Microware Group 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	1,429	1,491	1,234	1,167	1,149	1,114
Revenue Growth (YoY)	-1.86%	20.82%	5.78%	1.56%	3.11%	-18.39%
Cost of Revenue	1,233	1,303	1,089	1,045	1,016	972.25
Gross Profit	196.13	188.26	144.96	121.57	132.62	142.03
Selling, General & Admin	182.8	162.03	102.99	90.29	92.63	87.34
Research & Development	4.71	4.71	-	-	-	-
Operating Expenses	187.55	166.74	102.99	90.29	92.63	87.34
Operating Income	8.58	21.52	41.97	31.28	39.99	54.69
Interest Expense	-5.86	-6.62	-0.74	-0.62	-0.55	-0.24
Interest & Investment Income	3.56	4.02	3.87	1.53	0.18	0.58
Currency Exchange Gain (Loss)	0.01	0.01	0.18	0.29	-0.38	-0.42
Other Non Operating Income (Expenses)	-2.05	-9.14	-1.52	-0.79	-0.94	-0.13
EBT Excluding Unusual Items	4.46	9.79	43.76	31.7	38.29	54.47
Gain (Loss) on Sale of Investments	3.75	8.32	-	-	-	-
Asset Writedown	-	-	-	-	0.04	-0.01
Other Unusual Items	-	-	-	7.04	-	-
Pretax Income	8.21	18.11	43.76	38.74	38.33	54.47
Income Tax Expense	9.8	9.95	7.53	5.56	6.35	7.55
Earnings From Continuing Operations	-1.59	8.16	36.23	33.18	31.98	46.92
Minority Interest in Earnings	-	-	-	0	-0.01	0.41
Net Income	-1.59	8.16	36.23	33.18	31.97	47.33
Net Income to Common	-1.59	8.16	36.23	33.18	31.97	47.33
Net Income Growth	-	-77.48%	9.19%	3.78%	-32.46%	16.53%
Shares Outstanding (Basic)	287	271	296	300	300	300
Shares Outstanding (Diluted)	287	271	296	300	300	300
Shares Change (YoY)	2.01%	-8.38%	-1.50%	-	-	-
EPS (Basic)	-0.01	0.03	0.12	0.11	0.11	0.16
EPS (Diluted)	-0.01	0.03	0.12	0.11	0.11	0.16
EPS Growth	-	-75.43%	10.85%	3.78%	-32.46%	16.53%
Free Cash Flow	37.96	79.82	-24.86	73.39	43.69	81.5
Free Cash Flow Per Share	0.13	0.29	-0.08	0.24	0.15	0.27
Dividend Per Share	-	-	0.020	0.070	0.100	0.100
Dividend Growth	-	-	-71.43%	-30.00%	-	25.00%
Gross Margin	13.72%	12.62%	11.74%	10.42%	11.54%	12.75%
Operating Margin	0.60%	1.44%	3.40%	2.68%	3.48%	4.91%
Profit Margin	-0.11%	0.55%	2.94%	2.84%	2.78%	4.25%
Free Cash Flow Margin	2.66%	5.35%	-2.01%	6.29%	3.80%	7.31%
EBITDA	10.81	24	44.53	34.15	42.58	56.85
EBITDA Margin	0.76%	1.61%	3.61%	2.93%	3.71%	5.10%
D&A For EBITDA	2.24	2.48	2.56	2.87	2.59	2.16
EBIT	8.58	21.52	41.97	31.28	39.99	54.69
EBIT Margin	0.60%	1.44%	3.40%	2.68%	3.48%	4.91%
Effective Tax Rate	119.39%	54.96%	17.21%	14.35%	16.57%	13.85%

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