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 |
|---|---|---|---|---|---|
| Revenue | 1.0B | 813.0M | 580.0M | 422.0M | 265.0M |
| Revenue Growth % | 25.7% | 40.2% | 37.4% | 59.2% | -- |
| Total Revenue | 1.0B | 813.0M | 580.0M | 422.0M | 265.0M |
| Cost Of Revenue | 725.0M | 598.0M | 418.0M | 294.0M | 187.0M |
| Gross Profit | 297.0M | 215.0M | 162.0M | 128.0M | 78.0M |
| Gross Margin % | 29.1% | 26.4% | 27.9% | 30.3% | 29.4% |
| Total Operating Cost | 841.0M | 689.0M | 494.0M | 363.0M | 249.0M |
| Selling Expenses | 8.3M | 7.8M | 8.9M | 7.3M | 6.8M |
| Admin Expenses | 30.0M | 22.6M | 19.6M | 16.7M | 18.0M |
| Rd Expenses | 66.6M | 54.2M | 41.9M | 32.9M | 28.1M |
| Finance Expenses | -874,800 | -1.1M | 1.0M | -345,600 | -198,200 |
| Operating Income | 198.0M | 143.0M | 95.5M | 65.2M | 29.2M |
| Operating Margin % | 19.4% | 17.6% | 16.5% | 15.4% | 11.0% |
| Non Operating Income | 86,300 | 162,200 | -- | -- | -- |
| Non Operating Expenses | 66,400 | 4,600 | -- | 76,100 | 100.00 |
| Investment Income | 1.5M | 490,200 | -260,700 | -187,000 | -- |
| Fair Value Change Income | 540,000 | 1.3M | 1.2M | 513,700 | -- |
| Asset Disposal Income | -2,700 | -33,700 | -- | -- | -- |
| Asset Impairment Loss | 6.0M | 2.4M | 1.2M | 2.9M | 2.0M |
| Other Income | 15.3M | 17.1M | 8.6M | 6.3M | 13.1M |
| Income Before Tax | 198.0M | 144.0M | 95.5M | 65.1M | 29.2M |
| Income Tax | 22.4M | 16.0M | 9.9M | 5.9M | 2.0M |
| Net Income | 175.0M | 128.0M | 85.6M | 59.2M | 27.2M |
| Net Margin % | 17.1% | 15.7% | 14.8% | 14.0% | 10.3% |
| Net Income Attributable | 175.0M | 128.0M | 85.6M | 59.2M | 27.2M |
| Eps Basic | 3.08 | 2.43 | 1.63 | 1.18 | 0.54 |
| Eps Diluted | 3.08 | 2.43 | 1.63 | 1.18 | 0.54 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 578.0M | 348.0M | 241.0M | 107.0M | 78.9M |
| Trading Financial Assets | 421.0M | 136,300 | 194,800 | -- | -- |
| Accounts Receivable | 265.0M | 201.0M | 158.0M | 123.0M | 81.3M |
| Notes Receivable | 27.9M | 21.7M | 11.9M | 14.7M | 13.3M |
| Notes And Accounts Receivable | 293.0M | 223.0M | 170.0M | 138.0M | 94.6M |
| Prepayments | 332,300 | 1.6M | 441,100 | 1.2M | 2.6M |
| Inventory | 258.0M | 188.0M | 161.0M | 107.0M | 78.7M |
| Total Current Assets | 1.7B | 815.0M | 598.0M | 368.0M | 270.0M |
| Fixed Assets | -- | 14.1M | 14.2M | 11.1M | 10.7M |
| Fixed Assets Total | 13.2M | 14.1M | 14.2M | 11.1M | 10.7M |
| Construction In Progress | -- | -- | -- | 169,700 | -- |
| Construction In Progress Total | 1.5M | -- | -- | 169,700 | -- |
| Intangible Assets | 5.9M | 6.4M | 5.9M | 4.5M | 5.0M |
| Long Term Deferred Expenses | 35,300 | 106,100 | 142,200 | -- | -- |
| Total Non Current Assets | 73.4M | 32.5M | 30.4M | 25.4M | 19.8M |
| Total Assets | 1.8B | 847.0M | 628.0M | 393.0M | 290.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 251.0M | 194.0M | 142.0M | 95.1M | 90.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 15.4M | 13.0M | 5.0M | 6.2M | 3.0M |
| Total Current Liabilities | 444.0M | 345.0M | 255.0M | 160.0M | 118.0M |
| Total Non Current Liabilities | 12.2M | 7.9M | 5.8M | 4.0M | 1.6M |
| Total Liabilities | 457.0M | 353.0M | 261.0M | 164.0M | 120.0M |
| Paid In Capital | 70.2M | 52.6M | 52.6M | 50.0M | 50.0M |
| Capital Reserve | 678.0M | 68.3M | 68.3M | 18.9M | 18.9M |
| Surplus Reserve | 35.1M | 26.3M | 25.0M | 16.8M | 11.0M |
| Retained Earnings | 514.0M | 347.0M | 221.0M | 144.0M | 90.4M |
| Equity Attributable | 1.3B | 495.0M | 367.0M | 229.0M | 170.0M |
| Total Equity | 1.3B | 495.0M | 367.0M | 229.0M | 170.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 757.0M | 666.0M | 520.0M | 313.0M | 245.0M |
| Tax Refunds Received | 13.3M | 16.4M | 11.3M | 9.2M | 8.3M |
| Total Operating Cash Inflow | 779.0M | 688.0M | 534.0M | 335.0M | 266.0M |
| Cash Paid For Goods | 554.0M | 444.0M | 340.0M | 219.0M | 168.0M |
| Cash Paid To Employees | 78.6M | 61.0M | 49.6M | 40.1M | 35.4M |
| Taxes Paid | 52.2M | 39.5M | 30.9M | 14.9M | 8.8M |
| Total Operating Cash Outflow | 729.0M | 568.0M | 456.0M | 288.0M | 231.0M |
| Operating Cash Flow | 49.6M | 120.0M | 77.8M | 46.6M | 34.5M |
| Total Investing Cash Inflow | 1.9B | 793.0M | 382.0M | 106.0M | -- |
| Total Investing Cash Outflow | 2.3B | 797.0M | 388.0M | 110.0M | 3.4M |
| Investing Cash Flow | -456.0M | -3.6M | -6.2M | -3.9M | -3.4M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | -- | -- | -- | -- | -- |
| Debt Repayments | 0.00 | 0.00 | -- | -- | -- |
| Total Financing Cash Inflow | 645.0M | 0.00 | 52.0M | -- | -- |
| Total Financing Cash Outflow | 18.7M | 6.7M | 6.5M | 3.0M | -- |
| Financing Cash Flow | 626.0M | -6.7M | 45.5M | -3.0M | -- |
| Net Change In Cash | 218.0M | 108.0M | 117.0M | 39.5M | 30.6M |
| Ending Cash Balance | 542.0M | 324.0M | 216.0M | 98.4M | 58.9M |
| Capex | 4.8M | 6.8M | 7.9M | 4.7M | 3.4M |