Casablanca Group 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	236.31	247.06	284.1	300.16	320.4
Revenue Growth (YoY)	-4.35%	-13.04%	-5.35%	-6.32%	3.60%
Cost of Revenue	77.81	82.62	91.95	113.39	124.03
Gross Profit	158.5	164.44	192.15	186.78	196.37
Selling, General & Admin	175.29	181.55	200.26	182	182.07
Operating Expenses	175.29	181.55	200.26	182	182.07
Operating Income	-16.8	-17.12	-8.11	4.78	14.3
Interest Expense	-1.51	-1.84	-1.15	-1.18	-0.9
Interest & Investment Income	1.48	2.08	1.76	1.21	0.8
Currency Exchange Gain (Loss)	0.14	-1.19	-0.88	-5.8	1.25
Other Non Operating Income (Expenses)	1.09	3.36	3.35	0.66	0.66
EBT Excluding Unusual Items	-15.6	-14.71	-5.04	-0.34	16.11
Gain (Loss) on Sale of Investments	0.52	2.03	-1.33	-0.06	-1.32
Gain (Loss) on Sale of Assets	0.27	0.2	-0.18	3.96	-0.03
Asset Writedown	-	-0.27	-2.47	-	-0.51
Other Unusual Items	-	0.14	-	4.25	1.45
Pretax Income	-14.81	-12.61	-9.02	7.81	15.7
Income Tax Expense	-0.81	-1.11	0.44	3.19	3.77
Earnings From Continuing Operations	-14.01	-11.5	-9.46	4.62	11.94
Minority Interest in Earnings	1.78	1.71	4.82	0.76	-
Net Income	-12.23	-9.79	-4.64	5.38	11.94
Net Income to Common	-12.23	-9.79	-4.64	5.38	11.94
Net Income Growth	-	-	-	-54.94%	-26.00%
Shares Outstanding (Basic)	258	258	258	258	258
Shares Outstanding (Diluted)	258	258	258	258	259
Shares Change (YoY)	-	-	-	-0.62%	0.26%
EPS (Basic)	-0.05	-0.04	-0.02	0.02	0.05
EPS (Diluted)	-0.05	-0.04	-0.02	0.02	0.05
EPS Growth	-	-	-	-54.66%	-26.16%
Free Cash Flow	12.43	9.32	7.75	11.56	-0.5
Free Cash Flow Per Share	0.05	0.04	0.03	0.04	-0.00
Dividend Per Share	-	-	-	-	0.050
Dividend Growth	-	-	-	-	-50.00%
Gross Margin	67.07%	66.56%	67.63%	62.23%	61.29%
Operating Margin	-7.11%	-6.93%	-2.86%	1.59%	4.46%
Profit Margin	-5.17%	-3.96%	-1.63%	1.79%	3.72%
Free Cash Flow Margin	5.26%	3.77%	2.73%	3.85%	-0.15%
EBITDA	-4.49	-4.92	2.2	15.01	25.62
EBITDA Margin	-1.90%	-1.99%	0.77%	5.00%	8.00%
D&A For EBITDA	12.31	12.2	10.31	10.24	11.32
EBIT	-16.8	-17.12	-8.11	4.78	14.3
EBIT Margin	-7.11%	-6.93%	-2.86%	1.59%	4.46%
Effective Tax Rate	-	-	-	40.89%	23.98%

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