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 | 569.0M | 286.0M | 288.0M | 370.0M | 229.0M | 189.0M | 115.0M | 93.1M |
| Revenue Growth % | 99.0% | -0.7% | -22.2% | 61.6% | 21.2% | 64.3% | 23.5% | -- |
| Total Revenue | 569.0M | 286.0M | 288.0M | 370.0M | 229.0M | 189.0M | 115.0M | 93.1M |
| Cost Of Revenue | 465.0M | 214.0M | 176.0M | 208.0M | 126.0M | 98.6M | 61.8M | 45.1M |
| Gross Profit | 104.0M | 72.0M | 112.0M | 162.0M | 103.0M | 90.4M | 53.2M | 48.0M |
| Gross Margin % | 18.3% | 25.2% | 38.9% | 43.8% | 45.0% | 47.8% | 46.3% | 51.6% |
| Total Operating Cost | 600.0M | 340.0M | 268.0M | 266.0M | 160.0M | 169.0M | 84.3M | 64.6M |
| Selling Expenses | 25.2M | 19.4M | 14.0M | 11.4M | 4.7M | 6.9M | 5.6M | 4.3M |
| Admin Expenses | 33.8M | 29.5M | 25.3M | 15.0M | 9.7M | 49.2M | 6.0M | 6.0M |
| Rd Expenses | 56.9M | 72.2M | 53.8M | 28.0M | 14.1M | 11.6M | 9.0M | 7.0M |
| Finance Expenses | -6.7M | -11.6M | -3.9M | 22,800 | 2.1M | -294,400 | -184,800 | 958,300 |
| Operating Income | -19.2M | -34.2M | 36.3M | 111.0M | 70.9M | 21.1M | 30.8M | 28.7M |
| Operating Margin % | -3.4% | -12.0% | 12.6% | 30.0% | 31.0% | 11.1% | 26.8% | 30.8% |
| Non Operating Income | 2.9M | 39,300 | -- | 7.1M | 4,700 | 200.00 | -- | 34,500 |
| Non Operating Expenses | 664,700 | 174,700 | 83,600 | 214,000 | 237,000 | 15,900 | 29,400 | 5,000 |
| Investment Income | 5.5M | 12.0M | 5.7M | 3.2M | -- | -- | -- | -- |
| Fair Value Change Income | 952,400 | -- | 1.7M | 1.4M | -- | -- | -- | -- |
| Asset Disposal Income | 102,900 | -852,100 | 37,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 18.8M | 11.7M | 1.9M | 752,400 | 583,100 | 197,500 | 884,000 | 477,600 |
| Other Income | 5.0M | 8.5M | 8.5M | 1.7M | 1.4M | 343,400 | 532,200 | 142,100 |
| Income Before Tax | -16.9M | -34.4M | 36.2M | 118.0M | 70.7M | 21.1M | 30.8M | 28.7M |
| Income Tax | -8.3M | -13.5M | -1.9M | 14.3M | 9.3M | 8.1M | 3.7M | 3.8M |
| Net Income | -8.6M | -20.9M | 38.1M | 103.0M | 61.4M | 13.0M | 27.1M | 24.9M |
| Net Margin % | -1.5% | -7.3% | 13.2% | 27.8% | 26.8% | 6.9% | 23.6% | 26.8% |
| Net Income Attributable | -8.7M | -20.9M | 38.1M | 103.0M | 61.4M | 13.0M | 27.1M | 24.9M |
| Minority Interest | 69,300 | 31,800 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.07 | -0.18 | 0.46 | 1.38 | 1.02 | 0.22 | 0.45 | 0.42 |
| Eps Diluted | -0.07 | -0.18 | 0.46 | 1.38 | 1.02 | 0.22 | -- | -- |
| 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 | 91.6M | 712.0M | 206.0M | 112.0M | 27.4M | 3.0M | 9.2M | 6.8M |
| Trading Financial Assets | 519.0M | -- | 702.0M | 204.0M | -- | -- | -- | -- |
| Accounts Receivable | 190.0M | 117.0M | 55.5M | 73.4M | 74.0M | 58.8M | 43.3M | 30.5M |
| Notes Receivable | 845,600 | -- | -- | -- | -- | -- | 100,000 | -- |
| Notes And Accounts Receivable | 190.0M | 117.0M | 55.5M | 73.4M | 74.0M | 58.8M | 43.4M | 30.5M |
| Prepayments | 4.8M | 7.6M | 4.8M | 1.2M | 468,900 | 280,200 | 155,500 | 269,000 |
| Inventory | 98.8M | 70.2M | 60.1M | 39.3M | 31.8M | 20.4M | 13.9M | 7.9M |
| Total Current Assets | 979.0M | 1.0B | 1.1B | 476.0M | 163.0M | 102.0M | 67.3M | 47.0M |
| Long Term Equity Investment | 10.1M | 6.3M | 335,200 | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 261.0M | 215.0M | 73.9M | 47.3M | 44.8M | 26.9M | 22.8M |
| Fixed Assets Total | 319.0M | 261.0M | 215.0M | 73.9M | 47.3M | 44.8M | 26.9M | 22.8M |
| Construction In Progress | -- | 19.1M | 7.0M | 13.2M | 3.8M | -- | 7.2M | 1.2M |
| Construction In Progress Total | 10.4M | 19.1M | 7.0M | 13.2M | 3.8M | -- | 7.2M | 1.2M |
| Intangible Assets | 30.2M | 29.3M | 19.3M | 8.3M | 6.9M | 5.4M | 5.6M | 5.7M |
| Long Term Deferred Expenses | 13.8M | 14.9M | 15.0M | 8.9M | 3.9M | 2.5M | 974,600 | 710,300 |
| Total Non Current Assets | 429.0M | 374.0M | 280.0M | 219.0M | 67.3M | 54.4M | 41.4M | 31.1M |
| Total Assets | 1.4B | 1.4B | 1.3B | 695.0M | 230.0M | 156.0M | 109.0M | 78.0M |
| Short Term Borrowings | 12.0M | 29.8M | -- | -- | -- | -- | -- | 2.9M |
| Accounts Payable | 140.0M | 80.8M | 43.5M | 56.0M | 52.4M | 43.2M | 22.8M | 17.3M |
| Advance Receipts | 12,600 | 1.5M | -- | -- | -- | 1,200 | 5,200 | 29,900 |
| Contract Liabilities | 459,400 | 151,700 | 449,400 | 138,400 | 562,300 | -- | -- | -- |
| Total Current Liabilities | 185.0M | 137.0M | 64.6M | 79.0M | 64.7M | 53.9M | 28.7M | 25.3M |
| Long Term Borrowings | -- | -- | -- | 38.0M | -- | -- | 5.4M | 6.0M |
| Total Non Current Liabilities | 14.5M | 16.9M | 17.8M | 45.3M | 2.9M | 1.7M | 6.2M | 6.0M |
| Total Liabilities | 199.0M | 154.0M | 82.3M | 124.0M | 67.6M | 55.5M | 34.8M | 31.3M |
| Paid In Capital | 117.0M | 89.9M | 89.9M | 80.0M | 60.0M | 60.0M | 18.0M | 18.0M |
| Capital Reserve | 1.0B | 1.0B | 1.0B | 360.0M | 67.8M | 67.8M | -- | -- |
| Surplus Reserve | 17.7M | 17.7M | 17.7M | 13.8M | 3.4M | -- | 5.6M | 2.9M |
| Retained Earnings | 59.8M | 75.7M | 111.0M | 118.0M | 31.0M | -26.9M | 50.3M | 25.9M |
| Minority Equity | 104,700 | 31,400 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.2B | 1.3B | 571.0M | 162.0M | 101.0M | 73.9M | 46.8M |
| Total Equity | 1.2B | 1.2B | 1.3B | 571.0M | 162.0M | 101.0M | 73.9M | 46.8M |
| 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 | 449.0M | 252.0M | 314.0M | 338.0M | 186.0M | 156.0M | 111.0M | 95.6M |
| Tax Refunds Received | 10.5M | 15.4M | 14.7M | 9.3M | 787,400 | 803,300 | 706,400 | 1.3M |
| Total Operating Cash Inflow | 474.0M | 289.0M | 352.0M | 357.0M | 188.0M | 157.0M | 113.0M | 97.1M |
| Cash Paid For Goods | 268.0M | 137.0M | 166.0M | 166.0M | 79.6M | 66.6M | 57.8M | 47.3M |
| Cash Paid To Employees | 153.0M | 113.0M | 81.7M | 54.6M | 36.4M | 26.4M | 22.8M | 14.9M |
| Taxes Paid | 3.8M | 5.5M | 2.5M | 15.9M | 12.3M | 9.6M | 5.4M | 8.0M |
| Total Operating Cash Outflow | 460.0M | 300.0M | 284.0M | 254.0M | 138.0M | 113.0M | 92.8M | 77.6M |
| Operating Cash Flow | 14.1M | -11.1M | 67.7M | 104.0M | 50.6M | 43.9M | 19.9M | 19.4M |
| Total Investing Cash Inflow | 4.0B | 3.2B | 1.6B | 433.0M | -- | 3,058 | 4,698 | -- |
| Total Investing Cash Outflow | 4.6B | 2.7B | 2.2B | 802.0M | 22.0M | 18.5M | 14.3M | 9.6M |
| Investing Cash Flow | -599.0M | 543.0M | -626.0M | -368.0M | -22.0M | -18.5M | -14.3M | -9.6M |
| Cash From Borrowings | 12.0M | 29.8M | -- | 43.0M | 5.0M | 2.8M | 3.5M | 8.9M |
| Dividends And Interest Paid | 8.2M | 14.4M | 41.9M | 6.4M | 19,300 | 26.0M | 505,100 | 97,700 |
| Debt Repayments | 29.8M | -- | 43.0M | -- | 5.0M | 8.8M | 6.4M | -- |
| Total Financing Cash Inflow | 12.0M | 29.8M | 691.0M | 359.0M | 5.0M | 2.8M | 3.5M | 28.7M |
| Total Financing Cash Outflow | 42.4M | 15.4M | 86.4M | 8.7M | 8.5M | 34.8M | 6.9M | 32.0M |
| Financing Cash Flow | -30.4M | 14.3M | 605.0M | 350.0M | -3.5M | -32.0M | -3.4M | -3.3M |
| Net Change In Cash | -616.0M | 548.0M | 47.3M | 84.1M | 24.4M | -6.2M | 2.4M | 6.2M |
| Ending Cash Balance | 90.8M | 707.0M | 159.0M | 112.0M | 27.4M | 3.0M | 9.2M | 6.8M |
| Capex | 109.0M | 102.0M | 90.7M | 169.0M | 22.0M | 18.5M | 14.3M | 9.6M |