HKG:1355 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	51.31	40.68	67.66	63	70.56
Revenue Growth (YoY)	26.11%	-39.87%	7.40%	-10.72%	39.24%
Cost of Revenue	36.45	19.02	22.31	26.09	25.07
Gross Profit	14.86	21.67	45.35	36.91	45.5
Other Operating Expenses	33.31	9.72	10.88	12.72	10.61
Operating Expenses	47.03	20.04	54.62	43.58	40.72
Operating Income	-32.18	1.63	-9.26	-6.67	4.77
Interest Expense	-4.9	-5.86	-5.77	-7.37	-8.08
Interest & Investment Income	-	0.01	0	0.01	0.03
Other Non Operating Income (Expenses)	-	-0.02	-0.02	-0.02	-0.02
EBT Excluding Unusual Items	-37.08	-4.24	-15.05	-14.05	-3.3
Impairment of Goodwill	-	-	-1.86	-	-
Gain (Loss) on Sale of Investments	-	-2.01	-1.86	1.42	2.75
Asset Writedown	-10.22	-30.82	-39.9	-	-
Other Unusual Items	1.92	-	-	-3.48	0.4
Pretax Income	-45.38	-37.08	-58.67	-16.1	-0.15
Income Tax Expense	-	2.69	3.1	1.54	3.87
Earnings From Continuing Operations	-45.38	-39.76	-61.77	-17.65	-4.02
Minority Interest in Earnings	1.85	18.64	23.59	9.85	8.99
Net Income	-43.53	-21.12	-38.18	-7.79	4.98
Net Income to Common	-43.53	-21.12	-38.18	-7.79	4.98
Net Income Growth	-	-	-	-	141.25%
Shares Outstanding (Basic)	965	473	448	448	448
Shares Outstanding (Diluted)	965	473	448	448	448
Shares Change (YoY)	104.02%	5.52%	-	-	-
EPS (Basic)	-0.05	-0.04	-0.09	-0.02	0.01
EPS (Diluted)	-0.05	-0.04	-0.09	-0.02	0.01
EPS Growth	-	-	-	-	141.34%
Free Cash Flow	-	24.01	34.51	6.41	14.06
Free Cash Flow Per Share	-	0.05	0.08	0.01	0.03
Gross Margin	28.96%	53.26%	67.03%	58.58%	64.48%
Operating Margin	-62.71%	4.01%	-13.69%	-10.58%	6.77%
Profit Margin	-84.85%	-51.91%	-56.43%	-12.37%	7.05%
Free Cash Flow Margin	-	59.02%	51.01%	10.17%	19.92%
EBITDA	-24.63	9.18	-0.42	2.69	12.93
EBITDA Margin	-48.00%	22.56%	-0.61%	4.28%	18.33%
D&A For EBITDA	7.55	7.55	8.85	9.36	8.16
EBIT	-32.18	1.63	-9.26	-6.67	4.77
EBIT Margin	-62.71%	4.01%	-13.69%	-10.58%	6.77%

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