Softcare Limited (HKG:2698)

Softcare Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	454.39	411.37	319.9
Revenue Growth (YoY)	10.46%	28.59%	-
Cost of Revenue	294.24	267.62	246.37
Gross Profit	160.15	143.75	73.53
Selling, General & Admin	44.14	49.15	37.84
Research & Development	0.53	0.34	0.16
Operating Expenses	44.67	49.49	37.99
Operating Income	115.48	94.25	35.54
Interest Expense	-0.46	-1.39	-6.98
Interest & Investment Income	0.39	0.39	0.05
Currency Exchange Gain (Loss)	-0.12	-13.75	-4.36
Other Non Operating Income (Expenses)	-2.92	0.05	0.36
EBT Excluding Unusual Items	112.37	79.55	24.6
Gain (Loss) on Sale of Investments	0.67	0.25	0.03
Gain (Loss) on Sale of Assets	0.05	-3.32	-0.01
Pretax Income	113.08	76.49	24.62
Income Tax Expense	17.97	11.81	6.23
Net Income	95.11	64.68	18.39
Net Income to Common	95.11	64.68	18.39
Net Income Growth	47.05%	251.71%	-
Shares Outstanding (Basic)	500	500	500
Shares Outstanding (Diluted)	500	500	500
EPS (Basic)	0.19	0.13	0.04
EPS (Diluted)	0.19	0.13	0.04
EPS Growth	47.05%	251.71%	-
Free Cash Flow	82.99	90.16	-17.79
Free Cash Flow Per Share	0.17	0.18	-0.04
Gross Margin	35.24%	34.94%	22.99%
Operating Margin	25.41%	22.91%	11.11%
Profit Margin	20.93%	15.72%	5.75%
Free Cash Flow Margin	18.26%	21.92%	-5.56%
EBITDA	123.22	101.89	42.38
EBITDA Margin	27.12%	24.77%	13.25%
D&A For EBITDA	7.74	7.64	6.84
EBIT	115.48	94.25	35.54
EBIT Margin	25.41%	22.91%	11.11%
Effective Tax Rate	15.89%	15.44%	25.31%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.