Minieye Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	763.53	654.48	476.21	279.36	175.17
Revenue Growth (YoY)	39.06%	37.44%	70.46%	59.48%	-
Cost of Revenue	640.42	549.71	408.18	245.79	158.17
Gross Profit	123.11	104.78	68.02	33.57	17
Selling, General & Admin	208.09	177.98	147.03	118.14	97.17
Research & Development	187.91	156.11	149.83	139.35	82.2
Other Operating Expenses	-25.57	-26.23	-25.73	-11.07	-25.92
Operating Expenses	394.07	328.15	275.14	252.03	155.55
Operating Income	-270.96	-223.37	-207.12	-218.46	-138.54
Interest Expense	-8.7	-7.49	-3.37	-1.52	-0.92
Interest & Investment Income	5.7	2.27	1.97	1.23	0.21
Currency Exchange Gain (Loss)	-6.35	-0.25	-0.2	-	-
Other Non Operating Income (Expenses)	-2.36	-2.36	-2.1	-1.92	-0.1
EBT Excluding Unusual Items	-282.67	-231.2	-210.82	-220.66	-139.35
Gain (Loss) on Sale of Investments	4.77	3.61	3.79	-	-
Gain (Loss) on Sale of Assets	-0.07	-0.13	-0.06	-	-
Pretax Income	-277.96	-227.72	-207.1	-220.66	-139.35
Income Tax Expense	0.02	0.02	0.06	0.17	0.45
Earnings From Continuing Operations	-277.98	-227.74	-207.16	-220.83	-139.8
Minority Interest in Earnings	18.07	11.25	9.92	5.97	7.58
Net Income	-259.91	-216.49	-197.24	-214.86	-132.22
Net Income to Common	-259.91	-216.49	-197.24	-214.86	-132.22
Shares Outstanding (Basic)	377	353	332	323	275
Shares Outstanding (Diluted)	377	353	332	323	275
Shares Change (YoY)	9.69%	6.25%	2.77%	17.64%	-
EPS (Basic)	-0.69	-0.61	-0.59	-0.66	-0.48
EPS (Diluted)	-0.69	-0.61	-0.59	-0.66	-0.48
Free Cash Flow	-323.23	-237.26	-300.88	-272.31	-264.02
Free Cash Flow Per Share	-0.86	-0.67	-0.91	-0.84	-0.96
Gross Margin	16.12%	16.01%	14.28%	12.02%	9.71%
Operating Margin	-35.49%	-34.13%	-43.49%	-78.20%	-79.09%
Profit Margin	-34.04%	-33.08%	-41.42%	-76.91%	-75.48%
Free Cash Flow Margin	-42.33%	-36.25%	-63.18%	-97.48%	-150.72%
EBITDA	-257.6	-210.88	-196.2	-211.06	-135.13
EBITDA Margin	-33.74%	-32.22%	-41.20%	-75.55%	-77.14%
D&A For EBITDA	13.36	12.49	10.92	7.39	3.42
EBIT	-270.96	-223.37	-207.12	-218.46	-138.54
EBIT Margin	-35.49%	-34.13%	-43.49%	-78.20%	-79.09%
Advertising Expenses	-	1.25	6.95	5.39	4.89

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