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 | 1.1B | 1.3B | 896.0M | 1.2B | 826.0M | 694.0M | 508.0M | 357.0M | 317.0M | 315.0M | 280.0M | 229.0M |
| Revenue Growth % | -14.9% | 42.3% | -24.7% | 44.1% | 19.0% | 36.6% | 42.3% | 12.6% | 0.6% | 12.5% | 22.3% | -- |
| Total Revenue | 1.1B | 1.3B | 896.0M | 1.2B | 826.0M | 694.0M | 508.0M | 357.0M | 317.0M | 315.0M | 280.0M | 229.0M |
| Cost Of Revenue | 428.0M | 526.0M | 450.0M | 515.0M | 353.0M | 271.0M | 212.0M | 160.0M | 154.0M | 159.0M | 130.0M | 101.0M |
| Gross Profit | 657.0M | 749.0M | 446.0M | 675.0M | 473.0M | 423.0M | 296.0M | 197.0M | 163.0M | 156.0M | 150.0M | 128.0M |
| Gross Margin % | 60.6% | 58.7% | 49.8% | 56.7% | 57.3% | 61.0% | 58.3% | 55.2% | 51.4% | 49.5% | 53.6% | 55.9% |
| Total Operating Cost | 1.1B | 1.3B | 1.1B | 1.1B | 759.0M | 638.0M | 460.0M | 341.0M | 317.0M | 324.0M | 273.0M | 226.0M |
| Selling Expenses | 544.0M | 680.0M | 482.0M | 485.0M | 333.0M | 287.0M | 183.0M | 129.0M | 122.0M | 119.0M | 103.0M | 90.2M |
| Admin Expenses | 64.5M | 54.2M | 44.2M | 40.8M | 28.6M | 26.9M | 25.0M | 24.0M | 35.2M | 39.6M | 33.4M | 30.3M |
| Rd Expenses | 58.3M | 58.5M | 57.3M | 47.2M | 36.9M | 40.7M | 25.6M | 18.7M | -- | -- | -- | -- |
| Finance Expenses | 3.8M | 3.7M | 64,800 | 7.0M | 1.6M | 2.0M | 1.3M | 2.6M | 1.5M | 1.7M | 2.7M | 2.1M |
| Operating Income | 11.0M | -41.6M | -147.0M | 106.0M | 83.9M | 63.2M | 56.0M | 22.6M | 482,800 | -9.1M | 7.3M | 2.8M |
| Operating Margin % | 1.0% | -3.3% | -16.4% | 8.9% | 10.2% | 9.1% | 11.0% | 6.3% | 0.2% | -2.9% | 2.6% | 1.2% |
| Non Operating Income | 1.8M | 390,000 | 1.7M | 1.1M | 611,400 | 733,600 | 528,000 | 537,000 | 12.9M | 14.2M | 4.7M | 4.4M |
| Non Operating Expenses | 1.0M | 2.3M | 1.6M | 1.1M | 1.9M | 922,100 | 1.6M | 1.2M | 546,300 | 112,000 | 286,300 | 26,700 |
| Investment Income | -1.1M | 944,200 | -2.7M | 710,200 | -352,400 | 144,900 | -- | 500,000 | -- | -- | -106,500 | -- |
| Fair Value Change Income | 9.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 310,000 | 264,300 | -480,500 | 367,100 | -- | -- | 709,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.8M | 9.3M | 10.2M | 4.0M | 1.3M | 1.8M | 8.9M | 2.8M | 995,800 | 2.8M | 774,500 | 526,100 |
| Other Income | 30.8M | 21.2M | 14.4M | 19.9M | 16.5M | 6.5M | 7.6M | 5.4M | -- | -- | -- | -- |
| Income Before Tax | 11.8M | -43.4M | -147.0M | 106.0M | 82.7M | 63.0M | 55.0M | 22.0M | 12.9M | 5.1M | 11.6M | 7.2M |
| Income Tax | 1.6M | 6.8M | -23.0M | 13.8M | 12.2M | 8.2M | 9.9M | 1.5M | 2.5M | 3.4M | 3.1M | 2.7M |
| Net Income | 10.2M | -50.2M | -124.0M | 92.1M | 70.5M | 54.8M | 45.1M | 20.5M | 10.4M | 1.7M | 8.5M | 4.5M |
| Net Margin % | 0.9% | -3.9% | -13.8% | 7.7% | 8.5% | 7.9% | 8.9% | 5.7% | 3.3% | 0.5% | 3.0% | 2.0% |
| Net Income Attributable | 10.3M | -50.9M | -124.0M | 91.9M | 70.7M | 54.6M | 45.2M | 20.9M | 10.8M | 2.3M | 8.7M | 4.5M |
| Minority Interest | -63,900 | 625,500 | -74,900 | 280,100 | -249,200 | 191,600 | -87,500 | -402,600 | -402,000 | -644,200 | -208,000 | -- |
| Eps Basic | 0.12 | -0.60 | -1.44 | 1.74 | 1.53 | 1.19 | 0.99 | 0.85 | 0.67 | 0.14 | 0.54 | 0.28 |
| Eps Diluted | 0.12 | -0.60 | -1.44 | 1.74 | 1.53 | 1.19 | 0.99 | 0.85 | 0.67 | 0.14 | 0.54 | 0.28 |
| 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 | 383.0M | 287.0M | 288.0M | 220.0M | 139.0M | 84.9M | 78.0M | 35.0M | 25.1M | 15.0M | 14.8M | 9.0M |
| Trading Financial Assets | 10.0M | 30.2M | 50.1M | 171.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 53.7M | 61.4M | 61.6M | 79.1M | 79.5M | 76.6M | 47.0M | 33.5M | 36.5M | 40.5M | 26.8M | 24.8M |
| Notes Receivable | 221,200 | 6.8M | 519,600 | 1.9M | 2.6M | 1.5M | 377,200 | -- | -- | 58,500 | 18,600 | -- |
| Notes And Accounts Receivable | 53.9M | 68.2M | 62.1M | 81.0M | 82.1M | 78.1M | 47.4M | 33.5M | 36.5M | 40.5M | 26.8M | 24.8M |
| Prepayments | 29.0M | 37.0M | 38.4M | 47.1M | 24.2M | 16.7M | 11.8M | 6.2M | 5.0M | 7.2M | 8.9M | 5.0M |
| Inventory | 104.0M | 127.0M | 140.0M | 206.0M | 141.0M | 103.0M | 73.8M | 47.0M | 51.8M | 60.1M | 45.4M | 40.7M |
| Total Current Assets | 660.0M | 590.0M | 625.0M | 782.0M | 435.0M | 330.0M | 238.0M | 141.0M | 135.0M | 139.0M | 122.0M | 97.9M |
| Long Term Equity Investment | 7.8M | -- | 2,500 | 3.9M | 4.0M | 4.6M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 24.0M | 17.8M | 17.4M | 15.0M | 17.3M | 12.9M | 11.6M | 18.0M | 17.5M | 16.6M | 17.3M |
| Fixed Assets Total | 23.0M | 24.0M | 17.8M | 17.4M | 15.0M | 17.3M | 12.9M | 11.6M | 18.0M | 17.5M | 16.6M | 17.3M |
| Intangible Assets | 3.9M | 2.8M | 3.3M | 4.4M | 5.0M | 5.6M | 5.5M | 5.6M | 7.5M | 7.3M | 5.9M | 2.4M |
| Long Term Deferred Expenses | 9.7M | 11.4M | 12.4M | 13.8M | 11.8M | 12.3M | 7.3M | 3.9M | 674,700 | 1.1M | 402,700 | -- |
| Total Non Current Assets | 152.0M | 158.0M | 174.0M | 178.0M | 40.8M | 43.8M | 28.1M | 22.9M | 27.0M | 27.0M | 24.0M | 20.2M |
| Total Assets | 811.0M | 749.0M | 799.0M | 961.0M | 476.0M | 373.0M | 266.0M | 164.0M | 163.0M | 166.0M | 146.0M | 118.0M |
| Short Term Borrowings | 165.0M | 84.8M | 90.8M | 10.0M | 45.0M | 26.5M | 18.6M | 20.0M | 24.2M | 33.8M | 26.9M | 18.4M |
| Accounts Payable | 115.0M | 122.0M | 90.9M | 143.0M | 153.0M | 136.0M | 84.5M | 61.2M | 72.1M | 71.9M | 63.6M | 60.7M |
| Advance Receipts | -- | -- | -- | -- | 2.3M | 2.9M | 5.7M | 4.1M | 2.7M | 2.1M | 2.6M | 5.2M |
| Contract Liabilities | 10.1M | 12.9M | 7.9M | 5.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 425.0M | 313.0M | 277.0M | 260.0M | 241.0M | 208.0M | 146.0M | 109.0M | 116.0M | 127.0M | 107.0M | 95.3M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.0M | -- |
| Total Non Current Liabilities | 16.2M | 30.9M | 49.8M | 46.2M | 1.6M | 2.4M | 3.4M | 7.2M | 9.1M | 6.9M | 8.2M | 2.0M |
| Total Liabilities | 441.0M | 344.0M | 327.0M | 306.0M | 242.0M | 211.0M | 150.0M | 116.0M | 125.0M | 134.0M | 115.0M | 97.3M |
| Paid In Capital | 85.9M | 85.9M | 61.6M | 61.6M | 46.2M | 46.2M | 16.7M | 16.5M | 16.1M | 16.1M | 16.1M | 16.1M |
| Capital Reserve | 341.0M | 344.0M | 365.0M | 365.0M | 21.5M | 21.5M | 37.4M | 8.7M | 2.7M | 2.7M | 2.7M | 2.7M |
| Surplus Reserve | 33.0M | 30.8M | 30.2M | 30.2M | 23.1M | 14.8M | 8.0M | 4.9M | 4.9M | 4.9M | 4.9M | 3.4M |
| Retained Earnings | -5.1M | -13.1M | 38.3M | 200.0M | 145.0M | 82.3M | 55.5M | 18.1M | 14.5M | 8.3M | 6.0M | -1.3M |
| Minority Equity | 1,800 | 221,600 | -404,000 | -329,100 | -609,300 | -360,000 | 37,300 | 50,500 | -596,800 | -178,000 | 478,800 | -- |
| Equity Attributable | 370.0M | 405.0M | 473.0M | 655.0M | 234.0M | 163.0M | 116.0M | 47.3M | 38.2M | 32.3M | 29.7M | 20.9M |
| Total Equity | 370.0M | 405.0M | 472.0M | 655.0M | 234.0M | 163.0M | 117.0M | 47.3M | 37.6M | 32.1M | 30.2M | 20.9M |
| 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 | 1.2B | 1.5B | 978.0M | 1.3B | 861.0M | 689.0M | 523.0M | 396.0M | 386.0M | 354.0M | 323.0M | 265.0M |
| Tax Refunds Received | 26.6M | 16.3M | 14.3M | 16.3M | 8.3M | -- | 31,700 | 821,000 | 2.4M | 3.0M | 751,000 | 305,600 |
| Total Operating Cash Inflow | 1.3B | 1.5B | 1.0B | 1.4B | 882.0M | 696.0M | 532.0M | 402.0M | 395.0M | 375.0M | 330.0M | 270.0M |
| Cash Paid For Goods | 491.0M | 584.0M | 467.0M | 698.0M | 419.0M | 267.0M | 245.0M | 198.0M | 177.0M | 193.0M | 157.0M | 109.0M |
| Cash Paid To Employees | 204.0M | 189.0M | 175.0M | 154.0M | 117.0M | 115.0M | 92.5M | 64.2M | 62.3M | 58.2M | 46.9M | 45.1M |
| Taxes Paid | 54.9M | 59.5M | 45.8M | 60.2M | 49.4M | 60.0M | 36.0M | 21.8M | 21.7M | 21.4M | 25.3M | 22.9M |
| Total Operating Cash Outflow | 1.2B | 1.4B | 1.0B | 1.3B | 813.0M | 657.0M | 494.0M | 382.0M | 361.0M | 375.0M | 330.0M | 263.0M |
| Operating Cash Flow | 83.5M | 81.7M | -2.2M | 86.9M | 68.2M | 39.0M | 38.1M | 19.7M | 33.6M | 428,900 | 176,000 | 7.1M |
| Total Investing Cash Inflow | 352.0M | 118.0M | 322.0M | 26.4M | 16.3M | 2,565 | 2.9M | 900.00 | 9.6M | 8.4M | 2.3M | 1.0M |
| Total Investing Cash Outflow | 360.0M | 121.0M | 254.0M | 248.0M | 41.6M | 27.2M | 15.4M | 7.7M | 12.8M | 13.7M | 8.7M | 9.9M |
| Investing Cash Flow | -7.7M | -2.5M | 67.9M | -221.0M | -25.3M | -27.2M | -12.6M | -7.7M | -3.2M | -5.3M | -6.4M | -8.9M |
| Cash From Borrowings | 176.0M | 135.0M | 130.0M | 10.0M | 65.0M | 35.0M | 23.0M | 25.0M | 49.2M | 46.5M | 127.0M | 35.5M |
| Dividends And Interest Paid | 5.4M | 2.9M | 39.2M | 31.7M | 1.5M | 22.1M | 5.7M | 1.3M | 6.2M | 2.3M | 2.2M | 1.2M |
| Debt Repayments | 91.0M | 140.0M | 50.0M | 45.0M | 46.5M | 27.2M | 24.4M | 29.2M | 63.9M | 39.6M | 114.0M | 28.5M |
| Total Financing Cash Inflow | 293.0M | 135.0M | 130.0M | 401.0M | 68.5M | 45.9M | 47.1M | 30.0M | 50.5M | 48.2M | 128.0M | 35.5M |
| Total Financing Cash Outflow | 308.0M | 216.0M | 175.0M | 184.0M | 53.1M | 53.8M | 30.1M | 30.5M | 70.0M | 42.0M | 119.0M | 29.7M |
| Financing Cash Flow | -14.8M | -81.3M | -45.2M | 217.0M | 15.4M | -7.9M | 17.1M | -403,500 | -19.5M | 6.3M | 9.2M | 5.8M |
| Net Change In Cash | 61.5M | -2.8M | 22.0M | 81.5M | 57.9M | 3.0M | 43.0M | 9.9M | 11.3M | 2.0M | 2.9M | 3.5M |
| Ending Cash Balance | 301.0M | 240.0M | 242.0M | 220.0M | 139.0M | 81.0M | 78.0M | 35.0M | 25.1M | 13.8M | 51.8M | 9.0M |
| Capex | 18.5M | 23.3M | 19.3M | 27.4M | 19.2M | 22.6M | 15.4M | 7.7M | 12.8M | 13.7M | 8.6M | 9.9M |