Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Revenue | 392.0M | 355.0M | 223.0M |
| Revenue Growth % | 10.4% | 59.2% | -- |
| Total Revenue | 392.0M | 355.0M | 223.0M |
| Cost Of Revenue | 135.0M | 125.0M | 83.6M |
| Gross Profit | 257.0M | 230.0M | 139.4M |
| Gross Margin % | 65.6% | 64.8% | 62.5% |
| Total Operating Cost | 349.0M | 332.0M | 240.0M |
| Selling Expenses | 35.2M | 32.3M | 26.2M |
| Admin Expenses | 44.5M | 44.9M | 31.2M |
| Rd Expenses | 118.0M | 114.0M | 86.7M |
| Finance Expenses | -2.0M | -3.0M | -2.2M |
| Operating Income | 84.6M | 58.1M | 5.9M |
| Operating Margin % | 21.6% | 16.4% | 2.6% |
| Non Operating Income | 116,900 | 636,900 | 148,700 |
| Non Operating Expenses | 394,600 | 967,100 | 943,300 |
| Investment Income | 1.1M | -1.3M | 1.5M |
| Fair Value Change Income | 1.1M | -17,500 | 39,800 |
| Asset Disposal Income | 3,400 | 307,200 | -- |
| Asset Impairment Loss | 10.3M | 9.9M | 4.9M |
| Other Income | 39.3M | 36.4M | 20.6M |
| Income Before Tax | 84.3M | 57.7M | 5.1M |
| Income Tax | -213,100 | -43,200 | -6,908 |
| Net Income | 84.5M | 57.8M | 5.1M |
| Net Margin % | 21.6% | 16.3% | 2.3% |
| Net Income Attributable | 85.6M | 61.1M | 6.1M |
| Minority Interest | -1.1M | -3.3M | -1.0M |
| Eps Basic | 1.14 | 0.81 | -- |
| Eps Diluted | 1.14 | 0.81 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash And Equivalents | 81.7M | 213.0M | 181.0M |
| Trading Financial Assets | 155.0M | 10.5M | 13.4M |
| Accounts Receivable | 135.0M | 111.0M | 82.9M |
| Notes Receivable | 20.5M | 22.3M | 4.5M |
| Notes And Accounts Receivable | 155.0M | 133.0M | 87.4M |
| Prepayments | 2.6M | 602,800 | 3.6M |
| Inventory | 150.0M | 165.0M | 144.0M |
| Total Current Assets | 677.0M | 594.0M | 495.0M |
| Fixed Assets | 9.1M | 9.6M | 7.2M |
| Fixed Assets Total | 9.1M | 9.6M | 7.2M |
| Construction In Progress | 951,400 | -- | 34,900 |
| Construction In Progress Total | 951,400 | -- | 34,900 |
| Intangible Assets | 5.2M | 6.6M | 8.1M |
| Long Term Deferred Expenses | 6.0M | 9.0M | 15.2M |
| Total Non Current Assets | 27.1M | 57.0M | 52.3M |
| Total Assets | 704.0M | 651.0M | 547.0M |
| Short Term Borrowings | 5.2M | 9.9M | 4.0M |
| Accounts Payable | 28.2M | 21.6M | 31.0M |
| Contract Liabilities | 124.0M | 151.0M | 127.0M |
| Total Current Liabilities | 227.0M | 264.0M | 237.0M |
| Total Non Current Liabilities | 3.6M | 7.7M | 17.3M |
| Total Liabilities | 231.0M | 271.0M | 254.0M |
| Paid In Capital | 75.0M | 75.0M | 5.6M |
| Capital Reserve | 319.0M | 310.0M | 291.0M |
| Surplus Reserve | 16.6M | 7.0M | -- |
| Retained Earnings | 66.6M | -9.4M | -2.2M |
| Minority Equity | -4.5M | -4.9M | -1.7M |
| Equity Attributable | 478.0M | 384.0M | 295.0M |
| Total Equity | 473.0M | 379.0M | 293.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 |
|---|---|---|---|
| Cash From Sales | 340.0M | 362.0M | 261.0M |
| Tax Refunds Received | 18.1M | 17.1M | 14.4M |
| Total Operating Cash Inflow | 408.0M | 451.0M | 313.0M |
| Cash Paid For Goods | 105.0M | 145.0M | 97.2M |
| Cash Paid To Employees | 187.0M | 150.0M | 104.0M |
| Taxes Paid | 36.2M | 34.6M | 33.3M |
| Total Operating Cash Outflow | 382.0M | 405.0M | 288.0M |
| Operating Cash Flow | 25.9M | 45.4M | 25.6M |
| Total Investing Cash Inflow | 357.0M | 97.8M | 328.0M |
| Total Investing Cash Outflow | 503.0M | 121.0M | 344.0M |
| Investing Cash Flow | -146.0M | -23.0M | -15.8M |
| Cash From Borrowings | 2.0M | 7.0M | 12.0M |
| Dividends And Interest Paid | 144,300 | 282,200 | 478,400 |
| Debt Repayments | 7.0M | 4.0M | 29.0M |
| Total Financing Cash Inflow | 6.7M | 26.5M | 12.0M |
| Total Financing Cash Outflow | 14.1M | 18.3M | 38.7M |
| Financing Cash Flow | -7.4M | 8.2M | -26.7M |
| Net Change In Cash | -128.0M | 31.5M | -16.8M |
| Ending Cash Balance | 75.0M | 203.0M | 171.0M |
| Capex | 4.7M | 6.3M | 6.9M |