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 | 360.0M | 91.3M | 0.00 | 10.3M | 27.8M | 41.0M | 39.4M |
| Revenue Growth % | 294.4% | -- | -100.0% | -62.9% | -32.3% | 4.1% | -- |
| Total Revenue | 360.0M | 91.3M | 0.00 | 10.3M | 27.8M | 41.0M | 39.4M |
| Cost Of Revenue | 9.3M | 3.2M | -- | 9.0M | 24.3M | 35.8M | 34.1M |
| Gross Profit | 350.7M | 88.1M | -- | 1.3M | 3.5M | 5.2M | 5.3M |
| Gross Margin % | 97.4% | 96.5% | -- | 12.4% | 12.5% | 12.7% | 13.4% |
| Total Operating Cost | 1.4B | 1.3B | 785.0M | 692.0M | 820.0M | 490.0M | 263.0M |
| Selling Expenses | 445.0M | 210.0M | 23.0M | -- | -- | -- | -- |
| Admin Expenses | 153.0M | 227.0M | 105.0M | 88.0M | 327.0M | 34.4M | 20.1M |
| Rd Expenses | 724.0M | 806.0M | 665.0M | 588.0M | 439.0M | 421.0M | 210.0M |
| Finance Expenses | 23.0M | 5.4M | -8.2M | 7.3M | 27.4M | -2.0M | -1.7M |
| Operating Income | -941.0M | -1.1B | -736.0M | -670.0M | -587.0M | -446.0M | -174.0M |
| Operating Margin % | -261.4% | -1213.7% | -- | -6514.1% | -2114.5% | -1087.3% | -441.4% |
| Non Operating Income | 1.7M | -- | -- | -- | -- | -- | -- |
| Non Operating Expenses | 3,300 | -- | -- | -- | -- | -- | -- |
| Investment Income | -- | -- | -- | 1.4M | 2.4M | 2.1M | 12.1M |
| Fair Value Change Income | 14.5M | 22.5M | 42.2M | 973,700 | 292,500 | 446,900 | 943,800 |
| Asset Disposal Income | -- | -8,400 | 17,600 | -- | 199.0M | -- | -- |
| Other Income | 41.1M | 31.6M | 7.2M | 10.0M | 3.8M | 548,200 | 37.1M |
| Income Before Tax | -940.0M | -1.1B | -736.0M | -670.0M | -587.0M | -446.0M | -174.0M |
| Income Tax | 3,852 | 101,300 | 260,600 | -- | 28,400 | 2,653 | 210.66 |
| Net Income | -940.0M | -1.1B | -736.0M | -670.0M | -587.0M | -446.0M | -174.0M |
| Net Margin % | -261.1% | -1213.7% | -- | -6514.1% | -2114.5% | -1087.3% | -441.4% |
| Net Income Attributable | -846.0M | -1.1B | -736.0M | -670.0M | -587.0M | -446.0M | -174.0M |
| Minority Interest | -93.7M | -- | -- | -- | -- | -- | -- |
| Eps Basic | -2.04 | -2.72 | -1.82 | -1.86 | -1.63 | -- | -- |
| Eps Diluted | -2.04 | -2.72 | -1.82 | -1.86 | -1.63 | -- | -- |
| 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 | 250.0M | 74.2M | 122.0M | 364.0M | 509.0M | 207.0M | 30.3M |
| Trading Financial Assets | 590.0M | 674.0M | 1.3B | 1.7B | 90.3M | 12.4M | 212.0M |
| Accounts Receivable | 27.5M | 48.0M | -- | 7.6M | 6.9M | 10.0M | 21.8M |
| Notes And Accounts Receivable | 27.5M | 48.0M | -- | 7.6M | 6.9M | 10.0M | 21.8M |
| Prepayments | 61.3M | 53.1M | 42.3M | 28.1M | 18.2M | 14.6M | 5.3M |
| Inventory | 44.1M | 23.5M | 5.1M | -- | -- | -- | -- |
| Total Current Assets | 999.0M | 910.0M | 1.5B | 2.1B | 625.0M | 244.0M | 270.0M |
| Fixed Assets | -- | 22.1M | 12.3M | 13.0M | 15.0M | 15.5M | 6.9M |
| Fixed Assets Total | 20.4M | 22.1M | 12.3M | 13.0M | 15.0M | 15.5M | 6.9M |
| Construction In Progress | -- | 13.3M | 8.9M | 5.0M | 148,900 | 1.8M | 1.6M |
| Construction In Progress Total | 170.0M | 13.3M | 8.9M | 5.0M | 148,900 | 1.8M | 1.6M |
| Intangible Assets | 430.0M | 462.0M | 492.0M | 475.0M | 506.0M | 327.0M | 345.0M |
| Long Term Deferred Expenses | 8.6M | 17.0M | 8.0M | 4.5M | 3.5M | 68,300 | 85,800 |
| Total Non Current Assets | 720.0M | 586.0M | 609.0M | 633.0M | 557.0M | 383.0M | 370.0M |
| Total Assets | 1.7B | 1.5B | 2.1B | 2.7B | 1.2B | 627.0M | 640.0M |
| Short Term Borrowings | 374.0M | 200.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 139.0M | 109.0M | 153.0M | 132.0M | 65.1M | 128.0M | 57.8M |
| Contract Liabilities | 2.9M | 981,800 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 785.0M | 448.0M | 248.0M | 212.0M | 103.0M | 177.0M | 96.3M |
| Long Term Borrowings | 684.0M | 138.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 734.0M | 199.0M | 74.9M | 70.9M | -- | -- | -- |
| Total Liabilities | 1.5B | 648.0M | 323.0M | 283.0M | 103.0M | 177.0M | 96.3M |
| Paid In Capital | 418.0M | 408.0M | 407.0M | 404.0M | 360.0M | 1.1B | 743.0M |
| Capital Reserve | 3.1B | 3.0B | 2.8B | 2.7B | 719.0M | 121,300 | 121,300 |
| Retained Earnings | -3.4B | -2.5B | -1.4B | -670.0M | 27,400 | -645.0M | -199.0M |
| Minority Equity | 6.3M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 194.0M | 849.0M | 1.8B | 2.5B | 1.1B | 450.0M | 544.0M |
| Total Equity | 200.0M | 849.0M | 1.8B | 2.5B | 1.1B | 450.0M | 544.0M |
| 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 | 437.0M | 55.8M | 7.6M | 10.3M | 32.7M | 55.0M | 21.7M |
| Tax Refunds Received | -- | 10.7M | 72.6M | 28.0M | 24.0M | -- | -- |
| Total Operating Cash Inflow | 485.0M | 103.0M | 101.0M | 50.5M | 62.0M | 56.3M | 59.1M |
| Cash Paid For Goods | 440.0M | 623.0M | 444.0M | 348.0M | 290.0M | 282.0M | 118.0M |
| Cash Paid To Employees | 478.0M | 329.0M | 199.0M | 143.0M | 101.0M | 83.0M | 46.8M |
| Taxes Paid | 20.7M | 5.5M | 3.9M | 2.8M | 2.1M | 751,000 | 813,000 |
| Total Operating Cash Outflow | 1.1B | 1.1B | 704.0M | 543.0M | 472.0M | 422.0M | 196.0M |
| Operating Cash Flow | -651.0M | -968.0M | -603.0M | -492.0M | -410.0M | -366.0M | -136.0M |
| Total Investing Cash Inflow | 4.0B | 4.4B | 8.3B | 408.0M | 908.0M | 675.0M | 879.0M |
| Total Investing Cash Outflow | 4.1B | 3.8B | 7.9B | 2.0B | 993.0M | 487.0M | 740.0M |
| Investing Cash Flow | -38.1M | 611.0M | 385.0M | -1.6B | -85.0M | 189.0M | 139.0M |
| Cash From Borrowings | 963.0M | 338.0M | -- | 19.5M | -- | -- | -- |
| Dividends And Interest Paid | 20.6M | 3.4M | -- | 52,200 | -- | -- | -- |
| Debt Repayments | 204.0M | -- | -- | 19.5M | -- | -- | -- |
| Total Financing Cash Inflow | 1.1B | 340.0M | 3.8M | 2.0B | 815.0M | 353.0M | -- |
| Total Financing Cash Outflow | 255.0M | 32.1M | 37.0M | 60.0M | -- | -- | -- |
| Financing Cash Flow | 867.0M | 308.0M | -33.3M | 2.0B | 815.0M | 353.0M | -- |
| Net Change In Cash | 176.0M | -47.5M | -243.0M | -145.0M | 302.0M | 177.0M | 3.5M |
| Ending Cash Balance | 250.0M | 73.9M | 121.0M | 364.0M | 509.0M | 207.0M | 30.0M |
| Capex | 138.0M | 32.1M | 73.8M | 9.0M | 212.0M | 13.8M | 12.2M |