Also trades as: 0823.HK (HKSE) · $vol 44M

$4.55

-0.16 (-3.40%)

Weekly Expected Move ±4.5%

$4 $4 $5 $5 $5

OTC · Real Estate · REIT - Retail · Tech Score Sell · Power 44 · $11.9B mcap · 2.60B float · 0.0001% daily turnover · Short 82% of daily vol

Revenue

$14.0B -1.6% ▼

5Y CAGR: +5.2%

Gross Profit

$10.1B -4.8% ▼

5Y CAGR: +4.1%

Operating Income

$9.4B -3.0% ▼

5Y CAGR: +2.7%

Net Income

-$7.4B +16.6% ▲

EPS (Diluted)

$-2.86 +17.1% ▲

EBITDA

-$4.8B +28.0% ▲

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$11.7B	$12.3B	$13.6B	$14.2B	$14.0B
YoY Growth	+7.5%	+5.6%	+10.0%	+4.8%	-1.6%
Cost of Revenue	$2.9B	$3.1B	$3.5B	$3.6B	$3.9B
Gross Profit	$8.8B	$9.2B	$10.1B	$10.6B	$10.1B
Gross Margin	75.1%	74.6%	74.2%	74.7%	72.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$710M	$871M	$766M	$915M	$829M
Operating Expenses	$278M	$495M	$766M	$915M	$699M
Operating Income	$8.5B	$8.7B	$9.3B	$9.7B	$9.4B
Operating Margin	72.7%	70.6%	68.5%	68.2%	67.2%
Interest Expense	$1.2B	$1.8B	$2.2B	$2.1B	$2.0B
Income Before Tax	$7.8B	$16.2B	-$915M	-$8.9B	-$6.8B
Tax Expense	$1.2B	$1.0B	$1.5B	$564M	$947M
Net Income	$6.9B	$15.5B	-$2.0B	-$8.9B	-$7.4B
Net Margin	59.0%	125.2%	-14.6%	-62.3%	-52.8%
EPS (Diluted)	$3.18	$6.92	$-0.77	$-3.45	$-2.86
EBITDA	$9.2B	$18.0B	$1.4B	-$6.7B	-$4.8B
Shares Outstanding	2.19B	2.24B	2.56B	2.57B	330M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$6.1B	$6.3B	$7.0B	$6.6B	$7.3B	$7.1B	$7.0B	$6.9B
Cost of Revenue	$1.5B	$1.6B	$1.7B	$1.7B	$1.8B	$1.9B	$1.9B	$2.0B
Gross Profit	$4.6B	$4.6B	$5.3B	$4.9B	$5.5B	$5.2B	$5.1B	$5.0B
Gross Margin	75.3%	73.9%	75.6%	74.5%	74.9%	72.7%	72.8%	71.6%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$44M	$50M	$49M	$540M	-$391M	$351M	$0	$0
Operating Expenses	$10.5B	$2.1B	$6.8B	$540M	-$391M	$351M	$386M	$322M
Operating Income	$14.0B	$1.5B	-$3.4B	$4.4B	$5.1B	$4.8B	$4.7B	$4.7B
Operating Margin	230.2%	23.3%	-48.2%	66.3%	69.6%	67.8%	67.3%	67.0%
Interest Expense	$665M	$1.2B	$873M	$1.5B	$0	$936M	$799M	$1.2B
Income Before Tax	$0	$0	$0	$2.2B	-$3.2B	-$5.3B	-$1.2B	-$5.6B
Tax Expense	$0	$0	$0	$978M	$406M	$158M	$515M	$432M
Net Income	$2.2B	$2.6B	$2.5B	$1.4B	-$3.7B	-$5.2B	-$1.6B	-$5.8B
Net Margin	35.7%	40.8%	36.3%	21.0%	-50.3%	-73.1%	-22.9%	-83.2%
EPS (Diluted)	$10190000000.00	$-2691000000.00	$-7486000000.00	$0.54	$-1.44	$-2.01	$-0.62	$-2.19
EBITDA	$688M	$4.4B	$570M	$4.4B	$5.1B	$4.8B	$4.8B	-$4.4B
Shares Outstanding	2.12B	2.37B	2.54B	2.58B	2.56B	2.58B	332M	2.59B

LKREF OTC