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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 162.0M | 154.0M | 166.0M | 238.0M | 301.0M | 304.0M | 319.0M | 286.0M | 275.0M | 227.0M | 215.0M | 201.0M | 166.0M | 140.0M | 79.1M | 51.9M | 26.8M |
| Revenue Growth % | 5.2% | -7.2% | -30.3% | -20.9% | -1.0% | -4.7% | 11.5% | 4.0% | 21.1% | 5.6% | 7.0% | 21.1% | 18.6% | 77.0% | 52.4% | 93.5% | -- |
| Total Revenue | 162.0M | 154.0M | 166.0M | 238.0M | 301.0M | 304.0M | 319.0M | 286.0M | 275.0M | 227.0M | 215.0M | 201.0M | 166.0M | 140.0M | 79.1M | 51.9M | 26.8M |
| Cost Of Revenue | 149.0M | 135.0M | 144.0M | 209.0M | 253.0M | 239.0M | 255.0M | 214.0M | 212.0M | 163.0M | 154.0M | 139.0M | 115.0M | 78.5M | 47.9M | 37.0M | 20.9M |
| Gross Profit | 13.0M | 19.0M | 22.0M | 29.0M | 48.0M | 65.0M | 64.0M | 72.0M | 63.0M | 64.0M | 61.0M | 62.0M | 51.0M | 61.5M | 31.2M | 14.9M | 5.9M |
| Gross Margin % | 8.0% | 12.3% | 13.3% | 12.2% | 15.9% | 21.4% | 20.1% | 25.2% | 22.9% | 28.2% | 28.4% | 30.8% | 30.7% | 43.9% | 39.4% | 28.7% | 22.0% |
| Total Operating Cost | 202.0M | 188.0M | 197.0M | 293.0M | 314.0M | 385.0M | 287.0M | 260.0M | 232.0M | 181.0M | 173.0M | 159.0M | 131.0M | 90.7M | 54.9M | 43.4M | 24.5M |
| Selling Expenses | 7.4M | 5.6M | 5.1M | 6.8M | 8.6M | 12.3M | 11.6M | 11.2M | 9.2M | 6.6M | 5.9M | 5.1M | 3.7M | 2.8M | 1.4M | 1.5M | 957,700 |
| Admin Expenses | 25.6M | 17.7M | 16.3M | 13.3M | 15.2M | 9.6M | 7.6M | 7.1M | 15.9M | 14.5M | 13.0M | 12.4M | 10.9M | 9.2M | 5.5M | 4.6M | 2.6M |
| Rd Expenses | 13.1M | 14.7M | 16.7M | 19.8M | 20.3M | 14.3M | 14.7M | 17.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -3.1M | -3.1M | -12.0M | 5.1M | 7.5M | -4.7M | -11.1M | 6.6M | -9.8M | -7.2M | -1.8M | -321,500 | -451,700 | -573,600 | -390,500 | -184,100 | -77,300 |
| Operating Income | -40.1M | -31.5M | -27.6M | -47.7M | -9.6M | -91.7M | 38.8M | 34.6M | 44.2M | 47.2M | 44.8M | 43.1M | 38.5M | 50.9M | 24.2M | 8.5M | 2.3M |
| Operating Margin % | -24.7% | -20.5% | -16.7% | -20.0% | -3.2% | -30.2% | 12.2% | 12.1% | 16.1% | 20.8% | 20.8% | 21.5% | 23.2% | 36.4% | 30.6% | 16.4% | 8.6% |
| Non Operating Income | 6.3M | 291,600 | 254,700 | 11.0M | 4.7M | 200.00 | 200.00 | 600.00 | 2.5M | 1.5M | 2.8M | 1.2M | 69,100 | 1.2M | 3.1M | 11.3M | 2.0M |
| Non Operating Expenses | 8.2M | 832,800 | 975,000 | 14.9M | 452,400 | 234,900 | 24,700 | 19,800 | 4,000 | 11,600 | 37,700 | 5,600 | 300.00 | 81,500 | 80,700 | 200.00 | -- |
| Investment Income | 920,800 | 1.4M | 1.9M | 4.2M | -1.3M | -11.1M | 6.0M | 8.0M | 692,700 | 1.6M | 2.8M | 905,200 | 3.4M | 1.9M | -- | -- | -- |
| Fair Value Change Income | -706,000 | 515,000 | -478,100 | 246,700 | -- | -74,800 | 751,300 | -676,500 | 530,300 | -530,300 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -29,600 | 5,900 | -107,300 | 94,600 | -700.00 | 67,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 3.4M | 7.0M | 5.5M | 1.2M | 8.2M | 110.0M | 7.6M | 1.5M | 1.9M | 2.2M | 998,600 | 1.5M | 345,900 | 98,200 | -115,200 | 157,200 | 78,600 |
| Other Income | 357,500 | 203,200 | 2.6M | 3.3M | 4.8M | 1.3M | 607,400 | 531,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -42.0M | -32.0M | -28.4M | -51.5M | -5.4M | -91.9M | 38.7M | 34.6M | 46.7M | 48.7M | 47.5M | 44.3M | 38.5M | 52.0M | 27.3M | 19.8M | 4.3M |
| Income Tax | 4.7M | 2.9M | -692,700 | -614,800 | -2.1M | 7.0M | 4.1M | 4.1M | 5.6M | 6.5M | 5.5M | 5.1M | 4.0M | 6.3M | 2.6M | 2.3M | 285,900 |
| Net Income | -46.7M | -34.9M | -27.7M | -50.9M | -3.3M | -98.9M | 34.7M | 30.4M | 41.0M | 42.2M | 42.1M | 39.1M | 34.5M | 45.7M | 24.7M | 17.5M | 4.0M |
| Net Margin % | -28.8% | -22.7% | -16.7% | -21.4% | -1.1% | -32.5% | 10.9% | 10.6% | 14.9% | 18.6% | 19.6% | 19.5% | 20.8% | 32.6% | 31.2% | 33.8% | 14.9% |
| Net Income Attributable | -47.1M | -32.6M | -21.9M | -43.4M | -1.8M | -97.6M | 34.7M | 30.4M | 41.0M | 42.2M | 42.1M | 39.1M | 34.5M | 45.7M | 24.7M | 17.5M | 4.0M |
| Minority Interest | 401,500 | -2.3M | -5.8M | -7.5M | -1.5M | -1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.18 | -0.12 | -0.08 | -0.16 | -0.01 | -0.36 | 0.13 | 0.16 | 0.26 | 0.47 | 0.47 | 0.44 | 0.38 | 0.53 | 0.41 | 0.29 | -- |
| Eps Diluted | -0.18 | -0.12 | -0.08 | -0.16 | -0.01 | -0.36 | 0.13 | 0.16 | 0.26 | 0.47 | 0.47 | 0.44 | 0.38 | 0.53 | -- | -- | -- |
| 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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 41.3M | 117.0M | 137.0M | 180.0M | 183.0M | 189.0M | 160.0M | 203.0M | 177.0M | 138.0M | 143.0M | 124.0M | 109.0M | 114.0M | 55.9M | 30.0M | 5.7M |
| Trading Financial Assets | 57.1M | 53.5M | 40.0M | 62.6M | 42.0M | 75.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 46.4M | 41.7M | 41.9M | 74.1M | 115.0M | 155.0M | 116.0M | 74.4M | 72.1M | 50.8M | 31.1M | 25.7M | 8.5M | 3.4M | 1.6M | 527,600 | 1.6M |
| Notes Receivable | -- | -- | -- | 180,000 | 43,000 | 629,700 | 861,900 | 291,500 | 708,700 | 650,000 | 771,400 | 671,400 | 2.2M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 46.4M | 41.7M | 41.9M | 74.3M | 115.0M | 156.0M | 117.0M | 74.7M | 72.9M | 51.5M | 31.8M | 26.4M | 10.7M | 3.4M | 1.6M | 527,600 | 1.6M |
| Prepayments | 1.3M | 4.1M | 10.2M | 9.2M | 8.4M | 15.8M | 8.1M | 4.7M | 8.4M | 5.1M | 4.0M | 3.7M | 1.8M | 535,400 | 387,300 | 1.7M | 877,400 |
| Inventory | 95.3M | 76.7M | 93.1M | 70.5M | 94.3M | 89.0M | 107.0M | 93.9M | 40.5M | 54.9M | 38.9M | 37.2M | 34.9M | 43.6M | 11.7M | 4.4M | 3.7M |
| Total Current Assets | 253.0M | 296.0M | 335.0M | 424.0M | 472.0M | 539.0M | 502.0M | 447.0M | 465.0M | 251.0M | 218.0M | 194.0M | 158.0M | 161.0M | 69.7M | 40.2M | 12.0M |
| Long Term Equity Investment | -- | -- | -- | -- | 5.8M | 18.5M | 37.1M | 32.2M | 7.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 80.3M | 75.7M | 86.2M | 95.3M | 107.0M | 100.0M | 109.0M | 65.5M | 71.2M | 71.9M | 62.3M | 56.0M | 25.6M | 15.2M | 13.3M | 13.1M |
| Fixed Assets Total | 105.0M | 80.3M | 75.7M | 86.2M | 95.3M | 107.0M | 100.0M | 109.0M | 65.5M | 71.2M | 71.9M | 62.3M | 56.0M | 25.6M | 15.2M | 13.3M | 13.1M |
| Construction In Progress | -- | 18.0M | 28.2M | 21.9M | 1.0M | 59,600 | -- | -- | 9.2M | -- | 40,600 | -- | 67,000 | 9.6M | -- | 1.6M | 3.1M |
| Construction In Progress Total | 8.0M | 18.0M | 28.2M | 21.9M | 1.0M | 59,600 | -- | -- | 9.2M | -- | 40,600 | -- | 67,000 | 9.6M | -- | 1.6M | 3.1M |
| Intangible Assets | 14.0M | 15.2M | 15.9M | 17.0M | 19.2M | 20.0M | 16.2M | 16.7M | 17.0M | 14.4M | 14.7M | 15.1M | 15.5M | 16.0M | 833,300 | 1.1M | 1.3M |
| Long Term Deferred Expenses | 995,300 | 635,700 | 223,300 | -- | 26,600 | 99,500 | 195,900 | 356,300 | 833,900 | 1.0M | 1.3M | 1.6M | 1.7M | 475,900 | -- | -- | -- |
| Total Non Current Assets | 147.0M | 143.0M | 155.0M | 156.0M | 149.0M | 184.0M | 186.0M | 176.0M | 109.0M | 93.7M | 89.1M | 79.9M | 74.0M | 54.1M | 16.1M | 16.0M | 17.7M |
| Total Assets | 400.0M | 440.0M | 491.0M | 580.0M | 621.0M | 723.0M | 687.0M | 623.0M | 574.0M | 345.0M | 307.0M | 274.0M | 232.0M | 216.0M | 85.7M | 56.2M | 29.7M |
| Short Term Borrowings | 40.0M | 40.0M | 56.7M | 81.7M | 81.9M | 120.0M | 60.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 54.7M | 42.7M | 43.4M | 56.9M | 66.6M | 58.0M | 49.7M | 73.4M | 43.4M | 40.0M | 37.2M | 39.7M | 32.6M | 24.2M | 14.8M | 10.5M | 4.8M |
| Advance Receipts | -- | -- | -- | -- | 18,300 | 15.4M | 4.7M | 3.4M | 3.0M | 1.7M | 1.2M | 883,700 | 1.4M | 1.6M | 3.1M | 3.0M | 1.5M |
| Contract Liabilities | 6.8M | 4.3M | 10.2M | 13.4M | 10.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 113.0M | 95.1M | 122.0M | 182.0M | 167.0M | 250.0M | 119.0M | 81.5M | 50.9M | 47.0M | 42.5M | 44.2M | 35.9M | 26.5M | 20.7M | 15.9M | 6.9M |
| Total Non Current Liabilities | 2.0M | 4.0M | 3.8M | 3.5M | 3.1M | 4.6M | 1.2M | 462,500 | 500,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 115.0M | 99.1M | 126.0M | 186.0M | 170.0M | 254.0M | 121.0M | 81.9M | 51.4M | 47.0M | 42.5M | 44.2M | 35.9M | 26.5M | 20.7M | 15.9M | 6.9M |
| Paid In Capital | 269.0M | 269.0M | 269.0M | 269.0M | 269.0M | 269.0M | 192.0M | 192.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 90.0M | 22.5M | 22.5M | 22.5M |
| Capital Reserve | 64.9M | 64.9M | 54.8M | 54.8M | 54.8M | 54.8M | 132.0M | 132.0M | 204.0M | 41.0M | 41.0M | 41.0M | 41.0M | 41.0M | -- | -- | -- |
| Surplus Reserve | 36.0M | 36.0M | 36.0M | 36.0M | 36.0M | 35.2M | 34.9M | 32.4M | 30.4M | 27.1M | 23.4M | 19.6M | 15.7M | 12.2M | 4.3M | 1.8M | 28,400 |
| Retained Earnings | -54.9M | -2.4M | 21.4M | 43.3M | 92.1M | 100.0M | 207.0M | 185.0M | 168.0M | 140.0M | 110.0M | 78.8M | 49.8M | 45.8M | 38.3M | 16.0M | 255,700 |
| Minority Equity | -1.6M | -2.6M | -4.5M | 1.2M | 8.7M | 10.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 286.0M | 343.0M | 370.0M | 393.0M | 442.0M | 459.0M | 567.0M | 541.0M | 523.0M | 298.0M | 264.0M | 229.0M | 197.0M | 189.0M | 65.0M | 40.3M | 22.8M |
| Total Equity | 284.0M | 341.0M | 365.0M | 394.0M | 450.0M | 469.0M | 567.0M | 541.0M | 523.0M | 298.0M | 264.0M | 229.0M | 197.0M | 189.0M | 65.0M | 40.3M | 22.8M |
| 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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 173.0M | 164.0M | 236.0M | 269.0M | 372.0M | 329.0M | 329.0M | 323.0M | 295.0M | 233.0M | 241.0M | 213.0M | 180.0M | 160.0M | 89.6M | 61.7M | 30.4M |
| Tax Refunds Received | 4.1M | 2.9M | 6.5M | 4.1M | 4.2M | 4.3M | 3.3M | 3.0M | 1.9M | 391,400 | 1.6M | 676,600 | 194,800 | 242,500 | -- | -- | -- |
| Total Operating Cash Inflow | 178.0M | 169.0M | 268.0M | 308.0M | 429.0M | 425.0M | 366.0M | 330.0M | 301.0M | 235.0M | 247.0M | 217.0M | 180.0M | 163.0M | 96.6M | 73.3M | 32.5M |
| Cash Paid For Goods | 170.0M | 116.0M | 225.0M | 224.0M | 287.0M | 225.0M | 296.0M | 249.0M | 191.0M | 164.0M | 158.0M | 137.0M | 108.0M | 115.0M | 51.8M | 32.3M | 15.9M |
| Cash Paid To Employees | 28.7M | 35.0M | 39.5M | 29.0M | 31.5M | 33.7M | 41.3M | 42.5M | 36.6M | 34.4M | 28.4M | 22.7M | 16.6M | 15.2M | 5.5M | 4.7M | 3.0M |
| Taxes Paid | 4.5M | 6.8M | 4.4M | 8.4M | 16.6M | 13.2M | 7.6M | 9.9M | 15.7M | 12.0M | 13.2M | 12.1M | 13.3M | 12.8M | 8.5M | 3.7M | 1.8M |
| Total Operating Cash Outflow | 226.0M | 174.0M | 303.0M | 289.0M | 387.0M | 372.0M | 401.0M | 327.0M | 254.0M | 218.0M | 207.0M | 178.0M | 143.0M | 148.0M | 69.8M | 47.1M | 22.2M |
| Operating Cash Flow | -47.2M | -5.0M | -34.6M | 18.6M | 41.7M | 53.4M | -35.0M | 2.7M | 46.8M | 16.8M | 40.5M | 39.2M | 37.1M | 14.5M | 26.8M | 26.2M | 10.3M |
| Total Investing Cash Inflow | 190.0M | 253.0M | 233.0M | 174.0M | 190.0M | 330.0M | 369.0M | 550.0M | 108.0M | 192.0M | 261.0M | 143.0M | 477.0M | 499.0M | 0.00 | 0.00 | 0.00 |
| Total Investing Cash Outflow | 156.0M | 288.0M | 257.0M | 185.0M | 183.0M | 399.0M | 434.0M | 507.0M | 301.0M | 203.0M | 275.0M | 158.0M | 491.0M | 512.0M | 713,000 | 1.8M | 9.6M |
| Investing Cash Flow | 33.4M | -35.0M | -24.2M | -11.4M | 7.1M | -69.2M | -64.3M | 42.8M | -192.0M | -11.4M | -14.3M | -15.0M | -14.0M | -13.1M | -713,000 | -1.8M | -9.6M |
| Cash From Borrowings | 40.0M | 40.0M | 56.7M | 87.7M | 81.6M | 120.0M | 60.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 5.9M | 1.0M | 1.2M | 8.7M | 9.3M | 13.4M | 11.0M | 12.0M | 9.0M | 9.0M | 6.9M | 6.3M | 27.0M | 34.0M | -- | -- | -- |
| Debt Repayments | 40.0M | 56.7M | 81.7M | 87.6M | 120.0M | 66.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 58.5M | 73.6M | 75.7M | 95.2M | 81.6M | 121.0M | 63.2M | -- | 204.0M | 0.00 | -- | -- | -- | 48.0M | -- | -- | -- |
| Total Financing Cash Outflow | 64.2M | 76.2M | 101.0M | 120.0M | 137.0M | 80.2M | 12.3M | 14.4M | 19.8M | 9.6M | 7.7M | 7.7M | 27.8M | 34.5M | -- | -- | -- |
| Financing Cash Flow | -5.7M | -2.6M | -25.7M | -24.9M | -55.7M | 40.4M | 50.8M | -14.4M | 184.0M | -9.6M | -7.7M | -7.7M | -27.8M | 13.5M | -- | -- | -- |
| Net Change In Cash | -18.5M | -41.8M | -74.6M | -20.0M | -13.2M | 28.8M | -40.2M | 23.5M | 38.2M | -4.5M | 18.6M | 15.3M | -4.8M | 14.3M | 25.9M | 24.3M | 602,300 |
| Ending Cash Balance | 20.7M | 39.1M | 80.9M | 156.0M | 176.0M | 189.0M | 160.0M | 200.0M | 177.0M | 138.0M | 143.0M | 124.0M | 109.0M | 114.0M | 55.9M | 30.0M | 5.7M |
| Capex | 15.0M | 4.6M | 11.3M | 1.8M | 2.3M | 6.4M | 10.3M | 31.3M | 22.0M | 7.1M | 17.1M | 15.9M | 17.4M | 15.0M | 713,000 | 1.8M | 9.6M |