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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 190.0M | 243.0M | 197.0M | 160.0M | 129.0M | 102.0M | 63.5M | 45.7M | 15.7M | 2.3M | 1.0M |
| Revenue Growth % | -21.8% | 23.4% | 23.1% | 24.0% | 26.5% | 60.6% | 38.8% | 191.5% | 576.6% | 124.1% | -- |
| Total Revenue | 190.0M | 243.0M | 197.0M | 160.0M | 129.0M | 102.0M | 63.5M | 45.7M | 15.7M | 2.3M | 1.0M |
| Cost Of Revenue | 25.5M | 40.1M | 25.9M | 23.0M | 17.0M | 21.2M | 18.1M | 13.0M | 3.8M | 811,900 | 39,900 |
| Gross Profit | 164.5M | 202.9M | 171.1M | 137.0M | 112.0M | 80.8M | 45.4M | 32.7M | 11.9M | 1.5M | 995,000 |
| Gross Margin % | 86.6% | 83.5% | 86.9% | 85.6% | 86.8% | 79.2% | 71.5% | 71.5% | 76.0% | 65.0% | 96.1% |
| Total Operating Cost | 248.0M | 229.0M | 178.0M | 142.0M | 106.0M | 97.1M | 85.3M | 39.1M | 16.9M | 4.1M | 700,400 |
| Selling Expenses | 81.5M | 73.4M | 56.0M | 47.0M | 34.6M | 32.9M | 27.9M | 9.8M | 5.3M | 751,200 | 59,500 |
| Admin Expenses | 13.4M | 13.7M | 12.3M | 12.3M | 10.0M | 8.4M | 15.5M | 14.5M | 7.3M | 2.5M | 554,500 |
| Rd Expenses | 107.0M | 90.9M | 72.4M | 56.6M | 41.2M | 32.6M | 22.0M | -- | -- | -- | -- |
| Finance Expenses | -1.9M | -4.2M | -1.1M | -1.4M | 376,300 | -171,100 | -115,400 | -82,300 | -34,200 | -44,900 | 100.00 |
| Operating Income | -28.7M | 37.8M | 35.4M | 34.1M | 40.4M | 18.1M | -9.5M | 7.0M | -755,700 | -1.7M | 334,500 |
| Operating Margin % | -15.1% | 15.6% | 18.0% | 21.3% | 31.3% | 17.7% | -15.0% | 15.4% | -4.8% | -72.3% | 32.3% |
| Non Operating Income | -2.2M | 5.2M | 91,700 | 69,300 | 4.00 | 2.00 | 400.00 | 3.3M | 874,500 | 106,200 | 76,900 |
| Non Operating Expenses | 70,000 | 86,700 | 7,400 | 716,600 | 97,300 | 13,500 | -- | 11,200 | 86,300 | 3,300 | 2,100 |
| Investment Income | 14.0M | 9.8M | 3.8M | 4.8M | 4.7M | 2.3M | 2.2M | 390,000 | 497,700 | 55,700 | -- |
| Asset Disposal Income | -3,600 | 258,900 | 42,400 | -300.00 | 138,800 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 154,900 | -- | -- | -- | -- | -- | 489,000 | 1.1M | 364,000 | 7,100 | 20,000 |
| Other Income | 14.4M | 13.6M | 13.0M | 11.9M | 13.4M | 10.8M | 10.1M | -- | -- | -- | -- |
| Income Before Tax | -31.1M | 43.0M | 35.5M | 33.5M | 40.3M | 18.1M | -9.5M | 10.3M | 32,400 | -1.6M | 409,300 |
| Income Tax | -2.5M | -1.5M | -1.5M | -446,000 | -281,900 | -142,500 | -73,400 | -- | -- | -- | -- |
| Net Income | -28.6M | 44.5M | 37.0M | 33.9M | 40.6M | 18.2M | -9.4M | 10.3M | 32,400 | -1.6M | 409,300 |
| Net Margin % | -15.0% | 18.3% | 18.8% | 21.2% | 31.5% | 17.9% | -14.8% | 22.6% | 0.2% | -67.9% | 39.5% |
| Net Income Attributable | -28.6M | 44.5M | 37.0M | 33.9M | 40.6M | 18.2M | -9.4M | 10.3M | 32,400 | -1.6M | 409,300 |
| Eps Basic | -0.34 | 0.54 | 0.59 | 0.54 | 0.67 | 0.32 | -0.17 | 0.41 | 0.00 | -0.38 | 0.41 |
| Eps Diluted | -0.34 | 0.54 | 0.59 | 0.54 | 0.67 | 0.32 | -0.17 | 0.41 | 0.00 | -0.38 | 0.41 |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 501.0M | 567.0M | 247.0M | 259.0M | 231.0M | 2.1M | 18.1M | 19.0M | 8.6M | 5.3M | 168,400 |
| Trading Financial Assets | 280.0M | 294.0M | -- | 2,800 | 14.0M | 160.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 210.0M | 210.0M | 153.0M | 92.7M | 60.1M | 34.9M | 21.4M | 25.8M | 6.9M | 304,400 | 284,900 |
| Notes Receivable | 450,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 210.0M | 210.0M | 153.0M | 92.7M | 60.1M | 34.9M | 21.4M | 25.8M | 6.9M | 304,400 | 284,900 |
| Prepayments | 1.1M | 1.7M | 3.1M | 2.0M | 1.7M | 1.0M | 668,900 | 944,500 | 425,800 | 113,800 | -- |
| Inventory | 2.7M | 3.3M | 3.0M | 2.2M | 2.0M | 1.2M | 1.0M | 416,900 | 241,700 | -- | -- |
| Total Current Assets | 1.1B | 1.2B | 407.0M | 357.0M | 316.0M | 205.0M | 96.0M | 52.6M | 34.7M | 5.9M | 548,400 |
| Fixed Assets | -- | 86.7M | 44.6M | 8.1M | 4.5M | 3.7M | 3.1M | 720,800 | 343,200 | 16,000 | 13,200 |
| Fixed Assets Total | 79.8M | 86.7M | 44.6M | 8.1M | 4.5M | 3.7M | 3.1M | 720,800 | 343,200 | 16,000 | 13,200 |
| Intangible Assets | 931,300 | 533,900 | 330,200 | 426,000 | 51,300 | 139,100 | 223,400 | 281,200 | 353,000 | -- | -- |
| Long Term Deferred Expenses | 1.7M | 1.9M | 797,700 | 675,900 | 1.1M | 1.6M | 719,500 | -- | -- | -- | -- |
| Total Non Current Assets | 95.0M | 95.4M | 51.1M | 49.5M | 47.3M | 47.8M | 8.1M | 1.0M | 696,200 | 16,000 | 13,200 |
| Total Assets | 1.2B | 1.3B | 458.0M | 407.0M | 363.0M | 253.0M | 104.0M | 53.6M | 35.4M | 5.9M | 561,600 |
| Accounts Payable | 13.4M | 22.9M | 11.2M | 8.1M | 6.1M | 25.7M | 2.5M | 5.2M | 816,900 | 21,100 | -- |
| Advance Receipts | -- | -- | -- | -- | 126,800 | 5.6M | 6.4M | 388,900 | 710,300 | 90,000 | -- |
| Contract Liabilities | 36.8M | 30.6M | 21.7M | 13.6M | 9.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 77.4M | 81.7M | 63.4M | 47.9M | 38.9M | 48.0M | 23.8M | 12.4M | 4.1M | 934,200 | 212,100 |
| Total Non Current Liabilities | 280,900 | 655,400 | -- | 1.2M | 500,000 | 1.9M | 1.2M | 914,300 | 1.3M | -- | -- |
| Total Liabilities | 77.6M | 82.4M | 63.4M | 49.1M | 39.4M | 50.0M | 25.1M | 13.3M | 5.4M | 934,200 | 212,100 |
| Paid In Capital | 83.5M | 83.5M | 62.6M | 62.6M | 62.6M | 60.1M | 55.2M | 25.0M | 25.0M | 7.2M | 1.0M |
| Capital Reserve | 944.0M | 943.0M | 230.0M | 230.0M | 230.0M | 152.0M | 51.4M | 3.2M | 3.2M | -- | -- |
| Surplus Reserve | 16.9M | 16.9M | 12.4M | 8.7M | 5.4M | 2.5M | 2.5M | 1.2M | 186,200 | -- | -- |
| Retained Earnings | 101.0M | 129.0M | 89.3M | 56.0M | 25.5M | -12.3M | -30.1M | 10.9M | 1.6M | -2.2M | -650,500 |
| Equity Attributable | 1.1B | 1.2B | 394.0M | 357.0M | 323.0M | 203.0M | 79.1M | 40.3M | 30.0M | 5.0M | 349,500 |
| Total Equity | 1.1B | 1.2B | 394.0M | 357.0M | 323.0M | 203.0M | 79.1M | 40.3M | 30.0M | 5.0M | 349,500 |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 200.0M | 214.0M | 157.0M | 160.0M | 128.0M | 109.0M | 71.4M | 32.6M | 12.0M | 2.8M | 883,400 |
| Tax Refunds Received | 9.9M | 10.9M | 10.7M | 18.6M | 3.4M | 8.6M | 7.8M | 2.0M | 691,500 | 104,200 | 74,000 |
| Total Operating Cash Inflow | 220.0M | 237.0M | 174.0M | 185.0M | 144.0M | 122.0M | 83.2M | 36.1M | 14.1M | 4.5M | 1.8M |
| Cash Paid For Goods | 36.6M | 35.0M | 22.9M | 34.7M | 29.1M | 26.8M | 18.5M | 7.3M | 2.2M | 71,000 | 8,200 |
| Cash Paid To Employees | 164.0M | 149.0M | 119.0M | 98.5M | 68.2M | 56.5M | 40.6M | 17.5M | 7.8M | 2.4M | 558,600 |
| Taxes Paid | 24.2M | 24.3M | 22.3M | 17.1M | 10.1M | 17.0M | 14.2M | 4.8M | 1.5M | 569,700 | 165,000 |
| Total Operating Cash Outflow | 258.0M | 234.0M | 182.0M | 170.0M | 124.0M | 116.0M | 89.5M | 38.6M | 18.8M | 5.6M | 1.7M |
| Operating Cash Flow | -38.2M | 3.3M | -8.0M | 14.7M | 19.7M | 5.8M | -6.2M | -2.5M | -4.7M | -1.1M | 158,600 |
| Total Investing Cash Inflow | 1.8B | 2.1B | 776.0M | 1.1B | 1.2B | 559.0M | 165.0M | 53.4M | 77.8M | 10.6M | -- |
| Total Investing Cash Outflow | 1.9B | 2.5B | 776.0M | 1.1B | 1.1B | 687.0M | 181.0M | 40.6M | 94.8M | 10.5M | 15,900 |
| Investing Cash Flow | -77.9M | -414.0M | -410,800 | 16.4M | 129.0M | -128.0M | -15.6M | 12.8M | -17.0M | 28,300 | -15,900 |
| Cash From Borrowings | -- | -- | -- | -- | 18.0M | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | -- | -- | -- | -- | 392,500 | -- | -- | -- | -- | -- | -- |
| Debt Repayments | -- | -- | -- | -- | 18.0M | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 757.0M | -- | -- | 98.0M | 106.0M | -- | -- | 25.0M | 6.2M | -- |
| Total Financing Cash Outflow | 33.6M | 26.2M | 3.6M | 3.0M | 18.4M | -- | -- | -- | -- | -- | -- |
| Financing Cash Flow | -33.6M | 731.0M | -3.6M | -3.0M | 79.6M | 106.0M | -- | 0.00 | 25.0M | 6.2M | -- |
| Net Change In Cash | -150.0M | 320.0M | -12.0M | 28.1M | 228.0M | -16.0M | -21.8M | 10.3M | 3.3M | 5.1M | 142,700 |
| Ending Cash Balance | 417.0M | 567.0M | 247.0M | 259.0M | 231.0M | 2.1M | 18.1M | 18.9M | 8.6M | 5.3M | 168,400 |
| Capex | 3.1M | 50.1M | 4.4M | 2.4M | 21.9M | 22.2M | 3.8M | 553,600 | 841,700 | 27,400 | 15,900 |