Lianlian DigiTech 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	1,734	1,315	1,028	742.75	643.64
Revenue Growth (YoY)	31.85%	27.88%	38.44%	15.40%	9.37%
Cost of Revenue	860.35	632.44	450.9	276.78	199.42
Gross Profit	873.45	682.52	577.35	465.97	444.23
Selling, General & Admin	924	809.15	672.27	397.29	353.01
Research & Development	360.59	319.06	268.17	210.4	174.24
Other Operating Expenses	-9.59	3	-10.05	-5	-3.15
Operating Expenses	1,277	1,131	930.39	602.69	524.09
Operating Income	-403.6	-448.68	-353.03	-136.72	-79.87
Interest Expense	-12.94	-19.72	-12.8	-4.18	-0.98
Interest & Investment Income	309.7	215.69	107.4	35.05	37.31
Earnings From Equity Investments	-139.34	-292.52	-665.18	-805.02	-687.27
Currency Exchange Gain (Loss)	-41.9	13.54	27.32	22.87	-5
EBT Excluding Unusual Items	-288.09	-531.69	-896.3	-888	-735.8
Gain (Loss) on Sale of Investments	2,022	-40.21	244.48	-12.63	4.92
Gain (Loss) on Sale of Assets	348.04	-0.11	0.06	-0.02	0.44
Pretax Income	2,082	-572.01	-651.76	-900.64	-730.45
Income Tax Expense	420.02	-405.47	2.46	16.23	16.39
Earnings From Continuing Operations	1,662	-166.54	-654.22	-916.87	-746.84
Minority Interest in Earnings	1.63	-1.68	-1.85	0.33	0.25
Net Income	1,664	-168.22	-656.06	-916.54	-746.59
Net Income to Common	1,664	-168.22	-656.06	-916.54	-746.59
Shares Outstanding (Basic)	1,069	1,064	1,015	1,015	1,015
Shares Outstanding (Diluted)	1,099	1,064	1,015	1,015	1,015
Shares Change (YoY)	3.34%	4.83%	-	-	9.26%
EPS (Basic)	1.56	-0.16	-0.65	-0.90	-0.74
EPS (Diluted)	1.51	-0.16	-0.65	-0.90	-0.74
Free Cash Flow	98.9	-125.3	93.05	-45.32	87.77
Free Cash Flow Per Share	0.09	-0.12	0.09	-0.04	0.09
Gross Margin	50.38%	51.90%	56.15%	62.74%	69.02%
Operating Margin	-23.28%	-34.12%	-34.33%	-18.41%	-12.41%
Profit Margin	95.96%	-12.79%	-63.80%	-123.40%	-115.99%
Free Cash Flow Margin	5.70%	-9.53%	9.05%	-6.10%	13.64%
EBITDA	-378.83	-430.91	-335.31	-118.74	-63.53
EBITDA Margin	-21.85%	-32.77%	-32.61%	-15.99%	-9.87%
D&A For EBITDA	24.77	17.77	17.72	17.98	16.34
EBIT	-403.6	-448.68	-353.03	-136.72	-79.87
EBIT Margin	-23.28%	-34.12%	-34.33%	-18.41%	-12.41%
Effective Tax Rate	20.17%	-	-	-	-

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