HKG:0157 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	538.83	353.65	336.02	335.88	487.81
Revenue Growth (YoY)	52.36%	5.25%	0.04%	-31.14%	18.78%
Cost of Revenue	245.49	151.32	135.67	146.75	181.81
Gross Profit	293.34	202.33	200.35	189.13	306
Selling, General & Admin	272.15	251.39	208.17	207.82	265.23
Other Operating Expenses	-7.39	0.4	-4.17	-4.09	-1.38
Operating Expenses	265.98	251.66	199.93	208.45	259.87
Operating Income	27.36	-49.33	0.42	-19.32	46.13
Interest Expense	-10.47	-8.05	-8.13	-4.34	-1.82
Interest & Investment Income	1.98	0.85	1.51	1.65	2.05
Earnings From Equity Investments	-0.9	-	-	-	-
Currency Exchange Gain (Loss)	-	-	-	2.43	-
EBT Excluding Unusual Items	17.98	-56.53	-6.21	-19.58	46.36
Impairment of Goodwill	-	-24.81	-	-2.13	-
Gain (Loss) on Sale of Assets	0.19	0.01	0.1	-	-0.2
Asset Writedown	-6.36	-23.88	-5.76	-3.8	0.53
Other Unusual Items	-	-	-	1.97	1.77
Pretax Income	11.82	-105.21	-11.87	-23.55	48.46
Income Tax Expense	1.24	-1.59	3.24	6.92	13.2
Net Income	10.58	-103.62	-15.11	-30.47	35.26
Net Income to Common	10.58	-103.62	-15.11	-30.47	35.26
Net Income Growth	-	-	-	-	354.55%
Shares Outstanding (Basic)	2,002	2,002	2,002	2,002	2,002
Shares Outstanding (Diluted)	2,002	2,002	2,002	2,002	2,002
EPS (Basic)	0.01	-0.05	-0.01	-0.02	0.02
EPS (Diluted)	0.01	-0.05	-0.01	-0.02	0.02
EPS Growth	-	-	-	-	354.65%
Free Cash Flow	-83.76	-54.96	-47.39	-32.75	6.5
Free Cash Flow Per Share	-0.04	-0.03	-0.02	-0.02	0.00
Dividend Per Share	-	-	-	-	0.003
Gross Margin	54.44%	57.21%	59.62%	56.31%	62.73%
Operating Margin	5.08%	-13.95%	0.12%	-5.75%	9.46%
Profit Margin	1.96%	-29.30%	-4.50%	-9.07%	7.23%
Free Cash Flow Margin	-15.54%	-15.54%	-14.10%	-9.75%	1.33%
EBITDA	57.78	-23.02	21.4	4.61	72.04
EBITDA Margin	10.72%	-6.51%	6.37%	1.37%	14.77%
D&A For EBITDA	30.42	26.31	20.98	23.94	25.91
EBIT	27.36	-49.33	0.42	-19.32	46.13
EBIT Margin	5.08%	-13.95%	0.12%	-5.75%	9.46%
Effective Tax Rate	10.45%	-	-	-	27.23%
Advertising Expenses	22.58	32.53	39.22	13.29	45.13

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