HKG:6681 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	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	170.48	122.31	67.2	11.29	2.3
Revenue Growth (YoY)	80.06%	82.01%	495.16%	391.13%	-
Cost of Revenue	100.13	68.3	35.14	7.99	1
Gross Profit	70.34	54.01	32.06	3.3	1.3
Selling, General & Admin	130.88	107.94	87.27	39.69	37.6
Research & Development	123.34	119.42	90.73	67.63	32.76
Operating Expenses	271.25	238.85	178.85	107.37	70.37
Operating Income	-200.9	-184.83	-146.78	-104.07	-69.06
Interest Expense	-23.1	-22.03	-20.22	-19.22	-6.39
Interest & Investment Income	6.92	0.63	2.08	3.9	1.33
Currency Exchange Gain (Loss)	-1.59	-0.33	-0.07	-	-
Other Non Operating Income (Expenses)	-21.22	-22.11	-25.77	-0.29	0.05
EBT Excluding Unusual Items	-239.88	-228.67	-190.76	-119.68	-74.08
Merger & Restructuring Charges	-	-	-5.53	-	-
Gain (Loss) on Sale of Investments	31.38	30.12	-162.54	-382.65	-623.76
Gain (Loss) on Sale of Assets	0	0	-0.06	-0.13	0.01
Other Unusual Items	-0.88	-0.01	-0.22	-	-
Pretax Income	-209.38	-198.56	-359.12	-502.46	-697.84
Income Tax Expense	1.72	0.05	-	-	-
Earnings From Continuing Operations	-211.1	-198.61	-359.12	-502.46	-697.84
Minority Interest in Earnings	0.78	0.33	0.03	0.01	0
Net Income	-210.32	-198.28	-359.08	-502.45	-697.84
Net Income to Common	-210.32	-198.28	-359.08	-502.45	-697.84
Shares Outstanding (Basic)	1,037	904	584	281	150
Shares Outstanding (Diluted)	1,037	1,000	584	281	150
Shares Change (YoY)	17.73%	71.29%	108.01%	86.78%	-
EPS (Basic)	-0.20	-0.22	-0.62	-1.79	-4.64
EPS (Diluted)	-0.23	-0.23	-0.62	-1.79	-4.64
Free Cash Flow	-195.65	-163.37	-152.84	-117.08	-60.01
Free Cash Flow Per Share	-0.19	-0.16	-0.26	-0.42	-0.40
Gross Margin	41.26%	44.16%	47.71%	29.20%	56.72%
Operating Margin	-117.85%	-151.12%	-218.43%	-921.71%	-3004.09%
Profit Margin	-123.37%	-162.11%	-534.35%	-4450.02%	-30353.94%
Free Cash Flow Margin	-114.77%	-133.57%	-227.44%	-1036.94%	-2610.05%
EBITDA	-183.65	-167.29	-132.78	-98.34	-68.45
EBITDA Margin	-107.73%	-136.77%	-197.59%	-	-
D&A For EBITDA	17.25	17.55	14.01	5.73	0.61
EBIT	-200.9	-184.83	-146.78	-104.07	-69.06
EBIT Margin	-117.85%	-151.12%	-218.43%	-	-

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