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 | 398.0M | 628.0M | 526.0M | 1.1B | 755.0M | 807.0M | 484.0M | 64.5M |
| Revenue Growth % | -36.6% | 19.4% | -51.1% | 42.5% | -6.4% | 66.7% | 650.0% | -- |
| Total Revenue | 398.0M | 628.0M | 526.0M | 1.1B | 755.0M | 807.0M | 484.0M | 64.5M |
| Cost Of Revenue | 255.0M | 303.0M | 347.0M | 677.0M | 427.0M | 477.0M | 379.0M | 40.8M |
| Gross Profit | 143.0M | 325.0M | 179.0M | 399.0M | 328.0M | 330.0M | 105.0M | 23.7M |
| Gross Margin % | 35.9% | 51.8% | 34.0% | 37.1% | 43.4% | 40.9% | 21.7% | 36.8% |
| Total Operating Cost | 1.2B | 1.3B | 1.5B | 1.9B | 1.7B | 1.6B | 721.0M | 195.0M |
| Selling Expenses | 131.0M | 197.0M | 203.0M | 280.0M | 274.0M | 228.0M | 129.0M | 64.0M |
| Admin Expenses | 184.0M | 138.0M | 278.0M | 326.0M | 354.0M | 396.0M | 61.6M | 30.1M |
| Rd Expenses | 472.0M | 578.0M | 560.0M | 534.0M | 578.0M | 454.0M | 148.0M | 59.4M |
| Finance Expenses | -16.7M | -3.1M | 12.5M | 3.6M | -22.0M | -13.7M | -890,700 | -309,800 |
| Operating Income | -713.0M | -655.0M | -916.0M | -661.0M | -844.0M | -691.0M | -200.0M | -124.0M |
| Operating Margin % | -179.1% | -104.3% | -174.1% | -61.4% | -111.8% | -85.6% | -41.3% | -192.1% |
| Non Operating Income | 5.1M | 348,100 | 1.8M | 88,400 | 260,500 | 10,700 | -- | -- |
| Non Operating Expenses | 142,900 | 74,000 | 1.9M | -- | 165,700 | 642,700 | 200,000 | -- |
| Investment Income | 10.8M | 6.2M | 10.3M | 14.6M | 14.9M | 15.3M | 8.9M | 3.8M |
| Fair Value Change Income | 364,900 | 2.3M | 6.9M | -- | 1.7M | 880,000 | -- | -953,900 |
| Asset Disposal Income | -1.1M | 10,800 | -2.6M | 2.2M | -- | -- | -- | -- |
| Asset Impairment Loss | 89.0M | 54.0M | 28.9M | 19.1M | 12.3M | 13.3M | 1.4M | 325,200 |
| Other Income | 29.8M | 39.5M | 79.1M | 126.0M | 45.1M | 56.2M | 28.3M | 3.7M |
| Income Before Tax | -709.0M | -655.0M | -916.0M | -661.0M | -844.0M | -692.0M | -200.0M | -124.0M |
| Income Tax | -2.9M | 2.7M | -24,400 | 2.8M | 36,900 | 288,300 | -- | -- |
| Net Income | -706.0M | -657.0M | -916.0M | -664.0M | -844.0M | -692.0M | -200.0M | -124.0M |
| Net Margin % | -177.4% | -104.6% | -174.1% | -61.7% | -111.8% | -85.7% | -41.3% | -192.1% |
| Net Income Attributable | -696.0M | -643.0M | -869.0M | -632.0M | -813.0M | -640.0M | -181.0M | -106.0M |
| Minority Interest | -10.0M | -13.9M | -47.4M | -32.0M | -31.0M | -52.5M | -19.5M | -17.5M |
| Eps Basic | -0.67 | -0.62 | -0.89 | -1.01 | -1.31 | -2.91 | -2.04 | -1.43 |
| Eps Diluted | -0.67 | -0.62 | -0.89 | -1.01 | -1.31 | -2.91 | -2.04 | -1.43 |
| 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 | 838.0M | 1.2B | 1.4B | 852.0M | 999.0M | 1.0B | 723.0M | 56.7M |
| Trading Financial Assets | -- | 100.0M | 721.0M | -- | 240.0M | 514.0M | -- | -- |
| Accounts Receivable | 352.0M | 371.0M | 200.0M | 353.0M | 484.0M | 291.0M | 222.0M | 47.4M |
| Notes Receivable | 11.4M | 1.8M | 3.6M | 1.3M | -- | -- | 3.5M | 164,900 |
| Notes And Accounts Receivable | 363.0M | 373.0M | 204.0M | 354.0M | 484.0M | 291.0M | 225.0M | 47.5M |
| Prepayments | 15.7M | 19.9M | 25.2M | 19.9M | 34.6M | 58.5M | 16.5M | 4.6M |
| Inventory | 63.6M | 63.8M | 126.0M | 218.0M | 180.0M | 81.8M | 118.0M | 24.5M |
| Total Current Assets | 1.7B | 2.3B | 3.1B | 2.0B | 2.0B | 2.0B | 1.4B | 515.0M |
| Long Term Equity Investment | 12.0M | 10.3M | 2.2M | 1.8M | -- | -- | -- | -- |
| Fixed Assets | -- | 158.0M | 21.7M | 91.9M | 181.0M | 185.0M | 27.8M | 8.2M |
| Fixed Assets Total | 102.0M | 158.0M | 21.7M | 91.9M | 181.0M | 185.0M | 27.8M | 8.2M |
| Construction In Progress | -- | -- | -- | -- | -- | 2.3M | 11.9M | 1.1M |
| Construction In Progress Total | -- | -- | -- | -- | -- | 2.3M | 11.9M | 1.1M |
| Intangible Assets | 65.8M | 113.0M | 102.0M | 107.0M | 82.5M | 48.3M | 18.3M | 6.5M |
| Long Term Deferred Expenses | 499,800 | 9.4M | 17.8M | 29.5M | 50.2M | 62.8M | 6.3M | 5.3M |
| Total Non Current Assets | 278.0M | 461.0M | 293.0M | 277.0M | 484.0M | 348.0M | 64.3M | 21.1M |
| Total Assets | 2.0B | 2.7B | 3.4B | 2.3B | 2.5B | 2.4B | 1.4B | 536.0M |
| Short Term Borrowings | 399.0M | 579.0M | 827.0M | 434.0M | 209.0M | 30.0M | -- | -- |
| Accounts Payable | 265.0M | 238.0M | 184.0M | 278.0M | 192.0M | 113.0M | 140.0M | 53.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 12.0M | 39.8M | 6.4M |
| Contract Liabilities | 74.7M | 59.4M | 55.4M | 45.4M | 75.3M | -- | -- | -- |
| Total Current Liabilities | 831.0M | 1.1B | 1.3B | 1.1B | 790.0M | 710.0M | 856.0M | 92.9M |
| Long Term Borrowings | -- | -- | 50.1M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 262.0M | 254.0M | 231.0M | 210.0M | 201.0M | 100.0M | 98.0M | 32.5M |
| Total Liabilities | 1.1B | 1.3B | 1.5B | 1.3B | 991.0M | 810.0M | 954.0M | 125.0M |
| Paid In Capital | 1.0B | 1.0B | 741.0M | 628.0M | 628.0M | 600.0M | 91.0M | 85.8M |
| Capital Reserve | 4.5B | 4.3B | 4.4B | 2.8B | 2.6B | 1.8B | 767.0M | 512.0M |
| Retained Earnings | -4.4B | -3.7B | -3.1B | -2.2B | -1.6B | -761.0M | -347.0M | -167.0M |
| Minority Equity | -228.0M | -218.0M | -204.0M | -157.0M | -125.0M | -92.4M | -39.5M | -20.1M |
| Equity Attributable | 1.1B | 1.6B | 2.1B | 1.2B | 1.6B | 1.6B | 510.0M | 431.0M |
| Total Equity | 890.0M | 1.4B | 1.9B | 1.0B | 1.5B | 1.6B | 471.0M | 411.0M |
| 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 | 421.0M | 596.0M | 535.0M | 842.0M | 729.0M | 1.2B | 444.0M | 41.0M |
| Tax Refunds Received | 5.6M | 1.7M | 25.4M | 16.8M | 5.3M | 11.1M | 6.3M | 266,100 |
| Total Operating Cash Inflow | 505.0M | 682.0M | 625.0M | 1.1B | 915.0M | 1.3B | 544.0M | 82.5M |
| Cash Paid For Goods | 221.0M | 248.0M | 442.0M | 707.0M | 474.0M | 1.1B | 496.0M | 26.1M |
| Cash Paid To Employees | 347.0M | 444.0M | 541.0M | 624.0M | 565.0M | 392.0M | 154.0M | 68.1M |
| Taxes Paid | 7.7M | 10.4M | 18.6M | 29.0M | 11.3M | 11.1M | 22.7M | 1.6M |
| Total Operating Cash Outflow | 812.0M | 922.0M | 1.2B | 1.6B | 1.4B | 1.8B | 815.0M | 150.0M |
| Operating Cash Flow | -307.0M | -240.0M | -623.0M | -547.0M | -462.0M | -506.0M | -271.0M | -67.9M |
| Total Investing Cash Inflow | 270.0M | 1.4B | 2.3B | 1.7B | 1.7B | 2.2B | 2.7B | 483.0M |
| Total Investing Cash Outflow | 131.0M | 1.0B | 3.1B | 1.5B | 1.7B | 2.8B | 2.6B | 758.0M |
| Investing Cash Flow | 139.0M | 355.0M | -827.0M | 279.0M | -9.4M | -558.0M | 59.9M | -275.0M |
| Cash From Borrowings | 467.0M | 629.0M | 759.0M | 502.0M | 209.0M | 30.0M | -- | -- |
| Dividends And Interest Paid | 13.6M | 16.8M | 17.2M | 10.7M | 6.6M | 102,600 | -- | -- |
| Debt Repayments | 630.0M | 600.0M | 547.0M | 279.0M | 30.0M | -- | -- | -- |
| Total Financing Cash Inflow | 802.0M | 749.0M | 2.9B | 689.0M | 531.0M | 1.4B | 880.0M | 374.0M |
| Total Financing Cash Outflow | 696.0M | 1.1B | 1.1B | 597.0M | 101.0M | 6.0M | 6.6M | -- |
| Financing Cash Flow | 106.0M | -370.0M | 1.8B | 92.0M | 430.0M | 1.4B | 873.0M | 374.0M |
| Net Change In Cash | -61.8M | -255.0M | 349.0M | -176.0M | -41.4M | 293.0M | 662.0M | 31.5M |
| Ending Cash Balance | 826.0M | 888.0M | 1.1B | 794.0M | 970.0M | 1.0B | 719.0M | 56.7M |
| Capex | 77.5M | 211.0M | 63.3M | 48.7M | 181.0M | 273.0M | 63.4M | 12.4M |