MEGAIN Holding (Cayman) 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	155.34	149.65	172.39	173.37	167.87
Revenue Growth (YoY)	3.80%	-13.19%	-0.56%	3.28%	7.07%
Cost of Revenue	146.62	101.4	105.42	82.74	81.16
Gross Profit	8.72	48.25	66.98	90.63	86.7
Selling, General & Admin	45.09	32.78	32.38	27.15	28.05
Research & Development	22.23	19.14	16.28	18.25	19.63
Operating Expenses	69.28	53.64	49.09	45.52	48.89
Operating Income	-60.56	-5.38	17.89	45.11	37.81
Interest Expense	-0.72	-0.31	-0.14	-0.25	-0.24
Interest & Investment Income	1.64	7.93	6	3.71	2.92
Currency Exchange Gain (Loss)	-1.68	1.39	0.98	2.55	-
Other Non Operating Income (Expenses)	2.86	7.14	2.66	3.28	-2.08
EBT Excluding Unusual Items	-58.46	10.76	27.38	54.4	38.42
Asset Writedown	-21.39	-	-	-	-
Other Unusual Items	1.01	0.04	-0.03	0.03	0.01
Pretax Income	-78.84	10.81	27.35	54.43	38.43
Income Tax Expense	4.86	1.14	4.14	9.54	7.17
Earnings From Continuing Operations	-83.7	9.66	23.21	44.89	31.26
Minority Interest in Earnings	0.01	-	-	-	-
Net Income	-83.69	9.66	23.21	44.89	31.26
Net Income to Common	-83.69	9.66	23.21	44.89	31.26
Net Income Growth	-	-58.38%	-48.29%	43.59%	8.74%
Shares Outstanding (Basic)	519	519	519	519	483
Shares Outstanding (Diluted)	519	519	519	519	483
Shares Change (YoY)	-	-	-	7.50%	28.69%
EPS (Basic)	-0.16	0.02	0.04	0.09	0.06
EPS (Diluted)	-0.16	0.02	0.04	0.09	0.06
EPS Growth	-	-58.38%	-48.29%	33.58%	-15.50%
Free Cash Flow	-	-0.17	-14.41	54.13	-6.5
Free Cash Flow Per Share	-	-	-0.03	0.10	-0.01
Dividend Per Share	-	-	0.018	0.035	0.024
Dividend Growth	-	-	-48.27%	44.17%	116.22%
Gross Margin	5.61%	32.24%	38.85%	52.27%	51.65%
Operating Margin	-38.99%	-3.60%	10.38%	26.02%	22.53%
Profit Margin	-53.88%	6.46%	13.46%	25.89%	18.62%
Free Cash Flow Margin	-	-0.11%	-8.36%	31.23%	-3.87%
EBITDA	-58.71	-3.53	19.32	46.92	40.55
EBITDA Margin	-37.80%	-2.36%	11.21%	27.07%	24.15%
D&A For EBITDA	1.85	1.85	1.43	1.82	2.73
EBIT	-60.56	-5.38	17.89	45.11	37.81
EBIT Margin	-38.99%	-3.60%	10.38%	26.02%	22.53%
Effective Tax Rate	-	10.59%	15.14%	17.53%	18.65%

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