Link Holdings 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	13.29	41.66	58.33	33.33	49.72
Revenue Growth (YoY)	-68.10%	-28.58%	75.01%	-32.96%	-13.71%
Cost of Revenue	10.77	23.8	20.63	15.97	22.83
Gross Profit	2.52	17.86	37.71	17.36	26.89
Selling, General & Admin	23.29	52.84	80	39.05	42.35
Operating Expenses	23.29	52.84	80	39.05	42.35
Operating Income	-20.76	-34.97	-42.3	-21.69	-15.47
Interest Expense	-4.32	-57.84	-38.93	-22.37	-23.21
Interest & Investment Income	0	0	0	0.1	0
Other Non Operating Income (Expenses)	-12.66	-8.5	-4.27	0.01	-3.53
EBT Excluding Unusual Items	-37.74	-101.31	-85.49	-43.96	-42.2
Gain (Loss) on Sale of Assets	-	-1.93	-	-	0.03
Asset Writedown	-62.41	-57.38	-4.32	-10.8	-76.24
Other Unusual Items	-	7.34	2.67	-	5.49
Pretax Income	-100.15	-153.27	-87.14	-54.76	-112.9
Income Tax Expense	-12.01	-2.37	1.43	0.31	2.87
Earnings From Continuing Operations	-88.14	-150.91	-88.56	-55.07	-115.77
Earnings From Discontinued Operations	262.37	-	-	-	-
Net Income to Company	174.23	-150.91	-88.56	-55.07	-115.77
Minority Interest in Earnings	4.08	4.45	0.32	0.78	2.7
Net Income	178.31	-146.46	-88.25	-54.29	-113.07
Net Income to Common	178.31	-146.46	-88.25	-54.29	-113.07
Shares Outstanding (Basic)	186	168	164	140	140
Shares Outstanding (Diluted)	186	168	164	140	140
Shares Change (YoY)	10.79%	2.24%	17.37%	-	-
EPS (Basic)	0.96	-0.87	-0.54	-0.39	-0.81
EPS (Diluted)	0.96	-0.87	-0.54	-0.39	-0.81
Free Cash Flow	-	-18.3	-25.72	-8.13	27.42
Free Cash Flow Per Share	-	-0.11	-0.16	-0.06	0.20
Gross Margin	18.99%	42.87%	64.64%	52.08%	54.08%
Operating Margin	-156.22%	-83.95%	-72.51%	-65.08%	-31.11%
Profit Margin	1341.59%	-351.55%	-151.28%	-162.88%	-227.41%
Free Cash Flow Margin	-	-43.92%	-44.10%	-24.39%	55.14%
EBITDA	-8.95	-23.16	-32.57	-9.57	-2.05
EBITDA Margin	-67.36%	-55.60%	-55.84%	-28.71%	-4.12%
D&A For EBITDA	11.81	11.81	9.72	12.12	13.42
EBIT	-20.76	-34.97	-42.3	-21.69	-15.47
EBIT Margin	-156.22%	-83.95%	-72.51%	-65.08%	-31.11%

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