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 | 584.0M | 498.0M | 547.0M | 397.0M | 264.0M |
| Revenue Growth % | 17.3% | -9.0% | 37.8% | 50.4% | -- |
| Total Revenue | 584.0M | 498.0M | 547.0M | 397.0M | 264.0M |
| Cost Of Revenue | 212.0M | 195.0M | 196.0M | 154.0M | 82.1M |
| Gross Profit | 372.0M | 303.0M | 351.0M | 243.0M | 181.9M |
| Gross Margin % | 63.7% | 60.8% | 64.2% | 61.2% | 68.9% |
| Total Operating Cost | 510.0M | 479.0M | 462.0M | 338.0M | 222.0M |
| Selling Expenses | 122.0M | 113.0M | 119.0M | 83.9M | 58.2M |
| Admin Expenses | 44.7M | 43.7M | 40.2M | 33.6M | 30.8M |
| Rd Expenses | 107.0M | 109.0M | 92.0M | 58.7M | 40.1M |
| Finance Expenses | -1.9M | -2.9M | -5.6M | -3.6M | 40,800 |
| Operating Income | 107.0M | 49.0M | 115.0M | 83.7M | 59.8M |
| Operating Margin % | 18.3% | 9.8% | 21.0% | 21.1% | 22.6% |
| Non Operating Income | 2.4M | 3.0M | 9.1M | 4.7M | 25.4M |
| Non Operating Expenses | 203,500 | 18,600 | 26,100 | 7,700 | 172,600 |
| Investment Income | -858,500 | -3.6M | 863,700 | -- | 334,700 |
| Fair Value Change Income | -- | -- | -- | -- | 93,000 |
| Asset Disposal Income | -- | -- | -- | -- | 100,700 |
| Asset Impairment Loss | 1.4M | 2.2M | 1.8M | 2.0M | 1.9M |
| Other Income | 34.2M | 33.1M | 29.1M | 24.8M | 17.3M |
| Income Before Tax | 109.0M | 51.9M | 124.0M | 88.4M | 85.0M |
| Income Tax | 1.9M | -10.8M | 7.9M | 7.1M | 10.6M |
| Net Income | 108.0M | 62.7M | 116.0M | 81.2M | 74.4M |
| Net Margin % | 18.5% | 12.6% | 21.2% | 20.5% | 28.2% |
| Net Income Attributable | 108.0M | 62.7M | 116.0M | 81.2M | 74.4M |
| Eps Basic | 1.31 | 0.77 | 1.43 | 1.73 | 1.81 |
| Eps Diluted | 1.30 | 0.76 | 1.42 | 1.73 | 1.81 |
| 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 | 279.0M | 206.0M | 273.0M | 320.0M | 103.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 452.0M | 412.0M | 401.0M | 220.0M | 148.0M |
| Notes Receivable | 53.1M | 20.6M | 31.3M | 49.6M | 40.3M |
| Notes And Accounts Receivable | 505.0M | 432.0M | 433.0M | 270.0M | 189.0M |
| Prepayments | 3.8M | 5.0M | 4.1M | 2.2M | 1.1M |
| Inventory | 104.0M | 114.0M | 76.2M | 53.7M | 65.7M |
| Total Current Assets | 986.0M | 834.0M | 836.0M | 680.0M | 403.0M |
| Fixed Assets | -- | 41.8M | 45.1M | 48.0M | 50.2M |
| Fixed Assets Total | 192.0M | 41.8M | 45.1M | 48.0M | 50.2M |
| Construction In Progress | -- | 109.0M | 57.6M | 2.1M | -- |
| Construction In Progress Total | -- | 109.0M | 57.6M | 2.1M | -- |
| Intangible Assets | 9.2M | 9.0M | 9.2M | 9.5M | 7.8M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 270.0M | 231.0M | 163.0M | 93.3M | 74.0M |
| Total Assets | 1.3B | 1.1B | 1.0B | 773.0M | 477.0M |
| Short Term Borrowings | 19.0M | 77.1M | 20.0M | -- | -- |
| Accounts Payable | 102.0M | 77.4M | 110.0M | 59.6M | 56.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.5M | 6.8M | 5.6M | 8.7M | 3.1M |
| Total Current Liabilities | 206.0M | 262.0M | 237.0M | 136.0M | 118.0M |
| Total Non Current Liabilities | 885,300 | 1.4M | 1.6M | 2.5M | 1.3M |
| Total Liabilities | 206.0M | 264.0M | 239.0M | 138.0M | 120.0M |
| Paid In Capital | 87.4M | 81.6M | 54.9M | 54.9M | 41.1M |
| Capital Reserve | 464.0M | 320.0M | 339.0M | 318.0M | 135.0M |
| Surplus Reserve | 43.7M | 36.6M | 27.4M | 20.7M | 9.0M |
| Retained Earnings | 455.0M | 364.0M | 340.0M | 242.0M | 172.0M |
| Equity Attributable | 1.1B | 802.0M | 761.0M | 635.0M | 357.0M |
| Total Equity | 1.1B | 802.0M | 761.0M | 635.0M | 357.0M |
| 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 | 508.0M | 474.0M | 365.0M | 325.0M | 205.0M |
| Tax Refunds Received | 35.9M | 29.2M | 27.6M | 24.3M | 16.0M |
| Total Operating Cash Inflow | 551.0M | 515.0M | 412.0M | 361.0M | 245.0M |
| Cash Paid For Goods | 143.0M | 212.0M | 169.0M | 114.0M | 76.8M |
| Cash Paid To Employees | 209.0M | 234.0M | 158.0M | 110.0M | 70.2M |
| Taxes Paid | 55.3M | 50.2M | 47.9M | 48.6M | 28.2M |
| Total Operating Cash Outflow | 479.0M | 589.0M | 442.0M | 330.0M | 226.0M |
| Operating Cash Flow | 71.6M | -74.0M | -30.1M | 31.7M | 19.0M |
| Total Investing Cash Inflow | 766.0M | 103.0M | 128.0M | 20.5M | 146.0M |
| Total Investing Cash Outflow | 805.0M | 49.1M | 213.0M | 65.4M | 111.0M |
| Investing Cash Flow | -38.6M | 53.8M | -85.2M | -44.9M | 34.7M |
| Cash From Borrowings | 69.5M | 107.0M | 20.0M | -- | 2.3M |
| Dividends And Interest Paid | 9.6M | 30.3M | 11.8M | 702,500 | 4.4M |
| Debt Repayments | 150.0M | 50.0M | -- | -- | 5.0M |
| Total Financing Cash Inflow | 227.0M | 113.0M | 20.0M | 213.0M | 8.6M |
| Total Financing Cash Outflow | 162.0M | 81.5M | 12.7M | 17.5M | 9.4M |
| Financing Cash Flow | 64.8M | 31.3M | 7.3M | 196.0M | -763,900 |
| Net Change In Cash | 97.7M | 11.1M | -108.0M | 182.0M | 52.8M |
| Ending Cash Balance | 269.0M | 171.0M | 160.0M | 268.0M | 85.9M |
| Capex | 39.1M | 49.1M | 33.0M | 10.4M | 8.3M |