Linkage Software Co., LTD (SHA:688588)

Linkage Software Co., LTD Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,096	1,111	694.94	654.35	652.66	629.92
Other Revenue	1.68	2.92	1.5	0.16	-	0.17
Revenue	1,098	1,114	696.43	654.51	652.66	630.09
Revenue Growth (YoY)	22.98%	59.99%	6.40%	0.28%	3.58%	5.61%
Cost of Revenue	752.75	745.33	436.97	386.12	353.33	329.8
Gross Profit	345.3	368.88	259.46	268.39	299.34	300.29
Selling, General & Admin	112.7	110.64	82.17	70.02	64.59	65.85
Research & Development	75.02	68.84	68.96	64.24	63.57	59.36
Other Operating Expenses	-0.55	2.83	1.94	2.01	1.66	2
Operating Expenses	188.63	184.67	154.04	136.92	130.22	128.14
Operating Income	156.67	184.22	105.42	131.48	169.11	172.16
Interest Expense	-7.89	-6.94	-0.67	-0.38	-0.32	-
Interest & Investment Income	4.1	26.36	0.77	7.9	31.88	47.47
Currency Exchange Gain (Loss)	32.34	-59.81	-20.25	-17.92	-58.09	-9.47
Other Non Operating Income (Expenses)	77.97	-0.38	-1.76	-0.11	-0.3	-0.49
EBT Excluding Unusual Items	263.19	143.45	83.51	120.97	142.29	209.66
Gain (Loss) on Sale of Investments	-4.53	3.43	4.03	22.97	22.91	1.1
Gain (Loss) on Sale of Assets	-1.11	-1.14	-0.01	-0.27	0.01	0.02
Other Unusual Items	5.07	8.09	5.84	12.11	4.41	11.82
Pretax Income	262.62	153.84	93.38	155.79	169.61	222.6
Income Tax Expense	36.51	29.62	6.93	15.08	23.66	21.87
Earnings From Continuing Operations	226.11	124.22	86.45	140.7	145.95	200.73
Minority Interest in Earnings	-0.01	0.07	0.07	0.49	0.04	0.02
Net Income	226.1	124.29	86.53	141.19	145.99	200.75
Net Income to Common	226.1	124.29	86.53	141.19	145.99	200.75
Net Income Growth	372.19%	43.65%	-38.72%	-3.29%	-27.27%	33.97%
Shares Outstanding (Basic)	414	390	397	400	400	387
Shares Outstanding (Diluted)	414	390	397	400	400	387
Shares Change (YoY)	13.84%	-1.88%	-0.63%	-0.00%	3.45%	7.40%
EPS (Basic)	0.55	0.32	0.22	0.35	0.36	0.52
EPS (Diluted)	0.55	0.32	0.22	0.35	0.36	0.52
EPS Growth	314.78%	46.39%	-38.33%	-3.29%	-29.70%	24.75%
Free Cash Flow	4.61	62.76	113.79	128.8	116.21	159.54
Free Cash Flow Per Share	0.01	0.16	0.29	0.32	0.29	0.41
Dividend Per Share	0.200	0.200	0.200	0.200	0.200	0.200
Gross Margin	31.45%	33.11%	37.26%	41.01%	45.86%	47.66%
Operating Margin	14.27%	16.53%	15.14%	20.09%	25.91%	27.32%
Profit Margin	20.59%	11.15%	12.42%	21.57%	22.37%	31.86%
Free Cash Flow Margin	0.42%	5.63%	16.34%	19.68%	17.81%	25.32%
EBITDA	167.44	193.26	114.96	140.54	178.74	182.79
EBITDA Margin	15.25%	17.34%	16.51%	21.47%	27.39%	29.01%
D&A For EBITDA	10.77	9.04	9.54	9.06	9.62	10.63
EBIT	156.67	184.22	105.42	131.48	169.11	172.16
EBIT Margin	14.27%	16.53%	15.14%	20.09%	25.91%	27.32%
Effective Tax Rate	13.90%	19.25%	7.42%	9.68%	13.95%	9.82%
Revenue as Reported	1,098	1,114	696.43	654.51	-	630.09

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