HKG:3625 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	365.7	355.2	150.29	130.33
Revenue Growth (YoY)	2.96%	136.34%	15.32%	-
Cost of Revenue	289.74	308.64	150.42	120.85
Gross Profit	75.96	46.56	-0.12	9.48
Selling, General & Admin	61.97	40.52	39.25	35.68
Research & Development	69.01	68.06	59.27	48.71
Operating Expenses	130.96	108.7	98.69	84.52
Operating Income	-55	-62.14	-98.81	-75.04
Interest Expense	-2.65	-1.39	-0.82	-0.21
Interest & Investment Income	1.85	4.05	5.35	5.37
Currency Exchange Gain (Loss)	-3.24	4.81	1.4	4.7
Other Non Operating Income (Expenses)	2.74	0.5	1.23	0.05
EBT Excluding Unusual Items	-56.3	-54.18	-91.66	-65.12
Other Unusual Items	-2.87	-2.67	-2.47	-0.78
Pretax Income	-59.17	-56.84	-94.13	-65.9
Income Tax Expense	-	-	-	0
Net Income	-59.17	-56.84	-94.13	-65.9
Net Income to Common	-59.17	-56.84	-94.13	-65.9
Shares Outstanding (Basic)	100	100	100	87
Shares Outstanding (Diluted)	100	100	100	87
Shares Change (YoY)	-	-	15.37%	-
EPS (Basic)	-0.59	-0.57	-0.94	-0.76
EPS (Diluted)	-0.59	-0.57	-0.94	-0.76
Free Cash Flow	-28.35	-84.69	-92.05	-121.44
Free Cash Flow Per Share	-0.28	-0.85	-0.92	-1.40
Gross Margin	20.77%	13.11%	-0.08%	7.27%
Operating Margin	-15.04%	-17.50%	-65.75%	-57.58%
Profit Margin	-16.18%	-16.00%	-62.63%	-50.57%
Free Cash Flow Margin	-7.75%	-23.84%	-61.25%	-93.18%
EBITDA	-49.34	-56.42	-93.76	-71.36
EBITDA Margin	-13.49%	-15.88%	-62.39%	-54.76%
D&A For EBITDA	5.67	5.72	5.05	3.68
EBIT	-55	-62.14	-98.81	-75.04
EBIT Margin	-15.04%	-17.50%	-65.75%	-57.58%