Smart Globe Holdings 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	169.63	117.59	97.24	131.65	167.9	127.21
Revenue Growth (YoY)	66.20%	20.92%	-26.14%	-21.59%	31.98%	-3.77%
Cost of Revenue	137.7	103.84	75.69	123.98	141.4	81.25
Gross Profit	31.93	13.75	21.55	7.67	26.5	45.96
Selling, General & Admin	29.49	29.16	26.44	25.61	24.5	25.85
Operating Expenses	29.61	29.27	26.29	26.45	23.62	25.66
Operating Income	2.32	-15.53	-4.74	-18.78	2.89	20.31
Interest Expense	-0.92	-0.35	-0.12	-0.18	-0.31	-0.12
Interest & Investment Income	0.83	1.49	0.79	0.04	0.03	0.19
Currency Exchange Gain (Loss)	2.35	1.3	0.32	1.85	-0.26	-0.68
Other Non Operating Income (Expenses)	3.14	1.09	0.11	0.55	0.43	0.5
EBT Excluding Unusual Items	7.71	-11.99	-3.64	-16.51	2.77	20.21
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.03	0.01	0.02	-0.01
Pretax Income	7.7	-12	-3.67	-16.5	2.79	20.2
Income Tax Expense	3.54	-	0.02	-	1.14	4.2
Net Income	2.09	-12	-3.69	-16.5	1.65	16
Net Income to Common	2.09	-12	-3.69	-16.5	1.65	16
Net Income Growth	-	-	-	-	-89.69%	-30.86%
Shares Outstanding (Basic)	1,020	1,020	1,020	1,008	1,000	1,000
Shares Outstanding (Diluted)	1,020	1,020	1,020	1,008	1,000	1,000
Shares Change (YoY)	-	-	1.17%	0.82%	-	-
EPS (Basic)	0.00	-0.01	-0.00	-0.02	0.00	0.02
EPS (Diluted)	0.00	-0.01	-0.00	-0.02	0.00	0.02
EPS Growth	-	-	-	-	-89.69%	-30.86%
Free Cash Flow	0.35	-8.54	3.65	15.73	-10.81	12.04
Free Cash Flow Per Share	-	-0.01	0.00	0.02	-0.01	0.01
Dividend Per Share	-	-	-	-	-	0.005
Dividend Growth	-	-	-	-	-	25.00%
Gross Margin	18.82%	11.69%	22.16%	5.83%	15.78%	36.13%
Operating Margin	1.36%	-13.21%	-4.88%	-14.26%	1.72%	15.96%
Profit Margin	1.23%	-10.21%	-3.79%	-12.53%	0.98%	12.58%
Free Cash Flow Margin	0.21%	-7.27%	3.76%	11.95%	-6.44%	9.46%
EBITDA	6.2	-10.4	0.39	-13.28	8.07	24.24
EBITDA Margin	3.65%	-8.84%	0.40%	-10.09%	4.81%	19.05%
D&A For EBITDA	3.88	5.13	5.13	5.5	5.18	3.93
EBIT	2.32	-15.53	-4.74	-18.78	2.89	20.31
EBIT Margin	1.36%	-13.21%	-4.88%	-14.26%	1.72%	15.96%
Effective Tax Rate	45.96%	-	-	-	40.85%	20.77%

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