HKG:8431 Income Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	41.21	24.51	21.88	15.6	6.46	26.59
Revenue Growth (YoY)	156.20%	11.98%	40.32%	141.50%	-75.72%	-69.47%
Cost of Revenue	25.66	15.82	16.44	12.11	4.84	24.24
Gross Profit	15.55	8.68	5.45	3.49	1.62	2.36
Selling, General & Admin	6.29	6.01	11.92	12.93	31.51	30.18
Operating Expenses	23.55	23.27	15.6	12.93	31.51	30.18
Operating Income	-8	-14.59	-10.15	-9.44	-29.9	-27.82
Interest Expense	-0.64	-0.54	-0.38	-0.41	-0.72	-2.63
Interest & Investment Income	-	-	0.01	0	0.01	0.2
Currency Exchange Gain (Loss)	-0.39	-0.39	0.45	-	-	-
Other Non Operating Income (Expenses)	0.85	0.23	0.11	-23.37	0.14	0.09
EBT Excluding Unusual Items	-8.17	-15.29	-9.97	-33.22	-30.46	-30.16
Impairment of Goodwill	-2.74	-2.74	-1.53	-	-	-
Other Unusual Items	-0.9	-0.9	1.47	0.06	0.03	1.22
Pretax Income	-11.82	-18.93	-10.03	-33.16	-30.43	-28.94
Income Tax Expense	0.33	0.33	0.5	0	-	-
Earnings From Continuing Operations	-12.15	-19.26	-10.53	-33.16	-30.43	-28.94
Minority Interest in Earnings	-0.06	-0.06	-0.2	-0.04	-	-
Net Income	-12.21	-19.32	-10.73	-33.21	-30.43	-28.94
Net Income to Common	-12.21	-19.32	-10.73	-33.21	-30.43	-28.94
Shares Outstanding (Basic)	43	36	29	17	13	13
Shares Outstanding (Diluted)	43	36	29	17	13	13
Shares Change (YoY)	24.20%	25.33%	73.23%	28.17%	-	-
EPS (Basic)	-0.28	-0.53	-0.37	-1.99	-2.34	-2.23
EPS (Diluted)	-0.28	-0.53	-0.37	-1.99	-2.34	-2.23
Free Cash Flow	30.96	10.1	-6.31	-18	17.41	-6.23
Free Cash Flow Per Share	0.72	0.28	-0.22	-1.08	1.34	-0.48
Gross Margin	37.73%	35.43%	24.89%	22.36%	25.01%	8.87%
Operating Margin	-19.41%	-59.54%	-46.39%	-60.55%	-462.91%	-104.62%
Profit Margin	-29.63%	-78.84%	-49.01%	-212.92%	-471.20%	-108.80%
Free Cash Flow Margin	75.14%	41.23%	-28.85%	-115.40%	269.51%	-23.42%
EBITDA	-	-14.56	-10.13	-9.33	-29.77	-27.64
EBITDA Margin	-	-59.42%	-46.27%	-59.81%	-	-103.94%
D&A For EBITDA	-	0.03	0.03	0.12	0.13	0.18
EBIT	-8	-14.59	-10.15	-9.44	-29.9	-27.82
EBIT Margin	-19.41%	-59.54%	-46.39%	-60.55%	-	-104.62%

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