Jolimark Holdings 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	143.42	149.74	203.48	279.19	344.61
Revenue Growth (YoY)	-4.22%	-26.41%	-27.12%	-18.98%	24.87%
Cost of Revenue	121.57	131.36	180.96	214.09	249
Gross Profit	21.85	18.37	22.52	65.1	95.61
Selling, General & Admin	52.73	60.11	70.14	71.49	84.27
Research & Development	12.87	15.06	20.62	27.98	33.52
Other Operating Expenses	-1.82	-1.96	-0.73	-2.81	-1.45
Operating Expenses	64.02	73.3	90.63	97.5	116.6
Operating Income	-42.17	-54.93	-68.1	-32.4	-20.99
Interest Expense	-4.13	-4.65	-5.7	-6.1	-6.17
Interest & Investment Income	0.31	0.48	1.91	2.88	2.61
Earnings From Equity Investments	-0.08	0.04	-0.17	-0.24	-0.84
Currency Exchange Gain (Loss)	-0.05	0.15	-1.26	-0.55	-0.09
EBT Excluding Unusual Items	-46.11	-58.91	-73.32	-36.41	-25.48
Gain (Loss) on Sale of Investments	-	-2.15	-3.45	0.32	0.91
Gain (Loss) on Sale of Assets	-0.31	-0.36	-0.07	0.92	-0.06
Asset Writedown	-3.64	-	-	-	-
Other Unusual Items	0.59	1.08	1.18	0.09	-0.2
Pretax Income	-49.47	-60.35	-75.65	-35.08	-24.83
Income Tax Expense	0.14	-0.09	4.14	4.93	0.35
Earnings From Continuing Operations	-49.61	-60.26	-79.79	-40.01	-25.18
Minority Interest in Earnings	0	0.43	0.32	-0.02	0.04
Net Income	-49.61	-59.83	-79.47	-40.03	-25.14
Net Income to Common	-49.61	-59.83	-79.47	-40.03	-25.14
Shares Outstanding (Basic)	613	613	613	613	613
Shares Outstanding (Diluted)	613	613	613	613	613
EPS (Basic)	-0.08	-0.10	-0.13	-0.07	-0.04
EPS (Diluted)	-0.08	-0.10	-0.13	-0.07	-0.04
Free Cash Flow	-0.54	-46.02	-23.85	-74.36	-5.45
Free Cash Flow Per Share	-0.00	-0.07	-0.04	-0.12	-0.01
Gross Margin	15.24%	12.27%	11.07%	23.32%	27.74%
Operating Margin	-29.40%	-36.68%	-33.47%	-11.60%	-6.09%
Profit Margin	-34.59%	-39.96%	-39.05%	-14.34%	-7.29%
Free Cash Flow Margin	-0.37%	-30.73%	-11.72%	-26.63%	-1.58%
EBITDA	-33.42	-43.24	-55.1	-17.98	-7.65
EBITDA Margin	-23.30%	-28.88%	-27.08%	-6.44%	-2.22%
D&A For EBITDA	8.75	11.69	13	14.42	13.34
EBIT	-42.17	-54.93	-68.1	-32.4	-20.99
EBIT Margin	-29.40%	-36.68%	-33.47%	-11.60%	-6.09%
Advertising Expenses	2.23	1.86	2.66	2.78	2.2

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