HKG:6675 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	477.86	347.54	223.48
Revenue Growth (YoY)	37.50%	55.51%	-
Cost of Revenue	344.27	276.94	186.34
Gross Profit	133.59	70.6	37.15
Selling, General & Admin	85.01	60.78	52.41
Research & Development	101.53	107.9	95.89
Other Operating Expenses	-4.23	-1.72	-5.01
Operating Expenses	182.31	166.96	143.29
Operating Income	-48.72	-96.35	-106.14
Interest Expense	-0.8	-0.3	-2.23
Interest & Investment Income	1.82	1.28	2.31
Currency Exchange Gain (Loss)	-3.15	-0.72	-0.27
Other Non Operating Income (Expenses)	-282.29	-251.16	-164.51
EBT Excluding Unusual Items	-333.15	-347.25	-270.84
Impairment of Goodwill	-	-	-76.14
Gain (Loss) on Sale of Investments	2.59	-3.9	-8.42
Gain (Loss) on Sale of Assets	-	-0.18	-0.01
Pretax Income	-330.56	-351.34	-355.4
Income Tax Expense	-	-	0.4
Earnings From Continuing Operations	-330.56	-351.34	-355.8
Minority Interest in Earnings	0.74	-	-
Net Income	-329.82	-351.34	-355.8
Preferred Dividends & Other Adjustments	-225.83	-234.45	-222.83
Net Income to Common	-103.99	-116.89	-132.97
Shares Outstanding (Basic)	326	-	-
Shares Outstanding (Diluted)	326	-	-
EPS (Basic)	-0.32	-	-
EPS (Diluted)	-0.32	-	-
Free Cash Flow	-184.18	-145.66	-67.42
Free Cash Flow Per Share	-0.57	-	-
Gross Margin	27.96%	20.32%	16.62%
Operating Margin	-10.20%	-27.72%	-47.49%
Profit Margin	-21.76%	-33.63%	-59.50%
Free Cash Flow Margin	-38.54%	-41.91%	-30.17%
EBITDA	-41.85	-89.6	-100.97
EBITDA Margin	-8.76%	-25.78%	-45.18%
D&A For EBITDA	6.88	6.76	5.17
EBIT	-48.72	-96.35	-106.14
EBIT Margin	-10.20%	-27.72%	-47.49%
Advertising Expenses	5.36	2.68	0.77