Launch Tech Company Limited (FRA:LAN)

Launch Tech Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,912	1,825	1,513	1,130	1,295	1,026
Other Revenue	57.54	57.54	85.31	47.09	49.91	42.19
Revenue	1,969	1,882	1,598	1,177	1,345	1,069
Revenue Growth (YoY)	11.15%	17.75%	35.79%	-12.47%	25.84%	13.48%
Cost of Revenue	1,044	1,004	924.78	751.86	825.13	599.99
Gross Profit	924.88	877.8	673.58	425.23	519.68	468.67
Selling, General & Admin	401.67	366.84	319.31	208.17	202.64	201.81
Research & Development	207.41	200.08	172.16	186.87	196.63	268.24
Other Operating Expenses	-24.71	-20.97	-14.01	-19.25	-6.07	-22.97
Operating Expenses	565.7	542.51	481.77	354.82	408.4	541.21
Operating Income	359.18	335.29	191.81	70.41	111.28	-72.55
Interest Expense	-9.55	-13.55	-15.92	-23.27	-14.1	-19.53
Interest & Investment Income	8.49	14.22	10.84	285.16	1.39	2.93
Currency Exchange Gain (Loss)	11.94	11.94	-4.26	20.2	-4.42	-18.1
Other Non Operating Income (Expenses)	-7.56	4.24	3.69	-9.13	-1.41	-1.56
EBT Excluding Unusual Items	362.5	352.14	186.15	343.37	92.75	-108.81
Impairment of Goodwill	-	-	-14.69	-	-	-
Gain (Loss) on Sale of Investments	0.08	0.08	0.02	-0.01	-0.01	-
Gain (Loss) on Sale of Assets	-0.29	-0.29	1.36	-0.86	-1.96	5.83
Asset Writedown	31.48	-	-	-	-1.18	-16.31
Other Unusual Items	-3.01	-3.01	-	-	12.46	-
Pretax Income	390.75	348.91	172.84	342.5	102.07	-119.3
Income Tax Expense	6.06	7.65	3.94	14.47	9.68	1.17
Earnings From Continuing Operations	384.7	341.26	168.9	328.03	92.39	-120.46
Minority Interest in Earnings	-2.91	-1.76	0	-	-	-
Net Income	381.79	339.51	168.9	328.03	92.39	-120.46
Net Income to Common	381.79	339.51	168.9	328.03	92.39	-120.46
Net Income Growth	48.95%	101.01%	-48.51%	255.06%	-	-
Shares Outstanding (Basic)	416	416	430	432	432	432
Shares Outstanding (Diluted)	416	416	430	432	432	432
Shares Change (YoY)	-1.34%	-3.20%	-0.61%	0.01%	-0.02%	-0.89%
EPS (Basic)	0.92	0.82	0.39	0.76	0.21	-0.28
EPS (Diluted)	0.92	0.82	0.39	0.76	0.21	-0.28
EPS Growth	50.98%	107.65%	-48.20%	255.01%	-	-
Free Cash Flow	434.04	315.94	76.97	9.24	-63.23	158.45
Free Cash Flow Per Share	1.04	0.76	0.18	0.02	-0.15	0.37
Dividend Per Share	0.760	0.650	0.580	-	-	-
Dividend Growth	72.79%	12.07%	-	-	-	-
Gross Margin	46.97%	46.64%	42.14%	36.13%	38.64%	43.86%
Operating Margin	18.24%	17.82%	12.00%	5.98%	8.28%	-6.79%
Profit Margin	19.39%	18.04%	10.57%	27.87%	6.87%	-11.27%
Free Cash Flow Margin	22.04%	16.79%	4.82%	0.78%	-4.70%	14.83%
EBITDA	381.71	362.82	231.52	119.83	171.46	23.11
EBITDA Margin	19.38%	19.28%	14.49%	10.18%	12.75%	2.16%
D&A For EBITDA	22.53	27.53	39.71	49.42	60.18	95.65
EBIT	359.18	335.29	191.81	70.41	111.28	-72.55
EBIT Margin	18.24%	17.82%	12.00%	5.98%	8.28%	-6.79%
Effective Tax Rate	1.55%	2.19%	2.28%	4.22%	9.48%	-
Advertising Expenses	-	6.43	12.46	7.45	13.72	24.86

Source: S&P Global Market Intelligence. Standard template. Financial Sources.