Genesis Scale Holdings Limited (HKG:0439)

Genesis Scale Holdings 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
Revenue	62.99	75.51	83.14	52.52	113.97
Revenue Growth (YoY)	-16.58%	-9.17%	58.29%	-53.92%	14.57%
Cost of Revenue	46.61	54.77	68.46	41.7	72.24
Gross Profit	16.39	20.74	14.68	10.83	41.73
Selling, General & Admin	31.53	37.31	24.83	54.55	84.13
Research & Development	7.57	55.8	6.66	11.38	18.22
Other Operating Expenses	-2.59	1.13	-2.87	-5.09	-21.62
Operating Expenses	46.12	100.41	35.01	64.29	87.95
Operating Income	-29.73	-79.67	-20.34	-53.46	-46.22
Interest Expense	-0.53	-0.15	-0.13	-0.1	-0.21
Interest & Investment Income	7.34	19.84	2.42	11.22	2.7
Earnings From Equity Investments	-1.95	0.64	-	-	-
Currency Exchange Gain (Loss)	0.86	-0.77	-1.63	-4.36	8.6
EBT Excluding Unusual Items	-24.01	-60.12	-19.68	-46.7	-35.12
Gain (Loss) on Sale of Investments	0.46	-	-0.61	-19.47	-5.42
Gain (Loss) on Sale of Assets	3.34	15.79	13.09	-0.21	-0.07
Asset Writedown	-3.12	-0.01	-0.1	-1.54	-
Legal Settlements	-117.73	-	-	-	-
Pretax Income	-141.06	-44.34	-7.3	-67.91	-40.61
Income Tax Expense	0.16	3.08	-	-	-
Earnings From Continuing Operations	-141.22	-47.43	-7.3	-67.91	-40.61
Net Income to Company	-141.22	-47.43	-7.3	-67.91	-40.61
Net Income	-141.22	-47.43	-7.3	-67.91	-40.61
Net Income to Common	-141.22	-47.43	-7.3	-67.91	-40.61
Shares Outstanding (Basic)	616	616	616	616	616
Shares Outstanding (Diluted)	616	616	616	616	616
EPS (Basic)	-0.23	-0.08	-0.01	-0.11	-0.07
EPS (Diluted)	-0.23	-0.08	-0.01	-0.11	-0.07
Free Cash Flow	-	-125.6	-52.68	-92.82	83.29
Free Cash Flow Per Share	-	-0.20	-0.09	-0.15	0.14
Gross Margin	26.01%	27.47%	17.65%	20.61%	36.61%
Operating Margin	-47.20%	-105.50%	-24.46%	-101.79%	-40.55%
Profit Margin	-224.19%	-62.81%	-8.77%	-129.30%	-35.63%
Free Cash Flow Margin	-	-166.33%	-63.36%	-176.73%	73.08%
EBITDA	-24.96	-74.89	-15.46	-47.83	-38.48
EBITDA Margin	-39.62%	-99.17%	-18.60%	-91.07%	-33.76%
D&A For EBITDA	4.78	4.78	4.87	5.63	7.74
EBIT	-29.73	-79.67	-20.34	-53.46	-46.22
EBIT Margin	-47.20%	-105.50%	-24.46%	-101.79%	-40.55%

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