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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 277.0M | 292.0M | 248.0M | 203.0M | 158.0M | 112.0M | 85.6M | 48.6M | 26.5M | 17.2M | 14.3M | 12.1M |
| Revenue Growth % | -5.1% | 17.7% | 22.2% | 28.5% | 41.1% | 30.8% | 76.3% | 83.0% | 54.5% | 20.1% | 18.4% | -- |
| Total Revenue | 277.0M | 292.0M | 248.0M | 203.0M | 158.0M | 112.0M | 85.6M | 48.6M | 26.5M | 17.2M | 14.3M | 12.1M |
| Cost Of Revenue | 166.0M | 177.0M | 137.0M | 106.0M | 81.7M | 62.0M | 46.7M | 24.1M | 13.3M | 8.9M | 7.2M | 6.7M |
| Gross Profit | 111.0M | 115.0M | 111.0M | 97.0M | 76.3M | 50.0M | 38.9M | 24.4M | 13.2M | 8.3M | 7.1M | 5.4M |
| Gross Margin % | 40.1% | 39.4% | 44.8% | 47.8% | 48.3% | 44.6% | 45.4% | 50.3% | 49.8% | 48.2% | 49.5% | 44.6% |
| Total Operating Cost | 252.0M | 248.0M | 188.0M | 150.0M | 131.0M | 98.0M | 79.4M | 47.3M | 23.6M | 16.3M | 14.0M | 13.8M |
| Selling Expenses | 11.4M | 10.9M | 8.8M | 8.6M | 9.0M | 7.9M | 10.3M | 5.4M | 1.7M | 1.8M | 1.3M | 1.9M |
| Admin Expenses | 48.6M | 34.9M | 25.1M | 21.6M | 26.3M | 15.3M | 16.2M | 11.9M | 6.1M | 4.4M | 3.5M | 4.5M |
| Rd Expenses | 31.9M | 25.5M | 16.9M | 13.3M | 13.1M | 11.4M | 5.6M | 3.3M | -- | -- | -- | -- |
| Finance Expenses | -7.1M | -2.5M | -1.9M | -1.2M | 127,200 | 234,200 | -20,700 | 2.0M | 2.0M | 1.1M | 2.0M | 738,800 |
| Operating Income | 44.0M | 60.0M | 63.2M | 56.4M | 28.4M | 15.2M | 13.5M | 2.6M | 2.9M | 1.1M | 331,900 | -1.8M |
| Operating Margin % | 15.9% | 20.6% | 25.5% | 27.8% | 18.0% | 13.6% | 15.8% | 5.4% | 11.0% | 6.2% | 2.3% | -14.6% |
| Non Operating Income | 20,500 | 38,200 | 27,800 | 35,000 | 9,600 | 25,500 | 190,900 | 1.0M | 4.3M | 2.0M | 350,000 | 1.2M |
| Non Operating Expenses | 616,500 | 40,500 | 382,500 | 45,800 | 349,900 | 407,500 | 894,600 | 47,600 | 1,400 | 9,900 | 2,900 | -- |
| Investment Income | 6.2M | 369,800 | -113,100 | -11,900 | 169,900 | 179,100 | 937,000 | 6,644 | -- | 148,000 | 66,000 | -- |
| Fair Value Change Income | 249,300 | 76,200 | -- | -- | 20,000 | 53,900 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -17,600 | -- | -- | -- | -1,300 | -- | -417,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | -196,500 | 129,400 | 246,000 | 4,600 | 3,800 | 45,100 |
| Other Income | 12.5M | 16.0M | 3.1M | 3.4M | 1.3M | 1.1M | 6.8M | 1.4M | -- | -- | -- | -- |
| Income Before Tax | 43.4M | 60.0M | 62.8M | 56.4M | 28.1M | 14.9M | 12.8M | 3.6M | 7.3M | 3.1M | 679,000 | -613,600 |
| Income Tax | 4.1M | 5.5M | 6.9M | 6.3M | 3.4M | 1.2M | 1.1M | 231,200 | 641,700 | -691.64 | -432.20 | -6,769 |
| Net Income | 39.3M | 54.6M | 55.9M | 50.1M | 24.7M | 13.7M | 11.7M | 3.4M | 6.6M | 3.1M | 679,400 | -606,800 |
| Net Margin % | 14.2% | 18.7% | 22.5% | 24.7% | 15.6% | 12.2% | 13.7% | 6.9% | 25.0% | 18.0% | 4.8% | -5.0% |
| Net Income Attributable | 39.3M | 54.6M | 55.9M | 50.1M | 24.7M | 13.7M | 11.7M | 3.4M | 6.6M | 3.1M | 679,400 | -606,800 |
| Eps Basic | 0.32 | 0.55 | 0.61 | 0.55 | 0.27 | 0.15 | 0.13 | 0.04 | 0.09 | 0.04 | 0.01 | -0.01 |
| Eps Diluted | 0.32 | 0.55 | 0.61 | 0.55 | 0.27 | 0.15 | 0.13 | 0.04 | 0.09 | 0.04 | 0.01 | -0.01 |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 552.0M | 616.0M | 117.0M | 108.0M | 31.9M | 4.5M | 9.5M | 8.4M | 3.1M | 856,400 | 11.1M | 490,800 |
| Trading Financial Assets | 138.0M | 118.0M | -- | -- | 10.0M | 6.1M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 43.7M | 59.2M | 10.1M | 9.0M | 9.2M | 17.6M | 11.3M | 14.2M | 13.9M | 6.0M | 5.6M | 3.2M |
| Notes Receivable | 89.2M | 40.1M | 46.0M | 50.4M | 46.4M | 29.1M | 7.1M | 7.2M | 1.5M | 1.9M | 1.0M | 1.0M |
| Notes And Accounts Receivable | 133.0M | 99.3M | 56.1M | 59.3M | 55.6M | 46.7M | 18.4M | 21.5M | 15.4M | 8.0M | 6.6M | 4.3M |
| Prepayments | 8.5M | 12.9M | 35.9M | 25.8M | 8.0M | 4.8M | 7.3M | 864,600 | 2.9M | 1.6M | 1.1M | 3.3M |
| Inventory | 146.0M | 160.0M | 91.3M | 54.5M | 49.6M | 45.1M | 38.5M | 27.7M | 13.4M | 12.0M | 12.7M | 12.4M |
| Total Current Assets | 989.0M | 1.0B | 315.0M | 254.0M | 172.0M | 114.0M | 86.3M | 86.8M | 35.8M | 22.5M | 32.5M | 24.6M |
| Fixed Assets | -- | 115.0M | 105.0M | 64.5M | 73.7M | 78.1M | -- | -- | 64.7M | 42.1M | 43.7M | 37.9M |
| Fixed Assets Total | 122.0M | 115.0M | 105.0M | 64.5M | 73.7M | 78.1M | 75.0M | 62.5M | 64.7M | 42.1M | 43.7M | 37.9M |
| Construction In Progress | -- | 27.6M | 13.1M | 30.2M | 9.2M | 2.4M | -- | 241,700 | 109,200 | 12.6M | 4.4M | 6.1M |
| Construction In Progress Total | 139.0M | 27.6M | 13.1M | 30.2M | 9.2M | 2.4M | 3.4M | 731,400 | 451,000 | 12.8M | 4.6M | 6.4M |
| Intangible Assets | 69.0M | 72.2M | 35.6M | 38.1M | 40.6M | 43.1M | 45.5M | 48.9M | 51.3M | 2.2M | 2.2M | 2.3M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | 1.3M | -- | -- | -- |
| Total Non Current Assets | 366.0M | 226.0M | 161.0M | 138.0M | 125.0M | 127.0M | 130.0M | 117.0M | 118.0M | 95.2M | 72.4M | 58.7M |
| Total Assets | 1.4B | 1.2B | 475.0M | 392.0M | 297.0M | 241.0M | 216.0M | 203.0M | 154.0M | 118.0M | 105.0M | 83.4M |
| Short Term Borrowings | 16.0M | 2.6M | 69.2M | 51.8M | 9.0M | 9.0M | -- | -- | 23.0M | 16.0M | 21.0M | 14.0M |
| Accounts Payable | 11.1M | 1.9M | 1.7M | 298,400 | 468,800 | 2.6M | 530,300 | 390,700 | 4.0M | 2.9M | 1.9M | 2.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.2M | 88,800 | 308,700 | 807,200 | 500,000 | 381,800 | 173,100 |
| Contract Liabilities | 7.4M | 3.1M | 2.2M | 3.4M | 178,100 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 121.0M | 76.0M | 126.0M | 91.8M | 37.3M | 29.5M | 8.4M | 7.6M | 36.6M | 30.5M | 34.2M | 26.1M |
| Long Term Borrowings | 37.0M | -- | 12.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 61.0M | 11.8M | 22.3M | 9.2M | 8.2M | 8.0M | 7.2M | 6.2M | 6.3M | 7.2M | 7.7M | -- |
| Total Liabilities | 182.0M | 87.7M | 148.0M | 101.0M | 45.6M | 37.5M | 15.6M | 13.8M | 43.0M | 37.6M | 41.9M | 26.1M |
| Paid In Capital | 122.0M | 122.0M | 91.3M | 91.3M | 91.3M | 89.0M | 89.0M | 89.0M | 77.3M | 71.3M | 66.7M | 65.0M |
| Capital Reserve | 887.0M | 887.0M | 118.0M | 118.0M | 118.0M | 87.1M | 87.1M | 87.1M | 23.1M | 5.2M | 3.3M | -- |
| Surplus Reserve | 26.7M | 22.1M | 16.7M | 11.1M | 6.3M | 4.0M | 2.7M | 1.4M | 1.0M | 351,600 | -- | -- |
| Retained Earnings | 136.0M | 126.0M | 101.0M | 70.9M | 35.7M | 23.4M | 21.5M | 12.2M | 9.1M | 3.2M | -7.0M | -7.7M |
| Equity Attributable | 1.2B | 1.2B | 327.0M | 291.0M | 251.0M | 203.0M | 200.0M | 190.0M | 111.0M | 80.1M | 63.0M | 57.3M |
| Total Equity | 1.2B | 1.2B | 327.0M | 291.0M | 251.0M | 203.0M | 200.0M | 190.0M | 111.0M | 80.1M | 63.0M | 57.3M |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 196.0M | 138.0M | 125.0M | 133.0M | 104.0M | 57.9M | 54.4M | 28.0M | 23.7M | 18.7M | 14.5M | 10.8M |
| Tax Refunds Received | 414,300 | 927,400 | 1.9M | 2.0M | 600,200 | 567,200 | 701,700 | 226,300 | 201,400 | 79,000 | 25,700 | 3,200 |
| Total Operating Cash Inflow | 213.0M | 161.0M | 135.0M | 142.0M | 106.0M | 59.0M | 61.2M | 31.6M | 27.4M | 22.9M | 23.5M | 14.3M |
| Cash Paid For Goods | 53.1M | 120.0M | 59.0M | 30.9M | 24.2M | 15.1M | 16.2M | 16.1M | 12.6M | 6.2M | 5.5M | 1.7M |
| Cash Paid To Employees | 69.9M | 59.0M | 36.6M | 37.2M | 28.5M | 24.8M | 20.5M | 14.8M | 8.1M | 5.1M | 3.9M | 5.4M |
| Taxes Paid | 13.5M | 12.3M | 11.9M | 21.0M | 12.5M | 4.2M | 6.1M | 5.1M | 1.0M | 491,400 | 301,000 | 216,100 |
| Total Operating Cash Outflow | 161.0M | 222.0M | 122.0M | 104.0M | 84.2M | 58.7M | 51.0M | 41.7M | 26.6M | 15.2M | 11.6M | 17.1M |
| Operating Cash Flow | 51.5M | -61.7M | 12.5M | 37.8M | 21.5M | 274,400 | 10.2M | -10.0M | 775,600 | 7.7M | 11.9M | -2.8M |
| Total Investing Cash Inflow | 3.1B | 90.6M | -- | 50.1M | 39.2M | 34.0M | 112.0M | 6,644 | -- | 27.0M | 20.4M | -- |
| Total Investing Cash Outflow | 3.3B | 272.0M | 32.0M | 59.5M | 56.1M | 38.3M | 119.0M | 33.2M | 24.3M | 52.9M | 31.7M | 10.8M |
| Investing Cash Flow | -160.0M | -181.0M | -32.0M | -9.4M | -16.8M | -4.3M | -6.6M | -33.2M | -24.3M | -25.9M | -11.3M | -10.8M |
| Cash From Borrowings | 37.0M | 66.4M | 81.4M | 44.0M | 9.0M | 9.0M | -- | 42.0M | 36.0M | 18.0M | 21.0M | 14.0M |
| Dividends And Interest Paid | 24.4M | 1.6M | 22.8M | 10.5M | 10.5M | 10.0M | -- | 1.5M | 2.0M | 1.1M | 2.0M | 738,500 |
| Debt Repayments | -- | 139.0M | 53.1M | 9.0M | 9.0M | 0.00 | -- | 68.5M | 29.0M | 23.0M | 14.0M | -- |
| Total Financing Cash Inflow | 69.3M | 916.0M | 109.0M | 68.2M | 42.5M | 9.0M | -- | 119.0M | 65.0M | 32.0M | 26.0M | 14.0M |
| Total Financing Cash Outflow | 24.7M | 175.0M | 80.1M | 20.1M | 19.7M | 10.0M | 2.5M | 70.4M | 39.2M | 24.1M | 16.0M | 738,500 |
| Financing Cash Flow | 44.6M | 741.0M | 28.6M | 48.1M | 22.8M | -1.0M | -2.5M | 48.6M | 25.8M | 7.9M | 10.0M | 13.3M |
| Net Change In Cash | -63.8M | 498.0M | 9.1M | 76.4M | 27.4M | -5.0M | 1.2M | 5.3M | 2.2M | -10.3M | 10.6M | -338,800 |
| Ending Cash Balance | 552.0M | 616.0M | 117.0M | 108.0M | 31.9M | 4.5M | 9.5M | 8.4M | 3.1M | 856,400 | 11.1M | 490,800 |
| Capex | 146.0M | 63.7M | 32.0M | 19.5M | 13.1M | 8.5M | 25.5M | 5.2M | 24.3M | 26.1M | 11.4M | 10.8M |