Butong Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,393	1,249	852.1	507.2
Revenue Growth (YoY)	174.61%	46.56%	68.00%	-
Cost of Revenue	697.58	619.82	424.76	265.42
Gross Profit	695.24	629.05	427.34	241.78
Selling, General & Admin	531.53	473.26	320.49	213.05
Research & Development	22.74	21.41	23.85	16.25
Other Operating Expenses	-29.23	-6.7	-4.04	-0.51
Operating Expenses	525.24	488	340.37	228.79
Operating Income	170	141.06	86.97	12.99
Interest Expense	-28.08	-28.67	-27.5	-27.22
Interest & Investment Income	2.87	3.21	1.17	0.52
Currency Exchange Gain (Loss)	-0.01	-1.74	-0.01	0.02
EBT Excluding Unusual Items	144.76	113.85	60.63	-13.7
Gain (Loss) on Sale of Investments	3.54	2.86	1.07	1.82
Gain (Loss) on Sale of Assets	-	-	-1	-0.56
Pretax Income	148.3	116.71	60.7	-12.43
Income Tax Expense	69.45	58.19	33.48	8.8
Net Income	78.84	58.52	27.22	-21.23
Net Income to Common	78.84	58.52	27.22	-21.23
Net Income Growth	-	114.94%	-	-
Shares Outstanding (Basic)	91	91	-	-
Shares Outstanding (Diluted)	91	91	-	-
EPS (Basic)	0.87	0.64	-	-
EPS (Diluted)	0.87	0.64	-	-
Free Cash Flow	96.69	94.19	67.86	14.68
Free Cash Flow Per Share	1.06	1.04	-	-
Gross Margin	49.92%	50.37%	50.15%	47.67%
Operating Margin	12.21%	11.29%	10.21%	2.56%
Profit Margin	5.66%	4.69%	3.19%	-4.19%
Free Cash Flow Margin	6.94%	7.54%	7.96%	2.89%
EBITDA	184.51	156.69	103.08	26.64
EBITDA Margin	13.25%	12.55%	12.10%	5.25%
D&A For EBITDA	14.51	15.64	16.11	13.65
EBIT	170	141.06	86.97	12.99
EBIT Margin	12.21%	11.29%	10.21%	2.56%
Effective Tax Rate	46.83%	49.86%	55.15%	-
Advertising Expenses	-	294.58	209.99	135.39

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