HKG:1159 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	21.91	40.37	80.34	60.25	199.4
Revenue Growth (YoY)	-45.73%	-49.75%	33.34%	-69.79%	317.50%
Cost of Revenue	245.56	-	72.28	53.51	447.9
Gross Profit	-223.65	40.37	8.06	6.74	-248.49
Selling, General & Admin	24	22.79	34.44	41.63	52.79
Other Operating Expenses	-	-	-	-	0.07
Operating Expenses	24.15	18.61	37.42	85.15	106.87
Operating Income	-247.8	21.76	-29.36	-78.41	-355.37
Interest Expense	-20.46	-26.74	-22.12	-26.37	-14.99
Interest & Investment Income	-	0.13	0.01	-	0.05
Currency Exchange Gain (Loss)	-	-	1.09	1.61	-
Other Non Operating Income (Expenses)	158.1	-35.41	-1.52	-16.83	59.96
EBT Excluding Unusual Items	-110.17	-40.26	-51.91	-120	-310.34
Gain (Loss) on Sale of Investments	-11.26	-	-0.9	-11.74	-80.22
Gain (Loss) on Sale of Assets	324.74	4.72	0.5	-	-26.81
Other Unusual Items	-	9.49	2.53	-	2.5
Pretax Income	203.31	-26.05	-49.78	-131.74	-414.86
Income Tax Expense	0.46	2.33	-3.91	3.46	-15.55
Earnings From Continuing Operations	202.85	-28.38	-45.87	-135.2	-399.31
Net Income to Company	202.85	-28.38	-45.87	-135.2	-399.31
Minority Interest in Earnings	-	-	0.15	-0.67	0.05
Net Income	202.85	-28.38	-45.72	-135.87	-399.26
Net Income to Common	202.85	-28.38	-45.72	-135.87	-399.26
Shares Outstanding (Basic)	120	98	82	82	82
Shares Outstanding (Diluted)	120	98	82	82	82
Shares Change (YoY)	22.55%	19.29%	-	-	-
EPS (Basic)	1.68	-0.29	-0.56	-1.65	-4.85
EPS (Diluted)	1.68	-0.29	-0.56	-1.65	-4.85
Free Cash Flow	-	39.73	-9.09	-65.62	123.89
Free Cash Flow Per Share	-	0.40	-0.11	-0.80	1.50
Gross Margin	-	100.00%	10.03%	11.18%	-124.62%
Operating Margin	-1131.03%	53.91%	-36.55%	-130.15%	-178.21%
Profit Margin	925.88%	-70.31%	-56.91%	-225.52%	-200.23%
Free Cash Flow Margin	-	98.43%	-11.31%	-108.92%	62.13%
EBITDA	-246.13	23.43	-28.83	-77.55	-354.53
EBITDA Margin	-	58.05%	-35.89%	-128.73%	-177.79%
D&A For EBITDA	1.67	1.67	0.53	0.86	0.84
EBIT	-247.8	21.76	-29.36	-78.41	-355.37
EBIT Margin	-	53.91%	-36.55%	-130.15%	-178.21%
Effective Tax Rate	0.23%	-	-	-	-

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