MiniMax Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	79.04	30.52	3.46	-
Revenue Growth (YoY)	158.95%	782.17%	-	-
Cost of Revenue	58.96	26.79	4.31	-
Gross Profit	20.08	3.74	-0.85	-
Selling, General & Admin	88.71	101.38	30.44	3.8
Research & Development	252.77	188.98	70	10.56
Operating Expenses	341.54	290.45	100.45	14.36
Operating Income	-321.46	-286.71	-101.3	-14.36
Interest Expense	-0.67	-0.51	-0.06	-0.01
Interest & Investment Income	-	20.45	7.79	0.04
Currency Exchange Gain (Loss)	-	0	0.31	0.18
Other Non Operating Income (Expenses)	-1,549	-214.18	-176.77	-60.51
EBT Excluding Unusual Items	-1,872	-480.95	-270.03	-74.67
Gain (Loss) on Sale of Investments	-	15.71	0.79	0.94
Pretax Income	-1,872	-465.24	-269.25	-73.73
Net Income	-1,872	-465.24	-269.25	-73.73
Net Income to Common	-1,872	-465.24	-269.25	-73.73
Shares Outstanding (Basic)	109	109	105	100
Shares Outstanding (Diluted)	109	109	105	100
Shares Change (YoY)	-0.02%	3.15%	5.33%	-
EPS (Basic)	-17.23	-4.28	-2.56	-0.74
EPS (Diluted)	-17.23	-4.28	-2.56	-0.74
Free Cash Flow	-	-259.24	-65.15	-11.28
Free Cash Flow Per Share	-	-2.39	-0.62	-0.11
Gross Margin	25.40%	12.25%	-24.68%	-
Operating Margin	-406.72%	-939.32%	-2927.78%	-
Profit Margin	-2368.00%	-1524.22%	-7781.68%	-
Free Cash Flow Margin	-	-849.33%	-1883.01%	-
EBITDA	-320.69	-286.26	-101.12	-14.34
D&A For EBITDA	0.78	0.45	0.18	0.03
EBIT	-321.46	-286.71	-101.3	-14.36
Advertising Expenses	-	84.86	22.04	0.35

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