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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 413.0M | 412.0M | 336.0M | 288.0M | 288.0M | 214.0M | 190.0M | 144.0M | 106.0M | 102.0M | 90.0M | 55.6M |
| Revenue Growth % | 0.2% | 22.6% | 16.7% | 0.0% | 34.6% | 12.6% | 31.9% | 35.8% | 3.9% | 13.4% | 61.8% | -- |
| Total Revenue | 413.0M | 412.0M | 336.0M | 288.0M | 288.0M | 214.0M | 190.0M | 144.0M | 106.0M | 102.0M | 90.0M | 55.6M |
| Cost Of Revenue | 214.0M | 200.0M | 144.0M | 131.0M | 136.0M | 95.7M | 81.9M | 60.6M | 42.5M | 44.8M | 36.3M | 19.5M |
| Gross Profit | 199.0M | 212.0M | 192.0M | 157.0M | 152.0M | 118.3M | 108.1M | 83.4M | 63.5M | 57.2M | 53.7M | 36.1M |
| Gross Margin % | 48.2% | 51.5% | 57.1% | 54.5% | 52.8% | 55.3% | 56.9% | 57.9% | 59.9% | 56.1% | 59.6% | 64.9% |
| Total Operating Cost | 469.0M | 394.0M | 317.0M | 287.0M | 278.0M | 213.0M | 189.0M | 142.0M | 100.0M | 90.4M | 78.7M | 44.9M |
| Selling Expenses | 105.0M | 85.7M | 69.0M | 58.5M | 49.4M | 42.9M | 39.1M | 30.6M | 21.3M | 19.0M | 16.8M | 10.4M |
| Admin Expenses | 33.4M | 31.1M | 24.3M | 27.3M | 18.2M | 20.1M | 12.0M | 10.7M | 31.8M | 22.5M | 24.1M | 14.1M |
| Rd Expenses | 78.4M | 69.9M | 68.7M | 65.9M | 65.0M | 48.2M | 43.3M | 32.7M | -- | -- | -- | -- |
| Finance Expenses | -2.5M | 90,600 | -466,200 | 1.6M | 4.8M | 1.2M | -1.2M | 1.6M | 313,400 | 392,900 | 105,300 | 85,800 |
| Operating Income | -34.0M | 40.2M | 35.4M | 28.3M | 28.3M | 11.7M | 7.4M | 6.6M | 5.7M | 11.7M | 11.6M | 10.7M |
| Operating Margin % | -8.2% | 9.8% | 10.5% | 9.8% | 9.8% | 5.4% | 3.9% | 4.6% | 5.4% | 11.5% | 12.9% | 19.3% |
| Non Operating Income | 63,500 | 448,600 | 732,500 | 724,400 | 568,700 | 872,800 | 1.8M | 3.6M | 3.2M | 13.1M | 8.5M | 420,000 |
| Non Operating Expenses | 356,700 | 158,500 | 303,600 | 313,300 | 177,200 | 153,000 | 149,600 | 90,500 | 1.4M | 52,900 | 65.00 | 258,100 |
| Investment Income | 7.4M | 2.9M | -- | -- | -- | -- | -- | 49,600 | -- | 37,400 | 375,500 | 52,700 |
| Asset Disposal Income | 170,700 | 23,400 | 7,200 | -- | 400.00 | 52,700 | 22,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.3M | -1.3M | 1.7M | -53,200 | 2.6M | 731,400 | 13.5M | 5.2M | 3.5M | 2.9M | 1.0M | 580,200 |
| Other Income | 14.3M | 19.4M | 16.5M | 27.3M | 18.6M | 10.2M | 6.6M | 4.6M | -- | -- | -- | -- |
| Income Before Tax | -34.3M | 40.5M | 35.8M | 28.7M | 28.7M | 12.4M | 9.0M | 10.1M | 7.5M | 24.7M | 20.1M | 10.9M |
| Income Tax | -746,400 | 792,700 | -352,900 | -430,500 | 474,000 | 273,600 | -76,900 | 801,200 | 309,100 | 2.9M | 2.0M | 629,500 |
| Net Income | -33.6M | 39.7M | 36.2M | 29.2M | 28.2M | 12.1M | 9.1M | 9.3M | 7.2M | 21.8M | 18.0M | 10.3M |
| Net Margin % | -8.1% | 9.6% | 10.8% | 10.1% | 9.8% | 5.7% | 4.8% | 6.5% | 6.8% | 21.4% | 20.1% | 18.5% |
| Net Income Attributable | -33.1M | 41.8M | 36.2M | 29.2M | 28.2M | 12.1M | 9.1M | 9.3M | 7.2M | 21.8M | 15.7M | 9.1M |
| Minority Interest | -517,600 | -2.1M | -- | -- | -- | -45,600 | -- | -- | -- | -- | 2.3M | 1.2M |
| Eps Basic | -0.53 | 0.81 | 0.78 | 0.63 | 0.61 | 0.28 | 0.21 | 0.21 | 0.18 | 0.56 | 1.06 | 0.60 |
| Eps Diluted | -0.53 | 0.81 | 0.78 | 0.63 | 0.61 | 0.28 | 0.21 | 0.21 | 0.18 | 0.56 | 0.92 | 0.60 |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 673.0M | 633.0M | 67.7M | 145.0M | 133.0M | 77.9M | 76.6M | 57.6M | 75.1M | 17.8M | 7.8M | 4.9M |
| Trading Financial Assets | -- | 50.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 320.0M | 311.0M | 205.0M | 142.0M | 124.0M | 75.8M | 74.7M | 84.7M | 82.0M | 70.1M | 32.0M | 10.8M |
| Notes Receivable | 11.5M | 10.0M | 5.7M | 2.9M | 1.3M | 4.9M | 1.5M | -- | 33,000 | -- | 550,000 | -- |
| Notes And Accounts Receivable | 332.0M | 321.0M | 211.0M | 144.0M | 126.0M | 80.7M | 76.2M | 84.7M | 82.1M | 70.1M | 32.6M | 10.8M |
| Prepayments | 18.3M | 40.3M | 23.3M | 22.6M | 9.8M | 10.9M | 7.3M | 3.8M | 2.1M | 2.6M | 1.6M | 762,900 |
| Inventory | 135.0M | 118.0M | 147.0M | 96.8M | 73.3M | 81.9M | 65.3M | 44.2M | 35.1M | 27.2M | 27.5M | 19.9M |
| Total Current Assets | 1.2B | 1.2B | 472.0M | 421.0M | 382.0M | 262.0M | 228.0M | 193.0M | 195.0M | 118.0M | 83.6M | 51.8M |
| Long Term Equity Investment | 24.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 5.8M | 4.8M | 3.5M | 4.1M | 4.8M | -- | -- | 2.7M | 2.9M | 2.4M | 2.6M |
| Fixed Assets Total | 5.8M | 5.8M | 4.8M | 3.5M | 4.1M | 4.8M | 4.2M | 4.0M | 2.7M | 2.9M | 2.4M | 2.6M |
| Construction In Progress | -- | 3.1M | 20,500 | 232,300 | 121,600 | -- | -- | -- | -- | -- | -- | 12.2M |
| Construction In Progress Total | 38.6M | 3.1M | 20,500 | 232,300 | 121,600 | -- | 1.2M | -- | -- | -- | -- | 12.2M |
| Intangible Assets | 345,900 | 723,300 | 1.1M | 1.5M | 1.9M | 70,400 | 108,800 | 196,300 | 247,600 | -- | -- | 10.1M |
| Long Term Deferred Expenses | 2.2M | 1.6M | 2.6M | 2.8M | 3.0M | 3.8M | 264,300 | 363,400 | -- | -- | 8,200 | 106,200 |
| Total Non Current Assets | 132.0M | 49.7M | 22.1M | 24.1M | 14.3M | 14.3M | 11.6M | 9.7M | 8.9M | 3.8M | 3.4M | 25.3M |
| Total Assets | 1.3B | 1.2B | 494.0M | 445.0M | 396.0M | 276.0M | 240.0M | 203.0M | 204.0M | 122.0M | 87.0M | 77.1M |
| Short Term Borrowings | -- | 694,900 | 15.0M | 15.0M | 16.0M | 34.9M | 16.9M | 6.0M | 25.9M | 14.0M | 4.0M | -- |
| Accounts Payable | 99.6M | 60.4M | 39.4M | 33.5M | 42.4M | 17.6M | 17.4M | 14.8M | 14.9M | 16.3M | 7.8M | 3.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.7M | 4.5M | 2.3M | 572,200 | 232,900 | 3.6M | 6.3M |
| Contract Liabilities | 155.0M | 34.0M | 38.1M | 37.8M | 17.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 346.0M | 179.0M | 170.0M | 146.0M | 132.0M | 86.1M | 62.0M | 45.0M | 97.5M | 50.9M | 33.3M | 34.8M |
| Total Non Current Liabilities | 27.8M | 32.5M | 25.5M | 30.6M | 23.3M | 27.5M | 26.9M | 19.8M | 14.7M | 8.1M | 14.6M | 13.4M |
| Total Liabilities | 374.0M | 211.0M | 195.0M | 176.0M | 155.0M | 114.0M | 88.9M | 64.8M | 112.0M | 59.0M | 47.8M | 48.2M |
| Paid In Capital | 62.2M | 62.2M | 46.6M | 46.6M | 46.6M | 43.8M | 43.8M | 43.8M | 40.8M | 39.0M | 17.0M | 17.0M |
| Capital Reserve | 809.0M | 807.0M | 131.0M | 131.0M | 127.0M | 74.9M | 61.2M | 60.4M | 20.9M | 1.1M | -- | 100,000 |
| Surplus Reserve | 25.8M | 25.8M | 18.4M | 13.7M | 10.1M | 6.6M | 5.5M | 4.0M | 3.0M | 2.2M | 2.4M | 705,700 |
| Retained Earnings | 88.0M | 129.0M | 102.0M | 76.7M | 57.2M | 37.2M | 40.2M | 30.0M | 27.2M | 20.7M | 19.7M | 8.0M |
| Minority Equity | -1.4M | -1.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.0M |
| Equity Attributable | 946.0M | 1.0B | 299.0M | 268.0M | 241.0M | 162.0M | 151.0M | 138.0M | 91.9M | 63.0M | 39.2M | 25.9M |
| Total Equity | 944.0M | 1.0B | 299.0M | 268.0M | 241.0M | 162.0M | 151.0M | 138.0M | 91.9M | 63.0M | 39.2M | 28.9M |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 516.0M | 296.0M | 273.0M | 312.0M | 264.0M | 228.0M | 219.0M | 162.0M | 102.0M | 71.1M | 84.6M | 63.8M |
| Tax Refunds Received | -- | 5.2M | 892,000 | 4.1M | 2.8M | 3.4M | 3.2M | 2.4M | 726,000 | 1.4M | 2.2M | 400,900 |
| Total Operating Cash Inflow | 542.0M | 332.0M | 292.0M | 370.0M | 305.0M | 244.0M | 236.0M | 174.0M | 112.0M | 82.4M | 104.0M | 81.2M |
| Cash Paid For Goods | 158.0M | 128.0M | 178.0M | 162.0M | 98.5M | 116.0M | 111.0M | 79.1M | 55.2M | 36.3M | 51.0M | 36.2M |
| Cash Paid To Employees | 164.0M | 156.0M | 110.0M | 102.0M | 82.4M | 78.1M | 60.3M | 48.2M | 36.5M | 29.0M | 22.0M | 15.4M |
| Taxes Paid | 22.5M | 12.5M | 8.6M | 13.3M | 15.0M | 7.4M | 11.2M | 11.0M | 11.2M | 8.0M | 6.3M | 4.8M |
| Total Operating Cash Outflow | 431.0M | 366.0M | 353.0M | 342.0M | 275.0M | 252.0M | 221.0M | 164.0M | 127.0M | 95.5M | 96.0M | 73.8M |
| Operating Cash Flow | 112.0M | -33.7M | -60.5M | 27.9M | 29.6M | -8.0M | 14.3M | 10.4M | -14.6M | -13.1M | 8.4M | 7.4M |
| Total Investing Cash Inflow | 2.5B | 1.0B | 46,600 | -- | -- | 50,100 | 23,000 | 7.1M | -- | 13.0M | 12.1M | 25.8M |
| Total Investing Cash Outflow | 2.5B | 1.1B | 4.6M | 3.0M | 3.6M | 6.1M | 4.6M | 8.9M | 1.9M | 1.4M | 31.2M | 41.1M |
| Investing Cash Flow | -20.0M | -64.5M | -4.5M | -3.0M | -3.6M | -6.0M | -4.5M | -1.8M | -1.9M | 11.6M | -19.1M | -15.3M |
| Cash From Borrowings | -- | 44.9M | 15.0M | 15.0M | 6.0M | 39.9M | 20.8M | 6.0M | 25.9M | 14.0M | 16.0M | 3.7M |
| Dividends And Interest Paid | 8.0M | 8.7M | 6.4M | 6.6M | 6.0M | 5.5M | 2.7M | 6.4M | 718,600 | 500,700 | 2.3M | 114,200 |
| Debt Repayments | 694,900 | 59.2M | 15.0M | 16.0M | 24.9M | 21.9M | 9.9M | 25.9M | 14.0M | 4.0M | -- | 5.4M |
| Total Financing Cash Inflow | 900,000 | 761.0M | 15.1M | 15.7M | 61.5M | 40.1M | 20.8M | 6.0M | 88.8M | 16.0M | 16.0M | 3.8M |
| Total Financing Cash Outflow | 54.8M | 95.3M | 27.4M | 30.0M | 31.3M | 27.4M | 12.6M | 32.5M | 15.2M | 4.6M | 2.4M | 5.5M |
| Financing Cash Flow | -53.9M | 666.0M | -12.3M | -14.3M | 30.2M | 12.7M | 8.2M | -26.5M | 73.6M | 11.5M | 13.6M | -1.7M |
| Net Change In Cash | 38.5M | 568.0M | -76.9M | 10.0M | 53.4M | -1.2M | 18.9M | -17.3M | 57.2M | 10.1M | 2.9M | -9.6M |
| Ending Cash Balance | 669.0M | 630.0M | 61.7M | 139.0M | 129.0M | 75.3M | 76.6M | 57.6M | 75.0M | 17.7M | 7.7M | 4.8M |
| Capex | 52.3M | 17.4M | 4.6M | 3.0M | 3.6M | 5.9M | 3.8M | 1.9M | 1.9M | 1.4M | 23.9M | 4.1M |