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 | 1.4B | 1.5B | 1.2B | 1.0B | 976.0M |
| Revenue Growth % | -2.8% | 25.5% | 14.7% | 5.4% | -- |
| Total Revenue | 1.4B | 1.5B | 1.2B | 1.0B | 976.0M |
| Cost Of Revenue | 97.7M | 77.5M | 53.4M | 46.5M | 50.3M |
| Gross Profit | 1.3B | 1.4B | 1.1B | 982.5M | 925.7M |
| Gross Margin % | 93.2% | 94.8% | 95.5% | 95.5% | 94.8% |
| Total Operating Cost | 1.6B | 1.4B | 1.1B | 1.0B | 856.0M |
| Selling Expenses | 849.0M | 723.0M | 580.0M | 482.0M | 441.0M |
| Admin Expenses | 164.0M | 165.0M | 139.0M | 146.0M | 142.0M |
| Rd Expenses | 442.0M | 403.0M | 348.0M | 328.0M | 219.0M |
| Finance Expenses | -20.6M | 3.1M | 19.2M | 10.2M | 238,500 |
| Operating Income | -153.0M | 107.0M | 73.0M | 48.1M | 143.0M |
| Operating Margin % | -10.6% | 7.2% | 6.2% | 4.7% | 14.7% |
| Non Operating Income | 1.9M | 823,200 | 223,700 | 602,200 | 125,400 |
| Non Operating Expenses | 3.2M | 1.0M | 1.4M | 765,500 | 3.6M |
| Investment Income | 5.2M | -8.7M | 4.3M | 12.3M | 16.9M |
| Fair Value Change Income | -15.6M | -8.7M | 19.4M | 4.5M | -953,400 |
| Asset Disposal Income | 608,700 | 548,800 | 449,400 | 3.3M | 7,400 |
| Asset Impairment Loss | 59.3M | -- | 2.7M | -- | 3.0M |
| Other Income | 14.4M | 17.6M | 13.5M | 14.6M | 7.3M |
| Income Before Tax | -154.0M | 106.0M | 71.8M | 47.9M | 140.0M |
| Income Tax | 3.2M | -1.9M | 7.5M | -1.2M | 6.0M |
| Net Income | -157.0M | 108.0M | 64.3M | 49.1M | 134.0M |
| Net Margin % | -10.9% | 7.3% | 5.4% | 4.8% | 13.7% |
| Net Income Attributable | -163.0M | 86.2M | 40.4M | -34.5M | 125.0M |
| Minority Interest | 6.0M | 22.1M | 23.9M | 83.6M | 8.8M |
| Eps Basic | -0.85 | 0.46 | 0.31 | -0.27 | 0.97 |
| Eps Diluted | -0.85 | 0.46 | 0.31 | -0.27 | 0.96 |
| 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 | 431.0M | 511.0M | 345.0M | 460.0M | 122.0M |
| Trading Financial Assets | 101.0M | 184.0M | 213.0M | 202.0M | 368.0M |
| Accounts Receivable | 64.6M | 49.6M | 45.1M | 34.9M | 23.7M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 64.6M | 49.6M | 45.1M | 34.9M | 23.7M |
| Prepayments | 26.0M | 20.0M | 17.4M | 13.0M | 14.8M |
| Inventory | -- | -- | -- | -- | 357,000 |
| Total Current Assets | 637.0M | 782.0M | 648.0M | 725.0M | 548.0M |
| Long Term Equity Investment | 26.7M | 41.2M | 55.8M | 70.6M | 48.0M |
| Fixed Assets | -- | 315.0M | 318.0M | 143.0M | 144.0M |
| Fixed Assets Total | 299.0M | 315.0M | 318.0M | 143.0M | 144.0M |
| Construction In Progress Total | 20.3M | -- | -- | -- | -- |
| Intangible Assets | 117.0M | 51.3M | 42.8M | 37.4M | 2.1M |
| Long Term Deferred Expenses | 8.2M | 5.0M | 6.0M | 7.5M | 7.5M |
| Total Non Current Assets | 880.0M | 897.0M | 884.0M | 818.0M | 516.0M |
| Total Assets | 1.5B | 1.7B | 1.5B | 1.5B | 1.1B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 14.1M | 11.8M | 7.6M | 4.6M | 2.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 51.7M | 25.3M | 26.2M | 27.6M | 22.1M |
| Total Current Liabilities | 303.0M | 244.0M | 201.0M | 185.0M | 170.0M |
| Long Term Borrowings | 30.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 64.1M | 41.0M | 448.0M | 478.0M | 65.6M |
| Total Liabilities | 367.0M | 285.0M | 649.0M | 663.0M | 236.0M |
| Paid In Capital | 193.0M | 138.0M | 130.0M | 130.0M | 130.0M |
| Capital Reserve | 617.0M | 686.0M | 251.0M | 296.0M | 318.0M |
| Surplus Reserve | 57.1M | 51.2M | 48.0M | 44.0M | 39.5M |
| Retained Earnings | 271.0M | 456.0M | 374.0M | 336.0M | 377.0M |
| Minority Equity | 21.7M | 68.6M | 62.6M | 62.2M | -24.1M |
| Equity Attributable | 1.1B | 1.3B | 820.0M | 817.0M | 852.0M |
| Total Equity | 1.1B | 1.4B | 883.0M | 880.0M | 828.0M |
| 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 | 1.5B | 1.5B | 1.2B | 1.0B | 983.0M |
| Tax Refunds Received | 21.8M | 19.9M | 8.9M | 8.0M | 1.8M |
| Total Operating Cash Inflow | 1.5B | 1.5B | 1.2B | 1.1B | 992.0M |
| Cash Paid For Goods | 101.0M | 74.5M | 50.1M | 47.6M | 29.3M |
| Cash Paid To Employees | 629.0M | 569.0M | 518.0M | 450.0M | 305.0M |
| Taxes Paid | 22.9M | 17.4M | 13.3M | 22.2M | 13.2M |
| Total Operating Cash Outflow | 1.5B | 1.3B | 1.1B | 943.0M | 796.0M |
| Operating Cash Flow | 33.3M | 234.0M | 107.0M | 142.0M | 195.0M |
| Total Investing Cash Inflow | 245.0M | 39.6M | 24.1M | 196.0M | 69.6M |
| Total Investing Cash Outflow | 353.0M | 91.5M | 159.0M | 277.0M | 200.0M |
| Investing Cash Flow | -107.0M | -51.9M | -134.0M | -81.4M | -130.0M |
| Cash From Borrowings | 30.0M | -- | -- | 375.0M | -- |
| Dividends And Interest Paid | 15.3M | 13.4M | 13.2M | 32.9M | 31.4M |
| Debt Repayments | -- | 3.3M | -- | -- | -- |
| Total Financing Cash Inflow | 52.3M | 21.1M | 1.9M | 376.0M | -- |
| Total Financing Cash Outflow | 68.3M | 36.0M | 75.8M | 104.0M | 43.8M |
| Financing Cash Flow | -16.0M | -14.9M | -73.9M | 271.0M | -43.8M |
| Net Change In Cash | -79.5M | 165.0M | -105.0M | 331.0M | 21.3M |
| Ending Cash Balance | 428.0M | 508.0M | 342.0M | 447.0M | 116.0M |
| Capex | 181.0M | 45.7M | 81.5M | 117.0M | 119.0M |