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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 227.0M | 292.0M | 407.0M | 351.0M | 187.0M | 134.0M | 101.0M | 77.1M | 74.3M |
| Revenue Growth % | -22.3% | -28.3% | 16.0% | 87.7% | 39.6% | 32.7% | 31.0% | 3.8% | -- |
| Total Revenue | 227.0M | 292.0M | 407.0M | 351.0M | 187.0M | 134.0M | 101.0M | 77.1M | 74.3M |
| Cost Of Revenue | 69.9M | 54.8M | 61.7M | 52.0M | 26.2M | 21.1M | 19.0M | 16.1M | 15.8M |
| Gross Profit | 157.1M | 237.2M | 345.3M | 299.0M | 160.8M | 112.9M | 82.0M | 61.0M | 58.5M |
| Gross Margin % | 69.2% | 81.2% | 84.8% | 85.2% | 86.0% | 84.3% | 81.2% | 79.1% | 78.7% |
| Total Operating Cost | 207.0M | 171.0M | 210.0M | 171.0M | 88.9M | 71.9M | 59.5M | 51.9M | 65.6M |
| Selling Expenses | 7.3M | 6.4M | 11.2M | 12.9M | 4.8M | 4.5M | 3.9M | 2.6M | 3.1M |
| Admin Expenses | 52.5M | 39.7M | 52.5M | 44.4M | 24.5M | 20.2M | 19.6M | 18.9M | 35.5M |
| Rd Expenses | 59.1M | 57.8M | 77.5M | 54.0M | 26.3M | 20.7M | 13.1M | 10.8M | 10.2M |
| Finance Expenses | -3.2M | -2.5M | -7.2M | -281,100 | 344,300 | -200,700 | -1.1M | 814,700 | -367,900 |
| Operating Income | 33.8M | 127.0M | 209.0M | 203.0M | 101.0M | 70.7M | 42.6M | 25.4M | 9.1M |
| Operating Margin % | 14.9% | 43.5% | 51.4% | 57.8% | 54.0% | 52.8% | 42.2% | 33.0% | 12.3% |
| Non Operating Income | 6,900 | 51,800 | 10,600 | -- | -- | 1,600 | 15.00 | 4,600 | 1.5M |
| Non Operating Expenses | 1.1M | 797,700 | 1.8M | 1.0M | 19,900 | 148,900 | 42,300 | 32,800 | 667,400 |
| Investment Income | 8.2M | 2.9M | 5.0M | 8.6M | 293,600 | 67,600 | 96,200 | 27,400 | 395,800 |
| Fair Value Change Income | 1.2M | 808,500 | 3.4M | 11.5M | -- | -- | 60,000 | -- | -- |
| Asset Disposal Income | -- | -19,200 | 5,700 | -615,900 | -16,800 | 7.8M | -- | -486,000 | -- |
| Asset Impairment Loss | 14.5M | 6.6M | 9.9M | 2.1M | 3.3M | 2.3M | 2.4M | 617,800 | -318,500 |
| Other Income | 4.3M | 1.7M | 4.1M | 3.2M | 3.1M | 472,700 | 697,000 | 627,800 | -- |
| Income Before Tax | 32.7M | 126.0M | 208.0M | 202.0M | 101.0M | 70.6M | 42.6M | 25.4M | 10.0M |
| Income Tax | 2.8M | 10.5M | 20.8M | 26.4M | 15.4M | 9.1M | 6.3M | 4.2M | 6.0M |
| Net Income | 29.8M | 116.0M | 187.0M | 176.0M | 85.7M | 61.5M | 36.3M | 21.2M | 4.0M |
| Net Margin % | 13.1% | 39.7% | 45.9% | 50.1% | 45.8% | 45.9% | 35.9% | 27.5% | 5.4% |
| Net Income Attributable | 29.8M | 116.0M | 187.0M | 176.0M | 85.7M | 61.5M | 36.3M | 21.2M | 4.0M |
| Eps Basic | 0.49 | 1.92 | 3.11 | 2.93 | 1.71 | 1.37 | 0.81 | 0.47 | 0.09 |
| Eps Diluted | 0.49 | 1.91 | 3.08 | 2.90 | 1.71 | 1.37 | 0.81 | 0.47 | 0.09 |
| 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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 147.0M | 111.0M | 310.0M | 246.0M | 710.0M | 99.5M | 70.1M | 50.6M | 48.9M |
| Trading Financial Assets | 403.0M | 405.0M | 242.0M | 372.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 46.1M | 112.0M | 141.0M | 101.0M | 46.1M | 38.5M | 33.6M | 11.6M | 12.4M |
| Notes And Accounts Receivable | 46.1M | 112.0M | 141.0M | 101.0M | 46.1M | 38.5M | 33.6M | 11.6M | 12.4M |
| Prepayments | 4.3M | 3.6M | 2.7M | 3.0M | 2.5M | 7.1M | 460,900 | 679,200 | 150,800 |
| Inventory | 106.0M | 90.8M | 65.5M | 41.4M | 23.4M | 16.9M | 12.2M | 9.6M | 8.3M |
| Total Current Assets | 713.0M | 735.0M | 777.0M | 773.0M | 785.0M | 165.0M | 121.0M | 74.9M | 72.0M |
| Fixed Assets | -- | 398.0M | 144.0M | 129.0M | 89.1M | 81.4M | 71.1M | 66.8M | -- |
| Fixed Assets Total | 483.0M | 398.0M | 144.0M | 129.0M | 89.1M | 81.4M | 71.1M | 66.8M | 67.8M |
| Construction In Progress | -- | 86.4M | 254.0M | 86.2M | 772,300 | 98,600 | 155,000 | 7.9M | -- |
| Construction In Progress Total | -- | 86.4M | 254.0M | 86.2M | 772,300 | 98,600 | 155,000 | 7.9M | 5.3M |
| Intangible Assets | 19.6M | 20.1M | 20.6M | 21.1M | 17.0M | 16.6M | 16.9M | 17.4M | 4.6M |
| Long Term Deferred Expenses | -- | 1.7M | 3.3M | 3.5M | 1.8M | 2.5M | 3.1M | -- | -- |
| Total Non Current Assets | 654.0M | 611.0M | 526.0M | 328.0M | 116.0M | 104.0M | 95.0M | 94.6M | 80.7M |
| Total Assets | 1.4B | 1.3B | 1.3B | 1.1B | 901.0M | 268.0M | 216.0M | 169.0M | 153.0M |
| Short Term Borrowings | 5.0M | 5.0M | -- | -- | 500,000 | 1.8M | -- | -- | 6.0M |
| Accounts Payable | 1.9M | 1.9M | 5.2M | 3.7M | 2.2M | 1.3M | 726,900 | 547,500 | 415,200 |
| Advance Receipts | -- | -- | -- | -- | -- | 11.3M | 15.4M | 3.1M | 8.0M |
| Contract Liabilities | 9.5M | 4.1M | 10.2M | 3.4M | 4.9M | -- | -- | -- | -- |
| Total Current Liabilities | 87.3M | 55.0M | 66.6M | 41.9M | 41.3M | 44.8M | 44.0M | 26.7M | 26.6M |
| Total Non Current Liabilities | 13.2M | 10.4M | 11.2M | 7.7M | 3.1M | 3.3M | 3.6M | 3.1M | 3.3M |
| Total Liabilities | 101.0M | 65.4M | 77.8M | 49.6M | 44.4M | 48.1M | 47.7M | 29.8M | 29.9M |
| Paid In Capital | 60.7M | 60.6M | 60.3M | 60.0M | 60.0M | 45.0M | 45.0M | 45.0M | 45.0M |
| Capital Reserve | 684.0M | 683.0M | 688.0M | 652.0M | 606.0M | 69.1M | 69.1M | 69.1M | 69.1M |
| Surplus Reserve | 24.0M | 22.8M | 18.0M | 9.4M | 3.4M | -- | -- | -- | -- |
| Retained Earnings | 506.0M | 512.0M | 457.0M | 332.0M | 188.0M | 106.0M | 54.2M | 25.4M | 8.1M |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.1B | 856.0M | 220.0M | 169.0M | 140.0M | 123.0M |
| Total Equity | 1.3B | 1.3B | 1.2B | 1.1B | 856.0M | 220.0M | 169.0M | 140.0M | 123.0M |
| 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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 321.0M | 332.0M | 410.0M | 308.0M | 177.0M | 133.0M | 102.0M | 80.0M | 68.4M |
| Tax Refunds Received | 11.3M | 30.5M | 16.6M | 3.7M | 736,900 | 2.3M | 394,600 | 729,700 | 378,800 |
| Total Operating Cash Inflow | 346.0M | 376.0M | 445.0M | 326.0M | 190.0M | 138.0M | 104.0M | 81.8M | 72.8M |
| Cash Paid For Goods | 33.7M | 40.9M | 70.9M | 45.2M | 21.3M | 22.5M | 21.3M | 14.2M | 12.6M |
| Cash Paid To Employees | 85.6M | 83.2M | 73.9M | 49.6M | 31.3M | 26.6M | 19.8M | 19.2M | 17.5M |
| Taxes Paid | 15.7M | 43.0M | 38.9M | 33.9M | 21.7M | 12.5M | 10.7M | 11.5M | 8.8M |
| Total Operating Cash Outflow | 226.0M | 256.0M | 259.0M | 208.0M | 111.0M | 87.3M | 70.2M | 60.4M | 57.9M |
| Operating Cash Flow | 120.0M | 120.0M | 186.0M | 118.0M | 78.2M | 51.0M | 33.7M | 21.3M | 14.9M |
| Total Investing Cash Inflow | 1.1B | 1.1B | 1.1B | 1.5B | 60.3M | 37.1M | 96,200 | 10.1M | 89.4M |
| Total Investing Cash Outflow | 1.1B | 1.4B | 1.2B | 2.1B | 78.6M | 35.9M | 17.5M | 18.5M | 89.8M |
| Investing Cash Flow | -41.4M | -271.0M | -79.5M | -571.0M | -18.3M | 1.3M | -17.4M | -8.4M | -390,000 |
| Cash From Borrowings | 5.0M | 5.0M | -- | -- | 1.0M | 1.8M | -- | -- | 3.0M |
| Dividends And Interest Paid | 34.9M | 56.2M | 53.0M | 25.9M | 59,700 | 10.1M | 7.5M | 5.0M | 19.3M |
| Debt Repayments | 5.0M | -- | -- | 500,000 | 2.3M | -- | -- | 6.0M | -- |
| Total Financing Cash Inflow | 6.4M | 17.7M | 11.5M | -- | 566.0M | 1.8M | -- | -- | 9.0M |
| Total Financing Cash Outflow | 54.1M | 59.7M | 54.6M | 29.2M | 13.7M | 14.8M | 7.5M | 11.0M | 19.3M |
| Financing Cash Flow | -47.7M | -42.0M | -43.1M | -29.2M | 553.0M | -13.0M | -7.5M | -11.0M | -10.3M |
| Net Change In Cash | 33.0M | -192.0M | 73.1M | -482.0M | 610.0M | 39.4M | 9.5M | 1.7M | 4.8M |
| Ending Cash Balance | 142.0M | 109.0M | 301.0M | 228.0M | 710.0M | 99.5M | 60.1M | 50.6M | 48.9M |
| Capex | 28.3M | 83.7M | 213.0M | 165.0M | 18.6M | 21.9M | 7.5M | 8.5M | 8.8M |