Smart Globe 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	204.95	117.59	97.24	131.65	167.9
Revenue Growth (YoY)	74.30%	20.92%	-26.14%	-21.59%	31.98%
Cost of Revenue	162.56	103.84	75.69	123.98	141.4
Gross Profit	42.39	13.75	21.55	7.67	26.5
Selling, General & Admin	28.12	29.16	26.44	25.61	24.5
Operating Expenses	27.89	29.27	26.29	26.45	23.62
Operating Income	14.51	-15.53	-4.74	-18.78	2.89
Interest Expense	-1.28	-0.35	-0.12	-0.18	-0.31
Interest & Investment Income	0.65	1.49	0.79	0.04	0.03
Currency Exchange Gain (Loss)	0.63	1.3	0.32	1.85	-0.26
Other Non Operating Income (Expenses)	4.96	1.09	0.11	0.55	0.43
EBT Excluding Unusual Items	19.47	-11.99	-3.64	-16.51	2.77
Gain (Loss) on Sale of Assets	0.01	-0.01	-0.03	0.01	0.02
Asset Writedown	0.29	-	-	-	-
Other Unusual Items	0.1	-	-	-	-
Pretax Income	19.87	-12	-3.67	-16.5	2.79
Income Tax Expense	6.82	-	0.02	-	1.14
Earnings From Continuing Operations	13.04	-12	-3.69	-16.5	1.65
Minority Interest in Earnings	-5.15	-	-	-	-
Net Income	7.89	-12	-3.69	-16.5	1.65
Net Income to Common	7.89	-12	-3.69	-16.5	1.65
Net Income Growth	-	-	-	-	-89.69%
Shares Outstanding (Basic)	1,020	1,020	1,020	1,008	1,000
Shares Outstanding (Diluted)	1,020	1,020	1,020	1,008	1,000
Shares Change (YoY)	-	-	1.17%	0.82%	-
EPS (Basic)	0.01	-0.01	-0.00	-0.02	0.00
EPS (Diluted)	0.01	-0.01	-0.00	-0.02	0.00
EPS Growth	-	-	-	-	-89.69%
Free Cash Flow	-	-8.54	3.65	15.73	-10.81
Free Cash Flow Per Share	-	-0.01	0.00	0.02	-0.01
Gross Margin	20.69%	11.69%	22.16%	5.83%	15.78%
Operating Margin	7.08%	-13.21%	-4.88%	-14.26%	1.72%
Profit Margin	3.85%	-10.21%	-3.79%	-12.53%	0.98%
Free Cash Flow Margin	-	-7.27%	3.76%	11.95%	-6.44%
EBITDA	19.64	-10.4	0.39	-13.28	8.07
EBITDA Margin	9.58%	-8.84%	0.40%	-10.09%	4.81%
D&A For EBITDA	5.13	5.13	5.13	5.5	5.18
EBIT	14.51	-15.53	-4.74	-18.78	2.89
EBIT Margin	7.08%	-13.21%	-4.88%	-14.26%	1.72%
Effective Tax Rate	34.35%	-	-	-	40.85%

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