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 | 139.0M | 145.0M | 134.0M | 341.0M | 318.0M |
| Revenue Growth % | -4.1% | 8.2% | -60.7% | 7.2% | -- |
| Total Revenue | 139.0M | 145.0M | 134.0M | 341.0M | 318.0M |
| Cost Of Revenue | 108.0M | 112.0M | 181.0M | 187.0M | 165.0M |
| Gross Profit | 31.0M | 33.0M | -47.0M | 154.0M | 153.0M |
| Gross Margin % | 22.3% | 22.8% | -35.1% | 45.2% | 48.1% |
| Total Operating Cost | 254.0M | 258.0M | 324.0M | 295.0M | 240.0M |
| Selling Expenses | 20.3M | 27.1M | 20.9M | 16.9M | 13.3M |
| Admin Expenses | 43.8M | 36.0M | 46.9M | 31.4M | 23.8M |
| Rd Expenses | 15.1M | 19.3M | 25.2M | 23.1M | 19.9M |
| Finance Expenses | 2.2M | 1.0M | 2.6M | 2.4M | 370,200 |
| Operating Income | -113.0M | -109.0M | -181.0M | 52.8M | 81.3M |
| Operating Margin % | -81.3% | -75.2% | -135.1% | 15.5% | 25.6% |
| Non Operating Income | 1.5M | -- | -- | 3,000 | 2.2M |
| Non Operating Expenses | 5.0M | 642,000 | 1.8M | 12,200 | 100,800 |
| Investment Income | 593,600 | 1.3M | 3.4M | 2.5M | -- |
| Fair Value Change Income | -- | -- | 1.5M | -- | -- |
| Asset Disposal Income | 325,600 | 131,800 | 174,600 | -- | -4,700 |
| Asset Impairment Loss | 32.8M | 4.9M | 2.8M | -11,300 | 11,300 |
| Other Income | 2.2M | 3.4M | 4.5M | 3.6M | 2.7M |
| Income Before Tax | -116.0M | -110.0M | -183.0M | 52.8M | 83.3M |
| Income Tax | -3.6M | -4.4M | -4.0M | 6.0M | 10.4M |
| Net Income | -113.0M | -105.0M | -179.0M | 46.9M | 72.9M |
| Net Margin % | -81.3% | -72.4% | -133.6% | 13.7% | 22.9% |
| Net Income Attributable | -113.0M | -105.0M | -178.0M | 46.9M | 72.9M |
| Minority Interest | 689,800 | -253,600 | -612,100 | -8,500 | -- |
| Eps Basic | -1.78 | -1.65 | -2.80 | 0.86 | 2.29 |
| Eps Diluted | -1.78 | -1.65 | -2.80 | 0.86 | 2.29 |
| 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 | 253.0M | 292.0M | 220.0M | 301.0M | 41.0M |
| Trading Financial Assets | -- | -- | 91.6M | 80.0M | -- |
| Accounts Receivable | 125.0M | 181.0M | 276.0M | 411.0M | 299.0M |
| Notes Receivable | 1.2M | 1.4M | 6.2M | 531,900 | 10.5M |
| Notes And Accounts Receivable | 126.0M | 182.0M | 282.0M | 411.0M | 310.0M |
| Prepayments | 4.7M | 6.6M | 4.7M | 9.3M | 4.0M |
| Inventory | 6.8M | 50.5M | 11.6M | -- | -- |
| Total Current Assets | 415.0M | 553.0M | 624.0M | 812.0M | 363.0M |
| Long Term Equity Investment | 14.9M | 23.4M | 23.4M | -- | -- |
| Fixed Assets | -- | 4.0M | 6.1M | 8.2M | 6.0M |
| Fixed Assets Total | 56.4M | 4.0M | 6.1M | 8.2M | 6.0M |
| Construction In Progress Total | 3.0M | -- | -- | -- | -- |
| Intangible Assets | 1.3M | 2.1M | 2.3M | 885,200 | 697,500 |
| Long Term Deferred Expenses | 4.5M | 7.8M | 3.1M | 6.8M | 7.3M |
| Total Non Current Assets | 222.0M | 218.0M | 172.0M | 122.0M | 34.9M |
| Total Assets | 637.0M | 771.0M | 796.0M | 934.0M | 398.0M |
| Short Term Borrowings | 86.3M | 54.8M | 30.0M | -- | -- |
| Accounts Payable | 25.5M | 31.0M | 32.8M | 24.8M | 11.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.1M | 3.1M | 4.6M | 1.5M | 2.2M |
| Total Current Liabilities | 159.0M | 169.0M | 121.0M | 101.0M | 76.2M |
| Total Non Current Liabilities | 28.1M | 41.9M | 10.2M | 1.7M | -- |
| Total Liabilities | 188.0M | 210.0M | 132.0M | 103.0M | 76.2M |
| Paid In Capital | 63.6M | 63.6M | 63.6M | 42.4M | 31.8M |
| Capital Reserve | 544.0M | 526.0M | 526.0M | 548.0M | 95.9M |
| Surplus Reserve | 21.8M | 21.8M | 21.8M | 21.8M | 18.4M |
| Retained Earnings | -198.0M | -85.3M | 19.6M | 219.0M | 175.0M |
| Minority Equity | 17.9M | 34.0M | 32.9M | 291,500 | -- |
| Equity Attributable | 431.0M | 527.0M | 631.0M | 831.0M | 321.0M |
| Total Equity | 449.0M | 561.0M | 664.0M | 831.0M | 321.0M |
| 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 | 180.0M | 204.0M | 230.0M | 219.0M | 211.0M |
| Tax Refunds Received | -- | -- | -- | 11,400 | -- |
| Total Operating Cash Inflow | 197.0M | 217.0M | 244.0M | 225.0M | 219.0M |
| Cash Paid For Goods | 77.3M | 101.0M | 61.6M | 54.1M | 63.4M |
| Cash Paid To Employees | 98.4M | 115.0M | 159.0M | 183.0M | 133.0M |
| Taxes Paid | 11.6M | 8.5M | 15.8M | 20.7M | 22.0M |
| Total Operating Cash Outflow | 221.0M | 278.0M | 266.0M | 287.0M | 240.0M |
| Operating Cash Flow | -23.5M | -61.0M | -22.4M | -62.0M | -20.6M |
| Total Investing Cash Inflow | 337.0M | 483.0M | 1.1B | 852.0M | 49,000 |
| Total Investing Cash Outflow | 352.0M | 407.0M | 1.1B | 1.0B | 11.3M |
| Investing Cash Flow | -14.9M | 76.6M | -2.8M | -181.0M | -11.2M |
| Cash From Borrowings | 91.8M | 74.7M | 30.0M | 35.0M | -- |
| Dividends And Interest Paid | 3.3M | 1.3M | 22.1M | 374,700 | 17,800 |
| Debt Repayments | 62.4M | 50.0M | -- | 35.0M | 840,100 |
| Total Financing Cash Inflow | 93.6M | 94.3M | 30.5M | 502.0M | -- |
| Total Financing Cash Outflow | 76.2M | 58.4M | 36.1M | 49.2M | 857,900 |
| Financing Cash Flow | 17.4M | 35.8M | -5.6M | 453.0M | -857,900 |
| Net Change In Cash | -20.9M | 51.4M | -30.7M | 210.0M | -32.8M |
| Ending Cash Balance | 250.0M | 271.0M | 220.0M | 251.0M | 40.9M |
| Capex | 27.2M | 8.5M | 13.2M | 8.8M | 11.3M |