Market cap
$453 Mln
Revenue (TTM)
$292 Mln
P/E Ratio
--
P/B Ratio
2.4
Div. Yield
0 %
Income Statement ($ Mln) |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
291.84
|
325.07
|
326.13
|
260.93
|
187.13
|
106.01
|
|||||
|
Cost of Revenue
|
94.54
|
98.51
|
103.13
|
90.75
|
70.29
|
62.33
|
|||||
|
Gross Profit
|
197.30
|
226.56
|
223.00
|
170.18
|
116.84
|
43.68
|
|||||
|
Operating Expenses
|
223.39
|
257.36
|
264.14
|
216.92
|
184.62
|
241.96
|
|||||
|
Operating Profit (EBIT)
|
-26.09
|
-30.79
|
-41.13
|
-46.74
|
-67.78
|
-198.28
|
|||||
|
Other Income
|
--
|
--
|
--
|
--
|
-53.61
|
-1.93
|
|||||
|
Profit before Tax
|
-9.05
|
-13.41
|
-24.49
|
-55.26
|
-137.65
|
-224.80
|
|||||
|
Provision for Tax
|
1.47
|
2.16
|
1.99
|
0.13
|
1.43
|
-0.08
|
|||||
|
Profit after Tax (Net Income)
|
-10.52
|
-15.57
|
-26.48
|
-55.38
|
-139.08
|
-224.72
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Consolidated Profit
|
--
|
-15.57
|
-26.48
|
-55.38
|
-139.08
|
-224.72
|
Liabilities ($ Mln) |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
179.14
|
170.23
|
191.76
|
166.56
|
169.90
|
315.57
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Non-Current Liabilities
|
58.34
|
215.70
|
363.96
|
367.85
|
375.11
|
233.58
|
|||||
|
Current Liabilities
|
409.74
|
366.37
|
357.61
|
360.98
|
357.97
|
246.54
|
|||||
|
Total Liabilities
|
647.22
|
752.30
|
913.33
|
895.38
|
902.98
|
795.69
|
Assets ($ Mln) |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
190.01
|
199.81
|
201.48
|
212.22
|
229.37
|
258.55
|
|||||
|
Current Assets
|
457.21
|
552.50
|
711.85
|
683.16
|
673.61
|
537.13
|
|||||
|
Total Assets
|
647.22
|
752.30
|
913.33
|
895.38
|
902.98
|
795.69
|
|||||
|
Total Debt*
|
144.81
|
243.17
|
360.96
|
361.74
|
366.39
|
223.09
|
|||||
|
Net Current Assets
|
--
|
186.12
|
354.24
|
322.18
|
315.64
|
290.60
|
Cashflow ($ Mln) |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
17.73
|
35.57
|
19.02
|
8.61
|
85.83
|
-157.96
|
|||||
|
Cash Flow from Investing Activities
|
21.04
|
123.92
|
-69.33
|
-89.50
|
-2.53
|
-12.66
|
|||||
|
Cash from Financing Activities
|
-105.76
|
-177.47
|
-4.91
|
-2.08
|
51.18
|
255.04
|
|||||
|
Net Cash Inflow / Outflow
|
--
|
--
|
--
|
--
|
127.73
|
85.49
|
Financials Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS ($)
|
-0.11
|
-0.17
|
-0.26
|
-0.56
|
-1.47
|
-2.47
|
|||||
|
Cash EPS ($)
|
-0.11
|
0.00
|
-0.13
|
-0.41
|
-1.27
|
-2.22
|
|||||
|
Adjusted Book Value ($)
|
1.85
|
1.81
|
1.90
|
1.68
|
1.80
|
3.47
|
|||||
|
Dividend per Share ($)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Cash Flow per Share ($)
|
0.18
|
0.38
|
0.19
|
0.09
|
0.91
|
-1.74
|
|||||
|
Free Cash Flow per Share ($)
|
0.18
|
0.37
|
0.12
|
0.04
|
0.88
|
-1.81
|
Profitability Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
-2.85
|
-3.22
|
-4.90
|
-10.40
|
-25.88
|
-45.41
|
|||||
|
ROE (%)
|
-6.02
|
-8.60
|
-14.78
|
-32.92
|
-57.30
|
-60.62
|
|||||
|
ROA (%)
|
-1.50
|
-1.87
|
-2.93
|
-6.16
|
-16.38
|
-28.02
|
|||||
|
EBIT Margin (%)
|
-13.71
|
-1.42
|
-4.08
|
-16.86
|
-64.87
|
-188.87
|
|||||
|
Net Margin (%)
|
-3.60
|
-4.79
|
-8.12
|
-21.23
|
-104.16
|
-215.92
|
|||||
|
Cash Profit Margin (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
Growth Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
-0.10
|
0.00
|
0.25
|
0.39
|
0.77
|
-0.68
|
|||||
|
EBIT Growth (%)
|
-765.82
|
65.27
|
69.76
|
63.76
|
39.37
|
-203.51
|
|||||
|
Net Profit Growth (%)
|
32.47
|
41.19
|
52.19
|
60.18
|
38.11
|
-226.82
|
|||||
|
EPS Growth (%)
|
0.34
|
0.37
|
0.53
|
0.62
|
0.40
|
-2.09
|
|||||
|
Book Value Growth (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
Valuation Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
-40.87
|
-20.34
|
-31.92
|
-10.49
|
-11.85
|
-7.33
|
|||||
|
Price / Book Value
|
2.40
|
1.86
|
4.41
|
3.49
|
9.70
|
5.22
|
|||||
|
Dividend Yield (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
EV/EBITDA
|
-10.53
|
10.14
|
391.92
|
-11.43
|
-13.81
|
-8.07
|
|||||
|
Close Price ($)
|
4.45
|
3.36
|
8.36
|
5.86
|
17.44
|
18.10
|
|||||
|
High Price ($)
|
4.46
|
9.20
|
11.91
|
18.15
|
26.52
|
22.90
|
|||||
|
Low Price ($)
|
1.81
|
2.51
|
5.70
|
5.30
|
13.05
|
5.71
|
|||||
|
Market Cap ($ Cr)
|
--
|
--
|
--
|
--
|
--
|
--
|
Solvency Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
0.81
|
1.43
|
1.88
|
2.17
|
2.16
|
0.71
|
|||||
|
Short term debt to equity ratio
|
0.51
|
0.19
|
0.01
|
0.02
|
0.02
|
0.02
|
|||||
|
Current Ratio
|
1.12
|
1.51
|
1.99
|
1.89
|
1.88
|
2.18
|
|||||
|
Quick Ratio
|
--
|
--
|
--
|
1.89
|
1.83
|
2.11
|
|||||
|
Interest Coverage
|
-7.26
|
-0.53
|
-1.19
|
-3.90
|
-7.46
|
-8.14
|
Operating Efficiency Ratios |
Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
9.30
|
1.71
|
15.82
|
17.55
|
10.32
|
10.63
|
|||||
|
Asset Turnover
|
0.42
|
0.39
|
0.36
|
0.29
|
0.22
|
0.13
|
|||||
|
Receivable days
|
20.46
|
32.11
|
54.53
|
45.56
|
29.84
|
79.38
|
|||||
|
Inventory Days
|
--
|
--
|
2.55
|
39.16
|
91.43
|
154.98
|
|||||
|
Payable days
|
1,119.91
|
1,125.06
|
1,090.12
|
1,200.75
|
1,245.34
|
1,473.12
|
|||||
|
Cash Conversion Cycle
|
--
|
--
|
-1,033.04
|
-1,116.02
|
-1,124.07
|
-1,238.77
|