Farsoon Technologies Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	717.99	714.41	490.41	604.62	454.18	332.21
Other Revenue	1.05	1.05	1.56	1.42	2.39	1.85
Revenue	719.05	715.47	491.97	606.04	456.57	334.06
Revenue Growth (YoY)	45.67%	45.43%	-18.82%	32.74%	36.68%	53.75%
Cost of Revenue	404.63	406.83	261.34	299.44	213.61	145.32
Gross Profit	314.42	308.63	230.62	306.6	242.96	188.74
Selling, General & Admin	133.24	125.94	104.4	105.57	88.45	71.12
Research & Development	137.82	129.07	86.8	79.67	54.89	39.03
Other Operating Expenses	2.92	2.82	-6.56	-1.32	-14.36	-51.63
Operating Expenses	278.89	262.72	192.46	193.81	141.05	63.18
Operating Income	35.53	45.91	38.16	112.79	101.91	125.56
Interest Expense	-0.07	-0.07	-0.85	-0.57	-0.32	-0.22
Interest & Investment Income	18.87	15.25	14.88	14.25	3.36	5.19
Currency Exchange Gain (Loss)	0.22	0.22	2.93	4.63	6.33	-2.77
Other Non Operating Income (Expenses)	-1.59	-0.77	-0.31	-1	0.17	-0.12
EBT Excluding Unusual Items	52.95	60.53	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	-0.21	0.25	1.04	0.39	0.39
Asset Writedown	-1.05	-0.97	-0.63	-0.04	-0.01	-0
Other Unusual Items	7.88	7.88	14.67	12.41	0.01	0.27
Pretax Income	59.63	67.3	66.39	143.51	111.55	127.94
Income Tax Expense	-4.22	-1.71	-0.82	12.35	12.39	10.54
Net Income	63.95	69.01	67.21	131.16	99.17	117.4
Net Income to Common	63.95	69.01	67.21	131.16	99.17	117.4
Net Income Growth	51.05%	2.68%	-48.76%	32.26%	-15.53%	186.60%
Shares Outstanding (Basic)	406	406	420	397	367	356
Shares Outstanding (Diluted)	406	406	420	397	367	356
Shares Change (YoY)	-3.46%	-3.36%	5.68%	8.22%	3.24%	-
EPS (Basic)	0.16	0.17	0.16	0.33	0.27	0.33
EPS (Diluted)	0.16	0.17	0.16	0.33	0.27	0.33
EPS Growth	56.46%	6.25%	-51.52%	22.22%	-18.18%	-
Free Cash Flow	-13.82	-20.1	-212.43	-167.11	-9.37	-104.92
Free Cash Flow Per Share	-0.03	-0.05	-0.51	-0.42	-0.03	-0.29
Dividend Per Share	0.051	0.051	0.049	0.096	-	-
Dividend Growth	4.08%	4.08%	-49.06%	-	-	-
Gross Margin	43.73%	43.14%	46.88%	50.59%	53.22%	56.50%
Operating Margin	4.94%	6.42%	7.76%	18.61%	22.32%	37.59%
Profit Margin	8.89%	9.64%	13.66%	21.64%	21.72%	35.14%
Free Cash Flow Margin	-1.92%	-2.81%	-43.18%	-27.57%	-2.05%	-31.41%
EBITDA	70.12	76.5	52.73	127.87	110.66	132.99
EBITDA Margin	9.75%	10.69%	10.72%	21.10%	24.24%	39.81%
D&A For EBITDA	34.59	30.59	14.57	15.08	8.75	7.44
EBIT	35.53	45.91	38.16	112.79	101.91	125.56
EBIT Margin	4.94%	6.42%	7.76%	18.61%	22.32%	37.59%
Effective Tax Rate	-	-	-	8.60%	11.11%	8.24%
Revenue as Reported	715.47	715.47	491.97	606.04	456.57	334.06
Advertising Expenses	-	8.09	10.5	9.91	4.79	3.32

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