Breton Technology 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	779.48	635.46	463.74	360.11
Revenue Growth (YoY)	22.66%	37.03%	28.78%	-
Cost of Revenue	693.31	598.62	454.46	351.93
Gross Profit	86.17	36.84	9.28	8.17
Selling, General & Admin	166.54	168.98	146.46	106.37
Research & Development	69.71	81.71	68.56	44.86
Other Operating Expenses	-6.89	-8.27	-4.44	-1.53
Operating Expenses	349.48	322.95	248.36	176.49
Operating Income	-263.3	-286.11	-239.08	-168.32
Interest Expense	-18.8	-9.19	-6.92	-13.73
Interest & Investment Income	8.67	10.88	16.34	6.45
Earnings From Equity Investments	-5.46	-3.49	0.59	-0.39
Currency Exchange Gain (Loss)	-3.09	-	-	0.06
EBT Excluding Unusual Items	-281.98	-287.9	-229.07	-175.93
Gain (Loss) on Sale of Investments	1.94	16.28	-	-1.4
Gain (Loss) on Sale of Assets	-0.11	-1.13	0.06	-0.25
Other Unusual Items	-	-1.7	-0.4	0.11
Pretax Income	-280.16	-274.46	-229.41	-177.47
Income Tax Expense	38.05	0.09	0	0.63
Earnings From Continuing Operations	-318.2	-274.55	-229.41	-178.1
Minority Interest in Earnings	-0.43	-	-	-
Net Income	-318.63	-274.55	-229.41	-178.1
Preferred Dividends & Other Adjustments	-	-	-	-29.78
Net Income to Common	-318.63	-274.55	-229.41	-148.32
Shares Outstanding (Basic)	370	352	347	232
Shares Outstanding (Diluted)	370	352	347	232
Shares Change (YoY)	5.21%	1.34%	49.76%	-
EPS (Basic)	-0.86	-0.78	-0.66	-0.64
EPS (Diluted)	-0.86	-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	11.05%	5.80%	2.00%	2.27%
Operating Margin	-33.78%	-45.02%	-51.55%	-46.74%
Profit Margin	-40.88%	-43.20%	-49.47%	-41.19%
Free Cash Flow Margin	-	-55.21%	-62.22%	-84.84%
EBITDA	-251.36	-274.17	-233.07	-164.38
EBITDA Margin	-32.25%	-43.15%	-50.26%	-45.65%
D&A For EBITDA	11.94	11.94	6.01	3.94
EBIT	-263.3	-286.11	-239.08	-168.32
EBIT Margin	-33.78%	-45.02%	-51.55%	-46.74%

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