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 | 130.0M | 90.8M | 48.2M | 7.7M | 0.00 | 0.00 | 1.1M |
| Revenue Growth % | 43.2% | 88.3% | 529.3% | -- | -- | -100.0% | -- |
| Total Revenue | 130.0M | 90.8M | 48.2M | 7.7M | 0.00 | 0.00 | 1.1M |
| Cost Of Revenue | 22.4M | 16.7M | 8.8M | 578,400 | -- | -- | 203,100 |
| Gross Profit | 107.6M | 74.1M | 39.4M | 7.1M | -- | -- | 890,300 |
| Gross Margin % | 82.8% | 81.6% | 81.7% | 92.4% | -- | -- | 81.4% |
| Total Operating Cost | 583.0M | 539.0M | 315.0M | 280.0M | 96.9M | 127.0M | 167.0M |
| Selling Expenses | 110.0M | 107.0M | 82.5M | 66.2M | 4.4M | -- | -- |
| Admin Expenses | 66.3M | 61.2M | 63.7M | 58.2M | 36.5M | 31.4M | 24.8M |
| Rd Expenses | 369.0M | 345.0M | 150.0M | 152.0M | 54.3M | 95.4M | 142.0M |
| Finance Expenses | 13.4M | 8.1M | 10.1M | 3.2M | 1.5M | -34,700 | -229,500 |
| Operating Income | -434.0M | -411.0M | -223.0M | -256.0M | -96.8M | -125.0M | -150.0M |
| Operating Margin % | -333.8% | -452.8% | -462.6% | -3342.0% | -- | -- | -13718.7% |
| Non Operating Income | -- | -- | 3.7M | 29.9M | 10.5M | 9.3M | -- |
| Non Operating Expenses | 22,900 | 4.2M | 1.1M | 21,600 | 9,900 | 14,600 | 37,100 |
| Fair Value Change Income | 17.1M | 33.3M | 18.5M | 10.5M | -140,500 | -398,200 | 1.1M |
| Asset Disposal Income | 27,500 | 1,500 | 513,700 | -- | -3,900 | -- | 32,000 |
| Asset Impairment Loss | -- | -- | -- | 181,200 | -- | -- | 289,400 |
| Other Income | 1.4M | 3.8M | 25.3M | 6.1M | 251,900 | 2.4M | 14.9M |
| Income Before Tax | -435.0M | -415.0M | -220.0M | -226.0M | -86.3M | -115.0M | -150.0M |
| Income Tax | 6.2M | 6.0M | 5,381 | 38,900 | 5,518 | -- | 5,293 |
| Net Income | -441.0M | -421.0M | -220.0M | -226.0M | -86.3M | -115.0M | -150.0M |
| Net Margin % | -339.2% | -463.8% | -456.4% | -2950.4% | -- | -- | -13718.7% |
| Net Income Attributable | -441.0M | -421.0M | -220.0M | -226.0M | -86.3M | -115.0M | -150.0M |
| Eps Basic | -0.67 | -0.64 | -0.38 | -0.43 | -0.34 | -- | -- |
| Eps Diluted | -0.67 | -0.64 | -0.38 | -0.43 | -0.34 | -- | -- |
| 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 | 386.0M | 166.0M | 151.0M | 146.0M | 227.0M | 22.4M | 20.5M |
| Trading Financial Assets | 207.0M | 787.0M | 1.1B | 326.0M | 410.0M | 30.2M | -- |
| Accounts Receivable | 31.9M | 22.0M | 11.1M | 1.4M | -- | -- | -- |
| Notes And Accounts Receivable | 31.9M | 22.0M | 11.1M | 1.4M | -- | -- | -- |
| Prepayments | 18.7M | 32.1M | 49.2M | 13.8M | 12.5M | 5.4M | 8.0M |
| Inventory | 52.9M | 37.5M | 21.9M | 11.0M | 5.6M | -- | -- |
| Total Current Assets | 749.0M | 1.1B | 1.4B | 510.0M | 662.0M | 63.1M | 37.9M |
| Fixed Assets | -- | 7.5M | 7.1M | 2.5M | 666,900 | 994,700 | 1.5M |
| Fixed Assets Total | 5.8M | 7.5M | 7.1M | 2.5M | 666,900 | 994,700 | 1.5M |
| Construction In Progress | -- | -- | -- | 15.7M | 350,200 | -- | -- |
| Construction In Progress Total | -- | -- | -- | 15.7M | 350,200 | -- | -- |
| Intangible Assets | 1.7M | 1.9M | 2.2M | 838,200 | 132,900 | 125,000 | 156,900 |
| Long Term Deferred Expenses | 19.1M | 21.7M | 22.7M | 1.8M | 2.6M | 3.9M | 5.1M |
| Total Non Current Assets | 100.0M | 114.0M | 127.0M | 139.0M | 6.9M | 5.7M | 7.4M |
| Total Assets | 849.0M | 1.2B | 1.5B | 649.0M | 669.0M | 68.8M | 45.3M |
| Short Term Borrowings | 5.0M | -- | 48.8M | 50.1M | -- | -- | -- |
| Accounts Payable | 74.8M | 79.6M | 25.7M | 10.8M | 10.1M | 27.4M | 52.2M |
| Contract Liabilities | -- | 133,100 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 212.0M | 137.0M | 115.0M | 94.2M | 33.2M | 37.3M | 56.1M |
| Long Term Borrowings | 123.0M | 115.0M | 70.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 198.0M | 198.0M | 168.0M | 116.0M | 15.5M | 82.2M | 4.2M |
| Total Liabilities | 410.0M | 335.0M | 283.0M | 210.0M | 48.7M | 119.0M | 60.3M |
| Paid In Capital | 656.0M | 655.0M | 655.0M | 525.0M | 525.0M | 226.0M | 226.0M |
| Capital Reserve | 1.6B | 1.5B | 1.5B | 637.0M | 591.0M | 511.0M | 432.0M |
| Retained Earnings | -1.8B | -1.4B | -943.0M | -723.0M | -496.0M | -788.0M | -672.0M |
| Equity Attributable | 439.0M | 834.0M | 1.2B | 438.0M | 620.0M | -50.7M | -14.9M |
| Total Equity | 439.0M | 834.0M | 1.2B | 438.0M | 620.0M | -50.7M | -14.9M |
| 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 | 137.0M | 91.4M | 45.1M | 8.0M | -- | -- | 1.1M |
| Tax Refunds Received | -- | 12.8M | 7.3M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 140.0M | 108.0M | 72.9M | 46.3M | 18.3M | 18.7M | 1.7M |
| Cash Paid For Goods | 416.0M | 316.0M | 216.0M | 147.0M | 73.8M | 103.0M | 121.0M |
| Cash Paid To Employees | 111.0M | 105.0M | 88.6M | 70.9M | 30.4M | 26.4M | 24.4M |
| Taxes Paid | 27.0M | 3.0M | 141,700 | 385,000 | 468,100 | 3,414 | 31,200 |
| Total Operating Cash Outflow | 587.0M | 437.0M | 313.0M | 227.0M | 108.0M | 131.0M | 151.0M |
| Operating Cash Flow | -447.0M | -329.0M | -240.0M | -181.0M | -89.3M | -112.0M | -149.0M |
| Total Investing Cash Inflow | 3.0B | 3.9B | 1.5B | 1.8B | 700.0M | -- | 150.0M |
| Total Investing Cash Outflow | 2.5B | 3.6B | 2.2B | 1.8B | 1.1B | 30.1M | 92.9M |
| Investing Cash Flow | 515.0M | 335.0M | -733.0M | 22.2M | -379.0M | -30.1M | 57.2M |
| Cash From Borrowings | 105.0M | 60.0M | 149.0M | 53.2M | 6.6M | 100.0M | -- |
| Dividends And Interest Paid | 6.5M | 4.6M | 3.3M | 697,100 | 2.4M | -- | 56,600 |
| Debt Repayments | 17.0M | 59.8M | 70.0M | 9.7M | -- | 30.0M | 3.5M |
| Total Financing Cash Inflow | 107.0M | 60.0M | 1.1B | 58.3M | 683.0M | 174.0M | 102.0M |
| Total Financing Cash Outflow | 38.9M | 79.6M | 102.0M | 30.7M | 11.0M | 30.0M | 3.6M |
| Financing Cash Flow | 68.1M | -19.6M | 1.0B | 27.7M | 672.0M | 144.0M | 98.1M |
| Net Change In Cash | 136.0M | -13.6M | 55.9M | -131.0M | 204.0M | 1.9M | 6.5M |
| Ending Cash Balance | 273.0M | 137.0M | 151.0M | 95.2M | 227.0M | 22.4M | 20.5M |
| Capex | 914,800 | 7.7M | 12.2M | 22.9M | 799,500 | 113,800 | 5.9M |