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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 476.0M | 682.0M | 293.0M | 312.0M | 489.0M | 353.0M | 631.0M | 675.0M | 648.0M | 621.0M | 398.0M | 376.0M | 304.0M |
| Revenue Growth % | -30.2% | 132.8% | -6.1% | -36.2% | 38.5% | -44.1% | -6.5% | 4.2% | 4.3% | 56.0% | 5.9% | 23.7% | -- |
| Total Revenue | 476.0M | 682.0M | 293.0M | 312.0M | 489.0M | 353.0M | 631.0M | 675.0M | 648.0M | 621.0M | 398.0M | 376.0M | 304.0M |
| Cost Of Revenue | 445.0M | 627.0M | 255.0M | 247.0M | 444.0M | 307.0M | 484.0M | 458.0M | 356.0M | 391.0M | 223.0M | 215.0M | 194.0M |
| Gross Profit | 31.0M | 55.0M | 38.0M | 65.0M | 45.0M | 46.0M | 147.0M | 217.0M | 292.0M | 230.0M | 175.0M | 161.0M | 110.0M |
| Gross Margin % | 6.5% | 8.1% | 13.0% | 20.8% | 9.2% | 13.0% | 23.3% | 32.1% | 45.1% | 37.0% | 44.0% | 42.8% | 36.2% |
| Total Operating Cost | 497.0M | 711.0M | 329.0M | 315.0M | 555.0M | 447.0M | 609.0M | 626.0M | 582.0M | 567.0M | 360.0M | 335.0M | 280.0M |
| Selling Expenses | 10.6M | 18.1M | 17.8M | 28.0M | 35.5M | 29.8M | 41.2M | 59.1M | 53.4M | 60.9M | 55.5M | 50.9M | 36.2M |
| Admin Expenses | 32.5M | 45.6M | 43.3M | 31.2M | 55.2M | 68.8M | 70.5M | 88.3M | 153.0M | 107.0M | 75.3M | 57.4M | 39.9M |
| Rd Expenses | 6.9M | 11.4M | 5.5M | 6.3M | 7.0M | 13.4M | 8.6M | 12.3M | -- | -- | -- | -- | -- |
| Finance Expenses | 1.4M | 2.6M | 3.4M | 1.8M | 1.0M | 483,600 | 885,600 | 2.6M | 2.1M | 2.3M | 1.7M | 2.8M | 2.4M |
| Operating Income | -16.4M | -30.5M | -42.8M | 6.2M | -63.6M | -85.1M | 24.5M | 51.5M | 67.5M | 54.5M | 37.4M | 41.0M | 24.1M |
| Operating Margin % | -3.4% | -4.5% | -14.6% | 2.0% | -13.0% | -24.1% | 3.9% | 7.6% | 10.4% | 8.8% | 9.4% | 10.9% | 7.9% |
| Non Operating Income | 2.1M | 1.2M | 4.3M | 381,300 | 98,300 | 335,300 | 10.5M | 3.8M | 3.0M | 1.0M | 803,300 | 1.1M | 185,900 |
| Non Operating Expenses | 1.3M | 2.2M | 674,600 | 979,200 | 21.3M | 4.8M | 2.4M | 1.3M | 2.0M | 1.9M | 69,600 | 1.4M | 26,800 |
| Investment Income | 1.6M | -2.0M | 310,600 | 9.5M | 934,000 | 5.0M | 3.3M | 2.0M | 1.8M | 138,500 | -- | 283,700 | 22,600 |
| Fair Value Change Income | 1.5M | 6,300 | -7.3M | -622,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 542,800 | -185,700 | -- | -22,500 | -743,300 | -101,300 | -54,300 | 12,800 | -156,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 84,300 | 4.7M | 3.2M | 384,500 | 8.9M | 25.5M | 10,000 | 4,000 | 10.6M | 106,900 | -159,700 | 3.2M | 2.2M |
| Other Income | 1.1M | 1.0M | 199,400 | 285,100 | 2.6M | 3.2M | 5,700 | 57,800 | -- | -- | -- | -- | -- |
| Income Before Tax | -15.5M | -31.5M | -39.2M | 5.6M | -84.8M | -89.5M | 32.6M | 54.0M | 68.5M | 53.6M | 38.1M | 40.8M | 24.3M |
| Income Tax | -36,900 | -3.0M | -6.7M | -947,600 | 2.7M | 3.4M | 5.6M | 14.4M | 21.2M | 13.5M | 9.4M | 10.0M | 8.1M |
| Net Income | -15.5M | -28.6M | -32.5M | 6.5M | -87.5M | -93.0M | 27.0M | 39.6M | 47.3M | 40.0M | 28.7M | 30.7M | 16.2M |
| Net Margin % | -3.3% | -4.2% | -11.1% | 2.1% | -17.9% | -26.3% | 4.3% | 5.9% | 7.3% | 6.4% | 7.2% | 8.2% | 5.3% |
| Net Income Attributable | -15.5M | -28.6M | -32.5M | 6.5M | -87.5M | -93.0M | 27.0M | 39.6M | 47.3M | 40.1M | 28.8M | 30.7M | 16.2M |
| Minority Interest | 1,500 | -- | -- | -- | -- | -- | -- | -- | -- | -33,400 | -62,400 | 4,600 | -- |
| Eps Basic | -0.12 | -0.23 | -0.26 | 0.05 | -0.67 | -0.72 | 0.21 | 0.65 | 1.16 | 0.99 | 0.72 | 0.77 | 0.44 |
| Eps Diluted | -0.12 | -0.23 | -0.26 | 0.05 | -0.67 | -0.72 | 0.21 | 0.65 | 1.16 | 0.99 | 0.72 | 0.77 | 0.44 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 66.3M | 76.9M | 59.7M | 121.0M | 125.0M | 194.0M | 291.0M | 94.8M | 6.9M | 61.9M | 17.0M | 36.1M | 15.0M |
| Trading Financial Assets | 11.6M | 9.4M | 32.1M | 4.4M | -- | -- | -- | -- | 50.0M | -- | -- | -- | -- |
| Accounts Receivable | 3.1M | 4.2M | 7.0M | 15.4M | 23.6M | 18.0M | 25.9M | 43.0M | 64.1M | 59.2M | 58.4M | 31.1M | 28.2M |
| Notes And Accounts Receivable | 3.1M | 4.2M | 7.0M | 15.4M | 23.6M | 18.0M | 25.9M | 43.0M | 64.1M | 59.2M | 58.4M | 31.1M | 28.2M |
| Prepayments | 5.0M | 7.0M | 16.9M | 8.6M | 14.4M | 9.9M | 3.5M | 5.3M | 2.3M | 5.4M | 4.4M | 2.0M | 4.9M |
| Inventory | 27.2M | 14.6M | 13.8M | 15.7M | 31.7M | 17.8M | 15.5M | 12.2M | 6.9M | 11.2M | 12.7M | 8.4M | 18.6M |
| Total Current Assets | 122.0M | 122.0M | 142.0M | 182.0M | 229.0M | 292.0M | 368.0M | 193.0M | 204.0M | 176.0M | 125.0M | 103.0M | 88.8M |
| Fixed Assets | -- | 1.3M | 2.0M | 2.8M | 3.9M | 5.5M | 5.9M | 6.7M | 6.9M | 9.6M | 7.6M | 7.5M | 6.8M |
| Fixed Assets Total | 827,600 | 1.3M | 2.0M | 2.8M | 3.9M | 5.5M | 5.9M | 6.7M | 6.9M | 9.6M | 7.6M | 7.5M | 6.8M |
| Intangible Assets | 4.5M | 5.7M | 5.0M | 4.0M | 6.3M | 16.5M | 38.4M | 20.9M | 22.0M | 36.1M | 39.0M | 45.1M | 61.1M |
| Long Term Deferred Expenses | 541,500 | 681,000 | 2.2M | 3.8M | 5.0M | 8.9M | 14.1M | 17.1M | 8.7M | 7.8M | 6.5M | 5.6M | 8.5M |
| Total Non Current Assets | 31.4M | 40.2M | 52.2M | 58.3M | 42.5M | 55.3M | 104.0M | 81.4M | 77.3M | 87.7M | 89.4M | 93.7M | 108.0M |
| Total Assets | 153.0M | 162.0M | 194.0M | 240.0M | 272.0M | 347.0M | 471.0M | 274.0M | 282.0M | 264.0M | 214.0M | 197.0M | 197.0M |
| Short Term Borrowings | -- | -- | 19.9M | -- | -- | -- | 500,000 | -- | -- | -- | -- | 15.0M | 36.0M |
| Accounts Payable | 5.1M | 1.6M | 1.5M | 1.0M | 5.8M | 6.5M | 11.6M | 11.0M | 2.8M | 6.0M | 6.7M | 15.0M | 13.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 24.7M | 9.7M | 6.7M | 10.6M | 10.3M | 3.1M | 2.4M | 1.6M |
| Contract Liabilities | 5.6M | 5.3M | 7.9M | 13.1M | 16.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 57.2M | 54.9M | 67.0M | 63.9M | 69.3M | 75.2M | 64.8M | 71.7M | 84.7M | 87.5M | 60.7M | 58.6M | 87.0M |
| Long Term Borrowings | -- | -- | -- | 10.0M | 16.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.4M | 2.3M | 2.3M | 15.4M | 18.6M | 788,900 | 3.5M | -- | 1.3M | 4.3M | 7.3M | 10.3M | 13.3M |
| Total Liabilities | 58.6M | 57.2M | 69.3M | 79.3M | 88.0M | 76.0M | 68.3M | 71.7M | 86.0M | 91.8M | 68.0M | 68.9M | 100.0M |
| Paid In Capital | 130.0M | 130.0M | 130.0M | 130.0M | 130.0M | 131.0M | 81.7M | 40.7M | 40.7M | 40.7M | 40.0M | 40.0M | 40.0M |
| Capital Reserve | 159.0M | 163.0M | 159.0M | 155.0M | 156.0M | 157.0M | 211.0M | 38.1M | 38.1M | 37.2M | 31.8M | 31.8M | 31.8M |
| Surplus Reserve | 17.1M | 17.1M | 17.1M | 17.1M | 17.1M | 17.1M | 17.1M | 12.3M | 10.8M | 6.4M | 1.8M | 674,700 | 252,400 |
| Retained Earnings | -178.0M | -163.0M | -134.0M | -102.0M | -108.0M | -20.8M | 97.0M | 112.0M | 106.0M | 87.7M | 72.6M | 54.9M | 24.6M |
| Minority Equity | 1,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 242,200 | 304,600 | -- |
| Equity Attributable | 94.7M | 105.0M | 125.0M | 160.0M | 184.0M | 271.0M | 403.0M | 203.0M | 196.0M | 172.0M | 146.0M | 127.0M | 96.7M |
| Total Equity | 94.7M | 105.0M | 125.0M | 160.0M | 184.0M | 271.0M | 403.0M | 203.0M | 196.0M | 172.0M | 146.0M | 128.0M | 96.7M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 553.0M | 690.0M | 345.0M | 381.0M | 591.0M | 445.0M | 682.0M | 789.0M | 737.0M | 719.0M | 445.0M | 424.0M | 310.0M |
| Tax Refunds Received | -- | -- | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 566.0M | 714.0M | 355.0M | 412.0M | 597.0M | 460.0M | 698.0M | 797.0M | 754.0M | 736.0M | 448.0M | 428.0M | 314.0M |
| Cash Paid For Goods | 522.0M | 594.0M | 267.0M | 249.0M | 509.0M | 346.0M | 480.0M | 485.0M | 379.0M | 413.0M | 242.0M | 195.0M | 183.0M |
| Cash Paid To Employees | 37.6M | 72.8M | 65.6M | 65.6M | 95.5M | 106.0M | 108.0M | 141.0M | 132.0M | 119.0M | 89.9M | 79.2M | 53.9M |
| Taxes Paid | 3.7M | 9.0M | 7.6M | 10.3M | 9.7M | 19.5M | 27.2M | 70.4M | 80.7M | 56.2M | 46.3M | 45.8M | 27.7M |
| Total Operating Cash Outflow | 573.0M | 697.0M | 357.0M | 365.0M | 686.0M | 513.0M | 648.0M | 751.0M | 676.0M | 651.0M | 430.0M | 361.0M | 304.0M |
| Operating Cash Flow | -6.8M | 17.1M | -2.0M | 47.1M | -88.8M | -52.8M | 50.4M | 45.9M | 78.1M | 84.9M | 17.9M | 67.1M | 9.9M |
| Total Investing Cash Inflow | 375.0M | 64.7M | 229.0M | 394.0M | 301.0M | 1.4B | 928.0M | 458.0M | 370.0M | 45.4M | -- | 559,800 | 279,800 |
| Total Investing Cash Outflow | 374.0M | 45.3M | 266.0M | 393.0M | 313.0M | 1.4B | 971.0M | 384.0M | 479.0M | 65.3M | 16.6M | 23.4M | 77.2M |
| Investing Cash Flow | 1.0M | 19.5M | -36.2M | 1.3M | -12.2M | -6.3M | -43.4M | 75.0M | -109.0M | -19.9M | -16.6M | -22.8M | -77.0M |
| Cash From Borrowings | -- | -- | 22.1M | -- | 20.0M | -- | 9.9M | -- | -- | 19.6M | -- | 43.0M | 36.0M |
| Dividends And Interest Paid | -- | 64,800 | 2.2M | 735,200 | -- | 24.5M | 37.0M | 32.6M | 24.4M | 20.6M | 10.9M | 2.4M | 678,000 |
| Debt Repayments | -- | 19.9M | 18.2M | 4.0M | 0.00 | 500,000 | 9.4M | -- | -- | 19.6M | 15.0M | 64.0M | 0.00 |
| Total Financing Cash Inflow | 4.3M | 1.7M | 22.1M | -- | 20.0M | 252,900 | 246.0M | -- | -- | 19.6M | 5.5M | 43.3M | 66.0M |
| Total Financing Cash Outflow | 2.9M | 27.1M | 41.4M | 48.0M | 1.7M | 41.0M | 56.8M | 32.6M | 24.4M | 40.2M | 25.9M | 66.4M | 678,000 |
| Financing Cash Flow | 1.4M | -25.5M | -19.3M | -48.0M | 18.3M | -40.8M | 190.0M | -32.6M | -24.4M | -20.6M | -20.4M | -23.1M | 65.3M |
| Net Change In Cash | -4.3M | 11.1M | -57.5M | 337,900 | -82.8M | -99.8M | 197.0M | 88.3M | -54.9M | 44.4M | -19.1M | 21.1M | -1.8M |
| Ending Cash Balance | 58.3M | 62.6M | 51.5M | 109.0M | 109.0M | 191.0M | 291.0M | 94.8M | 6.5M | 61.4M | 17.0M | 36.1M | 15.0M |
| Capex | 613,400 | 1.3M | 1.6M | 4.9M | 14.0M | 10.7M | 20.2M | 21.6M | 17.6M | 20.3M | 16.6M | 13.7M | 12.5M |