Huanxi Media Group 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	98.91	34.18	1,333	13.63	158.35	633.18
Revenue Growth (YoY)	80.75%	-97.44%	9678.39%	-91.39%	-74.99%	-22.25%
Cost of Revenue	231.27	219.32	426.53	106.25	219.44	651.5
Gross Profit	-132.36	-185.14	906.26	-92.62	-61.09	-18.33
Selling, General & Admin	105.63	205.98	457.58	128.89	165.15	251.99
Other Operating Expenses	-15.15	-13.91	-2.43	-1.95	-2.61	-20.89
Operating Expenses	99.58	201.16	448.13	130.84	160.71	239.28
Operating Income	-231.94	-386.3	458.13	-223.46	-221.8	-257.6
Interest Expense	-1.38	-0.56	-4.92	-5.91	-6.06	-8.78
Interest & Investment Income	1.79	2.52	4.14	3.84	8.45	3.69
Currency Exchange Gain (Loss)	-1.88	0.85	1.92	5.99	-1.06	0.24
EBT Excluding Unusual Items	-233.4	-383.5	459.26	-219.54	-220.47	-262.45
Gain (Loss) on Sale of Investments	-62.74	99.29	-256.52	-5.76	0.45	20.09
Gain (Loss) on Sale of Assets	-	-	0.32	1.45	-0	-
Other Unusual Items	12.23	12.23	9.03	0.58	-	2.2
Pretax Income	-283.9	-271.98	212.09	-223.27	-220.02	-240.16
Income Tax Expense	-9.9	-11.16	52.95	-1.46	15.54	-
Earnings From Continuing Operations	-274	-260.82	159.14	-221.81	-235.56	-240.16
Earnings From Discontinued Operations	-	-	-	-	-	3.77
Net Income	-274	-260.82	159.14	-221.81	-235.56	-236.39
Net Income to Common	-274	-260.82	159.14	-221.81	-235.56	-236.39
Shares Outstanding (Basic)	3,656	3,656	3,656	3,656	3,598	3,250
Shares Outstanding (Diluted)	3,656	3,656	3,656	3,656	3,598	3,250
Shares Change (YoY)	-	-	-	1.62%	10.73%	4.67%
EPS (Basic)	-0.07	-0.07	0.04	-0.06	-0.07	-0.07
EPS (Diluted)	-0.07	-0.07	0.04	-0.06	-0.07	-0.07
Free Cash Flow	-83.74	-189.74	362.94	-46.5	-469.68	-572.8
Free Cash Flow Per Share	-0.02	-0.05	0.10	-0.01	-0.13	-0.18
Gross Margin	-133.81%	-	68.00%	-	-38.58%	-2.89%
Operating Margin	-234.49%	-1130.20%	34.37%	-1639.46%	-140.07%	-40.68%
Profit Margin	-277.02%	-763.07%	11.94%	-1627.38%	-148.75%	-37.33%
Free Cash Flow Margin	-84.66%	-555.12%	27.23%	-341.17%	-296.61%	-90.46%
EBITDA	-231.56	-385.84	458.64	-222.81	-220.03	-255.42
EBITDA Margin	-234.11%	-	34.41%	-	-138.95%	-40.34%
D&A For EBITDA	0.37	0.46	0.51	0.65	1.77	2.18
EBIT	-231.94	-386.3	458.13	-223.46	-221.8	-257.6
EBIT Margin	-234.49%	-	34.37%	-	-140.07%	-40.68%
Effective Tax Rate	-	-	24.97%	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.