EDICO Holdings Interim FY2025/26: Revenue Jumps 139.9%, Net Loss Deepens to HK$10.47 Million

Bulletin Express
06/05

EDICO Holdings (08450) released unaudited results for the six months ended 31 March 2026.

Revenue climbed 139.9% year-on-year to HK$20.51 million, driven by a HK$4.03 million increase in financial-printing income and HK$7.93 million from newly added entertainment, brokerage and related services.

Gross profit improved 58.0% to HK$2.04 million, yet margins contracted to 10.0% (1H FY2024/25: 15.1%) as cost of services rose in tandem with the revenue surge.

Operating expenses accelerated: selling expenses rose to HK$1.59 million (1H FY2024/25: HK$1.07 million) and administrative & other operating expenses expanded to HK$10.66 million (1H FY2024/25: HK$8.79 million).

Net loss widened 36.6% to HK$10.47 million; basic loss per share increased to HK1.05 cent (1H FY2024/25: HK0.77 cent). The Board declared no interim dividend.

Segment performance • Financial printing: revenue HK$12.58 million; segment loss HK$9.49 million. • Entertainment & other: revenue HK$7.93 million; segment loss HK$0.28 million.

Balance sheet highlights (31 March 2026) • Cash and cash equivalents: HK$29.28 million (30 September 2025: HK$30.44 million). • Net current assets: HK$23.79 million; current ratio 1.6x (30 September 2025: 2.3x). • Total equity: HK$27.66 million, down from HK$38.14 million at year-end FY2024/25. • No bank borrowings; gearing ratio not applicable.

Cash flow • Operating activities generated HK$3.04 million (1H FY2024/25: outflow of HK$9.40 million). • Investing activities used HK$1.09 million, mainly for associate-related funding. • Financing outflows of HK$3.11 million reflected lease-liability repayments.

Outlook Management cites the entertainment segment as a strategic initiative to diversify revenue and broaden market presence, while acknowledging continued competitive pressure in the core financial-printing business. No significant events were reported after the balance-sheet date.

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