HKG:0994 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	184.06	558.06	345.85	213.38	207.14
Revenue Growth (YoY)	-67.02%	61.36%	62.08%	3.01%	-17.44%
Cost of Revenue	171.58	518.14	325.11	198.29	182.98
Gross Profit	12.47	39.92	20.74	15.09	24.16
Selling, General & Admin	29.41	57.09	37.55	51.34	64.75
Other Operating Expenses	-0.83	-1.09	-0.48	-1.43	-1.48
Operating Expenses	52.72	62.07	40.6	53.8	63.8
Operating Income	-40.25	-22.16	-19.87	-38.71	-39.63
Interest Expense	-0.29	-0.3	-0.97	-1.36	-1.22
Interest & Investment Income	2.04	0.21	0.07	-	-
Currency Exchange Gain (Loss)	-	-	-	-0	-
EBT Excluding Unusual Items	-38.51	-22.24	-20.76	-40.07	-40.86
Other Unusual Items	0.41	-	-	-	-
Pretax Income	-38.1	-22.24	-20.76	-40.07	-40.86
Income Tax Expense	-5.26	4.26	1.89	1.43	1.45
Earnings From Continuing Operations	-32.84	-26.51	-22.65	-41.5	-42.31
Earnings From Discontinued Operations	-	-	-	-49.49	-60.74
Net Income to Company	-32.84	-26.51	-22.65	-90.98	-103.05
Minority Interest in Earnings	-0.01	2.7	1.05	3.53	2.22
Net Income	-32.85	-23.81	-21.6	-87.45	-100.83
Net Income to Common	-32.85	-23.81	-21.6	-87.45	-100.83
Shares Outstanding (Basic)	964	920	763	761	761
Shares Outstanding (Diluted)	964	920	763	761	761
Shares Change (YoY)	4.80%	20.48%	0.32%	-	14.59%
EPS (Basic)	-0.03	-0.03	-0.03	-0.11	-0.13
EPS (Diluted)	-0.03	-0.03	-0.03	-0.11	-0.13
Free Cash Flow	-	-20.53	0.27	8.79	15.96
Free Cash Flow Per Share	-	-0.02	-	0.01	0.02
Gross Margin	6.78%	7.15%	6.00%	7.07%	11.67%
Operating Margin	-21.87%	-3.97%	-5.74%	-18.14%	-19.13%
Profit Margin	-17.85%	-4.27%	-6.25%	-40.98%	-48.68%
Free Cash Flow Margin	-	-3.68%	0.08%	4.12%	7.71%
EBITDA	-40.06	-21.97	-19.53	-38.23	-39.07
EBITDA Margin	-21.77%	-3.94%	-5.65%	-17.91%	-18.86%
D&A For EBITDA	0.19	0.19	0.34	0.48	0.57
EBIT	-40.25	-22.16	-19.87	-38.71	-39.63
EBIT Margin	-21.87%	-3.97%	-5.74%	-18.14%	-19.13%

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