UBoT Holding Income Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	173.87	163.07	188.97	257.57	202.95
Revenue Growth (YoY)	0.29%	-13.71%	-26.63%	26.91%	-
Cost of Revenue	112.44	106.86	116.99	155.69	116.27
Gross Profit	61.43	56.21	71.98	101.88	86.68
Selling, General & Admin	59.22	56.76	48.92	51.17	46.57
Research & Development	3.87	3.8	4.82	4.27	4.1
Operating Expenses	63.22	60.66	53.25	55.79	50.75
Operating Income	-1.79	-4.46	18.73	46.09	35.93
Interest Expense	-4.73	-4.68	-4.78	-4.1	-3.21
Interest & Investment Income	0.02	0.02	0.01	0.93	0.07
Currency Exchange Gain (Loss)	-0.12	-2.19	-2.56	-6.4	2.27
Other Non Operating Income (Expenses)	-9.2	-9.4	-5.13	0.01	0.01
EBT Excluding Unusual Items	-15.82	-20.71	6.27	36.54	35.06
Gain (Loss) on Sale of Investments	-1	-0.96	0.41	0.35	0.42
Gain (Loss) on Sale of Assets	-0.26	-0.22	-0.03	0.09	-
Other Unusual Items	8.36	-	-	-9.98	-9.74
Pretax Income	-8.71	-21.89	6.66	27	31.84
Income Tax Expense	-0.26	1.29	1.62	5.2	5.45
Net Income	-8.45	-23.18	5.04	21.8	26.4
Net Income to Common	-8.45	-23.18	5.04	21.8	26.4
Net Income Growth	-	-	-76.89%	-17.42%	-
Shares Outstanding (Basic)	513	455	375	375	375
Shares Outstanding (Diluted)	513	455	375	375	375
Shares Change (YoY)	33.00%	21.24%	-	-	-
EPS (Basic)	-0.02	-0.05	0.01	0.06	0.07
EPS (Diluted)	-0.02	-0.05	0.01	0.06	0.07
EPS Growth	-	-	-76.89%	-17.42%	-
Free Cash Flow	-23.29	-40.19	13.1	19.43	-5.54
Free Cash Flow Per Share	-0.04	-0.09	0.04	0.05	-0.01
Gross Margin	35.33%	34.47%	38.09%	39.55%	42.71%
Operating Margin	-1.03%	-2.73%	9.91%	17.89%	17.70%
Profit Margin	-4.86%	-14.22%	2.67%	8.46%	13.01%
Free Cash Flow Margin	-13.40%	-24.65%	6.93%	7.54%	-2.73%
EBITDA	5.71	2.43	29.55	54.99	44.05
EBITDA Margin	3.28%	1.49%	15.64%	21.35%	21.71%
D&A For EBITDA	7.5	6.89	10.82	8.9	8.13
EBIT	-1.79	-4.46	18.73	46.09	35.93
EBIT Margin	-1.03%	-2.73%	9.91%	17.89%	17.70%
Effective Tax Rate	-	-	24.31%	19.26%	17.11%

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