Matrix Design 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	736.59	528.82	529.17	794.35	886.26
Other Revenue	-	1.06	0.11	0.14	0.09
Revenue	736.59	529.88	529.28	794.49	886.35
Revenue Growth (YoY)	39.01%	0.11%	-33.38%	-10.36%	44.78%
Cost of Revenue	477.33	350.41	316.46	460.4	449.1
Gross Profit	259.26	179.47	212.81	334.09	437.25
Selling, General & Admin	159.67	105.1	97.65	78.34	91.61
Research & Development	39.74	29.8	27.58	28.99	30.66
Other Operating Expenses	7.19	4.46	2.91	3.46	7.22
Operating Expenses	206.59	184.67	198.76	149.18	177.21
Operating Income	52.67	-5.2	14.05	184.91	260.04
Interest Expense	-	-1.7	-0.62	-0.81	-1.42
Interest & Investment Income	19.56	48.3	35.48	7.97	3.63
Currency Exchange Gain (Loss)	-	-0.03	0	-0	-
Other Non Operating Income (Expenses)	11.77	-0.49	-6.88	-3.04	-3.36
EBT Excluding Unusual Items	84	40.89	42.03	189.03	258.9
Impairment of Goodwill	-	-0.78	-2.47	-	-
Gain (Loss) on Sale of Investments	-0	-	-	-	-
Gain (Loss) on Sale of Assets	-0.05	0.14	0.86	0.09	-
Asset Writedown	-6.64	-1.29	-0.34	-2.19	-
Other Unusual Items	-	1.87	2.05	9.02	2.49
Pretax Income	77.31	40.84	42.13	195.95	261.39
Income Tax Expense	14.82	7.17	8.2	30.49	41.54
Earnings From Continuing Operations	62.49	33.67	33.93	165.46	219.85
Minority Interest in Earnings	0.43	0.03	0.03	-	-
Net Income	62.92	33.7	33.95	165.46	219.85
Net Income to Common	62.92	33.7	33.95	165.46	219.85
Net Income Growth	86.71%	-0.75%	-79.48%	-24.74%	37.20%
Shares Outstanding (Basic)	180	177	179	139	135
Shares Outstanding (Diluted)	185	177	179	139	135
Shares Change (YoY)	4.34%	-0.75%	28.53%	2.88%	0.11%
EPS (Basic)	0.35	0.19	0.19	1.19	1.63
EPS (Diluted)	0.34	0.19	0.19	1.19	1.63
EPS Growth	78.95%	-	-84.03%	-26.85%	37.08%
Free Cash Flow	163.52	69.8	121.88	34.69	130.83
Free Cash Flow Per Share	0.88	0.39	0.68	0.25	0.97
Dividend Per Share	-	0.517	0.170	0.447	-
Dividend Growth	-	204.12%	-61.94%	-	-
Gross Margin	35.20%	33.87%	40.21%	42.05%	49.33%
Operating Margin	7.15%	-0.98%	2.66%	23.27%	29.34%
Profit Margin	8.54%	6.36%	6.42%	20.83%	24.80%
Free Cash Flow Margin	22.20%	13.17%	23.03%	4.37%	14.76%
EBITDA	58.59	-0.55	17.1	187.93	263.18
EBITDA Margin	7.95%	-0.10%	3.23%	23.65%	29.69%
D&A For EBITDA	5.92	4.65	3.05	3.02	3.14
EBIT	52.67	-5.2	14.05	184.91	260.04
EBIT Margin	7.15%	-0.98%	2.66%	23.27%	29.34%
Effective Tax Rate	19.17%	17.55%	19.47%	15.56%	15.89%
Revenue as Reported	-	529.88	529.28	794.49	886.35
Advertising Expenses	-	0.06	0.32	0.42	0.7

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