Focus Technology 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 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	1,920	1,661	1,519	1,463	1,454
Other Revenue	-	8.06	7.23	11.64	20.69
Revenue	1,920	1,669	1,527	1,475	1,475
Revenue Growth (YoY)	15.06%	9.32%	3.51%	0.00%	27.30%
Cost of Revenue	-	332.06	323.63	294.39	353.75
Gross Profit	1,920	1,337	1,203	1,180	1,121
Selling, General & Admin	-	763.66	722.33	713.49	719.58
Research & Development	-	151.59	152.35	177.56	176.49
Other Operating Expenses	1,360	12.43	11.14	10.78	11.12
Operating Expenses	1,360	926.67	885.87	906.46	909.11
Operating Income	560.21	410.09	317.07	274	211.99
Interest Expense	-	-1.29	-1.72	-2.04	-2.24
Interest & Investment Income	-	76.24	71.78	35.95	48.78
Currency Exchange Gain (Loss)	-	1.37	0.71	3.73	-0.34
Other Non Operating Income (Expenses)	-4.89	-2.36	-7.23	-4.8	-3.98
EBT Excluding Unusual Items	555.31	484.04	380.6	306.85	254.21
Gain (Loss) on Sale of Investments	-	1.36	0.05	5.73	6.7
Gain (Loss) on Sale of Assets	-	-0.19	0.07	-0.17	-0.1
Other Unusual Items	-	10.79	14.48	16.79	13.4
Pretax Income	555.31	495.99	395.2	329.2	274.21
Income Tax Expense	51.18	41.28	12.73	29.03	26.25
Earnings From Continuing Operations	504.13	454.71	382.47	300.18	247.96
Minority Interest in Earnings	-	-3.52	-3.6	0.22	-2.93
Net Income	504.13	451.19	378.86	300.4	245.03
Net Income to Common	504.13	451.19	378.86	300.4	245.03
Net Income Growth	11.73%	19.09%	26.12%	22.60%	41.33%
Shares Outstanding (Basic)	317	317	312	307	306
Shares Outstanding (Diluted)	317	317	313	307	306
Shares Change (YoY)	0.14%	1.33%	1.74%	0.34%	0.69%
EPS (Basic)	1.59	1.42	1.21	0.98	0.80
EPS (Diluted)	1.59	1.42	1.21	0.98	0.80
EPS Growth	11.58%	17.53%	23.97%	22.19%	40.35%
Free Cash Flow	-	685.68	565.72	439.89	430.82
Free Cash Flow Per Share	-	2.16	1.81	1.43	1.41
Dividend Per Share	-	1.100	1.000	0.900	0.800
Dividend Growth	-	10.00%	11.11%	12.50%	60.00%
Gross Margin	100.00%	80.10%	78.80%	80.04%	76.01%
Operating Margin	29.18%	24.57%	20.77%	18.58%	14.37%
Profit Margin	26.25%	27.04%	24.82%	20.37%	16.61%
Free Cash Flow Margin	-	41.09%	37.06%	29.83%	29.21%
EBITDA	613.37	463.25	373.77	335.7	274.66
EBITDA Margin	31.94%	27.76%	24.48%	22.76%	18.62%
D&A For EBITDA	53.16	53.16	56.71	61.69	62.67
EBIT	560.21	410.09	317.07	274	211.99
EBIT Margin	29.18%	24.57%	20.77%	18.58%	14.37%
Effective Tax Rate	9.22%	8.32%	3.22%	8.82%	9.57%
Revenue as Reported	-	1,669	1,527	1,475	1,475
Advertising Expenses	-	34.97	45.81	33.95	49.22

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