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 |
|---|---|---|---|---|---|---|---|
| Revenue | 280.0M | 282.0M | 248.0M | 237.0M | 206.0M | 107.0M | 86.0M |
| Revenue Growth % | -0.7% | 13.7% | 4.6% | 15.0% | 92.5% | 24.4% | -- |
| Total Revenue | 280.0M | 282.0M | 248.0M | 237.0M | 206.0M | 107.0M | 86.0M |
| Cost Of Revenue | 180.0M | 175.0M | 135.0M | 134.0M | 110.0M | 58.0M | 42.6M |
| Gross Profit | 100.0M | 107.0M | 113.0M | 103.0M | 96.0M | 49.0M | 43.4M |
| Gross Margin % | 35.7% | 37.9% | 45.6% | 43.5% | 46.6% | 45.8% | 50.5% |
| Total Operating Cost | 259.0M | 259.0M | 195.0M | 182.0M | 149.0M | 91.9M | 60.9M |
| Selling Expenses | 22.9M | 27.0M | 20.9M | 15.8M | 10.5M | 13.0M | 9.7M |
| Admin Expenses | 17.9M | 17.2M | 12.6M | 11.5M | 8.6M | 10.6M | 3.2M |
| Rd Expenses | 25.1M | 22.8M | 15.7M | 12.1M | 11.5M | 7.0M | 3.2M |
| Finance Expenses | -3.9M | -4.7M | -2.0M | 707,800 | 913,500 | 240,900 | -71,100 |
| Operating Income | 40.8M | 37.9M | 64.1M | 62.5M | 64.8M | 19.4M | 28.5M |
| Operating Margin % | 14.6% | 13.4% | 25.8% | 26.4% | 31.5% | 18.1% | 33.1% |
| Non Operating Income | 6,200 | 3.5M | 1.0M | 652,600 | 1,300 | 44,200 | 10,100 |
| Non Operating Expenses | 16,400 | 66,900 | 77,600 | 23,400 | 26,600 | 10,500 | 25,300 |
| Investment Income | 12.3M | 8.0M | 543,700 | 927,700 | 597,600 | 225,900 | 57,700 |
| Asset Disposal Income | -307,200 | 44.00 | -1,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 4.6M | 1.8M | 579,000 | 807,800 | 479,000 | 300,900 | 1.6M |
| Other Income | 7.9M | 7.3M | 10.7M | 7.1M | 7.3M | 3.8M | 3.3M |
| Income Before Tax | 40.8M | 41.3M | 65.0M | 63.2M | 64.8M | 19.4M | 28.4M |
| Income Tax | 3.2M | 3.5M | 7.9M | 8.0M | 8.6M | 3.2M | 4.1M |
| Net Income | 37.6M | 37.8M | 57.1M | 55.2M | 56.2M | 16.2M | 24.4M |
| Net Margin % | 13.4% | 13.4% | 23.0% | 23.3% | 27.3% | 15.2% | 28.3% |
| Net Income Attributable | 37.8M | 37.8M | 57.1M | 55.2M | 56.2M | 16.2M | 24.4M |
| Minority Interest | -243,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.63 | 0.67 | 1.27 | 1.23 | 1.25 | -- | -- |
| Eps Diluted | 0.63 | 0.67 | 1.27 | 1.23 | 1.25 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 352.0M | 371.0M | 51.5M | 36.6M | 31.5M | 11.8M | 3.6M |
| Trading Financial Assets | 254.0M | 374.0M | 24.2M | 55.5M | 54.6M | 16.2M | -- |
| Accounts Receivable | 256.0M | 288.0M | 201.0M | 153.0M | 129.0M | 51.2M | 35.8M |
| Notes Receivable | 12.1M | 24.5M | 17.5M | 13.2M | 17.2M | 1.4M | 3.3M |
| Notes And Accounts Receivable | 268.0M | 313.0M | 218.0M | 166.0M | 146.0M | 52.6M | 39.1M |
| Prepayments | 4.8M | 1.5M | 954,800 | 233,900 | 122,400 | 136,800 | 133,000 |
| Inventory | 99.7M | 99.8M | 58.4M | 51.0M | 35.5M | 22.5M | 19.1M |
| Total Current Assets | 1.1B | 1.2B | 370.0M | 316.0M | 274.0M | 108.0M | 75.0M |
| Fixed Assets | -- | 63.0M | 13.5M | 15.3M | 13.6M | 4.2M | 1.6M |
| Fixed Assets Total | 58.9M | 63.0M | 13.5M | 15.3M | 13.6M | 4.2M | 1.6M |
| Construction In Progress | -- | 2,700 | 2.1M | 2.0M | 508,100 | -- | -- |
| Construction In Progress Total | 1.6M | 2,700 | 2.1M | 2.0M | 508,100 | -- | -- |
| Intangible Assets | 827,700 | 973,800 | 1.4M | 915,700 | 753,600 | 665,700 | 236,800 |
| Long Term Deferred Expenses | 3.3M | 3.7M | 3.0M | 3.9M | 3.4M | 1.9M | 1.0M |
| Total Non Current Assets | 91.8M | 82.1M | 47.7M | 30.4M | 20.3M | 7.4M | 3.3M |
| Total Assets | 1.2B | 1.3B | 418.0M | 346.0M | 295.0M | 116.0M | 78.3M |
| Short Term Borrowings | -- | 6.7M | -- | 1.2M | 3.0M | 10.0M | -- |
| Accounts Payable | 33.6M | 42.2M | 36.1M | 32.0M | 51.1M | 19.4M | 16.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.3M | 1.9M |
| Contract Liabilities | 4.0M | 2.4M | 863,100 | 956,900 | 3.0M | -- | -- |
| Total Current Liabilities | 111.0M | 168.0M | 128.0M | 115.0M | 122.0M | 57.2M | 28.2M |
| Long Term Borrowings | -- | 26.9M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 3.4M | 31.9M | 5.3M | 4.4M | 261,300 | 302,300 | 161,500 |
| Total Liabilities | 115.0M | 200.0M | 133.0M | 119.0M | 122.0M | 57.5M | 28.4M |
| Paid In Capital | 60.0M | 60.0M | 45.0M | 45.0M | 45.0M | 5.4M | 5.2M |
| Capital Reserve | 820.0M | 820.0M | 85.5M | 85.5M | 85.5M | 11.2M | 2.8M |
| Surplus Reserve | 23.8M | 19.8M | 15.8M | 9.9M | 4.3M | 5.2M | 3.6M |
| Retained Earnings | 185.0M | 160.0M | 138.0M | 87.0M | 37.5M | 36.3M | 38.4M |
| Minority Equity | 756,300 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 284.0M | 227.0M | 172.0M | 58.1M | 49.9M |
| Total Equity | 1.1B | 1.1B | 284.0M | 227.0M | 172.0M | 58.1M | 49.9M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 318.0M | 200.0M | 212.0M | 237.0M | 128.0M | 91.5M | 63.4M |
| Tax Refunds Received | 7.4M | 10.1M | 1.2M | 8.5M | 3.8M | 3.7M | 3.1M |
| Total Operating Cash Inflow | 348.0M | 237.0M | 240.0M | 255.0M | 139.0M | 97.3M | 66.6M |
| Cash Paid For Goods | 216.0M | 171.0M | 129.0M | 145.0M | 61.4M | 36.8M | 34.4M |
| Cash Paid To Employees | 59.7M | 56.3M | 43.8M | 38.7M | 22.3M | 16.2M | 8.1M |
| Taxes Paid | 14.2M | 35.0M | 16.7M | 18.6M | 14.3M | 11.2M | 8.4M |
| Total Operating Cash Outflow | 322.0M | 308.0M | 224.0M | 246.0M | 120.0M | 81.6M | 60.4M |
| Operating Cash Flow | 26.0M | -71.4M | 15.5M | 8.6M | 19.1M | 15.7M | 6.2M |
| Total Investing Cash Inflow | 2.1B | 1.3B | 145.0M | 136.0M | 113.0M | 27.3M | 6.9M |
| Total Investing Cash Outflow | 2.0B | 1.7B | 131.0M | 144.0M | 164.0M | 36.1M | 20.0M |
| Investing Cash Flow | 3.6M | -389.0M | 13.6M | -7.3M | -51.1M | -8.8M | -13.2M |
| Cash From Borrowings | -- | 85.5M | -- | -- | 5.0M | 10.0M | -- |
| Dividends And Interest Paid | 9.3M | 13.8M | -- | -- | 8.7M | 16.5M | -- |
| Debt Repayments | 29.5M | 56.0M | -- | -- | 15.0M | -- | -- |
| Total Financing Cash Inflow | 3.5M | 879.0M | 991,600 | 2.8M | 74.0M | 12.2M | 6.0M |
| Total Financing Cash Outflow | 40.8M | 105.0M | 8.5M | 10.1M | 23.9M | 16.6M | -- |
| Financing Cash Flow | -37.3M | 774.0M | -7.5M | -7.4M | 50.1M | -4.3M | 6.0M |
| Net Change In Cash | -7.2M | 314.0M | 24.1M | -6.5M | 17.7M | 2.6M | -957,000 |
| Ending Cash Balance | 346.0M | 354.0M | 40.1M | 16.0M | 22.5M | 4.8M | 2.2M |
| Capex | 22.3M | 45.7M | 18.5M | 8.1M | 12.9M | 4.6M | 3.2M |