HKG:8446 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	May '21 May 31, 2021
Revenue	165.41	164.44	95.67	68.98	12.35
Revenue Growth (YoY)	0.60%	71.88%	38.69%	458.58%	-72.38%
Cost of Revenue	85.05	88.69	69.1	50.14	34.85
Gross Profit	80.36	75.74	26.57	18.84	-22.5
Selling, General & Admin	45.45	38.04	51.04	25.68	13.58
Other Operating Expenses	-0.87	-0.72	-0.78	-2.43	-1.74
Operating Expenses	48.28	34.21	53.52	26.41	17.47
Operating Income	32.08	41.53	-26.95	-7.56	-39.97
Interest Expense	-0.74	-0.74	-0.66	-0.63	-0.54
Interest & Investment Income	0	0.01	0.03	0	0
Currency Exchange Gain (Loss)	-	0.31	0.32	-0.2	0.34
EBT Excluding Unusual Items	31.34	41.11	-27.27	-8.39	-40.18
Gain (Loss) on Sale of Assets	-	-	-	-	0.16
Other Unusual Items	-	-	-	21.29	-
Pretax Income	31.34	41.11	-27.27	12.91	-40.02
Income Tax Expense	4.91	1.01	0.56	0.1	-4.94
Earnings From Continuing Operations	26.44	40.1	-27.82	12.8	-35.08
Earnings From Discontinued Operations	-1.96	-	-	-	-
Net Income to Company	24.47	40.1	-27.82	12.8	-35.08
Minority Interest in Earnings	1.48	2.21	9.94	-5.54	0.07
Net Income	25.95	42.31	-17.88	7.26	-35.01
Net Income to Common	25.95	42.31	-17.88	7.26	-35.01
Net Income Growth	-38.67%	-	-	-	-
Shares Outstanding (Basic)	1,006	881	809	800	800
Shares Outstanding (Diluted)	1,006	881	809	800	800
Shares Change (YoY)	14.11%	9.01%	1.08%	-	-
EPS (Basic)	0.03	0.05	-0.02	0.01	-0.04
EPS (Diluted)	0.03	0.05	-0.02	0.01	-0.04
EPS Growth	-46.25%	-	-	-	-
Free Cash Flow	-	3.77	-13.95	-33.14	-8.9
Free Cash Flow Per Share	-	0.00	-0.02	-0.04	-0.01
Gross Margin	48.58%	46.06%	27.77%	27.32%	-182.20%
Operating Margin	19.39%	25.26%	-28.18%	-10.96%	-323.70%
Profit Margin	15.69%	25.73%	-18.69%	10.52%	-283.51%
Free Cash Flow Margin	-	2.29%	-14.58%	-48.04%	-72.09%
EBITDA	62.89	72.34	-3.71	10.74	-20.43
EBITDA Margin	38.02%	43.99%	-3.88%	15.56%	-165.46%
D&A For EBITDA	30.81	30.81	23.24	18.3	19.54
EBIT	32.08	41.53	-26.95	-7.56	-39.97
EBIT Margin	19.39%	25.26%	-28.18%	-10.96%	-
Effective Tax Rate	15.66%	2.45%	-	0.81%	-

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