Manycore Tech Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2020	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Revenue	819.99	754.83	663.54	353.42	282.3
Revenue Growth (YoY)	8.63%	13.76%	87.75%	25.20%	-
Cost of Revenue	145.71	144.07	154.23	114.67	88
Gross Profit	674.29	610.76	509.31	238.75	194.29
Selling, General & Admin	385.18	422.89	452.36	286.51	281.82
Research & Development	290.94	337.35	390.81	270.71	191.77
Other Operating Expenses	-16.3	-11.9	-16.38	-9	-5.46
Operating Expenses	659.82	748.33	826.79	548.22	468.13
Operating Income	14.47	-137.57	-317.48	-309.48	-273.84
Interest Expense	-1.08	-1.25	-1.09	-	-
Interest & Investment Income	10.51	15.04	18.4	12.28	14.16
Earnings From Equity Investments	0.09	-0.05	-0.2	-	-
Currency Exchange Gain (Loss)	-2.6	0.19	0.09	0.59	-0.88
EBT Excluding Unusual Items	21.39	-123.64	-300.28	-296.61	-260.56
Impairment of Goodwill	-2.69	-	-	-	-
Gain (Loss) on Sale of Investments	-3.17	5.74	4.77	-	-
Gain (Loss) on Sale of Assets	6.83	1.01	0.23	-	-
Asset Writedown	-4.77	-	-	-	-
Other Unusual Items	-445.49	-396.58	-350.81	-	-
Pretax Income	-427.91	-513.47	-646.1	-296.61	-260.56
Net Income	-427.91	-513.47	-646.1	-296.61	-260.56
Preferred Dividends & Other Adjustments	-	-	-	133.41	150.16
Net Income to Common	-427.91	-513.47	-646.1	-430.02	-410.71
Shares Outstanding (Basic)	450	452	452	420	381
Shares Outstanding (Diluted)	450	452	452	420	381
Shares Change (YoY)	-0.52%	-	7.73%	10.32%	-
EPS (Basic)	-0.95	-1.13	-1.43	-1.02	-1.08
EPS (Diluted)	-0.95	-1.13	-1.43	-1.02	-1.08
Free Cash Flow	-54.52	-139.05	-93.71	-163.27	-112.49
Free Cash Flow Per Share	-0.12	-0.31	-0.21	-0.39	-0.29
Gross Margin	82.23%	80.91%	76.76%	67.55%	68.83%
Operating Margin	1.76%	-18.23%	-47.85%	-87.57%	-97.00%
Profit Margin	-52.18%	-68.03%	-97.37%	-121.67%	-145.49%
Free Cash Flow Margin	-6.65%	-18.42%	-14.12%	-46.20%	-39.85%
EBITDA	37.47	-116.24	-291.82	-279.79	-252.97
EBITDA Margin	4.57%	-15.40%	-43.98%	-79.17%	-89.61%
D&A For EBITDA	23	21.34	25.66	29.69	20.87
EBIT	14.47	-137.57	-317.48	-309.48	-273.84
EBIT Margin	1.76%	-18.22%	-47.85%	-87.57%	-97.00%
Revenue as Reported	-	-	-	353.42	282.3

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