Lemo Services 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	906.78	797.99	586.84	330.15
Revenue Growth (YoY)	13.63%	35.98%	77.75%	-
Cost of Revenue	601.43	510.19	341.59	244.82
Gross Profit	305.35	287.8	245.25	85.34
Selling, General & Admin	167.5	159.93	106.34	61.13
Research & Development	23.38	21.5	16.19	8.33
Other Operating Expenses	-0.1	-0.3	0.25	-0.5
Operating Expenses	190.79	181.13	122.78	68.96
Operating Income	114.56	106.67	122.47	16.38
Interest Expense	-1.8	-3.38	-2.01	-1.33
Interest & Investment Income	0.71	0.3	1.03	0.2
Currency Exchange Gain (Loss)	-1.52	-	-	-
Other Non Operating Income (Expenses)	-	-0.16	-3.01	-4.99
EBT Excluding Unusual Items	111.95	103.43	118.49	10.26
Gain (Loss) on Sale of Investments	0.46	0.1	0.23	0.67
Gain (Loss) on Sale of Assets	-0.35	-1.22	-3.15	-1.17
Asset Writedown	-	-	-12.35	-
Pretax Income	112.06	102.3	103.21	9.77
Income Tax Expense	18.33	16.5	15.87	3.28
Net Income	93.73	85.81	87.34	6.48
Preferred Dividends & Other Adjustments	2.14	3.12	8.42	0.88
Net Income to Common	91.59	82.69	78.92	5.6
Net Income Growth	9.23%	-1.75%	1247.63%	-
Shares Outstanding (Basic)	49	50	-	-
Shares Outstanding (Diluted)	49	50	-	-
Shares Change (YoY)	-1.45%	-	-	-
EPS (Basic)	1.86	1.65	-	-
EPS (Diluted)	1.86	1.65	-	-
EPS Growth	12.39%	-	-	-
Free Cash Flow	240.84	16.75	29.65	37.04
Free Cash Flow Per Share	4.89	0.34	-	-
Dividend Per Share	0.506	-	-	-
Gross Margin	33.67%	36.07%	41.79%	25.85%
Operating Margin	12.63%	13.37%	20.87%	4.96%
Profit Margin	10.10%	10.36%	13.45%	1.70%
Free Cash Flow Margin	26.56%	2.10%	5.05%	11.22%
EBITDA	264.92	218.69	187.87	74.75
EBITDA Margin	29.22%	27.41%	32.01%	22.64%
D&A For EBITDA	150.36	112.02	65.4	58.37
EBIT	114.56	106.67	122.47	16.38
EBIT Margin	12.63%	13.37%	20.87%	4.96%
Effective Tax Rate	16.36%	16.13%	15.38%	33.63%

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