Market cap
$471 Mln
Revenue (TTM)
$83 Mln
P/E Ratio
--
P/B Ratio
8.8
Div. Yield
0 %
Income Statement ($ Mln) |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Operating Revenue
|
83.38
|
77.36
|
79.87
|
81.06
|
71.33
|
48.96
|
|||||
|
Cost of Revenue
|
10.04
|
10.70
|
11.58
|
11.88
|
12.36
|
8.61
|
|||||
|
Gross Profit
|
73.34
|
66.67
|
68.29
|
69.18
|
58.97
|
40.35
|
|||||
|
Operating Expenses
|
101.21
|
103.77
|
118.82
|
126.45
|
142.92
|
91.82
|
|||||
|
Operating Profit (EBIT)
|
-27.88
|
-37.10
|
-50.53
|
-57.27
|
-83.95
|
-51.48
|
|||||
|
Other Income
|
--
|
--
|
--
|
--
|
2.23
|
-6.93
|
|||||
|
Profit before Tax
|
-29.79
|
-38.42
|
-51.27
|
-55.44
|
-86.20
|
-62.77
|
|||||
|
Provision for Tax
|
-0.03
|
0.01
|
0.24
|
0.11
|
0.05
|
0.19
|
|||||
|
Profit after Tax (Net Income)
|
-29.76
|
-38.43
|
-51.51
|
-55.55
|
-86.24
|
-62.96
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Consolidated Profit
|
--
|
--
|
--
|
--
|
-86.24
|
-62.96
|
Liabilities ($ Mln) |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Shareholder's Funds
|
52.89
|
63.94
|
87.52
|
120.22
|
160.08
|
232.11
|
|||||
|
Minority Interest
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Non-Current Liabilities
|
31.48
|
40.33
|
39.85
|
34.18
|
35.18
|
34.58
|
|||||
|
Current Liabilities
|
20.50
|
11.03
|
15.47
|
12.25
|
17.82
|
13.50
|
|||||
|
Total Liabilities
|
125.37
|
115.30
|
142.84
|
166.65
|
213.07
|
280.19
|
Assets ($ Mln) |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Non-Current Assets
|
3.43
|
2.57
|
3.07
|
3.78
|
3.40
|
3.15
|
|||||
|
Current Assets
|
101.44
|
112.73
|
139.77
|
162.87
|
209.68
|
277.04
|
|||||
|
Total Assets
|
125.37
|
115.30
|
142.84
|
166.65
|
213.07
|
280.19
|
|||||
|
Total Debt*
|
41.97
|
40.78
|
40.36
|
35.41
|
34.98
|
33.17
|
|||||
|
Net Current Assets
|
80.94
|
101.71
|
124.31
|
150.62
|
191.86
|
263.53
|
Cashflow ($ Mln) |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Cash From Operating Activities
|
--
|
-29.69
|
-22.35
|
-47.18
|
-75.97
|
-52.54
|
|||||
|
Cash Flow from Investing Activities
|
--
|
-0.22
|
-0.39
|
-0.79
|
-0.97
|
-0.81
|
|||||
|
Cash from Financing Activities
|
--
|
1.79
|
4.96
|
1.10
|
1.25
|
252.53
|
|||||
|
Net Cash Inflow / Outflow
|
--
|
--
|
--
|
--
|
-75.69
|
199.18
|
Financials Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Adjusted EPS ($)
|
-0.56
|
-0.72
|
-1.01
|
-1.14
|
-1.79
|
-1.33
|
|||||
|
Cash EPS ($)
|
--
|
-0.71
|
-1.00
|
-1.12
|
-1.77
|
-1.32
|
|||||
|
Adjusted Book Value ($)
|
--
|
1.20
|
1.72
|
2.46
|
3.32
|
4.90
|
|||||
|
Dividend per Share ($)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
Cash Flow per Share ($)
|
--
|
-0.56
|
-0.44
|
-0.96
|
-1.58
|
-1.11
|
|||||
|
Free Cash Flow per Share ($)
|
--
|
-0.56
|
-0.45
|
-0.98
|
-1.60
|
-1.13
|
Profitability Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
ROCE (%)
|
--
|
-33.04
|
-36.33
|
-31.68
|
-37.47
|
-60.28
|
|||||
|
ROE (%)
|
-50.94
|
-50.74
|
-49.59
|
-39.64
|
-43.98
|
-87.90
|
|||||
|
ROA (%)
|
-22.95
|
-29.77
|
-33.29
|
-29.26
|
-34.97
|
-35.67
|
|||||
|
EBIT Margin (%)
|
-31.37
|
-43.01
|
-58.36
|
-61.72
|
-114.58
|
-119.30
|
|||||
|
Net Margin (%)
|
-35.69
|
-49.67
|
-64.49
|
-68.53
|
-117.25
|
-149.80
|
|||||
|
Cash Profit Margin (%)
|
0.00
|
--
|
--
|
--
|
--
|
--
|
Growth Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue Growth (%)
|
9.27
|
-0.03
|
-0.01
|
0.14
|
0.46
|
0.77
|
|||||
|
EBIT Growth (%)
|
40.37
|
28.61
|
6.84
|
38.79
|
-39.93
|
-81.22
|
|||||
|
Net Profit Growth (%)
|
39.28
|
25.40
|
7.27
|
35.59
|
-36.98
|
-81.48
|
|||||
|
EPS Growth (%)
|
41.99
|
0.29
|
0.11
|
0.37
|
-0.35
|
-0.34
|
|||||
|
Book Value Growth (%)
|
-28.17
|
--
|
--
|
--
|
--
|
--
|
Valuation Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Price / Earnings
|
--
|
-10.95
|
-3.59
|
-4.54
|
-6.82
|
-13.23
|
|||||
|
Price / Book Value
|
8.76
|
6.58
|
2.11
|
2.10
|
3.68
|
3.59
|
|||||
|
Dividend Yield (%)
|
--
|
--
|
--
|
--
|
--
|
--
|
|||||
|
EV/EBITDA
|
-4.25
|
-11.28
|
-2.29
|
-3.03
|
-5.45
|
-10.58
|
|||||
|
Close Price ($)
|
5.42
|
7.93
|
3.64
|
5.16
|
12.21
|
17.57
|
|||||
|
High Price ($)
|
9.24
|
9.24
|
8.45
|
15.30
|
18.40
|
42.57
|
|||||
|
Low Price ($)
|
3.11
|
2.03
|
3.30
|
1.04
|
5.35
|
17.00
|
|||||
|
Market Cap ($ Cr)
|
471.00
|
--
|
--
|
--
|
--
|
--
|
Solvency Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debt to Equity
|
0.58
|
0.64
|
0.46
|
0.29
|
0.22
|
0.14
|
|||||
|
Short term debt to equity ratio
|
0.20
|
0.01
|
0.01
|
0.02
|
0.01
|
0.00
|
|||||
|
Current Ratio
|
4.95
|
10.22
|
9.04
|
13.29
|
11.77
|
20.52
|
|||||
|
Quick Ratio
|
4.67
|
9.52
|
8.63
|
12.65
|
11.43
|
20.26
|
|||||
|
Interest Coverage
|
-4.78
|
-6.47
|
-10.00
|
-9.25
|
-18.30
|
-13.38
|
Operating Efficiency Ratios |
TTM | Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Debtors to sales (%)
|
13.66
|
12.60
|
13.51
|
17.63
|
21.24
|
17.79
|
|||||
|
Asset Turnover
|
0.64
|
0.60
|
0.52
|
0.43
|
0.29
|
0.28
|
|||||
|
Receivable days
|
--
|
48.47
|
57.34
|
66.32
|
61.08
|
52.49
|
|||||
|
Inventory Days
|
--
|
240.59
|
223.51
|
214.63
|
141.67
|
128.81
|
|||||
|
Payable days
|
--
|
51.80
|
53.96
|
67.93
|
89.22
|
116.85
|
|||||
|
Cash Conversion Cycle
|
--
|
237.25
|
226.89
|
213.03
|
113.53
|
64.46
|