HKG:0994 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	501.86	558.06	345.85	213.38	207.14	250.89
Revenue Growth (YoY)	50.20%	61.36%	62.08%	3.01%	-17.44%	1.62%
Cost of Revenue	478.84	518.14	325.11	198.29	182.98	281.26
Gross Profit	23.02	39.92	20.74	15.09	24.16	-30.37
Selling, General & Admin	28.67	57.09	37.55	51.34	64.75	58.01
Other Operating Expenses	-0.43	-1.09	-0.48	-1.43	-1.48	-6.12
Operating Expenses	34.31	62.07	40.6	53.8	63.8	20.35
Operating Income	-11.3	-22.16	-19.87	-38.71	-39.63	-50.72
Interest Expense	-0.25	-0.3	-0.97	-1.36	-1.22	-5.22
Interest & Investment Income	0.17	0.21	0.07	-	-	0.03
Currency Exchange Gain (Loss)	-	-	-	-0	-	-0
EBT Excluding Unusual Items	-11.38	-22.24	-20.76	-40.07	-40.86	-55.92
Gain (Loss) on Sale of Investments	-	-	-	-	-	-0.79
Gain (Loss) on Sale of Assets	-	-	-	-	-	1.65
Pretax Income	-11.38	-22.24	-20.76	-40.07	-40.86	-55.06
Income Tax Expense	6.49	4.26	1.89	1.43	1.45	1.1
Earnings From Continuing Operations	-17.86	-26.51	-22.65	-41.5	-42.31	-56.16
Earnings From Discontinued Operations	-	-	-	-49.49	-60.74	-
Net Income to Company	-17.86	-26.51	-22.65	-90.98	-103.05	-56.16
Minority Interest in Earnings	-1.8	2.7	1.05	3.53	2.22	0.71
Net Income	-19.66	-23.81	-21.6	-87.45	-100.83	-55.46
Net Income to Common	-19.66	-23.81	-21.6	-87.45	-100.83	-55.46
Shares Outstanding (Basic)	928	920	763	761	761	664
Shares Outstanding (Diluted)	928	920	763	761	761	664
Shares Change (YoY)	10.68%	20.48%	0.32%	-	14.59%	8.49%
EPS (Basic)	-0.02	-0.03	-0.03	-0.11	-0.13	-0.08
EPS (Diluted)	-0.02	-0.03	-0.03	-0.11	-0.13	-0.08
Free Cash Flow	-48.29	-20.53	0.27	8.79	15.96	-85.63
Free Cash Flow Per Share	-0.05	-0.02	-	0.01	0.02	-0.13
Gross Margin	4.59%	7.15%	6.00%	7.07%	11.67%	-12.11%
Operating Margin	-2.25%	-3.97%	-5.74%	-18.14%	-19.13%	-20.22%
Profit Margin	-3.92%	-4.27%	-6.25%	-40.98%	-48.68%	-22.11%
Free Cash Flow Margin	-9.62%	-3.68%	0.08%	4.12%	7.71%	-34.13%
EBITDA	-11.21	-21.97	-19.53	-38.23	-39.07	-50.11
EBITDA Margin	-2.23%	-3.94%	-5.65%	-17.91%	-18.86%	-19.97%
D&A For EBITDA	0.09	0.19	0.34	0.48	0.57	0.62
EBIT	-11.3	-22.16	-19.87	-38.71	-39.63	-50.72
EBIT Margin	-2.25%	-3.97%	-5.74%	-18.14%	-19.13%	-20.22%

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