Founder Holdings 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	907.16	924.85	982.03	957.58	1,074
Revenue Growth (YoY)	-1.91%	-5.82%	2.55%	-10.83%	14.66%
Cost of Revenue	458.05	472.41	498.48	469.2	566.18
Gross Profit	449.12	452.45	483.55	488.38	507.66
Selling, General & Admin	276.84	273.16	285.42	319.66	338.11
Other Operating Expenses	187.44	169.39	184.94	56	200.52
Operating Expenses	464.28	442.55	470.37	375.66	538.63
Operating Income	-15.16	9.9	13.19	112.72	-30.96
Interest Expense	-0.08	-0.12	-0.16	-0.32	-0.17
Interest & Investment Income	-	12.45	13.62	8.63	7.3
Earnings From Equity Investments	0.09	0.17	-0.26	-0.32	0.01
Currency Exchange Gain (Loss)	-	-	-	-	4.37
Other Non Operating Income (Expenses)	48.75	4.72	7.15	6.2	5.11
EBT Excluding Unusual Items	33.6	27.12	33.54	126.91	-14.35
Gain (Loss) on Sale of Investments	-0.85	0.37	-0.13	-	1.43
Gain (Loss) on Sale of Assets	-	0.09	0.08	0.1	0.05
Asset Writedown	-	-20.67	-10.13	-11.54	3.81
Other Unusual Items	-	39.36	34.68	38.76	52.25
Pretax Income	32.75	46.27	58.05	154.23	43.2
Income Tax Expense	2.6	-1.58	-1.71	119.47	-0.29
Earnings From Continuing Operations	30.16	47.86	59.76	34.75	43.48
Minority Interest in Earnings	-0.35	-	-	-	-
Net Income	29.81	47.86	59.76	34.75	43.48
Net Income to Common	29.81	47.86	59.76	34.75	43.48
Net Income Growth	-37.71%	-19.91%	71.95%	-20.08%	-19.32%
Shares Outstanding (Basic)	1,146	1,200	1,200	1,200	1,200
Shares Outstanding (Diluted)	1,146	1,200	1,200	1,200	1,200
Shares Change (YoY)	-4.44%	-	-	-	-
EPS (Basic)	0.03	0.04	0.05	0.03	0.04
EPS (Diluted)	0.03	0.04	0.05	0.03	0.04
EPS Growth	-34.82%	-19.91%	71.96%	-20.08%	-19.32%
Free Cash Flow	-	66.43	28.95	41.81	37.91
Free Cash Flow Per Share	-	0.06	0.02	0.04	0.03
Gross Margin	49.51%	48.92%	49.24%	51.00%	47.28%
Operating Margin	-1.67%	1.07%	1.34%	11.77%	-2.88%
Profit Margin	3.29%	5.17%	6.08%	3.63%	4.05%
Free Cash Flow Margin	-	7.18%	2.95%	4.37%	3.53%
EBITDA	-2.38	22.68	29.74	131.87	-10.78
EBITDA Margin	-0.26%	2.45%	3.03%	13.77%	-1.00%
D&A For EBITDA	12.79	12.79	16.55	19.15	20.19
EBIT	-15.16	9.9	13.19	112.72	-30.96
EBIT Margin	-1.67%	1.07%	1.34%	11.77%	-2.88%
Effective Tax Rate	7.93%	-	-	77.47%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.