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 |
|---|---|---|---|---|---|---|
| Revenue | 182.0M | 304.0M | 301.0M | 280.0M | 195.0M | 115.0M |
| Revenue Growth % | -40.1% | 1.0% | 7.5% | 43.6% | 69.6% | -- |
| Total Revenue | 182.0M | 304.0M | 301.0M | 280.0M | 195.0M | 115.0M |
| Cost Of Revenue | 84.2M | 134.0M | 125.0M | 113.0M | 84.1M | 45.6M |
| Gross Profit | 97.8M | 170.0M | 176.0M | 167.0M | 110.9M | 69.4M |
| Gross Margin % | 53.7% | 55.9% | 58.5% | 59.6% | 56.9% | 60.4% |
| Total Operating Cost | 256.0M | 277.0M | 235.0M | 221.0M | 164.0M | 103.0M |
| Selling Expenses | 56.7M | 52.5M | 48.8M | 54.7M | 42.4M | 27.5M |
| Admin Expenses | 17.5M | 16.3M | 14.2M | 12.7M | 10.6M | 10.4M |
| Rd Expenses | 65.7M | 48.6M | 34.1M | 29.1M | 22.8M | 20.6M |
| Finance Expenses | 686,800 | 1.6M | 1.4M | 592,800 | -434,400 | 557,000 |
| Operating Income | -56.4M | 45.5M | 75.6M | 71.9M | 39.1M | 16.0M |
| Operating Margin % | -31.0% | 15.0% | 25.1% | 25.7% | 20.0% | 13.9% |
| Non Operating Income | 689,700 | 2.6M | 346,200 | 1.8M | 391,800 | 919,000 |
| Non Operating Expenses | 29,000 | 43,500 | 49.00 | 27,900 | 30,900 | 8,800 |
| Investment Income | 11.1M | 7.1M | -16,100 | 373,200 | -73,500 | 81,800 |
| Fair Value Change Income | -- | -- | -- | 50,800 | 10,100 | -- |
| Asset Disposal Income | -10,900 | -- | -- | 2,000 | -6,300 | 16,800 |
| Asset Impairment Loss | 4.4M | 2.2M | 2.0M | 1.2M | 889,300 | 193,600 |
| Other Income | 5.8M | 10.7M | 10.0M | 12.6M | 8.3M | 4.3M |
| Income Before Tax | -55.8M | 48.1M | 76.0M | 73.7M | 39.4M | 16.9M |
| Income Tax | 11.8M | 1.1M | 6.8M | 7.6M | 4.2M | 560,000 |
| Net Income | -67.6M | 47.0M | 69.1M | 66.1M | 35.2M | 16.4M |
| Net Margin % | -37.1% | 15.4% | 23.0% | 23.6% | 18.1% | 14.2% |
| Net Income Attributable | -67.6M | 47.0M | 69.1M | 66.1M | 35.2M | 16.4M |
| Eps Basic | -1.02 | 0.83 | 1.40 | 1.33 | 0.71 | 0.33 |
| Eps Diluted | -1.02 | 0.83 | 1.40 | 1.33 | 0.71 | 0.33 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 216.0M | 229.0M | 59.6M | 18.1M | 31.1M | 26.8M |
| Trading Financial Assets | -- | -- | -- | 40.1M | 12.0M | -- |
| Accounts Receivable | 316.0M | 345.0M | 240.0M | 185.0M | 113.0M | 87.4M |
| Notes Receivable | 3.4M | 970,900 | 4.8M | 13.5M | 16.5M | 5.3M |
| Notes And Accounts Receivable | 319.0M | 346.0M | 245.0M | 199.0M | 130.0M | 92.8M |
| Prepayments | 911,100 | 1.7M | 1.0M | 1.3M | 1.7M | 2.0M |
| Inventory | 97.6M | 44.7M | 60.9M | 65.2M | 51.0M | 36.7M |
| Total Current Assets | 698.0M | 876.0M | 387.0M | 333.0M | 238.0M | 166.0M |
| Fixed Assets | -- | 2.5M | 1.9M | 1.9M | 1.2M | 883,900 |
| Fixed Assets Total | 3.9M | 2.5M | 1.9M | 1.9M | 1.2M | 883,900 |
| Construction In Progress | -- | 59.1M | 4.4M | -- | -- | -- |
| Construction In Progress Total | 212.0M | 59.1M | 4.4M | -- | -- | -- |
| Intangible Assets | 40.6M | 42.2M | 43.8M | 207,400 | 250,300 | 268,300 |
| Long Term Deferred Expenses | -- | -- | 88,600 | 367,200 | 63,800 | 117,900 |
| Total Non Current Assets | 589.0M | 434.0M | 74.6M | 31.2M | 18.8M | 11.1M |
| Total Assets | 1.3B | 1.3B | 461.0M | 364.0M | 257.0M | 177.0M |
| Short Term Borrowings | 83.6M | 90.3M | 77.9M | 21.0M | 18.0M | 26.0M |
| Accounts Payable | 129.0M | 73.7M | 74.6M | 64.9M | 47.4M | 23.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 22.1M |
| Contract Liabilities | 26.7M | 10.6M | 10.5M | 43.1M | 36.8M | -- |
| Total Current Liabilities | 270.0M | 213.0M | 200.0M | 174.0M | 134.0M | 90.5M |
| Total Non Current Liabilities | 1.1M | 728,300 | 277,400 | 209,000 | 1,500 | -- |
| Total Liabilities | 271.0M | 214.0M | 200.0M | 174.0M | 134.0M | 90.5M |
| Paid In Capital | 66.0M | 66.0M | 49.5M | 49.5M | 49.5M | 33.2M |
| Capital Reserve | 803.0M | 802.0M | 29.4M | 28.1M | 26.6M | 66.7M |
| Surplus Reserve | 13.4M | 13.4M | 11.3M | 5.3M | -- | 1.9M |
| Retained Earnings | 133.0M | 215.0M | 171.0M | 107.0M | 46.7M | -15.4M |
| Equity Attributable | 1.0B | 1.1B | 261.0M | 190.0M | 123.0M | 86.4M |
| Total Equity | 1.0B | 1.1B | 261.0M | 190.0M | 123.0M | 86.4M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 210.0M | 228.0M | 246.0M | 243.0M | 185.0M | 115.0M |
| Tax Refunds Received | 2.3M | 8.2M | 8.8M | 10.9M | 7.8M | 3.2M |
| Total Operating Cash Inflow | 218.0M | 243.0M | 258.0M | 259.0M | 201.0M | 120.0M |
| Cash Paid For Goods | 112.0M | 121.0M | 127.0M | 111.0M | 77.4M | 51.6M |
| Cash Paid To Employees | 103.0M | 87.2M | 69.6M | 58.4M | 44.6M | 39.4M |
| Taxes Paid | 10.3M | 27.1M | 27.7M | 30.8M | 25.7M | 13.3M |
| Total Operating Cash Outflow | 272.0M | 283.0M | 256.0M | 241.0M | 178.0M | 128.0M |
| Operating Cash Flow | -54.6M | -39.6M | 2.1M | 17.5M | 23.0M | -7.2M |
| Total Investing Cash Inflow | 479.0M | 58.4M | 55.1M | 161.0M | 101.0M | 101,400 |
| Total Investing Cash Outflow | 410.0M | 642.0M | 64.2M | 191.0M | 114.0M | 862,800 |
| Investing Cash Flow | 68.5M | -584.0M | -9.1M | -29.4M | -12.6M | -761,400 |
| Cash From Borrowings | 114.0M | 170.0M | 77.3M | 26.0M | 19.0M | 27.0M |
| Dividends And Interest Paid | 17.2M | 3.5M | 1.2M | 834,800 | 1.1M | 872,800 |
| Debt Repayments | 120.0M | 157.0M | 21.0M | 23.0M | 27.0M | 9.0M |
| Total Financing Cash Inflow | 114.0M | 977.0M | 77.3M | 26.0M | 19.0M | 27.0M |
| Total Financing Cash Outflow | 140.0M | 184.0M | 25.7M | 25.8M | 28.1M | 9.9M |
| Financing Cash Flow | -26.8M | 793.0M | 51.6M | 231,600 | -9.1M | 17.1M |
| Net Change In Cash | -12.9M | 169.0M | 44.6M | -11.6M | 1.2M | 9.1M |
| Ending Cash Balance | 216.0M | 229.0M | 59.6M | 15.0M | 26.6M | 25.4M |
| Capex | 132.0M | 49.4M | 49.2M | 1.8M | 918,500 | 862,800 |