Also trades as: 1208.HK (HKSE) · $vol 56M

$1.09

+0.00 (+0.00%)

OTC · Basic Materials · Copper · Tech Score Sell · Power 54 · $14.0B mcap · 4.18B float · 0.0007% daily turnover · Short 58% of daily vol

Revenue

$6.2B +39.0% ▲

5Y CAGR: +15.5%

Gross Profit

$2.7B +56.5% ▲

5Y CAGR: +29.0%

Operating Income

$2.3B +111.6% ▲

5Y CAGR: +34.6%

Net Income

$510M +215.1% ▲

EPS (Diluted)

$0.04 +175.7% ▲

EBITDA

$3.4B +69.1% ▲

5Y CAGR: +20.1%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.2B	$3.3B	$4.3B	$4.5B	$6.2B
YoY Growth	+39.8%	-23.1%	+33.2%	+3.1%	+39.0%
Cost of Revenue	$2.2B	$2.2B	$3.5B	$2.7B	$3.5B
Gross Profit	$2.1B	$1.0B	$842M	$1.7B	$2.7B
Gross Margin	48.3%	31.2%	19.4%	39.0%	43.9%
R&D Expenses	$14M	$5M	$1M	$2M	$0
SG&A Expenses	$129M	$137M	$141M	$151M	$388M
Operating Expenses	$35M	$254M	$284M	$640M	$391M
Operating Income	$1.8B	$762M	$1.5B	$1.1B	$2.3B
Operating Margin	41.7%	23.4%	33.7%	24.7%	37.6%
Interest Expense	$318M	$287M	$384M	$370M	$290M
Income Before Tax	$1.5B	$462M	$190M	$621M	$1.7B
Tax Expense	$581M	$218M	$68M	$255M	$773M
Net Income	$667M	$172M	$9M	$162M	$510M
Net Margin	15.7%	5.3%	0.2%	3.6%	8.2%
EPS (Diluted)	$0.08	$0.02	$0.00	$0.02	$0.04
EBITDA	$2.6B	$1.6B	$1.5B	$2.0B	$3.4B
Shares Outstanding	8.49B	8.70B	9.23B	10.67B	12.25B

Line Item	FY2022 Q4	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2
Revenue	$1.9B	$1.9B	$2.5B	$1.9B	$2.6B	$2.8B	$3.4B	$4.5B
Cost of Revenue	$1.2B	$1.6B	$1.9B	$1.1B	$1.6B	$1.3B	$1.9B	$2.0B
Gross Profit	$616M	$316M	$536M	$804M	$922M	$1.5B	$1.5B	$2.5B
Gross Margin	33.3%	16.6%	21.8%	41.9%	35.9%	54.0%	43.4%	55.2%
R&D Expenses	$3M	$0	$700K	$0	$2M	$0	$0	$0
SG&A Expenses	$133M	$129M	$154M	$27M	$166M	$0	$213M	$274M
Operating Expenses	$133M	$129M	$154M	$27M	$612M	$173M	$217M	$275M
Operating Income	$482M	$186M	$382M	$777M	$756M	$1.5B	$1.3B	$2.2B
Operating Margin	26.0%	9.8%	15.6%	40.5%	29.5%	54.0%	37.1%	49.2%
Interest Expense	$151M	$165M	$200M	$291M	$197M	$130M	$159M	$113M
Income Before Tax	$298M	$10M	$180M	$143M	$479M	$919M	$809M	$2.1B
Tax Expense	$144M	$34M	$33M	$64M	$192M	$353M	$420M	$697M
Net Income	$93M	-$59M	$68M	$21M	$141M	$340M	$170M	$895M
Net Margin	5.0%	-3.1%	2.8%	1.1%	5.5%	12.1%	5.0%	19.8%
EPS (Diluted)	$0.01	$-0.01	$0.01	$0.00	$0.01	$0.03	$0.01	$0.07
EBITDA	$898M	$632M	$855M	$1.6B	$1.2B	$1.5B	$1.9B	$2.8B
Shares Outstanding	9.25B	9.18B	9.20B	9.28B	10.91B	12.15B	12.20B	12.68B

MMLTF OTC