Shanghai Iluvatar CoreX Semiconductor Co., Ltd. (HKG:9903)

HKG:9903 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	666.34	539.51	289.04	189.37
Revenue Growth (YoY)	251.87%	86.66%	52.63%	-
Cost of Revenue	327.82	274.43	145.89	76.96
Gross Profit	338.52	265.08	143.15	112.41
Selling, General & Admin	547.91	379.65	330.28	214.76
Research & Development	890.56	772.78	615.88	456.62
Operating Expenses	1,463	1,184	968.36	690.41
Operating Income	-1,124	-919.2	-825.21	-578
Interest Expense	-20.14	-17.38	-11.01	-6.5
Interest & Investment Income	7.18	4.13	3.75	4.01
Currency Exchange Gain (Loss)	-	-	-	14.06
Other Non Operating Income (Expenses)	38.91	39.18	14.34	11.7
EBT Excluding Unusual Items	-1,098	-893.28	-818.12	-554.73
Gain (Loss) on Sale of Investments	0.45	0.84	0.7	1.11
Pretax Income	-1,098	-892.43	-817.42	-553.62
Earnings From Continuing Operations	-1,098	-892.43	-817.42	-553.62
Minority Interest in Earnings	-	-	26.12	29.78
Net Income	-1,098	-892.43	-791.31	-523.84
Net Income to Common	-1,098	-892.43	-791.31	-523.84
Shares Outstanding (Basic)	170	164	146	131
Shares Outstanding (Diluted)	170	164	146	131
Shares Change (YoY)	29.62%	12.32%	11.11%	-
EPS (Basic)	-6.45	-5.45	-5.43	-3.99
EPS (Diluted)	-6.46	-5.45	-5.43	-3.99
Free Cash Flow	-853.66	-702.82	-777.71	-736.02
Free Cash Flow Per Share	-5.02	-4.29	-5.33	-5.61
Gross Margin	50.80%	49.13%	49.53%	59.36%
Operating Margin	-168.71%	-170.38%	-285.50%	-305.22%
Profit Margin	-164.74%	-165.41%	-273.77%	-276.62%
Free Cash Flow Margin	-128.11%	-130.27%	-269.06%	-388.67%
EBITDA	-1,019	-810.59	-745.38	-512.14
EBITDA Margin	-152.96%	-150.25%	-257.88%	-270.45%
D&A For EBITDA	104.92	108.6	79.83	65.85
EBIT	-1,124	-919.2	-825.21	-578
EBIT Margin	-168.71%	-170.38%	-285.50%	-

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