Viva Goods Company Limited · HKEX:933
Viva Goods — FY2025 Earnings Presentation
16 slides from Viva Goods's earnings presentation, Mar 20, 2026
Slide 1: Viva Goods Company Limited 2025 Annual Results Presentation
Viva Goods Company Limited (0933.HK) 2025 Annual Results Presentation March 2026 STRICTLY PRIVATE AND CONFIDENTIAL
Slide 2: 2025 Annual Results Highlights
2025 Annual Results Highlights Financial Highlights 1. In response to the impact of US tariff policies and escalating geopolitical risks, the Group strategically adjusted the brand directions, optimized its product assortment and reduced discounts, resulting in a slight decline of 1.2% in overall re
Slide 3: Financial Review
Financial Review
Slide 4: Revenue Analysis
Revenue Analysis Revenue by segment Total revenue was HK$10.3 billion for 2025 Down by 1.2% year-on-year Multi-brand apparel and footwear HK$9.7 billion ︳94.5% Annual revenue in the last five years HK$11.22 billion HK$10.43 billion HK$10.30 billion Sports experience HK$6.90 billion HK$562.8 million
Slide 5: Revenue Analysis of Major Brands – by Sales Channel
Revenue Analysis of Major Brands – by Sales Channel 2025 2024 Revenue Revenue Revenue Revenue By sales channel (HK$’000) contribution (%) (HK$’000) contribution (%) Clarks Direct-operated stores 3,780,582 42.3% 3,723,285 41.3% Wholesale and others 3,764,777 42.2% 3,961,252 44.0% Online channels 1,38
Slide 6: Gross Profit Margin Analysis
Gross Profit Margin Analysis The Group’s gross profit margin in the last five years Overall gross profit margin was 46.4%, which increased by 0.7 p.p. compared with 2024 • Clarks’ gross profit margin increased by 1.2 p.p. year-on-year due to 45.8% 45.7% 45.7% 46.4% effective control on product costs
Slide 7: Profit and Loss Analysis
Profit and Loss Analysis During the year, the Group reported a profit attributable to equity holders amounted to HK$170.4million, turnaround from loss to profit. This was primarily due to better cost control during the year and the decrease in impairment on right-of-use assets and property, plant an
Slide 8: Operating Expenses Analysis
Operating Expenses Analysis Operating expenses ratios 45 41.4% 40.9% 39.3% 40 36.4% 36.6% Selling and distribution expenses * Decreased by 4.5 p.p. to 32.1% 35 32.1% 30 • Due to better cost control and closure of inefficient retail stores, resulting in decrease in staff cost and 25 marketing expense
Slide 9: Liquidity and Cash Analysis
Liquidity and Cash Analysis The Group maintained a steady and effective liquidity position, with the current ratio at above 1 and the gearing ratio at 0.08. HK$’000 As at 31 Dec 2025 As at 31 Dec 2024 Total assets 16,114,201 13,655,046 Cash and cash equivalents* 943,728 860,009 Current assets 5,167,
Slide 10: Business Review
Business Review
Slide 11: Business Updates - Clarks
Business Updates - Clarks Mr. Victor Herrero, as Co-CEO of the Group and Acting 1 CEO of Clarks, successfully led the businesses to turnaround from loss to profit, with financial liquidity significantly improved. Product offering： 2 Key “signature” athleisure product launches; launch of Cloudstepper
Slide 12: Business Updates - Clarks
Business Updates - Clarks Cost savings: Significant cost reduction primarily on logistics, IT, product 1 costs, and people restructuring, with operating efficiency significantly improved. Inventory Efficiency: 2 Ongoing controlled purchasing and active depletion remain a critical focus, with routine
Slide 13: Business Updates – Other Brands
Business Updates – Other Brands Bossini completed privatization in March 2025, becoming an 1 indirect wholly-owned subsidiary of the Group. This reserved more resources for the brand's future development and provided greater operational flexibility. In May 2025, Testoni opened a global flagship stor
Slide 14: Prospects
Prospects
Slide 15: Development Strategies
Development Strategies 1 Rebranding brands with long history and growth potential, improving operational efficiency and increasing brand premiums 2 Implementing brand strategies tailored to local preferences and characteristics of each market 3 Strategically expanding overseas markets, including opt
Slide 16: Investor Relations
Investor Relations Email: vivagoods@dlkadvisory.com Tel: (852) 3796 1111 STRICTLY PRIVATE AND CONFIDENTIAL