Tesson Holdings 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	30.65	66.71	129.16	94.4	159.84
Revenue Growth (YoY)	-54.06%	-48.35%	36.82%	-40.94%	-79.05%
Cost of Revenue	29.91	69.66	126.97	86.38	148.41
Gross Profit	0.74	-2.95	2.19	8.02	11.43
Selling, General & Admin	51.5	133.72	122.29	132.47	151.7
Other Operating Expenses	1.23	4.86	-15.41	-6.55	-11.47
Operating Expenses	52.73	138.58	106.88	125.93	179.01
Operating Income	-51.99	-141.53	-104.68	-117.91	-167.59
Interest Expense	-1.9	-2.91	-4.78	-6.77	-7.94
Interest & Investment Income	0.02	0.1	0.33	-	0.57
Other Non Operating Income (Expenses)	-	-	-	-	-7.62
EBT Excluding Unusual Items	-53.87	-144.34	-109.13	-124.68	-182.57
Gain (Loss) on Sale of Investments	-	-	-	-	-10.18
Gain (Loss) on Sale of Assets	-	-	8.11	-	-
Asset Writedown	-	-19.25	-	-	-
Other Unusual Items	-	-	-	-	-84
Pretax Income	-53.87	-163.59	-101.01	-124.68	-276.74
Income Tax Expense	-2.22	-	-	-	-7.6
Earnings From Continuing Operations	-51.65	-163.59	-101.01	-124.68	-269.15
Earnings From Discontinued Operations	-	-	-	-96.81	-134.13
Net Income to Company	-51.65	-163.59	-101.01	-221.49	-403.28
Minority Interest in Earnings	25.64	20.69	11.29	25.43	76.33
Net Income	-26.01	-142.89	-89.73	-196.06	-326.94
Net Income to Common	-26.01	-142.89	-89.73	-196.06	-326.94
Shares Outstanding (Basic)	233	205	148	126	121
Shares Outstanding (Diluted)	233	205	148	126	121
Shares Change (YoY)	13.45%	38.51%	17.59%	3.87%	1.51%
EPS (Basic)	-0.11	-0.70	-0.60	-1.55	-2.69
EPS (Diluted)	-0.11	-0.70	-0.60	-1.55	-2.69
Free Cash Flow	-	-39.57	-6.82	13.56	-49.01
Free Cash Flow Per Share	-	-0.19	-0.05	0.11	-0.40
Gross Margin	2.42%	-4.42%	1.70%	8.49%	7.15%
Operating Margin	-169.63%	-212.14%	-81.05%	-124.91%	-104.85%
Profit Margin	-84.88%	-214.19%	-69.47%	-207.69%	-204.55%
Free Cash Flow Margin	-	-59.31%	-5.28%	14.36%	-30.66%
EBITDA	14.81	-74.73	-40.01	-59.37	-98.27
EBITDA Margin	48.32%	-112.01%	-30.98%	-62.89%	-61.48%
D&A For EBITDA	66.8	66.8	64.67	58.54	69.32
EBIT	-51.99	-141.53	-104.68	-117.91	-167.59
EBIT Margin	-169.63%	-212.14%	-81.05%	-124.91%	-104.85%

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