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 | 75.7M | 66.6M | 51.2M | 53.0M | 30.7M |
| Revenue Growth % | 13.7% | 30.2% | -3.4% | 72.8% | -- |
| Total Revenue | 75.7M | 66.6M | 51.2M | 53.0M | 30.7M |
| Cost Of Revenue | 54.7M | 43.2M | 34.3M | 36.9M | 20.8M |
| Gross Profit | 21.1M | 23.4M | 16.9M | 16.1M | 9.9M |
| Gross Margin % | 27.8% | 35.1% | 33.0% | 30.4% | 32.1% |
| Total Operating Cost | 63.3M | 50.8M | 40.9M | 44.7M | 26.2M |
| Selling Expenses | -- | -- | -- | -- | -- |
| Admin Expenses | 7.1M | 7.5M | 5.8M | 5.5M | 4.2M |
| Rd Expenses | 382,900 | -- | -- | -- | -- |
| Finance Expenses | -285,100 | -920,400 | -587,700 | -118,900 | -54,000 |
| Operating Income | 17.0M | 16.9M | 14.3M | 8.6M | 7.2M |
| Operating Margin % | 22.4% | 25.3% | 28.0% | 16.2% | 23.3% |
| Non Operating Income | 1.1M | -- | 447,600 | 415,200 | 523,400 |
| Non Operating Expenses | -- | -- | 200.00 | -- | 557,200 |
| Investment Income | 2.6M | 1.4M | 1.2M | 511,400 | -254,400 |
| Fair Value Change Income | 1.4M | -549,100 | -9,400 | -423,200 | 2.9M |
| Asset Disposal Income | 69,600 | -- | -- | -- | -- |
| Asset Impairment Loss | 2.4M | 817,900 | 1.6M | 572,500 | -26,400 |
| Other Income | 458,500 | 252,700 | 2.8M | 221,800 | 60,500 |
| Income Before Tax | 18.1M | 16.9M | 14.8M | 9.0M | 7.1M |
| Income Tax | 5.2M | 4.7M | 4.1M | 2.1M | 1.8M |
| Net Income | 12.8M | 12.2M | 10.7M | 6.9M | 5.3M |
| Net Margin % | 16.9% | 18.3% | 20.8% | 13.1% | 17.2% |
| Net Income Attributable | 12.8M | 12.2M | 10.7M | 6.9M | 5.3M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
| Eps Diluted | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
| 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 | 108.0M | 84.7M | 50.6M | 48.5M | 19.7M |
| Trading Financial Assets | 78.0M | 52.3M | 51.9M | 21.4M | 17.8M |
| Accounts Receivable | 16.5M | 21.2M | 15.9M | 12.3M | 12.2M |
| Notes Receivable | -- | -- | -- | -- | 500,000 |
| Notes And Accounts Receivable | 16.5M | 21.2M | 15.9M | 12.3M | 12.7M |
| Prepayments | -- | -- | -- | 4,400 | 7,600 |
| Inventory | 651,100 | 528,300 | 624,100 | 470,100 | 528,600 |
| Total Current Assets | 237.0M | 187.0M | 144.0M | 105.0M | 65.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 82.9M | 65.8M | 68.8M | 71.8M |
| Fixed Assets Total | 79.6M | 82.9M | 65.8M | 68.8M | 71.8M |
| Construction In Progress | -- | 1.5M | 20.3M | 2.2M | 1.6M |
| Construction In Progress Total | 2.7M | 1.5M | 20.3M | 2.2M | 1.6M |
| Intangible Assets | 5.0M | 5.1M | 5.2M | 5.4M | 5.5M |
| Long Term Deferred Expenses | 3.9M | 5.3M | 2.5M | 2.8M | 2.1M |
| Total Non Current Assets | 96.2M | 99.0M | 94.3M | 82.8M | 89.5M |
| Total Assets | 333.0M | 286.0M | 239.0M | 188.0M | 154.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 50.5M | 51.7M | 55.5M | 43.3M | 37.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 17,900 | 109,600 | 25,600 | -- | 252,300 |
| Total Current Liabilities | 227.0M | 190.0M | 158.0M | 117.0M | 91.1M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 2.6M | 6.3M | 2.7M | 2.8M | 3.0M |
| Total Liabilities | 230.0M | 196.0M | 161.0M | 120.0M | 94.1M |
| Paid In Capital | 375.0M | 375.0M | 375.0M | 375.0M | 375.0M |
| Capital Reserve | 367.0M | 367.0M | 367.0M | 367.0M | 367.0M |
| Surplus Reserve | 43.3M | 43.3M | 43.3M | 43.3M | 43.3M |
| Retained Earnings | -680.0M | -693.0M | -705.0M | -716.0M | -723.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 103.0M | 90.2M | 78.0M | 67.3M | 60.4M |
| Total Equity | 103.0M | 90.2M | 78.0M | 67.3M | 60.4M |
| 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 | 77.2M | 64.7M | 42.9M | 41.9M | 29.8M |
| Tax Refunds Received | -- | -- | 6.6M | -- | -- |
| Total Operating Cash Inflow | 117.0M | 101.0M | 78.1M | 61.9M | 42.1M |
| Cash Paid For Goods | 34.3M | 28.4M | 18.3M | 16.7M | 13.3M |
| Cash Paid To Employees | 12.4M | 13.8M | 11.1M | 10.9M | 7.0M |
| Taxes Paid | 7.7M | 9.2M | 3.5M | 1.6M | 746,500 |
| Total Operating Cash Outflow | 57.5M | 53.9M | 36.1M | 31.1M | 22.9M |
| Operating Cash Flow | 59.5M | 47.2M | 42.0M | 30.9M | 19.2M |
| Total Investing Cash Inflow | 32.8M | 69.4M | 30.5M | 34.6M | 5.0M |
| Total Investing Cash Outflow | 68.2M | 82.4M | 71.3M | 36.8M | 24.4M |
| Investing Cash Flow | -35.4M | -13.0M | -40.8M | -2.2M | -19.4M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | -- | -- | -- | -- | -- |
| Debt Repayments | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | -- | -- | -- |
| Total Financing Cash Outflow | -- | -- | -- | -- | -- |
| Financing Cash Flow | -- | -- | -- | -- | -- |
| Net Change In Cash | 24.1M | 34.2M | 1.2M | 28.7M | -219,300 |
| Ending Cash Balance | 108.0M | 83.8M | 49.6M | 48.4M | 19.7M |
| Capex | 13.7M | 13.3M | 14.5M | 3.7M | 4.9M |