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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 865.0M | 644.0M | 522.0M | 467.0M | 326.0M | 282.0M | 141.0M | 96.8M | 67.2M | 48.5M |
| Revenue Growth % | 34.3% | 23.4% | 11.8% | 43.3% | 15.6% | 100.0% | 45.7% | 44.0% | 38.7% | -- |
| Total Revenue | 865.0M | 644.0M | 522.0M | 467.0M | 326.0M | 282.0M | 141.0M | 96.8M | 67.2M | 48.5M |
| Cost Of Revenue | 495.0M | 365.0M | 296.0M | 252.0M | 167.0M | 143.0M | 61.5M | 44.7M | 38.4M | 28.8M |
| Gross Profit | 370.0M | 279.0M | 226.0M | 215.0M | 159.0M | 139.0M | 79.5M | 52.1M | 28.8M | 19.7M |
| Gross Margin % | 42.8% | 43.3% | 43.3% | 46.0% | 48.8% | 49.3% | 56.4% | 53.8% | 42.9% | 40.6% |
| Total Operating Cost | 671.0M | 494.0M | 399.0M | 356.0M | 248.0M | 221.0M | 106.0M | 77.2M | 59.0M | 43.8M |
| Selling Expenses | 61.2M | 49.7M | 42.2M | 45.0M | 33.5M | 37.8M | 19.4M | 13.2M | 7.1M | 4.7M |
| Admin Expenses | 57.3M | 36.2M | 30.9M | 28.2M | 24.2M | 21.9M | 22.5M | 17.1M | 12.9M | 9.1M |
| Rd Expenses | 41.6M | 29.1M | 22.5M | 19.7M | 13.9M | 13.2M | -- | -- | -- | -- |
| Finance Expenses | -1.9M | -1.4M | -2.5M | 3.3M | 3.0M | -1.0M | -1.1M | -602,200 | -23,500 | 54,100 |
| Operating Income | 207.0M | 161.0M | 128.0M | 115.0M | 84.0M | 64.6M | 34.4M | 19.5M | 8.2M | 4.7M |
| Operating Margin % | 23.9% | 25.0% | 24.5% | 24.6% | 25.8% | 22.9% | 24.4% | 20.2% | 12.2% | 9.7% |
| Non Operating Income | 313,500 | 159,100 | 36,100 | 60,800 | 43,900 | 27,000 | 1.4M | 639,300 | 434,700 | 156,600 |
| Non Operating Expenses | 689,300 | 591,100 | 255,500 | 616,300 | 1.6M | 49,600 | 37,600 | 208,900 | 573,700 | 1,900 |
| Investment Income | 4.6M | -- | 49,800 | 749,700 | 1.3M | 821,100 | 35,600 | 32,400 | 5,778 | 9,657 |
| Fair Value Change Income | 226,000 | -- | -- | -- | 438,900 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 439,000 | 11,800 | 47,200 | 78,700 | 79,800 | 5,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 5.9M | 4.5M | 3.8M | 2.2M | 1.0M | 1.2M | 2.2M | 1.8M | -13,000 | 769,800 |
| Other Income | 8.0M | 10.3M | 4.8M | 3.9M | 4.7M | 2.6M | -- | -- | -- | -- |
| Income Before Tax | 206.0M | 160.0M | 128.0M | 115.0M | 82.5M | 64.5M | 35.8M | 20.0M | 8.0M | 4.9M |
| Income Tax | 30.4M | 20.4M | 13.4M | 16.0M | 11.9M | 7.9M | 5.8M | 2.7M | 951,600 | 1.2M |
| Net Income | 176.0M | 140.0M | 114.0M | 98.5M | 70.6M | 56.7M | 30.0M | 17.3M | 7.1M | 3.6M |
| Net Margin % | 20.3% | 21.7% | 21.8% | 21.1% | 21.7% | 20.1% | 21.3% | 17.9% | 10.5% | 7.5% |
| Net Income Attributable | 176.0M | 140.0M | 114.0M | 98.5M | 70.6M | 56.7M | 30.0M | 17.3M | 7.1M | 3.6M |
| Eps Basic | 3.29 | 3.04 | 3.81 | 3.28 | 2.35 | 1.89 | 1.49 | 0.99 | 0.71 | 0.40 |
| Eps Diluted | 3.29 | 3.04 | 3.81 | 3.28 | 2.35 | 1.89 | 1.49 | 0.99 | -- | -- |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 119.0M | 116.0M | 53.3M | 69.8M | 95.1M | 81.2M | 40.0M | 16.1M | 9.3M | 4.4M |
| Trading Financial Assets | 343.0M | -- | -- | -- | 438,900 | -- | -- | -- | -- | -- |
| Accounts Receivable | 341.0M | 253.0M | 176.0M | 127.0M | 101.0M | 89.7M | 46.6M | 30.2M | 22.7M | 15.7M |
| Notes Receivable | 4.4M | 3.4M | 2.2M | 3.0M | 3.5M | 3.4M | 8.0M | 4.5M | 3.1M | 228,900 |
| Notes And Accounts Receivable | 346.0M | 256.0M | 178.0M | 130.0M | 105.0M | 93.0M | 54.6M | 34.7M | 25.9M | 15.9M |
| Prepayments | 7.0M | 2.5M | 9.8M | 17.9M | 8.7M | 5.2M | 2.5M | 1.1M | 488,700 | 249,100 |
| Inventory | 141.0M | 96.5M | 91.4M | 68.5M | 44.7M | 35.6M | 11.6M | 7.3M | 6.4M | 6.8M |
| Total Current Assets | 1.0B | 506.0M | 369.0M | 309.0M | 278.0M | 237.0M | 110.0M | 60.3M | 43.9M | 34.4M |
| Fixed Assets | -- | 180.0M | 181.0M | 53.2M | 35.7M | 26.3M | 11.5M | 8.2M | 7.1M | 7.6M |
| Fixed Assets Total | 324.0M | 180.0M | 181.0M | 53.2M | 35.7M | 26.3M | 11.5M | 8.2M | 7.1M | 7.6M |
| Construction In Progress | -- | 86.6M | 840,400 | 92.4M | 18.6M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 34.8M | 86.6M | 840,400 | 92.4M | 18.6M | -- | -- | -- | -- | -- |
| Intangible Assets | 49.1M | 17.7M | 17.5M | 10.8M | 11.5M | 2.1M | 116,600 | 255,800 | 298,300 | 340,800 |
| Long Term Deferred Expenses | 6.6M | 4.6M | 5.6M | 2.0M | 1.6M | 1.4M | -- | 163,000 | 199,500 | 308,300 |
| Total Non Current Assets | 479.0M | 318.0M | 233.0M | 182.0M | 75.8M | 34.7M | 13.5M | 9.9M | 8.2M | 8.6M |
| Total Assets | 1.5B | 825.0M | 602.0M | 491.0M | 354.0M | 272.0M | 124.0M | 70.2M | 52.1M | 43.0M |
| Short Term Borrowings | -- | 23.5M | -- | -- | -- | -- | 6.0M | -- | -- | -- |
| Accounts Payable | 87.9M | 70.3M | 29.9M | 44.5M | 24.1M | 15.5M | 7.5M | 5.2M | 3.5M | 3.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.6M | 656,500 | 2.1M | 1.3M | 1.3M |
| Contract Liabilities | 4.2M | 2.9M | 3.5M | 4.2M | 4.7M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 183.0M | 153.0M | 78.9M | 83.7M | 55.8M | 34.2M | 26.9M | 15.6M | 25.3M | 23.2M |
| Long Term Borrowings | -- | 14.8M | -- | 3.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 51.0M | 23.8M | 15.9M | 14.7M | 3.8M | 3.7M | 3.4M | 901,700 | -- | -- |
| Total Liabilities | 234.0M | 177.0M | 94.8M | 98.4M | 59.6M | 37.9M | 30.3M | 16.5M | 25.3M | 23.2M |
| Paid In Capital | 56.0M | 30.0M | 30.0M | 30.0M | 30.0M | 30.0M | 21.2M | 20.0M | 10.0M | 10.0M |
| Capital Reserve | 516.0M | 57.5M | 57.0M | 56.6M | 56.2M | 55.8M | 29.4M | 20.8M | 500,000 | 500,000 |
| Surplus Reserve | 26.7M | 15.0M | 15.0M | 15.0M | 15.0M | 11.7M | 4.0M | 1.2M | 1.5M | 819,400 |
| Retained Earnings | 670.0M | 545.0M | 406.0M | 291.0M | 193.0M | 136.0M | 38.8M | 11.7M | 14.8M | 8.5M |
| Equity Attributable | 1.3B | 648.0M | 508.0M | 393.0M | 294.0M | 234.0M | 93.4M | 53.7M | 26.9M | 19.8M |
| Total Equity | 1.3B | 648.0M | 508.0M | 393.0M | 294.0M | 234.0M | 93.4M | 53.7M | 26.9M | 19.8M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 634.0M | 529.0M | 418.0M | 407.0M | 297.0M | 242.0M | 140.0M | 102.0M | 68.3M | 45.2M |
| Tax Refunds Received | 3.1M | 2.2M | 7.0M | 1.3M | 1.3M | 641,000 | 266,000 | 527,700 | 612,300 | 584,100 |
| Total Operating Cash Inflow | 654.0M | 547.0M | 430.0M | 416.0M | 306.0M | 247.0M | 142.0M | 103.0M | 76.4M | 49.3M |
| Cash Paid For Goods | 293.0M | 229.0M | 200.0M | 195.0M | 120.0M | 88.6M | 64.0M | 42.9M | 36.3M | 37.8M |
| Cash Paid To Employees | 147.0M | 117.0M | 98.5M | 91.2M | 61.6M | 60.1M | 26.3M | 20.4M | 14.1M | 8.7M |
| Taxes Paid | 69.8M | 47.5M | 29.0M | 34.9M | 26.8M | 22.6M | 15.5M | 12.1M | 5.7M | 3.0M |
| Total Operating Cash Outflow | 564.0M | 429.0M | 351.0M | 348.0M | 239.0M | 207.0M | 132.0M | 105.0M | 69.2M | 54.9M |
| Operating Cash Flow | 90.1M | 118.0M | 79.2M | 67.8M | 66.8M | 39.7M | 9.9M | -1.6M | 7.2M | -5.6M |
| Total Investing Cash Inflow | 911.0M | 61,600 | 36.3M | 138.0M | 110.0M | 128.0M | 6.2M | 5.8M | 2.3M | 2.1M |
| Total Investing Cash Outflow | 1.4B | 82.2M | 116.0M | 218.0M | 152.0M | 136.0M | 11.1M | 9.0M | 4.6M | 5.5M |
| Investing Cash Flow | -492.0M | -82.1M | -79.8M | -80.0M | -42.3M | -7.2M | -4.9M | -3.2M | -2.3M | -3.4M |
| Cash From Borrowings | -- | 48.3M | 15.0M | 3.0M | -- | -- | 6.0M | -- | -- | -- |
| Dividends And Interest Paid | 39.5M | 550,900 | 365,600 | 75,500 | 10.8M | 10.4M | 93,600 | -- | -- | -- |
| Debt Repayments | 38.3M | 10.0M | 18.0M | -- | -- | 6.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 512.0M | 48.3M | 15.0M | 3.0M | -- | -- | 19.0M | 11.5M | -- | 10.0M |
| Total Financing Cash Outflow | 116.0M | 24.7M | 34.9M | 10.6M | 10.8M | 16.4M | 1.1M | -- | -- | -- |
| Financing Cash Flow | 396.0M | 23.6M | -19.9M | -7.6M | -10.8M | -16.4M | 17.9M | 11.5M | -- | 10.0M |
| Net Change In Cash | -4.3M | 60.6M | -17.0M | -22.2M | 10.8M | 17.3M | 22.9M | 6.8M | 5.0M | 1.1M |
| Ending Cash Balance | 109.0M | 113.0M | 52.8M | 69.8M | 92.0M | 81.2M | 39.0M | 16.1M | 9.3M | 4.4M |
| Capex | 154.0M | 82.2M | 79.9M | 81.3M | 43.7M | 8.0M | 5.0M | 3.5M | 1.5M | 3.4M |