ETS Group 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	77.85	80.73	77.13	86.13	98.76
Other Revenue	3.73	13.94	-1.23	-0.82	-10.39
Revenue	81.58	94.66	75.9	85.31	88.37
Revenue Growth (YoY)	-13.82%	24.72%	-11.03%	-3.46%	-15.47%
Cost of Revenue	74.04	77.97	65.49	69.95	73.5
Gross Profit	7.55	16.69	10.41	15.36	14.88
Selling, General & Admin	0.15	0.6	2.84	2.76	0.14
Other Operating Expenses	12.3	3.06	3.62	11.67	22.02
Operating Expenses	15.84	6.99	8.56	18.22	31.5
Operating Income	-8.29	9.7	1.86	-2.86	-16.62
Interest Expense	-0.09	-0.19	-0.68	-1.09	-0.5
Earnings From Equity Investments	-0.21	-0.25	-0.25	-0.17	-
Currency Exchange Gain (Loss)	-	-	-	-0	-0
EBT Excluding Unusual Items	-8.59	9.26	0.93	-4.12	-17.12
Gain (Loss) on Sale of Investments	-	-	-	-11.06	-
Gain (Loss) on Sale of Assets	-	-	-	-0.01	-0.62
Other Unusual Items	-	-	-	6.12	-
Pretax Income	-8.59	9.26	0.93	-9.07	-17.75
Income Tax Expense	-0.03	0.86	0.13	0.22	0.87
Earnings From Continuing Operations	-8.57	8.41	0.8	-9.3	-18.62
Earnings From Discontinued Operations	-	9.1	-8.72	-	-
Net Income	-8.57	17.51	-7.92	-9.3	-18.62
Net Income to Common	-8.57	17.51	-7.92	-9.3	-18.62
Shares Outstanding (Basic)	296	296	286	280	280
Shares Outstanding (Diluted)	296	296	286	280	280
Shares Change (YoY)	-	3.34%	2.17%	-	-
EPS (Basic)	-0.03	0.06	-0.03	-0.03	-0.07
EPS (Diluted)	-0.03	0.06	-0.03	-0.03	-0.07
Free Cash Flow	-	13.88	5.15	25.22	-9.83
Free Cash Flow Per Share	-	0.05	0.02	0.09	-0.04
Dividend Per Share	-	-	0.150	0.015	-
Dividend Growth	-	-	900.00%	-	-
Gross Margin	9.25%	17.63%	13.72%	18.01%	16.84%
Operating Margin	-10.16%	10.24%	2.44%	-3.35%	-18.81%
Profit Margin	-10.50%	18.50%	-10.44%	-10.90%	-21.07%
Free Cash Flow Margin	-	14.66%	6.78%	29.56%	-11.13%
EBITDA	-8.12	9.87	2.04	-2.54	-16.2
EBITDA Margin	-9.95%	10.42%	2.69%	-2.98%	-18.33%
D&A For EBITDA	0.17	0.17	0.19	0.32	0.42
EBIT	-8.29	9.7	1.86	-2.86	-16.62
EBIT Margin	-10.16%	10.24%	2.44%	-3.35%	-18.81%
Effective Tax Rate	-	9.23%	14.12%	-	-

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