Autostreets Development 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	408.59	491.97	467.63	677.69
Revenue Growth (YoY)	-16.95%	5.20%	-31.00%	-
Cost of Revenue	153.46	179.49	182.81	252.12
Gross Profit	255.13	312.48	284.82	425.57
Selling, General & Admin	214.47	226.7	212.32	196.58
Other Operating Expenses	-3.45	-12.86	-19.14	-13.23
Operating Expenses	211.02	213.84	193.18	183.35
Operating Income	44.11	98.64	91.64	242.22
Interest Expense	-6.32	-5.77	-5.72	-4.92
Interest & Investment Income	5.54	10.64	16.6	23.31
Earnings From Equity Investments	0.01	0.45	0.8	0.55
Other Non Operating Income (Expenses)	-2.86	-4.24	-5.66	-6.63
EBT Excluding Unusual Items	40.49	99.72	97.67	254.52
Gain (Loss) on Sale of Investments	-142.29	-75	-13.99	-26.8
Gain (Loss) on Sale of Assets	0.36	-6.78	-	-0.05
Asset Writedown	-	0.08	0.67	0.21
Other Unusual Items	-	-	15.88	-
Pretax Income	-101.45	18.02	100.23	227.88
Income Tax Expense	9.12	8.75	31.25	62.8
Earnings From Continuing Operations	-110.56	9.27	68.98	165.09
Minority Interest in Earnings	-12.44	-24.78	-23.74	-117.12
Net Income	-123	-15.51	45.24	47.97
Net Income to Common	-123	-15.51	45.24	47.97
Net Income Growth	-	-	-5.69%	-
Shares Outstanding (Basic)	803	571	331	305
Shares Outstanding (Diluted)	803	571	331	305
Shares Change (YoY)	40.78%	72.49%	8.48%	-
EPS (Basic)	-0.15	-0.03	0.14	0.16
EPS (Diluted)	-0.15	-0.03	0.14	0.16
EPS Growth	-	-	-13.06%	-
Free Cash Flow	-	116.26	90.77	182.49
Free Cash Flow Per Share	-	0.20	0.27	0.60
Gross Margin	62.44%	63.52%	60.91%	62.80%
Operating Margin	10.80%	20.05%	19.60%	35.74%
Profit Margin	-30.10%	-3.15%	9.67%	7.08%
Free Cash Flow Margin	-	23.63%	19.41%	26.93%
EBITDA	49.05	103.58	100.44	252.91
EBITDA Margin	12.00%	21.05%	21.48%	37.32%
D&A For EBITDA	4.94	4.94	8.8	10.69
EBIT	44.11	98.64	91.64	242.22
EBIT Margin	10.80%	20.05%	19.60%	35.74%
Effective Tax Rate	-	48.57%	31.18%	27.56%
Advertising Expenses	-	1.53	1.93	1.59

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