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 |
|---|---|---|---|---|---|
| Revenue | 317.0M | 184.0M | 92.5M | 51.8M | 1.7M |
| Revenue Growth % | 72.3% | 99.0% | 78.6% | 2991.0% | -- |
| Total Revenue | 317.0M | 184.0M | 92.5M | 51.8M | 1.7M |
| Cost Of Revenue | 116.0M | 64.4M | 33.7M | 21.3M | 1.5M |
| Gross Profit | 201.0M | 119.6M | 58.7M | 30.5M | 134,900 |
| Gross Margin % | 63.4% | 65.0% | 63.5% | 58.9% | 8.1% |
| Total Operating Cost | 402.0M | 387.0M | 434.0M | 536.0M | 67.3M |
| Selling Expenses | 110.0M | 103.0M | 75.9M | 54.0M | 16.6M |
| Admin Expenses | 69.7M | 87.8M | 206.0M | 394.0M | 18.4M |
| Rd Expenses | 101.0M | 131.0M | 132.0M | 59.0M | 31.1M |
| Finance Expenses | 316,300 | 81,000 | -13.7M | 7.9M | -599,400 |
| Operating Income | -60.8M | -175.0M | -336.0M | -475.0M | -60.4M |
| Operating Margin % | -19.2% | -95.1% | -363.4% | -917.7% | -3605.4% |
| Non Operating Income | 100.00 | 700.00 | -- | -- | -- |
| Non Operating Expenses | 131,200 | 72,800 | 325,400 | 83,100 | -- |
| Investment Income | 11.0M | 14.4M | 3.7M | 4.3M | 2.3M |
| Fair Value Change Income | 1.1M | 487,200 | -525,800 | 1.8M | -102,100 |
| Asset Disposal Income | 116,700 | -- | 3,100 | -- | -- |
| Asset Impairment Loss | 973,000 | 207,000 | 900.00 | 25,200 | 9,200 |
| Other Income | 12.3M | 13.5M | 3.0M | 3.7M | 3.0M |
| Income Before Tax | -60.9M | -175.0M | -336.0M | -475.0M | -60.4M |
| Income Tax | -7.2M | -19.9M | -35.5M | -25.5M | -10.4M |
| Net Income | -53.7M | -155.0M | -300.0M | -449.0M | -49.9M |
| Net Margin % | -17.0% | -84.2% | -324.5% | -867.4% | -2981.9% |
| Net Income Attributable | -43.6M | -140.0M | -290.0M | -445.0M | -49.8M |
| Minority Interest | -10.1M | -15.4M | -10.4M | -4.1M | -89,200 |
| Eps Basic | -0.12 | -0.39 | -0.81 | -1.27 | -- |
| Eps Diluted | -0.12 | -0.39 | -0.81 | -1.27 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 15.0M | 36.0M | 32.1M | 539.0M | 106.0M |
| Trading Financial Assets | 82.4M | 70.4M | 359.0M | 1.8M | -- |
| Accounts Receivable | 947,300 | 7.2M | 5.8M | -- | -- |
| Notes And Accounts Receivable | 947,300 | 7.2M | 5.8M | -- | -- |
| Prepayments | 7.6M | 14.3M | 5.4M | 13.7M | 6.9M |
| Inventory | 63.0M | 70.9M | 45.7M | 29.2M | 8.3M |
| Total Current Assets | 257.0M | 272.0M | 638.0M | 593.0M | 125.0M |
| Fixed Assets | 47.4M | 48.4M | 39.1M | 30.5M | 14.2M |
| Fixed Assets Total | 47.4M | 48.4M | 39.1M | 30.5M | 14.2M |
| Construction In Progress | 1.0M | 424,700 | -- | -- | -- |
| Construction In Progress Total | 1.0M | 424,700 | -- | -- | -- |
| Intangible Assets | 34.2M | 36.4M | 37.5M | 11.7M | 12.3M |
| Long Term Deferred Expenses | 16.7M | 21.5M | 21.2M | 8.3M | 5.4M |
| Total Non Current Assets | 526.0M | 508.0M | 216.0M | 242.0M | 142.0M |
| Total Assets | 783.0M | 780.0M | 854.0M | 835.0M | 267.0M |
| Short Term Borrowings | 30.0M | 30.0M | -- | -- | 3.5M |
| Accounts Payable | 10.8M | 6.3M | 7.2M | 2.2M | 649,700 |
| Contract Liabilities | 7.1M | 9.2M | 8.3M | 986,500 | 8.4M |
| Total Current Liabilities | 108.0M | 103.0M | 75.8M | 44.0M | 26.9M |
| Total Non Current Liabilities | 28.5M | 16.1M | 24.5M | 21.9M | 2.7M |
| Total Liabilities | 137.0M | 119.0M | 100.0M | 65.9M | 29.6M |
| Paid In Capital | 360.0M | 360.0M | 360.0M | 180.0M | 2.8M |
| Capital Reserve | 1.1B | 1.0B | 961.0M | 856.0M | 354.0M |
| Retained Earnings | -736.0M | -692.0M | -552.0M | -262.0M | -119.0M |
| Minority Equity | -40.2M | -30.0M | -14.6M | -4.2M | -89,200 |
| Equity Attributable | 686.0M | 691.0M | 769.0M | 774.0M | 237.0M |
| Total Equity | 646.0M | 661.0M | 754.0M | 769.0M | 237.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 360.0M | 209.0M | 106.0M | 50.1M | 11.4M |
| Tax Refunds Received | 7,800 | 1,000 | 1.8M | -- | -- |
| Total Operating Cash Inflow | 378.0M | 220.0M | 120.0M | 55.5M | 18.9M |
| Cash Paid For Goods | 99.8M | 106.0M | 56.5M | 60.5M | 21.7M |
| Cash Paid To Employees | 157.0M | 162.0M | 129.0M | 64.4M | 23.9M |
| Taxes Paid | 27.7M | 776,500 | 518,300 | 68,700 | -- |
| Total Operating Cash Outflow | 348.0M | 358.0M | 281.0M | 221.0M | 67.6M |
| Operating Cash Flow | 29.9M | -138.0M | -161.0M | -166.0M | -48.6M |
| Total Investing Cash Inflow | 567.0M | 894.0M | 1.2B | 251.0M | 104.0M |
| Total Investing Cash Outflow | 603.0M | 763.0M | 1.7B | 297.0M | 196.0M |
| Investing Cash Flow | -35.9M | 131.0M | -481.0M | -46.1M | -92.1M |
| Cash From Borrowings | 30.0M | 30.0M | -- | -- | 5.0M |
| Dividends And Interest Paid | 912,500 | 437,500 | -- | 78,000 | 109,400 |
| Debt Repayments | 30.0M | -- | -- | 3.5M | 1.5M |
| Total Financing Cash Inflow | 30.0M | 30.0M | 136.0M | 660.0M | 219.0M |
| Total Financing Cash Outflow | 45.0M | 19.3M | 13.2M | 7.9M | 1.6M |
| Financing Cash Flow | -15.0M | 10.7M | 122.0M | 652.0M | 217.0M |
| Net Change In Cash | -21.0M | 3.9M | -507.0M | 433.0M | 76.3M |
| Ending Cash Balance | 15.0M | 36.0M | 32.1M | 539.0M | 106.0M |
| Capex | 16.8M | 17.4M | 41.9M | 37.9M | 15.7M |