1957 & Co. (Hospitality) 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	435.15	470.35	471.85	352.88	394.19
Other Revenue	0.75	0.45	0.09	-	-
Revenue	435.9	470.8	471.94	352.88	394.19
Revenue Growth (YoY)	-7.41%	-0.24%	33.74%	-10.48%	23.01%
Cost of Revenue	301.55	322.03	322.29	254.72	264.57
Gross Profit	134.35	148.77	149.65	98.16	129.61
Other Operating Expenses	47.07	45.63	51.58	33.4	37.06
Operating Expenses	123.45	134.87	138.44	94.62	101.74
Operating Income	10.9	13.9	11.21	3.54	27.87
Interest Expense	-7.66	-9.96	-10.04	-4.56	-2.93
Interest & Investment Income	-	1.47	1.2	0.19	0
Earnings From Equity Investments	-0.53	-0.48	-0.43	-1.54	-0.91
Other Non Operating Income (Expenses)	0.76	0.06	-	-	-
EBT Excluding Unusual Items	3.46	4.98	1.94	-2.37	24.03
Gain (Loss) on Sale of Assets	-	-0.01	-0.25	-	-0.02
Asset Writedown	-3.25	-2.15	-2.16	-0.18	-6.4
Other Unusual Items	-	-	-	6.87	5.13
Pretax Income	0.22	2.83	-0.47	4.32	22.74
Income Tax Expense	1.75	0.44	0.45	1	3.82
Earnings From Continuing Operations	-1.53	2.39	-0.93	3.32	18.92
Minority Interest in Earnings	0.52	-3.55	-5.32	-3.85	-5.76
Net Income	-1.01	-1.17	-6.25	-0.53	13.17
Net Income to Common	-1.01	-1.17	-6.25	-0.53	13.17
Shares Outstanding (Basic)	388	384	384	384	384
Shares Outstanding (Diluted)	388	384	384	384	384
Shares Change (YoY)	0.96%	-	-	-	-
EPS (Basic)	-0.00	-0.00	-0.02	-0.00	0.03
EPS (Diluted)	-0.00	-0.00	-0.02	-0.00	0.03
Free Cash Flow	-	72.65	58.03	31.71	100.28
Free Cash Flow Per Share	-	0.19	0.15	0.08	0.26
Gross Margin	30.82%	31.60%	31.71%	27.82%	32.88%
Operating Margin	2.50%	2.95%	2.37%	1.00%	7.07%
Profit Margin	-0.23%	-0.25%	-1.32%	-0.15%	3.34%
Free Cash Flow Margin	-	15.43%	12.30%	8.99%	25.44%
EBITDA	31.24	34.23	30.27	14.1	43.41
EBITDA Margin	7.17%	7.27%	6.41%	4.00%	11.01%
D&A For EBITDA	20.34	20.34	19.06	10.56	15.54
EBIT	10.9	13.9	11.21	3.54	27.87
EBIT Margin	2.50%	2.95%	2.37%	1.00%	7.07%
Effective Tax Rate	802.75%	15.65%	-	23.21%	16.78%
Advertising Expenses	-	1.27	2.55	1.67	0.87

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