HKG:1255 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	99.8	129.68	207.54	144.61	160.93
Revenue Growth (YoY)	-23.04%	-37.52%	43.52%	-10.14%	3.58%
Cost of Revenue	19.54	39.51	56.78	30.66	56.21
Gross Profit	80.26	90.17	150.76	113.94	104.72
Selling, General & Admin	103.12	125.08	180.97	145.63	162.92
Operating Expenses	103.46	124.13	182.3	145.61	162.92
Operating Income	-23.19	-33.96	-31.54	-31.67	-58.2
Interest Expense	-2.77	-4.21	-1.66	-2.49	-2.76
Interest & Investment Income	0.29	2.92	2.45	1.45	1.19
Earnings From Equity Investments	-	-	-0.21	-0.4	-0.57
Currency Exchange Gain (Loss)	0.02	0.01	-0.03	-0.01	-0.47
Other Non Operating Income (Expenses)	3.85	0.5	2	3.8	-4.22
EBT Excluding Unusual Items	-21.81	-34.73	-28.99	-29.33	-65.04
Gain (Loss) on Sale of Investments	-	-	0.21	-	-1.51
Gain (Loss) on Sale of Assets	40.1	-5.55	-0.08	32.96	0.35
Asset Writedown	-4.31	-12.02	-7.02	-0.6	-2.66
Other Unusual Items	-	-15.72	0.46	-0.53	-0.29
Pretax Income	13.99	-68.03	-35.42	2.5	-69.14
Income Tax Expense	0.64	0.31	0.63	0.9	1.31
Earnings From Continuing Operations	13.35	-68.34	-36.05	1.6	-70.45
Minority Interest in Earnings	-	-	3.75	6.45	9.69
Net Income	13.35	-68.34	-32.29	8.05	-60.76
Net Income to Common	13.35	-68.34	-32.29	8.05	-60.76
Shares Outstanding (Basic)	243	243	243	243	232
Shares Outstanding (Diluted)	243	243	243	243	232
Shares Change (YoY)	-	-	-	4.67%	8.42%
EPS (Basic)	0.05	-0.28	-0.13	0.03	-0.26
EPS (Diluted)	0.05	-0.28	-0.13	0.03	-0.26
Free Cash Flow	-20.79	-3.56	33.8	12.12	-5.98
Free Cash Flow Per Share	-0.09	-0.01	0.14	0.05	-0.03
Gross Margin	80.43%	69.53%	72.64%	78.80%	65.07%
Operating Margin	-23.24%	-26.19%	-15.20%	-21.90%	-36.17%
Profit Margin	13.38%	-52.70%	-15.56%	5.56%	-37.76%
Free Cash Flow Margin	-20.84%	-2.74%	16.28%	8.38%	-3.71%
EBITDA	-20.55	-31.56	-30.37	-30.56	-56.79
EBITDA Margin	-20.59%	-24.34%	-14.63%	-21.13%	-35.29%
D&A For EBITDA	2.64	2.4	1.17	1.11	1.41
EBIT	-23.19	-33.96	-31.54	-31.67	-58.2
EBIT Margin	-23.24%	-26.19%	-15.20%	-21.90%	-36.17%
Effective Tax Rate	4.55%	-	-	35.96%	-

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