BenQ BM Holding Cayman Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2,718	2,659	2,688	2,336
Revenue Growth (YoY)	2.23%	-1.07%	15.03%	-
Cost of Revenue	2,294	2,177	2,197	1,968
Gross Profit	424.07	482.04	490.79	368.26
Selling, General & Admin	273.27	288.85	208.55	189.03
Other Operating Expenses	-6.34	-2.42	17.85	-1.53
Operating Expenses	266.2	285.83	226.69	192.92
Operating Income	157.87	196.21	264.09	175.33
Interest Expense	-14.02	-8.93	-8.62	-16.68
Interest & Investment Income	3.31	5.84	4.39	1.19
Earnings From Equity Investments	-12.97	-23.41	-23.85	-22.14
Currency Exchange Gain (Loss)	-0.01	-0.41	-1.58	-9.87
EBT Excluding Unusual Items	134.19	169.3	234.44	127.84
Gain (Loss) on Sale of Assets	-1.59	-1.26	-0.35	-0.22
Legal Settlements	7.75	-	-	-
Pretax Income	140.34	168.03	234.1	127.61
Income Tax Expense	45.41	59.11	66.65	38.06
Net Income	94.94	108.92	167.45	89.55
Net Income to Common	94.94	108.92	167.45	89.55
Net Income Growth	-12.84%	-34.95%	86.99%	-
Shares Outstanding (Basic)	247	245	245	245
Shares Outstanding (Diluted)	248	247	247	247
Shares Change (YoY)	0.34%	-0.03%	0.02%	-
EPS (Basic)	0.38	0.44	0.68	0.37
EPS (Diluted)	0.38	0.44	0.68	0.36
EPS Growth	-13.64%	-35.29%	88.89%	-
Free Cash Flow	42.84	-36.35	7.5	63.85
Free Cash Flow Per Share	0.17	-0.15	0.03	0.26
Gross Margin	15.60%	18.13%	18.26%	15.76%
Operating Margin	5.81%	7.38%	9.83%	7.50%
Profit Margin	3.49%	4.10%	6.23%	3.83%
Free Cash Flow Margin	1.58%	-1.37%	0.28%	2.73%
EBITDA	344.83	359.75	414.37	316.63
EBITDA Margin	12.68%	13.53%	15.42%	13.55%
D&A For EBITDA	186.96	163.54	150.28	141.3
EBIT	157.87	196.21	264.09	175.33
EBIT Margin	5.81%	7.38%	9.83%	7.50%
Effective Tax Rate	32.35%	35.18%	28.47%	29.83%