Mobvoi Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	390.35	507.06	500.19	397.91	264.53
Revenue Growth (YoY)	-23.02%	1.37%	25.70%	50.42%	-
Cost of Revenue	186.94	180.98	164.04	248.72	184.86
Gross Profit	203.41	326.08	336.15	149.2	79.67
Selling, General & Admin	284.32	239.7	150.8	153.72	126.35
Research & Development	136.92	154.75	118.66	91.51	97.09
Other Operating Expenses	-7.58	-22.29	-8.6	-36.51	-7.79
Operating Expenses	419.16	376.04	262.06	209.18	215.72
Operating Income	-215.75	-49.96	74.09	-59.98	-136.05
Interest Expense	-0.61	-0.25	-1	-1.01	-2.62
Interest & Investment Income	10.97	3.9	2.49	0.77	1.15
Earnings From Equity Investments	-	-	-9.36	-18.57	-29.81
Currency Exchange Gain (Loss)	-2.29	-1.47	-4.99	-2.55	-0.43
Other Non Operating Income (Expenses)	-480.46	-753.79	-775.08	-98.89	258.29
EBT Excluding Unusual Items	-688.13	-801.58	-713.86	-180.23	90.53
Gain (Loss) on Sale of Investments	-33.35	-	30.18	-	-
Gain (Loss) on Sale of Assets	-	0.77	-	-	-
Pretax Income	-721.48	-800.81	-683.68	-180.23	90.53
Income Tax Expense	0.01	1.8	1.3	1.75	0.05
Earnings From Continuing Operations	-721.49	-802.6	-684.98	-181.98	90.47
Earnings From Discontinued Operations	-	-	15.17	-94.32	-34.33
Net Income	-721.49	-802.6	-669.81	-276.3	56.15
Net Income to Common	-721.49	-802.6	-669.81	-276.3	56.15
Shares Outstanding (Basic)	1,229	626	737	-	-
Shares Outstanding (Diluted)	1,229	626	737	-	-
Shares Change (YoY)	96.12%	-14.96%	-	-	-
EPS (Basic)	-0.59	-1.28	-0.91	-	-
EPS (Diluted)	-0.59	-1.28	-0.91	-	-
Free Cash Flow	-177.44	21.92	67.27	-40.11	-27.75
Free Cash Flow Per Share	-0.14	0.04	0.09	-	-
Gross Margin	52.11%	64.31%	67.20%	37.49%	30.12%
Operating Margin	-55.27%	-9.85%	14.81%	-15.07%	-51.43%
Profit Margin	-184.83%	-158.28%	-133.91%	-69.44%	21.22%
Free Cash Flow Margin	-45.46%	4.32%	13.45%	-10.08%	-10.49%
EBITDA	-214.25	-49.01	75.12	-57.35	-131.07
EBITDA Margin	-54.89%	-9.66%	15.02%	-14.41%	-49.55%
D&A For EBITDA	1.5	0.96	1.03	2.63	4.98
EBIT	-215.75	-49.96	74.09	-59.98	-136.05
EBIT Margin	-55.27%	-9.85%	14.81%	-15.07%	-51.43%
Effective Tax Rate	-	-	-	-	0.06%
Advertising Expenses	-	-	28.86	46.9	43.95

Updated Sep 26, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.