K2 F&B Holdings Limited (HKG:2108)

K2 F&B Holdings Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	51.51	57.17	55.74	47.29	37.39
Revenue	51.51	57.17	55.74	47.29	37.39
Revenue Growth (YoY)	-9.91%	2.57%	17.87%	26.49%	7.12%
Cost of Revenue	15.9	19.33	19.52	16.29	13.97
Gross Profit	35.61	37.84	36.22	31	23.42
Selling, General & Admin	23.29	25.76	25.54	20.55	16.55
Other Operating Expenses	2.38	3.06	3.17	2.78	1.48
Operating Expenses	30.93	34.14	33.72	26.83	19.36
Operating Income	4.68	3.71	2.5	4.17	4.06
Interest Expense	-3.27	-3.62	-2.79	-1.64	-1.53
Interest & Investment Income	0.05	0.05	0.01	0.06	0.03
Currency Exchange Gain (Loss)	-0.07	0.03	-0.01	-0	-0.01
Other Non Operating Income (Expenses)	0.39	0.28	0.17	0.06	0.24
EBT Excluding Unusual Items	1.78	0.45	-0.12	2.65	2.78
Gain (Loss) on Sale of Investments	0.04	0.02	0.02	0.03	-
Gain (Loss) on Sale of Assets	-0.27	0.69	1.05	0.04	-
Asset Writedown	8.4	1.55	6.32	2.23	0.65
Other Unusual Items	-0.05	0.38	0.65	1.23	1.57
Pretax Income	9.9	3.08	7.92	6.18	5
Income Tax Expense	0.34	0.28	0.61	0.5	0.44
Earnings From Continuing Operations	9.56	2.79	7.31	5.67	4.57
Minority Interest in Earnings	-	0.02	-	-	-
Net Income	9.56	2.81	7.31	5.67	4.57
Net Income to Common	9.56	2.81	7.31	5.67	4.57
Net Income Growth	240.09%	-61.55%	28.83%	24.21%	108.58%
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.01	0.00	0.01	0.01	0.01
EPS (Diluted)	0.01	0.00	0.01	0.01	0.01
EPS Growth	240.17%	-61.55%	28.84%	24.20%	108.62%
Free Cash Flow	-	6.1	5.33	6.1	6
Free Cash Flow Per Share	-	0.01	0.01	0.01	0.01
Gross Margin	69.13%	66.19%	64.98%	65.56%	62.64%
Operating Margin	9.08%	6.48%	4.49%	8.82%	10.85%
Profit Margin	18.56%	4.92%	13.11%	12.00%	12.22%
Free Cash Flow Margin	-	10.66%	9.55%	12.90%	16.04%
EBITDA	6.42	5.45	4.53	5.39	4.68
EBITDA Margin	12.46%	9.52%	8.13%	11.40%	12.52%
D&A For EBITDA	1.74	1.74	2.03	1.22	0.62
EBIT	4.68	3.71	2.5	4.17	4.06
EBIT Margin	9.08%	6.48%	4.49%	8.82%	10.85%
Effective Tax Rate	3.42%	9.23%	7.69%	8.13%	8.71%
Advertising Expenses	0.07	0.07	0.17	0.2	0.16

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