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 |
|---|---|---|---|---|---|---|---|
| Revenue | 393.0M | 249.0M | 200.0M | 339.0M | 180.0M | 88.7M | 67.3M |
| Revenue Growth % | 57.8% | 24.5% | -41.0% | 88.3% | 102.8% | 31.9% | -- |
| Total Revenue | 393.0M | 249.0M | 200.0M | 339.0M | 180.0M | 88.7M | 67.3M |
| Cost Of Revenue | 187.0M | 110.0M | 85.1M | 128.0M | 71.4M | 33.9M | 27.0M |
| Gross Profit | 206.0M | 139.0M | 114.9M | 211.0M | 108.6M | 54.8M | 40.2M |
| Gross Margin % | 52.4% | 55.8% | 57.5% | 62.2% | 60.3% | 61.8% | 59.8% |
| Total Operating Cost | 354.0M | 225.0M | 179.0M | 250.0M | 145.0M | 89.6M | 66.6M |
| Selling Expenses | 24.0M | 21.9M | 23.5M | 29.3M | 18.2M | 16.2M | 12.3M |
| Admin Expenses | 27.4M | 24.3M | 19.2M | 20.9M | 10.5M | 8.9M | 8.1M |
| Rd Expenses | 114.0M | 80.4M | 65.8M | 66.7M | 41.7M | 28.9M | 18.6M |
| Finance Expenses | -5.3M | -15.5M | -22.1M | 963,700 | 1.1M | -66,600 | -695,800 |
| Operating Income | 79.5M | 56.7M | 35.1M | 90.9M | 37.5M | 1.0M | 2.2M |
| Operating Margin % | 20.2% | 22.8% | 17.5% | 26.8% | 20.8% | 1.1% | 3.3% |
| Non Operating Income | 24,600 | 5,000 | 17.2M | 2.0M | 3,300 | 1.0M | 728,400 |
| Non Operating Expenses | 2.1M | 1.7M | 700,200 | 1.4M | 676,600 | -- | 2,900 |
| Investment Income | 33.7M | 23.1M | 7.2M | -- | -- | -- | -- |
| Fair Value Change Income | 1.5M | 2.6M | 982,300 | -- | -- | -- | -- |
| Asset Disposal Income | -- | 29,700 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.4M | 2.1M | 6.8M | 1.1M | 287,600 | 611,500 | 601,100 |
| Other Income | 5.5M | 6.8M | 6.4M | 1.5M | 1.8M | 1.9M | 1.6M |
| Income Before Tax | 77.5M | 55.1M | 51.6M | 91.6M | 36.8M | 2.0M | 3.0M |
| Income Tax | -1.4M | -4.7M | -306,800 | 2.4M | 4.3M | -1.7M | -449,400 |
| Net Income | 78.8M | 59.8M | 51.9M | 89.2M | 32.5M | 3.7M | 3.4M |
| Net Margin % | 20.1% | 24.0% | 25.9% | 26.3% | 18.0% | 4.1% | 5.1% |
| Net Income Attributable | 78.8M | 59.8M | 51.9M | 89.2M | 32.5M | 3.7M | 3.4M |
| Eps Basic | 0.96 | 0.73 | 0.71 | 1.49 | 0.63 | 0.07 | 0.07 |
| Eps Diluted | 0.92 | 0.70 | 0.66 | 1.41 | 0.61 | 0.07 | 0.07 |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 328.0M | 367.0M | 1.1B | 197.0M | 75.1M | 27.1M | 23.6M |
| Trading Financial Assets | 201.0M | 210.0M | 358.0M | -- | -- | -- | -- |
| Accounts Receivable | 36.0M | 30.5M | 25.7M | 18.5M | 20.0M | 15.0M | 5.3M |
| Notes Receivable | 2.4M | 2.4M | 3.0M | -- | -- | -- | 194,300 |
| Notes And Accounts Receivable | 38.5M | 32.8M | 28.7M | 18.5M | 20.0M | 15.0M | 5.5M |
| Prepayments | 3.9M | 7.8M | 5.9M | 6.6M | 4.7M | 1.1M | 739,000 |
| Inventory | 105.0M | 80.0M | 81.7M | 44.1M | 37.9M | 15.0M | 18.4M |
| Total Current Assets | 761.0M | 736.0M | 1.6B | 275.0M | 139.0M | 60.9M | 49.5M |
| Fixed Assets | -- | 24.9M | 15.7M | 10.5M | 8.4M | 5.0M | 3.7M |
| Fixed Assets Total | 26.2M | 24.9M | 15.7M | 10.5M | 8.4M | 5.0M | 3.7M |
| Long Term Deferred Expenses | 1.5M | 962,700 | 1.6M | 1.7M | 523,200 | 21,700 | 139,400 |
| Total Non Current Assets | 1.0B | 1.0B | 98.5M | 19.9M | 12.5M | 13.0M | 9.6M |
| Total Assets | 1.8B | 1.8B | 1.7B | 295.0M | 151.0M | 73.8M | 59.1M |
| Short Term Borrowings | -- | 27.4M | 22.8M | 14.9M | 9.9M | 2.0M | 4.1M |
| Accounts Payable | 25.1M | 15.4M | 6.6M | 16.7M | 12.8M | 5.7M | 1.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 55,900 | 6,700 |
| Contract Liabilities | 1.5M | 589,700 | 546,900 | 1.2M | 2.2M | -- | -- |
| Total Current Liabilities | 64.6M | 67.2M | 52.6M | 62.7M | 38.3M | 17.5M | 13.2M |
| Total Non Current Liabilities | 6.1M | 2.5M | 3.4M | 6.2M | -- | -- | -- |
| Total Liabilities | 70.7M | 69.7M | 56.0M | 68.9M | 38.3M | 17.5M | 13.2M |
| Paid In Capital | 84.9M | 83.3M | 80.0M | 60.0M | 60.0M | 16.0M | 16.0M |
| Capital Reserve | 1.5B | 1.4B | 1.4B | 78.0M | 54.6M | 106.0M | 99.7M |
| Surplus Reserve | 27.6M | 19.9M | 14.0M | 8.9M | 273,500 | -- | -- |
| Retained Earnings | 234.0M | 179.0M | 125.0M | 78.7M | -1.9M | -66.1M | -69.8M |
| Equity Attributable | 1.7B | 1.7B | 1.6B | 226.0M | 113.0M | 56.4M | 45.9M |
| Total Equity | 1.7B | 1.7B | 1.6B | 226.0M | 113.0M | 56.4M | 45.9M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 397.0M | 251.0M | 195.0M | 378.0M | 197.0M | 86.8M | 71.9M |
| Tax Refunds Received | -- | 1.9M | 7.2M | -- | -- | 74,600 | 1.8M |
| Total Operating Cash Inflow | 406.0M | 284.0M | 238.0M | 383.0M | 199.0M | 91.3M | 76.1M |
| Cash Paid For Goods | 198.0M | 97.0M | 146.0M | 151.0M | 103.0M | 32.2M | 38.8M |
| Cash Paid To Employees | 98.0M | 86.3M | 77.6M | 57.5M | 35.3M | 30.9M | 24.6M |
| Taxes Paid | 13.3M | 7.7M | 5.4M | 19.1M | 4.8M | 5.0M | 1.1M |
| Total Operating Cash Outflow | 342.0M | 218.0M | 250.0M | 253.0M | 159.0M | 83.2M | 75.6M |
| Operating Cash Flow | 64.8M | 66.1M | -12.5M | 130.0M | 39.5M | 8.1M | 501,200 |
| Total Investing Cash Inflow | 1.6B | 2.5B | 1.2B | -- | -- | -- | -- |
| Total Investing Cash Outflow | 1.6B | 3.3B | 1.7B | 8.2M | 8.0M | 2.5M | 1.3M |
| Investing Cash Flow | -18.2M | -730.0M | -485.0M | -8.2M | -8.0M | -2.5M | -1.3M |
| Cash From Borrowings | -- | 27.4M | 22.8M | 14.9M | 10.3M | 2.0M | 4.1M |
| Dividends And Interest Paid | 16.3M | 1.1M | 609,300 | 825,600 | 596,500 | 194,500 | 208,100 |
| Debt Repayments | 27.7M | 22.8M | 14.9M | 9.9M | 2.4M | 4.1M | 2.9M |
| Total Financing Cash Inflow | 4.5M | 31.1M | 1.4B | 14.9M | 20.3M | 2.0M | 4.1M |
| Total Financing Cash Outflow | 100.0M | 61.2M | 19.7M | 13.3M | 3.0M | 4.3M | 3.1M |
| Financing Cash Flow | -95.5M | -30.0M | 1.4B | 1.7M | 17.3M | -2.3M | 1.0M |
| Net Change In Cash | -48.5M | -694.0M | 863.0M | 122.0M | 48.0M | 3.5M | 1.3M |
| Ending Cash Balance | 318.0M | 366.0M | 1.1B | 197.0M | 75.1M | 27.1M | 23.6M |
| Capex | 12.0M | 25.5M | 10.2M | 8.2M | 8.0M | 2.5M | 1.3M |