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 | 371.0M | 491.0M | 373.0M | 331.0M | 260.0M |
| Revenue Growth % | -24.4% | 31.6% | 12.7% | 27.3% | -- |
| Total Revenue | 371.0M | 491.0M | 373.0M | 331.0M | 260.0M |
| Cost Of Revenue | 183.0M | 226.0M | 162.0M | 136.0M | 109.0M |
| Gross Profit | 188.0M | 265.0M | 211.0M | 195.0M | 151.0M |
| Gross Margin % | 50.7% | 54.0% | 56.6% | 58.9% | 58.1% |
| Total Operating Cost | 757.0M | 837.0M | 692.0M | 626.0M | 486.0M |
| Selling Expenses | 204.0M | 235.0M | 205.0M | 203.0M | 155.0M |
| Admin Expenses | 115.0M | 126.0M | 121.0M | 135.0M | 98.5M |
| Rd Expenses | 227.0M | 223.0M | 194.0M | 140.0M | 109.0M |
| Finance Expenses | 1.8M | -491,200 | -1.1M | 201,900 | -720,500 |
| Operating Income | -345.0M | -289.0M | -273.0M | -247.0M | -188.0M |
| Operating Margin % | -93.0% | -58.9% | -73.2% | -74.6% | -72.3% |
| Non Operating Income | 296,800 | 297,500 | 277,200 | 864,100 | 4.2M |
| Non Operating Expenses | 1,200 | 66,300 | 95.00 | 157,600 | 92,600 |
| Investment Income | 16.7M | 29.0M | 9.3M | 14.7M | 18.5M |
| Fair Value Change Income | 289,000 | 530,700 | 424,200 | 520,600 | 212,900 |
| Asset Disposal Income | 1.0M | 152,100 | -9,100 | 2,400 | -- |
| Asset Impairment Loss | 10.9M | 10.0M | 3.6M | 3.6M | 3.9M |
| Other Income | 23.0M | 27.3M | 37.1M | 32.9M | 18.6M |
| Income Before Tax | -344.0M | -289.0M | -272.0M | -246.0M | -184.0M |
| Income Tax | -- | -- | -- | -- | 72,300 |
| Net Income | -344.0M | -289.0M | -272.0M | -246.0M | -184.0M |
| Net Margin % | -92.7% | -58.9% | -72.9% | -74.3% | -70.8% |
| Net Income Attributable | -343.0M | -288.0M | -271.0M | -245.0M | -184.0M |
| Minority Interest | -818,900 | -925,100 | -904,600 | -1.6M | -- |
| Eps Basic | -2.84 | -2.39 | -2.84 | -2.70 | -2.18 |
| Eps Diluted | -2.84 | -2.39 | -2.84 | -2.70 | -2.18 |
| 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 | 583.0M | 353.0M | 283.0M | 53.5M | 339.0M |
| Trading Financial Assets | 71.7M | 595.0M | 1.3B | 491.0M | 410.0M |
| Accounts Receivable | 334.0M | 376.0M | 239.0M | 173.0M | 120.0M |
| Notes Receivable | 3.3M | 1.2M | 2.7M | 1.0M | 1.1M |
| Notes And Accounts Receivable | 337.0M | 377.0M | 242.0M | 174.0M | 121.0M |
| Prepayments | 7.1M | 7.3M | 4.6M | 15.8M | 6.2M |
| Inventory | 51.6M | 50.3M | 48.8M | 42.9M | 31.2M |
| Total Current Assets | 1.1B | 1.6B | 1.9B | 804.0M | 931.0M |
| Long Term Equity Investment | 450,000 | -- | -- | -- | -- |
| Fixed Assets | -- | 91.0M | 18.7M | 14.3M | 12.7M |
| Fixed Assets Total | 129.0M | 91.0M | 18.7M | 14.3M | 12.7M |
| Construction In Progress | -- | 3.7M | -- | 1.1M | 503,400 |
| Construction In Progress Total | -- | 3.7M | -- | 1.1M | 503,400 |
| Intangible Assets | 17.7M | 113,900 | 186,300 | 149,900 | 229,600 |
| Long Term Deferred Expenses | 416,100 | 1.1M | 3.0M | 2.9M | 4.3M |
| Total Non Current Assets | 258.0M | 234.0M | 73.8M | 49.7M | 17.7M |
| Total Assets | 1.4B | 1.8B | 1.9B | 854.0M | 949.0M |
| Short Term Borrowings | 40.0M | 55.5M | -- | -- | -- |
| Accounts Payable | 94.0M | 94.2M | 50.4M | 40.7M | 29.9M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 62.6M | 38.4M | 22.6M | 50.5M | 30.9M |
| Total Current Liabilities | 262.0M | 295.0M | 185.0M | 186.0M | 133.0M |
| Total Non Current Liabilities | 39.7M | 58.5M | 53.9M | 51.6M | 36.3M |
| Total Liabilities | 302.0M | 353.0M | 239.0M | 237.0M | 169.0M |
| Paid In Capital | 121.0M | 121.0M | 121.0M | 90.6M | 89.6M |
| Capital Reserve | 2.3B | 2.3B | 2.3B | 943.0M | 862.0M |
| Retained Earnings | -1.3B | -976.0M | -688.0M | -416.0M | -171.0M |
| Minority Equity | -4.3M | -3.5M | -2.5M | -1.6M | -- |
| Equity Attributable | 1.1B | 1.4B | 1.7B | 618.0M | 780.0M |
| Total Equity | 1.1B | 1.4B | 1.7B | 617.0M | 780.0M |
| 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 | 456.0M | 408.0M | 330.0M | 352.0M | 249.0M |
| Tax Refunds Received | 7.7M | 6.2M | 7.6M | 11.6M | 2.8M |
| Total Operating Cash Inflow | 489.0M | 437.0M | 386.0M | 402.0M | 311.0M |
| Cash Paid For Goods | 79.5M | 78.5M | 68.0M | 77.0M | 74.9M |
| Cash Paid To Employees | 607.0M | 594.0M | 517.0M | 446.0M | 310.0M |
| Taxes Paid | 27.1M | 20.4M | 23.0M | 25.7M | 12.0M |
| Total Operating Cash Outflow | 816.0M | 802.0M | 686.0M | 641.0M | 502.0M |
| Operating Cash Flow | -327.0M | -365.0M | -300.0M | -238.0M | -191.0M |
| Total Investing Cash Inflow | 3.9B | 6.5B | 2.3B | 2.6B | 579.0M |
| Total Investing Cash Outflow | 3.4B | 6.1B | 3.1B | 2.7B | 336.0M |
| Investing Cash Flow | 555.0M | 434.0M | -822.0M | -77.4M | 243.0M |
| Cash From Borrowings | 40.0M | 85.5M | -- | -- | -- |
| Dividends And Interest Paid | 1.4M | 1.2M | -- | -- | -- |
| Debt Repayments | 55.5M | 30.0M | -- | -- | -- |
| Total Financing Cash Inflow | 40.0M | 85.5M | 1.4B | 50.0M | 251.0M |
| Total Financing Cash Outflow | 77.7M | 53.9M | 54.4M | 20.0M | 750,000 |
| Financing Cash Flow | -37.7M | 31.6M | 1.3B | 30.0M | 250.0M |
| Net Change In Cash | 191.0M | 101.0M | 199.0M | -286.0M | 302.0M |
| Ending Cash Balance | 543.0M | 353.0M | 252.0M | 52.9M | 339.0M |
| Capex | 38.0M | 133.0M | 31.0M | 11.8M | 10.8M |