MetaLight Inc. (HKG:2605)

MetaLight Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	206.14	174.54	135.38
Revenue Growth (YoY)	18.11%	28.92%	-
Cost of Revenue	47.64	40.49	36.18
Gross Profit	158.5	134.05	99.2
Selling, General & Admin	100.28	72.66	47.46
Research & Development	36.72	28.3	19.08
Other Operating Expenses	1.05	0.8	0.4
Operating Expenses	139.93	101.76	67.4
Operating Income	18.56	32.29	31.81
Interest Expense	-1.35	-1.9	-2.1
Interest & Investment Income	3.05	2.54	2.75
Earnings From Equity Investments	-	-	-0.3
Currency Exchange Gain (Loss)	0.18	0.01	0
Other Non Operating Income (Expenses)	-44.25	-50.5	-50.85
EBT Excluding Unusual Items	-23.81	-17.56	-18.7
Gain (Loss) on Sale of Investments	1.88	0.59	-2.84
Gain (Loss) on Sale of Assets	-	-	-0.12
Other Unusual Items	0.18	-	0.3
Pretax Income	-21.74	-16.97	-21.36
Income Tax Expense	4.39	3.36	-1.32
Net Income	-26.14	-20.33	-20.04
Net Income to Common	-26.14	-20.33	-20.04
Shares Outstanding (Basic)	58	35	35
Shares Outstanding (Diluted)	58	35	35
Shares Change (YoY)	64.98%	0.28%	-
EPS (Basic)	-0.45	-0.58	-0.57
EPS (Diluted)	-0.45	-0.58	-0.57
Free Cash Flow	56.42	40.05	12.13
Free Cash Flow Per Share	0.97	1.14	0.35
Gross Margin	76.89%	76.80%	73.28%
Operating Margin	9.01%	18.50%	23.49%
Profit Margin	-12.68%	-11.65%	-14.80%
Free Cash Flow Margin	27.37%	22.94%	8.96%
EBITDA	19.09	32.71	32.07
EBITDA Margin	9.26%	18.74%	23.69%
D&A For EBITDA	0.52	0.43	0.26
EBIT	18.56	32.29	31.81
EBIT Margin	9.01%	18.50%	23.49%
Advertising Expenses	25.99	19.48	14.02

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