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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 329.0M | 396.0M | 365.0M | 291.0M | 198.0M | 154.0M | 125.0M | 107.0M | 79.3M | 45.8M | 73.1M | 84.6M | 80.3M | 79.4M |
| Revenue Growth % | -16.9% | 8.5% | 25.4% | 47.0% | 28.6% | 23.2% | 16.8% | 34.9% | 73.2% | -37.3% | -13.6% | 5.5% | 1.1% | -- |
| Total Revenue | 329.0M | 396.0M | 365.0M | 291.0M | 198.0M | 154.0M | 125.0M | 107.0M | 79.3M | 45.8M | 73.1M | 84.6M | 80.3M | 79.4M |
| Cost Of Revenue | 161.0M | 188.0M | 177.0M | 141.0M | 90.6M | 61.1M | 58.9M | 49.1M | 31.7M | 33.0M | 37.4M | 30.7M | 18.2M | 35.1M |
| Gross Profit | 168.0M | 208.0M | 188.0M | 150.0M | 107.4M | 92.9M | 66.1M | 57.9M | 47.6M | 12.8M | 35.7M | 53.9M | 62.1M | 44.3M |
| Gross Margin % | 51.1% | 52.5% | 51.5% | 51.5% | 54.2% | 60.3% | 52.9% | 54.1% | 60.0% | 28.0% | 48.9% | 63.7% | 77.3% | 55.7% |
| Total Operating Cost | 302.0M | 321.0M | 301.0M | 236.0M | 147.0M | 110.0M | 102.0M | 91.6M | 78.5M | 84.0M | 69.9M | 60.5M | 45.1M | 57.3M |
| Selling Expenses | 36.6M | 29.5M | 25.8M | 18.9M | 13.2M | 16.3M | 11.8M | 10.7M | 8.6M | 11.5M | 9.3M | 8.2M | 6.5M | 3.3M |
| Admin Expenses | 26.4M | 24.0M | 23.5M | 22.9M | 17.4M | 16.8M | 11.6M | 12.0M | 11.2M | 30.1M | 17.4M | 14.8M | 15.9M | 15.1M |
| Rd Expenses | 52.1M | 44.2M | 37.3M | 36.1M | 20.6M | 15.2M | 11.6M | 10.5M | 10.1M | -- | -- | -- | -- | -- |
| Finance Expenses | -1.0M | -1.3M | -1.8M | -4.1M | -2.4M | 856,300 | 1.3M | 1.2M | 657,500 | 734,500 | 716,600 | 558,900 | 365,500 | 414,200 |
| Operating Income | 37.7M | 91.6M | 89.1M | 68.1M | 55.8M | 55.4M | 36.0M | 25.5M | 3.2M | -38.2M | 3.2M | 24.2M | 35.2M | 22.9M |
| Operating Margin % | 11.5% | 23.1% | 24.4% | 23.4% | 28.2% | 36.0% | 28.8% | 23.8% | 4.1% | -83.5% | 4.4% | 28.5% | 43.8% | 28.8% |
| Non Operating Income | 900.00 | 811,900 | 239,400 | 3.5M | 3.0M | 5,000 | 117,400 | 96,400 | 165,700 | 4.6M | 7.8M | 9.2M | 11.3M | 990,700 |
| Non Operating Expenses | 2.2M | 1.6M | 2.8M | 1.1M | 1.9M | 1.5M | 843,600 | 1.5M | 486,500 | 1.4M | 651,200 | 650,200 | 418,500 | 527,900 |
| Investment Income | -1.9M | 1.2M | 706,400 | 184,600 | 369,500 | -- | -- | -- | -- | -- | -- | -- | -- | 774,600 |
| Fair Value Change Income | 615,400 | 1.1M | 370,700 | -- | 1,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 36,100 | -- | -38,800 | 14,700 | -- | -- | 25.00 | -1,600 | -5,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 99,000 | 3.5M | 2.1M | 899,500 | -719,000 | 407,700 | 5.0M | 6.3M | 14.9M | 8.4M | 4.3M | 4.8M | 2.9M | 1.5M |
| Other Income | 11.9M | 14.2M | 23.7M | 12.6M | 5.2M | 10.8M | 12.7M | 9.8M | 2.4M | -- | -- | -- | -- | -- |
| Income Before Tax | 35.5M | 90.8M | 86.6M | 70.6M | 57.0M | 53.9M | 35.3M | 24.1M | 2.9M | -35.0M | 10.4M | 32.7M | 46.1M | 23.3M |
| Income Tax | 1.4M | 4.3M | 6.6M | 7.5M | 6.2M | 6.9M | 4.1M | 2.5M | -120,400 | -5.1M | 1.6M | 3.8M | 5.9M | 4.2M |
| Net Income | 34.1M | 86.5M | 80.0M | 63.1M | 50.7M | 47.1M | 31.1M | 21.6M | 3.0M | -29.9M | 8.7M | 28.9M | 40.2M | 19.1M |
| Net Margin % | 10.4% | 21.8% | 21.9% | 21.7% | 25.6% | 30.6% | 24.9% | 20.2% | 3.8% | -65.3% | 11.9% | 34.1% | 50.1% | 24.1% |
| Net Income Attributable | 33.0M | 84.3M | 80.0M | 63.1M | 50.7M | 47.1M | 31.1M | 21.6M | 3.0M | -29.9M | 8.7M | 28.9M | 40.2M | 18.7M |
| Minority Interest | 1.1M | 2.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 476,900 |
| Eps Basic | 0.46 | 1.18 | 1.13 | 0.89 | 0.72 | 0.89 | 0.59 | 0.41 | 0.06 | -0.60 | 0.17 | 0.57 | 0.80 | 0.44 |
| Eps Diluted | 0.46 | 1.16 | 1.10 | 0.86 | 0.72 | 0.89 | 0.59 | 0.41 | 0.06 | -0.60 | 0.17 | 0.57 | 0.80 | 0.44 |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 83.2M | 99.4M | 149.0M | 248.0M | 302.0M | 366.0M | 19.1M | 17.4M | 6.0M | 22.6M | 23.7M | 22.6M | 36.8M | 34.3M |
| Trading Financial Assets | 101.0M | 91.3M | 63.7M | -- | 2.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 506.0M | 507.0M | 397.0M | 287.0M | 142.0M | 145.0M | 156.0M | 131.0M | 107.0M | 99.1M | 120.0M | 110.0M | 84.9M | 47.7M |
| Notes Receivable | 34.9M | 46.3M | 52.7M | 27.1M | 38.2M | 36.0M | 15.2M | 22.5M | 29.5M | 3.8M | 14.9M | 9.4M | 10.3M | 9.2M |
| Notes And Accounts Receivable | 541.0M | 553.0M | 449.0M | 314.0M | 180.0M | 181.0M | 171.0M | 153.0M | 137.0M | 103.0M | 135.0M | 119.0M | 95.3M | 56.9M |
| Prepayments | 1.6M | 2.4M | 6.4M | 1.9M | 2.5M | 357,600 | 344,600 | 634,400 | 219,600 | 381,400 | 441,700 | 478,600 | 200,300 | 316,300 |
| Inventory | 45.1M | 18.5M | 22.8M | 31.2M | 33.9M | 4.0M | 8.4M | 13.1M | 11.7M | 10.1M | 6.0M | 9.6M | 796,300 | 9.9M |
| Total Current Assets | 846.0M | 824.0M | 730.0M | 629.0M | 548.0M | 557.0M | 206.0M | 188.0M | 158.0M | 140.0M | 173.0M | 159.0M | 138.0M | 103.0M |
| Long Term Equity Investment | 9.6M | 3.3M | 2.7M | 2.6M | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 44.3M | 42.3M | 47.0M | 11.5M | 7.1M | 7.9M | -- | -- | 9.9M | 10.8M | 11.1M | 11.0M | 10.3M |
| Fixed Assets Total | 47.1M | 44.3M | 42.3M | 47.0M | 11.5M | 7.1M | 7.9M | 8.6M | 8.8M | 9.9M | 10.8M | 11.1M | 11.0M | 10.3M |
| Construction In Progress | -- | -- | 4.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | 4.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 379,400 | 670,800 | 695,200 | 392,200 | 463,500 | 101,100 | 231,600 | 476,500 | 781,100 | 824,500 | 1.1M | 157,000 | 105,200 | 34,200 |
| Long Term Deferred Expenses | 1.6M | 1.8M | 1.3M | 346,100 | -- | -- | 4,000 | 9,400 | 114,800 | 541,600 | 983,900 | 25,500 | 76,500 | -- |
| Total Non Current Assets | 94.1M | 78.5M | 68.6M | 61.8M | 21.7M | 14.8M | 16.0M | 16.2M | 17.5M | 18.9M | 15.3M | 13.2M | 12.6M | 11.4M |
| Total Assets | 940.0M | 902.0M | 799.0M | 690.0M | 570.0M | 572.0M | 222.0M | 204.0M | 175.0M | 158.0M | 188.0M | 173.0M | 150.0M | 114.0M |
| Short Term Borrowings | 5.0M | 5.0M | -- | 14.5M | -- | 5.0M | 13.0M | 7.0M | 14.5M | 12.0M | 12.0M | 5.0M | 10.0M | 5.0M |
| Accounts Payable | 110.0M | 92.3M | 71.0M | 50.3M | 14.2M | 12.1M | 19.7M | 27.1M | 25.7M | 23.7M | 18.0M | 11.4M | 6.4M | 13.8M |
| Advance Receipts | 168,500 | 206,700 | 92,400 | -- | -- | 1.1M | 2.6M | 2.3M | 492,400 | 280,000 | 90,000 | 90,000 | 538,200 | 1.6M |
| Contract Liabilities | 5.8M | 2.0M | 9.1M | 9.6M | 23.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 185.0M | 172.0M | 151.0M | 123.0M | 56.6M | 51.0M | 63.3M | 66.5M | 68.4M | 51.2M | 50.9M | 37.2M | 37.8M | 42.0M |
| Total Non Current Liabilities | 7.2M | 7.6M | 1.7M | 222,100 | 1.4M | 1.4M | 867,200 | 867,200 | 574,600 | 1.0M | 1.0M | -- | -- | -- |
| Total Liabilities | 192.0M | 180.0M | 153.0M | 123.0M | 58.0M | 52.4M | 64.1M | 67.3M | 68.9M | 52.2M | 51.9M | 37.2M | 37.8M | 42.0M |
| Paid In Capital | 72.9M | 72.0M | 71.4M | 70.8M | 70.8M | 70.8M | 53.1M | 53.1M | 50.2M | 50.2M | 50.2M | 50.2M | 50.2M | 50.2M |
| Capital Reserve | 377.0M | 364.0M | 351.0M | 334.0M | 326.0M | 326.0M | 20.2M | 20.2M | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M | 14.4M |
| Surplus Reserve | 42.6M | 42.6M | 33.9M | 25.7M | 19.3M | 18.6M | 13.8M | 10.7M | 8.6M | 8.6M | 8.6M | 7.7M | 4.8M | 749,200 |
| Retained Earnings | 248.0M | 241.0M | 190.0M | 137.0M | 95.5M | 104.0M | 70.6M | 52.5M | 33.0M | 33.0M | 62.9M | 63.1M | 43.1M | 7.0M |
| Minority Equity | 6.7M | 3.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 741.0M | 719.0M | 646.0M | 567.0M | 512.0M | 519.0M | 158.0M | 136.0M | 106.0M | 106.0M | 136.0M | 135.0M | 113.0M | 72.4M |
| Total Equity | 747.0M | 723.0M | 646.0M | 567.0M | 512.0M | 519.0M | 158.0M | 136.0M | 106.0M | 106.0M | 136.0M | 135.0M | 113.0M | 72.4M |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 307.0M | 244.0M | 200.0M | 133.0M | 111.0M | 155.0M | 108.0M | 81.0M | 38.6M | 61.5M | 62.5M | 63.0M | 53.0M | 48.9M |
| Tax Refunds Received | 11.6M | 14.1M | 23.6M | 12.6M | 5.5M | 10.5M | 12.7M | 9.8M | 1.4M | 4.5M | 7.8M | 8.4M | 11.0M | 471,600 |
| Total Operating Cash Inflow | 321.0M | 263.0M | 227.0M | 155.0M | 123.0M | 169.0M | 120.0M | 91.3M | 42.1M | 66.3M | 71.9M | 74.3M | 64.6M | 53.1M |
| Cash Paid For Goods | 94.0M | 83.6M | 51.0M | 30.2M | 31.5M | 15.6M | 15.0M | 20.4M | 13.2M | 10.7M | 15.1M | 18.7M | 9.1M | 15.7M |
| Cash Paid To Employees | 126.0M | 109.0M | 98.7M | 88.0M | 72.5M | 67.9M | 56.0M | 42.1M | 33.1M | 28.8M | 29.1M | 24.7M | 19.3M | 12.1M |
| Taxes Paid | 37.1M | 39.3M | 49.1M | 23.7M | 9.0M | 30.2M | 23.9M | 14.8M | 2.1M | 9.2M | 16.5M | 19.0M | 13.5M | 14.0M |
| Total Operating Cash Outflow | 299.0M | 266.0M | 234.0M | 166.0M | 135.0M | 131.0M | 112.0M | 88.3M | 59.7M | 63.7M | 72.3M | 73.6M | 52.8M | 52.1M |
| Operating Cash Flow | 21.9M | -3.4M | -7.5M | -11.6M | -12.0M | 37.7M | 8.8M | 3.0M | -17.7M | 2.7M | -335,500 | 760,800 | 11.8M | 999,900 |
| Total Investing Cash Inflow | 260.0M | 74.5M | 92.1M | 32.9M | -- | -- | 700.00 | 2,000 | 1,740 | -- | 17,900 | -- | -- | -- |
| Total Investing Cash Outflow | 284.0M | 107.0M | 156.0M | 73.0M | 11.0M | 989,900 | 1.0M | 1.4M | 534,500 | 413,800 | 3.7M | 1.4M | 2.0M | 756,500 |
| Investing Cash Flow | -23.7M | -32.5M | -64.4M | -40.1M | -11.0M | -989,900 | -1.0M | -1.4M | -532,700 | -413,800 | -3.7M | -1.4M | -2.0M | -756,500 |
| Cash From Borrowings | 8.0M | 5.0M | -- | 18.5M | -- | 27.3M | 39.4M | 43.5M | 21.5M | 12.0M | 12.0M | 5.0M | 10.0M | 5.0M |
| Dividends And Interest Paid | 26.1M | 24.3M | 19.5M | 15.6M | 14.9M | 9.5M | 10.6M | 2.6M | 654,300 | 3.6M | 730,700 | 6.6M | 10.2M | 896,500 |
| Debt Repayments | 8.0M | -- | 14.5M | 4.0M | 21.0M | 33.5M | 35.0M | 36.5M | 19.0M | 12.0M | 5.0M | 10.0M | 5.0M | 4.0M |
| Total Financing Cash Inflow | 29.0M | 14.5M | 10.0M | 18.5M | -- | 364.0M | 39.4M | 57.4M | 24.8M | 12.1M | 12.0M | 5.0M | 10.0M | 35.7M |
| Total Financing Cash Outflow | 43.4M | 28.0M | 35.8M | 22.3M | 40.8M | 54.3M | 45.6M | 47.6M | 23.1M | 15.7M | 6.5M | 19.2M | 17.3M | 5.0M |
| Financing Cash Flow | -14.4M | -13.5M | -25.8M | -3.8M | -40.8M | 310.0M | -6.2M | 9.8M | 1.7M | -3.5M | 5.5M | -14.2M | -7.3M | 30.7M |
| Net Change In Cash | -16.2M | -49.4M | -97.7M | -55.4M | -63.8M | 347.0M | 1.5M | 11.4M | -16.5M | -1.3M | 1.5M | -14.8M | 2.6M | 30.9M |
| Ending Cash Balance | 83.2M | 99.4M | 149.0M | 246.0M | 302.0M | 366.0M | 18.7M | 17.2M | 5.8M | 22.3M | 23.5M | 22.0M | 36.8M | 34.3M |
| Capex | 7.3M | 4.7M | 6.5M | 38.4M | 6.4M | 989,900 | 1.0M | 1.4M | 534,500 | 413,800 | 3.7M | 1.4M | 2.0M | 756,500 |