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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 470.0M | 491.0M | 572.0M | 778.0M | 573.0M | 496.0M | 310.0M | 174.0M | 115.0M |
| Revenue Growth % | -4.3% | -14.2% | -26.5% | 35.8% | 15.5% | 60.0% | 78.2% | 51.3% | -- |
| Total Revenue | 470.0M | 491.0M | 572.0M | 778.0M | 573.0M | 496.0M | 310.0M | 174.0M | 115.0M |
| Cost Of Revenue | 298.0M | 296.0M | 360.0M | 460.0M | 318.0M | 238.0M | 136.0M | 83.3M | 52.6M |
| Gross Profit | 172.0M | 195.0M | 212.0M | 318.0M | 255.0M | 258.0M | 174.0M | 90.7M | 62.4M |
| Gross Margin % | 36.6% | 39.7% | 37.1% | 40.9% | 44.5% | 52.0% | 56.1% | 52.1% | 54.3% |
| Total Operating Cost | 526.0M | 472.0M | 588.0M | 667.0M | 436.0M | 338.0M | 231.0M | 116.0M | 78.8M |
| Selling Expenses | 41.6M | 45.0M | 42.4M | 36.1M | 22.7M | 13.5M | 7.8M | 3.9M | 2.6M |
| Admin Expenses | 78.7M | 69.7M | 102.0M | 90.3M | 56.7M | 45.6M | 63.7M | 16.7M | 14.5M |
| Rd Expenses | 33.5M | 29.1M | 30.5M | 34.4M | 30.3M | 28.3M | 15.1M | 10.0M | 7.4M |
| Finance Expenses | -1.2M | -2.1M | -719,300 | -5.8M | -1.6M | -296,300 | 413,500 | -288,200 | -105,100 |
| Operating Income | -34.0M | 43.7M | 17.9M | 138.0M | 141.0M | 162.0M | 81.9M | 58.4M | 36.2M |
| Operating Margin % | -7.2% | 8.9% | 3.1% | 17.7% | 24.6% | 32.7% | 26.4% | 33.6% | 31.5% |
| Non Operating Income | 16,200 | 1,900 | 3,800 | 32,300 | 151,200 | 24,200 | 9,800 | 11,300 | 229,400 |
| Non Operating Expenses | 503,200 | 206,700 | 259,800 | 73,300 | 7,100 | 17,000 | 64,600 | 657,200 | 31,600 |
| Investment Income | 21.3M | 28.9M | 24.7M | 7.5M | 1.3M | 1.2M | 825,800 | 599,300 | 464,700 |
| Fair Value Change Income | 390,800 | -10.9M | 3.5M | 4.0M | -- | -- | 34,600 | 57,800 | -92,300 |
| Asset Disposal Income | -56,100 | -676,900 | -61,800 | 132,000 | -- | -8,500 | -- | 95,000 | -- |
| Asset Impairment Loss | 20.6M | 4.0M | 2.7M | -- | -- | -- | 5.7M | 1.7M | 1.1M |
| Other Income | 951,100 | 6.9M | 6.3M | 14.9M | 3.2M | 2.0M | 1.3M | 51,300 | -- |
| Income Before Tax | -34.5M | 43.5M | 17.6M | 138.0M | 141.0M | 162.0M | 81.8M | 57.8M | 36.4M |
| Income Tax | -10.9M | 1.2M | 1.8M | 18.7M | 20.5M | 22.8M | 17.0M | 8.1M | 5.6M |
| Net Income | -23.7M | 42.3M | 15.8M | 119.0M | 120.0M | 139.0M | 64.9M | 49.7M | 30.8M |
| Net Margin % | -5.0% | 8.6% | 2.8% | 15.3% | 20.9% | 28.0% | 20.9% | 28.6% | 26.8% |
| Net Income Attributable | -25.7M | 40.9M | 15.7M | 119.0M | 120.0M | 139.0M | 64.9M | 49.7M | 30.8M |
| Minority Interest | 2.0M | 1.4M | 99,600 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.17 | 0.27 | 0.10 | 1.25 | 2.39 | 4.13 | 1.93 | -- | -- |
| Eps Diluted | -0.17 | 0.27 | 0.10 | 1.24 | 2.39 | 4.13 | 1.93 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 132.0M | 135.0M | 95.9M | 249.0M | 193.0M | 140.0M | 20.0M | 38.0M | 26.1M |
| Trading Financial Assets | 486.0M | 630.0M | 818.0M | 794.0M | -- | -- | -- | 147,000 | 640,500 |
| Accounts Receivable | 212.0M | 261.0M | 321.0M | 364.0M | 271.0M | 220.0M | 143.0M | 75.4M | 45.0M |
| Notes Receivable | 334,200 | 902,300 | 2.0M | 7.1M | 161,500 | 461,900 | -- | -- | -- |
| Notes And Accounts Receivable | 212.0M | 262.0M | 323.0M | 372.0M | 271.0M | 220.0M | 143.0M | 75.4M | 45.0M |
| Inventory | 18,900 | 512,900 | 841,300 | 1.3M | 2.9M | 4.0M | 3.7M | 1.0M | 338,000 |
| Total Current Assets | 1.1B | 1.2B | 1.3B | 1.5B | 472.0M | 367.0M | 240.0M | 125.0M | 90.9M |
| Long Term Equity Investment | 8.1M | 8.1M | 7.4M | 6.9M | 3.7M | 2.5M | 2.0M | 2.0M | -- |
| Fixed Assets | -- | 8.3M | 4.3M | 5.1M | 4.3M | 3.1M | 737,300 | 897,200 | -- |
| Fixed Assets Total | 20.2M | 8.3M | 4.3M | 5.1M | 4.3M | 3.1M | 737,300 | 897,200 | 987,300 |
| Intangible Assets | 8.9M | 12.9M | 18.0M | 4.3M | 1.9M | 701,700 | -- | -- | -- |
| Long Term Deferred Expenses | 304,200 | 285,600 | 716,300 | 1.4M | 1.2M | 379,400 | 373,100 | 497,400 | 166,000 |
| Total Non Current Assets | 380.0M | 388.0M | 315.0M | 99.6M | 23.0M | 13.7M | 4.7M | 4.2M | 1.7M |
| Total Assets | 1.5B | 1.6B | 1.7B | 1.6B | 495.0M | 380.0M | 245.0M | 129.0M | 92.6M |
| Short Term Borrowings | -- | 142,300 | 120.0M | 2.5M | -- | 5.0M | 9.9M | 55,000 | -- |
| Accounts Payable | 33.3M | 23.8M | 18.6M | 22.1M | 13.0M | 13.6M | 3.0M | 2.0M | 884,300 |
| Advance Receipts | -- | -- | -- | -- | -- | 2.3M | 1.0M | -- | -- |
| Contract Liabilities | 6.4M | 7.3M | 8.2M | 6.0M | 5.7M | -- | -- | -- | -- |
| Total Current Liabilities | 131.0M | 133.0M | 261.0M | 207.0M | 119.0M | 115.0M | 97.9M | 54.6M | 29.2M |
| Total Non Current Liabilities | 1.7M | 4.8M | 5.5M | 11.1M | -- | -- | -- | -- | -- |
| Total Liabilities | 133.0M | 138.0M | 267.0M | 218.0M | 119.0M | 115.0M | 97.9M | 54.6M | 29.2M |
| Paid In Capital | 152.0M | 153.0M | 102.0M | 68.4M | 33.6M | 33.6M | 33.6M | 30.0M | 3.0M |
| Capital Reserve | 894.0M | 901.0M | 967.0M | 998.0M | 54.9M | 54.9M | 54.9M | -- | -- |
| Surplus Reserve | 32.3M | 32.3M | 30.1M | 28.1M | 16.8M | 16.8M | 5.9M | 9.7M | 4.8M |
| Retained Earnings | 280.0M | 339.0M | 305.0M | 339.0M | 271.0M | 161.0M | 52.6M | 34.5M | 55.7M |
| Minority Equity | 3.5M | 1.5M | 99,600 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.4B | 1.4B | 1.4B | 1.4B | 376.0M | 266.0M | 147.0M | 74.3M | 63.4M |
| Total Equity | 1.4B | 1.4B | 1.4B | 1.4B | 376.0M | 266.0M | 147.0M | 74.3M | 63.4M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 462.0M | 520.0M | 553.0M | 678.0M | 552.0M | 442.0M | 257.0M | 152.0M | 114.0M |
| Tax Refunds Received | 246,000 | 428,300 | 509,300 | 3.0M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 475.0M | 538.0M | 570.0M | 714.0M | 560.0M | 454.0M | 261.0M | 157.0M | 117.0M |
| Cash Paid For Goods | 104.0M | 105.0M | 119.0M | 125.0M | 87.5M | 56.6M | 40.3M | 25.9M | 21.4M |
| Cash Paid To Employees | 308.0M | 308.0M | 415.0M | 423.0M | 312.0M | 209.0M | 117.0M | 67.9M | 46.2M |
| Taxes Paid | 31.0M | 33.9M | 44.0M | 62.0M | 48.6M | 69.3M | 23.0M | 15.1M | 10.8M |
| Total Operating Cash Outflow | 471.0M | 474.0M | 614.0M | 652.0M | 486.0M | 359.0M | 199.0M | 121.0M | 88.2M |
| Operating Cash Flow | 4.1M | 64.8M | -44.4M | 61.7M | 73.5M | 94.4M | 61.9M | 36.2M | 28.4M |
| Total Investing Cash Inflow | 1.5B | 2.2B | 3.2B | 665.0M | 45.1M | 70.8M | 8.9M | 20.0M | 15.6M |
| Total Investing Cash Outflow | 1.4B | 2.1B | 3.3B | 1.6B | 52.1M | 5.0M | 70.2M | 13.8M | 16.7M |
| Investing Cash Flow | 41.0M | 116.0M | -163.0M | -926.0M | -7.1M | 65.8M | -61.3M | 6.2M | -1.1M |
| Cash From Borrowings | 50.1M | 17.4M | 120.0M | 2.3M | -- | 5.0M | 9.9M | 55,000 | -- |
| Dividends And Interest Paid | 33.8M | 5.4M | 49.1M | 40.0M | 10.2M | 31.6M | 39.4M | 31.5M | 8.0M |
| Debt Repayments | 50.1M | 137.0M | 2.5M | -- | 5.0M | 9.9M | 55,000 | -- | -- |
| Total Financing Cash Inflow | 50.1M | 22.8M | 120.0M | 981.0M | -- | 5.0M | 19.9M | 1.1M | -- |
| Total Financing Cash Outflow | 95.3M | 163.0M | 68.2M | 60.8M | 17.3M | 44.9M | 39.5M | 31.5M | 8.0M |
| Financing Cash Flow | -45.2M | -140.0M | 52.1M | 920.0M | -17.3M | -39.9M | -19.6M | -30.4M | -8.0M |
| Net Change In Cash | -248,900 | 40.9M | -155.0M | 56.4M | 49.1M | 120.0M | -19.0M | 12.0M | 19.3M |
| Ending Cash Balance | 130.0M | 131.0M | 89.7M | 245.0M | 188.0M | 139.0M | 18.7M | 37.7M | 25.8M |
| Capex | 5.2M | 2.0M | 16.8M | 11.2M | 7.1M | 5.0M | 237,700 | 772,600 | 637,500 |