HKG:0875 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	3,537	1,253	1,439	999.36	522.63
Revenue Growth (YoY)	182.25%	-12.95%	44.03%	91.22%	59.00%
Cost of Revenue	3,486	1,207	1,394	951.59	484.73
Gross Profit	50.94	45.82	45.6	47.77	37.9
Selling, General & Admin	33.08	44.97	55.01	71.33	37.4
Operating Expenses	130.17	98.36	48.33	103.49	35.94
Operating Income	-79.23	-52.55	-2.73	-55.73	1.96
Interest Expense	-16.76	-18.41	-19.1	-13.39	-10.69
Interest & Investment Income	0	0.03	11.86	2.55	0.13
Other Non Operating Income (Expenses)	-239.35	-45.01	-4.12	9.19	2.76
EBT Excluding Unusual Items	-335.34	-115.94	-14.09	-57.38	-5.84
Impairment of Goodwill	-	-1.46	-	-	-
Gain (Loss) on Sale of Assets	0.09	0.11	69.65	0.27	-
Asset Writedown	-14.3	-7.61	-	-	-
Legal Settlements	-30.06	-	-	-	-
Other Unusual Items	0.1	4.48	-	3.84	-
Pretax Income	-379.51	-120.42	55.55	-53.27	-5.84
Income Tax Expense	10.78	8.33	4.15	6.81	-
Earnings From Continuing Operations	-390.3	-128.74	51.4	-60.07	-5.84
Earnings From Discontinued Operations	-	-	-	100.14	36.46
Net Income to Company	-390.3	-128.74	51.4	40.07	30.62
Minority Interest in Earnings	-17.69	4.36	-4.11	0.97	5.09
Net Income	-407.99	-124.38	47.29	41.04	35.71
Net Income to Common	-407.99	-124.38	47.29	41.04	35.71
Net Income Growth	-	-	15.25%	14.91%	-
Shares Outstanding (Basic)	462	379	379	379	349
Shares Outstanding (Diluted)	462	379	387	390	352
Shares Change (YoY)	21.82%	-1.91%	-0.76%	10.83%	47.85%
EPS (Basic)	-0.88	-0.33	0.12	0.11	0.10
EPS (Diluted)	-0.88	-0.33	0.12	0.11	0.10
EPS Growth	-	-	13.03%	5.75%	-
Free Cash Flow	-	-14.7	-176.78	-67.31	-63.06
Free Cash Flow Per Share	-	-0.04	-0.46	-0.17	-0.18
Gross Margin	1.44%	3.66%	3.17%	4.78%	7.25%
Operating Margin	-2.24%	-4.19%	-0.19%	-5.58%	0.38%
Profit Margin	-11.54%	-9.93%	3.29%	4.11%	6.83%
Free Cash Flow Margin	-	-1.17%	-12.28%	-6.73%	-12.07%
EBITDA	-72.39	-45.71	6.42	-46.25	9.56
EBITDA Margin	-2.05%	-3.65%	0.45%	-4.63%	1.83%
D&A For EBITDA	6.83	6.83	9.15	9.47	7.6
EBIT	-79.23	-52.55	-2.73	-55.73	1.96
EBIT Margin	-2.24%	-4.19%	-0.19%	-5.58%	0.38%
Effective Tax Rate	-	-	7.48%	-	-

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