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 | 212.0M | 220.0M | 198.0M | 203.0M | 135.0M | 92.4M | 69.6M | 64.2M | 55.4M | 35.4M | 29.5M |
| Revenue Growth % | -3.6% | 11.1% | -2.5% | 50.4% | 46.1% | 32.7% | 8.5% | 15.9% | 56.3% | 20.2% | -- |
| Total Revenue | 212.0M | 220.0M | 198.0M | 203.0M | 135.0M | 92.4M | 69.6M | 64.2M | 55.4M | 35.4M | 29.5M |
| Cost Of Revenue | 92.2M | 90.7M | 78.2M | 80.9M | 52.3M | 33.3M | 23.6M | 19.3M | 15.2M | 11.1M | 9.7M |
| Gross Profit | 119.8M | 129.3M | 119.8M | 122.1M | 82.7M | 59.2M | 46.0M | 44.9M | 40.2M | 24.4M | 19.8M |
| Gross Margin % | 56.5% | 58.8% | 60.5% | 60.1% | 61.3% | 64.0% | 66.1% | 70.0% | 72.5% | 68.8% | 67.1% |
| Total Operating Cost | 208.0M | 201.0M | 166.0M | 149.0M | 95.1M | 79.3M | 54.3M | 42.9M | 34.5M | 23.3M | 23.7M |
| Selling Expenses | 28.6M | 27.5M | 19.0M | 17.3M | 12.3M | 14.1M | 9.9M | 6.6M | 3.7M | 2.0M | 1.4M |
| Admin Expenses | 24.5M | 29.8M | 25.4M | 21.2M | 13.4M | 16.7M | 12.3M | 9.3M | 14.8M | 9.8M | 12.3M |
| Rd Expenses | 60.6M | 54.4M | 42.3M | 27.6M | 15.9M | 14.4M | 8.1M | 6.9M | -- | -- | -- |
| Finance Expenses | -2.5M | -4.6M | -3.2M | -1.7M | -976,500 | -942,000 | -566,400 | -32,300 | -173,600 | 13,700 | -126,700 |
| Operating Income | 24.6M | 42.0M | 40.0M | 60.0M | 45.4M | 17.1M | 18.7M | 25.2M | 20.6M | 12.2M | 5.7M |
| Operating Margin % | 11.6% | 19.1% | 20.2% | 29.6% | 33.7% | 18.5% | 26.9% | 39.3% | 37.1% | 34.5% | 19.5% |
| Non Operating Income | 173,200 | 136,200 | 2,700 | 1,900 | 400,000 | -- | 587,100 | 505,600 | 3.6M | 2.3M | 1.5M |
| Non Operating Expenses | 33,300 | 63,300 | 2,200 | 94,300 | 19,900 | 106,300 | 2,900 | -- | 1.00 | 12,100 | 24,600 |
| Investment Income | 14.3M | 10.1M | -221,700 | -409,200 | -154,500 | -- | -- | -466,000 | -29,600 | -22,800 | -13,900 |
| Fair Value Change Income | -- | -- | 450,500 | -- | -- | -- | -- | 405,100 | -286,100 | 140,400 | 22,000 |
| Asset Disposal Income | -19,400 | -41,600 | 78,200 | -- | 12,200 | -- | 10,000 | -- | 7,200 | -- | -- |
| Asset Impairment Loss | 2.6M | 77,700 | 1.3M | 989,900 | 195,300 | 704,500 | 187,800 | 60,400 | 179,000 | -24,900 | 130,400 |
| Other Income | 6.0M | 13.0M | 7.5M | 7.0M | 5.5M | 4.0M | 3.3M | 4.0M | -- | -- | -- |
| Income Before Tax | 24.7M | 42.0M | 40.0M | 59.9M | 45.8M | 17.0M | 19.3M | 25.7M | 24.2M | 14.5M | 7.2M |
| Income Tax | -4.8M | 8,355 | 1.2M | 7.3M | 5.6M | 974,300 | 2.1M | 3.3M | 2.7M | 2.3M | 1.3M |
| Net Income | 29.6M | 42.0M | 38.8M | 52.6M | 40.2M | 16.1M | 17.2M | 22.4M | 21.4M | 12.1M | 5.9M |
| Net Margin % | 13.9% | 19.1% | 19.6% | 25.9% | 29.8% | 17.4% | 24.8% | 35.0% | 38.7% | 34.3% | 19.9% |
| Net Income Attributable | 30.5M | 42.2M | 39.1M | 52.8M | 40.2M | 16.1M | 17.2M | 22.4M | 21.4M | 12.2M | 5.9M |
| Minority Interest | -929,600 | -183,900 | -230,800 | -152,300 | -4,300 | -- | -- | -- | -- | -3,900 | -6,000 |
| Eps Basic | 0.30 | 0.41 | 0.48 | 0.69 | 0.55 | 0.23 | 0.37 | 0.49 | 0.93 | 20.60 | 9.93 |
| Eps Diluted | 0.30 | 0.41 | 0.48 | 0.69 | 0.55 | 0.23 | 0.37 | 0.49 | 0.93 | -- | -- |
| 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 | 594.0M | 702.0M | 517.0M | 130.0M | 112.0M | 60.5M | 57.4M | 42.8M | 33.6M | 18.4M | 19.6M |
| Trading Financial Assets | -- | -- | 230.0M | -- | -- | -- | -- | -- | 794,900 | 1.1M | 940,600 |
| Accounts Receivable | 35.8M | 47.9M | 37.5M | 26.1M | 11.3M | 8.4M | 7.5M | -- | 5.1M | 2.8M | 1.4M |
| Notes Receivable | 14.3M | 6.1M | 8.1M | 9.6M | 4.3M | 2.4M | 9.8M | -- | 3.3M | 2.9M | -- |
| Notes And Accounts Receivable | 50.1M | 54.0M | 45.6M | 35.7M | 15.5M | 10.7M | 17.3M | 17.4M | 8.5M | 5.7M | 1.4M |
| Prepayments | 6.4M | 7.0M | 6.9M | 6.6M | 5.7M | 2.5M | 1.9M | 1.5M | 934,200 | 311,400 | 1.2M |
| Inventory | 52.8M | 57.4M | 56.4M | 37.2M | 20.3M | 19.1M | 13.2M | 10.6M | 7.0M | 4.1M | 5.5M |
| Total Current Assets | 730.0M | 847.0M | 871.0M | 223.0M | 171.0M | 98.0M | 89.9M | 72.8M | 52.1M | 29.7M | 28.8M |
| Long Term Equity Investment | 33.2M | 19.7M | 1.9M | 2.1M | 2.5M | -- | -- | 1.8M | 1.9M | 1.9M | 986,100 |
| Fixed Assets | -- | 19.1M | 19.1M | 20.7M | 19.8M | 21.4M | 17.2M | -- | 1.3M | 1.2M | 1.5M |
| Fixed Assets Total | 19.5M | 19.1M | 19.1M | 20.7M | 19.8M | 21.4M | 17.2M | 12.7M | 1.3M | 1.2M | 1.5M |
| Construction In Progress | -- | 7.5M | 13,100 | -- | -- | -- | -- | -- | 9.4M | -- | -- |
| Construction In Progress Total | 101.0M | 7.5M | 13,100 | -- | -- | -- | -- | 889,900 | 9.4M | -- | -- |
| Intangible Assets | 18.3M | 20.1M | 3.1M | 3.9M | 329,900 | 378,200 | 519,500 | 159,700 | 125,300 | 157,300 | -- |
| Long Term Deferred Expenses | 858,400 | 2.2M | 3.3M | 1.0M | 307,200 | -- | -- | 90,200 | -- | -- | -- |
| Total Non Current Assets | 252.0M | 142.0M | 83.0M | 75.0M | 48.6M | 24.6M | 19.4M | 19.2M | 14.5M | 12.8M | 2.6M |
| Total Assets | 982.0M | 989.0M | 954.0M | 298.0M | 220.0M | 123.0M | 109.0M | 92.1M | 66.6M | 42.5M | 31.3M |
| Accounts Payable | 18.3M | 10.0M | 4.0M | 5.4M | 1.8M | 4.2M | 1.2M | -- | 791,800 | 602,400 | 2.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.9M | 3.0M | 967,200 | 1.6M | 27,800 | 444,100 |
| Contract Liabilities | 7.6M | 8.4M | 12.9M | 9.9M | 6.9M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 49.6M | 48.1M | 37.1M | 34.8M | 23.7M | 19.0M | 11.5M | 9.7M | 6.6M | 4.0M | 4.8M |
| Total Non Current Liabilities | 7.7M | 9.2M | 6.6M | 5.1M | 632,400 | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 57.3M | 57.4M | 43.7M | 40.0M | 24.3M | 19.0M | 11.5M | 9.7M | 6.6M | 4.0M | 4.8M |
| Paid In Capital | 103.0M | 103.0M | 103.0M | 77.0M | 77.0M | 69.0M | 46.0M | 23.0M | 23.0M | 590,000 | 590,000 |
| Capital Reserve | 627.0M | 630.0M | 627.0M | 46.1M | 46.1M | 7.7M | 4.1M | 22.0M | 22.0M | -- | -- |
| Surplus Reserve | 27.1M | 22.8M | 19.0M | 15.2M | 10.9M | 7.3M | 5.8M | 4.4M | 2.2M | 295,000 | 295,000 |
| Retained Earnings | 174.0M | 158.0M | 140.0M | 105.0M | 56.2M | 19.6M | 41.8M | 33.0M | 12.8M | 37.6M | 25.5M |
| Minority Equity | -8,200 | 921,400 | 1.1M | 1.3M | 1.5M | -- | -- | -- | -- | -- | 123,200 |
| Equity Attributable | 925.0M | 931.0M | 909.0M | 256.0M | 194.0M | 104.0M | 97.7M | 82.4M | 60.0M | 38.5M | 26.4M |
| Total Equity | 925.0M | 932.0M | 910.0M | 258.0M | 195.0M | 104.0M | 97.7M | 82.4M | 60.0M | 38.5M | 26.5M |
| 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 | 190.0M | 197.0M | 179.0M | 186.0M | 126.0M | 101.0M | 78.2M | 62.2M | 61.1M | 35.4M | 31.6M |
| Tax Refunds Received | 8.3M | 10.3M | 12.0M | 8.0M | 5.9M | 5.2M | 4.4M | 5.0M | 4.4M | 2.7M | 2.2M |
| Total Operating Cash Inflow | 204.0M | 222.0M | 194.0M | 197.0M | 134.0M | 108.0M | 84.0M | 68.0M | 65.8M | 38.3M | 34.1M |
| Cash Paid For Goods | 46.0M | 69.1M | 70.8M | 80.6M | 52.3M | 31.8M | 26.3M | 24.4M | 19.0M | 9.7M | 9.2M |
| Cash Paid To Employees | 96.9M | 84.0M | 70.6M | 51.2M | 32.3M | 29.6M | 24.5M | 15.7M | 11.3M | 8.4M | 6.8M |
| Taxes Paid | 17.7M | 18.2M | 17.6M | 22.4M | 12.3M | 8.7M | 8.2M | 6.9M | 12.1M | 4.7M | 3.2M |
| Total Operating Cash Outflow | 183.0M | 201.0M | 175.0M | 167.0M | 108.0M | 83.9M | 67.2M | 54.2M | 48.6M | 28.7M | 27.8M |
| Operating Cash Flow | 21.5M | 20.5M | 18.1M | 30.1M | 26.5M | 24.1M | 16.8M | 13.8M | 17.2M | 9.7M | 6.4M |
| Total Investing Cash Inflow | 1.9B | 1.3B | 863,000 | -- | 24,000 | -- | 2.5M | 792,800 | 34,900 | -- | -- |
| Total Investing Cash Outflow | 1.9B | 1.2B | 235.0M | 7.7M | 22.1M | 7.3M | 4.6M | 5.3M | 2.1M | 10.7M | 1.6M |
| Investing Cash Flow | -84.8M | 185.0M | -234.0M | -7.7M | -22.1M | -7.3M | -2.1M | -4.5M | -2.1M | -10.7M | -1.6M |
| Dividends And Interest Paid | 10.2M | 20.5M | -- | -- | -- | 13.8M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | 629.0M | -- | 47.9M | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Outflow | 43.4M | 23.0M | 25.9M | 5.0M | 100,000 | 13.8M | -- | -- | -- | -- | -- |
| Financing Cash Flow | -43.4M | -23.0M | 603.0M | -5.0M | 47.8M | -13.8M | -- | -- | -- | -- | -- |
| Net Change In Cash | -106.0M | 182.0M | 388.0M | 17.3M | 51.9M | 3.1M | 14.6M | 9.3M | 15.2M | -1.2M | 4.8M |
| Ending Cash Balance | 593.0M | 700.0M | 517.0M | 130.0M | 112.0M | 60.5M | 57.4M | 42.8M | 33.6M | 18.4M | 19.6M |
| Capex | 81.8M | 36.1M | 4.5M | 7.7M | 1.2M | 6.3M | 4.6M | 1.8M | 2.1M | 9.7M | 554,600 |