Cutia Therapeutics 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	336.15	279.62	137.62	11.37	2.04
Revenue Growth (YoY)	20.22%	103.17%	1110.83%	457.70%	-
Cost of Revenue	140.36	136.15	66.62	3.43	0.43
Gross Profit	195.79	143.46	71.01	7.94	1.61
Selling, General & Admin	347.29	405.53	394.2	136.39	71.04
Research & Development	148.65	199.05	215.71	180.76	110.56
Operating Expenses	506.4	605.01	610.66	317.14	181.6
Operating Income	-310.61	-461.54	-539.65	-309.2	-179.99
Interest Expense	-9.71	-10.86	-4.48	-1.73	-0.56
Interest & Investment Income	6.53	11.81	23.41	17.37	6.11
Currency Exchange Gain (Loss)	-	2.34	20.8	73.98	-23.03
Other Non Operating Income (Expenses)	-27.91	3.32	-11.82	-16.83	3.4
EBT Excluding Unusual Items	-341.7	-454.93	-511.74	-236.41	-194.06
Gain (Loss) on Sale of Investments	1.51	21.99	2.47	7.68	-5.2
Gain (Loss) on Sale of Assets	-	-0.36	-0.25	-	-
Other Unusual Items	-	-0.51	-1,454	-327.1	-120.33
Pretax Income	-340.19	-433.81	-1,964	-555.84	-319.58
Net Income	-340.19	-433.81	-1,964	-555.84	-319.58
Net Income to Common	-340.19	-433.81	-1,964	-555.84	-319.58
Shares Outstanding (Basic)	331	307	205	80	80
Shares Outstanding (Diluted)	331	307	205	80	80
Shares Change (YoY)	7.70%	50.13%	155.62%	-	-
EPS (Basic)	-1.03	-1.41	-9.60	-6.94	-3.99
EPS (Diluted)	-1.03	-1.41	-9.60	-6.94	-3.99
Free Cash Flow	-	-465.56	-437.04	-370.54	-184.2
Free Cash Flow Per Share	-	-1.52	-2.14	-4.63	-2.30
Gross Margin	58.25%	51.31%	51.60%	69.84%	79.00%
Operating Margin	-92.40%	-165.06%	-392.13%	-2720.43%	-8831.45%
Profit Margin	-101.20%	-155.15%	-1426.91%	-4890.34%	-15681.11%
Free Cash Flow Margin	-	-166.50%	-317.56%	-3260.10%	-9038.08%
EBITDA	-281.99	-432.92	-508.8	-298.43	-174.06
EBITDA Margin	-83.89%	-154.83%	-	-	-
D&A For EBITDA	28.62	28.62	30.85	10.78	5.93
EBIT	-310.61	-461.54	-539.65	-309.2	-179.99
EBIT Margin	-92.40%	-165.06%	-	-	-

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