CaoCao Inc. (HKG:2643)

CaoCao Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	20,190	14,657	10,668	7,631
Revenue Growth (YoY)	37.74%	37.40%	39.80%	-
Cost of Revenue	18,300	13,472	10,052	7,970
Gross Profit	1,890	1,186	615.4	-338.99
Selling, General & Admin	2,414	1,984	2,040	1,383
Research & Development	206.31	234.46	339.47	225.22
Other Operating Expenses	-267.35	-177.59	-130.44	-29.76
Operating Expenses	2,353	2,049	2,252	1,581
Operating Income	-463.3	-863.51	-1,636	-1,920
Interest Expense	-277.52	-327.97	-312.64	-259.33
Interest & Investment Income	-	10.82	17.1	9.19
Other Non Operating Income (Expenses)	147.2	-87.84	-69.82	-14.9
EBT Excluding Unusual Items	-593.63	-1,268	-2,002	-2,185
Gain (Loss) on Sale of Investments	-	0.9	-	25.6
Gain (Loss) on Sale of Assets	-	58.1	65.59	28.66
Other Unusual Items	-	3.15	-4.06	0.4
Pretax Income	-593.63	-1,206	-1,940	-2,130
Income Tax Expense	20.01	40.05	41.06	-123.2
Earnings From Continuing Operations	-613.64	-1,246	-1,981	-2,007
Minority Interest in Earnings	-21.75	-4.38	64.58	35.04
Net Income	-635.38	-1,251	-1,916	-1,972
Net Income to Common	-635.38	-1,251	-1,916	-1,972
Shares Outstanding (Basic)	500	452	452	452
Shares Outstanding (Diluted)	500	452	452	452
Shares Change (YoY)	10.66%	-	-	-
EPS (Basic)	-1.27	-2.77	-4.24	-4.36
EPS (Diluted)	-1.27	-2.77	-4.24	-4.36
Free Cash Flow	-97.53	-56.92	-1,769	-1,869
Free Cash Flow Per Share	-0.20	-0.13	-3.91	-4.13
Gross Margin	9.36%	8.09%	5.77%	-4.44%
Operating Margin	-2.30%	-5.89%	-15.34%	-25.16%
Profit Margin	-3.15%	-8.53%	-17.96%	-25.84%
Free Cash Flow Margin	-0.48%	-0.39%	-16.58%	-24.49%
EBITDA	222.26	-177.94	-971.85	-1,262
EBITDA Margin	1.10%	-1.21%	-9.11%	-16.54%
D&A For EBITDA	685.56	685.56	664.32	657.58
EBIT	-463.3	-863.51	-1,636	-1,920
EBIT Margin	-2.30%	-5.89%	-15.34%	-25.16%

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