Steve Leung Design 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	422.7	367.7	355.8	381	455.04
Revenue Growth (YoY)	14.96%	3.34%	-6.61%	-16.27%	5.10%
Cost of Revenue	261.37	220.87	216.53	241.75	266.14
Gross Profit	161.33	146.82	139.27	139.25	188.9
Selling, General & Admin	127.54	125.22	128.07	166.15	151.94
Operating Expenses	143.5	131.66	152.8	196.5	192.11
Operating Income	17.83	15.16	-13.53	-57.25	-3.21
Interest Expense	-1.96	-3.57	-4.43	-3.68	-4.01
Interest & Investment Income	0.18	0.26	0.35	0.43	0.95
Earnings From Equity Investments	0.27	-	-	-	-
Currency Exchange Gain (Loss)	-0.05	-1.88	-0.22	-5.08	3.19
Other Non Operating Income (Expenses)	5.73	2.51	1.14	2.76	6.23
EBT Excluding Unusual Items	22.01	12.48	-16.68	-62.82	3.15
Gain (Loss) on Sale of Investments	-	-	-	-	0.31
Gain (Loss) on Sale of Assets	-1.1	0.04	-0.21	-0.02	-0.07
Legal Settlements	-	-2.24	-	-	-
Other Unusual Items	0.31	-	-0.39	3.11	2.15
Pretax Income	21.21	10.28	-17.29	-59.73	5.54
Income Tax Expense	11.13	9.08	2.69	0.16	3.89
Earnings From Continuing Operations	10.08	1.21	-19.98	-59.89	1.65
Minority Interest in Earnings	1.11	0.6	1.13	-2.55	1.29
Net Income	11.19	1.81	-18.84	-62.44	2.94
Net Income to Common	11.19	1.81	-18.84	-62.44	2.94
Net Income Growth	519.89%	-	-	-	-91.23%
Shares Outstanding (Basic)	1,141	1,141	1,141	1,141	1,141
Shares Outstanding (Diluted)	1,141	1,141	1,141	1,141	1,152
Shares Change (YoY)	-	-	-	-0.89%	-0.43%
EPS (Basic)	0.01	0.00	-0.02	-0.05	0.00
EPS (Diluted)	0.01	0.00	-0.02	-0.05	0.00
EPS Growth	519.86%	-	-	-	-91.12%
Free Cash Flow	45.92	27.44	20.64	-39.47	60.96
Free Cash Flow Per Share	0.04	0.02	0.02	-0.04	0.05
Gross Margin	38.17%	39.93%	39.14%	36.55%	41.51%
Operating Margin	4.22%	4.12%	-3.80%	-15.03%	-0.71%
Profit Margin	2.65%	0.49%	-5.29%	-16.39%	0.65%
Free Cash Flow Margin	10.86%	7.46%	5.80%	-10.36%	13.40%
EBITDA	22.11	20.2	-8.49	-46.3	10.52
EBITDA Margin	5.23%	5.49%	-2.39%	-12.15%	2.31%
D&A For EBITDA	4.28	5.04	5.04	10.95	13.73
EBIT	17.83	15.16	-13.53	-57.25	-3.21
EBIT Margin	4.22%	4.12%	-3.80%	-15.03%	-0.71%
Effective Tax Rate	52.47%	88.27%	-	-	70.26%

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