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 | FY 2016Dec 31, 2016 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 549.0M | 579.0M | 504.0M | 360.0M | 216.0M | 277.0M | 188.0M | 135.0M | 113.0M | 144.0M | 146.0M | 96.6M |
| Revenue Growth % | -5.2% | 14.9% | 40.0% | 66.7% | -22.0% | 47.3% | 39.3% | 19.5% | -21.5% | -1.4% | 51.1% | -- |
| Total Revenue | 549.0M | 579.0M | 504.0M | 360.0M | 216.0M | 277.0M | 188.0M | 135.0M | 113.0M | 144.0M | 146.0M | 96.6M |
| Cost Of Revenue | 304.0M | 342.0M | 296.0M | 210.0M | 108.0M | 143.0M | 97.5M | 56.0M | 45.4M | 63.4M | 74.1M | 44.7M |
| Gross Profit | 245.0M | 237.0M | 208.0M | 150.0M | 108.0M | 134.0M | 90.5M | 79.0M | 67.6M | 80.6M | 71.9M | 51.9M |
| Gross Margin % | 44.6% | 40.9% | 41.3% | 41.7% | 50.0% | 48.4% | 48.1% | 58.6% | 59.8% | 56.0% | 49.3% | 53.7% |
| Total Operating Cost | 473.0M | 489.0M | 456.0M | 336.0M | 201.0M | 240.0M | 173.0M | 126.0M | 112.0M | 112.0M | 115.0M | 79.0M |
| Selling Expenses | 48.4M | 45.2M | 43.7M | 32.8M | 25.2M | 25.3M | 22.2M | 19.9M | 19.6M | 7.8M | 6.5M | 4.3M |
| Admin Expenses | 27.0M | 26.0M | 24.7M | 20.0M | 19.0M | 16.3M | 11.6M | 10.2M | 11.5M | 38.7M | 34.1M | 25.1M |
| Rd Expenses | 71.6M | 65.6M | 73.3M | 56.3M | 46.0M | 42.7M | 35.7M | 34.1M | 30.4M | -- | -- | -- |
| Finance Expenses | 3.5M | -3.1M | -1.9M | -460,000 | -1.5M | 216,600 | -660,600 | -1.3M | -1.5M | -1.9M | -804,400 | -546,900 |
| Operating Income | 94.9M | 120.0M | 80.4M | 45.0M | 26.4M | 46.4M | 25.3M | 14.3M | 820,600 | 31.9M | 30.7M | 17.8M |
| Operating Margin % | 17.3% | 20.7% | 16.0% | 12.5% | 12.2% | 16.8% | 13.4% | 10.6% | 0.7% | 22.2% | 21.0% | 18.4% |
| Non Operating Income | 25,400 | 11,900 | 3,000 | 36,800 | 76,500 | 93,800 | 63,400 | 146,100 | 8.8M | 5.9M | 1.4M | 1.5M |
| Non Operating Expenses | 71,600 | 144,000 | 105,100 | 118,500 | 67,900 | 24.00 | 17,100 | 33,400 | 26,400 | 1.2M | 16,500 | 6,300 |
| Investment Income | 8.6M | 4.8M | 10.0M | 8.7M | 3.2M | -- | -- | -- | -- | -- | -- | 195,100 |
| Fair Value Change Income | 39,500 | 92,700 | 40,500 | 1.7M | 66,700 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 48,600 | -- | 15,700 | -- | -- | 1.6M | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.4M | 9.7M | 6.5M | 3.4M | 3.2M | 3.4M | 4.8M | 5.7M | 5.5M | 2.0M | 116,600 | 4.7M |
| Other Income | 10.2M | 24.7M | 22.2M | 10.4M | 8.6M | 8.4M | 10.4M | 5.1M | -- | -- | -- | -- |
| Income Before Tax | 94.9M | 120.0M | 80.3M | 44.9M | 26.5M | 46.5M | 25.3M | 14.4M | 9.6M | 36.6M | 32.1M | 19.2M |
| Income Tax | 10.5M | 12.7M | 5.2M | 2.9M | -1.4M | 3.1M | 2.3M | 930,000 | 1.2M | 3.9M | 2.2M | -- |
| Net Income | 84.3M | 107.0M | 75.1M | 42.0M | 27.8M | 43.5M | 23.0M | 13.4M | 8.4M | 32.7M | 29.9M | 19.2M |
| Net Margin % | 15.4% | 18.5% | 14.9% | 11.7% | 12.9% | 15.7% | 12.2% | 10.0% | 7.4% | 22.7% | 20.5% | 19.9% |
| Net Income Attributable | 84.3M | 107.0M | 75.1M | 42.0M | 27.8M | 43.5M | 23.0M | 13.4M | 8.4M | 32.7M | 29.9M | 19.2M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 27,000 |
| Eps Basic | 0.70 | 0.89 | 0.75 | 0.42 | 0.33 | 0.60 | 0.31 | 0.18 | 0.12 | 0.45 | -- | -- |
| Eps Diluted | 0.70 | 0.88 | 0.75 | 0.42 | 0.33 | 0.60 | 0.31 | 0.18 | 0.12 | 0.45 | -- | -- |
| 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 | FY 2016Dec 31, 2016 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 711.0M | 896.0M | 302.0M | 180.0M | 435.0M | 74.4M | 75.2M | 87.9M | 103.0M | 114.0M | 104.0M | 38.7M |
| Trading Financial Assets | 15.0M | 23.1M | 10.0M | 278.0M | 30.1M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 212.0M | 156.0M | 249.0M | 227.0M | 137.0M | 167.0M | 136.0M | 67.6M | 51.7M | 65.3M | 46.8M | 41.6M |
| Notes Receivable | 9.8M | 13.1M | 67.3M | 8.2M | 14.9M | 12.3M | 15.3M | 14.9M | 28.1M | 14.2M | 18.9M | 25.4M |
| Notes And Accounts Receivable | 221.0M | 169.0M | 317.0M | 235.0M | 151.0M | 179.0M | 151.0M | 82.4M | 79.8M | 79.6M | 65.7M | 66.9M |
| Prepayments | 7.9M | 3.4M | 3.6M | 5.7M | 1.7M | 4.9M | 631,800 | 1.0M | 938,300 | 1.4M | 900.00 | -- |
| Inventory | 58.6M | 88.3M | 113.0M | 75.8M | 57.9M | 52.6M | 73.7M | 53.9M | 33.3M | 13.2M | 19.6M | 13.2M |
| Total Current Assets | 1.3B | 1.3B | 911.0M | 847.0M | 750.0M | 336.0M | 303.0M | 227.0M | 219.0M | 209.0M | 191.0M | 125.0M |
| Fixed Assets | -- | 26.7M | 23.5M | 23.1M | 24.1M | 23.9M | 26.2M | 24.1M | -- | 18.4M | 20.6M | 23.3M |
| Fixed Assets Total | 36.6M | 26.7M | 23.5M | 23.1M | 24.1M | 23.9M | 26.2M | 24.1M | 25.4M | 18.4M | 20.6M | 23.3M |
| Construction In Progress | -- | 1.8M | -- | -- | 18,600 | 34,500 | 158,300 | -- | -- | -- | -- | -- |
| Construction In Progress Total | 4.6M | 1.8M | -- | -- | 18,600 | 34,500 | 158,300 | -- | -- | -- | -- | -- |
| Intangible Assets | 56.4M | 39.2M | 20.0M | 17.7M | 10.3M | 3.8M | 5.4M | 5.9M | 5.7M | 1.7M | 1.6M | 2.0M |
| Long Term Deferred Expenses | 13.0M | 10.9M | 12.2M | 9.2M | 5.8M | 6.1M | 6.7M | 6.6M | 2.7M | 583,600 | 889,000 | 1.1M |
| Total Non Current Assets | 210.0M | 150.0M | 126.0M | 114.0M | 55.7M | 39.9M | 41.7M | 40.6M | 36.1M | 28.5M | 29.4M | 27.5M |
| Total Assets | 1.5B | 1.4B | 1.0B | 961.0M | 805.0M | 376.0M | 345.0M | 268.0M | 256.0M | 238.0M | 221.0M | 153.0M |
| Short Term Borrowings | -- | -- | 8.3M | -- | -- | 2.3M | 17.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 92.6M | 67.1M | 93.3M | 118.0M | 51.1M | 60.1M | 71.9M | 29.3M | 14.7M | 14.5M | 8.8M | 25.2M |
| Advance Receipts | 39,000 | 75,000 | 75,000 | 67,700 | 42,700 | 626,500 | 923,200 | 1.1M | 1.1M | 163,500 | 1.8M | 524,900 |
| Contract Liabilities | 1.4M | 962,900 | 23.4M | 659,700 | 520,000 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 140.0M | 142.0M | 206.0M | 198.0M | 87.3M | 112.0M | 123.0M | 57.1M | 48.3M | 42.2M | 57.0M | 49.2M |
| Total Non Current Liabilities | 322.0M | 293.0M | 14.4M | 17.2M | 1.9M | 1.3M | 2.3M | 7.5M | 9.9M | 7.2M | 8.2M | 6.8M |
| Total Liabilities | 462.0M | 435.0M | 220.0M | 215.0M | 89.2M | 113.0M | 126.0M | 64.6M | 58.1M | 49.4M | 65.2M | 55.9M |
| Paid In Capital | 121.0M | 101.0M | 100.0M | 100.0M | 100.0M | 73.0M | 73.0M | 73.0M | 73.0M | 73.0M | 73.0M | 58.9M |
| Capital Reserve | 517.0M | 521.0M | 504.0M | 490.0M | 486.0M | 87.7M | 87.7M | 87.7M | 87.7M | 87.7M | 65.4M | 50.8M |
| Surplus Reserve | 46.5M | 36.6M | 26.9M | 20.9M | 19.1M | 14.6M | 11.5M | 9.2M | 5.7M | 1.6M | 1.8M | -- |
| Retained Earnings | 297.0M | 258.0M | 186.0M | 137.0M | 112.0M | 88.2M | 47.8M | 34.5M | 31.8M | 26.8M | 16.2M | -11.9M |
| Equity Attributable | 1.1B | 1.0B | 817.0M | 746.0M | 716.0M | 263.0M | 219.0M | 203.0M | 197.0M | 188.0M | 155.0M | 96.9M |
| Total Equity | 1.1B | 1.0B | 817.0M | 746.0M | 716.0M | 263.0M | 219.0M | 203.0M | 197.0M | 188.0M | 155.0M | 96.9M |
| 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 | FY 2016Dec 31, 2016 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 455.0M | 701.0M | 424.0M | 266.0M | 184.0M | 175.0M | 116.0M | 124.0M | 105.0M | 120.0M | 149.0M | 63.0M |
| Tax Refunds Received | 8.3M | 12.1M | 7.8M | 6.9M | 7.6M | 5.7M | 3.2M | 2.2M | 1.8M | 1.5M | 854,600 | 286,200 |
| Total Operating Cash Inflow | 489.0M | 753.0M | 479.0M | 302.0M | 224.0M | 225.0M | 128.0M | 133.0M | 125.0M | 127.0M | 153.0M | 68.9M |
| Cash Paid For Goods | 219.0M | 301.0M | 342.0M | 138.0M | 104.0M | 64.7M | 49.4M | 45.0M | 40.1M | 19.5M | 79.4M | 30.2M |
| Cash Paid To Employees | 76.4M | 66.7M | 66.5M | 56.4M | 49.9M | 49.3M | 39.5M | 33.6M | 27.4M | 23.2M | 19.3M | 12.8M |
| Taxes Paid | 43.6M | 47.6M | 39.5M | 18.2M | 24.0M | 27.9M | 11.2M | 9.7M | 15.0M | 18.8M | 16.0M | 5.3M |
| Total Operating Cash Outflow | 400.0M | 481.0M | 526.0M | 264.0M | 221.0M | 200.0M | 136.0M | 133.0M | 133.0M | 92.3M | 141.0M | 68.5M |
| Operating Cash Flow | 88.6M | 273.0M | -47.4M | 37.3M | 2.7M | 24.4M | -7.8M | 278,300 | -8.0M | 34.9M | 11.2M | 484,800 |
| Total Investing Cash Inflow | 756.0M | 416.0M | 982.0M | 1.3B | 838.0M | 961,400 | 100.00 | 80.00 | 460.00 | 1.7M | 722,400 | 4.3M |
| Total Investing Cash Outflow | 958.0M | 473.0M | 760.0M | 1.6B | 902.0M | 4.6M | 6.7M | 9.6M | 6.7M | 1.4M | 3.1M | 5.0M |
| Investing Cash Flow | -202.0M | -57.2M | 221.0M | -322.0M | -63.6M | -3.6M | -6.7M | -9.6M | -6.7M | 263,500 | -2.4M | -734,600 |
| Cash From Borrowings | -- | -- | 9.5M | -- | 21.6M | 20.0M | 17.0M | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 36.3M | 25.0M | 20.0M | 15.0M | 606,500 | 1.4M | 7.6M | 7.3M | 14.6M | -- | -- | -- |
| Debt Repayments | -- | -- | -- | -- | 23.9M | 34.7M | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 22.3M | 385.0M | 15.0M | -- | 473.0M | 20.0M | 17.0M | -- | -- | -- | 33.5M | -- |
| Total Financing Cash Outflow | 58.6M | 33.7M | 23.6M | 20.6M | 49.2M | 40.3M | 7.9M | 7.3M | 14.6M | -- | -- | -- |
| Financing Cash Flow | -36.3M | 352.0M | -8.7M | -20.6M | 424.0M | -20.3M | 9.1M | -7.3M | -14.6M | -- | 33.5M | -- |
| Net Change In Cash | -150.0M | 567.0M | 165.0M | -305.0M | 363.0M | 504,900 | -5.4M | -16.8M | -29.3M | 35.1M | 42.3M | -226,300 |
| Ending Cash Balance | 710.0M | 860.0M | 293.0M | 128.0M | 433.0M | 70.4M | 69.9M | 75.3M | 92.1M | 107.0M | 71.9M | 29.7M |
| Capex | 45.7M | 37.4M | 30.0M | 19.8M | 17.0M | 4.6M | 6.7M | 9.6M | 6.7M | 1.4M | 3.1M | 5.0M |