Beijing Airdoc 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	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	173.26	156.37	203.96	113.66	115.18
Revenue Growth (YoY)	10.80%	-23.34%	79.46%	-1.32%	141.61%
Cost of Revenue	45.94	69.69	78.83	57.81	44.94
Gross Profit	127.33	86.68	125.13	55.85	70.24
Selling, General & Admin	101.81	186.81	199.63	171.64	149.65
Research & Development	58.1	101.69	111.64	125.59	64.27
Other Operating Expenses	-8.13	95.29	15.55	2.68	-2.9
Operating Expenses	155.57	383.79	326.82	299.92	211.02
Operating Income	-28.24	-297.12	-201.68	-244.06	-140.77
Interest Expense	-0.35	-0.23	-0.55	-0.44	-0.3
Interest & Investment Income	14.8	15.24	13.32	9.14	2.02
Earnings From Equity Investments	-9.27	-0.3	-	-	-
Currency Exchange Gain (Loss)	-5.77	1.77	3.44	58.56	-9.42
Other Non Operating Income (Expenses)	-0.42	-	-	-	-
EBT Excluding Unusual Items	-29.26	-280.64	-185.48	-176.8	-148.47
Impairment of Goodwill	-2.98	-	-	-	-
Gain (Loss) on Sale of Investments	4.55	11.8	39.62	-5.94	5.99
Gain (Loss) on Sale of Assets	-0.01	-	-	-	-0.06
Other Unusual Items	0.05	0.14	-	-	-
Pretax Income	-27.64	-268.7	-145.86	-182.74	-142.53
Income Tax Expense	-3.28	-3.63	-0.21	-	-
Earnings From Continuing Operations	-24.36	-265.07	-145.65	-182.74	-142.53
Minority Interest in Earnings	-0.61	9.62	13.12	2.74	-0.11
Net Income	-24.98	-255.46	-132.53	-180	-142.63
Net Income to Common	-24.98	-255.46	-132.53	-180	-142.63
Shares Outstanding (Basic)	102	102	104	103	81
Shares Outstanding (Diluted)	102	102	104	103	81
Shares Change (YoY)	0.05%	-1.26%	0.49%	27.27%	120.00%
EPS (Basic)	-0.24	-2.50	-1.28	-1.75	-1.76
EPS (Diluted)	-0.24	-2.50	-1.28	-1.75	-1.76
Free Cash Flow	-	-166.59	8.02	-389.75	-140.11
Free Cash Flow Per Share	-	-1.63	0.08	-3.78	-1.73
Gross Margin	73.49%	55.43%	61.35%	49.14%	60.98%
Operating Margin	-16.30%	-190.01%	-98.88%	-214.74%	-122.22%
Profit Margin	-14.41%	-163.37%	-64.98%	-158.37%	-123.84%
Free Cash Flow Margin	-	-106.54%	3.93%	-342.91%	-121.64%
EBITDA	-8	-276.88	-178.21	-228.2	-129.17
EBITDA Margin	-4.62%	-177.07%	-87.37%	-200.78%	-112.15%
D&A For EBITDA	20.24	20.24	23.48	15.86	11.6
EBIT	-28.24	-297.12	-201.68	-244.06	-140.77
EBIT Margin	-16.30%	-190.01%	-98.88%	-214.74%	-122.22%

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