Brainhole Technology 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	89.08	119.99	220.81	263.57	321.57	261.81
Revenue Growth (YoY)	-47.92%	-45.66%	-16.22%	-18.04%	22.83%	-24.48%
Cost of Revenue	97.38	126.44	193.18	215.03	267.46	228.29
Gross Profit	-8.3	-6.45	27.63	48.54	54.11	33.52
Selling, General & Admin	60.99	60.43	59.37	70.6	88.21	68.27
Other Operating Expenses	-	-	-	0.74	-	-
Operating Expenses	71.09	68.73	59.99	71.34	88.21	68.27
Operating Income	-79.39	-75.18	-32.37	-22.8	-34.1	-34.76
Interest Expense	-8.94	-10.21	-8.05	-3.1	-5.69	-2.84
Interest & Investment Income	0.2	0.2	0.1	0.17	0.64	0.34
Currency Exchange Gain (Loss)	0.48	0.48	1.35	-	-	3.67
Other Non Operating Income (Expenses)	9.73	4.71	5.39	3.39	3.92	3.06
EBT Excluding Unusual Items	-77.91	-80	-33.58	-22.34	-35.23	-30.53
Gain (Loss) on Sale of Investments	-50.79	-31.44	2.32	-9.88	-	-
Gain (Loss) on Sale of Assets	4.17	4.17	3.63	1.16	2.6	-2.01
Asset Writedown	-1.31	-1.31	-9.05	-22.53	-16.09	-34.88
Other Unusual Items	0.11	0.11	-	-8.14	-2.49	0.31
Pretax Income	-125.72	-108.47	-36.68	-61.73	-51.2	-67.11
Income Tax Expense	20.05	19.41	-2.56	-4.12	0.35	-8.36
Earnings From Continuing Operations	-145.78	-127.88	-34.12	-57.61	-51.55	-58.76
Net Income	-145.78	-127.88	-34.12	-57.61	-51.55	-58.76
Net Income to Common	-145.78	-127.88	-34.12	-57.61	-51.55	-58.76
Shares Outstanding (Basic)	800	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800	800
EPS (Basic)	-0.18	-0.16	-0.04	-0.07	-0.06	-0.07
EPS (Diluted)	-0.18	-0.16	-0.04	-0.07	-0.06	-0.07
Free Cash Flow	-25.97	-39.44	27.2	-113.93	-4.96	-18.72
Free Cash Flow Per Share	-0.03	-0.05	0.03	-0.14	-0.01	-0.02
Gross Margin	-9.31%	-5.38%	12.51%	18.42%	16.83%	12.80%
Operating Margin	-89.12%	-62.66%	-14.66%	-8.65%	-10.60%	-13.28%
Profit Margin	-163.64%	-106.57%	-15.45%	-21.86%	-16.03%	-22.44%
Free Cash Flow Margin	-29.15%	-32.87%	12.32%	-43.22%	-1.54%	-7.15%
EBITDA	-72.78	-67.83	-25.83	-10.5	-14.33	-12.04
EBITDA Margin	-81.70%	-56.53%	-11.70%	-3.98%	-4.46%	-4.60%
D&A For EBITDA	6.61	7.36	6.54	12.3	19.77	22.72
EBIT	-79.39	-75.18	-32.37	-22.8	-34.1	-34.76
EBIT Margin	-89.12%	-62.66%	-14.66%	-8.65%	-10.60%	-13.28%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.