HKG:1870 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	148.12	200.63	192.4	152.22	163.08
Revenue Growth (YoY)	-26.18%	4.28%	26.40%	-6.66%	-62.58%
Cost of Revenue	142.28	152.54	139.61	114.63	123.01
Gross Profit	5.84	48.09	52.79	37.59	40.07
Selling, General & Admin	58.31	35.38	24.27	17.7	15.21
Other Operating Expenses	-1.03	1.43	1.17	0.75	-0.12
Operating Expenses	57.28	36.81	25.43	18.45	15.1
Operating Income	-51.44	11.29	27.36	19.14	24.97
Interest Expense	-3.72	-3.72	-2.83	-2.4	-0.46
Interest & Investment Income	0.42	0.24	0.05	0.04	0.03
Currency Exchange Gain (Loss)	4.1	-0.49	-0.22	0.09	-0.36
EBT Excluding Unusual Items	-50.64	7.31	24.37	16.87	24.18
Other Unusual Items	-	-	-	0.55	-
Pretax Income	-50.64	7.31	24.37	17.41	24.18
Income Tax Expense	0.41	3.04	5.74	4.64	5.07
Earnings From Continuing Operations	-51.05	4.28	18.63	12.77	19.11
Earnings From Discontinued Operations	-	-	-	-92.55	-206.57
Net Income to Company	-51.05	4.28	18.63	-79.78	-187.46
Minority Interest in Earnings	1.93	0.17	1.42	0.24	-
Net Income	-49.13	4.44	20.05	-79.54	-187.46
Net Income to Common	-49.13	4.44	20.05	-79.54	-187.46
Net Income Growth	-	-77.85%	-	-	-
Shares Outstanding (Basic)	829	624	624	624	558
Shares Outstanding (Diluted)	829	624	624	624	558
Shares Change (YoY)	32.86%	-	-	11.79%	7.34%
EPS (Basic)	-0.06	0.01	0.03	-0.13	-0.34
EPS (Diluted)	-0.06	0.01	0.03	-0.13	-0.34
EPS Growth	-	-77.85%	-	-	-
Free Cash Flow	-21.26	-3.66	1.66	-24.53	-70.25
Free Cash Flow Per Share	-0.03	-0.01	0.00	-0.04	-0.13
Gross Margin	3.94%	23.97%	27.44%	24.70%	24.57%
Operating Margin	-34.73%	5.63%	14.22%	12.57%	15.31%
Profit Margin	-33.17%	2.21%	10.42%	-52.26%	-114.95%
Free Cash Flow Margin	-14.36%	-1.82%	0.86%	-16.12%	-43.08%
EBITDA	-48.36	12.26	28.14	19.21	25.59
EBITDA Margin	-32.65%	6.11%	14.63%	12.62%	15.69%
D&A For EBITDA	3.08	0.98	0.78	0.07	0.62
EBIT	-51.44	11.29	27.36	19.14	24.97
EBIT Margin	-34.73%	5.63%	14.22%	12.57%	15.31%
Effective Tax Rate	-	41.53%	23.54%	26.66%	20.98%

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