AI X Tech Inc. (HKG:1490)

AI X Tech Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	151.24	151.85	155.36	170.04	197.19	180.4
Revenue Growth (YoY)	3.01%	-2.26%	-8.63%	-13.77%	9.30%	1.57%
Cost of Revenue	63.99	66	33.57	40.83	50.78	27.94
Gross Profit	87.24	85.85	121.78	129.21	146.4	152.46
Selling, General & Admin	84.23	85.58	85.32	101.14	99.22	68.99
Research & Development	12.6	11.87	11.04	17.92	17.77	10.47
Other Operating Expenses	0.12	0.06	2.23	0.56	-	-3.89
Operating Expenses	102.04	101.47	93.61	129.84	117.23	74.03
Operating Income	-14.8	-15.62	28.17	-0.63	29.18	78.43
Interest Expense	-0.21	-0.23	-0.23	-0.95	-0.84	-0.49
Interest & Investment Income	13.02	13.02	12.7	5.01	0.62	0.27
Earnings From Equity Investments	-	-	-	-	-	0.01
Currency Exchange Gain (Loss)	0.98	3.68	2.91	17.84	-3.27	-2.94
Other Non Operating Income (Expenses)	-1.19	0.58	3.45	2.05	15.9	-
EBT Excluding Unusual Items	-2.2	1.43	47	23.32	41.58	75.28
Gain (Loss) on Sale of Investments	1.98	1.98	-4.48	-9.16	11.18	3.1
Other Unusual Items	-	-	-	-	-	0.02
Pretax Income	-0.21	3.41	42.52	14.15	52.76	78.39
Income Tax Expense	3.57	1.1	1.11	-0.88	11.93	13.75
Earnings From Continuing Operations	-3.78	2.31	41.41	15.03	40.83	64.64
Minority Interest in Earnings	0.17	0.38	1.48	1.37	0.18	-
Net Income	-3.62	2.69	42.88	16.4	41.01	64.64
Net Income to Common	-3.62	2.69	42.88	16.4	41.01	64.64
Net Income Growth	-	-93.72%	161.55%	-60.02%	-36.55%	25.01%
Shares Outstanding (Basic)	1,110	1,110	1,111	1,116	1,128	850
Shares Outstanding (Diluted)	1,110	1,110	1,111	1,116	1,128	900
Shares Change (YoY)	-0.12%	-0.08%	-0.40%	-1.08%	25.32%	2.27%
EPS (Basic)	-0.00	0.00	0.04	0.01	0.04	0.08
EPS (Diluted)	-0.00	0.00	0.04	0.01	0.04	0.07
EPS Growth	-	-94.82%	285.96%	-72.50%	-48.87%	24.95%
Free Cash Flow	14.54	0.86	45.86	46.3	44.39	49.56
Free Cash Flow Per Share	0.01	0.00	0.04	0.04	0.04	0.06
Gross Margin	57.69%	56.54%	78.39%	75.99%	74.25%	84.51%
Operating Margin	-9.79%	-10.28%	18.14%	-0.37%	14.80%	43.48%
Profit Margin	-2.39%	1.77%	27.60%	9.64%	20.80%	35.83%
Free Cash Flow Margin	9.61%	0.56%	29.52%	27.23%	22.51%	27.47%
EBITDA	-12.19	-12.81	30.73	1.43	31.13	79.95
EBITDA Margin	-8.06%	-8.43%	19.78%	0.84%	15.78%	44.32%
D&A For EBITDA	2.61	2.81	2.55	2.06	1.95	1.52
EBIT	-14.8	-15.62	28.17	-0.63	29.18	78.43
EBIT Margin	-9.79%	-10.28%	18.14%	-0.37%	14.80%	43.48%
Effective Tax Rate	-	32.14%	2.62%	-	22.61%	17.54%

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