Perennial 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	395.74	328.58	303.53	324.52	373.47
Revenue Growth (YoY)	20.44%	8.25%	-6.47%	-13.11%	32.28%
Cost of Revenue	278.2	234.17	217.1	245.14	293.55
Gross Profit	117.54	94.41	86.43	79.39	79.92
Selling, General & Admin	66.94	67.78	63.35	61.61	67.12
Other Operating Expenses	7.22	-6.82	-3.43	-6.41	-6.21
Operating Expenses	75.87	60.99	59.88	55.19	60.18
Operating Income	41.67	33.42	26.55	24.2	19.74
Interest Expense	-	-0.01	-0.69	-1.96	-1.26
Interest & Investment Income	-	1.28	0.44	0.03	0.01
Currency Exchange Gain (Loss)	-	1.88	2.36	4.36	-0.38
EBT Excluding Unusual Items	41.67	36.58	28.67	26.62	18.12
Gain (Loss) on Sale of Investments	-	1.39	-0.08	-	-
Gain (Loss) on Sale of Assets	-	-0.3	-0.15	0.01	0.28
Asset Writedown	-	-8.08	-10.83	-6.12	-3.3
Pretax Income	41.67	29.6	17.61	20.51	15.1
Income Tax Expense	10.49	3.79	1.87	2	1.41
Net Income	31.19	25.8	15.75	18.51	13.69
Net Income to Common	31.19	25.8	15.75	18.51	13.69
Net Income Growth	20.86%	63.88%	-14.93%	35.22%	-
Shares Outstanding (Basic)	199	199	199	199	199
Shares Outstanding (Diluted)	199	199	199	199	199
Shares Change (YoY)	-0.16%	-	-	-	-
EPS (Basic)	0.16	0.13	0.08	0.09	0.07
EPS (Diluted)	0.16	0.13	0.08	0.09	0.07
EPS Growth	21.05%	63.88%	-14.93%	35.22%	-
Free Cash Flow	51.09	16.35	54.27	58.24	-32.31
Free Cash Flow Per Share	0.26	0.08	0.27	0.29	-0.16
Dividend Per Share	-	0.050	-	0.030	0.020
Dividend Growth	-	-	-	50.00%	-
Gross Margin	29.70%	28.73%	28.47%	24.46%	21.40%
Operating Margin	10.53%	10.17%	8.75%	7.46%	5.29%
Profit Margin	7.88%	7.85%	5.19%	5.70%	3.67%
Free Cash Flow Margin	12.91%	4.98%	17.88%	17.95%	-8.65%
EBITDA	49.3	41.05	35.08	34.69	36.15
EBITDA Margin	12.46%	12.49%	11.56%	10.69%	9.68%
D&A For EBITDA	7.63	7.63	8.53	10.5	16.41
EBIT	41.67	33.42	26.55	24.2	19.74
EBIT Margin	10.53%	10.17%	8.75%	7.46%	5.29%
Effective Tax Rate	25.16%	12.81%	10.60%	9.76%	9.32%

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