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 | 550.0M | 456.0M | 360.0M | 300.0M | 248.0M | 169.0M | 151.0M | 143.0M |
| Revenue Growth % | 20.6% | 26.7% | 20.0% | 21.0% | 46.7% | 11.9% | 5.6% | -- |
| Total Revenue | 550.0M | 456.0M | 360.0M | 300.0M | 248.0M | 169.0M | 151.0M | 143.0M |
| Cost Of Revenue | 187.0M | 148.0M | 120.0M | 110.0M | 95.1M | 49.4M | 52.5M | 51.8M |
| Gross Profit | 363.0M | 308.0M | 240.0M | 190.0M | 152.9M | 119.6M | 98.5M | 91.2M |
| Gross Margin % | 66.0% | 67.5% | 66.7% | 63.3% | 61.7% | 70.8% | 65.2% | 63.8% |
| Total Operating Cost | 478.0M | 402.0M | 306.0M | 242.0M | 195.0M | 136.0M | 135.0M | 124.0M |
| Selling Expenses | 145.0M | 118.0M | 93.2M | 65.5M | 46.4M | 41.3M | 40.1M | 35.1M |
| Admin Expenses | 46.7M | 43.0M | 29.3M | 18.0M | 14.8M | 12.5M | 11.6M | 10.3M |
| Rd Expenses | 85.3M | 87.4M | 63.2M | 40.8M | 28.7M | 28.4M | 27.9M | 22.8M |
| Finance Expenses | -1.9M | -9.3M | -9.9M | -161,300 | -250,100 | 269,400 | 248,800 | 171,900 |
| Operating Income | 96.6M | 83.4M | 65.6M | 65.1M | 60.6M | 39.6M | 20.5M | 24.3M |
| Operating Margin % | 17.6% | 18.3% | 18.2% | 21.7% | 24.5% | 23.4% | 13.6% | 17.0% |
| Non Operating Income | 65,300 | 121,500 | 5,300 | 76,600 | 1.00 | 46,600 | 154,000 | -- |
| Non Operating Expenses | 8,600 | 26,200 | 9,200 | 16,000 | 25,500 | 122,400 | 30,300 | 5,000 |
| Investment Income | 10.0M | 9.0M | 2.4M | 906,000 | 468,800 | 165,900 | 233,500 | -- |
| Fair Value Change Income | 6.7M | 7.0M | 654,800 | 832,800 | 1.1M | 262,900 | -- | -- |
| Asset Disposal Income | -- | 101,500 | -- | 179,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 113,500 | 264,000 | 8,800 | 156,400 | 166,200 | -- | 1.2M | 2.3M |
| Other Income | 7.9M | 13.2M | 9.2M | 5.5M | 5.4M | 6.2M | 4.6M | 5.1M |
| Income Before Tax | 96.6M | 83.5M | 65.6M | 65.2M | 60.6M | 39.6M | 20.6M | 24.3M |
| Income Tax | 2.0M | 1.6M | -1.1M | 6.0M | 6.4M | 3.1M | -3,708 | 1.5M |
| Net Income | 94.6M | 81.9M | 66.6M | 59.2M | 54.2M | 36.4M | 20.6M | 22.7M |
| Net Margin % | 17.2% | 18.0% | 18.5% | 19.7% | 21.9% | 21.6% | 13.6% | 15.9% |
| Net Income Attributable | 93.6M | 84.2M | 67.1M | 59.2M | 54.2M | 36.4M | 20.6M | 22.7M |
| Minority Interest | 1.0M | -2.3M | -447,000 | -2,300 | -2,200 | -4,900 | -- | -- |
| Eps Basic | 0.94 | 0.85 | 0.74 | 1.11 | 1.02 | 0.70 | 0.40 | -- |
| Eps Diluted | 0.93 | 0.83 | 0.73 | 1.11 | 1.02 | 0.70 | 0.40 | -- |
| 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 | 502.0M | 731.0M | 800.0M | 82.7M | 22.5M | 14.9M | 11.2M | 11.7M |
| Trading Financial Assets | 140.0M | 10.0M | -- | 50.0M | 75.4M | 47.3M | -- | -- |
| Accounts Receivable | 350.0M | 284.0M | 222.0M | 174.0M | 140.0M | 88.6M | 70.4M | 54.0M |
| Notes Receivable | 29.3M | 14.2M | 15.8M | 19.3M | 950,000 | -- | 10.3M | 8.4M |
| Notes And Accounts Receivable | 379.0M | 298.0M | 238.0M | 193.0M | 141.0M | 88.6M | 80.7M | 62.4M |
| Prepayments | 3.9M | 5.0M | 2.2M | 2.3M | 1.5M | 1.6M | 711,700 | 492,300 |
| Inventory | 106.0M | 84.1M | 80.7M | 68.2M | 59.9M | 32.1M | 30.0M | 25.9M |
| Total Current Assets | 1.2B | 1.2B | 1.1B | 410.0M | 323.0M | 202.0M | 141.0M | 121.0M |
| Long Term Equity Investment | 93.5M | 77.3M | 36.6M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 18.7M | 10.6M | 7.8M | 2.6M | 2.4M | 2.9M | 2.6M |
| Fixed Assets Total | 334.0M | 18.7M | 10.6M | 7.8M | 2.6M | 2.4M | 2.9M | 2.6M |
| Construction In Progress | -- | 12.9M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 27.7M | 12.9M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 8.7M | 1.2M | 281,600 | 361,400 | 342,400 | 451,100 | 609,500 | 423,200 |
| Long Term Deferred Expenses | 8.2M | 10.6M | 885,700 | 1.2M | 1.4M | 1.9M | 2.3M | -- |
| Total Non Current Assets | 604.0M | 240.0M | 101.0M | 21.9M | 10.1M | 6.9M | 9.1M | 4.4M |
| Total Assets | 1.8B | 1.4B | 1.2B | 432.0M | 333.0M | 209.0M | 150.0M | 125.0M |
| Short Term Borrowings | 32.1M | -- | -- | -- | -- | 510,000 | 3.0M | 1.1M |
| Accounts Payable | 180.0M | 99.7M | 69.6M | 98.2M | 79.8M | 29.8M | 35.7M | 17.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 34.9M | 26.9M | 32.9M |
| Contract Liabilities | 96.1M | 81.6M | 74.8M | 50.5M | 40.0M | -- | -- | -- |
| Total Current Liabilities | 451.0M | 293.0M | 229.0M | 183.0M | 146.0M | 75.2M | 76.3M | 71.9M |
| Long Term Borrowings | 17.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 149.0M | 32.1M | 3.0M | 2.0M | 56,800 | 39,400 | -- | -- |
| Total Liabilities | 600.0M | 325.0M | 232.0M | 185.0M | 146.0M | 75.2M | 76.3M | 71.9M |
| Paid In Capital | 100.0M | 99.2M | 70.9M | 53.2M | 53.2M | 53.2M | 51.0M | 22.1M |
| Capital Reserve | 751.0M | 716.0M | 723.0M | 24.3M | 24.3M | 24.3M | 1.5M | 45.8M |
| Surplus Reserve | 44.1M | 33.2M | 23.9M | 17.0M | 11.1M | 5.7M | 2.1M | -- |
| Retained Earnings | 256.0M | 218.0M | 182.0M | 154.0M | 101.0M | 51.8M | 19.1M | -14.8M |
| Minority Equity | 35.9M | 905,000 | 953,500 | 44,700 | 46,900 | 49,100 | -- | -- |
| Equity Attributable | 1.2B | 1.1B | 1.0B | 246.0M | 187.0M | 134.0M | 73.7M | 53.1M |
| Total Equity | 1.2B | 1.1B | 1.0B | 246.0M | 187.0M | 134.0M | 73.7M | 53.1M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 458.0M | 378.0M | 303.0M | 221.0M | 184.0M | 142.0M | 120.0M | 102.0M |
| Tax Refunds Received | 8.7M | 9.3M | 9.6M | 7.0M | 9.7M | 5.3M | 3.5M | 5.0M |
| Total Operating Cash Inflow | 500.0M | 440.0M | 331.0M | 235.0M | 199.0M | 152.0M | 127.0M | 109.0M |
| Cash Paid For Goods | 109.0M | 80.8M | 69.3M | 38.9M | 43.2M | 34.3M | 20.8M | 37.0M |
| Cash Paid To Employees | 189.0M | 160.0M | 120.0M | 92.6M | 63.1M | 62.7M | 63.5M | 44.5M |
| Taxes Paid | 39.6M | 39.0M | 27.9M | 26.5M | 29.3M | 14.7M | 18.0M | 15.8M |
| Total Operating Cash Outflow | 432.0M | 372.0M | 272.0M | 191.0M | 161.0M | 134.0M | 122.0M | 119.0M |
| Operating Cash Flow | 68.1M | 67.3M | 59.4M | 44.4M | 37.6M | 17.6M | 5.6M | -9.3M |
| Total Investing Cash Inflow | 1.5B | 955.0M | 653.0M | 162.0M | 133.0M | 28.2M | 21.2M | -- |
| Total Investing Cash Outflow | 1.8B | 1.1B | 672.0M | 139.0M | 162.0M | 64.8M | 23.0M | 16.5M |
| Investing Cash Flow | -289.0M | -96.1M | -19.1M | 23.2M | -28.3M | -36.6M | -1.7M | -16.5M |
| Cash From Borrowings | 42.0M | -- | -- | -- | -- | 4.5M | 3.0M | 2.3M |
| Dividends And Interest Paid | 46.6M | 39.0M | 31.9M | -- | 12,400 | 163,500 | 78,200 | 201,000 |
| Debt Repayments | 4.6M | -- | -- | -- | 510,000 | 7.0M | 1.1M | 4.2M |
| Total Financing Cash Inflow | 84.2M | 4.2M | 760.0M | -- | -- | 29.6M | 3.0M | 35.8M |
| Total Financing Cash Outflow | 90.0M | 49.4M | 86.0M | 7.5M | 1.3M | 7.2M | 7.0M | 15.3M |
| Financing Cash Flow | -5.8M | -45.2M | 674.0M | -7.5M | -1.3M | 22.4M | -4.0M | 20.5M |
| Net Change In Cash | -226.0M | -74.0M | 715.0M | 60.1M | 7.9M | 3.4M | -120,900 | -5.3M |
| Ending Cash Balance | 497.0M | 723.0M | 797.0M | 82.3M | 22.2M | 14.2M | 10.8M | 11.0M |
| Capex | 151.0M | 35.4M | 5.9M | 4.1M | 1.8M | 794,700 | 4.0M | 1.5M |