Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Revenue | 541.0M | 325.0M | 158.0M |
| Revenue Growth % | 66.5% | 105.7% | -- |
| Total Revenue | 541.0M | 325.0M | 158.0M |
| Cost Of Revenue | 278.0M | 176.0M | 92.5M |
| Gross Profit | 263.0M | 149.0M | 65.5M |
| Gross Margin % | 48.6% | 45.8% | 41.4% |
| Total Operating Cost | 405.0M | 253.0M | 139.0M |
| Selling Expenses | 8.0M | 6.5M | 3.1M |
| Admin Expenses | 45.3M | 27.3M | 18.6M |
| Rd Expenses | 55.3M | 37.0M | 21.5M |
| Finance Expenses | -737,600 | -86,900 | 887,400 |
| Operating Income | 159.0M | 87.5M | 27.2M |
| Operating Margin % | 29.4% | 26.9% | 17.2% |
| Non Operating Income | 112,200 | 140,900 | 55,000 |
| Non Operating Expenses | 279,200 | 400.00 | 71,500 |
| Investment Income | 2.6M | 1.2M | 1.1M |
| Fair Value Change Income | -- | 618,100 | 2,800 |
| Asset Impairment Loss | 15.4M | 1.4M | 975,000 |
| Other Income | 20.8M | 13.4M | 6.7M |
| Income Before Tax | 159.0M | 87.6M | 27.2M |
| Income Tax | 17.6M | 7.8M | 1.0M |
| Net Income | 142.0M | 79.8M | 26.2M |
| Net Margin % | 26.2% | 24.6% | 16.6% |
| Net Income Attributable | 142.0M | 79.8M | 26.2M |
| Eps Basic | 2.79 | 1.62 | -- |
| Eps Diluted | 2.79 | 1.62 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash And Equivalents | 427.0M | 77.1M | 51.0M |
| Trading Financial Assets | -- | 341.0M | 40.0M |
| Accounts Receivable | 77.9M | 68.4M | 18.9M |
| Notes Receivable | 189,900 | -- | 1.2M |
| Notes And Accounts Receivable | 78.0M | 68.4M | 20.1M |
| Prepayments | 16.2M | 20.5M | 25.8M |
| Inventory | 159.0M | 80.8M | 52.7M |
| Total Current Assets | 701.0M | 602.0M | 194.0M |
| Fixed Assets | 69.3M | 16.2M | 11.0M |
| Fixed Assets Total | 69.3M | 16.2M | 11.0M |
| Construction In Progress | 22.2M | 13,000 | 2.2M |
| Construction In Progress Total | 22.2M | 13,000 | 2.2M |
| Intangible Assets | 872,700 | 227,900 | 311,800 |
| Long Term Deferred Expenses | 2.7M | 3.4M | 2.4M |
| Total Non Current Assets | 117.0M | 25.9M | 22.8M |
| Total Assets | 818.0M | 628.0M | 217.0M |
| Short Term Borrowings | -- | -- | 7.9M |
| Accounts Payable | 40.7M | 30.0M | 6.4M |
| Contract Liabilities | 33.9M | 5.5M | 9.0M |
| Total Current Liabilities | 113.0M | 74.2M | 41.1M |
| Total Non Current Liabilities | 24.9M | 17.2M | 21.5M |
| Total Liabilities | 138.0M | 91.3M | 62.5M |
| Paid In Capital | 50.8M | 50.8M | 6.7M |
| Capital Reserve | 468.0M | 466.0M | 204.0M |
| Surplus Reserve | 16.7M | 2.3M | 1.0M |
| Retained Earnings | 145.0M | 17.6M | -57.6M |
| Equity Attributable | 680.0M | 537.0M | 154.0M |
| Total Equity | 680.0M | 537.0M | 154.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash From Sales | 568.0M | 281.0M | 159.0M |
| Tax Refunds Received | 1.3M | 5,100 | 52,300 |
| Total Operating Cash Inflow | 596.0M | 288.0M | 184.0M |
| Cash Paid For Goods | 327.0M | 178.0M | 129.0M |
| Cash Paid To Employees | 72.6M | 38.5M | 25.1M |
| Taxes Paid | 49.8M | 9.6M | 7.4M |
| Total Operating Cash Outflow | 497.0M | 243.0M | 173.0M |
| Operating Cash Flow | 99.5M | 45.4M | 11.2M |
| Total Investing Cash Inflow | 563.0M | 274.0M | 189.0M |
| Total Investing Cash Outflow | 306.0M | 583.0M | 233.0M |
| Investing Cash Flow | 258.0M | -309.0M | -43.5M |
| Cash From Borrowings | -- | -- | 10.0M |
| Dividends And Interest Paid | -- | 113,900 | 1.1M |
| Debt Repayments | 0.00 | 7.9M | 27.1M |
| Total Financing Cash Inflow | -- | 302.0M | 31.2M |
| Total Financing Cash Outflow | 6.1M | 12.1M | 30.3M |
| Financing Cash Flow | -6.1M | 289.0M | 899,600 |
| Net Change In Cash | 350.0M | 26.1M | -31.1M |
| Ending Cash Balance | 427.0M | 77.1M | 51.0M |
| Capex | 85.9M | 10.2M | 11.1M |