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 |
|---|---|---|---|---|---|---|---|
| Revenue | 643.0M | 1.0B | 679.0M | 582.0M | 395.0M | 330.0M | 228.0M |
| Revenue Growth % | -37.0% | 50.2% | 16.7% | 47.3% | 19.7% | 44.7% | -- |
| Total Revenue | 643.0M | 1.0B | 679.0M | 582.0M | 395.0M | 330.0M | 228.0M |
| Cost Of Revenue | 360.0M | 532.0M | 393.0M | 339.0M | 236.0M | 188.0M | 151.0M |
| Gross Profit | 283.0M | 488.0M | 286.0M | 243.0M | 159.0M | 142.0M | 77.0M |
| Gross Margin % | 44.0% | 47.8% | 42.1% | 41.8% | 40.3% | 43.0% | 33.8% |
| Total Operating Cost | 709.0M | 863.0M | 567.0M | 484.0M | 336.0M | 270.0M | 209.0M |
| Selling Expenses | 132.0M | 115.0M | 57.6M | 47.5M | 32.4M | 34.5M | 26.2M |
| Admin Expenses | 47.5M | 45.9M | 37.9M | 34.6M | 22.7M | 13.9M | 12.5M |
| Rd Expenses | 135.0M | 105.0M | 65.1M | 54.2M | 39.6M | 29.2M | 16.8M |
| Finance Expenses | 473,400 | -885,400 | 1.3M | 3.2M | 840,200 | 147,800 | 538,700 |
| Operating Income | 5.9M | 225.0M | 144.0M | 119.0M | 71.4M | 71.7M | 26.2M |
| Operating Margin % | 0.9% | 22.1% | 21.2% | 20.4% | 18.1% | 21.7% | 11.5% |
| Non Operating Income | 42,700 | 188,800 | 90,800 | 64,000 | 118,300 | -- | -- |
| Non Operating Expenses | 2.3M | 2.1M | 3,900 | 339,000 | 718,600 | 3,600 | 1,700 |
| Investment Income | 36.5M | 33.0M | 5.0M | 1.9M | 335,600 | -221,200 | -- |
| Fair Value Change Income | 1.3M | 5.0M | 1.5M | -- | -- | -- | -- |
| Asset Disposal Income | 378,400 | 8,600 | 575,200 | 336,700 | 63,600 | -33,700 | -- |
| Asset Impairment Loss | 8.3M | 9.4M | -- | -- | 102,800 | -- | 650,100 |
| Other Income | 34.2M | 30.3M | 25.3M | 18.4M | 12.4M | 12.1M | 6.9M |
| Income Before Tax | 3.7M | 223.0M | 144.0M | 119.0M | 70.8M | 71.7M | 26.2M |
| Income Tax | -15.7M | 20.4M | 13.0M | 11.0M | 7.0M | 8.5M | 2.3M |
| Net Income | 19.3M | 203.0M | 131.0M | 108.0M | 63.8M | 63.2M | 24.0M |
| Net Margin % | 3.0% | 19.9% | 19.3% | 18.6% | 16.1% | 19.1% | 10.5% |
| Net Income Attributable | 19.3M | 203.0M | 131.0M | 108.0M | 63.8M | 62.8M | 24.0M |
| Minority Interest | -- | -- | -- | -- | -- | 374,500 | -19,000 |
| Eps Basic | 0.20 | 2.13 | 2.50 | 2.11 | -- | -- | -- |
| Eps Diluted | 0.20 | 2.13 | 2.50 | 2.11 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 334.0M | 307.0M | 719.0M | 220.0M | 204.0M | 16.7M | 8.5M |
| Trading Financial Assets | 795.0M | 877.0M | 1.1B | -- | -- | -- | -- |
| Accounts Receivable | 540.0M | 672.0M | 321.0M | 156.0M | 124.0M | 85.8M | 50.5M |
| Notes Receivable | 51.1M | 38.6M | 40.2M | 44.4M | 22.3M | 24.0M | 25.5M |
| Notes And Accounts Receivable | 591.0M | 710.0M | 361.0M | 201.0M | 147.0M | 110.0M | 76.0M |
| Prepayments | 6.1M | 6.6M | 4.6M | 5.1M | 3.7M | 2.2M | 1.3M |
| Inventory | 285.0M | 278.0M | 267.0M | 200.0M | 154.0M | 71.0M | 33.5M |
| Total Current Assets | 2.2B | 2.3B | 2.5B | 714.0M | 606.0M | 237.0M | 120.0M |
| Fixed Assets | -- | 17.4M | 15.2M | 11.4M | 8.8M | 3.9M | 2.1M |
| Fixed Assets Total | 18.8M | 17.4M | 15.2M | 11.4M | 8.8M | 3.9M | 2.1M |
| Intangible Assets | 1.6M | 1.3M | 1.1M | 358,400 | -- | -- | -- |
| Long Term Deferred Expenses | 2.6M | 3.6M | 5.5M | 4.1M | 3.4M | -- | -- |
| Total Non Current Assets | 411.0M | 522.0M | 78.1M | 62.9M | 17.9M | 7.9M | 4.6M |
| Total Assets | 2.6B | 2.9B | 2.5B | 777.0M | 624.0M | 245.0M | 124.0M |
| Short Term Borrowings | 156.0M | 68.0M | 56.6M | -- | 16.0M | 6.9M | -- |
| Accounts Payable | 128.0M | 171.0M | 161.0M | 81.9M | 118.0M | 60.7M | 41.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.5M | 4.3M |
| Contract Liabilities | 2.7M | 1.6M | 1.7M | 2.2M | 3.1M | -- | -- |
| Total Current Liabilities | 455.0M | 592.0M | 428.0M | 266.0M | 251.0M | 127.0M | 69.0M |
| Total Non Current Liabilities | 24.4M | 32.0M | 41.2M | 34.3M | 7.9M | 1.9M | 741,000 |
| Total Liabilities | 479.0M | 624.0M | 469.0M | 301.0M | 259.0M | 129.0M | 69.7M |
| Paid In Capital | 95.0M | 68.0M | 68.0M | 51.0M | 24.6M | 1.0M | 1.0M |
| Capital Reserve | 1.7B | 1.8B | 1.7B | 306.0M | 252.0M | -- | 707,000 |
| Surplus Reserve | 39.1M | 34.0M | 25.9M | 13.1M | 6.6M | 500,000 | 500,000 |
| Retained Earnings | 338.0M | 378.0M | 224.0M | 106.0M | 81.9M | 115.0M | 52.8M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -629,800 |
| Equity Attributable | 2.2B | 2.2B | 2.1B | 476.0M | 365.0M | 117.0M | 55.3M |
| Total Equity | 2.2B | 2.2B | 2.1B | 476.0M | 365.0M | 117.0M | 54.6M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 736.0M | 670.0M | 622.0M | 588.0M | 341.0M | 302.0M | 236.0M |
| Tax Refunds Received | 24.2M | 30.9M | 25.3M | 19.5M | 13.9M | 14.0M | 7.7M |
| Total Operating Cash Inflow | 781.0M | 725.0M | 685.0M | 642.0M | 358.0M | 318.0M | 245.0M |
| Cash Paid For Goods | 567.0M | 440.0M | 385.0M | 378.0M | 240.0M | 207.0M | 167.0M |
| Cash Paid To Employees | 215.0M | 176.0M | 127.0M | 102.0M | 69.2M | 51.1M | 36.2M |
| Taxes Paid | 66.7M | 40.6M | 45.6M | 42.9M | 20.2M | 17.3M | 13.8M |
| Total Operating Cash Outflow | 925.0M | 721.0M | 616.0M | 579.0M | 371.0M | 313.0M | 241.0M |
| Operating Cash Flow | -143.0M | 4.8M | 68.7M | 62.9M | -12.3M | 5.2M | 3.8M |
| Total Investing Cash Inflow | 2.9B | 3.1B | 864.0M | 369.0M | 230.0M | 21,500 | -- |
| Total Investing Cash Outflow | 2.6B | 3.5B | 2.0B | 374.0M | 240.0M | 2.6M | 1.0M |
| Investing Cash Flow | 318.0M | -449.0M | -1.1B | -5.3M | -9.9M | -2.6M | -1.0M |
| Cash From Borrowings | 236.0M | 97.0M | 57.5M | -- | 21.5M | 6.9M | -- |
| Dividends And Interest Paid | 57.2M | 44.0M | 1.2M | 330,900 | 91.4M | 353,700 | 304,300 |
| Debt Repayments | 147.0M | 86.4M | -- | 16.0M | 5.5M | -- | -- |
| Total Financing Cash Inflow | 236.0M | 97.0M | 1.5B | -- | 297.0M | 6.9M | -- |
| Total Financing Cash Outflow | 276.0M | 170.0M | 17.2M | 33.7M | 96.9M | 1.4M | 304,300 |
| Financing Cash Flow | -40.4M | -72.7M | 1.5B | -33.7M | 200.0M | 5.5M | -304,300 |
| Net Change In Cash | 134.0M | -517.0M | 499.0M | 23.5M | 177.0M | 8.1M | 2.6M |
| Ending Cash Balance | 333.0M | 199.0M | 716.0M | 217.0M | 194.0M | 16.7M | 8.5M |
| Capex | 2.3M | 7.4M | 10.5M | 8.0M | 10.3M | 2.6M | 1.0M |