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 |
|---|---|---|---|---|---|---|
| Revenue | 381.0M | 339.0M | 374.0M | 375.0M | 257.0M | 168.0M |
| Revenue Growth % | 12.4% | -9.4% | -0.3% | 45.9% | 53.0% | -- |
| Total Revenue | 381.0M | 339.0M | 374.0M | 375.0M | 257.0M | 168.0M |
| Cost Of Revenue | 229.0M | 218.0M | 257.0M | 268.0M | 174.0M | 94.8M |
| Gross Profit | 152.0M | 121.0M | 117.0M | 107.0M | 83.0M | 73.2M |
| Gross Margin % | 39.9% | 35.7% | 31.3% | 28.5% | 32.3% | 43.6% |
| Total Operating Cost | 310.0M | 278.0M | 314.0M | 324.0M | 213.0M | 142.0M |
| Selling Expenses | 25.0M | 17.8M | 17.0M | 14.0M | 12.8M | 18.1M |
| Admin Expenses | 28.0M | 19.6M | 14.2M | 13.1M | 9.0M | 14.6M |
| Rd Expenses | 28.0M | 22.4M | 22.1M | 21.3M | 14.3M | 9.6M |
| Finance Expenses | -2.3M | -2.9M | 1.4M | 1.6M | 596,700 | 188,600 |
| Operating Income | 87.2M | 67.9M | 61.8M | 51.7M | 44.9M | 27.8M |
| Operating Margin % | 22.9% | 20.0% | 16.5% | 13.8% | 17.5% | 16.5% |
| Non Operating Income | 95,300 | 400.00 | 203,800 | -- | 2,600 | -- |
| Non Operating Expenses | 192,600 | 268,900 | 104,700 | 14,200 | 201,200 | 41,600 |
| Investment Income | 2.5M | 2.1M | -- | -167,400 | -305,200 | -92,000 |
| Fair Value Change Income | 10.3M | 1.7M | -- | -- | -- | -- |
| Asset Disposal Income | -- | 3,000 | -- | -- | -- | 57,600 |
| Asset Impairment Loss | 189,300 | 499,100 | 859,400 | 1.4M | 647,200 | 261,100 |
| Other Income | 3.8M | 2.8M | 1.3M | 286,000 | 1.1M | 2.4M |
| Income Before Tax | 87.1M | 67.6M | 61.9M | 51.7M | 44.7M | 27.7M |
| Income Tax | 12.4M | 9.0M | 7.2M | 6.7M | 5.9M | 4.8M |
| Net Income | 74.7M | 58.6M | 54.6M | 45.0M | 38.8M | 23.0M |
| Net Margin % | 19.6% | 17.3% | 14.6% | 12.0% | 15.1% | 13.7% |
| Net Income Attributable | 74.7M | 58.6M | 54.6M | 45.0M | 38.8M | 23.0M |
| Eps Basic | 0.89 | 0.79 | 1.26 | 1.06 | 1.00 | -- |
| Eps Diluted | 0.89 | 0.79 | 1.26 | 1.06 | 1.00 | -- |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 177.0M | 241.0M | 57.6M | 39.3M | 46.2M | 3.3M |
| Trading Financial Assets | 639.0M | 577.0M | -- | -- | -- | -- |
| Accounts Receivable | 150.0M | 148.0M | 140.0M | 139.0M | 89.2M | 71.5M |
| Notes Receivable | 22.6M | 11.5M | 20.7M | 16.6M | 22.2M | 7.5M |
| Notes And Accounts Receivable | 173.0M | 160.0M | 161.0M | 156.0M | 111.0M | 79.0M |
| Prepayments | 54.4M | 1.4M | 3.6M | 2.7M | 935,400 | 3.2M |
| Inventory | 39.7M | 33.6M | 44.8M | 46.1M | 28.4M | 20.5M |
| Total Current Assets | 1.1B | 1.1B | 293.0M | 278.0M | 211.0M | 115.0M |
| Fixed Assets | -- | 17.1M | 14.3M | 12.9M | 5.8M | 5.1M |
| Fixed Assets Total | 30.2M | 17.1M | 14.3M | 12.9M | 5.8M | 5.1M |
| Construction In Progress | -- | 5.8M | 3.5M | 283,200 | -- | -- |
| Construction In Progress Total | 13.5M | 5.8M | 3.5M | 283,200 | -- | -- |
| Intangible Assets | 17.8M | 36.9M | 37.6M | -- | -- | -- |
| Long Term Deferred Expenses | 25.9M | 11.2M | 12.8M | 14.7M | 490,700 | 685,700 |
| Total Non Current Assets | 125.0M | 115.0M | 103.0M | 59.1M | 9.9M | 7.7M |
| Total Assets | 1.2B | 1.2B | 395.0M | 337.0M | 221.0M | 122.0M |
| Short Term Borrowings | -- | -- | -- | -- | 6.0M | 9.5M |
| Accounts Payable | 25.4M | 15.6M | 14.7M | 25.1M | 9.8M | 9.2M |
| Contract Liabilities | 32.0M | -- | -- | 5,900 | -- | -- |
| Total Current Liabilities | 86.6M | 41.1M | 41.0M | 47.4M | 35.6M | 37.9M |
| Total Non Current Liabilities | 34.2M | 32.5M | 27.5M | 25.2M | -- | -- |
| Total Liabilities | 121.0M | 73.6M | 68.5M | 72.6M | 35.6M | 37.9M |
| Paid In Capital | 84.0M | 58.1M | 43.6M | 43.2M | 42.0M | 10.0M |
| Capital Reserve | 821.0M | 840.0M | 142.0M | 126.0M | 93.0M | 9.1M |
| Surplus Reserve | 12.7M | 11.9M | 11.2M | 3.6M | 858,100 | 4.3M |
| Retained Earnings | 242.0M | 187.0M | 130.0M | 92.2M | 49.9M | 61.0M |
| Equity Attributable | 1.1B | 1.1B | 327.0M | 264.0M | 186.0M | 84.5M |
| Total Equity | 1.1B | 1.1B | 327.0M | 264.0M | 186.0M | 84.5M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 361.0M | 300.0M | 336.0M | 280.0M | 185.0M | 125.0M |
| Tax Refunds Received | 185,900 | 464,800 | 877,700 | 618,300 | 588,900 | 175,900 |
| Total Operating Cash Inflow | 374.0M | 306.0M | 338.0M | 282.0M | 188.0M | 128.0M |
| Cash Paid For Goods | 210.0M | 167.0M | 194.0M | 233.0M | 135.0M | 80.7M |
| Cash Paid To Employees | 44.1M | 35.6M | 33.1M | 26.9M | 21.6M | 18.5M |
| Taxes Paid | 29.7M | 29.2M | 24.9M | 18.0M | 17.4M | 13.5M |
| Total Operating Cash Outflow | 303.0M | 244.0M | 266.0M | 287.0M | 188.0M | 129.0M |
| Operating Cash Flow | 71.1M | 62.2M | 72.6M | -4.7M | 10,500 | -1.4M |
| Total Investing Cash Inflow | 1.8B | 372.0M | -- | 18.2M | 8.0M | 106,600 |
| Total Investing Cash Outflow | 1.9B | 960.0M | 48.8M | 40.1M | 19.8M | 11.0M |
| Investing Cash Flow | -64.9M | -588.0M | -48.8M | -21.9M | -11.8M | -10.9M |
| Cash From Borrowings | -- | -- | -- | -- | 7.5M | 12.5M |
| Dividends And Interest Paid | 19.5M | -- | 10.0M | 172,000 | 28.0M | 161,100 |
| Debt Repayments | -- | -- | -- | 6.0M | 11.0M | 3.5M |
| Total Financing Cash Inflow | 172,500 | 734.0M | 13.9M | 30.0M | 94.1M | 12.5M |
| Total Financing Cash Outflow | 69.9M | 25.5M | 19.5M | 10.3M | 39.4M | 3.7M |
| Financing Cash Flow | -69.8M | 708.0M | -5.5M | 19.7M | 54.7M | 8.8M |
| Net Change In Cash | -63.6M | 183.0M | 18.3M | -6.9M | 42.9M | -3.4M |
| Ending Cash Balance | 177.0M | 240.0M | 57.6M | 39.3M | 46.2M | 3.3M |
| Capex | 41.7M | 15.0M | 48.8M | 22.1M | 4.2M | 3.8M |