Epiworld International 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	765.33	974.32	1,143	440.69
Revenue Growth (YoY)	-21.45%	-14.72%	159.25%	-
Cost of Revenue	575.42	642.01	697.1	243.75
Gross Profit	189.91	332.31	445.4	196.94
Selling, General & Admin	218.9	181.09	211.53	50
Research & Development	74.87	79.99	101.79	43.83
Operating Expenses	296.35	262.27	313.17	94.77
Operating Income	-106.44	70.04	132.23	102.17
Interest Expense	-24.87	-30.2	-32.54	-20.28
Interest & Investment Income	76.53	39.95	12.1	3.48
Currency Exchange Gain (Loss)	-32.4	16.48	0.46	4.43
Other Non Operating Income (Expenses)	-1.85	-0	0.05	0.12
EBT Excluding Unusual Items	-89.01	96.27	112.32	89.92
Gain (Loss) on Sale of Assets	-0.01	0.02	3.49	0.03
Other Unusual Items	123.51	111.89	47.35	13.51
Pretax Income	34.5	208.18	163.15	103.46
Income Tax Expense	22.61	43.11	55.65	-24.09
Net Income	11.89	165.07	107.51	127.54
Net Income to Common	11.89	165.07	107.51	127.54
Net Income Growth	-92.80%	53.54%	-15.71%	-
Shares Outstanding (Basic)	403	383	340	317
Shares Outstanding (Diluted)	403	383	340	317
Shares Change (YoY)	5.08%	12.91%	7.25%	-
EPS (Basic)	0.03	0.43	0.32	0.40
EPS (Diluted)	0.03	0.43	0.32	0.40
EPS Growth	-93.15%	35.98%	-21.41%	-
Free Cash Flow	-22.22	435.94	-742.19	-363.72
Free Cash Flow Per Share	-0.06	1.14	-2.19	-1.15
Gross Margin	24.81%	34.11%	38.98%	44.69%
Operating Margin	-13.91%	7.19%	11.57%	23.18%
Profit Margin	1.55%	16.94%	9.41%	28.94%
Free Cash Flow Margin	-2.90%	44.74%	-64.96%	-82.53%
EBITDA	70.65	214.75	228.16	132.76
EBITDA Margin	9.23%	22.04%	19.97%	30.13%
D&A For EBITDA	177.08	144.72	95.92	30.59
EBIT	-106.44	70.04	132.23	102.17
EBIT Margin	-13.91%	7.19%	11.57%	23.18%
Effective Tax Rate	65.54%	20.71%	34.11%	-

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