Moore Threads Technology 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
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
Operating Revenue	1,935	1,487	432.32	121.47	45.84
Other Revenue	18.97	18.97	6.14	2.51	0.25
Revenue	1,954	1,506	438.46	123.98	46.09
Revenue Growth (YoY)	1476.25%	243.37%	253.65%	169.01%	-
Cost of Revenue	811.54	635.32	168.56	91.91	78.39
Gross Profit	1,143	870.2	269.9	32.07	-32.3
Selling, General & Admin	660.73	617.53	544.75	323.81	685.88
Research & Development	1,428	1,305	1,359	1,334	1,116
Other Operating Expenses	-61.41	-2.48	-24.27	0.34	1.78
Operating Expenses	2,035	1,928	1,879	1,705	1,804
Operating Income	-892.61	-1,058	-1,610	-1,672	-1,836
Interest Expense	-61.72	-54.32	-31	-10.49	-2.18
Interest & Investment Income	75.33	66	11.25	25.46	28.9
Currency Exchange Gain (Loss)	-0.14	-0.14	-0.84	-1.94	-6.08
Other Non Operating Income (Expenses)	11.69	11.87	-1.1	-0.59	-0.13
EBT Excluding Unusual Items	-867.45	-1,034	-1,631	-1,660	-1,816
Gain (Loss) on Sale of Investments	-5.44	1.06	0.58	11.02	15.28
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.62	-0.01	-
Asset Writedown	-20.7	-3.62	-	-54.89	-38.56
Other Unusual Items	29.44	29.2	12.67	30.35	-0.13
Pretax Income	-864.15	-1,008	-1,619	-1,674	-1,839
Income Tax Expense	-5.21	-6.73	-0.31	-0.24	0.17
Net Income	-858.94	-1,001	-1,618	-1,673	-1,840
Net Income to Common	-858.94	-1,001	-1,618	-1,673	-1,840
Shares Outstanding (Basic)	427	405	324	-	-
Shares Outstanding (Diluted)	427	405	324	-	-
Shares Change (YoY)	-	24.94%	-	-	-
EPS (Basic)	-2.01	-2.47	-4.99	-	-
EPS (Diluted)	-2.01	-2.47	-4.99	-	-
Free Cash Flow	-5,037	-3,594	-2,046	-1,194	-1,601
Free Cash Flow Per Share	-11.79	-8.87	-6.31	-	-
Gross Margin	58.47%	57.80%	61.56%	25.86%	-70.08%
Operating Margin	-45.67%	-70.24%	-367.09%	-1348.95%	-3984.69%
Profit Margin	-43.95%	-66.47%	-369.09%	-1349.64%	-3991.36%
Free Cash Flow Margin	-257.75%	-238.69%	-466.71%	-962.73%	-3473.97%
EBITDA	-824.28	-975.52	-1,473	-1,504	-1,678
EBITDA Margin	-42.18%	-64.80%	-	-	-
D&A For EBITDA	68.33	82.03	136.83	168.7	158.65
EBIT	-892.61	-1,058	-1,610	-1,672	-1,836
EBIT Margin	-45.67%	-70.24%	-	-	-
Revenue as Reported	1,954	1,506	438.46	-	-
Advertising Expenses	-	34.27	12.95	6.56	6.45

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