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 | 479.0M | 309.0M | 396.0M | 410.0M | 238.0M | 143.0M | 69.9M |
| Revenue Growth % | 55.0% | -22.0% | -3.4% | 72.3% | 66.4% | 104.5% | -- |
| Total Revenue | 479.0M | 309.0M | 396.0M | 410.0M | 238.0M | 143.0M | 69.9M |
| Cost Of Revenue | 225.0M | 162.0M | 172.0M | 172.0M | 52.7M | 29.8M | 17.1M |
| Gross Profit | 254.0M | 147.0M | 224.0M | 238.0M | 185.3M | 113.2M | 52.8M |
| Gross Margin % | 53.0% | 47.6% | 56.6% | 58.0% | 77.8% | 79.2% | 75.5% |
| Total Operating Cost | 444.0M | 397.0M | 374.0M | 361.0M | 170.0M | 107.0M | 52.9M |
| Selling Expenses | 27.6M | 27.8M | 21.4M | 22.7M | 20.3M | 14.6M | 7.2M |
| Admin Expenses | 98.1M | 128.0M | 132.0M | 106.0M | 55.1M | 41.8M | 14.3M |
| Rd Expenses | 89.8M | 85.9M | 51.2M | 39.8M | 37.1M | 16.9M | 9.2M |
| Finance Expenses | -6.6M | -7.5M | -3.7M | 2.0M | 2.6M | 1.1M | 3.1M |
| Operating Income | 55.4M | -52.6M | 35.5M | 51.7M | 69.8M | 38.2M | 17.3M |
| Operating Margin % | 11.6% | -17.0% | 9.0% | 12.6% | 29.3% | 26.7% | 24.8% |
| Non Operating Income | 120,900 | 5.2M | 6.9M | 1.6M | 500.00 | 50.00 | 100.00 |
| Non Operating Expenses | 3.3M | 2.0M | 143,100 | 298,800 | 1.3M | 26,700 | 6,600 |
| Investment Income | 6.6M | 29.6M | 1.4M | 7,550 | 200,900 | 28,700 | 99,400 |
| Fair Value Change Income | 7.0M | 3.6M | 1.5M | -- | -- | -- | -- |
| Asset Disposal Income | 3.1M | -17,200 | 1.3M | 127,700 | -- | -- | -- |
| Asset Impairment Loss | 387,200 | 355,200 | 1.6M | 10.3M | 1.1M | 102,900 | 1.5M |
| Other Income | 2.8M | 2.6M | 9.8M | 2.1M | 1.8M | 2.4M | 194,300 |
| Income Before Tax | 52.2M | -49.4M | 42.3M | 53.0M | 68.5M | 38.2M | 17.3M |
| Income Tax | 7.1M | -7.8M | 8.9M | 13.7M | 12.9M | 6.5M | 2.4M |
| Net Income | 45.1M | -41.6M | 33.3M | 39.3M | 55.5M | 31.7M | 14.9M |
| Net Margin % | 9.4% | -13.4% | 8.4% | 9.6% | 23.3% | 22.2% | 21.4% |
| Net Income Attributable | 45.1M | -41.6M | 33.3M | 39.3M | 55.5M | 31.7M | 14.9M |
| Eps Basic | 0.13 | -0.12 | 0.12 | 0.16 | 0.91 | -- | -- |
| Eps Diluted | 0.13 | -0.12 | 0.12 | 0.16 | 0.91 | -- | -- |
| 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 | 182.0M | 191.0M | 180.0M | 61.9M | 225.0M | 2.0M | 389,200 |
| Trading Financial Assets | 521.0M | 771.0M | 1.1B | -- | -- | -- | -- |
| Accounts Receivable | 139.0M | 83.8M | 102.0M | 132.0M | 25.2M | 21.0M | 7.8M |
| Notes Receivable | 10,100 | 255,700 | -- | -- | -- | -- | 427,300 |
| Notes And Accounts Receivable | 139.0M | 84.1M | 102.0M | 132.0M | 25.2M | 21.0M | 8.2M |
| Prepayments | 7.6M | 34.9M | 8.8M | 3.2M | 4.4M | 2.7M | 1.8M |
| Inventory | 133.0M | 94.3M | 56.3M | 86.0M | 23.6M | 12.9M | 4.6M |
| Total Current Assets | 1.0B | 1.2B | 1.5B | 292.0M | 280.0M | 54.9M | 19.4M |
| Long Term Equity Investment | 35.0M | 20.0M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 812.0M | 346.0M | 306.0M | 102.0M | 85.7M | 41.7M |
| Fixed Assets Total | 828.0M | 812.0M | 346.0M | 306.0M | 102.0M | 85.7M | 41.7M |
| Construction In Progress | -- | 43.2M | 192.0M | 68.5M | 22.7M | 10.1M | 8.0M |
| Construction In Progress Total | 92.8M | 43.2M | 192.0M | 68.5M | 22.7M | 10.1M | 8.0M |
| Intangible Assets | 24.0M | 23.9M | 24.5M | 25.2M | 25.2M | 111,900 | 13,200 |
| Long Term Deferred Expenses | 9.1M | 9.4M | 13.0M | 7.3M | 6.6M | 4.1M | 5.0M |
| Total Non Current Assets | 1.0B | 947.0M | 618.0M | 440.0M | 171.0M | 120.0M | 61.8M |
| Total Assets | 2.0B | 2.1B | 2.1B | 732.0M | 452.0M | 175.0M | 81.1M |
| Short Term Borrowings | -- | -- | -- | 60.2M | 52.1M | 10.0M | 5.0M |
| Accounts Payable | 81.5M | 98.8M | 40.8M | 84.6M | 9.2M | 6.4M | 2.2M |
| Advance Receipts | -- | -- | -- | 837,100 | 1.2M | 11,800 | 54,600 |
| Contract Liabilities | 134,900 | 19,000 | 10,300 | 55,000 | 101,100 | -- | -- |
| Total Current Liabilities | 123.0M | 134.0M | 96.4M | 241.0M | 85.8M | 36.5M | 17.2M |
| Long Term Borrowings | -- | -- | -- | 20.7M | -- | -- | -- |
| Total Non Current Liabilities | 2.3M | 3.8M | 11.2M | 36.7M | 10.7M | 8.2M | 3.3M |
| Total Liabilities | 125.0M | 138.0M | 108.0M | 278.0M | 96.4M | 44.7M | 20.5M |
| Paid In Capital | 335.0M | 335.0M | 335.0M | 252.0M | 252.0M | 11.1M | 1.0M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 242.0M | 182.0M | 131.0M | 65.0M |
| Surplus Reserve | -- | -- | -- | -- | -- | 5.0M | 1.7M |
| Retained Earnings | -2.1M | -47.2M | -5.7M | -39.0M | -78.3M | -16.7M | -7.1M |
| Equity Attributable | 1.9B | 2.0B | 2.0B | 454.0M | 355.0M | 130.0M | 60.6M |
| Total Equity | 1.9B | 2.0B | 2.0B | 454.0M | 355.0M | 130.0M | 60.6M |
| 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 | 479.0M | 390.0M | 489.0M | 318.0M | 258.0M | 148.0M | 74.7M |
| Tax Refunds Received | 540,800 | 17.5M | 289,200 | 2.8M | 27,200 | 30,300 | 15,600 |
| Total Operating Cash Inflow | 488.0M | 425.0M | 506.0M | 343.0M | 265.0M | 151.0M | 75.2M |
| Cash Paid For Goods | 164.0M | 144.0M | 160.0M | 136.0M | 36.0M | 19.8M | 9.4M |
| Cash Paid To Employees | 175.0M | 141.0M | 140.0M | 103.0M | 48.5M | 33.5M | 13.8M |
| Taxes Paid | 30.1M | 20.2M | 33.3M | 10.7M | 12.6M | 13.5M | 4.2M |
| Total Operating Cash Outflow | 435.0M | 379.0M | 386.0M | 302.0M | 131.0M | 100.0M | 43.1M |
| Operating Cash Flow | 52.9M | 46.7M | 120.0M | 40.6M | 134.0M | 50.4M | 32.1M |
| Total Investing Cash Inflow | 1.5B | 2.3B | 568.0M | 10.9M | 101.0M | 43.7M | 61.0M |
| Total Investing Cash Outflow | 1.4B | 2.3B | 1.9B | 270.0M | 329.0M | 128.0M | 101.0M |
| Investing Cash Flow | 89.8M | -20.3M | -1.3B | -259.0M | -228.0M | -84.2M | -40.1M |
| Cash From Borrowings | -- | -- | 81.9M | 140.0M | 62.0M | 10.0M | 5.0M |
| Dividends And Interest Paid | -- | -- | 4.7M | 3.2M | 16.4M | 2.2M | 93,800 |
| Debt Repayments | -- | -- | 203.0M | 71.3M | 20.0M | 5.0M | -- |
| Total Financing Cash Inflow | -- | -- | 1.5B | 140.0M | 366.0M | 42.5M | 31.1M |
| Total Financing Cash Outflow | 154.0M | 15.7M | 232.0M | 85.5M | 48.0M | 7.2M | 33.8M |
| Financing Cash Flow | -154.0M | -15.7M | 1.3B | 54.6M | 318.0M | 35.3M | -2.7M |
| Net Change In Cash | -8.9M | 11.3M | 117.0M | -164.0M | 223.0M | 1.6M | -10.6M |
| Ending Cash Balance | 182.0M | 191.0M | 179.0M | 61.9M | 225.0M | 2.0M | 389,200 |
| Capex | 161.0M | 387.0M | 201.0M | 267.0M | 76.1M | 84.2M | 40.2M |