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 | 325.0M | 364.0M | 549.0M | 584.0M | 425.0M |
| Revenue Growth % | -10.7% | -33.7% | -6.0% | 37.4% | -- |
| Total Revenue | 325.0M | 364.0M | 549.0M | 584.0M | 425.0M |
| Cost Of Revenue | 62.3M | 64.7M | 101.0M | 112.0M | 77.6M |
| Gross Profit | 262.7M | 299.3M | 448.0M | 472.0M | 347.4M |
| Gross Margin % | 80.8% | 82.2% | 81.6% | 80.8% | 81.7% |
| Total Operating Cost | 369.0M | 738.0M | 806.0M | 821.0M | 614.0M |
| Selling Expenses | 154.0M | 182.0M | 265.0M | 286.0M | 227.0M |
| Admin Expenses | 42.0M | 66.6M | 45.4M | 51.2M | 60.5M |
| Rd Expenses | 107.0M | 412.0M | 363.0M | 363.0M | 244.0M |
| Finance Expenses | -15,200 | -1.3M | -1.3M | -750,000 | -1.0M |
| Operating Income | -33.6M | -366.0M | -243.0M | -213.0M | -155.0M |
| Operating Margin % | -10.3% | -100.5% | -44.3% | -36.5% | -36.5% |
| Non Operating Income | 476,500 | 158,200 | 758,200 | 500,700 | 72,100 |
| Non Operating Expenses | 1.2M | 451,100 | 855,600 | 245,500 | 5.0M |
| Investment Income | 140,800 | -2,517 | 5.5M | 20.6M | 18.1M |
| Fair Value Change Income | -- | -- | -1.5M | 212,500 | -1.8M |
| Asset Disposal Income | 280,400 | 296,800 | -36,000 | -- | 2.2M |
| Asset Impairment Loss | -3,000 | 11.9M | 24.4M | 4.8M | -- |
| Other Income | 10.6M | 7.7M | 9.8M | 3.1M | 15.0M |
| Income Before Tax | -34.3M | -366.0M | -243.0M | -213.0M | -160.0M |
| Income Tax | 113.0M | 32.4M | -46.1M | -75.6M | -27.1M |
| Net Income | -148.0M | -399.0M | -197.0M | -137.0M | -133.0M |
| Net Margin % | -45.5% | -109.6% | -35.9% | -23.5% | -31.3% |
| Net Income Attributable | -145.0M | -399.0M | -197.0M | -137.0M | -133.0M |
| Minority Interest | -2.9M | -- | -- | -- | -- |
| Eps Basic | -0.30 | -0.84 | -0.41 | -0.29 | -0.28 |
| Eps Diluted | -0.30 | -0.84 | -0.41 | -0.29 | -0.28 |
| 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 | 53.9M | 85.2M | 265.0M | 85.0M | 141.0M |
| Trading Financial Assets | -- | -- | -- | 381.0M | 461.0M |
| Accounts Receivable | 38.9M | 58.3M | 152.0M | 119.0M | 91.1M |
| Notes Receivable | 145,200 | 3.0M | 36.0M | 38.8M | 37.2M |
| Notes And Accounts Receivable | 39.1M | 61.2M | 188.0M | 158.0M | 128.0M |
| Prepayments | 16.7M | 20.6M | 54.4M | 37.1M | 12.9M |
| Inventory | 22.2M | 20.9M | 18.8M | 25.0M | 38.1M |
| Total Current Assets | 178.0M | 239.0M | 529.0M | 688.0M | 903.0M |
| Long Term Equity Investment | 692,100 | 1.1M | 413,500 | 415,400 | 415,800 |
| Fixed Assets | -- | 261.0M | 197.0M | 220.0M | 242.0M |
| Fixed Assets Total | 235.0M | 261.0M | 197.0M | 220.0M | 242.0M |
| Construction In Progress | -- | -- | 87.8M | 85.5M | 52.9M |
| Construction In Progress Total | -- | -- | 87.8M | 85.5M | 52.9M |
| Intangible Assets | 34.7M | 35.1M | 80.5M | 82.2M | 83.0M |
| Long Term Deferred Expenses | 165,600 | 82,500 | 219,700 | 176,100 | 377,200 |
| Total Non Current Assets | 972.0M | 1.1B | 1.1B | 1.1B | 953.0M |
| Total Assets | 1.1B | 1.3B | 1.7B | 1.8B | 1.9B |
| Short Term Borrowings | 30.0M | 28.8M | -- | -- | 48.0M |
| Accounts Payable | 33.5M | 72.9M | 35.9M | 31.7M | 19.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.9M | 2.9M | 3.3M | 1.3M | 1.1M |
| Total Current Liabilities | 154.0M | 208.0M | 232.0M | 197.0M | 208.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 78.4M | 103.0M | 83.7M | 79.6M | 60.5M |
| Total Liabilities | 233.0M | 312.0M | 315.0M | 276.0M | 269.0M |
| Paid In Capital | 478.0M | 478.0M | 475.0M | 476.0M | 476.0M |
| Capital Reserve | 571.0M | 534.0M | 519.0M | 536.0M | 531.0M |
| Surplus Reserve | 169.0M | 169.0M | 169.0M | 169.0M | 169.0M |
| Retained Earnings | -419.0M | -253.0M | 145.0M | 342.0M | 479.0M |
| Minority Equity | -12.5M | -- | -- | -- | -- |
| Equity Attributable | 929.0M | 1.0B | 1.4B | 1.6B | 1.6B |
| Total Equity | 917.0M | 1.0B | 1.4B | 1.6B | 1.6B |
| 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 | 337.0M | 466.0M | 527.0M | 571.0M | 470.0M |
| Tax Refunds Received | 1.8M | 496,500 | -- | -- | -- |
| Total Operating Cash Inflow | 354.0M | 474.0M | 551.0M | 578.0M | 491.0M |
| Cash Paid For Goods | 24.9M | 68.5M | 66.6M | 67.4M | 41.9M |
| Cash Paid To Employees | 156.0M | 238.0M | 221.0M | 204.0M | 166.0M |
| Taxes Paid | 19.9M | 18.4M | 31.2M | 41.3M | 41.3M |
| Total Operating Cash Outflow | 418.0M | 703.0M | 727.0M | 740.0M | 605.0M |
| Operating Cash Flow | -63.7M | -228.0M | -176.0M | -162.0M | -115.0M |
| Total Investing Cash Inflow | 43.5M | 50.7M | 533.0M | 1.1B | 1.0B |
| Total Investing Cash Outflow | 39.3M | 32.8M | 212.0M | 976.0M | 1.2B |
| Investing Cash Flow | 4.2M | 17.8M | 321.0M | 143.0M | -140.0M |
| Cash From Borrowings | 30.0M | 53.8M | -- | -- | 50.1M |
| Dividends And Interest Paid | 543,200 | 1.0M | -- | 320,100 | 854,800 |
| Debt Repayments | 28.8M | 25.0M | -- | 48.0M | 2.1M |
| Total Financing Cash Inflow | 73.3M | 74.8M | 39.3M | 18.3M | 53.5M |
| Total Financing Cash Outflow | 45.8M | 44.2M | 6.7M | 54.2M | 9.8M |
| Financing Cash Flow | 27.5M | 30.6M | 32.6M | -35.9M | 43.7M |
| Net Change In Cash | -31.6M | -180.0M | 180.0M | -55.6M | -212.0M |
| Ending Cash Balance | 53.5M | 85.2M | 265.0M | 85.0M | 141.0M |
| Capex | 23.5M | 32.2M | 56.5M | 56.2M | 48.9M |