B.Duck Semk Holdings International Limited (HKG:2250)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
E-Commerce and Other	91.91M	68.46M	60.58M	68.86M	123.43M
E-Commerce and Other Growth	34.27%	13.01%	-12.03%	-44.21%	-8.89%
Character Licensing	82.08M	62.65M	70.91M	126.06M	170.62M
Character Licensing Growth	31.01%	-11.64%	-43.75%	-26.11%	65.41%
Inter-Segment Revenue	-1.46M	-2.58M	-1.94M	-2.32M	-4.02M
Total	172.54M	128.53M	129.54M	192.61M	290.02M
Total Growth	34.24%	-0.78%	-32.74%	-33.59%	21.54%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Mainland China	158.52M	121.46M	123.02M	183.14M	280.66M
Mainland China Growth	30.51%	-1.27%	-32.83%	-34.74%	23.54%
Hong Kong	2.22M	2.21M	2.42M	8.12M	7.80M
Hong Kong Growth	0.18%	-8.64%	-70.19%	4.04%	82.64%
Southeast Asia and Taiwan	9.09M	4.39M	4.03M	1.25M	1.45M
Southeast Asia and Taiwan Growth	106.99%	8.96%	222.92%	-13.69%	-16.94%
Others	2.71M	464.00K	71.00K	97.00K	116.00K
Others Growth	483.84%	553.52%	-26.80%	-16.38%	-53.97%
Total	172.54M	128.53M	129.54M	192.61M	290.02M
Total Growth	34.24%	-0.78%	-32.74%	-33.59%	24.20%

Source: S&P Global Market Intelligence.