Breton Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	635.46	463.74	360.11
Revenue Growth (YoY)	37.03%	28.78%	-
Cost of Revenue	598.62	454.46	351.93
Gross Profit	36.84	9.28	8.17
Selling, General & Admin	168.98	146.46	106.37
Research & Development	81.71	68.56	44.86
Other Operating Expenses	-8.27	-4.44	-1.53
Operating Expenses	322.95	248.36	176.49
Operating Income	-286.11	-239.08	-168.32
Interest Expense	-9.19	-6.92	-13.73
Interest & Investment Income	10.88	16.34	6.45
Earnings From Equity Investments	-3.49	0.59	-0.39
Currency Exchange Gain (Loss)	-	-	0.06
EBT Excluding Unusual Items	-287.9	-229.07	-175.93
Gain (Loss) on Sale of Investments	16.28	-	-1.4
Gain (Loss) on Sale of Assets	-1.13	0.06	-0.25
Other Unusual Items	-1.7	-0.4	0.11
Pretax Income	-274.46	-229.41	-177.47
Income Tax Expense	0.09	0	0.63
Net Income	-274.55	-229.41	-178.1
Preferred Dividends & Other Adjustments	-	-	-29.78
Net Income to Common	-274.55	-229.41	-148.32
Shares Outstanding (Basic)	352	347	232
Shares Outstanding (Diluted)	352	347	232
Shares Change (YoY)	1.34%	49.76%	-
EPS (Basic)	-0.78	-0.66	-0.64
EPS (Diluted)	-0.78	-0.66	-0.64
Free Cash Flow	-350.84	-288.56	-305.5
Free Cash Flow Per Share	-1.00	-0.83	-1.32
Gross Margin	5.80%	2.00%	2.27%
Operating Margin	-45.02%	-51.55%	-46.74%
Profit Margin	-43.20%	-49.47%	-41.19%
Free Cash Flow Margin	-55.21%	-62.22%	-84.84%
EBITDA	-274.17	-233.07	-164.38
EBITDA Margin	-43.15%	-50.26%	-45.65%
D&A For EBITDA	11.94	6.01	3.94
EBIT	-286.11	-239.08	-168.32
EBIT Margin	-45.02%	-51.55%	-46.74%

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