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 | 163.0M | 159.0M | 179.0M | 145.0M | 270.0M |
| Revenue Growth % | 2.5% | -11.2% | 23.4% | -46.3% | -- |
| Total Revenue | 163.0M | 159.0M | 179.0M | 145.0M | 270.0M |
| Cost Of Revenue | 102.0M | 113.0M | 134.0M | 97.8M | 233.0M |
| Gross Profit | 61.0M | 46.0M | 45.0M | 47.2M | 37.0M |
| Gross Margin % | 37.4% | 28.9% | 25.1% | 32.6% | 13.7% |
| Total Operating Cost | 237.0M | 212.0M | 263.0M | 243.0M | 403.0M |
| Selling Expenses | 45.5M | 41.4M | 46.8M | 40.3M | 32.8M |
| Admin Expenses | 51.8M | 59.5M | 47.8M | 49.0M | 40.1M |
| Rd Expenses | 15.4M | 16.3M | 16.0M | 13.8M | 20.4M |
| Finance Expenses | -1.4M | -2.8M | -3.5M | -3.5M | -3.4M |
| Operating Income | -61.3M | -42.1M | -74.0M | -91.2M | -130.0M |
| Operating Margin % | -37.6% | -26.5% | -41.4% | -62.9% | -48.1% |
| Non Operating Income | 41,500 | 52,200 | 158,300 | 6.00 | 61,100 |
| Non Operating Expenses | 565,400 | 291,800 | 107,100 | 145,200 | 1.1M |
| Investment Income | 2.9M | 5.8M | 6.6M | 3.8M | -966,700 |
| Asset Disposal Income | 38,900 | 29,500 | 32,500 | -6,700 | 68,100 |
| Asset Impairment Loss | -9.5M | 1.2M | -2.3M | 15.6M | 16.8M |
| Other Income | 9.6M | 5.0M | 4.0M | 2.7M | 3.3M |
| Income Before Tax | -61.8M | -42.3M | -74.0M | -91.3M | -131.0M |
| Income Tax | -1.3M | -2.2M | -13.1M | -5.9M | 4.3M |
| Net Income | -60.6M | -40.2M | -60.9M | -85.5M | -136.0M |
| Net Margin % | -37.1% | -25.3% | -34.0% | -58.9% | -50.4% |
| Net Income Attributable | -60.6M | -40.2M | -60.9M | -85.5M | -136.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -0.32 | -0.21 | -0.32 | -0.51 | -0.83 |
| Eps Diluted | -0.32 | -0.21 | -0.32 | -0.51 | -0.83 |
| 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 | 241.0M | 283.0M | 321.0M | 273.0M | 87.3M |
| Trading Financial Assets | -- | -- | -- | 110.0M | -- |
| Accounts Receivable | 193.0M | 240.0M | 340.0M | 322.0M | 452.0M |
| Notes Receivable | 3.4M | 430,000 | -- | 3.1M | 3.9M |
| Notes And Accounts Receivable | 196.0M | 241.0M | 340.0M | 325.0M | 456.0M |
| Prepayments | 2.2M | 3.3M | 2.1M | 9.8M | 4.6M |
| Inventory | 28.7M | 59.2M | 67.6M | 85.4M | 73.4M |
| Total Current Assets | 504.0M | 621.0M | 784.0M | 908.0M | 778.0M |
| Long Term Equity Investment | 9.7M | 9.7M | 10.0M | -- | 7.3M |
| Fixed Assets | -- | 49.9M | 4.3M | 3.3M | 4.0M |
| Fixed Assets Total | 55.3M | 49.9M | 4.3M | 3.3M | 4.0M |
| Construction In Progress | -- | 3.5M | 119,600 | -- | -- |
| Construction In Progress Total | -- | 3.5M | 119,600 | -- | -- |
| Intangible Assets | 1.6M | 4.6M | 10.7M | 11.1M | 21.2M |
| Long Term Deferred Expenses | 293,000 | 251,000 | -- | 32,400 | 197,000 |
| Total Non Current Assets | 143.0M | 135.0M | 95.5M | 87.1M | 135.0M |
| Total Assets | 647.0M | 756.0M | 879.0M | 995.0M | 913.0M |
| Short Term Borrowings | -- | -- | 10.0M | 70.1M | 105.0M |
| Accounts Payable | 227.0M | 244.0M | 298.0M | 289.0M | 372.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 31.1M | 53.5M | 66.8M | 56.3M | 46.8M |
| Total Current Liabilities | 307.0M | 346.0M | 437.0M | 484.0M | 625.0M |
| Long Term Borrowings | -- | -- | -- | 9.0M | -- |
| Total Non Current Liabilities | 20.1M | 25.3M | 21.8M | 28.6M | 6.8M |
| Total Liabilities | 327.0M | 372.0M | 459.0M | 513.0M | 632.0M |
| Paid In Capital | 191.0M | 191.0M | 192.0M | 193.0M | 166.0M |
| Capital Reserve | 308.0M | 307.0M | 310.0M | 316.0M | 72.2M |
| Surplus Reserve | 11.8M | 11.8M | 11.8M | 11.8M | 11.8M |
| Retained Earnings | -193.0M | -132.0M | -91.9M | -31.1M | 54.4M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 320.0M | 384.0M | 420.0M | 483.0M | 281.0M |
| Total Equity | 320.0M | 384.0M | 420.0M | 483.0M | 281.0M |
| 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 | 219.0M | 309.0M | 264.0M | 395.0M | 279.0M |
| Tax Refunds Received | 639,200 | 1.3M | 3.5M | 455,000 | 2.4M |
| Total Operating Cash Inflow | 248.0M | 344.0M | 286.0M | 418.0M | 304.0M |
| Cash Paid For Goods | 126.0M | 166.0M | 122.0M | 230.0M | 221.0M |
| Cash Paid To Employees | 98.3M | 96.4M | 96.9M | 85.3M | 67.5M |
| Taxes Paid | 10.9M | 14.9M | 18.8M | 16.3M | 16.3M |
| Total Operating Cash Outflow | 272.0M | 313.0M | 260.0M | 364.0M | 350.0M |
| Operating Cash Flow | -24.7M | 31.4M | 25.9M | 54.3M | -46.1M |
| Total Investing Cash Inflow | 849.0M | 1.7B | 1.2B | 130.0M | 352.0M |
| Total Investing Cash Outflow | 856.0M | 1.7B | 1.1B | 239.0M | 342.0M |
| Investing Cash Flow | -6.9M | -49.4M | 105.0M | -110.0M | 10.1M |
| Cash From Borrowings | -- | 2.0M | 10.0M | 83.2M | 128.0M |
| Dividends And Interest Paid | 140,100 | 362,200 | 2.1M | 3.9M | 6.5M |
| Debt Repayments | -- | 12.0M | 80.0M | 108.0M | 93.0M |
| Total Financing Cash Inflow | 625,000 | 2.0M | 10.0M | 381.0M | 146.0M |
| Total Financing Cash Outflow | 11.7M | 20.1M | 92.6M | 137.0M | 110.0M |
| Financing Cash Flow | -11.0M | -18.1M | -82.6M | 244.0M | 35.6M |
| Net Change In Cash | -42.6M | -36.0M | 48.2M | 189.0M | -338,100 |
| Ending Cash Balance | 237.0M | 279.0M | 315.0M | 267.0M | 78.3M |
| Capex | 3.6M | 55.9M | 2.1M | 7.8M | 11.2M |