M&L Holdings Group Ltd
HKEX:8152
Income Statement
Earnings Waterfall
M&L Holdings Group Ltd
Revenue
|
153.7m
HKD
|
Cost of Revenue
|
-98.3m
HKD
|
Gross Profit
|
55.5m
HKD
|
Operating Expenses
|
-41.5m
HKD
|
Operating Income
|
14m
HKD
|
Other Expenses
|
-7.1m
HKD
|
Net Income
|
6.9m
HKD
|
Income Statement
M&L Holdings Group Ltd
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
247
N/A
|
236
-4%
|
208
-12%
|
181
-13%
|
162
-11%
|
139
-14%
|
126
-9%
|
123
-2%
|
114
-8%
|
106
-7%
|
122
+15%
|
133
+9%
|
141
+6%
|
128
-9%
|
103
-20%
|
84
-18%
|
71
-16%
|
84
+18%
|
76
-9%
|
80
+5%
|
86
+7%
|
75
-12%
|
78
+4%
|
70
-11%
|
87
+24%
|
115
+32%
|
133
+16%
|
162
+22%
|
154
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(174)
|
(165)
|
(146)
|
(131)
|
(117)
|
(99)
|
(88)
|
(87)
|
(81)
|
(75)
|
(86)
|
(95)
|
(101)
|
(91)
|
(74)
|
(59)
|
(49)
|
(60)
|
(53)
|
(58)
|
(65)
|
(56)
|
(58)
|
(50)
|
(58)
|
(76)
|
(89)
|
(107)
|
(98)
|
|
Gross Profit |
73
N/A
|
71
-3%
|
62
-13%
|
50
-20%
|
45
-9%
|
41
-10%
|
38
-6%
|
36
-5%
|
33
-7%
|
31
-6%
|
35
+13%
|
37
+5%
|
40
+8%
|
36
-10%
|
28
-22%
|
25
-11%
|
22
-15%
|
24
+12%
|
23
-3%
|
22
-4%
|
21
-6%
|
20
-7%
|
20
+4%
|
20
-3%
|
29
+49%
|
39
+34%
|
44
+13%
|
55
+24%
|
55
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(45)
|
(48)
|
(42)
|
(48)
|
(51)
|
(45)
|
(50)
|
(44)
|
(38)
|
(38)
|
(37)
|
(36)
|
(40)
|
(41)
|
(38)
|
(35)
|
(32)
|
(31)
|
(30)
|
(29)
|
(30)
|
(27)
|
(27)
|
(29)
|
(31)
|
(33)
|
(34)
|
(38)
|
(41)
|
|
Selling, General & Administrative |
(46)
|
(49)
|
(43)
|
(49)
|
(50)
|
(45)
|
(49)
|
(43)
|
(36)
|
(38)
|
(37)
|
(36)
|
(40)
|
(41)
|
(38)
|
(36)
|
(28)
|
(33)
|
(31)
|
(30)
|
(27)
|
(26)
|
(26)
|
(27)
|
(29)
|
(33)
|
(34)
|
(38)
|
(42)
|
|
Depreciation & Amortization |
(1)
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
(1)
|
0
|
(4)
|
(2)
|
(2)
|
0
|
(3)
|
(2)
|
(2)
|
0
|
0
|
|
Other Operating Expenses |
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
2
|
2
|
3
|
1
|
1
|
1
|
0
|
1
|
2
|
2
|
(1)
|
1
|
|
Operating Income |
28
N/A
|
23
-17%
|
20
-13%
|
2
-92%
|
(6)
N/A
|
(5)
+15%
|
(12)
-146%
|
(8)
+33%
|
(4)
+46%
|
(7)
-63%
|
(1)
+81%
|
1
N/A
|
0
-72%
|
(5)
N/A
|
(9)
-107%
|
(10)
-7%
|
(10)
-1%
|
(6)
+36%
|
(7)
-2%
|
(6)
+7%
|
(9)
-40%
|
(7)
+14%
|
(7)
+11%
|
(9)
-35%
|
(2)
+80%
|
6
N/A
|
10
+73%
|
16
+68%
|
14
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(4)
|
(3)
|
(7)
|
(4)
|
(0)
|
3
|
6
|
4
|
1
|
0
|
1
|
(4)
|
(8)
|
(7)
|
(9)
|
(8)
|
(5)
|
(5)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
(1)
|
(1)
|
(1)
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
27
N/A
|
22
-18%
|
19
-13%
|
1
-96%
|
(7)
N/A
|
(6)
+17%
|
(13)
-129%
|
(9)
+31%
|
(5)
+41%
|
(8)
-55%
|
(3)
+65%
|
(3)
+0%
|
(2)
+23%
|
(12)
-441%
|
(14)
-18%
|
(10)
+26%
|
(6)
+36%
|
(1)
+92%
|
(3)
-457%
|
(5)
-77%
|
(9)
-81%
|
(7)
+25%
|
(11)
-59%
|
(17)
-53%
|
(9)
+49%
|
(3)
+61%
|
2
N/A
|
11
+506%
|
9
-15%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(0)
|
1
|
0
|
1
|
(0)
|
0
|
1
|
2
|
2
|
2
|
1
|
0
|
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
22
|
18
|
15
|
(2)
|
(8)
|
(8)
|
(13)
|
(8)
|
(5)
|
(7)
|
(3)
|
(2)
|
(1)
|
(10)
|
(11)
|
(8)
|
(6)
|
(0)
|
(3)
|
(6)
|
(9)
|
(7)
|
(11)
|
(17)
|
(9)
|
(4)
|
1
|
10
|
7
|
|
Income to Minority Interest |
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(0)
|
|
Net Income (Common) |
21
N/A
|
17
-20%
|
14
-16%
|
(2)
N/A
|
(9)
-250%
|
(8)
+12%
|
(13)
-67%
|
(8)
+37%
|
(5)
+38%
|
(7)
-39%
|
(3)
+60%
|
(2)
+11%
|
(1)
+45%
|
(10)
-614%
|
(11)
-14%
|
(8)
+30%
|
(5)
+29%
|
(0)
+93%
|
(3)
-673%
|
(6)
-99%
|
(9)
-55%
|
(7)
+24%
|
(11)
-56%
|
(16)
-51%
|
(8)
+48%
|
(4)
+50%
|
0
N/A
|
9
+2 133%
|
7
-23%
|
|
EPS (Diluted) |
0.05
N/A
|
0.04
-20%
|
0.03
-25%
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.03
-50%
|
-0.02
+33%
|
-0.01
+50%
|
-0.02
-100%
|
0
N/A
|
0
N/A
|
0
N/A
|
-0.02
N/A
|
-0.02
N/A
|
-0.01
+50%
|
-0.01
N/A
|
0
N/A
|
0
N/A
|
-0.01
N/A
|
-0.02
-100%
|
-0.01
+50%
|
-0.02
-100%
|
-0.03
-50%
|
-0.01
+67%
|
-0.01
N/A
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|