Doright 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	459.63	498.74	302.8	317.18	287.6	246.02
Other Revenue	10.29	10.29	7.19	6.35	6.95	4.51
Revenue	469.92	509.03	309.99	323.53	294.55	250.53
Revenue Growth (YoY)	-6.42%	64.21%	-4.18%	9.84%	17.57%	-5.11%
Cost of Revenue	289.37	315.31	199.11	198.36	204.07	145.97
Gross Profit	180.56	193.72	110.88	125.17	90.48	104.56
Selling, General & Admin	64.48	53.52	50.53	40.91	34.04	24.85
Research & Development	24.58	20.95	18.85	15.96	13.19	10.82
Other Operating Expenses	0.55	5.65	2.76	4.57	-8.78	2.68
Operating Expenses	112.05	99.75	76.62	68.99	40.24	38.86
Operating Income	68.51	93.97	34.25	56.17	50.24	65.7
Interest Expense	-1.14	-0.39	-0.59	-0.69	-0.19	-0.22
Interest & Investment Income	9.7	9.92	8.38	4.7	3.84	2.47
Currency Exchange Gain (Loss)	5.17	5.17	1.47	8.74	-2.15	-1.76
Other Non Operating Income (Expenses)	-3.54	-0.55	-0.31	-0.34	-0.25	-0.34
EBT Excluding Unusual Items	78.7	108.12	43.21	68.59	51.49	65.85
Gain (Loss) on Sale of Investments	-	-	0.24	0.95	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	0	0.14	0.15	0.07
Asset Writedown	-0.11	-	-0.66	-	-	-
Other Unusual Items	2.82	2.9	1.88	5.58	-2.68	5.76
Pretax Income	81.41	111.03	44.67	75.26	48.96	71.68
Income Tax Expense	10.6	14.32	6.01	9.69	6.06	10.16
Earnings From Continuing Operations	70.8	96.72	38.66	65.58	42.9	61.52
Net Income	70.8	96.72	38.66	65.58	42.9	61.52
Net Income to Common	70.8	96.72	38.66	65.58	42.9	61.52
Net Income Growth	-28.55%	150.15%	-41.04%	52.85%	-30.27%	-0.73%
Shares Outstanding (Basic)	153	151	149	149	148	113
Shares Outstanding (Diluted)	153	151	149	149	148	113
Shares Change (YoY)	2.95%	1.63%	-0.22%	0.74%	31.46%	0.47%
EPS (Basic)	0.46	0.64	0.26	0.44	0.29	0.55
EPS (Diluted)	0.46	0.64	0.26	0.44	0.29	0.55
EPS Growth	-30.60%	146.15%	-40.91%	51.72%	-46.95%	-1.19%
Free Cash Flow	68.92	-78.95	-47.21	48.34	28.04	81.47
Free Cash Flow Per Share	0.45	-0.52	-0.32	0.32	0.19	0.72
Dividend Per Share	0.200	0.200	0.150	0.100	0.067	0.067
Dividend Growth	33.33%	33.33%	50.00%	49.93%	-	-83.33%
Gross Margin	38.42%	38.06%	35.77%	38.69%	30.72%	41.74%
Operating Margin	14.58%	18.46%	11.05%	17.36%	17.06%	26.22%
Profit Margin	15.07%	19.00%	12.47%	20.27%	14.57%	24.56%
Free Cash Flow Margin	14.67%	-15.51%	-15.23%	14.94%	9.52%	32.52%
EBITDA	85.54	109.24	47.18	67.72	61.57	77.23
EBITDA Margin	18.20%	21.46%	15.22%	20.93%	20.90%	30.83%
D&A For EBITDA	17.02	15.27	12.93	11.55	11.33	11.53
EBIT	68.51	93.97	34.25	56.17	50.24	65.7
EBIT Margin	14.58%	18.46%	11.05%	17.36%	17.06%	26.22%
Effective Tax Rate	13.03%	12.89%	13.45%	12.87%	12.37%	14.17%
Revenue as Reported	469.92	509.03	309.99	323.53	294.55	250.53
Advertising Expenses	-	0.42	0.12	0.15	0.76	0.25

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.