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 | 218.0M | 351.0M | 353.0M | 288.0M | 234.0M | 165.0M | 113.0M | 103.0M | 90.4M | 64.9M | 53.8M |
| Revenue Growth % | -37.9% | -0.6% | 22.6% | 23.1% | 41.8% | 46.0% | 9.7% | 13.9% | 39.3% | 20.8% | -- |
| Total Revenue | 218.0M | 351.0M | 353.0M | 288.0M | 234.0M | 165.0M | 113.0M | 103.0M | 90.4M | 64.9M | 53.8M |
| Cost Of Revenue | 133.0M | 190.0M | 179.0M | 137.0M | 108.0M | 69.8M | 49.4M | 37.7M | 29.2M | 22.2M | 19.9M |
| Gross Profit | 85.0M | 161.0M | 174.0M | 151.0M | 126.0M | 95.2M | 63.6M | 65.3M | 61.2M | 42.8M | 33.8M |
| Gross Margin % | 39.0% | 45.9% | 49.3% | 52.4% | 53.8% | 57.7% | 56.3% | 63.4% | 67.7% | 65.8% | 63.0% |
| Total Operating Cost | 265.0M | 313.0M | 294.0M | 233.0M | 189.0M | 135.0M | 106.0M | 86.6M | 72.8M | 58.7M | 51.7M |
| Selling Expenses | 45.4M | 36.8M | 37.5M | 30.6M | 24.6M | 22.7M | 19.7M | 21.9M | 21.7M | 19.8M | 16.3M |
| Admin Expenses | 34.4M | 27.8M | 24.3M | 21.5M | 21.5M | 16.7M | 14.1M | 10.4M | 18.0M | 13.7M | 14.0M |
| Rd Expenses | 41.2M | 47.4M | 42.2M | 38.6M | 27.6M | 20.3M | 19.6M | 12.5M | -- | -- | -- |
| Finance Expenses | -10.2M | -8.2M | -1.5M | -477,300 | -86,800 | 11,100 | 300.00 | 15,000 | 9,000 | 10,000 | 36,900 |
| Operating Income | -32.9M | 49.9M | 75.7M | 70.4M | 62.6M | 43.2M | 17.5M | 25.5M | 18.8M | 6.3M | 2.1M |
| Operating Margin % | -15.1% | 14.2% | 21.5% | 24.5% | 26.8% | 26.2% | 15.5% | 24.7% | 20.7% | 9.7% | 3.8% |
| Non Operating Income | 149,500 | 126,800 | 13.0M | 10.7M | 155,700 | 278,100 | 23,200 | 2.1M | 11.2M | 6.1M | 4.0M |
| Non Operating Expenses | 400,500 | 278,400 | 287,200 | 158,100 | 825,800 | 95,000 | 977,300 | 317,400 | 400.00 | 481,400 | 55,400 |
| Investment Income | 6.0M | 489,900 | 467,800 | 1.3M | 992,100 | 238,600 | 20,300 | 237,300 | 1.0M | 50,800 | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | 130,600 | -- | -- |
| Asset Disposal Income | -29,900 | 61,100 | -- | 189,100 | 6,000 | -69,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 8.8M | 3.6M | 1.8M | 987,000 | 1.2M | 661,200 | 1.2M | 2.2M | 2.3M | 1.9M | 667,000 |
| Other Income | 7.9M | 10.9M | 16.5M | 14.2M | 16.0M | 13.3M | 11.2M | 8.5M | -- | -- | -- |
| Income Before Tax | -33.2M | 49.7M | 88.5M | 81.0M | 61.9M | 43.4M | 16.6M | 27.3M | 30.0M | 11.9M | 6.0M |
| Income Tax | -5.8M | 4.2M | 9.4M | 8.3M | 6.7M | 3.2M | 1.4M | 3.2M | 4.2M | 882,300 | 504,700 |
| Net Income | -27.4M | 45.5M | 79.1M | 72.7M | 55.2M | 40.1M | 15.1M | 24.1M | 25.8M | 11.0M | 5.5M |
| Net Margin % | -12.6% | 13.0% | 22.4% | 25.3% | 23.6% | 24.3% | 13.4% | 23.4% | 28.5% | 17.0% | 10.1% |
| Net Income Attributable | -26.5M | 45.5M | 79.1M | 72.7M | 55.2M | 40.1M | 15.1M | 24.1M | 25.8M | 11.0M | 5.5M |
| Minority Interest | -907,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.25 | 0.49 | 1.01 | 0.93 | 0.73 | 0.56 | 0.21 | 0.36 | 0.39 | 0.38 | 1.09 |
| Eps Diluted | -0.25 | 0.49 | 1.01 | 0.93 | 0.73 | 0.56 | 0.21 | 0.36 | 0.39 | 0.38 | 1.09 |
| 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 | 763.0M | 841.0M | 106.0M | 125.0M | 114.0M | 52.6M | 24.2M | 13.3M | 10.8M | 3.3M | 573,000 |
| Trading Financial Assets | -- | -- | -- | -- | -- | -- | -- | -- | 1.1M | -- | -- |
| Accounts Receivable | 203.0M | 220.0M | 163.0M | 81.9M | 62.7M | 49.3M | 39.7M | -- | 48.2M | 40.3M | 31.5M |
| Notes Receivable | 7.3M | 7.8M | 5.4M | 6.6M | 8.1M | 11.8M | 14.2M | -- | 258,900 | 1.5M | 1.1M |
| Notes And Accounts Receivable | 210.0M | 228.0M | 169.0M | 88.5M | 70.8M | 61.1M | 53.9M | 60.3M | 48.5M | 41.8M | 32.6M |
| Prepayments | 5.5M | 3.8M | 3.8M | 3.6M | 2.7M | 1.6M | 1.7M | 1.4M | 1.8M | 2.1M | 4.1M |
| Inventory | 95.2M | 83.8M | 91.3M | 96.5M | 75.3M | 60.9M | 43.2M | 19.3M | 21.0M | 12.8M | 13.7M |
| Total Current Assets | 1.1B | 1.2B | 380.0M | 324.0M | 272.0M | 184.0M | 132.0M | 95.4M | 94.2M | 80.3M | 64.6M |
| Fixed Assets | -- | 98.9M | 63.7M | 66.2M | 51.8M | 50.0M | 50.6M | -- | 3.5M | 4.1M | 4.7M |
| Fixed Assets Total | 98.7M | 98.9M | 63.7M | 66.2M | 51.8M | 50.0M | 50.6M | 8.4M | 3.5M | 4.1M | 4.7M |
| Construction In Progress | -- | 2.4M | 20.6M | 12.6M | 1.1M | 1.2M | 882,100 | -- | 9.1M | 449,900 | -- |
| Construction In Progress Total | 2.0M | 2.4M | 20.6M | 12.6M | 1.1M | 1.2M | 882,100 | 34.6M | 9.1M | 449,900 | -- |
| Intangible Assets | 21.1M | 13.3M | 13.9M | 13.5M | 13.5M | 9.0M | 10.1M | 10.5M | 9.8M | 10.0M | 472,200 |
| Long Term Deferred Expenses | 723,500 | 592,000 | 185,600 | 316,700 | 22,800 | 140,300 | 257,900 | -- | -- | -- | -- |
| Total Non Current Assets | 140.0M | 128.0M | 108.0M | 98.8M | 70.4M | 63.2M | 64.6M | 58.0M | 32.6M | 16.2M | 6.2M |
| Total Assets | 1.2B | 1.3B | 487.0M | 422.0M | 342.0M | 247.0M | 197.0M | 153.0M | 127.0M | 96.5M | 70.9M |
| Short Term Borrowings | 900,000 | 3.8M | 11.6M | -- | -- | -- | -- | -- | -- | -- | 560,000 |
| Accounts Payable | 33.2M | 57.5M | 48.1M | 39.2M | 35.3M | 20.6M | 19.6M | -- | 6.9M | 4.6M | 7.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 50.1M | 33.6M | 3.1M | 1.2M | 2.4M | 2.7M |
| Contract Liabilities | 21.6M | 12.9M | 16.2M | 37.3M | 44.8M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 109.0M | 133.0M | 125.0M | 126.0M | 112.0M | 91.1M | 70.8M | 31.9M | 24.1M | 22.5M | 32.6M |
| Total Non Current Liabilities | 11.0M | 12.8M | 12.5M | 11.7M | 4.9M | 5.2M | 5.5M | 5.7M | 3.2M | 350,000 | 615,000 |
| Total Liabilities | 120.0M | 145.0M | 137.0M | 137.0M | 117.0M | 96.2M | 76.2M | 37.6M | 27.3M | 22.8M | 33.2M |
| Paid In Capital | 104.0M | 104.0M | 78.2M | 78.2M | 78.2M | 74.6M | 72.0M | 67.0M | 50.0M | 30.0M | 5.0M |
| Capital Reserve | 813.0M | 810.0M | 68.7M | 66.9M | 64.6M | 33.6M | 30.2M | 23.7M | 23.7M | -- | -- |
| Surplus Reserve | 34.3M | 34.3M | 29.7M | 21.6M | 14.4M | 8.9M | 4.8M | 4.9M | 2.6M | 3.9M | 2.8M |
| Retained Earnings | 154.0M | 201.0M | 175.0M | 120.0M | 70.3M | 35.5M | 13.8M | 20.2M | 23.2M | 39.8M | 29.9M |
| Minority Equity | 686,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 350.0M | 285.0M | 225.0M | 151.0M | 121.0M | 116.0M | 99.5M | 73.7M | 37.7M |
| Total Equity | 1.1B | 1.1B | 350.0M | 285.0M | 225.0M | 151.0M | 121.0M | 116.0M | 99.5M | 73.7M | 37.7M |
| 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 | 244.0M | 298.0M | 269.0M | 284.0M | 237.0M | 182.0M | 133.0M | 98.9M | 87.8M | 61.6M | 62.3M |
| Tax Refunds Received | 7.1M | 10.2M | 13.0M | 11.2M | 11.7M | 9.0M | 7.8M | 7.0M | 9.3M | 4.7M | 3.5M |
| Total Operating Cash Inflow | 253.0M | 310.0M | 299.0M | 318.0M | 254.0M | 196.0M | 146.0M | 112.0M | 102.0M | 70.7M | 66.2M |
| Cash Paid For Goods | 136.0M | 144.0M | 139.0M | 136.0M | 92.6M | 62.8M | 43.4M | 48.4M | 32.1M | 18.0M | 18.5M |
| Cash Paid To Employees | 100.0M | 102.0M | 87.2M | 78.1M | 53.3M | 48.3M | 38.3M | 28.4M | 21.2M | 16.1M | 13.8M |
| Taxes Paid | 21.6M | 26.4M | 35.8M | 22.8M | 21.7M | 19.4M | 17.5M | 8.2M | 15.3M | 10.6M | 7.7M |
| Total Operating Cash Outflow | 303.0M | 318.0M | 290.0M | 265.0M | 198.0M | 152.0M | 122.0M | 101.0M | 87.4M | 61.0M | 60.3M |
| Operating Cash Flow | -50.3M | -8.0M | 8.7M | 52.5M | 55.5M | 44.1M | 23.3M | 11.5M | 14.9M | 9.8M | 5.9M |
| Total Investing Cash Inflow | 11.6M | 6.2M | 1.0M | 2.2M | 1.3M | 3.2M | 53,900 | 11.5M | 51.7M | 47.3M | 43,600 |
| Total Investing Cash Outflow | 71.1M | 116.0M | 71.2M | 26.0M | 12.6M | 11.5M | 9.3M | 20.5M | 58.8M | 68.8M | 11.5M |
| Investing Cash Flow | -59.5M | -110.0M | -70.2M | -23.9M | -11.3M | -8.4M | -9.2M | -9.0M | -7.1M | -21.5M | -11.4M |
| Cash From Borrowings | 900,000 | 13.8M | 11.6M | -- | -- | -- | 800,000 | 2.8M | 100,000 | -- | 560,000 |
| Dividends And Interest Paid | 20.9M | 16.0M | 15.7M | 15.6M | 14.9M | 14.4M | 7.2M | 6.0M | 225,400 | 9,400 | 6.0M |
| Debt Repayments | -- | 20.0M | -- | -- | -- | -- | 6.8M | 2.8M | 100,000 | 560,000 | -- |
| Total Financing Cash Inflow | 2.8M | 796.0M | 11.6M | -- | 32.7M | 6.0M | 12.3M | 8.8M | 100,000 | 25.0M | 10.6M |
| Total Financing Cash Outflow | 25.4M | 52.5M | 19.5M | 19.6M | 14.9M | 14.4M | 14.0M | 10.3M | 325,400 | 10.6M | 6.0M |
| Financing Cash Flow | -22.6M | 744.0M | -7.9M | -19.6M | 17.7M | -8.4M | -1.7M | -1.5M | -225,400 | 14.4M | 4.5M |
| Net Change In Cash | -132.0M | 626.0M | -69.4M | 9.1M | 62.0M | 27.2M | 12.4M | 1.1M | 7.5M | 2.7M | -1.0M |
| Ending Cash Balance | 547.0M | 679.0M | 53.0M | 122.0M | 113.0M | 51.5M | 24.2M | 11.9M | 10.8M | 3.3M | 573,000 |
| Capex | 21.1M | 16.3M | 21.2M | 26.0M | 12.6M | 9.5M | 7.3M | 20.5M | 16.4M | 11.4M | 2.0M |