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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 345.0M | 553.0M | 619.0M | 639.0M | 497.0M | 92.3M | 35.2M | 15.9M | 64.0M | 36.1M | 16.1M |
| Revenue Growth % | -37.6% | -10.7% | -3.1% | 28.6% | 438.5% | 162.0% | 121.3% | -75.1% | 77.5% | 124.2% | -- |
| Total Revenue | 345.0M | 553.0M | 619.0M | 639.0M | 497.0M | 92.3M | 35.2M | 15.9M | 64.0M | 36.1M | 16.1M |
| Cost Of Revenue | 317.0M | 437.0M | 476.0M | 482.0M | 356.0M | 70.3M | 28.7M | 13.0M | 47.2M | 27.9M | 17.1M |
| Gross Profit | 28.0M | 116.0M | 143.0M | 157.0M | 141.0M | 22.0M | 6.5M | 2.9M | 16.8M | 8.1M | -1.0M |
| Gross Margin % | 8.1% | 21.0% | 23.1% | 24.6% | 28.4% | 23.8% | 18.5% | 18.2% | 26.2% | 22.6% | -6.4% |
| Total Operating Cost | 467.0M | 552.0M | 560.0M | 572.0M | 407.0M | 88.1M | 43.4M | 28.0M | 64.7M | 35.5M | 21.6M |
| Selling Expenses | 13.1M | 9.2M | 8.8M | 10.0M | 7.4M | 2.8M | 1.6M | 1.5M | 2.0M | 766,700 | 342,200 |
| Admin Expenses | 53.6M | 38.9M | 28.6M | 31.8M | 19.9M | 6.4M | 5.6M | 7.4M | 8.9M | 6.0M | 3.5M |
| Rd Expenses | 51.3M | 42.6M | 32.2M | 27.8M | 11.1M | 4.2M | 3.7M | 3.4M | -- | -- | -- |
| Finance Expenses | 12.3M | 8.2M | 6.7M | 4.4M | 2.1M | 1.7M | 1.7M | 1.6M | 1.9M | 623,400 | 499,900 |
| Operating Income | -31.8M | 21.5M | 61.0M | 69.1M | 93.2M | 7.9M | -3.4M | -7.9M | -729,900 | 553,600 | -5.6M |
| Operating Margin % | -9.2% | 3.9% | 9.9% | 10.8% | 18.8% | 8.6% | -9.6% | -49.6% | -1.1% | 1.5% | -34.5% |
| Non Operating Income | 369,400 | 19.5M | 9.1M | 3.3M | 17,500 | 66,800 | 500,000 | 306,800 | 1.4M | 1.9M | 2.4M |
| Non Operating Expenses | 37,100 | 3,800 | 9,400 | 403,400 | 75,600 | 1,500 | 6,200 | 23,600 | 258,500 | 2,000 | 77,400 |
| Investment Income | -1.2M | -2.5M | -7.2M | -4.8M | -573,000 | -104,100 | -- | 0.00 | -- | -- | -- |
| Fair Value Change Income | 5.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 532,500 | -25,100 | 2,300 | -- | -7,500 | -200.00 | 600.00 | 35,800 | -70,500 | -- | -- |
| Asset Impairment Loss | 9.4M | 5.2M | 1.3M | 6.1M | 2.6M | 36,100 | 1.7M | 883,800 | 4.1M | -31,400 | 154,800 |
| Other Income | 86.1M | 22.7M | 9.3M | 6.7M | 4.0M | 3.9M | 4.8M | 4.1M | -- | -- | -- |
| Income Before Tax | -31.5M | 41.0M | 70.1M | 72.0M | 93.1M | 8.0M | -2.9M | -7.6M | 370,200 | 2.5M | -3.2M |
| Income Tax | -1.9M | -240,000 | 1.8M | 8.2M | 13.2M | -349,600 | -494,800 | -254,000 | 116,800 | 185,700 | -16,800 |
| Net Income | -29.5M | 41.2M | 68.3M | 63.7M | 79.9M | 8.4M | -2.4M | -7.4M | 253,300 | 2.3M | -3.2M |
| Net Margin % | -8.6% | 7.5% | 11.0% | 10.0% | 16.1% | 9.1% | -6.8% | -46.2% | 0.4% | 6.3% | -19.7% |
| Net Income Attributable | -29.5M | 41.2M | 68.3M | 63.7M | 79.9M | 8.4M | -2.4M | -7.4M | 253,300 | 2.3M | -3.2M |
| Eps Basic | -0.41 | 0.68 | 1.26 | 1.17 | 1.57 | 0.60 | -0.17 | -0.53 | 0.02 | 0.19 | -0.27 |
| Eps Diluted | -0.41 | 0.68 | 1.26 | 1.17 | 1.57 | 0.60 | -0.17 | -0.53 | 0.02 | 0.19 | -0.27 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 71.0M | 281.0M | 96.3M | 79.9M | 115.0M | 22.1M | 487,600 | 1.0M | 3.4M | 2.2M | 2.5M |
| Trading Financial Assets | 45.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 376.0M | 369.0M | 297.0M | 255.0M | 150.0M | 50.4M | 27.2M | -- | 29.9M | 18.5M | 7.6M |
| Notes Receivable | 8.7M | 1.8M | 20.1M | 23.3M | 33.7M | 25.9M | 5.2M | -- | 30.3M | 2.1M | -- |
| Notes And Accounts Receivable | 384.0M | 371.0M | 318.0M | 278.0M | 183.0M | 76.2M | 32.4M | 24.6M | 60.2M | 20.6M | 7.6M |
| Prepayments | 6.0M | 7.1M | 3.7M | 1.7M | 2.7M | 1.3M | 283,200 | 207,900 | 170,600 | 294,700 | 640,200 |
| Inventory | 189.0M | 91.6M | 76.3M | 64.2M | 88.5M | 19.8M | 10.9M | 9.5M | 8.3M | 10.3M | 7.9M |
| Total Current Assets | 748.0M | 883.0M | 570.0M | 476.0M | 495.0M | 128.0M | 45.1M | 36.1M | 72.2M | 36.0M | 21.4M |
| Fixed Assets | -- | 372.0M | 88.0M | 28.2M | 45.5M | 10.4M | 9.1M | -- | 10.7M | 11.4M | 10.6M |
| Fixed Assets Total | 413.0M | 372.0M | 88.0M | 28.2M | 45.5M | 10.4M | 9.1M | 10.4M | 10.7M | 11.4M | 10.6M |
| Construction In Progress | -- | 45.1M | 254.0M | 48.4M | 8.8M | 3.9M | 644,000 | -- | -- | -- | -- |
| Construction In Progress Total | 678.0M | 45.1M | 254.0M | 48.4M | 8.8M | 3.9M | 644,000 | 507,200 | -- | -- | -- |
| Intangible Assets | 117.0M | 119.0M | 41.1M | 40.3M | 31.8M | 3.0M | 595,000 | 645,900 | 662,600 | 633,000 | 650,100 |
| Long Term Deferred Expenses | 4.6M | 3.9M | 3.4M | 3.3M | 1.4M | 627,200 | 46,800 | 70,300 | 93,700 | 117,100 | -- |
| Total Non Current Assets | 1.4B | 618.0M | 462.0M | 238.0M | 124.0M | 22.0M | 15.5M | 15.4M | 13.8M | 12.5M | 11.3M |
| Total Assets | 2.1B | 1.5B | 1.0B | 713.0M | 619.0M | 150.0M | 60.6M | 51.5M | 86.0M | 48.5M | 32.7M |
| Short Term Borrowings | 169.0M | 133.0M | 141.0M | 53.9M | 36.0M | 12.9M | 15.7M | 19.2M | 25.3M | 10.9M | 6.5M |
| Accounts Payable | 390.0M | 205.0M | 232.0M | 179.0M | 176.0M | 57.7M | 27.7M | -- | 29.8M | 16.7M | 9.8M |
| Advance Receipts | 117,400 | 132,100 | -- | -- | -- | -- | -- | 234,000 | 207,500 | 86,000 | -- |
| Contract Liabilities | 6.8M | 4.3M | 4.2M | 4.2M | 7.7M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 647.0M | 479.0M | 524.0M | 419.0M | 442.0M | 114.0M | 51.1M | 38.9M | 66.1M | 36.4M | 22.3M |
| Long Term Borrowings | 665.0M | 136.0M | 185.0M | 43.2M | 5.0M | 7.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 707.0M | 180.0M | 229.0M | 84.4M | 23.1M | 20.1M | 1.8M | 2.5M | 1.4M | 2.0M | 2.5M |
| Total Liabilities | 1.4B | 659.0M | 753.0M | 503.0M | 465.0M | 134.0M | 52.9M | 41.5M | 67.5M | 38.3M | 24.8M |
| Paid In Capital | 72.4M | 72.4M | 54.3M | 54.3M | 54.3M | 14.0M | 14.0M | 14.0M | 14.0M | 11.8M | 11.8M |
| Capital Reserve | 594.0M | 599.0M | 62.1M | 62.1M | 62.1M | 5.3M | 5.3M | 5.3M | 5.0M | 6.5M | 6.5M |
| Surplus Reserve | 24.5M | 24.5M | 20.7M | 14.3M | 7.6M | -- | -- | -- | -- | -- | -- |
| Retained Earnings | 76.2M | 146.0M | 141.0M | 79.6M | 30.7M | -3.3M | -11.6M | -9.2M | -486,900 | -8.1M | -10.4M |
| Equity Attributable | 753.0M | 842.0M | 278.0M | 210.0M | 155.0M | 16.0M | 7.7M | 10.1M | 18.5M | 10.2M | 7.9M |
| Total Equity | 753.0M | 842.0M | 278.0M | 210.0M | 155.0M | 16.0M | 7.7M | 10.1M | 18.5M | 10.2M | 7.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 344.0M | 404.0M | 504.0M | 546.0M | 269.0M | 29.3M | 18.6M | 26.3M | 17.4M | 26.1M | 15.3M |
| Tax Refunds Received | 62.7M | 18.1M | 8.5M | 511,700 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 640.0M | 665.0M | 700.0M | 796.0M | 314.0M | 34.7M | 23.7M | 31.0M | 19.1M | 28.0M | 17.3M |
| Cash Paid For Goods | 358.0M | 411.0M | 413.0M | 432.0M | 125.0M | 6.9M | 8.6M | 21.9M | 23.2M | 21.9M | 9.2M |
| Cash Paid To Employees | 114.0M | 96.8M | 81.8M | 70.8M | 38.5M | 11.1M | 8.8M | 8.4M | 8.6M | 5.4M | 3.8M |
| Taxes Paid | 10.6M | 24.0M | 18.9M | 29.0M | 24.1M | 1.4M | 979,100 | 2.5M | 2.1M | 1.4M | 444,300 |
| Total Operating Cash Outflow | 674.0M | 715.0M | 694.0M | 782.0M | 299.0M | 36.9M | 21.4M | 37.4M | 37.5M | 31.2M | 14.6M |
| Operating Cash Flow | -33.6M | -50.7M | 6.2M | 14.9M | 15.6M | -2.2M | 2.3M | -6.4M | -18.3M | -3.2M | 2.7M |
| Total Investing Cash Inflow | 22,500 | 20.1M | 2.1M | 5.5M | 15.5M | 2.3M | 1.4M | 782,900 | -- | -- | -- |
| Total Investing Cash Outflow | 658.0M | 219.0M | 203.0M | 83.0M | 64.6M | 7.0M | 3.4M | 2.6M | 3.9M | 2.9M | 2.4M |
| Investing Cash Flow | -658.0M | -198.0M | -201.0M | -77.5M | -49.1M | -4.7M | -2.0M | -1.8M | -3.9M | -2.9M | -2.4M |
| Cash From Borrowings | 894.0M | 234.0M | 284.0M | 110.0M | 46.0M | 24.8M | 15.7M | 22.1M | 28.1M | 19.8M | 12.4M |
| Dividends And Interest Paid | 57.9M | 49.2M | 11.2M | 11.3M | 15.1M | 1.3M | 1.1M | 981,300 | 575,400 | 510,100 | 429,700 |
| Debt Repayments | 329.0M | 271.0M | 59.8M | 49.6M | 20.2M | 16.1M | 15.2M | 14.9M | 11.9M | 15.5M | 10.1M |
| Total Financing Cash Inflow | 901.0M | 816.0M | 301.0M | 122.0M | 125.0M | 45.1M | 23.1M | 25.1M | 55.6M | 33.4M | 16.7M |
| Total Financing Cash Outflow | 416.0M | 352.0M | 89.8M | 88.1M | 65.2M | 29.5M | 23.9M | 16.3M | 33.3M | 27.8M | 18.1M |
| Financing Cash Flow | 485.0M | 464.0M | 211.0M | 34.0M | 59.6M | 15.6M | -778,700 | 8.8M | 22.3M | 5.6M | -1.4M |
| Net Change In Cash | -207.0M | 215.0M | 16.1M | -28.6M | 26.2M | 8.7M | -515,900 | 651,900 | 57,300 | -422,600 | -983,800 |
| Ending Cash Balance | 30.9M | 238.0M | 22.9M | 6.8M | 35.4M | 9.2M | 487,600 | 1.0M | 356,700 | 299,400 | 722,000 |
| Capex | 618.0M | 199.0M | 203.0M | 80.3M | 47.9M | 2.1M | 1.3M | 2.6M | 3.9M | 2.9M | 2.4M |