Innovax Holdings Limited (HKG:2680)

Innovax Holdings Income Statement

Financials in millions HKD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 31, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Interest and Dividend Income	4.13	4.36	6.65	14.97	13.47	7.85
Total Interest Expense	0.1	0.09	0.04	0.27	0.06	0.18
Net Interest Income	4.04	4.27	6.61	14.7	13.41	7.67
Brokerage Commission	4.18	2.87	3	3.13	1.9	2.47
Asset Management Fee	1.49	0.49	0.43	0.46	0.55	1.53
Underwriting & Investment Banking Fee	76.17	159.96	22.65	26.98	19.03	71.83
Revenue Before Loan Losses	85.87	167.59	32.69	45.26	34.9	83.5
Provision for Loan Losses	0.26	0.28	0	0.03	0.04	-0.45
Revenue	85.61	167.31	32.68	45.24	34.86	83.95
Revenue Growth (YoY)	-25.07%	411.89%	-27.75%	29.77%	-58.47%	-12.96%
Salaries & Employee Benefits	23.12	22.16	41.37	41.39	37.39	72.61
Other Operating Expenses	76.56	158.46	15.06	12.65	9.72	17.13
Total Operating Expenses	100.91	181.91	57.97	56.85	51.77	93.72
Operating Income	-15.3	-14.61	-25.29	-11.61	-16.91	-9.77
Other Non-Operating Income (Expenses)	4.88	5.41	4.64	3.68	4.03	3.54
EBT Excluding Unusual Items	-10.42	-9.2	-20.65	-7.93	-12.88	-6.23
Gain (Loss) on Sale of Investments	16.31	-26.09	22.42	0.63	-8.37	6.21
Other Unusual Items	-	-	-	0.73	-	2.55
Pretax Income	5.88	-35.29	1.78	-6.58	-21.25	2.52
Income Tax Expense	-	-	-	-	1.27	0.14
Net Income	5.88	-35.29	1.78	-6.58	-22.52	2.38
Net Income to Common	5.88	-35.29	1.78	-6.58	-22.52	2.38
Net Income Growth	-	-	-	-	-	48.10%
Shares Outstanding (Basic)	57	51	49	40	40	40
Shares Outstanding (Diluted)	57	51	49	40	40	40
Shares Change (YoY)	8.02%	5.71%	21.34%	-	-	-
EPS (Basic)	0.10	-0.69	0.04	-0.16	-0.56	0.06
EPS (Diluted)	0.10	-0.69	0.04	-0.16	-0.56	0.06
EPS Growth	-	-	-	-	-	48.75%
Free Cash Flow	-29.45	-29.32	22.74	29.72	-6.9	-27.36
Free Cash Flow Per Share	-0.52	-0.57	0.47	0.74	-0.17	-0.68
Operating Margin	-17.87%	-8.73%	-77.37%	-25.66%	-48.50%	-11.64%
Profit Margin	6.87%	-21.09%	5.43%	-14.54%	-64.59%	2.83%
Free Cash Flow Margin	-34.40%	-17.52%	69.56%	65.70%	-19.80%	-32.60%
Effective Tax Rate	-	-	-	-	-	5.59%
Revenue as Reported	85.97	167.68	32.73	45.54	34.96	83.68

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