PAX Global Technology Limited (PXGYF)

PAX Global Technology Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,748	6,045	6,709	8,063	7,196	5,651
Revenue Growth (YoY)	-6.60%	-9.90%	-16.79%	12.04%	27.35%	14.72%
Cost of Revenue	3,031	3,191	3,715	4,757	4,369	3,313
Gross Profit	2,717	2,853	2,994	3,306	2,827	2,337
Selling, General & Admin	1,985	2,090	1,846	1,943	1,674	1,281
Other Operating Expenses	-57.88	-64.71	-58.39	-36.33	-58.28	-38.98
Operating Expenses	1,937	2,019	1,789	1,903	1,638	1,307
Operating Income	780.02	834.64	1,205	1,403	1,189	1,030
Interest Expense	-	-	-	-5.65	-6.66	-7.46
Interest & Investment Income	20.68	20.66	36.73	28.58	38.04	38.86
Earnings From Equity Investments	3.35	10.64	4.97	7.42	3.45	-6.05
Other Non Operating Income (Expenses)	-5.56	-5.56	-5.38	-	-0.32	-0.83
EBT Excluding Unusual Items	798.49	860.38	1,241	1,433	1,224	1,055
Gain (Loss) on Sale of Investments	-13.16	-3.7	-2.97	-2.18	50.46	-5.24
Gain (Loss) on Sale of Assets	-	-	15.59	-	-	3.13
Other Unusual Items	2.56	4.56	-	-	-	-
Pretax Income	787.89	861.25	1,254	1,431	1,274	1,053
Income Tax Expense	135.38	140.32	88.86	162.91	182.21	148.99
Earnings From Continuing Operations	652.51	720.92	1,165	1,268	1,092	903.85
Minority Interest in Earnings	-2.79	-7.5	-9.94	-3.53	-8.47	-3.73
Net Income	649.72	713.43	1,155	1,265	1,084	900.12
Net Income to Common	649.72	713.43	1,155	1,265	1,084	900.12
Net Income Growth	-32.26%	-38.24%	-8.66%	16.69%	20.40%	44.28%
Shares Outstanding (Basic)	1,061	1,066	1,075	1,081	1,096	1,087
Shares Outstanding (Diluted)	1,076	1,085	1,099	1,108	1,132	1,093
Shares Change (YoY)	-1.55%	-1.35%	-0.78%	-2.15%	3.58%	-0.64%
EPS (Basic)	0.61	0.67	1.07	1.17	0.99	0.83
EPS (Diluted)	0.60	0.66	1.05	1.14	0.96	0.82
EPS Growth	-31.19%	-37.39%	-7.89%	19.23%	16.28%	45.15%
Free Cash Flow	-	1,036	277.02	317.92	2.79	674.89
Free Cash Flow Per Share	-	0.95	0.25	0.29	0.00	0.62
Dividend Per Share	0.500	0.490	0.440	0.360	0.270	0.170
Dividend Growth	6.38%	11.36%	22.22%	33.33%	58.82%	70.00%
Gross Margin	47.27%	47.20%	44.62%	41.01%	39.29%	41.36%
Operating Margin	13.57%	13.81%	17.96%	17.40%	16.53%	18.24%
Profit Margin	11.30%	11.80%	17.22%	15.68%	15.06%	15.93%
Free Cash Flow Margin	-	17.14%	4.13%	3.94%	0.04%	11.94%
EBITDA	852.62	903.57	1,237	1,426	1,214	1,051
EBITDA Margin	14.83%	14.95%	18.43%	17.69%	16.87%	18.60%
D&A For EBITDA	72.6	68.93	31.5	23.43	24.52	20.78
EBIT	780.02	834.64	1,205	1,403	1,189	1,030
EBIT Margin	13.57%	13.81%	17.96%	17.40%	16.53%	18.24%
Effective Tax Rate	17.18%	16.29%	7.09%	11.38%	14.30%	14.15%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.