HKG:3752 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	521.75	325.26	267.03
Revenue Growth (YoY)	60.41%	21.81%	-
Cost of Revenue	407.58	254.07	236.45
Gross Profit	114.17	71.19	30.57
Selling, General & Admin	111.58	116.16	90.51
Research & Development	62.97	52.16	56.49
Operating Expenses	179.39	188.26	147.98
Operating Income	-65.22	-117.07	-117.41
Interest Expense	-122.49	-100.25	-69.33
Interest & Investment Income	6.3	3.2	3.48
Currency Exchange Gain (Loss)	0.01	0.13	0.26
Other Non Operating Income (Expenses)	-1.1	13.23	11.49
EBT Excluding Unusual Items	-182.5	-200.77	-171.51
Gain (Loss) on Sale of Investments	3.32	9.25	0.5
Gain (Loss) on Sale of Assets	-0.13	-0.25	-0.3
Other Unusual Items	-	0.02	13.85
Pretax Income	-179.31	-191.76	-157.46
Net Income	-179.31	-191.76	-157.46
Net Income to Common	-179.31	-191.76	-157.46
Shares Outstanding (Basic)	81	84	84
Shares Outstanding (Diluted)	81	84	84
Shares Change (YoY)	-3.44%	-	-
EPS (Basic)	-2.20	-2.27	-1.87
EPS (Diluted)	-2.20	-2.27	-1.87
Free Cash Flow	-92.27	-146.15	-104.84
Free Cash Flow Per Share	-1.13	-1.73	-1.24
Gross Margin	21.88%	21.89%	11.45%
Operating Margin	-12.50%	-35.99%	-43.97%
Profit Margin	-34.37%	-58.95%	-58.97%
Free Cash Flow Margin	-17.68%	-44.93%	-39.26%
EBITDA	-54.43	-106.36	-104.89
EBITDA Margin	-10.43%	-32.70%	-39.28%
D&A For EBITDA	10.8	10.71	12.52
EBIT	-65.22	-117.07	-117.41
EBIT Margin	-12.50%	-35.99%	-43.97%
Advertising Expenses	3.54	2.59	4.51