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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 90.0M | 212.0M | 291.0M | 230.0M | 180.0M | 146.0M | 105.0M | 81.4M | 76.1M | 60.0M | 40.0M | 19.1M | 15.3M |
| Revenue Growth % | -57.6% | -27.1% | 26.5% | 27.8% | 23.3% | 39.0% | 29.1% | 6.8% | 26.9% | 50.1% | 109.0% | 25.1% | -- |
| Total Revenue | 90.0M | 212.0M | 291.0M | 230.0M | 180.0M | 146.0M | 105.0M | 81.4M | 76.1M | 60.0M | 40.0M | 19.1M | 15.3M |
| Cost Of Revenue | 104.0M | 133.0M | 146.0M | 108.0M | 84.9M | 70.6M | 56.7M | 32.4M | 30.5M | 19.5M | 22.7M | 18.0M | 12.5M |
| Gross Profit | -14.0M | 79.0M | 145.0M | 122.0M | 95.1M | 75.4M | 48.3M | 49.0M | 45.7M | 40.6M | 17.3M | 1.1M | 2.8M |
| Gross Margin % | -15.6% | 37.3% | 49.8% | 53.0% | 52.8% | 51.6% | 46.0% | 60.2% | 60.0% | 67.6% | 43.2% | 5.9% | 18.6% |
| Total Operating Cost | 227.0M | 194.0M | 200.0M | 147.0M | 117.0M | 97.4M | 81.0M | 49.3M | 43.7M | 31.7M | 29.6M | 19.9M | 13.8M |
| Selling Expenses | 12.2M | 5.8M | 5.4M | 3.6M | 2.8M | 1.5M | 1.8M | 1.3M | 837,200 | 685,300 | 549,600 | 301,200 | 315,500 |
| Admin Expenses | 30.4M | 19.0M | 25.1M | 19.8M | 16.7M | 11.8M | 10.8M | 8.3M | 13.3M | 11.6M | 5.8M | 827,300 | 657,400 |
| Rd Expenses | 37.8M | 26.2M | 20.3M | 17.7M | 13.7M | 11.6M | 9.2M | 6.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -7.7M | -9.9M | -7.3M | -3.6M | -1.8M | 576,700 | -9,900 | -60,300 | -2.6M | 237,500 | 465,400 | 20,600 | 400.00 |
| Operating Income | -137.0M | 16.7M | 91.9M | 83.8M | 62.6M | 48.5M | 24.1M | 32.8M | 32.6M | 28.4M | 10.3M | -746,800 | 1.5M |
| Operating Margin % | -152.2% | 7.9% | 31.6% | 36.4% | 34.8% | 33.2% | 22.9% | 40.3% | 42.8% | 47.3% | 25.9% | -3.9% | 9.9% |
| Non Operating Income | 113,000 | 5.5M | 3.1M | 88,600 | 6,000 | -- | 5,300 | 2.0M | 9,400 | 1.5M | 2.0M | -- | -- |
| Non Operating Expenses | 7.4M | 1.5M | 457,500 | 762,400 | 594,200 | 615,500 | 876,400 | 21,500 | 31,600 | 11,000 | 0.00 | -- | 7,000 |
| Investment Income | -- | 2,421 | 391,100 | 914,900 | 93,100 | 9,188 | 519,500 | 794,900 | 149,600 | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | 1,200 | 1,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -22,800 | -1.3M | -- | -18,100 | -- | -1,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 44.3M | -13,500 | -27,200 | 46,100 | 25,200 | 268,300 | 1.9M | 457,000 | 1.6M | -338,000 | 70,400 | 713,100 | 346,200 |
| Other Income | 34,600 | 41,300 | 41,800 | 4,200 | 1,500 | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -144.0M | 20.7M | 94.5M | 83.2M | 62.0M | 47.9M | 23.2M | 34.8M | 32.5M | 29.8M | 12.3M | -746,800 | 1.5M |
| Income Tax | -8.2M | -388,900 | 12.1M | 10.9M | 8.5M | 6.2M | 2.6M | 4.8M | 5.7M | 4.1M | 2.0M | -178,300 | 375,900 |
| Net Income | -136.0M | 21.1M | 82.3M | 72.3M | 53.5M | 41.7M | 20.6M | 30.0M | 26.9M | 25.7M | 10.4M | -568,600 | 1.1M |
| Net Margin % | -151.1% | 9.9% | 28.3% | 31.4% | 29.7% | 28.6% | 19.6% | 36.9% | 35.3% | 42.9% | 26.0% | -3.0% | 7.4% |
| Net Income Attributable | -136.0M | 21.1M | 82.3M | 72.3M | 53.5M | 41.7M | 20.6M | 30.0M | 26.9M | 25.7M | 10.4M | -568,600 | 1.1M |
| Eps Basic | -0.37 | 0.06 | 0.22 | 0.23 | 0.40 | 0.35 | 0.17 | 0.25 | 0.23 | 0.23 | 0.16 | -0.57 | 1.13 |
| Eps Diluted | -0.37 | 0.06 | 0.22 | 0.23 | 0.40 | 0.35 | 0.17 | 0.25 | 0.23 | 0.23 | 0.83 | -0.57 | -- |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 320.0M | 188.0M | 278.0M | 377.0M | 474.0M | 92.6M | 44.9M | 18.5M | 50.8M | 122.0M | 2.2M | 627,600 | 2.4M |
| Trading Financial Assets | -- | -- | 10.0M | 8.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 147.0M | 154.0M | 118.0M | 90.5M | 61.8M | 64.8M | 59.6M | 44.2M | 24.4M | 13.7M | 7.7M | 6.2M | 4.5M |
| Notes Receivable | 513,000 | 22.5M | -- | 390,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 147.0M | 176.0M | 118.0M | 90.9M | 61.8M | 64.8M | 59.6M | 44.2M | 24.4M | 13.7M | 7.7M | 6.2M | 4.5M |
| Prepayments | 3.0M | 8.7M | 13.8M | 28.1M | 25.3M | 35.2M | 26.1M | 19.5M | 4.6M | 15.4M | 50,000 | 768,100 | 1.6M |
| Inventory | 42.6M | 48.0M | 36.6M | 31.4M | 18.6M | 38.3M | 24.9M | 13.3M | 8.6M | 12.0M | 1.9M | 4.2M | 2.9M |
| Total Current Assets | 529.0M | 658.0M | 602.0M | 541.0M | 583.0M | 231.0M | 158.0M | 138.0M | 151.0M | 165.0M | 14.4M | 14.2M | 12.1M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | 18.0M | 18.0M | 18.0M | 18.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 254.0M | 233.0M | 191.0M | 112.0M | 111.0M | 99.2M | 97.2M | 47.8M | 26.4M | 18.7M | 272,300 | 362,900 |
| Fixed Assets Total | 285.0M | 254.0M | 233.0M | 191.0M | 112.0M | 111.0M | 99.2M | 97.2M | 47.8M | 26.4M | 18.7M | 272,300 | 362,900 |
| Construction In Progress | -- | -- | 44.9M | 127.0M | 167.0M | -- | -- | -- | 5.4M | 13.4M | 13.6M | -- | -- |
| Construction In Progress Total | 22.6M | -- | 44.9M | 127.0M | 167.0M | -- | 15.8M | 11.7M | 5.4M | 13.4M | 13.6M | -- | -- |
| Intangible Assets | 38.4M | 117.0M | 109.0M | 71.5M | 10.8M | 5.1M | 5.0M | 7.4M | 9.8M | 9.2M | 2.9M | 110,000 | 165,000 |
| Long Term Deferred Expenses | 1.3M | 2.3M | 4.2M | 5.8M | 5.3M | 5.6M | 5.2M | 5.6M | 3.5M | -- | -- | 10,700 | -- |
| Total Non Current Assets | 370.0M | 416.0M | 433.0M | 414.0M | 328.0M | 144.0M | 144.0M | 140.0M | 95.3M | 52.0M | 36.0M | 680,600 | 637,300 |
| Total Assets | 899.0M | 1.1B | 1.0B | 955.0M | 911.0M | 376.0M | 302.0M | 278.0M | 246.0M | 217.0M | 50.4M | 14.8M | 12.8M |
| Short Term Borrowings | -- | 21.7M | -- | -- | -- | 25.0M | -- | -- | -- | -- | 4.6M | 1.8M | -- |
| Accounts Payable | 25.8M | 18.6M | 14.9M | 6.8M | 2.2M | 1.8M | -- | -- | 1.7M | 2.5M | 351,100 | 1.1M | 713,400 |
| Advance Receipts | -- | -- | -- | -- | -- | -- | -- | -- | 1.3M | -- | 2,500 | 763,400 | 2.2M |
| Contract Liabilities | 952,400 | 19.2M | 901,000 | 11.8M | 5.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 48.3M | 76.2M | 40.5M | 31.0M | 28.0M | 46.0M | 13.8M | 10.8M | 8.9M | 6.6M | 10.5M | 16.5M | 13.8M |
| Long Term Borrowings | 6.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.1M | -- | -- |
| Total Non Current Liabilities | 12.0M | 901,900 | 178,100 | 207,400 | -- | -- | -- | -- | -- | -- | 2.1M | -- | -- |
| Total Liabilities | 60.4M | 77.1M | 40.7M | 31.2M | 28.0M | 46.0M | 13.8M | 10.8M | 8.9M | 6.6M | 12.6M | 16.5M | 13.8M |
| Paid In Capital | 371.0M | 371.0M | 309.0M | 238.0M | 158.0M | 119.0M | 119.0M | 119.0M | 119.0M | 119.0M | 35.0M | 1.0M | 1.0M |
| Capital Reserve | 313.0M | 313.0M | 374.0M | 446.0M | 525.0M | 64.3M | 64.3M | 64.3M | 64.3M | 64.3M | 1.1M | -- | -- |
| Surplus Reserve | 38.4M | 38.4M | 36.1M | 27.5M | 20.3M | 14.9M | 10.8M | 8.7M | 5.7M | 3.0M | 429,800 | -- | -- |
| Retained Earnings | 117.0M | 275.0M | 275.0M | 213.0M | 180.0M | 132.0M | 94.1M | 75.6M | 48.6M | 24.4M | 1.2M | -2.6M | -2.1M |
| Equity Attributable | 839.0M | 997.0M | 994.0M | 924.0M | 883.0M | 330.0M | 288.0M | 267.0M | 237.0M | 210.0M | 37.7M | -1.6M | -1.1M |
| Total Equity | 839.0M | 997.0M | 994.0M | 924.0M | 883.0M | 330.0M | 288.0M | 267.0M | 237.0M | 210.0M | 37.7M | -1.6M | -1.1M |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 81.6M | 209.0M | 279.0M | 227.0M | 205.0M | 154.0M | 99.8M | 67.8M | 74.3M | 57.5M | 40.1M | 18.5M | 14.5M |
| Total Operating Cash Inflow | 93.1M | 228.0M | 290.0M | 234.0M | 213.0M | 164.0M | 104.0M | 82.4M | 86.9M | 62.6M | 69.4M | 43.1M | 36.8M |
| Cash Paid For Goods | 42.7M | 101.0M | 111.0M | 111.0M | 62.3M | 104.0M | 72.0M | 32.7M | 23.3M | 36.7M | 20.9M | 20.9M | 14.6M |
| Cash Paid To Employees | 36.8M | 33.7M | 28.0M | 22.6M | 15.4M | 12.3M | 12.2M | 10.6M | 5.4M | 3.7M | 1.8M | 671,700 | 587,000 |
| Taxes Paid | 8.8M | 18.6M | 9.5M | 22.7M | 11.9M | 3.1M | 4.9M | 5.4M | 5.6M | 2.3M | 189,900 | 143,000 | 86,400 |
| Total Operating Cash Outflow | 158.0M | 172.0M | 186.0M | 178.0M | 113.0M | 133.0M | 98.5M | 64.4M | 55.2M | 56.5M | 59.2M | 46.7M | 35.1M |
| Operating Cash Flow | -65.3M | 55.3M | 104.0M | 55.6M | 100.0M | 31.5M | 5.5M | 18.0M | 31.7M | 6.1M | 10.2M | -3.6M | 1.7M |
| Total Investing Cash Inflow | 515,200 | 10.1M | 228.0M | 264.0M | 62.0M | 10.1M | 70.5M | 70.8M | 80.2M | -- | -- | -- | -- |
| Total Investing Cash Outflow | 71.7M | 40.7M | 285.0M | 386.0M | 252.0M | 18.2M | 49.5M | 121.0M | 183.0M | 23.4M | 38.2M | -- | -- |
| Investing Cash Flow | -71.2M | -30.7M | -56.1M | -121.0M | -190.0M | -8.1M | 21.0M | -50.4M | -103.0M | -23.4M | -38.2M | -- | -- |
| Cash From Borrowings | 86.6M | 71.8M | -- | -- | 39.8M | 25.0M | -- | -- | -- | 1.9M | 6.3M | 1.8M | -- |
| Dividends And Interest Paid | 14.1M | 18.7M | 11.9M | 31.7M | 1.7M | 717,800 | -- | -- | -- | 460,400 | 420,700 | 18,500 | -- |
| Debt Repayments | 80.4M | 71.8M | -- | 0.00 | 64.8M | -- | -- | -- | -- | 11.5M | 5.2M | -- | -- |
| Total Financing Cash Inflow | 650.0M | 321.0M | -- | 0.00 | 543.0M | 25.0M | -- | -- | -- | 152.0M | 35.3M | 1.8M | -- |
| Total Financing Cash Outflow | 289.0M | 315.0M | 400.0M | 31.7M | 72.3M | 717,800 | -- | -- | -- | 15.0M | 5.6M | 18,500 | -- |
| Financing Cash Flow | 360.0M | 5.3M | -400.0M | -31.7M | 471.0M | 24.3M | 0.00 | -- | -- | 137.0M | 29.7M | 1.8M | -- |
| Net Change In Cash | 224.0M | 30.0M | -352.0M | -97.2M | 382.0M | 47.7M | 26.5M | -32.3M | -71.0M | 120.0M | 1.6M | -1.8M | 1.7M |
| Ending Cash Balance | 279.0M | 55.0M | 25.0M | 377.0M | 474.0M | 92.6M | 44.9M | 18.5M | 50.8M | 122.0M | 2.2M | 627,600 | 2.4M |
| Capex | 71.7M | 40.7M | 54.5M | 114.0M | 208.0M | 8.2M | 19.5M | 61.1M | 34.9M | 23.4M | 38.2M | -- | -- |