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 | 117.0M | 262.0M | 354.0M | 294.0M | 243.0M |
| Revenue Growth % | -55.3% | -26.0% | 20.4% | 21.0% | -- |
| Total Revenue | 117.0M | 262.0M | 354.0M | 294.0M | 243.0M |
| Cost Of Revenue | 55.7M | 118.0M | 149.0M | 130.0M | 93.2M |
| Gross Profit | 61.3M | 144.0M | 205.0M | 164.0M | 149.8M |
| Gross Margin % | 52.4% | 55.0% | 57.9% | 55.8% | 61.6% |
| Total Operating Cost | 339.0M | 369.0M | 365.0M | 380.0M | 350.0M |
| Selling Expenses | 37.7M | 50.8M | 67.7M | 73.7M | 85.3M |
| Admin Expenses | 70.6M | 48.2M | 40.6M | 44.8M | 62.7M |
| Rd Expenses | 189.0M | 184.0M | 132.0M | 121.0M | 114.0M |
| Finance Expenses | -23.2M | -38.5M | -32.4M | -3.7M | -5.4M |
| Operating Income | -203.0M | -90.2M | 21.3M | -68.5M | -77.5M |
| Operating Margin % | -173.5% | -34.4% | 6.0% | -23.3% | -31.9% |
| Non Operating Income | 305,700 | 61,700 | 3.3M | 27,100 | 70,900 |
| Non Operating Expenses | 1.2M | 243,200 | 421,800 | 275,100 | 785,500 |
| Investment Income | 13.7M | 4.1M | 915,300 | -- | 16.3M |
| Fair Value Change Income | -777,500 | 1.3M | 68,200 | -- | -- |
| Asset Disposal Income | 718,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 1.8M | 3.9M | 2.3M | 1.9M | 1.9M |
| Other Income | 5.3M | 11.0M | 31.2M | 17.6M | 13.9M |
| Income Before Tax | -204.0M | -90.4M | 24.2M | -68.7M | -78.2M |
| Income Tax | 8.5M | 78,700 | -8.2M | -- | -- |
| Net Income | -212.0M | -90.4M | 32.3M | -68.7M | -78.2M |
| Net Margin % | -181.2% | -34.5% | 9.1% | -23.4% | -32.2% |
| Net Income Attributable | -212.0M | -90.3M | 32.6M | -68.4M | -77.9M |
| Minority Interest | -482,200 | -116,700 | -270,100 | -295,400 | -332,400 |
| Eps Basic | -0.84 | -0.35 | 0.13 | -0.49 | -0.56 |
| Eps Diluted | -0.84 | -0.35 | 0.13 | -0.49 | -0.56 |
| 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 | 1.1B | 1.4B | 2.0B | 219.0M | 293.0M |
| Trading Financial Assets | 336.0M | 360.0M | 31.2M | -- | -- |
| Accounts Receivable | 143.0M | 115.0M | 182.0M | 226.0M | 68.3M |
| Notes Receivable | 9.5M | -- | -- | 850,000 | 4.8M |
| Notes And Accounts Receivable | 153.0M | 115.0M | 182.0M | 226.0M | 73.1M |
| Prepayments | 6.1M | 6.5M | 1.6M | 2.5M | 497,400 |
| Inventory | 27.4M | 28.7M | 40.8M | 27.0M | 17.8M |
| Total Current Assets | 1.7B | 1.9B | 2.2B | 488.0M | 394.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 21.6M | 13.2M | 5.4M | 5.6M |
| Fixed Assets Total | 20.1M | 21.6M | 13.2M | 5.4M | 5.6M |
| Construction In Progress | -- | 5.1M | -- | 6.3M | -- |
| Construction In Progress Total | 230,500 | 5.1M | -- | 6.3M | -- |
| Intangible Assets | 11.7M | 696,800 | 819,900 | 476,000 | 423,100 |
| Long Term Deferred Expenses | 10.1M | 4.4M | 2.3M | -- | 1.1M |
| Total Non Current Assets | 578.0M | 538.0M | 300.0M | 291.0M | 204.0M |
| Total Assets | 2.3B | 2.5B | 2.5B | 779.0M | 598.0M |
| Short Term Borrowings | 20.0M | -- | -- | 14.1M | 6.3M |
| Accounts Payable | 56.7M | 32.6M | 84.6M | 51.9M | 11.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 12.8M | 12.5M | 32.2M | 12.4M | 9.2M |
| Total Current Liabilities | 158.0M | 105.0M | 160.0M | 148.0M | 54.7M |
| Total Non Current Liabilities | 63.4M | 81.8M | 6.8M | 13.1M | -- |
| Total Liabilities | 222.0M | 187.0M | 167.0M | 161.0M | 54.7M |
| Paid In Capital | 259.0M | 259.0M | 185.0M | 139.0M | 139.0M |
| Capital Reserve | 2.0B | 2.0B | 2.0B | 380.0M | 295.0M |
| Surplus Reserve | 16.6M | 16.6M | 16.6M | -- | -- |
| Retained Earnings | -398.0M | -186.0M | -96.0M | -112.0M | -43.4M |
| Minority Equity | 59.6M | 806,200 | 922,800 | 405,300 | 700,700 |
| Equity Attributable | 2.0B | 2.3B | 2.4B | 617.0M | 542.0M |
| Total Equity | 2.1B | 2.3B | 2.4B | 618.0M | 543.0M |
| 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 | 132.0M | 337.0M | 462.0M | 172.0M | 224.0M |
| Tax Refunds Received | 2.8M | 8.9M | 23.6M | 14.7M | 8.0M |
| Total Operating Cash Inflow | 174.0M | 383.0M | 548.0M | 197.0M | 259.0M |
| Cash Paid For Goods | 47.9M | 149.0M | 170.0M | 85.7M | 78.6M |
| Cash Paid To Employees | 201.0M | 192.0M | 145.0M | 112.0M | 97.0M |
| Taxes Paid | 4.8M | 15.2M | 36.0M | 24.6M | 10.4M |
| Total Operating Cash Outflow | 321.0M | 414.0M | 393.0M | 283.0M | 224.0M |
| Operating Cash Flow | -147.0M | -31.2M | 155.0M | -85.9M | 35.1M |
| Total Investing Cash Inflow | 4.9B | 1.7B | 687.0M | -- | 14.0M |
| Total Investing Cash Outflow | 5.2B | 2.1B | 1.4B | 8.3M | 8.0M |
| Investing Cash Flow | -271.0M | -372.0M | -670.0M | -8.3M | 6.0M |
| Cash From Borrowings | -- | -- | -- | 14.0M | 6.3M |
| Dividends And Interest Paid | 60,800 | -- | 336,400 | 50,300 | 564,500 |
| Debt Repayments | -- | -- | 14.0M | 6.3M | 15.0M |
| Total Financing Cash Inflow | 5.7M | 272,400 | 1.7B | 14.0M | 23.8M |
| Total Financing Cash Outflow | 62.5M | 18.7M | 65.0M | 17.0M | 16.2M |
| Financing Cash Flow | -56.8M | -18.4M | 1.6B | -3.0M | 7.6M |
| Net Change In Cash | -474.0M | -422.0M | 1.1B | -97.3M | 50.1M |
| Ending Cash Balance | 419.0M | 893.0M | 1.3B | 196.0M | 293.0M |
| Capex | 10.9M | 25.2M | 9.8M | 8.3M | 2.7M |