Renaissance Asia Silk Road Group Limited (HKG:0274)

HKG:0274 Income Statement

Financials in millions HKD. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	299.32	347.27	207.44	116.81	57.15
Revenue Growth (YoY)	-13.81%	67.41%	77.58%	104.38%	28.27%
Cost of Revenue	274.6	323.68	137.34	66.53	30.3
Gross Profit	24.72	23.59	70.09	50.28	26.85
Selling, General & Admin	55.36	54.78	48.54	44.07	33.68
Other Operating Expenses	-3.59	-18.02	0.81	7.34	5.43
Operating Expenses	55.83	36.76	55.04	73.62	84.45
Operating Income	-31.11	-13.18	15.05	-23.35	-57.59
Interest Expense	-32.99	-37.07	-51.22	-53.37	-43.82
Interest & Investment Income	1.08	-	0.02	0.02	0.01
EBT Excluding Unusual Items	-63.02	-50.25	-36.15	-76.7	-101.4
Gain (Loss) on Sale of Investments	-3.38	-4.23	-	-	-
Asset Writedown	-20.13	-	-24.39	-51.34	-69.16
Other Unusual Items	12.09	-	-	18.46	1.03
Pretax Income	-74.45	-54.47	-60.54	-109.58	-169.53
Income Tax Expense	-1.3	-	1.61	-4.84	-6.26
Earnings From Continuing Operations	-73.15	-54.47	-62.15	-104.74	-163.27
Earnings From Discontinued Operations	-	-	0.26	3.76	-
Net Income to Company	-73.15	-54.47	-61.89	-100.99	-163.27
Minority Interest in Earnings	30.73	20.54	23.32	45.61	54.71
Net Income	-42.41	-33.93	-38.57	-55.38	-108.57
Net Income to Common	-42.41	-33.93	-38.57	-55.38	-108.57
Shares Outstanding (Basic)	37	36	30	28	22
Shares Outstanding (Diluted)	37	36	30	28	22
Shares Change (YoY)	3.58%	18.24%	9.99%	27.32%	20.75%
EPS (Basic)	-1.14	-0.95	-1.27	-2.01	-5.02
EPS (Diluted)	-1.14	-0.95	-1.28	-2.01	-5.02
Free Cash Flow	-95.34	-88.74	23.58	56.45	-38.88
Free Cash Flow Per Share	-2.57	-2.48	0.78	2.05	-1.80
Gross Margin	8.26%	6.79%	33.79%	43.04%	46.99%
Operating Margin	-10.39%	-3.79%	7.26%	-19.99%	-100.77%
Profit Margin	-14.17%	-9.77%	-18.59%	-47.41%	-189.96%
Free Cash Flow Margin	-31.85%	-25.55%	11.37%	48.33%	-68.03%
EBITDA	-4.75	13.79	41.36	15.11	-0.04
EBITDA Margin	-1.59%	3.97%	19.94%	12.94%	-0.07%
D&A For EBITDA	26.37	26.97	26.31	38.46	57.55
EBIT	-31.11	-13.18	15.05	-23.35	-57.59
EBIT Margin	-10.39%	-3.79%	7.26%	-19.99%	-100.77%

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