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 | 917.0M | 506.0M | 546.0M | 566.0M | 426.0M | 230.0M | 133.0M | 50.2M |
| Revenue Growth % | 81.2% | -7.3% | -3.5% | 32.9% | 85.2% | 72.9% | 164.8% | -- |
| Total Revenue | 917.0M | 506.0M | 546.0M | 566.0M | 426.0M | 230.0M | 133.0M | 50.2M |
| Cost Of Revenue | 725.0M | 387.0M | 372.0M | 346.0M | 270.0M | 130.0M | 58.1M | 28.9M |
| Gross Profit | 192.0M | 119.0M | 174.0M | 220.0M | 156.0M | 100.0M | 74.9M | 21.3M |
| Gross Margin % | 20.9% | 23.5% | 31.9% | 38.9% | 36.6% | 43.5% | 56.3% | 42.4% |
| Total Operating Cost | 1.6B | 1.0B | 1.1B | 1.0B | 858.0M | 758.0M | 347.0M | 115.0M |
| Selling Expenses | 176.0M | 102.0M | 85.9M | 83.1M | 86.2M | 78.0M | 53.3M | 18.4M |
| Admin Expenses | 255.0M | 206.0M | 234.0M | 287.0M | 272.0M | 333.0M | 76.5M | 20.3M |
| Rd Expenses | 400.0M | 295.0M | 347.0M | 295.0M | 219.0M | 200.0M | 146.0M | 43.6M |
| Finance Expenses | -6.8M | -12.1M | -11.5M | -19.3M | -5.1M | -871,000 | -849,700 | -115,500 |
| Operating Income | -579.0M | -385.0M | -447.0M | -389.0M | -398.0M | -509.0M | -199.0M | -54.7M |
| Operating Margin % | -63.1% | -76.1% | -81.9% | -68.7% | -93.4% | -221.3% | -149.6% | -108.9% |
| Non Operating Income | 3.4M | 59,800 | 56,900 | 32,800 | 200,400 | 2,300 | 300.00 | 16,500 |
| Non Operating Expenses | 666,500 | 216,900 | 363,600 | 719,000 | 1.1M | 1.1M | 521,600 | 100,000 |
| Investment Income | 33.6M | 41.7M | 18.4M | 14.6M | 3.2M | 616,900 | 1.3M | 13,800 |
| Asset Disposal Income | 73,400 | -48,400 | 89,000 | 14,300 | -4,600 | 15,400 | -- | -- |
| Asset Impairment Loss | 11.9M | 3.7M | 2.9M | 5.7M | 9.1M | 14.2M | 13.5M | 3.9M |
| Other Income | 98.6M | 75.0M | 61.8M | 34.8M | 30.6M | 18.7M | 13.7M | 10.0M |
| Income Before Tax | -576.0M | -385.0M | -448.0M | -390.0M | -398.0M | -510.0M | -199.0M | -54.8M |
| Income Tax | -4.3M | -619,800 | 179,800 | 4,150 | -115,000 | 103,700 | -146,100 | -- |
| Net Income | -572.0M | -384.0M | -448.0M | -390.0M | -398.0M | -510.0M | -199.0M | -54.8M |
| Net Margin % | -62.4% | -75.9% | -82.1% | -68.9% | -93.4% | -221.7% | -149.6% | -109.1% |
| Net Income Attributable | -579.0M | -383.0M | -447.0M | -390.0M | -393.0M | -500.0M | -195.0M | -54.6M |
| Minority Interest | 6.9M | -992,400 | -603,600 | -110,900 | -5.6M | -9.8M | -4.2M | -159,800 |
| Eps Basic | -1.63 | -1.15 | -1.68 | -1.46 | -1.78 | -1.67 | -1.22 | -0.39 |
| Eps Diluted | -1.63 | -1.15 | -1.68 | -1.46 | -1.78 | -1.67 | -1.22 | -0.39 |
| 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 | 927.0M | 805.0M | 391.0M | 863.0M | 1.3B | 209.0M | 175.0M | 43.4M |
| Trading Financial Assets | 701.0M | 2.6B | 487.0M | 536.0M | 377.0M | -- | -- | -- |
| Accounts Receivable | 727.0M | 491.0M | 424.0M | 215.0M | 198.0M | 86.2M | 60.3M | 34.8M |
| Notes Receivable | 3.8M | 264,600 | 1.4M | 930,000 | 32.6M | -- | -- | -- |
| Notes And Accounts Receivable | 731.0M | 491.0M | 426.0M | 216.0M | 231.0M | 86.2M | 60.3M | 34.8M |
| Prepayments | 43.8M | 59.8M | 40.4M | 6.9M | 3.8M | 8.9M | 3.5M | 1.1M |
| Inventory | 249.0M | 136.0M | 66.6M | 60.4M | 135.0M | 121.0M | 66.3M | 44.4M |
| Total Current Assets | 3.0B | 4.2B | 1.4B | 1.7B | 2.0B | 476.0M | 372.0M | 131.0M |
| Long Term Equity Investment | 16.7M | -- | -- | 100,000 | 100,000 | -- | -- | -- |
| Fixed Assets | -- | 321.0M | 57.4M | 33.5M | 12.2M | 10.3M | 9.9M | 1.6M |
| Fixed Assets Total | 1.6B | 321.0M | 57.4M | 33.5M | 12.2M | 10.3M | 9.9M | 1.6M |
| Intangible Assets | 35.4M | 2.4M | 2.4M | 2.5M | 2.6M | 3.1M | 1.8M | 2.3M |
| Long Term Deferred Expenses | 1.6M | 3.5M | 7.3M | 11.8M | 16.4M | 25.0M | 13.6M | -- |
| Total Non Current Assets | 1.9B | 675.0M | 179.0M | 186.0M | 63.6M | 53.3M | 30.0M | 3.9M |
| Total Assets | 4.9B | 4.9B | 1.6B | 1.9B | 2.1B | 529.0M | 402.0M | 135.0M |
| Short Term Borrowings | 66.2M | -- | -- | -- | 63.6M | 61.5M | -- | -- |
| Accounts Payable | 464.0M | 246.0M | 248.0M | 128.0M | 140.0M | 63.0M | 29.1M | 31.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 87.0M | 9.0M | 28.7M |
| Contract Liabilities | 63.7M | 44.9M | 33.7M | 31.4M | 95.4M | -- | -- | -- |
| Total Current Liabilities | 787.0M | 419.0M | 476.0M | 409.0M | 455.0M | 482.0M | 113.0M | 74.2M |
| Long Term Borrowings | 85.7M | -- | -- | -- | 13.2M | 15.3M | -- | -- |
| Total Non Current Liabilities | 185.0M | 56.2M | 59.0M | 89.1M | 64.8M | 58.8M | 492,300 | 4.4M |
| Total Liabilities | 973.0M | 475.0M | 534.0M | 498.0M | 519.0M | 541.0M | 113.0M | 78.5M |
| Paid In Capital | 355.0M | 355.0M | 266.0M | 266.0M | 266.0M | 9.1M | 8.7M | 7.1M |
| Capital Reserve | 5.8B | 5.6B | 2.0B | 1.9B | 1.7B | 727.0M | 519.0M | 116.0M |
| Retained Earnings | -2.2B | -1.6B | -1.2B | -762.0M | -372.0M | -762.0M | -262.0M | -67.6M |
| Minority Equity | 9.3M | -1.7M | -714,500 | -110,900 | -- | 14.6M | 23.8M | 290,200 |
| Equity Attributable | 3.9B | 4.4B | 1.1B | 1.4B | 1.6B | -26.2M | 265.0M | 55.9M |
| Total Equity | 3.9B | 4.4B | 1.1B | 1.4B | 1.6B | -11.6M | 289.0M | 56.2M |
| 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 | 898.0M | 476.0M | 364.0M | 463.0M | 366.0M | 358.0M | 104.0M | 45.5M |
| Tax Refunds Received | -- | 800.00 | 361,300 | 71,000 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.4B | 603.0M | 497.0M | 550.0M | 470.0M | 451.0M | 116.0M | 48.2M |
| Cash Paid For Goods | 745.0M | 551.0M | 364.0M | 235.0M | 290.0M | 230.0M | 82.9M | 36.1M |
| Cash Paid To Employees | 430.0M | 399.0M | 382.0M | 313.0M | 259.0M | 238.0M | 149.0M | 40.2M |
| Taxes Paid | 14.0M | 1.4M | 6.1M | 6.9M | 10.0M | 1.1M | 1.0M | 46,000 |
| Total Operating Cash Outflow | 1.6B | 1.1B | 907.0M | 726.0M | 713.0M | 640.0M | 350.0M | 118.0M |
| Operating Cash Flow | -295.0M | -541.0M | -411.0M | -176.0M | -243.0M | -188.0M | -234.0M | -69.6M |
| Total Investing Cash Inflow | 5.0B | 5.5B | 1.6B | 1.9B | 896.0M | 46.6M | 291.0M | 15,300 |
| Total Investing Cash Outflow | 4.4B | 8.3B | 1.6B | 2.0B | 1.3B | 48.6M | 372.0M | 3.0M |
| Investing Cash Flow | 601.0M | -2.9B | 22.7M | -178.0M | -356.0M | -1.9M | -80.2M | -3.0M |
| Cash From Borrowings | 147.0M | -- | 150.0M | -- | 66.0M | 80.3M | -- | -- |
| Dividends And Interest Paid | 4.2M | 434,000 | 3.3M | 1.4M | 4.5M | 1.2M | -- | -- |
| Debt Repayments | 9.0M | -- | 163.0M | 65.7M | 66.1M | 1.6M | -- | -- |
| Total Financing Cash Inflow | 147.0M | 3.6B | 150.0M | 1.2M | 1.8B | 200.0M | 432.0M | 87.5M |
| Total Financing Cash Outflow | 68.4M | 49.7M | 183.0M | 94.7M | 94.6M | 9.3M | -- | -- |
| Financing Cash Flow | 78.8M | 3.6B | -33.0M | -93.5M | 1.7B | 190.0M | 432.0M | 87.5M |
| Net Change In Cash | 385.0M | 148.0M | -421.0M | -448.0M | 1.1B | 15,000 | 118.0M | 14.9M |
| Ending Cash Balance | 909.0M | 524.0M | 375.0M | 796.0M | 1.2B | 158.0M | 158.0M | 40.0M |
| Capex | 1.6B | 439.0M | 45.1M | 34.2M | 14.2M | 28.6M | 25.5M | 3.0M |