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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 206.0M | 226.0M | 245.0M | 236.0M | 184.0M | 169.0M | 124.0M | 91.4M |
| Revenue Growth % | -8.8% | -7.8% | 3.8% | 28.3% | 8.9% | 36.3% | 35.7% | -- |
| Total Revenue | 206.0M | 226.0M | 245.0M | 236.0M | 184.0M | 169.0M | 124.0M | 91.4M |
| Cost Of Revenue | 59.6M | 39.2M | 40.8M | 34.6M | 29.8M | 28.9M | 20.8M | 18.6M |
| Gross Profit | 146.4M | 186.8M | 204.2M | 201.4M | 154.2M | 140.1M | 103.2M | 72.8M |
| Gross Margin % | 71.1% | 82.6% | 83.4% | 85.3% | 83.8% | 82.9% | 83.2% | 79.7% |
| Total Operating Cost | 234.0M | 212.0M | 168.0M | 125.0M | 89.6M | 107.0M | 96.8M | 65.4M |
| Selling Expenses | 48.0M | 37.7M | 31.3M | 23.1M | 11.5M | 15.6M | 13.3M | 9.4M |
| Admin Expenses | 75.6M | 84.3M | 38.7M | 30.3M | 28.2M | 38.1M | 43.2M | 23.7M |
| Rd Expenses | 38.8M | 45.5M | 57.5M | 33.2M | 16.0M | 22.5M | 18.0M | 12.4M |
| Finance Expenses | -388,200 | -116,900 | -3.7M | -834,400 | 1.6M | 594,500 | -56,000 | 229,100 |
| Operating Income | -7.4M | 49.0M | 96.3M | 135.0M | 102.0M | 74.4M | 34.8M | 27.5M |
| Operating Margin % | -3.6% | 21.7% | 39.3% | 57.2% | 55.4% | 44.1% | 28.1% | 30.1% |
| Non Operating Income | 84,800 | 193,300 | -- | 139,100 | 53,700 | 135,200 | 200.00 | -- |
| Non Operating Expenses | 1.7M | 93,100 | 114,800 | 3.0M | 164,100 | 30,600 | 549,500 | -- |
| Investment Income | 11.6M | 2.9M | 29,900 | 532,600 | 2.0M | 523,800 | 1.5M | 565,300 |
| Fair Value Change Income | 6.4M | 15.1M | 10.2M | 14.4M | 2.5M | 12.2M | -- | -- |
| Asset Disposal Income | 637,400 | -588,900 | -324,400 | -- | -76,600 | -- | -- | -- |
| Asset Impairment Loss | -201,300 | -- | 13,900 | 1.1M | 199,100 | 427,300 | 562,300 | 636,700 |
| Other Income | 2.2M | 17.0M | 8.8M | 9.0M | 3.5M | 260,700 | 6.4M | 907,000 |
| Income Before Tax | -8.9M | 49.1M | 96.2M | 132.0M | 102.0M | 74.6M | 34.3M | 27.5M |
| Income Tax | 8.2M | -3.9M | 4.5M | 14.0M | 15.0M | 10.4M | 6.7M | 3.9M |
| Net Income | -17.1M | 53.0M | 91.7M | 118.0M | 87.1M | 64.2M | 27.5M | 23.5M |
| Net Margin % | -8.3% | 23.4% | 37.4% | 50.0% | 47.3% | 38.0% | 22.2% | 25.8% |
| Net Income Attributable | -12.7M | 54.2M | 95.2M | 121.0M | 88.9M | 67.8M | 33.0M | 23.5M |
| Minority Interest | -4.5M | -1.3M | -3.5M | -2.7M | -1.8M | -3.6M | -5.5M | -- |
| Eps Basic | -0.09 | 0.41 | 0.71 | 1.01 | 0.89 | 0.68 | 0.34 | 0.29 |
| Eps Diluted | -0.09 | 0.41 | 0.71 | 1.01 | 0.89 | 0.68 | 0.34 | 0.29 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 157.0M | 161.0M | 260.0M | 411.0M | 21.1M | 75.4M | 86.2M | 13.0M |
| Trading Financial Assets | 896.0M | 902.0M | 816.0M | 654.0M | 471.0M | 379.0M | -- | -- |
| Accounts Receivable | 67.2M | 59.3M | 38.9M | 27.8M | 18.6M | 13.6M | 23.7M | 17.9M |
| Notes And Accounts Receivable | 67.2M | 59.3M | 38.9M | 27.8M | 18.6M | 13.6M | 23.7M | 17.9M |
| Prepayments | 8.2M | 7.7M | 5.1M | 4.1M | 4.2M | 2.3M | 1.5M | 5.0M |
| Inventory | 54.6M | 32.7M | 18.3M | 19.0M | 21.9M | 7.5M | 12.5M | 15.5M |
| Total Current Assets | 1.2B | 1.2B | 1.1B | 1.1B | 554.0M | 489.0M | 371.0M | 258.0M |
| Fixed Assets | -- | 182.0M | 166.0M | 107.0M | 66.7M | 70.2M | 78.2M | 12.4M |
| Fixed Assets Total | 174.0M | 182.0M | 166.0M | 107.0M | 66.7M | 70.2M | 78.2M | 12.4M |
| Construction In Progress | -- | 332,900 | 1.5M | 60.8M | 139.0M | 123.0M | 41.7M | 30.2M |
| Construction In Progress Total | 73,100 | 332,900 | 1.5M | 60.8M | 139.0M | 123.0M | 41.7M | 30.2M |
| Intangible Assets | 25.4M | 22.1M | 23.4M | 24.6M | 25.8M | 27.0M | 28.3M | 7.1M |
| Long Term Deferred Expenses | 35.5M | 34.7M | 21.6M | 4.3M | 6.3M | 1.1M | 2.2M | 4.1M |
| Total Non Current Assets | 343.0M | 326.0M | 317.0M | 305.0M | 250.0M | 227.0M | 154.0M | 62.4M |
| Total Assets | 1.5B | 1.5B | 1.5B | 1.4B | 805.0M | 716.0M | 525.0M | 320.0M |
| Accounts Payable | 13.0M | 10.4M | 7.4M | 3.3M | 1.1M | 4.8M | 6.4M | 12,600 |
| Advance Receipts | -- | -- | -- | -- | -- | 1.4M | 1.2M | 669,200 |
| Contract Liabilities | 5.1M | 10.2M | 4.0M | 2.9M | 1.2M | -- | -- | -- |
| Total Current Liabilities | 52.3M | 50.8M | 48.5M | 55.2M | 71.4M | 86.0M | 61.7M | 8.3M |
| Long Term Borrowings | 40.8M | 45.4M | 45.9M | 56.5M | 49.5M | 43.8M | -- | -- |
| Total Non Current Liabilities | 66.9M | 71.8M | 85.0M | 100.0M | 81.9M | 66.3M | 11.7M | -- |
| Total Liabilities | 119.0M | 123.0M | 133.0M | 155.0M | 153.0M | 152.0M | 73.4M | 8.3M |
| Paid In Capital | 136.0M | 133.0M | 133.0M | 133.0M | 100.0M | 100.0M | 26.5M | 25.7M |
| Capital Reserve | 967.0M | 927.0M | 888.0M | 888.0M | 420.0M | 420.0M | 391.0M | 299.0M |
| Surplus Reserve | 46.9M | 45.8M | 42.4M | 31.8M | 18.8M | 8.4M | 4.2M | -- |
| Retained Earnings | 254.0M | 276.0M | 239.0M | 191.0M | 83.1M | 4.6M | 16.1M | -12.7M |
| Minority Equity | 17.1M | 21.6M | 22.8M | 26.3M | 29.0M | 30.8M | 13.2M | -- |
| Equity Attributable | 1.4B | 1.4B | 1.3B | 1.2B | 623.0M | 533.0M | 438.0M | 312.0M |
| Total Equity | 1.4B | 1.4B | 1.3B | 1.3B | 652.0M | 564.0M | 452.0M | 312.0M |
| 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 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 192.0M | 211.0M | 239.0M | 239.0M | 184.0M | 183.0M | 122.0M | 83.6M |
| Tax Refunds Received | -- | 2.3M | 5.1M | 15.0M | 1.8M | 206,600 | -- | -- |
| Total Operating Cash Inflow | 197.0M | 227.0M | 258.0M | 276.0M | 214.0M | 198.0M | 143.0M | 97.8M |
| Cash Paid For Goods | 72.9M | 63.0M | 40.2M | 33.7M | 40.8M | 27.4M | 3.9M | 10.8M |
| Cash Paid To Employees | 66.6M | 53.9M | 48.0M | 44.0M | 32.8M | 33.9M | 24.9M | 15.1M |
| Taxes Paid | 22.9M | 18.8M | 15.7M | 35.5M | 17.9M | 16.9M | 11.2M | 6.1M |
| Total Operating Cash Outflow | 217.0M | 175.0M | 156.0M | 147.0M | 129.0M | 110.0M | 63.3M | 64.7M |
| Operating Cash Flow | -19.6M | 51.7M | 102.0M | 130.0M | 84.9M | 88.4M | 79.7M | 33.2M |
| Total Investing Cash Inflow | 994.0M | 31.9M | 16.0M | 35.7M | 391.0M | 15.6M | 111.0M | 34.6M |
| Total Investing Cash Outflow | 980.0M | 150.0M | 213.0M | 265.0M | 535.0M | 222.0M | 212.0M | 258.0M |
| Investing Cash Flow | 14.2M | -118.0M | -197.0M | -229.0M | -143.0M | -206.0M | -101.0M | -223.0M |
| Cash From Borrowings | -- | 25.0M | -- | 47.6M | 8.2M | 76.7M | -- | 8.6M |
| Dividends And Interest Paid | 10.8M | 17.1M | 40.1M | 1.2M | 1.4M | 1.7M | -- | 310,600 |
| Debt Repayments | 10.0M | 32.0M | 8.6M | 34.6M | 2.6M | 10.3M | -- | 8.6M |
| Total Financing Cash Inflow | 22.5M | 25.0M | -- | 556.0M | 8.2M | 119.0M | 94.0M | 189.0M |
| Total Financing Cash Outflow | 21.5M | 57.2M | 55.8M | 65.7M | 4.0M | 12.3M | -- | 8.9M |
| Financing Cash Flow | 1.1M | -32.2M | -55.8M | 490.0M | 4.2M | 107.0M | 94.0M | 180.0M |
| Net Change In Cash | -4.5M | -98.6M | -151.0M | 390.0M | -54.3M | -10.8M | 72.9M | -10.3M |
| Ending Cash Balance | 157.0M | 161.0M | 260.0M | 411.0M | 20.8M | 75.1M | 85.9M | 13.0M |
| Capex | 13.4M | 21.9M | 45.4M | 61.2M | 56.4M | 77.1M | 99.5M | 30.6M |