PINE Technology Holdings Limited (HKG:1079)

PINE Technology Holdings Income Statement

Financials in millions HKD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	303.43	234.83	46.99	51.78	94.89
Revenue Growth (YoY)	29.21%	399.72%	-9.24%	-45.44%	-88.81%
Cost of Revenue	298.46	232.01	48.26	47.32	60.78
Gross Profit	4.97	2.83	-1.27	4.46	34.11
Selling, General & Admin	19.05	14.82	32.59	35.15	58.8
Other Operating Expenses	-0.05	-0.03	-0.42	-0.73	-3.42
Operating Expenses	19	14.79	32.17	34.42	55.38
Operating Income	-14.03	-11.96	-33.44	-29.97	-21.27
Interest Expense	-0.05	-0.11	-0.2	-0.74	-1.26
Interest & Investment Income	-	-	0.05	0.02	0.08
Currency Exchange Gain (Loss)	-0.25	0.27	-6.1	-1.58	6.51
EBT Excluding Unusual Items	-14.33	-11.79	-39.69	-32.27	-15.94
Impairment of Goodwill	-	-	-18.29	-43.99	-
Gain (Loss) on Sale of Assets	-	57.41	-1.18	-	1.06
Asset Writedown	-1.64	-	-58.62	-	-
Other Unusual Items	-	-	-	-	-1.62
Pretax Income	-15.97	45.62	-117.79	-76.26	-16.5
Income Tax Expense	0.59	0.6	-10.3	-1.51	-0.26
Earnings From Continuing Operations	-16.56	45.02	-107.49	-74.75	-16.24
Earnings From Discontinued Operations	-	-	-0.1	8.89	-
Net Income to Company	-16.56	45.02	-107.59	-65.86	-16.24
Minority Interest in Earnings	-0.57	0.62	4.36	1.74	-3.36
Net Income	-17.13	45.64	-103.23	-64.12	-19.6
Net Income to Common	-17.13	45.64	-103.23	-64.12	-19.6
Shares Outstanding (Basic)	1,327	1,327	1,327	1,327	1,327
Shares Outstanding (Diluted)	1,327	1,327	1,327	1,327	1,327
EPS (Basic)	-0.01	0.03	-0.08	-0.05	-0.01
EPS (Diluted)	-0.01	0.03	-0.08	-0.05	-0.01
Free Cash Flow	-14.89	-9.95	-5.52	83.74	5.02
Free Cash Flow Per Share	-0.01	-0.01	-0.00	0.06	0.00
Gross Margin	1.64%	1.20%	-2.70%	8.60%	35.94%
Operating Margin	-4.63%	-5.09%	-71.15%	-57.87%	-22.42%
Profit Margin	-5.64%	19.44%	-219.66%	-123.84%	-20.66%
Free Cash Flow Margin	-4.91%	-4.24%	-11.74%	161.74%	5.29%
EBITDA	-13.67	-11.82	-21.24	-17.06	-8.42
EBITDA Margin	-4.51%	-5.03%	-45.19%	-32.95%	-8.87%
D&A For EBITDA	0.36	0.14	12.2	12.9	12.85
EBIT	-14.03	-11.96	-33.44	-29.97	-21.27
EBIT Margin	-4.63%	-5.09%	-71.15%	-57.87%	-22.42%
Effective Tax Rate	-	1.32%	-	-	-

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