Reach New Holdings 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	80.38	91.71	66.32	67.25	74.41
Revenue Growth (YoY)	-12.35%	38.27%	-1.38%	-9.63%	22.88%
Cost of Revenue	60.36	66.21	48.58	47.5	56.48
Gross Profit	20.02	25.5	17.74	19.75	17.94
Selling, General & Admin	33.13	33.88	29.93	27.03	24.36
Operating Expenses	34.2	34.21	30.06	27.07	24.38
Operating Income	-14.18	-8.71	-12.32	-7.33	-6.45
Interest Expense	-0.05	-0.05	-0.02	-0.13	-0.25
Interest & Investment Income	-	0.22	0.21	0.07	0.07
Other Non Operating Income (Expenses)	0.59	0.54	0.67	0.26	0.27
EBT Excluding Unusual Items	-13.64	-8.01	-11.46	-7.13	-6.36
Gain (Loss) on Sale of Investments	-	-	-	-	4.9
Asset Writedown	-	-	-9.94	-	-
Other Unusual Items	-	-	-	0.46	0.13
Pretax Income	-13.64	-8.01	-21.4	-6.66	-1.33
Income Tax Expense	0.28	0.25	0.23	0.09	0.11
Earnings From Continuing Operations	-13.91	-8.26	-21.63	-6.75	-1.44
Minority Interest in Earnings	0.02	-	-	0.01	0.03
Net Income	-13.89	-8.26	-21.63	-6.74	-1.41
Net Income to Common	-13.89	-8.26	-21.63	-6.74	-1.41
Shares Outstanding (Basic)	1,136	992	850	850	850
Shares Outstanding (Diluted)	1,136	992	850	850	850
Shares Change (YoY)	14.48%	16.70%	-	-	2.19%
EPS (Basic)	-0.01	-0.01	-0.03	-0.01	-0.00
EPS (Diluted)	-0.01	-0.01	-0.03	-0.01	-0.00
Free Cash Flow	-	-10.15	-15.09	8.43	0.09
Free Cash Flow Per Share	-	-0.01	-0.02	0.01	-
Gross Margin	24.90%	27.81%	26.75%	29.37%	24.10%
Operating Margin	-17.64%	-9.50%	-18.57%	-10.89%	-8.66%
Profit Margin	-17.28%	-9.01%	-32.62%	-10.03%	-1.89%
Free Cash Flow Margin	-	-11.07%	-22.75%	12.54%	0.12%
EBITDA	-13.68	-8.21	-10.65	-4.41	-3.65
EBITDA Margin	-17.02%	-8.95%	-16.06%	-6.56%	-4.91%
D&A For EBITDA	0.5	0.5	1.67	2.91	2.79
EBIT	-14.18	-8.71	-12.32	-7.33	-6.45
EBIT Margin	-17.64%	-9.50%	-18.57%	-10.89%	-8.66%

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