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 | 546.0M | 394.0M | 559.0M | 463.0M | 228.0M |
| Revenue Growth % | 38.6% | -29.5% | 20.7% | 103.1% | -- |
| Total Revenue | 546.0M | 394.0M | 559.0M | 463.0M | 228.0M |
| Cost Of Revenue | 376.0M | 249.0M | 278.0M | 213.0M | 120.0M |
| Gross Profit | 170.0M | 145.0M | 281.0M | 250.0M | 108.0M |
| Gross Margin % | 31.1% | 36.8% | 50.3% | 54.0% | 47.4% |
| Total Operating Cost | 859.0M | 638.0M | 587.0M | 450.0M | 379.0M |
| Selling Expenses | 62.7M | 39.9M | 29.8M | 24.3M | 26.5M |
| Admin Expenses | 94.5M | 78.9M | 77.5M | 57.7M | 45.9M |
| Rd Expenses | 253.0M | 237.0M | 202.0M | 150.0M | 181.0M |
| Finance Expenses | -16.0M | -15.7M | -14.8M | 3.6M | 3.9M |
| Operating Income | -299.0M | -225.0M | -20.2M | 23.5M | -145.0M |
| Operating Margin % | -54.8% | -57.1% | -3.6% | 5.1% | -63.6% |
| Non Operating Income | 90,900 | 137.0M | 9,000 | 16,400 | -- |
| Non Operating Expenses | 74,900 | 236,100 | 723,600 | 1,300 | 12,800 |
| Investment Income | 9.9M | 12.7M | 1.8M | 7.1M | 2.6M |
| Fair Value Change Income | 656,500 | 2.4M | 3.6M | -519,500 | 1.3M |
| Asset Disposal Income | -44,400 | -46,200 | -- | -- | -- |
| Asset Impairment Loss | 86.7M | 46.6M | 13.7M | 1.3M | 1.0M |
| Other Income | 4.3M | 4.3M | 1.9M | 3.8M | 1.8M |
| Income Before Tax | -299.0M | -87.6M | -20.9M | 23.5M | -145.0M |
| Income Tax | -3.3M | -33.4M | -5.7M | -2.1M | -- |
| Net Income | -295.0M | -54.2M | -15.2M | 25.6M | -145.0M |
| Net Margin % | -54.0% | -13.8% | -2.7% | 5.5% | -63.6% |
| Net Income Attributable | -291.0M | -54.2M | -15.2M | 25.6M | -145.0M |
| Minority Interest | -4.8M | -- | -- | -- | -- |
| Eps Basic | -0.74 | -0.13 | -0.04 | 0.07 | -0.40 |
| Eps Diluted | -0.74 | -0.13 | -0.04 | 0.07 | -0.40 |
| 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 | 909.0M | 621.0M | 1.1B | 35.7M | 56.7M |
| Trading Financial Assets | 16.8M | 395.0M | 456.0M | 315.0M | 321.0M |
| Accounts Receivable | 150.0M | 84.8M | 34.6M | 36.0M | 56.8M |
| Notes And Accounts Receivable | 150.0M | 84.8M | 34.6M | 36.0M | 56.8M |
| Prepayments | 13.2M | 18.1M | 10.5M | 25.6M | 25.1M |
| Inventory | 139.0M | 204.0M | 187.0M | 95.0M | 19.2M |
| Total Current Assets | 1.3B | 1.6B | 1.8B | 577.0M | 482.0M |
| Long Term Equity Investment | -- | -- | 14.6M | -- | -- |
| Fixed Assets | -- | 12.0M | 13.1M | 13.9M | 6.0M |
| Fixed Assets Total | 56.7M | 12.0M | 13.1M | 13.9M | 6.0M |
| Construction In Progress | -- | 4.9M | -- | -- | -- |
| Construction In Progress Total | 47.3M | 4.9M | -- | -- | -- |
| Intangible Assets | 225.0M | 167.0M | 46.9M | 23.0M | 11.5M |
| Long Term Deferred Expenses | 1.1M | 1.6M | 1.7M | 3.1M | 1.6M |
| Total Non Current Assets | 527.0M | 399.0M | 132.0M | 62.4M | 20.1M |
| Total Assets | 1.8B | 2.0B | 1.9B | 639.0M | 502.0M |
| Short Term Borrowings | 22.2M | 326,100 | 139,300 | 137,700 | 119,600 |
| Accounts Payable | 79.7M | 93.7M | 17.7M | 24.0M | 3.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.2M | 919,000 | 337,300 | -- | 1,400 |
| Total Current Liabilities | 208.0M | 177.0M | 122.0M | 99.2M | 42.4M |
| Total Non Current Liabilities | 33.4M | 4.1M | 30.4M | 58.0M | 50.9M |
| Total Liabilities | 242.0M | 181.0M | 153.0M | 157.0M | 93.3M |
| Paid In Capital | 410.0M | 411.0M | 405.0M | 360.0M | 360.0M |
| Capital Reserve | 1.5B | 1.5B | 1.4B | 174.0M | 125.0M |
| Surplus Reserve | 3.8M | 3.8M | 1.9M | 1.6M | -- |
| Retained Earnings | -362.0M | -70.8M | -63.9M | -48.5M | -72.5M |
| Minority Equity | 89.8M | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.8B | 1.8B | 482.0M | 409.0M |
| Total Equity | 1.6B | 1.8B | 1.8B | 482.0M | 409.0M |
| 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 | 500.0M | 369.0M | 573.0M | 493.0M | 213.0M |
| Tax Refunds Received | 14.9M | 285,900 | -- | -- | -- |
| Total Operating Cash Inflow | 1.0B | 616.0M | 591.0M | 499.0M | 215.0M |
| Cash Paid For Goods | 416.0M | 303.0M | 376.0M | 272.0M | 131.0M |
| Cash Paid To Employees | 258.0M | 284.0M | 183.0M | 112.0M | 65.9M |
| Taxes Paid | 16.2M | 15.2M | 14.8M | 2.8M | 44,500 |
| Total Operating Cash Outflow | 1.2B | 861.0M | 642.0M | 445.0M | 235.0M |
| Operating Cash Flow | -218.0M | -245.0M | -50.9M | 53.5M | -20.0M |
| Total Investing Cash Inflow | 1.5B | 2.3B | 919.0M | 365.0M | 480.0M |
| Total Investing Cash Outflow | 933.0M | 2.7B | 1.1B | 430.0M | 716.0M |
| Investing Cash Flow | 581.0M | -422.0M | -152.0M | -64.9M | -236.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 252,600 | -- | -- | -- | 1.0M |
| Debt Repayments | -- | -- | -- | -- | 46.2M |
| Total Financing Cash Inflow | 1.9M | 42.5M | 1.3B | 6.6M | 341.0M |
| Total Financing Cash Outflow | 38.9M | 24.5M | 19.0M | 15.2M | 49.3M |
| Financing Cash Flow | -37.0M | 18.0M | 1.3B | -8.6M | 292.0M |
| Net Change In Cash | 330.0M | -639.0M | 1.1B | -21.0M | 32.2M |
| Ending Cash Balance | 794.0M | 464.0M | 1.1B | 35.7M | 56.7M |
| Capex | 69.9M | 158.0M | 53.0M | 25.8M | 9.2M |