Focus Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,857	1,661	1,519	1,463	1,454	1,130
Other Revenue	7.91	8.06	7.23	11.64	20.69	28.82
Revenue	1,865	1,669	1,527	1,475	1,475	1,159
Revenue Growth (YoY)	15.56%	9.32%	3.51%	0.00%	27.30%	14.73%
Cost of Revenue	379.04	332.06	323.63	294.39	353.75	273.53
Gross Profit	1,486	1,337	1,203	1,180	1,121	885.03
Selling, General & Admin	837.21	763.66	722.33	713.49	719.58	591.61
Research & Development	171.64	151.59	152.35	177.56	176.49	135.78
Other Operating Expenses	19.73	12.43	11.14	10.78	11.12	6.09
Operating Expenses	1,025	926.67	885.87	906.46	909.11	733.05
Operating Income	461.59	410.09	317.07	274	211.99	151.98
Interest Expense	-0.86	-1.29	-1.72	-2.04	-2.24	-1.84
Interest & Investment Income	76.82	76.24	71.78	35.95	48.78	25.27
Currency Exchange Gain (Loss)	1.37	1.37	0.71	3.73	-0.34	-1.59
Other Non Operating Income (Expenses)	0.07	-2.36	-7.23	-4.8	-3.98	-3.04
EBT Excluding Unusual Items	538.98	484.04	380.6	306.85	254.21	170.78
Gain (Loss) on Sale of Investments	2.57	1.36	0.05	5.73	6.7	-7.85
Gain (Loss) on Sale of Assets	0.28	-0.19	0.07	-0.17	-0.1	0.01
Other Unusual Items	17.14	10.79	14.48	16.79	13.4	28.95
Pretax Income	558.98	495.99	395.2	329.2	274.21	191.89
Income Tax Expense	40.31	41.28	12.73	29.03	26.25	20.83
Earnings From Continuing Operations	518.67	454.71	382.47	300.18	247.96	171.06
Minority Interest in Earnings	-8.88	-3.52	-3.6	0.22	-2.93	2.31
Net Income	509.79	451.19	378.86	300.4	245.03	173.38
Net Income to Common	509.79	451.19	378.86	300.4	245.03	173.38
Net Income Growth	16.15%	19.09%	26.12%	22.60%	41.33%	14.88%
Shares Outstanding (Basic)	317	317	312	307	306	304
Shares Outstanding (Diluted)	317	317	313	307	306	304
Shares Change (YoY)	0.25%	1.33%	1.74%	0.34%	0.69%	-1.24%
EPS (Basic)	1.61	1.42	1.21	0.98	0.80	0.57
EPS (Diluted)	1.61	1.42	1.21	0.98	0.80	0.57
EPS Growth	15.86%	17.53%	23.97%	22.19%	40.35%	16.33%
Free Cash Flow	827.84	685.68	565.72	439.89	430.82	418.07
Free Cash Flow Per Share	2.61	2.16	1.81	1.43	1.41	1.37
Dividend Per Share	1.150	1.100	1.000	0.900	0.800	0.500
Dividend Growth	-25.81%	10.00%	11.11%	12.50%	60.00%	-13.33%
Gross Margin	79.68%	80.10%	78.80%	80.04%	76.01%	76.39%
Operating Margin	24.75%	24.57%	20.77%	18.58%	14.37%	13.12%
Profit Margin	27.33%	27.04%	24.82%	20.37%	16.61%	14.96%
Free Cash Flow Margin	44.39%	41.09%	37.06%	29.83%	29.21%	36.09%
EBITDA	512.09	463.25	373.77	335.7	274.66	193.64
EBITDA Margin	27.46%	27.76%	24.48%	22.76%	18.62%	16.71%
D&A For EBITDA	50.5	53.16	56.71	61.69	62.67	41.66
EBIT	461.59	410.09	317.07	274	211.99	151.98
EBIT Margin	24.75%	24.57%	20.77%	18.58%	14.37%	13.12%
Effective Tax Rate	7.21%	8.32%	3.22%	8.82%	9.57%	10.85%
Revenue as Reported	1,865	1,669	1,527	1,475	1,475	1,159
Advertising Expenses	-	34.97	45.81	33.95	49.22	20.58

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