Apex Ace Holding Limited (HKG:6036)

Apex Ace Holding Income Statement

Financials in millions HKD. 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	3,052	2,530	2,689	2,640	1,756
Revenue Growth (YoY)	20.64%	-5.92%	1.86%	50.34%	-9.34%
Cost of Revenue	2,874	2,366	2,574	2,414	1,617
Gross Profit	177.71	164	114.88	226.07	139.03
Selling, General & Admin	145.58	127.98	134.3	160.33	121.7
Operating Expenses	138.39	136.17	126.7	200.72	140.48
Operating Income	39.32	27.83	-11.83	25.35	-1.46
Interest Expense	-31.98	-28.57	-15.4	-6.68	-5.69
Interest & Investment Income	1.48	0.89	0.18	0.34	2.01
Other Non Operating Income (Expenses)	-2.89	-3.02	-3.51	6.43	7.09
EBT Excluding Unusual Items	5.93	-2.88	-30.55	25.45	1.96
Asset Writedown	-1.8	-3	0.2	-	-0.7
Other Unusual Items	-0.47	0.67	-3.52	-2.35	0.51
Pretax Income	3.66	-5.2	-33.87	23.11	1.77
Income Tax Expense	-2.56	4.96	-0.83	6.49	1.65
Earnings From Continuing Operations	6.22	-10.16	-33.04	16.62	0.12
Minority Interest in Earnings	0.5	-6	0.65	-9.89	-5.24
Net Income	6.72	-16.16	-32.39	6.74	-5.12
Preferred Dividends & Other Adjustments	0.05	0.05	0.05	-	-
Net Income to Common	6.67	-16.21	-32.44	6.74	-5.12
Shares Outstanding (Basic)	1,055	1,059	1,036	1,000	1,000
Shares Outstanding (Diluted)	1,088	1,059	1,036	1,003	1,000
Shares Change (YoY)	2.71%	2.19%	3.37%	0.27%	-
EPS (Basic)	0.01	-0.02	-0.03	0.01	-0.01
EPS (Diluted)	0.00	-0.02	-0.03	0.01	-0.01
Free Cash Flow	254.97	-280.65	25.83	1.73	-230.4
Free Cash Flow Per Share	0.23	-0.27	0.03	0.00	-0.23
Gross Margin	5.82%	6.48%	4.27%	8.56%	7.92%
Operating Margin	1.29%	1.10%	-0.44%	0.96%	-0.08%
Profit Margin	0.22%	-0.64%	-1.21%	0.26%	-0.29%
Free Cash Flow Margin	8.35%	-11.09%	0.96%	0.07%	-13.12%
EBITDA	49.74	37.96	-1.77	34.24	4.86
EBITDA Margin	1.63%	1.50%	-0.07%	1.30%	0.28%
D&A For EBITDA	10.42	10.13	10.05	8.89	6.31
EBIT	39.32	27.83	-11.83	25.35	-1.46
EBIT Margin	1.29%	1.10%	-0.44%	0.96%	-0.08%
Effective Tax Rate	-	-	-	28.07%	93.17%

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.