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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 804.0M | 760.0M | 586.0M | 503.0M | 335.0M | 304.0M | 193.0M | 112.0M | 62.9M | 41.7M | 31.2M |
| Revenue Growth % | 5.8% | 29.7% | 16.5% | 50.1% | 10.2% | 57.5% | 72.3% | 78.0% | 51.0% | 33.7% | -- |
| Total Revenue | 804.0M | 760.0M | 586.0M | 503.0M | 335.0M | 304.0M | 193.0M | 112.0M | 62.9M | 41.7M | 31.2M |
| Cost Of Revenue | 608.0M | 529.0M | 426.0M | 372.0M | 238.0M | 204.0M | 130.0M | 73.8M | 43.3M | 29.1M | 22.3M |
| Gross Profit | 196.0M | 231.0M | 160.0M | 131.0M | 97.0M | 100.0M | 63.0M | 38.2M | 19.6M | 12.6M | 8.9M |
| Gross Margin % | 24.4% | 30.4% | 27.3% | 26.0% | 29.0% | 32.9% | 32.6% | 34.1% | 31.1% | 30.1% | 28.5% |
| Total Operating Cost | 708.0M | 623.0M | 511.0M | 435.0M | 297.0M | 246.0M | 159.0M | 93.2M | 53.2M | 45.9M | 24.9M |
| Selling Expenses | 8.6M | 8.5M | 5.7M | 4.1M | 3.0M | 1.8M | 785,900 | 663,600 | 560,600 | 181,900 | 59,100 |
| Admin Expenses | 43.8M | 41.8M | 44.2M | 29.6M | 36.5M | 21.5M | 14.0M | 12.6M | 8.5M | 16.3M | 1.9M |
| Rd Expenses | 35.8M | 34.8M | 32.2M | 21.2M | 15.0M | 16.4M | 11.7M | 4.8M | -- | -- | -- |
| Finance Expenses | -2.7M | -7.2M | -6.5M | -1.4M | -471,100 | -356,300 | -210,500 | -66,000 | 47,300 | -27,800 | 21,700 |
| Operating Income | 122.0M | 161.0M | 80.9M | 66.9M | 41.5M | 59.2M | 34.5M | 19.2M | 9.8M | -4.3M | 6.3M |
| Operating Margin % | 15.2% | 21.2% | 13.8% | 13.3% | 12.4% | 19.5% | 17.9% | 17.1% | 15.5% | -10.2% | 20.3% |
| Non Operating Income | 1,500 | 9,900 | 4,200 | 9,200 | 2.00 | 1.6M | 3,500 | 6,600 | 31,500 | 8,900 | 61,500 |
| Non Operating Expenses | 68,200 | 436,800 | 39,700 | 73,900 | 2,400 | 158,900 | 45,200 | 111,400 | 581,400 | 1.00 | 400.00 |
| Investment Income | 13.1M | 8.8M | -543,200 | -1.5M | -1.7M | -930,800 | -- | -- | 62,900 | 31,900 | 58,100 |
| Fair Value Change Income | 583,400 | 1.1M | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -122,700 | 15,400 | 24,100 | -76,900 | -52,400 | -49,900 | -82,100 | -- | -- | -- | -- |
| Asset Impairment Loss | 6.6M | 8.3M | 4.7M | 4.5M | 7.5M | -- | 2.1M | 900,400 | 535,200 | 219,900 | 535,800 |
| Other Income | 12.8M | 14.4M | 5.1M | 609,700 | 5.0M | 2.2M | 933,200 | 14,200 | -- | -- | -- |
| Income Before Tax | 122.0M | 161.0M | 80.8M | 66.9M | 41.5M | 60.6M | 34.5M | 19.1M | 9.2M | -4.2M | 6.4M |
| Income Tax | 15.2M | 26.3M | 8.4M | 9.1M | 6.2M | 8.3M | 4.2M | 3.0M | 2.7M | 2.2M | 1.6M |
| Net Income | 106.0M | 135.0M | 72.4M | 57.8M | 35.3M | 52.4M | 30.3M | 16.0M | 6.5M | -6.4M | 4.8M |
| Net Margin % | 13.2% | 17.8% | 12.4% | 11.5% | 10.5% | 17.2% | 15.7% | 14.3% | 10.3% | -15.4% | 15.4% |
| Net Income Attributable | 106.0M | 135.0M | 72.4M | 57.8M | 35.3M | 52.4M | 30.3M | 16.0M | 6.5M | -6.4M | 4.8M |
| Eps Basic | 1.35 | 1.72 | 1.35 | 1.28 | 0.79 | 1.16 | 0.67 | 0.36 | 0.65 | -0.64 | 4.79 |
| Eps Diluted | 1.35 | 1.71 | 1.33 | 1.28 | 0.79 | 1.16 | 0.67 | 0.36 | 0.65 | -0.64 | 4.79 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 489.0M | 493.0M | 677.0M | 136.0M | 103.0M | 89.6M | 56.9M | 35.2M | 8.1M | 8.7M | 4.5M |
| Trading Financial Assets | 401.0M | 421.0M | 136.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 146.0M | 124.0M | 88.3M | 60.2M | 34.0M | 92.2M | 73.6M | 42.8M | 26.3M | 15.8M | 14.7M |
| Notes And Accounts Receivable | 146.0M | 124.0M | 88.3M | 60.2M | 34.0M | 92.2M | 73.6M | 42.8M | 26.3M | 15.8M | 14.7M |
| Prepayments | 886,400 | 1.4M | 1.9M | 1.5M | 2.2M | 1.1M | 571,500 | 983,600 | 391,600 | 288,700 | 144,200 |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1,900 | 1,800 |
| Total Current Assets | 1.4B | 1.3B | 1.1B | 379.0M | 271.0M | 186.0M | 134.0M | 83.5M | 36.8M | 26.0M | 20.1M |
| Long Term Equity Investment | 8.5M | 9.4M | 9.9M | 11.1M | 7.8M | 7.9M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 10.6M | 9.4M | 6.7M | 5.7M | 4.9M | 3.1M | 2.1M | 1.9M | 1.8M | 12,900 |
| Fixed Assets Total | 14.4M | 10.6M | 9.4M | 6.7M | 5.7M | 4.9M | 3.1M | 2.1M | 1.9M | 1.8M | 12,900 |
| Intangible Assets | 2.2M | 2.8M | 721,100 | 55,300 | 107,400 | 149,200 | 185,800 | 110,100 | 42,600 | 47,700 | -- |
| Long Term Deferred Expenses | 353,400 | 534,000 | 31,600 | 669,100 | 1.4M | 1.5M | 72,800 | -- | -- | -- | -- |
| Total Non Current Assets | 40.2M | 40.3M | 28.0M | 25.6M | 16.5M | 15.5M | 4.4M | 3.1M | 2.4M | 3.1M | 220,100 |
| Total Assets | 1.4B | 1.4B | 1.2B | 404.0M | 287.0M | 202.0M | 138.0M | 86.6M | 39.1M | 29.1M | 20.3M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 1.0M | -- | -- | -- | -- |
| Accounts Payable | 14.3M | 2.6M | 9.7M | 8.9M | 6,700 | 6,700 | -- | -- | -- | -- | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 45.1M | 46.6M | 35.1M | 8.8M | 3.2M | 6.1M |
| Contract Liabilities | 132.0M | 158.0M | 115.0M | 92.4M | 80.5M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 256.0M | 281.0M | 208.0M | 174.0M | 122.0M | 76.7M | 68.3M | 48.7M | 16.6M | 14.6M | 12.1M |
| Total Non Current Liabilities | 698,700 | 5.5M | 318,700 | 1.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 256.0M | 286.0M | 209.0M | 175.0M | 122.0M | 76.7M | 68.3M | 48.7M | 16.6M | 14.6M | 12.1M |
| Paid In Capital | 79.5M | 61.2M | 61.0M | 45.0M | 45.0M | 45.0M | 10.0M | 10.0M | 10.0M | 1.0M | 1.0M |
| Capital Reserve | 653.0M | 670.0M | 652.0M | 17.6M | 11.5M | 7.1M | 13.9M | 12.4M | 11.0M | 20.4M | -- |
| Surplus Reserve | 39.8M | 30.6M | 26.6M | 19.3M | 13.5M | 9.9M | 4.6M | 1.6M | 165,700 | 500,000 | 500,000 |
| Retained Earnings | 407.0M | 332.0M | 212.0M | 147.0M | 95.0M | 63.2M | 41.1M | 13.9M | 1.3M | -7.4M | 6.7M |
| Equity Attributable | 1.2B | 1.1B | 952.0M | 229.0M | 165.0M | 125.0M | 69.6M | 37.9M | 22.5M | 14.5M | 8.2M |
| Total Equity | 1.2B | 1.1B | 952.0M | 229.0M | 165.0M | 125.0M | 69.6M | 37.9M | 22.5M | 14.5M | 8.2M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 726.0M | 748.0M | 559.0M | 463.0M | 324.0M | 299.0M | 182.0M | 125.0M | 61.3M | 40.1M | 29.2M |
| Tax Refunds Received | 900.00 | -- | 2.2M | 10.0M | 2.4M | 716,300 | 3.0M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 748.0M | 771.0M | 573.0M | 476.0M | 333.0M | 305.0M | 187.0M | 127.0M | 61.8M | 43.1M | 32.8M |
| Cash Paid For Goods | 77.8M | 84.8M | 50.9M | 47.7M | 40.9M | 36.8M | 21.0M | 11.7M | 6.4M | 5.1M | 4.9M |
| Cash Paid To Employees | 591.0M | 491.0M | 430.0M | 339.0M | 233.0M | 186.0M | 118.0M | 67.0M | 37.9M | 25.0M | 16.8M |
| Taxes Paid | 64.8M | 67.6M | 43.1M | 42.7M | 25.2M | 25.3M | 15.5M | 11.5M | 11.3M | 2.4M | 2.1M |
| Total Operating Cash Outflow | 749.0M | 656.0M | 533.0M | 435.0M | 311.0M | 260.0M | 163.0M | 98.0M | 62.5M | 35.2M | 30.6M |
| Operating Cash Flow | -1.1M | 115.0M | 40.4M | 41.5M | 22.4M | 45.5M | 23.5M | 29.2M | -678,100 | 7.9M | 2.2M |
| Total Investing Cash Inflow | 6.3B | 3.6B | 251.0M | 17,000 | 13,600 | 5,902 | -- | -- | 5.1M | 6.0M | 58,100 |
| Total Investing Cash Outflow | 6.2B | 3.9B | 393.0M | 4.4M | 4.1M | 11.9M | 2.8M | 2.1M | 5.0M | 9.8M | 9,728 |
| Investing Cash Flow | 25.9M | -284.0M | -142.0M | -4.4M | -4.1M | -11.9M | -2.8M | -2.1M | 79,300 | -3.7M | 48,400 |
| Cash From Borrowings | -- | 3.0M | -- | -- | -- | 1.0M | 7.9M | -- | -- | -- | -- |
| Dividends And Interest Paid | 22.1M | 10.7M | -- | -- | -- | 1,700 | 6,100 | -- | -- | -- | -- |
| Debt Repayments | -- | 3.0M | -- | -- | -- | 2.0M | 6.9M | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 6.1M | 669.0M | -- | -- | 1.0M | 7.9M | -- | -- | -- | -- |
| Total Financing Cash Outflow | 29.2M | 20.6M | 26.0M | 4.5M | 4.9M | 2.0M | 6.9M | -- | -- | -- | -- |
| Financing Cash Flow | -29.2M | -14.5M | 643.0M | -4.5M | -4.9M | -1.0M | 993,900 | -- | -- | -- | -- |
| Net Change In Cash | -4.4M | -184.0M | 542.0M | 32.6M | 13.5M | 32.6M | 21.7M | 27.2M | -621,700 | 4.2M | 2.2M |
| Ending Cash Balance | 489.0M | 493.0M | 677.0M | 136.0M | 103.0M | 89.6M | 56.9M | 35.2M | 8.1M | 8.7M | 4.5M |
| Capex | 9.2M | 10.2M | 8.0M | 4.4M | 4.1M | 4.9M | 2.8M | 2.1M | 984,800 | 2.8M | 9,700 |