Global Corn Group Limited (HKG:3889)

Global Corn Group 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	491.02	623.46	440.81	359.57	728.1
Revenue Growth (YoY)	-21.24%	41.43%	22.60%	-50.62%	-5.32%
Cost of Revenue	445.61	591.09	404.19	332.29	686.51
Gross Profit	45.41	32.37	36.62	27.28	41.59
Selling, General & Admin	86.72	100.49	91.71	100.35	145.67
Other Operating Expenses	79.59	81.29	36.85	48.79	61.64
Operating Expenses	166.31	181.78	128.56	149.14	207.31
Operating Income	-120.9	-149.41	-91.94	-121.86	-165.72
Interest Expense	-56.03	-34.55	-42.44	-41.04	-77.9
Interest & Investment Income	0.01	0.04	0.03	0.02	0.15
Currency Exchange Gain (Loss)	-	2.54	0.16	0.77	-
Other Non Operating Income (Expenses)	45.49	28.8	11.28	13.27	17.26
EBT Excluding Unusual Items	-131.43	-152.59	-122.91	-148.84	-226.21
Gain (Loss) on Sale of Assets	1.25	42.22	-	-	-
Asset Writedown	-	-	-21.28	-	-
Other Unusual Items	-	167.62	-	-	128.28
Pretax Income	-130.18	57.25	-144.19	-148.84	-97.93
Income Tax Expense	1.69	-9.37	-4.37	-7.43	-1.67
Earnings From Continuing Operations	-131.87	66.62	-139.82	-141.41	-96.26
Earnings From Discontinued Operations	-	-	429.34	-71.08	-
Net Income to Company	-131.87	66.62	289.52	-212.49	-96.26
Net Income	-131.87	66.62	289.52	-212.49	-96.26
Net Income to Common	-131.87	66.62	289.52	-212.49	-96.26
Net Income Growth	-	-76.99%	-	-	-
Shares Outstanding (Basic)	1,930	1,748	1,528	1,528	1,528
Shares Outstanding (Diluted)	1,930	2,251	1,528	1,528	1,528
Shares Change (YoY)	-14.25%	47.35%	-	-	-
EPS (Basic)	-0.07	0.04	0.19	-0.14	-0.06
EPS (Diluted)	-0.07	0.03	0.19	-0.14	-0.06
EPS Growth	-	-85.31%	-	-	-
Free Cash Flow	-	-192.38	87.8	13.14	-285.45
Free Cash Flow Per Share	-	-0.09	0.06	0.01	-0.19
Gross Margin	9.25%	5.19%	8.31%	7.59%	5.71%
Operating Margin	-24.62%	-23.96%	-20.86%	-33.89%	-22.76%
Profit Margin	-26.86%	10.69%	65.68%	-59.10%	-13.22%
Free Cash Flow Margin	-	-30.86%	19.92%	3.65%	-39.20%
EBITDA	-96.46	-124.98	-34.08	-67.73	-104.54
EBITDA Margin	-19.65%	-20.05%	-7.73%	-18.83%	-14.36%
D&A For EBITDA	24.43	24.43	57.87	54.14	61.18
EBIT	-120.9	-149.41	-91.94	-121.86	-165.72
EBIT Margin	-24.62%	-23.96%	-20.86%	-33.89%	-22.76%

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