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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 129.0M | 114.0M | 84.7M | 40.5M | 46.6M | 20.9M | 1.9M | -- | 0.00 | 305,600 | 59,700 |
| Revenue Growth % | 13.2% | 34.5% | 109.2% | -13.1% | 123.5% | 991.5% | -- | -- | -100.0% | 411.9% | -- |
| Total Revenue | 129.0M | 114.0M | 84.7M | 40.5M | 46.6M | 20.9M | 1.9M | 0.00 | 0.00 | 305,600 | 59,700 |
| Cost Of Revenue | 85.5M | 81.1M | 69.0M | 52.8M | 38.0M | 31.3M | 12.0M | -- | -- | 16,200 | 16,300 |
| Gross Profit | 43.5M | 32.9M | 15.8M | -12.3M | 8.6M | -10.4M | -10.1M | -- | -- | 289,400 | 43,400 |
| Gross Margin % | 33.7% | 28.8% | 18.6% | -30.4% | 18.4% | -49.9% | -527.3% | -- | -- | 94.7% | 72.7% |
| Total Operating Cost | 452.0M | 469.0M | 484.0M | 357.0M | 292.0M | 226.0M | 263.0M | 70.3M | 31.0M | 10.0M | 5.9M |
| Selling Expenses | 86.3M | 64.8M | 54.4M | 60.2M | 37.1M | 20.1M | 8.1M | -- | -- | -- | -- |
| Admin Expenses | 84.8M | 94.7M | 80.7M | 76.6M | 72.3M | 66.6M | 156.0M | 47.3M | 25.8M | 8.9M | 6.1M |
| Rd Expenses | 137.0M | 214.0M | 274.0M | 172.0M | 138.0M | 85.4M | 87.1M | 22.3M | 3.7M | -- | -- |
| Finance Expenses | 7.2M | 7.6M | -45,100 | -5.0M | -552,000 | -4.8M | -678,100 | 445,000 | 1.4M | 1.1M | -75,700 |
| Operating Income | -201.0M | -328.0M | -357.0M | -267.0M | -235.0M | -193.0M | -248.0M | -65.0M | -30.7M | -9.6M | -5.7M |
| Operating Margin % | -155.8% | -287.7% | -421.3% | -659.2% | -504.0% | -925.2% | -12976.8% | -- | -- | -3145.6% | -9505.2% |
| Non Operating Income | 22,800 | 83,600 | 2.1M | 3.0M | 51,000 | 20,000 | 502,000 | 37,500 | 7.4M | 2.9M | 5.7M |
| Non Operating Expenses | 311,900 | 1.3M | 1.5M | 777,500 | 129,700 | 1.6M | 21,400 | 291,700 | 191,900 | 203,900 | 8,800 |
| Investment Income | 84.1M | 17.7M | 20.2M | 37.3M | 4.4M | 7.7M | 11.2M | 5.2M | 338,500 | 125,500 | 156,800 |
| Fair Value Change Income | 83,500 | -1.1M | -251,200 | 717,000 | 1.3M | 312,700 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 18,800 | -3.1M | -2,500 | 3,400 | -- | -- | -18,300 | -37,000 | -23,600 | -- | -- |
| Asset Impairment Loss | 46.7M | 3.2M | 378,200 | -3.1M | 4.5M | 25.8M | -10,100 | 57,000 | -400.00 | 66,900 | -179,700 |
| Other Income | 37.4M | 13.3M | 21.7M | 10.7M | 4.1M | 3.5M | 1.9M | 160,700 | -- | -- | -- |
| Income Before Tax | -201.0M | -329.0M | -357.0M | -265.0M | -236.0M | -195.0M | -247.0M | -65.3M | -23.5M | -6.9M | 15,900 |
| Net Income | -201.0M | -329.0M | -357.0M | -265.0M | -236.0M | -195.0M | -247.0M | -65.3M | -23.5M | -6.9M | 15,900 |
| Net Margin % | -155.8% | -288.6% | -421.3% | -654.3% | -506.2% | -934.8% | -12924.5% | -- | -- | -2266.9% | 26.6% |
| Net Income Attributable | -201.0M | -329.0M | -357.0M | -260.0M | -231.0M | -192.0M | -247.0M | -65.3M | -23.5M | -6.9M | 15,900 |
| Minority Interest | -- | -- | -- | -5.2M | -4.8M | -2.7M | -180,900 | -- | -- | -- | -- |
| Eps Basic | -0.54 | -0.88 | -0.98 | -0.72 | -0.80 | -0.73 | -1.02 | -0.28 | -0.11 | -0.04 | -- |
| Eps Diluted | -0.54 | -0.88 | -0.98 | -0.72 | -0.80 | -0.73 | -1.02 | -0.28 | -0.11 | -0.04 | -- |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 249.0M | 527.0M | 551.0M | 801.0M | 839.0M | 227.0M | 185.0M | 19.5M | 216.0M | 27.9M | 30.1M |
| Trading Financial Assets | 601.0M | 415.0M | 690.0M | 679.0M | 940.0M | 184.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 34.8M | 63.0M | 36.1M | 22.3M | 31.9M | 12.8M | 735,300 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 34.8M | 63.0M | 36.1M | 22.3M | 31.9M | 12.8M | 735,300 | -- | -- | -- | -- |
| Prepayments | 11.4M | 23.5M | 44.5M | 11.8M | 12.6M | 4.9M | 4.0M | 6.2M | 656,100 | 3.2M | 4.0M |
| Inventory | 41.1M | 59.0M | 55.6M | 38.6M | 13.5M | 19.5M | 12.2M | 775,000 | 244,300 | 729,700 | 124,700 |
| Total Current Assets | 1.2B | 1.1B | 1.4B | 1.6B | 1.8B | 456.0M | 389.0M | 251.0M | 340.0M | 44.6M | 36.1M |
| Long Term Equity Investment | 30.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 94.1M | 102.0M | 19.0M | -- | 17.7M | 10.4M | 9.2M | -- | 1.9M | 1.5M |
| Fixed Assets Total | 245.0M | 94.1M | 102.0M | 19.0M | 18.7M | 17.7M | 10.4M | 9.2M | 8.6M | 1.9M | 1.5M |
| Construction In Progress | -- | 696.0M | 623.0M | 582.0M | -- | 73.0M | 6.4M | 301,600 | -- | -- | -- |
| Construction In Progress Total | 148.0M | 696.0M | 623.0M | 582.0M | 221.0M | 73.0M | 6.4M | 301,600 | -- | -- | -- |
| Intangible Assets | 149.0M | 229.0M | 257.0M | 258.0M | 289.0M | 319.0M | 264.0M | 102.0M | 79.3M | 115.0M | 109.0M |
| Long Term Deferred Expenses | 2.0M | 935,700 | 2.7M | 3.1M | 3.1M | 4.2M | 4.4M | 795,800 | 43,000 | -- | -- |
| Total Non Current Assets | 590.0M | 1.0B | 1.0B | 955.0M | 668.0M | 483.0M | 334.0M | 315.0M | 201.0M | 193.0M | 163.0M |
| Total Assets | 1.8B | 2.1B | 2.4B | 2.5B | 2.5B | 940.0M | 723.0M | 566.0M | 541.0M | 237.0M | 199.0M |
| Short Term Borrowings | 284.0M | 202.0M | 111.0M | 52.2M | 15.0M | 14.1M | 2.8M | 5.0M | -- | 25.0M | -- |
| Accounts Payable | 6.8M | 17.4M | 25.0M | 19.1M | 13.6M | 4.0M | 8.6M | 111,600 | -- | 1.5M | 2.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 146,000 | -- | -- | -- | 2.9M | 1,500 |
| Contract Liabilities | 2.7M | 5.8M | 63,800 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 395.0M | 380.0M | 277.0M | 399.0M | 113.0M | 82.4M | 29.3M | 28.9M | 18.2M | 61.0M | 11.0M |
| Long Term Borrowings | 79.4M | 71.4M | 117.0M | 7.5M | 12.5M | 17.5M | -- | -- | -- | -- | 15.0M |
| Total Non Current Liabilities | 276.0M | 417.0M | 462.0M | 303.0M | 263.0M | 254.0M | 56.3M | 34.4M | 26.8M | 46.1M | 54.6M |
| Total Liabilities | 671.0M | 797.0M | 739.0M | 702.0M | 376.0M | 337.0M | 85.5M | 63.3M | 45.0M | 107.0M | 65.6M |
| Paid In Capital | 375.0M | 375.0M | 375.0M | 360.0M | 360.0M | 270.0M | 249.0M | 237.0M | 237.0M | 175.0M | 175.0M |
| Capital Reserve | 2.7B | 2.7B | 2.7B | 2.5B | 2.6B | 912.0M | 773.0M | 402.0M | 333.0M | 12.0M | 7.9M |
| Retained Earnings | -2.0B | -1.8B | -1.4B | -1.1B | -809.0M | -579.0M | -387.0M | -140.0M | -74.9M | -56.8M | -49.9M |
| Minority Equity | -- | -- | -- | -- | -2.4M | 160,900 | 1.8M | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.3B | 1.7B | 1.8B | 2.1B | 603.0M | 636.0M | 503.0M | 496.0M | 130.0M | 133.0M |
| Total Equity | 1.1B | 1.3B | 1.7B | 1.8B | 2.1B | 603.0M | 638.0M | 503.0M | 496.0M | 130.0M | 133.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 174.0M | 108.0M | 81.0M | 54.8M | 33.5M | 11.4M | 1.5M | -- | -- | 3.3M | 155,900 |
| Tax Refunds Received | -- | 10.1M | 57.0M | 14.6M | 8,300 | -- | -- | -- | -- | 3,900 | -- |
| Total Operating Cash Inflow | 192.0M | 156.0M | 222.0M | 109.0M | 53.7M | 210.0M | 45.7M | 17.6M | 3.8M | 33.6M | 20.9M |
| Cash Paid For Goods | 59.5M | 63.0M | 90.0M | 174.0M | 112.0M | 75.2M | 36.9M | 16.6M | 40,800 | 37,400 | -- |
| Cash Paid To Employees | 125.0M | 145.0M | 150.0M | 116.0M | 69.2M | 52.4M | 29.8M | 10.1M | 4.9M | 3.1M | 2.5M |
| Taxes Paid | 4.2M | 3.8M | 2.9M | 2.3M | 1.1M | 860,800 | 49,600 | 177,100 | 50,800 | 91,800 | 144,100 |
| Total Operating Cash Outflow | 364.0M | 423.0M | 511.0M | 352.0M | 224.0M | 175.0M | 125.0M | 38.9M | 8.8M | 8.6M | 33.1M |
| Operating Cash Flow | -173.0M | -267.0M | -289.0M | -243.0M | -170.0M | 34.3M | -79.1M | -21.2M | -5.1M | 25.0M | -12.2M |
| Total Investing Cash Inflow | 3.4B | 4.8B | 3.5B | 5.8B | 962.0M | 968.0M | 1.0B | 463.0M | 30.3M | 17.1M | 26.2M |
| Total Investing Cash Outflow | 3.6B | 4.6B | 3.6B | 5.9B | 1.9B | 1.1B | 1.0B | 642.0M | 165.0M | 53.3M | 60.5M |
| Investing Cash Flow | -191.0M | 173.0M | -117.0M | -18.3M | -965.0M | -148.0M | 10.7M | -178.0M | -134.0M | -36.1M | -34.3M |
| Cash From Borrowings | 394.0M | 313.0M | 203.0M | 280.0M | 15.0M | 41.4M | 7.8M | 5.1M | -- | 30.0M | 15.0M |
| Dividends And Interest Paid | 14.9M | 14.5M | 15.1M | 5.5M | 1.4M | 850,100 | 135,100 | 101,500 | 1.1M | 1.2M | 82,000 |
| Debt Repayments | 285.0M | 212.0M | 216.0M | 24.7M | 19.1M | 7.5M | 10.0M | 100,000 | 32.0M | 20.0M | -- |
| Total Financing Cash Inflow | 394.0M | 354.0M | 398.0M | 280.0M | 1.8B | 164.0M | 246.0M | 5.1M | 361.0M | 30.0M | 40.0M |
| Total Financing Cash Outflow | 308.0M | 284.0M | 239.0M | 60.4M | 20.5M | 10.4M | 12.1M | 2.2M | 33.1M | 21.2M | 82,000 |
| Financing Cash Flow | 85.6M | 70.3M | 159.0M | 219.0M | 1.7B | 154.0M | 234.0M | 2.9M | 328.0M | 8.8M | 39.9M |
| Net Change In Cash | -278.0M | -24.2M | -247.0M | -41.8M | 612.0M | 42.2M | 166.0M | -197.0M | 188.0M | -2.3M | -6.6M |
| Ending Cash Balance | 249.0M | 526.0M | 551.0M | 797.0M | 839.0M | 227.0M | 185.0M | 19.5M | 216.0M | 27.9M | 30.1M |
| Capex | 18.6M | 129.0M | 140.0M | 327.0M | 186.0M | 160.0M | 37.5M | 85.5M | 22.5M | 26.3M | 34.5M |