IReader Technology Co., Ltd. (SHA:603533)

IReader Technology Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,583	2,778	2,582	2,071	2,061
Revenue Growth (YoY)	-7.02%	7.59%	24.71%	0.49%	9.47%
Cost of Revenue	687.99	700.05	694.58	983.56	1,114
Gross Profit	1,895	2,078	1,888	1,087	946.75
Selling, General & Admin	1,651	1,838	1,671	789.61	558.53
Research & Development	203.18	229.61	218.8	170.14	146.89
Other Operating Expenses	2.8	21.64	14.54	-0.22	-1.07
Operating Expenses	1,858	2,087	1,907	958.66	707.57
Operating Income	37.5	-8.3	-19.17	128.56	239.17
Interest Expense	-0.42	-0.45	-0.25	-0.56	-
Interest & Investment Income	27.22	35.44	43.54	63.82	64.47
Earnings From Equity Investments	18.71	12.53	20.26	-	-
Currency Exchange Gain (Loss)	-1.92	-8.15	14.9	-6.48	-12.48
Other Non Operating Income (Expenses)	4.63	-0.72	-0.77	-0.52	-1.21
EBT Excluding Unusual Items	85.72	30.36	58.53	184.81	289.94
Impairment of Goodwill	-12.06	-5.48	-	-11.56	-
Gain (Loss) on Sale of Investments	7.3	15.5	-	-	-
Gain (Loss) on Sale of Assets	0.3	1.73	-0.12	-0.02	-
Asset Writedown	-7.96	-	-	0	-0.02
Other Unusual Items	3.29	9.83	11.74	-1.02	9.94
Pretax Income	76.58	51.94	70.15	172.22	299.87
Income Tax Expense	20.3	14.17	12.44	19.87	47.12
Earnings From Continuing Operations	56.29	37.76	57.71	152.34	252.74
Minority Interest in Earnings	-7	-2.92	-0.14	-1.74	11.41
Net Income	49.29	34.84	57.58	150.6	264.15
Net Income to Common	49.29	34.84	57.58	150.6	264.15
Net Income Growth	41.46%	-39.48%	-61.77%	-42.99%	64.07%
Shares Outstanding (Basic)	448	436	443	430	400
Shares Outstanding (Diluted)	448	436	443	430	400
Shares Change (YoY)	2.88%	-1.66%	2.93%	7.51%	-0.57%
EPS (Basic)	0.11	0.08	0.13	0.35	0.66
EPS (Diluted)	0.11	0.08	0.13	0.35	0.66
EPS Growth	37.50%	-38.46%	-62.86%	-46.97%	65.00%
Free Cash Flow	-150.24	172.43	-10.48	26.22	296.13
Free Cash Flow Per Share	-0.34	0.40	-0.02	0.06	0.74
Dividend Per Share	0.100	0.030	0.150	0.040	0.100
Dividend Growth	233.33%	-80.00%	275.00%	-60.00%	-33.33%
Gross Margin	73.37%	74.80%	73.10%	52.50%	45.94%
Operating Margin	1.45%	-0.30%	-0.74%	6.21%	11.61%
Profit Margin	1.91%	1.25%	2.23%	7.27%	12.82%
Free Cash Flow Margin	-5.82%	6.21%	-0.41%	1.27%	14.37%
EBITDA	125.61	103.32	132.7	210.06	273.26
EBITDA Margin	4.86%	3.72%	5.14%	10.14%	13.26%
D&A For EBITDA	88.11	111.62	151.87	81.51	34.09
EBIT	37.5	-8.3	-19.17	128.56	239.17
EBIT Margin	1.45%	-0.30%	-0.74%	6.21%	11.61%
Effective Tax Rate	26.50%	27.29%	17.73%	11.54%	15.72%
Revenue as Reported	2,583	2,778	2,582	2,071	2,061
Advertising Expenses	1,409	1,618	1,454	602.23	419.62

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.