mF International Limited (MFI)

mF International Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	30.28	31.96	34.93	32.21	35.19
Revenue Growth (YoY)	-6.37%	-8.50%	8.44%	-8.46%	-
Cost of Revenue	14.28	14	16.51	16.26	20.17
Gross Profit	15.99	17.97	18.42	15.95	15.02
Selling, General & Admin	18.07	11.27	10.8	5.39	5.48
Research & Development	0.12	0.01	0.08	0.03	0.54
Operating Expenses	18.19	11.28	10.88	5.42	6.02
Operating Income	-2.2	6.68	7.54	10.53	9
Interest Expense	-0.25	-0.35	-0.44	-0.48	-0.35
Other Non Operating Income (Expenses)	0.34	0.42	0.53	1.02	2.6
EBT Excluding Unusual Items	-2.09	6.75	7.63	11.08	11.26
Gain (Loss) on Sale of Investments	-	-0.01	-1.16	-0.68	-0.54
Other Unusual Items	0.03	0.03	0.73	0.38	1.78
Pretax Income	-2.05	6.78	7.21	10.78	12.5
Income Tax Expense	-0.91	0.15	0.39	0.43	0.82
Net Income	-1.14	6.63	6.82	10.35	11.68
Net Income to Common	-1.14	6.63	6.82	10.35	11.68
Net Income Growth	-	-2.78%	-34.12%	-11.40%	-
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	2.64%	-	-	-	-
EPS (Basic)	-0.10	0.57	0.59	0.89	1.01
EPS (Diluted)	-0.10	0.57	0.59	0.89	1.01
EPS Growth	-	-2.78%	-34.12%	-11.40%	-
Free Cash Flow	-10.31	11.28	13.45	12.47	23.66
Free Cash Flow Per Share	-0.87	0.97	1.16	1.08	2.04
Gross Margin	52.83%	56.21%	52.73%	49.52%	42.68%
Operating Margin	-7.26%	20.91%	21.59%	32.70%	25.58%
Profit Margin	-3.76%	20.74%	19.52%	32.13%	33.19%
Free Cash Flow Margin	-34.07%	35.28%	38.52%	38.70%	67.22%
EBITDA	-2.13	6.82	7.76	10.79	9.41
EBITDA Margin	-7.03%	21.33%	22.23%	33.49%	26.75%
D&A For EBITDA	0.07	0.13	0.22	0.25	0.41
EBIT	-2.2	6.68	7.54	10.53	9
EBIT Margin	-7.26%	20.91%	21.59%	32.70%	25.58%
Effective Tax Rate	-	2.19%	5.38%	4.00%	6.52%

Source: S&P Capital IQ. Standard template. Financial Sources.