HKG:8521 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	134.96	120.03	109.97	101.1	122.79
Revenue Growth (YoY)	12.44%	9.15%	8.77%	-17.66%	1.74%
Cost of Revenue	109.18	100.31	83.79	83.45	88.09
Gross Profit	25.78	19.72	26.18	17.65	34.69
Selling, General & Admin	28.75	28.27	21.79	23.15	22.5
Operating Expenses	29.48	32.63	23.38	23.18	68.83
Operating Income	-3.71	-12.91	2.8	-5.53	-34.14
Interest Expense	-0.75	-1.14	-1.46	-1.41	-1.76
Interest & Investment Income	0.03	0.05	0.08	0.08	0.04
Currency Exchange Gain (Loss)	-0.08	0.09	0.01	-	0.1
Other Non Operating Income (Expenses)	0.01	-4.99	2.29	2.79	3.66
EBT Excluding Unusual Items	-4.49	-18.9	3.71	-4.08	-32.11
Gain (Loss) on Sale of Assets	0.23	0.12	-	-	-
Asset Writedown	-0.19	-	-	-6.3	-
Pretax Income	-4.45	-18.78	3.71	-10.37	-32.11
Income Tax Expense	-0.03	-1.27	1.51	0.65	0.4
Earnings From Continuing Operations	-4.42	-17.51	2.2	-11.03	-32.5
Net Income	-4.42	-17.51	2.2	-11.03	-32.5
Net Income to Common	-4.42	-17.51	2.2	-11.03	-32.5
Shares Outstanding (Basic)	595	576	498	480	480
Shares Outstanding (Diluted)	595	576	498	480	480
Shares Change (YoY)	3.36%	15.75%	3.67%	-	-
EPS (Basic)	-0.01	-0.03	0.00	-0.02	-0.07
EPS (Diluted)	-0.01	-0.03	0.00	-0.02	-0.07
Free Cash Flow	-51.71	-6.27	-3.47	9.54	29.77
Free Cash Flow Per Share	-0.09	-0.01	-0.01	0.02	0.06
Gross Margin	19.10%	16.43%	23.80%	17.46%	28.25%
Operating Margin	-2.74%	-10.76%	2.54%	-5.47%	-27.80%
Profit Margin	-3.28%	-14.59%	2.00%	-10.90%	-26.47%
Free Cash Flow Margin	-38.32%	-5.23%	-3.15%	9.44%	24.25%
EBITDA	-1.98	-10.29	5.17	-2.56	-30.44
EBITDA Margin	-1.47%	-8.57%	4.70%	-2.54%	-24.79%
D&A For EBITDA	1.73	2.62	2.38	2.96	3.7
EBIT	-3.71	-12.91	2.8	-5.53	-34.14
EBIT Margin	-2.74%	-10.76%	2.54%	-5.47%	-27.80%
Effective Tax Rate	-	-	40.66%	-	-

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