HKG:2086 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	93.91	100.29	79.21	94.23	98.11	112.75
Revenue Growth (YoY)	16.17%	26.61%	-15.95%	-3.96%	-12.98%	-31.97%
Cost of Revenue	43.86	47.86	36.95	45.64	45.8	57.53
Gross Profit	50.05	52.42	42.25	48.6	52.32	55.21
Selling, General & Admin	41.6	36	41.46	36.47	39.12	45.4
Research & Development	12.29	12.88	17.53	12.91	32.35	33.02
Other Operating Expenses	-0.14	-0.08	-0.72	-0.58	-0.33	-0.46
Operating Expenses	53.87	48.93	61.97	48.8	71.13	77.96
Operating Income	-3.82	3.5	-19.72	-0.21	-18.82	-22.75
Interest Expense	-0.35	-0.37	-0.29	-0.23	-0.39	-0.32
Interest & Investment Income	0.6	0.6	0.8	0.45	0.13	0.28
EBT Excluding Unusual Items	-3.58	3.73	-19.21	0.02	-19.08	-22.79
Asset Writedown	-	-	-	-	-0.72	-
Other Unusual Items	0	0	-	1.11	-	2.92
Pretax Income	-3.57	3.73	-19.21	1.13	-19.8	-19.88
Income Tax Expense	-	-	-	-	1.53	0.32
Earnings From Continuing Operations	-3.57	3.73	-19.21	1.13	-21.32	-20.2
Earnings From Discontinued Operations	-	-	-	-	-	-0.03
Net Income	-3.57	3.73	-19.21	1.13	-21.32	-20.22
Net Income to Common	-3.57	3.73	-19.21	1.13	-21.32	-20.22
Shares Outstanding (Basic)	320	320	320	320	320	320
Shares Outstanding (Diluted)	320	320	320	320	320	320
EPS (Basic)	-0.01	0.01	-0.06	0.00	-0.07	-0.06
EPS (Diluted)	-0.01	0.01	-0.06	0.00	-0.07	-0.06
Free Cash Flow	-2.93	12.34	-13.12	-0.74	1.85	16.56
Free Cash Flow Per Share	-0.01	0.04	-0.04	-0.00	0.01	0.05
Gross Margin	53.29%	52.27%	53.35%	51.57%	53.32%	48.97%
Operating Margin	-4.07%	3.49%	-24.90%	-0.22%	-19.18%	-20.18%
Profit Margin	-3.80%	3.72%	-24.25%	1.20%	-21.73%	-17.94%
Free Cash Flow Margin	-3.12%	12.31%	-16.56%	-0.79%	1.89%	14.69%
EBITDA	-2.81	4.54	-17.74	1.49	-15.53	-19.15
EBITDA Margin	-2.99%	4.52%	-22.39%	1.58%	-15.82%	-16.98%
D&A For EBITDA	1.01	1.04	1.98	1.7	3.29	3.6
EBIT	-3.82	3.5	-19.72	-0.21	-18.82	-22.75
EBIT Margin	-4.07%	3.49%	-24.89%	-0.22%	-19.18%	-20.18%

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