Lemo Services Co., Ltd (HKG:2539)

Lemo Services Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	832.3	797.99	586.84	330.15
Revenue Growth (YoY)	-	35.98%	77.75%	-
Cost of Revenue	535.97	510.19	341.59	244.82
Gross Profit	296.33	287.8	245.25	85.34
Selling, General & Admin	172.04	159.93	106.34	61.13
Research & Development	22.2	21.5	16.19	8.33
Other Operating Expenses	-0.8	-0.3	0.25	-0.5
Operating Expenses	193.45	181.13	122.78	68.96
Operating Income	102.88	106.67	122.47	16.38
Interest Expense	-3.14	-3.38	-2.01	-1.33
Interest & Investment Income	0.27	0.3	1.03	0.2
Other Non Operating Income (Expenses)	-	-0.16	-3.01	-4.99
EBT Excluding Unusual Items	100.01	103.43	118.49	10.26
Gain (Loss) on Sale of Investments	0.02	0.1	0.23	0.67
Gain (Loss) on Sale of Assets	-1.35	-1.22	-3.15	-1.17
Asset Writedown	-	-	-12.35	-
Pretax Income	98.68	102.3	103.21	9.77
Income Tax Expense	15.92	16.5	15.87	3.28
Net Income	82.77	85.81	87.34	6.48
Preferred Dividends & Other Adjustments	2.43	3.12	8.42	0.88
Net Income to Common	80.34	82.69	78.92	5.6
Net Income Growth	-	-1.75%	1247.63%	-
Shares Outstanding (Basic)	49	48	47	47
Shares Outstanding (Diluted)	49	48	47	47
Shares Change (YoY)	-	3.03%	0.17%	-
EPS (Basic)	1.66	1.72	1.69	0.12
EPS (Diluted)	1.66	1.72	1.69	0.12
EPS Growth	-	1.70%	1307.71%	-
Free Cash Flow	14.98	16.75	29.65	37.04
Free Cash Flow Per Share	0.31	0.35	0.63	0.79
Gross Margin	35.60%	36.07%	41.79%	25.85%
Operating Margin	12.36%	13.37%	20.87%	4.96%
Profit Margin	9.65%	10.36%	13.45%	1.70%
Free Cash Flow Margin	1.80%	2.10%	5.05%	11.22%
EBITDA	233.02	218.69	187.87	74.75
EBITDA Margin	28.00%	27.41%	32.01%	22.64%
D&A For EBITDA	130.14	112.02	65.4	58.37
EBIT	102.88	106.67	122.47	16.38
EBIT Margin	12.36%	13.37%	20.87%	4.96%
Effective Tax Rate	16.13%	16.13%	15.38%	33.63%

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