Powerwin Tech Group Limited (HKG:2405)

Powerwin Tech Group Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	13.46	21.5	16.43	14.35	11.69
Revenue Growth (YoY)	-37.42%	30.89%	14.52%	22.76%	22.61%
Cost of Revenue	2.19	2.3	2.57	2.18	1.45
Gross Profit	11.26	19.2	13.86	12.17	10.24
Selling, General & Admin	4.58	5.52	5.32	4.01	1.68
Other Operating Expenses	-0	-0.01	-0.01	-	-0.01
Operating Expenses	5.31	6.97	5.6	4.17	2.44
Operating Income	5.95	12.23	8.25	8	7.8
Interest Expense	-6	-4.15	-1.91	-1.19	-0.9
Interest & Investment Income	0.48	0.33	0.02	0	0
Currency Exchange Gain (Loss)	-0.01	-0.03	-0.01	-0.01	-0.01
EBT Excluding Unusual Items	0.42	8.39	6.35	6.81	6.89
Gain (Loss) on Sale of Investments	0.16	0.07	0.06	0.06	0.06
Pretax Income	0.58	8.46	6.41	6.86	6.95
Income Tax Expense	0.04	1.27	0.92	1.09	1.06
Net Income	0.54	7.19	5.49	5.78	5.89
Net Income to Common	0.54	7.19	5.49	5.78	5.89
Net Income Growth	-92.43%	30.78%	-4.87%	-1.97%	13.20%
Shares Outstanding (Basic)	800	750	600	600	-
Shares Outstanding (Diluted)	800	750	600	600	-
Shares Change (YoY)	6.67%	25.00%	-	-	-
EPS (Basic)	0.00	0.01	0.01	0.01	-
EPS (Diluted)	0.00	0.01	0.01	0.01	-
EPS Growth	-92.90%	4.63%	-4.87%	-	-
Free Cash Flow	-19.56	-46.49	33.49	-28.19	11.96
Free Cash Flow Per Share	-0.02	-0.06	0.06	-0.05	-
Gross Margin	83.70%	89.30%	84.33%	84.82%	87.60%
Operating Margin	44.24%	56.89%	50.23%	55.79%	66.74%
Profit Margin	4.04%	33.41%	33.44%	40.26%	50.41%
Free Cash Flow Margin	-145.33%	-216.18%	203.83%	-196.47%	102.34%
EBITDA	5.98	12.26	8.27	8.02	7.8
EBITDA Margin	44.45%	56.99%	50.35%	55.89%	66.77%
D&A For EBITDA	0.03	0.02	0.02	0.01	0
EBIT	5.95	12.23	8.25	8	7.8
EBIT Margin	44.24%	56.89%	50.23%	55.79%	66.74%
Effective Tax Rate	6.37%	15.05%	14.30%	15.83%	15.27%

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