Powell Max Limited (PMAX)

Powell Max Income Statement

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

Year	2023	2022
Revenue	49.12	37.77
Revenue Growth (YoY)	30.05%	-
Cost of Revenue	25.24	22.22
Gross Profit	23.88	15.56
Selling, General & Admin	16.31	16.82
Other Operating Expenses	-0.05	-1.85
Operating Expenses	16.25	14.96
Operating Income	7.63	0.59
Interest Expense / Income	0.55	0.69
Pretax Income	7.08	-0.1
Net Income	7.08	-0.1
Free Cash Flow	6.83	5.01
Gross Margin	48.62%	41.18%
Operating Margin	15.53%	1.57%
Profit Margin	14.41%	-0.26%
Free Cash Flow Margin	13.89%	13.25%
EBITDA	12.65	5.64
EBITDA Margin	25.74%	14.93%
Depreciation & Amortization	5.02	5.05
EBIT	7.63	0.59
EBIT Margin	15.53%	1.57%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).