New Concepts Holdings Limited (02221.HK) Financial Statements

Income statement

Metric	TTM	2026	2025	2024	2023
Revenue
Total Revenue	1.7B	737.1M	929.2M	628.2M	545.2M
Cost of Revenue	1.5B	653.3M	870.2M	567.1M	491.6M
Gross Profit	142.8M	83.9M	59.0M	61.1M	53.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	224.3M	122.8M	111.0M	99.0M	95.6M
General & Admin Expense	111.0M	—	111.0M	97.2M	91.7M
Selling & Marketing Expense	—	—	—	1.8M	3.9M
Other Expenses	—	—	(4.3M)	—	—
Total Operating Expenses	224.3M	122.8M	106.6M	99.0M	95.6M
Cost and Expenses	1.7B	776.0M	976.9M	666.1M	587.2M
Operating Income (EBIT)	(81.4M)	(38.9M)	(47.7M)	(37.9M)	(42.0M)
Non-Operating
Interest Income	143.0K	10.0K	7.0K	2.0M	1.0M
Interest Expense	27.0M	14.6M	11.8M	12.0M	10.8M
Net Interest Income	(27.0M)	(14.6M)	(11.8M)	(10.0M)	(9.8M)
Other Non-Op Income/Expense	(107.3M)	(57.1M)	(45.1M)	69.7M	27.3M
Non-Operating Income (excl Interest)	(16.1M)	—	33.3M	(81.6M)	(38.2M)
EBT (Pre-Tax Income)	(188.8M)	(96.0M)	(92.7M)	31.8M	(14.7M)
Income Tax Expense	(17.0M)	(14.2M)	(2.9M)	(277.0K)	4.0M
Bottom Line
Net Income	(139.1M)	(58.4M)	(80.7M)	2.9M	(20.8M)
Earnings from Cont. Ops	(171.7M)	(81.9M)	(89.8M)	32.1M	(18.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(139.1M)	(58.4M)	(80.7M)	2.9M	(20.8M)
Per Share
Basic EPS	(HK$0.78)	(HK$0.31)	(HK$0.50)	HK$0.02	(HK$0.16)
Diluted EPS	(HK$0.78)	(HK$0.31)	(HK$0.50)	HK$0.02	(HK$0.16)
Revenue Per Share	HK$7.27	HK$3.98	HK$5.79	HK$4.03	HK$4.20
Shares
Basic Shares Outstanding	229.3M	185.4M	160.6M	155.9M	129.7M
Diluted Shares Outstanding	229.3M	185.4M	160.6M	156.3M	129.7M
Profitability Metrics
EBITDA	(11.8M)	(15.3M)	(49.0M)	73.9M	23.2M
D&A	53.5M	23.6M	31.9M	30.0M	27.1M
EBIT	(65.4M)	(38.9M)	(80.9M)	43.8M	(3.9M)

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