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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 298.0M | 568.0M | 525.0M | 173.0M | 292.0M | 466.0M | 263.0M | 239.0M | 263.0M | 258.0M | 327.0M | 244.0M | 187.0M | 120.0M |
| Revenue Growth % | -47.5% | 8.2% | 203.5% | -40.8% | -37.3% | 77.2% | 10.0% | -9.1% | 1.9% | -21.1% | 34.0% | 30.5% | 55.8% | -- |
| Total Revenue | 298.0M | 568.0M | 525.0M | 173.0M | 292.0M | 466.0M | 263.0M | 239.0M | 263.0M | 258.0M | 327.0M | 244.0M | 187.0M | 120.0M |
| Cost Of Revenue | 144.0M | 147.0M | 126.0M | 106.0M | 170.0M | 259.0M | 137.0M | 128.0M | 137.0M | 136.0M | 166.0M | 129.0M | 101.0M | 60.0M |
| Gross Profit | 154.0M | 421.0M | 399.0M | 67.0M | 122.0M | 207.0M | 126.0M | 111.0M | 126.0M | 122.0M | 161.0M | 115.0M | 86.0M | 60.0M |
| Gross Margin % | 51.7% | 74.1% | 76.0% | 38.7% | 41.8% | 44.4% | 47.9% | 46.4% | 47.9% | 47.3% | 49.2% | 47.1% | 46.0% | 50.0% |
| Total Operating Cost | 464.0M | 690.0M | 621.0M | 203.0M | 288.0M | 442.0M | 257.0M | 247.0M | 236.0M | 227.0M | 277.0M | 208.0M | 168.0M | 110.0M |
| Selling Expenses | 122.0M | 337.0M | 318.0M | 34.5M | 59.3M | 82.0M | 53.4M | 45.9M | 44.4M | 41.7M | 55.0M | 37.6M | 25.7M | 16.2M |
| Admin Expenses | 66.8M | 69.3M | 72.7M | 27.5M | 24.6M | 26.7M | 21.2M | 20.4M | 49.1M | 39.1M | 48.3M | 35.6M | 33.2M | 28.2M |
| Rd Expenses | 35.4M | 57.1M | 66.0M | 38.4M | 31.5M | 52.5M | 35.5M | 36.0M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -2.9M | -2.7M | -5.0M | -94,100 | 656,700 | -2.5M | -1.4M | 2.2M | -662,900 | 1.0M | 2.5M | 2.8M | 3.5M | 2.3M |
| Operating Income | -368.0M | -75.0M | -47.2M | 23.7M | 24.7M | 46.7M | 18.2M | 13.1M | 26.9M | 31.0M | 49.9M | 35.9M | 18.9M | 9.9M |
| Operating Margin % | -123.5% | -13.2% | -9.0% | 13.7% | 8.5% | 10.0% | 6.9% | 5.5% | 10.2% | 12.0% | 15.3% | 14.7% | 10.1% | 8.3% |
| Non Operating Income | 10,800 | 141,000 | 579,800 | 1.2M | 1.9M | 6.7M | 2.0M | 2.7M | 14.7M | 25.0M | 14.6M | 10.9M | 8.7M | 4.5M |
| Non Operating Expenses | 3.6M | 891,000 | 883,200 | 228,500 | 145,000 | 1.3M | 3.5M | 143,200 | 517,500 | 148,500 | 346,600 | 334,600 | 32,000 | 119,500 |
| Investment Income | -217.0M | -11.2M | 9.6M | 43.7M | 2.8M | 2.4M | 2.0M | 2.1M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 13.3M | 49.9M | 33.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2.7M | 914,800 | 1.9M | 4,800 | -21,800 | 6,500 | -57,600 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 96.3M | 67.9M | 25.4M | 8.3M | 3.1M | 3.6M | 8.3M | 11.0M | 3.8M | 5.6M | 2.9M | 405,600 | 3.9M | 2.7M |
| Other Income | 3.9M | 6.7M | 3.4M | 9.0M | 17.6M | 19.8M | 10.3M | 19.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -372.0M | -75.8M | -47.5M | 24.7M | 26.4M | 52.2M | 16.7M | 15.7M | 41.1M | 55.8M | 64.2M | 46.5M | 27.6M | 14.3M |
| Income Tax | -5.0M | 1.9M | 5.4M | 9.9M | 2.2M | 7.2M | 4.1M | 772,700 | 3.1M | 5.1M | 8.3M | 5.3M | 5.0M | 1.7M |
| Net Income | -367.0M | -77.7M | -52.9M | 14.8M | 24.2M | 45.0M | 12.7M | 14.9M | 38.0M | 50.7M | 55.9M | 41.1M | 22.6M | 12.7M |
| Net Margin % | -123.2% | -13.7% | -10.1% | 8.5% | 8.3% | 9.6% | 4.8% | 6.2% | 14.5% | 19.7% | 17.1% | 16.9% | 12.1% | 10.6% |
| Net Income Attributable | -351.0M | -80.9M | -61.8M | 15.5M | 24.0M | 45.0M | 12.7M | 14.9M | 38.0M | 50.7M | 55.9M | 41.1M | 22.6M | 12.7M |
| Minority Interest | -15.9M | 3.2M | 8.9M | -697,100 | 223,400 | -2,300 | -4,100 | -2,900 | -6,300 | -5,800 | -- | -- | -- | 11,900 |
| Eps Basic | -1.02 | -0.24 | -0.18 | 0.05 | 0.08 | 0.23 | 0.12 | 0.14 | 0.65 | 0.92 | 1.02 | 0.75 | 0.41 | 0.24 |
| Eps Diluted | -1.02 | -0.24 | -0.18 | 0.05 | 0.08 | 0.23 | 0.12 | 0.14 | 0.65 | 0.92 | 1.02 | 0.75 | 0.41 | 0.24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 202.0M | 327.0M | 657.0M | 267.0M | 345.0M | 291.0M | 236.0M | 299.0M | 258.0M | 159.0M | 163.0M | 108.0M | 81.9M | 44.5M |
| Trading Financial Assets | 1.3M | 49.9M | 83.8M | 17.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 38.8M | 132.0M | 98.2M | 112.0M | 130.0M | 202.0M | 170.0M | 155.0M | 140.0M | 111.0M | 67.0M | 61.3M | 85.3M | 74.6M |
| Notes Receivable | -- | -- | -- | -- | -- | 30,000 | -- | 10,000 | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 38.8M | 132.0M | 98.2M | 112.0M | 130.0M | 202.0M | 170.0M | 155.0M | 140.0M | 111.0M | 67.0M | 61.3M | 85.3M | 74.6M |
| Prepayments | 3.7M | 20.8M | 15.6M | 22.3M | 13.8M | 19.2M | 17.0M | 6.8M | 12.9M | 10.1M | 9.2M | 3.3M | 2.8M | 4.2M |
| Inventory | 107.0M | 146.0M | 133.0M | 150.0M | 149.0M | 156.0M | 147.0M | 117.0M | 125.0M | 125.0M | 107.0M | 117.0M | 79.8M | 51.8M |
| Total Current Assets | 380.0M | 826.0M | 1.1B | 615.0M | 645.0M | 758.0M | 634.0M | 581.0M | 627.0M | 415.0M | 351.0M | 294.0M | 255.0M | 181.0M |
| Long Term Equity Investment | 256.0M | 293.0M | 26.5M | 13.8M | 22.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 70.8M | 82.1M | 92.2M | 98.2M | 109.0M | 87.8M | 87.8M | 47.6M | 47.7M | 45.9M | 45.1M | 47.3M | 34.8M |
| Fixed Assets Total | 53.1M | 70.8M | 82.1M | 92.2M | 98.2M | 109.0M | 87.8M | 87.8M | 47.6M | 47.7M | 45.9M | 45.1M | 47.3M | 34.8M |
| Construction In Progress | -- | -- | 7.4M | 2.5M | 5.7M | 4.9M | 26.2M | -- | -- | -- | -- | -- | -- | 7.0M |
| Construction In Progress Total | -- | -- | 7.4M | 2.5M | 5.7M | 4.9M | 26.2M | -- | -- | -- | -- | -- | -- | 7.0M |
| Intangible Assets | 22.7M | 85.6M | 84.6M | 84.4M | 42.5M | 9.2M | 10.6M | 6.6M | 6.6M | 6.0M | 5.9M | 5.8M | 6.0M | 6.3M |
| Long Term Deferred Expenses | -- | 20.0M | 4.9M | 2.0M | 3.6M | 5.6M | 2.0M | 923,600 | -- | -- | -- | -- | 203,000 | 744,100 |
| Total Non Current Assets | 344.0M | 695.0M | 533.0M | 434.0M | 193.0M | 140.0M | 137.0M | 105.0M | 77.3M | 57.8M | 56.0M | 52.7M | 55.3M | 50.0M |
| Total Assets | 724.0M | 1.5B | 1.6B | 1.0B | 838.0M | 898.0M | 771.0M | 687.0M | 704.0M | 473.0M | 407.0M | 346.0M | 310.0M | 231.0M |
| Short Term Borrowings | -- | 5.0M | -- | 20.0M | -- | 30.0M | 20.0M | 40.0M | 55.0M | 21.0M | 40.0M | 40.0M | 53.3M | 38.7M |
| Accounts Payable | 43.8M | 48.1M | 60.8M | 47.2M | 81.9M | 138.0M | 112.0M | 53.4M | 64.6M | 104.0M | 75.7M | 90.5M | 78.0M | 46.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.6M | 3.2M | 2.4M | 2.8M | 5.6M | 6.3M | 7.8M | 2.3M | 2.0M |
| Contract Liabilities | 11.8M | 156.0M | 145.0M | 106.0M | 10.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 92.5M | 437.0M | 366.0M | 322.0M | 141.0M | 254.0M | 192.0M | 125.0M | 155.0M | 169.0M | 157.0M | 165.0M | 155.0M | 101.0M |
| Total Non Current Liabilities | 27.7M | 99.6M | 153.0M | 83.9M | 64.3M | 56.0M | 46.4M | 37.4M | 34.6M | 31.3M | 27.5M | 15.0M | 9.7M | 7.3M |
| Total Liabilities | 120.0M | 537.0M | 518.0M | 405.0M | 206.0M | 310.0M | 238.0M | 162.0M | 190.0M | 200.0M | 185.0M | 180.0M | 165.0M | 109.0M |
| Paid In Capital | 346.0M | 346.0M | 346.0M | 304.0M | 203.0M | 113.0M | 110.0M | 73.4M | 73.4M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M |
| Capital Reserve | 486.0M | 478.0M | 535.0M | 30.6M | 135.0M | 217.0M | 193.0M | 229.0M | 229.0M | 44.5M | 44.5M | 44.5M | 44.5M | 44.5M |
| Surplus Reserve | 27.6M | 27.6M | 27.6M | 27.6M | 27.6M | 26.2M | 22.7M | 21.0M | 19.8M | 16.9M | 12.9M | 8.2M | 4.6M | 2.9M |
| Retained Earnings | -218.0M | 133.0M | 214.0M | 280.0M | 268.0M | 251.0M | 207.0M | 201.0M | 191.0M | 156.0M | 110.0M | 58.4M | 40.9M | 20.0M |
| Minority Equity | 13.0M | 51.1M | 17.4M | 7.3M | 9.9M | 900.00 | -18,000 | -13,900 | -12,100 | -5,800 | -- | -- | -- | -- |
| Equity Attributable | 591.0M | 933.0M | 1.1B | 637.0M | 622.0M | 588.0M | 533.0M | 525.0M | 514.0M | 273.0M | 222.0M | 166.0M | 145.0M | 122.0M |
| Total Equity | 604.0M | 984.0M | 1.1B | 644.0M | 632.0M | 588.0M | 533.0M | 525.0M | 514.0M | 273.0M | 222.0M | 166.0M | 145.0M | 122.0M |
| 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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 292.0M | 882.0M | 657.0M | 234.0M | 425.0M | 525.0M | 306.0M | 274.0M | 297.0M | 271.0M | 406.0M | 341.0M | 231.0M | 113.0M |
| Tax Refunds Received | 365,100 | 714,700 | 1.6M | 8.6M | 7.6M | 14.2M | 9.2M | 10.5M | 10.2M | 12.5M | 9.4M | 6.6M | 2.8M | -- |
| Total Operating Cash Inflow | 310.0M | 902.0M | 677.0M | 258.0M | 449.0M | 557.0M | 322.0M | 299.0M | 316.0M | 295.0M | 432.0M | 358.0M | 240.0M | 117.0M |
| Cash Paid For Goods | 103.0M | 420.0M | 153.0M | 143.0M | 250.0M | 303.0M | 158.0M | 150.0M | 215.0M | 152.0M | 218.0M | 177.0M | 128.0M | 64.1M |
| Cash Paid To Employees | 121.0M | 280.0M | 219.0M | 68.9M | 65.0M | 76.5M | 72.2M | 72.4M | 70.5M | 55.5M | 50.7M | 39.8M | 33.9M | 31.4M |
| Taxes Paid | 11.2M | 19.8M | 14.0M | 20.7M | 22.9M | 40.4M | 21.9M | 25.6M | 31.4M | 29.7M | 35.4M | 31.9M | 12.7M | 11.8M |
| Total Operating Cash Outflow | 279.0M | 983.0M | 640.0M | 284.0M | 384.0M | 490.0M | 295.0M | 286.0M | 354.0M | 274.0M | 366.0M | 293.0M | 208.0M | 128.0M |
| Operating Cash Flow | 31.2M | -81.4M | 36.7M | -25.8M | 64.7M | 66.6M | 27.0M | 12.8M | -37.6M | 20.9M | 66.5M | 65.0M | 32.7M | -11.2M |
| Total Investing Cash Inflow | 33.9M | 143.0M | 224.0M | 237.0M | 122.0M | 298.0M | 260.0M | 357.0M | 2,941 | 31,800 | 76,400 | -- | 9,565 | 200,900 |
| Total Investing Cash Outflow | 124.0M | 406.0M | 322.0M | 305.0M | 90.5M | 341.0M | 328.0M | 304.0M | 109.0M | 5.1M | 8.8M | 3.3M | 6.1M | 12.9M |
| Investing Cash Flow | -89.7M | -263.0M | -98.1M | -67.9M | 31.2M | -42.5M | -68.3M | 53.4M | -109.0M | -5.1M | -8.7M | -3.3M | -6.1M | -12.7M |
| Cash From Borrowings | 10.0M | 5.0M | 29.8M | 39.7M | 20.0M | 30.0M | 20.0M | 40.0M | 55.5M | 21.0M | 55.0M | 65.0M | 86.3M | 75.9M |
| Dividends And Interest Paid | 350,100 | 2,300 | 4.3M | 4.2M | 5.7M | 3.2M | 5.9M | 6.3M | 1.5M | 1.9M | 2.4M | 22.8M | 3.8M | 2.2M |
| Debt Repayments | 15.0M | -- | 49.8M | 20.0M | 50.0M | 20.0M | 40.0M | 55.0M | 21.5M | 40.0M | 55.0M | 78.3M | 71.7M | 81.2M |
| Total Financing Cash Inflow | 36.9M | 75.0M | 579.0M | 46.3M | 20.0M | 48.2M | 20.0M | 40.0M | 270.0M | 21.0M | 55.0M | 65.0M | 86.3M | 124.0M |
| Total Financing Cash Outflow | 95.1M | 63.1M | 137.0M | 28.3M | 56.2M | 23.2M | 45.9M | 63.5M | 25.8M | 41.9M | 57.4M | 101.0M | 75.5M | 83.4M |
| Financing Cash Flow | -58.2M | 11.9M | 442.0M | 17.9M | -36.2M | 25.0M | -25.9M | -23.5M | 244.0M | -20.9M | -2.4M | -36.1M | 10.8M | 40.5M |
| Net Change In Cash | -116.0M | -331.0M | 384.0M | -77.0M | 57.7M | 49.8M | -65.3M | 41.0M | 99.1M | -4.5M | 55.2M | 25.6M | 37.4M | 16.6M |
| Ending Cash Balance | 201.0M | 317.0M | 648.0M | 263.0M | 340.0M | 283.0M | 233.0M | 298.0M | 257.0M | 158.0M | 163.0M | 107.0M | 81.9M | 44.5M |
| Capex | 687,600 | 29.2M | 38.1M | 5.1M | 9.5M | 15.6M | 20.3M | 33.8M | 23.8M | 5.1M | 8.8M | 3.3M | 6.1M | 12.9M |