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 | 126.0M | 171.0M | 522.0M | 338.0M | 233.0M | 73.9M | 55.8M |
| Revenue Growth % | -26.3% | -67.2% | 54.4% | 45.1% | 215.1% | 32.4% | -- |
| Total Revenue | 126.0M | 171.0M | 522.0M | 338.0M | 233.0M | 73.9M | 55.8M |
| Cost Of Revenue | 55.5M | 60.6M | 157.0M | 93.6M | 53.2M | 23.9M | 18.3M |
| Gross Profit | 70.5M | 110.4M | 365.0M | 244.4M | 179.8M | 50.0M | 37.5M |
| Gross Margin % | 56.0% | 64.6% | 69.9% | 72.3% | 77.1% | 67.7% | 67.2% |
| Total Operating Cost | 315.0M | 305.0M | 338.0M | 210.0M | 118.0M | 66.7M | 54.3M |
| Selling Expenses | 79.6M | 71.5M | 58.7M | 41.1M | 26.5M | 19.8M | 16.9M |
| Admin Expenses | 51.7M | 61.8M | 41.3M | 30.5M | 11.7M | 8.2M | 7.1M |
| Rd Expenses | 99.2M | 88.3M | 74.0M | 38.6M | 23.8M | 13.9M | 11.5M |
| Finance Expenses | -5.1M | -9.9M | -6.8M | 2.8M | 1.1M | 224,900 | 123,700 |
| Operating Income | -164.0M | -99.1M | 196.0M | 145.0M | 126.0M | 8.4M | 5.4M |
| Operating Margin % | -130.2% | -57.9% | 37.5% | 42.9% | 54.1% | 11.3% | 9.7% |
| Non Operating Income | 1.0M | 6.2M | 400.00 | 15,700 | 17,900 | 18,600 | 115,700 |
| Non Operating Expenses | 1.9M | 154,100 | 735,100 | 381,600 | 30,000 | 44,400 | 106,500 |
| Investment Income | 14.6M | 13.3M | 6.4M | 7.1M | 1.8M | 219,100 | 686,400 |
| Fair Value Change Income | 3.6M | 13.4M | 1.6M | 419,300 | 1.5M | 36,500 | -95,600 |
| Asset Disposal Income | 185,400 | 1.2M | -513,700 | 1.3M | -- | -- | -- |
| Asset Impairment Loss | 9.6M | 10.8M | 3.7M | 1.2M | 23,600 | 56,300 | 167,800 |
| Other Income | 6.7M | 6.8M | 5.6M | 8.0M | 7.9M | 905,000 | 3.3M |
| Income Before Tax | -165.0M | -93.0M | 195.0M | 145.0M | 126.0M | 8.4M | 5.4M |
| Income Tax | -3.3M | -9.2M | 24.8M | 18.7M | 18.3M | -617,100 | -1.1M |
| Net Income | -161.0M | -83.7M | 171.0M | 126.0M | 108.0M | 9.0M | 6.6M |
| Net Margin % | -127.8% | -49.0% | 32.8% | 37.3% | 46.4% | 12.1% | 11.8% |
| Net Income Attributable | -157.0M | -84.4M | 159.0M | 126.0M | 108.0M | 9.0M | 6.6M |
| Minority Interest | -4.2M | 665,800 | 11.3M | -- | -- | -- | -- |
| Eps Basic | -1.41 | -0.75 | 1.72 | 1.80 | 1.85 | 0.20 | 0.15 |
| Eps Diluted | -1.41 | -0.75 | 1.72 | 1.79 | 1.85 | 0.20 | 0.15 |
| 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 | 255.0M | 348.0M | 1.0B | 128.0M | 38.8M | 3.9M | 4.1M |
| Trading Financial Assets | 417.0M | 545.0M | 403.0M | 233.0M | 303.0M | 5.5M | 15.4M |
| Accounts Receivable | 41.7M | 56.8M | 129.0M | 36.6M | 25.9M | 9.5M | 7.8M |
| Notes Receivable | 1.6M | 2.1M | 670,700 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 43.3M | 59.0M | 130.0M | 36.6M | 25.9M | 9.5M | 7.8M |
| Prepayments | 5.6M | 5.3M | 7.2M | 5.4M | 3.7M | 2.9M | 2.1M |
| Inventory | 45.9M | 32.0M | 52.5M | 32.6M | 24.2M | 18.1M | 10.7M |
| Total Current Assets | 833.0M | 1.1B | 1.6B | 438.0M | 397.0M | 44.9M | 40.7M |
| Fixed Assets | -- | 372.0M | 102.0M | 57.1M | 29.6M | 20.6M | 15.4M |
| Fixed Assets Total | 366.0M | 372.0M | 102.0M | 57.1M | 29.6M | 20.6M | 15.4M |
| Construction In Progress | -- | -- | 111.0M | 64.8M | 605,000 | -- | -- |
| Construction In Progress Total | 369,200 | -- | 111.0M | 64.8M | 605,000 | -- | -- |
| Intangible Assets | 50.0M | 29.8M | 29.4M | 30.2M | 650,000 | 922,200 | 150,900 |
| Long Term Deferred Expenses | 20.7M | 24.8M | 11.4M | 13.8M | 9.3M | 11.0M | 12.6M |
| Total Non Current Assets | 785.0M | 738.0M | 329.0M | 211.0M | 48.3M | 40.0M | 34.5M |
| Total Assets | 1.6B | 1.8B | 2.0B | 649.0M | 446.0M | 84.9M | 75.2M |
| Short Term Borrowings | 6.0M | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 31.9M | 47.5M | 44.1M | 17.8M | 6.3M | 3.8M | 2.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.2M | 2.1M |
| Contract Liabilities | 9.6M | 4.5M | 5.8M | 10.3M | 7.5M | -- | -- |
| Total Current Liabilities | 84.0M | 84.9M | 93.1M | 60.4M | 25.9M | 17.8M | 19.4M |
| Total Non Current Liabilities | 47.8M | 57.8M | 70.5M | 40.1M | 5.8M | 967,900 | 905,600 |
| Total Liabilities | 132.0M | 143.0M | 164.0M | 101.0M | 31.6M | 18.8M | 20.3M |
| Paid In Capital | 112.0M | 112.0M | 93.5M | 69.9M | 69.9M | 15.0M | 15.0M |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 344.0M | 336.0M | 15.7M | 13.5M |
| Surplus Reserve | 19.3M | 19.3M | 19.3M | 9.1M | 1.1M | 7.5M | 6.1M |
| Retained Earnings | -16.4M | 141.0M | 274.0M | 125.0M | 6.9M | 27.7M | 20.2M |
| Minority Equity | 20.6M | 15.9M | 11.3M | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.7B | 1.8B | 548.0M | 414.0M | 66.1M | 54.9M |
| Total Equity | 1.5B | 1.7B | 1.8B | 548.0M | 414.0M | 66.1M | 54.9M |
| 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 | 131.0M | 227.0M | 412.0M | 336.0M | 226.0M | 74.4M | 54.7M |
| Tax Refunds Received | -- | -- | 114,500 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 146.0M | 254.0M | 446.0M | 349.0M | 252.0M | 80.6M | 61.2M |
| Cash Paid For Goods | 54.0M | 62.6M | 146.0M | 81.9M | 40.6M | 28.0M | 19.7M |
| Cash Paid To Employees | 155.0M | 137.0M | 111.0M | 69.5M | 33.8M | 27.4M | 23.2M |
| Taxes Paid | 5.7M | 23.4M | 36.8M | 17.6M | 20.3M | 5.9M | 3.3M |
| Total Operating Cash Outflow | 260.0M | 265.0M | 339.0M | 204.0M | 143.0M | 78.2M | 55.4M |
| Operating Cash Flow | -113.0M | -11.7M | 107.0M | 145.0M | 109.0M | 2.3M | 5.9M |
| Total Investing Cash Inflow | 1.2B | 1.9B | 1.0B | 1.2B | 331.0M | 18.2M | 23.7M |
| Total Investing Cash Outflow | 1.1B | 2.6B | 1.3B | 1.2B | 645.0M | 19.2M | 34.3M |
| Investing Cash Flow | 74.2M | -621.0M | -264.0M | -47.0M | -315.0M | -935,300 | -10.6M |
| Cash From Borrowings | 6.0M | -- | -- | -- | 52.0M | 32.6M | -- |
| Dividends And Interest Paid | 3.9M | 50.7M | -- | -- | 32.6M | 139,000 | -- |
| Debt Repayments | -- | -- | -- | -- | 52.0M | 32.6M | -- |
| Total Financing Cash Inflow | 9.1M | 6.0M | 1.1B | -- | 327.0M | 32.6M | -- |
| Total Financing Cash Outflow | 62.0M | 58.3M | 24.6M | 7.8M | 85.5M | 34.2M | 609,000 |
| Financing Cash Flow | -52.9M | -52.3M | 1.1B | -7.8M | 242.0M | -1.6M | -609,000 |
| Net Change In Cash | -91.8M | -684.0M | 904.0M | 89.0M | 34.9M | -172,300 | -5.3M |
| Ending Cash Balance | 255.0M | 347.0M | 1.0B | 128.0M | 38.8M | 3.9M | 4.1M |
| Capex | 48.4M | 159.0M | 100.0M | 124.0M | 13.5M | 11.1M | 10.7M |