Neo-Concept International Group Holdings Limited (NCI)

NCI Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	174.2	174.2	347.45	240.54
Revenue Growth (YoY)	-	-49.86%	44.45%	-
Cost of Revenue	139.15	139.15	305.62	217.94
Gross Profit	35.05	35.05	41.83	22.59
Selling, General & Admin	18.6	18.6	18.72	14.3
Other Operating Expenses	7.4	7.4	4.18	3.82
Operating Expenses	26	26	22.9	18.12
Operating Income	9.05	9.05	18.94	4.47
Interest Expense / Income	5.76	5.76	6.13	2.49
Other Expense / Income	-2.45	-2.45	-2.58	-5.21
Pretax Income	5.74	5.74	15.38	7.19
Income Tax	1.33	1.33	2.98	1.74
Net Income	4.41	4.41	12.4	5.45
Net Income Growth	-	-64.40%	127.51%	-
Shares Outstanding (Basic)	18	18	18	18
Shares Outstanding (Diluted)	18	18	18	18
EPS (Basic)	0.25	0.25	0.69	0.30
EPS (Diluted)	0.25	0.25	0.69	0.30
EPS Growth	-	-63.77%	130.00%	-
Free Cash Flow	-50.5	-50.5	-42.83	10.19
Free Cash Flow Per Share	-2.81	-2.81	-2.38	0.57
Gross Margin	20.12%	20.12%	12.04%	9.39%
Operating Margin	5.19%	5.19%	5.45%	1.86%
Profit Margin	2.53%	2.53%	3.57%	2.27%
Free Cash Flow Margin	-28.99%	-28.99%	-12.33%	4.24%
Effective Tax Rate	23.09%	23.09%	19.37%	24.22%
EBITDA	14.9	14.9	21.66	9.97
EBITDA Margin	8.56%	8.56%	6.23%	4.15%
Depreciation & Amortization	3.41	3.41	0.15	0.29
EBIT	11.5	11.5	21.51	9.68
EBIT Margin	6.60%	6.60%	6.19%	4.03%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).