HKG:8148 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	94.56	57.31	24.49	21.44	20.26
Revenue	94.56	57.31	24.49	21.44	20.26
Revenue Growth (YoY)	64.98%	134.00%	14.26%	5.82%	-2.28%
Cost of Revenue	37.37	23.38	8.85	8.74	11.89
Gross Profit	57.18	33.93	15.64	12.7	8.37
Selling, General & Admin	33.7	25.85	10.62	8.77	19.55
Research & Development	11.68	12	11.4	8.59	5.08
Other Operating Expenses	-1.63	-0.01	-0.1	-0.07	-0.24
Operating Expenses	44.26	38	21.98	17.22	24.4
Operating Income	12.92	-4.07	-6.34	-4.52	-16.03
Interest Expense	-0.15	-0.33	-0.89	-0.27	-1.46
Interest & Investment Income	0	0	-	-	-
Currency Exchange Gain (Loss)	-	-	-	0.08	-0.03
Other Non Operating Income (Expenses)	-0.02	-0.04	-	-	-
EBT Excluding Unusual Items	12.76	-4.44	-7.23	-4.72	-17.52
Impairment of Goodwill	-	-	-1.73	-18.51	-
Gain (Loss) on Sale of Assets	-	-	0.01	-	11.44
Asset Writedown	-	-0.14	-1.55	-	-3.68
Other Unusual Items	-	0.58	-	1.07	-
Pretax Income	12.76	-4	-10.5	-22.15	-9.76
Income Tax Expense	3.53	0.17	-0.1	-0.11	1.22
Earnings From Continuing Operations	9.22	-4.17	-10.4	-22.05	-10.98
Earnings From Discontinued Operations	-	-1.42	1.07	0.08	-77.01
Net Income to Company	9.22	-5.59	-9.34	-21.97	-87.99
Minority Interest in Earnings	0.89	0.08	0.79	0.1	4.65
Net Income	10.12	-5.51	-8.54	-21.87	-83.34
Net Income to Common	10.12	-5.51	-8.54	-21.87	-83.34
Shares Outstanding (Basic)	402	236	127	127	127
Shares Outstanding (Diluted)	402	236	127	127	127
Shares Change (YoY)	70.41%	85.50%	-	-	-
EPS (Basic)	0.03	-0.02	-0.07	-0.17	-0.65
EPS (Diluted)	0.03	-0.02	-0.07	-0.17	-0.65
Free Cash Flow	-	4.2	-5.04	-1.24	-1
Free Cash Flow Per Share	-	0.02	-0.04	-0.01	-0.01
Gross Margin	60.47%	59.21%	63.86%	59.25%	41.31%
Operating Margin	13.66%	-7.09%	-25.89%	-21.08%	-79.13%
Profit Margin	10.70%	-9.61%	-34.88%	-102.02%	-411.38%
Free Cash Flow Margin	-	7.33%	-20.57%	-5.76%	-4.93%
EBITDA	13.01	-3.98	-6.17	-4.36	-12.51
EBITDA Margin	13.76%	-6.94%	-25.20%	-20.35%	-61.76%
D&A For EBITDA	0.09	0.09	0.17	0.16	3.52
EBIT	12.92	-4.07	-6.34	-4.52	-16.03
EBIT Margin	13.66%	-7.09%	-25.89%	-21.08%	-79.13%
Effective Tax Rate	27.69%	-	-	-	-

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