Comefly Outdoor 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	Sep '25 Sep 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
Operating Revenue	1,041	1,303	1,455	1,422	921.52	641.9
Other Revenue	1.42	1.42	0.84	13.94	1.73	0.84
Revenue	1,043	1,304	1,456	1,436	923.26	642.74
Revenue Growth (YoY)	-24.50%	-10.42%	1.40%	55.52%	43.65%	21.41%
Cost of Revenue	753.56	953.86	1,056	1,038	706.48	489.23
Gross Profit	289.08	350.35	400.3	398.02	216.77	153.51
Selling, General & Admin	235.79	240.62	222.22	184.81	108.94	79.99
Research & Development	26.16	26.15	27.98	36.15	25.4	21.39
Other Operating Expenses	21.84	2.84	7.08	2.77	2.97	2.65
Operating Expenses	283.16	269.09	258.74	224.1	137.59	104.47
Operating Income	5.92	81.26	141.57	173.93	79.18	49.04
Interest Expense	-4.13	-6.13	-9.96	-11	-11.27	-5.71
Interest & Investment Income	4.36	3.59	2.99	4.32	23.65	11.07
Currency Exchange Gain (Loss)	4.76	4.76	2.43	6.84	-1.93	-6.03
Other Non Operating Income (Expenses)	-5.67	-1.4	-0.84	-0.24	-1.54	-1.95
EBT Excluding Unusual Items	5.26	82.09	136.18	173.84	88.09	46.42
Gain (Loss) on Sale of Investments	-8.28	-9.12	-4.81	-8.37	1.69	8.2
Gain (Loss) on Sale of Assets	0.72	-0	-0.02	0.12	-0.18	0.05
Asset Writedown	3.91	-	-	-	-	-
Other Unusual Items	32.73	32.73	5.71	10.15	3.79	3.9
Pretax Income	34.34	105.69	137.07	175.75	93.39	58.57
Income Tax Expense	6.36	21.93	30.27	35.12	14.77	12.6
Net Income	27.98	83.76	106.8	140.62	78.61	45.97
Net Income to Common	27.98	83.76	106.8	140.62	78.61	45.97
Net Income Growth	-68.63%	-21.57%	-24.05%	78.88%	70.99%	12.72%
Shares Outstanding (Basic)	93	93	93	93	93	93
Shares Outstanding (Diluted)	93	93	93	93	93	93
Shares Change (YoY)	-0.26%	0.22%	-0.47%	0.04%	-0.01%	-0.36%
EPS (Basic)	0.30	0.90	1.15	1.51	0.84	0.49
EPS (Diluted)	0.30	0.90	1.15	1.51	0.84	0.49
EPS Growth	-68.55%	-21.74%	-23.70%	78.80%	71.01%	13.13%
Free Cash Flow	19.59	49.44	203.88	-49.61	-68.86	9.87
Free Cash Flow Per Share	0.21	0.53	2.19	-0.53	-0.74	0.11
Dividend Per Share	0.650	0.650	0.857	0.857	0.643	0.536
Dividend Growth	-24.16%	-24.16%	-	33.32%	20.01%	-
Gross Margin	27.73%	26.86%	27.50%	27.72%	23.48%	23.88%
Operating Margin	0.57%	6.23%	9.72%	12.11%	8.58%	7.63%
Profit Margin	2.68%	6.42%	7.34%	9.79%	8.52%	7.15%
Free Cash Flow Margin	1.88%	3.79%	14.00%	-3.45%	-7.46%	1.54%
EBITDA	23.16	95.58	151.99	182.28	85.66	54.81
EBITDA Margin	2.22%	7.33%	10.44%	12.70%	9.28%	8.53%
D&A For EBITDA	17.24	14.32	10.43	8.36	6.48	5.77
EBIT	5.92	81.26	141.57	173.93	79.18	49.04
EBIT Margin	0.57%	6.23%	9.72%	12.11%	8.58%	7.63%
Effective Tax Rate	18.51%	20.75%	22.08%	19.98%	15.82%	21.51%
Revenue as Reported	1,043	1,304	1,456	1,436	923.26	642.74
Advertising Expenses	-	-	-	-	4.43	4.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.