Wanka Online 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	4,299	2,627	2,098	2,301	2,098
Revenue Growth (YoY)	63.63%	25.21%	-8.81%	9.66%	21.51%
Cost of Revenue	3,867	2,393	1,875	2,066	1,835
Gross Profit	431.76	234.04	223.27	234.48	263.32
Selling, General & Admin	182.83	83.28	76.14	72.17	61.3
Research & Development	164.47	92.94	80.66	86.19	67.04
Operating Expenses	349.76	174.69	183.92	216.5	183.9
Operating Income	82	59.35	39.35	17.98	79.42
Interest Expense	-16.53	-14.56	-10.01	-7.7	-7.55
Interest & Investment Income	1.02	1.56	1.71	1.05	0.95
Earnings From Equity Investments	0.01	-1	-3.55	-4.34	-3.83
Currency Exchange Gain (Loss)	-	-	-	0	0.71
Other Non Operating Income (Expenses)	11	-2.93	9.46	15.38	14.82
EBT Excluding Unusual Items	77.49	42.43	36.97	22.37	84.52
Impairment of Goodwill	-	-26.02	-2.36	-154.79	-0.45
Legal Settlements	-	-	-	20.97	-
Pretax Income	77.49	16.41	34.61	-111.45	84.07
Income Tax Expense	12.48	8.82	12.62	17.11	21.78
Earnings From Continuing Operations	65.01	7.59	22	-128.56	62.3
Minority Interest in Earnings	-6.75	-5.33	-6.51	-0.98	-
Net Income	58.26	2.27	15.49	-129.54	62.3
Net Income to Common	58.26	2.27	15.49	-129.54	62.3
Net Income Growth	2469.87%	-85.36%	-	-	-6.76%
Shares Outstanding (Basic)	1,690	1,505	1,492	1,465	1,391
Shares Outstanding (Diluted)	1,707	1,526	1,526	1,465	1,450
Shares Change (YoY)	11.91%	-	4.17%	0.98%	10.67%
EPS (Basic)	0.03	0.00	0.01	-0.09	0.04
EPS (Diluted)	0.03	0.00	0.01	-0.09	0.04
EPS Growth	2174.78%	-85.30%	-	-	-20.00%
Free Cash Flow	-93.23	-174.33	-65.74	8.62	88.78
Free Cash Flow Per Share	-0.06	-0.11	-0.04	0.01	0.06
Gross Margin	10.04%	8.91%	10.64%	10.19%	12.55%
Operating Margin	1.91%	2.26%	1.88%	0.78%	3.79%
Profit Margin	1.35%	0.09%	0.74%	-5.63%	2.97%
Free Cash Flow Margin	-2.17%	-6.64%	-3.13%	0.38%	4.23%
EBITDA	87.71	60.3	41.16	23.33	84.89
EBITDA Margin	2.04%	2.30%	1.96%	1.01%	4.05%
D&A For EBITDA	5.71	0.95	1.81	5.36	5.47
EBIT	82	59.35	39.35	17.98	79.42
EBIT Margin	1.91%	2.26%	1.88%	0.78%	3.79%
Effective Tax Rate	16.11%	53.74%	36.45%	-	25.90%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.