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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 743.0M | 705.0M | 455.0M | 837.0M | 185.0M | 700,000 | 0.00 | 2.0M | 2.8M |
| Revenue Growth % | 5.4% | 54.9% | -45.6% | 352.4% | 26328.6% | -- | -100.0% | -27.3% | -- |
| Total Revenue | 743.0M | 705.0M | 455.0M | 837.0M | 185.0M | 700,000 | 0.00 | 2.0M | 2.8M |
| Cost Of Revenue | 230.0M | 193.0M | 191.0M | 35.6M | 19.9M | 127,800 | -- | 722,700 | 1.9M |
| Gross Profit | 513.0M | 512.0M | 264.0M | 801.4M | 165.1M | 572,200 | -- | 1.3M | 842,000 |
| Gross Margin % | 69.0% | 72.6% | 58.0% | 95.7% | 89.2% | 81.7% | -- | 64.0% | 30.5% |
| Total Operating Cost | 1.3B | 1.2B | 978.0M | 792.0M | 745.0M | 1.0B | 568.0M | 251.0M | 144.0M |
| Selling Expenses | 236.0M | 169.0M | 144.0M | 173.0M | 108.0M | 15.4M | -- | -- | -- |
| Admin Expenses | 34.0M | 32.3M | 30.0M | 42.5M | 55.7M | 386.0M | 26.2M | 11.8M | 12.2M |
| Rd Expenses | 778.0M | 769.0M | 616.0M | 543.0M | 563.0M | 637.0M | 542.0M | 237.0M | 132.0M |
| Finance Expenses | 16.4M | 6.4M | -6.5M | -6.3M | -2.7M | -981,300 | 27,800 | 291,000 | -1.1M |
| Operating Income | -508.0M | -390.0M | -463.0M | 117.0M | -514.0M | -1.0B | -553.0M | -236.0M | -142.0M |
| Operating Margin % | -68.4% | -55.3% | -101.8% | 14.0% | -277.8% | -146285.7% | -- | -11747.7% | -5138.0% |
| Non Operating Income | 196,700 | 150,600 | 60,800 | 543,700 | 9.5M | 1.6M | 345,300 | -- | 5.4M |
| Non Operating Expenses | 2.2M | 4.9M | 17.7M | 26.4M | 9.1M | 296,700 | 129,700 | 2,500 | 50,800 |
| Investment Income | 1.2M | 3.9M | 10.5M | 15.7M | 11.9M | -- | -- | 4.4M | -- |
| Fair Value Change Income | 3.4M | 7.0M | 14.5M | 11.9M | 18.8M | -- | -- | -- | -- |
| Asset Disposal Income | -11,200 | 33,500 | 4,500 | -15,700 | -173,600 | -89,200 | -104,000 | -26,800 | -244,600 |
| Asset Impairment Loss | 162,600 | 1.4M | 466,700 | 300,100 | -- | -- | -523,400 | 466,300 | -857,600 |
| Other Income | 42.6M | 70.8M | 34.8M | 44.3M | 16.0M | 13.2M | 14.9M | 8.7M | -- |
| Income Before Tax | -510.0M | -394.0M | -480.0M | 91.0M | -513.0M | -1.0B | -553.0M | -236.0M | -137.0M |
| Income Tax | -- | 107,700 | 2,125 | 9.1M | -- | -- | -- | -- | -- |
| Net Income | -510.0M | -395.0M | -480.0M | 81.9M | -513.0M | -1.0B | -553.0M | -236.0M | -137.0M |
| Net Margin % | -68.6% | -56.0% | -105.5% | 9.8% | -277.3% | -146142.9% | -- | -11747.7% | -4957.1% |
| Net Income Attributable | -510.0M | -395.0M | -480.0M | 81.9M | -513.0M | -1.0B | -553.0M | -236.0M | -137.0M |
| Eps Basic | -1.23 | -0.95 | -1.16 | 0.20 | -1.27 | -2.96 | -- | -- | -- |
| Eps Diluted | -1.23 | -0.95 | -1.16 | 0.20 | -1.27 | -2.96 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 290.0M | 164.0M | 166.0M | 847.0M | 284.0M | 39.1M | 112.0M | 33.4M | 8.4M |
| Trading Financial Assets | 90.2M | 331.0M | 630.0M | 603.0M | 956.0M | -- | -- | -- | -- |
| Accounts Receivable | 104.0M | 149.0M | 89.8M | 103.0M | 55.4M | -- | -- | -- | -- |
| Notes Receivable | 4.1M | -- | -- | -- | 85,600 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 108.0M | 149.0M | 89.8M | 103.0M | 55.5M | -- | -- | -- | -- |
| Prepayments | 46.2M | 73.2M | 90.7M | 74.7M | 69.6M | 67.5M | 67.3M | 68.5M | 9.5M |
| Inventory | 253.0M | 231.0M | 162.0M | 90.1M | 45.9M | 43.6M | 36.7M | 7.9M | 2.1M |
| Total Current Assets | 888.0M | 1.0B | 1.2B | 1.8B | 1.5B | 178.0M | 217.0M | 121.0M | 332.0M |
| Fixed Assets | -- | 506.0M | 532.0M | 482.0M | 373.0M | 308.0M | 348.0M | -- | -- |
| Fixed Assets Total | 485.0M | 506.0M | 532.0M | 482.0M | 373.0M | 308.0M | 348.0M | 359.0M | 76.7M |
| Construction In Progress | -- | 505.0M | 156.0M | 95.0M | 208.0M | 117.0M | 69.7M | -- | -- |
| Construction In Progress Total | 581.0M | 505.0M | 156.0M | 95.0M | 208.0M | 117.0M | 69.7M | 68.2M | 223.0M |
| Intangible Assets | 224.0M | 230.0M | 234.0M | 239.0M | 245.0M | 249.0M | 253.0M | 23.0M | 23.5M |
| Long Term Deferred Expenses | 3.5M | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 1.3B | 1.0B | 847.0M | 926.0M | 837.0M | 803.0M | 498.0M | 376.0M |
| Total Assets | 2.2B | 2.3B | 2.2B | 2.6B | 2.4B | 1.0B | 1.0B | 619.0M | 708.0M |
| Short Term Borrowings | 88.7M | 105.0M | 7,500 | 30.1M | 7,100 | 102.0M | -- | -- | -- |
| Accounts Payable | 199.0M | 171.0M | 83.8M | 45.7M | 84.8M | 153.0M | 99.1M | 111.0M | 116.0M |
| Advance Receipts | -- | -- | -- | -- | 5.8M | 6.8M | 5.8M | 5.8M | 6.1M |
| Contract Liabilities | 517.0M | 289.0M | 305.0M | 295.0M | 137.0M | -- | -- | -- | -- |
| Total Current Liabilities | 1.1B | 725.0M | 539.0M | 526.0M | 385.0M | 380.0M | 213.0M | 271.0M | 173.0M |
| Long Term Borrowings | 370.0M | 324.0M | 3.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 402.0M | 349.0M | 34.0M | 4.2M | 2.2M | 3.2M | 6.2M | 418,900 | 535,700 |
| Total Liabilities | 1.5B | 1.1B | 572.0M | 530.0M | 388.0M | 384.0M | 219.0M | 271.0M | 174.0M |
| Paid In Capital | 414.0M | 414.0M | 414.0M | 414.0M | 414.0M | 354.0M | 122.0M | 105.0M | 105.0M |
| Capital Reserve | 3.1B | 3.1B | 3.1B | 3.1B | 3.1B | 1.2B | 1.7B | 742.0M | 693.0M |
| Retained Earnings | -2.8B | -2.3B | -1.9B | -1.4B | -1.5B | -950.0M | -1.1B | -500.0M | -264.0M |
| Equity Attributable | 708.0M | 1.2B | 1.6B | 2.1B | 2.0B | 631.0M | 801.0M | 348.0M | 534.0M |
| Total Equity | 708.0M | 1.2B | 1.6B | 2.1B | 2.0B | 631.0M | 801.0M | 348.0M | 534.0M |
| 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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.1B | 651.0M | 525.0M | 1.0B | 299.0M | 1.7M | -- | 2.0M | 22.2M |
| Tax Refunds Received | 2.2M | 43.0M | 41.5M | 26.9M | 29.2M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.1B | 731.0M | 611.0M | 1.1B | 362.0M | 23.0M | 32.9M | 41.3M | 31.3M |
| Cash Paid For Goods | 29.8M | 56.1M | 104.0M | 13.4M | 7.3M | 2.6M | -- | 257,300 | 867,500 |
| Cash Paid To Employees | 302.0M | 316.0M | 292.0M | 222.0M | 155.0M | 107.0M | 73.0M | 45.3M | 26.2M |
| Taxes Paid | 22.1M | 19.1M | 7.1M | 2.5M | 3.6M | 1.4M | 1.2M | 69,500 | 292,900 |
| Total Operating Cash Outflow | 1.2B | 1.2B | 1.0B | 851.0M | 720.0M | 621.0M | 561.0M | 278.0M | 147.0M |
| Operating Cash Flow | -55.7M | -461.0M | -413.0M | 236.0M | -358.0M | -598.0M | -528.0M | -237.0M | -116.0M |
| Total Investing Cash Inflow | 1.1B | 1.8B | 4.0B | 3.8B | 1.5B | -- | 12.2M | 15.3M | 265,000 |
| Total Investing Cash Outflow | 987.0M | 1.8B | 4.3B | 3.5B | 2.7B | 74.8M | 352.0M | 161.0M | 119.0M |
| Investing Cash Flow | 119.0M | 37.6M | -246.0M | 302.0M | -1.2B | -74.8M | -339.0M | -146.0M | -119.0M |
| Cash From Borrowings | 379.0M | 442.0M | 3.0M | 30.0M | 72.7M | 101.0M | -- | -- | -- |
| Dividends And Interest Paid | 20.6M | 9.3M | 164,500 | 553,000 | 3.9M | 620,600 | -- | -- | -- |
| Debt Repayments | 274.0M | 31.2M | 30.0M | -- | 174.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 386.0M | 442.0M | 3.0M | 30.0M | 2.0B | 765.0M | 2.1B | 127.0M | 1.2B |
| Total Financing Cash Outflow | 298.0M | 46.7M | 33.2M | 3.5M | 183.0M | 166.0M | 1.2B | 28.4M | 634.0M |
| Financing Cash Flow | 87.3M | 395.0M | -30.2M | 26.5M | 1.8B | 599.0M | 933.0M | 99.0M | 547.0M |
| Net Change In Cash | 151.0M | -27.6M | -688.0M | 564.0M | 244.0M | -73.5M | 65.4M | -283.0M | 311.0M |
| Ending Cash Balance | 269.0M | 118.0M | 145.0M | 833.0M | 270.0M | 25.4M | 98.8M | 33.4M | 317.0M |
| Capex | 127.0M | 262.0M | 259.0M | 77.9M | 253.0M | 74.8M | 318.0M | 161.0M | 119.0M |