MasterBeef Group 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	490.25	503.98	532.29	456.69
Revenue Growth (YoY)	-5.64%	-5.32%	16.55%	-
Cost of Revenue	327.21	332.5	351.8	290.89
Gross Profit	163.04	171.48	180.49	165.8
Selling, General & Admin	103.75	98.76	92.21	66.14
Depreciation & Amortization Expenses	75.22	78.6	84.26	68.57
Other Operating Expenses	14.38	9.56	23.55	-
Total Operating Expenses	193.36	186.93	200.02	134.71
Operating Income	-30.31	-15.45	-19.53	31.09
Interest Expense	-9.48	-10.19	-11.45	-7.6
Other Non-Operating Income (Expense)	2.53	61.25	1.19	14.3
Total Non-Operating Income (Expense)	-6.95	51.06	-10.26	6.7
Pretax Income	-37.26	35.61	-29.79	37.79
Provision for Income Taxes	1.87	2.71	7.66	4.38
Net Income	-39.13	32.9	-37.45	33.41
Net Income to Common	-39.13	32.9	-37.45	33.41
Shares Outstanding (Basic)	18	13	0	0
Shares Outstanding (Diluted)	18	13	0	0
Shares Change (YoY)	469.49%	128357.65%	-	-
EPS (Basic)	-5.44	2.56	-3745.00	3340.00
EPS (Diluted)	-5.44	2.56	-3745.00	3340.00
Shares Outstanding	17.16	15	0.01	0.01
Free Cash Flow	44.13	48.17	39.31	108.51
Free Cash Flow Growth	-8.40%	22.54%	-63.77%	-
Free Cash Flow Per Share	2.49	3.75	3931.23	10851.25
Gross Margin	33.26%	34.03%	33.91%	36.31%
Operating Margin	-6.18%	-3.07%	-3.67%	6.81%
Profit Margin	-7.98%	6.53%	-7.03%	7.32%
FCF Margin	9.00%	9.56%	7.39%	23.76%
EBITDA	-30.31	63.15	64.73	99.67
EBITDA Margin	-6.18%	12.53%	12.16%	21.82%
EBIT	-30.31	-15.45	-19.53	31.09
EBIT Margin	-6.18%	-3.07%	-3.67%	6.81%
Effective Tax Rate	-5.02%	7.62%	-25.71%	11.59%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q