Lixiang Education Holding Co., Ltd. (LXEH)

LXEH Income Statement

Financials in millions CNY. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019	2018
Revenue	50.82	41.35	34.44	25.7	13.43	142.52
Revenue Growth (YoY)	22.88%	20.09%	33.97%	91.38%	-90.58%	-
Cost of Revenue	46.85	40.4	17.36	10.75	4.76	89.61
Gross Profit	3.97	0.95	17.08	14.95	8.67	52.91
Selling, General & Admin	25.46	27.73	18.37	10.12	2.12	27.62
Other Operating Expenses	87.82	18.84	0	0	0	0
Operating Expenses	113.28	46.57	18.37	10.12	2.12	27.62
Operating Income	-109.31	-45.62	-1.29	4.83	6.55	25.29
Interest Expense / Income	3.63	4.01	2.39	0.9	1.74	5.09
Other Expense / Income	10.56	-41.89	239.46	-29.65	-42.43	-7.21
Pretax Income	-123.51	-7.74	-243.15	33.59	47.24	27.41
Income Tax	3.12	0.05	0.67	0	0	0
Net Income	-126.63	-7.79	-243.82	33.59	47.24	27.41
Net Income Growth	-	-	-	-28.90%	72.32%	-
Shares Outstanding (Basic)	79	67	67	27	25	25
Shares Outstanding (Diluted)	-	33	33	27	25	25
Shares Change	135.75%	-	23.08%	8.33%	-	-
EPS (Basic)	-8.10	-0.60	-18.30	0.70	9.50	5.50
EPS (Diluted)	-8.10	-0.60	-18.30	0.70	9.50	5.50
EPS Growth	-	-	-	-92.63%	72.73%	-
Free Cash Flow	-61.38	39.67	28.36	49.46	58.76	36.77
Free Cash Flow Per Share	-3.90	2.98	2.13	9.13	11.75	7.36
Gross Margin	7.80%	2.29%	49.60%	58.17%	64.53%	37.13%
Operating Margin	-215.12%	-110.32%	-3.75%	18.78%	48.74%	17.75%
Profit Margin	-249.20%	-18.84%	-708.02%	130.66%	351.69%	19.23%
Free Cash Flow Margin	-120.78%	95.93%	82.35%	192.40%	437.49%	25.80%
EBITDA	-109.53	6.94	-236.47	38.4	52.8	39.97
EBITDA Margin	-215.54%	16.78%	-686.66%	149.39%	393.11%	28.04%
Depreciation & Amortization	10.35	10.67	4.29	3.92	3.83	7.47
EBIT	-119.88	-3.73	-240.76	34.48	48.98	32.5
EBIT Margin	-235.91%	-9.01%	-699.12%	134.15%	364.63%	22.80%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).