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 | 873.0M | 682.0M | 687.0M | 569.0M | 531.0M | 421.0M | 400.0M | 273.0M | 191.0M | 87.0M | 70.4M |
| Revenue Growth % | 28.0% | -0.7% | 20.7% | 7.2% | 26.1% | 5.2% | 46.5% | 42.9% | 119.6% | 23.5% | -- |
| Total Revenue | 873.0M | 682.0M | 687.0M | 569.0M | 531.0M | 421.0M | 400.0M | 273.0M | 191.0M | 87.0M | 70.4M |
| Cost Of Revenue | 695.0M | 523.0M | 516.0M | 430.0M | 382.0M | 302.0M | 322.0M | 205.0M | 145.0M | 67.0M | 55.9M |
| Gross Profit | 178.0M | 159.0M | 171.0M | 139.0M | 149.0M | 119.0M | 78.0M | 68.0M | 46.0M | 20.0M | 14.5M |
| Gross Margin % | 20.4% | 23.3% | 24.9% | 24.4% | 28.1% | 28.3% | 19.5% | 24.9% | 24.1% | 22.9% | 20.6% |
| Total Operating Cost | 877.0M | 664.0M | 612.0M | 513.0M | 455.0M | 363.0M | 375.0M | 252.0M | 173.0M | 80.7M | 67.0M |
| Selling Expenses | 27.1M | 20.0M | 14.3M | 9.7M | 6.6M | 11.5M | 9.9M | 8.0M | 6.1M | 3.0M | 1.9M |
| Admin Expenses | 76.9M | 57.6M | 47.0M | 37.4M | 29.1M | 25.5M | 23.2M | 18.2M | 21.7M | 11.4M | 8.6M |
| Rd Expenses | 66.3M | 50.3M | 40.2M | 26.8M | 20.0M | 18.4M | 14.7M | 12.1M | -- | -- | -- |
| Finance Expenses | -1.5M | 1.4M | -10.3M | 4.7M | 9.5M | 1.1M | 148,500 | 3.3M | -1.4M | -1.2M | 113,500 |
| Operating Income | 4.8M | 22.1M | 84.2M | 60.0M | 77.2M | 59.3M | 27.8M | 21.4M | 18.0M | 6.2M | 3.4M |
| Operating Margin % | 0.5% | 3.2% | 12.3% | 10.5% | 14.5% | 14.1% | 6.9% | 7.9% | 9.4% | 7.2% | 4.9% |
| Non Operating Income | 154,300 | 343,800 | 93,200 | 126,700 | 42,200 | 154,400 | 500.00 | 9,500 | 349,900 | 427,700 | 98,500 |
| Non Operating Expenses | 670,900 | 254,800 | 1.3M | 134,000 | 733,700 | 570,100 | 290,000 | 27,500 | 211,400 | 57,600 | -- |
| Investment Income | 883,400 | 1.1M | 1.4M | 679,200 | 388,800 | -123,000 | -- | -- | -- | -- | -- |
| Fair Value Change Income | -60,800 | 1.1M | -233,600 | 742,500 | 107,000 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.4M | 141,100 | -439,900 | -97,400 | 9,900 | 86,300 | 2,200 | -80,900 | -72,000 | -- | -- |
| Asset Impairment Loss | 4.6M | 7.9M | 1.9M | 825,600 | 1.8M | 1.1M | 3.2M | 3.6M | 1.1M | 176,800 | 291,700 |
| Other Income | 6.6M | 2.0M | 8.8M | 2.8M | 1.6M | 1.5M | 2.4M | 588,500 | -- | -- | -- |
| Income Before Tax | 4.2M | 22.2M | 83.0M | 60.0M | 76.5M | 58.9M | 27.5M | 21.4M | 18.1M | 6.6M | 3.5M |
| Income Tax | 487,400 | -462,600 | 10.1M | 6.5M | 10.1M | 7.1M | 4.5M | 2.8M | 2.3M | 494,200 | 528,600 |
| Net Income | 3.8M | 22.7M | 72.9M | 53.5M | 66.4M | 51.8M | 23.0M | 18.6M | 15.9M | 6.1M | 3.0M |
| Net Margin % | 0.4% | 3.3% | 10.6% | 9.4% | 12.5% | 12.3% | 5.8% | 6.8% | 8.3% | 7.0% | 4.2% |
| Net Income Attributable | 8.1M | 20.7M | 72.9M | 53.5M | 66.4M | 51.8M | 23.0M | 18.6M | 15.9M | 6.1M | 3.0M |
| Minority Interest | -4.3M | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.08 | 0.21 | 0.75 | 1.22 | 1.64 | 1.28 | 0.57 | 0.52 | 0.50 | 0.87 | 0.60 |
| Eps Diluted | 0.08 | 0.21 | 0.74 | 1.22 | 1.64 | 1.28 | 0.57 | 0.52 | 0.50 | 0.87 | -- |
| 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 | 110.0M | 91.2M | 236.0M | 370.0M | 76.6M | 56.5M | 58.7M | 24.3M | 16.0M | 5.6M | 3.4M |
| Trading Financial Assets | 9.9M | 10.1M | 37.6M | 200.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 238.0M | 187.0M | 155.0M | 156.0M | 143.0M | 90.8M | 97.7M | 54.6M | 45.7M | 21.4M | 16.5M |
| Notes Receivable | 713,900 | 133,600 | 469,400 | -- | -- | 223,000 | 1.8M | 500,000 | 623,700 | -- | 190,700 |
| Notes And Accounts Receivable | 239.0M | 187.0M | 156.0M | 156.0M | 143.0M | 91.0M | 99.5M | 55.1M | 46.4M | 21.4M | 16.7M |
| Prepayments | 7.1M | 5.4M | 2.5M | 2.4M | 4.5M | 2.1M | 1.7M | 1.1M | 761,100 | 607,500 | 302,300 |
| Inventory | 207.0M | 160.0M | 133.0M | 124.0M | 80.4M | 76.4M | 83.0M | 71.3M | 36.3M | 29.1M | 10.9M |
| Total Current Assets | 643.0M | 515.0M | 599.0M | 868.0M | 314.0M | 239.0M | 248.0M | 163.0M | 103.0M | 59.9M | 34.0M |
| Fixed Assets | -- | 383.0M | 184.0M | 39.9M | -- | 32.8M | 29.9M | 23.3M | 8.2M | 4.3M | 2.3M |
| Fixed Assets Total | 379.0M | 383.0M | 184.0M | 39.9M | 35.6M | 32.8M | 29.9M | 23.3M | 8.2M | 4.3M | 2.3M |
| Construction In Progress | -- | 79.4M | 173.0M | 49.3M | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | 79.4M | 173.0M | 49.3M | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 87.3M | 82.4M | 85.0M | 78.4M | 13.7M | 780,600 | 887,800 | 295,600 | 33,100 | 41,600 | -- |
| Long Term Deferred Expenses | 26.3M | 25.1M | 6.4M | 7.2M | 8.3M | 1.3M | 1.8M | 2.7M | 1.3M | 1.2M | 519,400 |
| Total Non Current Assets | 716.0M | 720.0M | 485.0M | 208.0M | 59.5M | 36.8M | 33.7M | 29.0M | 9.9M | 5.6M | 2.9M |
| Total Assets | 1.4B | 1.2B | 1.1B | 1.1B | 374.0M | 276.0M | 282.0M | 192.0M | 113.0M | 65.6M | 36.9M |
| Short Term Borrowings | 154.0M | 63.6M | 35.4M | 39.5M | 37.1M | 35.8M | 43.8M | 28.9M | 6.4M | 4.0M | -- |
| Accounts Payable | 247.0M | 183.0M | 149.0M | 147.0M | 128.0M | 86.5M | 98.5M | 78.5M | 44.0M | 27.4M | 21.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.8M | 5.2M | 4.1M | 4.2M | 603,000 | 1.9M |
| Contract Liabilities | 8.5M | 6.8M | 6.5M | 15.6M | 6.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 458.0M | 310.0M | 219.0M | 231.0M | 187.0M | 137.0M | 181.0M | 121.0M | 61.0M | 36.3M | 27.9M |
| Long Term Borrowings | 38.4M | 42.5M | -- | -- | -- | -- | -- | 5.0M | -- | -- | -- |
| Total Non Current Liabilities | 47.3M | 58.0M | 15.9M | 22.3M | 16,000 | 1.7M | -- | 5.0M | -- | 55,900 | -- |
| Total Liabilities | 505.0M | 368.0M | 235.0M | 253.0M | 187.0M | 139.0M | 181.0M | 126.0M | 61.0M | 36.4M | 27.9M |
| Paid In Capital | 97.2M | 97.2M | 54.0M | 54.0M | 40.5M | 40.5M | 40.5M | 36.0M | 36.0M | 20.0M | 6.0M |
| Capital Reserve | 557.0M | 557.0M | 608.0M | 600.0M | 31.2M | 31.2M | 31.2M | 5.0M | 5.0M | -- | -- |
| Surplus Reserve | 30.3M | 28.8M | 27.0M | 22.6M | 17.5M | 11.2M | 6.6M | 3.5M | 1.5M | 992,800 | 308,100 |
| Retained Earnings | 170.0M | 169.0M | 160.0M | 146.0M | 97.5M | 53.7M | 22.6M | 20.9M | 9.8M | 8.2M | 2.8M |
| Minority Equity | 10.2M | 14.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 844.0M | 852.0M | 850.0M | 823.0M | 187.0M | 136.0M | 101.0M | 65.4M | 52.3M | 29.2M | 9.1M |
| Total Equity | 854.0M | 866.0M | 850.0M | 823.0M | 187.0M | 136.0M | 101.0M | 65.4M | 52.3M | 29.2M | 9.1M |
| 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 | 788.0M | 698.0M | 705.0M | 577.0M | 482.0M | 427.0M | 382.0M | 284.0M | 188.0M | 84.7M | 66.2M |
| Tax Refunds Received | 35.7M | 21.3M | 48.3M | 30.6M | 28.5M | 17.6M | 27.0M | 15.8M | 9.8M | 8.5M | 4.1M |
| Total Operating Cash Inflow | 835.0M | 728.0M | 767.0M | 613.0M | 514.0M | 448.0M | 412.0M | 301.0M | 207.0M | 97.5M | 77.5M |
| Cash Paid For Goods | 536.0M | 482.0M | 517.0M | 433.0M | 310.0M | 282.0M | 300.0M | 203.0M | 135.0M | 74.6M | 55.1M |
| Cash Paid To Employees | 213.0M | 167.0M | 118.0M | 98.9M | 82.9M | 69.5M | 83.3M | 58.5M | 41.0M | 19.6M | 10.5M |
| Taxes Paid | 10.3M | 14.1M | 22.5M | 15.7M | 21.1M | 13.1M | 8.0M | 8.5M | 4.9M | 630,100 | 639,200 |
| Total Operating Cash Outflow | 808.0M | 701.0M | 679.0M | 561.0M | 436.0M | 392.0M | 410.0M | 288.0M | 200.0M | 109.0M | 75.4M |
| Operating Cash Flow | 27.5M | 26.5M | 88.5M | 52.2M | 78.1M | 55.9M | 2.0M | 13.3M | 6.8M | -11.8M | 2.1M |
| Total Investing Cash Inflow | 76.3M | 768.0M | 1.8B | 51.0M | 356,000 | 338,700 | 11,600 | -- | -- | -- | -- |
| Total Investing Cash Outflow | 144.0M | 975.0M | 1.9B | 385.0M | 34.3M | 10.7M | 13.5M | 25.3M | 6.2M | 4.0M | 2.4M |
| Investing Cash Flow | -67.8M | -207.0M | -153.0M | -334.0M | -33.9M | -10.4M | -13.5M | -25.3M | -6.2M | -4.0M | -2.4M |
| Cash From Borrowings | 140.0M | 138.0M | 58.5M | 48.0M | 40.5M | 53.5M | 45.4M | 53.3M | 8.0M | 4.0M | -- |
| Dividends And Interest Paid | 10.0M | 13.9M | 55.2M | 2.0M | 18.0M | 36.4M | 2.1M | 6.4M | 301,600 | 3,100 | 2,200 |
| Debt Repayments | 59.2M | 78.0M | 63.5M | 45.6M | 38.0M | 65.3M | 30.4M | 25.8M | 5.6M | -- | 246,700 |
| Total Financing Cash Inflow | 140.0M | 139.0M | 60.3M | 649.0M | 40.5M | 53.5M | 83.0M | 53.3M | 15.2M | 18.0M | 3.0M |
| Total Financing Cash Outflow | 87.6M | 104.0M | 130.0M | 75.0M | 60.8M | 103.0M | 35.6M | 35.8M | 5.9M | 3,057 | 248,900 |
| Financing Cash Flow | 52.7M | 35.2M | -69.8M | 574.0M | -20.3M | -49.4M | 47.4M | 17.5M | 9.3M | 18.0M | 2.8M |
| Net Change In Cash | 18.7M | -144.0M | -134.0M | 292.0M | 20.3M | -3.2M | 37.9M | 4.7M | 10.5M | 2.2M | 2.4M |
| Ending Cash Balance | 108.0M | 89.3M | 234.0M | 367.0M | 75.7M | 55.5M | 58.7M | 20.8M | 16.0M | 5.6M | 3.4M |
| Capex | 97.4M | 142.0M | 317.0M | 133.0M | 34.3M | 10.6M | 13.5M | 25.3M | 6.2M | 4.0M | 2.4M |