Gala Technology Holding 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	930.22	775.92	633.63	637.89	459.85	404.75
Revenue Growth (YoY)	56.44%	22.45%	-0.67%	38.72%	13.61%	6.90%
Cost of Revenue	448.18	360.04	288.98	304.82	238.32	224.35
Gross Profit	482.04	415.88	344.66	333.06	221.53	180.39
Selling, General & Admin	208.58	207.39	175.12	229.22	120.18	81.95
Research & Development	159.14	133.73	109.23	86.98	62.71	45.23
Other Operating Expenses	1.8	0.76	1.59	3.84	-2.3	1.77
Operating Expenses	369.5	341.88	285.94	321.89	180.42	132.73
Operating Income	112.54	74.01	58.72	11.17	41.1	47.66
Interest Expense	-4.27	-3.97	-4.59	-0.68	-0.74	-0.61
Interest & Investment Income	7.82	6.83	5.72	2.09	1.48	1.01
Earnings From Equity Investments	1.08	1.31	-	-	-	-
Currency Exchange Gain (Loss)	-5.88	0.72	-3.45	-0.75	0.15	-5.19
Other Non Operating Income (Expenses)	5.99	5.99	16.72	10.26	-	-
EBT Excluding Unusual Items	117.28	84.88	73.11	22.1	41.99	42.87
Gain (Loss) on Sale of Investments	0.96	0.64	0.26	0.13	0.49	0.33
Gain (Loss) on Sale of Assets	0.01	0.01	-0.62	-	-0.75	-0.01
Other Unusual Items	-	-	-	-	-	1.59
Pretax Income	118.24	85.53	72.76	22.22	41.73	44.79
Income Tax Expense	5.92	1.38	-1.48	8.75	2.34	4.07
Earnings From Continuing Operations	112.32	84.15	74.24	13.47	39.39	40.73
Minority Interest in Earnings	0.01	0.01	-0.03	0.06	0.6	0.77
Net Income	112.33	84.16	74.2	13.53	39.99	41.5
Net Income to Common	112.33	84.16	74.2	13.53	39.99	41.5
Net Income Growth	85.86%	13.42%	448.64%	-66.18%	-3.64%	-11.00%
Shares Outstanding (Basic)	134	133	137	114	114	114
Shares Outstanding (Diluted)	135	133	137	114	114	114
Shares Change (YoY)	-1.27%	-2.80%	20.62%	-	-	-
EPS (Basic)	0.84	0.63	0.54	0.12	0.35	0.37
EPS (Diluted)	0.83	0.63	0.54	0.12	0.35	0.37
EPS Growth	88.14%	16.67%	353.48%	-66.18%	-3.64%	-11.00%
Free Cash Flow	235.9	170.69	96.78	69.48	63.21	75.65
Free Cash Flow Per Share	1.75	1.28	0.71	0.61	0.56	0.67
Dividend Per Share	-	-	0.188	-	-	-
Gross Margin	51.82%	53.60%	54.39%	52.21%	48.17%	44.57%
Operating Margin	12.10%	9.54%	9.27%	1.75%	8.94%	11.77%
Profit Margin	12.07%	10.85%	11.71%	2.12%	8.70%	10.25%
Free Cash Flow Margin	25.36%	22.00%	15.27%	10.89%	13.75%	18.69%
EBITDA	165.08	120.72	99.53	32.99	62.25	68.47
EBITDA Margin	17.75%	15.56%	15.71%	5.17%	13.54%	16.92%
D&A For EBITDA	52.55	46.71	40.81	21.82	21.15	20.81
EBIT	112.54	74.01	58.72	11.17	41.1	47.66
EBIT Margin	12.10%	9.54%	9.27%	1.75%	8.94%	11.77%
Effective Tax Rate	5.01%	1.61%	-	39.39%	5.60%	9.08%

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