HKG:0432 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	1,046	695	822	561	467
Revenue Growth (YoY)	50.50%	-15.45%	46.52%	20.13%	-74.66%
Cost of Revenue	308	274	275	228	169
Gross Profit	738	421	547	333	298
Selling, General & Admin	640	568	665	662	653
Other Operating Expenses	-	-	-29	-1	13
Operating Expenses	640	568	636	661	666
Operating Income	98	-147	-89	-328	-368
Interest Expense	-288	-274	-323	-334	-325
Interest & Investment Income	4	5	21	14	7
Currency Exchange Gain (Loss)	-8	36	-9	-9	-47
Other Non Operating Income (Expenses)	-	2	-	-	-
EBT Excluding Unusual Items	-194	-378	-400	-657	-733
Gain (Loss) on Sale of Assets	-	-	-	113	-
Asset Writedown	-	126	-	-	-
Other Unusual Items	-	-	-	-	-50
Pretax Income	-194	-252	-400	-544	-783
Income Tax Expense	-13	-9	66	54	42
Earnings From Continuing Operations	-181	-243	-466	-598	-825
Earnings From Discontinued Operations	112	13	-	-	-
Net Income	-69	-230	-466	-598	-825
Net Income to Common	-69	-230	-466	-598	-825
Shares Outstanding (Basic)	2,038	2,038	2,038	2,038	1,944
Shares Outstanding (Diluted)	2,038	2,038	2,038	2,038	1,944
Shares Change (YoY)	-	-0.01%	-	4.83%	22.50%
EPS (Basic)	-0.03	-0.11	-0.23	-0.29	-0.42
EPS (Diluted)	-0.03	-0.11	-0.23	-0.29	-0.42
Free Cash Flow	85	-145	171	45	-654
Free Cash Flow Per Share	0.04	-0.07	0.08	0.02	-0.34
Gross Margin	70.55%	60.58%	66.55%	59.36%	63.81%
Operating Margin	9.37%	-21.15%	-10.83%	-58.47%	-78.80%
Profit Margin	-6.60%	-33.09%	-56.69%	-106.59%	-176.66%
Free Cash Flow Margin	8.13%	-20.86%	20.80%	8.02%	-140.04%
EBITDA	264	-	58	-154	-193
EBITDA Margin	25.24%	-	7.06%	-27.45%	-41.33%
D&A For EBITDA	166	147	147	174	175
EBIT	98	-147	-89	-328	-368
EBIT Margin	9.37%	-21.15%	-10.83%	-58.47%	-78.80%

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