| HKD millions | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Revenue | 35.2 | 32.2 | 34.9 | 32.0 | 26.1 | 33.8 | +29.7% | |
| Cost of revenue | 20.2 | 16.3 | 16.5 | 14.0 | 13.8 | 23.8 | +72.7% | |
| Gross profit | 15.0 | 16.0 | 18.4 | 18.0 | 12.3 | 10.0 | −18.6% | |
| Research & development | 0.5 | 0.0 | 0.1 | 0.0 | 0.2 | 0.0 | −73.4% | |
| Selling, general & administrative | 5.5 | 5.4 | 10.8 | 11.3 | 31.5 | 44.3 | +40.7% | |
| Selling & marketing | 0.2 | 0.2 | 0.2 | 0.2 | 4.2 | 6.7 | +59.8% | |
| Operating expenses | 6.0 | 5.4 | 10.9 | 11.3 | 31.7 | 44.4 | +40.1% | |
| Operating income | 9.0 | 10.5 | 7.5 | 6.7 | (19.4) | (34.3) | −77.3% | |
| Interest expense | 0.0 | 0.5 | 0.4 | 0.4 | 0.0 | 0.0 | — | |
| Interest income | 0.3 | 0.0 | 0.0 | 0.0 | 0.1 | 0.3 | +152.6% | |
| Other income / expense | 3.5 | 0.2 | (0.3) | 0.1 | (0.1) | 110.1 | +189855.4% | |
| Pre-tax income | 12.5 | 10.8 | 7.2 | 6.8 | (19.4) | 75.7 | +489.6% | |
| Income tax | 0.8 | 0.4 | 0.4 | 0.1 | 0.8 | (3.0) | −488.9% | |
| Net income | 11.7 | 10.3 | 6.8 | 6.6 | (20.2) | 78.7 | +489.6% | |
| Discontinued operations | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| Other net income adjustments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | |
| EPS, basic (per share) | 8.08 | 6.25 | 4.12 | 4.00 | (12.70) | 13.93 | +209.7% | |
| EPS, diluted (per share) | 8.08 | 6.25 | 4.12 | 4.58 | (12.70) | 13.54 | +206.6% | |
| EBITDA | 9.4 | 10.8 | 7.8 | 6.8 | (13.3) | (25.0) | −88.7% | |
| Depreciation & amortization | 0.4 | 0.3 | 0.2 | 0.1 | 6.1 | 9.3 | +52.5% | |
| Weighted average shares (shares) | 1,448,125 | 1,656,458 | 1,656,458 | 1,656,458 | 1,590,819 | 5,644,417 | +254.8% | |
| Weighted average diluted shares (shares) | 1,448,125 | 1,656,458 | 1,656,458 | 1,448,125 | 1,590,819 | 5,806,608 | +265.0% | |
| Gross margin | 42.7% | 49.5% | 52.7% | 56.2% | 47.2% | 29.6% | −17.5 pts | |
| Operating margin | 25.6% | 32.7% | 21.6% | 20.9% | −74.3% | −101.6% | −27.3 pts | |
| Net margin | 33.2% | 32.1% | 19.5% | 20.7% | −77.5% | 232.8% | +310.3 pts |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
Statements are reported in HKD; the shares trade in USD.
