HKG:2706 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	621.08	503.13	375.57	312.99
Revenue Growth (YoY)	23.44%	33.96%	19.99%	-
Cost of Revenue	352.09	320.74	243.31	216.13
Gross Profit	268.99	182.39	132.26	96.86
Selling, General & Admin	210.72	123.77	152.91	185.91
Research & Development	99.86	60.68	72.71	86.94
Other Operating Expenses	-2.35	-9.24	-0.42	-0.55
Operating Expenses	327.54	178.43	234.68	274.79
Operating Income	-58.55	3.96	-102.42	-177.92
Interest Expense	-0.62	-0.41	-0.62	-0.07
Interest & Investment Income	1.33	0.38	0.16	0.37
Currency Exchange Gain (Loss)	-0	-0.83	0.64	-0.6
Other Non Operating Income (Expenses)	-5.75	-21.61	-19.82	-0.41
EBT Excluding Unusual Items	-63.59	-18.5	-122.06	-178.63
Gain (Loss) on Sale of Investments	1.86	-	-	0.43
Gain (Loss) on Sale of Assets	-0.05	-	-	-
Other Unusual Items	-141.28	-76.09	-149.66	-
Pretax Income	-203.07	-94.59	-271.72	-178.21
Income Tax Expense	2.26	-0.86	-6.07	-2.43
Net Income	-205.32	-93.73	-265.65	-175.78
Preferred Dividends & Other Adjustments	-127.82	-54.39	-	-
Net Income to Common	-77.5	-39.34	-265.65	-175.78
Shares Outstanding (Basic)	134	134	-	-
Shares Outstanding (Diluted)	134	134	-	-
EPS (Basic)	-0.58	-0.29	-	-
EPS (Diluted)	-0.58	-0.29	-	-
Free Cash Flow	-60.88	-40.06	-140.62	-163.79
Free Cash Flow Per Share	-0.45	-0.30	-	-
Gross Margin	43.31%	36.25%	35.22%	30.95%
Operating Margin	-9.43%	0.79%	-27.27%	-56.85%
Profit Margin	-12.48%	-7.82%	-70.73%	-56.16%
Free Cash Flow Margin	-9.80%	-7.96%	-37.44%	-52.33%
EBITDA	-57.56	5.29	-101.03	-176.75
EBITDA Margin	-9.27%	1.05%	-26.90%	-56.47%
D&A For EBITDA	0.99	1.33	1.39	1.17
EBIT	-58.55	3.96	-102.42	-177.92
EBIT Margin	-9.43%	0.79%	-27.27%	-56.85%