HKG:7489 Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	38,798	20,603	14,046
Revenue Growth (YoY)	88.31%	46.69%	-
Cost of Revenue	30,679	16,277	12,048
Gross Profit	8,119	4,326	1,998
Selling, General & Admin	6,863	4,666	3,657
Research & Development	1,513	866.84	739.99
Operating Expenses	8,376	5,534	4,411
Operating Income	-256.66	-1,207	-2,413
Interest Expense	-98.28	-110.2	-45.77
Interest & Investment Income	73.1	69.03	60.33
Other Non Operating Income (Expenses)	1,376	944.73	284.58
EBT Excluding Unusual Items	1,094	-303.78	-2,114
Gain (Loss) on Sale of Assets	93.25	50.64	9.96
Asset Writedown	-	-3.19	-43.61
Pretax Income	1,188	-256.33	-2,148
Income Tax Expense	55.44	-160.06	-500.23
Net Income	1,132	-96.26	-1,648
Net Income to Common	1,132	-96.26	-1,648
Shares Outstanding (Basic)	3,360	3,093	3,093
Shares Outstanding (Diluted)	3,360	3,093	3,093
Shares Change (YoY)	8.63%	-	-
EPS (Basic)	0.34	-0.03	-0.53
EPS (Diluted)	0.34	-0.03	-0.53
Free Cash Flow	2,084	1,768	1,559
Free Cash Flow Per Share	0.62	0.57	0.50
Gross Margin	20.93%	21.00%	14.22%
Operating Margin	-0.66%	-5.86%	-17.18%
Profit Margin	2.92%	-0.47%	-11.73%
Free Cash Flow Margin	5.37%	8.58%	11.10%
EBITDA	2,375	465.66	-1,332
EBITDA Margin	6.12%	2.26%	-9.49%
D&A For EBITDA	2,632	1,673	1,081
EBIT	-256.66	-1,207	-2,413
EBIT Margin	-0.66%	-5.86%	-17.18%
Effective Tax Rate	4.67%	-	-

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