Arashi Vision 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 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Operating Revenue	9,858	5,530	3,592	2,010	837.19
Other Revenue	-	43.92	44.35	31.38	12.72
Revenue	9,858	5,574	3,636	2,041	849.92
Revenue Growth (YoY)	76.85%	53.29%	78.16%	140.16%	44.58%
Cost of Revenue	8,974	2,699	1,630	1,005	457.89
Gross Profit	883.78	2,875	2,006	1,036	392.03
Selling, General & Admin	-	1,079	642.75	375.99	145.6
Research & Development	-	776.59	447.68	256.01	97.46
Other Operating Expenses	-	29.07	15.57	16.2	0.6
Operating Expenses	-	1,895	1,110	649.63	245.24
Operating Income	883.78	980.12	896.02	386.27	146.78
Interest Expense	-	-1.29	-0.98	-2.26	-
Interest & Investment Income	-	60.47	36.42	18.26	11.66
Currency Exchange Gain (Loss)	-	28.32	-1.83	27.52	-14.78
Other Non Operating Income (Expenses)	-2.09	-35.53	-21.58	-16.02	-7.32
EBT Excluding Unusual Items	881.69	1,032	908.04	413.77	136.34
Gain (Loss) on Sale of Investments	-	1.72	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	0
Asset Writedown	-	-0.15	0.06	-0.04	-0.01
Legal Settlements	-	-0.45	-0.45	-	-0.5
Other Unusual Items	-	25.41	25.02	19.08	-3.95
Pretax Income	881.69	1,059	932.67	432.82	131.89
Income Tax Expense	-82.38	63.86	103.1	25.49	11.47
Net Income	964.07	994.75	829.58	407.33	120.42
Net Income to Common	964.07	994.75	829.58	407.33	120.42
Net Income Growth	-3.08%	19.91%	103.66%	238.26%	113.96%
Shares Outstanding (Basic)	381	360	-	-	365
Shares Outstanding (Diluted)	381	360	-	-	365
Shares Change (YoY)	5.85%	-	-	-	10.22%
EPS (Basic)	2.53	2.76	-	-	0.33
EPS (Diluted)	2.53	2.76	-	-	0.33
EPS Growth	-8.44%	-	-	-	94.12%
Free Cash Flow	-	1,022	645.07	397.89	2.68
Free Cash Flow Per Share	-	2.84	-	-	0.01
Gross Margin	8.96%	51.57%	55.17%	50.75%	46.13%
Operating Margin	8.96%	17.58%	24.64%	18.92%	17.27%
Profit Margin	9.78%	17.85%	22.81%	19.96%	14.17%
Free Cash Flow Margin	-	18.34%	17.74%	19.49%	0.32%
EBITDA	912.86	1,009	912.92	399.02	152.41
EBITDA Margin	9.26%	18.11%	25.11%	19.55%	17.93%
D&A For EBITDA	29.08	29.08	16.9	12.75	5.63
EBIT	883.78	980.12	896.02	386.27	146.78
EBIT Margin	8.96%	17.58%	24.64%	18.92%	17.27%
Effective Tax Rate	-	6.03%	11.05%	5.89%	8.70%
Revenue as Reported	-	5,574	3,636	2,041	849.92

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