SJM Holdings 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	28,170	28,769	21,623	6,679	10,076
Revenue Growth (YoY)	-2.08%	33.05%	223.77%	-33.72%	34.23%
Cost of Revenue	12,217	12,269	9,119	3,083	4,522
Gross Profit	15,953	16,500	12,505	3,596	5,554
Selling, General & Admin	14,932	14,727	12,663	8,939	9,524
Other Operating Expenses	-	-	-	143.7	-
Operating Expenses	14,932	14,727	12,663	9,083	9,524
Operating Income	1,021	1,773	-158.4	-5,487	-3,971
Interest Expense	-1,655	-1,893	-1,930	-1,123	-343.3
Earnings From Equity Investments	8.3	15.1	-1.3	0.4	13.1
Other Non Operating Income (Expenses)	321.3	263.2	250.9	36.2	124
EBT Excluding Unusual Items	-304.1	158.8	-1,839	-6,573	-4,177
Merger & Restructuring Charges	-	-	-	-1,215	-
Pretax Income	-304.1	158.8	-1,839	-7,788	-4,177
Income Tax Expense	53.7	52.3	36.1	61.1	21.4
Earnings From Continuing Operations	-357.8	106.5	-1,875	-7,849	-4,198
Minority Interest in Earnings	-71.2	-103.3	-134.8	50.2	54.4
Net Income	-429	3.2	-2,010	-7,798	-4,144
Net Income to Common	-429	3.2	-2,010	-7,798	-4,144
Shares Outstanding (Basic)	7,103	7,102	7,102	6,362	5,681
Shares Outstanding (Diluted)	7,103	7,102	7,102	6,362	5,681
Shares Change (YoY)	0.01%	-	11.63%	11.99%	0.19%
EPS (Basic)	-0.06	0.00	-0.28	-1.23	-0.73
EPS (Diluted)	-0.06	0.00	-0.28	-1.23	-0.73
Free Cash Flow	-	2,320	2,107	-5,249	-5,986
Free Cash Flow Per Share	-	0.33	0.30	-0.82	-1.05
Gross Margin	56.63%	57.35%	57.83%	53.84%	55.12%
Operating Margin	3.62%	6.16%	-0.73%	-82.15%	-39.41%
Profit Margin	-1.52%	0.01%	-9.29%	-116.77%	-41.12%
Free Cash Flow Margin	-	8.06%	9.74%	-78.59%	-59.41%
EBITDA	2,779	3,531	1,569	-3,940	-3,112
EBITDA Margin	9.87%	12.27%	7.26%	-58.99%	-30.88%
D&A For EBITDA	1,758	1,758	1,728	1,547	858.7
EBIT	1,021	1,773	-158.4	-5,487	-3,971
EBIT Margin	3.62%	6.16%	-0.73%	-82.15%	-39.41%
Effective Tax Rate	-	32.93%	-	-	-
Revenue as Reported	28,170	28,769	21,623	6,679	10,076

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