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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 179.0M | 210.0M | 156.0M | 156.0M | 136.0M | 230.0M | 127.0M | 73.3M | 25.6M | 24.0M | 38.8M | 41.8M |
| Revenue Growth % | -14.8% | 34.6% | 0.0% | 14.7% | -40.9% | 81.1% | 73.3% | 186.6% | 6.7% | -38.2% | -7.2% | -- |
| Total Revenue | 179.0M | 210.0M | 156.0M | 156.0M | 136.0M | 230.0M | 127.0M | 73.3M | 25.6M | 24.0M | 38.8M | 41.8M |
| Cost Of Revenue | 53.3M | 67.6M | 53.6M | 50.0M | 31.3M | 34.6M | 30.3M | 24.0M | 13.6M | 12.9M | 29.8M | 19.7M |
| Gross Profit | 125.7M | 142.4M | 102.4M | 106.0M | 104.7M | 195.4M | 96.7M | 49.3M | 11.9M | 11.1M | 9.0M | 22.0M |
| Gross Margin % | 70.2% | 67.8% | 65.6% | 68.0% | 77.0% | 85.0% | 76.2% | 67.2% | 46.7% | 46.3% | 23.2% | 52.8% |
| Total Operating Cost | 344.0M | 430.0M | 331.0M | 298.0M | 244.0M | 300.0M | 190.0M | 91.6M | 62.3M | 47.9M | 59.3M | 47.1M |
| Selling Expenses | 105.0M | 131.0M | 91.4M | 71.4M | 66.3M | 86.5M | 39.9M | 22.4M | 15.3M | 10.4M | 3.6M | 3.2M |
| Admin Expenses | 83.3M | 80.8M | 65.5M | 61.0M | 70.4M | 97.7M | 53.1M | 21.3M | 16.4M | 25.1M | 24.1M | 22.3M |
| Rd Expenses | 85.6M | 140.0M | 123.0M | 110.0M | 74.1M | 77.0M | 41.5M | 22.3M | 16.3M | -- | -- | -- |
| Finance Expenses | 7.0M | 2.9M | -511,000 | -1.5M | -1.6M | -387,900 | -701,900 | -49,100 | -43,700 | -1.1M | 451,700 | 299,900 |
| Operating Income | -99.3M | -150.0M | -144.0M | -104.0M | -64.1M | -39.5M | -8.1M | 12.6M | -33.0M | -23.0M | -20.6M | -5.2M |
| Operating Margin % | -55.5% | -71.4% | -92.3% | -66.7% | -47.2% | -17.2% | -6.4% | 17.3% | -129.0% | -95.9% | -53.1% | -12.5% |
| Non Operating Income | 4,200 | 94,800 | 114,200 | -- | 72,200 | 800.00 | 98,900 | 3.3M | 8.3M | 9.7M | 6.4M | 13.4M |
| Non Operating Expenses | 255,000 | 384,300 | 340,800 | 169,800 | 4.3M | 3.4M | 200.00 | 270,800 | 400.00 | 693,700 | 1,600 | 5,000 |
| Investment Income | 40.4M | 56.1M | -936,300 | 2.9M | 6.8M | 6.9M | 5.4M | 5.4M | 3.7M | 949,500 | -- | 88,700 |
| Fair Value Change Income | 45,700 | 88,100 | 1.0M | 628,400 | 950,900 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 5.6M | 200.00 | -6,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.5M | 4.5M | 702,400 | 252,400 | 1.3M | 118,200 | 24.2M | 441,200 | 106,600 | 98,200 | 382,300 | 1.0M |
| Other Income | 20.2M | 13.8M | 31.1M | 33.9M | 35.8M | 24.2M | 50.1M | 25.5M | -- | -- | -- | -- |
| Income Before Tax | -99.5M | -151.0M | -144.0M | -105.0M | -68.4M | -42.8M | -8.0M | 15.7M | -24.7M | -14.0M | -14.2M | 8.1M |
| Income Tax | 21.6M | 10.6M | -31.8M | -22.0M | -14.2M | -8.7M | -4.3M | -5.6M | -- | -- | 1.6M | 1.8M |
| Net Income | -121.0M | -161.0M | -112.0M | -82.7M | -54.2M | -34.2M | -3.7M | 21.3M | -24.7M | -14.0M | -15.8M | 6.3M |
| Net Margin % | -67.6% | -76.7% | -71.8% | -53.0% | -39.8% | -14.9% | -2.9% | 29.0% | -96.7% | -58.4% | -40.7% | 15.1% |
| Net Income Attributable | -121.0M | -156.0M | -111.0M | -79.9M | -54.5M | -31.0M | -856,000 | 21.7M | -24.7M | -14.0M | -15.8M | 6.3M |
| Minority Interest | -- | -4.9M | -1.8M | -2.7M | 305,900 | -3.2M | -2.8M | -387,200 | -- | -- | -- | -- |
| Eps Basic | -0.27 | -0.35 | -0.26 | -0.19 | -0.14 | -0.08 | 0.00 | 0.07 | -0.08 | -0.13 | -0.52 | 0.21 |
| Eps Diluted | -0.27 | -0.35 | -0.26 | -0.19 | -0.14 | -0.08 | 0.00 | 0.07 | -0.08 | -0.13 | -0.52 | 0.21 |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 260.0M | 311.0M | 211.0M | 287.0M | 468.0M | 153.0M | 282.0M | 477.0M | 37.3M | 72.7M | 16.6M | 6.2M |
| Trading Financial Assets | -- | 50.0M | 40.2M | 121.0M | 252.0M | 273.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 68.8M | 46.6M | 28.7M | 27.3M | 15.9M | 45.6M | 44.3M | 20.9M | 7.7M | 16.8M | 31.4M | 6.7M |
| Notes Receivable | -- | -- | -- | 4.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 68.8M | 46.6M | 28.7M | 31.3M | 15.9M | 45.6M | 44.3M | 20.9M | 7.7M | 16.8M | 31.4M | 6.7M |
| Prepayments | 13.2M | 10.2M | 13.1M | 6.1M | 7.2M | 12.9M | 5.5M | 2.0M | 2.5M | 881,300 | 1.1M | 871,700 |
| Inventory | 31.7M | 26.2M | 43.8M | 37.9M | 34.8M | 32.1M | 28.0M | 14.0M | 17.3M | 3.2M | 1.5M | 2.2M |
| Total Current Assets | 438.0M | 489.0M | 373.0M | 507.0M | 794.0M | 528.0M | 548.0M | 571.0M | 162.0M | 199.0M | 58.8M | 28.9M |
| Long Term Equity Investment | 103.0M | 93.3M | 22.0M | 20.0M | 20.0M | 20.0M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 420.0M | 204.0M | 40.5M | 24.4M | 20.1M | 21.3M | 8.1M | -- | 2.6M | 2.6M | 3.8M |
| Fixed Assets Total | 419.0M | 420.0M | 204.0M | 40.5M | 24.4M | 20.1M | 21.3M | 8.1M | 2.9M | 2.6M | 2.6M | 3.8M |
| Construction In Progress | -- | 10.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | 10.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 16.3M | 10.3M | 6.7M | 7.6M | 6.3M | 2.7M | 1.7M | 535,500 | 271,500 | 868,900 | 1.4M | 2.1M |
| Long Term Deferred Expenses | 3.7M | 6.9M | 19.4M | 20.2M | 4.8M | 13.4M | 11.4M | 2.4M | 887,300 | -- | 285,200 | 969,700 |
| Total Non Current Assets | 1.3B | 1.1B | 1.0B | 772.0M | 325.0M | 186.0M | 115.0M | 51.4M | 24.0M | 13.4M | 8.3M | 12.5M |
| Total Assets | 1.7B | 1.6B | 1.4B | 1.3B | 1.1B | 714.0M | 663.0M | 623.0M | 186.0M | 212.0M | 67.1M | 41.4M |
| Short Term Borrowings | 25.8M | 32.8M | -- | -- | -- | -- | -- | -- | -- | -- | 6.8M | 620,700 |
| Accounts Payable | 30.2M | 44.1M | 28.5M | 13.9M | 4.7M | 4.2M | 11.6M | 6.1M | 2.1M | 2.3M | 1.5M | 2.3M |
| Advance Receipts | -- | -- | 31,900 | 1.6M | 1.0M | 47.1M | 59.4M | 14.8M | 4.8M | 8,000 | 8,000 | 110,000 |
| Contract Liabilities | 38.7M | 17.6M | 32.1M | 30.0M | 35.9M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 157.0M | 167.0M | 158.0M | 113.0M | 80.6M | 96.3M | 94.1M | 434.0M | 13.7M | 8.0M | 10.7M | 5.3M |
| Long Term Borrowings | 150.0M | 158.0M | 21.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 255.0M | 215.0M | 131.0M | 98.3M | 12.2M | 20.9M | 7.9M | 19.6M | 35.5M | 39.1M | 3.6M | 6.4M |
| Total Liabilities | 412.0M | 382.0M | 289.0M | 211.0M | 92.7M | 117.0M | 102.0M | 453.0M | 49.2M | 47.1M | 14.2M | 11.8M |
| Paid In Capital | 449.0M | 449.0M | 420.0M | 420.0M | 418.0M | 377.0M | 188.0M | 158.0M | 158.0M | 158.0M | 34.6M | 30.0M |
| Capital Reserve | 1.0B | 1.0B | 668.0M | 671.0M | 675.0M | 264.0M | 401.0M | 36.9M | 39.3M | 39.3M | 36.8M | 2.4M |
| Retained Earnings | -552.0M | -467.0M | -311.0M | -192.0M | -117.0M | -69.1M | -38.9M | -38.1M | -59.7M | -32.5M | -18.5M | -2.8M |
| Minority Equity | 12.3M | -- | 73.9M | 60.6M | 30.5M | 11.0M | 9.8M | 10.9M | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.2B | 1.0B | 1.0B | 996.0M | 585.0M | 551.0M | 158.0M | 137.0M | 165.0M | 52.8M | 29.6M |
| Total Equity | 1.3B | 1.2B | 1.1B | 1.1B | 1.0B | 596.0M | 561.0M | 169.0M | 137.0M | 165.0M | 52.8M | 29.6M |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 189.0M | 193.0M | 178.0M | 135.0M | 168.0M | 246.0M | 164.0M | 81.6M | 39.2M | 40.9M | 14.7M | 34.8M |
| Tax Refunds Received | 84,800 | 16.3M | 9.7M | 5.2M | 7.8M | 4.2M | 6.2M | -- | -- | -- | 108,200 | 143,600 |
| Total Operating Cash Inflow | 222.0M | 224.0M | 222.0M | 206.0M | 228.0M | 291.0M | 210.0M | 112.0M | 46.1M | 92.5M | 26.3M | 46.7M |
| Cash Paid For Goods | 62.7M | 60.4M | 63.9M | 46.5M | 44.2M | 52.0M | 61.8M | 26.7M | 27.6M | 13.6M | 29.6M | 17.5M |
| Cash Paid To Employees | 172.0M | 183.0M | 153.0M | 131.0M | 115.0M | 106.0M | 61.7M | 34.4M | 21.3M | 17.4M | 14.5M | 9.9M |
| Taxes Paid | 5.6M | 12.0M | 4.9M | 7.9M | 14.8M | 15.0M | 14.4M | 1.4M | 1.8M | 2.1M | 2.9M | 2.9M |
| Total Operating Cash Outflow | 321.0M | 395.0M | 310.0M | 284.0M | 285.0M | 271.0M | 196.0M | 107.0M | 78.8M | 50.6M | 60.1M | 50.1M |
| Operating Cash Flow | -98.7M | -170.0M | -87.5M | -77.8M | -57.6M | 20.5M | 13.2M | 5.7M | -32.7M | 41.8M | -33.8M | -3.4M |
| Total Investing Cash Inflow | 343.0M | 59.9M | 265.0M | 463.0M | 1.0B | 937.0M | 573.0M | 591.0M | 849.0M | 949,500 | -- | 5.1M |
| Total Investing Cash Outflow | 267.0M | 318.0M | 255.0M | 562.0M | 1.1B | 1.1B | 791.0M | 568.0M | 852.0M | 108.0M | 542,900 | 4.7M |
| Investing Cash Flow | 75.7M | -258.0M | 9.6M | -98.7M | -99.8M | -147.0M | -218.0M | 23.0M | -2.7M | -107.0M | -542,900 | 406,200 |
| Cash From Borrowings | 62.0M | 201.0M | 25.0M | -- | -- | -- | -- | -- | -- | 1.8M | 6.8M | 620,700 |
| Dividends And Interest Paid | 9.1M | 4.7M | 757,800 | -- | -- | -- | -- | -- | -- | 213,200 | 456,300 | 316,000 |
| Debt Repayments | 78.8M | 14.7M | 500,000 | -- | -- | -- | -- | -- | -- | 8.6M | 620,700 | 5.0M |
| Total Financing Cash Inflow | 91.8M | 565.0M | 25.0M | 27.0M | 488.0M | 5.0M | 9.8M | 411.0M | -- | 130.0M | 45.8M | 620,700 |
| Total Financing Cash Outflow | 93.6M | 36.6M | 23.7M | 31.8M | 15.0M | 7.5M | 1.0M | -- | -- | 8.9M | 1.1M | 5.3M |
| Financing Cash Flow | -1.8M | 528.0M | 1.3M | -4.8M | 473.0M | -2.5M | 8.8M | 411.0M | -- | 121.0M | 44.8M | -4.7M |
| Net Change In Cash | -24.1M | 99.5M | -75.9M | -181.0M | 316.0M | -129.0M | -196.0M | 440.0M | -35.4M | 56.2M | 10.4M | -7.7M |
| Ending Cash Balance | 287.0M | 311.0M | 211.0M | 287.0M | 468.0M | 153.0M | 282.0M | 477.0M | 37.3M | 72.7M | 16.6M | 6.2M |
| Capex | 36.7M | 221.0M | 59.6M | 239.0M | 132.0M | 20.2M | 27.4M | 6.3M | 2.9M | 1.6M | 542,900 | 682,500 |