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 | 71.0M | 55.0M | 63.5M | 38.4M |
| Operating Revenue | 71.0M | 55.0M | 63.5M | 38.4M |
| Cost Of Revenue | 34.6M | 28.5M | 29.6M | 16.7M |
| Gross Profit | 36.4M | 26.6M | 33.9M | 21.7M |
| Selling General And Administration | 6.1M | 6.2M | 4.2M | 3.3M |
| General And Administrative Expense | 6.1M | 6.2M | 4.2M | 3.3M |
| Research And Development | 1.5M | 1.2M | 1.4M | 769,345 |
| Depreciation And Amortization In Income Statement | 469,806 | 334,998 | 324,196 | 341,988 |
| Other Operating Expenses | 882,842 | 126,770 | 147,349 | 3.8M |
| Operating Expense | 8.9M | 7.8M | 6.1M | 8.2M |
| Operating Income | 27.5M | 18.7M | 27.8M | 13.6M |
| EBIT | 30.2M | 19.8M | 27.0M | 14.0M |
| Interest Expense | 256,480 | 357,197 | 344,607 | 487,632 |
| Interest Expense Non Operating | 256,480 | 357,197 | 344,607 | 487,632 |
| Interest Income | 2.5M | 1.2M | 575,967 | 453,183 |
| Interest Income Non Operating | 2.5M | 1.2M | 575,967 | 453,183 |
| Net Interest Income | 2.3M | 880,481 | 231,360 | -34,449 |
| Other Income Expense | 222,790 | -178,604 | -1.3M | 12,830 |
| Other Non Operating Income Expenses | -176,215 | -1,441 | -147,988 | -19,563 |
| Special Income Charges | 1,655 | -60,355 | 1,754 | -221,219 |
| Gain On Sale Of Security | 397,350 | -116,808 | -1.2M | 253,612 |
| Pretax Income | 30.0M | 19.4M | 26.7M | 13.5M |
| Tax Provision | 9.4M | 7.2M | 9.2M | 5.8M |
| Tax Effect Of Unusual Items | 125,485 | -65,686 | -409,123 | 8,584 |
| Net Income From Continuing And Discontinued Operation | 9.9M | 7.6M | 11.1M | 4.5M |
| Net Income From Continuing Operation Net Minority Interest | 9.9M | 7.6M | 11.1M | 4.5M |
| Net Income Including Noncontrolling Interests | 20.5M | 12.2M | 17.4M | 7.7M |
| Minority Interests | -10.6M | -4.7M | -6.3M | -3.2M |
| Net Income Common Stockholders | 9.9M | 7.6M | 11.1M | 4.5M |
| Net Income | 9.9M | 7.6M | 11.1M | 4.5M |
| EBITDA | 40.2M | 26.4M | 34.0M | 18.2M |
| Normalized EBITDA | 39.8M | 26.5M | 35.2M | 18.2M |
| Reconciled Depreciation | 9.9M | 6.6M | 7.0M | 4.2M |
| Basic EPS | 0.01 | 0.01 | 0.01 | 0.01 |
| Diluted EPS | 0.01 | 0.01 | 0.01 | 0.01 |
| Basic Average Shares | 1.0B | 1.0B | 1.0B | 1.0B |
| Diluted Average Shares | 1.0B | 1.0B | 1.0B | 1.0B |
| Total Unusual Items | 399,005 | -177,163 | -1.2M | 32,393 |
| Total Unusual Items Excluding Goodwill | 399,005 | -177,163 | -1.2M | 32,393 |
| Tax Rate For Calcs | 0.31 | 0.37 | 0.35 | 0.27 |
| Normalized Income | 9.7M | 7.7M | 11.9M | 4.5M |
| Depreciation Amortization Depletion Income Statement | 469,806 | 334,998 | 324,196 | 341,988 |
| Depreciation Income Statement | 469,806 | 334,998 | 324,196 | 341,988 |
| Diluted NI Availto Com Stockholders | 9.9M | 7.6M | 11.1M | 4.5M |
| Gain On Sale Of Ppe | 1,655 | -716.00 | 1,754 | -151,019 |
| Impairment Of Capital Assets | 0.00 | 59,639 | 0.00 | 70,200 |
| Net Income Continuous Operations | 20.5M | 12.2M | 17.4M | 7.7M |
| Net Non Operating Interest Income Expense | 2.3M | 880,481 | 231,360 | -34,449 |
| Other Gand A | 3.7M | 5.1M | 3.3M | 2.5M |
| Reconciled Cost Of Revenue | 25.1M | 22.2M | 22.9M | 12.9M |
| Salaries And Wages | 2.4M | 1.1M | 893,086 | 750,390 |
| Total Expenses | 43.5M | 36.3M | 35.7M | 24.9M |
| Total Operating Income As Reported | 27.6M | 18.8M | 27.9M | 12.7M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 11.8M | 98.0M | 45.4M | 34.9M |
| Cash Cash Equivalents And Short Term Investments | 11.8M | 98.0M | 52.7M | 34.9M |
| Cash Financial | 11.8M | 98.0M | 45.4M | 34.9M |
| Other Short Term Investments | -- | 0.00 | 7.4M | 0.00 |
| Receivables | 1.6M | 1.0M | 1.2M | 272,700 |
| Inventory | 2.5M | 3.1M | 2.7M | 3.1M |
| Prepaid Assets | 1.0M | 247,326 | 789,272 | 596,532 |
| Other Current Assets | -- | -- | -- | 156,845 |
| Current Assets | 105.9M | 102.3M | 57.4M | 38.8M |
| Gross PPE | 140.2M | 133.7M | 125.0M | 129.4M |
| Accumulated Depreciation | -62.4M | -53.0M | -47.1M | -44.1M |
| Net PPE | 77.8M | 80.7M | 77.9M | 85.3M |
| Investments And Advances | 173,750 | 0.00 | -- | -- |
| Other Non Current Assets | 2.9M | 3.2M | 3.5M | 3.1M |
| Total Non Current Assets | 82.1M | 84.9M | 82.2M | 89.2M |
| Total Assets | 187.9M | 187.2M | 139.6M | 128.0M |
| Current Debt | -- | 4.2M | 4.3M | 4.7M |
| Current Debt And Capital Lease Obligation | 112,917 | 4.3M | 4.3M | 4.7M |
| Accounts Payable | 5.0M | 6.3M | 4.9M | 5.9M |
| Payables | 18.1M | 20.4M | 15.5M | 18.7M |
| Payables And Accrued Expenses | 18.1M | 20.4M | 15.5M | 18.7M |
| Current Accrued Expenses | 0.00 | 4,436 | 5,743 | 5,686 |
| Other Current Liabilities | 148,684 | 150,903 | 153,462 | 167,636 |
| Current Liabilities | 19.5M | 25.9M | 21.1M | 24.8M |
| Long Term Debt And Capital Lease Obligation | 18,914 | 29,123 | 51,751 | 78,919 |
| Long Term Capital Lease Obligation | 18,914 | 29,123 | 51,751 | 78,919 |
| Other Non Current Liabilities | 816,189 | 926,481 | 1.0M | 1.2M |
| Total Non Current Liabilities Net Minority Interest | 8.7M | 9.1M | 9.2M | 10.5M |
| Total Liabilities Net Minority Interest | 28.2M | 34.9M | 30.3M | 35.2M |
| Common Stock | 122.8M | 122.8M | 122.8M | 122.8M |
| Capital Stock | 122.8M | 122.8M | 122.8M | 122.8M |
| Retained Earnings | -24.7M | -27.2M | -45.5M | -54.5M |
| Gains Losses Not Affecting Retained Earnings | 9.9M | 10.2M | 9.8M | 14.1M |
| Other Equity Adjustments | -- | -- | 5.0M | 3.2M |
| Common Stock Equity | 107.9M | 105.7M | 87.1M | 82.4M |
| Stockholders Equity | 107.9M | 105.7M | 87.1M | 82.4M |
| Total Equity Gross Minority Interest | 159.7M | 152.3M | 109.3M | 92.8M |
| Minority Interest | 51.8M | 46.6M | 22.3M | 10.4M |
| Total Capitalization | 107.9M | 105.7M | 87.1M | 82.4M |
| Net Tangible Assets | 107.9M | 105.7M | 87.1M | 82.4M |
| Tangible Book Value | 107.9M | 105.7M | 87.1M | 82.4M |
| Working Capital | 86.3M | 76.5M | 36.4M | 14.1M |
| Invested Capital | 107.9M | 110.0M | 91.4M | 87.1M |
| Total Debt | 131,831 | 4.3M | 4.4M | 4.8M |
| Share Issued | 1.0B | 1.0B | 1.0B | 1.0B |
| Ordinary Shares Number | 1.0B | 1.0B | 1.0B | 1.0B |
| Buildings And Improvements | 14.1M | 13.9M | 14.2M | 15.6M |
| Capital Lease Obligations | 131,831 | 55,357 | 77,154 | 104,919 |
| Current Capital Lease Obligation | 112,917 | 26,234 | 25,403 | 26,000 |
| Current Provisions | 1.2M | 1.1M | 1.1M | 1.2M |
| Duefrom Related Parties Current | 1.4M | 0.00 | 1.0M | 0.00 |
| Dueto Related Parties Current | -- | -- | 0.00 | 5.6M |
| Foreign Currency Translation Adjustments | -- | -- | -6.8M | -704,995 |
| Income Tax Payable | 13.0M | 14.1M | 10.6M | 7.1M |
| Interest Payable | 0.00 | 4,436 | 5,743 | 5,686 |
| Investmentin Financial Assets | 173,750 | 0.00 | -- | -- |
| Land And Improvements | -- | 17.9M | 18.2M | 19.9M |
| Line Of Credit | 0.00 | 4.2M | 4.3M | 4.7M |
| Loans Receivable | 0.00 | 56,475 | 57,432 | 156,845 |
| Long Term Provisions | 5.4M | 6.0M | 6.7M | 8.1M |
| Machinery Furniture Equipment | 32.2M | 30.9M | 30.3M | 30.8M |
| Non Current Deferred Assets | 1.1M | 949,827 | 847,975 | 848,205 |
| Non Current Deferred Liabilities | 2.4M | 2.1M | 1.4M | 1.1M |
| Non Current Deferred Taxes Assets | 1.1M | 949,827 | 847,975 | 848,205 |
| Non Current Deferred Taxes Liabilities | 2.4M | 2.1M | 1.4M | 1.1M |
| Non Current Note Receivables | -- | -- | 937,093 | 620,168 |
| Non Current Prepaid Assets | -- | -- | -- | 2.5M |
| Other Current Borrowings | -- | -- | -- | 4.7M |
| Other Equity Interest | -- | -- | 11.6M | 11.6M |
| Other Properties | -- | -- | 39.9M | 38.9M |
| Other Receivables | 205,534 | 957,588 | 125,500 | 109,192 |
| Raw Materials | 2.5M | 3.1M | 2.7M | 3.1M |
| Restricted Cash | 88.9M | 82.8M | 40.4M | 28.5M |
| Taxes Receivable | 5,452 | 16,255 | 7,700 | 6,663 |
| Total Tax Payable | 13.0M | 14.1M | 10.6M | 7.1M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 28.5M | 24.5M | 30.3M | 15.5M |
| Cash Flow From Continuing Operating Activities | 28.5M | 24.5M | 30.3M | 15.5M |
| Depreciation Amortization Depletion | 9.9M | 6.6M | 7.0M | 4.2M |
| Deferred Tax | 9.4M | 7.2M | 9.2M | 5.8M |
| Deferred Income Tax | 9.4M | 7.2M | 9.2M | 5.8M |
| Change In Working Capital | -1.4M | 961,098 | 1.1M | -1.1M |
| Change In Receivables | -598,612 | -840,643 | 68,805 | -97,548 |
| Change In Inventory | 559,271 | -449,045 | 168,124 | 1.4M |
| Change In Payables And Accrued Expense | -434,412 | 1.8M | -5.8M | -1.9M |
| Change In Other Working Capital | -261,225 | -123,470 | 6.9M | -274,469 |
| Change In Other Current Liabilities | 89,697 | 219.00 | -597.00 | -36,996 |
| Other Non Cash Items | 347,624 | 454,891 | 442,808 | 598,383 |
| Capital Expenditure | -8.0M | -10.8M | -7.4M | -8.9M |
| Purchase Of PPE | -- | -- | -- | -8.9M |
| Net PPE Purchase And Sale | 1,655 | 834.00 | 1,754 | 7,999 |
| Purchase Of Investment | -- | -- | -7.4M | 0.00 |
| Net Investment Purchase And Sale | -181,600 | 7.4M | -7.4M | 0.00 |
| Investing Cash Flow | -8.4M | -3.7M | -15.1M | -8.0M |
| Cash Flow From Continuing Investing Activities | -8.4M | -3.7M | -15.1M | -8.0M |
| Issuance Of Debt | 0.00 | 4.3M | 4.4M | 6.2M |
| Repayment Of Debt | -4.2M | -4.3M | -4.4M | -6.2M |
| Net Issuance Payments Of Debt | -4.2M | 0.00 | 0.00 | 0.00 |
| Issuance Of Capital Stock | 0.00 | 35.2M | 0.00 | -- |
| Repurchase Of Capital Stock | -- | 0.00 | -36,538 | -205,992 |
| Net Common Stock Issuance | 0.00 | 35.2M | -36,538 | -205,992 |
| Common Stock Dividend Paid | -5.1M | 0.00 | -- | -- |
| Common Stock Payments | -- | 0.00 | -36,538 | -205,992 |
| Financing Cash Flow | -15.5M | 32.0M | -1.5M | -7.0M |
| Cash Flow From Continuing Financing Activities | -15.5M | 32.0M | -1.5M | -7.0M |
| Effect Of Exchange Rate Changes | -1.9M | -249,879 | -3.2M | 628,050 |
| Changes In Cash | 4.7M | 52.9M | 13.7M | 465,550 |
| Beginning Cash Position | 98.0M | 45.4M | 34.9M | 33.8M |
| End Cash Position | 100.7M | 98.0M | 45.4M | 34.9M |
| Free Cash Flow | 20.5M | 13.7M | 22.9M | 6.5M |
| Asset Impairment Charge | -- | -- | 0.00 | 70,200 |
| Capital Expenditure Reported | -8.0M | -10.8M | -7.4M | -8.9M |
| Cash Dividends Paid | -5.1M | 0.00 | -- | -- |
| Change In Prepaid Assets | -789,147 | 541,946 | -192,740 | -132,469 |
| Common Stock Issuance | 0.00 | 35.2M | 0.00 | -- |
| Gain Loss On Sale Of PPE | -1,655 | 163,003 | -1,754 | 151,019 |
| Interest Paid Cfo | -114,336 | -187,669 | -139,053 | -459,423 |
| Long Term Debt Issuance | -- | -- | 4.4M | 6.2M |
| Long Term Debt Payments | -- | -- | -4.4M | -6.2M |
| Net Income From Continuing Operations | 20.5M | 12.2M | 17.4M | 7.7M |
| Net Long Term Debt Issuance | -- | -- | 0.00 | 0.00 |
| Net Other Financing Charges | -6.2M | -3.2M | -1.4M | -6.7M |
| Net Other Investing Changes | -236,021 | -232,080 | -288,398 | 898,086 |
| Net Short Term Debt Issuance | -4.2M | 0.00 | 0.00 | -- |
| Operating Gains Losses | -1,655 | 163,003 | -1,754 | 151,019 |
| Sale Of PPE | 1,655 | 834.00 | 1,754 | 7,999 |
| Short Term Debt Issuance | 0.00 | 4.3M | 4.4M | -- |
| Short Term Debt Payments | -4.2M | -4.3M | -4.4M | -- |
| Taxes Refund Paid | -10.2M | -2.9M | -4.8M | -1.6M |