SUNRISE REAL ESTATE GROUP INC (SRRE)
Sunrise Real Estate Group, Inc., along with its subsidiaries, specializes in real estate development and brokerage services within the People's Republic of China. Its service portfolio encompasses real estate marketing, property leasing, and property management. Additionally, the company is engaged in real estate investment ventures. Its operations further extend to entity investment, fund management, and financial services. Established in 1996, the firm's main office is located in Shanghai, China. The company rebranded to its current name in May 2006, having previously been known as Sunrise Real Estate Development Group, Inc.
Sector: Operators of Apartment Buildings
Industry: Real Estate - Development
Sunrise Real Estate Group, Inc.
OTC:SRREReal Estate · Real Estate - Development
Mkt Cap-
Float18.35M
O/S-
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$13.28M
Net Income-$8.31M
Total Assets$141.31M
Free Cash Flow-$15.93M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$1.42M
Total Equity$103.05M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in SRRE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$141.31M
Liabilities$64.04M
Accounts Receivable$7.51M
Accounts Payable$14.59M
Inventory$35.71M
PP&E (Net)$306K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Revenue | $13.28M | $15.61M | $24.83M | $80.02M | $54.14M | $5.89M | $32.99M | $8.24M | $27.56M | $5.2M | $4.76M | $8.61M | $12.76M | $8.53M | $9.28M | $12.82M | $13.11M | $8.08M | $8.1M | $16.42M | $10.88M | $7.72M | $0 | $17K | $29K |
| YoY Growth | -14.9% | -37.1% | -69.0% | 47.8% | 818.9% | -82.1% | 300.2% | -70.1% | 429.8% | 9.2% | -44.7% | -32.5% | 49.6% | -8.1% | -27.6% | -2.2% | 62.4% | -0.3% | -50.7% | 50.9% | 40.9% | - | - | -39.8% | - |
| Cost of Revenue | $14.31M | $13.5M | $19.89M | $70.56M | $41.23M | $5.35M | $26.81M | $6.69M | $22.57M | $2.96M | $2.9M | $4.35M | $4.84M | $4.89M | $6.34M | $7.06M | $6M | $6.66M | $6.71M | $6.92M | $3.36M | $4.16M | $0 | $30K | $30K |
| Gross Profit | -$1.03M | $2.11M | $4.94M | $9.46M | $12.91M | $539K | $6.18M | $1.55M | $4.98M | $2.24M | $1.87M | $4.26M | $7.92M | $3.64M | $2.94M | $5.76M | $7.11M | $1.41M | $1.39M | $9.5M | $7.52M | $3.56M | $0 | -$13K | -$1K |
| Gross Margin | -7.8% | 13.5% | 19.9% | 11.8% | 23.8% | 9.2% | 18.7% | 18.8% | 18.1% | 43.1% | 39.2% | 49.5% | 62.1% | 42.6% | 31.7% | 44.9% | 54.3% | 17.5% | 17.2% | 57.9% | 69.1% | 46.1% | - | -75.9% | -4.3% |
| Research and Development | $0 | $0 | $0 | -$0 | $1 | -$0 | -$0 | -$1 | $0 | -$1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.17M | $2.84M | $3.76M | $8.55M | $3.3M | $24.62M | $10.05M | $2.92M | $3.65M | $5.87M | $3.79M | $4.59M | $5.73M | $4.75M | $3.57M | $3.98M | $2.36M | $4.38M | $5.79M | $4.08M | $4.67M | $3.38M | $7K | $1.01M | $3.3M |
| Other | -$472K | $1.41M | $1.8M | $3.03M | $3.42M | $3.7M | $3.08M | $87K | $1.19M | $0 | $1.81M | $1.92M | $0 | $0 | $0 | $0 | $969K | $1.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $2.7M | $4.24M | $5.56M | $8.55M | $6.72M | $28.32M | $13.13M | $4.76M | $4.84M | $5.87M | $5.6M | $6.5M | $5.73M | $4.75M | $3.57M | $3.98M | $3.32M | $5.67M | $5.79M | $4.08M | $4.67M | $3.38M | $7K | $1.01M | $3.3M |
| Operating Income (EBIT) | -$3.73M | -$2.13M | -$614K | -$5.5M | $48.42M | -$2.02M | -$6.95M | -$3.2M | $142K | -$3.63M | -$3.73M | -$2.24M | $2.19M | -$1.11M | -$627K | $1.78M | $3.79M | -$4.26M | -$4.4M | $5.42M | $2.85M | $177K | -$7K | -$1.02M | -$3.3M |
| Operating Margin | -28.1% | -13.6% | -2.5% | -6.9% | 89.4% | -34.2% | -21.1% | -38.9% | 0.5% | -69.9% | -78.3% | -26.0% | 17.1% | -13.0% | -6.8% | 13.9% | 28.9% | -52.7% | -54.3% | 33.0% | 26.2% | 2.3% | - | -5918.2% | -11523.0% |
| Interest Expense | $1.7M | -$2.25M | $3.23M | $651K | $0 | $48 | $0 | $2.14M | $424K | $2.21M | $3.48M | $3.4M | $3.89M | $2.42M | $1.51M | $613K | $555K | $624K | $0 | $0 | $0 | $0 | -$7K | $0 | $0 |
| Interest Income | $133K | $398K | $832K | $691K | $936K | $583K | $152K | $42K | $39K | $59K | $132K | $853K | $1.11M | $239K | $14K | $10K | $4K | $13K | $29K | $7K | $11K | $8K | $0 | $0 | $0 |
| Other Income (Expense) | -$17.69M | -$16.12M | -$24.55M | -$2.73M | $42.23M | $25.77M | $2.04M | $51.31M | $66.87M | $30.96M | -$3.13M | -$2.94M | $2M | -$2.14M | -$104K | -$550K | -$84K | -$583K | $213K | -$484K | -$88K | $39K | $0 | $0 | $0 |
| Income Before Tax (EBT) | -$21.42M | -$18.25M | -$25.17M | -$4.85M | $48.42M | -$2.02M | -$4.9M | $48.11M | $67.01M | $27.33M | -$6.86M | -$5.18M | -$1.17M | -$3.25M | -$929K | $1.23M | $3.71M | -$4.84M | -$4.18M | $4.93M | $2.76M | $216K | $0 | $0 | $0 |
| Income Tax Expense | $7K | $84K | $1.1M | $3.58M | $2.14M | $2.23M | -$384K | $1.57M | $4.14M | -$37K | -$133K | $31K | -$63K | -$14K | $27K | $664K | $201K | $1.16M | $426K | $1.21M | $501K | $164K | $7K | -$163K | $8K |
| Net Income | -$8.31M | -$9.05M | -$10.13M | -$8.43M | $35.05M | -$4.24M | -$4.52M | $46.89M | $62.65M | $30.43M | -$4.77M | -$3.65M | -$1.17M | -$3.09M | -$1.22M | -$25K | $3.28M | -$6.03M | -$4.77M | $3.66M | $2.1M | $64K | -$7K | -$858K | -$3.31M |
| Net Income Margin | -62.6% | -58.0% | -40.8% | -10.5% | 64.7% | -72.0% | -13.7% | 568.7% | 227.4% | 585.2% | -100.0% | -42.4% | -9.2% | -36.3% | -13.1% | -0.2% | 25.0% | -74.7% | -58.8% | 22.3% | 19.3% | 0.8% | - | -4972.8% | -11549.2% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -0.12 | -0.13 | -0.15 | -0.12 | 0.51 | -0.06 | -0.07 | 0.68 | 0.91 | 0.44 | -0.07 | -0.10 | -0.04 | -0.11 | -0.05 | -0.00 | 0.14 | -0.25 | -0.20 | 0.16 | 0.10 | 0.00 | -0.22 | -28.18 | -272.77 |
| Diluted EPS | -0.12 | -0.13 | -0.15 | -0.12 | 0.51 | -0.06 | -0.07 | 0.68 | 0.91 | 0.44 | -0.07 | -0.10 | -0.04 | -0.11 | -0.05 | -0.00 | 0.14 | -0.25 | -0.20 | 0.16 | 0.10 | 0.00 | -0.22 | -28.18 | -272.77 |
| Weighted Average OS | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 68.69M | 37.40M | 28.69M | 28.69M | 26.19M | 23.69M | 23.69M | 23.69M | 23.69M | 23.63M | 22.28M | 17.10M | 31,528 | 30,434 | 12,130 |
| EBITDA | -$18M | -$261K | $1.11M | -$2.42M | $52.71M | -$25.24M | -$3.23M | $50.73M | $67.94M | $30.14M | -$2.7M | -$1.18M | -$2.02M | $290K | $357K | $2.04M | $4.08M | -$3.4M | -$3.66M | $5.53M | $2.98M | $258K | -$7K | -$1.02M | -$3.3M |
| EBITDA Margin | -135.6% | -1.7% | 4.5% | -3.0% | 97.4% | -428.4% | -9.8% | 615.4% | 246.6% | 579.5% | -56.7% | -13.7% | -15.8% | 3.4% | 3.8% | 15.9% | 31.1% | -42.1% | -45.2% | 33.7% | 27.4% | 3.3% | - | -5912.4% | -11510.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $16.75M | $19.95M | $20.45M | $33.2M | $24.9M | $40.37M | $15.9M | $17.66M | $5.87M | $8.87M | $2.15M | $2.82M | $4.27M | $1.97M | $4.92M | $4.11M | $3.44M | $587K | $2.28M | $946K | $856K | $970K | $0 | $0 | $1K |
| Short-Term Investments | $21.17M | $23.97M | $26.51M | $10.96M | $13.89M | $25.01M | $27.82M | $49.45M | $23.15M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $38.04M | $43.91M | $46.96M | $44.16M | $38.79M | $65.38M | $43.72M | $67.11M | $29.02M | $8.87M | $2.15M | $2.82M | $4.27M | $1.97M | $4.92M | $4.11M | $3.44M | $587K | $2.28M | $946K | $856K | $970K | $0 | $0 | $1K |
| Accounts Receivable | $7.51M | $18.23M | $553K | $18.57M | $17.67M | $3.99M | $4.8M | $10.13M | $4.85M | $1.45M | $1.82M | $1.67M | $1.29M | $2.24M | $1.74M | $521K | $828K | $1.04M | $1.84M | $4.89M | $1.53M | $2.64M | $0 | $0 | $108K |
| Inventory | $35.71M | $63.95M | $88.74M | $120.3M | $178.69M | $166.24M | $85.91M | $64.42M | $67.97M | $5.74M | $1.62M | $2.96M | $303K | $1.35M | $0 | $1.28M | $0 | $32K | $2.44M | $365K | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $16.42M | $71.39M | $28.25M | $63.29M | $91.46M | $61.37M | $13.48M | $11.63M | $5.88M | $3.99M | $4.41M | $5.85M | $6.46M | $27.55M | $6.07M | $2.52M | $732K | $1.48M | $3.71M | $2.21M | $5.22M | $2.78M | $0 | $0 | $57K |
| Total Current Assets | $102.64M | $133.53M | $164.5M | $235.77M | $321.63M | $302.89M | $145.83M | $148.03M | $107.94M | $96.34M | $85.88M | $81.51M | $40.2M | $30.37M | $8.59M | $6.03M | $5.01M | $2.79M | $6.83M | $8.41M | $7.6M | $6.4M | $0 | $0 | $166K |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $306K | $433K | $728K | $1M | $1.24M | $1.38M | $1.2M | $1.1M | $1.28M | $1.41M | $7.54M | $8.47M | $9.14M | $9.3M | $2.41M | $2.57M | $9.89M | $10.84M | $2.52M | $2.49M | $531K | $597K | $0 | $0 | $7K |
| Goodwill | $0 | $0 | $0 | $1.24M | $1.86M | $1.69M | $381K | $0 | $4.85M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $13K | $13K | $207K | $188K | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $183K | $0 | $0 | $0 |
| Long-Term Investments | $14.03M | $14.01M | $13.73M | $13.4M | $15.03M | $14.31M | $12.92M | $31M | $50.83M | $37.18M | $7.72M | $5.64M | $5.75M | $3.93M | $4.25M | $1.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | -$653K | $853K | $955K | $381K | $183.83M | $591K | $338K | $142K | $17K | $469K | $189K | $0 | $0 | $0 | $0 | $0 | $143K | $144K | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $24.33M | $26.72M | $28.91M | $23.33M | $26.34M | $27.28M | $26.57M | $3.71M | $3.66M | $4.01M | $5.01M | $5.7M | $6.14M | $6.4M | $6.92M | $7.21M | $0 | $0 | $7.88M | $10.66M | $7.49M | $1.48M | $0 | $0 | $1K |
| Total Long-Term Assets | $38.67M | $41.17M | $43.37M | $38.32M | $45.32M | $45.61M | $41.45M | $35.81M | $56.96M | $43.28M | $20.4M | $19.83M | $21.49M | $19.82M | $13.58M | $11.29M | $9.89M | $10.86M | $10.41M | $13.5M | $8.35M | $2.26M | $0 | $0 | $8K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $141.31M | $174.7M | $207.88M | $274.09M | $366.95M | $348.51M | $187.28M | $183.83M | $164.9M | $139.62M | $106.28M | $101.34M | $61.7M | $50.19M | $22.17M | $17.32M | $14.89M | $13.65M | $17.25M | $21.92M | $15.95M | $8.66M | $0 | $0 | $174K |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $14.59M | $16.87M | $1.09M | $22.37M | $25.12M | $20.45M | $4.35M | $5.27M | $3.77M | $2.49M | $7.47M | $10.53M | $5.67M | $587K | $482K | $87K | $316K | $340K | $231K | $529K | $74K | $194K | $0 | $5K | $111K |
| Short-Term Debt | $1.42M | $1.39M | $1.41M | $1.44M | $1.57M | $1.53M | $1.43M | $1.46M | $1.53M | $16.42M | $21.39M | $48.86M | $38.8M | $23.78M | $12.83M | $9.21M | $1.24M | $7.01M | $1.17M | $2M | $2.2M | $1.28M | $0 | $0 | $37K |
| Current Income Tax Payable | $91K | $278K | $2.17M | $2.1M | $1.09M | $1.48M | $1.42M | $945K | $1.04M | $427K | $414K | $422K | $380K | $289K | $294K | $1.59M | $1.37M | $1.68M | $547K | $259K | $158K | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $17.11M | $17.5M | $23.32M | $34.74M | $126.18M | $116.16M | $21.7M | $40.7M | $41.47M | $54.26M | $18.14M | $12.31M | $3.17M | $1.22M | $8.53M | $0 | $0 | $3.66M | $1.01M | $1.24M | $1.72M | $1.4M | $0 | $0 | $0 |
| Other Current Liabilities | -$62.58M | $41.96M | $65.82M | $69.54M | $40.95M | $64.67M | $17.71M | $10.74M | $25.54M | $0 | $45.41M | $30.81M | $3.69M | $890K | $773K | $1.03M | $0 | -$1M | $2.64M | $3.52M | $1.04M | $1.43M | $0 | $0 | $0 |
| Total Current Liabilities | $1.42M | $77.72M | $91.68M | $128.28M | $194.09M | $203.06M | $45.41M | $58.45M | $72.61M | $117.77M | $92.41M | $91.04M | $49.21M | $37.71M | $22.37M | $14.26M | $5.63M | $11.68M | $5.59M | $7.28M | $5.03M | $4.29M | $0 | $5K | $148K |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $18.48M | $8.17M | $6.89M | $0 | $0 | $2.26M | $8.05M | $216K | $5.96M | $4.17M | $5.31M | $1.2M | $0 | $0 | $25K |
| Long-Term Unearned Revenue | $17.29M | $0 | $23.51M | $34.91M | $126.29M | $5.08M | $4.75M | $4.83M | $41.63M | $54.54M | $18.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | -$23.51M | -$34.91M | -$126.29M | $0 | $0 | -$40.75M | -$41.63M | -$54.54M | -$18.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $45.32M | $0 | $0 | $1.08M | $2.24M | $2.59M | $2.93M | $8.11M | $8.7M | $4.78M | $5.11M | $5.42M | $2M | $7.19M | $2.89M | $3.45M | $4.32M | $8.28M | $0 | $0 | $0 | $0 | $12K | $0 | $0 |
| Total Long-Term Liabilities | $62.61M | $0 | $0 | $1.08M | $2.24M | $7.67M | $7.68M | $8.11M | $8.7M | $4.78M | $23.59M | $13.59M | $8.89M | $7.19M | $2.89M | $5.72M | $12.37M | $8.49M | $5.96M | $4.17M | $5.31M | $1.2M | $12K | $5K | $25K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5K | $0 |
| Total Liabilities | $64.04M | $77.72M | $91.68M | $129.36M | $196.33M | $210.73M | $53.1M | $66.56M | $81.3M | $122.55M | $116M | $104.63M | $58.1M | $44.9M | $25.26M | $19.98M | $18M | $20.17M | $11.55M | $11.45M | $10.33M | $5.5M | $12K | $5K | $173K |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $687K | $287K | $287K | $287K | $237K | $237K | $237K | $237K | $230K | $216K | $216K | $306 | $2K | $619K |
| Retained Earnings | $82.05M | $90.36M | $99.17M | $109.3M | $117.73M | $100.29M | $105.33M | $106.73M | $68.98M | $5.83M | -$24.55M | -$19.78M | -$14.67M | -$13.5M | -$10.21M | -$9.23M | -$9.02M | -$12.19M | -$742K | $5.74M | $2.56M | $530K | -$5.06M | -$5.05M | -$4.19M |
| Comprehensive Income & Other | $12.2M | $9.99M | $11.3M | $13.43M | $28.73M | $26.97M | $16.87M | $404K | $4.03M | $1.41M | $1.74M | $1.07M | $955K | $1.14M | $494K | $1.52M | $662K | $586K | $2.04M | $1.19M | $389K | $175K | $0 | $0 | $0 |
| Other Stockholders' Equity | $20.31M | $18.1M | $19.41M | $21.54M | $36.78M | $34.54M | $24.44M | $7.97M | $11.6M | $8.98M | $9.31M | $8.64M | $5.53M | $5.71M | $5.85M | $5.14M | $5.04M | $4.94M | $5.66M | $4.11M | $2.62M | $2.41M | $5.05M | $5.05M | $3.58M |
| Total Equity | $103.05M | $109.15M | $119.27M | $131.53M | $155.19M | $135.52M | $130.45M | $115.39M | $81.26M | $15.5M | -$14.55M | -$10.45M | -$8.86M | -$7.5M | -$4.07M | -$3.85M | -$3.74M | -$7.01M | $5.15M | $10.09M | $5.4M | $3.16M | -$12K | -$5K | $1K |
| Minority Interest | -$25.77M | -$12.17M | -$3.07M | $13.21M | $15.43M | $2.26M | $3.73M | $1.89M | $2.34M | $1.57M | $4.84M | $7.16M | $12.46M | $12.79M | $986K | $1.19M | $637K | $488K | $543K | $375K | $224K | $4K | $0 | $0 | $0 |
| Total Liabilities and Equity | $167.08M | $186.87M | $210.95M | $260.89M | $351.52M | $346.24M | $183.55M | $181.95M | $162.56M | $138.06M | $101.45M | $94.18M | $49.24M | $37.4M | $21.18M | $16.13M | $14.26M | $13.16M | $16.7M | $21.54M | $15.73M | $8.65M | $0 | $0 | $174K |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $1.42M | $1.39M | $1.41M | $1.44M | $1.57M | $1.53M | $1.43M | $1.46M | $1.53M | $16.42M | $39.87M | $47.01M | $35.17M | $23.78M | $12.83M | $11.47M | $9.3M | $7.22M | $7.13M | $6.17M | $7.5M | $2.48M | $0 | $0 | $62K |
| Net Debt | -$15.33M | -$18.55M | -$19.04M | -$31.77M | -$23.33M | -$38.84M | -$14.47M | -$16.2M | -$4.34M | $7.54M | $37.72M | $44.19M | $30.91M | $21.81M | $7.91M | $7.36M | $5.85M | $6.64M | $4.85M | $5.22M | $6.65M | $1.51M | $0 | $0 | $61K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Operating Activities | |||||||||||||||||||||||||
| Net Income | -$21.42M | -$9.05M | -$10.13M | -$9.4M | $46.28M | -$4.24M | -$4.52M | $46.53M | $62.87M | $27.37M | -$6.72M | -$5.21M | -$1.93M | -$3.47M | -$1.22M | -$25K | $3.28M | -$6.03M | -$4.77M | $3.66M | $2.1M | $64K | -$7K | -$858K | -$1.02M |
| Depreciation & Amortization | $1.72M | $1.87M | $1.72M | $1.78M | $4.28M | $2.55M | $1.67M | $480K | $504K | $602K | $1.03M | $1.06M | $1.1M | $990K | $926K | $866K | $842K | $814K | $734K | $113K | $131K | $82K | $0 | $1K | $4K |
| Deferred Income Tax | $0 | $0 | $0 | $808K | $123K | -$517K | -$385K | $583K | $0 | -$213K | -$131K | -$17K | -$270K | -$189K | $0 | $0 | $0 | $1.09M | $0 | $6K | -$142K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||
| Accounts Receivable | -$12.06M | $3.7M | -$2.21M | -$149K | $13K | -$48K | $209K | $103K | $587K | $318K | -$283K | -$35K | $574K | -$738K | -$847K | $404K | $70K | $177K | $4.03M | -$4.81M | -$3.41M | $0 | $0 | $0 | $0 |
| Inventory | $7.45M | $12.41M | $10.1M | $44.76M | -$8.46M | -$70.18M | -$47.25M | $302K | $12.56M | -$3.47M | $5.65M | $2.62M | -$980K | $3.03M | -$3.68M | $452K | $273K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$2.63M | -$7.73M | $2.9M | -$645K | $4.14M | $14.91M | -$846K | $1.74M | $1.09M | -$4.7M | -$2.56M | $4.87M | -$114K | $104K | $381K | -$234K | -$25K | $92K | -$321K | $444K | -$122K | $0 | $0 | $0 | $0 |
| Other Working Capital | -$5.32M | -$7.55M | -$11.98M | -$49.56M | -$65.32M | $99.46M | -$1.15M | -$75.78M | -$12.44M | $34.76M | -$4.36M | -$33.18M | -$9.02M | -$14.02M | -$725K | -$2.23M | -$3.96M | $1.23M | -$163K | $1.21M | $2.03M | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$12.55M | $834K | -$1.19M | -$5.59M | -$69.62M | $44.14M | -$49.04M | -$73.63M | $1.8M | $26.91M | -$1.55M | -$25.72M | -$9.54M | -$11.63M | -$4.87M | -$1.61M | -$3.65M | $1.5M | $3.55M | -$3.15M | -$1.5M | -$2.44M | -$5K | -$47K | -$108K |
| Other Non-Cash Items | $16.32M | $2.17M | $5.54M | -$781K | -$115K | -$23.34M | $2.92M | $17.51M | -$67.94M | -$31.47M | $1M | $982K | $168K | $247K | $284K | $588K | $266K | $27K | -$462K | $65K | $178K | -$12K | $0 | $799K | $593K |
| Net Cash from Operating | -$15.93M | -$4.18M | -$4.06M | -$13.17M | -$19.04M | $18.59M | -$49.35M | -$8.53M | -$2.77M | $23.2M | -$7.43M | -$28.42M | -$9.37M | -$13.61M | -$4.88M | -$178K | $736K | -$1.21M | -$949K | $689K | $761K | -$2.31M | -$12K | -$104K | -$532K |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | $0 | -$19K | -$6K | -$190K | -$109K | -$356K | -$288K | -$5K | -$16K | -$82K | -$189K | -$84K | -$189K | -$7.31M | -$26K | -$485K | -$7K | -$373K | -$2.39M | -$436K | -$69K | -$451K | $0 | -$2K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | -$543K | $0 | $0 | $0 | $9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.51M | -$60K | $0 | -$1.67M | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | -$15.8M | $0 | $0 | -$1.41M | $0 | -$28.39M | -$22.44M | -$1.15M | -$371K | $0 | -$103K | -$60K | -$2.6M | -$1.48M | $0 | -$404K | -$75K | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $1.82M | $11.57M | $4.46M | $21.1M | $0 | $0 | $0 | $112K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $10.28M | $2.15M | -$6K | $1.82M | $16.69M | $23.92M | $39.15M | $71.34M | $35.01M | $7.59M | -$2.09M | -$252K | -$1.43M | -$3.92M | $5K | -$149K | $12K | $147K | -$2.44M | $1.25M | -$5.76M | $119K | $0 | $0 | $0 |
| Net Cash from Investing | $10.28M | $2.15M | -$15.8M | $1.63M | $28.15M | $26.07M | $59.96M | $42.94M | $34.99M | $7.51M | -$2.28M | -$335K | -$1.72M | -$11.29M | -$2.62M | -$2.11M | $5K | -$630K | $1.66M | $753K | -$5.82M | -$2.01M | $0 | -$2K | $0 |
| Financing Activities | |||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | $15.71M | $15.56M | -$585K | -$15.98M | $2.16M | - | -$5.05M | -$1.8M | -$1.95M | -$230K | $283K | $148K | - | -$2.48M | - | - | $3K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.02M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $52K | $524K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | -$10.18M | $0 | -$6.87M | -$23.87M | -$6.87M | -$71.34M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$544K | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$14.12M | $23.76M | -$15.46M | $3.55M | -$6.94M | $50.86M | -$21.55M | -$1.57M | $8.23M | $18.11M | $1.53M | $13.81M | $3.62M | -$102K | $104K | $95K | $8K | $125K | $122K | $2.07M | $12K | $53K | $12K |
| Net Cash from Financing | $0 | $0 | -$24.3M | $23.76M | -$22.33M | -$20.32M | -$13.81M | -$20.47M | -$37.44M | -$23.44M | $8.81M | $28.26M | $13.17M | $24.48M | $5.84M | $1.7M | $2.1M | $46K | $203K | -$1.4M | $4.98M | $4M | $12K | $105K | $533K |
| Forex Effect | $1.45M | -$82K | -$9.73M | -$3.91M | -$2.24M | $126K | $1.45M | -$1.67M | $2.39M | $476K | $216K | $68K | $498K | -$28K | $61K | $118K | $16K | $104K | $421K | $50K | -$35K | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$4.2M | -$2.11M | -$53.89M | $8.3M | -$15.47M | $24.47M | -$1.76M | $12.27M | -$2.82M | $7.75M | -$683K | -$429K | $2.57M | -$443K | -$1.6M | -$471K | $2.86M | -$1.69M | $1.34M | $90K | -$114K | -$310K | $0 | -$1K | $1K |
| Supplementary Data | |||||||||||||||||||||||||
| Operating Cash Flow | -$15.93M | -$4.18M | -$4.06M | -$13.17M | -$19.04M | $18.59M | -$49.35M | -$8.53M | -$2.77M | $23.2M | -$7.43M | -$28.42M | -$9.37M | -$13.61M | -$4.88M | -$178K | $736K | -$1.21M | -$949K | $689K | $761K | -$2.31M | -$12K | -$104K | -$532K |
| Capital Expenditure | $3 | -$19K | -$6K | -$190K | -$109K | -$356K | -$288K | -$5K | -$16K | -$82K | -$189K | -$84K | -$189K | -$7.31M | -$26K | -$485K | -$7K | -$373K | -$2.39M | -$436K | -$69K | -$451K | $0 | -$2K | $0 |
| Free Cash Flow | -$15.93M | -$4.18M | -$4.06M | -$13.37M | -$19.15M | $18.24M | -$49.64M | -$8.53M | -$2.78M | $23.12M | -$7.62M | -$28.5M | -$9.56M | -$20.92M | -$4.9M | -$663K | $730K | -$1.59M | -$3.34M | $254K | $691K | -$2.76M | -$12K | -$106K | -$532K |
| Cash at Beginning | $21.07M | $23.18M | $77.07M | $24.9M | $40.37M | $15.9M | $17.66M | $6.94M | $8.69M | $944K | $1.63M | $2.06M | $934K | $1.38M | $2.97M | $3.44M | $587K | $2.28M | $946K | $856K | $970K | $1.28M | $0 | $1K | $2 |
| Cash at End | $16.87M | $21.07M | $23.18M | $33.2M | $24.9M | $40.37M | $15.9M | $19.21M | $5.87M | $8.69M | $944K | $1.63M | $3.5M | $934K | $1.38M | $2.97M | $3.44M | $587K | $2.28M | $946K | $856K | $970K | $0 | $0 | $1K |