HKG:8112 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
Revenue	48.09	53.98	57.96	55.57	56.13
Revenue Growth (YoY)	-10.91%	-6.86%	4.30%	-1.01%	10.12%
Cost of Revenue	23.49	27.01	27.96	27.61	14.08
Gross Profit	24.6	26.97	30	27.96	42.05
Selling, General & Admin	53.05	67.95	72.55	57.13	48.74
Operating Expenses	55.64	73.48	79.44	62.75	52.42
Operating Income	-31.04	-46.51	-49.44	-34.79	-10.37
Interest Expense	-1.53	-0.98	-1.92	-1.54	-1.26
Interest & Investment Income	0.37	0.71	0.33	0.02	0
Other Non Operating Income (Expenses)	7.84	1.1	2.32	0.34	0.65
EBT Excluding Unusual Items	-24.36	-45.68	-48.71	-35.97	-10.97
Impairment of Goodwill	-	-	-2.78	-	-
Gain (Loss) on Sale of Investments	9.48	21.31	2.15	3.4	-0.38
Gain (Loss) on Sale of Assets	7.09	-	-	-	0.22
Asset Writedown	-8.43	-	-	-	-3
Legal Settlements	-	0.65	-	-	-
Other Unusual Items	-	3.29	0.85	1.05	1.68
Pretax Income	-16.22	-20.43	-48.49	-31.52	-12.45
Income Tax Expense	1.68	1.44	1.12	1.07	1.85
Earnings From Continuing Operations	-17.91	-21.87	-49.61	-32.6	-14.3
Net Income to Company	-17.91	-21.87	-49.61	-32.6	-14.3
Minority Interest in Earnings	-0.75	0.93	0.97	0.61	-1.24
Net Income	-18.66	-20.94	-48.64	-31.99	-15.54
Net Income to Common	-18.66	-20.94	-48.64	-31.99	-15.54
Shares Outstanding (Basic)	229	229	229	175	57
Shares Outstanding (Diluted)	229	229	229	175	57
Shares Change (YoY)	-	-	30.81%	205.79%	-
EPS (Basic)	-0.08	-0.09	-0.21	-0.18	-0.27
EPS (Diluted)	-0.08	-0.09	-0.21	-0.18	-0.27
Free Cash Flow	6.54	-37.96	-23.67	-25.68	27.77
Free Cash Flow Per Share	0.03	-0.17	-0.10	-0.15	0.48
Gross Margin	51.15%	49.96%	51.75%	50.32%	74.91%
Operating Margin	-64.54%	-86.15%	-85.31%	-62.60%	-18.47%
Profit Margin	-38.80%	-38.79%	-83.91%	-57.56%	-27.69%
Free Cash Flow Margin	13.59%	-70.32%	-40.84%	-46.21%	49.47%
EBITDA	-30.85	-46.07	-48.95	-33.85	-9.11
EBITDA Margin	-64.15%	-85.34%	-84.45%	-60.91%	-16.23%
D&A For EBITDA	0.19	0.44	0.5	0.94	1.26
EBIT	-31.04	-46.51	-49.44	-34.79	-10.37
EBIT Margin	-64.54%	-86.15%	-85.31%	-62.60%	-18.47%

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