Bayzed Health Group 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	1,120	1,189	1,072	802.65	461.59
Revenue Growth (YoY)	-5.80%	10.88%	33.58%	73.89%	-
Cost of Revenue	929.04	980.65	894.01	723.1	420.2
Gross Profit	190.81	208.2	178.16	79.56	41.39
Selling, General & Admin	167.7	177.53	160.64	120.61	82.54
Other Operating Expenses	-2.61	-2.13	-4.17	-3.75	-1.6
Operating Expenses	165.57	176.05	156.74	118.92	81.4
Operating Income	25.24	32.15	21.42	-39.36	-40.01
Interest Expense	-21.53	-21.5	-26.66	-23.62	-20.95
Interest & Investment Income	4.03	2.84	1.19	1.32	5.9
Currency Exchange Gain (Loss)	1.61	-	-	-	-
Other Non Operating Income (Expenses)	-0.05	-0.18	-0.39	-0.82	-0.11
EBT Excluding Unusual Items	9.3	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	9.29	13.31	-4.61	-62.52	-54.84
Income Tax Expense	17.97	16.87	19.8	12.99	7.12
Earnings From Continuing Operations	-8.68	-3.56	-24.41	-75.52	-61.96
Minority Interest in Earnings	-4.28	-9.9	-1.98	17.5	15.86
Net Income	-12.96	-13.46	-26.39	-58.02	-46.09
Net Income to Common	-12.96	-13.46	-26.39	-58.02	-46.09
Shares Outstanding (Basic)	1,255	1,185	1,185	-	-
Shares Outstanding (Diluted)	1,255	1,185	1,185	-	-
Shares Change (YoY)	5.91%	-	-	-	-
EPS (Basic)	-0.01	-0.01	-0.02	-	-
EPS (Diluted)	-0.01	-0.01	-0.02	-	-
Free Cash Flow	188.9	124.67	83	84.96	-42.65
Free Cash Flow Per Share	0.15	0.10	0.07	-	-
Gross Margin	17.04%	17.51%	16.62%	9.91%	8.97%
Operating Margin	2.25%	2.70%	2.00%	-4.90%	-8.67%
Profit Margin	-1.16%	-1.13%	-2.46%	-7.23%	-9.98%
Free Cash Flow Margin	16.87%	10.49%	7.74%	10.59%	-9.24%
EBITDA	89.06	90.84	80.99	10.62	-8.77
EBITDA Margin	7.95%	7.64%	7.55%	1.32%	-1.90%
D&A For EBITDA	63.82	58.69	59.57	49.98	31.24
EBIT	25.24	32.15	21.42	-39.36	-40.01
EBIT Margin	2.25%	2.70%	2.00%	-4.90%	-8.67%
Effective Tax Rate	193.39%	126.72%	-	-	-

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