Direct Drive Tech Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	338.68	281.72	79.8	17.54
Revenue Growth	-	253.02%	355.02%	-
Cost of Revenue	263.17	221.13	64.41	15.18
Gross Profit	75.51	60.59	15.4	2.36
Selling, General & Admin	181.95	110.85	46.2	25.27
Research & Development	82.13	55.44	42.92	39.04
Other Operating Expenses	0.77	0.77	0.24	0.05
Operating Expenses	264.86	167.06	89.36	64.36
Operating Income	-189.35	-106.47	-73.97	-62
Interest Expense	-1.44	-1.73	-1.56	-1.66
Interest & Investment Income	0.57	0.1	0.02	0.06
Other Non Operating Income (Expenses)	-1,047	-772.3	-15.6	-11.34
EBT Excluding Unusual Items	-1,237	-880.39	-91.11	-74.94
Gain (Loss) on Sale of Investments	-1.8	-0.59	-2.63	-0.65
Pretax Income	-1,239	-880.98	-93.74	-75.59
Net Income	-1,239	-880.98	-93.74	-75.59
Net Income to Common	-1,239	-880.98	-93.74	-75.59
Net Income Growth	-	-	-	-
Shares Outstanding (Basic)	274	168	82	59
Shares Outstanding (Diluted)	274	168	82	59
Shares Change	-	105.96%	37.69%	-
EPS (Basic)	-4.52	-5.25	-1.15	-1.28
EPS (Diluted)	-4.52	-5.25	-1.15	-1.28
EPS Growth	-	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	-126.24	-85.95	-71.72	-61.18
Free Cash Flow Per Share	-0.46	-0.51	-0.88	-1.03
Gross Margin	22.30%	21.51%	19.29%	13.47%
Operating Margin	-55.91%	-37.79%	-92.69%	-353.50%
Profit Margin	-365.88%	-312.72%	-117.46%	-430.98%
Free Cash Flow Margin	-37.28%	-30.51%	-89.87%	-348.85%
EBITDA	-184.67	-102.15	-71.31	-60.89
EBITDA Margin	-54.53%	-36.26%	-89.35%	-
D&A For EBITDA	4.68	4.32	2.66	1.1
EBIT	-189.35	-106.47	-73.97	-62
EBIT Margin	-55.91%	-37.79%	-92.69%	-