Powell Max Limited (PMAX)

Powell Max Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	37.67	36.46	49.12	37.77
Revenue Growth (YoY)	-19.19%	-25.77%	30.04%	-
Cost of Revenue	22.47	22.08	25.24	22.22
Gross Profit	15.2	14.38	23.88	15.56
Selling, General & Admin	55.46	31.9	15.39	15.97
Other Operating Expenses	-3.82	-1.46	0.86	-1.01
Total Operating Expenses	51.63	30.44	16.25	14.96
Operating Income	-36.43	-16.06	7.63	0.59
Interest Expense	-2.3	-2.02	-0.55	-0.69
Total Non-Operating Income (Expense)	-2.3	-2.02	-0.55	-0.69
Pretax Income	-38.73	-18.07	7.08	-0.1
Net Income	-38.73	-18.07	7.08	-0.1
Net Income to Common	-38.73	-18.07	7.08	-0.1
Shares Outstanding (Basic)	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2
Shares Change (YoY)	56.44%	5.43%	-	-
EPS (Basic)	-15.85	-10.96	4.48	-0.08
EPS (Diluted)	-15.85	-10.96	4.48	-0.08
Free Cash Flow	-36.82	-12.9	6.83	5.01
Free Cash Flow Growth	-	-	36.33%	-
Free Cash Flow Per Share	-	-7.83	4.37	3.20
Gross Margin	40.35%	39.44%	48.62%	41.18%
Operating Margin	-96.70%	-44.04%	15.53%	1.57%
Profit Margin	-54.06%	-49.57%	14.41%	-0.26%
FCF Margin	-97.73%	-35.38%	13.89%	13.25%
EBITDA	-32.69	-11.61	12.65	5.64
EBITDA Margin	-86.78%	-31.85%	25.74%	14.93%
EBIT	-36.43	-16.06	7.63	0.59
EBIT Margin	-96.70%	-44.04%	15.53%	1.57%

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

SEC Filings: 10-K · 10-Q