MiniMax Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	64.51	30.52	3.46	-
Revenue Growth (YoY)	-	782.17%	-	-
Cost of Revenue	48.8	26.79	4.31	-
Gross Profit	15.7	3.74	-0.85	-
Selling, General & Admin	99.78	101.38	30.44	3.8
Research & Development	230.61	188.98	70	10.56
Operating Expenses	330.43	290.45	100.45	14.36
Operating Income	-314.72	-286.71	-101.3	-14.36
Interest Expense	-0.7	-0.51	-0.06	-0.01
Interest & Investment Income	11.13	20.45	7.79	0.04
Currency Exchange Gain (Loss)	0.19	0	0.31	0.18
Other Non Operating Income (Expenses)	-398.24	-214.18	-176.77	-60.51
EBT Excluding Unusual Items	-702.35	-480.95	-270.03	-74.67
Gain (Loss) on Sale of Investments	29.44	15.71	0.79	0.94
Pretax Income	-672.91	-465.24	-269.25	-73.73
Net Income	-672.91	-465.24	-269.25	-73.73
Net Income to Common	-672.91	-465.24	-269.25	-73.73
Shares Outstanding (Basic)	109	109	105	100
Shares Outstanding (Diluted)	109	109	105	100
Shares Change (YoY)	-	3.15%	5.33%	-
EPS (Basic)	-6.19	-4.28	-2.56	-0.74
EPS (Diluted)	-6.19	-4.28	-2.56	-0.74
Free Cash Flow	-273.03	-259.24	-65.15	-11.28
Free Cash Flow Per Share	-2.51	-2.39	-0.62	-0.11
Gross Margin	24.34%	12.25%	-24.68%	-
Operating Margin	-487.90%	-939.32%	-2927.78%	-
Profit Margin	-1043.17%	-1524.22%	-7781.68%	-
Free Cash Flow Margin	-423.25%	-849.33%	-1883.01%	-
EBITDA	-314.02	-286.26	-101.12	-14.34
D&A For EBITDA	0.71	0.45	0.18	0.03
EBIT	-314.72	-286.71	-101.3	-14.36
Advertising Expenses	-	84.86	22.04	0.35

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