Black Sesame International Holding Limited (02533.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	822.3M	822.3M	474.3M	312.4M	165.4M
Cost of Revenue	485.2M	485.2M	279.5M	235.2M	116.8M
Gross Profit	337.1M	337.1M	194.7M	77.1M	48.6M
Operating Expenses
R&D Expense	1.4B	1.4B	1.4B	1.4B	764.1M
SG&A Expense	396.1M	386.2M	489.6M	420.8M	45.6M
General & Admin Expense	298.3M	298.3M	368.8M	319.0M	33.0M
Selling & Marketing Expense	87.9M	87.9M	120.8M	101.8M	12.7M
Other Expenses	(28.1M)	21.3M	23.9M	(9.3M)	291.7M
Total Operating Expenses	1.8B	1.8B	1.9B	1.8B	1.1B
Cost and Expenses	2.3B	2.3B	2.2B	2.0B	1.2B
Operating Income (EBIT)	(1.4B)	(1.4B)	(1.8B)	(1.7B)	(1.1B)
Non-Operating
Interest Income	10.3M	56.7M	40.6M	25.9M	16.1M
Interest Expense	—	32.7M	15.5M	2.1M	2.7M
Net Interest Income	26.6M	23.9M	25.0M	23.8M	13.5M
Other Non-Op Income/Expense	23.6M	50.4M	2.1B	(3.2B)	(1.7B)
Non-Operating Income (excl Interest)	13.3M	—	(2.1B)	3.2B	1.7B
EBT (Pre-Tax Income)	(1.4B)	(1.4B)	313.3M	(4.9B)	(2.8B)
Income Tax Expense	21.0K	20.5K	—	—	—
Bottom Line
Net Income	(1.4B)	(1.4B)	313.3M	(4.9B)	(2.8B)
Earnings from Cont. Ops	(1.4B)	(1.4B)	313.3M	(4.9B)	(2.8B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(1.4B)	(1.4B)	(1.7B)	(4.9B)	(2.8B)
Per Share
Basic EPS	(HK$2.38)	(HK$2.31)	(HK$3.05)	(HK$8.53)	(HK$4.84)
Diluted EPS	(HK$2.40)	(HK$2.31)	(HK$3.05)	(HK$8.53)	(HK$4.84)
Revenue Per Share	HK$1.37	HK$1.37	HK$0.83	HK$0.55	HK$0.29
Shares
Basic Shares Outstanding	599.8M	601.3M	569.2M	569.2M	569.2M
Diluted Shares Outstanding	614.4M	601.3M	569.2M	569.2M	569.2M
Profitability Metrics
EBITDA	(1.4B)	(1.3B)	441.4M	(4.8B)	(2.7B)
D&A	69.1M	108.0M	112.5M	86.5M	49.7M
EBIT	(1.5B)	(1.4B)	328.9M	(4.9B)	(2.8B)

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 Dec 1, 2025