NCI Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	174.2	174.2	347.45	240.54	182.58
Revenue Growth (YoY)	-49.86%	-49.86%	44.45%	31.74%	-
Cost of Revenue	139.15	139.15	305.62	217.94	170.93
Gross Profit	35.05	35.05	41.83	22.59	11.65
Selling, General & Admin	21.36	21.36	19.69	15.63	15.31
Operating Expenses	26	26	22.9	18.12	15.31
Operating Income	9.05	9.05	18.94	4.47	-3.65
Interest Expense	-5.76	-5.76	-6.13	-2.49	-2.87
Interest & Investment Income	0.09	0.09	0	0	-
Currency Exchange Gain (Loss)	-0.17	-0.17	-0.01	-0.01	-0.02
Other Non Operating Income (Expenses)	2.53	2.53	2.59	5.22	3.34
Pretax Income	5.74	5.74	15.38	7.19	-3.19
Income Tax Expense	1.33	1.33	2.98	1.74	0.13
Net Income	4.41	4.41	12.4	5.45	-3.33
Net Income to Common	4.41	4.41	12.4	5.45	-3.33
Net Income Growth	-64.40%	-64.40%	127.51%	-	-
Shares Outstanding (Basic)	18	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18	18
EPS (Basic)	0.25	0.25	0.69	0.30	-0.18
EPS (Diluted)	0.25	0.25	0.69	0.30	-0.18
EPS Growth	-64.40%	-64.40%	127.51%	-	-
Free Cash Flow	-50.5	-50.5	-42.83	10.19	6.17
Free Cash Flow Per Share	-2.81	-2.81	-2.38	0.57	0.34
Gross Margin	20.12%	20.12%	12.04%	9.39%	6.38%
Operating Margin	5.19%	5.19%	5.45%	1.86%	-2.00%
Profit Margin	2.53%	2.53%	3.57%	2.27%	-1.82%
Free Cash Flow Margin	-28.99%	-28.99%	-12.33%	4.24%	3.38%
EBITDA	9.08	9.08	18.95	4.61	-3.47
EBITDA Margin	5.21%	5.21%	5.45%	1.92%	-1.90%
D&A For EBITDA	0.03	0.03	0.01	0.14	0.18
EBIT	9.05	9.05	18.94	4.47	-3.65
EBIT Margin	5.19%	5.19%	5.45%	1.86%	-2.00%
Effective Tax Rate	23.09%	23.09%	19.37%	24.22%	-

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