HKG:1247 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	575.14	389.14	150.61	142.42	136.69	115.79
Revenue Growth (YoY)	194.50%	158.37%	5.76%	4.19%	18.05%	-30.26%
Cost of Revenue	560.23	372.59	128.26	117.85	106.61	115.01
Gross Profit	14.91	16.54	22.36	24.57	30.08	0.78
Selling, General & Admin	47.42	46.79	33.84	36.85	45.15	64.52
Other Operating Expenses	-0.5	-1.28	-1.67	-1.16	-0.91	-0.74
Operating Expenses	46.63	45.24	37.78	34.72	46.6	73.43
Operating Income	-31.72	-28.69	-15.43	-10.15	-16.52	-72.65
Interest Expense	-0.61	-0.62	-1.98	-3.97	-4.65	-5
Interest & Investment Income	1.1	1.43	1.54	0.15	0.13	0.16
Earnings From Equity Investments	-	-	-	3.65	-4.38	-0.82
EBT Excluding Unusual Items	-31.23	-27.88	-15.87	-10.32	-25.42	-78.31
Gain (Loss) on Sale of Investments	-	-	3.19	-	-2.33	-
Other Unusual Items	-	-	-	-	2.76	0.1
Pretax Income	-31.23	-27.88	-12.67	-10.32	-24.99	-78.22
Income Tax Expense	0.66	0.54	0.05	-	-	-
Net Income	-31.89	-28.42	-12.72	-10.32	-24.99	-78.22
Net Income to Common	-31.89	-28.42	-12.72	-10.32	-24.99	-78.22
Shares Outstanding (Basic)	189	175	151	133	113	98
Shares Outstanding (Diluted)	189	175	151	133	113	98
Shares Change (YoY)	17.21%	16.28%	13.00%	18.11%	14.63%	-
EPS (Basic)	-0.17	-0.16	-0.08	-0.08	-0.22	-0.79
EPS (Diluted)	-0.17	-0.16	-0.08	-0.08	-0.22	-0.79
Free Cash Flow	-65.85	-47.47	-8.68	-11.63	-18.43	-2.25
Free Cash Flow Per Share	-0.35	-0.27	-0.06	-0.09	-0.16	-0.02
Gross Margin	2.59%	4.25%	14.84%	17.25%	22.01%	0.67%
Operating Margin	-5.51%	-7.37%	-10.24%	-7.12%	-12.08%	-62.75%
Profit Margin	-5.54%	-7.30%	-8.44%	-7.25%	-18.28%	-67.55%
Free Cash Flow Margin	-11.45%	-12.20%	-5.77%	-8.17%	-13.49%	-1.94%
EBITDA	-27.02	-22.74	-8.71	0.68	-8.34	-63.44
EBITDA Margin	-4.70%	-5.84%	-5.78%	0.48%	-6.10%	-54.79%
D&A For EBITDA	4.69	5.95	6.71	10.83	8.18	9.22
EBIT	-31.72	-28.69	-15.43	-10.15	-16.52	-72.65
EBIT Margin	-5.51%	-7.37%	-10.24%	-7.12%	-12.08%	-62.75%

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