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 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 466.0M | 323.0M | 241.0M | 235.0M | 136.0M | 105.0M | 80.7M | 77.1M |
| Revenue Growth % | 44.3% | 34.0% | 2.6% | 72.8% | 29.5% | 30.1% | 4.7% | -- |
| Total Revenue | 466.0M | 323.0M | 241.0M | 235.0M | 136.0M | 105.0M | 80.7M | 77.1M |
| Cost Of Revenue | 207.0M | 149.0M | 90.0M | 83.2M | 59.0M | 39.8M | 29.9M | 30.9M |
| Gross Profit | 259.0M | 174.0M | 151.0M | 151.8M | 77.0M | 65.2M | 50.8M | 46.2M |
| Gross Margin % | 55.6% | 53.9% | 62.7% | 64.6% | 56.6% | 62.1% | 62.9% | 59.9% |
| Total Operating Cost | 355.0M | 260.0M | 184.0M | 163.0M | 127.0M | 88.0M | 65.9M | 71.7M |
| Selling Expenses | 11.1M | 9.1M | 8.0M | 7.2M | 5.1M | 3.9M | 2.7M | 2.0M |
| Admin Expenses | 27.6M | 26.3M | 22.4M | 18.8M | 20.9M | 11.6M | 10.1M | 16.6M |
| Rd Expenses | 100.0M | 74.5M | 55.4M | 49.8M | 37.3M | 31.4M | 23.0M | 19.9M |
| Finance Expenses | 670,300 | -1.0M | -1.9M | 429,900 | 425,000 | -981,100 | -1.4M | 807,900 |
| Operating Income | 149.0M | 103.0M | 69.5M | 85.5M | 27.8M | 33.9M | 27.0M | 12.5M |
| Operating Margin % | 32.0% | 31.9% | 28.8% | 36.4% | 20.5% | 32.3% | 33.5% | 16.2% |
| Non Operating Income | 5.1M | 3.4M | 907,800 | 2.4M | 9.5M | 2.0M | 504,800 | 288,200 |
| Non Operating Expenses | 709,900 | 1.0M | 11,300 | 9,100 | 140,600 | 55,300 | 35,100 | 144,300 |
| Investment Income | 15.5M | 11.5M | 2.7M | 3.3M | 2.7M | 1.3M | 110,400 | 116,200 |
| Fair Value Change Income | 9.4M | 17.2M | 362,800 | 373,100 | 564,400 | -- | -- | -- |
| Asset Disposal Income | 33,500 | -- | -- | -- | -- | 300.00 | -- | 1,700 |
| Asset Impairment Loss | 2.9M | -14,700 | 7.9M | 2.6M | 4.1M | 1.9M | 835,300 | 1.1M |
| Other Income | 12.5M | 10.8M | 9.3M | 9.9M | 15.9M | 16.1M | 12.1M | 7.0M |
| Income Before Tax | 153.0M | 105.0M | 70.4M | 87.9M | 37.2M | 35.9M | 27.5M | 12.7M |
| Income Tax | 8.5M | 2.5M | 1.2M | 3.9M | 1.8M | 2.7M | 2.3M | 2.2M |
| Net Income | 144.0M | 103.0M | 69.2M | 84.1M | 35.3M | 33.2M | 25.2M | 10.5M |
| Net Margin % | 30.9% | 31.9% | 28.7% | 35.8% | 26.0% | 31.6% | 31.2% | 13.6% |
| Net Income Attributable | 144.0M | 103.0M | 69.2M | 84.1M | 35.3M | 33.2M | 25.2M | 10.5M |
| Eps Basic | 1.42 | 1.05 | 1.33 | 1.62 | 0.68 | 0.67 | 0.81 | 0.34 |
| Eps Diluted | 1.42 | 1.05 | -- | -- | -- | -- | 0.81 | 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 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 360.0M | 112.0M | 62.8M | 67.5M | 61.1M | 120.0M | 30.5M | 34.0M |
| Trading Financial Assets | 868.0M | 1.2B | 100.0M | 100.0M | 121.0M | 15.0M | -- | -- |
| Accounts Receivable | 33.5M | 5.2M | 2.4M | 395,600 | 280,100 | 3.3M | 2.8M | 462,800 |
| Notes Receivable | -- | -- | -- | 170,000 | -- | 200,000 | -- | -- |
| Notes And Accounts Receivable | 33.5M | 5.2M | 2.4M | 565,600 | 280,100 | 3.5M | 2.8M | 462,800 |
| Prepayments | 1.8M | 17.8M | 2.8M | 5.6M | 1.6M | 769,100 | 1.9M | 4.0M |
| Inventory | 115.0M | 73.1M | 84.9M | 43.6M | 29.0M | 30.9M | 33.0M | 23.1M |
| Total Current Assets | 1.4B | 1.4B | 259.0M | 226.0M | 213.0M | 172.0M | 84.6M | 72.3M |
| Fixed Assets | -- | 98.4M | 92.1M | 96.2M | 20.7M | 15.6M | 14.2M | 10.1M |
| Fixed Assets Total | 101.0M | 98.4M | 92.1M | 96.2M | 20.7M | 15.6M | 14.2M | 10.1M |
| Construction In Progress | -- | 5.7M | -- | 560,200 | -- | -- | -- | -- |
| Construction In Progress Total | -- | 5.7M | -- | 560,200 | -- | -- | -- | -- |
| Intangible Assets | 12.5M | 7.4M | 3.0M | 4.4M | -- | -- | -- | -- |
| Long Term Deferred Expenses | 1.4M | -- | 1.0M | 2.2M | 3.5M | 4.6M | 5.6M | 407,900 |
| Total Non Current Assets | 124.0M | 113.0M | 101.0M | 106.0M | 26.8M | 22.3M | 22.3M | 12.1M |
| Total Assets | 1.5B | 1.5B | 360.0M | 331.0M | 240.0M | 194.0M | 107.0M | 84.4M |
| Accounts Payable | 14.8M | 15.4M | 5.9M | 13.9M | 4.2M | 5.5M | 4.6M | 2.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.1M | 1.8M | 974,000 |
| Contract Liabilities | 273,600 | 7.7M | 5.4M | 5.7M | 3.3M | -- | -- | -- |
| Total Current Liabilities | 56.6M | 46.4M | 29.3M | 37.7M | 26.3M | 17.3M | 15.8M | 11.0M |
| Total Non Current Liabilities | 14.0M | 10.7M | 14.2M | 18.2M | 11.8M | 10.6M | 8.5M | 9.4M |
| Total Liabilities | 70.6M | 57.1M | 43.5M | 55.9M | 38.2M | 27.9M | 24.3M | 20.4M |
| Paid In Capital | 102.0M | 69.3M | 51.9M | 51.9M | 32.5M | 32.5M | 31.2M | 15.6M |
| Capital Reserve | 1.1B | 1.1B | 60.9M | 59.6M | 76.7M | 76.4M | 26.2M | 25.2M |
| Surplus Reserve | 48.8M | 34.1M | 24.1M | 18.1M | 10.6M | 7.3M | 3.9M | 1.3M |
| Retained Earnings | 284.0M | 251.0M | 179.0M | 146.0M | 82.0M | 50.0M | 21.5M | 21.9M |
| Equity Attributable | 1.4B | 1.4B | 316.0M | 275.0M | 202.0M | 166.0M | 82.6M | 64.0M |
| Total Equity | 1.4B | 1.4B | 316.0M | 275.0M | 202.0M | 166.0M | 82.6M | 64.0M |
| 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 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 466.0M | 347.0M | 258.0M | 249.0M | 155.0M | 112.0M | 89.0M | 85.0M |
| Tax Refunds Received | 21.5M | 9.3M | 6.7M | 3.8M | 1.0M | 3.3M | 718,700 | 590,200 |
| Total Operating Cash Inflow | 515.0M | 378.0M | 272.0M | 267.0M | 189.0M | 137.0M | 102.0M | 96.0M |
| Cash Paid For Goods | 266.0M | 164.0M | 154.0M | 103.0M | 70.8M | 43.8M | 45.0M | 43.5M |
| Cash Paid To Employees | 91.7M | 71.4M | 63.1M | 48.6M | 36.3M | 30.2M | 24.3M | 17.7M |
| Taxes Paid | 20.8M | 15.3M | 8.7M | 11.3M | 6.6M | 6.8M | 4.9M | 3.1M |
| Total Operating Cash Outflow | 398.0M | 275.0M | 235.0M | 175.0M | 133.0M | 91.0M | 82.4M | 70.5M |
| Operating Cash Flow | 117.0M | 103.0M | 37.4M | 92.0M | 56.1M | 46.0M | 19.6M | 25.5M |
| Total Investing Cash Inflow | 3.2B | 1.5B | 403.0M | 843.0M | 478.0M | 240.0M | 38.7M | 12.2M |
| Total Investing Cash Outflow | 2.9B | 2.6B | 413.0M | 912.0M | 593.0M | 247.0M | 57.1M | 28.0M |
| Investing Cash Flow | 286.0M | -1.1B | -9.4M | -69.6M | -115.0M | -6.2M | -18.3M | -15.7M |
| Dividends And Interest Paid | 96.5M | 20.8M | 29.6M | 13.0M | -- | 11,800 | 5.5M | -- |
| Total Financing Cash Inflow | 420,000 | 1.1B | -- | -- | -- | 50.0M | -- | -- |
| Total Financing Cash Outflow | 156.0M | 43.3M | 33.9M | 15.2M | -- | 11,800 | 5.5M | -- |
| Financing Cash Flow | -156.0M | 1.0B | -33.9M | -15.2M | -- | 50.0M | -5.5M | -- |
| Net Change In Cash | 248.0M | 49.5M | -4.6M | 6.3M | -59.0M | 89.6M | -3.5M | 9.3M |
| Ending Cash Balance | 360.0M | 112.0M | 62.8M | 67.5M | 61.1M | 120.0M | 30.5M | 34.0M |
| Capex | 28.8M | 33.6M | 12.6M | 93.4M | 12.9M | 6.5M | 16.0M | 6.0M |