Neo-Concept International Group Holdings Ltd

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
REVENUES, NET $240.5m $347.5m $174.2m $235.7m $137.2m $137.2m
Revenues (note 26) $2.8b $3.0b $2.8b $4.1b $4.5b $4.3b $4.8b $5.6b
COST OF REVENUES $1.8b
$2.0b +7.81%
$1.7b -11.16%
($217.9m) -112.52%
($305.6m) -40.23%
($139.2m) +54.47%
($186.2m) -33.82%
($86.6m) +53.52%
$86.6m +200.00%
Gross profit $22.6m
$41.8m +85.17%
$35.0m -16.22%
$49.4m +41.08%
$50.7m +2.51%
$50.7m 0.00%
Selling, general and administrative expenses $705.8m $744.9m $709.7m $1.0b $1.1b $1.2b $1.3b $1.6b $46.8m
Operating lease expenses ($2.5m) ($3.1m) ($6.7m)
Operating lease expenses – related party ($720k) ($720k) ($720k)
Interest expense ($2.5m) ($6.1m) ($5.8m) ($3.8m) ($1.3m) $1.3m
Interest expense, net $20.8m $29.5m $30.9m $31.8m $48.6m $94.1m $85.8m $82.4m $1.3m
Interest income $1 $1 $93k $32k $0
OTHER INCOME (EXPENSES)
Other expense ($6k) ($7k) ($303k) ($195k)
Other income, net ($1.3m) $212k $13k ($5.1m) $1.3m
Total other expenses, net ($3.6m) ($3.3m) ($2.4m) ($27k)
Income before tax expenses $181.8m $190.6m $136.5m $7.2m $15.4m $5.7m $9.1m $1.8m $1.8m
Income tax expenses $53.3m $53.0m $42.0m ($1.7m) ($3.0m) ($1.3m) ($1.1m) ($1.4m) $1.4m
NET INCOME $128.6m
$137.6m +7.01%
$94.5m -31.32%
$5.5m -94.23%
$12.4m +127.51%
$4.4m -64.40%
$8.1m +82.65%
$332k -95.89%
$332k 0.00%
Net earnings $128.6m
$137.6m +7.01%
$94.5m -31.32%
($237.6m) -351.41%
$194.5m +181.89%
$144.7m -25.63%
$236.9m +63.75%
$224.6m -5.23%
$332k -99.85%
Net earnings attributable to Company $97.7m $102.9m $49.1m ($390.3m) $46.3m $65.5m $161.7m $103.1m
Earnings per share – basic (in Dollars per share and Dollars per share) $2.49 $2.60 $1.23 $0.30 $0.69 $0.25 $0.41 $0.08 $0.64
Earnings per share – diluted (in Dollars per share and Dollars per share) $2.45 $2.57 $1.22 ($9.09) $0.69 $0.25 $0.41 $0.08 $0.64
Basic (in Shares) $18.0m $18.0m $18.0m $19.6m $4.1m $508k
Diluted (in Shares) $18.0m $18.0m $18.0m $19.6m $4.1m $508k
Depreciation $30.6m $33.4m $39.3m ($2.5m) ($2.5m) ($2.5m) ($3.8m) ($1.7m) $1.7m
Amortization $48.2m $61.3m $86.6m $99.2m ($137k) ($112k) ($1.5m) ($2.5m) $2.5m
Staff cost ($6.3m) ($12.4m) ($13.3m) ($18.5m) ($21.8m)
Professional fee ($624k) ($3.7m) ($2.2m) ($2.8m) ($3.6m)
(Provision for) reversal of expected credit losses ($1.4m) ($1.3m) $2.1m
Government rates ($454k) ($1.3m) ($2.1m)
Office general expenses ($454k) ($753k) ($1.3m)
Others ($1.3m) ($972k) ($2.8m) ($4.9m) ($4.0m)
INCOME FROM OPERATION $201.4m $218.2m $164.6m $4.5m $18.9m $9.0m $11.6m $1.8m $1.8m
Agency income – related party $2.9m $2.6m $2.7m $1.2m $1.5m
Foreign currency translation adjustment $138k $2.5m ($1.1m) $154k ($559k)
Acquisition-related items (note 7) $22.0m $28.5m $45.8m $61.0m $77.1m $47.1m ($27.8m) $29.9m
Loss on disposal of operations (note 5) $0 $26.8m $2.3m $0 $696k
Equity earnings from non-consolidated investments ($2.1m) ($2.9m) ($6.2m) ($6.7m) ($5.1m) ($7.3m) ($12.5m)
Non-controlling interest share of earnings $23.2m $26.8m $29.6m $53.5m $53.9m $56.6m $54.0m $57.8m
Non-controlling interest redemption increment (note 17) $7.7m $7.9m $15.8m $99.3m $94.4m $22.6m $21.2m $63.6m
Settlement of long-term incentive arrangement ("LTIA") (note 22) $0 $471.9m $0
Total expenses ($18.1m) ($22.9m) ($26.0m) ($37.9m) ($48.9m) $48.9m
TOTAL COMPREHENSIVE INCOME (LOSS) $5.6m $14.9m $3.3m $8.2m ($227k)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.