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 | 404.0M | 270.0M | 140.0M | 141.0M | 122.0M | 51.2M | 41.1M | 27.5M | 28.7M | 28.6M | 23.2M |
| Revenue Growth % | 49.6% | 92.9% | -0.7% | 15.6% | 138.1% | 24.6% | 49.7% | -4.5% | 0.3% | 23.3% | -- |
| Total Revenue | 404.0M | 270.0M | 140.0M | 141.0M | 122.0M | 51.2M | 41.1M | 27.5M | 28.7M | 28.6M | 23.2M |
| Cost Of Revenue | 302.0M | 185.0M | 65.3M | 46.6M | 41.5M | 24.5M | 18.9M | 17.6M | 19.1M | 19.1M | 15.3M |
| Gross Profit | 102.0M | 85.0M | 74.7M | 94.4M | 80.5M | 26.7M | 22.2M | 9.8M | 9.7M | 9.5M | 7.9M |
| Gross Margin % | 25.2% | 31.5% | 53.3% | 66.9% | 66.0% | 52.2% | 53.9% | 35.8% | 33.6% | 33.2% | 34.2% |
| Total Operating Cost | 391.0M | 252.0M | 95.3M | 73.6M | 57.3M | 43.7M | 37.1M | 27.3M | 28.1M | 27.3M | 22.0M |
| Selling Expenses | 10.6M | 8.1M | 3.5M | 1.6M | 1.6M | 1.7M | 1.6M | 975,300 | 1.2M | 991,600 | 971,400 |
| Admin Expenses | 42.9M | 36.7M | 19.0M | 15.2M | 5.4M | 4.1M | 4.1M | 6.4M | 5.8M | 5.0M | 4.0M |
| Rd Expenses | 29.7M | 28.4M | 15.3M | 12.9M | 10.2M | 11.1M | 8.6M | -- | -- | -- | -- |
| Finance Expenses | -7.2M | -14.4M | -9.9M | -5.1M | -429,300 | 303,800 | 960,400 | 1.1M | 1.1M | 1.7M | 1.6M |
| Operating Income | 20.1M | 26.0M | 54.0M | 77.5M | 72.2M | 11.2M | 7.3M | 1.5M | 672,400 | 1.4M | 1.3M |
| Operating Margin % | 5.0% | 9.6% | 38.6% | 55.0% | 59.2% | 21.9% | 17.8% | 5.4% | 2.3% | 4.9% | 5.4% |
| Non Operating Income | 411,200 | 380,500 | 11.5M | 3.8M | 2.0M | -- | -- | 1.2M | 2.0M | 2.0M | 773,200 |
| Non Operating Expenses | 446,200 | 60.0M | 524,700 | -- | 36,100 | -- | -- | -- | 2,500 | 27,200 | 15,500 |
| Investment Income | 1.7M | 323,600 | 12,600 | 1.8M | 1.2M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 768,400 | 5.9M | 1.5M | -18,800 | -- | 8,700 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 184,800 | -871,100 | 43,600 | 75,200 | -- | -- | -17,800 | -24,400 | -- | -- | -- |
| Asset Impairment Loss | 2.4M | 2.0M | 212,200 | 304,500 | 57,100 | 226,400 | 2.1M | 780,000 | 275,900 | 115,000 | -1,200 |
| Other Income | 4.8M | 2.6M | 8.1M | 7.9M | 5.9M | 3.7M | 3.3M | 1.4M | -- | -- | -- |
| Income Before Tax | 20.1M | -33.7M | 65.1M | 81.4M | 74.2M | 11.2M | 7.3M | 2.6M | 2.7M | 3.4M | 2.0M |
| Income Tax | 7.1M | 1.3M | 6.4M | 10.6M | 10.0M | 501,400 | 459,100 | -117,000 | 312,200 | 565,000 | 333,400 |
| Net Income | 13.0M | -35.0M | 58.7M | 70.7M | 64.2M | 10.7M | 6.8M | 2.7M | 2.4M | 2.8M | 1.7M |
| Net Margin % | 3.2% | -13.0% | 41.9% | 50.2% | 52.6% | 20.9% | 16.6% | 10.0% | 8.3% | 9.8% | 7.2% |
| Net Income Attributable | 13.0M | -35.0M | 58.7M | 70.7M | 64.2M | 10.7M | 6.8M | 2.7M | 2.4M | 2.8M | 1.7M |
| Eps Basic | 0.15 | -0.39 | 0.75 | 1.05 | 1.10 | 0.19 | 0.13 | 0.05 | 0.06 | 0.11 | 0.07 |
| Eps Diluted | 0.15 | -0.39 | 0.75 | 1.05 | 1.10 | 0.19 | 0.13 | 0.05 | 0.06 | 0.11 | 0.07 |
| 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 | 165.0M | 263.0M | 338.0M | 116.0M | 78.1M | 15.7M | 5.1M | 1.7M | 1.8M | 12.4M | 2.9M |
| Trading Financial Assets | 19.0M | 70.7M | 112.0M | -- | 80.0M | 22.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 192.0M | 156.0M | 89.2M | 58.6M | 31.7M | 16.5M | 17.2M | 17.3M | 17.4M | 11.9M | 9.1M |
| Notes Receivable | 51.7M | 27.4M | 5.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 243.0M | 183.0M | 94.9M | 58.6M | 31.7M | 16.5M | 17.2M | 17.3M | 17.4M | 11.9M | 9.1M |
| Prepayments | 11.7M | 13.5M | 9.9M | 4.9M | 3.1M | 6.3M | 2.0M | 637,000 | 43,700 | 141,400 | 209,800 |
| Inventory | 110.0M | 117.0M | 66.0M | 29.2M | 30.9M | 34.4M | 28.1M | 25.2M | 23.6M | 25.8M | 25.0M |
| Total Current Assets | 807.0M | 706.0M | 702.0M | 221.0M | 246.0M | 103.0M | 60.8M | 45.6M | 43.7M | 54.4M | 40.9M |
| Long Term Equity Investment | 14.4M | 20.4M | 4.4M | 8.1M | 4.0M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 209.0M | 110.0M | 65.0M | 44.3M | 47.3M | 42.9M | 40.2M | 30.1M | 28.1M | 27.7M |
| Fixed Assets Total | 279.0M | 209.0M | 110.0M | 65.0M | 44.3M | 47.3M | 42.9M | 40.2M | 30.1M | 28.1M | 27.7M |
| Construction In Progress | -- | 136.0M | 216.0M | 75.4M | 17.4M | -- | -- | -- | 1.2M | -- | 127,000 |
| Construction In Progress Total | 85.9M | 136.0M | 216.0M | 75.4M | 17.4M | -- | -- | -- | 1.2M | -- | 127,000 |
| Intangible Assets | 58.0M | 59.4M | 60.5M | 32.1M | 8.2M | 8.4M | 8.6M | 8.8M | 9.0M | 9.1M | 7.9M |
| Long Term Deferred Expenses | 13.5M | 6.7M | 2.3M | 1.2M | 879,000 | 1.2M | 351,000 | -- | -- | -- | -- |
| Total Non Current Assets | 789.0M | 940.0M | 745.0M | 250.0M | 149.0M | 61.8M | 59.4M | 57.4M | 50.2M | 39.3M | 35.9M |
| Total Assets | 1.6B | 1.6B | 1.4B | 471.0M | 395.0M | 165.0M | 120.0M | 103.0M | 93.9M | 93.7M | 76.8M |
| Short Term Borrowings | 40.5M | 35.4M | -- | -- | -- | 9.2M | 13.4M | 13.4M | 10.0M | 18.0M | 8.0M |
| Accounts Payable | 67.2M | 57.5M | 30.2M | 4.5M | 4.9M | 9.3M | 3.1M | 6.7M | 3.3M | 7.3M | 9.1M |
| Advance Receipts | 1.1M | -- | -- | -- | -- | 21.2M | 5.7M | -- | -- | -- | -- |
| Contract Liabilities | 10.8M | 26.1M | 21.9M | 203,800 | 5.5M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 239.0M | 238.0M | 84.3M | 18.9M | 30.2M | 58.3M | 26.6M | 33.6M | 27.8M | 61.0M | 44.4M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.0M |
| Total Non Current Liabilities | 133.0M | 138.0M | 72.6M | 28.6M | 12.4M | 13.2M | 11.1M | 10.1M | 9.6M | 4.1M | 6.5M |
| Total Liabilities | 372.0M | 377.0M | 157.0M | 47.5M | 42.6M | 71.5M | 37.7M | 43.7M | 37.4M | 65.1M | 51.0M |
| Paid In Capital | 89.6M | 89.6M | 89.6M | 67.2M | 67.2M | 55.2M | 55.0M | 50.0M | 50.0M | 24.5M | 24.5M |
| Capital Reserve | 1.0B | 1.0B | 989.0M | 203.0M | 202.0M | 20.4M | 19.9M | 4.9M | 4.9M | 53,000 | 53,000 |
| Surplus Reserve | 24.7M | 24.0M | 21.2M | 15.6M | 8.3M | 1.9M | 846,100 | 436,400 | 162,200 | 410,000 | 129,400 |
| Retained Earnings | 135.0M | 153.0M | 191.0M | 138.0M | 74.1M | 16.3M | 6.7M | 3.9M | 1.5M | 3.7M | 1.2M |
| Equity Attributable | 1.2B | 1.3B | 1.3B | 423.0M | 352.0M | 93.8M | 82.4M | 59.3M | 56.5M | 28.7M | 25.8M |
| Total Equity | 1.2B | 1.3B | 1.3B | 423.0M | 352.0M | 93.8M | 82.4M | 59.3M | 56.5M | 28.7M | 25.8M |
| 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 | 300.0M | 215.0M | 148.0M | 116.0M | 101.0M | 75.7M | 52.8M | 32.2M | 27.7M | 30.6M | 25.3M |
| Tax Refunds Received | -- | 6.4M | 1.1M | 404,200 | 1.2M | 537,400 | 440,100 | 945,500 | 306,000 | 1.4M | 625,000 |
| Total Operating Cash Inflow | 317.0M | 241.0M | 182.0M | 148.0M | 108.0M | 80.8M | 56.8M | 36.5M | 35.2M | 33.0M | 28.5M |
| Cash Paid For Goods | 214.0M | 148.0M | 69.1M | 46.4M | 34.6M | 24.3M | 25.6M | 16.2M | 16.7M | 19.1M | 17.2M |
| Cash Paid To Employees | 61.5M | 43.1M | 21.0M | 14.4M | 6.7M | 6.9M | 5.6M | 4.4M | 4.0M | 3.7M | 2.9M |
| Taxes Paid | 22.9M | 18.6M | 10.6M | 19.3M | 5.5M | 405,800 | 3.4M | 3.2M | 3.4M | 3.0M | 1.2M |
| Total Operating Cash Outflow | 329.0M | 307.0M | 133.0M | 99.1M | 59.2M | 45.8M | 43.2M | 27.1M | 27.4M | 28.4M | 23.7M |
| Operating Cash Flow | -11.8M | -65.8M | 49.0M | 48.7M | 48.6M | 35.0M | 13.6M | 9.4M | 7.8M | 4.6M | 4.7M |
| Total Investing Cash Inflow | 312.0M | 507.0M | 210.0M | 257.0M | 229.0M | -- | 13,000 | 12,000 | 3.4M | -- | 973,700 |
| Total Investing Cash Outflow | 351.0M | 560.0M | 857.0M | 259.0M | 403.0M | 28.0M | 11.6M | 13.1M | 15.8M | 7.7M | 5.1M |
| Investing Cash Flow | -38.7M | -53.5M | -648.0M | -2.0M | -174.0M | -28.0M | -11.6M | -13.1M | -12.4M | -7.7M | -4.1M |
| Cash From Borrowings | 23.9M | 10.0M | -- | -- | 5.0M | 13.7M | 13.4M | 13.4M | 18.0M | 23.0M | 11.0M |
| Dividends And Interest Paid | 30.8M | 155,900 | -- | -- | 399,200 | 881,200 | 1.2M | 1.1M | 1.3M | 1.7M | 1.6M |
| Debt Repayments | 23.3M | 10.0M | -- | -- | 14.2M | 17.9M | 13.4M | 10.0M | 29.0M | 23.0M | 16.9M |
| Total Financing Cash Inflow | 48.0M | 70.0M | 833.0M | -- | 210.0M | 25.6M | 45.8M | 25.6M | 43.5M | 38.2M | 13.8M |
| Total Financing Cash Outflow | 96.4M | 18.9M | 29.7M | 5.5M | 24.5M | 25.0M | 44.3M | 22.1M | 49.4M | 25.7M | 18.5M |
| Financing Cash Flow | -48.4M | 51.0M | 804.0M | -5.5M | 186.0M | 576,300 | 1.5M | 3.6M | -5.9M | 12.6M | -4.7M |
| Net Change In Cash | -98.8M | -68.2M | 205.0M | 41.1M | 60.4M | 7.6M | 3.4M | -96,500 | -10.6M | 9.5M | -4.1M |
| Ending Cash Balance | 152.0M | 251.0M | 319.0M | 114.0M | 73.0M | 12.7M | 5.1M | 1.7M | 1.8M | 12.4M | 2.9M |
| Capex | 94.5M | 132.0M | 223.0M | 111.0M | 28.2M | 6.0M | 11.6M | 13.1M | 15.8M | 7.6M | 5.1M |