Powell Max Income Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	47.65	36.46	49.12	37.77
Revenue Growth	30.68%	-25.77%	30.04%	-
Cost of Revenue	24.06	22.08	25.24	22.22
Gross Profit	23.59	14.38	23.88	15.56
Selling, General & Admin	36.46	31.86	15.32	15.63
Other Operating Expenses	-2.66	-1.67	-0.01	-0.93
Operating Expenses	35.43	30.73	16.3	15.89
Operating Income	-11.84	-16.35	7.58	-0.33
Interest Expense	-0.69	-2.02	-0.55	-0.69
Interest & Investment Income	0.1	0.29	0.05	0
Currency Exchange Gain (Loss)	-	-	-	0
EBT Excluding Unusual Items	-12.44	-18.07	7.08	-1.02
Impairment of Goodwill	-11.77	-	-	-
Other Unusual Items	0.72	-	-	0.92
Pretax Income	-23.5	-18.07	7.08	-0.1
Net Income	-23.5	-18.07	7.08	-0.1
Net Income to Common	-23.5	-18.07	7.08	-0.1
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	0	0	0	0
Shares Outstanding (Diluted)	0	0	0	0
Shares Change	50.90%	5.43%	-	-
EPS (Basic)	-94.52	-109.72	45.31	-0.63
EPS (Diluted)	-94.52	-109.72	45.31	-0.63
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Free Cash Flow	-8.77	-12.9	6.83	5.01
Free Cash Flow Per Share	-35.28	-78.32	43.68	32.04
Gross Margin	49.51%	39.44%	48.62%	41.18%
Operating Margin	-24.86%	-44.83%	15.43%	-0.88%
Profit Margin	-49.31%	-49.57%	14.41%	-0.26%
Free Cash Flow Margin	-18.41%	-35.38%	13.89%	13.25%
EBITDA	-8.27	-11.9	12.6	4.71
EBITDA Margin	-17.35%	-32.64%	25.65%	12.48%
D&A For EBITDA	3.58	4.44	5.02	5.05
EBIT	-11.84	-16.35	7.58	-0.33
EBIT Margin	-24.86%	-44.83%	15.43%	-0.88%

SEC Filings: 10-K · 10-Q