Qunabox Group 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 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,663	1,340	1,007	553.62	502.37
Revenue Growth (YoY)	24.17%	33.06%	81.84%	10.20%	-
Cost of Revenue	709.98	589.71	471.43	218.98	156.88
Gross Profit	953.27	749.79	535.27	334.64	345.49
Selling, General & Admin	490.02	385.2	293.82	193.68	217.69
Research & Development	160.16	91.54	63.25	30.11	59.01
Other Operating Expenses	-	-	-	0.33	0.25
Operating Expenses	683.45	511.63	356.87	249.83	293.12
Operating Income	269.81	238.15	178.39	84.81	52.37
Interest Expense	-17.47	-11.93	-1.61	-3.29	-5.6
Interest & Investment Income	27.57	4.21	0.24	0.98	0.34
Currency Exchange Gain (Loss)	-5.02	7.64	0.08	1.57	-
Other Non Operating Income (Expenses)	2.2	-1,892	-18.23	-187.89	-183.76
EBT Excluding Unusual Items	277.1	-1,654	158.88	-103.82	-136.65
Gain (Loss) on Sale of Investments	53.1	21.42	-	-	-
Gain (Loss) on Sale of Assets	-2.61	-3.12	-2.04	-1.35	-0.03
Pretax Income	327.59	-1,636	156.84	-105.17	-136.68
Income Tax Expense	37.47	27.02	20.13	10.89	2.8
Earnings From Continuing Operations	290.12	-1,663	136.7	-116.06	-139.48
Minority Interest in Earnings	-4.38	-9.43	-5.76	0.03	0.01
Net Income	285.74	-1,672	130.94	-116.03	-139.47
Net Income to Common	285.74	-1,672	130.94	-116.03	-139.47
Shares Outstanding (Basic)	264	199	104	104	104
Shares Outstanding (Diluted)	298	199	253	104	104
Shares Change (YoY)	49.53%	-21.18%	142.05%	-	-
EPS (Basic)	1.08	-8.40	1.25	-1.11	-1.34
EPS (Diluted)	0.96	-8.40	0.56	-1.11	-1.34
Free Cash Flow	-	127.12	156.25	-109.35	-176.48
Free Cash Flow Per Share	-	0.64	0.62	-1.05	-1.69
Gross Margin	57.31%	55.97%	53.17%	60.45%	68.77%
Operating Margin	16.22%	17.78%	17.72%	15.32%	10.42%
Profit Margin	17.18%	-124.83%	13.01%	-20.96%	-27.76%
Free Cash Flow Margin	-	9.49%	15.52%	-19.75%	-35.13%
EBITDA	320.28	288.62	233.91	144.52	94.47
EBITDA Margin	19.26%	21.55%	23.23%	26.11%	18.80%
D&A For EBITDA	50.47	50.47	55.52	59.71	42.1
EBIT	269.81	238.15	178.39	84.81	52.37
EBIT Margin	16.22%	17.78%	17.72%	15.32%	10.42%
Effective Tax Rate	11.44%	-	12.84%	-	-

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