Seyond Holdings Ltd. (02665.HK) Financial Statements

Income statement

Metric	2025	2024	2023	2022
Revenue
Total Revenue	154.4M	159.6M	121.1M	66.3M
Cost of Revenue	143.8M	173.5M	163.5M	107.6M
Gross Profit	10.6M	(13.9M)	(42.4M)	(41.3M)
Operating Expenses
R&D Expense	38.8M	38.4M	63.8M	78.1M
SG&A Expense	38.5M	101.4M	12.2M	9.4M
General & Admin Expense	—	92.9M	9.1M	7.1M
Selling & Marketing Expense	—	8.5M	3.2M	2.3M
Other Expenses	—	(843.0K)	16.4M	17.4M
Total Operating Expenses	77.2M	139.0M	92.4M	104.9M
Cost and Expenses	221.0M	312.4M	255.9M	212.6M
Operating Income (EBIT)	(66.6M)	(152.9M)	(134.8M)	(146.2M)
Non-Operating
Interest Income	1.5M	1.2M	2.0M	1.5M
Interest Expense	8.6M	2.7M	2.1M	319.0K
Net Interest Income	(7.1M)	(1.5M)	(90.0K)	1.2M
Other Non-Op Income/Expense	(261.9M)	(7.2M)	(83.3M)	(41.6M)
Non-Operating Income (excl Interest)	253.4M	4.5M	81.3M	41.3M
EBT (Pre-Tax Income)	(328.5M)	(160.0M)	(218.1M)	(187.8M)
Income Tax Expense	3.0K	741.0K	872.0K	339.0K
Bottom Line
Net Income	(328.5M)	(160.8M)	(219.0M)	(188.2M)
Earnings from Cont. Ops	(328.5M)	(160.8M)	(219.0M)	(188.2M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(328.5M)	(160.8M)	(219.0M)	(188.2M)
Per Share
Basic EPS	(HK$1.10)	(HK$0.12)	(HK$0.16)	(HK$0.14)
Diluted EPS	(HK$1.10)	(HK$0.12)	(HK$0.16)	(HK$0.14)
Revenue Per Share	HK$0.52	HK$0.12	HK$0.09	HK$0.05
Shares
Basic Shares Outstanding	299.4M	1.4B	1.4B	1.4B
Diluted Shares Outstanding	299.4M	1.4B	1.4B	1.4B
Profitability Metrics
EBITDA	(308.7M)	(147.7M)	(208.5M)	(182.9M)
D&A	11.3M	9.6M	7.5M	4.6M
EBIT	(320.0M)	(157.4M)	(216.0M)	(187.5M)

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