Easou Technology Holdings Limited (HKG: 2550)

Easou Technology Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	591.8	559.05	456.41	433.11
Revenue Growth (YoY)	36.64%	22.49%	5.38%	-
Cost of Revenue	333.34	299.32	217.74	224.42
Gross Profit	258.47	259.73	238.67	208.69
Selling, General & Admin	177.53	180.41	154.62	119.93
Research & Development	34.46	35.92	36.73	48.38
Other Operating Expenses	0.51	0.51	0.78	0.55
Operating Expenses	212.51	216.84	192.12	168.86
Operating Income	45.96	42.89	46.55	39.83
Interest Expense	-7.42	-8.44	-2.13	-0.31
Interest & Investment Income	1.63	0.87	2.36	4.46
Other Non Operating Income (Expenses)	1.55	1.72	2.76	1.84
EBT Excluding Unusual Items	41.72	37.03	49.54	45.82
Gain (Loss) on Sale of Investments	3.87	-10.93	-5.9	-
Gain (Loss) on Sale of Assets	-0.55	-0.55	-0.28	-0.58
Other Unusual Items	0.85	0.53	1.38	5.23
Pretax Income	45.9	26.09	44.75	50.48
Income Tax Expense	4.68	1.07	0.3	0.46
Earnings From Continuing Operations	41.22	25.01	44.45	50.01
Minority Interest in Earnings	0.03	-	-0.06	-0.03
Net Income	41.25	25.01	44.39	49.98
Net Income to Common	41.25	25.01	44.39	49.98
Net Income Growth	-17.47%	-43.65%	-11.19%	-
Shares Outstanding (Basic)	329	156	-	-
Shares Outstanding (Diluted)	329	156	-	-
EPS (Basic)	0.13	0.16	-	-
EPS (Diluted)	0.13	0.16	-	-
Free Cash Flow	-42.46	-41.22	5.99	45.74
Free Cash Flow Per Share	-0.13	-0.26	-	-
Gross Margin	43.67%	46.46%	52.29%	48.18%
Operating Margin	7.77%	7.67%	10.20%	9.20%
Profit Margin	6.97%	4.47%	9.73%	11.54%
Free Cash Flow Margin	-7.18%	-7.37%	1.31%	10.56%
EBITDA	68.77	67.07	66.92	60.95
EBITDA Margin	11.62%	12.00%	14.66%	14.07%
D&A For EBITDA	22.81	24.18	20.38	21.12
EBIT	45.96	42.89	46.55	39.83
EBIT Margin	7.77%	7.67%	10.20%	9.20%
Effective Tax Rate	10.19%	4.12%	0.66%	0.92%
Advertising Expenses	-	145.56	126.04	88.82

Source: S&P Capital IQ. Standard template. Financial Sources.