Farsoon Technologies 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	715.47	490.41	604.62	454.18	332.21
Other Revenue	-	1.56	1.42	2.39	1.85
Revenue	715.47	491.97	606.04	456.57	334.06
Revenue Growth (YoY)	45.43%	-18.82%	32.74%	36.68%	53.75%
Cost of Revenue	404.41	261.34	299.44	213.61	145.32
Gross Profit	311.06	230.62	306.6	242.96	188.74
Selling, General & Admin	125.94	104.4	105.57	88.45	71.12
Research & Development	129.07	86.8	79.67	54.89	39.03
Other Operating Expenses	-3.64	-6.56	-1.32	-14.36	-51.63
Operating Expenses	251.37	193.03	193.81	141.05	63.18
Operating Income	59.69	37.6	112.79	101.91	125.56
Interest Expense	-	-0.85	-0.57	-0.32	-0.22
Interest & Investment Income	3.05	14.88	14.25	3.36	5.19
Currency Exchange Gain (Loss)	-	2.93	4.63	6.33	-2.77
Other Non Operating Income (Expenses)	7.77	0.26	-1	0.17	-0.12
EBT Excluding Unusual Items	70.52	54.82	130.1	111.44	127.63
Gain (Loss) on Sale of Investments	-	-2.72	-	-0.27	-0.35
Gain (Loss) on Sale of Assets	-0.21	-0.33	1.04	0.39	0.39
Asset Writedown	-3.01	-0.04	-0.04	-0.01	-0
Other Unusual Items	-	14.67	12.41	0.01	0.27
Pretax Income	67.3	66.39	143.51	111.55	127.94
Income Tax Expense	-1.71	-0.82	12.35	12.39	10.54
Net Income	69.01	67.21	131.16	99.17	117.4
Net Income to Common	69.01	67.21	131.16	99.17	117.4
Net Income Growth	2.68%	-48.76%	32.26%	-15.53%	186.60%
Shares Outstanding (Basic)	406	420	397	367	356
Shares Outstanding (Diluted)	406	420	397	367	356
Shares Change (YoY)	-3.36%	5.68%	8.22%	3.24%	-
EPS (Basic)	0.17	0.16	0.33	0.27	0.33
EPS (Diluted)	0.17	0.16	0.33	0.27	0.33
EPS Growth	6.25%	-51.52%	22.22%	-18.18%	-
Free Cash Flow	-20.1	-212.43	-167.11	-9.37	-104.92
Free Cash Flow Per Share	-0.05	-0.51	-0.42	-0.03	-0.29
Dividend Per Share	-	0.049	0.096	-	-
Dividend Growth	-	-49.06%	-	-	-
Gross Margin	43.48%	46.88%	50.59%	53.22%	56.50%
Operating Margin	8.34%	7.64%	18.61%	22.32%	37.59%
Profit Margin	9.64%	13.66%	21.64%	21.72%	35.14%
Free Cash Flow Margin	-2.81%	-43.18%	-27.57%	-2.05%	-31.41%
EBITDA	91.59	51.72	127.87	110.66	132.99
EBITDA Margin	12.80%	10.51%	21.10%	24.24%	39.81%
D&A For EBITDA	31.9	14.13	15.08	8.75	7.44
EBIT	59.69	37.6	112.79	101.91	125.56
EBIT Margin	8.34%	7.64%	18.61%	22.32%	37.59%
Effective Tax Rate	-	-	8.60%	11.11%	8.24%
Revenue as Reported	-	491.97	606.04	456.57	334.06
Advertising Expenses	-	10.5	9.91	4.79	3.32

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