Boltek Holdings 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	186.84	187.28	170.41	149.29	129.91
Revenue Growth (YoY)	-0.24%	9.90%	14.14%	14.92%	16.09%
Cost of Revenue	128.15	125.2	110.06	106.7	84.47
Gross Profit	58.69	62.08	60.35	42.59	45.44
Selling, General & Admin	27.04	25.77	26.14	21.43	18.35
Operating Expenses	33.11	32.47	32.35	27.31	22.79
Operating Income	25.58	29.61	28	15.28	22.65
Interest Expense	-0.21	-0.4	-0.24	-0.09	-0.08
Interest & Investment Income	0.62	1.64	3.11	1.23	0.27
Currency Exchange Gain (Loss)	-	-	-	-	0.14
Other Non Operating Income (Expenses)	0.78	2.23	0.82	0.89	0.47
EBT Excluding Unusual Items	26.77	33.07	31.69	17.32	23.45
Other Unusual Items	-	0.01	1.27	3.96	0.38
Pretax Income	26.77	33.08	32.96	21.28	23.83
Income Tax Expense	4.19	5.03	4.73	2.8	3.59
Net Income	22.58	28.06	28.23	18.47	20.23
Net Income to Common	22.58	28.06	28.23	18.47	20.23
Net Income Growth	-19.53%	-0.62%	52.81%	-8.69%	-15.65%
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.03	0.04	0.04	0.02	0.03
EPS (Diluted)	0.03	0.04	0.04	0.02	0.03
EPS Growth	-19.53%	-0.62%	52.81%	-8.70%	-15.65%
Free Cash Flow	19.46	16.51	0.06	17.65	20.91
Free Cash Flow Per Share	0.02	0.02	-	0.02	0.03
Dividend Per Share	0.013	0.056	0.081	-	-
Dividend Growth	-77.78%	-30.77%	-	-	-
Gross Margin	31.41%	33.15%	35.41%	28.53%	34.98%
Operating Margin	13.69%	15.81%	16.43%	10.24%	17.44%
Profit Margin	12.08%	14.98%	16.57%	12.37%	15.57%
Free Cash Flow Margin	10.42%	8.82%	0.03%	11.82%	16.10%
EBITDA	27.02	31.25	29.72	16.89	24.16
EBITDA Margin	14.46%	16.69%	17.44%	11.31%	18.60%
D&A For EBITDA	1.44	1.65	1.72	1.61	1.51
EBIT	25.58	29.61	28	15.28	22.65
EBIT Margin	13.69%	15.81%	16.43%	10.24%	17.44%
Effective Tax Rate	15.65%	15.19%	14.34%	13.17%	15.08%

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