Latest Annual Report
Filed: 2026-03-24
Key Insights
- The company reported steady growth in sales revenue over the past 2 years, with sales increasing by 6% in 2024 and 4% in 2025.
- Profitability improved, with gross margins expanding from 48% in 2024 to 50% in 2025 due to better cost management.
- The company's reliance on its top two customers poses a concentration risk, with these customers accounting for over 40% of total sales in 2025.