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 | 345.0M | 212.0M | 210.0M | 183.0M | 131.0M | 105.0M | 958,300 |
| Revenue Growth % | 62.7% | 1.0% | 14.8% | 39.7% | 24.8% | 10856.9% | -- |
| Total Revenue | 345.0M | 212.0M | 210.0M | 183.0M | 131.0M | 105.0M | 958,300 |
| Cost Of Revenue | 125.0M | 51.2M | 40.3M | 36.1M | 26.7M | 18.9M | 115,000 |
| Gross Profit | 220.0M | 160.8M | 169.7M | 146.9M | 104.3M | 86.1M | 843,300 |
| Gross Margin % | 63.8% | 75.8% | 80.8% | 80.3% | 79.6% | 82.0% | 88.0% |
| Total Operating Cost | 280.0M | 157.0M | 123.0M | 94.8M | 71.9M | 54.5M | 29.2M |
| Selling Expenses | 32.7M | 27.3M | 15.4M | 7.3M | 3.6M | 2.7M | 3.1M |
| Admin Expenses | 27.4M | 29.0M | 15.5M | 14.1M | 12.1M | 7.7M | 5.0M |
| Rd Expenses | 78.5M | 57.2M | 42.3M | 31.8M | 22.9M | 22.1M | 17.1M |
| Finance Expenses | -33.2M | -36.3M | -3.5M | -2.7M | 47,900 | 2.0M | 3.0M |
| Operating Income | 85.1M | 65.9M | 117.0M | 109.0M | 76.1M | 82.3M | -4.4M |
| Operating Margin % | 24.7% | 31.1% | 55.7% | 59.6% | 58.1% | 78.3% | -455.9% |
| Non Operating Income | 49,400 | 15,800 | 29,300 | 25,400 | 14,200 | 30,700 | 1,200 |
| Non Operating Expenses | 6.8M | 370,700 | 10,000 | 800.00 | 5,500 | 1.1M | 1,300 |
| Investment Income | 1.2M | -- | -- | 532,000 | 2.5M | 1.9M | 2.0M |
| Fair Value Change Income | 600,900 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 102,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 9.5M | 3.4M | 1.7M | 1.5M | 2.1M | -- | 1,200 |
| Other Income | 18.3M | 10.2M | 29.9M | 20.1M | 14.2M | 29.8M | 21.9M |
| Income Before Tax | 78.3M | 65.5M | 117.0M | 109.0M | 76.1M | 81.2M | -4.4M |
| Income Tax | 1.7M | 2.2M | 11.3M | 12.3M | 9.5M | 10.2M | -7.2M |
| Net Income | 76.6M | 63.3M | 106.0M | 96.6M | 66.6M | 71.0M | 2.8M |
| Net Margin % | 22.2% | 29.9% | 50.5% | 52.8% | 50.8% | 67.6% | 294.2% |
| Net Income Attributable | 76.6M | 63.3M | 106.0M | 96.6M | 66.6M | 71.0M | 2.8M |
| Eps Basic | 0.35 | 0.30 | 0.91 | 0.83 | 0.57 | -- | -- |
| Eps Diluted | 0.35 | 0.30 | 0.91 | 0.83 | 0.57 | -- | -- |
| 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 | 1.4B | 1.7B | 225.0M | 161.0M | 136.0M | 57.4M | 70.4M |
| Trading Financial Assets | 320.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 225.0M | 250.0M | 156.0M | 107.0M | 78.3M | 17.3M | 13,400 |
| Notes And Accounts Receivable | 225.0M | 250.0M | 156.0M | 107.0M | 78.3M | 17.3M | 13,400 |
| Prepayments | 15.5M | 9.5M | 3.2M | 2.8M | 3.1M | 839,700 | 346,100 |
| Inventory | 240.0M | 125.0M | 99.6M | 70.3M | 42.8M | 23.9M | 16.7M |
| Total Current Assets | 2.2B | 2.2B | 553.0M | 390.0M | 284.0M | 103.0M | 88.2M |
| Fixed Assets | -- | 69.1M | 47.6M | 42.8M | 29.5M | 19.5M | 15.0M |
| Fixed Assets Total | 106.0M | 69.1M | 47.6M | 42.8M | 29.5M | 19.5M | 15.0M |
| Construction In Progress | -- | 28.5M | 10.7M | 4.0M | -- | -- | -- |
| Construction In Progress Total | 102.0M | 28.5M | 10.7M | 4.0M | -- | -- | -- |
| Intangible Assets | 22.3M | 52.4M | 52.5M | 54.8M | 53.4M | -- | -- |
| Long Term Deferred Expenses | 3.5M | 2.7M | 2.5M | 2.7M | 657,100 | 366,500 | 938,600 |
| Total Non Current Assets | 272.0M | 174.0M | 125.0M | 121.0M | 90.3M | 20.7M | 23.8M |
| Total Assets | 2.5B | 2.4B | 678.0M | 511.0M | 375.0M | 124.0M | 112.0M |
| Short Term Borrowings | -- | 60.0M | 60.1M | -- | 992,500 | 10.0M | -- |
| Accounts Payable | 69.8M | 43.0M | 18.5M | 25.2M | 13.9M | 9.3M | 3.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 10.0M | 26.9M |
| Contract Liabilities | 106.0M | 8.4M | 4.8M | 2.1M | 1.2M | -- | -- |
| Total Current Liabilities | 255.0M | 142.0M | 110.0M | 48.1M | 22.1M | 33.2M | 81.9M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 8.1M |
| Total Non Current Liabilities | 7.0M | 20.6M | 21.8M | 24.6M | 15.0M | 19.6M | 41.9M |
| Total Liabilities | 261.0M | 162.0M | 132.0M | 72.7M | 37.1M | 52.9M | 124.0M |
| Paid In Capital | 217.0M | 155.0M | 116.0M | 116.0M | 116.0M | 34.8M | 10.0M |
| Capital Reserve | 1.7B | 1.8B | 182.0M | 180.0M | 176.0M | 14.2M | -- |
| Surplus Reserve | 40.9M | 33.3M | 26.9M | 16.3M | 6.7M | 4.9M | -- |
| Retained Earnings | 247.0M | 201.0M | 221.0M | 126.0M | 39.0M | 17.2M | -21.8M |
| Equity Attributable | 2.2B | 2.2B | 547.0M | 438.0M | 338.0M | 71.2M | -11.8M |
| Total Equity | 2.2B | 2.2B | 547.0M | 438.0M | 338.0M | 71.2M | -11.8M |
| 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 | 502.0M | 136.0M | 163.0M | 147.0M | 40.4M | 72.8M | 40.2M |
| Tax Refunds Received | 18.6M | 12.3M | 6.1M | 10.3M | 7.7M | 6.0M | -- |
| Total Operating Cash Inflow | 545.0M | 188.0M | 193.0M | 182.0M | 54.8M | 88.2M | 61.0M |
| Cash Paid For Goods | 249.0M | 87.4M | 87.1M | 73.5M | 57.2M | 22.9M | 18.2M |
| Cash Paid To Employees | 68.6M | 55.4M | 40.1M | 28.5M | 22.0M | 18.2M | 9.8M |
| Taxes Paid | 24.4M | 25.6M | 16.0M | 16.7M | 11.7M | 13.2M | 1.1M |
| Total Operating Cash Outflow | 397.0M | 197.0M | 159.0M | 137.0M | 97.8M | 66.2M | 34.3M |
| Operating Cash Flow | 149.0M | -8.4M | 34.4M | 45.1M | -43.0M | 22.1M | 26.7M |
| Total Investing Cash Inflow | 582.0M | 131,900 | -- | 58.9M | 430.0M | 205.0M | 239.0M |
| Total Investing Cash Outflow | 2.1B | 51.7M | 23.9M | 79.3M | 493.0M | 213.0M | 247.0M |
| Investing Cash Flow | -1.5B | -51.5M | -23.9M | -20.4M | -63.2M | -7.5M | -7.4M |
| Cash From Borrowings | -- | 90.0M | 60.0M | -- | 27.7M | 10.0M | -- |
| Dividends And Interest Paid | 24.0M | 79.3M | 690,100 | 27,300 | 650,100 | 39.1M | -- |
| Debt Repayments | 60.0M | 90.0M | -- | 991,300 | 36.7M | 38.0M | -- |
| Total Financing Cash Inflow | -- | 1.8B | 60.0M | -- | 228.0M | 48.0M | -- |
| Total Financing Cash Outflow | 102.0M | 200.0M | 4.0M | 2.4M | 41.3M | 77.8M | -- |
| Financing Cash Flow | -102.0M | 1.6B | 56.0M | -2.4M | 187.0M | -29.7M | -- |
| Net Change In Cash | -1.5B | 1.5B | 66.4M | 22.3M | 80.8M | -15.2M | 19.3M |
| Ending Cash Balance | 242.0M | 1.7B | 225.0M | 158.0M | 136.0M | 55.2M | 70.4M |
| Capex | 114.0M | 51.7M | 23.9M | 20.9M | 65.7M | 9.5M | 9.4M |