MetaLight Inc. (HKG:2605)

MetaLight 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	213	206.14	174.54	135.38
Revenue Growth (YoY)	57.33%	18.11%	28.92%	-
Cost of Revenue	50.1	47.64	40.49	36.18
Gross Profit	162.9	158.5	134.05	99.2
Selling, General & Admin	113.19	100.28	72.66	47.46
Research & Development	39.78	36.72	28.3	19.08
Other Operating Expenses	1.05	1.05	0.8	0.4
Operating Expenses	155.71	139.93	101.76	67.4
Operating Income	7.19	18.56	32.29	31.81
Interest Expense	-1.13	-1.35	-1.9	-2.1
Interest & Investment Income	3.05	3.05	2.54	2.75
Earnings From Equity Investments	-	-	-	-0.3
Currency Exchange Gain (Loss)	-0.48	0.18	0.01	0
Other Non Operating Income (Expenses)	-154.57	-44.25	-50.5	-50.85
EBT Excluding Unusual Items	-145.94	-23.81	-17.56	-18.7
Gain (Loss) on Sale of Investments	-2.1	1.88	0.59	-2.84
Gain (Loss) on Sale of Assets	-	-	-	-0.12
Other Unusual Items	0.18	0.18	-	0.3
Pretax Income	-147.85	-21.74	-16.97	-21.36
Income Tax Expense	4.02	4.39	3.36	-1.32
Net Income	-151.87	-26.14	-20.33	-20.04
Net Income to Common	-151.87	-26.14	-20.33	-20.04
Shares Outstanding (Basic)	69	58	35	35
Shares Outstanding (Diluted)	69	58	35	35
Shares Change (YoY)	97.96%	64.98%	0.28%	-
EPS (Basic)	-2.19	-0.45	-0.58	-0.57
EPS (Diluted)	-2.20	-0.45	-0.58	-0.57
Free Cash Flow	41.49	56.42	40.05	12.13
Free Cash Flow Per Share	0.60	0.97	1.14	0.35
Gross Margin	76.48%	76.89%	76.80%	73.28%
Operating Margin	3.38%	9.01%	18.50%	23.49%
Profit Margin	-71.30%	-12.68%	-11.65%	-14.80%
Free Cash Flow Margin	19.48%	27.37%	22.94%	8.96%
EBITDA	7.68	19.09	32.71	32.07
EBITDA Margin	3.61%	9.26%	18.74%	23.69%
D&A For EBITDA	0.49	0.52	0.43	0.26
EBIT	7.19	18.56	32.29	31.81
EBIT Margin	3.38%	9.01%	18.50%	23.49%
Advertising Expenses	-	25.99	19.48	14.02

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