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 | 135.0M | 127.0M | 111.0M | 173.0M | 197.0M |
| Revenue Growth % | 6.3% | 14.4% | -35.8% | -12.2% | -- |
| Total Revenue | 135.0M | 127.0M | 111.0M | 173.0M | 197.0M |
| Cost Of Revenue | 55.1M | 46.3M | 33.5M | 54.4M | 53.1M |
| Gross Profit | 79.9M | 80.7M | 77.5M | 118.6M | 143.9M |
| Gross Margin % | 59.2% | 63.6% | 69.8% | 68.5% | 73.0% |
| Total Operating Cost | 166.0M | 162.0M | 109.0M | 106.0M | 90.4M |
| Selling Expenses | 11.6M | 10.3M | 6.5M | 6.7M | 4.9M |
| Admin Expenses | 34.4M | 22.9M | 17.1M | 12.4M | 9.0M |
| Rd Expenses | 73.0M | 78.8M | 47.9M | 31.3M | 20.3M |
| Finance Expenses | -9.1M | -19.0M | -3.5M | -144,800 | 673,100 |
| Operating Income | -10.2M | -18.6M | 21.4M | 84.5M | 111.0M |
| Operating Margin % | -7.5% | -14.7% | 19.3% | 48.8% | 56.3% |
| Non Operating Income | 73,200 | 14,200 | 7,400 | 99,000 | 19,900 |
| Non Operating Expenses | 173,000 | 257,900 | 14,800 | 3,200 | 611,000 |
| Investment Income | 15.2M | 9.8M | 3.8M | 5.5M | 2.1M |
| Fair Value Change Income | -- | -- | -448,000 | -- | -- |
| Asset Disposal Income | 7,400 | 105,600 | -- | -- | -- |
| Asset Impairment Loss | 416,600 | 21.9M | 6.9M | -189,600 | 190,300 |
| Other Income | 6.3M | 6.4M | 16.2M | 11.7M | 2.0M |
| Income Before Tax | -10.3M | -18.9M | 21.4M | 84.6M | 111.0M |
| Income Tax | -- | 1.5M | -721,500 | 7.2M | 10.5M |
| Net Income | -10.3M | -20.4M | 22.1M | 77.4M | 100.0M |
| Net Margin % | -7.6% | -16.0% | 19.9% | 44.7% | 50.8% |
| Net Income Attributable | -10.3M | -20.4M | 22.1M | 77.4M | 100.0M |
| Eps Basic | -0.11 | -0.31 | 0.39 | 1.63 | 2.22 |
| Eps Diluted | -0.11 | -0.31 | 0.39 | 1.63 | 2.22 |
| 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 | 711.0M | 757.0M | 983.0M | 276.0M | 74.7M |
| Trading Financial Assets | 183.0M | 220.0M | 190.0M | -- | -- |
| Accounts Receivable | 30.8M | 14.0M | 7.4M | 9.9M | 22.3M |
| Notes Receivable | -- | 1.3M | -- | 694,800 | 558,800 |
| Notes And Accounts Receivable | 30.8M | 15.3M | 7.4M | 10.6M | 22.8M |
| Prepayments | 7.6M | 1.1M | 13.3M | 41.6M | 20.9M |
| Inventory | 63.5M | 46.9M | 94.5M | 45.8M | 24.5M |
| Total Current Assets | 1.2B | 1.3B | 1.3B | 376.0M | 147.0M |
| Fixed Assets | -- | 4.1M | 3.0M | -- | 1.4M |
| Fixed Assets Total | 4.7M | 4.1M | 3.0M | 2.5M | 1.4M |
| Construction In Progress | -- | -- | 239,600 | -- | -- |
| Construction In Progress Total | -- | -- | 239,600 | -- | -- |
| Intangible Assets | 22.6M | 1.4M | 2.2M | 948,700 | 432,100 |
| Long Term Deferred Expenses | 976,700 | 606,000 | 249,500 | 267,000 | 300,100 |
| Total Non Current Assets | 203.0M | 9.2M | 10.5M | 7.9M | 2.4M |
| Total Assets | 1.4B | 1.3B | 1.3B | 384.0M | 150.0M |
| Short Term Borrowings | 20.0M | -- | -- | -- | -- |
| Accounts Payable | 15.8M | 1.7M | 908,100 | 2.1M | 2.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 873,200 | 641,900 | 1.5M | 1.5M | 352,700 |
| Total Current Liabilities | 150.0M | 22.6M | 35.2M | 18.7M | 15.9M |
| Total Non Current Liabilities | 12.1M | 316,600 | 1.1M | 1.9M | -- |
| Total Liabilities | 163.0M | 22.9M | 36.2M | 20.6M | 15.9M |
| Paid In Capital | 93.0M | 66.6M | 66.6M | 49.9M | 45.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 224.0M | 76.6M |
| Surplus Reserve | 12.2M | 12.2M | 12.2M | 9.7M | 1.9M |
| Retained Earnings | 58.8M | 69.1M | 99.4M | 79.8M | 10.2M |
| Equity Attributable | 1.3B | 1.3B | 1.3B | 363.0M | 134.0M |
| Total Equity | 1.3B | 1.3B | 1.3B | 363.0M | 134.0M |
| 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 | 143.0M | 132.0M | 141.0M | 207.0M | 206.0M |
| Tax Refunds Received | 3.9M | 5.2M | 6.7M | 11.5M | 17,700 |
| Total Operating Cash Inflow | 159.0M | 162.0M | 162.0M | 223.0M | 210.0M |
| Cash Paid For Goods | 60.3M | 12.0M | 68.6M | 104.0M | 88.8M |
| Cash Paid To Employees | 86.3M | 64.2M | 45.5M | 33.4M | 21.4M |
| Taxes Paid | 5.6M | 2.7M | 15.5M | 23.9M | 32.5M |
| Total Operating Cash Outflow | 169.0M | 125.0M | 146.0M | 169.0M | 152.0M |
| Operating Cash Flow | -10.0M | 36.8M | 15.8M | 54.0M | 57.3M |
| Total Investing Cash Inflow | 1.6B | 593.0M | 797.0M | 727.0M | 738.0M |
| Total Investing Cash Outflow | 1.6B | 824.0M | 1.0B | 724.0M | 702.0M |
| Investing Cash Flow | -79.3M | -231.0M | -220.0M | 2.8M | 35.6M |
| Cash From Borrowings | 20.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 28,200 | 10.0M | -- | -- | -- |
| Total Financing Cash Inflow | 20.0M | -- | 948.0M | 148.0M | 11.9M |
| Total Financing Cash Outflow | 6.8M | 31.6M | 36.4M | 3.4M | 33.3M |
| Financing Cash Flow | 13.2M | -31.6M | 912.0M | 144.0M | -21.3M |
| Net Change In Cash | -76.1M | -226.0M | 707.0M | 201.0M | 71.6M |
| Ending Cash Balance | 681.0M | 757.0M | 983.0M | 276.0M | 74.7M |
| Capex | 8.9M | 4.3M | 3.9M | 2.7M | 1.5M |