Wang On Group Limited (01222.HK) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	5.4B	2.6B	2.7B	2.0B	3.6B
Cost of Revenue	3.8B	2.0B	1.9B	1.2B	2.4B
Gross Profit	1.6B	595.9M	808.8M	823.6M	1.2B
Operating Expenses
R&D Expense	—	1.9M	—	—	1.9M
SG&A Expense	2.0B	930.9M	1.0B	857.1M	965.9M
General & Admin Expense	685.1M	—	463.3M	491.6M	513.0M
Selling & Marketing Expense	809.8M	—	560.8M	365.6M	452.9M
Other Expenses	400.8M	100.8M	(4.7M)	(4.7M)	(74.3M)
Total Operating Expenses	2.4B	1.0B	1.0B	852.5M	1.1B
Cost and Expenses	6.2B	3.1B	3.0B	2.0B	3.4B
Operating Income (EBIT)	(795.4M)	(437.7M)	(210.6M)	(28.8M)	164.7M
Non-Operating
Interest Income	13.8M	4.1M	9.7M	20.2M	21.0M
Interest Expense	684.7M	330.1M	354.6M	364.4M	288.4M
Net Interest Income	(670.8M)	(325.9M)	(344.9M)	(344.2M)	(267.3M)
Other Non-Op Income/Expense	(1.6B)	(763.5M)	(982.1M)	(849.3M)	(67.0M)
Non-Operating Income (excl Interest)	83.6M	—	627.5M	485.0M	(221.4M)
EBT (Pre-Tax Income)	(2.4B)	(1.2B)	(1.2B)	(878.2M)	(222.0M)
Income Tax Expense	(28.6M)	(26.0M)	(2.6M)	38.3M	(526.0K)
Bottom Line
Net Income	(1.7B)	(804.4M)	(922.4M)	(753.8M)	12.8M
Earnings from Cont. Ops	(2.4B)	(1.2B)	(1.2B)	(916.5M)	98.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(1.7B)	(804.4M)	(922.4M)	(753.8M)	12.8M
Per Share
Basic EPS	(HK$0.12)	(HK$0.06)	(HK$0.07)	(HK$0.06)	HK$0.00
Diluted EPS	(HK$0.12)	(HK$0.06)	(HK$0.07)	(HK$0.06)	HK$0.00
Revenue Per Share	HK$0.38	HK$0.19	HK$0.19	HK$0.15	HK$0.25
Shares
Basic Shares Outstanding	14.1B	14.2B	14.2B	13.6B	14.3B
Diluted Shares Outstanding	14.1B	14.2B	14.2B	13.6B	14.3B
Profitability Metrics
EBITDA	(696.1M)	(312.8M)	(705.8M)	(376.6M)	533.8M
D&A	182.9M	124.9M	132.3M	137.1M	147.2M
EBIT	(879.0M)	(437.7M)	(838.1M)	(513.8M)	386.6M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026