Skyverse Technology 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
Operating Revenue	2,053	1,346	876.02	502.13	359.2
Other Revenue	-	34.78	14.88	7.11	1.36
Revenue	2,053	1,380	890.9	509.24	360.55
Revenue Growth (YoY)	48.75%	54.94%	74.95%	41.24%	51.76%
Cost of Revenue	-	748.17	484.51	274.98	193.31
Gross Profit	2,053	632.2	406.39	234.26	167.25
Selling, General & Admin	-	268.4	146.72	113.83	71.37
Research & Development	-	497.97	228.25	205.75	95.04
Other Operating Expenses	2,009	-27.12	3.45	0.87	0.67
Operating Expenses	2,009	748.32	381.72	322.28	166.9
Operating Income	44.31	-116.12	24.67	-88.02	0.34
Interest Expense	-	-5.69	-5.4	-7.89	-2.51
Interest & Investment Income	-	27.44	18.47	3.56	3.58
Currency Exchange Gain (Loss)	-	-0.48	3.49	5.73	4.38
Other Non Operating Income (Expenses)	0.06	-1.82	-1.24	-0.42	-0.65
EBT Excluding Unusual Items	44.37	-96.67	39.98	-87.04	5.14
Gain (Loss) on Sale of Investments	-	-	3.45	-0.09	0.09
Gain (Loss) on Sale of Assets	-	-0.01	0.29	0.27	-
Asset Writedown	-	-2.01	-0.49	-1.22	-0.11
Other Unusual Items	-	92.21	97.58	99.97	48.3
Pretax Income	44.37	-6.47	140.82	11.89	53.43
Income Tax Expense	-13.34	5.05	0.47	-0.08	-
Net Income	57.71	-11.53	140.34	11.97	53.43
Net Income to Common	57.71	-11.53	140.34	11.97	53.43
Net Income Growth	-	-	1072.38%	-77.59%	34.97%
Shares Outstanding (Basic)	321	288	286	239	243
Shares Outstanding (Diluted)	321	288	286	239	243
Shares Change (YoY)	11.28%	0.60%	19.63%	-1.41%	108.58%
EPS (Basic)	0.18	-0.04	0.49	0.05	0.22
EPS (Diluted)	0.18	-0.04	0.49	0.05	0.22
EPS Growth	-	-	880.00%	-77.27%	-35.29%
Free Cash Flow	-	-578.23	-200.09	-49.97	-161.04
Free Cash Flow Per Share	-	-2.01	-0.70	-0.21	-0.66
Dividend Per Share	-	-	0.140	-	-
Gross Margin	100.00%	45.80%	45.62%	46.00%	46.39%
Operating Margin	2.16%	-8.41%	2.77%	-17.29%	0.10%
Profit Margin	2.81%	-0.83%	15.75%	2.35%	14.82%
Free Cash Flow Margin	-	-41.89%	-22.46%	-9.81%	-44.66%
EBITDA	63.07	-97.35	39.06	-81.96	3.21
EBITDA Margin	3.07%	-7.05%	4.38%	-16.10%	0.89%
D&A For EBITDA	18.77	18.77	14.39	6.06	2.87
EBIT	44.31	-116.12	24.67	-88.02	0.34
EBIT Margin	2.16%	-8.41%	2.77%	-17.29%	0.10%
Effective Tax Rate	-	-	0.34%	-	-
Revenue as Reported	-	1,380	890.9	509.24	360.55
Advertising Expenses	-	-	-	-	0.11

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.