UBoT Holding 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	199.74	163.07	188.97	257.57	202.95
Revenue Growth (YoY)	22.49%	-13.71%	-26.63%	26.91%	-
Cost of Revenue	124.38	106.86	116.99	155.69	116.27
Gross Profit	75.35	56.21	71.98	101.88	86.68
Selling, General & Admin	55.72	56.76	48.92	51.17	46.57
Research & Development	4.96	3.8	4.82	4.27	4.1
Operating Expenses	60.9	60.66	53.25	55.79	50.75
Operating Income	14.46	-4.46	18.73	46.09	35.93
Interest Expense	-4.65	-4.68	-4.78	-4.1	-3.21
Interest & Investment Income	-	0.02	0.01	0.93	0.07
Currency Exchange Gain (Loss)	-	-2.19	-2.56	-6.4	2.27
Other Non Operating Income (Expenses)	3.26	-9.4	-5.13	0.01	0.01
EBT Excluding Unusual Items	13.06	-20.71	6.27	36.54	35.06
Gain (Loss) on Sale of Investments	-	-0.96	0.41	0.35	0.42
Gain (Loss) on Sale of Assets	-	-0.22	-0.03	0.09	-
Other Unusual Items	-	-	-	-9.98	-9.74
Pretax Income	13.06	-21.89	6.66	27	31.84
Income Tax Expense	0.26	1.29	1.62	5.2	5.45
Net Income	12.81	-23.18	5.04	21.8	26.4
Net Income to Common	12.81	-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)	12.72%	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	-	-40.19	13.1	19.43	-5.54
Free Cash Flow Per Share	-	-0.09	0.04	0.05	-0.01
Dividend Per Share	0.015	-	-	-	-
Gross Margin	37.73%	34.47%	38.09%	39.55%	42.71%
Operating Margin	7.24%	-2.73%	9.91%	17.89%	17.70%
Profit Margin	6.41%	-14.22%	2.67%	8.46%	13.01%
Free Cash Flow Margin	-	-24.65%	6.93%	7.54%	-2.73%
EBITDA	21.34	2.43	29.55	54.99	44.05
EBITDA Margin	10.69%	1.49%	15.64%	21.35%	21.71%
D&A For EBITDA	6.89	6.89	10.82	8.9	8.13
EBIT	14.46	-4.46	18.73	46.09	35.93
EBIT Margin	7.24%	-2.73%	9.91%	17.89%	17.70%
Effective Tax Rate	1.96%	-	24.31%	19.26%	17.11%

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