Moso Power Supply Technology Co.,Ltd (SHE:002660)

Stronghold Digital Mining Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,327	1,288	1,317	1,534	1,620	1,229
Other Revenue	7.13	7.13	12.1	8.85	5.68	6.26
Revenue	1,334	1,295	1,329	1,543	1,626	1,235
Revenue Growth (YoY)	5.68%	-2.53%	-13.90%	-5.08%	31.66%	-1.03%
Cost of Revenue	1,042	991.8	991.12	1,218	1,358	979.84
Gross Profit	291.91	303.22	337.55	325.13	268.01	255.11
Selling, General & Admin	174.36	172.44	182.87	180.08	125.76	110.46
Research & Development	99.31	99.84	91.69	78.37	62.48	52.58
Other Operating Expenses	1.89	1.22	6.4	4.88	7.75	6.33
Operating Expenses	276.69	274.34	276.68	261.85	196.5	172.43
Operating Income	15.22	28.88	60.88	63.28	71.51	82.68
Interest Expense	-2.41	-2.4	-1.58	-9.95	-10.84	-24.01
Interest & Investment Income	10.08	10.14	12.65	8.14	12.58	11.79
Currency Exchange Gain (Loss)	6.11	6.11	5.92	28.86	-5.93	-18.54
Other Non Operating Income (Expenses)	-1.14	-1.59	-0.38	0.8	4.13	-1.39
EBT Excluding Unusual Items	27.86	41.14	77.49	91.12	71.46	50.53
Gain (Loss) on Sale of Investments	3.15	1.45	-5.84	-12.62	0.11	-
Gain (Loss) on Sale of Assets	4.11	4.19	0.22	1.25	-0.23	2.06
Asset Writedown	-2.2	-0.11	-5.97	-2.73	-0.43	-2.92
Other Unusual Items	2.28	2.72	8.6	9.36	8.03	13.49
Pretax Income	35.2	49.37	74.5	86.38	78.94	63.19
Income Tax Expense	-9.58	-6.99	6.42	0.2	11.19	0.24
Earnings From Continuing Operations	44.78	56.37	68.08	86.17	67.75	62.95
Minority Interest in Earnings	11.35	11.12	8.49	-1.24	-1.22	-0.08
Net Income	56.13	67.48	76.57	84.93	66.53	62.87
Net Income to Common	56.13	67.48	76.57	84.93	66.53	62.87
Net Income Growth	-19.81%	-11.86%	-9.85%	27.67%	5.82%	-5.50%
Shares Outstanding (Basic)	354	355	365	315	277	273
Shares Outstanding (Diluted)	354	355	365	315	277	273
Shares Change (YoY)	-2.93%	-2.58%	15.90%	13.48%	1.41%	-1.39%
EPS (Basic)	0.16	0.19	0.21	0.27	0.24	0.23
EPS (Diluted)	0.16	0.19	0.21	0.27	0.24	0.23
EPS Growth	-17.39%	-9.52%	-22.22%	12.50%	4.35%	-4.17%
Free Cash Flow	25.27	18.66	-151.43	151.03	-11.86	32.72
Free Cash Flow Per Share	0.07	0.05	-0.41	0.48	-0.04	0.12
Dividend Per Share	0.100	0.100	0.100	0.100	-	-
Gross Margin	21.89%	23.41%	25.41%	21.07%	16.48%	20.66%
Operating Margin	1.14%	2.23%	4.58%	4.10%	4.40%	6.69%
Profit Margin	4.21%	5.21%	5.76%	5.50%	4.09%	5.09%
Free Cash Flow Margin	1.90%	1.44%	-11.40%	9.79%	-0.73%	2.65%
EBITDA	44.79	58.41	90.24	96.85	103.24	114.07
EBITDA Margin	3.36%	4.51%	6.79%	6.28%	6.35%	9.24%
D&A For EBITDA	29.57	29.53	29.36	33.57	31.73	31.38
EBIT	15.22	28.88	60.88	63.28	71.51	82.68
EBIT Margin	1.14%	2.23%	4.58%	4.10%	4.40%	6.69%
Effective Tax Rate	-	-	8.62%	0.24%	14.18%	0.37%
Revenue as Reported	1,334	1,295	1,329	1,543	1,626	1,235
Advertising Expenses	-	6.38	5.26	1.74	1.63	2.36

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