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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 333.0M | 335.0M | 288.0M | 320.0M | 274.0M | 263.0M | 187.0M | 135.0M |
| Revenue Growth % | -0.6% | 16.3% | -10.0% | 16.8% | 4.2% | 40.6% | 38.5% | -- |
| Total Revenue | 333.0M | 335.0M | 288.0M | 320.0M | 274.0M | 263.0M | 187.0M | 135.0M |
| Cost Of Revenue | 273.0M | 155.0M | 163.0M | 156.0M | 122.0M | 102.0M | 67.6M | 56.3M |
| Gross Profit | 60.0M | 180.0M | 125.0M | 164.0M | 152.0M | 161.0M | 119.4M | 78.7M |
| Gross Margin % | 18.0% | 53.7% | 43.4% | 51.2% | 55.5% | 61.2% | 63.9% | 58.3% |
| Total Operating Cost | 529.0M | 350.0M | 366.0M | 274.0M | 225.0M | 193.0M | 142.0M | 113.0M |
| Selling Expenses | 50.9M | 36.8M | 31.4M | 23.3M | 18.6M | 18.4M | 15.6M | 12.2M |
| Admin Expenses | 56.0M | 49.1M | 49.1M | 40.1M | 34.2M | 30.0M | 26.8M | 17.1M |
| Rd Expenses | 106.0M | 88.2M | 114.0M | 41.1M | 41.5M | 36.1M | 26.8M | 25.2M |
| Finance Expenses | -4.3M | -5.3M | -6.3M | 215,900 | -533,300 | -43,100 | 133,800 | -324,300 |
| Operating Income | -187.0M | -5.5M | -69.3M | 59.5M | 56.5M | 75.8M | 52.7M | 32.2M |
| Operating Margin % | -56.2% | -1.6% | -24.1% | 18.6% | 20.6% | 28.8% | 28.2% | 23.8% |
| Non Operating Income | 16,600 | 239,000 | 92,000 | 103,800 | 800.00 | 7,400 | 1,500 | 200.00 |
| Non Operating Expenses | 2.4M | 174,900 | 132,300 | 62,900 | 64,600 | 62,200 | 43,900 | 2,100 |
| Asset Disposal Income | 335,100 | 422,200 | 25,600 | 14,200 | 32,600 | -- | -17,200 | 92,300 |
| Asset Impairment Loss | 18.6M | 3.0M | -161,300 | 1.2M | -- | -- | 3.7M | 370,200 |
| Other Income | 8.6M | 9.8M | 8.4M | 13.5M | 7.5M | 5.6M | 8.1M | 9.6M |
| Income Before Tax | -189.0M | -5.4M | -69.4M | 59.6M | 56.4M | 75.7M | 52.6M | 32.2M |
| Income Tax | 615,000 | -11.6M | -22.8M | 4.7M | 3.9M | 7.4M | 4.9M | 2.6M |
| Net Income | -190.0M | 6.2M | -46.6M | 54.9M | 52.5M | 68.3M | 47.7M | 29.6M |
| Net Margin % | -57.1% | 1.9% | -16.2% | 17.2% | 19.2% | 26.0% | 25.5% | 21.9% |
| Net Income Attributable | -188.0M | 7.6M | -45.7M | 55.2M | 52.5M | 68.3M | 47.7M | 29.6M |
| Minority Interest | -1.9M | -1.4M | -908,600 | -291,700 | -- | -- | -- | -- |
| Eps Basic | -2.43 | 0.10 | -0.59 | 0.95 | 0.91 | 1.23 | -- | -- |
| Eps Diluted | -2.43 | 0.10 | -0.59 | 0.95 | 0.91 | 1.23 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 294.0M | 438.0M | 558.0M | 671.0M | 175.0M | 179.0M | 66.6M | 62.9M |
| Accounts Receivable | 242.0M | 230.0M | 225.0M | 211.0M | 166.0M | 112.0M | 65.8M | 36.1M |
| Notes Receivable | 7.4M | 7.9M | 9.7M | 5.1M | 5.3M | 4.9M | 8.2M | 2.1M |
| Notes And Accounts Receivable | 249.0M | 238.0M | 235.0M | 216.0M | 172.0M | 117.0M | 73.9M | 38.2M |
| Prepayments | 1.2M | 1.1M | 1.0M | 1.7M | 1.7M | 3.3M | 1.9M | 3.6M |
| Inventory | 76.1M | 126.0M | 72.5M | 66.7M | 47.9M | 52.4M | 40.6M | 27.5M |
| Total Current Assets | 658.0M | 842.0M | 908.0M | 997.0M | 424.0M | 369.0M | 197.0M | 147.0M |
| Fixed Assets | -- | 79.2M | 54.7M | 7.5M | 6.3M | 5.7M | 4.0M | 3.5M |
| Fixed Assets Total | 94.8M | 79.2M | 54.7M | 7.5M | 6.3M | 5.7M | 4.0M | 3.5M |
| Construction In Progress | -- | 12.6M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 16.1M | 12.6M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 3.2M | 2.9M | 2.7M | 1.3M | 1.2M | 361,300 | 313,200 | 125,700 |
| Long Term Deferred Expenses | 5.3M | 7.2M | 7.6M | 1.3M | 1.5M | 1.1M | 636,700 | 826,400 |
| Total Non Current Assets | 195.0M | 187.0M | 155.0M | 34.6M | 12.6M | 9.3M | 6.1M | 5.0M |
| Total Assets | 853.0M | 1.0B | 1.1B | 1.0B | 437.0M | 379.0M | 203.0M | 152.0M |
| Accounts Payable | 10.2M | 11.8M | 40.8M | 11.9M | 9.8M | 11.5M | 6.6M | 7.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 50.5M | 68.6M | 71.7M |
| Contract Liabilities | 62.1M | 49.9M | 57.6M | 40.0M | 52.7M | -- | -- | -- |
| Total Current Liabilities | 162.0M | 139.0M | 169.0M | 129.0M | 114.0M | 109.0M | 110.0M | 106.0M |
| Total Non Current Liabilities | 14.5M | 21.0M | 31.9M | 6.6M | 639,700 | 62,100 | 67,800 | 368,900 |
| Total Liabilities | 176.0M | 160.0M | 201.0M | 135.0M | 115.0M | 109.0M | 110.0M | 106.0M |
| Paid In Capital | 77.3M | 77.3M | 77.3M | 77.3M | 58.0M | 58.0M | 40.0M | 40.0M |
| Capital Reserve | 632.0M | 628.0M | 625.0M | 624.0M | 128.0M | 128.0M | -- | -- |
| Surplus Reserve | 17.7M | 17.7M | 17.7M | 17.7M | 12.1M | 6.8M | 5.3M | 534,200 |
| Retained Earnings | -66.0M | 130.0M | 122.0M | 174.0M | 124.0M | 77.1M | 47.7M | 4.8M |
| Minority Equity | 15.8M | 17.7M | 19.1M | 3.0M | -- | -- | -- | -- |
| Equity Attributable | 661.0M | 852.0M | 842.0M | 893.0M | 322.0M | 270.0M | 93.0M | 45.3M |
| Total Equity | 677.0M | 870.0M | 861.0M | 896.0M | 322.0M | 270.0M | 93.0M | 45.3M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 341.0M | 327.0M | 311.0M | 252.0M | 242.0M | 219.0M | 165.0M | 150.0M |
| Tax Refunds Received | 7.0M | 5.2M | 5.6M | 9.3M | 7.4M | 5.4M | 7.3M | 9.5M |
| Total Operating Cash Inflow | 367.0M | 356.0M | 341.0M | 278.0M | 257.0M | 228.0M | 174.0M | 161.0M |
| Cash Paid For Goods | 54.4M | 51.2M | 52.3M | 45.5M | 43.7M | 38.3M | 39.6M | 37.1M |
| Cash Paid To Employees | 336.0M | 275.0M | 264.0M | 204.0M | 148.0M | 125.0M | 89.4M | 66.0M |
| Taxes Paid | 22.6M | 16.6M | 25.1M | 29.5M | 24.5M | 21.6M | 15.2M | 21.5M |
| Total Operating Cash Outflow | 482.0M | 388.0M | 389.0M | 311.0M | 253.0M | 212.0M | 174.0M | 145.0M |
| Operating Cash Flow | -115.0M | -32.0M | -47.9M | -33.1M | 4.8M | 15.8M | -236,400 | 16.1M |
| Total Investing Cash Inflow | 83,000 | -- | -- | -- | -- | -- | 30,600 | -- |
| Total Investing Cash Outflow | 26.1M | 47.3M | 64.4M | 5.0M | 4.2M | 5.7M | 3.0M | 2.6M |
| Investing Cash Flow | -26.0M | -47.3M | -64.4M | -5.0M | -4.2M | -5.7M | -3.0M | -2.6M |
| Dividends And Interest Paid | 7.7M | -- | 6.2M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | 17.0M | 541.0M | -- | 108.0M | -- | 23.0M |
| Total Financing Cash Outflow | 21.2M | 15.8M | 35.2M | 13.5M | 5.7M | 429,100 | -- | -- |
| Financing Cash Flow | -21.2M | -15.8M | -18.2M | 527.0M | -5.7M | 108.0M | -- | 23.0M |
| Net Change In Cash | -162.0M | -95.3M | -131.0M | 489.0M | -5.2M | 118.0M | -3.2M | 36.5M |
| Ending Cash Balance | 272.0M | 434.0M | 530.0M | 660.0M | 171.0M | 176.0M | 58.4M | 61.6M |
| Capex | 26.1M | 47.3M | 64.4M | 5.0M | 4.2M | 5.7M | 3.0M | 2.6M |