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 | 658.0M | 524.0M | 530.0M | 430.0M | 269.0M |
| Revenue Growth % | 25.6% | -1.1% | 23.3% | 59.9% | -- |
| Total Revenue | 658.0M | 524.0M | 530.0M | 430.0M | 269.0M |
| Cost Of Revenue | 87.5M | 57.0M | 30.0M | 21.6M | 13.5M |
| Gross Profit | 570.5M | 467.0M | 500.0M | 408.4M | 255.5M |
| Gross Margin % | 86.7% | 89.1% | 94.3% | 95.0% | 95.0% |
| Total Operating Cost | 823.0M | 724.0M | 527.0M | 442.0M | 260.0M |
| Selling Expenses | 331.0M | 284.0M | 246.0M | 213.0M | 119.0M |
| Admin Expenses | 81.1M | 83.5M | 75.1M | 76.1M | 46.4M |
| Rd Expenses | 214.0M | 270.0M | 164.0M | 130.0M | 92.3M |
| Finance Expenses | 14.3M | 16.0M | 3.0M | -1.3M | -13.0M |
| Operating Income | -179.0M | 97.1M | 16.0M | 22.3M | 37.0M |
| Operating Margin % | -27.2% | 18.5% | 3.0% | 5.2% | 13.7% |
| Non Operating Income | 82.5M | 575,400 | 3,800 | 145,200 | 17,600 |
| Non Operating Expenses | 678,300 | 628,300 | 820,500 | 3.8M | 830,600 |
| Investment Income | -21.7M | 281.0M | 1.6M | 5.4M | 1.4M |
| Fair Value Change Income | 106,900 | 835,100 | 822,000 | 79,100 | 1.8M |
| Asset Disposal Income | 200.00 | -- | -215,700 | -- | -- |
| Asset Impairment Loss | 90.1M | -- | -- | -- | -- |
| Other Income | 8.0M | 14.9M | 10.9M | 28.4M | 24.0M |
| Income Before Tax | -96.7M | 97.0M | 15.2M | 18.6M | 36.2M |
| Income Tax | 17.9M | 47.8M | 2.3M | -3.4M | 5.1M |
| Net Income | -115.0M | 49.2M | 12.8M | 22.0M | 31.0M |
| Net Margin % | -17.5% | 9.4% | 2.4% | 5.1% | 11.5% |
| Net Income Attributable | -115.0M | 88.8M | 17.5M | 22.0M | 31.0M |
| Minority Interest | -- | -39.7M | -4.7M | -- | -- |
| Eps Basic | -0.28 | 0.22 | 0.04 | 0.05 | 0.08 |
| Eps Diluted | -0.28 | 0.22 | 0.04 | 0.05 | 0.08 |
| 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 | 375.0M | 375.0M | 509.0M | 300.0M | 319.0M |
| Trading Financial Assets | 94.1M | 217.0M | 291.0M | 82.1M | 262.0M |
| Accounts Receivable | 160.0M | 196.0M | 153.0M | 111.0M | 41.5M |
| Notes Receivable | 2.4M | -- | 1.3M | -- | -- |
| Notes And Accounts Receivable | 162.0M | 196.0M | 155.0M | 111.0M | 41.5M |
| Prepayments | 5.9M | 8.9M | 6.2M | 9.4M | 5.4M |
| Inventory | 40.8M | 47.1M | 28.5M | 15.4M | 12.4M |
| Total Current Assets | 1.1B | 1.1B | 1.2B | 639.0M | 769.0M |
| Long Term Equity Investment | 246.0M | 269.0M | 29.8M | -- | -- |
| Fixed Assets | -- | 692.0M | 788.0M | 535.0M | 115.0M |
| Fixed Assets Total | 762.0M | 692.0M | 788.0M | 535.0M | 115.0M |
| Construction In Progress | -- | 361.0M | 308.0M | 158.0M | 471.0M |
| Construction In Progress Total | 385.0M | 361.0M | 308.0M | 158.0M | 471.0M |
| Intangible Assets | 448.0M | 184.0M | 203.0M | 216.0M | 129.0M |
| Long Term Deferred Expenses | 16.1M | 5.2M | 6.4M | 6.0M | 6.0M |
| Total Non Current Assets | 2.2B | 2.1B | 1.7B | 1.3B | 957.0M |
| Total Assets | 3.3B | 3.2B | 2.9B | 1.9B | 1.7B |
| Short Term Borrowings | 100.0M | 130.0M | 186.0M | 120.0M | 35.2M |
| Accounts Payable | 2.2M | 9.0M | 323,500 | 2.2M | 3.5M |
| Advance Receipts | 1.0M | 1.1M | 82,400 | 19,800 | -- |
| Contract Liabilities | 169,900 | 80,000 | 227,600 | 7,000 | -- |
| Total Current Liabilities | 451.0M | 391.0M | 541.0M | 294.0M | 147.0M |
| Long Term Borrowings | 647.0M | 491.0M | 222.0M | 4.9M | 22.8M |
| Total Non Current Liabilities | 1.2B | 1.1B | 780.0M | 183.0M | 85.6M |
| Total Liabilities | 1.7B | 1.5B | 1.3B | 477.0M | 232.0M |
| Paid In Capital | 408.0M | 411.0M | 411.0M | 411.0M | 410.0M |
| Capital Reserve | 1.0B | 1.1B | 1.1B | 1.1B | 1.1B |
| Surplus Reserve | 25.3M | 25.3M | 25.3M | 16.9M | 9.6M |
| Retained Earnings | 3.0M | 118.0M | 28.7M | 19.6M | 4.9M |
| Minority Equity | -- | -- | 60.2M | -- | -- |
| Equity Attributable | 1.6B | 1.7B | 1.5B | 1.4B | 1.5B |
| Total Equity | 1.6B | 1.7B | 1.6B | 1.4B | 1.5B |
| 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 | 724.0M | 505.0M | 505.0M | 375.0M | 324.0M |
| Tax Refunds Received | 1,400 | 4.1M | 38.2M | 16.0M | -- |
| Total Operating Cash Inflow | 748.0M | 519.0M | 566.0M | 544.0M | 351.0M |
| Cash Paid For Goods | 32.9M | 35.8M | 13.3M | 6.3M | 4.3M |
| Cash Paid To Employees | 307.0M | 277.0M | 252.0M | 196.0M | 119.0M |
| Taxes Paid | 27.7M | 44.2M | 30.3M | 30.1M | 18.8M |
| Total Operating Cash Outflow | 672.0M | 677.0M | 523.0M | 419.0M | 257.0M |
| Operating Cash Flow | 76.1M | -157.0M | 43.3M | 125.0M | 93.6M |
| Total Investing Cash Inflow | 1.4B | 1.2B | 646.0M | 915.0M | 1.8B |
| Total Investing Cash Outflow | 1.7B | 1.5B | 1.4B | 945.0M | 1.9B |
| Investing Cash Flow | -296.0M | -375.0M | -802.0M | -30.6M | -109.0M |
| Cash From Borrowings | 408.0M | 444.0M | 541.0M | 175.0M | 25.0M |
| Dividends And Interest Paid | 27.6M | 18.7M | 12.2M | 4.2M | 3.3M |
| Debt Repayments | 186.0M | 217.0M | 258.0M | 90.1M | 67.1M |
| Total Financing Cash Inflow | 408.0M | 623.0M | 1.1B | 193.0M | 25.0M |
| Total Financing Cash Outflow | 233.0M | 240.0M | 276.0M | 256.0M | 70.4M |
| Financing Cash Flow | 175.0M | 383.0M | 861.0M | -63.3M | -45.4M |
| Net Change In Cash | -44.1M | -149.0M | 115.0M | 28.6M | -64.5M |
| Ending Cash Balance | 223.0M | 267.0M | 415.0M | 300.0M | 272.0M |
| Capex | 268.0M | 229.0M | 400.0M | 288.0M | 336.0M |