Giordano International 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	3,854	3,919	3,873	3,799	3,380
Revenue Growth (YoY)	-1.66%	1.19%	1.95%	12.40%	8.26%
Cost of Revenue	1,705	1,685	1,610	1,653	1,450
Gross Profit	2,149	2,234	2,263	2,146	1,930
Selling, General & Admin	1,957	1,904	1,827	1,791	1,781
Other Operating Expenses	-46	-45	-51	-46	-71
Operating Expenses	1,911	1,859	1,776	1,745	1,710
Operating Income	238	375	487	401	220
Interest Expense	-45	-46	-40	-25	-29
Interest & Investment Income	13	18	26	15	15
Earnings From Equity Investments	1	20	45	36	41
Currency Exchange Gain (Loss)	9	-11	-5	-8	-6
EBT Excluding Unusual Items	216	356	513	419	241
Gain (Loss) on Sale of Investments	-	-	-6	6	-
Gain (Loss) on Sale of Assets	47	-4	-1	-	-1
Asset Writedown	5	-4	-	-1	-3
Other Unusual Items	1	3	2	12	38
Pretax Income	269	351	508	436	275
Income Tax Expense	30	99	119	107	52
Earnings From Continuing Operations	239	252	389	329	223
Minority Interest in Earnings	-22	-36	-44	-61	-33
Net Income	217	216	345	268	190
Net Income to Common	217	216	345	268	190
Net Income Growth	0.46%	-37.39%	28.73%	41.05%	-
Shares Outstanding (Basic)	1,616	1,615	1,599	1,580	1,578
Shares Outstanding (Diluted)	1,618	1,621	1,612	1,589	1,585
Shares Change (YoY)	-0.20%	0.56%	1.45%	0.28%	0.43%
EPS (Basic)	0.13	0.13	0.22	0.17	0.12
EPS (Diluted)	0.13	0.13	0.21	0.17	0.12
EPS Growth	0.75%	-37.85%	26.63%	40.84%	-
Free Cash Flow	-	644	855	744	423
Free Cash Flow Per Share	-	0.40	0.53	0.47	0.27
Dividend Per Share	0.139	0.140	0.305	0.235	0.165
Dividend Growth	-0.71%	-54.10%	29.79%	42.42%	65.00%
Gross Margin	55.76%	57.00%	58.43%	56.49%	57.10%
Operating Margin	6.17%	9.57%	12.57%	10.55%	6.51%
Profit Margin	5.63%	5.51%	8.91%	7.05%	5.62%
Free Cash Flow Margin	-	16.43%	22.08%	19.58%	12.52%
EBITDA	300	437	540	448	272
EBITDA Margin	7.78%	11.15%	13.94%	11.79%	8.05%
D&A For EBITDA	62	62	53	47	52
EBIT	238	375	487	401	220
EBIT Margin	6.17%	9.57%	12.57%	10.55%	6.51%
Effective Tax Rate	11.15%	28.21%	23.43%	24.54%	18.91%

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