HKG:8112 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
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
Revenue	54.82	53.98	57.96	55.57	56.13	50.97
Revenue Growth (YoY)	-1.50%	-6.86%	4.30%	-1.01%	10.12%	-44.62%
Cost of Revenue	28.81	27.01	27.96	27.61	14.08	32.85
Gross Profit	26.01	26.97	30	27.96	42.05	18.13
Selling, General & Admin	65.6	67.95	72.55	57.13	48.74	54.71
Operating Expenses	69.26	73.48	79.44	62.75	52.42	61.71
Operating Income	-43.25	-46.51	-49.44	-34.79	-10.37	-43.58
Interest Expense	-1.46	-0.98	-1.92	-1.54	-1.26	-1.23
Interest & Investment Income	0.71	0.71	0.33	0.02	0	0.44
Other Non Operating Income (Expenses)	2.41	1.1	2.32	0.34	0.65	2.24
EBT Excluding Unusual Items	-41.59	-45.68	-48.71	-35.97	-10.97	-42.13
Impairment of Goodwill	-	-	-2.78	-	-	-
Gain (Loss) on Sale of Investments	21.77	21.31	2.15	3.4	-0.38	-6.47
Gain (Loss) on Sale of Assets	-	-	-	-	0.22	-0
Asset Writedown	-	-	-	-	-3	-14.19
Legal Settlements	0.65	0.65	-	-	-	-
Other Unusual Items	3.29	3.29	0.85	1.05	1.68	5.18
Pretax Income	-15.88	-20.43	-48.49	-31.52	-12.45	-57.62
Income Tax Expense	1.6	1.44	1.12	1.07	1.85	1.58
Earnings From Continuing Operations	-17.47	-21.87	-49.61	-32.6	-14.3	-59.2
Net Income to Company	-17.47	-21.87	-49.61	-32.6	-14.3	-59.2
Minority Interest in Earnings	0.37	0.93	0.97	0.61	-1.24	1.12
Net Income	-17.11	-20.94	-48.64	-31.99	-15.54	-58.08
Net Income to Common	-17.11	-20.94	-48.64	-31.99	-15.54	-58.08
Shares Outstanding (Basic)	229	229	229	175	57	57
Shares Outstanding (Diluted)	229	229	229	175	57	57
Shares Change (YoY)	-	-	30.81%	205.79%	-	-
EPS (Basic)	-0.07	-0.09	-0.21	-0.18	-0.27	-1.01
EPS (Diluted)	-0.07	-0.09	-0.21	-0.18	-0.27	-1.01
Free Cash Flow	-20.83	-37.96	-23.67	-25.68	27.77	35.09
Free Cash Flow Per Share	-0.09	-0.17	-0.10	-0.15	0.48	0.61
Gross Margin	47.45%	49.96%	51.75%	50.32%	74.91%	35.56%
Operating Margin	-78.90%	-86.15%	-85.31%	-62.60%	-18.47%	-85.50%
Profit Margin	-31.21%	-38.79%	-83.91%	-57.56%	-27.69%	-113.95%
Free Cash Flow Margin	-38.00%	-70.32%	-40.84%	-46.21%	49.47%	68.84%
EBITDA	-42.94	-46.07	-48.95	-33.85	-9.11	-39.89
EBITDA Margin	-78.33%	-85.34%	-84.45%	-60.91%	-16.23%	-78.25%
D&A For EBITDA	0.31	0.44	0.5	0.94	1.26	3.69
EBIT	-43.25	-46.51	-49.44	-34.79	-10.37	-43.58
EBIT Margin	-78.90%	-86.15%	-85.31%	-62.60%	-18.47%	-85.50%

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