Beijing Geekplus Technology Co., Ltd. (HKG:2590)

HKG:2590 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	2,651	2,409	2,143	1,452
Revenue Growth (YoY)	82.57%	12.42%	47.57%	-
Cost of Revenue	1,706	1,572	1,484	1,196
Gross Profit	945.55	837.17	659.27	256.55
Selling, General & Admin	723.68	665.93	772.76	676.46
Research & Development	296.06	282.05	379.87	436.79
Other Operating Expenses	-103.61	-11.17	-13.35	-13.9
Operating Expenses	929.69	948.4	1,149	1,111
Operating Income	15.86	-111.23	-489.87	-854.09
Interest Expense	-14.17	-13.92	-13.28	-12.49
Interest & Investment Income	15.56	15.56	27.24	4.39
Earnings From Equity Investments	15.65	0.02	14.9	-14.97
Currency Exchange Gain (Loss)	-28	-28	-1.09	55.83
Other Non Operating Income (Expenses)	-3.58	-3.58	-	-
EBT Excluding Unusual Items	1.31	-141.16	-462.1	-821.32
Gain (Loss) on Sale of Assets	-0.31	-0.31	-6.32	-0.9
Asset Writedown	-	-	-6.09	-9.86
Other Unusual Items	-324.99	-685.81	-648.01	-731.97
Pretax Income	-323.99	-827.28	-1,123	-1,564
Income Tax Expense	5.14	4.22	4.16	3.05
Net Income	-329.13	-831.5	-1,127	-1,567
Preferred Dividends & Other Adjustments	-246.15	-621.84	-842.6	-1,140
Net Income to Common	-82.99	-209.66	-284.09	-426.75
Shares Outstanding (Basic)	292	292	292	292
Shares Outstanding (Diluted)	292	292	292	292
EPS (Basic)	-0.28	-0.72	-0.97	-1.46
EPS (Diluted)	-0.28	-0.72	-0.97	-1.46
Free Cash Flow	-57.84	-210.34	-525.46	-685.18
Free Cash Flow Per Share	-0.20	-0.72	-1.80	-2.34
Gross Margin	35.66%	34.75%	30.76%	17.67%
Operating Margin	0.60%	-4.62%	-22.86%	-58.81%
Profit Margin	-3.13%	-8.70%	-13.26%	-29.39%
Free Cash Flow Margin	-2.18%	-8.73%	-24.52%	-47.18%
EBITDA	38.36	-84.6	-446.81	-797.63
EBITDA Margin	1.45%	-3.51%	-20.85%	-54.93%
D&A For EBITDA	22.5	26.64	43.06	56.46
EBIT	15.86	-111.23	-489.87	-854.09
EBIT Margin	0.60%	-4.62%	-22.86%	-58.81%

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