Focus 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	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,983	1,914	1,661	1,519	1,463	1,454
Other Revenue	6.99	7.52	8.06	7.23	11.64	20.69
Revenue	1,990	1,921	1,669	1,527	1,475	1,475
Revenue Growth (YoY)	15.21%	15.12%	9.32%	3.51%	0.00%	27.30%
Cost of Revenue	425.11	396.4	332.06	323.63	294.39	353.75
Gross Profit	1,565	1,525	1,337	1,203	1,180	1,121
Selling, General & Admin	897.64	855.96	763.66	722.33	713.49	719.58
Research & Development	202.7	181.14	151.59	152.35	177.56	176.49
Other Operating Expenses	15.31	14.31	12.43	11.14	10.78	11.12
Operating Expenses	1,115	1,051	926.67	885.87	906.46	909.11
Operating Income	450.45	474.19	410.09	317.07	274	211.99
Interest Expense	-0.75	-0.75	-1.29	-1.72	-2.04	-2.24
Interest & Investment Income	76	76	76.24	71.78	35.95	48.78
Currency Exchange Gain (Loss)	-3.05	-3.05	1.37	0.71	3.73	-0.34
Other Non Operating Income (Expenses)	-2.17	-2.67	-3.89	-7.23	-4.8	-3.98
EBT Excluding Unusual Items	522.31	543.72	482.5	380.6	306.85	254.21
Gain (Loss) on Sale of Investments	1.96	3.24	1.36	0.05	5.73	6.7
Gain (Loss) on Sale of Assets	0.35	0.33	-0.19	0.07	-0.17	-0.1
Other Unusual Items	5.99	5.99	12.32	14.48	16.79	13.4
Pretax Income	530.61	553.29	495.99	395.2	329.2	274.21
Income Tax Expense	48.71	48.43	41.28	12.73	29.03	26.25
Earnings From Continuing Operations	481.9	504.85	454.71	382.47	300.18	247.96
Minority Interest in Earnings	7.64	-1.28	-3.52	-3.6	0.22	-2.93
Net Income	489.54	503.58	451.19	378.86	300.4	245.03
Net Income to Common	489.54	503.58	451.19	378.86	300.4	245.03
Net Income Growth	0.64%	11.61%	19.09%	26.12%	22.60%	41.33%
Shares Outstanding (Basic)	412	412	412	406	400	398
Shares Outstanding (Diluted)	417	415	412	406	400	398
Shares Change (YoY)	7.30%	0.84%	1.34%	1.73%	0.34%	0.70%
EPS (Basic)	1.19	1.22	1.10	0.93	0.75	0.62
EPS (Diluted)	1.17	1.21	1.10	0.93	0.75	0.62
EPS Growth	-6.21%	10.68%	17.52%	23.98%	22.18%	40.34%
Free Cash Flow	791.8	871.09	685.68	565.72	439.89	430.82
Free Cash Flow Per Share	1.90	2.10	1.67	1.39	1.10	1.08
Dividend Per Share	1.000	1.000	0.846	0.769	0.692	0.615
Dividend Growth	18.18%	18.18%	10.01%	11.11%	12.50%	60.01%
Gross Margin	78.64%	79.37%	80.10%	78.80%	80.04%	76.01%
Operating Margin	22.63%	24.68%	24.57%	20.77%	18.58%	14.37%
Profit Margin	24.60%	26.21%	27.04%	24.82%	20.37%	16.61%
Free Cash Flow Margin	39.78%	45.34%	41.09%	37.06%	29.83%	29.21%
EBITDA	492.15	518.47	464.64	373.77	335.7	274.66
EBITDA Margin	24.73%	26.99%	27.84%	24.48%	22.76%	18.62%
D&A For EBITDA	41.7	44.27	54.55	56.71	61.69	62.67
EBIT	450.45	474.19	410.09	317.07	274	211.99
EBIT Margin	22.63%	24.68%	24.57%	20.77%	18.58%	14.37%
Effective Tax Rate	9.18%	8.75%	8.32%	3.22%	8.82%	9.57%
Revenue as Reported	1,921	1,921	1,669	1,527	1,475	1,475
Advertising Expenses	-	36.48	34.97	45.81	33.95	49.22

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