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 | 1.1B | 1.3B | 1.3B | 955.0M | 506.0M | 406.0M |
| Revenue Growth % | -18.7% | 2.9% | 36.4% | 88.7% | 24.6% | -- |
| Total Revenue | 1.1B | 1.3B | 1.3B | 955.0M | 506.0M | 406.0M |
| Cost Of Revenue | 815.0M | 990.0M | 1.0B | 791.0M | 419.0M | 341.0M |
| Gross Profit | 275.0M | 351.0M | 256.0M | 164.0M | 87.0M | 65.0M |
| Gross Margin % | 25.2% | 26.2% | 19.6% | 17.2% | 17.2% | 16.0% |
| Total Operating Cost | 1.0B | 1.2B | 1.2B | 920.0M | 506.0M | 418.0M |
| Selling Expenses | 21.3M | 23.6M | 21.8M | 18.6M | 13.6M | 12.3M |
| Admin Expenses | 77.3M | 66.3M | 76.3M | 45.2M | 39.0M | 25.9M |
| Rd Expenses | 128.0M | 108.0M | 85.2M | 66.0M | 39.2M | 32.6M |
| Finance Expenses | -14.2M | -9.1M | -7.7M | -7.4M | -4.0M | -191,800 |
| Operating Income | 64.5M | 180.0M | 101.0M | 44.5M | 17.4M | -1.7M |
| Operating Margin % | 5.9% | 13.4% | 7.8% | 4.7% | 3.4% | -0.4% |
| Non Operating Income | 109,600 | 2.8M | 223,100 | 407,000 | -- | 10,500 |
| Non Operating Expenses | 114,500 | 100,000 | 108,800 | 75,000 | -- | 38,800 |
| Investment Income | 12.9M | 14.2M | 11.5M | 6.6M | 550,000 | 7.4M |
| Asset Disposal Income | 1.4M | -- | -20,300 | -- | -- | 71,500 |
| Asset Impairment Loss | 7.5M | 6.3M | 23,600 | 5.7M | 127,900 | 2.6M |
| Other Income | 5.5M | 11.9M | 12.1M | 3.3M | 17.0M | 3.3M |
| Income Before Tax | 64.5M | 183.0M | 101.0M | 44.8M | 17.4M | -1.7M |
| Income Tax | 3.5M | 12.2M | 6.5M | 1.2M | -214,600 | -6.2M |
| Net Income | 61.0M | 170.0M | 94.9M | 43.6M | 17.6M | 4.5M |
| Net Margin % | 5.6% | 12.7% | 7.3% | 4.6% | 3.5% | 1.1% |
| Net Income Attributable | 61.0M | 170.0M | 94.9M | 43.6M | 17.6M | 5.3M |
| Minority Interest | -- | -- | -- | -- | -- | -829,400 |
| Eps Basic | 0.56 | 1.89 | 1.05 | 0.48 | -- | -- |
| Eps Diluted | 0.56 | 1.89 | 1.05 | 0.48 | -- | -- |
| 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 | 855.0M | 412.0M | 427.0M | 421.0M | 553.0M | 63.4M |
| Trading Financial Assets | 90.0M | 301.0M | 281.0M | 150.0M | -- | -- |
| Accounts Receivable | 73.1M | 43.4M | 52.6M | 73.7M | 34.3M | 66.9M |
| Notes Receivable | 16.6M | 600,000 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 89.7M | 44.0M | 52.6M | 73.7M | 34.3M | 66.9M |
| Prepayments | 51.3M | 52.5M | 71.0M | 5.8M | 2.6M | 9.9M |
| Inventory | 107.0M | 202.0M | 175.0M | 120.0M | 36.1M | 35.9M |
| Total Current Assets | 1.3B | 1.1B | 1.1B | 777.0M | 628.0M | 178.0M |
| Fixed Assets | -- | 31.4M | 30.8M | 27.1M | 9.5M | 1.5M |
| Fixed Assets Total | 36.3M | 31.4M | 30.8M | 27.1M | 9.5M | 1.5M |
| Intangible Assets | 99.9M | 86.1M | 90.0M | 88.4M | 71.2M | 17.1M |
| Long Term Deferred Expenses | -- | 317,100 | 1.7M | 1.9M | 1.0M | -- |
| Total Non Current Assets | 421.0M | 223.0M | 249.0M | 332.0M | 184.0M | 46.6M |
| Total Assets | 1.7B | 1.4B | 1.4B | 1.1B | 812.0M | 225.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 7.0M |
| Accounts Payable | 77.7M | 128.0M | 150.0M | 232.0M | 133.0M | 147.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 64.9M |
| Contract Liabilities | 213.0M | 307.0M | 458.0M | 291.0M | 179.0M | -- |
| Total Current Liabilities | 364.0M | 528.0M | 709.0M | 600.0M | 358.0M | 231.0M |
| Total Non Current Liabilities | 5.5M | 6.6M | 7.9M | 12.3M | 6.4M | 12.9M |
| Total Liabilities | 370.0M | 535.0M | 717.0M | 612.0M | 364.0M | 244.0M |
| Paid In Capital | 120.0M | 90.0M | 90.0M | 90.0M | 53.6M | 26.9M |
| Capital Reserve | 920.0M | 418.0M | 408.0M | 373.0M | 510.0M | 81.8M |
| Surplus Reserve | 17.3M | 13.7M | 5.6M | 2.5M | -- | -- |
| Retained Earnings | 294.0M | 288.0M | 125.0M | 33.5M | -114.0M | -131.0M |
| Equity Attributable | 1.4B | 819.0M | 635.0M | 497.0M | 448.0M | -19.7M |
| Total Equity | 1.4B | 819.0M | 635.0M | 497.0M | 448.0M | -19.7M |
| 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 | 1.1B | 1.3B | 1.6B | 1.1B | 720.0M | 404.0M |
| Tax Refunds Received | -- | 2.8M | -- | -- | 1.0M | 829,000 |
| Total Operating Cash Inflow | 1.1B | 1.3B | 1.7B | 1.2B | 735.0M | 428.0M |
| Cash Paid For Goods | 772.0M | 1.0B | 1.3B | 825.0M | 473.0M | 320.0M |
| Cash Paid To Employees | 227.0M | 183.0M | 146.0M | 104.0M | 60.8M | 46.9M |
| Taxes Paid | 27.1M | 18.2M | 33.3M | 14.6M | 5.6M | 3.4M |
| Total Operating Cash Outflow | 1.1B | 1.3B | 1.5B | 976.0M | 561.0M | 395.0M |
| Operating Cash Flow | 9.1M | 36.7M | 163.0M | 175.0M | 174.0M | 32.5M |
| Total Investing Cash Inflow | 1.7B | 1.6B | 791.0M | 409.0M | 87.5M | 43.1M |
| Total Investing Cash Outflow | 1.7B | 1.7B | 954.0M | 663.0M | 248.0M | 70.8M |
| Investing Cash Flow | -36.0M | -46.7M | -163.0M | -254.0M | -161.0M | -27.7M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 13.9M |
| Dividends And Interest Paid | 51.3M | -- | -- | -- | 75,600 | 127,900 |
| Debt Repayments | -- | -- | -- | -- | 7.0M | 6.9M |
| Total Financing Cash Inflow | 548.0M | -- | -- | -- | 445.0M | 13.9M |
| Total Financing Cash Outflow | 79.4M | 5.0M | 4.3M | 3.9M | 9.1M | 7.0M |
| Financing Cash Flow | 469.0M | -5.0M | -4.3M | -3.9M | 435.0M | 6.8M |
| Net Change In Cash | 446.0M | -12.7M | 1.6M | -82.8M | 447.0M | 11.4M |
| Ending Cash Balance | 854.0M | 409.0M | 421.0M | 420.0M | 503.0M | 55.8M |
| Capex | 78.9M | 40.2M | 39.1M | 57.7M | 38.3M | 15.5M |