Boltek Holdings 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	188.41	187.28	170.41	149.29	129.91	111.91
Revenue Growth (YoY)	4.58%	9.90%	14.14%	14.92%	16.09%	11.11%
Cost of Revenue	124.82	125.2	110.06	106.7	84.47	66.07
Gross Profit	63.59	62.08	60.35	42.59	45.44	45.84
Selling, General & Admin	24.24	25.77	26.14	21.43	18.35	20.92
Operating Expenses	30.98	32.47	32.35	27.31	22.79	26.14
Operating Income	32.61	29.61	28	15.28	22.65	19.71
Interest Expense	-0.32	-0.4	-0.24	-0.09	-0.08	-0.13
Interest & Investment Income	1.22	1.64	3.11	1.23	0.27	0.63
Currency Exchange Gain (Loss)	-	-	-	-	0.14	-
Other Non Operating Income (Expenses)	1.83	2.23	0.82	0.89	0.47	1.37
EBT Excluding Unusual Items	35.34	33.07	31.69	17.32	23.45	21.57
Other Unusual Items	0.01	0.01	1.27	3.96	0.38	6.08
Pretax Income	35.34	33.08	32.96	21.28	23.83	27.65
Income Tax Expense	5.89	5.03	4.73	2.8	3.59	3.67
Net Income	29.45	28.06	28.23	18.47	20.23	23.99
Net Income to Common	29.45	28.06	28.23	18.47	20.23	23.99
Net Income Growth	8.71%	-0.62%	52.81%	-8.69%	-15.65%	45.39%
Shares Outstanding (Basic)	800	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800	800
EPS (Basic)	0.04	0.04	0.04	0.02	0.03	0.03
EPS (Diluted)	0.04	0.04	0.04	0.02	0.03	0.03
EPS Growth	8.71%	-0.62%	52.81%	-8.70%	-15.65%	45.39%
Free Cash Flow	16.84	16.51	0.06	17.65	20.91	16.33
Free Cash Flow Per Share	0.02	0.02	-	0.02	0.03	0.02
Dividend Per Share	0.013	0.056	0.081	-	-	-
Dividend Growth	-77.78%	-30.77%	-	-	-	-
Gross Margin	33.75%	33.15%	35.41%	28.53%	34.98%	40.96%
Operating Margin	17.31%	15.81%	16.43%	10.24%	17.44%	17.61%
Profit Margin	15.63%	14.98%	16.57%	12.37%	15.57%	21.44%
Free Cash Flow Margin	8.94%	8.82%	0.03%	11.82%	16.10%	14.59%
EBITDA	34.14	31.25	29.72	16.89	24.16	20.99
EBITDA Margin	18.12%	16.69%	17.44%	11.31%	18.60%	18.76%
D&A For EBITDA	1.53	1.65	1.72	1.61	1.51	1.29
EBIT	32.61	29.61	28	15.28	22.65	19.71
EBIT Margin	17.31%	15.81%	16.43%	10.24%	17.44%	17.61%
Effective Tax Rate	16.67%	15.19%	14.34%	13.17%	15.08%	13.26%

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