NEW CENTURY LOGISTICS (BVI) LIMITED

NCEW ·Industrials, Integrated Freight & Logistics, China
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022
Revenue $44.1M $52.2M $36.1M $75.2M
Cost of Revenue $43.9M $47.9M $32.6M $63.6M
Gross Profit $162.7K $4.2M $3.5M $11.5M
Gross Margin 0.4% 8.1% 9.7% 15.4%
Operating Expenses
Research & Development
SG&A Expense $11.0M $3.8M $3.0M $3.3M
Operating Income $-10.8M $470.3K $522.5K $8.2M
Operating Margin -24.6% 0.9% 1.4% 11.0%
Interest Expense $20.5K $25.2K $11.8K $60.9K
Pretax Income $-10.8M $394.8K $500.4K $8.3M
Income Tax Expense $-20.6K $174.2K $46.0K $1.3M
Net Income $-10.7M $220.6K $454.4K $7.0M
Net Margin -24.2% 0.4% 1.3% 9.3%
EPS (Basic) $-3.71 $0.09 $0.18 $0.35
EPS (Diluted) $-3.71 $0.09 $0.18 $0.35
Shares Outstanding (Basic) 2.9M 2.5M 2.5M 20.0M
Shares Outstanding (Diluted) 2.9M 2.5M 2.5M 20.0M
Dividends Per Share