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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 379.0M | 415.0M | 410.0M | 354.0M | 328.0M | 293.0M | 291.0M | 191.0M | 146.0M | 104.0M | 49.4M | 59.9M |
| Revenue Growth % | -8.7% | 1.2% | 15.8% | 7.9% | 11.9% | 0.7% | 52.4% | 30.8% | 40.4% | 110.4% | -17.5% | -- |
| Total Revenue | 379.0M | 415.0M | 410.0M | 354.0M | 328.0M | 293.0M | 291.0M | 191.0M | 146.0M | 104.0M | 49.4M | 59.9M |
| Cost Of Revenue | 263.0M | 268.0M | 260.0M | 233.0M | 215.0M | 188.0M | 199.0M | 138.0M | 95.5M | 66.1M | 33.0M | 39.5M |
| Gross Profit | 116.0M | 147.0M | 150.0M | 121.0M | 113.0M | 105.0M | 92.0M | 53.0M | 50.5M | 37.9M | 16.5M | 20.4M |
| Gross Margin % | 30.6% | 35.4% | 36.6% | 34.2% | 34.5% | 35.8% | 31.6% | 27.7% | 34.6% | 36.4% | 33.3% | 34.0% |
| Total Operating Cost | 329.0M | 347.0M | 330.0M | 285.0M | 260.0M | 236.0M | 235.0M | 164.0M | 117.0M | 81.8M | 43.1M | 51.8M |
| Selling Expenses | 14.6M | 11.5M | 10.8M | 8.8M | 7.4M | 8.1M | 7.8M | 6.7M | 5.1M | 1.9M | 1.3M | 1.7M |
| Admin Expenses | 17.1M | 15.8M | 12.3M | 13.5M | 11.5M | 14.1M | 12.0M | 10.5M | 6.4M | 10.8M | 7.8M | 8.6M |
| Rd Expenses | 17.7M | 15.8M | 15.5M | 14.8M | 10.3M | 12.1M | 7.5M | 5.9M | 5.0M | -- | -- | -- |
| Finance Expenses | -19.9M | -10.9M | -2.2M | -1.1M | 142,300 | -62,700 | -155,500 | -311,900 | 95,300 | -49,700 | -30,300 | 107,200 |
| Operating Income | 51.2M | 71.5M | 82.9M | 75.9M | 70.9M | 60.0M | 59.3M | 27.7M | 29.5M | 22.6M | 7.3M | 8.1M |
| Operating Margin % | 13.5% | 17.2% | 20.2% | 21.4% | 21.6% | 20.5% | 20.4% | 14.5% | 20.2% | 21.8% | 14.8% | 13.6% |
| Non Operating Income | 1,500 | 962,600 | 9,900 | 3.00 | 80,800 | 18,600 | 36,700 | 570,500 | 3.5M | 1.4M | 430,000 | 216,600 |
| Non Operating Expenses | 800.00 | 42,000 | 5.00 | 188,700 | 15,400 | 10,200 | 112,200 | -- | -- | 510,900 | -- | -- |
| Investment Income | -735,500 | -19,500 | 1.7M | 2.6M | 946,500 | 603,500 | 861,100 | 341,500 | 371,700 | 140,600 | 1.0M | -- |
| Asset Disposal Income | -44,000 | -- | 8,300 | -36,300 | 1,400 | -- | -- | -200,100 | -3,700 | -- | -- | -- |
| Asset Impairment Loss | 270,600 | -9.0M | 4.1M | 3.6M | 6.3M | -- | 7.9M | 2.6M | 3.1M | 920,800 | 247,100 | 947,500 |
| Other Income | 1.8M | 3.4M | 828,100 | 3.8M | 2.3M | 1.9M | 2.7M | 809,900 | -- | -- | -- | -- |
| Income Before Tax | 51.2M | 72.4M | 83.0M | 75.7M | 71.0M | 60.0M | 59.2M | 28.3M | 33.0M | 23.6M | 7.8M | 8.3M |
| Income Tax | 4.8M | 9.0M | 10.7M | 8.2M | 8.7M | 5.6M | 8.7M | 3.6M | 4.8M | 3.7M | 1.4M | 2.6M |
| Net Income | 46.4M | 63.4M | 72.3M | 67.5M | 62.3M | 54.4M | 50.5M | 24.7M | 28.2M | 19.8M | 6.4M | 5.7M |
| Net Margin % | 12.3% | 15.3% | 17.6% | 19.1% | 19.0% | 18.6% | 17.4% | 12.9% | 19.3% | 19.1% | 13.0% | 9.5% |
| Net Income Attributable | 46.1M | 63.4M | 72.3M | 67.5M | 62.3M | 54.4M | 50.5M | 24.7M | 28.2M | 19.8M | 6.4M | 5.9M |
| Minority Interest | 342,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -8,000 | -152,500 |
| Eps Basic | 0.37 | 0.60 | 0.78 | 0.73 | 0.81 | 0.71 | 0.66 | 0.59 | 0.55 | 0.53 | 0.59 | 0.54 |
| Eps Diluted | 0.37 | 0.60 | 0.78 | 0.73 | 0.81 | 0.71 | 0.66 | -- | 0.55 | 0.53 | 0.59 | 0.54 |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 989.0M | 1.2B | 279.0M | 284.0M | 273.0M | 77.4M | 93.0M | 104.0M | 45.7M | 13.5M | 6.9M | 2.5M |
| Accounts Receivable | 424.0M | 377.0M | 361.0M | 328.0M | 255.0M | 267.0M | 184.0M | -- | 60.5M | 39.1M | 28.3M | 25.4M |
| Notes Receivable | 3.0M | 3.0M | -- | 7.1M | 1.3M | 3.4M | 8.0M | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 427.0M | 380.0M | 361.0M | 335.0M | 256.0M | 270.0M | 191.0M | 82.5M | 60.5M | 39.1M | 28.3M | 25.4M |
| Prepayments | 3.5M | 4.7M | 2.5M | 2.7M | 4.4M | 1.9M | 852,000 | 8.8M | 4.6M | 1.0M | 1.7M | 2.0M |
| Inventory | 159.0M | 158.0M | 181.0M | 248.0M | 171.0M | 146.0M | 98.1M | 110.0M | 18.9M | 4.7M | 4.0M | 7.9M |
| Total Current Assets | 1.6B | 1.7B | 863.0M | 917.0M | 740.0M | 517.0M | 405.0M | 318.0M | 142.0M | 94.3M | 44.4M | 45.5M |
| Long Term Equity Investment | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 834,600 | 662,300 | 891,600 | 1.2M | 1.7M | 2.1M | -- | -- | 457,100 | 696,600 | 1.1M |
| Fixed Assets Total | 12.3M | 834,600 | 662,300 | 891,600 | 1.2M | 1.7M | 2.1M | 1.4M | 420,800 | 457,100 | 696,600 | 1.1M |
| Intangible Assets | 3.3M | 1.2M | 1.2M | 1.2M | 1.2M | 1.5M | 304,800 | 78,600 | 66,900 | 82,200 | -- | -- |
| Long Term Deferred Expenses | -- | -- | -- | 465,700 | 1.0M | 1.6M | 2.1M | 2.5M | 48,900 | 210,900 | 358,900 | 516,700 |
| Total Non Current Assets | 189.0M | 53.7M | 54.3M | 53.3M | 39.1M | 20.2M | 13.4M | 9.4M | 4.5M | 1.3M | 1.4M | 2.2M |
| Total Assets | 1.8B | 1.8B | 917.0M | 970.0M | 779.0M | 537.0M | 418.0M | 327.0M | 147.0M | 95.6M | 45.9M | 47.6M |
| Short Term Borrowings | 911,400 | -- | -- | -- | 4.0M | -- | -- | -- | -- | -- | -- | 840,000 |
| Accounts Payable | 120.0M | 97.7M | 104.0M | 125.0M | 113.0M | 140.0M | 98.6M | -- | -- | 9.0M | 1.3M | 3.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 169.0M | 111.0M | 105.0M | 16.1M | 1.7M | 873,800 | 581,000 |
| Contract Liabilities | 180.0M | 203.0M | 232.0M | 324.0M | 233.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 333.0M | 334.0M | 390.0M | 515.0M | 393.0M | 330.0M | 234.0M | 177.0M | 48.4M | 26.1M | 10.5M | 16.1M |
| Total Non Current Liabilities | 1.6M | 3.8M | 1.9M | 2.6M | 769,000 | 978,500 | 1.1M | 675,500 | 418,500 | -- | -- | -- |
| Total Liabilities | 334.0M | 338.0M | 392.0M | 517.0M | 394.0M | 331.0M | 235.0M | 178.0M | 48.8M | 26.1M | 10.5M | 16.1M |
| Paid In Capital | 123.0M | 123.0M | 92.4M | 92.4M | 92.4M | 77.0M | 77.0M | 55.0M | 50.0M | 50.0M | 10.8M | 10.8M |
| Capital Reserve | 970.0M | 970.0M | 123.0M | 123.0M | 123.0M | 21.8M | 21.8M | 43.8M | 1.7M | 1.7M | 160,100 | 160,100 |
| Surplus Reserve | 42.2M | 38.6M | 33.8M | 27.2M | 21.1M | 15.4M | 10.7M | 5.6M | 4.4M | 1.8M | 2.6M | 2.0M |
| Retained Earnings | 322.0M | 316.0M | 276.0M | 210.0M | 149.0M | 92.4M | 73.6M | 44.7M | 41.7M | 16.1M | 21.8M | 16.0M |
| Minority Equity | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.6M |
| Equity Attributable | 1.5B | 1.4B | 525.0M | 453.0M | 385.0M | 207.0M | 183.0M | 149.0M | 97.8M | 69.5M | 35.4M | 29.0M |
| Total Equity | 1.5B | 1.4B | 525.0M | 453.0M | 385.0M | 207.0M | 183.0M | 149.0M | 97.8M | 69.5M | 35.4M | 31.5M |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 293.0M | 356.0M | 282.0M | 388.0M | 395.0M | 285.0M | 210.0M | 251.0M | 150.0M | 104.0M | 49.0M | 56.4M |
| Tax Refunds Received | 513,800 | 997,900 | 734,900 | 2.0M | 1.3M | 234,500 | 214,800 | 604,300 | 537,700 | 157,900 | -- | -- |
| Total Operating Cash Inflow | 329.0M | 372.0M | 292.0M | 406.0M | 403.0M | 297.0M | 220.0M | 253.0M | 154.0M | 106.0M | 51.1M | 58.9M |
| Cash Paid For Goods | 258.0M | 286.0M | 217.0M | 305.0M | 274.0M | 204.0M | 149.0M | 185.0M | 110.0M | 54.2M | 31.6M | 48.2M |
| Cash Paid To Employees | 45.1M | 35.6M | 33.9M | 28.2M | 21.9M | 24.7M | 24.4M | 17.9M | 14.6M | 9.0M | 7.6M | 6.9M |
| Taxes Paid | 25.0M | 26.6M | 34.9M | 36.4M | 23.2M | 28.8M | 14.1M | 16.9M | 14.3M | 9.9M | 1.8M | 2.3M |
| Total Operating Cash Outflow | 338.0M | 386.0M | 295.0M | 386.0M | 333.0M | 280.0M | 210.0M | 229.0M | 155.0M | 84.7M | 45.5M | 62.8M |
| Operating Cash Flow | -9.2M | -14.4M | -3.1M | 20.3M | 70.3M | 16.8M | 9.8M | 24.2M | -1.0M | 21.2M | 5.6M | -3.9M |
| Total Investing Cash Inflow | 801.0M | 20.2M | 252.0M | 1.0B | 281.0M | 171.0M | 261.0M | 103.0M | 99.9M | 44.1M | -- | -- |
| Total Investing Cash Outflow | 959.0M | 675.0M | 251.0M | 1.0B | 281.0M | 170.0M | 262.0M | 103.0M | 67.7M | 76.2M | 345,000 | 125,000 |
| Investing Cash Flow | -157.0M | -655.0M | 1.2M | 1.9M | 93,100 | 540,600 | -1.3M | -211,400 | 32.2M | -32.0M | -345,000 | -125,000 |
| Cash From Borrowings | 911,400 | -- | -- | -- | 4.0M | -- | -- | -- | -- | -- | -- | 1.3M |
| Dividends And Interest Paid | 37.0M | 18.5M | -- | 21,500 | 111,900 | 30.8M | 16.5M | 10.0M | -- | 1.2M | 16,000 | 117,300 |
| Debt Repayments | 3.0M | 0.00 | -- | 4.0M | -- | -- | -- | -- | -- | -- | 840,000 | 500,000 |
| Total Financing Cash Inflow | 3.9M | 899.0M | 0.00 | -- | 120.0M | -- | -- | 44.8M | 2.1M | 16.5M | -- | 1.3M |
| Total Financing Cash Outflow | 42.3M | 44.4M | 2.1M | 6.7M | 111,900 | 30.8M | 16.5M | 10.0M | -- | 6.6M | 856,000 | 617,300 |
| Financing Cash Flow | -38.4M | 855.0M | -2.1M | -6.7M | 120.0M | -30.8M | -16.5M | 34.8M | 2.1M | 9.9M | -856,000 | 722,700 |
| Net Change In Cash | -205.0M | 186.0M | -4.0M | 15.5M | 191.0M | -13.4M | -8.0M | 58.7M | 33.3M | -927,900 | 4.4M | -3.3M |
| Ending Cash Balance | 260.0M | 465.0M | 279.0M | 283.0M | 267.0M | 76.6M | 90.0M | 98.0M | 39.3M | 6.0M | 6.9M | 2.5M |
| Capex | 117.0M | 839,100 | 605,000 | 742,000 | 2.3M | 91,900 | 2.2M | 3.4M | 171,000 | 177,100 | 218,200 | 125,000 |