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 | 533.0M | 386.0M | 302.0M | 190.0M | 27.7M |
| Revenue Growth % | 38.1% | 27.8% | 58.9% | 586.9% | -- |
| Total Revenue | 533.0M | 386.0M | 302.0M | 190.0M | 27.7M |
| Cost Of Revenue | 37.0M | 29.2M | 26.2M | 6.3M | 27,500 |
| Gross Profit | 496.0M | 356.8M | 275.8M | 183.7M | 27.6M |
| Gross Margin % | 93.1% | 92.4% | 91.3% | 96.7% | 99.9% |
| Total Operating Cost | 731.0M | 780.0M | 828.0M | 703.0M | 368.0M |
| Selling Expenses | 271.0M | 250.0M | 228.0M | 140.0M | 35.1M |
| Admin Expenses | 58.2M | 16.6M | 86.3M | 78.0M | 58.1M |
| Rd Expenses | 388.0M | 496.0M | 498.0M | 509.0M | 314.0M |
| Finance Expenses | -29.2M | -14.9M | -13.6M | -34.6M | -41.1M |
| Operating Income | -155.0M | -298.0M | -486.0M | -459.0M | -305.0M |
| Operating Margin % | -29.1% | -77.2% | -160.9% | -241.6% | -1102.6% |
| Non Operating Income | 3,700 | 5,000 | 3,900 | 6,800 | 3,200 |
| Non Operating Expenses | 8,300 | 1.3M | 2.4M | 6.1M | 7,800 |
| Investment Income | 2.9M | 6.0M | 3.9M | 11.1M | 7.4M |
| Fair Value Change Income | 3.9M | 8.7M | 2.6M | 1.7M | 4.8M |
| Asset Disposal Income | -- | -- | 15,400 | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- |
| Other Income | 35.8M | 81.5M | 33.2M | 40.9M | 23.2M |
| Income Before Tax | -155.0M | -299.0M | -488.0M | -465.0M | -305.0M |
| Income Tax | -4.7M | -3.9M | -2.4M | -3.2M | 5.8M |
| Net Income | -150.0M | -295.0M | -486.0M | -462.0M | -311.0M |
| Net Margin % | -28.1% | -76.4% | -160.9% | -243.2% | -1124.3% |
| Net Income Attributable | -138.0M | -279.0M | -457.0M | -451.0M | -319.0M |
| Minority Interest | -12.5M | -16.6M | -28.2M | -11.0M | 8.6M |
| Eps Basic | -0.52 | -1.09 | -1.91 | -1.88 | -1.36 |
| Eps Diluted | -0.52 | -1.09 | -1.91 | -1.88 | -1.36 |
| 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 | 2.2B | 2.1B | 797.0M | 1.1B | 1.1B |
| Trading Financial Assets | 40.5M | 137.0M | 249.0M | 65.3M | 450.0M |
| Accounts Receivable | 143.0M | 101.0M | 89.0M | 62.4M | -- |
| Notes Receivable | 324,100 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 144.0M | 101.0M | 89.0M | 62.4M | -- |
| Prepayments | 41.3M | 46.3M | 40.8M | 52.0M | 43.8M |
| Inventory | 183.0M | 111.0M | 99.0M | 51.9M | 23.1M |
| Total Current Assets | 2.6B | 2.5B | 1.3B | 1.4B | 1.7B |
| Fixed Assets | -- | 98.3M | 109.0M | 99.2M | -- |
| Fixed Assets Total | 205.0M | 98.3M | 109.0M | 99.2M | 82.0M |
| Construction In Progress | -- | 136.0M | 86.7M | 27.2M | 9.1M |
| Construction In Progress Total | 123.0M | 136.0M | 86.7M | 27.2M | 9.1M |
| Intangible Assets | 50.0M | 69.3M | 91.0M | 116.0M | 130.0M |
| Long Term Deferred Expenses | 11.4M | 16.4M | 21.0M | 13.0M | 4.4M |
| Total Non Current Assets | 429.0M | 367.0M | 377.0M | 340.0M | 301.0M |
| Total Assets | 3.0B | 2.9B | 1.7B | 1.7B | 2.0B |
| Short Term Borrowings | 952.0M | 795.0M | 391.0M | 132.0M | 17.7M |
| Accounts Payable | 187.0M | 138.0M | 152.0M | 118.0M | 65.0M |
| Advance Receipts | 15,300 | 107,000 | -- | -- | -- |
| Contract Liabilities | -- | -- | 278,800 | 359,000 | -- |
| Total Current Liabilities | 1.4B | 1.1B | 729.0M | 381.0M | 141.0M |
| Long Term Borrowings | 44.4M | -- | 50.1M | -- | 30.0M |
| Total Non Current Liabilities | 379.0M | 107.0M | 152.0M | 112.0M | 138.0M |
| Total Liabilities | 1.8B | 1.2B | 881.0M | 493.0M | 279.0M |
| Paid In Capital | 265.0M | 265.0M | 240.0M | 240.0M | 240.0M |
| Capital Reserve | 3.1B | 3.4B | 2.2B | 2.2B | 2.2B |
| Retained Earnings | -2.1B | -2.0B | -1.7B | -1.2B | -792.0M |
| Minority Equity | -1.3M | 12.0M | 28.4M | 56.8M | 73.9M |
| Equity Attributable | 1.3B | 1.6B | 759.0M | 1.2B | 1.6B |
| Total Equity | 1.3B | 1.6B | 787.0M | 1.3B | 1.7B |
| 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 | 549.0M | 431.0M | 316.0M | 147.0M | 27.7M |
| Tax Refunds Received | -- | -- | 25.6M | 36.0M | 4,100 |
| Total Operating Cash Inflow | 873.0M | 612.0M | 409.0M | 208.0M | 52.4M |
| Cash Paid For Goods | 55.7M | 62.3M | 21.0M | 13.6M | -- |
| Cash Paid To Employees | 307.0M | 292.0M | 266.0M | 170.0M | 86.5M |
| Taxes Paid | 51.2M | 15.7M | 8.0M | 5.7M | 8.0M |
| Total Operating Cash Outflow | 835.0M | 845.0M | 780.0M | 663.0M | 396.0M |
| Operating Cash Flow | 38.2M | -233.0M | -370.0M | -455.0M | -344.0M |
| Total Investing Cash Inflow | 1.2B | 1.3B | 768.0M | 917.0M | 693.0M |
| Total Investing Cash Outflow | 3.1B | 1.2B | 1.0B | 591.0M | 1.2B |
| Investing Cash Flow | -1.8B | 64.8M | -264.0M | 327.0M | -499.0M |
| Cash From Borrowings | 1.3B | 984.0M | 561.0M | 171.0M | 67.7M |
| Dividends And Interest Paid | 24.6M | 21.2M | 11.2M | 4.1M | 1.1M |
| Debt Repayments | 1.1B | 630.0M | 233.0M | 57.5M | 80.0M |
| Total Financing Cash Inflow | 1.3B | 2.2B | 561.0M | 171.0M | 2.1B |
| Total Financing Cash Outflow | 1.3B | 667.0M | 278.0M | 77.4M | 194.0M |
| Financing Cash Flow | -51.3M | 1.5B | 283.0M | 94.0M | 1.9B |
| Net Change In Cash | -1.9B | 1.3B | -348.0M | -35.4M | 1.1B |
| Ending Cash Balance | 217.0M | 2.1B | 736.0M | 1.1B | 1.1B |
| Capex | 95.7M | 62.6M | 88.6M | 70.7M | 57.7M |