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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 971.0M | 799.0M | 931.0M | 950.0M | 693.0M | 583.0M | 532.0M |
| Revenue Growth % | 21.5% | -14.2% | -2.0% | 37.1% | 18.9% | 9.6% | -- |
| Total Revenue | 971.0M | 799.0M | 931.0M | 950.0M | 693.0M | 583.0M | 532.0M |
| Cost Of Revenue | 717.0M | 581.0M | 698.0M | 715.0M | 511.0M | 433.0M | 409.0M |
| Gross Profit | 254.0M | 218.0M | 233.0M | 235.0M | 182.0M | 150.0M | 123.0M |
| Gross Margin % | 26.2% | 27.3% | 25.0% | 24.7% | 26.3% | 25.7% | 23.1% |
| Total Operating Cost | 872.0M | 701.0M | 795.0M | 813.0M | 604.0M | 533.0M | 465.0M |
| Selling Expenses | 6.3M | 5.5M | 4.5M | 3.8M | 2.7M | 5.5M | 4.7M |
| Admin Expenses | 87.1M | 69.0M | 49.2M | 46.3M | 39.4M | 63.3M | 30.2M |
| Rd Expenses | 56.9M | 44.0M | 42.1M | 41.9M | 33.7M | 25.9M | 21.2M |
| Finance Expenses | -6.7M | -6.8M | -6.6M | -573,500 | 10.9M | 12,400 | -2.9M |
| Operating Income | 115.0M | 113.0M | 144.0M | 146.0M | 96.6M | 54.5M | 72.4M |
| Operating Margin % | 11.8% | 14.1% | 15.5% | 15.4% | 13.9% | 9.4% | 13.6% |
| Non Operating Income | 4,100 | 1,300 | 837,800 | 1.7M | 2.0M | 24,700 | 21,000 |
| Non Operating Expenses | 140,700 | 253,400 | 41,300 | 35,000 | 5,700 | 5.3M | 401,600 |
| Investment Income | 14.0M | 5.0M | -- | -- | -- | -- | -- |
| Fair Value Change Income | -1.7M | 4.5M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 196,100 | 49,700 | -- | 4,600 | -- | 202,400 | 807,800 |
| Asset Impairment Loss | 1.6M | 1.3M | 1.9M | 1.7M | 1.5M | 932,200 | 263,300 |
| Other Income | 3.4M | 5.8M | 7.8M | 8.9M | 8.0M | 4.3M | 4.8M |
| Income Before Tax | 115.0M | 113.0M | 145.0M | 148.0M | 98.7M | 49.2M | 72.0M |
| Income Tax | 12.0M | 11.7M | 13.2M | 16.7M | 9.3M | 9.4M | 8.6M |
| Net Income | 103.0M | 101.0M | 132.0M | 131.0M | 89.4M | 39.9M | 63.4M |
| Net Margin % | 10.6% | 12.6% | 14.2% | 13.8% | 12.9% | 6.8% | 11.9% |
| Net Income Attributable | 103.0M | 101.0M | 132.0M | 131.0M | 90.2M | 41.3M | 63.4M |
| Minority Interest | -- | -- | -- | 145,100 | -837,300 | -1.4M | -- |
| Eps Basic | 0.90 | 0.96 | 1.57 | 1.56 | 1.07 | -- | -- |
| Eps Diluted | 0.90 | 0.96 | 1.57 | 1.56 | 1.07 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 241.0M | 529.0M | 158.0M | 118.0M | 120.0M | 102.0M | 65.7M |
| Trading Financial Assets | 292.0M | 225.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 182.0M | 162.0M | 135.0M | 166.0M | 158.0M | 110.0M | 81.9M |
| Notes And Accounts Receivable | 182.0M | 162.0M | 135.0M | 166.0M | 158.0M | 110.0M | 81.9M |
| Prepayments | 5.0M | 5.3M | 7.5M | 6.8M | 4.9M | 4.3M | 1.7M |
| Inventory | 165.0M | 101.0M | 87.9M | 135.0M | 103.0M | 71.3M | 60.7M |
| Total Current Assets | 952.0M | 1.1B | 407.0M | 431.0M | 397.0M | 317.0M | 231.0M |
| Fixed Assets | -- | 444.0M | 400.0M | 256.0M | 261.0M | 261.0M | -- |
| Fixed Assets Total | 477.0M | 444.0M | 400.0M | 256.0M | 261.0M | 261.0M | 68.4M |
| Construction In Progress | -- | 5.2M | 42.9M | 70.4M | 17.7M | -- | -- |
| Construction In Progress Total | 23.9M | 5.2M | 42.9M | 70.4M | 17.7M | -- | 5.3M |
| Intangible Assets | 53.5M | 45.2M | 46.0M | 46.9M | 25.5M | 21.1M | 422,600 |
| Long Term Deferred Expenses | 14.4M | 14.7M | -- | -- | -- | -- | 6.7M |
| Total Non Current Assets | 773.0M | 613.0M | 499.0M | 393.0M | 313.0M | 292.0M | 97.6M |
| Total Assets | 1.7B | 1.7B | 906.0M | 824.0M | 710.0M | 608.0M | 329.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 5.0M | 30.0M |
| Accounts Payable | 207.0M | 155.0M | 123.0M | 164.0M | 150.0M | 124.0M | 122.0M |
| Advance Receipts | 84,700 | -- | -- | -- | -- | 2.7M | 6,700 |
| Contract Liabilities | 11.2M | 550,300 | 337,000 | 435,300 | 3.4M | -- | -- |
| Total Current Liabilities | 325.0M | 225.0M | 190.0M | 242.0M | 208.0M | 200.0M | 196.0M |
| Total Non Current Liabilities | 39.8M | 33.5M | 10.6M | 8.7M | 6.9M | 3.0M | 3.2M |
| Total Liabilities | 365.0M | 259.0M | 201.0M | 251.0M | 215.0M | 203.0M | 199.0M |
| Paid In Capital | 114.0M | 112.0M | 84.0M | 84.0M | 84.0M | 82.9M | 8.4M |
| Capital Reserve | 963.0M | 927.0M | 331.0M | 331.0M | 332.0M | 189.0M | -- |
| Surplus Reserve | 53.1M | 43.7M | 34.7M | 21.3M | 8.3M | 8.8M | 4.2M |
| Retained Earnings | 254.0M | 325.0M | 255.0M | 137.0M | 68.9M | 123.0M | 117.0M |
| Minority Equity | -- | -- | -- | -- | 2.2M | 1.6M | -- |
| Equity Attributable | 1.4B | 1.4B | 705.0M | 573.0M | 493.0M | 404.0M | 130.0M |
| Total Equity | 1.4B | 1.4B | 705.0M | 573.0M | 495.0M | 406.0M | 130.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 799.0M | 1.0B | 966.0M | 658.0M | 600.0M | 558.0M |
| Tax Refunds Received | 57.4M | 46.6M | 50.1M | 69.9M | 57.5M | 38.6M | 34.4M |
| Total Operating Cash Inflow | 1.1B | 870.0M | 1.1B | 1.1B | 760.0M | 670.0M | 646.0M |
| Cash Paid For Goods | 683.0M | 510.0M | 680.0M | 691.0M | 496.0M | 442.0M | 403.0M |
| Cash Paid To Employees | 193.0M | 162.0M | 152.0M | 151.0M | 111.0M | 84.9M | 69.8M |
| Taxes Paid | 21.9M | 21.3M | 31.1M | 20.5M | 15.9M | 12.9M | 8.8M |
| Total Operating Cash Outflow | 960.0M | 741.0M | 906.0M | 909.0M | 674.0M | 615.0M | 566.0M |
| Operating Cash Flow | 143.0M | 129.0M | 179.0M | 158.0M | 85.9M | 55.7M | 80.2M |
| Total Investing Cash Inflow | 1.6B | 1.6B | 1.3M | 2.6M | 1.5M | 3.7M | 13.3M |
| Total Investing Cash Outflow | 1.9B | 1.9B | 134.0M | 108.0M | 53.6M | 44.0M | 77.4M |
| Investing Cash Flow | -295.0M | -365.0M | -133.0M | -105.0M | -52.0M | -40.3M | -64.1M |
| Cash From Borrowings | -- | -- | 19.3M | -- | -- | 30.7M | 30.0M |
| Dividends And Interest Paid | 165.0M | 22.4M | 70,700 | 50.4M | 51,400 | 1.3M | 777,400 |
| Debt Repayments | -- | -- | 20.0M | 0.00 | 5.0M | 55.7M | 15.0M |
| Total Financing Cash Inflow | 28.0M | 644.0M | 19.3M | 0.00 | -- | 73.7M | 30.0M |
| Total Financing Cash Outflow | 168.0M | 39.2M | 21.8M | 56.6M | 5.1M | 57.0M | 19.4M |
| Financing Cash Flow | -140.0M | 605.0M | -2.5M | -56.6M | -5.1M | 16.7M | 10.6M |
| Net Change In Cash | -288.0M | 371.0M | 43.1M | -2.5M | 21.5M | 32.4M | 27.6M |
| Ending Cash Balance | 233.0M | 522.0M | 151.0M | 108.0M | 110.0M | 89.0M | 56.6M |
| Capex | 106.0M | 94.3M | 134.0M | 106.0M | 51.9M | 43.0M | 74.8M |