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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in HKD, from our data supplier.
Revenue
HK$222.0m
FY2021FY2026
Net income
−HK$153.1m
FY2021FY2026
Free cash flow
−HK$77.8m
FY2021FY2026
Shareholders' equity
HK$75.1m
FY2021FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | HK$222.0m | HK$378.2m | HK$252.0m | HK$84.5m | HK$144.2m | HK$73.0m |
| Gross profit | HK$15.5m | HK$60.1m | HK$64.1m | HK$24.4m | HK$36.9m | HK$11.1m |
| Operating income | −HK$108.8m | HK$9.8m | HK$28.2m | HK$9.7m | HK$23.5m | HK$5.5m |
| Net income | −HK$153.1m | HK$7.9m | HK$19.8m | HK$63.7m | HK$19.2m | HK$4.5m |
| Diluted earnings per share | -2.53 | 0.13 | 0.32 | 1.06 | 0.64 | 0.07 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Total assets | HK$649.7m | HK$333.8m | HK$1.90bn | HK$1.60bn | HK$42.1m | HK$29.8m |
| Cash and short-term investments | HK$8.6m | HK$20.4m | HK$50.1m | HK$365.6m | HK$8.6m | HK$10.7m |
| Total liabilities | HK$412.6m | HK$176.4m | HK$1.14bn | HK$982.4m | HK$34.6m | HK$27.5m |
| Debt | HK$274.4m | HK$81.5m | HK$361.4m | HK$119.3m | HK$5.1m | HK$1.4m |
| Shareholders' equity | HK$75.1m | HK$163.0m | HK$769.1m | HK$615.2m | HK$7.5m | HK$2.3m |
| Shares outstanding | 60m | 60m | 62m | 60m | 30m | 60m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash from operations | −HK$75.2m | −HK$62.4m | −HK$18.7m | HK$389.9m | HK$2.9m | HK$16.4m |
| Capital spending | −HK$2.7m | −HK$3.9m | −HK$517,697 | −HK$3.7m | −HK$142,075 | −HK$21,000 |
| Free cash flow | −HK$77.8m | −HK$66.3m | −HK$19.3m | HK$386.2m | HK$2.8m | HK$16.4m |
| Dividends paid | — | −HK$10.7m | — | — | −HK$10.7m | −HK$8.0m |
Latest quarters
By quarter end
| Jun 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | HK$83.3m | HK$83.3m | HK$55.2m | HK$11.8m | HK$378.2m | HK$92.0m | HK$24.9m | HK$97.1m |
| Gross profit | HK$6.3m | HK$6.3m | −HK$1.1m | HK$412,184 | HK$60.1m | HK$3.2m | HK$6.5m | HK$26.8m |
| Operating income | −HK$79.0m | −HK$29.1m | −HK$29.9m | −HK$1.2m | HK$9.8m | −HK$9.6m | HK$3.7m | HK$14.5m |
| Net income | −HK$56.6m | −HK$56.6m | −HK$39.8m | −HK$1.1m | HK$7.9m | −HK$8.3m | HK$3.1m | HK$12.2m |
| Diluted earnings per share | -0.94 | -0.94 | -0.66 | -0.02 | 0.13 | -0.13 | 0.05 | 0.20 |
| Cash from operations | −HK$45.0m | −HK$22.0m | −HK$29.0m | −HK$1.0m | — | −HK$4.0m | −HK$6.0m | −HK$27.0m |
| Capital spending | — | — | −HK$2.0m | — | — | −HK$1.0m | — | — |
| Free cash flow | — | — | −HK$31.0m | — | — | −HK$5.0m | — | — |
| Total assets | HK$649.7m | HK$649.7m | HK$528.0m | HK$333.8m | HK$333.8m | HK$333.8m | HK$368.4m | HK$368.4m |
| Cash and short-term investments | HK$8.6m | HK$8.6m | HK$26.5m | HK$20.4m | — | HK$20.4m | HK$30.5m | HK$30.5m |
| Debt | HK$135.8m | HK$135.8m | HK$84.6m | HK$81.5m | — | HK$81.5m | HK$59.7m | HK$59.7m |
| Shareholders' equity | HK$75.1m | HK$75.1m | HK$188.2m | HK$163.0m | HK$163.0m | HK$163.0m | HK$180.9m | HK$180.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 36.3% | 23.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 12.6% | 17.5% | 18.4% | — |
| Operating margin | -16.5% | -6.5% | -2.8% | — |
| Net margin | -24.2% | -6.6% | -3.3% | — |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Price to earnings | -0.0 | 69.2 | 23.4 |
| Price to sales | 0.0 | 1.4 | 1.8 |
Share price return
Finished calendar years
| 2025 | 2024 | |
|---|---|---|
| Return | 28% | -5% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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