MEGAIN Holding (Cayman) 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	FY 2020
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	Dec '20 Dec 31, 2020
Revenue	154.69	149.65	172.39	173.37	167.87	156.78
Revenue Growth (YoY)	2.40%	-13.19%	-0.56%	3.28%	7.07%	-0.53%
Cost of Revenue	117.82	101.4	105.42	82.74	81.16	69.71
Gross Profit	36.87	48.25	66.98	90.63	86.7	87.07
Selling, General & Admin	38.59	32.78	32.38	27.15	28.05	24.79
Research & Development	20.31	19.14	16.28	18.25	19.63	14.65
Operating Expenses	60.67	53.64	49.09	45.52	48.89	40.47
Operating Income	-23.8	-5.38	17.89	45.11	37.81	46.6
Interest Expense	-0.56	-0.31	-0.14	-0.25	-0.24	-0.11
Interest & Investment Income	7.77	7.93	6	3.71	2.92	1.93
Currency Exchange Gain (Loss)	0.91	1.39	0.98	2.55	-	0.45
Other Non Operating Income (Expenses)	3.28	7.14	2.66	3.28	-2.08	-12.92
EBT Excluding Unusual Items	-12.4	10.76	27.38	54.4	38.42	35.94
Other Unusual Items	0.04	0.04	-0.03	0.03	0.01	-
Pretax Income	-26.33	10.81	27.35	54.43	38.43	35.94
Income Tax Expense	2.99	1.14	4.14	9.54	7.17	7.19
Earnings From Continuing Operations	-29.32	9.66	23.21	44.89	31.26	28.75
Net Income	-29.32	9.66	23.21	44.89	31.26	28.75
Net Income to Common	-29.32	9.66	23.21	44.89	31.26	28.75
Net Income Growth	-	-58.38%	-48.29%	43.59%	8.74%	-30.41%
Shares Outstanding (Basic)	519	519	519	519	483	375
Shares Outstanding (Diluted)	519	519	519	519	483	375
Shares Change (YoY)	-	-	-	7.50%	28.69%	-
EPS (Basic)	-0.06	0.02	0.04	0.09	0.06	0.08
EPS (Diluted)	-0.06	0.02	0.04	0.09	0.06	0.08
EPS Growth	-	-58.38%	-48.29%	33.58%	-15.50%	-30.41%
Free Cash Flow	-13.03	-0.17	-14.41	54.13	-6.5	70.82
Free Cash Flow Per Share	-0.03	-	-0.03	0.10	-0.01	0.19
Dividend Per Share	-	-	0.018	0.035	0.024	0.011
Dividend Growth	-	-	-48.27%	44.17%	116.22%	-
Gross Margin	23.83%	32.24%	38.85%	52.27%	51.65%	55.54%
Operating Margin	-15.39%	-3.60%	10.38%	26.02%	22.53%	29.72%
Profit Margin	-18.95%	6.46%	13.46%	25.89%	18.62%	18.34%
Free Cash Flow Margin	-8.43%	-0.11%	-8.36%	31.23%	-3.87%	45.17%
EBITDA	-21.57	-3.53	19.32	46.92	40.55	48.92
EBITDA Margin	-13.94%	-2.36%	11.21%	27.07%	24.15%	31.20%
D&A For EBITDA	2.23	1.85	1.43	1.82	2.73	2.32
EBIT	-23.8	-5.38	17.89	45.11	37.81	46.6
EBIT Margin	-15.39%	-3.60%	10.38%	26.02%	22.53%	29.72%
Effective Tax Rate	-	10.59%	15.14%	17.53%	18.65%	20.00%

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