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 | 585.0M | 525.0M | 522.0M | 371.0M | 265.0M | 134.0M | 109.0M |
| Revenue Growth % | 11.4% | 0.6% | 40.7% | 40.0% | 97.8% | 22.9% | -- |
| Total Revenue | 585.0M | 525.0M | 522.0M | 371.0M | 265.0M | 134.0M | 109.0M |
| Cost Of Revenue | 252.0M | 233.0M | 250.0M | 188.0M | 94.6M | 72.7M | 40.9M |
| Gross Profit | 333.0M | 292.0M | 272.0M | 183.0M | 170.4M | 61.3M | 68.1M |
| Gross Margin % | 56.9% | 55.6% | 52.1% | 49.3% | 64.3% | 45.7% | 62.5% |
| Total Operating Cost | 553.0M | 494.0M | 436.0M | 299.0M | 171.0M | 127.0M | 89.8M |
| Selling Expenses | 80.7M | 69.8M | 56.4M | 27.1M | 18.8M | 14.1M | 10.6M |
| Admin Expenses | 60.8M | 50.3M | 41.8M | 24.8M | 19.6M | 16.2M | 12.6M |
| Rd Expenses | 127.0M | 117.0M | 74.5M | 45.8M | 32.8M | 20.1M | 16.1M |
| Finance Expenses | -11.0M | -16.5M | -2.1M | 955,200 | -3.8M | -1.3M | -237,000 |
| Operating Income | 88.2M | 67.1M | 118.0M | 82.8M | 99.4M | 9.0M | 23.4M |
| Operating Margin % | 15.1% | 12.8% | 22.6% | 22.3% | 37.5% | 6.7% | 21.5% |
| Non Operating Income | 156,400 | 5.0M | 1.1M | 115,600 | 296,000 | 550,000 | -- |
| Non Operating Expenses | 465,600 | 136,400 | 439,000 | 1.3M | 4,100 | 5,000 | 200.00 |
| Investment Income | 31.6M | 16.7M | 2.3M | 1.4M | 637,700 | -81,000 | 242,000 |
| Fair Value Change Income | 1.8M | 1.7M | 1.2M | 869,100 | 46,200 | -- | -- |
| Asset Disposal Income | -751,400 | -98,800 | 1,700 | -3,100 | 20,700 | -- | -- |
| Asset Impairment Loss | 26.3M | 28.8M | 8.5M | 3.1M | 8.2M | 2.9M | 8.0M |
| Other Income | 23.7M | 17.2M | 27.7M | 8.4M | 5.3M | 1.7M | 4.2M |
| Income Before Tax | 87.9M | 72.0M | 119.0M | 81.6M | 99.6M | 9.5M | 23.4M |
| Income Tax | 3.0M | 7.5M | 8.9M | 8.8M | 12.4M | -544,000 | 291,000 |
| Net Income | 84.9M | 64.5M | 110.0M | 72.8M | 87.2M | 10.0M | 23.1M |
| Net Margin % | 14.5% | 12.3% | 21.1% | 19.6% | 32.9% | 7.5% | 21.2% |
| Net Income Attributable | 85.9M | 66.5M | 111.0M | 69.3M | 89.3M | 9.6M | 23.7M |
| Minority Interest | -995,900 | -2.0M | -1.1M | 3.6M | -2.1M | 421,900 | -613,400 |
| Eps Basic | 0.76 | 0.58 | 1.11 | 1.21 | -- | -- | -- |
| Eps Diluted | 0.76 | 0.58 | 1.11 | 1.21 | -- | -- | -- |
| 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 | 852.0M | 1.2B | 959.0M | 101.0M | 51.2M | 9.0M | 5.0M |
| Trading Financial Assets | 312.0M | 267.0M | 563.0M | 50.9M | 8.0M | -- | -- |
| Accounts Receivable | 337.0M | 194.0M | 103.0M | 87.5M | 35.6M | 48.1M | 35.7M |
| Notes Receivable | 90.6M | 48.0M | 77.6M | 75.8M | 17.0M | 11.2M | 10.2M |
| Notes And Accounts Receivable | 427.0M | 242.0M | 181.0M | 163.0M | 52.7M | 59.3M | 45.9M |
| Prepayments | 6.8M | 5.4M | 6.8M | 14.6M | 3.1M | 4.3M | 4.6M |
| Inventory | 174.0M | 227.0M | 259.0M | 187.0M | 91.7M | 47.9M | 34.4M |
| Total Current Assets | 1.9B | 2.1B | 2.0B | 559.0M | 220.0M | 169.0M | 139.0M |
| Long Term Equity Investment | 486,400 | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 52.3M | 41.6M | 27.3M | 22.9M | 18.8M | 18.1M |
| Fixed Assets Total | 58.9M | 52.3M | 41.6M | 27.3M | 22.9M | 18.8M | 18.1M |
| Construction In Progress | -- | 1.4M | 250,100 | -- | -- | 2.3M | -- |
| Construction In Progress Total | 3.2M | 1.4M | 250,100 | -- | -- | 2.3M | -- |
| Intangible Assets | 125.0M | 20.2M | 19.7M | 12.9M | 12.7M | 12.9M | 13.2M |
| Long Term Deferred Expenses | 13.5M | 5.6M | 5.3M | 4.3M | 459,100 | 445,700 | 678,200 |
| Total Non Current Assets | 252.0M | 121.0M | 111.0M | 72.7M | 44.0M | 39.2M | 36.1M |
| Total Assets | 2.1B | 2.2B | 2.1B | 632.0M | 264.0M | 208.0M | 175.0M |
| Short Term Borrowings | 210.0M | 226.0M | 135.0M | 7.5M | 22.5M | 7.5M | -- |
| Accounts Payable | 67.3M | 40.0M | 49.2M | 75.3M | 29.4M | 19.4M | 9.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.6M | 17.9M |
| Contract Liabilities | 31.0M | 63.0M | 108.0M | 105.0M | 46.4M | -- | -- |
| Total Current Liabilities | 424.0M | 407.0M | 371.0M | 273.0M | 159.0M | 58.9M | 36.3M |
| Total Non Current Liabilities | 10.0M | 13.5M | 17.5M | 14.1M | 905,700 | 679,000 | 806,700 |
| Total Liabilities | 434.0M | 421.0M | 389.0M | 287.0M | 160.0M | 59.6M | 37.1M |
| Paid In Capital | 115.0M | 115.0M | 82.0M | 61.5M | 52.9M | 52.9M | 52.9M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 218.0M | 25.6M | 25.2M | 25.1M |
| Surplus Reserve | 28.1M | 20.8M | 15.8M | 6.0M | 17.0M | 7.8M | 7.1M |
| Retained Earnings | 192.0M | 136.0M | 157.0M | 55.7M | 9.6M | 61.8M | 52.9M |
| Minority Equity | 18,200 | -35,900 | 2.0M | 3.2M | -1.4M | 630,500 | 208,600 |
| Equity Attributable | 1.7B | 1.8B | 1.8B | 341.0M | 105.0M | 148.0M | 138.0M |
| Total Equity | 1.7B | 1.8B | 1.8B | 344.0M | 104.0M | 148.0M | 138.0M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 324.0M | 358.0M | 407.0M | 264.0M | 296.0M | 100.0M | 122.0M |
| Tax Refunds Received | 58,000 | 521,300 | 5.0M | 429,800 | -- | 63,500 | -- |
| Total Operating Cash Inflow | 365.0M | 401.0M | 446.0M | 273.0M | 304.0M | 104.0M | 127.0M |
| Cash Paid For Goods | 137.0M | 118.0M | 255.0M | 179.0M | 105.0M | 47.1M | 52.4M |
| Cash Paid To Employees | 193.0M | 180.0M | 117.0M | 60.7M | 38.4M | 31.6M | 23.0M |
| Taxes Paid | 27.9M | 46.7M | 32.1M | 39.0M | 22.2M | 6.5M | 17.4M |
| Total Operating Cash Outflow | 420.0M | 392.0M | 442.0M | 304.0M | 191.0M | 107.0M | 107.0M |
| Operating Cash Flow | -54.4M | 9.8M | 4.0M | -30.6M | 112.0M | -3.5M | 19.4M |
| Total Investing Cash Inflow | 16.8M | 315.0M | 3.6M | 5.6M | 134.0M | 26.4M | 462,300 |
| Total Investing Cash Outflow | 194.0M | 34.1M | 556.0M | 55.8M | 102.0M | 26.4M | 58.6M |
| Investing Cash Flow | -177.0M | 281.0M | -553.0M | -50.2M | 32.2M | -9,312 | -58.2M |
| Cash From Borrowings | 247.0M | 227.0M | 202.0M | 12.5M | 22.5M | 15.5M | -- |
| Dividends And Interest Paid | 29.4M | 87.3M | 2.2M | 16.1M | 118.0M | 515,000 | 5.2M |
| Debt Repayments | 252.0M | 136.0M | 75.0M | 27.5M | 7.5M | 8.0M | 5.0M |
| Total Financing Cash Inflow | 257.0M | 229.0M | 1.5B | 176.0M | 22.5M | 15.5M | 31.8M |
| Total Financing Cash Outflow | 423.0M | 230.0M | 129.0M | 47.6M | 129.0M | 8.6M | 10.2M |
| Financing Cash Flow | -166.0M | -379,600 | 1.4B | 129.0M | -106.0M | 6.9M | 21.7M |
| Net Change In Cash | -398.0M | 290.0M | 863.0M | 48.5M | 38.6M | 4.0M | -16.9M |
| Ending Cash Balance | 851.0M | 1.2B | 959.0M | 96.0M | 47.5M | 9.0M | 5.0M |
| Capex | 134.0M | 34.1M | 34.3M | 13.1M | 4.4M | 4.9M | 12.1M |