Modern Dental Group Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	3,497	3,364	3,172	2,830	2,955	2,190	Upgrade
Revenue Growth (YoY)	6.87%	6.05%	12.08%	-4.23%	34.93%	-8.72%	Upgrade
Cost of Revenue	1,607	1,565	1,471	1,447	1,405	1,100	Upgrade
Gross Profit	1,890	1,799	1,701	1,383	1,551	1,090	Upgrade
Selling, General & Admin	1,251	1,218	1,162	1,077	1,057	833.49	Upgrade
Other Operating Expenses	1.36	1.73	0.59	0.42	0.66	0.24	Upgrade
Operating Expenses	1,252	1,220	1,163	1,078	1,057	833.74	Upgrade
Operating Income	638.13	578.81	538.1	305.67	493.21	256.25	Upgrade
Interest Expense	-47.25	-51.32	-40.74	-24.33	-20.1	-29.83	Upgrade
Interest & Investment Income	8.52	9.17	1.89	1.12	1.16	1.26	Upgrade
Earnings From Equity Investments	-0.21	-1.16	-0.29	0.39	0.54	-1.54	Upgrade
Currency Exchange Gain (Loss)	3.7	-26.22	-2.87	-6.63	-17.3	10.18	Upgrade
Other Non Operating Income (Expenses)	20.63	20.32	13.99	14.85	7.68	9.89	Upgrade
EBT Excluding Unusual Items	623.51	529.61	510.07	291.07	465.19	246.21	Upgrade
Merger & Restructuring Charges	-13.42	-	-	-	-	-	Upgrade
Impairment of Goodwill	-	-	-	-	-	-150.13	Upgrade
Gain (Loss) on Sale of Assets	-0.62	0.13	-0.55	-0.4	-0.5	1.52	Upgrade
Asset Writedown	-2.24	-2.76	-0.7	-0.12	-0.61	-0.32	Upgrade
Other Unusual Items	0.21	0.16	0.76	-0.41	0.01	26.94	Upgrade
Pretax Income	607.45	527.14	509.59	290.15	464.09	124.22	Upgrade
Income Tax Expense	126.21	120.2	107.41	69.6	103.71	16.57	Upgrade
Earnings From Continuing Operations	481.24	406.94	402.18	220.55	360.38	107.66	Upgrade
Minority Interest in Earnings	-3.24	1.06	1.93	-0.09	0.45	0.1	Upgrade
Net Income	478	408	404.1	220.46	360.83	107.76	Upgrade
Net Income to Common	478	408	404.1	220.46	360.83	107.76	Upgrade
Net Income Growth	17.11%	0.97%	83.30%	-38.90%	234.83%	-33.30%	Upgrade
Shares Outstanding (Basic)	938	945	952	956	957	962	Upgrade
Shares Outstanding (Diluted)	938	945	952	956	957	962	Upgrade
Shares Change (YoY)	-1.36%	-0.72%	-0.43%	-0.12%	-0.49%	-1.86%	Upgrade
EPS (Basic)	0.51	0.43	0.42	0.23	0.38	0.11	Upgrade
EPS (Diluted)	0.51	0.43	0.42	0.23	0.38	0.11	Upgrade
EPS Growth	18.86%	1.81%	83.87%	-38.83%	236.56%	-32.05%	Upgrade
Free Cash Flow	-	379.37	416.04	72.91	383.69	327.73	Upgrade
Free Cash Flow Per Share	-	0.40	0.44	0.08	0.40	0.34	Upgrade
Dividend Per Share	0.199	0.172	0.150	0.081	0.119	0.070	Upgrade
Dividend Growth	17.06%	14.67%	85.19%	-31.93%	70.00%	32.07%	Upgrade
Gross Margin	54.06%	53.47%	53.62%	48.88%	52.47%	49.77%	Upgrade
Operating Margin	18.25%	17.21%	16.96%	10.80%	16.69%	11.70%	Upgrade
Profit Margin	13.67%	12.13%	12.74%	7.79%	12.21%	4.92%	Upgrade
Free Cash Flow Margin	-	11.28%	13.12%	2.58%	12.98%	14.96%	Upgrade
EBITDA	715.94	659.62	624.6	400.12	584.79	343.25	Upgrade
EBITDA Margin	20.47%	19.61%	19.69%	14.14%	19.79%	15.67%	Upgrade
D&A For EBITDA	77.81	80.81	86.5	94.45	91.57	86.99	Upgrade
EBIT	638.13	578.81	538.1	305.67	493.21	256.25	Upgrade
EBIT Margin	18.25%	17.21%	16.96%	10.80%	16.69%	11.70%	Upgrade
Effective Tax Rate	20.78%	22.80%	21.08%	23.99%	22.35%	13.33%	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.