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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 272.0M | 336.0M | 305.0M | 424.0M | 429.0M | 377.0M | 282.0M | 239.0M |
| Revenue Growth % | -19.0% | 10.2% | -28.1% | -1.2% | 13.8% | 33.7% | 18.0% | -- |
| Total Revenue | 272.0M | 336.0M | 305.0M | 424.0M | 429.0M | 377.0M | 282.0M | 239.0M |
| Cost Of Revenue | 186.0M | 253.0M | 268.0M | 406.0M | 382.0M | 330.0M | 251.0M | 186.0M |
| Gross Profit | 86.0M | 83.0M | 37.0M | 18.0M | 47.0M | 47.0M | 31.0M | 53.0M |
| Gross Margin % | 31.6% | 24.7% | 12.1% | 4.2% | 11.0% | 12.5% | 11.0% | 22.2% |
| Total Operating Cost | 375.0M | 511.0M | 565.0M | 726.0M | 603.0M | 574.0M | 446.0M | 337.0M |
| Selling Expenses | 64.2M | 87.8M | 105.0M | 112.0M | 65.8M | 75.7M | 63.7M | 45.5M |
| Admin Expenses | 46.8M | 62.3M | 60.1M | 62.9M | 72.1M | 98.6M | 72.8M | 76.5M |
| Rd Expenses | 66.2M | 84.0M | 126.0M | 135.0M | 75.6M | 69.5M | 64.3M | 30.7M |
| Finance Expenses | 10.9M | 4.8M | 4.5M | 936,800 | 1.6M | -4.6M | -8.6M | -3.7M |
| Operating Income | -91.5M | -169.0M | -236.0M | -292.0M | -167.0M | -193.0M | -150.0M | -96.6M |
| Operating Margin % | -33.6% | -50.3% | -77.4% | -68.9% | -38.9% | -51.2% | -53.2% | -40.4% |
| Non Operating Income | 551,300 | 69,500 | 712,100 | 7.4M | 2.6M | 2.0M | 71,000 | 77,900 |
| Non Operating Expenses | 4.9M | 1.7M | 8.9M | 457,500 | 586,300 | 2,900 | 12,100 | 3,100 |
| Investment Income | 2.2M | -1.1M | 842,400 | 4.3M | 562,400 | 278,700 | 12.9M | 490,400 |
| Fair Value Change Income | -69,900 | 1.8M | 1.8M | 1.1M | 454,400 | -- | -- | -- |
| Asset Disposal Income | 1.3M | 1.2M | 15.3M | -- | 30,600 | 109,600 | 2,100 | -- |
| Asset Impairment Loss | -62,700 | 237,800 | 30,600 | 315,600 | -26,300 | 68,600 | 2.4M | 1.8M |
| Other Income | 8.0M | 4.4M | 6.6M | 4.8M | 6.4M | 3.9M | 1.5M | 823,700 |
| Income Before Tax | -95.8M | -170.0M | -244.0M | -285.0M | -165.0M | -191.0M | -149.0M | -96.5M |
| Income Tax | 100,200 | -559.98 | 17,500 | -- | -- | -- | -- | -- |
| Net Income | -95.9M | -170.0M | -244.0M | -285.0M | -165.0M | -191.0M | -149.0M | -96.5M |
| Net Margin % | -35.2% | -50.6% | -80.0% | -67.2% | -38.5% | -50.7% | -52.8% | -40.4% |
| Net Income Attributable | -95.8M | -170.0M | -244.0M | -283.0M | -163.0M | -190.0M | -149.0M | -96.5M |
| Minority Interest | -107,600 | -270,700 | 125,600 | -1.8M | -1.5M | -863,500 | -- | -- |
| Eps Basic | -2.00 | -3.57 | -5.15 | -6.36 | -4.61 | -5.59 | -12.93 | -8.77 |
| Eps Diluted | -2.00 | -3.57 | -5.15 | -6.36 | -4.61 | -5.59 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 238.0M | 99.4M | 184.0M | 416.0M | 71.9M | 101.0M | 935.0M | 753.0M |
| Trading Financial Assets | -- | 128.0M | 70.1M | 50.0M | 20.5M | 40.0M | -- | -- |
| Accounts Receivable | 66.4M | 64.4M | 72.6M | 112.0M | 113.0M | 104.0M | 106.0M | 93.7M |
| Notes Receivable | -- | -- | -- | -- | -- | 1.7M | -- | -- |
| Notes And Accounts Receivable | 66.4M | 64.4M | 72.6M | 112.0M | 113.0M | 106.0M | 106.0M | 93.7M |
| Prepayments | 4.8M | 149.0M | 6.4M | 11.0M | 12.3M | 8.1M | 13.8M | 16.3M |
| Inventory | 915,300 | 852,700 | 2.5M | 5.1M | 547,400 | 751,500 | 3.1M | 1.0M |
| Total Current Assets | 347.0M | 479.0M | 355.0M | 613.0M | 222.0M | 264.0M | 1.1B | 1.2B |
| Long Term Equity Investment | 9.0M | 9.0M | 10.5M | 4.6M | 5.1M | 1.6M | 195,000 | 135,500 |
| Fixed Assets | -- | 109.0M | 144.0M | 185.0M | 141.0M | 169.0M | 156.0M | 143.0M |
| Fixed Assets Total | 212.0M | 109.0M | 144.0M | 185.0M | 141.0M | 169.0M | 156.0M | 143.0M |
| Construction In Progress | -- | -- | 1.4M | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | 1.4M | -- | -- | -- | -- | -- |
| Intangible Assets | 2.5M | 3.1M | 2.1M | 2.4M | 1.9M | 2.2M | 2.3M | 2.3M |
| Long Term Deferred Expenses | 4.4M | 8.5M | 9.2M | 6.0M | 5.1M | 4.8M | 4.4M | 6.7M |
| Total Non Current Assets | 230.0M | 145.0M | 245.0M | 310.0M | 153.0M | 178.0M | 162.0M | 152.0M |
| Total Assets | 577.0M | 624.0M | 600.0M | 923.0M | 376.0M | 442.0M | 1.2B | 1.3B |
| Short Term Borrowings | 248.0M | 172.0M | 113.0M | 123.0M | 62.8M | 1.5M | -- | -- |
| Accounts Payable | 39.5M | 40.6M | 57.3M | 75.9M | 81.2M | 70.9M | 68.7M | 72.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 32.3M | 38.2M | 25.8M |
| Contract Liabilities | 44.8M | 189.0M | 42.1M | 40.6M | 27.2M | -- | -- | -- |
| Total Current Liabilities | 436.0M | 430.0M | 248.0M | 295.0M | 199.0M | 125.0M | 1.8B | 2.0B |
| Long Term Borrowings | -- | -- | -- | 9.8M | -- | -- | -- | -- |
| Total Non Current Liabilities | 53.8M | 14.9M | 22.5M | 45.6M | -- | 6.0M | 1.6M | -- |
| Total Liabilities | 490.0M | 445.0M | 270.0M | 340.0M | 199.0M | 131.0M | 1.8B | 2.0B |
| Paid In Capital | 47.8M | 47.8M | 47.5M | 47.5M | 35.5M | 35.5M | 17.8M | 11.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.2B | 507.0M | 475.0M | 326.0M | 53.2M |
| Retained Earnings | -1.2B | -1.1B | -889.0M | -645.0M | -362.0M | -199.0M | -872.0M | -723.0M |
| Minority Equity | 205,800 | 313,400 | 584,100 | -3.7M | -2.4M | -863,500 | -- | -- |
| Equity Attributable | 87.1M | 179.0M | 329.0M | 586.0M | 179.0M | 312.0M | -528.0M | -658.0M |
| Total Equity | 87.3M | 180.0M | 330.0M | 582.0M | 177.0M | 311.0M | -528.0M | -658.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 270.0M | 408.0M | 374.0M | 476.0M | 456.0M | 403.0M | 317.0M | 246.0M |
| Tax Refunds Received | 6.9M | 3.6M | 7.0M | 4.7M | 3.3M | 1.9M | 730,900 | 823,700 |
| Total Operating Cash Inflow | 337.0M | 632.0M | 467.0M | 578.0M | 485.0M | 492.0M | 400.0M | 275.0M |
| Cash Paid For Goods | 123.0M | 284.0M | 234.0M | 358.0M | 312.0M | 283.0M | 208.0M | 120.0M |
| Cash Paid To Employees | 162.0M | 215.0M | 282.0M | 283.0M | 160.0M | 166.0M | 127.0M | 87.7M |
| Taxes Paid | 10.4M | 5.0M | 9.5M | 6.5M | 5.7M | 3.4M | 1.7M | 780,200 |
| Total Operating Cash Outflow | 371.0M | 742.0M | 635.0M | 782.0M | 539.0M | 579.0M | 463.0M | 264.0M |
| Operating Cash Flow | -34.5M | -110.0M | -168.0M | -204.0M | -54.1M | -87.0M | -62.4M | 10.5M |
| Total Investing Cash Inflow | 324.0M | 229.0M | 172.0M | 567.0M | 131.0M | 77.5M | 4.2B | 191.0M |
| Total Investing Cash Outflow | 307.0M | 236.0M | 196.0M | 743.0M | 145.0M | 182.0M | 4.0B | 584.0M |
| Investing Cash Flow | 17.1M | -6.8M | -23.7M | -176.0M | -14.0M | -104.0M | 244.0M | -393.0M |
| Cash From Borrowings | 565.0M | 298.0M | 117.0M | 222.0M | 91.2M | 7.0M | -- | -- |
| Dividends And Interest Paid | 7.5M | 5.6M | 3.8M | 2.8M | 2.1M | 115,400 | -- | 98,700 |
| Debt Repayments | 493.0M | 263.0M | 137.0M | 164.0M | 45.7M | 583,300 | -- | 3.9M |
| Total Financing Cash Inflow | 684.0M | 309.0M | 117.0M | 914.0M | 91.2M | 17.8M | -- | 987.0M |
| Total Financing Cash Outflow | 532.0M | 277.0M | 159.0M | 190.0M | 52.3M | 660.0M | -- | 13.5M |
| Financing Cash Flow | 152.0M | 32.8M | -42.1M | 724.0M | 38.9M | -642.0M | -- | 974.0M |
| Net Change In Cash | 135.0M | -84.1M | -232.0M | 344.0M | -29.5M | -833.0M | 182.0M | 591.0M |
| Ending Cash Balance | 234.0M | 99.4M | 184.0M | 416.0M | 71.9M | 101.0M | 935.0M | 753.0M |
| Capex | 113.0M | 6.1M | 17.3M | 103.0M | 31.6M | 63.0M | 68.7M | 93.7M |