Ulferts International Income Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	140.45	153.02	171.64	216.15	225.46	234.5
Revenue Growth (YoY)	-12.97%	-10.85%	-20.59%	-4.13%	-3.86%	7.15%
Cost of Revenue	61.18	64.72	71.98	82.96	82.82	81.61
Gross Profit	79.27	88.3	99.66	133.18	142.64	152.89
Selling, General & Admin	93.63	111.08	120.63	143.11	138.05	141.52
Operating Expenses	93.63	111.08	120.63	143.11	138.05	141.52
Operating Income	-14.36	-22.78	-20.97	-9.93	4.59	11.38
Interest Expense	-1.16	-1.65	-2.72	-2.53	-1.54	-1.38
Interest & Investment Income	0.48	0.72	1.7	1.25	0.28	0.27
Other Non Operating Income (Expenses)	3.39	3.61	2.57	5.49	2.49	9.38
EBT Excluding Unusual Items	-11.64	-20.1	-19.41	-5.72	5.82	19.65
Gain (Loss) on Sale of Assets	-	-	-	0.02	-	-
Asset Writedown	-16.08	-16.08	-5.22	-15.59	-	-
Pretax Income	-27.73	-36.18	-24.63	-21.3	5.82	19.65
Income Tax Expense	4.84	4.84	0.38	-0.28	1.68	2.83
Net Income	-32.56	-41.02	-25.01	-21.02	4.14	16.83
Net Income to Common	-32.56	-41.02	-25.01	-21.02	4.14	16.83
Net Income Growth	-	-	-	-	-75.38%	-
Shares Outstanding (Basic)	800	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800	800
EPS (Basic)	-0.04	-0.05	-0.03	-0.03	0.01	0.02
EPS (Diluted)	-0.04	-0.05	-0.03	-0.03	0.01	0.02
EPS Growth	-	-	-	-	-75.39%	-
Free Cash Flow	7.73	17.94	25.44	35.13	28.56	75.84
Free Cash Flow Per Share	0.01	0.02	0.03	0.04	0.04	0.10
Dividend Per Share	-	-	-	-	0.005	0.006
Dividend Growth	-	-	-	-	-20.64%	-
Gross Margin	56.44%	57.71%	58.06%	61.62%	63.27%	65.20%
Operating Margin	-10.23%	-14.88%	-12.21%	-4.59%	2.04%	4.85%
Profit Margin	-23.18%	-26.80%	-14.57%	-9.72%	1.84%	7.17%
Free Cash Flow Margin	5.50%	11.72%	14.82%	16.25%	12.67%	32.34%
EBITDA	-13.77	-20.91	-18.53	-4.02	11.63	26.96
EBITDA Margin	-9.81%	-13.66%	-10.80%	-1.86%	5.16%	11.50%
D&A For EBITDA	0.59	1.87	2.44	5.91	7.04	15.59
EBIT	-14.36	-22.78	-20.97	-9.93	4.59	11.38
EBIT Margin	-10.23%	-14.88%	-12.21%	-4.59%	2.04%	4.85%
Effective Tax Rate	-	-	-	-	28.81%	14.38%

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