HKG:1683 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	227.65	188.74	293.15	190.65	247.17
Revenue Growth (YoY)	20.62%	-35.62%	53.76%	-22.87%	118.38%
Cost of Revenue	183.39	152.7	232.33	156.13	199.62
Gross Profit	44.27	36.04	60.82	34.52	47.55
Selling, General & Admin	46.75	36.05	45.88	21.6	34.41
Other Operating Expenses	-	-	-	-	0.91
Operating Expenses	42.38	49.09	47.76	22.17	35.33
Operating Income	1.89	-13.06	13.06	12.36	12.23
Interest Expense	-4.27	-15.51	-6.4	-5	-0.39
Interest & Investment Income	0.03	0.02	0	0	0
Other Non Operating Income (Expenses)	-	0.33	-	0	0.89
EBT Excluding Unusual Items	-2.36	-28.23	6.67	7.36	12.73
Gain (Loss) on Sale of Assets	0.06	-0.12	0.02	-	-
Other Unusual Items	-	0.01	-	-3.46	-3.78
Pretax Income	-2.3	-28.34	6.69	3.9	8.95
Income Tax Expense	3.94	2.3	5.49	3.08	2.08
Earnings From Continuing Operations	-6.24	-30.64	1.2	0.82	6.87
Earnings From Discontinued Operations	-	-	-2.12	-2.2	-
Net Income to Company	-6.24	-30.64	-0.92	-1.38	6.87
Minority Interest in Earnings	-3.15	-2.02	-4.71	-2.79	-1.88
Net Income	-9.39	-32.65	-5.64	-4.17	4.99
Net Income to Common	-9.39	-32.65	-5.64	-4.17	4.99
Shares Outstanding (Basic)	1,718	1,507	1,126	389	304
Shares Outstanding (Diluted)	1,718	1,507	1,126	389	304
Shares Change (YoY)	14.01%	33.78%	189.27%	28.11%	18.91%
EPS (Basic)	-0.01	-0.02	-0.01	-0.01	0.02
EPS (Diluted)	-0.01	-0.02	-0.01	-0.01	0.02
Free Cash Flow	-	-4.52	-154.31	11.31	-75.48
Free Cash Flow Per Share	-	-0.00	-0.14	0.03	-0.25
Gross Margin	19.44%	19.09%	20.75%	18.11%	19.24%
Operating Margin	0.83%	-6.92%	4.46%	6.48%	4.95%
Profit Margin	-4.13%	-17.30%	-1.92%	-2.19%	2.02%
Free Cash Flow Margin	-	-2.39%	-52.64%	5.93%	-30.54%
EBITDA	5.15	-9.79	16.24	15.69	15.55
EBITDA Margin	2.26%	-5.19%	5.54%	8.23%	6.29%
D&A For EBITDA	3.27	3.27	3.17	3.33	3.32
EBIT	1.89	-13.06	13.06	12.36	12.23
EBIT Margin	0.83%	-6.92%	4.46%	6.48%	4.95%
Effective Tax Rate	-	-	82.06%	79.03%	23.23%
Advertising Expenses	35.51	21.49	25.01	5.9	7

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