HKG:6681 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	220.05	122.31	67.2	11.29	2.3
Revenue Growth (YoY)	79.91%	82.01%	495.16%	391.13%	-
Cost of Revenue	130.6	68.3	35.14	7.99	1
Gross Profit	89.45	54.01	32.06	3.3	1.3
Selling, General & Admin	175.58	107.94	87.27	39.69	37.6
Research & Development	165.9	119.42	90.73	67.63	32.76
Operating Expenses	380.41	238.85	178.85	107.37	70.37
Operating Income	-290.95	-184.83	-146.78	-104.07	-69.06
Interest Expense	-23.99	-22.03	-20.22	-19.22	-6.39
Interest & Investment Income	13.65	0.63	2.08	3.9	1.33
Currency Exchange Gain (Loss)	-8.83	-0.33	-0.07	-	-
Other Non Operating Income (Expenses)	-3.06	-22.11	-25.77	-0.29	0.05
EBT Excluding Unusual Items	-313.18	-228.67	-190.76	-119.68	-74.08
Merger & Restructuring Charges	-	-	-5.53	-	-
Gain (Loss) on Sale of Investments	1.12	30.12	-162.54	-382.65	-623.76
Gain (Loss) on Sale of Assets	-0.06	0	-0.06	-0.13	0.01
Other Unusual Items	-4.14	-0.01	-0.22	-	-
Pretax Income	-316.26	-198.56	-359.12	-502.46	-697.84
Income Tax Expense	0.1	0.05	-	-	-
Earnings From Continuing Operations	-316.36	-198.61	-359.12	-502.46	-697.84
Minority Interest in Earnings	1.5	0.33	0.03	0.01	0
Net Income	-314.86	-198.28	-359.08	-502.45	-697.84
Net Income to Common	-314.86	-198.28	-359.08	-502.45	-697.84
Shares Outstanding (Basic)	1,176	904	584	281	150
Shares Outstanding (Diluted)	1,176	1,000	584	281	150
Shares Change (YoY)	17.58%	71.29%	108.01%	86.78%	-
EPS (Basic)	-0.27	-0.22	-0.62	-1.79	-4.64
EPS (Diluted)	-0.27	-0.23	-0.62	-1.79	-4.64
Free Cash Flow	-	-163.37	-152.84	-117.08	-60.01
Free Cash Flow Per Share	-	-0.16	-0.26	-0.42	-0.40
Gross Margin	40.65%	44.16%	47.71%	29.20%	56.72%
Operating Margin	-132.22%	-151.12%	-218.43%	-921.71%	-3004.09%
Profit Margin	-143.09%	-162.11%	-534.35%	-4450.02%	-30353.94%
Free Cash Flow Margin	-	-133.57%	-227.44%	-1036.94%	-2610.05%
EBITDA	-273.41	-167.29	-132.78	-98.34	-68.45
EBITDA Margin	-124.25%	-136.77%	-197.59%	-	-
D&A For EBITDA	17.55	17.55	14.01	5.73	0.61
EBIT	-290.95	-184.83	-146.78	-104.07	-69.06
EBIT Margin	-132.22%	-151.12%	-218.43%	-	-

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