Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 68.5M | 57.5M | 65.2M | 72.7M |
| Operating Revenue | 68.7M | 57.8M | 64.4M | 72.6M |
| Cost Of Revenue | 54.4M | 50.1M | 49.2M | 44.7M |
| Gross Profit | 14.0M | 7.4M | 16.0M | 28.0M |
| Selling General And Administration | 6.1M | 6.1M | 6.8M | 6.6M |
| General And Administrative Expense | 6.1M | 6.1M | 6.8M | 6.6M |
| Other Operating Expenses | -- | -- | -- | 272,358 |
| Operating Expense | 6.1M | 6.1M | 6.8M | 6.6M |
| Operating Income | 7.9M | 1.3M | 9.2M | 21.4M |
| EBIT | -18.7M | -4.1M | 8.1M | 17.2M |
| Interest Expense | 2.9M | 2.4M | 2.4M | 1.4M |
| Interest Expense Non Operating | 2.9M | 2.4M | 2.4M | 1.4M |
| Net Interest Income | -2.9M | -2.4M | -2.4M | -1.4M |
| Other Income Expense | -26.7M | -5.4M | -1.1M | -4.1M |
| Other Non Operating Income Expenses | -24.5M | -- | -- | -- |
| Special Income Charges | 0.00 | -5.7M | 0.00 | -- |
| Gain On Sale Of Security | -2.2M | 340,571 | -1.1M | -4.1M |
| Pretax Income | -21.6M | -6.5M | 5.7M | 15.9M |
| Tax Provision | -3.0M | -697,123 | 9.1M | 8.9M |
| Tax Effect Of Unusual Items | -296,071 | -576,788 | -281,719 | -1.1M |
| Net Income From Continuing And Discontinued Operation | -17.1M | -5.7M | -3.7M | 5.8M |
| Net Income From Continuing Operation Net Minority Interest | -17.1M | -5.7M | -3.7M | 5.8M |
| Net Income Including Noncontrolling Interests | -18.7M | -5.8M | -3.4M | 7.0M |
| Minority Interests | 1.5M | 110,426 | -317,730 | -1.2M |
| Net Income Common Stockholders | -17.1M | -5.7M | -3.7M | 5.8M |
| Net Income | -17.1M | -5.7M | -3.7M | 5.8M |
| EBITDA | -7.0M | 7.9M | 21.9M | 30.2M |
| Normalized EBITDA | -4.9M | 13.3M | 23.0M | 34.3M |
| Reconciled Depreciation | 11.7M | 12.0M | 13.8M | 12.9M |
| Basic EPS | -0.14 | -0.05 | -0.03 | 0.05 |
| Diluted EPS | -0.14 | -0.05 | -0.03 | 0.05 |
| Basic Average Shares | 125.6M | 125.6M | 125.6M | 125.0M |
| Diluted Average Shares | 125.6M | 125.6M | 125.6M | 125.8M |
| Total Unusual Items | -2.2M | -5.4M | -1.1M | -4.1M |
| Total Unusual Items Excluding Goodwill | -2.2M | -5.4M | -1.1M | -4.1M |
| Tax Rate For Calcs | 0.14 | 0.11 | 0.26 | 0.27 |
| Normalized Income | -15.3M | -886,802 | -2.9M | 8.8M |
| Diluted NI Availto Com Stockholders | -17.1M | -5.7M | -3.7M | 5.8M |
| Impairment Of Capital Assets | 0.00 | 5.7M | 0.00 | -- |
| Net Income Continuous Operations | -18.7M | -5.8M | -3.4M | 7.0M |
| Net Non Operating Interest Income Expense | -2.9M | -2.4M | -2.4M | -1.4M |
| Other Gand A | 5.7M | 5.8M | 6.1M | 5.7M |
| Reconciled Cost Of Revenue | 54.4M | 50.1M | 49.2M | 44.7M |
| Salaries And Wages | 360,744 | 329,161 | 701,684 | 917,014 |
| Total Expenses | 60.5M | 56.3M | 56.0M | 51.3M |
| Total Operating Income As Reported | 7.9M | -4.4M | 9.2M | 21.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 3.1M | 8.3M | 15.2M | 14.6M |
| Cash Cash Equivalents And Short Term Investments | 3.1M | 8.3M | 15.2M | 14.6M |
| Cash Financial | 3.1M | 8.3M | 15.2M | 14.6M |
| Accounts Receivable | 5.2M | 4.9M | 6.8M | 2.0M |
| Receivables | 8.6M | 9.4M | 8.7M | 6.1M |
| Inventory | 12.0M | 14.0M | 12.3M | 12.5M |
| Prepaid Assets | 292,753 | 639,272 | 704,466 | 1.0M |
| Current Assets | 23.9M | 32.4M | 36.9M | 34.2M |
| Gross PPE | 193.1M | 189.9M | 180.0M | 163.7M |
| Accumulated Depreciation | -117.8M | -107.1M | -95.9M | -82.0M |
| Net PPE | 75.4M | 82.8M | 84.1M | 81.7M |
| Total Non Current Assets | 75.4M | 82.8M | 84.1M | 81.7M |
| Total Assets | 99.3M | 115.2M | 121.0M | 115.9M |
| Current Debt | 14.9M | 20.0M | 6.2M | 4.0M |
| Current Debt And Capital Lease Obligation | 18.5M | 20.5M | 6.7M | 4.2M |
| Accounts Payable | 7.0M | 9.4M | 6.9M | 5.9M |
| Payables | 12.7M | 9.5M | 9.0M | 12.8M |
| Payables And Accrued Expenses | 15.1M | 12.8M | 11.0M | 15.2M |
| Current Accrued Expenses | 2.4M | 3.3M | 2.0M | 2.4M |
| Other Current Liabilities | 129,061 | 1.1M | 1.0M | 1.1M |
| Current Liabilities | 35.2M | 34.4M | 18.7M | 20.5M |
| Long Term Debt | 7.0M | 6.0M | 15.7M | 6.0M |
| Long Term Debt And Capital Lease Obligation | 7.9M | 6.1M | 16.3M | 6.2M |
| Long Term Capital Lease Obligation | 845,266 | 125,711 | 601,767 | 232,022 |
| Other Non Current Liabilities | 78,947 | 52,240 | 1.0M | 2.0M |
| Total Non Current Liabilities Net Minority Interest | 22.6M | 20.0M | 35.3M | 24.1M |
| Total Liabilities Net Minority Interest | 57.8M | 54.4M | 54.1M | 44.6M |
| Common Stock | 43.7M | 43.7M | 43.7M | 43.7M |
| Capital Stock | 43.7M | 43.7M | 43.7M | 43.7M |
| Retained Earnings | -9.1M | 8.0M | 13.7M | 17.4M |
| Gains Losses Not Affecting Retained Earnings | 5.9M | 5.7M | 5.5M | 4.8M |
| Common Stock Equity | 40.5M | 57.5M | 62.9M | 65.9M |
| Stockholders Equity | 40.5M | 57.5M | 62.9M | 65.9M |
| Total Equity Gross Minority Interest | 41.4M | 60.8M | 66.9M | 71.3M |
| Minority Interest | 898,745 | 3.3M | 4.1M | 5.4M |
| Total Capitalization | 47.6M | 63.4M | 78.5M | 71.9M |
| Net Tangible Assets | 40.5M | 57.5M | 62.9M | 65.9M |
| Tangible Book Value | 40.5M | 57.5M | 62.9M | 65.9M |
| Working Capital | -11.3M | -2.1M | 18.2M | 13.7M |
| Invested Capital | 62.5M | 83.4M | 84.8M | 75.9M |
| Total Debt | 26.4M | 26.6M | 22.9M | 10.4M |
| Net Debt | 18.9M | 17.6M | 6.7M | -- |
| Share Issued | 125.6M | 125.6M | 125.6M | 125.6M |
| Ordinary Shares Number | 125.6M | 125.6M | 125.6M | 125.6M |
| Capital Lease Obligations | 1.5M | 698,328 | 1.0M | 452,212 |
| Current Capital Lease Obligation | 662,355 | 572,617 | 425,956 | 220,190 |
| Current Provisions | 1.5M | -- | -- | -- |
| Dueto Related Parties Current | 0.00 | 64,867 | 51,541 | 62,274 |
| Finished Goods | 9.1M | 10.6M | 9.5M | 8.5M |
| Hedging Assets Current | 27,832 | 0.00 | -- | 0.00 |
| Line Of Credit | 8.7M | 9.7M | -- | -- |
| Long Term Provisions | 1.8M | 2.8M | 2.7M | 3.2M |
| Machinery Furniture Equipment | 45.4M | 44.4M | 43.4M | 40.2M |
| Non Current Deferred Liabilities | 4.4M | 11.0M | 15.3M | 12.6M |
| Non Current Deferred Taxes Liabilities | 4.4M | 11.0M | 15.3M | 12.6M |
| Other Current Borrowings | 6.2M | 20.0M | 6.2M | 4.0M |
| Other Payable | 4.7M | -- | -- | -- |
| Other Properties | 5.7M | 4.2M | 4.9M | 3.8M |
| Other Receivables | 96,882 | 68,856 | 81,503 | 87,300 |
| Raw Materials | 2.9M | 3.4M | 2.8M | 3.9M |
| Taxes Receivable | 3.3M | 4.4M | 1.8M | 4.0M |
| Total Tax Payable | 1.0M | 0.00 | 2.0M | 6.8M |
| Tradeand Other Payables Non Current | 8.5M | 0.00 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 16.7M | 8.3M | 10.1M | 29.8M |
| Cash Flow From Continuing Operating Activities | 16.7M | 8.3M | 10.1M | 29.8M |
| Depreciation Amortization Depletion | 11.7M | 12.0M | 13.8M | 12.9M |
| Stock Based Compensation | 360,744 | 329,161 | 701,684 | 917,014 |
| Deferred Tax | -6.6M | -4.3M | 2.7M | -2.7M |
| Deferred Income Tax | -6.6M | -4.3M | 2.7M | -2.7M |
| Change In Working Capital | -272,467 | -1.4M | -5.7M | 7.1M |
| Change In Receivables | 842,637 | -2.4M | -2.2M | 4.7M |
| Change In Inventory | 977,405 | -1.7M | 337,989 | -2.5M |
| Change In Payables And Accrued Expense | -2.4M | 2.6M | -4.2M | 4.4M |
| Other Non Cash Items | 27.4M | 2.3M | 2.1M | 1.0M |
| Capital Expenditure | -9.8M | -11.0M | -12.9M | -19.1M |
| Purchase Of PPE | -1.1M | -875,374 | -3.2M | -7.0M |
| Net PPE Purchase And Sale | -1.1M | -875,374 | -3.2M | -7.0M |
| Purchase Of Business | -1.0M | -1.0M | -4.4M | -7.0M |
| Purchase Of Investment | -1.4M | -- | 0.00 | -3.4M |
| Sale Of Investment | -- | 46,859 | 0.00 | -- |
| Net Investment Purchase And Sale | -1.4M | 46,859 | 0.00 | -3.4M |
| Investing Cash Flow | -16.6M | -15.9M | -17.5M | -29.5M |
| Cash Flow From Continuing Investing Activities | -16.6M | -15.9M | -17.5M | -29.5M |
| Issuance Of Debt | 12.4M | 13.4M | 20.7M | 15.1M |
| Repayment Of Debt | -14.2M | -10.9M | -9.7M | -15.4M |
| Net Issuance Payments Of Debt | -1.8M | 2.5M | 11.1M | -240,692 |
| Financing Cash Flow | -5.3M | 708,459 | 8.1M | -2.3M |
| Cash Flow From Continuing Financing Activities | -5.3M | 708,459 | 8.1M | -2.3M |
| Effect Of Exchange Rate Changes | -32,473 | 19,800 | -73,968 | -440.00 |
| Changes In Cash | -5.2M | -7.0M | 681,244 | -2.0M |
| Beginning Cash Position | 8.3M | 15.2M | 14.6M | 16.7M |
| End Cash Position | 3.1M | 8.3M | 15.2M | 14.6M |
| Free Cash Flow | 6.9M | -2.7M | -2.9M | 10.8M |
| Asset Impairment Charge | 0.00 | 5.7M | 0.00 | -- |
| Capital Expenditure Reported | -8.7M | -10.1M | -9.7M | -12.1M |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Change In Prepaid Assets | 346,519 | 65,194 | 343,132 | 547,556 |
| Gain Loss On Investment Securities | 1.5M | 46,061 | -- | 3.7M |
| Interest Paid Cff | -2.7M | -1.1M | -1.3M | -840,792 |
| Interest Received Cfi | -- | -- | 0.00 | 6.00 |
| Long Term Debt Issuance | 12.4M | 13.4M | 20.7M | 15.1M |
| Long Term Debt Payments | -14.2M | -10.9M | -9.7M | -15.4M |
| Net Business Purchase And Sale | -1.0M | -1.0M | -4.4M | -7.0M |
| Net Foreign Currency Exchange Gain Loss | 1.3M | -546,128 | -109,381 | -130,284 |
| Net Income From Continuing Operations | -18.7M | -5.8M | -3.4M | 7.0M |
| Net Long Term Debt Issuance | -1.8M | 2.5M | 11.1M | -240,692 |
| Net Other Financing Charges | -874,106 | -631,931 | -1.7M | -1.9M |
| Net Other Investing Changes | -4.3M | -4.0M | -119,817 | -- |
| Operating Gains Losses | 2.7M | -500,067 | -109,381 | 3.6M |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 624,742 |