Fire Rock 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	146.2	140.59	134.93	115.06	1,035
Revenue Growth (YoY)	3.99%	4.20%	17.26%	-88.89%	76.63%
Cost of Revenue	50.69	27.83	27.39	38.47	168.13
Gross Profit	95.52	112.77	107.54	76.59	867.08
Selling, General & Admin	74.81	84.03	87.14	64.82	184.37
Research & Development	15.97	9.04	19.78	-	42.82
Operating Expenses	90.78	93.07	106.92	64.82	227.19
Operating Income	4.74	19.7	0.62	11.77	639.89
Interest Expense	-0.15	-0.1	-9.14	-18.51	-19.42
Interest & Investment Income	0.05	0.1	0.15	0.15	8.07
Currency Exchange Gain (Loss)	0.66	-	19.19	50.53	-
Other Non Operating Income (Expenses)	0.19	0.2	0.39	0.24	18.9
EBT Excluding Unusual Items	5.49	19.9	11.21	44.19	647.45
Gain (Loss) on Sale of Investments	-8.04	-0.89	-2.26	-	-
Gain (Loss) on Sale of Assets	-	-	-2.88	-	-1,200
Asset Writedown	-18.55	-	-	-	-
Other Unusual Items	0.01	0.02	574.72	-	-560.59
Pretax Income	-21.09	19.03	580.79	44.19	-1,113
Income Tax Expense	22.42	17.17	8.27	8.7	97.99
Earnings From Continuing Operations	-43.5	1.85	572.52	35.49	-1,211
Minority Interest in Earnings	-20.91	-18.92	-12.61	-5.29	-1.63
Net Income	-64.41	-17.07	559.91	30.2	-1,213
Net Income to Common	-64.41	-17.07	559.91	30.2	-1,213
Net Income Growth	-	-	1753.95%	-	-
Shares Outstanding (Basic)	197	192	192	192	192
Shares Outstanding (Diluted)	197	192	192	192	192
Shares Change (YoY)	2.49%	-	-	-	-
EPS (Basic)	-0.33	-0.09	2.92	0.16	-6.32
EPS (Diluted)	-0.33	-0.09	2.92	0.16	-6.32
EPS Growth	-	-	1753.96%	-	-
Free Cash Flow	-	5.6	-26.73	0.44	546.04
Free Cash Flow Per Share	-	0.03	-0.14	0.00	2.84
Gross Margin	65.33%	80.21%	79.70%	66.57%	83.76%
Operating Margin	3.25%	14.01%	0.46%	10.23%	61.81%
Profit Margin	-44.05%	-12.14%	414.97%	26.25%	-117.18%
Free Cash Flow Margin	-	3.98%	-19.81%	0.39%	52.75%
EBITDA	6.68	21.63	1.81	12.59	653.5
EBITDA Margin	4.57%	15.38%	1.34%	10.94%	63.13%
D&A For EBITDA	1.93	1.93	1.19	0.82	13.61
EBIT	4.74	19.7	0.62	11.77	639.89
EBIT Margin	3.25%	14.01%	0.46%	10.23%	61.81%
Effective Tax Rate	-	90.26%	1.42%	19.69%	-

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