HKG:8391 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	125.21	153.13	78.13	31.83	55.03
Revenue Growth (YoY)	-18.23%	95.98%	145.49%	-42.17%	6.22%
Cost of Revenue	94.15	125.85	63.91	28.58	48.07
Gross Profit	31.07	27.28	14.22	3.24	6.96
Selling, General & Admin	65.44	68.49	59.24	55.9	60.52
Research & Development	-	-	-	1.83	1.69
Operating Expenses	104.1	84.54	147.52	135.2	70.26
Operating Income	-73.04	-57.26	-133.29	-131.96	-63.29
Interest Expense	-22.44	-14.18	-2.44	-0.6	-1.22
Interest & Investment Income	0.06	0.11	0.19	0.04	0.14
Earnings From Equity Investments	-9.13	-0.07	-	-	-
Currency Exchange Gain (Loss)	-	-	0.08	-0.01	-0.04
Other Non Operating Income (Expenses)	-10.96	-73.01	0.28	0.29	3.48
EBT Excluding Unusual Items	-115.5	-144.41	-135.18	-132.24	-60.93
Gain (Loss) on Sale of Assets	0.05	0	28.6	-	-
Other Unusual Items	0.07	-	-	-	-
Pretax Income	-115.38	-144.4	-106.58	-132.24	-60.93
Income Tax Expense	-0.18	-0.17	-0.17	-2.27	1.07
Earnings From Continuing Operations	-115.21	-144.23	-106.41	-129.98	-62
Earnings From Discontinued Operations	-	-	-18.01	-31.21	-
Net Income to Company	-115.21	-144.23	-124.42	-161.19	-62
Minority Interest in Earnings	-	-	0.23	0.88	0.64
Net Income	-115.21	-144.23	-124.19	-160.31	-61.36
Net Income to Common	-115.21	-144.23	-124.19	-160.31	-61.36
Shares Outstanding (Basic)	969	915	826	678	587
Shares Outstanding (Diluted)	969	915	826	678	587
Shares Change (YoY)	5.96%	10.68%	21.86%	15.59%	28.48%
EPS (Basic)	-0.12	-0.16	-0.15	-0.24	-0.10
EPS (Diluted)	-0.12	-0.16	-0.15	-0.24	-0.10
Free Cash Flow	-	-76.51	-124.25	-58.41	-67
Free Cash Flow Per Share	-	-0.08	-0.15	-0.09	-0.11
Gross Margin	24.81%	17.82%	18.20%	10.19%	12.65%
Operating Margin	-58.33%	-37.39%	-170.60%	-414.61%	-115.01%
Profit Margin	-92.01%	-94.19%	-158.94%	-503.69%	-111.51%
Free Cash Flow Margin	-	-49.96%	-159.02%	-183.52%	-121.75%
EBITDA	-62.84	-47.06	-126.16	-128.6	-56.58
EBITDA Margin	-50.18%	-30.73%	-161.47%	-	-102.81%
D&A For EBITDA	10.2	10.2	7.13	3.36	6.71
EBIT	-73.04	-57.26	-133.29	-131.96	-63.29
EBIT Margin	-58.33%	-37.39%	-170.60%	-	-115.01%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.