Bayzed Health Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,193	1,189	1,072	802.65	461.59
Revenue Growth (YoY)	4.65%	10.88%	33.58%	73.89%	-
Cost of Revenue	976.33	980.65	894.01	723.1	420.2
Gross Profit	216.3	208.2	178.16	79.56	41.39
Selling, General & Admin	196.9	177.53	160.64	120.61	82.54
Other Operating Expenses	-2.97	-2.13	-4.17	-3.75	-1.6
Operating Expenses	195.48	176.05	156.74	118.92	81.4
Operating Income	20.82	32.15	21.42	-39.36	-40.01
Interest Expense	-20.42	-21.5	-26.66	-23.62	-20.95
Interest & Investment Income	2.62	2.84	1.19	1.32	5.9
Other Non Operating Income (Expenses)	-0.15	-0.18	-0.39	-0.82	-0.11
EBT Excluding Unusual Items	2.87	13.31	-4.43	-62.48	-55.17
Gain (Loss) on Sale of Assets	-0.01	0	-0.18	-0.04	0.33
Pretax Income	2.86	13.31	-4.61	-62.52	-54.84
Income Tax Expense	19.34	16.87	19.8	12.99	7.12
Earnings From Continuing Operations	-16.48	-3.56	-24.41	-75.52	-61.96
Minority Interest in Earnings	-13.05	-9.9	-1.98	17.5	15.86
Net Income	-29.53	-13.46	-26.39	-58.02	-46.09
Net Income to Common	-29.53	-13.46	-26.39	-58.02	-46.09
Shares Outstanding (Basic)	1,318	1,185	1,185	-	-
Shares Outstanding (Diluted)	1,318	1,185	1,185	-	-
EPS (Basic)	-0.02	-0.01	-0.02	-	-
EPS (Diluted)	-0.02	-0.01	-0.02	-	-
Free Cash Flow	139.69	124.67	83	84.96	-42.65
Free Cash Flow Per Share	0.11	0.10	0.07	-	-
Gross Margin	18.14%	17.51%	16.62%	9.91%	8.97%
Operating Margin	1.75%	2.70%	2.00%	-4.90%	-8.67%
Profit Margin	-2.48%	-1.13%	-2.46%	-7.23%	-9.98%
Free Cash Flow Margin	11.71%	10.49%	7.74%	10.59%	-9.24%
EBITDA	81.05	90.84	80.99	10.62	-8.77
EBITDA Margin	6.80%	7.64%	7.55%	1.32%	-1.90%
D&A For EBITDA	60.23	58.69	59.57	49.98	31.24
EBIT	20.82	32.15	21.42	-39.36	-40.01
EBIT Margin	1.75%	2.70%	2.00%	-4.90%	-8.67%
Effective Tax Rate	675.79%	126.72%	-	-	-

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