MMG Ltd
HKEX:1208
Income Statement
Earnings Waterfall
MMG Ltd
Income Statement
MMG Ltd
| Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | Jun-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
0
|
0
|
0
|
0
|
23
|
53
|
56
|
54
|
55
|
58
|
58
|
55
|
63
|
288
|
509
|
526
|
517
|
515
|
241
|
466
|
432
|
373
|
322
|
294
|
270
|
275
|
305
|
361
|
403
|
370
|
0
|
0
|
|
| Revenue |
165
N/A
|
165
0%
|
429
+160%
|
1 228
+186%
|
1 652
+35%
|
1 217
-26%
|
1 347
+11%
|
1 069
-21%
|
1 085
+2%
|
784
-28%
|
802
+2%
|
1 370
+71%
|
3 582
+161%
|
3 808
+6%
|
2 228
-41%
|
2 376
+7%
|
2 499
+5%
|
2 458
-2%
|
2 470
+0%
|
2 486
+1%
|
2 480
0%
|
2 400
-3%
|
1 951
-19%
|
1 423
-27%
|
2 489
+75%
|
3 653
+47%
|
3 751
+3%
|
3 900
+4%
|
3 670
-6%
|
3 159
-14%
|
3 032
-4%
|
2 836
-6%
|
3 034
+7%
|
4 276
+41%
|
4 255
0%
|
3 230
-24%
|
3 254
+1%
|
3 742
+15%
|
4 347
+16%
|
4 369
+1%
|
4 479
+3%
|
5 378
+20%
|
6 218
+16%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(141)
|
(144)
|
(389)
|
(1 064)
|
(1 466)
|
(1 098)
|
(1 227)
|
(980)
|
(1 042)
|
(768)
|
(771)
|
(956)
|
(2 642)
|
(2 772)
|
(1 302)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Gross Profit |
25
N/A
|
21
-17%
|
39
+89%
|
164
+320%
|
185
+13%
|
118
-36%
|
120
+1%
|
89
-26%
|
43
-52%
|
16
-63%
|
31
+96%
|
415
+1 242%
|
940
+127%
|
1 037
+10%
|
926
-11%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(5)
|
6
|
(20)
|
(39)
|
(30)
|
(31)
|
(22)
|
(26)
|
(34)
|
(29)
|
(35)
|
(148)
|
(297)
|
(239)
|
(408)
|
(1 924)
|
(2 092)
|
(2 194)
|
(2 191)
|
(2 186)
|
(2 246)
|
(2 285)
|
(2 180)
|
(2 611)
|
(2 252)
|
(2 736)
|
(2 631)
|
(2 640)
|
(2 852)
|
(2 708)
|
(2 540)
|
(2 713)
|
(2 580)
|
(2 756)
|
(2 425)
|
(2 146)
|
(2 500)
|
(3 108)
|
(3 812)
|
(3 716)
|
(3 421)
|
(3 640)
|
(3 927)
|
|
| Selling, General & Administrative |
(14)
|
(13)
|
(17)
|
(29)
|
(33)
|
(29)
|
(34)
|
(37)
|
(38)
|
(33)
|
(31)
|
(72)
|
(166)
|
(192)
|
(216)
|
0
|
(207)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
(51)
|
(56)
|
(64)
|
0
|
(77)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(145)
|
(448)
|
(373)
|
(473)
|
(512)
|
(537)
|
(670)
|
(649)
|
(470)
|
(685)
|
(869)
|
(819)
|
(839)
|
(918)
|
(963)
|
(970)
|
(925)
|
(928)
|
(975)
|
(898)
|
(795)
|
(790)
|
(885)
|
(930)
|
(952)
|
(1 006)
|
(1 019)
|
(1 123)
|
|
| Other Operating Expenses |
9
|
19
|
(3)
|
(9)
|
4
|
(2)
|
12
|
11
|
4
|
4
|
(4)
|
(58)
|
(81)
|
10
|
(128)
|
(1 779)
|
(1 361)
|
(1 820)
|
(1 719)
|
(1 674)
|
(1 709)
|
(1 615)
|
(1 530)
|
(2 141)
|
(1 567)
|
(1 867)
|
(1 812)
|
(1 801)
|
(1 934)
|
(1 745)
|
(1 570)
|
(1 788)
|
(1 652)
|
(1 781)
|
(1 527)
|
(1 351)
|
(1 710)
|
(2 223)
|
(2 882)
|
(2 763)
|
(2 415)
|
(2 621)
|
(2 804)
|
|
| Operating Income |
20
N/A
|
27
+38%
|
19
-30%
|
126
+558%
|
156
+24%
|
88
-44%
|
98
+12%
|
64
-35%
|
9
-86%
|
(13)
N/A
|
(4)
+73%
|
267
N/A
|
642
+141%
|
798
+24%
|
518
-35%
|
453
-13%
|
407
-10%
|
265
-35%
|
279
+5%
|
300
+8%
|
234
-22%
|
115
-51%
|
(229)
N/A
|
(1 188)
-419%
|
237
N/A
|
916
+287%
|
1 120
+22%
|
1 260
+12%
|
818
-35%
|
451
-45%
|
493
+9%
|
123
-75%
|
454
+268%
|
1 520
+235%
|
1 830
+20%
|
1 083
-41%
|
754
-30%
|
635
-16%
|
534
-16%
|
653
+22%
|
1 058
+62%
|
1 738
+64%
|
2 291
+32%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(0)
|
(0)
|
2
|
(16)
|
1
|
(6)
|
26
|
0
|
(8)
|
5
|
(13)
|
(1)
|
(8)
|
(26)
|
(40)
|
(88)
|
(52)
|
(51)
|
(50)
|
(44)
|
(46)
|
(51)
|
(59)
|
(257)
|
(504)
|
(544)
|
(511)
|
(508)
|
(498)
|
(454)
|
(427)
|
(371)
|
(320)
|
(288)
|
(262)
|
(260)
|
(288)
|
(300)
|
(307)
|
(289)
|
(238)
|
(234)
|
|
| Non-Reccuring Items |
13
|
0
|
10
|
0
|
(71)
|
(66)
|
33
|
0
|
(6)
|
36
|
28
|
0
|
(82)
|
57
|
217
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(897)
|
0
|
0
|
0
|
176
|
5
|
15
|
0
|
(151)
|
0
|
(2)
|
0
|
(2)
|
0
|
(9)
|
0
|
(3)
|
0
|
(68)
|
0
|
(292)
|
|
| Total Other Income |
0
|
(0)
|
0
|
0
|
(0)
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(19)
|
0
|
(33)
|
(26)
|
(25)
|
(25)
|
(30)
|
(34)
|
(31)
|
(28)
|
(21)
|
(12)
|
(12)
|
(19)
|
(45)
|
(58)
|
(39)
|
(29)
|
(28)
|
(36)
|
(29)
|
(25)
|
(40)
|
(42)
|
(22)
|
(80)
|
(102)
|
(39)
|
|
| Pre-Tax Income |
32
N/A
|
27
-15%
|
29
+9%
|
127
+334%
|
69
-46%
|
23
-67%
|
125
+442%
|
90
-28%
|
3
-97%
|
15
+374%
|
29
+100%
|
254
+764%
|
560
+121%
|
847
+51%
|
709
-16%
|
391
-45%
|
318
-19%
|
178
-44%
|
201
+13%
|
224
+11%
|
164
-27%
|
38
-77%
|
(1 211)
N/A
|
(1 278)
-6%
|
(48)
+96%
|
392
N/A
|
741
+89%
|
742
+0%
|
306
-59%
|
(92)
N/A
|
(170)
-84%
|
(343)
-102%
|
52
N/A
|
1 172
+2 136%
|
1 504
+28%
|
792
-47%
|
461
-42%
|
307
-33%
|
190
-38%
|
323
+70%
|
621
+92%
|
1 398
+125%
|
1 727
+24%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(1)
|
(3)
|
(40)
|
44
|
73
|
(14)
|
(13)
|
1
|
4
|
(5)
|
(25)
|
(130)
|
(251)
|
(226)
|
(156)
|
(100)
|
(53)
|
(79)
|
(90)
|
(65)
|
(35)
|
162
|
184
|
(50)
|
(295)
|
(395)
|
(310)
|
(170)
|
(33)
|
(25)
|
38
|
(47)
|
(399)
|
(583)
|
(366)
|
(217)
|
(178)
|
(68)
|
(97)
|
(255)
|
(545)
|
(772)
|
|
| Income from Continuing Operations |
30
|
26
|
26
|
88
|
113
|
96
|
111
|
77
|
4
|
18
|
24
|
229
|
430
|
596
|
484
|
235
|
218
|
126
|
123
|
134
|
99
|
4
|
(1 049)
|
(1 094)
|
(99)
|
97
|
346
|
433
|
137
|
(125)
|
(195)
|
(305)
|
6
|
772
|
921
|
426
|
244
|
129
|
122
|
227
|
366
|
853
|
955
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(12)
|
(21)
|
(25)
|
(30)
|
(28)
|
(25)
|
(22)
|
(19)
|
(17)
|
5
|
15
|
22
|
21
|
(54)
|
(150)
|
(201)
|
(170)
|
(72)
|
(15)
|
(35)
|
(2)
|
(70)
|
(279)
|
(253)
|
(80)
|
(71)
|
(95)
|
(113)
|
(138)
|
(204)
|
(372)
|
(446)
|
|
| Net Income (Common) |
28
N/A
|
24
-14%
|
23
-3%
|
85
+264%
|
111
+31%
|
94
-15%
|
108
+15%
|
75
-31%
|
3
-97%
|
17
+588%
|
23
+36%
|
274
+1 072%
|
409
+49%
|
552
+35%
|
541
-2%
|
252
-53%
|
193
-24%
|
103
-46%
|
103
0%
|
118
+14%
|
104
-12%
|
18
-82%
|
(1 027)
N/A
|
(1 073)
-5%
|
(153)
+86%
|
(42)
+72%
|
147
N/A
|
258
+75%
|
68
-74%
|
(141)
N/A
|
(230)
-63%
|
(307)
-33%
|
(65)
+79%
|
493
N/A
|
667
+35%
|
347
-48%
|
172
-50%
|
34
-80%
|
9
-74%
|
89
+888%
|
162
+82%
|
481
+197%
|
509
+6%
|
|
| EPS (Diluted) |
0.04
N/A
|
0.04
N/A
|
0.03
-25%
|
0.05
+67%
|
0.06
+20%
|
0.05
-17%
|
0.05
N/A
|
0.03
-40%
|
0
N/A
|
0.01
N/A
|
0.01
N/A
|
0.04
+300%
|
0.08
+100%
|
0.11
+38%
|
0.1
-9%
|
0.03
-70%
|
0.03
N/A
|
0.01
-67%
|
0.02
+100%
|
0.02
N/A
|
0.02
N/A
|
0
N/A
|
-0.18
N/A
|
-0.19
-6%
|
-0.02
+89%
|
-0.01
+50%
|
0.02
N/A
|
0.03
+50%
|
0.01
-67%
|
-0.02
N/A
|
-0.03
-50%
|
-0.04
-33%
|
-0.01
+75%
|
0.06
N/A
|
0.07
+17%
|
0.04
-43%
|
0.02
-50%
|
0
N/A
|
0
N/A
|
0.01
N/A
|
0.02
+100%
|
0.04
+100%
|
0.04
N/A
|
|