MIXUE Group (HKG:2097)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Sales of Goods and Equipment - Sales of Goods	31.44B	23.45B	19.16B	12.55B	9.46B
Sales of Goods and Equipment - Sales of Goods Growth	34.06%	22.40%	52.66%	32.71%	-
Sales of Goods and Equipment - Sales of Equipment	1.33B	756.37M	736.54M	748.39M	696.94M
Sales of Goods and Equipment - Sales of Equipment Growth	75.39%	2.69%	-1.58%	7.38%	-
Franchise and Related Services	793.89M	620.05M	405.72M	276.15M	196.38M
Franchise and Related Services Growth	28.04%	52.83%	46.92%	40.62%	-
Total	33.56B	24.83B	20.30B	13.58B	10.35B
Total Growth	35.16%	22.29%	49.55%	31.15%	-

Revenue by Geography

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

Fiscal Year	FY 2022	FY 2021
Period Ending	Dec 31, 2022	Dec 31, 2021
Mainland China	13.03B	10.30B
Mainland China Growth	26.54%	-
Outside Mainland China	540.64M	50.07M
Outside Mainland China Growth	979.79%	-
Total	13.58B	10.35B
Total Growth	31.15%	-

Source: S&P Global Market Intelligence.