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 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 283.0M | 305.0M | 248.0M | 200.0M | 182.0M | 143.0M | 122.0M | 86.7M | 80.1M | 58.7M | 41.6M | 33.7M |
| Revenue Growth % | -7.2% | 23.0% | 24.0% | 9.9% | 27.3% | 17.2% | 40.8% | 8.2% | 36.4% | 41.1% | 23.3% | -- |
| Total Revenue | 283.0M | 305.0M | 248.0M | 200.0M | 182.0M | 143.0M | 122.0M | 86.7M | 80.1M | 58.7M | 41.6M | 33.7M |
| Cost Of Revenue | 56.2M | 52.2M | 26.9M | 13.8M | 22.0M | 5.1M | 6.1M | 4.6M | 1.0M | 186,300 | 825,500 | 726,600 |
| Gross Profit | 226.8M | 252.8M | 221.1M | 186.2M | 160.0M | 137.9M | 115.9M | 82.0M | 79.1M | 58.5M | 40.8M | 33.0M |
| Gross Margin % | 80.1% | 82.9% | 89.2% | 93.1% | 87.9% | 96.5% | 95.0% | 94.7% | 98.7% | 99.7% | 98.0% | 97.8% |
| Total Operating Cost | 367.0M | 318.0M | 301.0M | 203.0M | 130.0M | 82.7M | 67.3M | 52.8M | 43.7M | 57.1M | 31.2M | 31.1M |
| Selling Expenses | 129.0M | 115.0M | 125.0M | 92.0M | 50.2M | 31.3M | 26.1M | 20.5M | 16.4M | 13.5M | 11.2M | 12.2M |
| Admin Expenses | 52.9M | 43.2M | 38.8M | 25.2M | 16.5M | 12.5M | 8.6M | 9.5M | 7.8M | 42.1M | 19.1M | 17.5M |
| Rd Expenses | 88.4M | 94.3M | 87.7M | 67.9M | 40.4M | 30.9M | 22.0M | 17.2M | 15.7M | -- | -- | -- |
| Finance Expenses | -1.7M | -3.9M | -5.1M | -7.1M | -6.5M | -1.8M | -491,600 | -666,700 | -638,700 | -461,200 | -382,900 | -29,400 |
| Operating Income | -66.1M | 15.6M | -36.5M | 20.7M | 70.1M | 69.7M | 59.5M | 39.0M | 36.4M | 1.6M | 10.4M | 2.6M |
| Operating Margin % | -23.4% | 5.1% | -14.7% | 10.3% | 38.5% | 48.7% | 48.8% | 45.0% | 45.5% | 2.7% | 25.0% | 7.8% |
| Non Operating Income | 372,600 | 123,100 | 587,300 | 3.6M | 3.2M | 13,000 | 110,700 | 4,000 | 5.8M | 7.5M | 2.3M | 4.8M |
| Non Operating Expenses | 37,000 | 123,200 | 586,900 | 42,000 | 1.0M | 94,100 | 26,300 | 2,300 | 86.00 | 87,400 | 10,800 | -- |
| Investment Income | 4.6M | 3.6M | 8.6M | 7.5M | 11.6M | 1.9M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -244,300 | 146,500 | 171,800 | -251,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -261,500 | -98,600 | 209,400 | 321,200 | 138,700 | -- | 3.3M | 346,100 | 2.1M | 779,100 | -154,600 | 166,300 |
| Other Income | 12.7M | 24.2M | 7.7M | 16.3M | 6.1M | 7.3M | 4.5M | 5.1M | -- | -- | -- | -- |
| Income Before Tax | -65.8M | 15.6M | -36.5M | 24.2M | 72.2M | 69.6M | 59.6M | 39.0M | 42.2M | 9.1M | 12.7M | 7.4M |
| Income Tax | -6.6M | 3.9M | 126,800 | -1.4M | 10.3M | 11.1M | 8.7M | 4.5M | 5.6M | 5.0M | 1.5M | 819,300 |
| Net Income | -59.2M | 11.8M | -36.6M | 25.6M | 61.9M | 58.5M | 51.0M | 34.5M | 36.6M | 4.0M | 11.1M | 6.6M |
| Net Margin % | -20.9% | 3.9% | -14.8% | 12.8% | 34.0% | 40.9% | 41.8% | 39.8% | 45.7% | 6.9% | 26.8% | 19.6% |
| Net Income Attributable | -58.7M | 14.5M | -34.7M | 26.8M | 61.1M | 61.2M | 51.4M | 34.5M | 36.6M | 4.0M | 11.1M | 6.6M |
| Minority Interest | -456,400 | -2.8M | -1.9M | -1.2M | 853,000 | -2.7M | -494,500 | -- | -- | -- | -- | -- |
| Eps Basic | -0.79 | 0.19 | -0.62 | 0.67 | 1.53 | 1.93 | 1.71 | 1.15 | 1.22 | 0.13 | -- | -- |
| Eps Diluted | -0.78 | 0.19 | -0.62 | 0.67 | 1.52 | 1.93 | 1.71 | 1.15 | 1.22 | 0.13 | -- | -- |
| 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 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 105.0M | 222.0M | 249.0M | 663.0M | 478.0M | 547.0M | 62.7M | 56.3M | 49.3M | 39.4M | 24.3M | 10.7M |
| Trading Financial Assets | 174.0M | 278.0M | 261.0M | 300,700 | 330.0M | 250.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 355.0M | 302.0M | 240.0M | 204.0M | 175.0M | 135.0M | 99.2M | 57.6M | 54.9M | 27.7M | 17.2M | 19.6M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.5M | -- | -- |
| Notes And Accounts Receivable | 355.0M | 302.0M | 240.0M | 204.0M | 175.0M | 135.0M | 99.2M | 57.6M | 54.9M | 33.2M | 17.2M | 19.6M |
| Prepayments | 2.1M | 2.5M | 906,200 | 3.2M | 1.6M | 1.1M | 58,000 | 6.8M | 3.0M | 8,500 | -- | -- |
| Inventory | 3.8M | 9.5M | 8.1M | 3.0M | 2.0M | 9.6M | 9.6M | 262,600 | -- | -- | -- | -- |
| Total Current Assets | 663.0M | 837.0M | 781.0M | 896.0M | 992.0M | 944.0M | 174.0M | 123.0M | 109.0M | 74.0M | 42.6M | 30.9M |
| Long Term Equity Investment | 2.2M | 12.7M | 14.1M | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 77.3M | 81.2M | 54.9M | 16.0M | 2.0M | 1.4M | -- | -- | 659,300 | 725,500 | 632,400 |
| Fixed Assets Total | 74.3M | 77.3M | 81.2M | 54.9M | 16.0M | 2.0M | 1.4M | 849,900 | 784,700 | 659,300 | 725,500 | 632,400 |
| Construction In Progress | -- | -- | -- | 4.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | 4.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 3.6M | 6.3M | 7.7M | 9.6M | 2.3M | 387,400 | 159,200 | 146,200 | 44,200 | 36,300 | 164,800 | 300,400 |
| Long Term Deferred Expenses | 3.3M | 5.6M | 4.7M | 4.7M | 2.8M | 233,900 | 150,800 | 1.2M | 1.8M | -- | -- | 91,500 |
| Total Non Current Assets | 111.0M | 116.0M | 117.0M | 96.7M | 26.2M | 18.0M | 16.6M | 16.6M | 3.2M | 955,900 | 1.0M | 1.2M |
| Total Assets | 773.0M | 953.0M | 898.0M | 992.0M | 1.0B | 962.0M | 191.0M | 140.0M | 112.0M | 74.9M | 43.7M | 32.1M |
| Accounts Payable | 14.8M | 17.1M | 14.0M | 4.3M | 1.7M | 1.1M | 1.6M | 1.2M | 625,500 | 4,400 | 7,900 | 38,900 |
| Advance Receipts | 241,800 | 109,900 | -- | -- | -- | 381,700 | 316,100 | 667,300 | 1.3M | 659,700 | 585,800 | 698,000 |
| Contract Liabilities | 4.5M | 10.0M | 6.1M | 8.6M | 211,100 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 42.9M | 96.4M | 47.6M | 31.9M | 34.7M | 21.7M | 23.1M | 13.1M | 10.4M | 8.8M | 3.9M | 3.5M |
| Total Non Current Liabilities | 4.4M | 4.3M | 6.3M | 7.6M | 1.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 47.3M | 101.0M | 53.9M | 39.6M | 36.4M | 21.7M | 23.1M | 13.1M | 10.4M | 8.8M | 3.9M | 3.5M |
| Paid In Capital | 77.7M | 56.0M | 56.0M | 40.0M | 40.0M | 40.0M | 30.0M | 30.0M | 30.0M | 30.0M | 10.0M | 10.0M |
| Capital Reserve | 678.0M | 686.0M | 711.0M | 718.0M | 715.0M | 715.0M | 15.4M | 15.4M | 15.4M | 15.4M | -- | -- |
| Surplus Reserve | 30.1M | 30.1M | 23.0M | 21.2M | 21.2M | 21.2M | 13.9M | 8.4M | 5.2M | 2.1M | 3.0M | 1.9M |
| Retained Earnings | 47.7M | 121.0M | 113.0M | 174.0M | 204.0M | 163.0M | 109.0M | 72.7M | 51.1M | 18.6M | 26.8M | 16.8M |
| Minority Equity | -- | -2.0M | -1.4M | 374,300 | 1.6M | 764,200 | -144,500 | -- | -- | -- | -- | -- |
| Equity Attributable | 726.0M | 855.0M | 846.0M | 952.0M | 980.0M | 939.0M | 168.0M | 127.0M | 102.0M | 66.1M | 39.8M | 28.6M |
| Total Equity | 726.0M | 853.0M | 844.0M | 953.0M | 982.0M | 940.0M | 168.0M | 127.0M | 102.0M | 66.1M | 39.8M | 28.6M |
| 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 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 216.0M | 263.0M | 201.0M | 189.0M | 152.0M | 119.0M | 91.3M | 92.6M | 64.2M | 50.9M | 49.6M | 37.5M |
| Tax Refunds Received | 11.9M | 19.2M | 7.8M | 19.9M | 6.1M | 7.2M | 4.5M | 5.1M | 5.3M | 7.5M | 2.2M | 4.8M |
| Total Operating Cash Inflow | 240.0M | 292.0M | 228.0M | 236.0M | 171.0M | 128.0M | 97.4M | 98.7M | 70.5M | 58.5M | 52.0M | 42.3M |
| Cash Paid For Goods | 12.9M | 17.3M | 10.9M | 8.6M | 7.2M | 3.2M | 3.8M | 10.1M | 254,400 | 252,700 | 896,300 | 754,900 |
| Cash Paid To Employees | 225.0M | 221.0M | 198.0M | 141.0M | 82.8M | 59.4M | 45.8M | 33.4M | 27.6M | 23.8M | 22.4M | 21.7M |
| Taxes Paid | 29.9M | 35.9M | 21.9M | 38.9M | 19.1M | 24.8M | 16.3M | 13.3M | 16.0M | 12.0M | 7.7M | 6.9M |
| Total Operating Cash Outflow | 336.0M | 327.0M | 272.0M | 242.0M | 144.0M | 110.0M | 80.9M | 68.1M | 55.9M | 43.7M | 38.1M | 36.4M |
| Operating Cash Flow | -96.2M | -35.3M | -44.3M | -6.2M | 26.9M | 18.3M | 16.5M | 30.6M | 14.6M | 14.8M | 13.9M | 5.9M |
| Total Investing Cash Inflow | 1.2B | 1.1B | 1.8B | 2.3B | 772.0M | 512.0M | 21.5M | 21.0M | 10.6M | 10.5M | 103,700 | -- |
| Total Investing Cash Outflow | 1.1B | 1.1B | 2.1B | 2.1B | 849.0M | 762.0M | 11.1M | 35.4M | 22.7M | 10.5M | 10.4M | 242,200 |
| Investing Cash Flow | 104.0M | -18.7M | -287.0M | 263.0M | -76.5M | -249.0M | 10.4M | -14.3M | -12.0M | -6,858 | -10.3M | -242,200 |
| Cash From Borrowings | -- | -- | -- | 360,000 | -- | 163,800 | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 13.7M | -- | 25.1M | 57.0M | 20.0M | -- | 9.9M | 9.7M | -- | -- | -- | -- |
| Debt Repayments | -- | -- | -- | 1.2M | -- | 64,000 | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 1.5M | 41.3M | 2.1M | 360,000 | 1.8M | 735.0M | 350,000 | -- | -- | -- | -- | -- |
| Total Financing Cash Outflow | 126.0M | 14.2M | 84.7M | 62.8M | 21.7M | 20.0M | 9.9M | 9.7M | 3.0M | -- | -- | -- |
| Financing Cash Flow | -124.0M | 27.1M | -82.6M | -62.4M | -19.9M | 715.0M | -9.6M | -9.7M | -3.0M | -- | -- | -- |
| Net Change In Cash | -116.0M | -26.9M | -414.0M | 195.0M | -69.6M | 484.0M | 17.3M | 6.5M | -449,100 | 14.8M | 3.6M | 5.7M |
| Ending Cash Balance | 105.0M | 221.0M | 248.0M | 662.0M | 467.0M | 536.0M | 52.5M | 35.1M | 28.6M | 29.1M | 14.3M | 10.7M |
| Capex | 3.5M | 8.4M | 19.3M | 66.5M | 9.0M | 1.6M | 1.1M | 14.3M | 2.0M | 164,800 | 378,100 | 242,200 |