HKG:1355 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	47.03	40.68	67.66	63	70.56	50.68
Revenue Growth (YoY)	-16.39%	-39.87%	7.40%	-10.72%	39.24%	11.17%
Cost of Revenue	25.86	19.02	22.31	26.09	25.07	16.21
Gross Profit	21.17	21.67	45.35	36.91	45.5	34.47
Other Operating Expenses	24.19	9.72	10.88	12.72	10.61	9.35
Operating Expenses	29.64	20.04	54.62	43.58	40.72	30.17
Operating Income	-8.48	1.63	-9.26	-6.67	4.77	4.29
Interest Expense	-5.35	-5.86	-5.77	-7.37	-8.08	-5.48
Interest & Investment Income	0.01	0.01	0	0.01	0.03	0.03
Other Non Operating Income (Expenses)	-0.02	-0.02	-0.02	-0.02	-0.02	-0.02
EBT Excluding Unusual Items	-13.84	-4.24	-15.05	-14.05	-3.3	-1.18
Impairment of Goodwill	-	-	-1.86	-	-	-
Gain (Loss) on Sale of Investments	-2.06	-2.01	-1.86	1.42	2.75	-
Gain (Loss) on Sale of Assets	0.07	-	-	-	-	-
Asset Writedown	-39.16	-30.82	-39.9	-	-	0.1
Other Unusual Items	1.92	-	-	-3.48	0.4	1.22
Pretax Income	-53.08	-37.08	-58.67	-16.1	-0.15	0.14
Income Tax Expense	2.44	2.69	3.1	1.54	3.87	2.61
Earnings From Continuing Operations	-55.51	-39.76	-61.77	-17.65	-4.02	-2.46
Minority Interest in Earnings	17.7	18.64	23.59	9.85	8.99	4.52
Net Income	-37.82	-21.12	-38.18	-7.79	4.98	2.06
Net Income to Common	-37.82	-21.12	-38.18	-7.79	4.98	2.06
Net Income Growth	-	-	-	-	141.25%	-
Shares Outstanding (Basic)	657	473	448	448	448	448
Shares Outstanding (Diluted)	657	473	448	448	448	448
Shares Change (YoY)	46.43%	5.52%	-	-	-	-
EPS (Basic)	-0.06	-0.04	-0.09	-0.02	0.01	0.00
EPS (Diluted)	-0.06	-0.04	-0.09	-0.02	0.01	0.00
EPS Growth	-	-	-	-	141.34%	-
Free Cash Flow	-25.87	24.01	34.51	6.41	14.06	-6.27
Free Cash Flow Per Share	-0.04	0.05	0.08	0.01	0.03	-0.01
Gross Margin	45.01%	53.26%	67.03%	58.58%	64.48%	68.01%
Operating Margin	-18.02%	4.01%	-13.69%	-10.58%	6.77%	8.47%
Profit Margin	-80.42%	-51.91%	-56.43%	-12.37%	7.05%	4.07%
Free Cash Flow Margin	-55.01%	59.02%	51.01%	10.17%	19.92%	-12.37%
EBITDA	-2.43	9.18	-0.42	2.69	12.93	7.36
EBITDA Margin	-5.16%	22.56%	-0.61%	4.28%	18.33%	14.53%
D&A For EBITDA	6.05	7.55	8.85	9.36	8.16	3.07
EBIT	-8.48	1.63	-9.26	-6.67	4.77	4.29
EBIT Margin	-18.02%	4.01%	-13.69%	-10.58%	6.77%	8.47%
Effective Tax Rate	-	-	-	-	-	1809.03%

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