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 | 837.0M | 586.0M | 598.0M | 806.0M | 683.0M | 478.0M | 418.0M |
| Revenue Growth % | 42.8% | -2.0% | -25.8% | 18.0% | 42.9% | 14.4% | -- |
| Total Revenue | 837.0M | 586.0M | 598.0M | 806.0M | 683.0M | 478.0M | 418.0M |
| Cost Of Revenue | 635.0M | 441.0M | 464.0M | 651.0M | 501.0M | 336.0M | 302.0M |
| Gross Profit | 202.0M | 145.0M | 134.0M | 155.0M | 182.0M | 142.0M | 116.0M |
| Gross Margin % | 24.1% | 24.7% | 22.4% | 19.2% | 26.6% | 29.7% | 27.8% |
| Total Operating Cost | 766.0M | 534.0M | 546.0M | 745.0M | 584.0M | 416.0M | 388.0M |
| Selling Expenses | 45.5M | 29.7M | 30.3M | 31.6M | 24.7M | 29.1M | 11.5M |
| Admin Expenses | 58.0M | 35.1M | 28.0M | 31.8M | 27.7M | 28.6M | 55.0M |
| Rd Expenses | 22.3M | 20.8M | 19.5M | 24.3M | 18.2M | 18.8M | 17.8M |
| Finance Expenses | -10.9M | -5.3M | -6.8M | 3.1M | 6.4M | -2.1M | -2.5M |
| Operating Income | 79.6M | 56.6M | 63.9M | 71.7M | 104.0M | 71.2M | 35.0M |
| Operating Margin % | 9.5% | 9.7% | 10.7% | 8.9% | 15.2% | 14.9% | 8.4% |
| Non Operating Income | -- | 73.00 | 1.5M | 1.3M | 1.7M | -- | -- |
| Non Operating Expenses | 96.00 | 251,700 | 50,300 | 300.00 | 27,600 | 62,900 | 35,900 |
| Investment Income | 2.1M | -4.1M | -1.8M | 820,000 | 220,600 | 43,200 | 16,800 |
| Fair Value Change Income | -- | 39,000 | 43,100 | 582,700 | 390,400 | -21,500 | -- |
| Asset Disposal Income | -233,500 | -110,600 | -- | -48,300 | -10,500 | -4,900 | -38,900 |
| Asset Impairment Loss | 8.2M | 8.9M | 8.0M | 2.5M | 2.1M | 1.4M | 1.4M |
| Other Income | 6.9M | 8.3M | 14.0M | 9.7M | 4.2M | 8.7M | 4.6M |
| Income Before Tax | 79.6M | 56.3M | 65.3M | 73.0M | 105.0M | 71.2M | 35.0M |
| Income Tax | 11.9M | 6.5M | 10.6M | 7.2M | 14.0M | 7.9M | 4.9M |
| Net Income | 67.7M | 49.9M | 54.7M | 65.9M | 91.3M | 63.2M | 30.1M |
| Net Margin % | 8.1% | 8.5% | 9.1% | 8.2% | 13.4% | 13.2% | 7.2% |
| Net Income Attributable | 70.4M | 51.4M | 59.1M | 67.5M | 91.3M | 63.2M | 30.1M |
| Minority Interest | -2.7M | -1.6M | -4.4M | -1.6M | -- | -- | -- |
| Eps Basic | 0.68 | 0.56 | 0.99 | 1.12 | 1.52 | 1.05 | 0.86 |
| Eps Diluted | 0.68 | 0.56 | 0.99 | 1.12 | 1.52 | 1.05 | 0.86 |
| 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 | 281.0M | 522.0M | 152.0M | 77.6M | 106.0M | 60.9M | 23.0M |
| Trading Financial Assets | 125.0M | 39,000 | 43,100 | 582,700 | 390,400 | -- | -- |
| Accounts Receivable | 183.0M | 92.9M | 96.0M | 88.4M | 104.0M | 76.4M | 76.8M |
| Notes And Accounts Receivable | 183.0M | 92.9M | 96.0M | 88.4M | 104.0M | 76.4M | 76.8M |
| Prepayments | 8.6M | 6.9M | 6.6M | 7.7M | 9.8M | 3.1M | 1.8M |
| Inventory | 129.0M | 101.0M | 103.0M | 157.0M | 103.0M | 87.9M | 66.4M |
| Total Current Assets | 740.0M | 733.0M | 370.0M | 350.0M | 334.0M | 235.0M | 177.0M |
| Fixed Assets | -- | 58.6M | 64.9M | 61.2M | 55.3M | 51.1M | 50.7M |
| Fixed Assets Total | 55.9M | 58.6M | 64.9M | 61.2M | 55.3M | 51.1M | 50.7M |
| Construction In Progress | -- | 6,600 | 411,000 | 10.1M | 4.3M | -- | -- |
| Construction In Progress Total | 36.0M | 6,600 | 411,000 | 10.1M | 4.3M | -- | -- |
| Intangible Assets | 94.6M | 10.9M | 11.6M | 10.9M | 7.9M | 8.1M | 8.4M |
| Long Term Deferred Expenses | 76,100 | 152,200 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 207.0M | 98.7M | 90.2M | 94.4M | 78.8M | 69.6M | 68.8M |
| Total Assets | 947.0M | 832.0M | 460.0M | 445.0M | 412.0M | 304.0M | 246.0M |
| Accounts Payable | 201.0M | 120.0M | 99.0M | 135.0M | 129.0M | 103.0M | 88.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.5M | 2.8M |
| Contract Liabilities | 6.3M | 15.3M | 6.6M | 11.3M | 10.2M | -- | -- |
| Total Current Liabilities | 235.0M | 155.0M | 126.0M | 164.0M | 159.0M | 126.0M | 103.0M |
| Total Non Current Liabilities | 15.4M | 18.7M | 16.4M | 6.0M | 6.7M | 4.0M | 4.4M |
| Total Liabilities | 250.0M | 173.0M | 143.0M | 170.0M | 166.0M | 130.0M | 107.0M |
| Paid In Capital | 104.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 342.0M | 365.0M | 82.1M | 82.1M | 82.1M | 82.1M | -- |
| Surplus Reserve | 40.8M | 33.8M | 28.9M | 22.9M | 15.9M | 7.1M | 2.2M |
| Retained Earnings | 216.0M | 186.0M | 152.0M | 111.0M | 88.6M | 25.3M | 76.2M |
| Minority Equity | -6.9M | -6.2M | -5.1M | -663,500 | -- | -- | -- |
| Equity Attributable | 704.0M | 665.0M | 323.0M | 276.0M | 247.0M | 175.0M | 138.0M |
| Total Equity | 697.0M | 659.0M | 318.0M | 275.0M | 247.0M | 175.0M | 138.0M |
| 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 | 707.0M | 579.0M | 573.0M | 799.0M | 657.0M | 483.0M | 405.0M |
| Tax Refunds Received | 58.3M | 45.6M | 48.2M | 64.7M | 44.2M | 41.2M | 45.8M |
| Total Operating Cash Inflow | 778.0M | 646.0M | 654.0M | 875.0M | 713.0M | 536.0M | 458.0M |
| Cash Paid For Goods | 595.0M | 423.0M | 448.0M | 702.0M | 529.0M | 363.0M | 333.0M |
| Cash Paid To Employees | 99.3M | 73.0M | 69.8M | 87.1M | 60.8M | 54.7M | 49.6M |
| Taxes Paid | 11.7M | 14.2M | 10.2M | 18.0M | 16.5M | 11.3M | 8.7M |
| Total Operating Cash Outflow | 754.0M | 548.0M | 560.0M | 844.0M | 634.0M | 466.0M | 424.0M |
| Operating Cash Flow | 23.9M | 98.7M | 94.7M | 31.2M | 78.7M | 69.6M | 34.1M |
| Total Investing Cash Inflow | 640.0M | 110,500 | 188,500 | 1.2M | 2.2M | 4.2M | 73.1M |
| Total Investing Cash Outflow | 871.0M | 20.3M | 4.8M | 20.9M | 16.7M | 7.5M | 163.0M |
| Investing Cash Flow | -231.0M | -20.2M | -4.6M | -19.7M | -14.5M | -3.3M | -89.7M |
| Dividends And Interest Paid | 32.5M | 12.8M | 12.0M | 38.4M | 19.2M | 28.8M | -- |
| Total Financing Cash Inflow | -- | 363.0M | -- | 940,000 | -- | -- | 60.0M |
| Total Financing Cash Outflow | 33.2M | 71.3M | 14.0M | 42.5M | 19.2M | 28.8M | -- |
| Financing Cash Flow | -33.2M | 292.0M | -14.0M | -41.6M | -19.2M | -28.8M | 60.0M |
| Net Change In Cash | -241.0M | 371.0M | 76.0M | -30.0M | 45.0M | 37.5M | 4.4M |
| Ending Cash Balance | 281.0M | 522.0M | 152.0M | 75.5M | 106.0M | 60.6M | 23.0M |
| Capex | 108.0M | 16.2M | 3.4M | 20.9M | 14.7M | 5.0M | 20.8M |