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 |
|---|---|---|---|---|---|---|---|
| Revenue | 286.0M | 163.0M | 400.0M | 338.0M | 231.0M | 141.0M | 79.7M |
| Revenue Growth % | 75.5% | -59.2% | 18.3% | 46.3% | 63.8% | 77.0% | -- |
| Total Revenue | 286.0M | 163.0M | 400.0M | 338.0M | 231.0M | 141.0M | 79.7M |
| Cost Of Revenue | 83.5M | 57.5M | 119.0M | 114.0M | 67.2M | 30.0M | 22.2M |
| Gross Profit | 202.5M | 105.5M | 281.0M | 224.0M | 163.8M | 111.0M | 57.5M |
| Gross Margin % | 70.8% | 64.7% | 70.2% | 66.3% | 70.9% | 78.7% | 72.2% |
| Total Operating Cost | 320.0M | 256.0M | 302.0M | 261.0M | 178.0M | 148.0M | 86.1M |
| Selling Expenses | 79.1M | 67.7M | 68.4M | 47.7M | 36.0M | 38.9M | 21.5M |
| Admin Expenses | 37.0M | 29.5M | 28.6M | 25.6M | 18.1M | 15.8M | 11.7M |
| Rd Expenses | 78.5M | 81.6M | 64.7M | 60.2M | 50.1M | 57.3M | 27.6M |
| Finance Expenses | -3.0M | -533,500 | 570,100 | 4.2M | 3.8M | 981,700 | 845,000 |
| Operating Income | 3.9M | -55.8M | 136.0M | 118.0M | 101.0M | 21.3M | 11.4M |
| Operating Margin % | 1.3% | -34.2% | 34.0% | 34.9% | 43.7% | 15.1% | 14.4% |
| Non Operating Income | 6,300 | 10.5M | 3.7M | 2.0M | 210,000 | 1.5M | 85,500 |
| Non Operating Expenses | 3.2M | 3.0M | 35,200 | 2,700 | 1.3M | -- | 300.00 |
| Investment Income | 18.9M | 13.9M | 6.1M | 6.7M | 3.7M | 1.3M | 1.5M |
| Fair Value Change Income | 783,700 | 2.5M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 110,800 | 365,300 | 23,500 | -33,400 | -- | -- | -- |
| Asset Impairment Loss | 3.1M | 4.2M | 1.1M | 912,900 | 1.2M | -- | 1.2M |
| Other Income | 17.4M | 20.1M | 31.0M | 34.7M | 44.4M | 26.3M | 16.3M |
| Income Before Tax | 663,900 | -48.2M | 139.0M | 120.0M | 99.8M | 22.8M | 11.5M |
| Income Tax | -7.0M | -18.1M | 10.4M | 8.5M | 932,600 | 2.5M | 544,300 |
| Net Income | 7.7M | -30.1M | 129.0M | 112.0M | 98.9M | 20.3M | 11.0M |
| Net Margin % | 2.7% | -18.5% | 32.2% | 33.1% | 42.8% | 14.4% | 13.8% |
| Net Income Attributable | 7.9M | -30.1M | 129.0M | 112.0M | 98.9M | 20.3M | 11.0M |
| Minority Interest | -244,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.10 | -0.38 | 1.90 | 2.81 | 2.97 | 0.72 | -- |
| Eps Diluted | 0.10 | -0.38 | 1.90 | 2.81 | 2.97 | 0.72 | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 200.0M | 255.0M | 662.0M | 54.1M | 17.4M | 38.1M | 2.5M |
| Trading Financial Assets | 629.0M | 567.0M | 342.0M | 181.0M | 243.0M | 49.0M | -- |
| Accounts Receivable | 329.0M | 317.0M | 356.0M | 137.0M | 49.7M | 77.5M | 28.0M |
| Notes Receivable | 3.5M | 720,400 | 8.1M | 5.6M | 3.9M | 3.1M | 1.7M |
| Notes And Accounts Receivable | 333.0M | 318.0M | 364.0M | 143.0M | 53.6M | 80.6M | 29.6M |
| Prepayments | 2.8M | 6.1M | 2.3M | 4.6M | 3.9M | 3.5M | 738,700 |
| Inventory | 65.4M | 76.8M | 40.6M | 66.3M | 74.8M | 17.6M | 9.3M |
| Total Current Assets | 1.3B | 1.3B | 1.4B | 458.0M | 401.0M | 192.0M | 88.4M |
| Long Term Equity Investment | 15.2M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 9.1M | -- | 7.1M | 6.0M | 5.0M | 3.4M |
| Fixed Assets Total | 6.7M | 9.1M | 6.6M | 7.1M | 6.0M | 5.0M | 3.4M |
| Intangible Assets | 1.2M | 1.3M | 924,200 | 624,900 | 546,100 | 71,800 | 25,600 |
| Long Term Deferred Expenses | 4.0M | 3.6M | 724,600 | 1.3M | 1.9M | 2.0M | 898,200 |
| Total Non Current Assets | 163.0M | 125.0M | 47.5M | 43.4M | 9.3M | 8.4M | 5.2M |
| Total Assets | 1.4B | 1.4B | 1.5B | 502.0M | 411.0M | 200.0M | 93.6M |
| Short Term Borrowings | -- | -- | -- | -- | 10.0M | -- | 5.0M |
| Accounts Payable | 35.4M | 39.9M | 20.6M | 22.7M | 24.1M | 10.8M | 4.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 19.6M | 15.4M |
| Contract Liabilities | 26.9M | 35.2M | 30.2M | 27.2M | 49.2M | -- | -- |
| Total Current Liabilities | 119.0M | 123.0M | 118.0M | 108.0M | 212.0M | 70.0M | 56.3M |
| Total Non Current Liabilities | 55.0M | 42.3M | 26.5M | 33.6M | 10.4M | 14.6M | 14.3M |
| Total Liabilities | 174.0M | 166.0M | 145.0M | 141.0M | 222.0M | 84.6M | 70.6M |
| Paid In Capital | 78.7M | 78.7M | 52.8M | 39.6M | 39.6M | 32.7M | 27.6M |
| Capital Reserve | 922.0M | 916.0M | 942.0M | 122.0M | 135.0M | 44.8M | 10.8M |
| Surplus Reserve | 32.0M | 30.2M | 30.2M | 23.5M | 12.2M | 4.0M | 2.1M |
| Retained Earnings | 247.0M | 241.0M | 297.0M | 175.0M | 86.4M | 46.9M | -4.5M |
| Minority Equity | 5,300 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.3B | 1.3B | 360.0M | 189.0M | 115.0M | 23.0M |
| Total Equity | 1.2B | 1.3B | 1.3B | 360.0M | 189.0M | 115.0M | 23.0M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 246.0M | 212.0M | 214.0M | 257.0M | 329.0M | 117.0M | 83.4M |
| Tax Refunds Received | 9.0M | 8.9M | 21.7M | 13.9M | 21.1M | 9.3M | 2.3M |
| Total Operating Cash Inflow | 262.0M | 253.0M | 250.0M | 291.0M | 369.0M | 146.0M | 115.0M |
| Cash Paid For Goods | 47.0M | 65.8M | 90.9M | 117.0M | 119.0M | 46.2M | 26.3M |
| Cash Paid To Employees | 158.0M | 155.0M | 130.0M | 96.6M | 62.7M | 50.4M | 31.2M |
| Taxes Paid | 24.2M | 30.4M | 46.8M | 26.5M | 33.2M | 12.8M | 10.1M |
| Total Operating Cash Outflow | 270.0M | 294.0M | 297.0M | 268.0M | 250.0M | 137.0M | 87.9M |
| Operating Cash Flow | -7.5M | -41.3M | -46.5M | 23.4M | 119.0M | 8.8M | 26.8M |
| Total Investing Cash Inflow | 4.7B | 2.7B | 1.3B | 1.2B | 668.0M | 222.0M | 217.0M |
| Total Investing Cash Outflow | 4.6B | 3.0B | 1.5B | 1.2B | 848.0M | 246.0M | 230.0M |
| Investing Cash Flow | 61.4M | -370.0M | -199.0M | 43.6M | -180.0M | -24.8M | -13.3M |
| Cash From Borrowings | -- | -- | 10.0M | 1.6M | 10.0M | -- | 5.0M |
| Dividends And Interest Paid | 24,200 | 25.9M | 367,900 | 10.0M | 6.1M | 5.2M | 45,700 |
| Debt Repayments | -- | -- | 10.0M | 11.6M | -- | 5.0M | -- |
| Total Financing Cash Inflow | 251,000 | 20,600 | 865.0M | 1.6M | 90.7M | 45.8M | 5.0M |
| Total Financing Cash Outflow | 47.0M | 35.4M | 43.3M | 51.9M | 34.8M | 10.2M | 23.9M |
| Financing Cash Flow | -46.7M | -35.4M | 822.0M | -50.3M | 55.9M | 35.6M | -18.9M |
| Net Change In Cash | 7.2M | -446.0M | 577.0M | 16.7M | -4.5M | 19.6M | -5.4M |
| Ending Cash Balance | 171.0M | 164.0M | 611.0M | 34.1M | 17.4M | 21.9M | 2.3M |
| Capex | 4.8M | 10.9M | 3.7M | 5.1M | 5.4M | 5.8M | 4.1M |