Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Revenue | 2.1B | 1.5B | 1.1B | 208.0M |
| Revenue Growth % | 43.9% | 39.7% | 407.2% | -- |
| Total Revenue | 2.1B | 1.5B | 1.1B | 208.0M |
| Cost Of Revenue | 2.0B | 1.5B | 928.0M | 413.0M |
| Gross Profit | 126.0M | 23.0M | 127.0M | -205.0M |
| Gross Margin % | 5.9% | 1.6% | 12.0% | -98.6% |
| Total Operating Cost | 2.9B | 2.3B | 1.6B | 734.0M |
| Selling Expenses | 66.2M | 52.8M | 33.3M | 35.6M |
| Admin Expenses | 208.0M | 224.0M | 179.0M | 93.3M |
| Rd Expenses | 259.0M | 171.0M | 146.0M | 103.0M |
| Finance Expenses | 139.0M | 57.1M | 28.9M | -23.7M |
| Operating Income | -739.0M | -684.0M | -533.0M | -521.0M |
| Operating Margin % | -34.8% | -46.4% | -50.5% | -250.5% |
| Non Operating Income | 1.5M | 2.4M | 586,300 | 55,100 |
| Non Operating Expenses | -- | 193,500 | 900.00 | 16,100 |
| Investment Income | 13.5M | 113.0M | -- | -- |
| Asset Disposal Income | 30,400 | -- | -- | -- |
| Asset Impairment Loss | 256.0M | 332.0M | 267.0M | 98.1M |
| Other Income | 71.9M | 38.0M | 11.6M | 6.0M |
| Income Before Tax | -738.0M | -682.0M | -532.0M | -521.0M |
| Income Tax | -- | 1.5M | 558,400 | -- |
| Net Income | -738.0M | -683.0M | -533.0M | -521.0M |
| Net Margin % | -34.8% | -46.3% | -50.5% | -250.5% |
| Net Income Attributable | -738.0M | -578.0M | -412.0M | -347.0M |
| Minority Interest | -- | -105.0M | -121.0M | -173.0M |
| Eps Basic | -0.21 | -0.17 | -- | -- |
| Eps Diluted | -0.21 | -0.17 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Equivalents | 3.4B | 2.2B | 5.7B | 1.7B |
| Accounts Receivable | 632.0M | 352.0M | 392.0M | 94.5M |
| Notes And Accounts Receivable | 632.0M | 352.0M | 392.0M | 94.5M |
| Prepayments | 36.9M | 36.8M | 92.3M | 46.5M |
| Inventory | 1.1B | 889.0M | 566.0M | 144.0M |
| Total Current Assets | 5.2B | 3.7B | 6.9B | 2.0B |
| Fixed Assets | -- | 7.6B | 6.8B | 3.5B |
| Fixed Assets Total | 10.4B | 7.6B | 6.8B | 3.5B |
| Construction In Progress | -- | 3.1B | 889.0M | 564.0M |
| Construction In Progress Total | 887.0M | 3.1B | 889.0M | 564.0M |
| Intangible Assets | 229.0M | 198.0M | 164.0M | 165.0M |
| Long Term Deferred Expenses | 63.8M | 42.3M | -- | -- |
| Total Non Current Assets | 12.2B | 11.8B | 8.4B | 5.2B |
| Total Assets | 17.4B | 15.5B | 15.3B | 7.2B |
| Short Term Borrowings | -- | 76.2M | 118.0M | -- |
| Accounts Payable | 561.0M | 163.0M | 246.0M | 59.8M |
| Contract Liabilities | 1.4M | 417,300 | 784,500 | 164,300 |
| Total Current Liabilities | 2.7B | 2.3B | 1.9B | 766.0M |
| Long Term Borrowings | 5.9B | 3.7B | 1.7B | -- |
| Total Non Current Liabilities | 6.2B | 4.0B | 1.8B | 40.6M |
| Total Liabilities | 8.9B | 6.3B | 3.6B | 806.0M |
| Paid In Capital | 3.5B | 3.5B | 2.2M | 1.1M |
| Capital Reserve | 7.0B | 6.9B | 10.4B | 4.2B |
| Surplus Reserve | -- | -- | 32,000 | 32,000 |
| Retained Earnings | -1.9B | -1.2B | -972.0M | -560.0M |
| Minority Equity | -- | -- | 2.3B | 2.8B |
| Equity Attributable | 8.5B | 9.2B | 9.4B | 3.6B |
| Total Equity | 8.5B | 9.2B | 11.7B | 6.4B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash From Sales | 2.0B | 1.6B | 861.0M | 138.0M |
| Tax Refunds Received | 404.0M | 367.0M | 495.0M | 198.0M |
| Total Operating Cash Inflow | 2.5B | 2.1B | 1.4B | 392.0M |
| Cash Paid For Goods | 1.3B | 1.4B | 1.0B | 425.0M |
| Cash Paid To Employees | 367.0M | 357.0M | 289.0M | 144.0M |
| Taxes Paid | 19.1M | 39.7M | 23.1M | 13.9M |
| Total Operating Cash Outflow | 1.7B | 1.8B | 1.4B | 616.0M |
| Operating Cash Flow | 815.0M | 320.0M | 46.7M | -225.0M |
| Total Investing Cash Inflow | 8.7B | 19.3M | 12.1M | -- |
| Total Investing Cash Outflow | 10.8B | 3.8B | 3.5B | 2.4B |
| Investing Cash Flow | -2.1B | -3.8B | -3.5B | -2.4B |
| Cash From Borrowings | 3.2B | 2.7B | 2.0B | -- |
| Dividends And Interest Paid | 188.0M | 110.0M | 33.0M | -- |
| Debt Repayments | 607.0M | 750.0M | 22.9M | -- |
| Total Financing Cash Inflow | 3.2B | 5.0B | 7.7B | 4.0B |
| Total Financing Cash Outflow | 809.0M | 5.1B | 57.0M | 11.4M |
| Financing Cash Flow | 2.4B | -149.0M | 7.7B | 4.0B |
| Net Change In Cash | 1.2B | -3.6B | 4.2B | 1.3B |
| Ending Cash Balance | 3.3B | 2.1B | 5.7B | 1.5B |
| Capex | 2.1B | 3.7B | 3.5B | 2.4B |