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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 235.0M | 236.0M | 233.0M | 617.0M | 655.0M | 674.0M | 551.0M | 33.7M |
| Revenue Growth % | -0.4% | 1.3% | -62.2% | -5.8% | -2.8% | 22.3% | 1536.9% | -- |
| Total Revenue | 235.0M | 236.0M | 233.0M | 617.0M | 655.0M | 674.0M | 551.0M | 33.7M |
| Cost Of Revenue | 128.0M | 128.0M | 101.0M | 187.0M | 203.0M | 203.0M | 186.0M | 15.1M |
| Gross Profit | 107.0M | 108.0M | 132.0M | 430.0M | 452.0M | 471.0M | 365.0M | 18.5M |
| Gross Margin % | 45.5% | 45.8% | 56.7% | 69.7% | 69.0% | 69.9% | 66.2% | 55.0% |
| Total Operating Cost | 523.0M | 467.0M | 454.0M | 442.0M | 475.0M | 433.0M | 316.0M | 79.8M |
| Selling Expenses | 22.7M | 17.6M | 21.4M | 21.8M | 21.6M | 15.9M | 8.9M | 4.2M |
| Admin Expenses | 64.2M | 60.7M | 51.8M | 48.1M | 57.2M | 41.6M | 28.7M | 12.4M |
| Rd Expenses | 266.0M | 246.0M | 203.0M | 200.0M | 182.0M | 118.0M | 56.7M | 43.6M |
| Finance Expenses | -11.1M | -29.4M | -37.2M | -38.2M | 667,200 | 7.9M | 2.3M | -894,100 |
| Operating Income | -286.0M | -227.0M | -212.0M | 188.0M | 187.0M | 245.0M | 238.0M | -43.2M |
| Operating Margin % | -121.7% | -96.2% | -91.0% | 30.5% | 28.5% | 36.4% | 43.2% | -128.3% |
| Non Operating Income | 36,400 | 27,200 | 1,600 | 8,400 | 5.5M | 9,300 | -- | 330,900 |
| Non Operating Expenses | 56,900 | 115,100 | 9,700 | 312,600 | 451,300 | 92,100 | 47,200 | 86,100 |
| Asset Disposal Income | -242,700 | -58,500 | -360,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 39.4M | 34.9M | 14.8M | -1.2M | 3.5M | 8.7M | 33.1M | 5.3M |
| Other Income | 2.4M | 4.3M | 8.9M | 13.4M | 7.3M | 2.8M | 2.5M | 3.0M |
| Income Before Tax | -286.0M | -227.0M | -212.0M | 188.0M | 192.0M | 244.0M | 238.0M | -43.0M |
| Income Tax | -6.9M | -5.1M | -16.0M | 9.1M | 16.8M | 28.0M | 33.1M | -6.2M |
| Net Income | -279.0M | -222.0M | -196.0M | 179.0M | 176.0M | 216.0M | 205.0M | -36.8M |
| Net Margin % | -118.7% | -94.1% | -84.1% | 29.0% | 26.9% | 32.0% | 37.2% | -109.3% |
| Net Income Attributable | -268.0M | -203.0M | -197.0M | 178.0M | 177.0M | 218.0M | 207.0M | -36.4M |
| Minority Interest | -10.5M | -18.3M | 742,400 | 544,300 | -1.4M | -1.5M | -2.2M | -434,100 |
| Eps Basic | -2.56 | -1.93 | -1.86 | 1.69 | 2.96 | 3.91 | 3.79 | -0.66 |
| Eps Diluted | -2.56 | -1.93 | -1.86 | 1.69 | 2.96 | 3.91 | 3.79 | -0.66 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 735.0M | 1.3B | 1.5B | 1.7B | 1.9B | 24.5M | 66.9M | 45.9M |
| Accounts Receivable | 551.0M | 679.0M | 727.0M | 898.0M | 778.0M | 839.0M | 416.0M | 48.2M |
| Notes Receivable | 39.5M | 62.0M | 56.1M | 57.8M | 82.7M | 35.7M | 26.4M | 12.4M |
| Notes And Accounts Receivable | 590.0M | 741.0M | 783.0M | 956.0M | 860.0M | 875.0M | 442.0M | 60.7M |
| Prepayments | 18.9M | 38.9M | 6.7M | 22.8M | 1.9M | 9.0M | 845,100 | 1.8M |
| Inventory | 279.0M | 298.0M | 323.0M | 295.0M | 316.0M | 209.0M | 103.0M | 64.8M |
| Total Current Assets | 2.2B | 2.4B | 2.7B | 3.0B | 3.1B | 1.1B | 616.0M | 178.0M |
| Fixed Assets | -- | 29.5M | 24.0M | 25.0M | 20.4M | 12.3M | 7.4M | 5.5M |
| Fixed Assets Total | 28.5M | 29.5M | 24.0M | 25.0M | 20.4M | 12.3M | 7.4M | 5.5M |
| Intangible Assets | 7.6M | 17.2M | 50.3M | 11.5M | 15.9M | 17.7M | 4.4M | 4.4M |
| Long Term Deferred Expenses | 27.0M | 92,900 | -- | -- | -- | -- | 2.6M | 5.7M |
| Total Non Current Assets | 139.0M | 128.0M | 165.0M | 77.6M | 54.3M | 45.7M | 21.7M | 22.8M |
| Total Assets | 2.3B | 2.6B | 2.8B | 3.1B | 3.1B | 1.2B | 638.0M | 201.0M |
| Short Term Borrowings | 3.2M | 5.8M | 3.6M | -- | 47.1M | 139.0M | 62.8M | -- |
| Accounts Payable | 69.0M | 56.5M | 53.9M | 35.3M | 117.0M | 215.0M | 132.0M | 32.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 82,100 | 10,000 | -- |
| Contract Liabilities | 7.3M | 7.8M | 1.8M | 6.5M | 3.9M | -- | -- | -- |
| Total Current Liabilities | 139.0M | 122.0M | 135.0M | 120.0M | 263.0M | 404.0M | 268.0M | 40.5M |
| Total Non Current Liabilities | 9.5M | 14.7M | 20.7M | 19.3M | 9.6M | 7.0M | 3.7M | -- |
| Total Liabilities | 149.0M | 136.0M | 155.0M | 139.0M | 272.0M | 411.0M | 272.0M | 40.5M |
| Paid In Capital | 106.0M | 106.0M | 106.0M | 75.5M | 75.5M | 56.7M | 54.7M | 54.7M |
| Capital Reserve | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 304.0M | 129.0M | 129.0M |
| Surplus Reserve | 37.8M | 37.8M | 37.8M | 37.8M | 37.8M | 28.3M | 18.4M | 327,500 |
| Retained Earnings | -85.2M | 183.0M | 386.0M | 658.0M | 535.0M | 367.0M | 159.0M | -29.8M |
| Minority Equity | -20.1M | -19.2M | -1.3M | -2.3M | -779,300 | 574,100 | 3.7M | 5.9M |
| Equity Attributable | 2.2B | 2.5B | 2.7B | 3.0B | 2.8B | 757.0M | 362.0M | 155.0M |
| Total Equity | 2.2B | 2.4B | 2.7B | 3.0B | 2.8B | 758.0M | 366.0M | 161.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 396.0M | 305.0M | 330.0M | 379.0M | 570.0M | 154.0M | 158.0M | 50.7M |
| Tax Refunds Received | -- | -- | 255,500 | 75,200 | 13,600 | 375,500 | 158,500 | 300,900 |
| Total Operating Cash Inflow | 423.0M | 383.0M | 416.0M | 435.0M | 585.0M | 160.0M | 162.0M | 56.0M |
| Cash Paid For Goods | 138.0M | 176.0M | 163.0M | 205.0M | 255.0M | 227.0M | 142.0M | 42.9M |
| Cash Paid To Employees | 252.0M | 231.0M | 194.0M | 210.0M | 155.0M | 93.5M | 55.6M | 33.5M |
| Taxes Paid | 17.4M | 7.3M | 2.6M | 32.5M | 45.7M | 47.8M | 195,000 | 1.7M |
| Total Operating Cash Outflow | 494.0M | 513.0M | 429.0M | 525.0M | 530.0M | 405.0M | 221.0M | 90.7M |
| Operating Cash Flow | -70.5M | -129.0M | -12.8M | -90.5M | 55.3M | -246.0M | -59.6M | -34.7M |
| Total Investing Cash Inflow | 794.68 | 10.0M | 3,100 | -- | 1,000 | 1,950 | -- | -- |
| Total Investing Cash Outflow | 526.0M | 28.3M | 72.6M | 19.6M | 22.4M | 16.5M | 5.4M | 3.2M |
| Investing Cash Flow | -526.0M | -18.3M | -72.6M | -19.6M | -22.4M | -16.5M | -5.4M | -3.2M |
| Cash From Borrowings | 3.2M | 7.5M | 1.7M | -- | 146.0M | 160.0M | 70.0M | -- |
| Dividends And Interest Paid | -- | -- | 75.5M | 60.4M | 7.4M | 7.9M | 1.4M | 101,200 |
| Debt Repayments | -- | -- | -- | -- | 236.0M | 84.1M | 7.2M | 5.5M |
| Total Financing Cash Inflow | 3.9M | 12.2M | 2.0M | -- | 2.1B | 337.0M | 95.0M | 1.5M |
| Total Financing Cash Outflow | 18.2M | 50.8M | 81.5M | 70.6M | 257.0M | 117.0M | 9.0M | 5.6M |
| Financing Cash Flow | -14.3M | -38.6M | -79.5M | -70.6M | 1.8B | 220.0M | 86.0M | -4.1M |
| Net Change In Cash | -611.0M | -186.0M | -165.0M | -181.0M | 1.8B | -42.4M | 21.0M | -41.9M |
| Ending Cash Balance | 728.0M | 1.3B | 1.5B | 1.7B | 1.9B | 24.5M | 66.9M | 45.9M |
| Capex | 9.4M | 23.3M | 52.8M | 11.4M | 22.4M | 14.8M | 5.4M | 3.2M |