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 | 502.0M | 371.0M | 295.0M | 252.0M | 182.0M |
| Revenue Growth % | 35.3% | 25.8% | 17.1% | 38.5% | -- |
| Total Revenue | 502.0M | 371.0M | 295.0M | 252.0M | 182.0M |
| Cost Of Revenue | 58.5M | 37.6M | 31.4M | 29.6M | 20.2M |
| Gross Profit | 443.5M | 333.4M | 263.6M | 222.4M | 161.8M |
| Gross Margin % | 88.3% | 89.9% | 89.4% | 88.3% | 88.9% |
| Total Operating Cost | 365.0M | 272.0M | 213.0M | 220.0M | 134.0M |
| Selling Expenses | 122.0M | 101.0M | 100.0M | 110.0M | 66.2M |
| Admin Expenses | 33.0M | 31.2M | 23.7M | 20.8M | 17.2M |
| Rd Expenses | 151.0M | 98.8M | 55.1M | 58.9M | 28.8M |
| Finance Expenses | -6.8M | -70,400 | -971,800 | -1.4M | -1.1M |
| Operating Income | 153.0M | 121.0M | 107.0M | 52.6M | 67.2M |
| Operating Margin % | 30.5% | 32.6% | 36.3% | 20.9% | 36.9% |
| Non Operating Income | 47,100 | 307,000 | 18,000 | 106,500 | 4,300 |
| Non Operating Expenses | 2.5M | 1.1M | 1.3M | 3.0M | 903,000 |
| Investment Income | 10.0M | 16.9M | 21.4M | 14.9M | 18.5M |
| Fair Value Change Income | 742,300 | 999,400 | 888,900 | 968,000 | 335,900 |
| Asset Disposal Income | 400.00 | 56,600 | 12,700 | 8,900 | 7,100 |
| Asset Impairment Loss | -- | -- | -- | -- | -- |
| Other Income | 5.3M | 4.2M | 2.7M | 5.2M | 330,600 |
| Income Before Tax | 151.0M | 120.0M | 106.0M | 49.8M | 66.3M |
| Income Tax | 18.6M | 10.6M | 11.7M | -1.5M | 10.4M |
| Net Income | 132.0M | 109.0M | 94.4M | 51.3M | 55.9M |
| Net Margin % | 26.3% | 29.4% | 32.0% | 20.3% | 30.7% |
| Net Income Attributable | 146.0M | 115.0M | 95.1M | 51.2M | 56.5M |
| Minority Interest | -14.2M | -5.8M | -732,800 | 64,900 | -606,600 |
| Eps Basic | 1.07 | 0.85 | 0.70 | 0.38 | 0.59 |
| Eps Diluted | 1.07 | 0.84 | 0.70 | 0.38 | 0.59 |
| 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 | 56.0M | 295.0M | 128.0M | 157.0M | 150.0M |
| Trading Financial Assets | 178.0M | 107.0M | 485.0M | 616.0M | 612.0M |
| Accounts Receivable | 122.0M | 83.5M | 58.0M | 40.4M | 28.0M |
| Notes Receivable | 11.9M | 2.5M | 1.6M | -- | -- |
| Notes And Accounts Receivable | 133.0M | 86.0M | 59.6M | 40.4M | 28.0M |
| Prepayments | 26.5M | 16.3M | 15.6M | 6.5M | 673,400 |
| Inventory | 52.7M | 34.9M | 31.5M | 22.0M | 16.3M |
| Total Current Assets | 591.0M | 679.0M | 724.0M | 853.0M | 808.0M |
| Fixed Assets | -- | 75.9M | 49.2M | 41.0M | 39.4M |
| Fixed Assets Total | 336.0M | 75.9M | 49.2M | 41.0M | 39.4M |
| Construction In Progress | -- | 190.0M | 141.0M | 47.0M | 7.0M |
| Construction In Progress Total | 87.7M | 190.0M | 141.0M | 47.0M | 7.0M |
| Intangible Assets | 112.0M | 92.8M | 45.0M | 43.2M | 8.8M |
| Long Term Deferred Expenses | 18.9M | 928,500 | 1.5M | 2.0M | 2.0M |
| Total Non Current Assets | 840.0M | 648.0M | 456.0M | 178.0M | 63.7M |
| Total Assets | 1.4B | 1.3B | 1.2B | 1.0B | 871.0M |
| Accounts Payable | 66.5M | 51.5M | 38.8M | 15.3M | 10.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.3M | 456,700 | 434,000 | 621,200 | 25,900 |
| Total Current Liabilities | 114.0M | 80.6M | 63.3M | 36.6M | 30.7M |
| Total Non Current Liabilities | 66.0M | 57.9M | 17.2M | 6.1M | 4.9M |
| Total Liabilities | 180.0M | 138.0M | 80.5M | 42.7M | 35.6M |
| Paid In Capital | 137.0M | 137.0M | 136.0M | 96.4M | 96.0M |
| Capital Reserve | 823.0M | 803.0M | 760.0M | 734.0M | 614.0M |
| Surplus Reserve | 64.2M | 45.3M | 31.5M | 21.5M | 16.2M |
| Retained Earnings | 226.0M | 208.0M | 175.0M | 138.0M | 111.0M |
| Minority Equity | -2.0M | -6.1M | -2.0M | -1.3M | -1.4M |
| Equity Attributable | 1.3B | 1.2B | 1.1B | 990.0M | 837.0M |
| Total Equity | 1.3B | 1.2B | 1.1B | 988.0M | 836.0M |
| 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 | 488.0M | 358.0M | 290.0M | 249.0M | 159.0M |
| Tax Refunds Received | -- | 4.3M | 1.6M | -- | -- |
| Total Operating Cash Inflow | 501.0M | 392.0M | 312.0M | 256.0M | 163.0M |
| Cash Paid For Goods | 59.2M | 15.9M | 34.3M | 29.5M | 10.6M |
| Cash Paid To Employees | 132.0M | 101.0M | 74.7M | 61.8M | 39.9M |
| Taxes Paid | 23.1M | 19.3M | 6.1M | 21.1M | 18.3M |
| Total Operating Cash Outflow | 364.0M | 251.0M | 183.0M | 179.0M | 112.0M |
| Operating Cash Flow | 136.0M | 141.0M | 129.0M | 76.5M | 50.8M |
| Total Investing Cash Inflow | 1.0B | 1.4B | 2.0B | 1.5B | 1.9B |
| Total Investing Cash Outflow | 1.3B | 1.3B | 2.1B | 1.6B | 2.5B |
| Investing Cash Flow | -276.0M | 79.3M | -115.0M | -64.6M | -597.0M |
| Dividends And Interest Paid | 109.0M | 67.8M | 48.2M | 19.2M | 19.2M |
| Debt Repayments | -- | 177,700 | -- | -- | -- |
| Total Financing Cash Inflow | 14.5M | 16.9M | 11.3M | 10.8M | -- |
| Total Financing Cash Outflow | 114.0M | 70.4M | 49.7M | 20.1M | 22.7M |
| Financing Cash Flow | -99.0M | -53.5M | -38.3M | -9.3M | -22.7M |
| Net Change In Cash | -239.0M | 167.0M | -24.5M | 2.6M | -569.0M |
| Ending Cash Balance | 55.5M | 295.0M | 128.0M | 152.0M | 150.0M |
| Capex | 163.0M | 129.0M | 105.0M | 72.2M | 7.7M |