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 | 278.0M | 231.0M | 195.0M | 154.0M | 124.0M |
| Revenue Growth % | 20.3% | 18.5% | 26.6% | 24.2% | -- |
| Total Revenue | 278.0M | 231.0M | 195.0M | 154.0M | 124.0M |
| Cost Of Revenue | 57.6M | 41.5M | 31.2M | 27.1M | 20.4M |
| Gross Profit | 220.4M | 189.5M | 163.8M | 126.9M | 103.6M |
| Gross Margin % | 79.3% | 82.0% | 84.0% | 82.4% | 83.5% |
| Total Operating Cost | 203.0M | 190.0M | 169.0M | 127.0M | 98.1M |
| Selling Expenses | 57.2M | 61.7M | 70.3M | 48.6M | 40.1M |
| Admin Expenses | 56.8M | 54.4M | 35.3M | 24.4M | 19.5M |
| Rd Expenses | 27.1M | 26.8M | 30.6M | 25.9M | 16.3M |
| Finance Expenses | -1.3M | 531,600 | -100,100 | 682,400 | 201,400 |
| Operating Income | 91.7M | 48.3M | 41.3M | 43.7M | 39.6M |
| Operating Margin % | 33.0% | 20.9% | 21.2% | 28.4% | 31.9% |
| Non Operating Income | 2.6M | 267,800 | 39,300 | 8.0M | 4.1M |
| Non Operating Expenses | 1.2M | 513,400 | 1.4M | 128,300 | 650,800 |
| Investment Income | 3.4M | 3.6M | 8.8M | 6.1M | 4.9M |
| Fair Value Change Income | 151,600 | 125,700 | -807,100 | 979,600 | 401,000 |
| Asset Disposal Income | 800.00 | -- | 166,500 | 10,000 | 77,900 |
| Asset Impairment Loss | 70,000 | 32,600 | 33,000 | 201,600 | 415,400 |
| Other Income | 12.4M | 3.4M | 7.3M | 10.3M | 8.8M |
| Income Before Tax | 93.2M | 48.0M | 40.0M | 51.6M | 43.0M |
| Income Tax | 14.3M | 7.1M | 4.2M | 6.9M | 6.1M |
| Net Income | 78.9M | 40.9M | 35.7M | 44.7M | 36.9M |
| Net Margin % | 28.4% | 17.7% | 18.3% | 29.0% | 29.7% |
| Net Income Attributable | 78.9M | 40.9M | 35.9M | 44.7M | 37.0M |
| Minority Interest | -- | -- | -156,900 | -32,500 | -110,900 |
| Eps Basic | 1.20 | 0.62 | 0.54 | 0.79 | 0.75 |
| Eps Diluted | 1.20 | 0.62 | 0.54 | 0.79 | 0.75 |
| 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 | 57.5M | 26.7M | 45.0M | 10.4M | 11.7M |
| Trading Financial Assets | 138.0M | 193.0M | 147.0M | 376.0M | 199.0M |
| Accounts Receivable | 24.2M | 18.1M | 10.4M | 5.3M | 7.7M |
| Notes And Accounts Receivable | 24.2M | 18.1M | 10.4M | 5.3M | 7.7M |
| Prepayments | 2.9M | 4.6M | 4.6M | 2.7M | 9.2M |
| Inventory | 34.3M | 26.2M | 29.4M | 21.2M | 16.5M |
| Total Current Assets | 312.0M | 270.0M | 238.0M | 417.0M | 253.0M |
| Fixed Assets | -- | 317.0M | 316.0M | 21.9M | 20.6M |
| Fixed Assets Total | 309.0M | 317.0M | 316.0M | 21.9M | 20.6M |
| Construction In Progress | -- | 53,100 | 16,300 | 202.0M | 97.4M |
| Construction In Progress Total | -- | 53,100 | 16,300 | 202.0M | 97.4M |
| Intangible Assets | 63.1M | 70.0M | 51.3M | 54.7M | 31.6M |
| Long Term Deferred Expenses | 2.1M | 2.4M | 3.1M | 5.6M | 7.1M |
| Total Non Current Assets | 487.0M | 517.0M | 507.0M | 330.0M | 195.0M |
| Total Assets | 799.0M | 787.0M | 745.0M | 747.0M | 448.0M |
| Accounts Payable | 7.6M | 31.9M | 32.7M | 32.7M | 36.6M |
| Advance Receipts | 5.3M | 758,700 | 549,400 | 394,700 | 534,800 |
| Contract Liabilities | 699,200 | 438,600 | 903,900 | 466,100 | 3.4M |
| Total Current Liabilities | 47.5M | 68.1M | 81.8M | 54.2M | 56.2M |
| Long Term Borrowings | -- | 46.4M | 50.3M | 102.0M | 47.5M |
| Total Non Current Liabilities | 52.1M | 83.0M | 60.6M | 117.0M | 52.1M |
| Total Liabilities | 99.6M | 151.0M | 142.0M | 171.0M | 108.0M |
| Paid In Capital | 66.5M | 66.1M | 66.1M | 66.1M | 49.5M |
| Capital Reserve | 464.0M | 442.0M | 436.0M | 436.0M | 260.0M |
| Surplus Reserve | 21.3M | 12.9M | 9.6M | 6.8M | 3.4M |
| Retained Earnings | 158.0M | 114.0M | 89.6M | 63.2M | 23.3M |
| Minority Equity | -- | -- | -- | 3.6M | 3.6M |
| Equity Attributable | 700.0M | 636.0M | 603.0M | 572.0M | 336.0M |
| Total Equity | 700.0M | 636.0M | 603.0M | 576.0M | 340.0M |
| 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 | 305.0M | 237.0M | 212.0M | 171.0M | 137.0M |
| Tax Refunds Received | 3.5M | 2.5M | 2.4M | 5.4M | 758,800 |
| Total Operating Cash Inflow | 341.0M | 278.0M | 223.0M | 201.0M | 153.0M |
| Cash Paid For Goods | 49.5M | 17.0M | 31.2M | 19.1M | 25.7M |
| Cash Paid To Employees | 72.6M | 66.9M | 63.5M | 52.9M | 41.5M |
| Taxes Paid | 42.2M | 21.9M | 9.0M | 9.5M | 8.9M |
| Total Operating Cash Outflow | 225.0M | 171.0M | 174.0M | 134.0M | 119.0M |
| Operating Cash Flow | 116.0M | 108.0M | 48.3M | 66.5M | 33.9M |
| Total Investing Cash Inflow | 437.0M | 575.0M | 1.1B | 876.0M | 712.0M |
| Total Investing Cash Outflow | 445.0M | 657.0M | 1.1B | 1.2B | 804.0M |
| Investing Cash Flow | -8.3M | -81.9M | 18.6M | -315.0M | -91.8M |
| Cash From Borrowings | -- | -- | -- | 54.1M | 47.4M |
| Dividends And Interest Paid | 27.1M | 15.3M | 8.1M | -- | -- |
| Debt Repayments | 50.3M | 26.8M | 24.5M | 0.00 | -- |
| Total Financing Cash Inflow | 9.3M | -- | -- | 304.0M | 47.4M |
| Total Financing Cash Outflow | 91.0M | 43.9M | 35.2M | 56.7M | 6.0M |
| Financing Cash Flow | -81.7M | -43.9M | -35.2M | 247.0M | 41.5M |
| Net Change In Cash | 26.5M | -18.1M | 34.6M | -1.3M | -16.7M |
| Ending Cash Balance | 53.2M | 26.7M | 44.8M | 10.2M | 11.5M |
| Capex | 33.2M | 40.1M | 136.0M | 153.0M | 61.6M |