22	0	0	0	-10	0	0	0	-17	0	0	0	-17	30	20	30
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	22	36	30	80	177	325	584	493	389	373	577	351	341	358	219	308	402	427	411	690	652	737	367	394	351	353	391	340	369	345	386	357	384	364	392	366	334	459	403	381	350	364	396	361	362	355	374	324	326	304	299	266	330	310	319	274	312	308	312	263	310	339	337	362	314	320	314	320	294	330	292	352	345	294	251	235	227	219	197	213	221	221	211	173	172	156	153	182	135	138	110	128	101	119	98	116	92	100	0	70	100	100	0	120	100	100	100	48	100	600	490
Selling General Administrative	3,906	4,237	4,185	5,814	9,398	6,910	8,760	8,657	8,370	7,448	8,348	8,963	7,407	8,131	7,343	8,583	7,950	8,927	8,971	8,934	7,848	7,966	8,801	8,165	8,138	7,705	8,669	8,921	7,587	8,852	8,674	8,827	8,367	8,482	8,423	8,420	7,948	8,147	8,091	7,843	7,515	8,080	7,997	7,661	7,120	7,331	7,134	6,492	6,354	6,399	6,321	6,639	5,846	5,861	5,861	5,583	5,391	5,530	5,315	15,220	1,666	1,772	1,938	1,673	1,511	1,502	1,436	1,032	1,454	1,417	1,111	1,230	1,061	1,230	925	5,529	3,203	2,981	2,895	2,682	2,438	2,482	2,316	2,352	2,012	2,115	1,982	1,973	1,846	1,798	1,685	1,732	1,555	1,546	1,524	1,531	1,358	1,200	1,300	1,051	1,100	1,000	900	802	800	800	600	692	600	640	640
Tax Provision	0	-145	145	1	3,000	-958	-627	122	-209	536	599	884	1,190	92	429	-1,746	229	92	206	-1,393	-376	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	27,038	4,295	30	-24,001	177	325	584	-10,932	389	373	577	-7,893	8,000	0	11,000	12,000	13,000	13,000	13,000	20,000	16,000	16,000	14,000	17,000	17,000	18,000	18,000	22,000	17,000	17,000	16,000	16,000	16,000	15,000	14,000	14,000	14,000	13,000	13,000	14,000	13,000	12,000	11,000	11,000	12,000	11,000	10,000	19,000	7,206	6,954	23,398	7,074	7,443	7,812	7,842	7,660	8,802	10,232	9,033	2,927	12,872	12,163	10,657	7,934	7,435	6,728	6,075	5,700	5,795	5,758	5,165	6,249	5,582	5,116	4,312	4,333	4,054	3,915	3,722	3,524	3,322	3,169	3,177	3,121	2,784	2,895	2,719	2,812	2,542	2,424	2,193	2,302	2,087	2,009	2,021	1,952	1,785	0	0	5,452	0	0	0	4,453	0	0	0	3,264	0	1,240	1,130
Total Other Income Expense Net	10,445	-12,665	-500	665	-10,614	-975	-568	-443	-2,613	-5,392	7,743	-1,320	-4,771	1,358	6,230	-1,842	5,571	5,505	6,029	-2,275	3,946	5,756	7,625	-2,653	5,991	5,764	6,866	-2,477	8,383	9,603	10,932	-2,256	10,655	11,537	12,381	-1,579	11,886	12,768	12,973	-1,389	12,928	12,395	14,509	-1,363	12,232	13,319	13,627	-1,189	-1,237	-1,237	-1,229	17	96	-1,450	-244	238	265	7,775	297	-6,915	3,981	5,048	6,234	-1,468	-12,593	-12,560	-12,148	-12,015	-11,707	-11,574	-11,295	-12,130	-11,065	-10,198	-9,110	-9,087	-8,484	-7,797	-7,214	-6,839	-6,335	-6,074	-5,988	-5,973	-5,350	-5,492	-5,233	-5,540	-4,923	-4,858	-4,532	-4,896	-4,330	-4,251	-3,910	-4,103	-3,487	-2,200	-2,100	3,441	-2,100	-1,900	-1,700	2,720	-1,700	-1,400	-1,200	1,944	-1,200	130	50
Total Revenue	4,954	6,330	6,583	7,541	10,029	12,127	10,709	11,865	9,627	11,451	11,406	11,966	13,032	12,540	12,502	13,053	13,087	13,287	14,153	14,122	14,437	17,018	16,219	17,201	17,941	18,887	19,734	20,421	19,867	20,525	20,653	20,830	20,697	20,334	19,815	20,098	20,197	20,489	19,672	19,060	19,419	19,256	19,904	16,426	16,651	16,047	15,879	12,289	17,140	17,211	10	16,094	15,995	15,732	14,952	14,255	14,365	14,158	13,694	13,224	13,254	13,505	13,119	12,720	12,614	12,578	12,171	12,044	11,730	11,607	11,329	12,170	11,107	10,239	9,160	9,181	8,541	7,834	7,277	6,910	6,385	6,145	6,060	6,047	5,429	5,585	5,316	5,630	5,009	4,948	4,631	5,000	4,421	4,350	4,026	4,222	3,620	3,200	2,900	3,119	2,700	2,500	2,200	2,237	2,000	1,900	1,400	1,709	1,400	1,620	1,460

Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue	40,405
Cost of Revenue	-2,166
Gross Profit	38,239	38,239

Operating Income (+$)
Gross Profit	38,239
Operating Expense	-1,166
Operating Income	-29,174	37,073

Operating Expense (+$)
Research Development	0
Selling General Administrative	30,880
Selling And Marketing Expenses	1,166
Operating Expense	1,166	32,046

Net Interest Income (+$)
Interest Income	44,270
Interest Expense	-3,931
Other Finance Cost	-0
Net Interest Income	40,339

Pretax Income (+$)
Operating Income	-29,174
Net Interest Income	40,339
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-32,702	-25,646 EBIT - interestExpense = -33,105 -32,702 -30,188
Interest Expense	3,931
Earnings Before Interest and Taxes (EBIT)	-29,174	-28,771
Earnings Before Interest and Taxes (EBITDA)	-28,771

After tax Income (+$)
Income Before Tax	-32,702
Tax Provision	-1,417
Net Income From Continuing Ops	-34,119	-34,119
Net Income	-34,119
Net Income Applicable To Common Shares	-34,119

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	1,166
Total Other Income/Expenses Net	-3,528	-40,339

Technical Analysis of Nicholas Financial Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nicholas Financial Inc. The general trend of Nicholas Financial Inc is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nicholas Financial Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (-14.3%)		Bearish trend (14.3%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Nicholas Financial Inc.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 6.82 < 6.82 < 6.82.

The bearish price targets are: 6.67 > 6.5384 > 6.446.

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Nicholas Financial Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Nicholas Financial Inc. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending down: The MA 50 is trending down. -1
Close < MA 50: The price is below the MA 50. -1
MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close < MA 100: The price is below the MA 100. -1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Nicholas Financial Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nicholas Financial Inc. The current macd is -0.00440473.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nicholas Financial Inc price going up in the near term. +2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nicholas Financial Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nicholas Financial Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Nicholas Financial Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Nicholas Financial Inc. The current adx is 13.76.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nicholas Financial Inc shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1

Nicholas Financial Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Nicholas Financial Inc. The current sar is 6.59136079.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1

Nicholas Financial Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Nicholas Financial Inc. The current rsi is 44.39. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Nicholas Financial Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Nicholas Financial Inc. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nicholas Financial Inc price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Nicholas Financial Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Nicholas Financial Inc. The current cci is -38.96539016.

Nicholas Financial Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nicholas Financial Inc. The current cmo is -16.94787263.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Nicholas Financial Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Nicholas Financial Inc. The current willr is -49.80079681.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nicholas Financial Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Nicholas Financial Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Nicholas Financial Inc.

Nicholas Financial Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Nicholas Financial Inc. The current atr is 0.1682723.

Nicholas Financial Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Nicholas Financial Inc. The current obv is -52,852.

Nicholas Financial Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Nicholas Financial Inc. The current mfi is 47.22.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Nicholas Financial Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Nicholas Financial Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-11-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2023-12-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-15	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-18	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-28	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-03	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-04	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-18	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-19	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-22	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-24	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-25	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-29	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-30	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-05	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-07	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-02-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-02-12	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-13	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-15	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-16	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-20	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-23	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-27	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-29	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-01	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-05	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-03-06	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-08	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-19	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-03-20	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-25	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-26	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-03	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-04	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-04-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-08	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-04-09	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-04-10	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-18	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside

6.3. Candlestick Patterns

Nicholas Financial Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Nicholas Financial Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	44.395
Ma 20	Greater than	Ma 50	6.809
Ma 50	Greater than	Ma 100	6.895
Ma 100	Greater than	Ma 200	6.932
Open	Greater than	Close	6.730
Total			1/5 (20.0%)

Create your own Symbol Scanner

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Quick analysis of Nicholas Financial Inc (30 sec.)

What can you expect buying and holding a share of Nicholas Financial Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Nicholas Financial Inc (5 min.)

$6.74

$8.10

$-4.07 - $7.38

$4.03 - $15.48

2. Growth of Nicholas Financial Inc (5 min.)

Is Nicholas Financial Inc growing?

How much money is Nicholas Financial Inc making?

How much money comes from the company's main activities?

3. Financial Health of Nicholas Financial Inc (5 min.)

4. Comparing to competitors in the Credit Services industry (5 min.)

Industry Rankings (Credit Services)

What can you expect buying and holding a share of Nicholas Financial Inc? (5 min.)

What can you expect buying and holding a share of Nicholas Financial Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Nicholas Financial Inc

About Nicholas Financial Inc

Financial Health

Valuation

1.1. Profitability of Nicholas Financial Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Credit Services)

1.1.2. Return on Assets

Trends

Compared to industry (Credit Services)

1.1.3. Return on Equity

Trends

Compared to industry (Credit Services)

1.2. Operating Efficiency of Nicholas Financial Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Credit Services)

1.2.2. Operating Ratio

Trends

Compared to industry (Credit Services)

1.3. Liquidity of Nicholas Financial Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Credit Services)

1.3.2. Quick Ratio

Trends

Compared to industry (Credit Services)

1.4. Solvency of Nicholas Financial Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Credit Services)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Credit Services)

2. Market Valuation of Nicholas Financial Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Credit Services)

Nicholas Financial Inc
Buy, Hold or Sell?