Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

Ratio	FY2025	FY2024	FY2023	FY2022
Gross margin	9.6%	21.0%	24.0%	10.3%
Operating margin	0.9%	14.3%	17.8%	4.0%
Net margin	2.5%	7.2%	10.5%	1.0%
Return on assets	2.6%	10.4%	19.2%	1.6%
Return on equity	3.5%	14.2%	28.1%	2.9%
Current ratio	4.52	5.05	3.29	1.87

Computed from company filings · AR · as of 2025-05-31. Figures in ARS. Facts plus Stocktoria's own computed scores — not investment advice.