Keep Inc. 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	1,637	2,066	2,138	2,212	1,620
Revenue Growth (YoY)	-20.74%	-3.37%	-3.33%	36.55%	46.33%
Cost of Revenue	783.14	1,100	1,176	1,311	937.59
Gross Profit	854.13	965.43	961.64	900.38	681.95
Selling, General & Admin	686.62	1,114	934.21	1,093	1,302
Research & Development	310.07	438.97	449.7	536.88	355.58
Other Operating Expenses	-29.6	-5.18	-46.45	-7.89	1.28
Operating Expenses	967.09	1,548	1,337	1,622	1,659
Operating Income	-112.96	-582.08	-375.81	-721.99	-977.28
Interest Expense	-1.02	-2.2	-5.28	-7.31	-7.78
Interest & Investment Income	10.42	43.3	54.51	27.54	13.83
Currency Exchange Gain (Loss)	0.66	-0.61	1.4	-0.58	0.4
Other Non Operating Income (Expenses)	-	-	-	-	-1,946
EBT Excluding Unusual Items	-102.9	-541.59	-325.18	-702.35	-2,917
Gain (Loss) on Sale of Investments	31.2	8.51	0.06	-66.11	8.83
Gain (Loss) on Sale of Assets	-0.08	-1.05	-1.23	-0.07	-0.03
Other Unusual Items	-	-	1,432	664.97	-
Pretax Income	-71.79	-534.13	1,106	-103.55	-2,908
Income Tax Expense	-	0.58	-	1	-
Earnings From Continuing Operations	-71.79	-534.71	1,106	-104.55	-2,908
Net Income	-71.79	-534.71	1,106	-104.55	-2,908
Net Income to Common	-71.79	-534.71	1,106	-104.55	-2,908
Shares Outstanding (Basic)	461	467	292	138	137
Shares Outstanding (Diluted)	461	467	316	138	137
Shares Change (YoY)	-1.29%	47.67%	128.36%	0.87%	1.45%
EPS (Basic)	-0.16	-1.15	3.78	-0.76	-21.20
EPS (Diluted)	-0.16	-1.15	3.50	-0.76	-21.20
Free Cash Flow	-	-480.22	-322.38	-469.18	-888.39
Free Cash Flow Per Share	-	-1.03	-1.02	-3.39	-6.48
Gross Margin	52.17%	46.74%	44.98%	40.71%	42.11%
Operating Margin	-6.90%	-28.18%	-17.58%	-32.65%	-60.34%
Profit Margin	-4.38%	-25.89%	51.73%	-4.73%	-179.57%
Free Cash Flow Margin	-	-23.25%	-15.08%	-21.21%	-54.85%
EBITDA	-102.42	-571.54	-361.97	-707.46	-964.42
EBITDA Margin	-6.25%	-27.67%	-16.93%	-31.99%	-59.55%
D&A For EBITDA	10.54	10.54	13.84	14.52	12.87
EBIT	-112.96	-582.08	-375.81	-721.99	-977.28
EBIT Margin	-6.90%	-28.18%	-17.58%	-32.65%	-60.34%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.