Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | 212.0M | 287.0M | 278.0M | 211.0M | 175.0M |
| Revenue Growth % | -26.1% | 3.2% | 31.8% | 20.6% | -- |
| Total Revenue | 212.0M | 287.0M | 278.0M | 211.0M | 175.0M |
| Cost Of Revenue | 76.4M | 108.0M | 79.9M | 48.5M | 44.9M |
| Gross Profit | 135.6M | 179.0M | 198.1M | 162.5M | 130.1M |
| Gross Margin % | 64.0% | 62.4% | 71.3% | 77.0% | 74.3% |
| Total Operating Cost | 268.0M | 218.0M | 158.0M | 111.0M | 137.0M |
| Selling Expenses | 10.8M | 10.2M | 9.9M | 8.3M | 9.9M |
| Admin Expenses | 28.8M | 25.4M | 17.7M | 14.6M | 49.4M |
| Rd Expenses | 87.9M | 68.0M | 43.3M | 29.8M | 27.1M |
| Finance Expenses | -4.6M | -7.2M | -1.4M | -296,600 | 91,900 |
| Operating Income | -37.7M | 83.3M | 140.0M | 152.0M | 49.4M |
| Operating Margin % | -17.8% | 29.0% | 50.4% | 72.0% | 28.2% |
| Non Operating Income | 26,000 | 21,000 | 2.0M | 3.0M | 3,600 |
| Non Operating Expenses | 140,500 | 3.5M | 3,000 | 68,200 | 1,100 |
| Investment Income | 502,700 | 1.8M | 3.9M | 3.6M | 847,000 |
| Fair Value Change Income | 251,000 | 2.3M | 964,900 | 1.3M | -- |
| Asset Disposal Income | 4,700 | -38,300 | -- | -6,800 | -9,400 |
| Asset Impairment Loss | 18.5M | 78,500 | 1.0M | 194,900 | 893,600 |
| Other Income | 17.7M | 10.2M | 15.2M | 46.7M | 10.5M |
| Income Before Tax | -37.8M | 79.8M | 142.0M | 155.0M | 49.4M |
| Income Tax | -6.7M | 129,300 | 9.5M | -5.4M | 4.0M |
| Net Income | -31.1M | 79.7M | 133.0M | 160.0M | 45.5M |
| Net Margin % | -14.7% | 27.8% | 47.8% | 75.8% | 26.0% |
| Net Income Attributable | -31.1M | 79.7M | 133.0M | 160.0M | 45.5M |
| Eps Basic | -0.15 | 0.39 | 0.95 | 1.91 | 0.62 |
| Eps Diluted | -0.15 | 0.39 | 0.95 | 1.91 | 0.62 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 368.0M | 507.0M | 498.0M | 66.6M | 255.0M |
| Trading Financial Assets | -- | -- | 190.0M | 191.0M | -- |
| Accounts Receivable | 427.0M | 411.0M | 260.0M | 191.0M | 110.0M |
| Notes Receivable | 63.9M | 42.2M | 112.0M | 92.9M | 66.0M |
| Notes And Accounts Receivable | 491.0M | 453.0M | 371.0M | 284.0M | 176.0M |
| Prepayments | 15.2M | 13.6M | 20.5M | 12.7M | 3.5M |
| Inventory | 202.0M | 187.0M | 126.0M | 79.5M | 51.4M |
| Total Current Assets | 1.1B | 1.2B | 1.2B | 633.0M | 486.0M |
| Fixed Assets | -- | 123.0M | 57.8M | 31.8M | 26.2M |
| Fixed Assets Total | 283.0M | 123.0M | 57.8M | 31.8M | 26.2M |
| Construction In Progress | -- | 43.9M | 5.8M | 12.6M | -- |
| Construction In Progress Total | 7.5M | 43.9M | 5.8M | 12.6M | -- |
| Intangible Assets | 5.3M | 7.7M | 9.0M | 10.9M | 13.1M |
| Long Term Deferred Expenses | 17.4M | 11.0M | -- | -- | 352,800 |
| Total Non Current Assets | 424.0M | 314.0M | 212.0M | 117.0M | 102.0M |
| Total Assets | 1.5B | 1.5B | 1.4B | 751.0M | 588.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 20.1M | 36.8M | 13.3M | 2.4M | 949,900 |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 273,000 | 8,800 | 6.6M | 14.7M | 16.6M |
| Total Current Liabilities | 107.0M | 50.3M | 39.2M | 35.9M | 35.4M |
| Total Non Current Liabilities | 30.6M | 22.1M | 14.3M | 17.2M | 15.9M |
| Total Liabilities | 137.0M | 72.4M | 53.5M | 53.1M | 51.3M |
| Paid In Capital | 207.0M | 157.0M | 112.0M | 83.9M | 83.9M |
| Capital Reserve | 875.0M | 841.0M | 885.0M | 404.0M | 404.0M |
| Surplus Reserve | 42.2M | 42.2M | 34.2M | 20.9M | 4.9M |
| Retained Earnings | 277.0M | 339.0M | 308.0M | 188.0M | 44.2M |
| Equity Attributable | 1.4B | 1.4B | 1.4B | 698.0M | 537.0M |
| Total Equity | 1.4B | 1.4B | 1.4B | 698.0M | 537.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 150.0M | 223.0M | 211.0M | 119.0M | 137.0M |
| Tax Refunds Received | 20.6M | -- | -- | 35.9M | -- |
| Total Operating Cash Inflow | 187.0M | 248.0M | 222.0M | 173.0M | 154.0M |
| Cash Paid For Goods | 145.0M | 170.0M | 135.0M | 83.7M | 62.3M |
| Cash Paid To Employees | 71.7M | 59.8M | 47.1M | 33.1M | 24.0M |
| Taxes Paid | 1.6M | 12.6M | 29.5M | 19.0M | 13.3M |
| Total Operating Cash Outflow | 235.0M | 263.0M | 228.0M | 151.0M | 111.0M |
| Operating Cash Flow | -47.6M | -14.5M | -5.1M | 21.9M | 43.2M |
| Total Investing Cash Inflow | 221.0M | 774.0M | 985.0M | 1.0B | 136.0M |
| Total Investing Cash Outflow | 366.0M | 697.0M | 1.1B | 1.3B | 173.0M |
| Investing Cash Flow | -145.0M | 77.8M | -70.4M | -209.0M | -36.8M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 31.3M | 40.3M | -- | -- | 80.2M |
| Debt Repayments | -- | -- | -- | -- | 10.0M |
| Total Financing Cash Inflow | 84.9M | -- | 536.0M | -- | 309.0M |
| Total Financing Cash Outflow | 31.9M | 54.1M | 28.4M | 975,100 | 90.2M |
| Financing Cash Flow | 53.0M | -54.1M | 507.0M | -975,100 | 219.0M |
| Net Change In Cash | -140.0M | 9.2M | 432.0M | -188.0M | 225.0M |
| Ending Cash Balance | 368.0M | 507.0M | 498.0M | 66.6M | 255.0M |
| Capex | 146.0M | 117.0M | 75.6M | 23.6M | 12.7M |