Times Universal Group Holdings Limited (HKG:2310)

HKG:2310 Income Statement

Financials in millions HKD. 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
Revenue	117.18	110.78	101.56	96.06	77.7
Revenue Growth (YoY)	5.78%	9.07%	5.73%	23.62%	32.14%
Cost of Revenue	93.32	82.43	76.06	72.8	58.69
Gross Profit	23.86	28.34	25.5	23.25	19.01
Selling, General & Admin	26.35	24.11	23.62	25.95	26.79
Amortization of Goodwill & Intangibles	1.66	1.66	1.78	3.6	4.17
Operating Expenses	27.44	32.03	26.92	35.61	36.37
Operating Income	-3.58	-3.69	-1.42	-12.36	-17.36
Interest Expense	-1.42	-2.76	-3.11	-4.7	-5.16
Interest & Investment Income	-	0.02	0.01	0.01	0.01
Earnings From Equity Investments	-	-	-1.12	-	-1.87
Currency Exchange Gain (Loss)	-	0.06	1.17	-	-
Other Non Operating Income (Expenses)	-	-0.22	1.6	1.08	-1.74
EBT Excluding Unusual Items	-5	-6.59	-2.88	-15.98	-26.13
Merger & Restructuring Charges	-	-	-	-	-0.2
Impairment of Goodwill	-	-	-1.16	-	-
Gain (Loss) on Sale of Investments	-	-	1.12	-14.92	-0.88
Gain (Loss) on Sale of Assets	-	-0.13	-	-	-
Asset Writedown	-	-	-0.17	-5.21	-1.8
Other Unusual Items	3.02	-	1	7.8	4.28
Pretax Income	-1.98	-6.72	-2.09	-28.31	-24.73
Income Tax Expense	-0.58	0.78	6.21	-4.13	-7.27
Earnings From Continuing Operations	-1.4	-7.5	-8.29	-24.19	-17.46
Earnings From Discontinued Operations	-	-	-	-4.16	-3.48
Net Income	-1.4	-7.5	-8.29	-28.35	-20.94
Net Income to Common	-1.4	-7.5	-8.29	-28.35	-20.94
Shares Outstanding (Basic)	1,093	1,093	1,093	1,093	1,093
Shares Outstanding (Diluted)	1,093	1,093	1,093	1,093	1,093
Shares Change (YoY)	-	-	-	-	18.23%
EPS (Basic)	-0.00	-0.01	-0.01	-0.03	-0.02
EPS (Diluted)	-0.00	-0.01	-0.01	-0.03	-0.02
Free Cash Flow	-	0.61	3.08	-8.05	-2.92
Free Cash Flow Per Share	-	0.00	0.00	-0.01	-0.00
Gross Margin	20.36%	25.59%	25.10%	24.21%	24.46%
Operating Margin	-3.05%	-3.33%	-1.40%	-12.86%	-22.34%
Profit Margin	-1.19%	-6.77%	-8.16%	-29.51%	-26.95%
Free Cash Flow Margin	-	0.55%	3.03%	-8.38%	-3.76%
EBITDA	1.77	1.66	2.77	-6.12	-10.21
EBITDA Margin	1.51%	1.50%	2.73%	-6.37%	-13.14%
D&A For EBITDA	5.35	5.35	4.19	6.24	7.15
EBIT	-3.58	-3.69	-1.42	-12.36	-17.36
EBIT Margin	-3.05%	-3.33%	-1.40%	-12.86%	-22.34%

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