Kader Holdings Company Limited (HKG:0180)

Kader Holdings Company 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
Operating Revenue	351.16	343.71	372.54	351.97	397.33
Other Revenue	16.67	8.34	13.39	3.1	8.33
Revenue	367.83	352.05	385.93	355.06	405.66
Revenue Growth (YoY)	4.48%	-8.78%	8.69%	-12.47%	4.22%
Cost of Revenue	112.87	61.67	60.27	41.84	72.32
Gross Profit	254.97	290.38	325.67	313.22	333.34
Selling, General & Admin	148.58	159.25	171.15	179.19	173.43
Other Operating Expenses	91.4	91.69	98.11	103.45	101.97
Operating Expenses	280.04	293.59	310.3	322.17	313.35
Operating Income	-25.08	-3.21	15.37	-8.95	19.99
Interest Expense	-31.38	-39.73	-35.2	-13.87	-7.08
Earnings From Equity Investments	-38.16	-19.36	-15.89	-14.58	-1.2
Currency Exchange Gain (Loss)	16.68	-10.59	8.16	-14.04	-1.64
EBT Excluding Unusual Items	-77.94	-72.89	-27.56	-51.43	10.07
Gain (Loss) on Sale of Assets	0.01	-0	0.07	0.01	-0.69
Asset Writedown	-109.99	-112.37	-57.64	-40.79	44.19
Other Unusual Items	-	-3.97	-1.13	1.04	0.5
Pretax Income	-187.93	-189.23	-86.26	-91.17	54.06
Income Tax Expense	1.07	-2.93	-12.82	-6.2	7.14
Earnings From Continuing Operations	-189	-186.3	-73.44	-84.97	46.93
Minority Interest in Earnings	-0.6	-0.4	-1.2	-1.42	-0.99
Net Income	-189.59	-186.7	-74.63	-86.38	45.94
Net Income to Common	-189.59	-186.7	-74.63	-86.38	45.94
Shares Outstanding (Basic)	951	951	951	951	951
Shares Outstanding (Diluted)	951	951	951	951	951
EPS (Basic)	-0.20	-0.20	-0.08	-0.09	0.05
EPS (Diluted)	-0.20	-0.20	-0.08	-0.09	0.05
Free Cash Flow	-	13.86	-13.96	-55.18	-13.57
Free Cash Flow Per Share	-	0.01	-0.01	-0.06	-0.01
Gross Margin	69.32%	82.48%	84.38%	88.22%	82.17%
Operating Margin	-6.82%	-0.91%	3.98%	-2.52%	4.93%
Profit Margin	-51.54%	-53.03%	-19.34%	-24.33%	11.33%
Free Cash Flow Margin	-	3.94%	-3.62%	-15.54%	-3.35%
EBITDA	7.61	29.48	46.53	20.17	46.6
EBITDA Margin	2.07%	8.37%	12.06%	5.68%	11.49%
D&A For EBITDA	32.69	32.69	31.17	29.12	26.61
EBIT	-25.08	-3.21	15.37	-8.95	19.99
EBIT Margin	-6.82%	-0.91%	3.98%	-2.52%	4.93%
Effective Tax Rate	-	-	-	-	13.20%
Advertising Expenses	7.5	8.29	7.77	8.36	7.56

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