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 | 37.4M | 25.2M | 28.9M | 24.5M |
| Operating Revenue | 37.4M | 25.2M | 28.9M | 24.5M |
| Cost Of Revenue | 27.4M | 18.1M | 20.1M | 18.2M |
| Gross Profit | 10.1M | 7.0M | 8.8M | 6.2M |
| Selling General And Administration | 5.6M | 3.9M | 5.8M | 3.9M |
| General And Administrative Expense | 2.1M | 1.6M | 3.2M | 1.8M |
| Research And Development | 43,859 | 30,440 | 97,123 | 14,223 |
| Other Operating Expenses | -- | 23,516 | 238,116 | -25,000 |
| Operating Expense | 5.7M | 3.9M | 6.1M | 3.9M |
| Operating Income | 4.4M | 3.1M | 2.6M | 2.3M |
| EBIT | 4.3M | 3.1M | 2.6M | 2.1M |
| Interest Expense | 195,476 | 273,435 | 257,179 | 35,860 |
| Interest Expense Non Operating | 195,476 | 273,435 | 257,179 | 35,860 |
| Net Interest Income | -195,476 | -273,435 | -257,179 | -35,860 |
| Other Income Expense | -49,793 | -23,516 | -238,116 | -263,677 |
| Gain On Sale Of Security | -49,793 | -23,516 | -238,116 | -263,677 |
| Pretax Income | 4.1M | 2.8M | 2.4M | 2.0M |
| Tax Provision | 1.1M | 609,741 | 770,351 | 736,991 |
| Tax Effect Of Unusual Items | -13,260 | -5,141 | 0.00 | -95,524 |
| Net Income From Continuing And Discontinued Operation | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Income From Continuing Operation Net Minority Interest | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Income Including Noncontrolling Interests | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Income Common Stockholders | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Income | 3.0M | 2.2M | 1.6M | 1.3M |
| EBITDA | 4.8M | 3.4M | 3.0M | 2.4M |
| Normalized EBITDA | 4.9M | 3.5M | 3.0M | 2.7M |
| Reconciled Depreciation | 473,126 | 382,706 | 350,648 | 343,624 |
| Basic EPS | 0.19 | 0.14 | 0.10 | 0.04 |
| Diluted EPS | 0.16 | 0.13 | 0.09 | 0.04 |
| Basic Average Shares | 15.8M | 15.7M | 15.5M | 35.9M |
| Diluted Average Shares | 18.7M | 17.1M | 17.6M | 37.4M |
| Total Unusual Items | -49,793 | -23,516 | -238,116 | -263,677 |
| Total Unusual Items Excluding Goodwill | -49,793 | -23,516 | -238,116 | -263,677 |
| Tax Rate For Calcs | 0.27 | 0.22 | 0.32 | 0.36 |
| Normalized Income | 3.1M | 2.2M | 1.6M | 1.5M |
| Diluted NI Availto Com Stockholders | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Income Continuous Operations | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Non Operating Interest Income Expense | -195,476 | -273,435 | -257,179 | -35,860 |
| Other Gand A | 2.1M | 1.6M | 3.2M | 1.8M |
| Reconciled Cost Of Revenue | 27.4M | 18.1M | 20.1M | 18.2M |
| Selling And Marketing Expense | 3.5M | 2.3M | 2.6M | 2.1M |
| Total Expenses | 33.0M | 22.1M | 26.2M | 22.1M |
| Total Operating Income As Reported | 4.3M | 3.1M | 2.6M | 2.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 5.2M | 2.3M | 3.8M | 4.5M |
| Cash Cash Equivalents And Short Term Investments | 5.2M | 2.3M | 3.8M | 4.5M |
| Cash Financial | 5.2M | 2.3M | 3.8M | 4.5M |
| Accounts Receivable | 11.9M | 11.1M | 8.4M | 6.5M |
| Receivables | 14.9M | 14.1M | 12.2M | 10.1M |
| Inventory | 2.9M | 901,139 | 888,045 | 901,670 |
| Prepaid Assets | 1.5M | 2.3M | 870,618 | 658,884 |
| Current Assets | 24.5M | 19.6M | 17.8M | 16.2M |
| Gross PPE | 5.9M | 5.8M | 5.2M | 4.9M |
| Accumulated Depreciation | -3.9M | -3.8M | -4.1M | -3.7M |
| Net PPE | 2.0M | 2.0M | 1.0M | 1.1M |
| Total Non Current Assets | 4.0M | 4.4M | 3.0M | 3.0M |
| Total Assets | 28.5M | 24.1M | 20.7M | 19.2M |
| Current Debt | 570,512 | 547,478 | 1.3M | 1.5M |
| Current Debt And Capital Lease Obligation | 690,073 | 723,163 | 1.5M | 1.7M |
| Accounts Payable | 4.0M | 6.1M | 4.7M | 5.1M |
| Payables | 5.0M | 6.3M | 5.6M | 5.5M |
| Payables And Accrued Expenses | 7.4M | 8.4M | 8.3M | 8.0M |
| Current Accrued Expenses | 2.4M | 2.1M | 2.7M | 2.5M |
| Current Deferred Revenue | 6.4M | 4.3M | 2.6M | 3.0M |
| Current Liabilities | 15.0M | 13.9M | 12.9M | 13.2M |
| Long Term Debt | 1.9M | 2.4M | 3.0M | 3.5M |
| Long Term Debt And Capital Lease Obligation | 2.9M | 3.5M | 3.3M | 4.0M |
| Long Term Capital Lease Obligation | 1.0M | 1.0M | 312,439 | 469,916 |
| Total Non Current Liabilities Net Minority Interest | 2.9M | 3.5M | 3.3M | 4.0M |
| Total Liabilities Net Minority Interest | 17.9M | 17.4M | 16.2M | 17.2M |
| Common Stock | 5.2M | 5.0M | 4.9M | 4.9M |
| Capital Stock | 5.2M | 5.0M | 4.9M | 4.9M |
| Additional Paid In Capital | 2.5M | 2.4M | 2.3M | 2.2M |
| Retained Earnings | 1.1M | -1.9M | -4.1M | -5.7M |
| Gains Losses Not Affecting Retained Earnings | 1.8M | 1.3M | 1.4M | 597,343 |
| Other Equity Adjustments | 1.8M | 1.3M | 1.4M | 597,343 |
| Common Stock Equity | 10.6M | 6.7M | 4.5M | 2.0M |
| Stockholders Equity | 10.6M | 6.7M | 4.5M | 2.0M |
| Total Equity Gross Minority Interest | 10.6M | 6.7M | 4.5M | 2.0M |
| Total Capitalization | 12.5M | 9.1M | 7.5M | 5.5M |
| Net Tangible Assets | 10.6M | 6.7M | 4.5M | 2.0M |
| Tangible Book Value | 10.6M | 6.7M | 4.5M | 2.0M |
| Working Capital | 9.5M | 5.7M | 4.9M | 2.9M |
| Invested Capital | 13.1M | 9.7M | 8.8M | 7.0M |
| Total Debt | 3.6M | 4.2M | 4.7M | 5.7M |
| Net Debt | -- | 684,338 | 501,223 | 538,696 |
| Share Issued | 16.1M | 15.7M | 15.5M | 15.5M |
| Ordinary Shares Number | 16.1M | 15.7M | 15.5M | 15.5M |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -1.0M |
| Capital Lease Obligations | 1.1M | 1.2M | 469,915 | 655,603 |
| Current Capital Lease Obligation | 119,561 | 175,685 | 157,476 | 185,687 |
| Current Deferred Liabilities | 6.4M | 4.3M | 2.6M | 3.0M |
| Current Provisions | 538,367 | 425,758 | 621,988 | 490,225 |
| Finished Goods | 2.6M | 847,072 | 719,279 | 730,104 |
| Gross Accounts Receivable | -- | -- | -- | 7.6M |
| Income Tax Payable | 959,573 | 169,806 | 893,426 | 445,831 |
| Leases | 889,894 | 882,141 | 903,279 | 886,247 |
| Line Of Credit | -- | -- | -- | 1.0M |
| Machinery Furniture Equipment | 902,180 | 990,212 | 899,824 | 695,684 |
| Non Current Accounts Receivable | 811,293 | 971,659 | -- | -- |
| Non Current Deferred Assets | 1.2M | 1.5M | 1.9M | 1.9M |
| Non Current Deferred Taxes Assets | 1.2M | 1.5M | 1.9M | 1.9M |
| Other Current Borrowings | 570,512 | 547,478 | 1.3M | 1.5M |
| Other Properties | 4.1M | 3.9M | 3.4M | 3.3M |
| Other Receivables | 3.0M | 3.0M | 3.9M | 3.6M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | 304,453 | 54,067 | 168,766 | 171,566 |
| Total Tax Payable | 959,573 | 169,806 | 893,426 | 445,831 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 3.7M | 490,033 | 1.4M | 3.8M |
| Cash Flow From Continuing Operating Activities | 3.7M | 490,033 | 1.4M | 3.8M |
| Depreciation And Amortization | 473,126 | 382,706 | 350,648 | 343,624 |
| Depreciation Amortization Depletion | 473,126 | 382,706 | 350,648 | 343,624 |
| Stock Based Compensation | 143,070 | 127,650 | 93,693 | 8,439 |
| Deferred Tax | 383,439 | 458,661 | 83,655 | 381,922 |
| Deferred Income Tax | 383,439 | 458,661 | 83,655 | 381,922 |
| Change In Working Capital | -441,498 | -2.7M | -735,754 | 1.7M |
| Changes In Account Receivables | 44,259 | -4.0M | -1.3M | -185,626 |
| Change In Receivables | 239,457 | -3.0M | -1.7M | -2.5M |
| Change In Inventory | -1.8M | -39,022 | 245,499 | 43,110 |
| Change In Payables And Accrued Expense | -1.5M | 214,811 | 1.1M | 3.9M |
| Change In Payable | -1.8M | 676,404 | 1.1M | 3.6M |
| Change In Other Working Capital | 1.8M | 1.6M | -277,045 | 162,711 |
| Other Non Cash Items | 83,226 | 84,127 | 39,615 | 50,541 |
| Capital Expenditure | -372,001 | -552,872 | -203,289 | -75,979 |
| Purchase Of PPE | -372,001 | -552,872 | -203,289 | -75,979 |
| Net PPE Purchase And Sale | -372,001 | -552,872 | -203,289 | -75,979 |
| Investing Cash Flow | -372,001 | -552,872 | -203,289 | -75,979 |
| Cash Flow From Continuing Investing Activities | -372,001 | -552,872 | -203,289 | -75,979 |
| Issuance Of Debt | -- | -- | -- | 5.0M |
| Repayment Of Debt | -728,940 | -1.4M | -953,798 | -239,125 |
| Net Issuance Payments Of Debt | -728,940 | -1.4M | -953,798 | 4.8M |
| Issuance Of Capital Stock | 156,900 | 69,000 | 2,000 | -- |
| Repurchase Of Capital Stock | -- | -- | 0.00 | -12.4M |
| Net Common Stock Issuance | 156,900 | 69,000 | 2,000 | -12.4M |
| Common Stock Payments | -- | -- | 0.00 | -12.4M |
| Financing Cash Flow | -572,040 | -1.3M | -951,798 | -7.6M |
| Cash Flow From Continuing Financing Activities | -572,040 | -1.3M | -951,798 | -7.6M |
| Effect Of Exchange Rate Changes | 179,998 | -91,149 | -986,113 | -548,247 |
| Changes In Cash | 2.7M | -1.4M | 289,827 | -3.8M |
| Beginning Cash Position | 2.3M | 3.8M | 4.5M | 8.9M |
| End Cash Position | 5.2M | 2.3M | 3.8M | 4.5M |
| Free Cash Flow | 3.3M | -62,839 | 1.2M | 3.7M |
| Change In Account Payable | -2.5M | 1.4M | 743,500 | 3.3M |
| Change In Accrued Expense | 232,574 | -461,593 | 57,027 | 320,748 |
| Change In Income Tax Payable | 750,658 | -704,404 | 348,203 | 304,250 |
| Change In Prepaid Assets | 835,072 | -1.4M | -130,226 | 145,267 |
| Change In Tax Payable | 750,658 | -704,404 | 348,203 | 304,250 |
| Common Stock Issuance | 156,900 | 69,000 | 2,000 | -- |
| Depreciation | 473,126 | 382,706 | 350,648 | 343,624 |
| Long Term Debt Issuance | -- | -- | -- | 5.0M |
| Long Term Debt Payments | -728,940 | -1.4M | -718,799 | -239,125 |
| Net Income From Continuing Operations | 3.0M | 2.2M | 1.6M | 1.3M |
| Net Long Term Debt Issuance | -728,940 | -1.4M | -718,799 | 4.8M |
| Net Short Term Debt Issuance | -- | -775,001 | -234,999 | -- |
| Proceeds From Stock Option Exercised | -- | -- | 2,000 | 84,575 |
| Short Term Debt Payments | -- | -775,001 | -234,999 | -- |