HKG:1204 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	733.92	648.01	717.6	580.83	534.3
Revenue Growth (YoY)	13.26%	-9.70%	23.55%	8.71%	12.41%
Cost of Revenue	589.91	523.22	601.95	480.48	422.19
Gross Profit	144.01	124.8	115.65	100.35	112.11
Selling, General & Admin	122.37	122.29	104.17	83.18	80.34
Research & Development	19.59	18.39	10.04	6.69	-
Other Operating Expenses	-	-	-	-	0.07
Operating Expenses	141.95	140.57	114.56	88.93	80.41
Operating Income	2.06	-15.77	1.09	11.42	31.7
Interest Expense	-1.87	-1.56	-0.81	-2.23	-2.47
Interest & Investment Income	-	2.74	2.25	1.26	0.77
Earnings From Equity Investments	-0.03	-	-	-	-
Currency Exchange Gain (Loss)	-	1.63	-0.89	0.38	0.03
Other Non Operating Income (Expenses)	14.2	14.69	5.81	-4.16	-0.02
EBT Excluding Unusual Items	14.36	1.73	7.45	6.68	30
Asset Writedown	-4.94	-0.13	-	-	-
Pretax Income	9.42	1.61	7.45	6.68	30
Income Tax Expense	1.28	0.66	2.94	3.43	6
Earnings From Continuing Operations	8.14	0.95	4.5	3.25	24
Minority Interest in Earnings	-	-	-	0	-
Net Income	8.14	0.95	4.5	3.25	24
Net Income to Common	8.14	0.95	4.5	3.25	24
Net Income Growth	755.15%	-78.85%	38.44%	-86.45%	-19.61%
Shares Outstanding (Basic)	499	500	500	418	345
Shares Outstanding (Diluted)	499	500	500	418	349
Shares Change (YoY)	-0.11%	-	19.67%	19.78%	3.64%
EPS (Basic)	0.02	0.00	0.01	0.01	0.07
EPS (Diluted)	0.02	0.00	0.01	0.01	0.07
EPS Growth	756.09%	-78.85%	15.69%	-88.69%	-22.44%
Free Cash Flow	-	22.57	-79.39	56.98	-53.92
Free Cash Flow Per Share	-	0.04	-0.16	0.14	-0.15
Gross Margin	19.62%	19.26%	16.12%	17.28%	20.98%
Operating Margin	0.28%	-2.43%	0.15%	1.97%	5.93%
Profit Margin	1.11%	0.15%	0.63%	0.56%	4.49%
Free Cash Flow Margin	-	3.48%	-11.06%	9.81%	-10.09%
EBITDA	9.36	-8.47	6.95	15.75	35.76
EBITDA Margin	1.28%	-1.31%	0.97%	2.71%	6.69%
D&A For EBITDA	7.31	7.31	5.86	4.33	4.06
EBIT	2.06	-15.77	1.09	11.42	31.7
EBIT Margin	0.28%	-2.43%	0.15%	1.97%	5.93%
Effective Tax Rate	13.60%	40.83%	39.54%	51.35%	19.99%

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