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 |
|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.4B | 988.0M | 431.0M | 210.0M | 99.0M |
| Revenue Growth % | 8.8% | 39.3% | 129.2% | 105.2% | 112.2% | -- |
| Total Revenue | 1.5B | 1.4B | 988.0M | 431.0M | 210.0M | 99.0M |
| Cost Of Revenue | 1.0B | 920.0M | 679.0M | 317.0M | 149.0M | 68.7M |
| Gross Profit | 471.0M | 456.0M | 309.0M | 114.0M | 61.0M | 30.2M |
| Gross Margin % | 31.5% | 33.1% | 31.3% | 26.5% | 29.0% | 30.5% |
| Total Operating Cost | 1.2B | 1.1B | 771.0M | 382.0M | 182.0M | 89.8M |
| Selling Expenses | 53.6M | 47.4M | 26.8M | 24.5M | 10.9M | 6.5M |
| Admin Expenses | 24.8M | 25.8M | 20.6M | 9.1M | 6.3M | 4.3M |
| Rd Expenses | 109.0M | 79.1M | 40.2M | 21.5M | 11.2M | 7.7M |
| Finance Expenses | -4.4M | -7.7M | -6.6M | 2.0M | 1.4M | 207,900 |
| Operating Income | 285.0M | 304.0M | 224.0M | 51.1M | 29.2M | 9.6M |
| Operating Margin % | 19.0% | 22.1% | 22.7% | 11.9% | 13.9% | 9.7% |
| Non Operating Income | 203,100 | 42,600 | 9,700 | 4,100 | 14,700 | 140,200 |
| Non Operating Expenses | 227,000 | 25,000 | 170,700 | 1,000 | 5,700 | 38,600 |
| Investment Income | 8.4M | 8.1M | 3.6M | 1.6M | 365,200 | 234,600 |
| Fair Value Change Income | 10,000 | -- | 341,200 | 186,300 | -- | -- |
| Asset Disposal Income | 241,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.0M | 5.3M | 957,800 | 1.1M | 1.0M | 593,700 |
| Other Income | 12.8M | 6.6M | 3.6M | 704,700 | 746,900 | 219,800 |
| Income Before Tax | 285.0M | 304.0M | 224.0M | 51.1M | 29.2M | 9.7M |
| Income Tax | 28.7M | 35.8M | 28.1M | 5.0M | 3.3M | 670,100 |
| Net Income | 256.0M | 268.0M | 196.0M | 46.1M | 25.9M | 9.1M |
| Net Margin % | 17.1% | 19.5% | 19.8% | 10.7% | 12.3% | 9.2% |
| Net Income Attributable | 256.0M | 268.0M | 196.0M | 46.1M | 25.9M | 9.1M |
| Eps Basic | 8.13 | 8.52 | 6.35 | -- | -- | -- |
| Eps Diluted | 8.13 | 8.52 | 6.35 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 713.0M | 633.0M | 373.0M | 115.0M | 58.1M | 18.6M |
| Trading Financial Assets | 10,000 | -- | 40.3M | 22.2M | -- | 5.0M |
| Accounts Receivable | 648.0M | 438.0M | 296.0M | 167.0M | 60.7M | 31.8M |
| Notes Receivable | 100.0M | 69.1M | 21.6M | 35.2M | 12.8M | 6.5M |
| Notes And Accounts Receivable | 748.0M | 507.0M | 317.0M | 202.0M | 73.5M | 38.3M |
| Prepayments | 841,900 | 1.6M | 1.3M | 364,300 | 466,400 | 321,600 |
| Inventory | 208.0M | 183.0M | 188.0M | 81.4M | 36.0M | 21.1M |
| Total Current Assets | 1.7B | 1.3B | 964.0M | 427.0M | 170.0M | 84.9M |
| Fixed Assets | -- | 28.7M | 15.3M | 5.7M | 3.7M | 3.3M |
| Fixed Assets Total | 41.8M | 28.7M | 15.3M | 5.7M | 3.7M | 3.3M |
| Intangible Assets | 563,200 | 607,900 | 67,800 | 77,000 | 79,900 | 16,900 |
| Long Term Deferred Expenses | 5.2M | 4.9M | 2.0M | 397,800 | 848,000 | 621,400 |
| Total Non Current Assets | 95.8M | 72.3M | 47.6M | 25.1M | 7.4M | 4.8M |
| Total Assets | 1.8B | 1.4B | 1.0B | 452.0M | 178.0M | 89.7M |
| Short Term Borrowings | -- | -- | -- | 7.0M | 12.0M | -- |
| Accounts Payable | 327.0M | 265.0M | 217.0M | 149.0M | 55.2M | 47.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 302,500 |
| Contract Liabilities | 7.7M | 32.0M | 29.7M | 2.2M | 191,500 | -- |
| Total Current Liabilities | 683.0M | 582.0M | 438.0M | 228.0M | 88.9M | 57.7M |
| Total Non Current Liabilities | 90.2M | 72.2M | 47.5M | 23.1M | 5.3M | 2.1M |
| Total Liabilities | 773.0M | 654.0M | 486.0M | 251.0M | 94.2M | 59.9M |
| Paid In Capital | 31.5M | 31.5M | 31.5M | 25.1M | 22.8M | 20.1M |
| Capital Reserve | 308.0M | 304.0M | 296.0M | 94.6M | 25.2M | 242,900 |
| Surplus Reserve | 20.2M | 20.2M | 20.2M | 8.4M | 3.7M | 1.1M |
| Retained Earnings | 664.0M | 408.0M | 178.0M | 73.2M | 31.7M | 8.4M |
| Equity Attributable | 1.0B | 764.0M | 526.0M | 201.0M | 83.5M | 29.9M |
| Total Equity | 1.0B | 764.0M | 526.0M | 201.0M | 83.5M | 29.9M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 866.0M | 1.1B | 825.0M | 275.0M | 152.0M | 62.1M |
| Tax Refunds Received | 18.6M | 80.9M | 9.7M | 6.5M | 2.6M | -- |
| Total Operating Cash Inflow | 893.0M | 1.2B | 839.0M | 283.0M | 157.0M | 62.7M |
| Cash Paid For Goods | 538.0M | 712.0M | 552.0M | 209.0M | 125.0M | 23.3M |
| Cash Paid To Employees | 136.0M | 92.2M | 49.7M | 28.0M | 16.0M | 10.8M |
| Taxes Paid | 59.1M | 52.2M | 30.9M | 9.7M | 5.8M | 2.5M |
| Total Operating Cash Outflow | 780.0M | 893.0M | 659.0M | 264.0M | 158.0M | 42.6M |
| Operating Cash Flow | 113.0M | 286.0M | 181.0M | 19.8M | -936,600 | 20.1M |
| Total Investing Cash Inflow | 3.5B | 2.5B | 799.0M | 419.0M | 88.4M | 68.2M |
| Total Investing Cash Outflow | 3.5B | 2.5B | 831.0M | 444.0M | 86.4M | 75.7M |
| Investing Cash Flow | -25.7M | 17.3M | -32.1M | -25.3M | 1.9M | -7.4M |
| Cash From Borrowings | -- | -- | -- | 10.0M | 13.0M | -- |
| Dividends And Interest Paid | 122,800 | 37.8M | 20,500 | 742,000 | 261,900 | 124,000 |
| Debt Repayments | -- | -- | 7.0M | 15.0M | 1.0M | -- |
| Total Financing Cash Inflow | 12.5M | 25.1M | 125.0M | 80.0M | 40.3M | 9.0M |
| Total Financing Cash Outflow | 13.3M | 64.2M | 34.8M | 21.9M | 1.3M | 6.3M |
| Financing Cash Flow | -799,800 | -39.0M | 90.2M | 58.1M | 39.1M | 2.7M |
| Net Change In Cash | 88.4M | 266.0M | 238.0M | 52.4M | 39.5M | 15.3M |
| Ending Cash Balance | 703.0M | 614.0M | 348.0M | 111.0M | 58.1M | 18.6M |
| Capex | 34.1M | 30.8M | 17.9M | 4.9M | 3.4M | 2.7M |