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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 294.0M | 291.0M | 236.0M | 203.0M | 152.0M | 107.0M | 65.1M | 40.6M | 24.4M | 11.8M | 5.6M |
| Revenue Growth % | 1.0% | 23.3% | 16.3% | 33.6% | 42.1% | 64.3% | 60.4% | 66.6% | 107.0% | 110.8% | -- |
| Total Revenue | 294.0M | 291.0M | 236.0M | 203.0M | 152.0M | 107.0M | 65.1M | 40.6M | 24.4M | 11.8M | 5.6M |
| Cost Of Revenue | 80.3M | 75.1M | 52.7M | 42.9M | 37.2M | 24.8M | 18.5M | 8.6M | 5.1M | 5.8M | 2.8M |
| Gross Profit | 213.7M | 215.9M | 183.3M | 160.1M | 114.8M | 82.2M | 46.6M | 32.0M | 19.3M | 5.9M | 2.8M |
| Gross Margin % | 72.7% | 74.2% | 77.7% | 78.8% | 75.5% | 76.8% | 71.6% | 78.9% | 79.0% | 50.4% | 49.3% |
| Total Operating Cost | 328.0M | 272.0M | 204.0M | 170.0M | 130.0M | 93.5M | 46.2M | 29.2M | 15.0M | 10.6M | 5.2M |
| Selling Expenses | 125.0M | 106.0M | 74.7M | 64.7M | 52.0M | 42.4M | 8.3M | 7.1M | 1.9M | 545,900 | 256,600 |
| Admin Expenses | 35.5M | 30.8M | 21.5M | 16.4M | 10.6M | 7.9M | 17.8M | 13.0M | 7.7M | 4.1M | 2.1M |
| Rd Expenses | 71.0M | 55.7M | 47.7M | 38.7M | 24.9M | 14.9M | -- | -- | -- | -- | -- |
| Finance Expenses | -2.3M | -6.2M | -626,600 | 23,800 | -408,200 | 31,000 | -5,900 | -30,900 | -13,300 | -14,800 | -1,800 |
| Operating Income | -3.0M | 41.8M | 49.5M | 52.2M | 35.0M | 19.9M | 22.6M | 11.7M | 9.3M | 1.2M | 384,000 |
| Operating Margin % | -1.0% | 14.4% | 21.0% | 25.7% | 23.0% | 18.6% | 34.7% | 28.9% | 38.3% | 9.9% | 6.9% |
| Non Operating Income | 60,800 | 24,100 | 75,000 | 17,300 | 56,400 | 24,900 | 1.4M | 3.9M | 634,200 | 336,700 | 343,100 |
| Non Operating Expenses | 1.0M | 1.0M | 961,500 | 1.2M | 527,700 | 146,300 | -- | 17,100 | 18.00 | -- | -- |
| Investment Income | 10.7M | 794,800 | 1.4M | 2.4M | 1.3M | 271,400 | 285,200 | 375,300 | -- | -- | -- |
| Fair Value Change Income | 492,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -58,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.3M | 881,500 | -23,700 | 286,800 | 319,000 | 217,400 | 694,600 | 105,800 | 38,600 | 5,300 | 3,000 |
| Other Income | 20.2M | 22.5M | 16.2M | 16.8M | 11.8M | 6.5M | 3.4M | -- | -- | -- | -- |
| Income Before Tax | -4.0M | 40.8M | 48.7M | 50.9M | 34.5M | 19.8M | 24.1M | 15.6M | 10.0M | 1.5M | 727,100 |
| Income Tax | -8.2M | -1.7M | 2.5M | 3.3M | 3.3M | 3.6M | 3.0M | 2.5M | 1.1M | 179,100 | 106,800 |
| Net Income | 4.2M | 42.5M | 46.2M | 47.7M | 31.2M | 16.1M | 21.0M | 13.2M | 8.8M | 1.3M | 620,300 |
| Net Margin % | 1.4% | 14.6% | 19.6% | 23.5% | 20.5% | 15.1% | 32.3% | 32.5% | 36.2% | 11.2% | 11.1% |
| Net Income Attributable | 1.6M | 42.5M | 46.2M | 47.8M | 31.4M | 18.1M | 21.3M | 13.3M | 8.8M | 1.3M | 620,300 |
| Minority Interest | 2.5M | -- | -- | -118,800 | -133,600 | -1.9M | -251,900 | -95,800 | -- | -- | -- |
| Eps Basic | 0.02 | 0.66 | 0.82 | 0.85 | 0.59 | 0.36 | 0.53 | 0.33 | 0.63 | 0.10 | 0.09 |
| Eps Diluted | 0.02 | 0.66 | 0.82 | 0.85 | 0.59 | 0.36 | 0.53 | 0.33 | 0.63 | 0.10 | 0.09 |
| 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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 71.8M | 770.0M | 132.0M | 142.0M | 137.0M | 20.6M | 7.1M | 4.9M | 18.0M | 2.2M | 699,100 |
| Trading Financial Assets | 174.0M | -- | -- | -- | -- | 10.1M | -- | -- | -- | -- | -- |
| Accounts Receivable | 281.0M | 237.0M | 150.0M | 100.0M | 60.7M | 46.4M | 48.5M | 19.4M | 8.6M | 1.7M | 588,400 |
| Notes Receivable | 7.5M | -- | 1.2M | 3.0M | 2.9M | 424,000 | -- | 1.3M | -- | -- | 333,700 |
| Notes And Accounts Receivable | 288.0M | 237.0M | 151.0M | 103.0M | 63.7M | 46.8M | 48.5M | 20.7M | 8.6M | 1.7M | 922,100 |
| Prepayments | 11.6M | 3.6M | 2.4M | 6.2M | 1.9M | 5.9M | 723,600 | 1.1M | 1.0M | 68,800 | 233,800 |
| Inventory | 24.9M | 10.7M | 8.8M | 10.6M | 9.1M | 11.5M | 5.7M | 3.3M | 432,600 | 326,400 | 438,000 |
| Total Current Assets | 667.0M | 1.0B | 310.0M | 274.0M | 219.0M | 106.0M | 72.5M | 42.5M | 30.3M | 5.1M | 2.5M |
| Fixed Assets | -- | 10.8M | 8.0M | 8.2M | 8.3M | 7.1M | 6.6M | 327,200 | 327,400 | 478,200 | 265,200 |
| Fixed Assets Total | 9.7M | 10.8M | 8.0M | 8.2M | 8.3M | 7.1M | 6.6M | 327,200 | 327,400 | 478,200 | 265,200 |
| Intangible Assets | 41.8M | 14.6M | 5.2M | 1.2M | 490,800 | 57,000 | 100,800 | 51,100 | -- | 9.2M | 9.2M |
| Long Term Deferred Expenses | 8.2M | 5.5M | 3.3M | 3.4M | 3.0M | 4.1M | 926,200 | 357,600 | -- | -- | -- |
| Total Non Current Assets | 515.0M | 92.0M | 58.9M | 41.1M | 25.8M | 18.1M | 8.0M | 3.0M | 334,400 | 9.7M | 9.5M |
| Total Assets | 1.2B | 1.1B | 369.0M | 315.0M | 245.0M | 124.0M | 80.5M | 45.4M | 30.6M | 14.7M | 12.0M |
| Short Term Borrowings | 17.2M | -- | -- | -- | -- | 1.4M | -- | -- | -- | -- | -- |
| Accounts Payable | 74.5M | 67.8M | 49.3M | 35.5M | 29.0M | 17.5M | 8.6M | 1.6M | 390,000 | -- | 678,200 |
| Advance Receipts | -- | -- | -- | -- | -- | 15.5M | 1.7M | 823,600 | 720,700 | 700,200 | 41,500 |
| Contract Liabilities | 21.3M | 30.7M | 13.7M | 19.9M | 9.9M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 172.0M | 128.0M | 90.4M | 82.0M | 60.4M | 49.9M | 20.6M | 6.5M | 4.9M | 1.6M | 1.4M |
| Total Non Current Liabilities | 14.1M | 9.5M | 9.6M | 2.1M | 673,700 | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 186.0M | 138.0M | 100.0M | 84.0M | 61.1M | 49.9M | 20.6M | 6.5M | 4.9M | 1.6M | 1.4M |
| Paid In Capital | 75.4M | 75.4M | 56.5M | 56.5M | 56.5M | 51.3M | 40.0M | 14.6M | 14.6M | 11.2M | 10.0M |
| Capital Reserve | 757.0M | 755.0M | 95.3M | 89.6M | 83.6M | 7.0M | 267,700 | 5.0M | 5.0M | -- | -- |
| Surplus Reserve | 23.2M | 23.2M | 21.7M | 16.2M | 11.4M | 7.1M | 4.3M | 2.2M | 608,000 | 193,200 | 61,400 |
| Retained Earnings | 114.0M | 117.0M | 75.9M | 52.2M | 26.2M | 12.3M | 15.7M | 17.2M | 5.5M | 1.7M | 552,800 |
| Minority Equity | 14.5M | -- | -- | -- | -240,300 | -3.6M | -347,700 | -95,800 | -- | -- | -- |
| Equity Attributable | 982.0M | 1.0B | 269.0M | 231.0M | 184.0M | 77.7M | 60.3M | 39.0M | 25.7M | 13.1M | 10.6M |
| Total Equity | 996.0M | 1.0B | 269.0M | 231.0M | 184.0M | 74.1M | 59.9M | 38.9M | 25.7M | 13.1M | 10.6M |
| 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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 267.0M | 258.0M | 205.0M | 190.0M | 151.0M | 119.0M | 47.7M | 35.3M | 21.0M | 13.4M | 7.6M |
| Tax Refunds Received | 12.4M | 13.4M | 13.8M | 12.7M | 11.7M | 6.5M | 3.4M | 3.9M | 631,200 | 336,700 | 343,100 |
| Total Operating Cash Inflow | 303.0M | 296.0M | 226.0M | 209.0M | 171.0M | 125.0M | 54.2M | 40.4M | 22.1M | 13.9M | 8.2M |
| Cash Paid For Goods | 112.0M | 88.7M | 40.1M | 44.5M | 30.8M | 25.2M | 15.2M | 12.3M | 6.6M | 7.8M | 4.5M |
| Cash Paid To Employees | 184.0M | 135.0M | 106.0M | 78.2M | 54.3M | 39.8M | 12.8M | 6.3M | 3.3M | 2.1M | 1.2M |
| Taxes Paid | 20.3M | 26.5M | 26.1M | 25.5M | 21.6M | 15.9M | 7.7M | 7.6M | 1.5M | 925,800 | 379,900 |
| Total Operating Cash Outflow | 367.0M | 306.0M | 213.0M | 184.0M | 129.0M | 118.0M | 49.9M | 42.4M | 17.3M | 13.2M | 7.7M |
| Operating Cash Flow | -63.4M | -10.7M | 13.2M | 24.4M | 41.8M | 7.2M | 4.3M | -2.1M | 4.8M | 694,300 | 545,600 |
| Total Investing Cash Inflow | 875.0M | 113.0M | 226.0M | 361.0M | 101.0M | 35.2M | 18.5M | 63.2M | -- | -- | -- |
| Total Investing Cash Outflow | 1.5B | 127.0M | 236.0M | 364.0M | 93.7M | 39.2M | 20.5M | 74.2M | 2.1M | 377,100 | 236,600 |
| Investing Cash Flow | -620.0M | -14.3M | -9.3M | -3.5M | 7.8M | -4.0M | -2.0M | -11.0M | -2.1M | -377,100 | -236,600 |
| Cash From Borrowings | 14.0M | -- | -- | -- | -- | 2.0M | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 4.7M | -- | 17.0M | 14.8M | 13.2M | 91,400 | -- | -- | 1.7M | -- | -- |
| Debt Repayments | 1.0M | -- | -- | -- | 1.4M | 600,000 | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 14.0M | 693.0M | -- | -- | 81.6M | 9.9M | -- | -- | 14.7M | 1.2M | -- |
| Total Financing Cash Outflow | 29.8M | 25.4M | 19.6M | 15.9M | 14.6M | 691,400 | -- | -- | 1.7M | -- | -- |
| Financing Cash Flow | -15.8M | 668.0M | -19.6M | -15.9M | 67.0M | 9.2M | -- | -- | 13.0M | 1.2M | -- |
| Net Change In Cash | -699.0M | 643.0M | -15.6M | 5.0M | 117.0M | 12.4M | 2.2M | -13.1M | 15.8M | 1.5M | 309,000 |
| Ending Cash Balance | 70.4M | 769.0M | 126.0M | 142.0M | 137.0M | 20.5M | 7.1M | 4.9M | 18.0M | 2.2M | 699,100 |
| Capex | 12.2M | 15.1M | 9.7M | 3.9M | 3.6M | 4.2M | 5.5M | 3.0M | 52,900 | 377,100 | 236,600 |