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 | 252.0M | 144.0M | 283.0M | 232.0M | 233.0M | 81.3M | 70.4M |
| Revenue Growth % | 75.0% | -49.1% | 22.0% | -0.4% | 186.5% | 15.5% | -- |
| Total Revenue | 252.0M | 144.0M | 283.0M | 232.0M | 233.0M | 81.3M | 70.4M |
| Cost Of Revenue | 168.0M | 82.1M | 108.0M | 80.9M | 74.3M | 44.7M | 36.2M |
| Gross Profit | 84.0M | 61.9M | 175.0M | 151.1M | 158.7M | 36.6M | 34.2M |
| Gross Margin % | 33.3% | 43.0% | 61.8% | 65.1% | 68.1% | 45.0% | 48.6% |
| Total Operating Cost | 272.0M | 149.0M | 183.0M | 133.0M | 142.0M | 72.0M | 53.1M |
| Selling Expenses | 18.5M | 8.4M | 11.4M | 10.1M | 7.8M | 4.8M | 2.2M |
| Admin Expenses | 26.0M | 25.9M | 31.1M | 18.8M | 38.4M | 7.0M | 5.2M |
| Rd Expenses | 54.5M | 30.9M | 27.1M | 18.5M | 15.7M | 11.6M | 7.5M |
| Finance Expenses | -17.5M | -21.5M | -503,100 | -206,400 | 813,900 | 1.8M | 583,200 |
| Operating Income | -14.9M | 18.1M | 110.0M | 109.0M | 95.7M | 10.8M | 17.5M |
| Operating Margin % | -5.9% | 12.6% | 38.9% | 47.0% | 41.1% | 13.2% | 24.9% |
| Non Operating Income | 130,100 | 6,600 | 44,300 | 9,800 | 277,700 | 3.4M | 1,300 |
| Non Operating Expenses | 500,600 | 1,000 | 34,600 | 3,100 | 453,900 | 0.00 | 0.00 |
| Investment Income | 1.9M | 5.1M | 1.1M | 5.7M | 2.0M | 483,200 | 99,900 |
| Fair Value Change Income | 751,500 | 4.1M | 624,000 | 1.1M | 1.8M | 128,800 | 63,700 |
| Asset Disposal Income | 76,700 | 23,500 | -169,700 | -159,500 | -36,100 | -4,800 | -- |
| Asset Impairment Loss | 22.3M | 18.0M | 1.1M | 21,700 | 94,800 | 621,700 | 1.2M |
| Other Income | 2.2M | 14.1M | 8.4M | 2.9M | 789,700 | 879,900 | 23,800 |
| Income Before Tax | -15.3M | 18.2M | 110.0M | 109.0M | 95.5M | 14.2M | 17.5M |
| Income Tax | -9.2M | -1.3M | 9.7M | 13.8M | 16.7M | 998,900 | 2.0M |
| Net Income | -6.1M | 19.5M | 100.0M | 95.3M | 78.8M | 13.2M | 15.5M |
| Net Margin % | -2.4% | 13.5% | 35.3% | 41.1% | 33.8% | 16.2% | 22.1% |
| Net Income Attributable | -6.1M | 19.5M | 100.0M | 95.3M | 78.8M | 13.2M | 15.5M |
| Eps Basic | -0.07 | 0.27 | 2.23 | 2.12 | 1.75 | -- | -- |
| Eps Diluted | -0.07 | 0.27 | 2.23 | 2.12 | 1.75 | -- | -- |
| 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 | 1.1B | 1.3B | 1.4B | 143.0M | 10.5M | 2.5M | 3.9M |
| Trading Financial Assets | -- | -- | 50.3M | 58.7M | 263.0M | 17.2M | 20.1M |
| Accounts Receivable | 121.0M | 99.7M | 146.0M | 94.1M | 62.0M | 25.4M | 22.5M |
| Notes Receivable | 8.7M | 5.2M | 7.6M | 12.3M | -- | -- | 400,000 |
| Notes And Accounts Receivable | 130.0M | 105.0M | 154.0M | 106.0M | 62.0M | 25.4M | 22.9M |
| Prepayments | 6.5M | 3.4M | 1.6M | 2.7M | 2.4M | 2.2M | 2.6M |
| Inventory | 123.0M | 141.0M | 95.9M | 56.4M | 32.6M | 34.4M | 22.9M |
| Total Current Assets | 1.4B | 1.6B | 1.7B | 372.0M | 373.0M | 89.2M | 77.9M |
| Long Term Equity Investment | 118.0M | 30.0M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 445.0M | 397.0M | 141.0M | 138.0M | 113.0M | 101.0M |
| Fixed Assets Total | 532.0M | 445.0M | 397.0M | 141.0M | 138.0M | 113.0M | 101.0M |
| Construction In Progress | -- | 107.0M | 123.0M | 144.0M | 23.2M | 1.8M | 6.5M |
| Construction In Progress Total | 43.6M | 107.0M | 123.0M | 144.0M | 23.2M | 1.8M | 6.5M |
| Intangible Assets | 16.4M | 17.0M | 14.5M | 13.3M | 12.4M | 12.5M | 95,500 |
| Long Term Deferred Expenses | 665,000 | 530,700 | 1.1M | 3.7M | 4.6M | 5.0M | 1.9M |
| Total Non Current Assets | 736.0M | 606.0M | 547.0M | 365.0M | 185.0M | 134.0M | 115.0M |
| Total Assets | 2.1B | 2.2B | 2.3B | 737.0M | 558.0M | 223.0M | 193.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 7.0M |
| Accounts Payable | 34.5M | 84.3M | 126.0M | 35.9M | 12.5M | 6.0M | 3.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 6,600 | 3.7M |
| Contract Liabilities | 1.5M | 2.1M | 7.6M | 3.5M | 93,500 | -- | -- |
| Total Current Liabilities | 53.9M | 95.3M | 165.0M | 106.0M | 34.2M | 9.8M | 32.2M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 26.7M | -- |
| Total Non Current Liabilities | 20.8M | 24.7M | 28.3M | 16.3M | 8.5M | 28.5M | 1.4M |
| Total Liabilities | 74.8M | 120.0M | 193.0M | 122.0M | 42.7M | 38.4M | 33.6M |
| Paid In Capital | 85.5M | 84.8M | 60.0M | 45.0M | 45.0M | 25.6M | 25.0M |
| Capital Reserve | 1.9B | 1.8B | 1.8B | 463.0M | 458.0M | 119.0M | 108.0M |
| Surplus Reserve | 29.4M | 29.4M | 27.4M | 17.4M | 7.9M | 2.9M | 1.6M |
| Retained Earnings | 143.0M | 158.0M | 180.0M | 89.6M | 3.8M | 36.8M | 24.9M |
| Equity Attributable | 2.1B | 2.1B | 2.1B | 614.0M | 515.0M | 185.0M | 159.0M |
| Total Equity | 2.1B | 2.1B | 2.1B | 614.0M | 515.0M | 185.0M | 159.0M |
| 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 | 160.0M | 133.0M | 177.0M | 172.0M | 212.0M | 84.5M | 72.0M |
| Tax Refunds Received | 21,700 | 7.0M | 2.9M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 190.0M | 166.0M | 197.0M | 179.0M | 219.0M | 85.5M | 79.6M |
| Cash Paid For Goods | 67.1M | 81.4M | 53.5M | 43.4M | 52.3M | 43.1M | 32.5M |
| Cash Paid To Employees | 71.9M | 73.7M | 67.1M | 49.6M | 25.9M | 19.9M | 14.2M |
| Taxes Paid | 8.0M | 16.0M | 14.6M | 31.7M | 24.3M | 2.9M | 2.0M |
| Total Operating Cash Outflow | 171.0M | 183.0M | 159.0M | 143.0M | 114.0M | 74.0M | 53.0M |
| Operating Cash Flow | 19.0M | -17.4M | 37.7M | 36.0M | 105.0M | 11.5M | 26.7M |
| Total Investing Cash Inflow | 1.2B | 1.6B | 160.0M | 773.0M | 193.0M | 57.9M | 9.1M |
| Total Investing Cash Outflow | 1.4B | 1.6B | 282.0M | 714.0M | 489.0M | 85.9M | 78.0M |
| Investing Cash Flow | -232.0M | -37.8M | -122.0M | 59.2M | -296.0M | -28.0M | -68.9M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 30.0M | 9.0M |
| Dividends And Interest Paid | 8.5M | 39.4M | -- | -- | 759,900 | 1.7M | 514,100 |
| Debt Repayments | -- | -- | -- | -- | 26.7M | 13.2M | 5.7M |
| Total Financing Cash Inflow | 22.5M | 30.6M | 1.4B | -- | 226.0M | 30.0M | 32.2M |
| Total Financing Cash Outflow | 65.1M | 57.6M | 12.1M | 1.8M | 27.4M | 14.9M | 6.2M |
| Financing Cash Flow | -42.6M | -27.0M | 1.4B | -1.8M | 199.0M | 15.1M | 26.1M |
| Net Change In Cash | -255.0M | -82.3M | 1.3B | 93.4M | 7.7M | -1.5M | -16.2M |
| Ending Cash Balance | 1.1B | 1.3B | 1.4B | 104.0M | 10.2M | 2.5M | 3.9M |
| Capex | 106.0M | 67.2M | 109.0M | 107.0M | 54.0M | 31.5M | 54.0M |