Greenheart Group Limited (HKG:0094)

Greenheart Group Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	42.36	51.87	90.98	164.31	320.52
Revenue Growth (YoY)	-18.34%	-42.99%	-44.63%	-48.74%	-1.76%
Cost of Revenue	36.97	90.43	105.91	212.28	292.84
Gross Profit	5.39	-38.56	-14.92	-47.97	27.68
Selling, General & Admin	52.79	48.01	60.44	74.63	91.68
Operating Expenses	52.63	48	59.39	74.5	93.3
Operating Income	-47.24	-86.55	-74.31	-122.47	-65.63
Interest Expense	-21.6	-24.63	-23.81	-17.11	-16.17
Interest & Investment Income	0.64	1.28	1.59	0.52	0.69
Earnings From Equity Investments	-0.03	-0.04	-0.08	-0.06	-0.12
Currency Exchange Gain (Loss)	-0.64	2.83	-0.09	-	-
Other Non Operating Income (Expenses)	0.25	0.7	0.42	25.37	0.84
EBT Excluding Unusual Items	-68.61	-106.42	-96.28	-113.76	-80.39
Gain (Loss) on Sale of Assets	0.02	-	0.08	-	-0
Asset Writedown	34.18	-85.9	-87.86	-3.29	31.2
Other Unusual Items	-	-	-	0.24	-0.3
Pretax Income	-34.42	-192.32	-184.06	-116.81	-49.5
Income Tax Expense	-39.28	-19.07	-44.38	-19.06	9.73
Earnings From Continuing Operations	4.86	-173.25	-139.67	-97.75	-59.23
Earnings From Discontinued Operations	-107.39	-	-	-	-
Net Income to Company	-102.53	-173.25	-139.67	-97.75	-59.23
Minority Interest in Earnings	2.18	34.01	46.6	29.59	22.29
Net Income	-100.35	-139.24	-93.08	-68.15	-36.94
Net Income to Common	-100.35	-139.24	-93.08	-68.15	-36.94
Shares Outstanding (Basic)	2,349	1,855	1,855	1,855	1,855
Shares Outstanding (Diluted)	2,349	1,855	1,855	1,855	1,855
Shares Change (YoY)	26.62%	-	-	-	-
EPS (Basic)	-0.04	-0.08	-0.05	-0.04	-0.02
EPS (Diluted)	-0.04	-0.08	-0.05	-0.04	-0.02
Free Cash Flow	-	-31.44	-6.66	-35.96	-17.79
Free Cash Flow Per Share	-	-0.02	-0.00	-0.02	-0.01
Gross Margin	12.72%	-74.33%	-16.40%	-29.20%	8.63%
Operating Margin	-111.53%	-166.86%	-81.67%	-74.54%	-20.47%
Profit Margin	-236.89%	-268.43%	-102.30%	-41.48%	-11.52%
Free Cash Flow Margin	-	-60.60%	-7.32%	-21.89%	-5.55%
EBITDA	-31.65	-70.97	-30.06	-21.38	38.61
EBITDA Margin	-74.72%	-136.81%	-33.04%	-13.01%	12.05%
D&A For EBITDA	15.59	15.59	44.25	101.09	104.24
EBIT	-47.24	-86.55	-74.31	-122.47	-65.63
EBIT Margin	-111.53%	-166.86%	-81.67%	-74.54%	-20.47%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.