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 |
|---|---|---|---|---|---|
| Revenue | 152.0M | 102.0M | 96.0M | 154.0M | 157.0M |
| Revenue Growth % | 49.0% | 6.2% | -37.6% | -1.9% | -- |
| Total Revenue | 152.0M | 102.0M | 96.0M | 154.0M | 157.0M |
| Cost Of Revenue | 57.1M | 38.3M | 39.0M | 47.6M | 50.1M |
| Gross Profit | 94.9M | 63.7M | 57.0M | 106.4M | 106.9M |
| Gross Margin % | 62.4% | 62.5% | 59.4% | 69.1% | 68.1% |
| Total Operating Cost | 176.0M | 116.0M | 92.5M | 93.5M | 89.2M |
| Selling Expenses | 6.9M | 6.1M | 4.3M | 4.1M | 3.2M |
| Admin Expenses | 33.3M | 23.9M | 18.9M | 17.7M | 16.6M |
| Rd Expenses | 34.0M | 33.1M | 30.6M | 16.2M | 12.7M |
| Finance Expenses | -5.7M | -11.9M | -15.3M | -119,400 | 442,500 |
| Operating Income | -20.1M | -8.2M | 15.4M | 64.8M | 70.2M |
| Operating Margin % | -13.2% | -8.0% | 16.0% | 42.1% | 44.7% |
| Non Operating Income | 3.1M | 400.00 | 313,800 | 3.1M | 1,000 |
| Non Operating Expenses | 1,600 | 309,800 | 82.00 | 474,200 | 3.2M |
| Investment Income | 0.00 | 0.00 | 1,803 | -- | 378,600 |
| Asset Disposal Income | 84,200 | 78,700 | 71,400 | -- | -- |
| Asset Impairment Loss | 316,100 | 89,900 | 537,700 | -23,200 | 305,600 |
| Other Income | 3.8M | 5.1M | 11.8M | 4.4M | 1.9M |
| Income Before Tax | -16.9M | -8.5M | 15.7M | 67.4M | 67.0M |
| Income Tax | -7.9M | -6.2M | -1.9M | 9.2M | 10.5M |
| Net Income | -9.0M | -2.2M | 17.6M | 58.2M | 56.6M |
| Net Margin % | -5.9% | -2.2% | 18.3% | 37.8% | 36.0% |
| Net Income Attributable | -8.7M | -2.1M | 17.6M | 58.2M | 56.6M |
| Minority Interest | -280,700 | -162,800 | -- | -- | -- |
| Eps Basic | -0.11 | -0.03 | 0.22 | 0.95 | 0.94 |
| Eps Diluted | -0.11 | -0.03 | 0.22 | 0.95 | 0.94 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 357.0M | 384.0M | 476.0M | 623.0M | 26.7M |
| Accounts Receivable | 257.0M | 256.0M | 242.0M | 236.0M | 172.0M |
| Notes Receivable | 10.1M | 131,100 | 7.2M | 1.9M | -- |
| Notes And Accounts Receivable | 267.0M | 256.0M | 249.0M | 238.0M | 172.0M |
| Prepayments | 44.5M | 43.7M | 20.3M | 7.7M | 3.3M |
| Inventory | 159.0M | 111.0M | 69.4M | 36.5M | 32.4M |
| Total Current Assets | 836.0M | 802.0M | 820.0M | 908.0M | 248.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 17.9M | 14.1M | -- | -- |
| Fixed Assets Total | 35.3M | 17.9M | 14.1M | 6.4M | 1.7M |
| Intangible Assets | 4.2M | 4.6M | 1.8M | 2.1M | 2.5M |
| Long Term Deferred Expenses | 4.4M | 87,200 | 888,100 | 2.0M | 924,100 |
| Total Non Current Assets | 138.0M | 83.1M | 70.2M | 28.8M | 17.5M |
| Total Assets | 974.0M | 885.0M | 891.0M | 937.0M | 265.0M |
| Short Term Borrowings | 17.1M | 10.0M | 22.0M | 56.8M | 10.0M |
| Accounts Payable | 63.6M | 44.9M | 44.3M | 27.6M | 49.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 39.6M | 872,500 | 701,000 | 206,500 | -- |
| Total Current Liabilities | 169.0M | 70.0M | 80.5M | 119.0M | 75.7M |
| Long Term Borrowings | -- | 9.5M | -- | -- | -- |
| Total Non Current Liabilities | 7.1M | 11.8M | 333,200 | 2.2M | 366,800 |
| Total Liabilities | 176.0M | 81.9M | 80.8M | 121.0M | 76.1M |
| Paid In Capital | 80.0M | 80.0M | 80.0M | 80.0M | 60.0M |
| Capital Reserve | 564.0M | 564.0M | 564.0M | 564.0M | 15.2M |
| Surplus Reserve | 23.6M | 23.6M | 23.4M | 22.3M | 16.2M |
| Retained Earnings | 116.0M | 133.0M | 142.0M | 150.0M | 97.6M |
| Minority Equity | 14.6M | 2.8M | -- | -- | -- |
| Equity Attributable | 784.0M | 801.0M | 810.0M | 816.0M | 189.0M |
| Total Equity | 798.0M | 803.0M | 810.0M | 816.0M | 189.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 195.0M | 89.8M | 70.9M | 101.0M | 123.0M |
| Tax Refunds Received | -- | -- | 8.5M | -- | 273,400 |
| Total Operating Cash Inflow | 209.0M | 107.0M | 99.0M | 110.0M | 125.0M |
| Cash Paid For Goods | 83.4M | 88.2M | 65.5M | 69.6M | 48.2M |
| Cash Paid To Employees | 71.9M | 62.7M | 49.5M | 34.1M | 25.1M |
| Taxes Paid | 3.7M | 3.6M | 13.6M | 12.4M | 30.1M |
| Total Operating Cash Outflow | 195.0M | 181.0M | 158.0M | 130.0M | 122.0M |
| Operating Cash Flow | 14.0M | -73.5M | -58.7M | -19.8M | 3.5M |
| Total Investing Cash Inflow | -- | 1,593 | 1.00 | -- | 378,600 |
| Total Investing Cash Outflow | 48.8M | 9.7M | 16.7M | 5.4M | 8.8M |
| Investing Cash Flow | -48.8M | -9.7M | -16.7M | -5.4M | -8.4M |
| Cash From Borrowings | 22.1M | 20.0M | 22.0M | 74.0M | -- |
| Dividends And Interest Paid | 8.9M | 7.9M | 24.9M | 1.5M | 330,300 |
| Debt Repayments | 15.5M | 22.0M | 56.7M | 27.3M | -- |
| Total Financing Cash Inflow | 34.1M | 23.0M | 22.0M | 664.0M | -- |
| Total Financing Cash Outflow | 28.2M | 31.8M | 93.7M | 42.1M | 4.5M |
| Financing Cash Flow | 5.9M | -8.8M | -71.7M | 621.0M | -4.5M |
| Net Change In Cash | -28.9M | -92.0M | -147.0M | 596.0M | -9.4M |
| Ending Cash Balance | 355.0M | 384.0M | 476.0M | 623.0M | 26.7M |
| Capex | 44.0M | 9.7M | 16.7M | 5.4M | 8.8M |